log☇︎
281200+ entries in 1.97s
Vexual: TAT, there might be a market for some satoshi dust for petty jilted lovers
stephengandel: OK. So only 0.045 of a bitcoing. And it says the last price on a call for 050 is 0.05232243. So that's what someone would pay me if I could write a call?
stephengandel: And the collateral I would have to post to sell a $500 call would be .45 of a bitcoin?
ozbot: Bitcoin becoming a standard part of lawsuit discovery requests | Jeff Steinport
Vexual: https://js.gg/bitcoin-becoming-a-standard-part-of-lawsuit-discovery-requests/
stephengandel: Hi. Had to leave for a bit. Do the prices on mpex go down a lot?
jurov`: The reason Hendry doesn't own Bitcoin is because it's not available on a regular exchange, the report said.
nubbins`: honestly, i'm more than a bit surprised that i haven't managed to kill my starter yet
nubbins`: i just had a tuna sandwich
nubbins`: jurov`: maybe it's just me, but i think it's a bit silly to call yourself african-anything if you were born in north america
nubbins`: although the crumb *is* a bit nicer
nubbins`: i tried adding a bit more water this time, no difference
Vexual: try a batch of smaller laves with different kneads to troubleshoot
Vexual: got a doughmixer?
nubbins`: it's just a silly term
jurov`: but it's a term
nubbins`: anyway, i think "african-american" is a silly phrase
nubbins`: Namworld: America isn't a country
KRS|gotyawallet: Namworld I didnt think of that. I should tell my black friend he too must be a country..hmm.
Namworld: America is a country apparently. Black people are African-american. Then Africa must be a country too!
Vexual: nubbins, try a hotter oven re:sourdough
KRS|gotyawallet: haha a lot of people do
nubbins`: heh, thought you said "countries like africa" for a moment
KRS|gotyawallet: I think so too..the most positive article I read is how countries like china and countries in africa will be hoarding them because they are a perfect financial vessle for financial freedom
nubbins`: this is similar to a whale cashing out btc
nubbins`: when you win the lotto, you can get a lump sum payment of much lesser value, or you can get yearly/monthly payments that total a greater amount
KRS|gotyawallet: the article questions..why are these big chunks moving at all? maybe because people are realizing they are there and to shuffle them around a bit? idk
gribble: A market order to sell 140000 bitcoins right now would net 36138416.0754 USD and would take the last price down to 8.9066 USD, resulting in an average price of 258.1315 USD/BTC. | Data vintage: 187.7440 seconds
pankkake: history of bitcoin tells us you can lose up to 90% of your bitcoins a year and still be a winner!
ThickAsThieves: that in the regulated world such providers must have a lot of their own capital
ThickAsThieves: I thought he was gonna make a decent point,
nubbins`: what a fuckin dummy
gribble: A market order to sell 140000 bitcoins right now would net 36115590.7219 USD and would take the last price down to 8.9066 USD, resulting in an average price of 257.9685 USD/BTC. | Data vintage: 171.1354 seconds
gribble: A market order to sell 10000 bitcoins right now would net 10975877.1390 USD and would take the last price down to 960.6000 USD, resulting in an average price of 1097.5877 USD/BTC. | Data vintage: 98.6026 seconds
nubbins`: he seems to be operating under the assumption that exchanges aren't a place where buyers and sellers meet
gribble: A market order to sell 1000 bitcoins right now would net 1200802.9202 USD and would take the last price down to 1200.0200 USD, resulting in an average price of 1200.8029 USD/BTC. | Data vintage: 0.0629 seconds
kakobrekla: in a single tx
pankkake: jamespeerless: it will have a new, lower weight
nubbins`: couple weeks ago my wife and i ate a bunch of acid and played it for hours
ThickAsThieves: just a factor
ThickAsThieves: wasnt meant to be a joke
Ukyo: [12:34] <Ukyo> due to the situation with weex, i stopped issueing dividends on the loan for now. I am setting up a seperate claim/management system where users will either a. begin to get daily divs again, or b. be able to get all missed divs with payoff
ThickAsThieves: so not even a dent
ThickAsThieves: for about a month+
pankkake: I'd just make the IPO on a BTC address
stephengandel: is wrote an option the same as selling a call?
stephengandel: But again, to sell a call I would have to open a MPEx account?
stephengandel: I guess that's the advantage of buying a put rather than selling a call. Because if I sold a call I could lose an unlimited amount.
jurov`: thestringpuller: a bit of patience, maybe>
pankkake: I wonder if this is a "must have shares now" or not knowing
nubbins`: that's the firt time neobee has been > ipo for a while, i think?
