Forum logs for 14 Feb 2013
Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
Diablo-D3 | clearly he is wrong | [00:00] |
mjr_ | importData(http://live.coinbr.com/last?mpsic=S.MPOE)["last"][3] | [00:00] |
mjr_ | that should work i think, but it doesn't | [00:00] |
mjr_ | i keep getting parse error | [00:01] |
assbot | [BTCTC] [GSDPT] 10 @ 0.006 = 0.06 BTC [-] | [00:02] |
Lyspooner | hi truffles | [00:04] |
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assbot | [BTCTC] [S.MPOE-PT] 10 @ 0.00067 = 0.0067 BTC [-] | [00:09] |
mircea_popescu | "I already get enough shit because the general public think the legal adult industry and the illegal adult industry are all the same. I'm not asking for a second helping." | [00:09] |
mircea_popescu | wait, what ?! | [00:09] |
assbot | [HAVELOCK] [HIM] 1 @ 14.1 BTC [+] | [00:10] |
assbot | [HAVELOCK] [SDICE] 7 @ 0.7499998 = 5.25 BTC [+] | [00:11] |
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awkorama | evening gentlemen | [00:14] |
* | JWU42 (~JW@unaffiliated/subpar) has joined #bitcoin-assets | [00:15] |
iz | there's another joke like that w/ a punchline of the wallet turning into a suitcase if you rubbed it a little | [00:15] |
iz | like the dude saved foreskins and made leather goods out of them | [00:16] |
mircea_popescu | "If MP has any dirty laundry such as child sex charges or other things it will be found by SA. Then MP can be right up there with such luminaries as Bruce Wagner." | [00:18] |
mircea_popescu | srsly, the forum :D | [00:18] |
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assbot | [HAVELOCK] [SDICE] 4 @ 0.7499998 = 3 BTC [+] | [00:26] |
assbot | [MPEX] [S.DICE] 1000 @ 0.00598093 = 5.9809 BTC [-] | [00:26] |
assbot | [MPEX] [S.DICE] 50 @ 0.00598092 = 0.299 BTC [-] | [00:26] |
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awkorama | I was rubbing my wallet.dat a little and it didn't change to any suitcase. | [00:28] |
* | awkorama has quit (Quit: Leaving.) | [00:33] |
assbot | [MPEX] [S.MPOE] 2600 @ 0.0006442 = 1.6749 BTC [-] | [00:34] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064135 = 2.7713 BTC [-] | [00:34] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064126 = 2.7709 BTC [-] | [00:35] |
assbot | [MPEX] [S.MPOE] 7808 @ 0.00064111 = 5.0058 BTC [-] | [00:35] |
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mircea_popescu | http://mpex.co/ | [00:48] |
mircea_popescu | new header :D | [00:48] |
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assbot | [MPEX] [S.MPOE] 3445 @ 0.00064111 = 2.2086 BTC [-] | [00:55] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063943 = 2.763 BTC [-] | [00:55] |
assbot | [MPEX] [S.MPOE] 3084 @ 0.00063942 = 1.972 BTC [-] | [00:55] |
assbot | [MPEX] [S.MPOE] 3084 @ 0.00063942 = 1.972 BTC [-] | [00:55] |
* | toffoo has quit () | [00:57] |
Bugpowder | 3 hours of waiting in the Burning Man ticket queue. | [00:59] |
Bugpowder | sux | [00:59] |
wao | lal | [00:59] |
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mircea_popescu | i've never waited in a queue. | [01:02] |
assbot | [MPEX] [S.DICE] 5 @ 0.00609587 = 0.0305 BTC [+] | [01:02] |
mircea_popescu | why the fuck would you ?! | [01:02] |
jurov | hm, looking to the site, do you ask "I understand that I will be required to pay 30 BTC" to be written in chinese/farsi FAQ, too? | [01:02] |
kakobrekla | > The only Bitcoin service that has never been hacked. | [01:02] |
kakobrekla | lies. | [01:02] |
pigeons | ;;google youtube les claypool burning man | [01:02] |
gribble | Hey Are Ya Goin to Burning Man - Claypool / Electric ... - YouTube: |
[01:02] |
Bugpowder | online queue | [01:02] |
mircea_popescu | jurov no, foreigners get off easy | [01:02] |
mircea_popescu | Bugpowder o thought you were checking on mobile | [01:02] |
mircea_popescu | foursquare style | [01:02] |
assbot | [MPEX] [S.DICE] 45 @ 0.00609587 = 0.2743 BTC [+] | [01:03] |
Bugpowder | nope | [01:03] |
mircea_popescu | kakobrekla ya well! lies & drama back bitcoin | [01:03] |
Bugpowder | I refreshed the initial page to slow and got in line 1 minute after it opened | [01:03] |
mircea_popescu | lol | [01:03] |
Bugpowder | now a 3 hour wait | [01:03] |
Bugpowder | my friend got his in 10 minutes. | [01:03] |
Bugpowder | fuc | [01:03] |
jurov | lol it's like... in motorests in austria, there are slovak warnings "to use toilet you have to pay". slovak only. | [01:03] |
mircea_popescu | hahaha | [01:04] |
mircea_popescu | slovakistan!!! | [01:04] |
mircea_popescu | jurov but honestly : it is in the farsi faq | [01:05] |
mircea_popescu | and the chinese one has a guy doing it anyway | [01:05] |
mircea_popescu | also http://www.stripperweb.com/forum/showthread.php?173251-Have-you-heard-of-this-new-currency-and-way-of-getting-paid-called-Bitcoins this is kinda funny. | [01:05] |
kakobrekla | Banned | [01:06] |
mircea_popescu | what ?! | [01:07] |
kakobrekla | the author was banned | [01:07] |
kakobrekla | from the forums | [01:07] |
mircea_popescu | o yeah | [01:08] |
mircea_popescu | some bitcoin tard "educating" a buncha strippers about bitcoin | [01:09] |
mircea_popescu | it ended up something like, random bitcointalk dood walks into a forum populated by 5000 mpoeprs | [01:09] |
jurov | 5000 mpoeprs *wipes monitor* | [01:09] |
mircea_popescu | damn straight | [01:10] |
mircea_popescu | but seriously now : somebody should make a bitcoin based webcam programme. | [01:10] |
mircea_popescu | that industry is currently fucked in the ass by HIRE | [01:11] |
mircea_popescu | on top of all the other nonsense. | [01:11] |
kakobrekla | HIRE? | [01:14] |
mircea_popescu | yes. | [01:14] |
kakobrekla | whats that | [01:14] |
mircea_popescu | the mericans came up with this really retarded idea whereby anyone sending money into the us has to also apply the us laws to their customers | [01:14] |
mircea_popescu | which is why most non-us banks aren't actually dealing with transfers towards the us anymore | [01:15] |
mircea_popescu | and to top it all off next year ALL transfers will have to be charged 30% tax | [01:15] |
mircea_popescu | regardless if they're taxable or not. | [01:15] |
Bugpowder | wat? | [01:16] |
Bugpowder | 30% wat? | [01:16] |
mircea_popescu | 30% fuck you fee. | [01:16] |
Bugpowder | link? | [01:16] |
mircea_popescu | srsly. if you're an american and have a foreign bank account | [01:16] |
mircea_popescu | you will be charged on all transfers. | [01:16] |
kakobrekla | what does this have to to with free trade talkings that i posted about today | [01:16] |
mircea_popescu | http://www.bracewellgiuliani.com/news-publications/updates/hire-act-2010-increases-need-international-tax-compliance | [01:17] |
mircea_popescu | this is pretty old shit ? | [01:17] |
pigeons | many countries and banks don't allow american customers | [01:17] |
kakobrekla | 13 February 2013: EU and US free-trade talks launched | [01:18] |
Bugpowder | this is only if they don't report who the account owner is | [01:18] |
kakobrekla | any realation to that' | [01:18] |
Bugpowder | there is no withholding if they do report it seems | [01:18] |
mircea_popescu | kakobrekla not much really. | [01:18] |
mircea_popescu | Bugpowder guess who is going to report ? | [01:18] |
Bugpowder | just applying pressure to Switz | [01:18] |
mircea_popescu | nah, by now the incentives just aren't there. | [01:18] |
mircea_popescu | much cheaper to cut the us loose. | [01:18] |
Bugpowder | BITCOIN RALLY ON IRC CHAT DISCUSSION | [01:19] |
mircea_popescu | totally. | [01:19] |
mircea_popescu | tbh i was pretty certain the cause of the rally is this | [01:19] |
mircea_popescu | some provisions start in march | [01:19] |
mircea_popescu | people were trying to wait past the halving but not much past march, so... squeeze. | [01:19] |
Bugpowder | if you can afford the fee, they don't charge you | [01:20] |
Bugpowder | seriously | [01:20] |
mircea_popescu | heh. | [01:20] |
Bugpowder | Platinum... | [01:20] |
Bugpowder | Admiral shares | [01:20] |
mircea_popescu | who the fuck is paying 30% ? | [01:20] |
Bugpowder | Vanguard Flagship account | [01:20] |
Bugpowder | nobody is paying 30% | [01:21] |
mircea_popescu | right. | [01:21] |
Bugpowder | thye will report | [01:21] |
mircea_popescu | no they won't. | [01:21] |
mircea_popescu | they'll jsut shrug and carry on. | [01:21] |
Bugpowder | or people will have money for offshore | [01:21] |
Bugpowder | and money for onshore | [01:21] |
mircea_popescu | pretty much | [01:21] |
Bugpowder | and never the twain shall meet | [01:21] |
Bugpowder | except via btc | [01:21] |
mircea_popescu | in the unlikely event there's someone wioth any wealth left physically in the us | [01:21] |
Bugpowder | jesus bitcoin is amazing | [01:21] |
mircea_popescu | which seems rather improbable atm | [01:21] |
Bugpowder | lol | [01:21] |
Bugpowder | you are so fucking negative | [01:22] |
Bugpowder | nah | [01:22] |
Bugpowder | not as rich | [01:22] |
Bugpowder | but yes | [01:22] |
Bugpowder | other professions with money | [01:22] |
Bugpowder | ;;ticker | [01:22] |
gribble | BTCUSD ticker | Best bid: 25.00000, Best ask: 25.15000, Bid-ask spread: 0.15000, Last trade: 25.00000, 24 hour volume: 82323.14434998, 24 hour low: 24.47998, 24 hour high: 26.30000, 24 hour vwap: 25.57240 | [01:22] |
Bugpowder | This is getting serious | [01:23] |
Bugpowder | anybody want to buy some calls? | [01:23] |
mircea_popescu | things are getting serious... | [01:23] |
mircea_popescu | http://www.youtube.com/watch?v=1IRGenlpf-E | [01:23] |
pigeons | and you haven't stopped talking since | [01:24] |
Bugpowder | that was last week | [01:24] |
mircea_popescu | what ?! | [01:25] |
mircea_popescu | hm, is my ignore filtering half the chat again ? | [01:25] |
Bugpowder | truffles | [01:25] |
kakobrekla | told ya. | [01:26] |
mircea_popescu | it's funny how that works, i add names, the killed lines counter jumps to hundreds a day, then a few weeks later it's back to 0 | [01:26] |
mircea_popescu | then... | [01:26] |
* | jborkl has quit (Quit: jborkl) | [01:27] |
kakobrekla | you have a killed lines counter? :D | [01:27] |
kakobrekla | damn. | [01:27] |
mircea_popescu | i have ignore stats ! im from like... the future. | [01:27] |
kakobrekla | does it say on the end of report "you are very ignorant" :D | [01:28] |
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jurov | once btcusd goes to 133 coinbr acct will cost 12 bucks/month too, then :P | [01:31] |
* | Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets | [01:31] |
Bugpowder | I dunno about this dump | [01:32] |
Bugpowder | seems reall | [01:32] |
Bugpowder | feels toppy | [01:32] |
Bugpowder | its persistent | [01:32] |
Bugpowder | lots of overhead resistance | [01:32] |
kakobrekla | http://bitbet.us/bet/221/btc-usd-at-mtgox-will-stay-above-20-24-and/ | [01:33] |
kakobrekla | money for grabs if so | [01:33] |
jurov | fuck bitbet... i made few small bets slightly drunk | [01:34] |
jurov | using coinbr wallet | [01:34] |
jurov | now i realized i have to check every deposit whether it isn't something from bitbet | [01:34] |
kakobrekla | loool | [01:34] |
kakobrekla | just use a different output addy | [01:34] |
jurov | oh yea | [01:35] |
jurov | and add alcohol tester to coinbr admin interface | [01:36] |
kakobrekla | you will trick yourself using different drugs. | [01:36] |
kakobrekla | no good. | [01:36] |
kakobrekla | there we go, dumping. | [01:38] |
* | thepok (~thepok@068-112-109-134.csn.tu-chemnitz.de) has joined #bitcoin-assets | [01:38] |
kakobrekla | 24.6 | [01:38] |
kakobrekla | 24.5 | [01:38] |
kakobrekla | 24.4 | [01:39] |
pizzaman1337 | good, I want the price to go down. Need to buy more coings. | [01:39] |
pizzaman1337 | coins* | [01:39] |
pizzaman1337 | ;;ticker | [01:39] |
gribble | BTCUSD ticker | Best bid: 24.49753, Best ask: 24.50000, Bid-ask spread: 0.00247, Last trade: 24.50000, 24 hour volume: 86614.45783048, 24 hour low: 24.48752, 24 hour high: 26.30000, 24 hour vwap: 25.53151 | [01:39] |
* | Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets | [01:40] |
kakobrekla | http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png | [01:40] |
* | Jackmaninov (~Jackmanin@216.197.171.254) has joined #bitcoin-assets | [01:41] |
assbot | [MPEX] [O.BTCUSD.P230T] 948 @ 0.06641709 = 62.9634 BTC | [01:45] |
mircea_popescu | lmao jurov | [01:45] |
mircea_popescu | ;;ticker | [01:46] |
gribble | BTCUSD ticker | Best bid: 24.50000, Best ask: 24.63661, Bid-ask spread: 0.13661, Last trade: 24.63661, 24 hour volume: 87831.55624440, 24 hour low: 24.48752, 24 hour high: 26.30000, 24 hour vwap: 25.51202 | [01:46] |
mircea_popescu | ;;bc,convert eur | [01:46] |
gribble | 1 BTC = 24.63661 U.S. dollars = 18.2859126 Euros | [01:46] |
mircea_popescu | well... i sold my 200 at 17 so a way to go. | [01:46] |
assbot | [MPEX] [O.BTCUSD.P230T] 52 @ 0.06641709 = 3.4537 BTC | [01:46] |
kakobrekla | http://jezus.si:81/render?target=bitcoin.*.transactions&height=500&width=1100&lineMode=connected | [01:46] |
kakobrekla | bitstamp stuck at 25 again | [01:46] |
* | Namworld (~Namworld@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets | [01:46] |
mircea_popescu | that poor guy with the short puts | [01:47] |
mircea_popescu | he's getting massacred again | [01:47] |
Namworld | What? | [01:47] |
* | ChanServ gives channel operator status to kakobrekla | [01:48] |
assbot | [MPEX] [O.BTCUSD.C200T] 745 @ 0.21602472 = 160.9384 BTC [-] | [01:53] |
assbot | [MPEX] [O.BTCUSD.C190T] 745 @ 0.25537348 = 190.2532 BTC [+] | [01:53] |
mircea_popescu | Namworld bitcoin is dropping | [01:53] |
* | kakobrekla has changed the topic to: Bitcoin asset exchanges: http://mpex.co || https://coinbr.com || https://www.havelockinvestments.com || https://btct.co || https://bitfunder.com || https://icbit.se || https://cryptostocks.com || https://therocktrading.com || http://picostocks.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || biased msg: http://bit4x.com | [01:53] |
assbot | [MPEX] [O.BTCUSD.C180T] 744 @ 0.29472225 = 219.2734 BTC [+] | [01:53] |
* | kakobrekla removes channel operator status from kakobrekla | [01:53] |
assbot | [MPEX] [O.BTCUSD.C170T] 735 @ 0.33407101 = 245.5422 BTC [-] | [01:54] |
assbot | [MPEX] [O.BTCUSD.C160T] 4 @ 0.37341978 = 1.4937 BTC [+] | [01:54] |
* | Chilca has quit (Remote host closed the connection) | [01:56] |
Namworld | Someone is cashing in his calls or something. | [01:56] |
assbot | [MPEX] [O.BTCUSD.P250T] 1000 @ 0.10775591 = 107.7559 BTC | [01:56] |
Namworld | It just dropped a bit. | [01:57] |
kakobrekla | a tad. | [01:57] |
assbot | [MPEX] [O.BTCUSD.P240T] 1000 @ 0.08563291 = 85.6329 BTC | [01:57] |
assbot | [MPEX] [O.BTCUSD.P230T] 1000 @ 0.06697417 = 66.9742 BTC [+] | [01:57] |
pizzaman1337 | ;;ticker | [01:58] |
gribble | BTCUSD ticker | Best bid: 24.29000, Best ask: 24.30000, Bid-ask spread: 0.01000, Last trade: 24.30000, 24 hour volume: 89583.97608075, 24 hour low: 24.23140, 24 hour high: 26.30000, 24 hour vwap: 25.48663 | [01:58] |
assbot | [MPEX] [O.BTCUSD.P260T] 1000 @ 0.13408587 = 134.0859 BTC [-] | [01:58] |
pizzaman1337 | cashing in on puts? | [01:59] |
Bugpowder | nope | [01:59] |
Bugpowder | buying | [01:59] |
pizzaman1337 | good luck | [01:59] |
Bugpowder | GOT 2 BURNING MAN TIX | [02:01] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063952 = 2.7634 BTC [+] | [02:01] |
assbot | [MPEX] [S.MPOE] 11916 @ 0.00063942 = 7.6193 BTC [-] | [02:01] |
assbot | [MPEX] [S.MPOE] 4366 @ 0.00063878 = 2.7889 BTC [-] | [02:01] |
assbot | [MPEX] [O.BTCUSD.P230T] 100 @ 0.06707301 = 6.7073 BTC [+] | [02:02] |
assbot | [MPEX] [O.BTCUSD.P230T] 900 @ 0.06707301 = 60.3657 BTC [+] | [02:02] |
assbot | [MPEX] [O.BTCUSD.P240T] 1000 @ 0.08576716 = 85.7672 BTC [+] | [02:02] |
* | BitHub (~BitHub@unaffiliated/bithub) has joined #bitcoin-assets | [02:02] |
assbot | [MPEX] [O.BTCUSD.P250T] 1000 @ 0.10793223 = 107.9322 BTC [+] | [02:02] |
Bugpowder | battle for the puts | [02:03] |
kakobrekla | a dollar difference still stamp vs gox | [02:03] |
mircea_popescu | teh whoa | [02:03] |
assbot | [MPEX] [O.BTCUSD.P350T] 1000 @ 0.48629718 = 486.2972 BTC [+] | [02:04] |
Bugpowder | LOL | [02:04] |
Bugpowder | FUCKING LOSER | [02:04] |
Bugpowder | close that short | [02:05] |
mircea_popescu | seems you've totally spooked everyone Bugpowder | [02:05] |
mircea_popescu | he;'s only down 20% on this round. | [02:05] |
Bugpowder | DIVE DIVE DIVE | [02:06] |
kakobrekla | http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png | [02:07] |
kakobrekla | is not bad | [02:07] |
pigeons | "official" | [02:08] |
pigeons | what the hell are you talking about | [02:08] |
BitHub | lol s.dice? | [02:09] |
pigeons | but yeah market price is the price you can get them at, but no you can't get bitcoins from s.dice except dividend day or winning bets | [02:09] |
* | Ferroh_ is now known as Ferroh | [02:09] |
kakobrekla | yeah theres an official place that sells 25$ btcs | [02:10] |
pigeons | https://en.bitcoin.it/wiki/Buying_bitcoins | [02:10] |
mircea_popescu | kakobrekla luke ? | [02:10] |
kakobrekla | aha | [02:10] |
kakobrekla | ;) | [02:10] |
kakobrekla | 23.8 btw | [02:11] |
assbot | [MPEX] [O.BTCUSD.P230T] 1000 @ 0.06763205 = 67.6321 BTC [+] | [02:11] |
assbot | [MPEX] [O.BTCUSD.P240T] 1000 @ 0.0864789 = 86.4789 BTC [+] | [02:11] |
Bugpowder | that fucker got the 230s again | [02:11] |
pigeons | what the hell are you talking about | [02:11] |
Bugpowder | Ok I have enough puts | [02:12] |
kakobrekla | im guessing this weeked could be a good time to stock up if needed | [02:12] |
kakobrekla | weekend | [02:12] |
pigeons | im gonna ignpore ore you too truffles if you dont stat making sense | [02:12] |
Bugpowder | This will either make the ponzi plot truly explode.... or make me cry | [02:12] |
Bugpowder | are you an SEC bitcoin narc? | [02:13] |
pigeons | i think he's just a retard | [02:13] |
* | kryzm (~kryzm@140.232.185.119) has joined #bitcoin-assets | [02:13] |
Namworld | Hey, I want some puts too | [02:14] |
assbot | [MPEX] [O.BTCUSD.P350T] 1000 @ 0.48869324 = 488.6932 BTC [+] | [02:14] |
Bugpowder | oh wow | [02:14] |
pigeons | well now you have 50 places from that link | [02:14] |
Bugpowder | ;;ticker | [02:14] |
gribble | BTCUSD ticker | Best bid: 23.61000, Best ask: 23.87675, Bid-ask spread: 0.26675, Last trade: 23.61000, 24 hour volume: 94921.36763921, 24 hour low: 23.61000, 24 hour high: 26.30000, 24 hour vwap: 25.39773 | [02:14] |
assbot | [BTCTC] [BASIC-MINING] 5 @ 0.349 = 1.745 BTC [-] | [02:14] |
mircea_popescu | aha. teh drop huh. | [02:14] |
assbot | [BTCTC] [BASIC-MINING] 34 @ 0.3499 = 11.8966 BTC [+] | [02:14] |
assbot | [BTCTC] [BASIC-MINING] 1 @ 0.35 BTC [+] | [02:14] |
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* | aiball (~aiball@c-76-102-197-149.hsd1.ca.comcast.net) has joined #bitcoin-assets | [02:14] |
Bugpowder | dude that guy got fucked two times | [02:14] |
Bugpowder | He is the top caller | [02:14] |
mircea_popescu | lol srsly. | [02:15] |
mircea_popescu | it's not going back up for now. | [02:15] |
Namworld | Some guy overbought on calls/oversold puts? | [02:15] |
Namworld | like last month? | [02:15] |
mircea_popescu | some whale shorted like i dunno, 20, 30k worth of deep puts last exercise | [02:15] |
Bugpowder | he bought 30,000 calls at the top last time | [02:16] |
mircea_popescu | then covered for like -5k | [02:16] |
Bugpowder | oh | [02:16] |
mircea_popescu | then like... yesterday ? sold 5k | [02:16] |
Bugpowder | yeah | [02:16] |
Bugpowder | it was shorting puts | [02:16] |
mircea_popescu | and now is covering them | [02:16] |
mircea_popescu | Bugpowder someone was buying calls too | [02:16] |
mircea_popescu | but i think it was someone else | [02:16] |
mircea_popescu | it's ridiculous by now, within 24 hours he's screwed. | [02:17] |
Bugpowder | should be good for S.MPOE | [02:18] |
mircea_popescu | meanwhile back at the pussyranch, http://www.stripperweb.com/forum/showthread.php?181800-Bitcoin-Giveaway | [02:18] |
kakobrekla | 23.1 | [02:18] |
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* | kryzm has quit (Quit: Leaving) | [02:20] |
assbot | [MPEX] [S.MPOE] 12784 @ 0.00063878 = 8.1662 BTC [-] | [02:21] |
assbot | [MPEX] [S.MPOE] 3516 @ 0.00063701 = 2.2397 BTC [-] | [02:21] |
maximian | mircea_popescu: PR should also mention that 1BTC is over $20 USD | [02:21] |
mircea_popescu | why ? | [02:21] |
maximian | cuz why would thy bother? they probably don't realize that bit coins are worth anything | [02:21] |
assbot | [MPEX] [O.BTCUSD.P230T] 1000 @ 0.06977665 = 69.7767 BTC [+] | [02:22] |
mircea_popescu | ;;ticker | [02:22] |
gribble | BTCUSD ticker | Best bid: 23.06000, Best ask: 23.10500, Bid-ask spread: 0.04500, Last trade: 23.10500, 24 hour volume: 100067.34572136, 24 hour low: 23.06000, 24 hour high: 26.30000, 24 hour vwap: 25.28815 | [02:22] |
* | Bugpowder has quit (Ping timeout: 245 seconds) | [02:22] |
pizzaman1337 | awesome, keep dropping... | [02:22] |
kakobrekla | where is your bid at pizza? :) | [02:24] |
pizzaman1337 | I have no bid :( ACH is slow... | [02:24] |
Namworld | so, another good month for S.MPOE in sight, mircea? | [02:24] |
Namworld | with all the calls that were bought =P | [02:24] |
swhitt | ;;ticker | [02:25] |
gribble | BTCUSD ticker | Best bid: 23.03655, Best ask: 23.10000, Bid-ask spread: 0.06345, Last trade: 23.03655, 24 hour volume: 100563.10296792, 24 hour low: 23.03655, 24 hour high: 26.30000, 24 hour vwap: 25.27701 | [02:25] |
kakobrekla | http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png | [02:25] |
kakobrekla | lulz | [02:25] |
swhitt | whoa | [02:25] |
swhitt | that's a lopsided market | [02:25] |
pizzaman1337 | this is cool to watch | [02:26] |
mircea_popescu | Namworld prolly | [02:27] |
