Forum logs for 26 Mar 2013

Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu

*	Now talking on #bitcoin-assets	[05:31]
*	Topic for #bitcoin-assets is: http://bitcoin-assets.com/	[05:31]
*	Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Wed Mar 13 14:15:50 2013	[05:31]
Bowjob	personally i dont like lending btc out, unless its absolutely certain ill get it back	[05:31]
jcpham	if i had "borrowed" 10k btc a year ago i'd be poof right about now	[05:31]
mircea_popescu	thats a pretty high bar.	[05:31]
MJR_	lol, I prefer lending it when I don't know what will happen...	[05:31]
jcpham	pretty difficult to repay that	[05:31]
mircea_popescu	jcpham i borrowed ~10k exactly a year ago.	[05:31]
jcpham	need a real good business plan if you spent it	[05:31]
assbot	[HAVELOCK] [SDICE] 1 @ 0.5 BTC [+]	[05:32]
jcpham	if you converted it to fiat you are fucked	[05:32]
mircea_popescu	i didn't. teh original mpoe bonds got like 9500 or so btc	[05:32]
mircea_popescu	most of that's unmoved.	[05:32]
jcpham	good chance of digging out of the hole by staying in btc	[05:33]
Bowjob	https://bitcointalk.org/index.php?topic=73599.0	[05:33]
Bowjob	for 5 years	[05:33]
Bowjob	he earns in BTC, but its idk.	[05:33]
jcpham	anything you could have bought over the last year, other than btc, you lot money on technically	[05:34]
jcpham	so it's a hard loan to me financially	[05:34]
jcpham	i bleedb money though	[05:34]
mircea_popescu	there was a guy on the forum servicing a long term btc loan	[05:34]
mircea_popescu	old timer. name escapes me atm	[05:34]
mircea_popescu	taken when btc was like 5 or some shit	[05:35]
jcpham	loans are like gift. the blockchain is god.	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7832 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.7831 = 1.5662 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7821 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.778 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 6 @ 0.77727 = 4.6636 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 13 @ 0.77726 = 10.1044 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 4 @ 0.77725 = 3.109 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.77721 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.777 = 1.554 BTC [-]	[05:35]
mircea_popescu	um'	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.77 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.769 = 2.307 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.762 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 32 @ 0.761105 = 24.3554 BTC [-]	[05:35]
mircea_popescu	honeymoon over ?	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 5 @ 0.761101 = 3.8055 BTC [-]	[05:35]
assbot	[BTCTC] [ASICMINER-PT] 5 @ 0.760002 = 3.8 BTC [-]	[05:35]
Bugpowder_	how people keep getting BTC given to them as loans is utterly mystifying to me.	[05:36]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [-]	[05:36]
Bugpowder_	wowwww almost 50BTC in shares	[05:36]
Bugpowder_	2/3 of an avalon	[05:36]
ThickAsThieves	not that much	[05:36]
ThickAsThieves	probly just someone who moved from friedcat to btct to sell	[05:37]
mircea_popescu	!ticker btctc asicminer-pt	[05:37]
assbot	[BTCT:ASICMINER-PT] 1D: 0.78 / 0.79829 / 0.829 (209 shares, 166.8 BTC), 7D: 0.761102 / 0.83118 / 0.93 (1541 shares, 1280.8 BTC), 30D: 0.65 / 0.77396 / 1 (4449 shares, 3443.3 BTC)	[05:37]
mircea_popescu	now that's interestying	[05:37]
mircea_popescu	1D: 0.78 vs [BTCTC] [ASICMINER-PT] 5 @ 0.76000	[05:37]
Bugpowder_	well, the market is uhhh.... a little -thin- below 0.75	[05:38]
mircea_popescu	ThickAsThieves the girl's early estimate was .75 to 1.5	[05:38]
Bugpowder_	https://btct.co/security/ASICMINER-PT	[05:38]
mircea_popescu	then they kinda blew it	[05:38]
*	Diablo-D3 has quit (Quit: This computer has gone to sleep)	[05:38]
mircea_popescu	then people were rooting for "oh, we'll reach 1 anyway"	[05:38]
mircea_popescu	then...	[05:38]
Bugpowder_	16 shares of bid over 0.01	[05:38]
mircea_popescu	o.o	[05:39]
mircea_popescu	that bad, rly ?	[05:39]
dub	that bad?	[05:39]
Bowjob	if asicminer reaches 1 btc..	[05:39]
Bowjob	that means they expect asicminer to make at least 400k BTC	[05:39]
dub	there is no depth its hardly representative of value	[05:39]
Bugpowder_	mircea_popescu: the girl's estimates were .075 to 0.15 no?	[05:39]
Bowjob	thats crazy shit	[05:39]
ThickAsThieves	BF goes deeper	[05:39]
Bowjob	;;ticker	[05:39]
gribble	BTCUSD ticker \| Best bid: 75.30000, Best ask: 75.37700, Bid-ask spread: 0.07700, Last trade: 75.55000, 24 hour volume: 80678.53152168, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.58758	[05:39]
mircea_popescu	Bugpowder_ no, .75 to 1.5 iirc	[05:39]
Bugpowder_	per share?	[05:39]
Bugpowder_	I don't think so	[05:39]
mircea_popescu	https://bitcointalk.org/index.php?topic=144319.0	[05:39]
ThickAsThieves	yeah she said about that	[05:40]
mircea_popescu	All these things considered it is perhaps not unreasonable to judge ASICMiner revenue generation ability in the 5 to 15k BTC a month range. If this is in fact correct it's also not unreasonable to judge ASICMiner's market cap roughly equal or a little under that of Satoshi Dice, in which case the 400,000 share company would be worth on MPEx somewhere between 3 and 600k BTC, or between .75 and 1.5 BTC per share, making	[05:40]
mircea_popescu	Bitfountain the third multi-million dollar Bitcoin public corp in Bitcoin history.	[05:40]
ThickAsThieves	it wouldve hit 1+ if they actually got to 12TH+	[05:40]
mircea_popescu	It's unclear how much risk discount investors would be wanting to apply to that valuation, and it's also unclear how much discount will willy-nilly end up being applied in the event ASICMiner actually foregoes liquidity and lists on some marginal venue. But in any case things look pretty bright at the moment, so well done!	[05:40]
mircea_popescu	golden mouth girl.	[05:40]
dub	inb4 its .9 again	[05:40]
dub	50 shares moving doesn't mean shit	[05:41]
mircea_popescu	morel ike 100 i think	[05:41]
dub	did you see the latest taaki video?	[05:42]
mircea_popescu	no lol	[05:42]
mircea_popescu	is he cutting ?	[05:42]
assbot	[BTCTC] [BASIC-MINING] 1 @ 0.343 BTC [+]	[05:42]
assbot	[BTCTC] [BASIC-MINING] 4 @ 0.344 = 1.376 BTC [+]	[05:42]
dub	http://www.guardian.co.uk/technology/video/2013/mar/22/bitcoin-currency-video?INTCMP=SRCH	[05:42]
dub	we need to identify that building and burn it down with those two inside	[05:43]
Bugpowder_	What would be the appropriate subform to post an add to borrow asicminer shares?	[05:44]
Bugpowder_	for shorting purposes	[05:44]
mircea_popescu	Bugpowder_ heh. let me find it	[05:45]
Bugpowder_	I mean, its a good company.	[05:46]
Bugpowder_	but the valuation is looking pretty frothy	[05:46]
ThickAsThieves	;;estimate	[05:47]
gribble	Next difficulty estimate \| 6880830.90136 based on data since last change \| 7242616.81723 based on data for last three days	[05:47]
Chaang-Noi	asicminer sell off lol?	[05:47]
mircea_popescu	Bugpowder_ https://bitcointalk.org/index.php?topic=151265.msg1605879#msg1605879	[05:47]
mircea_popescu	ask that guy.	[05:47]
assbot	[HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]	[05:48]
assbot	[HAVELOCK] [SDICE] 21 @ 0.5 = 10.5 BTC [+]	[05:48]
Chaang-Noi	mp one sell off on a thin market, still the only real asic company out there	[05:48]
Chaang-Noi	bfl had a non updated lol	[05:48]
mircea_popescu	Chaang-Noi operations were never their problem.	[05:48]
mircea_popescu	but theres a LOT more to success than just that.	[05:48]
mircea_popescu	as unromantic as this may sound, it's true.	[05:48]
assbot	[HAVELOCK] [SDICE] 2 @ 0.5 = 1 BTC [+]	[05:49]
Bugpowder_	ah, that thread was the one I was thinking of for the girl's estimates	[05:49]
Chaang-Noi	dividends wont end anytime soon, not sure what the value really should be at but im not selling mine:)	[05:49]
ThickAsThieves	you sold some to me a month ago ;)	[05:49]
ThickAsThieves	.425	[05:49]
topace	!ticker h vtx	[05:49]
assbot	[HAVELOCK:VTX] 1D: 0.50000000 / 0.72040307 / 0.79900000 (418 shares, 301.12848142 BTC), 7D: 0.38280000 / 0.41873282 / 0.79900000 (11129 shares, 4660.07750417 BTC), 30D: 0.38280000 / 0.41873282 / 0.79900000 (11129 shares, 4660.07750417 BTC)	[05:49]
Chaang-Noi	yeah im not selling more, i had to get some cash	[05:50]
mircea_popescu	lol right. well done topace	[05:50]
mircea_popescu	2x asicminer volume yest. why is that ? is cavirtex a larger corp than asicminer ?	[05:50]
Bowjob	canadians love their companies	[05:50]
mircea_popescu	at the rate this is going, it's gonna be actually.	[05:50]
Chaang-Noi	you cant see asicminer trade volume mp, only one of two pt	[05:50]
mircea_popescu	unless they fuck up their registrations	[05:51]
topace	!ticker h sdice	[05:51]
assbot	[HAVELOCK:SDICE] 1D: 0.45000000 / 0.48185851 / 0.52000000 (265 shares, 127.69250459 BTC), 7D: 0.40000000 / 0.48015951 / 0.53000000 (1375 shares, 660.21932648 BTC), 30D: 0.37000000 / 0.54970142 / 0.69400000 (5906 shares, 3246.53658408 BTC)	[05:51]
mircea_popescu	Chaang-Noi listen, this is a nonargument.	[05:51]
ThickAsThieves	several people starting pumpin VTX at around .5	[05:51]
ThickAsThieves	started*	[05:51]
mircea_popescu	the fact that i can't see it speaks against it not excusing it.	[05:51]
Bowjob	i couldnt understand the vtx pump either, i missed it	[05:51]
topace	yea pretty nuts	[05:51]
topace	and 0 dividend announced for vtx	[05:51]
Chaang-Noi	why are you talking about the trade volume if it is a nonargumnt? im just saying you cant see the real trade volume, that is a fact :/	[05:51]
Bowjob	any more ipos, topace	[05:51]
mircea_popescu	incredibly people are still betting yes on bfl : https://twitter.com/BitBetsBets/status/316395891206549505	[05:51]
topace	Bowjob: not in the immediate future	[05:52]
Chaang-Noi	mircea_popescu> 2x asicminer volume yest. why is that ? is cavirtex a larger corp than asicminer ? i was answering this question	[05:52]
Bowjob	i was wrong about vtx, i didnt see any dividends, i didnt think it was gonna get funded	[05:52]
mircea_popescu	Chaang-Noi the trade volume IS the controlling argument.	[05:52]
Bowjob	much to my chargrin	[05:52]
dub	dude people bet on pirate for how long after he split?	[05:52]
mircea_popescu	the fact that asicminer fucked up their ipo is NOT an excuse for them	[05:52]
Bowjob	i learned though, if i see huge volume..	[05:52]
mircea_popescu	but the very problem they face.	[05:52]
Bowjob	get in11	[05:52]
*	FabianB_ (~ogg@p4FE873AE.dip.t-dialin.net) has joined #bitcoin-assets	[05:52]
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mircea_popescu	dub this is a point.	[05:52]
topace	yea VTX sold out in ~12 hours.. WITHOUT any pre-announcement of when teh IPO was happening	[05:52]
Chaang-Noi	but you dont even know what the vo;lume is, but i still disagree, some private companies are worth more than highly traded ones	[05:52]
topace	and the owner (joseph) didnt even email his user base to tell them about it either	[05:53]
mircea_popescu	Chaang-Noi i know what the volume is. this :	[05:53]
mircea_popescu	!ticker btct asicminer-pt	[05:53]
assbot	[BTCT:ASICMINER-PT] 1D: 0.75 / 0.78997 / 0.829 (288 shares, 227.5 BTC), 7D: 0.75 / 0.82809 / 0.93 (1620 shares, 1341.5 BTC), 30D: 0.65 / 0.77385 / 1 (4528 shares, 3504 BTC)	[05:53]
mircea_popescu	THAT is the volume. everything else is bullshit.	[05:53]
Chaang-Noi	that is one pt	[05:53]
mircea_popescu	we have standards in btc, we stick to them.	[05:53]
Bowjob	it was on the website on cavirtex.. i remember	[05:53]
*	FabianB has quit (Ping timeout: 260 seconds)	[05:53]
Bowjob	that they will announce an ipo soon	[05:53]
Chaang-Noi	pt is pass though, it is not real stock	[05:53]
mircea_popescu	people who think they're smarter are much akin to the street prophets in ny.	[05:53]
ThickAsThieves	฿215.44022652vol on BF	[05:53]
mircea_popescu	Chaang-Noi exactly.	[05:53]
ThickAsThieves	too	[05:53]
Chaang-Noi	standards in btc? lol	[05:53]
mircea_popescu	yes.	[05:53]
topace	Bowjob: yea it was announced on the website, but if you werent on teh website when it happened you wouldnt even have known	[05:54]
topace	i was baffled why he didnt want to announce it at least a few days ahead of time	[05:54]
Chaang-Noi	you show me one volume of one pt and say it means something about the company? im not the only one who would think that is silly	[05:54]
topace	give people time to prep and move funds to havelock	[05:54]
dub	sounds like an evoorhees move	[05:54]
dub	ie, stupid	[05:54]
topace	haha	[05:54]
ThickAsThieves	BCTC only holds 5342 shares	[05:54]
mircea_popescu	Chaang-Noi you may not be the only one that thinks that's silly, but that's quite irrelevant.	[05:54]
mircea_popescu	topace you gotta show people the light moar.	[05:54]
Bowjob	mp, what happened to the avalon bet	[05:55]
Bowjob	i dont see it on bitbet	[05:55]
Chaang-Noi	oh mp, tisk tisk tisk :)	[05:55]
ThickAsThieves	topace, whatever you did worked just fine	[05:55]
assbot	[MPEX] [S.DICE] 300 @ 0.00449999 = 1.35 BTC [-]	[05:55]
mircea_popescu	Bowjob did it close ?	[05:55]
Bowjob	yeah it should be closed	[05:55]
Chaang-Noi	i think your just jelly it is not on your exchange and you did not invest with them:)	[05:55]
Bowjob	but i dont see it anywgere	[05:55]
topace	hehe yea, i didnt do _anything_ all we did was put the banner on the www.cavirtex.com website and a news article on havelock website	[05:55]
Bowjob	when i type avalon	[05:55]
mircea_popescu	Bowjob then are you searching on the closed ones ?	[05:55]
Bowjob	mhm	[05:55]
topace	thats all it needed apparently	[05:56]
mircea_popescu	Chaang-Noi ya dude, totally. the fact that they failed to meet spec is something that makes me jelly.	[05:56]
mircea_popescu	the fact that they've cost their investors 100k btc or so makes me jelly.	[05:56]
mircea_popescu	i'm jelly to my ears, srsly.	[05:56]
Bowjob	oh, found it	[05:56]
ThickAsThieves	maybe YOU didnt do this, but the asset also had a nice prospectus, and a video	[05:56]
Chaang-Noi	100,000 btc? lol you trollin?	[05:56]
mircea_popescu	no.	[05:56]
topace	ThickAsThieves: yea, we delayed it 3 times due to prospectus re-writes	[05:56]
Bowjob	so topace how are investors gonna get paid	[05:56]
mircea_popescu	read the forum threads linked above, i won't bother rehashing it.	[05:56]
Chaang-Noi	how did they lose 100k btc then, lol	[05:56]
Bowjob	i didnt see any dividends back	[05:56]
mircea_popescu	that's what i pay pr for after all.	[05:56]
Bowjob	on the sheet	[05:56]
topace	pure growth stock?	[05:57]
topace	im sure there'll be dividends eventually	[05:57]
Bowjob	I'm interested on the leveraged trading,	[05:57]
Chaang-Noi	cant back up crazy claim, says not trollin, lol	[05:57]
topace	they just havent been announced yet	[05:57]
Bowjob	i can lend some btc there, have 12% guaranteed	[05:57]
mircea_popescu	Chaang-Noi https://bitcointalk.org/index.php?topic=151265.msg1605879#msg1605879 <<< read.	[05:57]
Bowjob	if you watched the video.. he mentioned the leverage as part of cavirtex	[05:57]
dub	all I see is sour grapes tbh	[05:57]
ThickAsThieves	regarding asicminer, its still a very small amount of shares even being traded	[05:57]
Bowjob	so i assume he's gonna need osme btc	[05:57]
mircea_popescu	and in general, when you're sent to do reading it's because you're sprouting nonsense.	[05:58]
Bowjob	and its guaranteed since i think they'll make people put up collateral	[05:58]
assbot	[BTCTC] [B.YABMC] 1 @ 0.01965 BTC [+]	[05:58]
topace	Bowjob: yes, the leveraged trading will happen on virtex, using the short fund on havelock as collateral	[05:58]
dub	as ThickAsThieves is saying there is no market for AM beyond a couple of pissant PTs and some forum auctions	[05:58]
mircea_popescu	dub that's exactly what "blowing your ipo" is.	[05:58]
Chaang-Noi	you wanted me to read inauncall your girl names?	[05:58]
mircea_popescu	you're going "dude, i'm missing an eye and both legs"	[05:58]
*	leotreasure_ has quit (Ping timeout: 252 seconds)	[05:58]
mircea_popescu	yes dude, you are. that's what fucking up is. missing body parts.	[05:58]
assbot	[HAVELOCK] [VTX] 8 @ 0.75449999 = 6.036 BTC [+]	[05:59]
assbot	[HAVELOCK] [VTX] 1 @ 0.7545 BTC [+]	[05:59]
assbot	[HAVELOCK] [VTX] 5 @ 0.755 = 3.775 BTC [+]	[05:59]
assbot	[HAVELOCK] [VTX] 3 @ 0.75999996 = 2.28 BTC [+]	[05:59]
assbot	[HAVELOCK] [VTX] 19 @ 0.75999998 = 14.44 BTC [+]	[05:59]
assbot	[HAVELOCK] [VTX] 3 @ 0.76 = 2.28 BTC [+]	[05:59]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.765 BTC [+]	[05:59]
Bowjob	ooh	[05:59]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.76 BTC [-]	[05:59]
ThickAsThieves	bam!	[05:59]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.68 = 1.36 BTC [-]	[05:59]
Bowjob	crazy	[05:59]
Bowjob	imo best investments as a growth stock..	[05:59]
Bowjob	asicminer. and HIM at havelock	[05:59]
Bowjob	nice btc multiplier	[05:59]
mircea_popescu	what's him ?	[05:59]
topace	mircea_popescu: my mining fund	[05:59]
Bowjob	same as asicminer, tho smaller	[05:59]
assbot	[MPEX] [S.MPOE] 8273 @ 0.00064056 = 5.2994 BTC [-]	[06:00]
Bowjob	the only thing that bothers me is that you took bfl pre orders	[06:00]
topace	mircea_popescu: yea, until fucking BFL delivers	[06:00]
mircea_popescu	topace those do poorly historically. what's it got, fpga ?	[06:00]
topace	yea about 22GH atm, all FPGA	[06:00]
topace	since like, last summer	[06:00]
Namworld	VTX is going nicely	[06:00]
mircea_popescu	https://bitcointalk.org/index.php?topic=147613.msg1676943#msg1676943 << lol bitbillions guy is still at it	[06:00]
topace	but we only pay out ~50% as dividends, with extra being reinvested	[06:01]
topace	in new hardware	[06:01]
Bowjob	did you order any avalons	[06:01]
topace	so its not like lame gigaminer where you're buying a certian mh/s	[06:01]
topace	your share is always your percent share of the total	[06:01]
Namworld	oh, don't tell me about it...	[06:01]
Bowjob	yeah thats a pretty good fund, i like it... but. dat bfl	[06:01]
mircea_popescu	topace that's saner.	[06:01]
topace	indeed	[06:01]
Bowjob	they are pretty silent over there, josh is just going insulting people on the forums	[06:02]
Bowjob	as usual	[06:02]
topace	we were even outdoiing network increases and raising dividends	[06:02]
topace	due to the reinvestment in new fpga's	[06:02]
topace	until a few months ago	[06:02]
topace	when all the ASIC shit hit the fan	[06:02]
topace	but... we also have 1.8Th on pre-order, and most of which will be paid for with re-invested earnings (so no need to issue new units to buy the units up front)	[06:03]
topace	thanks to the btc appreciation	[06:03]
topace	what we had saved to buy asics to cover 4-6 units, now will cover pretty much all 30 units we have on preorder	[06:03]
mircea_popescu	topace the pre-order is on bfl ?	[06:04]
topace	yea	[06:04]
mircea_popescu	ouch	[06:04]
topace	dating back to the first week of pre-orders	[06:04]
Bowjob	that bothers me, lol	[06:04]
Bowjob	how much was the 1.5 minirig	[06:04]
Bowjob	in btc	[06:04]
mircea_popescu	a, it's not paid yet ?	[06:04]
topace	yea, starting to really bother me too.. however -- its not paid for with HIM funds	[06:04]
mircea_popescu	so basically you hold the early option to 1.8th of bfl	[06:04]
topace	its all paid for with my personal funds	[06:04]
mircea_popescu	at a fixed early price ?	[06:04]
mircea_popescu	uh	[06:05]
topace	when they are sitting on my desk, HIM buys them from ME	[06:05]
mircea_popescu	o i c.	[06:05]
mircea_popescu	you fool :D	[06:05]
topace	at a markup of course	[06:05]
topace	hehe, worked well for the fpga's	[06:05]
topace	bfl will deliver	[06:05]
mircea_popescu	next thing out of my mouth was "so are you lending stock ?" but averted.	[06:05]
topace	just a matter of when	[06:05]
Bowjob	31 BTC says not until july at least	[06:05]
Bowjob	http://bitbet.us/bet/307/bfl-will-deliver-asic-devices-before-july-1st/	[06:06]
Bowjob	mhm, maybe its a good idea to make my own mini farm starting with 1 avalon	[06:06]
Chaang-Noi	i think im going to lose my bet thinking bfl would ship this month, lol	[06:06]
Bowjob	have them multiply	[06:06]
Chaang-Noi	oh well	[06:06]
Bowjob	i'll drive my parents nuts	[06:06]
jcpham	shipping april 1st	[06:06]
mircea_popescu	"The other factor, of course, is that Bitcoin can't be manipulated as easily as gold and silver obviously are. "	[06:06]
Chaang-Noi	perfect day for bfl	[06:06]
mircea_popescu	dude wat	[06:06]
Chaang-Noi	fools day, lol	[06:06]
Bowjob	the first buyers were better off holding btc	[06:07]
ThickAsThieves	that would be perfect	[06:07]
Chaang-Noi	i went long on bitcoinica :)	[06:07]
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mircea_popescu	anyone know the bitcoinity ppl ?	[06:09]
mircea_popescu	ty	[06:10]
ThickAsThieves	;;goxlag	[06:11]
gribble	0 seconds	[06:11]
ThickAsThieves	;;ticker	[06:11]
gribble	BTCUSD ticker \| Best bid: 75.60501, Best ask: 75.69800, Bid-ask spread: 0.09299, Last trade: 75.60500, 24 hour volume: 80478.52504177, 24 hour low: 69.80000, 24 hour high: 78.00000, 24 hour vwap: 74.59924	[06:11]
topace	anywho, im off	[06:12]
topace	later!	[06:12]
Bowjob	pce	[06:12]
Bowjob	i wonder if there's gonna be a bet before may 1st avalon	[06:14]
Bowjob	err.. i meant bfl	[06:14]
Bowjob	or we just go straight to july	[06:14]
assbot	[MPEX] [O.BTCUSD.C630T] 1000 @ 0.19996944 = 199.9694 BTC [+]	[06:14]
assbot	[MPEX] [O.BTCUSD.C610T] 1000 @ 0.22859638 = 228.5964 BTC [+]	[06:14]
assbot	[MPEX] [O.BTCUSD.C650T] 1000 @ 0.17290381 = 172.9038 BTC	[06:14]
assbot	[MPEX] [O.BTCUSD.C690T] 1000 @ 0.12457025 = 124.5703 BTC	[06:14]
assbot	[MPEX] [O.BTCUSD.C670T] 1000 @ 0.14768862 = 147.6886 BTC	[06:14]
assbot	[MPEX] [O.BTCUSD.C710T] 1000 @ 0.10373103 = 103.731 BTC [+]	[06:14]
assbot	[MPEX] [O.BTCUSD.C750T] 1000 @ 0.06926151 = 69.2615 BTC [+]	[06:15]
