Forum logs for 02 Apr 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
smickles that's like when they were indexing people's root pw a while ago, but worse [00:00]
mircea_popescu you know... this is the disadvantge of having coders pretend they're ceos [00:00]
mircea_popescu when disaster strikes there's nobody to coordinate corporate efforts [00:00]
mircea_popescu because the ceo is busy coding. [00:01]
mircea_popescu total fuckery. [00:01]
benkay inb4 mpoe has legit ops [00:01]
mircea_popescu that aside. [00:01]
Bugpowder The inexorable rise of the calls... mmm tastes good [00:01]
smickles $vwap 101 [00:02]
mpexbot smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information. [00:02]
smickles bah [00:02]
smickles $vwap 102 [00:02]
mpexbot smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information. [00:02]
smickles $vwap c102t [00:02]
mpexbot smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information. [00:02]
smickles woah, something is actually wrong [00:02]
assbot [HAVELOCK] [KCIM] 2 @ 1.0479 = 2.0958 BTC [+] [00:02]
kakobrekla >>[16:27] Man, all these people thinking I ran off with money. Kinda sad. 3 day outage and I'm a theif now. [00:04]
kakobrekla like avalons holiday or sumthn? [00:05]
mircea_popescu his problem is more failing to address deprived's points than anything. [00:06]
ThickAsThieves ^ [00:06]
assbot [MPEX] [O.USD.C101T] 5 @ 0.23024804 = 1.1512 BTC [00:06]
Bugpowder ding ding ding [00:06]
kakobrekla that aside, how can one man band take a 3 days off like dat [00:06]
kakobrekla its unserious [00:07]
smickles $vwap 101 [00:11]
mpexbot smickles: O.USD.C101T 1 day: average: 0.23024804 high: 0.23024804 low: 0.23024804 volume: 5 btc: 1.1512402 7 day: average: 0.23024804 high: 0.23024804 low: 0.23024804 volume: 5 btc: 1.1512402 30 day: average: 0.23024804 high: 0.23024804 low: 0.23024804 volume: 5 btc: 1.1512402 [00:11]
smickles ha ha! [00:11]
mircea_popescu noce [00:11]
smickles ya know, i think i actually wanted to use depth, anyway :/ [00:11]
smickles $depth 101 [00:12]
mpexbot smickles: O.USD.P101N Bids: ['1000 @ 0.29751381'] [00:12]
mpexbot smickles: Asks: ['1000 @ 0.45370856'] [00:12]
smickles $depth c101T [00:12]
mpexbot smickles: O.USD.C101T Bids: ['1000 @ 0.14333971'] [00:12]
mpexbot smickles: Asks: ['1000 @ 0.23063909'] [00:12]
smickles ;;calc 101/.77 [00:12]
gribble 131.168831169 [00:12]
smickles we're chagin' 105 again? [00:13]
assbot [MPEX] [S.MPOE] 8901 @ 0.00060554 = 5.3899 BTC [+] [00:14]
assbot [MPEX] [S.MPOE] 7343 @ 0.00061415 = 4.5097 BTC [+] [00:14]
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assbot [MPEX] [X.IDIFF.JUN] 60 @ 0.158 = 9.48 BTC [+] [00:21]
jurov ^ thoroughly reviled them, but decided to buy them... feels dirty now. [00:22]
ThickAsThieves Yay! [00:22]
jurov u were selling? [00:23]
ThickAsThieves yep [00:23]
assbot [BTCTC] [ASICMINER-PT] 5 @ 0.75 = 3.75 BTC [-] [00:24]
jurov i believe the aren't diluted so much... but it's quite a shaky bet [00:24]
ThickAsThieves isnt man required payout below what you paid? [00:24]
ThickAsThieves max* [00:24]
ThickAsThieves or, min* [00:24]
ThickAsThieves you get the idea [00:25]
Bugpowder if they were generated after March closing, yes [00:25]
jurov no, it's between 0.14 and 0.27 [00:25]
jurov all IDIFFs ever generated averaged out [00:25]
Bugpowder o? [00:26]
jurov at least i'll have a reason to annoy mp again if they fizzle out at 0.15 :D [00:26]
ThickAsThieves another thing i did not know [00:26]
ThickAsThieves hehe [00:26]
Bugpowder I discussed this at great length 6 months ago with mp, I forget [00:26]
Bugpowder I guess that limits my downside [00:27]
Bugpowder [00:27]
jurov mp said clearly they are one asset ... so i believe all collateral is put together [00:27]
Bugpowder my understanding was opposite [00:27]
Bugpowder but [00:28]
Bugpowder things may have changed / I don't quite recall [00:28]
assbot [MPEX] [O.USD.C086T] 15 @ 0.31307618 = 4.6961 BTC [00:28]
ThickAsThieves ;;calc 86/(1-0.31307618) [00:28]
gribble 125.195833215 [00:28]
ThickAsThieves doing my smickled impression [00:29]
ThickAsThieves :) [00:29]
ThickAsThieves smickles* [00:29]
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Bugpowder lets do dis [00:31]
Bugpowder bidwall @ 103 [00:31]
assbot [MPEX] [O.USD.C086T] 15 @ 0.31309453 = 4.6964 BTC [+] [00:31]
assbot [MPEX] [O.USD.C086T] 25 @ 0.31309453 = 7.8274 BTC [+] [00:32]
Bugpowder for people of your resources, yes [00:33]
smickles heh [00:34]
Bugpowder ZING [00:34]
Bugpowder ASKWALL AT 104 [00:34]
Bugpowder clash of the titans [00:34]
Bugpowder 400 BTC [00:34]
ThickAsThieves is that tiberius getting zinged, or did i do somehting dumb again? [00:34]
kakobrekla .selfnote. [00:34]
smickles ThickAsThieves: i think it was part of the play-by-play on the walls [00:36]
assbot [MPEX] [O.USD.C101T] 25 @ 0.23064781 = 5.7662 BTC [+] [00:36]
smickles also, this not being able to accurately predict how many puts i'll get out of a SPLIT is f-ing killing me [00:36]
ThickAsThieves word [00:36]
Bugpowder yeah [00:37]
smickles I thought that I had just given up on it when i put in a 10% wiggle room [00:37]
Bugpowder that is annoying [00:37]
smickles but it's not enough [00:37]
Bugpowder how freaking hard is it to just publish the actual formula? [00:37]
Bugpowder Does that reveal too much about the mpoebot pricing algo? [00:37]
smickles ostensibly impossible [00:38]
smickles Bugpowder: well, it would reveal his account of the volatility, since he's said it has to do with volatility based insurance [00:38]
Bugpowder maybe there could be a scaling index on the mpex site that you could use to calculate the estimate [00:38]
mircea_popescu https://bitcointalk.org/index.php?topic=164143.msg1717621#msg1717621 [00:38]
mircea_popescu here's explanation for non inclusion of instawallet txs [00:38]
Bugpowder so is this related to the founder's reported breach? [00:40]
smickles https://bitcointalk.org/index.php?topic=164143.msg1717686#msg1717686 << lends promise to the newbs [00:40]
mircea_popescu not clearly. [00:42]
mircea_popescu http://polimedia.us/trilema/2013/path-of-exile-story-continued/ [00:43]
mircea_popescu stuff to do when you're sick. have toes suckled, play poe, jasmin tea... [00:43]
smickles aw, crap. I'm going to give that a try now, i suppose [00:44]
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benkay the toes thing always makes me giggle [00:44]
assbot [HAVELOCK] [KCIM] 2 @ 1.09 = 2.18 BTC [+] [00:44]
benkay it's too hard to do surriousface while my toes are getting tongued [00:45]
jurov well, one of -assets core denizens just failed to notice options renaming and freaked out [00:46]
jurov i'll rather keep his name secret to prevent embarrassment [00:46]
benkay mp have you ever fucked around with dwarf fortress? [00:46]
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smickles fun game [00:46]
benkay mah ***** smicks [00:47]
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Bugpowder is that like nethack? [00:48]
mircea_popescu benkay nope no idea what that is [00:49]
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mircea_popescu benkay well we're not all little bishes you know :D [00:49]
benkay naff naff naff [00:49]
benkay strong similarities to nethack [00:50]
benkay procedural worldgen [00:50]
mircea_popescu @Mircea_Popescu 13m @JessicaKRoy Strippers everywhere have been doing this for many many years. [00:50]
mircea_popescu Jessica Roy favorited your Tweet [00:50]
mircea_popescu @JessicaKRoy 10m @Mircea_Popescu Is that you in your Twitter background?? [00:50]
benkay featuring "adventurer" mode and "fortress" modes [00:50]
mircea_popescu @Mircea_Popescu 8m @JessicaKRoy Yeah. [00:50]
mircea_popescu Jessica Roy favorited your Tweet [00:50]
mircea_popescu chick's struck eh. [00:51]
mod6 she must be [00:53]
benkay or she's playing twitter the same way you play poe. [00:55]
Namworld ziggap is down the drain in value [00:55]
assbot [MPEX] [S.MPOE] 8700 @ 0.0006 = 5.22 BTC [-] [00:55]
mircea_popescu hah [00:55]
Bugpowder ding ding ding [00:56]
Bugpowder sorta feels like 105 might be going shortly [00:57]
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assbot [HAVELOCK] [SDICE] 1 @ 0.40989999 BTC [-] [01:02]
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Bugpowder yep [01:06]
Bugpowder ROLL TIDE! [01:08]
Namworld BTC... stahp! [01:09]
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Namworld at this rate BTC either replaces other currencies or makes the msot epic crash ever... [01:10]
Troic_ or some where in between :) [01:11]
dub aaand $2 [01:11]
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thestringpuller ;;seen smickles [01:12]
gribble smickles was last seen in #bitcoin-assets 25 minutes and 12 seconds ago: fun game [01:12]
thestringpuller ;;ticker [01:12]
gribble BTCUSD ticker | Best bid: 105.48528, Best ask: 105.99000, Bid-ask spread: 0.50472, Last trade: 105.48528, 24 hour volume: 85532.71774427, 24 hour low: 92.20000, 24 hour high: 105.99000, 24 hour vwap: 99.52134 [01:12]
thestringpuller !ticker ^oix [01:12]
assbot These beans is shit. [01:12]
thestringpuller !ticker m ^oix [01:12]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 86.04499804 / 100.46060009 / 132.19053746 (9160 shares, 4,506.96 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [01:12]
thestringpuller :D [01:12]
Namworld at this rate in like 5 weeks we're at infinite USD/BTC [01:12]
thestringpuller No just until demand shuts off [01:12]
thestringpuller In order support a full economy BTC requires 1000-5000 USD per coin [01:13]
Namworld good... [01:13]
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assbot [MPEX] [S.BBET] 10000 @ 0.00201393 = 20.1393 BTC [-] [01:19]
assbot [MPEX] [S.BBET] 5000 @ 0.00201394 = 10.0697 BTC [+] [01:19]
thestringpuller Oh wow [01:19]
thestringpuller Go bbet [01:19]
thestringpuller !ticker H HIM [01:19]
assbot [HAVELOCK:HIM] 1D: 2.06000000 / 2.06 / 2.06000000 (2 shares, 4.12000000 BTC), 7D: 1.41000000 / 1.79268326 / 2.08000000 (215 shares, 385.42689996 BTC), 30D: 1.40000000 / 1.78615393 / 2.08000000 (739 shares, 1319.96775265 BTC) [01:19]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-] [01:22]
mircea_popescu cool [01:22]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.749999 = 1.5 BTC [-] [01:22]
thestringpuller mi [01:22]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [-] [01:23]
thestringpuller mircea_popescu i think you have provided an opportunity given you don't hedge [01:23]
nanotube smickles: pong. redirect help to list you want? [01:24]
thestringpuller Someone could provide bondholders a service to hedge their risks [01:24]
assbot [BTCTC] [ESECURITYSABTC] 1 @ 0.25103 BTC [-] [01:24]
assbot [BTCTC] [ESECURITYSABTC] 1 @ 0.25103 BTC [-] [01:24]
mircea_popescu thestringpuller how'd that work ? [01:25]
assbot [BTCTC] [ASICMINER-PT] 5 @ 0.735 = 3.675 BTC [-] [01:27]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.736 BTC [+] [01:27]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.7301 = 2.1903 BTC [-] [01:27]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7301 BTC [-] [01:28]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [-] [01:28]
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assbot [BTCTC] [BTC-BOND] 1 @ 0.00999 BTC [-] [01:30]
assbot [BTCTC] [BTC-BOND] 6 @ 0.0099 = 0.0594 BTC [-] [01:30]
assbot [BTCTC] [BTC-BOND] 19 @ 0.0099 = 0.1881 BTC [-] [01:30]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.726 BTC [-] [01:30]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.726 = 1.452 BTC [-] [01:30]
assbot [BTCTC] [ASICMINER-PT] 5 @ 0.725 = 3.625 BTC [-] [01:31]
thestringpuller mircea_popescu : since mpoe is like "ground" in that option hedges flow to it, one could provide a second tier of insurance to the bondholders. Essentially cutting up the exposure and selling it off... [01:31]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7241 BTC [-] [01:31]
thestringpuller But at the bondholders discretion, not MPOE [01:31]
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assbot [BTCTC] [BITVPS] 1 @ 0.00401 BTC [-] [01:32]
assbot [BTCTC] [BITVPS] 100 @ 0.004 = 0.4 BTC [-] [01:32]
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assbot [BTCTC] [BITVPS] 100 @ 0.004 = 0.4 BTC [-] [01:32]
jborkl at this rate SD will be over 4 million bets tomorrow [01:32]
jborkl total all time [01:32]
jurov these last 3 bbet trades were particularly derpy... inb 3 coinbr users [01:33]
thestringpuller !ticker m S.DICE [01:33]
assbot [MPEX:S.DICE] 1D: 0.0031 / 0.00346482 / 0.00419788 (71207 shares, 246.72 BTC), 7D: 0.0031 / 0.00332803 / 0.0045 (705238 shares, 2,347.06 BTC), 30D: 0.00300001 / 0.00433193 / 0.006225 (1671034 shares, 7,238.81 BTC) [01:33]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7231 BTC [-] [01:33]
assbot [BTCTC] [ASICMINER-PT] 10 @ 0.7222 = 7.222 BTC [-] [01:34]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.722 BTC [-] [01:34]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7212 BTC [-] [01:34]
assbot [MPEX] [S.DICE] 2800 @ 0.00389 = 10.892 BTC [-] [01:36]
dub this clit is both malformed and unresponsive [01:36]
benkay sounds like a waste of time [01:37]
dub I yearn for another kind of clit [01:37]
mod6 I AM THE CLIT COMMANDER [01:37]
dub this toshiba clit is too small, rough to the touch and blue [01:38]
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dub whereas my stinkpad clit is bigger, flatter and more correctly hued [01:38]
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dub also clit use in general is painful without a scroll button [01:40]
assbot [BTCTC] [BTC-BOND] 5 @ 0.01 = 0.05 BTC [+] [01:40]
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jurov CoinBr referrals paid out and monthly fee levied. [01:44]
jurov Monthly fee was halved due to March problems. [01:44]
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thestringpuller mod6 we need to talk [01:45]
thestringpuller ;;seen mod6 [01:45]
gribble mod6 was last seen in #bitcoin-assets 7 minutes and 55 seconds ago: I AM THE CLIT COMMANDER [01:45]
jurov thestringpuller, I think S.MPOE moves quite independently from the bonds, no? [01:49]
thestringpuller Mpoe the bot [01:50]
jurov then i don't understand what you have in mind [01:51]
thestringpuller Bondholders have nothing to hedge their bets against [01:52]
thestringpuller So provide a service that buys mpoe bonds essentially at some price if things go bad [01:52]
jurov and who will eat the loss then? [01:53]
thestringpuller The service [01:53]
thestringpuller That's their job. Internally they can cover the losses anyway they see fit. [01:54]
thestringpuller Via another asset that paid off or some other revenue stream [01:54]
jurov still i don't get it. MPOE is obliged to pay out exercises, not "as it sees fit" [01:55]
thestringpuller No no you misunderstand [01:55]
thestringpuller Mpoe keeps doing what its doing [01:55]
thestringpuller Bond holders however can sell their stake to some service who specializes in hedging. For when things go awry [01:56]
thestringpuller Bondholders have no way to exit their position if things go bad [01:56]
jurov perhaps it would be best to explain on practical example of MPBPT [01:56]
jurov so , if you were tahat service, you'll place a bid at, say, 0.09 (nominal value is 0.1)? [01:57]
thestringpuller Yes [01:57]
jurov and how would you recover it? [01:58]
thestringpuller Diversification or other parts of the portfolio. You make some revenue from the 10% under bid. [01:58]
thestringpuller The same way an insurance company covers losses... [01:59]
thestringpuller Its just a brainstorm [01:59]
jurov there were actually some such bids [02:00]
thestringpuller MPOE passes exposure to bondholders, bondholders should be able to pass exposure to another party [02:00]
thestringpuller Particular a party equipped to recover losses [02:00]
thestringpuller Particularly* [02:00]
jurov i already advised bondholders to hedge using options (and i actually did myself) [02:02]
smickles ;;seen mod6 [02:02]
gribble mod6 was last seen in #bitcoin-assets 25 minutes and 14 seconds ago: I AM THE CLIT COMMANDER [02:02]
jurov don't see any other possibility, since btc price can exceed any independent hedge [02:02]
jurov mod6 is commanding clit, don't disturb [02:03]
jurov ... so the best hedge is to put something into mpoe's other end [02:03]
thestringpuller jurov lets take an insurance examole [02:04]
jurov insurance usually doesn't deal with 300% increase in a month... [02:04]
thestringpuller Lets say a legit BTC insurance company exist using a reserve-invest model [02:04]
thestringpuller This company would have other policies, not just options [02:05]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.759 BTC [+] [02:05]
thestringpuller If writing options are bad one month, perhaps there was drought so there were 0 flood insurance claims [02:05]
thestringpuller Instead of limiting exposure you diversify [02:06]
jurov then it's diversification, not a hedge [02:06]
thestringpuller Yes. But to the bondholder it would be. [02:06]
thestringpuller In his eyes [02:07]
thestringpuller It would stop losses. [02:07]
thestringpuller Or minimize [02:07]
thestringpuller Insuring the insurer so to speak... [02:07]
jurov well, so if it was 50% bonds / 50% something else [02:07]
thestringpuller Yes. [02:07]
jurov what made 20% in March to offset bonds loss? [02:08]
jurov only MPOE call options afaik. [02:08]
jurov or maybe shorting ziggap, lol [02:09]
thestringpuller A lot of things outside bitcoins. But your point is clear [02:09]
thestringpuller Poor ziggap [02:09]
smickles $vwap ^ [02:10]
mpexbot smickles: ^OIX 1 day: no data 7 day: average: 100.46060009 high: 132.19053746 low: 86.04499804 volume: 9160 btc: 4506.96446122 30 day: no data [02:10]
thestringpuller My scenario is hypothetical and in a world where btc services are more developed, vis-a-vis, a btc insurance company [02:10]
thestringpuller Bbl [02:10]
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jurov Actually, I think we're onto something here for someone who has the balls. [02:11]
jurov Since MPOE options can provide roughly 5x leverage as MP wrote [02:12]
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jurov a fund that invests 60% into bonds, 20% into calls, 20% into puts [02:12]
jurov ... well, that needs quality time with spreadsheet. [02:13]
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smickles jurov: i don't think mpbor are a good investment [02:13]
ThickAsThieves in case you missed it http://www.youtube.com/watch?feature=player_embedded&v=y1POVoi9NPk [02:14]
jurov smickles, care to elaborate? [02:15]
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ThickAsThieves whoa ltc at .0184 [02:21]
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smickles jurov: i don't like the limited gain with unlimited loss, and the delay of moving into and out of it. maybe i should look at the coinbr offering on bitfunder [02:24]
smickles ThickAsThieves: thanks for that link :) [02:24]
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jurov o, CoinBr.MPBPT-* link is the raw thing, just sliced to 0.1BTC parts. [02:24]
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assbot [HAVELOCK] [VTX] 10 @ 0.53 = 5.3 BTC [-] [02:27]
jurov if i found a way to improve it, i'd certainly spam it around everywhere :D [02:28]
ThickAsThieves hmmm http://bitbet.us/bet/297/litecoin-surges-to-02-bitcoins-per-litecoin/ [02:29]
jurov smickles, if MPBPT would be redirected to soebot instead, would you know how to limit possible loss? [02:29]
assbot [HAVELOCK] [VTX] 5 @ 0.511 = 2.555 BTC [-] [02:29]
assbot [HAVELOCK] [VTX] 2 @ 0.509 = 1.018 BTC [-] [02:30]
assbot [HAVELOCK] [VTX] 1 @ 0.505 BTC [-] [02:30]
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smickles jurov: could i not buy it and sell it partway thru the month tho? [02:30]
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jurov suppose that yes. [02:30]
jurov you would be able to buy/sell against MPBPT orderbook on BF [02:31]
smickles that's a bit of an improvement there [02:31]
jurov how so? [02:31]
smickles soebot isn't ready for primetime yet [02:31]
smickles well, part of the problem with mpbor is that it takes so long to enter and exit positions on it [02:32]
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smickles one could've seen this recent loss coming before anyone else, and not been able to do anything about it [02:32]
jurov that's problem inherent to mpex.. so that cover must be kept until the end of the month [02:33]
