Forum logs for 17 Nov 2012

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
assbot [MPEX] [S.MPOE] 36667 @ 0.00050122 = 18.3782 BTC [+] [00:00]
assbot [MPEX] [S.MPOE] 12033 @ 0.00050123 = 6.0313 BTC [+] [00:00]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [00:07]
* PsychoticBoy has quit (Changing host) [00:07]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [00:07]
assbot [MPEX] [S.MPOE] 8224 @ 0.00050123 = 4.1221 BTC [+] [00:10]
assbot [MPEX] [S.MPOE] 5705 @ 0.00050123 = 2.8595 BTC [+] [00:10]
* gigavps has quit () [00:12]
* PsychoticBoy has quit (Ping timeout: 252 seconds) [00:19]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [00:19]
* PsychoticBoy has quit (Changing host) [00:19]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [00:19]
assbot [MPEX] [S.MPOE] 4895 @ 0.00050123 = 2.4535 BTC [+] [00:21]
assbot [MPEX] [S.MPOE] 33605 @ 0.00050126 = 16.8448 BTC [+] [00:21]
* PsychoticBoy has quit (Ping timeout: 246 seconds) [00:24]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [00:24]
* PsychoticBoy has quit (Changing host) [00:24]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [00:24]
assbot [MPEX] [S.MPOE] 51216 @ 0.00050126 = 25.6725 BTC [+] [00:30]
assbot [MPEX] [S.MPOE] 2034 @ 0.00050127 = 1.0196 BTC [+] [00:30]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [00:31]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [00:31]
* toffoo has quit () [00:35]
* PsychoticBoy has quit (Ping timeout: 268 seconds) [00:36]
* rdponticelli has quit (Ping timeout: 276 seconds) [00:36]
assbot [MPEX] [S.MPOE] 13414 @ 0.00050127 = 6.724 BTC [+] [00:40]
assbot [MPEX] [S.MPOE] 6886 @ 0.00050128 = 3.4518 BTC [+] [00:40]
jurov wow, someone got real craving for s,.mpoe? [00:40]
* dvide (jack@87-194-145-96.bethere.co.uk) has joined #bitcoin-assets [00:42]
* TomServo_ is now known as TomServo [00:44]
assbot [MPEX] [S.MPOE] 14714 @ 0.00050128 = 7.3758 BTC [+] [00:50]
assbot [MPEX] [S.MPOE] 24286 @ 0.00050131 = 12.1748 BTC [+] [00:50]
* JWU_42 has quit (Quit: Page closed) [00:55]
assbot [MPEX] [S.MPOE] 6014 @ 0.00050131 = 3.0149 BTC [+] [00:59]
assbot [MPEX] [S.MPOE] 11238 @ 0.00050134 = 5.6341 BTC [+] [00:59]
assbot [MPEX] [S.MPOE] 15848 @ 0.00050135 = 7.9454 BTC [+] [00:59]
* Grishnakh_ (~fraiska@dsl-espbrasgw1-febedf00-247.dhcp.inet.fi) has joined #bitcoin-assets [01:02]
* fraiska has quit (Read error: Connection reset by peer) [01:04]
* [7] has quit (Read error: Connection reset by peer) [01:05]
* TheSeven (~quassel@rockbox/developer/TheSeven) has joined #bitcoin-assets [01:05]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [01:07]
* Jackmaninov (~Jackmanin@80.109.40.214) has joined #bitcoin-assets [01:08]
assbot [MPEX] [S.MPOE] 14052 @ 0.00050135 = 7.045 BTC [+] [01:08]
assbot [MPEX] [S.MPOE] 13600 @ 0.00050137 = 6.8186 BTC [+] [01:08]
assbot [MPEX] [S.MPOE] 3048 @ 0.00050141 = 1.5283 BTC [+] [01:08]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [01:12]
* PsychoticBoy has quit (Changing host) [01:12]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [01:12]
* rdponticelli has quit (Ping timeout: 276 seconds) [01:13]
* da2ce7 has quit (Ping timeout: 240 seconds) [01:16]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [01:16]
* Smoovious has quit (Ping timeout: 252 seconds) [01:17]
* Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets [01:18]
assbot [MPEX] [S.MPOE] 12600 @ 0.00050141 = 6.3178 BTC [+] [01:18]
assbot [MPEX] [S.MPOE] 32300 @ 0.00050141 = 16.1955 BTC [+] [01:18]
* Gladamas_ (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [01:23]
* Gladamas_ has quit (Client Quit) [01:25]
* Gladamas has quit (Ping timeout: 252 seconds) [01:25]
* Gladamas_ (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [01:25]
assbot [MPEX] [S.MPOE] 32152 @ 0.00050141 = 16.1213 BTC [+] [01:28]
assbot [MPEX] [S.MPOE] 6199 @ 0.00050142 = 3.1083 BTC [+] [01:28]
* Gladamas_ has quit (Ping timeout: 265 seconds) [01:33]
* PsychoticBoy has quit (Ping timeout: 246 seconds) [01:34]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [01:35]
* PsychoticBoy has quit (Changing host) [01:35]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [01:35]
* Gladamas (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [01:35]
assbot [MPEX] [S.MPOE] 8550 @ 0.00050142 = 4.2871 BTC [+] [01:37]
assbot [MPEX] [S.MPOE] 34001 @ 0.00050142 = 17.0488 BTC [+] [01:46]
assbot [MPEX] [S.MPOE] 6999 @ 0.00050142 = 3.5094 BTC [+] [01:46]
assbot [MPEX] [S.MPOE] 13564 @ 0.00050142 = 6.8013 BTC [+] [01:57]
mircea_popescu hi all... [02:03]
* mircea_popescu dilligently reads up [02:03]
mircea_popescu funny thing is, he paid me more than I originally gave him before he quit paying <<< omg clawback [02:03]
mircea_popescu https://bitcointalk.org/index.php?topic=50817.msg1339857#msg1339857 <<< lmao. apparently after the piece on trilema icbit price suddenly moved a dollar. [02:05]
mircea_popescu ahahah [02:05]
mircea_popescu kakobrekla ^^ [02:05]
mircea_popescu so they did not figure out to this moment whether you did place an order or not? << this is exactly why the website model does not work too well for exchanges [02:07]
mircea_popescu "i did so place an order!" "no you did not!!!" is bs. show me your signed receipt ? [02:07]
mircea_popescu that's the way to do it. [02:07]
assbot [MPEX] [S.MPOE] 15737 @ 0.00050142 = 7.8908 BTC [+] [02:07]
assbot [MPEX] [S.MPOE] 17499 @ 0.00050144 = 8.7747 BTC [+] [02:07]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [02:08]
thestringpuller smickles [02:10]
thestringpuller or should i say mr. smickles [02:10]
thestringpuller I'm finally at a machine, as you can see I am typing much faster [02:10]
thestringpuller mircea_popescu: So you lived the revolution of 89. I had a good friend who was conceived during that revolution... [02:11]
* Gladamas_ (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [02:11]
mircea_popescu i disclaim any liability. [02:11]
thestringpuller it would be a very small world now wouldn't it [02:11]
* Gladamas is now known as Guest63647 [02:12]
thestringpuller smickles: I want to sell puts... [02:13]
thestringpuller ;;ticker [02:13]
gribble BTCUSD ticker | Best bid: 11.73780, Best ask: 11.73800, Bid-ask spread: 0.00020, Last trade: 11.73780, 24 hour volume: 58210.62028898, 24 hour low: 11.17500, 24 hour high: 11.80000, 24 hour vwap: 11.49471 [02:13]
* rdponticelli has quit (Ping timeout: 276 seconds) [02:13]
thestringpuller I'll msg you [02:15]
* Guest63647 has quit (Ping timeout: 255 seconds) [02:15]
thestringpuller get back to me when you are around [02:15]
smickles here [02:15]
smickles thestringpuller: ^ [02:16]
thestringpuller Check pm [02:16]
assbot [MPEX] [S.MPOE] 22750 @ 0.00050144 = 11.4078 BTC [+] [02:16]
* Gladamas_ has quit (Quit: No Ping reply in 90 seconds.) [02:25]
assbot [MPEX] [S.MPOE] 15551 @ 0.00050144 = 7.7979 BTC [+] [02:26]
assbot [MPEX] [S.MPOE] 2449 @ 0.00050147 = 1.2281 BTC [+] [02:26]
* asa1024 has quit (Quit: asa1024) [02:27]
BTCHero mircea_popescu: we both know no one is getting another cent, especially not one clawed back from me [02:32]
BTCHero That sort of thing happens in the real world, not bitcoinland [02:33]
mircea_popescu personally, i'm looking forward to youtube vids with patrick homeless under a bridge in a few years. [02:33]
assbot [MPEX] [S.MPOE] 17200 @ 0.00050147 = 8.6253 BTC [+] [02:35]
BTCHero I hope the same of nefario [02:35]
mircea_popescu that;s a foregone point, it's how he lives anyway. [02:36]
smickles thestringpuller: how many, what strike? [02:36]
smickles oh [02:37]
BTCHero Well, I know nothing of his living conditions, just that I want them to deteriorate [02:37]
mircea_popescu i'll settle for "not improve". [02:37]
jurov thestringpuller, can i be of some disservice, too? [02:44]
* Gladamas_ (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [02:44]
assbot [MPEX] [S.MPOE] 700 @ 0.00050147 = 0.351 BTC [+] [02:44]
jurov if not, i'm gonna sleep [02:44]
assbot [MPEX] [S.MPOE] 2651 @ 0.00050147 = 1.3294 BTC [+] [02:44]
assbot [MPEX] [S.MPOE] 25542 @ 0.0005015 = 12.8093 BTC [+] [02:44]
smickles jurov: i think he's afk currently [02:45]
mircea_popescu ahh gotta love capitalism [02:45]
mircea_popescu NO SLEEP FOR YOU [02:45]
smickles jurov: if mircea_popescu at keyboard, we prolly don't need you for what we talked about earlier [02:46]
jurov ha. i'll start mpex brokers' union [02:46]
* smickles pays dues [02:46]
mircea_popescu lol where's pinkerton [02:46]
mircea_popescu https://bitcointalk.org/index.php?topic=125376.msg1340175#msg1340175 someone should point out to garzik that he's making a fool of himself. [02:46]
thestringpuller I'm using coinbr as my mpoe portfolio for now [02:47]
thestringpuller I'm waiting for it go up [02:47]
thestringpuller exponentially [02:47]
thestringpuller after the end of the world [02:47]
mircea_popescu !ticker s.mpoe [02:47]
assbot [MPEX:S.MPOE] 1day: 0.00048619 / 0.00049456 / 0.0005015 (4558726 shares, 2,254.59 BTC), 30day: 0.00041724 / 0.00047429 / 0.00051331 (63096616 shares, 29,926.13 BTC) [02:47]
mircea_popescu under 5 huh [02:48]
mircea_popescu WHY!! [02:48]
thestringpuller no way [02:48]
thestringpuller last trade was at 5 [02:48]
