log☇︎
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Bowjob: personally i dont like lending btc out, unless its absolutely certain ill get it back
jcpham: if i had "borrowed" 10k btc a year ago i'd be *poof* right about now
mircea_popescu: thats a pretty high bar.
MJR_: lol, I prefer lending it when I don't know what will happen...
jcpham: pretty difficult to repay that
mircea_popescu: jcpham i borrowed ~10k exactly a year ago.
jcpham: need a real good business plan if you spent it
assbot: [HAVELOCK] [SDICE] 1 @ 0.5 BTC [+]
jcpham: if you converted it to fiat you are fucked
mircea_popescu: i didn't. teh original mpoe bonds got like 9500 or so btc
mircea_popescu: most of that's unmoved.
jcpham: good chance of digging out of the hole by staying in btc
Bowjob: https://bitcointalk.org/index.php?topic=73599.0
Bowjob: for 5 years
Bowjob: he earns in BTC, but its idk.
jcpham: anything you could have bought over the last year, other than btc, you lot money on technically
jcpham: so it's a hard loan to me financially
jcpham: i bleedb money though
mircea_popescu: there was a guy on the forum servicing a long term btc loan
mircea_popescu: old timer. name escapes me atm
mircea_popescu: taken when btc was like 5 or some shit
jcpham: loans are like gift. the blockchain is god.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7832 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7831 = 1.5662 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7821 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.778 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.77727 = 4.6636 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 0.77726 = 10.1044 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.77725 = 3.109 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77721 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.777 = 1.554 BTC [-]
mircea_popescu: um'
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.769 = 2.307 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.762 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 32 @ 0.761105 = 24.3554 BTC [-]
mircea_popescu: honeymoon over ?
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.761101 = 3.8055 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.760002 = 3.8 BTC [-]
Bugpowder_: how people keep getting BTC given to them as loans is utterly mystifying to me.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
Bugpowder_: wowwww almost 50BTC in shares
Bugpowder_: 2/3 of an avalon
ThickAsThieves: not that much
ThickAsThieves: probly just someone who moved from friedcat to btct to sell
mircea_popescu: !ticker btctc asicminer-pt
assbot: [BTCT:ASICMINER-PT] 1D: 0.78 / 0.79829 / 0.829 (209 shares, 166.8 BTC), 7D: 0.761102 / 0.83118 / 0.93 (1541 shares, 1280.8 BTC), 30D: 0.65 / 0.77396 / 1 (4449 shares, 3443.3 BTC)
mircea_popescu: now that's interestying
mircea_popescu: 1D: 0.78 vs [BTCTC] [ASICMINER-PT] 5 @ 0.76000
Bugpowder_: well, the market is uhhh.... a little -thin- below 0.75
mircea_popescu: ThickAsThieves the girl's early estimate was .75 to 1.5
Bugpowder_: https://btct.co/security/ASICMINER-PT
mircea_popescu: then they kinda blew it
mircea_popescu: then people were rooting for "oh, we'll reach 1 anyway"
mircea_popescu: then...
Bugpowder_: 16 shares of bid over 0.01
mircea_popescu: o.o
mircea_popescu: that bad, rly ?
dub: that bad?
Bowjob: if asicminer reaches 1 btc..
Bowjob: that means they expect asicminer to make at least 400k BTC
dub: there is no depth its hardly representative of value
Bugpowder_: mircea_popescu: the girl's estimates were .075 to 0.15 no?
Bowjob: thats crazy shit
ThickAsThieves: BF goes deeper
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.30000, Best ask: 75.37700, Bid-ask spread: 0.07700, Last trade: 75.55000, 24 hour volume: 80678.53152168, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.58758
mircea_popescu: Bugpowder_ no, .75 to 1.5 iirc
Bugpowder_: per share?
Bugpowder_: I don't think so
mircea_popescu: https://bitcointalk.org/index.php?topic=144319.0
ThickAsThieves: yeah she said about that
mircea_popescu: All these things considered it is perhaps not unreasonable to judge ASICMiner revenue generation ability in the 5 to 15k BTC a month range. If this is in fact correct it's also not unreasonable to judge ASICMiner's market cap roughly equal or a little under that of Satoshi Dice, in which case the 400,000 share company would be worth on MPEx somewhere between 3 and 600k BTC, or between .75 and 1.5 BTC per share, making
mircea_popescu: Bitfountain the third multi-million dollar Bitcoin public corp in Bitcoin history.
ThickAsThieves: it wouldve hit 1+ if they actually got to 12TH+
mircea_popescu: It's unclear how much risk discount investors would be wanting to apply to that valuation, and it's also unclear how much discount will willy-nilly end up being applied in the event ASICMiner actually foregoes liquidity and lists on some marginal venue. But in any case things look pretty bright at the moment, so well done!
mircea_popescu: golden mouth girl.
dub: inb4 its .9 again
dub: 50 shares moving doesn't mean shit
mircea_popescu: morel ike 100 i think
dub: did you see the latest taaki video?
mircea_popescu: no lol
mircea_popescu: is he cutting ?
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.343 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.344 = 1.376 BTC [+]
dub: http://www.guardian.co.uk/technology/video/2013/mar/22/bitcoin-currency-video?INTCMP=SRCH
dub: we need to identify that building and burn it down with those two inside
Bugpowder_: What would be the appropriate subform to post an add to borrow asicminer shares?
Bugpowder_: for shorting purposes
mircea_popescu: Bugpowder_ heh. let me find it
Bugpowder_: I mean, its a good company.
Bugpowder_: but the valuation is looking pretty frothy
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 6880830.90136 based on data since last change | 7242616.81723 based on data for last three days
Chaang-Noi: asicminer sell off lol?
mircea_popescu: Bugpowder_ https://bitcointalk.org/index.php?topic=151265.msg1605879#msg1605879
mircea_popescu: ask that guy.
assbot: [HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]
assbot: [HAVELOCK] [SDICE] 21 @ 0.5 = 10.5 BTC [+]
Chaang-Noi: mp one sell off on a thin market, still the only real asic company out there
Chaang-Noi: bfl had a non updated lol
mircea_popescu: Chaang-Noi operations were never their problem.
mircea_popescu: but theres a LOT more to success than just that.
mircea_popescu: as unromantic as this may sound, it's true.
assbot: [HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]
Bugpowder_: ah, that thread was the one I was thinking of for the girl's estimates
Chaang-Noi: dividends wont end anytime soon, not sure what the value really should be at but im not selling mine:)
ThickAsThieves: you sold some to me a month ago ;)
ThickAsThieves: .425
topace: !ticker h vtx
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.72040307 / 0.79900000 (418 shares, 301.12848142 BTC), 7D: 0.38280000 / 0.41873282 / 0.79900000 (11129 shares, 4660.07750417 BTC), 30D: 0.38280000 / 0.41873282 / 0.79900000 (11129 shares, 4660.07750417 BTC)
Chaang-Noi: yeah im not selling more, i had to get some cash
mircea_popescu: lol right. well done topace
mircea_popescu: 2x asicminer volume yest. why is that ? is cavirtex a larger corp than asicminer ?
Bowjob: canadians love their companies
mircea_popescu: at the rate this is going, it's gonna be actually.
Chaang-Noi: you cant see asicminer trade volume mp, only one of two pt
mircea_popescu: unless they fuck up their registrations
topace: !ticker h sdice
assbot: [HAVELOCK:SDICE] 1D: 0.45000000 / 0.48185851 / 0.52000000 (265 shares, 127.69250459 BTC), 7D: 0.40000000 / 0.48015951 / 0.53000000 (1375 shares, 660.21932648 BTC), 30D: 0.37000000 / 0.54970142 / 0.69400000 (5906 shares, 3246.53658408 BTC)
mircea_popescu: Chaang-Noi listen, this is a nonargument.
ThickAsThieves: several people starting pumpin VTX at around .5
ThickAsThieves: started*
mircea_popescu: the fact that i can't see it speaks against it not excusing it.
Bowjob: i couldnt understand the vtx pump either, i missed it
topace: yea pretty nuts
topace: and 0 dividend announced for vtx
Chaang-Noi: why are you talking about the trade volume if it is a nonargumnt? im just saying you cant see the real trade volume, that is a fact :/
Bowjob: any more ipos, topace
mircea_popescu: incredibly people are still betting yes on bfl : https://twitter.com/BitBetsBets/status/316395891206549505
topace: Bowjob: not in the immediate future
Chaang-Noi: mircea_popescu> 2x asicminer volume yest. why is that ? is cavirtex a larger corp than asicminer ? i was answering this question
Bowjob: i was wrong about vtx, i didnt see any dividends, i didnt think it was gonna get funded
mircea_popescu: Chaang-Noi the trade volume IS the controlling argument.
Bowjob: much to my chargrin
dub: dude people bet on pirate for how long after he split?
mircea_popescu: the fact that asicminer fucked up their ipo is NOT an excuse for them
Bowjob: i learned though, if i see huge volume..
mircea_popescu: but the very problem they face.
Bowjob: get in11
mircea_popescu: dub this is a point.
topace: yea VTX sold out in ~12 hours.. WITHOUT any pre-announcement of when teh IPO was happening
Chaang-Noi: but you dont even know what the vo;lume is, but i still disagree, some private companies are worth more than highly traded ones
topace: and the owner (joseph) didnt even email his user base to tell them about it either
mircea_popescu: Chaang-Noi i know what the volume is. this :
mircea_popescu: !ticker btct asicminer-pt
assbot: [BTCT:ASICMINER-PT] 1D: 0.75 / 0.78997 / 0.829 (288 shares, 227.5 BTC), 7D: 0.75 / 0.82809 / 0.93 (1620 shares, 1341.5 BTC), 30D: 0.65 / 0.77385 / 1 (4528 shares, 3504 BTC)
mircea_popescu: THAT is the volume. everything else is bullshit.
Chaang-Noi: that is one pt
mircea_popescu: we have standards in btc, we stick to them.
Bowjob: it was on the website on cavirtex.. i remember
Bowjob: that they will announce an ipo soon
Chaang-Noi: pt is pass though, it is not real stock
mircea_popescu: people who think they're smarter are much akin to the street prophets in ny.
ThickAsThieves: ฿215.44022652vol on BF
mircea_popescu: Chaang-Noi exactly.
ThickAsThieves: too
Chaang-Noi: standards in btc? lol
mircea_popescu: yes.
topace: Bowjob: yea it was announced on the website, but if you werent on teh website when it happened you wouldnt even have known
topace: i was baffled why he didnt want to announce it at least a few days ahead of time
Chaang-Noi: you show me one volume of one pt and say it means something about the company? im not the only one who would think that is silly
topace: give people time to prep and move funds to havelock
dub: sounds like an evoorhees move
dub: ie, stupid
topace: haha
ThickAsThieves: BCTC only holds 5342 shares
mircea_popescu: Chaang-Noi you may not be the only one that thinks that's silly, but that's quite irrelevant.
mircea_popescu: topace you gotta show people the light moar.
Bowjob: mp, what happened to the avalon bet
Bowjob: i dont see it on bitbet
Chaang-Noi: oh mp, tisk tisk tisk :)
ThickAsThieves: topace, whatever you did worked just fine
assbot: [MPEX] [S.DICE] 300 @ 0.00449999 = 1.35 BTC [-]
mircea_popescu: Bowjob did it close ?
Bowjob: yeah it should be closed
Chaang-Noi: i think your just jelly it is not on your exchange and you did not invest with them:)
Bowjob: but i dont see it anywgere
topace: hehe yea, i didnt do _anything_ all we did was put the banner on the www.cavirtex.com website and a news article on havelock website
Bowjob: when i type avalon
mircea_popescu: Bowjob then are you searching on the closed ones ?
Bowjob: mhm
topace: thats all it needed apparently
mircea_popescu: Chaang-Noi ya dude, totally. the fact that they failed to meet spec is something that makes me jelly.
mircea_popescu: the fact that they've cost their investors 100k btc or so makes me jelly.
mircea_popescu: i'm jelly to my ears, srsly.
Bowjob: oh, found it
ThickAsThieves: maybe YOU didnt do this, but the asset also had a nice prospectus, and a video
Chaang-Noi: 100,000 btc? lol you trollin?
mircea_popescu: no.
topace: ThickAsThieves: yea, we delayed it 3 times due to prospectus re-writes
Bowjob: so topace how are investors gonna get paid
mircea_popescu: read the forum threads linked above, i won't bother rehashing it.
Chaang-Noi: how did they lose 100k btc then, lol
Bowjob: i didnt see any dividends back
mircea_popescu: that's what i pay pr for after all.
Bowjob: on the sheet
topace: pure growth stock?
topace: im sure there'll be dividends eventually
Bowjob: I'm interested on the leveraged trading,
Chaang-Noi: cant back up crazy claim, says not trollin, lol
topace: they just havent been announced yet
Bowjob: i can lend some btc there, have 12% guaranteed
mircea_popescu: Chaang-Noi https://bitcointalk.org/index.php?topic=151265.msg1605879#msg1605879 <<< read.
Bowjob: if you watched the video.. he mentioned the leverage as part of cavirtex
dub: all I see is sour grapes tbh
ThickAsThieves: regarding asicminer, its still a very small amount of shares even being traded
Bowjob: so i assume he's gonna need osme btc
mircea_popescu: and in general, when you're sent to do reading it's because you're sprouting nonsense.
Bowjob: and its guaranteed since i think they'll make people put up collateral
assbot: [BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]
topace: Bowjob: yes, the leveraged trading will happen on virtex, using the short fund on havelock as collateral
dub: as ThickAsThieves is saying there is no market for AM beyond a couple of pissant PTs and some forum auctions
mircea_popescu: dub that's exactly what "blowing your ipo" is.
Chaang-Noi: you wanted me to read inauncall your girl names?
mircea_popescu: you're going "dude, i'm missing an eye and both legs"
mircea_popescu: yes dude, you are. that's what fucking up is. missing body parts.
assbot: [HAVELOCK] [VTX] 8 @ 0.75449999 = 6.036 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.7545 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.755 = 3.775 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.75999996 = 2.28 BTC [+]
assbot: [HAVELOCK] [VTX] 19 @ 0.75999998 = 14.44 BTC [+]
assbot: [HAVELOCK] [VTX] 3 @ 0.76 = 2.28 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.765 BTC [+]
Bowjob: ooh
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76 BTC [-]
ThickAsThieves: bam!
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.68 = 1.36 BTC [-]
Bowjob: crazy
Bowjob: imo best investments as a growth stock..
Bowjob: asicminer. and HIM at havelock
Bowjob: nice btc multiplier
mircea_popescu: what's him ?
topace: mircea_popescu: my mining fund
Bowjob: same as asicminer, tho smaller
assbot: [MPEX] [S.MPOE] 8273 @ 0.00064056 = 5.2994 BTC [-]
Bowjob: the only thing that bothers me is that you took bfl pre orders
topace: mircea_popescu: yea, until fucking BFL delivers
mircea_popescu: topace those do poorly historically. what's it got, fpga ?
topace: yea about 22GH atm, all FPGA
topace: since like, last summer
Namworld: VTX is going nicely
mircea_popescu: https://bitcointalk.org/index.php?topic=147613.msg1676943#msg1676943 << lol bitbillions guy is still at it
topace: but we only pay out ~50% as dividends, with extra being reinvested
topace: in new hardware
Bowjob: did you order any avalons
topace: so its not like lame gigaminer where you're buying a certian mh/s
topace: your share is always your percent share of the total
Namworld: oh, don't tell me about it...
Bowjob: yeah thats a pretty good fund, i like it... but. dat bfl
mircea_popescu: topace that's saner.
topace: indeed
Bowjob: they are pretty silent over there, josh is just going insulting people on the forums
Bowjob: as usual
topace: we were even outdoiing network increases and raising dividends
topace: due to the reinvestment in new fpga's
topace: until a few months ago
topace: when all the ASIC shit hit the fan
topace: but... we also have 1.8Th on pre-order, and most of which will be paid for with re-invested earnings (so no need to issue new units to buy the units up front)
topace: thanks to the btc appreciation
topace: what we had saved to buy asics to cover 4-6 units, now will cover pretty much all 30 units we have on preorder
mircea_popescu: topace the pre-order is on bfl ?
topace: yea
mircea_popescu: ouch
topace: dating back to the first week of pre-orders
Bowjob: that bothers me, lol
Bowjob: how much was the 1.5 minirig
Bowjob: in btc
mircea_popescu: a, it's not paid yet ?
topace: yea, starting to really bother me too.. however -- its not paid for with HIM funds
mircea_popescu: so basically you hold the early option to 1.8th of bfl
topace: its all paid for with my personal funds
mircea_popescu: at a fixed early price ?
mircea_popescu: uh
topace: when they are sitting on my desk, HIM buys them from ME
mircea_popescu: o i c.
mircea_popescu: you fool :D
topace: at a markup of course
topace: hehe, worked well for the fpga's
topace: bfl will deliver
mircea_popescu: next thing out of my mouth was "so are you lending stock ?" but averted.
topace: just a matter of when
Bowjob: 31 BTC says not until july at least
Bowjob: http://bitbet.us/bet/307/bfl-will-deliver-asic-devices-before-july-1st/
Bowjob: mhm, maybe its a good idea to make my own mini farm starting with 1 avalon
Chaang-Noi: i think im going to lose my bet thinking bfl would ship this month, lol
Bowjob: have them multiply
Chaang-Noi: oh well
Bowjob: i'll drive my parents nuts
jcpham: shipping april 1st
mircea_popescu: "The other factor, of course, is that Bitcoin can't be manipulated as easily as gold and silver obviously are. "
Chaang-Noi: perfect day for bfl
mircea_popescu: dude wat
Chaang-Noi: fools day, lol
Bowjob: the first buyers were better off holding btc
ThickAsThieves: that would be perfect
Chaang-Noi: i went long on bitcoinica :)
mircea_popescu: anyone know the bitcoinity ppl ?
mircea_popescu: ty
ThickAsThieves: ;;goxlag
gribble: 0 seconds
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.60501, Best ask: 75.69800, Bid-ask spread: 0.09299, Last trade: 75.60500, 24 hour volume: 80478.52504177, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.59924
topace: anywho, im off
topace: later!
