Forum logs for 03 Apr 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
mjr_ worth every dime [00:00]
bitesak you have been reading too much again [00:00]
mjr_ has anyone ran the numbers on a gpu compute instance in amazon? [00:01]
mjr_ pretty sure its not worth it, but curious [00:01]
guruvan lotsa people, lotsa times - those are cudas, they're not very efficient for mining BTC [00:01]
mjr_ ah ok [00:01]
mircea_popescu ya cudas [00:01]
mjr_ cuda is the language i believe [00:01]
guruvan (though, I haven't run the numbers @ current diff & exchange rate) [00:01]
mjr_ are they the tesla's? [00:02]
guruvan (either way it's all nvidia IIRC) [00:02]
mircea_popescu they're the small dinky shits basically. [00:02]
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mjr_ cuz tesla's are dope (except for mining) [00:02]
mircea_popescu haha [00:02]
mjr_ for science though, they are awesome [00:02]
mircea_popescu https://bitcointalk.org/index.php?topic=164143.msg1722510#msg1722510 lmao [00:02]
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mjr_ 1 teraflop at your workstation...that is kinda sick you have to admit (unless you want to mine) [00:03]
guruvan proper sentence construction is pretty lost on most people too [00:03]
guruvan I just can't imagine mining with my workstation - I want a computer not a heater. [00:04]
dub anyone know where friedcat is? [00:04]
ThickAsThieves china? [00:05]
dub as in, where in china [00:05]
dub thinking of offering to build a network for him [00:05]
mjr_ tesla's aren't that hot...and even the avalon was not running crazy hot last time i sat next to it [00:05]
mjr_ but it is pretty cold in nyc anyway [00:05]
mircea_popescu guruvan some people live in like alaska [00:06]
mircea_popescu and frigid marriages [00:06]
mircea_popescu dub i thought beijing [00:06]
mjr_ is mpoe-pr in romania? [00:06]
guruvan oh - well...here in Northern California I have heated my home with monitors....but it's almost summer...even in Alaska [00:06]
jurov have frigid marriage? mine btc! [00:06]
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guruvan tell the woman: put the box on the box, and we'll get something going [00:07]
mircea_popescu mjr_ of and on [00:07]
mjr_ gotta run to the bar ;) see ya'll in a little bit [00:07]
jcpham if i change jobs i plan to leave my miners in the datacenter where they are until someone notices them [00:07]
* guruvan sips his beer [00:07]
mircea_popescu guruvan in the immortal words of don rickles, "woman, get started, i'll go get the paper" [00:07]
guruvan LOL [00:07]
mircea_popescu i think that guy is my favourite comedian all time [00:08]
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mircea_popescu tho a hard match with carlin [00:08]
guruvan definitely in my top few [00:08]
mircea_popescu he's like "dean, don't worry, we'll tell you what happened tomorrow" [00:08]
dub jcpham: I've seen a few servers under floor tiles, even one behind drywall [00:08]
jcpham nice [00:09]
mircea_popescu dub embedded processing [00:09]
jcpham i like mine in racks [00:09]
mircea_popescu racks are nice [00:09]
jcpham with the A/C blowing directly on them [00:09]
guruvan under the floor is more secure [00:09]
jcpham while they hash away for months [00:09]
jcpham i might be able to keep them running 6 more months before anyone notices [00:09]
mircea_popescu http://24.media.tumblr.com/tumblr_llkdffSxb11qd8atyo1_500.jpg [00:09]
mircea_popescu illustrative pic related. [00:10]
guruvan dude - me & my brother had a server in a DC that we sold to a customer.....for almost 10yrs [00:10]
jcpham epic boobs [00:10]
jurov ;;ticker [00:10]
gribble BTCUSD ticker | Best bid: 114.62001, Best ask: 115.00000, Bid-ask spread: 0.37999, Last trade: 114.62001, 24 hour volume: 85321.94868801, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.38840 [00:10]
mircea_popescu jcpham that's what i call a rack [00:10]
jcpham epic. [00:10]
mircea_popescu and yes it gets better if ac is blowing directly on it [00:10]
jcpham definitely has back pain [00:10]
mircea_popescu pain is good for womenz [00:11]
mircea_popescu builds character. [00:11]
guruvan that's why high heels [00:11]
taub too cartoonish [00:11]
mircea_popescu totally. [00:12]
jcpham http://naukas.com/2013/04/02/la-fiebre-de-los-bitcoins/ [00:12]
jcpham en espanol if you speak it [00:13]
jcpham Arthur sends some bitcoins [00:13]
dub link to esperanto ver plox [00:13]
jcpham lojban [00:13]
mircea_popescu i actually do speak it, but i didn't get past the pagesized bicoin pic with a watermark on it [00:14]
Bugpowder_ "I guess that's what they call a liquidity rebate" lol [00:14]
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assbot [BTCTC] [LTC-MINING] 1 @ 0.36 BTC [+] [00:18]
mircea_popescu "I just verified my Coinbase account and am hoping to buy bitcoins in less than 3-4 weeks (which has been the case with Bitinstant lately)" [00:21]
mircea_popescu fucking joke. [00:22]
mircea_popescu these people going about pretending like they're doing business, are entrepreneurs, [00:22]
mircea_popescu trying to scam va's out of financing... [00:22]
mircea_popescu it boggles the mind. [00:22]
Bugpowder_ that's what happens when there are more angels than talent [00:23]
mircea_popescu which is the problem of too much money. of course. [00:23]
Bugpowder_ shades of 1998 [00:23]
mircea_popescu i need a larger fly swatter. [00:24]
mircea_popescu https://bitcointalk.org/index.php?topic=164867.msg1722538#msg1722538 lol [00:24]
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bitesak bitcoin-central.net update [00:27]
mircea_popescu a ty [00:28]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.24 BTC [+] [00:30]
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ThickAsThieves how long til 120 you think? [00:33]
ThickAsThieves i give it 8 hours tops [00:33]
guruvan couple hourse [00:33]
bitesak one night sleep [00:33]
mircea_popescu heh [00:33]
ThickAsThieves ;;bc,stats [00:33]
gribble Current Blocks: 229365 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 458 blocks | Next Difficulty In About: 2 days, 14 hours, 48 minutes, and 41 seconds | Next Difficulty Estimate: 7713534.00467 | Estimated Percent Change: 15.19914 [00:33]
guruvan fuck - at this rate I wouldn't be surprised to wake up to $200 BTC and $20 LTC [00:33]
mircea_popescu get out [00:34]
mircea_popescu btc pls stop trolling my options [00:34]
ThickAsThieves mp, what amount of loss on options would you have to take before you changed how it works? [00:34]
ThickAsThieves lol, srsly tho [00:34]
mircea_popescu a lot. [00:35]
jcpham http://www.runtogold.com/2013/04/why-michael-pento-should-just-keep-his-mouth-shut/ [00:35]
ThickAsThieves wtf is an internet? [00:36]
mircea_popescu what's a pento [00:36]
ThickAsThieves sounds portuguese [00:36]
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ThickAsThieves lol [00:37]
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ThickAsThieves guess what it is [00:37]
ThickAsThieves it's Italian for "regret" [00:37]
mircea_popescu that article sucks. [00:37]
ThickAsThieves http://translate.google.com/#it/en/pento [00:38]
ThickAsThieves how sweet is that [00:38]
Lyspooner that cnbc interview was fantastic IMO [00:38]
Lyspooner good television [00:38]
mircea_popescu Lyspooner stop trolling! [00:38]
ThickAsThieves lol [00:38]
Lyspooner they did another interview one day later [00:39]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7791 BTC [-] [00:39]
Lyspooner so tell me the people weren't intrigued [00:39]
ThickAsThieves mp i have deposits waiting to buy more optionssssss [00:39]
jcpham pento is the guy that asked his it dept about bitcoin [00:39]
Bugpowder_ 120 is tomorrow [00:39]
jcpham he desperately needs a meme [00:39]
ThickAsThieves the expensify guy looked like someone just sat on his dinner the whole time [00:39]
jcpham pento's it department said "stay outa bitcoin" so he is [00:40]
Lyspooner 75% of people who saw that interview wanted to see the expensify guy take on the bankers [00:40]
mircea_popescu im surprised they didn;'t invite taaki [00:40]
jcpham he's smart [00:40]
mircea_popescu jcpham totally. i also use my it dept for strategic management. [00:40]
ThickAsThieves IT dept was probly like "dude, fuck Mike, tell him lies" [00:40]
jcpham users who listen to their it department make me happy [00:40]
mircea_popescu this is why i'm so happy with bitcoin dev role confusion. [00:40]
jcpham i mean with people saying stuff like that on tv.... [00:41]
jcpham how can i beieve them [00:41]
mircea_popescu because your water is sufficiently fluoridated ? i dunno. [00:41]
jcpham "i really like where gold is headed, but my aunt said i shouldn't because she likes the color of silver" [00:41]
ThickAsThieves $avg [00:41]
mpexbot ThickAsThieves: 106.31 [00:41]
mircea_popescu $auntball [00:42]
Lyspooner mircea_popescu... any plans to base your options on a bitcoin index composed of anything other than mtgox [00:42]
jcpham i'd like to see data pulled from 3 exchanges at least [00:42]
mircea_popescu Lyspooner they've for the ~year and a half been based on the all-exchanges index [00:42]
jcpham bitfloor of course because you can sell coins for anything at bitfloor [00:42]
Lyspooner oh nice [00:42]
jcpham mtgox for vloume [00:42]
Lyspooner is there an index [00:42]
jcpham maybe btc-e for scamcoins [00:42]
mircea_popescu http://bitcoincharts.com/markets/currencies/ [00:43]
mircea_popescu 106.31 92.79 62.64 [00:43]
mircea_popescu holy sheit. [00:43]
jcpham watch as AUD rockets past USD [00:43]
jcpham yuan: the new global reserve [00:43]
mircea_popescu herpderp ThickAsThieves what deposits you on about ? [00:43]
mircea_popescu "Helixion's announces expansive new mobile payment platform" [00:44]
mircea_popescu yeah, there's space for another one. [00:44]
Lyspooner sorry, how does bitcoincharts weight their index [00:44]
mircea_popescu Lyspooner all-exchanges vwap. [00:44]
mircea_popescu http://bitcoincharts.com/markets/ [00:44]
mircea_popescu that's the exchanges list [00:44]
bitesak ;;ticker [00:45]
gribble BTCUSD ticker | Best bid: 114.18999, Best ask: 115.00000, Bid-ask spread: 0.81001, Last trade: 114.18999, 24 hour volume: 85389.54904890, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.52455 [00:45]
Bugpowder_ The bullshit in the startup space is certainly not limited to bitcoin, I'm not even sure that bitcoin startups are particularly incompetent next to their peers [00:45]
mircea_popescu Bugpowder_ it stands out a lot tho. [00:45]
Lyspooner that leaves your options prone to volume-inducing wash trading at the smaller exchanges [00:45]
mircea_popescu because in general they bnullshit about less clearly defined things [00:45]
mircea_popescu bitcoin is very complex and very well known to a core [00:45]
Bugpowder_ yah the media attention is totally disproportionate [00:45]
mircea_popescu making their bullshit painfully obvious and easy to pinpoint [00:45]
ThickAsThieves mp, i mean to my coinbr, maybe just waiting for jurov [00:45]
mircea_popescu Lyspooner i've failed to measure such an effect so far. [00:46]
mircea_popescu ThickAsThieves well then ping him lol [00:46]
Lyspooner you are still prone [00:46]
ThickAsThieves probly stil confirmsing nvm [00:46]
mircea_popescu i'm gonna be prone to something. [00:46]
ThickAsThieves sry [00:46]
mircea_popescu da fuck am i gonna do. [00:46]
Lyspooner change the index [00:46]
mircea_popescu to what ? [00:47]
mircea_popescu mtgox only ? [00:47]
mircea_popescu they probably wash as much as anyone else. [00:47]
Lyspooner their wash trading must be done close to market [00:47]
Lyspooner something like RockUSD doesn't [00:47]
mircea_popescu this is debatable. [00:47]
Bugpowder_ its volume weighted [00:47]
mircea_popescu moreover, a small exchange washing would stick out like a motherfuckingsore tumb [00:47]
Lyspooner but what recourse do your options contract have if someone trades 500,000,000 BTC at Rock Exchange at a price of 4500 USD/BTC [00:48]
mircea_popescu 0.0 [00:48]
assbot [MPEX] [S.MPOE] 6200 @ 0.00067538 = 4.1874 BTC [+] [00:48]
assbot [MPEX] [S.MPOE] 7655 @ 0.00067539 = 5.1701 BTC [+] [00:48]
mircea_popescu i'm probably striking any deals and banning involved accounts. [00:48]
Lyspooner granted, the trades are bogus, but your contracts pretty much are based off of that bitcoincharts figure [00:48]
dub heh I has $3000 worth of ppcoin [00:49]
mircea_popescu dub buy yourself drugz nao! [00:49]
KRS1 must suck to have all that money [00:50]
jborkl base your price of btc/coke gram on SR [00:50]
KRS1 i mean..i don't know what i'd do.. [00:50]
ThickAsThieves can mine like $20/day with one GPU for litecoin at the moment [00:50]
dub what hashrate? [00:51]
ThickAsThieves 650 or so [00:51]
ThickAsThieves i'm actually putting about 9000 online this week [00:51]
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assbot [HAVELOCK] [SDICE] 7 @ 0.35100002 = 2.457 BTC [+] [00:52]
GoMaD GordonG3kko gribble Grishnakh_ grubles Guest3893 guruvan gwillen [00:52]
assbot [HAVELOCK] [SDICE] 6 @ 0.35100001 = 2.106 BTC [-] [00:52]
mircea_popescu KRS1 good problem to have. [00:52]
KRS1 =D [00:53]
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KRS1 I'd love to know what opportunity would bring such glee to a formal event http://s3-ec.buzzfed.com/static/enhanced/web05/2012/7/16/0/enhanced-buzz-10105-1342413332-10.jpg [00:56]
mircea_popescu buttseks and only buttseksz [00:57]
KRS1 with leg warmers, no doubt. [00:57]
dub cant have legwarmers without buttsex [00:58]
mircea_popescu the weirdo looks quite fuckable, form a female perspective [00:58]
jborkl Latest News: RBC Closing, Cash Processing and EMT Changes [00:58]
jborkl cavirtex [00:58]
ThickAsThieves ? [00:59]
mircea_popescu so they losrt a processor ? [00:59]
mircea_popescu or they lost their only processor ? [00:59]
jborkl Cavirtex RBC account is being closed, not by their choice [00:59]
mircea_popescu i get that. do they have others ? [01:00]
mircea_popescu !ticker h vix [01:00]
assbot Some are born to endless night. [01:00]
jborkl Yes they do [01:00]
mircea_popescu what was it called ? [01:00]
ThickAsThieves 1. Our Royal Bank account will be closing on April 5, 2013. Cash payments will no longer be accepted at any RBC branch after April 5, 2013. You may still make cash payments to BMO and Scotiabank. 2. As a result of the closure of RBC, email money transfer fees will be raised from $10 to $20 starting April 5, 2013. We advise all customers to use the direct deposit method to withdraw CAD [01:00]
ThickAsThieves from their VirtEx account. Unverified users can use direct deposit to withdraw up to $5000 per day and $10,000 per month. 3. We are no longer processing RUSH cash payments, instead, we are increasing the number of times we process cash each day. Cash payments will be processed at 9AM, 2PM, 4PM and 8PM (MST). [01:00]
mircea_popescu !ticker havelock vix [01:00]
assbot I don't know those people, and they don't look very friendly. [01:00]
ThickAsThieves vtx [01:00]
mircea_popescu am i halucinating ? [01:01]
mircea_popescu a ty [01:01]
mircea_popescu !ticker h vtx [01:01]
assbot [HAVELOCK:VTX] 1D: 0.50000000 / 0.5523632 / 0.57499999 (154 shares, 85.06393228 BTC), 7D: 0.41200000 / 0.53694063 / 0.70000000 (1453 shares, 780.17474209 BTC), 30D: 0.38280000 / 0.43456538 / 0.79900000 (12672 shares, 5506.81254553 BTC) [01:01]
jborkl Tangiblecryptography went hrough this with BOA [01:01]
jborkl through [01:01]
mircea_popescu yea [01:01]
Bugpowder_ anticompetitive practice [01:02]
mircea_popescu welcome to the govt sponsored banking enterprise [01:02]
assbot [HAVELOCK] [SDICE] 1 @ 0.39879999 BTC [+] [01:02]
jborkl Gerald from TC seems like a good guy, wish he would list with you MP [01:03]
mircea_popescu i kinda like him too. [01:03]
Bugpowder_ TC is fantastic [01:03]
Bugpowder_ easiest in and out of bitcoin [01:03]
assbot [HAVELOCK] [SDICE] 2 @ 0.3988 = 0.7976 BTC [+] [01:03]
mircea_popescu i think he's loath to take the btc pill tho [01:03]
mircea_popescu or maybe has fiat investors [01:04]
Bugpowder_ feel sorry for all the competent noobs that can't get a bitcoins direct account [01:04]
jborkl I know he has fiat investors, but he and Death and Taxes are very good [01:04]
Bugpowder_ No reason he can't just bootstrap his company with his revenue [01:04]
Bugpowder_ why take investors if you don't have to? [01:04]
mircea_popescu jborkl afaik gerald = d&t neh ? [01:05]
Bugpowder_ its a pretty low overhead operation I imagine [01:05]
jborkl oh, you know I am not sure [01:05]
jborkl I know him by Gerald [01:05]
assbot [HAVELOCK] [SDICE] 2 @ 0.398888 = 0.7978 BTC [+] [01:05]
assbot [HAVELOCK] [SDICE] 7 @ 0.398888 = 2.7922 BTC [+] [01:05]
jborkl I always thought of them as two people, they act different [01:05]
mircea_popescu Bugpowder_ too late by now i think [01:06]
jborkl reminds me I need to send him a email, don't delete my key [01:06]
mircea_popescu ya i like he's like the ONLY ONE with enough sense to copy the mpex model [01:07]
mircea_popescu how hard can it be seriously [01:07]
mircea_popescu jborkl send him an email "don't delete my key and list with mpex" lol [01:10]
jborkl I just did [01:10]
jurov coinbr deposits credited (at least for ppl who did pay the txfee) [01:12]
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jborkl I told him if he listed he could drink umbrella drinks in Costa Rica [01:14]
mircea_popescu haha how's that work ? [01:15]
jborkl II think that would be a huge IPO, they are not a bunch of idiots like all the other exchanges [01:17]
jborkl he also actually answers support email within a very reasonable time [01:17]
mircea_popescu methinks you're right. [01:17]
Bugpowder_ I would invest. [01:18]
jborkl You remember when the dumbass sent money direct from TG to his criminal attorney [01:18]
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jborkl caused a bunch of problems for TG, that is when they locked keys to only past customers [01:19]
mircea_popescu no ? [01:20]
mircea_popescu i missed out on this one [01:20]
jborkl Some dipshit sold Bitcoins to TG and wire instructions were to dumbass criminal attorney [01:20]
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jborkl attorney got wire tranfer from TG , with acct number and routing number - attorney was not a happy camper - [01:21]
jborkl Then TG locked keys to only past customers [01:22]
Diablo-D3 wtf? [01:22]
Diablo-D3 who is tg? [01:22]
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jborkl TC, sorry [01:23]
mircea_popescu o yea yea i recall [01:24]
mircea_popescu like a year ago tho [01:24]
mircea_popescu was "how do you have my bank number SCAMMOR" [01:25]
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ThickAsThieves jurov, how come the orderbook zeroes out all the time in coinbr [01:28]
ThickAsThieves can only handle like 1 change then it glitches [01:28]
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jurov some javascript weirdness. can you open js console if there's anything? [01:29]
ThickAsThieves all i see is [01:31]
ThickAsThieves GET https://coinbr.com/css/tooltips.css 404 (Not Found) [01:31]
ThickAsThieves it shows zeroes only when i load a book i already loaded before [01:31]
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bitesak i refresh it once or twice and it generally comes back [01:32]
ThickAsThieves yeah if i reload it works again [01:33]
ThickAsThieves til it doesnt [01:33]
jurov hmmm... now i see... if you change Item many times [01:33]
ThickAsThieves i can be a lil spastic after all [01:34]
jurov ahhhh seems it is dividing the prices by SATOSHI multiple times, thereby all end up zero [01:34]
ThickAsThieves $avg [01:35]
mpexbot ThickAsThieves: 106.64 [01:35]
ThickAsThieves ;;ticker [01:35]
gribble BTCUSD ticker | Best bid: 114.50200, Best ask: 115.00001, Bid-ask spread: 0.49801, Last trade: 115.00001, 24 hour volume: 83365.50875871, 24 hour low: 99.00000, 24 hour high: 116.00000, 24 hour vwap: 106.82873 [01:35]
KRS1 wow..its like..i have to rub my eyes reading this daily [01:36]
KRS1 just to make sure i dont misplace the decimal or something. [01:36]
ThickAsThieves check out that sexy curve http://bitcoincharts.com/charts/mtgoxUSD#rg180ztgSzm1g10zm2g25zi1gADXzv [01:37]
KRS1 my friend had been mining litecoin for the past 8 mo or so and had no idea what the price was..I told him and later he called me back to tell me he had $7000 in his acct. [01:37]
ThickAsThieves surprised it wasnt more [01:37]
jurov someone draw goat on it [01:37]
KRS1 ya we're just small fish [01:37]
assbot [HAVELOCK] [SDICE] 5 @ 0.4000001 = 2 BTC [+] [01:37]
assbot [HAVELOCK] [SDICE] 4 @ 0.4000001 = 1.6 BTC [+] [01:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7791 BTC [-] [01:41]
ThickAsThieves for the past two months, the longest string of green candle days is 8, red candles is 2 [01:41]
assbot [HAVELOCK] [SDICE] 14 @ 0.4 = 5.6 BTC [-] [01:43]
assbot [MPEX] [O.USD.C125T] 300 @ 0.16637225 = 49.9117 BTC [01:44]
assbot [MPEX] [S.MPOE] 5000 @ 0.00067987 = 3.3994 BTC [+] [01:45]
assbot [MPEX] [O.USD.C104T] 50 @ 0.24944674 = 12.4723 BTC [+] [01:46]
assbot [MPEX] [O.USD.C110T] 40 @ 0.22197582 = 8.879 BTC [01:47]
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thestringpuller all these calls early on [01:52]
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ThickAsThieves means? [01:53]
thestringpuller mircea_popescu is gonna manipulate the market again [01:54]
KRS1 when can we expect a turn or plateu here? [01:54]
KRS1 any guesses [01:54]
thestringpuller 130ih [01:54]
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thestringpuller 130ish [01:54]
thestringpuller $vwap [01:54]
mpexbot thestringpuller: http://pastebin.com/raw.php?i=WsXus04h [01:54]
ThickAsThieves $avg [01:55]
mpexbot ThickAsThieves: 106.70 [01:55]
thestringpuller !ticker m ^OIX [01:55]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 86.04499804 / 102.57873909 / 136.28053963 (10015 shares, 4,619.36 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [01:55]
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ThickAsThieves those calls need more like 145 [01:56]
ThickAsThieves 140 [01:56]
ThickAsThieves ish [01:56]
assbot [MPEX] [S.DICE] 2735 @ 0.00400173 = 10.9447 BTC [+] [01:56]
assbot [BTCTC] [S.DICE-PT] 4 @ 0.0048 = 0.0192 BTC [+] [01:56]
ThickAsThieves i dunno, i think 145 isnt too far... [01:57]
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dub ;;goxlag --au [02:01]
gribble MtGox lag is 20.507841 seconds. During this time, light travels 0.0410974837468 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU [02:01]
mjr_ wow that is amazing [02:03]
mjr_ i did not know about the au option [02:03]
dub its new [02:03]
KRS1 sup mjr [02:04]
dub or at least recently upgraded [02:04]
mjr_ chilling chilling [02:04]
KRS1 word [02:04]
mjr_ had some really good meetings today [02:04]
KRS1 =D [02:04]
KRS1 thats gold when you have management buy-in [02:04]
mircea_popescu ahahaha nanotube [02:05]
nanotube mircea_popescu: :) [02:07]
assbot [BTCTC] [S.DICE-PT] 5 @ 0.0048 = 0.024 BTC [+] [02:07]
nanotube mircea_popescu: i've got all the planets and other major solar system features all set out, too. [02:07]
mircea_popescu i had no idea the sun is so fat [02:08]
mircea_popescu that light takes 20 seconds to go through it. [02:08]
jurov hope we won't reach Eris/Dysnomia someday [02:08]
mircea_popescu are you sure on the math of that ? [02:08]
Bugpowder_ OMG [02:09]
Bugpowder_ hilarous [02:09]
jurov light actually goes millions of years through it [02:09]
jurov cuz it's so hot and dense in th emiddle [02:09]
Bugpowder_ takes about 8 minutes for light to make it to earth [02:10]
assbot [BTCTC] [S.MPOE-PT] 6 @ 0.000698 = 0.0042 BTC [+] [02:10]
Bugpowder_ I have seen it over 1 AU [02:10]
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assbot [MPEX] [S.MPOE] 745 @ 0.00067888 = 0.5058 BTC [-] [02:11]
assbot [MPEX] [S.MPOE] 1300 @ 0.00067413 = 0.8764 BTC [-] [02:11]
assbot [MPEX] [S.MPOE] 5000 @ 0.00067362 = 3.3681 BTC [-] [02:11]
assbot [MPEX] [S.MPOE] 1455 @ 0.00067351 = 0.98 BTC [-] [02:11]
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nanotube mircea_popescu: heh actually, i should double check that. [02:13]
pgp the sun is opaque to light. Photons do not traverse it below the photosphere... [02:13]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [-] [02:14]
mircea_popescu well in a vacuum :p [02:14]