mircea_popescu	o hey	[06:15]
assbot	[MPEX] [O.BTCUSD.C730T] 1000 @ 0.08527783 = 85.2778 BTC [+]	[06:15]
mircea_popescu	!ticker m ^oix	[06:15]
assbot	[MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 48.45538965 / 66.4177076 / 76.84005554 (33537 shares, 2,737.95 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)	[06:15]
Bowjob	someones making bank	[06:15]
mircea_popescu	these need like what, 79 or so ?	[06:15]
ThickAsThieves	correct	[06:16]
tiberiusiv	mp: are you under the assumption options tend to predict the future?	[06:16]
ThickAsThieves	sentiment can become self-fulfilling, like chart-reading	[06:16]
tiberiusiv	options tend to expire worthless	[06:17]
ThickAsThieves	like debates with you?	[06:17]
assbot	[HAVELOCK] [VTX] 1 @ 0.75999999 BTC [-]	[06:18]
ThickAsThieves	sry that was called for	[06:18]
tiberiusiv	you never have anything to debate	[06:18]
ThickAsThieves	wasnt	[06:18]
ThickAsThieves	lol	[06:18]
ThickAsThieves	we havent debated? oh	[06:18]
mircea_popescu	tiberiusiv did you read the oix article ?	[06:20]
tiberiusiv	mircea_popescu: i think mpex shares declined due to missing out on the cavirtex ipo	[06:20]
mircea_popescu	what, thre's some golden rule that all ipos must happen on mpex or something ?	[06:21]
tiberiusiv	cavirtex may have been the most successful ipo to date?	[06:21]
tiberiusiv	i dont even think sdice sold out that fast	[06:21]
tiberiusiv	mircea: well, it would have been nice that the higher quality issuances use mpex	[06:22]
assbot	[MPEX] [O.BTCUSD.C610T] 1000 @ 0.22856513 = 228.5651 BTC [-]	[06:22]
assbot	[MPEX] [O.BTCUSD.C650T] 1000 @ 0.17285328 = 172.8533 BTC [-]	[06:22]
assbot	[MPEX] [O.BTCUSD.C670T] 1000 @ 0.1476286 = 147.6286 BTC [-]	[06:22]
assbot	[MPEX] [O.BTCUSD.C710T] 1000 @ 0.10365616 = 103.6562 BTC [-]	[06:22]
mircea_popescu	you were just born last night so you think this morning is "the best morning to date".	[06:22]
assbot	[MPEX] [O.BTCUSD.C730T] 1000 @ 0.08519875 = 85.1988 BTC [-]	[06:22]
assbot	[MPEX] [O.BTCUSD.C750T] 1000 @ 0.06918073 = 69.1807 BTC [-]	[06:22]
mircea_popescu	for the record, bitbet is a tiny corp and collected something like that.	[06:22]
mircea_popescu	s.dice got 50k or so in ipo funds.	[06:22]
tiberiusiv	bitbet collected $300k ?	[06:22]
tiberiusiv	how when most of the shares are still for sale	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [+]	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.681 BTC [-]	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.68 = 1.36 BTC [-]	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.68 = 2.04 BTC [-]	[06:23]
ThickAsThieves	what is your point tib? that mpex must bow to havelock?	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.67 = 1.34 BTC [-]	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 4 @ 0.66 = 2.64 BTC [-]	[06:23]
assbot	[BTCTC] [ASICMINER-PT] 8 @ 0.6591 = 5.2728 BTC [-]	[06:23]
mircea_popescu	o boy.	[06:23]
tiberiusiv	thickasthieves: no it was just interesting to see the stock price react	[06:23]
ThickAsThieves	did it?	[06:24]
tiberiusiv	it went down like 15%	[06:24]
ThickAsThieves	which are you refering to?	[06:24]
tiberiusiv	http://mpex.co/?mpsic=S.MPOE	[06:24]
mircea_popescu	yeah, well, prices vary a lot more than that for a lot less reason.	[06:24]
mircea_popescu	s.dice went to 0.008 one day just so.	[06:24]
ThickAsThieves	lol	[06:24]
ThickAsThieves	whats was the volume?	[06:24]
Bowjob	like a fuckton	[06:24]
Bowjob	400 worth of btc was it	[06:24]
tiberiusiv	asicminer tanked too ?	[06:24]
mircea_popescu	Bowjob huge, like 1mn shares	[06:25]
ThickAsThieves	yeah AM forked	[06:25]
Bowjob	yeah so around 4k btc worth... at the time?	[06:25]
Bowjob	i remember the fiat value was about 80k usd	[06:25]
tiberiusiv	so what exactly is asicminer? avalons equipment	[06:25]
tiberiusiv	and they payout what they mined	[06:26]
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Bowjob	it was equally painful and pleasurable for the parties	[06:26]
tiberiusiv	or were they using asicminer shares to finance avalon orders lol	[06:26]
Bowjob	involved in the 0.008 transaction	[06:26]
Bowjob	well i asume its painful for just 1 party lol	[06:26]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [+]	[06:27]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [+]	[06:27]
ThickAsThieves	asicminer up 12%	[06:27]
ThickAsThieves	;)	[06:27]
tiberiusiv	i think over the longrun you will be better off just owning btc outright then btc companies	[06:27]
mircea_popescu	lol ThickAsThieves	[06:27]
tiberiusiv	same thing applied to gold	[06:27]
mircea_popescu	there never were "gold companies"	[06:28]
tiberiusiv	miners	[06:28]
mircea_popescu	this is not what btc companies are.	[06:28]
tiberiusiv	theres also been countless gold transfer firms that have busted too	[06:28]
tiberiusiv	btc companies work for short time periods before competition becomes intense	[06:28]
mircea_popescu	still not a valid comparison.	[06:29]
mircea_popescu	listen, you have this broken approach to learning whereby you make definitive statements that are both wrong and uninformed	[06:29]
mircea_popescu	with the expectation someone will argue you into sense.	[06:29]
mircea_popescu	this is unwarranted, nobody really cares.	[06:29]
tiberiusiv	really they are wrong? like mtgox losing market share for 2 years?	[06:29]
assbot	[MPEX] [O.BTCUSD.C710T] 5 @ 0.119 = 0.595 BTC [+]	[06:29]
mircea_popescu	this isn't a school setting and you're certainly not the clever kid in the class or anything.	[06:29]
tiberiusiv	and mpex having no listings outside of sdice	[06:29]
mircea_popescu	and you can't manipulate me into it either, simply because of the size differential.	[06:30]
tiberiusiv	you can make all the statements you want mp, facts speak for themselves and mpex has 1 firm on it that is not related to mpex.	[06:30]
tiberiusiv	mpex's only "edge" so far is its dominance of option trading	[06:31]
assbot	[MPEX] [O.BTCUSD.C730T] 8 @ 0.0981512 = 0.7852 BTC [+]	[06:32]
assbot	[MPEX] [O.BTCUSD.C730T] 10 @ 0.10153501 = 1.0154 BTC [+]	[06:32]
assbot	[MPEX] [O.BTCUSD.C750T] 600 @ 0.086 = 51.6 BTC [+]	[06:32]
assbot	[MPEX] [O.BTCUSD.C750T] 10 @ 0.09959 = 0.9959 BTC [+]	[06:32]
assbot	[MPEX] [O.BTCUSD.C750T] 5 @ 0.0869 = 0.4345 BTC [-]	[06:32]
ThickAsThieves	My first day trading options on MPEX and I'm up 22.5%, heyo!	[06:35]
ThickAsThieves	similar reports will not be given when i lose	[06:35]
Namworld	lol >.>	[06:36]
assbot	[BTCTC] [BASIC-MINING] 14 @ 0.344 = 4.816 BTC [+]	[06:37]
assbot	[MPEX] [O.BTCUSD.C750T] 600 @ 0.06917259 = 41.5036 BTC [-]	[06:38]
assbot	[BTCTC] [BASIC-MINING] 6 @ 0.34999 = 2.0999 BTC [+]	[06:38]
assbot	[MPEX] [O.BTCUSD.C750T] 400 @ 0.06917259 = 27.669 BTC [-]	[06:39]
ThickAsThieves	;;ticker	[06:39]
gribble	BTCUSD ticker \| Best bid: 75.00002, Best ask: 75.51612, Bid-ask spread: 0.51610, Last trade: 75.51612, 24 hour volume: 80957.53550534, 24 hour low: 70.78624, 24 hour high: 78.00000, 24 hour vwap: 74.64243	[06:39]
Namworld	and bids are increasing	[06:41]
ThickAsThieves	;;bids 70	[06:42]
gribble	There are currently 10614.009 bitcoins demanded at or over 70.0 USD, worth 759660.325336 USD in total. \| Data vintage: 0.0074 seconds	[06:42]
ThickAsThieves	;;asks 80	[06:42]
gribble	There are currently 9697.4468 bitcoins offered at or under 80.0 USD, worth 761706.200795 USD in total. \| Data vintage: 3.0644 seconds	[06:42]
ThickAsThieves	fight!	[06:42]
Namworld	eheh	[06:43]
Namworld	I could see us reaching 100... or at least hitting against the resistance there.	[06:43]
Namworld	But I want price to crash	[06:43]
Namworld	Just reaching 100 would be fun	[06:44]
Bowjob	you bought puts?	[06:44]
Namworld	nay	[06:44]
Namworld	Well...	[06:44]
Namworld	I got puts at 31 from the beggining of the month >.>	[06:44]
Bowjob	eh, im in this for the long haul, let the bears have their fun	[06:44]
Namworld	I could sell them into the 2 satoshi bids...	[06:44]
Bowjob	in the form of flash crashes	[06:44]
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Bowjob	honestly, i have no clue about crashes.. im sure no one really knows for sure	[06:45]
assbot	[BTCTC] [S.DICE-PT] 90 @ 0.00492 = 0.4428 BTC [+]	[06:46]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]	[06:47]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.69 BTC [-]	[06:47]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]	[06:47]
Bowjob	well if btc crashes to 31, ian will turn legit	[06:47]
Namworld	Let the price flash crash to 0.01 USD per BTC (MtGox hax #2)	[06:48]
Namworld	;;bids 0	[06:48]
pigeons	people are paying a lot of money for virtex	[06:48]
gribble	There are currently 36697360 bitcoins demanded at or over 0.0 USD, worth 8718811.60498 USD in total. \| Data vintage: 0.0179 seconds	[06:48]
Namworld	VTX?	[06:49]
pigeons	yes	[06:49]
pigeons	!ticker h VTX	[06:49]
assbot	[HAVELOCK:VTX] 1D: 0.50000000 / 0.72102007 / 0.79900000 (428 shares, 308.59659097 BTC), 7D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC), 30D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC)	[06:49]
Namworld	pigeons, remember that most stuff on Havelock go to 10% or under per year	[06:49]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]	[06:49]
Namworld	well there's only 2 cases other than SDICE... not really representative...	[06:49]
Namworld	but people pay a good price/income on there	[06:50]
pigeons	i mean people are paying a lot of money for mpoe	[06:50]
Namworld	but assuming a minimum of 1k BTC traded daily and average of 2% fees.	[06:50]
Namworld	That's 20 BTC daily or 0.0002 per share	[06:51]
Namworld	so 0.073 per year	[06:51]
Namworld	if that's 10% per year, than price should be at least 0.73	[06:51]
tiberiusiv	pigeons: virtex is real canadian shares though	[06:51]
Namworld	That too...	[06:51]
tiberiusiv	pigeons: they have to be audited etc.	[06:51]
pigeons	we've seen what that's worth	[06:52]
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Bowjob	http://www.youtube.com/watch?v=JI2LVH4JfV0	[06:52]
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Bowjob	why litecoin will beat bitcoin	[06:52]
tiberiusiv	litecoin is a joke	[06:53]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]	[06:53]
*	Smooblush has quit (Read error: Operation timed out)	[06:53]
assbot	[MPEX] [O.BTCUSD.C610T] 1000 @ 0.22859638 = 228.5964 BTC [+]	[06:54]
assbot	[MPEX] [O.BTCUSD.C650T] 1000 @ 0.17282361 = 172.8236 BTC [-]	[06:54]
assbot	[MPEX] [O.BTCUSD.C670T] 1000 @ 0.14756634 = 147.5663 BTC [-]	[06:54]
assbot	[MPEX] [O.BTCUSD.C710T] 1000 @ 0.10353607 = 103.5361 BTC [-]	[06:54]
assbot	[MPEX] [O.BTCUSD.C730T] 1000 @ 0.08505736 = 85.0574 BTC [-]	[06:54]
assbot	[MPEX] [O.BTCUSD.C750T] 1000 @ 0.06902428 = 69.0243 BTC [-]	[06:54]
assbot	[MPEX] [O.BTCUSD.C750T] 1000 @ 0.08 = 80 BTC [+]	[06:54]
pigeons	wait they charge 2% on the btc side of the trade?	[06:54]
Bowjob	yeah both sides	[06:55]
Bowjob	fiat and btc side	[06:55]
pigeons	Ukto: you need to get some of that market	[06:56]
assbot	[MPEX] [O.BTCUSD.C690T] 1000 @ 0.12440874 = 124.4087 BTC [-]	[06:56]
pigeons	i had a guy tell me yesterday he wanted to deposit cad with weex but was afraid since the market was so thin, he'd have to pay the 4.50$ withdraw fee	[06:57]
*	ChaangNoi (~chaangnoi@ppp-27-55-169-148.revip3.asianet.co.th) has joined #bitcoin-assets	[06:58]
tiberiusiv	lol	[06:58]
tiberiusiv	cavirtex fees will be down alot by the end of the year	[06:59]
tiberiusiv	so far cavirtex is the fastest withdraw/deposit exchange available	[06:59]
tiberiusiv	under 2hrs to fund in canada, and same day withdrawls	[07:00]
pigeons	that is fast	[07:00]
mircea_popescu	bitcoin-central does the same thing really.	[07:00]
tiberiusiv	only downside is its mostly catering to canadians at this point	[07:00]
tiberiusiv	can i fund bitcoin-central in 20,000 locations?	[07:00]
mircea_popescu	in about two million.	[07:01]
tiberiusiv	without having to deal with charlie shrem and bitinstant	[07:01]
mircea_popescu	or w/e banking locatyions there are in the sepa zone.	[07:01]
mircea_popescu	yes.	[07:01]
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toffoo	mircea_popescu: have you gotten any further along in trying to short asicminer?	[07:01]
mircea_popescu	they're what cavirtex aspires to be. banking partners and all.	[07:01]
tiberiusiv	true SEPA is nice	[07:01]
mircea_popescu	toffoo only in the sense bugpowder is now also looking for shares.	[07:01]
toffoo	to short?	[07:01]
mircea_popescu	yea	[07:01]
tiberiusiv	mircea: how deep is bitcoin-central order book	[07:02]
mircea_popescu	not very.	[07:02]
toffoo	if you could borrow them, how/where would you sell them?	[07:02]
mircea_popescu	toffoo i'd have a broker sell them for me.	[07:02]
toffoo	where?	[07:02]
mircea_popescu	wherever they are	[07:02]
tiberiusiv	toffoo: on the exchange they trade at	[07:03]
toffoo	the liquidity on the two passthroughs is low (especially on the bid side)	[07:03]
ChaangNoi	asicminer is not listed on an exchange, it is not publicly traded, the stuff on the exchanges are just pt's sorta	[07:03]
swhitt	bioshock infinittte!	[07:04]
mircea_popescu	toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments.	[07:04]
assbot	[MPEX] [S.MPOE] 5450 @ 0.00064056 = 3.4911 BTC [-]	[07:04]
ChaangNoi	most of the volume of asic miner is traded otc on the forum	[07:04]
toffoo	has anyone made you a real offer to loan them? INAU?	[07:04]
mircea_popescu	toffoo he made a fool of himself, as in, went all tough into offering them but then failed to actually go through.	[07:04]
mircea_popescu	not sure what his thinking was exactly.	[07:05]
toffoo	how many are you thinking of shorting? (roughly)	[07:05]
ChaangNoi	i thought about it, but i did not think the pay off of 1% or so was worth the risk of putting them on an exchange	[07:05]
mircea_popescu	i dunno, a few thousand ?	[07:05]
toffoo	I was thinking about it too (loaning them)	[07:05]
mircea_popescu	what sort of term can you live with ?	[07:06]
toffoo	but at first glance it didn't seem like a very good idea ...	[07:06]
toffoo	but i thought about it a little deeper today,	[07:06]
ChaangNoi	have you seen the bids on the PT's ? not many, also when it is time to buy back, you might not has the asks... this might not be a good thing to short (if you do a pt)	[07:06]
mircea_popescu	well as a rule of thumb, if loaning them isn't a good idea selling them usually is a good idea.	[07:06]
toffoo	and maybe came up with an idea that makes more sense (for both parties)	[07:06]
mircea_popescu	outside of cp risk consideratios	[07:06]
mircea_popescu	toffoo a good starting point would be the old short contract i made for public use	[07:07]
tiberiusiv	http://www.bitcoincard.org/	[07:07]
toffoo	it was the cp risk considerations that I didn't like	[07:07]
tiberiusiv	whatever happend to this?	[07:07]
mircea_popescu	http://polimedia.us/bitcoin/mphf.txt	[07:07]
toffoo	lemme take a look at that ...	[07:07]
Bowjob	https://bitcointalk.org/index.php?topic=157951.msg1677720#msg1677720	[07:07]
Bowjob	still deciding if this guy can be trusted or not	[07:07]
Bowjob	he seems to want an avalon 3	[07:07]
ChaangNoi	are they even still forsale?	[07:08]
tiberiusiv	the local begger	[07:08]
ChaangNoi	loaning btc is just asking for it to be gone...	[07:08]
tiberiusiv	0.5btc says he spends his borrowed funds on sdice	[07:09]
mircea_popescu	Bowjob i wouldn't be borrowing btc to unheard of ppl.	[07:09]
toffoo	mircea_popescu: so did that trade actually happen?	[07:09]
mircea_popescu	yeah	[07:09]
Bowjob	yes yes of course. he's an uknown..	[07:10]
toffoo	my condolences ??	[07:10]
mircea_popescu	why ?	[07:10]
mircea_popescu	expired worthless.	[07:10]
toffoo	so you didn't sell the shares you borrowed?	[07:10]
mircea_popescu	i did sell them, yes.	[07:10]
mircea_popescu	did you actually read that thing ?	[07:11]
toffoo	just skimmed it ;D	[07:11]
toffoo	so you covered a long time ago?	[07:11]
mircea_popescu	yes well that doesn't work too well for contracts.	[07:11]
mircea_popescu	no.	[07:11]
ThickAsThieves	when mpex call options book is empty, then what?	[07:11]
mircea_popescu	it.expired.worthless.	[07:11]
mircea_popescu	"And that the Lendee shall cause the shares be returned to the Lender on December	[07:11]
mircea_popescu	the 19th, 2012, or at his preference pay their value calculated as the average	[07:11]
mircea_popescu	price during the past five days, except if ASICMINER should have become disconti	[07:11]
mircea_popescu	nued or are no longer traded in which case a token payment of 1 BTC shall be suf	[07:11]
mircea_popescu	ficient."	[07:11]
mircea_popescu	ThickAsThieves then nothing ? or what you mean	[07:11]
tiberiusiv	thickasthieves: his bot will just fill it up.	[07:12]
ThickAsThieves	thx	[07:12]
ThickAsThieves	is that on a schedule or?	[07:12]
mircea_popescu	yeah about ten minutes or so roughly.	[07:12]
tiberiusiv	along with trades	[07:13]
ChaangNoi	did you pay the 1 btc?	[07:13]
mircea_popescu	iirc yea	[07:13]
ThickAsThieves	thx	[07:14]
ChaangNoi	well asicminer is still traded just otc and not on an exchange.	[07:14]
Namworld	Yeah. I got a whole BTC to show for that contract >.>	[07:14]
mircea_popescu	yeah but as i said above, " toffoo yea well, i wouldn't borrow mystical "asciminer" shares. i'd borrow actual tradeable instruments."	[07:14]
Namworld	I just really wasn't expecting GLBSE to go down.	[07:15]
ChaangNoi	however it would be hard to find an average price	[07:15]
mircea_popescu	ChaangNoi exactly.	[07:15]
mircea_popescu	there's no practical way to do stuff like shorting unless there's functioning markets.	[07:15]
ChaangNoi	i agree	[07:15]
mircea_popescu	which is why stupid shit like what friedcat is pulling is at best harmful	[07:15]
ChaangNoi	that is why i think it is very hard to short this stock	[07:15]
mircea_popescu	if he's not outright scamming.	[07:15]
*	leotreasure has quit (Ping timeout: 264 seconds)	[07:15]
ChaangNoi	shorting a pt is risky	[07:15]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [-]	[07:15]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.69 = 1.38 BTC [-]	[07:16]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.68 BTC [-]	[07:16]
ChaangNoi	i dont think he is scamming, he just does not want a second glbse fail, this is him making sure he wont lose money again	[07:16]
mircea_popescu	i don't think he is either.	[07:17]
ChaangNoi	it is susspected nefario took some of the shares and claimed them as his own,	[07:17]
mircea_popescu	honestly i think he failed to uinderstand that operations is just piece of the pie, not the whole pie	[07:17]
mircea_popescu	had some "helpers" of the typical sort doing an exchange	[07:17]
mircea_popescu	which failed	[07:17]
mircea_popescu	and got himself stuck and with no time to handle things.	[07:17]
ChaangNoi	his goal was to get the money to make the stuff, he has it, he could care less about the share price as he will no longer sell shares	[07:17]
mircea_popescu	yes well...	[07:17]
mircea_popescu	that's asinine.	[07:17]
ChaangNoi	he and many of us, are in it for the dividends, not share price	[07:17]
mircea_popescu	that's besides the point.	[07:18]
mircea_popescu	when you run a public company you owe your shareholders some basic stuff.	[07:18]
ChaangNoi	he wont sell shares if the price is .001 or 20 btc he does not need an exchange	[07:18]
mircea_popescu	the time/effort he put into handmanaging email transfers by now is an eyesore in his books	[07:18]
mircea_popescu	(which he prolly doesn't actually keep)	[07:18]
ChaangNoi	he is letting us trade the shares, he is letting us do PTs	[07:18]
ChaangNoi	the time he spends on that is better than a second glbse fail	[07:19]
ChaangNoi	he lots a lot of btc and a lot of people lots shares	[07:19]
mircea_popescu	yeah, he misjudged glbse at that time.	[07:19]
mircea_popescu	this doesn't mean anything about the world	[07:19]
mircea_popescu	it just means something about his financial competence.	[07:19]
ChaangNoi	he thinks at this time there is not a safe exchange to list at	[07:19]
toffoo	actually asicminer was way ahead of the game in predicting glbse's demise ...	[07:20]
mircea_popescu	no, he just thinks he doesn't have a clue about such matters.	[07:20]
ChaangNoi	i have no problem with the way he is doing things honestly	[07:20]
mircea_popescu	anyway, at about the same time asicminer got started i wanted to list mpoe.	[07:20]
mircea_popescu	it was obvious to me glbse is going to shit, and so i saw myself forced to make an exchang	[07:20]
mircea_popescu	there's a difference.	[07:20]
mircea_popescu	toffoo notrly.	[07:20]
toffoo	yes rly	[07:20]
mircea_popescu	they're still 1-2k btc locked in there aren't they	[07:20]
ChaangNoi	he is not in the business of making an exchange, his skills is making asics, or if he can do both, the better money for his time is asics	[07:21]
mircea_popescu	this is not predicting anything, keeping 1k+ in cash on global scam exchange.	[07:21]
mircea_popescu	ChaangNoi this fails to explain why he said he was making one.	[07:21]
ChaangNoi	glbse was going down hill, nefario was a nutter	[07:21]
mircea_popescu	actually... promised to.	[07:21]
mircea_popescu	ChaangNoi bitch, quit it. you were his main supporter back in september when i was the only one saying this	[07:21]
ChaangNoi	mp he might have started to make one, but found it not safe or that he was too busy making asics to finish	[07:21]
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mircea_popescu	no. he promised an exchange, he failed to deliver it, never mentioned it again	[07:22]
ChaangNoi	lol yeah nefario and i have always been close	[07:22]
mircea_popescu	stop trying to alter history on me, i won't let it pass.	[07:22]
mircea_popescu	yes, you have.	[07:22]
mircea_popescu	up until he up and kicked you.	[07:22]