BitHub | http://bitcoinity.org/markets | [02:27] |
mircea_popescu | course you never know. | [02:27] |
mircea_popescu | ;;ticker | [02:27] |
gribble | BTCUSD ticker | Best bid: 23.02002, Best ask: 23.10001, Bid-ask spread: 0.07999, Last trade: 23.02002, 24 hour volume: 101056.49539453, 24 hour low: 23.02002, 24 hour high: 26.30000, 24 hour vwap: 25.26533 | [02:27] |
Namworld | yeah, we'll see about it. | [02:27] |
mircea_popescu | things can change in half hour. | [02:27] |
kakobrekla | ok for real truffles, start in #bitcoin-otc or smth | [02:28] |
assbot | [MPEX] [S.MPOE] 3900 @ 0.00063701 = 2.4843 BTC [-] | [02:28] |
kakobrekla | start meaning start. | [02:29] |
Namworld | Yeah, but the growth was a bit unrealistic. | [02:29] |
Namworld | there was no one selling, no ask depth. Price increasing very fast. | [02:29] |
pigeons | right, because we're going to put you on ignore | [02:31] |
mircea_popescu | ;;ticker | [02:32] |
gribble | BTCUSD ticker | Best bid: 23.04000, Best ask: 23.20000, Bid-ask spread: 0.16000, Last trade: 23.20000, 24 hour volume: 106681.62083572, 24 hour low: 22.02100, 24 hour high: 26.30000, 24 hour vwap: 25.10876 | [02:32] |
mircea_popescu | stopped for now huh | [02:32] |
kakobrekla | lunch break. | [02:32] |
kakobrekla | what? | [02:34] |
Namworld | No, it's near 22 USD/BTC now | [02:35] |
Namworld | MtGox is lagging bad | [02:35] |
Namworld | http://www.bitcoincharts.com/markets/mtgoxUSD.html | [02:35] |
Namworld | lol, that chart is FUNNY | [02:35] |
pizzaman1337 | ;;goxlag | [02:35] |
gribble | 249.494233 seconds | [02:35] |
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pizzaman1337 | ;;ticker | [02:39] |
gribble | BTCUSD ticker | Best bid: 22.02100, Best ask: 23.05000, Bid-ask spread: 1.02900, Last trade: 23.05000, 24 hour volume: 107968.90102643, 24 hour low: 22.02100, 24 hour high: 26.30000, 24 hour vwap: 25.07438 | [02:39] |
swhitt | whoa | [02:39] |
pizzaman1337 | $1 spread?... | [02:39] |
kakobrekla | :> | [02:39] |
kakobrekla | ;;ticker | [02:41] |
gribble | BTCUSD ticker | Best bid: 22.55933, Best ask: 22.80000, Bid-ask spread: 0.24067, Last trade: 23.05000, 24 hour volume: 109588.67124306, 24 hour low: 22.01000, 24 hour high: 26.30000, 24 hour vwap: 25.03072 | [02:41] |
kakobrekla | ;;bc,convert eur | [02:41] |
gribble | 1 BTC = 23.05000 U.S. dollars = 17.1082907 Euros | [02:41] |
pizzaman1337 | last is 25 cents higher than best ask though | [02:42] |
kakobrekla | ya no problem with that | [02:43] |
kakobrekla | soh, will it break 20 | [02:44] |
pizzaman1337 | ;;goxlag | [02:44] |
gribble | 312.221853 seconds | [02:44] |
pizzaman1337 | 5 min lag...? | [02:44] |
kakobrekla | they suck yea | [02:44] |
kakobrekla | we might be at 50$ for all we know by now | [02:44] |
pizzaman1337 | it could be in their interest for more lag though - more panic, more selling, more transaction fees, more profit.. | [02:45] |
kakobrekla | i could be just php. | [02:45] |
kakobrekla | :) | [02:45] |
Namworld | We could be at 1 or at 50, yeah | [02:47] |
Namworld | too much lag | [02:47] |
kakobrekla | i hope its 1. | [02:47] |
mircea_popescu | ;;ticker | [02:49] |
gribble | BTCUSD ticker | Best bid: 22.52201, Best ask: 22.79700, Bid-ask spread: 0.27499, Last trade: 22.79700, 24 hour volume: 111499.86991286, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.97243 | [02:49] |
mircea_popescu | teh wow. | [02:49] |
mircea_popescu | so thisis the great unwind. | [02:49] |
kakobrekla | ;;goxlag | [02:53] |
gribble | 496.211258 seconds | [02:53] |
kakobrekla | lol | [02:53] |
kakobrekla | getting even wrose | [02:53] |
assbot | [MPEX] [O.BTCUSD.P230T] 265 @ 0.07546687 = 19.9987 BTC [+] | [02:53] |
kakobrekla | i tell you | [02:53] |
kakobrekla | their bad code is fuckin bitcoin stability | [02:53] |
assbot | [MPEX] [S.MPOE] 1224 @ 0.00063701 = 0.7797 BTC [-] | [02:54] |
assbot | [MPEX] [S.MPOE] 34276 @ 0.00063696 = 21.8324 BTC [-] | [02:54] |
mircea_popescu | ;;ticker | [02:55] |
gribble | BTCUSD ticker | Best bid: 22.50000, Best ask: 22.65000, Bid-ask spread: 0.15000, Last trade: 22.65000, 24 hour volume: 114786.56433186, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.89309 | [02:55] |
assbot | [MPEX] [O.BTCUSD.P350T] 1000 @ 0.51921463 = 519.2146 BTC [+] | [02:55] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064464 = 2.7855 BTC [+] | [02:56] |
assbot | [MPEX] [S.MPOE] 10829 @ 0.00064499 = 6.9846 BTC [+] | [02:56] |
assbot | [BTCTC] [S.MPOE-PT] 2594 @ 0.00067 = 1.738 BTC [-] | [02:57] |
kakobrekla | ;;ticker | [03:01] |
gribble | BTCUSD ticker | Best bid: 22.78000, Best ask: 22.90000, Bid-ask spread: 0.12000, Last trade: 22.78000, 24 hour volume: 115402.35989204, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.87805 | [03:01] |
kakobrekla | what is this dog? | [03:01] |
pizzaman1337 | seems like it stopped falling | [03:03] |
kakobrekla | or gox capped out | [03:03] |
kakobrekla | we dont know really. | [03:03] |
kakobrekla | :> | [03:03] |
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pizzaman1337 | the asks are soo thin.. | [03:03] |
kakobrekla | yea | [03:03] |
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pizzaman1337 | ;;ticker | [03:06] |
gribble | BTCUSD ticker | Best bid: 23.04288, Best ask: 23.08065, Bid-ask spread: 0.03777, Last trade: 23.08065, 24 hour volume: 117425.35972100, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.84136 | [03:06] |
kakobrekla | ;;goxlag | [03:07] |
gribble | 45.297523 seconds | [03:07] |
pizzaman1337 | seems like now might not be a bad time to buy | [03:07] |
mircea_popescu | ;;ticker | [03:08] |
gribble | BTCUSD ticker | Best bid: 23.33000, Best ask: 23.49800, Bid-ask spread: 0.16800, Last trade: 23.49800, 24 hour volume: 117968.26192446, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.83143 | [03:08] |
Namworld | http://bitcoin.clarkmoody.com/ | [03:09] |
Namworld | Some slight bounce going on. | [03:09] |
Namworld | We reached like 21.7 | [03:09] |
mircea_popescu | crazy times | [03:11] |
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DeadWeasel | i'm sorry, did someone just take a 35k dump? | [03:11] |
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pizzaman1337 | ;;ticker | [03:16] |
gribble | BTCUSD ticker | Best bid: 24.40000, Best ask: 24.74000, Bid-ask spread: 0.34000, Last trade: 24.40000, 24 hour volume: 121630.16790847, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80265 | [03:16] |
pizzaman1337 | well, that was fast | [03:17] |
maximian | impressive recovery | [03:17] |
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broomkorn | dump&pump | [03:19] |
DeadWeasel | no kiddin | [03:19] |
DeadWeasel | that was what, 35k btc? | [03:20] |
Namworld | Recovery? I call it a bounce | [03:20] |
Namworld | no market depth | [03:20] |
Bowjob | whats the difference | [03:20] |
Bowjob | ;;ticker | [03:20] |
gribble | BTCUSD ticker | Best bid: 24.91954, Best ask: 24.94948, Bid-ask spread: 0.02994, Last trade: 24.91954, 24 hour volume: 122926.85310540, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80555 | [03:20] |
broomkorn | jan 24th was different | [03:20] |
Namworld | http://www.bitcoincharts.com/markets/mtgoxUSD.html | [03:21] |
Namworld | There's a LOT of asks now | [03:21] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063706 = 2.7527 BTC [-] | [03:21] |
assbot | [MPEX] [S.MPOE] 5179 @ 0.00063696 = 3.2988 BTC [-] | [03:21] |
Namworld | and no market depth. Will crash right back. Price is unstable and should now correct, hopefully. | [03:21] |
Namworld | I'd prefer stable BTC prices | [03:21] |
broomkorn | pretty sure the liquidity will prevent that | [03:23] |
mircea_popescu | ;;ticker | [03:26] |
gribble | BTCUSD ticker | Best bid: 24.40000, Best ask: 24.90000, Bid-ask spread: 0.50000, Last trade: 24.40000, 24 hour volume: 123213.42485046, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80525 | [03:26] |
mircea_popescu | no actually, this is it. | [03:27] |
mircea_popescu | price is now 24.5ish. the end. | [03:27] |
assbot | [MPEX] [O.BTCUSD.P350T] 1000 @ 0.53072917 = 530.7292 BTC [+] | [03:28] |
DeadWeasel | wtf, coinbase lowered their sell limit from 1K to 300 | [03:28] |
DeadWeasel | w/out a notification. | [03:28] |
assbot | [MPEX] [S.DICE] 70 @ 0.00609588 = 0.4267 BTC [+] | [03:29] |
Namworld | Price went to 25.5 like 10 minutes ago and now back down | [03:29] |
Namworld | It ain't down yet | [03:30] |
Namworld | http://www.bitcoincharts.com/markets/mtgoxUSD.html | [03:30] |
Namworld | Not until that huge gap disappear ^ | [03:30] |
kakobrekla | ;;tslb | [03:31] |
Bowjob | looks like we can hit 21 dollars any minute | [03:31] |
gribble | Time since last block: 18 minutes and 13 seconds | [03:31] |
kakobrekla | ;;bc,stats | [03:31] |
gribble | Current Blocks: 221055 | Current Difficulty: 3275464.586565617 | Next Difficulty At Block: 221759 | Next Difficulty In: 704 blocks | Next Difficulty In About: 4 days, 1 hour, 39 minutes, and 53 seconds | Next Difficulty Estimate: 3478478.41739 | Estimated Percent Change: 6.19802 | [03:31] |
Namworld | Now prices are unstable and all it would take is some larger holding seeing this, panicking and selling 20k at market price to send it all crashing for good. | [03:32] |
Bowjob | 2 dollar coins please | [03:32] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064238 = 2.7757 BTC [+] | [03:32] |
assbot | [MPEX] [S.MPOE] 10745 @ 0.00064256 = 6.9043 BTC [+] | [03:32] |
assbot | [MPEX] [S.MPOE] 1821 @ 0.00064499 = 1.1745 BTC [+] | [03:32] |
Namworld | nah... that won't happen again... | [03:32] |
assbot | [MPEX] [S.MPOE] 2889 @ 0.00064701 = 1.8692 BTC [+] | [03:32] |
Bowjob | fine. 2.1 coins please | [03:32] |
Namworld | But I value BTC maybe 16-18 USD right now. | [03:32] |
Bowjob | if we hit 2 dollars again im getting an mpex | [03:34] |
Bowjob | lol | [03:34] |
aiball | Namworld are you selling at $17? | [03:34] |
mircea_popescu | ;;ticker | [03:39] |
gribble | BTCUSD ticker | Best bid: 24.39917, Best ask: 24.40000, Bid-ask spread: 0.00083, Last trade: 24.40000, 24 hour volume: 126560.10139199, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80221 | [03:39] |
mircea_popescu | Namworld nah. it's done. | [03:39] |
mircea_popescu | lol Bowjob | [03:40] |
kakobrekla | i sold at 25 bought back at 24 sold back some at 25 | [03:40] |
mircea_popescu | youll be rich | [03:40] |
mircea_popescu | ;;bc,convert eur | [03:40] |
kakobrekla | good game but not worth it | [03:40] |
gribble | 1 BTC = 24.30001 U.S. dollars = 18.0360796 Euros | [03:40] |
mircea_popescu | hey, if it drops another euro i can buy my 200 back | [03:40] |
kakobrekla | better to not look at btc value and just make new coins on fx | [03:41] |
Namworld | No, unless it drops under 17 USD/BTC | [03:42] |
Namworld | We're headed back downward | [03:42] |
Namworld | ;;ticker | [03:42] |
gribble | BTCUSD ticker | Best bid: 24.04750, Best ask: 24.40102, Bid-ask spread: 0.35352, Last trade: 24.04750, 24 hour volume: 126934.28273813, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80032 | [03:42] |
aiball | is this all about asics coming online today? | [03:46] |
Diablo-D3 | probably | [03:46] |
Namworld | They're coming only today? Who's? | [03:47] |
kakobrekla | pirates. | [03:47] |
aiball | so we've got the good old days until at least the next difficulty reset. | [03:47] |
Diablo-D3 | Namworld: er, asicminer most likely has almost all of theirs online | [03:48] |
Diablo-D3 | no one can get ahold of friedcat, which is evidence in of itself that hes very busy plugging shit in | [03:48] |
BitHub | :) | [03:49] |
BitHub | +1 asicminer | [03:49] |
aiball | and selling his new btcs | [03:49] |
mircea_popescu | http://www.stripperweb.com/forum/showthread.php?181800-Bitcoin-Giveaway&p=2454907#post2454907 | [03:49] |
mircea_popescu | meanwhile the girl is totally rocking the stripper thread | [03:49] |
kakobrekla | ;;tslb | [03:49] |
gribble | Time since last block: 36 minutes and 6 seconds | [03:49] |
kakobrekla | so much for asic. | [03:49] |
mircea_popescu | ya totally asics | [03:49] |
mircea_popescu | lol | [03:49] |
aiball | MP are you being sarcastic? I don't know enough to be able to tell... | [03:50] |
aiball | sorry,, Mr. P | [03:50] |
mircea_popescu | not rly | [03:51] |
mircea_popescu | she's really rocking it. | [03:51] |
broomkorn | lol at that thread | [03:52] |
mircea_popescu | totally. | [03:53] |
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mircea_popescu | ;;ticker | [03:54] |
gribble | BTCUSD ticker | Best bid: 24.30000, Best ask: 24.35001, Bid-ask spread: 0.05001, Last trade: 24.30000, 24 hour volume: 126809.53474656, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.79075 | [03:54] |
mircea_popescu | i've learned to look at ticker when Bugpowder logs in | [03:55] |
Bugpowder | Heh | [03:55] |
Bugpowder | Not bad | [03:55] |
Bugpowder | Time will tell though | [03:55] |
* | Garr255_Lappy (~textual@98.145.73.34) has joined #bitcoin-assets | [03:55] |
Namworld | I'm the fucker who got the P230T bugpowder =/ | [03:55] |
Bugpowder | How many? | [03:56] |
Namworld | 4000 | [03:56] |
mircea_popescu | 5k? | [03:56] |
Bugpowder | 3k? | [03:56] |
mircea_popescu | eh. | [03:56] |
Bugpowder | Notice | [03:56] |
Namworld | in between | [03:56] |
Bugpowder | Noice | [03:56] |
mircea_popescu | that may not actually come in the money. | [03:56] |
Bugpowder | Yah I am locked and loaded | [03:56] |
Namworld | maybe not. | [03:56] |
Namworld | But I think the recent growth was too much too fast | [03:56] |
mircea_popescu | Bugpowder which direction ? short btc ? | [03:57] |
mircea_popescu | Namworld for sure. | [03:57] |
Bugpowder | 10k puts | [03:57] |
Namworld | As I said, I have a 16-18 USD/BTC valuation. | [03:57] |
mircea_popescu | i think tho we will see 24-25 for the rest of the month. | [03:57] |
Namworld | Possible. | [03:57] |
BitHub | true, no 30? | [03:57] |
Bugpowder | I have no idea | [03:57] |
mircea_popescu | i doubt it. | [03:57] |
Bugpowder | I just am swinging for the fences | [03:57] |
BitHub | maybe a lil sniff of 30 | [03:57] |
mircea_popescu | the way i've seen this to work is when high volume breaks, the price gets set | [03:57] |
mircea_popescu | and high volume just broke | [03:58] |
BitHub | 25 would be nice for a while tho | [03:58] |
mircea_popescu | yup | [03:58] |
mircea_popescu | pretty perfect. | [03:58] |
Bugpowder | There is a LOT of overhead pressure | [03:58] |
Bugpowder | 25 for a while would be great for smoke | [03:58] |
mircea_popescu | Bugpowder there was a lot of under pressure for a while. | [03:58] |
Bugpowder | S.mpoe | [03:58] |
kakobrekla | well that forum proves it | [03:59] |
Bugpowder | Yeah and it it fcking annihilated while I had dinner | [03:59] |
DeadWeasel | that overhead has released a bit too. | [03:59] |
kakobrekla | whore are retarded in reality as well. | [03:59] |
kakobrekla | whores* | [03:59] |
mircea_popescu | kakobrekla lol | [03:59] |
mircea_popescu | srsly, don't knock whores, some of my best friends were hos. | [03:59] |
kakobrekla | well deze bitched be dumb. | [04:00] |
BitHub | when you have all your funds tied up in bitcoin its days like this you wish your local vedor took bitcoin for a pack of smokes or something | [04:00] |
kakobrekla | bitches | [04:00] |
kakobrekla | meh cant type. | [04:00] |
mircea_popescu | BitHub having all your funds tied in bitcoin is unsanitary. | [04:00] |
Bugpowder | There is a good chance of another leg down. | [04:00] |
mircea_popescu | kakobrekla tru dat. | [04:00] |
mircea_popescu | Bugpowder also tru dat. | [04:00] |
BitHub | well i mean not all my funds but all the fiat i put aside just for bitcoin | [04:00] |
Bugpowder | Usually these moves are damped oscillations | [04:00] |
Bugpowder | 23.5 looks like a settle | [04:01] |
Bugpowder | But... | [04:01] |
Namworld | Well if bugpowder thinks like me, I'm satisfied. | [04:01] |
Bugpowder | Anything is possible, cause bitcoin. | [04:01] |
Namworld | yeah | [04:01] |
assbot | [MPEX] [S.DICE] 1530 @ 0.00609588 = 9.3267 BTC [+] | [04:02] |
BitHub | i think i should try other stock exchanges and stuff | [04:02] |
BitHub | having it all tied up into one site, real bad idea | [04:02] |
* | Garr255_Lappy has quit (Quit: Computer has gone to sleep.) | [04:03] |
BitHub | trying btcjam.com - i'll give you guys a review in a week. Let you know if its any good or a waste of time. | [04:04] |
kakobrekla | hi, you must be new. | [04:04] |
DeadWeasel | lol | [04:05] |
mircea_popescu | lol totally. | [04:06] |
swhitt | anyone have opinions on coinbr vs havelock? | [04:06] |
mircea_popescu | BitHub look up the girl's suspected scam thread in btctalk | [04:06] |
mircea_popescu | swhitt yes. jurov likes coinbr and topace isn't here. | [04:06] |
swhitt | looking for a 2nd trading platform in addition to mpex | [04:06] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006386 = 2.7594 BTC [-] | [04:06] |
assbot | [MPEX] [S.MPOE] 12479 @ 0.0006384 = 7.9666 BTC [-] | [04:06] |
swhitt | mircea_popescu: _they_ should eh? | [04:06] |
mircea_popescu | i guess so hehe | [04:08] |
Bugpowder | Btcjam? Lol | [04:08] |
pigeons | you can buy everything on coinbr, only s.dice passthrough on havelock and 2 "mining bonds" | [04:08] |
BitHub | ? | [04:08] |
BitHub | its only 100btc | [04:08] |
BitHub | i think i'll get most of it back | [04:08] |
pigeons | s.dice on coinbr pays 100% - account management fee, on havelock it only pays 95% | [04:08] |
Bugpowder | Coinbr is all you need if you have under 300btc | [04:08] |
Bugpowder | Mpex is all u need if you have more | [04:09] |
kakobrekla | there are many better places to put 100 btc | [04:09] |
DeadWeasel | where? | [04:09] |
BitHub | like? | [04:09] |
DeadWeasel | a hookers twat? | [04:09] |
swhitt | a cold wallet? | [04:09] |
DeadWeasel | how many btc can I fit in there? | [04:09] |
BitHub | well it is valentines day | [04:09] |
BitHub | a cold wallet? | [04:09] |
DeadWeasel | maybe if I used a thumbdrive, i could keep it in her ass. | [04:09] |
swhitt | ∞ in a cold wallet | [04:09] |
* | Bugpowder_ (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets | [04:09] |
BitHub | but i want to make a lil btc off it | [04:09] |
mircea_popescu | BitHub so buy mpoe bonds | [04:10] |
Bowjob | lol someone wanted me to buy bitcoins for them I get 10% commision | [04:10] |
mircea_popescu | at least if you lose your btc you know why. | [04:10] |
swhitt | well, ∞ as ∞ -> 21,000,000 | [04:10] |
BitHub | i don't even know what mpoe bonds means | [04:10] |
mircea_popescu | who was runningthe pt, Namworld ? | [04:11] |
BitHub | i still got lots to learn before doing that | [04:11] |
Bugpowder_ | coinbr | [04:11] |
mircea_popescu | DeadWeasel re thumbdrive : http://polimedia.us/dtng/c/src/136077828147.gif | [04:11] |
Bugpowder_ | no need to rush into things | [04:11] |
Bugpowder_ | learn about the market | [04:11] |
Bugpowder_ | there are always new opportunities arising | [04:11] |
BitHub | i'm only about 6months into it | [04:11] |
mircea_popescu | if he does things like dropping 100btc on btcjam he won't have much need to learn anything | [04:11] |
BitHub | but learning heaps | [04:11] |
DeadWeasel | those aren't thumbs | [04:11] |
DeadWeasel | mircea_popescu: ^ | [04:12] |
mircea_popescu | DeadWeasel depends on your standards :D | [04:12] |
* | unknown45682 has quit () | [04:12] |
mircea_popescu | they look like thumbs to me. | [04:12] |
BitHub | luzl mircea i was joking about that, i just dropped 5btc to try it out | [04:12] |
assbot | [MPEX] [S.MPOE] 3459 @ 0.0006384 = 2.2082 BTC [-] | [04:12] |
assbot | [MPEX] [S.MPOE] 10741 @ 0.00063696 = 6.8416 BTC [-] | [04:12] |
DeadWeasel | she sure seems to like it | [04:12] |
da2ce7 | darkee DBordello DeadWeasel Diablo-D3 dub dust-otc | [04:12] |
mircea_popescu | DeadWeasel buttcoin! | [04:12] |
mircea_popescu | BitHub that may work. keep us appraised. | [04:12] |
Bowjob | is coin br a pass thru or is it a bot that directly trades at mpex? | [04:12] |
DeadWeasel | mircea_popescu: my btcs would not be safe in there. | [04:12] |
BitHub | will do :) | [04:12] |
mircea_popescu | Bowjob it's a broker i thought ? | [04:13] |
Bowjob | so i cant sell directly on mpex thru coin.br then | [04:13] |
mircea_popescu | um | [04:13] |
DeadWeasel | think we'll settle here? 24.5? | [04:13] |
BitHub | is mpex doing the most volume right now? | [04:13] |
mircea_popescu | DeadWeasel i was sayingso but these ppl disagreed with me | [04:13] |
BitHub | for stocks | [04:13] |
* | fosforo_1 (~Fosforo@187-126-196-156.user.veloxzone.com.br) has joined #bitcoin-assets | [04:13] |
mircea_popescu | BitHub for everything by very far. | [04:13] |
DeadWeasel | BitHub: MPEX is like the cartel. | [04:14] |
BitHub | like a real drug cartel? | [04:14] |
DeadWeasel | BitHub: they sell the drugs to smaller syndicates, who then open 'exchanges' | [04:14] |
mircea_popescu | if frank sinatra were a website | [04:14] |
mircea_popescu | he'd be frank mpexatra. | [04:14] |
DeadWeasel | BitHub: which are poorly written and run websites they basically sell you what they bought from the 'Cartel' | [04:15] |
BitHub | ahh ok | [04:15] |
DeadWeasel | or so they would have us believe. | [04:15] |
kakobrekla | ;;tslb | [04:15] |
gribble | Time since last block: 5 minutes and 47 seconds | [04:15] |
kakobrekla | hrm | [04:15] |
DeadWeasel | it's all completely improvable and insane, but if you're not a total twat you can make a couple BTC. | [04:15] |
DeadWeasel | which is fun, but effectively not worth your time if you have a real job. | [04:16] |
Diablo-D3 | wait | [04:16] |
Diablo-D3 | people who ARENT total twats? | [04:16] |
Diablo-D3 | where? | [04:16] |
DeadWeasel | not in here. | [04:16] |
DeadWeasel | i'm a twat. | [04:16] |
