gribble: BTCUSD ticker | Best bid: 162.04000, Best ask: 162.70000, Bid-ask spread: 0.66000, Last trade: 162.00000, 24 hour volume: 55812.02397179, 24 hour low: 142.50000, 24 hour high: 162.90000, 24 hour vwap: 152.77611
assbot: [BTCTC] [BTC-TRADING-PT] 100 @ 0.1806 = 18.06 BTC [-]
assbot: [HAVELOCK] [HIM] 3 @ 1.93 = 5.79 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7827 BTC [+]
kakobrekla: >>We are not collecting any money here, this is an idea that will strictly use Bitcoins.
mircea_popescu: because "the people" can do anything they set their mind to.
benkay: what do you mean, mircea_popescu?
benkay: apologies if I'm late to the party...
benkay: who are you calling "the people"?
benkay: i'm reading that. are you talking about everyone in the thread? the individual proposing the thing? the followers?
mircea_popescu: "my full name is David Tenemaza Kramaley - you can look me up in the UK companies house as a registered director. I've been featured in the BBC, Business Insider, The Times, National Geographic, Radio 4, etc... I can proof all of this to serious investors."
jborkl: and he needs 100 bitcoins.cant afford that he should leave
mircea_popescu: Hello I am son of Prince which I can proof with 40 degree alcohol.
benkay: it's not a terribly bad idea, but i see what you mean about the individual.
mircea_popescu: We need to raise 105 BTC. Each 1.5 BTC buys 1 share in the new business. Max 25 Shares per investor.
jborkl: maybe he used some of that berechovka that was floating around last year
jborkl: lol good maf skills also
mircea_popescu: I'm here to propose a take over of www.bitcoingem.com together. I was made aware that this is the first chain game and by the looks of its traffic stats its pretty well established.
jborkl: someone should ipo all these shitty ideas.oh wait we already did that ...
benkay: this isn't an ipo scale thing
mircea_popescu: no listen to this : "Why do I think we can triple profits?
mircea_popescu: I ran a social games company on Facebook since 2008 to 2012; in the 5 years of operation I made many games. "
mircea_popescu: guy codes but wants to pay 10k for something I could probably werite myself
benkay: this is the kind of ad hoc business that is enabled by bitcoin
benkay: there is a remote possibilty the gentleman has done this thing before and sees an underutilized asset he can buy low and turn the volume up on.
benkay: with a recognized brand.
benkay: all he really has to do is buy ads
mircea_popescu: in that case he just makes a lowball offer, buys the site and goes on his way
Troic: I thought the gem thing was a freak novelty gizmo fad, I liked the bitcoin flower better :).
mircea_popescu: if his lowball offer is turned down he puts one guy on the project and has the site replicated by wednesday
benkay: but that's not what homeboy wants to do
mircea_popescu: practically, you gotta bring something to the table. if you allow this model where the homeboy wants you to pay for his acquisition
benkay: and a willingness to do it, and possibly a track record of having done it
benkay: oh sure but let's say theoretically
benkay: remote chance and all that
mircea_popescu: here's the problem : suppose i'm an investment fund. i have 10k btc.
mircea_popescu: 985 flounder, because they were in fact run by idiots, nigerians and uidiot nigerians.
mircea_popescu: the rermainder 14 will not be able to bring me 10001 btc in total.
benkay: i don't really think he's looking at an investment-caliber round
benkay: so you're saying that statistically he's likely to fail. also a thing anyone who puts money into companies should expect.
mircea_popescu: no, i'm not saying that statistically he's likel;y to fail
mircea_popescu: i am saying that the statistically expected benefit is degrees of magnitude under the statistically expected loss.
mircea_popescu: as in, a 1 in 1000 shot at making 10% on your investment, and a 999 in 1000 shot at 90% loss of cvapital.
benkay: if one invested in the idiots
benkay: but individuals beat the markets all the time by developing expertise
mircea_popescu: well, my expertise tells me this guy is lieing when he claims he had success.
benkay: worked in the presence of accidental success?
assbot: [MPEX] [S.MPOE] 16800 @ 0.00064551 = 10.8446 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00064501 = 0.8385 BTC [-]
assbot: [MPEX] [S.MPOE] 700 @ 0.00064063 = 0.4484 BTC [-]
benkay: individuals can learn a lot by seeing things happen. humans experience the world and evolce.
benkay: evolve*. not that many *do* obviously, but it happens.
benkay: a clean lens is not necessarily a requirement for success.
mircea_popescu: people who imagine they're being entrepreneurs and in general doods preocupied with posturing and maintaining apparences
benkay: but the individuals they mock look very similar to them.
benkay: i wish i could meet the guy
benkay: mostly because i'm trying to develop expertise in the evaluating of people thing
benkay: what sorts of things do you invest in, mircea_popescu?
assbot: [HAVELOCK] [SDICE] 1 @ 0.29 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.28 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.276 = 0.552 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.2716 = 0.8148 BTC [-]
benkay: ugh there is a video about him
gribble: BTCUSD ticker | Best bid: 164.10000, Best ask: 164.89994, Bid-ask spread: 0.79994, Last trade: 164.10000, 24 hour volume: 57855.56993253, 24 hour low: 142.51000, 24 hour high: 164.90000, 24 hour vwap: 153.31309
mjr___: and here i was being nervous about 164 call...
AndroUser: Learn to do the opposite of what you feel ;
MJR__: that's why I got the 164 calls in the first place...calls haven't let down so far
assbot: [HAVELOCK] [HIM] 1 @ 1.93 BTC [+]
AndroUser: Hence a strategy with calls, puts and holding in a combination that makes sense no matter what happens
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.2 = 0.6 BTC [+]
assbot: [BTCTC] [GSDPT] 14 @ 0.00338 = 0.0473 BTC [+]
MJR__: mircea_popescu: nice
thestringpuller: mircea_popescu: I feel as though you are an opponent to education because of the tendency for the young's reluctance to "listen"
mircea_popescu: i'm an opponent to free education, and also to nonviolent education.
mircea_popescu: if you only educate about half the kids, and beat the shit out of about half of those it works nicely.
thestringpuller: yes, you would use corporal punishment on individuals, they get 4 lashes everytime they tell you the integral of 2X is X^2 instead of X^2+C
mircea_popescu: they get dunked into the riever every time they say "I feel what the author really means"
jurov: bitcoin-central.net pretty much died.. spread 80-120 eur
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7827 BTC [+]
AndroUser: With orders close to mkt price cancelled
jurov: On Sunday, April 7th at 11:00PM CET/Paris Time, full trading will resume with the ability to create and cancel buy and sell orders.
jurov: so at least orders could be able to get placed now
AndroUser: Good night! We survived another day in bitcoin land
jurov: lol i'm actually in the same timezone.. just confused by summertime
gribble: There are currently 6231.4017 bitcoins offered at or under 179.99 USD, worth 1061300.05165 USD in total. | Data vintage: 0.0015 seconds
mjr___: its crazy to see all the tiny amounts of bitcoin i have left across the web
mjr___: different mining pools and exchanges
mjr___: i think they may need to lower the sending threshhold eventually
assbot: [HAVELOCK] [VTX] 2 @ 0.407 = 0.814 BTC [-]
assbot: [HAVELOCK:HIM] 1D: 1.82000000 / 1.84970968 / 1.93000000 (31 shares, 57.34100000 BTC), 7D: 1.82000000 / 1.90441977 / 2.06000000 (86 shares, 163.78010000 BTC), 30D: 1.41000000 / 1.85548093 / 2.08000000 (682 shares, 1265.43799220 BTC)
assbot: [HAVELOCK] [SDICE] 1 @ 0.30999999 BTC [+]
mjr___: i kinda wish you and vexare had continued in english
mjr___: it was starting to look interesting
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7888 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7889 = 4.7334 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.4 = 4 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.4 BTC [+]
assbot: [HAVELOCK] [VTX] 2 @ 0.40888888 = 0.8178 BTC [+]
mircea_popescu: english just doesn't deliver under the telling off rubric.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 63 @ 0.0042 = 0.2646 BTC [-]
jurov: mircea, deposits please :)
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent a bitcoin ... nowhere, really (0 AU).
jurov: it could have said something about sending bitcoins via quantum entanglement
jurov: yea it's not *so* urgent
jurov: ^^^ deep metaphysical discussion culminated by wisdom "for mating purposes, world population count doesn't matter"
jurov: and everything else is akin to mating anyway
dub: I say old chap. Down with this sort of thing!
mircea_popescu: Responsible department: Department for Culture, Media and Sport
dub: comes accross like your typical limey toff
dub: is that the forum/otc masturbator?
dub: I honestly cannot tell if he's a troll or not
btcc100: make up to 17x your bet, its easy, game
mjr___: its an interesting idea for a game
benkay: im only interested in one game
dub: I find browsing the net from american IPs quite unsettling
dub: the ad bubble has a palpable craziness to it
benkay: bubble of advertising companies?
dub: targeted advertising
dub: from my home space I get adds for international travel, hotels and insurance
dub: via US I get offers of 'shocking footage' about chinese gold hoarding, anit-obama liberal agenda shit and emergency supplies
dub: two anti-obama ads no less
mircea_popescu: in the 90s they were shockingly insane for the european mind
dub: this is for a website sample size of one admittedly
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7888 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.7889 = 3.1556 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.789 BTC [+]
assbot: Shit. You ain't even old enough to smoke.
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 109.52216404 / 136.8194837 / 153.12818005 (23843 shares, 5,904.78 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
mjr___: anyone know a good way to track bitcoin activity in kinda small areas
mjr___: specifically the dominican republic
assbot: [BTCTC] [B.YABMC] 1 @ 0.01797 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01797 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.017979 BTC [+]
dub: DR is a big kiddy sex tourism place, expect bitcoin to be popular
Troic: buy / bribe data from exchanges ?
mjr___: its just close to the US, and I have some family there
dub: surely Bruce Wagner has a network there, offer up somelittle boy butt
dub: its a popular place for the NANOG conf for above reasons
Bowjob: Oh wow. this picture won something
assbot: [BTCTC] [BITVPS] 1 @ 0.00151 BTC [-]
assbot: [BTCTC] [BITVPS] 2 @ 0.00151 = 0.003 BTC [-]
assbot: [BTCTC] [BITVPS] 500 @ 0.0015 = 0.75 BTC [-]
assbot: Quest for vision is a great blessing.
assbot: [BTCT:BITVPS] 1D: 0.00131 / 0.00153 / 0.0025 (521 shares, 0.8 BTC), 7D: 0.00131 / 0.00221 / 0.00637 (3082 shares, 6.8 BTC), 30D: 0.00131 / 0.00311 / 0.00689 (4682 shares, 14.6 BTC)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78997 BTC [+]
assbot: [MPEX] [S.MPOE] 5552 @ 0.0006474 = 3.5944 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.78997 = 7.8997 BTC [+]
assbot: [MPEX:S.MPOE] 1D: 0.00064063 / 0.00065874 / 0.00070715 (216398 shares, 142.55 BTC), 7D: 0.00059218 / 0.00067314 / 0.00071514 (1740073 shares, 1,171.32 BTC), 30D: 0.00059218 / 0.00069061 / 0.00077505 (8844010 shares, 6,107.81 BTC)
gribble: burnside was last seen in #bitcoin-assets 2 days, 2 hours, 18 minutes, and 23 seconds ago: <burnside> not sure what'cha mean. (286 remember.)
assbot: [BTCTC] [S.DICE-PT] 19 @ 0.0042 = 0.0798 BTC [-]
gribble: BTCUSD ticker | Best bid: 163.83639, Best ask: 163.89000, Bid-ask spread: 0.05361, Last trade: 163.89000, 24 hour volume: 60953.30417683, 24 hour low: 142.70000, 24 hour high: 164.90000, 24 hour vwap: 154.33445
ThickAsThieves: Just saw the author name on a Wordpress Plugin in one of my client's sites "Ciprian Popescu"
Bowjob: Ah, i didnt win anything from the rape contest. shoulda paid more attention to photoshop class lol
assbot: [BTCTC] [ASICMINER-PT] 30 @ 0.78997 = 23.6991 BTC [+]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009916 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.78997 = 1.5799 BTC [+]
assbot: [BTCTC] [BTC-BOND] 98 @ 0.01 = 0.98 BTC [+]
Namworld: It went down from 0.09 BTC daily to 0.06 daily in interest, about 1/3rd already bought back
Namworld: but with BTC price increase, that 0.06 is still 10 USD daily.
mircea_popescu: "Pachter thinks that could increase to 100 million nights "eventually"—at which point it could be generating $1 billion a year in revenues.
mircea_popescu: really business insider is the most ignorant piece of shit out there.