ChaangNoi	lol you forget when he tried to kick me before?	[07:22]
mircea_popescu	what the fuck do you think, my memory is three months long like the forums ?	[07:22]
toffoo	i'd say the forum is < 1 week	[07:23]
mircea_popescu	toffoo that's a point.	[07:23]
ChaangNoi	i called nefario a scammer before he kicked me, and 6 months before that i would not give him my id cuz i said he could not be trusted and his site was not safe.. the forum posts are still there	[07:24]
ChaangNoi	he said he was going to kick me but never did, he backed down	[07:24]
mircea_popescu	https://bitcointalk.org/index.php?topic=157789.msg1677033#msg1677033	[07:24]
mircea_popescu	lmao! this is TOTALLY glbse all over again	[07:24]
assbot	[HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]	[07:26]
ChaangNoi	odd	[07:26]
tiberiusiv	how convenient they register in delaware	[07:26]
ChaangNoi	well, it is a real company	[07:26]
tiberiusiv	most secretive laws regarding corps	[07:26]
mircea_popescu	msot everyone registers there	[07:27]
ChaangNoi	i would say it is not exactly like glbse and theymos unless there is stuff going on i dont know about	[07:27]
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tiberiusiv	yes for tax and secrecy	[07:27]
mircea_popescu	yeah	[07:27]
mircea_popescu	and for speed and cheapness and really... that's what delaware does	[07:27]
mircea_popescu	sorta like idaho and potatoes	[07:27]
mircea_popescu	"Looking to borrow 600 BTC @ 3.5% weekly ianbakewell" << heh	[07:27]
toffoo	nevada is pretty good too (for registering, not potatoes)	[07:27]
Namworld	sheesh	[07:28]
pigeons	i wonder if bakewell is the guy's rea; name	[07:28]
ChaangNoi	ianbakewell is still around? and asking for money? oh lol	[07:29]
Namworld	3.5% weekly	[07:29]
mircea_popescu	that's the old thread i quoted	[07:29]
Namworld	I pay 0.21% weekly and I find that a lot.	[07:29]
ChaangNoi	ok	[07:29]
Bowjob	its his real name	[07:29]
ChaangNoi	so?	[07:29]
ChaangNoi	lots of scammers used their real name	[07:29]
mircea_popescu	bernie maddoff did	[07:30]
pigeons	i asked cause its humorous. i know its bad form to make fun of a fellow's name	[07:30]
pigeons	mernie madoff is funny one too	[07:30]
Bowjob	the moment of truth for ian is 29th of march	[07:30]
Bowjob	thats his 1st cheduled payment	[07:30]
tiberiusiv	he can only make it if the btc price is down	[07:30]
Namworld	He actually got the 600 BTC?	[07:30]
Bowjob	yes	[07:31]
Namworld	what did he spent that on?	[07:31]
ChaangNoi	he picked a bad time to short btc	[07:31]
mircea_popescu	Namworld he shorted btc at 30	[07:31]
Bowjob	and it says on his sig, short btc at 34.50	[07:31]
tiberiusiv	namworld shorted btc	[07:31]
pigeons	when does he have to rebuy his S.DICE shares too? you know he hasn't done that yet	[07:31]
Bowjob	that hurts like a bitch	[07:31]
Namworld	oh...	[07:31]
Bowjob	thats may	[07:31]
Bowjob	in may	[07:31]
mircea_popescu	pigeons prolly after they go to 80	[07:31]
Bowjob	TF is on the receiving end of that share short	[07:31]
Namworld	25,200 USD lost at 72 USD/BTC	[07:31]
Namworld	600x42	[07:31]
Bowjob	he did well at shorting s.dice	[07:31]
tiberiusiv	hence him defaulting	[07:31]
Bowjob	btc? not so much	[07:31]
Bowjob	;;ticker	[07:32]
gribble	BTCUSD ticker \| Best bid: 74.66999, Best ask: 74.67000, Bid-ask spread: 0.00001, Last trade: 74.67000, 24 hour volume: 81024.62335997, 24 hour low: 71.25319, 24 hour high: 78.00000, 24 hour vwap: 74.68722	[07:32]
mircea_popescu	did he even say what his s.dice short cost basis was ?	[07:32]
Bowjob	it was 0.62	[07:32]
mircea_popescu	a then he's ahead there	[07:32]
Bowjob	cuz fuck the extra zeros	[07:32]
mircea_popescu	then be consistent, say 62	[07:32]
tiberiusiv	sdice is too dangerous to short because voorhees has 90% of them and can always manipulate earnings	[07:32]
Bowjob	or .62	[07:32]
mircea_popescu	just two digit most relevant works imo	[07:32]
Namworld	20k BTC till 95 USD/BTC ...	[07:33]
tiberiusiv	voorhees can simply use his buying power to bully short sellers into massive losses	[07:33]
pigeons	well he's trying to have less than 90%, he's working on it	[07:33]
mircea_popescu	btc is 74, sdice is 45 and smpoe 68 or w/e	[07:33]
Bowjob	tiber, more conspiracy theories please	[07:33]
tiberiusiv	pigeons: hell have to fake more playing	[07:33]
mircea_popescu	tiberiusiv that's really a discredited argument you know.	[07:33]
tiberiusiv	no it isnt.	[07:33]
mircea_popescu	right. because you'd know.	[07:33]
pigeons	tiberiusiv: that's an unproven allegation that we've all been over. we're all interested only if you have some proof	[07:33]
tiberiusiv	if it was, voorhees wouldnt still have 90% of shares.	[07:34]
mircea_popescu	think for a moment. if he has 90% of the shares or if he has 500k BTC it's all the same.	[07:34]
mircea_popescu	plenty of people can bully shorts if they chose to.	[07:34]
tiberiusiv	the proof is that more people arent willing to buy shares	[07:34]
ChaangNoi	hokers and blow odds are	[07:34]
ChaangNoi	seems to be what most do	[07:34]
mircea_popescu	that's not how proof works, that's how circular arguments work.	[07:34]
tiberiusiv	mp: id expect you to defend him since your own operations are beyond shady as well.	[07:34]
mircea_popescu	you know there's a long history of hotheads with nothing to show just like yourself tried that entire approach.	[07:35]
mircea_popescu	i'm still here.	[07:35]
tiberiusiv	mpex is what 95% owned by you? theres no way to tell how many of your "options" trades are real	[07:35]
mircea_popescu	88%	[07:35]
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tiberiusiv	you only need to get rid of 10-20% shares at inflated valuations to pocket millions	[07:35]
tiberiusiv	to gullible idiots	[07:35]
toffoo	that's bill gates and warren buffet of btc right there	[07:35]
mircea_popescu	stop running around the field. the point of discussion here is that the holding % makes no difference.	[07:35]
mircea_popescu	if i have 500k btc in cash and you short something,	[07:35]
mircea_popescu	ANYTHING	[07:35]
mircea_popescu	i can burn you.	[07:36]
mircea_popescu	it's immaterial if this wealth is in shares or btc or anything.	[07:36]
tiberiusiv	yea and you have proceeds from the existing share sales	[07:36]
tiberiusiv	so does voorhees	[07:36]
tiberiusiv	to burn shorts.	[07:36]
tiberiusiv	that was my entire point	[07:36]
mircea_popescu	right. so basically your argument reduces to "we can't short bcause we don't control the money supply"	[07:36]
mircea_popescu	this is true, you don't.	[07:36]
mircea_popescu	however, needing this argument shows your shorts are a power play, not a market play.	[07:36]
mircea_popescu	and it is all as it should be : you aren't the ones in power for a very good reason.	[07:37]
mircea_popescu	that reason is that you suck, however packaged	[07:37]
mircea_popescu	that you're new, or clueless, or haven't done anything worth the mention.	[07:37]
tiberiusiv	fact is this, sdice has been around about 1 year now and is so "profitable" yet voorhees cant sell more shares.	[07:37]
mircea_popescu	power always concentrates in the hand of the elders, and the productive, and the smart.	[07:37]
tiberiusiv	same with mpex and its 30mil of notional contracts	[07:37]
mircea_popescu	you presume "can't".	[07:37]
tiberiusiv	yet nobody wants the shares in mass.	[07:37]
mircea_popescu	dude srsly.	[07:37]
tiberiusiv	however a verified business like cavirtex sells out in a few hours.	[07:38]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.74 = 2.22 BTC [+]	[07:38]
mircea_popescu	fiction is one thing, but you're veering into delusion.	[07:38]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.75 = 1.5 BTC [+]	[07:38]
mircea_popescu	!ticker m s.mpoe	[07:38]
assbot	[MPEX:S.MPOE] 1D: 0.00062546 / 0.000641 / 0.00066783 (305707 shares, 195.96 BTC), 7D: 0.00062546 / 0.00069767 / 0.00077505 (2232450 shares, 1,557.51 BTC), 30D: 0.00061614 / 0.00072244 / 0.00078628 (31470843 shares, 22,735.98 BTC)	[07:38]
mircea_popescu	!ticker havelock vtx	[07:38]
assbot	[HAVELOCK:VTX] 1D: 0.50000000 / 0.71964458 / 0.79900000 (408 shares, 293.61499054 BTC), 7D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC), 30D: 0.38280000 / 0.41994834 / 0.79900000 (11169 shares, 4690.40300358 BTC)	[07:38]
mircea_popescu	compare 22k to 4k btc.	[07:38]
mircea_popescu	do you get it now ?	[07:38]
mircea_popescu	and this was on their motherfucking ipo.	[07:38]
tiberiusiv	mircea: i am? you only need to dump 10-20% of your grossly overvalued shares to pocket millions	[07:38]
mircea_popescu	except i'm not doing it, because they're not overvalued.	[07:38]
tiberiusiv	virtex does a small % of volume compared to what you claim you do	[07:38]
mircea_popescu	i wouldn't sell my state in s.mpoe for 50mn usd in cash today.	[07:38]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.65508 BTC [-]	[07:39]
tiberiusiv	yea right	[07:39]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.6432 BTC [-]	[07:39]
mircea_popescu	yeah.	[07:39]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.63 BTC [-]	[07:39]
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mircea_popescu	if anything, i'm oversold. s.mpoe is on the long term worth more than jpm.	[07:39]
toffoo	quote of the day?	[07:39]
tiberiusiv	yea with all of its 1 unique asset	[07:39]
mircea_popescu	toffoo totally.	[07:39]
mircea_popescu	tiberiusiv it's unique asset is me.	[07:40]
toffoo	put it in your sig	[07:40]
mircea_popescu	jpm doesn't have a mp equivalent for the fiat space.	[07:40]
tiberiusiv	mp: yes the typical sociopathic quotes.	[07:40]
mircea_popescu	since morgan's unfortunate demise early 1900s	[07:40]
tiberiusiv	mp: and you being in one of the largest fraud centers of the world doesn't help your case either.	[07:41]
tiberiusiv	romania.	[07:41]
mircea_popescu	right, because this is thinking.	[07:41]
pigeons	jp, jr	[07:42]
tiberiusiv	mp: 10-20% of your shares get sold you pocket millions, on a business where nobody can verify actual activity on.	[07:42]
ChaangNoi	lol cuz he is in romania must be scam? facepalm	[07:42]
mircea_popescu	exactly.	[07:42]
tiberiusiv	anyone can bot up options trades.	[07:42]
mircea_popescu	this is btc.	[07:42]
mircea_popescu	the entire point of btc is that nobody can "verify".	[07:42]
ChaangNoi	im in thailand, i must be a lady boy right? lol	[07:42]
assbot	[BTCTC] [ASICMINER-PT] 4 @ 0.61 = 2.44 BTC [-]	[07:42]
mircea_popescu	which is all the better, let the wannabe "verificators" mind their own business.	[07:42]
assbot	[HAVELOCK] [VTX] 1 @ 0.66 BTC [-]	[07:43]
tiberiusiv	chaangnoi: thats why nby credible wants to list on his exchange, romania is internet fraud capital.	[07:43]
*	pigeons (~pigeons@249.69-48-199.rdns.scalabledns.com) has left #bitcoin-assets	[07:43]
mircea_popescu	and to be clear : tyhis isn't a "case" im making. this is a political statement.	[07:43]
tiberiusiv	yes another drawback	[07:43]
mircea_popescu	bitcoin is exactly about raping the sort of bs you're sprouting.	[07:43]
tiberiusiv	customers dont want to hear political statements.	[07:43]
mircea_popescu	i don't need to persuade you that btc is worth something, or that mpoe is worth someting.	[07:43]
ChaangNoi	lol there are reasons not to use his excahnge, being in romaina is not one of them	[07:43]
mircea_popescu	i'll justg mind my own business indefinitely and you come crawling whenever you're done lubing yourself up.	[07:44]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.63 BTC [+]	[07:44]
tiberiusiv	mircea: of course you will, you have no problem taking the slow and steady approach of selling worthless shares over a longer time period.	[07:44]
mircea_popescu	but the fact alone that the "mpoe is worthless" argument reduces to a "btc is worthless" defeated argument from 2011	[07:44]
tiberiusiv	why make 1mil when you can make 10	[07:44]
mircea_popescu	already is good enough.	[07:44]
tiberiusiv	btc code can be viewed by anyone	[07:44]
mircea_popescu	so ?	[07:45]
tiberiusiv	mpex cant be.	[07:45]
mircea_popescu	heh.	[07:45]
tiberiusiv	nobody knows how much of your supposed tens of millions in options is fake.	[07:45]
mircea_popescu	your argument cvhanged from "i can't verify the identity of users"	[07:45]
tiberiusiv	hence why you still own 90%	[07:45]
tiberiusiv	i never argued identify of users	[07:45]
tiberiusiv	users mean nothing.	[07:45]
mircea_popescu	...	[07:45]
tiberiusiv	nobody on here can verify ANY of the trades/volume mpex does.	[07:45]
mircea_popescu	nobody knows how much of your supposed tens of millions in options is fake. <<< IDENTITY OF USERS	[07:46]
mircea_popescu	think more. speak less.	[07:46]
tiberiusiv	hence why you still own 90% of the company	[07:46]
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tiberiusiv	i am thinking.	[07:46]
mircea_popescu	the only reason i own 88% of mpoe is tghat i didn't sell more.	[07:46]
mircea_popescu	if one day you actually read the statements you'll see it;'s been going down since 99.5% last year.	[07:47]
tiberiusiv	right same with voorhees	[07:47]
mircea_popescu	there's clear statements made as to plans, they've been followed, etc.	[07:47]
tiberiusiv	im not denying that	[07:47]
tiberiusiv	why wouldnt it be? you need suckers to pay the $	[07:47]
ChaangNoi	tiberiusiv sounds like you are jelly :/	[07:47]
mircea_popescu	yes dude. just like btc.	[07:47]
tiberiusiv	nobody issues btc	[07:47]
tiberiusiv	you issue mpex stock.	[07:47]
tiberiusiv	clear difference	[07:47]
mircea_popescu	that's done already.	[07:47]
tiberiusiv	btc can be auditied you cant be	[07:47]
ChaangNoi	if you dont like the stock dont buy it, how is that hard?	[07:48]
mircea_popescu	actually one of the main likely reasons mpoe is worth a lot is exactly that : btc has inflation	[07:48]
mircea_popescu	s.mpoe does not.	[07:48]
tiberiusiv	sure it does	[07:48]
mircea_popescu	so mpoe is becoming / became already the t-bills of btc.	[07:48]
tiberiusiv	the 88% of shares that havent been dumped yet	[07:48]
mircea_popescu	those are issued already.	[07:48]
tiberiusiv	they arent in the market	[07:48]
mircea_popescu	you're arguing both sides.	[07:48]
Namworld	that they are or not doesn't change the dividend per share...	[07:49]
mircea_popescu	if indeed they are worthless then yes they are in the market, burning a hole in my pockets.	[07:49]
tiberiusiv	you cant sell them becuase there is no bids yet, once you inflate the mpex earnings through faking nearly everything mpex related, bids(gullible idiots) will show up to pay you	[07:49]
mircea_popescu	sigh.	[07:49]
mircea_popescu	go harass google, seriously.	[07:49]
ChaangNoi	lol there are not 10 million bids for btc right now either, lol	[07:49]
ChaangNoi	btc must be a scam	[07:50]
mircea_popescu	just as soon as your corp reaches 50mn dollars valuation there's people with nothing in their pocket telling you how your capitalist way are scamming the world	[07:50]
tiberiusiv	btc is completely different	[07:50]
mircea_popescu	totally, yeah.	[07:50]
tiberiusiv	then a stock exchange listing worthless shares	[07:50]
tiberiusiv	of unverifiable companies	[07:50]
mircea_popescu	the emperor tiberius has accepted btc, but not mpoe, so this makes them different	[07:50]
tiberiusiv	anyone can verify BTC integrity	[07:50]
mircea_popescu	in relevant ways.	[07:50]
ChaangNoi	dont buy the stock if you dont like it, clearly someone lkes it	[07:50]
tiberiusiv	of course they do	[07:50]
mircea_popescu	short it for that matter	[07:50]
tiberiusiv	theres a gullible idiot born every minute	[07:50]
mircea_popescu	o wait no, he can't short it cause i have money.	[07:50]
mircea_popescu	and he doesn't.	[07:50]
mircea_popescu	but he's totally right.	[07:51]
tiberiusiv	he only needs to dump a small % to get filthy rich	[07:51]
tiberiusiv	and in romania, identities are sold by the cart load	[07:51]
ChaangNoi	in btc land stupid people get to do stupid things with their money, i love freedom	[07:51]
mircea_popescu	tiberiusiv seriously : if you had a clue you wouldn't be talkign, you would be showing.	[07:51]
ChaangNoi	tiberiusiv how many years have you spent in romania learning their ways?	[07:51]
tiberiusiv	chaangnoi: my good friend was from his city	[07:51]
tiberiusiv	timisoara	[07:52]
ChaangNoi	so you are an expert about all romanians?	[07:52]
mircea_popescu	ya, well, then he can prolly tell you all about how trilema was the most read romanian blog for years	[07:52]
mircea_popescu	since 2009 actually.	[07:52]
mircea_popescu	whatever happened to eskimobob incidentally ?	[07:54]
ChaangNoi	.75 seems to be the new AM pt price as a high	[07:55]
ChaangNoi	not shocked people are selling after the .1 was paid out	[07:55]
maximian	mircea_popescu I was wondering the same thing. eskimobob = tiberius?	[07:55]
mircea_popescu	maximian nah, im pretty sure they're different.	[07:55]
tiberiusiv	i dont know who that is	[07:55]
mircea_popescu	i mean, still the same 20 something aspirational kid, but eskimobob was kinda esl.	[07:55]
maximian	yeah, and he was more into muttering to himself	[07:56]
mircea_popescu	tiberiusiv the previous installment of "i won't read because i know better scammors!"	[07:56]
assbot	[MPEX] [S.MPOE] 6077 @ 0.00064056 = 3.8927 BTC [-]	[07:56]
assbot	[MPEX] [S.MPOE] 1823 @ 0.00063515 = 1.1579 BTC [-]	[07:56]
assbot	[HAVELOCK] [SDICE] 3 @ 0.452 = 1.356 BTC [-]	[07:57]
ChaangNoi	i did not buy s.dice cuz i think it was a long term investment, but im fine if others want to buy it,	[07:57]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.695 BTC [+]	[07:57]
ChaangNoi	bad*	[07:57]
tiberiusiv	chaangnoi: i dont care what others do with their $, both sdice and all the mp assets are shady as hell by anyone with 2 IQ points.	[07:58]
ChaangNoi	then do like me, and dont buy them	[07:58]
ChaangNoi	its not hard	[07:58]
Bowjob	hey mp, ur fuckup adria comp, its 1 person per shot	[07:58]
mircea_popescu	nah	[07:58]
Bowjob	k	[07:58]
ChaangNoi	why are you so butt hurt he found peopleto buy them?	[07:58]
mircea_popescu	can do as many as you please.	[07:58]
Bowjob	i found a a good idea	[07:58]
Bowjob	lol	[07:58]
tiberiusiv	chaangnoi: im not. just voicing an opinion	[07:58]
ChaangNoi	about romanians = scammers :)	[07:59]
tiberiusiv	if he gets away with it all the power to him, just like madoff victims have only themselves to blame	[07:59]
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mircea_popescu	...	[07:59]
tiberiusiv	chaangnoi: not all romanians are scammers but that area breeds a huge % of them per capita, not to mention all sorts of other criminals they scatter all around europe.	[07:59]
ChaangNoi	i love the freedom in btc land, people get to do what they want. mp is not forcing anyone to do anything	[08:00]
tiberiusiv	neither did madoff	[08:00]
mircea_popescu	nor serghey brin	[08:00]
ChaangNoi	you know.. using btc might be thought of as a crime... maybe mp is a crimanal too, after all did he register his exchange? bow down to the govt, lulz	[08:00]
mircea_popescu	how do you pick your examples ?	[08:00]
tiberiusiv	using btc is no different then using anything as money	[08:01]
ChaangNoi	did you pay sales tax when you use btc? you are crimanal too!	[08:01]
tiberiusiv	not to even bring up mp's rather disgusting/shady porn dealings	[08:01]
ChaangNoi	oh no! sex! must be criminal	[08:01]
tiberiusiv	pimping girls is another thing romanians are notorious for in europe	[08:01]
ChaangNoi	as long as there is concent why do you care?	[08:02]
mircea_popescu	o, i was wondering when we get to that line of nonsense.	[08:02]
tiberiusiv	romanian hookers are dirt cheap because its poor girls that are easy to take advantage of	[08:02]
tiberiusiv	they are sent all over EU by their handlers to top bidders	[08:02]
toffoo	I prefer the term "good value"	[08:03]
mircea_popescu	you know, the sad thing with this "community" or w/e it is is that naysayers are too stupid/lazy to make good arguments.	[08:03]
ChaangNoi	take advantage of, like giving them a job to make good money? yeah... lol they should just starve to death or the govt should hand them piles of money cuz whatever	[08:03]
mircea_popescu	they become trivially easy to defeat, much to the benefit of actual scams	[08:03]
mircea_popescu	if the girl weren't on the forum people like the bitbillions guy would probably have the run of it.	[08:03]
mircea_popescu	im getting sick of having to pay to show people how naysaying is done right	[08:03]
tiberiusiv	mircea you havent defeated any arguement	[08:03]
mircea_popescu	just to not have anyone actually learn anything out of it.	[08:03]
tiberiusiv!@	added to ignore list.	[08:04]
ChaangNoi	lol	[08:04]
ChaangNoi	freemarket	[08:04]
mircea_popescu	yeah.	[08:04]
mircea_popescu	mixed bag.	[08:04]
ChaangNoi	you are proving that to us very well	[08:05]
ChaangNoi	anyway im out for a while, good trading all	[08:05]
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assbot	[BTCTC] [PAJKA.BOND] 4 @ 0.10899 = 0.436 BTC [+]	[08:06]
Bowjob	;;ticker	[08:11]
gribble	BTCUSD ticker \| Best bid: 75.07007, Best ask: 75.88870, Bid-ask spread: 0.81863, Last trade: 75.07004, 24 hour volume: 81261.23957830, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.73248	[08:11]
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assbot	[BTCTC] [GSDPT] 100 @ 0.00447 = 0.447 BTC [+]	[08:17]
assbot	[BTCTC] [GSDPT] 61 @ 0.00448 = 0.2733 BTC [+]	[08:18]
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*	awkorama has quit (Quit: Leaving.)	[08:23]
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mircea_popescu	!ticker m ^oix	[08:25]
assbot	[MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 48.45538965 / 71.84497777 / 78.24284189 (49175 shares, 4,680.64 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)	[08:25]
Bowjob	;;ticker	[08:28]
