Author Topic: Confused about the 7.8-9.5 BTC/USD bubble? Answers here. #bitcoin 2012-07-17  (Read 2525 times)

Offline maplesyrupghost

Quote from: #bitcoin@freenode (IRC) 2012-07-17 partial log
[2012-07-17 04:00:53] <ErebusBat> RED RED RED RED
[2012-07-17 04:01:07] <Jackmaninov> blackhawk down!
[2012-07-17 04:01:17] <EmanuelDeOrtego> HAHAHAHAHAHAHA
[2012-07-17 04:01:40] <dub> lol
[2012-07-17 04:02:03] <dub> ;;ticker
[2012-07-17 04:02:04] <gribble> Best bid: 9.27249, Best ask: 9.33662, Bid-ask spread: 0.06413, Last trade: 9.33663, 24 hour volume: 136738, 24 hour low: 7.63323, 24 hour high: 9.49
[2012-07-17 04:02:04] <Jackmaninov> how low can  you go? how low can you go?
[2012-07-17 04:02:11] <dub> $6
[2012-07-17 04:02:41] <dub> heh some confused bots right there
[2012-07-17 04:02:53] <Jackmaninov> botfight!
[2012-07-17 04:02:55] <Lepton> damn...looks like shits already going down

[2012-07-17 04:02:56] <EmanuelDeOrtego> PIRATE
[2012-07-17 04:02:58] <sabari> lol
[2012-07-17 04:02:59] <EmanuelDeOrtego> WHY
[2012-07-17 04:03:01] <EmanuelDeOrtego> WHY
[2012-07-17 04:03:05] <EmanuelDeOrtego> WOULD YOU DO THIS
[2012-07-17 04:03:06] <sabari> did anyone see it go back to 8.75 just now
[2012-07-17 04:03:08] <EmanuelDeOrtego> HAHAHAHA
[2012-07-17 04:03:12] <EmanuelDeOrtego> OH FUCK
[2012-07-17 04:03:14] <EmanuelDeOrtego> ITS BACK UP
[2012-07-17 04:03:16] <EmanuelDeOrtego> ITS IMMORTAL
[2012-07-17 04:03:22] <EmanuelDeOrtego> WE ARE SEEING GOD
[2012-07-17 04:03:24] <eldentyrell> below 8.0!
[2012-07-17 04:03:31] <eldentyrell> mtgox is haywire

[2012-07-17 04:03:33] <dub> draw a cock and balls in the chart
[2012-07-17 04:03:33] <eldentyrell> wtf
[2012-07-17 04:03:36] <Lepton> I wish I had capital right now to take advantage of the reckless bulls
[2012-07-17 04:03:38] <t3a> BUY WALL GONE
[2012-07-17 04:03:45] <t3a> PREPARE FOR DUMPING PROCESS
[2012-07-17 04:03:48] <sabari> SELL SELL SELL

[2012-07-17 04:03:49] <t3a> !ticker
[2012-07-17 04:03:50] <gribble> Best bid: 8.58008, Best ask: 8.65, Bid-ask spread: 0.06992, Last trade: 9.263, 24 hour volume: 156806, 24 hour low: 7.63323, 24 hour high: 9.49
[2012-07-17 04:03:51] <EmanuelDeOrtego> HAHAHAHAHAHAHAHAH
[2012-07-17 04:03:56] <jcpham> YIKES
[2012-07-17 04:03:56] <EmanuelDeOrtego> THIS IS INCREDIBLE

[2012-07-17 04:03:57] <t3a> DID I CALL THIS?
[2012-07-17 04:04:05] <eldentyrell> this must be gox executing orders as deposits come in
[2012-07-17 04:04:05] <dub> EmanuelDeOrtego: this is bitcoin
[2012-07-17 04:04:08] <sabari> ;;asks 9
[2012-07-17 04:04:08] <Lepton> LOL shits going down already\
[2012-07-17 04:04:10] <gribble> There are currently 198.10909 bitcoins offered at or under 9.0 USD, worth 1782.9818496 USD in total.

[2012-07-17 04:04:14] <Lepton> poor EmanuelDeOrtego
[2012-07-17 04:04:18] <eldentyrell> you can place an order to sell coins you don't have, and it executes as soon as the funds arrive
[2012-07-17 04:04:22] <Lepton> he shoulda listented to me
[2012-07-17 04:04:29] <EmanuelDeOrtego> Nope.
[2012-07-17 04:04:31] <EmanuelDeOrtego> I regret nothing
[2012-07-17 04:04:40] <EmanuelDeOrtego> My coins are staying right where they are.
[2012-07-17 04:05:51] <t3a> I feel bad for the people buying bitcoins for legitemate purposes right now. Someone just bought for $9.26 when there is a buy/ask difference of $0.50

[2012-07-17 04:06:45] <gribble> Best bid: 8.05144, Best ask: 8.563, Bid-ask spread: 0.51156, Last trade: 8.563, 24 hour volume: 167413, 24 hour low: 7.63323, 24 hour high: 9.49
[2012-07-17 04:07:07] <zab_> he's pissing off some powerful people who are not in this channel but keep an eye on everything
[2012-07-17 04:07:17] <Lepton> I feel for the overeager bulls who will stick to their bitcoins untill 6.0
[2012-07-17 04:07:37] <zab_> yawn
[2012-07-17 04:07:40] <Shocky1> it's going back up.
[2012-07-17 04:07:48] <zab_> we see this shit in the real markets all the time

[2012-07-17 04:08:38] <EmanuelDeOrtego> ;;ticker
[2012-07-17 04:08:39] <gribble> Best bid: 7.9879, Best ask: 8, Bid-ask spread: 0.0121, Last trade: 8, 24 hour volume: 173281, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:08:40] <sabari> Shocky1: what kind of slow chart are you watching?

[2012-07-17 04:08:49] <Shocky1> mtgox's chart?
[2012-07-17 04:08:50] <zab_> it would be hilarious if the matching engine at mtgox got overloaded
[2012-07-17 04:08:53] <Lepton> woah its dying
[2012-07-17 04:09:02] <sabari> websocket is kaput

[2012-07-17 04:09:16] <gmaxwell> man that was an easy $100.
[2012-07-17 04:09:18] <t3a> Oh look, an ask wall
[2012-07-17 04:09:22] <Lepton> well, gratz to people who cash in on the saudi prince
[2012-07-17 04:09:29] <Shocky1> it's gonna reach $12 tomorrow
[2012-07-17 04:09:32] <Lepton> gj maxwell

[2012-07-17 04:09:43] <t3a> now the guy who just bought all of those bitcoins is bringing the price down
[2012-07-17 04:09:51] <t3a> so he can sell them for a good profit
[2012-07-17 04:09:58] <Lepton> lol
[2012-07-17 04:10:12] <sabari> 9346 ask wall at 8.0
[2012-07-17 04:10:15] <Jackmaninov> love me some negative profit
[2012-07-17 04:10:17] <dub> got wall

[2012-07-17 04:11:02] <Lepton> fucking sucks I didnt have any balance on mtgox
[2012-07-17 04:11:11] <Lepton> I couldve made a ton
[2012-07-17 04:11:14] <Shocky1> same, wish I had money..

[2012-07-17 04:11:18] <Diablo-D3> !ticker
[2012-07-17 04:11:19] <gribble> Best bid: 7.96, Best ask: 7.97979, Bid-ask spread: 0.01979, Last trade: 7.97979, 24 hour volume: 173617, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:11:22] <Diablo-D3> ahahaha it crashed

[2012-07-17 04:11:50] <Lepton> and eveyone who called me dumb when I told them to sell at 9.3
[2012-07-17 04:11:52] <sabari> 19:09 < gmaxwell> man that was an easy $100. <- i told you to charge more
[2012-07-17 04:11:56] <Jackmaninov> well thanks for the show pirateat40, but i've got some work to do now
[2012-07-17 04:12:09] <CoJaBo> lol, did everyone mass-sell yet? xD

[2012-07-17 04:12:27] <zab_> he's playing with himself
[2012-07-17 04:12:41] <zab_> clearing the book in both directions... boring
[2012-07-17 04:13:07] <zab_> but we should thank him for helping the mtgox developers discover any bugs with their platform
[2012-07-17 04:13:57] <IRCFrEAK> like that their websocket can't handle the load? they need to make a read only websocket repeater
[2012-07-17 04:14:16] <zab_> there are many things they can do

[2012-07-17 04:14:17] <Blitzboom> i heard kim dotcom is selling bitcoins
[2012-07-17 04:14:35] <dub> haha

[2012-07-17 04:14:35] <sabari> 16k ask wall at 8.0
[2012-07-17 04:14:38] <sabari> anyone seeing this?
[2012-07-17 04:14:43] <fridge> yeah
[2012-07-17 04:14:46] <fridge> crazy
[2012-07-17 04:14:51] <jcpham> back to business sabari

[2012-07-17 04:15:18] <t3a> !ticker
[2012-07-17 04:15:19] <gribble> Best bid: 7.966, Best ask: 7.988, Bid-ask spread: 0.022, Last trade: 7.96599, 24 hour volume: 177106, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:15:21] <osmosis> er... btccharts.com
[2012-07-17 04:15:22] <dub> almost looks like and inverted cock and balls
[2012-07-17 04:15:23] <Lepton> is bitcointalk down? lool

[2012-07-17 04:16:34] <sabari> this one looks nice: https://ferroh.com/charts/10day_small.png
[2012-07-17 04:16:54] <Lepton> osmosis, do they only have order volume charts?
[2012-07-17 04:18:51] <EmanuelDeOrtego> ;;ticker

[2012-07-17 04:18:51] <gribble> Best bid: 7.999, Best ask: 8, Bid-ask spread: 0.001, Last trade: 8, 24 hour volume: 178964, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:19:06] <EmanuelDeOrtego> Okay, I'll admit my heart sunk during that crash.
[2012-07-17 04:19:15] <EmanuelDeOrtego> I almost went into a panic attack
[2012-07-17 04:19:20] <EmanuelDeOrtego> but uh
[2012-07-17 04:19:26] <EmanuelDeOrtego> Everything is better
[2012-07-17 04:19:28] <EmanuelDeOrtego> than expected

[2012-07-17 04:19:35] <CoJaBo> sabari: Not really illegal to just talk about it; but its not permited on freenode either way.
[2012-07-17 04:19:39] <andytoshi> sabari: the rules are not to talk about illegal activity
[2012-07-17 04:19:44] <andytoshi> is my understanding
[2012-07-17 04:19:47] <CoJaBo> ^^

[2012-07-17 04:19:56] <LightRider> Just think. Only 24 hours ago the price was 7.70. Now it's crashed all the way down to 8.
[2012-07-17 04:20:18] <t3a> EmanuelDeOrtego, there is a $100k sell wall, I wouldn't say it is over yet
[2012-07-17 04:20:35] <EmanuelDeOrtego> t3a: Yeah now I am depressed.
[2012-07-17 04:20:37] <CoJaBo> Joric: XD

[2012-07-17 04:20:44] <t3a> but upon the sell walls disappearance, the price will probably skyrocket
[2012-07-17 04:21:15] <t3a> the only question is how low the sell wall will bring the price
[2012-07-17 04:21:27] <gdoteof> party in here?