Namworld: Let's just say that the debt in USD value is already at 35k USD which I'd be quite hard pressed to be able to purchase that much in BTC. I have over half that in free BTC and much more in BTC assets however.
Namworld: Would just like to close a part of it before anything happens to my BTC investments. Better be safe than have to default if everything goes bust.
assbot: [MPEX] [S.DICE] 250 @ 0.00301846 = 0.7546 BTC [-]
thestringpuller: it's good for venue finding, but it's bubble-fied unfortunately
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.78997 BTC [+]
MJR_: genie is out of the bottle
MJR_: you can introduce FUD and price manipulations, but the idea is solid...scared people go back to fiat and we get more btc
gribble: BTCUSD ticker | Best bid: 185.50001, Best ask: 186.00000, Bid-ask spread: 0.49999, Last trade: 186.00000, 24 hour volume: 85340.97056825, 24 hour low: 147.01000, 24 hour high: 186.50000, 24 hour vwap: 163.95404
assbot: [BTCTC] [BITVPS] 2 @ 0.00101 = 0.002 BTC [-]
MJR_: but bgupta, my point was that there are fundamentals to back this up...actual bitcoin transactions for goods is up quite a bit, and we are just getting big enough to attract real attention from big fish, this is what i think happens today and this week...
bgupta: yeah I know, but last I heard "commerce" at least on the silk road side was like 12 million per month.. how much larger is other commerce..
ThickAsThieves: at this point sellers should be able to realize that selling into bids is dumb, people will obv pay any price
bgupta: guesin SR is becoming a smaller and smaller portion of market
troc: the $5M (bitpay) is not all that exciting, walletbit what are they turning over ?
MJR_: the $5 million from bitpay is exciting to me somewhat
MJR_: we will need services like that until bitcoin gets big enough to basically float its own supply chain
troc: in the context of a '2 billion' market cap ?
gribble: There are currently 1773.1748 bitcoins demanded at or over 177.0 USD, worth 319289.445178 USD in total. | Data vintage: 0.0053 seconds
mircea_popescu: i have no idea why people still reference sr when discussing bitcoin commerce.
gribble: There are currently 3867.5297 bitcoins demanded at or over 170.0 USD, worth 680880.802151 USD in total. | Data vintage: 7.4171 seconds
gribble: There are currently 3370.0377 bitcoins offered at or under 190.0 USD, worth 635943.092935 USD in total. | Data vintage: 20.7609 seconds
assbot: [MPEX] [S.DICE] 2000 @ 0.00301 = 6.02 BTC [+]
gribble: There are currently 9568.7331 bitcoins offered at or under 200.0 USD, worth 1852022.32504 USD in total. | Data vintage: 38.8006 seconds
MJR_: yes, but those numbers were not from a 2 billion dollar economy...they were from a <1 billion economy
MJR_: does no one remember where we started march?
MJR_: i know it moves quick...
bgupta: mircea_popescu: actually because it is mentioned quite a bit in press.. being more informed, what is the majority of the goods and services being exchanged via btc?
mircea_popescu: anyway, the confusion between "fiat value of M3" amnd "economy" is grave.
mircea_popescu: bitcoin economy is not worth x because total aggregate btc "would be".
assbot: [MPEX] [O.USD.C143T] 40 @ 0.275176 = 11.007 BTC [+]
gribble: There are currently 31401663 bitcoins demanded at or over 0.0 USD, worth 11542581.0758 USD in total. | Data vintage: 0.0106 seconds
mircea_popescu: bgupta ya but seriously, the press is horrible for information.
bgupta: graph of how people are "spending" btc?
mircea_popescu: meanwhile i would say the small things lost share and the larger things gained.
MJR_: japan makes it super easy to see what happens...yen multi-year low, nikkei up 2%
bgupta: so I guess the arguement is it can exist largely as an SoV?, as long as it's tradable into fiat, and other goods services?
bgupta: (Making sure I am taking away the correct message from post)
bgupta: That big slices are getting bigger
bgupta: and biggest slice at the time of writing was SoV?
MJR_: well that was my biggest point about a magic money machine, i would gladly throw all of my paychecks into btc and hold them, if i could spend them freely without worrying about ACH transfer times, etc
ThickAsThieves: its gold with all of the conveniences of e-transacting
MJR_: ThickAsThieves: ^^ THIS
punkman: why can't it just be bitcoin
punkman: all the analogies and metaphors are slightly tiring
gribble: There are currently 37404.385 bitcoins offered at or under 999999999.0 USD, worth 3021267941.74 USD in total. | Data vintage: 0.0018 seconds
mircea_popescu: punkman ya well... without words there's what ? faith ?
ThickAsThieves: there are roughly 37% less bitcoins for sale today than last week
punkman: mircea_popescu: of course, but how many times do we have to compare something to gold and fiat and whatnot
mircea_popescu: we're roughly in the situation where we're flooded with noobs. what's to do ;/
punkman: this is more directed to all the idiots writing about bitcoin, not ThickAsThieves
mircea_popescu: repeat history 101 and economics 101 tioll our heads fall off
ThickAsThieves: plenty of conversations in here can be a real chore to witness
bgupta: SO what is the difference between a violent upward correction and a bubble/ponzi?
assbot: [MPEX] [S.DICE] 500 @ 0.0028 = 1.4 BTC [-]
mircea_popescu: i submit the 3-6april 4 day interval qwould have killed a ponzi.
bgupta: was trying to figure out how to transfer most of my savings into btc (as SoV).. but decided if I just wait a few years, most of my assets will be in btc if I do nothing. (Not sure if that was clear)
mircea_popescu: most everybody spends fiat, saves btc, passively moving over.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7722 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7722 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7722 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.762 BTC [-]
bgupta: oh damn greshman's law is great.. never read it before.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.761 = 1.522 BTC [-]
MJR_: lol, people only reference it every day
mircea_popescu: see punkman, THIS is why. because people miss a spot shaving. it happens. it's what it is.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7606 BTC [-]
MJR_: i literally almost didn't mention it this time, because i figured everyone would be like "oh no, not gresham's law again, we all know asshole"
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.77 = 7.7 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.7605 = 6.084 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7605 = 1.521 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7944 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7944 = 1.5888 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.7605 = 7.605 BTC [-]
bgupta: well many of you guys have been in channel for months if not years.. I'm realatively new..
MJR_: mircea_popescu: what do you think of asicminer?
MJR_: bgupta: yeah, definitely not your fault
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7602 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7601 BTC [-]
bgupta: I am an engineer by profession, not economist.
MJR_: hehehe, that is part of the fun of bitcoins
MJR_: learning about the system of the world
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.761 = 3.805 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.76 = 4.56 BTC [-]
MJR_: mircea_popescu: i'm working on a blog... plan on juxtaposing the tower of babel with bitcoin...money as speech etc
mircea_popescu: the main concern is they made a really shitty set of chips which keep blowing up under load, after 100 hours or w/e, and are currently halfway through batch two because of this.
punkman: I know just enough to know I don't know shit
bgupta: I've heard of some of the example's like metal content exceeding face value and no matter what gov't laws go into place they will get scrapped.
MJR_: mircea_popescu: yeah, i like the business model, i'm working on an fpga design that should be more efficient, and can then do an avalon style chip maybe...as far as i have seen, the designs work, but that doesn't mean they are nearly on the level they could be
mircea_popescu: at the current price there;'s a fat paycheck to be eaten there.
mircea_popescu: (which is what i meant earlier. sov AND MINING grew lots)
BitHub: apparently bfl delivered to someone in australia?
MJR_: yes, true, and there will be another wave of hardware that makes current asics look like old fpga's...
BitHub: i was just talking to some guy on the phone
MJR_: hmmm...did this one have fans?
BitHub: apparently pre ordered 2 months ago
BitHub: i wasn't talking to him directly, my friend was talking to him for me heh
BitHub: hes off to bed but they're calling me tomorrow night
punkman: LTC is interesting, but it just took off on the back of BTC now
punkman: I like that a new altcoin is popping up every other week now
mircea_popescu: it will make the ltc bubble burst a lot more digestible.
BitHub: sorry i know i usually troll but im very serious about this one
BitHub: trying to get him to ask the guy to take a picture and send it
BitHub: it was just a random phone call 30mins ago
BitHub: cause my friend knows i'm into bitcoin and that
gribble: BTCUSD ticker | Best bid: 180.37700, Best ask: 182.70000, Bid-ask spread: 2.32300, Last trade: 180.00001, 24 hour volume: 85165.12407777, 24 hour low: 147.62000, 24 hour high: 186.50000, 24 hour vwap: 164.94921
MJR_: is hyacith the same as honeysuckle?
MJR_: guess it's not, i love those scents though
MJR_: those two and gardenia
mircea_popescu: honeysuckle is a bush, hyacinth is a bulb, early srping
EmDes: that cap punkman :PP
MJR_: cherry blossoms will be blooming soon...its one of my favorite times to enjoy nature
gribble: smickles was last seen in #bitcoin-assets 3 days, 18 hours, 56 minutes, and 15 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
gribble: BTCUSD ticker | Best bid: 182.04000, Best ask: 182.45899, Bid-ask spread: 0.41899, Last trade: 182.04000, 24 hour volume: 88143.75258705, 24 hour low: 148.01000, 24 hour high: 186.50000, 24 hour vwap: 165.56880
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.01 BTC [+]
assbot: [MPEX] [S.MPOE] 14110 @ 0.00065788 = 9.2827 BTC [+]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00065871 = 0.8563 BTC [+]
assbot: [MPEX] [S.MPOE] 640 @ 0.00065872 = 0.4216 BTC [+]
mircea_popescu: this is interesting. 500:1 implicit odds that bfl stops refunds.
