▁▁▁▁⏐︎ 24421
mjr_: worth every dime
bitesak: you have been reading too much again
mjr_: has anyone ran the numbers on a gpu compute instance in amazon?
mjr_: pretty sure its not worth it, but curious
guruvan: lotsa people, lotsa times - those are cudas, they're not very efficient for mining BTC
mjr_: ah ok
mircea_popescu: ya cudas
mjr_: cuda is the language i believe
guruvan: (though, I haven't run the numbers @ current diff & exchange rate)
mjr_: are they the tesla's?
guruvan: (either way it's all nvidia IIRC)
mircea_popescu: they're the small dinky shits basically.
mjr_: cuz tesla's are dope (except for mining)
mircea_popescu: haha
mjr_: for science though, they are awesome
mircea_popescu: https://bitcointalk.org/index.php?topic=164143.msg1722510#msg1722510 lmao
mjr_: 1 teraflop at your workstation...that is kinda sick you have to admit (unless you want to mine)
guruvan: proper sentence construction is pretty lost on most people too
guruvan: I just can't imagine mining with my workstation - I want a computer not a heater.
dub: anyone know where friedcat is?
ThickAsThieves: china?
dub: as in, where in china
dub: thinking of offering to build a network for him
mjr_: tesla's aren't that hot...and even the avalon was not running crazy hot last time i sat next to it
mjr_: but it is pretty cold in nyc anyway
mircea_popescu: guruvan some people live in like alaska
mircea_popescu: and frigid marriages
mircea_popescu: dub i thought beijing
mjr_: is mpoe-pr in romania?
guruvan: oh - well...here in Northern California I have heated my home with monitors....but it's almost summer...even in Alaska
jurov: have frigid marriage? mine btc!
guruvan: tell the woman: put the box on the box, and we'll get something going
mircea_popescu: mjr_ of and on
mjr_: gotta run to the bar ;) see ya'll in a little bit
jcpham: if i change jobs i plan to leave my miners in the datacenter where they are until someone notices them
mircea_popescu: guruvan in the immortal words of don rickles, "woman, get started, i'll go get the paper"
guruvan: LOL
mircea_popescu: i think that guy is my favourite comedian all time
mircea_popescu: tho a hard match with carlin
guruvan: definitely in my top few
mircea_popescu: he's like "dean, don't worry, we'll tell you what happened tomorrow"
dub: jcpham: I've seen a few servers under floor tiles, even one behind drywall
jcpham: nice
mircea_popescu: dub embedded processing
jcpham: i like mine in racks
mircea_popescu: racks are nice
jcpham: with the A/C blowing directly on them
guruvan: under the floor is more secure
jcpham: while they hash away for months
jcpham: i might be able to keep them running 6 more months before anyone notices
mircea_popescu: http://24.media.tumblr.com/tumblr_llkdffSxb11qd8atyo1_500.jpg
mircea_popescu: illustrative pic related.
guruvan: dude - me & my brother had a server in a DC that we sold to a customer.....for almost 10yrs
jcpham: epic boobs
jurov: ;;ticker
gribble: BTCUSD ticker | Best bid: 114.62001, Best ask: 115.00000, Bid-ask spread: 0.37999, Last trade: 114.62001, 24 hour volume: 85321.94868801, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.38840
mircea_popescu: jcpham that's what i call a rack
jcpham: epic.
mircea_popescu: and yes it gets better if ac is blowing directly on it
jcpham: definitely has back pain
mircea_popescu: pain is good for womenz
mircea_popescu: builds character.
guruvan: that's why high heels
taub: too cartoonish
mircea_popescu: totally.
jcpham: http://naukas.com/2013/04/02/la-fiebre-de-los-bitcoins/
jcpham: en espanol if you speak it
jcpham: Arthur sends some bitcoins
dub: link to esperanto ver plox
jcpham: lojban
mircea_popescu: i actually do speak it, but i didn't get past the pagesized bicoin pic with a watermark on it
Bugpowder_: "I guess that's what they call a liquidity rebate" lol
assbot: [BTCTC] [LTC-MINING] 1 @ 0.36 BTC [+]
mircea_popescu: "I just verified my Coinbase account and am hoping to buy bitcoins in less than 3-4 weeks (which has been the case with Bitinstant lately)"
mircea_popescu: fucking joke.
mircea_popescu: these people going about pretending like they're doing business, are entrepreneurs,
mircea_popescu: trying to scam va's out of financing...
mircea_popescu: it boggles the mind.
Bugpowder_: that's what happens when there are more angels than talent
mircea_popescu: which is the problem of too much money. of course.
Bugpowder_: shades of 1998
mircea_popescu: i need a larger fly swatter.
mircea_popescu: https://bitcointalk.org/index.php?topic=164867.msg1722538#msg1722538 lol
bitesak: bitcoin-central.net update
mircea_popescu: a ty
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.24 BTC [+]
ThickAsThieves: how long til 120 you think?
ThickAsThieves: i give it 8 hours tops
guruvan: couple hourse
bitesak: one night sleep
mircea_popescu: heh
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 229365 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 458 blocks | Next Difficulty In About: 2 days, 14 hours, 48 minutes, and 41 seconds | Next Difficulty Estimate: 7713534.00467 | Estimated Percent Change: 15.19914
guruvan: fuck - at this rate I wouldn't be surprised to wake up to $200 BTC and $20 LTC
mircea_popescu: get out
mircea_popescu: btc pls stop trolling my options
ThickAsThieves: mp, what amount of loss on options would you have to take before you changed how it works?
ThickAsThieves: lol, srsly tho
mircea_popescu: a lot.
jcpham: http://www.runtogold.com/2013/04/why-michael-pento-should-just-keep-his-mouth-shut/
ThickAsThieves: wtf is an internet?
mircea_popescu: what's a pento
ThickAsThieves: sounds portuguese
ThickAsThieves: lol
ThickAsThieves: guess what it is
ThickAsThieves: it's Italian for "regret"
mircea_popescu: that article sucks.
ThickAsThieves: http://translate.google.com/#it/en/pento
ThickAsThieves: how sweet is that
Lyspooner: that cnbc interview was fantastic IMO
Lyspooner: good television
mircea_popescu: Lyspooner stop trolling!
ThickAsThieves: lol
Lyspooner: they did another interview one day later
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7791 BTC [-]
Lyspooner: so tell me the people weren't intrigued
ThickAsThieves: mp i have deposits waiting to buy more optionssssss
jcpham: pento is the guy that asked his it dept about bitcoin
Bugpowder_: 120 is tomorrow
jcpham: he desperately needs a meme
ThickAsThieves: the expensify guy looked like someone just sat on his dinner the whole time
jcpham: pento's it department said "stay outa bitcoin" so he is
Lyspooner: 75% of people who saw that interview wanted to see the expensify guy take on the bankers
mircea_popescu: im surprised they didn;'t invite taaki
jcpham: he's smart
mircea_popescu: jcpham totally. i also use my it dept for strategic management.
ThickAsThieves: IT dept was probly like "dude, fuck Mike, tell him lies"
jcpham: users who listen to their it department make me happy
mircea_popescu: this is why i'm so happy with bitcoin dev role confusion.
jcpham: i mean with people saying stuff like that on tv....
jcpham: how can i beieve them
mircea_popescu: because your water is sufficiently fluoridated ? i dunno.
jcpham: "i really like where gold is headed, but my aunt said i shouldn't because she likes the color of silver"
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 106.31
mircea_popescu: $auntball
Lyspooner: mircea_popescu... any plans to base your options on a bitcoin index composed of anything other than mtgox
jcpham: i'd like to see data pulled from 3 exchanges at least
mircea_popescu: Lyspooner they've for the ~year and a half been based on the all-exchanges index
jcpham: bitfloor of course because you can sell coins for anything at bitfloor
Lyspooner: oh nice
jcpham: mtgox for vloume
Lyspooner: is there an index
jcpham: maybe btc-e for scamcoins
mircea_popescu: http://bitcoincharts.com/markets/currencies/
mircea_popescu: 106.31 92.79 62.64
mircea_popescu: holy sheit.
jcpham: watch as AUD rockets past USD
jcpham: yuan: the new global reserve
mircea_popescu: herpderp ThickAsThieves what deposits you on about ?
mircea_popescu: "Helixion's announces expansive new mobile payment platform"
mircea_popescu: yeah, there's space for another one.
Lyspooner: sorry, how does bitcoincharts weight their index
mircea_popescu: Lyspooner all-exchanges vwap.
mircea_popescu: http://bitcoincharts.com/markets/
mircea_popescu: that's the exchanges list
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 114.18999, Best ask: 115.00000, Bid-ask spread: 0.81001, Last trade: 114.18999, 24 hour volume: 85389.54904890, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.52455
Bugpowder_: The bullshit in the startup space is certainly not limited to bitcoin, I'm not even sure that bitcoin startups are particularly incompetent next to their peers
mircea_popescu: Bugpowder_ it stands out a lot tho.
Lyspooner: that leaves your options prone to volume-inducing wash trading at the smaller exchanges
mircea_popescu: because in general they bnullshit about less clearly defined things
mircea_popescu: bitcoin is very complex and very well known to a core
Bugpowder_: yah the media attention is totally disproportionate
mircea_popescu: making their bullshit painfully obvious and easy to pinpoint
ThickAsThieves: mp, i mean to my coinbr, maybe just waiting for jurov
mircea_popescu: Lyspooner i've failed to measure such an effect so far.
mircea_popescu: ThickAsThieves well then ping him lol
Lyspooner: you are still prone
ThickAsThieves: probly stil confirmsing nvm
mircea_popescu: i'm gonna be prone to something.
ThickAsThieves: sry
mircea_popescu: da fuck am i gonna do.
Lyspooner: change the index
mircea_popescu: to what ?
mircea_popescu: mtgox only ?
mircea_popescu: they probably wash as much as anyone else.
Lyspooner: their wash trading must be done close to market
Lyspooner: something like RockUSD doesn't
mircea_popescu: this is debatable.
Bugpowder_: its volume weighted
mircea_popescu: moreover, a small exchange washing would stick out like a motherfuckingsore tumb
Lyspooner: but what recourse do your options contract have if someone trades 500,000,000 BTC at Rock Exchange at a price of 4500 USD/BTC
mircea_popescu: 0.0
assbot: [MPEX] [S.MPOE] 6200 @ 0.00067538 = 4.1874 BTC [+]
assbot: [MPEX] [S.MPOE] 7655 @ 0.00067539 = 5.1701 BTC [+]
mircea_popescu: i'm probably striking any deals and banning involved accounts.
Lyspooner: granted, the trades are bogus, but your contracts pretty much are based off of that bitcoincharts figure
dub: heh I has $3000 worth of ppcoin
mircea_popescu: dub buy yourself drugz nao!
KRS1: must suck to have all that money
jborkl: base your price of btc/coke gram on SR
KRS1: i mean..i don't know what i'd do..
ThickAsThieves: can mine like $20/day with one GPU for litecoin at the moment
dub: what hashrate?
ThickAsThieves: 650 or so
ThickAsThieves: i'm actually putting about 9000 online this week
assbot: [HAVELOCK] [SDICE] 7 @ 0.35100002 = 2.457 BTC [+]
assbot: [HAVELOCK] [SDICE] 6 @ 0.35100001 = 2.106 BTC [-]
mircea_popescu: KRS1 good problem to have.
KRS1: =D
KRS1: I'd love to know what opportunity would bring such glee to a formal event http://s3-ec.buzzfed.com/static/enhanced/web05/2012/7/16/0/enhanced-buzz-10105-1342413332-10.jpg
mircea_popescu: buttseks and only buttseksz
KRS1: with leg warmers, no doubt.
dub: cant have legwarmers without buttsex
mircea_popescu: the weirdo looks quite fuckable, form a female perspective
jborkl: Latest News: RBC Closing, Cash Processing and EMT Changes
jborkl: cavirtex
ThickAsThieves: ?
mircea_popescu: so they losrt a processor ?
mircea_popescu: or they lost their only processor ?
jborkl: Cavirtex RBC account is being closed, not by their choice
mircea_popescu: i get that. do they have others ?
mircea_popescu: !ticker h vix
assbot: Some are born to endless night.
jborkl: Yes they do
mircea_popescu: what was it called ?
ThickAsThieves: 1. Our Royal Bank account will be closing on April 5, 2013. Cash payments will no longer be accepted at any RBC branch after April 5, 2013. You may still make cash payments to BMO and Scotiabank. 2. As a result of the closure of RBC, email money transfer fees will be raised from $10 to $20 starting April 5, 2013. We advise all customers to use the direct deposit method to withdraw CAD
ThickAsThieves: from their VirtEx account. Unverified users can use direct deposit to withdraw up to $5000 per day and $10,000 per month. 3. We are no longer processing RUSH cash payments, instead, we are increasing the number of times we process cash each day. Cash payments will be processed at 9AM, 2PM, 4PM and 8PM (MST).
mircea_popescu: !ticker havelock vix
assbot: I don't know those people, and they don't look very friendly.
ThickAsThieves: vtx
mircea_popescu: am i halucinating ?
mircea_popescu: a ty
mircea_popescu: !ticker h vtx
assbot: [HAVELOCK:VTX] 1D: 0.50000000 / 0.5523632 / 0.57499999 (154 shares, 85.06393228 BTC), 7D: 0.41200000 / 0.53694063 / 0.70000000 (1453 shares, 780.17474209 BTC), 30D: 0.38280000 / 0.43456538 / 0.79900000 (12672 shares, 5506.81254553 BTC)
jborkl: Tangiblecryptography went hrough this with BOA
jborkl: through
mircea_popescu: yea
Bugpowder_: anticompetitive practice
mircea_popescu: welcome to the govt sponsored banking enterprise
assbot: [HAVELOCK] [SDICE] 1 @ 0.39879999 BTC [+]
jborkl: Gerald from TC seems like a good guy, wish he would list with you MP
mircea_popescu: i kinda like him too.
Bugpowder_: TC is fantastic
Bugpowder_: easiest in and out of bitcoin
assbot: [HAVELOCK] [SDICE] 2 @ 0.3988 = 0.7976 BTC [+]
mircea_popescu: i think he's loath to take the btc pill tho
mircea_popescu: or maybe has fiat investors
Bugpowder_: feel sorry for all the competent noobs that can't get a bitcoins direct account
jborkl: I know he has fiat investors, but he and Death and Taxes are very good
Bugpowder_: No reason he can't just bootstrap his company with his revenue
Bugpowder_: why take investors if you don't have to?
mircea_popescu: jborkl afaik gerald = d&t neh ?
Bugpowder_: its a pretty low overhead operation I imagine
jborkl: oh, you know I am not sure
jborkl: I know him by Gerald
assbot: [HAVELOCK] [SDICE] 2 @ 0.398888 = 0.7978 BTC [+]
assbot: [HAVELOCK] [SDICE] 7 @ 0.398888 = 2.7922 BTC [+]
jborkl: I always thought of them as two people, they act different
mircea_popescu: Bugpowder_ too late by now i think
jborkl: reminds me I need to send him a email, don't delete my key
mircea_popescu: ya i like he's like the ONLY ONE with enough sense to copy the mpex model
mircea_popescu: how hard can it be seriously
mircea_popescu: jborkl send him an email "don't delete my key and list with mpex" lol
jborkl: I just did
jurov: coinbr deposits credited (at least for ppl who did pay the txfee)
jborkl: I told him if he listed he could drink umbrella drinks in Costa Rica
mircea_popescu: haha how's that work ?
jborkl: II think that would be a huge IPO, they are not a bunch of idiots like all the other exchanges
jborkl: he also actually answers support email within a very reasonable time
mircea_popescu: methinks you're right.
Bugpowder_: I would invest.
jborkl: You remember when the dumbass sent money direct from TG to his criminal attorney
jborkl: caused a bunch of problems for TG, that is when they locked keys to only past customers
mircea_popescu: no ?
mircea_popescu: i missed out on this one
jborkl: Some dipshit sold Bitcoins to TG and wire instructions were to dumbass criminal attorney
jborkl: attorney got wire tranfer from TG , with acct number and routing number - attorney was not a happy camper -
jborkl: Then TG locked keys to only past customers
Diablo-D3: wtf?
Diablo-D3: who is tg?
jborkl: TC, sorry
mircea_popescu: o yea yea i recall
mircea_popescu: like a year ago tho
mircea_popescu: was "how do you have my bank number SCAMMOR"
ThickAsThieves: jurov, how come the orderbook zeroes out all the time in coinbr
ThickAsThieves: can only handle like 1 change then it glitches
jurov: some javascript weirdness. can you open js console if there's anything?
ThickAsThieves: all i see is
ThickAsThieves: GET https://coinbr.com/css/tooltips.css 404 (Not Found)
ThickAsThieves: it shows zeroes only when i load a book i already loaded before
bitesak: i refresh it once or twice and it generally comes back
ThickAsThieves: yeah if i reload it works again
ThickAsThieves: til it doesnt
jurov: hmmm... now i see... if you change Item many times
ThickAsThieves: i can be a lil spastic after all
jurov: ahhhh seems it is dividing the prices by SATOSHI multiple times, thereby all end up zero
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 106.64
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 114.50200, Best ask: 115.00001, Bid-ask spread: 0.49801, Last trade: 115.00001, 24 hour volume: 83365.50875871, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.82873
KRS1: wow..its like..i have to rub my eyes reading this daily
KRS1: just to make sure i dont misplace the decimal or something.
ThickAsThieves: check out that sexy curve http://bitcoincharts.com/charts/mtgoxUSD#rg180ztgSzm1g10zm2g25zi1gADXzv
KRS1: my friend had been mining litecoin for the past 8 mo or so and had no idea what the price was..I told him and later he called me back to tell me he had $7000 in his acct.
ThickAsThieves: surprised it wasnt more
jurov: someone draw goat on it
KRS1: ya we're just small fish
assbot: [HAVELOCK] [SDICE] 5 @ 0.4000001 = 2 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.4000001 = 1.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7791 BTC [-]
ThickAsThieves: for the past two months, the longest string of green candle days is 8, red candles is 2
assbot: [HAVELOCK] [SDICE] 14 @ 0.4 = 5.6 BTC [-]
assbot: [MPEX] [O.USD.C125T] 300 @ 0.16637225 = 49.9117 BTC
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067987 = 3.3994 BTC [+]
assbot: [MPEX] [O.USD.C104T] 50 @ 0.24944674 = 12.4723 BTC [+]
assbot: [MPEX] [O.USD.C110T] 40 @ 0.22197582 = 8.879 BTC
thestringpuller: all these calls early on
ThickAsThieves: means?
thestringpuller: mircea_popescu is gonna manipulate the market again
KRS1: when can we expect a turn or plateu here?
KRS1: any guesses
thestringpuller: 130ih
thestringpuller: 130ish
thestringpuller: $vwap
mpexbot: thestringpuller: http://pastebin.com/raw.php?i=WsXus04h
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 106.70
thestringpuller: !ticker m ^OIX
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 86.04499804 / 102.57873909 / 136.28053963 (10015 shares, 4,619.36 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
ThickAsThieves: those calls need more like 145
ThickAsThieves: 140
ThickAsThieves: ish
assbot: [MPEX] [S.DICE] 2735 @ 0.00400173 = 10.9447 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 4 @ 0.0048 = 0.0192 BTC [+]
ThickAsThieves: i dunno, i think 145 isnt too far...
dub: ;;goxlag --au
gribble: MtGox lag is 20.507841 seconds. During this time, light travels 0.0410974837468 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU
mjr_: wow that is amazing
mjr_: i did not know about the au option
dub: its new
KRS1: sup mjr
dub: or at least recently upgraded
mjr_: chilling chilling
KRS1: word
mjr_: had some really good meetings today
KRS1: =D
KRS1: thats gold when you have management buy-in
mircea_popescu: ahahaha nanotube
nanotube: mircea_popescu: :)
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.0048 = 0.024 BTC [+]
nanotube: mircea_popescu: i've got all the planets and other major solar system features all set out, too.
mircea_popescu: i had no idea the sun is so fat
mircea_popescu: that light takes 20 seconds to go through it.
jurov: hope we won't reach Eris/Dysnomia someday
mircea_popescu: are you sure on the math of that ?
Bugpowder_: OMG
Bugpowder_: hilarous
jurov: light actually goes millions of years through it
jurov: cuz it's so hot and dense in th emiddle
Bugpowder_: takes about 8 minutes for light to make it to earth
assbot: [BTCTC] [S.MPOE-PT] 6 @ 0.000698 = 0.0042 BTC [+]
Bugpowder_: I have seen it over 1 AU
assbot: [MPEX] [S.MPOE] 745 @ 0.00067888 = 0.5058 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00067413 = 0.8764 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00067362 = 3.3681 BTC [-]
assbot: [MPEX] [S.MPOE] 1455 @ 0.00067351 = 0.98 BTC [-]
nanotube: mircea_popescu: heh actually, i should double check that.
pgp: the sun is opaque to light. Photons do not traverse it below the photosphere...