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* jurov going to sell again few btcs till tomorrow for daily bread... and some perks [02:15]
jurov what price should i set on bitstamp overnight? [02:16]
jurov let's shoot for 117 [02:16]
pgp lol [02:17]
bitesak long distance shooting [02:18]
kakobrekla nah [02:18]
kakobrekla http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected [02:18]
kakobrekla if 15 holds on gox [02:18]
kakobrekla 17 will go [02:18]
Bugpowder_ 119.95 [02:19]
dub thefuck ppc @ 0.00094989 [02:19]
Bugpowder_ to sell? [02:19]
jurov okay. i'll prolly go half 117, half 119.95 [02:19]
mircea_popescu do like coinbase [02:20]
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mircea_popescu "at some price" [02:20]
Bugpowder_ well 116.97 [02:20]
Bugpowder_ but 117 is probably gone before I finish dinner [02:20]
jurov so, cya tomorrow. at 120 :D [02:25]
assbot [HAVELOCK] [VTX] 1 @ 0.5 BTC [-] [02:27]
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assbot [HAVELOCK] [HIM] 1 @ 2 BTC [-] [02:30]
mjr_ pgp: hey there [02:33]
ThickAsThieves ;;ticker [02:34]
gribble BTCUSD ticker | Best bid: 116.01001, Best ask: 116.10000, Bid-ask spread: 0.08999, Last trade: 116.10000, 24 hour volume: 79534.66768249, 24 hour low: 99.00000, 24 hour high: 116.40000, 24 hour vwap: 107.30148 [02:34]
assbot [HAVELOCK] [VTX] 3 @ 0.5 = 1.5 BTC [-] [02:39]
dub ;;goxlag --au [02:42]
gribble MtGox lag is 80.479728 seconds. During this time, light travels 0.161280473816 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU [02:42]
kakobrekla https://bitcointalk.org/index.php?topic=165350.0 [02:44]
kakobrekla yay [02:44]
dub ;;goxlag --au [02:46]
gribble MtGox lag is 126.458688 seconds. During this time, light travels 0.25342179485 AU, which is closest to the distance between the Sun and Mercury, 0.39 AU [02:46]
assbot [HAVELOCK] [VTX] 10 @ 0.45 = 4.5 BTC [-] [02:46]
assbot [HAVELOCK] [VTX] 13 @ 0.44 = 5.72 BTC [-] [02:47]
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kakobrekla !baselag [02:48]
assbot 6 weeks. [02:49]
sedeki what's that? [02:49]
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Bugpowder thru 117 before my dinner order even showed up [02:53]
assbot [HAVELOCK] [HIM] 3 @ 2 = 6 BTC [-] [02:53]
assbot [HAVELOCK] [VTX] 1 @ 0.5 BTC [+] [02:54]
Diablo-D3 hrm [02:55]
Diablo-D3 Ukto: check how many shares of DMC are held in accounts that were never activated [02:55]
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Ukto hm? [02:55]
Ukto you can see that you know [02:55]
Diablo-D3 I can? [02:55]
Ukto from the glbse page :) [02:55]
Ukto first off [02:55]
Ukto held shares in bf accounts + claim accounts = total issued [02:56]
Ukto which you are somehow a few over [02:56]
Ukto er nm [02:56]
Ukto you are under [02:56]
Diablo-D3 er, what glbse page? [02:56]
Ukto 10,773 total issued between bf accounts and glbse claims of 11,579 max [02:57]
Ukto under issuer -> 'Manage GLBSE Claims' [02:57]
mircea_popescu o.o [02:57]
kakobrekla glbse 4ever! [02:58]
Ukto lol [02:58]
kakobrekla i wanna tshirt like that [02:58]
Diablo-D3 Ukto: that number doesnt work because 10773 is the number of shares after Ive bought them back [02:58]
Ukto then whats wrong ? [02:58]
Ukto thats how many are left [02:58]
Ukto the 11,579 is the max your asset can have. [02:59]
Diablo-D3 Ukto: I want to know how many shares are in accounts that were never activated [02:59]
Ukto just a limit number [02:59]
Diablo-D3 according to that number ALL accounts were activated [02:59]
Diablo-D3 which I know is false [02:59]
Ukto theres no total field in the glbse page? [02:59]
Ukto thought i had one [02:59]
Ukto 1 sec [02:59]
Ukto i will cehck [02:59]
Diablo-D3 the glbse lists unclaimed accounts [03:00]
assbot [MPEX] [O.USD.P086T] 2 @ 0.05902249 = 0.118 BTC [-] [03:00]
Diablo-D3 er, the glbse page [03:00]
Ukto looks like 2,154 unclaimed shares [03:01]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7792 BTC [+] [03:03]
Ukto so out of 10,733 shares, 2,154 are unclaimed [03:03]
Diablo-D3 hrm I think Im going to make an announcement then [03:03]
Ukto oh boy here it comes! [03:03]
Ukto :P [03:03]
Diablo-D3 90 days to activate your account, or the shares will revert to DMC ownership [03:03]
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Ukto yup, saw that commin :P [03:03]
dub scammer [03:03]
Ukto and that [03:03]
ThickAsThieves lol [03:05]
ThickAsThieves ;;ticker [03:06]
gribble BTCUSD ticker | Best bid: 117.62000, Best ask: 117.63709, Bid-ask spread: 0.01709, Last trade: 117.62000, 24 hour volume: 81308.33585058, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.65591 [03:06]
ThickAsThieves ;;asks 119.9 [03:06]
gribble There are currently 3243.7238 bitcoins offered at or under 119.9 USD, worth 386165.453059 USD in total. | Data vintage: 110.3662 seconds [03:06]
burnside send an email out to everyone that hasn't claimed. [03:06]
burnside simpe enough [03:06]
burnside [simple] [03:06]
ThickAsThieves plz email me with how to claim some shares [03:07]
ThickAsThieves sounds fun [03:07]
assbot [BTCTC] [S.BBET-PT] 1 @ 0.00176 BTC [+] [03:07]
ThickAsThieves $email [03:07]
mpexbot ThickAsThieves: To sign up for this service, contact smickles. Cost will be 0.01 BTC. [03:07]
assbot [BTCTC] [S.BBET-PT] 49 @ 0.00177 = 0.0867 BTC [+] [03:07]
dub as simple as creating 12 new accounts on varios websites [03:07]
dub and submitting a sperm sample to Ukto [03:07]
dub which is why Luke-Jr cannot claim, every sperm is sacred [03:08]
assbot [BTCTC] [S.MPOE-PT] 25 @ 0.000698 = 0.0175 BTC [+] [03:08]
kakobrekla lol [03:09]
assbot [BTCTC] [GSDPT] 3 @ 0.00394 = 0.0118 BTC [+] [03:10]
Ukto burnside: I send out an email every other week or so [03:11]
assbot [MPEX] [S.MPOE] 5000 @ 0.00068135 = 3.4068 BTC [+] [03:12]
assbot [MPEX] [S.MPOE] 6750 @ 0.00068136 = 4.5992 BTC [+] [03:12]
assbot [BTCTC] [S.MPOE-PT] 1 @ 0.000698 BTC [+] [03:12]
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assbot [MPEX] [S.DICE] 400 @ 0.004 = 1.6 BTC [-] [03:13]
assbot [MPEX] [S.DICE] 3 @ 0.004 = 0.012 BTC [-] [03:13]
assbot [MPEX] [S.DICE] 811 @ 0.0036201 = 2.9359 BTC [-] [03:13]
assbot [MPEX] [S.DICE] 2000 @ 0.00360001 = 7.2 BTC [-] [03:13]
assbot [MPEX] [S.DICE] 1500 @ 0.00335565 = 5.0335 BTC [-] [03:13]
assbot [MPEX] [S.DICE] 1000 @ 0.00320001 = 3.2 BTC [-] [03:13]
assbot [MPEX] [S.DICE] 4286 @ 0.00310001 = 13.2866 BTC [-] [03:13]
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assbot [MPEX] [S.MPOE] 8250 @ 0.00068136 = 5.6212 BTC [+] [03:21]
assbot [MPEX] [S.MPOE] 18250 @ 0.00068141 = 12.4357 BTC [+] [03:21]
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assbot [BTCTC] [BASIC-MINING] 1 @ 0.39 BTC [+] [03:27]
assbot [MPEX] [S.MPOE] 3506 @ 0.00068141 = 2.389 BTC [+] [03:31]
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assbot [BTCTC] [ASICMINER-PT] 3 @ 0.7795 = 2.3385 BTC [+] [03:38]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7795 BTC [+] [03:38]
assbot [BTCTC] [ASICMINER-PT] 28 @ 0.779997 = 21.8399 BTC [+] [03:38]
assbot [HAVELOCK] [HIM] 7 @ 2 = 14 BTC [-] [03:40]
assbot [BTCTC] [RSM] 4 @ 0.002999 = 0.012 BTC [+] [03:42]
Diablo-D3 you know what I find fucking hilarious? [03:44]
Diablo-D3 luke only has 4 shares. [03:45]
ThickAsThieves after all his whining... [03:45]
nanotube mircea_popescu: re: sun - the solar radius is about .005 AU, and the coronal edge is about 2 solar radii away from sun surface, according to my googling. so .01 AU for light to get from photosphere to coronal edge. [03:46]
mircea_popescu i gueess im not up to speed on all the coronal edging [03:46]
nanotube heh well, it's not particularly well defined or particularly smooth... but it was a good enough number to use as the 'closest thing to the sun other than mercury :) [03:47]
nanotube because saying 'mercury' every time it's 0 would be silly. [03:47]
nanotube mercury is about 200 light-seconds away from the sun. [03:48]
mircea_popescu well if "mthox lag < 200 seconds" = 0 [03:48]
mircea_popescu we got problems [03:48]
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nanotube hehe well, it does 'closest object'. and there's really nothing between coronal edge (.01 au) and mercury (.39 au) [03:49]
nanotube so until it gets to like .2 au, closest thing will be .01 [03:49]
nanotube there are random asteroids and stuff, but they are small enough that they don't even have real names. :P [03:49]
mircea_popescu actually there's very good reason for the gap [03:49]
mircea_popescu as in, accretion [03:50]
nanotube well, reason or no reason, fact remains, there are no intermediate 'points of interest' :) [03:50]
mircea_popescu ye [03:50]
nanotube ;;goxlag --au [03:50]
gribble MtGox lag is 46.972662 seconds. During this time, light travels 0.0941326887159 AU, which is closest to the distance between the Sun and edge of solar corona, 0.01 AU [03:50]
nanotube i guess we can all root for goxlag to get to mercury :) [03:50]
mircea_popescu so basically instead of mercury all the time which is silly [03:51]
mircea_popescu we get solar corona all the time which is silly [03:51]
mircea_popescu this improvement! [03:51]
nanotube hehe less silly than mercury. [03:51]
assbot [MPEX] [O.USD.C101T] 10 @ 0.26910162 = 2.691 BTC [+] [03:51]
ThickAsThieves $avg [03:52]
mpexbot ThickAsThieves: 107.73 [03:52]
ThickAsThieves ;;ticker [03:52]
gribble BTCUSD ticker | Best bid: 117.80001, Best ask: 117.84400, Bid-ask spread: 0.04399, Last trade: 117.84400, 24 hour volume: 82099.72128991, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.92214 [03:52]
ThickAsThieves ;;goxlag [03:52]
gribble MtGox lag is 0 seconds. [03:52]
ThickAsThieves ! [03:52]
mircea_popescu http://bitbet.us/bet/353/bitcoin-price-to-rise-above-1000/ [03:53]
mircea_popescu that's an interesting one. [03:53]
ThickAsThieves if it does, i wont need to be making bitbets [03:53]
thestringpuller popescu [03:53]
thestringpuller thank you [03:53]
mircea_popescu yw. [03:54]
mircea_popescu what for ? [03:54]
thestringpuller you know [03:54]
burnside burnside: I send out an email every other week or so >> awesome. that's about all you can do then. [03:55]
mircea_popescu ;;ticker [03:55]
gribble BTCUSD ticker | Best bid: 117.00000, Best ask: 117.59822, Bid-ask spread: 0.59822, Last trade: 117.00000, 24 hour volume: 82038.36838155, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 107.93612 [03:55]
ThickAsThieves http://bitbet.us/bet/356/a-third-competitor-company-to-bfl-and-avalon/ Isn't Asicminer already making plans? [03:56]
mircea_popescu ya well plans. [03:57]
mircea_popescu iirc they were making plans to have 12th online in january, still ain't happened. [03:57]
ThickAsThieves indeed [03:57]
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ThickAsThieves ;;bc,stats [04:02]
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gribble Current Blocks: 229396 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 427 blocks | Next Difficulty In About: 2 days, 8 hours, and 0 seconds | Next Difficulty Estimate: 7752366.26707 | Estimated Percent Change: 15.77908 [04:02]
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Bugpowder every time I think of buying more calls I look at them and say DAMN they are expensive [04:03]
sedeki has anyone done algorithmic trading on mtgox? [04:04]
assbot [MPEX] [O.USD.C092T] 20 @ 0.32061935 = 6.4124 BTC [+] [04:06]
dub there is a fair amount of crazy around [04:06]
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dub even solidcoin is going up [04:07]
kakobrekla O_o [04:07]
dub pp is up 550% since yesterday [04:07]
kakobrekla o_O [04:08]
Bugpowder https://apps.facebook.com/bitcoin-tx/ [04:08]
assbot [MPEX] [O.USD.C119T] 35 @ 0.19090837 = 6.6818 BTC [04:08]
Bugpowder bitcoin tip app for facebook looks like its happening [04:08]
kakobrekla lol [04:09]
Bugpowder bitcoin is about to go VIRAL! [04:09]
kakobrekla we had those before [04:09]
kakobrekla and they all sucked [04:09]
kakobrekla also crpyto ppl on fb? right. [04:09]
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dub I've seen a couple of disparate fb friends crapping on about bitcoin [04:15]
ThickAsThieves ive had like 1 person even Like/Comment on any of my bitcoin posts [04:16]
assbot [MPEX] [O.USD.P200T] 335 @ 0.85561207 = 286.63 BTC [-] [04:16]
ThickAsThieves a few days ago, I said "When I started sharing news about bitcoin, it was worth $20. Today it is worth $93." Then I got responses. [04:16]
assbot [HAVELOCK] [SDICE] 35 @ 0.40000001 = 14 BTC [+] [04:16]
assbot [HAVELOCK] [SDICE] 48 @ 0.4 = 19.2 BTC [-] [04:16]
assbot [HAVELOCK] [SDICE] 2 @ 0.398888 = 0.7978 BTC [-] [04:16]
assbot [HAVELOCK] [SDICE] 3 @ 0.39879999 = 1.1964 BTC [-] [04:16]
assbot [HAVELOCK] [SDICE] 1 @ 0.39879999 BTC [-] [04:16]
mircea_popescu those puts got massacred. [04:17]
Bugpowder ah ohhhh [04:17]
Bugpowder it stopped working [04:17]
Bugpowder ;;ticker [04:17]
gribble BTCUSD ticker | Best bid: 117.75001, Best ask: 118.00000, Bid-ask spread: 0.24999, Last trade: 118.00000, 24 hour volume: 81957.38870023, 24 hour low: 99.00000, 24 hour high: 118.36000, 24 hour vwap: 108.12679 [04:17]
ThickAsThieves ;;market --sell 10000 [04:18]
gribble A market order to sell 10000 bitcoins right now would net 1097486.2139 USD and would take the last price down to 105.0000 USD, resulting in an average price of 109.7486 USD/BTC. | Data vintage: 0.0012 seconds [04:18]
ThickAsThieves ;;market --sell 15000 [04:18]
gribble A market order to sell 15000 bitcoins right now would net 1608242.7036 USD and would take the last price down to 100.2146 USD, resulting in an average price of 107.2162 USD/BTC. | Data vintage: 6.0775 seconds [04:18]
ThickAsThieves ;;market --sell 25000 [04:18]
gribble A market order to sell 25000 bitcoins right now would net 2577154.7109 USD and would take the last price down to 93.1000 USD, resulting in an average price of 103.0862 USD/BTC. | Data vintage: 13.9036 seconds [04:18]
ThickAsThieves needs a lotta bitcoins to fill those puts [04:18]
unbalanced__ There's no "naked short selling" in BTC-land, is there? [04:25]
Diablo-D3 no [04:25]
Diablo-D3 theres no shorting at all [04:25]
Diablo-D3 you can either go long, or buy USD. [04:25]
unbalanced__ Right, I should have spoken in terms of puts/calls. [04:25]
unbalanced__ So if someone wants to bet on a down draft, they could buy puts. [04:25]
* rdponticelli (~rdpontice@190.188.145.56) has joined #bitcoin-assets [04:25]
mircea_popescu you could buy puts or write calls [04:26]
mircea_popescu but you will have to cover the calls you write. [04:26]
unbalanced__ Do I buy the puts with BTC? So even if the puts do well, they're just a hedge on my BTC losses? [04:27]
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mircea_popescu you buy the puts with btc yea [04:27]
mircea_popescu not sure what you mean by just a hedge. [04:27]
unbalanced__ Ah, imagine an extreme case of putting all your BTC into puts. [04:28]
Bugpowder I did that [04:28]
Bugpowder well 30% [04:28]
Bugpowder it was a major mistake [04:28]
mircea_popescu unbalanced__ yea ? [04:28]
unbalanced__ BTC goes down... the puts go up... but they're denominated in BTC. So it's a wash. Or at least the river meeting the ocean? [04:29]
mircea_popescu its not a wash by any means [04:29]
mircea_popescu you buy 1k puts struck at 100. these cost you .1 each, so you pay 100 btc [04:29]
mircea_popescu price goes to 50. your puts are now worth 2k btc. you've made 20x [04:29]
Bugpowder oh its not a wash at all [04:29]
Bugpowder You can basically hedge your position [04:30]
Bugpowder in fiat terms [04:30]
Bugpowder by buying around 20% of your nut in puts [04:30]
Bugpowder or less [04:30]
mircea_popescu yeah. if you go over that you're basically leveraging into a short. [04:30]
Bugpowder yeahe [04:30]
unbalanced__ Thanx guise. [04:30]
unbalanced__ Since I'm long BTC and crazy bullish, and aim to buy calls soon, I was just trying to suss out, how loaded would a whale have to be to turn this bull run around? [04:31]
assbot [BTCTC] [S.BBET-PT] 1 @ 0.00177 BTC [+] [04:31]
mircea_popescu a whale doesn't have any particular interest in fighting the tape. [04:31]
unbalanced__ Exactly... I can't see who in BTC land would have any interest in seeing it go down. [04:32]
mircea_popescu not exactly what i said. [04:32]
unbalanced__ Other than maybe you as a call writer. [04:32]
mircea_popescu ian bakewell! [04:33]
unbalanced__ It's easy in stocks for dozens of hedge funds to beat a stock price into the ground to accumulate more, if naked short selling is allowed in those markets. Here it's a lot harder to rein in a bull run, no? [04:33]
assbot [MPEX] [O.USD.C122T] 20 @ 0.18087035 = 3.6174 BTC [04:33]
mircea_popescu i dunno, mtgox/cointards are doing a pretty darn good job of it [04:34]
Bugpowder BAKEWELL.... when good cointards go bad. [04:34]
mircea_popescu anyway, im off. gl all. [04:34]
unbalanced__ you too [04:35]
unbalanced__ thanks [04:35]
* Now talking on #bitcoin-assets [09:16]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com/ [09:16]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:15:50 2013 [09:16]
ThickAsThieves ;;ticker [09:16]
gribble BTCUSD ticker | Best bid: 127.00000, Best ask: 127.00003, Bid-ask spread: 0.00003, Last trade: 127.00000, 24 hour volume: 93833.30411689, 24 hour low: 100.15000, 24 hour high: 130.00000, 24 hour vwap: 113.90981 [09:16]
ThickAsThieves mornin! [09:16]
mircea_popescu hai [09:16]
ThickAsThieves ;;goxlag [09:16]
gribble MtGox lag is 0.537715 seconds. During this time, light travels 0.00107757483944 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU). [09:16]
ThickAsThieves 130 [09:16]
mircea_popescu crazy. [09:17]
ThickAsThieves 131 [09:17]
mod6 just like zooooooooom [09:18]
ThickAsThieves ;;asks 149 [09:18]
gribble There are currently 6271.479 bitcoins offered at or under 149.0 USD, worth 865227.350584 USD in total. | Data vintage: 0.0010 seconds [09:18]
mod6 ;;asks 250 [09:18]
gribble There are currently 19338.039 bitcoins offered at or under 250.0 USD, worth 3212573.62477 USD in total. | Data vintage: 7.0612 seconds [09:18]
ThickAsThieves ;;bids 0 [09:18]
gribble There are currently 41029910 bitcoins demanded at or over 0.0 USD, worth 9741936.25613 USD in total. | Data vintage: 7.8355 seconds [09:18]
jurov morning! yes, it's cause i'm selling some...price blows up immediately after :) [09:19]
mircea_popescu https://twitter.com/Mircea_Popescu/status/319333218493005825 [09:19]
mircea_popescu all i got to say [09:19]
taub afraid you'll have to eat a big loss again? [09:20]
ThickAsThieves is it possible for something to be oversold and overpriced? [09:20]
taub sexy background pic lol [09:21]
mircea_popescu ThickAsThieves yes. [09:21]
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ThickAsThieves whats that mean? [09:21]
mircea_popescu taub not even. affraid we'll end up with a rehash of the runup to 30 [09:21]
ThickAsThieves for it to be both [09:21]
mircea_popescu ThickAsThieves mania. [09:21]
taub well that's gonna happen eventually [09:22]
ThickAsThieves hah thats exactly the only word i could come up with earlier [09:22]
mircea_popescu taub death is also going to happen eventually. [09:22]
assbot [BTCTC] [ASICMINER-PT] 12 @ 0.779998 = 9.36 BTC [+] [09:22]
taub trends dont go on for forever usually [09:22]
mircea_popescu this is basically the worst attack on bitcoin from the very people bitcoin is here to slaughter. [09:22]
taub even fiat flucutates against each otehr a ton [09:22]
mircea_popescu the sheeple following trends are doing a "we follow baaa baaaa" number on bitcoin [09:22]
mircea_popescu it's working so far ;/ [09:22]
ThickAsThieves its on regular news now, not just online or tech news [09:23]
taub signs to get out prolly [09:23]
ThickAsThieves people dont care the price [09:23]
taub or watch for big reversals [09:23]
mod6 yeah. everyone and their grandma wants btc [09:23]
taub hold on to your hats [09:23]
ThickAsThieves if they are just buying in now, and amateurs, price is meaningless [09:23]
ThickAsThieves ;;goxlag [09:24]
gribble MtGox lag is 219.524796 seconds. During this time, light travels 0.439925233262 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU). [09:24]
assbot [BTCTC] [BTC-BOND] 10 @ 0.009832 = 0.0983 BTC [-] [09:25]
assbot [BTCTC] [BTC-BOND] 90 @ 0.009831 = 0.8848 BTC [-] [09:25]
ThickAsThieves $avg [09:25]
mpexbot ThickAsThieves: 113.58 [09:25]
assbot [BTCTC] [BTC-BOND] 691 @ 0.009831 = 6.7932 BTC [-] [09:27]
assbot [BTCTC] [BTC-BOND] 109 @ 0.00983 = 1.0715 BTC [-] [09:27]
ThickAsThieves need sleep, nite [09:30]
mircea_popescu taub yeah totally. [09:30]
taub tbh i thought 93 was gonna be the big one [09:30]
taub not quite there yet it seems [09:30]
assbot [HAVELOCK] [KCIM] 1 @ 1.188 BTC [+] [09:33]
mircea_popescu heh [09:33]
assbot [HAVELOCK] [VTX] 7 @ 0.431 = 3.017 BTC [-] [09:36]
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assbot [HAVELOCK] [SDICE] 1 @ 0.33300001 BTC [-] [09:38]
assbot [HAVELOCK] [SDICE] 9 @ 0.333 = 2.997 BTC [-] [09:38]
assbot [HAVELOCK] [SDICE] 3 @ 0.322 = 0.966 BTC [-] [09:38]
assbot [HAVELOCK] [SDICE] 1 @ 0.3200001 BTC [-] [09:38]
assbot [HAVELOCK] [SDICE] 49 @ 0.32 = 15.68 BTC [-] [09:38]
assbot [HAVELOCK] [VTX] 11 @ 0.431 = 4.741 BTC [-] [09:42]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779998 BTC [+] [09:42]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779998 BTC [+] [09:43]
mod6 we're gonna find out just how worthless USD really is [09:44]
assbot [BTCTC] [BTC-BOND] 999 @ 0.00983 = 9.8202 BTC [-] [09:45]
assbot [HAVELOCK] [VTX] 1 @ 0.479966 BTC [+] [09:46]
jurov also, tits. [09:47]
jurov (,)(,) [09:47]
mod6 haha. those are some crazy nipples j [09:47]
bgupta is there an FAQ for the options? [09:49]
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jurov bgupta, i put a cheatsheet here: https://www.bitcoinforum.com/coinbr-com/call-option-calculation/msg2445/#msg2445 [09:52]
jurov and also https://bitcointalk.org/index.php?topic=67302.0 (but the opening of position is now done differently) [09:53]
bitesak bgupta, and a nice overview of all options available: https://docs.google.com/spreadsheet/ccc?key=0AvwwyRGyc1WgdGxfRk5SS0hxT1lsVmdLdU1QY0RveGc#gid=6 [09:54]
taub 140 lel [09:54]
taub hysteria [09:54]
bgupta are options for .1 btc? [09:55]
taub 1 [09:55]
taub settled in bitcoins tho [09:55]
bitesak ;;ticker [09:56]
gribble BTCUSD ticker | Best bid: 134.03707, Best ask: 136.50000, Bid-ask spread: 2.46293, Last trade: 136.50000, 24 hour volume: 99269.33772735, 24 hour low: 100.15000, 24 hour high: 136.75381, 24 hour vwap: 115.26807 [09:56]
Diablo-D3 are you fucking shitting me? [09:56]
taub whut [09:56]
bgupta so O.USD.C101T is call to buy at 101? why is the bid/ask range .19xxx-0.272xxx? [09:57]
taub oh good it wasnt at 140 then, the cli display shows it at 140 [09:57]
mircea_popescu le wow. [09:57]
bgupta it was 140 [09:57]
jurov yes. and the spread is generally because of the risk involved [09:57]
taub bgupta: just multiple it by the 24h price [09:58]
taub ;;24hp [09:58]
gribble Error: "24hp" is not a valid command. [09:58]
jurov $avg [09:58]
mpexbot jurov: 114.54 [09:58]
taub whatever the command is [09:58]
jurov ^that [09:58]
taub :) [09:58]
bgupta Ah % price [09:58]
bgupta a lot of these don't have a bid or an ask. [10:01]
bitesak ;;asks 1000 [10:01]
gribble There are currently 27760.159 bitcoins offered at or under 1000.0 USD, worth 8382539.9052 USD in total. | Data vintage: 67.0005 seconds [10:01]
bitesak ;;asks 250 [10:02]
gribble There are currently 17686.764 bitcoins offered at or under 250.0 USD, worth 3057767.60599 USD in total. | Data vintage: 0.0007 seconds [10:02]
bgupta ah there we go, a refresh later and everything has bids and asks [10:03]
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jurov bgupta, it's the MPOE bot, sometimes it leaves for a while [10:07]
jurov smoking pause or whatever [10:07]
bgupta heh ok. [10:07]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.779998 = 1.56 BTC [+] [10:07]
bgupta I find it odd that the counterparty is a bot. [10:08]
bgupta however, I believe I understand why.. [10:08]
bgupta need a market maker, to facilitate trade, and there aren't enough humans writing options [10:08]
bgupta N vs T? [10:10]
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bgupta CurrenT, Next? [10:11]
bgupta (month) [10:12]
jurov yes [10:12]