thestringpuller current ask: .00050150 [02:48]
jurov yes, today's development was very intresting [02:48]
* Gladamas_ is now known as Gladamas [02:49]
thestringpuller not really, I think I understand what is going on [02:49]
jurov do tell [02:49]
thestringpuller Someone liquidated early holdings of mpoe that last couple of days as it is gaining value [02:49]
mircea_popescu it's true some people got it as cheap as 9k satoshi [02:50]
smickles *cough* copumpkin *cough* [02:50]
jurov yea but that was yesterday. today completely different things happened [02:51]
thestringpuller it's going to continue growing in the long term [02:51]
thestringpuller it HAS to [02:51]
thestringpuller It's like people who invested in btc 1 year to today [02:51]
smickles so... I'm thinking that my icbit account is locked [02:51]
jurov i told ya.. sell it while you can [02:52]
* smickles should've listened to jurov [02:53]
thestringpuller everyone should listen to jurov [02:54]
thestringpuller he is a good broker [02:54]
assbot [MPEX] [S.MPOE] 15858 @ 0.0005015 = 7.9528 BTC [+] [02:54]
assbot [MPEX] [S.MPOE] 11873 @ 0.0005015 = 5.9543 BTC [+] [02:54]
assbot [MPEX] [S.MPOE] 26685 @ 0.00050154 = 13.3836 BTC [+] [02:54]
* leotreasure has quit (Quit: leotreasure) [02:54]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [02:54]
jurov oh my [02:55]
mircea_popescu let's talk more of it [02:55]
mircea_popescu maybe we can see 6 [02:55]
jurov when i succeed to return all these loans and have more stuff than i began with, then we can talk about me being a broker [02:56]
thestringpuller We will see 6 [02:56]
thestringpuller maybe by end of the year [02:56]
thestringpuller historically mpoe makes money so why shouldn't shareholders be confident? [02:56]
mircea_popescu indeed. [02:57]
mircea_popescu there's not that many actual ways to make money that are in btc. [02:57]
* rdponticelli has quit (Ping timeout: 276 seconds) [02:59]
thestringpuller thus doesn't that make MPOE one of the rare institutions that makes btc besides say, miners, or like bitinstant? [03:01]
assbot [MPEX] [S.MPOE] 25893 @ 0.00050154 = 12.9864 BTC [+] [03:03]
assbot [MPEX] [S.MPOE] 1081 @ 0.00050158 = 0.5422 BTC [+] [03:03]
* Gladamas_ (~Gladamas@dyn.198-57-7-31.swissinet.com) has joined #bitcoin-assets [03:04]
mircea_popescu kinda. [03:04]
mircea_popescu or satoshidice [03:04]
mircea_popescu there's a few businesses and business models that actually make btc revenue. [03:05]
mircea_popescu not so many of them [03:05]
* Gladamas has quit (Ping timeout: 260 seconds) [03:07]
jurov let's make us a new channel: #bitcoin-circlejerk [03:08]
jurov loool it exists.. and guess who is op [03:09]
smickles um... [03:10]
smickles imsaguy [03:10]
jurov no. rawrmage [03:11]
mircea_popescu sounds abrought right. [03:11]
mircea_popescu i mean, abrout [03:11]
assbot [MPEX] [S.MPOE] 12419 @ 0.00050158 = 6.2291 BTC [+] [03:12]
assbot [MPEX] [S.MPOE] 1624 @ 0.00050159 = 0.8146 BTC [+] [03:12]
jurov 'night. [03:14]
mircea_popescu later [03:15]
thestringpuller so it begins [03:16]
thestringpuller congratulations [03:16]
thestringpuller lol [03:16]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [03:20]
assbot [MPEX] [S.MPOE] 35801 @ 0.00050159 = 17.9574 BTC [+] [03:22]
* Chaang-Noi (~J@180.183.1.8) has joined #bitcoin-assets [03:25]
* rdponticelli has quit (Ping timeout: 276 seconds) [03:25]
* Gladamas_ has quit (Read error: Connection reset by peer) [03:31]
* Gladamas (~Gladamas@dyn.198-57-7-31.swissinet.com) has joined #bitcoin-assets [03:31]
assbot [MPEX] [S.MPOE] 14900 @ 0.00050159 = 7.4737 BTC [+] [03:31]
mircea_popescu "Of all the offspring of Time, Error is the most ancient, and is so old and familiar an acquaintance, that Truth, when discovered, comes upon most of us like an intruder, and meets the intruder's welcome." [03:34]
mircea_popescu that's good. [03:34]
smickles very quoteable [03:34]
smickles mircea_popescu: researching tulip futures contracts ? [03:37]
mircea_popescu just re-visiting the popular delusions and madness of crowds book [03:38]
assbot [MPEX] [S.MPOE] 21214 @ 0.00050159 = 10.6407 BTC [+] [03:40]
assbot [MPEX] [S.MPOE] 27032 @ 0.00050161 = 13.5595 BTC [+] [03:40]
* BTC-Mining (~BTC-Minin@modemcable065.181-83-70.mc.videotron.ca) has joined #bitcoin-assets [03:42]
mircea_popescu BTC-Mining ph got the tag, did you see ? [03:44]
* Fiddle has quit (Ping timeout: 244 seconds) [03:44]
* Fiddle (~Fiddle@dslb-188-101-254-173.pools.arcor-ip.net) has joined #bitcoin-assets [03:45]
* da2ce7 has quit (Ping timeout: 246 seconds) [03:46]
* Chaaang-Noi (~J@183.89.115.63) has joined #bitcoin-assets [03:47]
BTC-Mining yup [03:47]
BTC-Mining Not for your thing tho I believe... [03:47]
* Gladamas_ (~Gladamas@dyn.198-57-7-31.swissinet.com) has joined #bitcoin-assets [03:48]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [03:49]
* Chaang-Noi has quit (Ping timeout: 264 seconds) [03:49]
assbot [MPEX] [S.MPOE] 5768 @ 0.00050161 = 2.8933 BTC [+] [03:50]
assbot [MPEX] [S.MPOE] 27250 @ 0.00050164 = 13.6697 BTC [+] [03:50]
assbot [MPEX] [S.MPOE] 10082 @ 0.00050166 = 5.0577 BTC [+] [03:50]
* Gladamas has quit (Ping timeout: 276 seconds) [03:52]
mircea_popescu haha rly ? [03:54]
* Gladamas_ has quit (Ping timeout: 244 seconds) [03:57]
* Gladamas (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [03:57]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [03:59]
assbot [MPEX] [S.MPOE] 10000 @ 0.00050166 = 5.0166 BTC [+] [04:00]
* bonks has quit (Ping timeout: 245 seconds) [04:02]
* matthewh3 has quit (Read error: Connection reset by peer) [04:02]
* rdponticelli has quit (Ping timeout: 276 seconds) [04:04]
* copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets [04:05]
assbot [MPEX] [S.MPOE] 31637 @ 0.00050166 = 15.871 BTC [+] [04:09]
* asa1024 (~asa@unaffiliated/asa1024) has joined #bitcoin-assets [04:10]
* smickles patiently waits for icbit support to email him back [04:13]
* BTC-Mining is now known as Namjies [04:14]
* bonks (bonks@unaffiliated/bonks) has joined #bitcoin-assets [04:14]
mircea_popescu suddenly we comprehend why trade receipts are suck fucking important pieces of info [04:15]
mircea_popescu suck = such [04:15]
smickles mircea_popescu: no, because if you give receipts, you can't scam the suckers ;) [04:16]
mircea_popescu heh. myea. [04:16]
smickles mircea_popescu: ever consider making it to where you use m of n txns instead of holding btc? [04:16]
mircea_popescu all the while, inaba is explaining why the nebulous conflartion of gpg, wot and everything else in his head is "marginal" [04:17]
smickles (for mpex) [04:17]
* da2ce7 has quit (Ping timeout: 240 seconds) [04:17]
mircea_popescu i;ve considered it, but it seems like a lot of trouble for very dubious benefits. [04:17]
mircea_popescu the main disadvantage is that a scheme like that makes all transactions traceable. [04:17]
assbot [MPEX] [S.MPOE] 16363 @ 0.00050166 = 8.2087 BTC [+] [04:18]
assbot [MPEX] [S.MPOE] 22637 @ 0.00050166 = 11.3561 BTC [+] [04:18]
smickles dubious? wouldn't it lower the desireability to attack the exchange, lower your liabilty (risk) and increase the exchange's trustworthyness? [04:18]
smickles although, it's still a lot of work [04:19]
mircea_popescu well, let's see : [04:19]
mircea_popescu i doubt the exchange's trustworthyness can ever exceed mine. in this sense it would increase it from 100% to 100%, so it's a moot point. [04:19]
mircea_popescu the problem of tracing is essential tho. currently money going in/out of mpex is not associable with any user [04:19]
mircea_popescu in the m/n scheme money could be followed through the actual transactions, exposing everyone. [04:19]
smickles ah [04:20]
* smickles didn't think of that [04:20]
mircea_popescu i can see the argument for using that model anyway, but it would be a catastrophic departure from the current model, so nothing i'd entertain lightly. [04:20]
smickles in other news, php takes a long ass time to install [04:21]
mircea_popescu other points are that the complexity of implementation might perversely make the exchange more attack-worthy (as in, more code that could maybe be fucked up ?) [04:21]
mircea_popescu make everything slower and so forth [04:21]
smickles ... if you are updating linux headers, gcc, and 30 other dependancies too... [04:21]
smickles ... compiling them all from source ... [04:21]
mircea_popescu well what's the rush. [04:22]
smickles no rush really [04:22]
thestringpuller ;;ticker [04:27]
gribble BTCUSD ticker | Best bid: 11.68000, Best ask: 11.68979, Bid-ask spread: 0.00979, Last trade: 11.68001, 24 hour volume: 56976.73757283, 24 hour low: 11.17500, 24 hour high: 11.80000, 24 hour vwap: 11.51821 [04:27]
mircea_popescu settled over 11.5 huh [04:27]
assbot [MPEX] [S.MPOE] 5718 @ 0.00050166 = 2.8685 BTC [+] [04:27]
assbot [MPEX] [S.MPOE] 10300 @ 0.00050166 = 5.1671 BTC [+] [04:27]
assbot [MPEX] [S.MPOE] 1963 @ 0.00050166 = 0.9848 BTC [+] [04:27]
assbot [MPEX] [S.MPOE] 8506 @ 0.0005017 = 4.2675 BTC [+] [04:27]
mircea_popescu have there been any [-]s today at all ?! [04:29]
assbot [MPEX] [S.DICE] 140 @ 0.00339942 = 0.4759 BTC [+] [04:31]