smickles but if you had mpbpt instead, there is at least the possibility of selling when you see a bad cloud [02:33]
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jurov yea, some sold at 0.9, that is possible already [02:34]
jurov but i'm asking how the bot comes to picture [02:34]
jurov interaacting with bf order book [02:34]
kakobrekla how come that scammy nvc is trading higher than ltc [02:35]
kakobrekla i cant make sense of it [02:35]
smickles and i'd like to take funding for for soebot, since most of the time it just sits there and says, I need more X [02:35]
smickles but there are still, even now things to be sorted out with mpex interaction [02:36]
jurov hahaha, i *so* know [02:36]
jurov these things [02:36]
kakobrekla hm [02:37]
kakobrekla apparently its a russian thing [02:37]
smickles so far this month, i've put at least 24 btc to surety for absoluty nothing [02:37]
smickles "1.0 BTC for 0 O.USD.P086T" [02:38]
jurov smickles, if you can't afford to license coinbr code, maybe we can think about alphatesting an api [02:38]
smickles kinda funny how many of those i have [02:38]
assbot [HAVELOCK] [SDICE] 1 @ 0.44499999 BTC [+] [02:38]
smickles jurov: so you know the volatility impact on SPLIT insurance addition to strike/spot? [02:38]
jurov ah, not that. [02:39]
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assbot [HAVELOCK] [VTX] 5 @ 0.574999 = 2.875 BTC [+] [02:41]
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Diablo-D3 why do people think BFL is actually shipping? [02:42]
Diablo-D3 is this some april fools joke I missed? [02:42]
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jurov no it's marketing campaing to promote idiff futures :D [02:44]
benkay ha [02:44]
benkay i actually lol'd [02:44]
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smickles the same reasone peeps believe in god is my guess [02:45]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.75999 BTC [+] [02:47]
assbot [BTCTC] [ASICMINER-PT] 4 @ 0.759999 = 3.04 BTC [+] [02:47]
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kakobrekla so ian officially scam now [02:54]
kakobrekla baked well. [02:54]
kakobrekla cupcakes! [02:54]
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assbot [HAVELOCK] [SDICE] 5 @ 0.43 = 2.15 BTC [-] [02:55]
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kakobrekla scamzor https://bitcointalk.org/index.php?topic=104489.320 [02:56]
assbot [HAVELOCK] [SDICE] 2 @ 0.41 = 0.82 BTC [-] [02:56]
assbot [HAVELOCK] [SDICE] 3 @ 0.4 = 1.2 BTC [-] [02:56]
assbot [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-] [02:57]
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assbot [HAVELOCK] [VTX] 2 @ 0.574999 = 1.15 BTC [+] [03:04]
thestringpuller !ticker h him [03:05]
assbot [HAVELOCK:HIM] 1D: 2.06000000 / 2.06 / 2.06000000 (2 shares, 4.12000000 BTC), 7D: 1.45000000 / 1.872268 / 2.08000000 (175 shares, 327.64689996 BTC), 30D: 1.40000000 / 1.7876777 / 2.08000000 (733 shares, 1310.36775265 BTC) [03:05]
thestringpuller ;;asks 110 [03:06]
thestringpuller ;;bids 90 [03:06]
gribble There are currently 10674.488 bitcoins offered at or under 110.0 USD, worth 1149842.29518 USD in total. | Data vintage: 0.0012 seconds [03:06]
gribble There are currently 30415.187 bitcoins demanded at or over 90.0 USD, worth 2848518.63728 USD in total. | Data vintage: 0.0072 seconds [03:06]
thestringpuller ;;market --sell 30000 [03:06]
gribble A market order to sell 30000 bitcoins right now would net 2811151.8105 USD and would take the last price down to 90.0000 USD, resulting in an average price of 93.7051 USD/BTC. | Data vintage: 12.6458 seconds [03:06]
bitessak ;;ticker [03:07]
gribble BTCUSD ticker | Best bid: 104.00001, Best ask: 104.33999, Bid-ask spread: 0.33998, Last trade: 104.00000, 24 hour volume: 90714.89784916, 24 hour low: 92.23610, 24 hour high: 106.00000, 24 hour vwap: 100.05563 [03:07]
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thestringpuller !ticker m s.mpoe [03:10]
assbot [MPEX:S.MPOE] 1D: 0.0006 / 0.00060425 / 0.00061415 (271863 shares, 164.27 BTC), 7D: 0.0006 / 0.0006523 / 0.00068374 (2448763 shares, 1,597.33 BTC), 30D: 0.0006 / 0.00072549 / 0.00078628 (18056344 shares, 13,099.71 BTC) [03:10]
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smickles ;;bids 0 [03:13]
gribble There are currently 35053741 bitcoins demanded at or over 0.0 USD, worth 9955250.10568 USD in total. | Data vintage: 0.0094 seconds [03:14]
smickles $unconfirmed [03:14]
mpexbot smickles: 997 unconfirmed transactions. Oldest dated: 2013-03-30 20:00:57 [03:14]
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ThickAsThieves ;;nethash [03:23]
gribble 64542.718427 [03:23]
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assbot [MPEX] [S.MPOE] 15223 @ 0.0006 = 9.1338 BTC [-] [03:25]
assbot [MPEX] [S.MPOE] 4058 @ 0.0005973 = 2.4238 BTC [-] [03:25]
assbot [MPEX] [S.MPOE] 1619 @ 0.00059218 = 0.9587 BTC [-] [03:25]
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assbot [MPEX] [S.MPOE] 8500 @ 0.00061282 = 5.209 BTC [+] [03:35]
dub wat http://blockchain.info/tx/ff936e23d1f4b0b0f1dfab59070563acf69fbca19b7d589d590a31f0de3cdaac [03:40]
kakobrekla whats wrong? [03:41]
jurov 0.001 -> 0.0005 + 0.0005 txfee [03:41]
dub sent from 1Fuck to the btcentral addy [03:42]
jurov lol [03:43]
benkay someone caught giving a fuck? [03:44]
ThickAsThieves wow ltc really is gonna hit .02 [03:46]
assbot [BTCTC] [ASICMINER-PT] 50 @ 0.740001 = 37.0001 BTC [-] [03:47]
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assbot [BTCTC] [ASICMINER-PT] 7 @ 0.74 = 5.18 BTC [-] [03:48]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7351 BTC [-] [03:49]
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ThickAsThieves Get ready to close the BitBet :) http://bitbet.us/bet/297/litecoin-surges-to-02-bitcoins-per-litecoin [03:51]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7321 BTC [-] [03:51]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.732 = 1.464 BTC [-] [03:51]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [-] [03:51]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [-] [03:51]
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ThickAsThieves ltc at .199 [03:54]
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assbot [HAVELOCK] [VTX] 11 @ 0.574999 = 6.325 BTC [+] [03:57]
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benkay hm. who hosts a good btc-ltc chart? [03:59]
kakobrekla http://www.ltc-charts.com/ [04:00]
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ThickAsThieves didnt quite make it to .02 :( [04:00]
kakobrekla thats all i know [04:00]
assbot [HAVELOCK] [VTX] 8 @ 0.574999 = 4.6 BTC [+] [04:00]
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assbot [HAVELOCK] [VTX] 5 @ 0.57499999 = 2.875 BTC [+] [04:03]
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kakobrekla Confirmed bets: 3001 [04:13]
kakobrekla in less than 3 months [04:14]
dub thats over 9000 per 9 months [04:14]
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kakobrekla hehe [04:15]
assbot [HAVELOCK] [HIM] 2 @ 2.0599 = 4.1198 BTC [-] [04:17]
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mircea_popescu I AM THE CLIT COMMANDER << ahahaha [04:21]
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mircea_popescu ha! BitBet has resolved ~400 btc worth of bets this month so far. [04:23]
mircea_popescu it's april 2nd [04:23]
mircea_popescu mod6 is commanding clit, don't disturb < lmao. o gawd, best comedy show in town this chan. [04:24]
mircea_popescu ;;later tell thestringpuller yea, the MPCDO stuff tried to. [04:25]
gribble The operation succeeded. [04:25]
mircea_popescu the result was that everyone else defaulted. [04:25]
mircea_popescu smickles << how'sgain limited ? [04:25]
mircea_popescu one could've seen this recent loss coming before anyone else, and not been able to do anything about it << of fucking course. that is the point of it, you have to actually provide the service, as a bondholder. [04:26]
mircea_popescu "1.0 BTC for 0 O.USD.P086T" << you're kinda misusing that. it's not really intended to do 1 contract at a time. do 1k. [04:27]
Namworld there's some high fees on the options this month... [04:27]
mircea_popescu hm dub wtf is that [04:27]
Namworld did everyone up the % they ask on deposits? [04:27]
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kakobrekla alt chains going crazy [04:30]
kakobrekla nmc doubled today [04:30]
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assbot [BTCTC] [S.MPOE-PT] 120 @ 0.000639 = 0.0767 BTC [+] [04:33]
mircea_popescu heh [04:33]
mircea_popescu i think the driving force here is just how poor / desperate americans are. [04:34]
assbot [BTCTC] [S.MPOE-PT] 9 @ 0.000648 = 0.0058 BTC [+] [04:34]
assbot [BTCTC] [S.MPOE-PT] 47 @ 0.000658 = 0.0309 BTC [+] [04:34]
assbot [BTCTC] [S.MPOE-PT] 652 @ 0.000674 = 0.4394 BTC [+] [04:34]
mircea_popescu they will basically spend 2x to buy some ersatz of anything just as long as it's niominally cheaper. [04:34]
kakobrekla wit the alts? [04:34]
jborkl heh no love [04:34]
mircea_popescu yeah [04:34]
mircea_popescu "i am getting A DEAL!!!!" [04:34]
kakobrekla dunno [04:34]
kakobrekla NVC is russian domain [04:34]
kakobrekla trading higher than 'long' established LTC [04:35]
mircea_popescu "by buying tv dinners which are just as good as actual food, i only pay $5 instead of $50!!11" [04:35]
mircea_popescu except tv dinners aren't really just as good as actual food. [04:35]
jborkl why buy 10 fax rolex when you can buy 1 real one [04:35]
mircea_popescu in fact the costs of maintaining your metabolic health on junk food are about 2x what you'd pay if you just ate cooked stuff. [04:35]
jborkl fake [04:35]
mircea_popescu jborkl i dunno, but more fakes are sold than original. [04:36]
jborkl poor people make bad choices [04:36]
mircea_popescu anyway. just a theory. [04:36]
assbot [BTCTC] [S.MPOE-PT] 1029 @ 0.000675 = 0.6946 BTC [+] [04:36]
assbot [BTCTC] [S.MPOE-PT] 281 @ 0.000675 = 0.1897 BTC [+] [04:36]
mircea_popescu https://twitter.com/BitBetsBets/status/318899438645047296 [04:37]
mircea_popescu meanwhile ~2500 bux bet on litecoin hehe [04:37]
kakobrekla https://twitter.com/BitBetsBets/status/318897459424264192 [04:37]
kakobrekla emm [04:37]
mircea_popescu heh. [04:39]
mircea_popescu has it actually crossed ? [04:39]
kakobrekla not yet [04:39]
mircea_popescu ahahaha tell you waht... if it fizzles now... [04:40]
mircea_popescu o gawd. [04:40]
kakobrekla too bad that wasnt a late bet :p [04:40]
kakobrekla but anyway https://btc-e.com/exchange/ltc_btc [04:40]
mircea_popescu nono. good it wasn't. [04:40]
kakobrekla any time now [04:40]
mircea_popescu 28/03/13 Temporarily no accept liqpay [04:40]
mircea_popescu please no disturb [04:40]
mircea_popescu dwolla got. [04:40]
mircea_popescu so basically the reason russians are so weak in btc is that for whatever reasons they've decided to move to ltc at some point ? [04:41]
kakobrekla NVC [04:41]
assbot [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+] [04:42]
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assbot [HAVELOCK] [VTX] 6 @ 0.565 = 3.39 BTC [-] [04:49]
smickles < mircea_popescu> "1.0 BTC for 0 O.USD.P086T" << you're kinda misusing that. it's not really intended to do 1 contract at a time. do 1k. <<< i'm not sure i'd want to do 1k if i can't predict what i'm going to get out of it [04:52]
mircea_popescu but you're currently fighting with a rounding error. [04:52]
mircea_popescu your 1k would be between 896 or 895, ie, either [04:52]
mircea_popescu your 1 is either 1 or 0 [04:52]
mircea_popescu big diff [04:52]
mircea_popescu (not actual figures) [04:53]
assbot [HAVELOCK] [VTX] 2 @ 0.565 = 1.13 BTC [-] [04:53]
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smickles i don't mind a rounding error, but i'd like to be able to ensure i'm on the 896 side w/o risking going to 897 [04:56]
smickles as it is now, i have that risk, and it's still unquantifiable :o [04:57]
mircea_popescu well if you need 1 contract granularity there's a problem [04:58]
mircea_popescu 0.1% i mean [04:58]
mircea_popescu it's easy enough for calls - those always give you exactly the btc [04:59]
ChaangNoi $2 ltc? oh lol [04:59]
mircea_popescu but on puts i don't think it'll ever be doable. [04:59]
mircea_popescu ChaangNoi it crossed ? [04:59]
ChaangNoi its close [04:59]
ChaangNoi not crossed [04:59]
assbot [HAVELOCK] [SDICE] 4 @ 0.402 = 1.608 BTC [+] [05:00]
ChaangNoi but soon:) [05:00]
mod6 http://youtu.be/x4-ChcL6Pzo << I AM THE CLIT COMMANDER [05:00]
mircea_popescu if it never crosses that bitbet is going to be a pain [05:00]
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ChaangNoi the high ratio was .0199 when btc on gox was over $100 so it sorta was over $2, [05:00]
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ChaangNoi oh, i dont know about the bitbet [05:01]
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assbot [HAVELOCK] [SDICE] 5 @ 0.4005 = 2.0025 BTC [-] [05:01]
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mod6 and: WHAT THE FUCK IS THE INTERNET << http://youtu.be/h5tcAXMDxfY [05:02]
kakobrekla here is you litecoin bet [05:02]
kakobrekla http://bit.ly/17a28Zy [05:02]
ChaangNoi kako that a price and asks chart? [05:03]
assbot [HAVELOCK] [SDICE] 1 @ 0.40000001 BTC [-] [05:03]
kakobrekla no [05:04]
thestringpuller !ticker h HIM [05:04]
assbot [HAVELOCK:HIM] 1D: 2.05990000 / 2.05995 / 2.06000000 (4 shares, 8.23980000 BTC), 7D: 1.45000000 / 1.87438814 / 2.08000000 (177 shares, 331.76669996 BTC), 30D: 1.40000000 / 1.78841844 / 2.08000000 (735 shares, 1314.48755265 BTC) [05:04]
kakobrekla its a 'histograph' [05:04]
kakobrekla http://bitbet.us/bet/297/litecoin-surges-to-02-bitcoins-per-litecoin/ [05:04]
kakobrekla see? [05:04]
thestringpuller i see how it is assbot [05:04]
thestringpuller ;;ticker [05:04]
ChaangNoi oh, its a chart of the bet [05:04]
gribble BTCUSD ticker | Best bid: 103.10001, Best ask: 103.70000, Bid-ask spread: 0.59999, Last trade: 103.70000, 24 hour volume: 92564.85061965, 24 hour low: 92.23610, 24 hour high: 106.00000, 24 hour vwap: 100.26209 [05:04]
ChaangNoi yes and no's [05:04]
ChaangNoi got ya [05:04]
kakobrekla correct [05:04]
assbot [HAVELOCK] [SDICE] 6 @ 0.4 = 2.4 BTC [-] [05:04]
smickles mircea_popescu: well, i gotta complain about something ;) [05:05]
* Hou has quit (Ping timeout: 245 seconds) [05:05]
mod6 oh smickles, were you looking for me? [05:06]
ChaangNoi i would have never expected ltc to go up this fast, its crzy [05:06]
mircea_popescu smickles :p [05:06]
mircea_popescu ChaangNoi tell me about it. im sorry i got out [05:06]
ChaangNoi i sold about 60% of my ltc [05:06]
smickles mod6: naw, not really, i just wanted the seen command to repeat your last line again :) [05:06]
mod6 :D [05:07]
ChaangNoi in the 40 to 75 cent range, and i thought i was doing well at the time, lol [05:07]
mod6 I love jay & silent bob. [05:07]
ChaangNoi if gox lists litecoin, it will be huge for ltc [05:07]
assbot [HAVELOCK] [SDICE] 6 @ 0.4 = 2.4 BTC [-] [05:07]
smickles the lag will be made worse by expanding the product line [05:08]
assbot [HAVELOCK] [VTX] 3 @ 0.5748 = 1.7244 BTC [+] [05:08]
mircea_popescu smickles no because infinity is selfequal :D [05:09]
smickles you really wanna start talking about set theory mircea_popescu ? [05:09]
assbot [HAVELOCK] [VTX] 5 @ 0.565 = 2.825 BTC [-] [05:09]
mircea_popescu sure. [05:10]
mircea_popescu (just kidding) [05:10]
smickles well, not that i'm well versed on the topic, but ... oh [05:10]
smickles you got me! [05:10]
mircea_popescu the power, i has it [05:11]
* smickles goes back to reading econpapers [05:11]
ChaangNoi tiberslav! [05:12]
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ChaangNoi ltc adds to the value of btc:) [05:12]
ChaangNoi its like if there was only the usd then lulz but cuz other fiat too they all gain [05:12]
ChaangNoi lol you think that 20 million only came from btc and not fiat? lhahahalolhaha [05:13]
Bugpowder_ let's be serious here. People are so desperate to get in on something 'cheap' that might explode in price, they are driving up another spec bubble in litecoin [05:13]
Bugpowder_ most people are probably buying it with BTC [05:13]
ChaangNoi bugpowder once ltc is listed on gox i see ltc tradeing in the $15 range soon [05:13]
Bugpowder_ jesus christ no [05:13]
Bugpowder_ this is a fucking few day blip [05:14]
ChaangNoi you think it will get to the $20s? [05:14]
mircea_popescu Bugpowder yup [05:14]
Bugpowder_ its hard to get USD into BTC-e, so most is probably BTC buyers [05:15]
Bugpowder_ also, it didn't take 20MM off the cap [05:15]
Bugpowder_ yep [05:15]
Bugpowder_ exactly [05:15]
Bugpowder_ or maybe a few medium players [05:15]
Bugpowder_ looking for a quick flip [05:15]
Bugpowder_ I almost pulled the trigger this morning [05:15]
Bugpowder_ but I just don't want to get off the BTC train [05:15]
ChaangNoi i have traded btc for ltc for over a yeay and had all my ltc paid for so i just held to see what would happen [05:16]
ChaangNoi im pleased to see this but really, gox is just going to make the price jump more [05:16]
ChaangNoi tiberslav even so, im very pleased:) [05:17]
ChaangNoi lol [05:17]
ChaangNoi lol [05:17]
ChaangNoi econ 101, try that [05:17]
Bugpowder_ It took $2M total volume to >2x the price [05:17]
* Bugpowder has quit (Remote host closed the connection) [05:18]
ChaangNoi i clearly dont need to go back to econ 101, i ahve the phat wallets to prove it:) [05:18]
assbot [HAVELOCK] [SDICE] 4 @ 0.4 = 1.6 BTC [-] [05:19]
ChaangNoi for some lolz go check the nmc price on btc-e [05:20]
mircea_popescu phat wallets ?! when did that happen. [05:20]
ChaangNoi well they are giant compared to tiberslav, i doubt im at your level [05:20]
mircea_popescu o that guy [05:20]
ChaangNoi you have him on ignore? [05:21]
ChaangNoi tiberslav do you even have a whole btc? [05:21]
KRS1 that is frkn awesome you guys are set [05:21]
ChaangNoi see that is just a good problem to have, be able to lose that much and stil be like whatever [05:21]
KRS1 i imagine it might be hard to unload all that btc for currency [05:22]
ChaangNoi oh tiberslav [05:22]
ChaangNoi tiberslav your exparts are amazing [05:22]
KRS1 uncle sam come knocking for that 40% too [05:23]
Bugpowder_ tiberiusiv: 1-2 more straight up months with no late pullbacks, he will be in pain [05:23]
Bugpowder_ I WILL PUT HIM IN PAIN [05:23]
Bugpowder_ moar [05:23]
Bugpowder_ dip in the last 24hr [05:23]
Bugpowder_ If it goes up and down, he gonna make da money [05:24]
* smickles is going to have to study statistics a bit further now [05:24]
Bugpowder_ he wins the more often move in an out of a position [05:24]
Bugpowder_ 30% spread [05:24]
Bugpowder_ couch [05:24]
Bugpowder_ cough [05:24]
Bugpowder_ $50 million last month in exposure [05:25]
Bugpowder_ 19k was principal loss [05:25]
Bugpowder_ its pretty obvious is you watch the trades [05:26]
Bugpowder_ so which is it, is he going broke, or has not lost anything left [05:26]
Bugpowder_ yet [05:26]
assbot [HAVELOCK] [SDICE] 2 @ 0.4 = 0.8 BTC [-] [05:26]
Bugpowder_ heh [05:27]
mircea_popescu KRS1 not everybody lives in ridiculous slavepen. [05:27]
Bugpowder_ I know personally about more than 1/100th of the volume [05:27]
mircea_popescu !ticker m s.bbet [05:28]
assbot [MPEX:S.BBET] 1D: 0.00201393 / 0.00201393 / 0.00201394 (15000 shares, 30.21 BTC), 7D: 0.00050015 / 0.00199592 / 0.002014 (25320 shares, 50.54 BTC), 30D: 0.00050015 / 0.00183401 / 0.00201401 (157420 shares, 288.71 BTC) [05:28]
mircea_popescu kakobrekla i just realised you're a nominal millionaire. [05:29]
assbot [HAVELOCK] [SDICE] 1 @ 0.40199999 BTC [+] [05:29]
assbot [HAVELOCK] [SDICE] 1 @ 0.42899998 BTC [+] [05:29]
assbot [HAVELOCK] [SDICE] 13 @ 0.42899999 = 5.577 BTC [+] [05:30]
assbot [HAVELOCK] [SDICE] 1 @ 0.44499999 BTC [+] [05:30]
smickles funny, earlier today, i realized i could pay off my car loan [05:30]
smickles chevy, actually [05:30]
smickles '08 trailblazr [05:31]
kakobrekla not bad. [05:31]
ChaangNoi nmc price oh lol [05:31]
ChaangNoi i just sold 90% of what i had [05:31]
kakobrekla O_o [05:32]
ChaangNoi i had some cuz maybe they could use it for something later, but i saw the jump and was like fuck it [05:32]
ChaangNoi then it crashed lol [05:32]
kakobrekla one day all this will go to shit [05:32]
kakobrekla ChaangNoi dump some nmc so we get some more no bets on the 0.02 before it breaks it [05:34]
kakobrekla would be fun [05:34]
Bugpowder_ it might not break [05:34]
ChaangNoi kako nmc not ltc [05:35]
ChaangNoi you have a bet on that too? [05:35]
kakobrekla i mean ltc [05:35]
kakobrekla sorry [05:35]
kakobrekla fuckin alts [05:35]