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [-]
mircea_popescu: well in a vacuum :p
jurov: what price should i set on bitstamp overnight?
jurov: let's shoot for 117
pgp: lol
bitesak: long distance shooting
kakobrekla: nah
kakobrekla: http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected
kakobrekla: if 15 holds on gox
kakobrekla: 17 will go
Bugpowder_: 119.95
dub: thefuck ppc @ 0.00094989
Bugpowder_: to sell?
jurov: okay. i'll prolly go half 117, half 119.95
mircea_popescu: do like coinbase
mircea_popescu: "at some price"
Bugpowder_: well 116.97
Bugpowder_: but 117 is probably gone before I finish dinner
jurov: so, cya tomorrow. at 120 :D
assbot: [HAVELOCK] [VTX] 1 @ 0.5 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 2 BTC [-]
mjr_: pgp: hey there
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 116.01001, Best ask: 116.10000, Bid-ask spread: 0.08999, Last trade: 116.10000, 24 hour volume: 79534.66768249, 24 hour low: 99.00000, 24 hour high: 116.40000, 24 hour vwap: 107.30148
assbot: [HAVELOCK] [VTX] 3 @ 0.5 = 1.5 BTC [-]
dub: ;;goxlag --au
gribble: MtGox lag is 80.479728 seconds. During this time, light travels 0.161280473816 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU
kakobrekla: https://bitcointalk.org/index.php?topic=165350.0
kakobrekla: yay
dub: ;;goxlag --au
gribble: MtGox lag is 126.458688 seconds. During this time, light travels 0.25342179485 AU, which is closest to the distance between the Sun and Mercury, 0.39 AU
assbot: [HAVELOCK] [VTX] 10 @ 0.45 = 4.5 BTC [-]
assbot: [HAVELOCK] [VTX] 13 @ 0.44 = 5.72 BTC [-]
kakobrekla: !baselag
assbot: 6 weeks.
sedeki: what's that?
Bugpowder: thru 117 before my dinner order even showed up
assbot: [HAVELOCK] [HIM] 3 @ 2 = 6 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.5 BTC [+]
Diablo-D3: hrm
Diablo-D3: Ukto: check how many shares of DMC are held in accounts that were never activated
Ukto: hm?
Ukto: you can see that you know
Diablo-D3: I can?
Ukto: from the glbse page :)
Ukto: first off
Ukto: held shares in bf accounts + claim accounts = total issued
Ukto: which you are somehow a few over
Ukto: er nm
Ukto: you are under
Diablo-D3: er, what glbse page?
Ukto: 10,773 total issued between bf accounts and glbse claims of 11,579 max
Ukto: under issuer -> 'Manage GLBSE Claims'
mircea_popescu: o.o
kakobrekla: glbse 4ever!
Ukto: lol
kakobrekla: i wanna tshirt like that
Diablo-D3: Ukto: that number doesnt work because 10773 is the number of shares after Ive bought them back
Ukto: then whats wrong ?
Ukto: thats how many are left
Ukto: the 11,579 is the max your asset can have.
Diablo-D3: Ukto: I want to know how many shares are in accounts that were never activated
Ukto: just a limit number
Diablo-D3: according to that number ALL accounts were activated
Diablo-D3: which I know is false
Ukto: theres no total field in the glbse page?
Ukto: thought i had one
Ukto: 1 sec
Ukto: i will cehck
Diablo-D3: the glbse lists unclaimed accounts
assbot: [MPEX] [O.USD.P086T] 2 @ 0.05902249 = 0.118 BTC [-]
Diablo-D3: er, the glbse page
Ukto: looks like 2,154 unclaimed shares
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7792 BTC [+]
Ukto: so out of 10,733 shares, 2,154 are unclaimed
Diablo-D3: hrm I think Im going to make an announcement then
Ukto: oh boy here it comes!
Ukto: :P
Diablo-D3: 90 days to activate your account, or the shares will revert to DMC ownership
Ukto: yup, saw that commin :P
dub: scammer
Ukto: and that
ThickAsThieves: lol
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 117.62000, Best ask: 117.63709, Bid-ask spread: 0.01709, Last trade: 117.62000, 24 hour volume: 81308.33585058, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.65591
ThickAsThieves: ;;asks 119.9
gribble: There are currently 3243.7238 bitcoins offered at or under 119.9 USD, worth 386165.453059 USD in total. | Data vintage: 110.3662 seconds
burnside: send an email out to everyone that hasn't claimed.
burnside: simpe enough
burnside: [simple]
ThickAsThieves: plz email me with how to claim some shares
ThickAsThieves: sounds fun
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00176 BTC [+]
ThickAsThieves: $email
mpexbot: ThickAsThieves: To sign up for this service, contact smickles. Cost will be 0.01 BTC.
assbot: [BTCTC] [S.BBET-PT] 49 @ 0.00177 = 0.0867 BTC [+]
dub: as simple as creating 12 new accounts on varios websites
dub: and submitting a sperm sample to Ukto
dub: which is why Luke-Jr cannot claim, every sperm is sacred
assbot: [BTCTC] [S.MPOE-PT] 25 @ 0.000698 = 0.0175 BTC [+]
kakobrekla: lol
assbot: [BTCTC] [GSDPT] 3 @ 0.00394 = 0.0118 BTC [+]
Ukto: burnside: I send out an email every other week or so
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068135 = 3.4068 BTC [+]
assbot: [MPEX] [S.MPOE] 6750 @ 0.00068136 = 4.5992 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 1 @ 0.000698 BTC [+]
assbot: [MPEX] [S.DICE] 400 @ 0.004 = 1.6 BTC [-]
assbot: [MPEX] [S.DICE] 3 @ 0.004 = 0.012 BTC [-]
assbot: [MPEX] [S.DICE] 811 @ 0.0036201 = 2.9359 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00360001 = 7.2 BTC [-]
assbot: [MPEX] [S.DICE] 1500 @ 0.00335565 = 5.0335 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00320001 = 3.2 BTC [-]
assbot: [MPEX] [S.DICE] 4286 @ 0.00310001 = 13.2866 BTC [-]
assbot: [MPEX] [S.MPOE] 8250 @ 0.00068136 = 5.6212 BTC [+]
assbot: [MPEX] [S.MPOE] 18250 @ 0.00068141 = 12.4357 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.39 BTC [+]
assbot: [MPEX] [S.MPOE] 3506 @ 0.00068141 = 2.389 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7795 = 2.3385 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7795 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 28 @ 0.779997 = 21.8399 BTC [+]
assbot: [HAVELOCK] [HIM] 7 @ 2 = 14 BTC [-]
assbot: [BTCTC] [RSM] 4 @ 0.002999 = 0.012 BTC [+]
Diablo-D3: you know what I find fucking hilarious?
Diablo-D3: luke only has 4 shares.
ThickAsThieves: after all his whining...
nanotube: mircea_popescu: re: sun - the solar radius is about .005 AU, and the coronal edge is about 2 solar radii away from sun surface, according to my googling. so .01 AU for light to get from photosphere to coronal edge.
mircea_popescu: i gueess im not up to speed on all the coronal edging
nanotube: heh well, it's not particularly well defined or particularly smooth... but it was a good enough number to use as the 'closest thing to the sun other than mercury :)
nanotube: because saying 'mercury' every time it's 0 would be silly.
nanotube: mercury is about 200 light-seconds away from the sun.
mircea_popescu: well if "mthox lag < 200 seconds" = 0
mircea_popescu: we got problems
nanotube: hehe well, it does 'closest object'. and there's really nothing between coronal edge (.01 au) and mercury (.39 au)
nanotube: so until it gets to like .2 au, closest thing will be .01
nanotube: there are random asteroids and stuff, but they are small enough that they don't even have real names. :P
mircea_popescu: actually there's very good reason for the gap
mircea_popescu: as in, accretion
nanotube: well, reason or no reason, fact remains, there are no intermediate 'points of interest' :)
mircea_popescu: ye
nanotube: ;;goxlag --au
gribble: MtGox lag is 46.972662 seconds. During this time, light travels 0.0941326887159 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU
nanotube: i guess we can all root for goxlag to get to mercury :)
mircea_popescu: so basically instead of mercury all the time which is silly
mircea_popescu: we get solar corona all the time which is silly
mircea_popescu: this improvement!
nanotube: hehe less silly than mercury.
assbot: [MPEX] [O.USD.C101T] 10 @ 0.26910162 = 2.691 BTC [+]
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 107.73
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 117.80001, Best ask: 117.84400, Bid-ask spread: 0.04399, Last trade: 117.84400, 24 hour volume: 82099.72128991, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.92214
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 0 seconds.
ThickAsThieves: !
mircea_popescu: http://bitbet.us/bet/353/bitcoin-price-to-rise-above-1000/
mircea_popescu: that's an interesting one.
ThickAsThieves: if it does, i wont need to be making bitbets
thestringpuller: popescu
thestringpuller: thank you
mircea_popescu: yw.
mircea_popescu: what for ?
thestringpuller: you know
burnside: <Ukto> burnside: I send out an email every other week or so >> awesome. that's about all you can do then.
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 117.00000, Best ask: 117.59822, Bid-ask spread: 0.59822, Last trade: 117.00000, 24 hour volume: 82038.36838155, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.93612
ThickAsThieves: http://bitbet.us/bet/356/a-third-competitor-company-to-bfl-and-avalon/ Isn't Asicminer already making plans?
mircea_popescu: ya well plans.
mircea_popescu: iirc they were making plans to have 12th online in january, still ain't happened.
ThickAsThieves: indeed
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 229396 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 427 blocks | Next Difficulty In About: 2 days, 8 hours, and 0 seconds | Next Difficulty Estimate: 7752366.26707 | Estimated Percent Change: 15.77908
Bugpowder: every time I think of buying more calls I look at them and say DAMN they are expensive
sedeki: has anyone done algorithmic trading on mtgox?
assbot: [MPEX] [O.USD.C092T] 20 @ 0.32061935 = 6.4124 BTC [+]
dub: there is a fair amount of crazy around
dub: even solidcoin is going up
kakobrekla: O_o
dub: pp is up 550% since yesterday
kakobrekla: o_O
Bugpowder: https://apps.facebook.com/bitcoin-tx/
assbot: [MPEX] [O.USD.C119T] 35 @ 0.19090837 = 6.6818 BTC
Bugpowder: bitcoin tip app for facebook looks like its happening
kakobrekla: lol
Bugpowder: bitcoin is about to go VIRAL!
kakobrekla: we had those before
kakobrekla: and they all sucked
kakobrekla: also crpyto ppl on fb? right.
dub: I've seen a couple of disparate fb friends crapping on about bitcoin
ThickAsThieves: ive had like 1 person even Like/Comment on any of my bitcoin posts
assbot: [MPEX] [O.USD.P200T] 335 @ 0.85561207 = 286.63 BTC [-]
ThickAsThieves: a few days ago, I said "When I started sharing news about bitcoin, it was worth $20. Today it is worth $93." Then I got responses.
assbot: [HAVELOCK] [SDICE] 35 @ 0.40000001 = 14 BTC [+]
assbot: [HAVELOCK] [SDICE] 48 @ 0.4 = 19.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.398888 = 0.7978 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.39879999 = 1.1964 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.39879999 BTC [-]
mircea_popescu: those puts got massacred.
Bugpowder: ah ohhhh
Bugpowder: it stopped working
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 117.75001, Best ask: 118.00000, Bid-ask spread: 0.24999, Last trade: 118.00000, 24 hour volume: 81957.38870023, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 108.12679
ThickAsThieves: ;;market --sell 10000
gribble: A market order to sell 10000 bitcoins right now would net 1097486.2139 USD and would take the last price down to 105.0000 USD, resulting in an average price of 109.7486 USD/BTC. | Data vintage: 0.0012 seconds
ThickAsThieves: ;;market --sell 15000
gribble: A market order to sell 15000 bitcoins right now would net 1608242.7036 USD and would take the last price down to 100.2146 USD, resulting in an average price of 107.2162 USD/BTC. | Data vintage: 6.0775 seconds
ThickAsThieves: ;;market --sell 25000
gribble: A market order to sell 25000 bitcoins right now would net 2577154.7109 USD and would take the last price down to 93.1000 USD, resulting in an average price of 103.0862 USD/BTC. | Data vintage: 13.9036 seconds
ThickAsThieves: needs a lotta bitcoins to fill those puts
unbalanced__: There's no "naked short selling" in BTC-land, is there?
Diablo-D3: no
Diablo-D3: theres no shorting at all
Diablo-D3: you can either go long, or buy USD.
unbalanced__: Right, I should have spoken in terms of puts/calls.
unbalanced__: So if someone wants to bet on a down draft, they could buy puts.
mircea_popescu: you could buy puts or write calls
mircea_popescu: but you will have to cover the calls you write.
unbalanced__: Do I buy the puts with BTC? So even if the puts do well, they're just a hedge on my BTC losses?
mircea_popescu: you buy the puts with btc yea
mircea_popescu: not sure what you mean by just a hedge.
unbalanced__: Ah, imagine an extreme case of putting all your BTC into puts.
Bugpowder: I did that
Bugpowder: well 30%
Bugpowder: it was a major mistake
mircea_popescu: unbalanced__ yea ?
unbalanced__: BTC goes down... the puts go up... but they're denominated in BTC. So it's a wash. Or at least the river meeting the ocean?
mircea_popescu: its not a wash by any means
mircea_popescu: you buy 1k puts struck at 100. these cost you .1 each, so you pay 100 btc
mircea_popescu: price goes to 50. your puts are now worth 2k btc. you've made 20x
Bugpowder: oh its not a wash at all
Bugpowder: You can basically hedge your position
Bugpowder: in fiat terms
Bugpowder: by buying around 20% of your nut in puts
Bugpowder: or less
mircea_popescu: yeah. if you go over that you're basically leveraging into a short.
Bugpowder: yeahe
unbalanced__: Thanx guise.
unbalanced__: Since I'm long BTC and crazy bullish, and aim to buy calls soon, I was just trying to suss out, how loaded would a whale have to be to turn this bull run around?
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00177 BTC [+]
mircea_popescu: a whale doesn't have any particular interest in fighting the tape.
unbalanced__: Exactly... I can't see who in BTC land would have any interest in seeing it go down.
mircea_popescu: not exactly what i said.
unbalanced__: Other than maybe you as a call writer.
mircea_popescu: ian bakewell!
unbalanced__: It's easy in stocks for dozens of hedge funds to beat a stock price into the ground to accumulate more, if naked short selling is allowed in those markets. Here it's a lot harder to rein in a bull run, no?
assbot: [MPEX] [O.USD.C122T] 20 @ 0.18087035 = 3.6174 BTC
mircea_popescu: i dunno, mtgox/cointards are doing a pretty darn good job of it
Bugpowder: BAKEWELL.... when good cointards go bad.
mircea_popescu: anyway, im off. gl all.
unbalanced__: you too
unbalanced__: thanks
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 127.00000, Best ask: 127.00003, Bid-ask spread: 0.00003, Last trade: 127.00000, 24 hour volume: 93833.30411689, 24 hour low: 100.15000, 24 hour high: 130.00000, 24 hour vwap: 113.90981
ThickAsThieves: mornin!
mircea_popescu: hai
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 0.537715 seconds. During this time, light travels 0.00107757483944 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
ThickAsThieves: 130
mircea_popescu: crazy.
ThickAsThieves: 131
mod6: just like zooooooooom
ThickAsThieves: ;;asks 149
gribble: There are currently 6271.479 bitcoins offered at or under 149.0 USD, worth 865227.350584 USD in total. | Data vintage: 0.0010 seconds
mod6: ;;asks 250
gribble: There are currently 19338.039 bitcoins offered at or under 250.0 USD, worth 3212573.62477 USD in total. | Data vintage: 7.0612 seconds
ThickAsThieves: ;;bids 0
gribble: There are currently 41029910 bitcoins demanded at or over 0.0 USD, worth 9741936.25613 USD in total. | Data vintage: 7.8355 seconds
jurov: morning! yes, it's cause i'm selling some...price blows up immediately after :)
mircea_popescu: https://twitter.com/Mircea_Popescu/status/319333218493005825
mircea_popescu: all i got to say
taub: afraid you'll have to eat a big loss again?
ThickAsThieves: is it possible for something to be oversold and overpriced?
taub: sexy background pic lol
mircea_popescu: ThickAsThieves yes.
ThickAsThieves: whats that mean?
mircea_popescu: taub not even. affraid we'll end up with a rehash of the runup to 30
ThickAsThieves: for it to be both
mircea_popescu: ThickAsThieves mania.
taub: well that's gonna happen eventually
ThickAsThieves: hah thats exactly the only word i could come up with earlier
mircea_popescu: taub death is also going to happen eventually.
assbot: [BTCTC] [ASICMINER-PT] 12 @ 0.779998 = 9.36 BTC [+]
taub: trends dont go on for forever usually
mircea_popescu: this is basically the worst attack on bitcoin from the very people bitcoin is here to slaughter.
taub: even fiat flucutates against each otehr a ton
mircea_popescu: the sheeple following trends are doing a "we follow baaa baaaa" number on bitcoin
mircea_popescu: it's working so far ;/\
ThickAsThieves: its on regular news now, not just online or tech news
taub: signs to get out prolly
ThickAsThieves: people dont care the price
taub: or watch for big reversals
mod6: yeah. everyone and their grandma wants btc
taub: hold on to your hats
ThickAsThieves: if they are just buying in now, and amateurs, price is meaningless
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 219.524796 seconds. During this time, light travels 0.439925233262 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009832 = 0.0983 BTC [-]
assbot: [BTCTC] [BTC-BOND] 90 @ 0.009831 = 0.8848 BTC [-]
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 113.58
assbot: [BTCTC] [BTC-BOND] 691 @ 0.009831 = 6.7932 BTC [-]
assbot: [BTCTC] [BTC-BOND] 109 @ 0.00983 = 1.0715 BTC [-]
ThickAsThieves: need sleep, nite
mircea_popescu: taub yeah totally.
taub: tbh i thought 93 was gonna be the big one
taub: not quite there yet it seems
assbot: [HAVELOCK] [KCIM] 1 @ 1.188 BTC [+]
mircea_popescu: heh
assbot: [HAVELOCK] [VTX] 7 @ 0.431 = 3.017 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.33300001 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.333 = 2.997 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.322 = 0.966 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3200001 BTC [-]
assbot: [HAVELOCK] [SDICE] 49 @ 0.32 = 15.68 BTC [-]
assbot: [HAVELOCK] [VTX] 11 @ 0.431 = 4.741 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779998 BTC [+]
mod6: we're gonna find out just how worthless USD really is
assbot: [BTCTC] [BTC-BOND] 999 @ 0.00983 = 9.8202 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.479966 BTC [+]
jurov: also, tits.
jurov: (,)(,)
mod6: haha. those are some crazy nipples j
bgupta: is there an FAQ for the options?
jurov: bgupta, i put a cheatsheet here: https://www.bitcoinforum.com/coinbr-com/call-option-calculation/msg2445/#msg2445
jurov: and also https://bitcointalk.org/index.php?topic=67302.0 (but the opening of position is now done differently)
bitesak: bgupta, and a nice overview of all options available: https://docs.google.com/spreadsheet/ccc?key=0AvwwyRGyc1WgdGxfRk5SS0hxT1lsVmdLdU1QY0RveGc#gid=6
taub: 140 lel
taub: hysteria
bgupta: are options for .1 btc?
taub: 1
taub: settled in bitcoins tho
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 134.03707, Best ask: 136.50000, Bid-ask spread: 2.46293, Last trade: 136.50000, 24 hour volume: 99269.33772735, 24 hour low: 100.15000, 24 hour high: 136.75381, 24 hour vwap: 115.26807
Diablo-D3: are you fucking shitting me?
taub: whut
bgupta: so O.USD.C101T is call to buy at 101? why is the bid/ask range .19xxx-0.272xxx?
taub: oh good it wasnt at 140 then, the cli display shows it at 140
mircea_popescu: le wow.
bgupta: it was 140
jurov: yes. and the spread is generally because of the risk involved
taub: bgupta: just multiple it by the 24h price
taub: ;;24hp
gribble: Error: "24hp" is not a valid command.
jurov: $avg
mpexbot: jurov: 114.54
taub: whatever the command is
jurov: ^that
taub: :)
bgupta: Ah % price
bgupta: a lot of these don't have a bid or an ask.
bitesak: ;;asks 1000
gribble: There are currently 27760.159 bitcoins offered at or under 1000.0 USD, worth 8382539.9052 USD in total. | Data vintage: 67.0005 seconds
bitesak: ;;asks 250
gribble: There are currently 17686.764 bitcoins offered at or under 250.0 USD, worth 3057767.60599 USD in total. | Data vintage: 0.0007 seconds
bgupta: ah there we go, a refresh later and everything has bids and asks
jurov: bgupta, it's the MPOE bot, sometimes it leaves for a while
jurov: smoking pause or whatever
bgupta: heh ok.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.779998 = 1.56 BTC [+]
bgupta: I find it odd that the counterparty is a bot.
bgupta: however, I believe I understand why..
bgupta: need a market maker, to facilitate trade, and there aren't enough humans writing options
bgupta: N vs T?
bgupta: CurrenT, Next?
bgupta: (month)
jurov: yes
mircea_popescu: everybody : please promote http://trilema.com/2013/people-bitcoin-is-not-worth-100-dollars-per-stop-buying/ on whatever social media etc.
mircea_popescu: i know it's a bitter pill, but seriously... we'll end up fucked.
fdas: but you were talking about only $100 btc :P
jurov: http://www.reddit.com/r/Bitcoin/comments/1bkpvy/people_bitcoin_is_not_worth_100_dollars_per_stop/
fdas: NOW it's different
taub: https://dl.dropbox.com/u/6911896/topfishin.png maybe something cute
mircea_popescu: fdas ya well...
jurov: but not even satoshi can stop it this time
mircea_popescu: jurov i guess not.
mircea_popescu: can't sit and not say anything.
mircea_popescu: "all it takes for stupidity to succeed" and all that.
jurov: yes. and mpex deposits, please :)
mircea_popescu: a yes
assbot: [BTCTC] [ASICMINER-PT] 49 @ 0.779998 = 38.2199 BTC [+]
mircea_popescu: and flushed.
mircea_popescu: lol hide my pc appspot ?
assbot: [MPEX] [O.USD.C110T] 100 @ 0.26204127 = 26.2041 BTC [+]
jurov: sry that's proxy i use to read trilema
jurov: http://www.reddit.com/r/Bitcoin/comments/1bkq2p/people_bitcoin_is_not_worth_100_dollars_per_stop/
jurov: fixed
assbot: [MPEX] [O.USD.C125T] 100 @ 0.1998944 = 19.9894 BTC [+]
dub: mircea_popescu: yeah its $150 per
mircea_popescu: yes well...
taub: asks are getting made love to
assbot: [MPEX] [O.USD.C155T] 400 @ 0.11821909 = 47.2876 BTC
Schadenfreude: Judging by that momentum it's going to pop sooner than later
taub: yea...
taub: and my coins are in limbo between btce and mtgox
taub: :[
Schadenfreude: I already made 500% profit and am all out watching for it to crash
taub: haha
Schadenfreude: Could've been more, but I'm not a gambling man
taub: all those people that had to get verified and wathced it soar the last week
taub: are now desperate
Schadenfreude: 250>1350ish€ seems great, no?