ThickAsThieves: i'm surprised people arent accusing BFL of mining with theri chips instead of shipping
assbot: [MPEX] [S.MPOE] 700 @ 0.00065356 = 0.4575 BTC [-]
mircea_popescu: i guerss that clearly shows how much faith in the bfl chip there is.
gribble: Next difficulty estimate | 8931575.85222 based on data since last change | 8537297.41708 based on data for last three days
ThickAsThieves: at least 1 or 2 of Avalon/BFL/AM are mining on the side
punkman: you mean AM mining without paying dividends?
ThickAsThieves: and Avalon not shipping their unit til after they mine with them a few weeks
mircea_popescu: ThickAsThieves there was a dispute a few weeks ago about that
ThickAsThieves: and BFL not shipping at all til diff gets high enough for it to tip profit scale
mircea_popescu: people were incensed at my suggestion that users reporting dusted units delivered = premining with them
ThickAsThieves: none of the 3 have anyone to answer to, except maybe BFL
jurov: mircea_popescu you fag hater, hi :)
jurov: lol my ex-boss insists on shorting bitcoins
jurov: he was introduced to them just some month ago. but he knows for sure this is a bubble
Diablo-D3: jurov: you can only sell the ones you have
mircea_popescu: jurov i am sorry we don't process fairy bitcoins today
jurov: but he wanted somehow to do it without buying them at all
Diablo-D3: basically what ThickAsThieves said
jurov: but i'd really love to screw him
Diablo-D3: wait until the bubble pops and then buy in
gesell: jurov: support him. get him worked up about it. tell him "go for it! yeeeeah"
gesell: bring him a pitch fork
Diablo-D3: the bobble needs to pop before we can build a new stable floor
jurov: but he asked how. or is there a fool who wants to lend him btc?
assbot: [HAVELOCK] [HIM] 5 @ 1.93 = 9.65 BTC [+]
mircea_popescu: <BitHub> but no pop << that's because it's not a cherry.
gesell: it will end with him and bernanke eating a gallon tub of icecream watching cnbc together to cover their tears
Diablo-D3: jurov: well, he could take a bet up with mp
ThickAsThieves: jurov if you are so sure he's cray, sell him puts in fiat
jurov: yea, i think he'll end up as coinbr customer
jurov: he's ex-boss. no power anymore
jurov: and i think the bubble is industrial strength so far. unpoppable.
jurov: may just deflate a bit
gribble: A market order to sell 100000 bitcoins right now would net 9540076.0121 USD and would take the last price down to 35.0000 USD, resulting in an average price of 95.4008 USD/BTC. | Data vintage: 58.8457 seconds
BitHub: shhh, dont ruin the moment
mircea_popescu: btwm, anyone here won anything from raping that adria chick ?
ThickAsThieves: the worst thing about mp (and jurov, ukto, burnside, topace) is that they sleep
BitHub: 2 hours is all you need
jurov: well, if you know some azn i can entrust deposits to...
BitHub: and while you sleep you should have someone watching you sleep ready to wake you up for an emergency
jurov: better wait these few hours.
jurov: yes, asian. to be available while i sleep
jurov: should i troll you "i like thai boys"?
BitHub: why would you do that when there's vaginas?
BitHub: ass to mouth kind of relationship?
assbot: [MPEX] [S.MPOE] 660 @ 0.00065872 = 0.4348 BTC [+]
assbot: [MPEX] [S.MPOE] 2534 @ 0.00065873 = 1.6692 BTC [+]
jurov: coinbr deposits credited.
BitHub: i have a good one mircea id like to do
BitHub: its basicually a bunch of dinosaurs standing around looking at this huge big thing hurdling towards earth that's about to wipe them out, but instead a astroid its a very big bitcoin
Scrat: BitHub: im gonna steal your idea thanks
mircea_popescu: i like getting people to where they start stammering about how i'm a homophobe nigger hatin' rapist or something
troc: or a swine flue virus in the shape of bitcoin eating all the bankers/marketdroids
BitHub: i like how people completely forget who i am in about 1 year
BitHub: when most of the people are now old and sick and dying and thinking about their life, wont be a trace of me in it
jurov: isn't that nike shoes ad?
BitHub: so many things to say about that pic heh
jurov: like, wanna get a sprinter kid? wear 'em
BitHub: why isn't she wearing timberland boots?
BitHub: shit, that's someones daughter yo
MJR_: the problem with bubble predictors is that even if they are right, the market can remain irrational a lot longer than they can remain solvent
BitHub: mircea that guy looks more cock hungry than her
ThickAsThieves: uh oh, fat washed up comedians are pimping bitcoin now
gribble: BTCUSD ticker | Best bid: 182.90000, Best ask: 183.00000, Bid-ask spread: 0.10000, Last trade: 183.00000, 24 hour volume: 84257.09650220, 24 hour low: 151.44000, 24 hour high: 186.50000, 24 hour vwap: 167.63669
MJR_: they got pissed cuz they lose too much money betting against bitcoin
gribble: Error: Something in there wasn't a valid number.
BitHub: hehe its like he doesn't want to be there or something
BitHub: bitcoin made it on australian news tonight
ThickAsThieves: might actually pass sdice this year if evoorhees doesnt get crackalackin
MJR_: i heard asicminer passed sdice
assbot: [BTCT:ASICMINER-PT] 1D: 0.751 / 0.7817 / 0.795 (180 shares, 140.7 BTC), 7D: 0.683004 / 0.75853 / 0.795 (1507 shares, 1143.1 BTC), 30D: 0.59998 / 0.77718 / 0.973 (7755 shares, 6027.1 BTC)
assbot: [MPEX:S.DICE] 1D: 0.0028 / 0.00293838 / 0.00301847 (6753 shares, 19.84 BTC), 7D: 0.00276111 / 0.00318903 / 0.00400173 (534925 shares, 1,705.89 BTC), 30D: 0.00276111 / 0.00364232 / 0.006 (1637072 shares, 5,962.74 BTC)
assbot: [MPEX:S.MPOE] 1D: 0.00063322 / 0.0006534 / 0.00066633 (319604 shares, 208.83 BTC), 7D: 0.00059218 / 0.00067536 / 0.00071514 (1795331 shares, 1,212.51 BTC), 30D: 0.00059218 / 0.00068994 / 0.00077505 (9004112 shares, 6,212.38 BTC)
ThickAsThieves: now that erik is actually moved out of the US, I figure after a few weeks of loose women and mai tais, he'll have some developments for sdice
error4733: good ! because fiat value is now close to 40M$
MJR_: ThickAsThieves: that was my same theory
MJR_: ThickAsThieves: which is why i've held and think its a steal at its current price
error4733: yes, go first ! my bad, value S.dice is more than 52M$
mircea_popescu: ThickAsThieves that's a market opportunity for anyone with some entrepreneurial blood.
error4733: IPO set the price @3M$, tell me what in 3 month has change the "real" value of S.dcie
mircea_popescu: error4733 the fact that its space went from nothing to the talk of the town.
mircea_popescu: if i started a bar on manhattan which was just this island spending 3 mn
mircea_popescu: i mean, it's the same bar. not in the same space anymore.
mircea_popescu: personally i see a little more squandered oportunity in asicminer, but yeah
thestringpuller: mircea_popescu: ASICMINER will be surpassed by another mining company when as you said, "The real people arrive in bitcoin land"
ChaangNoi: did gox have lag for like 20 mins?
unbalanced_: My new waiting list position is now 15,280 (when I submitted 10 days ago, queue started at 6000).
mircea_popescu: unbalanced_ im not sure how far i'd trust those numbers.
mircea_popescu: <jurov> vags smell << my cock smells too. the odd part is teh girls love the scent.
jurov: yea they love vanilla
ThickAsThieves: i sold a bioshock infite / crysis 3 game code to him for 1 btc
punkman: "Our user count has increased from 7 to 15 and one of our users (a native Japanese speaker) has volunteered to help edit the Japanese dictionary." haha
jurov: ThickAsThieves, did you pack in a mining trojan?
jurov: tey prolly got trojaned by chinese anyway... that's why they draw so much
punkman: there are private investigators everywhere
ChaangNoi: im from the town bfl is operating in
ThickAsThieves: i suppose they wouldnt need to actually mine AT their office
MJR_: i don't carry a purse....
BitHub: i recieved the strangest phone call tonight
BitHub: about a bfl operating in australia
BitHub: i'm waiting for pics via sms
BitHub: my friend went out to the middle of nowhere to start this job and ran into a guy that's a "bitcoin miner"
assbot: [BTCTC] [BTC-BOND] 2 @ 0.01 = 0.02 BTC [+]
BitHub: i need to get 100% confirmation
BitHub: i've asked my mate to send me pics
BitHub: i cant believe it like how the fuck did this guy get a bfl?
BitHub: 2 x 120gh apparently, ordered 2 months ago
gribble: There are currently 10021.06 bitcoins offered at or under 200.0 USD, worth 1951263.57221 USD in total. | Data vintage: 87.7052 seconds
gribble: There are currently 37525.179 bitcoins offered at or under 99999999.0 USD, worth 419998515.287 USD in total. | Data vintage: 0.0072 seconds
ChaangNoi: this is madness BIIIITTTCOOOOIN!!!!
ThickAsThieves: the price is looking like its correlated to the amount of coins available for sale.
gribble: There are currently 31449915 bitcoins demanded at or over 0.0 USD, worth 11449403.9086 USD in total. | Data vintage: 12.0387 seconds
assbot: [MPEX] [O.USD.C155T] 4 @ 0.24413205 = 0.9765 BTC [+]
ThickAsThieves: i told myself i wouldnt buy any more calls til vwap hits 200
Namworld: the premium on options are so high I just can't go around to buying some
Namworld: I should have bought calls when price was around 120 tho...
assbot: [MPEX] [O.USD.C200T] 278 @ 0.12503255 = 34.759 BTC [+]
gribble: BTCUSD ticker | Best bid: 187.99000, Best ask: 190.00000, Bid-ask spread: 2.01000, Last trade: 190.00000, 24 hour volume: 86134.18904333, 24 hour low: 152.25000, 24 hour high: 191.00000, 24 hour vwap: 169.50989
Namworld: It's slow right? Not raising 10% every 15 minutes
Namworld: It's doubling every 1-2 weeks...
ThickAsThieves: my wife was talking about investing in this new restaurant, they want $3000, 36month, 8%APR
mircea_popescu: <Namworld> I should have bought calls when price was around 120 tho... << but you thought premium too high right ?
Namworld: yeah... then the price kept raising
Namworld: seriously... I lost a ton to shorting
mircea_popescu: fate of the mpoe bot. everyone thinks premiums are too high, tellingly nobody goes in the midmarket.