kakobrekla messing with mah mind [05:35]
ChaangNoi i sold nmc cuz that spike lol [05:35]
kakobrekla ill just stfu and go back to wekr [05:35]
ChaangNoi :) [05:36]
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Bugpowder herro? [05:39]
Bugpowder I installed an IRC client! [05:39]
Bugpowder just so I can ignore tiberiusiv [05:39]
smickles lol, that's your reason? [05:39]
Bugpowder yep [05:39]
kakobrekla lol [05:40]
Bugpowder It has taken me a whole year [05:40]
smickles ;;rate tiberiusiv 1 motivates people [05:40]
gribble Error: For identification purposes, you must be authenticated to use the rating system. [05:40]
smickles sonofabitch [05:40]
Bugpowder d:) [05:41]
Bugpowder I have emoticons now [05:41]
dub No you don't [05:41]
Bugpowder yes I do they are so cool [05:41]
* dub prepares to /ignore Bugpowder [05:42]
Bugpowder That last one has a hat [05:42]
ThickAsThieves $avg [05:42]
mpexbot ThickAsThieves: 99.57 [05:42]
ThickAsThieves ;;nethash [05:43]
gribble 63993.8839795 [05:43]
smickles Econ Pa, he economics at you [05:43]
smickles http://blog.smickles.com/wp-content/uploads/sites/3/2013/04/Economics-At-You.png [05:43]
ThickAsThieves thats like 8 new TH in a week, no? [05:43]
dub hrm [05:44]
dub it was at 58, then dropped to 51 for a few days, been climbing since [05:44]
ThickAsThieves where does it all come from? [05:44]
dub and its 3d avg [05:44]
smickles ;;bids 0 [05:44]
gribble There are currently 35146688 bitcoins demanded at or over 0.0 USD, worth 10247783.7207 USD in total. | Data vintage: 5.9890 seconds [05:44]
smickles $unconfirmed [05:45]
mpexbot smickles: 1010 unconfirmed transactions. Oldest dated: 2013-03-31 01:54:01 [05:45]
Bugpowder it hit 80000 on sipa [05:45]
ThickAsThieves even known AM, Avalon and GPUs can't account for that much can it? [05:45]
ChaangNoi i suspect bfl to be "testing" [05:45]
ThickAsThieves and avalon [05:45]
ThickAsThieves and AM [05:45]
ThickAsThieves all, yknow just hashin a lil [05:46]
bgupta Err… bitcoin at 104+ interesting. [05:47]
Bugpowder yawn [05:47]
dub dude BFL shipped already [05:47]
Bugpowder lol [05:47]
dub get with teh times [05:47]
Bugpowder ;;bids 0 [05:47]
gribble There are currently 35147078 bitcoins demanded at or over 0.0 USD, worth 10258338.809 USD in total. | Data vintage: 24.8391 seconds [05:47]
Bugpowder heyo [05:47]
ThickAsThieves yeah they shipped a cellphone pic of the unit Luke was remoting into [05:48]
gribble There are currently 14814.273 bitcoins offered at or under 120.0 USD, worth 1632425.24456 USD in total. | Data vintage: 45.1614 seconds [05:48]
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bgupta http://www.forbes.com/sites/timothylee/2013/04/01/bitcoin-is-a-bad-currency-but-it-might-be-a-good-platform-for-financial-innovation/ [05:48]
Bugpowder I think we have a 50% chance of hitting 200 this month [05:48]
dub hao about $2 [05:49]
ThickAsThieves its bad cuz i dont own any so make a new one taht i can? [05:49]
ThickAsThieves Bug, I agree [05:49]
ThickAsThieves I think $150 easy [05:49]
Bugpowder the demand is just insane [05:49]
Bugpowder not insane [05:49]
Bugpowder strong [05:50]
ThickAsThieves :asks 10000 [05:50]
ThickAsThieves ;;asks 10000 [05:50]
gribble There are currently 39501.232 bitcoins offered at or under 10000.0 USD, worth 13402145.1671 USD in total. | Data vintage: 23.2896 seconds [05:50]
ThickAsThieves only 39501 bitcoins left til bitcoin singularity [05:51]
bgupta I like the jist of the forbes article.. Bitcoin is bad "currency" but a great enabler of innovation in the finance space. (They didn't say it, but it's akin to the innovation to publishing that the internet brought.. e.g. self publishing, decentralization, room for new leaders and business models, etc.) [05:51]
bgupta singularity? [05:52]
bgupta ahh [05:52]
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bgupta Realistially I'm sure sellers would come out of the woodwork if btc started making a race for 10k [05:52]
ThickAsThieves ;;asks 500 [05:52]
gribble There are currently 36910.854 bitcoins offered at or under 500.0 USD, worth 6594850.84906 USD in total. | Data vintage: 0.0058 seconds [05:53]
ThickAsThieves cheap! [05:53]
abracadabra realistically and 10k [05:53]
abracadabra in the same sentence [05:53]
abracadabra interesting [05:53]
ThickAsThieves hehe [05:53]
ThickAsThieves theoritically? [05:53]
abracadabra *shrug* [05:53]
smickles btc at 10k, i'll have some purchases to make [05:53]
ThickAsThieves yeah this room would be empty [05:54]
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ThickAsThieves or filled with litecoin moguls [05:54]
bgupta hell even though I'm a big fan, I could lighten my position by a asmall amount and have the proceeds have a serious impat on my life. [05:54]
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Diablo-D3 so I think today is lets make fun of Luke-Jr [05:56]
Diablo-D3 Luke-Jr refuses to get his BitFunder account so he can get DMC dividends. [05:56]
Bugpowder I will sell another chunk at 190 [05:56]
* Luke-Jr gets Diablo-D3 a scammer tag [05:56]
* Diablo-D3 bans Luke-Jr from the forum. [05:57]
Diablo-D3 That worked quite well. [05:57]
Luke-Jr I should post a scammer tag request for Diablo-D3 just for the lulz [05:57]
Diablo-D3 nefario tried that once [05:57]
Diablo-D3 karma hit him like a truck [05:57]
Luke-Jr Ukto: it's your fault Diablo-D3 is a scammer btw [05:57]
dub the funny here is that Luke-Jr invested in DMC [05:58]
Luke-Jr dub: exactly [05:58]
Luke-Jr dub: Diablo-D3 refuses to give me my dividends [05:58]
Diablo-D3 the funny here is he wont fix his account because HIS DIVIDENDS ARE IN HIS ACCOUNT [05:58]
Diablo-D3 I have zero access to other customer's accounts because, you know, that'd be illegal. [05:59]
Ukto 0,0 [05:59]
Ukto what ? [05:59]
Diablo-D3 that'd be like luke calling up Apple because he wants his dividends instead of calling up Vangard [05:59]
Luke-Jr Ukto: Diablo-D3 is blaming you for his not paying my dividends [05:59]
Diablo-D3 Ukto: no, Im blaming Luke-Jr for not talking to you to get his account fixed [05:59]
Ukto everyone blames me for everything [05:59]
Ukto I will accept your love. [05:59]
Ukto :P [05:59]
* Diablo-D3 tenderly loves Ukto [06:00]
Luke-Jr I don't want to use BitFunder, I just want my dividends. [06:00]
thestringpuller ;;bids 100 [06:00]
gribble There are currently 6961.6516 bitcoins demanded at or over 100.0 USD, worth 708089.196113 USD in total. | Data vintage: 0.0043 seconds [06:00]
Luke-Jr my relationship with DMC was via GLBSE [06:00]
thestringpuller ;;market sell 50000 [06:00]
gribble A market order to sell 50000 bitcoins right now would net 4580113.0445 USD and would take the last price down to 80.0000 USD, resulting in an average price of 91.6023 USD/BTC. | Data vintage: 9.8758 seconds [06:00]
Luke-Jr not BitFunder [06:00]
Ukto Luke-Jr: I'm sorry. [06:00]
Ukto I can't do anything to countermand that. [06:00]
Luke-Jr so it's Diablo-D3's fault, as I suspected [06:00]
Luke-Jr SCAMMER TAG TIME [06:00]
toffoo Luke-Jr: I have DMC in my BitFunder accnt .. if we can figure out some way to xfer your DMC shares into mine I'd be happy to pass along a %age of your divs [06:01]
Diablo-D3 Ukto: he cant log into his account [06:01]
ThickAsThieves You can pay me to get it out of BitFunder for you [06:01]
Diablo-D3 toffoo: he'd need to log in first [06:01]
Luke-Jr toffoo: the reason I'm not using BitFunder is that it doesn't work [06:01]
Ukto BitFunder currentl has no method to pay dividends to non-user accounts [06:01]
Diablo-D3 Luke-Jr: at no point did you hold shares directly with DMC [06:01]
Luke-Jr tiberiusiv: bye troll [06:01]
Ukto Luke-Jr: are you having login issues? [06:01]
Ukto or just dont wanna sign up [06:01]
Diablo-D3 if you had, I'd e paying you shares directly [06:01]
Diablo-D3 I do not offer such a service. [06:01]
Luke-Jr Ukto: I signed up, and tried to claim my GLBSE crap, and it didn't work [06:01]
Diablo-D3 Luke-Jr: and you didnt even email tech support [06:01]
Diablo-D3 this is why everyone laughs at you [06:02]
Ukto Luke-Jr: Then let me help you :) [06:02]
Luke-Jr Diablo-D3: nonsense, I bought my shares before they were on GLBSE even! [06:02]
bgupta I'm sure Ukto can sort out Luke-Jr.. (Can you guys please take it offline though.) [06:02]
dub tiberiusiv: man, I kinda like your trolling style but Luke-Jr is the ubertroll, you should give up at this point [06:02]
Luke-Jr besides, I'm busy killing litecoin atm [06:02]
Ukto Luke-Jr: gonna have to fight tux on that one. he's trying to make it bigger :P [06:03]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.189 BTC [+] [06:03]
toffoo doesn't look like that's been too successful today [06:03]
Ukto Luke-Jr: When you clicked on the claim link in bitfunder, did it already show a DMC share pending? or is your email address on BitFunder different than GLBSE? [06:03]
assbot [BTCTC] [BTC-TRADING-PT] 7 @ 0.1895 = 1.3265 BTC [+] [06:03]
Diablo-D3 Luke-Jr: you had the loan repaid in shares, nothing more, nothing less [06:03]
kakobrekla Luke-Jr and how you gonna kill litecoin? [06:03]
Luke-Jr kakobrekla: FPGAs [06:03]
dub tiberiusiv: srsly, nothing we can say to Luke-Jr is more fucked up than the shit floating around in his head [06:03]
Luke-Jr Ukto: I forget, it was months ago [06:03]
Ukto Diablo-D3: I have not looked, does he have a pending claim on the system? [06:03]
kakobrekla Luke-Jr FPGAs ? [06:03]
Luke-Jr Ukto: Tux is *why* I'm bothering to kill litecoin [06:04]
Diablo-D3 Ukto: I presume so, but obviously I cant go look [06:04]
Luke-Jr now [06:04]
toffoo maybe that would kill GPU/CPU miners, but not litecoin [06:04]
kakobrekla is that litecoin on gox even conifrmed? [06:04]
Luke-Jr toffoo: I just shut off transactions once I have 99% [06:04]
Diablo-D3 Ukto: he, in the past, has held DMC shares [06:04]
Diablo-D3 Ukto: I do not know if he currently does [06:04]
Luke-Jr Diablo-D3: yes, shares from DMC. [06:04]
Ukto I see the issue I think [06:05]
Ukto Luke-Jr: pm? :) [06:05]
thestringpuller omg bitbet is about to pay off [06:05]
smickles i want an ERB Luke-Jr vs tiberiusiv [06:05]
Luke-Jr Ukto: sure [06:05]
Ukto thestringpuller: here, lemme throw 10btc in real quick to no [06:05]
Diablo-D3 Luke-Jr: and you're asking me after the third dividend payment sent to DMC shareholders as well [06:05]
Luke-Jr but I'm busy as heck [06:05]
Diablo-D3 smickles: catholic style vs dirty negro style? [06:05]
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Luke-Jr Diablo-D3: YOU SCAMMED ME OUT OF 2 BEFORE THIS⁈/ [06:05]
Diablo-D3 Luke-Jr: SUBSCRIBE TO THE FUCKING THREAD [06:06]
assbot [BTCTC] [BTC-BOND] 9 @ 0.01 = 0.09 BTC [+] [06:06]
mircea_popescu lmao finally. Bugpowder now you can log chats! [06:07]
benkay the chats weren't logged? [06:07]
Bugpowder they are logged by others, but not me [06:08]
mircea_popescu bgupta orly , forbes knows =shiot now. [06:08]
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dub Diablo-D3: what were the divs btw? I guess if we hit $5k I might need to claim my 1 DMC [06:09]
dub (that I bought for 1 satoshi) [06:09]
mircea_popescu the funny here is that Luke-Jr invested in DMC <<< [06:09]
mircea_popescu https://bitcointalk.org/index.php?topic=164550 heh. [06:10]
Diablo-D3 dub: this month was ~55 over 10k shares [06:10]
dub well the funny in that is that my bid at 0.00000001 filled [06:10]
assbot [MPEX] [S.DICE] 3 @ 0.00398998 = 0.012 BTC [+] [06:11]
Diablo-D3 didnt that get filled on like the last day of glbse or something? [06:11]
dub don't think so [06:11]
mircea_popescu this lukejr talk about killing is worrisome [06:11]
mircea_popescu he's certainly the one bitcoiner most likely to go shoot up a school or some shit [06:12]
BitHub lulz [06:12]
Bugpowder he has that look [06:12]
dub to fully disclose I held a great many more DMC shares for short periods as I assisted in destroying their value [06:12]
ThickAsThieves $avg [06:12]
mpexbot ThickAsThieves: 99.80 [06:12]
bgupta mircea_popescu: Interestingly the author is long btc.. anyway, the point is you don't need to accept that btc has the characteristics that make a currency useful, to see that it is useful. It seems to trade like a hybrid between some collectible, a currency, and a early stage startup's equity. [06:12]
BitHub so bfl giving a asic to jr, bad pr? [06:12]
ThickAsThieves no pr [06:13]
Diablo-D3 if BFL was truly legitimate [06:13]
Diablo-D3 they'd send me a minrig. [06:13]
bgupta mircea_popescu: As long as the price remains so unstable it's going to be challenged as a day to day currency. [06:13]
Diablo-D3 thats the only way to prove their legitimate at this point [06:13]
ThickAsThieves it's a stable diagonal line, thats the best kind right? [06:13]
BitHub are bfl still on that world tour 3 month boat cruise thing? [06:13]
bgupta Diablo-D3: To send YOU a rig? [06:14]
Diablo-D3 bgupta: yup. [06:14]
BitHub "discovering themselves" [06:14]
assbot [MPEX] [S.BBET] 8 @ 0.00195 = 0.0156 BTC [-] [06:14]
mircea_popescu so basically because the usd is an inflationary piece of shit [06:14]
mircea_popescu and ciompletely out of control [06:14]
mircea_popescu bitcoin is "a bad currency" [06:14]
mircea_popescu what nuttery is this ? [06:14]
Diablo-D3 mircea_popescu: I agree with their assesment [06:14]
assbot [HAVELOCK] [SDICE] 4 @ 0.4359999 = 1.744 BTC [-] [06:14]
Diablo-D3 if you use USD as the golden standard, Bitcoin is the worst possible currency you could create [06:15]
mircea_popescu right. [06:15]
Diablo-D3 I mean, thats one hell of a backhanded complement [06:15]
mircea_popescu also if you use diarhea as a standard [06:15]
mircea_popescu jasmine tea is like the worst. [06:15]
Diablo-D3 well, to be fair [06:15]
assbot [MPEX] [S.MPOE] 30 @ 0.00060272 = 0.0181 BTC [-] [06:15]
Diablo-D3 if you have actual diarehea, gatoraid would be your best bet [06:16]
ThickAsThieves if "=PriceMPEX("O.BTCUSD.C310T","S")" used to pull the old options into a spreadsheet, what would I have to change it to for new options? [06:16]
smickles O.USD.C031T [06:16]
smickles if there is a 31 [06:16]
Diablo-D3 stopping the diarehea isnt a good idea unless they simply cant get fluids back into you fast enough [06:16]
Namworld That's one of my functions =/ [06:16]
mircea_popescu "=PriceMPEX("O.USD.C031T","S")" [06:16]
Namworld and I updated my spreadsheet by the way [06:16]
ThickAsThieves No such option [06:17]
ThickAsThieves oh you did [06:17]
smickles 032 [06:17]
ThickAsThieves link pretty plz [06:17]
smickles 31s got turned into 32s [06:17]
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ThickAsThieves thx smickles [06:17]
Namworld =PriceMPEX("O.BTCUSD.C310T","S") [06:18]
smickles (or 29, depending on which way was better for you) [06:18]
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assbot [HAVELOCK] [SDICE] 1 @ 0.436 BTC [+] [06:18]
Bugpowder 10.3M bids [06:19]
thestringpuller ;;bids 0 [06:19]
gribble There are currently 35147801 bitcoins demanded at or over 0.0 USD, worth 10305059.9642 USD in total. | Data vintage: 24.6499 seconds [06:19]
thestringpuller word [06:19]
thestringpuller ;;bc,stats [06:19]
gribble Current Blocks: 229233 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 590 blocks | Next Difficulty In About: 2 days, 21 hours, 4 minutes, and 23 seconds | Next Difficulty Estimate: 7678465.63048 | Estimated Percent Change: 14.6754 [06:19]
bgupta micea_popescu: what is the purpose of a currency? My understanding is that it is to facilitate day to day commerce. Buying eggs and bread and shit, so people don't have to barter. For this purpose, it sucks. Remember the volitility is not just in one direction.. [06:22]
smickles omg, i love finding math wich is over my head, but seems within my grasp :D *squee# [06:22]
bgupta mircea_popescu: ^^ typo.. anyway, that's not to say it can't grow into a good currency [06:23]
mircea_popescu bgupta i think you're confusing yourself. [06:24]
assbot [MPEX] [O.USD.C101T] 30 @ 0.23623945 = 7.0872 BTC [+] [06:24]
mircea_popescu eggs and bread are not the test case of currency. [06:24]
mircea_popescu this is like saying "what is the purpose of a car! to drive on new jersey turnpike!" [06:24]
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thestringpuller $oix [06:24]
Bugpowder taxes are the purpose of a currency [06:24]
thestringpuller !ticker ^ OIX [06:25]
assbot Hell, ain't we about more fucked than a whore at closin' time, huh? [06:25]
Bugpowder luckily we have egovpay [06:25]
smickles $vwap ^ [06:25]
mpexbot smickles: ^OIX 1 day: no data 7 day: average: 100.51048048 high: 132.19074012 low: 86.04499804 volume: 9190 btc: 4514.05164472 30 day: no data [06:25]
mircea_popescu i mean saying its purpose is to measure commerce / act as medium of exchange etc is one thing [06:25]
mircea_popescu but then to reduce that to such a narrow use seems fallacious. [06:25]
ThickAsThieves What Currency is http://www.youtube.com/watch?v=R2wDz3mJTlE props to Ukto for the link [06:25]
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ThickAsThieves the kid is actually calm in that video, but he has some wild ones [06:26]
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mircea_popescu now all that aside : currenlt bitcoin is not workable as a token to buy eggs because a large number of idiots mistakenly refuse to recognise its value. [06:26]
BitHub oh jesus, kill it, KILL IT [06:26]
mircea_popescu that'll resolve itself soon enough, and then there's the rest of eternity to bitcoin back and forth [06:27]
BitHub looks like that chick from larry david, Wanda [06:27]
Ukto lol [06:29]
assbot [MPEX] [S.DICE] 2500 @ 0.00378605 = 9.4651 BTC [-] [06:29]
benkay different currencies may be better suited to different things [06:30]
mircea_popescu this certainly. [06:30]
smickles my volatility sense is tingling [06:30]
mircea_popescu ;;ticker [06:30]
gribble BTCUSD ticker | Best bid: 104.80000, Best ask: 105.00000, Bid-ask spread: 0.20000, Last trade: 105.00000, 24 hour volume: 91538.99833040, 24 hour low: 92.65000, 24 hour high: 106.00000, 24 hour vwap: 100.80654 [06:30]
smickles ;;goxlag [06:30]
gribble 4.659735 seconds [06:30]
benkay man [06:32]
smickles hmm, decent # of asks dropping [06:32]
benkay these chats are logged [06:32]
benkay i can't say anything [06:32]
thestringpuller mircea_popescu: it seems bitcoin is redistributing wealth [06:32]
thestringpuller ;;bids 100 [06:32]
gribble There are currently 7136.2212 bitcoins demanded at or over 100.0 USD, worth 726982.251473 USD in total. | Data vintage: 0.0042 seconds [06:32]
thestringpuller ;;bids 90 [06:32]
gribble There are currently 35564.567 bitcoins demanded at or over 90.0 USD, worth 3370512.9669 USD in total. | Data vintage: 4.4431 seconds [06:32]
smickles ;;goxlag [06:32]
gribble 0 seconds [06:32]
smickles :o [06:33]
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ThickAsThieves ;;asks 110 [06:35]
gribble There are currently 9755.8082 bitcoins offered at or under 110.0 USD, worth 1053292.16897 USD in total. | Data vintage: 0.0117 seconds [06:35]
Bugpowder yawn [06:35]
Bugpowder good night [06:35]
ThickAsThieves see you tomorrow 110 [06:35]
Bugpowder see you at 110 [06:35]
Bugpowder 7 hours from now [06:35]
mircea_popescu taxes are the purpose of a currency <<< actually if we go by historicval recorxd [06:36]
mircea_popescu it's paying for the military. [06:36]
mircea_popescu at least that's how soldiers got to be called soldiers in the first placer. [06:36]
Bugpowder well thats what taxes are for [06:36]
assbot [MPEX] [S.MPOE] 3420 @ 0.00060272 = 2.0613 BTC [-] [06:36]
assbot [MPEX] [S.MPOE] 15280 @ 0.00061282 = 9.3639 BTC [+] [06:36]
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mircea_popescu basically. [06:37]
toffoo you're right "ORIGIN Middle English: from Old French soldier, from soulde ‘(soldier's) pay,’ from Latin solidus (see solidus). The verb dates from the early 17th cent." [06:37]
bgupta mircea_popescu: Ok let's flip this around. What is your definition of a "good currency"? [06:37]
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Bugpowder The word soldier entered modern English in the 14th century from the equivalent Middle English word soudeour, from Anglo-French soudeer or soudeour, meaning mercenary, from soudee, meaning shilling's worth or wage, from sou or soud, shilling. [06:38]
benkay militaries may not be as well funded in the future as the united states is today. [06:38]
Bugpowder the roman gold coin was the solidus [06:38]
benkay states' [06:38]
Bugpowder from which sou was eventually derived [06:38]
Bugpowder nice study in inflation, the history of the solidus [06:39]
