assbot: [MPEX] [S.MPOE] 8000 @ 0.00070125 = 5.61 BTC [-]
assbot: [MPEX] [S.MPOE] 4321 @ 0.00070025 = 3.0258 BTC [-]
assbot: [MPEX] [S.MPOE] 11300 @ 0.00070017 = 7.9119 BTC [-]
assbot: [MPEX] [S.MPOE] 6879 @ 0.00069973 = 4.8134 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021396 BTC [-]
assbot: [HAVELOCK] [ASICM] 15 @ 0.0206 = 0.309 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1495 BTC [-]
assbot: [HAVELOCK] [ASICM] 20 @ 0.02069999 = 0.414 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.15 = 6.45 BTC [+]
assbot: [HAVELOCK] [ASICM] 28 @ 0.02069999 = 0.5796 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 69 @ 0.021396 = 1.4763 BTC [-]
assbot: [HAVELOCK] [ASICM] 16 @ 0.02089999 = 0.3344 BTC [+]
assbot: [HAVELOCK] [ASICM] 84 @ 0.02093785 = 1.7588 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.149 BTC [-]
assbot: [HAVELOCK] [ASICM] 116 @ 0.02093785 = 2.4288 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.149 BTC [-]
assbot: [HAVELOCK] [ASICM] 39 @ 0.0201 = 0.7839 BTC [-]
assbot: [HAVELOCK] [ASICM] 11 @ 0.02000001 = 0.22 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.062901 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0629 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.2354 = 0.4708 BTC [-]
assbot: [BTCTC] [B.YABMC] 2 @ 0.016739 = 0.0335 BTC [-]
assbot: [MPEX] [S.MPOE] 11421 @ 0.00069973 = 7.9916 BTC [-]
assbot: [MPEX] [S.MPOE] 6721 @ 0.00069892 = 4.6974 BTC [-]
assbot: [MPEX] [S.MPOE] 1247 @ 0.00069983 = 0.8727 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.040008 BTC [-]
assbot: [HAVELOCK] [ASICM] 14 @ 0.02000001 = 0.28 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.020561 = 0.0411 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 47 @ 0.021396 = 1.0056 BTC [+]
assbot: [BTCTC] [LTC-MINING] 5 @ 0.4 = 2 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.199 = 0.597 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.249999 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021196 BTC [-]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.25 = 0.75 BTC [+]
assbot: [BTCTC] [LTC-MINING] 1 @ 0.41 BTC [+]
assbot: [MPEX] [S.MPOE] 6200 @ 0.00069983 = 4.3389 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 8 @ 0.020561 = 0.1645 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 9 @ 0.02056 = 0.185 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.02055 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.042 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 13 @ 0.0204 = 0.2652 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.04 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.03 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 2.03 = 8.12 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.02011 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0201 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.010021 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.073999 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.020747 = 0.2075 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 13 @ 0.020748 = 0.2697 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.020748 = 0.0622 BTC [+]
assbot: [HAVELOCK] [ASICM] 92 @ 0.02000001 = 1.84 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 2.020111 = 18.181 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 16 @ 0.02069 = 0.331 BTC [-]
assbot: [HAVELOCK] [SDICE] 62 @ 0.2354 = 14.5948 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 100 @ 0.02069 = 2.069 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.489899 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.2499 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.02069 = 0.0414 BTC [-]
assbot: [HAVELOCK] [ASICM] 39 @ 0.0206 = 0.8034 BTC [+]
assbot: [MPEX] [S.MPOE] 14865 @ 0.00069983 = 10.403 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.210102 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.210101 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.21003 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.21001 = 0.42 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 24 @ 0.02069 = 0.4966 BTC [-]
assbot: [HAVELOCK] [ASICM] 8 @ 0.0206 = 0.1648 BTC [+]
inhies: its quiet in here today
inhies: please stfu more often
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.002303 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.002302 = 4.0046 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.02039 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.02038 = 0.2038 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 4 @ 0.020379 = 0.0815 BTC [-]
assbot: [MPEX] [S.MPOE] 16150 @ 0.00069892 = 11.2876 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.0201 = 0.1206 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.02 = 0.2 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 17 @ 0.02 = 0.34 BTC [-]
assbot: [HAVELOCK] [ASICM] 1 @ 0.0206 BTC [+]
assbot: [HAVELOCK] [ASICM] 240 @ 0.02069 = 4.9656 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 17 @ 0.0205 = 0.3485 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 8 @ 0.020499 = 0.164 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.020499 = 0.041 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 8 @ 0.020499 = 0.164 BTC [-]
assbot: [HAVELOCK] [ASICM] 95 @ 0.02069 = 1.9656 BTC [+]
assbot: [HAVELOCK] [ASICM] 150 @ 0.02069 = 3.1035 BTC [+]
assbot: [HAVELOCK] [ASICM] 1 @ 0.0201 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.020001 = 0.2 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.02 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.019818 = 0.1189 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 47 @ 0.019815 = 0.9313 BTC [-]
assbot: [HAVELOCK] [ASICM] 1 @ 0.0207 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 29 @ 0.019811 = 0.5745 BTC [-]
assbot: [HAVELOCK] [ASICM] 1 @ 0.02020001 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.020489 = 0.2049 BTC [+]
assbot: [MPEX] [S.MPOE] 2729 @ 0.00069892 = 1.9074 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.02049 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 37 @ 0.02069 = 0.7655 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.6 BTC [+]
jurov: inhies, go to #bitcoin-assets-trades then
inhies: jurov: im already there
inhies: its not that the talking interupts the trade data
inhies: its that the talking is fucking stupid
Chaaang-Noi: silver took a more than 5% hit out the gate this morning, crazy
Chaaang-Noi: nothing wrong with a bit of drunk trolling here and there :)
inhies: you auctioning am shares?
Chaaang-Noi: well as much as id like to stay and fuck around im off to burma
ThickAsThieves: 'can u help me out understand the whole thing about buying shares of the asicminer , i see that u offer some PT shares, im not very frindly with all that, i wanna know how to make money with those since im looking to invest some btc around.'
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.02069 = 0.0414 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.134999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.134999 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 5 @ 0.108 = 0.54 BTC [-]
parseval: I finally finished parsing all of the Gox trade data up through April
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.02069 = 0.1035 BTC [+]
inhies: i downloaded it all from bitcoin charts the other day
inhies: and resulted in a 150mb sqlite3 db
parseval: Nice.. this is about 448mb in a postgres database, with ORM wrappings
inhies: sounds complicated(er)
inhies: i need to re-do my scraper
inhies: and get the data from gox itself
inhies: before the DHS steals their servers
furuknap: What are you guys using it for?
parseval: I'm going to use it in my charts, initially. I want to see the dollar value of these securities over time
parseval: eg, use the historical value for BTC against historical trade price
furuknap: Ah... Sierracharts has some nice analysis features. If you do C++, it shouldn't be too hard to map that there. I've been pondering writing a BTCT trade engine module, but I realized it's 20 years since I wrote C++, so I skipped it :-)
parseval: This way we can identify which stocks are most susceptible to currency risk
parseval: Sierracharts is nice, but I'd rather make something web based
parseval: It doesn't run on Linux anyway
inhies: i use it for backtesting my bot
inhies: parseval: what do you use for charting?
parseval: I guess I could try it in wine though
inhies: i raelly like highcharts
inhies: but the flexibility they offer also seems pretty limiting at times
inhies: parseval: oh you run that one chart site yea?
parseval: Yeah, that's just a dev server, nothing too fancy yet
inhies: this is the site i was thinking of
furuknap: It's actually very fancy because it does exactly what someone needs. I like it.
inhies: iirc your server caches the data from the exchanges
inhies: is that bitfunder or btctc?
inhies: just saw that on the homepage
inhies: i was going to ask how you parsed the js object that bitfunder serves
inhies: your charts are quite fast
furuknap: He posted that in the AM-thread a bit back.
parseval: No, not yet.. I think the largest dataset is less than 150k
inhies: im working on a web interface for my bot using highstock
inhies: any plans on offering a candlestick chart?
inhies: with adjustable periods?
parseval: I've been planning to add one, I hadn't thought about adjustable periods yet, but I like the idea
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.4899 = 0.9798 BTC [+]
inhies: without adjustable periouds you just end up with a candlestick chart like havelock has
inhies: like a daily candlestick
inhies: which is alright i guess, but hourly, daily, etc would be nice
inhies: not sure hwo you could cleanly integrate that in with the standard highstock range selector
inhies: (1 day, 1 week, 1 month, etc)
parseval: It would need a page reload, or possibly some ajax pulling of a new piece of series data, because it'd essentially be a different series on the chart
inhies: you wouldnt really even need to do any crazy ajax
inhies: just more parsing of the standard data
inhies: to group it in to perioids
inhies: and then make a new series
inhies: then just swap out the series on the chart when a link is clicked or something
inhies: also, my mtgox USD db has 5070757 rows
parseval: I've only got 4,745k, but that is only counting up to April 29th
parseval: I need to go pull the rest of the data from gox still
inhies: mine is through like may 13th or something
assbot: [HAVELOCK] [VTX] 25 @ 0.4115 = 10.2875 BTC [+]
inhies: it shoudlnt be that far off
inhies: parseval: you just pulled trades yea?
inhies: what was your start date?
assbot: [HAVELOCK] [ASICM] 149 @ 0.0205 = 3.0545 BTC [+]
assbot: [HAVELOCK] [ASICM] 1 @ 0.02079 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.02069 BTC [+]
assbot: [HAVELOCK] [ASICM] 15 @ 0.02079997 = 0.312 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 23 @ 0.02069 = 0.4759 BTC [+]
assbot: [HAVELOCK] [ASICM] 5 @ 0.02089999 = 0.1045 BTC [+]
inhies: yea i think thats when mine started too
inhies: if not july, then august for sure
inhies: not sure why i have so much more data than you though
assbot: [HAVELOCK] [ASICM] 6 @ 0.02089999 = 0.1254 BTC [+]
assbot: [HAVELOCK] [ASICM] 62 @ 0.0209 = 1.2958 BTC [+]
assbot: [HAVELOCK] [ASICM] 11 @ 0.02093874 = 0.2303 BTC [+]
assbot: [HAVELOCK] [ASICM] 406 @ 0.0211512 = 8.5874 BTC [+]
assbot: [HAVELOCK] [ASICM] 9 @ 0.0211512 = 0.1904 BTC [+]
assbot: [HAVELOCK] [ASICM] 56 @ 0.0209 = 1.1704 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 44 @ 0.02069 = 0.9104 BTC [+]
assbot: [MPEX] [S.MPOE] 6136 @ 0.00069819 = 4.2841 BTC [-]
assbot: [MPEX] [S.MPOE] 2864 @ 0.00069772 = 1.9983 BTC [-]
assbot: [HAVELOCK] [ASICM] 27 @ 0.021512 = 0.5808 BTC [+]
assbot: [HAVELOCK] [ASICM] 36 @ 0.0206 = 0.7416 BTC [-]
assbot: [HAVELOCK] [ASICM] 1 @ 0.02051 BTC [-]
assbot: [HAVELOCK] [ASICM] 963 @ 0.0204 = 19.6452 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 2.06 = 18.54 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 88 @ 0.02069 = 1.8207 BTC [+]
assbot: [HAVELOCK] [SDICE] 10 @ 0.2499 = 2.499 BTC [+]
assbot: [HAVELOCK] [ASICM] 36 @ 0.0214 = 0.7704 BTC [+]
gribble: BTCUSD ticker | Best bid: 121.93086, Best ask: 122.78688, Bid-ask spread: 0.85602, Last trade: 121.89291, 24 hour volume: 24445.74160237, 24 hour low: 119.50000, 24 hour high: 124.50101, 24 hour vwap: 121.80684
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.011001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.011 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0101 BTC [-]
furuknap: Can't really argue against math, but damn, people keep trying.
mircea_popescu: while its true that for any purchase of mining hardware there's a price point where it becomes unprofitable,
assbot: [BTCTC] [BASIC-MINING] 8 @ 0.49 = 3.92 BTC [+]
mircea_popescu: it's nevertheless not exactly true that buying gear is a bet on price dropping.