[2012-07-17 04:22:04] <EmanuelDeOrtego> ;;ticker
[2012-07-17 04:22:04] <gribble> Best bid: 7.97, Best ask: 8, Bid-ask spread: 0.03, Last trade: 7.999, 24 hour volume: 179637, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:22:14] <EmanuelDeOrtego> OKAY
[2012-07-17 04:22:15] <Lepton> sabari, why do you assume american
[2012-07-17 04:22:19] <EmanuelDeOrtego> WHO WAS THE MORON
[2012-07-17 04:22:22] <EmanuelDeOrtego> THE SAID THE PRICE
[2012-07-17 04:22:25] <sabari> Lepton: did I?
[2012-07-17 04:22:25] <EmanuelDeOrtego> WAS 4.60
[2012-07-17 04:22:34] <EmanuelDeOrtego> I ALMOST SHAT MYSELF


[2012-07-17 04:23:30] <Lepton> !ticker
[2012-07-17 04:23:31] <gribble> Best bid: 7.99901, Best ask: 7.99903, Bid-ask spread: 2.00000000001e-05, Last trade: 7.99902, 24 hour volume: 180201, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:23:33] <sabari> Lepton: paste where i said this
[2012-07-17 04:23:38] <Lepton> back to normal
[2012-07-17 04:23:39] <EmanuelDeOrtego> lol Gigamining crashed as well
[2012-07-17 04:23:50] <Lepton> it will probly stay stable now
[2012-07-17 04:23:56] <Lepton> might go down to 7.7
[2012-07-17 04:24:12] <Lepton> i hope everyone thanks our beloved saudi prince

[2012-07-17 04:24:15] <gdoteof> what caused the mini-bubble?
[2012-07-17 04:24:22] <sabari> ;;bc,price
[2012-07-17 04:24:24] <NxTitle> some guy with lots of money
[2012-07-17 04:24:24] <gribble> Next Price Estimate: 9.576012 | Next Price In About 2 days, 17 hours, 16 minutes, and 24 seconds
[2012-07-17 04:24:28] <gdoteof> just one big buy?
[2012-07-17 04:24:34] <Lepton> gdoteof, saudi prince buying some coins
[2012-07-17 04:24:38] <CoJaBo> lol
[2012-07-17 04:24:39] <sabari> i'll cya guys in 2 days and 17 hours
[2012-07-17 04:24:50] <Lepton> he bought in 2-3 orders
[2012-07-17 04:24:52] <gdoteof> someone who cuoldn't be bothered to buy slowly
[2012-07-17 04:24:56] <t3a> What is all of this talk about a saudi prince buying coins?
[2012-07-17 04:25:33] <Lepton> t3a, its just my way to say one rich guy bought all these coins
[2012-07-17 04:25:37] <dfNull> kimdotcom legal defense fund now secured...thanks btc!

[2012-07-17 04:25:46] <EmanuelDeOrtego> ba dum tish
[2012-07-17 04:25:46] <Lepton> maybe not an actually prince huehue
[2012-07-17 04:25:48] <sabari> the president of the united states is going to make a speech in favor of bitcoins?
[2012-07-17 04:25:52] <sabari> wtf???
[2012-07-17 04:25:57] <Lepton> haha

[2012-07-17 04:27:57] <pirateat40> justinm001, if i didn't do it... one of the other players would have.
[2012-07-17 04:28:00] <dfNull> Is it still the case that only gox charges some of the txn fee in btc? always thought that said good things about their long term commitment to btc...not so much with some of the other exchgs
[2012-07-17 04:28:37] <EmanuelDeOrtego> Mt. Gox has just made massive profit
[2012-07-17 04:28:40] <EmanuelDeOrtego> Thus
[2012-07-17 04:28:47] <EmanuelDeOrtego> The Bitcoin economy generated wealth
[2012-07-17 04:29:05] <t3a> Did it?
[2012-07-17 04:29:06] <CoJaBo> COINCEPTION
[2012-07-17 04:29:12] <justinm001> whatd ya do ?

[2012-07-17 04:29:50] <dfNull> made 5%, and 2.9% x2 in arbitrage in the last hour
[2012-07-17 04:29:52] <Blitzboom> hahahahahahahaahahahahahahahaha
[2012-07-17 04:29:56] <Joric> classic
[2012-07-17 04:29:57] <Blitzboom> kim dotcom is laughing at you
[2012-07-17 04:30:36] <pirateat40> lol


[2012-07-17 04:31:21] <t3a> so, just to be clear; it was pirateat40 that caused the crash correct?
[2012-07-17 04:31:36] <EmanuelDeOrtego> Probably
[2012-07-17 04:31:45] <Lepton> anyone here sold at 9.49?
[2012-07-17 04:31:49] <pirateat40> t3a, i take full responsibility.
[2012-07-17 04:31:50] <Lepton> if so good job son
[2012-07-17 04:31:51] <IRCFrEAK> yea, for sure, the proof is that umm....
[2012-07-17 04:32:00] <sabari> i sold at like $9.02
[2012-07-17 04:32:01] <Joric> did pirateat40 just lol? personally i'm crying at current price

[2012-07-17 04:32:04] <EmanuelDeOrtego> He was tired of the idea of paying interest on $10 coins
[2012-07-17 04:32:08] <agro_> btc forum down, what did i miss?
[2012-07-17 04:32:26] <pirateat40> i think i might have taken down the forums too
[2012-07-17 04:32:29] <pirateat40> :(

[2012-07-17 04:32:33] <gmaxwell> Lepton: almost, " BTC at $9.48900"
[2012-07-17 04:32:49] <Lepton> nice job gmaxwell
[2012-07-17 04:32:49] <ErebusBat> pirateat40 apparently many peoplf are freaking
[2012-07-17 04:32:55] <Lepton> what made you sell at that moment?
[2012-07-17 04:32:56] <justinm001> hold on

[2012-07-17 04:32:58] <justinm001> what happened :P ?
[2012-07-17 04:33:01] <Lepton> is this when volume dropepd?
[2012-07-17 04:33:02] <justinm001> the $9 ?
[2012-07-17 04:33:11] <Blitzboom> pirateat40: that was kim dotcom

[2012-07-17 04:33:16] <Joric> someone on forums deanonymized the manipulator thus forums were shut down
[2012-07-17 04:33:25] <pirateat40> ErebusBat, this is the reason i don't run my core business through mtgox. :(

[2012-07-17 04:33:27] <agro_> is that so
[2012-07-17 04:33:41] <t3a> This buy wall isn't moving, sell your coins now and buy when it disappears
[2012-07-17 04:33:50] <ErebusBat> pirateat40 why this move?  Need more capital?
[2012-07-17 04:33:51] <t3a> and the price is around 6.50
[2012-07-17 04:33:55] <Blitzboom> t3a: lol
[2012-07-17 04:34:23] <t3a> Blitzboom, my predictions are 1/1 tonight, I'm kindof on a streak
[2012-07-17 04:34:30] <Joric> let's try it again
[2012-07-17 04:34:36] <Karmaon> bitcointalk.org down?

[2012-07-17 04:34:37] <gmaxwell> Lepton: thats what the machine learning said. ::shrugs:: I dunno. I don't trade, I think it's silly.  But I figured it would be fun to try being the daily high. Didn't quite make it. :(
[2012-07-17 04:34:37] <EmanuelDeOrtego> https://glbse.com/asset/view/USD

[2012-07-17 04:34:46] <pirateat40> ErebusBat, this was kind of like a training simulation.
[2012-07-17 04:35:05] <pirateat40> ErebusBat, it will all make sense soon enough.

[2012-07-17 04:35:53] <EmanuelDeOrtego> He was simply testing the strength of Bitcoin
[2012-07-17 04:36:06] <EmanuelDeOrtego> pirateat40: You are better than Bitcoin Magazine.
[2012-07-17 04:36:29] <ErebusBat> pirateat40 ya don't do the MNW, but an actual book, like Kingpin… that wouldbe awesome
[2012-07-17 04:36:45] <pirateat40> EmanuelDeOrtego, i don't think Im better than anyone... anyone with what I figured out would do the same thing.
[2012-07-17 04:36:45] <ErebusBat> if they ever make a movie then I think that gilber godfrey should play Vandroiy
[2012-07-17 04:37:14] <EmanuelDeOrtego> Modesty of a man sobered by his own power.
[2012-07-17 04:37:30] <Azelphur> hehe

[2012-07-17 04:38:03] <justinm001> so the price went to $9 and ppl on the forums went crazy
[2012-07-17 04:38:05] <justinm001> is the jist of it ?
[2012-07-17 04:38:12]  * justinm001 is on conf call.. so hard to pay attention :P
[2012-07-17 04:38:16] <symaxian> Is there money to be had from leveraging price differences between markets?
[2012-07-17 04:38:19] <EmanuelDeOrtego> pirateat40 just crashed the market.
[2012-07-17 04:38:26] <galambo_> pirateat40: what did you figure out? bitcoin investors are stupid?
[2012-07-17 04:38:29] <EmanuelDeOrtego> and then claims he isn't better than anyone.

