log☇︎
17900+ entries in 1.292s
mircea_popescu: you only get 10% ?
mircea_popescu: is exactly what i'm saying. could push up energy effuiciency what, 50%
mircea_popescu: eskimo bob loses 99.x% of NAV
mircea_popescu: mno, the danger after the 50% rise is the 500% rise following.
mircea_popescu: <taub> but I guess everything is calm after a 50% rise << ahahah
taub: but I guess everything is calm after a 50% rise
mircea_popescu: so the stock is pretty much 99% cash ?
mircea_popescu: Please explain how you lost 84.1% of your investor's money, or (at current exchange prices) over $60,000.
mircea_popescu: BTC has gone from $10 to $100, and ART lost 98.41% of it's investor's money. To point out the obvious, the expected loss was 90%, not 98.41%. Losing that extra 8.41% is much, much larger than it seems. Because accounting for the fluctuation in currency prices, ART went on to lose 84.1% of it's value.
kakobrekla: >. I have no qualms about what EskimoBob did so long as he pays for it, one way or another. And a 10% return in a little over a month is fine with me. I've evaluated his business plan and I rather like the little setup he has going. It works like this. Either he makes me rich, or he turns out to be a scammer and I get the last laugh. I could care less either way.
error4733: agree, but big mistake as a news noob i put 80% of my btc in S.dice
mircea_popescu: http://jezus.si:81/render/?title=Mtgox+Lag+-+1+week&vtitle=Seconds&from=-1week&width=500&height=250&until=now&areaMode=none&lineMode=connected&target=alias%28bitcoin.mtgox.lag%2C%22Mtgox_lag%22%29&1365210931374
kakobrekla: http://jezus.si:81/render/?title=Mtgox+Lag+-+1+day&vtitle=Seconds&from=-1day&width=500&height=250&until=now&areaMode=none&lineMode=connected&target=alias%28bitcoin.mtgox.lag%2C%22Mtgox_lag%22%29
benkay: :%s,mod6,wangs,g
kakobrekla: ya well ppl will still bet dust even with 90%
Ukto: 100%
mircea_popescu: like, under 0.0001 ? you only get 90% of the weight.
ThickAsThieves: if i'm trying to send 20btc quickly, in order to profit 10%, i dont care about paying even a .1btc fee
mircea_popescu: seems atm 90%+ of nodes are on the euro fiberring, on the sf-la line and on the ny-boston line
MJR_: i mean, this IS on 13% of the shares...and only on the small percentage of which are traded
thestringpuller: whoa 64.9% puts?!?!?!?
mircea_popescu: MJR_ on a monetarist basis. further currency introduced at a fixed rate, about 10% annualised.
mircea_popescu: epsilon% i mean
MJR_: so...in a deflationary currency, 0% interest is pretty good
error4733: haha, 100% true
ChaangNoi: http://buzz.money.cnn.com/2013/04/05/bitcoin-bubble/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+(Top+Stories
ChaangNoi: ltc just up 10,000% in 2 months i was like, yeah time to lock in profits
ChaangNoi: and then only 10 to 25%
ChaangNoi: i sold 25% of my ltc for btc, then sold that into cash
anarchyxx: i heard some guy dumped 25% of his btc, and made 600k - you think thats a smart move to get out 25% of your stash right now?
pgp: 448167.3 USD in outstanding margin loans at weighted averae of 224.08%
ChaangNoi: pirateat40 paid 1% a day:)
mircea_popescu: what exactly are you doing for 3778% apr
mircea_popescu: 1% a day ?! what ?!
pgp: 1% a day sounds about right...
ChaangNoi: ill pay 1% a day says pirateat40
anarchyxx: if i would be making dollars available, for you to buy bitcoins with - how much would pay for it? 1% per day on the amount I lend?
bgupta: they didn't say everything.. they said most.. my take is if they handle more than 50% in 20 minutes… that means that statement is correct.. the rest could take weeks/months.
bgupta: https://bitcointalk.org/index.php?topic=157360.msg1666644;topicseen#msg1666644 claims satisfaction rates of 90-95% which means that unsatisfaction rates are 5-10%
denialdenial: what happens if they have 51%, fuck up, fork the chain
ChaangNoi: i bought a bunch of yen a while ago, made 20% in 2 years, sold it howevere
ChaangNoi: yeah japan was250%
ChaangNoi: btcguild 48% time ot fire the lazorz?
