gribble: BTCUSD ticker | Best bid: 184.46829, Best ask: 190.00000, Bid-ask spread: 5.53171, Last trade: 180.44100, 24 hour volume: 143120.57221572, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 198.68487
assbot: [MPEX:S.MPOE] 1D: 0.00069098 / 0.00070945 / 0.000715 (160086 shares, 113.57 BTC), 7D: 0.00063322 / 0.00069029 / 0.00071514 (2045008 shares, 1,411.66 BTC), 30D: 0.00059218 / 0.00068765 / 0.00077505 (9412586 shares, 6,472.64 BTC)
ThickAsThieves: The following is the amount of "BTC In" for SatoshiDice.com for the previous four 4-week periods:
pigeons: better than when you were arguing nekkid
gribble: There are currently 14360.402 bitcoins offered at or under 250.0 USD, worth 3143389.44241 USD in total. | Data vintage: 93.6624 seconds
gribble: There are currently 16797.458 bitcoins demanded at or over 130.0 USD, worth 2542314.64368 USD in total. | Data vintage: 103.5214 seconds
ThickAsThieves: feel free to verify, i was doing like 5 things at once (as usual) when i did the math
gribble: MtGox lag is 421.129856 seconds. During this time, light travels 0.843939516219 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
gribble: BTCUSD ticker | Best bid: 190.00000, Best ask: 198.90000, Bid-ask spread: 8.90000, Last trade: 198.90000, 24 hour volume: 144954.06230218, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 198.50794
assbot: [BTCTC] [GOLD] 1 @ 0.1238 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.25500001 BTC [-]
assbot: Good morning, may you serve the Lord, and may His holy dominion guide you through your dismal life.
assbot: It says some pelt-wearin' trapper, some stinkin' bean-suckin' possum skinner, he's gonna collect that reward money.
assbot: [HAVELOCK:HIM] 1D: 0.75000001 / 1.10759322 / 1.20000000 (59 shares, 65.34800001 BTC), 7D: 0.75000001 / 1.52179593 / 1.93000000 (221 shares, 336.31690011 BTC), 30D: 0.75000001 / 1.77008474 / 2.08000000 (806 shares, 1426.68829841 BTC)
assbot: [HAVELOCK:VTX] 1D: 0.18000000 / 0.25133697 / 0.30000000 (515 shares, 129.43853857 BTC), 7D: 0.18000000 / 0.30180003 / 0.47000000 (1667 shares, 503.10064405 BTC), 30D: 0.18000000 / 0.41931029 / 0.79900000 (14627 shares, 6133.25156457 BTC)
gribble: MtGox lag is 40.02897 seconds. During this time, light travels 0.0802176076933 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
thestringpuller: I wrote them an email explaining with the non-linear increase in difficulty and them not having a contingency plan for BFL labs non-delivery, there would be a run on the stock as dividends don't increase over time.
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.003205 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 68 @ 0.003205 = 0.2179 BTC [-]
mircea_popescu: My friend tried buying 100 bitcoin tonight at $220, then at $200, then at $175. Mt.Gox would ONLY fill it at $140."
gribble: MtGox lag is 94.566716 seconds. During this time, light travels 0.189510640042 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
gribble: BTCUSD ticker | Best bid: 195.12195, Best ask: 198.40000, Bid-ask spread: 3.27805, Last trade: 198.40000, 24 hour volume: 146479.39685151, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 198.18480
thestringpuller: was it the goxlag that caused it? or is shit going to get worse?
ThickAsThieves: imo another big dip to take profit is totally possible
gribble: BTCUSD ticker | Best bid: 199.98000, Best ask: 203.00000, Bid-ask spread: 3.02000, Last trade: 203.00000, 24 hour volume: 146479.39685151, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 198.18480
assbot: [HAVELOCK] [VTX] 4 @ 0.25 = 1 BTC [-]
pgp: I think another opportunity to sell...
assbot: [BTCTC] [GSDPT] 1 @ 0.00304 BTC [+]
Bugpowda: it usually oscillates 2-3 cycles of decreasing amplitude after big moves
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 123.50099848 / 224.19815089 / 226.07089967 (13815 shares, 2,358.38 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
assbot: [HAVELOCK] [VTX] 10 @ 0.2385 = 2.385 BTC [-]
gribble: MtGox lag is 171.222393 seconds. During this time, light travels 0.343127758471 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
Bowjob: even goxlag is lagging
pgp: any link to latest communications from BFL regarding delivery - I'm looking to ammuse myself...
Namworld: man... these are some good wads of cash I made
ThickAsThieves: mp would it be possible for you to develop relationships directly with your approved exchanged to become a "real" price index?
gribble: MtGox lag is 295.600707 seconds. During this time, light travels 0.592380507118 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
mircea_popescu: because i don't want to be the judge executioner and everything else.
gribble: MtGox lag is 314.06204 seconds. During this time, light travels 0.629376811746 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
mircea_popescu: don't get me wrong, i too would love to be in a better reality.
ThickAsThieves: any candidates you think could fill the role if they tried?
Ukto: I do not like playing Judge.
Ukto: Executioner sure. :P
Ukto: But thats a different story. ;)
jborkl_: lol, watching trollbox on btce
Bugpowda: I love that Usagi wants to take over the BAKEWELL security
Ukto: jborkl_: wait, btce is up? :P
jborkl_: it only went down for a minute
pgp: mp: i love the "the movie-and-a-burger asset" comment...
mircea_popescu: pgp no but srsly. da people are done complaining about mpex fee
gribble: MtGox lag is 107.761137 seconds. During this time, light travels 0.215952111994 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
gribble: BTCUSD ticker | Best bid: 176.10000, Best ask: 186.90000, Bid-ask spread: 10.80000, Last trade: 186.90000, 24 hour volume: 155464.04726133, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 197.51465
Bowjob: We're taking the night off. We are not accepting new orders tonight (Wednesday Apr 10). Seriously, forget the Bitcoin Charts/Prices. Go for a walk, take a bath, go to the spa. Yes all pending orders will be processed, and Yes we'll be back to normal tomorrow. and no we were NOT hacked.
Bowjob: According to canadian bitcoins
gribble: BTCUSD ticker | Best bid: 176.00000, Best ask: 179.98000, Bid-ask spread: 3.98000, Last trade: 170.02999, 24 hour volume: 157519.54743859, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 197.21062
gribble: MtGox lag is 111.797675 seconds. During this time, light travels 0.224041288951 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
KRS1: yeah...we'll just put UDP traffic from a bunch of hosts into a nice little php/html form and email it back.
KRS1: <[yAK]> i was actually getting 300khash by putting a coat hanger into one of the pci express slots
KRS1: litecoins are strange
KRS1: who'd ever think of using a coat hanger..i should stick a fork in one of my bitcoin mining rigs to see if that helps.
gribble: BTCUSD ticker | Best bid: 162.00000, Best ask: 162.01000, Bid-ask spread: 0.01000, Last trade: 162.01000, 24 hour volume: 160814.65103316, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 196.46287
gribble: MtGox lag is 82.196653 seconds. During this time, light travels 0.164721172292 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
TomServo: custom leather products < ahahahah
gribble: BTCUSD ticker | Best bid: 152.68000, Best ask: 153.98000, Bid-ask spread: 1.30000, Last trade: 152.68000, 24 hour volume: 164938.44701010, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 195.33394
punkman: "@DavidClinchNews: We can laugh at Bitcoin but real guys, in real basements, are losing real fake money right now."
KRS1: im gonna google suicide over loss of btc and see what floats up
KRS1: it appears you guys have blood on your hands already..
gribble: MtGox lag is 120.367893 seconds. During this time, light travels 0.241215909866 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [+]
assbot: [MPEX] [S.MPOE] 12352 @ 0.00068568 = 8.4695 BTC [-]
assbot: [MPEX] [S.MPOE] 3748 @ 0.00068433 = 2.5649 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.73 = 2.92 BTC [+]
KRS1: "The velocity of bitcoins is a huge red alert"
pgp: that's what I'm talking about...
KRS1: this writing sounds a little f'd up
KRS1: doesnt hold water imo
pgp: same guy is pestering US government for Area 51 docs
Bugpowda: the oscillation will go up from here
pgp: i'm telling you, we're back down
pgp: i don't think it's done yet
pgp: gotta love second chance selling, though...
Bugpowda: It does a damped osciallation EVERY TIME. usually the magnitude is too small to trade due to fees, but this one is SO BIG, the fees dont matter.
assbot: [BTCTC] [B.YABMC] 1 @ 0.01249 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.0125 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.013 BTC [+]
pgp: bp: I agree with theory, but not that we necessarily go back up after attentuation of occillilations...
Scrat: fuck is this, I thought we were back at 200?
gribble: BTCUSD ticker | Best bid: 129.44000, Best ask: 130.01111, Bid-ask spread: 0.57111, Last trade: 130.01111, 24 hour volume: 173037.17370943, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 192.39910
assbot: [BTCTC] [B.YABMC] 1 @ 0.014 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.0175 BTC [+]
assbot: [BTCTC] [B.YABMC] 2 @ 0.017959 = 0.0359 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.73 = 10.95 BTC [+]
assbot: [BTCTC] [B.YABMC] 49 @ 0.017999 = 0.882 BTC [+]
gribble: MtGox lag is 189.333507 seconds. During this time, light travels 0.379422228144 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1016 BTC [+]
gribble: Error: Failure to retrieve ticker. Try again later.
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1017 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1018 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 9 @ 0.1019 = 0.9171 BTC [+]
gribble: BTCUSD ticker | Best bid: 127.21951, Best ask: 129.00000, Bid-ask spread: 1.78049, Last trade: 129.00000, 24 hour volume: 173862.61424907, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 192.07380
gribble: There are currently 26980.866 bitcoins demanded at or over 100.0 USD, worth 2872092.44501 USD in total. | Data vintage: 46.7765 seconds
assbot: [BTCTC] [SYNERGY] 4 @ 0.018 = 0.072 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.01996 BTC [+]
Namworld: yeah... the few bitcoins I sold right at the top of the bubble could almost pay for enough bitcoins to settle of my whole BTC-BOND
assbot: [BTCTC] [SYNERGY] 20 @ 0.024989 = 0.4998 BTC [+]
Namworld: but we ain't seen the bottom of this crash
Namworld: I executed my calls some time ago...
Namworld: Everything going superfine here
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
assbot: [MPEX:S.MPOE] 1D: 0.00068433 / 0.00070689 / 0.000715 (163886 shares, 115.85 BTC), 7D: 0.00063322 / 0.00069025 / 0.00071514 (2061108 shares, 1,422.69 BTC), 30D: 0.00059218 / 0.00068765 / 0.00077505 (9428686 shares, 6,483.68 BTC)
MJR_: is anyone selling calls?
gribble: BTCUSD ticker | Best bid: 130.00000, Best ask: 130.95306, Bid-ask spread: 0.95306, Last trade: 130.95306, 24 hour volume: 174798.60877076, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 191.69492
gribble: MtGox lag is 219.05474 seconds. During this time, light travels 0.438983246301 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
Bugpowda: Here comes the bounce bitches.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
gribble: MtGox lag is 194.482047 seconds. During this time, light travels 0.389739844658 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
gribble: MtGox lag is 174.694313 seconds. During this time, light travels 0.350085447277 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
gribble: BTCUSD ticker | Best bid: 151.11000, Best ask: 160.00534, Bid-ask spread: 8.89534, Last trade: 150.00000, 24 hour volume: 178878.97216569, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 190.19810
gribble: mircea_popescu was last seen in #bitcoin-assets 18 minutes and 6 seconds ago: <mircea_popescu> Bugpowda classic time arbing
deadweasel: if not for you, I would not have made my calls today. thank u.
MJR_: for trading, volatility is so much fun
thestringpuller: mircea_popescu: hey do you still have that picture showing the tweets correlating to bitcoin price saying "proof bitcoin isn't a ponzi"
KRS1: volatility is where its at
KRS1: ive been making cash off ltc..up/down daily
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.102 = 0.51 BTC [+]
gribble: MtGox lag is 119.363752 seconds. During this time, light travels 0.239203622545 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU).
Bugpowdeer: so for the record, In at 133, 121, out at 198, in at 151, 132, 130, 130, out at??
gribble: BTCUSD ticker | Best bid: 170.00000, Best ask: 171.25187, Bid-ask spread: 1.25187, Last trade: 175.00000, 24 hour volume: 179884.35082268, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 188.82739
assbot: [BTCTC] [COGNITIVE] 1 @ 0.122 BTC [-]
mod6: has anyone used bitfinex?
gribble: MtGox lag is 162.992865 seconds. During this time, light travels 0.326635876501 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
mod6: thestringpuller: you mean mpex?
assbot: [HAVELOCK] [HIM] 1 @ 1 BTC [-]
assbot: [BTCTC] [COGNITIVE] 14 @ 0.122 = 1.708 BTC [-]
gribble: BTCUSD ticker | Best bid: 160.01000, Best ask: 165.00000, Bid-ask spread: 4.99000, Last trade: 160.01000, 24 hour volume: 181176.23438337, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 188.55892
mod6: i can issue commands to the exachange, buy|sell|stat but the bot has vaporized since the selling began
mod6: this happened last time there was a large sell off too :/
thestringpuller: I may have lost money on calls (or not the month still has 19 days left)
KRS1: can i use a bot to trade on public exchanges
KRS1: cant stand using the web interfaces
mod6: KRS1: me either. so i wrote unix tools for mpex. much happier :)
mod6: well, at first I used to do all the orders by hand
KRS1: its been a while since i played with a perl bot
KRS1: mod6 that must have felt like another life to you haha
KRS1: i'd love to learn how to trade on the mpex and what not..still learning but still have an investment in btc
assbot: [MPEX] [O.USD.C215T] 1 @ 0.2173294 BTC [+]
mod6: it had certainly been a while since i'd made any perl tools. but i'm glad that i made some now.