Schadenfreude: Which will make some sweet dividends once I put it into BTC-securities in a more rational market
taub: 1350 coins?
Schadenfreude: Sadly not, euros as in €
taub: why not focus on accumilating coins
taub: so, buy back in after crash ;)
taub: what if we go to 200 today, then we're def fucking goin down hard
Schadenfreude: Was my main plan
assbot: [MPEX] [O.USD.C185T] 95 @ 0.07377055 = 7.0082 BTC
taub: but we prolly reached at top, right here
taub: i wish i could sell right now
Schadenfreude: ;;ticker
gribble: BTCUSD ticker | Best bid: 141.00001, Best ask: 141.98998, Bid-ask spread: 0.98997, Last trade: 141.10100, 24 hour volume: 107422.54894605, 24 hour low: 102.00000, 24 hour high: 143.90000, 24 hour vwap: 117.47279
Schadenfreude: 150 might be psychologically significant enough
Schadenfreude: Could crah anytime though, last one popped at 31-33ish
taub: yup
Schadenfreude: What's more interesting is where it will go to after crashing, 10ish seems too low
bitesak: ;;asks 150
gribble: There are currently 5545.1177 bitcoins offered at or under 150.0 USD, worth 819419.244866 USD in total. | Data vintage: 81.4224 seconds
taub: 100-50
taub: my guess
taub: dont think we will go below 50 anytime soon
assbot: [HAVELOCK] [SDICE] 10 @ 0.321 = 3.21 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.32 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3180994 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.30000001 = 2.4 BTC [-]
Schadenfreude: Holy shit, somebody paid $10000 for 70 btc
assbot: [HAVELOCK] [SDICE] 5 @ 0.3 = 1.5 BTC [-]
bgupta: well one thing to perhaps look at is how btc traded after crossing 1USD and 10USD pyschological barriers. Haven't looked too closely yet.. as I'm pretty sure marekt conditions were quite different.
assbot: [HAVELOCK] [VTX] 12 @ 0.431 = 5.172 BTC [-]
bgupta: ;;bids 100
gribble: There are currently 21209.86 bitcoins demanded at or over 100.0 USD, worth 2410540.73085 USD in total. | Data vintage: 73.5523 seconds
assbot: [HAVELOCK] [HIM] 3 @ 1.93 = 5.79 BTC [-]
assbot: [HAVELOCK] [VTX] 21 @ 0.479955 = 10.0791 BTC [+]
bgupta: ;;bids 120
gribble: There are currently 5670.2757 bitcoins demanded at or over 120.0 USD, worth 740933.924797 USD in total. | Data vintage: 0.0049 seconds
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 145.50001, Best ask: 145.78998, Bid-ask spread: 0.28997, Last trade: 145.79000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690
Anduck: !ticker s.dice
assbot: The vision of Christ that thou dost see ... is my vision's greatest enemy.
Anduck: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00310001 / 0.00368235 / 0.00400173 (25821 shares, 95.08 BTC), 7D: 0.0031 / 0.00331583 / 0.00448 (718545 shares, 2,382.58 BTC), 30D: 0.00300001 / 0.00424531 / 0.006225 (1571439 shares, 6,671.26 BTC)
bgupta: so anyone remember when it ran from 10 to 30? I think the thing that popped it was the mtgox heist, no?
mircea_popescu: <Schadenfreude> What's more interesting is where it will go to after crashing, 10ish seems too low << i can tell you that the major players will inflict at least a 1/3 punishment to the lemmings putting price this high.
mircea_popescu: so nothing over 100 is going to get bought.
Diablo-D3: huh
Diablo-D3: hey mp
mircea_popescu: ello
Diablo-D3: whats a url for a profitability calculator
mircea_popescu: um. i have no idea. you're the miner neh ?
Diablo-D3: I could calculate it by hand but meh
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.78997 = 2.3699 BTC [+]
bgupta: ;;bids 95.7
gribble: There are currently 25483.015 bitcoins demanded at or over 95.7 USD, worth 2825225.0196 USD in total. | Data vintage: 0.0062 seconds
bgupta: ;;bids 50
gribble: There are currently 87921.054 bitcoins demanded at or over 50.0 USD, worth 7578933.5071 USD in total. | Data vintage: 12.7352 seconds
bgupta: ;; bids 0
gribble: There are currently 41207088 bitcoins demanded at or over 0.0 USD, worth 10375480.9223 USD in total. | Data vintage: 26.0924 seconds
bgupta: ;;asks 155
gribble: There are currently 5051.1155 bitcoins offered at or under 155.0 USD, worth 756571.619693 USD in total. | Data vintage: 58.6891 seconds
taub: mtgox in a perpetual state of lag haha
taub: now its not even enough to predict future prices, you also have to predict current ones when you entry
taub: rofl
bgupta: how does trading even function with lag?
assbot: [MPEX] [S.MPOE] 15600 @ 0.0006815 = 10.6314 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00068372 = 6.8372 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00068373 = 3.4187 BTC [+]
taub: what do you mean
assbot: [MPEX] [S.MPOE] 6000 @ 0.00068777 = 4.1266 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.771 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]
bgupta: lag means you don't know trades were executed until some time in the future?
taub: well, it means that the orderbook you are seeing right now is 3 minutes old
taub: or
taub: if you send an order now, it will take the lag time until it shows on the orderbook
bgupta: damn 5:45 and growing
bgupta: wonder if that is people selling?
taub: 5:45?
saulimus: watch for the drop
bgupta: | Lag: 6:12.618
taub: oh, ya
taub: i havent found out the correlation
taub: except volatility
bgupta: mpex bots seem to shutdown when there is lag?
mircea_popescu: bgupta not rly.
taub: seems like my lag theory was correct
taub: from couple days ago
mircea_popescu: the bot puts them in the book with an expiration time
taub: book getting spammed with 0.01 orders
mircea_popescu: sometimes that comes a little (like, seconds) before the bot gets to put the new set in
mircea_popescu: on the other hand if the bot can't get price feed it won't quote
bgupta: Lag crosse 7:00
taub: its happening
taub: ;;ticker
gribble: BTCUSD ticker | Best bid: 140.22000, Best ask: 141.00100, Bid-ask spread: 0.78100, Last trade: 140.22000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690
pizzaman1337: yeah, big drop it seems
pizzaman1337: could have just been one sell though
pizzaman1337: too much lag to tell...
taub: now in 7 minutes lets see what happens then
taub: fuck, my funds arrived, but just a tad too late
bgupta: ;;la
gribble: Error: "la" is not a valid command.
bgupta: ;;lag
gribble: Error: "lag" is not a valid command.
bitesak: goxlag
dub: ;;goxlag
gribble: MtGox lag is 468.536678 seconds. During this time, light travels 0.938942256714 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
bgupta: taub, too late too sell?
mircea_popescu: lmao
mircea_popescu: nanotube ^
bgupta: or too late to buy puts?
taub: well, too late to catch this particular move that just happend
bgupta: via coins or options?
taub: i'm confident i'll get my fill still in the next 7 mins, the order got sent before the big drop
bgupta: options bots weren't quotin
taub: i dont trade options
bgupta: ahh.
taub: okay now it goes down further, :( bummer
bgupta: how can you tell?
bgupta: carkmoody seems stuck
taub: not for me
mircea_popescu: http://bitcoincharts.com/charts/ yup it's down
bgupta: 141/142 range?
taub: do you got linuix?
bgupta: or lower?
taub: best bid is 139.9
pizzaman1337: ;;goxlag
gribble: MtGox lag is 563.040692 seconds. During this time, light travels 1.12832724265 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
taub: http://prof7bit.github.com/goxtool/ this is good too
bgupta: Lagbets heh
bgupta: ;;bids 140
gribble: There are currently 0 bitcoins demanded at or over 140.0 USD, worth 0.0 USD in total. | Data vintage: 0.0043 seconds
bgupta: ah there it goes
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 138.83060, Best ask: 143.19999, Bid-ask spread: 4.36939, Last trade: 138.83060, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690
bgupta: really wide spread
mircea_popescu: dude i'm so impressed. the market listened. thank you!
bgupta: mircea_popescu: You want it back to 95?
mircea_popescu: no. i just don't want it to bubble.
dub: ;;goxlag
gribble: MtGox lag is 521.994696 seconds. During this time, light travels 1.04607152624 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
TradeFortress: love the new gribble text.
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 132.15805, Best ask: 139.00000, Bid-ask spread: 6.84195, Last trade: 139.00000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690
bgupta: 132 <-> 139
bgupta: must be midnight somewhere
dub: its not accurate
dub: no trades have been placed for 10 minutes
dub: ;;bcstats
gribble: Current Blocks: 229457 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 366 blocks | Next Difficulty In About: 2 days, 1 hour, 20 minutes, and 53 seconds | Next Difficulty Estimate: 7768579.67908 | Estimated Percent Change: 16.02123
assbot: [MPEX] [S.MPOE] 7600 @ 0.00068777 = 5.2271 BTC [+]
mjr_: wow
mjr_: this is fun
bgupta: is it goxlag understood, and perhaps fixable by the exchange?
mjr_: lol
mjr_: of course its fixable
mjr_: these are solved problems
bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 133.28100, Best ask: 136.99000, Bid-ask spread: 3.70900, Last trade: 136.99000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690
mjr_: there is a global forex market where trillions of dollars are traded every day
bowjob: ;;goxlag
gribble: MtGox lag is 311.754968 seconds. During this time, light travels 0.624753465289 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
mjr_: and they don't wait 5 minutes for an order
bowjob: crash
bgupta: Bowjob you referring to price or the functionality of mtgox ;)
mjr_: you gotta love how wide this spread is
bgupta: sigh for most of that apike and drop mpex bots weren't quoting..
mircea_popescu: <mjr_> lol <<< this.
mircea_popescu: bgupta http://bitcoincharts.com/charts/ was offline.
bgupta: ahh...
mircea_popescu: now i see "invalid symbol"
bgupta: still getting 502 but quotes did come back..
bgupta: at least a min ago they were there
mjr_: i was mostly joking about 188 calls...
mjr_: and being limited by 200 strike
mircea_popescu: bgupta it probably managed to pull one.
mjr_: ;;ticker
gribble: BTCUSD ticker | Best bid: 132.10000, Best ask: 132.80000, Bid-ask spread: 0.70000, Last trade: 132.80000, 24 hour volume: 113914.00406253, 24 hour low: 103.59000, 24 hour high: 147.00000, 24 hour vwap: 119.79724
mjr_: 24 hour volume: 113914.00406253
pingec: ;;goxlag
gribble: MtGox lag is 76.788317 seconds. During this time, light travels 0.153882927503 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
mjr_: buy wall at 130
bgupta: lag spiking again
ChaangNoi: nice
ChaangNoi: ;;asks 150
gribble: There are currently 11975.009 bitcoins offered at or under 150.0 USD, worth 1746325.8334 USD in total. | Data vintage: 100.2402 seconds
ChaangNoi: ;;bids 100
gribble: There are currently 20939.625 bitcoins demanded at or over 100.0 USD, worth 2330617.2525 USD in total. | Data vintage: 102.0011 seconds
assbot: [MPEX] [S.MPOE] 1400 @ 0.00068777 = 0.9629 BTC [+]
assbot: [MPEX] [S.MPOE] 10250 @ 0.00069537 = 7.1275 BTC [+]
mjr_: did they close the SA thread?
ChaangNoi: ltc near $5 lol
TradeFortress: kinda surprised LTC is so affected by btcusd
ChaangNoi: i think its just funny it went up like 10,000% in 2 months or so
bgupta: ltc spiked on mtgox rumors, that's all I think
ChaangNoi: moe than just rumors
ChaangNoi: more*
bgupta: well, tux said it would be easy to do, but didn't say he would.
ChaangNoi: once gox lists it, it should trade in the 1/10th to1/5th of btc price
bgupta: SOunded positive for it happening though
ChaangNoi: he said he was not ready to say when "soon" would be
bgupta: I wish he would fix the broken shit, before adding litecoin
dub: its not a rumour anymore
dub: gox is rolling out ltc/nmc 'soon'
bgupta: ah which accounts for the selloff
dub: check topic in #mtgox
ChaangNoi: nmc too? lol
dub: I suggested that maybe the concentrate on supporting btc first
bgupta: ltc I sorta get. nmc, seems kinda sily.
ChaangNoi: i just sold 900 nmc lol and now its way way up
bgupta: next they'll be doing devcoin
dub: nmc does a lot more than ltc
TradeFortress: bgupta, source
TradeFortress: ?
TradeFortress: devcoin d oes not align with profits.
ChaangNoi: he is kidding
bgupta: that was sarcasm
TradeFortress: lol ok.
dub: BTE us bext
dub: next*
mircea_popescu: <ChaangNoi> once gox lists it, it should trade in the 1/10th to1/5th of btc price << eh get out.
ChaangNoi: want to make a bet? :)
mircea_popescu: go aheasd
ChaangNoi: like 1 month after the list it
ChaangNoi: they
TradeFortress: eh no
ChaangNoi: it should be in that range
ChaangNoi: oh lol
TradeFortress: people hear about bitcoin in the news, not litecoin
bgupta: I think the point being that if litecoin gets listed it will be in the news too
ChaangNoi: 1/10 ltc only needs to go up to $13
bgupta: 3 x
ChaangNoi: yeah, just wait.. 250% for ltc is nothing
ChaangNoi: it just went up 10,000%
mircea_popescu: well basically... if that happens ltc is fucked
mircea_popescu: i don't much care either way.
bgupta: is lag a constant thing?
bgupta: never really paid close attention
TradeFortress: bgupta, yup gox has a history of lag
dub: pretty much
mjr_: i love the new au feature of goxlag
ChaangNoi: ltc is fucked? how so
bgupta: So is 147 the all time and foreever new high for btc?
assbot: [BTCTC] [B.YABMC] 1 @ 0.01201 BTC [+]
assbot: [BTCTC] [B.YABMC] 9 @ 0.012 = 0.108 BTC [-]
mircea_popescu: carniwhore = girl who puts out for carnations.
TradeFortress: just wait till ltc gets more transactions
mircea_popescu: bgupta no. but for 2013 hopefully.
TradeFortress: you'd see all the "LTC is faster!" guys complain that their TX isn't making it into a block
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.14301 BTC [-]
bgupta: is mtgox the main place to do fiat/btc trading? (I know they have like 70% or something, but they have wierd transfer limits and stuff.
TradeFortress: bgupta, they have the biggest orderbook iirc, but not the only place obviously
bgupta: is that where people in this channel trade?
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.143 BTC [-]
TradeFortress: bgupta, no, this is bitcoin assets
TradeFortress: #mtgox
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1421 BTC [-]
mircea_popescu: bgupta they had something like 70% a year ago.
mircea_popescu: atm they're struggling to keep a third.
bgupta: what''s the next biggest, or is it really ditributed?
assbot: [BTCTC] [GSDPT] 124 @ 0.00362 = 0.4489 BTC [-]
bgupta: guessing we all still follow gox since they are still the biggest?
mircea_popescu: kinda distributed
TradeFortress: well I do.
bgupta: IE: options are priced against gox
mircea_popescu: options are priced against all exchanges.
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 128.93917, Best ask: 129.80000, Bid-ask spread: 0.86083, Last trade: 128.93917, 24 hour volume: 119765.32170538, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69408
mircea_popescu: gox is about 70% of that.
mircea_popescu: the exchange market is roughly half tho, otc is pretty big
mircea_popescu: and then there's the private traders
TradeFortress: OTC usually relies on gox price.
mircea_popescu: only for small trades.
TradeFortress: And then there's the FastCash4Bitcoins and Bitcoins Direct
bgupta: sure but those are like gox +/- XX%, no?
bgupta: private traders, sounds interesting..
mircea_popescu: but yes, mtgox does have an overextended and unjustified impact on price formation.
bgupta: like street trading?
mircea_popescu: if that's what you were asking
bgupta: kinda was.
mircea_popescu: i don't know what street has to do with anything ?
bgupta: for a site that is prety broken..
mircea_popescu: private as in i know about it, you don't.
mircea_popescu: private.
bgupta: well, it's like otc, not an exchange.
bgupta: but not in channel
mircea_popescu: <mircea_popescu> the exchange market is roughly half tho, otc is pretty big <<<
bgupta: I imagine that folks that need to move large amounts don't use standard gox
mjr_: it looks like there aer some big fish getting in
mjr_: the volume is very high
mjr_: ;;bids 0
gribble: There are currently 41180994 bitcoins demanded at or over 0.0 USD, worth 10343612.1046 USD in total. | Data vintage: 0.0109 seconds
mircea_popescu: was about 10mn for a while neh ?
mjr_: bugpowder would be happy with those numbers
ChaangNoi: a lotof btc transactions happen outside of an exchange, ihave not use an exchange in well over a year (other than btc-e for ltc)
mjr_: yeah, the bitcoin atm will prob do very well at extending that trend
bgupta: I don't plan to use btc/fiat echanges any time soon, at least not gox.. as I'm in US and the whole rcoinlab thing seems a shame
mjr_: bgupta: why?
mjr_: also, bitfloor is in the US
bitesak: ;;goxlag
gribble: MtGox lag is 119.238373 seconds. During this time, light travels 0.238952364433 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
mjr_: and so far its been good to me, though YMMV
bgupta: well as soon as I convert to fiat, it's subject to trading taxes.. and coinlab reports.
mjr_: that's why i said bitfloor
mjr_: AND...it is worth paying taxes if the money is right
bgupta: at least from my current reading of the rules… staying in btc means that I am not subject to taxes.
bgupta: I was actually wondering if it would work to setup a subsidiary of a US company to do the trading.. and report the profits overseas in a low tax environment.
mjr_: mircea_popescu: you were one of the first to offer financial company news over twitter, lol SEC agrees
bgupta: (Assuming there are profits of course)
mjr_: oh yes of course
mjr_: i meant use exchanges to move from fiat to btc
mjr_: which is usually the bottleneck
mjr_: ;;ticker
gribble: BTCUSD ticker | Best bid: 131.00000, Best ask: 131.05362, Bid-ask spread: 0.05362, Last trade: 131.00000, 24 hour volume: 119771.38207326, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69450
mjr_: ;;calc 120.69450 * 119771.38207326
gribble: 14455747.0736
mjr_: 14 mill in last 24 hours...
mjr_: ;;calc 14455747 * .006
gribble: 86734.482
mjr_: not a bad day for gox
mjr_: maybe lag is a feature not a bug?
mircea_popescu: mjr_ hm ?
bgupta: so how common is bitcoincharts crashing?
bgupta: (It kinda shuts down options trading to some extent)
assbot: [HAVELOCK] [SDICE] 1 @ 0.35499999 BTC [+]
bgupta: timing kinda sucked this AM
mircea_popescu: its more common than it should be.
assbot: [HAVELOCK] [SDICE] 2 @ 0.35499999 = 0.71 BTC [+]
taub: i find short term option plays difficult anyway
bgupta: damn it's down again
taub: and i dont think they can be used like that right now
mjr_: http://www.foxbusiness.com/government/2013/04/02/sec-social-media-ok-for-company-announcements/
taub: they are too expensive, and orient themselves on the average price over the last 24h
mircea_popescu: a lol
taub: so, maybe for mid to longer term speculation
bgupta: mircea_popescu: Do you find bitcoincharts down a lot or is this unusal?
mircea_popescu: they were down for two days straight at some point.
bgupta: no better quote source that's more stable?
mircea_popescu: while the guy had some sort of emotional breakdown
mircea_popescu: not afaik, at least yet. maybe emerging.
mircea_popescu: it's a pointless dog to chase atm, we have much bigger problems
bgupta: too much new money?
bgupta: goxlag.
mircea_popescu: for instance. broken code, delusive geeks, mtgox going down
mircea_popescu: bunch of security breaches
Schadenfreude: Security breaches? Like Instawallet?
mircea_popescu: the newsfeed going down in all this is cosmetic, what's the value of it being up if gox lag is on the 1.2AU level ?
bgupta: delusive as in deceitful?
mircea_popescu: Schadenfreude and the brazil thing
mircea_popescu: and the whatever else
mircea_popescu: bgupta nu, like hallucinating.
bgupta: ah, the english word I would use is delusionary.. delusive, is more like deceitful.
mircea_popescu: i am aware.