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mircea_popescu everybody : please promote http://polimedia.us/trilema/2013/people-bitcoin-is-not-worth-100-dollars-per-stop-buying/ on whatever social media etc. [10:17]
mircea_popescu i know it's a bitter pill, but seriously... we'll end up fucked. [10:17]
fdas but you were talking about only $100 btc :P [10:24]
jurov http://www.reddit.com/r/Bitcoin/comments/1bkpvy/people_bitcoin_is_not_worth_100_dollars_per_stop/ [10:24]
fdas NOW it's different [10:24]
taub https://dl.dropbox.com/u/6911896/topfishin.png maybe something cute [10:25]
mircea_popescu fdas ya well... [10:25]
jurov but not even satoshi can stop it this time [10:25]
mircea_popescu jurov i guess not. [10:25]
mircea_popescu can't sit and not say anything. [10:25]
mircea_popescu "all it takes for stupidity to succeed" and all that. [10:25]
jurov yes. and mpex deposits, please :) [10:26]
mircea_popescu a yes [10:26]
assbot [BTCTC] [ASICMINER-PT] 49 @ 0.779998 = 38.2199 BTC [+] [10:27]
mircea_popescu and flushed. [10:29]
mircea_popescu lol hide my pc appspot ? [10:34]
assbot [MPEX] [O.USD.C110T] 100 @ 0.26204127 = 26.2041 BTC [+] [10:36]
jurov sry that's proxy i use to read trilema [10:36]
jurov http://www.reddit.com/r/Bitcoin/comments/1bkq2p/people_bitcoin_is_not_worth_100_dollars_per_stop/ [10:36]
jurov fixed [10:36]
assbot [MPEX] [O.USD.C125T] 100 @ 0.1998944 = 19.9894 BTC [+] [10:37]
dub mircea_popescu: yeah its $150 per [10:38]
mircea_popescu yes well... [10:38]
taub asks are getting made love to [10:38]
assbot [MPEX] [O.USD.C155T] 400 @ 0.11821909 = 47.2876 BTC [10:38]
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Schadenfreude Judging by that momentum it's going to pop sooner than later [10:42]
taub yea... [10:43]
taub and my coins are in limbo between btce and mtgox [10:43]
taub :[ [10:43]
Schadenfreude I already made 500% profit and am all out watching for it to crash [10:44]
taub haha [10:44]
Schadenfreude Could've been more, but I'm not a gambling man [10:44]
taub all those people that had to get verified and wathced it soar the last week [10:44]
taub are now desperate [10:45]
Schadenfreude 250>1350ish€ seems great, no? [10:45]
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Schadenfreude Which will make some sweet dividends once I put it into BTC-securities in a more rational market [10:46]
taub 1350 coins? [10:47]
Schadenfreude Sadly not, euros as in € [10:49]
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taub why not focus on accumilating coins [10:51]
taub so, buy back in after crash ;) [10:52]
taub what if we go to 200 today, then we're def fucking goin down hard [10:52]
Schadenfreude Was my main plan [10:52]
assbot [MPEX] [O.USD.C185T] 95 @ 0.07377055 = 7.0082 BTC [10:52]
taub but we prolly reached at top, right here [10:53]
taub i wish i could sell right now [10:53]
Schadenfreude ;;ticker [10:53]
gribble BTCUSD ticker | Best bid: 141.00001, Best ask: 141.98998, Bid-ask spread: 0.98997, Last trade: 141.10100, 24 hour volume: 107422.54894605, 24 hour low: 102.00000, 24 hour high: 143.90000, 24 hour vwap: 117.47279 [10:53]
Schadenfreude 150 might be psychologically significant enough [10:53]
Schadenfreude Could crah anytime though, last one popped at 31-33ish [10:53]
taub yup [10:54]
Schadenfreude What's more interesting is where it will go to after crashing, 10ish seems too low [10:55]
bitesak ;;asks 150 [10:55]
gribble There are currently 5545.1177 bitcoins offered at or under 150.0 USD, worth 819419.244866 USD in total. | Data vintage: 81.4224 seconds [10:55]
taub 100-50 [10:55]
taub my guess [10:55]
taub dont think we will go below 50 anytime soon [10:56]
assbot [HAVELOCK] [SDICE] 10 @ 0.321 = 3.21 BTC [+] [11:03]
assbot [HAVELOCK] [SDICE] 1 @ 0.32 BTC [-] [11:04]
assbot [HAVELOCK] [SDICE] 1 @ 0.3180994 BTC [-] [11:05]
assbot [HAVELOCK] [SDICE] 8 @ 0.30000001 = 2.4 BTC [-] [11:06]
Schadenfreude Holy shit, somebody paid $10000 for 70 btc [11:07]
assbot [HAVELOCK] [SDICE] 5 @ 0.3 = 1.5 BTC [-] [11:07]
bgupta well one thing to perhaps look at is how btc traded after crossing 1USD and 10USD pyschological barriers. Haven't looked too closely yet.. as I'm pretty sure marekt conditions were quite different. [11:07]
assbot [HAVELOCK] [VTX] 12 @ 0.431 = 5.172 BTC [-] [11:08]
bgupta ;;bids 100 [11:08]
gribble There are currently 21209.86 bitcoins demanded at or over 100.0 USD, worth 2410540.73085 USD in total. | Data vintage: 73.5523 seconds [11:08]
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assbot [HAVELOCK] [HIM] 3 @ 1.93 = 5.79 BTC [-] [11:11]
assbot [HAVELOCK] [VTX] 21 @ 0.479955 = 10.0791 BTC [+] [11:12]
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bgupta ;;bids 120 [11:16]
gribble There are currently 5670.2757 bitcoins demanded at or over 120.0 USD, worth 740933.924797 USD in total. | Data vintage: 0.0049 seconds [11:16]
bitesak ;;ticker [11:20]
gribble BTCUSD ticker | Best bid: 145.50001, Best ask: 145.78998, Bid-ask spread: 0.28997, Last trade: 145.79000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690 [11:20]
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Anduck !ticker s.dice [11:23]
assbot The vision of Christ that thou dost see ... is my vision's greatest enemy. [11:23]
Anduck !ticker m s.dice [11:23]
assbot [MPEX:S.DICE] 1D: 0.00310001 / 0.00368235 / 0.00400173 (25821 shares, 95.08 BTC), 7D: 0.0031 / 0.00331583 / 0.00448 (718545 shares, 2,382.58 BTC), 30D: 0.00300001 / 0.00424531 / 0.006225 (1571439 shares, 6,671.26 BTC) [11:23]
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bgupta so anyone remember when it ran from 10 to 30? I think the thing that popped it was the mtgox heist, no? [11:31]
mircea_popescu What's more interesting is where it will go to after crashing, 10ish seems too low << i can tell you that the major players will inflict at least a 1/3 punishment to the lemmings putting price this high. [11:31]
mircea_popescu so nothing over 100 is going to get bought. [11:32]
Diablo-D3 huh [11:32]
Diablo-D3 hey mp [11:32]
mircea_popescu ello [11:32]
Diablo-D3 whats a url for a profitability calculator [11:32]
mircea_popescu um. i have no idea. you're the miner neh ? [11:32]
Diablo-D3 I could calculate it by hand but meh [11:33]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.78997 = 2.3699 BTC [+] [11:33]
bgupta ;;bids 95.7 [11:38]
gribble There are currently 25483.015 bitcoins demanded at or over 95.7 USD, worth 2825225.0196 USD in total. | Data vintage: 0.0062 seconds [11:38]
bgupta ;;bids 50 [11:38]
gribble There are currently 87921.054 bitcoins demanded at or over 50.0 USD, worth 7578933.5071 USD in total. | Data vintage: 12.7352 seconds [11:38]
bgupta ;; bids 0 [11:38]
gribble There are currently 41207088 bitcoins demanded at or over 0.0 USD, worth 10375480.9223 USD in total. | Data vintage: 26.0924 seconds [11:38]
bgupta ;;asks 155 [11:39]
gribble There are currently 5051.1155 bitcoins offered at or under 155.0 USD, worth 756571.619693 USD in total. | Data vintage: 58.6891 seconds [11:39]
taub mtgox in a perpetual state of lag haha [11:39]
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taub now its not even enough to predict future prices, you also have to predict current ones when you entry [11:40]
taub rofl [11:40]
bgupta how does trading even function with lag? [11:41]
assbot [MPEX] [S.MPOE] 15600 @ 0.0006815 = 10.6314 BTC [+] [11:41]
assbot [MPEX] [S.MPOE] 10000 @ 0.00068372 = 6.8372 BTC [+] [11:41]
assbot [MPEX] [S.MPOE] 5000 @ 0.00068373 = 3.4187 BTC [+] [11:41]
taub what do you mean [11:41]
assbot [MPEX] [S.MPOE] 6000 @ 0.00068777 = 4.1266 BTC [+] [11:41]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.771 BTC [-] [11:41]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-] [11:42]
bgupta lag means you don't know trades were executed until some time in the future? [11:42]
taub well, it means that the orderbook you are seeing right now is 3 minutes old [11:42]
taub or [11:42]
taub if you send an order now, it will take the lag time until it shows on the orderbook [11:42]
bgupta damn 5:45 and growing [11:43]
bgupta wonder if that is people selling? [11:43]
taub 5:45? [11:43]
saulimus watch for the drop [11:43]
bgupta | Lag: 6:12.618 [11:43]
taub oh, ya [11:43]
taub i havent found out the correlation [11:43]
taub except volatility [11:44]
bgupta mpex bots seem to shutdown when there is lag? [11:44]
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mircea_popescu bgupta not rly. [11:45]
taub seems like my lag theory was correct [11:46]
taub from couple days ago [11:46]
mircea_popescu the bot puts them in the book with an expiration time [11:46]
taub book getting spammed with 0.01 orders [11:46]
mircea_popescu sometimes that comes a little (like, seconds) before the bot gets to put the new set in [11:46]
* Luke-Jr has quit (Ping timeout: 245 seconds) [11:46]
mircea_popescu on the other hand if the bot can't get price feed it won't quote [11:47]
bgupta Lag crosse 7:00 [11:47]
taub its happening [11:48]
taub ;;ticker [11:48]
gribble BTCUSD ticker | Best bid: 140.22000, Best ask: 141.00100, Bid-ask spread: 0.78100, Last trade: 140.22000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690 [11:48]
pizzaman1337 yeah, big drop it seems [11:48]
pizzaman1337 could have just been one sell though [11:49]
pizzaman1337 too much lag to tell... [11:49]
taub now in 7 minutes lets see what happens then [11:49]
taub fuck, my funds arrived, but just a tad too late [11:49]
bgupta ;;la [11:50]
gribble Error: "la" is not a valid command. [11:50]
bgupta ;;lag [11:50]
gribble Error: "lag" is not a valid command. [11:50]
bitesak goxlag [11:50]
dub ;;goxlag [11:50]
gribble MtGox lag is 468.536678 seconds. During this time, light travels 0.938942256714 AU. You could have sent a bitcoin from the Sun to Earth (1 AU). [11:50]
bgupta taub, too late too sell? [11:50]
mircea_popescu lmao [11:50]
mircea_popescu nanotube ^ [11:50]
bgupta or too late to buy puts? [11:50]
taub well, too late to catch this particular move that just happend [11:51]
bgupta via coins or options? [11:51]
taub i'm confident i'll get my fill still in the next 7 mins, the order got sent before the big drop [11:51]
bgupta options bots weren't quotin [11:51]
taub i dont trade options [11:51]
bgupta ahh. [11:51]
taub okay now it goes down further, :( bummer [11:51]
bgupta how can you tell? [11:52]
bgupta carkmoody seems stuck [11:52]
taub not for me [11:52]
mircea_popescu http://bitcoincharts.com/charts/ yup it's down [11:52]
bgupta 141/142 range? [11:52]
taub do you got linuix? [11:52]
bgupta or lower? [11:52]
taub best bid is 139.9 [11:52]
pizzaman1337 ;;goxlag [11:53]
gribble MtGox lag is 563.040692 seconds. During this time, light travels 1.12832724265 AU. You could have sent a bitcoin from the Sun to Earth (1 AU). [11:53]
taub http://prof7bit.github.com/goxtool/ this is good too [11:53]
bgupta Lagbets heh [11:53]
bgupta ;;bids 140 [11:55]
gribble There are currently 0 bitcoins demanded at or over 140.0 USD, worth 0.0 USD in total. | Data vintage: 0.0043 seconds [11:55]
bgupta ah there it goes [11:55]
mircea_popescu ;;ticker [11:56]
gribble BTCUSD ticker | Best bid: 138.83060, Best ask: 143.19999, Bid-ask spread: 4.36939, Last trade: 138.83060, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690 [11:56]
bgupta really wide spread [11:56]
mircea_popescu dude i'm so impressed. the market listened. thank you! [11:56]
bgupta mircea_popescu: You want it back to 95? [11:57]
mircea_popescu no. i just don't want it to bubble. [11:57]
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dub ;;goxlag [12:02]
gribble MtGox lag is 521.994696 seconds. During this time, light travels 1.04607152624 AU. You could have sent a bitcoin from the Sun to Earth (1 AU). [12:02]
TradeFortress love the new gribble text. [12:02]
bitesak ;;ticker [12:03]
gribble BTCUSD ticker | Best bid: 132.15805, Best ask: 139.00000, Bid-ask spread: 6.84195, Last trade: 139.00000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690 [12:03]
bgupta 132 <-> 139 [12:04]
* B0g4r7 has quit (Ping timeout: 276 seconds) [12:04]
bgupta must be midnight somewhere [12:04]
dub its not accurate [12:04]
dub no trades have been placed for 10 minutes [12:04]
dub ;;bcstats [12:06]
gribble Current Blocks: 229457 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 366 blocks | Next Difficulty In About: 2 days, 1 hour, 20 minutes, and 53 seconds | Next Difficulty Estimate: 7768579.67908 | Estimated Percent Change: 16.02123 [12:06]
assbot [MPEX] [S.MPOE] 7600 @ 0.00068777 = 5.2271 BTC [+] [12:06]
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mjr_ wow [12:11]
mjr_ this is fun [12:11]
bgupta is it goxlag understood, and perhaps fixable by the exchange? [12:12]
mjr_ lol [12:13]
mjr_ of course its fixable [12:13]
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mjr_ these are solved problems [12:13]
bowjob ;;ticker [12:13]
gribble BTCUSD ticker | Best bid: 133.28100, Best ask: 136.99000, Bid-ask spread: 3.70900, Last trade: 136.99000, 24 hour volume: 109826.82126183, 24 hour low: 102.50000, 24 hour high: 146.00000, 24 hour vwap: 118.31690 [12:13]
mjr_ there is a global forex market where trillions of dollars are traded every day [12:13]
bowjob ;;goxlag [12:13]
gribble MtGox lag is 311.754968 seconds. During this time, light travels 0.624753465289 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU). [12:13]
mjr_ and they don't wait 5 minutes for an order [12:13]
bowjob crash [12:13]
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* bowjob has quit (Client Quit) [12:13]
bgupta Bowjob you referring to price or the functionality of mtgox ;) [12:14]
mjr_ you gotta love how wide this spread is [12:14]
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bgupta sigh for most of that apike and drop mpex bots weren't quoting.. [12:18]
mircea_popescu lol <<< this. [12:18]
mircea_popescu bgupta http://bitcoincharts.com/charts/ was offline. [12:18]
bgupta ahh... [12:18]
mircea_popescu now i see "invalid symbol" [12:18]
bgupta still getting 502 but quotes did come back.. [12:19]
bgupta at least a min ago they were there [12:19]
mjr_ i was mostly joking about 188 calls... [12:19]
mjr_ and being limited by 200 strike [12:20]
mircea_popescu bgupta it probably managed to pull one. [12:20]
mjr_ ;;ticker [12:20]
gribble BTCUSD ticker | Best bid: 132.10000, Best ask: 132.80000, Bid-ask spread: 0.70000, Last trade: 132.80000, 24 hour volume: 113914.00406253, 24 hour low: 103.59000, 24 hour high: 147.00000, 24 hour vwap: 119.79724 [12:20]
mjr_ 24 hour volume: 113914.00406253 [12:20]
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pingec ;;goxlag [12:21]
gribble MtGox lag is 76.788317 seconds. During this time, light travels 0.153882927503 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU). [12:21]
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mjr_ buy wall at 130 [12:22]
bgupta lag spiking again [12:23]
ChaangNoi nice [12:24]
ChaangNoi ;;asks 150 [12:24]
gribble There are currently 11975.009 bitcoins offered at or under 150.0 USD, worth 1746325.8334 USD in total. | Data vintage: 100.2402 seconds [12:25]
ChaangNoi ;;bids 100 [12:25]
gribble There are currently 20939.625 bitcoins demanded at or over 100.0 USD, worth 2330617.2525 USD in total. | Data vintage: 102.0011 seconds [12:25]
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assbot [MPEX] [S.MPOE] 1400 @ 0.00068777 = 0.9629 BTC [+] [12:33]
assbot [MPEX] [S.MPOE] 10250 @ 0.00069537 = 7.1275 BTC [+] [12:33]
mjr_ did they close the SA thread? [12:38]
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ChaangNoi ltc near $5 lol [12:43]
TradeFortress kinda surprised LTC is so affected by btcusd [12:43]
ChaangNoi i think its just funny it went up like 10,000% in 2 months or so [12:44]
bgupta ltc spiked on mtgox rumors, that's all I think [12:44]
ChaangNoi moe than just rumors [12:44]
ChaangNoi more* [12:44]
bgupta well, tux said it would be easy to do, but didn't say he would. [12:45]
ChaangNoi once gox lists it, it should trade in the 1/10th to1/5th of btc price [12:45]
bgupta SOunded positive for it happening though [12:45]
ChaangNoi he said he was not ready to say when "soon" would be [12:45]
bgupta I wish he would fix the broken shit, before adding litecoin [12:46]
dub its not a rumour anymore [12:46]
dub gox is rolling out ltc/nmc 'soon' [12:46]
bgupta ah which accounts for the selloff [12:46]
dub check topic in #mtgox [12:46]
ChaangNoi nmc too? lol [12:46]
dub I suggested that maybe the concentrate on supporting btc first [12:46]
bgupta ltc I sorta get. nmc, seems kinda sily. [12:47]
ChaangNoi i just sold 900 nmc lol and now its way way up [12:47]
bgupta next they'll be doing devcoin [12:47]
dub nmc does a lot more than ltc [12:47]
TradeFortress bgupta, source [12:48]
TradeFortress ? [12:48]
TradeFortress devcoin d oes not align with profits. [12:48]
ChaangNoi he is kidding [12:48]
bgupta that was sarcasm [12:48]
TradeFortress lol ok. [12:48]
dub BTE us bext [12:48]
dub next* [12:48]
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mircea_popescu once gox lists it, it should trade in the 1/10th to1/5th of btc price << eh get out. [12:50]
ChaangNoi want to make a bet? :) [12:50]
mircea_popescu go aheasd [12:50]
ChaangNoi like 1 month after the list it [12:50]
ChaangNoi they [12:50]
TradeFortress eh no [12:50]
ChaangNoi it should be in that range [12:51]
ChaangNoi oh lol [12:51]
TradeFortress people hear about bitcoin in the news, not litecoin [12:51]
bgupta I think the point being that if litecoin gets listed it will be in the news too [12:51]
ChaangNoi 1/10 ltc only needs to go up to $13 [12:51]
bgupta 3 x [12:52]
ChaangNoi yeah, just wait.. 250% for ltc is nothing [12:52]
ChaangNoi it just went up 10,000% [12:52]
mircea_popescu well basically... if that happens ltc is fucked [12:52]
mircea_popescu i don't much care either way. [12:52]
bgupta is lag a constant thing? [12:53]
bgupta never really paid close attention [12:53]
TradeFortress bgupta, yup gox has a history of lag [12:53]
dub pretty much [12:53]
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mjr_ i love the new au feature of goxlag [12:54]
ChaangNoi ltc is fucked? how so [12:54]
bgupta So is 147 the all time and foreever new high for btc? [12:55]
assbot [BTCTC] [B.YABMC] 1 @ 0.01201 BTC [+] [12:55]
assbot [BTCTC] [B.YABMC] 9 @ 0.012 = 0.108 BTC [-] [12:55]
mircea_popescu carniwhore = girl who puts out for carnations. [12:56]
TradeFortress just wait till ltc gets more transactions [12:56]
mircea_popescu bgupta no. but for 2013 hopefully. [12:56]
TradeFortress you'd see all the "LTC is faster!" guys complain that their TX isn't making it into a block [12:56]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.14301 BTC [-] [12:56]
bgupta is mtgox the main place to do fiat/btc trading? (I know they have like 70% or something, but they have wierd transfer limits and stuff. [12:57]
TradeFortress bgupta, they have the biggest orderbook iirc, but not the only place obviously [12:57]
bgupta is that where people in this channel trade? [12:58]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.143 BTC [-] [12:58]
TradeFortress bgupta, no, this is bitcoin assets [12:58]
TradeFortress #mtgox [12:58]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.1421 BTC [-] [12:58]
mircea_popescu bgupta they had something like 70% a year ago. [12:58]
mircea_popescu atm they're struggling to keep a third. [12:58]
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bgupta what''s the next biggest, or is it really ditributed? [12:58]
assbot [BTCTC] [GSDPT] 124 @ 0.00362 = 0.4489 BTC [-] [12:59]
bgupta guessing we all still follow gox since they are still the biggest? [12:59]
mircea_popescu kinda distributed [12:59]
TradeFortress well I do. [12:59]
bgupta IE: options are priced against gox [12:59]
mircea_popescu options are priced against all exchanges. [12:59]
bitesak ;;ticker [12:59]
gribble BTCUSD ticker | Best bid: 128.93917, Best ask: 129.80000, Bid-ask spread: 0.86083, Last trade: 128.93917, 24 hour volume: 119765.32170538, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69408 [12:59]
mircea_popescu gox is about 70% of that. [12:59]
mircea_popescu the exchange market is roughly half tho, otc is pretty big [12:59]
mircea_popescu and then there's the private traders [13:00]
TradeFortress OTC usually relies on gox price. [13:00]
mircea_popescu only for small trades. [13:00]
TradeFortress And then there's the FastCash4Bitcoins and Bitcoins Direct [13:00]
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bgupta sure but those are like gox +/- XX%, no? [13:00]
bgupta private traders, sounds interesting.. [13:01]
mircea_popescu but yes, mtgox does have an overextended and unjustified impact on price formation. [13:01]
bgupta like street trading? [13:01]
mircea_popescu if that's what you were asking [13:01]
bgupta kinda was. [13:01]
mircea_popescu i don't know what street has to do with anything ? [13:01]
bgupta for a site that is prety broken.. [13:02]
mircea_popescu private as in i know about it, you don't. [13:02]
mircea_popescu private. [13:02]
bgupta well, it's like otc, not an exchange. [13:02]
bgupta but not in channel [13:02]
mircea_popescu the exchange market is roughly half tho, otc is pretty big <<< [13:02]
bgupta I imagine that folks that need to move large amounts don't use standard gox [13:03]
mjr_ it looks like there aer some big fish getting in [13:03]
mjr_ the volume is very high [13:03]
mjr_ ;;bids 0 [13:03]
gribble There are currently 41180994 bitcoins demanded at or over 0.0 USD, worth 10343612.1046 USD in total. | Data vintage: 0.0109 seconds [13:03]
mircea_popescu was about 10mn for a while neh ? [13:03]
mjr_ bugpowder would be happy with those numbers [13:04]
ChaangNoi a lotof btc transactions happen outside of an exchange, ihave not use an exchange in well over a year (other than btc-e for ltc) [13:04]
mjr_ yeah, the bitcoin atm will prob do very well at extending that trend [13:05]
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bgupta I don't plan to use btc/fiat echanges any time soon, at least not gox.. as I'm in US and the whole rcoinlab thing seems a shame [13:05]
mjr_ bgupta: why? [13:05]
mjr_ also, bitfloor is in the US [13:05]
bitesak ;;goxlag [13:06]
gribble MtGox lag is 119.238373 seconds. During this time, light travels 0.238952364433 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU). [13:06]
mjr_ and so far its been good to me, though YMMV [13:06]
bgupta well as soon as I convert to fiat, it's subject to trading taxes.. and coinlab reports. [13:06]
mjr_ that's why i said bitfloor [13:07]
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mjr_ AND...it is worth paying taxes if the money is right [13:07]
bgupta at least from my current reading of the rules… staying in btc means that I am not subject to taxes. [13:07]
bgupta I was actually wondering if it would work to setup a subsidiary of a US company to do the trading.. and report the profits overseas in a low tax environment. [13:08]
mjr_ mircea_popescu: you were one of the first to offer financial company news over twitter, lol SEC agrees [13:08]
bgupta (Assuming there are profits of course) [13:08]
mjr_ oh yes of course [13:08]
mjr_ i meant use exchanges to move from fiat to btc [13:08]
mjr_ which is usually the bottleneck [13:09]
mjr_ ;;ticker [13:09]
gribble BTCUSD ticker | Best bid: 131.00000, Best ask: 131.05362, Bid-ask spread: 0.05362, Last trade: 131.00000, 24 hour volume: 119771.38207326, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69450 [13:09]
mjr_ ;;calc 120.69450 * 119771.38207326 [13:10]
gribble 14455747.0736 [13:10]
mjr_ 14 mill in last 24 hours... [13:10]
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mjr_ ;;calc 14455747 * .006 [13:10]
gribble 86734.482 [13:10]
mjr_ not a bad day for gox [13:10]
mjr_ maybe lag is a feature not a bug? [13:11]
mircea_popescu mjr_ hm ? [13:11]
bgupta so how common is bitcoincharts crashing? [13:11]
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bgupta (It kinda shuts down options trading to some extent) [13:11]
assbot [HAVELOCK] [SDICE] 1 @ 0.35499999 BTC [+] [13:12]
bgupta timing kinda sucked this AM [13:12]
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mircea_popescu its more common than it should be. [13:12]
assbot [HAVELOCK] [SDICE] 2 @ 0.35499999 = 0.71 BTC [+] [13:13]
taub i find short term option plays difficult anyway [13:13]
bgupta damn it's down again [13:13]