KRS1: need to figure out how to buy/sell quickly during times like this
KRS1: i think its because i learned pascal back in 90
mod6: i <3 perl too, python can suck my ass
KRS1: and thank you very much for writing that
assbot: [HAVELOCK] [HIM] 1 @ 1 BTC [-]
mod6: no worries. hope it'll help someone out if uses it. let me know if you need help or whatever.
gribble: BTCUSD ticker | Best bid: 150.50000, Best ask: 157.49999, Bid-ask spread: 6.99999, Last trade: 157.50000, 24 hour volume: 181970.84476366, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 188.03489
mod6: we're in #BitOTTer also
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [+]
gribble: There are currently 42473977 bitcoins demanded at or over 0.0 USD, worth 9588602.81013 USD in total. | Data vintage: 65.6944 seconds
mod6: i was asking about bitfinex just cause this guy in -otc mentioned it to me since i called Gox a jackwagon
mod6: i went to the website, but it seems that it's all sort of behind the scenes and what not
assbot: [HAVELOCK] [HIM] 2 @ 0.85 = 1.7 BTC [-]
mod6: i guess they have leverage there ... hmm. scary.
mod6: sounds like another icbit
assbot: [HAVELOCK] [HIM] 2 @ 0.85 = 1.7 BTC [-]
gribble: BTCUSD ticker | Best bid: 142.00000, Best ask: 143.00000, Bid-ask spread: 1.00000, Last trade: 142.00000, 24 hour volume: 181056.34284909, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 187.38060
mod6: thestringpuller: no clue, i've never used it.
benkay_: is *everyone* ddossed right now?
mod6: seems to be a lot of attacks being reported
Scrat: benkay_: yep seems like someone used "*" in their botnet console
mod6: mircea_popescu: what happened to the mpoe bot?
mod6: just unplugged until a bottom is reached?
mpexbot: ThickAsThieves: 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.
assbot: [HAVELOCK] [HIM] 4 @ 1 = 4 BTC [+]
gribble: MtGox lag is 39.813814 seconds. During this time, light travels 0.0797864374783 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
assbot: [HAVELOCK] [VTX] 2 @ 0.26 = 0.52 BTC [+]
benkay_: that's a reassuring number.
assbot: [HAVELOCK] [VTX] 1 @ 0.2785 BTC [+]
mod6: ok well no wonder it goes down every time
assbot: [HAVELOCK] [VTX] 2 @ 0.275 = 0.55 BTC [-]
mod6: everytime that gox shits its pants, so does bitcoincharts
benkay_: astonishing that nobody caches this data
thestringpuller: it's astonishing that the price is still volatile after the sell off hours ago
ThickAsThieves: i know wall st does that, but do currency exchanges do that?
benkay_: what's the rationale behind that?
benkay_: move beyond market participants panic state?
bVector: thestringpuller: icbit has been up throughout the day, no downtime noted
assbot: [HAVELOCK] [KCIM] 1 @ 1.15 BTC [+]
assbot: [HAVELOCK:KCIM] 1D: 0.99520001 / 1.03657501 / 1.15000000 (16 shares, 16.58520009 BTC), 7D: 0.99520001 / 1.12171273 / 1.20900000 (55 shares, 61.69420011 BTC), 30D: 0.99500000 / 1.13147209 / 1.39999000 (205 shares, 231.95177822 BTC)
burnside: gonna be traveling for the next week or so. any inquiries PM me on the forums or send a support request via btct.co.
naemsi: What are people using as gox alternatives?
gribble: BTCUSD ticker | Best bid: 151.26402, Best ask: 152.00000, Bid-ask spread: 0.73598, Last trade: 152.00000, 24 hour volume: 182131.60623678, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 186.21706
ThickAsThieves: so many of these gox trades are silly little bot amount
naemsi: benkay_: wow, that's weak. It allowed me to create a non-alphanumeric username but won't allow me to log in with it. :/
assbot: [HAVELOCK] [VTX] 3 @ 0.275 = 0.825 BTC [-]
orkaa: she had some drama in her life
orkaa: but sad story anyway
assbot: [MPEX] [O.USD.C167T] 1 @ 0.3 BTC [+]
mod6: thank dog, the mpoe bot is back
MJR_: i finally got socket.io to work with java
MJR_: i am the happiest guy in the world
MJR_: unfortunately, i can't get it to work over ssl
gribble: MtGox lag is 2.21016 seconds. During this time, light travels 0.00442913589382 AU. You could have sent a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
pizzaman1337: yeah, but sometimes bitcoincharts is "kinda" up and mpexbot doesn't place orders
pizzaman1337: how often does it retry if it fails to get a response?
gribble: MtGox lag is 20.926272 seconds. During this time, light travels 0.0419360147858 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
gesell: sorry, mpexbot is what controls gribble? is gribble getting its numbers from bitcoincharts?
mircea_popescu: well often-ish, but trying to also not kill the service
gribble: BTCCAD ticker | Best bid: 158.41987, Best ask: 165.39963, Bid-ask spread: 6.97976, Last trade: 163.21575, 24 hour volume: 701.68925062, 24 hour low: 106.20810, 24 hour high: 270.77398, 24 hour vwap: 198.09981
gribble: BTCUSD ticker | Best bid: 155.10300, Best ask: 155.99999, Bid-ask spread: 0.89699, Last trade: 156.00000, 24 hour volume: 188103.95597068, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 185.00224
bowjob: so people who bought calls got burned this time
assbot: [MPEX] [S.MPOE] 13100 @ 0.00070833 = 9.2791 BTC [+]
MJR_: it is so funny how expectations change the story
MJR_: i think 2 weeks ago?
MJR_: people would have been thrilled to hear we would be at 160
MJR_: but once you've hit 265 for no reason at all...now 160 isn't good?
gribble: Next difficulty estimate | 9136646.06287 based on data since last change | 9622630.79435 based on data for last three days
benkay_: i blink and say "srsly? you care about one day's movement?"
benkay_: call me if we're ever down week over week; whichever cryptocurrency is popular at the time might actually have hit a steady-state value at that point
mircea_popescu: benkay_ for every person that matters there's 1k+ people with a btc or less.
mircea_popescu: for every person with 1 btc or less there's 1k+ people with a bunch of social media accounts.
KRS1: that graph looks like the price will drop
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.719 BTC [-]
benkay_: isn't that the future of the currency distribution anyways? lots of people holding tiny amounts?
KRS1: will the network keep up?
MJR_: well the cream rises to the top
KRS1: im always worried about the network unable to facilitate transactions
mircea_popescu: but the thing is, to 99.99% of people "involved, their involvement is just saying the name
mircea_popescu: for 99% of people involved, their involvement is less than a decent meal.
gribble: BTCUSD ticker | Best bid: 167.00000, Best ask: 167.01000, Bid-ask spread: 0.01000, Last trade: 167.00000, 24 hour volume: 190512.24561499, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 184.31487
MJR_: they need to say the name 3 times in a dark room into a mirror
mircea_popescu: this somehow is disproportionate to the attention, almost as if the less skin in the game, the more theorizing etc.
KRS1: i've tried that..bitcoins from heaven does not come
KRS1: i cant even begin to count all the coins i sold for dimes
KRS1: i would have been able to retire
MJR_: i think they accomplished their goal already
MJR_: they got coins cheap
MJR_: by the way, did anyone see CNBC "MARKET WATCH: Bitcoin Bubble Burst?"
MJR_: like its a fed announcement, lol
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1019 BTC [-]
benkay_: mircea_popescu, even my hairdresser understands that a deflationary currency is worth more tomorrow
mircea_popescu: i mean... people see it "bust" and still worth more than the dollar.
MJR_: i mean, i think the fact that we bounce back after a 3x (by price) bigger drop than the 2011 crash
MJR_: speaks to the fact that this is here
MJR_: and its not going anywhere
mod6: Maria: "... But Bill, where's the money!"
mod6: well, i guess ~4:30 mins in
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.719 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.702 BTC [-]
mod6: Santelli interviewed the BTC ATM guy a week or so ago. That was kinda neat.
gribble: MtGox lag is 0.545224 seconds. During this time, light travels 0.00109262279137 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
assbot: [MPEX] [S.MPOE] 2077 @ 0.00070625 = 1.4669 BTC [-]
assbot: [MPEX] [S.MPOE] 1048 @ 0.00069712 = 0.7306 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.77 = 2.31 BTC [-]
bgupta: so curious.. what kind of crack pipe are the gox ks smoking if they think that it's a sign of success that their shitty trading system caused a flashcrash?
mircea_popescu: bgupta they have been pulling that deluded crap pretty much as their signature since 2011.
bgupta: they were honest.. but I was like "you are celebrating this".. mmm guess they made a ton of commissions so they were in the mood to celebrate?
punkman: do they still take Magic cards?
punkman: I should sent them a few boxes via freight
bgupta: As far as I know that guy is doing something else now. (Sold the exchange)
mircea_popescu: bgupta honesty apparently means different things to different people.
bgupta: they basically said "yay the market crashed because our systems couldn't keep up with demand! we rock!!"
gribble: BTCUSD ticker | Best bid: 163.00001, Best ask: 163.38999, Bid-ask spread: 0.38998, Last trade: 163.00000, 24 hour volume: 244646.64497220, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 177.15869
Scrat: bgupta: i did, i replied to the forum post
assbot: [MPEX] [S.MPOE] 8015 @ 0.00070632 = 5.6612 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.00149 BTC [-]
ZedsterX: your page not available here MP
ZedsterX: you getting DDoSed or overload? :)
gribble: Error: Problem retrieving gox lag. Try again later.
Scrat: kakobrekla: he said in the next 12 to 24 hours
ZedsterX: no problem after yesterdays crash i can't afford to read your articles :)
kakobrekla: maybe they were including goxlag or smth into dat
Scrat: right now it's 4 hours after the press release
bgupta: ok they should do this more often.. I'd be able to get more work done ;)
bgupta: Gox has crashed.. gonna sell all my btc for $1 each on otc.. brb...
mircea_popescu: i doubt they've crashed. i think they got a taste of 200mbps
mircea_popescu: okay, everyone get your trades through if you were contemplating anything
assbot: [MPEX] [S.MPOE] 5698 @ 0.00070858 = 4.0375 BTC [+]
assbot: [MPEX] [S.MPOE] 1652 @ 0.00069712 = 1.1516 BTC [-]
Namworld: mircea, I got my trades throught at 230-250 already
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]
Namworld: I took a screenshot of clarkmoody at the peak
Namworld: The price rise is almost vertical over a few weeks and totally dwarfs 2011's bubble
kakobrekla: so in 2015 to excpect about 200 to 2000 bubble?
Namworld: I was looking at price and the 2011 looked like such a small bump... I thought, I've got to take some money there
Namworld: I withdrew funds available on the various exchanges, sent to gox and sold
Namworld: Too bad the free BTC was only a fraction of my portfolio
assbot: [HAVELOCK] [VTX] 1 @ 0.29999998 BTC [+]
assbot: [MPEX] [O.USD.P128T] 1 @ 0.06702997 BTC
assbot: [MPEX] [S.MPOE] 3059 @ 0.00071544 = 2.1885 BTC [+]
assbot: [MPEX] [S.MPOE] 4346 @ 0.00071567 = 3.1103 BTC [+]
Scrat: [12:31] <bit14> @MagicalTux: why exactly would a ddos affect the matching and execution engine?
Scrat: [12:31] <@MagicalTux> bit14: overloading system cpu
Scrat: [12:31] <@MagicalTux> ddos are not all about cpu
Scrat: [12:32] <bit14> @MagicalTux: wouldn't the front end and execution engine be on different machines?