Schadenfreude: Brazil thing?
mircea_popescu: take the recent fork disaster. it being passed off as a great success, what's that ?
mircea_popescu: claiming miners vote and thus there's legitimity, what's that ?
mircea_popescu: getting darned close to the line.
mircea_popescu: Schadenfreude http://trilema.com/2013/and-another-one-bites-the-dust-mercado-bitcoin/
Schadenfreude: Thanks
bgupta: eh, they dodged a bullet, (IE: were lucky) and Bitcoin foundation chief made losing fork folks whole. And they figured out how to avoid issue in future.
bgupta: I supose it has it's bad and good. broken code got fixed… bad that broken code existed for so long, even though people knew about it
bgupta: the loss of distributed mining is a big issue
bgupta: (I agree with you there)
mircea_popescu: Schadenfreude iof we believe the frenchies (ie, no funds lost) then the brazil thing is way weorse.
mircea_popescu: bgupta you don't follow.
TradeFortress: mircea_popescu, add bitcoinrain to the mix
mircea_popescu: the longer chain was sunk by collusion between people. this is hallmark centralisation.
mircea_popescu: TradeFortress i missed that one ?
TradeFortress: it's operated by the same guy
Schadenfreude: Any estimate on how much money was lost in the brazil incident?
TradeFortress: strangely how it went down after me & a few members requested large withdrawls.
mircea_popescu: Schadenfreude probably in the millions from what people were saying. no idea.
mircea_popescu: TradeFortress ah
mircea_popescu: bgupta i agree that a correctly functioning bitcoin would have been fucked in that situation, and so "good" that it was broken.
TradeFortress: srsly, "You will get the bitcoins tommorow", tommorow -> site down, 'hacked'
mircea_popescu: buyt this doesn't change the fact that it's broken.
mircea_popescu: tsk.
mircea_popescu: suspicious this
mircea_popescu: how large is large TradeFortress ?
TradeFortress: about 400 btc total was the withdrawls I know of, but I'm not sure how much coins were lost in bitcoinrain
mircea_popescu: wait
mircea_popescu: was this rain thing some sort of ponzi ?!
bgupta: mircea_popescu: You are correct I don't understand.. I only understand the technical issue with the fork, not the economic or social implications.. is there a more theorough analysis out there?
mircea_popescu: not really, i guess.
mircea_popescu: but logically thinking : bitcoin is sold as being decentralised, right ?
assbot: [MPEX] [S.MPOE] 3900 @ 0.00069537 = 2.7119 BTC [+]
mjr_: collusion is not the same as centralization though the effects can be similar
mircea_popescu: explain this difference ?
troc: the colluding parties are still separate entitites, and may not collude in perpetuity ?
mircea_popescu: a, yes. my statement above suffers.
mircea_popescu: the case was quite plain central planning : devs said do x, pool op did x.
mjr_: yes, that is the difference, but also...you could say that everyone buying bitcoins is "colluding" to raise the price, all our actions are working towards the same goal
mircea_popescu: same effect yes, same goal not really.
mjr_: or you could say that 51% of voters colluded to elect the candidate they prefer
mircea_popescu: mjr_ but to make that work in the case at hand, parish head told people to vote for x, they did.
mjr_: if the bitcoin foundation could have unilaterally negated the fork...centralization
mircea_popescu: is this democratic process iyo ?
mircea_popescu: mjr_ it's not they could have. they in fact did. (and not the bitcoin foundation either, that's an irrelevant little scam by now)
mjr_: well...the fact that the choice remained with them means that you may get centralization in effect, but not in cause
mircea_popescu: granted.
mircea_popescu: but it's still there.
mircea_popescu: you have to presume some choice was made. i have my doubts those heads were working.
mjr_: i just mean that you could have lobbied for the longer chain...or miners who wanted to continue that path could have
mircea_popescu: the btc guild guy made a choice that cost his miners ~1-2k btc
mjr_: so in the end, whoever can convince the most people will change the course of history...par for the course
mircea_popescu: this is irrational on the face.
mjr_: well, i agree
mircea_popescu: right.
mircea_popescu: so it still doesn't escape the central planning issue.
mjr_: but i think they took into account the fact that a fork could have damaged their long term gains into account
mircea_popescu: a move was made that was irrational.
mircea_popescu: how do you know this to be the case ?
mircea_popescu: maybe they were just sheepishly following ?
mjr_: i don't know, they could have been sheepishly following
mircea_popescu: right.
mjr_: but that is their choice
mjr_: to follow
mircea_popescu: so it's a problem, all i'm sayin'.
mjr_: and they earn the right to do so by having the mining power
mjr_: oh i agree its a problem
mircea_popescu: i am not disputing their right here.
mircea_popescu: i am just trying to delineate the heavier problems we face,
mircea_popescu: kinda where discussion started
mjr_: but at the end of the day, "the market decides" and it decides to follow gavin i guess
mircea_popescu: except it wasn't the market,
mircea_popescu: and it wasn't even the miners
mircea_popescu: it was two doods.
mjr_: yes
mjr_: and everyone who chooses to use a pool
mjr_: specifically that pool
mircea_popescu: except nobody chooses to use a pool
mircea_popescu: everyone uses a pool because that's what you do
mjr_: you can solo mine...
mircea_popescu: there's a lot of weakness baked in at all junctures.
bgupta: well you can chose a particular pool...
mjr_: now with asics i think you will see more solo mining
mircea_popescu: bgupta except there's no really distinct ones.
mjr_: at least i hope
mircea_popescu: mjr_ perhaps.
troc: even reddit is aware of the dangers of too few and big pools
bgupta: and when deepbit got close to 50% a bunch of miners left
mircea_popescu: obviously as market matures, idiots get pushed out, more money more competence etc stuff will improve.
mjr_: also...at the end of the day, miners, and all bitcoin users do rely on the software used to run the network
mircea_popescu: but that doesn't change what things are yet.
fdas: ;; ticker
gribble: BTCUSD ticker | Best bid: 137.10522, Best ask: 137.98997, Bid-ask spread: 0.88475, Last trade: 137.98997, 24 hour volume: 119771.38207326, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69450
mjr_: so if someone releases something that is obviously borked
mjr_: not that this was the case
mjr_: i thought the roll back was stupid...why go to the incorrect chain
mircea_popescu: mjr_ i don't think they had a choice tbh.
mjr_: why not force old version to upgrade
mjr_: well...i think there is always a choice, but i also think most are too stupid to make one, but no choice is a choice
mjr_: a choice for the status quo
mjr_: i wonder...what would have happened if they hadn't...hard to tell at this point
TradeFortress: so tons of drama over betsofbitco.in marking BFL shipping apr 1 as draw :P
ChaangNoi: mp btc guild pays for orphand blocks, he lost the 1k oins not the miners
mjr_: well, they tried to game the system
mircea_popescu: ChaangNoi doesn't change much in the equation
TradeFortress: ChaangNoi, didn't gmaxwell or gavin donate it?
TradeFortress: to pools affected.
mircea_popescu: (and gavin paid him iirc anyway - moar central planning nonsense()
TradeFortress: central planning from his own coins so.
mircea_popescu: TradeFortress draw ? how is it a draw ?!
mjr_: TBH i think that most people cannot face this brave new world
TradeFortress: mircea_popescu, I'm guessing owner bet a lot of coins on them shipping.
ChaangNoi: i was not picking a side here, just correcting what was said
mjr_: and we will see banks that use bitcoins, deposit insurance, chargebacks etc
mircea_popescu: TradeFortress ok but it creatges this pernicious "listen to us and we'll insulate you ferom marketplace effects". it's how clinton destroyed the us banking sector
mircea_popescu: "lend to black people no matter what"
mjr_: lol
mircea_popescu: now the dems don't want to sell their own houses wives and daughters to pay for it
mircea_popescu: cause ... why, right ?
mjr_: hey, you can ask me to lend to whoever you want...if i do it...my fault
mircea_popescu: TradeFortress nasty shit.
mjr_: if you force me, your fault
mircea_popescu: kakobrekla ^ check it out lol
mircea_popescu: mjr_ what if i tell you that
bgupta: mpoe bots base prices on 24 hour moving average?
mjr_: no force in btc, acquiescence but not force
mircea_popescu: a. i am your regulator, if you don't i'll fuck you with my nonsensical regulations
mircea_popescu: and b. if you do do it i will insulate you from market downturn
mircea_popescu: ?
mircea_popescu: bgupta yes
mjr_: does that not change the payout spectrum in your favor to do it
TradeFortress: mircea_popescu, that is a problem when there's really only one bitcoin client
TradeFortress: what would have happened if not everyone used satoshi client
mircea_popescu: TradeFortress very much so.
ThickAsThieves: $avg
mpexbot: ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information.
TradeFortress: answer: nothing would have happened, 10% of the users would be unable to trust transactions until they upgrade.
mjr_: in the future that will happen...but you will still have issues where people rely on software and are beholden to the developers of said software
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 135.50000, Best ask: 135.84774, Bid-ask spread: 0.34774, Last trade: 135.30003, 24 hour volume: 119771.38207326, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69450
TradeFortress: mjr_ I still don't like how I can't use v0.3 or something. and not be able to get on the bitcoin network
pizzaman1337: ;;bc,24hprc
bgupta: TradeFortress: bitcoincharts are down so bots can't quote
gribble: Error: Failed to retrieve data. Try again later.
TradeFortress: Oh joy.
pizzaman1337: :(
mjr_: TradeFortress: you can create your own version that gives you what you like about v3 and make it compatible...this is my point, software is not a right
TradeFortress: mjr_ backward compatibity should be a right IMO
TradeFortress: I can send emails fine using ancient software.
jurov: ;;calc 0.00068373*150
gribble: 0.1025595
jurov: s.mpoe at $0.01 already
jurov: er.. $0.1
jurov: what about bet when it reaches dollar parity? lol
mjr_: TradeFortress: i agree...but in a capitalistic sense, you can choose what people offer or make your own, i think for long term adoption backward compatiblity is of course necessary
assbot: [HAVELOCK] [SDICE] 1 @ 0.35499999 BTC [+]
mjr_: but this cuts to the core of my point, everyone relies on software developers, unfortunately the software doesn't spring fully formed from the sea foam
TradeFortress: mjr_, unless, rpc standard
TradeFortress: who cares what software you use
mjr_: TradeFortress: true, and i think that should be where it goes
mjr_: but even so, someone releases their version and it works until it doesn't...issues arise and people vote with their feet and dollars
mjr_: its survival of the fittest, but that doesn't always mean pure ideas, that can mean influence
troc: hmm at least SMTP has rfcs, suppose we are rehashing what was said after the fork.
mjr_: VHS was more fit than BetaMax, even though it was worse as a technology
mjr_: from my perspective, what survives is what should have survived, a little tautological i know, but that is how the world works
mjr_: the victors write the history books
Bugpowder: heh
Bugpowder: I thought it got crazy before I went to bed
mjr_: lol Bugpowder: you set them at 119 or 117?
Bugpowder: I sold some at 121 and 123
Bugpowder: oope
mjr_: nice
Bugpowder: mpoebot is down?
mjr_: yes
mjr_: cuz bitcoincharts is down
pizzaman1337: it'd be nice to have some kind of backup
Bugpowder: well
pizzaman1337: you can almost ddos mpex just by ddos'ing bitcoincharts
Bugpowder: its probablybetter for mircea_popescu's wallet if it is down :-P
mircea_popescu: pizzaman1337 only the options :p
pizzaman1337: options get the most volume, don't they?
mircea_popescu: not really.
mircea_popescu: depends. last month i think they did yea
Bugpowder: this is rediccccc
ThickAsThieves: who is buying all these coins, yeesh
mjr_: thats whats weird
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 229470 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 353 blocks | Next Difficulty In About: 1 day, 22 hours, 48 minutes, and 23 seconds | Next Difficulty Estimate: 7770171.80365 | Estimated Percent Change: 16.045
mircea_popescu: running up again eh ? silly peoples.
mjr_: there is another goxlag that we don't measure quite as well
jurov: ThickAsThieves: http://www.reddit.com/r/Bitcoin/comments/1bkhj5/it_cant_be_daytraded/
jurov: it's probably fake but prolly not
mircea_popescu: http://bitcoinity.org/markets
mjr_: people who saw cnbc yesterday or the day before...they can't even get into gox for like 10 days maybe
mircea_popescu: the bid/ask volumes tho... lol
jurov: european exchanges could accept western union from the US ... hell, even cash in mail would be faster
mircea_popescu: jurov americans are insane about their little country.
mircea_popescu: would rather eat paper there than get out.
ThickAsThieves: we all knew bitcoin could hit meteoric rises
ThickAsThieves: its scary
bgupta: http://www.businessinsider.com/why-bitcoin-is-like-no-other-bubble-weve-seen-before-2013-4
jurov: meteors fall, not rise, I guess?
mjr_: lol that is a great point jurov
ThickAsThieves: oh geez
ThickAsThieves: i'll have to be more careful
mircea_popescu: haha what a turn lol
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 139.78888, Best ask: 140.00000, Bid-ask spread: 0.21112, Last trade: 140.00000, 24 hour volume: 122604.42532157, 24 hour low: 104.97500, 24 hour high: 147.00000, 24 hour vwap: 122.42927
troc: meteors do both, meteorites fall from an earth perspective.
troc: whats the mtgox queue like now ? >9k ?
Bugpowder: so when do the real holders start to cash out
ThickAsThieves: what happens if prices shoots to 200, and it just holds
ThickAsThieves: is this impossible?
Bugpowder: too many people with 100k of coins
jurov: lol, there's a deposit queue on coinbr, too
Bugpowder: 100k coins
Bugpowder: just waiting
mircea_popescu: Bugpowder the problem is they kinda don't want to.
mircea_popescu: this is a very dangerous non=participatory run-up by now
Bugpowder: I talked to someone that holds 100k last night
mircea_popescu: in that a bunch of noobs / "daytraders" in their own mind are cycling the same btc among each other at the exchanges
mjr_: "You need to be a special kind of an idiot to implement system as slow and fucked up as mtgox's." -reddit
Bugpowder: getting tempted of shaving of a bit
mircea_popescu: and when they finally panic they'll expect actual players to buy from them.
mircea_popescu: it won't happen over 100.
mircea_popescu: so basicvally... any dollar over 100 anyone pays on a btc is a dollar lost.
Bugpowder: argh
Bugpowder: I wish I was trusted
troc: depends on the assumption that it is sheeple day traders
mjr_: and it also depends on the demand dropping off way before the new adopters get in
mircea_popescu: demand is fueled by price increase expectation.
mjr_: yes
mircea_popescu: thus a classical bubble.
mjr_: yes
mircea_popescu: well... it won't work.
mjr_: but there are emergent phenomena
ThickAsThieves: ;;market --sell 100000
gribble: A market order to sell 100000 bitcoins right now would net 7998039.7682 USD and would take the last price down to 36.0500 USD, resulting in an average price of 79.9804 USD/BTC. | Data vintage: 0.0044 seconds
mjr_: and in this case bitcoin is so small that the fuel supply is huge
mircea_popescu: ^
troc: shame there are no stats mtgox demographic
mircea_popescu: mjr_ it's not really that huge.
mircea_popescu: all it takes is telling the few dozen people with money to stfu already.
mjr_: the entire world economy?
mircea_popescu: the reddit crowd of 50k people with 50 bux each is irrelevant.
mjr_: that is the fuel available
mircea_popescu: notrly
mjr_: how? everyone with fiat could buy bitcoins
mjr_: if they chose to
Bugpowder: I wish I had confidence that gox wont explode with my money
mjr_: now, as they learn more and more
mircea_popescu: mjr_ yeah. and every single guy could get a hot girl
mjr_: more may choose to
mircea_popescu: if he chose to.
mircea_popescu: except not how things work irl.
mjr_: not the same at all
mjr_: i have x amount of cash, i CAN buy a bitcoin
mircea_popescu: no you can't.
Bugpowder: fast cash is out
mjr_: how can i not buy a bitcoin? i guaranttee i can buy one right now
mircea_popescu: on what, coinbase ? :D
mjr_: no probably bitfloor or bitinstant
mjr_: within the hour...usually
mircea_popescu: you know what i mean.
mjr_: point being, the number of possible adopters is orders of magnitudes higher than current adopters
mircea_popescu: sure.
mjr_: so the possible new speculators is huge
mircea_popescu: but they don't have to all do it right nao
mircea_popescu: nor should they.
mircea_popescu: speculators are not adopters.
mjr_: and as it looks like a "sure thing" that number will increase
mircea_popescu: and retarded trend followers are NOT speculators.
mjr_: IMO whoever buys one has "adopted" it
mircea_popescu: that's too loose for this convo i think
mjr_: perhaps true
mjr_: but the point is this...critical mass
mircea_popescu: by that logic every time i pay a waitress i'm getting married
mjr_: huh? that doesn't follow
mircea_popescu: money changing hands does not necessarily reflect any sort of adoption
mjr_: i now own a bitcoin...i am a part of the bitcoin economy
mircea_popescu: arguably.
mjr_: i can sell immediately
mjr_: i may not be a long term believer
mircea_popescu: so then what have you adopted ?
mircea_popescu: mtgox ?
mjr_: its like ants and brains
mjr_: from this low level base speculation
mjr_: ecnomies of scale form and emerge
mircea_popescu: economies of scale are a property of production
mjr_: phenomena where things that weren't possible become possible
mircea_popescu: that has nothing to do with financial speculation.
mjr_: for exapmle, i'm western union...i can't move any signifigant amount of money over btc network
mjr_: oh wait, now i can...adopt
mjr_: furthering the rise
mjr_: and creating a platform for the next person to see that it now makes sense for them
mircea_popescu: the market cap hasn't been the limiting factor since mid feb.
mjr_: well...we have seen bitpay process 5 million dollars in one month
mircea_popescu: i understand what you're saying but i think you're focusing on relatively small signals
mircea_popescu: whereas there's much larger ones painting a diff picture.
mjr_: and i agree...i'm just saying that this is the network effect in action
mircea_popescu: not really.
mjr_: every person buying one bitcoin not only gets one bitcoin they also create a positive externality
mircea_popescu: this is just a bunch of poor and desperate people who are unemployed and stuck with their computer in a barely furnished apartment
mircea_popescu: hoping they've finally found the way out of the hole.
mircea_popescu: it is not that.
mjr_: irrelevant
mjr_: like saying every person who works a minimum wage job is not part of US economy
mircea_popescu: not really.
mjr_: they are not a large part, but as a group they make up a large portion
mircea_popescu: that's not the point tho. the point is that people are buyingsomething they can't afford and haven't researched on the unfounded hope that it will "go up more".
mircea_popescu: this will fuck them over.