gribble	BTCUSD ticker \| Best bid: 75.49001, Best ask: 75.58000, Bid-ask spread: 0.08999, Last trade: 75.49000, 24 hour volume: 81153.14011718, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.73700	[08:28]
mircea_popescu	Bowjob you got a reddit ?	[08:30]
Bowjob	a reddit account, yes	[08:30]
mircea_popescu	be a sport and put adria article up ?	[08:30]
mircea_popescu	need moar entrants wtf.	[08:30]
Bowjob	Umm.. I'd get killed if I post that there	[08:31]
mircea_popescu	haha ok	[08:31]
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mircea_popescu	gotta find someone with iron undies	[08:31]
Bowjob	lol	[08:32]
Bowjob	Fine, I'll post it.	[08:32]
mircea_popescu	eh don't ruin your life	[08:32]
Bowjob	I don't really post much there anyways,	[08:32]
mircea_popescu	just as long as you won't end up fired or something	[08:33]
Bowjob	"I've never seen a fire truck that needed to be shaved before. F"	[08:36]
Bowjob	Is this you?	[08:36]
mircea_popescu	nope	[08:36]
mircea_popescu	that sounds like a maddox quote	[08:36]
*	fishfish has quit (Ping timeout: 264 seconds)	[08:36]
mircea_popescu	where is it?	[08:36]
Bowjob	yes it is a maddox quote	[08:36]
Bowjob	on the thread duh	[08:37]
Bowjob	i think theres only 3 players so far	[08:37]
Bowjob	the last 3 are the same person trying to pretend as 3 people	[08:37]
mircea_popescu	o hey, there's stuff there!	[08:37]
Bowjob	duh	[08:37]
Bowjob	not the last 3, the last 3 before the last one	[08:37]
Bowjob	which is mine	[08:37]
mircea_popescu	lol cool	[08:37]
Bowjob	you should get more now, i posted it	[08:38]
mircea_popescu	link ?	[08:38]
Bowjob	http://www.reddit.com/r/Bitcoin/comments/1b11il/nsfw_photoshop_contest/	[08:38]
*	mircea_popescu puts on trollhat prepares trollcorn gets ready for comment flood	[08:38]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.73 = 1.46 BTC [+]	[08:38]
Bowjob	yeap	[08:38]
Bowjob	i enjoyed the short monopoly i had on the contest	[08:38]
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Bowjob	since the second pic does not depict rape, i would win all the prize lolz	[08:39]
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mircea_popescu	lol	[08:39]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [-]	[08:40]
mircea_popescu	http://25.media.tumblr.com/tumblr_lsnmeqaA1C1qgs2k5o1_400.jpg	[08:40]
Bowjob	on your article you misspelled photoshop	[08:41]
Bowjob	i doubt people would spot it tho	[08:41]
mircea_popescu	i did ?	[08:42]
Bowjob	you spelled it as photochop	[08:42]
mircea_popescu	did you see the later update ?	[08:42]
Bowjob	and not sure with the capital S in the middle	[08:42]
Bowjob	oh, i see	[08:43]
Bowjob	The article originally used the word “photochop	[08:43]
Bowjob	you know..	[08:43]
Bowjob	my teached back in hs, raised the same issue. The "correct" term is photo-edit	[08:44]
mircea_popescu	no it's not.	[08:44]
Bowjob	no one gave a shit and called it photoshopping anyway	[08:44]
mircea_popescu	photoshop. fuck adobe.	[08:44]
assbot	[BTCTC] [S.DICE-PT] 2 @ 0.00492 = 0.0098 BTC [+]	[08:44]
assbot	[BTCTC] [S.DICE-PT] 93 @ 0.00495 = 0.4604 BTC [+]	[08:44]
assbot	[BTCTC] [S.DICE-PT] 318 @ 0.00495 = 1.5741 BTC [+]	[08:44]
Bowjob	she told us to "get creative" if we couldnt afford photoshop	[08:44]
mircea_popescu	like... gimp ?	[08:44]
Bowjob	nah she was referring to piracy	[08:45]
mircea_popescu	heh	[08:45]
Bowjob	its been so many years now i forgot how to photoshop	[08:45]
Bowjob	i remember i recreated this pic	[08:46]
Bowjob	http://en.wikipedia.org/wiki/File:Voroshilov,_Molotov,_Stalin,_with_Nikolai_Yezhov.jpg	[08:46]
Bowjob	i made the dude on stalin's right disappear	[08:46]
Bowjob	http://en.wikipedia.org/wiki/File:The_Commissar_Vanishes_2.jpg	[08:46]
Bowjob	to that	[08:46]
mircea_popescu	haha	[08:47]
mircea_popescu	the soviets did that.	[08:47]
assbot	[MPEX] [S.MPOE] 4759 @ 0.00063515 = 3.0227 BTC [-]	[08:47]
Bowjob	i was wondering how the hell did they do that back then	[08:47]
Bowjob	photoshop.. 0.00001?	[08:47]
mircea_popescu	by hand	[08:47]
mircea_popescu	same way bills were forged	[08:47]
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Bowjob	looks legit, actually. considering the quality of photgraphs back then	[08:48]
mircea_popescu	yea	[08:48]
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Bowjob	here you go mp	[09:05]
Bowjob	http://polimedia.us/dtng/c/res/18679.html	[09:05]
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mircea_popescu	lmao	[09:08]
mircea_popescu	some of these are pretty bad too	[09:08]
Bowjob	the last one looks like you	[09:10]
Bowjob	lol	[09:10]
toffoo	i got all pumped up to win $750 bux .. then realized I don't have photoshop installed anymore	[09:10]
mircea_popescu	so get gimp	[09:10]
mircea_popescu	Bowjob no it doesn't, my cock is huger.	[09:10]
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Bowjob	ah, my bad	[09:11]
Bowjob	lol	[09:11]
Bowjob	these redditors downvoted my post, yet we got some new traffic	[09:11]
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Bowjob	its either from people here or redditors downvoted my post and joined your contest	[09:11]
Bowjob	adria looks like a human poodle	[09:12]
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Bowjob	mp. wheres that pic of buttcoin	[09:24]
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mircea_popescu	which one ?	[09:24]
mircea_popescu	""Rape is fun..."	[09:25]
mircea_popescu	That's not cool."	[09:25]
mircea_popescu	i recall this carlin bit, "according to 90% of participants, gangrape is great fun"	[09:25]
Bowjob	the one where mpoe-pr made this dude shove a pen up his ass	[09:25]
mircea_popescu	o	[09:26]
mircea_popescu	http://polimedia.us/dtng/c/res/17150.html	[09:26]
Bowjob	lol	[09:26]
Bowjob	ah, the power of buttcoins	[09:27]
mircea_popescu	"o, bitcoin is worthless because i can't buy anything with it"	[09:27]
toffoo	so I went on reddit to upvote your contest,	[09:27]
mircea_popescu	but then downvoted it insteadf	[09:28]
toffoo	and oh dear I didn't notice your favorite bitcoin spokesperson got some more free press again last friday:	[09:28]
Namworld	;;bids	[09:28]
gribble	(bids [--under] ) -- Calculate the amount of bitcoin demanded at or over . If '--under' option is given, find coins or at or under .	[09:28]
toffoo	http://www.guardian.co.uk/technology/video/2013/mar/22/bitcoin-currency-video	[09:28]
Namworld	;;bids 0	[09:28]
gribble	There are currently 36697167 bitcoins demanded at or over 0.0 USD, worth 8721857.08948 USD in total. \| Data vintage: 0.0167 seconds	[09:28]
toffoo	he plays the role of "squatter" so incredibly well	[09:28]
toffoo	i power laughed at this video	[09:29]
mircea_popescu	toffoo dub already mentioned it. it's funny how most of the guy's following consists of people surprised he's still alive.	[09:29]
toffoo	now that is grungy	[09:30]
toffoo	clearly that abandoned office block has no running shower	[09:30]
Bowjob	http://polimedia.us/dtng/c/src/136428266447.jpg	[09:30]
Bowjob	worst pic ever	[09:30]
mircea_popescu	lmao	[09:30]
mircea_popescu	somebody found my cock.	[09:30]
Bowjob	whoever did that, gratz. you've outdone me	[09:31]
Bowjob	mp, im pretty sure thats a vanilla pod	[09:31]
mircea_popescu	Bowjob :	[09:31]
mircea_popescu	;;google trilema pula mea	[09:31]
gribble	Cum se protesteaza corect - continuare ilustrativa pe Trilema - Un ...: ; Brigada Diverse in alerta pe Trilema - Un blog de Mircea Popescu.: ; Noi scrisori din Liliput pe Trilema - Un blog de Mircea Popescu.: (1 more message)	[09:31]
mircea_popescu	jesus	[09:31]
mircea_popescu	wtf is this so brojken	[09:31]
mircea_popescu	http://polimedia.us/trilema/2010/nsfw-pula-mea/	[09:31]
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Bowjob	Oh.. i see	[09:32]
Bowjob	lol	[09:32]
Bowjob	clever	[09:32]
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Bowjob	so its not a vanilla pod	[09:33]
mircea_popescu	no, it's my epeen	[09:33]
mircea_popescu	in 2010	[09:33]
Bowjob	did it grow these past 3 years	[09:34]
mircea_popescu	yeah	[09:35]
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assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]	[09:38]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]	[09:39]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]	[09:40]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.75 BTC [+]	[09:41]
assbot	[HAVELOCK] [VTX] 5 @ 0.75 = 3.75 BTC [+]	[09:43]
*	leotreasure has quit (Quit: leotreasure)	[09:44]
assbot	[BTCTC] [BASIC-MINING] 8 @ 0.34999 = 2.7999 BTC [+]	[09:49]
assbot	[BTCTC] [BTC-BOND] 1 @ 0.009993 BTC [-]	[09:55]
assbot	[BTCTC] [BTC-BOND] 22 @ 0.009994 = 0.2199 BTC [+]	[09:56]
assbot	[BTCTC] [BTC-BOND] 3 @ 0.009994 = 0.03 BTC [+]	[09:57]
assbot	[HAVELOCK] [VTX] 8 @ 0.75 = 6 BTC [+]	[09:59]
assbot	[BTCTC] [S.DICE-PT] 15 @ 0.00441 = 0.0662 BTC [-]	[09:59]
assbot	[BTCTC] [S.DICE-PT] 80 @ 0.00441 = 0.3528 BTC [-]	[09:59]
*	MJR_ has quit (Quit: MJR_)	[10:00]
jurov	hi mircea_popescu, when we can exppect bitbet payouts?	[10:02]
assbot	[BTCTC] [S.DICE-PT] 31 @ 0.0044 = 0.1364 BTC [-]	[10:02]
mircea_popescu	hm, anything pending?	[10:02]
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jurov	http://bitbet.us/bet/39/network-difficulty-under-6-million/ and at least 2 similar	[10:04]
jurov	no the ohers are for 12 and 20 million, they better wait	[10:05]
mircea_popescu	ah. presently.	[10:06]
assbot	[BTCTC] [GSDPT] 7 @ 0.00414 = 0.029 BTC [-]	[10:07]
jurov	who has done them? if you did, do you plan to create new ones?	[10:07]
assbot	[BTCTC] [GSDPT] 14 @ 0.00413 = 0.0578 BTC [-]	[10:08]
mircea_popescu	i didn't do them	[10:08]
mircea_popescu	but prolly a good idea for such bets anyway	[10:08]
mircea_popescu	also : introducing the reverse mpex http://mpex.co/?r=1	[10:08]
jurov	haha looks even more like 1995	[10:09]
mircea_popescu	:D	[10:09]
Bowjob	it looks good for nighttime trading	[10:11]
Bowjob	but..	[10:11]
Bowjob	the dark blue hurts	[10:11]
mircea_popescu	hm	[10:12]
Bowjob	perhaps switch to yellow, ala bestpageinteuniverse?	[10:12]
mircea_popescu	lol	[10:12]
mircea_popescu	maybe baby blue ?	[10:12]
*	farfi (~farfi@77.125.123.214) has joined #bitcoin-assets	[10:13]
jurov	or green	[10:14]
jurov	to support bullish mood	[10:15]
mircea_popescu	green'd be an idea lessee	[10:15]
assbot	[MPEX] [O.BTCUSD.C750T] 1000 @ 0.0689697 = 68.9697 BTC [-]	[10:16]
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toffoo	looks like bloomberg!	[10:16]
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mircea_popescu	http://mpex.co/?r=1 bettar ?	[10:18]
Bowjob	yeap	[10:18]
Bowjob	the only prob is	[10:18]
Bowjob	it hurts us when we switch from mpex to irc	[10:19]
mircea_popescu	lol ok	[10:19]
Bowjob	its a meta prob, nothing to do with site	[10:19]
Namworld	Hmm... did you process two deposit for me mircea? I get confused with all the buying/selling	[10:19]
Bowjob	since our eyes would get used to it	[10:19]
jurov	Bowjob, ur irc client doesn't have dark skin?	[10:19]
Bowjob	irc?	[10:19]
Namworld	I've been doing	[10:19]
Namworld	urgh...	[10:19]
Bowjob	i dunno how to do that	[10:19]
Namworld	Hmm...	[10:19]
Bowjob	;;darkskin	[10:19]
Namworld	Yeah, looks like it.	[10:19]
gribble	Error: "darkskin" is not a valid command.	[10:19]
Bowjob	;;help	[10:19]
gribble	The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/	[10:19]
jurov	don't think gribble can do it... he seems caucasian	[10:20]
*	mircea_popescu looks	[10:21]
mircea_popescu	nothing pending.	[10:22]
Namworld	Yeah, looks like it was processed	[10:22]
Namworld	Looking at the list of sales/purchases on my command line, seems like my two deposits are in there now.	[10:23]
assbot	[MPEX] [S.MPOE] 3800 @ 0.00063515 = 2.4136 BTC [-]	[10:24]
Namworld	Price looks on the rise. I got some calls. I'm all good.	[10:25]
jurov	Namworld, which client are you using? pympex logs by default now	[10:26]
Bowjob	;;ticker	[10:27]
gribble	BTCUSD ticker \| Best bid: 76.21001, Best ask: 76.50000, Bid-ask spread: 0.28999, Last trade: 76.50000, 24 hour volume: 81138.77068508, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.80606	[10:27]
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Namworld	windows old client	[10:28]
Namworld	I guess	[10:29]
Namworld	Is the latest pympex ported to windows yet?	[10:29]
Namworld	Does that mean it calculates deposits and transactions appearing on stats now?	[10:30]
jurov	no it just does some calculation on new orders	[10:31]
Namworld	ah	[10:32]
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jurov	dunno why it's such a problem with win... anyone tried the dotnet one?	[10:35]
jurov	ironpython or however they call it	[10:35]
Namworld	;;bids 0	[10:36]
gribble	There are currently 36702157 bitcoins demanded at or over 0.0 USD, worth 8834463.93001 USD in total. \| Data vintage: 0.0180 seconds	[10:36]
Namworld	We're getting closer to 9 million USD in bids	[10:36]
jurov	but it's a bit meaningless. maybe gribble could say "but there are only 11m btc in circulation so if they sold then..."	[10:38]
jurov	;;sell 11000000	[10:38]
gribble	(sell [at\|@] []) -- Logs a sell order for units of per unit, in units of . Use the optional field to put in any special notes. may include an arithmetical expression, and {mtgox(ask\|bid\|last)} to index price to mtgox ask, bid, or last price. May also include expression of (1 more message)	[10:38]
jurov	;;market sell 11000000	[10:39]
gribble	A market order to sell 11000000 bitcoins right now would net 8836647.0718 USD and would take the last price down to 0.0000 USD, resulting in an average price of 0.8033 USD/BTC. \| Data vintage: 0.0160 seconds	[10:39]
Namworld	8834463.93001 vs 8836647.0718 hmm...	[10:39]
jurov	ic	[10:39]
Namworld	I guess bids increased again... but anyway	[10:39]
Bowjob	;;ticker	[10:40]
gribble	BTCUSD ticker \| Best bid: 76.46001, Best ask: 76.50000, Bid-ask spread: 0.03999, Last trade: 76.50000, 24 hour volume: 81081.40171129, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.81300	[10:40]
Namworld	It's just an very, very general estimation of funds on MtGox. There's still the USD standing idle/not on bids	[10:40]
assbot	[MPEX] [S.MPOE] 7950 @ 0.00064816 = 5.1529 BTC [+]	[10:40]
Namworld	You know there's at least as much USD as the bids.	[10:40]
jurov	yes it's impressive anyway	[10:42]
Namworld	Well it's ridiculous as far as I care.	[10:43]
Namworld	Well true enough	[10:46]
Namworld	Well it tend to flow a certain way...	[10:47]
Namworld	Ex: public -> SatoshiDice	[10:48]
Namworld	They took over 65k so far...	[10:50]
Namworld	Well if everyone just keeps their Bitcoins forever... there's going to be some issues	[10:51]
Namworld	Well I'd also get part of that...	[10:52]
Namworld	as long as people spend it...	[10:52]
Bowjob	tiber your math is way off	[10:53]
Bowjob	go back excuses	[10:53]
Namworld	I don't say they have to spend it...	[10:54]
Namworld	;;bids 0	[10:55]
gribble	There are currently 36703203 bitcoins demanded at or over 0.0 USD, worth 8908860.95577 USD in total. \| Data vintage: 0.0174 seconds	[10:55]
Namworld	8.908 million... still increasing	[10:55]
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Namworld	Well actually it probably went down because BTC increased in USD. And people want to gamble at max X USD	[10:57]
Namworld	or put x% of their income into gambling	[10:57]
Namworld	and since that's in USD...	[10:57]
Namworld	Of course	[10:57]
Namworld	USD wise however, SD is making gains	[10:57]
Namworld	When I make a BTC investment, I can find out holding BTC might have been better.	[10:58]
Namworld	But as long as in fiat it increases instead, it's not a complete loss.	[10:58]
Namworld	It's just worse than holding BTC	[10:58]
Namworld	yeah, that too	[10:58]
assbot	[BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]	[10:59]
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Chaang-Noi	;;asks 77	[11:01]
gribble	There are currently 0 bitcoins offered at or under 77.0 USD, worth 0.0 USD in total. \| Data vintage: 0.0017 seconds	[11:01]
Chaang-Noi	;;asks 78	[11:01]
gribble	There are currently 2228.4083 bitcoins offered at or under 78.0 USD, worth 173045.230736 USD in total. \| Data vintage: 7.1586 seconds	[11:01]
Bowjob	;;ticker	[11:02]
gribble	BTCUSD ticker \| Best bid: 76.77701, Best ask: 77.19000, Bid-ask spread: 0.41299, Last trade: 77.19000, 24 hour volume: 81058.63736284, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 74.89676	[11:02]
Bowjob	mhm	[11:02]
Chaang-Noi	large spread	[11:02]
Namworld	yeah	[11:03]
Namworld	But price going up	[11:03]
Namworld	slowly	[11:03]
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Namworld	http://bitcoin.clarkmoody.com/	[11:04]
assbot	[BTCTC] [ASICMINER-PT] 4 @ 0.75 = 3 BTC [+]	[11:04]
Namworld	The hourly chart says crazy movements	[11:05]
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Chaang-Noi	i think the claim of 50 million to be a bit high myself	[11:07]
Chaang-Noi	but if he can sell it at that good for him	[11:07]
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Chaang-Noi	he can sell some at the price	[11:07]
Namworld	tiberius: $10k traded on a good day? That's WAY under...	[11:07]
Chaang-Noi	better to sell 10% at 10,000 than 100% at 1,000	[11:08]
Namworld	There's more than $10k traded daily =/	[11:09]
Chaang-Noi	i would agree but there is nothing wrong with mp selling it for that price	[11:10]
Chaang-Noi	freemarket	[11:10]
Chaang-Noi	ok	[11:10]
Chaang-Noi	but the thing is, mp found some people to buy it, 12%	[11:10]
Chaang-Noi	its funny until you see he sold 12%	[11:10]
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Chaang-Noi	yup, i tip my hat to mp for finding so many	[11:11]
Chaang-Noi	mp is doing it honestly (i assume)	[11:11]
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Chaang-Noi	turns out he was not (i assume)	[11:12]
Chaang-Noi	but you cant call mp a scammer if you dont know :/	[11:12]
Chaang-Noi	there you go then:)	[11:12]
*	Schadenfreude (~m@178.115.251.10.wireless.dyn.drei.com) has joined #bitcoin-assets	[11:13]
Chaang-Noi	but it is backed up by 12% sales	[11:13]
Chaang-Noi	then dont invest, are you trying to convert people?	[11:13]
Chaang-Noi	i dont use his exchange or buy his stuff cuz i think it is way overvalued, if you are trying to convert me you are wasting your time	[11:14]
Chaang-Noi	well, if he can sell it might as well eh?	[11:14]
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Chaang-Noi	if i were him id do it too	[11:14]
Chaang-Noi	well, im sure he sold some	[11:14]
Chaang-Noi	well im off to do some real work, you should really do the same, point out how sucessful mp is is not really a good use of your time.	[11:15]
Chaang-Noi	freemarket captalizum,	[11:16]
Chaang-Noi	gota love it	[11:16]
dub	thank you for imparting this knowledge tiberiusiv	[11:16]
Namworld	So you claim trades on MPEx are fake?	[11:19]
Namworld	well inflated at least	[11:19]
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Chaang-Noi	i dont have a sweatshop, only because i have more profitable things to do with my limited time	[11:25]
Chaang-Noi	oh lol	[11:26]
Chaang-Noi	you must be new here	[11:26]
Chaang-Noi	i have not "worked" in over a year and even that "work" was "teaching" at a university	[11:27]
Chaang-Noi	;;asks 78	[11:27]
gribble	There are currently 2117.1272 bitcoins offered at or under 78.0 USD, worth 164451.6758 USD in total. \| Data vintage: 105.3837 seconds	[11:28]
Chaang-Noi	;;asks 80	[11:28]
gribble	There are currently 8048.9544 bitcoins offered at or under 80.0 USD, worth 637161.672751 USD in total. \| Data vintage: 109.1166 seconds	[11:28]
Chaang-Noi	yeah, it is pretty awesome	[11:29]
Namworld	[05:19] namworld: always be weary of someone who has a vested interest in selling you something	[11:29]
Namworld	I don't typically buy S.MPOE but thanks anyway for the advice	[11:30]
Namworld	I get S.DICE mostly. and Options	[11:30]
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assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]	[11:35]
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MJR_	hi all	[11:45]
Namworld	hello	[11:46]
MJR_	whats new	[11:46]
Namworld	not much	[11:46]
Namworld	BTC on the up	[11:46]
MJR_	hmmm, i think we may see a dip	[11:46]
Namworld	why?	[11:47]
MJR_	just the depth of the book	[11:47]
MJR_	the buy side looks thin	[11:47]
MJR_	which is pretty rare	[11:47]
Namworld	not at all. Been like taht all day	[11:47]
Namworld	and still moving forward	[11:47]
MJR_	i mean in general it is usually a monster buy side with thing supply	[11:48]
Chaang-Noi	1 million sales of btc drops it down to 72	[11:48]
Namworld	asks are almost just as thin	[11:48]
Chaang-Noi	but i think we are going up, new ath soon	[11:48]
MJR_	yeah its pretty thin trading altogether	[11:48]
mircea_popescu	market a little exhausted	[11:48]
MJR_	well, yeah, i mean before 9	[11:48]
mircea_popescu	excitement doesn't last.	[11:48]
MJR_	i think the market is exhausted	[11:48]
MJR_	and i'm thinking of trying to ride it from 77.50 to 74	[11:48]
Chaang-Noi	when did coinlab come online?	[11:49]
mircea_popescu	this is what naturally wrecks ponzis	[11:49]
mircea_popescu	after sustained rise there's some flagging and that causes a panic	[11:49]
MJR_	yeah	[11:49]
Namworld	http://www.bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png	[11:49]
MJR_	i'm thinking that if i can short it here...hopefully there is a sell off and i can buy back in for more	[11:49]
Namworld	after the saturday crash, bids are getting back in the orderbook	[11:50]
Namworld	Bids outweight asks by now	[11:50]
MJR_	yeah...	[11:50]
Namworld	Anyway	[11:50]
MJR_	but 250 coins to move to 77 1250 to move to 78	[11:50]
Chaang-Noi	wall at 77.5 wont hold	[11:50]
Namworld	on such a small scale, that's insignificant	[11:51]
