Show Idle (>14 d.) Chans
← 2013-10-17 | 2013-10-19 → ↓
00:15 assbot [HAVELOCK] [NEOBEE] 4270 @ 0.00257578 = 10.9986 BTC [-] {8}
00:19 assbot [MPEX] [S.MPOE] 2500 @ 0.00081265 = 2.0316 BTC [-]
~ 1 hours 22 minutes ~
01:41 assbot [MPEX] [S.MPOE] 10700 @ 0.00081389 = 8.7086 BTC [+] {2}
01:51 benkay daww BingoBoingo
01:51 benkay that's a pretty weak counter troll
01:51 benkay straight for the pooper? what is this, amateur hour?
01:52 BingoBoingo benkay: Maybe. I've been working actual troll pretty hard other venues. I've collected quite a few Buttcoins of my own though.
01:53 BingoBoingo Here's two: a halfsie http://i.imgur.com/yQ52mP7.jpg and a full one http://i.imgur.com/o08heoV.jpg
01:54 benkay a trapman i see
01:56 benkay meh
01:56 benkay not a terrifically interesting deployment of capital
01:58 BingoBoingo benkay: Well, two different people. How was I to know the second was a trap though?
02:01 benkay how can one know anything on the internet these days
02:01 benkay once upon a time there were channels
02:01 benkay nowadays every channel is stuffed with shills
02:02 benkay it's far cheaper to promulgate uncertainty and craziness than specific angles
02:02 benkay with the end result of impenetrable chaos noise on all lines
02:13 BingoBoingo benkay: The solution is to create more noise.
02:13 benkay nonsense
02:13 benkay there's only marginal profit to be made in just increasing entropy
02:14 BingoBoingo benkay: There could also be increased security though.
02:14 benkay "could"
02:15 benkay it could also be possible to emulate quantum circuits on VN architecture chips
02:15 benkay also
02:15 benkay "security"
02:17 BingoBoingo benkay: Maybe? Nature generally seems to push for increases in entropy though. The poor get poorer somehow. With enough buttcoins eventually you get enough asses that they can't all be traps.
02:21 assbot [HAVELOCK] [AM1] 1 @ 0.605 BTC [-]
02:21 benkay well, yes, Nature does certainly prefer some arrangements to others. those highly ordered arrangements are very useful to people, though.
02:22 BingoBoingo benkay: In a lot of ways though people and nature are adversaries.
02:22 benkay and while one can extract a certain amount of value from turning a pile of well-ordered things into a pile of less-well ordered things, the art of business construction is largely that of building machines that work against the entropic gradient.
02:23 benkay i am not making this point clearly at all
02:23 benkay more chardonnay is called for
02:23 assbot [HAVELOCK] [AM1] 2 @ 0.595 = 1.19 BTC [-] {2}
02:24 benkay i think that what i'm trying to say is that i enjoy and profit from building machines that take in energy and do work upon the environment, disadvantaging some market players and advantaging others.
02:24 benkay and just computing hashes strikes me as a poor use of natural gas
02:25 assbot [MPEX] [S.MPOE] 2300 @ 0.00081414 = 1.8725 BTC [+]
02:25 assbot [HAVELOCK] [AM1] 1 @ 0.5763 BTC [-]
02:26 assbot [HAVELOCK] [AM1] 12 @ 0.57566666 = 6.908 BTC [-] {4}
02:26 benkay this comes back to leverage
02:26 benkay you can never get more energy out of oil than is in there to begin with
02:27 benkay but carefuly rearrangement of atoms can lead to some pretty spectacular machines
02:28 benkay with enough practice and demonstrated competence in rearranging, one doesn't even need to gamble on whether a given whore is a trap or not.
02:28 benkay if in desire of traps, acquire and enjoy.
02:28 benkay if not, don't.
02:29 assbot [HAVELOCK] [AM1] 20 @ 0.57000499 = 11.4001 BTC [-] {14}
02:31 assbot [MPEX] [S.MPOE] 2200 @ 0.00081414 = 1.7911 BTC [+]
02:33 benkay wow and also
02:34 benkay " A good chunk of the recent hashpower is split roughly evenly between the Chinese and the US "
02:34 benkay at this point i'm inclined to take it on faith but otoh what's the basis?
02:35 BingoBoingo benkay: Some times a troll is just a troll. Sometimes it is planned. Other times it is serendipitous. Being a 'Murican whose education lacked training in taste, balls in unexpected contexts give me a chuckle...
02:35 assbot [MPEX] [S.MPOE] 4924 @ 0.00081416 = 4.0089 BTC [+] {2}
02:35 pankkake not even mentionning Europe
02:36 assbot [MPEX] [S.MPOE] 9129 @ 0.00081435 = 7.4342 BTC [+] {2}
02:37 BingoBoingo pankkake: I figure Europe has had this long figured out. Like the Spartans did with the Sodomy until you are 30 business.
02:38 pankkake it was about "split roughly evenly between the Chinese and the US" ;)
02:40 BingoBoingo pankkake: Oh. I just figured Europe was too busy not being shut down to get ASICs.
02:40 pankkake lol
02:48 BingoBoingo And China doesn't have much of a barrier to get into mining, because they have plenty of companies producing ASICs to seize.
02:49 benkay not to mention the power to burn behind fpgas
02:52 assbot [HAVELOCK] [AM100] 93 @ 0.00561961 = 0.5226 BTC [+] {4}
02:53 pankkake oh that was mentionning governments?