DeadWeasel | your a twat. | [04:16] |
DeadWeasel | everywhere a twat twat | [04:16] |
* | fosforo_ has quit (Ping timeout: 272 seconds) | [04:16] |
DeadWeasel | *you're | [04:16] |
DeadWeasel | see I just proved it | [04:16] |
* | DeadWeasel is a twat | [04:16] |
mircea_popescu | jurov's a twink | [04:16] |
DeadWeasel | ;;slap deadweasel | [04:16] |
* | gribble slaps deadweasel with a whipping up guggle | [04:16] |
Diablo-D3 | *your | [04:17] |
Diablo-D3 | damnit | [04:17] |
* | thepok has quit (Ping timeout: 260 seconds) | [04:17] |
DeadWeasel | haha | [04:17] |
DeadWeasel | twat | [04:17] |
Bugpowder_ | Let's settle at $20 | [04:17] |
Bugpowder_ | seems reasonable | [04:17] |
mircea_popescu | lol | [04:17] |
mircea_popescu | ;;twat deadwat | [04:17] |
gribble | Error: "twat" is not a valid command. | [04:17] |
mircea_popescu | !twat gnat | [04:17] |
DeadWeasel | !twat MPOE | [04:17] |
mircea_popescu | nu-uh | [04:17] |
DeadWeasel | come on rebound! | [04:18] |
DeadWeasel | ;;ticker | [04:18] |
* | MadSweeney (~bentot@unaffiliated/madsweeney) has joined #bitcoin-assets | [04:18] |
gribble | BTCUSD ticker | Best bid: 24.64900, Best ask: 24.72998, Bid-ask spread: 0.08098, Last trade: 24.64900, 24 hour volume: 126154.93631317, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77711 | [04:18] |
BitHub | mpex doesn't seem very serious tho | [04:18] |
BitHub | ? | [04:18] |
mircea_popescu | lol it'd be so sad if it goes back to 30+ | [04:18] |
mircea_popescu | these guys with all the puts... | [04:18] |
DeadWeasel | why, how many you dump? | [04:18] |
BitHub | seems like they could close down and take your coins any day now | [04:18] |
kakobrekla | mpex is a fucking joke! | [04:18] |
mircea_popescu | BitHub are you being serious ? | [04:18] |
DeadWeasel | BitHub: EVERYONE could | [04:18] |
mircea_popescu | this is like trolling. | [04:18] |
mircea_popescu | only better. | [04:18] |
* | Bugpowder has quit (Remote host closed the connection) | [04:19] |
DeadWeasel | hold you BTCs in a cold wallet at home and don't look back. | [04:19] |
DeadWeasel | just hold | [04:19] |
kakobrekla | BitHub they dont even have CSS | [04:19] |
BitHub | trolling? No i'm being serious its just the impression i'm getting from first reading it | [04:19] |
mircea_popescu | !css kako | [04:19] |
Bowjob | maybe they have a troll MPEX contest over at SA | [04:19] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064666 = 2.7942 BTC [+] | [04:19] |
pigeons | mpex is for gypsy puppets! | [04:19] |
assbot | [MPEX] [S.MPOE] 10346 @ 0.00064701 = 6.694 BTC [+] | [04:19] |
mircea_popescu | Bowjob totally. | [04:19] |
DeadWeasel | Bowjob: that has to be it | [04:19] |
pigeons | litecoin rulez | [04:19] |
mircea_popescu | this is where i pimp my new tagline | [04:19] |
DeadWeasel | pigeons: lol | [04:19] |
mircea_popescu | pigeons is so fringe. he's always like, doing something nobody heard of | [04:20] |
DeadWeasel | !twat alt coins | [04:20] |
BitHub | lulz oh, this is your site mircea? | [04:20] |
mircea_popescu | hence the MP. | [04:20] |
kakobrekla | lulz | [04:20] |
* | BitHub did not know that | [04:20] |
DeadWeasel | mircea_popescu: is a harsh mistress. | [04:20] |
mircea_popescu | also mpoe-pr is my pr chick. | [04:20] |
mircea_popescu | and this is my bitcoin. | [04:21] |
BitHub | kako, i actually like the simplicity of the website, easy to understand | [04:21] |
mircea_popescu | and roger ver is my son. | [04:21] |
mircea_popescu | they call him bitcoin bejesus. | [04:21] |
BitHub | i think it just gives off a first impression | [04:21] |
BitHub | bad | [04:21] |
Bugpowder_ | reddit sentiment remains high | [04:22] |
Bugpowder_ | http://www.reddit.com/r/Bitcoin/comments/18haei/sell_sell_mayday_mayday/ | [04:22] |
BitHub | i think its more catered to insiders of the community, rather than the mainstream people | [04:22] |
Bugpowder_ | not sure if this is a counter indicator or not | [04:22] |
DeadWeasel | 30day volume is nearly 2 million BTC | [04:22] |
DeadWeasel | on gox | [04:22] |
mircea_popescu | Bugpowder_ that should be a meme. | [04:22] |
mircea_popescu | DeadWeasel ya was a heavy day today | [04:23] |
BitHub | any discount on the 30btc fee for mpex mircea :P | [04:23] |
DeadWeasel | 30K this morning, 140K tonight. crazy | [04:23] |
Bugpowder_ | yes | [04:23] |
Bugpowder_ | use my referral code | [04:23] |
BitHub | oh? | [04:23] |
mircea_popescu | BitHub if you use someone's fingerprint you each get 5 btc | [04:23] |
Bugpowder_ | 1578A821 | [04:23] |
mircea_popescu | its in the faq | [04:23] |
BitHub | neat | [04:23] |
mircea_popescu | he needs the whole keyid tho | [04:24] |
mircea_popescu | not just the tail | [04:24] |
Bugpowder_ | AA14 8EAF 40BE 9C02 F091 F382 F157 3A6B 1578 A821 | [04:24] |
Bugpowder_ | SAVE 5BTC | [04:24] |
kakobrekla | thats too much. | [04:24] |
BitHub | so use that whole thing? | [04:24] |
kakobrekla | neither of those is key id | [04:24] |
Bugpowder_ | I dunno | [04:24] |
Bugpowder_ | fuck | [04:24] |
kakobrekla | ;;getrating bugpowder | [04:25] |
gribble | WARNING: Currently not authenticated. User Bugpowder, rated since Tue Sep 11 08:01:46 2012. Cumulative rating 7, from 5 total ratings. Received ratings: 5 positive, 0 negative. Sent ratings: 3 positive, 0 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=Bugpowder | [04:25] |
BitHub | does mpex have a failsafe proof backup plan if a GLBSE happens? | [04:25] |
Bugpowder_ | 1573a6b1578a821 | [04:25] |
kakobrekla | http://bitcoin-otc.com/viewgpg.php?nick=Bugpowder | [04:25] |
Bugpowder_ | use that one | [04:25] |
kakobrekla | F15 | [04:25] |
kakobrekla | that is what you need | [04:25] |
mircea_popescu | Bugpowder_ he's trolling you. | [04:25] |
kakobrekla | Bugpowder_^^ | [04:25] |
mircea_popescu | AA148EAF40BE9C02F091F382F1573A6B1578A821 is teh right thing | [04:25] |
BitHub | ahh okey, thanks | [04:26] |
kakobrekla | afaik F1573A6B1578A821 is the right thing | [04:26] |
kakobrekla | faq says key id | [04:26] |
Bugpowder_ | F1573A6B1578A821 | [04:26] |
BitHub | i'll go with mircea | [04:26] |
Bugpowder_ | its tru | [04:26] |
mircea_popescu | the longer the better. | [04:26] |
Bugpowder_ | can we get a ROTA ruling | [04:26] |
kakobrekla | you are all fucked | [04:26] |
Bugpowder_ | ?? | [04:26] |
mircea_popescu | anyway, re failsafe : see the faq! | [04:26] |
mircea_popescu | there's a dump and all sorts of discussions | [04:26] |
BitHub | ahh check | [04:26] |
BitHub | will do | [04:26] |
mircea_popescu | rota rules you must all buy me a shrubbery. | [04:26] |
DeadWeasel | BitHub: just remember to breathe. | [04:27] |
* | BitHub is nervous | [04:27] |
BitHub | i only half know what i'm doing | [04:27] |
BitHub | but you gotta burn some btc to learn | [04:27] |
mircea_popescu | so relax, take it easy | [04:27] |
Bugpowder_ | BitHub put all your money in S.MPOE | [04:27] |
mircea_popescu | what's the hurry. | [04:27] |
Diablo-D3 | bithub, put all your money in dmc 2.0 | [04:28] |
Bugpowder_ | put all your money in ART | [04:28] |
DeadWeasel | or real estate. | [04:28] |
kakobrekla | put all your money in pirate. | [04:28] |
mircea_popescu | da fuck is art ? | [04:28] |
* | jborkl (~jborkl_@unaffiliated/jborkl) has joined #bitcoin-assets | [04:28] |
DeadWeasel | that has art on it. | [04:28] |
BitHub | i just want to start earning 1btc a day | [04:28] |
BitHub | as quickly as possible | [04:28] |
BitHub | off divs or whatever | [04:28] |
DeadWeasel | sell your ass | [04:28] |
DeadWeasel | or that | [04:28] |
Bugpowder_ | BitHub divs are not where its at | [04:29] |
Bugpowder_ | capital appreciation outweighs it | [04:29] |
mircea_popescu | he has a point. | [04:29] |
Bugpowder_ | So much capital flow into MPEX must go somewhere | [04:29] |
BitHub | have no idea what that means | [04:29] |
Bugpowder_ | stock price rises have crushed the dividends | [04:29] |
BitHub | oh | [04:29] |
mircea_popescu | actually i don't even have that much capital | [04:30] |
Bugpowder_ | Like S.DICE has paid out around what, .01? | [04:30] |
mircea_popescu | there's totally 5-6 mn still waiting for a home out there | [04:30] |
Bugpowder_ | err | [04:30] |
Bugpowder_ | .001 | [04:30] |
BitHub | i think a year from now i'll be doing alot better | [04:30] |
Bugpowder_ | but price has risen .0035 | [04:30] |
kakobrekla | !ticker m s.dice | [04:31] |
BitHub | just need to get that first n00b year out of the way | [04:31] |
mircea_popescu | sounds about right | [04:31] |
assbot | [MPEX:S.DICE] 1D: 0.00598092 / 0.00617859 / 0.00625 (29517 shares, 182.37 BTC), 7D: 0.004321 / 0.00619263 / 0.0064 (1926831 shares, 11,932.15 BTC), 30D: 0.00085848 / 0.0056144 / 0.0075 (8131062 shares, 45,651.11 BTC) | [04:31] |
Bugpowder_ | good, keep that positive attitude and you'll go far son. | [04:31] |
* | maximian has quit (Ping timeout: 252 seconds) | [04:31] |
BitHub | :) | [04:31] |
mircea_popescu | you know what i just realised ? | [04:31] |
BitHub | you're right mircea no rush | [04:31] |
mircea_popescu | there's actually perversely more room for stock appreciation than for dividends | [04:32] |
mircea_popescu | because the listed busiensses are MUCH better at their business than avg btc person at allocating capital | [04:32] |
Bugpowder_ | As risk perception of bitcoin goes down, stock price should approach a point where dividends are paying 5% of price a year | [04:33] |
BitHub | so buying and selling shares is much better than just waiting on divs? | [04:33] |
Bugpowder_ | buying mostly | [04:33] |
Bugpowder_ | but divs are nice too | [04:33] |
BitHub | every share i have pays a div, which is nice, long term play | [04:33] |
Bugpowder_ | S.MPOE is like the daytrading stock | [04:33] |
mircea_popescu | ;;calc 20*12*20 / 10000 | [04:33] |
gribble | 0.48 | [04:33] |
Bugpowder_ | bots are on it all the time | [04:33] |
mircea_popescu | so that'd be a half bitcoin s.dice | [04:34] |
Bugpowder_ | S.DICE is the heavy divvy stock | [04:34] |
Bugpowder_ | but I have concerns about their revenue staying up | [04:34] |
BitHub | yeah me too | [04:34] |
* | maximian (~maximian@S01062cb05d389a4b.vc.shawcable.net) has joined #bitcoin-assets | [04:34] |
mircea_popescu | mo money mo problems | [04:34] |
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BitHub | i think it might be the myspace of the bitcoin world | [04:34] |
Bugpowder_ | until I see more money flowing into the big betting accounts | [04:34] |
Bugpowder_ | S.BBET has potential, but got bought really high in the IPO | [04:34] |
BitHub | might be a passing fad? sdice | [04:35] |
Bugpowder_ | so shares are very expensive relative to current div | [04:35] |
Bugpowder_ | but most growth potential there | [04:35] |
BitHub | i purchased alot of s.bbet on ipo | [04:35] |
BitHub | long term play as well | [04:35] |
Bugpowder_ | Oh? | [04:35] |
Bugpowder_ | so you are not a n00b | [04:35] |
BitHub | kind of | [04:35] |
mircea_popescu | well, bitbet made ~1400 worth of bets in jan. there's already like 1300+ and it's half february | [04:35] |
mircea_popescu | or not even | [04:35] |
mircea_popescu | and the div was calculated on ~400 btc that closed in january. | [04:35] |
Bugpowder_ | so dividend payout is... | [04:36] |
mircea_popescu | prolly gonna increase | [04:36] |
BitHub | i love divs hehe | [04:36] |
Bugpowder_ | Then you have the futures | [04:36] |
Bugpowder_ | but nobody will buy them | [04:36] |
Bugpowder_ | for some reason | [04:36] |
BitHub | i don't understand those enough | [04:37] |
Bugpowder_ | despite the very resonable sale price on the current MAR futures | [04:37] |
Bugpowder_ | and the options | [04:37] |
Bugpowder_ | are where the real money is made | [04:37] |
Bugpowder_ | and lost | [04:37] |
mircea_popescu | ya options can well wipe you, esp short | [04:37] |
BitHub | do you think bbet would exchange some shares with me for some domains? | [04:39] |
Bugpowder_ | o fuk | [04:40] |
Bugpowder_ | 2200 bid at 24.5 | [04:40] |
* | copumpkin has quit (Read error: Connection reset by peer) | [04:41] |
kakobrekla | so much for cheap weekend coins | [04:41] |
Bugpowder_ | heh | [04:41] |
Bugpowder_ | we will see | [04:41] |
Bugpowder_ | I'm not giving up yet | [04:42] |
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kakobrekla | i have more euros comming in dunno it just doesnt stop | [04:42] |
mircea_popescu | ;;ticker | [04:48] |
gribble | BTCUSD ticker | Best bid: 25.20100, Best ask: 25.25167, Bid-ask spread: 0.05067, Last trade: 25.43850, 24 hour volume: 125018.23437143, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77011 | [04:48] |
mircea_popescu | rollercoaster of fun. | [04:48] |
mircea_popescu | BitHub you mean, they give shares for your domains ? | [04:48] |
DeadWeasel | unlikely | [04:49] |
Bugpowder_ | fuuuuuk | [04:49] |
Bugpowder_ | dis | [04:49] |
Bugpowder_ | I should have checked the reddit sentiment index | [04:49] |
mircea_popescu | ;;ticker | [04:49] |
gribble | BTCUSD ticker | Best bid: 25.21105, Best ask: 25.29999, Bid-ask spread: 0.08894, Last trade: 25.21103, 24 hour volume: 125052.58662713, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77029 | [04:49] |
mircea_popescu | lol | [04:50] |
mircea_popescu | Bugpowder_ what do you have now, calls ? puts ? | [04:50] |
kakobrekla | this is milk. | [04:50] |
Bugpowder_ | lots of puts | [04:50] |
mircea_popescu | o. | [04:50] |
Bugpowder_ | no volume on this move | [04:50] |
mircea_popescu | that may not be the best thing. | [04:50] |
Bugpowder_ | meh | [04:50] |
Bugpowder_ | we will see | [04:50] |
Bugpowder_ | Show me a 5k volume candleon the 15m and I'll believe it | [04:51] |
* | DeadWeasel has a post-secret moment. "i bought 50btc at $25" | [04:51] |
DeadWeasel | fawk | [04:51] |
DeadWeasel | but it looks less bad now | [04:52] |
Bugpowder_ | very very hard to time that shit | [04:52] |
DeadWeasel | I got most at 14-16 | [04:52] |
DeadWeasel | shoulda waited for todays dump though, but bugpowder is right | [04:52] |
DeadWeasel | ain't no way to know | [04:52] |
DeadWeasel | so I Hooooooooolllldd | [04:53] |
mircea_popescu | ya, nobody;'s timing this crap. | [04:53] |
DeadWeasel | i love the speculation thread on bitcointalk | [04:53] |
mircea_popescu | i mean even if you do it, | [04:53] |
mircea_popescu | you prolly got lucky. | [04:53] |
DeadWeasel | i geta kick out of it | [04:53] |
Bugpowder_ | I think we are gonna drop from here | [04:53] |
DeadWeasel | if you constantly watch the different charts, it's possible, but i work and eat and poop. | [04:53] |
mircea_popescu | ;;ticker | [04:55] |
gribble | BTCUSD ticker | Best bid: 25.21206, Best ask: 25.30000, Bid-ask spread: 0.08794, Last trade: 25.30000, 24 hour volume: 125063.37060347, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77082 | [04:55] |
mircea_popescu | hey vwap actually moving up | [04:55] |
Bugpowder_ | picking out apartments in santa monica | [04:55] |
* | Bugpowder_ has quit (Quit: Page closed) | [04:58] |
assbot | [MPEX] [S.MPOE] 19317 @ 0.00063722 = 12.3092 BTC [-] | [05:00] |
* | chippewa-adm (~chippewa_@204.11.229.46.static.etheric.net) has joined #bitcoin-assets | [05:00] |
assbot | [MPEX] [S.MPOE] 2033 @ 0.00063722 = 1.2955 BTC [-] | [05:06] |
assbot | [MPEX] [S.MPOE] 1665 @ 0.00064701 = 1.0773 BTC [+] | [05:06] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064784 = 2.7993 BTC [+] | [05:06] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064784 = 2.7993 BTC [+] | [05:06] |
assbot | [MPEX] [S.MPOE] 1810 @ 0.00064785 = 1.1726 BTC [+] | [05:06] |
* | Bugpowder (47ab6a02@gateway/web/freenode/ip.71.171.106.2) has joined #bitcoin-assets | [05:07] |
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assbot | [MPEX] [S.MPOE] 3754 @ 0.00063696 = 2.3911 BTC [-] | [05:08] |
assbot | [MPEX] [S.MPOE] 2096 @ 0.0006368 = 1.3347 BTC [-] | [05:08] |
assbot | [MPEX] [S.MPOE] 2225 @ 0.0006368 = 1.4169 BTC [-] | [05:09] |
assbot | [MPEX] [S.MPOE] 4615 @ 0.00063679 = 2.9388 BTC [-] | [05:09] |
assbot | [MPEX] [S.MPOE] 5191 @ 0.00064785 = 3.363 BTC [+] | [05:12] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006518 = 2.8164 BTC [+] | [05:12] |
assbot | [MPEX] [S.MPOE] 6500 @ 0.00065181 = 4.2368 BTC [+] | [05:12] |
mircea_popescu | ;;ticker | [05:14] |
gribble | BTCUSD ticker | Best bid: 25.00929, Best ask: 25.19900, Bid-ask spread: 0.18971, Last trade: 25.19900, 24 hour volume: 126127.08330674, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.77347 | [05:14] |
assbot | [BTCTC] [S.DICE-PT] 100 @ 0.0063 = 0.63 BTC [+] | [05:17] |
assbot | [BTCTC] [S.MPOE-PT] 1 @ 0.00067 BTC [-] | [05:19] |
assbot | [BTCTC] [S.MPOE-PT] 500 @ 0.00067 = 0.335 BTC [-] | [05:19] |
assbot | [MPEX] [S.MPOE] 692 @ 0.00065181 = 0.4511 BTC [+] | [05:23] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065205 = 2.8175 BTC [+] | [05:23] |
assbot | [MPEX] [S.MPOE] 1000 @ 0.00065222 = 0.6522 BTC [+] | [05:23] |
assbot | [MPEX] [S.MPOE] 4781 @ 0.00065223 = 3.1183 BTC [+] | [05:23] |
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Bugpowder | ha, the new header borked my spreadsheet | [05:29] |
Bugpowder | fixed now | [05:29] |
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swhitt | is there a way to subscribe to the trades feed without polling the rss feed? | [05:35] |
swhitt | and how often is considered kosher (on MPEx) | [05:36] |
assbot | [BTCTC] [B.YABMC] 1 @ 0.0157 BTC [-] | [05:37] |
assbot | [BTCTC] [B.YABMC] 8 @ 0.0156 = 0.1248 BTC [-] | [05:38] |
assbot | [BTCTC] [B.YABMC] 1 @ 0.0154 BTC [-] | [05:38] |
assbot | [MPEX] [S.MPOE] 13250 @ 0.00065223 = 8.642 BTC [+] | [05:39] |
* | toffoo (~tof@177.192.122.55) has joined #bitcoin-assets | [05:40] |
assbot | [BTCTC] [GSDPT] 10 @ 0.00595 = 0.0595 BTC [-] | [05:41] |
assbot | [BTCTC] [GSDPT] 10 @ 0.0061 = 0.061 BTC [+] | [05:41] |
assbot | [BTCTC] [GSDPT] 20 @ 0.0061 = 0.122 BTC [+] | [05:42] |
kakobrekla | ;;ticker | [05:42] |
gribble | BTCUSD ticker | Best bid: 25.56458, Best ask: 25.57789, Bid-ask spread: 0.01331, Last trade: 25.42042, 24 hour volume: 131695.93004727, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.80064 | [05:42] |
kakobrekla | lolz | [05:42] |
assbot | [BTCTC] [S.BBET-PT] 10 @ 0.00195 = 0.0195 BTC [-] | [05:42] |
kakobrekla | 25.9 | [05:43] |
kakobrekla | haha | [05:43] |
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kakobrekla | unserious. | [05:43] |
Namworld | wow, did it bounce back to 26? | [05:44] |
Namworld | Look at the depth charts tho | [05:44] |
Namworld | http://www.bitcoincharts.com/markets/mtgoxUSD.html | [05:44] |
kakobrekla | 5k buy 5 min ago | [05:44] |
assbot | [BTCTC] [BTC-BOND] 1 @ 0.00981 BTC [-] | [05:45] |
assbot | [BTCTC] [BTC-BOND] 1 @ 0.00981 BTC [-] | [05:45] |
kakobrekla | i am aware of depth, lookin at same thing since 2011 or what was it | [05:45] |
kakobrekla | http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png | [05:45] |
assbot | [BTCTC] [S.MPOE-PT] 100 @ 0.00067 = 0.067 BTC [-] | [05:46] |
Bugpowder | fuk | [05:46] |
assbot | [BTCTC] [S.DICE-PT] 1 @ 0.0063 BTC [+] | [05:46] |
kakobrekla | preety insane eh | [05:46] |
Bugpowder | deez nuts | [05:47] |
kakobrekla | there we go, bids rising | [05:47] |
Bugpowder | I wish I had enough coins to destroy this rally | [05:48] |
assbot | [BTCTC] [MININGCO.ETF] 3 @ 0.59 = 1.77 BTC [+] | [05:49] |
Namworld | One of the larger player off to sell off a good chunk soon before it's too late. | [05:49] |
Bugpowder | stay strong NAMWORLD | [05:49] |
Namworld | What for? | [05:50] |
Namworld | I'm certain it will go back down hard soon. | [05:50] |
Namworld | But I'm not 100% sure that soon will be before the 22th | [05:50] |
Namworld | Either way, I put 280 BTC down on my puts | [05:51] |
Bugpowder | sheeeit | [05:52] |
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Bugpowder | there was a 5k green candle on the bounce now | [05:52] |
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Namworld | Old news | [05:53] |
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Bugpowder | make the dings stopppp | [05:53] |
Bugpowder | I dunnot though | [05:53] |
Bugpowder | that was a HEAVY move down | [05:54] |
Bugpowder | not convinced the drop is done | [05:54] |
Bugpowder | christ on a stick | [05:54] |
assbot | [MPEX] [S.MPOE] 1130 @ 0.00065223 = 0.737 BTC [+] | [05:54] |
assbot | [MPEX] [S.MPOE] 9970 @ 0.00065228 = 6.5032 BTC [+] | [05:54] |
Namworld | I am not either... | [05:54] |
Namworld | Dropped a lot, then it started going back up fast | [05:55] |
Bugpowder | it was a slow fall | [05:55] |
Namworld | people bought... but that was because there's no market depth. | [05:55] |
Bugpowder | fo a while | [05:55] |
Namworld | I look at the depth charts | [05:55] |
Bugpowder | Well... Cant exite | [05:55] |
Bugpowder | without assrapage | [05:55] |
Bugpowder | I'll sleep on it | [05:55] |
Bugpowder | That dude that covered his put short | [05:56] |
Bugpowder | raped again | [05:56] |
Bugpowder | he is MPOEs best freind | [05:56] |
assbot | [MPEX] [S.MPOE] 5796 @ 0.00065169 = 3.7772 BTC [-] | [05:56] |
Namworld | When it's either lose 90% on exiting or stay on your decision... | [05:56] |
Bugpowder | funds half the bond | [05:56] |
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Namworld | Better stick to your decision. That 10% will be no consolation. | [05:56] |
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Bugpowder | this still comforts me | [05:57] |
Bugpowder | http://bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png | [05:57] |
Namworld | Well yeah, at least rally looks killed. | [05:57] |
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Bugpowder | i dunno | [05:58] |
Bugpowder | I just dont know | [05:58] |
Bugpowder | I don't think it was a bad call though | [05:58] |
Bugpowder | like | [05:58] |