Namworld: Then I bought calls last month... got the BTC back
Namworld: Guess I should have done the same this month
gribble: Error: ";;ticker" is not a valid command.
gribble: BTCUSD ticker | Best bid: 189.00000, Best ask: 190.00000, Bid-ask spread: 1.00000, Last trade: 190.00000, 24 hour volume: 86134.18904333, 24 hour low: 152.25000, 24 hour high: 191.00000, 24 hour vwap: 169.50989
gribble: MtGox lag is 75.52478 seconds. During this time, light travels 0.151350813502 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
Namworld: Using gox... I mean, what is more lethal than gox?
Namworld: It's so slow you can die old waiting
Namworld: Make the staff have to make a transaction and wait for it to complete to return to work.
Namworld: Gox will fade out after some time.
MJR_: yeah, so far you can buy at bots market price, it usually works out
MJR_: Namworld: you are buying back bonds?
Namworld: If you want... I'm buying a part of it back.
Namworld: If you don't want to have them bought back, don't offer
MJR_: twas my favorite bond
MJR_: guess i'll dump into asicminer
Namworld: I'll start with volunteers and if I'm missing some I'll do a forced buyback.
Namworld: actually I don't think I can do a partial forced buyback... anyway
Diablo-D3: DeaDTerra: heh, too bad most people dont own starcraft 2
Namworld: I do... but I wouldn't play tournaments...
DeaDTerra: Well I think gamers and Bitcoin interest should coincide pretty well :)
DeaDTerra: It's just a sit and go, you jump in and play whenever you want and can leave anytime.
Namworld: I also have a hard time with RTS, but no problem with turn-based
DeaDTerra: If you win your group you are awarded some BTC, if not you can just play again with an ew group
Namworld: I can't keep up with fast multi-tasking
Diablo-D3: DeaDTerra: I think gamers should honestly quit.
Diablo-D3: Do something important with their lives instead of wasting time
Namworld: Become monks in the temple of Satoshi?
Namworld: Games are not a waste of time more than any other leisure activity... It's just entertainment.
Diablo-D3: No, become the body of Satoshi so that he may work through you.
gribble: Error: "200" is not a valid command.
gribble: MtGox lag is 0.019954 seconds. During this time, light travels 3.99875925839e-05 AU. You could have sent a bitcoin ... nowhere, really (0 AU).
gribble: There are currently 8269.9158 bitcoins offered at or under 200.0 USD, worth 1620932.97386 USD in total. | Data vintage: 0.0012 seconds
Diablo-D3: Namworld: one does not NEED entertainment
gribble: There are currently 6712.3312 bitcoins offered at or under 199.99 USD, worth 1309416.70044 USD in total. | Data vintage: 15.7117 seconds
Diablo-D3: We are only on Earth for a short time, why waste it doing dumb shit?
gesell: gaming is rather useful
gesell: flexes problem solving skills, creates a culture demanding achievments
gesell: if translated back (those skills) in a minor way to the real world this has some social impact
Diablo-D3: gesell: starcraft 2 is not one of those games.
gesell: the world is a thousand times better than people spend their time in WoW or SC2. every person playing games is one less watching tv. Games are not the most productive but at least they are paticipatory
deadweasel: better than tv, yes. that is not saying much.
Diablo-D3: gesell: they are not productive at all
gesell: entertainment is a prison
gesell: the type of entertainment is different
DeaDTerra: Gaming is a hobby, it's a entertainment but can also be a way to improve multitasking, micro management and coordination.
deadweasel: tv is makes you dumb and full of shit. games are interactively brain sucks.. :)
Diablo-D3: Did you know more "food" is grown in Farmville than in real life?
DeaDTerra: It's only a prison if you let it catch you
deadweasel: sorta like this room, only i learn stuff here.
punkman: I think TV helps me understand other people a lot
Diablo-D3: DeaDTerra: humans suck at multitasking
Diablo-D3: it should just not be performed at all
Diablo-D3: just focus on the task at hand until its done
deadweasel: tv helps you understand bullshit drama.
deadweasel: makes you crazy and bel;ieve crazy things
mircea_popescu: meanwhile in gaza strip : <chetty> Police in Hamas-ruled Gaza have started grabbing young men with long or gel-styled spiky hair off the streets, bundling them into jeeps, mocking them and shaving their heads.
ThickAsThieves: it can be argued there is no such thing as multitasking
mircea_popescu: i can tiotally see why the libertards are supporting palestine against israel.
Diablo-D3: mircea_popescu: supporting either is against Satoshi, really.
Diablo-D3: gesell: Ive already seen it, I dont subscribe to that belief
Diablo-D3: its just a bizarre subset of "practice makes perfect"
Diablo-D3: I don't know why more people don't free themselves from their prisons.
Diablo-D3: Let Satoshi work through you, the Savior, Lord, and King of Humanity.
gesell: Diablo-D3: so i agree with you then. i just would say that yes changing the addiction to gaming would be an improvment but the addiction to gaming is already an improvement from prior forms of entertainment
assbot: [MPEX] [S.DICE] 600 @ 0.00276111 = 1.6567 BTC [-]
Diablo-D3: gesell: yes, but we'd be better off to just ending all addicitons
assbot: [MPEX] [S.DICE] 125 @ 0.00276101 = 0.3451 BTC [-]
gesell: I dont know where you live but I'd be happier to see people spend less time addicted to entertainment sports on TV than gaming
gesell: nah, addictions will always exist
mircea_popescu: addiction fundamentally works on the pathways that allow you to fall in love.
deadweasel: gesell, yes, you're right they always exist
Diablo-D3: mircea_popescu: yes, but if you love Satoshi, then that is all the pathway massaging you need.
deadweasel: right now it's btc information. but i learn here.
punkman: "most of the really pleasant things in life are worth endlessly repeating."
Diablo-D3: mircea_popescu: then you are not a follower of Satoshi
mircea_popescu: punkman srsly, do we know you under a previous incarnation ?
punkman: various things in the works, not yet
assbot: [MPEX] [S.MPOE] 3000 @ 0.00065873 = 1.9762 BTC [+]
assbot: [BTCTC] [BTC-BOND] 120 @ 0.009933 = 1.192 BTC [-]
assbot: [MPEX] [S.MPOE] 3000 @ 0.00065356 = 1.9607 BTC [-]
gribble: There are currently 38628.507 bitcoins offered at or under 99999999.0 USD, worth 420248240.474 USD in total. | Data vintage: 0.0020 seconds
gribble: There are currently 31440065 bitcoins demanded at or over 0.0 USD, worth 11260061.3773 USD in total. | Data vintage: 12.8361 seconds
ThickAsThieves: so if coins avail affects price, along with bid dollar total, we should see a little plateau or dip right now
ChaangNoi: yeah but 21 million of them are my asks at .00001
gribble: There are currently 317488.65 bitcoins demanded at or over 1.0 USD, worth 11240718.5782 USD in total. | Data vintage: 113.9340 seconds
assbot: [BTCTC] [LTC-MINING] 1 @ 0.35 BTC [-]
jurov: a bit less meaningless
gribble: There are currently 201529.11 bitcoins demanded at or over 5.0 USD, worth 11005649.7257 USD in total. | Data vintage: 0.0124 seconds
gribble: Error: "vol" is not a valid command.
gribble: Error: "volume" is not a valid command.
gribble: Error: "depth" is not a valid command.
gribble: BTCUSD ticker | Best bid: 188.50004, Best ask: 188.90000, Bid-ask spread: 0.39996, Last trade: 188.50004, 24 hour volume: 88117.25656920, 24 hour low: 152.25000, 24 hour high: 191.00000, 24 hour vwap: 170.38540
assbot: [MPEX] [O.USD.C200T] 39 @ 0.12811778 = 4.9966 BTC [+]
gribble: There are currently 38550.022 bitcoins offered at or under 9999999.0 USD, worth 196430772.993 USD in total. | Data vintage: 56.0385 seconds
Guest31437: mircea - yes. MPOE let me know about this resource, figured I'd check it out.
assbot: [MPEX] [O.USD.C155T] 10 @ 0.24917244 = 2.4917 BTC [+]
kakobrekla: say something bad about devs so we get more cheap coins , quikcly
splnkr: unless they're magic devs, in which case you can use them to make a devstalk
gribble: There are currently 38837.418 bitcoins offered at or under 99999999.0 USD, worth 420348159.519 USD in total. | Data vintage: 0.0020 seconds
gribble: There are currently 31438380 bitcoins demanded at or over 0.0 USD, worth 11294377.3662 USD in total. | Data vintage: 5.7703 seconds
splnkr: if you're lucky, this devstalk will lead to untold riches; but there's a good chance there's also an angry giant up there waiting to crush you
splnkr: sounds basically like bitcoin, right? =P
mircea_popescu: actually, i think you'll like the bitcoin/fiat relationship one
thestringpuller: what is that supposed to mean popescu "A ponzi could not have survived april 3 through 7th"
mircea_popescu: well... trend trading tends to go bust when the trend leaves.
ThickAsThieves: i'm looking at correlation of bitcoins available to bitcoin value
gribble: There are currently 31438713 bitcoins demanded at or over 0.0 USD, worth 11320552.5806 USD in total. | Data vintage: 106.2635 seconds
gribble: There are currently 39373.803 bitcoins offered at or under 99999999.0 USD, worth 420456772.352 USD in total. | Data vintage: 114.6406 seconds
Namworld: I know plenty of people (including myself) are just holding to BTC, which reduce available BTC
Namworld: actually not true... I've been selling a bit
ThickAsThieves: til coins available comes down, or bid dollar total goes up
Namworld: But also tons of news about BTC and rising prices...
Namworld: I guess it's just attracting lots of capital
assbot: [BTCTC] [BITVPS] 1 @ 0.00247 BTC [+]
assbot: [MPEX] [O.USD.C161T] 12 @ 0.22895486 = 2.7475 BTC
assbot: [BTCTC] [S.MPOE-PT] 3 @ 0.000649 = 0.0019 BTC [+]
MJR_: its not too standard, but it is plenty codey
MJR_: so it all evens out...
Namworld: we're already almost at 200...
MJR_: maybe the price goes wherever he sets the highest option
Namworld: then again and again... and then maybe backward...
bit_nutz: anyone know if price to join mpex is still 30 btc? seems ridiculously high
ThickAsThieves: if you make opts up to 400, will you then go to $5 increments?
MJR_: go to coinbr...thats prob what you are looking for
bit_nutz: thanks MP. any plan to bring that down?
Namworld: It's never going to go down...
MJR_: bit_nutz: coinbr is the way to go
Namworld: No matter how high BTC price goes up.
MJR_: bit_nutz: it is a broker, while MPEX is an exchange...different models, i think you are looking for a few trades without a huge investmenet
MJR_: bit_nutz: if you need or want a referral code, hit me up
gribble: There are currently 39116.983 bitcoins offered at or under 9999999.0 USD, worth 196584826.522 USD in total. | Data vintage: 86.4966 seconds
bit_nutz: exactly, MJR, thank you very much. actually looking for both, but no way can i convince anyone to get in at that price
bVector: if anyone is looking to make some guaranteed money icbit is looking for market makers
gribble: There are currently 31431215 bitcoins demanded at or over 0.0 USD, worth 11320050.13 USD in total. | Data vintage: 97.7643 seconds
jurov: someone forgot to offer coinbr affiliate url ;)
bVector: contango is >$50 on their exchange
MJR_: damn you beating me to the punch lol
MJR_: his link is only for extra special traders...