02:53 pankkake well… lel
03:07 assbot [HAVELOCK] [VTX] 5 @ 0.3611014 = 1.8055 BTC [+]
03:09 assbot [HAVELOCK] [VTX] 11 @ 0.367 = 4.037 BTC [+]
03:13 assbot [HAVELOCK] [HIM] 2 @ 0.06899999 = 0.138 BTC [-] {2}
~ 27 minutes ~
03:40 assbot [HAVELOCK] [AM100] 34 @ 0.0052 = 0.1768 BTC [-]
03:41 assbot [HAVELOCK] [AM100] 84 @ 0.005101 = 0.4285 BTC [-]
03:54 pankkake http://www.dailydot.com/crime/black-market-reloaded-shut-down-backopy-silk-road/
03:54 ozbot The Daily Dot - Deep Web's biggest illegal gun market shuts down
04:04 assbot [MPEX] [S.MPOE] 3305 @ 0.0008136 = 2.6889 BTC [-]
~ 23 minutes ~
04:27 assbot [MPEX] [S.MPOE] 6450 @ 0.00081694 = 5.2693 BTC [+] {2}
~ 15 minutes ~
04:43 mircea_popescu dub oh gtfo. "sanity is a religion" bs, basically the internet has devolved to a sort of cracked-clone
04:44 mircea_popescu "i'm an underpaid 'creative' with no ideas required to churn out oodles of 'work', here's my recipe : take random things to make random claims about. can be used to create an infinity of articles that are mildly entertaining for the midly stupid relatively illiterate net dorks."
04:48 mircea_popescu ;;later tell bingoboingo lmao @ your art collection.
04:48 gribble The operation succeeded.
04:50 mircea_popescu ;;later tell benkay computing hashes is a much better "use" of natural gas than mouthbreathers are a "use" of oxygen. luckily nature is more akin a whore than a bar of soap : it doesn't wear out.
04:50 gribble The operation succeeded.
04:52 mircea_popescu pankkake yurpean govts have better shit to do than keep up with technology.
04:54 assbot [HAVELOCK] [NEOBEE] 119 @ 0.00249999 = 0.2975 BTC [-]
04:55 assbot [HAVELOCK] [NEOBEE] 201 @ 0.00249999 = 0.5025 BTC [-] {2}
04:56 gecko_x2 http://www.theregister.co.uk/2013/10/17/bitcoin_exchange_ddos_flood/
04:57 assbot [HAVELOCK] [NEOBEE] 126 @ 0.00249999 = 0.315 BTC [-]
04:58 assbot [HAVELOCK] [NEOBEE] 120 @ 0.0025 = 0.3 BTC [+]
04:58 mircea_popescu lol @all teh crapola dns masquerading firms trying to sell their product.
04:58 mircea_popescu if incapsula/cloudflare/etc were any good mpex'd use them.
05:02 gecko_x2 http://www.forbes.com/sites/kashmirhill/2013/10/17/does-this-17-million-bitcoin-wallet-belong-to-alleged-silk-road-mastermind-ross-ulbricht/
05:02 ozbot Does This $17 Million Bitcoin Wallet Belong To Alleged Silk Road Creator Ross Ulbricht? - Forbes
05:04 assbot [MPEX] [S.MPOE] 9640 @ 0.0008136 = 7.8431 BTC [-]
~ 16 minutes ~
05:20 assbot [MPEX] [S.MPOE] 6353 @ 0.00081932 = 5.2051 BTC [+] {2}
~ 48 minutes ~
06:08 mircea_popescu dub here, because i like you so : http://trilema.com/2013/the-disadvantage-of-teaching-people-the-alphabet-and-nothing-more-is-that-you-have-to-somehow-put-up-with-a-bunch-of-retards-that-can-now-express-themselves-in-writing/
06:12 assbot [HAVELOCK] [B] [XBOND] 95 @ 0.00119 = 0.1131 BTC [-]
06:18 dub http://www.youtube.com/watch?v=5Krz-dyD-UQ
06:21 mircea_popescu lol
06:25 ThickAsThieves http://letstalkbitcoin.com/the-regulation-of-bitcoin/#.UmEMifmsigI
06:25 ozbot The Regulation of Bitcoin | Lets Talk Bitcoin
06:26 ThickAsThieves by Amir Taaki
06:26 ThickAsThieves “Respect for authority figures is a sign of maturity.”
06:26 ThickAsThieves “Men with good jobs dress smart and respectably.”
06:26 ThickAsThieves “Work hard for a good job and a good life. Retire young.”
06:26 ThickAsThieves “Don’t talk to strangers.”
06:26 ThickAsThieves “Life is about money. Money makes the world go round.”
06:26 ThickAsThieves I was told all of these sentences in my life. That learning to accept authority is an inevitable part of growing up. That my character is defined by how I look, not how I act. That my single purpose is to be a work-slave. To avoid interaction with random unknowns outside my circle. And that responsibility starts and stops with myself.
06:26 ThickAsThieves All of them are bad values.
06:27 mircea_popescu yeah uh totally i mean like bad and hang on
06:27 mircea_popescu i got a call.