Bowjob: pce
Bowjob: i wonder if there's gonna be a bet before may 1st avalon
Bowjob: err.. i meant bfl
Bowjob: or we just go straight to july
assbot: [MPEX] [O.BTCUSD.C630T] 1000 @ 0.19996944 = 199.9694 BTC [+]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.22859638 = 228.5964 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.17290381 = 172.9038 BTC
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.12457025 = 124.5703 BTC
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.14768862 = 147.6886 BTC
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.10373103 = 103.731 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.06926151 = 69.2615 BTC [+]
mircea_popescu: o hey
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.08527783 = 85.2778 BTC [+]
mircea_popescu: !ticker m ^oix
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 48.45538965 / 66.4177076 / 76.84005554 (33537 shares, 2,737.95 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Bowjob: someones making bank
mircea_popescu: these need like what, 79 or so ?
ThickAsThieves: correct
tiberiusiv: mp: are you under the assumption options tend to predict the future?
ThickAsThieves: sentiment can become self-fulfilling, like chart-reading
tiberiusiv: options tend to expire worthless
ThickAsThieves: like debates with you?
assbot: [HAVELOCK] [VTX] 1 @ 0.75999999 BTC [-]
ThickAsThieves: sry that was called for
tiberiusiv: you never have anything to debate
ThickAsThieves: wasnt
ThickAsThieves: lol
ThickAsThieves: we havent debated? oh
mircea_popescu: tiberiusiv did you read the oix article ?
tiberiusiv: mircea_popescu: i think mpex shares declined due to missing out on the cavirtex ipo
mircea_popescu: what, thre's some golden rule that all ipos must happen on mpex or something ?
tiberiusiv: cavirtex may have been the most successful ipo to date?
tiberiusiv: i dont even think sdice sold out that fast
tiberiusiv: mircea: well, it would have been nice that the higher quality issuances use mpex
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.22856513 = 228.5651 BTC [-]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.17285328 = 172.8533 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.1476286 = 147.6286 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.10365616 = 103.6562 BTC [-]
mircea_popescu: you were just born last night so you think this morning is "the best morning to date".
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.08519875 = 85.1988 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.06918073 = 69.1807 BTC [-]
mircea_popescu: for the record, bitbet is a tiny corp and collected something like that.
mircea_popescu: s.dice got 50k or so in ipo funds.
tiberiusiv: bitbet collected $300k ?
tiberiusiv: how when most of the shares are still for sale
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.681 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.68 = 1.36 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.68 = 2.04 BTC [-]
ThickAsThieves: what is your point tib? that mpex must bow to havelock?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.67 = 1.34 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.66 = 2.64 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.6591 = 5.2728 BTC [-]
mircea_popescu: o boy.
tiberiusiv: thickasthieves: no it was just interesting to see the stock price react
ThickAsThieves: did it?
tiberiusiv: it went down like 15%
ThickAsThieves: which are you refering to?
tiberiusiv: http://mpex.co/?mpsic=S.MPOE
mircea_popescu: yeah, well, prices vary a lot more than that for a lot less reason.
mircea_popescu: s.dice went to 0.008 one day just so.
ThickAsThieves: lol
ThickAsThieves: whats was the volume?
Bowjob: like a fuckton
Bowjob: 400 worth of btc was it
tiberiusiv: asicminer tanked too ?
mircea_popescu: Bowjob huge, like 1mn shares
ThickAsThieves: yeah AM forked
Bowjob: yeah so around 4k btc worth... at the time?
Bowjob: i remember the fiat value was about 80k usd
tiberiusiv: so what exactly is asicminer? avalons equipment
tiberiusiv: and they payout what they mined
Bowjob: it was equally painful and pleasurable for the parties
tiberiusiv: or were they using asicminer shares to finance avalon orders lol
Bowjob: involved in the 0.008 transaction
Bowjob: well i asume its painful for just 1 party lol
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [+]
ThickAsThieves: asicminer up 12%
ThickAsThieves: ;)
tiberiusiv: i think over the longrun you will be better off just owning btc outright then btc companies
mircea_popescu: lol ThickAsThieves
tiberiusiv: same thing applied to gold
mircea_popescu: there never were "gold companies"
tiberiusiv: miners
mircea_popescu: this is not what btc companies are.
tiberiusiv: theres also been countless gold transfer firms that have busted too
tiberiusiv: btc companies work for short time periods before competition becomes intense
mircea_popescu: still not a valid comparison.
mircea_popescu: listen, you have this broken approach to learning whereby you make definitive statements that are both wrong and uninformed
mircea_popescu: with the expectation someone will argue you into sense.
mircea_popescu: this is unwarranted, nobody really cares.
tiberiusiv: really they are wrong? like mtgox losing market share for 2 years?
assbot: [MPEX] [O.BTCUSD.C710T] 5 @ 0.119 = 0.595 BTC [+]
mircea_popescu: this isn't a school setting and you're certainly not the clever kid in the class or anything.
tiberiusiv: and mpex having no listings outside of sdice
mircea_popescu: and you can't manipulate me into it either, simply because of the size differential.
tiberiusiv: you can make all the statements you want mp, facts speak for themselves and mpex has 1 firm on it that is not related to mpex.
tiberiusiv: mpex's only "edge" so far is its dominance of option trading
assbot: [MPEX] [O.BTCUSD.C730T] 8 @ 0.0981512 = 0.7852 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 10 @ 0.10153501 = 1.0154 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 600 @ 0.086 = 51.6 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 10 @ 0.09959 = 0.9959 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 5 @ 0.0869 = 0.4345 BTC [-]
ThickAsThieves: My first day trading options on MPEX and I'm up 22.5%, heyo!
ThickAsThieves: similar reports will not be given when i lose
Namworld: lol >.>
assbot: [BTCTC] [BASIC-MINING] 14 @ 0.344 = 4.816 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 600 @ 0.06917259 = 41.5036 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 6 @ 0.34999 = 2.0999 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 400 @ 0.06917259 = 27.669 BTC [-]
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.00002, Best ask: 75.51612, Bid-ask spread: 0.51610, Last trade: 75.51612, 24 hour volume: 80957.53550534, 24 hour low: 70.78624, 24 hour high: 78.00000, 24 hour vwap: 74.64243
Namworld: and bids are increasing
ThickAsThieves: ;;bids 70
gribble: There are currently 10614.009 bitcoins demanded at or over 70.0 USD, worth 759660.325336 USD in total. | Data vintage: 0.0074 seconds
ThickAsThieves: ;;asks 80
gribble: There are currently 9697.4468 bitcoins offered at or under 80.0 USD, worth 761706.200795 USD in total. | Data vintage: 3.0644 seconds
ThickAsThieves: fight!
Namworld: eheh
Namworld: I could see us reaching 100... or at least hitting against the resistance there.
Namworld: But I want price to crash
Namworld: Just reaching 100 would be fun
Bowjob: you bought puts?
Namworld: nay
Namworld: Well...
Namworld: I got puts at 31 from the beggining of the month >.>
Bowjob: eh, im in this for the long haul, let the bears have their fun
Namworld: I could sell them into the 2 satoshi bids...
Bowjob: in the form of flash crashes
Bowjob: honestly, i have no clue about crashes.. im sure no one really knows for sure
assbot: [BTCTC] [S.DICE-PT] 90 @ 0.00492 = 0.4428 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
Bowjob: well if btc crashes to 31, ian will turn legit
Namworld: Let the price flash crash to 0.01 USD per BTC (MtGox hax #2)
Namworld: ;;bids 0
pigeons: people are paying a lot of money for virtex
gribble: There are currently 36697360 bitcoins demanded at or over 0.0 USD, worth 8718811.60498 USD in total. | Data vintage: 0.0179 seconds
Namworld: VTX?
pigeons: yes
pigeons: !ticker h VTX
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.72102007 / 0.79900000 (428 shares, 308.59659097 BTC), 7D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC), 30D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC)
Namworld: pigeons, remember that most stuff on Havelock go to 10% or under per year
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
Namworld: well there's only 2 cases other than SDICE... not really representative...
Namworld: but people pay a good price/income on there
pigeons: i mean people are paying a lot of money for mpoe
Namworld: but assuming a minimum of 1k BTC traded daily and average of 2% fees.
Namworld: That's 20 BTC daily or 0.0002 per share
Namworld: so 0.073 per year
Namworld: if that's 10% per year, than price should be at least 0.73
tiberiusiv: pigeons: virtex is real canadian shares though
Namworld: That too...
tiberiusiv: pigeons: they have to be audited etc.
pigeons: we've seen what that's worth
Bowjob: http://www.youtube.com/watch?v=JI2LVH4JfV0
Bowjob: why litecoin will beat bitcoin
tiberiusiv: litecoin is a joke
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [MPEX] [O.BTCUSD.C610T] 1000 @ 0.22859638 = 228.5964 BTC [+]
assbot: [MPEX] [O.BTCUSD.C650T] 1000 @ 0.17282361 = 172.8236 BTC [-]
assbot: [MPEX] [O.BTCUSD.C670T] 1000 @ 0.14756634 = 147.5663 BTC [-]
assbot: [MPEX] [O.BTCUSD.C710T] 1000 @ 0.10353607 = 103.5361 BTC [-]
assbot: [MPEX] [O.BTCUSD.C730T] 1000 @ 0.08505736 = 85.0574 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.06902428 = 69.0243 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.08 = 80 BTC [+]
pigeons: wait they charge 2% on the btc side of the trade?
Bowjob: yeah both sides
Bowjob: fiat and btc side
pigeons: Ukto: you need to get some of that market
assbot: [MPEX] [O.BTCUSD.C690T] 1000 @ 0.12440874 = 124.4087 BTC [-]
pigeons: i had a guy tell me yesterday he wanted to deposit cad with weex but was afraid since the market was so thin, he'd have to pay the 4.50$ withdraw fee
tiberiusiv: lol
tiberiusiv: cavirtex fees will be down alot by the end of the year
tiberiusiv: so far cavirtex is the fastest withdraw/deposit exchange available
tiberiusiv: under 2hrs to fund in canada, and same day withdrawls
pigeons: that is fast
mircea_popescu: bitcoin-central does the same thing really.
tiberiusiv: only downside is its mostly catering to canadians at this point
tiberiusiv: can i fund bitcoin-central in 20,000 locations?
mircea_popescu: in about two million.
tiberiusiv: without having to deal with charlie shrem and bitinstant
mircea_popescu: or w/e banking locatyions there are in the sepa zone.
mircea_popescu: yes.
toffoo: mircea_popescu: have you gotten any further along in trying to short asicminer?
mircea_popescu: they're what cavirtex aspires to be. banking partners and all.
tiberiusiv: true SEPA is nice
mircea_popescu: toffoo only in the sense bugpowder is now also looking for shares.
toffoo: to short?
mircea_popescu: yea
tiberiusiv: mircea: how deep is bitcoin-central order book
mircea_popescu: not very.
toffoo: if you could borrow them, how/where would you sell them?
mircea_popescu: toffoo i'd have a broker sell them for me.
toffoo: where?
mircea_popescu: wherever they are
tiberiusiv: toffoo: on the exchange they trade at
toffoo: the liquidity on the two passthroughs is low (especially on the bid side)
ChaangNoi: asicminer is not listed on an exchange, it is not publicly traded, the stuff on the exchanges are just pt's sorta
swhitt: bioshock infinittte!
mircea_popescu: toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments.
assbot: [MPEX] [S.MPOE] 5450 @ 0.00064056 = 3.4911 BTC [-]
ChaangNoi: most of the volume of asic miner is traded otc on the forum
toffoo: has anyone made you a real offer to loan them? INAU?
mircea_popescu: toffoo he made a fool of himself, as in, went all tough into offering them but then failed to actually go through.
mircea_popescu: not sure what his thinking was exactly.
toffoo: how many are you thinking of shorting? (roughly)
ChaangNoi: i thought about it, but i did not think the pay off of 1% or so was worth the risk of putting them on an exchange
mircea_popescu: i dunno, a few thousand ?
toffoo: I was thinking about it too (loaning them)
mircea_popescu: what sort of term can you live with ?
toffoo: but at first glance it didn't seem like a very good idea ...
toffoo: but i thought about it a little deeper today,
ChaangNoi: have you seen the bids on the PT's ? not many, also when it is time to buy back, you might not has the asks... this might not be a good thing to short (if you do a pt)
mircea_popescu: well as a rule of thumb, if loaning them isn't a good idea selling them usually is a good idea.
toffoo: and maybe came up with an idea that makes more sense (for both parties)
mircea_popescu: outside of cp risk consideratios
mircea_popescu: toffoo a good starting point would be the old short contract i made for public use
tiberiusiv: http://www.bitcoincard.org/
toffoo: it was the cp risk considerations that I didn't like
tiberiusiv: whatever happend to this?
mircea_popescu: http://polimedia.us/bitcoin/mphf.txt
toffoo: lemme take a look at that ...
Bowjob: https://bitcointalk.org/index.php?topic=157951.msg1677720#msg1677720
Bowjob: still deciding if this guy can be trusted or not
Bowjob: he seems to want an avalon 3
ChaangNoi: are they even still forsale?
tiberiusiv: the local begger
ChaangNoi: loaning btc is just asking for it to be gone...
tiberiusiv: 0.5btc says he spends his borrowed funds on sdice
mircea_popescu: Bowjob i wouldn't be borrowing btc to unheard of ppl.
toffoo: mircea_popescu: so did that trade actually happen?
mircea_popescu: yeah
Bowjob: yes yes of course. he's an uknown..
toffoo: my condolences ??
mircea_popescu: why ?
mircea_popescu: expired worthless.
toffoo: so you didn't sell the shares you borrowed?
mircea_popescu: i did sell them, yes.
mircea_popescu: did you actually read that thing ?
toffoo: just skimmed it ;D
toffoo: so you covered a long time ago?
mircea_popescu: yes well that doesn't work too well for contracts.
mircea_popescu: no.
ThickAsThieves: when mpex call options book is empty, then what?
mircea_popescu: it.expired.worthless.
mircea_popescu: "And that the Lendee shall cause the shares be returned to the Lender on December
mircea_popescu: the 19th, 2012, or at his preference pay their value calculated as the average
mircea_popescu: price during the past five days, except if ASICMINER should have become disconti
mircea_popescu: nued or are no longer traded in which case a token payment of 1 BTC shall be suf
mircea_popescu: ficient."
mircea_popescu: ThickAsThieves then nothing ? or what you mean
tiberiusiv: thickasthieves: his bot will just fill it up.
ThickAsThieves: thx
ThickAsThieves: is that on a schedule or?
mircea_popescu: yeah about ten minutes or so roughly.
tiberiusiv: along with trades
ChaangNoi: did you pay the 1 btc?
mircea_popescu: iirc yea
ThickAsThieves: thx
ChaangNoi: well asicminer is still traded just otc and not on an exchange.
Namworld: Yeah. I got a whole BTC to show for that contract >.>
mircea_popescu: yeah but as i said above, "<mircea_popescu> toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments."
Namworld: I just really wasn't expecting GLBSE to go down.
ChaangNoi: however it would be hard to find an average price
mircea_popescu: ChaangNoi exactly.
mircea_popescu: there's no practical way to do stuff like shorting unless there's functioning markets.
ChaangNoi: i agree
mircea_popescu: which is why stupid shit like what friedcat is pulling is at best harmful
ChaangNoi: that is why i think it is very hard to short this stock
mircea_popescu: if he's not outright scamming.
ChaangNoi: shorting a pt is risky
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.69 = 1.38 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
ChaangNoi: i dont think he is scamming, he just does not want a second glbse fail, this is him making sure he wont lose money again
mircea_popescu: i don't think he is either.
ChaangNoi: it is susspected nefario took some of the shares and claimed them as his own,
mircea_popescu: honestly i think he failed to uinderstand that operations is just piece of the pie, not the whole pie
mircea_popescu: had some "helpers" of the typical sort doing an exchange
mircea_popescu: which failed
mircea_popescu: and got himself stuck and with no time to handle things.
ChaangNoi: his goal was to get the money to make the stuff, he has it, he could care less about the share price as he will no longer sell shares
mircea_popescu: yes well...
mircea_popescu: that's asinine.
ChaangNoi: he and many of us, are in it for the dividends, not share price
mircea_popescu: that's besides the point.
mircea_popescu: when you run a public company you owe your shareholders some basic stuff.
ChaangNoi: he wont sell shares if the price is .001 or 20 btc he does not need an exchange
mircea_popescu: the time/effort he put into handmanaging email transfers by now is an eyesore in his books
mircea_popescu: (which he prolly doesn't actually keep)
ChaangNoi: he is letting us trade the shares, he is letting us do PTs
ChaangNoi: the time he spends on that is better than a second glbse fail
ChaangNoi: he lots a lot of btc and a lot of people lots shares
mircea_popescu: yeah, he misjudged glbse at that time.
mircea_popescu: this doesn't mean anything about the world
mircea_popescu: it just means something about his financial competence.
ChaangNoi: he thinks at this time there is not a safe exchange to list at
toffoo: actually asicminer was way ahead of the game in predicting glbse's demise ...
mircea_popescu: no, he just thinks he doesn't have a clue about such matters.
ChaangNoi: i have no problem with the way he is doing things honestly
mircea_popescu: anyway, at about the same time asicminer got started i wanted to list mpoe.
mircea_popescu: it was obvious to me glbse is going to shit, and so i saw myself forced to make an exchang
mircea_popescu: there's a difference.
mircea_popescu: toffoo notrly.
toffoo: yes rly
mircea_popescu: they're still 1-2k btc locked in there aren't they
ChaangNoi: he is not in the business of making an exchange, his skills is making asics, or if he can do both, the better money for his time is asics
mircea_popescu: this is not predicting anything, keeping 1k+ in cash on global scam exchange.
mircea_popescu: ChaangNoi this fails to explain why he said he was making one.
