▁▁▁▁▁⏐︎ 19795
Bugpowder: I need to get funding from them
cole_albon: 100 million is not much of a promise
Bugpowder: per year
Bugpowder: you can fund a lot of labs with 100 million
Bugpowder: a typical "big" grant to run a lab, an R01, averages about $250k/yr for 5 years.
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 131.20003, Best ask: 132.14430, Bid-ask spread: 0.94427, Last trade: 132.14431, 24 hour volume: 74652.69434725, 24 hour low: 117.21000, 24 hour high: 142.12000, 24 hour vwap: 132.39843
Bugpowder: well, if I get the job I will try to get that money. In my current position, budget is basically unlimited
Bugpowder: But power is low
thestringpuller: but you have like at least 1mn in btc
thestringpuller: so why not liquidate and start a lab?
thestringpuller: for 4 years
Bugpowder: I am not a bitcoin millionarie
Bugpowder: you guys overestimate
thestringpuller: Did you lose a bit on that put-based position awhile back?
mircea_popescu: he lost it all on gox
Bugpowder: I have lost a lot on puts
Bugpowder: lol
Bugpowder: but yah, did lose on that put play at the end of last month
Bugpowder: gox better send me mah cash
thestringpuller: your call play raped all though
Bugpowder: I wish I had more
cole_albon: string puller are you "the girl" somewhere else?
Bugpowder: only put 20% down.
thestringpuller: Haha. I'm not female.
thestringpuller: There are no females in bitcoin, except those mircea_popescu pays
thestringpuller: and aethero's wife
ThickAsThieves: i was just gonna say that string!
ThickAsThieves: you typed faster
dub: its the internet
thestringpuller: mircea_popescu should make an exchange
thestringpuller: oh yea
thestringpuller: nvm
dub: ie, no girls
cole_albon: yeah - I thought you knew a bit too much about the mpex sentiment index. kinda like what a girl would have to know if they were under the employ of mircea_popescu
ThickAsThieves: cole is MPOE-PR
ThickAsThieves: deflecting
mircea_popescu: this is going well...
Bugpowder: There was also the wife of Kludge, who's money was involved in bitcoins, even if she want.
Bugpowder: wasnt
mircea_popescu: Bugpowder she wasn't his wife.
thestringpuller: MPOE-PR is probably the most anonymous PR agent I've ever seen.
mircea_popescu: he considers her his wife, she considers him a limited liability.
ColdHardMetal: limited?
thestringpuller: mircea_popescu: you know, now that I think about it. You are the only public facing individual of mpex. MPOE-PR is very private (in a sense), and the other "board members" are illuminati style hidden.
mircea_popescu: well she did cut him off once he was costing more than what the naked housecleanning + toe suckling was worth neh ?
mircea_popescu: thestringpuller yes.
ColdHardMetal: fair enough lol
thestringpuller: mircea_popescu is the bitcoin illuminati, be warned!
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7697 BTC [-]
mircea_popescu: no i'm not
mircea_popescu: i just work here.
mircea_popescu: how is she anon anyway
mircea_popescu: there's like... one person on all the forum using their face in their avatar.
mircea_popescu: and that's the one you call anon.
mircea_popescu: how about everyone else then
ThickAsThieves: wait, evoorhees isnt a jester?
thestringpuller: no one knows her name, just what people speculate
cole_albon: I'm sorry I brought her up.
ThickAsThieves: selling all my sdice then
thestringpuller: she could be romanian, but who knows
thestringpuller: her connection to you is only a GPG signed credential
thestringpuller: since you haven't disclosed that you've met in person
thestringpuller: it's quite interesting :)
mircea_popescu: Maria Puella Octavia Eufrosina - Patricia Raphaella de Ruiz y Picasso
cole_albon: sounds expensive
mircea_popescu: well she's tall
mircea_popescu: and she's not romanian, she's murican.
cole_albon: If that was the name of someone, I take back what I said about expensive. I'm from Missouri.
thestringpuller: Missouri is one of the few states I've consistently gotten laid in.
kakobrekla: now saying its cheap??
Bugpowder: lol
thestringpuller: Mid-Western girls are bored by default.
cole_albon: if you mention my sister I'm gonna have to open up a can of wupass
ThickAsThieves: modwestern anything-with-eyes is bored by default, no?
ThickAsThieves: modwestern, heh, sounds like a fashion trend
thestringpuller: I went to Truman for a visit...man those girls no how to party.
thestringpuller: For being in the middle of nowhere, bajeezus.
thestringpuller: know* (can't grammar tonight)
assbot: [BTCTC] [BTC-BOND] 7 @ 0.00999 = 0.0699 BTC [-]
thestringpuller: mircea_popescu how did you stabilize the price?
ThickAsThieves: with his bare hands
cole_albon: lol
cole_albon: I do want to know though...
mircea_popescu: well... you know how they say if you wish for something really really hard it comes true ?
mircea_popescu: this works for some people.
Bugpowder: This is a movement I can support. http://www.theatlantic.com/infocus/2013/04/femen-stages-a-topless-jihad/100487/
Bugpowder: cole_albon: It's called The Secret
Bugpowder: have you read it/
Bugpowder: This is how I made my calls make money
Bugpowder: http://en.wikipedia.org/wiki/The_Secret_(book)
Bugpowder: I just visualized success.
mircea_popescu: Bugpowder http://trilema.com/2010/cum-se-protesteaza-corect/
mircea_popescu: that's me explaining to romanians how to correcrtly protest
cole_albon: I'm glad you made money Bugpowder I should have listened to you - you were right.
ThickAsThieves: this one is dope http://cdn.theatlantic.com/static/infocus/femen040413/s_f15_65342447.jpg
mircea_popescu: after they made some fail demonstrations of fail.
cole_albon: wow that was dope
Bugpowder: I need to get back to my price rise visualizations again
thestringpuller: why not visualize a price crash
mircea_popescu: so two chicks followed me on twitter this hour.
thestringpuller: and make money on puts this time
Bugpowder: I sense... an awareness of another... suppressing the price
mircea_popescu: one's an investment fund partner, the other's a make-up artist and fashion broad.
Bugpowder: My powers only work one way
mircea_popescu: i think the internets r broken
Bugpowder: I gotta go find my credits
thestringpuller: mircea_popescu I met a romanian girl at my bank
thestringpuller: Simona
mircea_popescu: sounds romanian
thestringpuller: you should teach me romanian so I can seduce her
thestringpuller: ;)
mircea_popescu: say "ce frumoasa esti" to her, see what happens
assbot: [HAVELOCK] [SDICE] 8 @ 0.31511 = 2.5209 BTC [-]
assbot: [HAVELOCK] [SDICE] 9 @ 0.3151 = 2.8359 BTC [-]
assbot: [HAVELOCK] [SDICE] 33 @ 0.315 = 10.395 BTC [-]
thestringpuller: forecast for tomorrow "mircea_popescu: I got slapped!!!!"
mircea_popescu: this is why you're single. you have no clue what happens next wioth girls.
ThickAsThieves: mp, did you do a hacker bat signal to ddos mtgox on the rally to 147?
thestringpuller: HAHAHA
mircea_popescu: a bat whaty
ThickAsThieves: did you call in the troops?
thestringpuller: we'll never know
ThickAsThieves: i cant speak without using cliches and expressions, sry :)
mircea_popescu: no i didn't.
ChaangNoi: bat signal is like a spot light in the sky that shows a pic of a bat, batman sees this then goes to save the day
ChaangNoi: comicbooks/cartoons
Bugpowder: another possiblilty is that the price had to crash because it was up 45% in 12 hours.
mircea_popescu: http://pastebin.com/4SUXv67h
assbot: [HAVELOCK] [VTX] 1 @ 0.449992 BTC [-]
dub: jews did 04/03/03
cole_albon: mircea_popescu I don't think I've seen an s.dice dividend yet have I?
ThickAsThieves: my theory is still that a bottleneck at gox caused the rally
mircea_popescu: and Bugpowder has it. in certain circumstances things need to chose one or the other of two paths
ChaangNoi: yeah, 42% was too much, i hope this is now some stability, \
mircea_popescu: bitcoin chose the light.
ThickAsThieves: lack of deposits
Bugpowder: ThickAsThieves: yeah
mircea_popescu: cole_albon i dunno, is it on the mpex page ?
Bugpowder: BTC deposit delay
ThickAsThieves: i just wanted to ask mp outright, rather than have people wonder
Bugpowder: I was waiting 35 confirmations
ThickAsThieves: even if he lied about it obv ;)
Bugpowder: everyone else must have been too.
cole_albon: yes, but I do not recall seeing it in any STAT so far.
dub: Bugpowder has it. Its a -dev safety valve
Bugpowder: ;;bids -
gribble: Error: '-' is not a valid floating point number.
Bugpowder: ;;bids 0
dub: stop the network transacting to protect from bubble
gribble: There are currently 31092307 bitcoins demanded at or over 0.0 USD, worth 10131721.5745 USD in total. | Data vintage: 0.0099 seconds
ThickAsThieves: maybe MPOE-PR did it
mircea_popescu: if you look at the times, the rally was broken and the trend reversing hours before mtgox was blinking
Bugpowder: ohhhh hai!
Bugpowder: back over $10 million!
Bugpowder: RALLLY TIME
mircea_popescu: ;;asks 999999999999
gribble: There are currently 63713.817 bitcoins offered at or under 999999999999.0 USD, worth 1.46160793292e+12 USD in total. | Data vintage: 36.6863 seconds
dub: peanut butter rally time
Bugpowder: -visualizing-
mircea_popescu: heh. i wonder if anyone realises that with ~5% of btc on their system, mtgox barely matters in the scheme of things
ThickAsThieves: not many realize that
ChaangNoi: i have more than realized that
ChaangNoi: fuck gox
Bugpowder: I am just amazed that the super early adopters don't sell at least a little.
Bugpowder: BTW - mircea_popescu, Rassah actually ISN'T my friend.
Bugpowder: it was all a terrible misunderstanding
ThickAsThieves: how many 100,000+ owners do you think their are?
ThickAsThieves: there
Bugpowder: I know of one.
mircea_popescu: heh.
Bugpowder: personally
Bugpowder: didn't know he had so much
thestringpuller: mircea_popescu: the question is who would rise from the ashes? bitcoin-central?
Bugpowder: till 2 nights ago
mircea_popescu: what ever happened to rassah ? i remember he busting his ballsack over having sold at 20 and bought a new car
Bugpowder: he hasn't sold any
mircea_popescu: and how smart he is.
mircea_popescu: i guess sepukku ?
ThickAsThieves: speaking of suicide, whats up with BFL?
Bugpowder: dead spasms
dub: fuck bitcoin, at this rate im buying the 86 with ppcoin
mircea_popescu: i can't understand that retarded bets of bitcoin dood.
ChaangNoi: BFLspecs are down, plus deay
mircea_popescu: pushing that bet ? what is he, braindead ?
ThickAsThieves: plus higher prices
cole_albon: mircea_popescu I apologize I read 04-03-13 as April 3rd. I'm from Missouri
ChaangNoi: yeah higher prices
ChaangNoi: bfl is fucked
Bugpowder: one of my friends I turned on to bitcoin bought a loaded Golf TDI tonight
ThickAsThieves: if BFL changes posted specs, does that affect bitbets
ChaangNoi: i wonder how they can ship out the first units
Bugpowder: he invested $500. Just cashed out a fraction..
ThickAsThieves: BFL has plenty units ready
dub: <3 BFL
ThickAsThieves: they are just using them
ChaangNoi: they said the 66 wont ship now, get two of the 32, then lol its only 25
dub: don't care that I paid $13k for a non existant asic
dub: AM is going to make bank
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 134.48668, Best ask: 134.48700, Bid-ask spread: 0.00032, Last trade: 134.48668, 24 hour volume: 74092.84282738, 24 hour low: 117.21000, 24 hour high: 142.12000, 24 hour vwap: 132.56604
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 5.304483 seconds. During this time, light travels 0.01063012454 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
mircea_popescu: dub i thought you weren't into btc, too risky.
Bugpowder: redistribution of wealth from america to china, AGAIN
ChaangNoi: AM is goingto rape:)
mircea_popescu: ChaangNoi they still haven't got 12 th online you know
mircea_popescu: their chips still are blowing up like chinese lightbulbs.
ChaangNoi: they are building a data center
dub: mircea_popescu: btc is for fags
mircea_popescu: yeah sure. and an island
ChaangNoi: mp, im happy to wait, cuz they going to rape
ChaangNoi: i dont know about the island, but that is not a bad idea
ChaangNoi: they will be able to afford it
ChaangNoi: nation of btc!
dub: I have an island
ChaangNoi: powered by am!
mircea_popescu: listen, everyone's getting raped just as soon as someone with a clue starts doing it.
mircea_popescu: asic producers, miners, fiat exchanges, the works.
ThickAsThieves: "Butterfly Labs aka BFL will deliver ASIC Bitcoin mining devices to their customers before 1st of July 2013. Devices must be in scope of at least +-10% of advertised performance in order to be accepted as valid."
mircea_popescu: pretty much nothing you see today will be here as bitcoin reaches maturity.
ChaangNoi: i have faith in friedcat, yes, there was a delay but its not cuz his hardware failed
ThickAsThieves: they changed advertised specs
ThickAsThieves: soooo?
thestringpuller: mircea_popescu: what about you? will you remain?
mircea_popescu: myeah.
mircea_popescu: ThickAsThieves so what ?
dub: ThickAsThieves: did it change for existing orders?
ChaangNoi: hmmm
ChaangNoi: that is a sticky wicket
dub: wat
mircea_popescu: ChaangNoi that theory would have been easily enough proven by delivering on their promise to send samples to community members.
mircea_popescu: they didn't, and aren't mentioning it again.
ThickAsThieves: it doesnt say anything about when people order
ThickAsThieves: just advertised specs
ChaangNoi: mp they are going to sell them in auction style
ChaangNoi: i guess you are not a board member?
mircea_popescu: i just use more salt to digest friedcat's stuff than you people.
ChaangNoi: well if you are right in the end, i will have less btc
mircea_popescu: for instance, when someone promises something and then they don't deliver on their promise, even if they're chinese
dub: mircea_popescu: I thought china could do no wrong?
mircea_popescu: i don't jump to the unrelated "they will x"
mircea_popescu: dub eh ?
ChaangNoi: well buy AM stock or more gpus... hmmm
dub: you're always talking up china
ThickAsThieves: even if AM does what they say, it doesnt mean there wont be more delays
Bugpowder: $10.23MM
mircea_popescu: actually no matter what, delays there will be
kakobrekla: new indicator, beats OIX
kakobrekla: http://jezus.si/graf/dashboards/bitcoin/details/1
ThickAsThieves: just cuz friedcat was first doesnt mean he will do everything right the first time
ThickAsThieves: arguably first*
thestringpuller: ;;seen smickles
gribble: smickles was last seen in #bitcoin-assets 11 hours, 39 minutes, and 57 seconds ago: <smickles> a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm
mircea_popescu: kakobrekla cool, that'll be useful next sturles shows up
ChaangNoi: AM and friedcat is looking like the best bet right now on asics as far as i can invest, bfl, hhhaa no, avalon? maybe but at this price, no
ThickAsThieves: i like AM, but i dont like repeatedly moving targets
dub: they'll be more in the market soon surely
ChaangNoi: AM has said they will shoot for 10% average over a year
thestringpuller: what does AM stand for?
mircea_popescu: https://bitcointalk.org/index.php?topic=167459.msg1743668#msg1743668
mircea_popescu: dude this sort of shit.
ChaangNoi: not a moving target... they also say they have a bunch of chips, but no power...
mircea_popescu: "our system did something we don't know why it happens nm we'll undo it manually"
mircea_popescu: i'm like...
dub: thestringpuller: asicminer
dub: mircea_popescu: lol
ChaangNoi: yankee...
thestringpuller: mircea_popescu: send them some of your programmers
ChaangNoi: mp why not make a romanian exchange?
thestringpuller: ^-this
mircea_popescu: im not interested in handling fiat.