06:35 assbot [MPEX] [S.MG] 2666 @ 0.00018 = 0.4799 BTC [-]
06:45 assbot [MPEX] [S.MPOE] 3935 @ 0.00081764 = 3.2174 BTC [-]
~ 17 minutes ~
07:03 assbot [MPEX] [S.MPOE] 2749 @ 0.00081473 = 2.2397 BTC [-] {2}
07:05 assbot [HAVELOCK] [NEOBEE] 400 @ 0.0025 = 1 BTC [+]
07:12 assbot [MPEX] [S.MG] 20000 @ 0.000165 = 3.3 BTC [-]
07:14 assbot [HAVELOCK] [SMG] 10000 @ 0.00015094 = 1.5094 BTC [-] {5}
07:16 assbot [MPEX] [S.MPOE] 1250 @ 0.00081353 = 1.0169 BTC [-]
~ 17 minutes ~
07:33 assbot [HAVELOCK] [AM100] 30 @ 0.00515 = 0.1545 BTC [-] {2}
07:40 pankkake it would be cool to have by-address stats on bitbet, for example to be able to see how much was won compared to how much was wagered
07:42 assbot [MPEX] [S.MPOE] 3397 @ 0.00081472 = 2.7676 BTC [+] {2}
07:55 assbot [HAVELOCK] [NEOBEE] 101 @ 0.0025 = 0.2525 BTC [+]
08:00 assbot [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC to 1`386`966 shares, 50 satoshi per share
08:11 assbot [MPEX] [S.MPOE] 6200 @ 0.00082025 = 5.0856 BTC [+]
08:24 assbot [HAVELOCK] [DEALCO] 100 @ 0.0069999 = 0.7 BTC [+]
08:25 skinnkavaj pankkake
08:25 skinnkavaj about 766.com exchange
08:25 skinnkavaj What is the price to own 1% of the exchange? I am too hungover to calculate myself.
08:25 skinnkavaj If the price for the whole exchange is 500-2000 BTC I would buy. If higher, too big risk and too easy to fail.
08:25 skinnkavaj Look at Digitalcoins CryptoAve share auction, I bought 1% for 5BTC and the exchange is then valued 500BTC, a much undervalued price.
08:25 skinnkavaj http://www.reddit.com/r/BitcoinStocks/comments/1ooemf/has_anyone_invested_in_796com/
08:25 assbot 123!
~ 16 minutes ~
08:42 b0n1 just-dice.com down?
08:46 assbot [MPEX] [S.MPOE] 4550 @ 0.00082025 = 3.7321 BTC [+]
~ 15 minutes ~
09:02 assbot [MPEX] [S.MPOE] 1231 @ 0.00081779 = 1.0067 BTC [-]
09:13 TomServo !jd
09:13 assbot Just-Dice stat: 4947 BTC profit, 61.7k BTC invested, 186.74 mio bets, 4.19 mio BTC wagered
09:16 assbot [MPEX] [S.MPOE] 3820 @ 0.00082025 = 3.1334 BTC [+]
09:20 assbot [HAVELOCK] [VTX] 2 @ 0.367 = 0.734 BTC [+]
09:32 assbot [MPEX] [S.MPOE] 972 @ 0.00081779 = 0.7949 BTC [-]
09:33 assbot [MPEX] [S.MPOE] 6328 @ 0.00081404 = 5.1512 BTC [-] {3}
~ 26 minutes ~
09:59 assbot [MPEX] [S.MPOE] 5950 @ 0.00082025 = 4.8805 BTC [+]
09:59 assbot [HAVELOCK] [HIM] 2 @ 0.069 = 0.138 BTC [+]
09:59 assbot [HAVELOCK] [LABCO] [PAID] 0.04958868 BTC to 40`316 shares, 123 satoshi per share
10:05 assbot [HAVELOCK] [CFIG] 1 @ 0.144 BTC [+]
10:16 assbot [HAVELOCK] [AM100] 49 @ 0.00517 = 0.2533 BTC [-]
10:21 assbot [HAVELOCK] [AM1] 1 @ 0.59 BTC [+]
~ 17 minutes ~
10:38 Bunnyh https://just-dice.com/roll/184417807 this is an interesting bet on JD
10:38 Bunnyh is that 1% house edge?
10:51 assbot [MPEX] [S.MPOE] 1200 @ 0.00081947 = 0.9834 BTC [-]
11:04 KRS-1 wow i'd throw $10K on that too
11:10 assbot [HAVELOCK] [AM100] 48 @ 0.00516509 = 0.2479 BTC [-]
11:12 assbot [HAVELOCK] [AM100] 31 @ 0.00516002 = 0.16 BTC [-]
11:15 assbot [HAVELOCK] [AM1] 2 @ 0.57149 = 1.143 BTC [-] {2}
11:16 assbot [HAVELOCK] [AM100] 20 @ 0.00515375 = 0.1031 BTC [-] {3}
11:20 assbot [HAVELOCK] [NEOBEE] 168 @ 0.0025 = 0.42 BTC [+]
11:23 assbot [MPEX] [S.MPOE] 6800 @ 0.00081824 = 5.564 BTC [-] {2}
~ 18 minutes ~
11:41 benkay a whole ten shitbucks ;)
11:47 assbot [MPEX] [S.MPOE] 7100 @ 0.00081528 = 5.7885 BTC [-]
11:54 mike_c yeah it's 1%. odds of winning = (1 - .010099). payout is paying as if odds were ( 1 / 1.00010102).