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taub and i dont think they can be used like that right now [13:13]
mjr_ http://www.foxbusiness.com/government/2013/04/02/sec-social-media-ok-for-company-announcements/ [13:13]
taub they are too expensive, and orient themselves on the average price over the last 24h [13:13]
mircea_popescu a lol [13:13]
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taub so, maybe for mid to longer term speculation [13:13]
bgupta mircea_popescu: Do you find bitcoincharts down a lot or is this unusal? [13:14]
mircea_popescu they were down for two days straight at some point. [13:14]
bgupta no better quote source that's more stable? [13:14]
mircea_popescu while the guy had some sort of emotional breakdown [13:14]
mircea_popescu not afaik, at least yet. maybe emerging. [13:14]
mircea_popescu it's a pointless dog to chase atm, we have much bigger problems [13:14]
bgupta too much new money? [13:15]
bgupta goxlag. [13:15]
mircea_popescu for instance. broken code, delusive geeks, mtgox going down [13:15]
mircea_popescu bunch of security breaches [13:15]
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Schadenfreude Security breaches? Like Instawallet? [13:16]
mircea_popescu the newsfeed going down in all this is cosmetic, what's the value of it being up if gox lag is on the 1.2AU level ? [13:16]
bgupta delusive as in deceitful? [13:16]
mircea_popescu Schadenfreude and the brazil thing [13:16]
mircea_popescu and the whatever else [13:16]
mircea_popescu bgupta nu, like hallucinating. [13:16]
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bgupta ah, the english word I would use is delusionary.. delusive, is more like deceitful. [13:17]
mircea_popescu i am aware. [13:17]
Schadenfreude Brazil thing? [13:17]
mircea_popescu take the recent fork disaster. it being passed off as a great success, what's that ? [13:17]
mircea_popescu claiming miners vote and thus there's legitimity, what's that ? [13:17]
mircea_popescu getting darned close to the line. [13:17]
mircea_popescu Schadenfreude http://polimedia.us/trilema/2013/and-another-one-bites-the-dust-mercado-bitcoin/ [13:18]
Schadenfreude Thanks [13:18]
bgupta eh, they dodged a bullet, (IE: were lucky) and Bitcoin foundation chief made losing fork folks whole. And they figured out how to avoid issue in future. [13:19]
bgupta I supose it has it's bad and good. broken code got fixed… bad that broken code existed for so long, even though people knew about it [13:20]
bgupta the loss of distributed mining is a big issue [13:20]
bgupta (I agree with you there) [13:20]
mircea_popescu Schadenfreude iof we believe the frenchies (ie, no funds lost) then the brazil thing is way weorse. [13:21]
mircea_popescu bgupta you don't follow. [13:21]
TradeFortress mircea_popescu, add bitcoinrain to the mix [13:21]
mircea_popescu the longer chain was sunk by collusion between people. this is hallmark centralisation. [13:21]
mircea_popescu TradeFortress i missed that one ? [13:21]
TradeFortress it's operated by the same guy [13:21]
Schadenfreude Any estimate on how much money was lost in the brazil incident? [13:22]
TradeFortress strangely how it went down after me & a few members requested large withdrawls. [13:22]
mircea_popescu Schadenfreude probably in the millions from what people were saying. no idea. [13:22]
mircea_popescu TradeFortress ah [13:22]
mircea_popescu bgupta i agree that a correctly functioning bitcoin would have been fucked in that situation, and so "good" that it was broken. [13:22]
TradeFortress srsly, "You will get the bitcoins tommorow", tommorow -> site down, 'hacked' [13:22]
mircea_popescu buyt this doesn't change the fact that it's broken. [13:22]
mircea_popescu tsk. [13:22]
mircea_popescu suspicious this [13:22]
mircea_popescu how large is large TradeFortress ? [13:23]
TradeFortress about 400 btc total was the withdrawls I know of, but I'm not sure how much coins were lost in bitcoinrain [13:24]
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mircea_popescu wait [13:29]
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mircea_popescu was this rain thing some sort of ponzi ?! [13:29]
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bgupta mircea_popescu: You are correct I don't understand.. I only understand the technical issue with the fork, not the economic or social implications.. is there a more theorough analysis out there? [13:30]
mircea_popescu not really, i guess. [13:31]
mircea_popescu but logically thinking : bitcoin is sold as being decentralised, right ? [13:31]
assbot [MPEX] [S.MPOE] 3900 @ 0.00069537 = 2.7119 BTC [+] [13:31]
mjr_ collusion is not the same as centralization though the effects can be similar [13:32]
mircea_popescu explain this difference ? [13:32]
troc the colluding parties are still separate entitites, and may not collude in perpetuity ? [13:33]
mircea_popescu a, yes. my statement above suffers. [13:33]
mircea_popescu the case was quite plain central planning : devs said do x, pool op did x. [13:33]
mjr_ yes, that is the difference, but also...you could say that everyone buying bitcoins is "colluding" to raise the price, all our actions are working towards the same goal [13:34]
mircea_popescu same effect yes, same goal not really. [13:34]
mjr_ or you could say that 51% of voters colluded to elect the candidate they prefer [13:34]
mircea_popescu mjr_ but to make that work in the case at hand, parish head told people to vote for x, they did. [13:34]
mjr_ if the bitcoin foundation could have unilaterally negated the fork...centralization [13:34]
mircea_popescu is this democratic process iyo ? [13:34]
mircea_popescu mjr_ it's not they could have. they in fact did. (and not the bitcoin foundation either, that's an irrelevant little scam by now) [13:35]
mjr_ well...the fact that the choice remained with them means that you may get centralization in effect, but not in cause [13:35]
mircea_popescu granted. [13:35]
mircea_popescu but it's still there. [13:35]
mircea_popescu you have to presume some choice was made. i have my doubts those heads were working. [13:35]
mjr_ i just mean that you could have lobbied for the longer chain...or miners who wanted to continue that path could have [13:35]
mircea_popescu the btc guild guy made a choice that cost his miners ~1-2k btc [13:36]
mjr_ so in the end, whoever can convince the most people will change the course of history...par for the course [13:36]
mircea_popescu this is irrational on the face. [13:36]
mjr_ well, i agree [13:36]
mircea_popescu right. [13:36]
mircea_popescu so it still doesn't escape the central planning issue. [13:36]
mjr_ but i think they took into account the fact that a fork could have damaged their long term gains into account [13:36]
mircea_popescu a move was made that was irrational. [13:36]
mircea_popescu how do you know this to be the case ? [13:37]
mircea_popescu maybe they were just sheepishly following ? [13:37]
mjr_ i don't know, they could have been sheepishly following [13:37]
mircea_popescu right. [13:37]
mjr_ but that is their choice [13:37]
mjr_ to follow [13:37]
mircea_popescu so it's a problem, all i'm sayin'. [13:37]
mjr_ and they earn the right to do so by having the mining power [13:37]
mjr_ oh i agree its a problem [13:37]
mircea_popescu i am not disputing their right here. [13:37]
mircea_popescu i am just trying to delineate the heavier problems we face, [13:37]
mircea_popescu kinda where discussion started [13:37]
mjr_ but at the end of the day, "the market decides" and it decides to follow gavin i guess [13:38]
mircea_popescu except it wasn't the market, [13:38]
mircea_popescu and it wasn't even the miners [13:38]
mircea_popescu it was two doods. [13:38]
mjr_ yes [13:38]
mjr_ and everyone who chooses to use a pool [13:38]
mjr_ specifically that pool [13:38]
mircea_popescu except nobody chooses to use a pool [13:38]
mircea_popescu everyone uses a pool because that's what you do [13:38]
mjr_ you can solo mine... [13:38]
mircea_popescu there's a lot of weakness baked in at all junctures. [13:38]
bgupta well you can chose a particular pool... [13:38]
mjr_ now with asics i think you will see more solo mining [13:39]
mircea_popescu bgupta except there's no really distinct ones. [13:39]
mjr_ at least i hope [13:39]
mircea_popescu mjr_ perhaps. [13:39]
troc even reddit is aware of the dangers of too few and big pools [13:39]
bgupta and when deepbit got close to 50% a bunch of miners left [13:39]
mircea_popescu obviously as market matures, idiots get pushed out, more money more competence etc stuff will improve. [13:39]
mjr_ also...at the end of the day, miners, and all bitcoin users do rely on the software used to run the network [13:39]
mircea_popescu but that doesn't change what things are yet. [13:39]
fdas ;; ticker [13:39]
gribble BTCUSD ticker | Best bid: 137.10522, Best ask: 137.98997, Bid-ask spread: 0.88475, Last trade: 137.98997, 24 hour volume: 119771.38207326, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69450 [13:39]
mjr_ so if someone releases something that is obviously borked [13:39]
mjr_ not that this was the case [13:40]
mjr_ i thought the roll back was stupid...why go to the incorrect chain [13:40]
mircea_popescu mjr_ i don't think they had a choice tbh. [13:40]
mjr_ why not force old version to upgrade [13:40]
mjr_ well...i think there is always a choice, but i also think most are too stupid to make one, but no choice is a choice [13:40]
mjr_ a choice for the status quo [13:40]
mjr_ i wonder...what would have happened if they hadn't...hard to tell at this point [13:41]
TradeFortress so tons of drama over betsofbitco.in marking BFL shipping apr 1 as draw :P [13:41]
ChaangNoi mp btc guild pays for orphand blocks, he lost the 1k oins not the miners [13:41]
mjr_ well, they tried to game the system [13:41]
mircea_popescu ChaangNoi doesn't change much in the equation [13:42]
TradeFortress ChaangNoi, didn't gmaxwell or gavin donate it? [13:42]
TradeFortress to pools affected. [13:42]
mircea_popescu (and gavin paid him iirc anyway - moar central planning nonsense() [13:42]
TradeFortress central planning from his own coins so. [13:42]
mircea_popescu TradeFortress draw ? how is it a draw ?! [13:42]
mjr_ TBH i think that most people cannot face this brave new world [13:42]
TradeFortress mircea_popescu, I'm guessing owner bet a lot of coins on them shipping. [13:43]
ChaangNoi i was not picking a side here, just correcting what was said [13:43]
mjr_ and we will see banks that use bitcoins, deposit insurance, chargebacks etc [13:43]
mircea_popescu TradeFortress ok but it creatges this pernicious "listen to us and we'll insulate you ferom marketplace effects". it's how clinton destroyed the us banking sector [13:43]
mircea_popescu "lend to black people no matter what" [13:43]
mjr_ lol [13:43]
mircea_popescu now the dems don't want to sell their own houses wives and daughters to pay for it [13:43]
mircea_popescu cause ... why, right ? [13:43]
mjr_ hey, you can ask me to lend to whoever you want...if i do it...my fault [13:43]
mircea_popescu TradeFortress nasty shit. [13:44]
mjr_ if you force me, your fault [13:44]
mircea_popescu kakobrekla ^ check it out lol [13:44]
mircea_popescu mjr_ what if i tell you that [13:44]
bgupta mpoe bots base prices on 24 hour moving average? [13:44]
mjr_ no force in btc, acquiescence but not force [13:44]
mircea_popescu a. i am your regulator, if you don't i'll fuck you with my nonsensical regulations [13:44]
mircea_popescu and b. if you do do it i will insulate you from market downturn [13:44]
mircea_popescu ? [13:44]
mircea_popescu bgupta yes [13:44]
mjr_ does that not change the payout spectrum in your favor to do it [13:44]
TradeFortress mircea_popescu, that is a problem when there's really only one bitcoin client [13:44]
TradeFortress what would have happened if not everyone used satoshi client [13:45]
mircea_popescu TradeFortress very much so. [13:45]
ThickAsThieves $avg [13:45]
mpexbot ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information. [13:45]
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TradeFortress answer: nothing would have happened, 10% of the users would be unable to trust transactions until they upgrade. [13:45]
mjr_ in the future that will happen...but you will still have issues where people rely on software and are beholden to the developers of said software [13:45]
ThickAsThieves ;;ticker [13:45]
gribble BTCUSD ticker | Best bid: 135.50000, Best ask: 135.84774, Bid-ask spread: 0.34774, Last trade: 135.30003, 24 hour volume: 119771.38207326, 24 hour low: 103.75000, 24 hour high: 147.00000, 24 hour vwap: 120.69450 [13:45]
TradeFortress mjr_ I still don't like how I can't use v0.3 or something. and not be able to get on the bitcoin network [13:45]
pizzaman1337 ;;bc,24hprc [13:45]
bgupta TradeFortress: bitcoincharts are down so bots can't quote [13:46]
gribble Error: Failed to retrieve data. Try again later. [13:46]
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TradeFortress Oh joy. [13:46]
pizzaman1337 :( [13:46]
mjr_ TradeFortress: you can create your own version that gives you what you like about v3 and make it compatible...this is my point, software is not a right [13:46]
TradeFortress mjr_ backward compatibity should be a right IMO [13:47]
TradeFortress I can send emails fine using ancient software. [13:47]
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jurov ;;calc 0.00068373*150 [13:50]
gribble 0.1025595 [13:50]
jurov s.mpoe at $0.01 already [13:50]
jurov er.. $0.1 [13:51]
jurov what about bet when it reaches dollar parity? lol [13:52]
mjr_ TradeFortress: i agree...but in a capitalistic sense, you can choose what people offer or make your own, i think for long term adoption backward compatiblity is of course necessary [13:52]
assbot [HAVELOCK] [SDICE] 1 @ 0.35499999 BTC [+] [13:53]
mjr_ but this cuts to the core of my point, everyone relies on software developers, unfortunately the software doesn't spring fully formed from the sea foam [13:53]
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TradeFortress mjr_, unless, rpc standard [13:54]
TradeFortress who cares what software you use [13:55]
mjr_ TradeFortress: true, and i think that should be where it goes [13:55]
mjr_ but even so, someone releases their version and it works until it doesn't...issues arise and people vote with their feet and dollars [13:55]
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mjr_ its survival of the fittest, but that doesn't always mean pure ideas, that can mean influence [13:55]
troc hmm at least SMTP has rfcs, suppose we are rehashing what was said after the fork. [13:56]
mjr_ VHS was more fit than BetaMax, even though it was worse as a technology [13:56]
mjr_ from my perspective, what survives is what should have survived, a little tautological i know, but that is how the world works [13:56]
mjr_ the victors write the history books [13:57]
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Bugpowder heh [13:59]
Bugpowder I thought it got crazy before I went to bed [13:59]
mjr_ lol Bugpowder: you set them at 119 or 117? [13:59]
Bugpowder I sold some at 121 and 123 [13:59]
Bugpowder oope [13:59]
mjr_ nice [13:59]
Bugpowder mpoebot is down? [13:59]
mjr_ yes [13:59]
mjr_ cuz bitcoincharts is down [14:00]
pizzaman1337 it'd be nice to have some kind of backup [14:00]
Bugpowder well [14:00]
pizzaman1337 you can almost ddos mpex just by ddos'ing bitcoincharts [14:00]
Bugpowder its probablybetter for mircea_popescu's wallet if it is down :-P [14:00]
mircea_popescu pizzaman1337 only the options :p [14:01]
pizzaman1337 options get the most volume, don't they? [14:01]
mircea_popescu not really. [14:01]
mircea_popescu depends. last month i think they did yea [14:01]
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Bugpowder this is rediccccc [14:02]
ThickAsThieves who is buying all these coins, yeesh [14:02]
mjr_ thats whats weird [14:02]
ThickAsThieves ;;bc,stats [14:02]
gribble Current Blocks: 229470 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 353 blocks | Next Difficulty In About: 1 day, 22 hours, 48 minutes, and 23 seconds | Next Difficulty Estimate: 7770171.80365 | Estimated Percent Change: 16.045 [14:02]
mircea_popescu running up again eh ? silly peoples. [14:02]
mjr_ there is another goxlag that we don't measure quite as well [14:02]
jurov ThickAsThieves: http://www.reddit.com/r/Bitcoin/comments/1bkhj5/it_cant_be_daytraded/ [14:02]
jurov it's probably fake but prolly not [14:03]
mircea_popescu http://bitcoinity.org/markets [14:03]
mjr_ people who saw cnbc yesterday or the day before...they can't even get into gox for like 10 days maybe [14:03]
mircea_popescu the bid/ask volumes tho... lol [14:03]
jurov european exchanges could accept western union from the US ... hell, even cash in mail would be faster [14:05]
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mircea_popescu jurov americans are insane about their little country. [14:06]
mircea_popescu would rather eat paper there than get out. [14:06]
ThickAsThieves we all knew bitcoin could hit meteoric rises [14:06]
ThickAsThieves its scary [14:06]
bgupta http://www.businessinsider.com/why-bitcoin-is-like-no-other-bubble-weve-seen-before-2013-4 [14:06]
jurov meteors fall, not rise, I guess? [14:06]
mjr_ lol that is a great point jurov [14:07]
ThickAsThieves oh geez [14:07]
ThickAsThieves i'll have to be more careful [14:07]
mircea_popescu haha what a turn lol [14:07]
bitesak ;;ticker [14:07]
gribble BTCUSD ticker | Best bid: 139.78888, Best ask: 140.00000, Bid-ask spread: 0.21112, Last trade: 140.00000, 24 hour volume: 122604.42532157, 24 hour low: 104.97500, 24 hour high: 147.00000, 24 hour vwap: 122.42927 [14:07]
troc meteors do both, meteorites fall from an earth perspective. [14:07]
troc whats the mtgox queue like now ? >9k ? [14:08]
Bugpowder so when do the real holders start to cash out [14:09]
ThickAsThieves what happens if prices shoots to 200, and it just holds [14:09]
ThickAsThieves is this impossible? [14:09]
Bugpowder too many people with 100k of coins [14:09]
jurov lol, there's a deposit queue on coinbr, too [14:09]
Bugpowder 100k coins [14:09]
Bugpowder just waiting [14:09]
mircea_popescu Bugpowder the problem is they kinda don't want to. [14:10]
mircea_popescu this is a very dangerous non=participatory run-up by now [14:10]
Bugpowder I talked to someone that holds 100k last night [14:11]
mircea_popescu in that a bunch of noobs / "daytraders" in their own mind are cycling the same btc among each other at the exchanges [14:11]
mjr_ "You need to be a special kind of an idiot to implement system as slow and fucked up as mtgox's." -reddit [14:11]
Bugpowder getting tempted of shaving of a bit [14:11]
mircea_popescu and when they finally panic they'll expect actual players to buy from them. [14:11]
mircea_popescu it won't happen over 100. [14:11]
mircea_popescu so basicvally... any dollar over 100 anyone pays on a btc is a dollar lost. [14:11]
Bugpowder argh [14:12]
Bugpowder I wish I was trusted [14:12]
troc depends on the assumption that it is sheeple day traders [14:12]
mjr_ and it also depends on the demand dropping off way before the new adopters get in [14:12]
mircea_popescu demand is fueled by price increase expectation. [14:13]
mjr_ yes [14:13]
mircea_popescu thus a classical bubble. [14:13]
mjr_ yes [14:13]
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mircea_popescu well... it won't work. [14:13]
mjr_ but there are emergent phenomena [14:13]
ThickAsThieves ;;market --sell 100000 [14:13]
gribble A market order to sell 100000 bitcoins right now would net 7998039.7682 USD and would take the last price down to 36.0500 USD, resulting in an average price of 79.9804 USD/BTC. | Data vintage: 0.0044 seconds [14:13]
mjr_ and in this case bitcoin is so small that the fuel supply is huge [14:13]
mircea_popescu ^ [14:13]
troc shame there are no stats mtgox demographic [14:13]
mircea_popescu mjr_ it's not really that huge. [14:14]
mircea_popescu all it takes is telling the few dozen people with money to stfu already. [14:14]
mjr_ the entire world economy? [14:14]
mircea_popescu the reddit crowd of 50k people with 50 bux each is irrelevant. [14:14]
mjr_ that is the fuel available [14:14]
mircea_popescu notrly [14:14]
mjr_ how? everyone with fiat could buy bitcoins [14:14]
mjr_ if they chose to [14:14]
Bugpowder I wish I had confidence that gox wont explode with my money [14:14]
mjr_ now, as they learn more and more [14:15]
mircea_popescu mjr_ yeah. and every single guy could get a hot girl [14:15]
mjr_ more may choose to [14:15]
mircea_popescu if he chose to. [14:15]
mircea_popescu except not how things work irl. [14:15]
mjr_ not the same at all [14:15]
mjr_ i have x amount of cash, i CAN buy a bitcoin [14:15]
mircea_popescu no you can't. [14:15]
Bugpowder fast cash is out [14:15]
mjr_ how can i not buy a bitcoin? i guaranttee i can buy one right now [14:15]
mircea_popescu on what, coinbase ? :D [14:15]
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mjr_ no probably bitfloor or bitinstant [14:16]
mjr_ within the hour...usually [14:16]
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mircea_popescu you know what i mean. [14:16]
mjr_ point being, the number of possible adopters is orders of magnitudes higher than current adopters [14:16]
mircea_popescu sure. [14:16]
mjr_ so the possible new speculators is huge [14:17]
mircea_popescu but they don't have to all do it right nao [14:17]
mircea_popescu nor should they. [14:17]
mircea_popescu speculators are not adopters. [14:17]
mjr_ and as it looks like a "sure thing" that number will increase [14:17]
mircea_popescu and retarded trend followers are NOT speculators. [14:17]
mjr_ IMO whoever buys one has "adopted" it [14:17]
mircea_popescu that's too loose for this convo i think [14:17]
mjr_ perhaps true [14:17]
mjr_ but the point is this...critical mass [14:17]
mircea_popescu by that logic every time i pay a waitress i'm getting married [14:17]
mjr_ huh? that doesn't follow [14:17]
mircea_popescu money changing hands does not necessarily reflect any sort of adoption [14:18]
mjr_ i now own a bitcoin...i am a part of the bitcoin economy [14:18]
mircea_popescu arguably. [14:18]
mjr_ i can sell immediately [14:18]
mjr_ i may not be a long term believer [14:18]
mircea_popescu so then what have you adopted ? [14:18]
mircea_popescu mtgox ? [14:18]
mjr_ its like ants and brains [14:18]
mjr_ from this low level base speculation [14:19]
mjr_ ecnomies of scale form and emerge [14:19]
mircea_popescu economies of scale are a property of production [14:19]
mjr_ phenomena where things that weren't possible become possible [14:19]
mircea_popescu that has nothing to do with financial speculation. [14:19]
mjr_ for exapmle, i'm western union...i can't move any signifigant amount of money over btc network [14:19]
mjr_ oh wait, now i can...adopt [14:19]
mjr_ furthering the rise [14:20]
mjr_ and creating a platform for the next person to see that it now makes sense for them [14:20]
mircea_popescu the market cap hasn't been the limiting factor since mid feb. [14:20]
mjr_ well...we have seen bitpay process 5 million dollars in one month [14:20]
mircea_popescu i understand what you're saying but i think you're focusing on relatively small signals [14:20]
mircea_popescu whereas there's much larger ones painting a diff picture. [14:20]
mjr_ and i agree...i'm just saying that this is the network effect in action [14:21]
mircea_popescu not really. [14:21]
mjr_ every person buying one bitcoin not only gets one bitcoin they also create a positive externality [14:21]
mircea_popescu this is just a bunch of poor and desperate people who are unemployed and stuck with their computer in a barely furnished apartment [14:21]
mircea_popescu hoping they've finally found the way out of the hole. [14:21]
mircea_popescu it is not that. [14:21]
mjr_ irrelevant [14:21]
mjr_ like saying every person who works a minimum wage job is not part of US economy [14:22]
mircea_popescu not really. [14:22]
mjr_ they are not a large part, but as a group they make up a large portion [14:22]
mircea_popescu that's not the point tho. the point is that people are buyingsomething they can't afford and haven't researched on the unfounded hope that it will "go up more". [14:22]
mircea_popescu this will fuck them over. [14:23]
Bugpowder ;;bids 0 [14:23]
gribble There are currently 41174385 bitcoins demanded at or over 0.0 USD, worth 10050755.7489 USD in total. | Data vintage: 0.0106 seconds [14:23]