ChaangNoi: glbse was going down hill, nefario was a nutter
mircea_popescu: actually... promised to.
mircea_popescu: ChaangNoi bitch, quit it. you were his main supporter back in september when i was the only one saying this
ChaangNoi: mp he might have started to make one, but found it not safe or that he was too busy making asics to finish
mircea_popescu: no. he promised an exchange, he failed to deliver it, never mentioned it again
ChaangNoi: lol yeah nefario and i have always been close
mircea_popescu: stop trying to alter history on me, i won't let it pass.
mircea_popescu: yes, you have.
mircea_popescu: up until he up and kicked you.
ChaangNoi: lol you forget when he tried to kick me before?
mircea_popescu: what the fuck do you think, my memory is three months long like the forums ?
toffoo: i'd say the forum is < 1 week
mircea_popescu: toffoo that's a point.
ChaangNoi: i called nefario a scammer before he kicked me, and 6 months before that i would not give him my id cuz i said he could not be trusted and his site was not safe.. the forum posts are still there
ChaangNoi: he said he was going to kick me but never did, he backed down
mircea_popescu: https://bitcointalk.org/index.php?topic=157789.msg1677033#msg1677033
mircea_popescu: lmao! this is TOTALLY glbse all over again
assbot: [HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]
ChaangNoi: odd
tiberiusiv: how convenient they register in delaware
ChaangNoi: well, it is a real company
tiberiusiv: most secretive laws regarding corps
mircea_popescu: msot everyone registers there
ChaangNoi: i would say it is not exactly like glbse and theymos unless there is stuff going on i dont know about
tiberiusiv: yes for tax and secrecy
mircea_popescu: yeah
mircea_popescu: and for speed and cheapness and really... that's what delaware does
mircea_popescu: sorta like idaho and potatoes
mircea_popescu: "Looking to borrow 600 BTC @ 3.5% weekly ianbakewell" << heh
toffoo: nevada is pretty good too (for registering, not potatoes)
Namworld: sheesh
pigeons: i wonder if bakewell is the guy's rea; name
ChaangNoi: ianbakewell is still around? and asking for money? oh lol
Namworld: 3.5% weekly
mircea_popescu: that's the old thread i quoted
Namworld: I pay 0.21% weekly and I find that a lot.
ChaangNoi: ok
Bowjob: its his real name
ChaangNoi: so?
ChaangNoi: lots of scammers used their real name
mircea_popescu: bernie maddoff did
pigeons: i asked cause its humorous. i know its bad form to make fun of a fellow's name
pigeons: mernie madoff is funny one too
Bowjob: the moment of truth for ian is 29th of march
Bowjob: thats his 1st cheduled payment
tiberiusiv: he can only make it if the btc price is down
Namworld: He actually got the 600 BTC?
Bowjob: yes
Namworld: what did he spent that on?
ChaangNoi: he picked a bad time to short btc
mircea_popescu: Namworld he shorted btc at 30
Bowjob: and it says on his sig, short btc at 34.50
tiberiusiv: namworld shorted btc
pigeons: when does he have to rebuy his S.DICE shares too? you know he hasn't done that yet
Bowjob: that hurts like a bitch
Namworld: oh...
Bowjob: thats may
Bowjob: in may
mircea_popescu: pigeons prolly after they go to 80
Bowjob: TF is on the receiving end of that share short
Namworld: 25,200 USD lost at 72 USD/BTC
Namworld: 600x42
Bowjob: he did well at shorting s.dice
tiberiusiv: hence him defaulting
Bowjob: btc? not so much
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 74.66999, Best ask: 74.67000, Bid-ask spread: 0.00001, Last trade: 74.67000, 24 hour volume: 81024.62335997, 24 hour low: 71.25319, 24 hour high: 78.00000, 24 hour vwap: 74.68722
mircea_popescu: did he even say what his s.dice short cost basis was ?
Bowjob: it was 0.62
mircea_popescu: a then he's ahead there
Bowjob: cuz fuck the extra zeros
mircea_popescu: then be consistent, say 62
tiberiusiv: sdice is too dangerous to short because voorhees has 90% of them and can always manipulate earnings
Bowjob: or .62
mircea_popescu: just two digit most relevant works imo
Namworld: 20k BTC till 95 USD/BTC ...
tiberiusiv: voorhees can simply use his buying power to bully short sellers into massive losses
pigeons: well he's trying to have less than 90%, he's working on it
mircea_popescu: btc is 74, sdice is 45 and smpoe 68 or w/e
Bowjob: tiber, more conspiracy theories please
tiberiusiv: pigeons: hell have to fake more playing
mircea_popescu: tiberiusiv that's really a discredited argument you know.
tiberiusiv: no it isnt.
mircea_popescu: right. because you'd know.
pigeons: tiberiusiv: that's an unproven allegation that we've all been over. we're all interested only if you have some proof
tiberiusiv: if it was, voorhees wouldnt still have 90% of shares.
mircea_popescu: think for a moment. if he has 90% of the shares or if he has 500k BTC it's all the same.
mircea_popescu: plenty of people can bully shorts if they chose to.
tiberiusiv: the proof is that more people arent willing to buy shares
ChaangNoi: hokers and blow odds are
ChaangNoi: seems to be what most do
mircea_popescu: that's not how proof works, that's how circular arguments work.
tiberiusiv: mp: id expect you to defend him since your own operations are beyond shady as well.
mircea_popescu: you know there's a long history of hotheads with nothing to show just like yourself tried that entire approach.
mircea_popescu: i'm still here.
tiberiusiv: mpex is what 95% owned by you? theres no way to tell how many of your "options" trades are real
mircea_popescu: 88%
tiberiusiv: you only need to get rid of 10-20% shares at inflated valuations to pocket millions
tiberiusiv: to gullible idiots
toffoo: that's bill gates and warren buffet of btc right there
mircea_popescu: stop running around the field. the point of discussion here is that the holding % makes no difference.
mircea_popescu: if i have 500k btc in cash and you short something,
mircea_popescu: ANYTHING
mircea_popescu: i can burn you.
mircea_popescu: it's immaterial if this wealth is in shares or btc or anything.
tiberiusiv: yea and you have proceeds from the existing share sales
tiberiusiv: so does voorhees
tiberiusiv: to burn shorts.
tiberiusiv: that was my entire point
mircea_popescu: right. so basically your argument reduces to "we can't short bcause we don't control the money supply"
mircea_popescu: this is true, you don't.
mircea_popescu: however, needing this argument shows your shorts are a power play, not a market play.
mircea_popescu: and it is all as it should be : you aren't the ones in power for a very good reason.
mircea_popescu: that reason is that you suck, however packaged
mircea_popescu: that you're new, or clueless, or haven't done anything worth the mention.
tiberiusiv: fact is this, sdice has been around about 1 year now and is so "profitable" yet voorhees cant sell more shares.
mircea_popescu: power always concentrates in the hand of the elders, and the productive, and the smart.
tiberiusiv: same with mpex and its 30mil of notional contracts
mircea_popescu: you presume "can't".
tiberiusiv: yet nobody wants the shares in mass.
mircea_popescu: dude srsly.
tiberiusiv: however a verified business like cavirtex sells out in a few hours.
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.74 = 2.22 BTC [+]
mircea_popescu: fiction is one thing, but you're veering into delusion.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [+]
mircea_popescu: !ticker m s.mpoe
assbot: [MPEX:S.MPOE] 1D: 0.00062546 / 0.000641 / 0.00066783 (305707 shares, 195.96 BTC), 7D: 0.00062546 / 0.00069767 / 0.00077505 (2232450 shares, 1,557.51 BTC), 30D: 0.00061614 / 0.00072244 / 0.00078628 (31470843 shares, 22,735.98 BTC)
mircea_popescu: !ticker havelock vtx
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.71964458 / 0.79900000 (408 shares, 293.61499054 BTC), 7D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC), 30D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC)
mircea_popescu: compare 22k to 4k btc.
mircea_popescu: do you get it now ?
mircea_popescu: and this was on their motherfucking ipo.
tiberiusiv: mircea: i am? you only need to dump 10-20% of your grossly overvalued shares to pocket millions
mircea_popescu: except i'm not doing it, because they're not overvalued.
tiberiusiv: virtex does a small % of volume compared to what you claim you do
mircea_popescu: i wouldn't sell my state in s.mpoe for 50mn usd in cash today.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65508 BTC [-]
tiberiusiv: yea right
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6432 BTC [-]
mircea_popescu: yeah.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.63 BTC [-]
mircea_popescu: if anything, i'm oversold. s.mpoe is on the long term worth more than jpm.
toffoo: quote of the day?
tiberiusiv: yea with all of its 1 unique asset
mircea_popescu: toffoo totally.
mircea_popescu: tiberiusiv it's unique asset is me.
toffoo: put it in your sig
mircea_popescu: jpm doesn't have a mp equivalent for the fiat space.
tiberiusiv: mp: yes the typical sociopathic quotes.
mircea_popescu: since morgan's unfortunate demise early 1900s
tiberiusiv: mp: and you being in one of the largest fraud centers of the world doesn't help your case either.
tiberiusiv: romania.
mircea_popescu: right, because this is thinking.
pigeons: jp, jr
tiberiusiv: mp: 10-20% of your shares get sold you pocket millions, on a business where nobody can verify actual activity on.
ChaangNoi: lol cuz he is in romania must be scam? facepalm
mircea_popescu: exactly.
tiberiusiv: anyone can bot up options trades.
mircea_popescu: this is btc.
mircea_popescu: the entire point of btc is that nobody can "verify".
ChaangNoi: im in thailand, i must be a lady boy right? lol
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.61 = 2.44 BTC [-]
mircea_popescu: which is all the better, let the wannabe "verificators" mind their own business.
assbot: [HAVELOCK] [VTX] 1 @ 0.66 BTC [-]
tiberiusiv: chaangnoi: thats why nby credible wants to list on his exchange, romania is internet fraud capital.
mircea_popescu: and to be clear : tyhis isn't a "case" im making. this is a political statement.
tiberiusiv: yes another drawback
mircea_popescu: bitcoin is exactly about raping the sort of bs you're sprouting.
tiberiusiv: customers dont want to hear political statements.
mircea_popescu: i don't need to persuade you that btc is worth something, or that mpoe is worth someting.
ChaangNoi: lol there are reasons not to use his excahnge, being in romaina is not one of them
mircea_popescu: i'll justg mind my own business indefinitely and you come crawling whenever you're done lubing yourself up.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.63 BTC [+]
tiberiusiv: mircea: of course you will, you have no problem taking the slow and steady approach of selling worthless shares over a longer time period.
mircea_popescu: but the fact alone that the "mpoe is worthless" argument reduces to a "btc is worthless" defeated argument from 2011
tiberiusiv: why make 1mil when you can make 10
mircea_popescu: already is good enough.
tiberiusiv: btc code can be viewed by anyone
mircea_popescu: so ?
tiberiusiv: mpex cant be.
mircea_popescu: heh.
tiberiusiv: nobody knows how much of your supposed tens of millions in options is fake.
mircea_popescu: your argument cvhanged from "i can't verify the identity of users"
tiberiusiv: hence why you still own 90%
tiberiusiv: i never argued identify of users
tiberiusiv: users mean nothing.
mircea_popescu: ...
tiberiusiv: nobody on here can verify ANY of the trades/volume mpex does.
mircea_popescu: nobody knows how much of your supposed tens of millions in options is fake. <<< IDENTITY OF USERS
mircea_popescu: think more. speak less.\
tiberiusiv: hence why you still own 90% of the company
tiberiusiv: i am thinking.
mircea_popescu: the only reason i own 88% of mpoe is tghat i didn't sell more.
mircea_popescu: if one day you actually read the statements you'll see it;'s been going down since 99.5% last year.
tiberiusiv: right same with voorhees
mircea_popescu: there's clear statements made as to plans, they've been followed, etc.
tiberiusiv: im not denying that
tiberiusiv: why wouldnt it be? you need suckers to pay the $
ChaangNoi: tiberiusiv sounds like you are jelly :/
mircea_popescu: yes dude. just like btc.
tiberiusiv: nobody issues btc
tiberiusiv: you issue mpex stock.
tiberiusiv: clear difference
mircea_popescu: that's done already.
tiberiusiv: btc can be auditied you cant be
ChaangNoi: if you dont like the stock dont buy it, how is that hard?
mircea_popescu: actually one of the main likely reasons mpoe is worth a lot is exactly that : btc has inflation
mircea_popescu: s.mpoe does not.
tiberiusiv: sure it does
mircea_popescu: so mpoe is becoming / became already the t-bills of btc.
tiberiusiv: the 88% of shares that havent been dumped yet
mircea_popescu: those are issued already.
tiberiusiv: they arent in the market
mircea_popescu: you're arguing both sides.
Namworld: that they are or not doesn't change the dividend per share...
mircea_popescu: if indeed they are worthless then yes they are in the market, burning a hole in my pockets.
tiberiusiv: you cant sell them becuase there is no bids yet, once you inflate the mpex earnings through faking nearly everything mpex related, bids(gullible idiots) will show up to pay you
mircea_popescu: sigh.
mircea_popescu: go harass google, seriously.
ChaangNoi: lol there are not 10 million bids for btc right now either, lol
ChaangNoi: btc must be a scam
mircea_popescu: just as soon as your corp reaches 50mn dollars valuation there's people with nothing in their pocket telling you how your capitalist way are scamming the world
tiberiusiv: btc is completely different
mircea_popescu: totally, yeah.
tiberiusiv: then a stock exchange listing worthless shares
tiberiusiv: of unverifiable companies
mircea_popescu: the emperor tiberius has accepted btc, but not mpoe, so this makes them different
tiberiusiv: anyone can verify BTC integrity
mircea_popescu: in relevant ways.
ChaangNoi: dont buy the stock if you dont like it, clearly someone lkes it
tiberiusiv: of course they do
mircea_popescu: short it for that matter
tiberiusiv: theres a gullible idiot born every minute
mircea_popescu: o wait no, he can't short it cause i have money.
mircea_popescu: and he doesn't.
mircea_popescu: but he's totally right.
tiberiusiv: he only needs to dump a small % to get filthy rich
tiberiusiv: and in romania, identities are sold by the cart load
ChaangNoi: in btc land stupid people get to do stupid things with their money, i love freedom
mircea_popescu: tiberiusiv seriously : if you had a clue you wouldn't be talkign, you would be showing.
ChaangNoi: tiberiusiv how many years have you spent in romania learning their ways?
tiberiusiv: chaangnoi: my good friend was from his city
tiberiusiv: timisoara
ChaangNoi: so you are an expert about all romanians?
mircea_popescu: ya, well, then he can prolly tell you all about how trilema was the most read romanian blog for years
mircea_popescu: since 2009 actually.
mircea_popescu: whatever happened to eskimobob incidentally ?
ChaangNoi: .75 seems to be the new AM pt price as a high
ChaangNoi: not shocked people are selling after the .1 was paid out
maximian: mircea_popescu I was wondering the same thing. eskimobob = tiberius?
mircea_popescu: maximian nah, im pretty sure they're different.
tiberiusiv: i dont know who that is
mircea_popescu: i mean, still the same 20 something aspirational kid, but eskimobob was kinda esl.
maximian: yeah, and he was more into muttering to himself
mircea_popescu: tiberiusiv the previous installment of "i won't read because i know better scammors!"
assbot: [MPEX] [S.MPOE] 6077 @ 0.00064056 = 3.8927 BTC [-]
assbot: [MPEX] [S.MPOE] 1823 @ 0.00063515 = 1.1579 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.452 = 1.356 BTC [-]
ChaangNoi: i did not buy s.dice cuz i think it was a long term investment, but im fine if others want to buy it,
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.695 BTC [+]
ChaangNoi: bad*
tiberiusiv: chaangnoi: i dont care what others do with their $, both sdice and all the mp assets are shady as hell by anyone with 2 IQ points.
ChaangNoi: then do like me, and dont buy them
ChaangNoi: its not hard
Bowjob: hey mp, ur fuckup adria comp, its 1 person per shot
mircea_popescu: nah
Bowjob: k
ChaangNoi: why are you so butt hurt he found peopleto buy them?
mircea_popescu: can do as many as you please.
Bowjob: i found a a good idea
Bowjob: lol
tiberiusiv: chaangnoi: im not. just voicing an opinion
ChaangNoi: about romanians = scammers :)
tiberiusiv: if he gets away with it all the power to him, just like madoff victims have only themselves to blame
mircea_popescu: ...
tiberiusiv: chaangnoi: not all romanians are scammers but that area breeds a huge % of them per capita, not to mention all sorts of other criminals they scatter all around europe.
ChaangNoi: i love the freedom in btc land, people get to do what they want. mp is not forcing anyone to do anything
tiberiusiv: neither did madoff
mircea_popescu: nor serghey brin
ChaangNoi: you know.. using btc might be thought of as a crime... maybe mp is a crimanal too, after all did he register his exchange? bow down to the govt, lulz
mircea_popescu: how do you pick your examples ?
tiberiusiv: using btc is no different then using anything as money
ChaangNoi: did you pay sales tax when you use btc? you are crimanal too!
tiberiusiv: not to even bring up mp's rather disgusting/shady porn dealings
ChaangNoi: oh no! sex! must be criminal
tiberiusiv: pimping girls is another thing romanians are notorious for in europe
ChaangNoi: as long as there is concent why do you care?
mircea_popescu: o, i was wondering when we get to that line of nonsense.
tiberiusiv: romanian hookers are dirt cheap because its poor girls that are easy to take advantage of
tiberiusiv: they are sent all over EU by their handlers to top bidders
toffoo: I prefer the term "good value"
mircea_popescu: you know, the sad thing with this "community" or w/e it is is that naysayers are too stupid/lazy to make good arguments.