Bugpowder: Is romania signed on to FATCA?
mircea_popescu: i'm not interested in writing code
mircea_popescu: i'm not going to be the mother of bitcoin invalids.
mircea_popescu: how about other people do their job too.
mircea_popescu: Bugpowder it makes jack shit of a difference, i could easily do it.
mircea_popescu: i know half the bankers in the country.
mircea_popescu: unlike absolutely any other bitcoiner i can just walk into a bank's boardroom and talk to the board.
mircea_popescu: but i'm not interested in doing fiat.
ChaangNoi: btcguild 48% time ot fire the lazorz?
thestringpuller: mircea_popescu: it will be funny when I drop your name to simona tomorrow and she happens to know you...for some reason...
mircea_popescu: seems unlikely.
dub: ;;nethash
gribble: 56918.28101
ChaangNoi: ltc still over $4 lol
dub: ;;calc [nethash]*0.48
gribble: 27320.7748848
assbot: [MPEX] [S.MPOE] 10369 @ 0.00070698 = 7.3307 BTC [-]
ThickAsThieves: i think AM might have some kind of balancer that moves hashes to oxcoin
ThickAsThieves: ozcoin*
mircea_popescu: I started with 0.1. I made it to 0.2 playing over a week and 200 transactions later. Then it went down to 0.04. Then I made it go back up to 0.2. After 400 transactions later, I lost it all in a do-or-die bet, the final bet was 0.04 or something like that.
dub: ThickAsThieves: they should be soloing ppcoin
mircea_popescu: https://bitcointalk.org/index.php?topic=167215.msg1741392#msg1741392
ThickAsThieves: ;;asks 139.90
gribble: There are currently 3545.7036 bitcoins offered at or under 139.9 USD, worth 489984.985767 USD in total. | Data vintage: 97.0218 seconds
mircea_popescu: the instawallet was actually haxt
dub: instalollet was french?
Bugpowder: so that 14k BTC transaction was theirs or not?
dub: the duns were fully under their control
dub: funds*
mircea_popescu: yea
mircea_popescu: well... i guess the 40k rthey moved was some panic attack.
mircea_popescu: but they had already lost some
mircea_popescu: anyway, i dunno, davout is awol.
mircea_popescu: this is wrong with these people, they fuck up, they dissapear.
mircea_popescu: he should be here.
dub: they are french, they probably just handed over privkeys to the hackers
Bugpowder: ;;bids 0
gribble: There are currently 31095190 bitcoins demanded at or over 0.0 USD, worth 10470655.1418 USD in total. | Data vintage: 7.9970 seconds
Bugpowder: heheh
Bugpowder: we are going up tonight
Bugpowder: get ready
ChaangNoi: my rocket is ready
ChaangNoi: hmm today is a friday
Bugpowder: yeah i know
Bugpowder: 10.5
Bugpowder: the weekend dip happened before the weekend
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7697 BTC [-]
mircea_popescu: heh.
mircea_popescu: Bugpowder why be such a noob ?
mircea_popescu: bitcoin is a lot more than "quick profits" you know.
Bugpowder: I am happy to take a pause from rapid price gains on say... April 27th.
Bugpowder: At this point though, I've cashed enough out that I'm just gonna sit on the rest for a long time
Bugpowder: or actually use them in the economy
assbot: [BTCTC] [RSM] 50 @ 0.0025 = 0.125 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.449992 = 0.9 BTC [-]
mircea_popescu: what's on april 27th
Bugpowder: options will have expired
Bugpowder: :-D
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7698 BTC [+]
mircea_popescu: o lol
assbot: [MPEX] [O.USD.C062N] 10 @ 0.73421811 = 7.3422 BTC
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7698 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7698 = 2.3094 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.7699 = 15.398 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.78 = 3.9 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7829 = 2.3487 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.919 BTC [+]
ThickAsThieves: btc-e charging .5ltc to withdraw, that's like $2.20
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 135.80001, Best ask: 136.00000, Bid-ask spread: 0.19999, Last trade: 136.00000, 24 hour volume: 70079.70788410, 24 hour low: 126.69058, 24 hour high: 142.12000, 24 hour vwap: 133.76636
bgupta: ;;goxlag
gribble: MtGox lag is 0.952282 seconds. During this time, light travels 0.00190836246572 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 133.55
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009999 = 0.1 BTC [+]
assbot: [BTCTC] [BTC-BOND] 616 @ 0.01 = 6.16 BTC [+]
assbot: [BTCTC] [BTC-BOND] 10 @ 0.01 = 0.1 BTC [+]
assbot: [BTCTC] [BTC-BOND] 564 @ 0.01 = 5.64 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.7829 = 3.9145 BTC [+]
Cryptrader: Is there any channel good for discussing trading btc/ltc/nmc etc?
bgupta: Don't know about a good channel, but you are in a channel. ;)
bgupta: someone just bought like 3200 btc at the market
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.38456, Best ask: 137.98900, Bid-ask spread: 0.60444, Last trade: 137.38456, 24 hour volume: 72490.77444922, 24 hour low: 126.69058, 24 hour high: 142.12000, 24 hour vwap: 134.00274
jcpham: http://finance.yahoo.com/news/bank-japan-scraps-overnight-call-051241190.html
ThickAsThieves: wait Japan is gonna double the amount of currency in two years, did i read that correctly?
jcpham: 1.4 trillion in commited QE
jcpham: hold on to your seats
ThickAsThieves: going to bed, i expect you guys to get btc up to 140 while i sleep
assbot: [MPEX] [S.MPOE] 4450 @ 0.00070686 = 3.1455 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7829 BTC [+]
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 135.55406, Best ask: 136.83316, Bid-ask spread: 1.27910, Last trade: 135.55405, 24 hour volume: 71104.21539651, 24 hour low: 126.69058, 24 hour high: 142.12000, 24 hour vwap: 134.14703
ChaangNoi: im a goat!
bgupta: so is this Japan thing another sign that fiat is in trouble, and that btc is where we should be?
B0g4r7: yes pinky
bgupta: so borrow Yen, and buy btc..
bgupta: (Not that I can really borrow Yen ATM..
ChaangNoi: japan??
bgupta: http://finance.yahoo.com/news/bank-japan-scraps-overnight-call-051241190.html
B0g4r7: why are they talking about Japan and dollars?
denialdenial: read it goat
ChaangNoi: reading, thanks
denialdenial: japan is fucked
mod6: seems that way
B0g4r7: japan has been fucked.
bgupta: no more fucked than EU, or USA for that matter
taub: they've been doing this for 30 years tho
B0g4r7: their debt:gdp ratio is far worse than that of the US, whose is terrible.
denialdenial: they're hurrying the end then
B0g4r7: So yea, far more fucked.
B0g4r7: By an order of magnitude I'd say.
bgupta: ok...
denialdenial: i heard AUD is trading against yuan directly soon too
denialdenial: no more of that pesky USD reserve
B0g4r7: http://en.wikipedia.org/wiki/List_of_countries_by_public_debt
B0g4r7: Look at Japan.
B0g4r7: OK, so not an order of magnitide, but still a lot more.
ChaangNoi: yeah japan was250%
ChaangNoi: i bought a bunch of yen a while ago, made 20% in 2 years, sold it howevere
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7689 = 1.5378 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.7689 = 2.3067 BTC [-]
ChaangNoi: but this really is what they have been doing forever
denialdenial: i was reading a reddit post comparing bitcoin to paypal earlier
denialdenial: the author reason we're on a $900+ dollar correction right now
denialdenial: for the next 60 days at least
B0g4r7: I think the only reason a lot of ppl use pp is because it made international payments easy.
denialdenial: it was pretty insightful
denialdenial: but it's reddit
denialdenial: so...
B0g4r7: Now bitcoin does that.
B0g4r7: Most all of the overseas suppliers I order from, they want paypal.
bgupta: How is that they are worse than greece but not as fucked as greece. Guessing cause they control their own currency.
bgupta: denialdenial: Link?
denialdenial: i would expect the japanese to at least make a trillion dollar samurai sword or something
denialdenial: http://www.reddit.com/r/Bitcoin/comments/1bo02h/why_1000_in_60_days_a_paypal_comparison/
denialdenial: second page midways
denialdenial: /r/bitcoin
bgupta: One catch in the theory.. proposited.. it assumes that people using btc for transfer will keep the btc in btc, and not immediately trade back to fiat..
bgupta: that said some of them will.
bgupta: so there is definately btc value growth trying to correct.
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+]
denialdenial: i think so
denialdenial: too much too soon
denialdenial: maybe crash, probably not
denialdenial: distributing the load across the exchanges should prevent any actual crash
bgupta: I don't think so… if there were a crash, I think buyers would come out in droves..
denialdenial: the term crash is way overused
bgupta: I certainly would look to liquidate USD equities and move to btc.
denialdenial: i doubt will see JUly 2011 again ever
denialdenial: no more bitcoins for peenies
denialdenial: as long as any exchange stays operational they are going to cost you a lot of money
denialdenial: from now on
Cryptrader: If BTC becomes a true currency - as businesses slowly adopt it, you will have no reason to exchange them back for fiat
taub: i'm still half hoping the system wont collapse
taub: would be much better for everyone :(
Cryptrader: Or at least not everyone will
denialdenial: btcguild troubles me at the moment
bgupta: taub: what do you mean by collapse?
bgupta: btcguild will self correct.
denialdenial: do you know what happened when btcguild updated their bitcoind last
Cryptrader: Does anyone know exactly (or close) how big the annual drug trade market is? IE if they all started using bitcoin...
denialdenial: i can tell you in case you don't know
denialdenial: this was before they has asicminer
assbot: [MPEX] [S.MPOE] 1300 @ 0.00070298 = 0.9139 BTC [-]
assbot: [MPEX] [S.MPOE] 5750 @ 0.00070297 = 4.0421 BTC [-]
assbot: [MPEX] [S.MPOE] 21200 @ 0.00069413 = 14.7156 BTC [-]
assbot: [MPEX] [S.MPOE] 2847 @ 0.00068964 = 1.9634 BTC [-]
taub: i dont think endless spending and money printing can go on forever
bgupta: I know silkroad does about $29 million per month
bgupta: but overall it's in billions
denialdenial: they updated their bitcoind on their pool but didn't let the db reindex first
denialdenial: so miners were being given low diff shares
denialdenial: until their wallet was empty
denialdenial: what happens if they have 51%, fuck up, fork the chain
denialdenial: hash a block
bgupta: it would only shift if cartels wanted to keep their stashes in btc.. and I'm not so sure that would be a good thing for btc… IE: governments might use an excuse to outlaw
denialdenial: that's why btcguild worries me
bgupta: well, I suspect that miners will start moving to oz.
bgupta: SO for the sake of arguement… let's assume that btc goes up to 1000usd.. some in this channel think that would be horrible for the btc economy.. can some explain why?
denialdenial: i don't think the price matters anymore
bgupta: it seems arbitrary...
taub: i dont think anyone argues that it's horrible in general
taub: mp seems more concerend about the rate it's increasing
denialdenial: the price is so high now that mentally the decimal places have already started moving
bgupta: on what grounds?
taub: ie he doesnt want it to be volatile or full of bubbles and crashes
denialdenial: so actual fungibility is being tested now
taub: because it scares people away
denialdenial: so i don't see how 1000 matters
bgupta: but the issue is if it is in fact worth more and trying to correct..
denialdenial: it's a nother decimal place
denialdenial: what's the visual and mental difference between .005 btc and .05 btc if they are fundamentally the same
bgupta: wouldn't it be better to get that correction out of the way and then let it try to stabialize?
bgupta: just throwing thoughts out there
denialdenial: stabilize is sort of a funny word to use
bgupta: personally I kinda wish btc would stay really low so I can buy more..
taub: sure, bubbles have to be corrected
denialdenial: how do you stabilize a queue of 10,000 people wanting to buy something
taub: the thought is not to have bubble like growth to begin with
denialdenial: more exchanges
denialdenial: more everything
denialdenial: that takes time
bgupta: why does more exchanges help?
denialdenial: so expect one hell of a volatile ride
denialdenial: because gox is asingle point of failure and it can't handle the load
denialdenial: obviously
denialdenial: they've said so themselves
bgupta: well.. they've said they can't handle ddos attacks
denialdenial: there's needs to be 10x the number of operating exchanges there are now
denialdenial: to handle the influx of users
denialdenial: to stabilize the volatility
denialdenial: not he price
bgupta: if you spread out to ten exchanges they'd all be semi-illiquid
denialdenial: the price is going to do what the exchanges allow it to do
denialdenial: the volatility comes from the stops/starts
denialdenial: and emotions
bgupta: I don't think we need to exchanges. perhaps more money changers
bgupta: more retail
bgupta: more retail money exchangers
bgupta: that keep their own supplies
bgupta: they would go to a handful of exchanges for trade..
denialdenial: all of these things feed off each other. what hasn't kept up is the supply
denialdenial: or dealers, exchanges
bgupta: btc supply?
bgupta: of course not, that's baked into the system
denialdenial: the supply to "the market"
denialdenial: whether that market is real or artificial doesn't matter
denialdenial: but until recently it was gox
denialdenial: and now it can't be gox alone anymore
bgupta: ah the supply of btc.. well with it going up people are reluctant to sell.. and many people will never sell..
denialdenial: the exchanges create the market or better the illusion of the market
bgupta: IE: They have moved to btc
denialdenial: because money is an illusion
denialdenial: a poorly represented market performs poorly
bgupta: wall street proper will invest in exchanges at some point.. IE: old financial houses.
denialdenial: the oldest con in the book is to invent a problem and then sell the solution to it
denialdenial: bit coin didn't invent the problem and it sells itself
denialdenial: need more exchanges providing the illusion of stability
denialdenial: and thus a stabler market
denialdenial: mor people, more exchanges, higher price
denialdenial: </atlas>
assbot: [MPEX] [S.MPOE] 20000 @ 0.00068871 = 13.7742 BTC [-]
assbot: [MPEX] [S.MPOE] 4273 @ 0.00068871 = 2.9429 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00068762 = 0.8939 BTC [-]
assbot: [MPEX] [S.MPOE] 2178 @ 0.00068761 = 1.4976 BTC [-]
assbot: [MPEX] [S.MPOE] 8000 @ 0.00068575 = 5.486 BTC [-]
assbot: [MPEX] [S.MPOE] 9400 @ 0.00068518 = 6.4407 BTC [-]
assbot: [MPEX] [S.MPOE] 8322 @ 0.00068444 = 5.6959 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15788 BTC [-]
bgupta: SO was thinking about the exchange problem… what if Morgan or Goldman bought half a million bitcoins and issued an ETF and let it trade on a standard stock exchange… It would kinda solve some problems, while creating new ones.
bgupta: the question is how could they acquire enough btc to do it without messing up the market.
