log☇︎
17700+ entries in 1.289s
pgp2: right, but still... there are open bets where there's like -40% EV - people stop betting...
mircea_popescu: btc + slush just enough over 50%
mod6: oh i guess this graph in thumbnail form looked like a lot closer to 50%: http://blockchain.info/pools?timespan=24hrs
mod6: i'm looking at a near ~35% jump in difficulty in around the 23rd of March (if im looking at it correctly): http://bitcoin.sipa.be/speed-lin-10k.png
mircea_popescu: Every bettor on the winning side will receive as follows : 99% of his original bet sum (1% goes to BitBet.us) plus 99% of his bet times the total bet by the losing side multiplied by the winning side total weight and divided by his bet's total weight.
mircea_popescu: by this comparison satoshi dice is 99% undervalued.
bowjob: well confession bear here.. I think the odds are 99.9% in my favour lol
mircea_popescu: the premium is what, 30% by now ?
Namworld: I want to sell into those bids. I'll offer a 5% bonus for trade with S.DICE-PT units
taub: kinda contemplating it, but i think all it will do really is give you a prety small % roi
thestringpuller: http://upload.wikimedia.org/wikipedia/commons/7/7c/Graham%27s_Hierarchy_of_Disagreement.svg <- some of his stuff is neat...(or is it)?
bowjob: and knowing full well about gamblers fallacy.. back in jan, i wanted 1 btc to lose at 73% so i could bet 40 BTC next
bowjob: 100% on point.
Chaang-Noi: and i hold cognitive stock, about 5%
copumpkin: oh shit, not the 1%
taub: thestringpuller> the 1% induced a panic sell
thestringpuller: but someone started that exit a 1%
thestringpuller: the 1% induced a panic sell
thestringpuller: you had 30% i thougjt
taub: 160 = 50% retracement
taub: 50% retracement is at 160.
Diablo-D3: soypirate: get an account at Vanguard, split 60% Vanguard Total Stock Market Mutual Fund, 40% Vanguard Total Bond Market Mutual Fund
gribble: support: 91, 86 | targets: 100-102, 105, 110-113, 120, ..., 50% retracement at 160, new highs? | updated by OneFixt at Apr 18 2013, 08:08 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 12 hours, 43 minutes, and 6 seconds ago
jurov: for example i have ignored after he came up with this: <tiberiusiv> mircea has lost in 1month probably more bitcoins then 95% of this channel hold combined.
Scrat: 50% up, 50% down
gribble: support: 91, 86 | targets: 100-102, 105, 110-113, 120, ..., 50% retracement at 160, new highs? | updated by OneFixt at Apr 18 2013, 08:08 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 11 hours and 51 seconds ago
gribble: support: 91, 86 | targets: 100-102, 105, 110-113, 120, ..., 50% retracement at 160, new highs? | updated by OneFixt at Apr 18 2013, 08:08 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 9 hours, 8 minutes, and 17 seconds ago
gribble: support: 91, 86 | targets: 100-102, 105, 110-113, 120, ..., 50% retracement at 160, new highs? | updated by OneFixt at Apr 18 2013, 08:08 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 7 hours, 57 minutes, and 10 seconds ago
lippoper1: -1% for fees
lippoper1: for a .01% gain lmao
Bugpowder: I'm at 0.29%
gribble: support: 91, 86 | targets: 100-102, 105, 110-113, 120, ..., 50% retracement at 160, new highs? | updated by OneFixt at Apr 18 2013, 08:08 UTC ( tips: http://bit.ly/YnxUM4 ) | disclaimer: http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 6 hours, 11 minutes, and 50 seconds ago
Sinbios: like i said, it's 100% manipulation. it's the nature of this market, deal with it or go home
Sinbios: i mean stop caring that it might be manipulation, because it is 100% manipulation
ThickAsThieves: if they know they make up a certain % of bidbook
ThickAsThieves: what i think is that someone is manipulating, making up a large % of bid book,
pgp: another nice feature would be something like ;;depth 40% where it give ;;bids last*(1-.4) and ;;asks last*(1+.4)
Namworld: It's not lame. I represent like 95% of the bids orderbook in BTC denomination now.
Namworld: they'll reach 51% at this rate
Namworld: [15:13] <kakobrekla> also wtf "even if you were to take over the network people would see it comming....... you cant fllip a switch and take 51% of the network"
kakobrekla: also wtf "even if you were to take over the network people would see it comming....... you cant fllip a switch and take 51% of the network"
Bugpowder: hmmm... gox is over 80% http://bitcoinity.org/markets/list?currency=ALL&span=24h
Namworld: 100% cashed out... sounds like me
Bugpowder: 100%
error4733: still 70% cashed out bug ?
mircea_popescu: if you keep it as btc and btc goes to $6, you have 30 bucks. so from a fiat perspective lost 90% of your fortune.
pgp: interesting to note that at bitfinex, they have changed margin rules - they use to offer 5x - I guess that didn't work out so good for them... they still have 400k lent out in margin, but at an average annual rate of ONLY 84% - used to be consistently over 300%... Sentiment indicator?
