Forum logs for 05 Apr 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
* Now talking on #bitcoin-assets [05:41]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com/ [05:41]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:15:50 2013 [05:41]
Bugpowder I need to get funding from them [05:41]
cole_albon 100 million is not much of a promise [05:41]
Bugpowder per year [05:41]
-NickServ- You failed to identify in time for the nickname mircea_popescu [05:42]
* You are now known as Guest9632 [05:42]
Bugpowder you can fund a lot of labs with 100 million [05:42]
Bugpowder a typical "big" grant to run a lab, an R01, averages about $250k/yr for 5 years. [05:42]
* Now talking on #bitcoin-assets [05:44]
* Topic for #bitcoin-assets is: http://bitcoin-assets.com/ [05:44]
* Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:15:50 2013 [05:44]
deadweasel ;;ticker [05:44]
gribble BTCUSD ticker | Best bid: 131.20003, Best ask: 132.14430, Bid-ask spread: 0.94427, Last trade: 132.14431, 24 hour volume: 74652.69434725, 24 hour low: 117.21000, 24 hour high: 142.12000, 24 hour vwap: 132.39843 [05:44]
Bugpowder well, if I get the job I will try to get that money. In my current position, budget is basically unlimited [05:44]
Bugpowder But power is low [05:44]
thestringpuller but you have like at least 1mn in btc [05:45]
thestringpuller so why not liquidate and start a lab? [05:45]
thestringpuller for 4 years [05:45]
Bugpowder I am not a bitcoin millionarie [05:45]
Bugpowder you guys overestimate [05:45]
thestringpuller Did you lose a bit on that put-based position awhile back? [05:46]
mircea_popescu he lost it all on gox [05:46]
Bugpowder I have lost a lot on puts [05:46]
Bugpowder lol [05:46]
Bugpowder but yah, did lose on that put play at the end of last month [05:46]
Bugpowder gox better send me mah cash [05:46]
thestringpuller your call play raped all though [05:47]
Bugpowder I wish I had more [05:47]
cole_albon string puller are you "the girl" somewhere else? [05:47]
Bugpowder only put 20% down. [05:47]
thestringpuller Haha. I'm not female. [05:47]
thestringpuller There are no females in bitcoin, except those mircea_popescu pays [05:47]
thestringpuller and aethero's wife [05:47]
ThickAsThieves i was just gonna say that string! [05:48]
ThickAsThieves you typed faster [05:48]
dub its the internet [05:48]
thestringpuller mircea_popescu should make an exchange [05:48]
thestringpuller oh yea [05:48]
thestringpuller nvm [05:48]
dub ie, no girls [05:48]
cole_albon yeah - I thought you knew a bit too much about the mpex sentiment index. kinda like what a girl would have to know if they were under the employ of mircea_popescu [05:49]
ThickAsThieves cole is MPOE-PR [05:49]
ThickAsThieves deflecting [05:49]
mircea_popescu this is going well... [05:49]
Bugpowder There was also the wife of Kludge, who's money was involved in bitcoins, even if she want. [05:49]
Bugpowder wasnt [05:49]
mircea_popescu Bugpowder she wasn't his wife. [05:50]
thestringpuller MPOE-PR is probably the most anonymous PR agent I've ever seen. [05:50]
* unbalanced_ (~unbalance@CPE744401358567-CM0026f3095b85.cpe.net.cable.rogers.com) has joined #bitcoin-assets [05:50]
mircea_popescu he considers her his wife, she considers him a limited liability. [05:50]
ColdHardMetal limited? [05:51]
* dust-otc (~dust-otc@unaffiliated/dust-otc) has joined #bitcoin-assets [05:51]
thestringpuller mircea_popescu: you know, now that I think about it. You are the only public facing individual of mpex. MPOE-PR is very private (in a sense), and the other "board members" are illuminati style hidden. [05:51]
mircea_popescu well she did cut him off once he was costing more than what the naked housecleanning + toe suckling was worth neh ? [05:51]
mircea_popescu thestringpuller yes. [05:51]
ColdHardMetal fair enough lol [05:51]
thestringpuller mircea_popescu is the bitcoin illuminati, be warned! [05:52]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7697 BTC [-] [05:52]
mircea_popescu no i'm not [05:52]
mircea_popescu i just work here. [05:52]
mircea_popescu how is she anon anyway [05:52]
mircea_popescu there's like... one person on all the forum using their face in their avatar. [05:52]
mircea_popescu and that's the one you call anon. [05:53]
mircea_popescu how about everyone else then [05:53]
ThickAsThieves wait, evoorhees isnt a jester? [05:53]
thestringpuller no one knows her name, just what people speculate [05:53]
* unbalanced has quit (Ping timeout: 264 seconds) [05:53]
cole_albon I'm sorry I brought her up. [05:53]
ThickAsThieves selling all my sdice then [05:53]
thestringpuller she could be romanian, but who knows [05:53]
thestringpuller her connection to you is only a GPG signed credential [05:54]
thestringpuller since you haven't disclosed that you've met in person [05:54]
thestringpuller it's quite interesting :) [05:54]
mircea_popescu Maria Puella Octavia Eufrosina - Patricia Raphaella de Ruiz y Picasso [05:54]
cole_albon sounds expensive [05:54]
mircea_popescu well she's tall [05:54]
mircea_popescu and she's not romanian, she's murican. [05:54]
cole_albon If that was the name of someone, I take back what I said about expensive. I'm from Missouri. [05:55]
thestringpuller Missouri is one of the few states I've consistently gotten laid in. [05:56]
* unbalanced_ has quit (Ping timeout: 255 seconds) [05:56]
kakobrekla now saying its cheap?? [05:56]
Bugpowder lol [05:56]
thestringpuller Mid-Western girls are bored by default. [05:56]
cole_albon if you mention my sister I'm gonna have to open up a can of wupass [05:57]
ThickAsThieves modwestern anything-with-eyes is bored by default, no? [05:57]
* beetlebee (4f727cbd@gateway/web/freenode/ip.79.114.124.189) has joined #bitcoin-assets [05:57]
ThickAsThieves modwestern, heh, sounds like a fashion trend [05:57]
thestringpuller I went to Truman for a visit...man those girls no how to party. [05:58]
thestringpuller For being in the middle of nowhere, bajeezus. [05:58]
thestringpuller know* (can't grammar tonight) [05:58]
assbot [BTCTC] [BTC-BOND] 7 @ 0.00999 = 0.0699 BTC [-] [05:59]
thestringpuller mircea_popescu how did you stabilize the price? [06:00]
ThickAsThieves with his bare hands [06:00]
* ChaangNoi (~chaangnoi@ppp-27-55-175-8.revip3.asianet.co.th) has joined #bitcoin-assets [06:00]
cole_albon lol [06:00]
cole_albon I do want to know though... [06:01]
mircea_popescu well... you know how they say if you wish for something really really hard it comes true ? [06:01]
mircea_popescu this works for some people. [06:01]
Bugpowder This is a movement I can support. http://www.theatlantic.com/infocus/2013/04/femen-stages-a-topless-jihad/100487/ [06:01]
Bugpowder cole_albon: It's called The Secret [06:02]
Bugpowder have you read it/ [06:02]
Bugpowder This is how I made my calls make money [06:02]
Bugpowder http://en.wikipedia.org/wiki/The_Secret_(book) [06:03]
Bugpowder I just visualized success. [06:03]
mircea_popescu Bugpowder http://polimedia.us/trilema/2010/cum-se-protesteaza-corect/ [06:03]
mircea_popescu that's me explaining to romanians how to correcrtly protest [06:03]
cole_albon I'm glad you made money Bugpowder I should have listened to you - you were right. [06:03]
ThickAsThieves this one is dope http://cdn.theatlantic.com/static/infocus/femen040413/s_f15_65342447.jpg [06:03]
mircea_popescu after they made some fail demonstrations of fail. [06:03]
cole_albon wow that was dope [06:04]
Bugpowder I need to get back to my price rise visualizations again [06:04]
thestringpuller why not visualize a price crash [06:04]
mircea_popescu so two chicks followed me on twitter this hour. [06:04]
thestringpuller and make money on puts this time [06:04]
Bugpowder I sense... an awareness of another... suppressing the price [06:04]
mircea_popescu one's an investment fund partner, the other's a make-up artist and fashion broad. [06:05]
Bugpowder My powers only work one way [06:05]
mircea_popescu i think the internets r broken [06:05]
Bugpowder I gotta go find my credits [06:05]
thestringpuller mircea_popescu I met a romanian girl at my bank [06:05]
thestringpuller Simona [06:05]
mircea_popescu sounds romanian [06:05]
thestringpuller you should teach me romanian so I can seduce her [06:05]
thestringpuller ;) [06:05]
mircea_popescu say "ce frumoasa esti" to her, see what happens [06:05]
assbot [HAVELOCK] [SDICE] 8 @ 0.31511 = 2.5209 BTC [-] [06:06]
assbot [HAVELOCK] [SDICE] 9 @ 0.3151 = 2.8359 BTC [-] [06:06]
assbot [HAVELOCK] [SDICE] 33 @ 0.315 = 10.395 BTC [-] [06:06]
thestringpuller forecast for tomorrow "mircea_popescu: I got slapped!!!!" [06:06]
mircea_popescu this is why you're single. you have no clue what happens next wioth girls. [06:06]
ThickAsThieves mp, did you do a hacker bat signal to ddos mtgox on the rally to 147? [06:06]
thestringpuller HAHAHA [06:06]
mircea_popescu a bat whaty [06:07]
ThickAsThieves did you call in the troops? [06:07]
thestringpuller we'll never know [06:07]
ThickAsThieves i cant speak without using cliches and expressions, sry :) [06:07]
mircea_popescu no i didn't. [06:07]
ChaangNoi bat signal is like a spot light in the sky that shows a pic of a bat, batman sees this then goes to save the day [06:08]
ChaangNoi comicbooks/cartoons [06:08]
Bugpowder another possiblilty is that the price had to crash because it was up 45% in 12 hours. [06:08]
mircea_popescu http://pastebin.com/4SUXv67h [06:09]
assbot [HAVELOCK] [VTX] 1 @ 0.449992 BTC [-] [06:09]
dub jews did 04/03/03 [06:09]
cole_albon mircea_popescu I don't think I've seen an s.dice dividend yet have I? [06:09]
ThickAsThieves my theory is still that a bottleneck at gox caused the rally [06:09]
mircea_popescu and Bugpowder has it. in certain circumstances things need to chose one or the other of two paths [06:09]
ChaangNoi yeah, 42% was too much, i hope this is now some stability, [06:09]
mircea_popescu bitcoin chose the light. [06:09]
ThickAsThieves lack of deposits [06:09]
Bugpowder ThickAsThieves: yeah [06:09]
mircea_popescu cole_albon i dunno, is it on the mpex page ? [06:09]
Bugpowder BTC deposit delay [06:09]
ThickAsThieves i just wanted to ask mp outright, rather than have people wonder [06:09]
Bugpowder I was waiting 35 confirmations [06:10]
ThickAsThieves even if he lied about it obv ;) [06:10]
Bugpowder everyone else must have been too. [06:10]
cole_albon yes, but I do not recall seeing it in any STAT so far. [06:10]
dub Bugpowder has it. Its a -dev safety valve [06:10]
Bugpowder ;;bids - [06:10]
gribble Error: '-' is not a valid floating point number. [06:10]
Bugpowder ;;bids 0 [06:10]
dub stop the network transacting to protect from bubble [06:10]
gribble There are currently 31092307 bitcoins demanded at or over 0.0 USD, worth 10131721.5745 USD in total. | Data vintage: 0.0099 seconds [06:10]
ThickAsThieves maybe MPOE-PR did it [06:10]
mircea_popescu if you look at the times, the rally was broken and the trend reversing hours before mtgox was blinking [06:10]
Bugpowder ohhhh hai! [06:10]
Bugpowder back over $10 million! [06:10]
Bugpowder RALLLY TIME [06:10]
mircea_popescu ;;asks 999999999999 [06:11]
gribble There are currently 63713.817 bitcoins offered at or under 999999999999.0 USD, worth 1.46160793292e+12 USD in total. | Data vintage: 36.6863 seconds [06:11]
dub peanut butter rally time [06:11]
Bugpowder -visualizing- [06:11]
mircea_popescu heh. i wonder if anyone realises that with ~5% of btc on their system, mtgox barely matters in the scheme of things [06:11]
ThickAsThieves not many realize that [06:11]
ChaangNoi i have more than realized that [06:11]
ChaangNoi fuck gox [06:11]
Bugpowder I am just amazed that the super early adopters don't sell at least a little. [06:12]
Bugpowder BTW - mircea_popescu, Rassah actually ISN'T my friend. [06:12]
Bugpowder it was all a terrible misunderstanding [06:12]
ThickAsThieves how many 100,000+ owners do you think their are? [06:12]
ThickAsThieves there [06:12]
Bugpowder I know of one. [06:12]
mircea_popescu heh. [06:12]
Bugpowder personally [06:12]
Bugpowder didn't know he had so much [06:12]
thestringpuller mircea_popescu: the question is who would rise from the ashes? bitcoin-central? [06:12]
Bugpowder till 2 nights ago [06:13]
mircea_popescu what ever happened to rassah ? i remember he busting his ballsack over having sold at 20 and bought a new car [06:13]
Bugpowder he hasn't sold any [06:13]
mircea_popescu and how smart he is. [06:13]
mircea_popescu i guess sepukku ? [06:13]
ThickAsThieves speaking of suicide, whats up with BFL? [06:13]
Bugpowder dead spasms [06:13]
dub fuck bitcoin, at this rate im buying the 86 with ppcoin [06:13]
mircea_popescu i can't understand that retarded bets of bitcoin dood. [06:14]
ChaangNoi BFLspecs are down, plus deay [06:14]
mircea_popescu pushing that bet ? what is he, braindead ? [06:14]
ThickAsThieves plus higher prices [06:14]
cole_albon mircea_popescu I apologize I read 04-03-13 as April 3rd. I'm from Missouri [06:14]
ChaangNoi yeah higher prices [06:14]
ChaangNoi bfl is fucked [06:14]
Bugpowder one of my friends I turned on to bitcoin bought a loaded Golf TDI tonight [06:14]
ThickAsThieves if BFL changes posted specs, does that affect bitbets [06:14]
ChaangNoi i wonder how they can ship out the first units [06:14]
Bugpowder he invested $500. Just cashed out a fraction.. [06:14]
ThickAsThieves BFL has plenty units ready [06:15]
dub <3 BFL [06:15]
ThickAsThieves they are just using them [06:15]
ChaangNoi they said the 66 wont ship now, get two of the 32, then lol its only 25 [06:15]
dub don't care that I paid $13k for a non existant asic [06:15]
dub AM is going to make bank [06:15]
ThickAsThieves ;;ticker [06:15]
gribble BTCUSD ticker | Best bid: 134.48668, Best ask: 134.48700, Bid-ask spread: 0.00032, Last trade: 134.48668, 24 hour volume: 74092.84282738, 24 hour low: 117.21000, 24 hour high: 142.12000, 24 hour vwap: 132.56604 [06:15]
ThickAsThieves ;;goxlag [06:16]
gribble MtGox lag is 5.304483 seconds. During this time, light travels 0.01063012454 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU). [06:16]
mircea_popescu dub i thought you weren't into btc, too risky. [06:16]
Bugpowder redistribution of wealth from america to china, AGAIN [06:16]
ChaangNoi AM is goingto rape:) [06:16]
mircea_popescu ChaangNoi they still haven't got 12 th online you know [06:16]
mircea_popescu their chips still are blowing up like chinese lightbulbs. [06:16]
ChaangNoi they are building a data center [06:16]
dub mircea_popescu: btc is for fags [06:16]
mircea_popescu yeah sure. and an island [06:16]
ChaangNoi mp, im happy to wait, cuz they going to rape [06:16]
ChaangNoi i dont know about the island, but that is not a bad idea [06:17]
ChaangNoi they will be able to afford it [06:17]
ChaangNoi nation of btc! [06:17]
dub I have an island [06:17]
ChaangNoi powered by am! [06:17]
mircea_popescu listen, everyone's getting raped just as soon as someone with a clue starts doing it. [06:17]
mircea_popescu asic producers, miners, fiat exchanges, the works. [06:17]
ThickAsThieves "Butterfly Labs aka BFL will deliver ASIC Bitcoin mining devices to their customers before 1st of July 2013. Devices must be in scope of at least +-10% of advertised performance in order to be accepted as valid." [06:17]
mircea_popescu pretty much nothing you see today will be here as bitcoin reaches maturity. [06:17]
ChaangNoi i have faith in friedcat, yes, there was a delay but its not cuz his hardware failed [06:17]
ThickAsThieves they changed advertised specs [06:17]
ThickAsThieves soooo? [06:18]
thestringpuller mircea_popescu: what about you? will you remain? [06:18]
mircea_popescu myeah. [06:18]
mircea_popescu ThickAsThieves so what ? [06:18]
dub ThickAsThieves: did it change for existing orders? [06:18]
ChaangNoi hmmm [06:18]
ChaangNoi that is a sticky wicket [06:18]
dub wat [06:19]
mircea_popescu ChaangNoi that theory would have been easily enough proven by delivering on their promise to send samples to community members. [06:19]
mircea_popescu they didn't, and aren't mentioning it again. [06:19]
ThickAsThieves it doesnt say anything about when people order [06:19]
ThickAsThieves just advertised specs [06:19]
ChaangNoi mp they are going to sell them in auction style [06:19]
ChaangNoi i guess you are not a board member? [06:19]
mircea_popescu i just use more salt to digest friedcat's stuff than you people. [06:19]
ChaangNoi well if you are right in the end, i will have less btc [06:20]
mircea_popescu for instance, when someone promises something and then they don't deliver on their promise, even if they're chinese [06:20]
dub mircea_popescu: I thought china could do no wrong? [06:20]
mircea_popescu i don't jump to the unrelated "they will x" [06:20]
mircea_popescu dub eh ? [06:20]
ChaangNoi well buy AM stock or more gpus... hmmm [06:20]
dub you're always talking up china [06:20]
ThickAsThieves even if AM does what they say, it doesnt mean there wont be more delays [06:21]
Bugpowder $10.23MM [06:21]
mircea_popescu actually no matter what, delays there will be [06:21]
* EmDes (~EmDes@196-150-15.connect.netcom.no) has joined #bitcoin-assets [06:21]
kakobrekla new indicator, beats OIX [06:21]
kakobrekla http://jezus.si/graf/dashboards/bitcoin/details/1 [06:21]
ThickAsThieves just cuz friedcat was first doesnt mean he will do everything right the first time [06:22]
ThickAsThieves arguably first* [06:22]
thestringpuller ;;seen smickles [06:22]
gribble smickles was last seen in #bitcoin-assets 11 hours, 39 minutes, and 57 seconds ago: a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm [06:22]
mircea_popescu kakobrekla cool, that'll be useful next sturles shows up [06:22]
ChaangNoi AM and friedcat is looking like the best bet right now on asics as far as i can invest, bfl, hhhaa no, avalon? maybe but at this price, no [06:22]
ThickAsThieves i like AM, but i dont like repeatedly moving targets [06:23]
dub they'll be more in the market soon surely [06:24]
ChaangNoi AM has said they will shoot for 10% average over a year [06:24]
thestringpuller what does AM stand for? [06:25]
mircea_popescu https://bitcointalk.org/index.php?topic=167459.msg1743668#msg1743668 [06:25]
mircea_popescu dude this sort of shit. [06:25]
ChaangNoi not a moving target... they also say they have a bunch of chips, but no power... [06:25]
mircea_popescu "our system did something we don't know why it happens nm we'll undo it manually" [06:25]
mircea_popescu i'm like... [06:25]
dub thestringpuller: asicminer [06:25]
dub mircea_popescu: lol [06:25]
ChaangNoi yankee... [06:26]
thestringpuller mircea_popescu: send them some of your programmers [06:27]
ChaangNoi mp why not make a romanian exchange? [06:28]
thestringpuller ^-this [06:28]
mircea_popescu im not interested in handling fiat. [06:29]
Bugpowder Is romania signed on to FATCA? [06:29]
mircea_popescu i'm not interested in writing code [06:29]
mircea_popescu i'm not going to be the mother of bitcoin invalids. [06:29]
mircea_popescu how about other people do their job too. [06:29]
mircea_popescu Bugpowder it makes jack shit of a difference, i could easily do it. [06:29]
mircea_popescu i know half the bankers in the country. [06:29]
mircea_popescu unlike absolutely any other bitcoiner i can just walk into a bank's boardroom and talk to the board. [06:30]
mircea_popescu but i'm not interested in doing fiat. [06:30]
* fishfishclone (~fishfish2@cpc10-mort5-2-0-cust225.19-2.cable.virginmedia.com) has joined #bitcoin-assets [06:31]
ChaangNoi btcguild 48% time ot fire the lazorz? [06:31]
thestringpuller mircea_popescu: it will be funny when I drop your name to simona tomorrow and she happens to know you...for some reason... [06:31]
mircea_popescu seems unlikely. [06:32]
dub ;;nethash [06:32]
gribble 56918.28101 [06:32]
ChaangNoi ltc still over $4 lol [06:32]
dub ;;calc [nethash]*0.48 [06:32]
gribble 27320.7748848 [06:32]