Bugpowder | I bought the puts at 25.00 | [05:58] |
Bugpowder | and it went to 21.72 | [05:59] |
Bugpowder | that is not a bad call | [05:59] |
Namworld | I think the odds of the rally going down before the 22th are good. That first drop and more bearish ask is good enough to me. | [05:59] |
Namworld | I've been waiting on it for weeks. | [05:59] |
Bugpowder | going to bed | [06:00] |
Bugpowder | good luck | [06:00] |
Namworld | To you too. | [06:00] |
assbot | [BTCTC] [BTC-GOLD] 10 @ 0.0299 = 0.299 BTC [+] | [06:00] |
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assbot | [HAVELOCK] [SDICE] 1 @ 0.7499998 BTC [+] | [06:03] |
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mircea_popescu | ;;ticker | [06:08] |
gribble | BTCUSD ticker | Best bid: 25.78395, Best ask: 26.00000, Bid-ask spread: 0.21605, Last trade: 26.25000, 24 hour volume: 137291.37159601, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.87115 | [06:08] |
mircea_popescu | sooo.. back up ? | [06:08] |
kakobrekla | im suprised | [06:08] |
Namworld | Some bought back a few thousands... | [06:08] |
Namworld | But now the bids depths are very short | [06:09] |
Namworld | http://www.bitcoincharts.com/charts/mtgoxUSD/accumulated_orderbook.png | [06:09] |
mircea_popescu | methinks the mtgox book may be as meaningless as the mpex book. | [06:13] |
Namworld | Maybe | [06:13] |
mircea_popescu | swhitt i guess you could use feedburner or such ? | [06:14] |
swhitt | mircea_popescu: hi | [06:14] |
mircea_popescu | [06:14] | |
swhitt | I was just wondering how often would be considered 'impolite' by yourself | [06:14] |
swhitt | if I were to be polling for changes | [06:15] |
mircea_popescu | the rss ? anything over 10 times a minute i guess | [06:15] |
* | ShaTwo has quit (Quit: ShaTwo) | [06:16] |
assbot | [MPEX] [S.MPOE] 7125 @ 0.00065228 = 4.6475 BTC [+] | [06:16] |
mircea_popescu | !ticker m s.mpoe | [06:16] |
assbot | [MPEX:S.MPOE] 1D: 0.00063679 / 0.00064992 / 0.00066142 (1336281 shares, 868.48 BTC), 7D: 0.0006153 / 0.00065743 / 0.0007 (18930104 shares, 12,445.28 BTC), 30D: 0.00059445 / 0.00066264 / 0.0007 (72883171 shares, 48,295.65 BTC) | [06:16] |
swhitt | mircea_popescu: oh, ok. I won't be anything near that. I'd let you know before I did anything close to that. How often does assbot poll? | [06:17] |
mircea_popescu | assbot gets a push | [06:17] |
swhitt | ah | [06:18] |
mircea_popescu | you can also get the twitter feed, if you have a twitter api key | [06:18] |
mircea_popescu | (twitter also gets a push) | [06:18] |
swhitt | no way to subscribe to a push at this time? | [06:18] |
mircea_popescu | nah, not currently. | [06:18] |
swhitt | that might be easier to ensure that everything is up to date. | [06:18] |
swhitt | kk | [06:18] |
swhitt | thanks for the info | [06:18] |
mircea_popescu | ya but you'd have to be strategically important. in general what im thinking is push to some high uptime strong distribution networks and everyone can poll those | [06:19] |
mircea_popescu | seems the most stable/efficient solution | [06:19] |
mircea_popescu | you can probably configure a listener bot in this chan and it can push to you wherever tho | [06:19] |
swhitt | yeah, I completely understand. That makes sense. | [06:19] |
kakobrekla | if you give me an intiative, i can repush. | [06:20] |
swhitt | well, I'd want redundancy if it wasn't the "official" feed | [06:20] |
swhitt | so I might do a combination of twitter+irc | [06:20] |
swhitt | let me see. | [06:20] |
Namworld | http://www.bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=1&s=2008-11-01&e=2013-02-14&Prev=&Next=&t=S&b=&a1=SMA&m1=365&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& | [06:21] |
kakobrekla | ;;ticker | [06:21] |
gribble | BTCUSD ticker | Best bid: 25.93500, Best ask: 26.00000, Bid-ask spread: 0.06500, Last trade: 26.00000, 24 hour volume: 141166.77007292, 24 hour low: 21.72100, 24 hour high: 26.30000, 24 hour vwap: 24.90903 | [06:21] |
Namworld | That brown line is average growth on 365 days | [06:21] |
mircea_popescu | that shows uptrend neh ? | [06:21] |
assbot | [MPEX] [S.MPOE] 3455 @ 0.00065228 = 2.2536 BTC [+] | [06:22] |
Namworld | yeah, uptrend. But the current price? Might be a bubble. | [06:22] |
assbot | [MPEX] [S.MPOE] 12295 @ 0.00065327 = 8.032 BTC [+] | [06:22] |
swhitt | is there any way to see 2nd derivative of that trendline? | [06:22] |
Namworld | I don't know | [06:23] |
Namworld | The price raising fast over the yearly trend seems to be near pirate end, when lots of people got burned. Dropped a bit afterward. Then everyone started to load up for some reason. | [06:24] |
Namworld | Now in the last days, no asks almost. Price skyrocketed, no one was selling. | [06:24] |
Namworld | It just seems like that price is not sustainable to me. Although I think Bitcoins are worth more than last year and will continue trending upward. | [06:25] |
Namworld | It's just that now, we're way too high. | [06:25] |
mircea_popescu | well not really. | [06:26] |
mircea_popescu | the thing with bitcoin is, the larger the total value the more appealing they are to people. | [06:26] |
mircea_popescu | so i think one of the reasons price is going up is to give space for various interests. | [06:26] |
assbot | [HAVELOCK] [SDICE] 3 @ 0.748 = 2.244 BTC [-] | [06:30] |
ThickAsThieves | finally caught up on the chat log, mp, that stripper thread is great | [06:30] |
Namworld | Maybe... I don't see the appeal in higher prices tho | [06:31] |
assbot | [MPEX] [S.MPOE] 4305 @ 0.00065327 = 2.8123 BTC [+] | [06:31] |
assbot | [MPEX] [S.MPOE] 7645 @ 0.00065379 = 4.9982 BTC [+] | [06:31] |
mircea_popescu | ThickAsThieves totally. she owns them like.... | [06:31] |
mircea_popescu | Namworld well the appeal is this : if you go to iran and say hey, don't be stupid moving your dough on aplane, move it in bitcoin | [06:32] |
mircea_popescu | they go "does bitcoin have enough mkt cap to cover 200mn ?!" | [06:32] |
mircea_popescu | you better be able to say yes. | [06:32] |
assbot | [HAVELOCK] [KCIM] 2 @ 0.99 = 1.98 BTC [+] | [06:33] |
assbot | [HAVELOCK] [SDICE] 1 @ 0.748 BTC [-] | [06:34] |
ThickAsThieves | Do BitBets resolve before their closing date if satisfied? http://bitbet.us/bet/221/btc-usd-at-mtgox-will-stay-above-20-24-and/ | [06:34] |
ThickAsThieves | or do they stick to the schedule regardless | [06:34] |
ThickAsThieves | (high was 26.60) | [06:34] |
kakobrekla | ;;ticker | [06:35] |
gribble | BTCUSD ticker | Best bid: 26.20004, Best ask: 26.25000, Bid-ask spread: 0.04996, Last trade: 26.25000, 24 hour volume: 146215.43264948, 24 hour low: 21.72100, 24 hour high: 26.60000, 24 hour vwap: 24.95764 | [06:35] |
mircea_popescu | [06:35] | |
Namworld | it doesn't... if anyone would buy for that much, would skyrocket the price. But then if he wants to sell? | [06:35] |
ThickAsThieves | he doesnt sell, he keeps transacting in BTC | [06:36] |
ThickAsThieves | or sells slowly | [06:36] |
ThickAsThieves | or both more likely | [06:36] |
kakobrekla | interesting moody shows 26.3 high? | [06:36] |
ThickAsThieves | btccharts is where i got mine | [06:37] |
kakobrekla | the thing is | [06:37] |
ThickAsThieves | mtgox.com shows it too | [06:37] |
kakobrekla | some prices are converted | [06:37] |
kakobrekla | mtgox usd never reached that high | [06:37] |
kakobrekla | mtgox xxx did | [06:38] |
kakobrekla | converted to usd ... goes over it | [06:38] |
jcpham | Up huh? | [06:38] |
maximian | 26.65… this rally is mad | [06:38] |
ThickAsThieves | hehe | [06:39] |
jcpham | I am without computer | [06:39] |
ThickAsThieves | that good kako? :) | [06:39] |
ThickAsThieves | https://mtgox.com/index.html?Currency=USD | [06:39] |
jcpham | So afk it hurtz | [06:39] |
mircea_popescu | ;;later tell bugpowder hey man! new top. 26.6! | [06:39] |
gribble | The operation succeeded. | [06:39] |
mircea_popescu | ;;ticker | [06:39] |
gribble | BTCUSD ticker | Best bid: 26.19070, Best ask: 26.34181, Bid-ask spread: 0.15111, Last trade: 26.64000, 24 hour volume: 147736.52475072, 24 hour low: 21.72100, 24 hour high: 26.65000, 24 hour vwap: 24.97344 | [06:39] |
kakobrekla | yes it just passed 26.6 in gox usd | [06:40] |
mircea_popescu | yuppers | [06:40] |
mircea_popescu | crzy | [06:40] |
kakobrekla | fucked | [06:40] |
ThickAsThieves | i bet about 3btc on monday morning :) | [06:40] |
ThickAsThieves | i think it was monday... no matter | [06:41] |
Namworld | It's a bulltrap... don't listen to mircea... there's some dude who bought tons of calls. He wants price to go down. He just wants more people to buy calls prior to that =P | [06:41] |
ThickAsThieves | after our conversation about BitBet ive been hanging there more | [06:41] |
Namworld | That bitcoins are sustainably worth that much... it's a possibility but I'm betting against it. | [06:42] |
mircea_popescu | lol wut | [06:42] |
mircea_popescu | anyway, im off to bed. take care all! | [06:43] |
ThickAsThieves | man, people are panic buying and will for a while | [06:43] |
ThickAsThieves | adios | [06:43] |
Namworld | Bye | [06:43] |
Namworld | Maybe I'm just a fool... put the average bitcoiner and newbies seem incredibly bearish... that gotta blow up at some point. | [06:43] |
ThickAsThieves | nah, bears are just loud | [06:44] |
broomkorn | ROAR | [06:44] |
Namworld | eh | [06:44] |
Namworld | I meant bullish >.> | [06:44] |
ThickAsThieves | i'm not saying *something* cant stop the rally | [06:44] |
ThickAsThieves | but the natural course is up | [06:44] |
ThickAsThieves | people are investing every day in BTC | [06:44] |
pigeons | how long have you been here ThickAsThieves? | [06:45] |
Namworld | That's the kind of thoughts that creates bubbles... natural course is up... everyone is investing in it... we'll always have someone else to sell to | [06:45] |
* | Now talking on #bitcoin-assets | [11:51] |
* | Topic for #bitcoin-assets is: Bitcoin asset exchanges: http://mpex.co || https://coinbr.com || https://www.havelockinvestments.com || https://btct.co || https://bitfunder.com || https://icbit.se || https://cryptostocks.com || https://therocktrading.com || http://picostocks.com || list bot commands: !help || Streaming trades only: #bitcoin-assets-trades || biased msg: http://bit4x.com | [11:51] |
* | Topic for #bitcoin-assets set by kakobrekla!~T42@89-212-41-49.static.t-2.net at Thu Feb 14 01:53:47 2013 | [11:51] |
mircea_popescu | ;;ticker | [11:51] |
gribble | BTCUSD ticker | Best bid: 25.96624, Best ask: 26.01999, Bid-ask spread: 0.05375, Last trade: 25.96624, 24 hour volume: 158444.85494761, 24 hour low: 21.72100, 24 hour high: 26.65000, 24 hour vwap: 25.05489 | [11:51] |
mircea_popescu | heh. wild times | [11:51] |
assbot | [BTCTC] [S.MPOE-PT] 1 @ 0.00067 BTC [-] | [11:51] |
mircea_popescu | Anonymous | [11:54] |
mircea_popescu | fuck you bitcoin i lost. | [11:54] |
mircea_popescu | lol sweet tears | [11:54] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006428 = 2.7775 BTC [+] | [12:02] |
assbot | [MPEX] [S.MPOE] 4629 @ 0.00064308 = 2.9768 BTC [+] | [12:03] |
* | B0g4r7 has quit (Ping timeout: 276 seconds) | [12:04] |
assbot | [MPEX] [S.MPOE] 4788 @ 0.00063992 = 3.0639 BTC [-] | [12:09] |
assbot | [MPEX] [S.MPOE] 1762 @ 0.00063917 = 1.1262 BTC [-] | [12:09] |
* | B0g4r7 (natty@103.sub-75-192-58.myvzw.com) has joined #bitcoin-assets | [12:09] |
assbot | [MPEX] [S.MPOE] 2559 @ 0.00063917 = 1.6356 BTC [-] | [12:21] |
assbot | [MPEX] [S.MPOE] 5841 @ 0.00063916 = 3.7333 BTC [-] | [12:21] |
Namworld | mircea: ? | [12:22] |
Namworld | Did the guy with calls cash out already? | [12:23] |
mircea_popescu | http://bitbet.us/bet/221/btc-usd-at-mtgox-will-stay-above-20-24-and/ | [12:23] |
mircea_popescu | that. | [12:23] |
Namworld | oh. Lol | [12:23] |
mjr__ | what is the vwap at now? | [12:24] |
assbot | [MPEX] [S.MPOE] 6009 @ 0.00063916 = 3.8407 BTC [-] | [12:24] |
assbot | [MPEX] [S.MPOE] 12891 @ 0.000638 = 8.2245 BTC [-] | [12:24] |
mircea_popescu | ;;ticker | [12:24] |
gribble | BTCUSD ticker | Best bid: 26.07000, Best ask: 26.07001, Bid-ask spread: 0.00001, Last trade: 26.07001, 24 hour volume: 158889.21035303, 24 hour low: 21.72100, 24 hour high: 26.65000, 24 hour vwap: 25.05851 | [12:24] |
mjr__ | ;;bc,24hprc | [12:24] |
mircea_popescu | 25.05 | [12:24] |
gribble | 25.01 | [12:24] |
mircea_popescu | somewhere there. | [12:24] |
mjr__ | ok cool | [12:25] |
mjr__ | options can be complicated enough without worrying about fx risk on top lol | [12:26] |
mircea_popescu | "Yeah, yeah, I can tell you do not have a very highly developed capacity for abstract thinking -- developers do not necessarily care much about the design of things but often prioritize functionality, i. e. you are not my target market so go and play with some lego blocks, I am sure you will find them colorful and appealing." | [12:26] |
mircea_popescu | dude totally. | [12:26] |
mircea_popescu | i dunno why people keep ragging on mpoe-pr, she never says shit like that. | [12:26] |
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* | terryww (~terryww@95.87.143.250) has joined #bitcoin-assets | [12:33] |
mircea_popescu | http://www.btcguild.com/halloffame.php | [12:35] |
mircea_popescu | o hey that guy is going well. | [12:35] |
mjr__ | mircea, do you think that coinbase could be a large part of this rally? | [12:39] |
mjr__ | they are pretty new and supposedly doing a ton of volume | [12:39] |
mjr__ | expanding the user base | [12:39] |
mircea_popescu | possibru | [12:40] |
mjr__ | has to have some impact, i think it's a combination of them and the ton of news coming out about bitcoins | [12:40] |
mjr__ | i even think that it is possible that if they have halted sales due to demand, that they caused the dip | [12:41] |
mjr__ | but purely speculative | [12:41] |
mircea_popescu | maybe it's driven by people trying to get on mpex. | [12:41] |
mjr__ | i mean a million dollars a month is not crazy, but i think it would move the market | [12:41] |
mjr__ | lol, s.dice is doing well for me right now | [12:41] |
mjr__ | but mpoe is undervalued i think | [12:41] |
mjr__ | i hold both | [12:42] |
mjr__ | but i look forward to the end of the month report | [12:42] |
mircea_popescu | won't be long now | [12:42] |
mjr__ | yeah, can you believe that someone said to me on reddit (of course you can) that exchange rate has nothing to do with returns | [12:43] |
mjr__ | ie. you either hold S.DICE or you hold Bitcoins | [12:43] |
mjr__ | i'm like, you sell and buy S.DICE or S.MPOE using bitcoins, it's a way to grow your bitcoins, and the value of those bitcoins changes, so your total return when measured in dollars is a function of both effects | [12:44] |
mircea_popescu | well, people think that s.dice betting volumes are somehow related to bitcoin price | [12:45] |
mircea_popescu | this may or may not be true. if you look at the graphs there's no relation so far. | [12:45] |
mircea_popescu | but maybe because other factors drowned it out and will be more apparent in the future. | [12:45] |
mjr__ | true | [12:47] |
mjr__ | but that does not change the fact that when measured in USD, your total return is still a function of price of bitcoins and price of shares + dividends | [12:47] |
mjr__ | same on any stock exchange when you are in a different country | [12:47] |
mjr__ | if i buy japanese stocks on nikei, i have to also account for yen/usd exchange | [12:48] |
mjr__ | anyway, if i am expecting financial savvy on reddit, i should get my head checked | [12:48] |
mircea_popescu | this is true. | [12:48] |
mircea_popescu | on all counts lol | [12:49] |
assbot | [BTCTC] [B.YABMC] 1 @ 0.0242 BTC [+] | [12:49] |
mjr__ | http://www.universa.net/ check out this site, the first message is amazingly true | [12:50] |
assbot | [MPEX] [S.MPOE] 1750 @ 0.00064308 = 1.1254 BTC [+] | [12:50] |
mircea_popescu | i get http://www.adobe.com/images/shared/download_buttons/get_flash_player.gif | [12:52] |
mjr__ | lol, yeah, it is a flash heavy site | [12:52] |
mjr__ | but the first quote is... | [12:52] |
* | copumpkin has quit (Ping timeout: 264 seconds) | [12:53] |
assbot | [MPEX] [S.MPOE] 1962 @ 0.00064308 = 1.2617 BTC [+] | [12:53] |
assbot | [MPEX] [S.MPOE] 3238 @ 0.00064399 = 2.0852 BTC [+] | [12:53] |
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mjr__ | There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. | [12:54] |
mjr__ | it's the hedge fund that nassim taleb works at | [12:54] |
mjr__ | i just finished antifragile, and i think it is a great book, i just wonder if he is aware of bitcoins | [12:55] |
mircea_popescu | he's prolly right. | [12:55] |
mjr__ | that was a quote from ludwig von mises | [12:56] |
mircea_popescu | i think the bitcoin gambit currently is to try and persuade some hedge fund people. | [12:56] |
mjr__ | that is what i am working on | [12:56] |
mjr__ | because that will change everything | [12:56] |
mjr__ | if you can bridge wall st and bitcoins | [12:56] |
mjr__ | you can first of all get a rally up to $100 if capital starts pouring in | [12:56] |
mjr__ | and second of all gain legitimacy as they are behind it | [12:56] |
wao | http://bitbet.us/bet/153/s-mpoe-will-rise-this-spring/ | [12:57] |
mjr__ | since they have washington in their pocket | [12:57] |
mjr__ | my original plan was to get a public company with bitcoins as assets | [12:57] |
mjr__ | but i would have to do a reverse merger for that and buy a public company | [12:58] |
mjr__ | so might be too hard | [12:58] |
mjr__ | so now i am looking at a slower approach to start a hedge fund type deal | [12:58] |
mjr__ | i already convinced the CEO of my company and he is meeting with some Forex guys and is going to see if they could offer a product using bitcoins | [12:59] |
mjr__ | at some point, people on wall st will realize that instead of gold, bitcoins are a much better opportunity against the dollar | [12:59] |
mircea_popescu | they're realising. | [12:59] |
mjr__ | at that point, there will be an influx of capital that has never been seen in bitcoin | [12:59] |
mjr__ | they are | [12:59] |
mircea_popescu | a bunch of mpex traders are actually traders. | [12:59] |
mjr__ | i agree | [13:00] |
mjr__ | i know | [13:00] |
mircea_popescu | this has been going on for a while by now. | [13:00] |
mjr__ | i know that a lot of people in this field are in finance | [13:00] |
mjr__ | but they do this on their own | [13:00] |
mjr__ | soon, it will be financial companies | [13:00] |
mjr__ | and at that point, we will see a ton of demand all at once | [13:00] |
mjr__ | in my opinion | [13:00] |
mjr__ | egypt, argentina, venezuela etc. | [13:01] |
mjr__ | fiat currencies are failing hard | [13:01] |
mjr__ | and today i realized that our system is not tried and proven, it is very very new, we only adopted this in the US in 1971 | [13:01] |
mjr__ | so it is still an experiment, having money not backed by any asset | [13:02] |
mjr__ | if someone could start an ETF that tracks bitcoins, that would change everything, that is what i was trying to do, but it is hard | [13:02] |
mjr__ | getting it publicly available would cost like 50k, and that is just basically a setup fee | [13:03] |
mircea_popescu | so why's that hard ? | [13:03] |
mjr__ | well...you get no return on that 50k | [13:04] |
mircea_popescu | all you need is someone start a general partnership with a few tens of mils from a dozen friends | [13:04] |
mircea_popescu | and it's done | [13:04] |
mjr__ | well yeah | [13:04] |
mircea_popescu | prolly happen this year, too. | [13:04] |
mjr__ | if i had a few tens of mills it would be done already | [13:04] |
mjr__ | its easy, you let people buy a bitcoin backed ETF with their etrade accounts | [13:05] |
mjr__ | they have a hedge against the dollar | [13:05] |
mjr__ | inflation proof | [13:05] |
mjr__ | and currently yielding great returns | [13:05] |
mjr__ | just a tiny fraction of the money on wall street could quadruple the "market cap" of bitcoin | [13:05] |
mircea_popescu | o no | [13:05] |
mircea_popescu | this would not be open to the masses for a decade at least. | [13:06] |
mircea_popescu | you have to understand the "for people" attitude internet dweebs immediately paint over bitcoin is nothing of any consequence | [13:06] |
mircea_popescu | they do it because that's all their experience allows. | [13:06] |
mircea_popescu | otherwise, bitcoin is strictly for the elite. | [13:06] |
assbot | [MPEX] [S.MPOE] 1083 @ 0.00064399 = 0.6974 BTC [+] | [13:06] |
mjr__ | well yeah | [13:06] |
assbot | [MPEX] [S.MPOE] 15102 @ 0.000644 = 9.7257 BTC [+] | [13:06] |
mjr__ | but if you have a publicly traded stock | [13:06] |
mjr__ | anyone can buy it | [13:06] |
mircea_popescu | but you don't. | [13:06] |
mjr__ | yeah :( not yet | [13:07] |
mircea_popescu | you get a closed partnership with a billion under management | [13:07] |
mjr__ | that is a nice way to do it too | [13:07] |
mircea_popescu | why bother offer it to the public ? the incentives just aren't there | [13:07] |
mjr__ | but i really want to offer it to the public | [13:07] |
mircea_popescu | i guess you do, but that's neither here nor there. | [13:07] |
mjr__ | so that everyone, even old people who don't understand, can get exposure | [13:07] |
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mircea_popescu | old people that don't understand shouldn't get exposure. | [13:07] |
mircea_popescu | actually : they should *not* get exposure. | [13:07] |
mjr__ | well | [13:08] |
mjr__ | i don't want to see us recreate the current system | [13:08] |
mjr__ | but just put ourselves in positions of power | [13:08] |
mjr__ | i want to see everyone enjoy this new change | [13:08] |
mjr__ | or at least have the option to | [13:08] |