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.5 = 2 BTC [+]
furuknap: The article shows that a dropping price always yields a much higher profit than mining.
mircea_popescu: let's put it this way : it's true that a slut is a much better catch than a priss on any blind dating sit down
assbot: [HAVELOCK] [ASICM] 2 @ 0.021512 = 0.043 BTC [+]
mircea_popescu: nevertheless, it doesn't follow that people going on blind dates are betting on sluts.
furuknap: That's not the argument from the article either. In fact, it's the exact opposite, because you're bringing your own dame to the party :-)
furuknap: Well, that's fine too, if you swing in that direction...
mircea_popescu: is buying a cup of coffee in the morning a bet that fiat will collapse by noon ?
furuknap: If you can resell it at noon and fiat will rise again, yes.
assbot: [MPEX] [S.MPOE] 9347 @ 0.00069867 = 6.5305 BTC [+]
assbot: [HAVELOCK] [ASICM] 5 @ 0.0215 = 0.1075 BTC [-]
assbot: [HAVELOCK] [ASICM] 28 @ 0.021512 = 0.6023 BTC [+]
mircea_popescu: you've come up with an edge case and are phrasing the situation in terms of that edge case.
assbot: [MPEX] [S.MPOE] 8373 @ 0.00069772 = 5.842 BTC [-]
assbot: [MPEX] [S.MPOE] 2792 @ 0.00069733 = 1.9469 BTC [-]
furuknap: You mean by using unrealistic numbers? The case presented is intended to simplify the scenario because it is easier to see when you don't need to argue with stuff like "well, my postage is cheap so selling yields more profit than that" etc.
assbot: [HAVELOCK] [ASICM] 100 @ 0.021512 = 2.1512 BTC [+]
assbot: [HAVELOCK] [ASICM] 5 @ 0.0211 = 0.1055 BTC [-]
assbot: [HAVELOCK] [ASICM] 10 @ 0.021 = 0.21 BTC [-]
mircea_popescu: is getting married a bet that your wife-to-be has an unknown uncle in argentina who will leave her a billion dollar inheritance ?
furuknap: No? Definitely not sure I'm following you, unless you're talking about a wife being a commodity that can be resold at a lower price point and you have to pay to get her.
mircea_popescu: ok. inasmuch as getting married isn;t a bet on some contingent future event
mircea_popescu: buying mining gear isn't a bet on some contingent future event.
furuknap: That doesn't follow at all. Getting married is not an investment that can be resold.
furuknap: Mining equipment is such a commodity. In fact, that's why I used the currency trick in the first section.
inhies: you can prett ymuch promise that mining rewards will go down
mircea_popescu: i can't discern if your motivation is to understand what you did wrong or to show the world how clever you are. which is it ?
furuknap: I'm trying to understand what I did wrong, definitely. Talking about getting married as an investment doesn't do that.
furuknap: inhies: Mining isn't actually part of the scenario at all, but is elaborated in the questions at the end.
mircea_popescu: ok. any one thing, no matter what thing you pick, has some directly connected bits and some contingent bits.
assbot: [HAVELOCK] [ASICM] 10 @ 0.0208 = 0.208 BTC [-]
assbot: [HAVELOCK] [ASICM] 15 @ 0.0207 = 0.3105 BTC [-]
assbot: [HAVELOCK] [ASICM] 299 @ 0.0206 = 6.1594 BTC [-]
mircea_popescu: as far as mining is concerned, difficulty is directly connected. the btc/fiat rate is contingent.
mircea_popescu: presenting any definite activity in terms of it being "A bet on X arbitrary contingency" is a peculiar and not particularly useful manner of speech.
inhies: furuknap: i see teh problem
mircea_popescu: you could as well say that buying mining gear is a bet on the aliens showing up and wanting to buy it for infinite money.
inhies: your blog post is not well presented because mircea_popescu didn't write it
furuknap: Ah, you're arguing about the wording. That's fine. The article is trying to show that in the case of a price drop, a miner gains more coins by holding gear. Difficulty isn't relevant here because mining isn't part of the equation.
mircea_popescu: well, you seemed to interested to know why people are throwing a fit avbout it.
furuknap: Yup, I get what you're saying about that :-)
mircea_popescu: it's the wording. any one miner knows he's not betting on THAT. so you'll get a lot of misdirected protestation
mircea_popescu: othe rthan that, sure, btc going up actually hurts mining investments.
mircea_popescu: inasmuch as the mining rigs are fiat items pretty much.
assbot: [HAVELOCK] [ASICM] 12 @ 0.0205 = 0.246 BTC [-]
furuknap: I see. I'm fine with using provocative wording to cause a reaction. People tend to remember (if not agree) with statements that strongly contradict their perception of reality.
mircea_popescu: nevertheless, it helps if you contradict something germane to the issue rather than something random, i think.
furuknap: I'm not sure it is as random as that. I wrote the article based on a lot of questions asked on the Reddit forums and people universally tended to completely ignore the effect of price fluctuations of their gear. One miner had just bought around 50 GPUs and hadn't realized that when the price of LTC dropped, he actually earned more from just having that gear than from mining.
mircea_popescu: truth of the matter is miners are so far away from any sort of financial understanding it's probably wasted effort to debate which of their dumbass notions should be contradicted etc.
assbot: [HAVELOCK] [ASICM] 512 @ 0.0205 = 10.496 BTC [-]
mircea_popescu: it certainly wasn't well presented seeing how nobody got it at the time.
assbot: [MPEX] [S.MPOE] 21200 @ 0.00069571 = 14.7491 BTC [-]
furuknap: That is, and I'm not joking, the topic of my next article :-) Miners have a limited understanding of finance, just as financial people have a limited understanding of mining. When I talk to miners, they seem to argue that "just holding coins is really bad if the price drops while a miner can always resell his hardware" and not understanding anything about hedges in finance.
mircea_popescu: really slow uptake. i guess that's what you get when something starts as a hobbist market : hobbists.
furuknap: When I talk to financial people, they tend to argue that "well, buying hardware is so much of a hassle, and what if it breaks? You're left with nothing!" not realizing how a miner with some hardwre competence can fix or replace hardware as easily as they purchase an option or future.
assbot: [HAVELOCK] [ASICM] 5 @ 0.0214 = 0.107 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.059999 BTC [+]
furuknap: ASICs is a specialized piece of hardware that doesn't really have any resell value after a relatively short time. GPUs on the other hand has resale value, can be fixed, tuned, and easily replaced, and in some cases, it can even make sense to have a few spares laying around because unused cards don't depreciate much and thus isn't an asset cost.
furuknap: Have you considered adding futures and options on LTC too?
furuknap: A lot of mining operations popping up on LTC now could greatly benefit from hedging against price fluctuations. A fund that does LTC mining combined with a sound hedging strategy could really make a killing.
mircea_popescu: i'm a monomaniac sort of guy. i idle in one irc channel only. i handle one cryptocurrency only.
mircea_popescu: if i ever list ltc it will be because i'm moving off btc.
furuknap: I understand. Maybe someone else will jump on it, then :-)
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.111 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1344 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.13483 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 2.13484 = 27.7529 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.139491 = 6.4185 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.146 = 6.438 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.146 = 10.73 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1485 = 6.4455 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 2.15 = 19.35 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.16999 = 10.85 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1795 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.1795 = 10.8975 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 8 @ 0.02085 = 0.1668 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.1798 = 10.899 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 11 @ 2.1798 = 23.9778 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 23 @ 2.1799 = 50.1377 BTC [+]
furuknap: This isn't going to end well...
inhies: people want out of the bubble now
assbot: [BTCTC] [ASICMINER-PT] 10 @ 2.1799 = 21.799 BTC [+]
furuknap: I hope this buyer has a lot of spare money and really, really doesn't mind losing it.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.18 BTC [+]
furuknap: Actually, I hope this buyer doesn't get burned more than they can survive.
ericmuys_: furuknap: what's the difference saying that at 2.0 rather than 1.0 other than psychology?
furuknap: The major difference is that there is no fundamental value of AM to support such a high price. At 1.0, the value is higher than the price. At 2.0 the price is higher than the value.
pizzaman1337: ASICMINER was discussed at one of the panels at bitcoin2013 earlier today, this could be a VC getting around to dumping some money in
furuknap: Most likely, the thing that has driven the price up 0.7 in the previous coupld of weeks is that people see the huge dividends, which cannot possibly continue.
mircea_popescu: there's a crowd of idiots who want to invest in-crowd.
furuknap: It could very well be that someone overheard that a VC might enter and thought the tender would be higher than market.
mircea_popescu: the good news is that back in 2011 they had about 2mn btc, then in 2012 they had about 100k
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.02085 = 0.1043 BTC [+]
furuknap: Oh, I know. The herd thing is dangerous. I just hope it doesn't taint BTC assets in general as bubble shares. I fear the train may have left for AM.
mircea_popescu: you're talking to the one guy who prevented that back when it actually had a chance.
furuknap: I worry because others are greedy. I try to be greedy when others worry.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.18 BTC [+]
inhies: furuknap: i like that quote
inhies: the actual quote though, not your version :p
mircea_popescu: "My partner and I had reservations for 6:45. By 9:30, we still hadn't received our pizza."
furuknap: Heh, good ole WB has a lot of things right.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.6 = 3.2 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.0006839 = 3.4195 BTC [-]
furuknap: Assbot really need to show options in a special way.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.179999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.6 BTC [-]
assbot: [MPEX] [S.MPOE] 7004 @ 0.00068075 = 4.768 BTC [-]
assbot: [HAVELOCK] [ASICM] 10 @ 0.0214 = 0.214 BTC [+]
assbot: [MPEX] [S.MPOE] 9800 @ 0.00067 = 6.566 BTC [-]
assbot: [BTCTC] [RSM] 5 @ 0.014999 = 0.075 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 110 @ 0.02085 = 2.2935 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.15 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.16 = 4.32 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 1.6 = 4.8 BTC [-]
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.0061 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.000666 = 0.0013 BTC [+]
ericmuys_: why can't the dividends continue? this thing didn't just start rising, it's been rising for months with consistently good dividends. what are you going to pull out and put it into? sdice? the funny thing about the dividends is friedcat could cash out as the price is rising and pay that as a dividend and it would be insignificant. 150 BTC * $125 = $19000. once a week, cash out 20k and pay it to the growing herd to
ericmuys_: keep them happy and keep the price going up steadily. and it seems like there's only a large dividend once or twice a month. he's probably not doing this, but it's funny that he could and it just pumps his company to extraordinary levels, but everyone remains happy if the funds (his shares) dont dry up
truffles: furuknap although ur explainations are clear, im confused
truffles: arent btc's constant? i dont get the 40 to 1k thing
furuknap: That's a result of the exchange value. If prices drop, you get more BTC for your holdings. This will, even with realistic numbers, far outweigh any mining profit.
furuknap: I mean BTC prices in fiat or whatever other currency or holding you have. Same applies if you hold LTC.
truffles: so the bet is the value of random fiat goes down ?
furuknap: No, the bet ius that the price of BTC goes down compared to whatever value you hold.
truffles: i dont like that btc's fate is so tied to fiat
furuknap: It isn't, any more than the dollars fate is tied to yen or euros or ximabwean dollars.