assbot [MPEX] [S.DICE] 460 @ 0.00339944 = 1.5637 BTC [+] [04:31]
smickles lol [04:37]
* Shaded (~Shaded@unaffiliated/shaded) has joined #bitcoin-assets [04:39]
assbot [MPEX] [S.MPOE] 10563 @ 0.0005017 = 5.2995 BTC [+] [04:40]
* Gladamas has quit (Read error: Connection reset by peer) [04:41]
* Gladamas (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [04:44]
thestringpuller lord msickles! [04:45]
smickles You may approach, my subject. [04:45]
mircea_popescu http://rt.com/news/austerity-protests-eu-solidarity-727/ << 'We have no future!' EU anger unites millions in protest [04:46]
mircea_popescu welll... if only they figured out bitcoinz [04:46]
smickles thestringpuller: if your are going to mix upthe order of the letters in my name, try for slicks me [04:47]
smickles or sick elms [04:47]
smickles or lick mess [04:47]
thestringpuller i'm sshe'd in through a web browser [04:47]
smickles that's a good one [04:47]
thestringpuller XD [04:47]
smickles secs milk? [04:48]
mircea_popescu kim el scs [04:48]
smickles A Epicures Comp [04:49]
smickles Campier Coupes [04:49]
smickles Campier Coupes [04:49]
assbot [MPEX] [S.MPOE] 19981 @ 0.0005017 = 10.0245 BTC [+] [04:50]
assbot [MPEX] [S.MPOE] 4219 @ 0.00050185 = 2.1173 BTC [+] [04:50]
smickles um, copier capes? [04:50]
mircea_popescu lol [04:51]
smickles oh but thestringpuller wins [04:53]
smickles regentship trull [04:53]
smickles repelling thrust [04:53]
smickles preselling truth [04:53]
smickles pretelling hurts [04:53]
smickles pretells, unright [04:54]
smickles thru lips gentler [04:55]
smickles ^^ [04:55]
* smickles is now known as regentsthrupill [04:56]
* regentsthrupill is now known as smickles [04:57]
assbot [MPEX] [S.MPOE] 35181 @ 0.00050185 = 17.6556 BTC [+] [04:59]
assbot [MPEX] [S.MPOE] 2719 @ 0.00050199 = 1.3649 BTC [+] [04:59]
mircea_popescu presseling truth ?! pretty good! [05:05]
thestringpuller anagrams [05:08]
thestringpuller ram nagas [05:08]
assbot [MPEX] [S.MPOE] 24481 @ 0.00050199 = 12.2892 BTC [+] [05:08]
assbot [MPEX] [S.MPOE] 9319 @ 0.00050204 = 4.6785 BTC [+] [05:08]
thestringpuller :| [05:09]
* Gladamas has quit (Ping timeout: 272 seconds) [05:09]
thestringpuller smickles we will do put at 12 [05:11]
assbot [MPEX] [S.MPOE] 28800 @ 0.00050204 = 14.4588 BTC [+] [05:14]
assbot [MPEX] [S.MPOE] 3581 @ 0.00050204 = 1.7978 BTC [+] [05:15]
assbot [MPEX] [S.MPOE] 23300 @ 0.00050206 = 11.698 BTC [+] [05:15]
assbot [MPEX] [S.MPOE] 4819 @ 0.00050218 = 2.42 BTC [+] [05:15]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [05:15]
assbot [MPEX] [S.MPOE] 21466 @ 0.00050218 = 10.7798 BTC [+] [05:15]
assbot [MPEX] [S.MPOE] 25965 @ 0.00050218 = 13.0391 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 7435 @ 0.00050223 = 3.7341 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 12615 @ 0.00050223 = 6.3356 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 5485 @ 0.00050235 = 2.7554 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 17515 @ 0.00050235 = 8.7987 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 11890 @ 0.00050304 = 5.9811 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 18612 @ 0.00050317 = 9.365 BTC [+] [05:16]
assbot [MPEX] [S.MPOE] 17538 @ 0.00050317 = 8.8246 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 23184 @ 0.00050335 = 11.6697 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 10750 @ 0.00050359 = 5.4136 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 6549 @ 0.00050366 = 3.2985 BTC [+] [05:17]
smickles thestringpuller: you mean we'll do a put when mtgox gets to 12? [05:17]
assbot [MPEX] [S.MPOE] 4951 @ 0.00050366 = 2.4936 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 11850 @ 0.00050369 = 5.9687 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 5449 @ 0.00050369 = 2.7446 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 11422 @ 0.00050369 = 5.7531 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 11279 @ 0.00050369 = 5.6811 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 16800 @ 0.00050373 = 8.4627 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 5821 @ 0.00050375 = 2.9323 BTC [+] [05:17]
assbot [MPEX] [S.MPOE] 28550 @ 0.00050375 = 14.3821 BTC [+] [05:18]
assbot [MPEX] [S.MPOE] 13105 @ 0.00050375 = 6.6016 BTC [+] [05:18]
* rdponticelli has quit (Ping timeout: 276 seconds) [05:20]
* Fiddle has quit (Quit: ~) [05:23]
mircea_popescu that may take a while, seems it's retracing [05:24]
assbot [MPEX] [S.MPOE] 9778 @ 0.00050012 = 4.8902 BTC [-] [05:31]
assbot [MPEX] [S.MPOE] 12607 @ 0.00049986 = 6.3017 BTC [-] [05:31]
assbot [MPEX] [S.MPOE] 16321 @ 0.00049967 = 8.1551 BTC [-] [05:31]
assbot [MPEX] [S.MPOE] 8000 @ 0.0004982 = 3.9856 BTC [-] [05:32]
assbot [MPEX] [S.MPOE] 20741 @ 0.0004982 = 10.3332 BTC [-] [05:32]
assbot [MPEX] [S.MPOE] 4559 @ 0.00049819 = 2.2712 BTC [-] [05:33]
assbot [MPEX] [S.MPOE] 19450 @ 0.00049854 = 9.6966 BTC [+] [05:33]
assbot [MPEX] [S.MPOE] 9792 @ 0.00049961 = 4.8922 BTC [+] [05:33]
assbot [MPEX] [S.MPOE] 9300 @ 0.00049963 = 4.6466 BTC [+] [05:34]
assbot [MPEX] [S.MPOE] 4358 @ 0.0004997 = 2.1777 BTC [+] [05:34]
assbot [MPEX] [S.MPOE] 37942 @ 0.0004997 = 18.9596 BTC [+] [05:34]
assbot [MPEX] [S.MPOE] 2608 @ 0.00049973 = 1.3033 BTC [+] [05:34]
assbot [MPEX] [S.MPOE] 27242 @ 0.00049973 = 13.6136 BTC [+] [05:35]
assbot [MPEX] [S.MPOE] 6050 @ 0.00049978 = 3.0237 BTC [+] [05:35]
assbot [MPEX] [S.MPOE] 16930 @ 0.00049994 = 8.464 BTC [+] [05:35]
assbot [MPEX] [S.MPOE] 13078 @ 0.00049979 = 6.5363 BTC [-] [05:35]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [05:43]
* rdponticelli has quit (Ping timeout: 276 seconds) [05:49]
assbot [MPEX] [S.MPOE] 14970 @ 0.00049994 = 7.4841 BTC [+] [05:50]
assbot [MPEX] [S.MPOE] 28230 @ 0.00050012 = 14.1184 BTC [+] [05:50]
smickles "( ) Enable keyboard shortcuts?" << hell yeah enable keyboard shortcuts! Why isn't that checked by default? [05:56]
mircea_popescu nighty all! [06:02]
* Now talking on #bitcoin-assets [12:54]
* Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://polimedia.us/mpex || https://coinbr.com || https://cryptostocks.com || https://icbit.se || https://therocktrading.com || https://assets-otc.com || https://www.havelockinvestments.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || Net Chart: http://bit.ly/RPclBi [12:54]
* Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Thu Nov 8 15:00:02 2012 [12:54]
mircea_popescu http://blog.smickles.com haha smickles has a blog ? [12:56]
* Smoovious has quit (Ping timeout: 264 seconds) [13:25]
* Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets [13:26]
* tbcoin has quit (Remote host closed the connection) [13:26]
* PsychoticBoy has quit (Ping timeout: 255 seconds) [13:36]
mircea_popescu soo, what's new ? [13:38]
* PsychoticBoy (~Psychotic@5ED180CA.cm-7-2c.dynamic.ziggo.nl) has joined #bitcoin-assets [13:38]
* PsychoticBoy has quit (Changing host) [13:38]
* PsychoticBoy (~Psychotic@pdpc/supporter/active/psychoticboy) has joined #bitcoin-assets [13:38]
Chaang-Noi hostess shut down like i said they would [13:42]
mircea_popescu kickass. [13:42]
mircea_popescu in yo face wonderbread. [13:42]
* leotreasure has quit (Quit: leotreasure) [13:42]
Chaang-Noi lol [13:42]
Chaang-Noi also petraus bs.. looks like he new it was a terrorst attack and he got kicked out cuz he was fail, not cuz sleeping around [13:43]
* W0rmDr1nk (~WormDrink@196-210-161-82.dynamic.isadsl.co.za) has joined #bitcoin-assets [13:48]
* W0rmDr1nk has quit (Changing host) [13:48]
* W0rmDr1nk (~WormDrink@unaffiliated/wormdrink) has joined #bitcoin-assets [13:48]
* tbcoin (~tbcoin@firewall-sistemas.idecnet.com) has joined #bitcoin-assets [13:49]
mircea_popescu o ? link ? [13:52]
Chaang-Noi i saw it on my phone [13:53]
Chaang-Noi he is testifiying before congress [13:53]
mircea_popescu aha [13:53]
Chaang-Noi someone maybe the white house... edited some of the report, cuz election [13:54]
Chaang-Noi http://www.bbc.co.uk/news/world-us-canada-20362941 [13:56]
Chaang-Noi related [13:56]
* FabianB_ (~ogg@p5DE66ABB.dip.t-dialin.net) has joined #bitcoin-assets [14:10]
* FabianB has quit (Ping timeout: 252 seconds) [14:10]
kakobrekla jurov, would it be possible to change the timeframe of the chart here http://live.coinbr.com/?mpsic=S.MPOE [14:11]
kakobrekla on teh fly perhaps [14:11]
jurov you mean, longer time? [14:11]
mircea_popescu a slider bar! [14:11]
mircea_popescu in other news, i'm curious if inaba has an aneurism [14:12]
mircea_popescu https://bitcointalk.org/index.php?topic=124441.msg1340625#msg1340625 [14:12]
jurov or a depth? [14:12]
kakobrekla no current depth is ok i guess [14:12]
kakobrekla just the trades line is quite 'short' [14:12]
kakobrekla no? [14:12]
kakobrekla like for example id like to see last 30d or so [14:13]
jurov in fact yes, i planned to do it someday [14:13]
mircea_popescu maybe just a 1 day 7 day 30 day 365 day set of buttons [14:14]
jurov it's just that currently i have to do other jobs :/ [14:15]
jurov if anyone cared to toss some btc in for charts improvement, it woould be sooner ;) [14:15]
mircea_popescu course now looking at it, i don't understand the depth [14:15]
mircea_popescu why does it look like a - and then | ? [14:15]