Bugpowder: you need a client that can say, fuck 100% at 10MM, let's try for the 30% shot at 100MM
Bugpowder: If you give someone a 50/50 chance of making $1,000,000 or a 100% change of making $500,000, unless they already have many million in the bank, they will invariably pick the sure bet.
mircea_popescu: the 1% or so bitcoins that are held by noobs really don't matter in any serious discussion.
Bugpowder: sold the last 25% this morning at 94
pgp: wow VIX up 40% today
BitHub: better off throwing yourself into the mainstream and charging 20% comissions
Bugpowder: http://finance.yahoo.com/echarts?s=VGTSX+Interactive#symbol=vgtsx;range=20070518,20130415;compare=%5Egspc;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
pgp: max rate you can charge is 24%
ezdiy: margin calls are not 100%
pgp: I like it at 60%, but I like it more at 85% off
mircea_popescu: haha something tells me people cringing at $7500 membership a week ago are still not running to get it at 60% discount
asciilifeform: at the time I wrote that, I was not yet 100% clear on how the block chain works. But now I know that Shitcoin could ride entirely on top of Bitcoin proper. You would store the necessary data as custom transactions (the way some people encode prayers into the blockchain.)
Scrat: well i guess it does make a bit of sense, just 2-3% of overhead for a great increase in availability
Scrat: if you use something fast like snappy I doubt it will go below 80-90%
Scrat: so you compress it and get to 60% of the size, then a healthy application of reed solomon codes will give you another 40%
gribble: http://www.urbandictionary.com/define.php?term=spoiled%20brat | A kid who wants everything they see... and they cry and scream thir heads off until they get it.
error4733: 10%, the average for sup IQ
taub: wish they would allow like special deals for 0%...
Bugpowder: 0.4% :)
Bugpowder: and I'm averaging a 7.5% return
unbalanced_: Yes you have to assume you will lose 100% on a trade if you are wrong and restrict your bet size accordingly.
unbalanced_: Max downdraft in any one year, no matter what happens, is the amount in your Risk On slice, if every one of the 40 positions you take turns out to lose 100%.
unbalanced_: If you mean your return on 80% of your portfolio may not keep up with inflation, my position on that is: who cares? The longshot options in the other 10-20%, the at risk portion of the portfolio, are what will provide portfolio return.
unbalanced_: Bug, re your ideas for the fiat portfolio yesterday, have you considered sticking to options on other asset classes rather than EFTs / funds / stocks? E.g. 80-90% treasuries 10%-20% at risk in 10-40 small longshot speculations per year?
Bugpowder: 93% loss
Bugpowder: hence I'm keeping 30% in btc
Bugpowder: the 30% I hold
Bugpowder: I cashed 70%
error4733: the 30% remaning
error4733: same % of new account provide paper for verifiaction, that what they say when some ppl ask the same question as you !
mircea_popescu: savetheinternet mpex does about 80% of bitcoin denominated financials trade.
ThickAsThieves: yeah they claim 1%
gribble: To see a nice sortable web view of all factoids, click here: http://gribble.dreamhosters.com/viewfactoids.php?db=%23bitcoin-assets || To see a list of the most popular factoids, run !rank || To search factoids, run !factoids search <yoursearchterm>
error4733: massive take of benefit after a 150% rise in a week
ThickAsThieves: i'm about 50%
Bugpowder: I am about 70% cashed out now
Bugpowder: This is why I am cashing out 67%
ThickAsThieves: so if i understand correctly, he's roughly proving that 80% of hashing is done by 20% of miners
ChaangNoi: they will ahve like 40% of the network, in fucking sane
mircea_popescu: trading 50% off the day avg
naemsi: I note the 2011 correction was about 70% off and that held until gox got hacked
thestringpuller: no 20%
mircea_popescu: like 20%
mircea_popescu: now it's 0.26 so based on the volatility we could say bot is hinting at interest rates over 50% per month.
mircea_popescu: if someone ahs a bond in at say 25% and there are 10k btc at lower % than him
lippoper1: those fa#$%@
ThickAsThieves: its like the perfect solution to 51% concerns too
pgp: just drop it .2% or something - making it free just makes things worse
taub: 0% fee is nice but eh
MJR_: any one of those would prob reduce their stress by 90%
Cylta1: they should do a stable fee of 0.001 btc per order in addition to 0.6%..
mircea_popescu: the other part of ux is the 0.2% sell side only fee.
mircea_popescu: if this trend continues and in a week they're 20-30% this will all have been well worth it.