Scrat: [12:32] <@MagicalTux> bit14: not yet
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: BTCUSD ticker | Best bid: 146.76500, Best ask: 148.00000, Bid-ask spread: 1.23500, Last trade: 143.00000, 24 hour volume: 247104.13417462, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 175.50181
gesell: Do you suppose what MagicalTux is talking about are all the massive 0.01 orders?
gesell: as i was saying yesterday, if each execution of an order requires gox to recaculate a bunch of things such as your current fee bracket, in addition to properly matching, then mangification at the cpu level is possible. and another argument for throttling oders per second per user until gox finds solutions
mircea_popescu: in the paralel if relative distant universe where tux knows what he's talking about
mircea_popescu: he could in principle be talking about that or anything else.
taub: gesell: that is their faulty engine design, and i predicted this like two weeks ago
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.76 BTC [-]
taub: they dont know jack about anything, im tired of the ameteurish nature of all of this :(
taub: please jew bankers rescue us
gesell: taub: dont worry, max keiser will save us
gesell: im sure he's going to say something big any time now ;)
Scrat: at least jew bankers know to isolate their website from their trading system
mircea_popescu: well... mpex is the only one doing that, and i ain't jewish
mircea_popescu: also i explained what it is and why it should be done, but tards like tux think tjhey know shit
gesell: mircea_popescu: thanks for the post. finally someone giving numbers
gesell: yeah, gox should switch to the PGP protocol for all orders :)
ezdiy: actually there are sound proposal for true p2p exchanges
ezdiy: problem is getting fiat in and out
ezdiy: you basically need some kind of "jew bankers", and assuming the escrow fraud to manipulate the market
ezdiy: its 20% tax on fiat in/out
ezdiy: but might be worth to some people
taub: maybe ripple can help in this? getting money into the exchanges
ezdiy: simply, people being anonymous means that 20% of them will turn out to be scumbags
ezdiy: and you have to subsidize that
ezdiy: mircea_popescu: chargeback rates
punkman: you can't have 20% chargeback rate, they shut you down
ezdiy: mircea_popescu: well, assuming there is ripple for pp/cc
ezdiy: we shall assume same chargeback rates
ezdiy: ie immense amount of abuse from hacked accounts
pizzaman1337: you don't have to get fiat in between p2p exchanges - you could settle in btc
ezdiy: pizzaman1337: we're talking btc/fiat exchanges
mircea_popescu: there is no system in this world with 20% chargeback rates. either you have a working system and chargebacks are a fraction of a percent
ezdiy: of course btc/ltc/whatever exchanges can be pure p2p
ezdiy: mircea_popescu: in average, its supposedly about 20% (cant find the source atm, but i assume you'll get similiar number if you google hard)
punkman: you know what's a fun read, those 500 page Visa PDFs explaining all you ever wanted to know about credit cards
punkman: wait, I mean no fun at all
mircea_popescu: "all you never cared to know about idiotic topic #345789348975 and therefore you didn't ever ask"
assbot: [HAVELOCK] [VTX] 2 @ 0.29999998 = 0.6 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.1226 BTC [+]
assbot: [BTCTC] [COGNITIVE] 60 @ 0.1226 = 7.356 BTC [+]
assbot: [BTCTC] [COGNITIVE] 10 @ 0.1227 = 1.227 BTC [+]
assbot: [BTCTC] [COGNITIVE] 27 @ 0.1229 = 3.3183 BTC [+]
assbot: [BTCTC] [COGNITIVE] 26 @ 0.124 = 3.224 BTC [+]
assbot: [BTCTC] [COGNITIVE] 13 @ 0.12966 = 1.6856 BTC [+]
ezdiy: and then you have guys like ccbill
Scrat: which is mostly bullshit
punkman: perhaps you mean 20% attempted frauds
punkman: which they don't let through
Scrat: I had to do the PCI compliance thing once, had to tick gems such as "- you regularly run antivirus scans on your servers"
ezdiy: punkman: we're talking ultimate costs
ezdiy: punkman: sure the chargeback dont get through, the fraud rate is like 0.1-3% tops
ezdiy: but actual costs are *much* higher
punkman: yes the merchant gets a fine for each chargeback
Namworld: the merchant shouldn't get the fine...
mircea_popescu: if i ran visa everyone to ever lose a card would be fined $500
ezdiy: they're to motivate to filter out fraudulent customers
Namworld: the merchant should get a huge fine IF it is found they frauded someone.
Namworld: Oh, from Visa's point of view, sure, they should
ezdiy: ie you'll not survive the outrageous fees (supposedly up to $250) if you cant filter abuse
mircea_popescu: "Police in New Jersey are on the hunt for the criminal behind the theft of $100,000 of hamburger patties"
Namworld: It's the easiest way to tax merchants on handling complaints.
Namworld: damn... nutella/burger patties sandwiches?
punkman: or maybe the merchant should fine Visa for letting their cards get stolen
ezdiy: punkman: thats what 3d-secure is for
ezdiy: never pay with 3d secure :)
ezdiy: (its the small print that fraudulent costs are passed on you, since uh, its 3d and secure, thus cant be stolen)
gribble: smickles was last seen in #bitcoin-assets 6 days, 18 hours, 38 minutes, and 36 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
MJR_: where has smickles been?
assbot: [MPEX:S.DICE] 1D: 0.0027 / 0.00300501 / 0.003289 (23267 shares, 69.92 BTC), 7D: 0.0027 / 0.00285732 / 0.00333333 (218637 shares, 624.72 BTC), 30D: 0.0027 / 0.00350541 / 0.00599987 (1764568 shares, 6,185.54 BTC)
gribble: BTCUSD ticker | Best bid: 140.50125, Best ask: 141.57000, Bid-ask spread: 1.06875, Last trade: 141.57000, 24 hour volume: 247211.87558680, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 174.53931
MJR_: ah, congrats to him, i hope
error4733: Hahaha : 24 hour low: 105.00000, 24 hour high: 266.00000 Welcome in BTCLAND
mircea_popescu: i like that word, it clearly shows what's needed for making people smarter.
MJR_: To give you an idea of how impressive things were here are some numbers that we would love to share with you guys: - The number of trades executed tripled in the last 24hrs. - The number of new account opened went from 60k for March alone to 75k new account created for the first few days of April! We now have roughly 20,000 new accounts created each day.
MJR_: yes, gox, you were very "impressive" yesterday
MJR_: this is their "PR" from yesterday
MJR_: again, victim of our own success
MJR_: cuz obvs they are teh best...l33t
error4733: cmon :D stop kidding me before my coffee
ezdiy: i think mtgox pr money is well spent
ezdiy: kudoz to their copywriter
MJR_: the egos on these guys...
MJR_: we were directly responsible for a panic that resulted in a drop of over 50%...we are just that good
ZedsterX: Maintenance Over however we are now under a DDoS attack.
MJR_: (they actually claim that they caused the panic sale due to how much volume increased)
MJR_: LOL, keep reloading it eventually will get there
ezdiy: ZedsterX: translation: maintainance takes much longer than expected, but lets play we're the victim here.
MJR_: mircea_popescu: it is hilarious
ezdiy: for two hours in the next 12 to 24hrs
ezdiy: see that right there
ezdiy: that pr guy could be a politician
MJR_: yes, most of you now think of getting screwed as getting "goxxed" but i can make this look good
ZedsterX: it is kinda funny that on gox's twitter they say don't panic network maintance then 8 minutes later we are under ddos
mircea_popescu: ZedsterX it's not lieing if you say stuff that's not true
ZedsterX: they must happy with the spot moved a bit
ezdiy: mircea_popescu: i think the phrase is "wording"
ezdiy: gox is just wording us
ezdiy: maybe bitcoin will transition from cult of getrichquick to cult of personality
ezdiy: kinda like max kaiser being the jesus preaching light of tomorrow, and mircea_popescu the evil guy
ezdiy: preaching bad things for bitcoin
ezdiy: but a lot of followers apparently
ezdiy: max kaiser the polar opossite
ZedsterX: well couldn't have done any worse the current person on that throne
mircea_popescu: yeah, keiser is the polar opposite, inasmuch as clues go.
ezdiy: the resemblance of bitcoin to religious cults is certainly here
gribble: Error: Failure to retrieve ticker. Try again later.
ezdiy: gribble, dont beat the dead horse
KRS1: i bet many a rectum are sore this morning
KRS1: the kind that stinks afterwards
deadweasel: great post. have your readers increased in the last few months? any data on that?
kakobrekla: 12:58.00 ( coinmaster ) [Stamp] BTC 75.000 USD (-63.990 USD)
gribble: Error: Failure to retrieve ticker. Try again later.
Scrat: looking at the emails, probably
gesell: anyone done whale watching on the orderbooks recently?
ThickAsThieves: i can tell ya change password is broken in gox right now
error4733: emails list from 2011 hack !? #itspossiblyascam
taub: i think its kinda funny how butthurt lew rockwell is about bitcoin
taub: or that he doesnt take it seriously
taub: well time will come :(
mircea_popescu: if anyone want to contribute to the 1btc fund 1KSHjG4etUA1gBdpKRecoRbmxv4N2TLyFM
mircea_popescu: ima send them the brain wallet and publish the results.
KRS1: mircea popescu did call it spot on..for a while now. sure goes along with what i've mostly noticed in life: too much of a good thing is usually not a "good thing".
gesell: mtgox might just be ddos'ing themselves so that all that new fiat coming into the exchange via wire for new users that wont want to spend it on btc anymore can be put in a low interest bank account by gox to make them rich
error4733: brainwallet doesnt work with Porn relative password MP
mircea_popescu: ok i can't get a usable address with brainwallet.org. all the addies it outputs are broken
ThickAsThieves: what is this? 1d5951f6a04dd5a287ac925da4e626870ee58d60
error4733: when you DL the wep page to make paper wallet offline
mircea_popescu: not a single address i generate works. what the fuck is this ?!
error4733: you need to make the sum, to see if its the right
error4733: 1HiZZ1YbP6tBgEXvo1RMs3jWfbBswq7Yeg
pgp: morning - more volatility overnight i see...
error4733: mine was un test !! dont send any money
pgp: if only people would listen
mircea_popescu: as long as they can afford to pay all fines bitcoin may throw at them for it.
assbot: [MPEX] [S.MPOE] 681 @ 0.00070306 = 0.4788 BTC [-]
MJR_: that is how i see it
MJR_: there is nothing anyone "should" do, they do whatever they want...the market sorts it out, but there are smarter and dumber things to do
MJR_: if you look at it from the "i kan haz monies" perspective
ThickAsThieves: heheh i'm confused, is money still needed for anonymous wallet?
pigeons: i guess not for an empty wallet
mircea_popescu: ThickAsThieves never was needed. just, if anyone wanted to add
gesell: how to whale watch the asks on the orderbook:
gesell: curl -s
https://data.mtgox.com/api/2/BTCUSD/money/depth/full | python -c 'import sys,json;data=json.loads(sys.stdin.read()); print data["data"]["bids"]' | awk -v RS='{' '{print}' | tr -d '[]{}' | egrep "price_int': u'[1-9][0-9][0-9]{6}'," | egrep "amount': [1-9][0-9]{3}\." | awk '{print $2 $5 $6 $9 $10}' | sed "s/u'/ /g" | sed "s/[',]//g" | sort -n | cut -b 2-11 -b 18- && date +%s
pgp: anybody know how the ticker on #bitcoin-market works? seems like the most reliable ticker out there, no?
sturles: Right.. You know it would be simpler to just use python for all of this? Or awk? At least give both sed commands to the first instance, instead of forking twice just for that!
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7699 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7699 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
Scrat: pgp: it pulls data from bitcoincharts
gesell: sturles: feel free to change it. i just got lazy and actually executing python from the command line was total hell to figure out. (cant really do a "if-else" on it)
Scrat: the joy of significant whitespace languages
pgp: so bitcoincharts api was unaffected yesterday? really?
pgp: seems like many others realy in bitcoincharts were hosed yesterday...
Scrat: well why not, it's static data and you can cache it effectively
Scrat: it went down a few times
gribble: BTCUSD ticker | Best bid: 162.13873, Best ask: 163.00000, Bid-ask spread: 0.86127, Last trade: 162.13873, 24 hour volume: 247191.76866132, 24 hour low: 105.00000, 24 hour high: 266.00000, 24 hour vwap: 172.81754
gesell: Scrat:could always revert to perl but then i'd probably start puking involuntarily
pgp: anyone know of a historical repository for this data that doesn't require me to grab individual exchange json's from bitcoincharts for tiny intervals that won't return most of the time anyway?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
pgp: right, that's what I thought, but #bitcoin-market seemed to be chugging along...
pgp: eskimobob - orderbook is only avail through api... go to clarkmoody.com to see it
TradeFortress: EskimoBob, you can also trade $0.001 USD via API but not via site :P
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1019 BTC [-]
gribble: A market order to sell 3000 bitcoins right now would net 437428.6661 USD and would take the last price down to 140.0000 USD, resulting in an average price of 145.8096 USD/BTC. | Data vintage: 74.3326 seconds
gribble: A market order to buy 3000 bitcoins right now would take 508573.6610 USD and would take the last price up to 174.9900 USD, resulting in an average price of 169.5246 USD/BTC. | Data vintage: 108.0862 seconds
unbalanced: MP, other assembled Brainiacs... Is the only alternative to Mt. Gox to switching to other traditional (centralized) exchanges, one of which will swell to 80% eventually? Or is decentralized exchange somehow possible?
pizzaman1337: yeah, what's the volume on localbitcoins anyway?
mircea_popescu: i don't honestly think we need much more or anything other than this.
unbalanced: ...says the guy who expects users to grok commandline gpg
mircea_popescu: i expect people who don't to have somebody who does do their investi9ng for them.
mircea_popescu: something along the lines of, "if you're too drunk to stand no way you're driving"
unbalanced: Putting bitcoin stocks/bonds/options aside for a sec, if I just think of buying and selling bitcoins P2P... How do we put a web interface on distributed trust?
unbalanced: That is an excellent start... but only a start. I guess that's the logical one to build on though.
unbalanced: e.g. have the bids and the asks up like a "normal" exchange but when you transact, you're not trading on an exchange, you're dealing direct with the counterparty after vetting their WOT rating, etc.