MJR_	5 to 1 pushing down	[11:51]
mircea_popescu	risk shorting btc tho	[11:51]
Namworld	http://bitcoin.clarkmoody.com/	[11:51]
MJR_	lol, yeah, it is tough	[11:51]
Namworld	Look at hourly	[11:51]
MJR_	and when trading high margin...you want very short scale	[11:51]
MJR_	clark moody always breaks for me	[11:51]
MJR_	using bitcoininty.org	[11:51]
Chaang-Noi	;;asks 77.5	[11:51]
gribble	There are currently 194.56549 bitcoins offered at or under 77.5 USD, worth 15078.825151 USD in total. \| Data vintage: 0.0017 seconds	[11:51]
Namworld	we're basically raising at about the same speed as before the crash	[11:52]
*	cads is now known as ShigeruMasamoto	[11:52]
Namworld	asks are slowly getting eaten too	[11:52]
Chaang-Noi	wall gone, now to test the ath	[11:52]
Chaang-Noi	;;asks 78	[11:53]
gribble	There are currently 1462.6683 bitcoins offered at or under 78.0 USD, worth 113828.206504 USD in total. \| Data vintage: 94.5324 seconds	[11:53]
Chaang-Noi	lol at gox fail	[11:53]
MJR_	;;goxlag	[11:54]
gribble	0 seconds	[11:54]
MJR_	this is my first bitcoin short	[11:54]
Chaang-Noi	hmm	[11:54]
MJR_	and again, i think we may hit an ath today, i just think we will dip a couple of bucks first	[11:55]
MJR_	and then i reverse position	[11:55]
Namworld	ain't sure bout that short	[11:55]
Namworld	but anyway	[11:55]
mircea_popescu	disagreement is the measure of healthy martket.	[11:55]
MJR_	yeah	[11:55]
MJR_	we'll see, i have my finger on the cover button	[11:55]
mircea_popescu	when you all agree i go the other way	[11:55]
mircea_popescu	when you disagree i go play path of exile	[11:56]
Namworld	I'm out for now anyway	[11:56]
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dub	yall nigras see this	[11:57]
dub	www.labsnovo.com?	[11:57]
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MJR_	well i got my trailing stop in place	[11:58]
MJR_	we will see	[11:58]
MJR_	there we go]	[12:01]
MJR_	i think it really doesn't take much to burst mt gox to 60 second plus lag	[12:03]
Chaang-Noi	wow big sell then big buy	[12:03]
MJR_	i know	[12:03]
*	ShigeruMasamoto is now known as cads	[12:03]
MJR_	unfortunately this software is just now realizing the sell, there is lag from gox, then lag to the charts, then lag to bitfinex	[12:04]
MJR_	and for the pleasure of seeing things happening minutes after they actually happen i pay ridiculous fees... :(	[12:04]
Chaang-Noi	all the asks and bids were taken out so we should see some crazy movements	[12:04]
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MJR_	yes	[12:05]
MJR_	90 coins puts under 77	[12:05]
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MJR_	310 for 76	[12:05]
MJR_	there it goes again	[12:06]
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Chaang-Noi	;;asks 78	[12:10]
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MJR_	ffs big spread	[12:14]
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Chaang-Noi	yeah	[12:15]
Chaang-Noi	i wanted to see a new ath :/	[12:15]
MJR_	you probably will today	[12:17]
MJR_	but hopefully not before we hit 76	[12:17]
MJR_	what is with this mini wall at 76.68	[12:17]
error4733	;;ticker	[12:17]
gribble	BTCUSD ticker \| Best bid: 76.68630, Best ask: 77.58899, Bid-ask spread: 0.90269, Last trade: 76.68630, 24 hour volume: 82045.91053246, 24 hour low: 71.52122, 24 hour high: 78.00000, 24 hour vwap: 75.03512	[12:18]
error4733	;;goxlag	[12:18]
gribble	0.468706 seconds	[12:18]
MJR_	lol they just keep widening this gap	[12:19]
mircea_popescu	;;later tell toffoo https://bitcointalk.org/index.php?topic=158780.0	[12:21]
gribble	The operation succeeded.	[12:21]
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ChaangNoi	test	[12:32]
Chaang-Noi	hmm	[12:32]
Namworld	dub: copyright 2012-2013?	[12:32]
MJR_	whatcha testing?	[12:32]
Chaang-Noi	new laptop	[12:32]
Namworld	registered 10 days ago...	[12:32]
dub	yeah its scammy as fuck	[12:33]
dub	https://bitcointalk.org/index.php?topic=155896	[12:34]
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deadweasel	;;ticker	[12:54]
gribble	BTCUSD ticker \| Best bid: 77.00003, Best ask: 77.03400, Bid-ask spread: 0.03397, Last trade: 77.00002, 24 hour volume: 81960.22119000, 24 hour low: 71.55001, 24 hour high: 78.00000, 24 hour vwap: 75.09242	[12:54]
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assbot	[BTCTC] [GSDPT] 14 @ 0.00449 = 0.0629 BTC [+]	[13:06]
assbot	[MPEX] [S.DICE] 304 @ 0.00449999 = 1.368 BTC [-]	[13:11]
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Chaang-Noi	78 still holds	[13:18]
Chaang-Noi	booo	[13:18]
*	ChaangNoi has quit (Ping timeout: 245 seconds)	[13:22]
MJR_	this trading platform is such fucking bullshit	[13:23]
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Namworld	the wall doesn't keep price from rising tho	[13:27]
MJR_	yeah	[13:28]
MJR_	true	[13:28]
Chaang-Noi	77.77	[13:29]
Chaang-Noi	really 77.777	[13:29]
MJR_	lucky	[13:29]
assbot	[HAVELOCK] [VTX] 3 @ 0.7 = 2.1 BTC [-]	[13:30]
Namworld	I'm feeling lucky today	[13:30]
Namworld	More 7s	[13:30]
Chaang-Noi	;;asks 79.99	[13:30]
gribble	There are currently 4330.0318 bitcoins offered at or under 79.99 USD, worth 343548.746816 USD in total. \| Data vintage: 0.0041 seconds	[13:30]
kakobrekla	MJR_ you mean all of them?	[13:30]
Chaang-Noi	we keepgetting close, but cant reach 78 lol	[13:31]
Namworld	Without that wall to intimidate, there's like nothing until 100... very light slope	[13:31]
Chaang-Noi	sells will come in...	[13:32]
Chaang-Noi	;;asks 99.99	[13:32]
gribble	There are currently 39920.895 bitcoins offered at or under 99.99 USD, worth 3454701.99447 USD in total. \| Data vintage: 96.3542 seconds	[13:32]
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MJR_	;;goxlag	[13:34]
gribble	90.205895 seconds	[13:34]
Namworld	whut	[13:34]
Namworld	;;goxlag	[13:34]
gribble	95.695534 seconds	[13:34]
Namworld	...	[13:34]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]	[13:34]
kakobrekla	86$ high on stamp	[13:34]
kakobrekla	just now	[13:34]
Chaang-Noi	btc hit 100 https://bitcointalk.org/index.php?topic=85687.msg1678821#msg1678821	[13:35]
Chaang-Noi	on stamp	[13:36]
Chaang-Noi	pretty bullish if they will pay 33% more than gox	[13:36]
assbot	[MPEX] [S.MPOE] 4550 @ 0.00063865 = 2.9059 BTC [-]	[13:37]
kakobrekla	you mean this	[13:37]
kakobrekla	?	[13:37]
kakobrekla	http://shrani.si/f/3V/sH/2APFuyCb/lol.png	[13:37]
kakobrekla	was a while ago	[13:37]
kakobrekla	but its not 100	[13:37]
kakobrekla	its just	[13:37]
kakobrekla	they are plain idiots	[13:37]
kakobrekla	and they put 100 in the book first, then execute the asks	[13:37]
Chaang-Noi	lol	[13:38]
Chaang-Noi	still some sold at 100 right?	[13:38]
kakobrekla	not on stamp	[13:38]
kakobrekla	Day's range:	[13:38]
kakobrekla	$74.30 - $86.00	[13:38]
Chaang-Noi	this was yesterday i think	[13:39]
Chaang-Noi	day old photo	[13:39]
kakobrekla	ah	[13:39]
Chaang-Noi	anyay someone seems to be messing with the market at 77.777	[13:39]
MJR_	hmmm	[13:40]
MJR_	seems like a good range	[13:40]
MJR_	wasn't sure if we would break 80	[13:40]
MJR_	but not that high of a wall really	[13:40]
assbot	[HAVELOCK] [VTX] 1 @ 0.665 BTC [-]	[13:42]
Chaang-Noi	77.95 again	[13:42]
assbot	[HAVELOCK] [VTX] 3 @ 0.58 = 1.74 BTC [-]	[13:43]
assbot	[HAVELOCK] [KCIM] 2 @ 1.016 = 2.032 BTC [-]	[13:44]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]	[13:44]
assbot	[HAVELOCK] [KCIM] 1 @ 1.015 BTC [-]	[13:45]
MJR_	;;goxlag	[13:45]
gribble	0 seconds	[13:45]
*	fishfish (~fishfish2@109.238.67.130) has joined #bitcoin-assets	[13:45]
*	daybyter (~andreas@88-134-89-136-dynip.superkabel.de) has joined #bitcoin-assets	[13:48]
Namworld	78 almost breached...	[13:50]
Namworld	go BTC	[13:50]
*	TradeFortress has quit (Ping timeout: 272 seconds)	[13:54]
*	guruvan has quit (Ping timeout: 276 seconds)	[13:58]
*	guruvan_ is now known as guruvan	[13:58]
assbot	[HAVELOCK] [KCIM] 1 @ 1.01 BTC [-]	[13:59]
assbot	[HAVELOCK] [KCIM] 2 @ 1.001 = 2.002 BTC [-]	[14:00]
ThickAsThieves	;;goxlag	[14:04]
gribble	0.101416 seconds	[14:04]
ThickAsThieves	;;ticker	[14:04]
gribble	BTCUSD ticker \| Best bid: 77.50101, Best ask: 77.77699, Bid-ask spread: 0.27598, Last trade: 77.77699, 24 hour volume: 81032.30957756, 24 hour low: 71.89779, 24 hour high: 78.00000, 24 hour vwap: 75.25893	[14:04]
*	guruvan- (~guruvan@gateway/tor-sasl/guruvan) has joined #bitcoin-assets	[14:04]
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assbot	[MPEX] [O.BTCUSD.C690T] 5 @ 0.12930638 = 0.6465 BTC [+]	[14:06]
*	fishfish has quit (Quit: Zzzzz..zzzzz)	[14:07]
MJR_	here we go	[14:09]
MJR_	NATH by 9:30	[14:09]
*	MJR_ has quit ()	[14:10]
Chaang-Noi	78	[14:11]
Namworld	yeehaa	[14:11]
*	topace (~kvirc@ottawa-hs-69-20-234-37.s-ip.magma.ca) has joined #bitcoin-assets	[14:13]
*	topace is now known as Guest982	[14:13]
Chaang-Noi	127 sold at 78	[14:14]
*	Bugpowder (~Bugpowder@pool-71-171-106-2.clppva.fios.verizon.net) has joined #bitcoin-assets	[14:14]
Chaang-Noi	;;asks 78	[14:14]
assbot	[BTCTC] [S.DICE-PT] 1 @ 0.00499 BTC [+]	[14:14]
gribble	There are currently 520.72291 bitcoins offered at or under 78.0 USD, worth 40616.3866223 USD in total. \| Data vintage: 0.0013 seconds	[14:14]
Chaang-Noi	a bit of a wall then	[14:14]
Chaang-Noi	and its gone	[14:18]
Namworld	;;asks 78.01	[14:18]
gribble	There are currently 146.47185 bitcoins offered at or under 78.01 USD, worth 11424.8039147 USD in total. \| Data vintage: 103.6015 seconds	[14:18]
Chaang-Noi	new ath	[14:18]
Chaang-Noi	;;asks 78.01	[14:19]
gribble	There are currently 0 bitcoins offered at or under 78.01 USD, worth 0.0 USD in total. \| Data vintage: 0.0015 seconds	[14:19]
Chaang-Noi	here comes 80	[14:19]
Namworld	guy is going to get his wall eaten...	[14:19]
deadweasel	;;calc 18000*80	[14:20]
gribble	1440000	[14:20]
Namworld	yeah, why not	[14:20]
deadweasel	maybe he'll drop the wall and buy in at market.	[14:20]
Chaang-Noi	lol	[14:22]
ThickAsThieves	79	[14:23]
deadweasel	;;goxlag	[14:23]
gribble	0 seconds	[14:23]
deadweasel	;;ticker	[14:23]
gribble	BTCUSD ticker \| Best bid: 78.40001, Best ask: 79.00000, Bid-ask spread: 0.59999, Last trade: 79.00000, 24 hour volume: 82470.81706976, 24 hour low: 71.89779, 24 hour high: 79.00000, 24 hour vwap: 75.34531	[14:23]
Namworld	large wall removeds	[14:23]
Namworld	removed*	[14:23]
Namworld	back...	[14:24]
deadweasel	lol, now he's getting market bids in.	[14:24]
ThickAsThieves	here we goooooo	[14:24]
ThickAsThieves	79.70	[14:24]
*	Bugpowder has quit (Remote host closed the connection)	[14:24]
Namworld	HOLY SHIT	[14:24]
Namworld	Stop it people >.>	[14:24]
Diablo-D3	!ticker	[14:24]
assbot	I haven't understood a single word you've said since I met you, not one single word.	[14:24]
ThickAsThieves	watch gox freeze now	[14:24]
*	[\]_g has quit (Ping timeout: 252 seconds)	[14:24]
Diablo-D3	;;ticker	[14:24]
gribble	BTCUSD ticker \| Best bid: 78.38000, Best ask: 79.58766, Bid-ask spread: 1.20766, Last trade: 79.50000, 24 hour volume: 82500.26463872, 24 hour low: 71.89779, 24 hour high: 79.04992, 24 hour vwap: 75.35045	[14:24]
Diablo-D3	THE FUCK	[14:24]
ThickAsThieves	just some lil walls	[14:25]
Chaang-Noi	its a big ass wall	[14:25]
ThickAsThieves	thatll drop	[14:25]
Chaang-Noi	but... lets see if it stands	[14:25]
ThickAsThieves	he's got a buffer wall	[14:25]
*	fishfish (~fishfish2@109.238.67.130) has joined #bitcoin-assets	[14:26]
Namworld	wall dropped	[14:26]
Chaang-Noi	it did, still there but much less	[14:27]
Chaang-Noi	;;asks 80	[14:27]
gribble	There are currently 3554.2802 bitcoins offered at or under 80.0 USD, worth 284165.021183 USD in total. \| Data vintage: 55.1147 seconds	[14:27]
Chaang-Noi	in fucking sane	[14:27]
assbot	[BTCTC] [BASIC-MINING] 2 @ 0.34999 = 0.7 BTC [+]	[14:28]
Chaang-Noi	;;asks 80	[14:29]
gribble	There are currently 3808.2111 bitcoins offered at or under 80.0 USD, worth 304401.035789 USD in total. \| Data vintage: 26.4863 seconds	[14:29]
Chaang-Noi	that wont hold, usa is starting to wake up and buy...	[14:30]
Namworld	Good, good.	[14:31]
ThickAsThieves	;;estimate	[14:32]
gribble	Next difficulty estimate \| 6881519.95343 based on data since last change \| 7299527.825 based on data for last three days	[14:32]
Namworld	urgh	[14:33]
Namworld	There's no options available on MPEx	[14:34]
Chaang-Noi	:)	[14:36]
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*	GigicaViteazu (~Alin@85.9.59.86) has joined #bitcoin-assets	[14:36]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]	[14:37]
ThickAsThieves	whats up with that	[14:39]
Namworld	No idea	[14:40]
Namworld	Anyone with his options already purchased must be quite happy	[14:40]
Namworld	They're back at last	[14:41]
*	interesting (442c8a5e@gateway/web/freenode/ip.68.44.138.94) has joined #bitcoin-assets	[14:41]
Namworld	At a premium on the call side... average increased	[14:41]
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*	ll_ has quit (Ping timeout: 252 seconds)	[14:43]
assbot	[MPEX] [S.MPOE] 9900 @ 0.00064816 = 6.4168 BTC [+]	[14:43]
mircea_popescu	$depth o.btcusd.c750t	[14:43]
mpexbot	mircea_popescu: O.BTCUSD.C750T Bids: ['1000 @ 0.06090229']	[14:44]
mpexbot	mircea_popescu: Asks: ['1000 @ 0.09287598', '1000 @ 0.25']	[14:44]
assbot	[HAVELOCK] [SDICE] 2 @ 0.454 = 0.908 BTC [+]	[14:44]
assbot	[HAVELOCK] [SDICE] 6 @ 0.453 = 2.718 BTC [-]	[14:44]
mircea_popescu	about there neh ?	[14:44]
ThickAsThieves	too spensive!	[14:44]
Namworld	yeah	[14:44]
mircea_popescu	!last m o.btcusd.c750t	[14:44]
assbot	Last trade for O.BTCUSD.C750T on MPEX was at 0.0689697 BTC [-]	[14:44]
Namworld	I think that was me buying	[14:44]
assbot	[HAVELOCK] [HIM] 2 @ 1.501 = 3.002 BTC [+]	[14:45]
assbot	[HAVELOCK] [HIM] 2 @ 1.5 = 3 BTC [-]	[14:45]
assbot	[HAVELOCK] [HIM] 1 @ 1.5 BTC [-]	[14:45]
Namworld	Yup, was me buying	[14:45]
Namworld	A little 1000 options	[14:45]
*	Thinker_ (~Thinker~@cpe-24-59-184-164.twcny.res.rr.com) has joined #bitcoin-assets	[14:45]
assbot	[HAVELOCK] [HIM] 2 @ 1.4925 = 2.985 BTC [-]	[14:46]
mircea_popescu	i thought mpex trades are all fake and shit.	[14:46]
Thinker_	why was the most recent ASICMINER dividend so low?	[14:47]
Namworld	Thinker_: ?	[14:47]
ThickAsThieves	it was a bonus	[14:47]
mircea_popescu	meanwhile on twitter "UK's online gambling sector worth £2bn in 2012"	[14:47]
Thinker_	ThickAsThieves: ok good	[14:47]
ThickAsThieves	but the next WILL be low	[14:47]
Thinker_	ThickAsThieves: why?	[14:47]
ThickAsThieves	read about what you bought	[14:47]
assbot	[HAVELOCK] [HIM] 2 @ 1.49 = 2.98 BTC [-]	[14:48]
ThickAsThieves	til now the company has not been paying themselves	[14:48]
ThickAsThieves	this week they start	[14:48]
Namworld	ASICMINER is for 50% of the company. But they pay back IPO price to shares sold.	[14:48]
Thinker_	ThickAsThieves: interesting. Where are you getting this news? I am not getting any announcements like this from BitFunder.com	[14:48]
Namworld	So for the first weeks it was 100%	[14:48]
assbot	[HAVELOCK] [HIM] 1 @ 1.45 BTC [-]	[14:49]
ThickAsThieves	bitfunder is a passthru for AM	[14:49]
ThickAsThieves	not a source	[14:49]
Thinker_	AM?	[14:49]
Thinker_	nm	[14:49]
MJR_	ATH	[14:49]
ThickAsThieves	here you go	[14:49]
ThickAsThieves	https://bitcointalk.org/index.php?topic=99497.0	[14:49]
Thinker_	thank you :)	[14:49]
ThickAsThieves	no probmemo!	[14:49]
ThickAsThieves	problemo	[14:49]
ThickAsThieves	lol	[14:49]
assbot	[HAVELOCK] [SDICE] 2 @ 0.453 = 0.906 BTC [-]	[14:50]
MJR_	;;goxlag	[14:51]
gribble	1.215531 seconds	[14:51]
MJR_	its quiet...too quiet	[14:52]
Chaang-Noi	we are waiting for btc to break 1k :)	[14:53]
MJR_	think we are going through 80 today?	[14:55]
bitesak	yes	[14:55]
ThickAsThieves	quite likely	[14:55]
deadweasel	yes	[14:55]
MJR_	me too	[14:56]
*	jackmaninov (~jackmanin@xe.theochem.tuwien.ac.at) has joined #bitcoin-assets	[14:56]
ThickAsThieves	once we get to 79.85 or so, those walls will probably fall	[14:56]
MJR_	yeah 300k is not really a big wall nowadays	[14:57]
MJR_	was more interested in psychological barrier of big round number	[14:57]
ThickAsThieves	;;asks 79.84	[14:57]
gribble	There are currently 330.97408 bitcoins offered at or under 79.84 USD, worth 26409.0538315 USD in total. \| Data vintage: 5.6651 seconds	[14:57]
ThickAsThieves	;;asks 80	[14:57]
gribble	There are currently 3807.7847 bitcoins offered at or under 80.0 USD, worth 304429.083077 USD in total. \| Data vintage: 12.9988 seconds	[14:57]
ThickAsThieves	hehe	[14:57]
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DeaDTerra	24 hours left to bid on a pre order for Avalon ASIC Batch 2! https://bitcointalk.org/index.php?topic=158227.msg1679211#msg1679211	[15:00]
ThickAsThieves	hey DT	[15:00]
*	unbalanced_ has quit (Ping timeout: 240 seconds)	[15:00]
ThickAsThieves	can you put a link to https://bitcointalk.org/index.php?topic=99497.0 in your asicminer PT descriptions?	[15:00]
DeaDTerra	done	[15:02]
ThickAsThieves	cool cool	[15:03]
*	Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets	[15:04]
Bugpowder	hmmm... did MPOE bots pricing model get tweaked?	[15:05]
ThickAsThieves	seems notably higher	[15:06]
Bugpowder	I wonder if mircea_popescu changed the pricing from 24vwap based to a blend of 24hr and spot	[15:07]
mircea_popescu	what, srsly ?	[15:07]
mircea_popescu	i didn't change anything	[15:07]
*	thepok has quit (Ping timeout: 245 seconds)	[15:07]
Bugpowder	ok	[15:07]
Bugpowder	hmmm	[15:07]
Bugpowder	maybe I was just underestimating the amount of time premium	[15:08]
*	thepok (~thepok@068-112-109-134.csn.tu-chemnitz.de) has joined #bitcoin-assets	[15:08]
mircea_popescu	i think it's probably just seeing more volatility	[15:09]
mircea_popescu	as there's been a lot lately	[15:09]
Bugpowder	ah... volatility is explicitly programmed in	[15:10]
mircea_popescu	http://www.businessweek.com/news/2013-03-25/slovenia-s-nascent-cabinet-under-pressure-to-avoid-cyprus-fate	[15:10]
assbot	[HAVELOCK] [VTX] 5 @ 0.7444 = 3.722 BTC [+]	[15:10]
mircea_popescu	is slovenia fucked ?	[15:10]
mircea_popescu	Bugpowder what do you mean ?	[15:10]
Bugpowder	I mean, volatility is in the model, and is a reflection of some relatively short term variance, rather than a long term (1yr) variance or a magic number.	[15:12]
Bugpowder	stated more clearly.	[15:12]
assbot	[HAVELOCK] [VTX] 8 @ 0.7445 = 5.956 BTC [+]	[15:13]
mircea_popescu	it looks at a lot of data. long term, mid term, short term	[15:13]
mircea_popescu	thing is, as high volatility days turn into weeks	[15:13]
Bugpowder	yeah	[15:13]
mircea_popescu	of course it'd change its estimation of the volatility	[15:13]
Bugpowder	i figured it would be multi scale	[15:14]
mircea_popescu	yeah	[15:14]
Bugpowder	looks like we may break thru 80 before 15:00.	[15:14]
mircea_popescu	quite possible	[15:14]
mircea_popescu	and if 80 goes i would guess 100 may happen	[15:14]
kakobrekla	mircea_popescu Jansa is butthurt and posting shit around - we are way better than Italy if that is any consolation	[15:15]
kakobrekla	:p	[15:15]
Bugpowder	we aren't gonna touch 100 this week	[15:15]
Bugpowder	but we might get close	[15:15]
Bugpowder	next week, maybe...	[15:16]
Bugpowder	later dudes.	[15:16]
*	Bugpowder has quit (Quit: Page closed)	[15:16]
mircea_popescu	kakobrekla :p	[15:20]
ThickAsThieves	;;hashrate	[15:28]
gribble	Error: "hashrate" is not a valid command.	[15:28]
ThickAsThieves	;;nethash	[15:29]
gribble	52161.604881	[15:29]
*	JimmyHo2 (~JimmyHo2@d24-150-134-160.home.cgocable.net) has joined #bitcoin-assets	[15:29]
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interesting	lucif tends to think we will hit $100 this week https://bitcointalk.org/index.php?topic=131065.1000;topicseen	[15:30]
Chaang-Noi	i think we might	[15:31]
Chaang-Noi	;;asks 100	[15:31]
gribble	There are currently 28670.471 bitcoins offered at or under 100.0 USD, worth 2585939.459 USD in total. \| Data vintage: 0.0028 seconds	[15:31]
Chaang-Noi	we have seen market orders of over 1 million recently	[15:32]
Chaang-Noi	lucif however has been wrong way more than right	[15:33]
interesting	incredible.	[15:33]
interesting	yeah definitely not saying we will... just... i think the sentiment is that we will very soon	[15:33]
interesting	certainly within april	[15:33]
interesting	does anyone have any info on the coinlab mtgox merger? any wealth flowing through it yet?	[15:36]
mircea_popescu	interesting actually... they blew their date, failed to release alpha and no further news	[15:39]
mircea_popescu	as far as we know it's dead.	[15:39]
assbot	[MPEX] [S.MPOE] 6450 @ 0.00063865 = 4.1193 BTC [-]	[15:39]
interesting	okay so nothing new then... lol	[15:40]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.108897 BTC [+]	[15:40]
assbot	[BTCTC] [PAJKA.BOND] 3 @ 0.108898 = 0.3267 BTC [+]	[15:40]
assbot	[BTCTC] [PAJKA.BOND] 21 @ 0.10899 = 2.2888 BTC [+]	[15:40]
mircea_popescu	myea	[15:41]
assbot	[BTCTC] [PAJKA.BOND] 4 @ 0.10899 = 0.436 BTC [+]	[15:41]
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deadweasel	;;goxlag	[15:48]
gribble	2.112843 seconds	[15:48]
*	thepok (~thepok@068-112-109-134.csn.tu-chemnitz.de) has joined #bitcoin-assets	[15:51]
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assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [-]	[15:56]
Bugpowder	;;bids 0	[15:56]
gribble	There are currently 36681645 bitcoins demanded at or over 0.0 USD, worth 9119639.08052 USD in total. \| Data vintage: 6.2884 seconds	[15:56]
Bugpowder	9.1M	[15:56]
Bugpowder	noice	[15:56]
Bugpowder	all time high	[15:56]
*	thepok has quit (Ping timeout: 240 seconds)	[15:57]
KRS1	there was talk of a crash a while back but that topic seemed to have fizzled	[15:58]
KRS1	crash but rebound of course, cyclic as markets are	[15:58]
KRS1	maybe crash is a strong word...dip?	[15:58]
Bugpowder	don't fight the tape	[15:58]
Bugpowder	5000 accounts waiting for verification.	[15:59]