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mircea_popescu bgupta you seen the too much money article ? [06:39]
mircea_popescu ;;later tell bugpowder exactly. [06:40]
gribble The operation succeeded. [06:40]
mircea_popescu toffoo what you thought i was making shit up ? [06:40]
bgupta mircea_popescu: Prolly not.. link? [06:40]
mircea_popescu http://polimedia.us/trilema/2012/the-problem-of-too-much-money/ [06:41]
mircea_popescu (also links to a good other article) [06:41]
mircea_popescu once you've read that my definition will make more sense. it is "a good currency is one that doesn't introduce friction for capital allocation" [06:41]
mircea_popescu just like a good baseball bat is one that doesn't lower the batter's average. [06:42]
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mircea_popescu or golf club or we [06:42]
benkay huh [06:42]
benkay interesting paradigm [06:42]
benkay you can think about money friction as bleeding money off the wealthy into the rest of the population [06:42]
benkay and sort of model it like an entropic thing [06:43]
thestringpuller Where did Bugpowder go? [06:43]
benkay or an ecosystem if you like thinking that way [06:43]
thestringpuller Why do you always scare off Bugpowder mircea_popescu [06:43]
benkay it's an unhealthy ecosystem that only has apex predators [06:43]
thestringpuller i keep it icyhot these niggas benkay [06:43]
benkay s/unhealthy/unstable [06:43]
mircea_popescu benkay nah. friction is bleeding money off productive uses into the toilet. [06:44]
mircea_popescu to the detriment of all, and especially the poor. [06:44]
thestringpuller the poor support [06:44]
benkay poor? what's a poor [06:44]
benkay what's poor even mean in ecosystem dynamics? [06:44]
mircea_popescu the poor is any one individual that does not own enough real property or capital to produce one average wage out of its use alone. [06:45]
mircea_popescu if you make 50k a year in rents and interests you're not poor. [06:45]
mircea_popescu or w/e average is these days. [06:45]
mircea_popescu 11ty billion. [06:45]
benkay is skilled labor poor in this paradigm? [06:45]
benkay mircea_popescu? [06:46]
thestringpuller yay tiberiusiv [06:46]
thestringpuller they greatest troll eva [06:46]
mircea_popescu benkay yes. [06:46]
bgupta well you can't have "rich" without "poor" laboring for their wages [06:46]
mircea_popescu who is proposing such a thing ? [06:46]
benkay interesting. because they don't have to work for their income? [06:46]
benkay derp i mean that backwards [06:46]
thestringpuller everyone has to work for their income [06:46]
benkay don't be a pedant, puppeteer. [06:47]
mircea_popescu benkay no. because if shit hits the fan they're sol. [06:47]
benkay I prefer to sell hours than rent myself. [06:47]
benkay but that's neither here nor there. [06:47]
mircea_popescu so if you're abny good at it eventually you should accumulate enough wealth to not be poor. [06:48]
benkay i get it. [06:48]
mircea_popescu of course the socialistoid governments of the uncivilised world would very much prefer a population of poor only. [06:48]
mircea_popescu which is why all the anti-getting ahead stuff. [06:48]
benkay what is this anti-getting ahead stuff of which you speak? [06:49]
benkay american pop culture is all about the hustle. [06:49]
thestringpuller mircea_popescu: but that's only the case if you pass wealth down throughout generations [06:49]
mircea_popescu benkay have you considered how taxation works in the us for instance ? [06:49]
thestringpuller mircea_popescu: you can't become wealthy in one lifetime [06:49]
mircea_popescu the only thingthat's not ok is to get out of the poor into the rich. everytjhing else is fine, [06:49]
benkay i'm listening. [06:49]
mircea_popescu but if you get even close to that barrier it's like superficial tension in a water dropplet al oof a sudden [06:49]
mircea_popescu thestringpuller sure you can. [06:50]
mircea_popescu but certainly the passing down would be one way to do it, and that's why inheritance is taxed to fuck. [06:50]
thestringpuller give gifts before you die [06:50]
thestringpuller and trusts [06:50]
mircea_popescu one excellent case study of how bitcoin is irretrievably destroying the socialist paradigm. [06:50]
thestringpuller there are easier ways around death taxes than death itself [06:50]
benkay mind = blown [06:50]
mircea_popescu bye bye inheritance tax means the system's lifetime is already capped to about 3 generations. [06:51]
mircea_popescu but it will kill welfarism much sooner than that. [06:51]
dub yeah ex had trust fund via gifting [06:51]
dub had to forgive $30k/year of debt oslt [06:51]
benkay interesting. i don't know that i buy the numbers behind that argument, but it's interesting. [06:51]
mircea_popescu benkay numbers intended for exemplification purposes only. [06:52]
benkay i understand [06:52]
benkay i'm intrigued, sir [06:52]
benkay i'll be running this through the wringer over the coming week [06:52]
mircea_popescu another good angle is this : [06:52]
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mircea_popescu people like buffett, who already made it, come up with "we're not taxed enough" sort of statements. [06:53]
benkay my tiny brain's already leaking, bro [06:53]
benkay chill out [06:53]
mircea_popescu the fact is that a. he's only not being taxed because he isn't paying himself a salary (because he doesn't need to) [06:53]
benkay but no i love it [06:53]
mircea_popescu and b. his only purpose is to fuck up anyone threatening to join his club. [06:53]
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benkay how do those statements accomplish the above, mircea_popescu? [06:54]
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mircea_popescu very abridgedly : if you have a bn dollars you pay about 3-5% in tax, or w/e you want. [06:54]
mircea_popescu in other places you need even less. [06:54]
mircea_popescu then politics works as an attempt by the billionaire to use the mob[ile vulgus] as a sort of scarecrow to keep the middle class threading water. [06:55]
benkay how does the system where you don't have socialism work when you have so many poor, though? [06:55]
mircea_popescu "more taxes" won't touch buffet any more than the current taxes do. however, it WILL make whatever business less profitable, and thus less able to produce "nouveau riches" [06:55]
benkay i get it i get it [06:55]
bgupta wait, you are arguing that fundamentally (assuming one believes that governments need revenue to provid basic services) that there is a reason that the poor should be taxed a higher percentage of their income than the rich? (Basically Buffett's arguement is that current tax system is regressive and that he was being taxed less than his secretary) [06:56]
mircea_popescu his argument is disingenous [06:56]
mircea_popescu he's paying himself less than his secretary. [06:56]
mircea_popescu basically he's saying "hehehe, i can shelter from tax, therefore you should tax those who can't do it more" [06:56]
bgupta well what does it matter if his pay comes from investment income or salary? [06:56]
BitHub tax system should just copy kickstarter style of doing it [06:56]
bgupta voluntary payment? [06:57]
mircea_popescu absolutely. [06:57]
mircea_popescu and bitcoin will force that, i'm pretty sure. [06:57]
mircea_popescu old greek way of doing things. [06:57]
BitHub would be cool [06:57]
BitHub i'd actually be looking foward to paying taxes [06:58]
BitHub putting my money to good use and tracking the progress of it [06:58]
benkay so. how do handle mob in post forced tax environment? [06:58]
bgupta why would anyone choice to be the one sucker who is paying taxes. What is the incentive? [06:58]
mircea_popescu benkay they learn to serve or to starve, i guess. [06:58]
mircea_popescu bgupta that is the problem of the people getting paid. klet them explain it. [06:58]
benkay bgupta: you pay the police to keep the rabble off of your lawn [06:58]
bgupta s/choice/choose/ [06:59]
mircea_popescu why would anyone be the sucker paying for restaurant meals ? [06:59]
mircea_popescu dunno, apparently some people. [06:59]
bgupta but individuals would just hope that everyone else pays… it would quickly break down [06:59]
mircea_popescu if you propose paying for no service however, that ain't happening and is going away. [06:59]
mircea_popescu bgupta i would absolutely not pay a cent for the tsa say [06:59]
mircea_popescu so within a few weeks tsa would break down and go away/ [06:59]
mircea_popescu wunderbar,. [06:59]
mircea_popescu perfect example of marketplace curtailing political idiocy. [07:00]
benkay what about fire department problem? [07:00]
dub its cured rat [07:00]
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benkay hey man, flame off. just counter it calmly. [07:01]
mircea_popescu benkay what'd that problem be ? [07:01]
benkay tiberiusiv i don't understand the analogy [07:01]
mircea_popescu anyway. if greek remaining bits are any indication, political debate would move to include a large chunk of "let me tell you how much i've donated" [07:03]
benkay right and we let the poor parts of the city burn [07:03]
mircea_popescu which'd be nice to see. [07:03]
benkay which is fine most of the time [07:03]
mircea_popescu they burn, they get redeveloped into houses for rich people, the poor get to live in as servants [07:03]
benkay except for those times when all of chicago burns down [07:03]
mircea_popescu this idea that we're all equal and so forth is pernicious. [07:03]
bgupta If all of a sudden income tax was optional.. the central gov't would have NO revenue., and services would revert to neighborhood vigilante services.. think "paying the mob for protection".. I can't see this happening… [07:03]
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benkay dunno about that [07:04]
benkay police states are pretty cheap for those at the top relative to the rents extracted [07:04]
benkay send me links [07:04]
benkay benkay@gmail.com [07:04]
mircea_popescu bgupta i can, it'd be better than current bs. [07:04]
bgupta You're basically proposing anarcocapilast society. [07:04]
benkay i don't know where to even start man. [07:04]
mircea_popescu "all politics is local politics" and all that. [07:05]
benkay but it's drinking time. [07:05]
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mircea_popescu there's currently a trolling technique called "swatting". [07:05]
KRS1 once capitalist, i think we are now just crapitalist [07:05]
mircea_popescu this amply proves why central socialist govt is worse than the mob [07:06]
Diablo-D3 Ukto: did you fix luke's shit yet? [07:06]
bgupta well I can't see it happening in the US, basically the US "mass" citizens will pay taxes if they get what they think they want, and they don't feel that they are being taxed unfairly. [07:06]
mircea_popescu (tho the fact that the mob defeats socialist states everywhere, from russia to iran and etc) is pretty good proof of the superiority of the system [07:06]
mircea_popescu or moreover, of the incredibly brokedness of socialism as a form of govt. [07:06]
KRS1 shhhhhh...they're listening. [07:06]
bgupta (IE: Unfairly means more than their equivalent neighbor) [07:06]
Ukto Diablo-D3: i think they have been claimed. [07:06]
mircea_popescu bgupta i guess you get to watch it unfold. [07:07]
Diablo-D3 Ukto: seriously, what the fuck is with people [07:07]
mircea_popescu pretty much the only us citizens that like taxes are those who get a net benefit from govt servicing. [07:07]
Diablo-D3 Ukto: he didnt even know glbse was shut down last year [07:07]
Ukto mircea_popescu: correct. :) [07:08]
bgupta You'd be surprised how many that is.. with the gov't borrowing money like mad. [07:08]
BitHub swatting? [07:09]
assbot [HAVELOCK] [VTX] 11 @ 0.56885555 = 6.2574 BTC [+] [07:09]
bgupta So right now 1btc buys about 500 eggs. Assuming that btc/usd ratio keeps going up to say 1000 in a few years. does that mean I'll be able to buy 5000 eggs with 1btc, or are we expecting massive inflation to kick in, in USD terms, and btc prices to stabilise out? [07:11]
BitHub i'm a fan of positive reinforcement trolling [07:11]
bgupta If that happens, I'd say btc has graduated into a good currency. [07:11]
mircea_popescu bgupta i wouldsay the 500 eggs for 1 btc is mostly an effect of btc price being de facto supressed through ignorance/it being new [07:11]
mircea_popescu once btc reflects its true value (ie, fiat M3 / btc m3) you can pretty much count that forever more you'll get an egg for 3 satoshi or w/e that works out to [07:12]
kakobrekla but that would be blockchain spam [07:14]
mircea_popescu totally. [07:14]
kakobrekla even with teh 0.005 fee [07:14]
mircea_popescu i imagine the way it'd work out in practice is you sell out some satoshi for a wad of zimbabew dollars or w/e [07:14]
mircea_popescu and then just spend that [07:14]
mircea_popescu at least for eggs [07:15]
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bgupta So in that case, buying btc, seems akin to buying shares in the new world order. And if we aren't ever envisioning a future where one can buy eggs with btc, (even when 1 btc is worth a wheelbarrow full of fiat) there is a problem. We'll need (and probably will) solve the blockchain spam problem. [07:18]
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mircea_popescu i would think that's exactly it. buying btc is buying shares in the new world order. [07:19]
mircea_popescu you notably can't buy eggs directly with google shares. [07:19]
ThickAsThieves nor gold [07:19]
mircea_popescu but that does not mean that your google shares aren't what your eggs are ultimately bought with [07:19]
bgupta right, hence my arguement that it's not really a great currency… but it doesn't have to be to be a great thing to invest in. [07:20]
mircea_popescu i guess someone could trade about 3 semi tractor trailers' load of eggs [07:20]
bgupta google shares aren't a great currency either [07:20]
mircea_popescu for one berskshire hathaway share [07:20]
mircea_popescu i never heard of this happening tho. [07:20]
mircea_popescu but you mean by currency something that's just a very edge case of what a currency may do [07:20]
mircea_popescu that was my original objection. [07:20]
mircea_popescu some women masturbate with handguns. [07:20]
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mircea_popescu while some handguns are more apt for that purpose than others [07:21]
mircea_popescu i dunno that many people care about this in a discussion of "a good handgun" [07:21]
ThickAsThieves undocumented feature [07:21]
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mircea_popescu incidentally, in most of the world eggs are primarily bought on notebook credit [07:23]
mircea_popescu (ie, shop owner has a notebook, marks down your eggs, gets paid once a month) [07:23]
bgupta I'm saying that currencies were created to solve the barter systems lack of a of double coincidence of wants. All this wealth, technical progress and all that have been able to be created as a result are just efects of the creation of currency, and not its basic purpose. [07:23]
mircea_popescu i would say that's incorrect. [07:23]
mircea_popescu currencies were created to pay the military. [07:24]
ThickAsThieves currencies were created for convenience [07:24]
mircea_popescu the original currency unit was worth in the $100k range in today's terms. [07:24]
bgupta Really, I thought they paid soldiers in salt, wine and food? [07:24]
bgupta what was the original currency unit? [07:25]
mircea_popescu solidus, read up we just had this convo. [07:25]
ThickAsThieves Eve's nani [07:25]
mircea_popescu of course if you prefert to go even earlier [07:25]
mircea_popescu the greeks were split on the topic. sparta banned all currency [07:25]
mircea_popescu athens used it to settle large scale trade, again much like btc is used today. [07:25]
mircea_popescu that currency slowly made it's way into the hands of the poor, in ever smaller denominations, sizes and metals, silver, copper, tin [07:26]
mircea_popescu does not make the currency "that which is exchanged for one egg" [07:26]
ThickAsThieves whats the argument on the table? [07:27]
ThickAsThieves bitcoin is not perfect? [07:28]
mircea_popescu i think more of an exploratory "what is bitcoin really" [07:30]
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bgupta Ok one egg, is a bit.. mmm.. hyperbolic.. you can't really even buy one egg with fiat, in most markets. (They are typically sold by the dozen).. The point is bitcoin isn't rally a good currency right now, but it does have attributes which could allow it to become one.. [07:34]
bgupta I was thinking that once the market cap of btc inc. reaches high enough we could see certain countries starting to back fiat with btc, in which case we'd start to see this sort of stuff changing. [07:34]
bgupta but it has a long way to go between now and then.. (which is not as impossible as many would want us to believe.) [07:35]
ThickAsThieves i dont think you can get gov buy-in [07:35]
mircea_popescu long way = 10 years ? [07:36]
ThickAsThieves ever [07:36]
mircea_popescu think about it, brazil crisis ? [07:36]
bgupta btw how did you calculate that 1 solidus is worth 100,000 usd in today's terms? (Yeah I was thinking 10 years) [07:36]
mircea_popescu if something like that happens again, the local scrip is backed by bitcoin instantly. [07:36]
mircea_popescu bgupta using my ass. [07:36]
mircea_popescu it was something like 32 grams of gold iirc [07:36]
mircea_popescu accounting for the rarity of gold/economy differential and everything... i just came up with 100k [07:37]
bgupta err 62 solidus to the roman lb or 5.5 g each [07:37]
bgupta 55 USD per gram of gold. [07:37]
mircea_popescu hum, wasn't it much larger ? [07:38]
mircea_popescu 4 grams in gold is tiny [07:38]
bgupta unless this is wrong http://en.wikipedia.org/wiki/Solidus_(coin) [07:38]
mircea_popescu well anyway. [07:39]
bgupta however one could argue that since 1 solidus was exchangable for 1000 denarii.. then perhaps one can calculate it as worth 1000 x 6.8 grams of silver. [07:39]
mircea_popescu the 55 dollar per gram is misleading. they had much less gold available at the time, and different economy. [07:39]
mircea_popescu having one of the 100 coins in an empire makes you like a guy having1 of the 100 coins in another empire. [07:39]
bgupta so closer to $900 [07:39]
mircea_popescu i guess the relative preminence of someone with 100k in the american empire today [07:39]
mircea_popescu is comparable to the relative preminence of someone with one solidus in 40 ad [07:40]
bgupta can't forget the effect that slavery had on the economy as well. [07:40]
mircea_popescu this is pretty much the only way to judge, in my eyes. I don't care about absolutes, i wish to conserve the same percentual value. [07:40]
ThickAsThieves you guys might be off the deep end here [07:41]
[\] .bait [07:41]
bgupta IE: someone with 1 solidus had infinate more wealth than your average slave in Roman times [07:41]
bgupta yeah totally offtopic, my apologies [07:41]
mircea_popescu actually i think the 100k is remarkably adequate [07:42]
ThickAsThieves not trying to moderate, just rubbernecking I guess [07:42]
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mircea_popescu i mean... richest guy has what, 600k of these 100k dollar coins [07:43]
mircea_popescu seems about what the famous rich had at the time too [07:44]
ThickAsThieves ;;bc,stats [07:45]
gribble Current Blocks: 229247 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 576 blocks | Next Difficulty In About: 2 days, 20 hours, 26 minutes, and 8 seconds | Next Difficulty Estimate: 7702888.16265 | Estimated Percent Change: 15.04014 [07:45]
ThickAsThieves ;;estimate [07:45]
gribble Next difficulty estimate | 7702888.16265 based on data since last change | 8925421.86613 based on data for last three days [07:45]
bgupta mircea_popescu: This articly sorta matches what I am thinking but it uses the term money instead of currency. http://www.businessinsider.com/is-bitcoin-money-2013-4 [07:49]
mircea_popescu "start your free trial now" [07:51]
mircea_popescu i guess i'll pass [07:51]
bgupta start you free trial now? this site isn't a paywall site in the us? [07:51]
mircea_popescu i dunno [07:52]
mircea_popescu a just a dumbass advertising splahs [07:52]
mircea_popescu bah what a mess. [07:53]
mircea_popescu well basically... i can't access it. [07:53]
mircea_popescu pastebin [07:53]
bgupta will do [07:53]
bgupta http://pastebin.com/fs3TYZDs [07:54]