Bugpowder: ;;bids 0
gribble: There are currently 41174385 bitcoins demanded at or over 0.0 USD, worth 10050755.7489 USD in total. | Data vintage: 0.0106 seconds
mircea_popescu: there is no point discussing events and externalities and whatever else. fuck them over, it will.
mjr_: i agree
mircea_popescu: now that aside, higher mkt cap is great, sure.
mjr_: but this is what i was saying...if everyone tomorrow says "i heard of this thing called bitcoin, i will get 1 bitcoin" and there are a million of them
mircea_popescu: people with a clue priced out of the market by the lemming mania isn't quite as great,
mjr_: that is a hundred million dollars more in the bitcoin economy
mircea_popescu: but they'll live.
mjr_: signifigant, though each person did something minor
mircea_popescu: it's not 1mn worth of bitcoin economy.
mircea_popescu: it's 1mn worth of bitcoin fiat value.
mjr_: fair distinction
mircea_popescu: and this is why the entire adoption thing is so important.
mjr_: i totally agree
mircea_popescu: if all they do with their bitcoin is try and resell it ...
mircea_popescu: it could have been a fucking vase.
mjr_: but this is bootstrapping 101
mircea_popescu: it doesn't need to be bitcoin for that purpose
bgupta: I tend to agree, that there is a share of people out there buying this shit with money they can't afford to lose. Including So EU folks. However, I do wonder if "real money" will at some point also chose to dip their toes in the water?
mircea_popescu: they could go resel tulips
mjr_: yes...but tulips didn't actually exist
bgupta: heh apt analogy
mircea_popescu: bgupta you think it hasn't so far ?
mjr_: they were trading tulip futures and options on tulips that had never been created and never would
mircea_popescu: right.
mjr_: these bitcoins exist
mircea_popescu: so why bother with bitcouin, if you wanna pyramid go trade moonrocks.
mjr_: so i don't think that is an apt analogy
bgupta: with a 1.3 billion marketcap?
mircea_popescu: actually, go trade ltc.
mjr_: you could do that
bgupta: ok maybe their little toes
mjr_: my point is this, it is too early and most are too stupid to understand
mjr_: so buy one
mircea_popescu: bgupta fucking fate of doom, trying to protect bitcoin from attacks.
mjr_: and hold it
mjr_: and see what happens with some skin in the game
mjr_: most people would say sure why not
mjr_: and as far as this distinction between fiat and bitcoin
mjr_: what difference does it make if i hold 4 5's or one twenty
mjr_: fiat is making change
mjr_: that is why the ATM is so important
mircea_popescu: 500 - Internal server error - Bitcoin Charts
mjr_: hold money in bitcoin, transfer money with bitcoin, withdraw in local currency
mircea_popescu: that thinfg is becoming a study in creative ways to fail
mjr_: not sure about their implementation, but the idea is sound...same as trading "demand deposits" for cash
assbot: [MPEX] [O.USD.C101T] 5 @ 0.27296125 = 1.3648 BTC [+]
mircea_popescu: Italian police have seized a record (EURO)1.3 billion ($1.7 billion) in cash and property from a single person, a Sicilian alternative energy entrepreneur alleged to have close ties to the Mafia.
mircea_popescu: heh
mjr_: bitcoin is layer 2, maybe 3 in a financial OSI model
mjr_: we need layer 7 to emerge
KRS1337: lol mjr
mircea_popescu: seems italy is balancing its budget roman empire style.
KRS1337: how can the network keep up with transactions? transactional data from visa alone is mind boggling.
KRS1337: i never understood how ppl can call it a currency, maybe theres something im not understanding.
mjr_: currency is the medium of exchange
KRS1337: like..it takes a while sometimes to transfer btc just from one point to another
mjr_: less time than mailing an envelope of cash
KRS1337: right but how can the network keep up
mjr_: this is the point
KRS1337: what about buying gas
jurov: KRS1337: even medium businesses can easily keep up with blockchain growing 1TB/month
mjr_: do people use fedwire for everytransaction?
KRS1337: am i supposed to wait there while the gas station receives my btc?
mjr_: no
mjr_: eventually
KRS1337: i dun see it..
jurov: but easy turnkey solution needs to be engineered
mjr_: you will have services that will have enough trust or deposit to be able to do 0 conf
mjr_: for example, i have done business with you every day
mjr_: i don't need to wait
KRS1337: lol yeaaah
mjr_: its not even that i trust you as a person
KRS1337: tourism?
KRS1337: idk
mjr_: i just trust that you don't have the ability to double spend (not trivial)
KRS1337: dont see it
KRS1337: trust...heh
KRS1337: just like i was trusting my friend about mining til i realized he was trolling me to buy my gpu's
KRS1337: friend of 25 yrs
mjr_: as in, pulling off a successful double spend in real life after a face to face transaction is probably very difficult, AND not worht it
mircea_popescu: let's get back to what the blaze does well, cause btc not rly : http://www.theblaze.com/stories/2013/04/03/man-who-gave-birth-to-three-babies-unsuccessfully-begs-for-a-divorce-in-this-odd-legal-conundrum/
KRS1337: i dont see the network at this point to keep up with transactional data sufficient for btc to be a currency..doubt it will evar be there =(
mjr_: KRS1337 that is the point...the network doesn't have to
mjr_: banks use fedwire to move around the DELTA from their days transactions, they aggregate and net the transactions first
mjr_: and most businesses will have to do that too
KRS1337: i dont see btc getting from me to you with that model.
mjr_: the same way that mt gox does not publish to the block chain for EVERY trade
mjr_: and yet it does, right now
mjr_: every day
KRS1337: u are talking about having an account with every merchant
mjr_: no
mircea_popescu: mjr_ amuysingly, people are still proposibng that bitcoin financials be handled by "colored coins:"
mjr_: i'm talking about you having one account
KRS1337: oh see then theres stuff im not understanding
mjr_: for example, if i have a gox account, and everyone trusts gox, they can take my transaction without even hitting the blockchain
KRS1337: first its the "colored" coins then its..."whites" only accepted here ma'am
mjr_: this is what i was saying about "bitcoin is layer 1 or 2 maybe 3 of the financial OSI model"
mjr_: gox would be like a layer 4
TradeFortress: mjr_ and I strongly think it'll happen
KRS1337: ohhhhhhhhhhhhh i see
KRS1337: I gottcha =D
mjr_: and eventually we will see layers 5-7
KRS1337: yep
mjr_: anyway, i have to do some work, but i like the anarchy of a free market, whatever happens is supposed to happen, how well you do depends on your skill and risk profile
mjr_: financial darwinism
KRS1337: have a good one =D
assbot: [MPEX] [O.USD.C047T] 4 @ 0.75 = 3 BTC
mircea_popescu: deposits flushed.
ThickAsThieves: litecoin at .043
ThickAsThieves: stop the madness
KRS1337: huh
KRS1337: litecoin at 5.48
KRS1337: does btc drive ltc or something or is this spec
mircea_popescu: https://bitcointalk.org/index.php?topic=2151.msg28228#msg28228 this made me think of jurov.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.788 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7888 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+]
error4733: !last h vtx
assbot: Last trade for VTX on HAVELOCK was at 0.479955 BTC [+]
error4733: !last m s.dice
assbot: Last trade for S.DICE on MPEX was at 0.00310001 BTC [-]
error4733: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00310001 / 0.00367057 / 0.00400173 (23221 shares, 85.23 BTC), 7D: 0.0031 / 0.00331136 / 0.00448 (714710 shares, 2,366.66 BTC), 30D: 0.00300001 / 0.004241 / 0.006225 (1567539 shares, 6,647.93 BTC)
ThickAsThieves: ;;bc,24hprc
gribble: Error: Failed to retrieve data. Try again later.
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 8.573174 seconds. During this time, light travels 0.017180544706 AU. You could have sent a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU).
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00479 = 0.0958 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 21 @ 0.0048 = 0.1008 BTC [+]
error4733: so where is this guy, shortinb BTC @ 34$ ??
error4733: shorting*
Bugpowder: he's gone
assbot: [HAVELOCK] [SDICE] 1 @ 0.355 BTC [+]
Bugpowder: Edmonton
Bugpowder: off in the tar sands
assbot: [BTCTC] [GSDPT] 100 @ 0.00362 = 0.362 BTC [-]
Bugpowder: driving a new truck
error4733: and watch behind him every 5 min.
error4733: watching*
Bugpowder: cmon gox
Bugpowder: clear mah shit
assbot: [BTCTC] [BITVPS] 1 @ 0.00301 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.00301 BTC [-]
assbot: [BTCTC] [BITVPS] 98 @ 0.003 = 0.294 BTC [-]
Bugpowder: did we just freaking stabilize at 140
ThickAsThieves: $avg
Bugpowder: ;;bids 0
mpexbot: ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information.
gribble: There are currently 41100820 bitcoins demanded at or over 0.0 USD, worth 10190648.8699 USD in total. | Data vintage: 0.0108 seconds
unbalanced_: North America is arriving at its desk.
mjr_: ltc ftw?
mjr_: shorting at 34 :( poor guy
mircea_popescu: Bugpowder yea
mjr_: one does not simply naked short bitcoin
thestringpuller: $avg
mpexbot: thestringpuller: An error has occurred and has been logged. Please contact this bot's administrator for more information.
thestringpuller: ?????
thestringpuller: ;;avgprc
gribble: (avgprc <currency> <timeframe>) -- Returns volume-weighted average price data from MtGox. <currency> is a three-letter currency code, <timeframe> is the time window for the average, and can be '24h', '7d', or '30d'.
thestringpuller: ;;avgprc usd 24h
gribble: Error: Failed to retrieve data. Try again later.
thestringpuller: srsly?
thestringpuller: dafuck
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 140.10000, Best ask: 140.59898, Bid-ask spread: 0.49898, Last trade: 140.10000, 24 hour volume: 124750.35588336, 24 hour low: 106.50004, 24 hour high: 147.00000, 24 hour vwap: 123.35842
mjr_: could they make the bots sound like the unsullied in game of thrones?
mjr_: (more accurately in the series a song of ice and fire)
mircea_popescu: "The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit"
mircea_popescu: totally.
Bugpowder: Also Teslas.
Bugpowder: http://www.teslamotors.com/true-cost-of-ownership
Bugpowder: Why do I get the feeling that the reason the gox price is over 140 is because THEY AREN'T CLEARING BTC DEPOSITS.
kakobrekla: dont worry they are clearing wires as well
kakobrekla: arent
Bugpowder: they are probably making me thousands of dollars right now
Bugpowder: by this delay
mircea_popescu: http://bitcoinity.org/markets
kakobrekla: you gonna dump?
mircea_popescu: have you looked at the ask side ?
assbot: [HAVELOCK] [SDICE] 4 @ 0.355 = 1.42 BTC [+]
mircea_popescu: "Luke Jr. was not only evasive in the thread linked, but he also went out of his way to deceive. He also deserves a scammer tag IMO, but I guess that's a seperate matter."
mircea_popescu: hey, people are starting to notice luke isn't really trustworthy at all ?!
mircea_popescu: im amazed.
SomeoneWeird: +1
kakobrekla: well its church going people, what can you expect
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 141.08001, Best ask: 141.08999, Bid-ask spread: 0.00998, Last trade: 141.09000, 24 hour volume: 124551.53625655, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.48914
mircea_popescu: kakobrekla that's not even it. they have a little scam entreprise going, giga propping bfl, bfl giving money to luke, iot's an entire nest of fuckwittery.
mircea_popescu: but they're getting squeezed and yes i see sentences in their future.
mircea_popescu: i would guess after their unmitigated failure of epic proportions trying to attack sdice they should sorta get exactly how deep in the shit they be.
ThickAsThieves: ;;nethash
gribble: 62896.7954203
mjr_: vires in numeris :)
assbot: [MPEX] [O.USD.C164T] 1 @ 0.12092692 BTC
Schadenfreude: ;;ticker
gribble: BTCUSD ticker | Best bid: 141.10430, Best ask: 141.60000, Bid-ask spread: 0.49570, Last trade: 141.60000, 24 hour volume: 125115.26791435, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.71988
Schadenfreude: Doesn|t
Schadenfreude: Doesn't look like it's correcting today
Schadenfreude: Might be painful if the bubble is fueled by the stream of just verified mtgox users
mjr_: should be interesting
mjr_: i don't think most of the money showed up to the party yet
bitesak: april 5th for the coinlabs it seems
Bugpowder: based on what/
Bugpowder: I signed up in the first hour
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [+]
Bugpowder: heard nothing so far
Bugpowder: bot is back
mircea_popescu: 2001-09-12 02:55:42 Arch [1612111] D ALPHA monitor@ccbill.c|report2.ccbill.com: Load high|Load averages high on report2.ccbill.com: 42.54 14.58 24.08 Tue Sep 11 23:56:01 MST 2001
bitesak: on their page I think, that buys were delayed until funds cleared on the 5th
mircea_popescu: lmao on sept 11 ccbill (pron processor) was having load issues
mircea_popescu: 2001-09-12 02:56:00 Arch [1425048] C ALPHA 300~MPfetchData:openConnectionToManager:ERROR CONNECTING: : www36 connectToServerPort:socket/socket timed out at /home/crdtdrv/creditderivatives/script/MPfetchData.pl line 342, <SOCK_192.168.35.19> chunk 192972.
mircea_popescu: that also sounds happy.
mircea_popescu: anyway. the new wikileaks is fun.
TomServo: new?
TomServo: huh, have they really not released anything this year yet?
TomServo: ;;goxlag --au
gribble: (goxlag [--raw]) -- Retrieve mtgox order processing lag. If --raw option is specified only output the raw number of seconds. Otherwise, dress it up.
TomServo: ;;goxlag
gribble: Error: Problem retrieving gox lag. Try again later.
mircea_popescu: TomServo buncha crap imo
assbot: [MPEX] [S.DICE] 300 @ 0.0035 = 1.05 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+]
TomServo: whups, mtgox 'bad gateway'
mircea_popescu: aww
assbot: [HAVELOCK] [VTX] 10 @ 0.4151 = 4.151 BTC [-]
mjr_: greed, for lack of a better word, is good...
assbot: [HAVELOCK] [VTX] 9 @ 0.415 = 3.735 BTC [-]
pigeons: what's the word on this bitcoin-central stuff? I haven't been following. i guess finally people won't use rails.
thestringpuller: mircea_popescu: why is bot only quoting half the time?
mircea_popescu: thestringpuller no ?
mircea_popescu: pigeons they've not said.
thestringpuller: ;;ticker
pgp: err... gox down?
gribble: Error: Failure to retrieve ticker. Try again later.
thestringpuller: probably
thestringpuller: lol
pgp: lag is one thing, but when was the last time that the website was down?
assbot: [MPEX] [O.USD.P149T] 1000 @ 0.53221009 = 532.2101 BTC
assbot: [MPEX] [O.USD.P146T] 1000 @ 0.50349593 = 503.4959 BTC
mircea_popescu: mother of god
assbot: [MPEX] [O.USD.P143T] 1000 @ 0.47535254 = 475.3525 BTC
thestringpuller: a few days ago
thestringpuller: are those sells?
assbot: [MPEX] [O.USD.P140T] 718 @ 0.44780886 = 321.5268 BTC
mircea_popescu: no, they are buys
mircea_popescu: $vwap ^oix
mpexbot: mircea_popescu: ^OIX 1 day: no data 7 day: average: 104.38442482 high: 139.37849244 low: 93.3570601 volume: 14875 btc: 6862.82806499 30 day: no data
pgp: that's a lot of puts...
mircea_popescu: if mtgox comes out with a hack...
[\\\]: mircea_popescu: I'll have properly called it.
pgp: then it might just eb the trade of the century
mircea_popescu: [\\\] sigh
[\\\]: you know its coming
[\\\]: they handle thousands of btc
[\\\]: and if they're all valued at $125 per
pgp: you'd think that there would eb selling on the other exchanges...
[\\\]: thats a pretty juicy target
[\\\]: but for the record, mtgox.com loads for me
assbot: [HAVELOCK] [VTX] 5 @ 0.4 = 2 BTC [-]
[\\\]: oh look, we're at $141
thestringpuller: if mtgox goes hella down long term like tradehill price will plummet
KRS-1: shhh
[\\\]: ;;rate thestringpuller -1 uses the word 'hella'
gribble: Error: For identification purposes, you must be authenticated to use the rating system.
Scrat: ;;rate thestringpuller 1 hella cool
gribble: Error: For identification purposes, you must be authenticated to use the rating system.
thestringpuller: the coinlab deal can't happen fast enough
thestringpuller: lol
mjr_: gox is up for me
thestringpuller: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
thestringpuller: they cut off api, is bitcoinity.org up?
mircea_popescu: <thestringpuller> the coinlab deal can't happen << yeah
pgp: up, but no fresh data
pgp: last trade 39 min ago...
Scrat: because making a trading engine that doesn't die with the slightest hint of traffic is ROCKET SURGERY
assbot: [MPEX] [S.MPOE] 6200 @ 0.00068037 = 4.2183 BTC [-]
assbot: [MPEX] [S.MPOE] 8450 @ 0.00069259 = 5.8524 BTC [+]
mircea_popescu: Scrat you're just jealous because they're your competitor.
pgp: it just sucks for the bitcoin community as a whole when this shit happens
mjr_: it's socket science actually
pgp: word
bgupta: n mtgox-rt
mjr_: ;;calc 1777.64s / 60
gribble: Error: invalid syntax (<string>, line 1)
Scrat: mircea_popescu: I fucking wish I could become a competitor. sadly the amount of red tape and paperwork to pull it off is otherwordly
mjr_: ;;calc 1777.64s/60
gribble: Error: invalid syntax (<string>, line 1)
ThickAsThieves: ;;ticker
mjr_: ;;calc 1777.64/60
gribble: 29.6273333333
[\\\]: lol @ rocket surgery
gribble: Error: Failure to retrieve ticker. Try again later.
mircea_popescu: Scrat im just freely distributing that nonsense, i got a whole semi's worth
error4733: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
error4733: BTCUSD ticker | Best bid: 189.40000, Best ask: 189.89898, Bid-ask spread: 0.49898, Last trade: 189.40000, 24 hour volume: 124750.35588336, 24 hour low: 106.50004, 24 hour high: 147.00000, 24 hour vwap: 123.35842
mod6: wat
error4733: :trollface:
Scrat: error4733: oh u
pigeons: well at least s.dice is up
mod6: haha
mod6: im like 189?!
mircea_popescu: lol
mod6: <--- chowned
mircea_popescu: aptly named error
nanotube: haha
pigeons: ;;goxlag
gribble: Error: Problem retrieving gox lag. Try again later.
nanotube: we're probably out to neptune by now.
ThickAsThieves: whoa
mircea_popescu: ;;goxlag[goxlag]
gribble: Error: Problem retrieving gox lag. Try again later.
ThickAsThieves: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
mircea_popescu: needs recursion
error4733: 45 minutes laaaag
ThickAsThieves: wtf
bgupta: mtgox ddos
ThickAsThieves: ddos of buyers
bgupta: btc-e also ddos
ThickAsThieves: campbx up
pigeons: yes but that's every day for btc-e
ThickAsThieves: selling at 140
assbot: [HAVELOCK] [HIM] 1 @ 1.91 BTC [-]
assbot: [HAVELOCK] [VTX] 5 @ 0.4 = 2 BTC [-]
jcpham: mtgox is awesome sometimes
ThickAsThieves: so do we have any updates or anything
assbot: [HAVELOCK] [HIM] 1 @ 1.8799 BTC [-]
jcpham: check the tweeter
ThickAsThieves: ?
ThickAsThieves: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
[\\\]: ThickAsThieves: coming soon
[\\\]: in other news, bfl shipping soon
[\\\]: ;;genrate 1000
gribble: The expected generation output, at 1000.0 Mhps, given difficulty of 6695826.2826, is 0.0751074617539 BTC per day and 0.00312947757308 BTC per hour.
error4733: yes please ship this minirig i preorder for 5000btc in august
ThickAsThieves: why do i have to auth zendesk to click twitter links now?
jcpham: ;;genrate 3000
gribble: The expected generation output, at 3000.0 Mhps, given difficulty of 6695826.2826, is 0.225322385262 BTC per day and 0.00938843271924 BTC per hour.
jcpham: killing it
[\\\]: lol error4733
[\\\]: ;;genrate 1500000
gribble: The expected generation output, at 1500000.0 Mhps, given difficulty of 6695826.2826, is 112.661192631 BTC per day and 4.69421635962 BTC per hour.
error4733: ;;calc 5000*141
gribble: 705000
ThickAsThieves: funny that gox wants to add litecoin
ThickAsThieves: cant even handle bitcoin
jcpham: [\\\] lend me your hashes for a day
jcpham: whenever you are caught up
jcpham: just a day
jcpham: and by lend i mean gift
[\\\]: you can borrow them for .08/GH/Day
assbot: [HAVELOCK] [HIM] 1 @ 1.8794 BTC [-]
assbot: [HAVELOCK] [HIM] 4 @ 1.879 = 7.516 BTC [-]
jcpham: i'm confused but i agree
[\\\]: Send me 8BTC and I'll throw 100GH your way
pgp: this will end badly
jcpham: for how long?