MJR_: we are joking around, jurov runs coinbr
assbot: [MPEX] [O.USD.C188T] 25 @ 0.1535142 = 3.8379 BTC [+]
MJR_: and has a referral program, but that being said, its still the best option to trade on mpex without paying 30btc
bit_nutz: coinbr's seat itself starting to price in....just like one on the comex
MJR_: bit_nutz: you'll get twice the account management fees :( don't recommend that approach, also small fee to withdraw so deposit only what you plan to invest
jurov: the idea is not to use coinbr as wallet
MJR_: TBH, if the future goes the way I think it will, $6k for a seat on MPeX is chump change
bit_nutz: yeah unfortunately not much in the way of alternatives. i greatly appreciate the info so far. I will take a look at coinbr
MJR_: has anyone actually done the NYSE seat vs MPeX seat metric indicator?
MJR_: I honestly think that soon we will move past OMG its bitcoins
Namworld: idk, but I'm glad i got my MPEx account months ago
jurov: ThickAsThieves: once every week or two
MJR_: and people will just weigh going public on which one provides the best access to capital for the lowest fees...
gribble: MtGox lag is 76.902355 seconds. During this time, light travels 0.154111458378 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
gribble: BTCUSD ticker | Best bid: 188.90000, Best ask: 189.00000, Bid-ask spread: 0.10000, Last trade: 189.00000, 24 hour volume: 88206.66727086, 24 hour low: 152.25000, 24 hour high: 191.00000, 24 hour vwap: 170.78915
jcpham: it might have been a bubble last week
jcpham: now we're correcting to 4 digits
bVector: you cant define a bubble in the present
mircea_popescu: bVector i'm not sure who'd have the guts to MM someone else's service.
bVector: mircea_popescu: I know right? guy has been liquidating contracts below market value instead of MM himself
thestringpuller: mircea_popescu: will you have to adjust calls to 1000 soon?
mircea_popescu: bVector which seems suspect. i had an adventure mming it months ago
mircea_popescu: it didn't work too well, he got called out for it, fixed some stuff then
gribble: There are currently 3089.0012 bitcoins demanded at or over 180.0 USD, worth 566325.439336 USD in total. | Data vintage: 0.0049 seconds
gribble: There are currently 9862.9621 bitcoins offered at or under 200.0 USD, worth 1929350.42126 USD in total. | Data vintage: 10.2263 seconds
bVector: mircea_popescu: oh haha I had read that already, but I didnt notice it was from you
jurov: new coin* service: www.coinslut.com
jurov: ffuuuu expensive as hell
gribble: There are currently 39430.078 bitcoins offered at or under 99999999.0 USD, worth 420409427.646 USD in total. | Data vintage: 0.0021 seconds
mircea_popescu: twitter hottie : @Mircea_Popescu Yes. I don't want to see dude feet any more than I have to.
gribble: There are currently 31457697 bitcoins demanded at or over 0.0 USD, worth 11443716.5492 USD in total. | Data vintage: 13.4931 seconds
assbot: [MPEX] [S.DICE] 130 @ 0.00301846 = 0.3924 BTC [+]
MJR_: another imitator of buttcoin i suppose
gribble: BTCUSD ticker | Best bid: 190.98699, Best ask: 190.98700, Bid-ask spread: 0.00001, Last trade: 190.98700, 24 hour volume: 87974.69014358, 24 hour low: 152.25000, 24 hour high: 191.00000, 24 hour vwap: 171.11316
gribble: MtGox lag is 2.538403 seconds. During this time, light travels 0.00508693119062 AU. You could have sent a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
bVector: mircea_popescu: is there a better site with bitcoin futures?
mircea_popescu: bVector the jesse powell character is making something
bVector: is he known to be trusted? I haven't heard of him
gribble: BTCUSD ticker | Best bid: 192.20000, Best ask: 193.00000, Bid-ask spread: 0.80000, Last trade: 192.20000, 24 hour volume: 88061.73622108, 24 hour low: 152.25000, 24 hour high: 191.00000, 24 hour vwap: 171.14007
MJR_: has anything come of kraken yet? their website still had ipsum dolor text on it last i saw
gribble: BTCUSD ticker | Best bid: 192.99001, Best ask: 193.09998, Bid-ask spread: 0.10997, Last trade: 191.50000, 24 hour volume: 90183.15818362, 24 hour low: 152.25000, 24 hour high: 193.45000, 24 hour vwap: 171.75101
punkman: btcx.com which redirectis to ogrr.com
assbot: [BTCTC] [GSDPT] 220 @ 0.0029 = 0.638 BTC [-]
assbot: [BTCTC] [GSDPT] 210 @ 0.00286 = 0.6006 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+]
assbot: [MPEX] [O.USD.C188T] 6 @ 0.15614512 = 0.9369 BTC [+]
taub: that's a really slick looking site
gribble: BTCUSD ticker | Best bid: 194.50000, Best ask: 194.73000, Bid-ask spread: 0.23000, Last trade: 194.73000, 24 hour volume: 89843.21704685, 24 hour low: 152.25000, 24 hour high: 194.50002, 24 hour vwap: 172.12077
gribble: Error: "goxlaglag" is not a valid command.
gribble: There are currently 36581.849 bitcoins offered at or under 99999999.0 USD, worth 419801324.502 USD in total. | Data vintage: 164.9477 seconds
gribble: Error: Problem retrieving gox lag. Try again later.
gribble: There are currently 31464437 bitcoins demanded at or over 0.0 USD, worth 11366933.4495 USD in total. | Data vintage: 0.0111 seconds
gribble: MtGox lag is 58.739646 seconds. During this time, light travels 0.117713592902 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
gribble: Error: "avg" is not a valid command.
gribble: Error: "average" is not a valid command.
gribble: There are currently 15948.06 bitcoins offered at or under 300.0 USD, worth 3706948.78658 USD in total. | Data vintage: 0.0021 seconds
gribble: There are currently 3855.1291 bitcoins offered at or under 199.94 USD, worth 759220.047747 USD in total. | Data vintage: 10.5840 seconds
gribble: There are currently 0 bitcoins offered at or under 50.0 USD, worth 0.0 USD in total. | Data vintage: 14.8828 seconds
gribble: There are currently 0 bitcoins offered at or under 90.0 USD, worth 0.0 USD in total. | Data vintage: 23.6206 seconds
gribble: There are currently 0 bitcoins offered at or under 110.0 USD, worth 0.0 USD in total. | Data vintage: 27.8344 seconds
gribble: There are currently 0 bitcoins offered at or under 150.0 USD, worth 0.0 USD in total. | Data vintage: 33.5021 seconds
gribble: There are currently 18429.761 bitcoins demanded at or over 150.0 USD, worth 3051393.88302 USD in total. | Data vintage: 46.7858 seconds
gribble: There are currently 80504.919 bitcoins demanded at or over 50.0 USD, worth 8958437.24309 USD in total. | Data vintage: 68.8759 seconds
gribble: There are currently 105045.26 bitcoins demanded at or over 30.0 USD, worth 9923771.06027 USD in total. | Data vintage: 88.2456 seconds
assbot: [MPEX] [O.USD.C200T] 70 @ 0.13203322 = 9.2423 BTC [+]
lippoper: I don't really understand the options at all ;-(
lippoper: is there a FAQ for like 4 year olds?
MJR_: zomgwtfninjabbq: what up!
ThickAsThieves: its kinda suspicious that gox and bitcoincharts lag out at the same time
mpexbot: thestringpuller: An error has occurred and has been logged. Please contact this bot's administrator for more information.
gribble: Error: Failed to retrieve data. Try again later.
gribble: Error: "goxlags" is not a valid command.
gribble: MtGox lag is 357.72889 seconds. During this time, light travels 0.716884690228 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
gribble: MtGox lag is 360.213922 seconds. During this time, light travels 0.721864666532 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
gribble: MtGox lag is 14.881836 seconds. During this time, light travels 0.0298230327187 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
gribble: BTCUSD ticker | Best bid: 192.07865, Best ask: 193.99900, Bid-ask spread: 1.92035, Last trade: 190.00000, 24 hour volume: 90533.62221495, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 172.38382
assbot: [BTCTC] [BITVPS] 1 @ 0.00247 BTC [+]
assbot: [BTCTC] [BITVPS] 3 @ 0.00248 = 0.0074 BTC [+]
MJR_: ;;calc 0.43325828 * 172
gesell: ThickAsThieves: as i remember, mtgox sponsors bitcoincharts hosting so not so odd i guess that they would experiance similar uptimes
mircea_popescu: zomgwtfninjabbq hm actually you have a point, 5 tons for 16k is cheapo
zomgwtfninjabbq: those guys should be millionaries if they can move the product lol
gribble: smickles was last seen in #bitcoin-assets 3 days, 23 hours, 33 minutes, and 10 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
gribble: KRS1 was last seen in #bitcoin-assets 1 day, 0 hours, 13 minutes, and 16 seconds ago: <KRS1> then unF unF unF all night long buttsecks
assbot: [BTCTC] [BASIC-MINING] 5 @ 0.4 = 2 BTC [+]
jcpham: GO AWAY NO SECUITIES HERE gp5st
jcpham: i saw what coingenuity said
gp5st: yes, i don't expect to be anonomous on here
gp5st: i'm just curious why you're sending me away before i even said anything
gribble: MtGox lag is 530.31955 seconds. During this time, light travels 1.06275444045 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
lippoper: There are no sell orders in mtgox LMAO
assbot: [MPEX] [O.USD.C167T] 12 @ 0.21687369 = 2.6025 BTC
gribble: BTCUSD ticker | Best bid: 185.00000, Best ask: 188.00000, Bid-ask spread: 3.00000, Last trade: 188.00000, 24 hour volume: 90533.62221495, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 172.38382
taub: trading with this lag is so risky...