11:54 assbot [HAVELOCK] [B] [XBOND] 100 @ 0.00120001 = 0.12 BTC [-]
11:54 mike_c ;;calc (1 - 0.010099) - ( 1 / 1.00010102)
11:54 gribble -0.00999799020401
11:55 mike_c 1% all day
11:55 assbot [HAVELOCK] [B] [XBOND] 100 @ 0.00120001 = 0.12 BTC [-]
11:58 assbot [HAVELOCK] [B] [XBOND] 1523 @ 0.00118303 = 1.8018 BTC [-] {7}
12:10 assbot [MPEX] [S.MPOE] 3400 @ 0.00081636 = 2.7756 BTC [+]
12:15 jurov ;;bc,conver eur
12:15 gribble Error: "bc,conver" is not a valid command.
12:15 jurov ;;bc,convert eur
12:15 gribble 1 BTC = 163.80100 U.S. dollars = 119.632632 Euros
12:17 assbot [HAVELOCK] [AM100] 75 @ 0.00515 = 0.3863 BTC [-]
12:20 assbot [HAVELOCK] [AM1] 1 @ 0.6195 BTC [+]
12:26 assbot [MPEX] [S.MPOE] 3729 @ 0.00082041 = 3.0593 BTC [+] {2}
12:27 assbot [MPEX] [S.MPOE] 8471 @ 0.00082151 = 6.959 BTC [+] {4}
~ 31 minutes ~
12:58 assbot [MPEX] [S.MPOE] 4218 @ 0.00082469 = 3.4785 BTC [+]
~ 32 minutes ~
13:31 assbot [MPEX] [S.MPOE] 582 @ 0.0008249 = 0.4801 BTC [+]
13:43 kakobrekla https://www.schneier.com/blog/archives/2013/10/d-link_router_b.html
13:43 ozbot Schneier on Security: D-Link Router Backdoor
13:45 kakobrekla speaking of contact poison.
13:50 pankkake related: http://esr.ibiblio.org/?p=4441
13:52 kakobrekla nice
13:53 pankkake http://www.codinghorror.com/blog/2013/10/you-dont-need-millions-of-dollars.html
13:53 ozbot Coding Horror: You Don't Need Millions of Dollars
13:55 daybyter but some millions can't hurt anyway...
13:55 assbot [HAVELOCK] [AM100] 372 @ 0.00516509 = 1.9214 BTC [+]
13:55 pankkake actually overfunded projects have a tendency to turn into shit
13:57 pankkake http://www.geekosystem.com/kickstarter-board-game-failure/
13:57 assbot [HAVELOCK] [VTX] 1 @ 0.367 BTC [+]
13:59 daybyter Is there a statistic, how many underfunded projects fail?
14:01 pankkake there are many great movies that were on a very tight budget, or examples of sequels with way bigger budgets that were crap
14:02 kakobrekla but sequels suck irrelevant of budget usually
14:02 jurov well, several years of 80-hours work week *are* worth millions
14:03 kakobrekla depends, sweeping the floor? not rly
14:04 jurov ofc, i'm relating to this:"His devotion to the machine borders on fanatical; he regularly worked 80 hour weeks and he'd take "vacations" where it was just him and a computer alone in a hotel room for a whole week – just for fun, to relax."
14:13 assbot [MPEX] [S.MPOE] 5000 @ 0.00081848 = 4.0924 BTC [-]
14:17 ThickAsThieves hey jurov
14:17 ThickAsThieves pm plz
14:24 assbot [HAVELOCK] [DEALCO] 80 @ 0.00699989 = 0.56 BTC [-] {2}
14:24 assbot [HAVELOCK] [CFIG] 1 @ 0.144 BTC [+]
14:24 assbot [HAVELOCK] [VTX] 1 @ 0.367 BTC [+]
14:25 assbot [HAVELOCK] [CFIG] 1 @ 0.144 BTC [+]
14:28 assbot [HAVELOCK] [LABCO] 170 @ 0.0006 = 0.102 BTC [-]
14:29 assbot [HAVELOCK] [HIM] 4 @ 0.069 = 0.276 BTC [+] {2}
14:30 assbot [HAVELOCK] [AM1] 1 @ 0.61 BTC [-]
14:44 dexX7 ThickAsThieves: are you in trouble?
14:44 assbot [HAVELOCK] [LABCO] 317 @ 0.00057781 = 0.1832 BTC [-] {4}
14:54 jurov dexX7: no, normal stuff
14:54 dexX7 thanks! :)
14:55 assbot [MPEX] [S.MPOE] 1990 @ 0.00081962 = 1.631 BTC [+] {2}
14:58 assbot [MPEX] [S.MPOE] 2400 @ 0.00081832 = 1.964 BTC [-]
15:08 KRS-1 looks like baidu jumped on bitcoin
15:10 assbot [HAVELOCK] [LABCO] 500 @ 0.0005777 = 0.2889 BTC [-]
15:13 assbot [HAVELOCK] [LABCO] 205 @ 0.00057031 = 0.1169 BTC [-] {4}
15:17 assbot [MPEX] [S.MPOE] 4650 @ 0.00081832 = 3.8052 BTC [-]
15:24 assbot [MPEX] [S.MPOE] 4396 @ 0.00082109 = 3.6095 BTC [+] {2}
15:30 assbot [HAVELOCK] [LABCO] 300 @ 0.0005005 = 0.1502 BTC [-]
~ 31 minutes ~
16:01 assbot [MPEX] [S.MPOE] 3582 @ 0.00082142 = 2.9423 BTC [+]
~ 20 minutes ~
16:22 assbot [MPEX] [S.MPOE] 14043 @ 0.00082527 = 11.5893 BTC [+] {2}
16:26 mike_c ;;nethash
16:26 gribble 2421134.87775
16:27 mike_c you'd think with all that power my tx would be confirmed by now.