assbot [MPEX] [S.MPOE] 10369 @ 0.00070698 = 7.3307 BTC [-] [06:33]
ThickAsThieves i think AM might have some kind of balancer that moves hashes to oxcoin [06:33]
ThickAsThieves ozcoin* [06:33]
mircea_popescu I started with 0.1. I made it to 0.2 playing over a week and 200 transactions later. Then it went down to 0.04. Then I made it go back up to 0.2. After 400 transactions later, I lost it all in a do-or-die bet, the final bet was 0.04 or something like that. [06:33]
dub ThickAsThieves: they should be soloing ppcoin [06:34]
mircea_popescu https://bitcointalk.org/index.php?topic=167215.msg1741392#msg1741392 [06:34]
ThickAsThieves ;;asks 139.90 [06:34]
gribble There are currently 3545.7036 bitcoins offered at or under 139.9 USD, worth 489984.985767 USD in total. | Data vintage: 97.0218 seconds [06:34]
* fishfish has quit (Ping timeout: 246 seconds) [06:34]
mircea_popescu the instawallet was actually haxt [06:34]
dub instalollet was french? [06:35]
Bugpowder so that 14k BTC transaction was theirs or not? [06:36]
dub the duns were fully under their control [06:37]
dub funds* [06:37]
mircea_popescu yea [06:38]
mircea_popescu well... i guess the 40k rthey moved was some panic attack. [06:38]
mircea_popescu but they had already lost some [06:38]
mircea_popescu anyway, i dunno, davout is awol. [06:38]
mircea_popescu this is wrong with these people, they fuck up, they dissapear. [06:38]
mircea_popescu he should be here. [06:38]
dub they are french, they probably just handed over privkeys to the hackers [06:39]
Bugpowder ;;bids 0 [06:39]
gribble There are currently 31095190 bitcoins demanded at or over 0.0 USD, worth 10470655.1418 USD in total. | Data vintage: 7.9970 seconds [06:39]
Bugpowder heheh [06:39]
Bugpowder we are going up tonight [06:39]
Bugpowder get ready [06:39]
ChaangNoi my rocket is ready [06:44]
ChaangNoi hmm today is a friday [06:44]
Bugpowder yeah i know [06:45]
Bugpowder 10.5 [06:46]
Bugpowder the weekend dip happened before the weekend [06:46]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7697 BTC [-] [06:48]
mircea_popescu heh. [06:48]
mircea_popescu Bugpowder why be such a noob ? [06:49]
mircea_popescu bitcoin is a lot more than "quick profits" you know. [06:49]
Bugpowder I am happy to take a pause from rapid price gains on say... April 27th. [06:50]
Bugpowder At this point though, I've cashed enough out that I'm just gonna sit on the rest for a long time [06:51]
Bugpowder or actually use them in the economy [06:51]
assbot [BTCTC] [RSM] 50 @ 0.0025 = 0.125 BTC [-] [06:51]
assbot [HAVELOCK] [VTX] 2 @ 0.449992 = 0.9 BTC [-] [06:52]
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mircea_popescu what's on april 27th [06:52]
Bugpowder options will have expired [06:53]
Bugpowder :-D [06:53]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7698 BTC [+] [06:53]
mircea_popescu o lol [06:54]
assbot [MPEX] [O.USD.C062N] 10 @ 0.73421811 = 7.3422 BTC [07:00]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7698 BTC [+] [07:07]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.7698 = 2.3094 BTC [+] [07:07]
assbot [BTCTC] [ASICMINER-PT] 20 @ 0.7699 = 15.398 BTC [+] [07:07]
assbot [BTCTC] [ASICMINER-PT] 5 @ 0.78 = 3.9 BTC [+] [07:07]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.7829 = 2.3487 BTC [+] [07:08]
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assbot [HAVELOCK] [HIM] 1 @ 1.919 BTC [+] [07:19]
ThickAsThieves btc-e charging .5ltc to withdraw, that's like $2.20 [07:20]
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bgupta ;;ticker [07:23]
gribble BTCUSD ticker | Best bid: 135.80001, Best ask: 136.00000, Bid-ask spread: 0.19999, Last trade: 136.00000, 24 hour volume: 70079.70788410, 24 hour low: 126.69058, 24 hour high: 142.12000, 24 hour vwap: 133.76636 [07:23]
bgupta ;;goxlag [07:23]
gribble MtGox lag is 0.952282 seconds. During this time, light travels 0.00190836246572 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU). [07:23]
ThickAsThieves $avg [07:24]
mpexbot ThickAsThieves: 133.55 [07:24]
assbot [BTCTC] [BTC-BOND] 10 @ 0.009999 = 0.1 BTC [+] [07:24]
assbot [BTCTC] [BTC-BOND] 616 @ 0.01 = 6.16 BTC [+] [07:24]
assbot [BTCTC] [BTC-BOND] 10 @ 0.01 = 0.1 BTC [+] [07:24]
assbot [BTCTC] [BTC-BOND] 564 @ 0.01 = 5.64 BTC [+] [07:24]
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assbot [BTCTC] [ASICMINER-PT] 5 @ 0.7829 = 3.9145 BTC [+] [07:31]
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Cryptrader Is there any channel good for discussing trading btc/ltc/nmc etc? [07:39]
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bgupta Don't know about a good channel, but you are in a channel. ;) [07:40]
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bgupta someone just bought like 3200 btc at the market [07:42]
bgupta ;;ticker [07:43]
gribble BTCUSD ticker | Best bid: 137.38456, Best ask: 137.98900, Bid-ask spread: 0.60444, Last trade: 137.38456, 24 hour volume: 72490.77444922, 24 hour low: 126.69058, 24 hour high: 142.12000, 24 hour vwap: 134.00274 [07:43]
jcpham http://finance.yahoo.com/news/bank-japan-scraps-overnight-call-051241190.html [07:46]
ThickAsThieves wait Japan is gonna double the amount of currency in two years, did i read that correctly? [07:51]
jcpham 1.4 trillion in commited QE [07:52]
jcpham hold on to your seats [07:52]
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ThickAsThieves going to bed, i expect you guys to get btc up to 140 while i sleep [07:56]
assbot [MPEX] [S.MPOE] 4450 @ 0.00070686 = 3.1455 BTC [-] [07:56]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7829 BTC [+] [07:58]
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bgupta ;;ticker [08:10]
gribble BTCUSD ticker | Best bid: 135.55406, Best ask: 136.83316, Bid-ask spread: 1.27910, Last trade: 135.55405, 24 hour volume: 71104.21539651, 24 hour low: 126.69058, 24 hour high: 142.12000, 24 hour vwap: 134.14703 [08:10]
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ChaangNoi im a goat! [08:14]
bgupta so is this Japan thing another sign that fiat is in trouble, and that btc is where we should be? [08:18]
B0g4r7 yes pinky [08:18]
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bgupta so borrow Yen, and buy btc.. [08:18]
bgupta (Not that I can really borrow Yen ATM.. [08:19]
ChaangNoi japan?? [08:19]
bgupta http://finance.yahoo.com/news/bank-japan-scraps-overnight-call-051241190.html [08:19]
B0g4r7 why are they talking about Japan and dollars? [08:19]
denialdenial read it goat [08:19]
ChaangNoi reading, thanks [08:19]
denialdenial japan is fucked [08:19]
mod6 seems that way [08:19]
B0g4r7 japan has been fucked. [08:20]
bgupta no more fucked than EU, or USA for that matter [08:20]
taub they've been doing this for 30 years tho [08:20]
B0g4r7 their debt:gdp ratio is far worse than that of the US, whose is terrible. [08:20]
denialdenial they're hurrying the end then [08:20]
B0g4r7 So yea, far more fucked. [08:20]
B0g4r7 By an order of magnitude I'd say. [08:20]
bgupta ok... [08:20]
denialdenial i heard AUD is trading against yuan directly soon too [08:21]
denialdenial no more of that pesky USD reserve [08:21]
B0g4r7 http://en.wikipedia.org/wiki/List_of_countries_by_public_debt [08:21]
B0g4r7 Look at Japan. [08:21]
B0g4r7 OK, so not an order of magnitide, but still a lot more. [08:21]
ChaangNoi yeah japan was250% [08:21]
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ChaangNoi i bought a bunch of yen a while ago, made 20% in 2 years, sold it howevere [08:22]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-] [08:22]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.7689 = 1.5378 BTC [-] [08:22]
assbot [BTCTC] [ASICMINER-PT] 3 @ 0.7689 = 2.3067 BTC [-] [08:22]
ChaangNoi but this really is what they have been doing forever [08:22]
denialdenial i was reading a reddit post comparing bitcoin to paypal earlier [08:23]
denialdenial the author reason we're on a $900+ dollar correction right now [08:23]
denialdenial for the next 60 days at least [08:24]
B0g4r7 I think the only reason a lot of ppl use pp is because it made international payments easy. [08:24]
denialdenial it was pretty insightful [08:24]
denialdenial but it's reddit [08:24]
denialdenial so... [08:24]
B0g4r7 Now bitcoin does that. [08:24]
B0g4r7 Most all of the overseas suppliers I order from, they want paypal. [08:24]
bgupta How is that they are worse than greece but not as fucked as greece. Guessing cause they control their own currency. [08:24]
bgupta denialdenial: Link? [08:25]
denialdenial i would expect the japanese to at least make a trillion dollar samurai sword or something [08:25]
denialdenial http://www.reddit.com/r/Bitcoin/comments/1bo02h/why_1000_in_60_days_a_paypal_comparison/ [08:25]
denialdenial second page midways [08:25]
denialdenial /r/bitcoin [08:26]
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bgupta One catch in the theory.. proposited.. it assumes that people using btc for transfer will keep the btc in btc, and not immediately trade back to fiat.. [08:28]
bgupta that said some of them will. [08:29]
bgupta so there is definately btc value growth trying to correct. [08:29]
assbot [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+] [08:31]
denialdenial i think so [08:31]
denialdenial too much too soon [08:31]
denialdenial maybe crash, probably not [08:31]
denialdenial distributing the load across the exchanges should prevent any actual crash [08:32]
bgupta I don't think so… if there were a crash, I think buyers would come out in droves.. [08:32]
denialdenial the term crash is way overused [08:32]
bgupta I certainly would look to liquidate USD equities and move to btc. [08:33]
denialdenial i doubt will see JUly 2011 again ever [08:33]
denialdenial no more bitcoins for peenies [08:33]
denialdenial as long as any exchange stays operational they are going to cost you a lot of money [08:33]
denialdenial from now on [08:33]
Cryptrader If BTC becomes a true currency - as businesses slowly adopt it, you will have no reason to exchange them back for fiat [08:34]
taub i'm still half hoping the system wont collapse [08:34]
taub would be much better for everyone :( [08:34]
Cryptrader Or at least not everyone will [08:34]
denialdenial btcguild troubles me at the moment [08:34]
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bgupta taub: what do you mean by collapse? [08:34]
bgupta btcguild will self correct. [08:34]
denialdenial do you know what happened when btcguild updated their bitcoind last [08:35]
Cryptrader Does anyone know exactly (or close) how big the annual drug trade market is? IE if they all started using bitcoin... [08:35]
denialdenial i can tell you in case you don't know [08:35]
denialdenial this was before they has asicminer [08:35]
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assbot [MPEX] [S.MPOE] 1300 @ 0.00070298 = 0.9139 BTC [-] [08:35]
assbot [MPEX] [S.MPOE] 5750 @ 0.00070297 = 4.0421 BTC [-] [08:35]
assbot [MPEX] [S.MPOE] 21200 @ 0.00069413 = 14.7156 BTC [-] [08:35]
assbot [MPEX] [S.MPOE] 2847 @ 0.00068964 = 1.9634 BTC [-] [08:35]
taub i dont think endless spending and money printing can go on forever [08:35]
bgupta I know silkroad does about $29 million per month [08:35]
bgupta but overall it's in billions [08:36]
denialdenial they updated their bitcoind on their pool but didn't let the db reindex first [08:36]
denialdenial so miners were being given low diff shares [08:36]
denialdenial until their wallet was empty [08:36]
denialdenial what happens if they have 51%, fuck up, fork the chain [08:36]
denialdenial hash a block [08:36]
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bgupta it would only shift if cartels wanted to keep their stashes in btc.. and I'm not so sure that would be a good thing for btc… IE: governments might use an excuse to outlaw [08:36]
denialdenial that's why btcguild worries me [08:37]
bgupta well, I suspect that miners will start moving to oz. [08:37]
bgupta SO for the sake of arguement… let's assume that btc goes up to 1000usd.. some in this channel think that would be horrible for the btc economy.. can some explain why? [08:39]
denialdenial i don't think the price matters anymore [08:39]
bgupta it seems arbitrary... [08:39]
taub i dont think anyone argues that it's horrible in general [08:40]
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taub mp seems more concerend about the rate it's increasing [08:40]
denialdenial the price is so high now that mentally the decimal places have already started moving [08:40]
bgupta on what grounds? [08:40]
taub ie he doesnt want it to be volatile or full of bubbles and crashes [08:40]
denialdenial so actual fungibility is being tested now [08:40]
taub because it scares people away [08:40]
denialdenial so i don't see how 1000 matters [08:41]
bgupta but the issue is if it is in fact worth more and trying to correct.. [08:41]
denialdenial it's a nother decimal place [08:41]
denialdenial what's the visual and mental difference between .005 btc and .05 btc if they are fundamentally the same [08:41]
bgupta wouldn't it be better to get that correction out of the way and then let it try to stabialize? [08:41]
bgupta just throwing thoughts out there [08:42]
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denialdenial stabilize is sort of a funny word to use [08:42]
bgupta personally I kinda wish btc would stay really low so I can buy more.. [08:42]
taub sure, bubbles have to be corrected [08:42]
denialdenial how do you stabilize a queue of 10,000 people wanting to buy something [08:43]
taub the thought is not to have bubble like growth to begin with [08:43]
denialdenial more exchanges [08:43]
denialdenial more everything [08:43]
denialdenial that takes time [08:43]
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bgupta why does more exchanges help? [08:43]
denialdenial so expect one hell of a volatile ride [08:43]
denialdenial because gox is asingle point of failure and it can't handle the load [08:43]
denialdenial obviously [08:43]
denialdenial they've said so themselves [08:43]
bgupta well.. they've said they can't handle ddos attacks [08:44]
denialdenial there's needs to be 10x the number of operating exchanges there are now [08:44]
denialdenial to handle the influx of users [08:44]
denialdenial to stabilize the volatility [08:44]
denialdenial not he price [08:44]
bgupta if you spread out to ten exchanges they'd all be semi-illiquid [08:44]
denialdenial the price is going to do what the exchanges allow it to do [08:44]
denialdenial the volatility comes from the stops/starts [08:44]
denialdenial and emotions [08:44]
bgupta I don't think we need to exchanges. perhaps more money changers [08:44]
bgupta more retail [08:45]
bgupta more retail money exchangers [08:45]
bgupta that keep their own supplies [08:45]
bgupta they would go to a handful of exchanges for trade.. [08:45]
denialdenial all of these things feed off each other. what hasn't kept up is the supply [08:46]
denialdenial or dealers, exchanges [08:46]
bgupta btc supply? [08:46]
bgupta of course not, that's baked into the system [08:46]
denialdenial the supply to "the market" [08:46]
denialdenial whether that market is real or artificial doesn't matter [08:46]
denialdenial but until recently it was gox [08:46]
denialdenial and now it can't be gox alone anymore [08:47]
bgupta ah the supply of btc.. well with it going up people are reluctant to sell.. and many people will never sell.. [08:47]
denialdenial the exchanges create the market or better the illusion of the market [08:47]
bgupta IE: They have moved to btc [08:47]
denialdenial because money is an illusion [08:47]
denialdenial a poorly represented market performs poorly [08:48]
bgupta wall street proper will invest in exchanges at some point.. IE: old financial houses. [08:48]
denialdenial the oldest con in the book is to invent a problem and then sell the solution to it [08:49]
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denialdenial bit coin didn't invent the problem and it sells itself [08:49]
denialdenial need more exchanges providing the illusion of stability [08:49]
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denialdenial and thus a stabler market [08:50]
denialdenial mor people, more exchanges, higher price [08:50]
denialdenial [08:50]
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assbot [MPEX] [S.MPOE] 20000 @ 0.00068871 = 13.7742 BTC [-] [09:02]
assbot [MPEX] [S.MPOE] 4273 @ 0.00068871 = 2.9429 BTC [-] [09:03]
assbot [MPEX] [S.MPOE] 1300 @ 0.00068762 = 0.8939 BTC [-] [09:11]
assbot [MPEX] [S.MPOE] 2178 @ 0.00068761 = 1.4976 BTC [-] [09:11]
assbot [MPEX] [S.MPOE] 8000 @ 0.00068575 = 5.486 BTC [-] [09:12]
assbot [MPEX] [S.MPOE] 9400 @ 0.00068518 = 6.4407 BTC [-] [09:12]
assbot [MPEX] [S.MPOE] 8322 @ 0.00068444 = 5.6959 BTC [-] [09:12]
assbot [BTCTC] [COGNITIVE] 1 @ 0.15788 BTC [-] [09:12]
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bgupta SO was thinking about the exchange problem… what if Morgan or Goldman bought half a million bitcoins and issued an ETF and let it trade on a standard stock exchange… It would kinda solve some problems, while creating new ones. [09:25]
bgupta the question is how could they acquire enough btc to do it without messing up the market. [09:26]
bgupta ;;ticker [09:36]
gribble BTCUSD ticker | Best bid: 136.29992, Best ask: 136.80000, Bid-ask spread: 0.50008, Last trade: 136.29992, 24 hour volume: 67541.53345295, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.40464 [09:36]
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assbot [HAVELOCK] [SDICE] 8 @ 0.3381 = 2.7048 BTC [+] [09:46]
assbot [HAVELOCK] [SDICE] 20 @ 0.33811 = 6.7622 BTC [+] [09:46]
assbot [HAVELOCK] [SDICE] 20 @ 0.339 = 6.78 BTC [+] [09:46]
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bitesak ;;ticker [09:53]
gribble BTCUSD ticker | Best bid: 136.00001, Best ask: 136.69499, Bid-ask spread: 0.69498, Last trade: 136.69499, 24 hour volume: 67318.91118458, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.42469 [09:53]
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assbot [HAVELOCK] [SDICE] 27 @ 0.3391 = 9.1557 BTC [+] [10:02]
assbot [MPEX] [S.MPOE] 2850 @ 0.00068603 = 1.9552 BTC [+] [10:08]
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assbot [BTCTC] [S.DICE-PT] 25 @ 0.00439 = 0.1098 BTC [-] [10:10]
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mircea_popescu hickAsThieves> going to bed, i expect you guys to get btc up to 140 while i sleep << and yet it's exactly 133 [10:22]
mircea_popescu they've been doing this for 30 years tho << ya. but 30 years ago they had a productivr workforce. now they got suicidal teens and otaku young adults [10:22]
mircea_popescu bgupta> SO for the sake of arguement… let's assume that btc goes up to 1000usd.. some in this channel think that would be horrible for the btc economy.. can some explain why? << read http://polimedia.us/trilema/2013/its-been-an-epic-few-days-what-happened/ towards the middle [10:24]
mircea_popescu it explains what's the problem [10:24]
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assbot [MPEX] [S.MPOE] 27550 @ 0.00068603 = 18.9001 BTC [+] [10:29]
bgupta You are claiming there was no DDOS on mtgox, and that it had no impact on price? [10:29]
bgupta Or am I misreading.. [10:29]
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bgupta sounds like you are claiming sole responsibility for stopping rally [10:29]
assbot [BTCTC] [S.DICE-PT] 19 @ 0.0045 = 0.0855 BTC [+] [10:29]
mircea_popescu mk let me find that other one [10:29]
bgupta and that mtgox crashed under the load of people selling? [10:30]
mircea_popescu yeah. [10:30]
assbot [MPEX] [S.DICE] 406 @ 0.00313722 = 1.2737 BTC [-] [10:30]
mircea_popescu that's actually what happened. [10:30]
mircea_popescu Apr 05 06:06:48 mp, did you do a hacker bat signal to ddos mtgox on the rally to 147? [10:31]
