log☇︎
294300+ entries in 2.194s
kingofsports: i assume many of your offers are all robot based, do u have a set ROI u set your options at mircea? Like an edge of 5% for you or higher.
gribble: (last [--{from,in,on,with,without,regexp} <value>] [--nolimit]) -- Returns the last message matching the given criteria. --from requires a nick from whom the message came; --in requires a channel the message was sent to; --on requires a network the message was sent on; --with requires some string that had to be in the message; --regexp requires a regular expression the message must (1 more message)
kingofsports: is there a way to look at the options book for ASIC shares?
gribble: (last [--{from,in,on,with,without,regexp} <value>] [--nolimit]) -- Returns the last message matching the given criteria. --from requires a nick from whom the message came; --in requires a channel the message was sent to; --on requires a network the message was sent on; --with requires some string that had to be in the message; --regexp requires a regular expression the message must (1 more message)
mircea_popescu: futures are standardised contracts. you get cleared by a clearing house or somesuch
kingofsports: duh its a contract nvm.
mircea_popescu: what's in a video.
mircea_popescu: so if $100 right now for a ring i don't have to deliver for 16 months is worth 9900 for me, i'll offer that deal.
kingofsports: cmon im trying to understand it. I read about it but i still dont see why anyone would take a future when they could sell for more TODAY. i watched TDameritrade all their videos and simulations. Options understood, forex ehh understood for most part but futures i dont see the one side why anyone would do it.
kingofsports: what im saying is, how is it profitable to buy an offered future. Say bitcoins are selling for $130 today, and someone offers a 30 day future of $120. Why is there any demand for that future when someone could sell today for $130.
mircea_popescu: cool. so if you can either pay 10k for a wedding ring right now, or $100 for a wedding ring in 2015
kingofsports: i could def see how offering a future price could be profitablre.
kingofsports: i cant see how THAT MANY people would buy futures cause they are in a stuck postion til that length of time goes by, but futures are huge.
kingofsports: since u offer a lower price paid in 30 days
kingofsports: okay so offering a contract is always +EV i assume well in most cases.
kingofsports: such as options, where in many cases u never hold the stock u just lose or instantly profit if u buy at a strike price
kingofsports: is there any way of profiting from buying a futures contract if i dont have a position in that stock?
kingofsports: hey guys question regarding futures - why do people that are not hedging a postion they have buy futures? Generally future prices are below the today price of a stock or commodity. Why not just sell at todays price instead of 30 days from now if you arent trying to hedge something?
bob__: im now a bit millionaire ££££
Namworld: So by making business for business making businesses, we'd be pretty much referring businesses to a business generating business for said business we referred?
matuszed: Can i get a Board Seat>
kakobrekla: like 7% a week rich.
Namworld: Anyone realize a business making business would be somehow referring clients to a business or advertising.
pankkake: actually I have the best first word, just need a second one
pankkake: shit! I need to think of a new name then
gecko_x2: if i had a mining business, i would call it 'poopoo kaakaa'
gecko_x2: i will not be subjected to names that make me sound like a fucking ape
gecko_x2: i don't care if it's a 10 bagger
gecko_x2: i was a buyer at 0022
gecko_x2: i'm a buyer at 0014
mircea_popescu: once a bet closes of due time it doesn't resolve until the resolution date.
Anduck: or does it actually require a 400gh unit?
gecko_x2: don't want to be responsible for a global thermonuclear war and destroying mankind..
Anduck: but it still lacks a delivery of 400gh kit
gecko_x2: those coins are used to create a master key, derived from the hashes of those specific coins
gecko_x2: so now say for ex i want to hide a secret message for the world, to be revealed after 5 years
gecko_x2: which you could buy and use for locking information until a specific time in the future
gecko_x2: the blockchain allows for a new technology that might be revolutionary for a society
ThickAsThieves: i tried designing a new type of mining future that was shorter terms, more dynamic
mircea_popescu: lol so give him a break
ThickAsThieves: deadweasel it was a larger issue
gribble: Error: "nethash\" is not a valid command.
ThickAsThieves: it's good to poop at least once a day
mircea_popescu: it's a business house, not some sort of personal injury or w/e boutique.
mircea_popescu: ridell williams has a respectable corp/security practice
mircea_popescu: which isn't so bad, people do ask who;'s a good lawyer etc.
mircea_popescu: ThickAsThieves i suspect the entire exercise is more a sort of celebrity endorsement to get us to take ridell seriously
TomServo: Fair enough - I didn't mean a literal clown.
mircea_popescu: clown is a collective personage.
mircea_popescu: a that frieberg guy
mircea_popescu: and tyrying to open a new exchangwe when i fucking told them they have no business doing so w/o resolving the previouis
mircea_popescu: it's a shutdown which they claimed was one thing and then it turned out to be another,
mircea_popescu: JimmyJazz it's not "a few shutdowns"
JimmyJazz: I'm talking from a marketing background of changing the brand and image becuase of a few shutdowns. Does not make sense the strongest asset is the brand and that it is an alternative to Gox.