mircea_popescu | dude. somebody who doesn't understand does not and can not have a position of power. | [13:09] |
mircea_popescu | they'll just hurt themselves. | [13:09] |
assbot | [MPEX] [S.DICE] 900 @ 0.00616999 = 5.553 BTC [+] | [13:09] |
mjr__ | well not power | [13:11] |
mjr__ | but i want to make it easier for them to get exposure to the bitcoin economy | [13:11] |
mjr__ | without having to actually get involved | [13:11] |
mjr__ | similar to gold ETF | [13:11] |
mircea_popescu | why ? | [13:11] |
mircea_popescu | this is a bad idea. | [13:11] |
mircea_popescu | getting involved is a guarantee they put the effort into understanding. | [13:11] |
mjr__ | well, not if they just buy shares using investment account | [13:12] |
mircea_popescu | if they can't be bothered to do that, there's no reason to suspect they won't hurt themselves. | [13:12] |
mjr__ | true | [13:12] |
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mjr__ | but i think the option should be there | [13:12] |
mjr__ | so that anyone can actually have a portfolio with publicly traded shares | [13:12] |
mjr__ | that touches the world of bitcoins | [13:12] |
mjr__ | so, whether it is a hedge fund or a public company or an etf | [13:13] |
mircea_popescu | anyone currently can | [13:13] |
mircea_popescu | for 30 btc and a little gpg knowledge. | [13:13] |
mjr__ | i think something along those lines is coming | [13:13] |
mjr__ | :) | [13:13] |
assbot | [MPEX] [S.MPOE] 1115 @ 0.00064459 = 0.7187 BTC [+] | [13:13] |
assbot | [MPEX] [S.MPOE] 2385 @ 0.000638 = 1.5216 BTC [-] | [13:13] |
mjr__ | gpg is also going to be huge | [13:13] |
mircea_popescu | it literally takes the average knowledgeable person 1 hour to go from holding some fiat to holding some btc stocks. | [13:13] |
mircea_popescu | now, that they'e not knowledgeable is ok, but should be fixed there, | [13:14] |
mircea_popescu | not at thios other end | [13:14] |
mjr__ | but also, i think it is so funny that someone tried to do the idea in reverse | [13:14] |
mircea_popescu | what do you mean ? | [13:14] |
mjr__ | a hedge fund wanted to raise btc so they could convert it out of btc and put it into the stock market | [13:14] |
mjr__ | they were on twitter called btchedgefund or something | [13:14] |
mjr__ | https://twitter.com/BTCHedgeFund | [13:15] |
mjr__ | so backwards | [13:15] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064498 = 2.787 BTC [+] | [13:15] |
mjr__ | let me take your btc and put it into dollars | [13:15] |
assbot | [MPEX] [S.MPOE] 1179 @ 0.000645 = 0.7605 BTC [+] | [13:15] |
mjr__ | going to grab a smoke brb | [13:15] |
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mjr__ | it's funny though, my friend who i work with is so impressed with nomura because they use pgp | [13:22] |
assbot | [MPEX] [S.MPOE] 534 @ 0.000638 = 0.3407 BTC [-] | [13:22] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063796 = 2.7566 BTC [-] | [13:22] |
assbot | [MPEX] [S.MPOE] 6773 @ 0.00063795 = 4.3208 BTC [-] | [13:22] |
mjr__ | he was like that is the future, they really have their shit together | [13:22] |
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mircea_popescu | mjr__ ya that's nonsense | [13:27] |
mjr__ | what is? | [13:28] |
mircea_popescu | also often these are simply scams. | [13:28] |
mircea_popescu | the backwards | [13:28] |
mjr__ | yeah for sure | [13:28] |
mjr__ | one of the things that i take away from all that i've experienced in bitcoins is that if you expect scams, you are safer than getting blindsided by "mortgage-back securities" or credit default swaps | [13:32] |
mjr__ | the key is to know the risk and the downside | [13:33] |
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mircea_popescu | hopefully at least. | [13:38] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00063805 = 2.757 BTC [+] | [13:57] |
assbot | [MPEX] [S.MPOE] 1179 @ 0.00063795 = 0.7521 BTC [-] | [13:57] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00064481 = 2.7862 BTC [+] | [14:26] |
assbot | [MPEX] [S.MPOE] 5157 @ 0.000645 = 3.3263 BTC [+] | [14:26] |
assbot | [MPEX] [S.MPOE] 64 @ 0.00063797 = 0.0408 BTC [-] | [14:35] |
assbot | [MPEX] [S.MPOE] 1600 @ 0.00063796 = 1.0207 BTC [-] | [14:35] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063796 = 2.7566 BTC [-] | [14:35] |
assbot | [MPEX] [S.MPOE] 9932 @ 0.00063795 = 6.3361 BTC [-] | [14:35] |
assbot | [MPEX] [S.MPOE] 1833 @ 0.00063754 = 1.1686 BTC [-] | [14:35] |
* | DeaDTerra (~DeaDTerra@226.169.216.81.static.apv.siw.siwnet.net) has joined #bitcoin-assets | [14:39] |
* | Namworld has quit () | [14:48] |
assbot | [MPEX] [S.MPOE] 3564 @ 0.000645 = 2.2988 BTC [+] | [14:49] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064598 = 2.7913 BTC [+] | [14:49] |
assbot | [MPEX] [S.MPOE] 7783 @ 0.00064599 = 5.0277 BTC [+] | [14:49] |
assbot | [BTCTC] [S.MPOE-PT] 100 @ 0.00067 = 0.067 BTC [-] | [14:52] |
* | Bugpowder (~Bugpowder@pool-71-171-106-2.clppva.fios.verizon.net) has joined #bitcoin-assets | [14:54] |
assbot | [BTCTC] [RSM] 232 @ 0.0095 = 2.204 BTC [-] | [14:59] |
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assbot | [MPEX] [S.MPOE] 3817 @ 0.00064599 = 2.4657 BTC [+] | [15:05] |
assbot | [MPEX] [S.MPOE] 1650 @ 0.00064785 = 1.069 BTC [+] | [15:05] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065143 = 2.8148 BTC [+] | [15:05] |
assbot | [MPEX] [S.MPOE] 3212 @ 0.00065143 = 2.0924 BTC [+] | [15:05] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00064094 = 2.7695 BTC [-] | [15:10] |
assbot | [MPEX] [S.MPOE] 479 @ 0.00064072 = 0.3069 BTC [-] | [15:10] |
pigeons | https://bitcointalk.org/index.php?topic=143972.msg1526968#msg1526968 | [15:13] |
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ThickAsThieves | heh I almost linked that | [15:17] |
ThickAsThieves | i dont remember seeing this before: http://www.gambling911.com/businessfinancial/major-us-facing-online-gambling-site-confirms-bitcoin-implemenation-012813.html | [15:17] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064609 = 2.7918 BTC [+] | [15:18] |
assbot | [MPEX] [S.MPOE] 20829 @ 0.0006459 = 13.4535 BTC [-] | [15:18] |
assbot | [MPEX] [S.MPOE] 1109 @ 0.00064668 = 0.7172 BTC [+] | [15:22] |
assbot | [MPEX] [S.MPOE] 8320 @ 0.00064699 = 5.383 BTC [+] | [15:22] |
assbot | [BTCTC] [GSDPT] 2900 @ 0.006 = 17.4 BTC [-] | [15:33] |
mircea_popescu | http://www.youtube.com/watch?v=V92OBNsQgxU | [15:33] |
assbot | [MPEX] [S.DICE] 300 @ 0.0062799 = 1.884 BTC [+] | [15:34] |
* | ThickAssLaptop (~ThickAssL@c-98-231-58-41.hsd1.fl.comcast.net) has joined #bitcoin-assets | [15:37] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.000646 = 2.7914 BTC [-] | [15:42] |
assbot | [MPEX] [S.MPOE] 6479 @ 0.0006459 = 4.1848 BTC [-] | [15:42] |
* | ThickAssLaptop has quit (Ping timeout: 256 seconds) | [15:44] |
* | terryww has quit (Quit: Leaving) | [15:52] |
* | DeadWeasel (c7789896@gateway/web/freenode/ip.199.120.152.150) has joined #bitcoin-assets | [15:52] |
assbot | [MPEX] [S.MPOE] 17100 @ 0.0006459 = 11.0449 BTC [-] | [15:53] |
* | terryww (~terryww@95.87.143.250) has joined #bitcoin-assets | [15:53] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064664 = 2.7941 BTC [+] | [16:03] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064669 = 2.7943 BTC [+] | [16:03] |
assbot | [MPEX] [S.MPOE] 8230 @ 0.00064699 = 5.3247 BTC [+] | [16:03] |
assbot | [MPEX] [S.MPOE] 10300 @ 0.00065144 = 6.7098 BTC [+] | [16:03] |
assbot | [MPEX] [S.MPOE] 16493 @ 0.0006527 = 10.765 BTC [+] | [16:03] |
assbot | [MPEX] [S.MPOE] 17800 @ 0.00065403 = 11.6417 BTC [+] | [16:03] |
assbot | [MPEX] [S.MPOE] 1435 @ 0.00065464 = 0.9394 BTC [+] | [16:03] |
makomk | malaimo markedathome maximian midnightmagic mircea_popescu mjr_ mjr__ mod6 molec | [16:04] |
mircea_popescu | here you go mjr__ : http://polimedia.us/trilema/2013/the-rarge-part-of-this-lally/ | [16:04] |
ThickAsThieves | i have a feeling it's gonna be a wild day | [16:04] |
mircea_popescu | you're now famous | [16:04] |
assbot | [MPEX] [S.MPOE] 2400 @ 0.00064591 = 1.5502 BTC [-] | [16:07] |
wao | wuah | [16:07] |
jurov | Nomura Securities copies MPEx after a year and a half… yeah here we go | [16:09] |
assbot | [MPEX] [S.MPOE] 1921 @ 0.00064591 = 1.2408 BTC [-] | [16:11] |
assbot | [MPEX] [S.MPOE] 9842 @ 0.0006459 = 6.3569 BTC [-] | [16:11] |
assbot | [MPEX] [S.MPOE] 6137 @ 0.00064246 = 3.9428 BTC [-] | [16:11] |
mircea_popescu | dun dun dun | [16:11] |
mircea_popescu | but it's the fact. first financial institution to use gpg ? mpex. | [16:12] |
mircea_popescu | porn & buttcoinz drive innovation irl. | [16:12] |
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* | terryww (~terryww@neowlan-58.narocnik.mobitel.si) has joined #bitcoin-assets | [16:15] |
* | Jackmaninov (~Jackmanin@216.197.171.254) has joined #bitcoin-assets | [16:18] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064253 = 2.7764 BTC [+] | [16:27] |
assbot | [MPEX] [S.MPOE] 10547 @ 0.00064246 = 6.776 BTC [-] | [16:27] |
assbot | [MPEX] [S.MPOE] 13319 @ 0.00064072 = 8.5337 BTC [-] | [16:27] |
assbot | [MPEX] [S.MPOE] 4213 @ 0.00063888 = 2.6916 BTC [-] | [16:27] |
assbot | [MPEX] [S.MPOE] 17150 @ 0.00063888 = 10.9568 BTC [-] | [16:30] |
mjr__ | honored to be cited...lol | [16:31] |
assbot | [MPEX] [S.MPOE] 1424 @ 0.00065464 = 0.9322 BTC [+] | [16:31] |
* | darkee| (~darkee@gateway/tor-sasl/darkee) has joined #bitcoin-assets | [16:32] |
mircea_popescu | http://polimedia.us/dtng/c/res/18313.html#18346 that is actually pretty good. | [16:32] |
* | darkee has quit (Ping timeout: 276 seconds) | [16:34] |
assbot | [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+] | [16:36] |
assbot | [MPEX] [S.MPOE] 1041 @ 0.00065464 = 0.6815 BTC [+] | [16:37] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065484 = 2.8296 BTC [+] | [16:37] |
assbot | [MPEX] [S.MPOE] 5507 @ 0.00065485 = 3.6063 BTC [+] | [16:37] |
assbot | [MPEX] [S.MPOE] 6231 @ 0.00065494 = 4.0809 BTC [+] | [16:37] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064741 = 2.7975 BTC [-] | [16:49] |
assbot | [MPEX] [S.MPOE] 12679 @ 0.00064744 = 8.2089 BTC [+] | [16:49] |
* | Lucidize (~Lucidize@unaffiliated/lucidize) has joined #bitcoin-assets | [16:51] |
mircea_popescu | http://www.news.com.au/technology/massive-google-security-flaw-puts-users-details-on-display-for-all-to-find/story-e6frfro0-1226577210852 | [16:52] |
mircea_popescu | google pulls a mtgox. | [16:52] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064719 = 2.7965 BTC [-] | [16:54] |
assbot | [MPEX] [S.MPOE] 11439 @ 0.00064744 = 7.4061 BTC [+] | [16:54] |
kakobrekla | http://patakk.tumblr.com/zef | [16:55] |
mircea_popescu | nothing there ? | [16:57] |
mircea_popescu | http://25.media.tumblr.com/e1307953d79b9c1a6ed4233436ef77f8/tumblr_mgog6jAtha1qc0s10o1_500.gif ? | [16:58] |
mircea_popescu | http://www.examiner.com/article/eu-recession-as-robin-hood-tax-begins?cid=rss | [16:59] |
mircea_popescu | lol | [16:59] |
kakobrekla | its there | [16:59] |
kakobrekla | just need a newer browser | [16:59] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065491 = 2.8299 BTC [+] | [17:00] |
assbot | [MPEX] [S.MPOE] 9446 @ 0.00065494 = 6.1866 BTC [+] | [17:00] |
* | JWU_42 (3281faba@gateway/web/freenode/ip.50.129.250.186) has joined #bitcoin-assets | [17:04] |
* | Bugpowder (cef100fe@gateway/web/freenode/ip.206.241.0.254) has joined #bitcoin-assets | [17:12] |
assbot | [MPEX] [S.MPOE] 12474 @ 0.00065494 = 8.1697 BTC [+] | [17:15] |
Bugpowder | !ticker m s.mpoe | [17:17] |
assbot | [MPEX:S.MPOE] 1D: 0.00063679 / 0.00064677 / 0.00066098 (1409926 shares, 911.90 BTC), 7D: 0.0006153 / 0.00065584 / 0.0007 (18889176 shares, 12,388.36 BTC), 30D: 0.00059445 / 0.00066251 / 0.0007 (73333145 shares, 48,584.03 BTC) | [17:17] |
assbot | [MPEX] [S.MPOE] 3907 @ 0.00065268 = 2.55 BTC [-] | [17:18] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063895 = 2.7609 BTC [-] | [17:18] |
assbot | [MPEX] [S.MPOE] 2263 @ 0.00063888 = 1.4458 BTC [-] | [17:18] |
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* | evoorhees (~evoorhees@static-64-115-168-94.isp.broadviewnet.net) has joined #bitcoin-assets | [17:29] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064482 = 2.7863 BTC [+] | [17:29] |
assbot | [MPEX] [S.MPOE] 11129 @ 0.00064504 = 7.1787 BTC [+] | [17:29] |
* | evoorhees is now known as Guest38575 | [17:29] |
assbot | [MPEX] [S.MPOE] 1650 @ 0.00064336 = 1.0615 BTC [-] | [17:35] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006389 = 2.7607 BTC [-] | [17:35] |
assbot | [MPEX] [S.MPOE] 10429 @ 0.00063888 = 6.6629 BTC [-] | [17:35] |
* | chippewa-adm has quit (Remote host closed the connection) | [17:37] |
assbot | [MPEX] [S.MPOE] 45 @ 0.00063888 = 0.0287 BTC [-] | [17:40] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063755 = 2.7549 BTC [-] | [17:40] |
assbot | [MPEX] [S.MPOE] 21817 @ 0.00063754 = 13.9092 BTC [-] | [17:40] |
assbot | [MPEX] [S.MPOE] 15667 @ 0.00063654 = 9.9727 BTC [-] | [17:40] |
* | Jackmaninov has quit (Remote host closed the connection) | [17:41] |
DeadWeasel | bouncy bitcoin. a lot of hungry mouths were waiting for that drop. | [17:42] |
DeadWeasel | ate it up | [17:42] |
DeadWeasel | ;;slap deadweasel | [17:44] |
* | gribble slaps deadweasel with a coagulated case | [17:44] |
DeadWeasel | ;;ticker | [17:44] |
gribble | BTCUSD ticker | Best bid: 25.86297, Best ask: 25.89910, Bid-ask spread: 0.03613, Last trade: 25.86297, 24 hour volume: 147093.07547354, 24 hour low: 21.72100, 24 hour high: 26.65000, 24 hour vwap: 25.00466 | [17:44] |
mircea_popescu | http://www.youtube.com/watch?v=9L3KU5eiEBo | [17:44] |
DeadWeasel | ;;bc,24hprc | [17:44] |
mircea_popescu | his mudder was a modder! | [17:44] |
gribble | 24.96 | [17:44] |
DeadWeasel | mircea_popescu: at work, no videos. already use webIRC to get around blocks. | [17:45] |
mircea_popescu | seinfeld. | [17:45] |
DeadWeasel | still having fun on SA i hope? | [17:45] |
* | arvicco has quit (Quit: arvicco) | [17:46] |
kakobrekla | ;;bc,stats | [17:46] |
gribble | Current Blocks: 221145 | Current Difficulty: 3275464.586565617 | Next Difficulty At Block: 221759 | Next Difficulty In: 614 blocks | Next Difficulty In About: 3 days, 15 hours, 11 minutes, and 42 seconds | Next Difficulty Estimate: 3474257.66998 | Estimated Percent Change: 6.06916 | [17:46] |
kakobrekla | BFL will deliver ASIC devices before March 1st; | [17:47] |
kakobrekla | Confirmed bets: | [17:47] |
kakobrekla | 99 | [17:47] |
kakobrekla | 1 moar! | [17:47] |
mircea_popescu | DeadWeasel http://polimedia.us/dtng/c/res/18313.html | [17:47] |
mircea_popescu | enjoy lol | [17:47] |
DeadWeasel | kakobrekla: you mine? | [17:47] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063679 = 2.7516 BTC [+] | [17:47] |
assbot | [MPEX] [S.MPOE] 1093 @ 0.00063659 = 0.6958 BTC [-] | [17:47] |
kakobrekla | ya a fpga is running somewhere in the house | [17:47] |
kakobrekla | rest is gone | [17:47] |
DeadWeasel | i'll take that as a yes, mircea_popescu | [17:48] |
DeadWeasel | what do you make with your FPGA? | [17:48] |
kakobrekla | noise | [17:48] |
kakobrekla | http://shrani.si/f/x/v5/oRgSUuC/img9233.jpg | [17:49] |
* | terryww (~terryww@95.87.143.250) has joined #bitcoin-assets | [17:49] |
DeadWeasel | well, at least you're producing | [17:50] |
kakobrekla | i keep it as a joke. | [17:50] |
kakobrekla | might as well go solo. | [17:51] |
kakobrekla | with that 260mhash | [17:51] |
DeadWeasel | one day you might get a block,. | [17:51] |
DeadWeasel | I get 171 with a ati 6770, but it's not worth it. | [17:52] |
kakobrekla | just 171? | [17:52] |
kakobrekla | i got 250 from 5770 | [17:52] |
kakobrekla | back in the day | [17:52] |
jcpham | feel free to stalk my wasting of electric: http://mining.three41.net/ | [17:52] |
DeadWeasel | 5770s are way betta | [17:52] |
DeadWeasel | 6770s just have a higher number. | [17:52] |
* | BitHub has quit () | [17:52] |
kakobrekla | hehe | [17:52] |
jcpham | passive 7870's sound elite to me | [17:53] |
jcpham | a rig box full of passive cooled gpus | [17:53] |
kakobrekla | i had a passive nvidia running at 105 degrees C for years | [17:53] |
* | terryww has quit (Ping timeout: 252 seconds) | [17:55] |
kakobrekla | bitdaytrade : Today at 12:09:28 PM : Go troll somewhere else. I'm working hard to raise the necessary funds. Very positive news are on the horizon. | [17:57] |
kakobrekla | rofl. | [17:57] |
mircea_popescu | ugm | [17:59] |
* | Received a CTCP VERSION from alexut | [17:59] |
mircea_popescu | you're not serious are you !? | [17:59] |
* | Received a CTCP USERINFO from alexut | [18:00] |
kakobrekla | i am, alberto isnt. | [18:00] |
mircea_popescu | lol | [18:00] |
mircea_popescu | it's funny how scammers always have very positive news on the horison | [18:02] |
kakobrekla | >>https://bitcointalk.org/index.php?topic=140366.msg1527172#msg1527172 | [18:02] |
mircea_popescu | sorta like gambling addicts/failed acresses | [18:02] |
kakobrekla | poor eskimo, would hurt too much to write "you area right", he writes "you are not wrong" | [18:02] |
mircea_popescu | hahaha good1 | [18:03] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064484 = 2.7864 BTC [+] | [18:08] |
assbot | [MPEX] [S.MPOE] 6171 @ 0.00064504 = 3.9805 BTC [+] | [18:08] |
assbot | [MPEX] [S.MPOE] 5149 @ 0.00065494 = 3.3723 BTC [+] | [18:08] |
assbot | [MPEX] [S.MPOE] 10409 @ 0.00065622 = 6.8306 BTC [+] | [18:08] |
* | da2ce7_d (~da2ce7@opentransactions/dev/da2ce7) has joined #bitcoin-assets | [18:09] |
* | da2ce7 has quit (Ping timeout: 252 seconds) | [18:11] |
assbot | [BTCTC] [GSDPT] 11 @ 0.006 = 0.066 BTC [-] | [18:18] |
assbot | [MPEX] [S.MPOE] 3228 @ 0.00063659 = 2.0549 BTC [-] | [18:20] |
assbot | [MPEX] [S.MPOE] 8372 @ 0.00063654 = 5.3291 BTC [-] | [18:20] |
assbot | [MPEX] [S.MPOE] 3891 @ 0.00065622 = 2.5534 BTC [+] | [18:25] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065629 = 2.8358 BTC [+] | [18:25] |
assbot | [MPEX] [S.MPOE] 49 @ 0.0006563 = 0.0322 BTC [+] | [18:25] |
assbot | [HAVELOCK] [KCIM] 9 @ 0.99 = 8.91 BTC [+] | [18:28] |
assbot | [HAVELOCK] [KCIM] 2 @ 1 = 2 BTC [+] | [18:31] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00065609 = 2.835 BTC [-] | [18:32] |
assbot | [MPEX] [S.MPOE] 2929 @ 0.0006563 = 1.9223 BTC [+] | [18:32] |
mircea_popescu | http://www.lewrockwell.com/blog/lewrw/archives/132330.html | [18:42] |
mircea_popescu | apparently llewellyn didn't much care for this week's reality tv | [18:42] |
* | terryww (~terryww@84-255-240-24.static.t-2.net) has joined #bitcoin-assets | [18:46] |
* | awkorama (~awk@dial-95-105-156-78-orange.orange.sk) has joined #bitcoin-assets | [18:49] |
assbot | [BTCTC] [COGNITIVE] 1 @ 0.3399 BTC [+] | [18:51] |
* | Garr255_Lappy (~textual@249.sub-70-199-129.myvzw.com) has joined #bitcoin-assets | [18:53] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063676 = 2.7514 BTC [-] | [18:54] |
assbot | [MPEX] [S.MPOE] 2629 @ 0.00063654 = 1.6735 BTC [-] | [18:54] |
Bugpowder | fuck this shit | [18:55] |
* | toffoo (~tof@177.192.122.55) has joined #bitcoin-assets | [18:55] |
mircea_popescu | ;;ticker | [18:55] |
gribble | BTCUSD ticker | Best bid: 26.42000, Best ask: 26.49999, Bid-ask spread: 0.07999, Last trade: 26.40901, 24 hour volume: 147397.72847532, 24 hour low: 21.72100, 24 hour high: 26.65000, 24 hour vwap: 25.02041 | [18:55] |
* | copumpkin has quit (Ping timeout: 252 seconds) | [18:55] |
* | copumpkin (~copumpkin@unaffiliated/copumpkin) has joined #bitcoin-assets | [18:56] |
mod6 | Bugpowder: what up? | [18:58] |
Bugpowder | btc | [19:03] |
Garr255_Lappy | hey all. you can now invest in Cognitive with LTC :) https://www.litecoinglobal.com/security/COGNITIVE-PT | [19:07] |
kakobrekla | and by invest you mean lose money with? | [19:09] |
mircea_popescu | !ticker cognitive-pt | [19:13] |
assbot | Your actions are useless. | [19:13] |
mircea_popescu | mkay | [19:13] |
DeadWeasel | ;;slap Garr255_Lappy | [19:18] |
* | gribble slaps Garr255_Lappy with a guileful earth | [19:18] |
Garr255_Lappy | kakobrekla, let me know when mining stock, not bonds, becomes unprofitable. | [19:19] |
kakobrekla | im letting you know now. | [19:19] |
Garr255_Lappy | back up your words with math please | [19:20] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064002 = 2.7655 BTC [+] | [19:20] |
kakobrekla | wheres that bug chart | [19:20] |
mjr__ | is there a crossed quote on mpoe? | [19:22] |
mircea_popescu | 0.00064089 4`321 | [19:31] |
mircea_popescu | 4`321 0.00063996 | [19:31] |
mircea_popescu | neh ? | [19:31] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063996 = 2.7653 BTC [-] | [19:31] |
assbot | [MPEX] [S.MPOE] 2879 @ 0.00063967 = 1.8416 BTC [-] | [19:31] |
mircea_popescu | Garr255_Lappy you got a graph of cognitive price somewhere ? | [19:32] |
Garr255_Lappy | mircea_popescu yes, https://btct.co/security/COGNITIVE | [19:33] |
assbot | [MPEX] [S.MPOE] 7300 @ 0.00063967 = 4.6696 BTC [-] | [19:33] |
mircea_popescu | how do i make that show something like a year ? | [19:33] |
mircea_popescu | (can i?) | [19:34] |
DeadWeasel | DeaDTerra: nice, glad to hear it | [19:34] |
ThickAsThieves | yeeuh | [19:35] |
kakobrekla | https://www.youtube.com/watch?feature=player_embedded&v=R5mMRiiCwak | [19:35] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064037 = 2.767 BTC [+] | [19:41] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064046 = 2.7674 BTC [+] | [19:41] |
assbot | [MPEX] [S.MPOE] 2158 @ 0.00064052 = 1.3822 BTC [+] | [19:41] |
* | Garr255_Lappy has quit (Ping timeout: 252 seconds) | [19:42] |
* | rdponticelli has quit (Ping timeout: 276 seconds) | [19:43] |
leflor | mircea_popescu warren buffet is going to buy mpex for 1 billion dollars | [19:44] |
mircea_popescu | i don't think so. | [19:44] |
* | leflor is now known as thestringpuller | [19:44] |
thestringpuller | haha | [19:45] |