[\\\]: an hour or 24
jcpham: ;;genrate 100000
gribble: The expected generation output, at 100000.0 Mhps, given difficulty of 6695826.2826, is 7.51074617539 BTC per day and 0.312947757308 BTC per hour.
thestringpuller: ;;ticker
jcpham: that's no good
thestringpuller: nopesy
gribble: Error: Failure to retrieve ticker. Try again later.
jcpham: how about 4BTC instead
jcpham: i have 4BTC
[\\\]: why would I use hashes for half price?
thestringpuller: lol
jcpham: friendship
thestringpuller: lolololol
jcpham: rainbows
jcpham: also unicorns
thestringpuller: oh man HIM is plummeting
thestringpuller: !ticker H HIM
assbot: [HAVELOCK:HIM] 1D: 1.87900000 / 1.95542273 / 2.04400000 (22 shares, 43.01930000 BTC), 7D: 1.80000000 / 1.92511728 / 2.08000000 (162 shares, 311.86899996 BTC), 30D: 1.40001001 / 1.80131545 / 2.08000000 (735 shares, 1323.96685265 BTC)
[\\\]: jcpham: https://sphotos-b.xx.fbcdn.net/hphotos-ash4/484376_10200293317748968_1988410100_n.jpg
jcpham: i would eat that unicorn poop
gesell: ;goxlag
gesell: ;;goxlag
gribble: Error: Problem retrieving gox lag. Try again later.
gesell: yeeeah
thestringpuller: wow gox has turned off all external apis
gesell: anyone know whats up?
thestringpuller: gox isn't accepting API requests
gesell: not just external api's. The mtgox website shows the same USD price for the past hour
Bugpowder: RIP BITCOIN 4.3.2013
assbot: [HAVELOCK] [HIM] 1 @ 1.879 BTC [-]
deadweasel: we hardley knew ye
ThickAsThieves: question is, will it fo up or down after gox is back
ThickAsThieves: go*
thestringpuller: down
jcpham: guys just remember the bitcoin isn't rocketing up
jcpham: the currency used to purchase it is rocketing down
thestringpuller: maybe 40 dollars it will go down
thestringpuller: ;;market --sell
gribble: (market sell [--usd] <value>) -- Calculate the effect on the market depth of a market sell order of <value> bitcoins. If '--usd' option is given, <value> denotes the size of the order in USD.
Bugpowder: its correcting to the proper level
error4733: still 135$ on BTC E
gesell: we really should use "the bitcoin" instead of "bitcoin". definitely love seeing the news heads on tv say "the bitcoin"
thestringpuller: ;;market sell 10000
gribble: A market order to sell 10000 bitcoins right now would net 1286684.1179 USD and would take the last price down to 116.2000 USD, resulting in an average price of 128.6684 USD/BTC. | Data vintage: 0.0009 seconds
thestringpuller: ;;market sell 100000
gribble: A market order to sell 100000 bitcoins right now would net 8014161.6596 USD and would take the last price down to 35.6000 USD, resulting in an average price of 80.1416 USD/BTC. | Data vintage: 12.6226 seconds
thestringpuller: Wouldn't take much at all
ThickAsThieves: maybe think of it this way, btc has been going up for a while, it needs to seek some sort of value where it reaches a plateau of ups and downs
ThickAsThieves: its seeking that value still
thestringpuller: well gox is going to cause the price run real quick
ThickAsThieves: if you could sell at 140 now would you?
thestringpuller: "Database access error, please retry later"
thestringpuller: i sell at all price points as it moves in and out
thestringpuller: keep coffers even
deadweasel: sold 5% at 140 this morn.
ThickAsThieves: i'm gonna sell a lil
gesell: is there an irc room for mtgox around?
ThickAsThieves: #mtgox
thestringpuller: I think coinbas is trying to buy up coins
gesell: ThickAsThieves: its closed
Bugpowder: bitcoinity has gold charts?
ThickAsThieves: oh
Bugpowder: https://bitcoinity.org/charts/gold
thestringpuller: check it out
thestringpuller: woowoowoowoo
Bugpowder: I love that everything is down but mpoebot
thestringpuller: if you guys have calls I'd sell them
thestringpuller: lol
Bugpowder: whyy??
ThickAsThieves: we can't sell them
Bugpowder: bot is up
ThickAsThieves: $avg
mpexbot: ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information.
ThickAsThieves: using what price?
Bugpowder: oh shit
Bugpowder: bot is mispricing
thestringpuller: sell now!
thestringpuller: lol
pizzaman1337: doesn't seem like it's mispricing to me?
Bugpowder: oh nevermind
kakobrekla: what is the last price anyway?
Bugpowder: looking at the wrong strike
Bugpowder: lolol
kakobrekla: like 35$ ?
pizzaman1337: I see 124.41 on bitcoincharts.com, but that's the 24h
kakobrekla: ah ok
kakobrekla: was there a massive selloff or wtf happend anyway?
jurov: mircea_popescu: there is listtransactions with since parameter now
ThickAsThieves: my guess, is that gox couldnt keep up with deposits of any kind, so price went up
jurov: although still pretty hairy
jurov: and what heppened with gox? bitcoinity shows no heartbeat
ThickAsThieves: my guess, is they are offline trying to catch up, and wont come back til they are comfortable
mircea_popescu: gox is dead.
jurov: "please wait a bit" lol
thestringpuller: MagicalTux says the DDos only brought it down for a second, but it's down now because people keep trying to ping it.
unbalanced_: Yeah keep pressing reload everyone, that'll help...
ThickAsThieves: should got cloudflare1
ThickAsThieves: hehe
thestringpuller: i guess this is like tripping a special kid at the olympics eh mircea_popescu ?
thestringpuller: tripping a kid at the special olympics*
Bugpowder: [10:39] <@MagicalTux> actually system went down only for a short time, right now it's kept down by all the people trying to access anyway
Scrat: thestringpuller: my BS detector is redlining atm
mircea_popescu: ^
ThickAsThieves: ;;tslb
thestringpuller: MtGox isn't "special"?
gribble: Time since last block: 10 minutes and 1 second
mircea_popescu: it just reads to me like "we dunno wtf is going on and have no clue that we don't know"
kakobrekla: bitbet is too cheap; https://bitcointalk.org/index.php?topic=141458.msg1731120#msg1731120
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 7780288.78529 based on data since last change | 8775595.58404 based on data for last three days
jurov: and cloudflare won't help when 100k real ppl with real browser pound something
thestringpuller: LOL
ThickAsThieves: i kid
Bugpowder: Someone tried to sell a Black Lotus, Alpha edition card. Demand crashed Mt. Gox
keith_hanson: jurov: that, heh. Scaling is a bitch :P
Scrat: Bugpowder: lold
mircea_popescu: keith_hanson you the guy with the radio show ?
keith_hanson: mircea_popescu: I have no radio show, ha
Bugpowder: r u teh guy with the pedobusting show?
keith_hanson: Bugpowder: You may have me confused with another person, heh
mircea_popescu: yeah. with... keith... hanson :D
keith_hanson: Wow. That sucks. I need to SEO my name or something :P
mircea_popescu: http://www.keithontheair.com/ << for the record
mircea_popescu: nice webskills on display
keith_hanson: yeah. I see that haha
ChaangNoi: gox down?
mod6: derp mode
pizzaman1337: ;;ticker
assbot: [HAVELOCK] [HIM] 1 @ 1.87 BTC [-]
gribble: BTCUSD ticker | Best bid: 141.32000, Best ask: 141.32001, Bid-ask spread: 0.00001, Last trade: 141.32001, 24 hour volume: 123106.83272605, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.99916
pizzaman1337: back?
assbot: [MPEX] [S.MPOE] 850 @ 0.00069537 = 0.5911 BTC [+]
assbot: [MPEX] [S.MPOE] 10500 @ 0.00069692 = 7.3177 BTC [+]
assbot: [MPEX] [S.MPOE] 5500 @ 0.00069822 = 3.8402 BTC [+]
assbot: [MPEX] [S.MPOE] 6700 @ 0.00069999 = 4.6899 BTC [+]
TomServo: ;;goxlag
gribble: MtGox lag is 6048.679827 seconds. During this time, light travels 12.1214866489 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU).
TomServo: ha
Bugpowder: $goxlag --au
Bugpowder: oh
Bugpowder: u beat me to it
TomServo: I dopm'
mircea_popescu: http://bitcoinity.org/markets
mircea_popescu: flatline looks cute.
TomServo: don't think you need the --au anymore.
mircea_popescu: $mpexlag
mpexbot: mircea_popescu: 0.111227035522 seconds
mod6: :]
Bugpowder: now would be a great time to troll tux in #mtgox.
Bugpowder: re mpexlag
mircea_popescu: heh.
ThickAsThieves: $avg
mpexbot: ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information.
kakobrekla: !baselag
assbot: 6 weeks.
mircea_popescu: <kakobrekla> was there a massive selloff or wtf happend anyway? < http://polimedia.us/dtng/c/src/136498390721.png
mircea_popescu: then it just went to shit from there.
jurov: and to think yesterday i mentioned goxlax all the way to Eris...
kakobrekla: this kinda works
kakobrekla: http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected
kakobrekla: bitstamp flying blind
bgupta: of course after that graph, btc rallied back to 140/141 area, and then mtgox shit the bed
Scrat: is this for real? https://campbx.com/images/bxdaily.jpg
Scrat: or a troll
ThickAsThieves: ;;tslb
gribble: Time since last block: 3 minutes and 34 seconds
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 6145.968388 seconds. During this time, light travels 12.3164518359 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU).
bgupta: heh https://twitter.com/MtGox lag my ass
bgupta: that's their fail whale
thestringpuller: ;;goxlag
gribble: MtGox lag is 5455.751923 seconds. During this time, light travels 10.933265768 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU).
mircea_popescu: Scrat looks to me like one of those $50 pci autotesting packages most hosts will do
mircea_popescu: bgupta exactly
bgupta: 90 mins
mircea_popescu: http://bitcoincharts.com/charts/ still down also
mircea_popescu: no wait, up nao
bgupta: slowish
bgupta: flakey
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 141.10000, Best ask: 141.69998, Bid-ask spread: 0.59998, Last trade: 141.69998, 24 hour volume: 123106.83272605, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.99916
thestringpuller: ;;goxlag
gribble: MtGox lag is 4538.34842 seconds. During this time, light travels 9.0947994198 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU).
error4733: omg can't wait, it's like chrismas
ChaangNoi: BTC China @ $151.56
ChaangNoi: Bitfloor @ $145
ChaangNoi: Bitstamp @ 133.88
ChaangNoi: BTC-E @ $130.07
ChaangNoi: BTC 24 @ $152
error4733: 90$ or 190$ ?
mircea_popescu: about 130ish
kakobrekla: china will grow larger.
bgupta: The interesting thing I find is all these exchanges including mtgox, mpex, btct.co, bf, etc all trade 24x7, without so much as a daily hour of maintenance window. This I believe is unheard of in the finance world. (Certain things do trade like 23 hours a day but on rotating exchanges)
ChaangNoi: lol gribble
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.76802 = 6.1442 BTC [-]
KRS-1: is this why mt gox is showing btc ~ $110
kakobrekla: mircea_popescu worth 130 yet?
kakobrekla: bah my inner troll is strong sometimes.
Scrat: bgupta: what is there to perform maintenance on? this isnt 1980
ThickAsThieves: goxlag almost caught up
Scrat: bgupta: oh, did you paste that?
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 1102.961906 seconds. During this time, light travels 2.21032331025 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
Scrat: mircea_popescu: that shit is plastered all over their mainpage like it's an achievement
assbot: [HAVELOCK] [VTX] 10 @ 0.38 = 3.8 BTC [-]
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.27101, Best ask: 140.00000, Bid-ask spread: 3.72899, Last trade: 140.00000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808
ChaangNoi: if anyone gets an AM dividend please let me know how much it is this week. thanks
ChaangNoi: ;;goxlag
gribble: MtGox lag is 912.746648 seconds. During this time, light travels 1.82913406297 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU).
ChaangNoi: hmm
KRS-1: when ticker is used for quote /trade information which exchange does that come from
jcpham: lemme tell you guys
jcpham: online resumes are the way to do it
jcpham: wget -O resume.html http://fuckyourresume.com/
kakobrekla: resumes are bullshit
ChaangNoi: almost down to earth..
jcpham: ./wkhtmltopdf-i386 ../Documents/resume.html ..Documents/resume.pdf
jcpham: i just turned it into a science
jcpham: now al i have to do i edit my blogity blog
jcpham: ./mailresume <recipient>
jcpham: so that was fun. i'm changing employers
cole_albon: ;;goxlag
gribble: MtGox lag is 1132.059669 seconds. During this time, light travels 2.2686349015 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.27101, Best ask: 137.00000, Bid-ask spread: 0.72899, Last trade: 137.00000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808
mircea_popescu: Scrat what shit you mean ?
kakobrekla: this one is still kickin
kakobrekla: Bruce Wagner <bruce@brucewagner.com> Apr 02 05:08PM -0400
kakobrekla: Just as I predicted. :-)
kakobrekla: Bitcoin hit $116 so far today.
kakobrekla: --
mircea_popescu: bruce wagner is predicting now ?!
kakobrekla: he predicted it.
kakobrekla: yea
thestringpuller: ;;p
gribble: Error: "p" is not a valid command.
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.88344, Best ask: 139.00000, Bid-ask spread: 1.11656, Last trade: 137.88344, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808
thestringpuller: ;;bids 89
thestringpuller: ;;bids 80
gribble: There are currently 30446.462 bitcoins demanded at or over 89.0 USD, worth 3226430.31489 USD in total. | Data vintage: 0.0114 seconds
gribble: There are currently 39721.986 bitcoins demanded at or over 80.0 USD, worth 4008857.00483 USD in total. | Data vintage: 0.0183 seconds
thestringpuller: ;;asks 140
gribble: There are currently 215.97452 bitcoins offered at or under 140.0 USD, worth 30131.2587319 USD in total. | Data vintage: 8.3583 seconds
jurov: ;;asks 200
gribble: There are currently 19840.446 bitcoins offered at or under 200.0 USD, worth 3184847.51314 USD in total. | Data vintage: 65.2698 seconds
ThickAsThieves: ;;asks 160
gribble: There are currently 13118.235 bitcoins offered at or under 160.0 USD, worth 1938768.98293 USD in total. | Data vintage: 0.0026 seconds
assbot: [MPEX] [O.USD.C098T] 1000 @ 0.24108289 = 241.0829 BTC [+]
assbot: [MPEX] [O.USD.C089T] 120 @ 0.28897825 = 34.6774 BTC [+]
assbot: [MPEX] [O.USD.C092T] 1000 @ 0.2653217 = 265.3217 BTC [-]
assbot: [MPEX] [O.USD.C095T] 1000 @ 0.25297192 = 252.9719 BTC [-]
Bugpowder: wow.
Bugpowder: shorting teh calls?
Bugpowder: let me buy from u bro
mircea_popescu: methinks more like closing out
Bugpowder: ah, yes.
Bugpowder: obv
assbot: [MPEX] [O.USD.C098T] 1000 @ 0.24118333 = 241.1833 BTC [+]
Bugpowder: but the rally is back on
ThickAsThieves: do we know that yet?
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 1150.999865 seconds. During this time, light travels 2.30659084222 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU).
ChaangNoi: only 2 million usd to 160 and 10000 plus accounts on gox trying to get verified
ChaangNoi: fucking insane
mircea_popescu: hardly. about 137 atm
thestringpuller: ;;market sell 1000
gribble: A market order to sell 1000 bitcoins right now would net 132449.7782 USD and would take the last price down to 130.0000 USD, resulting in an average price of 132.4498 USD/BTC. | Data vintage: 0.0003 seconds
thestringpuller: ;;market sell 4000
gribble: A market order to sell 4000 bitcoins right now would net 510010.3348 USD and would take the last price down to 122.1000 USD, resulting in an average price of 127.5026 USD/BTC. | Data vintage: 8.5979 seconds
mircea_popescu: http://bitcoinity.org/markets the market depth on that 0.o
mjr_: tanking
thestringpuller: the price could easily plummet
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 133.00000, Best ask: 134.90730, Bid-ask spread: 1.90730, Last trade: 134.90730, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808
troc: ;;bids 0
gribble: There are currently 40659320 bitcoins demanded at or over 0.0 USD, worth 8820891.03181 USD in total. | Data vintage: 32.0256 seconds
unbalanced_: This data lull felt like that moment in a movie car crash where everything goes slo-mo. Waaaaiiiittttt, whhhhhuttttt?
ThickAsThieves: not over yet
unbalanced_: *feels
Bugpowder: gox time
unbalanced_: Stay on target... stay on target!
Bugpowder: yeah still waiting for my deposit to clear
Bugpowder: 36 confirms
jurov: deposits seems cleared
mjr_: ;;goxlag
gribble: MtGox lag is 786.528797 seconds. During this time, light travels 1.57619490277 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU).
mjr_: FFS, why don't we just mail them letters with orders
mjr_: could have sent the order to mars lol
mjr_: jk
pgp: wtf 8 point spread on gox!?!
mjr_: yeah, crazy this morning, you would see prints on both sides
topace_: gox was frozen for a few hours, its still catching up
topace_: or, trying to catch up
pgp: it's embarassing for any bitcoin evangelist...
mjr_: ;;goxlag
gribble: MtGox lag is 736.77759 seconds. During this time, light travels 1.47649404099 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU).
ThickAsThieves: its possibly embarassing, but could also fuel the fire to newcomers "zomg everyone is clamoring to buy btc, fast fingers!"
jurov: fat fingers, yea
thestringpuller: ;;seen smickles
gribble: smickles was last seen in #bitcoin-assets 21 hours, 32 minutes, and 44 seconds ago: <smickles> too many people keep trying to use it
mjr_: thats what makes it fun bgupta
assbot: [MPEX] [O.USD.C188T] 57 @ 0.0866432 = 4.9387 BTC [+]
ThickAsThieves: someone is still optimistic
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 125.31
thestringpuller: ;;seen smickles
gribble: smickles was last seen in #bitcoin-assets 21 hours, 36 minutes, and 2 seconds ago: <smickles> too many people keep trying to use it
ThickAsThieves: is this AM divs coming in?
[\\\]: asicminer div out
ThickAsThieves: pretty low
[\\\]: 0.00255553
ThickAsThieves: 0.00255553
ThickAsThieves: heh
[\\\]: as expected
assbot: [BTCTC] [ASICMINER-PT] 27 @ 0.7455 = 20.1285 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.745 = 1.49 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.745 = 1.49 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7422 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7421 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.74012 = 7.4012 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.74011 = 2.9604 BTC [-]
[\\\]: lol
[\\\]: asicminer crashing from the div?
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.737 = 3.685 BTC [-]
[\\\]: its down a whole .0054~
assbot: [BTCTC] [ASICMINER-PT] 13 @ 0.7355 = 9.5615 BTC [-]
[\\\]: uh oh
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.735 = 1.47 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.733001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7313 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7301 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.715 = 1.43 BTC [-]
[\\\]: oh noes!
assbot: [HAVELOCK] [SDICE] 6 @ 0.315 = 1.89 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.3105 = 6.21 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.31000001 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.31 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.3 = 0.9 BTC [-]
[\\\]: not dice too!
[\\\]: the end is near
assbot: [BTCTC] [GSDPT] 276 @ 0.00362 = 0.9991 BTC [-]
Namworld: People cashing out?
assbot: [BTCTC] [GSDPT] 3 @ 0.00361 = 0.0108 BTC [-]
assbot: [BTCTC] [GSDPT] 80 @ 0.0036 = 0.288 BTC [-]
assbot: [BTCTC] [GSDPT] 500 @ 0.00356 = 1.78 BTC [-]
assbot: [BTCTC] [GSDPT] 10 @ 0.00355 = 0.0355 BTC [-]
assbot: [BTCTC] [GSDPT] 54 @ 0.00352 = 0.1901 BTC [-]
assbot: [BTCTC] [GSDPT] 500 @ 0.0041 = 2.05 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.003516 = 0.3516 BTC [-]
assbot: [BTCTC] [GSDPT] 900 @ 0.003516 = 3.1644 BTC [-]
mircea_popescu: <pgp> it's embarassing for any bitcoin evangelist... << they're not here, blessfully.
assbot: [HAVELOCK] [VTX] 13 @ 0.38 = 4.94 BTC [-]
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.10000, Best ask: 136.45000, Bid-ask spread: 0.35000, Last trade: 136.45000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808
bgupta: http://siliconangle.com/blog/2013/03/29/this-week-in-ddos-cyberbunker-vs-spamhaus-mtgox-bitcoin-exchange-and-dwolla-sendgrid/
bgupta: (old but interesting nonetheless)
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 135.10000, Best ask: 136.45000, Bid-ask spread: 1.35000, Last trade: 136.45000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808
mircea_popescu: lol shed a dollar in a minute
assbot: [MPEX] [O.USD.C098T] 230 @ 0.24371748 = 56.055 BTC [+]
assbot: [MPEX] [O.USD.C095T] 100 @ 0.25563121 = 25.5631 BTC [+]
Bugpowder: gox creditited me!