16:28 assbot [HAVELOCK] [CBTC] 6203 @ 0.00017994 = 1.1162 BTC [-] {2}
16:31 Namworld Hashing power doesn't speed up confirms.
16:31 Namworld So... no
16:31 mike_c well, for a couple weeks it does
16:31 Namworld Less than 2 weeks usually.
16:32 pankkake ;;bc,stats
16:32 gribble Current Blocks: 264500 | Current Difficulty: 2.677312494824211E8 | Next Difficulty At Block: 266111 | Next Difficulty In: 1611 blocks | Next Difficulty In About: 1 week, 1 day, 21 hours, 36 minutes, and 47 seconds | Next Difficulty Estimate: 322895975.073 | Estimated Percent Change: 20.60452
16:32 pankkake 20% already!
16:32 assbot [MPEX] [S.MPOE] 4650 @ 0.00083149 = 3.8664 BTC [+]
16:35 dexX7 gox has a new 6 month high!
16:36 Namworld SELL SELL SELL
16:37 Namworld 6 month high...
16:37 Namworld ... nah
16:38 dexX7 end of april was 166.43
16:49 assbot [MPEX] [S.MPOE] 7799 @ 0.000839 = 6.5434 BTC [+]
16:54 assbot [MPEX] [S.MPOE] 166 @ 0.000839 = 0.1393 BTC [+]
17:03 assbot [HAVELOCK] [CBTC] 1110 @ 0.00017994 = 0.1997 BTC [-]
~ 20 minutes ~
17:24 assbot [HAVELOCK] [AM100] 35 @ 0.0053 = 0.1855 BTC [-]
17:26 assbot [HAVELOCK] [B] [XBOND] 215 @ 0.00121669 = 0.2616 BTC [-] {2}
17:26 assbot [HAVELOCK] [AM1] 1 @ 0.628 BTC [+]
17:26 assbot [HAVELOCK] [NEOBEE] 100 @ 0.0025 = 0.25 BTC [+]
17:37 assbot [MPEX] [S.MPOE] 1000 @ 0.00089085 = 0.8909 BTC [+]
17:41 mike_c mircea_popescu: you around? got a question about option assignment.
17:46 assbot [MPEX] [S.MPOE] 725 @ 0.0009 = 0.6525 BTC [+]
~ 15 minutes ~
18:01 assbot [HAVELOCK] [AM100] 35 @ 0.0054 = 0.189 BTC [+]
18:14 jurov mike_c just ask, there are more people with mpoe experience
18:24 jurov http://www.reddit.com/r/Bitcoin/comments/1oqdoo/vault_of_satoshi_new_north_american_exchange_is/
18:24 ozbot Vault of Satoshi: New `North` American Exchange is finally open Gold... Everywhere! : Bitcoin
18:24 jurov "We've ditched the "Toronto Exchange" and totally went Global"
18:24 jurov totally
18:26 jurov first exchange with golden showers
18:26 jurov inb4 mircea_popescu: mpex was first
18:29 assbot [MPEX] [S.MPOE] 1500 @ 0.00089085 = 1.3363 BTC [-]
18:29 mike_c jurov: ok. it says on the faq that options will be assigned proportionally based on how many contracts you have created.
18:29 mike_c not how many you've created & sold.
18:29 mike_c that feels.. open to manipulation.
18:30 jurov *exercises* will be assigned
18:30 MTBmanTT very :\
18:30 mike_c right
18:30 mike_c so, jurov creates 10 contracts
18:30 mike_c for ITM calls.
18:31 mike_c then mike_c creates 10 contracts and immediately excercises.
18:31 mike_c 5 assigned to you and 5 to me? free money?
18:31 jurov no
18:31 mike_c well i would hope not, but i'm not seeing it
18:31 blastbob vault of satoshi.. verified and secured by godaddy..
18:31 jurov after you mkopt or split, you'll see in STAT an entry that you provided a collateral
18:31 blastbob not touching that site
18:32 jurov the record stays the same regardless what you do with the options
18:33 jurov in the end of month, all exercises are put together and subtracted from all provided collateral
18:33 jurov and rest returned.. and *this* is what get assigned to you
18:34 mike_c right, that seems to be the problem. sorry if i'm being slow here. i'll provide better example:
18:34 jurov so I pay for 10 exercises , you pay for 10 exercises and we both will get remaining part of our collaterals
18:35 jurov no matter what trades happened between
18:36 mike_c wait. these are american options, right? excercise any time?
18:36 jurov yes, but books are made only in the end of month
18:37 assbot [HAVELOCK] [DEALCO] 75 @ 0.00699989 = 0.525 BTC [-] {2}
18:37 mike_c ok.. let me pastebin an example here and hopefully you can tell me why i'm not getting free money.
18:37 mike_c and thanks for the assistance.