TradeFortress: unbalanced, wont work because some payment methods have higher premiums
unbalanced: (and the dudes selling code or the gambling links are tucked aside into other tabs)
unbalanced: I see the orderbook is JSON, that's good
unbalanced: What do you guys think of Ripple? Does it accomplish this?
gesell: wtf is this order on the ask book: u'stamp': u'1360289097384960', u'amount_int': u'100000000', u'price': 13370133701337, u'price_int': u'1337013370133700096', u'amount': 1
gesell: this is some strange shit. orderboook flipping out sometimes
gesell: i guess its normal actually
gesell: a user could say they want to sell for 133713371337.00 USD
unbalanced: Gox would probably fill it under conditions like yesterday
assbot: [HAVELOCK] [VTX] 2 @ 0.29999998 = 0.6 BTC [+]
jurov: iirc bitcoin.de works that way
deadweasel: unbalanced: go build a tabbed version. tabs for payment method, tabs for gambling, dev for hire, etc...
pizzaman1337: 15.6k bets unaccounted for with S.DICE? uh oh...
pizzaman1337: I don't think that's possible, the severs that handle the transactions aren't public-facing, right?
mircea_popescu: looking at that list pizzaman1337 it seems they mostly have profits ?
pizzaman1337: yeah, it seems pretty clear that the problem is not that they ran out of money
mjr_: time to sell everyone, who cares the price
mjr_: shhh, no facts right now...i want to pick up sdice at .001 ;)
Bugpowder: mircea_popescu: So are you going to tweak the mpoebot so it doesn't sell calls for over 1BTC?
mircea_popescu: if it wants to charge over 1 btc per who am i to argue.
Bugpowder: maybe I will undercut the bot and sell for 1.05
deadweasel: i must say, it was very nice to have the passthroughs operating normally yesterday.
deadweasel: i don't know how they did.... jurov, where did you get your vwap yesterday?
deadweasel: i thought bought was not serving an $avg
bitesak: but you had to get in relatively early
Bugpowder: To my best knowledge, every firm with an algorithmic/HFT division has presence in multiple Bitcoin exchanges.
Bugpowder: every firm with HFT doesn't give a shit about bitcoin
jurov: deadweasel, coinbr caches its wvap for some period if bitcoincharts returns an error
kakobrekla: well the part that bother me most is 1h lag and hft
deadweasel: ^ yeah, i don't see how anything in btc could be considered HFT...
gesell: current version of whale_watchers script:
deadweasel: the infrastructure to do so successfully doesn't seem to exist yet...
gesell: $ whale_watchers.sh bids
gesell: goxlag 4.207002 seconds
gesell: 1365641026 price:110.20001 amount:1179.6732
gesell: 1365679001 price:132.77758 amount:2011.6502
gesell: 1365684834 price:130 amount:1172.13926341
gesell: 1365684902 price:120 amount:1866.58691101
gesell: 1365684937 price:100 amount:1129.38763907
gesell: 1365685100 price:110 amount:1595.50795395
gesell: 1365685337 edge:144.4/146.5
gesell: forgot we dont have \n in these parts
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.7541 = 1.5082 BTC [-]
mircea_popescu: <Bugpowder> every firm with HFT doesn't give a shit about bitcoin <<< ya well, kids and clues seldom meet.
mircea_popescu: According to a Businessweek source, Foursquare netted just $2 million in revenue in 2012
gribble: BTCUSD ticker | Best bid: 143.81830, Best ask: 146.00000, Bid-ask spread: 2.18170, Last trade: 146.00000, 24 hour volume: 247441.18891750, 24 hour low: 105.00000, 24 hour high: 259.98000, 24 hour vwap: 169.88239
gribble: krs1 was last seen in #bitcoin-assets 1 hour, 39 minutes, and 55 seconds ago: <KRS1> lol
unbalanced: jurov: ah, bitcoin.de is exactly the sort of thing I was thinking of, thanks!
gribble: krs-1 was last seen in #bitcoin-assets 17 hours, 3 minutes, and 27 seconds ago: <KRS-1> this would be a scotch day
unbalanced: I saw that a year or so ago and forgot.
unbalanced: Well, it's close. Still acts as a trustee... hrm.
assbot: [HAVELOCK] [VTX] 1 @ 0.29999998 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.39 BTC [+]
gribble: MtGox lag is 49.296595 seconds. During this time, light travels 0.0987898244278 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU).
unbalanced: jurov: the bitcoinforums.com SMF Trader System stuff, feedback, etc... is P2P exchange the idea of that too?
unbalanced: You may want to snag the plural of that domain and redirect it to the singular. Assuming it's your site... I can't keep track of all you guys.
jurov: unbalanced idk, ask them directly
ThickAsThieves: does $avg show the confident vwap that mpex options works from?
taub: just hit 111 on btce
gribble: BTCUSD ticker | Best bid: 125.00000, Best ask: 126.90000, Bid-ask spread: 1.90000, Last trade: 129.00000, 24 hour volume: 257385.98098882, 24 hour low: 105.00000, 24 hour high: 259.00000, 24 hour vwap: 167.96454
ThickAsThieves: mircea_popescu does $avg show the confident vwap that mpex options works from?
gribble: MtGox lag is 142.335422 seconds. During this time, light travels 0.285238592021 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one month (0.2988 AU).
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.2 = 0.4 BTC [+]
error4733: just a nice april fool for 10 days
gribble: Error: "goxlax" is not a valid command.
gribble: MtGox lag is 268.171906 seconds. During this time, light travels 0.537413497022 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU).
gribble: MtGox lag is 282.241931 seconds. During this time, light travels 0.565609669586 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU).
taub: I dont know why it didnt take down price further
assbot: [HAVELOCK] [VTX] 4 @ 0.29999998 = 1.2 BTC [+]
taub: how can i see these
taub: when websocket is down
taub: all this incompetence leaves so much room for conspiracies lol
gesell: whales are gone almost
taub: what feed do you watch Bugpowder
taub: clarkmoody working smoothly for you?
gesell: Bugpowder: where did you see this?
assbot: [MPEX] [O.USD.P122T] 1000 @ 0.07047095 = 70.471 BTC
taub: @MagicalTux> [22:43:25] <n5> pu everything into ram and everything will be ok <- new db serv has 128GB ram
taub: write shit software, buy more hardware
taub: but at least they are doing SOMETHING
TomServo: @MagicalTux | Ad0: sweating right now
Scrat: entire db fits in 1 GB
Scrat: buy 128 GB, that oughta solve it
taub: very nice error4733
Bugpowder: no feeds are working well for me again
KRS-1: what effect does this have on btc-e when i try to buy btc there..seems like price is behind about 10 mins..but lower in price than the charts report
gesell: two 2k whales holding at 110&100, two others at 140&180
KRS-1: is it going up yet
assbot: [MPEX] [S.DICE] 1275 @ 0.0029486 = 3.7595 BTC [+]
assbot: [MPEX] [O.USD.P134T] 30 @ 0.25 = 7.5 BTC [+]
KRS-1: time to make some money girls
Scrat: cant see that 110 floor lasting for long
KRS-1: so like..i can buy at $108 on btc-e
gribble: BTCUSD ticker | Best bid: 114.13545, Best ask: 118.80000, Bid-ask spread: 4.66455, Last trade: 118.80000, 24 hour volume: 264889.76286140, 24 hour low: 105.00000, 24 hour high: 258.50000, 24 hour vwap: 164.91260
KRS-1: scrat: meaning up or down from there?
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.00322 = 0.322 BTC [-]
gribble: MtGox lag is 486.069431 seconds. During this time, light travels 0.974077697419 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
Bugpowder: bot always goes down when you need it
Scrat: yeah that 128 GB sure helped, lol
KRS-1: people are greedy..they just waiting.
taub: i dont think we're gonna get below 50
taub: but 100-70 seems likely
taub: 1:1 extention of the first downmove lands it at $29
gribble: MtGox lag is 506.639759 seconds. During this time, light travels 1.01530040441 AU. You could have sent a bitcoin from the Sun to Earth (1 AU).
gribble: BTCUSD ticker | Best bid: 118.80000, Best ask: 122.98700, Bid-ask spread: 4.18700, Last trade: 122.98700, 24 hour volume: 267142.03759412, 24 hour low: 105.00000, 24 hour high: 258.50000, 24 hour vwap: 164.36507
taub: are you expecting a rapid change?
taub: you keep doing that
ThickAsThieves: "Market cooldown, order placing suspended until 2013-04-12 11:00:00 UTC"
KRS-1: more sells after that im sure
taub: mtgox is killing itself
taub: better than any ddos
mircea_popescu: so i am guessing next is the announcement of "mpoe-pr was right all along, we were running fractional reserve,
ThickAsThieves: [10:07] <ThickAsThieves> "Market cooldown, order placing suspended until 2013-04-12 11:00:00 UTC"
gesell: oh you guys are just joking
taub: wouldnt be surprised mp... they have been spewing some incompetent shit in their announcments
Bugpowder: Market cooldown, order placing suspended until 2013-04-12 02:00:00 UTC
gesell: oh internet, i love you so
taub: it was rising on mtgox too before they shut down
jcpham: i trust weexchange.co but you'll have to make the market
jcpham: not even sure if public
jcpham: verification you upload the docs yourself
gribble: MtGox lag is 1.735291 seconds. During this time, light travels 0.00347750373471 AU. You could have sent a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
taub: how is it lagging without trades?
lippoper: heard they were taking it offline for server upgrades
taub: they are bullshitting you, how is there lag
taub: lag counter is directly derived from orders...
gribble: MtGox lag is 1.222528 seconds. During this time, light travels 0.00244993242389 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
taub: maybe people canceling orders
gribble: Current Blocks: 230820 | Current Difficulty: 7672999.920164138 | Next Difficulty At Block: 231839 | Next Difficulty In: 1019 blocks | Next Difficulty In About: 6 days, 7 hours, 54 minutes, and 2 seconds | Next Difficulty Estimate: 9084557.01163 | Estimated Percent Change: 18.39642
Bugpowder: all the bids are going to be vaporized when we come up
Bugpowder: hopefully the 52 and below will get filled
Bugpowder: I'm leaving some up for the possible crash and rebound bounce
ThickAsThieves: so now is the outside market gonna use gox orderbook for reference? hehe, ...
gesell: MagicalTux: "So, today I would like to inform everyone that DDoS that began earlier in the day was quickly mitigated by our new hardware upgrades. These included adding another Linux server with 128GB of memory! to our already existing Pentium Pro servers. However, despite these improvements once again our own suscess caused a massive sell off as tons of new users added to MTGox decided to crash the market by not buying any bitcoin"
gesell: "Due to this continued success we will be suspending the exchange for a few hours so that everyone has time to open a bottle of chapagne"
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+]
taub: However, despite these improvements once again our own suscess caused a massive sell off as tons of new users added to MTGox decided to crash the market by not buying any bitcoin"
taub: did he really write that?
Scrat: taub: u dun goofed
mircea_popescu: the funny part is where everybody readily mistakes it for the original.
taub: could've been him lol
Namworld: he did halt trading on MtGox tho
Bugpowder: is the order book updating to show cancellations?
deadweasel: I've been pointing to the bitcon-otc order book to everyone freaking on bitcointalk.org..
deadweasel: hopefully they see that they can still trade.
assbot: [MPEX] [S.MPOE] 7900 @ 0.00069713 = 5.5073 BTC [-]
gesell: put it on redit (as a lie)
gesell: my possition is still all held in BTC, still. But I dont care, this has to change
Bugpowder: (2013/4/11) Market Cooldown: Orders will not be accepted for the moment as we need to upgrade our database to accommodate the trading volume. However, you may still cancel your pending and open orders. Trading will resume at 11.00 am JST.
gribble: There are currently 92569212 bitcoins demanded at or over 0.0 USD, worth 7168972.79161 USD in total. | Data vintage: 0.0081 seconds
gesell: wow, people on reddit are pretty gulable
Namworld: so much for trying to stop the crash...
gribble: There are currently 0 bitcoins offered at or under 72.0 USD, worth 0.0 USD in total. | Data vintage: 17.1812 seconds
KRS-1: think this will be permanent or is this our new reality never to see > $100 again
lippoper: ;;eightball will we see 200 again?
soypirate: so much for gribble's magic eightball
lippoper: ;;eightball will the market stabilize around $150?
error4733: ;;eightball Pirate40 refund every1
Namworld: ;;eightball Will we see 1 cent per BTC this month?
KRS-1: ;;eightball does Lippoper have any chance of getting laid?
Namworld: ;;eightball Will we see 1 USD per BTC this month then?
Namworld: ;;eightball Does the bubble pops?
gribble: One would be wise to think so.
lippoper: ;;eightball and anyone, should I buy in at $100/btc ?
Namworld: eightball is very accurate overall
gribble: Error: "eighbtall" is not a valid command.
lippoper: ;;eightball Should I buy in at $100/btc ?
Namworld: 90% accuracy. So much for generic statements
lippoper: ;;eightball Are you sure, I shouldn't buy in at $100/btc ?
error4733: ;;eightball will satoshi nakatomo come back one day ?
gribble: You know the answer better than I.
lippoper: ;;eightball so I should buy in at $100 per btc, right?
gribble: The answer is certainly yes.
gribble: You know the answer better than I.
gesell: "eightball: satoshi will arrive in a cloud of glory and be welcome by all with eculiptus leaves IF mtgox lag is <120.000 ELSE he will come with vengeance and scorn and smite all those that placed their faith in the magic of the tux"
error4733: ;;eightball satoshi will arrive in a cloud of glory and be welcome by all with eculiptus leaves IF mtgox lag is <120.000 ELSE he will come with vengeance and scorn and smite all those that placed their faith in the magic of the tux
gesell: ;;eightball WILL satoshi will arrive in a cloud of glory and be welcome by all with eculiptus leaves IF mtgox lag is <120.000 ELSE he will come with vengeance and scorn and smite all those that placed their faith in the magic of the tux?
gribble: MtGox lag is 5.763025 seconds. During this time, light travels 0.011549037574 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
lippoper: how many hours until Gox is back online?