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.29992, Best ask: 136.80000, Bid-ask spread: 0.50008, Last trade: 136.29992, 24 hour volume: 67541.53345295, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.40464
assbot: [HAVELOCK] [SDICE] 8 @ 0.3381 = 2.7048 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.33811 = 6.7622 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.339 = 6.78 BTC [+]
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.00001, Best ask: 136.69499, Bid-ask spread: 0.69498, Last trade: 136.69499, 24 hour volume: 67318.91118458, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.42469
assbot: [HAVELOCK] [SDICE] 27 @ 0.3391 = 9.1557 BTC [+]
assbot: [MPEX] [S.MPOE] 2850 @ 0.00068603 = 1.9552 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.00439 = 0.1098 BTC [-]
mircea_popescu: hickAsThieves> going to bed, i expect you guys to get btc up to 140 while i sleep << and yet it's exactly 133
mircea_popescu: <taub> they've been doing this for 30 years tho << ya. but 30 years ago they had a productivr workforce. now they got suicidal teens and otaku young adults
mircea_popescu: bgupta> SO for the sake of arguement… let's assume that btc goes up to 1000usd.. some in this channel think that would be horrible for the btc economy.. can some explain why? << read http://trilema.com/2013/its-been-an-epic-few-days-what-happened/ towards the middle
mircea_popescu: it explains what's the problem
assbot: [MPEX] [S.MPOE] 27550 @ 0.00068603 = 18.9001 BTC [+]
bgupta: You are claiming there was no DDOS on mtgox, and that it had no impact on price?
bgupta: Or am I misreading..
bgupta: sounds like you are claiming sole responsibility for stopping rally
assbot: [BTCTC] [S.DICE-PT] 19 @ 0.0045 = 0.0855 BTC [+]
mircea_popescu: mk let me find that other one
bgupta: and that mtgox crashed under the load of people selling?
mircea_popescu: yeah.
assbot: [MPEX] [S.DICE] 406 @ 0.00313722 = 1.2737 BTC [-]
mircea_popescu: that's actually what happened.
mircea_popescu: Apr 05 06:06:48 <ThickAsThieves> mp, did you do a hacker bat signal to ddos mtgox on the rally to 147?
mircea_popescu: Apr 05 06:09:00 <mircea_popescu> http://pastebin.com/4SUXv67h
mircea_popescu: that re the ddos.
mircea_popescu: http://polimedia.us/dtng/c/src/136498390721.png that re the bubble deflation.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7829 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7829 BTC [+]
bitcoin-assets: ;; ticker
gribble: BTCUSD ticker | Best bid: 136.00001, Best ask: 136.60000, Bid-ask spread: 0.59999, Last trade: 136.60000, 24 hour volume: 67059.71450567, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.51139
bgupta: mircea_popescu: http://www.bitcoinrumors.com/2013/04/04/mtgox-announcement-on-ddos-attack/
mircea_popescu: what about that ?
bgupta: historically mtgox has been pretty transparant about owning up to their problems
bgupta: (After the fact)
mircea_popescu: this is exactly opposite to reality, for one.
bgupta: You are basically saying they are now lying to the world.
mircea_popescu: for the other, whats some random site trying to leech hits by republishing random content to dow ith anything ?
mircea_popescu: they have an excellent history of lieing.
bgupta: They were very transparent about their screwups leading to the theft of a large amount of btc.
bgupta: and what they were doing to mitigate the issue
mircea_popescu: https://bitcointalk.org/index.php?topic=157360.msg1670345#msg1670345 a fine example
mircea_popescu: they are of the persuasion that pr is bullshit & lieing as much as possibkle.
mircea_popescu: bgupta they were not transparent about either. they are not transparent now either. i have no idea what you are talking about.
mircea_popescu: when mpex reported a ddos there was transparency.
mircea_popescu: when mtgox hinted to a dddos there's nothing but pr fluff.
bgupta: "I won't bother to compile the endless list of proof to show you just lied" Why not?
mircea_popescu: i guess she's lazy
mircea_popescu: also we're not quite prepared for serving new people, what i'm saying here is common knowledge among "us".
bgupta: Your evidence that they lied is a post from you claiming that they lied.. oh, mpoe-pr isn't you?
mircea_popescu: i'm not saying this to exclude you, just saying, this is all very banal crap
mircea_popescu: are you following the forum at all ?
bgupta: For some reason I thought that it was you… since you are always linking to posts by said avatar.
mircea_popescu: she's my forum pr.
mircea_popescu: but if you're curious, do a search for mtgox, see what turns up.
mircea_popescu: look for that classic piece on the part of inaba where he's been dicked around for months over 20k
mircea_popescu: or for that piece where some new guy was complaining about mtgox telling him that his funds are locked and "they'll get in touch with the developers" to fix it.
bgupta: https://bitcointalk.org/index.php?topic=157360.msg1666644;topicseen#msg1666644 claims satisfaction rates of 90-95% which means that unsatisfaction rates are 5-10%
bgupta: which isn't really something to brag about
bgupta: but they are
mircea_popescu: we are not discussing "satisfaction rate"
mircea_popescu: we are discussing that mpex handles everything within the same day, and to counter this tux claiomed they do it in 20 minutes.
mircea_popescu: except the forum is replete with cases they do no such thing.
mircea_popescu: which makes him a liar (again, for that matter, no big deal, it's banal by now)
bgupta: they didn't say everything.. they said most.. my take is if they handle more than 50% in 20 minutes… that means that statement is correct.. the rest could take weeks/months.
bgupta: I don't yet see evidence of outright lying.
mircea_popescu: tyhat is not what he said.
mircea_popescu: what he said was : "Most open tickets have a resolution within 20 minutes. Remaining cases are when there is not enough information, or when issues are not simple user-specific issues (or linked to an outage)."
mircea_popescu: This means that ALL tickets that are properly spelled out and affect a single user are handledwithin 20 mintes.
mircea_popescu: it also means that the ONLY cases where a ticker takes over 20 minutes is when either a. there's no info or b. there's an outage and the ticket relates to the outage.
mircea_popescu: reading is very important as a skill.
bgupta: well. I'd be curious to know what they mean by "simple user-specific issues" IE: Does that preclude "complicated user-specific issues"?
mircea_popescu: heh.
mircea_popescu: what i mean is : they are NOT transparent.
mircea_popescu: they're horrible communicators, with a long history of such incompetence.
mircea_popescu: that people in general read crap like their recent release and think something was said is a property of large crowds of people.
mircea_popescu: nothing more.
bgupta: I don't read "when issues are not simple user-specific issues (or linked to an outage)" as "when issues are not simple user-specific issues that are linked to an outage"
mircea_popescu: again, that's not what i said.
mircea_popescu: it also means that the ONLY cases where a ticker takes over 20 minutes is when either a. there's no info or b. there's an outage and the ticket relates to the outage.
mircea_popescu: or is an or.
bgupta: well, their PR matched my read on the situation, as a number of btc sites where were being hammered at that time.
mircea_popescu: for a while.
mircea_popescu: http://trilema.com/2013/boys-and-girls-i-got-news-were-being-probed/
mircea_popescu: this was being discussed two weeks ago.
mircea_popescu: and they are still being useless. not saying anything concrete about the ddos
mircea_popescu: makes them either dumb or pointless in this context.
bgupta: I'm reading it as we take care of simple issues in 20 minutes… complex issues or outage related issues exluded.
bgupta: let's see if they will.. what do you want to know?
mircea_popescu: the list is in the article above.
mircea_popescu: it says specifically what i wish from a service that aspires to be halpful.
mircea_popescu: then again i guess that's asking a little much, they probably don't have the technical ability to do anything other than read tickets from their host.
mircea_popescu: so they wouldn't kniow what to say anyway.
bgupta: I think that they are at a scale that they are using "helpdesk staff" that are largely following scripts.
bgupta: If it fits in script they can reply within 20 mins, if not it needs to be escalated
bgupta: (Saying this because I have worked in customer service orgs in the past.
mircea_popescu: i know they have.
bgupta: (I was third level support, and it generally took a long time to get to my desk, and if it did it wasn't trivial to solve.
mircea_popescu: but that doesn't give them license to lie about it.
mircea_popescu: when i say you suck and mpex owns you, he says "this is true"
mircea_popescu: that's telling the truth.
mircea_popescu: wehn he comes back wityh "no we're better" he's getting the bitchslap.
mircea_popescu: seems logical to me.
mircea_popescu: obviously he doesn't have a prayer in hell to compete seeing how he handles < 1k and i do over 1k. of course my service would be better.
mircea_popescu: nevertheless... it is what it is.
bgupta: well it depends on what your criteria of comparison is… If a pretty site is the criteria, they win.. if never having been hacked is the criteria you win. It's not balck or white.
mircea_popescu: no.
bgupta: there are many other ways to measure.. those were just two examples.
mircea_popescu: the criteria is having customers serviced within the day
mircea_popescu: as the post delineated it
mircea_popescu: i have no idea why this is so difficult.
bgupta: You guys don't even directly compete, so that makes comparison even harder. Anyway this is turning into a bit of a rathole.. IE: we are probably not going to change each others opinions.
mircea_popescu: well, the thing is, i'm really uninterested in oppinions. i am stating facts.
mircea_popescu: unlike oppinions, facts are verifiable.
bgupta: So are the bot algos relatively public? Trying to understand why some spreads are so wide and others aren't? Or are the less tight spreads situations were there is a human counterparties on the book?
bgupta: bbiab
mircea_popescu: if you mean mpoe bot absolutely not public at all.
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.77 = 6.16 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7689 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 0.7671 = 15.342 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.2 = 0.4 BTC [+]
assbot: [HAVELOCK] [SDICE] 25 @ 0.365 = 9.125 BTC [+]
assbot: [HAVELOCK] [SDICE] 15 @ 0.365 = 5.475 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.0045 BTC [+]
dub: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.50339, Best ask: 137.99979, Bid-ask spread: 0.49640, Last trade: 137.99979, 24 hour volume: 67917.79154725, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.97076
troc: ;;bids 0
gribble: There are currently 31105962 bitcoins demanded at or over 0.0 USD, worth 10993520.0394 USD in total. | Data vintage: 40.9189 seconds
bgupta: what's the deal with this? http://coinlab.com/press I seem to still be able to directly access my mtgox account?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7501 BTC [-]
assbot: [BTCTC] [BTC-BOND] 10 @ 0.01 = 0.1 BTC [+]
bgupta: ;;goxlag
gribble: MtGox lag is 0.270389 seconds. During this time, light travels 0.000541856528574 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
jurov: bgupta: seems no deal so far, at all
KRS1337: wtf is up with LTC price
jurov: they announced just move of "biggest account"
bgupta: links?
KRS1337: does this mean its done?
jurov: bgupta: http://coinlab.com/status
jurov: KRS1337: imho just more people like me pulled out some ltcs from socks
bgupta: seems at some point it will come mandatory?
KRS1337: dont understand
jurov: KRS1337: i had quite a few ltcs bought year ago stashed at various places
jurov: and recently sold some
bgupta: KRS1337: What is your question? IE: WHo are you talking to?
KRS1337: jurov
jurov: so more ppl did the same, i guess
bgupta: so jurov you aren't gonna wait to see if mtgox wil follow through?
KRS1337: so the ltcs at BTC-e are worthless, but tthe ltc's at another exchange arent?
jurov: bgupta, just get rid off mtgox completely. fortunately i'm not american, just following
KRS1337: will I lose my btc investment too soon? wtf is going on
KRS1337: great friday morning i woke up to
jurov: imho coinlab hit some major snags with these alphas, hence no update
bgupta: ltc had rally on mtgox rumor/pseudo-news.. (that mtgox was gonna trade ltc)
jurov: KRS1337: what???
bgupta: jurov, where else can I trade btc with liqudity
jurov: bgupta, trade mpex stocks instead :D
KRS1337: jurov: idk..i see ltc tanking then i hear get away from gox..idk what to do
jurov: and if you absolutely must trade btcusd, bitfloor seems to be rising.
KRS1337: so i can probably transfer them to another exchange? I see people on btc-e losing their asses
KRS1337: on ltc
bgupta: am trading AM but not trading on MPOE yet.
jurov: KRS1337: just inform yourself at recent mtgox happenings. they are just seriously inept.
jurov: and i never said anything about btc-e!!!
KRS1337: i know..its just me
bgupta: KRS1337: Dude ltc hit an all time high on btc-e based on rumos that mtgox is gonna start allowing ltc trading there..
jurov: that's bs, it went up before that announcement
bgupta: it's pulled back quite a bit as people who bought ltc at very low prices are taking profits
KRS1337: its all in the red
KRS1337: low $3?
jurov: i'm not going to predict anything. just don't panic and wait it out
KRS1337: hmmm maybe i can buy a ton right now
KRS1337: but when it slows down
jurov: it is possible ltc will get more attractive since btc starts to be unusable for micropayments. or maybe not.
bgupta: KRS-1: it was below $.10 not that long ago..
bgupta: KRS1337: to [ut it in perspective http://www.ltc-charts.com/period-charts.php?period=3-months&resolution=day&pair=ltc-btc&market=btc-e
bgupta: look at the chart and relax
KRS1337: mk
bgupta: it's way more volitile than btc at the moment
KRS1337: ya thats a good thing..i have no long term interest in ltc..just wanted to throw a buch down right quick but did not expect this
bgupta: buy or sell?
mircea_popescu: what, ltc bubble popping ?
KRS1337: yeh looks like value gone way done
KRS1337: down
assbot: [MPEX] [S.MPOE] 1300 @ 0.00070684 = 0.9189 BTC [+]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00070685 = 0.9189 BTC [+]
assbot: [MPEX] [S.MPOE] 3400 @ 0.00070686 = 2.4033 BTC [+]
bgupta: if ltc moves to mtgox it will get some liquidity… can't say that will neccesarily help the price but it should be eaasier than btc-e
joeykrim: mircea_popescu, talked last night with kakobrekla who recommended i ask you .. ive been putting in bets on bitbet.us and was wondering if you had any insight on why some get rejected?
mircea_popescu: well, have you looked at the faq any ?
joeykrim: wanted to refine my approach to help save us both time and put in better bet suggestions hah
mircea_popescu: this is a merituous approach.
joeykrim: read the faq, stay away from bad bets, something i would bet on
mircea_popescu: right. pm some examples then
mircea_popescu: KRS1337 maybe you're confusing price and value ?
joeykrim: can i pm you the address ive been using?
mircea_popescu: pretty much the one use of ltc that i can see atm is to play ponzi. do you see another ?
mircea_popescu: joeykrim sure that works.
joeykrim: sent thx
KRS1337: yes mircea popescu i am
bgupta: mircea_popescu: Arguably one could have said the same about btc 3 years ago… IE: Many claimed btc was a big ponzi scheme that created value out of nothing.. I'm not convinced but there may be value in having more than one cc.
KRS1337: maybe.. bgupta i think about that
mircea_popescu: bgupta this is a broken argument.
mircea_popescu: at the time people were saying that about btc 1. btc was unique and 2. they were being ignorant.
mircea_popescu: at the time i'm saying this about ltc, 1. ltc is a copy of btc with no actual advantage and 2. i'm not ignorant.
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.56113, Best ask: 136.90000, Bid-ask spread: 0.33887, Last trade: 136.90000, 24 hour volume: 68876.63929509, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.14460
deadweasel: morning all
mircea_popescu: hya
MJR_: ;;bc,24hbrc
gribble: Error: "bc,24hbrc" is not a valid command.
MJR_: hi all
mircea_popescu: ello
deadweasel: ;;bc,24hprc
gribble: 134.80
MJR_: ;;goxlag
gribble: MtGox lag is 0.702306 seconds. During this time, light travels 0.00140741336059 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
MJR_: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.50000, Best ask: 136.99899, Bid-ask spread: 0.49899, Last trade: 136.50000, 24 hour volume: 69060.31474902, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.14890
MJR_: ;;bids 0
gribble: There are currently 31113948 bitcoins demanded at or over 0.0 USD, worth 11041719.7415 USD in total. | Data vintage: 0.0106 seconds
mircea_popescu: o look, 11 mn
mircea_popescu: https://self-evident.org/?p=993
mircea_popescu: whoever is writing that please get better colors.
KRS1337: if I want to sell btc but gox is lagging really bad does that mean i get a really bad market price or my sell orders might not go through?
bgupta: umm it means that you need to read what the difference is between a market order and a limit order
mircea_popescu: KRS-1 use limit orders i guess
mircea_popescu: yeah
bgupta: ;;goxlag
gribble: MtGox lag is 15.922054 seconds. During this time, light travels 0.0319076179438 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
KRS1337: ok thanks
KRS1337: I appreciate your insight
ThickAsThieves: ;;bc,stats
gribble: Current Blocks: 229785 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 38 blocks | Next Difficulty In About: 6 hours, 30 minutes, and 51 seconds | Next Difficulty Estimate: 7687054.9986 | Estimated Percent Change: 14.80368
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.50000, Best ask: 137.99900, Bid-ask spread: 0.49900, Last trade: 137.99999, 24 hour volume: 69290.11482755, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.16736
bgupta: ;;goxlag
gribble: MtGox lag is 1.238126 seconds. During this time, light travels 0.00248119064125 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
KRS1337: yes- limit order that is what i meant about my sell order not going through- market price is lower than my selling price at that moment, but my view to the actual market price is obscure
KRS1337: this can cause a major sell mentality with people
KRS1337: people are lemmings for the most part
KRS1: im not sure cloudflare KNOWS how to protect against dos, they just seem to put up a maint page if it gets too bad
Scrat: KRS1 they actually do and it's great value for price, but not very secure
Scrat: they MITM all your traffic
KRS1: yet when it gets too bad, it goes to their "offline" page
mircea_popescu: scrat has it.
mircea_popescu: its consumer doohickey, great for if your ex's nephew is ddosing your cooking blog
KRS1: right..
joeykrim: KRS1, i think you might only see that in one specific region until they re-route to another region
KRS1: that could be-yes
KRS1: or their customers are just not big enough??