mircea_popescu Apr 05 06:09:00 http://pastebin.com/4SUXv67h [10:31]
mircea_popescu that re the ddos. [10:31]
mircea_popescu http://polimedia.us/dtng/c/src/136498390721.png that re the bubble deflation. [10:31]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7829 BTC [+] [10:31]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7829 BTC [+] [10:32]
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bitcoin-assets ;; ticker [10:37]
gribble BTCUSD ticker | Best bid: 136.00001, Best ask: 136.60000, Bid-ask spread: 0.59999, Last trade: 136.60000, 24 hour volume: 67059.71450567, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.51139 [10:37]
bgupta mircea_popescu: http://www.bitcoinrumors.com/2013/04/04/mtgox-announcement-on-ddos-attack/ [10:38]
mircea_popescu what about that ? [10:39]
bgupta historically mtgox has been pretty transparant about owning up to their problems [10:39]
bgupta (After the fact) [10:39]
mircea_popescu this is exactly opposite to reality, for one. [10:39]
bgupta You are basically saying they are now lying to the world. [10:39]
mircea_popescu for the other, whats some random site trying to leech hits by republishing random content to dow ith anything ? [10:39]
mircea_popescu they have an excellent history of lieing. [10:40]
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bgupta They were very transparent about their screwups leading to the theft of a large amount of btc. [10:40]
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bgupta and what they were doing to mitigate the issue [10:41]
mircea_popescu https://bitcointalk.org/index.php?topic=157360.msg1670345#msg1670345 a fine example [10:41]
mircea_popescu they are of the persuasion that pr is bullshit & lieing as much as possibkle. [10:41]
mircea_popescu bgupta they were not transparent about either. they are not transparent now either. i have no idea what you are talking about. [10:42]
mircea_popescu when mpex reported a ddos there was transparency. [10:42]
mircea_popescu when mtgox hinted to a dddos there's nothing but pr fluff. [10:42]
bgupta "I won't bother to compile the endless list of proof to show you just lied" Why not? [10:44]
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mircea_popescu i guess she's lazy [10:45]
mircea_popescu also we're not quite prepared for serving new people, what i'm saying here is common knowledge among "us". [10:45]
bgupta Your evidence that they lied is a post from you claiming that they lied.. oh, mpoe-pr isn't you? [10:45]
mircea_popescu i'm not saying this to exclude you, just saying, this is all very banal crap [10:45]
mircea_popescu are you following the forum at all ? [10:45]
bgupta For some reason I thought that it was you… since you are always linking to posts by said avatar. [10:46]
mircea_popescu she's my forum pr. [10:46]
mircea_popescu but if you're curious, do a search for mtgox, see what turns up. [10:47]
mircea_popescu look for that classic piece on the part of inaba where he's been dicked around for months over 20k [10:47]
mircea_popescu or for that piece where some new guy was complaining about mtgox telling him that his funds are locked and "they'll get in touch with the developers" to fix it. [10:48]
bgupta https://bitcointalk.org/index.php?topic=157360.msg1666644;topicseen#msg1666644 claims satisfaction rates of 90-95% which means that unsatisfaction rates are 5-10% [10:48]
bgupta which isn't really something to brag about [10:49]
bgupta but they are [10:49]
mircea_popescu we are not discussing "satisfaction rate" [10:49]
mircea_popescu we are discussing that mpex handles everything within the same day, and to counter this tux claiomed they do it in 20 minutes. [10:49]
mircea_popescu except the forum is replete with cases they do no such thing. [10:49]
mircea_popescu which makes him a liar (again, for that matter, no big deal, it's banal by now) [10:49]
bgupta they didn't say everything.. they said most.. my take is if they handle more than 50% in 20 minutes… that means that statement is correct.. the rest could take weeks/months. [10:51]
bgupta I don't yet see evidence of outright lying. [10:52]
mircea_popescu tyhat is not what he said. [10:52]
mircea_popescu what he said was : "Most open tickets have a resolution within 20 minutes. Remaining cases are when there is not enough information, or when issues are not simple user-specific issues (or linked to an outage)." [10:52]
mircea_popescu This means that ALL tickets that are properly spelled out and affect a single user are handledwithin 20 mintes. [10:52]
mircea_popescu it also means that the ONLY cases where a ticker takes over 20 minutes is when either a. there's no info or b. there's an outage and the ticket relates to the outage. [10:53]
mircea_popescu reading is very important as a skill. [10:53]
bgupta well. I'd be curious to know what they mean by "simple user-specific issues" IE: Does that preclude "complicated user-specific issues"? [10:54]
mircea_popescu heh. [10:54]
mircea_popescu what i mean is : they are NOT transparent. [10:55]
mircea_popescu they're horrible communicators, with a long history of such incompetence. [10:55]
mircea_popescu that people in general read crap like their recent release and think something was said is a property of large crowds of people. [10:55]
mircea_popescu nothing more. [10:55]
bgupta I don't read "when issues are not simple user-specific issues (or linked to an outage)" as "when issues are not simple user-specific issues that are linked to an outage" [10:55]
mircea_popescu again, that's not what i said. [10:55]
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mircea_popescu it also means that the ONLY cases where a ticker takes over 20 minutes is when either a. there's no info or b. there's an outage and the ticket relates to the outage. [10:56]
mircea_popescu or is an or. [10:56]
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bgupta well, their PR matched my read on the situation, as a number of btc sites where were being hammered at that time. [10:56]
mircea_popescu for a while. [10:57]
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mircea_popescu http://polimedia.us/trilema/2013/boys-and-girls-i-got-news-were-being-probed/ [10:57]
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mircea_popescu this was being discussed two weeks ago. [10:57]
mircea_popescu and they are still being useless. not saying anything concrete about the ddos [10:57]
mircea_popescu makes them either dumb or pointless in this context. [10:58]
bgupta I'm reading it as we take care of simple issues in 20 minutes… complex issues or outage related issues exluded. [10:58]
bgupta let's see if they will.. what do you want to know? [10:58]
mircea_popescu the list is in the article above. [10:58]
mircea_popescu it says specifically what i wish from a service that aspires to be halpful. [10:59]
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mircea_popescu then again i guess that's asking a little much, they probably don't have the technical ability to do anything other than read tickets from their host. [11:04]
mircea_popescu so they wouldn't kniow what to say anyway. [11:04]
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bgupta I think that they are at a scale that they are using "helpdesk staff" that are largely following scripts. [11:09]
bgupta If it fits in script they can reply within 20 mins, if not it needs to be escalated [11:10]
bgupta (Saying this because I have worked in customer service orgs in the past. [11:10]
mircea_popescu i know they have. [11:11]
bgupta (I was third level support, and it generally took a long time to get to my desk, and if it did it wasn't trivial to solve. [11:11]
mircea_popescu but that doesn't give them license to lie about it. [11:11]
mircea_popescu when i say you suck and mpex owns you, he says "this is true" [11:11]
mircea_popescu that's telling the truth. [11:11]
mircea_popescu wehn he comes back wityh "no we're better" he's getting the bitchslap. [11:11]
mircea_popescu seems logical to me. [11:11]
mircea_popescu obviously he doesn't have a prayer in hell to compete seeing how he handles < 1k and i do over 1k. of course my service would be better. [11:12]
mircea_popescu nevertheless... it is what it is. [11:12]
bgupta well it depends on what your criteria of comparison is… If a pretty site is the criteria, they win.. if never having been hacked is the criteria you win. It's not balck or white. [11:13]
mircea_popescu no. [11:13]
bgupta there are many other ways to measure.. those were just two examples. [11:13]
mircea_popescu the criteria is having customers serviced within the day [11:13]
mircea_popescu as the post delineated it [11:13]
mircea_popescu i have no idea why this is so difficult. [11:13]
bgupta You guys don't even directly compete, so that makes comparison even harder. Anyway this is turning into a bit of a rathole.. IE: we are probably not going to change each others opinions. [11:16]
mircea_popescu well, the thing is, i'm really uninterested in oppinions. i am stating facts. [11:17]
mircea_popescu unlike oppinions, facts are verifiable. [11:17]
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bgupta So are the bot algos relatively public? Trying to understand why some spreads are so wide and others aren't? Or are the less tight spreads situations were there is a human counterparties on the book? [11:22]
bgupta bbiab [11:22]
mircea_popescu if you mean mpoe bot absolutely not public at all. [11:23]
assbot [BTCTC] [ASICMINER-PT] 8 @ 0.77 = 6.16 BTC [-] [11:28]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-] [11:28]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [-] [11:28]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7689 BTC [-] [11:29]
assbot [BTCTC] [ASICMINER-PT] 20 @ 0.7671 = 15.342 BTC [-] [11:29]
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assbot [BTCTC] [CRYPTO-TRADE] 2 @ 0.2 = 0.4 BTC [+] [12:20]
assbot [HAVELOCK] [SDICE] 25 @ 0.365 = 9.125 BTC [+] [12:21]
assbot [HAVELOCK] [SDICE] 15 @ 0.365 = 5.475 BTC [+] [12:22]
assbot [BTCTC] [S.DICE-PT] 1 @ 0.0045 BTC [+] [12:22]
dub ;;ticker [12:24]
gribble BTCUSD ticker | Best bid: 137.50339, Best ask: 137.99979, Bid-ask spread: 0.49640, Last trade: 137.99979, 24 hour volume: 67917.79154725, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.97076 [12:24]
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troc ;;bids 0 [12:44]
gribble There are currently 31105962 bitcoins demanded at or over 0.0 USD, worth 10993520.0394 USD in total. | Data vintage: 40.9189 seconds [12:44]
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bgupta what's the deal with this? http://coinlab.com/press I seem to still be able to directly access my mtgox account? [12:55]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7501 BTC [-] [12:55]
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assbot [BTCTC] [BTC-BOND] 10 @ 0.01 = 0.1 BTC [+] [13:00]
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bgupta ;;goxlag [13:04]
gribble MtGox lag is 0.270389 seconds. During this time, light travels 0.000541856528574 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU). [13:04]
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jurov bgupta: seems no deal so far, at all [13:16]
KRS1337 wtf is up with LTC price [13:17]
jurov they announced just move of "biggest account" [13:17]
bgupta links? [13:17]
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KRS1337 does this mean its done? [13:19]
jurov bgupta: http://coinlab.com/status [13:19]
jurov KRS1337: imho just more people like me pulled out some ltcs from socks [13:20]
bgupta seems at some point it will come mandatory? [13:20]
KRS1337 dont understand [13:20]
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jurov KRS1337: i had quite a few ltcs bought year ago stashed at various places [13:21]
jurov and recently sold some [13:21]
bgupta KRS1337: What is your question? IE: WHo are you talking to? [13:21]
KRS1337 jurov [13:21]
jurov so more ppl did the same, i guess [13:21]
bgupta so jurov you aren't gonna wait to see if mtgox wil follow through? [13:21]
KRS1337 so the ltcs at BTC-e are worthless, but tthe ltc's at another exchange arent? [13:21]
jurov bgupta, just get rid off mtgox completely. fortunately i'm not american, just following [13:22]
KRS1337 will I lose my btc investment too soon? wtf is going on [13:22]
KRS1337 great friday morning i woke up to [13:22]
jurov imho coinlab hit some major snags with these alphas, hence no update [13:22]
bgupta ltc had rally on mtgox rumor/pseudo-news.. (that mtgox was gonna trade ltc) [13:23]
jurov KRS1337: what??? [13:23]
bgupta jurov, where else can I trade btc with liqudity [13:23]
jurov bgupta, trade mpex stocks instead :D [13:23]
KRS1337 jurov: idk..i see ltc tanking then i hear get away from gox..idk what to do [13:24]
jurov and if you absolutely must trade btcusd, bitfloor seems to be rising. [13:24]
KRS1337 so i can probably transfer them to another exchange? I see people on btc-e losing their asses [13:24]
KRS1337 on ltc [13:24]
bgupta am trading AM but not trading on MPOE yet. [13:25]
jurov KRS1337: just inform yourself at recent mtgox happenings. they are just seriously inept. [13:25]
jurov and i never said anything about btc-e!!! [13:25]
KRS1337 i know..its just me [13:25]
bgupta KRS1337: Dude ltc hit an all time high on btc-e based on rumos that mtgox is gonna start allowing ltc trading there.. [13:26]
jurov that's bs, it went up before that announcement [13:26]
bgupta it's pulled back quite a bit as people who bought ltc at very low prices are taking profits [13:26]
KRS1337 its all in the red [13:26]
KRS1337 low $3? [13:26]
jurov i'm not going to predict anything. just don't panic and wait it out [13:28]
KRS1337 hmmm maybe i can buy a ton right now [13:28]
KRS1337 but when it slows down [13:29]
jurov it is possible ltc will get more attractive since btc starts to be unusable for micropayments. or maybe not. [13:29]
bgupta KRS-1: it was below $.10 not that long ago.. [13:32]
bgupta KRS1337: to [ut it in perspective http://www.ltc-charts.com/period-charts.php?period=3-months&resolution=day&pair=ltc-btc&market=btc-e [13:32]
bgupta look at the chart and relax [13:33]
KRS1337 mk [13:33]
bgupta it's way more volitile than btc at the moment [13:33]
KRS1337 ya thats a good thing..i have no long term interest in ltc..just wanted to throw a buch down right quick but did not expect this [13:34]
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bgupta buy or sell? [13:34]
mircea_popescu what, ltc bubble popping ? [13:35]
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KRS1337 yeh looks like value gone way done [13:37]
KRS1337 down [13:37]
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assbot [MPEX] [S.MPOE] 1300 @ 0.00070684 = 0.9189 BTC [+] [13:39]
assbot [MPEX] [S.MPOE] 1300 @ 0.00070685 = 0.9189 BTC [+] [13:39]
assbot [MPEX] [S.MPOE] 3400 @ 0.00070686 = 2.4033 BTC [+] [13:39]
bgupta if ltc moves to mtgox it will get some liquidity… can't say that will neccesarily help the price but it should be eaasier than btc-e [13:41]
joeykrim mircea_popescu, talked last night with kakobrekla who recommended i ask you .. ive been putting in bets on bitbet.us and was wondering if you had any insight on why some get rejected? [13:42]
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mircea_popescu well, have you looked at the faq any ? [13:42]
joeykrim wanted to refine my approach to help save us both time and put in better bet suggestions hah [13:42]
mircea_popescu this is a merituous approach. [13:43]
joeykrim read the faq, stay away from bad bets, something i would bet on [13:43]
mircea_popescu right. pm some examples then [13:43]
mircea_popescu KRS1337 maybe you're confusing price and value ? [13:43]
joeykrim can i pm you the address ive been using? [13:43]
mircea_popescu pretty much the one use of ltc that i can see atm is to play ponzi. do you see another ? [13:43]
mircea_popescu joeykrim sure that works. [13:43]
joeykrim sent thx [13:43]
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KRS1337 yes mircea popescu i am [13:48]
bgupta mircea_popescu: Arguably one could have said the same about btc 3 years ago… IE: Many claimed btc was a big ponzi scheme that created value out of nothing.. I'm not convinced but there may be value in having more than one cc. [13:49]
KRS1337 maybe.. bgupta i think about that [13:49]
mircea_popescu bgupta this is a broken argument. [13:50]
mircea_popescu at the time people were saying that about btc 1. btc was unique and 2. they were being ignorant. [13:50]
mircea_popescu at the time i'm saying this about ltc, 1. ltc is a copy of btc with no actual advantage and 2. i'm not ignorant. [13:50]
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deadweasel ;;ticker [13:53]
gribble BTCUSD ticker | Best bid: 136.56113, Best ask: 136.90000, Bid-ask spread: 0.33887, Last trade: 136.90000, 24 hour volume: 68876.63929509, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.14460 [13:53]
deadweasel morning all [13:53]
mircea_popescu hya [13:54]
MJR_ ;;bc,24hbrc [13:55]
gribble Error: "bc,24hbrc" is not a valid command. [13:55]
MJR_ hi all [13:55]
mircea_popescu ello [13:56]
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deadweasel ;;bc,24hprc [13:58]
gribble 134.80 [13:58]
MJR_ ;;goxlag [13:58]
gribble MtGox lag is 0.702306 seconds. During this time, light travels 0.00140741336059 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU). [13:58]
MJR_ ;;ticker [13:58]
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gribble BTCUSD ticker | Best bid: 136.50000, Best ask: 136.99899, Bid-ask spread: 0.49899, Last trade: 136.50000, 24 hour volume: 69060.31474902, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.14890 [13:58]
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MJR_ ;;bids 0 [13:59]
gribble There are currently 31113948 bitcoins demanded at or over 0.0 USD, worth 11041719.7415 USD in total. | Data vintage: 0.0106 seconds [13:59]
mircea_popescu o look, 11 mn [14:07]
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mircea_popescu https://self-evident.org/?p=993 [14:08]
mircea_popescu whoever is writing that please get better colors. [14:08]
KRS1337 if I want to sell btc but gox is lagging really bad does that mean i get a really bad market price or my sell orders might not go through? [14:10]
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bgupta umm it means that you need to read what the difference is between a market order and a limit order [14:10]
mircea_popescu KRS-1 use limit orders i guess [14:11]
mircea_popescu yeah [14:11]
bgupta ;;goxlag [14:11]
gribble MtGox lag is 15.922054 seconds. During this time, light travels 0.0319076179438 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU). [14:11]
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KRS1337 ok thanks [14:12]
KRS1337 I appreciate your insight [14:13]
ThickAsThieves ;;bc,stats [14:13]
gribble Current Blocks: 229785 | Current Difficulty: 6695826.282596251 | Next Difficulty At Block: 229823 | Next Difficulty In: 38 blocks | Next Difficulty In About: 6 hours, 30 minutes, and 51 seconds | Next Difficulty Estimate: 7687054.9986 | Estimated Percent Change: 14.80368 [14:13]
bgupta ;;ticker [14:14]
gribble BTCUSD ticker | Best bid: 137.50000, Best ask: 137.99900, Bid-ask spread: 0.49900, Last trade: 137.99999, 24 hour volume: 69290.11482755, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.16736 [14:14]
bgupta ;;goxlag [14:14]
gribble MtGox lag is 1.238126 seconds. During this time, light travels 0.00248119064125 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU). [14:14]
KRS1337 yes- limit order that is what i meant about my sell order not going through- market price is lower than my selling price at that moment, but my view to the actual market price is obscure [14:14]