mircea_popescu actual depth seems to be more like [14:16]
* kakobrekla supports pwning of inaba [14:16]
mircea_popescu no nm, you're right, there are cliffs around 48 and 52 [14:17]
kakobrekla brb lunch [14:17]
jurov mircea, not sure if you're trolling.. which depth is wrong? bid? ask? [14:17]
mircea_popescu nm nm i was confused. [14:17]
jurov okay :P [14:17]
jurov hm.. i'll put donation addy there and we'll see [14:18]
jurov 1CoinBr662GWdiqVz8mXJUnYjWZbBchKAb [14:19]
mircea_popescu omg why is nobody writing for my contest! [14:19]
mircea_popescu is bitcoin bereft of literary talent! are you all stifs! [14:19]
jurov and the cherry truck is actually used anywhere? [14:19]
mircea_popescu in the cherry thread so far. [14:20]
mircea_popescu it did deliver it's weight in lulz tho, did you see that croppo guy go ? [14:21]
jurov seems i kinda missed that thread [14:22]
mircea_popescu ;;google scammer tag [14:33]
gribble Scammer tag: PatrickHarnett: ; SR Scammer Tag Appeals | SteamRep Forums: ; Tag: scam - Better Business Bureau Consumer Alert: [14:33]
mircea_popescu first one [14:33]
assbot [MPEX] [S.MPOE] 11900 @ 0.00050042 = 5.955 BTC [+] [14:34]
assbot [MPEX] [S.MPOE] 26869 @ 0.00050044 = 13.4463 BTC [+] [14:34]
* dvide has quit () [14:58]
jurov it took me till now to actually read until the picture :/ [15:05]
jurov and i should be doing something completely different [15:06]
mircea_popescu lol sorry. [15:08]
mircea_popescu ;;google "and now for something completely different" [15:08]
gribble And Now for Something Completely Different - Wikipedia, the free ...: ; And Now for Something Completely Different (1971) - IMDb: ; And now for something completely different - YouTube: [15:08]
* Cory has quit (Ping timeout: 276 seconds) [15:16]
* Fiddle (~Fiddle@dslb-188-101-254-173.pools.arcor-ip.net) has joined #bitcoin-assets [15:18]
Chaang-Noi " just like MPEx demolished GLBSE. " [15:18]
Chaang-Noi im pretty sure nefario did that all by himself... [15:19]
Chaang-Noi oh, inaba says the same... [15:20]
* Cory (~Cory@unaffiliated/cory) has joined #bitcoin-assets [15:21]
* vampireb has quit (Quit: Lost terminal) [15:54]
* Chaang-Noi has quit (Remote host closed the connection) [15:55]
kakobrekla mpex demolished glbse by not failing :) [16:19]
kakobrekla its good. [16:20]
assbot [MPEX] [S.MPOE] 29981 @ 0.00050044 = 15.0037 BTC [+] [16:21]
assbot [MPEX] [S.MPOE] 2368 @ 0.00050049 = 1.1852 BTC [+] [16:21]
mircea_popescu http://polimedia.us/trilema/2012/wikocrisy/ << in which i'm pissed @wikipedia [17:15]
kakobrekla hehe [17:23]
kakobrekla stereotypes are hard to beat [17:24]
mircea_popescu what's hard to beat is intellectual indolence [17:26]
mircea_popescu inaba sitting around explaining how he doesn't have to learn to use the wot [17:27]
mircea_popescu that sorta thing [17:27]
jurov little revenge: http://www.encyclopediabitcoinica.com/wiki/Wikipedia ;) [17:30]
kakobrekla well inaba is a puppet with a huge army of stupid followers [17:30]
mircea_popescu kakobrekla yeah, bfl pays forum ppl to put them in the signature. i pay forum ppl to put "fuck you sec" in their signature. [17:31]
mircea_popescu apparently the difference is lost on most of the population. [17:31]
mircea_popescu lol go get em jurov :D [17:31]
jurov bucharest is LA minus fresh air? that means in bucharest there's fresher air or vice versa? [17:34]
jurov (was never in either) [17:35]
mircea_popescu la is famous for being a polluted hellhole [17:36]
mircea_popescu stylistically this implies that compared to bucharest, la has fresh air going for it. [17:37]
jurov then i'd say it's LA plus fresh air... but let's see what english natives say [17:38]
jurov if there are any around [17:38]
jurov and yes, i heard rumors about bay area smog, too [17:39]
mircea_popescu if it's la plus fresh air then that'd mean bucharest has fresh air. quite the contrary [17:39]
mircea_popescu if anyone is into judicialspotting : www.judicialhellholes.org%2Fwp-content%2Fuploads%2F2011%2F12%2FJudicial-Hellholes-2011.pdf [17:40]
jurov bah, that's just 'merica [17:41]
mircea_popescu well yea. [17:42]
jurov i looked forward to seeing slovakia there [17:42]
jurov we don't even have Attorney General for like, more than a year.. cause president just refused to appoint the elected one, for basically "no reason". [17:45]
assbot [MPEX] [S.MPOE] 33200 @ 0.00050049 = 16.6163 BTC [+] [17:46]
* Jackmaninov has quit (Ping timeout: 245 seconds) [17:47]
mircea_popescu so ? [17:49]
jurov so? just a mess, generally [18:10]
* Jackmaninov (~Jackmanin@chello080109040214.8.14.vie.surfer.at) has joined #bitcoin-assets [18:15]
* Guest64974 is now known as novusordo [18:22]
* novusordo has quit (Changing host) [18:22]
* novusordo (~novusordo@unaffiliated/novusordo) has joined #bitcoin-assets [18:22]
jurov "LOL... you are laughable man. Good luck with your business ventures, it's clear you have exactly zero connection with business reality!" [18:33]
jurov inaba recovered from aneurysm.. with some lasting damage, tho [18:34]
* rdponticelli has quit (Ping timeout: 276 seconds) [18:37]
* darkee has quit (Ping timeout: 276 seconds) [18:39]
* area has quit (Quit: Leaving) [18:46]
mircea_popescu lol ok [18:59]
* darkee (~darkee@gateway/tor-sasl/darkee) has joined #bitcoin-assets [19:01]
mircea_popescu smickles https://bitcointalk.org/index.php?topic=50817.msg1341151#msg1341151 [19:02]
mircea_popescu did you get a response >? [19:02]
mircea_popescu and also... wait for it... [19:03]
mircea_popescu http://blog.foreignpolicy.com/posts/2012/11/16/taliban_accidentally_ccs_everybody_on_its_mailing_list [19:03]
EskimoBob wzz new? [19:07]
EskimoBob lol at the taliban news [19:09]
EskimoBob where can I get the ailing list? [19:10]
EskimoBob mailing* [19:10]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [19:15]
mircea_popescu twitter lol [19:17]
* rdponticelli has quit (Ping timeout: 276 seconds) [19:19]
kuzetsa twitter? eek. isn’ [19:22]
kuzetsa isnt' that the one terrorists use? [19:22]
EskimoBob twitter? that shit sucks [19:23]
mircea_popescu twitter is sorta like lj for the add crowd [19:24]
EskimoBob I want the full list, not some shitty 140 char. messages [19:24]
EskimoBob lj? [19:24]
mircea_popescu livejournal [19:25]
kuzetsa "add crowd" ? [19:26]
mircea_popescu ;;google ADD [19:26]
gribble Attention Deficit Disorder Association: ; ADD and ADHD Center: Symptoms, Types, Causes, Tests, and ...: ; Attention deficit disorder - Wikipedia, the free encyclopedia: [19:26]
kuzetsa oh [19:26]
mircea_popescu :p [19:26]
kuzetsa yeah, my boyfriend has that... he uses tumblr though not twitter lol [19:26]
mircea_popescu haha tumblr is like wp for the add crowd [19:26]
* kuzetsa shrugs [19:27]
kuzetsa interesting... 3.7-rc6 today, but still no 3.6.7 [19:27]
kuzetsa I guess linus torvolds REALLY wants to put everything on hold until 3.7.x is out [19:28]
thestringpuller torvalds works on like one thing [19:28]
kuzetsa thestringpuller: yeah. criticizing people's work and blocking new features. [19:28]
thestringpuller does he even care about merge requests anymore? [19:28]
kuzetsa it's like torvold's main thing. [19:29]
* kuzetsa shrugs [19:29]
mircea_popescu kuzetsa in truth tho, after a product matures, guarding against feature creep is the main responsibility of the maintainer. [19:29]
thestringpuller tell me about da revolution! [19:30]
thestringpuller will it be televised? [19:31]
thestringpuller !ticker S.MPOE [19:31]
assbot [MPEX:S.MPOE] 1day: 0.00049638 / 0.00050017 / 0.00050375 (2812055 shares, 1,406.53 BTC), 30day: 0.0004278 / 0.00047652 / 0.00051331 (62500950 shares, 29,783.02 BTC) [19:31]
kuzetsa mircea_popescu: fair enough. [19:33]
mircea_popescu apparently the egyptians are about to invade israel [19:33]
mircea_popescu like... tonight [19:33]
assbot [MPEX] [S.MPOE] 44866 @ 0.00050024 = 22.4438 BTC [-] [19:33]
thestringpuller yea world war 3 [19:33]
thestringpuller middle east is so annoying now [19:33]
thestringpuller it is why we cant have nice things [19:34]
mircea_popescu hah [19:34]
thestringpuller we should invent a weed smoke bomb [19:35]
thestringpuller and get dem all supah high [19:35]
thestringpuller ive never heard a story about someone getting high, going home and beating their wife [19:36]
kakobrekla imma gonna do it just to prove you wrong. [19:37]
thestringpuller you have to get supah high first [19:37]
* _Fireball (~fireball@nat.pool1.gw.trusttele.com) has joined #bitcoin-assets [19:37]
thestringpuller like think cheech and chong is funny high [19:37]
mircea_popescu kakobrekla didn't know you were married [19:37]
thestringpuller then try and beat your wife [19:37]
thestringpuller you wont be able to do it [19:38]
kakobrekla mircea_popescu, that can be done instantly while i smoke. [19:38]
_Fireball hey mircea_popescu [19:38]
mircea_popescu maybe beat someone else's wife. [19:38]
mircea_popescu yes ? [19:38]
_Fireball I'm here, if you have questions [19:38]
thestringpuller she'll make you food and youll love her [19:38]
kakobrekla well that can work too. [19:38]
mircea_popescu a, welcome to the pit. so what exactly is the story with icbit ? [19:38]