truffles: so u say, but seems like a speculators game at the moment
furuknap: Think of it even simpler: You have two states of operation. One is gathering coins, the other is selling coins. When you are gathering coins, you want the price to be as low as possible and when you're selling coins, you want the price to be as high as possible.
furuknap: The counter-intuitive thing that miners miss is that they're arguing that they want to pay as much as possible for their coins and then sell for the same price, which doesn't make sense when you think about it.
truffles: well when it gets rly rly difficult im sure prices will be insane
furuknap: Doesn't really matter. A price drop is still more favorable for miners.
truffles: wouldnt all equipment be bought by then
furuknap: Quite the opposite :-) All the equipment shuld be sold then.
truffles: when bfl finally delivers okay
truffles: just throwing that out there..
truffles: "on’t forget to convert the value to USD, regardless of whether you buy it using USD or Bitcoins"
fiat500: "In short, buying mining equipment yields far more reward in Bitcoins when the value of Bitcoins drop than if Bitcoins rise in value."
fiat500: really irrelevant, what puritan is mining nowadays simply for the btc reward? :P
fiat500: i for one plan on converting to fiat right away
furuknap: Then you're no longer a miner, but a coin holder, and the argument doesn't apply.
fiat500: true, but i am generating coins for myself
furuknap: If you just want coins for the curiosity of it, you're not looking at profitability and might as well buy them.
fiat500: i mean i am not simply a holder, there is a positive delta of coins worth $x * n being generated
fiat500: the higher x is the more profitable i am
assbot: [BTCTC] [TAT.ASICMINER] 25 @ 0.02085 = 0.5213 BTC [+]
furuknap: No, then you have not understood the argument.
fiat500: i get your argument, im just saying my value denominated in btc is not important to me
furuknap: Exactly. And your $ profit is much higher if the price of BTC goes down.
furuknap: In fact, like I showed in the updated question today, you have a 10x higher profitability in $ if the price goes down.
assbot: [BTCTC] [B.YABMC] 1 @ 0.016739 BTC [-]
truffles: this just reminds me of poker where players get rakeback(bonus) from casinos & the rakeback kings want higher rake to get more rakeback..
furuknap: I don't play pokwer so I have no idea what that means :-)
truffles: pay more fees to get more bonus
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.16 = 6.48 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1796 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 2.16 = 8.64 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.5 = 2 BTC [+]
furuknap: Nah, I don't gamble, and that applies to my investing too. Boring, yeah, but I sleep well with open positions.
ericmuys_: furuknap: this article makes no sense. if it takes 1 GPU 1 week to mine 1 BTC it doesn't matter how much the GPU is worth in USD. what 1 BTC is worth is what matters. higher is always better unless you consider the difficulty decreasing as the price decreases. otherwise common sense is pretty good here. "When the price of Bitcoin rises, our value denominated in Bitcoin drops drastically. When the price of Bitcoin
ericmuys_: crashes, the amount of Bitcoin our holdings represent goes through the roof!" - that's only if the value of a USD is directly polar to a BTC, but it's not, a USD is based on a world of economics and BTC can capitalize on that.
assbot: [BTCTC] [ASICMINER-PT] 4 @ 1.6 = 6.4 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 3 @ 0.000666 = 0.002 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.1911 = 0.3822 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [+]
furuknap: eric: You probably don't understand something in that article. The GPOU and BTC is irrelevant. Difficulty is irrelevant. Mining is irrelevant. USD is irrelevant. Hence the A, B, and C in the first part of the article.
assbot: [BTCTC] [BTC-BOND] 1 @ 0.010098 BTC [+]
ericmuys_: furuknap: sure but that's only in a vacuum situation where B and C are tied. they are not in reality. this logic is just twisted
Chaaang-Noi: <assbot> [BTCTC] [ASICMINER-PT] 4 @ 1.6 = 6.4 BTC [-]
Chaaang-Noi: <assbot> [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [+]
furuknap: Quite the opposite, those values are completely independent.
ericmuys_: furuknap: "When the price of Bitcoin rises, our value denominated in Bitcoin drops drastically. When the price of Bitcoin crashes, the amount of Bitcoin our holdings represent goes through the roof!"
aknap3: you'll be seeing more of those
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1779 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.6 BTC [-]
truffles: ive got lots of random yahoo emails no!
assbot: [BTCTC] [GSDPT] 56 @ 0.00273 = 0.1529 BTC [-]
jurov: It’s strange how Yahoo didn’t catch on to basically the whole of tumblr not wanting them.
jurov: They’re basically that really annoying person that doesn’t get the hint you don’t want them around
assbot: [BTCTC] [S.DICE-PT] 114 @ 0.00273 = 0.3112 BTC [-]
fiat500: Chaaang-Noi: ive been looking at COG.F
assbot: [BTCTC] [S.DICE-PT] 71 @ 0.00279 = 0.1981 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.5 BTC [+]
Chaaang-Noi: fiat500 yeah, it is interesting, esp at what the stock price is now
assbot: [BTCTC] [GSDPT] 40 @ 0.00273 = 0.1092 BTC [-]
fiat500: "One (1) COG.F represents a contract for twenty (20) COGNITIVE shares, to be delivered upon arrival of said mining hardware.
fiat500: If there isn't enough demand to purchase a single bitcoin miner after a week of the first sale of a COG.F contract, COG.F purchases will be refunded."
Chaaang-Noi: i personally dont hold any, but might buy some later
fiat500: this was introduced in march
fiat500: or is it 1 week per "contract"
Chaaang-Noi: you only get the shares when you they get the asics
assbot: [BTCTC] [TAT.ASICMINER] 7 @ 0.02085 = 0.146 BTC [+]
Chaaang-Noi: so you have to wait until bfl or whoever ships
fiat500: im just wondering if this fund is still alive
Chaaang-Noi: but he has been honest and hard working, i personally trust him
Chaaang-Noi: he has about 20k usd worth of my btc, and im about to give him a shit load more
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.02085 = 0.1043 BTC [+]
furuknap: Cognitive also has an early Avalon order, right? Will the COG.F fund convert when that arrives or only when all their ordered ASICs arrive?
assbot: [BTCTC] [TAT.ASICMINER] 49 @ 0.02085 = 1.0217 BTC [+]
Chaaang-Noi: that old order is not related to the 7 bfl preorders
assbot: [BTCTC] [BITVPS] 27 @ 0.000696 = 0.0188 BTC [-]
furuknap: Ah, so basically, it's a bet that the price of cognitive is higher than 0.125 at the time BFL ships.
assbot: [BTCTC] [TAT.ASICMINER] 15 @ 0.02084 = 0.3126 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1779 BTC [+]
Chaaang-Noi: yeah but im not even sure what asics they will buy
furuknap: Seems reasonable. The operation has been stable, the new Avalon will surely increase profits... The time is important, though. Of course, in theory, BFL can announce they've solved all their issues tomorrow, in which case this is an easy way to double money.
Chaaang-Noi: you should talk with him, or read the thread maybe to get more info
furuknap: I did, but it wasn't entirely clear when the orders were placed.
Chaaang-Noi: yeah i hold cog as a hedge against my AM, cuz they are heavy avalon and BFL
assbot: [BTCTC] [TAT.ASICMINER] 14 @ 0.02085 = 0.2919 BTC [+]
Chaaang-Noi: im not sure the orders ahve been placed, i think this is fund rasing
furuknap: OK, so let me rephrase... It's not clear when the orders will be placed (and thus when the conversion might happen).
furuknap: I don't see why they couldn't used the raised funds to make purchases already, though. I mean, if a great deal comes up and they're short a few bonds, they lose out even if they have the funds at hand.
Chaaang-Noi: i just have low ball bids and some times people sell into them, but not for months
Chaaang-Noi: i dont know, im just a 5% stock holder, i dont pick what happens
fiat500: theyve already sold 53btc worth, shouldnt that be enough for at least 2 singles?
Chaaang-Noi: oh the motions are on the real stock not the cog.f
Chaaang-Noi: honestly i dont know a whole lot about it other than what i have told you guys
fiat500: but COG.F strictly says shares to be delivered upon receipt of hardware bought using COG.F funds
fiat500: then it would make more sense for me to just order a single for myself right now
assbot: [HAVELOCK] [ASICM] 37 @ 0.0214 = 0.7918 BTC [+]
ericmuys_: quick question, at 0.5 and 0.2 for basic-mining and cog, respectively, some dudes consuming mining hardware, waiting on asics, how does 2.0 for asicminer, an actual manufacturer + miner, overvalued?
fiat500: ericmuys_: if you think AM is overbought, you would think those are too
Chaaang-Noi: i think cog might be a bit over valued, but im using it as a hedge
ericmuys_: fiat500: ah, but the opposite is not necessarily true of course
Chaaang-Noi: also i bought cog at .11 and that was undervalued
assbot: [BTCTC] [TAT.ASICMINER] 62 @ 0.02085 = 1.2927 BTC [+]
Chaaang-Noi: he is just one f the few people i trust, so bfl might fuck him, but i dont think he will fuck us
parseval: I thought they hadn't ordered that yet and were wavering on whether to go to AM for the next one
Chaaang-Noi: they have 7 very early orders for the 60 ghs unit, but they want to order more
Chaaang-Noi: really read the thread if you want to buy :)
fiat500: ive been reading, only thing holding me back is timeline
parseval: Well, it's better to buy in early rather than late. Once they get their hardware the price is going to jump
parseval: I have no faith in BFL's stated timelines anymore
fiat500: hardware that hasnt been purchased yet is even more ephemeral than the stuff that was ordered last year :P
ericmuys_: parseval: or the speculators won't be happy with the dividends and end up bailing
assbot: [BTCTC] [TAT.ASICMINER] 65 @ 0.02085 = 1.3553 BTC [+]
parseval: True.. I think the COG.F shares were priced a little high. 2.0 would have been better than 2.5
fiat500: i think the price is right
parseval: Considering that at the time the price was down to around .15
ericmuys_: considering the premium you're paying on this asic speculation, it could already be at the price it should be
fiat500: assuming we arent talking about an interest-free loan for several months
Chaaang-Noi: id not go all in on that, but some cant hurt
furuknap: It seems to me, at least on the surface, that GOG.F is a reasonable purchase. Timing is actually less important if the manager is reasonable (like Chaang says). 2.5 BTC invested in mining is 2.5 BTC invested in mining regardless of when it happens. If the investment is sound, it doesn't really matter when that happens.
PsychoticBoy: Should I start a 100 or 500Mh/s perpetual mining bond?
Chaaang-Noi: i personally would not be interested unless you were just giving it away
assbot: [BTCTC] [TAT.ASICMINER] 20 @ 0.020251 = 0.405 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 55 @ 0.02025 = 1.1138 BTC [-]
PsychoticBoy: some ppl are trying to get rich by dividing asicminer shares like TAT or just the PTs but thats not my cup of tea
fiat500: PsychoticBoy: im interested
fiat500: how many shares are you thinking of issuing
Chaaang-Noi: i think there would be some interest, but not really from me
fiat500: but how many would you keep for yourself
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.19899 = 0.398 BTC [+]
furuknap: fiat, he just told you the numbers. It's a 65 GHs Avalon. The math from there is pretty basic.
