log☇︎
286400+ entries in 2.12s
BitHub: just analysing what i should do with the mpoe stock
pgp: ok - so - why are "colored coins" such a bad idea? I am not suggesting any sort of p2p exchange, just ledgering and the ability to trade you shares on differenet exchanges.
qxzn: pgp: "I'm refering to a idea about moving asset custody. For example, why not have a mechnism "like" the blockchain to move ASICM to whatever exchange you want." this sounds a lot like ripple
BitHub: hey mp do you have mpex upgrade/revampl plans for the next few months posted on your blog i could read about?
mircea_popescu: unlike the horrorshow of glbse etc emails, this is the actual standard i'd say.
TomServo: mircea_popescu: I didn't realize bitvps was listed on mpex originally. Why the transfer?
TomServo: I will take a look. Honestly, I don't know much other than it sounds like the glbse closure was a fuckshow.
mircea_popescu: TomServo well i don't see how it'd do better than what's currently in place atm
TomServo: Or an owner of assets on a failed exchange, I should say.
furuknap: I don't know, that's the point. If I had the solution, I would tell you, honestly :-)
furuknap: OK, so here's one problem that current asset market doesn't solve. Insider trading or what we consider unethical price manipulation, legal or otherwise. I don't have a solution, but a BTC-based or derived system may bring forth ideas that could control or somehow reverse illegal actions, as defined by whatever jurisdiction.
mircea_popescu: what i didn't see was the solution
mircea_popescu: no, actually i saw the problems
furuknap: I'll still argue that you're stuck, though, mp. Colored coins in the BTC blockchain may not work, but nothing prevents an alternate chain, tailored to the needs of an asset market, to evolve. Thinking in terms of what is possible or conceivable now is limiting.
mircea_popescu: that i am not biased, but in a perfect position to implement it
pgp: I read it - what are you specifically referring to?
pgp: I'm refering to a idea about moving asset custody. For example, why not have a mechnism "like" the blockchain to move ASICM to whatever exchange you want.
jurov: [00:05] just below <mircea_popescu> ;;google why i nixed jazz
pgp: I did not read the trilema article about decentralized exchanges - link?
jurov: so i think yes the ownership can and will be tracked by some blockchain mechanism
gribble: Why I nixed p2p, colored coins and all that jazz pe Trilema - Un blog ...: <http://polimedia.us/trilema/2013/why-i-nixed-p2p-colored-coins-and-all-that-jazz/>; Why King County nixed woman's marriage to a corporation in ...: <http://www.kplu.org/post/why-king-county-nixed-woman-s-marriage-corporation-seattle>; The five spot: Where can I see real jazz played in town? | Las Vegas (1 more message)
mircea_popescu: ;;google why i nixed jazz
jurov: pgp i actually stumbled upon similar txs
kakobrekla: 23:50.17 ( pgp ) question: is there anything preventing the creation of a transaction for 0 BTC, < yes, with 0.8xx theres a min set... cant have txes smaller than i dont remember howmany satoshi
pgp: the reason i ask is that all the passthru nonsense seems so cumbersome - seems to me like you could use the block chain to move shares around, no?
parseval: I'm glad that worked for you inhies
fiat500: good thing i didnt bother with difficulty futures :P
aknap3: but I'd be there all the time otherwise -- plus, I'm Canadian
topace: i glance here from time to time
aknap3: for my own trading, I don't use it because I prefer to play options
topace: <-- i run havelock
aknap3: I think the setup for transfering between there and mpex has great potential, actually a model that should be copied
aknap3: I have an account there. tried it once.
furuknap: mp, I hadn't seen that internet story video. Very, very cool, thanks for sharing.
fiat500: i mean, its going to take 6 months worth of divs to make an amount equivalent to what ive made simply due to appreciation
aknap3: also why I like calls so much
aknap3: but I don't have any shares right now :)
aknap3: If I were to dump, I'd do it on a Tuesday
fiat500: i saw it
kakobrekla: ah i see in topic
ThickAsThieves: I was considering waiving my mgmt fee for a while
furuknap: "And to sweeten the deal and get those shares moving I've decided to chuck in my bitcoin advertising earnings from my NSFW monetized Porn blogs as a monthly bonus dividend" <- I mean, c'mon, how can one _not_ take the mining asset market seriously?