_Fireball I read your report, and I think you judged your conclusions of the fact that the futures contract position is closed each day after clearing [19:39]
_Fireball it's not closed, and it was not forcefully closed yesterday too, even considering the massive sell off [19:39]
thestringpuller ;;seen smickles [19:39]
gribble smickles was last seen in #bitcoin-assets 7 hours, 42 minutes, and 3 seconds ago: er [19:39]
mircea_popescu the point of most concern is smickles' report that he could not place bids [19:39]
mircea_popescu during the half minute or so towards the end. [19:39]
_Fireball clearing is just to transfer variation margin [19:39]
mircea_popescu this partial closing of the book is very problematic. [19:39]
_Fireball mircea_popescu, - I warned that to prevent manipulation we are delaying clearing for half an hour and will perform some maintenance during that time [19:40]
mircea_popescu when, this ? [19:40]
_Fireball just a moment [19:40]
mircea_popescu no rush. [19:41]
_Fireball https://bitcointalk.org/index.php?topic=50817.msg1339650#msg1339650 and https://twitter.com/icbit_se [19:41]
mircea_popescu November 16, 2012, 07:59:31 PM [19:42]
_Fireball yep [19:42]
mircea_popescu the event we are discussing is [19:42]
mircea_popescu 15NOV12 19:59 At 30 seconds until close, I saw the expected sell order. It was larger than I had expected, leaving about 450 contracts on the book at 10.025. Notwithstanding the fact that his order would not overcome this, I dutifully placed the order Mircea had asked me too. [19:42]
mircea_popescu about a day or so before. [19:42]
_Fireball let me open up your blog post.. [19:43]
_Fireball ah, so you're talking about the day before. There were no scheduled maintenance back then, order entry was working as expected [19:44]
kakobrekla hrm, also, afaik bucket shop != dealing desk [19:44]
_Fireball I'm referring to the specific line in your blog post: [19:44]
_Fireball "At 22:00 20:00 UTC the site arbitrarily enforces an even lower price, wipes his margin, closes his contract and that’s that, random user was scammed out of his few BTC." [19:44]
_Fireball Contract is NOT closed at 20:00 UTC. [19:45]
mircea_popescu um. so suppose someone buys 1000 contracts at 10, deposits enough margin for just this [19:45]
mircea_popescu price at 20:00 is 5 [19:45]
mircea_popescu is the position not closed ? [19:45]
_Fireball nope, variation margin is transferred, that guy experience loss, but he still has 1000 contracts at 5 [19:46]
_Fireball this goes on until there is enough money in the account [19:47]
mircea_popescu but in the example i gave there would not be enough money in the account. [19:47]
mircea_popescu let's work in more detail. usd/btc is 10.0. someone deposits 100 btc. with margin, buys 500 contracts at a price of 10 [19:47]
mircea_popescu next settlement, price is 5. [19:47]
mircea_popescu the 100 btc deposited are not enough, are the contracts closed or no ? [19:48]
_Fireball it can't be 5 because there is a trading range for every session, which is a measure to prevent such situation entirely [19:48]
_Fireball so profit/loss within a trading session is limited by the trading range [19:48]
mircea_popescu that has little impact. yes, you only change it 10% a day. [19:48]
_Fireball otherwise manipulators could bring it down to 1 and crash the market [19:48]
mircea_popescu but alright, even more complex example [19:48]
_Fireball was your position closed? [19:49]
mircea_popescu monday someone deposits 100 btc, price is 10. they buy 5000 contracts (cause of 5x margin) [19:49]
mircea_popescu tuesday price is 9 [19:49]
mircea_popescu wed it's 8.1, and so it goes until it is 5 on sunday. [19:49]
mircea_popescu whether my position was closed or not is besides the point. the part of the article you're discussing is refering the mechanics of the thing, not my own position. [19:49]
mircea_popescu but no, it was not closed. [19:50]
_Fireball this position *could be* forcefully sold if and only if the balance (money in the account + profit/loss in the current trading session) is less than or equal to 75% of the total maintenance margin requirement for the open positions [19:50]
mircea_popescu right. [19:51]
_Fireball so if the market is going down, the position would be gradually liquidated well before it reachs 5 on sunday [19:51]
mircea_popescu but again, the point of most concern is that on the 15th the book was closed to some participants, but not others. [19:51]
_Fireball we are quite careful not to cause too much of a flash-crash effect, so this is a managed process [19:51]
mircea_popescu this would naturally lead to an inference against your site. [19:51]
_Fireball why placing orders in the last minute btw? [19:52]
mircea_popescu exactly to expose the scam ? why else ? [19:52]
_Fireball we don't *guarantee* that your ISP maintains perfect connection to the website [19:52]
mircea_popescu it's not the isp. [19:52]
_Fireball pardon, what's the point to place orders before clearing? [19:52]
_Fireball a clearing doesn't do any magic really [19:52]
_Fireball it just transfers variation margin, nothing is lost during that [19:52]
_Fireball a typical limit order can be put in at any time [19:53]
mircea_popescu yes, a typical limit order can be put in any time. [19:53]
mircea_popescu but if one suspects that the sellout happening just before closing is not legitimate [19:53]
mircea_popescu one wants to verify this. [19:53]
_Fireball if you imagine this is ICBIT's own actions, they could be done at any other time of a day [19:54]
mircea_popescu not really. the allegation is that you close the book for customers at 30 seconds before 20:00 [19:54]
_Fireball but it doesn't give me any profit! [19:54]
mircea_popescu then do some fake trading, then reopen the book 10 seconds after 20:00 [19:54]
_Fireball margin call can't happen during clearing [19:54]
_Fireball because trading is stopped [19:54]
mircea_popescu it possibly gives you a profit through the mechanism delineated at the end of the article, [19:55]
mircea_popescu but whether it does or it doesn't isn't really relevant [19:55]
_Fireball uhm [19:56]
_Fireball honestly, by reading your blog post, I see that you have little idea how futures exchanges work [19:57]
mircea_popescu that's fine. [19:57]
_Fireball and I'm explaining it to you ;-) [19:57]
_Fireball so, would you be a man and write an apology? [19:58]
mircea_popescu you're joking, right ? [19:58]
_Fireball not at all [20:00]
_Fireball I can explain once again [20:00]
_Fireball why "facts" you mentioned make no sense [20:00]
smickles < mircea_popescu> https://bitcointalk.org/index.php?topic=124441.msg1340625#msg1340625 << why doesn't he take that OP as a suggestion and move on? does he really think your pr lady is making the world a worse place? [20:00]
mircea_popescu smickles i have no idea. [20:00]
mircea_popescu i think he just got blindsided. he thought bfl is the greatest business in btc [20:01]
mircea_popescu an easy mistake to make, everyone thinks his kids are the smartest. [20:01]
_Fireball "Their volume is listed as 320k USD, which makes absolutely zero sense" - all trades are logged, however obviously it's not daily volume, but total volume of a contract. [20:02]
_Fireball you can check it if you make a trade, the total volume would be updated. [20:02]
mircea_popescu _Fireball it makes zero sense because a. it's not clear if you mean per day, week month, year [20:02]
mircea_popescu and because it doesn't seem to be updated. [20:03]
mircea_popescu and for other reasons. [20:03]
mircea_popescu "all trades are logged" you say. where ? [20:03]
_Fireball total since the introduction of this contract [20:03]
_Fireball they are time limited, you know. It expires in a month [20:03]
mircea_popescu yes well, other than glbse nobody does this. [20:04]
mircea_popescu volume is reported by a fixed time interval. like a month, or a day. [20:04]
_Fireball have a look at the chart then [20:04]
mircea_popescu i understand _why_ you do it this way, if you said 40 BTC/day it would look poor but honest, but anyway. [20:04]
_Fireball it's slightly broken though [20:04]
_Fireball but it shows correct volume if you look at it day per day [20:04]
mircea_popescu but we're not discussing that. [20:05]
mircea_popescu i didn't say the chart makes zero sense. [20:05]
_Fireball yes, anyway, let's discuss one thing [20:05]
mircea_popescu (tho i could have said it makes zero sense to put charts behind a pw) [20:05]
_Fireball what's the point of your, let me say, not very good article? [20:05]
mircea_popescu the article stands on its own, as far as i can tell. [20:05]
_Fireball it's quite clear that you can't back any accusation [20:05]
_Fireball and it's full of false facts [20:05]
mircea_popescu sigh. [20:05]
_Fireball yes, indeed sigh [20:05]
_Fireball if I would be scammer, I would not come here [20:06]
_Fireball to you [20:06]
mircea_popescu alright, carry on. [20:06]
_Fireball with good intentions [20:06]
mircea_popescu no, actually, in general scammers do come to me with a head full of steam in the first pass [20:06]