thestringpuller | ;;asks 27 | [19:45] |
gribble | There are currently 13428.315 bitcoins offered at or under 27.0 USD, worth 360232.300725 USD in total. | [19:45] |
thestringpuller | ;;asks 30 | [19:45] |
gribble | There are currently 34633.742 bitcoins offered at or under 30.0 USD, worth 974142.854562 USD in total. | [19:45] |
thestringpuller | mining gold is only profitable for so long | [19:46] |
thestringpuller | so there will be much hate to go around | [19:46] |
* | chippewa-adm (~chippewa_@67-203-147-98.static-ip.telepacific.net) has joined #bitcoin-assets | [19:48] |
* | rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets | [19:51] |
assbot | [BTCTC] [B.YABMC] 1 @ 0.0181 BTC [-] | [19:54] |
assbot | [BTCTC] [B.YABMC] 100 @ 0.018 = 1.8 BTC [-] | [19:54] |
assbot | [BTCTC] [B.YABMC] 14 @ 0.0154 = 0.2156 BTC [-] | [19:54] |
assbot | [BTCTC] [B.YABMC] 200 @ 0.0153 = 3.06 BTC [-] | [19:54] |
assbot | [BTCTC] [B.YABMC] 150 @ 0.0152 = 2.28 BTC [-] | [19:54] |
assbot | [BTCTC] [B.YABMC] 43 @ 0.0152 = 0.6536 BTC [-] | [19:54] |
assbot | [BTCTC] [B.YABMC] 50 @ 0.0151 = 0.755 BTC [-] | [19:54] |
kakobrekla | heres some milk for mircea_popescu https://bitcointalk.org/index.php?topic=143962.0 | [19:54] |
mircea_popescu | i r get milk ? | [19:55] |
mircea_popescu | i shou;d prolly link that from mpex main page just for lulz. | [19:55] |
kakobrekla | bitcoin is self destructive. | [19:55] |
kakobrekla | it says. | [19:56] |
mircea_popescu | kakobrekla bitcoin is backed by lulz and drama! | [19:56] |
kakobrekla | no wonder price is so high. | [19:56] |
mircea_popescu | and we all know those self feed and replicate | [19:56] |
mircea_popescu | so it can only go the way of the butt : upupup | [19:56] |
kakobrekla | is never to high to buy and never too low to sell | [19:57] |
mircea_popescu | it's never too tight and never too deep | [19:57] |
kakobrekla | it can be too big. | [19:58] |
mircea_popescu | i dunno, i don't have the full range of sensual experiences. | [19:58] |
kakobrekla | well, thats what she said. | [19:58] |
jurov | no matter how deep, no matter how hiiiigh | [19:58] |
jurov | nono nononono nonono limiiit | [19:58] |
mod6 | they're beating up on MPEx in bitcoin-otc... | [20:05] |
mod6 | more nonsense about how "bad" teh website is lol | [20:05] |
mod6 | (10:04) < FonziScheme> we're talking about the website, mod6. get over it | [20:07] |
mod6 | (10:05) <+mod6> hahaha | [20:07] |
mircea_popescu | lolk | [20:08] |
mircea_popescu | newfags in #bitcoin-newfags having opinions and shit. | [20:08] |
mod6 | these dumbshits sit in there and talk all kinds of trash. at some point I usually jump in and tell 'em what idiots they are. | [20:08] |
mod6 | this is one of those moments | [20:09] |
mircea_popescu | ;;gettrust fonzischeme | [20:09] |
gribble | Trust relationship from user mircea_popescu to user fonzischeme: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=mircea_popescu&dest=fonzischeme | [20:09] |
mircea_popescu | totally. | [20:09] |
mod6 | (10:05) < FonziScheme> but if you want to discuss how crappy the CLI scripty is, we can do that | [20:09] |
mod6 | (10:06) <+mod6> you want to dog on my code, feel free. | [20:10] |
mod6 | (10:06) <+mod6> asswipe | [20:10] |
mod6 | (10:06) < FonziScheme> wow. simma down. | [20:10] |
mod6 | (10:06) < FonziScheme> panties, meet bunch. | [20:10] |
mod6 | (10:07) <+mod6> then stop talking shit about stuff you don't understand FonziScheme | [20:10] |
mod6 | (10:07) < FonziScheme> stop claiming no one understands it, mod5 | [20:10] |
pigeons | fonzischeme may be under fbastage or reliablesource | [20:10] |
pigeons | he's been on my ignore for a year | [20:10] |
mod6 | ahh, he's mildly retarded | [20:10] |
mircea_popescu | wait. | [20:10] |
mircea_popescu | 20450 fbastage 18 mircea_popescu 2013-02-11 17:33:47 -2 spammer and megalomaniac. | [20:11] |
mircea_popescu | this dude ? | [20:11] |
pigeons | yes same guy | [20:11] |
mircea_popescu | fucking hell all these people talking about me that i don;t even know. | [20:11] |
mod6 | well, that doesn't shock me in the least then. he has an axe to grind. | [20:11] |
mircea_popescu | at least ver WANTS to be a celebrity. | [20:11] |
mod6 | they think they can just do 2minutes hate everyday and I wont call 'em out | [20:13] |
mod6 | fuck that shit | [20:13] |
mircea_popescu | mr mod6enstein | [20:14] |
mod6 | (10:01) <+Scrat> neofutur: i dont care about validation either but MPOE is the worst website ive seen since geocities | [20:14] |
mod6 | (10:04) <+mod6> What MPEx is, is not a website. I'm not sure why people fail to understand that. It doesn't even really need a damn website. | [20:14] |
mod6 | (10:04) <+mod6> lol | [20:14] |
mod6 | mircea_popescu: ;) | [20:14] |
mircea_popescu | any connection between these fine folks and the douches embroiled in the "highest valued currency" wiki revert war ? | [20:14] |
mod6 | I think there might be. | [20:15] |
mod6 | I don't follow in there quite close enough these days. | [20:15] |
mircea_popescu | well since mpoe-pr is trolling stripper forums i kinda lost track of reddit | [20:15] |
mod6 | haha | [20:15] |
mircea_popescu | tho in honesty is was a productive move. more lol. | [20:16] |
mod6 | i bet that is moar lulz | [20:16] |
mircea_popescu | anyway, who's controlled-evaporating otc these days ? | [20:16] |
mircea_popescu | since rg's unfortunate irl job and everything | [20:17] |
mod6 | seriously, its a bunch of dudes who even have neg ratings as oppers. | [20:17] |
mircea_popescu | o.0 | [20:17] |
mircea_popescu | i guess it successfully evaporated. | [20:18] |
mod6 | one day last week (I forget who it was for now) there was someone op'd and I was like "WAH HOW DID DA SCAMMERZ GET OPZ?!" | [20:18] |
mircea_popescu | nanotube ^ | [20:19] |
mircea_popescu | you about ready to purge the bitcoin-otc oplist or give it moar time ? | [20:19] |
mod6 | but... i guess they need some monitoring in there and there isnt a ton of trusted people left to do the job. | [20:19] |
mod6 | 521 active nicks in the channel, so that's up about 100 | [20:20] |
mod6 | which is good. but man, there are some real dumbasses who think they run that show. | [20:21] |
mircea_popescu | i don't even remember what it used to be last year. | [20:21] |
mircea_popescu | 396, 693, 936, something | [20:21] |
imsaguy | neg ratings aren't always a bad thing. neg ratings from an idiot source really aren't neg ratings. | [20:22] |
mod6 | when I seem to check every now and then it seems to typically hover around 400-450 | [20:22] |
mircea_popescu | that's true. | [20:22] |
imsaguy | the whole point of otc is that you go by your web of trust | [20:22] |
imsaguy | not some stupid sum number | [20:22] |
mod6 | imsaguy: I'm with you there. I need to find who I was talking about... the guy srsly looked like he had some scammer ratings. | [20:23] |
assbot | [MPEX] [S.MPOE] 2594 @ 0.00063967 = 1.6593 BTC [-] | [20:23] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063655 = 2.7505 BTC [-] | [20:23] |
assbot | [MPEX] [S.MPOE] 6085 @ 0.00063654 = 3.8733 BTC [-] | [20:23] |
imsaguy | ;;getrating imsaguy | [20:23] |
gribble | WARNING: Currently not authenticated. User imsaguy, rated since Tue Aug 2 16:24:18 2011. Cumulative rating 318, from 132 total ratings. Received ratings: 124 positive, 8 negative. Sent ratings: 124 positive, 39 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=imsaguy | [20:23] |
imsaguy | 8 negatives | [20:23] |
imsaguy | most are trolls | [20:23] |
imsaguy | half weren't active more than a week | [20:23] |
mod6 | *nod* | [20:23] |
mircea_popescu | imsaguy who was at some point negative total so the rule about rating with negative had to be reverted ? | [20:24] |
imsaguy | most were because people don't/didn't understand how ratings work | [20:24] |
kakobrekla | o you also have a +10 from PH | [20:24] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00063671 = 2.7512 BTC [+] | [20:24] |
assbot | [MPEX] [S.MPOE] 6242 @ 0.00063654 = 3.9733 BTC [-] | [20:24] |
imsaguy | kakobrekla: exactly, it all depends on who you trust, not hte absolute | [20:24] |
mircea_popescu | kakobrekla im sure he has pirate + too, it's how scamming works, you suck up to people. | [20:24] |
imsaguy | mircea_popescu: me? no. | [20:25] |
mircea_popescu | he didn't rate you !? | [20:25] |
imsaguy | ;;gettrust imsaguy pirateat40 | [20:25] |
gribble | Trust relationship from user imsaguy to user pirateat40: Level 1: 0, Level 2: 6 via 33 connections. Graph: http://serajewelks.bitcoin-otc.com/trustgraph.php?source=imsaguy&dest=pirateat40 | [20:25] |
mircea_popescu | the other way around silly. | [20:25] |
imsaguy | thats why I asked. | [20:25] |
mircea_popescu | im pretty sure pirate rated everyone | [20:25] |
imsaguy | I'm surprised my L2 to pirate is still positive | [20:25] |
mod6 | it seriosly could have been Anduck i'm talking about | [20:25] |
imsaguy | ;;getrating pirateat40 | [20:25] |
gribble | WARNING: Currently not authenticated. User pirateat40, rated since Mon Aug 1 14:18:45 2011. Cumulative rating -125, from 89 total ratings. Received ratings: 55 positive, 34 negative. Sent ratings: 65 positive, 1 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=pirateat40 | [20:25] |
mod6 | *seriously | [20:26] |
kakobrekla | rating whores are a problem. | [20:26] |
imsaguy | kakobrekla, I used to be one. | [20:26] |
pigeons | mod6: probably starsoccer | [20:26] |
imsaguy | The first few negatives take care of that though. | [20:26] |
mircea_popescu | haha Keefe has one too | [20:26] |
imsaguy | ;;getrating keefe | [20:26] |
gribble | WARNING: Currently not authenticated. User Keefe, rated since Mon Nov 8 10:37:04 2010. Cumulative rating 606, from 212 total ratings. Received ratings: 212 positive, 0 negative. Sent ratings: 221 positive, 7 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=Keefe | [20:26] |
mod6 | pigeons: AHHH yeah | [20:26] |
mod6 | thats who it was. | [20:26] |
mod6 | im like WTF is this guy doing with ops. | [20:27] |
pigeons | starsoccer doesn't know that he's a scammer | [20:27] |
mircea_popescu | mod6 anduck was the guy coming here ocasionally asking me like why im trusted and shit no ? | [20:27] |
mod6 | yeah. | [20:27] |
mircea_popescu | seemed harmless kid rly. | [20:27] |
mod6 | he's just a random guy with 1 bad rating... might be somewhat superficial. | [20:27] |
mod6 | yeah | [20:27] |
imsaguy | many of the people with ops in there atm aren't on the access list | [20:27] |
imsaguy | like me for example | [20:27] |
imsaguy | so we're faking | [20:27] |
mircea_popescu | how does that work ? | [20:27] |
imsaguy | well, if I leave and come back, I won't have ops from chanserv | [20:28] |
imsaguy | I have to ask another op | [20:28] |
kakobrekla | you just do /nick @imsaguy | [20:28] |
imsaguy | if nanotube leaves and comes back, chanserv can/will give him ops | [20:28] |
mircea_popescu | o o i see what you mean | [20:28] |
imsaguy | kakobrekla, not if you're not on the access list | [20:28] |
kakobrekla | i kid i kid, that doesnt work even. | [20:28] |
mod6 | oh so someone just does like /op imsaguy | [20:28] |
imsaguy | /op $nick does ;) | [20:28] |
imsaguy | mod6, exactly | [20:28] |
mod6 | instead of telling ChanServ to hook you up | [20:28] |
mod6 | got it. | [20:28] |
imsaguy | I'm too emotional with the bans sometimes | [20:29] |
imsaguy | so its good I'm not on the list | [20:29] |
imsaguy | ban first, ask questions never | [20:29] |
mod6 | haha | [20:29] |
mircea_popescu | the entire banningthing is nonsense. | [20:29] |
imsaguy | perhaps | [20:29] |
imsaguy | but it does feel good | [20:29] |
imsaguy | :-x | [20:29] |
mircea_popescu | ya well. | [20:29] |
mircea_popescu | this chan is noban, it works fine. my chan is +m, works fine | [20:29] |
mircea_popescu | the stuff in between tho, with the banning... not so fine. | [20:30] |
mod6 | it does get the point across to trolls with limited reach -- for everything else there's SupaDupa | [20:30] |
imsaguy | mod6, we fixed that though | [20:30] |
imsaguy | just takes persistance | [20:30] |
mircea_popescu | mod6 so gives idiot kids an incentive to read up on supaduping | [20:30] |
mod6 | oh! sweet. | [20:30] |
mircea_popescu | imsaguy i thought freenode finally got their shit together ? | [20:30] |
imsaguy | well, we're talking two different things | [20:30] |
imsaguy | he was making tons of fake otc accounts | [20:30] |
mircea_popescu | a | [20:30] |
imsaguy | I would catch those almost as quickly as he made them | [20:31] |
imsaguy | freenode and the assbot were something else | [20:31] |
* | x0xMaximus_ (~x0xMaximu@ip174-65-122-103.sd.sd.cox.net) has joined #bitcoin-assets | [20:31] |
imsaguy | not this assbot | [20:31] |
imsaguy | the ass script | [20:31] |
mircea_popescu | goatse | [20:31] |
imsaguy | aye | [20:31] |
mod6 | haha | [20:31] |
mircea_popescu | poor assbot | [20:31] |
mircea_popescu | he's the assets assistant! | [20:31] |
assbot | wanna goatse? | [20:31] |
* | imsaguy kicks assbot | [20:31] |
assbot | hey im sensitive. | [20:31] |
imsaguy | no mod/ban channels work | [20:31] |
imsaguy | #bitcoin-mining has been | [20:32] |
imsaguy | then again, its mainly dead these days | [20:32] |
mircea_popescu | well since luke sold his btc for 25 | [20:32] |
mircea_popescu | no point in it anymore | [20:32] |
imsaguy | it was back when people were trying to figure out gpumining | [20:32] |
mircea_popescu | speaking of which | [20:32] |
imsaguy | now that the settings are pretty tried and true and almost obsolete | [20:32] |
mircea_popescu | ;;tslb | [20:32] |
gribble | Time since last block: 12 minutes and 42 seconds | [20:32] |
mircea_popescu | how do we know avalons/asicminers aren't premining a huge chain! | [20:33] |
imsaguy | because they're just mining | [20:33] |
imsaguy | avalon is lost in space | [20:33] |
* | x0xMaximus has quit (Ping timeout: 260 seconds) | [20:33] |
pigeons | cause it would work out better for them to just mine honestly | [20:33] |
* | x0xMaximus_ is now known as x0xMaximus | [20:33] |
mircea_popescu | ya but never underestimate. | [20:34] |
mircea_popescu | seems suspicious as all hell, weeks after everyonedelivered network is still humming at 25. | [20:34] |
imsaguy | huh? | [20:34] |
imsaguy | ;;diffchange | [20:34] |
gribble | Estimated percent change in difficulty this period | 6.19499 % based on data since last change | 10.21154 % based on data for last three days | [20:34] |
pigeons | they just turned em up today really | [20:34] |
imsaguy | yesterday | [20:34] |
imsaguy | 12TH is only like 50% of current network | [20:35] |
imsaguy | which means they only have 33% of combined | [20:35] |
mircea_popescu | that guy with the 1th was there since like the 12th neh ? | [20:35] |
mircea_popescu | at btcguild | [20:35] |
imsaguy | assuming full throttle | [20:35] |
imsaguy | its up and down | [20:35] |
imsaguy | probably dealing with heat and internet connection issues | [20:35] |
mircea_popescu | ya. th mining requires some stuff other than power plug. | [20:36] |
imsaguy | especially on older hardwear like theirs | [20:36] |
imsaguy | ware* | [20:36] |
mircea_popescu | the one thing that becomes interesting now is of course useful life. | [20:36] |
mircea_popescu | if a set mines at 12th on average for 500 hours and then pops | [20:36] |
imsaguy | it'll be interesting to see where things settle | [20:36] |
mircea_popescu | well.... that's not gonna be much | [20:36] |
imsaguy | ;;genrate 12000000 | [20:37] |
gribble | The expected generation output, at 12000000.0 Mhps, given difficulty of 3275464.58657, is 1842.44953278 BTC per day and 76.7687305327 BTC per hour. | [20:37] |
mircea_popescu | if they spike us up and then their gear dies early in a recalc cycle it'll be nasty. | [20:37] |
imsaguy | lol | [20:37] |
imsaguy | ;;calc 500/24*1842.44953278 | [20:37] |
gribble | 38384.3652662 | [20:37] |
imsaguy | 500 hours would be fine. | [20:37] |
mircea_popescu | not for the network tho. | [20:37] |
imsaguy | they only spent 20000 for it | [20:37] |
mircea_popescu | we'll be stuck with 25gh doing 5mn blocks | [20:38] |
imsaguy | avalon is coming | [20:38] |
imsaguy | bfl is coming | [20:38] |
imsaguy | it wouldn't be for too long that we'd be 'stuck' | [20:38] |
imsaguy | and right now, its only 1th anyway | [20:38] |
mircea_popescu | well, a coupla weeks | [20:38] |
imsaguy | not a real big deal | [20:38] |
mircea_popescu | enough for everyone to scream bloody murder | [20:38] |
imsaguy | gotta have something to bitch about | [20:38] |
imsaguy | if not that, it'd be something else. | [20:38] |
mircea_popescu | definitely. | [20:38] |
mod6 | heh | [20:39] |
imsaguy | don't even try to fool yourself :p | [20:39] |
imsaguy | ok, its time to go stick my head in a meat grinder. | [20:39] |
imsaguy | enjoy the rest of your day/evening. | [20:39] |
mircea_popescu | upload vids. | [20:39] |
mod6 | c-ya imsaguy | [20:39] |
kakobrekla | better be a live stream | [20:39] |
kakobrekla | or you'll get shit. | [20:39] |
mircea_popescu | scamming meat grinder vid. | [20:40] |
imsaguy | well you know, I am pirateat40 | [20:41] |
* | imsaguy derps | [20:41] |
mod6 | dude, I think that maybe you were the first person that sold me BTC. | [20:41] |
mod6 | so for that, I thank you :) | [20:41] |
imsaguy | haha, I broke a lot of cherries back in the day | [20:42] |
mircea_popescu | who's that forum kid that keeps reporting on like, what pirate did in his hood | [20:42] |
imsaguy | bcb | [20:42] |
Diablo-D3 | pirate never existed | [20:42] |
imsaguy | I gotta jet, I'm late | [20:42] |
mircea_popescu | a right | [20:42] |
mircea_popescu | girl usually notes him down as pcp | [20:42] |
assbot | [BTCTC] [SYNERGY] 1 @ 0.031 BTC [-] | [20:42] |
mod6 | haha | [20:42] |
mod6 | he actually one a 10 BTC bet on over 26 USD by Noon EST today. | [20:43] |
mircea_popescu | then a while back i referred to someone by her byname instead of their handle | [20:43] |
mod6 | *won | [20:43] |
mircea_popescu | so i threw a shitfit | [20:43] |
mircea_popescu | now she's adding * to the "not his real handle" nicks | [20:43] |
assbot | [BTCTC] [S.MPOE-PT] 5 @ 0.00066 = 0.0033 BTC [-] | [20:44] |
assbot | [BTCTC] [GSDPT] 4 @ 0.006 = 0.024 BTC [-] | [20:45] |
assbot | [BTCTC] [BTC-TRADING-PT] 1 @ 0.1011 BTC [-] | [20:45] |
assbot | [BTCTC] [BASIC-MINING] 1 @ 0.332 BTC [-] | [20:46] |
* | Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets | [20:46] |
mjr_ | ugh, reddit is bumming me out | [20:46] |
mod6 | just hang on irc then, less hassle? | [20:47] |
mjr_ | true | [20:47] |
mjr_ | i mean, so dumb though | [20:47] |
mjr_ | don't understand FX Risk | [20:47] |
mjr_ | forward contracts | [20:47] |
assbot | [BTCTC] [BTC-BOND] 49 @ 0.01 = 0.49 BTC [+] | [20:47] |
mod6 | yeah, this stuff is pretty far beyond most people who use the internet on a daily basis. | [20:47] |
mircea_popescu | why would they ? | [20:47] |
mjr_ | "if the price of bitcoins doubles, the price of S.DICE halves" | [20:47] |
mircea_popescu | if you made a risk you didn't make that risk. | [20:47] |
mircea_popescu | also, business. | [20:47] |
mjr_ | i'm like OH that is why every single stock on NYSE moves the same direction at the same time | [20:48] |
mircea_popescu | lol | [20:48] |
mjr_ | yes, but you get forward contracts or options to guarantee and hedge | [20:48] |
mircea_popescu | actually mjr_, these days it pretty much does | [20:48] |
* | dust-otc has quit (Remote host closed the connection) | [20:48] |
mjr_ | well, not for me at least | [20:48] |
mircea_popescu | bernanke helicopters a trillion funbux into "economy" | [20:48] |
mircea_popescu | all pres howls about how "record new index soars!!11" | [20:48] |
mjr_ | i'm up 6 or 7% on S.DICE | [20:48] |
mjr_ | and up 25% on BTC | [20:49] |
mjr_ | so my total gain when measured in dollars is a combo of the two effects | [20:49] |
mircea_popescu | you got in late, ipo people are up like whatever, 80% on s.dice and 300% on btc | [20:49] |
mjr_ | i'm not saying there is NO correlation | [20:49] |
mjr_ | yeah of course | [20:49] |
mircea_popescu | hum interesting correlation! | [20:49] |
mircea_popescu | ;;calc 6.5/25 | [20:49] |
gribble | 0.26 | [20:50] |
mjr_ | but still...these returns are great and that's before i have ever even received dividends | [20:50] |
mircea_popescu | ;;calc 8/30.0 | [20:50] |
gribble | 0.266666666667 | [20:50] |
mircea_popescu | dude | [20:50] |
mircea_popescu | DUDE! | [20:50] |
mircea_popescu | Bugpowder are you copying this ? | [20:50] |
* | Luceo_ (~Luc3o@gateway/tor-sasl/luceo) has joined #bitcoin-assets | [20:50] |
mircea_popescu | how long you been in mjr_ ? | [20:50] |
mircea_popescu | ;;calc .66 / 26 | [20:51] |
mjr_ | beginning of feb | [20:51] |
gribble | 0.0253846153846 | [20:51] |
Bugpowder | wut? | [20:51] |
mircea_popescu | so 5 months and 2 weeks converges to like 0.02! | [20:51] |
pigeons | paper profits | [20:51] |
mircea_popescu | this is totally ponzi. | [20:51] |
mircea_popescu | there is just no way. | [20:51] |
mjr_ | 0.0057 is what i got S.DICE for | [20:51] |
mircea_popescu | as smooth as 16yo bikini wax | [20:51] |
mjr_ | ;;ticker | [20:52] |
Bugpowder | .0034 | [20:52] |
gribble | BTCUSD ticker | Best bid: 26.33672, Best ask: 26.36438, Bid-ask spread: 0.02766, Last trade: 26.30110, 24 hour volume: 143473.69366734, 24 hour low: 21.72100, 24 hour high: 26.67000, 24 hour vwap: 25.03657 | [20:52] |
Bugpowder | http://imgur.com/a/EsExY | [20:52] |
mjr_ | yeah, if only i had gotten in then | [20:52] |
Bugpowder | It was up to 4x till last night's bounce :( | [20:52] |
mjr_ | lol | [20:52] |
mjr_ | yeah | [20:52] |
mjr_ | but that position is up...i got the bitcoins on average for 21.22 so that position is up | [20:53] |