Bugpowdurr: all those cancellations need to update the other ordrs
KRS-1: what do the order books look like
lippoper: These stupid bots, keep buying for decimal points higher, then the price increases super slowly, and others sell much lower, then bot panic sells and the other bots make this shit worse, it's like microphone feedback when you have more than one mic in the room.
assbot: [BTCTC] [COG.F] 1 @ 2.49 BTC [+]
mpexbot: mircea_popescu: O.USD.P500T Bids: ['1000 @ 2.11888746']
mpexbot: mircea_popescu: Asks: ['1000 @ 19.24887621']
mpexbot: mircea_popescu: O.USD.P161T Bids: ['1000 @ 0.13213399']
mpexbot: mircea_popescu: Asks: ['1000 @ 1.79400702']
assbot: [BTCTC] [S.DICE-PT] 340 @ 0.0032 = 1.088 BTC [+]
gribble: BTCUSD ticker | Best bid: 120.00000, Best ask: 123.40098, Bid-ask spread: 3.40098, Last trade: 120.00000, 24 hour volume: 262114.69964268, 24 hour low: 105.00000, 24 hour high: 255.00000, 24 hour vwap: 162.35695
taub: looks like btc from gox just hit btce
KRS-1: when to buy..when to buy...
lippoper: It would pretty much be impossible to come back from this
lippoper: All of the idiots thinking Anonymous hacked Mt.Gox is causing everyone to sell everything.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7551 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.755 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7541 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75402 BTC [-]
lippoper: Sell now before they get your account info and make off with your money, they are saying.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75401 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.753 = 4.518 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.75202 = 1.504 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75201 BTC [-]
KRS-1: what do the order books look like
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.751 = 1.502 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7501 BTC [-]
KRS-1: it was the sheeple that put the price where it was
gribble: BTCCAD ticker | Best bid: 118.89825, Best ask: 125.32470, Bid-ask spread: 6.42645, Last trade: 114.00000, 24 hour volume: 903.89633115, 24 hour low: 106.20810, 24 hour high: 254.66214, 24 hour vwap: 167.03981
pigeons: doing pretty well at virtex
KRS-1: going back up on btc-e
lippoper: that's because btc-e implemented a verification process in order to stop the Goxers from panic selling all of their BTC on there.
topace|2: so wait, mtgox halted trading to "let things cool off" ?
ThickAsThieves: "Trading is halted until 2013-04-12 02:00am UTC to allow the market to cooldown following the drop in price. Read more details on the support."
Doffx: Wow, thats so bad.
topace|2: "we have lots of money held in bitcoins, so we dont want the price to go down anymore, so we're halting trading"
taub: the worst is that they think it helps
taub: if they think price is irrational they should buy up themselves
taub: isntead of holding trading
Doffx: Yeah, why would they need to
Doffx: The users bring the money and btc
lippoper: well, bigger price value == more money in exchange fees, same percentage, bigger cuts.
Doffx: They shouldnt have to carry much on hand
pigeons: of course it has nothing to do with price, all to do with lack of techrastructure
punkman: someone should halt MagicalTux from talking
gribble: (title <url>) -- Returns the HTML <title>...</title> of a URL.
ThickAsThieves: i think the problem is they simply made too much money to give a shit about anything
taub: hilarious how people go DONT SELL Y OU ARE KILLING IT on the btce chat
gribble: PSA: Bitcoin's survival and long term prospects depend on MtGox getting killed.
taub: if we all close our eyes maybe it wont happen!
Scrat: btc-e is great entertainment right now
taub: "pice of shit scamsite"
pigeons: there hasn't been a buying opportunity like this in several days!!
gesell: no worries, max keiser is going to save us
ChaangNoi: at least that will stop the weekend dip, lol
taub: people will just rush to other exchanges...
taub: you can still withdraw
DeaDTerra: Bitstamp is currently trading at 79$
gesell: ChaangNoi: where are you seing this 36 h?
taub: this is like open outcry ;)
jborkl_: Trading is halted until 2013-04-12 02:00am UTC to allow the market to cooldown following the drop in price. Read more details on the support. Additionally trading fees will not be charged within 48 hours of trading resuming (until 2013-04-14 02:00am UTC).
mircea_popescu: <taub> you can still withdraw <<< you can still withdraw YET
taub: why you think they run fractional reserve tho?
assbot: [MPEX] [S.MPOE] 12586 @ 0.00070215 = 8.8373 BTC [+]
ChaangNoi: $79.. that is some panic selling i guess
assbot: [MPEX] [S.MPOE] 4019 @ 0.00070306 = 2.8256 BTC [+]
assbot: [MPEX] [S.MPOE] 7187 @ 0.00071567 = 5.1435 BTC [+]
punkman: there was $70 on bitstamp for a moment yesterday
assbot: [MPEX] [S.MPOE] 8600 @ 0.00071589 = 6.1567 BTC [+]
assbot: [MPEX] [O.USD.C095T] 40 @ 0.27621517 = 11.0486 BTC [-]
taub: dont think i can recommend bitfloor yet
taub: i love their fee structure, but they are too instable and small time
gesell: think about this for one second: even if there were enough people wanting to buy at this low price, they wont even be able to because of the time it takes to wire money in to another exchange. However, those wanting to sell can get their BTC more easily to another exchange. So for the next 24h, it will be a sellers market on
Doffx: You know mircea_popescu, I think the loss people may or may not get tells the lesson much better than calling people newbs.
assbot: [MPEX] [O.USD.C116T] 20 @ 0.18251672 = 3.6503 BTC [+]
damientrog: damn I wish funds left on btc-24 to buy
joecool: Doffx: where's the fun in that though?
assbot: [HAVELOCK] [VTX] 3 @ 0.3 = 0.9 BTC [+]
mjr_: so mt gox has suspended trading?
assbot: [HAVELOCK] [VTX] 1 @ 0.3 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.3 = 3 BTC [+]
assbot: [HAVELOCK] [VTX] 15 @ 0.3 = 4.5 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.3 = 3 BTC [+]
assbot: [HAVELOCK] [VTX] 16 @ 0.31 = 4.96 BTC [+]
assbot: [HAVELOCK] [VTX] 20 @ 0.31 = 6.2 BTC [+]
Doffx: I dont know, I dont find fun in telling people I told you so either.
Doffx: No, nobody has to.
gesell: suprisingnly the volume on bitcoin-24 still seems level
mircea_popescu: Doffx if everybody shuns this responsibility we just get us-style systemic failurer.
mircea_popescu: "nobody has to tell americans they're lazy stupid and fat"
Doffx: Educating people, and building each other nets better results, but we never do that.
mircea_popescu: just let them fritter away into nothingness and then starve. sure.
bgupta: mircea_popescu: So you've called folks out for having price too high and not selling. Is there a plan for the inverse? "Guys bitcoin should not be selling below $2, please stop selling." ;)
mircea_popescu: Doffx THIS is education. education begins and ends with telling stupid people they are stupid
mircea_popescu: and forcing them to interiorise this, AGAINST their will.
Doffx: Sigh.. you assume they are stupid, and not just caught up in some weird BTC euphoria, emotion trumps rational thought.
gesell: but i have to take a break
gribble: MtGox lag is 8.984516 seconds. During this time, light travels 0.0180048694683 AU. You could have sent a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU).
joecool: it lags while doing nothing
evoorhees: hey guys, ready for another crazy day on the markets? lol
assbot: [HAVELOCK] [SDICE] 1 @ 0.27000101 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.270001 = 0.54 BTC [-]
Doffx: They stopped the market!
Doffx: Now that is "Stupid"
assbot: [HAVELOCK] [SDICE] 1 @ 0.27 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.26013001 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.26013 = 0.5203 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.26011 BTC [-]
pigeons: evoorhees: i was reading about a backlog of satoshi dice payouts, what's that all about?
error4733: *opening curtain, looking at sky first time since 10 days
assbot: [HAVELOCK] [SDICE] 1 @ 0.26013001 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.26011 = 0.5202 BTC [-]
ChaangNoi: btc-e changed from user name to e-mail... i used some random e-mail and i dont know what it is, cant log in... fail...
assbot: [HAVELOCK] [SDICE] 1 @ 0.26013001 BTC [+]
lippoper: GEM from BTC-E chat: "schicksal: MtGox has been suspended by the local japanese authorities for the past 24 hours for inquiry into money laundering via BTC"
evoorhees: pigeons - the site is hung up for an hour or so, that might be what you're refering to
ChaangNoi: lippoper dont quote the troll box here, lol
error4733: omg from btc e trollbox ? quick, SELL
lippoper: ChaangNoi, I forgot to put my ROFL after the quote
lippoper: "Just days ago the total value of bitcoins in circulation hit $2 billion, up from a tiny fraction of that last year. But late Wednesday, Bitcoin crashed, shedding more than 60 percent of its value in the space of a few hours before recouping some of its losses. Critics say the roller coaster currency movements are just another sign that Bitcoin is a bubble waiting to burst."
lippoper: "On Tuesday, the price of a single bitcoin had topped $200. On Wednesday, it hit $266 before a flash crash dragged it back down to just over $100. By Thursday, bitcoins were trading for around $150."
lippoper: "Some may wonder whether Caldwell's coins will one day be among the few physical reminders of an expensive fad that evaporated into the ether -- perhaps the result of a breakdown in its electronic architecture, or maybe after a crackdown by government regulators."
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7443 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7442 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7441 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.744 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7431 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.74 = 2.96 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 12 @ 0.74 = 8.88 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7351 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.735 = 3.675 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.7301 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.73 = 2.92 BTC [-]
taub: right when i sleep crap
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.729 = 3.645 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.729 BTC [-]
ThickAsThieves: [11:47] <+amphipod> Apr11 15:46:30 ripple 0.0001 @ 149.99482125 USD
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.728 = 3.64 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 0.727 = 3.635 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.7261 = 4.3566 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.72602 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.725 = 4.35 BTC [-]
assbot: [BTCTC] [RSM] 1 @ 0.00104 BTC [-]
gribble: BTCUSD ticker | Best bid: 120.00000, Best ask: 123.40098, Bid-ask spread: 3.40098, Last trade: 120.00000, 24 hour volume: 258375.90467927, 24 hour low: 105.00000, 24 hour high: 246.94000, 24 hour vwap: 161.16211
ChaangNoi: at least a got a good box of cigars out of this bubble:)
assbot: [BTCTC] [RSM] 14 @ 0.001033 = 0.0145 BTC [-]
pgp2: holy fuck - afk for 2 hours and this is what happens...
bgupta: So curious.. all the sites that are helping to facilitate RL commerce using btx, seem to rely on exchange values to help set spot exchange rates.. How will these sites operate.. e.g - bitpay
ChaangNoi: funny how btc-e a russian mob site is the large btc usd exchange in operation in the whole world... right now...
gribble: mtgox under Distributed Denial of Competence attack
unbalanced: Virtex dropped to 65 and now up to 100 again
gribble: MtGox lag is 10.913419 seconds. During this time, light travels 0.0218703694833 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU).
pgp2: irc from a cell phone... not so great...
assbot: [MPEX] [O.USD.P140T] 3 @ 0.08275503 = 0.2483 BTC [+]
ThickAsThieves: a drop from 265 to 105 is no sweat, but you go from 150 to 120 and its time to halt trading
error4733: 75K news users in 10 days, if you compare to 100K for ALL 2012, some ppl on MTgox shit some brick atm
Scrat: lol, everything is down
jcpham: we gave up on the exchanges
mjr_: that seems to be the real price
jcpham: if anyone is interested
jcpham: we seem to have agrred on that
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.39 = 0.78 BTC [+]
jcpham: i've been saying for a long time -otc shouldn't exactly base their trades off the ticker
jcpham: seems like a good excuse now
jcpham: these exchanges are fucked
pgp2: maybe we should meetup in regional public places and start some open outcry pit trading..
jcpham: the price is what sellers say it is
jcpham: if the counterparty agrees to it, that's the price
taub: i think this will be a long hurtful downtrend
joecool: gribble *can* base off gox, but majority of trades I do get agreed upon on trade-by-trade
taub: the 2011 crash took almost two years to recover
joecool: taub: things were a lot different in 2011
mjr_: YES open outcry FTW
mjr_: eh, i think we will see gox finally go down
mjr_: and people get some good exchanges
mjr_: that actually are professional
taub: i want a 0% exchange that isn't exploitable >:D
joecool: in the meanwhile MT is sweating and eating pizza while people panic
mjr_: i cannot believe that fucking they said "we are a victim of our own success, look at our impressive numbers"
taub: they have to put some japanese people into pr
Namworld: the MtGox orderbook is MELTING
taub: and be a bit humbler... how about a "we are very sorry"
mjr_: what would their order book be good for?
mjr_: we are sorry for doing serious damage to an amazing community due to our incompetence
assbot: [MPEX] [S.MPOE] 2500 @ 0.00069713 = 1.7428 BTC [-]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00069712 = 1.3942 BTC [-]
mjr_: that would be a nice start
Namworld: they're mostly damaging the speculators tho...
mjr_: i agree...to some extent, but press is not gonna be good
mircea_popescu: <mjr_> we are sorry for doing serious damage to an amazing community due to our incompetence <<< that.
Scrat: Namworld: is there an up to date gox orderbook?
mjr_: bitfinex is still up trading around 120 as well
mircea_popescu: you gave us 1mn a month+ for the past coupla months, we fucked it all up.