KRS1337 this can cause a major sell mentality with people [14:15]
KRS1337 people are lemmings for the most part [14:15]
* KRS1337 is now known as KRS1 [14:16]
KRS1 im not sure cloudflare KNOWS how to protect against dos, they just seem to put up a maint page if it gets too bad [14:17]
Scrat KRS1 they actually do and it's great value for price, but not very secure [14:18]
Scrat they MITM all your traffic [14:18]
KRS1 yet when it gets too bad, it goes to their "offline" page [14:18]
mircea_popescu scrat has it. [14:18]
mircea_popescu its consumer doohickey, great for if your ex's nephew is ddosing your cooking blog [14:19]
KRS1 right.. [14:19]
joeykrim KRS1, i think you might only see that in one specific region until they re-route to another region [14:19]
KRS1 that could be-yes [14:19]
KRS1 or their customers are just not big enough?? [14:19]
KRS1 big $ demands moar pipe? [14:19]
KRS1 reminds me of back in the day with foonet mafia..its been a while. [14:20]
mircea_popescu all these idiots thinking they're "journalists" [14:23]
mircea_popescu it boggles the mind. [14:23]
KRS1 lol someones about to buy 3900 namecoins for 30 btc [14:27]
Scrat today's fuckup: http://www.reddit.com/r/Bitcoin/comments/1bq2p8/coinbase_publishes_your_name_and_email_publicly/c98yibg [14:28]
mircea_popescu what those are a dollar too ? [14:28]
mircea_popescu bwahaha o gawd. [14:28]
Scrat sorry for incoming paste [14:28]
Scrat [14:22] http://www.facebook.com/harley.skyberg?ref=ts&fref=ts [14:28]
Scrat [14:22] bought [14:28]
Scrat [14:22] https://coinbase.com/checkouts/dd24f66b49e34b97d2bbe0e3a9a2eeb4 [14:28]
Scrat [14:22] 229BTC worth of a drug called ""AVALANCHE SPA POWDER"" - ie. the kind of quantity the feds might be interested in. [14:28]
Scrat [14:22] coinbase just ruined somebodies life [14:28]
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cads hey mircea_popescu , ce faci? [14:28]
mircea_popescu bine [14:28]
mircea_popescu ouch [14:29]
KRS1 they should just give me the 30 btc instead of buying namecoins, at least i'll talk dirty to them or something [14:29]
cads heeh [14:29]
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mircea_popescu Scrat i bet the forum will be full of people saying "thank you mpoe-pr for warning us not to trust these muppets a month ago" [14:30]
Scrat who the fuck is mpoe-pr, isn't that you? [14:31]
mircea_popescu my pr. [14:31]
Bugpowder lol [14:31]
Bugpowder Bids now > $11.1MM [14:31]
mircea_popescu Bugpowder and yet the price is going nowehre. [14:31]
mircea_popescu so it wasn't gox doing it, it's not related to the dollars on the exhange, running out of theories here. [14:32]
KRS1 haha scrat [14:32]
saulimus Bugpowder, yes, at those prices they bid at. [14:35]
cads mircea_popescu: I have a help request and project proposal for you. [14:35]
mircea_popescu shoot. [14:35]
cads mircea_popescu: this summer I will work towards implementing a marketplace for BTC <-> LTC futures. [14:36]
mircea_popescu KRS1 http://www.oreillynet.com/pub/a/network/2005/02/04/ddos.html btw [14:36]
cads mircea_popescu: Is that the kind of project that you would be interested in mentoring? [14:36]
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mircea_popescu are you hiring a consultant ? [14:36]
cads No, I intend to do all the research and coding myself - API + engine. The web front end will be done by friends. [14:37]
KRS1 mircea popescu: yeah there was a lot of publicity on that..I'm good friends with the guy who caused it..it seems homeland security was on the same network he was killing for 3 weeks [14:37]
KRS1 so they paid him a visit.. [14:37]
mircea_popescu link is to charges dismissed. [14:37]
mircea_popescu cads aha ok. [14:37]
KRS1 noooo he went to prison.. [14:37]
KRS1 the thing is..his company was getting DDoS'd and he was hitting them back, but 10X harder [14:37]
KRS1 it was a big fiasco and admittedly exciting back then [14:38]
mircea_popescu but... [14:38]
mircea_popescu the link... [14:38]
cads mircea_popescu: I would not be able to pay you for your time. I would want to talk to you about high level architecture and implementation details. [14:39]
mircea_popescu well, whatever you get away with leeching in public chan then i guess. [14:39]
KRS1 yeah the link..i really can't explain it..i had to wait for Paul to get out, he told me about it..sucked..he did time. [14:39]
cads mircea_popescu: barring any formal mentorship/student relationship, I would like at least to ask you basic questions over the next few months. [14:39]
mircea_popescu finance consulting is finance consulting, more expensive than hiring a lawyer, [14:40]
mircea_popescu which is more expensive than going to the dentist [14:40]
cads I agree. I would be asking essentially for 'gratis' financial consulting. Not a winning proposition for you by any means. [14:41]
bitesak sounds like a great idea [14:41]
mircea_popescu prolly needs a better model. [14:41]
mircea_popescu in general this "i shall put together found items in the hope of constructing something of value" works fine if what you're doing is art projects in highschool. [14:42]
ThickAsThieves i think mp is saying you dont have to ask to ask, and he doesnt have to answer [14:42]
cads I in turn have some wonky ideas. I want to build the core engine in haskell. I want to release the software for free. I'd like to help run the exchange, but I do not wish to be paid for it. [14:42]
mircea_popescu ThickAsThieves yes, that, plus, you can't sanely rely on the end result working. [14:42]
cads mircea_popescu: this is part of what I consider my "free work". Some people do a finance internship. I will build an exchange. [14:43]
Scrat cads: haskell would be a bad idea. only a few people in the world would be able to read it [14:43]
cads "free work", of course, is not work I do for free, but work I do to increase my public reputation in ways beyond what normal allowances of authority would give. [14:43]
assbot [HAVELOCK] [VTX] 1 @ 0.445 BTC [-] [14:44]
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KRS1 lol haskell [14:44]
MJR_ hey, haskell is kinda cool [14:44]
Scrat try erlang [14:44]
MJR_ someone was trying to port bitcoin-qt to haskell [14:44]
mircea_popescu cads yeah well, most people don't dop internships on opm [14:44]
mircea_popescu so the most reasonable thing to do is set a clear sum of your own pocket aside as guarantee (10 btc, .5 btc, w/e) [14:45]
mircea_popescu and limit trades to that. [14:45]
mircea_popescu and put a plain warning in the about file, this is what this is. [14:45]
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cads Scrat: I agree writing the code in haskell would make the software obscure. However I know a number of derivatives design and valuation packages that run in haskell. Haskell has great support for financial contracts. [14:45]
mircea_popescu as long as you're learning you can use anything you want. [14:46]
mircea_popescu use fortran [14:46]
cads Speculatively, haskell provides a direct path for producing code that is verified mathematically correct [14:46]
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ThickAsThieves ;;ticker [14:46]
gribble BTCUSD ticker | Best bid: 138.47700, Best ask: 138.50000, Bid-ask spread: 0.02300, Last trade: 138.50000, 24 hour volume: 68834.52654232, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.21438 [14:46]
ThickAsThieves ;;asks 139.94 [14:47]
gribble There are currently 1842.3181 bitcoins offered at or under 139.94 USD, worth 256753.041292 USD in total. | Data vintage: 0.0014 seconds [14:47]
cads only languages that are harder to use than haskell offer this feature. Language such as Agda II, Cayenne, bitc, or Coq. [14:47]
cads and yes, I said Coq :P [14:47]
ThickAsThieves ;;bids 135 [14:47]
gribble There are currently 2698.3713 bitcoins demanded at or over 135.0 USD, worth 365396.597563 USD in total. | Data vintage: 13.2939 seconds [14:47]
bitesak ;;asks 149 [14:48]
gribble There are currently 17923.011 bitcoins offered at or under 149.0 USD, worth 2583454.10924 USD in total. | Data vintage: 82.4161 seconds [14:48]
KRS1 there it goes 3224 namecoins for 24 btc [14:50]
KRS1 lol [14:50]
cads mircea_popescu: I am a mathematician, not a coder, so I don't expect this project to succeed without some serious help. I have the whole #haskell community. I have 5 years of haskell. I can use ruby, python, php etc for frontend. I will rework my ideas on attribution and profit share (it may be best to arrange that I profit financially from a successful completion). Will this be a project you can provide moral support to? [14:52]
cads mircea_popescu: aside from moral support and guidance, I will ask questions about how the mpex was implemented. [14:53]
cads This is all. I do not expect more than an hour each week of interspersed conversation. About as much as we've talked already, in fact. [14:53]
cads in fact, I think I'm happy with your proposed offering of whatever I can pick up in here. [14:54]
MJR_ could he use a non-turing complete forth-like scripting language? [14:55]
MJR_ jk [14:55]
cads eventually when I can model arbitrary contracts, they will be implemented as a non-turing complete contract-composition syntax [14:55]
cads MJR, I will be following the classical "Composing Contracts" paper: http://contracts.scheming.org/ [14:56]
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MJR_ kewl [14:57]
MJR_ i was just drawing a parallel to the scripting aspect of bitcoin transactions [14:58]
mircea_popescu cads those you certainly aren't getting answered. [14:58]
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MJR_ but i got my backend exhchange stuff working...step one is complete [14:58]
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mircea_popescu if you think about it, this is proprietary sowftware which constitutes the main tangible asset of a corp mkt-valued at about a hundred million dollars. [15:00]
MJR_ mpex? [15:01]
mircea_popescu yea [15:01]
MJR_ nice [15:01]
cads mircea_popescu: sounds like a reasonable protection [15:02]
mircea_popescu there's parts about mpex that are very open, such as for instance the use of gpg to protect orderflow [15:03]
cads Also, as I intend to publicly document each step of the process, and then release the result for free to whoever wishes to provide starting reserve capital, I understand I will get ridiculed [15:03]
mircea_popescu or some parts of the server architecture [15:03]
mircea_popescu these are well documented on trilema, and i'm pushing people to adopt them [15:03]
mircea_popescu (people, being donkeys, know better, so they continue getting owned a la coinbase) [15:04]
error4733 sold coinbase mail DB PM for offer [15:05]
error4733 :trollface: [15:05]
mircea_popescu 10ltc [15:06]
cads :D [15:06]
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mircea_popescu what's moral support in your definition ? [15:07]
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cads mircea_popescu: I believe that what a student can do greatly increases even by having a teacher that says 'it is possible'. Moral support means philosophical and encouragement. It would mean a great deal to have whatever positive, constructive input you wish to provide. When we provide others with moral support, we do it only so far as it helps our reputation or internal sense of gratification at having helped someone. [15:10]
mircea_popescu a, that's a different beast. [15:11]
mircea_popescu it certainly possible to build a ltc/btc futures market. [15:11]
mircea_popescu unless you're pointedly an idiot about it, it's going to be useful, too. [15:11]
mircea_popescu the other definition of moral support however is as to third parties. you can't go around saying "i'm working with mp on this" unless we actually have a deal of some sort. [15:12]
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cads mircea_popescu: I would certainly keep you on the anonymous gratitude lisk [15:13]
cads even up to what we've talked already [15:13]
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MJR_ basically stressing the difference between "endorsement" and "encouragement" [15:13]
cads precisely [15:13]
mircea_popescu something like that. [15:13]
cads I do not wish to profit from recieving your public endorsement, no. [15:13]
mircea_popescu it's not a crime, it's business. stuff i sign off on does better in the marketplacer [15:14]
cads any private friendship will be repayed in kind to my social network. [15:14]
mircea_popescu s.bbet being probably the shiniest example. [15:14]
cads I believe I am creating this exchange as a gift to the community [15:14]
mircea_popescu but anyway : deprived is one fellow actively doing some ltc/btc futures stuff, tho mostly otc. [15:14]
MJR_ now you are getting on shaky territory [15:14]
cads I do not wish to profit from it in ways other than 1) public reputation if I succed, and 2) transferrable skills regardless of whether I fail or succeed. [15:15]
MJR_ its funny but "altruism" engenders less trust than profit [15:15]
cads I agree [15:15]
MJR_ those should be positive side effects of a workable sustainable plan [15:15]
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mircea_popescu yeah, this entire "make a gift to the community" thing is suspect. [15:16]
MJR_ hehehe, i knew thats what you would say [15:16]
mircea_popescu doing a general "this is how a successful business is made" documentary thing is one thing. [15:16]
mircea_popescu but when taaki stole and "released" the bitcoinica code [15:16]
mircea_popescu the only result was some even worse idiots made bitfinex. [15:16]
mircea_popescu there's no real benefit in making an open source thing the general public may confuse with a financial market to their detriment. [15:17]
mircea_popescu empowering people to run nuclear power plants in their garage is not a good thing [15:17]
cads mircea_popescu: I have already been advised once that for the project to succeed and be safe and beneficial long term. [15:17]
MJR_ hmmm...great idea...but can we sell that? [15:17]
MJR_ (garage based nuclear power) [15:18]
cads I am starting to change my opinion, due to the 'trust' argument [15:18]
DeaDTerra WTS G.SDICE,G.MPOE,G.BBET,BTCQuick :) pm me with offer [15:18]
cads mircea_popescu: this is where this community's advice is already coming in handy. [15:19]
cads I can see reason. [15:19]
cads If I have to set myself up to financially benefit, and hold the new company as a private organization, I will [15:19]
MJR_ point is, people can't calculate your ephemeral motives, hence they can't arrive at the same conclusions...if based on clear mathematical profit model, they can arrive at the same conclusions and see the benefits [15:19]
mircea_popescu cads you can run it as a strictly limited operation. [15:20]
MJR_ people trust that other people will do whats in their own self interest [15:20]
cads of course, whether I give my income to charity will be a private decision then. My inventive to serve the project honestly will come from that. [15:20]
mircea_popescu "i am doing this to learn, it's not for serious, i have 10 btc set in escrow with X if site fucks up" [15:20]
mircea_popescu that also works. [15:20]
cads Yes. [15:20]
mircea_popescu may be more adequate for what you want. [15:20]
cads I think that would be a suitable initial offering. [15:20]
cads The high level bells and whistles will come in later iterations. [15:21]
mircea_popescu publish your total exposure/don't let people expose you over that sumand that'sthat. [15:21]
MJR_ i think that mpex's model is great...what if x, x', x'' and x''' happen [15:21]
mircea_popescu if you blow up escrow saves you, and you will be the first failed bitcoin business that failed correctly. [15:21]
mircea_popescu would be worth failing just for that. [15:21]
cads That would be extremely valuable to me, even as a failure. [15:21]
mircea_popescu well to everyone. [15:21]
mircea_popescu shows you had the sense to a. ask b. think through c. implement something safe. [15:22]
mircea_popescu big deal. [15:22]
cads Certainly [15:22]
cads very well, I am optimistic about this response [15:22]
mircea_popescu and in general i've always supported stuff that was made to be safe. [15:22]
mircea_popescu my girl regularly roils over things that calously put the public in grave danger [15:23]
mircea_popescu for minor benefits of the "entrepreneur" [15:23]
mircea_popescu just not a sustainable model. [15:23]
cads my eventual goal is attain skills needed to write 1) a mathematical specification of a secure trading 2) a program that is provably correct relative that specification [15:24]
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cads secure trading platform* [15:24]
mircea_popescu cads you ever seen the [15:25]
mircea_popescu hm where isi t [15:25]
cads this is a level of rigor that a few years ago produced L4-Verified, the world's first mathematically correct unix micro-kernel [15:25]
mircea_popescu http://polimedia.us/trilema/2012/probably-the-hottest-business-idea-of-the-moment-in-btc/ [15:25]
mircea_popescu if you can actually build a business on that model for instance, i'd certainly list it. [15:26]
MJR_ that looks awesome [15:28]
MJR_ and it is in some ways a "futures" hedge on code [15:28]
MJR_ never cease to amaze me [15:28]
cads mircea_popescu: though I would be thrilled to offer that, frankly I would need 5 years of software dev manager work before I could assemble and run such a team, to completely forget about capital. [15:28]
MJR_ *slow claps* [15:28]
cads But yes. That is the type of sector I wish to enter. [15:29]
mircea_popescu this is true, just, since we were on the topic of provavbility. [15:29]
cads yeah, I also believe offering provability services would be a great extension to that model [15:29]
cads thanks for sharing that, It's going into my business models brainstorming file [15:30]
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cads Okay, I will first brainstorm about a ~10BTC service [15:30]
pgp cads: are you doing this for a dissertation? [15:30]
cads pgp: I'm not sure if I'm going to remain in school [15:31]
mircea_popescu basically there is going to be space for 10k mathematicians and 100k software experts (this is NOT webdevelopers, ruby coders etc) [15:31]
mircea_popescu all making great salaries, out of btc. [15:31]
MJR_ hahaha [15:31]
mircea_popescu more jobs than all qe rounds ever created. [15:31]
pgp drop out - start up [15:31]
cads if I do, then yes, I expect to use topics like this for my masters/phd [15:31]
mircea_popescu i always said the power of an idea is the number of people it can make drop out of school. [15:31]
mircea_popescu this is why whoredom is such a great thing. [15:32]
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cads but I also have work in applied logic and economics and game theory that is promising [15:32]
MJR_ i think you can draw a clear parrallel to "crop harvesting" and "code development"...it actually seems like a perfect analogy in some ways [15:32]
cads this is more of a project to tempt myself to leave school over :D [15:32]
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pgp lol [15:32]
cads I might be overcommitting [15:33]
cads but I should certainly be able to push up a _small_ service [15:33]
cads I am also recruiting investors for a 3d printing business I'd like to help my brother set up [15:33]
mircea_popescu one of the advantages of the 10btc backstop is that it disencentivises overengineering [15:34]
mircea_popescu it is, after all, 10 btc. [15:34]
cads yep! :D [15:34]
cads that's a genius architecture decision [15:34]
cads I have no problem refactoring the code to scale it [15:34]
mircea_popescu yeah, it's kinda why i make a lot of money consulting. [15:34]