mjr_ | so i am up in total by the combination of the two | [20:53] |
* | darkee| has quit (Ping timeout: 276 seconds) | [20:53] |
* | Luceo has quit (Ping timeout: 276 seconds) | [20:53] |
mjr_ | also...how can people retroactively go back and make their bets smaller because bitcoins are worth more now? | [20:53] |
mircea_popescu | mjr_ what's your exit point ? or didn't establuish in advance ? | [20:53] |
mjr_ | revenue is revenue | [20:53] |
mjr_ | buy and hold | [20:53] |
mircea_popescu | aha | [20:53] |
mircea_popescu | well, there's this theory that people will bet less if btc are worth more. | [20:54] |
mjr_ | yes, that is true | [20:54] |
mjr_ | over the long run | [20:54] |
mircea_popescu | cause well... gamblers are rational people and everything | [20:54] |
mircea_popescu | i can totally see it. | [20:54] |
mjr_ | but they already bet and that is already his revenue | [20:54] |
mjr_ | so my tiny fraction of that revenue is already mine in dividends | [20:54] |
mircea_popescu | yes, for the current month. but past months are water under the bridge far as you're concerned | [20:54] |
* | Lucidize has quit (Quit: Leaving) | [20:54] |
mjr_ | they can't change that now | [20:54] |
mjr_ | yes | [20:55] |
mjr_ | true | [20:55] |
mjr_ | my point is that for february | [20:55] |
mod6 | upwards and onwards though! | [20:55] |
mjr_ | i hope to get 3% on my position | [20:55] |
mjr_ | i am happy with that | [20:55] |
mircea_popescu | well if you want to look art it this way, i was making bets on diff this year as far back as aug/sept 2012 | [20:55] |
mjr_ | as opposed to just taking the ride on btc, i am basically doubling down my bet | [20:55] |
mjr_ | nice | [20:55] |
mircea_popescu | 100 btc bet then worth like 700 or w/e, 200 btc won now worth like 5k ? | [20:55] |
mjr_ | they pay off well? | [20:55] |
mircea_popescu | yes. | [20:56] |
mjr_ | i also hold MPOE | [20:56] |
mjr_ | which is down from where i bought it | [20:56] |
mjr_ | even though btc is up | [20:56] |
mircea_popescu | people would take things like "diff will be under 50mn" at even money etc. | [20:56] |
mjr_ | again, the two are not the same | [20:56] |
mjr_ | lol | [20:56] |
assbot | [MPEX] [S.MPOE] 1005 @ 0.00063655 = 0.6397 BTC [+] | [20:56] |
assbot | [MPEX] [S.MPOE] 2805 @ 0.00063654 = 1.7855 BTC [-] | [20:56] |
assbot | [MPEX] [S.MPOE] 5000 @ 0.00063654 = 3.1827 BTC [-] | [20:56] |
assbot | [MPEX] [S.MPOE] 11190 @ 0.00063653 = 7.1228 BTC [-] | [20:56] |
mircea_popescu | remember, back in aug and even sept peoplethought bfl delivers 1st batch in oct | [20:56] |
mjr_ | yeah | [20:57] |
mircea_popescu | and by "thought" i mean swore their babies on | [20:57] |
mod6 | yeah. there were massive bets and everything iirc. | [20:57] |
mjr_ | i am not at all interested in mining hardware speculation, if they deliver they deliver | [20:57] |
mircea_popescu | i was mostly into it to hedge | [20:57] |
mircea_popescu | which worked out ok. | [20:57] |
mjr_ | yeah smart move | [20:57] |
TomServo | You getting a Dell? | [20:57] |
mod6 | haha | [20:57] |
mircea_popescu | hm ? | [20:58] |
* | TomServo is retarded. Please ignore. | [20:58] |
mjr_ | so my point is that the revenue they bring in and the dividends they pay is way more likely to change the share price than the price of btc at the moment | [20:58] |
mod6 | its a joke from the Dell commericals | [20:58] |
mircea_popescu | mjr_ right. | [20:58] |
mjr_ | dell is being taken private | [20:58] |
mircea_popescu | because it sucks ? | [20:58] |
mjr_ | btc/usd could affect that but that remains to be seen | [20:58] |
mjr_ | lol i think so | [20:58] |
mircea_popescu | i never quite understood this taking private business. | [20:59] |
mjr_ | buying back all its shares | [20:59] |
mircea_popescu | i know what it means | [20:59] |
mjr_ | i know | [20:59] |
mircea_popescu | i never understood the sense of it. | [20:59] |
mjr_ | oh, i love the idea | [20:59] |
mircea_popescu | give me an example of a corp where it worked. | [20:59] |
mod6 | they must have some awful shit on the books, or they couldn't get it to an attractive price for a buyer, otherwise why take it private? | [20:59] |
mjr_ | no more worrying about what analysts have to say | [20:59] |
mjr_ | you can think long term | [21:00] |
mircea_popescu | mod6 i suspect they have some wicked tax avoidance idea they'll tery | [21:00] |
mjr_ | without worrying about pissing people off every quarter | [21:00] |
mjr_ | public companies divorce the interest of the company from the interest of the owner | [21:00] |
mircea_popescu | not if they're well managed. | [21:00] |
mjr_ | ie. it may be best to invest ahead of the growth curve for a while, take a loss, for future gain | [21:00] |
mod6 | mircea_popescu: could be. lot of companies upped their dividened payments before the end of '12 to front-run the up coming tax hikes. | [21:01] |
mircea_popescu | mod6 yah. | [21:01] |
mjr_ | but convincing joe six pack that you know best about servers or the tech market is too tough | [21:01] |
mircea_popescu | boy that disaster is gonna smart. | [21:01] |
mjr_ | they want to see pretty green arrows | [21:01] |
mircea_popescu | mjr_ it's not like joe six pack has sotck money | [21:01] |
mjr_ | hehehe | [21:01] |
mjr_ | good point | [21:01] |
mjr_ | maybe 401k | [21:01] |
mircea_popescu | but self directed ? | [21:02] |
mjr_ | maybe | [21:02] |
mjr_ | i know a lot who do | [21:02] |
mjr_ | but then again it is nyc | [21:02] |
mircea_popescu | negligible of total. | [21:02] |
mjr_ | even so | [21:02] |
mjr_ | how many times have i seen a company BEAT earnings and STILL get smoked | [21:02] |
mircea_popescu | lol actually | [21:02] |
mjr_ | lame | [21:03] |
mircea_popescu | netflix beat earnings and it went up 908534905034% | [21:03] |
mjr_ | to try to cater to a fickle market | [21:03] |
mjr_ | yes | [21:03] |
mjr_ | but aapl beat | [21:03] |
mjr_ | and went down like $50 | [21:03] |
mjr_ | i personally wouldn't bet on direction | [21:03] |
mircea_popescu | ya well, netflix didn't have every hipster tard on their wagon | [21:03] |
mjr_ | get a straddle and just play the volatility | [21:03] |
mircea_popescu | much to their benefit. | [21:03] |
mjr_ | still though, i sold a record # of widgets...ok you suck, we don't want your stock | [21:04] |
mjr_ | but i made more money than you expected | [21:04] |
* | toffoo has quit () | [21:04] |
assbot | [MPEX] [S.MPOE] 4410 @ 0.00063653 = 2.8071 BTC [-] | [21:04] |
mjr_ | i don't care, sell sell sell | [21:04] |
assbot | [MPEX] [S.MPOE] 9826 @ 0.00063601 = 6.2494 BTC [-] | [21:04] |
assbot | [MPEX] [S.MPOE] 2514 @ 0.000636 = 1.5989 BTC [-] | [21:04] |
iz | netflix also secured big exclusive contracts with 2 major studios in the future | [21:04] |
mircea_popescu | mjr_ the key is if they find a new jobs. they don't, they're dead. | [21:04] |
mjr_ | irrational markets, focused on short term | [21:04] |
mod6 | AMZN beat (barely iirc) and it went up a bunch too -- until the following week where exuberance dropped. I think traders were spooked by the -1.0% GDP print... and any good earnings news was like "heaven sent" | [21:04] |
mjr_ | yeah...that is my point, a private company doesn't worry about spooking anybody | [21:05] |
mircea_popescu | iz that's a good point yes | [21:05] |
mjr_ | you do what you want | [21:05] |
iz | there's more data there, than just the earnings | [21:05] |
mjr_ | what you think is best | [21:05] |
mircea_popescu | prolly larger impact than the few cents | [21:05] |
iz | so if it seems "irrational", maybe it's just that you haven't seen all the data everyone else has | [21:05] |
mjr_ | wall street is like a bunch of whiny spoiled children | [21:05] |
mircea_popescu | iz i was using that example deliberately :) | [21:05] |
mjr_ | yeah...the prop traders i see...they are super inside | [21:05] |
iz | well, i'm glad i could help illustate your point there then :D | [21:06] |
mjr_ | they are scalping and playing around, they have no idea of fundamentals | [21:06] |
mjr_ | they are riding the emotions of others | [21:06] |
mjr_ | to make a penny or two | [21:06] |
mjr_ | just like an algorithm | [21:06] |
mjr_ | which doesn't care about any of that | [21:06] |
* | molec has quit (Ping timeout: 272 seconds) | [21:06] |
mjr_ | i think everyone gives these people WAY too much credit | [21:06] |
mjr_ | herd mentality | [21:07] |
mjr_ | in fact, some of them just buy and sell at the same price just to make liquidity rebates | [21:07] |
mjr_ | they could literally not care less about what the company does | [21:08] |
mjr_ | institutional investors are different | [21:08] |
mjr_ | they are a lot smarter, but still, driven by emotion to some degree | [21:08] |
mircea_popescu | im not sure i dig this entire reason/emotion debate. | [21:11] |
mircea_popescu | reason and emotion use the same circuitry but different heuristics is all | [21:11] |
mircea_popescu | not really as fundamentally different as people paint em | [21:11] |
mjr_ | eh | [21:13] |
mjr_ | just saying | [21:13] |
mjr_ | selling because you see red is dumb | [21:13] |
mjr_ | and i see a lot of people do that | [21:14] |
mjr_ | it is counter to normal | [21:14] |
mjr_ | when many are selling you should buy | [21:14] |
mircea_popescu | well, it's that intelligent markets theory or w/e | [21:14] |
mjr_ | and when many are buying you should sell | [21:14] |
mircea_popescu | advisors are actually telling people like stanford to sell when price goes down, and the more it goes down the more to sell | [21:14] |
mjr_ | i have seen people call up to check a position | [21:14] |
mircea_popescu | then rebuy when it's back up | [21:14] |
mjr_ | and i say you want me to flatten it? | [21:14] |
mircea_popescu | and they get paid $$$ for this | [21:14] |
mjr_ | that is my point | [21:15] |
mjr_ | the people will say no...don't sell | [21:15] |
mjr_ | they wait till they lose their profit and are down and then they sell | [21:15] |
mjr_ | because you want to own something that is profitable and you don't want to own something that is down | [21:15] |
mjr_ | exactly opposite of what you should do | [21:15] |
mjr_ | which is buy low sell high | [21:15] |
mjr_ | i'm down 4% on MPOE, i am going to double my position | [21:16] |
mircea_popescu | ya well, you don't know if it ever recovers is their idea | [21:16] |
mjr_ | yeah | [21:16] |
mircea_popescu | i mean... sure, i made money long on LEH | [21:16] |
mircea_popescu | but... most people'd have been ill advised to buy it | [21:16] |
mjr_ | but what they end up doing is buying at the top of the hill and selling at the bottom | [21:17] |
mircea_popescu | depends. some things actually go out. that's why i picked leh. | [21:17] |
mjr_ | cuz they get scared | [21:17] |
mjr_ | yeah true | [21:17] |
mircea_popescu | and at that time, citi and boa seemed primed for the same fate iirc. | [21:17] |
mjr_ | they did | [21:17] |
mjr_ | even goldman had rumors of failure | [21:17] |
mircea_popescu | and jpm | [21:17] |
mjr_ | yep | [21:17] |
mircea_popescu | which was funny, at the time | [21:17] |
mjr_ | jpm was way closer | [21:17] |
mjr_ | i'm actually reading "too big to fail" right now | [21:18] |
mircea_popescu | cause "everyone" knew if it comes to it fed is going to pick jpm to save | [21:18] |
mircea_popescu | if all banks default or something. | [21:18] |
mjr_ | yeah | [21:18] |
mjr_ | bailout was a very dirty word back then | [21:18] |
mjr_ | should still be IMO | [21:18] |
mjr_ | bankers are scumbags | [21:18] |
* | molec (~molecular@e177133191.adsl.alicedsl.de) has joined #bitcoin-assets | [21:18] |
mjr_ | for the most part, no offense to any bankers | [21:19] |
* | mircea_popescu goes all nostalgic checks out prices for freddie and fannie | [21:19] |
mjr_ | but seriously, you get the upside, we get the downside | [21:19] |
mjr_ | great work if you can get it | [21:19] |
mircea_popescu | both .3 | [21:20] |
mircea_popescu | heh. | [21:20] |
mjr_ | hehehe, it is fun trying to front run people :) | [21:21] |
mjr_ | love jumping in front of a wall | [21:22] |
mjr_ | by the way, bitfloor is my new favorite exchange | [21:22] |
mjr_ | i love it | [21:22] |
mircea_popescu | let me save that in my directory. | [21:23] |
mjr_ | i got my money in there in a half hour with no ID, and i think a $2 fee | [21:25] |
DeadWeasel | nice, i just reg'd last night. didn't have time to explore. | [21:26] |
mjr_ | the bank of america option is the way to go | [21:26] |
mjr_ | if you have one by you | [21:26] |
DeadWeasel | i do. | [21:26] |
mjr_ | literally half hour | [21:26] |
DeadWeasel | but they are open when I am at work. | [21:26] |
mjr_ | and roman who runs it emailed me when i asked how long within 5 min | [21:26] |
DeadWeasel | close at 4 assholes | [21:26] |
mjr_ | lol yeah | [21:26] |
mjr_ | bankers hours | [21:26] |
DeadWeasel | shithead hours | [21:26] |
mjr_ | yeah | [21:27] |
mjr_ | also...nice big spreads | [21:27] |
mjr_ | i'm just market making for fun right now | [21:27] |
DeadWeasel | yeah, i will look more tonight. | [21:27] |
mjr_ | think it's like a .35 spread | [21:27] |
DeadWeasel | good security? safe to keep btc there? | [21:27] |
DeadWeasel | you know, a working amount? | [21:27] |
mjr_ | don't know | [21:27] |
mircea_popescu | DeadWeasel they had a breach and currently owe the customerbase btc | [21:27] |
mjr_ | yes | [21:28] |
DeadWeasel | oh my | [21:28] |
mircea_popescu | so, i wouldn't keep btc there. but if you're ok with the risk, hey. | [21:28] |
DeadWeasel | well, i'll just watch for now, thanks mircea_popescu | [21:28] |
mjr_ | yeah, i don't know if i will leave btc overnight | [21:28] |
mjr_ | but, the guy is trying to pay back at least | [21:28] |
mjr_ | and i think he has started | [21:28] |
DeadWeasel | i mean, Gox got hit hard. | [21:28] |
DeadWeasel | but this is way after that | [21:28] |
mjr_ | yeah | [21:28] |
DeadWeasel | when was bitfloor? | [21:28] |
mircea_popescu | http://gizmodo.com/5940507/bitcoin-exchange-bitfloor-suspends-operations-following-250k-hacker-heist | [21:29] |
mjr_ | i mean, for me...i can drop off cash on the corner, have it in the account in a half hour, get PAID to trade (liquidity rebates) and don't have to use Mt. Gox (best reason) | [21:29] |
mjr_ | so, maybe a little riskier, but also i've emailed the guy and erik said he is a good guy, so i feel somewhat comfortable with it | [21:30] |
mjr_ | not that he vouched in any way | [21:30] |
mircea_popescu | he IS a good guy | [21:30] |
DeadWeasel | I'm a good guy, send me btc | [21:30] |
mircea_popescu | he did some open source stuff, whiz kid | [21:30] |
* | mod6 has quit (Read error: Connection reset by peer) | [21:30] |
mjr_ | yeah, his platform is nice | [21:30] |
mircea_popescu | but prudential is what it is. | [21:30] |
mjr_ | yeah | [21:30] |
mjr_ | i kinda want to help bring volume for many reasons | [21:30] |
mjr_ | he will be able to pay back if he collects more revenue | [21:31] |
mjr_ | i think having 80% of volume go through mt.gox is insane | [21:31] |
mjr_ | he is local and doesn't require id | [21:31] |
* | chippewa-adm has quit (Remote host closed the connection) | [21:31] |
mjr_ | and he gives liquidity rebates... | [21:31] |
mircea_popescu | mjr_ it's not the case. | [21:31] |
mjr_ | handles FIX messages in his API | [21:31] |
mjr_ | well ID to withdraw cash | [21:31] |
mjr_ | i think | [21:31] |
mjr_ | but i can drop off anonymously | [21:32] |
mjr_ | and i have no interest in cash | [21:32] |
mircea_popescu | mt gox has something like over half, i think | [21:32] |
mjr_ | oh they advertise 80% | [21:32] |
mjr_ | well...to be fair they say july 2011 | [21:32] |
mjr_ | but still | [21:32] |
mircea_popescu | :p | [21:32] |
mjr_ | i think a bunch of small local exchanges is better for the ecosystem | [21:33] |
mircea_popescu | this is true | [21:33] |
mjr_ | and i find their limits and fees onerous | [21:33] |
mjr_ | their process is byzantine to me | [21:33] |
mjr_ | i don't understand the voucher system and why we need an extra layer of annoyance | [21:33] |
mircea_popescu | im curious how the recent bitcoinica drama will unfold. | [21:33] |
mjr_ | yeah | [21:34] |
mjr_ | always drama in bitcoinland | [21:34] |
* | Jackmaninov (~Jackmanin@198.169.13.254) has joined #bitcoin-assets | [21:35] |
mjr_ | has anyone used camp bx? they also look really good | [21:35] |
DeadWeasel | the bot has changed his amount to .13 and is putting downward pressure on BTC price. | [21:35] |
DeadWeasel | from .10 | [21:36] |
mircea_popescu | which bot ? | [21:36] |
mircea_popescu | ;;ticker | [21:36] |
gribble | BTCUSD ticker | Best bid: 26.41728, Best ask: 26.42859, Bid-ask spread: 0.01131, Last trade: 26.42859, 24 hour volume: 143011.50114582, 24 hour low: 21.72100, 24 hour high: 26.67000, 24 hour vwap: 25.04569 | [21:36] |
DeadWeasel | the one I assume is a bot because I see a .13 sell every 6 or 8 transactions, sometimes 3 in a row at .002 less than the last. | [21:37] |
DeadWeasel | seems like a bot,i've got no way to know. | [21:37] |
mjr_ | also...i find that these exchanges are much easier to arb | [21:37] |
mjr_ | look at bitfloor and then look at camp bx | [21:37] |
mjr_ | 10 coins for sale at 26.65 | [21:38] |
B0g4r7_ | I'll buy your 10 coins for $26.65. | [21:38] |
mjr_ | can buy at 26.40 on bitfloor | [21:38] |
mjr_ | read up | [21:38] |
mjr_ | i'm showing the arbitrage opportunity that exists right now | [21:39] |
B0g4r7_ | Oh, you meant $26.65 each. ;P | [21:39] |
mjr_ | .25 | [21:39] |
mjr_ | gotta get to work on my bot | [21:39] |
B0g4r7_ | I had the beginnings of a bot. | [21:39] |
mjr_ | cuz i can transfer between these two relatively easily | [21:39] |
mjr_ | me too | [21:39] |
mjr_ | it was just a spread finder | [21:39] |
mjr_ | if the spread was larger than the fees it would market make | [21:39] |
B0g4r7_ | I was pleased to discover that once I had it talking to one exchange's API, it "just worked" with 3 others with no changes. | [21:39] |
mjr_ | nice | [21:40] |
mjr_ | i wish i could trust btc-e | [21:40] |
mjr_ | they have the best prices always i think | [21:40] |
B0g4r7_ | But you don't trust, eh? | [21:40] |
mjr_ | eh don't know | [21:40] |
mjr_ | seems too far away | [21:41] |
mjr_ | i don't use mt. gox | [21:41] |
mjr_ | i've used bitinstant, local, bitfloor, and soon camp bx | [21:41] |
* | mod6 (0270527950@rider.us) has joined #bitcoin-assets | [21:41] |
* | mod6 has quit (Client Quit) | [21:41] |
B0g4r7_ | I used btc-e a couple times to exchange for LTC. Had no issues. | [21:42] |
mjr_ | nice | [21:42] |
mjr_ | just seems to hard for me personally to get money all the way there | [21:42] |
mjr_ | international wire | [21:43] |
mjr_ | wait days | [21:43] |
mjr_ | i want to move fast | [21:43] |
mjr_ | i just got btc in camp bx now | [21:43] |
mjr_ | so i can take advantage of that offer sitting on the books | [21:43] |
mjr_ | and they let you send hidden orders *drool* | [21:44] |
mjr_ | so much easier to front run :) i gotta get to work on this bot | [21:44] |
* | mod6 (74e4e2fc72@rider.us) has joined #bitcoin-assets | [21:44] |
mod6 | laaaaaaag zapped me out | [21:45] |
assbot | [MPEX] [S.MPOE] 6400 @ 0.00063973 = 4.0943 BTC [+] | [21:52] |
assbot | [MPEX] [S.MPOE] 1968 @ 0.00064034 = 1.2602 BTC [+] | [21:52] |
* | Jackmani_ (~Jackmanin@198.169.13.254) has joined #bitcoin-assets | [21:56] |
DeadWeasel | wtf 27 | [21:56] |
DeadWeasel | ;;ticker | [21:56] |
gribble | BTCUSD ticker | Best bid: 26.88167, Best ask: 26.91933, Bid-ask spread: 0.03766, Last trade: 27.00000, 24 hour volume: 148547.21940210, 24 hour low: 21.72100, 24 hour high: 27.03987, 24 hour vwap: 25.12082 | [21:56] |
kakobrekla | ::bc,convert eur | [21:57] |
kakobrekla | ;;bc,convert eur | [21:57] |
gribble | 1 BTC = 27.00000 U.S. dollars = 20.2596233 Euros | [21:57] |
* | Lone has quit (Ping timeout: 245 seconds) | [21:57] |
* | dust-otc (~dust-otc@unaffiliated/dust-otc) has joined #bitcoin-assets | [21:59] |
* | Jackmaninov has quit (Ping timeout: 272 seconds) | [21:59] |
Bugpowder | fuclk | [22:01] |
kakobrekla | yea | [22:01] |
kakobrekla | my words exactly. | [22:01] |
* | mod6 has quit (Remote host closed the connection) | [22:02] |
Bugpowder | Ireally managed tofuck up my best trade ever | [22:02] |
Bugpowder | oh well | [22:02] |
* | Smoovious has quit (Ping timeout: 255 seconds) | [22:03] |
assbot | [MPEX] [O.BTCUSD.P240T] 1000 @ 0.05712394 = 57.1239 BTC [-] | [22:03] |
* | dust-otc has quit (Ping timeout: 252 seconds) | [22:03] |
assbot | [MPEX] [O.BTCUSD.P250T] 1000 @ 0.07274391 = 72.7439 BTC [-] | [22:03] |
assbot | [MPEX] [O.BTCUSD.P260T] 1000 @ 0.09149325 = 91.4933 BTC [-] | [22:03] |
mircea_popescu | ;;ticker | [22:03] |
gribble | BTCUSD ticker | Best bid: 27.09800, Best ask: 27.17804, Bid-ask spread: 0.08004, Last trade: 27.23334, 24 hour volume: 151359.26250357, 24 hour low: 21.72100, 24 hour high: 27.25000, 24 hour vwap: 25.15996 | [22:04] |
mircea_popescu | the wow | [22:04] |
kakobrekla | is fucked. | [22:04] |
mircea_popescu | it's like... wow. | [22:04] |
mircea_popescu | 27 ? srlsy ?! | [22:04] |
mircea_popescu | went form 21 to 27 in 16 hours ? | [22:04] |
DeadWeasel | dat not good | [22:04] |
DeadWeasel | too bouncy | [22:04] |
* | gigavps (~me@ec2-107-23-184-108.compute-1.amazonaws.com) has joined #bitcoin-assets | [22:05] |
DeadWeasel | ;;asks 26.5 | [22:05] |
gribble | There are currently 0 bitcoins offered at or under 26.5 USD, worth 0.0 USD in total. | [22:05] |
DeadWeasel | ;;asks 27 | [22:05] |
gribble | There are currently 0 bitcoins offered at or under 27.0 USD, worth 0.0 USD in total. | [22:05] |
DeadWeasel | damn | [22:05] |
DeadWeasel | asks disappeared in 2 seconds | [22:06] |