ChaangNoi: take advantage of, like giving them a job to make good money? yeah... lol they should just starve to death or the govt should hand them piles of money cuz whatever
mircea_popescu: they become trivially easy to defeat, much to the benefit of actual scams
mircea_popescu: if the girl weren't on the forum people like the bitbillions guy would probably have the run of it.
mircea_popescu: im getting sick of having to pay to show people how naysaying is done right
tiberiusiv: mircea you havent defeated any arguement
mircea_popescu: just to not have anyone actually learn anything out of it.
ChaangNoi: lol
ChaangNoi: freemarket
mircea_popescu: yeah.
mircea_popescu: mixed bag.
ChaangNoi: you are proving that to us very well
ChaangNoi: anyway im out for a while, good trading all
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.10899 = 0.436 BTC [+]
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.07007, Best ask: 75.88870, Bid-ask spread: 0.81863, Last trade: 75.07004, 24 hour volume: 81261.23957830, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.73248
assbot: [BTCTC] [GSDPT] 100 @ 0.00447 = 0.447 BTC [+]
assbot: [BTCTC] [GSDPT] 61 @ 0.00448 = 0.2733 BTC [+]
mircea_popescu: !ticker m ^oix
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 48.45538965 / 71.84497777 / 78.24284189 (49175 shares, 4,680.64 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.49001, Best ask: 75.58000, Bid-ask spread: 0.08999, Last trade: 75.49000, 24 hour volume: 81153.14011718, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.73700
mircea_popescu: Bowjob you got a reddit ?
Bowjob: a reddit account, yes
mircea_popescu: be a sport and put adria article up ?
mircea_popescu: need moar entrants wtf.
Bowjob: Umm.. I'd get killed if I post that there
mircea_popescu: haha ok
mircea_popescu: gotta find someone with iron undies
Bowjob: lol
Bowjob: Fine, I'll post it.
mircea_popescu: eh don't ruin your life
Bowjob: I don't really post much there anyways,
mircea_popescu: just as long as you won't end up fired or something
Bowjob: "I've never seen a fire truck that needed to be shaved before. F"
Bowjob: Is this you?
mircea_popescu: nope
mircea_popescu: that sounds like a maddox quote
mircea_popescu: where is it?
Bowjob: yes it is a maddox quote
Bowjob: on the thread duh
Bowjob: i think theres only 3 players so far
Bowjob: the last 3 are the same person trying to pretend as 3 people
mircea_popescu: o hey, there's stuff there!
Bowjob: duh
Bowjob: not the last 3, the last 3 before the last one
Bowjob: which is mine
mircea_popescu: lol cool
Bowjob: you should get more now, i posted it
mircea_popescu: link ?
Bowjob: http://www.reddit.com/r/Bitcoin/comments/1b11il/nsfw_photoshop_contest/
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [+]
Bowjob: yeap
Bowjob: i enjoyed the short monopoly i had on the contest
Bowjob: since the second pic does not depict rape, i would win all the prize lolz
mircea_popescu: lol
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [-]
mircea_popescu: http://25.media.tumblr.com/tumblr_lsnmeqaA1C1qgs2k5o1_400.jpg
Bowjob: on your article you misspelled photoshop
Bowjob: i doubt people would spot it tho
mircea_popescu: i did ?
Bowjob: you spelled it as photochop
mircea_popescu: did you see the later update ?
Bowjob: and not sure with the capital S in the middle
Bowjob: oh, i see
Bowjob: The article originally used the word “photochop
Bowjob: you know..
Bowjob: my teached back in hs, raised the same issue. The "correct" term is photo-edit
mircea_popescu: no it's not.
Bowjob: no one gave a shit and called it photoshopping anyway
mircea_popescu: photoshop. fuck adobe.
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00492 = 0.0098 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 93 @ 0.00495 = 0.4604 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 318 @ 0.00495 = 1.5741 BTC [+]
Bowjob: she told us to "get creative" if we couldnt afford photoshop
mircea_popescu: like... gimp ?
Bowjob: nah she was referring to piracy
mircea_popescu: heh
Bowjob: its been so many years now i forgot how to photoshop
Bowjob: i remember i recreated this pic
Bowjob: http://en.wikipedia.org/wiki/File:Voroshilov,_Molotov,_Stalin,_with_Nikolai_Yezhov.jpg
Bowjob: i made the dude on stalin's right disappear
Bowjob: http://en.wikipedia.org/wiki/File:The_Commissar_Vanishes_2.jpg
Bowjob: to that
mircea_popescu: haha
mircea_popescu: the soviets did that.
assbot: [MPEX] [S.MPOE] 4759 @ 0.00063515 = 3.0227 BTC [-]
Bowjob: i was wondering how the hell did they do that back then
Bowjob: photoshop.. 0.00001?
mircea_popescu: by hand
mircea_popescu: same way bills were forged
Bowjob: looks legit, actually. considering the quality of photgraphs back then
mircea_popescu: yea
Bowjob: here you go mp
Bowjob: http://polimedia.us/dtng/c/res/18679.html
mircea_popescu: lmao
mircea_popescu: some of these are pretty bad too
Bowjob: the last one looks like you
Bowjob: lol
toffoo: i got all pumped up to win $750 bux .. then realized I don't have photoshop installed anymore
mircea_popescu: so get gimp
mircea_popescu: Bowjob no it doesn't, my cock is huger.
Bowjob: ah, my bad
Bowjob: lol
Bowjob: these redditors downvoted my post, yet we got some new traffic
Bowjob: its either from people here or redditors downvoted my post and joined your contest
Bowjob: adria looks like a human poodle
Bowjob: mp. wheres that pic of buttcoin
mircea_popescu: which one ?
mircea_popescu: ""Rape is fun..."
mircea_popescu: That's not cool."
mircea_popescu: i recall this carlin bit, "according to 90% of participants, gangrape is great fun"
Bowjob: the one where mpoe-pr made this dude shove a pen up his ass
mircea_popescu: o
mircea_popescu: http://polimedia.us/dtng/c/res/17150.html
Bowjob: lol
Bowjob: ah, the power of buttcoins
mircea_popescu: "o, bitcoin is worthless because i can't buy anything with it"
toffoo: so I went on reddit to upvote your contest,
mircea_popescu: but then downvoted it insteadf
toffoo: and oh dear I didn't notice your favorite bitcoin spokesperson got some more free press again last friday:
Namworld: ;;bids
gribble: (bids [--under] <pricetarget>) -- Calculate the amount of bitcoin demanded at or over <pricetarget>. If '--under' option is given, find coins or at or under <pricetarget>.
toffoo: http://www.guardian.co.uk/technology/video/2013/mar/22/bitcoin-currency-video
Namworld: ;;bids 0
gribble: There are currently 36697167 bitcoins demanded at or over 0.0 USD, worth 8721857.08948 USD in total. | Data vintage: 0.0167 seconds
toffoo: he plays the role of "squatter" so incredibly well
toffoo: i power laughed at this video
mircea_popescu: toffoo dub already mentioned it. it's funny how most of the guy's following consists of people surprised he's still alive.
toffoo: now that is grungy
toffoo: clearly that abandoned office block has no running shower
Bowjob: http://polimedia.us/dtng/c/src/136428266447.jpg
Bowjob: worst pic ever
mircea_popescu: lmao
mircea_popescu: somebody found my cock.
Bowjob: whoever did that, gratz. you've outdone me
Bowjob: mp, im pretty sure thats a vanilla pod
mircea_popescu: Bowjob :
mircea_popescu: ;;google trilema pula mea
gribble: Cum se protesteaza corect - continuare ilustrativa pe Trilema - Un ...: <http://trilema.com/2012/cum-se-protesteaza-corect-continuare-ilustrativa/>; Brigada Diverse in alerta pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2012/brigada-diverse-in-alerta/>; Noi scrisori din Liliput pe Trilema - Un blog de Mircea Popescu.: (1 more message)
mircea_popescu: jesus
mircea_popescu: wtf is this so brojken
mircea_popescu: http://trilema.com/2010/nsfw-pula-mea/
Bowjob: Oh.. i see
Bowjob: lol
Bowjob: clever
Bowjob: so its not a vanilla pod
mircea_popescu: no, it's my epeen
mircea_popescu: in 2010
Bowjob: did it grow these past 3 years
mircea_popescu: yeah
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.75 = 3.75 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 8 @ 0.34999 = 2.7999 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009993 BTC [-]
assbot: [BTCTC] [BTC-BOND] 22 @ 0.009994 = 0.2199 BTC [+]
assbot: [BTCTC] [BTC-BOND] 3 @ 0.009994 = 0.03 BTC [+]
assbot: [HAVELOCK] [VTX] 8 @ 0.75 = 6 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 15 @ 0.00441 = 0.0662 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 80 @ 0.00441 = 0.3528 BTC [-]
jurov: hi mircea_popescu, when we can exppect bitbet payouts?
assbot: [BTCTC] [S.DICE-PT] 31 @ 0.0044 = 0.1364 BTC [-]
mircea_popescu: hm, anything pending?
jurov: http://bitbet.us/bet/39/network-difficulty-under-6-million/ and at least 2 similar
jurov: no the ohers are for 12 and 20 million, they better wait
mircea_popescu: ah. presently.
assbot: [BTCTC] [GSDPT] 7 @ 0.00414 = 0.029 BTC [-]
jurov: who has done them? if you did, do you plan to create new ones?
assbot: [BTCTC] [GSDPT] 14 @ 0.00413 = 0.0578 BTC [-]
mircea_popescu: i didn't do them
mircea_popescu: but prolly a good idea for such bets anyway
mircea_popescu: also : introducing the reverse mpex http://mpex.co/?r=1
jurov: haha looks even more like 1995
mircea_popescu: :D
Bowjob: it looks good for nighttime trading
Bowjob: but..
Bowjob: the dark blue hurts
mircea_popescu: hm
Bowjob: perhaps switch to yellow, ala bestpageinteuniverse?
mircea_popescu: lol
mircea_popescu: maybe baby blue ?
jurov: or green
jurov: to support bullish mood
mircea_popescu: green'd be an idea lessee
assbot: [MPEX] [O.BTCUSD.C750T] 1000 @ 0.0689697 = 68.9697 BTC [-]
toffoo: looks like bloomberg!
mircea_popescu: http://mpex.co/?r=1 bettar ?
Bowjob: yeap
Bowjob: the only prob is
Bowjob: it hurts us when we switch from mpex to irc
mircea_popescu: lol ok
Bowjob: its a meta prob, nothing to do with site
Namworld: Hmm... did you process two deposit for me mircea? I get confused with all the buying/selling
Bowjob: since our eyes would get used to it
jurov: Bowjob, ur irc client doesn't have dark skin?
Bowjob: irc?
Namworld: I've been doing
Namworld: urgh...
Bowjob: i dunno how to do that
Namworld: Hmm...
Bowjob: ;;darkskin
Namworld: Yeah, looks like it.
gribble: Error: "darkskin" is not a valid command.
Bowjob: ;;help
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/
jurov: don't think gribble can do it... he seems caucasian
mircea_popescu: nothing pending.
Namworld: Yeah, looks like it was processed
Namworld: Looking at the list of sales/purchases on my command line, seems like my two deposits are in there now.
assbot: [MPEX] [S.MPOE] 3800 @ 0.00063515 = 2.4136 BTC [-]
Namworld: Price looks on the rise. I got some calls. I'm all good.
jurov: Namworld, which client are you using? pympex logs by default now
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.21001, Best ask: 76.50000, Bid-ask spread: 0.28999, Last trade: 76.50000, 24 hour volume: 81138.77068508, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.80606
Namworld: windows old client
Namworld: I guess
Namworld: Is the latest pympex ported to windows yet?
Namworld: Does that mean it calculates deposits and transactions appearing on stats now?
jurov: no it just does some calculation on new orders
Namworld: ah
jurov: dunno why it's such a problem with win... anyone tried the dotnet one?
jurov: ironpython or however they call it
Namworld: ;;bids 0
gribble: There are currently 36702157 bitcoins demanded at or over 0.0 USD, worth 8834463.93001 USD in total. | Data vintage: 0.0180 seconds
Namworld: We're getting closer to 9 million USD in bids
jurov: but it's a bit meaningless. maybe gribble could say "but there are only 11m btc in circulation so if they sold then..."
jurov: ;;sell 11000000
gribble: (sell <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a sell order for <amount> units of <thing, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also include expression of (1 more message)
jurov: ;;market sell 11000000
gribble: A market order to sell 11000000 bitcoins right now would net 8836647.0718 USD and would take the last price down to 0.0000 USD, resulting in an average price of 0.8033 USD/BTC. | Data vintage: 0.0160 seconds
Namworld: 8834463.93001 vs 8836647.0718 hmm...
jurov: ic
Namworld: I guess bids increased again... but anyway
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.46001, Best ask: 76.50000, Bid-ask spread: 0.03999, Last trade: 76.50000, 24 hour volume: 81081.40171129, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.81300
Namworld: It's just an very, very general estimation of funds on MtGox. There's still the USD standing idle/not on bids
assbot: [MPEX] [S.MPOE] 7950 @ 0.00064816 = 5.1529 BTC [+]
Namworld: You know there's at least as much USD as the bids.
jurov: yes it's impressive anyway
Namworld: Well it's ridiculous as far as I care.
Namworld: Well true enough
Namworld: Well it tend to flow a certain way...
Namworld: Ex: public -> SatoshiDice
Namworld: They took over 65k so far...
Namworld: Well if everyone just keeps their Bitcoins forever... there's going to be some issues
Namworld: Well I'd also get part of that...
Namworld: as long as people spend it...
Bowjob: tiber your math is way off
Bowjob: go back excuses
Namworld: I don't say they have to spend it...
Namworld: ;;bids 0
gribble: There are currently 36703203 bitcoins demanded at or over 0.0 USD, worth 8908860.95577 USD in total. | Data vintage: 0.0174 seconds
Namworld: 8.908 million... still increasing
Namworld: Well actually it probably went down because BTC increased in USD. And people want to gamble at max X USD
Namworld: or put x% of their income into gambling
Namworld: and since that's in USD...
Namworld: Of course
Namworld: USD wise however, SD is making gains
Namworld: When I make a BTC investment, I can find out holding BTC might have been better.
Namworld: But as long as in fiat it increases instead, it's not a complete loss.
Namworld: It's just worse than holding BTC
Namworld: yeah, that too
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]
Chaang-Noi: ;;asks 77
gribble: There are currently 0 bitcoins offered at or under 77.0 USD, worth 0.0 USD in total. | Data vintage: 0.0017 seconds
Chaang-Noi: ;;asks 78
gribble: There are currently 2228.4083 bitcoins offered at or under 78.0 USD, worth 173045.230736 USD in total. | Data vintage: 7.1586 seconds
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.77701, Best ask: 77.19000, Bid-ask spread: 0.41299, Last trade: 77.19000, 24 hour volume: 81058.63736284, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.89676
Bowjob: mhm
Chaang-Noi: large spread
Namworld: yeah
Namworld: But price going up
Namworld: slowly
Namworld: http://bitcoin.clarkmoody.com/
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.75 = 3 BTC [+]
Namworld: The hourly chart says crazy movements
Chaang-Noi: i think the claim of 50 million to be a bit high myself
Chaang-Noi: but if he can sell it at that good for him
Chaang-Noi: he can sell some at the price
Namworld: tiberius: $10k traded on a good day? That's WAY under...
Chaang-Noi: better to sell 10% at 10,000 than 100% at 1,000
Namworld: There's more than $10k traded daily =/
Chaang-Noi: i would agree but there is nothing wrong with mp selling it for that price
Chaang-Noi: freemarket
Chaang-Noi: ok
Chaang-Noi: but the thing is, mp found some people to buy it, 12%
Chaang-Noi: its funny until you see he sold 12%
Chaang-Noi: yup, i tip my hat to mp for finding so many
Chaang-Noi: mp is doing it honestly (i assume)
Chaang-Noi: turns out he was not (i assume)
Chaang-Noi: but you cant call mp a scammer if you dont know :/
Chaang-Noi: there you go then:)
Chaang-Noi: but it is backed up by 12% sales
Chaang-Noi: then dont invest, are you trying to convert people?
Chaang-Noi: i dont use his exchange or buy his stuff cuz i think it is way overvalued, if you are trying to convert me you are wasting your time
Chaang-Noi: well, if he can sell it might as well eh?
Chaang-Noi: if i were him id do it too
Chaang-Noi: well, im sure he sold some
Chaang-Noi: well im off to do some real work, you should really do the same, point out how sucessful mp is is not really a good use of your time.
Chaang-Noi: freemarket captalizum,
Chaang-Noi: gota love it
dub: thank you for imparting this knowledge tiberiusiv
Namworld: So you claim trades on MPEx are fake?
Namworld: well inflated at least
Chaang-Noi: i dont have a sweatshop, only because i have more profitable things to do with my limited time
Chaang-Noi: oh lol
Chaang-Noi: you must be new here
Chaang-Noi: i have not "worked" in over a year and even that "work" was "teaching" at a university
Chaang-Noi: ;;asks 78
gribble: There are currently 2117.1272 bitcoins offered at or under 78.0 USD, worth 164451.6758 USD in total. | Data vintage: 105.3837 seconds
Chaang-Noi: ;;asks 80
gribble: There are currently 8048.9544 bitcoins offered at or under 80.0 USD, worth 637161.672751 USD in total. | Data vintage: 109.1166 seconds
Chaang-Noi: yeah, it is pretty awesome
Namworld: [05:19] <tiberiusiv> namworld: always be weary of someone who has a vested interest in selling you something
Namworld: I don't typically buy S.MPOE but thanks anyway for the advice
Namworld: I get S.DICE mostly. and Options
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
MJR_: hi all
Namworld: hello
MJR_: whats new
Namworld: not much
Namworld: BTC on the up
MJR_: hmmm, i think we may see a dip
Namworld: why?