[2012-07-17 04:38:30] <justinm001> !ticker
[2012-07-17 04:38:31] <gribble> Best bid: 7.98004, Best ask: 7.99, Bid-ask spread: 0.00996, Last trade: 8, 24 hour volume: 183931, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:38:40] <justinm001> how is it crashed ?
[2012-07-17 04:38:42] <agro_> are you just saying that
[2012-07-17 04:38:47] <agro_> or did pirate say
[2012-07-17 04:38:53] <agro_> he caused "crash"
[2012-07-17 04:39:05] <EmanuelDeOrtego> He probably did
[2012-07-17 04:39:06] <t3a> EmanuelDeOrtego, the ask price for USD would require bitcoins to go down to 7 again for someone to make a profit
[2012-07-17 04:39:09] <agro_> when its going exponential, ofc there will be volatility
[2012-07-17 04:39:10] <justinm001> where is the crash ?

[2012-07-17 04:39:12] <quintopia> if he did do that, he should do it again
[2012-07-17 04:39:14] <sgravina> hello, this is my first ever irc message, (maybe, I old and have done a lot that I've forgotten), came here because I just made and lost 1000s on bit coins, was curious why.
[2012-07-17 04:39:17] <justinm001> the price is still $8 ya ?

[2012-07-17 04:39:19] <pirateat40> EmanuelDeOrtego, crashed is != corrected.
[2012-07-17 04:39:29] <EmanuelDeOrtego> Genius man
[2012-07-17 04:39:33] <Azelphur> pirateat40: haha, how much did you sell to move the market that much?
[2012-07-17 04:39:36] <EmanuelDeOrtego> He is the hero Bitcoin deserves.
[2012-07-17 04:39:43] <zab_> cornered != corrected
[2012-07-17 04:40:03] <agro_> anybody else seen SR gawker article?
[2012-07-17 04:40:07] <EmanuelDeOrtego> but was he the hero Bitcoin needed right now?
[2012-07-17 04:40:14] <agro_> i would post it on press thread, but forum is ofc down
[2012-07-17 04:40:24] <quintopia> agro_: the super old one?
[2012-07-17 04:40:27] <EmanuelDeOrtego> Could of Bitcoin hit $30 without his intervention?
[2012-07-17 04:40:28] <agro_> no, today
[2012-07-17 04:40:30] <t3a> agro_, isn't that kindof old?
[2012-07-17 04:40:31] <agro_> front page
[2012-07-17 04:40:33] <EmanuelDeOrtego> Would it of stayed there?
[2012-07-17 04:40:37] <EmanuelDeOrtego> We will never know.
[2012-07-17 04:40:43] <Blitzboom> stfu atlas

[2012-07-17 04:41:10] <EmanuelDeOrtego> !ticker
[2012-07-17 04:41:15] <EmanuelDeOrtego> Bloody bot
[2012-07-17 04:41:32] <gribble> Best bid: 7.9801, Best ask: 7.999, Bid-ask spread: 0.0189, Last trade: 7.98005, 24 hour volume: 184434, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:42:02] <t3a> ;;bc,price
[2012-07-17 04:42:03] <EmanuelDeOrtego> Pirate, I really wish you let it hit $10.

[2012-07-17 04:42:03] <Azelphur> EmanuelDeOrtego: do you know how much he sold roughly to do that? XD
[2012-07-17 04:42:12] <Blitzboom> EmanuelDeOrtego: HA!
[2012-07-17 04:42:16] <agro_> apparently some cocaine dealer started accepting moneygram and was traced
[2012-07-17 04:42:20] <Blitzboom> no win on your leveraged bet for you
[2012-07-17 04:42:28] <agro_> anyone that stupid (almost) deserves it
[2012-07-17 04:42:31] <Blitzboom> pirateat40: i hope he never wins his bet
[2012-07-17 04:42:32] <pirateat40> EmanuelDeOrtego, we don't want another bubble and my charts/triggers were screaming at me.
[2012-07-17 04:42:33] <Blitzboom> :P
[2012-07-17 04:42:46] <agro_> +1 to that

[2012-07-17 04:42:59] <Azetab> ;;ticker
[2012-07-17 04:43:00] <gribble> Best bid: 7.9801, Best ask: 7.98011, Bid-ask spread: 9.99999999962e-06, Last trade: 7.9801, 24 hour volume: 185015, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:43:14] <Blitzboom> we are right on track for another bubble though
[2012-07-17 04:43:17] <Blitzboom> it’s still parabolic
[2012-07-17 04:43:20] <Blitzboom> so let’s go
[2012-07-17 04:43:21] <agro_> there will be another bubble regardless, if there is another sensationalistic btc article on mainstream news
[2012-07-17 04:43:29] <agro_> like the yahoo one

[2012-07-17 04:43:38] <pirateat40> Blitzboom, that bet was a battle against my most vocal critic.   He lost and he knew it before he made the bet.
[2012-07-17 04:43:51] <MC1984> the tulip guys were right last time
[2012-07-17 04:43:52] <Blitzboom> pirateat40: i’m talking about EmanuelDeOrtego, not Vandroiy
[2012-07-17 04:43:57] <agro_> "BITCOIN IS BACK: The shady currency has returned to double digits..."
[2012-07-17 04:45:17] <sabari> anchorman on the price of bitcoin: http://i.qkme.me/3ofwpz.jpg
[2012-07-17 04:45:28] <pirateat40> oh

[2012-07-17 04:45:47] <t3a> Is there a graph that shows bitcoin volatility over time?
[2012-07-17 04:45:58] <Blitzboom> atlas = emanuel has some kind of leveraged bet on the GLBSE where he bets it will hit 10 before some time
[2012-07-17 04:46:19] <Blitzboom> not sure on the details
[2012-07-17 04:46:24] <Blitzboom> maybe EmanuelDeOrtego can elaborate
[2012-07-17 04:47:17] <Blitzboom> it would be funny if you bearly lost that bet
[2012-07-17 04:47:19] <sgravina> pirateat40: You have made me a small amount of money.  Thank you, I sure hope you aren't pretend.
[2012-07-17 04:47:20] <Blitzboom> after all the cheering

[2012-07-17 04:48:02] <sebicas> ;;ticker
[2012-07-17 04:48:02] <gribble> Best bid: 7.999, Best ask: 7.99901, Bid-ask spread: 1.00000000005e-05, Last trade: 7.999, 24 hour volume: 185179, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:48:35] <pirateat40> sgravina. come to vegas. ill shake your hand. :)
[2012-07-17 04:48:50] <justinm001> fly us to vegas
[2012-07-17 04:49:11] <justinm001> we can snort btc off strippers
[2012-07-17 04:49:51] <dub> the I dont care if hundreds of individuals have verified the existence, THEY ARE NOT REAL guy
[2012-07-17 04:50:14] <EmanuelDeOrtego> proudhon: Are you proud?
[2012-07-17 04:50:26] <dub> forums still down aye

[2012-07-17 04:50:29] <EmanuelDeOrtego> proudhon: Thank Pirate for making your dream come true.
[2012-07-17 04:50:45] <proudhon> Nice!  It's about time somebody put the smack down on this fake rally.
[2012-07-17 04:50:56] <sgravina> pirateat40:  I was in LasVegas in 2006.  Which one were you?  Where you making crazy numbers before fake money was invented?
[2012-07-17 04:51:01] <proudhon> Haha, do we know it was Pirate?
[2012-07-17 04:51:26] <agro_> pirate, how should i explain to my grocery store supervisor that i no longer need my wage-slave job thanks to my "pirate pass through"? :)
[2012-07-17 04:51:31] <EmanuelDeOrtego> proudhon: He's been telling us through the whole rally that he has plans.
[2012-07-17 04:51:52] <pirateat40> sgravina, i was in Vegas 8 time in 2006.  Im sure you saw me. :)
[2012-07-17 04:51:57] <proudhon> Well, somebody was bound to do it.  Might as well of been him.
[2012-07-17 04:51:57] <pirateat40> times*

[2012-07-17 04:51:59] <EmanuelDeOrtego> OH JUST YOU WAIT GUYS
[2012-07-17 04:52:05] <EmanuelDeOrtego> YES THIS RALLY IS FUN
[2012-07-17 04:52:07] <sabari> ;;web fetch http://bitcointalk.org/
[2012-07-17 04:52:08] <EmanuelDeOrtego> MHMMM
[2012-07-17 04:52:09] <EmanuelDeOrtego> THEN
[2012-07-17 04:52:10] <EmanuelDeOrtego> BAM
[2012-07-17 04:52:13] <gribble> timed out

[2012-07-17 04:52:34] <proudhon> There was no way this "rally" was going to last, anyway.
[2012-07-17 04:52:56] <proudhon> The craziness needed to cool off, this is a good thing.
[2012-07-17 04:53:06] <Blitzboom> this is a bad thing
[2012-07-17 04:53:09] <Blitzboom> i thought it was going to 100
[2012-07-17 04:53:09] <EmanuelDeOrtego> Fine.
[2012-07-17 04:53:13] <dub> needs more dump tbh
[2012-07-17 04:53:18] <LightRider> So if there were no inefficiencies in the market, would Pirate and Co. be profitable? Doesn't profit depend on inefficiency?
[2012-07-17 04:53:22] <proudhon> Sorry, blitz.

[2012-07-17 04:53:29] <IRCFrEAK> so what is up with mtgox, their websocket is down so only bots using the httpv1 api are trading?
[2012-07-17 04:54:07] <galambo_> the people behind bfl may have an outstanding judgement/liens against them from a federal lawsuit
[2012-07-17 04:54:23] <gmaxwell> galambo_: I may be a space alien employed by the NSA.
[2012-07-17 04:54:38] <bitllc> may have? these documents should be pulblic
[2012-07-17 04:54:45] <gmaxwell> galambo_: Or do you have evidence?