stephengandel: add that to what I had left in my account, and I will have a total of 0.17468842 BTCs.
stephengandel: from the beginning, I buy my 0.1 bitcoin to open the account, which currently costs $110. Then I buy the put for $49, or 0.04537758 of a bitcoin, and then I have 0.05468842 left in my account. Let say the price of a bit coin drops to $500, and I exercise the option. I will get 0.12 bit coins when I exersize.
mike_c: thestringpuller:oh man whoever wrote those options is over exposed << not if they aren't speculating. if it is a miner hedging, then they aren't over-exposed.
mike_c: no, even in dollars, that's the point. It's a hedge against bitcoin dropping
stephengandel: OK so it would cost me $49, and if a bitcoin drops to 1000, then I lose $39. For me to start making bitcoins have to drop to $610. Is that right?
stephengandel: So I have to pay the selling price to buy a put?
stephengandel: but that's the price to sell. I am buying a put.
stephengandel: So if the price of a bitcoin went down to 1000 when the contract settled, I would make $10 minus the cost of the contract, or $3.80
stephengandel: what if bought a p110, which is essentially where the price is now right? It would cost me $6.19 a contract. Is that right?
ThickAsThieves: so you could then sell them at a profit
ThickAsThieves: well you'd be buying the bitcoins at a lower price than the current value if you surpass your premium
ThickAsThieves: but the price would still need to move a decent amount
stephengandel: Seems like selling a call I could make money even if they went down a little bit?
stephengandel: Is it different if I was selling a call vs. buying a put?
stephengandel: But I bought a put?
stephengandel: So for the p080 contract, it would cost me roughly $1.70 to but the contract., with bitcoins at a current 1100. What would I make if bitcoins go down to 1000 or 900?
ThickAsThieves: that's because a bot algo manages constant orders
stephengandel: where can I see the price of a put? Or am I not understanding this correctly.
stephengandel: that was the price to sell a call. Is it the same to buy a put?
stephengandel: OK. But if I bought a put on the 0.USD.C050T on coinbr, I would have to put up .44 of a BTC as collateral?
jcpham: Apocalyptic i'm not sure copying and pasting a link is promotion
ThickAsThieves: wouldnt mircea require a direct account for margin users?
jurov`: because it's a broker that enables users to use one shared mpex account
stephengandel: Yes. Trying to bet on a drop in the price of bitcoins.
ThickAsThieves: if you are trying to write and sell options that's a bit different
stephengandel: Is that of a bitcoin?
stephengandel: OK. On ICBIT there is a BTC/USC 12.13 contract that has a range of prices all above the current price of a bitcoin to USD. So I am guessing these are the strike prices? I was told that a contract costs $10. But that can't be the same for all the strike prices. I am trying to figure out what it costs to sell futures contract.
stephengandel: Hi. I am a reporter trying to understand bitcoin futures. Anyone willing to help?
nubbins`: anyway, gonna go eat a bunch
nubbins`: have been baking with it for over a year now
davout: nubbins`: i'm not sure they're supposed to rise a lot anyway in the oven
jborkl: ah, I thought you were having trouble taking a dump
nubbins`: trying to troubleshoot a loaf
pankkake: screen in a screen is the norm for me
mod6: screen in a screen, ho ho!
jborkl: well, I was reading how the Ravi is/might be a escort
truffles: there was a part 1
thestringpuller: i don't think Wiz has the capacity to write a love song, or music at all...
pankkake: "Despite many assuming the song is a reference to the colors of Pittsburgh, Pennsylvania's NFL team, the Pittsburgh Steelers, the song is actually about Khalifa's black-and-yellow striped car"
truffles: it wasnt a black guy nm
ThickAsThieves: "Alex Robinson you are a nigga lover. and you trying to make me just like you. shame that."
ThickAsThieves: i do like a few Wiz songs tho
truffles: he's a brit?
ThickAsThieves: An estimated 70 percent of the nearly 11,000 silent films produced in the US have been lost, according to a landmark study from the Library of Congress.
ThickAsThieves: <mircea_popescu> actually that's what i'd like to ipo : a telecom satellite launcher corp. <<< I'm so in
mircea_popescu: actually that's what i'd like to ipo : a telecom satellite launcher corp.
pankkake: amateur (in the good sense) wireless networking is easy in a city. but how do you go further?
mircea_popescu: i mean a similar argument could be brought that in somalia internet access is difficult, what with all the armed bandits
mircea_popescu: well conversely, i don't see the us as much of a point of interest anyway, it's on its last legs as is.