log☇︎
281500+ entries in 1.927s
dub: countrer problem is theres a lot more retards in the market
mircea_popescu: the btc price i mean. to get 1 btc that way you need a lot of retards.
BingoBoingo: damagebritain: If you have AM, maybe hold it for a while and dump it if the share price spikes when their next gen shit comes online, provided they actually have next gen shit.
mircea_popescu: but it's a mining venture. it's mostly going to go lower.
mircea_popescu: damagebritain probably a better choice than most alternatives.
pankkake: so, now saying "paragon of retardation" is grounds for getting a post deleted. mods=fags
mircea_popescu: <jborkl> ah only a 23,000 btc valuation << wehat!
jborkl: ah only a 23,000 btc valuation
nubbins`: jborkl: it's a lot of things.
mircea_popescu: someone should ipo a Topless Salesman Catching Brigade.
mircea_popescu: a 500 btc carpal tunnel!
mircea_popescu: but yeah, wait until bentley figures out that there's these dudes who routinely pay 500k for a car and don't even expect it to fly.
kakobrekla: and i drive half a mio usd car.
mircea_popescu: so here's a random thought : about a year and a half ago i bought a pair of bitcoin engraved cufflinks from a guy that did a custom cufflink run
mircea_popescu: fucking artists with their complicated shoes. impossible to get a hold of. ☟︎
pankkake: https://bitcointalk.org/index.php?topic=177747.msg2409842#msg2409842 thankfully I never went further. but I remember the response "you are beginning to get a picture of how much financial damage Deprived has caused me"
jcpham: this has only been a thing for about an hour now
BingoBoingo: mircea_popescu: Of course. In daytrading adventures though I was burned in february waiting for a crash or Flashcrash that never happened. Nao I hedge and bet to hedge, but largely hold things.
mircea_popescu: it's a very volatile market.
mircea_popescu: it proved do be only temporary, they may end up with a loss.
benkay: stephengandel: this is a channel of people who expect bitcoin to be the world reserve currency.
mircea_popescu: stephengandel someone sold a lot of calls short yesterday, right before the drop.
mircea_popescu: stephengandel you can also review the mpex monthly reports to see about how option trading has fared historically. a count of sold/bought contracts by the bot is provided in each
stephengandel: gotcha. Will give it a try and let you know how it goes.
kleeck: Hope to soon have a similar article involving Armandi and Tatti. :D
mircea_popescu: BingoBoingo if he expects a drop then holding the bitcoin isn't particularly wise.
mircea_popescu: "A 29-year-old suspect surnamed Liu allegedly began operating GBL trading platform on May 27 of this year, according to police in Dongyang City in east China’s Zhejiang Province."
mike_c: *served by a broker
mircea_popescu: think of mpex as the nyse, which is what it is. for most purposes you won't acquire a seat in the pit.
mircea_popescu: stephengandel if your budged is in the bitcoin range, and your technical sophistication low you are best served by a bitcoin.
stephengandel: OK. So if I am going to short one bitcoin, or a fraction of a bitcoin, it makes more sense for me to go through a broker than do it with MPeX. Is that right?
mircea_popescu: a lot of busywork it is.
mircea_popescu: anywya. there's definitely a living to be earned doing this sort of hussling.
pankkake: but it's also how you sell it. if you're a trusted seller, have nice pics, description, it gets higher
mircea_popescu: i'll beat that story : a major romanian retailer bought ~100 laptops off a competitor, which the competitor was selling discounted,
pankkake: once I bought a full pc, I accidentaly broke the motherboard, sold off the parts, got more money :|
mircea_popescu: more like a tupperware party than an auction, but anyway.
mircea_popescu: i nearly fell over laughing, all the housewives being all business-serious and bidding a hundred on some lamp
mircea_popescu: mike_c should be a crime if you ask me.
mircea_popescu: in this parallel universe you can have an auction with a "starting bid" of 1 and a "reserve" of 10 which means that unless it reaches 10 the item doesn't sell.
mircea_popescu: mike_c they do this thing where they announce a "starting bid" but it's not the actual starting bid
mircea_popescu: jborkl can you imagine how the nyse would look if they'd get a call in the matter ?
mircea_popescu: who doesn't need a bitcoin ?
mircea_popescu: this isn;'t a bad thing.