Bugpowder	assume conservatively a mean investment of $2000 per account	[15:59]
Bugpowder	probably way low	[15:59]
Bugpowder	= $10,000,000 of new funds flowing into gox soon.	[15:59]
Bugpowder	Dips will get strongly bought	[15:59]
Bugpowder	until one day they don't	[16:00]
Bugpowder	it will probably take a negative news event to trigger a real crash.	[16:00]
*	saulimus has quit (Quit: saulimus)	[16:01]
KRS1	figured..as i've noticed you seem to give pretty reasonable information	[16:03]
mircea_popescu	dip yea	[16:05]
mircea_popescu	i don't think 2k is way low tbh	[16:06]
mircea_popescu	i think 100 bux is a saner avg	[16:06]
deadweasel	i would say $500 is reasonable for motivated newbs. but it would be a bell curve of deposits	[16:06]
Bugpowder	mircea_popescu: I'm guessing median is $1000 for joe reddit, but mean could skew significantly higher	[16:06]
mircea_popescu	how does joe reddit have 1k disposable ?!	[16:07]
deadweasel	good question	[16:07]
Bugpowder	life savings!	[16:07]
mircea_popescu	dude srlsy, ask people.	[16:07]
deadweasel	mom is still paying their insurance...	[16:07]
mircea_popescu	if joe reddit meets drop dead gorgeous sexbomb he doesn't move	[16:07]
mircea_popescu	because	[16:07]
mircea_popescu	he doesn't have fiddy bux to dine her.	[16:07]
Bugpowder	Some 17 year old kid keeps buying $1000 in coins off me with cash every week	[16:07]
Bugpowder	I don't know if he is dealing the coins at school or what	[16:08]
mircea_popescu	Bugpowder he's prolly dealing dope.	[16:08]
Bugpowder	I think he is investing too	[16:08]
mircea_popescu	or else he has a wicked shot	[16:08]
Bugpowder	seems to be very excited about the rise in price.	[16:08]
pizzaman1337	Bugpowder: what country are you in?	[16:10]
Bugpowder	USA	[16:10]
deadweasel	where does a 17 yr old get $1k a week?	[16:11]
KRS1	for real	[16:11]
*	Smoovious has quit (Ping timeout: 248 seconds)	[16:11]
Bugpowder	Probably reselling coins	[16:12]
Bugpowder	or SR	[16:13]
Bugpowder	or both	[16:13]
Bugpowder	reselling coins is probably more profitable and much less risk	[16:13]
Bugpowder	25% markup... $250 / wk	[16:13]
Bugpowder	plus the coins appreciate between the time I sell to him and he sells.	[16:13]
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MJR_	nice boiler room reference, did you like it?	[16:16]
assbot	[MPEX] [S.MPOE] 1250 @ 0.00063515 = 0.7939 BTC [-]	[16:17]
deadweasel	Bugpowder: I can see that. At the increase in price, it would be profitable for the last couple of months.	[16:18]
deadweasel	slinging BTC.. kids these days!	[16:18]
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KRS1	haha deadweasel	[16:21]
KRS1	off yo corner not mines	[16:21]
deadweasel	i'd rather just hold. you can sling BTC on my corner KRS1	[16:22]
deadweasel	just no crack/smack	[16:22]
deadweasel	brings values down	[16:23]
deadweasel	;;ticker	[16:23]
gribble	BTCUSD ticker \| Best bid: 78.62001, Best ask: 78.70000, Bid-ask spread: 0.07999, Last trade: 78.70000, 24 hour volume: 76425.55033919, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 75.99540	[16:23]
Chaang-Noi	about the bad news and the crash, im shocked the fork did not do any damage but stall the bulls for a few days, insane... we would need massive bad news to do anything	[16:23]
Chaang-Noi	also dont you need a min of 1000 to ahve to get your account aproved?	[16:24]
Chaang-Noi	on gox	[16:24]
kakobrekla	you mean verified?	[16:24]
kakobrekla	no	[16:24]
Chaang-Noi	they do it to everyone now?	[16:25]
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kakobrekla	it was like so since ever	[16:25]
Chaang-Noi	?	[16:25]
Chaang-Noi	really? i have or had an anon account on gox	[16:25]
deadweasel	Chaang-Noi: I was exceedingly surprised by the fork not causing a lengthy crash	[16:25]
KRS1	crack is cheaper than whole units of BTC these days	[16:25]
Chaang-Noi	deadweasel yeah, that is when i knew we were going to double	[16:26]
Chaang-Noi	my trading bot account was never veriffied	[16:26]
Chaang-Noi	on gox	[16:26]
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Chaang-Noi	iv not used it in a year so things might have changed, i dont know	[16:26]
assbot	[BTCTC] [COGNITIVE] 7 @ 0.1429 = 1.0003 BTC [-]	[16:27]
Chaang-Noi	also every site i use to get the btc price is down for me...	[16:27]
deadweasel	Chaang-Noi: gox would just lag when you really needed it anyhow, better that you don't use it	[16:27]
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MJR_	bitcoinity is good	[16:27]
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Chaang-Noi	iv not used gox since they froce my account	[16:27]
Chaang-Noi	froze	[16:27]
deadweasel	still have money/btc frozen there?	[16:28]
Chaang-Noi	the one that i had verrified	[16:28]
Chaang-Noi	the only coin i have left in gox is my 700 btc from bitcoinica they wont let go	[16:28]
ThickAsThieves	thats a lot	[16:28]
unbalanced__	Why not?	[16:28]
MJR_	will they ever release it	[16:29]
mircea_popescu	MJR_ not bad.	[16:29]
Chaang-Noi	gox is being silent right now about it, but before too long they will get sued	[16:29]
mircea_popescu	could have done without all the bs libertardism, but anyway	[16:29]
Chaang-Noi	i think they are waiting for the case to end in cali first	[16:29]
Chaang-Noi	MJR_ i think its my fail internetz :?	[16:30]
unbalanced__	Does any site show multi-exchange VWAP?	[16:30]
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mircea_popescu	yeah	[16:31]
unbalanced__	If community starts to watch that, maybe people would feel freer to trade more off-Gox	[16:31]
mircea_popescu	community always watched that	[16:31]
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unbalanced__	Is the ticker here pure gox tho?	[16:31]
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mircea_popescu	;;bc,24hprc	[16:31]
gribble	Error: I tried to send you an empty message.	[16:32]
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mircea_popescu	um	[16:32]
deadweasel	;;bc,24hprc	[16:32]
gribble	Error: I tried to send you an empty message.	[16:32]
mircea_popescu	what da ?!	[16:32]
deadweasel	lol, gribble is out of order	[16:32]
deadweasel	;;ticker	[16:32]
gribble	BTCUSD ticker \| Best bid: 79.09000, Best ask: 79.09899, Bid-ask spread: 0.00899, Last trade: 79.09899, 24 hour volume: 76184.89958681, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.01784	[16:32]
mircea_popescu	bitcoincharts is 502	[16:32]
deadweasel	so it is...	[16:33]
Bugpowder	http://bitcoincharts.com/markets/currencies/	[16:33]
Bugpowder	that is multi exchange vwap	[16:33]
Bugpowder	mircea_popescu: the mpoe bot seems to not have offers up much more of the time now than a few weeks ago. Is this DDOS related, funding related, other?	[16:35]
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unbalanced__	thx Bugpowder	[16:36]
kakobrekla	btce price is 73	[16:36]
kakobrekla	bitstamp price 82	[16:36]
kakobrekla	facepalm	[16:36]
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unbalanced__	Too hard to get USD out of BTCe?	[16:37]
KRS1	couldnt one transfer their btc between markets for big profits	[16:37]
MJR_	wait what?	[16:37]
Bugpowder	this is typical	[16:37]
MJR_	KRS1: but what to do with the cash	[16:37]
Bugpowder	btce is always low	[16:37]
Bugpowder	bitstamp is always high	[16:37]
MJR_	that is true	[16:37]
KRS1	the cash out would give lower btc overall wouldnt it	[16:37]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.10898 BTC [+]	[16:37]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]	[16:38]
Bugpowder	we are nearing the 15:00 hour	[16:38]
Bugpowder	prepare for the 80 wall to fall.	[16:38]
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Bugpowder	(hoping)	[16:38]
MJR_	me too Bugpowder	[16:38]
Chaang-Noi	kako to get money into btc-e you need to be tight with the russian maffia	[16:39]
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MJR_	the main issue is funding options and time	[16:39]
Chaang-Noi	also bitstamp is the easiest way to get in money fastest	[16:39]
Chaang-Noi	this is very bullish	[16:39]
Chaang-Noi	and its also keeping ltc prices down, people buyiong chewap btc	[16:39]
unbalanced__	virtex now at 82.50/84.20 (CAD)... Canada in the lead	[16:40]
unbalanced__	BTC on Virtex that is. Not VTX in BTC.	[16:40]
MJR_	whats bitfloor got	[16:42]
MJR_	they are the easiest in my opinion	[16:42]
MJR_	79.87	[16:43]
unbalanced__	Slight wall issue from here on Virtex tho: http://bitcoincharts.com/markets/virtexCAD.html	[16:43]
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MJR_	yeah	[16:50]
MJR_	still quite a nice wall going on mt gox	[16:50]
MJR_	half a mill before 80	[16:50]
Chaang-Noi	;;asks 80	[16:50]
gribble	There are currently 5417.4674 bitcoins offered at or under 80.0 USD, worth 431701.695968 USD in total. \| Data vintage: 30.3969 seconds	[16:50]
Chaang-Noi	wall is growing	[16:50]
MJR_	exaggerated...its like 430k	[16:51]
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mircea_popescu	Bugpowder its probably observer related.	[16:59]
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savetheintermac	hello	[17:00]
mircea_popescu	https://twitter.com/BitBetsBets/status/316564306453999617	[17:00]
mircea_popescu	check that out, big money on ltc	[17:00]
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mircea_popescu	Bugpowder actually, seems btchcarts has issues with the feed.	[17:06]
assbot	[BTCTC] [B.YABMC] 1 @ 0.01401 BTC [-]	[17:12]
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assbot	[BTCTC] [B.YABMC] 1 @ 0.01451 BTC [+]	[17:16]
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Bugpowder	that 12000 BTC wall bastard is back	[17:19]
Bugpowder	where my bidders back	[17:20]
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assbot	[HAVELOCK] [SDICE] 4 @ 0.4600001 = 1.84 BTC [+]	[17:27]
assbot	[HAVELOCK] [SDICE] 26 @ 0.46 = 11.96 BTC [-]	[17:27]
Chaang-Noi	crash:)	[17:27]
thestrin1puller	;;ticker	[17:28]
gribble	BTCUSD ticker \| Best bid: 75.34000, Best ask: 77.00000, Bid-ask spread: 1.66000, Last trade: 75.34000, 24 hour volume: 67052.57610028, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.21349	[17:28]
thestrin1puller	;;asks 80.0	[17:28]
gribble	There are currently 18683.032 bitcoins offered at or under 80.0 USD, worth 1474040.53264 USD in total. \| Data vintage: 19.2638 seconds	[17:28]
thestrin1puller	lol 12000 btc ask wall	[17:28]
Chaang-Noi	its fake	[17:29]
thestrin1puller	the bears vs the bulls	[17:29]
smickles	10:24 <+gribble> New rating \| Supa > -10 > smickles \| None	[17:33]
smickles	lol	[17:33]
MJR_	fucking four minutes lag	[17:33]
kakobrekla	congrats	[17:33]
MJR_	;;goxlag	[17:33]
gribble	334.762829 seconds	[17:33]
MJR_	bullshit	[17:33]
smickles	we had another run at 80 eh?	[17:34]
ZedsterX	Chaang-Noi: what do you mean it's fake? total newb here	[17:35]
assbot	[HAVELOCK] [HIM] 2 @ 1.75 = 3.5 BTC [+]	[17:36]
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Bugpowder	there is no such thing as a fake wall	[17:38]
Bugpowder	how many times do we have to go over this	[17:39]
Bugpowder	It is a wall designed to push prices down thouh	[17:39]
deadweasel	the wall is real, the intention just isn't what you think ZedsterX	[17:39]
Bugpowder	earlier today when it was put up, it was at 80.0001	[17:39]
Bugpowder	If he really wanted to sell, he would try to undercut the asks at 80, instead posting just above it	[17:40]
Bugpowder	Just someone trying to mainpulate the market, perhaps doing some day trading, scooping up at 75.5 on the dip, then reselling higher when he removes the wall	[17:41]
Bugpowder	the risk for him is that someone might just have the capital to buy the whole thing in one shot.	[17:41]
Bugpowder	not that selling 12000 BTC at 77.5 would be considered a bad outcome for most people :-P	[17:44]
Bugpowder	HEY! XRP is now listed on http://bitcoincharts.com/markets/currencies/	[17:46]
Bugpowder	looks like the value is really tanking	[17:46]
ZedsterX	thanks for the clarification....i am just now reading day Trading for Dummies so I am currently a Dummies but learning	[17:46]
Bugpowder	30dvwap is 48000 for xrp, but 1day is 71000	[17:46]
MJR_	yeah, the fact he is manipulating i think means the price is being held lower	[17:47]
Bugpowder	ZedsterX: of course we don't really know what is in the mind of that trader, but that's what it appears to be.	[17:47]
MJR_	buy buy buy	[17:47]
ZedsterX	i get it Bug thanks	[17:47]
Bugpowder	This is typically a very active time of day though, that wall is really temping someone I bet...	[17:47]
ZedsterX	ok that confuses me	[17:48]
ZedsterX	but i am reading as we speak	[17:48]
ZedsterX	no need to elaborate just yet....lemme learn a bit more	[17:48]
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MJR_	i bet he cancels once someone really starts to eat into it	[17:49]
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MJR_	let loose the dogs of war	[17:49]
ZedsterX	MUHUhahah	[17:50]
ZedsterX	:)	[17:50]
Bugpowder	yah, but you can't cancel it in time if someone eats it all in one go.	[17:50]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.1088 BTC [-]	[17:50]
Bugpowder	time for lunch.... hopefully we will be >80 when I get back.	[17:50]
unbalanced__	Okay with The Wall and The Dogs Of War, time to turn on the Pink Floyd	[17:51]
Bugpowder	;;bids 0	[17:51]
gribble	There are currently 36671413 bitcoins demanded at or over 0.0 USD, worth 9038379.57806 USD in total. \| Data vintage: 0.0189 seconds	[17:51]
mircea_popescu	why "manipulating" ?	[17:51]
mircea_popescu	why can't it just be some dude who wants to sell at that price.	[17:51]
jborkl	mp, can you process my deposit. thanks	[17:52]
Diablo-D3	mircea_popescu: because people love a story	[17:52]
mircea_popescu	jborkl done Diablo-D3 heh i guess so	[17:53]
jborkl	Thank mp	[17:53]
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Chaang-Noi	http://www.reddit.com/r/SilkRoad/comments/1b1lvy/warning_the_silk_road_revealed_its_public_ip_last/	[17:53]
Diablo-D3	OH SHIT	[17:54]
Diablo-D3	SERIOUSLY?	[17:54]
mircea_popescu	aaahahahaah	[17:54]
Diablo-D3	PWNED	[17:54]
Chaang-Noi	well, if that get shut down not exactly good for btc	[17:55]
mircea_popescu	so this means in fact sr is either a honeypot or else has been under law enforcement scrutiny for months	[17:55]
mircea_popescu	because don't tell me they didn't know.	[17:55]
Diablo-D3	dude	[17:55]
Diablo-D3	Ive been saying its a honeypot since the day 1	[17:56]
mircea_popescu	Once the server is seized, it can either be taken offline and analyzed for evidence right then and there, or left online and modified to better accrue evidence. In the case of SR, leaving the server online and modifying the purchase mechanism to not encrypt addresses on the server would be the obvious choice. Law enforcement would immediately have access to all addresses, private messages, etc.	[17:56]
mircea_popescu	^^	[17:56]
Doffx	Lot of assumptions there.	[17:57]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.10899 BTC [+]	[17:57]
Chaang-Noi	the public ip could be a fake ip	[17:57]
MJR_	yes	[17:58]
Doffx	It assumes law enforcement also noticed this.	[17:58]
MJR_	or they could just be in a jurisdiction that gives two shits	[17:58]
Chaang-Noi	i hope to god it is in n korea	[17:58]
MJR_	think new zealand could be good enough	[17:59]
MJR_	mircea_popescu: not exactly "manipulating" but anyone who puts an order that large out there is probably not trying to just sell or buy, they would layer it and break it up so that it wasn't obviuos	[18:00]
mircea_popescu	so this takes out sr.	[18:00]
mircea_popescu	mpex is LITERALLY the one left.	[18:00]
mircea_popescu	dun dun dun	[18:00]
deadweasel	um, change IPs?	[18:00]
MJR_	or iSP	[18:01]
pizzaman1337	bit4x hasn't been hacked	[18:01]
mircea_popescu	MJR_ why shouldn't it be obvious ?	[18:01]
assbot	[BTCTC] [S.MPOE-PT] 269 @ 0.000711 = 0.1913 BTC [+]	[18:01]
assbot	[BTCTC] [S.MPOE-PT] 131 @ 0.000711 = 0.0931 BTC [+]	[18:01]
assbot	[BTCTC] [S.MPOE-PT] 60 @ 0.000712 = 0.0427 BTC [+]	[18:01]
assbot	[BTCTC] [S.MPOE-PT] 680 @ 0.000713 = 0.4848 BTC [+]	[18:01]
assbot	[BTCTC] [S.MPOE-PT] 1820 @ 0.000713 = 1.2977 BTC [+]	[18:01]
assbot	[BTCTC] [PAJKA.BOND] 9 @ 0.10899 = 0.9809 BTC [+]	[18:02]
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assbot	[BTCTC] [COGNITIVE] 1 @ 0.144 BTC [+]	[18:05]
smickles	< mircea_popescu> so this means in fact sr is either a honeypot or else has been under law enforcement scrutiny for months <<< probably since that initial address change	[18:06]
jcpham	never even visited it	[18:06]
smickles	i did a few times, but there wasn't ever anything worth buying	[18:07]
smickles	porn an laserpointers	[18:08]
Chaang-Noi	wall gone right?	[18:08]
smickles	the 80.01 one?	[18:09]
Chaang-Noi	no the 12000 at 77.5	[18:10]
Chaang-Noi	taken down or eaten?	[18:10]
Chaang-Noi	i guess taken down, hmm	[18:10]
saulimus	I'd say taken down as well	[18:10]
Chaang-Noi	if only i had a million on gox :)	[18:10]
smickles	there wasn't that much volume recently, so taken down	[18:11]
Chaang-Noi	and backto 78	[18:11]
Chaang-Noi	yeah vol is how i checked too	[18:11]
smickles	o.btc	[18:12]
smickles	$vwap oix	[18:13]
mpexbot	smickles: ^OIX 1 day: no data 7 day: average: 71.99677481 high: 78.31645607 low: 48.45538965 volume: 50180 btc: 4750.25972448 30 day: no data	[18:13]
Chaang-Noi	78.5	[18:13]
Diablo-D3	!ticker	[18:14]
assbot	Hell, ain't we about more fucked than a whore at closin' time, huh?	[18:14]
Diablo-D3	;;ticker	[18:14]
gribble	BTCUSD ticker \| Best bid: 78.00000, Best ask: 78.40000, Bid-ask spread: 0.40000, Last trade: 78.00000, 24 hour volume: 68609.09897307, 24 hour low: 71.89779, 24 hour high: 79.72001, 24 hour vwap: 76.15356	[18:14]
Diablo-D3	OH COME ON	[18:14]
Diablo-D3	GO TO INFINITY ALREADY	[18:14]
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Diablo-D3		[18:14]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [+]	[18:16]
Chaang-Noi	79	[18:17]
assbot	[BTCTC] [S.DICE-PT] 14 @ 0.00499 = 0.0699 BTC [+]	[18:18]
Chaang-Noi	i see one share trade and im like wtf... then i remember that share is $50	[18:18]
assbot	[BTCTC] [BTC-TRADING-PT] 1 @ 0.1304 BTC [-]	[18:18]
KRS1	diablo are you expecting it to go up or something	[18:25]
KRS1	this is looking plateau-ish, isnt it?	[18:26]
KRS1	just curious, im no expert or anything	[18:26]
mircea_popescu	i did a few times, but there wasn't ever anything worth buying <<< i kept saying it's irrelevant but NO!!! DRUGS!!! SR BIGGER THAN MPEx!!!1	[18:26]
Diablo-D3	KRS1: Im expecting it to go up, actually	[18:27]
KRS1	that would be nice...im trying to buy more, but on a dip at some point	[18:27]
smickles	mircea_popescu: remember when sr was down for 2 weeks, and it had no impact on bitcoin?	[18:28]
mircea_popescu	yes.	[18:28]
mircea_popescu	one of the reasons i was saying that.	[18:28]
MJR_	quick question, and don't laugh	[18:28]
MJR_	does coinbase have trouble when you SELL bitcoins on their site?	[18:28]
MJR_	or is it pretty much only on the buy side	[18:28]
deadweasel	smickles: was that when they got sql attacked or wahtever?	[18:29]
deadweasel	I used to think SR impact was large, I'd like to go look at the data for that period.	[18:29]
smickles	deadweasel: I don't think so. I believe they were idiopathicly offline	[18:29]
deadweasel	remember when it was?	[18:30]
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smickles	and you probably used the think it was large because the media and all the people who didn't thake the time to research the topic kept saying it was 3/4 of the bitcoin economy	[18:30]
smickles	It was in november iirc	[18:30]
mircea_popescu	all the media = reditards	[18:31]
mircea_popescu	what media.	[18:31]
smickles	mircea_popescu's blog has an article written at the time, which documents the date	[18:31]
deadweasel	smickles: i think that's why I thought so too. i have some reditard in me, that much is obvious.	[18:31]
mircea_popescu	lol	[18:31]
smickles	mircea_popescu: what media? news publications and blogs	[18:31]
mircea_popescu	yeah yeah	[18:32]
mircea_popescu	deformedia.	[18:32]
deadweasel	I would like to find out how many SR users become bitcoin adopters. or if most of them just OD.	[18:32]
smickles	the news people were especially on about the relative size of sr when that senator was bitching about bitcoin	[18:33]
deadweasel	but i'll never know	[18:33]
smickles	well, i don't think too many drug users od...	[18:33]
mircea_popescu	lethal ods are really about as frequent as septicemia	[18:34]
KRS1	od figures are very low considering the number of users..dont ask me how i know guess i came across stats on that one day	[18:34]
smickles	especially since most drug users are either smokers or drinkers. but if we set that aside, most drug users are probably using pot, which takes thousands of pounds to od in	[18:34]
smickles	s/in/on/	[18:34]
deadweasel	ok, the more important part is how many of the SR users turn to BTC as a whole, whether it be speculation, assets, whatever.	[18:35]
MJR_	;;goxlag	[18:35]
gribble	0 seconds	[18:35]
deadweasel	or do you think most pick up some BTC, get their stash, and do it again in a few weeks.... never realizing the power of BTC	[18:35]
mircea_popescu	deadweasel i don't think many really.	[18:35]
smickles	I'd bet it's a foot in the door. they may not start using BTC regularly right away, but it's psycologically addictive	[18:36]
deadweasel	don't i know it!	[18:36]
deadweasel	:D	[18:36]
smickles	like all the peeps who heard about bitcoin on 'Security Now' and ran a client for fun	[18:36]
assbot	[BTCTC] [S.DICE-PT] 11 @ 0.00499 = 0.0549 BTC [+]	[18:37]
smickles	then some months later btc was up to 30, and they took interest	[18:37]
*	fishfish has quit (Quit: Zzzzz..zzzzz)	[18:37]
