269900+ entries in 2.028s
kakobrekla: otc profile you tell you
a thing or two
Apocalyptic: "Martin Kocevar is
a product of tlie Penn- sylvania Dutch region, and he says that as soon as he gets his diploma he is going back to his home" oh wait it does
herbijudlestoids: kakobrekla: if i cant repatriate profits its less useful. i have
a seperate BTC denominated portfolio i need to manage.
herbijudlestoids: kakobrekla: lol like i said, i thought you were talking about
a mac G5, you were suggesting instead of repatriating BTC profits and getting taxed, to buy stuff...remember? so yea...i make more than you can put into consumer goods usefully, but yes, unfortunately i dont make enough to buy
a gulfstream 5
herbijudlestoids: i cant go into it too much, but we are currently in discussions to be bought by
a very well known linux company
herbijudlestoids: i also trade, usually EOD with
a bankroll i luckily made in 2008 when i had no idea what i was doing
kakobrekla: yes i understand you have
a job now, i just thought that what you said before was true
herbijudlestoids: i have
a job, its for
a small company, we are trying to get it bought by
a big company...my role is "director of cloud operations" ..
Namworld: The guy SOLD puts. Which means MPEx bought them. Which means that insider would be
a total loser.
mircea_popescu: what "?" ?. your S01067cb21b2a491c.hm.shawcable.net (on which you also run
a node, huh ?) comes from caledonia, ontario, canada. dimsler's dhcp-20-aa-4b-fd-a4-ce.cpe.sourcecable.net comes from... wait for it... hamilton. ontario. canada.
Apocalyptic: he openly talked about how
a drug user he was and deals with SR vendors
koin3d: called what? that turd was floating for
a year
koin3d: bitcoins in
a bear market since end of november duh?
kakobrekla: you cant even buy yesterdays bitcoin with
a bitcoin
KRS-One: Like mircea_popescu said
a few weeks back there will be lower prices, capitulation and
a slow and steady rise to the next bubble again..Seems reasonable.
davout: we used to have
a bitcoin charts dedicated api point, which i haven't re-enabled since we relaunched
Namworld: He's from New York. He manages BitVPS's servers in
a colo center in NY.
herbijudlestoids: anyway, going for
a long walk... if youre around when i get back i wouldnt mind askin you about the huge volatility spike on MPOE
herbijudlestoids: its not zh content, repaste from FT, i used the zh link cos most people dont have
a FT account
Namworld_AFK: No, I don't. I worked at BitVPS for
a while tho
herbijudlestoids: gocoin appears to be
a payment processor competing against bitpay
benkay: do you know what's
a horrible protocol? the bitcoin network protocol. that's
a horrible protocol.
mike_c: :) are you saying mpbor is
a risk-free interest rate?
herbijudlestoids: nubbins`: one last point is that you can build positions that are much more dependent on IV than price, for example if i buy
a call and buy
a put for the same strike and expiry
herbijudlestoids: i actually got
a kickass long vol model for NYSE index ETFs, probly wouldnt work on MPex
nubbins`: herbijudlestoids, that clarifies things
a bit, but i think what i really need is to visit the library
sypher_: there's
a kinda bad news I'm reading on the troll box
herbijudlestoids: i.e. shorting
a $2000 call has the same/similar payoff profile (at settlement) to long $2000 put
benkay: sometimes
a heavier factor than other times.
benkay: yes. that is
a core valuation principle.
nubbins`: is it fair to say that the price of
a given option indicates not only an expectation of price, but of volatility?
herbijudlestoids: the forecast isnt just for where the price of BTCUSD will be relativeto $2000 in
a years time
nubbins`: the greeks are seismographs, for lack of
a better analogy, correct?
