244900+ entries in 1.784s
mike_c: i don't think jurov is in
a different situation than anyone else. BingoBoingo could trade the markets on his own book, hanbot could place bets with her own money, etc.
ThickAsThieves: jurov wasnt it addressed that front-running would be
a fireable offense?
jurov: well, i now realize my position is
a bit problematic, not cause i'm
a broker
fluffypony: "Hello. my name Ewelina S. iam from Poland. in 25 of march i make order for Terra miner 2tgh/s for 5.999$ +1.108$ shipping. I am
a single mother who raises two children.I borrowed these monay from family and friends for the development of investment btc.At the moment, my financial situation has changed for the worse, and I was forced to resign from the ordered equipment.Please help me recover my money.If I lose these money i dont know what
mircea_popescu: but yeah i get it, you wanted some numbers to put in
a formula
mircea_popescu: FabianB you expect panacea to lose 1.78 twice in
a row ?
mircea_popescu: related : May 01 01:46:17 <mircea_popescu>mike_c is like never on anymore, he's almost like
a guy with
a day job and 3 side projects +
a small kid or something.
fluffypony: asciilifeform: it takes me
a few hours to catch up when I miss stuff (including reading posted links, researching stuff I don't understand, etc.), I don't always have
a few hours loose every day, and you know how it goes once you let it slip for
a few days - it's easier to just skip the few days you missed
mircea_popescu:
a) that was for april and b) panacea is like 20%ish of mpif
FabianB: mircea_popescu: just
a funny way to make
a bid order in f.mpif
fluffypony: asciilifeform: I don't need
a digest, I have the time to parse the forum, but if I get caught up in things I can imagine I simply wouldn't have the time for it on an ongoing, daily basis
bounce: didn't we have an expert digester sadly out of
a job recently?
fluffypony: ThickAsThieves: so why don't we find someone who can spend 2-3 hours
a day parsing the logs and making an overview/digest and putting it up, and then put that up on
a paywall'd site, the proceeds of which pay their salary?
☟︎ mircea_popescu: ThickAsThieves this is precisely why being
a financial professional is... you know...
a profession.
ThickAsThieves: having to parse this log all day is relatively shitty
a requirement, no?
ThickAsThieves: it removes possibility of being
a passive investor in any regard, which i suppose is okay with the right support systems in place
mircea_popescu: mpif is also not obliged to put ALL its capital into pcs, it can keep
a reserve
ThickAsThieves: regarding my previous comments on bingoboingo soliciting trade info from others, i guess i kind of see it as the MPEx as the purported/aspiring to be SRO in the space. in that sense i think the long-term view might be to consider whether this is really
a best practice, and further whether this channel would ultimately serve as fair info distribution to shareholders
mircea_popescu: mike_c i think it varies
a lot over time too. for instance, pc4 is currentl;y very little exposed. but as
a lot of bets are med term, 6 months, 1 yr
mike_c: ooh, the pif liquidity manager runs
a brokerage.
pankkake: and that was
a fund, too. don't know who
pankkake: sold all (~100 BTC) in
a few minutes and resold at 10× price right after
thestringpuller: mircea_popescu: do you have
a definition of
a n00b lying around?
kakobrekla: o yeah, we now have venzen here cause of that post, allegedly
a friend of heysteve.
kakobrekla: so the vol should be correct, just timing
a little off
kakobrekla: mike_c btw, i summed the missed ones in
a single 470k trade
mircea_popescu: jurov for
a moment there i thought you may be off on something ungodly like i dunno,
a 1st may vacatgion or something
mircea_popescu: now someone make
a forum account put that shit up there.
ozbot: The Serious IPO,
a moment in the life and times of forum investing pe Trilema - Un blog de Mircea Po
mircea_popescu: "It involved skewing data in Google Analytics. They decided it was
a good idea to alter the statistical data shown for websites. It first began with just altering data reports for Analytics account holders that also had an AdSense account, but they ran into too many issues and decided it would be simpler just to skew the report data across the board to remain consistent and implement features globally."
mircea_popescu: punkman that's actually quite well matched to market signals. i wonder if anyone'll ever investigate these matters. seems sort-of like
a probe in gazprom.
mircea_popescu: The new policy; "shelter the possible problem makers, and fuck the rest" (those words were actually said by
a Google AdSense exec) when he spoke about the new procedure and policy for "Account Quality Control".
mircea_popescu: I did not. I stayed because I had
a family to support, and secondly I wanted to see how far they would
mircea_popescu: their gravy train needed to end. Many employees were not happy about this.