[2012-07-17 04:55:08] <proudhon> pirateat40, could you stop another "rally" if one were to ignite right now and buy up above $10?
[2012-07-17 04:55:30] <sabari> EmanuelDeOrtego, very nice
[2012-07-17 04:55:55] <sabari> btw
[2012-07-17 04:56:03] <sabari> the $8.0 wall is down to 690btc
[2012-07-17 04:56:05] <pirateat40> proudhon, i could take use to 1.80 if i needed to.

[2012-07-17 04:56:39] <wizkid057> sabari: hammer the wall down then
[2012-07-17 04:56:40] <t3a> sell wall is gone
[2012-07-17 04:56:42] <sgravina> I just put my last 22 BTC on MtGox.  They are for sale at $9.50 if anybody wants them.
[2012-07-17 04:56:54] <proudhon> pirateat40, you should.  BTC is clearly over valued right now.
[2012-07-17 04:56:55] <EmanuelDeOrtego> pirateat40: I would admire you so much if you did that.
[2012-07-17 04:56:58] <t3a> probably realized the price wasnt going to drop
[2012-07-17 04:57:06] <zab_> there is no price
[2012-07-17 04:57:13] <sabari> t3a: ur late

[2012-07-17 04:57:31] <bitllc> !ticker
[2012-07-17 04:57:32] <gribble> Best bid: 8.00728, Best ask: 8.24, Bid-ask spread: 0.23272, Last trade: 8.24, 24 hour volume: 194126, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 04:57:43] <sabari> ok
[2012-07-17 04:57:46] <sabari> time to rally again
[2012-07-17 04:57:56] <Blitzboom> are we going to 100?
[2012-07-17 04:58:01] <Blitzboom> is kim dotcom buying again?
[2012-07-17 04:58:05] <Blitzboom> questions questions questions

[2012-07-17 04:58:31] <proudhon> Kim Dotcom doesn't have anything on Pirateat40.  Pirateat40 is my bear lover and will stop all the rallies.
[2012-07-17 04:58:41] <canicount> what pisses me off is that if i buy 1k$ worth now, and it ever gets to 80$, ive only made 9k :(
[2012-07-17 04:58:48] <pirateat40> There is no point in the last 7 months that I've not been in control of the market.
[2012-07-17 04:58:50] <sabari> 8.24

[2012-07-17 04:58:54] <t3a> remember when all of the buy orders on mtgox were completed and the price went to $0?
[2012-07-17 04:59:29] <pirateat40> sabari, let them make the same mistake.
[2012-07-17 04:59:47] <gmaxwell> canicount: only 9000% returns, poor baby.
[2012-07-17 04:59:48] <Blitzboom> pirateat40: and that’s exactly why trading is no longer profitably possible
[2012-07-17 04:59:59] <t3a> but upon the sell walls disappearance, the price will probably skyrocket

[2012-07-17 05:00:11] <Mqrius> sabari: This time people will anticipate it, and sell before the peak. Everyone will, ie, it won't spike so high.

[2012-07-17 05:00:13] <proudhon> Pirateat40 is really our creation - that is, the creation of everyone who gave him bitcoins.
[2012-07-17 05:00:13] <nanotube> gmaxwell: 900 :)

[2012-07-17 05:00:28] <sabari> !ticker
[2012-07-17 05:00:30] <zab_> well you're doing a great job inspiring confidence.. small time
[2012-07-17 05:00:44] <gribble> Error: Failure to retrieve ticker. Try again later.

[2012-07-17 05:00:45] <pirateat40> proudhon, exactly, I couldn't do this without my lenders.

[2012-07-17 05:01:10] <Blitzboom> proudhon: desperate times
[2012-07-17 05:01:19] <pirateat40> Who do you think was there when the market bottomed out late year?
[2012-07-17 05:01:23] <pirateat40> last*
[2012-07-17 05:01:28] <Blitzboom> i was
[2012-07-17 05:01:38] <proudhon> Blitzboom, more like, as you said, the BTC market isn't fun anymore because of you-know-who.

[2012-07-17 05:01:53] <Ferroh> alsdkfjalsdkj
[2012-07-17 05:01:54] <Ferroh> http://i.imgur.com/ceIGJ.png
[2012-07-17 05:01:56] <EasyAt> Man, that ride was fun

[2012-07-17 05:01:56] <badbitcoin> are the forums down?
[2012-07-17 05:01:59] <Ferroh> ^^ THIS SI NOT HELPING THINGS
[2012-07-17 05:01:59] <EasyAt> Lets do it again
[2012-07-17 05:02:20] <sabari> Ferroh: you should just use the chart at ferroh.com

[2012-07-17 05:02:47] <proudhon> Most people haven't realized this, but the BTC market is basically dead.

[2012-07-17 05:02:51] <gribble> Best bid: 8.19998, Best ask: 8.23999, Bid-ask spread: 0.04001, Last trade: 8.23999, 24 hour volume: 194020, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 05:03:03] <Blitzboom> proudhon: i agree

[2012-07-17 05:03:10] <zab_> the confidence in mtgox as price discovery mechanism is dead
[2012-07-17 05:03:29] <zab_> bitcoin still works as transaction medium
[2012-07-17 05:03:36] <canicount> i know this is a lamer question, but what do you think bitcoin will be worth in 5 years time? a maximum..?
[2012-07-17 05:03:52] <proudhon> It's being "held up" by a very small hand full of people and as more and more people realize this, and move on, they'll eventually abandon the carcass.
[2012-07-17 05:04:26] <proudhon> That's why I'm still bearish.  I'm bearish because we're seeing the shell of a market.  There's really no market there.

[2012-07-17 05:04:31] <badbitcoin> well yeah
[2012-07-17 05:04:33] <badbitcoin> this is a bubble
[2012-07-17 05:04:35] <badbitcoin> everyone knew that

[2012-07-17 05:04:38] <EmanuelDeOrtego> ;;ticker
[2012-07-17 05:04:39] <gribble> Best bid: 8.25, Best ask: 8.262, Bid-ask spread: 0.012, Last trade: 8.262, 24 hour volume: 194297, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 05:04:39] <badbitcoin> just buy cheap and sell high
[2012-07-17 05:04:40] <badbitcoin> easy win
[2012-07-17 05:04:48] <EmanuelDeOrtego> Buy high
[2012-07-17 05:04:50] <EmanuelDeOrtego> sell low

[2012-07-17 05:05:02] <badbitcoin> you just explained all the bears in here
[2012-07-17 05:05:08] <adaqmstgBit> hi all
[2012-07-17 05:05:13] <zab_> clearly self-destructive behavior driven by ego reasons
[2012-07-17 05:05:14] <badbitcoin> you buy on the crash
[2012-07-17 05:05:15] <IRCFrEAK> sabari: best sentence ive read in a while
[2012-07-17 05:05:17] <badbitcoin> you sell on the ramp
[2012-07-17 05:05:20] <badbitcoin> easy fix

[2012-07-17 05:05:21] <Ferroh> proudhon, as someone who sells hundreds of dollars in bitcoins every day with a little startup project, I don't know what you mean. ( https://ferroh.com/d3 )
[2012-07-17 05:05:36] <zab_> if you were thinking for five minutes you wouldn't pulled anything as stupid as this
[2012-07-17 05:05:40] <Ferroh> *hundreds of dollars worth of product

[2012-07-17 05:05:49] <sabari> IRCFrEAK: it's a fact
[2012-07-17 05:06:10] <agro_> i read somewhere that SR was gaining 50% users per month
[2012-07-17 05:06:21] <adaqmstgBit> what an exciting day for bitcoin eh!
[2012-07-17 05:06:21] <agro_> is that still on track?
[2012-07-17 05:06:25] <agro_> (i read that a few months ago)
[2012-07-17 05:06:33] <Ferroh> bitcoin works as a trasnaction medium, and the price instability issue has been addresses a million times here. Stability comes from trust in bitcoin -- this will take a lot of time. It will get better as time goes on.

[2012-07-17 05:07:27] <MC1984> who is this pirate guy and why is everyone sucking his dick
[2012-07-17 05:07:33] <sabari> "batman? my parents are dead" is still looping o_x
[2012-07-17 05:07:35] <badbitcoin> because hes a millionare with other peoples money

[2012-07-17 05:10:19] <badbitcoin> btw
[2012-07-17 05:10:22] <badbitcoin> the crash will be bigger than last time
[2012-07-17 05:10:23] <Blitzboom> maybe we should ask pirateat40 that
[2012-07-17 05:10:26] <badbitcoin> will probably touch 1 dollar
[2012-07-17 05:10:34] <badbitcoin> without pirateat40's involvement
[2012-07-17 05:10:52] <badbitcoin> it won't STAY there
[2012-07-17 05:10:54] <badbitcoin> but it will tap it
[2012-07-17 05:10:55] <badbitcoin> most likely

[2012-07-17 05:11:43] <pirateat40> Keep buying people...
[2012-07-17 05:11:58] <Chaaang-Noi> the price is all over the place
[2012-07-17 05:11:59] <Blitzboom> pirateat40: pump and dump! omg
[2012-07-17 05:12:14] <badbitcoin> lol pirate
[2012-07-17 05:12:22] <Blitzboom> i already told kim dotcom to buy
[2012-07-17 05:12:24] <badbitcoin> you taking the price to 1?
[2012-07-17 05:12:44] <badbitcoin> let me know a few hours before hand pelase pirate
[2012-07-17 05:12:49] <badbitcoin> <.<

