120400+ entries in 3.123s
mircea_popescu: and that may be a good idea, but won'
t really be worth discussing for about another year
mircea_popescu: ya, see, this doesn'
t work as an approach. i mean it's prolly fine in middle school or w/e, but i'm not 14.
mircea_popescu: ThickAsThieves you still haven'
t solidified your idea into something we can discuss tho.
jurov: okay, maybe thare is a big difference, i don'
t know
mircea_popescu: i read this and what i see is "i couldn'
t make people living in queens understand what the schmier is with stock options. i'm sure high powered executives would bne the same"
jurov: but it don'
t think bankers would be much different even if i could reach them
jurov: i know it's unfair judgement, but i just aren;
t apt enough to explain past that point
jurov: dig some links deep from trilema, praying they don'
t hit the paywall
jurov: or perhaps mp expects someone other do do all the computations and dirty work, but that isn'
t working
jurov: i don'
t see a problem with formula
mircea_popescu: this doesn'
t work, because market traded contracts have to be standardised.
jurov: or if that's beyond mpex mission, then don'
t show dividends either
mircea_popescu: ie, a case where diff increases > 3x during 3 months. this isn'
t normal.
jurov: if you don'
t know it, who can?
jurov: you just shoot the 0.07 number which isn'
t true
mircea_popescu: if you don'
t know what diff was you can'
t trade futures
mircea_popescu: jurov like, if you don'
t know what btc/usd is you can'
t trade options
mircea_popescu: that's exactly it : you know you won'
t get less than x.
ThickAsThieves: yes, but my bull-in-china-shop approach to things doesn'
t jive with reading things closely sometimes :/
mircea_popescu: much more concerning would be the possibility diff doesn'
t go over 13.75mn by july tho
KRS1: I can'
t find ASIC mining rigs on bitcoinstore
[\\\]: if you have to beg people to shop, then it isn'
t serving the original purpose
mircea_popescu: well for everyone's peace of mind i don'
t propose, contemplate or intend to kill anyone.
icyhot: also man to the rest of the world there isn'
t a whole lot of difference between calling people 'nigger' and saying that you want to kill all of the idiots.
mircea_popescu: you know... i think if anyone in this world can'
t be suspected of holding back from what they mean to say it'd be me.
icyhot: i don'
t know how seriously you take this autocratic thing. i halfway imagine you might have people kissing the pavement behind you.
MJR_III: since you aren'
t sending a ton of requests all the time
MJR_III: obviously you don'
t know what a websocket is
MJR_III: or what if he isn'
t using a browser
MJR_III: but it's like socket.io guys never though "what if he wants to get info from a website he doesn'
t host?"
smickles: during the dwonturn, they don'
t want you to save or invest, they want you to spend
smickles: well, they don'
t want you to buy those bonds during a downturn
smickles: whereas, if you didn'
t inflate the money, people would not spend as much or as fast, and the downturn would get significantly worse
smickles: but you wouldn'
t know that unless i told you, so it's still a good analogy
smickles: though, in the case of actual fishing, it's been years since I haven'
t caught a fish within an hour of trying
smickles: well, i bait my hook and put it out there. if after a day of trying, i still haven'
t caught anything, I go to the market instead.
smickles: i'm offering some, but i don'
t have the capital for mpoebot's volume
Bugpowder: damientrog: You don'
t necessarily get a better return by buying early. There is a time * volatility premium built into the mpoebot's pricing model, that decays as expiration approaches. Typically the way you can get the highest leverage and returns are when buying options just before expiration followed by a big move
thestringpuller: that wasn'
t a nominal loss due to the bullish nature of the volatility...
smickles: eve as a fraud, he would'
t have to fake it
benkay: don'
t tell me what's dangerous
benkay: "a wise man once told me/don'
t argue with fools/'cause at a distance/people can'
t tell who's who"
benkay: most people don'
t straighten their heads after suffering others laughter
Bugpowder: I just can'
t be bothered to parse what he has written there
mircea_popescu: whoever doesn'
t sell in a market downturn is doing exactly that.
Bugpowder: If you have to write up something so convoluted to trash bitcoin that I can'
t even understand what your argument is, you have a problem
pigeons: you're allowed to use Go now if you don'
t want to use rails
Scrat: this is a textbook example of 2 multistatement queries arriving at the same time on a database that can'
t do transactional locking
[\\\]: can'
t stand retards?
mircea_popescu: but luckily people aren'
t clever enough to figure it out, so it's all good.
[\\\]: at this point, who hasn'
t?
cole_albon: a couple of months ago I fat fingered an entry to buy s.dice when i meant to buy mpoe. with the huge spreads, I couldn'
t justify fixing my mistake immediately. I still regret that decision daily.
BitHub: doesn'
t make any sense
jurov: cuz ineptitude can'
t be hedged against
jurov: ^ my prediction (which i don'
t like at all)
jurov: we haven'
t one yet
assbot: Aren'
t those tins of tobacco right there behind you?
taub: I don'
t think anyone is mad at him?
jurov: and if btc goes up twice again next month, some 20% loss wouldn'
t be so tragic
jurov: why they just can'
t list one pt together
mircea_popescu: why can'
t he participate in the chan like normal human beings.
mircea_popescu: kakobrekla what's it like there ? i can'
t make sense of all the bs i'm reading.
jurov: but won'
t dare to repeat it
jurov: thestrin1puller: BTC growth itself effectively neutralized your bond losses, don'
t forget
thestrin1puller: "You can'
t pull yourself up by your breeches and for the very same reason you can'
t have everybody in the market hedge. Someone needs to provide the support everyone else relies on to hedge. I'm that someone." - MP
benkay: thanks mp, i understand the mechanism a little better now. what I still don'
t understand is what the MPOE bot is up to.
mircea_popescu: the moment i go in the market to hedge i'm basically releasing all the risk out there. this isn'
t waht mpoe does. mpoe just soaks up the risk.
mircea_popescu: but the 1st level providers don'
t buy it, cause there's nobody to buy it from
mircea_popescu: the alternative would be to simply re-buy insurance somewhere else. but this isn'
t underwriting, this is simply trading.