mircea_popescu because they fail to realise that i employ people, that i've had the affidavit vetter by trade engine experts before posting and on and on [20:06]
_Fireball my head is not full of steam at all [20:06]
mircea_popescu people imagine i'm like them. [20:06]
smickles < mircea_popescu> smickles https://bitcointalk.org/index.php?topic=50817.msg1341151#msg1341151 <<< yeah, another "that couldn't possibly have happened" [20:07]
mircea_popescu smickles yet again the problem with the website model. customer says X. site says Y. how do we verify this ? [20:07]
_Fireball mircea_popescu, is this blackmailing? [20:08]
mircea_popescu weren't you complaining earlier you didn't get any mail ? [20:08]
mircea_popescu it has to be one or the other you know. [20:08]
mircea_popescu there's no such thing as absentee blackmail. [20:08]
thestringpuller LOL [20:09]
thestringpuller quoted [20:09]
thestringpuller absentee blackmail [20:09]
thestringpuller omg [20:09]
_Fireball oh well [20:15]
* WormDrink has quit (Remote host closed the connection) [20:16]
* W0rmDr1nk has quit (Remote host closed the connection) [20:16]
* WormDrink (~WormDrink@unaffiliated/wormdrink) has joined #bitcoin-assets [20:16]
_Fireball so, let me confirm [20:17]
assbot [MPEX] [S.MPOE] 10154 @ 0.00050036 = 5.0807 BTC [+] [20:17]
assbot [MPEX] [S.MPOE] 19300 @ 0.00050012 = 9.6523 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 32600 @ 0.00049982 = 16.2941 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 34750 @ 0.00049966 = 17.3632 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 29950 @ 0.0004995 = 14.96 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 11591 @ 0.00049855 = 5.7787 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 12109 @ 0.00049777 = 6.0275 BTC [-] [20:17]
_Fireball mircea_popescu, you are not going to issue an apology, right? [20:17]
assbot [MPEX] [S.MPOE] 7550 @ 0.00049585 = 3.7437 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 3419 @ 0.00048619 = 1.6623 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 23333 @ 0.00048608 = 11.3417 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 66600 @ 0.00048597 = 32.3656 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 35150 @ 0.00048571 = 17.0727 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 39800 @ 0.00048554 = 19.3245 BTC [-] [20:17]
_Fireball this is the last time I'm asking [20:17]
assbot [MPEX] [S.MPOE] 45600 @ 0.00048536 = 22.1324 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 20650 @ 0.00048527 = 10.0208 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 9800 @ 0.00048516 = 4.7546 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 34624 @ 0.00048515 = 16.7978 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 16900 @ 0.00048515 = 8.199 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 41688 @ 0.00048509 = 20.2224 BTC [-] [20:17]
assbot [MPEX] [S.MPOE] 4432 @ 0.00048504 = 2.1497 BTC [-] [20:17]
mircea_popescu rather than posturing you'd be much better served by addressing the actual points. [20:18]
mircea_popescu chief among which, where are your trades logged ? [20:18]
_Fireball in an internal database, haha [20:18]
_Fireball anyway, what's the list of the actual points? [20:19]
_Fireball besides trades log (I can export and publish it, if needed) [20:19]
smickles hi _Fireball thanks for joining us here :) do you think you could work with kakobrekla to get streaming icbit futures trades in the chan? [20:19]
_Fireball smickles - yep, with pleasure [20:19]
mircea_popescu that you close the book half a minute before daily settlement, that you then proceed to execute fake trades on your own account, that you then reopen the book after daily settlement cutoff [20:19]
_Fireball smickles, I'd be more glad if mircea_popescu would stop assuming ICBIT is "scammy piece of shit" ;-) [20:19]
_Fireball mircea_popescu, ok, let's make it clear: it's NOT settlement! [20:20]
assbot [MPEX] [S.DICE] 5000 @ 0.00339944 = 16.9972 BTC [+] [20:20]
_Fireball contracts are NOT settled a 20:00 GMT [20:20]
_Fireball is that clear now? [20:20]
assbot [MPEX] [S.BVPS] 1200 @ 0.00280004 = 3.36 BTC [-] [20:20]
_Fireball you can check your own logs [20:20]
_Fireball you can confirm and verify [20:20]
mircea_popescu listen. is there some event occuring on your site every day at 20:00 ? [20:21]
_Fireball settlement day is 15.12.2012 [20:21]
_Fireball yes, it's called clearing, it's a technical event [20:21]
mircea_popescu yes yes. you settle daily inasmuch as you keep moving margins around. [20:21]
smickles heh, mircea_popescu technically settlement is jargon [20:21]
smickles it has specific meaning [20:21]
mircea_popescu ignoring the fact you've got your terminology borkt. [20:21]
_Fireball http://en.wikipedia.org/wiki/Clearing_(finance) [20:22]
_Fireball vs [20:22]
_Fireball http://en.wikipedia.org/wiki/Settlement_(finance) [20:22]
smickles anyway, _Fireball so you suspect connection failure when I still saw the live depth updating? [20:22]
mircea_popescu dear old wikipedia. [20:23]
_Fireball smickles, that sometimes happens, I'm going to investigate the reasons, but ften it's just connection failure [20:23]
smickles _Fireball: I know the net does weird things sometimes, and I don't know your system thouroughly, but you can see why mircea_popescu is suspicious (to say the least) [20:24]
_Fireball it's in our internal issue tracker, so it's being worked on, and I will report if we find something on our end [20:24]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [20:27]
_Fireball kakobrekla, could you send me details how to add futures trades reporting to this channel? [20:29]
_Fireball I PMed you my email [20:29]
mircea_popescu basically you output them to a twitter channel and the bot sucks them from there. [20:30]
_Fireball ah, that's cool! [20:30]
* rdponticelli has quit (Ping timeout: 276 seconds) [20:32]
_Fireball mircea_popescu, so? [20:36]
_Fireball are we past the point of clearing vs settlement differences? [20:37]
assbot [MPEX] [O.BTCUSD.C130T] 119 @ 0.09306063 = 11.0742 BTC [+] [20:43]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [20:48]
thestringpuller mircea_popescu: i booked passage to romania, lets go see romanian titties!!! [20:51]
* lucidlepidoptera (~kvirc@gateway/tor-sasl/lucidlepidoptera) has joined #bitcoin-assets [20:54]
jurov thestringpuller, http://24.media.tumblr.com/tumblr_mcdhhzni351rehruqo1_500.png [20:55]
* Doffx (~doff@c-76-28-215-172.hsd1.wa.comcast.net) has joined #bitcoin-assets [20:55]
thestringpuller ... [20:56]
thestringpuller oh jurov [20:57]
kakobrekla mircea_popescu, send the wrath of pr back on forums [20:57]
kakobrekla https://bitcointalk.org/index.php?topic=124441.20;topicseen [20:57]
kakobrekla i want to read continiuation. [20:57]
jurov kakobrekla, you can ensure that by inciting katz to join [20:59]
kakobrekla haha [20:59]
thestringpuller mircea_popescu is too busy sleeping with her. [20:59]
* minisoda has quit (Ping timeout: 246 seconds) [21:03]
* minisoda (~ld@173.230.139.35) has joined #bitcoin-assets [21:03]
thestringpuller mpoe-pr is a little off [21:04]
thestringpuller silk road has much more revenue than mpex [21:04]
thestringpuller 1.2M a year last time i checked [21:04]
kakobrekla inaba: until you start shipping asic STFU. [21:05]
lucidlepidoptera New bitcoin service startup, please take a look! https://btcjam.com/listings/584 [21:05]
kakobrekla crackhead. [21:06]
lucidlepidoptera thank you kakobrekla, i think highly of you as well ;-) [21:06]
kakobrekla its like hashking would come to patricks thread [21:06]
kakobrekla saying patrick is scammer [21:06]
kakobrekla lucidlepidoptera, that was not ment for you [21:06]
kakobrekla im still ranting about inabas halicunations. [21:07]
kakobrekla brb [21:07]
lucidlepidoptera ah, i was wondering [21:07]
_Fireball kakobrekla, pls send me those details [21:07]
_Fireball about assbot [21:07]
kakobrekla _Fireball i wrote back to you in pm [21:07]
kakobrekla brb 10min [21:07]
_Fireball ahh thanks [21:07]
_Fireball ok cya [21:07]
thestringpuller mpex isnt that big tho [21:08]
thestringpuller kakobrekla: which was his point, even though he is nincumpoop [21:08]
* rdponticelli has quit (Remote host closed the connection) [21:10]
* aethero (~kvirc@gateway/tor-sasl/aethero) has joined #bitcoin-assets [21:11]
mircea_popescu umm what did i miss ? [21:12]
thestringpuller me coming to romania to fuck bitches [21:14]
thestringpuller i need to learn romanian first [21:14]
mircea_popescu lol cool [21:15]
mircea_popescu thestringpuller how would you even know what their revenue was ? [21:17]
thestringpuller a statician wrote a whitepaper on it. im looking for it now [21:18]
mircea_popescu yaya [21:18]
mircea_popescu Revenue : 12`755.59310383 BTC, of which : [21:18]
mircea_popescu that's s.mpoe for october. [21:18]
mircea_popescu seems to be a little over 1.2mn per year. [21:18]
thestringpuller is that pure revenue? money the bot made no? [21:20]
thestringpuller ;;calc 146000 * 12 [21:21]
gribble 1752000 [21:21]
thestringpuller thats silk roads annual take home [21:22]
thestringpuller based on : http://www.newscientist.com/blogs/onepercent/2012/08/silk-road-bitcoin-illegal.html [21:22]