ThickAsThieves: well, i'll get on the board and warn them
furuknap: mp, I think I also spoke to that no later than today somewhere :-) Look, I think I understand what you mean, and if I do, my analysis follows that suit, albeit with likely different evaluations of risk and hope.
mircea_popescu: i am personally convinced that satoshi deliberately created the mining trap
furuknap: The commoditizaion is why I want to look at profitability in mining companies over the long term, and thus why I sold out of AM earlier.
furuknap: I've read it previously. I was attending that thread a bit later on.
furuknap: I also know that, I'm a big fan of numbersd, remember? :-) I've run the scenarios so many times I see Excel sheets in the back of my eyelids when I blink.
furuknap: *...I hold some mining assets
furuknap: Oh, I know that. Mining is an investment in dropping prices. I hate it every time I see BTC go up because I hold some mining
furuknap: This is the halving effect I've been touting for the past few weeks in practice. We know that once a more powerful bond comes online, the less powerful bonds will drop in dividends. It's simple math, plus and minus. So why aren't anyone even noticing this?
ThickAsThieves: personally i dont understand why anyone would buy a fixed-hash mining asset, unless they were trying to short-term speculate to sell
furuknap: You would somehow expect that if PAJKA (or any other bond, really, I'm not picking on them) would be dropping in price to match the value of the share once more powerful bonds like 100TH (or anyone, really and I'm not praising them either) come online.
furuknap: I would argue mad, and by mad I mean that there is no correlation between numbers and decisions and people seem to not notice in the least.
deadweasel: i'm home
deadweasel: i love it
deadweasel: i think the whole of BTC are borderline personalities
deadweasel: i've spent more time and money setting up my miners than I'll EVAR get back.
furuknap: The mining asset market is completely bonkers. Absolutely insane. Its investors are equally utterly and undeniably mad. Most likley, that includes me. There, now I said it. Carry on.
inhies: furuknap: i can only hope :D
jborkl: I will also be selling O.USD.C170N = Same terms as above. bot price * 0.75 = my price
ThickAsThieves: i know Deprived has some experience in that area
ThickAsThieves: maybe i should start a bot-hunting team
ThickAsThieves: i could keep pushing an ask of my own
ThickAsThieves: like if i wanna find it's lowest ask
ThickAsThieves: i imagine stock exchange bots could also be gamed then
qxzn: I sorta throw all that into my case #3
jborkl: I anyone is interested, O.USD.P125N < I will sell these puts starting tomorrow = bot current price * .75 = my price
ThickAsThieves: can you not picture an envorinment where people say "I dont trade on X, too many f'n bots"
mircea_popescu: <qxzn> eh, I'm skeptical of the valuable of having a bunch of novice traders bouncing around these exchanges <<
qxzn: eh, I'm skeptical of the valuable of having a bunch of novice traders bouncing around these exchanges
ThickAsThieves: and i imagine it frustrates the newly initiated
ThickAsThieves: i manage,
qxzn: (by "without a computer" i mean "without a bot")
ThickAsThieves: i mixed it in, apologies
ThickAsThieves: i was referring to stock exchanges
ThickAsThieves: it would be hard, but I wish there was a way to study it
ThickAsThieves: i'm a heavy trader
mircea_popescu: i don't see the problem. people setting their own bots to marketmake provides liquidity.
ThickAsThieves: i think bitting is bad for relatively small markets
ThickAsThieves: if i had a site like that I'd fuck with the html daily to mess with botters
qxzn: kokbrekla yeah that's what I mean
mircea_popescu: yeah i was gonna say, it's pretty much in the html dom
kakobrekla: uh i hope you use some html dom instead
qxzn: mircea_popescu It's funny, I actually tend not to encourage sites to make apis as I know I can screen-scrape and have less competition :P
mircea_popescu: i think you'll have to talk to kakobrekla about that.
qxzn: mircea_popescu I haven't looked closely at bitbet yet, but like getting the current odds and the sizes behind the odds, I suppose.
ThickAsThieves: i bet he sorted that one has higher odds
Scrat: I won't say!
Scrat: i am in that bitbet
ThickAsThieves: but i could
mircea_popescu: yeah, too bfl-ish i think
ThickAsThieves: I'm surprised that bet was allowed
truffles: i think im going to have to watch some shark tank to help heh
deadweasel: nope, not unless I had 50MW of solar power generation and shit ton of supercaps
deadweasel: i don't know
deadweasel: nope, but I'll watch later, thanks aknap3
deadweasel: while i'm not working at the office, I'm also not watching youtube. much easier to pretend work in terminal window
Chaaang-Noi: i dont know the story i guess'
Chaaang-Noi: i thought rg scammed or failed with bitvps or whaever