MJR_: just the depth of the book
MJR_: the buy side looks thin
MJR_: which is pretty rare
Namworld: not at all. Been like taht all day
Namworld: and still moving forward
MJR_: i mean in general it is usually a monster buy side with thing supply
Chaang-Noi: 1 million sales of btc drops it down to 72
Namworld: asks are almost just as thin
Chaang-Noi: but i think we are going up, new ath soon
MJR_: yeah its pretty thin trading altogether
mircea_popescu: market a little exhausted
MJR_: well, yeah, i mean before 9
mircea_popescu: excitement doesn't last.
MJR_: i think the market is exhausted
MJR_: and i'm thinking of trying to ride it from 77.50 to 74
Chaang-Noi: when did coinlab come online?
mircea_popescu: this is what naturally wrecks ponzis
mircea_popescu: after sustained rise there's some flagging and that causes a panic
MJR_: yeah
Namworld: http://www.bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png
MJR_: i'm thinking that if i can short it here...hopefully there is a sell off and i can buy back in for more
Namworld: after the saturday crash, bids are getting back in the orderbook
Namworld: Bids outweight asks by now
MJR_: yeah...
Namworld: Anyway
MJR_: but 250 coins to move to 77 1250 to move to 78
Chaang-Noi: wall at 77.5 wont hold
Namworld: on such a small scale, that's insignificant
MJR_: 5 to 1 pushing down
mircea_popescu: risk shorting btc tho
Namworld: http://bitcoin.clarkmoody.com/
MJR_: lol, yeah, it is tough
Namworld: Look at hourly
MJR_: and when trading high margin...you want very short scale
MJR_: clark moody always breaks for me
MJR_: using bitcoininty.org
Chaang-Noi: ;;asks 77.5
gribble: There are currently 194.56549 bitcoins offered at or under 77.5 USD, worth 15078.825151 USD in total. | Data vintage: 0.0017 seconds
Namworld: we're basically raising at about the same speed as before the crash
Namworld: asks are slowly getting eaten too
Chaang-Noi: wall gone, now to test the ath
Chaang-Noi: ;;asks 78
gribble: There are currently 1462.6683 bitcoins offered at or under 78.0 USD, worth 113828.206504 USD in total. | Data vintage: 94.5324 seconds
Chaang-Noi: lol at gox fail
MJR_: ;;goxlag
gribble: 0 seconds
MJR_: this is my first bitcoin short
Chaang-Noi: hmm
MJR_: and again, i think we may hit an ath today, i just think we will dip a couple of bucks first
MJR_: and then i reverse position
Namworld: ain't sure bout that short
Namworld: but anyway
mircea_popescu: disagreement is the measure of healthy martket.
MJR_: yeah
MJR_: we'll see, i have my finger on the cover button
mircea_popescu: when you all agree i go the other way
mircea_popescu: when you disagree i go play path of exile
Namworld: I'm out for now anyway
dub: yall nigras see this
dub: www.labsnovo.com?
MJR_: well i got my trailing stop in place
MJR_: we will see
MJR_: there we go]
MJR_: i think it really doesn't take much to burst mt gox to 60 second plus lag
Chaang-Noi: wow big sell then big buy
MJR_: i know
MJR_: unfortunately this software is just now realizing the sell, there is lag from gox, then lag to the charts, then lag to bitfinex
MJR_: and for the pleasure of seeing things happening minutes after they actually happen i pay ridiculous fees... :(
Chaang-Noi: all the asks and bids were taken out so we should see some crazy movements
MJR_: yes
MJR_: 90 coins puts under 77
MJR_: 310 for 76
MJR_: there it goes again
Chaang-Noi: ;;asks 78
MJR_: ffs big spread
Chaang-Noi: yeah
Chaang-Noi: i wanted to see a new ath :/
MJR_: you probably will today
MJR_: but hopefully not before we hit 76
MJR_: what is with this mini wall at 76.68
error4733: ;;ticker
gribble: BTCUSD ticker | Best bid: 76.68630, Best ask: 77.58899, Bid-ask spread: 0.90269, Last trade: 76.68630, 24 hour volume: 82045.91053246, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 75.03512
error4733: ;;goxlag
gribble: 0.468706 seconds
MJR_: lol they just keep widening this gap
mircea_popescu: ;;later tell toffoo https://bitcointalk.org/index.php?topic=158780.0
gribble: The operation succeeded.
ChaangNoi: test
Chaang-Noi: hmm
Namworld: dub: copyright 2012-2013?
MJR_: whatcha testing?
Chaang-Noi: new laptop
Namworld: registered 10 days ago...
dub: yeah its scammy as fuck
dub: https://bitcointalk.org/index.php?topic=155896
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.00003, Best ask: 77.03400, Bid-ask spread: 0.03397, Last trade: 77.00002, 24 hour volume: 81960.22119000, 24 hour low: 71.55001, 24 hour high: 78.00000, 24 hour vwap: 75.09242
assbot: [BTCTC] [GSDPT] 14 @ 0.00449 = 0.0629 BTC [+]
assbot: [MPEX] [S.DICE] 304 @ 0.00449999 = 1.368 BTC [-]
Chaang-Noi: 78 still holds
Chaang-Noi: booo
MJR_: this trading platform is such fucking bullshit
Namworld: the wall doesn't keep price from rising tho
MJR_: yeah
MJR_: true
Chaang-Noi: 77.77
Chaang-Noi: really 77.777
MJR_: lucky
assbot: [HAVELOCK] [VTX] 3 @ 0.7 = 2.1 BTC [-]
Namworld: I'm feeling lucky today
Namworld: More 7s
Chaang-Noi: ;;asks 79.99
gribble: There are currently 4330.0318 bitcoins offered at or under 79.99 USD, worth 343548.746816 USD in total. | Data vintage: 0.0041 seconds
kakobrekla: MJR_ you mean all of them?
Chaang-Noi: we keepgetting close, but cant reach 78 lol
Namworld: Without that wall to intimidate, there's like nothing until 100... very light slope
Chaang-Noi: sells will come in...
Chaang-Noi: ;;asks 99.99
gribble: There are currently 39920.895 bitcoins offered at or under 99.99 USD, worth 3454701.99447 USD in total. | Data vintage: 96.3542 seconds
MJR_: ;;goxlag
gribble: 90.205895 seconds
Namworld: whut
Namworld: ;;goxlag
gribble: 95.695534 seconds
Namworld: ...
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]
kakobrekla: 86$ high on stamp
kakobrekla: just now
Chaang-Noi: btc hit 100 https://bitcointalk.org/index.php?topic=85687.msg1678821#msg1678821
Chaang-Noi: on stamp
Chaang-Noi: pretty bullish if they will pay 33% more than gox
assbot: [MPEX] [S.MPOE] 4550 @ 0.00063865 = 2.9059 BTC [-]
kakobrekla: you mean this
kakobrekla: ?
kakobrekla: http://shrani.si/f/3V/sH/2APFuyCb/lol.png
kakobrekla: was a while ago
kakobrekla: but its not 100
kakobrekla: its just
kakobrekla: they are plain idiots
kakobrekla: and they put 100 in the book first, then execute the asks
Chaang-Noi: lol
Chaang-Noi: still some sold at 100 right?
kakobrekla: not on stamp
kakobrekla: Day's range:
kakobrekla: $74.30 - $86.00
Chaang-Noi: this was yesterday i think
Chaang-Noi: day old photo
kakobrekla: ah
Chaang-Noi: anyay someone seems to be messing with the market at 77.777
MJR_: hmmm
MJR_: seems like a good range
MJR_: wasn't sure if we would break 80
MJR_: but not that high of a wall really
assbot: [HAVELOCK] [VTX] 1 @ 0.665 BTC [-]
Chaang-Noi: 77.95 again
assbot: [HAVELOCK] [VTX] 3 @ 0.58 = 1.74 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 1.016 = 2.032 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.015 BTC [-]
MJR_: ;;goxlag
gribble: 0 seconds
Namworld: 78 almost breached...
Namworld: go BTC
assbot: [HAVELOCK] [KCIM] 1 @ 1.01 BTC [-]
assbot: [HAVELOCK] [KCIM] 2 @ 1.001 = 2.002 BTC [-]
ThickAsThieves: ;;goxlag
gribble: 0.101416 seconds
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.50101, Best ask: 77.77699, Bid-ask spread: 0.27598, Last trade: 77.77699, 24 hour volume: 81032.30957756, 24 hour low: 71.89779, 24 hour high: 78.00000, 24 hour vwap: 75.25893
assbot: [MPEX] [O.BTCUSD.C690T] 5 @ 0.12930638 = 0.6465 BTC [+]
MJR_: here we go
MJR_: NATH by 9:30
Chaang-Noi: 78
Namworld: yeehaa
Chaang-Noi: 127 sold at 78
Chaang-Noi: ;;asks 78
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00499 BTC [+]
gribble: There are currently 520.72291 bitcoins offered at or under 78.0 USD, worth 40616.3866223 USD in total. | Data vintage: 0.0013 seconds
Chaang-Noi: a bit of a wall then
Chaang-Noi: and its gone
Namworld: ;;asks 78.01
gribble: There are currently 146.47185 bitcoins offered at or under 78.01 USD, worth 11424.8039147 USD in total. | Data vintage: 103.6015 seconds
Chaang-Noi: new ath
Chaang-Noi: ;;asks 78.01
gribble: There are currently 0 bitcoins offered at or under 78.01 USD, worth 0.0 USD in total. | Data vintage: 0.0015 seconds
Chaang-Noi: here comes 80
Namworld: guy is going to get his wall eaten...
deadweasel: ;;calc 18000*80
gribble: 1440000
Namworld: yeah, why not
deadweasel: maybe he'll drop the wall and buy in at market.
Chaang-Noi: lol
ThickAsThieves: 79
deadweasel: ;;goxlag
gribble: 0 seconds
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 78.40001, Best ask: 79.00000, Bid-ask spread: 0.59999, Last trade: 79.00000, 24 hour volume: 82470.81706976, 24 hour low: 71.89779, 24 hour high: 79.00000, 24 hour vwap: 75.34531
Namworld: large wall removeds
Namworld: removed*
Namworld: back...
deadweasel: lol, now he's getting market bids in.
ThickAsThieves: here we goooooo
ThickAsThieves: 79.70
Namworld: HOLY SHIT
Namworld: Stop it people >.>
Diablo-D3: !ticker
assbot: I haven't understood a single word you've said since I met you, not one single word.
ThickAsThieves: watch gox freeze now
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 78.38000, Best ask: 79.58766, Bid-ask spread: 1.20766, Last trade: 79.50000, 24 hour volume: 82500.26463872, 24 hour low: 71.89779, 24 hour high: 79.04992, 24 hour vwap: 75.35045
Diablo-D3: THE FUCK
ThickAsThieves: just some lil walls
Chaang-Noi: its a big ass wall
ThickAsThieves: thatll drop
Chaang-Noi: but... lets see if it stands
ThickAsThieves: he's got a buffer wall
Namworld: wall dropped
Chaang-Noi: it did, still there but much less
Chaang-Noi: ;;asks 80
gribble: There are currently 3554.2802 bitcoins offered at or under 80.0 USD, worth 284165.021183 USD in total. | Data vintage: 55.1147 seconds
Chaang-Noi: in fucking sane
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]
Chaang-Noi: ;;asks 80
gribble: There are currently 3808.2111 bitcoins offered at or under 80.0 USD, worth 304401.035789 USD in total. | Data vintage: 26.4863 seconds
Chaang-Noi: that wont hold, usa is starting to wake up and buy...
Namworld: Good, good.
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 6881519.95343 based on data since last change | 7299527.825 based on data for last three days
Namworld: urgh
Namworld: There's no options available on MPEx
Chaang-Noi: :)
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
ThickAsThieves: whats up with that
Namworld: No idea
Namworld: Anyone with his options already purchased must be quite happy
Namworld: They're back at last
Namworld: At a premium on the call side... average increased
assbot: [MPEX] [S.MPOE] 9900 @ 0.00064816 = 6.4168 BTC [+]
mircea_popescu: $depth o.btcusd.c750t
mpexbot: mircea_popescu: O.BTCUSD.C750T Bids: ['1000 @ 0.06090229']
mpexbot: mircea_popescu: Asks: ['1000 @ 0.09287598', '1000 @ 0.25']
assbot: [HAVELOCK] [SDICE] 2 @ 0.454 = 0.908 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.453 = 2.718 BTC [-]
mircea_popescu: about there neh ?
ThickAsThieves: too spensive!
Namworld: yeah
mircea_popescu: !last m o.btcusd.c750t
assbot: Last trade for O.BTCUSD.C750T on MPEX was at 0.0689697 BTC [-]
Namworld: I think that was me buying
assbot: [HAVELOCK] [HIM] 2 @ 1.501 = 3.002 BTC [+]
assbot: [HAVELOCK] [HIM] 2 @ 1.5 = 3 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.5 BTC [-]
Namworld: Yup, was me buying
Namworld: A little 1000 options
assbot: [HAVELOCK] [HIM] 2 @ 1.4925 = 2.985 BTC [-]
mircea_popescu: i thought mpex trades are all fake and shit.
Thinker_: why was the most recent ASICMINER dividend so low?
Namworld: Thinker_: ?
ThickAsThieves: it was a bonus
mircea_popescu: meanwhile on twitter "UK's online gambling sector worth £2bn in 2012"
Thinker_: ThickAsThieves: ok good
ThickAsThieves: but the next WILL be low
Thinker_: ThickAsThieves: why?
ThickAsThieves: read about what you bought
assbot: [HAVELOCK] [HIM] 2 @ 1.49 = 2.98 BTC [-]
ThickAsThieves: til now the company has not been paying themselves
ThickAsThieves: this week they start
Namworld: ASICMINER is for 50% of the company. But they pay back IPO price to shares sold.
Thinker_: ThickAsThieves: interesting. Where are you getting this news? I am not getting any announcements like this from BitFunder.com
Namworld: So for the first weeks it was 100%
assbot: [HAVELOCK] [HIM] 1 @ 1.45 BTC [-]
ThickAsThieves: bitfunder is a passthru for AM
ThickAsThieves: not a source
Thinker_: AM?
Thinker_: nm
MJR_: ATH
ThickAsThieves: here you go
ThickAsThieves: https://bitcointalk.org/index.php?topic=99497.0
Thinker_: thank you :)
ThickAsThieves: no probmemo!
ThickAsThieves: problemo
ThickAsThieves: lol
assbot: [HAVELOCK] [SDICE] 2 @ 0.453 = 0.906 BTC [-]
MJR_: ;;goxlag
gribble: 1.215531 seconds
MJR_: its quiet...too quiet
Chaang-Noi: we are waiting for btc to break 1k :)
MJR_: think we are going through 80 today?
bitesak: yes
ThickAsThieves: quite likely
deadweasel: yes
MJR_: me too
ThickAsThieves: once we get to 79.85 or so, those walls will probably fall
MJR_: yeah 300k is not really a big wall nowadays
MJR_: was more interested in psychological barrier of big round number
ThickAsThieves: ;;asks 79.84
gribble: There are currently 330.97408 bitcoins offered at or under 79.84 USD, worth 26409.0538315 USD in total. | Data vintage: 5.6651 seconds
ThickAsThieves: ;;asks 80
gribble: There are currently 3807.7847 bitcoins offered at or under 80.0 USD, worth 304429.083077 USD in total. | Data vintage: 12.9988 seconds
ThickAsThieves: hehe
DeaDTerra: 24 hours left to bid on a pre order for Avalon ASIC Batch 2! https://bitcointalk.org/index.php?topic=158227.msg1679211#msg1679211
ThickAsThieves: hey DT
ThickAsThieves: can you put a link to https://bitcointalk.org/index.php?topic=99497.0 in your asicminer PT descriptions?
DeaDTerra: done
ThickAsThieves: cool cool
Bugpowder: hmmm... did MPOE bots pricing model get tweaked?
ThickAsThieves: seems notably higher
Bugpowder: I wonder if mircea_popescu changed the pricing from 24vwap based to a blend of 24hr and spot
mircea_popescu: what, srsly ?
mircea_popescu: i didn't change anything
Bugpowder: ok
Bugpowder: hmmm
Bugpowder: maybe I was just underestimating the amount of time premium
mircea_popescu: i think it's probably just seeing more volatility
mircea_popescu: as there's been a lot lately
Bugpowder: ah... volatility is explicitly programmed in
mircea_popescu: http://www.businessweek.com/news/2013-03-25/slovenia-s-nascent-cabinet-under-pressure-to-avoid-cyprus-fate
assbot: [HAVELOCK] [VTX] 5 @ 0.7444 = 3.722 BTC [+]
mircea_popescu: is slovenia fucked ?
mircea_popescu: Bugpowder what do you mean ?
Bugpowder: I mean, volatility is in the model, and is a reflection of some relatively short term variance, rather than a long term (1yr) variance or a magic number.
Bugpowder: stated more clearly.
assbot: [HAVELOCK] [VTX] 8 @ 0.7445 = 5.956 BTC [+]
mircea_popescu: it looks at a lot of data. long term, mid term, short term
mircea_popescu: thing is, as high volatility days turn into weeks
Bugpowder: yeah
mircea_popescu: of course it'd change its estimation of the volatility
Bugpowder: i figured it would be multi scale
mircea_popescu: yeah
Bugpowder: looks like we may break thru 80 before 15:00.
mircea_popescu: quite possible
mircea_popescu: and if 80 goes i would guess 100 may happen
kakobrekla: mircea_popescu Jansa is butthurt and posting shit around - we are way better than Italy if that is any consolation
kakobrekla: :p
Bugpowder: we aren't gonna touch 100 this week
Bugpowder: but we might get close
Bugpowder: next week, maybe...
Bugpowder: later dudes.
mircea_popescu: kakobrekla :p
ThickAsThieves: ;;hashrate
gribble: Error: "hashrate" is not a valid command.