Namworld: yes, clarkmoody and bitcoincharts
taub: lmao bitfinex still trading?
Namworld: it's only placing new orders that's suspended
taub: because mtgox is still quoting 120
mjr_: 99 on bitfloor i see
mircea_popescu: taub taht'll be the amusement of the weekend, stuff like bitfinex
mjr_: Trade with confidence on the world's largest Bitcoin exchange!
pigeons: bitfinex is not routing orders to gox, only internally, bid 110 ask 148
Scrat: russia saves the day
mjr_: love the russians today
mjr_: have to appreciate mpex and people who use it
mjr_: no dumping of stocks
pgp2: and bitfinex will liquidate margin positions based on those spreads - lol
mjr_: yeah people losing their shirts today
mjr_: though i see it as 130/130
mjr_: buy buy buy on bitfloor lol
pigeons: mjr_: wait for the actual bids and asks to load, don't just look at the suggestion
mjr_: i am looking directly at the order book
mjr_: or you can look directly at the trades
mjr_: public trades history- last: 122.1
splnkr: ColdHardMetal: are you including MtGox's frozen book?
splnkr: i don't see a lot of arb if not…and if so it's illusory
pigeons: mjr_: my bad, i was reading them reverse order
mircea_popescu: Namworld it srsly doesn't look like it;'s going to go down too badly.
splnkr: oh i see what you mean, at certain points in the day…looks like there are some actors maybe doing it then
Namworld: well they sold for 0.25, decent
Namworld: But not if I can't get more and it keeps crashing...
Namworld: the MtGox mess might hurt BTC badly
Namworld: I think I could have gotten more for them tho...
Namworld: Either way I sold BTC at 250, sold some puts. So much BTC profit
Namworld: I can buyback BTC-BOND in full pretty much
mjr_: lol, its becoming a meme "victim of their own success"
Namworld: Without selling anything from my portfolio
mircea_popescu: do you know who else was a victim of his own success ?
mjr_: do they not realize how easy it would have been to limit trades to 1 btc units? poof there goes prob OVER 90% of your volume, maybe you could handle that
mjr_: that is why most exchanges don't really allow odd lots for everyone
pigeons: thats what virwox did until the recent value increase, now they allow .1 increments
mjr_: well...it is super obvious
mjr_: i don't think they will get the chance to remedy their stupidity
assbot: [MPEX] [S.DICE] 13510 @ 0.0027 = 36.477 BTC [-]
Namworld: I think earnings... people had lots of calls before the crash I think
deadweasel: 227 was last vwap... so any that don't break even there would be profit for mpe
error4733: Sick, 6.5K sold just before MtGox close "hey dude, we gonna switch off for 12h, sold buddy !"
assbot: [MPEX] [S.DICE] 425 @ 0.0029486 = 1.2532 BTC [+]
Namworld: With my gains, I think I should repay my debt
Namworld: and put some aside for longterm...
Namworld: I got plenty left to trade too
Namworld: I think some BTC-BOND holders might be sad tho... they liked my bond...
pgp: mt gox is really not going to trade for the next 9.5 hours... am I reading that right?
gribble: BTCUSD ticker | Best bid: 120.00000, Best ask: 123.40098, Bid-ask spread: 3.40098, Last trade: 120.00000, 24 hour volume: 253681.25852100, 24 hour low: 105.00000, 24 hour high: 236.61711, 24 hour vwap: 159.80297
TomServo: pgp: that's the word on the street
gribble: There are currently 6396.6254 bitcoins offered at or under 170.0 USD, worth 963814.770931 USD in total. | Data vintage: 0.0024 seconds
splnkr: does any other exchange do that?
gribble: There are currently 9319.4263 bitcoins demanded at or over 100.0 USD, worth 999793.039756 USD in total. | Data vintage: 13.8258 seconds
gribble: There are currently 92501115 bitcoins demanded at or over 0.0 USD, worth 6073925.62664 USD in total. | Data vintage: 38.0100 seconds
Namworld: the bids orderbook is melting while people are waiting to be able to sell...
gribble: MtGox lag is 6.568517 seconds. During this time, light travels 0.0131632345232 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
pgp: is gox processing BTC withdrawls?
splnkr: yeah…moved my funds off yesterday when they got all dicey with the order lag. can't be having that
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 123.90251552 / 218.88143499 / 226.22012381 (14550 shares, 2,478.62 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
splnkr: i'm on the hook for about $10 if they evaporate
bgupta: down to "cool the market" funny they didn't do that on the way up. :) Also they claim they will be upgrading to a larger server. (A larger server!! Wow!! Perhaps we can get them a mainframe, because distributed computing hasn't been invented yet.)
splnkr: coming soon, MtSplnkr from my home server
TomServo: bgupta: dude, it's probably like a whole 4U server too
thepuller: mircea_popescu is gox finally getting their shit together?
pgp: commodore 64 to and apple IIe
bgupta: the said they were upgrading to a 128GB RAM machine.. that's a 2U server
Scrat: Apr11 16:38:39 mtgox 4.0000 @ 123.40098 USD
splnkr: a lot has changed since "July 2011"
bgupta: Might even be able to get a 1U server with 128GB
mircea_popescu: splnkr yea, for some values of a lot that are nothing at all.
Scrat: there was a gox trade just now
Scrat: unless amphipod is trolling
Namworld: ok, who wants to buy some puts and at what price?
assbot: [HAVELOCK] [HIM] 2 @ 1.54 = 3.08 BTC [+]
mircea_popescu: ThickAsThieves so then not quite as down as all that ?
splnkr: lol "we're going offline for 12 hours, wait i mean 1.2 hours"
mjr_: i wonder whats going on at that office right now
error4733: MtGox is like a box of chocolates, you never know what you're gonna get
splnkr: in other news, MtGox USD Coupon codes are no longer a thing
mjr_: that was announced a while ago, right?
ThickAsThieves: at least we know there's a good chance he'll die painfully from a hear attack
mjr_: that smacks of fractional reserve
mjr_: ugh...i almost wouldn't mind the illiquidity if they would just go away
splnkr: what would the ideal exchange situation be like? right now it's like we have regional and fragmented and scattered ones
splnkr: we can see the weaknesses of centralization at this point i'd say....
splnkr: but there needs to be some critical mass for there to be volume
splnkr: since lag is such an issue, regional exchanges make some sense
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [+]
splnkr: well ripple is cool for what it is, but it isn't "digital cash" in the same way bitcoin is either
mjr_: hmmm...irrational exuberance, and then irrational panic
error4733: no yet, but the all idea behind is nice
mjr_: from what i can see...not one thing has materially changed about bitcoin in the last few days...
pigeons: hahaha like that ever matters
mjr_: not even a hack this time...
splnkr: if's for the bills and janes of the world that all owe each other small sums…in other words personas they used to design the service that don't really exist =P
mjr_: though think of it..."we crashed the market back in 2011, and we did it again in 2013, care to trade?"
splnkr: but yeah the Ripple apporach maybe could work to make better exchange algorithms
Scrat: the old ripple concept
Scrat: centrally issued currency no thanks
jcpham: mircea_popescu i have just now stumbled on your twitter
bgupta: So how much fiat would it take for a professional organization (think corp/gov) to develop an inexpensive mining ASIC, mass produce it, and run enough to get 51%? (Guessing the biggest issue would be time.) And what real defense does our network have against such an attack?
bgupta: guessing the design and prototype could certainly be developed for < $500,000.
ThickAsThieves: and how do they get approval for that kind of spending?
Doffx: Lol, they need approval?
Scrat: discretionary funding
jborkl_: it would take 10 years just to get the idea signed off on
jborkl_: then 10 x over budget and it doesnt work
Doffx: I would think they could do very quickly, I think they would rather just use it as a tool to outlaw crytpo coins period though
assbot: [MPEX:S.MPOE] 1D: 0.00068433 / 0.00070408 / 0.000716 (215655 shares, 151.84 BTC), 7D: 0.00063322 / 0.00068976 / 0.000716 (1916705 shares, 1,322.07 BTC), 30D: 0.00059218 / 0.00068799 / 0.00077505 (9619968 shares, 6,618.52 BTC)
bgupta: Guessing they'd have to push through NSA, or some other black box budget
Doffx: I think there is a long battle ahead, I dont know who the victor will be but the fight is just beggining.
bgupta: ThickAsThieves: Litecoin has same vuln.
Doffx: Make people feel stupid for making a bad choice, that burn is enough to kill BTC.
bgupta: listen it will be a lot easier to get 100mn budget than to pass a law outtlawing bitcoin.. The problem with outlawing bitcoin, is that it gives bitcoin some credability and noteriety, and wouldn't kill it..
benkay: don't confuse your emotions with economics doffx
Doffx: What am I being emotional about?
joecool: oh yeah that same burn killed gambling too
bgupta: Doffx said it ThickAsThieves
bgupta: Doffx: Make people feel stupid for making a bad choice, that burn is enough to kill BTC.
benkay: feeling stupid about making a bad choice won't kill btc.
Doffx: Now BTC is gambling? I thought BTC and gambling were different.
ThickAsThieves: Warning your compuer mayb be infected and is showing bit-like behavior
Doffx: I was saying that the government could help do that bgupta
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.725 BTC [-]
joecool: ThickAsThieves: you should send them a warning back about tampering with
http connections
assbot: [HAVELOCK] [SDICE] 1 @ 0.32874999 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.32875 = 3.2875 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.32899999 BTC [+]
TomServo: ThickAsThieves: there are a number of ways to avoid that
assbot: [HAVELOCK] [SDICE] 4 @ 0.329 = 1.316 BTC [+]
assbot: [HAVELOCK] [SDICE] 8 @ 0.33 = 2.64 BTC [+]
assbot: [HAVELOCK] [SDICE] 20 @ 0.341 = 6.82 BTC [+]
assbot: [HAVELOCK] [SDICE] 31 @ 0.3415 = 10.5865 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.342 = 0.684 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.345 = 0.69 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.348 BTC [+]
assbot: [HAVELOCK] [SDICE] 25 @ 0.34999999 = 8.75 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.35 = 3.5 BTC [+]
assbot: [HAVELOCK] [SDICE] 52 @ 0.35 = 18.2 BTC [+]
Doffx: I was more trying to point out alternatives to just forking the chain with a 51% attack.
pandnh4: hi, does anyone have a good reading on current btc price as mtgox is not trading?
imsaguy: there is no 'current price'
imsaguy: the 'current price' is whatever price you're willing to buy or selli tat
pandnh4: ok, can you recommend a reasonable price?
bgupta: ok the govt doesn't have to kill it kill it.. just needs to prevent it from becoming a threat
Doffx: Im looking at 5 different exchanges
Doffx: gl finding a good price haha
bgupta: allthough mtgox perhaps will do that for them
imsaguy: phones that hack planes = not dangerous
assbot: [HAVELOCK] [SDICE] 18 @ 0.35 = 6.3 BTC [+]
Doffx: Great, now you wont be able to bring your phone on the plane either.
gribble: EskimoBob was last seen in #bitcoin-assets 3 hours, 23 minutes, and 25 seconds ago: <EskimoBob> look like this party i over
assbot: [HAVELOCK] [VTX] 15 @ 0.31 = 4.65 BTC [+]
splnkr: i like this on the Mt Gox FB page 7 hours ago "Maintenance Over however we are now under a DDoS attack."
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [MPEX] [S.DICE] 100 @ 0.00328798 = 0.3288 BTC [+]
mod6: gox trading haulted until 2AM UTC?
mod6: people blowing me up all fuckin night and day
assbot: [BTCTC] [COG.F] 1 @ 2 BTC [-]
mircea_popescu: "Looks like MtGox not only froze trading but also bitcoin withdrawals, I've withdrawn 4 hours ago prior to trade being stopped and even though it shows the withdraw in my account, there is no record of it in the blockchain whatsoever."
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.3989 = 0.7978 BTC [+]
Lyspooner: i came here to watch mircea_popescu get mad at mt gox
topace: Lyspooner: thats why we're all here
mod6: heheh. im late too the party too. so don't feel bad. :]
Lyspooner: i'm having a very difficult time buying more coins at 250
jcpham: still holding around 100 otc
assbot: [HAVELOCK] [SDICE] 1 @ 0.34999999 BTC [-]
assbot: [HAVELOCK] [SDICE] 30 @ 0.35 = 10.5 BTC [+]
mircea_popescu: funny how the btc that was exchange-crazed flows back to investments.