mircea_popescu ;;ticker [21:23]
gribble BTCUSD ticker | Best bid: 11.66611, Best ask: 11.73287, Bid-ask spread: 0.06676, Last trade: 11.66610, 24 hour volume: 22340.79606444, 24 hour low: 11.42000, 24 hour high: 11.80000, 24 hour vwap: 11.65028 [21:23]
mircea_popescu ;;calc 12755.5931038 * 12 * 11.66 [21:23]
gribble 1784762.58708 [21:23]
mircea_popescu moar. [21:23]
thestringpuller can i see smickles mpoe financials i cant find them on your blog cause i dont speakuh da romanian [21:26]
FabianB_ lucidlepidoptera: what's the difference between QuickBitcoins.net and ziggap.com? [21:27]
mircea_popescu thestringpuller https://bitcointalk.org/index.php?topic=64962.80 [21:27]
lucidlepidoptera FabianB_: we sold quicbitcoins, ziggap will be similar but much better ;-) [21:28]
FabianB_ lucidlepidoptera: who bought it? doesn't seem to work anymore [21:29]
thestringpuller lucidlepidoptera: how are you planning to bypass moneygram fees [21:29]
aethero The buyer is wanting to remain undisclosed. [21:29]
assbot [MPEX] [S.MPOE] 19050 @ 0.00049771 = 9.4814 BTC [+] [21:29]
assbot [MPEX] [S.MPOE] 7702 @ 0.00050049 = 3.8548 BTC [+] [21:29]
thestringpuller mircea_popescu: that's dividend information I wanted to see smickles reports [21:29]
mircea_popescu ya srsly, no "no compete" clause ?! [21:29]
assbot [MPEX] [S.MPOE] 23248 @ 0.00050058 = 11.6375 BTC [+] [21:29]
mircea_popescu thestringpuller o, on mpoe.etf ? [21:30]
aethero mircea_popescu: nope [21:30]
mircea_popescu ;;google mpoe.etf [21:30]
gribble [GLBSE] MPOE ETF - September Financial Report Available: ; Most of Many (MostOfMany) on Twitter: ; Mike Carver (smickles) on Twitter: [21:30]
aethero Moneygram charges the customer a flat fee at point of sell for a billpay [21:30]
smickles thestringpuller: mpoe.etf is dead [21:30]
aethero They dont charge the biller anything. [21:30]
smickles it was a glbse asset [21:30]
aethero It's like 3$ish [21:30]
smickles thestringpuller: you do want to look at https://bitcointalk.org/index.php?topic=64962.msg1230084#msg1230084 [21:30]
thestringpuller smickles: you had written financials for mpoe's financials that used to be on polimedia blog [21:30]
thestringpuller am i confused? [21:30]
smickles it is S.MPOE's report in english [21:30]
thestringpuller there we go [21:31]
smickles yeah, a bit confused [21:31]
thestringpuller thank you smickles [21:31]
smickles np :) [21:31]
aethero thestringpuller: Do you have any other questions which I might be able to answer? [21:31]
thestringpuller aethero: so you signed up for moneygram's bill pay service? [21:33]
thestringpuller mircea_popescu: it seems that the total profit was 4k btc [21:34]
mircea_popescu thestringpuller thought we were discussing revenue ? [21:34]
thestringpuller when I said revenue for silk road that was the total take home I apologize for the confusion [21:34]
mircea_popescu a ok [21:35]
thestringpuller but who can compete with the mob [21:35]
mircea_popescu well, the profit varies wildly for mpoe, but it's never been more than 40%ish of revenue so [21:35]
pigeons sr takes 10% + seller seat fees [21:35]
thestringpuller pigeons: exactly [21:35]
aethero No we haven't yet, but we are currently in touch with a person at MoneyGram International, who is waiting for us to pull the trigger on this. [21:35]
pigeons thestringpuller: not aware of mob involvement [21:35]
mircea_popescu pigeons right. like you would be :D [21:36]
thestringpuller so server load costs can be no more than $5000 a year so they still have a $130,000 take home [21:37]
thestringpuller per month [21:37]
thestringpuller but again who can compete with selling drugs [21:37]
thestringpuller everyone wants drugs [21:37]
mircea_popescu i don't. [21:37]
pigeons mircea_popescu: well sr is against the mob and the mob is against it, for business reasons. don't believe me and obviously i'm not in a postition to prove it, but when i see things thrown out there i respond [21:38]
thestringpuller i was joking about the mob involvement [21:38]
pigeons ok [21:38]
pigeons :) [21:38]
mircea_popescu i wasn't particularly serious either, just saying, not like the mob advertises [21:38]
mircea_popescu "this illegal business protected by teh mafia" [21:39]
thestringpuller sarcasm doesn't translate here usually [21:39]
pigeons all good [21:39]
thestringpuller what I meant by everyone wants drugs is it is "demographicaless" [21:40]
mircea_popescu besides, "the mob". there;'s what, fiddy billion factions. i don't think they even know anymore. [21:40]
mircea_popescu still, the one point of concern was that their weapons store closed for lack of business. [21:41]
mircea_popescu this may seem to indicate they don't really have much clientele. it could be just puffery, buncha kids selling bath salts and pills. [21:41]
mircea_popescu note that i have no idea and don't really care either way. [21:41]
jurov i guess usually only first few trades are done via sr, rest of them directly [21:43]
jurov so it depends on influx of newbs [21:43]
mircea_popescu ya but practically speaking, too easy to run a sting. [21:45]
mircea_popescu the market for narcotics is a very tough racked to break into. [21:46]
* rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets [21:49]
thestringpuller depends [21:50]
thestringpuller recently it is unaffordable to sell drugs [21:50]
thestringpuller we can thank freakanomics for that [21:50]
smickles god dammit mircea_popescu, i'm sending you 1 usd worth of btc [21:54]
mircea_popescu why ? [21:54]
smickles your paywall [21:56]
jurov prolly it's all that's left from icbit account? [21:56]
smickles lol [21:56]
mircea_popescu lol! [21:57]
thestringpuller so icbit is fucked [21:58]
thestringpuller ?* [21:58]
smickles ;;gribble 1/[ticker --last] [21:58]
gribble yes I am gribble. why do you keep bothering me? [21:58]
smickles ;;calc 1/[ticker --last] [21:58]
gribble 0.0852030431119 [21:58]
thestringpuller lol [21:59]
thestringpuller ;;ticker [22:00]
gribble BTCUSD ticker | Best bid: 11.67001, Best ask: 11.73699, Bid-ask spread: 0.06698, Last trade: 11.73700, 24 hour volume: 21863.28175201, 24 hour low: 11.42000, 24 hour high: 11.80000, 24 hour vwap: 11.65305 [22:00]
mircea_popescu ;;bc,eur [22:00]
gribble Error: "bc,eur" is not a valid command. [22:00]
mircea_popescu ;;google eur usd [22:01]
gribble EURUSD=X: Summary for EUR/USD- Yahoo! Finance: ; EUR/USD - Google: ; EUR to USD Exchange Rate - Bloomberg: [22:01]
FabianB_ ;;bc,convert eur [22:01]
gribble 1 BTC = 11.73700 U.S. dollars = 9.22212619 Euros [22:01]
mircea_popescu ty! [22:01]
FabianB_ np [22:01]
mircea_popescu see pigeons, smickles bought Trilema credits :D [22:09]
thestringpuller what are Trilema credits? [22:10]
mircea_popescu if you read a buncha posts it pops this paid content thign [22:11]
smickles thestringpuller: mircea_popescu has a paywall on his blog [22:11]
smickles you get 5 or so free, each time you read an article it ticks one off, [22:11]
smickles *5 free per week [22:11]
mircea_popescu 5 a week ya [22:11]
smickles 1 credit = .0001 usd iirc [22:11]
thestringpuller a paywall to read the blog? [22:12]
mircea_popescu yeah [22:12]
thestringpuller how capitalistic [22:13]
thestringpuller can't i just connect from other computers? [22:14]
mircea_popescu i actually am the first guy online to charge for content [22:14]
thestringpuller and get around the paywall? [22:14]
mircea_popescu the system is in place since like 2010 [22:14]
mircea_popescu thestringpuller sure. [22:14]
mircea_popescu if it's worth the 0.05 cents to you or w/e [22:14]
thestringpuller lol [22:14]
_Fireball " so icbit is fucked" [22:15]
_Fireball no, it's not [22:15]
_Fireball mircea_popescu is the one who is f..cked :-) [22:16]
thestringpuller are people about to lose a lot of money? [22:16]
_Fireball why? [22:16]
mircea_popescu thestringpuller the theory goes that some mysterious "manipulator" who had been keeping the price low on the site is losing all the money. not the site itself. [22:17]
mircea_popescu lucky that after wreaking havoc for a while he was scared by a trilema article. [22:17]
thestringpuller can I see this trilema article? [22:17]
assbot [MPEX] [O.BTCUSD.P110T] 44 @ 0.07123871 = 3.1345 BTC [-] [22:18]
mircea_popescu also, http://ist1-1.filesor.com/pimpandhost.com/1/_/_/_/1/1/d/m/P/1dmPZ/arch.jpg [22:18]
mircea_popescu thestringpuller http://polimedia.us/trilema/2012/icbitse-the-bucket-shop/ [22:18]
aethero Why would someone even *want* to keep the price low? [22:19]
smickles they have a short position [22:19]
smickles and are trying to force liquidate longs [22:19]
_Fireball aethero, that one who has big "short" position [22:19]
mircea_popescu i don't know that many bitcoin bears. [22:20]
_Fireball mircea_popescu, the world is not limited by your personal knowledge [22:20]
smickles it's like a double down in blackjack [22:20]
mircea_popescu _Fireball well in this case, the frequency of bitcoin bears is limited by the fact that people who have bitcoins tend to believe in them too, or else they'd have never bought any. [22:21]
_Fireball mircea_popescu, do you realize there is such thing as arbitrage? [22:21]
