log☇︎
17600+ entries in 1.661s
tiberiusiv: mircea the fraud/scammer had to put a 12.5% rate in order to get more greedy idiots to give him bitcoins
tiberiusiv: which is like 80% of the time
tiberiusiv: the price can go swing 50% either way
benkay: but at 12.5%
benkay: only 80.9%
tiberiusiv: mircea admits that over 90% of the bond portfolio is him
thestringpuller: Bugpowder is up 1500%
tiberiusiv: hence why he still controls over 90% of float
tiberiusiv: as he owns 90%+ of the float
tiberiusiv: bond holders have lost over 50%
ThickAsThieves: How does the bot handle options it buys? Does it ever excercise, or try to resell? If it excercises, does it wait for a certain % of profit?
ThickAsThieves: How does the bot handle options it buys? Does it ever excercise, or try to resell? If it excercises, does it wait for a certain % of profit?
mircea_popescu: http://www.google.com/trends/explore?hl=en-US#q=%22bitcoin%22%2C%20obama&cmpt=q
gribble: mircea_popescu was last seen in #bitcoin-assets 11 minutes and 14 seconds ago: <mircea_popescu> http://www.google.com/trends/explore?hl=en-US#q=%22bitcoin%22
mircea_popescu: http://www.google.com/trends/explore?hl=en-US#q=%22bitcoin%22
mircea_popescu: Namworld making the coin's value 99.9% btc
mircea_popescu: ThickAsThieves well i'm not even counting the usual scammy " X % of shares are reserved for management" with sliding X
ThickAsThieves: oh you have to pay elec + 1% mgmt fee too
mircea_popescu: "Power figures are +/- 10% of those listed while we finish optimizing our power subsystem." << that's where the 10% came from im pretty sure.
kakobrekla: the case was not in the 10%
rikur: jborkl: wrong, the advertised performance was with +-10% variance and the bet said that it has to be +-10% of that
rikur: http://bitbet.us/bet/337/bfl-will-deliver-asic-devices-before-may-1st/ should be resolved as first miners have already been delivered and they are within +-10% of advertised specs (5.5 GH/s (+- 10% running variance))
Diablo-D3: I'll rapidly iterate multiple designs during the 10% though
lippoper1: then I just come to the conclusion that with the remaining 10% of the time I will not be able to do it to the best of my ability and move on
benkay: did you grow into being able to see the right approach? or were you always a 90% think, 10% crank guy
lippoper1: I sit there and I think about it for 90% of the time
Diablo-D3: 90% thinking 10% actual coding
mircea_popescu: Diablo-D3 first off, diff is going up > 10% in a day
ThickAsThieves: if it actually went up 20%
ThickAsThieves: even if diff goes up 20% each time
Diablo-D3: constant inflation, but the % of inflation decreases over time
lippoper1: Litecoin 51% attack with fpga's
lippoper1: Luke-Jr, is that the guy calling litecoin 51% attacked?
Scrat: it will be around forever, probably like 90% of internet infrastructure is written in C
KRS-1: anyone know if the 51% attack on litecoin is for real or not
mircea_popescu: and you won.t even get .5, seeing how next diff is +12%
mircea_popescu: (Pls somebody sell us more Goxmoney, we are out, we can pay intl wire in 2 days, spot-3%!!)
ThickAsThieves: problem is, the price is more likely to move maybe 50% upward, or 25% downward this month (very roughly speaking)
mircea_popescu: the call side cost to hedge the bond is then 7%
mircea_popescu: and puts that make 250 btc if price goes down 60%
mircea_popescu: if past data is any indication, say a 200% upswing or 60% downswing causes losses of about 25%
kakobrekla: >BTC.sx is funded privately. We operate with a tier 1 total capital ratio level of 110% minimum.
error4733: how many 50% swing this month ?
ThickAsThieves: so now we need 50% swings to make any money...
KRS1: <+Luke-Jr> ne0futur: also, to demonstrate, work is underway to 51% litecoin
jurov: capital expenses : 805.64125 BTC (6`445.13 × 12.5%) seems it really should be 12.5%
jurov: ;;later tell mircea_popescu "mpbor says 12%, but i received 12.5% on bonds. i don't mind but deprived will likely find out :D"
Namworld: Just not more than 50%
Chaang-Noi: he sold 3%
toffoo: and like evoorhees owns the other 90% but can't sell or something?