PsychoticBoy: only 60Gh/s will be divided in shares the rest I will keep (5-6Gh/s)
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.199 = 0.398 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 21 @ 0.2 = 4.2 BTC [+]
fiat500: furuknap: yeah but why would he only keep 5GH/s for himself
assbot: [HAVELOCK] [SDICE] 9 @ 0.2499 = 2.2491 BTC [+]
fiat500: i thought he had mucked up the numbers
PsychoticBoy: and it is perpetual mining bond at a fixed MH/s
furuknap: Because he's cashing out future profits by selling bonds?
fiat500: PsychoticBoy: do you have the hw right now?
furuknap: Then go for it. I'd think 100 MH wuold be an easier sell, though.
assbot: [HAVELOCK] [SDICE] 5 @ 0.2355 = 1.1775 BTC [-]
PsychoticBoy: I will PM Ukto (bitfunder) and hopefully launch the asset in 1-2 weeks
furuknap: Do BTCT instead, please. Bitfunder is... not my cup of tea.
fiat500: PsychoticBoy: try to get it launched soon, like this week
Chaaang-Noi: there seems to be a lot of people at the bitcoin event
fiat500: PsychoticBoy: ukto doesnt have to accept anything on btct
furuknap: Do it properly. Set up a thread, discuss it, announce it, get feedback on contracts and proposal, answer any lingering questions, etc. Then you launch.
assbot: [HAVELOCK] [SDICE] 1 @ 0.2352 BTC [-]
fiat500: PsychoticBoy: is it currently hooked up to a mining pool?
assbot: [BTCTC] [GSDPT] 4 @ 0.00273 = 0.0109 BTC [-]
PsychoticBoy: a pool which is private and owned by a large member of the community
PsychoticBoy: only midnightmagic rated me without doing business with me but he thats ok
fiat500: PsychoticBoy: can you tell me more about those mining bonds midnightmagic was talking about?
gribble: Nick 'PsychoticBoy', with hostmask 'PsychoticBoy!~Psychotic@pdpc/supporter/active/psychoticboy', is identified as user PsychoticBoy, with GPG key id 06DC71AFE4DAC520, key fingerprint 9E476C16F877E988110787BC06DC71AFE4DAC520, and bitcoin address None
ericmuys_: PsychoticBoy: and your FPGA farm and avalon are giving you ฿0.20359620 per week?
gribble: The expected generation output, at 79000.0 Mhps, given difficulty of 11187257.4614, is 3.5513274755 BTC per day and 0.147971978146 BTC per hour.
ericmuys_: PsychoticBoy: so how are you, and I quote ABM, doing "the best we can to give you the highest possible mining revenue." by starting a new asset? what about the existing ABM investors? did you buyback?
PsychoticBoy: no, I did not buyback, yes at market price but no forced buyback
assbot: [HAVELOCK] [ASICM] 500 @ 0.021295 = 10.6475 BTC [-]
gribble: The expected generation output, at 800.0 Mhps, given difficulty of 11187257.4614, is 0.0359628098785 BTC per day and 0.0014984504116 BTC per hour.
assbot: [HAVELOCK] [ASICM] 7 @ 0.021295 = 0.1491 BTC [-]
fiat500: PsychoticBoy: have you considered using the funds to purchase a second mining rig
ericmuys_: PsychoticBoy: your statements for ABM: "I am planning to grow bigger and bigger, recently ordered another BFLS." "And hoping to buy more FPGA/ASICS in the near future."
ericmuys_: makes more sense to keep a good reputation on your word and put them into ABM, try to revise the contract with stock holder majority?
ericmuys_: just sayin, spinning up new companies is kind of :-/
ericmuys_: new company, I will take over the world and you can come, buy my overpriced IPO. fun! argh im bored and want new terms, new company! bye believers. hey, buy my new company we'll do it this time
fiat500: ericmuys_: serial entrepreneurship
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.0207 = 0.0621 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 20 @ 0.020849 = 0.417 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.5 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 7 @ 0.021 = 0.147 BTC [+]
assbot: [HAVELOCK] [ASICM] 38 @ 0.021 = 0.798 BTC [-]
assbot: [HAVELOCK] [ASICM] 240 @ 0.021 = 5.04 BTC [-]
assbot: [HAVELOCK] [ASICM] 14 @ 0.021 = 0.294 BTC [-]
ericmuys_: buying a few machines that do nothing but hash sha256 don't warrant more than one company. the existing company and new company have one purpose: sha256. would not touch with 10 foot pole.
assbot: [BTCTC] [BTC-GOLD] 9 @ 0.0061 = 0.0549 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.076 BTC [-]
furuknap: I'd be happy if someone could point out flaws in the math. Right now it's mostly "but I want this to not be true!" which isn't really doing anything for anyone.
ThickAsThieves: my guess is you used a million words to say stuff we already discussed
fiat500: actually his thesis appears to be that inflation is good because you have more units for the same value
fiat500: someone's been spending too much time on the silk road
fiat500: parallel to your argument furuknap is: i have a pc that i do software dev on for an hourly rate, hence the lower my hourly rate the more i profit because the value of my pc denominated by my hourly rate increases
furuknap: You are quite free to demonstrate your lack of understanding by using different analogies. It doesn't change the math.
fiat500: its the same argument you made, replacing pc for mining hardware, and hourly rate for btc/usd
ericmuys_: furuknap: his analogy is spot on. your math is twisted.
ericmuys_: yes the math is correct, but it should not be applied to the situation you apply it to
furuknap: Then explain where the math is wrong. Use the trading I explained and run the numbers. Prove me wrong, please. I so want this to not be right too.
fiat500: if i cared to spend on things using my hourly rate, and the conversion from my hourly rate to other items remained constant, then your math is solid
fiat500: but this isnt the case with btc (yet?), perhaps one day its real world value will be independent from fiat
furuknap: You analogy is completely irrelevant in that you don't retain your hours for later resale at a higher value.
ericmuys_: you're wasting a bunch of peoples time on nonsense. I want my 10 minutes back
furuknap: If instead you _contracted_ someone at the low rate that you could later resell at a higher rate, then you might be closer.
furuknap: Thus you demonstrate your lack of understanding my using an analogy that doesn't work.
ericmuys_: ThickAsThieves: I would like them back in what furuknap's smokin'
assbot: [HAVELOCK] [SDICE] 1 @ 0.2499 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.2499 = 1.2495 BTC [+]
fiat500: furuknap: 2 scenarios here, i generate 1btc per day using hardware i spent 10btc on and have already broken even, i want to pay rent in USD, in which scenario do i profit more, if USD is at 100 or if USD is at 1?
ericmuys_: I'm joking, but you need to take a step back away from the monitor
fiat500: you cant get around the fact that the higher the rate the more real money you get out of it
fiat500: and real money = real value
furuknap: Again, you're clearly demonstrating your utter lack of understanding, but I'm not really going to explain it to you yet again.
fiat500: i think you're on shrooms :)
assbot: [BTCTC] [B.YABMC] 5 @ 0.01624 = 0.0812 BTC [-]
furuknap: Your thinking is not very relevant to math. What you think is about as relevant as the current weather.
ericmuys_: you are not the special 1 in 1 million people who "see through the veil." not this time. I know it may feel good to fight the mainstream of sheeps, but you're wrong. the logic is twisted to make it seem like you are.
fiat500: furuknap: alright man, im going to sit and build a formal proof for you later today
fiat500: right now im trying to find a sweet security to invest in
ericmuys_: furuknap: if he does, he's doing you a huge favor. i'm not going to bother
fiat500: where are the miners selling shares and not scamming everyone
dub: PsychoticBoy ismining with giga? Last time I saw PsychoticBoy he was talking about hiring someone to kill giga
ThickAsThieves: furuknap some AM sold at 2.2 last night, what does that put your losses at for cashing out early?
ericmuys_: something's not quite right with our boy PsychoticBoy
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.020849 = 0.0417 BTC [-]
fiat500: ThickAsThieves: you think AM is going to get to 3 or 4?
ericmuys_: unless he bought at >= 2.2, I wouldn't call it a loss because cashing out early != losing, but it's a very similar analogy in that *the math* is correct, but the logic is twisted, just like his article.
ericmuys_: I understand that was intentional :)
fiat500: if they double or triple their hash rate you dont think thatll be reflected in the share price?
dub: they can't double hashrate
ThickAsThieves: but there are already an increasing amount of noobs on this train
fiat500: they're only at 24% right now, they could double and still not risk 51%
dub: I'm assuming they are hiding some
fiat500: there is at least 200TH/s of BFL crap on order
dub: fiat500: how much has shipped?
fiat500: dub: im not talking about tomorrow, lets assume only 30% of it ships
PsychoticBoy: true, I was angry at giga, but we are cool now
ThickAsThieves: then AM will just stop sellkng and start putting more hashes onlkne
fiat500: we're all just speculating
fiat500: but saying they "cant double"...
ericmuys_: they will hold this incline upward. trust in friedcat.
BitHub: but its not like 1 person ordered 200th
furuknap: TAT: My article on evaluating mining companies will be delayed. It's too difficult to write something generic because the profiles of currenct assets are too different.
fiat500: just that theres no need to throttle anymore at that point
BitHub: asicminer as a company probably has 200th up their sleeve, just sitting there waiting
assbot: [HAVELOCK] [SDICE] 9 @ 0.2499 = 2.2491 BTC [+]
fiat500: which is why im wondering where this "they cant double 18TH" comes from
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
fiat500: so whats the next AM satoshi stock? :P
BitHub: heh that's what we're on the hunt for
BitHub: 100th mine - could be the second asicminer
furuknap: Geez, this is turning into the trollbox.
fiat500: invest in TAT investments then? :P
dub: dood get in on this batjewcoin
ThickAsThieves: a sleeper investment isnt found by people thatthru greed
assbot: [HAVELOCK] [SDICE] 1 @ 0.2391 BTC [-]
truffles: <ThickAsThieves> a sleeper investment isnt found by people thatthru greed>>> so far thats all i see in btc land
dub: people should certainly be more scared about AM
dub: its surprising there is not more noise about an algo swap
dub: a hard fork to sink AM
dub: its likely they could turn up >50%
dub: not that they need that much
PsychoticBoy: who hoe that would mean I can setup my GPU rigs again :D
dub: would be a good test
dub: might be a hard sell with guild though :)
dub: coding is for monkeys
truffles: well i get accused of being a troll itc
truffles: whats higher than a programmer in cyberworld?
dub: a network engineer on sake and tramadol
assbot: [MPEX] [S.MPOE] 27963 @ 0.0006706 = 18.752 BTC [+]
dub: spun out on hairpin, got t-boned by kart behind
truffles: i guess in my mind a programmer already knows how to do circuit wirings..
truffles: would u say one(programmer) designs the webspace and the other(NT engineer) maps it?
gribble: The expected generation output, at 10000.0 Mhps, given difficulty of 11187257.4614, is 0.449535123481 BTC per day and 0.018730630145 BTC per hour.
gribble: Current Blocks: 237050 | Current Difficulty: 1.1187257461360792E7 | Next Difficulty At Block: 237887 | Next Difficulty In: 837 blocks | Next Difficulty In About: 5 days, 19 hours, 30 minutes, and 0 seconds | Next Difficulty Estimate: 11928082.3911 | Estimated Percent Change: 6.62204
truffles: are u having a great day today?