cads mircea_popescu: I tend to give my best advice without knowing it to friends, lol. And less good advice to my consutancy. [15:35]
cads something I ought to change. [15:35]
mircea_popescu i've never noticed such [15:35]
cads well to give an example I helped a friend for free to learn inequalities. Helped me breakthrough a new way to teach inequalities. Spent a couple hours. On the other hand, I charge so much for tutoring that my students often can't afford two hour stretches. [15:37]
cads and that's where I find the real breakthroughs happen [15:37]
cads Really the solution is become a better tutor. [15:37]
cads this is not quite the consulting capacity. [15:37]
mircea_popescu i only teach slaves these days, pretty much. [15:38]
ThickAsThieves ;;ticker [15:38]
cads haha, aka employees? [15:38]
gribble BTCUSD ticker | Best bid: 136.50501, Best ask: 136.94999, Bid-ask spread: 0.44498, Last trade: 136.94999, 24 hour volume: 67129.13784366, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 135.15683 [15:38]
mircea_popescu no, no. [15:38]
assbot [BTCTC] [COGNITIVE] 2 @ 0.15789 = 0.3158 BTC [+] [15:38]
mircea_popescu http://polimedia.us/trilema/2010/nsfw-mosu-cu-joarda/ aka slaves. [15:39]
assbot [MPEX] [S.MPOE] 17150 @ 0.00069535 = 11.9253 BTC [-] [15:41]
assbot [MPEX] [S.MPOE] 1500 @ 0.00068933 = 1.034 BTC [-] [15:41]
cads ;) [15:42]
mircea_popescu http://blockchain.info/address/1JqjoFF8QZwidrTbfnihGHDeu16pbLia1q < ver's shop inbound addy [15:44]
mircea_popescu total sales, 4k [15:44]
mircea_popescu why so low ?! [15:44]
assbot [MPEX] [S.MPOE] 9700 @ 0.00070686 = 6.8565 BTC [+] [15:46]
mircea_popescu ;;ticker [15:50]
gribble BTCUSD ticker | Best bid: 136.50206, Best ask: 136.95000, Bid-ask spread: 0.44794, Last trade: 136.50206, 24 hour volume: 63557.73550732, 24 hour low: 128.00100, 24 hour high: 142.12000, 24 hour vwap: 134.88219 [15:50]
ChaangNoi only teach slaves eh mp? what is the going rate for a virgian romanian sex slave? (female) [15:52]
mircea_popescu i don't buy em. [15:52]
mircea_popescu that's kinda the entire point. [15:52]
ChaangNoi gifts? [15:53]
ChaangNoi or just dont has? [15:53]
anarchyxx if i would be making dollars available, for you to buy bitcoins with - how much would pay for it? 1% per day on the amount I lend? [15:54]
ChaangNoi ltc correct a bit, anyone know when gox is going to list them? [15:54]
ChaangNoi ill pay 1% a day says pirateat40 [15:54]
pgp 1% a day sounds about right... [15:55]
mircea_popescu 1% a day ?! what ?! [15:55]
mircea_popescu ;;calc 1.01**365 [15:55]
gribble 37.7834343329 [15:55]
mircea_popescu what exactly are you doing for 3778% apr [15:55]
pgp margin lending on buying BTC... [15:55]
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ChaangNoi pirateat40 paid 1% a day:) [15:55]
mircea_popescu no, he didn't. [15:55]
mircea_popescu he said he would. [15:55]
pgp that's usually what it is over at bitfinex [15:55]
mircea_popescu different story. [15:55]
ChaangNoi he did for almost a year:) [15:56]
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mircea_popescu using bitfinex is like swimming in the east river. [15:56]
ChaangNoi then the sec, lulz [15:56]
pgp 448167.3 USD in outstanding margin loans at weighted averae of 224.08% [15:57]
ChaangNoi but really, who wants fiat? [15:57]
troc ;;bids 0 [15:58]
gribble There are currently 31116429 bitcoins demanded at or over 0.0 USD, worth 11492698.8359 USD in total. | Data vintage: 101.1584 seconds [15:58]
mircea_popescu ;;ticker [15:58]
gribble BTCUSD ticker | Best bid: 136.61003, Best ask: 136.95000, Bid-ask spread: 0.33997, Last trade: 136.95000, 24 hour volume: 61707.94188656, 24 hour low: 128.00100, 24 hour high: 141.95999, 24 hour vwap: 134.66885 [15:58]
pgp how much of the rate is time value of USD vs BTC and how much of it is risk premium of letting those guys hold your USD? [15:58]
ChaangNoi 11 million in bids, nice [15:58]
mircea_popescu stable btc, even nicer. [15:59]
ChaangNoi rock seems to be refuling, i bet next week is a nice jump again (assuming no massive crash on the weekend) [15:59]
anarchyxx yeah its very stable compared to 2 days ago, i like it a lot [15:59]
mircea_popescu two days. this clearly proves btc is not a bubble. [15:59]
ChaangNoi :) [15:59]
ChaangNoi ltc was over $5 for two days lol [15:59]
ChaangNoi it crashed quit a bit [15:59]
anarchyxx i heard some guy dumped 25% of his btc, and made 600k - you think thats a smart move to get out 25% of your stash right now? [16:00]
ChaangNoi i sold 25% of my ltc for btc, then sold that into cash [16:00]
ChaangNoi but im not selling my btc stash [16:00]
ChaangNoi not until 850ish [16:00]
ChaangNoi and then only 10 to 25% [16:01]
pgp gotta live... and life still runs on fiat... [16:01]
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cads mircea_popescu: ah, those kinds of slave. And they have so much to learn I can understand why teaching anyone else might be low priority. [16:01]
ChaangNoi ltc just up 10,000% in 2 months i was like, yeah time to lock in profits [16:01]
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anarchyxx in case of ltc i can't blame you [16:01]
ChaangNoi i had way more than anyone should have, i got lucky [16:02]
mircea_popescu cads moreover, it resolves the "can't afford to pay" issue nicely. [16:02]
bitesak but you said you were probably the unluckiest chap in bitcoin_ [16:03]
mircea_popescu bitesak he changes about weekly. [16:03]
cads mircea_popescu: they _pay_ for your teaching? [16:03]
mircea_popescu cads seeing how i own them already, they don't have to. [16:03]
assbot [HAVELOCK] [HIM] 1 @ 1.919 BTC [+] [16:03]
cads mircea_popescu: very dark. That always seems like nothing more than a game to me. I think I'd have to develop the ownership mentality to be a really good master. [16:06]
mircea_popescu nothing dark about it [16:06]
mircea_popescu education doesn't really work under any other paradigm anyway. [16:06]
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cads Yep, if it's not authentic the atmosphere suffers. [16:07]
cads *shrug* [16:07]
cads plenty of time to play in that regard when I am entirely more possessed of my own sense of greatness [16:08]
mircea_popescu i suspect such a sense is moreover dangerous in that context. [16:08]
cads a humble master, huh? [16:09]
ChaangNoi http://buzz.money.cnn.com/2013/04/05/bitcoin-bubble/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+(Top+Stories [16:09]
mircea_popescu teh true master, beyond great and humble. [16:09]
cads Things to learn. In time ;) [16:10]
mircea_popescu 2nd jgb halt today [16:11]
mircea_popescu japan isn't doing too well. [16:11]
assbot [BTCTC] [GSDPT] 2 @ 0.003498 = 0.007 BTC [+] [16:12]
ChaangNoi lol japan... [16:12]
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mircea_popescu http://bitbet.us/bet/376/bfl-will-stop-giving-refunds-on-bitforce-sc/ [16:15]
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* kakobrekla woke up [16:16]
kakobrekla things will be getting back to normal shortly. [16:16]
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ChaangNoi what is not normal? (other than japan)? [16:20]
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MJR_ mircea_popescu: this article is great [16:26]
MJR_ http://nymag.com/news/features/tide-detergent-drugs-2013-1/index1.html [16:26]
MJR_ "medium of exchange" is the most flexible part of money... [16:27]
mircea_popescu i recall reading that exact thing months ago [16:27]
kakobrekla http://forexmagnates.com/bitcoin-denominated-mt4-trading-at-bit4x/ [16:28]
MJR_ ah, someone talking about bitcoins linked to that, i thought it was very interesting [16:29]
mircea_popescu the gall of these people. [16:30]
mircea_popescu so coinbase comes up with a warning, against phishing. [16:30]
mircea_popescu how did the phishers get the emails ? coinbase leak ? a, we don't mention that. [16:30]
mircea_popescu fucking scum at the bottom of the bitcoin pond, these people. [16:31]
deadweasel https://bitcointalk.org/index.php?topic=167900.0 [16:31]
deadweasel coinbase is leaking [16:31]
mircea_popescu yea [16:32]
MJR_ funny how the volume spiked at the same time as the ny market opened [16:32]
deadweasel correlation, US got woke up or got to their desk. [16:34]
ChaangNoi i think a lot of this is fund traders doing it on the side [16:36]
ChaangNoi hell, who of them would not have heard about btc by now [16:36]
cads mircea_popescu: http://polimedia.us/trilema/2012/probably-the-hottest-business-idea-of-the-moment-in-btc/#comment-90935 "That’s a good point, if the codebase is small formal validation would probably be the way to go." [16:36]
ChaangNoi ltc juped as well :/ [16:37]
cads "One major point which the original article neglects to mention is that this proposed business would be an excellent point of crystallization for true IT competence, drawing some actually qualified people in." [16:37]
cads mircea_popescu: ding ding ding... [16:37]
cads I think I might have hit on an interesting idea [16:38]
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MJR_ yes, that was my point, is that i think there is increasing volume of people accustomed to a 9:30 EST market opening [16:43]
MJR_ that would be a good metric to track... [16:44]
MJR_ to judge the amount of "institutional" or "wall street" interest [16:44]
cads mircea_popescu: do you have customers in mind for the code review adventure? [16:47]
assbot [BTCTC] [PAJKA.BOND] 2 @ 0.1022 = 0.2044 BTC [-] [16:49]
cads I'm thinking risk and externalities on the insurance derivative over this kind of service would be _far_ beyond my abilities to manage. However a code review would be quite lucrative and low risk. Also, it might be reasonable to begin offering formal verification services from the gate, or about 1 year after startup. It's not that hard to teach. When you have your own slaves. [16:50]
cads and I mean employees [16:50]
cads sex-employees cost too much! [16:50]
cads The issue I see with formal verification is so few people know to ask for it by name [16:51]
cads also, I know any number of people that play with the technology _for fun_, but much fewer who have names for themselves (and those guys tend to be happily employed) [16:52]
optimator I've thought about the insurance thing before. I think you'll end up developing pci-type standards and then measuring / certifying the company against those standards [16:53]
optimator http://www.pcicomplianceguide.org/pcifaqs.php [16:54]
cads mircea_popescu: thanks for that stimulating line of thought, I'm getting some positive feedback from my peers already. [16:54]
cads throwing in the bone about coding an exchange, too [16:54]
cads I might see some champing at the bit :) [16:54]
mircea_popescu cads> mircea_popescu: do you have customers in mind for the code review adventure? << sure. pretty much any new service opening. [16:55]
mircea_popescu optimator i think that direction is pretty much diametrically opposed. [16:56]
optimator how so? [16:56]
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mircea_popescu let's go by example : the cc industry is pretty much all pci compliant [16:57]
mircea_popescu about half the cards in the world are available to download on the black market. [16:58]
mircea_popescu the idea is to succeed not to fail here. [16:58]
optimator ah. the issue is pci is broke, not that an open sourced bitcoin security standard would fail [16:59]
mircea_popescu but anyway. pci is pretty much marketing fluff. heavy on the blabla and three letter acronims, pompous definitions and posturing. [16:59]
mircea_popescu very light on actual anything. which mostly boils down to some penetration testing [16:59]
mircea_popescu yes [16:59]
cads http://www.ertos.nicta.com.au/research/l4.verified/approach.pml [16:59]
optimator sure, but i want to provide insurance to a site. but I'll only insure if they meet some standard. How do you define the standard? individual for each site? [16:59]
mircea_popescu a, no, if you read the article/comments it's agreed some standards will have to be arrived at/published [17:00]
cads this approach is essentially extensible to let us create almost anything needed. Bitcoin asic? Verified. LTC asic? verified. Bitcoin stock exchage? [17:00]
cads Can I hear "verified"? [17:00]
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optimator right - pci, was just a placeholder, for an agreed upon standard [17:01]
MJR_ this could be the "slightly smoky dragon" certification that i have been asking for... [17:01]
mircea_popescu "Stay tuned for the first commercially available, fully formally verified microkernel." [17:01]
mircea_popescu what's the news on that btw ? [17:01]
mircea_popescu optimator right. [17:01]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-] [17:01]
assbot [BTCTC] [ASICMINER-PT] 2 @ 0.748 = 1.496 BTC [-] [17:01]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7401 BTC [-] [17:01]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-] [17:01]
assbot [BTCTC] [ASICMINER-PT] 8 @ 0.735 = 5.88 BTC [-] [17:01]
MJR_ my point was that if someone has credibility (mpex) they can call their cert whatever they want, it will have value [17:01]
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cads mircea_popescu: when you realize that this approach takes Coq -> Haskell -> C code, then you see it's about putting Coq in Cunt. Simple. I know ten medium level programmers already dying to be doing this kind of work, even if it was near free. [17:02]
MJR_ so the double cherry truck and slightly smoky dragon were a joke, but they actually could hold weight now [17:02]
mircea_popescu MJR_ well obviously. kinda why those are there, to make that point. [17:02]
cads The only part is the veracity of our code [17:02]
mircea_popescu they weren't entirely a joke. best jokes are half jokes. [17:02]
cads if we turn out _only_ verified code, our reputation would rise quickly. [17:02]
assbot [BTCTC] [S.DICE-PT] 25 @ 0.0038 = 0.095 BTC [-] [17:02]
MJR_ kernel of truth [17:02]
assbot [BTCTC] [S.DICE-PT] 11 @ 0.0037 = 0.0407 BTC [-] [17:02]
MJR_ but it points to certification is only as good as certifier [17:03]
mircea_popescu cads don't get overexcited now. [17:03]
MJR_ in case of mpex...backed by btc [17:03]
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mircea_popescu dow just dropped 100 [17:03]
assbot [MPEX] [S.DICE] 50 @ 0.00333333 = 0.1667 BTC [+] [17:03]
mircea_popescu is now known as down jones [17:03]
thestringpuller !ticker h him [17:04]
assbot [HAVELOCK:HIM] 1D: 1.91900000 / 1.919 / 1.91900000 (2 shares, 3.83800000 BTC), 7D: 1.80000000 / 1.96645135 / 2.08000000 (111 shares, 218.27609996 BTC), 30D: 1.41000000 / 1.8129944 / 2.08000000 (716 shares, 1298.10399240 BTC) [17:04]
thestringpuller oh wow [17:04]
kakobrekla O_O [17:04]
thestringpuller !ticker m ^oix [17:04]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 93.3570601 / 108.2470225 / 135.80742037 (19613 shares, 8,037.73 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [17:04]
thestringpuller heh [17:05]
MJR_ i'm seeing bullish sentiment...if you think GLD contracts expiring today struck at 151 are an indicator...those just doubled in value since the open [17:05]
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thestringpuller ;;bids 108 [17:05]
gribble There are currently 35595.81 bitcoins demanded at or over 108.0 USD, worth 4409417.03238 USD in total. | Data vintage: 0.0056 seconds [17:05]
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eyes hey, anyone got any idea what the precedant is for bets where the conditions become unclear? [17:07]
eyes eg http://bitbet.us/bet/337/bfl-will-deliver-asic-devices-before-may-1st/ [17:07]
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mircea_popescu eyes not really much precedent. what's unclear there ? [17:07]
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eyes the spec on BFL has changed since the bet was made [17:07]
cads mircea_popescu: *shrug* I do this when I make a connection that turns a deep problem into a resource. You should have seen me years ago each time I realized some little math connection. [17:07]
mircea_popescu doesn't matter. spec at the time of the bet being created counts. [17:07]
eyes ok cool [17:07]
eyes thats what i figured but though i would check :D [17:08]
eyes thankyou for quick response! [17:08]
mircea_popescu yeh [17:08]
mircea_popescu otherwiswe would be too easy [17:08]
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mircea_popescu boingboing.net/2013/04/04/american-public-schools-in-9-s.html [17:09]
mircea_popescu how long till someone makes an ipad app to pinpoint mentally retarded female students aged 12 to 14, not on their period, with big tits ? [17:09]
thestringpuller ;;seen smickles [17:13]
gribble smickles was last seen in #bitcoin-assets 22 hours, 30 minutes, and 47 seconds ago: a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm [17:13]
bgupta ;;ticker [17:13]
gribble BTCUSD ticker | Best bid: 137.00000, Best ask: 137.19000, Bid-ask spread: 0.19000, Last trade: 137.00000, 24 hour volume: 60517.06080753, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.46786 [17:13]
thestringpuller ;;later tell smickle pm me when you get the chance [17:13]
gribble The operation succeeded. [17:13]
thestringpuller ;;market sell 100000 [17:14]
gribble A market order to sell 100000 bitcoins right now would net 9458202.1355 USD and would take the last price down to 41.1000 USD, resulting in an average price of 94.5820 USD/BTC. | Data vintage: 0.0044 seconds [17:14]
thestringpuller ;;market sell 200000 [17:14]
gribble A market order to sell 200000 bitcoins right now would net 11368941.2316 USD and would take the last price down to 7.6000 USD, resulting in an average price of 56.8447 USD/BTC. | Data vintage: 11.6483 seconds [17:14]
cads mircea_popescu: as long as american public doesn't know to invest in in policies and products that help identity management and security, shit like this will keep happening. [17:14]
mircea_popescu cads it's an outrage tho. [17:14]
cads mircea_popescu: In America, remember, privacy is 'dirty'. [17:14]
cads A sin. [17:14]
mircea_popescu collectivist swamp you got going there. [17:15]
thestringpuller makes us all wanna move to romania [17:15]
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cads 'People do naughty things in private!' It's only barely dawning on us that privacy protects you from disgusting things. [17:15]
cads Have you guys read about Identiti? [17:16]
thestringpuller mircea_popescu: Simona is at the bank, how do I say this phrase. what is is again, ce froumaousa esti? [17:16]
mircea_popescu ce frumoasa esti. [17:16]
thestringpuller how does that sound? [17:16]
mircea_popescu mkay lesee [17:17]
cads Identifi* http://www.rvl.io/mmalmi/identifi [17:17]
mircea_popescu thestringpuller http://www.youtube.com/watch?v=vuCPqiLNeIU [17:18]
cads It is a proposed complete identity database that will collect all available data on all humans. Get this. For the purpose of leading to a gift economy. [17:18]
mircea_popescu first few syllables. "ce frumoasa esti" [17:18]
mircea_popescu cads the retards re-re-re-inventing a broken version of pgp [17:18]
assbot [HAVELOCK] [SDICE] 1 @ 0.36499999 BTC [-] [17:18]
mircea_popescu i'm so sick of this bullshit [17:19]
mircea_popescu and of the "start-up" freakshow in general. [17:19]
deadweasel it's much worse in btc land [17:19]
assbot [HAVELOCK] [SDICE] 1 @ 0.365 BTC [+] [17:19]
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jurov cads, truly fascinating ideas... but i propose to have btc code formally verified first [17:20]
cads mircea_popescu: worse than that. They want judges to be voted on by a peer network. If the network doesn't like the judge's decision, they can vote another judge. The idea is that people found guilty of crimes will become universally shunned. [17:20]