[2012-07-17 05:12:51] <EmanuelDeOrtego> There is too much USD in the exchange to take it to one.
[2012-07-17 05:13:52] <pirateat40> I'm just going to say this time.... If you panic buy, you're going to lose.
[2012-07-17 05:13:58] <badbitcoin> ^^
[2012-07-17 05:14:02] <MC1984> if this guy controls the market why would he be here saying how he controls the market
[2012-07-17 05:14:03] <badbitcoin> thankfully I bought in at 3
[2012-07-17 05:14:03] <pirateat40> one*
[2012-07-17 05:14:04] <agro_> lol

[2012-07-17 05:14:25] <sabari> pirateat40: that's now how it goes.. it supposed to go like this "if you panic buy, you are going to have a bad time"
[2012-07-17 05:14:29] <EmanuelDeOrtego> pirateat40: Somebody is going to throw millions at you one day.
[2012-07-17 05:14:36] <zab_> as soon as this hits forbes noone is going to take this thing seriously anymore
[2012-07-17 05:14:39] <badbitcoin> one day?
[2012-07-17 05:14:46] <badbitcoin> hes had milions thrown at him for months
[2012-07-17 05:14:57] <agro_> nothing hits forbes

[2012-07-17 05:14:58] <pirateat40> sabari, im not here for greed.
[2012-07-17 05:15:18] <pirateat40> EmanuelDeOrtego, call them up, lets play.
[2012-07-17 05:15:25] <sabari> pirateat40: what are you here for then?
[2012-07-17 05:15:27] <EmanuelDeOrtego> Pirate thinks he is the new messiah. I challenge him to uphold his role.
[2012-07-17 05:15:32] <dub> sabari: jesus
[2012-07-17 05:15:43] <zab_> ego

[2012-07-17 05:16:19] <NxTitle> is pirateat40 attempting to keep the price down or something?
[2012-07-17 05:16:30] <dub> theymos: how does your moderator selection process work, it seems like you pick the most retarded people, how low does my IQ need to be
[2012-07-17 05:16:43] <proudhon> EmanuelDeOrtego, nobody is going to throw millions at bitcoin because pirate's scared any such investors away.  Like I said, this is a dead market.

[2012-07-17 05:16:44] <gmaxwell> dub: Hey there.
[2012-07-17 05:17:09] <badbitcoin> I wonder if proudhon is a bear
[2012-07-17 05:17:10] <badbitcoin> HMM
[2012-07-17 05:17:17] <dwda> u have money, u scare money

[2012-07-17 05:17:18] <sabari> pirateat40: we should talk in cryptic sentences for the rest of the day
[2012-07-17 05:17:20] <adaqmstgBit> proudhon is a bull
[2012-07-17 05:17:20] <EmanuelDeOrtego> Proudhon is a bear in bear's clothing
[2012-07-17 05:17:27] <theymos> dub: Some of the moderators are jerks, but I think that actual *moderation* is very good. I pick moderators mostly based on how accurately and often they report posts.

[2012-07-17 05:17:28] <Joric> pirateat40 please drive the price to $10 this time
[2012-07-17 05:17:39] <agro_> ITT: bulls masquerading as bears, vice versa, etc
[2012-07-17 05:17:51] <dwda> Is that why it just went up .25 in like 10 min?
[2012-07-17 05:18:10] <adaqmstgBit> its going crqazy right now

[2012-07-17 05:18:15] <Niooron> i dont like bubbles
[2012-07-17 05:18:17] <EmanuelDeOrtego> Niooron: He was down to 7.60 moments ago
[2012-07-17 05:18:20] <adaqmstgBit> no one know whatto make of theis pump and dro[
[2012-07-17 05:18:20] <EmanuelDeOrtego> It*

[2012-07-17 05:18:57] <Niooron> nothing news worthy happened
[2012-07-17 05:19:13] <theymos> dub: I take many factors into account, too. And moderators can't actually do much irreversible damage.
[2012-07-17 05:19:13] <sabari> Nicksasa: the good wife started showing internationally
[2012-07-17 05:19:15] <dub> I heard kim dotcom is ddos'ing bitcointalk

[2012-07-17 05:19:19] <jean-ed> pirateat40: you are wrong. if Bitcoin's economy continue to increase to $100M, $1B, etc, it is plausible that the exchange rate will reach $10, $100, etc. So anybody buying today will, on the long term, profit a lot, regardless of your ability to swing the prices between a tiny range 8.00-9.50
[2012-07-17 05:19:31] <EmanuelDeOrtego> PIRATE IS JESUS
[2012-07-17 05:19:34] <EmanuelDeOrtego> DO NOT QUESTION
[2012-07-17 05:19:36] <EmanuelDeOrtego> HIS POWER

[2012-07-17 05:19:37] <dub> theymos: they seem to be doing a good job of damaging bitcoins reputation
[2012-07-17 05:20:13] <badbitcoin> he can swing the prices by 10s of dollars
[2012-07-17 05:20:15] <jcpham> He broke it
[2012-07-17 05:20:26] <agro_> panic sell.....
[2012-07-17 05:20:28] <proudhon> jean-ed, pirateat40 can swing the price down to $1 if he wanted.  The price is what it is because he wants it to be what it is.  This is not a market.
[2012-07-17 05:20:44] <EmanuelDeOrtego> I expect Pirate bonds to go up in price after this dick flaunt of his.
[2012-07-17 05:21:04] <theymos> dub: Even if they were significantly hurting Bitcoin's reputation (which they aren't), I think that free discussion will help Bitcoin more than a friendly image will.
[2012-07-17 05:21:26] <sabari> bitcoin down to 8.19

[2012-07-17 05:21:49] <agro_> black market is 2nd largest market in world, hugely benefits from bitcoin, pirate probably helping to introduce btc there directly or indirectly, QED bitcoiner doubters
[2012-07-17 05:21:54] <dwda> I'm just playin' tho

[2012-07-17 05:22:09] <EmanuelDeOrtego> The market recognizes that Pirate is manipulating.
[2012-07-17 05:22:11] <jean-ed> proudhon: if pirateat40 sells his ~500k BTC (estimated), he would crash the price to $1, and then what? he would have nothing else to sell and further crash it
[2012-07-17 05:22:14] <bcb> theymos: reboot

[2012-07-17 05:22:16] <NxTitle> ;;ticker
[2012-07-17 05:22:17] <gribble> Best bid: 8.41, Best ask: 8.41998, Bid-ask spread: 0.00998, Last trade: 8.41998, 24 hour volume: 196924, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 05:22:50] <pirateat40> EmanuelDeOrtego, controlling is not manipulating.
[2012-07-17 05:23:04] <pirateat40> If you want manipulation go to penny stocks.
[2012-07-17 05:23:29] <galambo_> bitcoin is smaller than a penny stock

[2012-07-17 05:23:43] <theymos> I was going to wait until tonight and bug MagicalTux about it if it's still down. (He hosts the forum.)
[2012-07-17 05:24:14] <jean-ed> pirateat40 has no way to influence the long-term exchange rate of Bitcoin, his trading volume will eventually be surpassed by many other investors, companies, etc
[2012-07-17 05:24:27] <jean-ed> he just happens to be one of the biggest traders *right now*
[2012-07-17 05:24:27] <badbitcoin> I might be able to solo it but its going to take an order of magnitude more doing

[2012-07-17 05:27:10] <proudhon> jean-ed, well, I just think that as more people discover how small this market is, and how much it's being supported by just a few people, they'll be less inclined to participate.  I still don't think there's any good evidence that much new money has come into the system.  I think this is just a bounce after last years high as last years' sellers try to buy back.
[2012-07-17 05:27:16] <agro_> its just that this forum has a lot of people screaming about how pirateat40 is messing everything up, damaging btc rep, etc

[2012-07-17 05:27:24] <pirateat40> This is the last warning Im going to give....  STOP BUYING!
[2012-07-17 05:27:40] <agro_> lol..
[2012-07-17 05:27:40] <EmanuelDeOrtego> NO
[2012-07-17 05:27:45] <EmanuelDeOrtego> I WILL CONTINUE TO BUY
[2012-07-17 05:27:46] <agro_> BOOM CRASH
[2012-07-17 05:27:50] <EmanuelDeOrtego> EVERYBODY RISE
[2012-07-17 05:27:50] <NxTitle> pirateat40: what the fuck are you about to do
[2012-07-17 05:28:41] <NxTitle> ;;ticker
[2012-07-17 05:28:41] <gribble> Best bid: 8.24227, Best ask: 8.3597, Bid-ask spread: 0.11743, Last trade: 8.38363, 24 hour volume: 197565, 24 hour low: 7.6, 24 hour high: 9.49

[2012-07-17 05:28:44] <sabari> 20:13 < pirateat40> I'm just going to say this time.... If you panic buy, you're going to lose.
[2012-07-17 05:28:49] <knotwork> do you have to say a price when selling or will it take market price if you dont specify?
[2012-07-17 05:28:51] <NxTitle> 04:27 < pirateat40> This is the last warning Im going to give....  STOP BUYIN

[2012-07-17 05:29:45] <theymos> I made some money selling at 9 and buying at 8. :) I probably won't speculate much any more, though. The market is really unpredictable.
[2012-07-17 05:29:54] <CoJaBo> When it crashes, everyone be shure to yell WHHEEEEEEEEEEEEEEEEEEEE!!!! on the way down!

[2012-07-17 05:30:35] <zab_> he's jamming the matching engine
[2012-07-17 05:30:50] <NxTitle> pirateat40: well... go ahead and do it already
[2012-07-17 05:30:56] <Niooron> buy high sell low
[2012-07-17 05:30:57] <badbitcoin> CONNECTION ERROR

[2012-07-17 05:31:14] <jean-ed> pirateat40: do you realize you actually bring stability to the market by slowing down huge rallies? this is good.
[2012-07-17 05:31:41] <jean-ed> no need to present your actions as a "warning"
[2012-07-17 05:31:47] <agro_> you keep running back to buy....tiiiime is on my side

[2012-07-17 05:32:01] <zab_> jean-ed: if by stability you mean nobody wanting to touch bitcoin with a 10-foot pole, yes, he is making it stable as a tombstone
[2012-07-17 05:32:06] <pirateat40> jean-ed, i'm not here kill the market and make bitcoin worthless.
[2012-07-17 05:32:19] <jean-ed> zab_ you are wrong
[2012-07-17 05:32:32] <jcpham> i want to touch bitcoin with an 11 foot pole right now
[2012-07-17 05:32:32] <jean-ed> if pirateat40 was not selling, we would see another bubble like on June 2011

[2012-07-17 05:32:41] <gmaxwell> pirateat40: you should draw a little pirate sword in the mtgox orderbook.
[2012-07-17 05:32:48] <Azelphur> dwda: already done
[2012-07-17 05:33:08] <pirateat40> gmaxwell, i tried to make a ship once, but got bored.