gribble: MtGox lag is 547.256203 seconds. During this time, light travels 1.09669530343 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
MJR_: its hilarious is what it is
lippoper: on btc-e.com last night, someone sold and bought a btc for 1 euro, fat finger typo, brought the price down temporarily
MJR_: watch spread hit $10, people hitting both bid and ask...cuz limit orders are too l33t
taub: with limit you risk getting your order in in 10 minutes and price being way somewhere else already
taub: and not getting a fill, with market order the same, getting a fill when you DONT want it hah
gp5st: jcpham: no worries:)
MJR_: well...good point...same risk with market
MJR_: but at least i know what price i would get with limit
MJR_: dude the book is so flat right now
gribble: BTCUSD ticker | Best bid: 189.00000, Best ask: 189.09253, Bid-ask spread: 0.09253, Last trade: 189.09253, 24 hour volume: 90533.62221495, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 172.38382
gribble: There are currently 31464316 bitcoins demanded at or over 0.0 USD, worth 10965315.338 USD in total. | Data vintage: 55.2956 seconds
gribble: There are currently 0 bitcoins demanded at or over 190.0 USD, worth 0.0 USD in total. | Data vintage: 68.5139 seconds
gribble: There are currently 0 bitcoins demanded at or over 189.0 USD, worth 0.0 USD in total. | Data vintage: 77.1948 seconds
gribble: There are currently 0 bitcoins demanded at or over 188.0 USD, worth 0.0 USD in total. | Data vintage: 88.2749 seconds
gribble: There are currently 38611.831 bitcoins offered at or under 99999999999.0 USD, worth 124133572427.0 USD in total. | Data vintage: 92.3664 seconds
gribble: There are currently 0 bitcoins offered at or under 188.0 USD, worth 0.0 USD in total. | Data vintage: 97.7439 seconds
gribble: There are currently 0 bitcoins offered at or under 185.0 USD, worth 0.0 USD in total. | Data vintage: 110.1619 seconds
gribble: There are currently 59.464252 bitcoins demanded at or over 185.0 USD, worth 11003.0167388 USD in total. | Data vintage: 113.8411 seconds
gribble: krs-1 was last seen in #bitcoin-assets 3 days, 1 hour, 5 minutes, and 20 seconds ago: <KRS-1> you should use haskell
MJR_: damn the 194 bubble popped
MJR_: we're only at 188 now :(
assbot: [HAVELOCK] [VTX] 2 @ 0.3102 = 0.6204 BTC [+]
taub: as long as 180 holds
gribble: BTCUSD ticker | Best bid: 183.94810, Best ask: 184.00000, Bid-ask spread: 0.05190, Last trade: 184.00000, 24 hour volume: 90533.62221495, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 172.38382
error4733: now way maybe a big correction to 150 ?
gribble: MtGox lag is 626.757022 seconds. During this time, light travels 1.25601405457 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
jurov: Mt. Gox verification queue: 15500
MJR_: geez that would be nice
gribble: MtGox lag is 723.534724 seconds. During this time, light travels 1.4499554858 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU).
troc: they claim 21 employess will/are processing that queue
troc: how long does it take to actually verify a jpg do some data input ?
troc: do they actually do a proper authenticity check from some one in say uruguay ?
assbot: [BTCTC] [LTC-MINING] 1 @ 0.25001 BTC [-]
troc: document authenticity*
jurov: can't imagine... they would annoy all emmassies in tokyo
mircea_popescu: the ability to verify arbitrary worldwide identity documents costs more than the entire bitcoin implicit mkt cap
assbot: [BTCTC] [LTC-MINING] 10 @ 0.25 = 2.5 BTC [-]
troc: so this AML/KYC is a tick box excercise ?
troc: they have the data just in case
assbot: [BTCTC] [LTC-MINING] 16 @ 0.24 = 3.84 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.89 BTC [-]
mircea_popescu: aml/kyc exists so administration can claim "it's bank's fault" no matter what.
mircea_popescu: bank accepts this because it's nationalised anyway, not owned by someone to tell administration to get bent.
assbot: [HAVELOCK] [VTX] 1 @ 0.3102 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.12 BTC [+]
assbot: [BTCTC] [COGNITIVE] 32 @ 0.119 = 3.808 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 34 @ 0.0038 = 0.1292 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00336 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.003222 = 0.0322 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 28 @ 0.003221 = 0.0902 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 27 @ 0.00321 = 0.0867 BTC [-]
gribble: There are currently 31463914 bitcoins demanded at or over 0.0 USD, worth 11289394.0852 USD in total. | Data vintage: 0.0106 seconds
gribble: There are currently 42369.685 bitcoins offered at or under 999999999.0 USD, worth 3024365298.1 USD in total. | Data vintage: 0.4389 seconds
MJR_: what was that second order volatility instrument jurov?
MJR_: volatility of volatility
jurov: but, as i said, it may be unusable
MJR_: yeah...we'll see, worth looking at
MJR_: could be good with a short straddle
jurov: plus, ukto asks 10% fee on them
MJR_: its mpoe bond pass through?
MJR_: that is a measure of volatility?
jurov: if there's very high volatility, bonds lose
jurov: if there's medium volatility, they are more profitable
MJR_: yeah, its a pseudo measure
jurov: so yeah it's nontrivial
mircea_popescu: yeah, i'd say high volatility increases their risk to either lose a lot or make a lot,.
MJR_: but it doesn't really do well for directional choices
MJR_: that is true...a strong downward pressure could prob make a ton right now
jurov: alternatively, you can do second order for difficulty
MJR_: i guess what i was thinking was an option on a straddle...
jurov: if you dare to price something like that...
gribble: BTCUSD ticker | Best bid: 180.99000, Best ask: 181.00000, Bid-ask spread: 0.01000, Last trade: 181.00000, 24 hour volume: 93351.05877440, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 173.59011
ThickAsThieves: considering the wallet has received 1.307 total, the man made a big impact
TomServo: heh, 'moment of weakness'. Yes, I'm sure it was fleeting.
pgp: what about implied volatility on MPOE options?
pgp: is their some sort of measure?
pgp: not really - wouldn't work that way...
thestringpuller: jurov: doesn't mpoe take in a volatility greek in it's pricing
gribble: BTCUSD ticker | Best bid: 180.10000, Best ask: 181.76618, Bid-ask spread: 1.66618, Last trade: 180.10000, 24 hour volume: 93351.05877440, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 173.59011
jurov: thestringpuller: how would i know?
pgp: and we're talking about the implied volatility on the 24 hour average...
mpexbot: ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information.
MJR_: SOCGen analyst using tulip analogy
jurov: but i don't know the formula. mp has his properietary one, smickles didn't release it too
jurov: it is certainly derived from greeks
assbot: [BTCTC] [PAJKA.BOND] 50 @ 0.1 = 5 BTC [-]
gribble: BTCUSD ticker | Best bid: 175.00000, Best ask: 176.00000, Bid-ask spread: 1.00000, Last trade: 175.00000, 24 hour volume: 97038.53628561, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 174.54363
lippoper: let me know when you're all done watching it
gribble: There are currently 45540.708 bitcoins offered at or under 999999999999.0 USD, worth 1.42184431699e+12 USD in total. | Data vintage: 0.0295 seconds
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+]
ThickAsThieves: still possibly 5000+ coins that might be sold into bids
gribble: A market order to sell 5000 bitcoins right now would net 836963.8067 USD and would take the last price down to 161.0000 USD, resulting in an average price of 167.3928 USD/BTC. | Data vintage: 32.2451 seconds
gribble: A market order to buy 5000 bitcoins right now would take 922755.3103 USD and would take the last price up to 193.9201 USD, resulting in an average price of 184.5511 USD/BTC. | Data vintage: 62.1115 seconds
Scrat: gox sucking major dick again
gribble: MtGox lag is 113.779906 seconds. During this time, light travels 0.228013657681 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
lippoper: with this coxlag, it's too late
lippoper: by the time i get the sell in, it'll be at the lowest
Scrat: it appears that legit customers are ddos'ing the poor engine again
gribble: MtGox lag is 147.167236 seconds. During this time, light travels 0.294921493178 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
gribble: BTCUSD ticker | Best bid: 173.00000, Best ask: 173.50000, Bid-ask spread: 0.50000, Last trade: 172.16000, 24 hour volume: 97038.53628561, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 174.54363
pgp: watching life in slow motion
mpexbot: lippoper: An error has occurred and has been logged. Please contact this bot's administrator for more information.
gribble: There are currently 46302.391 bitcoins offered at or under 9999999.0 USD, worth 197897107.999 USD in total. | Data vintage: 64.0835 seconds
lippoper: you figured that from the asks just now?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.789 BTC [+]
lippoper: i knew i should've sold at 181, to buy back now
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.789 BTC [+]
gribble: There are currently 31360932 bitcoins demanded at or over 0.0 USD, worth 10408947.2577 USD in total. | Data vintage: 0.0105 seconds
lippoper: but that's due to the price drop
kakobrekla: they tend not to happen over the weekend latley
lippoper: thought it was calculating 31360932 * 173 vs 31360932 * 185
lippoper: just some dudes looking to make a quick buck
gribble: A market order to sell 5000 bitcoins right now would net 829476.2546 USD and would take the last price down to 160.3793 USD, resulting in an average price of 165.8953 USD/BTC. | Data vintage: 0.0005 seconds
gribble: A market order to buy 5000 bitcoins right now would take 929727.7045 USD and would take the last price up to 193.9201 USD, resulting in an average price of 185.9455 USD/BTC. | Data vintage: 23.6669 seconds
lippoper: you sell that for $829,476 and buy back lower when others panic sell.
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation:
http://gribble.sourceforge.net/ taub: I think it's plausable that mtgox fakes lag
taub: to help them time the market and make big profits themselves
gribble: Error: '829,476' is not a valid floating point number.
taub: they could look x mins into the future
gribble: A market order to buy 829476.0000 USD worth of bitcoins right now would buy 4482.4317 bitcoins and would take the last price up to 192.0000 USD, resulting in an average price of 185.0504 USD/BTC. | Data vintage: 0.0003 seconds
MJR_: already coming back
gribble: BTCUSD ticker | Best bid: 176.00000, Best ask: 178.90000, Bid-ask spread: 2.90000, Last trade: 178.90000, 24 hour volume: 97038.53628561, 24 hour low: 152.25000, 24 hour high: 194.90000, 24 hour vwap: 174.54363
gribble: (obip <width>) -- Calculate the "order book implied price", by finding the weighted average price of coins <width> BTC up and down from the spread.
gribble: Error: '165-195' is not a valid floating point number.
gribble: Current Blocks: 230317 | Current Difficulty: 7672999.920164138 | Next Difficulty At Block: 231839 | Next Difficulty In: 1522 blocks | Next Difficulty In About: 1 week, 1 day, 21 hours, 36 minutes, and 50 seconds | Next Difficulty Estimate: 8894294.12027 | Estimated Percent Change: 15.91678
gribble: (obip <width>) -- Calculate the "order book implied price", by finding the weighted average price of coins <width> BTC up and down from the spread.
assbot: [BTCTC] [BTC-BOND] 15 @ 0.00995 = 0.1493 BTC [+]
gribble: The weighted average price of BTC, 165.0 coins up and down from the spread, is 175.78545 USD. | Data vintage: 102.6372 seconds
gribble: The weighted average price of BTC, 9999.0 coins up and down from the spread, is 176.23661 USD. | Data vintage: 110.7134 seconds
benkay: bitcoin-qt is a goddamn resource hog.
gribble: Error: The width provided extends past the edge of the order book. Please use a smaller width.
gribble: There are currently 45919.694 bitcoins offered at or under 99999999999.0 USD, worth 124134955395.0 USD in total. | Data vintage: 14.5671 seconds
gribble: The weighted average price of BTC, 45919.0 coins up and down from the spread, is 596185.33923 USD. | Data vintage: 22.1521 seconds
gribble: The weighted average price of BTC, 6.0 coins up and down from the spread, is 176.99167 USD. | Data vintage: 42.9386 seconds
taub: yea lol that doesnt mean aynthing
gribble: The weighted average price of BTC, 1.0 coins up and down from the spread, is 177.00000 USD. | Data vintage: 60.2608 seconds
taub: but the ratio of all btc offered / usd offered went from 299 to 240 during this dip
ThickAsThieves: so i think what we're seeing is, an initial run up from lack of coins on the market over the weekend, then everyone scrambling to get coins into gox this morning, then selling
MJR_: ThickAsThieves; makes sense
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10289 BTC [+]
jurov: butbutbut it's climbing again
ThickAsThieves: only reason it wouldnt dip that low is if sellers hold out and cause a nother dip later
ThickAsThieves: let bids build back up to 185 or so, then sell off again
benkay: how is it prudent for someone to sell these notionally-valued strings?