mircea_popescu orly. [17:20]
mircea_popescu because what the public thinks matters. [17:20]
mircea_popescu the us population < 40 is in dire need of regular weekly beatings [17:20]
cads as if! [17:20]
assbot [HAVELOCK] [HIM] 2 @ 1.919 = 3.838 BTC [+] [17:20]
cads the public _thinks_ its opinion matters, and that's what is important. [17:21]
thestringpuller mircea_popescu: lol [17:21]
cads Such a system would be so easy to influence it would be ridiculous. [17:21]
mircea_popescu yeah, i've enjoyed showing better a large swath of variouses since btc. [17:21]
mircea_popescu jurov ya that'll be the day. [17:21]
cads jurov: you think the BTC devs would like that? [17:22]
jurov *chuckles* [17:22]
thestringpuller haha [17:22]
mircea_popescu joeykrim hey, still there ? [17:22]
cads maybe I start my own coin [17:22]
cads the mathcoin :P [17:22]
jurov yea making proven correct altchain would be prolly easier [17:22]
mircea_popescu stop starting things. [17:23]
cads perfectly verified code base :D [17:23]
KRS-1 you should use haskell [17:23]
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mircea_popescu he should use bitc and name the service oink [17:23]
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thestringpuller oink like the bittorrent tracker? [17:24]
assbot [BTCTC] [BASIC-MINING] 11 @ 0.39 = 4.29 BTC [+] [17:25]
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mircea_popescu bitcoink the bitc whatever [17:25]
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thestringpuller ;;asks [17:27]
gribble (asks [--over] ) -- Calculate the amount of bitcoins for sale at or under . If '--over' option is given, find coins or at or over . [17:27]
mircea_popescu deadweasel 4. Use multiple bets to get more of the wiinings 'weight' << hiow;s that work ? [17:27]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.774 BTC [+] [17:28]
deadweasel seconds] [17:29]
deadweasel 10:24:44 < thestringpuller> oink like the bittorrent tracker? [17:29]
deadweasel i figure multiple bets each get a chunck of weight, so if you split up, maybe get more weight? [17:29]
jurov nope [17:30]
jurov betting 4BTC at is the same result as 4 bets 1 btc each, all weights equal [17:30]
assbot [BTCTC] [COGNITIVE] 1 @ 0.15789 BTC [+] [17:30]
mircea_popescu yeah. [17:30]
deadweasel oh [17:31]
mircea_popescu otherwise wtf [17:31]
deadweasel fixed [17:31]
deadweasel lol, i made that up in my brain. [17:31]
deadweasel stupid brain [17:31]
assbot [BTCTC] [SYNERGY] 1 @ 0.01998 BTC [+] [17:32]
assbot [BTCTC] [SYNERGY] 1 @ 0.01999 BTC [+] [17:33]
kakobrekla Keefe keith_hanson knotwork KRS-1 KRS1 [17:33]
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jurov deadweasel: you're deadweasley or that's somebody else? [17:35]
deadweasel that me, left my vpn on yesterday, had to use web irc at work cos no ssh [17:36]
jurov weren't you hired to do something else? xD [17:37]
deadweasel i'm considering in for my weekend project. [17:37]
deadweasel in / it [17:37]
jurov okay :D [17:37]
MJR_ mircea_popescu: i want to build something like this for your options...there are so many strike prices right now http://imgur.com/zYFS8Pv [17:40]
MJR_ like as a front end i mean [17:40]
mircea_popescu so go ahead [17:41]
mircea_popescu smickles was working on something similar [17:41]
MJR_ you only support polling currently right? [17:41]
MJR_ no data stream? [17:41]
mircea_popescu there's a websocket for trades and tyou can also get the twitter whatever that is [17:42]
* midnightmagic (~midnightm@unaffiliated/midnightmagic) has joined #bitcoin-assets [17:42]
mircea_popescu high: 139.90 low: 135.12 [17:43]
mircea_popescu ahh this is so beautiful [17:43]
thestringpuller IKNORITE [17:43]
thestringpuller high five mircea_popescu [17:43]
denialdenial i have some pretty rad ideas for an options/gui type interface [17:43]
thestringpuller o/ [17:43]
denialdenial can't share [17:44]
thestringpuller (dont leave me hanging) [17:44]
denialdenial hush hush [17:44]
denialdenial ijs [17:44]
denialdenial errybody got projects going [17:44]
mircea_popescu .|. [17:44]
mircea_popescu like that ? [17:44]
thestringpuller yah [17:44]
thestringpuller :D [17:44]
MJR_ denialdenial: what do you think of this http://imgur.com/zYFS8Pv [17:45]
thestringpuller denialdenial: are you related to danieldaniel [17:46]
thestringpuller ;;identify denialdenial [17:46]
gribble Error: That operation cannot be done in a channel. [17:46]
thestringpuller ;;ident denialdenial [17:46]
gribble Nick 'denialdenial', with hostmask 'denialdenial!~jcpham@unaffiliated/jcpham', is identified as user jcpham, with GPG key id C71FB5ED6ACE04AF, key fingerprint F7299BD73879E866613EAB24C71FB5ED6ACE04AF, and bitcoin address 16zaKwZC6n9BMipwLbewYGn8NXEgmN2f3Y [17:46]
denialdenial derp [17:46]
thestringpuller ;;ident danieldaniel [17:46]
gribble Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead. [17:46]
thestringpuller ;;getrating danieldaniel [17:46]
gribble WARNING: Currently not authenticated. User danieldaniel, rated since Wed Jul 13 18:27:02 2011. Cumulative rating 148, from 111 total ratings. Received ratings: 108 positive, 3 negative. Sent ratings: 98 positive, 9 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=danieldaniel [17:46]
denialdenial why you checking dansqaures ratings [17:47]
denialdenial i'm not him [17:47]
denialdenial he's 12 [17:47]
thestringpuller are you 12? [17:47]
denialdenial almost [17:47]
denialdenial very soon. [17:47]
thestringpuller ;;getrating denialdenial [17:48]
gribble This user has not yet been rated. WARNING: Currently not authenticated. [17:48]
jurov are you gay? [17:48]
denialdenial almost [17:48]
denialdenial very soon. [17:48]
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jurov can i help you? [17:48]
denialdenial ;;getrating [ident denialdenial] [17:48]
gribble Currently authenticated from hostmask denialdenial!~jcpham@unaffiliated/jcpham . CAUTION: irc nick differs from otc registered nick. User jcpham, rated since Fri Nov 11 10:35:04 2011. Cumulative rating 102, from 73 total ratings. Received ratings: 70 positive, 3 negative. Sent ratings: 74 positive, 5 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=jcpham [17:48]
assbot [MPEX] [S.MPOE] 13300 @ 0.00070681 = 9.4006 BTC [-] [17:48]
thestringpuller !ticker m s.dice [17:49]
assbot [MPEX:S.DICE] 1D: 0.00313722 / 0.0033218 / 0.00333333 (8140 shares, 27.04 BTC), 7D: 0.0031 / 0.00326054 / 0.00439992 (540907 shares, 1,763.65 BTC), 30D: 0.0031 / 0.00373031 / 0.006 (1695348 shares, 6,324.18 BTC) [17:49]
thestringpuller that will skyrocket as soon as divs are paid [17:49]
thestringpuller jeeze [17:49]
denialdenial check that next to the last rating [17:49]
denialdenial hilarity [17:49]
thestringpuller mircea_popescu: what exactly did erik say? [17:50]
mircea_popescu that he's moved and getting things together. [17:50]
thestringpuller oh is he moving satoshi dice physically? [17:51]
troc is there a public record of that ? [17:51]
thestringpuller he flew to ireland? [17:51]
MJR_ sdice is in ireland [17:51]
MJR_ he moved himself physically :) [17:51]
thestringpuller oh to a bigger penthouse in new york [17:51]
MJR_ no, out of US [17:51]
mircea_popescu nah out of the us [17:51]
MJR_ USSA [17:51]
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thestringpuller does he still work for bitinstant? [17:52]
mircea_popescu lol jurov you help prepubescent prefags grow into the fold ? [17:52]
MJR_ not really [17:52]
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MJR_ they had to split coinapult off of that, i believe, but I don't know all the details [17:52]
thestringpuller oh wow [17:52]
jurov yea. but only bottoms. [17:52]
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assbot [MPEX] [S.DICE] 1000 @ 0.00333333 = 3.3333 BTC [+] [17:55]
MJR_ thestringpuller: thats the funny thing is that the share price goes up AFTER the dividends [17:55]
thestringpuller best time to buy [17:57]
thestringpuller slightly above original ipo tier 2 price [17:57]
thestringpuller ;;seen Bugpowder [17:58]
gribble Bugpowder was last seen in #bitcoin-assets 3 hours, 26 minutes, and 40 seconds ago: Bids now > $11.1MM [17:58]
assbot [MPEX] [S.MPOE] 6200 @ 0.00069564 = 4.313 BTC [-] [17:58]
assbot [MPEX] [S.DICE] 360 @ 0.00333333 = 1.2 BTC [+] [17:58]
* ChaangNo_ (~chaangnoi@node-iu9.pool-118-172.dynamic.totbb.net) has joined #bitcoin-assets [18:00]
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* denialdenial is now known as jcpham [18:09]
bgupta ;;ticker [18:11]
gribble BTCUSD ticker | Best bid: 136.84000, Best ask: 136.99999, Bid-ask spread: 0.15999, Last trade: 136.99999, 24 hour volume: 60351.15215987, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.65262 [18:11]
troc ;;bids 0 [18:11]
gribble There are currently 31166637 bitcoins demanded at or over 0.0 USD, worth 11949599.5809 USD in total. | Data vintage: 0.0106 seconds [18:11]
ChaangNo_ ;;bids 0 [18:12]
gribble There are currently 31166637 bitcoins demanded at or over 0.0 USD, worth 11949599.5809 USD in total. | Data vintage: 67.6056 seconds [18:12]
ChaangNo_ almost 12 million [18:12]
ChaangNo_ weekend rocket? :) [18:12]
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deadweasel ;;ticker [18:14]
gribble BTCUSD ticker | Best bid: 137.29312, Best ask: 137.71069, Bid-ask spread: 0.41757, Last trade: 137.98994, 24 hour volume: 60258.80277878, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.65657 [18:14]
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* ChaangNo_ has quit (Remote host closed the connection) [18:16]
assbot [MPEX] [S.MPOE] 9604 @ 0.0007033 = 6.7545 BTC [+] [18:18]
assbot [MPEX] [S.MPOE] 4031 @ 0.00070686 = 2.8494 BTC [+] [18:18]
assbot [MPEX] [S.MPOE] 9965 @ 0.00070706 = 7.0459 BTC [+] [18:18]
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* LainZ has quit (Ping timeout: 252 seconds) [18:19]
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error4733 ;;ticker [18:28]
gribble BTCUSD ticker | Best bid: 138.00002, Best ask: 138.15557, Bid-ask spread: 0.15555, Last trade: 138.00002, 24 hour volume: 60159.81680270, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.66702 [18:28]
error4733 !ticker m s.dice [18:28]
assbot [MPEX:S.DICE] 1D: 0.00313722 / 0.00332345 / 0.00333333 (9500 shares, 31.57 BTC), 7D: 0.0031 / 0.00326072 / 0.00439992 (542267 shares, 1,768.18 BTC), 30D: 0.0031 / 0.00372916 / 0.006 (1693319 shares, 6,314.67 BTC) [18:28]
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* Anduck has quit (Changing host) [18:33]
* Anduck (~Anduck@unaffiliated/anduck) has joined #bitcoin-assets [18:33]
MJR_ ;;bc,24hprc [18:34]
gribble 134.34 [18:34]
assbot [HAVELOCK] [SDICE] 1 @ 0.360123 BTC [-] [18:36]
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assbot [HAVELOCK] [HIM] 1 @ 1.93 BTC [+] [18:38]
* riX2000 (~riX2000@unaffiliated/rix2000) has joined #bitcoin-assets [18:39]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.743 BTC [-] [18:40]
assbot [BTCTC] [ASICMINER-PT] 7 @ 0.742 = 5.194 BTC [-] [18:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [-] [18:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-] [18:40]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.769 BTC [+] [18:42]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+] [18:42]
* Doffx (~doff@173-160-245-174-Washington.hfc.comcastbusiness.net) has joined #bitcoin-assets [18:43]
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AndroUser ;;ticker [18:44]
gribble BTCUSD ticker | Best bid: 138.00000, Best ask: 138.25000, Bid-ask spread: 0.25000, Last trade: 138.00000, 24 hour volume: 60135.66333421, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.68006 [18:44]
troc ;;bids 0 [18:44]
gribble There are currently 31166837 bitcoins demanded at or over 0.0 USD, worth 12022834.3331 USD in total. | Data vintage: 4.7549 seconds [18:44]
AndroUser Pleasantly surprised we're staying so high in price [18:45]
assbot [BTCTC] [BTC-TRADING-PT] 1 @ 0.1722 BTC [-] [18:48]
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assbot [HAVELOCK] [SDICE] 2 @ 0.3581 = 0.7162 BTC [-] [18:57]
assbot [BTCTC] [PAJKA.BOND] 2 @ 0.1025 = 0.205 BTC [+] [18:59]
assbot [BTCTC] [PAJKA.BOND] 18 @ 0.1026 = 1.8468 BTC [+] [18:59]
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* Ixitachil (~gandalf@ssl-vpn.nurs.ualberta.ca) has joined #bitcoin-assets [19:04]
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deadweasel how does get invited to #bitcoin-security? [19:06]
deadweasel *one [19:06]
assbot [HAVELOCK] [SDICE] 14 @ 0.36 = 5.04 BTC [+] [19:06]
topace|2 if you have to ask, you cant be invited [19:08]
* ThickAsThieves (ThickAsThi@c-98-231-58-41.hsd1.fl.comcast.net) has joined #bitcoin-assets [19:08]
deadweasel i figured [19:08]
topace|2 hehe [19:08]
topace|2 honestly i have no clue [19:08]
topace|2 it just seemed to make sense [19:09]
topace|2 like.. maybe you have to hack your way in? [19:09]
deadweasel probably [19:09]
ThickAsThieves ;;ticker [19:09]
gribble BTCUSD ticker | Best bid: 137.99985, Best ask: 138.00000, Bid-ask spread: 0.00015, Last trade: 138.00000, 24 hour volume: 59900.23588376, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.71313 [19:09]
mircea_popescu there is no bitcoin security. [19:09]
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ThickAsThieves ;;seen namworld [19:09]
gribble namworld was last seen in #bitcoin-assets 1 day, 16 hours, 15 minutes, and 16 seconds ago: lag on the rise... and almost no trading... [19:09]
ivan``` hi [19:10]
assbot [MPEX] [S.DICE] 600 @ 0.00333333 = 2 BTC [+] [19:10]
assbot [HAVELOCK] [SDICE] 1 @ 0.3581 BTC [-] [19:10]
jcpham * Channel #bitcoin-security? modes: +ns [19:11]
jcpham * jcpham sets mode +t #bitcoin-security? [19:11]
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assbot [HAVELOCK] [KCIM] 1 @ 1.17 BTC [+] [19:11]
assbot [HAVELOCK] [KCIM] 3 @ 1.185 = 3.555 BTC [+] [19:11]
thestringpuller !ticker h him [19:12]
assbot [HAVELOCK:HIM] 1D: 1.91900000 / 1.9212 / 1.93000000 (5 shares, 9.60600000 BTC), 7D: 1.87000000 / 1.98256408 / 2.08000000 (103 shares, 204.20409996 BTC), 30D: 1.41000000 / 1.81345201 / 2.08000000 (719 shares, 1303.87199240 BTC) [19:12]
assbot [HAVELOCK] [SDICE] 5 @ 0.3581 = 1.7905 BTC [-] [19:12]
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assbot [HAVELOCK] [KCIM] 1 @ 1.185 BTC [+] [19:15]
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deadweasel topace|2: it's for discussing exploits not in the wild.. yet [19:16]
deadweasel https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures [19:17]
assbot [HAVELOCK] [SDICE] 1 @ 0.3501 BTC [-] [19:17]
thestringpuller !ticker m ^OIx [19:18]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 93.3570601 / 108.2470225 / 135.80742037 (19613 shares, 8,037.73 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [19:18]
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* Bugpowder (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets [19:21]
ThickAsThieves I'm surprised there isnt a BitBet "MtGox will make Litecoin available for trading with BTC and USD" [19:22]
ThickAsThieves so i submitted one [19:22]
Bugpowder ;;bids 0 [19:22]
gribble There are currently 31167170 bitcoins demanded at or over 0.0 USD, worth 12081001.5474 USD in total. | Data vintage: 17.1370 seconds [19:22]
ThickAsThieves ! [19:22]
Bugpowder up up and away! [19:22]
ThickAsThieves http://www.sierrachart.com/image.php?l=1365178675195.png [19:23]
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ThickAsThieves 139 [19:27]
* LainZ (LainZ@nan92-8-88-178-252-103.fbx.proxad.net) has joined #bitcoin-assets [19:28]
assbot [MPEX] [S.DICE] 2424 @ 0.0033 = 7.9992 BTC [-] [19:28]
assbot [MPEX] [S.DICE] 3391 @ 0.00324997 = 11.0206 BTC [-] [19:28]
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ThickAsThieves $avg [19:30]
mpexbot ThickAsThieves: 134.44 [19:30]
bgupta ;;goxlog [19:44]
gribble Error: "goxlog" is not a valid command. [19:44]
bgupta ;;goxlag [19:44]
gribble MtGox lag is 1.069233 seconds. During this time, light travels 0.00214273096027 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU). [19:45]
bgupta ;;goxlag [19:47]
gribble MtGox lag is 103.696989 seconds. During this time, light travels 0.207807604907 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU). [19:47]
bgupta ;;goxlag [19:52]
gribble MtGox lag is 6.830921 seconds. During this time, light travels 0.0136890892012 AU. You could have sent a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU). [19:52]
ThickAsThieves ;;goxlag [19:53]
gribble MtGox lag is 31.669719 seconds. During this time, light travels 0.0634657622842 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU). [19:53]
ThickAsThieves ;;ticker [19:53]
gribble BTCUSD ticker | Best bid: 139.50002, Best ask: 139.88000, Bid-ask spread: 0.37998, Last trade: 139.50002, 24 hour volume: 62471.48988893, 24 hour low: 128.00100, 24 hour high: 140.00000, 24 hour vwap: 135.01616 [19:53]
bgupta dlaiming ddos in #mtgox [19:53]
ThickAsThieves suuuure. [19:53]
bgupta well volume isn't that high.. it's not like there trade engine should be melting down [19:53]
bgupta I executed a buy [19:54]
bgupta it went through right away [19:54]
MJR_ i was wondering about that [19:54]
MJR_ "volume" means number of coins [19:54]
MJR_ is there any reporting of number of transactions? [19:54]
bgupta I beli that there is a DDOS going on. [19:54]
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MJR_ you can do 10,000 transactions for one coin [19:54]
MJR_ at least [19:54]
ThickAsThieves ;;goxlag [19:55]
gribble MtGox lag is 12.045338 seconds. During this time, light travels 0.0241387224857 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU). [19:55]
ThickAsThieves ;;ticker [19:55]
gribble BTCUSD ticker | Best bid: 139.92000, Best ask: 139.98000, Bid-ask spread: 0.06000, Last trade: 139.92000, 24 hour volume: 63174.54465026, 24 hour low: 128.00100, 24 hour high: 140.00000, 24 hour vwap: 135.07365 [19:55]
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bgupta well my transacaction went trough immediately [19:55]
ThickAsThieves so a 10-minute ddos? [19:55]
ThickAsThieves only when price peaks? [19:55]
bgupta seems that it continues until price breaks [19:55]
MJR_ well, i can send one order for 10,oo0 coins...that isn't a lot of "Volume" [19:56]
bgupta people kinda know what's going on now, so I'm not sure we'll see the same tanking [19:56]
MJR_ in other words, their lag is not related to number of coins, but rather to number of orders [19:56]
MJR_ so is their a measurement of number of orders? [19:56]
ThickAsThieves doubtful [19:57]
bgupta No I think the lag is realted to a ddos that's happening [19:57]
MJR_ either way [19:57]
ThickAsThieves especially since you can make soft orders [19:57]
ThickAsThieves that dont even show [19:57]
bgupta soft orders? [19:57]
MJR_ they are unfunded and don't hit the books till funds arrive [19:57]
ThickAsThieves you can have as many bids as you want [19:57]
ThickAsThieves past your USD [19:57]
bgupta oh yeah.. [19:57]
ThickAsThieves they only list the ones that are funded [19:57]
assbot [HAVELOCK] [SDICE] 1 @ 0.34758 BTC [-] [19:57]
ThickAsThieves but others trigger dynamically [19:57]
* Ixitachil has quit (Ping timeout: 245 seconds) [19:58]
ThickAsThieves some think that is the cause of lag [19:58]
ThickAsThieves i make 10000 orders at minimum price [19:58]
ThickAsThieves every tme one fills, all orders need to be adjusted [19:58]
assbot [HAVELOCK] [SDICE] 1 @ 0.345 BTC [-] [19:58]
MJR_ ThickAsThieves: so you are the cause of goxlag? [20:01]
bgupta ;;ticker [20:01]
gribble BTCUSD ticker | Best bid: 140.25622, Best ask: 140.30000, Bid-ask spread: 0.04378, Last trade: 140.30000, 24 hour volume: 63655.09673072, 24 hour low: 128.00100, 24 hour high: 140.25622, 24 hour vwap: 135.11602 [20:01]
bgupta interesting we are above 140 [20:01]