ChaangNoi: AM has said they will shoot for 10% average over a year
ThickAsThieves: "Butterfly Labs aka BFL will deliver ASIC Bitcoin mining devices to their customers before 1st of July 2013. Devices must be in scope of at least +-10% of advertised performance in order to be accepted as valid."
mircea_popescu: heh. i wonder if anyone realises that with ~5% of btc on their system, mtgox barely matters in the scheme of things
ChaangNoi: yeah, 42% was too much, i hope this is now some stability, \
Bugpowder: another possiblilty is that the price had to crash because it was up 45% in 12 hours.
Bugpowder: only put 20% down.
bgupta: well like 90% of new businesses that have nothing to do with btc fail.. Just because it's btc related shouldn't make that change.
jcpham: cut the hashrate by %60 because
MJR_: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CDIQFjAA&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FJeff_Berwick&ei=36VdUaL4Cuuo0AHlxICIDA&usg=AFQjCNEW4ScEXrdgn7x9fyMdLbP3WQp5bg&sig2=9IihRHrzALlXc_8Y4Ukstw
MJR_: people pay 4% currently for bitinstant
smickles: if you really want to get fancy, use 3% minimum, and raise it based on the latest standard deviation
smickles: 3% fee, used the 24h weighted avg
ThickAsThieves: nethash down 5%
mircea_popescu: managers make %s.
sturles: At currency conversion rate +2.5%.
sturles: MtGox trades bitcoin against a long list of different currencies. A separate order book for each currency. Order books are connected at +/-2 2.5% of current exchange value.
ChaangNoi: sdice .25 50% moew down and its my buying range
taub: or close down exchanges after a certain % drop
Bugpowder: whats the 61.8% retrace?
dub: not that I have a problem with that in reference to MPEX, you don't want those 80% but an alt gox needs critical mass
dub: mircea_popescu: it would take a gyppo with PR that doesnt alienate 80% of potential custies
mircea_popescu: o look. 3k sold brought it down another 10%.
Jackmani_: if (lag > 10s) buy at tickerprice - 10%
Bugpowder: no just 20%
Bugpowder: 90% of the time, the best move is to sit on hands
jcpham: my off-the-cuff math says at least %13 daily deflation to stay on track for 1 trillion usd
[\\\]: 40% swing in a day
deadweasel: sold 5% at 140 this morn.
TradeFortress: answer: nothing would have happened, 10% of the users would be unable to trust transactions until they upgrade.
bgupta: and when deepbit got close to 50% a bunch of miners left
mjr_: or you could say that 51% of voters colluded to elect the candidate they prefer
bgupta: sure but those are like gox +/- XX%, no?
mircea_popescu: gox is about 70% of that.
mircea_popescu: bgupta they had something like 70% a year ago.
bgupta: is mtgox the main place to do fiat/btc trading? (I know they have like 70% or something, but they have wierd transfer limits and stuff.
ChaangNoi: it just went up 10,000%
ChaangNoi: yeah, just wait.. 250% for ltc is nothing
ChaangNoi: i think its just funny it went up like 10,000% in 2 months or so
Schadenfreude: I already made 500% profit and am all out watching for it to crash
bgupta: Ah % price
Bugpowder: by buying around 20% of your nut in puts
Bugpowder: well 30%
dub: pp is up 550% since yesterday
Lyspooner: 75% of people who saw that interview wanted to see the expensify guy take on the bankers
jurov: 100% HDD
dub: up 400% or so in 24h
ThickAsThieves: call options are already 10% more expensive than yesterday
taub: 51% vul maybe
Bugpowder_: If everything stays steady... Calls at the current strike price will lose about 5% of value per day
Bugpowder_: So the total bids cash number had a big dip prior to the 25% flash crash on March 22nd, thus I consider it a possible indictor of short term direction.
thestringpuller: also I charge 2% of the spot
DeaDTerra: Btcx.se are looking to loan USD either Bitstamp or Mtgox, as we are all out of float. We are willing to pay 1% in Interest, the money will be paid back sometime this week, as we are waiting on our wire to hit gox.
Bugpowder: BTC-e has 97% of the volume
jurov: but yeah, and 50% feral taxes.. makes whoile thing hard to believe
ZedsterX: https://www.bitcoinforum.com/bitcoin-exchange/mt-gox-confirmed-to-start-exchanging-litecoin!-don%27t-miss-the-boat-on-this-one!/
mircea_popescu: very abridgedly : if you have a bn dollars you pay about 3-5% in tax, or w/e you want.
Luke-Jr: toffoo: I just shut off transactions once I have 99%