KRS1: big $ demands moar pipe?
KRS1: reminds me of back in the day with foonet mafia..its been a while.
mircea_popescu: all these idiots thinking they're "journalists"
mircea_popescu: it boggles the mind.
KRS1: lol someones about to buy 3900 namecoins for 30 btc
Scrat: today's fuckup: http://www.reddit.com/r/Bitcoin/comments/1bq2p8/coinbase_publishes_your_name_and_email_publicly/c98yibg
mircea_popescu: what those are a dollar too ?
mircea_popescu: bwahaha o gawd.
Scrat: sorry for incoming paste
Scrat: [14:22] <sydna> http://www.facebook.com/harley.skyberg?ref=ts&fref=ts
Scrat: [14:22] <sydna> bought
Scrat: [14:22] <sydna> https://coinbase.com/checkouts/dd24f66b49e34b97d2bbe0e3a9a2eeb4
Scrat: [14:22] <sydna> 229BTC worth of a drug called ""AVALANCHE SPA POWDER"" - ie. the kind of quantity the feds might be interested in.
Scrat: [14:22] <sydna> coinbase just ruined somebodies life
cads: hey mircea_popescu , ce faci?
mircea_popescu: bine
mircea_popescu: ouch
KRS1: they should just give me the 30 btc instead of buying namecoins, at least i'll talk dirty to them or something
cads: heeh
mircea_popescu: Scrat i bet the forum will be full of people saying "thank you mpoe-pr for warning us not to trust these muppets a month ago"
Scrat: who the fuck is mpoe-pr, isn't that you?
mircea_popescu: my pr.
Bugpowder: lol
Bugpowder: Bids now > $11.1MM
mircea_popescu: Bugpowder and yet the price is going nowehre.
mircea_popescu: so it wasn't gox doing it, it's not related to the dollars on the exhange, running out of theories here.
KRS1: haha scrat
saulimus: Bugpowder, yes, at those prices they bid at.
cads: mircea_popescu: I have a help request and project proposal for you.
mircea_popescu: shoot.
cads: mircea_popescu: this summer I will work towards implementing a marketplace for BTC <-> LTC futures.
mircea_popescu: KRS1 http://www.oreillynet.com/pub/a/network/2005/02/04/ddos.html btw
cads: mircea_popescu: Is that the kind of project that you would be interested in mentoring?
mircea_popescu: are you hiring a consultant ?
cads: No, I intend to do all the research and coding myself - API + engine. The web front end will be done by friends.
KRS1: mircea popescu: yeah there was a lot of publicity on that..I'm good friends with the guy who caused it..it seems homeland security was on the same network he was killing for 3 weeks
KRS1: so they paid him a visit..
mircea_popescu: link is to charges dismissed.
mircea_popescu: cads aha ok.
KRS1: noooo he went to prison..
KRS1: the thing is..his company was getting DDoS'd and he was hitting them back, but 10X harder
KRS1: it was a big fiasco and admittedly exciting back then
mircea_popescu: but...
mircea_popescu: the link...
cads: mircea_popescu: I would not be able to pay you for your time. I would want to talk to you about high level architecture and implementation details.
mircea_popescu: well, whatever you get away with leeching in public chan then i guess.
KRS1: yeah the link..i really can't explain it..i had to wait for Paul to get out, he told me about it..sucked..he did time.
cads: mircea_popescu: barring any formal mentorship/student relationship, I would like at least to ask you basic questions over the next few months.
mircea_popescu: finance consulting is finance consulting, more expensive than hiring a lawyer,
mircea_popescu: which is more expensive than going to the dentist
cads: I agree. I would be asking essentially for 'gratis' financial consulting. Not a winning proposition for you by any means.
bitesak: sounds like a great idea
mircea_popescu: prolly needs a better model.
mircea_popescu: in general this "i shall put together found items in the hope of constructing something of value" works fine if what you're doing is art projects in highschool.
ThickAsThieves: i think mp is saying you dont have to ask to ask, and he doesnt have to answer
cads: I in turn have some wonky ideas. I want to build the core engine in haskell. I want to release the software for free. I'd like to help run the exchange, but I do not wish to be paid for it.
mircea_popescu: ThickAsThieves yes, that, plus, you can't sanely rely on the end result working.
cads: mircea_popescu: this is part of what I consider my "free work". Some people do a finance internship. I will build an exchange.
Scrat: cads: haskell would be a bad idea. only a few people in the world would be able to read it
cads: "free work", of course, is not work I do for free, but work I do to increase my public reputation in ways beyond what normal allowances of authority would give.
assbot: [HAVELOCK] [VTX] 1 @ 0.445 BTC [-]
KRS1: lol haskell
MJR_: hey, haskell is kinda cool
Scrat: try erlang
MJR_: someone was trying to port bitcoin-qt to haskell
mircea_popescu: cads yeah well, most people don't dop internships on opm
mircea_popescu: so the most reasonable thing to do is set a clear sum of your own pocket aside as guarantee (10 btc, .5 btc, w/e)
mircea_popescu: and limit trades to that.
mircea_popescu: and put a plain warning in the about file, this is what this is.
cads: Scrat: I agree writing the code in haskell would make the software obscure. However I know a number of derivatives design and valuation packages that run in haskell. Haskell has great support for financial contracts.
mircea_popescu: as long as you're learning you can use anything you want.
mircea_popescu: use fortran
cads: Speculatively, haskell provides a direct path for producing code that is verified mathematically correct
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 138.47700, Best ask: 138.50000, Bid-ask spread: 0.02300, Last trade: 138.50000, 24 hour volume: 68834.52654232, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.21438
ThickAsThieves: ;;asks 139.94
gribble: There are currently 1842.3181 bitcoins offered at or under 139.94 USD, worth 256753.041292 USD in total. | Data vintage: 0.0014 seconds
cads: only languages that are harder to use than haskell offer this feature. Language such as Agda II, Cayenne, bitc, or Coq.
cads: and yes, I said Coq :P
ThickAsThieves: ;;bids 135
gribble: There are currently 2698.3713 bitcoins demanded at or over 135.0 USD, worth 365396.597563 USD in total. | Data vintage: 13.2939 seconds
bitesak: ;;asks 149
gribble: There are currently 17923.011 bitcoins offered at or under 149.0 USD, worth 2583454.10924 USD in total. | Data vintage: 82.4161 seconds
KRS1: there it goes 3224 namecoins for 24 btc
KRS1: lol
cads: mircea_popescu: I am a mathematician, not a coder, so I don't expect this project to succeed without some serious help. I have the whole #haskell community. I have 5 years of haskell. I can use ruby, python, php etc for frontend. I will rework my ideas on attribution and profit share (it may be best to arrange that I profit financially from a successful completion). Will this be a project you can provide moral support to?
cads: mircea_popescu: aside from moral support and guidance, I will ask questions about how the mpex was implemented.
cads: This is all. I do not expect more than an hour each week of interspersed conversation. About as much as we've talked already, in fact.
cads: in fact, I think I'm happy with your proposed offering of whatever I can pick up in here.
MJR_: could he use a non-turing complete forth-like scripting language?
MJR_: jk
cads: eventually when I can model arbitrary contracts, they will be implemented as a non-turing complete contract-composition syntax
cads: MJR, I will be following the classical "Composing Contracts" paper: http://contracts.scheming.org/
MJR_: kewl
MJR_: i was just drawing a parallel to the scripting aspect of bitcoin transactions
mircea_popescu: cads those you certainly aren't getting answered.
MJR_: but i got my backend exhchange stuff working...step one is complete
mircea_popescu: if you think about it, this is proprietary sowftware which constitutes the main tangible asset of a corp mkt-valued at about a hundred million dollars.
MJR_: mpex?
mircea_popescu: yea
MJR_: nice
cads: mircea_popescu: sounds like a reasonable protection
mircea_popescu: there's parts about mpex that are very open, such as for instance the use of gpg to protect orderflow
cads: Also, as I intend to publicly document each step of the process, and then release the result for free to whoever wishes to provide starting reserve capital, I understand I will get ridiculed
mircea_popescu: or some parts of the server architecture
mircea_popescu: these are well documented on trilema, and i'm pushing people to adopt them
mircea_popescu: (people, being donkeys, know better, so they continue getting owned a la coinbase)
error4733: sold coinbase mail DB PM for offer
error4733: :trollface:
mircea_popescu: 10ltc
cads: :D
mircea_popescu: what's moral support in your definition ?
cads: mircea_popescu: I believe that what a student can do greatly increases even by having a teacher that says 'it is possible'. Moral support means philosophical and encouragement. It would mean a great deal to have whatever positive, constructive input you wish to provide. When we provide others with moral support, we do it only so far as it helps our reputation or internal sense of gratification at having helped someone.
mircea_popescu: a, that's a different beast.
mircea_popescu: it certainly possible to build a ltc/btc futures market.
mircea_popescu: unless you're pointedly an idiot about it, it's going to be useful, too.
mircea_popescu: the other definition of moral support however is as to third parties. you can't go around saying "i'm working with mp on this" unless we actually have a deal of some sort.
cads: mircea_popescu: I would certainly keep you on the anonymous gratitude lisk
cads: even up to what we've talked already
MJR_: basically stressing the difference between "endorsement" and "encouragement"
cads: precisely
mircea_popescu: something like that.
cads: I do not wish to profit from recieving your public endorsement, no.
mircea_popescu: it's not a crime, it's business. stuff i sign off on does better in the marketplacer
cads: any private friendship will be repayed in kind to my social network.
mircea_popescu: s.bbet being probably the shiniest example.
cads: I believe I am creating this exchange as a gift to the community
mircea_popescu: but anyway : deprived is one fellow actively doing some ltc/btc futures stuff, tho mostly otc.
MJR_: now you are getting on shaky territory
cads: I do not wish to profit from it in ways other than 1) public reputation if I succed, and 2) transferrable skills regardless of whether I fail or succeed.
MJR_: its funny but "altruism" engenders less trust than profit
cads: I agree
MJR_: those should be positive side effects of a workable sustainable plan
mircea_popescu: yeah, this entire "make a gift to the community" thing is suspect.
MJR_: hehehe, i knew thats what you would say
mircea_popescu: doing a general "this is how a successful business is made" documentary thing is one thing.
mircea_popescu: but when taaki stole and "released" the bitcoinica code
mircea_popescu: the only result was some even worse idiots made bitfinex.
mircea_popescu: there's no real benefit in making an open source thing the general public may confuse with a financial market to their detriment.
mircea_popescu: empowering people to run nuclear power plants in their garage is not a good thing
cads: mircea_popescu: I have already been advised once that for the project to succeed and be safe and beneficial long term.
MJR_: hmmm...great idea...but can we sell that?
MJR_: (garage based nuclear power)
cads: I am starting to change my opinion, due to the 'trust' argument
DeaDTerra: WTS G.SDICE,G.MPOE,G.BBET,BTCQuick :) pm me with offer
cads: mircea_popescu: this is where this community's advice is already coming in handy.
cads: I can see reason.
cads: If I have to set myself up to financially benefit, and hold the new company as a private organization, I will
MJR_: point is, people can't calculate your ephemeral motives, hence they can't arrive at the same conclusions...if based on clear mathematical profit model, they can arrive at the same conclusions and see the benefits
mircea_popescu: cads you can run it as a strictly limited operation.
MJR_: people trust that other people will do whats in their own self interest
cads: of course, whether I give my income to charity will be a private decision then. My inventive to serve the project honestly will come from that.
mircea_popescu: "i am doing this to learn, it's not for serious, i have 10 btc set in escrow with X if site fucks up"
mircea_popescu: that also works.
cads: Yes.
mircea_popescu: may be more adequate for what you want.
cads: I think that would be a suitable initial offering.
cads: The high level bells and whistles will come in later iterations.
mircea_popescu: publish your total exposure/don't let people expose you over that sumand that'sthat.
MJR_: i think that mpex's model is great...what if x, x', x'' and x''' happen
mircea_popescu: if you blow up escrow saves you, and you will be the first failed bitcoin business that failed correctly.
mircea_popescu: would be worth failing just for that.
cads: That would be extremely valuable to me, even as a failure.
mircea_popescu: well to everyone.
mircea_popescu: shows you had the sense to a. ask b. think through c. implement something safe.
mircea_popescu: big deal.
cads: Certainly
cads: very well, I am optimistic about this response
mircea_popescu: and in general i've always supported stuff that was made to be safe.
mircea_popescu: my girl regularly roils over things that calously put the public in grave danger
mircea_popescu: for minor benefits of the "entrepreneur"
mircea_popescu: just not a sustainable model.
cads: my eventual goal is attain skills needed to write 1) a mathematical specification of a secure trading 2) a program that is provably correct relative that specification
cads: secure trading platform*
mircea_popescu: cads you ever seen the
mircea_popescu: hm where isi t
cads: this is a level of rigor that a few years ago produced L4-Verified, the world's first mathematically correct unix micro-kernel
mircea_popescu: http://trilema.com/2012/probably-the-hottest-business-idea-of-the-moment-in-btc/
mircea_popescu: if you can actually build a business on that model for instance, i'd certainly list it.
MJR_: that looks awesome
MJR_: and it is in some ways a "futures" hedge on code
MJR_: never cease to amaze me
cads: mircea_popescu: though I would be thrilled to offer that, frankly I would need 5 years of software dev manager work before I could assemble and run such a team, to completely forget about capital.
MJR_: *slow claps*
cads: But yes. That is the type of sector I wish to enter.
mircea_popescu: this is true, just, since we were on the topic of provavbility.
cads: yeah, I also believe offering provability services would be a great extension to that model
cads: thanks for sharing that, It's going into my business models brainstorming file
cads: Okay, I will first brainstorm about a ~10BTC service
pgp: cads: are you doing this for a dissertation?
cads: pgp: I'm not sure if I'm going to remain in school
mircea_popescu: basically there is going to be space for 10k mathematicians and 100k software experts (this is NOT webdevelopers, ruby coders etc)
mircea_popescu: all making great salaries, out of btc.
MJR_: hahaha
mircea_popescu: more jobs than all qe rounds ever created.
pgp: drop out - start up
cads: if I do, then yes, I expect to use topics like this for my masters/phd
mircea_popescu: i always said the power of an idea is the number of people it can make drop out of school.
mircea_popescu: this is why whoredom is such a great thing.
cads: but I also have work in applied logic and economics and game theory that is promising
MJR_: i think you can draw a clear parrallel to "crop harvesting" and "code development"...it actually seems like a perfect analogy in some ways
cads: this is more of a project to tempt myself to leave school over :D
pgp: lol
cads: I might be overcommitting
cads: but I should certainly be able to push up a _small_ service
cads: I am also recruiting investors for a 3d printing business I'd like to help my brother set up
mircea_popescu: one of the advantages of the 10btc backstop is that it disencentivises overengineering
mircea_popescu: it is, after all, 10 btc.
cads: yep! :D
cads: that's a genius architecture decision
cads: I have no problem refactoring the code to scale it
mircea_popescu: yeah, it's kinda why i make a lot of money consulting.
cads: mircea_popescu: I tend to give my best advice without knowing it to friends, lol. And less good advice to my consutancy.
cads: something I ought to change.
mircea_popescu: i've never noticed such
cads: well to give an example I helped a friend for free to learn inequalities. Helped me breakthrough a new way to teach inequalities. Spent a couple hours. On the other hand, I charge so much for tutoring that my students often can't afford two hour stretches.
cads: and that's where I find the real breakthroughs happen
cads: Really the solution is become a better tutor.
cads: this is not quite the consulting capacity.
mircea_popescu: i only teach slaves these days, pretty much.