bgupta if you hard refres clarkmoody you get updated numbers, but no live updates [20:02]
ThickAsThieves I am not [20:03]
ThickAsThieves i dont have time for that shit [20:03]
MJR_ 164 strike price options FTW [20:03]
ThickAsThieves if i was buying tons of btc i might do that though [20:03]
MJR_ also, why use clarkmoody now that bitcoinity.org is available? [20:05]
bgupta ;;goxlag [20:05]
gribble MtGox lag is 0.845698 seconds. During this time, light travels 0.00169476932309 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU). [20:05]
ThickAsThieves clarkmoody shows better livebooks... usually [20:05]
bgupta clarkmody is working again [20:05]
ThickAsThieves unless i'm missing somehting about bitcoinity [20:05]
MJR_ ah yes [20:05]
Bugpowder They are complementary [20:05]
MJR_ it does have live book...bitcoinity only has ticker [20:05]
bgupta sockets are working [20:05]
Bugpowder ;;bids 0 [20:06]
gribble There are currently 31152031 bitcoins demanded at or over 0.0 USD, worth 11785518.8965 USD in total. | Data vintage: 0.0105 seconds [20:06]
bgupta ;;asks 1000000 [20:06]
gribble There are currently 56435.086 bitcoins offered at or under 1000000.0 USD, worth 120082663.339 USD in total. | Data vintage: 18.3401 seconds [20:06]
ThickAsThieves number of coins for sale hasnt changed much this week [20:06]
assbot [BTCTC] [PAJKA.BOND] 20 @ 0.09 = 1.8 BTC [-] [20:06]
bgupta It's gone down a bit was low 60s earlier [20:07]
Bugpowder I think we are going to challenge 150 today. [20:07]
ThickAsThieves really? [20:07]
assbot [BTCTC] [BASIC-MINING] 10 @ 0.39 = 3.9 BTC [+] [20:07]
assbot [BTCTC] [PAJKA.BOND] 1 @ 0.1005 BTC [+] [20:07]
bgupta a couple small walls to get through though.. [20:07]
ThickAsThieves ;;asks 149.94 [20:08]
gribble There are currently 14148.485 bitcoins offered at or under 149.94 USD, worth 2058006.08163 USD in total. | Data vintage: 0.0019 seconds [20:08]
bgupta but the buy depth looks like a tidal wave. [20:08]
bgupta "small" being "actually not that small" [20:08]
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Bugpowder yeah. The bid depth is up over 2 million from yesterday [20:09]
Bugpowder that's probably new money looking to buy [20:09]
Bugpowder could take us right up to the wall [20:09]
* sebicas (~sebicas@unaffiliated/sebicas) has joined #bitcoin-assets [20:11]
bgupta looks like it's going up.. [20:11]
bgupta buy flors keep getting thrown up [20:12]
Bugpowder yah. [20:12]
Bugpowder Maybe no dip this weekend too. We already had the correction [20:12]
bgupta no real ceiling for a couple bucks [20:12]
Bugpowder oh my, another shift of a wall forward [20:13]
Bugpowder ;;bids 0 [20:13]
gribble There are currently 31152051 bitcoins demanded at or over 0.0 USD, worth 11589246.0017 USD in total. | Data vintage: 0.0255 seconds [20:13]
jurov vircurex completely wiped from face of earth [20:15]
* _flow_ (flo@star.freakempire.de) has joined #bitcoin-assets [20:15]
kakobrekla jurov? [20:15]
bgupta vitcure? reently? [20:15]
bgupta recently? [20:16]
jurov kakobrekla? [20:16]
bgupta Or ddos [20:16]
kakobrekla whats with the curex [20:16]
jurov i don't know. ping says Time to live exceeded [20:18]
bgupta ;;goxlag [20:20]
gribble MtGox lag is 1.152629 seconds. During this time, light travels 0.00230985561052 AU. You could have sent a bitcoin across the outer diameter of Saturn's rings (0.0024 AU). [20:20]
bgupta ;;tiker [20:20]
gribble Error: "tiker" is not a valid command. [20:20]
error4733 https://docs.google.com/spreadsheet/ccc?key=0Aiec3-Eo_yO5dHB2dVdiaEltUHAtTWlBcFhXQVBYeGc#gid=12 [20:20]
bgupta ;;ticker [20:20]
gribble BTCUSD ticker | Best bid: 140.00001, Best ask: 140.10000, Bid-ask spread: 0.09999, Last trade: 140.00001, 24 hour volume: 60788.31684229, 24 hour low: 128.00100, 24 hour high: 140.75000, 24 hour vwap: 135.69764 [20:20]
TomServo there is a routing loop in the path to vircurex.com [20:21]
TomServo could be DDOS related [20:21]
ThickAsThieves https://twitter.com/Vircurex/status/320224745402544128 [20:22]
* toffoo (~tof@186.221.2.254) has joined #bitcoin-assets [20:25]
* terryww has quit (Ping timeout: 246 seconds) [20:27]
assbot [MPEX] [S.MPOE] 4869 @ 0.00069564 = 3.3871 BTC [-] [20:27]
* anarchyxx is now known as anarchy5 [20:28]
error4733 please erik, why, why publish a half report ? [20:29]
ThickAsThieves there's a report? [20:32]
troc tabs on bottom of spreadsheet ? [20:32]
error4733 19:20 [20:32]
* anarchy5 has quit (Changing host) [20:33]
* anarchy5 (~textual@unaffiliated/anarchy5) has joined #bitcoin-assets [20:33]
error4733 but it's like a clear copy of feb, he start to fill it [20:33]
* Bugpowde_ (~Bugpowder@pool-71-171-106-2.clppva.fios.verizon.net) has joined #bitcoin-assets [20:34]
ThickAsThieves maybe you are watching him work [20:35]
ThickAsThieves its not like he announced an update [20:35]
error4733 yes, done [20:36]
* da2ce7_d (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [20:36]
error4733 net profit 890... [20:36]
error4733 0.00000890 [20:38]
Bugpowde_ Sdice? [20:38]
error4733 yep [20:38]
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* anarchyxx (~textual@d54C542D8.access.telenet.be) has joined #bitcoin-assets [20:39]
* anarchyxx has quit (Client Quit) [20:39]
Bugpowde_ 150 is going down. I know it [20:40]
error4733 monday ? [20:42]
assbot [HAVELOCK] [SDICE] 3 @ 0.3410002 = 1.023 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 6 @ 0.34100001 = 2.046 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 1 @ 0.341 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 12 @ 0.3401 = 4.0812 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 6 @ 0.3400001 = 2.04 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 1 @ 0.3400001 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 1 @ 0.34 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 11 @ 0.34 = 3.74 BTC [-] [20:43]
assbot [HAVELOCK] [SDICE] 20 @ 0.34 = 6.8 BTC [-] [20:43]
ThickAsThieves sell that sdice people! [20:44]
Bugpowde_ Today [20:44]
* anarchyxx (~anarchyxx@d54C542D8.access.telenet.be) has joined #bitcoin-assets [20:44]
deadweasel i'll pick some more up. [20:44]
assbot [HAVELOCK] [VTX] 100 @ 0.4448 = 44.48 BTC [-] [20:44]
* Bugpowdurr (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets [20:47]
* anarchyxx has quit (Client Quit) [20:47]
error4733 cmon it's friday, time to drink [20:47]
* anarchy5 (~anarchy5@unaffiliated/anarchy5) has joined #bitcoin-assets [20:47]
error4733 not to score btc [20:47]
assbot [BTCTC] [ASICMINER-PT] 7 @ 0.76897 = 5.3828 BTC [-] [20:48]
assbot [HAVELOCK] [HIM] 1 @ 1.93 BTC [+] [20:48]
assbot [MPEX] [S.DICE] 2000 @ 0.00329642 = 6.5928 BTC [+] [20:49]
ThickAsThieves 142 [20:49]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.76898 BTC [+] [20:49]
Bugpowdurr NEXT! [20:49]
assbot [BTCTC] [ASICMINER-PT] 7 @ 0.76899 = 5.3829 BTC [+] [20:49]
ThickAsThieves 143 [20:49]
assbot [HAVELOCK] [KCIM] 2 @ 1.185 = 2.37 BTC [+] [20:49]
Bugpowdurr I love clarkmoddy for the dings [20:50]
ThickAsThieves get ready for lag fest! [20:50]
error4733 ;;ticker [20:50]
gribble BTCUSD ticker | Best bid: 141.80000, Best ask: 141.85000, Bid-ask spread: 0.05000, Last trade: 141.80000, 24 hour volume: 60924.16404900, 24 hour low: 129.00100, 24 hour high: 141.89000, 24 hour vwap: 136.18292 [20:50]
assbot [BTCTC] [ASICMINER-PT] 4 @ 0.769 = 3.076 BTC [+] [20:50]
error4733 ;;goxlax [20:50]
Bugpowdurr 144 [20:50]
gribble Error: "goxlax" is not a valid command. [20:50]
assbot [BTCTC] [ASICMINER-PT] 6 @ 0.77 = 4.62 BTC [+] [20:50]
error4733 ;;goxlag [20:50]
gribble MtGox lag is 112.267925 seconds. During this time, light travels 0.224983664686 AU. You could have sent a bitcoin between Earth and Venus at their closest approach (0.254 AU). [20:50]
assbot [HAVELOCK] [VTX] 2 @ 0.4448 = 0.8896 BTC [-] [20:50]
Bugpowdurr ;;calc 3448*143 [20:50]
gribble 493064 [20:50]
Bugpowdurr $500,000 buy order [20:51]
error4733 500k$ BAM [20:51]
Bugpowdurr ha [20:51]
Bugpowdurr and the buy wall at 141.6 is still there [20:51]
Bugpowdurr ;;bids 0 [20:52]
gribble There are currently 31143382 bitcoins demanded at or over 0.0 USD, worth 11579625.3003 USD in total. | Data vintage: 0.0114 seconds [20:52]
* benkay (~benkay@67.50.19.230) has joined #bitcoin-assets [20:53]
ThickAsThieves oh where oh where will we land after lad? nobody knows [20:53]
ThickAsThieves lag* [20:53]
benkay ;;goxlag [20:53]
gribble MtGox lag is 196.769549 seconds. During this time, light travels 0.394323973054 AU. You could have sent a bitcoin from the Sun to Mercury (0.39 AU). [20:53]
benkay dear lord [20:53]
deadweasel i think gox does need ;;goxlax [20:55]
ThickAsThieves hehe [20:55]
ThickAsThieves i'm beginning to believe this soft order thing really is the problemn [20:55]
ThickAsThieves it only lags when there are lots of orders in one direction [20:56]
ThickAsThieves thats not ddos [20:56]
Bugpowdurr it lags when a big order goes off and cleans out a big set of standing orders [20:56]
* hnz (~hnz@koln-5d811f49.pool.mediaWays.net) has joined #bitcoin-assets [20:57]
* evoorhees (~evoorhees@200.108.54.73) has joined #bitcoin-assets [20:59]
mod6 sup [20:59]
* evoorhees is now known as Guest56498 [20:59]
* Guest56498 is now known as evoorhees [20:59]
ThickAsThieves Ola, Erik. [21:00]
evoorhees hola senior [21:01]
* dust-otc has quit (Remote host closed the connection) [21:01]
ThickAsThieves what wonderful sdice updates do you bring us today? [21:01]
error4733 poker ? [21:01]
ThickAsThieves in the rear [21:02]
pizzaman1337 evoorhees: how's that bitinstant debit card going? [21:02]
* Bugpowde_ has quit (Remote host closed the connection) [21:02]
evoorhees oy vey [21:03]
jcpham oh my god wow [21:03]
ThickAsThieves ;;goxlag [21:04]
gribble MtGox lag is 46.315103 seconds. During this time, light travels 0.0928149478423 AU. You could have sent a bitcoin ten times between Saturn and Titan (0.0802 AU). [21:04]
ThickAsThieves ;;tixker [21:04]
gribble Error: "tixker" is not a valid command. [21:04]
Bugpowdurr ;;bids 0 [21:04]
jcpham http://youtu.be/51GZ5hg_ZHk [21:04]
gribble There are currently 31144502 bitcoins demanded at or over 0.0 USD, worth 11685628.9433 USD in total. | Data vintage: 0.0148 seconds [21:04]
ThickAsThieves ;;ticker [21:04]
gribble BTCUSD ticker | Best bid: 142.10100, Best ask: 143.98000, Bid-ask spread: 1.87900, Last trade: 142.10100, 24 hour volume: 60924.16404900, 24 hour low: 129.00100, 24 hour high: 141.89000, 24 hour vwap: 136.18292 [21:04]
* sebicas_ (~sebicas@unaffiliated/sebicas) has joined #bitcoin-assets [21:04]
jcpham oy vey, holy cow, oh my god, wow [21:04]
jcpham they say i'm gettin fresher every time i turn around [21:04]
jcpham day in, and day out, we trying to get this paper [21:05]
* sebicas has quit (Ping timeout: 264 seconds) [21:06]
* sebicas_ is now known as sebicas [21:06]
assbot [MPEX] [S.DICE] [PAID] 445.0881225 BTC to 50`000`000 shares, 890 satoshi per share [21:08]
ThickAsThieves don't spend it all in one place! [21:08]
evoorhees s.dice div paid [21:09]
evoorhees oh bot beat me to it :) [21:09]
mod6 nice [21:09]
evoorhees my apologies for the low performing month, the 1920 btc jackpot really put a damper on things [21:09]
mod6 well, jackpots are part of the game! and keeps interest high. [21:11]
deadweasel it's gambling. i'll take the opportunity to buy more sdice. ;) [21:11]
ThickAsThieves will ther ebe any adjustments to min/max bids going forward? [21:12]
* midnightmagic has quit (Quit: quit) [21:12]
ThickAsThieves to deal with BTC rising value [21:12]
* midnightmagic (~midnightm@unaffiliated/midnightmagic) has joined #bitcoin-assets [21:12]
[\] ;;ident evoorhees [21:13]
gribble Nick 'evoorhees', with hostmask 'evoorhees!~evoorhees@200.108.54.73', is not identified. [21:13]
* DeaDTerra has quit (Ping timeout: 245 seconds) [21:13]
evoorhees ThickAsThieves - yes probably [21:13]
evoorhees has this been a matter of contention? [21:13]
* midnightmagic has quit (Remote host closed the connection) [21:14]
ThickAsThieves only in my own head [21:14]
evoorhees hehe [21:14]
ThickAsThieves just seems logical [21:14]
[\] increasing the max bid? [21:14]
ThickAsThieves any new features coming soon? [21:14]
* midnightmagic (~midnightm@unaffiliated/midnightmagic) has joined #bitcoin-assets [21:14]
kakobrekla withdrawals will be depricated [21:14]
ThickAsThieves feel free to tell me to 'wait for the damn update on forums plz" [21:15]
[\] ThickAsThieves: wait for the damn update on forums plz [21:15]
ThickAsThieves not you [21:15]
ThickAsThieves :P [21:15]
[\] you didn't specify [21:15]
ThickAsThieves okay you can tell me too [21:15]
[\] yay [21:15]
[\] but since I've already told you, I'm done. [21:16]
evoorhees I'll provide a good update in about 2 weeks I think [21:16]
[\] 2 weeks?!? [21:16]
ThickAsThieves but but [21:16]
evoorhees yep [21:16]
[\] is that a bfl 2 weeks? [21:16]
ThickAsThieves hehe [21:17]
evoorhees lol [21:17]
* Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets [21:17]
ThickAsThieves nice Panamanian IP [21:17]
evoorhees thanks [21:17]
evoorhees I'm officially a non US resident [21:17]
evoorhees thank god [21:17]
ThickAsThieves jealous [21:17]
[\] aww [21:17]
[\] how are you gonna be jailed now? [21:17]
assbot [HAVELOCK] [SDICE] 63 @ 0.3391 = 21.3633 BTC [-] [21:17]
[\] you take all the fun out of it [21:18]
error4733 well done, just in time ! [21:18]
evoorhees just in time for what? [21:18]
benkay the eternally impending us crackdown ;) [21:18]
ThickAsThieves a hot summer [21:18]
assbot [HAVELOCK] [SDICE] 10 @ 0.32 = 3.2 BTC [-] [21:18]
assbot [HAVELOCK] [SDICE] 10 @ 0.32 = 3.2 BTC [-] [21:18]
assbot [HAVELOCK] [SDICE] 8 @ 0.3191 = 2.5528 BTC [-] [21:19]
assbot [HAVELOCK] [SDICE] 3 @ 0.31900001 = 0.957 BTC [-] [21:19]
assbot [HAVELOCK] [SDICE] 2 @ 0.3161 = 0.6322 BTC [-] [21:19]
assbot [HAVELOCK] [SDICE] 10 @ 0.31600001 = 3.16 BTC [-] [21:19]
assbot [HAVELOCK] [SDICE] 35 @ 0.3155 = 11.0425 BTC [-] [21:19]
assbot [HAVELOCK] [SDICE] 122 @ 0.315 = 38.43 BTC [-] [21:19]
ThickAsThieves havelock no like sdice divs [21:19]
evoorhees I imagine any "US crackdown" will be in 3-5 years and will be broad and epic [21:19]
evoorhees but for now, bitcoin just got legal status [21:19]
evoorhees I don't think the gov has any intention of a crackdown just yet [21:19]
assbot [HAVELOCK] [SDICE] 2 @ 0.315 = 0.63 BTC [-] [21:19]
error4733 no but more easy for you outside US to deal with large sum of gambling income [21:20]
assbot [HAVELOCK] [SDICE] 3 @ 0.3 = 0.9 BTC [-] [21:20]
assbot [HAVELOCK] [SDICE] 4 @ 0.3 = 1.2 BTC [-] [21:21]
assbot [HAVELOCK] [SDICE] 30 @ 0.3 = 9 BTC [-] [21:21]
assbot [HAVELOCK] [SDICE] 1 @ 0.3 BTC [-] [21:22]
ThickAsThieves what income, just mario coins [21:22]
error4733 3/5 years, a long long way !! [21:22]
error4733 haha, 100% true [21:22]
error4733 for my "IRS" it's like WoW gold [21:22]
* Bugpowder has quit (Ping timeout: 245 seconds) [21:24]
evoorhees hi [21:26]
ThickAsThieves hi [21:26]
evoorhees that's private, but my IP shows panama ;) [21:27]
* terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets [21:28]
ThickAsThieves $1.40 is unaffordable! [21:28]
evoorhees I agree [21:29]
evoorhees I'll change it soon [21:30]
assbot [BTCTC] [S.DICE-PT] 20 @ 0.00439 = 0.0878 BTC [+] [21:31]
* ivan``` has quit (Quit: Bye) [21:33]
bitesak ;;ticker [21:34]
gribble BTCUSD ticker | Best bid: 142.91000, Best ask: 143.50000, Bid-ask spread: 0.59000, Last trade: 142.90000, 24 hour volume: 66234.91364395, 24 hour low: 130.24303, 24 hour high: 144.94000, 24 hour vwap: 137.17646 [21:35]
assbot [MPEX] [S.MPOE] 5700 @ 0.00069796 = 3.9784 BTC [+] [21:35]
assbot [MPEX] [S.MPOE] 13750 @ 0.00070136 = 9.6437 BTC [+] [21:36]
assbot [MPEX] [S.MPOE] 350 @ 0.00070503 = 0.2468 BTC [+] [21:36]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [+] [21:41]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [+] [21:42]
* evoorhees_ (~evoorhees@200.108.54.44) has joined #bitcoin-assets [21:48]
assbot [MPEX] [S.MPOE] 20950 @ 0.00070503 = 14.7704 BTC [+] [21:48]
ThickAsThieves ;;bids 0 [21:49]
gribble There are currently 31146741 bitcoins demanded at or over 0.0 USD, worth 11500405.32 USD in total. | Data vintage: 98.0569 seconds [21:49]
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ThickAsThieves ;;market --buy 2500 [21:49]
gribble A market order to buy 2500 bitcoins right now would take 361889.8503 USD and would take the last price up to 145.9200 USD, resulting in an average price of 144.7559 USD/BTC. | Data vintage: 0.0002 seconds [21:49]
ThickAsThieves ;;market --buy 3500 [21:49]
gribble A market order to buy 3500 bitcoins right now would take 508025.3582 USD and would take the last price up to 146.9727 USD, resulting in an average price of 145.1501 USD/BTC. | Data vintage: 7.8158 seconds [21:49]
* evoorhees has quit (Ping timeout: 240 seconds) [21:50]
ThickAsThieves i dont think we'll see 150 today [21:50]
* evoorhees_ is now known as evoorhees [21:50]
* evoorhees is now known as Guest32733 [21:50]
error4733 ;;goxlag [21:51]
gribble MtGox lag is 18.559306 seconds. During this time, light travels 0.0371926414237 AU. You could have sent a bitcoin ten times between Earth and Moon (0.0257 AU). [21:51]
* Bugpowdurr has quit (Quit: Page closed) [21:52]
[\] evoorhees, are there plans to release/sell more shares? [21:55]
Guest32733 no [21:55]
Guest32733 ack sorry, let me identify [21:56]
* Guest32733 is now known as evoorhees [21:56]
evoorhees here now [21:56]
evoorhees no, no plans to release more shares [21:56]
[\] so it should be pretty stable as to the float at this time [21:56]
* Zerocool has quit (Quit: Leaving) [21:57]
* farfi has quit () [21:59]
evoorhees well that's up to the marketplace :) [22:00]
assbot [MPEX] [S.MPOE] 6500 @ 0.00070706 = 4.5959 BTC [+] [22:07]
evoorhees lol my net worth is nowhere near that [22:09]
evoorhees give it another year maybe [22:09]
MJR_ evoorhees: hey there! [22:12]
evoorhees hi [22:12]
* diana_coman (~diana_com@2.24.215.80) has joined #bitcoin-assets [22:15]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.779 BTC [+] [22:16]
* evoorhees has quit (Ping timeout: 240 seconds) [22:17]
* BTCOxygen (~BTCOxygen@unaffiliated/btcoxygen) has joined #bitcoin-assets [22:22]
* ProfMac_ (42ea7b1c@gateway/web/freenode/ip.66.234.123.28) has joined #bitcoin-assets [22:22]
jurov coinbr users got paid from s.dice, too [22:24]
assbot [BTCTC] [GSDPT] 1000 @ 0.00349 = 3.49 BTC [-] [22:26]
assbot [BTCTC] [GSDPT] 1000 @ 0.00349 = 3.49 BTC [-] [22:27]
pgp friday selloff coming? [22:27]
* sebicas has quit (Quit: sebicas) [22:28]
assbot [BTCTC] [GSDPT] 420 @ 0.00349 = 1.4658 BTC [-] [22:28]
TomServo ;;goxlag [22:29]
gribble MtGox lag is 29.336976 seconds. During this time, light travels 0.0587909714308 AU. You could have sent a bitcoin approximately the distance covered by Voyager 1 in one week (0.0689 AU). [22:30]
* Okmi1599 has quit (Remote host closed the connection) [22:30]
MJR_ s.dice still turned a profit after that month [22:31]
* BUgpowder (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets [22:31]
dub looks like AM added some hashing [22:33]
* Boydy has quit (Remote host closed the connection) [22:33]
dub up to 7Th on guld now [22:33]
dub guild* [22:33]
assbot [BTCTC] [GSDPT] 30 @ 0.00349 = 0.1047 BTC [-] [22:33]
jurov ;;bc,stats [22:34]
* ColinT (~colintull@71-17-100-200.regn.hsdb.sasknet.sk.ca) has joined #bitcoin-assets [22:34]
gribble Current Blocks: 229837 | Current Difficulty: 7672999.920164138 | Next Difficulty At Block: 231839 | Next Difficulty In: 2002 blocks | Next Difficulty In About: 1 week, 6 days, 14 hours, 51 minutes, and 25 seconds | Next Difficulty Estimate: 9604168.81893 | Estimated Percent Change: 25.16837 [22:34]
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* Scrat is now known as Guest24653 [22:34]
dub ;;nethash [22:34]
gribble 54210.8599443 [22:34]
* Scrat_d is now known as Scrat [22:34]