mircea_popescu there is no point discussing events and externalities and whatever else. fuck them over, it will. [14:23]
mjr_ i agree [14:23]
mircea_popescu now that aside, higher mkt cap is great, sure. [14:23]
mjr_ but this is what i was saying...if everyone tomorrow says "i heard of this thing called bitcoin, i will get 1 bitcoin" and there are a million of them [14:23]
mircea_popescu people with a clue priced out of the market by the lemming mania isn't quite as great, [14:24]
mjr_ that is a hundred million dollars more in the bitcoin economy [14:24]
mircea_popescu but they'll live. [14:24]
mjr_ signifigant, though each person did something minor [14:24]
mircea_popescu it's not 1mn worth of bitcoin economy. [14:24]
mircea_popescu it's 1mn worth of bitcoin fiat value. [14:24]
mjr_ fair distinction [14:24]
mircea_popescu and this is why the entire adoption thing is so important. [14:24]
mjr_ i totally agree [14:24]
mircea_popescu if all they do with their bitcoin is try and resell it ... [14:24]
mircea_popescu it could have been a fucking vase. [14:24]
mjr_ but this is bootstrapping 101 [14:24]
mircea_popescu it doesn't need to be bitcoin for that purpose [14:25]
bgupta I tend to agree, that there is a share of people out there buying this shit with money they can't afford to lose. Including So EU folks. However, I do wonder if "real money" will at some point also chose to dip their toes in the water? [14:25]
mircea_popescu they could go resel tulips [14:25]
mjr_ yes...but tulips didn't actually exist [14:25]
bgupta heh apt analogy [14:25]
mircea_popescu bgupta you think it hasn't so far ? [14:25]
mjr_ they were trading tulip futures and options on tulips that had never been created and never would [14:25]
mircea_popescu right. [14:25]
mjr_ these bitcoins exist [14:25]
mircea_popescu so why bother with bitcouin, if you wanna pyramid go trade moonrocks. [14:25]
mjr_ so i don't think that is an apt analogy [14:25]
bgupta with a 1.3 billion marketcap? [14:25]
mircea_popescu actually, go trade ltc. [14:25]
mjr_ you could do that [14:26]
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bgupta ok maybe their little toes [14:26]
mjr_ my point is this, it is too early and most are too stupid to understand [14:26]
mjr_ so buy one [14:26]
mircea_popescu bgupta fucking fate of doom, trying to protect bitcoin from attacks. [14:26]
mjr_ and hold it [14:26]
mjr_ and see what happens with some skin in the game [14:26]
mjr_ most people would say sure why not [14:26]
mjr_ and as far as this distinction between fiat and bitcoin [14:26]
mjr_ what difference does it make if i hold 4 5's or one twenty [14:27]
mjr_ fiat is making change [14:27]
mjr_ that is why the ATM is so important [14:27]
mircea_popescu 500 - Internal server error - Bitcoin Charts [14:27]
mjr_ hold money in bitcoin, transfer money with bitcoin, withdraw in local currency [14:27]
mircea_popescu that thinfg is becoming a study in creative ways to fail [14:27]
mjr_ not sure about their implementation, but the idea is sound...same as trading "demand deposits" for cash [14:28]
assbot [MPEX] [O.USD.C101T] 5 @ 0.27296125 = 1.3648 BTC [+] [14:28]
mircea_popescu Italian police have seized a record (EURO)1.3 billion ($1.7 billion) in cash and property from a single person, a Sicilian alternative energy entrepreneur alleged to have close ties to the Mafia. [14:28]
mircea_popescu heh [14:28]
mjr_ bitcoin is layer 2, maybe 3 in a financial OSI model [14:28]
mjr_ we need layer 7 to emerge [14:29]
KRS1337 lol mjr [14:29]
mircea_popescu seems italy is balancing its budget roman empire style. [14:29]
KRS1337 how can the network keep up with transactions? transactional data from visa alone is mind boggling. [14:30]
KRS1337 i never understood how ppl can call it a currency, maybe theres something im not understanding. [14:30]
mjr_ currency is the medium of exchange [14:30]
KRS1337 like..it takes a while sometimes to transfer btc just from one point to another [14:31]
mjr_ less time than mailing an envelope of cash [14:31]
KRS1337 right but how can the network keep up [14:31]
mjr_ this is the point [14:31]
KRS1337 what about buying gas [14:31]
jurov KRS1337: even medium businesses can easily keep up with blockchain growing 1TB/month [14:31]
mjr_ do people use fedwire for everytransaction? [14:31]
KRS1337 am i supposed to wait there while the gas station receives my btc? [14:31]
mjr_ no [14:31]
mjr_ eventually [14:31]
KRS1337 i dun see it.. [14:31]
jurov but easy turnkey solution needs to be engineered [14:32]
mjr_ you will have services that will have enough trust or deposit to be able to do 0 conf [14:32]
mjr_ for example, i have done business with you every day [14:32]
mjr_ i don't need to wait [14:32]
KRS1337 lol yeaaah [14:32]
mjr_ its not even that i trust you as a person [14:32]
KRS1337 tourism? [14:32]
KRS1337 idk [14:32]
mjr_ i just trust that you don't have the ability to double spend (not trivial) [14:32]
KRS1337 dont see it [14:32]
KRS1337 trust...heh [14:32]
KRS1337 just like i was trusting my friend about mining til i realized he was trolling me to buy my gpu's [14:33]
KRS1337 friend of 25 yrs [14:33]
mjr_ as in, pulling off a successful double spend in real life after a face to face transaction is probably very difficult, AND not worht it [14:33]
mircea_popescu let's get back to what the blaze does well, cause btc not rly : http://www.theblaze.com/stories/2013/04/03/man-who-gave-birth-to-three-babies-unsuccessfully-begs-for-a-divorce-in-this-odd-legal-conundrum/ [14:33]
KRS1337 i dont see the network at this point to keep up with transactional data sufficient for btc to be a currency..doubt it will evar be there =( [14:34]
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mjr_ KRS1337 that is the point...the network doesn't have to [14:35]
mjr_ banks use fedwire to move around the DELTA from their days transactions, they aggregate and net the transactions first [14:35]
mjr_ and most businesses will have to do that too [14:35]
KRS1337 i dont see btc getting from me to you with that model. [14:36]
mjr_ the same way that mt gox does not publish to the block chain for EVERY trade [14:36]
mjr_ and yet it does, right now [14:36]
mjr_ every day [14:36]
KRS1337 u are talking about having an account with every merchant [14:36]
mjr_ no [14:36]
mircea_popescu mjr_ amuysingly, people are still proposibng that bitcoin financials be handled by "colored coins:" [14:36]
mjr_ i'm talking about you having one account [14:36]
KRS1337 oh see then theres stuff im not understanding [14:36]
mjr_ for example, if i have a gox account, and everyone trusts gox, they can take my transaction without even hitting the blockchain [14:37]
KRS1337 first its the "colored" coins then its..."whites" only accepted here ma'am [14:37]
mjr_ this is what i was saying about "bitcoin is layer 1 or 2 maybe 3 of the financial OSI model" [14:37]
mjr_ gox would be like a layer 4 [14:37]
TradeFortress mjr_ and I strongly think it'll happen [14:37]
KRS1337 ohhhhhhhhhhhhh i see [14:37]
KRS1337 I gottcha =D [14:37]
mjr_ and eventually we will see layers 5-7 [14:37]
KRS1337 yep [14:37]
mjr_ anyway, i have to do some work, but i like the anarchy of a free market, whatever happens is supposed to happen, how well you do depends on your skill and risk profile [14:38]
mjr_ financial darwinism [14:38]
KRS1337 have a good one =D [14:38]
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assbot [MPEX] [O.USD.C047T] 4 @ 0.75 = 3 BTC [14:43]
mircea_popescu deposits flushed. [14:45]
ThickAsThieves litecoin at .043 [14:47]
ThickAsThieves stop the madness [14:47]
KRS1337 huh [14:48]
KRS1337 litecoin at 5.48 [14:48]
KRS1337 does btc drive ltc or something or is this spec [14:48]
mircea_popescu https://bitcointalk.org/index.php?topic=2151.msg28228#msg28228 this made me think of jurov. [14:48]
assbot [BTCTC] [B.YABMC] 1 @ 0.01002 BTC [-] [14:55]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.788 BTC [+] [14:56]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7888 BTC [+] [14:56]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+] [14:56]
error4733 !last h vtx [14:56]
assbot Last trade for VTX on HAVELOCK was at 0.479955 BTC [+] [14:56]
error4733 !last m s.dice [14:56]
assbot Last trade for S.DICE on MPEX was at 0.00310001 BTC [-] [14:56]
error4733 !ticker m s.dice [14:57]
assbot [MPEX:S.DICE] 1D: 0.00310001 / 0.00367057 / 0.00400173 (23221 shares, 85.23 BTC), 7D: 0.0031 / 0.00331136 / 0.00448 (714710 shares, 2,366.66 BTC), 30D: 0.00300001 / 0.004241 / 0.006225 (1567539 shares, 6,647.93 BTC) [14:57]
* jMyles has quit (Read error: Connection reset by peer) [14:58]
ThickAsThieves ;;bc,24hprc [15:00]
gribble Error: Failed to retrieve data. Try again later. [15:00]
ThickAsThieves ;;goxlag [15:00]
gribble MtGox lag is 8.573174 seconds. During this time, light travels 0.017180544706 AU. You could have sent a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU). [15:00]
assbot [BTCTC] [S.DICE-PT] 20 @ 0.00479 = 0.0958 BTC [+] [15:04]
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assbot [BTCTC] [S.DICE-PT] 21 @ 0.0048 = 0.1008 BTC [+] [15:07]
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error4733 so where is this guy, shortinb BTC @ 34$ ?? [15:17]
error4733 shorting* [15:17]
Bugpowder he's gone [15:17]
assbot [HAVELOCK] [SDICE] 1 @ 0.355 BTC [+] [15:18]
Bugpowder Edmonton [15:18]
Bugpowder off in the tar sands [15:18]
assbot [BTCTC] [GSDPT] 100 @ 0.00362 = 0.362 BTC [-] [15:18]
Bugpowder driving a new truck [15:18]
error4733 and watch behind him every 5 min. [15:19]
error4733 watching* [15:19]
Bugpowder cmon gox [15:19]
Bugpowder clear mah shit [15:19]
assbot [BTCTC] [BITVPS] 1 @ 0.00301 BTC [-] [15:19]
assbot [BTCTC] [BITVPS] 1 @ 0.00301 BTC [-] [15:20]
assbot [BTCTC] [BITVPS] 98 @ 0.003 = 0.294 BTC [-] [15:20]
Bugpowder did we just freaking stabilize at 140 [15:21]
ThickAsThieves $avg [15:21]
Bugpowder ;;bids 0 [15:22]
mpexbot ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information. [15:22]
gribble There are currently 41100820 bitcoins demanded at or over 0.0 USD, worth 10190648.8699 USD in total. | Data vintage: 0.0108 seconds [15:22]
unbalanced_ North America is arriving at its desk. [15:23]
mjr_ ltc ftw? [15:24]
mjr_ shorting at 34 :( poor guy [15:24]
mircea_popescu Bugpowder yea [15:25]
mjr_ one does not simply naked short bitcoin [15:25]
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thestringpuller $avg [15:26]
mpexbot thestringpuller: An error has occurred and has been logged. Please contact this bot's administrator for more information. [15:26]
thestringpuller ????? [15:27]
thestringpuller ;;avgprc [15:27]
gribble (avgprc ) -- Returns volume-weighted average price data from MtGox. is a three-letter currency code, is the time window for the average, and can be '24h', '7d', or '30d'. [15:27]
thestringpuller ;;avgprc usd 24h [15:27]
gribble Error: Failed to retrieve data. Try again later. [15:27]
thestringpuller srsly? [15:27]
thestringpuller dafuck [15:27]
thestringpuller ;;ticker [15:27]
gribble BTCUSD ticker | Best bid: 140.10000, Best ask: 140.59898, Bid-ask spread: 0.49898, Last trade: 140.10000, 24 hour volume: 124750.35588336, 24 hour low: 106.50004, 24 hour high: 147.00000, 24 hour vwap: 123.35842 [15:27]
mjr_ could they make the bots sound like the unsullied in game of thrones? [15:29]
mjr_ (more accurately in the series a song of ice and fire) [15:29]
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mircea_popescu "The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit" [15:39]
mircea_popescu totally. [15:39]
Bugpowder Also Teslas. [15:39]
Bugpowder http://www.teslamotors.com/true-cost-of-ownership [15:39]
Bugpowder Why do I get the feeling that the reason the gox price is over 140 is because THEY AREN'T CLEARING BTC DEPOSITS. [15:40]
kakobrekla dont worry they are clearing wires as well [15:40]
kakobrekla arent [15:40]
Bugpowder they are probably making me thousands of dollars right now [15:41]
Bugpowder by this delay [15:41]
mircea_popescu http://bitcoinity.org/markets [15:41]
kakobrekla you gonna dump? [15:41]
mircea_popescu have you looked at the ask side ? [15:41]
assbot [HAVELOCK] [SDICE] 4 @ 0.355 = 1.42 BTC [+] [15:43]
mircea_popescu "Luke Jr. was not only evasive in the thread linked, but he also went out of his way to deceive. He also deserves a scammer tag IMO, but I guess that's a seperate matter." [15:43]
mircea_popescu hey, people are starting to notice luke isn't really trustworthy at all ?! [15:43]
mircea_popescu im amazed. [15:43]
SomeoneWeird +1 [15:43]
kakobrekla well its church going people, what can you expect [15:43]
ThickAsThieves ;;ticker [15:44]
gribble BTCUSD ticker | Best bid: 141.08001, Best ask: 141.08999, Bid-ask spread: 0.00998, Last trade: 141.09000, 24 hour volume: 124551.53625655, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.48914 [15:44]
mircea_popescu kakobrekla that's not even it. they have a little scam entreprise going, giga propping bfl, bfl giving money to luke, iot's an entire nest of fuckwittery. [15:46]
mircea_popescu but they're getting squeezed and yes i see sentences in their future. [15:47]
mircea_popescu i would guess after their unmitigated failure of epic proportions trying to attack sdice they should sorta get exactly how deep in the shit they be. [15:47]
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ThickAsThieves ;;nethash [15:58]
gribble 62896.7954203 [15:58]
mjr_ vires in numeris :) [16:06]
assbot [MPEX] [O.USD.C164T] 1 @ 0.12092692 BTC [16:07]
Schadenfreude ;;ticker [16:08]
gribble BTCUSD ticker | Best bid: 141.10430, Best ask: 141.60000, Bid-ask spread: 0.49570, Last trade: 141.60000, 24 hour volume: 125115.26791435, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.71988 [16:08]
Schadenfreude Doesn|t [16:08]
Schadenfreude Doesn't look like it's correcting today [16:09]
Bugpowder ITS CORRECTING TO ITS TRUE VALUE $100000 [16:09]
Schadenfreude Might be painful if the bubble is fueled by the stream of just verified mtgox users [16:10]
mjr_ should be interesting [16:11]
mjr_ i don't think most of the money showed up to the party yet [16:11]
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bitesak april 5th for the coinlabs it seems [16:13]
Bugpowder based on what/ [16:13]
Bugpowder I signed up in the first hour [16:14]
assbot [BTCTC] [PAJKA.BOND] 5 @ 0.105 = 0.525 BTC [+] [16:14]
Bugpowder heard nothing so far [16:14]
Bugpowder bot is back [16:14]
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Bugpowder DO U THINK THIS BUBBLE IS DUE TO THE FB TIPPING APP? [16:18]
mircea_popescu 2001-09-12 02:55:42 Arch [1612111] D ALPHA monitor@ccbill.c|report2.ccbill.com: Load high|Load averages high on report2.ccbill.com: 42.54 14.58 24.08 Tue Sep 11 23:56:01 MST 2001 [16:19]
bitesak on their page I think, that buys were delayed until funds cleared on the 5th [16:20]
mircea_popescu lmao on sept 11 ccbill (pron processor) was having load issues [16:20]
mircea_popescu 2001-09-12 02:56:00 Arch [1425048] C ALPHA 300~MPfetchData:openConnectionToManager:ERROR CONNECTING:192.168.35.97 : www36 connectToServerPort:socket/socket timed out at /home/crdtdrv/creditderivatives/script/MPfetchData.pl line 342, chunk 192972. [16:21]
mircea_popescu that also sounds happy. [16:21]
mircea_popescu anyway. the new wikileaks is fun. [16:21]
TomServo new? [16:22]
TomServo huh, have they really not released anything this year yet? [16:22]
TomServo ;;goxlag --au [16:22]
gribble (goxlag [--raw]) -- Retrieve mtgox order processing lag. If --raw option is specified only output the raw number of seconds. Otherwise, dress it up. [16:22]
TomServo ;;goxlag [16:22]
gribble Error: Problem retrieving gox lag. Try again later. [16:22]
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mircea_popescu TomServo buncha crap imo [16:23]
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assbot [MPEX] [S.DICE] 300 @ 0.0035 = 1.05 BTC [+] [16:25]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7889 BTC [+] [16:27]
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TomServo whups, mtgox 'bad gateway' [16:30]
mircea_popescu aww [16:31]
assbot [HAVELOCK] [VTX] 10 @ 0.4151 = 4.151 BTC [-] [16:32]
mjr_ greed, for lack of a better word, is good... [16:32]
assbot [HAVELOCK] [VTX] 9 @ 0.415 = 3.735 BTC [-] [16:33]
pigeons what's the word on this bitcoin-central stuff? I haven't been following. i guess finally people won't use rails. [16:33]
thestringpuller mircea_popescu: why is bot only quoting half the time? [16:34]
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mircea_popescu thestringpuller no ? [16:39]
mircea_popescu pigeons they've not said. [16:39]
thestringpuller ;;ticker [16:40]
pgp err... gox down? [16:40]
gribble Error: Failure to retrieve ticker. Try again later. [16:40]
thestringpuller probably [16:40]
thestringpuller lol [16:40]
pgp lag is one thing, but when was the last time that the website was down? [16:41]
assbot [MPEX] [O.USD.P149T] 1000 @ 0.53221009 = 532.2101 BTC [16:41]
assbot [MPEX] [O.USD.P146T] 1000 @ 0.50349593 = 503.4959 BTC [16:41]
mircea_popescu mother of god [16:41]
assbot [MPEX] [O.USD.P143T] 1000 @ 0.47535254 = 475.3525 BTC [16:41]
thestringpuller a few days ago [16:42]
thestringpuller are those sells? [16:42]
assbot [MPEX] [O.USD.P140T] 718 @ 0.44780886 = 321.5268 BTC [16:42]
mircea_popescu no, they are buys [16:42]
mircea_popescu $vwap ^oix [16:42]
mpexbot mircea_popescu: ^OIX 1 day: no data 7 day: average: 104.38442482 high: 139.37849244 low: 93.3570601 volume: 14875 btc: 6862.82806499 30 day: no data [16:42]
pgp that's a lot of puts... [16:42]
mircea_popescu if mtgox comes out with a hack... [16:43]
[\] mircea_popescu: I'll have properly called it. [16:43]
pgp then it might just eb the trade of the century [16:43]
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mircea_popescu [\] sigh [16:43]
[\] you know its coming [16:44]
[\] they handle thousands of btc [16:44]
[\] and if they're all valued at $125 per [16:44]
pgp you'd think that there would eb selling on the other exchanges... [16:44]
[\] thats a pretty juicy target [16:44]
[\] but for the record, mtgox.com loads for me [16:44]
assbot [HAVELOCK] [VTX] 5 @ 0.4 = 2 BTC [-] [16:45]
[\] oh look, we're at $141 [16:45]
thestringpuller if mtgox goes hella down long term like tradehill price will plummet [16:45]
KRS-1 shhh [16:46]
[\] ;;rate thestringpuller -1 uses the word 'hella' [16:46]
gribble Error: For identification purposes, you must be authenticated to use the rating system. [16:46]
Scrat ;;rate thestringpuller 1 hella cool [16:47]
gribble Error: For identification purposes, you must be authenticated to use the rating system. [16:47]
thestringpuller the coinlab deal can't happen fast enough [16:47]
thestringpuller lol [16:47]
mjr_ gox is up for me [16:47]
thestringpuller ;;ticker [16:48]
gribble Error: Failure to retrieve ticker. Try again later. [16:48]
thestringpuller they cut off api, is bitcoinity.org up? [16:48]
mircea_popescu the coinlab deal can't happen << yeah [16:48]
pgp up, but no fresh data [16:49]
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pgp last trade 39 min ago... [16:49]
Scrat because making a trading engine that doesn't die with the slightest hint of traffic is ROCKET SURGERY [16:49]
assbot [MPEX] [S.MPOE] 6200 @ 0.00068037 = 4.2183 BTC [-] [16:50]
assbot [MPEX] [S.MPOE] 8450 @ 0.00069259 = 5.8524 BTC [+] [16:50]
mircea_popescu Scrat you're just jealous because they're your competitor. [16:53]
pgp it just sucks for the bitcoin community as a whole when this shit happens [16:54]
mjr_ it's socket science actually [16:54]
pgp word [16:54]
bgupta n mtgox-rt [16:54]
mjr_ ;;calc 1777.64s / 60 [16:55]
gribble Error: invalid syntax (, line 1) [16:55]
Scrat mircea_popescu: I fucking wish I could become a competitor. sadly the amount of red tape and paperwork to pull it off is otherwordly [16:55]
mjr_ ;;calc 1777.64s/60 [16:55]
gribble Error: invalid syntax (, line 1) [16:55]
ThickAsThieves ;;ticker [16:55]
mjr_ ;;calc 1777.64/60 [16:55]
gribble 29.6273333333 [16:55]
[\] lol @ rocket surgery [16:55]
gribble Error: Failure to retrieve ticker. Try again later. [16:55]
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mircea_popescu Scrat im just freely distributing that nonsense, i got a whole semi's worth [16:57]
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error4733 ;;ticker [17:03]
gribble Error: Failure to retrieve ticker. Try again later. [17:03]
error4733 BTCUSD ticker | Best bid: 189.40000, Best ask: 189.89898, Bid-ask spread: 0.49898, Last trade: 189.40000, 24 hour volume: 124750.35588336, 24 hour low: 106.50004, 24 hour high: 147.00000, 24 hour vwap: 123.35842 [17:03]
mod6 wat [17:03]
error4733 :trollface: [17:03]
Scrat error4733: oh u [17:03]
pigeons well at least s.dice is up [17:04]
mod6 haha [17:04]
mod6 im like 189?! [17:04]
mircea_popescu lol [17:04]
mod6 <--- chowned [17:04]
mircea_popescu aptly named error [17:04]
nanotube haha [17:04]
pigeons ;;goxlag [17:04]
gribble Error: Problem retrieving gox lag. Try again later. [17:05]
nanotube we're probably out to neptune by now. [17:05]
ThickAsThieves whoa [17:06]
mircea_popescu ;;goxlag[goxlag] [17:06]
gribble Error: Problem retrieving gox lag. Try again later. [17:06]
ThickAsThieves ;;ticker [17:06]
gribble Error: Failure to retrieve ticker. Try again later. [17:06]
mircea_popescu needs recursion [17:06]
error4733 45 minutes laaaag [17:06]
ThickAsThieves wtf [17:06]
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bgupta mtgox ddos [17:07]
ThickAsThieves ddos of buyers [17:07]
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bgupta btc-e also ddos [17:07]
ThickAsThieves campbx up [17:07]
pigeons yes but that's every day for btc-e [17:08]
ThickAsThieves selling at 140 [17:08]
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assbot [HAVELOCK] [HIM] 1 @ 1.91 BTC [-] [17:13]
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assbot [HAVELOCK] [VTX] 5 @ 0.4 = 2 BTC [-] [17:14]
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jcpham mtgox is awesome sometimes [17:17]
ThickAsThieves so do we have any updates or anything [17:17]
assbot [HAVELOCK] [HIM] 1 @ 1.8799 BTC [-] [17:18]
jcpham check the tweeter [17:18]
ThickAsThieves ? [17:18]
ThickAsThieves ;;ticker [17:18]
gribble Error: Failure to retrieve ticker. Try again later. [17:18]
[\] ThickAsThieves: coming soon [17:19]
[\] in other news, bfl shipping soon [17:19]
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[\] ;;genrate 1000 [17:20]
gribble The expected generation output, at 1000.0 Mhps, given difficulty of 6695826.2826, is 0.0751074617539 BTC per day and 0.00312947757308 BTC per hour. [17:20]
error4733 yes please ship this minirig i preorder for 5000btc in august [17:20]
ThickAsThieves why do i have to auth zendesk to click twitter links now? [17:20]
jcpham ;;genrate 3000 [17:20]
gribble The expected generation output, at 3000.0 Mhps, given difficulty of 6695826.2826, is 0.225322385262 BTC per day and 0.00938843271924 BTC per hour. [17:20]
jcpham killing it [17:20]
[\] lol error4733 [17:20]
[\] ;;genrate 1500000 [17:20]
gribble The expected generation output, at 1500000.0 Mhps, given difficulty of 6695826.2826, is 112.661192631 BTC per day and 4.69421635962 BTC per hour. [17:21]
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error4733 ;;calc 5000*141 [17:21]
gribble 705000 [17:21]
ThickAsThieves funny that gox wants to add litecoin [17:21]
ThickAsThieves cant even handle bitcoin [17:21]
jcpham [\] lend me your hashes for a day [17:21]
jcpham whenever you are caught up [17:21]
jcpham just a day [17:21]
jcpham and by lend i mean gift [17:21]
[\] you can borrow them for .08/GH/Day [17:21]
assbot [HAVELOCK] [HIM] 1 @ 1.8794 BTC [-] [17:22]
assbot [HAVELOCK] [HIM] 4 @ 1.879 = 7.516 BTC [-] [17:22]
jcpham i'm confused but i agree [17:22]
[\] Send me 8BTC and I'll throw 100GH your way [17:22]
pgp this will end badly [17:22]
jcpham for how long? [17:22]
[\] an hour or 24 [17:23]
jcpham ;;genrate 100000 [17:23]
gribble The expected generation output, at 100000.0 Mhps, given difficulty of 6695826.2826, is 7.51074617539 BTC per day and 0.312947757308 BTC per hour. [17:23]
thestringpuller ;;ticker [17:23]
jcpham that's no good [17:23]
thestringpuller nopesy [17:23]
gribble Error: Failure to retrieve ticker. Try again later. [17:23]