ThickAsThieves: ;;ticker
cads: haha, aka employees?
gribble: BTCUSD ticker | Best bid: 136.50501, Best ask: 136.94999, Bid-ask spread: 0.44498, Last trade: 136.94999, 24 hour volume: 67129.13784366, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.15683
mircea_popescu: no, no.
assbot: [BTCTC] [COGNITIVE] 2 @ 0.15789 = 0.3158 BTC [+]
mircea_popescu: http://trilema.com/2010/nsfw-mosu-cu-joarda/ aka slaves.
assbot: [MPEX] [S.MPOE] 17150 @ 0.00069535 = 11.9253 BTC [-]
assbot: [MPEX] [S.MPOE] 1500 @ 0.00068933 = 1.034 BTC [-]
cads: ;)
mircea_popescu: http://blockchain.info/address/1JqjoFF8QZwidrTbfnihGHDeu16pbLia1q < ver's shop inbound addy
mircea_popescu: total sales, 4k
mircea_popescu: why so low ?!
assbot: [MPEX] [S.MPOE] 9700 @ 0.00070686 = 6.8565 BTC [+]
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.50206, Best ask: 136.95000, Bid-ask spread: 0.44794, Last trade: 136.50206, 24 hour volume: 63557.73550732, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.88219
ChaangNoi: only teach slaves eh mp? what is the going rate for a virgian romanian sex slave? (female)
mircea_popescu: i don't buy em.
mircea_popescu: that's kinda the entire point.
ChaangNoi: gifts?
ChaangNoi: or just dont has?
anarchyxx: if i would be making dollars available, for you to buy bitcoins with - how much would pay for it? 1% per day on the amount I lend?
ChaangNoi: ltc correct a bit, anyone know when gox is going to list them?
ChaangNoi: ill pay 1% a day says pirateat40
pgp: 1% a day sounds about right...
mircea_popescu: 1% a day ?! what ?!
mircea_popescu: ;;calc 1.01**365
gribble: 37.7834343329
mircea_popescu: what exactly are you doing for 3778% apr
pgp: margin lending on buying BTC...
ChaangNoi: pirateat40 paid 1% a day:)
mircea_popescu: no, he didn't.
mircea_popescu: he said he would.
pgp: that's usually what it is over at bitfinex
mircea_popescu: different story.
ChaangNoi: he did for almost a year:)
mircea_popescu: using bitfinex is like swimming in the east river.
ChaangNoi: then the sec, lulz
pgp: 448167.3 USD in outstanding margin loans at weighted averae of 224.08%
ChaangNoi: but really, who wants fiat?
troc: ;;bids 0
gribble: There are currently 31116429 bitcoins demanded at or over 0.0 USD, worth 11492698.8359 USD in total. | Data vintage: 101.1584 seconds
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.61003, Best ask: 136.95000, Bid-ask spread: 0.33997, Last trade: 136.95000, 24 hour volume: 61707.94188656, 24 hour low: 128.00100, 24 hour high: 141.95999, 24 hour vwap: 134.66885
pgp: how much of the rate is time value of USD vs BTC and how much of it is risk premium of letting those guys hold your USD?
ChaangNoi: 11 million in bids, nice
mircea_popescu: stable btc, even nicer.
ChaangNoi: rock seems to be refuling, i bet next week is a nice jump again (assuming no massive crash on the weekend)
anarchyxx: yeah its very stable compared to 2 days ago, i like it a lot
mircea_popescu: two days. this clearly proves btc is not a bubble.
ChaangNoi: :)
ChaangNoi: ltc was over $5 for two days lol
ChaangNoi: it crashed quit a bit
anarchyxx: i heard some guy dumped 25% of his btc, and made 600k - you think thats a smart move to get out 25% of your stash right now?
ChaangNoi: i sold 25% of my ltc for btc, then sold that into cash
ChaangNoi: but im not selling my btc stash
ChaangNoi: not until 850ish
ChaangNoi: and then only 10 to 25%
pgp: gotta live... and life still runs on fiat...
cads: mircea_popescu: ah, those kinds of slave. And they have so much to learn I can understand why teaching anyone else might be low priority.
ChaangNoi: ltc just up 10,000% in 2 months i was like, yeah time to lock in profits
anarchyxx: in case of ltc i can't blame you
ChaangNoi: i had way more than anyone should have, i got lucky
mircea_popescu: cads moreover, it resolves the "can't afford to pay" issue nicely.
bitesak: but you said you were probably the unluckiest chap in bitcoin_
mircea_popescu: bitesak he changes about weekly.
cads: mircea_popescu: they _pay_ for your teaching?
mircea_popescu: cads seeing how i own them already, they don't have to.
assbot: [HAVELOCK] [HIM] 1 @ 1.919 BTC [+]
cads: mircea_popescu: very dark. That always seems like nothing more than a game to me. I think I'd have to develop the ownership mentality to be a really good master.
mircea_popescu: nothing dark about it
mircea_popescu: education doesn't really work under any other paradigm anyway.
cads: Yep, if it's not authentic the atmosphere suffers.
cads: *shrug*
cads: plenty of time to play in that regard when I am entirely more possessed of my own sense of greatness
mircea_popescu: i suspect such a sense is moreover dangerous in that context.
cads: a humble master, huh?
ChaangNoi: http://buzz.money.cnn.com/2013/04/05/bitcoin-bubble/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+(Top+Stories
mircea_popescu: teh true master, beyond great and humble.
cads: Things to learn. In time ;)
mircea_popescu: 2nd jgb halt today
mircea_popescu: japan isn't doing too well.
assbot: [BTCTC] [GSDPT] 2 @ 0.003498 = 0.007 BTC [+]
ChaangNoi: lol japan...
mircea_popescu: http://bitbet.us/bet/376/bfl-will-stop-giving-refunds-on-bitforce-sc/
kakobrekla: things will be getting back to normal shortly.
ChaangNoi: what is not normal? (other than japan)?
MJR_: mircea_popescu: this article is great
MJR_: http://nymag.com/news/features/tide-detergent-drugs-2013-1/index1.html
MJR_: "medium of exchange" is the most flexible part of money...
mircea_popescu: i recall reading that exact thing months ago
kakobrekla: http://forexmagnates.com/bitcoin-denominated-mt4-trading-at-bit4x/
MJR_: ah, someone talking about bitcoins linked to that, i thought it was very interesting
mircea_popescu: the gall of these people.
mircea_popescu: so coinbase comes up with a warning, against phishing.
mircea_popescu: how did the phishers get the emails ? coinbase leak ? a, we don't mention that.
mircea_popescu: fucking scum at the bottom of the bitcoin pond, these people.
deadweasel: https://bitcointalk.org/index.php?topic=167900.0
deadweasel: coinbase is leaking
mircea_popescu: yea
MJR_: funny how the volume spiked at the same time as the ny market opened
deadweasel: correlation, US got woke up or got to their desk.
ChaangNoi: i think a lot of this is fund traders doing it on the side
ChaangNoi: hell, who of them would not have heard about btc by now
cads: mircea_popescu: http://trilema.com/2012/probably-the-hottest-business-idea-of-the-moment-in-btc/#comment-90935 "That’s a good point, if the codebase is small formal validation would probably be the way to go."
ChaangNoi: ltc juped as well :/
cads: "One major point which the original article neglects to mention is that this proposed business would be an excellent point of crystallization for true IT competence, drawing some actually qualified people in."
cads: mircea_popescu: ding ding ding...
cads: I think I might have hit on an interesting idea
MJR_: yes, that was my point, is that i think there is increasing volume of people accustomed to a 9:30 EST market opening
MJR_: that would be a good metric to track...
MJR_: to judge the amount of "institutional" or "wall street" interest
cads: mircea_popescu: do you have customers in mind for the code review adventure?
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.1022 = 0.2044 BTC [-]
cads: I'm thinking risk and externalities on the insurance derivative over this kind of service would be _far_ beyond my abilities to manage. However a code review would be quite lucrative and low risk. Also, it might be reasonable to begin offering formal verification services from the gate, or about 1 year after startup. It's not that hard to teach. When you have your own slaves.
cads: and I mean employees
cads: sex-employees cost too much!
cads: The issue I see with formal verification is so few people know to ask for it by name
cads: also, I know any number of people that play with the technology _for fun_, but much fewer who have names for themselves (and those guys tend to be happily employed)
optimator: I've thought about the insurance thing before. I think you'll end up developing pci-type standards and then measuring / certifying the company against those standards
optimator: http://www.pcicomplianceguide.org/pcifaqs.php
cads: mircea_popescu: thanks for that stimulating line of thought, I'm getting some positive feedback from my peers already.
cads: throwing in the bone about coding an exchange, too
cads: I might see some champing at the bit :)
mircea_popescu: cads> mircea_popescu: do you have customers in mind for the code review adventure? << sure. pretty much any new service opening.
mircea_popescu: optimator i think that direction is pretty much diametrically opposed.
optimator: how so?
mircea_popescu: let's go by example : the cc industry is pretty much all pci compliant
mircea_popescu: about half the cards in the world are available to download on the black market.
mircea_popescu: the idea is to succeed not to fail here.
optimator: ah. the issue is pci is broke, not that an open sourced bitcoin security standard would fail
mircea_popescu: but anyway. pci is pretty much marketing fluff. heavy on the blabla and three letter acronims, pompous definitions and posturing.
mircea_popescu: very light on actual anything. which mostly boils down to some penetration testing
mircea_popescu: yes
cads: http://www.ertos.nicta.com.au/research/l4.verified/approach.pml
optimator: sure, but i want to provide insurance to a site. but I'll only insure if they meet some standard. How do you define the standard? individual for each site?
mircea_popescu: a, no, if you read the article/comments it's agreed some standards will have to be arrived at/published
cads: this approach is essentially extensible to let us create almost anything needed. Bitcoin asic? Verified. LTC asic? verified. Bitcoin stock exchage?
cads: Can I hear "verified"?
optimator: right - pci, was just a placeholder, for an agreed upon standard
MJR_: this could be the "slightly smoky dragon" certification that i have been asking for...
mircea_popescu: "Stay tuned for the first commercially available, fully formally verified microkernel."
mircea_popescu: what's the news on that btw ?
mircea_popescu: optimator right.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.748 = 1.496 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7401 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.735 = 5.88 BTC [-]
MJR_: my point was that if someone has credibility (mpex) they can call their cert whatever they want, it will have value
cads: mircea_popescu: when you realize that this approach takes Coq -> Haskell -> C code, then you see it's about putting Coq in Cunt. Simple. I know ten medium level programmers already dying to be doing this kind of work, even if it was near free.
MJR_: so the double cherry truck and slightly smoky dragon were a joke, but they actually could hold weight now
mircea_popescu: MJR_ well obviously. kinda why those are there, to make that point.
cads: The only part is the veracity of our code
mircea_popescu: they weren't entirely a joke. best jokes are half jokes.
cads: if we turn out _only_ verified code, our reputation would rise quickly.
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.0038 = 0.095 BTC [-]
MJR_: kernel of truth
assbot: [BTCTC] [S.DICE-PT] 11 @ 0.0037 = 0.0407 BTC [-]
MJR_: but it points to certification is only as good as certifier
mircea_popescu: cads don't get overexcited now.
MJR_: in case of mpex...backed by btc
mircea_popescu: dow just dropped 100
assbot: [MPEX] [S.DICE] 50 @ 0.00333333 = 0.1667 BTC [+]
mircea_popescu: is now known as down jones
thestringpuller: !ticker h him
assbot: [HAVELOCK:HIM] 1D: 1.91900000 / 1.919 / 1.91900000 (2 shares, 3.83800000 BTC), 7D: 1.80000000 / 1.96645135 / 2.08000000 (111 shares, 218.27609996 BTC), 30D: 1.41000000 / 1.8129944 / 2.08000000 (716 shares, 1298.10399240 BTC)
thestringpuller: oh wow
kakobrekla: O_O
thestringpuller: !ticker m ^oix
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 93.3570601 / 108.2470225 / 135.80742037 (19613 shares, 8,037.73 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
thestringpuller: heh
MJR_: i'm seeing bullish sentiment...if you think GLD contracts expiring today struck at 151 are an indicator...those just doubled in value since the open
thestringpuller: ;;bids 108
gribble: There are currently 35595.81 bitcoins demanded at or over 108.0 USD, worth 4409417.03238 USD in total. | Data vintage: 0.0056 seconds
eyes: hey, anyone got any idea what the precedant is for bets where the conditions become unclear?
eyes: eg http://bitbet.us/bet/337/bfl-will-deliver-asic-devices-before-may-1st/
mircea_popescu: eyes not really much precedent. what's unclear there ?
eyes: the spec on BFL has changed since the bet was made
cads: mircea_popescu: *shrug* I do this when I make a connection that turns a deep problem into a resource. You should have seen me years ago each time I realized some little math connection.
mircea_popescu: doesn't matter. spec at the time of the bet being created counts.
eyes: ok cool
eyes: thats what i figured but though i would check :D
eyes: thankyou for quick response!
mircea_popescu: yeh
mircea_popescu: otherwiswe would be too easy
mircea_popescu: boingboing.net/2013/04/04/american-public-schools-in-9-s.html
mircea_popescu: how long till someone makes an ipad app to pinpoint mentally retarded female students aged 12 to 14, not on their period, with big tits ?
thestringpuller: ;;seen smickles
gribble: smickles was last seen in #bitcoin-assets 22 hours, 30 minutes, and 47 seconds ago: <smickles> a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.00000, Best ask: 137.19000, Bid-ask spread: 0.19000, Last trade: 137.00000, 24 hour volume: 60517.06080753, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.46786
thestringpuller: ;;later tell smickle pm me when you get the chance
gribble: The operation succeeded.
thestringpuller: ;;market sell 100000
gribble: A market order to sell 100000 bitcoins right now would net 9458202.1355 USD and would take the last price down to 41.1000 USD, resulting in an average price of 94.5820 USD/BTC. | Data vintage: 0.0044 seconds
thestringpuller: ;;market sell 200000
gribble: A market order to sell 200000 bitcoins right now would net 11368941.2316 USD and would take the last price down to 7.6000 USD, resulting in an average price of 56.8447 USD/BTC. | Data vintage: 11.6483 seconds
cads: mircea_popescu: as long as american public doesn't know to invest in in policies and products that help identity management and security, shit like this will keep happening.
mircea_popescu: cads it's an outrage tho.
cads: mircea_popescu: In America, remember, privacy is 'dirty'.
cads: A sin.
mircea_popescu: collectivist swamp you got going there.
thestringpuller: makes us all wanna move to romania
cads: 'People do naughty things in private!' It's only barely dawning on us that privacy protects you from disgusting things.
cads: Have you guys read about Identiti?
thestringpuller: mircea_popescu: Simona is at the bank, how do I say this phrase. what is is again, ce froumaousa esti?
mircea_popescu: ce frumoasa esti.
thestringpuller: how does that sound?
mircea_popescu: mkay lesee
cads: Identifi* http://www.rvl.io/mmalmi/identifi
mircea_popescu: thestringpuller http://www.youtube.com/watch?v=vuCPqiLNeIU
cads: It is a proposed complete identity database that will collect all available data on all humans. Get this. For the purpose of leading to a gift economy.
mircea_popescu: first few syllables. "ce frumoasa esti"
mircea_popescu: cads the retards re-re-re-inventing a broken version of pgp
assbot: [HAVELOCK] [SDICE] 1 @ 0.36499999 BTC [-]
mircea_popescu: i'm so sick of this bullshit
mircea_popescu: and of the "start-up" freakshow in general.
deadweasel: it's much worse in btc land
assbot: [HAVELOCK] [SDICE] 1 @ 0.365 BTC [+]
jurov: cads, truly fascinating ideas... but i propose to have btc code formally verified first
cads: mircea_popescu: worse than that. They want judges to be voted on by a peer network. If the network doesn't like the judge's decision, they can vote another judge. The idea is that people found guilty of crimes will become universally shunned.
