1036808 entries in 0.76s
Luceo: The loan can increase or decrease in $ value by far more
than 1% in a week :P
DeaDTerra: Every month in
the Bitcoin economy is a year in real life :P
BTC-Mining: Yes, I suppose I could go up
to 1%... still seems like a lot at 52% per year however.
DeaDTerra: as long as you have some reputation and you can guarantee
that you can pay it back
BTC-Mining: It's 28x
the rate my bank would provide loans with.
BTC-Mining: What's
the lowest rate people would require on a loan?
BTC-Mining: On a side note, I still have my 0.5% weekly loan bonds
that are not selling. Currently backed at 13990:1
BTC-Mining: But yes, it would also have disdvantages
too
BTC-Mining: As such, being able
two place multiple bid on
the same balance would be interesting
to insure you can buy
the first
that gets an ask coming in.
BTC-Mining: That's half
true. Suppose price is 1 and 2 on different shares and you have 18 BTC. You might want
to buy
those at 0.9 BTC or 1.8BTC each, with no preference as
to which
to buy first.
usagi: it will be
the source of many issues hehe
BTC-Mining: and database queries
tend
to be intensive all around
usagi: but all
the remaining bids could be cleared at
the same
time by a key number
usagi: well, same
thing ithink
BTC-Mining: It might get processing intensive however checking with each
transaction
the funds remaining and removing other bids accordingly.
BTC-Mining: If he does
that, any issue with low volume of bids would pretty much be gone.
Obsi: yes
that will be nice
BTC-Mining: I heard a rumor nefario is working on a new feature allowing
to place multiple bids on different shares with
the same funds
BTC-Mining: depending if only
the last
trade is included
Obsi: don't forget
to have it alert when
the 5 day is 0
BTC-Mining: 5 day is
there. Maybe I should make a small script for greasmonkey using
the onpage 5 day average...
trigerring when submitting
the buy/sell form
BTC-Mining: Not sure
the 5 day average is already loaded on page but eh
toffoo: that's not a bad idea. you could argue any
trading system should have
that kind of feature, but most dont
toffoo: I would be a lot richer man
today if I could go back and reverse all
those fat-finger, bad big figure, or
typo
trades I've done.
those can be expensive mistakes.
BTC-Mining: I however would like
to see a setting allowing
to set a % over/under market price at which it
triggers a confirmation screen
to pop. It would be as simple as a lightweight javascript checking
the 7 day average and comparing if it's x% over or under your current setting.
BTC-Mining: Yes, just like stock exchange, I
think
transactions should not be reversable (barring hacking/stolen funds)
toffoo: sounds like you did
the right
thing
BTC-Mining: I lost money selling shares at .12 instead of 1.12 (made for a nice loss). Most people recommended
to request a reversal. I however
think such
transactions should not be reversable and I didn't request it.
toffoo: what kind of "error" are we
talking here?
BTC-Mining: Also, public poll: Who here
thinks
transactions on GLBSE made in error should not be reversed?
DeaDTerra: last call
the bulk will be
traded
tomorrow
DeaDTerra: any else want
to bulk order ASICMINER and get
the shares for 0.09 BTC?
kakobrekla: its not 'where' as you
typed but 'how'
MoneyIsDebt: kakobrekla: How would a male say: "where should i put it" in
the same dialect?
bitfoo: because dropping
to 6% could cause an irrecoverable bank run
bitfoo: didn't want any more exposure
to pirate
brendio: Did you want
to invest some more or only
to help me out?
brendio: I just need
to manage redemptions etc now
bitfoo: I was going
to offer some if you needed more
brendio: I increased my own personal exposure a bit
temporarily
brendio: I'm at 7% even with
the new levels
bitfoo: how's
the funding situation looking?
dub: was going
to ask if it gets cold inside as a result
MoneyIsDebt: Hackers (crackers) being anti-authoritarian should be supporting bitcoin. Show some solidarity
to
the project.
MoneyIsDebt: Also, it's keeping me from investing bigger amounts. Now, I'm only buying what I'd be able
to get over by cursing for half a minute or so.
dub: the differences with bitcoin are
that its an easy
target
to gain monetary value directly,
there are a lot of stupid children implementing bitcoin services and a lot more people willing
to blindly invest in
them
MoneyIsDebt: thus I'm more worried about hacks in
this "world"
MoneyIsDebt: bitcoins (and glbse assets) are
the exception
dub: ubisoft could be looking at some serious loss for backdooring all of
their customers
dub: when blizzard gets its database stolen I expect it costs
them quite a lot
MoneyIsDebt: you mean all other economies put
together?
That's hardly fair
bitfoo: surely BTC wins under
that metric
bitfoo: also, consider amount of hacks /
total size of economy
MoneyIsDebt: yes, but in
that world you have insurance and such
MoneyIsDebt: scary with
the number of hacks in
the bitcoin world
Obsi: so wait... we have
to buy BTC on SR with BTC if
that happens?
mircea_popescu: but you neverk now. yet another mtgox hack. one large player deciding
to quit
kakobrekla: it will be reflected by one or combo of
the following: btc price drop, diff rise, reward halving
mircea_popescu: anyway, kakobrekla : look at
the daily 100mhash revenue
Obsi: I've seen some single accounts
throw around 250+ Ghash on
the pools
Obsi: I
thought ArtForz claimed
to have asics last year?
mircea_popescu: and
the asics offered are really closer
to fpgas
than real asics.
mircea_popescu: mostly because
the nutso forum community is living on images, and images are asic companies expectations
mircea_popescu: for some reason
the
total hash output is notreflectign
this yet
kakobrekla: yeah but its cheaper and cheaper
to run hashing machines
mircea_popescu: kakobrekla i meant in
the future, it is going down, not in
the continous
BTC-Mining: hmm... is
there email notices when you receive a message in your GLBSE inbox?
kakobrekla: or
the price wil pop hard or
the diff will be driven even higher
EskimoBob: low enough so you can probably never get your investment back (if you buy a GPU
to mine)
kakobrekla: i can identify several factors causing
this
kakobrekla: also imho
there is something wrong with current mining profitablitly
kakobrekla: >true "end-game" performance would be magnitude cheaper
than BFL's offer.
Obsi: the
thing is... what kind of differences will his optimizations bring? Will
they outweigh
the profits of being a buyer of
the first ASIC
to market?
Obsi: or drc
tech company
Obsi: what does
the Democratic Republic of
the Congo have
to do with
this?