DeadWeasel | ;;asks 28 | [22:06] |
gribble | There are currently 10647.286 bitcoins offered at or under 28.0 USD, worth 294253.35604 USD in total. | [22:06] |
DeadWeasel | ;;asks 29 | [22:06] |
gribble | There are currently 13698.669 bitcoins offered at or under 29.0 USD, worth 381539.936416 USD in total. | [22:06] |
DeadWeasel | ;;bids 29 | [22:06] |
gribble | There are currently 0 bitcoins demanded at or over 29.0 USD, worth 0.0 USD in total. | [22:06] |
kakobrekla | 30 here we come | [22:06] |
DeadWeasel | thank you for saying that, i always get itchy trigger finger in these wild swings. I'm such an emotional woman | [22:07] |
* | mod6 (71a4fd4e3d@rider.us) has joined #bitcoin-assets | [22:07] |
* | mod6 is now known as Guest7292 | [22:08] |
* | DeadWeasel calls himself a woman metaphorically | [22:08] |
Bugpowder | fuk this | [22:08] |
DeadWeasel | dumps coming | [22:09] |
* | Guest7292 is now known as mod6 | [22:09] |
mjr_ | man, this is great | [22:09] |
mjr_ | i love these exchanges | [22:10] |
* | jborkl (~jborkl@unaffiliated/jborkl) has joined #bitcoin-assets | [22:10] |
assbot | [HAVELOCK] [SDICE] 5 @ 0.723 = 3.615 BTC [-] | [22:11] |
burnside | [22:12] | |
* | Bugpowder has quit (Ping timeout: 245 seconds) | [22:12] |
burnside | Bugpowder - you live in Santa Monica? | [22:13] |
assbot | [BTCTC] [S.DICE-PT] 5 @ 0.0063 = 0.0315 BTC [+] | [22:14] |
mod6 | ;;ticker | [22:22] |
gribble | BTCUSD ticker | Best bid: 27.07455, Best ask: 27.08704, Bid-ask spread: 0.01249, Last trade: 27.24000, 24 hour volume: 153179.59959284, 24 hour low: 21.72100, 24 hour high: 27.25000, 24 hour vwap: 25.18652 | [22:22] |
DeadWeasel | 12K to 28. Everyone expect a big drop at 30? | [22:23] |
DeadWeasel | or more ilke 32/35? | [22:23] |
DeadWeasel | i know we don't know, but what does your gut expect/ | [22:23] |
DeadWeasel | ? | [22:24] |
DeadWeasel | ;;slap deadweasel | [22:24] |
gribble | Error: timed out | [22:24] |
DeadWeasel | Gribble! | [22:24] |
DeadWeasel | don't die on me! | [22:24] |
DeadWeasel | I need a good spank! | [22:24] |
DeadWeasel | ;;slap deadweasel | [22:24] |
* | gribble slaps deadweasel with a radioactive single reed | [22:24] |
* | DeadWeasel is releived | [22:24] |
DeadWeasel | relieved* | [22:25] |
DeadWeasel | ;;ticker | [22:25] |
gribble | BTCUSD ticker | Best bid: 27.20000, Best ask: 27.22800, Bid-ask spread: 0.02800, Last trade: 27.20000, 24 hour volume: 153518.46183669, 24 hour low: 21.72100, 24 hour high: 27.25000, 24 hour vwap: 25.19122 | [22:25] |
DeadWeasel | dinner time tonight, 40-70kBTC dum | [22:26] |
DeadWeasel | p | [22:26] |
DeadWeasel | probably | [22:26] |
DeadWeasel | if last night is any indicator | [22:26] |
Diablo-D3 | jesus what | [22:28] |
assbot | [MPEX] [O.BTCUSD.P260T] 1000 @ 0.08972507 = 89.7251 BTC [-] | [22:32] |
assbot | [MPEX] [O.BTCUSD.P250T] 1000 @ 0.07128309 = 71.2831 BTC [-] | [22:32] |
assbot | [MPEX] [O.BTCUSD.P240T] 1000 @ 0.05592943 = 55.9294 BTC [-] | [22:32] |
maximian | http://blog.reddit.com/2013/02/new-gold-payment-options-bitcoin-and.html | [22:33] |
maximian | This will make a news splash for sure | [22:35] |
mircea_popescu | o hey | [22:36] |
mircea_popescu | somewhatbashful will love that1. | [22:36] |
assbot | [MPEX] [O.BTCUSD.P230T] 1000 @ 0.04308293 = 43.0829 BTC [-] | [22:37] |
mjr_ | why is there going to be a dump? | [22:40] |
jurov | a day ago or so 250k ask wall shortly appeared on mtgox | [22:41] |
* | Lyspooner (~chatzilla@unaffiliated/mpkomara) has joined #bitcoin-assets | [22:41] |
jurov | if it wasn't shoped, it's likely it's perparing for dump | [22:42] |
mircea_popescu | http://www.btcguild.com/halloffame.php | [22:42] |
Lyspooner | i'm trying to buy reddit gold with my bitcoin gems. someone help! | [22:42] |
mircea_popescu | alleged asicminer 2.2th | [22:42] |
jurov | ;;sell 250000 | [22:42] |
gribble | (sell |
[22:42] |
kakobrekla | 15 blocks found by it | [22:42] |
jurov | ;;bc,sell 250000 | [22:42] |
gribble | Error: "bc,sell" is not a valid command. | [22:42] |
mjr_ | oh wow, so asicminer is doing good i guess | [22:43] |
mircea_popescu | by now it's 1/3 of the whole pool | [22:43] |
mircea_popescu | and if indeed they have 12th it will be 16th in btcguild out of 37th total | [22:44] |
mircea_popescu | closing in on 50% | [22:44] |
mircea_popescu | Network total 23.541 Thash/s atm, which is even worse. | [22:44] |
mircea_popescu | and makes the 2th figure look like shenanigans really. | [22:44] |
* | Smoovious (~imp586@75-12-89-18.lightspeed.wyngmi.sbcglobal.net) has joined #bitcoin-assets | [22:45] |
DeadWeasel | ;;ticker | [22:45] |
gribble | BTCUSD ticker | Best bid: 27.25414, Best ask: 27.30710, Bid-ask spread: 0.05296, Last trade: 27.50000, 24 hour volume: 157549.28385180, 24 hour low: 21.72100, 24 hour high: 27.50000, 24 hour vwap: 25.25535 | [22:45] |
kakobrekla | ;;bc,convert eur | [22:47] |
gribble | 1 BTC = 27.50000 U.S. dollars = 20.6348015 Euros | [22:47] |
maximian | I think with this news, it's going to $30 for sure | [22:47] |
mircea_popescu | why so ? | [22:48] |
maximian | fresh injection of hype | [22:48] |
* | Chilca has quit (Remote host closed the connection) | [22:49] |
mircea_popescu | a that | [22:49] |
mircea_popescu | ya | [22:49] |
assbot | [MPEX] [S.MPOE] 6250 @ 0.0006375 = 3.9844 BTC [-] | [22:50] |
assbot | [MPEX] [S.MPOE] 11450 @ 0.000637 = 7.2937 BTC [-] | [22:50] |
assbot | [MPEX] [S.DICE] 500 @ 0.00627988 = 3.1399 BTC [-] | [22:50] |
assbot | [MPEX] [S.DICE] 650 @ 0.00628 = 4.082 BTC [+] | [22:50] |
mod6 | ;;market --sell 250000 | [22:51] |
gribble | A market order to sell 250000 bitcoins right now would net 3327608.8468 USD and would take the last price down to 2.2000 USD, resulting in an average price of 13.3104 USD/BTC. | [22:51] |
gigavps | https://bitcointalk.org/index.php?topic=144046.0;topicseen | [22:51] |
mod6 | wow. if that happens, i be buying. | [22:51] |
jurov | reddit lulz "67117 identity reviled, it's asicminer" | [22:51] |
mircea_popescu | jurov they said so iirc | [22:52] |
jurov | they're reviled | [22:52] |
* | rdponticelli has quit (Remote host closed the connection) | [22:52] |
Diablo-D3 | I thought we already knew this? | [22:54] |
jurov | ;;ud reviled | [22:55] |
gribble | http://www.urbandictionary.com/define.php?term=reviled | 1. to assail with contemptuous or opprobrious language; address or speak of abusively. 2. to speak abusively. | [22:55] |
mircea_popescu | hahaah owned me. | [22:55] |
mircea_popescu | thought you misspelled revealed. | [22:55] |
mjr_ | reddit just started accepting bitcoins | [22:55] |
* | rdponticelli (~rdpontice@gateway/tor-sasl/rdponticelli) has joined #bitcoin-assets | [22:56] |
* | Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets | [22:56] |
mjr_ | going through coinbase | [22:56] |
mircea_popescu | yeh | [22:56] |
mjr_ | so now, if every redditor at least just sees the option if they go to pay | [22:56] |
mjr_ | they will at least think, oh that's a thing | [22:57] |
mjr_ | could be big publicity | [22:57] |
assbot | [HAVELOCK] [SDICE] 5 @ 0.739 = 3.695 BTC [+] | [22:58] |
* | mjr_ drools at the possiblity of netflix accepting btc | [22:58] |
mircea_popescu | that'd actually be pretty cool. | [22:58] |
mjr_ | it makes sense for them | [22:58] |
mjr_ | even just offering the option... | [22:59] |
mjr_ | exposure | [22:59] |
mjr_ | gonna start an email campaign...now | [22:59] |
maximian | this is crazy good publicity | [23:00] |
maximian | perhaps the most important news event since the Silk Road story on Gawker | [23:01] |
nanotube | what's this, reddit takes bitcoins now? nice :) | [23:04] |
mjr_ | yeah | [23:07] |
mjr_ | i'm sure not everyone even uses reddit gold | [23:07] |
mjr_ | and those that do may not even choose to use btc | [23:07] |
mjr_ | but at least they will have heard of it now | [23:07] |
mjr_ | i think if many people push to get online content providers to offer it | [23:08] |
mjr_ | netflix, hulu plus, spotify, pandora, etc | [23:08] |
mjr_ | that would be very nice | [23:08] |
mjr_ | and it fits in very well with their model | [23:09] |
mjr_ | though it would be nice if there was a wallet that did recurring payments | [23:09] |
nanotube | mjr_: cool. /me doesn't use reddit, but i hear it's pretty big. | [23:11] |
nanotube | also, wallet with recurring payments... that's called a cronjob :D | [23:11] |
maximian | bitcoin sentiment is shifting from "lolz… monopoly money" to "wtf? really?" | [23:11] |
mjr_ | yeah, the bitcoin channel is ok, though not super smart financially speaking | [23:11] |
mjr_ | exactly | [23:11] |
nanotube | though really i'm not sure i'd want to do any recurring payments automatically. | [23:11] |
mjr_ | and i know cron jobs :( so like i said we need a wallet with recurring payments | [23:11] |
nanotube | there's a protocol being developed for payment requests and receipts and stuff, that would probably be pretty good for it. | [23:12] |
mjr_ | sweet | [23:12] |
mjr_ | just saying that would be a great feature to offer a netflix | [23:12] |
mjr_ | they love recurring monthly stuff vs they have to choose to pay each month | [23:12] |
makomk | malaimo markedathome maximian midnightmagic mircea_popescu mjr_ mjr__ mod6 molec | [23:12] |
mircea_popescu | maximian exactly. | [23:12] |
nanotube | yes, it's good for the seller, bad for the buyer.... | [23:12] |
nanotube | (i.e., a lot of those guys count on people forgetting to cancel) | [23:12] |
mircea_popescu | http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& | [23:13] |
mircea_popescu | dat cock. | [23:13] |
nanotube | howdy mircea_popescu :) | [23:14] |
mircea_popescu | hey! | [23:14] |
mjr_ | yeah, i mean, that is kinda on the buyer | [23:16] |
mjr_ | you don't like, you cancel | [23:16] |
mjr_ | but, i kinda appreciate not having to think about netflix, just automatically take my $7...if i had to call or actually do something...probably wouldn't be worth the effort | [23:16] |
mircea_popescu | mjr_ prolly can have an app. | [23:17] |
mjr_ | true | [23:17] |
mjr_ | by the way...notice that reddit went through coinbase... | [23:17] |
* | Jackmani_ has quit (Remote host closed the connection) | [23:17] |
mjr_ | i think they will do better as online wallet/vendor support than as actual bitcoin exchange | [23:17] |
mjr_ | TBH, it is my second least favorite method after mt gox | [23:18] |
mjr_ | is there a way to tweet a bitcoin at someone? | [23:20] |
* | Namworld (~Namworld@modemcable075.132-23-96.mc.videotron.ca) has joined #bitcoin-assets | [23:22] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006394 = 2.7628 BTC [+] | [23:28] |
assbot | [MPEX] [S.MPOE] 14779 @ 0.00063957 = 9.4522 BTC [+] | [23:28] |
mod6 | ;;ticker | [23:29] |
gribble | BTCUSD ticker | Best bid: 26.50000, Best ask: 27.00000, Bid-ask spread: 0.50000, Last trade: 26.50000, 24 hour volume: 162182.55852551, 24 hour low: 21.72100, 24 hour high: 27.59690, 24 hour vwap: 25.32592 | [23:29] |
mod6 | hmmm | [23:29] |
* | Chilca has quit (Remote host closed the connection) | [23:31] |
assbot | [MPEX] [S.MPOE] 3517 @ 0.00063744 = 2.2419 BTC [-] | [23:32] |
mjr_ | ok... | [23:33] |
mjr_ | so i went to suggest to netflix | [23:33] |
mjr_ | had to live chat cuz i couldn't find an email address | [23:33] |
mjr_ | he said they don't have one for suggestions | [23:34] |
mjr_ | but that he could relay my suggestion | [23:34] |
mjr_ | so i said my first suggestion is that you get an email address for suggestions | [23:34] |
mjr_ | second suggestion, accept bitcoins | [23:34] |
mod6 | lol | [23:35] |
mircea_popescu | wrong order. | [23:35] |
mod6 | nice | [23:35] |
mjr_ | lol | [23:35] |
mjr_ | well...i want to be able to try and get a bunch of people to email | [23:35] |
mjr_ | cuz getting them to chat with jason will be tougher | [23:35] |
mircea_popescu | lol | [23:35] |
mircea_popescu | this shit's so unreal. from 14 to 28 in a month ? | [23:36] |
mircea_popescu | srsly ? | [23:36] |
mjr_ | i had the time and thought this guy would be like wtf | [23:36] |
mjr_ | he was like, ah i haven't heard of that in a while | [23:36] |
mod6 | it seems like every new leg up is met with a round of selling though. and it marches on... | [23:36] |
mjr_ | yep | [23:36] |
mjr_ | saw a great article on the rally | [23:36] |
mircea_popescu | mod6 yup | [23:36] |
pigeons | jurov: the wall wasn't shopped, i saw it | [23:36] |
mircea_popescu | this cvan not but end up in tears. | [23:36] |
mjr_ | http://bitcoinmagazine.com/13-to-26-exploring-the-bitcoin-rally/ | [23:37] |
pigeons | i dont think bitcoinmagazine links are allowed in here | [23:37] |
mjr_ | this time (i believe) it is based on greater adoption and publicity | [23:38] |
mjr_ | oops sorry | [23:38] |
mjr_ | did not realize that | [23:38] |
mjr_ | !help | [23:38] |
assbot | List of commands: | [23:38] |
assbot | !ticker |
[23:38] |
assbot | [MPEX] [S.MPOE] 21 @ 0.00063957 = 0.0134 BTC [+] | [23:39] |
assbot | [MPEX] [S.MPOE] 2353 @ 0.00064037 = 1.5068 BTC [+] | [23:39] |
assbot | [MPEX] [S.MPOE] 1000 @ 0.00064051 = 0.6405 BTC [+] | [23:39] |
assbot | [MPEX] [S.MPOE] 9326 @ 0.00064052 = 5.9735 BTC [+] | [23:39] |
makomk | malaimo markedathome maximian midnightmagic mircea_popescu mjr_ mjr__ mod6 molec | [23:39] |
mircea_popescu | mjr_ he's trolling you | [23:39] |
mircea_popescu | "Market prediction is a difficult thing; if it were easy, Bitcoin would have immediately jumped all the way to some final price back in 2009. Perhaps the best strategy for most of us is to simply wait and see." | [23:39] |
mircea_popescu | ironically... that's what apparently happened to s.mpoe. | [23:39] |
mjr_ | anyway, by any metric you choose, they are growing everywhere, blog mentions, google trends, SR users, SR items for sale, overall volume | [23:40] |
mircea_popescu | it went way up and since then it's been roughly stable | [23:40] |
mjr_ | lol yeah | [23:40] |
mjr_ | no one can predict and i don't even want to | [23:40] |
mircea_popescu | just going by how annoyed somethingbashful is tho... | [23:40] |
mircea_popescu | pretty funny. | [23:40] |
mjr_ | but i can see baseless tulip stuff vs growing interest | [23:40] |
mircea_popescu | " It's just a neat piece for people to talk about to feel tapped into the pulse of the Internet without actually having to do it. "You hear about that internet currency? Yeah it's pretty neat huh" and that's the end of it. It's just a filler piece, a blurb, not really a publicity piece. | [23:41] |
mircea_popescu | There's nothing actually newsworthy about bitcoin at this point except in drug law and so on. Drugs aren't really "in" right now in the news cycle. Now, if someone started selling unregistered guns with extended magazines using bitcoin. . ." | [23:41] |
mircea_popescu | bitcoin isn't really happening volume 349578349 | [23:41] |
mjr_ | is that counting other exchanges and coinbase? | [23:41] |
mircea_popescu | "When this bubble bursts it won't be newsworthy because nothing of importance will be lost. There will be a few articles on Gawker or whatever but nobody will really report on this. Bitcoin will die slowly, fading into obscurity as the last true believer tries to tell his son with his dying breath "there's always money in the bitcoin shack," not realizing his son mothballed that loving shack years ago because it was st | [23:41] |
mircea_popescu | upid makework and the solar panels powering it could be used for something fruitful." | [23:41] |
mircea_popescu | sweet sweet tears lol | [23:41] |
mjr_ | hahahaha | [23:42] |
mjr_ | i mean, changing the world and the financial systems, giving people a more democratic method of payment, giving them power...that is all well and good...i really just want to see SA cry | [23:42] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00064049 = 2.7676 BTC [-] | [23:43] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.0006405 = 2.7676 BTC [+] | [23:43] |
assbot | [MPEX] [S.MPOE] 6125 @ 0.00064052 = 3.9232 BTC [+] | [23:43] |
assbot | [MPEX] [S.MPOE] 11400 @ 0.00064108 = 7.3083 BTC [+] | [23:43] |
assbot | [MPEX] [S.MPOE] 6380 @ 0.00064182 = 4.0948 BTC [+] | [23:43] |
assbot | [MPEX] [S.MPOE] 4553 @ 0.00064311 = 2.9281 BTC [+] | [23:43] |
mircea_popescu | it's their interwebs forum, they can cry if they want to . | [23:43] |
mircea_popescu | certainly better than mangosteencoin tho. | [23:43] |
mircea_popescu | which i think is the real problem here. | [23:43] |
mircea_popescu | "I really hope asicminer brings all their stuff online, takes control of the network and pushes all the other mining pools out of existence by increasing the difficulty beyond profitability for anyone without their own ASICs. People desert Bitcoin in droves, the price crashes and ASIC owners are left holding the bag of worthless Bitcoins and useless, expensive hardware." | [23:44] |
mircea_popescu | this was totally the best interwbs report so far. | [23:44] |
mircea_popescu | so full of butthurtcoin... | [23:44] |
mod6 | yeah. these guys have epic amounts of butthurt. | [23:45] |
mod6 | this is all stuff from SA huh? | [23:45] |
mircea_popescu | Someone did the math some minutes ago on the BFL chat how much a single Jalapeno would earn per day if everyone rolls out as intended and the difficulty matches that hashrate. | [23:45] |
mircea_popescu | It's "0.025152 - 0.037728" BTC per day. Yup, your 150$ device makes 4 to 6 cent a day (at pre bubble burst prices). | [23:45] |
mircea_popescu | also can not math any. | [23:46] |
mircea_popescu | which is somewhat not surprising, i guess they're mostly the liberal arts/community college folks with a lot of debt and degrees in whore/nigger studies right ? | [23:46] |
mod6 | yeah | [23:46] |
assbot | [HAVELOCK] [SDICE] 4 @ 0.74 = 2.96 BTC [+] | [23:48] |
mjr_ | lol | [23:48] |
mjr_ | they are only going to have half the hashing power of the avalons | [23:48] |
mircea_popescu | if indeed avalon delivers anything eventually then its kinda perfect that asicminer came online first | [23:48] |
mircea_popescu | 25 + 12 + 18 best way for this to play out | [23:48] |
mjr_ | avalon has been online | [23:49] |
mjr_ | 2 of them | [23:49] |
mjr_ | i saw one in person | [23:49] |
mircea_popescu | nah, they sent like 60 units which are awol/possibly confiscated/stuck in customs/who knows | [23:49] |
mjr_ | watched it hash, (well not actually the bits, but it was on) | [23:49] |
mircea_popescu | and the rest are stuck in ny celebrations | [23:49] |
* | DeaDTerra has quit () | [23:49] |
mjr_ | yeah the first batch is not "wild" yet | [23:49] |
mjr_ | but the 2 PoC are | [23:50] |
mircea_popescu | well yes | [23:50] |
mjr_ | will BFL ever deliver | [23:50] |
mircea_popescu | actually im kind of curious if inaba REALLY thinks he;ll be able to walk away from the eventual bfl blow up | [23:50] |
mircea_popescu | especially after what happened to buzz dave. | [23:50] |
mjr_ | do you know what exchange asicminer is going to be on? | [23:51] |
mircea_popescu | http://blockchain.info/pools | [23:51] |
mircea_popescu | it also seems the btc guild thing was judicious | [23:52] |
assbot | [HAVELOCK] [KCIM] 1 @ 0.999999 BTC [-] | [23:52] |
mircea_popescu | i wonder if the next 4th go to slush | [23:52] |
mircea_popescu | mjr_ they're developing their own last i heard. | [23:52] |
mjr_ | interesting | [23:52] |
Lyspooner | when did those 23, 24, 25, 26 puts trade mircea_popescu | [23:52] |
mircea_popescu | yest and earlier. | [23:52] |
mircea_popescu | the forum is abuzz with commentary. | [23:52] |
mircea_popescu | https://forums.butterflylabs.com/bfl-forum-miscellaneous/952-new-account-page-website-shows-your-orders-11.html#post14508 that shit's pretty good. | [23:53] |
mjr_ | think idiff futures are a good call? | [23:53] |
* | gigavps has quit () | [23:54] |
mircea_popescu | mjr_ well... i dunno. | [23:54] |
mircea_popescu | kinda wide spread on them | [23:55] |
mircea_popescu | i imagine sooner or later someone competent - maybe a miner - will start mming them | [23:55] |
mjr_ | by the way | [23:56] |
mjr_ | at current price, we may have broken 300 mil | [23:56] |
mjr_ | 280 using average which is around 25 | [23:56] |
mjr_ | think there is at least another 20 mil for $2.... | [23:56] |
mircea_popescu | ;;ticker | [23:56] |
gribble | BTCUSD ticker | Best bid: 26.95326, Best ask: 26.99997, Bid-ask spread: 0.04671, Last trade: 26.95326, 24 hour volume: 162515.40000499, 24 hour low: 21.72100, 24 hour high: 27.59690, 24 hour vwap: 25.34225 | [23:56] |
mircea_popescu | ;;calc 10.780*25.34225 | [23:56] |
gribble | 273.189455 | [23:56] |
mircea_popescu | not yet | [23:56] |
Lyspooner | what about the 20EUR/BTC mark? | [23:57] |
Lyspooner | that's right here | [23:57] |
mircea_popescu | thaty's done | [23:57] |
mjr_ | no, not using vwap, using mt gox last i meant | [23:57] |
mjr_ | not official | [23:57] |
mjr_ | but getting there | [23:57] |
Lyspooner | the euro's still around? jesus | [23:57] |
mod6 | haha | [23:57] |
mircea_popescu | Lyspooner don't hate, i bought some homeless chicks pizzas with bitcoins like yest. | [23:58] |
Lyspooner | some homeless chicks' pizzas more like it | [23:58] |
Lyspooner | ruthless! | [23:58] |
mircea_popescu | well they claimed they were students but i dunno... | [23:58] |
mircea_popescu | fuck. i said with bitcoins | [23:58] |
mircea_popescu | I meant with EUROs | [23:59] |
mircea_popescu | jesus it's falling into irrelevancy. | [23:59] |
mod6 | ahhh | [23:59] |
Lyspooner | ok makes sense now | [23:59] |
mjr_ | yeah, think a few of them want out of the eurozone | [23:59] |
mod6 | i was wondering if you used the pizza.itradebtc.com thingy | [23:59] |
mircea_popescu | no, i used a street vendor | [23:59] |
Lyspooner | i did pizzaforbitcoins, it is worthless | [23:59] |
Category: Logs