ThickAsThieves: ;;nethash
gribble: 52161.604881
interesting: lucif tends to think we will hit $100 this week https://bitcointalk.org/index.php?topic=131065.1000;topicseen
Chaang-Noi: i think we might
Chaang-Noi: ;;asks 100
gribble: There are currently 28670.471 bitcoins offered at or under 100.0 USD, worth 2585939.459 USD in total. | Data vintage: 0.0028 seconds
Chaang-Noi: we have seen market orders of over 1 million recently
Chaang-Noi: lucif however has been wrong way more than right
interesting: incredible.
interesting: yeah definitely not saying we will... just... i think the sentiment is that we will very soon
interesting: certainly within april
interesting: does anyone have any info on the coinlab mtgox merger? any wealth flowing through it yet?
mircea_popescu: interesting actually... they blew their date, failed to release alpha and no further news
mircea_popescu: as far as we know it's dead.
assbot: [MPEX] [S.MPOE] 6450 @ 0.00063865 = 4.1193 BTC [-]
interesting: okay so nothing new then... lol
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.108897 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.108898 = 0.3267 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 21 @ 0.10899 = 2.2888 BTC [+]
mircea_popescu: myea
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.10899 = 0.436 BTC [+]
deadweasel: ;;goxlag
gribble: 2.112843 seconds
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]
Bugpowder: ;;bids 0
gribble: There are currently 36681645 bitcoins demanded at or over 0.0 USD, worth 9119639.08052 USD in total. | Data vintage: 6.2884 seconds
Bugpowder: 9.1M
Bugpowder: noice
Bugpowder: all time high
KRS1: there was talk of a crash a while back but that topic seemed to have fizzled
KRS1: crash but rebound of course, cyclic as markets are
KRS1: maybe crash is a strong word...dip?
Bugpowder: don't fight the tape
Bugpowder: 5000 accounts waiting for verification.
Bugpowder: assume conservatively a mean investment of $2000 per account
Bugpowder: probably way low
Bugpowder: = $10,000,000 of new funds flowing into gox soon.
Bugpowder: Dips will get strongly bought
Bugpowder: until one day they don't
Bugpowder: it will probably take a negative news event to trigger a real crash.
KRS1: figured..as i've noticed you seem to give pretty reasonable information
mircea_popescu: dip yea
mircea_popescu: i don't think 2k is way low tbh
mircea_popescu: i think 100 bux is a saner avg
deadweasel: i would say $500 is reasonable for motivated newbs. but it would be a bell curve of deposits
Bugpowder: mircea_popescu: I'm guessing median is $1000 for joe reddit, but mean could skew significantly higher
mircea_popescu: how does joe reddit have 1k disposable ?!
deadweasel: good question
Bugpowder: life savings!
mircea_popescu: dude srlsy, ask people.
deadweasel: mom is still paying their insurance...
mircea_popescu: if joe reddit meets drop dead gorgeous sexbomb he doesn't move
mircea_popescu: because
mircea_popescu: he doesn't have fiddy bux to dine her.
Bugpowder: Some 17 year old kid keeps buying $1000 in coins off me with cash every week
Bugpowder: I don't know if he is dealing the coins at school or what
mircea_popescu: Bugpowder he's prolly dealing dope.
Bugpowder: I think he is investing too
mircea_popescu: or else he has a wicked shot
Bugpowder: seems to be very excited about the rise in price.
pizzaman1337: Bugpowder: what country are you in?
Bugpowder: USA
deadweasel: where does a 17 yr old get $1k a week?
KRS1: for real
Bugpowder: Probably reselling coins
Bugpowder: or SR
Bugpowder: or both
Bugpowder: reselling coins is probably more profitable and much less risk
Bugpowder: 25% markup... $250 / wk
Bugpowder: plus the coins appreciate between the time I sell to him and he sells.
MJR_: nice boiler room reference, did you like it?
assbot: [MPEX] [S.MPOE] 1250 @ 0.00063515 = 0.7939 BTC [-]
deadweasel: Bugpowder: I can see that. At the increase in price, it would be profitable for the last couple of months.
deadweasel: slinging BTC.. kids these days!
KRS1: haha deadweasel
KRS1: off yo corner not mines
deadweasel: i'd rather just hold. you can sling BTC on my corner KRS1
deadweasel: just no crack/smack
deadweasel: brings values down
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 78.62001, Best ask: 78.70000, Bid-ask spread: 0.07999, Last trade: 78.70000, 24 hour volume: 76425.55033919, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 75.99540
Chaang-Noi: about the bad news and the crash, im shocked the fork did not do any damage but stall the bulls for a few days, insane... we would need massive bad news to do anything
Chaang-Noi: also dont you need a min of 1000 to ahve to get your account aproved?
Chaang-Noi: on gox
kakobrekla: you mean verified?
kakobrekla: no
Chaang-Noi: they do it to everyone now?
kakobrekla: it was like so since ever
Chaang-Noi: ?
Chaang-Noi: really? i have or had an anon account on gox
deadweasel: Chaang-Noi: I was exceedingly surprised by the fork not causing a lengthy crash
KRS1: crack is cheaper than whole units of BTC these days
Chaang-Noi: deadweasel yeah, that is when i knew we were going to double
Chaang-Noi: my trading bot account was never veriffied
Chaang-Noi: on gox
Chaang-Noi: iv not used it in a year so things might have changed, i dont know
assbot: [BTCTC] [COGNITIVE] 7 @ 0.1429 = 1.0003 BTC [-]
Chaang-Noi: also every site i use to get the btc price is down for me...
deadweasel: Chaang-Noi: gox would just lag when you really needed it anyhow, better that you don't use it
MJR_: bitcoinity is good
Chaang-Noi: iv not used gox since they froce my account
Chaang-Noi: froze
deadweasel: still have money/btc frozen there?
Chaang-Noi: the one that i had verrified
Chaang-Noi: the only coin i have left in gox is my 700 btc from bitcoinica they wont let go
ThickAsThieves: thats a lot
unbalanced__: Why not?
MJR_: will they ever release it
mircea_popescu: MJR_ not bad.
Chaang-Noi: gox is being silent right now about it, but before too long they will get sued
mircea_popescu: could have done without all the bs libertardism, but anyway
Chaang-Noi: i think they are waiting for the case to end in cali first
Chaang-Noi: MJR_ i think its my fail internetz :?
unbalanced__: Does any site show multi-exchange VWAP?
mircea_popescu: yeah
unbalanced__: If community starts to watch that, maybe people would feel freer to trade more off-Gox
mircea_popescu: community always watched that
unbalanced__: Is the ticker here pure gox tho?
mircea_popescu: ;;bc,24hprc
gribble: Error: I tried to send you an empty message.
mircea_popescu: um
deadweasel: ;;bc,24hprc
gribble: Error: I tried to send you an empty message.
mircea_popescu: what da ?!
deadweasel: lol, gribble is out of order
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 79.09000, Best ask: 79.09899, Bid-ask spread: 0.00899, Last trade: 79.09899, 24 hour volume: 76184.89958681, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.01784
mircea_popescu: bitcoincharts is 502
deadweasel: so it is...
Bugpowder: http://bitcoincharts.com/markets/currencies/
Bugpowder: that is multi exchange vwap
Bugpowder: mircea_popescu: the mpoe bot seems to not have offers up much more of the time now than a few weeks ago. Is this DDOS related, funding related, other?
unbalanced__: thx Bugpowder
kakobrekla: btce price is 73
kakobrekla: bitstamp price 82
kakobrekla: facepalm
unbalanced__: Too hard to get USD out of BTCe?
KRS1: couldnt one transfer their btc between markets for big profits
MJR_: wait what?
Bugpowder: this is typical
MJR_: KRS1: but what to do with the cash
Bugpowder: btce is always low
Bugpowder: bitstamp is always high
MJR_: that is true
KRS1: the cash out would give lower btc overall wouldnt it
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10898 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
Bugpowder: we are nearing the 15:00 hour
Bugpowder: prepare for the 80 wall to fall.
Bugpowder: (hoping)
MJR_: me too Bugpowder
Chaang-Noi: kako to get money into btc-e you need to be tight with the russian maffia
MJR_: the main issue is funding options and time
Chaang-Noi: also bitstamp is the easiest way to get in money fastest
Chaang-Noi: this is very bullish
Chaang-Noi: and its also keeping ltc prices down, people buyiong chewap btc
unbalanced__: virtex now at 82.50/84.20 (CAD)... Canada in the lead
unbalanced__: BTC on Virtex that is. Not VTX in BTC.
MJR_: whats bitfloor got
MJR_: they are the easiest in my opinion
MJR_: 79.87
unbalanced__: Slight wall issue from here on Virtex tho: http://bitcoincharts.com/markets/virtexCAD.html
MJR_: yeah
MJR_: still quite a nice wall going on mt gox
MJR_: half a mill before 80
Chaang-Noi: ;;asks 80
gribble: There are currently 5417.4674 bitcoins offered at or under 80.0 USD, worth 431701.695968 USD in total. | Data vintage: 30.3969 seconds
Chaang-Noi: wall is growing
MJR_: exaggerated...its like 430k
mircea_popescu: Bugpowder its probably observer related.
savetheintermac: hello
mircea_popescu: https://twitter.com/BitBetsBets/status/316564306453999617
mircea_popescu: check that out, big money on ltc
mircea_popescu: Bugpowder actually, seems btchcarts has issues with the feed.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01401 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01451 BTC [+]
Bugpowder: that 12000 BTC wall bastard is back
Bugpowder: where my bidders back
assbot: [HAVELOCK] [SDICE] 4 @ 0.4600001 = 1.84 BTC [+]
assbot: [HAVELOCK] [SDICE] 26 @ 0.46 = 11.96 BTC [-]
Chaang-Noi: crash:)
thestrin1puller: ;;ticker
gribble: BTCUSD ticker | Best bid: 75.34000, Best ask: 77.00000, Bid-ask spread: 1.66000, Last trade: 75.34000, 24 hour volume: 67052.57610028, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.21349
thestrin1puller: ;;asks 80.0
gribble: There are currently 18683.032 bitcoins offered at or under 80.0 USD, worth 1474040.53264 USD in total. | Data vintage: 19.2638 seconds
thestrin1puller: lol 12000 btc ask wall
Chaang-Noi: its fake
thestrin1puller: the bears vs the bulls
smickles: 10:24 <+gribble> New rating | Supa > -10 > smickles | None
smickles: lol
MJR_: fucking four minutes lag
kakobrekla: congrats
MJR_: ;;goxlag
gribble: 334.762829 seconds
MJR_: bullshit
smickles: we had another run at 80 eh?
ZedsterX:      Chaang-Noi: what do you mean it's fake? total newb here
assbot: [HAVELOCK] [HIM] 2 @ 1.75 = 3.5 BTC [+]
Bugpowder: there is no such thing as a fake wall
Bugpowder: how many times do we have to go over this
Bugpowder: It is a wall designed to push prices down thouh
deadweasel: the wall is real, the intention just isn't what you think ZedsterX
Bugpowder: earlier today when it was put up, it was at 80.0001
Bugpowder: If he really wanted to sell, he would try to undercut the asks at 80, instead posting just above it
Bugpowder: Just someone trying to mainpulate the market, perhaps doing some day trading, scooping up at 75.5 on the dip, then reselling higher when he removes the wall
Bugpowder: the risk for him is that someone might just have the capital to buy the whole thing in one shot.
Bugpowder: not that selling 12000 BTC at 77.5 would be considered a bad outcome for most people :-P
Bugpowder: HEY! XRP is now listed on http://bitcoincharts.com/markets/currencies/
Bugpowder: looks like the value is really tanking
ZedsterX: thanks for the clarification....i am just now reading day Trading for Dummies so I am currently a Dummies but learning
Bugpowder: 30dvwap is 48000 for xrp, but 1day is 71000
MJR_: yeah, the fact he is manipulating i think means the price is being held lower
Bugpowder: ZedsterX: of course we don't really know what is in the mind of that trader, but that's what it appears to be.
MJR_: buy buy buy
ZedsterX: i get it Bug thanks
Bugpowder: This is typically a very active time of day though, that wall is really temping someone I bet...
ZedsterX: ok that confuses me
ZedsterX: but i am reading as we speak
ZedsterX: no need to elaborate just yet....lemme learn a bit more
MJR_: i bet he cancels once someone really starts to eat into it
MJR_: let loose the dogs of war
ZedsterX: MUHUhahah
ZedsterX: :)
Bugpowder: yah, but you can't cancel it in time if someone eats it all in one go.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1088 BTC [-]
Bugpowder: time for lunch.... hopefully we will be >80 when I get back.
unbalanced__: Okay with The Wall and The Dogs Of War, time to turn on the Pink Floyd
Bugpowder: ;;bids 0
gribble: There are currently 36671413 bitcoins demanded at or over 0.0 USD, worth 9038379.57806 USD in total. | Data vintage: 0.0189 seconds
mircea_popescu: why "manipulating" ?
mircea_popescu: why can't it just be some dude who wants to sell at that price.
jborkl: mp, can you process my deposit. thanks
Diablo-D3: mircea_popescu: because people love a story
mircea_popescu: jborkl done Diablo-D3 heh i guess so
jborkl: Thank mp
Chaang-Noi: http://www.reddit.com/r/SilkRoad/comments/1b1lvy/warning_the_silk_road_revealed_its_public_ip_last/
Diablo-D3: OH SHIT
Diablo-D3: SERIOUSLY?
mircea_popescu: aaahahahaah
Diablo-D3: PWNED
Chaang-Noi: well, if that get shut down not exactly good for btc
mircea_popescu: so this means in fact sr is either a honeypot or else has been under law enforcement scrutiny for months
mircea_popescu: because don't tell me they didn't know.
Diablo-D3: dude
Diablo-D3: Ive been saying its a honeypot since the day 1
mircea_popescu: Once the server is seized, it can either be taken offline and analyzed for evidence right then and there, or left online and modified to better accrue evidence. In the case of SR, leaving the server online and modifying the purchase mechanism to not encrypt addresses on the server would be the obvious choice. Law enforcement would immediately have access to all addresses, private messages, etc.
mircea_popescu: ^^
Doffx: Lot of assumptions there.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
Chaang-Noi: the public ip could be a fake ip
MJR_: yes
Doffx: It assumes law enforcement also noticed this.
MJR_: or they could just be in a jurisdiction that gives two shits
Chaang-Noi: i hope to god it is in n korea
MJR_: think new zealand could be good enough
MJR_: mircea_popescu: not exactly "manipulating" but anyone who puts an order that large out there is probably not trying to just sell or buy, they would layer it and break it up so that it wasn't obviuos
mircea_popescu: so this takes out sr.
mircea_popescu: mpex is LITERALLY the one left.
mircea_popescu: dun dun dun
deadweasel: um, change IPs?
MJR_: or iSP
pizzaman1337: bit4x hasn't been hacked
mircea_popescu: MJR_ why shouldn't it be obvious ?
assbot: [BTCTC] [S.MPOE-PT] 269 @ 0.000711 = 0.1913 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 131 @ 0.000711 = 0.0931 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 60 @ 0.000712 = 0.0427 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 680 @ 0.000713 = 0.4848 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1820 @ 0.000713 = 1.2977 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.10899 = 0.9809 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.144 BTC [+]
smickles: < mircea_popescu> so this means in fact sr is either a honeypot or else has been under law enforcement scrutiny for months <<< probably since that initial address change
jcpham: never even visited it
smickles: i did a few times, but there wasn't ever anything worth buying
smickles: porn an laserpointers
Chaang-Noi: wall gone right?
smickles: the 80.01 one?
Chaang-Noi: no the 12000 at 77.5
Chaang-Noi: taken down or eaten?
Chaang-Noi: i guess taken down, hmm
saulimus: I'd say taken down as well
Chaang-Noi: if only i had a million on gox :)
smickles: there wasn't that much volume recently, so taken down
Chaang-Noi: and backto 78
Chaang-Noi: yeah vol is how i checked too
smickles: o.btc
smickles: $vwap oix
mpexbot: smickles: ^OIX 1 day: no data 7 day: average: 71.99677481 high: 78.31645607 low: 48.45538965 volume: 50180 btc: 4750.25972448 30 day: no data
Chaang-Noi: 78.5
Diablo-D3: !ticker
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?
Diablo-D3: ;;ticker
gribble: BTCUSD ticker | Best bid: 78.00000, Best ask: 78.40000, Bid-ask spread: 0.40000, Last trade: 78.00000, 24 hour volume: 68609.09897307, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.15356
Diablo-D3: OH COME ON
Diablo-D3: GO TO INFINITY ALREADY
Diablo-D3: </#bitcoin>
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [+]
Chaang-Noi: 79
assbot: [BTCTC] [S.DICE-PT] 14 @ 0.00499 = 0.0699 BTC [+]
Chaang-Noi: i see one share trade and im like wtf... then i remember that share is $50
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1304 BTC [-]
KRS1: diablo are you expecting it to go up or something
KRS1: this is looking plateau-ish, isnt it?
KRS1: just curious, im no expert or anything
mircea_popescu: <smickles> i did a few times, but there wasn't ever anything worth buying <<< i kept saying it's irrelevant but NO!!! DRUGS!!! SR BIGGER THAN MPEx!!!1
Diablo-D3: KRS1: Im expecting it to go up, actually
KRS1: that would be nice...im trying to buy more, but on a dip at some point
smickles: mircea_popescu: remember when sr was down for 2 weeks, and it had no impact on bitcoin?
mircea_popescu: yes.
mircea_popescu: one of the reasons i was saying that.
MJR_: quick question, and don't laugh
MJR_: does coinbase have trouble when you SELL bitcoins on their site?