kakobrekla: a handfulls
pankkake: not safe for your brain. yet again we have a guy who thinks btc "inaccessible" and thus wants altcoins. and another guy who wants to buy a miner. both never had any bitcoin
jborkl: so, not a bad deal for that scenario
jborkl: so, it would require a large investment to make it worth buying for any amount
jborkl: yeah, a few months ago
mircea_popescu: say a bitcent or w/e
mircea_popescu: pankkake i think some of the older people with actual wallets send a little just out of sheer trollery
mircea_popescu: pankkake you know, i should prolly have pr make a trhead, MPOE BONDS LOST 3K LAST MONTH~!11 plz donate.
jborkl: I can sum it up for you 1. I can't get my blade to hash 2. I lost ma bitcoin 3. I have a amazing company (give me bitcoin)
mircea_popescu: it strikes me that maybe not many years later we will look upon the early days with nostalgia, drowned in a sea of banal crap.
BingoBoingo: mircea_popescu: Maybe swap out the motor with one from a dump truck? Might make the drama more fun to drive.
stephengandel: should be. Sorry just got a call from an unhappy Wall Street PR guy.
mircea_popescu: stephengandel you know, you write a lot. i thought the job of the senior editor is more along the lines of throwing out the hard work of all the junior editors.
mircea_popescu: stephengandel depends of what your idea of shorting bitcoins is like. but you can buy puts through a broker, yes.
kleeck: "But, as with many things in life, you have to just suck it up and do it, which is why I’m here to make a case for swallowing spooge."
stephengandel: So, $30,000? Can you short bitcoins through a broker?
mircea_popescu: pankkake this is why you keep a bottle of nice cognac or tuica or w/e on hand.
mircea_popescu: got a lot of daily mail in your treasure chest ?
pankkake: me neither. it's a sentimal thing
mircea_popescu: it s a choker lol
pankkake: she even has a collar!
benkay: drape each on a babe
benkay: that way i can split a wallet across 3 items of decorate
pankkake: I've been infiltrating a private silverbug forum
mircea_popescu: anyway, getting back on topic for just a moment, from what i'm seeing the internet metal bugs are actually beginning to move to crypto.
nubbins`: take a triple exposure, advance a half-frame, take a double, etc
mircea_popescu: and no, i had a smecma.
nubbins`: seriously, have you ever taken pictures with a holga?
mircea_popescu: benkay it's funny that the game requires the playerbase to use a lot of math, which the developers themselves can't apply.
mircea_popescu: wtf, it's barely at the level of a 1990 atari game.
mircea_popescu: but w/e, i occasionally fly a mk1 ferrox, just, been kinda busy these motnhs
mircea_popescu: i'm often in a shuttle
diametric: mircea_popescu: I have a friend like that, I don't think he's been in space except to move between hubs and manage his orders.
zboralski: corp robbery with a freighter was fun too.
zboralski: a lot of people on k.com don't play anymore.
zboralski: the last time I played I hijacked a dev account and couldn't figure out how to get out of that Jove system which didn't have any gates.
diametric: but I hear TEST has gone to FW after the moon redistribution or whatever.. I haven't played for over a year now.
diametric: I do miss being in fleets and having a massive blob
diametric: zboralski: oh cool, flew a lot with PL when the HBC was formed
diametric: I think at my most addictive moment I had almost a dozen accounts going...
diametric: was a lot of fun, I also played in Goons as well with a few accounts.
diametric: its been a while since I played.
mircea_popescu: s a sovereign corporation. best of both worlds.
ThickAsThieves: cool, i enjoyed my last trip there, but it was a looong time ago, as a touring punk
zboralski: one of the directors of Band of Brothers was a dev and was cheating by printing tech 2 BPOs
pankkake: you can get banned from a video game?
mircea_popescu: there are two types of kings in the world : those who have a collection of various mages, and those who have a delusionist.
ThickAsThieves: "A technical expert with management skills, Pakosh is a serial entrepreneur with a 30-year record of identifying trends"
mircea_popescu: that's because it IS a videogame forum
nubbins`: brutal color scheme, looks like a video game forum
nubbins`: if they lose their shirts because of a price fluctuation, people lose their jobs
nubbins`: the problem is that in any industry, at some point up the chain, you find a business who simply is not willing to take the risk of accepting btc
pankkake: what kind of industries could be "in a bitcoin loop" the easiest?
ThickAsThieves: but that feels like a band-aid
ThickAsThieves: a useful service would be one that auto bought ccoins you spent i guess
nubbins`: tat, too true, it's a hard sell tho