KRS-1: this rabbit hole goes deep
Lyspooner: Bruce Wagner doesn't belong in that list
assbot: [HAVELOCK] [HIM] 2 @ 1.54 = 3.08 BTC [+]
Lyspooner: i don't think he was conceited or deceitful (in bitcoinland)
mircea_popescu: you know about his entire prior conviction thing right ?
mircea_popescu: seems eerly similar to my taste. judge decided he didn't do anything
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.725 = 7.25 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00305 BTC [+]
evoorhees: as settled as one can be with this crazy market :)
punkman: so exante.eu is not retarded then?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.71 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.37 BTC [+]
Lyspooner: mircea_popescu, what index do your options settle to again? linky
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.705 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.701 = 7.01 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 17 @ 0.7 = 11.9 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.698 = 5.584 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 12 @ 0.697 = 8.364 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 0.696 = 9.048 BTC [-]
Lyspooner: calling it "massive irrational speculation" is very easy to do in hindsight
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.695 = 1.39 BTC [-]
ThickAsThieves: i think a lot of us just didnt realize it would happen on that exact day
Lyspooner: there were several people who called it a bubble at 70, say. Are those people wrong? Why should we only remember the people who got it right, like tiberiusiv?
bVector: mircea_popescu: this asshat at icbit is a market manipulator just like you said
bVector: he's manually clearing his futures to artificially bring the price down to what he thinks is fair price
bVector: I had buy orders in and he cleared it at lowest price of the trading range
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.6903 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]
pigeons: i bought shares in mpoe and was able to sell for a lot more than i bought them for at ipo
pigeons: i bought some more a few weeks ago and sold them all as well
pigeons: so thats not very accurate
pigeons: that's not his bot, that's me
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.75 = 7.5 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 115 @ 0.0033 = 0.3795 BTC [+]
pigeons: i mean i'm the one undercutting your asks
mircea_popescu: "@BryanMicon 9m If anyone wants to sell bitcoins I have a bunch of ppl calling me that want to buy"
assbot: [MPEX] [S.DICE] 175 @ 0.00328797 = 0.5754 BTC [-]
joecool: who knows? lots of idiots on gox with wallets they couldn't transfer out
Namworld: I couldn't get money to btc-e...
joecool: i thought btce was down for abit
ThickAsThieves: they had some sensitive anti-ddos settings that were locking out their own customers for a while
assbot: [HAVELOCK] [VTX] 15 @ 0.302 = 4.53 BTC [-]
Uglux: what happened to price lol
assbot: [HAVELOCK] [VTX] 14 @ 0.3010101 = 4.2141 BTC [-]
Uglux: looks like 2011 just with some more zeros
assbot: [HAVELOCK] [VTX] 16 @ 0.3001 = 4.8016 BTC [-]
lippoper: What the hell is this?
http://www.reddit.com/r/Bitcoin/comments/1c2u1x/operation_foolscoin/ OPERATION APRIL FOOLSCOIN Targets: MtGox, BTCE, Bitcoin24, Bitstamp Mission statement: The recent sell-off was only partially successful for several reasons: Fresh blood looking to buy Overly bullish market Only one exchange targeted April 1st occurs at the end of a bank holiday, fiat will be running low on the exchanges and it is the perfect time
pgp: send money to slovenia- quick!
assbot: [HAVELOCK] [VTX] 6 @ 0.3 = 1.8 BTC [-]
orkaa: i'm already selling my bitstamp dollars to friends
pgp: hard to know how to play this when gox opens...
jborkl_: I have some cash on Gox, I am going to put a big at 15 when it opens
jborkl_: panic dipshits with market orders
deyyo: $50.05 83.04553425 $4,156.43
pgp: you know - I wouldn't be surprised to see it go down to 25-30 and maybe stay there for a little while. Bubble have a funny way of popping...
pgp: pendulum swings all the way to the other side...
KRS-1: u mean the price finding the real avg
KRS-1: mkt. price circa Feb 2013?
pgp: we have a few months of fast money noobs to reset...
pgp: < 50 seems enevitable to me...
pgp: looking at my crystal ball
ThickAsThieves: still possible taht those 15000 in gox q wanna sell not buy
jborkl_: I wonder if it will stil be 100 bitcoins for a avalon, lol
ThickAsThieves: gox just has to last long enough to get my cash out 1k at a time
mircea_popescu: i guess nzhang guy has the chance of his life to show midnightmagic how ethical he is.
pgp: you know, I've alway been suspicious of withdrawl limits - any chance that gox might be having a liquidity crisis or sorts?
jborkl_: We have a announcment- we are pricing avalon in $ now
mircea_popescu: without the smoking gun of them actually not payingh out anymore hard to prove.
mircea_popescu: and they've had periods in the past when thery've held people's 10's of k's for weeks/months just cause
joecool: well it was already easy to fake the order book
mircea_popescu: so it'll be tough toi know they've run off even 3 months after the fact.
joecool: just place lots of orders with an empty wallet
lippoper: ThickAsThieves: now that Mt.Cocks doesn't support Mt.Cocks cash coupons, people are selling out and/or withdrawing their funds from there. If they missed the chance, they are trying to get verified in order to be able to withdraw
lippoper: those thousands of new accounts could be people trying to get their USD out
pgp: definately further downside...
lippoper: Uglux, it only makes sense that they're planning on freezing all the accounts
assbot: [MPEX] [S.MPOE] 4427 @ 0.00071432 = 3.1623 BTC [+]
lippoper: including but not limited to all the currencies and coins in your wallet
mircea_popescu: <pgp> definately further downside... <<< i dunno about this mommentum mindset.
mircea_popescu: at 240 people were "definitely more upside" now "definitely more downside"
Uglux: mircea_popescu, will you tolerate a AM PT?
Rlx: I have a question about bitbet
Rlx: I'm not absolutely sure if i bet on something, where can i check that out?
Uglux: i mean ann ASICMINER passthrough on mpex
mircea_popescu: Uglux passthrough no. if they sign a contract they can be listed like anyone else.
mircea_popescu: afaik everyone running pts already has accounts on mpex anyway so wouldn't be a big deal.
guruvan: [08:13:39] <mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu> mtgox must go. <<< can't tell ya how many times I've heard this today....online and at home
bVector: haha got a reporter talking to me about icbit
bVector: torn between discrediting bitcoin by trashing this exchange or ...
guruvan: I agree - I haven't actually used them for months now
mircea_popescu: i don't think you're discrediting bitcoin by speaking the truth.
Namworld: process the deposit/withdrawal queue please Mircea =P
guruvan: this channel is so much more calm about the drop today...lol - #bitcoin-otc is so full of stressball cases
Namworld: although it's somewhat sad for them, really...
Lyspooner: is there a channel where mention of exchange rates to other currencies gets one banned
Namworld: life savings... divorces and suicides will probably occur...
guruvan: Namworld: you're running one of the Dice PTs on BTC-TC? but not the one on LTC-Global, correct?
guruvan: don't invest more than you can lose peoples
Doffx: Why would they stress out?
Doffx: This happens a lot in BTC
Namworld: Seriously... why do people who never touched/looked at BTC suddenly flock into it AFTER it raised a few hundred percents in value over a few weeks?
Doffx: Guess we have all been through it a few times
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.75 = 6.75 BTC [+]
jborkl_: micrea_popescu , deposit flush
guruvan: I let a client buy into the rally.......I really shoulda hedged her purchase....live & learn
guruvan: but we damn sure won't let clients sell into a bottom feeding frenzy
Namworld: from MtGox freezing trades to "cool off"
Namworld: We're not crashing, we're "cooling off"
mod6: !ticker m O.USD.P500T
assbot: The eagle never lost so much time as when he submitted to learn from the crow.
Namworld: eheh,thought it was about the price crash and people losing money =P
assbot: [MPEX] [S.DICE] 21551 @ 0.00328797 = 70.859 BTC [-]
assbot: [MPEX] [S.DICE] 1400 @ 0.00328798 = 4.6032 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.00328799 = 6.576 BTC [+]
assbot: [MPEX] [S.DICE] 1771 @ 0.003289 = 5.8248 BTC [+]
guruvan: daquq kinda answer was that
kakobrekla: guruvan you been gone for a long time eh
deadweasel: let's all go bet what we have left on sdice, then erik can be stuck with our worthless btc... ;)
assbot: [MPEX] [S.DICE] 3700 @ 0.00333328 = 12.3331 BTC [+]
mircea_popescu: ya i wonder if high volatility correlates with high sdice betting
Doffx: I am honestly curious.
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.75 = 3 BTC [+]
mod6: O.USD.P500T => S => Price: 2474007981 Volume: 1000 O.O
assbot: [MPEX] [S.DICE] 2000 @ 0.00333328 = 6.6666 BTC [+]
mpexbot: mircea_popescu: O.USD.P500T Bids: ['1000 @ 2.39515694']
mpexbot: mircea_popescu: Asks: ['1000 @ 24.74007981']
Doffx: So you are speculating that more people will be thus more profits for april?
guruvan: kakobrekla: gone from IRC - not from bitcoin.....my house has crappy satellite internet, so IRC has been out of the question for a few months
assbot: [HAVELOCK] [SDICE] 20 @ 0.35 = 7 BTC [-]
assbot: [MPEX] [S.MPOE] 3989 @ 0.00070902 = 2.8283 BTC [-]
pgp: just getting uglier and uglier
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.6 BTC [+]
punkman: anyone have some bitstampUSD to sell?
Scrat: can anyone confirm?
assbot: [HAVELOCK] [VTX] 22 @ 0.34 = 7.48 BTC [+]
assbot: [MPEX] [S.DICE] 4570 @ 0.00333328 = 15.2331 BTC [+]
assbot: [MPEX] [S.DICE] 6351 @ 0.00333333 = 21.17 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.76099 = 1.522 BTC [+]
bgupta: Namworld: I'd guess because they hadn't heard of it before.
splnkr: Scrat: i was able to withdraw to Dwolla just now from MtGox
splnkr: they have changed their withdrawal process though and didn't explain it well
splnkr: now to withdraw, first you have to "add a withdraw method" and then wait a while (like overnight) for it to become an option
splnkr: i think people are mistaking the inability to withdraw without going through this process for the inability to withdraw altogether
Scrat: it might be country specific
assbot: [HAVELOCK] [VTX] 6 @ 0.300001 = 1.8 BTC [-]
splnkr: dwolla is only available in us
splnkr: but bank transfer still appears to be an option as well
splnkr: but again you have to "add a withdraw method" with the bank in advance
lippoper: SPLNKR: and have to be verified right?
gribble: BTCUSD ticker | Best bid: 118.95000, Best ask: 124.90000, Bid-ask spread: 5.95000, Last trade: 124.90000, 24 hour volume: 211992.07740389, 24 hour low: 106.10000, 24 hour high: 203.00000, 24 hour vwap: 158.25213
lippoper: (3:32:21 PM) splnkr: Scrat: i was able to withdraw to Dwolla just now from MtGox
splnkr: what is your question about mtgox
lippoper: Do you have to be verified to withdraw using Dwolla today?
bit_nutz_: gribble, where are those prices you just quoted? i'm seeing sub 60 bitstamp, bitfloor, bit24...
jborkl_: they have to have dwolla funds available. they easily could be out and they have to add more
lippoper: bit_nutz_: the ticker is frozen on Gox and gribble is using their frozen data.
assbot: [MPEX] [O.USD.P089T] 2 @ 0.78 = 1.56 BTC [+]
jborkl_: dwolla is only instant if you have funds on dwolla itself
lippoper: jborkl_: b.s. it's much more likely that splnkr is trolling
lippoper: he was talking about withdrawing money OUT
lippoper: and can't even say yes/no if he's verified
jborkl_: yeah, they have to add money to mutum sigglim
lippoper: all assets on mt.gox are frozen, not even btc transfers are actually being done.
pgp: anbody know anything about these exante guys out of malta?
Lyspooner: mircea_popescu: keiser is connected with exante?
splnkr: lippoper: i'm not confused. i explained the situation 10 mins ago you didn't read everything i wrote
pgp: he must have privately sold them their stash of coins, then...
jborkl_: I just sent a small amount of btc to gox, see what happens
mircea_popescu: I'll be speaking at Exante.eu hedge fund conference in Portugal on May 24th. Whatever the price of BTC before this event: double it.
lippoper: @mircea: I think the reports saying they were able to get money/btc out are all fake, trying to prevent the bottom hitting.
mircea_popescu: lippoper ThickAsThieves was saying earlier. i don't imagine he's faking it
lippoper: but he did it right before they actually froze everything
mircea_popescu: I'm working with Exante.eu to broker deals getting London hedge funds into BTC. We've got more than $1 bn. lined up.#KeepMiningWeveGotOrders
jborkl_: after 12 hours and I get 1 confirm- I will report back
gribble: BTCUSD ticker | Best bid: 118.95000, Best ask: 124.90000, Bid-ask spread: 5.95000, Last trade: 124.90000, 24 hour volume: 208554.52358335, 24 hour low: 110.20003, 24 hour high: 203.00000, 24 hour vwap: 158.68466
gribble: MtGox lag is 9.530755 seconds. During this time, light travels 0.0190995263083 AU. You could have sent a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU).
bowjob: i thought he hit 55 dollatrs
ThickAsThieves: you have to click cancel on ONE order and just leave the window alone for a few mins
lippoper: last I checked it, you can only place orders at market price
lippoper: it seems like it'll be DDoS on resume
lippoper: could cause true bottom to hit :-(
lippoper: i'm afraid, very afraid of 10pm ET tonight
Scrat: i am going to fap like crazy
jborkl_: bugpowder will be bust in the trollbox
lippoper: but, all my money just became worthless
lippoper: not ALL, but all the investment money and then some I had
Bugpowder: Well 1, you should have cashed out all the way up
gribble: BTCUSD ticker | Best bid: 118.95000, Best ask: 124.90000, Bid-ask spread: 5.95000, Last trade: 124.90000, 24 hour volume: 207674.53841988, 24 hour low: 110.20003, 24 hour high: 203.00000, 24 hour vwap: 158.78790
Bugpowder: 2) this is going to be an awesome buying opp
bit_nutz: apologies for the rudimentary question: Is gribble a bot or something?
Bugpowder: What about bitcoin has fundamentally changed between 2 days ago and today
lippoper: except, it's apparent market value
bit_nutz: why is he/it quoting bad info?
lippoper: Mt.Gox is frozen, so it's not bad, it's just not what all of the other exchanges are trading at.