MJR_: or is it pretty much only on the buy side
deadweasel: smickles: was that when they got sql attacked or wahtever?
deadweasel: I used to think SR impact was large, I'd like to go look at the data for that period.
smickles: deadweasel: I don't think so. I believe they were idiopathicly offline
deadweasel: remember when it was?
smickles: and you probably used the think it was large because the media and all the people who didn't thake the time to research the topic kept saying it was 3/4 of the bitcoin economy
smickles: It was in november iirc
mircea_popescu: all the media = reditards
mircea_popescu: what media.
smickles: mircea_popescu's blog has an article written at the time, which documents the date
deadweasel: smickles: i think that's why I thought so too. i have some reditard in me, that much is obvious.
mircea_popescu: lol
smickles: mircea_popescu: what media? news publications and blogs
mircea_popescu: yeah yeah
mircea_popescu: deformedia.
deadweasel: I would like to find out how many SR users become bitcoin adopters. or if most of them just OD.
smickles: the news people were especially on about the relative size of sr when that senator was bitching about bitcoin
deadweasel: but i'll never know
smickles: well, i don't think too many drug users od...
mircea_popescu: lethal ods are really about as frequent as septicemia
KRS1: od figures are very low considering the number of users..dont ask me how i know guess i came across stats on that one day
smickles: especially since most drug users are either smokers or drinkers. but if we set that aside, most drug users are probably using pot, which takes thousands of pounds to od in
smickles: s/in/on/
deadweasel: ok, the more important part is how many of the SR users turn to BTC as a whole, whether it be speculation, assets, whatever.
MJR_: ;;goxlag
gribble: 0 seconds
deadweasel: or do you think most pick up some BTC, get their stash, and do it again in a few weeks.... never realizing the power of BTC
mircea_popescu: deadweasel i don't think many really.
smickles: I'd bet it's a foot in the door. they may not start using BTC regularly right away, but it's psycologically addictive
deadweasel: don't i know it!
deadweasel: :D
smickles: like all the peeps who heard about bitcoin on 'Security Now' and ran a client for fun
assbot: [BTCTC] [S.DICE-PT] 11 @ 0.00499 = 0.0549 BTC [+]
smickles: then some months later btc was up to 30, and they took interest
assbot: [MPEX] [S.MPOE] 800 @ 0.0006361 = 0.5089 BTC [+]
assbot: [MPEX] [S.MPOE] 2850 @ 0.00064816 = 1.8473 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.465 BTC [+]
smickles: ;;calc 31/(1-.6633)
gribble: 92.0700920701
smickles: nice
smickles: ;;calc 1/(1-.09251)
gribble: 1.10194051725
smickles: ;;calc 75/(1-.09251)
gribble: 82.6455387938
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07264594 BTC [+]
assbot: [MPEX] [O.BTCUSD.C730T] 1 @ 0.08527257 BTC [+]
assbot: [MPEX] [S.DICE] 800 @ 0.00425029 = 3.4002 BTC [-]
smickles: ;;calc 75/(1-.07264)
gribble: 80.8747412008
assbot: [HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.73925 = 2.2178 BTC [-]
Bugpowder: "MPEx just sponsored hosting for bitcoinity. Definitely check it out!"
Bugpowder: noice
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.10899 = 0.218 BTC [+]
smickles: really? Bugpowder: was that one of those popup messages?
smickles: ooooh, mircea_popescu you sly dog
smickles: lol, link to dark themed mpex
MJR_: nice
Bugpowder: yeah, it popped up on bitcoinity
Bugpowder: bring back the coffee theme!
jurov: lol seems coinbr.live needs dark skin too nao
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10898 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
mircea_popescu: haha i see ppl use bitcoinity
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.004587 = 0.0459 BTC [+]
assbot: [BTCTC] [GSDPT] 10 @ 0.00459 = 0.0459 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00459 BTC [+]
mircea_popescu: actually i would say jurov;s truck looks even better in dark faq
smickles: http://courtroom-joke.pen.io/
jurov: lol
KRS1: heh
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74999 BTC [+]
thestrin1puller: good news everyone
thestrin1puller: we are all gonna get laid!!!!
thestrin1puller: thanks to popesci
thestrin1puller: popescu*
deadweasel: um, i'm already getting laid
deadweasel: but thanks!
cylta: thestrin1puller: why?
deadweasel: also, if you get romanian nymphos, use protection :)
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 78.01004, Best ask: 78.50001, Bid-ask spread: 0.48997, Last trade: 78.50001, 24 hour volume: 59775.07560411, 24 hour low: 72.60000, 24 hour high: 79.72001, 24 hour vwap: 76.48701
mircea_popescu: wait. wut ?
mircea_popescu: ;;eauth mircea_popescu
gribble: Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452
mircea_popescu: ;;everify freenode:#bitcoin-otc:5d85a0d3d71fae1ea046dbcce6669c5252d0c741731614e7736ad361
gribble: You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu: ;;rate comboy 1 He's the Bitcoinity guy.
gribble: Rating entry successful. Your rating of 1 for user comboy has been recorded.
cylta: mircea_popescu: do you still sell accounts for 30 btc? =)
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
mircea_popescu: cylta yeah, reg fee is 30 btc.
mircea_popescu: happily the exchange rate is doing the work for me so i don't have to raise it.
cylta: it's 2.3k $
mircea_popescu: kinda cheap huh.
KRS1: I'm a noob at this stuff, even after working with and mining BTC for almost 2 yrs now, can someone answer a question about OTC for me?
mircea_popescu: yes KRS1. also, don't ask to ask. jsut ask.
cylta: KRS1: sure, just ask it
Bugpowder: askwall at 75 now
Bugpowder: ;;asks 75
cylta: mircea_popescu: what is the total value of all asstes on mpex?
gribble: There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in total. | Data vintage: 0.0014 seconds
mircea_popescu: cylta like 1.3mn btc.
cylta: Bugpowder: mtgox x5 7.3039 @ 78.92499262 USD
KRS1: ok sorry bout that..so I 4000 btc for sale at 77.756 each on otc..I can buy from this guy at a discount (compared to current M.P.)?
KRS1: why would he want to sell at that price?
cylta: KRS1: he will not able to sell all amount because of low liquidity on market
Bugpowder: ;;bids 75
gribble: There are currently 8953.862 bitcoins demanded at or over 75.0 USD, worth 678866.343559 USD in total. | Data vintage: 58.5529 seconds
Bugpowder: cylta: feel free to use my fingerprint for a 5BTC discount on the signup fee :)
cylta: KRS1: so, it's profitable for him to sell just a bit below, because it will be more than he will get if he will sell at market price... market price is limited to 10 btc aprx.
assbot: [HAVELOCK] [SDICE] 3 @ 0.46 = 1.38 BTC [-]
KRS1: oh i see..buys are a bit low in demand so he's trying to discount them to get rid of em at a good price without bringing market price down
cylta: Bugpowder: hehe =) I don't think that I will ever be so self confident, that I will able to make more than 2.3k$ on trading.
cylta: KRS1: right
KRS1: thanks!
cylta: KRS1: but buying such amount now... it's very risky.
jborkl: you won a seat on the MPEX echange , which has inherent value
KRS1: funny biz ya'll are in.
jborkl: own
jborkl: not won
assbot: [HAVELOCK] [SDICE] 5 @ 0.4531 = 2.2655 BTC [-]
KRS1: love what you are doing here mp
mircea_popescu: ;)
cylta: jborkl: as I know, you can't sell it
jborkl: why not
Bugpowder_: sell your private key
cylta: jborkl: I mean whole account, so it does not cost it any more
jborkl: yes you could
assbot: [MPEX] [S.DICE] 1000 @ 0.00449999 = 4.5 BTC [+]
jborkl: mp goes by key , not by name
Bugpowder_: I must say, buying a seat on MPEX was the second best decision I made in bitcoinlyfe
cylta: Bugpowder_: did you earn enough to pay back for it price?
mircea_popescu: ahaha
mircea_popescu: time for the ponzigraph ?
Bugpowder_: I am up about 200BTC today alone
jborkl: He owns a seat on the exchange, which has appreciated in value
assbot: [HAVELOCK] [SDICE] 1 @ 0.453 BTC [-]
Bugpowder_: so yes
cylta: Bugpowder_: what are you doing? just buying low selling high?
Bugpowder_: options
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.49000, Best ask: 77.80434, Bid-ask spread: 0.31434, Last trade: 77.80434, 24 hour volume: 60634.32567194, 24 hour low: 72.60000, 24 hour high: 79.72001, 24 hour vwap: 76.51197
Bugpowder_: I also have traded all the securities
cylta: Bugpowder_: selling or buying?
Bugpowder_: I have done it all
Bugpowder_: futures, diff futures, the CDO offering, the S.BBET IPO
cylta: Bugpowder_: okay, does it mean that other people at mpex loose 200btc?
Bugpowder_: Not necessarily. If the value of a security goes up, then everyone wins
Bugpowder_: for options, those are zero sum
assbot: [MPEX] [S.DICE] 1000 @ 0.00449999 = 4.5 BTC [+]
Bugpowder_: the MPOE bond holders pay
Bugpowder_: but MPOE has averaged 12% return on equity per month
Bugpowder_: since inception
cylta: Bugpowder_: okay. probably i'm just too stupid to understand all this things...
KRS1: same..
Bugpowder_: All in, the MPEX account fee is probably <1% of total personal profits so far.
smickles: drat. my daughter found out how to have the printer give a test page
KRS1: I bet its safe to say bugpowder has lost a coin or two as he was learning..
Bugpowder_: I've lost hundreds in a few hours
smickles: i suspect Bugpowder_ is ahead overall
Bugpowder_: buying puts on a dip
KRS1: which is easy with options?
jurov: cylta, there's also coinbr.com, almost as good as having mpex acct directly
Bugpowder_: But in the S.BBET IPO, I flipped about 200BTC into 400BTC in about 20 minutes.
smickles: i'll vouch for coinbr, it's a good service
mircea_popescu: that ipo was wild.
KRS1: wow..
Bugpowder_: cylta, if you have <500BTC to invest, I'd stick to coiner.
Bugpowder_: coinbr
cylta: jurov: thanks, I already was there but they offering limited usability afaik
smickles: coiner, lol. that sounds like a bad word
jurov: yea but wwe can do anything that doesn't have the interface there manually on request
smickles: mircea_popescu, you're just one of those *coiners*. go back in your hole
KRS1: bugpowder- thanks sounds like sound advic
jurov: cylta, or is the prob somewhere else?
assbot: [HAVELOCK] [VTX] 7 @ 0.73924998 = 5.1747 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.453 BTC [-]
taub: what does an exchange seat do Bugpowder_
taub: and how much is it
Bugpowder_: you can trade directly on MPEx
Bugpowder_: It's 30BTC.
Bugpowder_: or 25BTC with referral
Bugpowder_: otherwise, use coinbr
Bugpowder_: I should get paid for this PR job I'm doing here.
taub: :)
jurov: Bugpowder_: you can. just get a coinbr affiliate link :)
Bugpowder_: ah!
taub: option depth is really non existant
Bugpowder_: wait a minute
Bugpowder_: bot is updating
Bugpowder_: depth is basically unlimited
Bugpowder_: if you are willing to pay the premium
taub: prolly should read that book on options
taub: but sounds interesting
smickles: what is with mpoebot recently, i've been noticing more time when it's not offering
taub: mpex really could use a facelift
taub: doesnt really work on prmoting itself either!
smickles: taub: consider that that website is not mpex
jurov: taub, have you seen dark version? http://mpex.co/?r=1
jurov: that's as much facelift as we'll ever get
taub: black as my soul :)
smickles: mpex is the exchange, it's not like the nyse tradefloor has a web portal
taub: haha ok
jborkl: MPEX could not be easier to use, once you learn how to use it
jurov: but i guess, if someone creates nifty css for it, i can serve it on mpex.coinbr.com
Bugpowder_: I liked the coffee theme with the rounded edges.
Bugpowder_: taub, mpoe bot has been flaky the last few days
Bugpowder_: not sure why
Bugpowder_: if you wait around for 15 minutes, bid and asks will probably show up
Bugpowder_: 1000 contracts at each strike
jurov: overloaded by the volatility, its model converges slowly?
Bugpowder_: maybe? frankly I'm surprised its not out of captial
Bugpowder_: 400,000 contracts
Bugpowder_: traded
Bugpowder_: probably strong skew to long BTC
jurov: or the slave girls can't keep up :)
smickles: well, it's capital is mpbor + mircea's wallet
Bugpowder_: is it still?
Bugpowder_: I thought its just mpbor now
smickles: yeah, he's 'lender of last resort'
Bugpowder_: still?
smickles: i didn't think it changed
jurov: it didn't happen so often recently, but he's still there
Bugpowder_: maybe he needs to add funds
smickles: well buy my offerings if mpoebot isn't there
jurov: anyway seems it arrived
Bugpowder_: taub Bot is back, check now
smickles: got my new laptop-bought-with-bitcoins
smickles: named it "Lappy9001"
Bugpowder_: congrats! from where?
Bugpowder_: I'm still waiting on a shipment for over 2 weeks from bitcoinstore.com
smickles: Bugpowder_: bitcoinstore
Bugpowder_: I think something got fucked up
smickles: was it on backorder?
assbot: [MPEX] [O.BTCUSD.C310T] 2 @ 0.60574691 = 1.2115 BTC [+]
jurov: ^ selling a bit of my stash every day
smickles: ;;calc 31/(1-.6057)
gribble: 78.6203398428
Bugpowder_: It was in stock
taub: whose bot is it that puts up the options? :D
taub: mpoe bot
smickles: mpoebot and soebot
smickles: soebot is much smaller than mpoebot
deadweasel: Bugpowder_: you got that affiliate link/ invitation code for CoinBr?
deadweasel: I want to check it out, and I want you to get paid for all your PR.
jurov: heh. no other user around?
Bugpowder_: heyyyy
Bugpowder_: let me make an account first :)
Bugpowder_: 5 minutes...
kakobrekla: O_o
smickles: i think we see fail soon
jurov: ... and fund it. no refcode access without funding :D
Bugpowder_: yah sure
kakobrekla: and paying monthly fee
kakobrekla: ?
jurov: or maybe i can give you special evangelist account?
deadweasel: give him special account
deadweasel: special account that charges more fees :)
deadweasel: jurov, how many users you have on coinbr nowadays?
jurov: but can't he earn more than 1BTC/year, srsly?
Bugpowder_: heh
deadweasel: i probably can't, Bugpowder_ can.
taub: what does the T and N mean at the end of the option names?
Bugpowder_: depends on my pr skillz
Bugpowder_: THIS month NEXT month
jurov: T expire this month , N next
taub: ok, but you can exercise them anytime right
Bugpowder_: yes
Bugpowder_: at 24hprc
jurov: yes. just usually its' better to sell to mpoebot than exercise
taub: k
Bugpowder_: I think always better to sell to bot
taub: yea 24h price seems to make it hard to use for short term speculation
Bugpowder_: but sometimes bot is down
kakobrekla: how come bot is taking the hit
jurov: http://bitbet.us/bet/39/network-difficulty-under-6-million/ paid ... and i made over 6btc \o/
kakobrekla: i should use that site more
deadweasel: !!!! awesome
jurov: smickles what? u wanna beer?
smickles: I'll take a beer :D
benkay: manhattan por moi
Bugpowder__: Stone IPA plz
smickles: ;;gpg info smickles
deadweasel: mcallens 12 pls
gribble: User 'smickles', with keyid EA62D7CEB2450C3F, fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6, registered on Mon Jun 20 12:24:35 2011. http://bitcoin-otc.com/viewgpg.php?nick=smickles . Currently not authenticated.
Bugpowder__: Anyone interested in a Vegas meetup at some point?
smickles: I am if I can get away for a weekend
smickles: vegas is 8hrs away in a car
Bugpowder__: I was thinking of getting a suite at the Aria with some friends that I got into bitcoin
jurov: anyone else wants a beer?
Bugpowder__: after cashing out a bit.
deadweasel: i'm also 3000 miles away
Bugpowder__: send beer here : 15P1P2XXtB3ANXzKM9a3WsAYwWBQMQS8S8
smickles: sweet, thanks jurov :D
deadweasel: send single malt here: 1GdtkZzhZTzBssUq6bnE27cz4rv5SJ4sr5
deadweasel: :D
benkay: makers here: 1PKN13yoE1djfh7c4frx5kjiUhTRABkCxZ
deadweasel: Bugpowder__: got that evangelist account link yet?
taub: 1CbcoatRNRj3tGY9G6nXqf143o8Vzd4rmA cheers
jurov: he did not ask. but got a beer instead
Bugpowder__: I'm getting drunk off this 6pack
Bugpowder__: tonight
jurov: cheers! round closed.
Bugpowder__: I sent funds... waiting for it
deadweasel: Bugpowder__: np, thanks! just msg me when you get it, i'l use it when I get home.
deadweasel: jurov, thanks!
taub: ty
jurov: basically the bet was a hedge to back iDiff-O offering
jurov: but things went lucky so that diff law low when iDiff expired and jumped up before the bet resolved
jurov: so, free money :)
Bugpowder__: heheh
jurov: btw, your depiosit was credited
assbot: [HAVELOCK] [VTX] 1 @ 0.7381 BTC [-]
kakobrekla: was it credited with the beer money? :)
Bugpowder__: jurov: how do I find the referral code
deadweasel: I love your BETA mermaid!
jurov: click on Profile
Bugpowder__: kewl, you can order anything on coiner!
kakobrekla: i had a beta fish
kakobrekla: never turned humanish
jurov: mp should prolly replace NAT.ROUTERS with S.BEER
Bugpowder__: deadweasel: Invite code is t1vLT2E7SK
Bugpowder__: anyone else feel free to use it!
Bugpowder__: so I can get rich
Bugpowder__: off the labors of others.
jurov: u filthy rentier
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]
Bugpowder__: Noice.... 2 factor auth
Bugpowder__: via google or wallet
Bugpowder__: 5 starts
Bugpowder__: stars
deadweasel: Bugpowder__: thanks!