mircea_popescu: orly.
mircea_popescu: because what the public thinks matters.
mircea_popescu: the us population < 40 is in dire need of regular weekly beatings
cads: as if!
assbot: [HAVELOCK] [HIM] 2 @ 1.919 = 3.838 BTC [+]
cads: the public _thinks_ its opinion matters, and that's what is important.
thestringpuller: mircea_popescu: lol
cads: Such a system would be so easy to influence it would be ridiculous.
mircea_popescu: yeah, i've enjoyed showing better a large swath of variouses since btc.
mircea_popescu: jurov ya that'll be the day.
cads: jurov: you think the BTC devs would like that?
jurov: *chuckles*
thestringpuller: haha
mircea_popescu: joeykrim hey, still there ?
cads: maybe I start my own coin
cads: the mathcoin :P
jurov: yea making proven correct altchain would be prolly easier
mircea_popescu: stop starting things.
cads: perfectly verified code base :D
KRS-1: you should use haskell
mircea_popescu: he should use bitc and name the service oink
thestringpuller: oink like the bittorrent tracker?
assbot: [BTCTC] [BASIC-MINING] 11 @ 0.39 = 4.29 BTC [+]
mircea_popescu: bitcoink the bitc whatever
thestringpuller: ;;asks
gribble: (asks [--over] <pricetarget>) -- Calculate the amount of bitcoins for sale at or under <pricetarget>. If '--over' option is given, find coins or at or over <pricetarget>.
mircea_popescu: deadweasel 4. Use multiple bets to get more of the wiinings 'weight' << hiow;s that work ?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.774 BTC [+]
deadweasel: seconds]
deadweasel: 10:24:44 < thestringpuller> oink like the bittorrent tracker?
deadweasel: i figure multiple bets each get a chunck of weight, so if you split up, maybe get more weight?
jurov: nope
jurov: betting 4BTC at is the same result as 4 bets 1 btc each, all weights equal
assbot: [BTCTC] [COGNITIVE] 1 @ 0.15789 BTC [+]
mircea_popescu: yeah.
deadweasel: oh
mircea_popescu: otherwise wtf
deadweasel: fixed
deadweasel: lol, i made that up in my brain.
deadweasel: stupid brain
assbot: [BTCTC] [SYNERGY] 1 @ 0.01998 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.01999 BTC [+]
jurov: deadweasel: you're deadweasley or that's somebody else?
deadweasel: that me, left my vpn on yesterday, had to use web irc at work cos no ssh
jurov: weren't you hired to do something else? xD
deadweasel: i'm considering in for my weekend project.
deadweasel: in / it
jurov: okay :D
MJR_: mircea_popescu: i want to build something like this for your options...there are so many strike prices right now http://imgur.com/zYFS8Pv
MJR_: like as a front end i mean
mircea_popescu: so go ahead
mircea_popescu: smickles was working on something similar
MJR_: you only support polling currently right?
MJR_: no data stream?
mircea_popescu: there's a websocket for trades and tyou can also get the twitter whatever that is
mircea_popescu: high: 139.90 low: 135.12
mircea_popescu: ahh this is so beautiful
thestringpuller: IKNORITE
thestringpuller: high five mircea_popescu
denialdenial: i have some pretty rad ideas for an options/gui type interface
thestringpuller: o/
denialdenial: can't share
thestringpuller: (dont leave me hanging)
denialdenial: hush hush
denialdenial: ijs
denialdenial: errybody got projects going
mircea_popescu: .|.
mircea_popescu: like that ?
thestringpuller: yah
thestringpuller: :D
MJR_: denialdenial: what do you think of this http://imgur.com/zYFS8Pv
thestringpuller: denialdenial: are you related to danieldaniel
thestringpuller: ;;identify denialdenial
gribble: Error: That operation cannot be done in a channel.
thestringpuller: ;;ident denialdenial
gribble: Nick 'denialdenial', with hostmask 'denialdenial!~jcpham@unaffiliated/jcpham', is identified as user jcpham, with GPG key id C71FB5ED6ACE04AF, key fingerprint F7299BD73879E866613EAB24C71FB5ED6ACE04AF, and bitcoin address 16zaKwZC6n9BMipwLbewYGn8NXEgmN2f3Y
denialdenial: derp
thestringpuller: ;;ident danieldaniel
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
thestringpuller: ;;getrating danieldaniel
gribble: WARNING: Currently not authenticated. User danieldaniel, rated since Wed Jul 13 18:27:02 2011. Cumulative rating 148, from 111 total ratings. Received ratings: 108 positive, 3 negative. Sent ratings: 98 positive, 9 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=danieldaniel
denialdenial: why you checking dansqaures ratings
denialdenial: i'm not him
denialdenial: he's 12
thestringpuller: are you 12?
denialdenial: almost
denialdenial: very soon.
thestringpuller: ;;getrating denialdenial
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
jurov: are you gay?
denialdenial: almost
denialdenial: very soon.
jurov: can i help you?
denialdenial: ;;getrating [ident denialdenial]
gribble: Currently authenticated from hostmask denialdenial!~jcpham@unaffiliated/jcpham . CAUTION: irc nick differs from otc registered nick. User jcpham, rated since Fri Nov 11 10:35:04 2011. Cumulative rating 102, from 73 total ratings. Received ratings: 70 positive, 3 negative. Sent ratings: 74 positive, 5 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=jcpham
assbot: [MPEX] [S.MPOE] 13300 @ 0.00070681 = 9.4006 BTC [-]
thestringpuller: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00313722 / 0.0033218 / 0.00333333 (8140 shares, 27.04 BTC), 7D: 0.0031 / 0.00326054 / 0.00439992 (540907 shares, 1,763.65 BTC), 30D: 0.0031 / 0.00373031 / 0.006 (1695348 shares, 6,324.18 BTC)
thestringpuller: that will skyrocket as soon as divs are paid
thestringpuller: jeeze
denialdenial: check that next to the last rating
denialdenial: hilarity
thestringpuller: mircea_popescu: what exactly did erik say?
mircea_popescu: that he's moved and getting things together.
thestringpuller: oh is he moving satoshi dice physically?
troc: is there a public record of that ?
thestringpuller: he flew to ireland?
MJR_: sdice is in ireland
MJR_: he moved himself physically :)
thestringpuller: oh to a bigger penthouse in new york
MJR_: no, out of US
mircea_popescu: nah out of the us
thestringpuller: does he still work for bitinstant?
mircea_popescu: lol jurov you help prepubescent prefags grow into the fold ?
MJR_: not really
MJR_: they had to split coinapult off of that, i believe, but I don't know all the details
thestringpuller: oh wow
jurov: yea. but only bottoms.
assbot: [MPEX] [S.DICE] 1000 @ 0.00333333 = 3.3333 BTC [+]
MJR_: thestringpuller: thats the funny thing is that the share price goes up AFTER the dividends
thestringpuller: best time to buy
thestringpuller: slightly above original ipo tier 2 price
thestringpuller: ;;seen Bugpowder
gribble: Bugpowder was last seen in #bitcoin-assets 3 hours, 26 minutes, and 40 seconds ago: <Bugpowder> Bids now > $11.1MM
assbot: [MPEX] [S.MPOE] 6200 @ 0.00069564 = 4.313 BTC [-]
assbot: [MPEX] [S.DICE] 360 @ 0.00333333 = 1.2 BTC [+]
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 136.84000, Best ask: 136.99999, Bid-ask spread: 0.15999, Last trade: 136.99999, 24 hour volume: 60351.15215987, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.65262
troc: ;;bids 0
gribble: There are currently 31166637 bitcoins demanded at or over 0.0 USD, worth 11949599.5809 USD in total. | Data vintage: 0.0106 seconds
ChaangNo_: ;;bids 0
gribble: There are currently 31166637 bitcoins demanded at or over 0.0 USD, worth 11949599.5809 USD in total. | Data vintage: 67.6056 seconds
ChaangNo_: almost 12 million
ChaangNo_: weekend rocket? :)
deadweasel: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.29312, Best ask: 137.71069, Bid-ask spread: 0.41757, Last trade: 137.98994, 24 hour volume: 60258.80277878, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.65657
assbot: [MPEX] [S.MPOE] 9604 @ 0.0007033 = 6.7545 BTC [+]
assbot: [MPEX] [S.MPOE] 4031 @ 0.00070686 = 2.8494 BTC [+]
assbot: [MPEX] [S.MPOE] 9965 @ 0.00070706 = 7.0459 BTC [+]
error4733: ;;ticker
gribble: BTCUSD ticker | Best bid: 138.00002, Best ask: 138.15557, Bid-ask spread: 0.15555, Last trade: 138.00002, 24 hour volume: 60159.81680270, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.66702
error4733: !ticker m s.dice
assbot: [MPEX:S.DICE] 1D: 0.00313722 / 0.00332345 / 0.00333333 (9500 shares, 31.57 BTC), 7D: 0.0031 / 0.00326072 / 0.00439992 (542267 shares, 1,768.18 BTC), 30D: 0.0031 / 0.00372916 / 0.006 (1693319 shares, 6,314.67 BTC)
MJR_: ;;bc,24hprc
gribble: 134.34
assbot: [HAVELOCK] [SDICE] 1 @ 0.360123 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.93 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.743 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.742 = 5.194 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
AndroUser: ;;ticker
gribble: BTCUSD ticker | Best bid: 138.00000, Best ask: 138.25000, Bid-ask spread: 0.25000, Last trade: 138.00000, 24 hour volume: 60135.66333421, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.68006
troc: ;;bids 0
gribble: There are currently 31166837 bitcoins demanded at or over 0.0 USD, worth 12022834.3331 USD in total. | Data vintage: 4.7549 seconds
AndroUser: Pleasantly surprised we're staying so high in price
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.1722 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.3581 = 0.7162 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.1025 = 0.205 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 18 @ 0.1026 = 1.8468 BTC [+]
deadweasel: how does get invited to #bitcoin-security?
deadweasel: *one
assbot: [HAVELOCK] [SDICE] 14 @ 0.36 = 5.04 BTC [+]
topace|2: if you have to ask, you cant be invited
deadweasel: i figured
topace|2: hehe
topace|2: honestly i have no clue
topace|2: it just seemed to make sense
topace|2: like.. maybe you have to hack your way in?
deadweasel: probably
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 137.99985, Best ask: 138.00000, Bid-ask spread: 0.00015, Last trade: 138.00000, 24 hour volume: 59900.23588376, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.71313
mircea_popescu: there is no bitcoin security.
ThickAsThieves: ;;seen namworld
gribble: namworld was last seen in #bitcoin-assets 1 day, 16 hours, 15 minutes, and 16 seconds ago: <Namworld> lag on the rise... and almost no trading...
ivan```: hi
assbot: [MPEX] [S.DICE] 600 @ 0.00333333 = 2 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3581 BTC [-]
jcpham: * Channel #bitcoin-security? modes: +ns
jcpham: * jcpham sets mode +t #bitcoin-security?
assbot: [HAVELOCK] [KCIM] 1 @ 1.17 BTC [+]
assbot: [HAVELOCK] [KCIM] 3 @ 1.185 = 3.555 BTC [+]
thestringpuller: !ticker h him
assbot: [HAVELOCK:HIM] 1D: 1.91900000 / 1.9212 / 1.93000000 (5 shares, 9.60600000 BTC), 7D: 1.87000000 / 1.98256408 / 2.08000000 (103 shares, 204.20409996 BTC), 30D: 1.41000000 / 1.81345201 / 2.08000000 (719 shares, 1303.87199240 BTC)
assbot: [HAVELOCK] [SDICE] 5 @ 0.3581 = 1.7905 BTC [-]
assbot: [HAVELOCK] [KCIM] 1 @ 1.185 BTC [+]
deadweasel: topace|2: it's for discussing exploits not in the wild.. yet
deadweasel: https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures
assbot: [HAVELOCK] [SDICE] 1 @ 0.3501 BTC [-]
thestringpuller: !ticker m ^OIx
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 93.3570601 / 108.2470225 / 135.80742037 (19613 shares, 8,037.73 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
ThickAsThieves: I'm surprised there isnt a BitBet "MtGox will make Litecoin available for trading with BTC and USD"
ThickAsThieves: so i submitted one
Bugpowder: ;;bids 0
gribble: There are currently 31167170 bitcoins demanded at or over 0.0 USD, worth 12081001.5474 USD in total. | Data vintage: 17.1370 seconds
ThickAsThieves: !
Bugpowder: up up and away!
ThickAsThieves: http://www.sierrachart.com/image.php?l=1365178675195.png
ThickAsThieves: 139
assbot: [MPEX] [S.DICE] 2424 @ 0.0033 = 7.9992 BTC [-]
assbot: [MPEX] [S.DICE] 3391 @ 0.00324997 = 11.0206 BTC [-]
ThickAsThieves: $avg
mpexbot: ThickAsThieves: 134.44
bgupta: ;;goxlog
gribble: Error: "goxlog" is not a valid command.
bgupta: ;;goxlag
gribble: MtGox lag is 1.069233 seconds. During this time, light travels 0.00214273096027 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
bgupta: ;;goxlag
gribble: MtGox lag is 103.696989 seconds. During this time, light travels 0.207807604907 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
bgupta: ;;goxlag
gribble: MtGox lag is 6.830921 seconds. During this time, light travels 0.0136890892012 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 31.669719 seconds. During this time, light travels 0.0634657622842 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU).
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 139.50002, Best ask: 139.88000, Bid-ask spread: 0.37998, Last trade: 139.50002, 24 hour volume: 62471.48988893, 24 hour low: 128.00100, 24 hour high: 140.00000, 24 hour vwap: 135.01616
bgupta: dlaiming ddos in #mtgox
ThickAsThieves: suuuure.
bgupta: well volume isn't that high.. it's not like there trade engine should be melting down
bgupta: I executed a buy
bgupta: it went through right away
MJR_: i was wondering about that
MJR_: "volume" means number of coins
MJR_: is there any reporting of number of transactions?
bgupta: I beli that there is a DDOS going on.
MJR_: you can do 10,000 transactions for one coin
MJR_: at least
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 12.045338 seconds. During this time, light travels 0.0241387224857 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 139.92000, Best ask: 139.98000, Bid-ask spread: 0.06000, Last trade: 139.92000, 24 hour volume: 63174.54465026, 24 hour low: 128.00100, 24 hour high: 140.00000, 24 hour vwap: 135.07365
bgupta: well my transacaction went trough immediately
ThickAsThieves: so a 10-minute ddos?
ThickAsThieves: only when price peaks?
bgupta: seems that it continues until price breaks
MJR_: well, i can send one order for 10,oo0 coins...that isn't a lot of "Volume"
bgupta: people kinda know what's going on now, so I'm not sure we'll see the same tanking
MJR_: in other words, their lag is not related to number of coins, but rather to number of orders
MJR_: so is their a measurement of number of orders?
ThickAsThieves: doubtful
bgupta: No I think the lag is realted to a ddos that's happening
MJR_: either way
ThickAsThieves: especially since you can make soft orders
ThickAsThieves: that dont even show
bgupta: soft orders?
MJR_: they are unfunded and don't hit the books till funds arrive
ThickAsThieves: you can have as many bids as you want
ThickAsThieves: past your USD
bgupta: oh yeah..
ThickAsThieves: they only list the ones that are funded
assbot: [HAVELOCK] [SDICE] 1 @ 0.34758 BTC [-]
ThickAsThieves: but others trigger dynamically
ThickAsThieves: some think that is the cause of lag
ThickAsThieves: i make 10000 orders at minimum price
ThickAsThieves: every tme one fills, all orders need to be adjusted
assbot: [HAVELOCK] [SDICE] 1 @ 0.345 BTC [-]
MJR_: ThickAsThieves: so you are the cause of goxlag?