mircea_popescu ty [07:56]
mircea_popescu In the USA, the primary form of money is bank deposits because bank deposits are the form of money that dominate the US payments system. [07:57]
mircea_popescu im sorry, i can;'t get past the unfounded assumptions and general illiteracy of the author. [07:57]
assbot [HAVELOCK] [SDICE] 2 @ 0.3943002 = 0.7886 BTC [-] [08:02]
assbot [HAVELOCK] [SDICE] 1 @ 0.39430001 BTC [-] [08:02]
assbot [HAVELOCK] [SDICE] 10 @ 0.3943 = 3.943 BTC [-] [08:03]
assbot [HAVELOCK] [SDICE] 3 @ 0.393 = 1.179 BTC [-] [08:03]
assbot [HAVELOCK] [SDICE] 3 @ 0.393 = 1.179 BTC [-] [08:03]
assbot [HAVELOCK] [SDICE] 2 @ 0.3802 = 0.7604 BTC [-] [08:03]
assbot [HAVELOCK] [SDICE] 3 @ 0.38000001 = 1.14 BTC [-] [08:03]
assbot [HAVELOCK] [SDICE] 9 @ 0.38 = 3.42 BTC [-] [08:03]
assbot [MPEX] [S.MPOE] 11050 @ 0.00060875 = 6.7267 BTC [-] [08:04]
assbot [MPEX] [S.MPOE] 4504 @ 0.00061282 = 2.7601 BTC [+] [08:04]
assbot [MPEX] [S.MPOE] 2846 @ 0.00061414 = 1.7478 BTC [+] [08:04]
ThickAsThieves btc falling [08:04]
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dub ppcoin doubled again [08:05]
dub in last 12 hours [08:05]
ThickAsThieves someone is dumping [08:05]
dub ;;goxlag [08:05]
gribble 75.838911 seconds [08:05]
ThickAsThieves weird my clark moody is buggin out [08:06]
assbot [HAVELOCK] [VTX] 1 @ 0.55 BTC [-] [08:06]
mircea_popescu ;;ticker [08:07]
gribble BTCUSD ticker | Best bid: 102.79189, Best ask: 102.99900, Bid-ask spread: 0.20711, Last trade: 102.99900, 24 hour volume: 100538.63346403, 24 hour low: 93.11000, 24 hour high: 106.00000, 24 hour vwap: 101.13664 [08:07]
mircea_popescu still over 100 [08:07]
kakobrekla ya but that is + goxlag + gribble lag [08:08]
kakobrekla so it might we as well 10 [08:08]
* kakobrekla places a buy at 12 [08:08]
kakobrekla maybe im lucky [08:08]
mircea_popescu lol [08:09]
ThickAsThieves 100 [08:09]
dub its gonna be cool when they introduce ltc [08:09]
ThickAsThieves they won't [08:09]
dub lag will be for days [08:10]
dub you think its a joke? [08:10]
dub btc jokes is funny [08:10]
ThickAsThieves yeah [08:10]
ThickAsThieves not necessarily a joke from hox [08:10]
ThickAsThieves gox [08:11]
dub it'd be like obama saying 'we just nuked teh shit out of korea' [08:11]
ThickAsThieves but a joke [08:11]
ZedsterX https://www.bitcoinforum.com/bitcoin-exchange/mt-gox-confirmed-to-start-exchanging-litecoin!-don%27t-miss-the-boat-on-this-one!/ [08:11]
ThickAsThieves 99.90 [08:11]
dub waiting 24 hours.. jokes niggas [08:11]
ZedsterX no joke [08:11]
ThickAsThieves 99 [08:11]
bgupta ThickAsThieves: Where do you get your RT pricing for btc again? [08:12]
ThickAsThieves http://bitcoin.clarkmoody.com/ [08:12]
ThickAsThieves when that breaks i try coinlab.com [08:13]
dub bitcoinity.org/markets [08:13]
dub #bitcoin-rt [08:13]
dub mtgoxlive.com (lol) [08:13]
kakobrekla > I cannot officially announce how "soon" "soon" means [08:13]
kakobrekla aka never [08:13]
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ZedsterX why would the API already be in place then? [08:15]
kakobrekla for teh fools? [08:15]
ThickAsThieves when did it first appear? [08:15]
ThickAsThieves its silly to think Gox would sell ltc imo [08:16]
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ThickAsThieves i need some sleep, plz work on getting btc back to 106 thx [08:18]
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dub I think a lot of money has been spent on LTC today in anticipation [08:19]
dub increases the chance of tux catchign a bullet I guess [08:20]
ZedsterX i turned 60 LTC into 2.5 BTC it was kinda fun [08:20]
dub ;;asks 106 [08:21]
gribble There are currently 2445.0987 bitcoins offered at or under 106.0 USD, worth 256822.359423 USD in total. | Data vintage: 111.1200 seconds [08:21]
assbot [MPEX] [S.MPOE] 2154 @ 0.00061414 = 1.3229 BTC [+] [08:21]
assbot [MPEX] [S.MPOE] 4550 @ 0.00061599 = 2.8028 BTC [+] [08:21]
assbot [MPEX] [S.MPOE] 1350 @ 0.00061859 = 0.8351 BTC [+] [08:21]
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assbot [MPEX] [S.MPOE] 2750 @ 0.00062045 = 1.7062 BTC [+] [08:30]
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assbot [HAVELOCK] [VTX] 20 @ 0.56799999 = 11.36 BTC [+] [08:36]
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bitesak ;;ticker [09:12]
gribble BTCUSD ticker | Best bid: 102.50000, Best ask: 103.00000, Bid-ask spread: 0.50000, Last trade: 103.00000, 24 hour volume: 105013.69915088, 24 hour low: 93.50000, 24 hour high: 106.00000, 24 hour vwap: 101.19241 [09:12]
BingoBoingo_ ;;wallstreet [09:13]
gribble Error: "wallstreet" is not a valid command. [09:13]
BingoBoingo_ Oh, shit Wall Street ain't found bitcoin yet and we broke $100 [09:14]
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mircea_popescu lol [09:19]
mircea_popescu it's found it jus' fne. [09:19]
taub btce chat is a riot... [09:24]
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taub http://lolosad.com/wp-content/uploads/2008/10/book-buy-sell-sell-sm.jpg [09:26]
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bitesak ;;ticker [09:43]
gribble BTCUSD ticker | Best bid: 100.91000, Best ask: 101.00000, Bid-ask spread: 0.09000, Last trade: 100.91000, 24 hour volume: 104235.61913665, 24 hour low: 93.50000, 24 hour high: 106.00000, 24 hour vwap: 101.32202 [09:43]
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BingoBoingo_ Maybe someone can help me, who is TheButterZone and do they always want to fuck their customers in the ass? [09:51]
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ZedsterX they seem to be one the first amazon stores to accept BTC [10:23]
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ZedsterX but they are very new i see [10:24]
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BingoBoingo_ ;;ycominator [10:27]
gribble Error: "ycominator" is not a valid command. [10:27]
BingoBoingo_ ;;ycombinator [10:27]
gribble Error: "ycombinator" is not a valid command. [10:27]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7559 BTC [+] [10:36]
assbot [BTCTC] [ASICMINER-PT] 6 @ 0.756 = 4.536 BTC [+] [10:37]
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BingoBoingo_ ;;wallstreet [10:46]
gribble Error: "wallstreet" is not a valid command. [10:46]
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error4733 !last m s.dice [10:46]
assbot Last trade for S.DICE on MPEX was at 0.00378605 BTC [-] [10:46]
error4733 !last h vtx [10:46]
assbot Last trade for VTX on HAVELOCK was at 0.56799999 BTC [+] [10:46]
error4733 ;;ticker [10:47]
gribble BTCUSD ticker | Best bid: 101.80000, Best ask: 101.80002, Bid-ask spread: 0.00002, Last trade: 101.80002, 24 hour volume: 103958.47309302, 24 hour low: 93.50000, 24 hour high: 106.00000, 24 hour vwap: 101.46624 [10:47]
BingoBoingo_ Oh, shit we are falling all the way down to $100 and WallStreet is still on the sidelines [10:47]
error4733 wallstreet is 5874 in Mtgox queue [10:50]
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assbot [MPEX] [S.MPOE] 5000 @ 0.0006519 = 3.2595 BTC [+] [10:53]
assbot [MPEX] [S.MPOE] 15000 @ 0.00065907 = 9.8861 BTC [+] [10:55]
assbot [MPEX] [S.MPOE] 2593 @ 0.00066487 = 1.724 BTC [+] [10:56]
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bitesak ;;ticker [11:14]
gribble BTCUSD ticker | Best bid: 102.50000, Best ask: 102.66430, Bid-ask spread: 0.16430, Last trade: 102.66430, 24 hour volume: 104332.57277571, 24 hour low: 93.55000, 24 hour high: 106.00000, 24 hour vwap: 101.48545 [11:14]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.756 BTC [+] [11:17]
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assbot [BTCTC] [S.DICE-PT] 50 @ 0.0048 = 0.24 BTC [+] [11:27]
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assbot [BTCTC] [BITVPS] 1 @ 0.00637 BTC [+] [11:57]
assbot [MPEX] [S.DICE] 400 @ 0.00400173 = 1.6007 BTC [+] [12:02]
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assbot [MPEX] [S.BBET] [PAID] 50.1472201 BTC to 3`000`000 shares, 1671 satoshi per share [12:08]
mircea_popescu um [12:09]
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mircea_popescu jesus i can't believe i fucked it up again. [12:09]
ColdHardMetal thrown off by the snazzy black background version? [12:12]
mircea_popescu heh [12:13]
Namworld erhm... what was that >.> [12:16]
mircea_popescu me being retarded. [12:16]
Namworld And can that be undone? [12:17]
Namworld Else I'll have to update what I paid on my PT... [12:17]
mircea_popescu yep presently. [12:18]
BingoBoingo_ Have you considered just killing the bot? [12:21]
assbot [MPEX] [S.BBET] [PAID] 15.04416603 BTC to 3`000`000 shares, 501 satoshi per share [12:21]
mircea_popescu there, correct dividend paid out. [12:21]
mircea_popescu BingoBoingo_ which one ? [12:21]
Namworld good [12:21]
BingoBoingo_ MPOE, the bot not the girl [12:21]
mircea_popescu why would i kill the bot ? [12:22]
BingoBoingo_ You need a option making bot more suited to a truly bull market. [12:23]
mircea_popescu haha maybe so [12:24]
BingoBoingo_ I know you must have consider one and suspect you may have already implemented one [12:24]
mircea_popescu nope. [12:24]
BingoBoingo_ And that is why we love you Mircea [12:25]
BingoBoingo_ You might just be too honest for Bitcoin [12:25]
BingoBoingo_ If there is such a thing [12:26]
BingoBoingo_ Due to price inflexibility people who buy bonds denominated in BTC are going to have to become accustomed to losses eventually [12:28]
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ChaangNoi Created at: Apr 11, 2555 BE 2:15 AM [12:38]
ChaangNoi lol my computer is budhists [12:38]
error4733 !last m s.bbet [12:41]
assbot Things which are alike, in nature, grow to look alike, and the speaking stones have lain a long time lookin' at the sun. [12:41]
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mircea_popescu BingoBoingo_ i'm not really sure it works that way [12:43]
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BingoBoingo_ Maybe not, but in OTC I'm about to loosen an LTC miner's asshole under this principle [12:44]
mircea_popescu jhehe cool. [12:45]
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assbot [BTCTC] [BTC-BOND] 1 @ 0.00987 BTC [-] [12:47]
assbot [BTCTC] [BTC-BOND] 1 @ 0.00987 BTC [-] [12:47]
assbot [BTCTC] [BTC-BOND] 1 @ 0.00986 BTC [-] [12:47]
assbot [BTCTC] [BTC-BOND] 7 @ 0.00986 = 0.069 BTC [-] [12:47]
assbot [BTCTC] [BTC-BOND] 1 @ 0.00986 BTC [-] [12:48]
assbot [BTCTC] [BTC-BOND] 40 @ 0.00984 = 0.3936 BTC [-] [12:48]
ChaangNoi lol ltc miners asshole? [12:48]
ChaangNoi i gota go but wish i had context [12:48]
ChaangNoi peace [12:48]
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Schadenfreude anyone else thinking we are in a bubble right now? [12:58]
assbot [MPEX] [S.MPOE] 3770 @ 0.00065928 = 2.4855 BTC [-] [13:04]
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mjr_III hi all [13:06]
assbot [BTCTC] [BTC-BOND] 4 @ 0.01 = 0.04 BTC [+] [13:06]
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makomk malaimo microhxo_ midnightmagic MiningBuddy mircea_popescu mjr_ mjr_III mod6 molecular mpexbot [13:14]
mircea_popescu hi mjr_III [13:14]
mjr_III whats new [13:14]
mjr_III did you see CNBC [13:14]
mircea_popescu nope [13:15]
mjr_III dumbass talking heads [13:15]
assbot [MPEX] [S.MPOE] 1280 @ 0.00065928 = 0.8439 BTC [-] [13:15]
assbot [MPEX] [S.MPOE] 1700 @ 0.00065443 = 1.1125 BTC [-] [13:15]
assbot [MPEX] [S.MPOE] 70 @ 0.00064761 = 0.0453 BTC [-] [13:15]
mjr_III but Maria Bartiromo seemed to enjoy hearing about it [13:16]
mjr_III don't know why I find women who can speak intelligently about finance so damn sexy, but I do [13:16]
BingoBoingo_ mjr_III are you sure those are women, I hear bankers can give a mean blowjob... [13:23]
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mjr_III lol [13:33]
assbot [MPEX] [S.DICE] 2200 @ 0.00374867 = 8.2471 BTC [-] [13:34]
* mjr_III is now known as Josh_Rossi [13:42]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1059 BTC [+] [13:42]
mircea_popescu worrisome pic of the day : http://polimedia.us/dtng/c/src/128250837142.jpg [13:45]
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*hanbot* halloh [13:50]
KRS1 good for leet buttsecks [13:50]
Josh_Rossi that was somewhat worrisome [13:54]
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jurov Bugpowder, is this you? http://www.reddit.com/r/Bitcoin/comments/1bhhjg/any_bitcoin_millionaires_here_on_reddit_if_so/c96s1c4 [13:56]
jurov ^ mpex whale confession [13:56]
Bugpowder nope [13:56]
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jurov if tibby appears, someone send the link to him "ofc, its gypsy trading with himself" [13:57]
assbot [MPEX] [S.MPOE] 3000 @ 0.00064949 = 1.9485 BTC [+] [13:58]
assbot [MPEX] [S.MPOE] 10900 @ 0.00066175 = 7.2131 BTC [+] [13:58]
assbot [MPEX] [S.MPOE] 2407 @ 0.00066487 = 1.6003 BTC [+] [13:58]
jurov but yeah, and 50% feral taxes.. makes whoile thing hard to believe [13:59]
jurov at least it's clear it wasn't written by mircea :DDDD [13:59]
*hanbot* pettext done except for the tradehill, which i'm holding for comment (to me the first paragraph seems like it's coming from an incredibly wounded, take everything personally sorta place...maybe reconsider moar concisely?) [14:00]
Bugpowder certainly is an entertaining read. [14:01]
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Bugpowder well, I woke up to a little mini rally [14:03]
Bugpowder and now its fizzling [14:03]
Bugpowder guess I should go back to sleep [14:03]
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jurov incidentally, i have to go to tax office today to deliver my declaration [14:06]
jurov they still can't get electronic servics right [14:06]
* mjr_ is now known as mjr_home [14:09]
* Josh_Rossi is now known as mjr_ [14:09]
mircea_popescu deposits flushed [14:11]
mircea_popescu "I personally wouldn't touch anything outside of S.DICE, S.MPOE, S.BBET and ASICMINER." [14:13]
mircea_popescu that sounds pretty good. [14:13]
mircea_popescu jurov did you gpg sign it ? [14:14]
jurov what? [14:14]
mircea_popescu your declaration [14:15]
jurov lol... not sure how i'd gpg sign a paper form [14:16]
mjr_ idiots ----> http://www.youtube.com/watch?v=y1POVoi9NPk [14:17]
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Bugpowder Yesterday the big move started at 11:45. The time is now 11:26 [14:26]
mircea_popescu lol [14:27]
mircea_popescu pavlov much ? [14:27]
jurov coinbr deposits/dividends processed [14:29]
mjr_ wish me luck guys, i found a wallet.dat from a year ago :) [14:29]
mircea_popescu gl [14:29]
mjr_ thanks [14:29]
jurov good luck. i recently found very nice stash of ltc likewise :) [14:30]
mjr_ i went through a mining phase a year ago, and i think i have some laying around, but i had redone my computer [14:30]
mjr_ so i decided to dig through and found the wallet.dat, so as soon as its synced i'll dump it and see what i find! exciting [14:30]
assbot [BTCTC] [PAJKA.BOND] 10 @ 0.09 = 0.9 BTC [-] [14:31]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1036 BTC [+] [14:31]
assbot [BTCTC] [PAJKA.BOND] 2 @ 0.1035 = 0.207 BTC [-] [14:31]
jurov you uncover not yet sent transaction to BTCS&T [14:31]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1031 BTC [-] [14:31]
assbot [BTCTC] [PAJKA.BOND] 2 @ 0.1001 = 0.2002 BTC [-] [14:31]
assbot [BTCTC] [PAJKA.BOND] 3 @ 0.1 = 0.3 BTC [-] [14:31]
mircea_popescu hahaha [14:31]
Bugpowder so whats the verdict on litecoin valuation? Did it cross .02 or not? [14:33]
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Bugpowder on btc-e it did not [14:33]
Bugpowder and now it appears the bubble has topped [14:33]
mircea_popescu so far it hasn't neeh ? [14:34]
mircea_popescu that will be one hell of a bet if it fizzles out [14:34]
Bugpowder it crossed on viturex [14:35]
Bugpowder vircurex [14:35]
mircea_popescu has to cross on whatever charts thing for the bet iirc [14:36]
Bugpowder yeah that charts thing has it listed by exchange [14:37]
Bugpowder BTC-e has 97% of the volume [14:38]
* Guest95850 is now known as DeaDTerra [14:38]
Bugpowder so I would imagine thats the right cryptocoincharts chart to use [14:38]
Bugpowder unless u want to roll your own vwap [14:38]
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mircea_popescu ya, i feel a desperate, feverish desire & itch to run ltc vwaps [14:42]
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taub im a wizard [14:47]
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mircea_popescu this is kinda funny [14:55]
mircea_popescu somebody has been putting passwords into mpex' submit field. [14:56]
Bugpowder abracadabra [14:57]
mircea_popescu holy shit [14:57]
mircea_popescu this isn;'t random, this is the strongcoin list. [14:58]
mircea_popescu HEY ANYONE : if you're using same pw on strongcoin and anywhere else - change it now. [14:59]
mircea_popescu i bet someone's trying it in all bitcoin services automatically [14:59]
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taub also [15:07]
taub dont use bitcoi-24 [15:07]
taub strongly advice against it.... [15:07]
taub gonna be a big shitstorm soon [15:07]
pgp taub: why? what do you know? [15:07]
assbot [MPEX] [S.MPOE] 10000 @ 0.00067877 = 6.7877 BTC [+] [15:09]
assbot [MPEX] [S.MPOE] 9000 @ 0.00068141 = 6.1327 BTC [+] [15:09]
assbot [MPEX] [S.DICE] 5000 @ 0.00400172 = 20.0086 BTC [+] [15:09]
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ThickAsThieves litecoin hit .02! [15:14]
assbot [MPEX] [S.DICE] 5097 @ 0.00383136 = 19.5284 BTC [-] [15:16]
Bugpowder ThickAsThieves: where? [15:17]
taub btc-e, in bitcoin terms [15:20]
Bugpowder the thing is, bitcoin on btc-e is $97. so if they are using that value for LTC/BTC ratio, then it kinda inflates the price [15:20]
Bugpowder ha [15:20]
Bugpowder I wonder if THIS is the real reason BTC is cheaper on BTC-E [15:21]
Bugpowder people are selling BTC for LTC there? [15:21]
ThickAsThieves nah, its because there are oodles of fees [15:21]
ThickAsThieves to get your fiat into BTC-e [15:21]
ThickAsThieves i think [15:21]
Bugpowder ;;ticker [15:21]
gribble BTCUSD ticker | Best bid: 106.50003, Best ask: 107.00000, Bid-ask spread: 0.49997, Last trade: 107.00000, 24 hour volume: 106045.53962797, 24 hour low: 95.78142, 24 hour high: 107.12101, 24 hour vwap: 102.58767 [15:21]
thestringpuller Bugpowder: what is the next move? [15:22]
Bugpowder in what? [15:23]
ThickAsThieves buy calls [15:23]
Bugpowder until this trend shows any sign of breaking, calls look good to me [15:23]
assbot [MPEX] [S.MPOE] 15033 @ 0.00068141 = 10.2436 BTC [+] [15:25]
assbot [MPEX] [O.USD.C095T] 25 @ 0.27496741 = 6.8742 BTC [+] [15:27]
Bugpowder noice [15:29]
Bugpowder 107.25 [15:29]
mircea_popescu $vwap oix [15:32]
mpexbot mircea_popescu: ^OIX 1 day: no data 7 day: average: 100.55698248 high: 132.18543466 low: 86.04499804 volume: 9215 btc: 4520.92582997 30 day: no data [15:32]
Bugpowder ;;bids 0 [15:34]
gribble There are currently 35173579 bitcoins demanded at or over 0.0 USD, worth 9785486.7857 USD in total. | Data vintage: 0.0101 seconds [15:34]
ThickAsThieves ;;nethash [15:47]
gribble 63526.0664122 [15:47]
ThickAsThieves ;;estimate [15:47]
gribble Next difficulty estimate | 7697118.20897 based on data since last change | 8874353.54496 based on data for last three days [15:47]
ThickAsThieves ;;bc,stats [15:47]
assbot [BTCTC] [ASICMINER-PT] 6 @ 0.75999 = 4.5599 BTC [+] [15:47]
gribble Current Blocks: 229299 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 524 blocks | Next Difficulty In About: 2 days, 22 hours, 15 minutes, and 25 seconds | Next Difficulty Estimate: 7697118.20897 | Estimated Percent Change: 14.95397 [15:47]
Scrat ;;slap ThickAsThieves [15:47]
* gribble slaps ThickAsThieves with a terror-breathing motorbike [15:47]
* ThickAsThieves takes it like man. [15:47]
assbot [HAVELOCK] [SDICE] 8 @ 0.380001 = 3.04 BTC [+] [15:57]
assbot [HAVELOCK] [SDICE] 2 @ 0.3800003 = 0.76 BTC [-] [15:57]
assbot [HAVELOCK] [SDICE] 9 @ 0.38000002 = 3.42 BTC [-] [15:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.38 BTC [-] [15:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.377 BTC [-] [15:58]
assbot [HAVELOCK] [SDICE] 1 @ 0.371 BTC [-] [15:58]
assbot [HAVELOCK] [SDICE] 2 @ 0.3700001 = 0.74 BTC [-] [15:58]
assbot [HAVELOCK] [SDICE] 8 @ 0.37000001 = 2.96 BTC [-] [15:58]
assbot [HAVELOCK] [SDICE] 8 @ 0.37 = 2.96 BTC [-] [15:58]
assbot [HAVELOCK] [SDICE] 7 @ 0.37 = 2.59 BTC [-] [15:58]
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microhxo Guys, anyone willing to sell 1 bitcoin? [16:10]
microhxo or half a bitcoin? [16:14]
microhxo All the sites are showing empty.. [16:14]
assbot [MPEX] [S.DICE] 200 @ 0.00400173 = 0.8003 BTC [+] [16:14]