[2012-07-17 05:42:27] <pirateat40> Hexadecibel, you send all the coins you have possible to gmaxwell.
[2012-07-17 05:42:37] <pirateat40> Ill send 5 times that.
[2012-07-17 05:42:38] <Hexadecibel> not likely

[2012-07-17 05:43:14] <jean-ed> zab_: if he was trading the coins back and forth between himself, the price would be stable. but the thing is we saw a 1.8M BTC volume, with prices increasing... indicating there are more buyers than sellers
[2012-07-17 05:43:17] <EmanuelDeOrtego> pirateat40 is trying to prove his walth
[2012-07-17 05:43:18] <pirateat40> Clipse, this is the fun room.

[2012-07-17 05:43:33] <pirateat40> I get more attacks from this room than any.
[2012-07-17 05:43:34] <jean-ed> therefore it is not pirateat40 exchanging coins back and forth between his accounts
[2012-07-17 05:43:41] <zab_> jean-ed: the price was stable at $5 for a long time exactly because pirateat40 wanted it to be
[2012-07-17 05:43:43] <badbitcoin> pirateat40: no reason to compare epeen :D
[2012-07-17 05:44:23] <pirateat40> badbitcoin, my epeen never gets to play. :(

[2012-07-17 05:44:26] <jean-ed> pirateat40 just cannot do that by himself
[2012-07-17 05:44:34] <dwda> wtf this chanel is so hot I can't get some helpful info
[2012-07-17 05:44:37] <NxTitle> pirateat40: congrats, you're famous
[2012-07-17 05:44:43] <NxTitle> here are complementary cookies and attacks

[2012-07-17 05:44:45] <SysErr0r> guys, we have a responsibility to represent bitcoin to the casual passerbys of the internets
[2012-07-17 05:44:53] <SysErr0r> let us bow our heads and pretend to be serious

[2012-07-17 05:44:54] <Hexadecibel> he's famous for the same reason paris hilton is famous
[2012-07-17 05:44:58] <zab_> there are no position limits in this exchange
[2012-07-17 05:45:02] <Niooron> syphilis?
[2012-07-17 05:45:08] <NxTitle> Hexadecibel: paris hilton made a ponzi scheme?
[2012-07-17 05:45:11] <Hexadecibel> no one even knows what he does
[2012-07-17 05:45:12] <gmaxwell> Hexadecibel: awww.

[2012-07-17 05:45:12] <pirateat40> There is one thing i love more than trading bitcoin...
[2012-07-17 05:45:15] <Niooron> a sex tape?
[2012-07-17 05:45:21] <pirateat40> GETTING a reaction!

[2012-07-17 05:45:25] <Azetab> ;;ticker
[2012-07-17 05:45:26] <gribble> Best bid: 8.33995, Best ask: 8.33996, Bid-ask spread: 9.99999999962e-06, Last trade: 8.33996, 24 hour volume: 197793, 24 hour low: 7.6, 24 hour high: 9.49

[2012-07-17 05:45:39] <jean-ed> zab_: my point is he may have been doing that, but he is not doing it anymore
[2012-07-17 05:45:42] <jean-ed> because the price is rising
[2012-07-17 05:45:47] <jean-ed> ...isn't that what you are saying too?

[2012-07-17 05:45:47] <zab_> pirateat40: and that is why in the grand scheme of things you are a small player and always will be
[2012-07-17 05:45:52] <jean-ed> if so then we agree :)
[2012-07-17 05:46:03] <pirateat40> zab_, yep

[2012-07-17 05:46:04] <dub> pirateat40: I'd be really butthurt if you made the price $6.50 right now, that would REALLY make me REACT
[2012-07-17 05:46:15] <jean-ed> and pirateat40 just lost the ability to do it because volumes from other investors surpassed his own trading volume
[2012-07-17 05:46:15] <Clipse> sigh

[2012-07-17 05:46:16] <Hexadecibel> It would make me buy
[2012-07-17 05:46:27] <Clipse> too much financial emotion and epeen going on right now
[2012-07-17 05:46:28] <dwda> dub if you made the price $10 that would REALY make me REACT
[2012-07-17 05:46:36] <NxTitle> pirateat40: I'd be really butthurt if you made the price $9.50 right now, that would REALLY make me REACT
[2012-07-17 05:46:41] <EmanuelDeOrtego> Look at the sells on the charts gentlemen
[2012-07-17 05:46:56] <EmanuelDeOrtego> They have been met with equal buys

[2012-07-17 05:47:31] <dub> theres no way in hell the price could go to $6.50 right now, not even the pope has that much money
[2012-07-17 05:47:40] <badbitcoin> dub, panic sells
[2012-07-17 05:47:43] <badbitcoin> strong force
[2012-07-17 05:47:44] <NxTitle> someone just initiated a large buy
[2012-07-17 05:47:53] <Shocky> it's about to go up.
[2012-07-17 05:47:54] <NxTitle> 8.42

[2012-07-17 05:47:57] <badbitcoin> if someone sets up a panic sell properly
[2012-07-17 05:48:02] <badbitcoin> you can drop the price to anything
[2012-07-17 05:48:03] <NxTitle> aand down it goes

[2012-07-17 05:48:13] <gdoteof> party again
[2012-07-17 05:48:13] <NxTitle> but not by much
[2012-07-17 05:48:29] <EmanuelDeOrtego> WE ARE THE NEW WEALTHY ELITE GENTLEMEN

[2012-07-17 05:49:30] <zab_> pirateat40: stabilize it before it hits forbes or you will come to regret this one way or another
[2012-07-17 05:49:31] <NxTitle> badbitcoin: damn - ponzi money is shiny though
[2012-07-17 05:49:50] <badbitcoin> NxTitle: practice makes perfect
[2012-07-17 05:49:50] <Clipse> WINNING
[2012-07-17 05:50:05] <gmaxwell> Whoooho
[2012-07-17 05:50:10] <zab_> pirateat40: they can still buy a "technical glitch" story if you stabilize the price to something reasonable and stop horsing around
[2012-07-17 05:50:31] <pirateat40> glitch?
[2012-07-17 05:50:46] <zab_> whatever

[2012-07-17 05:51:05] <Clipse> NxTitle: .AAAAAAAAAAAND...... ITS GONE..
[2012-07-17 05:51:15] <zab_> just don't make it so fucking obvious you're destroying your own hard work
[2012-07-17 05:51:15] <NxTitle> shit someone stole it

[2012-07-17 05:51:22] <badbitcoin> I WAS TRYING TO TEACH MY SON THE VALUE OF MONEY..... GONE
[2012-07-17 05:51:39] <SysErr0r> badbitcoin: cool story
[2012-07-17 05:51:40] <NxTitle> Dizzy1: it pays being an early adopter
[2012-07-17 05:51:40] <EmanuelDeOrtego> AND ITS GONE
[2012-07-17 05:51:45] <badbitcoin> GONE

[2012-07-17 05:51:47] <NxTitle> unfortunately I didn't make much
[2012-07-17 05:51:49] <NxTitle> but yeah

[2012-07-17 05:52:19] <Chaaang-Noi> .btc-e :)
[2012-07-17 05:52:27] <badbitcoin> wow, sec

[2012-07-17 05:52:28] <zab_> pirateat40: you got your reaction, you're awesome, now fix your miss please
[2012-07-17 05:52:45] <gribble> Best bid: 8.2808, Best ask: 8.28131, Bid-ask spread: 0.00051, Last trade: 8.28132, 24 hour volume: 197968, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 05:53:17] <NxTitle> if everyone continues to buy, pirate will eventually run out of money
[2012-07-17 05:53:34] <pirateat40> Yes, Everyone BUY
[2012-07-17 05:53:39] <pirateat40> EVERYONE
[2012-07-17 05:53:43] <NxTitle> pirateat40: lol?
[2012-07-17 05:53:45] <pirateat40> GO!, NOW
[2012-07-17 05:54:01] <pirateat40> The more you buy the more I make.

[2012-07-17 05:54:07] <NxTitle> pirateat40: tell me to sell :(
[2012-07-17 05:54:10] <pirateat40> NxTitle, is just helping me.
[2012-07-17 05:54:13] <zab_> pirateat40: don't do this... don't destroy what you've created
[2012-07-17 05:54:14] <NxTitle> lol
[2012-07-17 05:54:18] <dub> did I pump when it was time to dump?
[2012-07-17 05:54:40] <gribble> Best bid: 8.35999, Best ask: 8.36, Bid-ask spread: 9.99999999962e-06, Last trade: 8.36, 24 hour volume: 198123, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 05:54:43] <Blitzboom> dump and pump scheme
[2012-07-17 05:54:59] <adaqmstgBit> pirateat40 what price would you like us to support?
[2012-07-17 05:55:53] <pirateat40> zab_, this is the first time ive ever played the market.  It was simply a statement, I don't plan on making it part of my process.  It's simply a warning.
[2012-07-17 05:56:07] <Hexadecibel> Ooo pirate is scary

[2012-07-17 05:58:54] <Diablo-D3> !ticker
[2012-07-17 05:58:55] <gribble> Best bid: 8.26102, Best ask: 8.37498, Bid-ask spread: 0.11396, Last trade: 8.37499, 24 hour volume: 198583, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 05:59:33] <NxTitle> pirateat40: how much longer do I have to wait for a gpumax account?
[2012-07-17 05:59:54] <SysErr0r> pirateat40: when will my BFL single arrive?