jcpham how about 4BTC instead [17:23]
jcpham i have 4BTC [17:23]
[\] why would I use hashes for half price? [17:24]
thestringpuller lol [17:24]
jcpham friendship [17:24]
thestringpuller lolololol [17:24]
jcpham rainbows [17:24]
jcpham also unicorns [17:24]
thestringpuller oh man HIM is plummeting [17:24]
thestringpuller !ticker H HIM [17:24]
assbot [HAVELOCK:HIM] 1D: 1.87900000 / 1.95542273 / 2.04400000 (22 shares, 43.01930000 BTC), 7D: 1.80000000 / 1.92511728 / 2.08000000 (162 shares, 311.86899996 BTC), 30D: 1.40001001 / 1.80131545 / 2.08000000 (735 shares, 1323.96685265 BTC) [17:24]
[\] jcpham: https://sphotos-b.xx.fbcdn.net/hphotos-ash4/484376_10200293317748968_1988410100_n.jpg [17:25]
jcpham i would eat that unicorn poop [17:25]
gesell ;goxlag [17:25]
gesell ;;goxlag [17:25]
gribble Error: Problem retrieving gox lag. Try again later. [17:26]
gesell yeeeah [17:26]
thestringpuller wow gox has turned off all external apis [17:26]
gesell anyone know whats up? [17:26]
thestringpuller gox isn't accepting API requests [17:26]
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gesell not just external api's. The mtgox website shows the same USD price for the past hour [17:26]
Bugpowder RIP BITCOIN 4.3.2013 [17:26]
assbot [HAVELOCK] [HIM] 1 @ 1.879 BTC [-] [17:27]
deadweasel we hardley knew ye [17:27]
ThickAsThieves question is, will it fo up or down after gox is back [17:27]
ThickAsThieves go* [17:27]
thestringpuller down [17:27]
jcpham guys just remember the bitcoin isn't rocketing up [17:27]
jcpham the currency used to purchase it is rocketing down [17:27]
thestringpuller maybe 40 dollars it will go down [17:27]
thestringpuller ;;market --sell [17:27]
gribble (market sell [--usd] ) -- Calculate the effect on the market depth of a market sell order of bitcoins. If '--usd' option is given, denotes the size of the order in USD. [17:27]
Bugpowder its correcting to the proper level [17:27]
error4733 still 135$ on BTC E [17:28]
gesell we really should use "the bitcoin" instead of "bitcoin". definitely love seeing the news heads on tv say "the bitcoin" [17:28]
thestringpuller ;;market sell 10000 [17:28]
gribble A market order to sell 10000 bitcoins right now would net 1286684.1179 USD and would take the last price down to 116.2000 USD, resulting in an average price of 128.6684 USD/BTC. | Data vintage: 0.0009 seconds [17:28]
thestringpuller ;;market sell 100000 [17:28]
gribble A market order to sell 100000 bitcoins right now would net 8014161.6596 USD and would take the last price down to 35.6000 USD, resulting in an average price of 80.1416 USD/BTC. | Data vintage: 12.6226 seconds [17:28]
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thestringpuller Wouldn't take much at all [17:28]
ThickAsThieves maybe think of it this way, btc has been going up for a while, it needs to seek some sort of value where it reaches a plateau of ups and downs [17:28]
ThickAsThieves its seeking that value still [17:28]
thestringpuller well gox is going to cause the price run real quick [17:29]
ThickAsThieves if you could sell at 140 now would you? [17:31]
thestringpuller "Database access error, please retry later" [17:31]
thestringpuller i sell at all price points as it moves in and out [17:31]
thestringpuller keep coffers even [17:31]
deadweasel sold 5% at 140 this morn. [17:31]
ThickAsThieves i'm gonna sell a lil [17:32]
gesell is there an irc room for mtgox around? [17:32]
ThickAsThieves #mtgox [17:32]
thestringpuller I think coinbas is trying to buy up coins [17:32]
gesell ThickAsThieves: its closed [17:33]
Bugpowder bitcoinity has gold charts? [17:33]
ThickAsThieves oh [17:33]
Bugpowder https://bitcoinity.org/charts/gold [17:33]
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thestringpuller check it out [17:35]
thestringpuller woowoowoowoo [17:35]
Bugpowder I love that everything is down but mpoebot [17:35]
thestringpuller if you guys have calls I'd sell them [17:35]
thestringpuller lol [17:35]
Bugpowder whyy?? [17:35]
ThickAsThieves we can't sell them [17:35]
Bugpowder bot is up [17:35]
ThickAsThieves $avg [17:35]
mpexbot ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information. [17:35]
ThickAsThieves using what price? [17:36]
Bugpowder oh shit [17:36]
Bugpowder bot is mispricing [17:36]
thestringpuller sell now! [17:36]
thestringpuller lol [17:36]
pizzaman1337 doesn't seem like it's mispricing to me? [17:36]
Bugpowder oh nevermind [17:37]
kakobrekla what is the last price anyway? [17:37]
Bugpowder looking at the wrong strike [17:37]
Bugpowder lolol [17:37]
kakobrekla like 35$ ? [17:37]
pizzaman1337 I see 124.41 on bitcoincharts.com, but that's the 24h [17:37]
kakobrekla ah ok [17:37]
kakobrekla was there a massive selloff or wtf happend anyway? [17:38]
jurov mircea_popescu: there is listtransactions with since parameter now [17:38]
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ThickAsThieves my guess, is that gox couldnt keep up with deposits of any kind, so price went up [17:38]
jurov although still pretty hairy [17:38]
jurov and what heppened with gox? bitcoinity shows no heartbeat [17:39]
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ThickAsThieves my guess, is they are offline trying to catch up, and wont come back til they are comfortable [17:40]
* ThickAsThieves is your resident guess man. [17:40]
mircea_popescu gox is dead. [17:40]
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jurov "please wait a bit" lol [17:41]
thestringpuller MagicalTux says the DDos only brought it down for a second, but it's down now because people keep trying to ping it. [17:41]
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unbalanced_ Yeah keep pressing reload everyone, that'll help... [17:41]
ThickAsThieves should got cloudflare1 [17:41]
ThickAsThieves hehe [17:41]
thestringpuller i guess this is like tripping a special kid at the olympics eh mircea_popescu ? [17:41]
thestringpuller tripping a kid at the special olympics* [17:42]
Bugpowder [10:39] <@MagicalTux> actually system went down only for a short time, right now it's kept down by all the people trying to access anyway [17:42]
Scrat thestringpuller: my BS detector is redlining atm [17:42]
mircea_popescu ^ [17:43]
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ThickAsThieves ;;tslb [17:43]
thestringpuller MtGox isn't "special"? [17:43]
gribble Time since last block: 10 minutes and 1 second [17:43]
mircea_popescu it just reads to me like "we dunno wtf is going on and have no clue that we don't know" [17:43]
kakobrekla bitbet is too cheap; https://bitcointalk.org/index.php?topic=141458.msg1731120#msg1731120 [17:43]
ThickAsThieves ;;estimate [17:43]
gribble Next difficulty estimate | 7780288.78529 based on data since last change | 8775595.58404 based on data for last three days [17:43]
jurov and cloudflare won't help when 100k real ppl with real browser pound something [17:43]
thestringpuller LOL [17:44]
ThickAsThieves i kid [17:44]
Bugpowder Someone tried to sell a Black Lotus, Alpha edition card. Demand crashed Mt. Gox [17:44]
keith_hanson jurov: that, heh. Scaling is a bitch :P [17:44]
Scrat Bugpowder: lold [17:45]
mircea_popescu keith_hanson you the guy with the radio show ? [17:45]
keith_hanson mircea_popescu: I have no radio show, ha [17:46]
Bugpowder r u teh guy with the pedobusting show? [17:46]
* [\] has quit () [17:46]
keith_hanson Bugpowder: You may have me confused with another person, heh [17:47]
mircea_popescu yeah. with... keith... hanson :D [17:47]
keith_hanson Wow. That sucks. I need to SEO my name or something :P [17:48]
mircea_popescu http://www.keithontheair.com/ << for the record [17:48]
mircea_popescu nice webskills on display [17:48]
keith_hanson yeah. I see that haha [17:48]
ChaangNoi gox down? [17:49]
mod6 derp mode [17:49]
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mod6 EVERYBODY WAS KUNG-FU FIGHTING ... THOSE CATS WERE FAST AS LIGHTNING [17:50]
pizzaman1337 ;;ticker [17:50]
assbot [HAVELOCK] [HIM] 1 @ 1.87 BTC [-] [17:51]
gribble BTCUSD ticker | Best bid: 141.32000, Best ask: 141.32001, Bid-ask spread: 0.00001, Last trade: 141.32001, 24 hour volume: 123106.83272605, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.99916 [17:51]
pizzaman1337 back? [17:51]
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assbot [MPEX] [S.MPOE] 850 @ 0.00069537 = 0.5911 BTC [+] [17:52]
assbot [MPEX] [S.MPOE] 10500 @ 0.00069692 = 7.3177 BTC [+] [17:52]
assbot [MPEX] [S.MPOE] 5500 @ 0.00069822 = 3.8402 BTC [+] [17:52]
assbot [MPEX] [S.MPOE] 6700 @ 0.00069999 = 4.6899 BTC [+] [17:52]
TomServo ;;goxlag [17:52]
gribble MtGox lag is 6048.679827 seconds. During this time, light travels 12.1214866489 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU). [17:52]
TomServo ha [17:52]
Bugpowder $goxlag --au [17:52]
Bugpowder oh [17:53]
Bugpowder u beat me to it [17:53]
TomServo I dopm' [17:53]
mircea_popescu http://bitcoinity.org/markets [17:53]
mod6 SOMEONE SET US UP THE BOMB [17:53]
mircea_popescu flatline looks cute. [17:53]
TomServo don't think you need the --au anymore. [17:53]
mircea_popescu $mpexlag [17:54]
mpexbot mircea_popescu: 0.111227035522 seconds [17:54]
mod6 :] [17:54]
Bugpowder now would be a great time to troll tux in #mtgox. [17:54]
Bugpowder re mpexlag [17:54]
mircea_popescu heh. [17:54]
ThickAsThieves $avg [17:55]
mpexbot ThickAsThieves: An error has occurred and has been logged. Please contact this bot's administrator for more information. [17:55]
kakobrekla !baselag [17:56]
assbot 6 weeks. [17:56]
mircea_popescu was there a massive selloff or wtf happend anyway? < http://polimedia.us/dtng/c/src/136498390721.png [17:57]
mircea_popescu then it just went to shit from there. [17:57]
jurov and to think yesterday i mentioned goxlax all the way to Eris... [17:57]
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kakobrekla this kinda works [17:58]
kakobrekla http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected [17:58]
kakobrekla bitstamp flying blind [17:59]
bgupta of course after that graph, btc rallied back to 140/141 area, and then mtgox shit the bed [17:59]
Scrat is this for real? https://campbx.com/images/bxdaily.jpg [17:59]
Scrat or a troll [17:59]
ThickAsThieves ;;tslb [18:00]
gribble Time since last block: 3 minutes and 34 seconds [18:00]
ThickAsThieves ;;goxlag [18:01]
gribble MtGox lag is 6145.968388 seconds. During this time, light travels 12.3164518359 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU). [18:01]
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bgupta heh https://twitter.com/MtGox lag my ass [18:01]
bgupta that's their fail whale [18:01]
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thestringpuller ;;goxlag [18:03]
gribble MtGox lag is 5455.751923 seconds. During this time, light travels 10.933265768 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU). [18:03]
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mircea_popescu Scrat looks to me like one of those $50 pci autotesting packages most hosts will do [18:03]
mircea_popescu bgupta exactly [18:03]
bgupta 90 mins [18:03]
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mircea_popescu http://bitcoincharts.com/charts/ still down also [18:04]
mircea_popescu no wait, up nao [18:04]
bgupta slowish [18:04]
bgupta flakey [18:04]
thestringpuller ;;ticker [18:05]
gribble BTCUSD ticker | Best bid: 141.10000, Best ask: 141.69998, Bid-ask spread: 0.59998, Last trade: 141.69998, 24 hour volume: 123106.83272605, 24 hour low: 106.95100, 24 hour high: 147.00000, 24 hour vwap: 123.99916 [18:05]
thestringpuller ;;goxlag [18:05]
gribble MtGox lag is 4538.34842 seconds. During this time, light travels 9.0947994198 AU. You could have sent a bitcoin from the Sun to Saturn (9.54 AU). [18:05]
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error4733 omg can't wait, it's like chrismas [18:06]
ChaangNoi BTC China @ $151.56 [18:06]
ChaangNoi Bitfloor @ $145 [18:06]
ChaangNoi Bitstamp @ 133.88 [18:06]
ChaangNoi BTC-E @ $130.07 [18:06]
ChaangNoi BTC 24 @ $152 [18:06]
error4733 90$ or 190$ ? [18:06]
mircea_popescu about 130ish [18:07]
kakobrekla china will grow larger. [18:07]
bgupta The interesting thing I find is all these exchanges including mtgox, mpex, btct.co, bf, etc all trade 24x7, without so much as a daily hour of maintenance window. This I believe is unheard of in the finance world. (Certain things do trade like 23 hours a day but on rotating exchanges) [18:07]
ChaangNoi lol gribble [18:07]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-] [18:09]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-] [18:09]
assbot [BTCTC] [ASICMINER-PT] 8 @ 0.76802 = 6.1442 BTC [-] [18:09]
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KRS-1 is this why mt gox is showing btc ~ $110 [18:13]
kakobrekla mircea_popescu worth 130 yet? [18:14]
kakobrekla bah my inner troll is strong sometimes. [18:14]
Scrat bgupta: what is there to perform maintenance on? this isnt 1980 [18:15]
ThickAsThieves goxlag almost caught up [18:15]
Scrat bgupta: oh, did you paste that? [18:15]
ThickAsThieves ;;goxlag [18:15]
gribble MtGox lag is 1102.961906 seconds. During this time, light travels 2.21032331025 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU). [18:15]
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Scrat mircea_popescu: that shit is plastered all over their mainpage like it's an achievement [18:16]
assbot [HAVELOCK] [VTX] 10 @ 0.38 = 3.8 BTC [-] [18:18]
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thestringpuller ;;ticker [18:21]
gribble BTCUSD ticker | Best bid: 136.27101, Best ask: 140.00000, Bid-ask spread: 3.72899, Last trade: 140.00000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808 [18:21]
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ChaangNoi if anyone gets an AM dividend please let me know how much it is this week. thanks [18:24]
ChaangNoi ;;goxlag [18:24]
gribble MtGox lag is 912.746648 seconds. During this time, light travels 1.82913406297 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU). [18:24]
ChaangNoi hmm [18:24]
KRS-1 when ticker is used for quote /trade information which exchange does that come from [18:25]
jcpham lemme tell you guys [18:25]
jcpham online resumes are the way to do it [18:25]
jcpham wget -O resume.html http://fuckyourresume.com/ [18:26]
kakobrekla resumes are bullshit [18:26]
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ChaangNoi almost down to earth.. [18:26]
jcpham ./wkhtmltopdf-i386 ../Documents/resume.html ..Documents/resume.pdf [18:26]
jcpham i just turned it into a science [18:26]
jcpham now al i have to do i edit my blogity blog [18:27]
jcpham ./mailresume [18:27]
jcpham so that was fun. i'm changing employers [18:28]
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cole_albon ;;goxlag [18:29]
gribble MtGox lag is 1132.059669 seconds. During this time, light travels 2.2686349015 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU). [18:29]
thestringpuller ;;ticker [18:30]
gribble BTCUSD ticker | Best bid: 136.27101, Best ask: 137.00000, Bid-ask spread: 0.72899, Last trade: 137.00000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808 [18:30]
mircea_popescu Scrat what shit you mean ? [18:31]
kakobrekla this one is still kickin [18:31]
kakobrekla Bruce Wagner Apr 02 05:08PM -0400 [18:31]
kakobrekla Just as I predicted. :-) [18:31]
kakobrekla Bitcoin hit $116 so far today. [18:31]
kakobrekla -- [18:31]
mircea_popescu bruce wagner is predicting now ?! [18:31]
kakobrekla he predicted it. [18:31]
kakobrekla yea [18:32]
thestringpuller ;;p [18:32]
gribble Error: "p" is not a valid command. [18:32]
thestringpuller ;;ticker [18:32]
gribble BTCUSD ticker | Best bid: 137.88344, Best ask: 139.00000, Bid-ask spread: 1.11656, Last trade: 137.88344, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808 [18:32]
thestringpuller ;;bids 89 [18:33]
thestringpuller ;;bids 80 [18:33]
gribble There are currently 30446.462 bitcoins demanded at or over 89.0 USD, worth 3226430.31489 USD in total. | Data vintage: 0.0114 seconds [18:33]
gribble There are currently 39721.986 bitcoins demanded at or over 80.0 USD, worth 4008857.00483 USD in total. | Data vintage: 0.0183 seconds [18:33]
thestringpuller ;;asks 140 [18:33]
gribble There are currently 215.97452 bitcoins offered at or under 140.0 USD, worth 30131.2587319 USD in total. | Data vintage: 8.3583 seconds [18:33]
jurov ;;asks 200 [18:34]
gribble There are currently 19840.446 bitcoins offered at or under 200.0 USD, worth 3184847.51314 USD in total. | Data vintage: 65.2698 seconds [18:34]
ThickAsThieves ;;asks 160 [18:35]
gribble There are currently 13118.235 bitcoins offered at or under 160.0 USD, worth 1938768.98293 USD in total. | Data vintage: 0.0026 seconds [18:35]
assbot [MPEX] [O.USD.C098T] 1000 @ 0.24108289 = 241.0829 BTC [+] [18:35]
assbot [MPEX] [O.USD.C089T] 120 @ 0.28897825 = 34.6774 BTC [+] [18:35]
assbot [MPEX] [O.USD.C092T] 1000 @ 0.2653217 = 265.3217 BTC [-] [18:35]
assbot [MPEX] [O.USD.C095T] 1000 @ 0.25297192 = 252.9719 BTC [-] [18:35]
Bugpowder wow. [18:36]
Bugpowder shorting teh calls? [18:36]
Bugpowder let me buy from u bro [18:36]
mircea_popescu methinks more like closing out [18:36]
Bugpowder ah, yes. [18:37]
Bugpowder obv [18:37]
assbot [MPEX] [O.USD.C098T] 1000 @ 0.24118333 = 241.1833 BTC [+] [18:37]
Bugpowder but the rally is back on [18:37]
ThickAsThieves do we know that yet? [18:37]
ThickAsThieves ;;goxlag [18:37]
gribble MtGox lag is 1150.999865 seconds. During this time, light travels 2.30659084222 AU. You could have sent a bitcoin from the Sun to Ceres (in the main asteroid belt) (2.77 AU). [18:37]
ChaangNoi only 2 million usd to 160 and 10000 plus accounts on gox trying to get verified [18:37]
ChaangNoi fucking insane [18:37]
mircea_popescu hardly. about 137 atm [18:37]
thestringpuller ;;market sell 1000 [18:38]
gribble A market order to sell 1000 bitcoins right now would net 132449.7782 USD and would take the last price down to 130.0000 USD, resulting in an average price of 132.4498 USD/BTC. | Data vintage: 0.0003 seconds [18:38]
thestringpuller ;;market sell 4000 [18:38]
gribble A market order to sell 4000 bitcoins right now would net 510010.3348 USD and would take the last price down to 122.1000 USD, resulting in an average price of 127.5026 USD/BTC. | Data vintage: 8.5979 seconds [18:38]
mircea_popescu http://bitcoinity.org/markets the market depth on that 0.o [18:38]
mjr_ tanking [18:38]
thestringpuller the price could easily plummet [18:38]
thestringpuller ;;ticker [18:38]
gribble BTCUSD ticker | Best bid: 133.00000, Best ask: 134.90730, Bid-ask spread: 1.90730, Last trade: 134.90730, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808 [18:38]
troc ;;bids 0 [18:38]
gribble There are currently 40659320 bitcoins demanded at or over 0.0 USD, worth 8820891.03181 USD in total. | Data vintage: 32.0256 seconds [18:38]
unbalanced_ This data lull felt like that moment in a movie car crash where everything goes slo-mo. Waaaaiiiittttt, whhhhhuttttt? [18:39]
ThickAsThieves not over yet [18:39]
* LainZ (913e2081@gateway/web/freenode/ip.145.62.32.129) has joined #bitcoin-assets [18:39]
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unbalanced_ *feels [18:39]
Bugpowder gox time [18:39]
* deadweasel (~gr1ffon@cpe-74-75-235-219.maine.res.rr.com) has joined #bitcoin-assets [18:39]
unbalanced_ Stay on target... stay on target! [18:39]
Bugpowder yeah still waiting for my deposit to clear [18:39]
Bugpowder 36 confirms [18:40]
* Descry (~Descry@smart.twinriver.esu7.org) has joined #bitcoin-assets [18:41]
jurov deposits seems cleared [18:43]
mjr_ ;;goxlag [18:43]
gribble MtGox lag is 786.528797 seconds. During this time, light travels 1.57619490277 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU). [18:43]
mjr_ FFS, why don't we just mail them letters with orders [18:43]
mjr_ could have sent the order to mars lol [18:44]
mjr_ jk [18:44]
pgp wtf 8 point spread on gox!?! [18:44]
mjr_ yeah, crazy this morning, you would see prints on both sides [18:44]
topace_ gox was frozen for a few hours, its still catching up [18:45]
topace_ or, trying to catch up [18:45]
pgp it's embarassing for any bitcoin evangelist... [18:45]
* Chilca (~Chilca@67-203-147-98.static-ip.telepacific.net) has joined #bitcoin-assets [18:45]
mjr_ ;;goxlag [18:45]
gribble MtGox lag is 736.77759 seconds. During this time, light travels 1.47649404099 AU. You could have sent a bitcoin from the Sun to Mars (1.52 AU). [18:45]
ThickAsThieves its possibly embarassing, but could also fuel the fire to newcomers "zomg everyone is clamoring to buy btc, fast fingers!" [18:46]
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* foooooo (42100d2e@gateway/web/freenode/ip.66.16.13.46) has joined #bitcoin-assets [18:49]
jurov fat fingers, yea [18:49]
thestringpuller ;;seen smickles [18:49]
gribble smickles was last seen in #bitcoin-assets 21 hours, 32 minutes, and 44 seconds ago: too many people keep trying to use it [18:49]
* bgupta wonders if there were still accepting orders during the two hour "lag".. if so there are gonna be a lot of surprised folks one way or another. [18:50]
mjr_ thats what makes it fun bgupta [18:51]
assbot [MPEX] [O.USD.C188T] 57 @ 0.0866432 = 4.9387 BTC [+] [18:52]
ThickAsThieves someone is still optimistic [18:52]
ThickAsThieves $avg [18:52]
mpexbot ThickAsThieves: 125.31 [18:52]
thestringpuller ;;seen smickles [18:53]
gribble smickles was last seen in #bitcoin-assets 21 hours, 36 minutes, and 2 seconds ago: too many people keep trying to use it [18:53]
* Descry has quit (Ping timeout: 245 seconds) [18:54]
ThickAsThieves is this AM divs coming in? [18:54]
[\] asicminer div out [18:54]
ThickAsThieves pretty low [18:54]
[\] 0.00255553 [18:54]
ThickAsThieves 0.00255553 [18:54]
ThickAsThieves heh [18:55]
[\] as expected [18:55]
* ChaangNoi has quit (Remote host closed the connection) [18:55]
assbot [BTCTC] [ASICMINER-PT] 27 @ 0.7455 = 20.1285 BTC [-] [18:57]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.745 = 1.49 BTC [-] [18:57]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.745 = 1.49 BTC [-] [18:57]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7422 BTC [-] [18:57]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7421 BTC [-] [18:57]
assbot [BTCTC] [ASICMINER-PT] 10 @ 0.74012 = 7.4012 BTC [-] [18:57]
assbot [BTCTC] [ASICMINER-PT] 4 @ 0.74011 = 2.9604 BTC [-] [18:57]
[\] lol [18:57]
[\] asicminer crashing from the div? [18:58]
assbot [BTCTC] [ASICMINER-PT] 5 @ 0.737 = 3.685 BTC [-] [18:58]
[\] its down a whole .0054~ [18:58]
assbot [BTCTC] [ASICMINER-PT] 13 @ 0.7355 = 9.5615 BTC [-] [18:58]
[\] uh oh [18:58]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.735 = 1.47 BTC [-] [18:58]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.733001 BTC [-] [18:58]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7313 BTC [-] [18:58]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7301 BTC [-] [18:58]
* Namworld (~Namworld@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets [18:59]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.715 = 1.43 BTC [-] [18:59]
[\] oh noes! [19:00]
assbot [HAVELOCK] [SDICE] 6 @ 0.315 = 1.89 BTC [-] [19:01]
assbot [HAVELOCK] [SDICE] 20 @ 0.3105 = 6.21 BTC [-] [19:01]
assbot [HAVELOCK] [SDICE] 1 @ 0.31000001 BTC [-] [19:01]
assbot [HAVELOCK] [SDICE] 1 @ 0.31 BTC [-] [19:01]
assbot [HAVELOCK] [SDICE] 3 @ 0.3 = 0.9 BTC [-] [19:01]
[\] not dice too! [19:01]
[\] the end is near [19:01]
assbot [BTCTC] [GSDPT] 276 @ 0.00362 = 0.9991 BTC [-] [19:01]
Namworld People cashing out? [19:01]
assbot [BTCTC] [GSDPT] 3 @ 0.00361 = 0.0108 BTC [-] [19:02]
assbot [BTCTC] [GSDPT] 80 @ 0.0036 = 0.288 BTC [-] [19:02]
assbot [BTCTC] [GSDPT] 500 @ 0.00356 = 1.78 BTC [-] [19:02]
assbot [BTCTC] [GSDPT] 10 @ 0.00355 = 0.0355 BTC [-] [19:02]
assbot [BTCTC] [GSDPT] 54 @ 0.00352 = 0.1901 BTC [-] [19:02]
assbot [BTCTC] [GSDPT] 500 @ 0.0041 = 2.05 BTC [+] [19:02]
assbot [BTCTC] [GSDPT] 100 @ 0.003516 = 0.3516 BTC [-] [19:02]
assbot [BTCTC] [GSDPT] 900 @ 0.003516 = 3.1644 BTC [-] [19:02]
mircea_popescu it's embarassing for any bitcoin evangelist... << they're not here, blessfully. [19:03]
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assbot [HAVELOCK] [VTX] 13 @ 0.38 = 4.94 BTC [-] [19:04]
mircea_popescu ;;ticker [19:04]
gribble BTCUSD ticker | Best bid: 136.10000, Best ask: 136.45000, Bid-ask spread: 0.35000, Last trade: 136.45000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808 [19:04]