ThickAsThieves: well, for the past 3 months, its remained quite true that waiting to sell is prudent, no?
benkay: yeah but who cares about the past three months
benkay: this is disruptive fintech
pgp: disruptive fintech... i like the sound of that
benkay: i'm just expressing disbelief at the sheer volume of idiots in the world
Skarr: I'm guessing we now have our range, 172-194. And we'll see a symmetric wedge develop within that, centered around the 183 price point, while another day of consolidation around this new price point occurs. Then the next leg-up.
pgp: it is startling to see how quickly it's moving up... $500 ain't so far away anymore...
Skarr: ThickAsThieves - I'd agree fully your theory is what kick-started the run/sell-off.
deadweasel: weeeeeeeeeeeeeeeeee! price coaster! :D
pgp: It is also true that much of the liquidity dynamics has to do with mt gox back office operations....
ThickAsThieves: if you think about, you can call sellers and buyers idiots
lippoper: at this rate, in another month, it'll be $500
benkay: us "buyers" need a decent place to store value
benkay: it literally does not matter at which price we put accrued value into the lockbox
lippoper: there are 2 types of buyers at least
lippoper: 1 that is a consumer, actually exchanging USD to BTC to use it.
benkay: everyone who wants to preserve capital
lippoper: and 2 an investor type, who hoards it to sell later.
gribble: MtGox lag is 143.77873 seconds. During this time, light travels 0.288130965093 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
mircea_popescu: if anyone's curious, i'm adding gox to the suspected scam list.
benkay: why can nobody run a business?
benkay: how does one trip and fall into a ponzi scheme?
benkay: i just want to work with grownups
MJR_: bitcoin can get a little too "lord of the flies" huh?
benkay: mircea_popescu does spend a disturbingly large amount of time talking shit, yes MJR
MJR_: look around...they are chasing piggy over there...scared of some monster
MJR_: fighting over a conch (is that the foundation, gavin, luke jr etc?)
MJR_: surprisingly apt for a flippant remark
benkay: symbols over real things
benkay: world has problem with this
benkay: idiots have a problem with this. confusing real things for the symbols.
benkay: and there are giant scads of idiots in the world.
MJR_: benkay: there is a lot to talk shit about...mircea calls a spade a spade...better to fix it than to be polite to it
benkay: i just like poking at him, mjr
ThickAsThieves: if you are right, isnt this the equivalent of a draining hot wallet
benkay: it's how i pretend i matter
MJR_: benkay: you matter, everyone here who is so entertaining and educational matters
benkay: you flatter me, and that triggers alarm bells.
MJR_: guys...are you watching the price? we are climbing back up right now
ThickAsThieves: i guess they dont even need to be using fake btc to manipulate price at this point
MJR_: this is vega as fuck
MJR_: this is like vega from street fighter II
MJR_: note to self: super hero cartoon tv show based on greek options symbols
ThickAsThieves: my brother "Oh, and I sold a Skylander for $60. Bought it for $20, so screw your damn coins!"
ThickAsThieves: is anyone really any more trustworthy than Gox though?
ThickAsThieves: not saying they are trustworthy, so much as, is anyone?
ThickAsThieves: if majority market traffic moves to bitinstant, then they have same incentive to deceive
benkay: it's the worst business
benkay: it will attract the dumbest players
benkay: someone should fix that.
jurov: Ukto. He runs weexchange
lippoper: can't i just sell bitcoins to wells fargo?
gribble: krs1 was last seen in #bitcoin-assets 1 day, 2 hours, 5 minutes, and 15 seconds ago: <KRS1> then unF unF unF all night long buttsecks
ThickAsThieves: so MP, instead of losing XX,XXX btc on options due to being Gox'd, tighten the algo, and use the money to show em how its done
benkay: yeah mircea_popescu distract yourself from the exchange
benkay: the actual important part of the ecosystem
gribble: BTCUSD ticker | Best bid: 180.28900, Best ask: 186.10000, Bid-ask spread: 5.81100, Last trade: 186.10000, 24 hour volume: 100099.75681545, 24 hour low: 155.00000, 24 hour high: 194.90000, 24 hour vwap: 176.22978
benkay: banks should take over exchange biz in the US.
lippoper: we're trying to be decentralized
lippoper: but yeah, it would be nice if we could exchange money there for fiat
jurov: banks need to figure out how to do it profitably
benkay: it's shifting bits around
benkay: there is zero cost to it
jurov: if they ask huge fees, street competition would spring immediately
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.25103 BTC [-]
Scrat: shifting non reversible bits
mircea_popescu: what the fuck!?! use hashes for transmitting and saving passwords!!!!"
benkay: shit should be a fucking account feature
jurov: it's not like credit cards where you can;t legally compete with them
assbot: [BTCTC] [ESECURITYSABTC] 5 @ 0.25102 = 1.2551 BTC [-]
benkay: i hate everyone who doesn't spend money on it
benkay: nobody seems to understand that 2 nerds and 50k of server equipment will trash your competitors, if properly managed
benkay: and venture capitalists are obsessed with new businesses
benkay: not breaking old businesses
benkay: and i get that, but at the same time i break things all day every day
mircea_popescu: <benkay> nobody seems to understand that 2 nerds and 50k of server equipment will trash your competitors, if properly managed << i understand lol.
benkay: i have seen the damage that non technical managers can wreak on a team
ThickAsThieves: all i'm saying is banks never really caught up with tech
benkay: i actually like team dynamics, which makes me a weird nerd.
gribble: There are currently 46992.924 bitcoins offered at or under 999999999.0 USD, worth 3025256372.08 USD in total. | Data vintage: 78.1869 seconds
benkay: mircea_popescu you built a 50m fiat-valued company in less than3 years
benkay: i'm not exactly including you in the idiot bucket
benkay: also you're like a gangster or something terrifying
jurov: it's traditional thing. around here it is better, everything done electronically, in some banks you can send money using internet instantly anytime to other account in same bank
jurov: but still, interbank transfer, 1 day
jurov: maybe next day if they send it in the morning
benkay: automate all of these things
benkay: release yourself of the burden of wage slaves
benkay: and the hr overhead to rule them
gribble: A market order to sell 1000 bitcoins right now would net 179856.6021 USD and would take the last price down to 178.0000 USD, resulting in an average price of 179.8566 USD/BTC. | Data vintage: 16.5092 seconds
lippoper: so do you guys think the price will crash before the 10th, that's when they discontinue the Mt.Gox redeemable codes.
gribble: A market order to sell 2000 bitcoins right now would net 356703.9257 USD and would take the last price down to 175.5200 USD, resulting in an average price of 178.3520 USD/BTC. | Data vintage: 28.5843 seconds
jurov: benkay consider that even mpex/coinbr deposits aren't automated
benkay: yeah that was a foolish statement
jurov: and after that recent fork i'm not rushing to do sth
benkay: funds go to rewriting hairball
lippoper: just considering that there's still a huge queue to withdraw money
lippoper: isn't there a chance a lot of people will transfer their BTC's out and find another way to exchange?
jurov: that if gox will allow much btc to be withdrawn.
lippoper: it's the only way to withdraw money if you're not verified
jurov: you didn't read the article?
jurov: they now fuss with btc withdrawal, too
benkay: i tell my friends to not use gox
benkay: eat the higher fees elsewhere
benkay: experience some modicum of safety
benkay: generally, avoid single points of failure in your personal financial infrastructure
assbot: [HAVELOCK] [VTX] 10 @ 0.3102 = 3.102 BTC [+]
benkay: one can however reduce risk
lippoper: one of these days when btc is worth $400/each i'll bet it all on satoshi dice
lippoper: either come out richer or empty handed.
benkay: just go to a real casino
benkay: at least they have prostitutes
assbot: [HAVELOCK] [VTX] 1 @ 0.31 BTC [-]
gribble: There are currently 48196.751 bitcoins offered at or under 9999999999.0 USD, worth 14035802498.9 USD in total. | Data vintage: 4.5039 seconds
benkay: there's no difference between someone who says i will take your money and someone who says i will take your money
lippoper: a 98% chance of winning 1.004x return seems like a good bet
benkay: no matter the statistical whatever
lippoper: ok, please give me an example right now of an educated play
benkay: (the bettors are odder)
benkay: a company that aggregates signed receipts for bitcoin purchases and publishes trust ratings for merchants
benkay: a contract killing outfit
lippoper: you gave a very risky business idea and an illegal one.
benkay: you obviously don't have the chops to make those plays thenm
lippoper: Might as well be a day trader ;-)
benkay: may as well put it all on red
gribble: MtGox lag is 46.885324 seconds. During this time, light travels 0.0939576643418 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
gribble: Error: "bet" is not a valid command.
gribble: Error: "roll" is not a valid command.
benkay: here's another easy, legal educated play
gribble: (genprob <hashrate> <interval> [<difficulty>]) -- Calculate probability to generate a block using <hashrate> Mhps, in <interval> seconds, at current difficulty. If optional <difficulty> argument is provided, probability is for supplied difficulty. To provide the <interval> argument, a nested 'elapsed' command may be helpful.
gribble: The probability to generate a block at 2200.0 Mhps within 1 second, given difficulty of 7672999.92016, is 6.67571229407e-08
benkay: okay philosophical question, why is gambling fun?
gribble: The probability to generate a block at 22000000.0 Mhps within 1 hour, 40 minutes, and 0 seconds, given difficulty of 7672999.92016, is 0.981783500137
ThickAsThieves: i think it appeals for different reasons for some people
gribble: BTCUSD ticker | Best bid: 183.87811, Best ask: 184.50000, Bid-ask spread: 0.62189, Last trade: 183.50000, 24 hour volume: 100167.85329295, 24 hour low: 155.00000, 24 hour high: 194.90000, 24 hour vwap: 176.66415
lippoper: the excitement/anxiety/thrill of either making it big or just for the fucking fun of feeling alive
lippoper: the guy playing poker with millions of dollars is not really having sex with that fine blonde bitch standing over his shoulder.... he's having more fun with his millions. Bitches second, Money first.
gribble: Time since last block: 13 minutes and 51 seconds
lippoper: ;;calc 496.55172413793105 / 60
assbot: [MPEX] [S.MPOE] 6400 @ 0.00065489 = 4.1913 BTC [+]
assbot: [MPEX] [S.MPOE] 10590 @ 0.00065873 = 6.976 BTC [+]
lippoper: ;;calc (496.55172413793105 / 60) / 60
gribble: (interval takes no arguments) -- Shows average interval, in seconds, between last 1000 blocks.