[2012-07-17 06:00:56] <pirateat40> adaqmstgBit, 33% is right.
[2012-07-17 06:01:26] <adaqmstgBit> so 66% of the coins are our own?

[2012-07-17 06:02:38] <MC1984> how the dicks has it bounced between 7 and 9
[2012-07-17 06:03:26] <EmanuelDeOrtego> pirate
[2012-07-17 06:03:34] <pirateat40> yes
[2012-07-17 06:03:40] <NxTitle> why
[2012-07-17 06:03:41] <biteylerk> Also he doesn't pass the profit to the incestors - he keeps it for himself. He's a pirate, damn it! Arrr!
[2012-07-17 06:04:12] <Chaaang-Noi> he is the caption of the pirate ship BTCST :)

[2012-07-17 06:04:55] <Xian01> pirateat40, sorry for the off-topic, but I applied for a gpumax account >30 days ago. Are you that backlogged ?
[2012-07-17 06:04:13] <opticbit> can we expect more than 7% in our accounts next monday?
[2012-07-17 06:05:31] <pirateat40> opticbit, as long as I hold your coins.. you'll be paid.

[2012-07-17 06:10:51] <Hexadecibel> seriously though, I really, really wish pirate the best. It's been this long, people have had this much warning. You only have yourselves to blame when he runs with your money
[2012-07-17 06:10:57] <Hexadecibel> and he'll deserve every penny

[2012-07-17 06:29:31] <wogaut> ok, later!
[2012-07-17 06:34:59] <Xian01> maybe someone should update the topic ;) "Yes, the forums are down. It's not just you"

[2012-07-17 06:36:05] <EmanuelDeOrtego> Pireat40, my firm just got me some Mt. Gox dollars in my account.
[2012-07-17 06:36:07] <pirateat40> Last warning....
[2012-07-17 06:36:13] <EmanuelDeOrtego> Continue this selling and I'll buy it up to $10.
[2012-07-17 06:36:17] <EmanuelDeOrtego> Right now.
[2012-07-17 06:36:19] <Gladamas> ;;ticker
[2012-07-17 06:36:20] <gribble> Best bid: 8.08987, Best ask: 8.08988, Bid-ask spread: 1.00000000014e-05, Last trade: 8.08989, 24 hour volume: 203928, 24 hour low: 7.6, 24 hour high: 9.49
[2012-07-17 06:36:28] <Hexadecibel> warning for what?
[2012-07-17 06:36:31] <pirateat40> Sell everything
[2012-07-17 06:36:35] <Hexadecibel> meh
[2012-07-17 06:36:38] <dub> im buying
[2012-07-17 06:36:40] <Hexadecibel> bring to 1
[2012-07-17 06:36:40] <adamstgBit> wait what> "last warning" ??/
[2012-07-17 06:36:50] <EmanuelDeOrtego> He's bluffing guys.
[2012-07-17 06:36:55] <EmanuelDeOrtego> Just buy it all out before I do.
[2012-07-17 06:37:01] <dub> buy high sell low

[2012-07-17 06:37:53] <NxTitle> 05:36 < EmanuelDeOrtego> He's bluffing guys.
[2012-07-17 06:37:53] <NxTitle> 05:36 < EmanuelDeOrtego> Just buy it all out before I do.
[2012-07-17 06:38:21] <adamstgBit> lol this is crazy
[2012-07-17 06:38:47] <opticbit> is there a good e-book i can read about the factors affecting the prices, so I can buy/sell at the right prices?
[2012-07-17 06:38:55] <pirateat40> I warned you guys right?
[2012-07-17 06:38:55] <adamstgBit> pirateat40 wants us to go an paince sell ..... we cant do that ,,,,
[2012-07-17 06:39:13] <Chaaang-Noi> i sold what i had on btc-e :)
[2012-07-17 06:39:24] <Hexadecibel> panic sell? shit, I'm hoping he brings bitcoin to 1$
[2012-07-17 06:39:31] <EmanuelDeOrtego> Fuck
[2012-07-17 06:39:56] <dub> glad I just bought
[2012-07-17 06:40:00] <Hexadecibel> speculators are the only ones that should be worried. investors, not so much.
[2012-07-17 06:40:12] <Blitzboom> oops
[2012-07-17 06:40:15] <Blitzboom> kim dotcom is selling

[2012-07-17 06:40:26] <NxTitle> pirateat40: how far are you planning on bringing the price down?
[2012-07-17 06:40:29] <Chaaang-Noi> nice drop :)
[2012-07-17 06:40:54] <NxTitle> that's what she said
[2012-07-17 06:41:20] <NxTitle> pirateat40: like, longterm, by end of day, etc.
[2012-07-17 06:41:24] <quintopia> ;;ticker
[2012-07-17 06:41:25] <gribble> Best bid: 7.5, Best ask: 8.08942, Bid-ask spread: 0.58942, Last trade: 7.5, 24 hour volume: 214023, 24 hour low: 7.5, 24 hour high: 9.49
[2012-07-17 06:42:28] <dwda> These prices are just crazy
[2012-07-17 06:42:34] <NxTitle> ;;ticker
[2012-07-17 06:42:34] <gribble> Best bid: 7.5, Best ask: 7.81999, Bid-ask spread: 0.31999, Last trade: 8.08, 24 hour volume: 214357, 24 hour low: 7.5, 24 hour high: 9.49
[2012-07-17 06:42:38] <pirateat40> Ill say it one more time, STOP BUYING

[2012-07-17 06:42:40] <dub> sell sell sell
[2012-07-17 06:42:51] <NxTitle> pirateat40: stfukthxbai
[2012-07-17 06:42:59] <Hexadecibel> is he talking to us?
[2012-07-17 06:43:03] <dwda> Why even do this?
[2012-07-17 06:43:04] <NxTitle> it was funny at first, but now you're being dumb
[2012-07-17 06:43:08] <biteylerk> Wow, is that all he's got? :)
[2012-07-17 06:43:11] <Hexadecibel> no one is buying here. only planning to buy
[2012-07-17 06:43:30] <adamstgBit> the crazy price swing is pirateat40 desperately trying to climb out of a bad move ...
[2012-07-17 06:43:32] <pirateat40> Bitcoin bubble is not good for any of us.

[2012-07-17 06:43:38] <Azetab> ;;ticker
[2012-07-17 06:43:39] <gribble> Best bid: 7.55251, Best ask: 7.6875, Bid-ask spread: 0.13499, Last trade: 7.6875, 24 hour volume: 214371, 24 hour low: 7.5, 24 hour high: 9.49
[2012-07-17 06:43:48] <dwda> i'm not buying at all, I'm just confused as to why manipulate the market in such a way.
[2012-07-17 06:43:49] <Niooron> at least leave it at 8
[2012-07-17 06:43:50] <Hexadecibel> he's got deposits to honor
[2012-07-17 06:43:54] <Niooron> 7.5 again?
[2012-07-17 06:44:08] <NxTitle> pirateat40: then if you're "controlling" the market then why did you let it get this high in the first place?
[2012-07-17 06:44:33] <pirateat40> NxTitle, i made 20k on these idiots.

[2012-07-17 06:44:36] <Hexadecibel> it's out of his control. he to sell some of his incestors btc
[2012-07-17 06:44:41] <biteylerk> This looks like the last ditch desperate attempt to keep the price down. And he might be out of ammo now!
[2012-07-17 06:45:07] <Chaaang-Noi> 20k btc or 20k usd?
[2012-07-17 06:45:11] <NxTitle> pirateat40: fun
[2012-07-17 06:45:13] <NxTitle> Chaaang-Noi: btc
[2012-07-17 06:45:21] <Chaaang-Noi> awesome :)

[2012-07-17 06:45:21] <gribble> Best bid: 7.65782, Best ask: 7.66579, Bid-ask spread: 0.00797, Last trade: 7.65782, 24 hour volume: 214457, 24 hour low: 7.5, 24 hour high: 9.49
[2012-07-17 06:45:22] <pirateat40> If you guys want a crazy market that no outsider will every consider a real market we can make that happen.
[2012-07-17 06:45:30] <pirateat40> 20k USD

[2012-07-17 06:45:35] <Hexadecibel> ha ha ha
[2012-07-17 06:45:40] <Chaaang-Noi> ahh 20k usd, still very nice
[2012-07-17 06:45:42] <Hexadecibel> wow fiat. good job
[2012-07-17 06:45:51] <dub> 20k pfft
[2012-07-17 06:45:54] <_matthew_> Wtf@everyone

[2012-07-17 06:45:59] <IRCFrEAK> how much of that is your incestors?
[2012-07-17 06:46:22] <dwda> I don't think bitcoin will ever succeed with statements like that made, pirate
[2012-07-17 06:46:23] <pirateat40> This is just to show you guys that bitcoin is not forum and irc based.
[2012-07-17 06:46:33] <pirateat40> People are still buying like idiots.

[2012-07-17 06:46:44] <Blitzboom> pirateat40: errm, what would show that?
[2012-07-17 06:46:47] <Hexadecibel> I bought a long time ago...
[2012-07-17 06:46:49] <dwda> People are idiots, jesus!
[2012-07-17 06:46:58] <Blitzboom> i told people kim dot com is buying and the price went up
[2012-07-17 06:47:00] <NxTitle> what makes people idiots for buying?
[2012-07-17 06:47:01] <dub> pirateat40: your only doing this because kim dotcom is dossing the forum

[2012-07-17 06:47:01] <Blitzboom> correlation = causation
[2012-07-17 06:47:03] <galambo_> buying bitcoin or BST shares?
[2012-07-17 06:47:05] <Niooron> but you just gave them cheap coins

[2012-07-17 06:47:29] <EmanuelDeOrtego> Pirateat40,  my firm is now bringing order back to the market.
[2012-07-17 06:47:43] <_matthew_> UHOH
[2012-07-17 06:47:46] <_matthew_> ATLAS HAS A FIRM
[2012-07-17 06:47:47] <Blitzboom> LOL ATLAS
[2012-07-17 06:47:55] <pirateat40> EmanuelDeOrtego, we need it.