mircea_popescu microhxo you know how to use gribble's order book ? [16:15]
microhxo Just got into bitcoins, no idea. Whats the easiest way to buy a bitcoin personally? [16:15]
mircea_popescu http://bitcoin-otc.com/vieworderbook.php [16:15]
mircea_popescu look there. some people are selling. [16:15]
mircea_popescu talk to them. [16:15]
microhxo Thanks [16:15]
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assbot [HAVELOCK] [VTX] 2 @ 0.5671 = 1.1342 BTC [-] [16:20]
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DeaDTerra Btcx.se are looking to loan USD either Bitstamp or Mtgox, as we are all out of float. We are willing to pay 1% in Interest, the money will be paid back sometime this week, as we are waiting on our wire to hit gox. [16:23]
thestringpuller microhxo: didnt we just go through this exercise? [16:24]
microhxo Yea its for another friend [16:25]
microhxo My friend yesterday was able to buy on coinbase. [16:25]
thestringpuller i will sell for moneypak [16:25]
microhxo Now another friend wants to buy on coinbase (I know we discussed they are noobish, but they link bank account immediately) and they aren't available to sell till friday. [16:25]
microhxo How does he setup a moneypak? [16:25]
thestringpuller you go to walmarr [16:26]
thestringpuller walmart and buy it [16:26]
thestringpuller price is gonna increase if these sites like coinbase are having coin shortages [16:28]
assbot [BTCTC] [S.MPOE-PT] 14 @ 0.000675 = 0.0095 BTC [+] [16:29]
thestringpuller wow an mpoe rally [16:29]
thestringpuller !ticker H HIM [16:29]
assbot [HAVELOCK:HIM] 1D: 2.05990000 / 2.0599 / 2.05990000 (2 shares, 4.11980000 BTC), 7D: 1.65000000 / 1.89730359 / 2.08000000 (167 shares, 316.84969996 BTC), 30D: 1.40000000 / 1.78841844 / 2.08000000 (735 shares, 1314.48755265 BTC) [16:29]
microhxo Ok so if he gets the moneypak and gives it to you, you will send to his wallet? He is afraid he might lose out [16:29]
* terryww (~terryww@BSN-142-165-62.dial-up.dsl.siol.net) has joined #bitcoin-assets [16:30]
thestringpuller yes. but smickles is the escrow agent [16:30]
thestringpuller smickles will make sure your friend gets coin [16:30]
thestringpuller also I charge 2% of the spot [16:30]
microhxo nice [16:31]
microhxo I'll see if he can go at lunch and get one. [16:31]
thestringpuller i have up to 1 coin available atm i would prefer to just sell a half coin so I can re-up easier [16:31]
microhxo sure [16:32]
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thestringpuller kay lemme check my accounts real quick [16:32]
thestringpuller hmm if I sell it may come as a loss... :( [16:36]
thestringpuller unless I charge more but I dont want to be senior greedy [16:36]
microhxo lol [16:37]
thestringpuller Is Bitinstant out? [16:37]
microhxo well its ok. It seems we missed the boat. Everyone is buying and its hard to even get in. He can wait till the dust settles and see whats up. [16:37]
microhxo http://www.resellerratings.com/store/BitInstant [16:37]
microhxo seems like they are. [16:37]
microhxo as per recent reviews. [16:37]
thestringpuller bitinstant doesnt even have gox codes? [16:38]
thestringpuller bitinstant is up all reserves up [16:39]
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thestringpuller get coupons for mtgox and trade there [16:39]
* DeaDTerra (~DeaDTerra@226.169.216.81.static.apv.siw.siwnet.net) has joined #bitcoin-assets [16:39]
thestringpuller you ca give cash to wal mart and get mtgox code deposted to your account in like 20 minutes [16:40]
thestringpuller ;;ticker [16:40]
gribble BTCUSD ticker | Best bid: 107.32000, Best ask: 107.88000, Bid-ask spread: 0.56000, Last trade: 107.66900, 24 hour volume: 102970.96829906, 24 hour low: 98.40000, 24 hour high: 108.00000, 24 hour vwap: 102.92464 [16:40]
microhxo Is there some directions on how to get the coupons from walmart? [16:42]
assbot [MPEX] [S.MPOE] 6100 @ 0.00067351 = 4.1084 BTC [-] [16:43]
thestringpuller read the bitinstant faq [16:46]
thestringpuller if their reserves are up they have coin [16:46]
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assbot [MPEX] [S.MPOE] 5000 @ 0.00067536 = 3.3768 BTC [+] [16:54]
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kakobreklaa assbot & co going down for maintenance [17:01]
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mircea_popescu https://bitcointalk.org/index.php?topic=164495.0;all [17:13]
mircea_popescu lmao. coinbase no longer locking quotes. [17:13]
mircea_popescu so vessenes ran out of bitcoin foundation float ? [17:13]
thestringpuller HAHAHAHAHA [17:13]
thestringpuller Wow.... [17:13]
thestringpuller thats funny [17:13]
taub looks like as logn as you hold any crypto you're okay [17:14]
taub litecoin having it's little bubble [17:14]
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mircea_popescu https://b1tm3.wordpress.com/2013/04/01/a-visit-to-mt-gox/ [17:17]
taub and uh yea [17:17]
mircea_popescu idiots blogging, aguide. [17:17]
taub bitcoin-24 doesn't use transactions in it's database [17:17]
taub so [17:17]
mircea_popescu visit to mtgox article illustrated with a low quality outdoor shot, [17:18]
mircea_popescu a stolen image of a law book [17:18]
mircea_popescu and a graph capture. [17:18]
mircea_popescu what i want to know is who replaces brains with pudding. [17:18]
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bitesak ;;ticker [17:21]
gribble BTCUSD ticker | Best bid: 106.92500, Best ask: 106.95253, Bid-ask spread: 0.02753, Last trade: 106.98379, 24 hour volume: 90737.35999842, 24 hour low: 98.70342, 24 hour high: 108.00000, 24 hour vwap: 103.52987 [17:21]
mircea_popescu "10x per month continuously is too much, but S.BBET is probably on a trajectory to surpass S.DICE is markey capitalization eventually for the simple reason that dice are boring while Kim Jung Un and Carlos Beltran are not." [17:29]
mircea_popescu kakobreklaa ^ [17:29]
mircea_popescu you has fans. [17:29]
DeaDTerra Looking to borrow USD on Bitstamp or MtGox more info at https://bitcointalk.org/index.php?topic=164907.msg1722022#msg1722022 [17:34]
thestringpuller mircea_popescu: what hosting does bbet use? [17:34]
mircea_popescu something shitty. why ? [17:34]
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thestringpuller i want hosting i can pay for with my btc revenue [17:36]
thestringpuller but at this point i might as well use rackspace [17:36]
topace_ thestringpuller: we accept btc for all our hosting www.lightbox.org [17:36]
mircea_popescu you do hosting too ? [17:36]
topace_ i do it all, lol [17:36]
bitesak DeadTerra, I guess you mean to Borrow rather than Lend [17:36]
mircea_popescu lol [17:37]
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kakobreklaa cool [17:37]
kakobreklaa well hdd is being replaced [17:37]
topace_ my "real" business is web development and hosting [17:37]
kakobreklaa and im not there [17:37]
kakobreklaa so dunno wtf are they dreaming [17:37]
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thestringpuller mircea_popescu: pm [17:38]
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thestringpuller mircea_popescu: why is the bot not quoting [17:42]
thestringpuller bm [17:42]
thestringpuller nvm [17:42]
mircea_popescu jesus simmer down [17:42]
ThickAsThieves ziggap officially late on their BTCJam loan [17:44]
mircea_popescu that;s promising. [17:45]
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ThickAsThieves sad too, aethero has a very high otc rating [17:46]
ThickAsThieves kinda undemrines it [17:46]
ThickAsThieves undermines* [17:46]
mircea_popescu myea. [17:46]
mircea_popescu the old club is coming apart. [17:46]
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mircea_popescu https://bitcointalk.org/index.php?topic=164772.msg1721424#msg1721424 apparently tradefortress is tyrying to grow tits and generally become mpoe-pr [17:49]
[\] dude, high otc ratings are obsolete [17:51]
[\] its all about gettrust [17:51]
[\] total rating is meaningless [17:51]
[\] if you don't trust the people that have given the high ratings, they mean nothing [17:51]
ZedsterX lol otc are gone and done my friend [17:51]
ZedsterX otc rating get real [17:51]
[\] lol. they aren't and you aren't my friend. [17:51]
ZedsterX ok [17:52]
ThickAsThieves ziggap is an interesting case study also, in that it shows how an issuer can tank its own stock, to buy it back if they want. "oh sorry guys i was just shitty for week, s'all good now!" [17:52]
bitesak ;;ticker [17:52]
gribble BTCUSD ticker | Best bid: 107.48000, Best ask: 107.89800, Bid-ask spread: 0.41800, Last trade: 107.48000, 24 hour volume: 88974.99780378, 24 hour low: 98.70342, 24 hour high: 108.85699, 24 hour vwap: 103.84469 [17:52]
kakobreklaa ThickAsThieves why else do you think bbet is down? [17:53]
ThickAsThieves just go offline for a few days [17:54]
mircea_popescu ZedsterX i use them. that's all. [17:54]
ThickAsThieves you can get it way down [17:54]
ThickAsThieves :) [17:54]
ThickAsThieves "Havent seen kako in like 10min, it's not looking good guys!" [17:54]
mircea_popescu scam. [17:54]
kakobreklaa ping [17:55]
kakobreklaa (keeping my presence) [17:55]
mircea_popescu now you must do this every 6 3/4 seconds [17:55]
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kakobreklaa ping [17:55]
mircea_popescu or else [17:55]
kakobreklaa ooo its dipping [17:56]
kakobreklaa ping [17:56]
mircea_popescu also bitbet is not down [17:56]
mircea_popescu it's alternatively up [17:56]
kakobreklaa ;)) [17:56]
kakobreklaa should be any minute now [17:56]
ThickAsThieves ;;seen kakobreklaa [17:57]
gribble kakobreklaa was last seen in #bitcoin-assets 21 seconds ago: should be any minute now [17:57]
ThickAsThieves phew [17:57]
kakobreklaa ping [17:57]
mircea_popescu guise i think there's something afoot with this bitbet [17:57]
mircea_popescu also some pixels. [17:57]
kakobreklaa :D [17:57]
ThickAsThieves did you close the litecoin bet? [17:57]
mircea_popescu i can load the site but it comes up without the milk in it [17:58]
ThickAsThieves hey it actually is down [17:58]
mircea_popescu FUD [17:58]
ThickAsThieves "It's not just you! http://bitbet.us looks down from here." [17:59]
deadweasel it's not responding to http [17:59]
ThickAsThieves should i use FTP? [18:00]
ThickAsThieves ;;bids 0 [18:01]
gribble There are currently 35042494 bitcoins demanded at or over 0.0 USD, worth 10000908.5754 USD in total. | Data vintage: 0.0104 seconds [18:01]
ThickAsThieves ;;asks 110 [18:01]
gribble There are currently 7494.0481 bitcoins offered at or under 110.0 USD, worth 818197.310859 USD in total. | Data vintage: 9.5767 seconds [18:01]
ThickAsThieves LTC/BTC .0283 [18:03]
deadweasel no shit! i was gonna buy some yesterday. shoulda when it was still .15 [18:04]
deadweasel oops. .015 [18:04]
ThickAsThieves i feel like as soon as i buy it will die [18:05]
ThickAsThieves just mine instead [18:05]
error4733 feel the same since 0.40c$ :/ [18:06]
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kakobreklaa ok we have signal [18:11]
mircea_popescu lies [18:11]
orkaa lies, yep [18:14]
smickles thestringpuller: do you need me to escrow something? [18:14]
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ThickAsThieves ;;seen scamkobreklaa [18:15]
gribble I have not seen scamkobreklaa. [18:15]
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smickles too bad orkaa isn't ~kakobreklaa@188-230-165-22.dynamic.t-2.net, 'cause it would make a tight circle since kakobreklaa is ~orkaa@89-212-41-49.static.t-2.net [18:17]
orkaa slovenia is a small country [18:18]
kakobreklaa aw shut up [18:20]
ThickAsThieves ;;ticker [18:21]
gribble BTCUSD ticker | Best bid: 107.92001, Best ask: 108.45000, Bid-ask spread: 0.52999, Last trade: 108.45000, 24 hour volume: 82915.61103441, 24 hour low: 98.70342, 24 hour high: 108.85699, 24 hour vwap: 103.92838 [18:21]
[\] oops [18:22]
[\] ping [18:22]
smickles pong [18:23]
thestringpuller smickles: do you have time to talk for a minute? [18:23]
thestringpuller via pm [18:23]
[\] uh oh [18:25]
[\] seekrets [18:25]
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mircea_popescu lol [18:28]
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smickles i very much dislike these fucking cloudflare sited [18:34]
thestringpuller ;;ticker [18:36]
gribble BTCUSD ticker | Best bid: 108.22002, Best ask: 108.48800, Bid-ask spread: 0.26798, Last trade: 108.22002, 24 hour volume: 81121.83037847, 24 hour low: 98.76000, 24 hour high: 108.85699, 24 hour vwap: 104.05417 [18:36]
thestringpuller ;;bids 80 [18:37]
gribble There are currently 49646.565 bitcoins demanded at or over 80.0 USD, worth 4622143.08274 USD in total. | Data vintage: 0.0060 seconds [18:37]
gribble There are currently 16644.918 bitcoins offered at or under 120.0 USD, worth 1866881.56113 USD in total. | Data vintage: 8.3149 seconds [18:37]
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thestringpuller ;;market --sell 40000 [18:37]
gribble A market order to sell 40000 bitcoins right now would net 3816457.6631 USD and would take the last price down to 87.1000 USD, resulting in an average price of 95.4114 USD/BTC. | Data vintage: 25.8565 seconds [18:37]
thestringpuller ;;market --sell 50000 [18:37]
gribble A market order to sell 50000 bitcoins right now would net 4650159.1334 USD and would take the last price down to 79.0000 USD, resulting in an average price of 93.0032 USD/BTC. | Data vintage: 33.5197 seconds [18:37]
gribble A market order to sell 100000 bitcoins right now would net 7695564.9021 USD and would take the last price down to 39.4370 USD, resulting in an average price of 76.9556 USD/BTC. | Data vintage: 60.9398 seconds [18:38]
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mircea_popescu smickles werd. [18:39]
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ThickAsThieves .03 ltc/btc [18:45]
ThickAsThieves .031 actually [18:46]
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bitesssak ;;ticker [18:48]
gribble BTCUSD ticker | Best bid: 107.51000, Best ask: 107.99999, Bid-ask spread: 0.48999, Last trade: 107.99999, 24 hour volume: 79640.72953468, 24 hour low: 99.00000, 24 hour high: 108.85699, 24 hour vwap: 104.15616 [18:48]
ThickAsThieves .038 ... [18:49]
deadweasel ! [18:50]
smickles shit's about to happen [18:50]
TomServo Where are you seeing those prices? [18:50]
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TomServo nvm [18:51]
smickles what i saw was volatility dropping for ~20 min then reversing [18:51]
smickles (rather, at least 20 min. i don't really keep it displayed past that) [18:52]
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deadweasel ;;ticker [19:04]
gribble BTCUSD ticker | Best bid: 107.07900, Best ask: 107.08001, Bid-ask spread: 0.00101, Last trade: 107.08001, 24 hour volume: 77482.04306367, 24 hour low: 99.00000, 24 hour high: 108.85699, 24 hour vwap: 104.22204 [19:04]
mircea_popescu Confirmed total: 5,038 BTC [19:08]
mircea_popescu teh bitbets r us~! [19:08]
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assbot [MPEX] [S.MPOE] 1800 @ 0.00067644 = 1.2176 BTC [+] [19:11]
assbot [HAVELOCK] [SDICE] 1 @ 0.4199998 BTC [+] [19:14]
assbot [HAVELOCK] [VTX] 2 @ 0.5669998 = 1.134 BTC [-] [19:15]
assbot [HAVELOCK] [VTX] 1 @ 0.5669998 BTC [-] [19:15]
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ThickAsThieves ;;tslb [19:19]
gribble Time since last block: 3 minutes and 47 seconds [19:19]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.759998 BTC [+] [19:20]
sturles The litecoin price is just silly. It is not beeing developed, isn't used and has 4 times the supply of Bitcoin (and Namecoin). [19:20]
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ThickAsThieves ltc just halved in price in like 10min [19:22]
ThickAsThieves lol [19:23]
ThickAsThieves its a rollercoaster [19:23]
ThickAsThieves how's the quote go? [19:25]
ThickAsThieves nothing stopping an overpriced asset from going up [19:26]
TomServo Hearing people discuss selling BTC for LTC makes me chuckle. [19:27]
ThickAsThieves all of the assets at litecoinglobal have been gutted [19:28]
ThickAsThieves bids are miniscule [19:28]
assbot [HAVELOCK] [KCIM] 1 @ 1.00100011 BTC [-] [19:29]
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bitesak is it now >4$ per ltc? [19:32]
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ThickAsThieves back and forth around there [19:37]
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ThickAsThieves site is buckling [19:37]
ThickAsThieves and down [19:37]
kakobrekla ;;bc,stats [19:41]
kakobrekla blocks are rainign today or something [19:41]
gribble Current Blocks: 229328 | Current Difficulty: 6695826.2825963 | Next Difficulty At Block: 229823 | Next Difficulty In: 495 blocks | Next Difficulty In About: 2 days, 21 hours, 52 minutes, and 56 seconds | Next Difficulty Estimate: 7692540.75813 | Estimated Percent Change: 14.88561 [19:41]
mjr_ sup all [19:41]
kakobrekla lookin at the bbet logs i thought something was broken [19:41]
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kakobrekla but they are just that fast [19:41]
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assbot [BTCTC] [GSDPT] 100 @ 0.0038 = 0.38 BTC [-] [19:42]
mjr_ CNBC just had a story on bitcion for the second day in a row [19:43]
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mjr_ this one was on "Santelli Exchange" and he interviewed the creator of the bitcoin ATM [19:43]
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assbot [BTCTC] [GSDPT] 1 @ 0.0036 BTC [-] [19:45]
assbot [BTCTC] [GSDPT] 1 @ 0.0036 BTC [-] [19:45]
ThickAsThieves cool [19:45]
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ThickAsThieves ;;ticker [20:03]
gribble BTCUSD ticker | Best bid: 107.80017, Best ask: 107.80018, Bid-ask spread: 0.00001, Last trade: 107.80018, 24 hour volume: 74100.21772772, 24 hour low: 99.00000, 24 hour high: 108.85699, 24 hour vwap: 104.44244 [20:04]
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TomServo $vwap oix [20:05]
mpexbot TomServo: ^OIX 1 day: no data 7 day: average: 100.55698248 high: 132.18543466 low: 86.04499804 volume: 9215 btc: 4520.92582997 30 day: no data [20:05]
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jurov logged into vircurex after several months... yup, 300 ltc :P [20:06]
jurov time to crash the market [20:07]
TomServo I found a 10 spot in a old jacket once. [20:07]
ThickAsThieves lol [20:08]
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jurov now i logged on btc-e... found even bigger ltc stash O.o [20:17]
jurov LTC/BTC Bid (U) 0.00101 BTC 500 LTC 0.505 BTC [20:18]
jurov 10:41 04.04.12 [20:18]
jurov lulzy trade hsitory [20:18]
bitesak whatyagonnado? [20:18]
jurov throw them out of helicopter? [20:19]
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assbot [HAVELOCK] [VTX] 2 @ 0.5669998 = 1.134 BTC [-] [20:22]
ThickAsThieves site is barely usable atm [20:23]
jurov btc-e? yes, one has to wait [20:23]
assbot [HAVELOCK] [VTX] 1 @ 0.56699978 BTC [-] [20:25]
assbot [MPEX] [S.MPOE] 7850 @ 0.00067413 = 5.2919 BTC [-] [20:26]
assbot [BTCTC] [MININGCO.ETF] 2 @ 0.639 = 1.278 BTC [-] [20:27]
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jurov btc-e it finally broke.. greeted by clodflare [20:30]
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assbot [BTCTC] [S.DICE-PT] 300 @ 0.00475 = 1.425 BTC [-] [20:36]
ThickAsThieves some big walls at 108 [20:38]
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mjr_ there are a couple really great articles [20:44]
mjr_ the new yorker actually wrote the best article on bitcoin i've seen so far [20:44]
mjr_ http://www.newyorker.com/online/blogs/elements/2013/04/the-future-of-bitcoin.html [20:44]
benkay pellucid [20:46]
benkay leave it to the new yorker [20:46]
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mjr_ i know right [20:47]
mjr_ well written, and very nice [20:47]
mjr_ benkay: i think i came across some of your open source code on github [20:47]
mjr_ don't even think it was bitcoin related either, very cool [20:47]
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assbot [BTCTC] [ASICMINER-PT] 20 @ 0.75 = 15 BTC [-] [20:47]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-] [20:48]
assbot [BTCTC] [ASICMINER-PT] 49 @ 0.737 = 36.113 BTC [-] [20:48]
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Bugpowder_ The 2011 article by them on who Satoshi Nakamoto might be was fascinating. I'm convinced its the Irish dude. [20:51]
Bugpowder_ ;;bids 0 [20:51]
gribble There are currently 31144769 bitcoins demanded at or over 0.0 USD, worth 10530749.2325 USD in total. | Data vintage: 36.4908 seconds [20:51]