[\\\]: gee, this just screams stable: 24 hour low: 107.07900, 24 hour high: 147.00000
mircea_popescu: lol
[\\\]: 40% swing in a day
[\\\]: yeah, not a bubble
[\\\]: totally rational price appreciation
assbot: [MPEX] [O.USD.C092T] 175 @ 0.27012732 = 47.2723 BTC [+]
jcpham: woohoo
mircea_popescu: [\\\] actually i would say bubble averted.
jcpham: i see no bubbles here
[\\\]: mircea_popescu: its not popped yet :p
mircea_popescu: yeh it is.
[\\\]: jcpham, shut yo face
Namworld: and the price started back on the rise...
[\\\]: ;;ticker
Namworld: >.>
gribble: BTCUSD ticker | Best bid: 134.89949, Best ask: 136.45000, Bid-ask spread: 1.55051, Last trade: 134.89949, 24 hour volume: 122225.75654344, 24 hour low: 107.75000, 24 hour high: 147.00000, 24 hour vwap: 125.57761
Namworld: We're gonna be at 500 USD/BTC within a week.
[\\\]: heh
mircea_popescu: not happenin'.
Namworld: and in two weeks, at 10000 USD/BTC
Namworld: >.>
[\\\]: and in 3 weeks $.20
ThickAsThieves: Hey Namworld & Jurov don't forget my transfer plz!
Bugpowder: ;;bids 0
gribble: There are currently 30825532 bitcoins demanded at or over 0.0 USD, worth 8940110.86194 USD in total. | Data vintage: 0.0106 seconds
Bugpowder: uh ohes
Namworld: Is jurov around?
ThickAsThieves: he was :/
[\\\]: still only 9M
jurov: not anymore
Namworld: damn
ThickAsThieves: hehe
Bugpowder: the wall at 90 got taken down
[\\\]: I love how people mention billion dollar market cap
[\\\]: but only 9M of depth
[\\\]: they forget to mention the second bit
mircea_popescu: [\\\] because iot's not really notable.
Namworld: In 3 weeks... well we can't reach in 3 weeks because the price can't go there. It reaches upward to the infinite before 3 weeks from now.
mircea_popescu: you think google has 100bn mkt depth on the books ?
[\\\]: nope
Namworld: There's some kind of limit... probably the end of the world or something
Namworld: and apparently, it causes BTC price to go up >.>
jurov: i think there is no leverage, hence no depth
Namworld: Maybe the afterlife is digital. You'll need lots of Bitcoins there.
thestringpuller: ;;ticker
gribble: BTCUSD ticker | Best bid: 134.00000, Best ask: 135.09999, Bid-ask spread: 1.09999, Last trade: 135.09999, 24 hour volume: 122225.75654344, 24 hour low: 107.75000, 24 hour high: 147.00000, 24 hour vwap: 125.57761
mircea_popescu: what happened to good old fashion put-your-money-in depth
mircea_popescu: everybody with leverage these days
mircea_popescu: nobody wants to work for a buck anymore
mircea_popescu: also http://www.foxbusiness.com/industries/2013/04/03/ex-goldman-trader-turning-himself-in-to-authorities/
jurov: Namworld, no, they use dead altchains in hell
mircea_popescu: The surrender comes after the Commodities Futures Trading Commission unleashed a lawsuit against Taylor in November that alleged he intentionally concealed an $8.3 billion position in the S&P 500 e-mini futures. The CFTC had been seeking civil penalties of $130,000.
mircea_popescu: seems proportionate.
[\\\]: whats that bitcoinica clone?
jurov: mircea_popescu: whoever used to keeping bitcoins on an exchange, learnt the lesson already
jurov: [\\\]: bitfinex
[\\\]: ah, right
[\\\]: I'm sure people on bitfinex are making a killing
Namworld: jurov: ahah, makes sense
Bugpowder: 502 gox
mircea_popescu: [\\\] certainly. prolly time for a bitbet.
Bugpowder: sigh
assbot: [MPEX] [O.USD.C188T] 50 @ 0.08799794 = 4.3999 BTC [+]
bgupta: uh bid higher than ask?
bgupta: bizarro
bitesak: http://notice.instawallet.org/
mircea_popescu: bitesak whoa.
mircea_popescu: whoa whoa whoa.
bgupta: when did instawallet fold?
bitesak: 2 days ago
Namworld: online wallet = bad
bitesak: I had 0,4BTC which I transferred to fastcash4bitcoin but it never got there..
bitesak: and then it closed down. URLs of wallets were showing up in Google
bgupta: me never touched it..
Bugpowder: do u think Bitcoin is cursed?
assbot: [HAVELOCK] [VTX] 6 @ 0.38 = 2.28 BTC [-]
assbot: [MPEX] [S.MPOE] 5076 @ 0.00069692 = 3.5376 BTC [-]
bitesak: it's backed by drama as someone once said
assbot: [MPEX] [S.MPOE] 6121 @ 0.00069377 = 4.2466 BTC [-]
bitesak: all this is to make Bitcoin stronger :)
assbot: [HAVELOCK] [VTX] 2 @ 0.36 = 0.72 BTC [-]
Bugpowder: got ask filled at 132.5 ouch
mircea_popescu: bitesak totally.
Bugpowder: oh wellls
Namworld: Bitcoin is indeed cursed. Cursed by idiots.
[\\\]: heh
mircea_popescu: all i have to say, boys and girls, is that if it popped later it'd have been much worse.
Bugpowder: all i wanted was a bit car, but then I got greedy. why why why???
mircea_popescu: let it simmer a little, it won't get too low, we come to sanity. k ?
Bugpowder: dude
Bugpowder: u r overconfident about poppage.
ThickAsThieves: ^
jurov: bugpowda i sold some at 117-120 and don't give a fuck about
mircea_popescu: you dispute a broken trend ?!
Bugpowder: I called the top at 127 last night
ThickAsThieves: well when you rise $47 in one day where do you draw the line?
Bugpowder: then 147 happened
jcpham: my off-the-cuff math says at least %13 daily deflation to stay on track for 1 trillion usd
bitesak: mircea_popescu, do you have that pastebin on mercadoBitcoin brasil handy?
mircea_popescu: http://trilema.com/2013/and-another-one-bites-the-dust-mercado-bitcoin/
bitesak: thx
jurov: lol they still feature this on frontpage: https://mtgox.com/img/quote.gif
mircea_popescu: 2011 was a good year for the dinosaurs.
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 126.02
bgupta: interesting convergence http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected
mircea_popescu: check out the mega 140 wall
ThickAsThieves: people cant decide price for themselves
ThickAsThieves: built by you MP?
mircea_popescu: ThickAsThieves neh.
Bugpowder: ;;bids 0
gribble: There are currently 30863303 bitcoins demanded at or over 0.0 USD, worth 9011317.20884 USD in total. | Data vintage: 112.2002 seconds
Bugpowder: ok
Bugpowder: I have sold enough
jcpham: #bitcoin is creeping up towards 1500 users
assbot: [MPEX] [O.USD.C029T] 2 @ 0.77218744 = 1.5444 BTC
jcpham: that's double since January
jcpham: for sure
assbot: [MPEX] [S.MPOE] 4129 @ 0.00069377 = 2.8646 BTC [-]
smickles: $unconfirmed
mpexbot: smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information.
smickles: well, poo
jcpham: medium article is good
jcpham: https://medium.com/money-banking/2b5ef79482cb
mircea_popescu: $vwap ^oix
mpexbot: mircea_popescu: ^OIX 1 day: no data 7 day: average: 108.2380102 high: 135.79574203 low: 93.3570601 volume: 19607 btc: 8036.29427679 30 day: no data
assbot: [MPEX] [S.DICE] 1000 @ 0.00317003 = 3.17 BTC [-]
assbot: [MPEX] [S.DICE] 13096 @ 0.00317002 = 41.5146 BTC [-]
mircea_popescu: http://bitbet.us/bet/362/bitfinex-insolvent-by-end-of-april/
mircea_popescu: lalala
[\\\]: trolalalal
jcpham: a little bit
mircea_popescu: wanna bet ?
jcpham: insider information
kakobrekla: lol https://www.kraken.com/market
kakobrekla: crash much?
mircea_popescu: aww but y!
kakobrekla: ah nvm
kakobrekla: that was my settings
mircea_popescu: lol you had it set for crash ?
kakobrekla: yeah something like that :D
ThickAsThieves: it still wants to rally
ThickAsThieves: if gox will let it
assbot: [BTCTC] [S.DICE-PT] 3 @ 0.0048 = 0.0144 BTC [+]
mircea_popescu: http://notice.instawallet.org/
mircea_popescu: wait a second.
mircea_popescu: they pay < 50 btc after 90 days and > 50 btc IF POSSIBLE ?
mircea_popescu: so funds were in fact lost.
Bugpowder: looks like it
Bugpowder: minicyprus
pizzaman1337: oh noes
Bugpowder: what was that transaction again?
ThickAsThieves: its funny how AAPL only goes up when the rest of tech goes down
bgupta: tech is a zerosum game no? ;) Apple vs everyone else.
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.50000, Best ask: 138.00000, Bid-ask spread: 0.50000, Last trade: 138.00000, 24 hour volume: 125538.92052295, 24 hour low: 108.00005, 24 hour high: 147.00000, 24 hour vwap: 126.35150
Bugpowder: gawd damnit
bgupta: Bugpowder: what is wrong?
bgupta: weren;t you just buying?
bgupta: at ~130
Bugpowder: no
Bugpowder: i am a bit loser
bgupta: ahh "got ask filled at 132.5 ouch"
bgupta: (lower)
Bugpowder: 90% of the time, the best move is to sit on hands
bgupta: with the lag trading seems a crapshoot.
bgupta: (random lag)
assbot: [MPEX] [S.DICE] 1000 @ 0.00333521 = 3.3352 BTC [+]
unbalanced_: Bugpowder: I concur see quote #1 http://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Operator#Quotes
unbalanced_: I wish I'd sat tight this morning instead of my derp trades.
jurov: According to media headlines, Slovenia can soon be next to request a financial help from EU. Do you have any plan B to protect your customers funds in case the Cyprus will happen over again?
mircea_popescu: lol
jurov: Bitstamp: Yes, we are in process of opening a UK based bank account.
jurov: ^ appeared in my fb feed
bitesak: sounds stressful
mircea_popescu: "we don't have that much money anyway"
ThickAsThieves: anyone else have trouble sending bitcoins from WeExchange today
assbot: [MPEX] [S.DICE] 1500 @ 0.0033 = 4.95 BTC [-]
assbot: [MPEX] [S.DICE] 50 @ 0.0031702 = 0.1585 BTC [-]
bitesak: obviously the UK is a much bigger financial center but still are not immune to a rough ride
jurov: would be interesting if FSA will take any action against bitstamp
unbalanced_: When does SDICE officially declare a div or non-div? Today, tomorrow?
assbot: [HAVELOCK] [SDICE] 33 @ 0.33 = 10.89 BTC [+]
assbot: [HAVELOCK] [SDICE] 11 @ 0.325 = 3.575 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.32 = 3.2 BTC [-]
bitesak: unless they have been preparing this for a while, I don't think they will be having a bank account too soon
mircea_popescu: unbalanced_ they have to do it within five days of new month
mircea_popescu: unless exceptional circumstances.
kakobrekla: ;;ticker
gribble: BTCUSD ticker | Best bid: 138.78000, Best ask: 138.80000, Bid-ask spread: 0.02000, Last trade: 138.80000, 24 hour volume: 126892.36002240, 24 hour low: 108.00060, 24 hour high: 147.00000, 24 hour vwap: 126.58123
kakobrekla: ;;goxlag
gribble: MtGox lag is 226.450443 seconds. During this time, light travels 0.453804152306 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
mircea_popescu: you could have sent a bitcoin straight into the trashbin.
Uglux: https://bitpay.com/amazon
Uglux: thefuck?
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.18861 BTC [+]
mircea_popescu: This currently works only with WooCommerce.
mircea_popescu: awww.
mircea_popescu: i was impressed for a second
jborkl: The services BitPay offers have not been directly approved by Amazon.com and customers should not confuse these services offered by the Bitpay WooCommerce plugin as being endorsed, sponsored or approved by Amazon.com.
jborkl: too bad
Uglux: ;)
assbot: [BTCTC] [BTC-TRADING-PT] 9 @ 0.1886 = 1.6974 BTC [-]
assbot: [BTCTC] [BTC-TRADING-PT] 10 @ 0.1886 = 1.886 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.755 = 3.02 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.4 = 1.6 BTC [+]
assbot: [HAVELOCK] [VTX] 25 @ 0.4 = 10 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.405 = 1.62 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.41 = 6.15 BTC [+]
Uglux: and still no update on AMs missing 6Thash...
ThickAsThieves: yep i anticipate sell offs this week
ThickAsThieves: sdice has weakened too
jborkl: yet, as of yesterday they were up 750 bitcoins or so, just in the first couple days
jborkl: that can change of course, but a really good start
assbot: [HAVELOCK] [VTX] 2 @ 0.41 = 0.82 BTC [+]
mircea_popescu: Uglux it;'s been 3 months yet ?
assbot: [HAVELOCK] [VTX] 1 @ 0.41 BTC [+]
deadweasel: http://www.usd2btc.com/ ?
Uglux: yea, i call it a bf-ai-l/avalonism. promising shit. delivering "somthing" + blabla...
assbot: [HAVELOCK] [VTX] 22 @ 0.41 = 9.02 BTC [+]
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.80000, Best ask: 138.00000, Bid-ask spread: 0.20000, Last trade: 138.00000, 24 hour volume: 128828.52600909, 24 hour low: 108.05000, 24 hour high: 147.00000, 24 hour vwap: 126.82527
assbot: [HAVELOCK] [VTX] 7 @ 0.41 = 2.87 BTC [+]
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 133.33000, Best ask: 134.00000, Bid-ask spread: 0.67000, Last trade: 134.00000, 24 hour volume: 128637.79888326, 24 hour low: 108.45001, 24 hour high: 147.00000, 24 hour vwap: 127.12429
Bugpowder: "To learn that a man can make foolish plays for no reason whatever was a valuable lesson. It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind."
Bugpowder: This is what just happened to me with mircea_popescu's bubble poppin' talk
mircea_popescu: wait what ?!
Bugpowder: I SOLD IT ALL
Bugpowder: oh wait
mircea_popescu: um
mircea_popescu: what, you sold it for less than 133 ?!
Bugpowder: no just 20%
Bugpowder: whew
Bugpowder: ;;ticker
gribble: BTCUSD ticker | Best bid: 134.00000, Best ask: 134.99900, Bid-ask spread: 0.99900, Last trade: 134.99900, 24 hour volume: 128637.79888326, 24 hour low: 108.45001, 24 hour high: 147.00000, 24 hour vwap: 127.12429
Bugpowder: and now its falling agoin
bgupta: Bugpowder: Perhaps a break is in order?
bitesak: just sit on your hands
mircea_popescu: soooo... whatcher on aboot.
pgp: feels like it needs to take a breather...
kakobrekla: umm
Bugpowder: One month ago I would be so stoked to have this value in my total btc portfolio. Now I've cashed that same amount out, and still have more left.
kakobrekla: did last blockchain glitch happen 1480 blocks ago?
Bugpowder: no matter what, I'm not going to buy puts.
bgupta: why not? Too expensive?
Bugpowder: Well hello text message....
Bugpowder: new localbitcoins contact...
Bugpowder: I guess I can sell just a bit more.
Bugpowder: I always lose on puts.
Bugpowder: YMMV
bgupta: sigh: http://nymag.com/daily/intelligencer/2013/04/i-bought-a-bitcoin.html
bgupta: Hey can someone explain what the story is with coinlab and mtgox? If I have an exisiting mtgox does that mean I can't trade, or it's a pain to transfer fiat in and out?
mjr_: new idea: betting game based on random goxlag numbers...goxlagdice
saulimus: someone will analyze the statistics of goxlag on create a strategy based on that...
saulimus: on -> and
Jackmani_: lol
bgupta: mm. there already is one...
Jackmani_: if (lag > 10s) buy at tickerprice - 10%
mjr_: lol
mjr_: it will be provably unfair to all participants
bgupta: chart is quite insane… http://bitcoincharts.com/charts/mtgoxUSD#rg60zigHourlyztgSza1gSMAzm1g1zm2g25zv even with pullback
bgupta: I think there was a bit of a bumrush after 100 looked like it would hold
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 133.50000, Best ask: 134.30000, Bid-ask spread: 0.80000, Last trade: 134.30000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
KRS-1: thats old though right
assbot: [MPEX] [S.MPOE] 10953 @ 0.00067393 = 7.3816 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.09 = 0.9 BTC [-]
pgp: oh boy
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.101 = 0.202 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.100001 = 0.5 BTC [-]
mircea_popescu: goxlice ?
mircea_popescu: o look. 3k sold brought it down another 10%.
Namworld: stupid gox....
Namworld: seriously, someone kill them please
mircea_popescu: the power is yours.
mircea_popescu: do you use them ?
KRS-1: this is just temp?
mircea_popescu: no.
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 126.25000, Best ask: 126.93439, Bid-ask spread: 0.68439, Last trade: 126.25000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
KRS-1: seems like it will go further
mircea_popescu: Apr 03 14:11:37 <mircea_popescu> so basicvally... any dollar over 100 anyone pays on a btc is a dollar lost.
bgupta: 12 point spread on clarkmoody
KRS-1: ;;ticker
gribble: BTCUSD ticker | Best bid: 125.12500, Best ask: 127.00000, Bid-ask spread: 1.87500, Last trade: 127.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
bgupta: seeing trades osilating between 127 and 115
assbot: [HAVELOCK] [SDICE] 1 @ 0.32100001 BTC [+]
mircea_popescu: its trading ~117 atm
dub: bob has bitch tits
Namworld: Gox is completly useless...
bgupta: no the bid.. ask looks a lot higher.. at least for the moment
bgupta: s/no/on/
mircea_popescu: 115s
jborkl: look at coinlab
jborkl: 115
pgp: fucking crazy
mircea_popescu: no, actually, perfectly healthy.
mircea_popescu: the runup past 100 was the crazy part.
jborkl: yes, the runup past 100 was nuts
pgp: where are the grownups?
mircea_popescu: lemmings have hopefully been slaughtered enough to learn for the future.
mircea_popescu: but if not...
bgupta: I see 125.125, 125.125, 115.123, 115.12156.. huge spread again
assbot: [BTCTC] [S.DICE-PT] 22 @ 0.00441 = 0.097 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 200 @ 0.0044 = 0.88 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 86 @ 0.004305 = 0.3702 BTC [-]
jborkl: looks like 105 will print here in a minute
bgupta: real thin between 115 and even 134..
assbot: [BTCTC] [GSDPT] 1 @ 0.004096 BTC [+]
assbot: [BTCTC] [GSDPT] 53 @ 0.004096 = 0.2171 BTC [+]
assbot: [BTCTC] [GSDPT] 100 @ 0.004097 = 0.4097 BTC [+]
assbot: [BTCTC] [GSDPT] 154 @ 0.004098 = 0.6311 BTC [+]
thestringpuller: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00310001 / 0.00331688 / 0.00400173 (29870 shares, 99.08 BTC), 7D: 0.0031 / 0.00330394 / 0.00448 (727656 shares, 2,404.13 BTC), 30D: 0.00300001 / 0.00422354 / 0.006225 (1578663 shares, 6,667.56 BTC)
thestringpuller: !ticker m s.mpoe
assbot: [MPEX:S.MPOE] 1D: 0.00067351 / 0.00068435 / 0.00069999 (215208 shares, 147.28 BTC), 7D: 0.00059218 / 0.0006566 / 0.00069999 (2600753 shares, 1,707.67 BTC), 30D: 0.00059218 / 0.00072363 / 0.00078628 (18234279 shares, 13,195.02 BTC)
thestringpuller: !ticker h him
assbot: [HAVELOCK:HIM] 1D: 1.87000000 / 1.94453478 / 2.00000000 (23 shares, 44.72430000 BTC), 7D: 1.80000000 / 1.92572839 / 2.08000000 (162 shares, 311.96799996 BTC), 30D: 1.40001001 / 1.80151405 / 2.08000000 (737 shares, 1327.71585265 BTC)
assbot: [BTCTC] [S.DICE-PT] 1246 @ 0.00426 = 5.308 BTC [-]
bgupta: As percentages go this isn't really that unusual for btc.. but with the increase in value a 10+ point spread seems wide
assbot: [BTCTC] [GSDPT] 746 @ 0.004098 = 3.0571 BTC [+]
assbot: [BTCTC] [GSDPT] 500 @ 0.0041 = 2.05 BTC [+]
assbot: [MPEX] [O.USD.C131T] 1 @ 0.14307752 BTC [-]
mircea_popescu: i would say today is a great day in that disaster was averted
Uglux: until the next day
assbot: [BTCTC] [S.DICE-PT] 490 @ 0.00426 = 2.0874 BTC [-]
mircea_popescu: nah, at least in theory hysteria just needs a coupla slaps.