18:38 jurov well, it's kinda my business :)
18:40 jurov <mike_c> then mike_c creates 10 contracts and immediately excercises <<< you forget here that you have to put *more* than this into escrow
18:41 jurov and in the month you will get assigned your part of *all* exercises, so no free money
18:41 jurov *in the end of thwe month
18:45 assbot [HAVELOCK] [AM1] 1 @ 0.625 BTC [-]
18:46 mike_c ok.. so you are saying that excercising is no different from creating and immediately selling for just intrinsic value.
18:47 jurov as opposed to what?
18:48 mike_c creating 10 contracts + excercise = create 10 contracts and immediately sell to market bot which buys for intrinsic value only
18:48 mike_c say yes and i think i'll understand.
18:49 jurov yes it is the same, if anyone bought for this value. market bot usually buys for considerably less.
18:49 mike_c ok. bit different than what i'm used to. so when you make the option, you are on the hook for the rest of the month, and there is no way to get out of that obligation
18:50 mike_c i.e.: no way to get out of the trade
18:50 jurov true
18:50 mike_c got it. thanks again.
18:50 mike_c even if it is your job :)
18:52 jurov :)
18:52 mike_c excellent, agreed. except you can't mkopt :)
18:53 jurov i can, you just have to ask here or by email
18:55 jurov after creation you can trade/exercise them online without problem
18:55 mike_c yeah, but you are supposed to be the user-friendly mpex
18:55 mike_c shouldn't i be able to do that on the site?
18:55 mike_c er, to be clear, you ARE the user-friendly mpex.
18:56 mike_c but not for MKOPT
18:57 jurov yes, you should be able. but mpex interface scares me and there wasn't much demand, so it's not ready yet
18:57 mike_c hehe
18:58 mike_c i think that demand will follow user-friendly tools.
19:00 kakobrekla once you solve a problem, a demand to find a solution to that problem can only go down
19:01 mike_c i would say that the demand is already exhibited in volume at the other exchanges that are easier to use
19:01 mike_c and that demand could be redirected to mpex (through coinbr)
19:02 kakobrekla which exchanges is that exactly?
19:02 mike_c havelock, bitfunder. but this is the part where you say they don't have any volume?
19:04 mod6 whats scary about the interface?
19:05 kakobrekla i think its the lack of css
19:05 mike_c hey, you obviously agree. bitbet doesn't look like mpex for a reason.
19:05 mike_c b/c it's aimed at "consumers"
19:05 jurov mod6 i mean the interface from programmer's view
19:05 kakobrekla sarcasm doesnt translate well over irc
19:06 kakobrekla mike_c not that far apart either :)
19:08 Apocalyptic <kakobrekla> sarcasm doesnt translate well over irc // oh it des
19:08 Apocalyptic *does
19:08 mike_c i don't agree with you.. demand does not have to exist before the product.
19:08 mike_c the product can create demand.
19:09 mike_c or, rather, let's say that the demand is for gambling products for BTC.
19:09 mike_c and an easy-to-use option market fits the bill.
19:09 mod6 ah. i felt like it was pretty easy to interface with programatically
19:09 jurov mod6 let me walk through how easy it is
19:10 jurov 1. mpex happily accepts your order
19:10 mike_c and done :)
19:10 jurov 2. you call statjson, but no change
19:10 jurov 3. next statjson, only balances change
19:10 jurov 4. either your order appears or trades or both
19:11 jurov and some trades have tracking info of your order and some not
19:11 mike_c no no, discrepencies are resolved in sub-second time!
19:11 jurov so they have to me matched by time/price
19:12 jurov all this happens in seconds (and when mpex had a problem, even minutes) span
19:12 mod6 oh, hmm.
19:12 jurov so it's very easy for multiple orders to be mixed
19:12 mod6 i've never had that issue, but i'm not managing like 6900 peoples orders either.
19:12 jurov you see
19:13 mod6 actually, i think we've discussed this before. i've just forgotten.
19:14 kakobrekla do you do lot of manual fixing?
19:14 jurov not since tracking was introduced
19:15 kakobrekla cool
19:15 assbot [HAVELOCK] [LABCO] 2120 @ 0.00045462 = 0.9638 BTC [-] {5}
19:15 mike_c while we're on the topic.. shouldn't assbot report on excercises?
19:15 mike_c seems like useful information for the public at large.
19:16 assbot [HAVELOCK] [AM1] 1 @ 0.62899998 BTC [+]
19:16 kakobrekla im almost positivley sureish it does unless sub 0.1 btc vol or something
19:17 jurov orly? since when?
19:17 mike_c google doesn't seem to think so
19:17 mod6 i don't think it does report exercises, although it could be hard to tell... does the CBOE or others report that information? or does it just effect open interest?
19:17 mike_c https://www.google.com/search?q=site%3Alog.bitcoin-assets.com+excercise
19:17 kakobrekla since when what
19:18 mike_c well, that would be the only way to infer open interest
19:18 jurov since when assbot reports exercises
19:18 jurov afaik it did for BTC-TC only
19:18 jurov not mpex
19:18 kakobrekla ah right
19:18 kakobrekla you talking btc options
19:18 mod6 i've personally never seen it report any exercises.
19:19 jurov mod6 it reported them as trades with strange prices
19:19 kakobrekla well talk to mp to post it
19:19 mike_c post it.. in the recent trades?
19:19 mike_c like, the rss feed?
19:19 kakobrekla post it to me and ill chan it to assbot
19:20 mod6 i suppose it could be that assbot doesn't report sub .1 btc though. so that could be part of it.