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jurov what is everyone doing with the ;;bids 0 ? [20:52]
jurov it's meaningless, no? [20:52]
mjr_ 10 million worth of bids [20:52]
mjr_ but yeah, a bunch of garbage bids [20:52]
Bugpowder_ I think its meaningful [20:53]
mjr_ well, i mean a bunch of people can put bids at $1... [20:53]
Bugpowder_ 10.53 milion in real bids on mtgox [20:53]
Bugpowder_ they are all funded [20:53]
Bugpowder_ its just a proxy for how much cash is sitting on gox [20:53]
mjr_ yes, but may never be even close to filled [20:53]
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mjr_ that makes sense [20:53]
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Bugpowder_ $10.53 million is an all time high [20:54]
mjr_ really? nice [20:54]
Bugpowder_ highest I have seen [20:54]
jurov maybe gox will provide api for queue length, too :D [20:55]
jurov ppl waiting to be confirmed [20:55]
Bugpowder_ that would be another great indicator [20:56]
unbalanced It was in the 6000's last week, anyone have any fresher #s? [20:56]
Bugpowder_ 9600 on reddit today [20:56]
ThickAsThieves ;;nethash [20:56]
gribble 62793.9424031 [20:56]
unbalanced jeebus [20:56]
deadweasel 9600! [20:56]
Bugpowder_ yup [20:56]
mjr_ yep [20:56]
mjr_ i saw that too [20:56]
mjr_ craziness [20:56]
deadweasel get on the fucking train, but wait in line! [20:56]
unbalanced No point in sellin [20:56]
unbalanced yet. [20:56]
mjr_ segments on CNBC two days in a row [20:56]
mjr_ its starting to get weird [20:56]
jborkl_ those are people waiting to get verified by gox? [20:56]
mjr_ everyone is talking about bitcoins [20:57]
Bugpowder_ So the total bids cash number had a big dip prior to the 25% flash crash on March 22nd, thus I consider it a possible indictor of short term direction. [20:57]
jurov freelancer.com dying too, waht is with the internetz???? [20:57]
assbot [BTCTC] [BASIC-MINING] 1 @ 0.3511 BTC [-] [20:57]
ThickAsThieves too much internet on the internet [20:57]
Bugpowder_ 110 is not going to last more than a few hours now [20:58]
Bugpowder_ its getting eaten into WHILE outstanding bid $ is increasing. [20:58]
Bugpowder_ could go any minute now actually [20:58]
BitHub what does that mean? [20:58]
BitHub rage? [20:59]
unbalanced Note: big bubble run-ups *begin* with a lot of media attention. As in, going hyperbolic from *here*. See start of 3rd phase on chart http://people.hofstra.edu/jean-paul_rodrigue/images/bubblesandmanias.gif [20:59]
unbalanced "media attention" [20:59]
assbot [BTCTC] [ASICMINER-PT] 6 @ 0.759999 = 4.56 BTC [+] [20:59]
assbot [BTCTC] [ASICMINER-PT] 36 @ 0.76 = 27.36 BTC [+] [20:59]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [+] [20:59]
assbot [BTCTC] [ASICMINER-PT] 10 @ 0.76999 = 7.6999 BTC [+] [20:59]
ThickAsThieves i think BTC just cant be enslaved to normal rules [20:59]
ThickAsThieves if people keep buying in, the foundation keeps rising [21:00]
assbot [BTCTC] [ASICMINER-PT] 10 @ 0.77 = 7.7 BTC [+] [21:00]
unbalanced I just mean we're not in the actual bubble yet. [21:00]
ThickAsThieves it's a bubble alright [21:00]
ThickAsThieves but could be a HUGE one [21:00]
unbalanced Right. This is still early days. [21:00]
BitHub thickasthieves, agreed [21:00]
BitHub i dont think the world bubble applies to bitcoin tho [21:01]
troc ;;bids 0 [21:01]
gribble There are currently 31144690 bitcoins demanded at or over 0.0 USD, worth 10545333.4115 USD in total. | Data vintage: 27.5381 seconds [21:01]
ThickAsThieves buy your calls now boys :) MP's got this round! :) [21:01]
unbalanced BitHub: I think it will apply - things will get insane before they settle down. [21:02]
jurov i bought last month already xD [21:02]
jurov and got them upgraded [21:02]
BitHub hmmm [21:02]
BitHub for me bubble begins at 1000 [21:02]
unbalanced on it [21:02]
ThickAsThieves the only way current call options go down in price is if $avg goes down for long enough right? [21:02]
ThickAsThieves $avg [21:03]
mpexbot ThickAsThieves: 104.33 [21:03]
assbot [BTCTC] [BTC-BOND] 5 @ 0.0099 = 0.0495 BTC [-] [21:04]
smickles they come down over time [21:04]
assbot [BTCTC] [ASICMINER-PT] 9 @ 0.769 = 6.921 BTC [-] [21:04]
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ThickAsThieves even if price keeps rising? [21:04]
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smickles well, calls rise with the price too [21:04]
assbot [BTCTC] [ASICMINER-PT] 20 @ 0.77 = 15.4 BTC [+] [21:04]
assbot [BTCTC] [ASICMINER-PT] 7 @ 0.77995 = 5.4597 BTC [+] [21:05]
Bugpowder_ depends on the rate of the rise [21:05]
ThickAsThieves ive only seen them go up so far this month [21:06]
ThickAsThieves all 2 days [21:06]
unbalanced It's a Festivus miracle! [21:06]
ThickAsThieves 4 days i guess [21:06]
Bugpowder_ If everything stays steady... Calls at the current strike price will lose about 5% of value per day [21:06]
Bugpowder_ although usually that is back end loaded (faster decay near the end of the period). [21:07]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779998 BTC [+] [21:07]
assbot [BTCTC] [ASICMINER-PT] 10 @ 0.779998 = 7.8 BTC [+] [21:07]
unbalanced I don't think steady will happen this month. [21:07]
ThickAsThieves hasnt been steady since before 50 [21:07]
ThickAsThieves i think [21:07]
mjr_ yeah [21:07]
mjr_ looking at calls for $200 [21:07]
mjr_ for next month [21:08]
Bugpowder_ heheh [21:08]
Bugpowder_ LEVERAGE [21:08]
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ThickAsThieves you can let your options carry over? [21:09]
ThickAsThieves how does that work [21:09]
Bugpowder_ the N's carry over [21:09]
ThickAsThieves ah [21:09]
bitesssak do you mix the 2 Bugpowder T & N? [21:09]
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Bugpowder_ nope, I go front month [21:10]
Bugpowder_ less time premium [21:10]
mjr_ the time decay is huge [21:10]
Bugpowder_ less expensive [21:10]
Bugpowder_ more leverage [21:10]
Bugpowder_ higher risk [21:10]
mjr_ yeah, i agree with bugpowder [21:10]
mjr_ but i was hoping that if you get the highest strike it would not be so much, but still like a $20 option [21:10]
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Bugpowder_ The calls are probably all underpriced, given the trend [21:11]
bitesssak I saw that options of 191 are the same price as 200 [21:11]
Bugpowder_ although one day it will reverse and we will all eat it [21:11]
mjr_ i think the bot may be a bit more careful this month, the spread seems wider [21:11]
bitesssak an hour ago, even those at 182 were the same as 200 [21:11]
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Bugpowder_ If you want max leverage, go for the strike that is 1 strike inside the 'lower limit' price. [21:12]
mjr_ what is the 'lower limit' price? [21:12]
bitesssak for example? [21:12]
Bugpowder_ ie the C188Ts [21:12]
Bugpowder_ the bot has a built in lower limit for what it will sell for, to guard against extreme long tail moves. [21:13]
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bitesssak can you say differently : 1 strike inside the 'lower limit' price [21:13]
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mjr_ what if you sell puts instead? [21:14]
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bitesssak i think i got it [21:14]
bitesssak precisely bugpowder [21:14]
ThickAsThieves but 188 still needs like 198 price to cover [21:14]
ThickAsThieves which could be far away [21:14]
Bugpowder_ max leverage is max risk of total loss of course [21:15]
mjr_ $oix [21:15]
ThickAsThieves i'm confident in price rise, but double in one month is iffy [21:15]
assbot [BTCTC] [BTC-BOND] 1 @ 0.00984 BTC [-] [21:15]
Bugpowder_ but its the only way to get a 15x on your bet [21:15]
mjr_ yeah [21:15]
mjr_ i will settle for 6X [21:16]
smickles gwa, i'm going to have to make an $oix command now [21:16]
smickles too many people keep trying to use it [21:16]
ThickAsThieves ;;ticker [21:17]
gribble BTCUSD ticker | Best bid: 108.76000, Best ask: 108.83000, Bid-ask spread: 0.07000, Last trade: 108.83000, 24 hour volume: 73582.22634863, 24 hour low: 99.00000, 24 hour high: 108.85699, 24 hour vwap: 104.61796 [21:17]
jurov anyone cares to explain mepx to him? http://qz.com/69630/how-to-short-bitcoins-if-you-really-must/ [21:17]
jurov *mpex [21:17]
Bugpowder_ mjr_ selling puts is a little murky [21:17]
jurov or drop coinbr ref link [21:18]
assbot [BTCTC] [BTC-TRADING-PT] 2 @ 0.168 = 0.336 BTC [-] [21:18]
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Bugpowder_ mjr_: because the deposit capital requirements for puts are not precisely reported [21:19]
assbot [HAVELOCK] [SDICE] 5 @ 0.3801 = 1.9005 BTC [-] [21:19]
bitesssak to get 15x your bet with 188T will need a price of ~854? [21:20]
Bugpowder_ If deposit requirements were equal, than you want to short the most expensive puts for max possible gain [21:20]
Bugpowder_ bitesssak: yes but it is POSSIBLE [21:20]
Bugpowder_ impossible with the 150s [21:20]
assbot [HAVELOCK] [SDICE] 5 @ 0.38 = 1.9 BTC [-] [21:20]
Bugpowder_ you can plug the equations into matlab or google docs to figure out your crossover point. Namworld should probably do this, it would make his calculator more useful [21:21]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.186 BTC [+] [21:21]
assbot [BTCTC] [BTC-TRADING-PT] 4 @ 0.1869 = 0.7476 BTC [+] [21:21]
assbot [BTCTC] [BTC-TRADING-PT] 4 @ 0.19 = 0.76 BTC [+] [21:21]
Bugpowder_ mjr_: but deposit requirements increase for puts that are deeper in the money. I haven't yet figured out the optimal play there. [21:21]
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Bugpowder_ I suspect it is still to short the most expensive ones. [21:22]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.2 BTC [+] [21:22]
mjr_ Bugpowder_: yeah thats what i was thinking [21:22]
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ThickAsThieves latest CNBC vid http://video.cnbc.com/gallery/?play=1&video=3000157766 [21:25]
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assbot [HAVELOCK] [SDICE] 20 @ 0.379999 = 7.6 BTC [-] [21:25]
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assbot [BTCTC] [BTC-BOND] 6 @ 0.00983 = 0.059 BTC [-] [21:27]
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DeaDTerra Looking to borrow USD on Bitstamp or MtGox more info at https://bitcointalk.org/index.php?topic=164907 [21:33]
Bugpowder_ again?!? [21:33]
Bugpowder_ oh, still waiting... [21:33]
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ThickAsThieves ;;asks 109.99 [21:36]
gribble There are currently 4766.1097 bitcoins offered at or under 109.99 USD, worth 520053.88321 USD in total. | Data vintage: 30.1631 seconds [21:36]
ThickAsThieves ;;bids 0 [21:36]
gribble There are currently 30933900 bitcoins demanded at or over 0.0 USD, worth 10496396.4646 USD in total. | Data vintage: 40.7205 seconds [21:36]
mjr_ WTF [21:36]
mjr_ oh nvm i thought that was asks [21:37]
ThickAsThieves ;;asks 10000 [21:37]
gribble There are currently 41869.349 bitcoins offered at or under 10000.0 USD, worth 14600578.5014 USD in total. | Data vintage: 77.8940 seconds [21:37]
mjr_ ok still wtf [21:37]
mjr_ it was 10 mil like half hour ago [21:37]
mjr_ the cash at gox is huge right now [21:37]
taub https://www.youtube.com/watch?v=5yiLR4IAByc no sleep makes me feel good [21:38]
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ThickAsThieves hurts my ears [21:38]
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Bugpowder_ pressure keeps building [21:39]
taub i jumped on the litecoin train [21:39]
taub might as well go where the levereage is [21:40]
thestringpuller ;;market --buy 1000 [21:40]
gribble A market order to buy 1000 bitcoins right now would take 108976.2633 USD and would take the last price up to 108.9800 USD, resulting in an average price of 108.9763 USD/BTC. | Data vintage: 0.0001 seconds [21:40]
thestringpuller ;;market --sell 1000 [21:40]
gribble A market order to sell 1000 bitcoins right now would net 108125.4045 USD and would take the last price down to 107.6869 USD, resulting in an average price of 108.1254 USD/BTC. | Data vintage: 10.6214 seconds [21:40]
Bugpowder_ taub: good luck [21:42]
Bugpowder_ people are going to get pounded on that . [21:43]
taub yea, so far made a couple of good trades [21:44]
thestringpuller Bugpowder_: what's the move? still calls? [21:44]
taub positioning myself on the edges [21:44]
Bugpowder_ lol [21:44]
thestringpuller Bugpowder_: is a guru listen to him [21:44]
Bugpowder_ sure why not [21:45]
Bugpowder_ more calls [21:45]
Bugpowder_ I should have bought LTC though [21:45]
taub i looked at buying both calls and puts [21:45]
taub but they cancel out :( [21:45]
Bugpowder_ when goat mentioned it yesterday morning [21:45]
thestringpuller he is like the biggest btc investor ive seen [21:45]
Bugpowder_ there are definitely whales with 10x my bankroll doing options trades [21:45]
taub hits option book was like if you buy both directions you can make profit no matter what direction the price goes [21:45]
Bugpowder_ at least 2 [21:45]
taub as logng as it moves [21:45]
Bugpowder_ taub its called a straddle [21:45]
Bugpowder_ hard when the option price is so freaking high [21:46]
taub yea [21:46]
taub what i figured [21:46]
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taub pretty much cancels itself out [21:46]
Bugpowder_ its basically a bet on INCREASING volatility [21:46]
thestringpuller option prices will decay over time [21:46]
thestringpuller best time to buy is end month [21:46]
Bugpowder_ YEAHHHHH [21:46]
taub ic [21:46]
Bugpowder_ calllllls [21:47]
ThickAsThieves i bought early :/ [21:47]
ThickAsThieves we'll see i guess [21:47]
mjr_ yeah, straddles are expensive in btc [21:47]
taub someonek nows what he uses at the risk free rate of return? [21:47]
taub so i can test stuff n the bs model [21:47]
Bugpowder_ btw - nobody hate me when this shit finally reverses and everyone has calls. [21:47]
ThickAsThieves we already hate you for taking all our bond money remember ;) [21:47]
mjr_ lol [21:48]
Bugpowder_ BOOOOYAH [21:48]
TomServo zoinks scoob [21:48]
Bugpowder_ Now see this. [21:50]
Bugpowder_ bids ;;0 [21:50]
Bugpowder_ ;;bids 0 [21:50]
gribble There are currently 30931480 bitcoins demanded at or over 0.0 USD, worth 10260638.5802 USD in total. | Data vintage: 20.2586 seconds [21:50]
Bugpowder_ someone with 250k got impatient [21:50]
Bugpowder_ pulled his bid and bought to market [21:50]
Bugpowder_ tends to happen at the walls [21:50]
Bugpowder_ because then you don't push the price higher until the wall falls [21:51]
Bugpowder_ as soon as we hit the 108.98 wall, he dropped his bid and ate the wall. [21:51]
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taub there really is no point in other cryptos.. [21:55]
taub is there? [21:55]
taub 51% vul maybe [21:55]
Bugpowder_ hey where did the wall at 112 go? [21:58]
mjr_ lol [21:58]
Bugpowder_ jesus. http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png [21:58]
Bugpowder_ THIN [21:58]
mjr_ they disappear whenever we get close lol [21:58]
saulimus Bugpowder_, where was his bid before? [21:59]
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ThickAsThieves rally time [22:00]
Bugpowder_ saulimus: not sure, wasn't watch closely [22:00]
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taub 115/114 not far [22:00]
Bugpowder_ but the sudden drop in total bid $ coupled with the big market buy strongly suggests it was a single buyer. [22:00]
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assbot [HAVELOCK] [VTX] 4 @ 0.56699 = 2.268 BTC [-] [22:00]
bitesak ;;ticker [22:00]
Bugpowder_ the asks are SO THIN right now [22:00]
gribble BTCUSD ticker | Best bid: 109.80110, Best ask: 110.00000, Bid-ask spread: 0.19890, Last trade: 110.00000, 24 hour volume: 79316.48734208, 24 hour low: 99.00000, 24 hour high: 110.00000, 24 hour vwap: 105.05549 [22:01]
ThickAsThieves 110 consumed [22:01]
ThickAsThieves gulp [22:01]
Bugpowder_ makes me nervous that guy with the wall at 112 is gonna do a market sell of a few thousands coins though.. [22:01]
Bugpowder_ may not happen though [22:01]
taub whats that site where you can do depth playback again? [22:01]
ThickAsThieves 111 [22:01]
taub i was surprised to see that the thinner depth would eat up the heavy walls [22:01]
assbot [HAVELOCK] [HIM] 1 @ 2.044 BTC [-] [22:01]
Bugpowder_ bitcoinity has some depth history [22:01]
dub coinlab.com [22:02]
Bugpowder_ but not enough for this purpose [22:02]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [-] [22:02]
taub ty dub [22:02]
Bugpowder_ coinlab is too smoothed out [22:02]
assbot [HAVELOCK] [VTX] 1 @ 0.56699 BTC [-] [22:02]
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ThickAsThieves ;;bids 0 [22:03]
gribble There are currently 30931488 bitcoins demanded at or over 0.0 USD, worth 10330339.7285 USD in total. | Data vintage: 0.0107 seconds [22:03]
taub nm, i was wrong [22:03]
taub steeper and pointier wins [22:03]
taub http://coinlab.com/liquidity [22:03]
taub okay a wall is steepest of course... questions questions [22:04]
assbot [HAVELOCK] [SDICE] 10 @ 0.381 = 3.81 BTC [+] [22:04]
assbot [HAVELOCK] [SDICE] 4 @ 0.38 = 1.52 BTC [-] [22:04]
assbot [HAVELOCK] [SDICE] 1 @ 0.37 BTC [-] [22:04]
assbot [HAVELOCK] [SDICE] 2 @ 0.3611 = 0.7222 BTC [-] [22:04]
assbot [HAVELOCK] [SDICE] 1 @ 0.3610002 BTC [-] [22:04]
assbot [HAVELOCK] [SDICE] 8 @ 0.36100001 = 2.888 BTC [-] [22:04]
assbot [HAVELOCK] [SDICE] 14 @ 0.361 = 5.054 BTC [-] [22:05]
assbot [HAVELOCK] [SDICE] 6 @ 0.361 = 2.166 BTC [-] [22:05]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779998 BTC [+] [22:05]
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Lyspooner mircea_popescu, add some strikes, quick [22:06]
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ThickAsThieves call options are already 10% more expensive than yesterday [22:08]
ThickAsThieves $avg [22:08]
mpexbot ThickAsThieves: 104.84 [22:08]
taub =O [22:08]
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taub 95eur soon [22:14]
dub lewl [22:14]
kakobrekla ;;bc,convert eur [22:15]
dub mined 95 bytecoin blocks overnight [22:15]
gribble 1 BTC = 111.00000 U.S. dollars = 86.4149475 Euros [22:15]
taub way overbought? [22:15]
taub seems like it [22:15]
taub unless eurusd follows btceur lol [22:15]
jcpham does mpex support litecoin [22:16]
bitesak ;;ticker [22:16]
gribble BTCUSD ticker | Best bid: 110.98903, Best ask: 111.46900, Bid-ask spread: 0.47997, Last trade: 110.00000, 24 hour volume: 79381.21726820, 24 hour low: 99.00000, 24 hour high: 111.50000, 24 hour vwap: 105.18525 [22:16]
assbot [HAVELOCK] [VTX] 4 @ 0.53 = 2.12 BTC [-] [22:17]
guruvan jcpham: nop :( [22:18]
jcpham darn [22:18]
kakobrekla i still dont see a point in ltc [22:19]
kakobrekla beyond pump n dump [22:19]
jcpham i read an article where someone proposed that litecoin was the only bitcoin hedge avaialble [22:19]
ThickAsThieves gives GPU miners a way to make $ [22:19]
jcpham their wording was better and made more sense [22:19]
jcpham but money should flow to litecoin as btc rises [22:20]
kakobrekla 21:20.03 ( ThickAsThieves ) gives GPU miners a way to make $ < - that is just bullshit [22:20]
ThickAsThieves certainly is making me some [22:20]
ThickAsThieves it doesnt have to make sense for it to be true [22:20]
kakobrekla ya well its no good as a reason why ltc is good for [22:21]
jcpham i'm not saying it has any value other than antural hedge against bitcoin [22:21]
jcpham the only hedge [22:21]
dub ppcoin is the new hotness anyway [22:21]
kakobrekla meh hedge [22:21]
dub up 400% or so in 24h [22:21]
jcpham i feel you [22:21]
jcpham i hate using the word [22:21]
jcpham prediction: litecoin always suges with bitcoin [22:22]
jcpham *surges [22:22]
kakobrekla dunno i think ltc price is powered by human stupidity which is infinite [22:22]
ThickAsThieves twas the opposite a few weeks ago [22:22]
kakobrekla maybe i should buy in. [22:22]
Bugpowder_ LTC is a pump and dump. I'm suprised it got so high. Who knows how high it will go, but its gonna be like bitcoin bubble #1. [22:22]
Bugpowder_ kakobrekla: lolol [22:23]
ThickAsThieves yesterday you would have been a fool to buy in, a fool that doubled his money today [22:23]
ThickAsThieves :/ [22:23]
jcpham i'm not disagreeing with the things you are saying [22:23]
saulimus that's how bubbles get started.. [22:23]
jcpham and by all logic it should crash [22:24]
jcpham but I'm thinking the bitcoin bears move to litecoin during a raly [22:24]
saulimus well, bitcoin is still up after 4 years [22:24]
taub dont trade on bitcoin24 [22:24]
