log☇︎
120500+ entries in 3.041s
benkay: I don't understand the phrase "seller of safety in btc".
mircea_popescu: the operator would offer very high margin and trade with low net worth parties who couldn't participate in the real marketsd.
mircea_popescu: but anyway : mpoe can't hedge. what it does is it allows others to hedge against it.
mircea_popescu: i don't follow your logic.
benkay: isn't that what the help is for?
mircea_popescu: <Bugpowder> Mpex is a sideshow <<< if it weren't for mpex there'd have been no divs this month at all.
mircea_popescu: as in, i don't set a %, i just take whatever the max was
mircea_popescu: thestrin1puller well they don't really. the idea is they're taking on risk for a high %
mircea_popescu: then again... i guess i can see it. shareholders don't care, not their skin. made a 39 per which is not really much lower than usual
thestrin1puller: there is a 29k loss for bondholders, maybe bondholders aren't mpoe holders
OneMiner: Ignore is confusing. Can't tell who is talking to who.
OneMiner: I personally don't know and don't hold any of this asset. But I'm being prevented from listening to any intelligent talk about the issue by trolling.Wether you think you are justified or not.
Bugpowder: What about covered exposure are you pretending you don't understand?
ZedsterX: can't we all just be freinds
OneMiner: Just don't be rude about it. There's no reason to be a jerk.
Bugpowder: And for me, if I don't see what I consider to be mispriced options, I'm not going to buy them
mircea_popescu: bot hasn't been altered fundamentally since 2011
Bugpowder: Because he didn't understand the real risks
OneMiner: Ya, just wanted to pass into. Like everything you've said about it and how your opinion matters so much. Don't flood.
pgp: question: MPEX support a socket based implementation for requesting trades from a certain seq number forward. Why isn't there something like that for quotes?
mircea_popescu: o this can't possibly end well.
mircea_popescu: by pointing out that they don't ger 500 bux for a vignette
jurov: oh yes, i must tell to deprived they weren't in order
jurov: s.mpoe hasn't paid yet
mircea_popescu: can't hurt.
TradeFortress: bfl asics doesn't hash lol
MJR_III: jurov: isn't that downgraded?
MJR_III: wouldn't it be 90 puts and 90 calls for each month?
MJR_III: bitfinex sucks, they don't actually send orders out, but whatever engine they have doesn't send them out quickly enough, which partially gox's fault
jurov: thestringpuller don't be impatient :)
MJR_III: and also you wouldn't have to worry about NATing
MJR_III: fuck when i finally got back on bitfinex i am greeted by the position i didn't know i had
MJR_III: of course you probbably donb't need to stop theoretical attacks just make it impractical
MJR_III: i can't use their website
taub: I'm still bearish short term, this retracement isn't over
jurov: mircea_popescu cuz you didn't use amazon loadbalancer... granted, with 10TB traffic it would get a bit expensive :)
MJR_III: can't you split them up?
MJR_III: and yes, a pool of ips, but that shouldn't be that hard
mircea_popescu: <pgp> often they float <10% of there shares and often aren't that liquid <<< /me grins
MJR_III: i can't trade at all right now, bitfinex is fucked
jurov: and how do you know for example iDiffs i'm selling aren't overvalued trash?
MJR_III: i can't see what he wrote but i'm guessing gypsy something
jurov: and it can get you more if ye weren't inept and bought mpoe options with these 12k in meantime
jurov: so? you want to pump and dump and can't?
jurov: i know. but it's useful for me to try and explain, too, even if he isn't listening
MJR_III: i know how tempting it can be to show someone who is obviuosly wrong how and where they are wrong...but i couldn't get sucked into that trap any more
jurov: obviously if you aren't even replying to my point
jurov: you obvoisly aren't trying to understand what i'm saying :/
jurov: tiberiusiv don't change the topic
MJR_III: ugh i can't trade like this
jurov: this isn't so easy with btc.. jus lend it on moment;s notice
pgp: often they float <10% of there shares and often aren't that liquid
jurov: so? don't clamor for impossible them.
jurov: like if there were millions going in and out, that wouldn't cause wild swings?
MJR_III: jurov: because they haven't been verified yet?
jurov: and all btc coins aren't equal too, as anyone who tried to spend new satoshidice outputs can attest
jurov: but you can't use them as a proof of stake tomine
smickles: take many massive loans, get near 50%, the claim you can't pay because you have to protect the network!
smickles: but, wouldn't that mean they have to do nothing w/ their coins to maintain
smickles: ya know, i don't recall bitcoinica going down as often as ya'll say bitfinex goes down
mircea_popescu: MJR_III i don't really.
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?
MJR_III: you just won't be able to withdraw USD via Mt. Gox USD codes i think
MJR_III: they can't use gox coupons
MJR_III: mircea_popescu: i wasn't aware that you did web hosting, but I saw the little hosted by mpex on bitcoinity
MJR_III: someone thinks there won't be much of a dividend i guess
MJR_III: Yifu wrote something about that but I can't find the link
MJR_III: pgp: i don't think it would be that much
MJR_III: to all those people saying btc isn't backed by anything...it's backed by drama
MJR_III: i don't really like the bitcointalk forums, so i am glad you guys are here to tell me the best articles
bugpowderr: its a same Deprived doesn't hang out here
DeaDTerra1: Didn't expect this volume :P, I guess it's the combination of everyone that wants in before the holidays and that they just got their salaries
mircea_popescu: DeaDTerra1 and why don;t you ?
sturles: DeaDTerra1: If you sent to the bank in Japan, they don't have any Easter holidays there.
MJR_III: wouldn't it make sense to borrow btc then?
MJR_III: makes sense...so you can't fill new orders?
smickles: oh, this state doesn't have an amount limit
smickles: i don't think poverty = corruption
smickles: coming from a country where our dear leader has a public assasination list, corruption doesn't sound all that bad
MJR_III: the water can't
smickles: tiberiusiv: you don't think that activity could increase from other people in similar timezones to mircea_popescu ?
MJR_III: i wouldn't engage, you are giving him what he wants
smickles: tiberiusiv: most of the activity happening when mircea_popescu is around, doesn't really indicate that mircea_popescu is the cause of said activity
mircea_popescu: eh gtfo. facebook doesn't have a revenue model, is worth 100bn
MJR_III: in fact...you wouldn't even need most of the stuff to be submerged
smickles: tiberiusiv: I haven't noticed an exaggeration. Are you talking about something you saw in irc or on a webpage?
smickles: tiberiusiv: i don't think he exaggerates, he just speaks of the notational numbers because they are bigger
MJR_III: it won't interfere with the electrical operations but dissipates heat better
smickles: tiberiusiv: so you suggest that he's a scammer b/c he's romainian and allows people to post pictures you don't like, i understand that. What would you suggest my course of action be based on this information?
mircea_popescu: Diablo-D3 i don't see them using a dc honestly.
smickles: tiberiusiv: you don't like bitcoin magazine?
MJR_III: ugh, it doesn't auto-ignore tiberiusiv
smickles: and this past month would't be the best indicator
smickles: i would use bitfloor more often if it weren't for that debt
MJR_III: similar to how you say that the whole world can't be hedging
MJR_III: you won't have efficiencies
jcpham: redundant T ftw
mircea_popescu: so no, bitcoin isn't killing fiat.
MJR_III: and as mircea_popescu's excellent article showed...you don't need bitcoin to do everything
MJR_III: i don't think the dollar is going anywhere for a long time