herbijudlestoids: there is no set in stone method to calculate the value of an option. there is the black scholes model which has its proponents and detractors. regardless of which model you use, there is
a bunch of standard inputs called the greeks
sypher_: nubbins`, think about how i feel; knowing that you're
a whole 2 legs over my head. :-)
nubbins`: you're talking about
a foot above my head here, but the failing is mine, not yours
herbijudlestoids: the trade is
a bet on IV being high and leveling off or going down, and that they wont get exercised (i.e. the price wont go below 500)
herbijudlestoids: nubbins`: buying puts tends to be more of
a call on IV than anything else...term structure also plays
a part in profit, take
a look at the NYSE listed VXX ETF versus VIX for an example of what term structure being in contango can do to
a rolling IV long
herbijudlestoids: i dun know if MPEX supports naked short the contracts, looks like they only allow you to do what they call
a SPLIT order, otherwise known as an options spread, so you short the 722 puts and long some distant strike call, like 1000 calls.
herbijudlestoids: option to long is
a call, option to short is
a put. if you sell
a put, youre selling the right for someone to short at
a given price
herbijudlestoids: options give you the right but not the obligation to long/short the underlying asset at
a given strike price and date ...e.g the option to long BTCUSD at 1000 regardless of the price as of Jan 2014
sypher_: nothing, just excited to see the troll box on BTCe with all the boys shouting ... i just wanna buy back in when its gonna stop fallin; exited at
a loss some time ago.
sypher_: was reading about the USPS but its just
a few talks atm, even the article itself is cautious
nubbins`: sure, bit of
a higher barrier to entry.
herbijudlestoids: i guess i get what youre saying, that having the wallet files stored in multiple locations securely is probly as good as
a cold storage device itself
punkman1: herbijudlestoids: I think it's
a solution looking for
a problem
Duffer1: mill out
a qr code on aluminum would do nicely
sypher_: herbijudlestoids, chroma life 100years, printed on photographic paper; USB key with
a backup in
a bank safety box
punkman1: why would you not have
a backup of that?
herbijudlestoids: punkman1: well lets say i put 1,000 BTC into
a USB key and encrypt it securely etc and then my house burns down
sypher_: herbijudlestoids, wouldn't it just be simpler to print it yourself instead of
a metal trinket with an embedded key somewhere?
herbijudlestoids: i think its interesting because its
a necessary dimension for all who might want to save bitcoins securely for
a long duration
herbijudlestoids: use your brain, interpret what im saying. dont let
a typo trip you up
herbijudlestoids: its not out of etiquette, i dunno for sure so im not gonna name
a name
sypher_: herbijudlestoids, name
a couple good exchanges?
sypher_: then the big sell order gets cancelled and put at
a lower price, but not getting fulfilled... doing like that since 165 earlier.
sypher_: btce, big sell orders that aren't getting fulfilled, seems to me that many are panic selling under those and thats driving it down quite
a bit
sypher_: herbijudlestoids, i'm just
a noob so i may have completely wrong thoughts.
benkay: dunno man ask
a speculator
punkman1: "There iz only one good substitute for the endearments ov
a sister, and that iz the endearments ov sum other pheller's sister."
benkay: sounds like
a great model
ThickAsThieves: it's been
a while since i looked into possible competition though
ThickAsThieves: benkay i was considering
a business path of: 1. Implement and use it with this school, work out bugs, add anything obviously needed 2. Approach several clients in other training fields (Hazardous Goods Shipping for example) and offer hosted solutions, making the software cater to more industries 3. Convert to SaaS DIY Training Lesson Builder
benkay: there is
a clear need for networks that route around governments.
benkay: There is
a clear need for governments to be able to hold internet users accountable for their actions if they are engaged in performing or supporting illegal activities.
ThickAsThieves: they are finally installing the new version of the software onto
a live server this week
pankkake: I used to be in
a php shop, but we did pass twice on
a project that was simply… impossible to comprehend
ThickAsThieves: the investment, in my eyes, would be in
a team that can be counted on and is proficient
benkay: there is
a php fee tho :(
benkay: that said we can always manage
a project and assemble
a team for the right price.
benkay: company line on php is "we're only interested in the project if the client is prepared to make
a large investment in moving away from php"
truffles: they should have
a subcategory "exotic plants"
Duffer1: it's
a great looking sight though, i love the homepage
benkay: the next development iteration is going to focus on putting
a 'buy' button next to each plant, redesigning the remaining pages that look like they're from 2006, taking people's money when they do click buy and turning into
a plant on their doorstep, using the 56+ nurseries the site owner already has relationships with for distributed development