jcpham so everytime bitcoin surges excpect the same from litecoin [22:24]
taub if you got cash [22:24]
taub get it the fuck out [22:24]
taub all im gonna say [22:24]
Bugpowder_ whenever someone says that in bitcoinland [22:25]
Bugpowder_ I take their advice [22:25]
Bugpowder_ and usually I save my ass [22:25]
taub theres ar erason the hotwallet is always empty [22:26]
Bugpowder_ surely someone is waiting for 5000 coin transfer to clear on mtgox right now... [22:27]
Bugpowder_ for the next dump [22:27]
assbot [MPEX] [O.USD.C188T] 380 @ 0.05330171 = 20.2546 BTC [22:28]
Bugpowder_ heheh [22:29]
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bitesak ;;ticker [22:31]
taub oO [22:31]
gribble BTCUSD ticker | Best bid: 110.99999, Best ask: 111.55471, Bid-ask spread: 0.55472, Last trade: 111.55471, 24 hour volume: 79769.73383333, 24 hour low: 99.00000, 24 hour high: 111.98000, 24 hour vwap: 105.30564 [22:31]
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assbot [MPEX] [S.MPOE] 9800 @ 0.00067413 = 6.6065 BTC [-] [22:37]
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benkay /join #devops [22:38]
benkay GODDAMNIT [22:38]
bitesak As some of these Call Options are flat in price at the end of the tails, it should be possible to ride much lower calls part of the way and jump onto the higher Calls? [22:42]
Bugpowder_ oh my [22:44]
Bugpowder_ trading options is going to be painful due to the spread [22:44]
bitesak that was easy.... [22:44]
ThickAsThieves 112.48 [22:45]
ThickAsThieves not much resistance [22:45]
ThickAsThieves 113 [22:46]
ThickAsThieves ;;goxlag [22:46]
gribble 46.100693 seconds [22:46]
ThickAsThieves ;;ticker [22:46]
gribble BTCUSD ticker | Best bid: 112.72500, Best ask: 113.00000, Bid-ask spread: 0.27500, Last trade: 113.00000, 24 hour volume: 79840.93897341, 24 hour low: 99.00000, 24 hour high: 111.98000, 24 hour vwap: 105.34531 [22:46]
pgp dear lord.... [22:47]
kakobrekla if goxlag > goxprice = buy [22:48]
pgp lol [22:48]
taub lol [22:48]
ThickAsThieves ;;goxlag [22:48]
gribble 10.92388 seconds [22:48]
ThickAsThieves ;;ticker [22:48]
gribble BTCUSD ticker | Best bid: 112.47500, Best ask: 113.65647, Bid-ask spread: 1.18147, Last trade: 113.39550, 24 hour volume: 79840.93897341, 24 hour low: 99.00000, 24 hour high: 111.98000, 24 hour vwap: 105.34531 [22:48]
ThickAsThieves 120 today? [22:48]
kakobrekla seconds? [22:48]
kakobrekla for sure [22:49]
ThickAsThieves ;;asks 119.99 [22:49]
gribble There are currently 5007.2956 bitcoins offered at or under 119.99 USD, worth 592094.09086 USD in total. | Data vintage: 54.3718 seconds [22:49]
ThickAsThieves love that tastey vintage data [22:49]
jcpham i have txn in my -qt [22:49]
jcpham that isn't showing on blockchain [22:49]
jcpham who wants to explain what is happening [22:49]
assbot [HAVELOCK] [SDICE] 3 @ 0.352 = 1.056 BTC [-] [22:49]
assbot [HAVELOCK] [SDICE] 10 @ 0.351 = 3.51 BTC [-] [22:49]
assbot [HAVELOCK] [SDICE] 28 @ 0.35 = 9.8 BTC [-] [22:49]
pgp it's a fork!!! [22:50]
ThickAsThieves i stopped using the client [22:50]
ThickAsThieves its borked imo [22:50]
jcpham Status: 0/unconfirmed [22:50]
jcpham Date: 2 Apr 2013 06:01 [22:50]
jcpham From: unknown [22:50]
jcpham Credit: 0.27 BTC [22:50]
jcpham Net amount: +0.27 BTC [22:50]
jcpham Transaction ID: 7491ead91045944c7135dc2398a68bdb8b18a1d9806a9abb5d5614d104450fee [22:50]
jcpham wait it's in the future [22:50]
jcpham i'm confused [22:50]
pgp you can schedule txns for the future [22:51]
jcpham i think that is what this is [22:51]
jcpham it's a pool payment from derpbit [22:51]
jcpham it's been sitting in my vlient unconfirmed all day [22:52]
jcpham From should say 1Vayner.... [22:52]
jcpham instead of unknown [22:52]
dub uh dont use deepbit [22:52]
jborkl april 2 six in the am already happened [22:52]
dub derp [22:52]
* toffoo has quit () [22:52]
jcpham i failed over there last week [22:52]
jcpham anyways [22:52]
jcpham i have 8 cons [22:53]
jcpham block count is right [22:53]
jcpham what gives [22:53]
assbot [MPEX] [S.MPOE] 5000 @ 0.00067538 = 3.3769 BTC [+] [22:54]
assbot [MPEX] [S.MPOE] 6918 @ 0.00067539 = 4.6723 BTC [+] [22:54]
assbot [HAVELOCK] [SDICE] 3 @ 0.35 = 1.05 BTC [-] [22:56]
ThickAsThieves ;;nethash [22:56]
gribble 62648.0975541 [22:56]
pgp this should be interesting... not alot of coin between here and 150 [22:57]
ThickAsThieves tired of Chrome telling me i wanna search Clark Howard when i type clark moody [22:58]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [22:58]
dub jcpham: deepbutt has all kinds of broken iirc [22:58]
dub tycho hasn [22:58]
jcpham ic [22:58]
ThickAsThieves chrome has gotten a little too forceful with its replacements [22:58]
dub 't done any maint on it in a long time [22:58]
jcpham i need to update my cgminer configs in the worst way [22:58]
ThickAsThieves 115 [22:59]
ThickAsThieves at this rate i'll be in the money on my options tomorrow [22:59]
ThickAsThieves :/ [23:00]
mjr_ hahaha [23:00]
mjr_ damn, i should have gotten those 188 calls [23:00]
thestringpuller $avg [23:00]
mpexbot thestringpuller: 105.47 [23:00]
thestringpuller cool [23:00]
jborkl jcpham , that transaction number does not look right [23:00]
jborkl id [23:00]
jborkl copy it again [23:01]
jcpham i've copied it a bunch [23:01]
assbot [BTCTC] [BTC-BOND] 1 @ 0.009999 BTC [+] [23:01]
jcpham it isn't right [23:01]
FabianB_ ;;goxlag [23:01]
gribble 199.623015 seconds [23:01]
jcpham Transaction ID: 7491ead91045944c7135dc2398a68bdb8b18a1d9806a9abb5d5614d104450fee [23:01]
bitesak you still can get those 188 calls [23:01]
jcpham notice how I'm copying the full dialoge output [23:01]
assbot [HAVELOCK] [VTX] 2 @ 0.56 = 1.12 BTC [+] [23:01]
jborkl in my client that is showing a invalid transaction id [23:02]
* K3t3r (~chatzilla@cpc9-know13-2-0-cust308.17-2.cable.virginmedia.com) has left #bitcoin-assets [23:02]
jcpham on blockchain it shows the same [23:02]
jcpham blockchain.info [23:02]
jborkl yeah, i looked there also [23:02]
jcpham how can i have an invalid txn [23:02]
jcpham from 9 hours ago [23:03]
jborkl what address was it sent from [23:03]
assbot [MPEX] [O.USD.C107T] 30 @ 0.23047712 = 6.9143 BTC [23:03]
jcpham says unknown [23:03]
jcpham i'm guessing it is a deepbit payment [23:03]
jborkl what address to you get payment to [23:03]
jborkl from derpbit [23:03]
jcpham the amount and address looks like a deepbit payment [23:03]
jborkl put that in blockchain [23:03]
jcpham don't want to share that one [23:03]
jcpham i'll check [23:03]
* farfi (~farfi@77.126.31.62) has joined #bitcoin-assets [23:04]
jcpham but it is the default address or the first address of this wallet [23:04]
jborkl your address used to recive payment [23:04]
jborkl receive [23:04]
jborkl sp [23:04]
assbot [HAVELOCK] [VTX] 1 @ 0.56 BTC [+] [23:04]
jcpham nope it isn't there [23:04]
ThickAsThieves finally a wall at 117 [23:04]
thestringpuller ;;calc (130-107)/130 [23:05]
gribble 0.176923076923 [23:05]
jcpham the txns before that confirmed is there [23:05]
jcpham but not this one [23:05]
thestringpuller these calls wont pay off right now... [23:05]
thestringpuller ;;calc (140-107)/140 [23:05]
gribble 0.235714285714 [23:05]
jborkl hmm, so your address that you use to get payments from deepbit - does not show incoming .27 [23:05]
jcpham not this txn, no [23:06]
jborkl log into deepbit and make sure your address has not been changed [23:06]
jborkl I don't use them so IDK how they do payouts [23:06]
jcpham locked [23:07]
jborkl your account is locked? [23:07]
jcpham impossibru to change my payment address [23:07]
jborkl ah, ok [23:07]
jcpham oic [23:07]
jcpham it shows in the pool payments [23:07]
jcpham i'll bother them, they fucked up [23:07]
jborkl it must not have been sent yet, is the only logical conclusion [23:08]
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mircea_popescu Lyspooner what ?! [23:08]
mircea_popescu ;;ticker [23:08]
gribble BTCUSD ticker | Best bid: 114.10001, Best ask: 114.96000, Bid-ask spread: 0.85999, Last trade: 114.10000, 24 hour volume: 81517.68467091, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 105.78868 [23:08]
mircea_popescu heh. [23:08]
bitesak ;;calc (199-188)/199 [23:08]
gribble 0.0552763819095 [23:08]
Lyspooner you posted not too long ago, mircea_popescu, that these types of monthly gains shouldn't be that surprising if this crazy currency was to become widely accepted [23:09]
mircea_popescu yes well... [23:09]
Lyspooner judging by your lack of 300, 400 and 1000 calls [23:09]
Lyspooner i'm not sure you believe yourself [23:09]
mircea_popescu oh shut up [23:09]
mircea_popescu one naming convention change OPER YEAR is insanity [23:09]
* jurov giggles [23:09]
mjr_ LOL [23:10]
mjr_ i have to admit i started feeling limited by 200 [23:10]
mircea_popescu >.< [23:10]
mircea_popescu i am now the bitcoin laughingstock ;/ [23:10]
mircea_popescu finance win. fml. [23:10]
thestringpuller lol [23:11]
ThickAsThieves lol [23:11]
jurov mircea will crash it. so that options won't need renaming again [23:11]
ThickAsThieves pronly [23:11]
ThickAsThieves probly* [23:11]
mjr_ lol [23:11]
kakobrekla yeah pls dont go to 200 [23:12]
kakobrekla it fuckin up errything [23:12]
ThickAsThieves You guys have about a week to adjust for 500 [23:12]
ThickAsThieves sorry! [23:12]
jborkl it is, this is not productive - climbing this fast [23:12]
jcpham http://ji.gy is an -otc options thingy [23:12]
jborkl it is going to hurt [23:12]
jcpham i can assist you with it though [23:12]
jborkl when it looses a bid [23:12]
jcpham I can't [23:12]
bitesak ;;calc (500-188)/500 [23:12]
gribble 0.624 [23:12]
kakobrekla i switched forex to dBTC like a month ago [23:13]
Lyspooner oh please don't throw me into the briar patch [23:13]
kakobrekla dont wanna switch again [23:13]
kakobrekla just silly. [23:13]
ThickAsThieves ;;goxlag [23:13]
gribble 80.659941 seconds [23:13]
ThickAsThieves ;;ticker [23:13]
gribble BTCUSD ticker | Best bid: 114.64001, Best ask: 114.89000, Bid-ask spread: 0.24999, Last trade: 114.89000, 24 hour volume: 81842.00811465, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 105.82760 [23:13]
kakobrekla o 80 seconds almost buy time [23:13]
kakobrekla need more ddos [23:13]
mjr_ lol at gox...do they think that volume is going to decrease? [23:13]
jurov everyone just use uBTC like i proposed [23:13]
kakobrekla errybody just use dollars [23:13]
ThickAsThieves gox is distracted prepating for litecoin features duh [23:13]
kakobrekla has that been confirmed as not aprils 1st joke [23:14]
jurov 1 USD = 884 uBTC.. such approachable numbers [23:14]
jurov yes apparently [23:14]
kakobrekla for reals?? [23:14]
kakobrekla O_o [23:14]
ThickAsThieves no [23:14]
mjr_ you are f'ing kidding me [23:14]
ThickAsThieves i'm not convinced [23:14]
mjr_ they can't handle bitcoins but want to get litecoins too? [23:14]
ThickAsThieves tux just made some broad statements in IRC [23:15]
ThickAsThieves didnt commit imo [23:15]
kakobrekla mjr_ is how bitcoinland rolls [23:15]
FabianB_ https://data.mtgox.com/api/2/LTCUSD/money/ticker [23:16]
mjr_ its just silly [23:16]
mircea_popescu it fuckin up errything <<< also kittens. [23:16]
ThickAsThieves Fabian your link doesnt say when ltc will be supported [23:16]
FabianB_ yeah, who knows [23:16]
ThickAsThieves gox is just takin a piss [23:17]
mjr_ i hope so [23:17]
mircea_popescu satoshi needs to come back and make the wikileaks statement again [23:17]
mjr_ i think they have stopped caring [23:17]
mircea_popescu except s/wikileaks/*/ [23:17]
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mircea_popescu Dear World, [23:17]
mircea_popescu Please go fuck yourself. Also fix your own problems. [23:17]
mircea_popescu Love, [23:17]
mircea_popescu Satoshi. [23:17]
mjr_ i like the also [23:17]
mircea_popescu ThickAsThieves that's what he does. makes broad statements about how their user support takes 20 minutes [23:18]
mircea_popescu is laughed out of forum. [23:18]
mjr_ hahha [23:18]
* cads (~m@c-24-99-19-61.hsd1.ga.comcast.net) has joined #bitcoin-assets [23:18]
mjr_ 9600 users in queue [23:18]
assbot [MPEX] [S.BBET] 20 @ 0.0007531 = 0.0151 BTC [-] [23:19]
assbot [MPEX] [S.DICE] 189 @ 0.0036201 = 0.6842 BTC [-] [23:19]
assbot [MPEX] [S.MPOE] 150 @ 0.00067413 = 0.1011 BTC [-] [23:19]
ThickAsThieves ;;bids 0 [23:19]
gribble There are currently 30929737 bitcoins demanded at or over 0.0 USD, worth 10172997.2865 USD in total. | Data vintage: 0.0179 seconds [23:19]
ThickAsThieves ;;ticker [23:19]
gribble BTCUSD ticker | Best bid: 113.00001, Best ask: 113.84999, Bid-ask spread: 0.84998, Last trade: 113.84999, 24 hour volume: 82748.77279871, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 105.92395 [23:19]
mircea_popescu mjr_ ya they all joined past 20 minutes [23:19]
assbot [HAVELOCK] [VTX] 2 @ 0.521 = 1.042 BTC [-] [23:19]
assbot [HAVELOCK] [VTX] 1 @ 0.51 BTC [-] [23:19]
* benkay has quit (Quit: benkay) [23:20]
ThickAsThieves https://twitter.com/MtGox/status/319143280157794305 [23:21]
ThickAsThieves ah i found i [23:22]
ThickAsThieves http://pastebin.com/q225BqUQ [23:22]
assbot [HAVELOCK] [VTX] 1 @ 0.51 BTC [-] [23:22]
assbot [HAVELOCK] [VTX] 1 @ 0.51 BTC [-] [23:22]
ThickAsThieves thats the gox chat about ltc [23:23]
ThickAsThieves supposedly [23:23]
jurov lol the ltc client will thrash their server to death [23:23]
jurov it took here several hours to catch afer i last ran it a month ago [23:24]
jurov 100% HDD [23:24]
* beetlebee (4f727cbd@gateway/web/freenode/ip.79.114.124.189) has joined #bitcoin-assets [23:24]
ThickAsThieves they cannot handle the power of ltc trolls [23:24]
jurov lol yes, adding trollbox will be necessary [23:25]
ThickAsThieves ltc is not ltc without the trollbox [23:25]
ThickAsThieves thats the fatal flaw of crypto-trade.com, if it isnt a scam [23:25]
guruvan the trollbox makes me money [23:26]
mircea_popescu well it seems bitbet will have strong april dividends too [23:26]
guruvan aweseom news [23:26]
mircea_popescu some doofus just sent 20 btc trying to leech the ltc bet and made it 4 blocks too late. [23:26]
jcpham hah [23:27]
* Namworld (~Namworld@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets [23:27]
guruvan move it or lose it they say [23:27]
mircea_popescu i am starting to think the education through taxation of the consumer mentality is bitbet's main contribution to btc. [23:27]
kakobrekla lol [23:28]
* Scrat has quit (Ping timeout: 252 seconds) [23:28]
mjr_ i like that "education through taxation" [23:28]
assbot [HAVELOCK] [VTX] 10 @ 0.501 = 5.01 BTC [-] [23:28]
assbot [HAVELOCK] [VTX] 9 @ 0.5 = 4.5 BTC [-] [23:28]
ThickAsThieves i have .0102 in BitBet referall pmts [23:29]
ThickAsThieves referral* [23:29]
thestringpuller mircea_popescu: bitbets main contribution is putting money behimd forecasts [23:29]
mircea_popescu ten bux, buy the gal a new set of stockings [23:29]
mircea_popescu thestringpuller i thought so too originally [23:30]
mircea_popescu but seems at least for now the main thing it does is bitchslap the "i am smarter than the world and also always right" crowd. [23:30]
thestringpuller heh [23:30]
guruvan stupidity taxes are fun ;) [23:30]
ThickAsThieves ;;ticker [23:30]
gribble BTCUSD ticker | Best bid: 112.88001, Best ask: 113.88699, Bid-ask spread: 1.00698, Last trade: 112.88001, 24 hour volume: 83206.91550006, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.00173 [23:30]
mircea_popescu it's a little better than that. [23:31]
ThickAsThieves we hit 100 yesterday right? [23:31]
mircea_popescu bet says whatever 10:100. this dood sees ltc crossing so he knows how the bet resolves [23:31]
mircea_popescu and then he sends whatever btc. [23:31]
mircea_popescu because this is how people behave. [23:31]
* ThickAsThieves created that bet :) [23:32]
ThickAsThieves would be kinda cool to have a Top 10 betters list [23:33]
ThickAsThieves who won the most, who is right the most [23:33]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-] [23:33]
* daybyter has quit (Quit: Konversation terminated!) [23:33]
ThickAsThieves something like that [23:33]
kakobrekla mebbe [23:33]
ThickAsThieves then people can shadow their bets [23:33]
mircea_popescu maybe. tho you know... security implication [23:35]
mircea_popescu maybe dood doesn't want his addy up there. [23:35]
ThickAsThieves thought about that too [23:35]
ThickAsThieves but it already is [23:36]
mircea_popescu i sold 188 calls ? what the fucking fuck. [23:36]
ThickAsThieves or, you could mask digits [23:36]
ThickAsThieves twas me MP [23:36]
mircea_popescu ThickAsThieves well yeah this is kinda true [23:36]
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Schadenfreude What's up with the Taub guy spreading FUD about btc24? Hired by the competition? [23:38]
ThickAsThieves or truthiness? [23:38]
mircea_popescu Schadenfreude what's that ? [23:39]
ThickAsThieves [15:24] dont trade on bitcoin24 [23:40]
ThickAsThieves [15:24] if you got cash [23:40]
ThickAsThieves [15:24] get it the fuck out [23:40]
ThickAsThieves [15:25] all im gonna say [23:40]
Schadenfreude theres ar erason the hotwallet is always empty [23:40]
Schadenfreude yep, it's that [23:40]
taub ugh [23:41]
taub http://www.youtube.com/watch?v=UYPaN_41tv0 proof [23:41]
mircea_popescu jeez what the hell these things popping like 16 yo cherries in rural texas. [23:42]
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* Luke-Jr (~luke-jr@2001:470:5:265:222:4dff:fe50:4c49) has joined #bitcoin-assets [23:43]
mircea_popescu epic. [23:43]
mjr_ ;;asks 120 [23:44]
gribble There are currently 7896.2408 bitcoins offered at or under 120.0 USD, worth 928367.695667 USD in total. | Data vintage: 0.0010 seconds [23:44]
thestringpuller ;;bids 80 [23:45]
gribble There are currently 50005.472 bitcoins demanded at or over 80.0 USD, worth 4712927.36598 USD in total. | Data vintage: 78.9417 seconds [23:45]
ThickAsThieves wow [23:47]
mircea_popescu you know that IS kind of sparse [23:48]
DeaDTerra WTS G.SDICE,G.MPOE,G.BBET, BTCQuick! contact me with offer :) [23:48]
mircea_popescu "Another reason banks need more equity: They tend to have less than they claim" [23:50]
mircea_popescu duh. [23:50]
Schadenfreude Odd, anyone else can verify the btc24 issue? [23:52]
mircea_popescu Schadenfreude it's not the first time i heard this in the past week, but i've never bothered checking. [23:53]
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mircea_popescu bfl is advertising "initial shipping scheduled for the last half of March 2013." lmao [23:53]
mircea_popescu you know those block cuffers must be overrun if there's nobody to even fix advertising times anymore [23:53]
taub well if the glitch is true and i think it is, the exchange is over, someone else wouldve found out and exploited it to hell and back [23:54]
taub as well as the occasional customer that just happesn to suddenly have twice the money [23:55]
ThickAsThieves ;;ticker [23:55]
gribble BTCUSD ticker | Best bid: 112.21000, Best ask: 113.72000, Bid-ask spread: 1.51000, Last trade: 112.21000, 24 hour volume: 84972.01026069, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.18610 [23:55]
Schadenfreude http://deutsche-wirtschafts-nachrichten.de/2013/04/02/usa-und-eu-wollen-bitcoin-an-die-leine-nehmen/ [23:55]
Schadenfreude "USA and EU want to take Bitcoin on a leash" [23:55]
taub central banks and bitcoin lol yea [23:55]
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mircea_popescu Schadenfreude i would call this uninformed crap. [23:56]
ThickAsThieves indeed! [23:56]
mircea_popescu fact of the matter is vast majority of journalism today is done by people who couldn't find a job elsewhere [23:56]
mircea_popescu such as, girls too fat to be waitresses and too stupid to work for the govt. [23:56]
Schadenfreude Basically the european central bank calls btc a ponzi scheme, both USA and EU want to regulate BTC as they feel threatened by it [23:57]
mircea_popescu they do it mostly for free, much like starlets suck producer cock for free. [23:57]
mircea_popescu given all this, it shouldn't surprise they're not capable of reading a text (in this case the finra guidance) and summarize it correctly. [23:57]
taub their only tool to handle bitcoins is criminalization [23:57]
taub thats all they can do [23:57]
* mircea_popescu feels that itch to quote himself again [23:57]
Schadenfreude mircea_popescu: Do you hold any assets in btc24 if I may ask? [23:57]
mircea_popescu http://polimedia.us/trilema/2013/stage-n-bitcoin-exists/ [23:58]
mircea_popescu moldbug still hasn't got his ballsack together to answer incidentally. [23:58]
taub paid content srsly [23:58]
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