ThickAsThieves: ;;ticker
bgupta: mircea_popescu: What is your fear in particular? megacrash?
gribble: BTCUSD ticker | Best bid: 119.22835, Best ask: 120.00000, Bid-ask spread: 0.77165, Last trade: 120.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
assbot: [BTCTC] [GSDPT] 490 @ 0.004199 = 2.0575 BTC [+]
bgupta: (which breaks all faith in btc)
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 117.70000, Best ask: 120.00000, Bid-ask spread: 2.30000, Last trade: 117.70000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
Bowjob: ooh crash
jborkl: I would think the greatest fear would be the bot gets megaraped
Bowjob: ;;gox
gribble: Error: "gox" is not a valid command.
Bowjob: ;;goxlag
gribble: MtGox lag is 388.162939 seconds. During this time, light travels 0.777874183667 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
Bowjob: ah, we got goxxed again
Namworld: goxlag makes me feel like shooting a missile right at their face...
Namworld: It's still not fixed... how incompetent can you be?
mircea_popescu: bgupta there's a fundamental macroeconomic problem at work, as follows :
mircea_popescu: the bitcoin holders were done selling.
pgp: it's shocking, really, when you consider the magnitude of the opportunity gox has...
mircea_popescu: left in the market, newb speculators selling to each other
mircea_popescu: turning bitcoin into a sort of "bitcoin gem" by default.
mircea_popescu: this is not acceptable. a buncha new kids don't get to run the town.
mircea_popescu: moreover, the systemic risk they pose is that they'll blow it up then crash it with their desperation, creating fake "proof" that it's "a ponzi"
mircea_popescu: just because they're retards and used it as a ponzi.
pgp: true dat
mircea_popescu: seeing how we're discussing a 1bn+ item here, which is more than a uss carrier with full equipment on board
mircea_popescu: and the wanna-be movers and shakers are... well... you know.
Bowjob: ;;goxlag
gribble: MtGox lag is 458.030321 seconds. During this time, light travels 0.917887634921 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
Bowjob: damn
Bowjob: xD
Bowjob: ;;ticker
gribble: BTCUSD ticker | Best bid: 123.00000, Best ask: 125.00000, Bid-ask spread: 2.00000, Last trade: 125.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
pgp: actually, I believe than an arcraft carrier costs quite a bit more, no?
mircea_popescu: about 1bn afaik
mircea_popescu: haven't been in the market recently tho
Scrat: pgp: quite a lot more
pgp: http://www.facethefactsusa.org/facts/New-Aircraft-Carrier-Does-More-with-Less-Crew/
mircea_popescu: eh fuck me.
pgp: lol
mircea_popescu: i stand corrected.
mircea_popescu: i must be on 1990 dollars or some shit.
mircea_popescu: aaanyway.
jborkl: yeah, 1 billion does not buy the govt much anymore
mircea_popescu: of course that's ops cost
mircea_popescu: ship itself is only half that
jborkl: the water treatment plant the city is builing - ran over budget and cost 1.1 billion
Uglux: so we need an aircraftcarrier index. the pizza index is obsolete :)
jborkl: in a city of 1 million
bgupta: mircea_popescu: Modern carriers are massive. have neculear reactors, and a huge contingent of very expensive warplanes
mircea_popescu: jborkl so basically 1k per capita ? scandalous.
mircea_popescu: bgupta yes yes, i stepped in it :D
jborkl: it is not the only plant either
Bowjob: ;;goxlag
gribble: MtGox lag is 614.571582 seconds. During this time, light travels 1.23159456924 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
Bowjob: even goxlag is lagging
bgupta: perhaps this one can be had for cheap: http://blog.seattlepi.com/aerospace/2011/03/29/wanna-buy-an-aircraft-carrier/
jborkl: heh, i bought a pizza for rg last year and he pain me 1.5 bitcoins
jborkl: lol
mircea_popescu: where's tiberius guy to show me mercedes links when we need him.
jborkl: paid
jborkl: ;;seen topace
gribble: topace was last seen in #bitcoin-assets 4 days, 22 hours, 31 minutes, and 58 seconds ago: <topace>
jborkl: I have gotten 3 messages from localbitcoin buyers today
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 124.62312, Best ask: 125.00000, Bid-ask spread: 0.37688, Last trade: 125.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315
bgupta: ;;goxlag
gribble: Error: Problem retrieving gox lag. Try again later.
bgupta: down again?
jborkl: mtgox.com 502 bad gateway
jborkl: lol
bgupta: mircea_popescu: You have a test instance with fake data? Want to test playing with API without bot asks/bids disappearing.
mircea_popescu: bgupta what is this about ?
bgupta: (Not for direct trading just getting quotes I care about)
bgupta: want to script updated quotes.
mircea_popescu: o you mean the mpex json ?
mircea_popescu: no there's no fake data feed.
bgupta: yeah
bgupta: ok..
mircea_popescu: perhaps try on a more copacetic symbol ?
mircea_popescu: s.bbet is pretty stable say
bowjob: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
bowjob: gox
pgp: truly pathetic state of affairs
bgupta: mircea_popescu: Need account to use API? Hoping not for quotes.
mircea_popescu: you know this api talk keeps throwing me for a loop
mircea_popescu: mpex has no api. it's just some public json/jsonp calls
mircea_popescu: and the trade window
bgupta: ok..
mircea_popescu: so you know, you can pull the feeds just fine, they're public
mircea_popescu: this make sense to you ?
bowjob: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
bgupta: yes.
bowjob: aight. mtgox got ddosed
bgupta: this is what I wanted http://mpex.co/mpex-mktdepth.php
bgupta: (I think)
bgupta: need to pretty print it
mircea_popescu: alrighy.
bowjob: instawallet hacked
bowjob: lol
kakobrekla: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
kakobrekla: ;;goxlag
gribble: Error: Problem retrieving gox lag. Try again later.
dub: don't worry guys they are rolling out ltc and nmc
dub: that will fix it
kakobrekla: and ppcoin
mircea_popescu: no novacoin ?
mircea_popescu: also, i hope ycombinator has litebase, litelab, namebase, namelab
jborkl: pee pee coin
mircea_popescu: blablab and tralalab all ready
jborkl: ?
pgp: this gox shit just gets me so hot under the collar...
dub: ppcoin is going to buy me an 86
bowjob: gox did a runner. the biggest bitcoin scam on the universe
pgp: any insight into why they just can't license a matching engine...
bowjob: i hope they are proud
dub: pgp: idiocy
jborkl: ddos
dub: yes they are incompetent because ddos
mircea_popescu: https://bitcointalk.org/index.php?topic=165880.msg1733865#msg1733865
mircea_popescu: this guy... lol
mircea_popescu: pgp you understand only recently they had any money ?
mircea_popescu: (recently = since about feb)
pgp: I see - success basically caught these guys with their pants down
jborkl: no, it made them a massive target
jborkl: pants or no pants
mircea_popescu: history of mtgox for the more recent bitcoin ppl :
mircea_popescu: started about a year after btc as an outgrowth of a game cards trading thing owned by the guy now doing ripple.
mircea_popescu: was basically given away to tux because of legal concerns.
mircea_popescu: tux proceeded to get hacked, lose the entire email base, to this day these emails are spammed.
mircea_popescu: tux then proceeded to get hacked, which may or may not have been the fake account they used to house trade, but anyway btc got sold down to 0
taub: and why hasnt it made money since forever?
mircea_popescu: tux then got outside investors for ~1.5mn
mircea_popescu: used this to get offices, hire some employees, get some real servers, etc.
mircea_popescu: this put him in the red all through 2012 (plus some hacks and other unsavory shit, plus taking over hacked stuff like a polish exchange
bgupta: jezz down for 20 mins
mircea_popescu: plus making a narrow escape from the EU for not having banking licenses)
mircea_popescu: they were marginally profitable once btc went over 10 again, but barely enough to dig investors out of their equity hole
mircea_popescu: then the high prices high volumes hit, now they're making enough to be an actual business.
mircea_popescu: but they only have for two months, give or take.
mircea_popescu: taking questions.
taub: more on that EU escape story?
jborkl: very nice rundown mp
mircea_popescu: taub had a bank account in france, french authority investigated them
mircea_popescu: they offered the theory that they don't need licensing because bitcoin
dub: you missed tux being a pompus bag of dicks
mircea_popescu: got shut down the next day
pgp: accross the uruls on camelback?
jborkl: hen I signed up(right after the hack) they gave me a free yubikey- free shipping
mircea_popescu: no charges (but maybe a civil penalty, it's unclear)
taub: i see
mircea_popescu: currently they're also involved into a mess not of their making
pgp: ?
mircea_popescu: whereby they have a bunch of bitcoinica funds which two parties are disputing in nz and ca
jborkl: oh yeah, I forgot they still have those
dub: thats hardly a burden, they hold btc unitl court ruling
jborkl: that is a nightmare
dub: holding btc is a nightmare?
pgp: so... he's a survivor is what you're saying...
mircea_popescu: dub if they still have it.
dub: he's a bottom feeder
mircea_popescu: pgp not rly. btc has no standards is what i'm saying.
dub: and in bitcoin that is the best place to feed
mircea_popescu: the other "survivor", bitfloor, lost millions of users funds
mircea_popescu: opened up for business like nothing happened
mircea_popescu: PEOPLE STILL USE THEM.
dub: hopefully they stay dossed long enough for a real exchange to open
pgp: anybody have any insight to the coinlab terms?
jborkl: that place should have just shut down
mircea_popescu: dub won't happen, because people have absolutely no preference for quality.
jborkl: the best exchange is in the us actually- imo
mircea_popescu: they will do things like lend on forum. who cares ?
jcpham: so whats new
dub: mircea_popescu: they will move if they can never access gox again
bgupta: so trades appear to slowly be going through, just websockets are down
[\\\]: news?
mircea_popescu: yes. to bitfinex.
jcpham: i'm sure i can just pick some thing
jcpham: some hack, some rally, some press
jcpham: what's the best drama
dub: all it takes is someone that isnt a) an existing scammer b) from russia to create an alternative
[\\\]: jcpham: butterfail labs
mircea_popescu: gypsies qualify ?
jcpham: luke-jr still scammin
jcpham: posting fake asic pics on the internets
jcpham: i heard about that
bgupta: #mtgox-RT is slowly getting updates
jcpham: bfl shipping delayed: out of box tape
dub: mircea_popescu: it would take a gyppo with PR that doesnt alienate 80% of potential custies
jcpham: ^
jcpham: i think he referring to someone
Luke-Jr: jcpham: love your trolling, claiming my ASIC is fake
jcpham: dude i read it on reddit
jcpham: it must be true
dub: not that I have a problem with that in reference to MPEX, you don't want those 80% but an alt gox needs critical mass
jcpham: i can't come up with this gold
Luke-Jr: if they've put the effort into faking it, I'll be pretty pissed at having to write new drivers
assbot: [HAVELOCK] [SDICE] 1 @ 0.32100002 BTC [+]
assbot: [HAVELOCK] [SDICE] 4 @ 0.32100001 = 1.284 BTC [-]
assbot: [HAVELOCK] [SDICE] 30 @ 0.321 = 9.63 BTC [-]
mircea_popescu: dub that's only because your nose is too big.
assbot: [HAVELOCK] [SDICE] 23 @ 0.32 = 7.36 BTC [-]
jcpham: luke-jr i want to defend you on the forums sometimes
assbot: [HAVELOCK] [SDICE] 15 @ 0.30000001 = 4.5 BTC [-]
jcpham: why does everyone attack luke-jr when all he does is help bitcoin
dub: mircea_popescu: it helps me breath up all the white mans air
mircea_popescu: jcpham because he helps bitcoin be more like the shithole he lives in
mircea_popescu: ie, a house of failure.
jcpham: you are so harsh mircea_popescu
mircea_popescu: but anyway : i will dare say that a functioning exchange would be a serious problem at this point.
mircea_popescu: the fact they suck creates a lot of friction, which insulates us
mircea_popescu: which turns out to be critical when idiocy like the recent bubble strikes.
pgp: a better way will emerge
mircea_popescu: certainly, but in a year or so.
mircea_popescu: so far mtgox is a half-baked buggy implementation of capital controls.
pgp: I think less
jcpham: mircea_popescu what color is your soapbox?
pgp: it's the color of money
[\\\]: jcpham, that ain't soap
deadweasel: lol [\\\]
jcpham: thank god for coinlab amirite trollface
pgp: so, goxcodes are going away?
[\\\]: frakking coinlab
pgp: so far coinlab is all talk
jcpham: once your new overlords tell you what you can ant do, everything will be fine
mircea_popescu: <pgp> it's the color of money << i like this one.
jcpham: there's always bitfloor. you can sell coins for anything over there
dub: is coinlab actually an exchange or just handling banking for dwolla users
dub: or instead of dwolla
[\\\]: they aren't doing anything at the moment
dub: I realise this
jcpham: dub i think everything is the answer
mircea_popescu: i don't think you do.
jcpham: the exchange
jcpham: for sure
[\\\]: so then to indicate what they are doing is a bit premature
pgp: bitfloor is a good tech all around, but one man show is a problem
[\\\]: coinlabs is attempting to be the USD exchanger
mircea_popescu: the kid is talented, granted.
dub: one idiot show
mircea_popescu: but he has the geek disease.
[\\\]: and mtgox will be the btc exchanger
pgp: i've met with him several times...
jcpham: there was an article from this week where Mark basically says mtgox wants coinlab to handle the US, they don't want to fool with anything in the US
pgp: you can lead a horse to water
[\\\]: oh, it'll drink
[\\\]: either willingly or once it passes the hell out
[\\\]: hold its head under the water long enough, it'll drink
deadweasel: an equestrian, i see.
[\\\]: nah
jcpham: http://www.forbes.com/sites/timothylee/2013/04/03/four-reason-you-shouldnt-buy-bitcoins/
[\\\]: hold any creature underwater long enough and it'll drink
deadweasel: my bad, a biologist.
mircea_popescu: [\\\] even spanish galleons ?
jcpham: ok so the link, the name of the article is "4 reasons you shouldn't buy bitcoins"
jcpham: last paragraph: Conclusion. With all that said, I think there’s a good chance that Bitcoins will continue to appreciate. I still have the majority of the Bitcoins I bought in early 2012 and I plan to hold onto them for a while to see what happens.
dub: 5th reason, dicks everywhere
jcpham: so fucking classic
deadweasel: he wants cheap btc
pgp: lol
pgp: reagrding his 3rd point... aren't there plans to possibly prune the blockchain?
dub: heh http://afiler.com/five-bytecoin-note/
mircea_popescu: so im looking at the bfl asic and all i can think of is
mircea_popescu: dude... where's the fans ?!
mircea_popescu: they demo'd a box of fans and then their board is passive cooled ?!
jcpham: yep
dub: are there more pics or just the luke-jr fakes?
[\\\]: mircea_popescu: you weren't supposed to notice
ll: !t h sdice
assbot: [HAVELOCK:SDICE] 1D: 0.30000000 / 0.34500832 / 0.40000010 (513 shares, 176.98926940 BTC), 7D: 0.30000000 / 0.38560232 / 0.46500000 (1790 shares, 690.22815553 BTC), 30D: 0.30000000 / 0.46949071 / 0.62950000 (6155 shares, 2889.71533662 BTC)
mircea_popescu: dub i was looking at the luke ones
mircea_popescu: [\\\] so now wat ?
mircea_popescu: working 41min @180w without fan? April fool
mircea_popescu: other ppl noticed too
jcpham: what the crap is a bytecoin
dub: whats the chance of dice going back over IPO price?
jcpham: and are there 8 bitcoins to a bytecoin
jcpham: otherwise forget it
dub: Im thinking slim to no fucking way
mircea_popescu: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00310001 / 0.00331495 / 0.00400173 (29681 shares, 98.39 BTC), 7D: 0.0031 / 0.00327191 / 0.00439992 (696729 shares, 2,279.64 BTC), 30D: 0.00300001 / 0.00422354 / 0.006225 (1578660 shares, 6,667.54 BTC)
mircea_popescu: i'd say it depends on what they do with bets.
pgp: good old fashioned deflation
pgp: better to just hold the damn coins
dub: jcpham: https://bitcointalk.org/index.php?topic=164569.0
dub: Maria coins
dub: I have some for sale btw
bowjob: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
jborkl: satoshidice already up 1000 bitcoins this month
Bugpowder: this chart looks ugly
assbot: [HAVELOCK] [VTX] 1 @ 0.44899999 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.45 = 0.9 BTC [+]
bowjob: ;;ticker
gribble: Error: Failure to retrieve ticker. Try again later.
pgp: not that much coin on either side for 10 points...
assbot: [BTCTC] [SYNERGY] 1 @ 0.0125 BTC [+]
assbot: [BTCTC] [SYNERGY] 3 @ 0.0125 = 0.0375 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7407 = 1.4814 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.74 = 1.48 BTC [-]
assbot: [BTCTC] [S.BBET-PT] 15 @ 0.00177 = 0.0266 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.733 = 2.932 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7006 = 1.4012 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7005 = 1.401 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7 = 2.1 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.69 = 2.76 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.683004 = 2.049 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.683004 = 4.098 BTC [-]
pgp: not a lot of depth to that book, eh?
pgp: holy shit
Bugpowder: oh my
Bugpowder: feeling better about the cashing out now
deadweasel: ;;goxlag
gribble: MtGox lag is 6.54048 seconds. During this time, light travels 0.0131070486891 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
Bugpowder: now about those calls....
Bugpowder: ;;bids 0
gribble: There are currently 30745238 bitcoins demanded at or over 0.0 USD, worth 8109918.25254 USD in total. | Data vintage: 146.6280 seconds
Bugpowder: ugh
Bugpowder: weak
Namworld: not weak at all. At least not in the higher priced orderbook
KRS-1: ;;goxlag
gribble: Error: Problem retrieving gox lag. Try again later.
Bugpowder: 8.1M is the weakest I've seen since the last flashcrash
Bugpowder: although a lot of that was just wiped out
Bugpowder: mircera's blog post killed the bubble. :(
Namworld: price looks stable now. More bids than asks...
Namworld: I have a feeling we're not done yet with this bubble-thing
jcpham: mircea_popescu has a blog?
dub: so gox is working via api only?
Bugpowder: It might break 100
pgp: I think so
Bugpowder: whats the 61.8% retrace?
Bugpowder: $90.48
Bugpowder: Might set some buys up at 91
mircea_popescu: jcpham o you didn't klnow ?
jcpham: nah negro
jcpham: sure did not
pgp: here we go...
Bugpowder: oh hai 502, my old friend
mircea_popescu: jcpham must be cause you're new.
Bugpowder: U gonna need to buy some credits boy
jcpham: i'll get the hang of this internet thing one day
jcpham: double-click
mircea_popescu: it's spelled double-clit
jcpham: my mind just lit up with that visualization
assbot: [HAVELOCK] [SDICE] 1 @ 0.35929989 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3592999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.35929991 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.35929993 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.35929995 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.35929997 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.35929999 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3593 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.35939999 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.3595 = 0.719 BTC [+]
deadweasel: is that 4 clicks per clit?
wao: hmm
Namworld: ok... gox is doing this on purpose...
wao: why is sell
mircea_popescu: wao probably somebody needed small change.
wao: Bugpowder: url for mircera blog post?
Bugpowder: mircea_popescu: do you want to be in a documentary re: bitcoin? Was talking to a super early adopter that has been making a doc for the past 2 years. I think he has more liquid coin than you...
mircea_popescu: not particularly.
Bugpowder: aiiight
Bugpowder: its actually half doc / half porn.
Bugpowder: babes of bitcoin