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.5 = 1 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.137 BTC [+]
assbot: [BTCTC] [COG.F] 12 @ 2.5 = 30 BTC [+]
ericmuys_: truffles: most programmers don't touch circuits.
truffles: well theyre still skilled at something
ericmuys_: most paid for a degree and collect a 9-5 salary at a keyboard doing C# PHP or something, that's it.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.135 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1392 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 2.1395 = 14.9765 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.14 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.15 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16 BTC [+]
Chaaang-Noi: I was taken in custody by the police in Wednesday at about 18:30,
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.020849 = 0.1042 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 20 @ 0.021 = 0.42 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1694 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1695 BTC [+]
kakobrekla: >Don't worry about me. This is normal (for me, at least). Finland is a good country as regards the treatment of nuts.
deadweasel: "MP's penance will be the the duration of his public insult + 20%. He knows the math." <<< lulz
fiat500: truffles: that wasnt an option
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1694 BTC [-]
fiat500: now im about 50:50 AM and COG
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1695 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 2.1695 = 8.678 BTC [+]
ThickAsThieves: if AM doesnt payout any hardware sales this div, there will be a lot of sad pandas
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 41 @ 0.021 = 0.861 BTC [+]
ThickAsThieves: i just dont see it as good enough diversification or hedging, if that's your aim
fiat500: ThickAsThieves: ive also ordered my own mining hardware, this is just for fun
ThickAsThieves: so i can yell at people for lowering bids when they dont need to
fiat500: what security are you talking about
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1023 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]
ericmuyser: Is it safe to eat two day old bread? if there's mold, be bold!
assbot: [MPEX] [S.MPOE] 26553 @ 0.00067195 = 17.8423 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.5 = 2 BTC [+]
assbot: [BTCTC] [BITVPS] 2 @ 0.000696 = 0.0014 BTC [-]
orkaa: two day old bread?
orkaa: that's basically fresh
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.17 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1748 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.174899 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1749 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.174997 = 6.525 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.174998 = 6.525 BTC [+]
jurov: depends in what conditions was that bread
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.021494 = 0.129 BTC [+]
assbot: [MPEX] [S.MPOE] 5937 @ 0.0006706 = 3.9814 BTC [-]
assbot: [MPEX] [S.MPOE] 3386 @ 0.00067059 = 2.2706 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 46 @ 0.021495 = 0.9888 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 65 @ 0.021499 = 1.3974 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 250 @ 0.021499 = 5.3748 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 70 @ 0.021511 = 1.5058 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 200 @ 0.021511 = 4.3022 BTC [+]
deadweasel: nothing like a halluciogenic trip before your feet rot off.
assbot: [BTCTC] [TAT.ASICMINER] 198 @ 0.021595 = 4.2758 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1748 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 14 @ 0.021595 = 0.3023 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 78 @ 0.021595 = 1.6844 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.174998 BTC [+]
truffles: <ericmuyser> Is it safe to eat two day old bread? if there's mold, be bold!>>> remove mold make breadpudding
ericmuyser: pay my loans or more into AM, these are my dilemmas
truffles: id make it a lot but im the only one who likes it in the house
assbot: [MPEX] [S.MPOE] 6114 @ 0.00067059 = 4.1 BTC [-]
ericmuyser: 200% over 4 years, losing $90 (reduced gradually) on each monthly $140 payment. $4200 total
truffles: sounds like a no brainer though, ure going to be balls deep in that
ericmuyser: oh what I could use that 4k on today though :)
assbot: [BTCTC] [S.DICE-PT] 3 @ 0.00279 = 0.0084 BTC [+]
ericmuyser: bed, tv, etc. so it's on my credit score but each $140 payment is helping credit anyway.
truffles: pics of this overpriced furniture
truffles: didnt even get projector screens..
ericmuyser: should have put this in btc haha but regardless.. losing $90 a month.. i can make more than that on the market
ericmuyser: I sold it all and moved to japan, so ya i'm sittin on a shitty $25 chair
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.1999 = 0.3998 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 7 @ 0.021595 = 0.1512 BTC [+]
ericmuyser: what would you do? pay it off? i'm still young enough to take risks and I have a stable career so I wont go bankrupt
gribble: Error: "bugpowder" is not a valid command.
gribble: bugpowder was last seen in #bitcoin-assets 3 days, 13 hours, 29 minutes, and 2 seconds ago: <Bugpowder> taub asks are getting eaten
deadweasel: centipede looks like it was made with old skateboard decks.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.13 BTC [-]
assbot: [MPEX] [S.MPOE] 3886 @ 0.00066941 = 2.6013 BTC [-]
truffles: ok im gonna stop looking at chairs...
truffles: just something similar from google
truffles: looks like ashes all over the top
PsychoticBoy: I am from the netherlands, I can bake a cake for all of you
PsychoticBoy: this was the birthday cake for a friend of mine :D
truffles: sounds like u know how to have fun !
PsychoticBoy: When all is possible in the country you live in, why not ;)
PsychoticBoy: I dont need SR, I can walk across the street and buy some, legally
Chaaang-Noi: okay i have 2 photos, where do i host them?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.130001 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.13 BTC [-]
truffles: its just sitting on the chair like that, rly saying come on over to me..
Chaaang-Noi: lol PBoy i only smoke cigars, not much weed. once every 6 months or so:)
assbot: [HAVELOCK] [ASICM] 14 @ 0.0211 = 0.2954 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.122 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 2.121 = 42.42 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.121 = 4.242 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.173899 BTC [+]
assbot: [HAVELOCK] [ASICM] 17 @ 0.02119999 = 0.3604 BTC [+]
assbot: [HAVELOCK] [ASICM] 10 @ 0.02129 = 0.2129 BTC [+]
assbot: [HAVELOCK] [ASICM] 73 @ 0.02145 = 1.5659 BTC [+]
assbot: [HAVELOCK] [ASICM] 100 @ 0.02144999 = 2.145 BTC [-]
assbot: [HAVELOCK] [ASICM] 252 @ 0.02145 = 5.4054 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 25 @ 0.021495 = 0.5374 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1738 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.17385 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.173899 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.174 = 6.522 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1738 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.17385 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.174 BTC [+]
ThickAsThieves: [10:08] <JackH> now, I bought alot of asicminer shares
ThickAsThieves: [10:09] <JackH> arent they supposed to be 2BTC per share?
assbot: [BTCTC] [PAJKA.BOND] 2 @ 0.1052 = 0.2104 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.1052 = 0.3156 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.5 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.174499 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1745 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.17479 = 10.874 BTC [+]
Chaaang-Noi: <deadweasel> Chaaang-Noi: looks comfy! it is thanks :)
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.131 = 4.262 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.130001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.13 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.126 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.125001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.123 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.122 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1212 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 2.121 = 12.726 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.121001 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.121 = 4.242 BTC [-]
fiat500: "Because you see, my dear fellows, not everyone on the Internet is the same. Not all black people are niggers,"
assbot: [BTCTC] [TAT.ASICMINER] 50 @ 0.021495 = 1.0748 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.15 = 4.3 BTC [+]
assbot: [HAVELOCK] [ASICM] 12 @ 0.02145 = 0.2574 BTC [+]
truffles: i dont read his blogs, he sure is trying to be scandalous
assbot: [BTCTC] [COGNITIVE] 1 @ 0.259704 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.149999 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 140 @ 0.02133 = 2.9862 BTC [-]
assbot: [HAVELOCK] [ASICM] 5 @ 0.02145 = 0.1073 BTC [+]
fiat500: Chaaang-Noi: i took the plunge and bought 30btc worth of cog.f :P
assbot: [BTCTC] [GSDPT] 50 @ 0.00273 = 0.1365 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.149999 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.125001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.125 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.15 = 6.45 BTC [+]
assbot: [HAVELOCK] [ASICM] 9 @ 0.02145 = 0.1931 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 25 @ 0.00279 = 0.0698 BTC [+]
fiat500: many people want a time machine to go back in time, at present, i would like a time machine to send me forward a few months
truffles: putting urself closer to death..
fiat500: thats a dark way of looking at it
assbot: [BTCTC] [BITVPS] 28 @ 0.000696 = 0.0195 BTC [-]
truffles: glitch in my brain matrix there heh
fiat500: anyone know whats up with bitvps, these guys cant turn a profit it seems, lol
jurov: they got raped by ghost
ThickAsThieves: [10:27] <truffles> putting urself closer to death.. < not true
assbot: [BTCTC] [TAT.ASICMINER] 18 @ 0.02133 = 0.3839 BTC [-]
fiat500: really sad tbh, i wanna see more internet services built on btc
truffles: we dont know how time machines affect of us so : p
fiat500: Chaaang-Noi: i think maybe COG.F shareholders deserve a say in how their money is spent
truffles: i was going to beat u to typing that !
fiat500: rather than leave it to the unwashed masses in COGNITIVE whose interests are a quick payoff
jurov: lol it's not their money... where do you have the notion from?
fiat500: jurov: humor me, whose is it then?
assbot: [MPEX] [S.MPOE] 18983 @ 0.00067097 = 12.737 BTC [+]
jurov: those who have teh private key?
fiat500: what point are you trying to make
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.021011 = 0.2101 BTC [-]
assbot: [HAVELOCK] [ASICM] 113 @ 0.02145 = 2.4239 BTC [+]
fiat500: jurov: i am talking about COG.F
fiat500: fund designed for purchase of new hardware, but funnily enough with no voting power (COGNITIVE shareholders get to decide how it is spent)
jurov: okay to me it looks like a loan. and borrower thus owns the coins, with purported obligation to fullfill some conditions later
assbot: [BTCTC] [CRYPTO-TRADE] 3 @ 0.1999 = 0.5997 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 4 @ 0.021329 = 0.0853 BTC [+]
jurov: whole thing says plenty how poorly bitcoin assets work. garrett cannot accept promises from prospective shareholders that they will have the coins
jurov: "when the opportunity becomes available (Whether it be Avlalon, BFL, or other)"
fiat500: im not talking about obligations here, im saying it is weird that holders of COGNITIVE, whose interests are a quick payoff, get to decide how the money provided by COG.F investors is spent
jurov: he has actually to take the coins and do the escrow himself
fiat500: the price we pay for lack of regulation?
fiat500: anyway im not too bothered by it, just thinking out loud
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.021329 = 0.128 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.149496 BTC [-]
mircea_popescu: <jurov> okay to me it looks like a loan. and borrower thus owns the coins, with purported obligation to fullfill some conditions later << methinks j man has been doing a lot of reading up lately.
jurov: nah im just pretending
mircea_popescu: hehe. it is a good thing. and you are exactly correct, by thwe way, it's a point few people understand
mircea_popescu: that's why it's not legally surprising a bank takes its depositor funds. they are unsecured creditors. the bank is the owner of all funds deposited by anyone.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.149497 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 2.149989 = 12.8999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 2.14999 = 32.2499 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 21 @ 2.15 = 45.15 BTC [+]
assbot: [MPEX] [S.MPOE] 21147 @ 0.00067089 = 14.1873 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 20 @ 2.15 = 43 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.150001 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 2.15 = 12.9 BTC [-]
b0n1: what would you say is a fair rate for lending btc short?
mircea_popescu: b0n1 not quite enough market data yet to answer that q.
truffles: wonder if fur's analysis helped with that TAT
fiat500: b0n1: going rate on bfx is 0.02%/day
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021495 BTC [+]
b0n1: fiat500, yeah i saw that, but that does look extremely low in my oppinion
ThickAsThieves: i dont think anyone could read furuknap's analysis without their eyes crossing and moving on
assbot: [MPEX] [S.MPOE] 15700 @ 0.00066815 = 10.49 BTC [-]
assbot: [MPEX] [S.MPOE] 2450 @ 0.00066751 = 1.6354 BTC [-]
fiat500: b0n1: point is if you try to charge more, you wont find borrowers
mircea_popescu: as far as i know tho, it's the borrowers who come to the terms of the lender
fiat500: heh, on bfx they are quite desperate
fiat500: variable interest rate nets >70% p.a
ThickAsThieves: but in mpex i'd have to trade mpoe back and forth all day
fiat500: mircea_popescu: right, but thats still pretty high
mircea_popescu: afaik this was discussed in the forum fiat500. the blowout rate was like 30%, making any interest under 5k pa or so a losing proposition.
mircea_popescu: ThickAsThieves you know most pro traders irl trade one asset class.
fiat500: i borrowed $20k on margin for a long position a few days ago, made $1700 but also had to pay $200 swap
mircea_popescu: might explain why actual ws types aren't as worried about it as the forum variety seekrs.
fiat500: so its a non-negligible amount of money
jurov: <ThickAsThieves> and jurov already ahs that market cornered <<< haha i'm rly so scary?
truffles: friendly competition isnt so bad
assbot: [HAVELOCK] [ASICM] 1 @ 0.02145 BTC [+]
assbot: [HAVELOCK] [ASICM] 335 @ 0.02145 = 7.1858 BTC [+]
assbot: [HAVELOCK] [ASICM] 9 @ 0.02145119 = 0.1931 BTC [+]
assbot: [HAVELOCK] [ASICM] 106 @ 0.0214512 = 2.2738 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021495 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 18 @ 0.021495 = 0.3869 BTC [+]
assbot: [HAVELOCK] [ASICM] 170 @ 0.0214512 = 3.6467 BTC [+]
assbot: [HAVELOCK] [ASICM] 3 @ 0.0214512 = 0.0644 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.168899 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1689 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.15 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 4 @ 0.021512 = 0.086 BTC [+]
deadweasel: we are all food, we are all meant to be eaten.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.168 = 4.336 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1689 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.169 BTC [+]
deadweasel: for every 1 human cell there are 10 non-human cells in our bodies.