* saulimus (~someone@37-136-42-199.nat.bb.dnainternet.fi) has joined #bitcoin-assets [19:04]
bgupta http://siliconangle.com/blog/2013/03/29/this-week-in-ddos-cyberbunker-vs-spamhaus-mtgox-bitcoin-exchange-and-dwolla-sendgrid/ [19:04]
bgupta (old but interesting nonetheless) [19:04]
* beetlebee (4f727cbd@gateway/web/freenode/ip.79.114.124.189) has joined #bitcoin-assets [19:05]
thestringpuller ;;ticker [19:05]
gribble BTCUSD ticker | Best bid: 135.10000, Best ask: 136.45000, Bid-ask spread: 1.35000, Last trade: 136.45000, 24 hour volume: 118334.05152003, 24 hour low: 107.07900, 24 hour high: 147.00000, 24 hour vwap: 124.83808 [19:05]
mircea_popescu lol shed a dollar in a minute [19:07]
assbot [MPEX] [O.USD.C098T] 230 @ 0.24371748 = 56.055 BTC [+] [19:07]
assbot [MPEX] [O.USD.C095T] 100 @ 0.25563121 = 25.5631 BTC [+] [19:07]
Bugpowder gox creditited me! [19:07]
[\] gee, this just screams stable: 24 hour low: 107.07900, 24 hour high: 147.00000 [19:08]
mircea_popescu lol [19:08]
[\] 40% swing in a day [19:08]
[\] yeah, not a bubble [19:08]
[\] totally rational price appreciation [19:08]
assbot [MPEX] [O.USD.C092T] 175 @ 0.27012732 = 47.2723 BTC [+] [19:08]
jcpham woohoo [19:08]
mircea_popescu [\] actually i would say bubble averted. [19:08]
jcpham i see no bubbles here [19:08]
[\] mircea_popescu: its not popped yet :p [19:08]
mircea_popescu yeh it is. [19:08]
[\] jcpham, shut yo face [19:08]
Namworld and the price started back on the rise... [19:09]
[\] ;;ticker [19:09]
Namworld >.> [19:09]
gribble BTCUSD ticker | Best bid: 134.89949, Best ask: 136.45000, Bid-ask spread: 1.55051, Last trade: 134.89949, 24 hour volume: 122225.75654344, 24 hour low: 107.75000, 24 hour high: 147.00000, 24 hour vwap: 125.57761 [19:09]
Namworld We're gonna be at 500 USD/BTC within a week. [19:09]
[\] heh [19:09]
mircea_popescu not happenin'. [19:09]
* toffoo has quit () [19:09]
Namworld and in two weeks, at 10000 USD/BTC [19:10]
Namworld >.> [19:10]
[\] and in 3 weeks $.20 [19:10]
ThickAsThieves Hey Namworld & Jurov don't forget my transfer plz! [19:10]
Bugpowder ;;bids 0 [19:10]
gribble There are currently 30825532 bitcoins demanded at or over 0.0 USD, worth 8940110.86194 USD in total. | Data vintage: 0.0106 seconds [19:10]
Bugpowder uh ohes [19:10]
Namworld Is jurov around? [19:10]
ThickAsThieves he was :/ [19:10]
[\] still only 9M [19:10]
jurov not anymore [19:10]
Namworld damn [19:10]
ThickAsThieves hehe [19:10]
Bugpowder the wall at 90 got taken down [19:10]
[\] I love how people mention billion dollar market cap [19:10]
[\] but only 9M of depth [19:11]
[\] they forget to mention the second bit [19:11]
mircea_popescu [\] because iot's not really notable. [19:11]
Namworld In 3 weeks... well we can't reach in 3 weeks because the price can't go there. It reaches upward to the infinite before 3 weeks from now. [19:11]
mircea_popescu you think google has 100bn mkt depth on the books ? [19:11]
[\] nope [19:11]
Namworld There's some kind of limit... probably the end of the world or something [19:11]
Namworld and apparently, it causes BTC price to go up >.> [19:11]
jurov i think there is no leverage, hence no depth [19:12]
Namworld Maybe the afterlife is digital. You'll need lots of Bitcoins there. [19:12]
thestringpuller ;;ticker [19:12]
gribble BTCUSD ticker | Best bid: 134.00000, Best ask: 135.09999, Bid-ask spread: 1.09999, Last trade: 135.09999, 24 hour volume: 122225.75654344, 24 hour low: 107.75000, 24 hour high: 147.00000, 24 hour vwap: 125.57761 [19:12]
mircea_popescu what happened to good old fashion put-your-money-in depth [19:12]
mircea_popescu everybody with leverage these days [19:12]
mircea_popescu nobody wants to work for a buck anymore [19:12]
mircea_popescu also http://www.foxbusiness.com/industries/2013/04/03/ex-goldman-trader-turning-himself-in-to-authorities/ [19:12]
jurov Namworld, no, they use dead altchains in hell [19:13]
mircea_popescu The surrender comes after the Commodities Futures Trading Commission unleashed a lawsuit against Taylor in November that alleged he intentionally concealed an $8.3 billion position in the S&P 500 e-mini futures. The CFTC had been seeking civil penalties of $130,000. [19:13]
mircea_popescu seems proportionate. [19:13]
[\] whats that bitcoinica clone? [19:14]
jurov mircea_popescu: whoever used to keeping bitcoins on an exchange, learnt the lesson already [19:14]
jurov [\]: bitfinex [19:14]
[\] ah, right [19:14]
[\] I'm sure people on bitfinex are making a killing [19:14]
Namworld jurov: ahah, makes sense [19:15]
Bugpowder 502 gox [19:15]
mircea_popescu [\] certainly. prolly time for a bitbet. [19:16]
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Bugpowder sigh [19:17]
assbot [MPEX] [O.USD.C188T] 50 @ 0.08799794 = 4.3999 BTC [+] [19:19]
* [1]Jazzy (~Jazzy@cpe-69-205-160-247.stny.res.rr.com) has joined #bitcoin-assets [19:20]
bgupta uh bid higher than ask? [19:21]
bgupta bizarro [19:21]
bitesak http://notice.instawallet.org/ [19:22]
mircea_popescu bitesak whoa. [19:22]
mircea_popescu whoa whoa whoa. [19:22]
bgupta when did instawallet fold? [19:22]
bitesak 2 days ago [19:23]
Namworld online wallet = bad [19:23]
bitesak I had 0,4BTC which I transferred to fastcash4bitcoin but it never got there.. [19:23]
bitesak and then it closed down. URLs of wallets were showing up in Google [19:24]
bgupta me never touched it.. [19:24]
Bugpowder do u think Bitcoin is cursed? [19:24]
assbot [HAVELOCK] [VTX] 6 @ 0.38 = 2.28 BTC [-] [19:25]
assbot [MPEX] [S.MPOE] 5076 @ 0.00069692 = 3.5376 BTC [-] [19:25]
bitesak it's backed by drama as someone once said [19:25]
assbot [MPEX] [S.MPOE] 6121 @ 0.00069377 = 4.2466 BTC [-] [19:25]
bitesak all this is to make Bitcoin stronger :) [19:25]
assbot [HAVELOCK] [VTX] 2 @ 0.36 = 0.72 BTC [-] [19:26]
Bugpowder got ask filled at 132.5 ouch [19:26]
mircea_popescu bitesak totally. [19:26]
Bugpowder oh wellls [19:26]
* zooe (~zooey@50.77.12.109.rev.sfr.net) has left #bitcoin-assets [19:26]
Namworld Bitcoin is indeed cursed. Cursed by idiots. [19:27]
[\] heh [19:27]
mircea_popescu all i have to say, boys and girls, is that if it popped later it'd have been much worse. [19:28]
Bugpowder all i wanted was a bit car, but then I got greedy. why why why??? [19:28]
mircea_popescu let it simmer a little, it won't get too low, we come to sanity. k ? [19:28]
Bugpowder dude [19:28]
Bugpowder u r overconfident about poppage. [19:29]
ThickAsThieves ^ [19:29]
jurov bugpowda i sold some at 117-120 and don't give a fuck about [19:29]
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* copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets [19:30]
mircea_popescu you dispute a broken trend ?! [19:30]
Bugpowder I called the top at 127 last night [19:31]
ThickAsThieves well when you rise $47 in one day where do you draw the line? [19:31]
Bugpowder then 147 happened [19:31]
jcpham my off-the-cuff math says at least %13 daily deflation to stay on track for 1 trillion usd [19:32]
bitesak mircea_popescu, do you have that pastebin on mercadoBitcoin brasil handy? [19:32]
mircea_popescu http://polimedia.us/trilema/2013/and-another-one-bites-the-dust-mercado-bitcoin/ [19:32]
* Ixitachil has quit (Remote host closed the connection) [19:32]
bitesak thx [19:32]
jurov lol they still feature this on frontpage: https://mtgox.com/img/quote.gif [19:33]
* Ixitachil (~gandalf@95.61.172.46) has joined #bitcoin-assets [19:33]
mircea_popescu 2011 was a good year for the dinosaurs. [19:33]
ThickAsThieves $avg [19:34]
mpexbot ThickAsThieves: 126.02 [19:34]
bgupta interesting convergence http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected [19:34]
mircea_popescu check out the mega 140 wall [19:35]
ThickAsThieves people cant decide price for themselves [19:35]
ThickAsThieves built by you MP? [19:35]
mircea_popescu ThickAsThieves neh. [19:36]
Bugpowder ;;bids 0 [19:36]
gribble There are currently 30863303 bitcoins demanded at or over 0.0 USD, worth 9011317.20884 USD in total. | Data vintage: 112.2002 seconds [19:36]
Bugpowder ok [19:36]
Bugpowder I have sold enough [19:36]
jcpham #bitcoin is creeping up towards 1500 users [19:36]
assbot [MPEX] [O.USD.C029T] 2 @ 0.77218744 = 1.5444 BTC [19:36]
jcpham that's double since January [19:36]
jcpham for sure [19:36]
* Ixitachil has quit (Ping timeout: 240 seconds) [19:37]
assbot [MPEX] [S.MPOE] 4129 @ 0.00069377 = 2.8646 BTC [-] [19:48]
* splnkr (~splnkr@unaffiliated/splnkr) has left #bitcoin-assets [19:49]
* damientrog has quit (Quit: damientrog) [19:51]
smickles $unconfirmed [19:52]
mpexbot smickles: An error has occurred and has been logged. Please contact this bot's administrator for more information. [19:52]
smickles well, poo [19:53]
jcpham medium article is good [19:53]
jcpham https://medium.com/money-banking/2b5ef79482cb [19:53]
mircea_popescu $vwap ^oix [19:53]
mpexbot mircea_popescu: ^OIX 1 day: no data 7 day: average: 108.2380102 high: 135.79574203 low: 93.3570601 volume: 19607 btc: 8036.29427679 30 day: no data [19:53]
assbot [MPEX] [S.DICE] 1000 @ 0.00317003 = 3.17 BTC [-] [19:54]
assbot [MPEX] [S.DICE] 13096 @ 0.00317002 = 41.5146 BTC [-] [19:54]
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* MoneyIsDebt has quit (Remote host closed the connection) [19:54]
* daybyter has quit (Quit: Konversation terminated!) [19:57]
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mircea_popescu http://bitbet.us/bet/362/bitfinex-insolvent-by-end-of-april/ [19:59]
mircea_popescu lalala [19:59]
* damientrog (~dtrog@109.130.52.84) has joined #bitcoin-assets [20:01]
[\] trolalalal [20:06]
jcpham a little bit [20:06]
* copumpkin has quit (Ping timeout: 245 seconds) [20:07]
mircea_popescu wanna bet ? [20:07]
* copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets [20:08]
jcpham insider information [20:10]
kakobrekla lol https://www.kraken.com/market [20:13]
kakobrekla crash much? [20:13]
mircea_popescu aww but y! [20:14]
kakobrekla ah nvm [20:14]
kakobrekla that was my settings [20:14]
mircea_popescu lol you had it set for crash ? [20:15]
kakobrekla yeah something like that :D [20:15]
ThickAsThieves it still wants to rally [20:15]
ThickAsThieves if gox will let it [20:15]
assbot [BTCTC] [S.DICE-PT] 3 @ 0.0048 = 0.0144 BTC [+] [20:16]
mircea_popescu http://notice.instawallet.org/ [20:16]
mircea_popescu wait a second. [20:16]
mircea_popescu they pay < 50 btc after 90 days and > 50 btc IF POSSIBLE ? [20:16]
mircea_popescu so funds were in fact lost. [20:16]
Bugpowder looks like it [20:17]
Bugpowder minicyprus [20:18]
pizzaman1337 oh noes [20:18]
Bugpowder what was that transaction again? [20:18]
ThickAsThieves its funny how AAPL only goes up when the rest of tech goes down [20:18]
bgupta tech is a zerosum game no? ;) Apple vs everyone else. [20:19]
Bugpowder ;;ticker [20:19]
gribble BTCUSD ticker | Best bid: 137.50000, Best ask: 138.00000, Bid-ask spread: 0.50000, Last trade: 138.00000, 24 hour volume: 125538.92052295, 24 hour low: 108.00005, 24 hour high: 147.00000, 24 hour vwap: 126.35150 [20:19]
Bugpowder gawd damnit [20:19]
bgupta Bugpowder: what is wrong? [20:19]
bgupta weren;t you just buying? [20:20]
bgupta at ~130 [20:20]
Bugpowder no [20:20]
Bugpowder i am a bit loser [20:20]
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bgupta ahh "got ask filled at 132.5 ouch" [20:21]
* bgupta thought you were selling around 140, and buying back. [20:21]
bgupta (lower) [20:21]
Bugpowder 90% of the time, the best move is to sit on hands [20:22]
bgupta with the lag trading seems a crapshoot. [20:23]
bgupta (random lag) [20:23]
assbot [MPEX] [S.DICE] 1000 @ 0.00333521 = 3.3352 BTC [+] [20:27]
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unbalanced_ Bugpowder: I concur see quote #1 http://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Operator#Quotes [20:32]
unbalanced_ I wish I'd sat tight this morning instead of my derp trades. [20:32]
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jurov According to media headlines, Slovenia can soon be next to request a financial help from EU. Do you have any plan B to protect your customers funds in case the Cyprus will happen over again? [20:34]
mircea_popescu lol [20:34]
jurov Bitstamp: Yes, we are in process of opening a UK based bank account. [20:34]
jurov ^ appeared in my fb feed [20:34]
bitesak sounds stressful [20:35]
mircea_popescu "we don't have that much money anyway" [20:35]
ThickAsThieves anyone else have trouble sending bitcoins from WeExchange today [20:35]
assbot [MPEX] [S.DICE] 1500 @ 0.0033 = 4.95 BTC [-] [20:35]
assbot [MPEX] [S.DICE] 50 @ 0.0031702 = 0.1585 BTC [-] [20:35]
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bitesak obviously the UK is a much bigger financial center but still are not immune to a rough ride [20:37]
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jurov would be interesting if FSA will take any action against bitstamp [20:38]
unbalanced_ When does SDICE officially declare a div or non-div? Today, tomorrow? [20:38]
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assbot [HAVELOCK] [SDICE] 33 @ 0.33 = 10.89 BTC [+] [20:39]
assbot [HAVELOCK] [SDICE] 11 @ 0.325 = 3.575 BTC [-] [20:39]
assbot [HAVELOCK] [SDICE] 10 @ 0.32 = 3.2 BTC [-] [20:39]
bitesak unless they have been preparing this for a while, I don't think they will be having a bank account too soon [20:39]
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mircea_popescu unbalanced_ they have to do it within five days of new month [20:40]
mircea_popescu unless exceptional circumstances. [20:40]
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kakobrekla ;;ticker [20:42]
gribble BTCUSD ticker | Best bid: 138.78000, Best ask: 138.80000, Bid-ask spread: 0.02000, Last trade: 138.80000, 24 hour volume: 126892.36002240, 24 hour low: 108.00060, 24 hour high: 147.00000, 24 hour vwap: 126.58123 [20:42]
kakobrekla ;;goxlag [20:42]
gribble MtGox lag is 226.450443 seconds. During this time, light travels 0.453804152306 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU). [20:42]
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mircea_popescu you could have sent a bitcoin straight into the trashbin. [20:44]
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Uglux https://bitpay.com/amazon [20:46]
Uglux thefuck? [20:46]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.18861 BTC [+] [20:46]
mircea_popescu This currently works only with WooCommerce. [20:47]
mircea_popescu awww. [20:47]
mircea_popescu i was impressed for a second [20:47]
jborkl The services BitPay offers have not been directly approved by Amazon.com and customers should not confuse these services offered by the Bitpay WooCommerce plugin as being endorsed, sponsored or approved by Amazon.com. [20:47]
jborkl too bad [20:47]
Uglux ;) [20:47]
assbot [BTCTC] [BTC-TRADING-PT] 9 @ 0.1886 = 1.6974 BTC [-] [20:47]
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assbot [BTCTC] [BTC-TRADING-PT] 10 @ 0.1886 = 1.886 BTC [-] [20:48]
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assbot [BTCTC] [ASICMINER-PT] 4 @ 0.755 = 3.02 BTC [+] [20:49]
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assbot [HAVELOCK] [VTX] 4 @ 0.4 = 1.6 BTC [+] [20:53]
assbot [HAVELOCK] [VTX] 25 @ 0.4 = 10 BTC [+] [20:54]
assbot [HAVELOCK] [VTX] 4 @ 0.405 = 1.62 BTC [+] [20:54]
assbot [HAVELOCK] [VTX] 15 @ 0.41 = 6.15 BTC [+] [20:54]
Uglux and still no update on AMs missing 6Thash... [20:57]
ThickAsThieves yep i anticipate sell offs this week [20:58]
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ThickAsThieves sdice has weakened too [20:59]
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jborkl yet, as of yesterday they were up 750 bitcoins or so, just in the first couple days [20:59]
jborkl that can change of course, but a really good start [21:00]
assbot [HAVELOCK] [VTX] 2 @ 0.41 = 0.82 BTC [+] [21:02]
mircea_popescu Uglux it;'s been 3 months yet ? [21:03]
assbot [HAVELOCK] [VTX] 1 @ 0.41 BTC [+] [21:04]
deadweasel http://www.usd2btc.com/ ? [21:05]
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Uglux yea, i call it a bf-ai-l/avalonism. promising shit. delivering "somthing" + blabla... [21:07]
assbot [HAVELOCK] [VTX] 22 @ 0.41 = 9.02 BTC [+] [21:10]
bitesak ;;ticker [21:12]
gribble BTCUSD ticker | Best bid: 137.80000, Best ask: 138.00000, Bid-ask spread: 0.20000, Last trade: 138.00000, 24 hour volume: 128828.52600909, 24 hour low: 108.05000, 24 hour high: 147.00000, 24 hour vwap: 126.82527 [21:12]
assbot [HAVELOCK] [VTX] 7 @ 0.41 = 2.87 BTC [+] [21:16]
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bgupta ;;ticker [21:26]
gribble BTCUSD ticker | Best bid: 133.33000, Best ask: 134.00000, Bid-ask spread: 0.67000, Last trade: 134.00000, 24 hour volume: 128637.79888326, 24 hour low: 108.45001, 24 hour high: 147.00000, 24 hour vwap: 127.12429 [21:26]
Bugpowder "To learn that a man can make foolish plays for no reason whatever was a valuable lesson. It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind." [21:27]
Bugpowder This is what just happened to me with mircea_popescu's bubble poppin' talk [21:27]
mircea_popescu wait what ?! [21:27]
Bugpowder I SOLD IT ALL [21:28]
Bugpowder oh wait [21:28]
mircea_popescu um [21:28]
mircea_popescu what, you sold it for less than 133 ?! [21:28]
Bugpowder no just 20% [21:28]
Bugpowder whew [21:28]
Bugpowder ;;ticker [21:28]
gribble BTCUSD ticker | Best bid: 134.00000, Best ask: 134.99900, Bid-ask spread: 0.99900, Last trade: 134.99900, 24 hour volume: 128637.79888326, 24 hour low: 108.45001, 24 hour high: 147.00000, 24 hour vwap: 127.12429 [21:28]
Bugpowder and now its falling agoin [21:28]
bgupta Bugpowder: Perhaps a break is in order? [21:28]
bitesak just sit on your hands [21:28]
mircea_popescu soooo... whatcher on aboot. [21:28]
pgp feels like it needs to take a breather... [21:29]
kakobrekla umm [21:29]
Bugpowder One month ago I would be so stoked to have this value in my total btc portfolio. Now I've cashed that same amount out, and still have more left. [21:29]
kakobrekla did last blockchain glitch happen 1480 blocks ago? [21:29]
Bugpowder no matter what, I'm not going to buy puts. [21:30]
bgupta why not? Too expensive? [21:30]
Bugpowder Well hello text message.... [21:30]
Bugpowder new localbitcoins contact... [21:30]
Bugpowder I guess I can sell just a bit more. [21:30]
Bugpowder I always lose on puts. [21:30]
Bugpowder YMMV [21:31]
bgupta sigh: http://nymag.com/daily/intelligencer/2013/04/i-bought-a-bitcoin.html [21:31]
bgupta Hey can someone explain what the story is with coinlab and mtgox? If I have an exisiting mtgox does that mean I can't trade, or it's a pain to transfer fiat in and out? [21:33]
mjr_ new idea: betting game based on random goxlag numbers...goxlagdice [21:34]
saulimus someone will analyze the statistics of goxlag on create a strategy based on that... [21:35]
saulimus on -> and [21:35]
Jackmani_ lol [21:36]
bgupta mm. there already is one... [21:36]
* bgupta called trading btc. [21:36]
Jackmani_ if (lag > 10s) buy at tickerprice - 10% [21:37]
mjr_ lol [21:37]
mjr_ it will be provably unfair to all participants [21:37]
bgupta chart is quite insane… http://bitcoincharts.com/charts/mtgoxUSD#rg60zigHourlyztgSza1gSMAzm1g1zm2g25zv even with pullback [21:38]
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bgupta I think there was a bit of a bumrush after 100 looked like it would hold [21:39]
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bgupta ;;ticker [21:44]
gribble BTCUSD ticker | Best bid: 133.50000, Best ask: 134.30000, Bid-ask spread: 0.80000, Last trade: 134.30000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [21:44]
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KRS-1 thats old though right [21:49]
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assbot [MPEX] [S.MPOE] 10953 @ 0.00067393 = 7.3816 BTC [-] [21:52]
assbot [BTCTC] [PAJKA.BOND] 10 @ 0.09 = 0.9 BTC [-] [21:54]
pgp oh boy [21:55]
assbot [BTCTC] [PAJKA.BOND] 2 @ 0.101 = 0.202 BTC [+] [21:55]
assbot [BTCTC] [PAJKA.BOND] 5 @ 0.100001 = 0.5 BTC [-] [21:55]
mircea_popescu goxlice ? [21:56]
mircea_popescu o look. 3k sold brought it down another 10%. [21:57]
Namworld stupid gox.... [21:57]
Namworld seriously, someone kill them please [21:58]
mircea_popescu the power is yours. [21:58]
mircea_popescu do you use them ? [21:58]
KRS-1 this is just temp? [21:58]
mircea_popescu no. [21:58]
bgupta ;;ticker [21:59]
gribble BTCUSD ticker | Best bid: 126.25000, Best ask: 126.93439, Bid-ask spread: 0.68439, Last trade: 126.25000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [21:59]
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KRS-1 seems like it will go further [21:59]
mircea_popescu Apr 03 14:11:37 so basicvally... any dollar over 100 anyone pays on a btc is a dollar lost. [21:59]
bgupta 12 point spread on clarkmoody [21:59]
KRS-1 ;;ticker [21:59]
gribble BTCUSD ticker | Best bid: 125.12500, Best ask: 127.00000, Bid-ask spread: 1.87500, Last trade: 127.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [21:59]
bgupta seeing trades osilating between 127 and 115 [21:59]
assbot [HAVELOCK] [SDICE] 1 @ 0.32100001 BTC [+] [22:00]
mircea_popescu its trading ~117 atm [22:00]
dub bob has bitch tits [22:00]
Namworld Gox is completly useless... [22:00]
bgupta no the bid.. ask looks a lot higher.. at least for the moment [22:00]
bgupta s/no/on/ [22:00]
mircea_popescu 115s [22:01]
jborkl look at coinlab [22:01]
jborkl 115 [22:01]
pgp fucking crazy [22:01]
mircea_popescu no, actually, perfectly healthy. [22:01]
mircea_popescu the runup past 100 was the crazy part. [22:01]
jborkl yes, the runup past 100 was nuts [22:01]
pgp where are the grownups? [22:02]
mircea_popescu lemmings have hopefully been slaughtered enough to learn for the future. [22:02]
mircea_popescu but if not... [22:02]
bgupta I see 125.125, 125.125, 115.123, 115.12156.. huge spread again [22:02]
bgupta [22:02]
assbot [BTCTC] [S.DICE-PT] 22 @ 0.00441 = 0.097 BTC [-] [22:02]
assbot [BTCTC] [S.DICE-PT] 200 @ 0.0044 = 0.88 BTC [-] [22:02]
assbot [BTCTC] [S.DICE-PT] 86 @ 0.004305 = 0.3702 BTC [-] [22:02]
jborkl looks like 105 will print here in a minute [22:02]
bgupta real thin between 115 and even 134.. [22:03]
assbot [BTCTC] [GSDPT] 1 @ 0.004096 BTC [+] [22:03]
assbot [BTCTC] [GSDPT] 53 @ 0.004096 = 0.2171 BTC [+] [22:03]
assbot [BTCTC] [GSDPT] 100 @ 0.004097 = 0.4097 BTC [+] [22:03]
assbot [BTCTC] [GSDPT] 154 @ 0.004098 = 0.6311 BTC [+] [22:03]
thestringpuller !ticker m s.dice [22:03]
assbot [MPEX:S.DICE] 1D: 0.00310001 / 0.00331688 / 0.00400173 (29870 shares, 99.08 BTC), 7D: 0.0031 / 0.00330394 / 0.00448 (727656 shares, 2,404.13 BTC), 30D: 0.00300001 / 0.00422354 / 0.006225 (1578663 shares, 6,667.56 BTC) [22:03]
thestringpuller !ticker m s.mpoe [22:04]
assbot [MPEX:S.MPOE] 1D: 0.00067351 / 0.00068435 / 0.00069999 (215208 shares, 147.28 BTC), 7D: 0.00059218 / 0.0006566 / 0.00069999 (2600753 shares, 1,707.67 BTC), 30D: 0.00059218 / 0.00072363 / 0.00078628 (18234279 shares, 13,195.02 BTC) [22:04]
thestringpuller !ticker h him [22:04]
assbot [HAVELOCK:HIM] 1D: 1.87000000 / 1.94453478 / 2.00000000 (23 shares, 44.72430000 BTC), 7D: 1.80000000 / 1.92572839 / 2.08000000 (162 shares, 311.96799996 BTC), 30D: 1.40001001 / 1.80151405 / 2.08000000 (737 shares, 1327.71585265 BTC) [22:04]
assbot [BTCTC] [S.DICE-PT] 1246 @ 0.00426 = 5.308 BTC [-] [22:04]
bgupta As percentages go this isn't really that unusual for btc.. but with the increase in value a 10+ point spread seems wide [22:04]
assbot [BTCTC] [GSDPT] 746 @ 0.004098 = 3.0571 BTC [+] [22:04]
assbot [BTCTC] [GSDPT] 500 @ 0.0041 = 2.05 BTC [+] [22:05]
assbot [MPEX] [O.USD.C131T] 1 @ 0.14307752 BTC [-] [22:05]
mircea_popescu i would say today is a great day in that disaster was averted [22:05]
Uglux until the next day [22:05]
assbot [BTCTC] [S.DICE-PT] 490 @ 0.00426 = 2.0874 BTC [-] [22:06]
mircea_popescu nah, at least in theory hysteria just needs a coupla slaps. [22:06]
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ThickAsThieves ;;ticker [22:08]
bgupta mircea_popescu: What is your fear in particular? megacrash? [22:08]
gribble BTCUSD ticker | Best bid: 119.22835, Best ask: 120.00000, Bid-ask spread: 0.77165, Last trade: 120.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [22:08]
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assbot [BTCTC] [GSDPT] 490 @ 0.004199 = 2.0575 BTC [+] [22:08]
bgupta (which breaks all faith in btc) [22:08]
Bowjob ;;ticker [22:08]