Scrat: ;;echo I'm not a bot
gribble: BTCUSD ticker | Best bid: 118.95000, Best ask: 124.90000, Bid-ask spread: 5.95000, Last trade: 124.90000, 24 hour volume: 207018.49103167, 24 hour low: 110.20003, 24 hour high: 203.00000, 24 hour vwap: 158.87151
Bowjob_: Hey how come mt gox is 120 bucks
ThickAsThieves: buyers will be very hesitant to pay more than they need to
Scrat: Bowjob_: dude get with the times... gox froze all trads 6 hours ago
Scrat: Bowjob_: hopefully it is moving to a darker place
ThickAsThieves: so it could run up, but if it does, it will fall right back down
Scrat: like I don't know. a coffin?
bit_nutz: ah, thanks. no offense intended! just asking why :)
mod6: so that's not far off
Bowjob_: I want to see single digits again
pgp: i have to try not drink too much before mt gox opens... 10 PM EST, right...
Bowjob_: I'll buy the shit out of them
guruvan: mod6: yep - that's what I've been looking at the last 24hrs
lippoper: ThickAsThieves, anyone in the know here will be buying up btc in Mt.Gox for cheap, $10-$50 range...
lippoper: Anyone panicking about the bubble burst (most people) will try to cash out as soon as possible for as cheap as possible.
lippoper: Your cheap investment into btc, will be just that, and it might even go lower.
alex12: Hello, where abouts could i look to pickup some FPGA units?
Scrat: lippoper I think it's safe to say that everyone here is in it for the long haul
alex12: lippoper: then how does one obtain them?
Bowjob_: unfortunately i dont have fiat
pgp: seems to me that the denizens of #bitcoin-assets *are* the grownups of hitcoin world...
lippoper: alex12: was talking about when Gox resumes tonight.
lippoper: Scrat: Yes, but how long til we see that $100 figure again?
lippoper: it will open at 120, so first come first serve
alex12: lippoper: sorry, my message was ment for mircea_popescu
lippoper: only time before the asks outweight the bids and the price drops like a stone.
bit_nutz: such big price discrepancies across exchanges...why aren't these getting arb'd away?
lippoper: first thing I'll do when it resumes is sell at $100 and put in a buy order for $25.00
Scrat: few people were setup to arb that sort of volume
lippoper: it'll probably get filled within the hour
gribble: {"ticker":{"high":199.53999,"low":52.999,"avg":126.269495,"vol":7769078.44047,"vol_cur":64617.31679,"last":70,"buy":70.001,"sell":70,"server_time":1365710367}}
Bowjob_: probably not, i mean i think theres lots of idiots
Scrat: btce did today almost 10% of their total volume
Bowjob_: but.. come on man i have faith in my fellow man
assbot: [MPEX] [S.MPOE] 1461 @ 0.00070902 = 1.0359 BTC [-]
Bugpowder: ThickAsThieves: If it falls under 50 it could be really good.
assbot: [HAVELOCK] [HIM] 2 @ 1.65 = 3.3 BTC [+]
pgp: just noticed that BFL's preorder prices for "net gen" products jumped from $20 GH/s to $50 GH/s... Dunno when that happened, but economic of mining are changing fast...
Bowjob_: on ht ebright side. the next bullrun will be
Bowjob_: I'm still wondering if we;re emperor with no clothes
pgp: just sit on your hands folks...
Bowjob_: I mean, I've won the game, money in, profit out
Scrat: yeah it's gox last
taub: tiberiusiv> btce did 50% of mtgox volume today
Bugpowder: <mircea_popescu> your buy and the bot's cancelling hit in the same second. the bot was a few miliseconds earlier. the trade engine correctly identified the trade as going to book. the server you were talking to however did not. [14:09] <mircea_popescu> it's ungodly that it has needed almost two hours to come to sense, there's been a host of syncing issues under today;s load.
taub: i think mp covering his ass
Bugpowder: have reciepts for the options on my inventory for the last hour and a half
Bugpowder: So be aware, a receipt is not always reliable.
Bugpowder: there could be syncronization issues in times of heavy load
Bowjob_: Bakewell might pay his dues now
ThickAsThieves: this is also conveniently when price was dropping this morning, bot was off, yet bitcoincharts was working fine, then bot comes back at 1000000% higher prices
taub: well that is his business
taub: undoing orders is not ok
Bugpowder: what can yah do? I've made plenty of coins off the bot. Maybe its true. The bot did go down shortly after I bot 1000 puts.
pgp: orders get busted irl all the time
Bugpowder: Whether that happened before or after the actual bot cancellation, I have no way of knowing
ThickAsThieves: i still dont see how that matters if you got a receipt
jcpham: the winklevii own 1% of bitcoin
Bugpowder: Was the bot going offline a response to the purchase coming across the ticker here? Or was it just a coincidence?
pgp: guys - equity, option and futures exchanges bust trades for all sorts of reasons everyday all day long...
MJR_: always showing up late to the party
ThickAsThieves: easy answer is mp shut off bot manually to protect puts
mircea_popescu: it hasn't been happening since the january upgrade at all, but then again
mircea_popescu: Apr 11 12:27:12 <mircea_popescu> okay, everyone get your trades through if you were contemplating anything
mircea_popescu: Apr 11 12:27:16 <mircea_popescu> this promises to be a bumpy weekend.
pgp: we deal with occasional race condition-type issues from time to time - happens
ThickAsThieves: but surely your system is gated to only give receipts as proof of confirmed purchase, no?
pgp: unless, of course, you prefer a single threaded, single server solution for your exchange...
Scrat: pgp: which should still be enough, considering modern cpus can do billions of calculations per second
mircea_popescu: sometimes the police batters down your door and you were the wrong guy.
mircea_popescu: material errors happen. my job of course is to keep it to a minimum.
Scrat: even if you add many orders of magnitude of abstraction
pgp: yes, but no redundancy and failover...
pgp: can't run an exchange that way - you can't have single points of failure...
Scrat: pgp: a true multimaster system requires two phased commits
Bugpowder: It's a shame that the bot does not have a timestamped receipt to compare against mine.
Scrat: master/slave can still be done with single threaded setup
ThickAsThieves: wouldnt matter of being the same second causes glitches
assbot: [HAVELOCK] [SDICE] 5 @ 0.34495 = 1.7248 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.34498 = 6.8996 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.34499989 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.345 = 3.45 BTC [+]
assbot: [HAVELOCK] [SDICE] 30 @ 0.35 = 10.5 BTC [+]
pgp: scrat: yes in principal
mircea_popescu: the STAT results will query a db, which will be in a state.
Doffx: I find it somewhat ironic that they store their bitcoin backups at banks
mircea_popescu: it is possible (if unlikely) these days for that state to be messy
pgp: but not all systems have fully integrated STP
jborkl_: mp, sorry to do this again, deposit
mircea_popescu: 's no way to know what happened to the guy's trade when you issue the receipt.
mircea_popescu: receipt just says "we received your order". this isn't really the problem.
mircea_popescu: the problem is the webserver he was directed to for the stat was inconsistent weith the trade engine master
mircea_popescu: the reason it lasted too long is that the server itself was being isolated from syncing through being ddosed to as much as it could take
ThickAsThieves: mp, do you have a log of when the bot vwap lowered from 227.18 yesterday?
Bugpowder: O.USD.P122T : B 1`000 @ 0.07047095BTC (order #8912799)
Bugpowder: However my original order number was lower
Bugpowder: You see, following my 122 order, I placed this order, which did not get filled
Bugpowder: O.USD.P125T : B 1`000 @ 0.08050000BTC (order #8901197)
assbot: [MPEX] [S.DICE] 2159 @ 0.00296405 = 6.3994 BTC [-]
jurov: ThickAsThieves, so you were affected too?
assbot: [HAVELOCK] [SDICE] 9 @ 0.3151 = 2.8359 BTC [-]
ThickAsThieves: i did try to buy puts at the same time as Bug, but I was too late
jurov: yes. but am tired and the scrollback looks hairy
assbot: [BTCTC] [S.DICE-PT] 218 @ 0.0033 = 0.7194 BTC [+]
jurov: so these trades got rofled back?
Bugpowder: I didn't notice this order number discrepancy before
jurov: hmm, coinbr did complain about more inconsistencies than necessary, but looked quite benign
Bugpowder: After the trade rollback, a NEW order appeared with a # that was higher than an order I placed AFTER my fill at 122
MJR_: nice, looks like s.dice is rallying
ThickAsThieves: now i have to go back and audit all my fucking excercises
jurov: anyway, will do thorough check later. but it would help me if anyone who did anything in coinbr during that time
jurov: checked their history
jurov: it will help me not to have a mess in books eventually
jurov: ThickAsThieves, what?
ThickAsThieves: i just mean that we make plenty of reasonable requests and suggestions that end up being painted as absurd of they conflict with mp's original decision
guruvan: ++ ThickAsThieves ;) not pliable....but consistent.
jurov: not going into that discussion now... see ya later
guruvan: seems everyone's trade engines were hosed yesterday..I know I should audit my trades
mircea_popescu: for one thing the 100msecond lag is getting on my motherfucking nerves.
mircea_popescu: i get that it's way lower than mtgox ever manages, but still. ridoinculous.
ThickAsThieves: i have real trouble understanding why a receipt cant be the last thing that happens in the chain
bVector: mircea_popescu: you're closer than I am, how much would it take to get you to kick icbit admin in the nuts?
bVector: everyone has their price right? ;)
assbot: [BTCTC] [CRYPTO-TRADE] 42 @ 0.2 = 8.4 BTC [+]
guruvan: I am so glad I closed out my positions there last week
jcpham: i signed up for coinsetter and sent a witty message
jcpham: he says they are legit
jcpham: his name is jaron iirc
guruvan: I've had a chat with him in email - everyone sez that
pigeons: oh well if the ceo says he's legit, its gotta be true
jcpham: it's th new bitcoinica pigeons
guruvan: coinsetter = leveraged trading of some sort
jcpham: if you think things are wild now...just wait
pigeons: chinese relic hunters be ready
guruvan: he said he's on the forums & recognized my name - but I didn't recognize his
guruvan: and he didn't specifiy a nick
guruvan: their site was broke when I went there at first...tweeted about that, and he responded to the tweet & sent mail
assbot: [BTCTC] [S.MPOE-PT] 100 @ 0.000688 = 0.0688 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 100 @ 0.000688 = 0.0688 BTC [+]
assbot: [HAVELOCK] [VTX] 1 @ 0.31 BTC [+]
jcpham: mircea_popescu's twitter is off the charts lulzbot
jcpham: gonna have to follow him for sure
assbot: [HAVELOCK] [VTX] 1 @ 0.3031 BTC [-]
MJR_: i've had lunch with jaron
jcpham: does he wear baseball caps?
MJR_: erik kinda introduced us
MJR_: but i haven't watched him at all times
assbot: [HAVELOCK] [VTX] 1 @ 0.303 BTC [-]
MJR_: cool people behind his project
MJR_: haven't seen much of his product
MJR_: but he is working on it as far as i know
MJR_: we had lunch a few times
assbot: [HAVELOCK] [VTX] 22 @ 0.30199999 = 6.644 BTC [-]
jcpham: i wonder if we can get these guys to do shoeonhead.jpg
guruvan: I'm curious about his & the cto's backgrounds
assbot: [BTCTC] [S.MPOE-PT] 270 @ 0.000689 = 0.186 BTC [+]
guruvan: he seemed to think I'd be more interested in the site's security, rather than the principal's backgrounds
MJR_: what's tux's background?
guruvan: what's the CTOs name MJR_?
jcpham: yeah btcst.com was hella secure html5 wonder
dub: MJR_: table/card games, painting little plastic soldiers
jcpham: glbse was pretty secure but slows as balls
MJR_: he actually introduced me to a nice lawyer
MJR_: who was very helpful
jcpham: making a secure site isn't that hard
MJR_: they very much have a startup mentality
MJR_: which is cool in some ways
jcpham: i've seen it and bought into it
guruvan: that's good in a lot of ways
assbot: [MPEX] [S.MPOE] 4730 @ 0.00071589 = 3.3862 BTC [+]
assbot: [MPEX] [S.MPOE] 3888 @ 0.00071642 = 2.7854 BTC [+]
MJR_: i personally, and this is just my opinion, hate the term "burn rate"
MJR_: i plan on making money from day 1
MJR_: BUT, there are some times when you need to do that
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.0034 = 0.17 BTC [+]
guruvan: I've done a buncha dotcom stuff and we always talked about that
MJR_: i just think that the silicon valley mindset of "let them explore and figure it out" is not a great strategy for most scenarios
MJR_: in some ways, VC's do a disservice by telling people that they are great, when they haven't done anything yet
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.0034 = 0.0068 BTC [+]
MJR_: BUT...i'm not saying that applies to coinsetter
assbot: [BTCTC] [COGNITIVE] 9 @ 0.12002 = 1.0802 BTC [-]
guruvan: no - it's not, but it's great for the "thow a buncha shit on the wall and see what sticks" venture capitalist mentality
MJR_: just making a point about startup mentality
MJR_: i also don't like that mentality, i like good solid plans that make sense
guruvan: no but wee'll see plenty silicon valley startups that it does apply to in the bitcoin biz
MJR_: entrepreneurship should be bringing together the pieces to create something more valuable than the sum of its parts