[2012-07-17 06:48:26] <pirateat40> we have too many penny stock traders here.
[2012-07-17 06:48:27] <biteylerk> There's almost no resistance all the way to $10, I think Pirate's game is up..
[2012-07-17 06:48:44] <Blitzboom> pirateat40: i agree. but don't you contribute to that via "depth control"?

[2012-07-17 06:48:58] <NxTitle> biteylerk: never underestimate the amount of money dumbasses put into the bitcoin savings and ponzi
[2012-07-17 06:48:58] <Blitzboom> :P
[2012-07-17 06:49:43] <NxTitle> honestly, the only way it could possibly survive up to this point is because dumb people _still_ put more money into it

[2012-07-17 06:49:53] <pirateat40> Blitzboom, i counter every move the muscle in the market tries to do without losing the "market" aspect of it.
[2012-07-17 06:51:09] <pirateat40> _matthew_, is EmanuelDeOrtego atlas?
[2012-07-17 06:51:11] <Blitzboom> also, EmanuelDeOrtego has a bet that $10 will be hit before $5.5
[2012-07-17 06:51:17] <_matthew_> Yes pirate
[2012-07-17 06:51:20] <EmanuelDeOrtego> Yes.
[2012-07-17 06:51:23] <pirateat40> ah

[2012-07-17 06:51:26] <Blitzboom> EmanuelDeOrtego: was it 5.5?
[2012-07-17 06:51:30] <Blitzboom> just checking
[2012-07-17 06:51:36] <pirateat40> you're the one they talk about.
[2012-07-17 06:51:55] <Blitzboom> dude
[2012-07-17 06:51:58] <Blitzboom> atlas is hilarious
[2012-07-17 06:52:00] <EmanuelDeOrtego> I don't really do much but move my lips.

[2012-07-17 06:52:05] <Blitzboom> bitcoin wouldn’t be the same without him
[2012-07-17 06:52:10] <pirateat40> all i know these days is DANK

[2012-07-17 06:54:52] <dub> anyway, good time to buy bitcoins imo
[2012-07-17 06:55:00] <Hexadecibel> always a good time to buy bitcoins
[2012-07-17 06:55:12] <Hexadecibel> don't let pirate here you. his blood pressure.
[2012-07-17 06:55:19] <Hexadecibel> ugh. hear.

[2012-07-17 06:57:12] <biteylerk> So are we done dumping? Can we buy now?

[2012-07-17 07:00:45] <_matthew_> Watch out!
[2012-07-17 07:01:04] <Hexadecibel> !ticker
[2012-07-17 07:01:05] <gribble> Best bid: 7.79057, Best ask: 7.81999, Bid-ask spread: 0.02942, Last trade: 7.82, 24 hour volume: 216388, 24 hour low: 7.5, 24 hour high: 9.49
[2012-07-17 07:01:12] <Niooron> back to 8 again?
[2012-07-17 07:01:15] <Hexadecibel> damn. its back up
[2012-07-17 07:01:21] <qwebirc30912> what is going on
[2012-07-17 07:01:30] <Hexadecibel> bitcoin is going back up
[2012-07-17 07:01:46] <qwebirc30912> why is shit going down today
[2012-07-17 07:01:53] <EmanuelDeOrtego> Pirate.
[2012-07-17 07:02:03] <IRCFrEAK> a manipulator is attempting to push down the price so they can buy more after selling them up high where they pushed it prior
[2012-07-17 07:02:05] <adamstgBit> Pirate is in his desperate hour
[2012-07-17 07:02:15] <adamstgBit> if you would like to help him out SELL all your bitcoins

[2012-07-17 07:02:44] <stamit> i see a spike up and we are back to pre-yesterday levels
[2012-07-17 07:02:45] <qwebirc30912> so that ponzi scheme is crashing
[2012-07-17 07:02:55] <Hexadecibel> looks like
[2012-07-17 07:03:08] <stamit> did people here explain this thing?
[2012-07-17 07:03:11] <qwebirc30912> didn't he just bet like 50k btc that he wouldn't crash?
[2012-07-17 07:03:11] <EmanuelDeOrtego> The market is already desensitized to this crap.
[2012-07-17 07:03:19] <Hexadecibel> 5k I thought
[2012-07-17 07:03:26] <Hexadecibel> but it doesnt matter. he wins either way
[2012-07-17 07:03:28] <pirateat40> adamstgBit, i don't think your meaning for desperate is different than mine.
[2012-07-17 07:03:40] <EmanuelDeOrtego> He is simply a recovering addict.
[2012-07-17 07:03:44] <EmanuelDeOrtego> Not desperate.

[2012-07-17 07:03:55] <stamit> hey, pirateat40, people are blaming you for everything. what's up?
[2012-07-17 07:03:56] <plusEV> guy who bet 5k can "win" if he just invests in pirate and uses the bet as a hedge
[2012-07-17 07:03:59] <adamstgBit> pirateat40, sry man you have your agenda i have mine
[2012-07-17 07:04:02] <adamstgBit> BUY BUY BUY!
[2012-07-17 07:04:07] <adamstgBit> :)

[2012-07-17 07:39:58] <pirateat40> keverw, never trust a pirate.
[2012-07-17 07:40:21] <anonymous1> !ticker
[2012-07-17 07:40:22] <gribble> Best bid: 8.27015, Best ask: 8.27999, Bid-ask spread: 0.00984, Last trade: 8.28858, 24 hour volume: 229745, 24 hour low: 7.5, 24 hour high: 9.49
[2012-07-17 07:40:27] <Clipse> everyone thinks they are having fun but its all smoke and mirrors :P
[2012-07-17 07:40:59] <Ferroh> WHOA!!
[2012-07-17 07:41:03] <Ferroh> $400k bid wall up
[2012-07-17 07:41:06] <Ferroh> at $8
[2012-07-17 07:41:32] <Hexadecibel> I remember when bid walls used to mean something
[2012-07-17 07:42:05] <qwebirc30912> what the hell is going on
[2012-07-17 07:42:19] <NxTitle> Ferroh: I don't see it
[2012-07-17 07:42:26] <EmanuelDeOrtego> I think pirate's goal was always to make it rally further.
[2012-07-17 07:42:33] <NxTitle> oh nvm, now I do
[2012-07-17 07:42:40] <pirateat40> http://www.youtube.com/watch?v=8yOsEzqt1U0

[2012-07-17 07:47:09] <pirateat40> Who wants to go up?
[2012-07-17 07:47:22] <Chaaang-Noi> im okay with up :)
[2012-07-17 07:48:04] <pirateat40> ok... who wants to go down?
[2012-07-17 07:48:09] <Hexadecibel> I do!
[2012-07-17 07:48:13] <EmanuelDeOrtego> We fear nothing.
[2012-07-17 07:48:17] <zab_> I want it sideways
[2012-07-17 07:48:17] <EmanuelDeOrtego> Do your worst.
[2012-07-17 07:48:20] <biteylerk> heh, good luck with down
[2012-07-17 07:48:21] <EmanuelDeOrtego> The market will correct you.
[2012-07-17 07:48:28] <pirateat40> zab_, that's what i want.
[2012-07-17 07:48:36] <zab_> then do it to me big boy
[2012-07-17 07:48:45] <opticbit> bump it up, its going to take an hr for my coins to go into gox.
[2012-07-17 07:49:43] <opticbit> the rest of my coins are sitting in bitcoinmax
[2012-07-17 07:50:29] <opticbit> can we do this everyday?
[2012-07-17 07:51:58] <EmanuelDeOrtego> lol we're at 8.64 again

[2012-07-17 07:52:48] <opticbit> pump and dump every day, but make it obvious upto $10 and down to $5, back and forth 2 or 3 times so we can double our monies
[2012-07-17 07:53:20] <pirateat40> opticbit, do you know how pump and dumps work?
[2012-07-17 07:54:32] <pirateat40> opticbit, today's activity is based on the 80% of the market not paying attention.

[2012-07-17 07:56:28] <pirateat40> I could make multiple threads in the forums and hit every channel on IRC saying "IM DUMPING!!!!" and I'd still be able to do this.  It just not worth sitting by a computer 24 hours a day.
[2012-07-17 07:56:57] <zab_> if 80% of the market are algos written by amateurs, what did you expect?
[2012-07-17 07:57:06] <btc123> pirateat40:  have you ever tried to say 'im dumping' and see if it affects the market?
[2012-07-17 07:57:10] <EmanuelDeOrtego> Fractional Reserve could make a $1 price possible
[2012-07-17 07:57:21] <pirateat40> 80% is the people not in our tiny community.
[2012-07-17 07:57:28] <pirateat40> Im trying to make a point here.

[2012-07-17 08:06:28] <pirateat40> well guys, i think i've scared off the sellers. I'm tired and going to call it night and let the bots play.  IRCFrEAK, im pulling the my wall and dumping.... Get ready!
[2012-07-17 08:07:04] <Blitzboom> pirateat40: LMAO
[2012-07-17 08:07:14] <Blitzboom> pirateat40: dude. you have balls
[2012-07-17 08:07:21] <tbcoin> Bid wall disapear
[2012-07-17 08:08:00] <MoneyIsDebt> *dropping bomb sound effect*
[2012-07-17 08:08:20] <pirateat40> Ya'll keep buying... ill see ya in the morning.  Night
[2012-07-17 08:08:24] <Blitzboom> pirateat40: gn8
[2012-07-17 08:08:38] <Chaaang-Noi> good night pirate
[2012-07-17 08:08:40] <Ferroh> ITS A TRAP
[2012-07-17 08:08:41] <MoneyIsDebt> How low can you go... *limbo music*
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Offline maplesyrupghost

I figure I might as well post this image too, this was taken last night when someone posted a $400,000 bid wall at $8.00 during the madness.

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