log☇︎
1001200+ entries in 0.748s
mircea_popescu: ya. like 24 hours, that's not too bad
smickles: additionally, their awareness
mircea_popescu: then lag would measure their usd -> btc -> mpex latency
mircea_popescu: as in, "get more shares of the same company for the same usd"
mircea_popescu: ya i guess if they do that then weakening of btc/usd is actually buy signal for s.mpoe
smickles: or they see it as an investment where they want a return in usd terms, they don't care about btc value fluctuations
smickles: convenience could be one reason. relatedly, maybe they can only 'think' in terms of usd
mircea_popescu: like a convenience thing ?
smickles: mircea_popescu: It might be justifiable for someone with net worth which is mostly tied up in usd to value even things like MPEx in usd
thestringpuller: in terms of usd
gribble: BTCUSD ticker | Best bid: 10.81400, Best ask: 10.81999, Bid-ask spread: 0.00599, Last trade: 10.82000, 24 hour volume: 24414.81850755, 24 hour low: 10.58000, 24 hour high: 10.85000, 24 hour vwap: 10.73950
thestringpuller: btc/usd value is on the rise
mircea_popescu: why would people value mpex in terms of usd ?
smickles: well, if people value mpex in terms of usd, a drop in usd/btc should mean s.mpoe rally
mod6: “This ranks as the third worst relative performance for Q1-Q3 since our records begin in 1994, following 1995’s 12.8% and 1997’s 11%.”
mod6: “Hedge funds are up 3.04% year-to-date as of September, 2012, compared to 13.97% for the S&P 500,” said Mary Ann Bartels, technical research analyst at Bank of America Merrill Lynch.
mircea_popescu: they should be rewarded for their prudence not punished for not having been dumb enough to play bernanke
mircea_popescu: anyway, the massacre hedge funds are suffering at the hands of a compeltely imaginary stock market is really sad.
thestringpuller: build useful things?
mod6: anyway, its been widly reported this year -- just seaching on google for stuff.
copumpkin: oh, from that chart from GS
copumpkin: mod6: where do they get their data?
mircea_popescu: thestringpuller i use the strategy of "try to build useful things"
mircea_popescu: "Bitcoin takes the monetary system back essentially a hundred years. We know how to beat that system. In fact, we know how to nuke it for profit"
thestringpuller: mircea_popescu: what strategy would you use? or is it a trade secret?
copumpkin: I'll invite you to my yacht later
copumpkin: duuude, just look at the charts
mircea_popescu: and then i fail to see them raping bitcoin on mpex with those "well established" strategies of theirs.
mircea_popescu: copumpkin i particularly enjoy the fact that all sorts of imbecile "economists" explain how vulnerable bitcoin is to "well established strategies"
thestringpuller: what do they use instead of timing?
mircea_popescu: ya, except for a couple : one that doesn't try to time and another that got there by accident.
mircea_popescu: this has been the greatest fallacy in economics. the notion that human agency can improve the end results.
copumpkin: you want more than 50% of the money ;)
copumpkin: the time is irrelevant
thestringpuller: not 100% of the time
copumpkin: best let people think they can
copumpkin: it sure gets wannabe traders' rocks off though
mircea_popescu: nobody succeeds in timing the market.
thestringpuller: timing is the key factor...
thestringpuller: the only reason my options paid off was the price was low during a price swap
copumpkin: unless there's external information that he hasn't factored in
copumpkin: assuming he doesn't have a silly strategy, they're probably no better to buy
thestringpuller: best to buy...
thestringpuller: it feels like tehy are most effective at the end of the month...
mircea_popescu: option price has a time component
thestringpuller: mircea_popescu: so option prices will decline as the month closes?
thestringpuller: mircea_popescu: if i visit romania can we hang out and go to romanian strip clubs?
mircea_popescu: o headed back to 11 ?
gribble: BTCUSD ticker | Best bid: 10.75104, Best ask: 10.84000, Bid-ask spread: 0.08896, Last trade: 10.84000, 24 hour volume: 24221.65679096, 24 hour low: 10.58000, 24 hour high: 10.85000, 24 hour vwap: 10.73588
jurov: goodnight..have to wake early
thestringpuller: people are selling into the wall
thestringpuller: no the smaller one
jurov: *it's been put there is moar correct, no?
jurov: oh that..... iirc it's put there by mircea himself, long time ago
thestringpuller: will that bid wall on mpoe have an effect?
thestringpuller: you need a green address style thingoe
jurov: it does not need extra trust, i don't see a problem doing it for anyone
thestringpuller: insta funding is a wot thing
mod6: yeah, that worked out pretty slick it looks like
jurov: looks like that "instant mpex funding" can be quite attractive marketing-wise... but must have reliable bitcoind monitoring + enough reserve at mpex first...
jurov: you can trade nao
jurov: yes, i see it, i have updated your balance without waiting for tx
thestringpuller: lemme know when i can trade. thanks for the convenience
thestringpuller: you still thwew?
thestringpuller: i wanma get ahead of the wall before the price shoots up...
BTC-Mining: I also have juice containing mashed sweet potato. But I'd trade it for more free time to look up ingredients list on things I consume for more odd ingredients and chemicals.
jurov: someone obviously has too much time on their hands
BTC-Mining: Well then, watermark 500 IDs from around the world. Send them all and ask "Choose one, whichever you find the most acceptable."
kakobrekla: just dont use the service
BTC-Mining: watermark the ID
jurov: as i said... he wants to reuse your ID for mtgox registration
kakobrekla: Coming Soon! When you are verified a number will be assigned to you, if you are every buying something form someone in the community you send me a email. I will email the person ask for your verification the number, you then confirm your number with the person who is asking. No one ever see's anything but your number. 100% secure on both ends!
kakobrekla: how the hell do i buy verification then
BTC-Mining: So they can't be reused elsewhere
jurov: this is genial. user will pay $5 for "verification" - privilege to submit personal documents that can be reused to verify mtgox acct, for example
kakobrekla: lol on the frontpage text gets cut
jurov: "Verification is all digital 15-20 minute process that includes a digital document signed digitally by you. You will also be required to submit a I.D. and Credit Card/Debit card with all but the last 4 digits blocked out. "
smickles: who would give out a copy of that?
smickles: copy of the id? military ids have ssn on them !
kakobrekla: when i discovered it, all sites were like wtf is this real or scammy joke
kakobrekla: man thats what i thought 2 years back
smickles: kakobrekla: i didn't know that bitcoin was around back in the '90s
smickles: after the daylight savings time change, it won't be mt anymore
smickles: well, it happens to be the same as mt right now
smickles: i think so
thestringpuller: wanna play monopoly tonight
smickles: also, are you sure you sent that pm to me?
smickles: thestringpuller: np about monopoly, we'll play another time
jurov: i can add "since" parameter .. but am not inclined to blow my data cap by supplying too much
thestringpuller: is there table data i can access?
thestringpuller: what was that link agian to historical data?
jurov: you mean this?
dub: theymos must be making some srs coin in this 'new forum software' scam
thestringpuller: also sorry about passing out before we could start a monopoly game we can try again tonight
jurov: why? you wanted a slot too?
kakobrekla: wait was it was the correct link the first time
jurov: if you need only last hour txs, you can fetch rss directly form mpex
jurov: thestringpuller, did that help?
thestringpuller: i just need timestamp data like from assbo
thestringpuller: i have that data