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 140.25622, Best ask: 140.30000, Bid-ask spread: 0.04378, Last trade: 140.30000, 24 hour volume: 63655.09673072, 24 hour low: 128.00100, 24 hour high: 140.25622, 24 hour vwap: 135.11602
bgupta: interesting we are above 140
bgupta: if you hard refres clarkmoody you get updated numbers, but no live updates
ThickAsThieves: I am not
ThickAsThieves: i dont have time for that shit
MJR_: 164 strike price options FTW
ThickAsThieves: if i was buying tons of btc i might do that though
MJR_: also, why use clarkmoody now that bitcoinity.org is available?
bgupta: ;;goxlag
gribble: MtGox lag is 0.845698 seconds. During this time, light travels 0.00169476932309 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
ThickAsThieves: clarkmoody shows better livebooks... usually
bgupta: clarkmody is working again
ThickAsThieves: unless i'm missing somehting about bitcoinity
MJR_: ah yes
Bugpowder: They are complementary
MJR_: it does have live book...bitcoinity only has ticker
bgupta: sockets are working
Bugpowder: ;;bids 0
gribble: There are currently 31152031 bitcoins demanded at or over 0.0 USD, worth 11785518.8965 USD in total. | Data vintage: 0.0105 seconds
bgupta: ;;asks 1000000
gribble: There are currently 56435.086 bitcoins offered at or under 1000000.0 USD, worth 120082663.339 USD in total. | Data vintage: 18.3401 seconds
ThickAsThieves: number of coins for sale hasnt changed much this week
assbot: [BTCTC] [PAJKA.BOND] 20 @ 0.09 = 1.8 BTC [-]
bgupta: It's gone down a bit was low 60s earlier
Bugpowder: I think we are going to challenge 150 today.
ThickAsThieves: really?
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.39 = 3.9 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1005 BTC [+]
bgupta: a couple small walls to get through though..
ThickAsThieves: ;;asks 149.94
gribble: There are currently 14148.485 bitcoins offered at or under 149.94 USD, worth 2058006.08163 USD in total. | Data vintage: 0.0019 seconds
bgupta: but the buy depth looks like a tidal wave.
bgupta: "small" being "actually not that small"
Bugpowder: yeah. The bid depth is up over 2 million from yesterday
Bugpowder: that's probably new money looking to buy
Bugpowder: could take us right up to the wall
bgupta: looks like it's going up..
bgupta: buy flors keep getting thrown up
Bugpowder: yah.
Bugpowder: Maybe no dip this weekend too. We already had the correction
bgupta: no real ceiling for a couple bucks
Bugpowder: oh my, another shift of a wall forward
Bugpowder: ;;bids 0
gribble: There are currently 31152051 bitcoins demanded at or over 0.0 USD, worth 11589246.0017 USD in total. | Data vintage: 0.0255 seconds
jurov: vircurex completely wiped from face of earth
kakobrekla: jurov?
bgupta: vitcure? reently?
bgupta: recently?
jurov: kakobrekla?
bgupta: Or ddos
kakobrekla: whats with the curex
jurov: i don't know. ping says Time to live exceeded
bgupta: ;;goxlag
gribble: MtGox lag is 1.152629 seconds. During this time, light travels 0.00230985561052 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
bgupta: ;;tiker
gribble: Error: "tiker" is not a valid command.
error4733: https://docs.google.com/spreadsheet/ccc?key=0Aiec3-Eo_yO5dHB2dVdiaEltUHAtTWlBcFhXQVBYeGc#gid=12
bgupta: ;;ticker
gribble: BTCUSD ticker | Best bid: 140.00001, Best ask: 140.10000, Bid-ask spread: 0.09999, Last trade: 140.00001, 24 hour volume: 60788.31684229, 24 hour low: 128.00100, 24 hour high: 140.75000, 24 hour vwap: 135.69764
TomServo: there is a routing loop in the path to vircurex.com
TomServo: could be DDOS related
ThickAsThieves: https://twitter.com/Vircurex/status/320224745402544128
assbot: [MPEX] [S.MPOE] 4869 @ 0.00069564 = 3.3871 BTC [-]
error4733: please erik, why, why publish a half report ?
ThickAsThieves: there's a report?
troc: tabs on bottom of spreadsheet ?
error4733: 19:20
error4733: but it's like a clear copy of feb, he start to fill it
ThickAsThieves: maybe you are watching him work
ThickAsThieves: its not like he announced an update
error4733: yes, done
error4733: net profit 890...
error4733: 0.00000890
Bugpowde_: Sdice?
error4733: yep
Bugpowde_: 150 is going down. I know it
error4733: monday ?
assbot: [HAVELOCK] [SDICE] 3 @ 0.3410002 = 1.023 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.34100001 = 2.046 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.341 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.3401 = 4.0812 BTC [-]
assbot: [HAVELOCK] [SDICE] 6 @ 0.3400001 = 2.04 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3400001 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.34 BTC [-]
assbot: [HAVELOCK] [SDICE] 11 @ 0.34 = 3.74 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.34 = 6.8 BTC [-]
ThickAsThieves: sell that sdice people!
Bugpowde_: Today
deadweasel: i'll pick some more up.
assbot: [HAVELOCK] [VTX] 100 @ 0.4448 = 44.48 BTC [-]
error4733: cmon it's friday, time to drink
error4733: not to score btc
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.76897 = 5.3828 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.93 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.00329642 = 6.5928 BTC [+]
ThickAsThieves: 142
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76898 BTC [+]
Bugpowdurr: NEXT!
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.76899 = 5.3829 BTC [+]
ThickAsThieves: 143
assbot: [HAVELOCK] [KCIM] 2 @ 1.185 = 2.37 BTC [+]
Bugpowdurr: I love clarkmoddy for the dings
ThickAsThieves: get ready for lag fest!
error4733: ;;ticker
gribble: BTCUSD ticker | Best bid: 141.80000, Best ask: 141.85000, Bid-ask spread: 0.05000, Last trade: 141.80000, 24 hour volume: 60924.16404900, 24 hour low: 129.00100, 24 hour high: 141.89000, 24 hour vwap: 136.18292
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.769 = 3.076 BTC [+]
error4733: ;;goxlax
Bugpowdurr: 144
gribble: Error: "goxlax" is not a valid command.
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.77 = 4.62 BTC [+]
error4733: ;;goxlag
gribble: MtGox lag is 112.267925 seconds. During this time, light travels 0.224983664686 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
assbot: [HAVELOCK] [VTX] 2 @ 0.4448 = 0.8896 BTC [-]
Bugpowdurr: ;;calc 3448*143
gribble: 493064
Bugpowdurr: $500,000 buy order
error4733: 500k$ BAM
Bugpowdurr: ha
Bugpowdurr: and the buy wall at 141.6 is still there
Bugpowdurr: ;;bids 0
gribble: There are currently 31143382 bitcoins demanded at or over 0.0 USD, worth 11579625.3003 USD in total. | Data vintage: 0.0114 seconds
ThickAsThieves: oh where oh where will we land after lad? nobody knows
ThickAsThieves: lag*
benkay: ;;goxlag
gribble: MtGox lag is 196.769549 seconds. During this time, light travels 0.394323973054 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
benkay: dear lord
deadweasel: i think gox does need ;;goxlax
ThickAsThieves: hehe
ThickAsThieves: i'm beginning to believe this soft order thing really is the problemn
ThickAsThieves: it only lags when there are lots of orders in one direction
ThickAsThieves: thats not ddos
Bugpowdurr: it lags when a big order goes off and cleans out a big set of standing orders
mod6: sup
ThickAsThieves: Ola, Erik.
evoorhees: hola senior
ThickAsThieves: what wonderful sdice updates do you bring us today?
error4733: poker ?
ThickAsThieves: in the rear
pizzaman1337: evoorhees: how's that bitinstant debit card going?
evoorhees: oy vey
jcpham: oh my god wow
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 46.315103 seconds. During this time, light travels 0.0928149478423 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
ThickAsThieves: ;;tixker
gribble: Error: "tixker" is not a valid command.
Bugpowdurr: ;;bids 0
jcpham: http://youtu.be/51GZ5hg_ZHk
gribble: There are currently 31144502 bitcoins demanded at or over 0.0 USD, worth 11685628.9433 USD in total. | Data vintage: 0.0148 seconds
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 142.10100, Best ask: 143.98000, Bid-ask spread: 1.87900, Last trade: 142.10100, 24 hour volume: 60924.16404900, 24 hour low: 129.00100, 24 hour high: 141.89000, 24 hour vwap: 136.18292
jcpham: oy vey, holy cow, oh my god, wow
jcpham: they say i'm gettin fresher every time i turn around
jcpham: day in, and day out, we trying to get this paper
assbot: [MPEX] [S.DICE] [PAID] 445.0881225 BTC to 50`000`000 shares, 890 satoshi per share
ThickAsThieves: don't spend it all in one place!
evoorhees: s.dice div paid
evoorhees: oh bot beat me to it :)
mod6: nice
evoorhees: my apologies for the low performing month, the 1920 btc jackpot really put a damper on things
mod6: well, jackpots are part of the game! and keeps interest high.
deadweasel: it's gambling. i'll take the opportunity to buy more sdice. ;)
ThickAsThieves: will ther ebe any adjustments to min/max bids going forward?
ThickAsThieves: to deal with BTC rising value
[\\\]: ;;ident evoorhees
gribble: Nick 'evoorhees', with hostmask 'evoorhees!~evoorhees@', is not identified.
evoorhees: ThickAsThieves - yes probably
evoorhees: has this been a matter of contention?
ThickAsThieves: only in my own head
evoorhees: hehe
ThickAsThieves: just seems logical
[\\\]: increasing the max bid?
ThickAsThieves: any new features coming soon?
kakobrekla: withdrawals will be depricated
ThickAsThieves: feel free to tell me to 'wait for the damn update on forums plz"
[\\\]: ThickAsThieves: wait for the damn update on forums plz
ThickAsThieves: not you
ThickAsThieves: :P
[\\\]: you didn't specify
ThickAsThieves: okay you can tell me too
[\\\]: yay
[\\\]: but since I've already told you, I'm done.
evoorhees: I'll provide a good update in about 2 weeks I think
[\\\]: 2 weeks?!?
ThickAsThieves: but but
evoorhees: yep
[\\\]: is that a bfl 2 weeks?
ThickAsThieves: hehe
evoorhees: lol
ThickAsThieves: nice Panamanian IP
evoorhees: thanks
evoorhees: I'm officially a non US resident
evoorhees: thank god
ThickAsThieves: jealous
[\\\]: aww
[\\\]: how are you gonna be jailed now?
assbot: [HAVELOCK] [SDICE] 63 @ 0.3391 = 21.3633 BTC [-]
[\\\]: you take all the fun out of it
error4733: well done, just in time !
evoorhees: just in time for what?
benkay: the eternally impending us crackdown ;)
ThickAsThieves: a hot summer
assbot: [HAVELOCK] [SDICE] 10 @ 0.32 = 3.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.32 = 3.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.3191 = 2.5528 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.31900001 = 0.957 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.3161 = 0.6322 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.31600001 = 3.16 BTC [-]
assbot: [HAVELOCK] [SDICE] 35 @ 0.3155 = 11.0425 BTC [-]
assbot: [HAVELOCK] [SDICE] 122 @ 0.315 = 38.43 BTC [-]
ThickAsThieves: havelock no like sdice divs
evoorhees: I imagine any "US crackdown" will be in 3-5 years and will be broad and epic
evoorhees: but for now, bitcoin just got legal status
evoorhees: I don't think the gov has any intention of a crackdown just yet
assbot: [HAVELOCK] [SDICE] 2 @ 0.315 = 0.63 BTC [-]
error4733: no but more easy for you outside US to deal with large sum of gambling income
assbot: [HAVELOCK] [SDICE] 3 @ 0.3 = 0.9 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.3 = 1.2 BTC [-]
assbot: [HAVELOCK] [SDICE] 30 @ 0.3 = 9 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.3 BTC [-]
ThickAsThieves: what income, just mario coins
error4733: 3/5 years, a long long way !!
error4733: haha, 100% true
error4733: for my "IRS" it's like WoW gold
evoorhees: hi
ThickAsThieves: hi
evoorhees: that's private, but my IP shows panama ;)
ThickAsThieves: $1.40 is unaffordable!
evoorhees: I agree
evoorhees: I'll change it soon
assbot: [BTCTC] [S.DICE-PT] 20 @ 0.00439 = 0.0878 BTC [+]
bitesak: ;;ticker
gribble: BTCUSD ticker | Best bid: 142.91000, Best ask: 143.50000, Bid-ask spread: 0.59000, Last trade: 142.90000, 24 hour volume: 66234.91364395, 24 hour low: 130.24303, 24 hour high: 144.94000, 24 hour vwap: 137.17646
assbot: [MPEX] [S.MPOE] 5700 @ 0.00069796 = 3.9784 BTC [+]
assbot: [MPEX] [S.MPOE] 13750 @ 0.00070136 = 9.6437 BTC [+]
assbot: [MPEX] [S.MPOE] 350 @ 0.00070503 = 0.2468 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [+]
assbot: [MPEX] [S.MPOE] 20950 @ 0.00070503 = 14.7704 BTC [+]
ThickAsThieves: ;;bids 0
gribble: There are currently 31146741 bitcoins demanded at or over 0.0 USD, worth 11500405.32 USD in total. | Data vintage: 98.0569 seconds
ThickAsThieves: ;;market --buy 2500
gribble: A market order to buy 2500 bitcoins right now would take 361889.8503 USD and would take the last price up to 145.9200 USD, resulting in an average price of 144.7559 USD/BTC. | Data vintage: 0.0002 seconds
ThickAsThieves: ;;market --buy 3500
gribble: A market order to buy 3500 bitcoins right now would take 508025.3582 USD and would take the last price up to 146.9727 USD, resulting in an average price of 145.1501 USD/BTC. | Data vintage: 7.8158 seconds
ThickAsThieves: i dont think we'll see 150 today
error4733: ;;goxlag
gribble: MtGox lag is 18.559306 seconds. During this time, light travels 0.0371926414237 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
[\\\]: evoorhees, are there plans to release/sell more shares?
Guest32733: no
Guest32733: ack sorry, let me identify
evoorhees: here now
evoorhees: no, no plans to release more shares
[\\\]: so it should be pretty stable as to the float at this time
evoorhees: well that's up to the marketplace :)
assbot: [MPEX] [S.MPOE] 6500 @ 0.00070706 = 4.5959 BTC [+]
evoorhees: lol my net worth is nowhere near that
evoorhees: give it another year maybe
MJR_: evoorhees: hey there!
evoorhees: hi
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [+]
jurov: coinbr users got paid from s.dice, too
assbot: [BTCTC] [GSDPT] 1000 @ 0.00349 = 3.49 BTC [-]
assbot: [BTCTC] [GSDPT] 1000 @ 0.00349 = 3.49 BTC [-]
pgp: friday selloff coming?
assbot: [BTCTC] [GSDPT] 420 @ 0.00349 = 1.4658 BTC [-]
TomServo: ;;goxlag
gribble: MtGox lag is 29.336976 seconds. During this time, light travels 0.0587909714308 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU).
MJR_: s.dice still turned a profit after that month
dub: looks like AM added some hashing
dub: up to 7Th on guld now
dub: guild*\
assbot: [BTCTC] [GSDPT] 30 @ 0.00349 = 0.1047 BTC [-]
jurov: ;;bc,stats
gribble: Current Blocks: 229837 | Current Difficulty: 7672999.920164138 | Next Difficulty At Block: 231839 | Next Difficulty In: 2002 blocks | Next Difficulty In About: 1 week, 6 days, 14 hours, 51 minutes, and 25 seconds | Next Difficulty Estimate: 9604168.81893 | Estimated Percent Change: 25.16837
dub: ;;nethash
gribble: 54210.8599443
dub: there they go 7,019.47 GH/s
dub: climbing rapidly
pgp: http://www.cnbc.com/id/100619555
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.779 = 11.685 BTC [+]
pgp: offshore bank accounts are so passe...
pgp: time to move to bitcoins...