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.178 = 6.534 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.178 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.17998 = 4.36 BTC [+]
assbot: [HAVELOCK] [ASICM] 1 @ 0.02120002 BTC [-]
ThickAsThieves: [11:58] <deadweasel> we are all food, we are all meant to be eaten. < that might be debatable
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [-]
assbot: [HAVELOCK] [ASICM] 6 @ 0.02120002 = 0.1272 BTC [-]
assbot: [HAVELOCK] [ASICM] 100 @ 0.02144 = 2.144 BTC [+]
assbot: [HAVELOCK] [ASICM] 94 @ 0.02145 = 2.0163 BTC [+]
deadweasel: ThickAsThieves: when you die you will be eaten, unless cremated or taxidermied
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [-]
ThickAsThieves: and say we are meant to be eaten by the universe itself
assbot: [BTCTC] [BTC-TRADING-PT] 2 @ 0.2611 = 0.5222 BTC [+]
deadweasel: no, not yet, I downloaded the first few, but GF was frightened so didn't get through 5 minutes of first one.
deadweasel: that whole movie was unnecessary, i think I'll skip Hannibal unless I'm very bored.
deadweasel: borgias and game of thrones are filled the ARCHER void for me right now.
deadweasel: if I could watch new episodes of archer for the rest of my life I'd seriously consider it.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.158 BTC [-]
deadweasel: it's not worth it, all drama, not enough historical action or battlefield action
deadweasel: archer is the mutherloving best show I've ever seen.
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.00279 = 0.0279 BTC [+]
deadweasel: yeah ThickAsThieves, people smarter than I are waiting for all the seasons to finished and then do the 5 day marathon vacation with the box set.
deadweasel: that way the smaller subplots hook better and you're more interested in the drama.
ThickAsThieves: yeah I always feel like I need like 30 more min per ep
deadweasel: i forget, you in the states ThickAsThieves ?
assbot: [HAVELOCK] [ASICM] 100 @ 0.02144 = 2.144 BTC [-]
assbot: [HAVELOCK] [ASICM] 6 @ 0.02145 = 0.1287 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16 BTC [+]
deadweasel: then pls help kill CISPA round two. :)
assbot: [HAVELOCK] [ASICM] 100 @ 0.02144999 = 2.145 BTC [-]
assbot: [HAVELOCK] [ASICM] 100 @ 0.02145 = 2.145 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.168 = 4.336 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021595 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.168 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.021011 = 0.2101 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021011 BTC [-]
assbot: [HAVELOCK] [ASICM] 100 @ 0.02146 = 2.146 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.000646 = 0.0065 BTC [-]
assbot: [BTCTC] [B.YABMC] 10 @ 0.015 = 0.15 BTC [-]
assbot: [BTCTC] [B.YABMC] 1 @ 0.015 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1798 BTC [+]
assbot: [HAVELOCK] [ASICM] 65 @ 0.02146 = 1.3949 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021011 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 23 @ 0.021011 = 0.4833 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.179 = 4.358 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 32 @ 0.021011 = 0.6724 BTC [-]
assbot: [HAVELOCK] [ASICM] 34 @ 0.02148899 = 0.7306 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.239 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 1.6 = 8 BTC [-]
assbot: [HAVELOCK] [ASICM] 3 @ 0.02148899 = 0.0645 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.179 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.17998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.179999 = 6.54 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.18 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.18 = 10.9 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 1.6 = 6.4 BTC [-]
assbot: [MPEX] [S.MPOE] 6427 @ 0.00067053 = 4.3095 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.021011 = 0.2101 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 1.6 = 6.4 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 75 @ 0.021011 = 1.5758 BTC [-]
gribble: mjr___ was last seen in #bitcoin-assets 2 weeks, 0 days, 9 hours, 14 minutes, and 52 seconds ago: <mjr___> talk to you later, and i'll let you know how it goes in union square
assbot: [BTCTC] [TAT.ASICMINER] 20 @ 0.021011 = 0.4202 BTC [-]
aknap3: oh come on, don't pretend you don't know those are my options :)
aknap3: well, you fooled me then
mircea_popescu: and why are options trading in the underlying or wtf nonsense have you kids cooked up this time ?
aknap3: it's a stupid setup the way options are reported
aknap3: on the other hand, it's great for poking fun at
gribble: mjr_ was last seen in #bitcoin-assets 4 days, 22 hours, 11 minutes, and 49 seconds ago: <mjr_> hey Bugpowda
assbot: [HAVELOCK] [HIM] 1 @ 1.7 BTC [+]
ThickAsThieves: it's probably a pita to code it just so gribble sees options differently
assbot: [BTCTC] [TAT.ASICMINER] 33 @ 0.021011 = 0.6934 BTC [-]
mircea_popescu: why don't options get their own mpsics like in NORMAL SANE PEOPLE LAND
jcpham: selling all the things today
deadweasel: ;;later tell mjr_ #BTCPro is discussing buttonwood and your blog write up of it, they like it.
jcpham: buy all the cheap things
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.188 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.021594 = 0.108 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 2 @ 0.000646 = 0.0013 BTC [-]
deadweasel: don't worry, I'm all cash except cold storage, i won't steal your cheap things
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.5 = 2 BTC [+]
b0n1: do you leave your BTC on your gox acc? how do you estimate the risk?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.188 = 4.376 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.188 = 4.376 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 2.188 = 13.128 BTC [+]
saulimus: can't you lose usd also? thieves can just buy coins with your usd and transfer out
assbot: [BTCTC] [ASICMINER-PT] 5 @ 1.6 = 8 BTC [-]
deadweasel: saulimus: coins are way easier to steal and spend again, electronic funds can be reversed
assbot: [BTCTC] [ASICMINER-PT] 3 @ 1.6 = 4.8 BTC [-]
deadweasel: if they had trade access and withdraw access, they could
deadweasel: but you'd have to have really lax security measure for that to happen.
assbot: [HAVELOCK] [ASICM] 63 @ 0.02148899 = 1.3538 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 1.6 = 4.8 BTC [-]
deadweasel: I only use info and trade on my api keys
saulimus: I read on reddit some cases where 2fa was on but they still stole everything
b0n1: if your account password gets hacked, both fiat and btc can be stolen easily like
b0n1: i think this one way password makes things much safer
b0n1: but does it work for you?
assbot: [HAVELOCK] [ASICM] 4 @ 0.02149 = 0.086 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.189 = 4.378 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.198 = 4.396 BTC [+]
assbot: [HAVELOCK] [ASICM] 3 @ 0.02149 = 0.0645 BTC [+]
assbot: [HAVELOCK] [ASICM] 525 @ 0.02149 = 11.2823 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.021592 = 0.108 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.021593 = 0.2159 BTC [+]
assbot: [HAVELOCK] [ASICM] 65 @ 0.02149 = 1.3969 BTC [+]
jcpham: anyone selling ripple?
jcpham: deadweasel i'm exiting
inhies: ThickAsThieves: is there any way to find other blocks that were mined by them
jcpham: time to go. you guys have fun. i'm getting that glbse feeling
jcpham: right before glbse closed i felt like i should've sold everything
jcpham: thanks for TAT.ASICMINER
inhies: jcpham: sell me your shares 4 cheap plz
jcpham: paranoia and nothing else.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1875 BTC [-]
deadweasel: jcpham: i respect that. guts often know things our conscious minds don't.
assbot: [MPEX] [S.MPOE] 26900 @ 0.00067089 = 18.0469 BTC [+]
deadweasel: maybe it's the flora in your gut, it noes more than your brains!
deadweasel: jcpham: i'm out of assets too and BTC, except for my cold storage egg
jcpham: mostly assets i'm talking about
jcpham: might be worst time ever to exit
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.187 = 4.374 BTC [-]
jcpham: dumping is what i'm doing
jcpham: all shares.lowest price
deadweasel: i did what jcpham did for the same reasons. course it was self-fulfilling prophecy as I dumped sdice.
assbot: [HAVELOCK] [ASICM] 226 @ 0.02149 = 4.8567 BTC [+]
Chaaang-Noi: i slowly sell as it goes up, so i always win, unless it goes down, and i just by more, sop i win later :)
jcpham: i'm more concerned with my locality
assbot: [BTCTC] [S.DICE-PT] 6 @ 0.00279 = 0.0167 BTC [+]
jcpham: mircea was disgusted at ripple comment
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.154202 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.154201 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1542 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1542 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.112101 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1121 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.112001 = 4.224 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.106 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.105 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.103001 BTC [-]
jcpham: asicminer passthorugh still looks sexy
aknap3: damn shame to see those go so cheap
assbot: [HAVELOCK] [ASICM] 3 @ 0.02165119 = 0.065 BTC [+]
jcpham: i was buying at .6 or so
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.103001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.103 = 10.515 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1005 = 6.3015 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.050001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.05 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.05 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0353 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.0352 = 6.1056 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0351 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.035 = 10.175 BTC [-]
aknap3: means we don't get sniped later
assbot: [MPEX] [S.MPOE] 8250 @ 0.00067071 = 5.5334 BTC [-]
assbot: [HAVELOCK] [ASICM] 150 @ 0.02150001 = 3.225 BTC [-]
assbot: [HAVELOCK] [ASICM] 1204 @ 0.0215 = 25.886 BTC [-]
assbot: [HAVELOCK] [ASICM] 5 @ 0.0215 = 0.1075 BTC [-]
assbot: [HAVELOCK] [ASICM] 41 @ 0.02145 = 0.8795 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.0215 = 0.0645 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.021102 = 0.0633 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 29 @ 0.0211 = 0.6119 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 4 @ 0.021011 = 0.084 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 20 @ 0.02101 = 0.4202 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 39 @ 0.021 = 0.819 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.5 = 1.5 BTC [+]
deadweasel: In my job just now, I was writing up a defect, and I wrote 'cointained' instead of 'contained'.
deadweasel: cointaind, sounds like a daemon for something interesting.
assbot: [MPEX] [O.USD.P122N] 26 @ 0.18066167 = 4.6972 BTC
FabianB: not enough trades for OIX currently it seems
jborkl: wait, are you a prostitue?
deadweasel: ThickAsThieves, lulz, i used to do IT work for small/medium sized biz... the shit I would clean out of some of their computers.... man.
jborkl: you said client, so IDK
deadweasel: he's a prostitute that sets up your email.