assbot	[MPEX] [S.MPOE] 800 @ 0.0006361 = 0.5089 BTC [+]	[18:39]
assbot	[MPEX] [S.MPOE] 2850 @ 0.00064816 = 1.8473 BTC [+]	[18:39]
*	toffoo (~tof@186.221.11.41) has joined #bitcoin-assets	[18:39]
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*	thepok has quit (Ping timeout: 245 seconds)	[18:43]
assbot	[HAVELOCK] [SDICE] 1 @ 0.465 BTC [+]	[18:44]
*	da2ce7_d has quit (Ping timeout: 256 seconds)	[18:44]
smickles	;;calc 31/(1-.6633)	[18:45]
gribble	92.0700920701	[18:45]
smickles	nice	[18:46]
smickles	;;calc 1/(1-.09251)	[18:50]
gribble	1.10194051725	[18:50]
smickles	;;calc 75/(1-.09251)	[18:50]
gribble	82.6455387938	[18:50]
*	Smoovious has quit (Ping timeout: 256 seconds)	[18:50]
*	Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets	[18:51]
assbot	[MPEX] [O.BTCUSD.C750T] 1 @ 0.07264594 BTC [+]	[18:54]
assbot	[MPEX] [O.BTCUSD.C730T] 1 @ 0.08527257 BTC [+]	[18:54]
assbot	[MPEX] [S.DICE] 800 @ 0.00425029 = 3.4002 BTC [-]	[18:54]
*	benkay (~benkay@67.50.19.230) has joined #bitcoin-assets	[18:55]
smickles	;;calc 75/(1-.07264)	[18:56]
gribble	80.8747412008	[18:56]
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*	copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets	[18:58]
assbot	[HAVELOCK] [SDICE] 1 @ 0.46 BTC [-]	[18:58]
assbot	[HAVELOCK] [VTX] 3 @ 0.73925 = 2.2178 BTC [-]	[19:00]
Bugpowder	"MPEx just sponsored hosting for bitcoinity. Definitely check it out!"	[19:01]
Bugpowder	noice	[19:01]
assbot	[BTCTC] [PAJKA.BOND] 2 @ 0.10899 = 0.218 BTC [+]	[19:01]
smickles	really? Bugpowder: was that one of those popup messages?	[19:02]
smickles	ooooh, mircea_popescu you sly dog	[19:02]
smickles	lol, link to dark themed mpex	[19:02]
MJR_	nice	[19:04]
Bugpowder	yeah, it popped up on bitcoinity	[19:04]
Bugpowder	bring back the coffee theme!	[19:05]
jurov	lol seems coinbr.live needs dark skin too nao	[19:06]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.10898 BTC [-]	[19:07]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]	[19:08]
mircea_popescu	haha i see ppl use bitcoinity	[19:09]
assbot	[BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]	[19:14]
*	Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets	[19:15]
*	terryww has quit (Ping timeout: 248 seconds)	[19:15]
assbot	[BTCTC] [GSDPT] 10 @ 0.004587 = 0.0459 BTC [+]	[19:17]
assbot	[BTCTC] [GSDPT] 10 @ 0.00459 = 0.0459 BTC [+]	[19:17]
assbot	[BTCTC] [GSDPT] 1 @ 0.00459 BTC [+]	[19:18]
mircea_popescu	actually i would say jurov;s truck looks even better in dark faq	[19:21]
smickles	http://courtroom-joke.pen.io/	[19:21]
jurov	lol	[19:22]
KRS1	heh	[19:22]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [+]	[19:23]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74999 BTC [+]	[19:23]
*	cylta (~user@unaffiliated/cylta) has joined #bitcoin-assets	[19:24]
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thestrin1puller	good news everyone	[19:33]
thestrin1puller	we are all gonna get laid!!!!	[19:33]
thestrin1puller	thanks to popesci	[19:33]
thestrin1puller	popescu*	[19:33]
deadweasel	um, i'm already getting laid	[19:33]
deadweasel	but thanks!	[19:33]
cylta	thestrin1puller: why?	[19:34]
*	topace has quit (Remote host closed the connection)	[19:37]
deadweasel	also, if you get romanian nymphos, use protection :)	[19:38]
deadweasel	;;ticker	[19:39]
gribble	BTCUSD ticker \| Best bid: 78.01004, Best ask: 78.50001, Bid-ask spread: 0.48997, Last trade: 78.50001, 24 hour volume: 59775.07560411, 24 hour low: 72.60000, 24 hour high: 79.72001, 24 hour vwap: 76.48701	[19:39]
mircea_popescu	wait. wut ?	[19:40]
mircea_popescu	;;eauth mircea_popescu	[19:41]
gribble	Request successful for user mircea_popescu, hostmask mircea_popescu!~Mircea@pdpc/supporter/silver/mircea-popescu. Get your encrypted OTP from http://bitcoin-otc.com/otps/8A736F0E2FB7B452	[19:41]
mircea_popescu	;;everify freenode:#bitcoin-otc:5d85a0d3d71fae1ea046dbcce6669c5252d0c741731614e7736ad361	[19:41]
gribble	You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452	[19:41]
mircea_popescu	;;rate comboy 1 He's the Bitcoinity guy.	[19:42]
gribble	Rating entry successful. Your rating of 1 for user comboy has been recorded.	[19:42]
cylta	mircea_popescu: do you still sell accounts for 30 btc? =)	[19:42]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]	[19:43]
mircea_popescu	cylta yeah, reg fee is 30 btc.	[19:43]
mircea_popescu	happily the exchange rate is doing the work for me so i don't have to raise it.	[19:44]
cylta	it's 2.3k $	[19:44]
mircea_popescu	kinda cheap huh.	[19:44]
KRS1	I'm a noob at this stuff, even after working with and mining BTC for almost 2 yrs now, can someone answer a question about OTC for me?	[19:44]
mircea_popescu	yes KRS1. also, don't ask to ask. jsut ask.	[19:45]
cylta	KRS1: sure, just ask it	[19:45]
Bugpowder	askwall at 75 now	[19:45]
Bugpowder	;;asks 75	[19:45]
cylta	mircea_popescu: what is the total value of all asstes on mpex?	[19:45]
gribble	There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in total. \| Data vintage: 0.0014 seconds	[19:45]
mircea_popescu	cylta like 1.3mn btc.	[19:45]
cylta	Bugpowder: mtgox x5 7.3039 @ 78.92499262 USD	[19:45]
KRS1	ok sorry bout that..so I 4000 btc for sale at 77.756 each on otc..I can buy from this guy at a discount (compared to current M.P.)?	[19:45]
KRS1	why would he want to sell at that price?	[19:45]
cylta	KRS1: he will not able to sell all amount because of low liquidity on market	[19:46]
Bugpowder	;;bids 75	[19:46]
gribble	There are currently 8953.862 bitcoins demanded at or over 75.0 USD, worth 678866.343559 USD in total. \| Data vintage: 58.5529 seconds	[19:46]
Bugpowder	cylta: feel free to use my fingerprint for a 5BTC discount on the signup fee :)	[19:46]
cylta	KRS1: so, it's profitable for him to sell just a bit below, because it will be more than he will get if he will sell at market price... market price is limited to 10 btc aprx.	[19:46]
assbot	[HAVELOCK] [SDICE] 3 @ 0.46 = 1.38 BTC [-]	[19:47]
KRS1	oh i see..buys are a bit low in demand so he's trying to discount them to get rid of em at a good price without bringing market price down	[19:47]
cylta	Bugpowder: hehe =) I don't think that I will ever be so self confident, that I will able to make more than 2.3k$ on trading.	[19:47]
cylta	KRS1: right	[19:47]
KRS1	thanks!	[19:47]
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cylta	KRS1: but buying such amount now... it's very risky.	[19:47]
jborkl	you won a seat on the MPEX echange , which has inherent value	[19:47]
KRS1	funny biz ya'll are in.	[19:47]
jborkl	own	[19:48]
jborkl	not won	[19:48]
assbot	[HAVELOCK] [SDICE] 5 @ 0.4531 = 2.2655 BTC [-]	[19:48]
KRS1	love what you are doing here mp	[19:48]
mircea_popescu	;)	[19:48]
cylta	jborkl: as I know, you can't sell it	[19:48]
jborkl	why not	[19:48]
Bugpowder_	sell your private key	[19:48]
cylta	jborkl: I mean whole account, so it does not cost it any more	[19:48]
jborkl	yes you could	[19:48]
assbot	[MPEX] [S.DICE] 1000 @ 0.00449999 = 4.5 BTC [+]	[19:49]
jborkl	mp goes by key , not by name	[19:49]
*	LainZ has quit (Ping timeout: 245 seconds)	[19:49]
Bugpowder_	I must say, buying a seat on MPEX was the second best decision I made in bitcoinlyfe	[19:49]
cylta	Bugpowder_: did you earn enough to pay back for it price?	[19:49]
mircea_popescu	ahaha	[19:49]
mircea_popescu	time for the ponzigraph ?	[19:50]
Bugpowder_	I am up about 200BTC today alone	[19:50]
jborkl	He owns a seat on the exchange, which has appreciated in value	[19:50]
assbot	[HAVELOCK] [SDICE] 1 @ 0.453 BTC [-]	[19:50]
Bugpowder_	so yes	[19:50]
cylta	Bugpowder_: what are you doing? just buying low selling high?	[19:50]
Bugpowder_	options	[19:50]
mircea_popescu	;;ticker	[19:50]
gribble	BTCUSD ticker \| Best bid: 77.49000, Best ask: 77.80434, Bid-ask spread: 0.31434, Last trade: 77.80434, 24 hour volume: 60634.32567194, 24 hour low: 72.60000, 24 hour high: 79.72001, 24 hour vwap: 76.51197	[19:50]
Bugpowder_	I also have traded all the securities	[19:50]
cylta	Bugpowder_: selling or buying?	[19:50]
Bugpowder_	I have done it all	[19:50]
*	Bugpowder has quit (Ping timeout: 245 seconds)	[19:51]
*	beetlebee has quit (Ping timeout: 245 seconds)	[19:51]
Bugpowder_	futures, diff futures, the CDO offering, the S.BBET IPO	[19:51]
cylta	Bugpowder_: okay, does it mean that other people at mpex loose 200btc?	[19:51]
Bugpowder_	Not necessarily. If the value of a security goes up, then everyone wins	[19:51]
Bugpowder_	for options, those are zero sum	[19:52]
assbot	[MPEX] [S.DICE] 1000 @ 0.00449999 = 4.5 BTC [+]	[19:52]
Bugpowder_	the MPOE bond holders pay	[19:52]
Bugpowder_	but MPOE has averaged 12% return on equity per month	[19:52]
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Bugpowder_	since inception	[19:52]
cylta	Bugpowder_: okay. probably i'm just too stupid to understand all this things...	[19:53]
KRS1	same..	[19:53]
Bugpowder_	All in, the MPEX account fee is probably <1% of total personal profits so far.	[19:53]
smickles	drat. my daughter found out how to have the printer give a test page	[19:53]
KRS1	I bet its safe to say bugpowder has lost a coin or two as he was learning..	[19:53]
Bugpowder_	I've lost hundreds in a few hours	[19:53]
smickles	i suspect Bugpowder_ is ahead overall	[19:54]
Bugpowder_	buying puts on a dip	[19:54]
KRS1	which is easy with options?	[19:54]
jurov	cylta, there's also coinbr.com, almost as good as having mpex acct directly	[19:54]
Bugpowder_	But in the S.BBET IPO, I flipped about 200BTC into 400BTC in about 20 minutes.	[19:54]
smickles	i'll vouch for coinbr, it's a good service	[19:54]
mircea_popescu	that ipo was wild.	[19:54]
KRS1	wow..	[19:54]
Bugpowder_	cylta, if you have <500BTC to invest, I'd stick to coiner.	[19:54]
Bugpowder_	coinbr	[19:54]
cylta	jurov: thanks, I already was there but they offering limited usability afaik	[19:55]
smickles	coiner, lol. that sounds like a bad word	[19:55]
jurov	yea but wwe can do anything that doesn't have the interface there manually on request	[19:55]
smickles	mircea_popescu, you're just one of those coiners. go back in your hole	[19:55]
KRS1	bugpowder- thanks sounds like sound advic	[19:56]
jurov	cylta, or is the prob somewhere else?	[19:56]
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assbot	[HAVELOCK] [VTX] 7 @ 0.73924998 = 5.1747 BTC [-]	[20:04]
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assbot	[HAVELOCK] [SDICE] 1 @ 0.453 BTC [-]	[20:10]
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taub	what does an exchange seat do Bugpowder_	[20:28]
taub	and how much is it	[20:28]
Bugpowder_	you can trade directly on MPEx	[20:29]
Bugpowder_	It's 30BTC.	[20:29]
Bugpowder_	or 25BTC with referral	[20:29]
*	beetlebee (4f727cbd@gateway/web/freenode/ip.79.114.124.189) has joined #bitcoin-assets	[20:29]
Bugpowder_	otherwise, use coinbr	[20:29]
Bugpowder_	I should get paid for this PR job I'm doing here.	[20:29]
taub	:)	[20:32]
jurov	Bugpowder_: you can. just get a coinbr affiliate link :)	[20:33]
Bugpowder_	ah!	[20:34]
taub	option depth is really non existant	[20:34]
Bugpowder_	wait a minute	[20:34]
Bugpowder_	bot is updating	[20:34]
Bugpowder_	depth is basically unlimited	[20:34]
Bugpowder_	if you are willing to pay the premium	[20:35]
taub	prolly should read that book on options	[20:36]
taub	but sounds interesting	[20:36]
smickles	what is with mpoebot recently, i've been noticing more time when it's not offering	[20:36]
taub	mpex really could use a facelift	[20:37]
taub	doesnt really work on prmoting itself either!	[20:37]
smickles	taub: consider that that website is not mpex	[20:37]
jurov	taub, have you seen dark version? http://mpex.co/?r=1	[20:37]
jurov	that's as much facelift as we'll ever get	[20:37]
taub	black as my soul :)	[20:37]
smickles	mpex is the exchange, it's not like the nyse tradefloor has a web portal	[20:37]
taub	haha ok	[20:37]
jborkl	MPEX could not be easier to use, once you learn how to use it	[20:38]
jurov	but i guess, if someone creates nifty css for it, i can serve it on mpex.coinbr.com	[20:38]
Bugpowder_	I liked the coffee theme with the rounded edges.	[20:38]
Bugpowder_	taub, mpoe bot has been flaky the last few days	[20:39]
Bugpowder_	not sure why	[20:39]
Bugpowder_	if you wait around for 15 minutes, bid and asks will probably show up	[20:39]
Bugpowder_	1000 contracts at each strike	[20:39]
jurov	overloaded by the volatility, its model converges slowly?	[20:39]
Bugpowder_	maybe? frankly I'm surprised its not out of captial	[20:40]
Bugpowder_	400,000 contracts	[20:40]
Bugpowder_	traded	[20:40]
Bugpowder_	probably strong skew to long BTC	[20:40]
jurov	or the slave girls can't keep up :)	[20:40]
smickles	well, it's capital is mpbor + mircea's wallet	[20:40]
Bugpowder_	is it still?	[20:41]
Bugpowder_	I thought its just mpbor now	[20:41]
smickles	yeah, he's 'lender of last resort'	[20:41]
Bugpowder_	still?	[20:41]
smickles	i didn't think it changed	[20:41]
jurov	it didn't happen so often recently, but he's still there	[20:41]
Bugpowder_	maybe he needs to add funds	[20:41]
smickles	well buy my offerings if mpoebot isn't there	[20:42]
jurov	anyway seems it arrived	[20:42]
Bugpowder_	taub Bot is back, check now	[20:42]
smickles	got my new laptop-bought-with-bitcoins	[20:43]
*	Grishnakh (~fraiska@dsl-espbrasgw1-50dfbe-247.dhcp.inet.fi) has joined #bitcoin-assets	[20:43]
smickles	named it "Lappy9001"	[20:43]
Bugpowder_	congrats! from where?	[20:43]
Bugpowder_	I'm still waiting on a shipment for over 2 weeks from bitcoinstore.com	[20:44]
smickles	Bugpowder_: bitcoinstore	[20:44]
Bugpowder_	I think something got fucked up	[20:44]
smickles	was it on backorder?	[20:44]
*	ZedsterX has quit (Remote host closed the connection)	[20:45]
assbot	[MPEX] [O.BTCUSD.C310T] 2 @ 0.60574691 = 1.2115 BTC [+]	[20:45]
*	daybyter has quit (Quit: Konversation terminated!)	[20:45]
jurov	^ selling a bit of my stash every day	[20:46]
smickles	;;calc 31/(1-.6057)	[20:46]
gribble	78.6203398428	[20:46]
Bugpowder_	It was in stock	[20:46]
taub	whose bot is it that puts up the options? :D	[20:47]
taub	mpoe bot	[20:48]
smickles	mpoebot and soebot	[20:48]
smickles	soebot is much smaller than mpoebot	[20:48]
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deadweasel	Bugpowder_: you got that affiliate link/ invitation code for CoinBr?	[20:49]
*	robocoin has quit (Ping timeout: 272 seconds)	[20:49]
deadweasel	I want to check it out, and I want you to get paid for all your PR.	[20:49]
jurov	heh. no other user around?	[20:50]
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Bugpowder_	heyyyy	[20:50]
Bugpowder_	let me make an account first :)	[20:51]
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Bugpowder_	5 minutes...	[20:51]
kakobrekla	O_o	[20:51]
smickles	i think we see fail soon	[20:51]
jurov	... and fund it. no refcode access without funding :D	[20:51]
Bugpowder_	yah sure	[20:51]
kakobrekla	and paying monthly fee	[20:51]
kakobrekla	?	[20:51]
jurov	or maybe i can give you special evangelist account?	[20:52]
deadweasel	give him special account	[20:52]
deadweasel	special account that charges more fees :)	[20:53]
deadweasel	jurov, how many users you have on coinbr nowadays?	[20:53]
jurov	but can't he earn more than 1BTC/year, srsly?	[20:53]
Bugpowder_	heh	[20:54]
deadweasel	i probably can't, Bugpowder_ can.	[20:54]
taub	what does the T and N mean at the end of the option names?	[20:54]
Bugpowder_	depends on my pr skillz	[20:54]
Bugpowder_	THIS month NEXT month	[20:54]
jurov	T expire this month , N next	[20:54]
taub	ok, but you can exercise them anytime right	[20:54]
Bugpowder_	yes	[20:54]
Bugpowder_	at 24hprc	[20:54]
jurov	yes. just usually its' better to sell to mpoebot than exercise	[20:54]
taub	k	[20:55]
Bugpowder_	I think always better to sell to bot	[20:55]
taub	yea 24h price seems to make it hard to use for short term speculation	[20:55]
Bugpowder_	but sometimes bot is down	[20:55]
kakobrekla	how come bot is taking the hit	[20:55]
jurov	http://bitbet.us/bet/39/network-difficulty-under-6-million/ paid ... and i made over 6btc o/	[20:56]
kakobrekla	i should use that site more	[20:57]
deadweasel	!!!! awesome	[20:57]
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*	jurov pays a round	[20:58]
*	smickles records 17xgj1zw44D7uQWBMxYZ4whGaKJA3DDJ53 and 1M2VqN5Rx2T1K1K7kqMASn9vZPcT7Xh7mb	[20:59]
jurov	smickles what? u wanna beer?	[21:00]
smickles	I'll take a beer :D	[21:01]
*	Bugpowder__ (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets	[21:01]
benkay	manhattan por moi	[21:01]
Bugpowder__	Stone IPA plz	[21:01]
smickles	;;gpg info smickles	[21:01]
deadweasel	mcallens 12 pls	[21:01]
gribble	User 'smickles', with keyid EA62D7CEB2450C3F, fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6, registered on Mon Jun 20 12:24:35 2011. http://bitcoin-otc.com/viewgpg.php?nick=smickles . Currently not authenticated.	[21:01]
Bugpowder__	Anyone interested in a Vegas meetup at some point?	[21:02]
smickles	I am if I can get away for a weekend	[21:02]
smickles	vegas is 8hrs away in a car	[21:02]
Bugpowder__	I was thinking of getting a suite at the Aria with some friends that I got into bitcoin	[21:03]
jurov	anyone else wants a beer?	[21:03]
Bugpowder__	after cashing out a bit.	[21:03]
deadweasel	i'm also 3000 miles away	[21:03]
Bugpowder__	send beer here : 15P1P2XXtB3ANXzKM9a3WsAYwWBQMQS8S8	[21:03]
*	Bugpowder_ has quit (Ping timeout: 245 seconds)	[21:03]
smickles	sweet, thanks jurov :D	[21:04]
deadweasel	send single malt here: 1GdtkZzhZTzBssUq6bnE27cz4rv5SJ4sr5	[21:04]
deadweasel	:D	[21:04]
benkay	makers here: 1PKN13yoE1djfh7c4frx5kjiUhTRABkCxZ	[21:05]
deadweasel	Bugpowder__: got that evangelist account link yet?	[21:05]
taub	1CbcoatRNRj3tGY9G6nXqf143o8Vzd4rmA cheers	[21:05]
jurov	he did not ask. but got a beer instead	[21:05]
Bugpowder__	I'm getting drunk off this 6pack	[21:06]
Bugpowder__	tonight	[21:06]
jurov	cheers! round closed.	[21:06]
Bugpowder__	I sent funds... waiting for it	[21:06]
*	awkorama has quit (Quit: Leaving.)	[21:07]
deadweasel	Bugpowder__: np, thanks! just msg me when you get it, i'l use it when I get home.	[21:07]
deadweasel	jurov, thanks!	[21:07]
taub	ty	[21:07]
*	awkorama (~awk@dial-95-105-156-78-orange.orange.sk) has joined #bitcoin-assets	[21:07]
jurov	basically the bet was a hedge to back iDiff-O offering	[21:08]
jurov	but things went lucky so that diff law low when iDiff expired and jumped up before the bet resolved	[21:08]
jurov	so, free money :)	[21:09]
Bugpowder__	heheh	[21:09]
jurov	btw, your depiosit was credited	[21:12]
assbot	[HAVELOCK] [VTX] 1 @ 0.7381 BTC [-]	[21:13]
kakobrekla	was it credited with the beer money? :)	[21:13]
Bugpowder__	jurov: how do I find the referral code	[21:13]
deadweasel	I love your BETA mermaid!	[21:13]
jurov	click on Profile	[21:13]
Bugpowder__	kewl, you can order anything on coiner!	[21:13]
kakobrekla	i had a beta fish	[21:14]
kakobrekla	never turned humanish	[21:14]
jurov	mp should prolly replace NAT.ROUTERS with S.BEER	[21:14]
Bugpowder__	deadweasel: Invite code is t1vLT2E7SK	[21:14]
Bugpowder__	anyone else feel free to use it!	[21:14]
Bugpowder__	so I can get rich	[21:14]
Bugpowder__	off the labors of others.	[21:14]
jurov	u filthy rentier	[21:15]
*	jurov calls kettle black	[21:15]
assbot	[BTCTC] [BASIC-MINING] 1 @ 0.34999 BTC [+]	[21:15]
Bugpowder__	Noice.... 2 factor auth	[21:16]
Bugpowder__	via google or wallet	[21:16]
Bugpowder__	5 starts	[21:16]
Bugpowder__	stars	[21:16]
deadweasel	Bugpowder__: thanks!	[21:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74998 BTC [-]	[21:18]
jurov	deadweasel, the plan is for mermaid to stay: http://bitcoin-assets.com/static/coinbr-248x50.png	[21:19]
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deadweasel	jurov: just funded my account. nice I like the logo!	[21:19]
MJR_	i like the mermaid	[21:20]
*	[\] has quit (Ping timeout: 272 seconds)	[21:20]
jurov	but it's also warning, don't heed the calls of the sirens :)	[21:20]
MJR_	yes	[21:21]
deadweasel	strap me to the mast with rope, plug your ears with seaweed, and ROW ON!	[21:21]
MJR_	i had all my friends stuff wax in their ears, but i just tied myself to the mast	[21:21]
*	Descry (~Descry@smart.twinriver.esu7.org) has joined #bitcoin-assets	[21:21]
deadweasel	wax	[21:22]
MJR_	you beat me	[21:22]
MJR_	high five for odyssey references	[21:22]
deadweasel	o/	[21:22]
*	LainZ has quit (Ping timeout: 245 seconds)	[21:24]
assbot	[MPEX] [S.MPOE] 7431 @ 0.00063815 = 4.7421 BTC [-]	[21:26]
deadweasel	To all passthrough operators: Have your largest gains come from IPO offerings?	[21:26]
*	diana_coman (~diana_com@2.24.215.80) has joined #bitcoin-assets	[21:27]
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*	dub wonders if mcallens are as good as macallan malts	[21:38]
assbot	[MPEX] [S.MPOE] 6419 @ 0.00063815 = 4.0963 BTC [-]	[21:38]
assbot	[MPEX] [S.MPOE] 15184 @ 0.00064816 = 9.8417 BTC [+]	[21:38]
*	Ukto has quit (Excess Flood)	[21:39]
*	Ukto (~Kami-Sama@99-30-79-193.lightspeed.rcsntx.sbcglobal.net) has joined #bitcoin-assets	[21:39]
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mircea_popescu	MPEX could not be easier to use, once you learn how to use it <<< this.	[21:45]
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assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.10895 BTC [+]	[21:47]
assbot	[BTCTC] [BTC-BOND] 1 @ 0.009989 BTC [-]	[21:47]
assbot	[MPEX] [O.BTCUSD.C750T] 1 @ 0.07287477 BTC [+]	[21:47]
assbot	[MPEX] [O.BTCUSD.C750T] 1 @ 0.07282198 BTC [-]	[21:50]
deadweasel	dub... i just know how to enjoy it, not spell it.	[21:52]
assbot	[BTCTC] [ASICMINER-PT] 27 @ 0.74001 = 19.9803 BTC [-]	[21:53]
assbot	[BTCTC] [PAJKA.BOND] 1 @ 0.09 BTC [-]	[21:53]
Bugpowder__	nobody taking me up on the asicminer offer	[21:54]
Bugpowder__	i wonder why?	[21:54]
deadweasel	what's your offer?	[21:54]