A few resigned over it.
mircea_popescu: publisher had accumulated earnings exceeding $5000 and was near
a payout or in the process of
a mircea_popescu: have to pay them
a single penny. We were told to go and look into the publishers accounts, and if any
random_cat: and here i thought taake was
a lame norwegian black metal band
ozbot: I knew I couldn't build
a cat - Everything2.com
mircea_popescu: but b) that he's fucking moved on from bitcoin and now is reduced to trying to leech geeks
a la cody wilson. that's
a net positive.
mircea_popescu: anyway, it's refreshing to see that
a) taaki is continuing his gofer career, because that's what the guy does, much
a la gmaxwell : he tries to associate with important projects in the hopes that people with money are stupid enough to go by what fucktarded ragazines publish, and so maybe he can get some.
mircea_popescu: "learn the secret nigerian dairy farmers hate : how an Edinburgh mum built
a functioning goat out of tooth paste and some wood shavings"
mircea_popescu: he had found it, because he was there with his wife... and they...well... they got
a little frisky
fluffypony: I'd have loved it if she had two boyfriends who took me out to party, at least I would've had
a godo time
fluffypony: Google Ultron is
a MUCH better browser than Chrome
mircea_popescu: who the fuck cares about some shitty us corps already, jesus christ on
a popsicle.
mircea_popescu: "Perhaps URLs are just destined to be an implementation detail that the next generation of users won’t even know exists. Maybe I was crazy to think that URLs were
a permanent part of our culture. Still, I’ll miss the damn things. Let’s pour one out for the URL."
mircea_popescu: "I've been
a few months there and no problem. If only they allowed btc/usd trading..." uh color me fucking confused. isn't that EXACTLY what bit4x does ?
mircea_popescu: someone not reading the logs is making
a conscious and deliberate move.
mircea_popescu: ThickAsThieves: while this is
a public place, it isn't necessarily fairly distributed to shareholders << that is an option the shareholders take on their own backs.
mircea_popescu: well this has been
a productive morning. and outside... it's sunny, but rain drops are falling
mircea_popescu: pankkake it's more of
a "go to college my son, not so you can do great things, but so you may understand why the men doing great things are laughing at you, and laugh with them."
mircea_popescu: numerisTrade if you'll stand the statement, i'll say that this has been an illuminating exercise as to the value of higher education. while you're
a trained economist and the average forum dweller is
a highschool drop-out, you and them are both about equally inept in business. the one difference is that your higher training allows you to understand what i say, and their lack of education denies them same.
numerisTrade: but you are actually right that x.eur is
a good base for otc derivatives
mircea_popescu: numerisTrade but "currently" can not stand as an argument in
a strategic matter.
mircea_popescu: preventing such
a fate for bitcoin, for instance, has been 90% of all the work of 2012 and 2013
mircea_popescu: and
a wrong side, where mostly the blacks were quartered.
mircea_popescu: it's an us idiom. old style (esp southern) towns had
a "right side of the tracks", where respectable people lived
pankkake: I should write
a "price translator" for X.EUR. perhaps combine it with my existing B-C bot
mircea_popescu: well that is also
a point of strategic failure. because competition it is, definitely : one wanting to short btc can either buy euros for delivery on bc at his option, or enter in your cfd.
numerisTrade: so we didn't think of it as
a competition actually
numerisTrade: x.eur is
a slightly different product, it's
a future, not
a repurchase agreement, and so it serves
a little bit different purposes (e.g. cannot be used as
a secured loan). besides. it's not otc
mircea_popescu: but if you fail to even identify them, that's
a strategic failure. failure to talk to them compounds operational failure on top of strategic failure and is how "surprises" happen
mircea_popescu: well, this points to
a structural problem in your business planning process.
numerisTrade: no, not yet. It is
a good idea though, thanks.
mircea_popescu: pankkake because nobody gave
a shit yet because they have bigger fires to put out because nobody uses ripple.
pankkake: which is actually why I'm wondering why Ripple is still
a thing with those big exchanges
pankkake: weird not even
a folkvangr in my music library
fluffypony: "Was one of the operators, got hit by
a bus"
gribble: You rated user magicaltux on Thu Feb 27 08:13:53 2014, with
a rating of -1, and supplied these additional notes: ate all the coins.
fluffypony: numerisTrade: ok here's an idea - you have
a mutual note in the WoT from personalnick1 to numerisTrade saying that personalnick1 is
a representative of the company. same goes for personalnick2. because the WoT is meant to be interpreted and not viewed as
a cumulative score or whatever, anyone trading with you can be told to check the numerisTrade WoT. once the trade is complete you can ask them to rate numerisTrade for the business and rate
mircea_popescu: fluffypony of all the people i know that lost their cockthread thing whatever you call it, all lost it to
a puckered butthole.
numerisTrade: or in general, how
a "bitcoin corporation" should be managed?
pankkake: I know, I added
a hilight on mpif
fluffypony: numerisTrade: there's
a solution somewhere in this, I'm just too buggered to figure it out atm :)
mircea_popescu: how would that work ? this is
a managed asset, it's not supposed to trade much off its nav
pankkake: I'm surprised
a date wouldn't announced in advance either
fluffypony: numerisTrade: separate WoT ratings, after
a few ratings will it matter? alternatively, leave the numerisTrade nick for trading, and have another IRC session in your personal capacity :)
mircea_popescu: "Obama joins
a high-powered group of celebs to emphasize the vital role men play in preventing sexual assault " < i had no idea presidents are celebrities nao.
mircea_popescu: and actually, you really should get him
a diff nick, or yourself.
mircea_popescu: because well... anyone who fails to call it
a default also fails to have
a future, in his chosen profession.
mircea_popescu: im curious how many in the "press" will be calling this
a default, and how many will be derping about how it's really just antiracism and ecology.