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* evoorhees (~evoorhees@200.108.54.138) has joined #bitcoin-assets [22:37]
* evoorhees is now known as Guest61314 [22:37]
* Guest61314 is now known as evoorhees [22:38]
* unbalanced has quit (Ping timeout: 246 seconds) [22:40]
dub there they go 7,019.47 GH/s [22:40]
dub climbing rapidly [22:41]
pgp http://www.cnbc.com/id/100619555 [22:43]
assbot [BTCTC] [ASICMINER-PT] 15 @ 0.779 = 11.685 BTC [+] [22:44]
pgp offshore bank accounts are so passe... [22:44]
pgp time to move to bitcoins... [22:44]
* Doffx has quit (Quit: Leaving) [22:45]
BUgpowder This should be good for bitcoin... http://thehill.com/blogs/on-the-money/domestic-taxes/292071-obama-budget-to-target-wealthy-iras [22:45]
* szlachta__ (~tiberiusi@gateway/tor-sasl/tiberiusiv) has joined #bitcoin-assets [22:46]
assbot [MPEX] [S.DICE] 3394 @ 0.00313722 = 10.6477 BTC [-] [22:47]
assbot [MPEX] [S.DICE] 150 @ 0.00313722 = 0.4706 BTC [-] [22:47]
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* daybyter has quit (Quit: Konversation terminated!) [22:49]
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* jcpham is now known as denialdenial [22:53]
BUgpowder wheeee [22:55]
* BUgpowder has quit (Quit: Page closed) [23:00]
mircea_popescu ah so sdice paid ? [23:00]
* evoorhees_ (~evoorhees@200.108.54.138) has joined #bitcoin-assets [23:01]
* evoorhees has quit (Ping timeout: 240 seconds) [23:02]
pizzaman1337 yep [23:02]
* evoorhees_ is now known as evoorhees [23:02]
* evoorhees is now known as Guest26824 [23:02]
assbot [BTCTC] [B.YABMC] 1 @ 0.01301 BTC [+] [23:02]
mircea_popescu 150 is going down. I know it << lol [23:02]
ThickAsThieves ;;ticker [23:03]
gribble BTCUSD ticker | Best bid: 142.82500, Best ask: 143.86603, Bid-ask spread: 1.04103, Last trade: 143.86603, 24 hour volume: 69165.45857475, 24 hour low: 130.24303, 24 hour high: 144.94000, 24 hour vwap: 137.79288 [23:03]
ThickAsThieves ;;goxlag [23:03]
gribble MtGox lag is 70.001993 seconds. During this time, light travels 0.140283210191 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU). [23:03]
ThickAsThieves ;;assbotiloveyou [23:03]
gribble Error: "assbotiloveyou" is not a valid command. [23:03]
* guest90842908490 has quit () [23:03]
mircea_popescu just in time for what?<<< poor guy. just because they're not after him doesn't mean he's not paranoid. [23:04]
ThickAsThieves i'd leave the US for the hell of it if my wife was down with it [23:05]
mircea_popescu ThickAsThieves you don't have chains in the house ? [23:05]
ThickAsThieves no sir [23:05]
ThickAsThieves i'm not that type [23:06]
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ThickAsThieves more of a live and let live kinda guy [23:06]
mircea_popescu hey, me too! [23:06]
* jurov is "kill and let 'em croak" [23:07]
jurov (not rly) [23:07]
* Boydy (~BB@CPE602ad06cbfe0-CM602ad06cbfdd.cpe.net.cable.rogers.com) has joined #bitcoin-assets [23:07]
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assbot [BTCTC] [ASICMINER-PT] 1 @ 0.7799 BTC [+] [23:07]
MJR_ so...in a deflationary currency, 0% interest is pretty good [23:08]
mircea_popescu mjr epsilon^ [23:08]
mircea_popescu epsilon% i mean [23:08]
ThickAsThieves i also havent pinpointed a specific place and argument for moving there either [23:08]
MJR_ well, getting back the same exact amount you invested is a net win [23:09]
MJR_ in purchasing power [23:09]
mircea_popescu "honey.... let's move to cancun, a lot of cheap sluts over there and they have bigger tits than you do" [23:09]
MJR_ in S.DICE's case, you have a positive number [23:09]
ThickAsThieves i have at least convinced here we need to get the hell out of Florida [23:09]
topace|2 mircea_popescu: could you add the push date/time to the push receipt ? [23:09]
mircea_popescu MJR_ this is true in principle. bitcoin inflation is still marked however. [23:09]
topace|2 i have no way of knowing if this push request to havelock was before or after the sdice dividend [23:10]
ThickAsThieves sneaky! [23:10]
mircea_popescu topace|2 well the idea is to allow the push-er this freedom [23:10]
* Guest26824 has quit (Ping timeout: 245 seconds) [23:10]
mircea_popescu you can count it from the time he shows it to you [23:10]
ThickAsThieves surely you can log your own push incoming requests no? [23:10]
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jurov topace|2: the gpg signature contains time, no? [23:10]
topace|2 ThickAsThieves: nope [23:10]
mircea_popescu topace|2 you see a problem with that approach ? [23:11]
MJR_ bitcoin is inflationary? on a net basis...i would say it is deflationary now (the goods available are increasing faster than the currency) [23:11]
topace|2 yes, i have no idea if the dividend i received includes the dividend for the units that were pushed or not [23:11]
MJR_ just a thought [23:11]
mircea_popescu well that you can resolve by math, no ? divide net by units ? [23:11]
mircea_popescu MJR_ on a monetarist basis. further currency introduced at a fixed rate, about 10% annualised. [23:12]
topace|2 sure for this one instance, i only have one pending push [23:12]
topace|2 but what if i had like, 10 push requests pending [23:12]
topace|2 how do i know which should receive the dividend, and which shouldnt [23:12]
mircea_popescu i see what you mean. [23:12]
topace|2 aka, which i should approve the push for BEFORE the dividend is paid, and which i should wait to approve the push until after [23:12]
mircea_popescu the thing here is that this sorta conflicts on a philosophical level, as in, i'd rather have tx's dated by parties than by central system. [23:13]
mircea_popescu i'll have an argument over this topic again tho. [23:13]
jurov topace|2: use extra account for pushes [23:13]
jurov i'm fortunate to have one [23:13]
ThickAsThieves does that mean coinbr to havelock pushes are coming soon? [23:14]
topace|2 ThickAsThieves: its on our very long todo list [23:14]
jurov not necessarily :) [23:14]
mircea_popescu but as a prototype : "21:08 [MPEX] [S.DICE] [PAID] 445.0881225 BTC to". all pushes you received prior to 21:08 you count as before [23:14]
mircea_popescu all pushes you received after you count as after. [23:15]
mircea_popescu is this a problem ? [23:15]
jurov yes you "just" have to call stat every few seconds [23:15]
topace|2 not a problem for me, but if someone makes the push before, but doesnt post it to havelock until after, then they completely miss out on the dividend [23:15]
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mircea_popescu topace|2 that'd be their problem. [23:15]
mircea_popescu btc and btc-derivatives are cif not fob. [23:15]
mircea_popescu i think that outlook is crucial to allow us further development cheaper [23:16]
jurov cheaper for mpex, yea [23:16]
mircea_popescu cheaper for the developer. [23:17]
mircea_popescu we do not have the resources to sustain a consumerist attitude on the users. [23:17]
mircea_popescu let their government pay us to do that. [23:17]
mircea_popescu just as soon as they figure out how. [23:17]
jurov i just shrugged over it, write all balance changes to db and then resolve shit manually [23:18]
thestringpuller mircea_popescu: you slept with my banker [23:18]
mircea_popescu thestringpuller i do a lot of sleeping with bankers [23:18]
thestringpuller lol jkjk [23:19]
mircea_popescu but seriously, consider the converse approach : user is actually incentivised to time-attack the entire system [23:19]
topace|2 mircea_popescu: pm [23:19]
mircea_popescu it will become possible if difficult to try and time it so he appears to deserve it both ways [23:19]
topace|2 well ill just go with this for now, kinda in a rush to get out of here [23:19]
thestringpuller !ticker m S.Dice [23:19]
assbot [MPEX:S.DICE] 1D: 0.00313722 / 0.00326249 / 0.00333333 (17108 shares, 55.81 BTC), 7D: 0.0031 / 0.00324529 / 0.00439992 (539474 shares, 1,750.75 BTC), 30D: 0.0031 / 0.00372533 / 0.006 (1704526 shares, 6,349.93 BTC) [23:19]
topace|2 so ill just get this paid and worry about it later [23:19]
mircea_popescu ;;calc 445.0881225 / 50 [23:19]
gribble 8.90176245 [23:19]
thestringpuller !ticker m ^oix [23:20]
assbot [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 93.3570601 / 108.2470225 / 135.80742037 (19613 shares, 8,037.73 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) [23:20]
thestringpuller no new options have been bought? [23:20]
thestringpuller is it like all calls? [23:20]
jurov user is actually incentivised to time-attack the entire system << i don't get it? [23:21]
mircea_popescu 8`037.73 (35.1 / 64.9) i see [23:21]
mircea_popescu jurov if you go by the mpex issued timer, it would be (at least in theory) possible for the user to at least attempt [23:21]
mircea_popescu to make a push request so that the time on it shows he got in early to deserve dividends on PT [23:21]
mircea_popescu but also have already the dividends on MPEx [23:21]
mircea_popescu we'd have to keep clock sync for isntance. [23:22]
jurov O.o so i can't rely on the time?????? [23:22]
mircea_popescu you can rely on time for mpex. [23:22]
jurov in the Dividend statjson part [23:22]
mircea_popescu can you rely on time for mpex matching havelock's server time ?! [23:22]
mircea_popescu no two computers are on the same clock [23:22]
jurov no i understood topace asking for a possibility to compare mpex-issued timestamps [23:23]
mircea_popescu o [23:23]
jurov one from STAT, the other one from push receipt [23:23]
mircea_popescu but his stat would necessarily be a little off the actual divtime [23:23]
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mircea_popescu that interval would then be attackable. [23:24]
jurov not STAT timestamp. the dividends timestamp written in stat [23:24]
thestringpuller mircea_popescu: is that the call to put ratio? [23:24]
mircea_popescu thestringpuller ye [23:24]
thestringpuller whoa 64.9% puts?!?!?!? [23:25]
mircea_popescu jurov that may be workable [23:25]
thestringpuller i am scared for the next 3/4th of the month [23:25]
mircea_popescu which is why i say, i'll have this argued again [23:25]
assbot [HAVELOCK] [SDICE] 9 @ 0.31 = 2.79 BTC [+] [23:25]
thestringpuller !ticker h him [23:26]
assbot [HAVELOCK:HIM] 1D: 1.91900000 / 1.92266667 / 1.93000000 (6 shares, 11.53600000 BTC), 7D: 1.87000000 / 1.98205865 / 2.08000000 (104 shares, 206.13409996 BTC), 30D: 1.41000000 / 1.81361388 / 2.08000000 (720 shares, 1305.80199240 BTC) [23:26]
mircea_popescu jurov you'd also prefer timestamp on push receipts ? [23:26]
jurov no need to argue, if the push timestamp can be extracted from gpg signaature [23:26]
jurov i think it is supported, hence no problem [23:26]
mircea_popescu i don't recall that being a documented feature ;/ [23:27]
thestringpuller you can get timestamps from gpg i think [23:27]
thestringpuller tells you time signes [23:27]
thestringpuller tells you time signed [23:27]
mircea_popescu there's a difference between "you can get" and "developer assures you it's workable" [23:27]
jurov gpg: Signature made Pi 5. apríl 2013, 21:17:58 CEST using DSA key ID CFE0F3E1 [23:27]
jurov ^^^ just threw my recent DEPOSIT response into gpg [23:28]
mircea_popescu yeh [23:28]
jurov so the time is there [23:28]
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mircea_popescu compare a stat's announced time with it's sigtime [23:28]
thestringpuller mircea_popescu what is attackable though? i would think risk is on the pt ooerator not mpex [23:29]
assbot [BTCTC] [ASICMINER-PT] 1 @ 0.78 BTC [+] [23:29]
mircea_popescu thestringpuller even so. [23:29]
mircea_popescu the argument was "allows us to develop cheaper". [23:29]
mircea_popescu guy down the road being massacred is no consolation to me. [23:29]
thestringpuller develop cheaper what? [23:29]
mircea_popescu everything. [23:29]
mircea_popescu stuff like the pushing around. [23:29]
thestringpuller but how so? to steal what? [23:30]
mircea_popescu get doubledivs. [23:30]
mircea_popescu ity's really the doublespend attack [23:30]
thestringpuller from mpex?!? [23:30]
mircea_popescu look. [23:30]
assbot [HAVELOCK] [SDICE] 10 @ 0.3008 = 3.008 BTC [-] [23:30]
assbot [HAVELOCK] [SDICE] 90 @ 0.3 = 27 BTC [-] [23:30]
thestringpuller explain like i am 4 [23:31]
mircea_popescu whenever there's three entities moving payments on the internet there's this classical well documented problem of the doublespend. [23:31]
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mircea_popescu that you'll have to read up on. [23:31]
thestringpuller i see [23:31]
mircea_popescu bitcoin solves it by the blockchain solution [23:31]
mircea_popescu mpex solves it by the "fu, all times are construed to our best advantage" solution [23:32]
mircea_popescu this is way cheaper than 50TH/s [23:32]
mircea_popescu also way faster than 10 minute blocks. [23:32]
jurov the sigtime is same (down to seconds) as the one in stat [23:33]
mircea_popescu jurov i'm impressed. [23:33]
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mircea_popescu $mpexlag [23:33]
mpexbot mircea_popescu: 0.105636119843 seconds [23:33]
mircea_popescu meh, then again it would be. [23:33]
taub oo breakout soon [23:33]
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mircea_popescu ;;ticker [23:34]
gribble BTCUSD ticker | Best bid: 143.90000, Best ask: 144.00000, Bid-ask spread: 0.10000, Last trade: 144.00000, 24 hour volume: 70257.63553139, 24 hour low: 130.24303, 24 hour high: 144.94000, 24 hour vwap: 138.22468 [23:34]
jurov even if it would be a second or two apart, that is well inside requirement for this application [23:34]
mircea_popescu i'd be worried if it's anything other than a second anyway [23:35]
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mircea_popescu "Hey @jimcramer can we set up a time to chat about Bitcoin? If your not convinced, I'll give you 5 BTC for free #Bitcoin #BitInstant" [23:36]
mircea_popescu shremspells. [23:36]
mircea_popescu "@maxkeiser 1h Despite state-orchestrated massive DDoS attacks on BTC exchanges this week; BTC inching up toward record high territory." jesus twitter is just like reddit [23:38]
jurov aka ganjix getting invited to CNBC [23:38]
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benkay stop arguing with proles, dude [23:43]
benkay the proles* [23:43]
benkay for a nominally epic top you sure do enjoy exposing yourself to mental anguish [23:44]
benkay ;) [23:44]
mircea_popescu benkay max keiser is in particular a funny one. day before yest he was like, o, i predict, 300 dollars per btc. [23:44]
mircea_popescu i told him to stfu, he deleted that tweet, now he's [23:44]
* denialdenial is now known as jcpham [23:44]
mircea_popescu @maxkeiser 1h [23:44]
mircea_popescu My trade idea earlier in week of parking a few $150 priced BTC in Silver is paying off nicely. [23:44]
pigeons usagi got a twitter [23:45]
mircea_popescu is he leveraging the synergy ? [23:46]
benkay what does that mean, to park $150 priced BTC in silver? [23:46]
benkay convert btc to silver holdings? [23:47]
jurov bought usagis asset? [23:47]
mircea_popescu benkay that retrospectively, he sold some btc. [23:48]
MJR_ lol maxkeiser and shrem, i saw those on twitter [23:48]
MJR_ i am shooting for squawkbox [23:48]
MJR_ rather than cramer [23:48]
MJR_ better traders in the early morning [23:48]
jurov but rly, i'm looking forward to some high-profile blogger getting caught in nether parts of bitcoin "security" market [23:49]
MJR_ cramer is for housewives etc [23:49]
benkay can't really say as I understand the value in paying much attention to the newly minted chattering classes on twitter, especially w/r/t high finance [23:49]
benkay don't know how much i care about people who buy and sell individual coins [23:49]
MJR_ my philosophy is this [23:49]
mircea_popescu benkay but it's funny. [23:49]
MJR_ one million people buying one coin = one million coins on the buy side [23:50]
mircea_popescu o look, it broke through or what was it ? [23:50]
MJR_ we have to enjoy this volatility while it lasts, it won't be here much longer i think [23:50]
mircea_popescu MJR_ one woman's arm = 2lbs of sweet caress. [23:50]
benkay when i want funny, i go to the dog park and watch my dog hump other dogs [23:50]
mircea_popescu 2mn fireants = 2lbs of pure pain [23:50]
MJR_ mircea_popescu: good point [23:51]
benkay it's doubly amusing because he's a pitbull and people get anxious [23:51]
MJR_ not sure how it relates though... [23:51]
mircea_popescu nothing's more dangerous for a new issuance than a large number of clueless investors. [23:51]
* jcpham throws money at the screen [23:51]
MJR_ well...i think if those people actually are worried about losing the ~150 then they aren't who i'm talking about [23:51]
mircea_popescu it's like putting a seedling through a sandblaster. [23:51]
mircea_popescu MJR_ OF COURSE THEY ARE [23:51]
mircea_popescu it;'s all they have [23:51]
MJR_ i'm saying, "if you saw it on the news, if you are interested, just buy one and hold it a year at least" [23:52]
MJR_ watch the ride, learn about it [23:52]
MJR_ don't trade it, for the love of god [23:52]
MJR_ just hold it [23:52]
mircea_popescu yea, because a. they listen and b. they even comprehend wtf the words you just say mean [23:52]
jcpham i give away $150 to my friends [23:52]
jcpham here, free money [23:52]
jcpham they say thanks [23:52]
mircea_popescu jcpham i only do that with women. [23:52]
benkay you don't give things away, mp [23:52]
benkay don't lie [23:53]
MJR_ all i'm saying is that most of my friends could give two shits about 150 [23:53]
MJR_ but they do enjoy being "part of the story" [23:53]
jcpham all of the women i know are my wife's friends so i can't fuck them [23:53]
benkay i know oyour qpq [23:53]
jcpham so they get nothing! [23:53]
MJR_ or being able to say "i was in that back when they were $150" [23:53]
benkay you can't sleep with your friends wives? [23:53]
mircea_popescu benkay o yea ? https://twitter.com/Mircea_Popescu/status/320175664927997953 [23:53]
mircea_popescu what nao benkay ? what nao ? hm ? HUM ? [23:53]
jcpham working on it benkay [23:53]
jcpham may have to trade in for a newer model [23:53]
assbot [HAVELOCK] [SDICE] 5 @ 0.2893 = 1.4465 BTC [-] [23:53]
benkay mircea_popescu i see an exchange there [23:53]
benkay mircea_popescu no gift [23:54]
mircea_popescu no, it's me giving shit away [23:54]
benkay pretty sure your buying nudity [23:54]
benkay you're [23:54]
mircea_popescu im not buying it. [23:54]
mircea_popescu i'm sponsoring it. [23:54]
benkay hurr durr [23:54]
mircea_popescu she's not bad lookin' either. [23:54]
benkay you and i both know this is a dumb conversation, you gave me something of relatively significant value recently [23:55]
mircea_popescu yeah lol, but why not continue something dumb into the ground :D [23:55]
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benkay since when have we not :) [23:55]
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MJR_ that IS how this became the best channel on free node [23:56]
mircea_popescu i was mostly trying to figure out if your mom told you. seems not. whew. [23:56]
benkay for an aristocrat you really scrape the barrel [23:56]
mircea_popescu i'm one of those perverse aristrocrats. [23:56]
mircea_popescu like the stupid guy in point-counterpoint [23:56]
benkay do you read Unqualified Reservations? [23:57]
* farfi has quit () [23:57]
mircea_popescu ocasionally [23:57]
mircea_popescu kinda served the guy, he never answered [23:57]
benkay ooh, care to link? [23:57]
MJR_ for some reason, my friend loves max keiser [23:58]
assbot [HAVELOCK] [VTX] 2 @ 0.4448 = 0.8896 BTC [-] [23:58]
MJR_ i think he may be trolling me [23:59]
mircea_popescu http://polimedia.us/trilema/2013/stage-n-bitcoin-exists/ [23:59]
mircea_popescu MJR_ nothing wrong with him as far as tv personalities go. [23:59]
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