Forum logs for 12 Jul 2012

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
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* Now talking on #bitcoin-otc-eu [07:05]
* Topic for #bitcoin-otc-eu is: Eurozone #bitcoin-otc || http://bitcoin-otc.com || Include hash tag #eu in order notes to group -eu orders. || View all tagged -eu orders here: http://bitcoin-otc.com/vieworderbook.php?notes=%23eu || Exchange rates: !bc,convert CURRENCYCODE || options-> http://polimedia.us/btc || bitcoin hosting -> http://bitvps.com/ [07:05]
* Topic for #bitcoin-otc-eu set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Wed Jul 4 20:29:50 2012 [07:05]
mircea_popescu http://www.washingtonpost.com/world/europe/russia-passes-law-curbing-internet/2012/07/11/gJQAvkzPdW_story.html?wprss=rss_world [07:44]
vodka [ Russia passes law that could curb Internet usage - The Washington Post ] - http://www.washingtonpost.com [07:44]
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Amiga4000 !bc,convert eur [09:26]
gribble 1 BTC = 7.2042 U.S. dollars = 5.89156035 Euros [09:26]
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OneEyed ;;ticker [23:40]
gribble Best bid: 7.15841, Best ask: 7.22795, Bid-ask spread: 0.06954, Last trade: 7.15841, 24 hour volume: 41939, 24 hour low: 7.08, 24 hour high: 7.32 [23:40]
OneEyed Oh, not specialized for EUR? Too bad [23:40]
kakobrekla !bc,convert eur [23:40]
gribble 1 BTC = 7.22795 U.S. dollars = 5.91969697 Euros [23:40]
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kakobrekla OneEyed ^^ [23:40]
OneEyed Yes, I've seen that, but no direct matching of EUR offers? [23:41]
kakobrekla dont think so [23:41]
kakobrekla hm [23:41]
kakobrekla for orderbook i think there is an option [23:41]
kakobrekla but its like [23:42]
OneEyed ;;book EUR [23:42]
gribble Error: Too many orders to list on IRC. Visit the web order book, http://bitcoin-otc.com/vieworderbook.php?eitherthing=EUR to see list of orders for this item. [23:42]
vodka [ #bitcoin-otc order book ] - http://bitcoin-otc.com [23:42]
kakobrekla {mtgoxbid}*{USD in EUR} [23:42]
OneEyed There's no equivalence between MtGox $ bids times $<->€ and MtGox € bids, they're like totally separate markets [23:43]
OneEyed Since there is low volatility on both, it's not surprising, and it's not practical to do arbitrage when getting money out of MtGox is hard, so you can't easily convert your $ to € and vice-versa [23:44]
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sturles OneEyed: There is direct matching between the different currency order books at a fee of 2.5%, so the price can vary 2.5% in either direction between currencies. [23:52]
OneEyed sturles: seriously? You mean they list the original offers + they add up the converted ones? Makes sense, that would explain the lower € spread on Mt.Gox order book [23:54]
sturles Just compare the orderbooks, and you will see matching orders on both sides a little from the middle. Like this USD bid: 7.15000 143.701900 matches this EUR bid exactly: 5.68973 143.701900 [23:58]
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