19:20 kakobrekla mod6 #bitcoin-assets-trades does not have such filter
19:21 mod6 ahh. im in there, but don't watch it nearly as close as I used to.
19:22 assbot [HAVELOCK] [AM100] 100 @ 0.00546558 = 0.5466 BTC [+] {4}
19:22 mike_c ok, here's where i contribute instead of nag: jurov, i believe the mpex market bot does price its orders very close to intrinsic value.
19:22 mike_c http://mpex.co/?mpsic=O.USD.C140T
19:22 ozbot O.USD.C140T last 200@0.14768654
19:23 mike_c ;;calc 1- (140/153.7)
19:23 gribble 0.089134677944
19:23 mike_c buy price is almost exactly intrinsic value of the call
19:23 Apocalyptic mike_c, so no premium ?
19:23 mike_c i believe so
19:23 Apocalyptic weird way to price options
19:24 Apocalyptic unless you're close to expiration
19:25 mike_c well, not if you're a buyer and don't want to lose money :)
19:28 jurov hmmm... this means mpoe thinks it will be better off when they autoexercise
19:28 jurov interesting
19:28 mike_c keeps the algorithm simple for what to do with them after buying.
19:35 jurov afaik bot does nothing special with bought options... it just calculates its exposure, prices and if it looks okay, puts orders online
19:37 mike_c are you sure about that? because it seems like it would be easy for it to just have orders up at intrinsic value and just immediately excercise after buying them.
19:38 jurov since the bot is part of exchange i don't see who would profit from that
19:39 mike_c nobody profits from it anyway..
19:40 mike_c if i am holding an option, it does me no good to sell it to the bot at intrinsic value
19:40 mike_c i might as well just excercise
19:40 jurov perhaps it's just there so that you can check what the value is
19:44 jurov goodnight all
19:49 assbot [MPEX] [O] [O.USD.C125T] 8 @ 0.24 = 1.92 BTC [-]
19:49 assbot [MPEX] [O] [O.USD.C146T] 10 @ 0.13 = 1.3 BTC [-]
20:02 assbot [HAVELOCK] [AM100] 20 @ 0.00544499 = 0.1089 BTC [-]
20:12 bloctoc was that an mpex option I just saw?
20:12 mike_c yup
20:12 mike_c the market is heating up
~ 18 minutes ~
20:31 assbot [MPEX] [S.MPOE] 5246 @ 0.00088523 = 4.6439 BTC [-]
20:32 assbot [HAVELOCK] [AM100] 24 @ 0.00544499 = 0.1307 BTC [-]
20:42 assbot [MPEX] [S.MPOE] 5950 @ 0.00088641 = 5.2741 BTC [+] {2}
20:45 assbot [HAVELOCK] [AM100] 204 @ 0.00550175 = 1.1224 BTC [+] {4}
20:48 assbot [HAVELOCK] [AM100] 500 @ 0.0056437 = 2.8219 BTC [+] {5}
20:52 assbot [MPEX] [O] [O.USD.P146T] 8 @ 0.01731119 = 0.1385 BTC [-]
20:54 assbot [HAVELOCK] [AM1] 1 @ 0.635 BTC [+]
20:59 assbot [HAVELOCK] [AM1] 7 @ 0.63714285 = 4.46 BTC [+] {2}
21:09 jborkl https://bitcointalk.org/index.php?topic=304250.240
21:09 jborkl Now that is ghetto rigging that guy has
21:15 mike_c i can't decide if that is awesome or horrible.
21:16 assbot [MPEX] [S.MPOE] 5618 @ 0.000887 = 4.9832 BTC [+] {2}
21:18 jborkl A little of both
21:23 assbot [MPEX] [S.MPOE] 9000 @ 0.00088722 = 7.985 BTC [+]
21:29 assbot [HAVELOCK] [VTX] 2 @ 0.36000003 = 0.72 BTC [-]
21:29 assbot [MPEX] [S.MPOE] 3181 @ 0.00088722 = 2.8222 BTC [+]
21:31 assbot [HAVELOCK] [AM100] 53 @ 0.00565 = 0.2995 BTC [+]
21:32 _Neil ;;nethash
21:32 gribble 2505998.85313
21:32 _Neil http://bitbet.us/bet/530/btc-network-hashrate-will-exceed-2500-th-s-before/
21:32 _Neil Done
21:32 ozbot BitBet - BTC network hashrate will exceed 2500 TH/s before February
21:34 mircea_popescu http://www.youtube.com/watch?v=btvSE6tVHzQ
21:34 ozbot John Wayne on liberals - YouTube
21:35 mircea_popescu mike_c shoot.
21:43 mircea_popescu lol @john romero reference.
21:43 mircea_popescu didn't the guy bury ~20mn or so, in 1990 dollars ?
21:45 Namworld Whatever. US' left, US' right, they're both making the same thing, more or less. One party country as far as I'm concerned.
21:45 Namworld There's not much difference between democrats and republicans.
21:46 mircea_popescu <mike_c> i.e.: no way to get out of the trade << you can get out of it synthetically. buy the option.
21:48 mircea_popescu wait, there's options volume on teh golden showers now ?
21:48 mircea_popescu how long have i been away ?
21:49 Namworld Too long apparently
21:50 mircea_popescu lol
21:50 assbot [HAVELOCK] [VTX] 17 @ 0.36000003 = 6.12 BTC [-]
21:51 mircea_popescu "UPDATE: 7:30PM (EST) -- We broke 100 up votes... the shower continues!! I am getting CARPAL TUNNEL... THANKS!!"