Chaang-Noi: i think it was mpex who sold his 10%
toffoo: so what would 1% of satoshi dice cost us?
jcpham: when at the tim 85% of mtgox's volume was bitcoinica
mircea_popescu: ThickAsThieves no., they grew 22%
asciilifeform: mircea_popescu: 94% of MPEx April revenue from reg fees?
jurov: *sigh* -36%
kakobrekla: %confused%
mircea_popescu: seems there's one avalon there, and it does 80% or so of the pool ?
Technologov__: maybe 3% at most.
Chaang-Noi: 10% of the network and soon to be 20%
jcpham: telling people 200% returns
mircea_popescu: "And how do you know that none of the content was written by people behind it? (And even if it was not written, it was perfectly collected together.)The organization is 100% anonymous with bitcoin early developers and great programmers behind it. Satoshi Nakamoto, before he vanished, in the last interview in April said that he had "moved on to other things," how do you know that GBBG and their software is not that oth
usagi: You're whining about how we're 30% more expensive than a futures contract because we deal in 1/2 oz coins.
usagi: Which explains the entirety of the "30% cheaper"
tiberiusiv: sure its also 30% cheaper
usagi: The coin premium on 1/2oz rounds is easily 20% or more
tiberiusiv: but its not 30% above spot like your coins
usagi: Now you know everything you need to know to calculate our value to within 5%, as our investment position has been disclosed.
usagi: Beyond that we have a 2% markup and we use the actual rates we've paid for shipping in the price to factor that in
usagi: deadweasel; total divs to date: 0.034788, sliver/btc/10 price is now .016 or so per unit, so, over 200% profit
usagi: The fact is silver went down, but compared to if we just leveraged pure silver on the way down, my investors made ovr 100% compared to the price of silver today
MJR_: currency is shifting, "money" is 100% of value...semantics i suppose
asciilifeform: I wrote that before I was told of mpex (and before I was really 100% clear on how the BTC protocol works.)
MJR_: i was thinking of scamming but only wanted to do 50% of my possible scamming
mircea_popescu: not like there's a scammer anywhere going "o, you know what, let's just do 50% of scamming"
mircea_popescu: that's not a problem. scammers are already 100% driven to scam 100% what they can
asciilifeform: Shitcoin wins, because everything is 100% voluntary. You don't even see the burned coin as burned if you don't use it.
mircea_popescu: seongyupyoo s.dice takes 1.9% of bets is what i mean.
mircea_popescu: asciilifeform why, for the 1.9% margin ?!
mircea_popescu: still,think : in the volume approach, i can wash trade myself into the 99% position.
mircea_popescu: if i scam someone i get ~99% of the funds ?
mircea_popescu: so suppose i do 80% of trade on yoru site. does this mean i get 80% of all "Destroyed" funds ?
BTCOxygen: Still with the re-investment plan the ROI is still above ~100% annually.
BTCOxygen: KRS-1: Management fee has been reduced to 10%
BTCOxygen: topace: 200% annual return is not bad tho.
BTCOxygen: Anyone here interested in Investing on a 200% annual return asset ?
mircea_popescu: 99% or some shit by now
mircea_popescu: no no, the even-other-er 1%
mircea_popescu: jborkl maybe you're the other 1%
mircea_popescu: "This community being what it is (40% ex-SA trolls, 30% clueless idiots, 10% intelligent assholes, 10% blatant scammers, 5% psychopaths, 2% bored college kids, 2% eccentric entrepreneurs, 1% Phinneaus Gage, and 1% people who can't count)"
mod6: here's the beat down in a chart: https://www.google.com/finance?q=INDEXDJX%3A.DJI%2CINDEXSP%3A.INX%2CINDEXNASDAQ%3A.IXIC&ei=DcR2UcjbLYWOqgHYUg&hl=en
mircea_popescu: only 70%
mircea_popescu: ya, 100% millitant nonsense so far.
mircea_popescu: why would you be betting both sides 95% of the time in ?
mircea_popescu: basically you can make a little % by financing the odds. so you can pretty much run a line bookie thing on top of bitbet.
mircea_popescu: in this case, ~94% of the time for this bet is past.
pgp2: ~40%
mircea_popescu: heh. 11% ?
mircea_popescu: seems it's ~7% ev
pgp2: EV on this one is -44%