jborkl: whatever floats your boat, not my place to judge
asa1024: <- will have sex with chicks for btc
assbot: [BTCTC] [ASICMINER-PT] 10 @ 2.1 = 21 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.129998 BTC [+]
assbot: [HAVELOCK] [ASICM] 50 @ 0.0215 = 1.075 BTC [+]
assbot: [HAVELOCK] [ASICM] 9 @ 0.02145 = 0.1931 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.042002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.042001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.042 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.036 = 6.108 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0353 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 2.03501 = 12.2101 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 90 @ 0.021 = 1.89 BTC [-]
aknap3: so that solo block -- geoip puts it in .... Romania.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.035 = 4.07 BTC [-]
aknap3: I expected elaborate conspiracy theories
aknap3: ie: friedcat is actually hired by mp to take care of the mining side of the operation
assbot: [HAVELOCK] [ASICM] 50 @ 0.0213 = 1.065 BTC [-]
ThickAsThieves: it's an interesting turn for Canada, they could benefit greatly from being the un-USA in a lot of ways
assbot: [HAVELOCK] [ASICM] 10 @ 0.02119 = 0.2119 BTC [-]
assbot: [HAVELOCK] [ASICM] 190 @ 0.0211 = 4.009 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.0213 = 0.0639 BTC [+]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19117 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.191 = 0.382 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 1 @ 0.19001 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 2 @ 0.19 = 0.38 BTC [-]
assbot: [BTCTC] [CRYPTO-TRADE] 4 @ 0.19 = 0.76 BTC [-]
aknap3: we already benefit from being the un-USA
ThickAsThieves: ("2 weeks" is trademark of the Butterfly Labs Corporation. All rights reserved.)
aknap3: right up there with 9000
assbot: [HAVELOCK] [ASICM] 2 @ 0.02159999 = 0.0432 BTC [+]
deadweasel: kakobrekla, good read. i doubt there will be much bitcoin-tourism just yet, but a few more FinCen fuck ups and we might.
aknap3: I live 5 mins from the border -- we cross even if gas is cheaper on the other side.
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.0213 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.02144 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 23 @ 0.02144 = 0.4931 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 473 @ 0.02144 = 10.1411 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.129998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.166 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.166599 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1666 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.24 BTC [+]
assbot: [HAVELOCK] [ASICM] 20 @ 0.02159999 = 0.432 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 48 @ 0.02145 = 1.0296 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 399 @ 0.02144 = 8.5546 BTC [-]
assbot: [HAVELOCK] [HIM] 13 @ 1.5251 = 19.8263 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 48 @ 0.02144 = 1.0291 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.7479 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.748 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.165999 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.105001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.105 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.100002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.1 = 4.2 BTC [-]
assbot: [HAVELOCK] [ASICM] 15 @ 0.02159999 = 0.324 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.165999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.165999 BTC [+]
gribble: Time since last block: 32 minutes and 52 seconds
gribble: Current Blocks: 237088 | Current Difficulty: 1.1187257461360792E7 | Next Difficulty At Block: 237887 | Next Difficulty In: 799 blocks | Next Difficulty In About: 5 days, 17 hours, 57 minutes, and 24 seconds | Next Difficulty Estimate: 11878854.0343 | Estimated Percent Change: 6.182
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.164 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 57 @ 0.02149 = 1.2249 BTC [+]
mod6: blockchain.info shows the last block as 237088
aknap3: all the GPU miners collectively gave up
jurov: i herd someone spilled beer on power strips
ThickAsThieves: jurov how am i sposed to bank off you if the hash goes down
jborkl: block chain info is wrong
jurov: nope. im sposed to bank off you
mod6: yeah blockchain.info is behind again... was talking about it in -otc
mod6: not sure if that has anything to do with the nethash drop
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.161999 BTC [-]
jurov: litecoin hashrate jumped up a bit, peaked 2 days ago
assbot: [HAVELOCK] [ASICM] 5 @ 0.02159999 = 0.108 BTC [+]
jurov: not sure how much, can't find better charts
assbot: [HAVELOCK] [ASICM] 10 @ 0.03 = 0.3 BTC [+]
assbot: [HAVELOCK] [ASICM] 5 @ 0.0216 = 0.108 BTC [-]
assbot: [HAVELOCK] [ASICM] 85 @ 0.02169 = 1.8437 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.135 BTC [-]
aknap3: <assbot> [HAVELOCK] [ASICM] 10 @ 0.03 = 0.3 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 9 @ 0.02149 = 0.1934 BTC [+]
aknap3: hey, maybe it's a put executing :)
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.135 = 4.27 BTC [-]
aknap3: I want to be that seller!
aknap3: It's in the history there too
assbot: [HAVELOCK] [ASICM] 156 @ 0.02169 = 3.3836 BTC [+]
assbot: [HAVELOCK] [ASICM] 509 @ 0.02169 = 11.0402 BTC [+]
assbot: [HAVELOCK] [ASICM] 15 @ 0.02169 = 0.3254 BTC [+]
assbot: [HAVELOCK] [ASICM] 206 @ 0.02169 = 4.4681 BTC [+]
assbot: [HAVELOCK] [ASICM] 80 @ 0.02175119 = 1.7401 BTC [+]
assbot: [HAVELOCK] [ASICM] 20 @ 0.0217512 = 0.435 BTC [+]
assbot: [HAVELOCK] [ASICM] 10 @ 0.02159999 = 0.216 BTC [-]
assbot: [HAVELOCK] [ASICM] 50 @ 0.02150001 = 1.075 BTC [-]
assbot: [HAVELOCK] [ASICM] 440 @ 0.0215 = 9.46 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.134999 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.135 BTC [+]
assbot: [BTCTC] [GSDPT] 400 @ 0.00273 = 1.092 BTC [-]
assbot: [MPEX] [S.MPOE] 6200 @ 0.00067071 = 4.1584 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.5 = 1.5 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 21 @ 0.02149 = 0.4513 BTC [+]
assbot: [BTCTC] [BITVPS] 1 @ 0.000697 BTC [+]
assbot: [HAVELOCK] [ASICM] 50 @ 0.02169 = 1.0845 BTC [+]
assbot: [MPEX] [S.MPOE] 884 @ 0.00067089 = 0.5931 BTC [+]
assbot: [MPEX] [S.MPOE] 13886 @ 0.00067165 = 9.3265 BTC [+]
gribble: The expected generation output, at 60000.0 Mhps, given difficulty of 11187257.4614, is 2.69721074089 BTC per day and 0.11238378087 BTC per hour.
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.000646 = 0.0065 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.070002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.07 BTC [-]
b0n1: hey guys! I just recognized that i still have an old pending pre order for a bfl 60 ghs miner for the old price of only 1300 $. Would you buy it when they ship to the end of april?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.07 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.065201 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0652 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.065 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0602 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.05001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0461 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.046 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.0402 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.035 = 6.105 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.030001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 13 @ 2.03 = 26.39 BTC [-]
assbot: [BTCTC] [BITVPS] 33 @ 0.000697 = 0.023 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021459 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.0212 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 20 @ 0.021101 = 0.422 BTC [-]
assbot: [HAVELOCK] [ASICM] 5 @ 0.02155001 = 0.1078 BTC [-]
assbot: [HAVELOCK] [ASICM] 9 @ 0.02155 = 0.194 BTC [-]
assbot: [HAVELOCK] [ASICM] 1 @ 0.0215 BTC [-]
assbot: [HAVELOCK] [ASICM] 69 @ 0.02130001 = 1.4697 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 15 @ 0.021 = 0.315 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 2.011 = 20.11 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.011 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.01004 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.01002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 2.01 = 16.08 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.97 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.965 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.96 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.95001 = 3.9 BTC [-]
parseval: I wonder if this is all Deadterra
assbot: [BTCTC] [TAT.ASICMINER] 33 @ 0.02071 = 0.6834 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.021458 = 0.0429 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.132997 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.132998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.13298 = 10.6649 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.12 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.00273 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 2.11 = 12.66 BTC [-]
assbot: [HAVELOCK] [ASICM] 39 @ 0.02135 = 0.8327 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 100 @ 0.0207 = 2.07 BTC [-]
gribble: mod6 was last seen in #bitcoin-assets 1 hour, 32 minutes, and 33 seconds ago: <mod6> im guessing not...
mod6: i've been workin uber hard lately :/
mod6: bunch of all night server migrations
mod6: stuff drives me crazy
mod6: whats the word? how's school goin?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.099 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 13 @ 0.020702 = 0.2691 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 18 @ 0.020701 = 0.3726 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 33 @ 0.02065 = 0.6815 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 15 @ 0.02065 = 0.3098 BTC [-]
assbot: [MPEX] [S.MPOE] 1006 @ 0.00067071 = 0.6747 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1089 BTC [+]
assbot: [MPEX] [S.MPOE] 8523 @ 0.00067053 = 5.7149 BTC [-]
mod6: thestringpuller: bah that sucks. you take the summer off though right?
assbot: [BTCTC] [TAT.ASICMINER] 5 @ 0.0206 = 0.103 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 59 @ 0.0203 = 1.1977 BTC [-]
ThickAsThieves: I want a Nexus S4 but the size of a Note 2 and a battery that lasts 3 days
assbot: [HAVELOCK] [ASICM] 5 @ 0.021512 = 0.1076 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.2391 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.109999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1628 BTC [+]
deadweasel: ThickAsThieves, i keep waiting to get a new phone and they just keep getting better, so I wait.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1629 BTC [+]
deadweasel: this old 3gs is about crapped out. ajilbroken and wacky
deadweasel: me either, thankfully only my small family calls me
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1628 = 6.4884 BTC [-]
mod6: (14:03) < thestringpuller> but I'm no working so I get time to chill << well at least you'll have some time to rest up during the summer.
deadweasel: i'd just get a prepaid old school nokia
assbot: [HAVELOCK] [ASICM] 1 @ 0.021512 BTC [+]
deadweasel: i don't want to carry a whole computer around all the time
gribble: smickles was last seen in #bitcoin-assets 6 weeks, 4 days, 5 hours, 30 minutes, and 23 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
Willdude123: I now have bought a sensible amount of shares of asicm. I have 0.13
assbot: [MPEX] [S.MPOE] 297 @ 0.00066863 = 0.1986 BTC [-]
assbot: [MPEX] [S.MPOE] 8067 @ 0.00067165 = 5.4182 BTC [+]
assbot: [MPEX] [S.MPOE] 1459 @ 0.00067195 = 0.9804 BTC [+]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
thestringpuller: Is it coincidental everytime someone sells short to the bot the price moves?
mod6: there were some next month puts that traded earlier
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.163 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.164399 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1644 = 6.4932 BTC [+]
mod6: (11:01) <@assbot> [MPEX] [O.USD.P122N] 26 @ 0.18066167 = 4.6972 BTC
assbot: [BTCTC] [TAT.ASICMINER] 9 @ 0.021095 = 0.1899 BTC [+]
jurov: no mention of drones, tho
assbot: [MPEX] [S.MPOE] 26183 @ 0.00067195 = 17.5937 BTC [+]
assbot: [MPEX] [S.MPOE] 2117 @ 0.00067324 = 1.4252 BTC [+]
jurov: jkjkjk it's not him
assbot: [HAVELOCK] [ASICM] 23 @ 0.021512 = 0.4948 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.239 BTC [-]
assbot: [HAVELOCK] [ASICM] 227 @ 0.021512 = 4.8832 BTC [+]
assbot: [HAVELOCK] [ASICM] 5 @ 0.021512 = 0.1076 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1642 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.1643 = 10.8215 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.16435 = 6.4931 BTC [+]
assbot: [HAVELOCK] [ASICM] 11 @ 0.02168999 = 0.2386 BTC [+]
fiat500: ThickAsThieves: not sure if serious
fiat500: i have the hardest time figuring out who is trolling here and who isnt
jurov: fiat500 we're stretching your mind, it's healthy
thestringpuller: fiat500: this channel is for bitcoin finance; a lot has been discussed here, you just have to sit and listen
thestringpuller: it's not too difficult to filter the bullshit from the real shit
assbot: [HAVELOCK] [ASICM] 49 @ 0.02168999 = 1.0628 BTC [+]
assbot: [HAVELOCK] [ASICM] 181 @ 0.02169 = 3.9259 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.02061 = 0.0618 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1647 BTC [+]
assbot: [HAVELOCK] [ASICM] 69 @ 0.02169 = 1.4966 BTC [+]
assbot: [HAVELOCK] [ASICM] 40 @ 0.02175119 = 0.87 BTC [+]
jurov: bullshit from batshit?