21:51 mircea_popescu i hope someone somewhere is keeping track of all the reddirdation.
21:51 assbot [HAVELOCK] [VTX] 1 @ 0.36000003 BTC [-]
21:52 jborkl_ Who gets a golden shower?
21:58 mike_c mircea_popescu: not sure if you saw. what do you think about posting option excercises to kako for assbot
21:58 mircea_popescu the investors, generally.
21:59 mircea_popescu mike_c it's not customary to announce exercises.
22:00 mircea_popescu jurov http://nosuchlabs.com << check it out, your factorisartion dream comes true.
22:03 seaotter mmm
22:04 assbot [HAVELOCK] [AM100] 56 @ 0.00544543 = 0.3049 BTC [-] {2}
22:05 seaotter mircea_popescu: is that new or old, that url?
22:05 seaotter Keys Processed:
22:05 seaotter 5
22:05 asciilifeform seaotter: ~5 min. old.
22:06 mike_c you know, it is ok to have a <head> and <body>. we don't need to save 50 bytes over the wire anymore.
22:06 seaotter asciilifeform: source?
22:07 asciilifeform seaotter: source of what
22:07 seaotter or that url
22:07 asciilifeform seaotter: it's plain euclid, you can write the damn thing yourself
22:08 asciilifeform gcd(Mn, prod(M(0)...M(n-1))
22:10 seaotter sry, i have high levle of etanol in bl00d
22:10 seaotter at least
22:10 asciilifeform seaotter: sobriety not require here.
22:10 seaotter someone definitely plays on futureblock game
22:10 seaotter with hashrate
22:11 seaotter what is best source for hash rate value?
22:11 seaotter some live charts?
22:11 assbot [HAVELOCK] [AM1] 22 @ 0.67957272 = 14.9506 BTC [+] {3}
22:12 assbot [MPEX] [S.MPOE] 6300 @ 0.00088974 = 5.6054 BTC [+]
22:12 assbot [HAVELOCK] [AM1] 17 @ 0.71417646 = 12.141 BTC [+] {4}
22:19 assbot [HAVELOCK] [NEOBEE] 2570 @ 0.002195 = 5.6412 BTC [-] {4}
22:19 mircea_popescu seaotter try bitcoin.sipa.be
22:20 assbot [HAVELOCK] [NEOBEE] 2500 @ 0.00210928 = 5.2732 BTC [-] {11}
22:20 seaotter zoom is missing :/
22:21 assbot [HAVELOCK] [AM100] 69 @ 0.00565 = 0.3899 BTC [+]
22:22 assbot [HAVELOCK] [AM100] 711 @ 0.00576789 = 4.101 BTC [+] {7}
22:22 assbot [MPEX] [S.MPOE] 7217 @ 0.00088836 = 6.4113 BTC [-]
22:23 mike_c zoom is the scrollbar :)
22:24 assbot [HAVELOCK] [NEOBEE] 2500 @ 0.00199963 = 4.9991 BTC [-] {3}
22:26 assbot [HAVELOCK] [AM100] 358 @ 0.00612579 = 2.193 BTC [+] {7}
22:33 assbot [HAVELOCK] [VTX] 1 @ 0.36000003 BTC [-]
22:39 assbot [HAVELOCK] [AM100] 161 @ 0.00642968 = 1.0352 BTC [+] {2}
22:41 assbot [HAVELOCK] [AM100] 361 @ 0.00644107 = 2.3252 BTC [+] {3}
22:50 assbot [HAVELOCK] [VTX] 11 @ 0.36000003 = 3.96 BTC [-]
22:56 Namworld lol 796 exchange is contacting me to add my stocks to their platform.
22:56 assbot 123!
22:56 Namworld 796
22:56 assbot 123!
22:56 Namworld 146
22:56 Namworld ok, assbot reacts to 796 apparently
22:56 assbot 123!
22:58 Namworld Or simple as
22:58 Namworld Do re mi
22:58 Namworld ABC, one, two, three, baby, you and me girl!
~ 18 minutes ~
23:16 mircea_popescu http://trilema.com/2013/snsa-rsa-public-key-factorisation-webservice/
23:16 ozbot S.NSA - RSA public key factorisation webservice pe Trilema - Un blog de Mircea Popescu.
23:22 mircea_popescu and since i dug this up, dropping it here for the ssl fanclub : http://arstechnica.com/business/2011/09/new-javascript-hacking-tool-can-intercept-paypal-other-secure-sessions/
↖
23:23 assbot [HAVELOCK] [B] [XBOND] 967 @ 0.00121322 = 1.1732 BTC [-] {3}
23:24 assbot [HAVELOCK] [B] [XBOND] 838 @ 0.00121857 = 1.0212 BTC [+] {3}
23:24 assbot [HAVELOCK] [AM1] 8 @ 0.71899999 = 5.752 BTC [+] {2}
23:26 assbot [MPEX] [S.MPOE] 4703 @ 0.0008911 = 4.1908 BTC [+] {2}
~ 18 minutes ~
23:44 assbot [HAVELOCK] [NEOBEE] 10000 @ 0.00151373 = 15.1373 BTC [-] {5}
23:45 assbot [HAVELOCK] [NEOBEE] 276 @ 0.00150001 = 0.414 BTC [-]
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