ThickAsThieves: maybe a face transplant too
mircea_popescu: when all his "important" friends assured him tjhey'll wash his corpse in ezxchange for a few meals ?
mircea_popescu: go make a bitbet, put whatever you got on yes, i'll match it.
mircea_popescu: bitcoin is small fry, it will probably start a number of wars.
mircea_popescu: cracked sha would cause a fucking tidal wave.
mircea_popescu: fractal well hypotethically what would happen is clothes going out of fashion and the world turning to a massive orgy, in that case.
jorash: fractal, the mining would be a very efficeint process, so mining wouldnt be a cost intensive process, you wouldnt need many nodes to keep mining
mircea_popescu: fractal it would doom the coin because the question "how did the seller get the coins" couldn't find a satisfactory answer soon enough
jorash: mircea, the only viability of a given service/product/system is the number of people using it. The intelligence is solely ont he people developing applications for bitcoin to make it easier and more secure and ubiquitous
jorash: I'm asking this question because I've got mixed reponse for people. They think increasing quickly to 21m would doom the coin, I tihnk it would be healthy since it would drop the price and allow many new buyers to get in cheap, which is a long term benefit for coin
fractal: jorash: buyers like me would put up a bid wall at $0.0001 for all the coins, if they tried to sell them all at market
jorash: (I'm with a startup planning to do this)
mircea_popescu: within a few months ltc would trade to btc just like btc trades to ltc now.
ThickAsThieves: we tested a sale on gox this week
mircea_popescu: there's going to be a funny situation of "we're closing down and will refund everything just after our good friend kenna is done refunding his custiomers"
chaang-noi: i do wonder if it is just a huge whale in panic mode
mircea_popescu: tomorrow i think it's getting resolved. seems a certainty at this point that no mattrer which way it goes there's going to be multuple bitchfests on btctalk etc
ThickAsThieves: there was a retracted article from thegenesisblock pointing out gox might have serious issues\
chaang-noi: and i was thinking wow, what a slow day...
matuszed: if theres gonna be a run on the bank its going to be interesting
ThickAsThieves: if it really is a liquidity problem, then I expect we'll see more pronounced symptoms
chaang-noi: well, that has been the trend for a few weeks now, it could break now but has been interesting
chaang-noi: oh shit, gox just had a huge buy
thestringpuller: one sec will do that once I get to school gotta go afk for a bit for the commute, thanks mang!
mircea_popescu: he's a mimbo.
mircea_popescu: dude you've picked a good one. the male bimbo.
ThickAsThieves: you call that a callout?
mircea_popescu: thestringpuller "Ford dropped out of NYU after only a year, preferring to concentrate on acting in television commercials; at one time, he was in 12 national advertising campaigns simultaneously."
San1ty_: have a nice weekend guys
ThickAsThieves: <San1ty_> ThickAsThieves: Maybe a Derp question, but what happens with your assets if Havelock would have an irrecoverable DB crash? <<< there are backups
San1ty_: ThickAsThieves: Maybe a Derp question, but what happens with your assets if Havelock would have an irrecoverable DB crash?
mircea_popescu: yeah, and if that chain is 10`000 units long you go make a miner to rebuild from scratch
gecko_x2: a few seconds to restore
gecko_x2: a few seconds to transfer off site
gecko_x2: a few seconds to take the snapshot
gecko_x2: subsequential backups a fraction of that
gecko_x2: so a backup of a TB hdd would be about 500 GB
gecko_x2: the first backup is simply a snapshot of changed bits since zero
gecko_x2: with btrfs making a backup is simply taking a snapshot of the changed data since last backup
gecko_x2: ur arguing about shit that doesn't matter in a CoW world
mircea_popescu: gecko_gs2 it's just a lousy server hostying a buncha blogs.
gecko_x2: then you would have restored your site yesterday in a few seconds
mircea_popescu: if a hdd pops you just pluck it out and put a new one back in
mircea_popescu: pankkake on the mpex system i have a 1+0 hotswappable work of wonder.
thestringpuller: did the entire raid array die or just a few drives in the array?
mircea_popescu: gecko_gs2 what about like when it dies in flames and you have to keep a production server offline for 20 hours while you pi8ck up the pieces!