assbot: [HAVELOCK] [SDICE] 5 @ 0.3095 = 1.5475 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.3097 = 0.6194 BTC [+]
assbot: [HAVELOCK] [SDICE] 8 @ 0.3099 = 2.4792 BTC [+]
punkman: benkay, the answer is risk, risk is fun
lippoper: interval - show the average time between blocks, over the past 1000 blocks. If given optional integer argument, use that many blocks for the estimate.
lippoper: gribble: (interval takes no arguments) -- Shows average interval, in seconds, between last 1000 blocks.
gribble: BTCUSD ticker | Best bid: 181.00000, Best ask: 182.40000, Bid-ask spread: 1.40000, Last trade: 182.40000, 24 hour volume: 100167.85329295, 24 hour low: 155.00000, 24 hour high: 194.90000, 24 hour vwap: 176.66415
gribble: Estimated percent change in difficulty this period | 16.76214 % based on data since last change | 13.877 % based on data for last three days
jborkl_: please take you conversations with gribble private, you are spamming the channel
jurov: you have same wallet for mpex and bitbet?
lippoper: over the weekend there's some douche selling trading bots on reddit
lippoper: now there's a bunch of noobs making hundreds of transactions per minute
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent a bitcoin ... nowhere, really (0 AU).
gribble: There are currently 0 bitcoins offered at or under 0.0 USD, worth 0.0 USD in total. | Data vintage: 39.3270 seconds
gribble: There are currently 47372.398 bitcoins offered at or under 999999999999.0 USD, worth 1.42184506191e+12 USD in total. | Data vintage: 44.4670 seconds
benkay: goxlag is 0 but data vintage is 45 seconds?
gribble: MtGox lag is 0.132764 seconds. During this time, light travels 0.0002660575695 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
gribble: There are currently 47348.68 bitcoins offered at or under 99999999.0 USD, worth 422305405.304 USD in total. | Data vintage: 5.2297 seconds
deadweasel: so if no coinbase, no gox, how to get btc back to fiat?
benkay: you can buy bitcoins on ebay
benkay: someone is selling 1 litecoin for ten bucks
benkay: ebay may be the best place for bitcoins in the future
benkay: i've been harping on the guy who runs their android operation to bring me on to build a consumer wallet thing
benkay: although i made him filthy rich on bitcoins
lippoper: buy a bitcoin from someone with paypal for $250.00
lippoper: then reverse the charge once it's in your wallet
benkay: a good buy at any price under 5k lippoper
lippoper: "Yes paypal customer service, I never received the bitcoin"
benkay: they actually do due dilligence
lippoper: even btc-e.com stopped accepting PayPal due to this reason.
benkay: you'll have to have an agreed upon address
benkay: paypal's not doing *your* due dilligence
benkay: they do it when they have skin in the game
lippoper: they reverse charges like credit card company, sometimes even more easily.
benkay: the default opionion in credit card land is that customers are right
benkay: the expectation creates the reality
benkay: it's not entirely a bad thing, given the shit state of their technology
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.76211 = 1.5242 BTC [-]
benkay: anyways. i would bet on paypal being a major player in the exchange business.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7621 = 1.5242 BTC [-]
benkay: they're hungry for new business.
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.7621 = 3.0484 BTC [-]
benkay: and they could be percieved as a professional outfit that understands security.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]
benkay: dammit i shut b-a down again.
gribble: BTCUSD ticker | Best bid: 182.23401, Best ask: 182.67570, Bid-ask spread: 0.44169, Last trade: 182.67570, 24 hour volume: 100199.76586949, 24 hour low: 157.00000, 24 hour high: 194.90000, 24 hour vwap: 177.36797
gribble: MtGox lag is 34.868194 seconds. During this time, light travels 0.0698754703722 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU).
benkay: do you have a steady-state value you expect?
ThickAsThieves: i dont think gox is letting us see the natural price yet
benkay: obviously i want to fight today
benkay: further hints of impending doom for gox
Bugpowder: short the company who's revenue is skyrocketing exponentially. have fun with that.
benkay: how do make play agains company that's horribly run and yet profitable?
jcpham: imsaguy everytime i get opped i do something wrong like +m the channel or try to fix the topic when it is topic locked
jcpham: plus it's ADHD chat. you can't fix it
imsaguy: it really needs to start over
imsaguy: there's something to be said about -foyer
jcpham: needs ninja ops booting stupid people
imsaguy: it kept much of the OT in there
jcpham: not really i don't like it there
jcpham: maybe 20-50 nicks i can trust
imsaguy: maybe you need to adjust your wot?
jcpham: i've had to create like 30 accounts to defend myself
benkay: what are you catching flak for jcpham?
jcpham: imsaguy and i were having a chat
gribble: MtGox lag is 99.982987 seconds. During this time, light travels 0.200364786483 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
guruvan: venutians accepting bitcion now?
assbot: [BTCTC] [PAJKA.BOND] 19 @ 0.1 = 1.9 BTC [-]
benkay: forbes letter from the editor says we need to take the dollar seriously
benkay: i call bitcoin top when forbes letter from the editor says dollar is dead
assbot: [MPEX] [S.BBET] 1000 @ 0.00085021 = 0.8502 BTC [+]
assbot: [MPEX] [S.BBET] 500 @ 0.00085021 = 0.4251 BTC [+]
assbot: [MPEX] [S.BBET] 992 @ 0.00079521 = 0.7888 BTC [-]
assbot: [HAVELOCK] [VTX] 8 @ 0.31 = 2.48 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.29 BTC [-]
Scrat: popped like a grape
benkay: it would be nice to be king of cascadia
benkay: very little ambition in these parts
benkay: a few executions to set the tone
assbot: [MPEX] [S.MPOE] 5100 @ 0.00065422 = 3.3365 BTC [-]
assbot: [MPEX] [S.MPOE] 475 @ 0.00065873 = 0.3129 BTC [+]
assbot: [MPEX] [S.MPOE] 1300 @ 0.0006607 = 0.8589 BTC [+]
assbot: [MPEX] [S.MPOE] 5525 @ 0.00066071 = 3.6504 BTC [+]
MJR_: back to 188 already
btcccc: while you waiting for BTC to jump hugely again you can play a new game that you can win up to 17X your bet by trying to walk through a minefield. also freeplay option so you dont have to bet!
http://www.satoshi-karoshi.com/?r=10670 benkay: we were just starting to have fun...
iz: play a game where you walk through a minefield? how is that fun?
benkay: just take the fools monies.
iz: hard to take their money if they don't want to play
benkay: a small fraction of the world is a lot of people
deadweasel: .2% of people reply to nigerian scammers
iz: yes, and a large fraction of the world is even more people
benkay: they never write back, though.
iz: send them bitcoins and then sell them technical support in USD
benkay: acquire cryptocurrencies
assbot: [BTCTC] [BTC-MINING] 2 @ 0.021 = 0.042 BTC [-]
ThickAsThieves: do you like bitcoin? do you like super mario kart? then you'll LOVE SatoshiYoshi.com!
MJR_: I like both those things!!!
benkay: let me give you my money!
MJR_: there was nothing there?
benkay: dudes i saw a thing about using javascript to reprogram routers yesterday
MJR_: benkay: sounds cool
MJR_: you can do the same with UPnP
benkay: i love breaking things.
gribble: BTCUSD ticker | Best bid: 186.06253, Best ask: 186.99999, Bid-ask spread: 0.93746, Last trade: 186.99999, 24 hour volume: 102774.98338597, 24 hour low: 157.00000, 24 hour high: 194.90000, 24 hour vwap: 178.38721
deadweasel: fucking linksys routers. totally unprotected.
deadweasel: add a '/' to any admin url to see source code, lol!
deadweasel: print password file with simple request
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.794 BTC [+]
assbot: [HAVELOCK] [KCIM] 4 @ 1.209 = 4.836 BTC [+]
gribble: MtGox lag is 3.534177 seconds. During this time, light travels 0.00708245113738 AU. You could have sent a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
gribble: BTCUSD ticker | Best bid: 185.30001, Best ask: 185.95999, Bid-ask spread: 0.65998, Last trade: 185.30001, 24 hour volume: 102926.03575566, 24 hour low: 157.00000, 24 hour high: 194.90000, 24 hour vwap: 178.47044
gribble: There are currently 7494.7663 bitcoins offered at or under 195.0 USD, worth 1443781.28381 USD in total. | Data vintage: 0.0012 seconds
gribble: There are currently 9839.9499 bitcoins demanded at or over 170.0 USD, worth 1748284.48795 USD in total. | Data vintage: 3.0379 seconds
assbot: [HAVELOCK:HIM] 1D: 1.89000000 / 1.92735294 / 1.93000000 (17 shares, 32.76500000 BTC), 7D: 1.82000000 / 1.90417629 / 2.05990000 (97 shares, 184.70510000 BTC), 30D: 1.41000000 / 1.85736363 / 2.08000000 (693 shares, 1287.15299230 BTC)
gribble: BTCUSD ticker | Best bid: 188.89002, Best ask: 189.80261, Bid-ask spread: 0.91259, Last trade: 189.80261, 24 hour volume: 104076.87236816, 24 hour low: 157.00000, 24 hour high: 194.90000, 24 hour vwap: 178.63555
benkay: thickasthieves making things is important and cool
bVector: so how long would it take to make your money back on dividends on sdice stocks?
gribble: Next difficulty estimate | 8839306.76485 based on data since last change | 8785341.70019 based on data for last three days
assbot: [BTCTC] [LTC-MINING] 1 @ 0.24001 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.13789 BTC [+]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.1379 = 0.2758 BTC [+]
gribble: Time since last block: 47 minutes and 53 seconds
assbot: [MPEX] [S.MPOE] 6250 @ 0.00065356 = 4.0848 BTC [-]
assbot: [MPEX] [S.MPOE] 9250 @ 0.00066071 = 6.1116 BTC [+]
gribble: Time since last block: 3 minutes and 2 seconds
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.789 = 1.578 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 28 @ 0.795 = 22.26 BTC [+]
assbot: [BTCTC] [BTC-BOND] 998 @ 0.01 = 9.98 BTC [+]
assbot: [BTCTC] [BTC-BOND] 5 @ 0.01 = 0.05 BTC [+]
assbot: [BTCTC] [BTC-BOND] 100 @ 0.01 = 1 BTC [+]
assbot: [MPEX] [S.MPOE] 1481 @ 0.00066071 = 0.9785 BTC [+]
assbot: [MPEX] [S.MPOE] 6007 @ 0.00066211 = 3.9773 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 8 @ 0.1024 = 0.8192 BTC [+]
gribble: MtGox lag is 0.361659 seconds. During this time, light travels 0.000724760586664 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
gribble: BTCUSD ticker | Best bid: 188.25001, Best ask: 188.41000, Bid-ask spread: 0.15999, Last trade: 188.25001, 24 hour volume: 106530.94142469, 24 hour low: 160.00000, 24 hour high: 194.90000, 24 hour vwap: 179.70143
jurov: everyone is tired from it :D
jborkl_: mtgox socket has been down for 85 minutes