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [-]
jurov: deadweasel, the plan is for mermaid to stay: http://bitcoin-assets.com/static/coinbr-248x50.png
deadweasel: jurov: just funded my account. nice I like the logo!
MJR_: i like the mermaid
jurov: but it's also warning, don't heed the calls of the sirens :)
MJR_: yes
deadweasel: strap me to the mast with rope, plug your ears with seaweed, and ROW ON!
MJR_: i had all my friends stuff wax in their ears, but i just tied myself to the mast
deadweasel: wax
MJR_: you beat me
MJR_: high five for odyssey references
deadweasel: o/
assbot: [MPEX] [S.MPOE] 7431 @ 0.00063815 = 4.7421 BTC [-]
deadweasel: To all passthrough operators: Have your largest gains come from IPO offerings?
assbot: [MPEX] [S.MPOE] 6419 @ 0.00063815 = 4.0963 BTC [-]
assbot: [MPEX] [S.MPOE] 15184 @ 0.00064816 = 9.8417 BTC [+]
mircea_popescu: <jborkl> MPEX could not be easier to use, once you learn how to use it <<< this.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10895 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009989 BTC [-]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07287477 BTC [+]
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07282198 BTC [-]
deadweasel: dub... i just know how to enjoy it, not spell it.
assbot: [BTCTC] [ASICMINER-PT] 27 @ 0.74001 = 19.9803 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]
Bugpowder__: nobody taking me up on the asicminer offer
Bugpowder__: i wonder why?
deadweasel: what's your offer?
deadweasel: also isn't AM rather over-valued now that they are paying themselves?
Bugpowder__: loan me your shares
Bugpowder__: I pay you 1.05x dividends
deadweasel: oh, my bad. ain't got none.
Bugpowder__: and give the shares back
Bugpowder__: in a month or two
deadweasel: but I did use your affiliate link.
Bugpowder__: tx
dub: deadweasel: yeah pretty good stuff, I've got one of the oaked expression s
deadweasel: is that the 10 year fine oak?
jcpham: what is the asicminer offer
deadweasel: i had that last, good stuff. but then I had the 12, and remembered why it's more.
Bugpowder__: "WARNING: This OP's account was well known and active on the Something Awful forums, in the anti-bitcoin threads in both GBS and YOSPOS (the username was changed recently). Everything /u/PaidGovernmentShill is saying should be treated with extreme skepticism until ample proof is given."
Bugpowder__: maybe SR is not exposed.
deadweasel: jcpham: offer to lend Bugpowder__ your AM shares, he pays you 1.05x divs
dub: deadweasel: not sure
deadweasel: they grey box?
deadweasel: s/they/the
mircea_popescu: lmao
mircea_popescu: don't tell me somethingbawful is stupid enough to imagine
mircea_popescu: "they shall crash bitcoin and save the day"
mircea_popescu: by means of reddit posting
assbot: [MPEX] [O.BTCUSD.P750T] 8 @ 0.05118997 = 0.4095 BTC [-]
deadweasel: time to leave work. adios y'all! keep makin' money!
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07284474 BTC [+]
dub: deadweasel: I think this one http://www.thewhiskyexchange.com/P-11812.aspx
assbot: [MPEX] [O.BTCUSD.P750T] 7 @ 0.05055601 = 0.3539 BTC [-]
smickles: ;;calc 75/1.05055
gribble: 71.3911760506
assbot: [MPEX] [O.BTCUSD.C750T] 1 @ 0.07324674 BTC [+]
assbot: [MPEX] [O.BTCUSD.P750T] 7 @ 0.05005851 = 0.3504 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.744 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.743 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.742 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73801 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.738 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7191 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.695 = 1.39 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.6502 = 13.004 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6501 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.6501 = 1.9503 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.61002 = 1.8301 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 19 @ 0.6 = 11.4 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.59998 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.7056 = 1.4112 BTC [-]
assbot: [HAVELOCK] [VTX] 3 @ 0.7 = 2.1 BTC [-]
Bugpowder__: WELL THEN
Bugpowder__: so much for borrowing asicminer and selling for .85
dub: yo, anyone want to borrow some asicminer?
KRS1: bugpowder: do you have a link to your asicminer offer?
dub: ;;bc,nethash
gribble: 51891.838511036272
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.69999 BTC [+]
Bugpowder__: https://bitcointalk.org/index.php?topic=158780.msg1677534#msg1677534
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]
KRS1: borrow some asicminer?
toffoo: Bugpowder__: I've been thinking about replying to your offer
Bugpowder__: I'm thinking about cancelling it
Bugpowder__: act fast!
Bugpowder__: :)
toffoo: i guess there's still some bids on bitfunder,
toffoo: but with all the manual movements, pt creatations, etc. you probably won't be able to do anything too fast
KRS1: i don't know enough about this, im still trying to structure my investment
Bugpowder__: I'd rather just deal with existing PT funds
Bugpowder__: than ASICMINER itself
toffoo: right, i'd have to create them, i got the real things
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.39000, Best ask: 77.44000, Bid-ask spread: 0.05000, Last trade: 77.39000, 24 hour volume: 58618.02997539, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.81664
ThickAsThieves: I leave you guys for a few hours and you can't even get the price to 80? cmon
Bugpowder__: yah I'll do bitfunder still
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 228159 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 1664 blocks | Next Difficulty In About: 1 week, 3 days, 8 hours, 2 minutes, and 58 seconds | Next Difficulty Estimate: 6975914.74409 | Estimated Percent Change: 4.18303
dub: buttfunder is even harder than btct
assbot: [MPEX] [S.MPOE] 1000 @ 0.00063516 = 0.6352 BTC [-]
assbot: [MPEX] [S.MPOE] 7200 @ 0.00062873 = 4.5269 BTC [-]
mircea_popescu: Bugpowder__ late :D
dub: you need a weex account, tickle ukyo's balls, expose yourself to serial scamee DT
Bugpowder__: blah
Bugpowder__: hmmm they have puts on the price though
Bugpowder__: heheh
Bugpowder__: maybe I'll just do that
Bugpowder__: nah
Bugpowder__: not enough liquidity to make it worth it
Ukto: dub: how is bitfunder hard?
Ukto: and wha serial scams are you refering to ?
ThickAsThieves: jokes
dub: don't you need an acct on weex to use bf?
Ukto: correct. what about that is "hard"? unless clicking some buttons is "difficult"
dub: well its an extra account to have for no appreciable reason
Ukto: there are many reasons
Ukto: ranging from security and so on
dub: lol
mircea_popescu: Ukto what's your take on the entire fincen thing btw ?
mircea_popescu: re weex
Ukto: mircea_popescu: its great news.
Ukto: doestne ffect weex
Ukto: weex is not in the us
Ukto: its AU
dub: also you have to trust some guy with an anime avatar.. sheesh
Ukto: dub: evil world dominating anime avatar
Ukto: :)
Lyspooner: mircea_popescu have you said anything about fincen yet?
Ukto: fincen has shown it will not make an enemy of bitcoin and specified how to do it legal
mircea_popescu: Lyspooner yes. i have said "here is fincen saying what I said back in october and all the reddit "lawyers" laughed at"
Lyspooner: what did you say in october
mircea_popescu: they should bake me pies.
mircea_popescu: http://trilema.com/2012/the-reasons-why-bitcoin-securities-cant-be-regulated-by-the-sec/
Ukto: well, they require licensing if your a us based exchange.
Ukto: thats really about it
Ukto: they tried to touch on directly selling ecurrenc for $$ (local/direct trades)
Ukto: but they cant really enforce it.
Ukto: i think it was put in there to make someone shut up
Ukto: who was bothering them
Ukto: :P
MJR_: fuck that was a boring day
Ukto: its like how copying vhs's was illegal
MJR_: yes, exactly
benkay: and let's be real here for a half damn second if you want to play in this space in the us it means licensing
benkay: anyone who says otherwise and tries to operate out of the us will likely get their face stomped in
toffoo: eventually
benkay: you'll note that most people in the space are operating from *outside* the us
benkay: there are some idiots here who are doing things to some degree or another
benkay: but nobody playing in the big bad scawwy assets space
benkay: herr popescu aside but see above
Bugpowder__: 77.5 eaten
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 77.77125, Best ask: 77.98000, Bid-ask spread: 0.20875, Last trade: 77.98000, 24 hour volume: 60339.76121126, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.84286
_Cristian: benkay: what's with popescu?
benkay: _Cristian what about?
_Cristian: you mentioned him earlier and I was curious to find out more
benkay: you must be blue here
benkay: http://mpex.co
benkay: his shop[
Bugpowder__: Ukto, so if I buy puts on ASICMINER on bitfunder. When I execute the puts, do I get the difference between the last price and the strike price or what?
benkay: bugpowder it's a 24hr vwap
benkay: iirc
Bugpowder__: ;;ticker
mircea_popescu: haha 24hr vwap ftw.
gribble: BTCUSD ticker | Best bid: 78.12474, Best ask: 78.20340, Bid-ask spread: 0.07866, Last trade: 78.12474, 24 hour volume: 60030.23352097, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.85850
_Cristian: benkay: and is it trustworthy?
Bugpowder__: 78.5
benkay: _Cristian you have to make that call on your own
Bugpowder__: sup tiberiusiv
mircea_popescu: "A cat can survive fall from height of hundreds of Cheap Ray Bans Glasses feet."
mircea_popescu: today i learned.
benkay: did you read about the guy running loads of free porn sites to drive up pageviews on his health sites for impressionfraud?
benkay: itty bitty little iframes all over the porn sites
Ukto: Bugpowder__: sorry in depth programming atm
benkay: programmed to make 1 visitor to the porn site look like 1 visitor exploring the other sites
Ukto: Bugpowder__: if you execute a put, you get (amount) * (strike price[aka trade price])
Ukto: or you get amount
Ukto: depending on if its a call or a put
Bugpowder__: Do I need to own shares to buy a put?
Bugpowder__: or to exercise a put?
Bugpowder__: HERE WE GO
Bowjob: i got richer while i slept
Bowjob: mhm
kakobrekla: go back to sleep
Bowjob: i know, i should be sleeping normally at this hour
Bowjob: :/
Bowjob: UPS charged me an exorbitant fee for my headphones, grr
Namworld: How much richer?
Bowjob: not much like you guys, only have a few btc
Namworld: Good enough
Bowjob: but that $21.00 brokerage stung. wtf
assbot: [MPEX] [O.BTCUSD.C750T] 2 @ 0.07590368 = 0.1518 BTC [+]
benkay: whatchoo talkin about bowjob?
benkay: broker fees on coinbr?
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.699 = 2.097 BTC [-]
Bowjob: nah, UPS.. I got something shipped
Bowjob: If it was USPS there wouldnt be brokerage
benkay: what do you mean by brokerage?
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7 = 4.2 BTC [+]
benkay: the shipping cost?
dub: he left
benkay: well.
dub: possibly customs brokerage though
dub: theres an insidious form of idiot tax I've encountered where customs try to push you through a brokerage to pay sales tax
Bugpowder__: ;;bids 75
gribble: There are currently 11005.086 bitcoins demanded at or over 75.0 USD, worth 834370.275355 USD in total. | Data vintage: 15.6584 seconds
Bugpowder__: pressure is building....
Namworld: yeah
Namworld: lotta pressure...
benkay: chart?
jurov: Bugpowder__: you can keep the tesla. http://www.wired.com/autopia/2013/03/mercedes-benz-sls-electric/#slideid-56056
Bugpowder__: need space for the carseat.
dub: as are european ones
Lyspooner: http://www.reddit.com/r/Bitcoin/comments/1b2diz/bitcoinica_liquidation_it_is_likely_that_any/
benkay: us market topped in july
benkay: '11
benkay: btc bubble popped in oct
Bugpowder__: US market has not topped yet
dub: not sure that was related to any market
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [+]
Bugpowder__: BTC is pretty uncorrleated I would say
dub: other than the one that got hacked, had all its coins sold off and destroyed confidence in btc in generall
jurov: us is irrelevent
jurov: everyone waits for govt to verify them
jurov: it's drive by eu atm
benkay: listen to the orthodoxy
jurov: so this rally last 2 weeks is caused by usd doing something?
jurov: there should have been a peak in also 2009 then, no?
jurov: ..er..2010 i mean
assbot: [BTCTC] [ASICMINER-PT] 100 @ 0.65 = 65 BTC [-]
jurov: so you are shorting, right?
Bugpowder__: looks like you are having trouble predicting the past
jurov: now why do you think that is?
jborkl: so by your terms, bitcoin will stop going up when the fed stops printing money, which will be never
jborkl: both US stocks and BTC will top out roughly the same time
jurov: and where else will the money go to, then?
jborkl: that is what you said, which is patently wrong
jurov: the herd will start buying usg bonds? puhleaze
jborkl: 800 million market cap for bitcoins, in the world economy is exactly shit
jborkl: .000000001 percent
jborkl: maybe less
jborkl: lol, ok w\e
jborkl: network hash rate is more important and adoption
jurov: what fundamentals it did have?
jborkl: Friday is coming up- worried about your options?
jborkl: does not matter to me
Lyspooner: how many of the 60,000 75puts did mircea_popescu buy?
jurov: certainly did not have an adoption in 2011
jborkl: dollar liquidity is a oxymoron
jurov: how can dollar liquidity tighten i current situation, i ask again?
jurov: and 2012 was adoption by scammers, real business adoption started only in recent months
jborkl: pointless argument, deflactionary currency compared to static supply
jborkl: deflationay
jborkl: nm
jurov: but how will credit contract? all these bad mortgages will magically get repaid?
jurov: or bernanke will burn heaps of usd bannotes?
jborkl: add more 0'z to world debt
jborkl: 0's
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.7 = 4.9 BTC [+]
jurov: ELI5 what is the credit contraction you're esposuing
Diablo-D3: yeah but tiberiusiv
Diablo-D3: you're forgetting one thing
Diablo-D3: no one cares about the dollar anymore
Diablo-D3: tiberiusiv: WRONG
Diablo-D3: WRONG WRONG WRONG
jborkl: lol, I am out
Diablo-D3: he does NOT report to the treasury
Diablo-D3: the federal reserve is NOT part of the treasury
Diablo-D3: [05:48:50] <tiberiusiv> bernanke can only create dollars as long as the treasury market lets him.
TheSeven: this channel is tripping my spam protection bot's flooding threshold :P
Diablo-D3: you said this
TheSeven: BOMB market? :P
Diablo-D3: [05:48:50] <tiberiusiv> bernanke can only create dollars as long as the treasury market lets him.
jurov: "Credit contractions are attempts to minimize or limit the amount of credit that is currently available to consumers." <<< but it's NOT possible anymore
Diablo-D3: thats what you said
Diablo-D3: the federal reserve does not issue bonds, so I dont understand what you're getting at
jborkl: they can't stop , or the bond traders don't get paid $20 mil for the year
jborkl: so, they don't give a shit
Diablo-D3: bernake reports to the 5 largest banks in the world
Diablo-D3: (which also happen to be the 5 largest banks in the US)
Diablo-D3: tiberiusiv: no, if he doesn't do what hes told by the federal reserve board he is fired and replaced
Diablo-D3: the 5 largest banks tell him to keep printing money illegally
Diablo-D3: the federal reserve does not have authorization from the US Federal government to print money
jurov: i repeat, bernanke can't get away with not extending credit anymore
jborkl: and who exactly rates AAA credit? LOLOLOL
jborkl: fail
jborkl: fail
Diablo-D3: lol
Diablo-D3: the two largest bond rater agencies are afraid of lowering the US credit rating
Bugpowder__: "21.19 Cyprus Finance Minister Michael Sarris has said uninsured Laika depositors could face an 80pc haircut, and might have to wait up to seven years for a payout."
Diablo-D3: they dont want to die
ThickAsThieves: worst thing about putting someone on ignore is when no one else does
Bugpowder__: 80% HAIRCUT
Diablo-D3: ThickAsThieves: you ignored tiberiusiv?
ThickAsThieves: i go back and forth
Diablo-D3: ThickAsThieves: well, I did too
ThickAsThieves: when i dont understand whats going on i have to turn him back on
Diablo-D3: tiberiusiv refuses to read the constitution
Diablo-D3: thats not my problem
jborkl: US is not AAA - fail
jborkl: AA outlook negative
jborkl: fail
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 6940247.63172 based on data since last change | 7288653.72639 based on data for last three days
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 78.49000, Best ask: 78.49001, Bid-ask spread: 0.00001, Last trade: 78.49001, 24 hour volume: 61542.22530806, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.94045
Bugpowder__: the market says Treasuries are safe relative all the other shit out there
jborkl: dollar printing is highest in history
Bugpowder__: not that they are AAA
Bugpowder__: currency of last resort is the dollar
Namworld: Stupid dollar printing..
Bugpowder__: tiberiusiv: if you can get away with it, why not
Namworld: People getting taxed, really.
Namworld: Who needs taxes when you can print money?
jborkl: Robbed, exactly
Bugpowder__: gov will run up the debt until market forces them not to
Bugpowder__: there is no credible alternative reserve currency
Bugpowder__: yet
jborkl: so your argument for bitcoin is wrong - as you just stated
jborkl: can not rise, because interest rates would go up- then they can't pay the bills- already in a death spiral
jborkl: just really slow
jborkl: really really slow
jborkl: so, peoople are going to sell bitcoins to convert to $ to pay bills?
Bugpowder__: I really think that BTC is not being driven by macro liquidity right now, but speculative fever and capital flight
Diablo-D3: Bugpowder__: I believe it is liquidity
Bugpowder__: it is an implausible reserve currency, that gains a little more traction each day.
jurov: tiberiusic, so you really think ppl will start selling btc and buying US treasury bonds anytime???
Bugpowder__: anyway. Nobody cares that cyprus just said 80% haircut over 100k now?
jurov: you imply they will
jborkl: I am not concerned with price movement now, I got in - if it goes back to 30 or 40 w/e