assbot: [BTCTC] [TAT.ASICMINER] 30 @ 0.0208 = 0.624 BTC [+]
assbot: [HAVELOCK] [ASICM] 137 @ 0.0217512 = 2.9799 BTC [+]
assbot: [HAVELOCK] [ASICM] 10 @ 0.0217512 = 0.2175 BTC [+]
assbot: [HAVELOCK] [ASICM] 17 @ 0.0217512 = 0.3698 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 9 @ 0.02091 = 0.1882 BTC [+]
dub: all trolling all the time
assbot: [MPEX] [S.MPOE] 8200 @ 0.00066753 = 5.4737 BTC [-]
assbot: [MPEX] [S.MPOE] 7750 @ 0.00066751 = 5.1732 BTC [-]
assbot: [MPEX] [S.MPOE] 11050 @ 0.0006654 = 7.3527 BTC [-]
assbot: [MPEX] [S.MPOE] 400 @ 0.0006649 = 0.266 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.0208 BTC [-]
assbot: [HAVELOCK] [ASICM] 4 @ 0.0217512 = 0.087 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1645 = 6.4935 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1645 BTC [-]
assbot: [HAVELOCK] [ASICM] 14 @ 0.0217512 = 0.3045 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.0208 = 0.1248 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 28 @ 0.0208 = 0.5824 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 30 @ 0.020911 = 0.6273 BTC [+]
gribble: BTCUSD ticker | Best bid: 121.30114, Best ask: 121.69999, Bid-ask spread: 0.39885, Last trade: 121.70000, 24 hour volume: 17266.03033417, 24 hour low: 120.10000, 24 hour high: 123.69000, 24 hour vwap: 122.32473
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.021095 = 0.0633 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00066023 = 0.6602 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.021095 = 0.211 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.021095 = 0.0422 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.021094 = 0.0633 BTC [-]
fiat500: mircea_popescu: temporary consolidation on the long winding road of uncertainty
assbot: [BTCTC] [BTC-TRADING-PT] 1 @ 0.2611 BTC [+]
assbot: [HAVELOCK] [ASICM] 231 @ 0.0217512 = 5.0245 BTC [+]
jborkl: Change the title to AM, noobs pay again!
assbot: [BTCTC] [COGNITIVE] 1 @ 0.215016 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 10 @ 0.021094 = 0.2109 BTC [-]
assbot: [HAVELOCK] [ASICM] 9 @ 0.02165 = 0.1949 BTC [-]
assbot: [HAVELOCK] [ASICM] 500 @ 0.02160001 = 10.8 BTC [-]
assbot: [HAVELOCK] [ASICM] 127 @ 0.0215 = 2.7305 BTC [-]
assbot: [HAVELOCK] [ASICM] 73 @ 0.0215 = 1.5695 BTC [-]
assbot: [HAVELOCK] [ASICM] 11 @ 0.0215 = 0.2365 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 46 @ 0.021011 = 0.9665 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 7 @ 0.021094 = 0.1477 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 23 @ 0.021095 = 0.4852 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 37 @ 0.0212 = 0.7844 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 57 @ 0.0213 = 1.2141 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 42 @ 0.021333 = 0.896 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021199 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.100421 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.499 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.010096 BTC [-]
assbot: [HAVELOCK] [ASICM] 11 @ 0.0217512 = 0.2393 BTC [+]
assbot: [HAVELOCK] [ASICM] 81 @ 0.0217512 = 1.7618 BTC [+]
assbot: [HAVELOCK] [ASICM] 8 @ 0.0217512 = 0.174 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.021199 = 0.1272 BTC [-]
assbot: [HAVELOCK] [ASICM] 451 @ 0.0217512 = 9.8098 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.16 = 4.32 BTC [+]
assbot: [MPEX] [S.MPOE] 8900 @ 0.00065924 = 5.8672 BTC [-]
assbot: [MPEX] [S.MPOE] 9100 @ 0.00065942 = 6.0007 BTC [+]
assbot: [HAVELOCK] [ASICM] 49 @ 0.0217 = 1.0633 BTC [-]
assbot: [MPEX] [S.MPOE] 50700 @ 0.00066442 = 33.6861 BTC [+]
assbot: [HAVELOCK] [ASICM] 206 @ 0.02179 = 4.4887 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 37 @ 0.0214 = 0.7918 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.159999 BTC [-]
assbot: [HAVELOCK] [ASICM] 7 @ 0.0217512 = 0.1523 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1644 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1645 = 6.4935 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16487 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1659 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 2.1659 = 6.4977 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 24 @ 0.0214 = 0.5136 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1658 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.1658 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.166 = 10.83 BTC [+]
assbot: [HAVELOCK] [ASICM] 47 @ 0.0217 = 1.0199 BTC [-]
assbot: [HAVELOCK] [ASICM] 47 @ 0.02175119 = 1.0223 BTC [+]
assbot: [HAVELOCK] [ASICM] 186 @ 0.0217512 = 4.0457 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.0214 = 0.0642 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 23 @ 0.0214 = 0.4922 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.015 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.165 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 5 @ 2.165 = 10.825 BTC [-]
assbot: [BTCTC] [BITVPS] 14 @ 0.000697 = 0.0098 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 2 @ 0.020821 = 0.0416 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 3 @ 0.020821 = 0.0625 BTC [-]
gribble: mircea_popescu was last seen in #bitcoin-assets 44 minutes and 7 seconds ago: <mircea_popescu> that aside, i'm sure they'll be paying someone.
gribble: yes I am gribble. why do you keep bothering me?
mircea_popescu: ThickAsThieves maybe he just wants to tell me random insane shit i said x time ago finally made sense to him.
ThickAsThieves: mp i'm wondering that now we are stable at 120ish, after all the bubbliness
mircea_popescu: well, you know... it's bitcoin. the only way is up (up! up!)
ThickAsThieves: i do think the next sign of up up up will give us another bubble
ThickAsThieves: but just wondering if you have any fundamental insight to the "natural" price in the next few mos
mircea_popescu: reasonably, the long term prospect of bitcoin is up. the long term prospect of volatility is down.
gribble: BTCUSD ticker | Best bid: 122.00000, Best ask: 122.19999, Bid-ask spread: 0.19999, Last trade: 122.20000, 24 hour volume: 17188.92127316, 24 hour low: 120.10000, 24 hour high: 123.69000, 24 hour vwap: 122.31359
gribble: There are currently 22499.007 bitcoins offered at or under 130.0 USD, worth 2863039.22976 USD in total. | Data vintage: 0.0190 seconds
thestringpuller: ThickAsThieves maybe he just wants to tell me random insane shit i said x time ago finally made sense to him. << pretty much, i don't want to spam the channel. mp is good people for this very reason.
mircea_popescu: <ThickAsThieves> the channel lives through much worse daily << it's kind of funny to me, this.
mircea_popescu: more than a year ago i left bitcoin-otc over a dispute about moderation.
mircea_popescu: that channel has gone pretty much to shit, in spite of a lot of rules, a lot of dicking about and a lot of nonsense.
assbot: [HAVELOCK] [ASICM] 1 @ 0.0217512 BTC [+]
mircea_popescu: this channel is pretty much the best venue in all of bitcoin, in spite of there being no mods and nobody giving a shit
mircea_popescu: the free market proves its superiority again and again and again
mircea_popescu: yet people NEVER are willing to just do the right thing for fucks sake.
ThickAsThieves: to hear something isnt always the same as understanding it
ThickAsThieves: i certainly ignored some things i shouldnt have early on
ThickAsThieves: or talking about how bitcoin will be $500 soon once it had hit $250
mircea_popescu: ThickAsThieves that was so funny, how keiser deleted all his content
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.16 BTC [-]
mircea_popescu: you know, the one annoying thing hitler did was... he didn;t simply kill all the jews he could get.
mircea_popescu: he killed the cool jews. at the time european jews were mostly hasiddic
mircea_popescu: which happens to be a pretty smart way to look at life and everything.
mircea_popescu: one of the chief points thereof being that if you ain't laughing you ain't got it.
mircea_popescu: well 10yo people aren't particularly jewish or anything else. just kids.
assbot: [BTCTC] [TAT.ASICMINER] 1 @ 0.021399 BTC [+]
ThickAsThieves: one jewish kid tried to pull baseball card scams on me
ThickAsThieves: so he was randomly doing some collectible radio show with his dad once
ThickAsThieves: yeah as kids we dealth in cards, candy, and cassingles
assbot: [MPEX] [S.MPOE] 15300 @ 0.00065885 = 10.0804 BTC [-]
assbot: [HAVELOCK] [ASICM] 137 @ 0.02175 = 2.9798 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.145 = 4.29 BTC [-]
assbot: [BTCTC] [TAT.ASICMINER] 4 @ 0.021399 = 0.0856 BTC [+]
assbot: [MPEX] [S.MPOE] 23300 @ 0.00065832 = 15.3389 BTC [-]
assbot: [MPEX] [S.MPOE] 6250 @ 0.00066442 = 4.1526 BTC [+]
assbot: [MPEX] [S.MPOE] 10550 @ 0.00067329 = 7.1032 BTC [+]
assbot: [BTCTC] [TAT.ASICMINER] 6 @ 0.0214 = 0.1284 BTC [+]
assbot: [MPEX] [S.MPOE] 21887 @ 0.00067366 = 14.7444 BTC [+]
assbot: [MPEX] [S.MPOE] 14816 @ 0.00067463 = 9.9953 BTC [+]
assbot: [MPEX] [S.MPOE] 17100 @ 0.00067534 = 11.5483 BTC [+]
assbot: [MPEX] [S.MPOE] 15150 @ 0.0006756 = 10.2353 BTC [+]
assbot: [MPEX] [S.MPOE] 10947 @ 0.00067599 = 7.4001 BTC [+]
assbot: [MPEX] [S.MPOE] 653 @ 0.00067599 = 0.4414 BTC [+]
assbot: [MPEX] [S.MPOE] 19644 @ 0.00067636 = 13.2864 BTC [+]
assbot: [MPEX] [S.MPOE] 18400 @ 0.00067666 = 12.4505 BTC [+]
assbot: [MPEX] [S.MPOE] 10450 @ 0.0006769 = 7.0736 BTC [+]
assbot: [MPEX] [S.MPOE] 28868 @ 0.00067734 = 19.5535 BTC [+]
assbot: [MPEX] [S.MPOE] 7400 @ 0.00068 = 5.032 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.499 BTC [-]
assbot: [HAVELOCK] [ASICM] 202 @ 0.02175 = 4.3935 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.16 = 4.32 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.166 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 2.166 = 4.332 BTC [+]
assbot: [HAVELOCK] [ASICM] 61 @ 0.02175 = 1.3268 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 2.166 BTC [+]