deadweasel	also isn't AM rather over-valued now that they are paying themselves?	[21:54]
Bugpowder__	loan me your shares	[21:55]
Bugpowder__	I pay you 1.05x dividends	[21:55]
deadweasel	oh, my bad. ain't got none.	[21:55]
Bugpowder__	and give the shares back	[21:55]
Bugpowder__	in a month or two	[21:55]
deadweasel	but I did use your affiliate link.	[21:55]
Bugpowder__	tx	[21:55]
dub	deadweasel: yeah pretty good stuff, I've got one of the oaked expression s	[21:57]
deadweasel	is that the 10 year fine oak?	[21:58]
jcpham	what is the asicminer offer	[21:58]
deadweasel	i had that last, good stuff. but then I had the 12, and remembered why it's more.	[21:58]
Bugpowder__	"WARNING: This OP's account was well known and active on the Something Awful forums, in the anti-bitcoin threads in both GBS and YOSPOS (the username was changed recently). Everything /u/PaidGovernmentShill is saying should be treated with extreme skepticism until ample proof is given."	[21:58]
Bugpowder__	maybe SR is not exposed.	[21:58]
deadweasel	jcpham: offer to lend Bugpowder__ your AM shares, he pays you 1.05x divs	[21:59]
dub	deadweasel: not sure	[21:59]
deadweasel	they grey box?	[21:59]
deadweasel	s/they/the	[21:59]
mircea_popescu	lmao	[22:00]
mircea_popescu	don't tell me somethingbawful is stupid enough to imagine	[22:01]
mircea_popescu	"they shall crash bitcoin and save the day"	[22:01]
mircea_popescu	by means of reddit posting	[22:01]
assbot	[MPEX] [O.BTCUSD.P750T] 8 @ 0.05118997 = 0.4095 BTC [-]	[22:01]
deadweasel	time to leave work. adios y'all! keep makin' money!	[22:01]
assbot	[MPEX] [O.BTCUSD.C750T] 1 @ 0.07284474 BTC [+]	[22:01]
dub	deadweasel: I think this one http://www.thewhiskyexchange.com/P-11812.aspx	[22:02]
assbot	[MPEX] [O.BTCUSD.P750T] 7 @ 0.05055601 = 0.3539 BTC [-]	[22:06]
*	beetlebee has quit (Ping timeout: 245 seconds)	[22:08]
smickles	;;calc 75/1.05055	[22:10]
gribble	71.3911760506	[22:10]
assbot	[MPEX] [O.BTCUSD.C750T] 1 @ 0.07324674 BTC [+]	[22:11]
assbot	[MPEX] [O.BTCUSD.P750T] 7 @ 0.05005851 = 0.3504 BTC [-]	[22:12]
*	tbcoin (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[22:15]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.744 BTC [+]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.743 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.742 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.741 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.74 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.73801 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.738 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7191 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.695 = 1.39 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 20 @ 0.6502 = 13.004 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.6501 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.6501 = 1.9503 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.65 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.61002 = 1.8301 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.6 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 19 @ 0.6 = 11.4 BTC [-]	[22:17]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.59998 BTC [-]	[22:17]
*	TheSeven keeps getting reports of assbot flooding channels :P	[22:18]
*	Lyspooner (~chatzilla@unaffiliated/mpkomara) has joined #bitcoin-assets	[22:21]
assbot	[HAVELOCK] [VTX] 2 @ 0.7056 = 1.4112 BTC [-]	[22:21]
assbot	[HAVELOCK] [VTX] 3 @ 0.7 = 2.1 BTC [-]	[22:21]
Bugpowder__	WELL THEN	[22:21]
Bugpowder__	so much for borrowing asicminer and selling for .85	[22:22]
*	saulimus has quit (Quit: saulimus)	[22:22]
dub	yo, anyone want to borrow some asicminer?	[22:22]
KRS1	bugpowder: do you have a link to your asicminer offer?	[22:22]
dub	;;bc,nethash	[22:24]
gribble	51891.838511036272	[22:24]
*	thepok (~thepok@068-112-109-134.csn.tu-chemnitz.de) has joined #bitcoin-assets	[22:24]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.69999 BTC [+]	[22:24]
*	tbcoin has quit (Remote host closed the connection)	[22:24]
Bugpowder__	https://bitcointalk.org/index.php?topic=158780.msg1677534#msg1677534	[22:24]
assbot	[BTCTC] [ASICMINER-PT] 1 @ 0.7 BTC [+]	[22:25]
*	_Cristian (~Cristian@unaffiliated/-cristian/x-6187718) has joined #bitcoin-assets	[22:25]
KRS1	borrow some asicminer?	[22:25]
*	tbcoin (~tbcoin@mailserver.idecnet.com) has joined #bitcoin-assets	[22:26]
toffoo	Bugpowder__: I've been thinking about replying to your offer	[22:27]
Bugpowder__	I'm thinking about cancelling it	[22:27]
Bugpowder__	act fast!	[22:27]
Bugpowder__	:)	[22:27]
toffoo	i guess there's still some bids on bitfunder,	[22:27]
toffoo	but with all the manual movements, pt creatations, etc. you probably won't be able to do anything too fast	[22:28]
KRS1	i don't know enough about this, im still trying to structure my investment	[22:28]
Bugpowder__	I'd rather just deal with existing PT funds	[22:28]
Bugpowder__	than ASICMINER itself	[22:29]
toffoo	right, i'd have to create them, i got the real things	[22:29]
ThickAsThieves	;;ticker	[22:29]
gribble	BTCUSD ticker \| Best bid: 77.39000, Best ask: 77.44000, Bid-ask spread: 0.05000, Last trade: 77.39000, 24 hour volume: 58618.02997539, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.81664	[22:29]
ThickAsThieves	I leave you guys for a few hours and you can't even get the price to 80? cmon	[22:29]
Bugpowder__	yah I'll do bitfunder still	[22:29]
ThickAsThieves	;;bc,stats	[22:29]
gribble	Current Blocks: 228159 \| Current Difficulty: 6695826.282596251 \| Next Difficulty At Block: 229823 \| Next Difficulty In: 1664 blocks \| Next Difficulty In About: 1 week, 3 days, 8 hours, 2 minutes, and 58 seconds \| Next Difficulty Estimate: 6975914.74409 \| Estimated Percent Change: 4.18303	[22:29]
dub	buttfunder is even harder than btct	[22:30]
assbot	[MPEX] [S.MPOE] 1000 @ 0.00063516 = 0.6352 BTC [-]	[22:30]
assbot	[MPEX] [S.MPOE] 7200 @ 0.00062873 = 4.5269 BTC [-]	[22:30]
mircea_popescu	Bugpowder__ late :D	[22:30]
dub	you need a weex account, tickle ukyo's balls, expose yourself to serial scamee DT	[22:30]
Bugpowder__	blah	[22:30]
Bugpowder__	hmmm they have puts on the price though	[22:31]
Bugpowder__	heheh	[22:31]
Bugpowder__	maybe I'll just do that	[22:31]
Bugpowder__	nah	[22:32]
Bugpowder__	not enough liquidity to make it worth it	[22:32]
Ukto	dub: how is bitfunder hard?	[22:32]
Ukto	and wha serial scams are you refering to ?	[22:32]
ThickAsThieves	jokes	[22:33]
dub	don't you need an acct on weex to use bf?	[22:33]
Ukto	correct. what about that is "hard"? unless clicking some buttons is "difficult"	[22:33]
dub	well its an extra account to have for no appreciable reason	[22:33]
Ukto	there are many reasons	[22:34]
Ukto	ranging from security and so on	[22:34]
dub	lol	[22:34]
mircea_popescu	Ukto what's your take on the entire fincen thing btw ?	[22:34]
mircea_popescu	re weex	[22:34]
Ukto	mircea_popescu: its great news.	[22:34]
Ukto	doestne ffect weex	[22:34]
Ukto	weex is not in the us	[22:34]
Ukto	its AU	[22:34]
dub	also you have to trust some guy with an anime avatar.. sheesh	[22:34]
Ukto	dub: evil world dominating anime avatar	[22:35]
Ukto	:)	[22:35]
Lyspooner	mircea_popescu have you said anything about fincen yet?	[22:35]
Ukto	fincen has shown it will not make an enemy of bitcoin and specified how to do it legal	[22:35]
mircea_popescu	Lyspooner yes. i have said "here is fincen saying what I said back in october and all the reddit "lawyers" laughed at"	[22:35]
Lyspooner	what did you say in october	[22:37]
mircea_popescu	they should bake me pies.	[22:37]
*	tbcoin_ (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[22:37]
mircea_popescu	http://polimedia.us/trilema/2012/the-reasons-why-bitcoin-securities-cant-be-regulated-by-the-sec/	[22:37]
*	tbcoin has quit (Ping timeout: 245 seconds)	[22:40]
Ukto	well, they require licensing if your a us based exchange.	[22:41]
Ukto	thats really about it	[22:41]
Ukto	they tried to touch on directly selling ecurrenc for $$ (local/direct trades)	[22:41]
*	tbcoin_ has quit (Remote host closed the connection)	[22:41]
Ukto	but they cant really enforce it.	[22:41]
Ukto	i think it was put in there to make someone shut up	[22:41]
Ukto	who was bothering them	[22:42]
Ukto	:P	[22:42]
*	tbcoin (~tbcoin@mailserver.idecnet.com) has joined #bitcoin-assets	[22:42]
MJR_	fuck that was a boring day	[22:42]
Ukto	its like how copying vhs's was illegal	[22:42]
MJR_	yes, exactly	[22:42]
benkay	and let's be real here for a half damn second if you want to play in this space in the us it means licensing	[22:45]
benkay	anyone who says otherwise and tries to operate out of the us will likely get their face stomped in	[22:45]
toffoo	eventually	[22:45]
benkay	you'll note that most people in the space are operating from outside the us	[22:45]
benkay	there are some idiots here who are doing things to some degree or another	[22:46]
benkay	but nobody playing in the big bad scawwy assets space	[22:46]
benkay	herr popescu aside but see above	[22:46]
Bugpowder__	77.5 eaten	[22:50]
*	Bowjob (4b9d1e75@gateway/web/freenode/ip.75.157.30.117) has joined #bitcoin-assets	[22:51]
Bowjob	;;ticker	[22:51]
gribble	BTCUSD ticker \| Best bid: 77.77125, Best ask: 77.98000, Bid-ask spread: 0.20875, Last trade: 77.98000, 24 hour volume: 60339.76121126, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.84286	[22:51]
_Cristian	benkay: what's with popescu?	[22:52]
benkay	_Cristian what about?	[22:52]
_Cristian	you mentioned him earlier and I was curious to find out more	[22:52]
benkay	you must be blue here	[22:53]
benkay	http://mpex.co	[22:53]
benkay	his shop[	[22:53]
Bugpowder__	Ukto, so if I buy puts on ASICMINER on bitfunder. When I execute the puts, do I get the difference between the last price and the strike price or what?	[22:53]
benkay	bugpowder it's a 24hr vwap	[22:53]
benkay	iirc	[22:53]
Bugpowder__	;;ticker	[22:53]
mircea_popescu	haha 24hr vwap ftw.	[22:53]
gribble	BTCUSD ticker \| Best bid: 78.12474, Best ask: 78.20340, Bid-ask spread: 0.07866, Last trade: 78.12474, 24 hour volume: 60030.23352097, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.85850	[22:53]
_Cristian	benkay: and is it trustworthy?	[22:53]
Bugpowder__	78.5	[22:53]
*	tiberiusiv (~tiberiusi@gateway/tor-sasl/tiberiusiv) has joined #bitcoin-assets	[22:53]
benkay	_Cristian you have to make that call on your own	[22:53]
Bugpowder__	sup tiberiusiv	[22:53]
mircea_popescu	"A cat can survive fall from height of hundreds of Cheap Ray Bans Glasses feet."	[22:54]
mircea_popescu	today i learned.	[22:54]
benkay	did you read about the guy running loads of free porn sites to drive up pageviews on his health sites for impressionfraud?	[22:55]
*	MJR_III has quit (Ping timeout: 252 seconds)	[22:55]
benkay	itty bitty little iframes all over the porn sites	[22:56]
Ukto	Bugpowder__: sorry in depth programming atm	[22:56]
*	bitesak (b2c1ee1b@gateway/web/freenode/ip.178.193.238.27) has joined #bitcoin-assets	[22:56]
benkay	programmed to make 1 visitor to the porn site look like 1 visitor exploring the other sites	[22:56]
Ukto	Bugpowder__: if you execute a put, you get (amount) * (strike price[aka trade price])	[22:57]
Ukto	or you get amount	[22:57]
Ukto	depending on if its a call or a put	[22:57]
Bugpowder__	Do I need to own shares to buy a put?	[22:57]
Bugpowder__	or to exercise a put?	[22:58]
Bugpowder__	HERE WE GO	[22:58]
Bowjob	i got richer while i slept	[22:59]
Bowjob	mhm	[22:59]
kakobrekla	go back to sleep	[22:59]
Bowjob	i know, i should be sleeping normally at this hour	[23:00]
Bowjob	:/	[23:00]
Bowjob	UPS charged me an exorbitant fee for my headphones, grr	[23:00]
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*	beetlebee (4f727cbd@gateway/web/freenode/ip.79.114.124.189) has joined #bitcoin-assets	[23:01]
Namworld	How much richer?	[23:02]
Bowjob	not much like you guys, only have a few btc	[23:03]
Namworld	Good enough	[23:04]
*	_Cristian (~Cristian@unaffiliated/-cristian/x-6187718) has left #bitcoin-assets	[23:04]
Bowjob	but that $21.00 brokerage stung. wtf	[23:05]
assbot	[MPEX] [O.BTCUSD.C750T] 2 @ 0.07590368 = 0.1518 BTC [+]	[23:07]
benkay	whatchoo talkin about bowjob?	[23:07]
benkay	broker fees on coinbr?	[23:08]
assbot	[BTCTC] [ASICMINER-PT] 3 @ 0.699 = 2.097 BTC [-]	[23:08]
Bowjob	nah, UPS.. I got something shipped	[23:08]
Bowjob	If it was USPS there wouldnt be brokerage	[23:08]
*	Bowjob has quit (Quit: Page closed)	[23:10]
benkay	what do you mean by brokerage?	[23:11]
*	tbcoin has quit (Remote host closed the connection)	[23:11]
assbot	[BTCTC] [ASICMINER-PT] 6 @ 0.7 = 4.2 BTC [+]	[23:11]
benkay	the shipping cost?	[23:11]
dub	he left	[23:11]
benkay	well.	[23:11]
dub	possibly customs brokerage though	[23:11]
*	tbcoin (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[23:11]
dub	theres an insidious form of idiot tax I've encountered where customs try to push you through a brokerage to pay sales tax	[23:16]
*	tbcoin has quit (Remote host closed the connection)	[23:17]
*	tbcoin (~tbcoin@mailserver.idecnet.com) has joined #bitcoin-assets	[23:17]
*	LainZ (~LainZ@nan92-8-88-178-252-103.fbx.proxad.net) has joined #bitcoin-assets	[23:18]
*	bizz (4e00c682@gateway/web/freenode/ip.78.0.198.130) has joined #bitcoin-assets	[23:18]
Bugpowder__	;;bids 75	[23:19]
gribble	There are currently 11005.086 bitcoins demanded at or over 75.0 USD, worth 834370.275355 USD in total. \| Data vintage: 15.6584 seconds	[23:19]
Bugpowder__	pressure is building....	[23:19]
Namworld	yeah	[23:21]
Namworld	lotta pressure...	[23:21]
benkay	chart?	[23:23]
jurov	Bugpowder__: you can keep the tesla. http://www.wired.com/autopia/2013/03/mercedes-benz-sls-electric/#slideid-56056	[23:24]
Bugpowder__	need space for the carseat.	[23:25]
*	bizz has quit (Quit: Page closed)	[23:25]
dub	as are european ones	[23:26]
Lyspooner	http://www.reddit.com/r/Bitcoin/comments/1b2diz/bitcoinica_liquidation_it_is_likely_that_any/	[23:26]
benkay	us market topped in july	[23:27]
benkay	'11	[23:27]
benkay	btc bubble popped in oct	[23:27]
Bugpowder__	US market has not topped yet	[23:27]
dub	not sure that was related to any market	[23:28]
assbot	[BTCTC] [ASICMINER-PT] 2 @ 0.7 = 1.4 BTC [+]	[23:28]
Bugpowder__	BTC is pretty uncorrleated I would say	[23:29]
dub	other than the one that got hacked, had all its coins sold off and destroyed confidence in btc in generall	[23:29]
jurov	us is irrelevent	[23:30]
jurov	everyone waits for govt to verify them	[23:30]
jurov	it's drive by eu atm	[23:30]
benkay	listen to the orthodoxy	[23:31]
jurov	so this rally last 2 weeks is caused by usd doing something?	[23:32]
jurov	there should have been a peak in also 2009 then, no?	[23:35]
jurov	..er..2010 i mean	[23:35]
assbot	[BTCTC] [ASICMINER-PT] 100 @ 0.65 = 65 BTC [-]	[23:36]
jurov	so you are shorting, right?	[23:36]
Bugpowder__	looks like you are having trouble predicting the past	[23:37]
*	DeaDTerra has quit ()	[23:38]
jurov	now why do you think that is?	[23:38]
jborkl	so by your terms, bitcoin will stop going up when the fed stops printing money, which will be never	[23:40]
jborkl	both US stocks and BTC will top out roughly the same time	[23:41]
jurov	and where else will the money go to, then?	[23:41]
jborkl	that is what you said, which is patently wrong	[23:41]
jurov	the herd will start buying usg bonds? puhleaze	[23:42]
jborkl	800 million market cap for bitcoins, in the world economy is exactly shit	[23:42]
jborkl	.000000001 percent	[23:42]
jborkl	maybe less	[23:42]
*	Schadenfreude (~m@77.117.247.123.wireless.dyn.drei.com) has joined #bitcoin-assets	[23:42]
jborkl	lol, ok we	[23:43]
jborkl	network hash rate is more important and adoption	[23:43]
jurov	what fundamentals it did have?	[23:44]
jborkl	Friday is coming up- worried about your options?	[23:44]
jborkl	does not matter to me	[23:44]
Lyspooner	how many of the 60,000 75puts did mircea_popescu buy?	[23:45]
jurov	certainly did not have an adoption in 2011	[23:45]
jborkl	dollar liquidity is a oxymoron	[23:45]
jurov	how can dollar liquidity tighten i current situation, i ask again?	[23:46]
jurov	and 2012 was adoption by scammers, real business adoption started only in recent months	[23:46]
jborkl	pointless argument, deflactionary currency compared to static supply	[23:46]
jborkl	deflationay	[23:47]
jborkl	nm	[23:47]
jurov	but how will credit contract? all these bad mortgages will magically get repaid?	[23:47]
*	Chilca has quit (Remote host closed the connection)	[23:47]
jurov	or bernanke will burn heaps of usd bannotes?	[23:47]
jborkl	add more 0'z to world debt	[23:47]
jborkl	0's	[23:47]
*	tbcoin has quit (Remote host closed the connection)	[23:48]
assbot	[BTCTC] [ASICMINER-PT] 7 @ 0.7 = 4.9 BTC [+]	[23:48]
jurov	ELI5 what is the credit contraction you're esposuing	[23:48]
Diablo-D3	yeah but tiberiusiv	[23:48]
Diablo-D3	you're forgetting one thing	[23:49]
*	tbcoin (~tbcoin@81.61.86.183.dyn.user.ono.com) has joined #bitcoin-assets	[23:49]
Diablo-D3	no one cares about the dollar anymore	[23:49]
Diablo-D3	tiberiusiv: WRONG	[23:49]
Diablo-D3	WRONG WRONG WRONG	[23:49]
jborkl	lol, I am out	[23:49]
Diablo-D3	he does NOT report to the treasury	[23:49]
Diablo-D3	the federal reserve is NOT part of the treasury	[23:49]
Diablo-D3	[05:48:50] bernanke can only create dollars as long as the treasury market lets him.	[23:50]
TheSeven	this channel is tripping my spam protection bot's flooding threshold :P	[23:50]
Diablo-D3	you said this	[23:50]
TheSeven	BOMB market? :P	[23:50]
Diablo-D3	[05:48:50] bernanke can only create dollars as long as the treasury market lets him.	[23:50]
jurov	"Credit contractions are attempts to minimize or limit the amount of credit that is currently available to consumers." <<< but it's NOT possible anymore	[23:50]
Diablo-D3	thats what you said	[23:50]
Diablo-D3	the federal reserve does not issue bonds, so I dont understand what you're getting at	[23:50]
jborkl	they can't stop , or the bond traders don't get paid $20 mil for the year	[23:50]
jborkl	so, they don't give a shit	[23:50]
Diablo-D3	bernake reports to the 5 largest banks in the world	[23:51]
Diablo-D3	(which also happen to be the 5 largest banks in the US)	[23:51]
Diablo-D3	tiberiusiv: no, if he doesn't do what hes told by the federal reserve board he is fired and replaced	[23:51]
Diablo-D3	the 5 largest banks tell him to keep printing money illegally	[23:51]
Diablo-D3	the federal reserve does not have authorization from the US Federal government to print money	[23:52]
jurov	i repeat, bernanke can't get away with not extending credit anymore	[23:52]
jborkl	and who exactly rates AAA credit? LOLOLOL	[23:52]
jborkl	fail	[23:52]
jborkl	fail	[23:52]
Diablo-D3	lol	[23:53]
Diablo-D3	the two largest bond rater agencies are afraid of lowering the US credit rating	[23:53]
Bugpowder__	"21.19 Cyprus Finance Minister Michael Sarris has said uninsured Laika depositors could face an 80pc haircut, and might have to wait up to seven years for a payout."	[23:53]
Diablo-D3	they dont want to die	[23:53]
ThickAsThieves	worst thing about putting someone on ignore is when no one else does	[23:53]
Bugpowder__	80% HAIRCUT	[23:53]
Diablo-D3	ThickAsThieves: you ignored tiberiusiv?	[23:53]
ThickAsThieves	i go back and forth	[23:54]
Diablo-D3	ThickAsThieves: well, I did too	[23:54]
ThickAsThieves	when i dont understand whats going on i have to turn him back on	[23:54]
Diablo-D3	tiberiusiv refuses to read the constitution	[23:54]
Diablo-D3	thats not my problem	[23:54]
jborkl	US is not AAA - fail	[23:54]
jborkl	AA outlook negative	[23:54]
jborkl	fail	[23:55]
ThickAsThieves	;;estimate	[23:55]
gribble	Next difficulty estimate \| 6940247.63172 based on data since last change \| 7288653.72639 based on data for last three days	[23:55]
ThickAsThieves	;;ticker	[23:55]
gribble	BTCUSD ticker \| Best bid: 78.49000, Best ask: 78.49001, Bid-ask spread: 0.00001, Last trade: 78.49001, 24 hour volume: 61542.22530806, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.94045	[23:55]
Bugpowder__	the market says Treasuries are safe relative all the other shit out there	[23:55]
jborkl	dollar printing is highest in history	[23:55]
Bugpowder__	not that they are AAA	[23:55]
Bugpowder__	currency of last resort is the dollar	[23:55]
Namworld	Stupid dollar printing..	[23:55]
Bugpowder__	tiberiusiv: if you can get away with it, why not	[23:56]
Namworld	People getting taxed, really.	[23:56]
Namworld	Who needs taxes when you can print money?	[23:56]
jborkl	Robbed, exactly	[23:56]
Bugpowder__	gov will run up the debt until market forces them not to	[23:56]
Bugpowder__	there is no credible alternative reserve currency	[23:56]
Bugpowder__	yet	[23:56]
jborkl	so your argument for bitcoin is wrong - as you just stated	[23:56]
jborkl	can not rise, because interest rates would go up- then they can't pay the bills- already in a death spiral	[23:57]
jborkl	just really slow	[23:57]
*	bitesak has quit (Ping timeout: 245 seconds)	[23:57]
jborkl	really really slow	[23:57]
jborkl	so, peoople are going to sell bitcoins to convert to $ to pay bills?	[23:58]
Bugpowder__	I really think that BTC is not being driven by macro liquidity right now, but speculative fever and capital flight	[23:58]
Diablo-D3	Bugpowder__: I believe it is liquidity	[23:59]
Bugpowder__	it is an implausible reserve currency, that gains a little more traction each day.	[23:59]
jurov	tiberiusic, so you really think ppl will start selling btc and buying US treasury bonds anytime???	[23:59]
Bugpowder__	anyway. Nobody cares that cyprus just said 80% haircut over 100k now?	[23:59]
jurov	you imply they will	[23:59]
jborkl	I am not concerned with price movement now, I got in - if it goes back to 30 or 40 w/e	[23:59]

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