BUgpowder: This should be good for bitcoin... http://thehill.com/blogs/on-the-money/domestic-taxes/292071-obama-budget-to-target-wealthy-iras
assbot: [MPEX] [S.DICE] 3394 @ 0.00313722 = 10.6477 BTC [-]
assbot: [MPEX] [S.DICE] 150 @ 0.00313722 = 0.4706 BTC [-]
BUgpowder: wheeee
mircea_popescu: ah so sdice paid ?
pizzaman1337: yep
assbot: [BTCTC] [B.YABMC] 1 @ 0.01301 BTC [+]
mircea_popescu: <Bugpowde_> 150 is going down. I know it << lol
ThickAsThieves: ;;ticker
gribble: BTCUSD ticker | Best bid: 142.82500, Best ask: 143.86603, Bid-ask spread: 1.04103, Last trade: 143.86603, 24 hour volume: 69165.45857475, 24 hour low: 130.24303, 24 hour high: 144.94000, 24 hour vwap: 137.79288
ThickAsThieves: ;;goxlag
gribble: MtGox lag is 70.001993 seconds. During this time, light travels 0.140283210191 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
ThickAsThieves: ;;assbotiloveyou
gribble: Error: "assbotiloveyou" is not a valid command.
mircea_popescu: <evoorhees> just in time for what?<<< poor guy. just because they're not after him doesn't mean he's not paranoid.
ThickAsThieves: i'd leave the US for the hell of it if my wife was down with it
mircea_popescu: ThickAsThieves you don't have chains in the house ?
ThickAsThieves: no sir
ThickAsThieves: i'm not that type
ThickAsThieves: more of a live and let live kinda guy
mircea_popescu: hey, me too!
jurov: (not rly)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7799 BTC [+]
MJR_: so...in a deflationary currency, 0% interest is pretty good
mircea_popescu: mjr epsilon^
mircea_popescu: epsilon% i mean
ThickAsThieves: i also havent pinpointed a specific place and argument for moving there either
MJR_: well, getting back the same exact amount you invested is a net win
MJR_: in purchasing power
mircea_popescu: "honey.... let's move to cancun, a lot of cheap sluts over there and they have bigger tits than you do"
MJR_: in S.DICE's case, you have a positive number
ThickAsThieves: i have at least convinced here we need to get the hell out of Florida
topace|2: mircea_popescu: could you add the push date/time to the push receipt ?
mircea_popescu: MJR_ this is true in principle. bitcoin inflation is still marked however.
topace|2: i have no way of knowing if this push request to havelock was before or after the sdice dividend
ThickAsThieves: sneaky!
mircea_popescu: topace|2 well the idea is to allow the push-er this freedom
mircea_popescu: you can count it from the time he shows it to you
ThickAsThieves: surely you can log your own push incoming requests no?
jurov: topace|2: the gpg signature contains time, no?
topace|2: ThickAsThieves: nope
mircea_popescu: topace|2 you see a problem with that approach ?
MJR_: bitcoin is inflationary? on a net basis...i would say it is deflationary now (the goods available are increasing faster than the currency)
topace|2: yes, i have no idea if the dividend i received includes the dividend for the units that were pushed or not
MJR_: just a thought
mircea_popescu: well that you can resolve by math, no ? divide net by units ?
mircea_popescu: MJR_ on a monetarist basis. further currency introduced at a fixed rate, about 10% annualised.
topace|2: sure for this one instance, i only have one pending push
topace|2: but what if i had like, 10 push requests pending
topace|2: how do i know which should receive the dividend, and which shouldnt
mircea_popescu: i see what you mean.
topace|2: aka, which i should approve the push for BEFORE the dividend is paid, and which i should wait to approve the push until after
mircea_popescu: the thing here is that this sorta conflicts on a philosophical level, as in, i'd rather have tx's dated by parties than by central system.
mircea_popescu: i'll have an argument over this topic again tho.
jurov: topace|2: use extra account for pushes
jurov: i'm fortunate to have one
ThickAsThieves: does that mean coinbr to havelock pushes are coming soon?
topace|2: ThickAsThieves: its on our very long todo list
jurov: not necessarily :)
mircea_popescu: but as a prototype : "21:08 <assbot> [MPEX] [S.DICE] [PAID] 445.0881225 BTC to". all pushes you received prior to 21:08 you count as before
mircea_popescu: all pushes you received after you count as after.
mircea_popescu: is this a problem ?
jurov: yes you "just" have to call stat every few seconds
topace|2: not a problem for me, but if someone makes the push before, but doesnt post it to havelock until after, then they completely miss out on the dividend
mircea_popescu: topace|2 that'd be their problem.
mircea_popescu: btc and btc-derivatives are cif not fob.
mircea_popescu: i think that outlook is crucial to allow us further development cheaper
jurov: cheaper for mpex, yea
mircea_popescu: cheaper for the developer.
mircea_popescu: we do not have the resources to sustain a consumerist attitude on the users.
mircea_popescu: let their government pay us to do that.
mircea_popescu: just as soon as they figure out how.
jurov: i just shrugged over it, write all balance changes to db and then resolve shit manually
thestringpuller: mircea_popescu: you slept with my banker
mircea_popescu: thestringpuller i do a lot of sleeping with bankers
thestringpuller: lol jkjk
mircea_popescu: but seriously, consider the converse approach : user is actually incentivised to time-attack the entire system
topace|2: mircea_popescu: pm
mircea_popescu: it will become possible if difficult to try and time it so he appears to deserve it both ways
topace|2: well ill just go with this for now, kinda in a rush to get out of here
thestringpuller: !ticker m S.Dice
assbot: [MPEX:S.DICE] 1D: 0.00313722 / 0.00326249 / 0.00333333 (17108 shares, 55.81 BTC), 7D: 0.0031 / 0.00324529 / 0.00439992 (539474 shares, 1,750.75 BTC), 30D: 0.0031 / 0.00372533 / 0.006 (1704526 shares, 6,349.93 BTC)
topace|2: so ill just get this paid and worry about it later
mircea_popescu: ;;calc 445.0881225 / 50
gribble: 8.90176245
thestringpuller: !ticker m ^oix
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 93.3570601 / 108.2470225 / 135.80742037 (19613 shares, 8,037.73 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
thestringpuller: no new options have been bought?
thestringpuller: is it like all calls?
jurov: user is actually incentivised to time-attack the entire system << i don't get it?
mircea_popescu: 8`037.73 (35.1 / 64.9) i see
mircea_popescu: jurov if you go by the mpex issued timer, it would be (at least in theory) possible for the user to at least attempt
mircea_popescu: to make a push request so that the time on it shows he got in early to deserve dividends on PT
mircea_popescu: but also have already the dividends on MPEx
mircea_popescu: we'd have to keep clock sync for isntance.
jurov: O.o so i can't rely on the time??????
mircea_popescu: you can rely on time for mpex.
jurov: in the Dividend statjson part
mircea_popescu: can you rely on time for mpex matching havelock's server time ?!
mircea_popescu: no two computers are on the same clock
jurov: no i understood topace asking for a possibility to compare mpex-issued timestamps
mircea_popescu: o
jurov: one from STAT, the other one from push receipt
mircea_popescu: but his stat would necessarily be a little off the actual divtime
mircea_popescu: that interval would then be attackable.
jurov: not STAT timestamp. the dividends timestamp written in stat
thestringpuller: mircea_popescu: is that the call to put ratio?
mircea_popescu: thestringpuller ye
thestringpuller: whoa 64.9% puts?!?!?!?
mircea_popescu: jurov that may be workable
thestringpuller: i am scared for the next 3/4th of the month
mircea_popescu: which is why i say, i'll have this argued again
assbot: [HAVELOCK] [SDICE] 9 @ 0.31 = 2.79 BTC [+]
thestringpuller: !ticker h him
assbot: [HAVELOCK:HIM] 1D: 1.91900000 / 1.92266667 / 1.93000000 (6 shares, 11.53600000 BTC), 7D: 1.87000000 / 1.98205865 / 2.08000000 (104 shares, 206.13409996 BTC), 30D: 1.41000000 / 1.81361388 / 2.08000000 (720 shares, 1305.80199240 BTC)
mircea_popescu: jurov you'd also prefer timestamp on push receipts ?
jurov: no need to argue, if the push timestamp can be extracted from gpg signaature
jurov: i think it is supported, hence no problem
mircea_popescu: i don't recall that being a documented feature ;/
thestringpuller: you can get timestamps from gpg i think
thestringpuller: tells you time signes
thestringpuller: tells you time signed
mircea_popescu: there's a difference between "you can get" and "developer assures you it's workable"
jurov: gpg: Signature made Pi 5. apríl 2013, 21:17:58 CEST using DSA key ID CFE0F3E1
jurov: ^^^ just threw my recent DEPOSIT response into gpg
mircea_popescu: yeh
jurov: so the time is there
mircea_popescu: compare a stat's announced time with it's sigtime
thestringpuller: mircea_popescu what is attackable though? i would think risk is on the pt ooerator not mpex
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [+]
mircea_popescu: thestringpuller even so.
mircea_popescu: the argument was "allows us to develop cheaper".
mircea_popescu: guy down the road being massacred is no consolation to me.
thestringpuller: develop cheaper what?
mircea_popescu: everything.
mircea_popescu: stuff like the pushing around.
thestringpuller: but how so? to steal what?
mircea_popescu: get doubledivs.
mircea_popescu: ity's really the doublespend attack
thestringpuller: from mpex?!?
mircea_popescu: look.
assbot: [HAVELOCK] [SDICE] 10 @ 0.3008 = 3.008 BTC [-]
assbot: [HAVELOCK] [SDICE] 90 @ 0.3 = 27 BTC [-]
thestringpuller: explain like i am 4
mircea_popescu: whenever there's three entities moving payments on the internet there's this classical well documented problem of the doublespend.
mircea_popescu: that you'll have to read up on.
thestringpuller: i see
mircea_popescu: bitcoin solves it by the blockchain solution
mircea_popescu: mpex solves it by the "fu, all times are construed to our best advantage" solution
mircea_popescu: this is way cheaper than 50TH/s
mircea_popescu: also way faster than 10 minute blocks.
jurov: the sigtime is same (down to seconds) as the one in stat
mircea_popescu: jurov i'm impressed.
mircea_popescu: $mpexlag
mpexbot: mircea_popescu: 0.105636119843 seconds
mircea_popescu: meh, then again it would be.
taub: oo breakout soon
mircea_popescu: ;;ticker
gribble: BTCUSD ticker | Best bid: 143.90000, Best ask: 144.00000, Bid-ask spread: 0.10000, Last trade: 144.00000, 24 hour volume: 70257.63553139, 24 hour low: 130.24303, 24 hour high: 144.94000, 24 hour vwap: 138.22468
jurov: even if it would be a second or two apart, that is well inside requirement for this application
mircea_popescu: i'd be worried if it's anything other than a second anyway
mircea_popescu: "Hey @jimcramer can we set up a time to chat about Bitcoin? If your not convinced, I'll give you 5 BTC for free #Bitcoin #BitInstant"
mircea_popescu: shremspells.
mircea_popescu: "@maxkeiser 1h Despite state-orchestrated massive DDoS attacks on BTC exchanges this week; BTC inching up toward record high territory." jesus twitter is just like reddit
jurov: aka ganjix getting invited to CNBC
benkay: stop arguing with proles, dude
benkay: the proles*
benkay: for a nominally epic top you sure do enjoy exposing yourself to mental anguish
benkay: ;)
mircea_popescu: benkay max keiser is in particular a funny one. day before yest he was like, o, i predict, 300 dollars per btc.
mircea_popescu: i told him to stfu, he deleted that tweet, now he's
mircea_popescu: @maxkeiser 1h
mircea_popescu: My trade idea earlier in week of parking a few $150 priced BTC in Silver is paying off nicely.
pigeons: usagi got a twitter
mircea_popescu: is he leveraging the synergy ?
benkay: what does that mean, to park $150 priced BTC in silver?
benkay: convert btc to silver holdings?
jurov: bought usagis asset?
mircea_popescu: benkay that retrospectively, he sold some btc.
MJR_: lol maxkeiser and shrem, i saw those on twitter
MJR_: i am shooting for squawkbox
MJR_: rather than cramer
MJR_: better traders in the early morning
jurov: but rly, i'm looking forward to some high-profile blogger getting caught in nether parts of bitcoin "security" market
MJR_: cramer is for housewives etc
benkay: can't really say as I understand the value in paying much attention to the newly minted chattering classes on twitter, especially w/r/t high finance
benkay: don't know how much i care about people who buy and sell individual coins
MJR_: my philosophy is this
mircea_popescu: benkay but it's funny.
MJR_: one million people buying one coin = one million coins on the buy side
mircea_popescu: o look, it broke through or what was it ?
MJR_: we have to enjoy this volatility while it lasts, it won't be here much longer i think
mircea_popescu: MJR_ one woman's arm = 2lbs of sweet caress.
benkay: when i want funny, i go to the dog park and watch my dog hump other dogs
mircea_popescu: 2mn fireants = 2lbs of pure pain
MJR_: mircea_popescu: good point
benkay: it's doubly amusing because he's a pitbull and people get anxious
MJR_: not sure how it relates though...
mircea_popescu: nothing's more dangerous for a new issuance than a large number of clueless investors.
MJR_: well...i think if those people actually are worried about losing the ~150 then they aren't who i'm talking about
mircea_popescu: it's like putting a seedling through a sandblaster.
mircea_popescu: MJR_ OF COURSE THEY ARE
mircea_popescu: it;'s all they have
MJR_: i'm saying, "if you saw it on the news, if you are interested, just buy one and hold it a year at least"
MJR_: watch the ride, learn about it
MJR_: don't trade it, for the love of god
MJR_: just hold it
mircea_popescu: yea, because a. they listen and b. they even comprehend wtf the words you just say mean
jcpham: i give away $150 to my friends
jcpham: here, free money
jcpham: they say thanks
mircea_popescu: jcpham i only do that with women.
benkay: you don't give things away, mp
benkay: don't lie
MJR_: all i'm saying is that most of my friends could give two shits about 150
MJR_: but they do enjoy being "part of the story"
jcpham: all of the women i know are my wife's friends so i can't fuck them
benkay: i know oyour qpq
jcpham: so they get nothing!
MJR_: or being able to say "i was in that back when they were $150"
benkay: you can't sleep with your friends wives?
mircea_popescu: benkay o yea ? https://twitter.com/Mircea_Popescu/status/320175664927997953
mircea_popescu: what nao benkay ? what nao ? hm ? HUM ?
jcpham: working on it benkay
jcpham: may have to trade in for a newer model
assbot: [HAVELOCK] [SDICE] 5 @ 0.2893 = 1.4465 BTC [-]
benkay: mircea_popescu i see an exchange there
benkay: mircea_popescu no gift
mircea_popescu: no, it's me giving shit away
benkay: pretty sure your buying nudity
benkay: you're
mircea_popescu: im not buying it.
mircea_popescu: i'm sponsoring it.
benkay: hurr durr
mircea_popescu: she's not bad lookin' either.
benkay: you and i both know this is a dumb conversation, you gave me something of relatively significant value recently
mircea_popescu: yeah lol, but why not continue something dumb into the ground :D
benkay: since when have we not :)
MJR_: that IS how this became the best channel on free node
mircea_popescu: i was mostly trying to figure out if your mom told you. seems not. whew.
benkay: for an aristocrat you really scrape the barrel
mircea_popescu: i'm one of those perverse aristrocrats.
mircea_popescu: like the stupid guy in point-counterpoint
benkay: do you read Unqualified Reservations?
mircea_popescu: ocasionally
mircea_popescu: kinda served the guy, he never answered
benkay: ooh, care to link?
MJR_: for some reason, my friend loves max keiser
assbot: [HAVELOCK] [VTX] 2 @ 0.4448 = 0.8896 BTC [-]
MJR_: i think he may be trolling me
mircea_popescu: http://trilema.com/2013/stage-n-bitcoin-exists/
mircea_popescu: MJR_ nothing wrong with him as far as tv personalities go.