_Fireball or hedging the risk using futures/ [22:21]
_Fireball ? [22:21]
mircea_popescu surely. [22:22]
_Fireball then you would not be surprised by people "shorting" bitcoins [22:24]
mircea_popescu people can short 100k bitcoins synthetically via options on the spot, and probably about the same in traditional borrow-short positions over the otc if they are well known [22:25]
mircea_popescu why would anyone want the 1 dollar slippage ?! [22:25]
_Fireball what does slippage has to do with short positions? [22:26]
_Fireball ah, about the current rate [22:26]
_Fireball the rate dropped *because* of the excessive shorting [22:26]
mircea_popescu you are proposing the theory whereby "someone" sold btc all the way to 10.02 YESTERDAY. his position covers a few hundred btc. [22:27]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [22:27]
mircea_popescu if he's looking to hedge there's better avenues. [22:27]
_Fireball you are proposing theories [22:27]
_Fireball I have facts [22:27]
_Fireball anyway, you seem to be a troll [22:31]
_Fireball https://bitcointalk.org/index.php?topic=102333.0 is that true? [22:32]
_Fireball also, https://bitcointalk.org/index.php?topic=50817.0 - this is the original topic about ICBIT, dated Nov 03, 2011 [22:34]
mircea_popescu dude, srsly. you're wasting your time. [22:34]
_Fireball you "created" MPex https://bitcointalk.org/index.php?topic=76239.0 Apr 11, 2012 [22:34]
* Gladamas (~Gladamas@dyn.170-56-7-31.swissinet.com) has joined #bitcoin-assets [22:34]
_Fireball so I demand apologies [22:34]
_Fireball ICBIT is obviously a way more mature service than your "exchange" [22:35]
_Fireball if it could be called so at all [22:35]
_Fireball because I have seen almost 0 positive opinions about it [22:35]
thestringpuller Why can't we just all get along [22:35]
_Fireball thestringpuller, I requested apologies from mircea_popescu already three times in a row [22:36]
_Fireball either he's a clinical idiot [22:36]
pigeons i like it. its not perfect, but nothing's better yet [22:36]
mircea_popescu well, do it five times, who knows, maybe repeating it helps. [22:36]
_Fireball or he's just a troll [22:36]
thestringpuller trolls get off on other people being upset [22:36]
thestringpuller mircea just doesn't care [22:36]
thestringpuller he dgaf [22:36]
pigeons no he trolls a little :) [22:36]
thestringpuller a little a lot [22:37]
thestringpuller tomato tomato [22:37]
_Fireball haha [22:37]
_Fireball as a trader, after speaking to such person, I would keep away from anything closely related to Popescu [22:37]
_Fireball he doesn't understand even basic financial stuff as we saw above [22:37]
pigeons yeah see that leaves us with nothing [22:38]
_Fireball how could he create an exchange after all? [22:38]
thestringpuller maybe it's a big conspiracy [22:38]
thestringpuller and he cause the 1989 revolution [22:38]
_Fireball looks like it :-) [22:38]
thestringpuller and he didn't really create mpex [22:38]
mircea_popescu heh srsly. you were just blown to bits and you're gonna what, bite my arms off ? bleed on me ? [22:38]
mircea_popescu get real. [22:38]
kakobrekla its just a scratch. [22:39]
thestringpuller there was a mongolian soldier who after his swords broke used dead bodies to continue to fight [22:39]
smickles kakobrekla: just a fleshwound [22:39]
kakobrekla smickles :) [22:39]
smickles fleshwound? me spel gud [22:39]
kakobrekla werry gut [22:39]
mircea_popescu i just watched life of brian earlier [22:40]
kakobrekla hehe [22:40]
mircea_popescu there's this scene where the roman guard makes him fix his spelling [22:40]
mircea_popescu cause it's not domus!!! [22:40]
smickles lolyeah [22:40]
kakobrekla hehe [22:40]
thestringpuller ah but did you expect the spanish inquisition? [22:41]
mircea_popescu actually... http://polimedia.us/bitcoin/faq.html#33 [22:41]
mircea_popescu i been waiting for this soo long... [22:41]
kakobrekla :D [22:41]
thestringpuller i'm laughing so hard right now [22:42]
* Shaded (~Shaded@unaffiliated/shaded) has joined #bitcoin-assets [22:43]
_Fireball ok guys, it was nice meeting you all (except popescu, of course) [22:49]
_Fireball when I have some free time, I will do live reporting via twitter [22:50]
* _Fireball (~fireball@nat.pool1.gw.trusttele.com) has left #bitcoin-assets [22:50]
mircea_popescu sooo updated the faq! check out my fancy awards! http://polimedia.us/bitcoin/faq.html#33 [22:53]
mircea_popescu why didn't he like me anyway ? i was nice enough... [22:54]
thestringpuller maybe he doesn't like romanian gangstas [22:56]
thestringpuller jk [22:56]
smickles Cherries! [23:02]
Doffx Anything new with Glbse these days [23:03]
Doffx Ive pretty much stopped following anything bitcoin. [23:04]
smickles nope [23:04]
Doffx Well that's poopy. [23:04]
smickles you're telling me [23:04]
Doffx It's all Azelphur's fault, had he made the Mpex Passthrough website 6 months ago like he said we would all be rich. [23:06]
Doffx :P [23:06]
smickles at least jurov has coinbr.com now [23:07]
mircea_popescu azelphur is very lazy boi! [23:08]
mircea_popescu but anyway Doffx you missed out on all the drama&outrage earlier. [23:08]
Doffx I think I was more saved from, rather than missed anything, however that's my opinion. [23:09]
Doffx :) [23:09]
mircea_popescu lol [23:10]
mircea_popescu guy was a couple steps from provoking me to a duel [23:10]
mircea_popescu or breaking out in tears. [23:10]
Doffx Take 10 steps then draw your weapon sirs. [23:11]
jurov i think if azelphur decided 6 months ago, now it would be in alpha, at most.. not a simple endeavor [23:11]
Doffx Oh I'm just nudging Azelphur because hes a cool guy. [23:11]
* DBordello (~DBordello@unaffiliated/dbordello) has joined #bitcoin-assets [23:11]
mircea_popescu he is a cool guy, but lately he's all but dissapeared. [23:11]
Doffx I never expected anything from it even way back them but it was a good idea. [23:12]
jurov a bit too cool now [23:12]
Doffx Hes prolly been playing Planetside. [23:12]
mircea_popescu why can't he have found a gf [23:12]
Azelphur I decided not to do it as I don't like my code handling large amounts of money [23:12]
Azelphur would just be a constant source of lost sleep [23:12]
mircea_popescu sleep is for women [23:12]
Doffx See there he is. [23:13]
Azelphur :) [23:13]
Doffx Hes a shut in computer geek, no time for girls they eat up all your time. [23:13]
Doffx That was redundant. [23:13]
Azelphur Hi captain redundant [23:13]
Doffx haha [23:13]
Doffx What games are you playing anyhow Azelphur? [23:14]
Azelphur I've been playing the TF2 Linux beta :P [23:14]
Doffx Oh nice. [23:14]
Doffx Isint steam going to be Linux ready soon too? [23:14]
Azelphur steam is part of said beta [23:15]
Azelphur :) [23:15]
Doffx I'm curious how that will work I should look in to it again/ [23:15]
mircea_popescu http://polimedia.us/dtng/c/src/135318695394.jpg [23:16]
Azelphur it works, I'm using it, AMA [23:16]
mircea_popescu im starting to think my driver sucks [23:16]
* darkee has quit (Remote host closed the connection) [23:22]
* da2ce7 has quit (Read error: Connection reset by peer) [23:23]
* darkee (~darkee@gateway/tor-sasl/darkee) has joined #bitcoin-assets [23:24]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [23:25]
smickles Azelphur: what's there to ask? you already said it works. [23:26]
Azelphur smickles: :P [23:26]
smickles heh, it also works under wine with the -opengl launch command [23:27]
Azelphur smickles: it runs faster on native Linux than it does on Windows [23:27]
Azelphur so, huge improvement [23:27]
smickles porlly [23:27]
Azelphur definitely, I have both :P [23:29]
assbot [MPEX] [O.BTCUSD.C120T] 5 @ 0.1432 = 0.716 BTC [-] [23:34]
assbot [MPEX] [O.BTCUSD.C120T] 10 @ 0.2201083 = 2.2011 BTC [+] [23:34]
* gigavps (~gigavps@172.222.222.159) has joined #bitcoin-assets [23:34]
smickles ;;ticker [23:42]
gribble BTCUSD ticker | Best bid: 11.72000, Best ask: 11.72795, Bid-ask spread: 0.00795, Last trade: 11.72000, 24 hour volume: 20393.60504399, 24 hour low: 11.52000, 24 hour high: 11.80000, 24 hour vwap: 11.66542 [23:42]
smickles ;;bc,24hprc [23:42]
gribble 11.65 [23:42]
Doffx Ahh Limited Invite 1000 people [23:46]
Doffx And you made it in Azelphur? [23:46]
Doffx Wow impressive [23:46]
Azelphur Doffx: "made it in" [23:46]
Doffx I cant use playonlinux right now [23:47]
Doffx the New nvidia drivers have the 32bit multi inside them but it doesn’t seem to know that [23:48]
Doffx I'm not sure how you get around that yet. [23:48]
Doffx PlayOnLinux is unable to find 32bits OpenGL libraries. [23:48]
Azelphur I'm using it on 64bit nvidia proprietary [23:49]
Doffx Yeah I was before as well, but I had loaded the 32 bit glx and those are gone now rolled up in to the main driver [23:49]
* da2ce7 has quit (Ping timeout: 240 seconds) [23:50]
* da2ce7 (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets [23:51]
* gigavps has quit () [23:57]
Category: Logs
Comments feed : RSS 2.0. Leave your own comment below, or send a trackback.
Add your cents! »
    If this is your first comment, it will wait to be approved. This usually takes a few hours. Subsequent comments are not delayed.