gribble BTCUSD ticker | Best bid: 117.70000, Best ask: 120.00000, Bid-ask spread: 2.30000, Last trade: 117.70000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [22:08]
Bowjob ooh crash [22:08]
jborkl I would think the greatest fear would be the bot gets megaraped [22:08]
Bowjob ;;gox [22:09]
gribble Error: "gox" is not a valid command. [22:09]
Bowjob ;;goxlag [22:09]
gribble MtGox lag is 388.162939 seconds. During this time, light travels 0.777874183667 AU. You could have sent a bitcoin from the Sun to Venus (0.72 AU). [22:09]
Bowjob ah, we got goxxed again [22:09]
Namworld goxlag makes me feel like shooting a missile right at their face... [22:09]
Namworld It's still not fixed... how incompetent can you be? [22:10]
mircea_popescu bgupta there's a fundamental macroeconomic problem at work, as follows : [22:10]
mircea_popescu the bitcoin holders were done selling. [22:10]
pgp it's shocking, really, when you consider the magnitude of the opportunity gox has... [22:10]
mircea_popescu left in the market, newb speculators selling to each other [22:10]
mircea_popescu turning bitcoin into a sort of "bitcoin gem" by default. [22:10]
mircea_popescu this is not acceptable. a buncha new kids don't get to run the town. [22:11]
mircea_popescu moreover, the systemic risk they pose is that they'll blow it up then crash it with their desperation, creating fake "proof" that it's "a ponzi" [22:11]
mircea_popescu just because they're retards and used it as a ponzi. [22:11]
pgp true dat [22:11]
mircea_popescu seeing how we're discussing a 1bn+ item here, which is more than a uss carrier with full equipment on board [22:12]
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mircea_popescu and the wanna-be movers and shakers are... well... you know. [22:12]
Bowjob ;;goxlag [22:13]
gribble MtGox lag is 458.030321 seconds. During this time, light travels 0.917887634921 AU. You could have sent a bitcoin from the Sun to Earth (1 AU). [22:13]
Bowjob damn [22:13]
Bowjob xD [22:13]
Bowjob ;;ticker [22:13]
gribble BTCUSD ticker | Best bid: 123.00000, Best ask: 125.00000, Bid-ask spread: 2.00000, Last trade: 125.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [22:13]
pgp actually, I believe than an arcraft carrier costs quite a bit more, no? [22:13]
mircea_popescu about 1bn afaik [22:13]
mircea_popescu haven't been in the market recently tho [22:14]
Scrat pgp: quite a lot more [22:15]
pgp http://www.facethefactsusa.org/facts/New-Aircraft-Carrier-Does-More-with-Less-Crew/ [22:15]
mircea_popescu eh fuck me. [22:15]
pgp lol [22:15]
mircea_popescu i stand corrected. [22:15]
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mircea_popescu i must be on 1990 dollars or some shit. [22:15]
mircea_popescu aaanyway. [22:15]
jborkl yeah, 1 billion does not buy the govt much anymore [22:16]
mircea_popescu of course that's ops cost [22:16]
mircea_popescu ship itself is only half that [22:16]
jborkl the water treatment plant the city is builing - ran over budget and cost 1.1 billion [22:17]
Uglux so we need an aircraftcarrier index. the pizza index is obsolete :) [22:17]
jborkl in a city of 1 million [22:17]
bgupta mircea_popescu: Modern carriers are massive. have neculear reactors, and a huge contingent of very expensive warplanes [22:17]
mircea_popescu jborkl so basically 1k per capita ? scandalous. [22:17]
mircea_popescu bgupta yes yes, i stepped in it :D [22:17]
jborkl it is not the only plant either [22:17]
Bowjob ;;goxlag [22:17]
gribble MtGox lag is 614.571582 seconds. During this time, light travels 1.23159456924 AU. You could have sent a bitcoin from the Sun to Earth (1 AU). [22:17]
Bowjob even goxlag is lagging [22:17]
bgupta perhaps this one can be had for cheap: http://blog.seattlepi.com/aerospace/2011/03/29/wanna-buy-an-aircraft-carrier/ [22:18]
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jborkl heh, i bought a pizza for rg last year and he pain me 1.5 bitcoins [22:18]
jborkl lol [22:18]
mircea_popescu where's tiberius guy to show me mercedes links when we need him. [22:18]
jborkl paid [22:18]
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jborkl ;;seen topace [22:20]
gribble topace was last seen in #bitcoin-assets 4 days, 22 hours, 31 minutes, and 58 seconds ago: [22:20]
jborkl I have gotten 3 messages from localbitcoin buyers today [22:22]
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bgupta ;;ticker [22:26]
gribble BTCUSD ticker | Best bid: 124.62312, Best ask: 125.00000, Bid-ask spread: 0.37688, Last trade: 125.00000, 24 hour volume: 129330.89554659, 24 hour low: 108.70001, 24 hour high: 147.00000, 24 hour vwap: 127.38315 [22:26]
bgupta ;;goxlag [22:33]
gribble Error: Problem retrieving gox lag. Try again later. [22:33]
bgupta down again? [22:33]
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jborkl mtgox.com 502 bad gateway [22:34]
jborkl lol [22:34]
bgupta mircea_popescu: You have a test instance with fake data? Want to test playing with API without bot asks/bids disappearing. [22:35]
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mircea_popescu bgupta what is this about ? [22:35]
bgupta (Not for direct trading just getting quotes I care about) [22:35]
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bgupta want to script updated quotes. [22:35]
mircea_popescu o you mean the mpex json ? [22:36]
mircea_popescu no there's no fake data feed. [22:36]
bgupta yeah [22:36]
bgupta ok.. [22:36]
mircea_popescu perhaps try on a more copacetic symbol ? [22:36]
mircea_popescu s.bbet is pretty stable say [22:36]
bowjob ;;ticker [22:36]
gribble Error: Failure to retrieve ticker. Try again later. [22:36]
* deadweasel (~gr1ffon@108-61-59-19ch.openskytelcom.net) has joined #bitcoin-assets [22:36]
bowjob gox [22:37]
pgp truly pathetic state of affairs [22:37]
bgupta mircea_popescu: Need account to use API? Hoping not for quotes. [22:39]
mircea_popescu you know this api talk keeps throwing me for a loop [22:39]
mircea_popescu mpex has no api. it's just some public json/jsonp calls [22:39]
mircea_popescu and the trade window [22:39]
bgupta ok.. [22:40]
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mircea_popescu so you know, you can pull the feeds just fine, they're public [22:40]
mircea_popescu this make sense to you ? [22:41]
bowjob ;;ticker [22:41]
gribble Error: Failure to retrieve ticker. Try again later. [22:41]
bgupta yes. [22:41]
bowjob aight. mtgox got ddosed [22:42]
bgupta this is what I wanted http://mpex.co/mpex-mktdepth.php [22:42]
bgupta (I think) [22:42]
bgupta need to pretty print it [22:42]
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mircea_popescu alrighy. [22:45]
bowjob instawallet hacked [22:45]
bowjob lol [22:45]
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kakobrekla ;;ticker [22:45]
gribble Error: Failure to retrieve ticker. Try again later. [22:45]
kakobrekla ;;goxlag [22:46]
gribble Error: Problem retrieving gox lag. Try again later. [22:46]
dub don't worry guys they are rolling out ltc and nmc [22:46]
dub that will fix it [22:46]
kakobrekla and ppcoin [22:46]
mircea_popescu no novacoin ? [22:46]
mircea_popescu also, i hope ycombinator has litebase, litelab, namebase, namelab [22:46]
jborkl pee pee coin [22:46]
mircea_popescu blablab and tralalab all ready [22:46]
jborkl ? [22:46]
pgp this gox shit just gets me so hot under the collar... [22:46]
dub ppcoin is going to buy me an 86 [22:47]
bowjob gox did a runner. the biggest bitcoin scam on the universe [22:47]
pgp any insight into why they just can't license a matching engine... [22:47]
bowjob i hope they are proud [22:48]
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dub pgp: idiocy [22:48]
jborkl ddos [22:48]
dub yes they are incompetent because ddos [22:48]
mircea_popescu https://bitcointalk.org/index.php?topic=165880.msg1733865#msg1733865 [22:48]
mircea_popescu this guy... lol [22:48]
mircea_popescu pgp you understand only recently they had any money ? [22:49]
mircea_popescu (recently = since about feb) [22:49]
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pgp I see - success basically caught these guys with their pants down [22:51]
jborkl no, it made them a massive target [22:51]
jborkl pants or no pants [22:51]
mircea_popescu history of mtgox for the more recent bitcoin ppl : [22:52]
mircea_popescu started about a year after btc as an outgrowth of a game cards trading thing owned by the guy now doing ripple. [22:52]
mircea_popescu was basically given away to tux because of legal concerns. [22:52]
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mircea_popescu tux proceeded to get hacked, lose the entire email base, to this day these emails are spammed. [22:53]
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mircea_popescu tux then proceeded to get hacked, which may or may not have been the fake account they used to house trade, but anyway btc got sold down to 0 [22:53]
taub and why hasnt it made money since forever? [22:53]
mircea_popescu tux then got outside investors for ~1.5mn [22:53]
mircea_popescu used this to get offices, hire some employees, get some real servers, etc. [22:54]
mircea_popescu this put him in the red all through 2012 (plus some hacks and other unsavory shit, plus taking over hacked stuff like a polish exchange [22:54]
bgupta jezz down for 20 mins [22:54]
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mircea_popescu plus making a narrow escape from the EU for not having banking licenses) [22:54]
mircea_popescu they were marginally profitable once btc went over 10 again, but barely enough to dig investors out of their equity hole [22:55]
mircea_popescu then the high prices high volumes hit, now they're making enough to be an actual business. [22:55]
mircea_popescu but they only have for two months, give or take. [22:55]
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mircea_popescu taking questions. [22:55]
taub more on that EU escape story? [22:55]
jborkl very nice rundown mp [22:55]
mircea_popescu taub had a bank account in france, french authority investigated them [22:55]
mircea_popescu they offered the theory that they don't need licensing because bitcoin [22:56]
dub you missed tux being a pompus bag of dicks [22:56]
mircea_popescu got shut down the next day [22:56]
pgp accross the uruls on camelback? [22:56]
jborkl hen I signed up(right after the hack) they gave me a free yubikey- free shipping [22:56]
mircea_popescu no charges (but maybe a civil penalty, it's unclear) [22:56]
taub i see [22:56]
mircea_popescu currently they're also involved into a mess not of their making [22:56]
pgp ? [22:56]
mircea_popescu whereby they have a bunch of bitcoinica funds which two parties are disputing in nz and ca [22:57]
jborkl oh yeah, I forgot they still have those [22:57]
dub thats hardly a burden, they hold btc unitl court ruling [22:57]
jborkl that is a nightmare [22:57]
dub holding btc is a nightmare? [22:57]
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pgp so... he's a survivor is what you're saying... [22:58]
mircea_popescu dub if they still have it. [22:58]
dub he's a bottom feeder [22:58]
mircea_popescu pgp not rly. btc has no standards is what i'm saying. [22:58]
dub and in bitcoin that is the best place to feed [22:58]
mircea_popescu the other "survivor", bitfloor, lost millions of users funds [22:58]
mircea_popescu opened up for business like nothing happened [22:58]
mircea_popescu PEOPLE STILL USE THEM. [22:58]
dub hopefully they stay dossed long enough for a real exchange to open [22:58]
pgp anybody have any insight to the coinlab terms? [22:58]
jborkl that place should have just shut down [22:58]
mircea_popescu dub won't happen, because people have absolutely no preference for quality. [22:59]
jborkl the best exchange is in the us actually- imo [22:59]
mircea_popescu they will do things like lend on forum. who cares ? [22:59]
jcpham so whats new [22:59]
dub mircea_popescu: they will move if they can never access gox again [22:59]
bgupta so trades appear to slowly be going through, just websockets are down [22:59]
[\] news? [22:59]
mircea_popescu yes. to bitfinex. [22:59]
jcpham i'm sure i can just pick some thing [22:59]
jcpham some hack, some rally, some press [22:59]
jcpham what's the best drama [22:59]
dub all it takes is someone that isnt a) an existing scammer b) from russia to create an alternative [22:59]
[\] jcpham: butterfail labs [23:00]
mircea_popescu gypsies qualify ? [23:00]
jcpham luke-jr still scammin [23:00]
jcpham posting fake asic pics on the internets [23:00]
jcpham i heard about that [23:00]
bgupta #mtgox-RT is slowly getting updates [23:00]
jcpham bfl shipping delayed: out of box tape [23:00]
dub mircea_popescu: it would take a gyppo with PR that doesnt alienate 80% of potential custies [23:01]
jcpham ^ [23:01]
jcpham i think he referring to someone [23:01]
Luke-Jr jcpham: love your trolling, claiming my ASIC is fake [23:01]
jcpham dude i read it on reddit [23:01]
jcpham it must be true [23:01]
dub not that I have a problem with that in reference to MPEX, you don't want those 80% but an alt gox needs critical mass [23:01]
jcpham i can't come up with this gold [23:01]
Luke-Jr if they've put the effort into faking it, I'll be pretty pissed at having to write new drivers [23:02]
assbot [HAVELOCK] [SDICE] 1 @ 0.32100002 BTC [+] [23:02]
assbot [HAVELOCK] [SDICE] 4 @ 0.32100001 = 1.284 BTC [-] [23:02]
assbot [HAVELOCK] [SDICE] 30 @ 0.321 = 9.63 BTC [-] [23:02]
mircea_popescu dub that's only because your nose is too big. [23:02]
assbot [HAVELOCK] [SDICE] 23 @ 0.32 = 7.36 BTC [-] [23:02]
jcpham luke-jr i want to defend you on the forums sometimes [23:02]
assbot [HAVELOCK] [SDICE] 15 @ 0.30000001 = 4.5 BTC [-] [23:02]
jcpham why does everyone attack luke-jr when all he does is help bitcoin [23:02]
dub mircea_popescu: it helps me breath up all the white mans air [23:02]
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mircea_popescu jcpham because he helps bitcoin be more like the shithole he lives in [23:02]
mircea_popescu ie, a house of failure. [23:02]
jcpham you are so harsh mircea_popescu [23:03]
mircea_popescu but anyway : i will dare say that a functioning exchange would be a serious problem at this point. [23:04]
mircea_popescu the fact they suck creates a lot of friction, which insulates us [23:04]
mircea_popescu which turns out to be critical when idiocy like the recent bubble strikes. [23:05]
pgp a better way will emerge [23:05]
mircea_popescu certainly, but in a year or so. [23:05]
mircea_popescu so far mtgox is a half-baked buggy implementation of capital controls. [23:06]
pgp I think less [23:06]
jcpham mircea_popescu what color is your soapbox? [23:06]
pgp it's the color of money [23:07]
[\] jcpham, that ain't soap [23:07]
deadweasel lol [\] [23:08]
jcpham thank god for coinlab amirite trollface [23:08]
pgp so, goxcodes are going away? [23:08]
[\] frakking coinlab [23:08]
pgp so far coinlab is all talk [23:09]
jcpham once your new overlords tell you what you can ant do, everything will be fine [23:09]
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mircea_popescu it's the color of money << i like this one. [23:10]
jcpham there's always bitfloor. you can sell coins for anything over there [23:10]
dub is coinlab actually an exchange or just handling banking for dwolla users [23:10]
dub or instead of dwolla [23:10]
[\] they aren't doing anything at the moment [23:10]
dub I realise this [23:10]
jcpham dub i think everything is the answer [23:10]
mircea_popescu i don't think you do. [23:10]
jcpham the exchange [23:10]
jcpham for sure [23:10]
[\] so then to indicate what they are doing is a bit premature [23:10]
pgp bitfloor is a good tech all around, but one man show is a problem [23:10]
[\] coinlabs is attempting to be the USD exchanger [23:11]
mircea_popescu the kid is talented, granted. [23:11]
dub one idiot show [23:11]
mircea_popescu but he has the geek disease. [23:11]
[\] and mtgox will be the btc exchanger [23:11]
pgp i've met with him several times... [23:11]
jcpham there was an article from this week where Mark basically says mtgox wants coinlab to handle the US, they don't want to fool with anything in the US [23:11]
pgp you can lead a horse to water [23:11]
[\] oh, it'll drink [23:11]
[\] either willingly or once it passes the hell out [23:12]
[\] hold its head under the water long enough, it'll drink [23:12]
deadweasel an equestrian, i see. [23:13]
[\] nah [23:13]
jcpham http://www.forbes.com/sites/timothylee/2013/04/03/four-reason-you-shouldnt-buy-bitcoins/ [23:13]
[\] hold any creature underwater long enough and it'll drink [23:13]
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deadweasel my bad, a biologist. [23:14]
mircea_popescu [\] even spanish galleons ? [23:14]
jcpham ok so the link, the name of the article is "4 reasons you shouldn't buy bitcoins" [23:14]
jcpham last paragraph: Conclusion. With all that said, I think there’s a good chance that Bitcoins will continue to appreciate. I still have the majority of the Bitcoins I bought in early 2012 and I plan to hold onto them for a while to see what happens. [23:14]
dub 5th reason, dicks everywhere [23:14]
jcpham so fucking classic [23:14]
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deadweasel he wants cheap btc [23:15]
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pgp lol [23:17]
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pgp reagrding his 3rd point... aren't there plans to possibly prune the blockchain? [23:18]
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dub heh http://afiler.com/five-bytecoin-note/ [23:18]
mircea_popescu so im looking at the bfl asic and all i can think of is [23:19]
mircea_popescu dude... where's the fans ?! [23:19]
mircea_popescu they demo'd a box of fans and then their board is passive cooled ?! [23:19]
jcpham yep [23:19]
dub are there more pics or just the luke-jr fakes? [23:20]
[\] mircea_popescu: you weren't supposed to notice [23:20]
ll !t h sdice [23:20]
assbot [HAVELOCK:SDICE] 1D: 0.30000000 / 0.34500832 / 0.40000010 (513 shares, 176.98926940 BTC), 7D: 0.30000000 / 0.38560232 / 0.46500000 (1790 shares, 690.22815553 BTC), 30D: 0.30000000 / 0.46949071 / 0.62950000 (6155 shares, 2889.71533662 BTC) [23:20]
mircea_popescu dub i was looking at the luke ones [23:20]
mircea_popescu [\] so now wat ? [23:21]
mircea_popescu working 41min @180w without fan? April fool [23:21]
mircea_popescu other ppl noticed too [23:21]
jcpham what the crap is a bytecoin [23:22]
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dub whats the chance of dice going back over IPO price? [23:22]
jcpham and are there 8 bitcoins to a bytecoin [23:22]
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jcpham otherwise forget it [23:22]
dub Im thinking slim to no fucking way [23:22]
mircea_popescu !ticker m s.dice [23:22]
assbot [MPEX:S.DICE] 1D: 0.00310001 / 0.00331495 / 0.00400173 (29681 shares, 98.39 BTC), 7D: 0.0031 / 0.00327191 / 0.00439992 (696729 shares, 2,279.64 BTC), 30D: 0.00300001 / 0.00422354 / 0.006225 (1578660 shares, 6,667.54 BTC) [23:22]
mircea_popescu i'd say it depends on what they do with bets. [23:23]
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pgp good old fashioned deflation [23:23]
pgp better to just hold the damn coins [23:23]
dub jcpham: https://bitcointalk.org/index.php?topic=164569.0 [23:24]
dub Maria coins [23:25]
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dub I have some for sale btw [23:25]
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bowjob ;;ticker [23:26]
gribble Error: Failure to retrieve ticker. Try again later. [23:26]
jborkl satoshidice already up 1000 bitcoins this month [23:27]
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Bugpowder this chart looks ugly [23:27]
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assbot [HAVELOCK] [VTX] 1 @ 0.44899999 BTC [+] [23:28]
assbot [HAVELOCK] [VTX] 2 @ 0.45 = 0.9 BTC [+] [23:29]
bowjob ;;ticker [23:29]
gribble Error: Failure to retrieve ticker. Try again later. [23:29]
pgp not that much coin on either side for 10 points... [23:29]
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assbot [BTCTC] [SYNERGY] 1 @ 0.0125 BTC [+] [23:32]
assbot [BTCTC] [SYNERGY] 3 @ 0.0125 = 0.0375 BTC [+] [23:32]
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assbot [BTCTC] [ASICMINER-PT] 2 @ 0.7407 = 1.4814 BTC [-] [23:34]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.74 = 1.48 BTC [-] [23:34]
assbot [BTCTC] [S.BBET-PT] 15 @ 0.00177 = 0.0266 BTC [+] [23:34]
assbot [BTCTC] [ASICMINER-PT] 4 @ 0.733 = 2.932 BTC [-] [23:34]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.73 BTC [-] [23:34]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.7006 = 1.4012 BTC [-] [23:34]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.7005 = 1.401 BTC [-] [23:34]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.7 = 2.1 BTC [-] [23:35]
assbot [BTCTC] [ASICMINER-PT] 4 @ 0.69 = 2.76 BTC [-] [23:35]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.683004 = 2.049 BTC [-] [23:35]
assbot [BTCTC] [ASICMINER-PT] 6 @ 0.683004 = 4.098 BTC [-] [23:35]
pgp not a lot of depth to that book, eh? [23:36]
pgp holy shit [23:36]
Bugpowder oh my [23:36]
Bugpowder feeling better about the cashing out now [23:36]
deadweasel ;;goxlag [23:37]
gribble MtGox lag is 6.54048 seconds. During this time, light travels 0.0131070486891 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU). [23:37]
Bugpowder now about those calls.... [23:37]
Bugpowder ;;bids 0 [23:39]
gribble There are currently 30745238 bitcoins demanded at or over 0.0 USD, worth 8109918.25254 USD in total. | Data vintage: 146.6280 seconds [23:39]
Bugpowder ugh [23:39]
Bugpowder weak [23:39]
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Namworld not weak at all. At least not in the higher priced orderbook [23:40]
KRS-1 ;;goxlag [23:42]
gribble Error: Problem retrieving gox lag. Try again later. [23:42]
Bugpowder 8.1M is the weakest I've seen since the last flashcrash [23:43]
Bugpowder although a lot of that was just wiped out [23:43]
Bugpowder mircera's blog post killed the bubble. :( [23:43]
Namworld price looks stable now. More bids than asks... [23:43]
Namworld I have a feeling we're not done yet with this bubble-thing [23:44]
jcpham mircea_popescu has a blog? [23:44]
dub so gox is working via api only? [23:46]
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Bugpowder It might break 100 [23:54]
pgp I think so [23:54]
Bugpowder whats the 61.8% retrace? [23:54]
Bugpowder $90.48 [23:54]
Bugpowder Might set some buys up at 91 [23:54]
mircea_popescu jcpham o you didn't klnow ? [23:55]
jcpham nah negro [23:55]
jcpham sure did not [23:55]
pgp here we go... [23:55]
Bugpowder oh hai 502, my old friend [23:55]
mircea_popescu jcpham must be cause you're new. [23:55]
Bugpowder U gonna need to buy some credits boy [23:55]
jcpham i'll get the hang of this internet thing one day [23:56]
jcpham double-click [23:56]
mircea_popescu it's spelled double-clit [23:56]
jcpham my mind just lit up with that visualization [23:56]
assbot [HAVELOCK] [SDICE] 1 @ 0.35929989 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.3592999 BTC [+] [23:57]
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assbot [HAVELOCK] [SDICE] 1 @ 0.35929991 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.35929993 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.35929995 BTC [+] [23:57]
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assbot [HAVELOCK] [SDICE] 1 @ 0.35929997 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.35929999 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.3593 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.35939999 BTC [+] [23:57]
assbot [HAVELOCK] [SDICE] 2 @ 0.3595 = 0.719 BTC [+] [23:57]
deadweasel is that 4 clicks per clit? [23:57]
wao hmm [23:57]
Namworld ok... gox is doing this on purpose... [23:57]
wao why is sell [23:57]
mircea_popescu wao probably somebody needed small change. [23:57]
wao Bugpowder: url for mircera blog post? [23:57]
Bugpowder mircea_popescu: do you want to be in a documentary re: bitcoin? Was talking to a super early adopter that has been making a doc for the past 2 years. I think he has more liquid coin than you... [23:58]
mircea_popescu not particularly. [23:58]
Bugpowder aiiight [23:58]
Bugpowder its actually half doc / half porn. [23:59]
Bugpowder babes of bitcoin [23:59]
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