log☇︎
294700+ entries in 1.9s
Namworld: I have my spreadsheet tools, should be able to fetch all data you need
BitHub: i'll pay
ThickAsThieves: I think it's just semantics to most
taub: hft does contribute, but you can't even hft on any bitcoin exchaneg so i dont know why people keep bitching
MJR_: i guess its min/max value
jcpham: http://www.247btc.com/bitcoins/134/how-i-would-manipulate-the-bitcoin-exchange-market-and-how-a-discrete-double-auction-could-stop-me/
lippoper1: i kid :-)
mircea_popescu: anyway, i'd love to stay and chat but i'm due in some meetings. we continue later.
mircea_popescu: anyway. the bot's pricing algo is proprietary, yes. i don't see why it wouldn't be.
mircea_popescu: i don't mind it, especialyl if it makes sense.
unbalanced_: b) it's growing exactly as fast as you want it to. If you want it to grow faster or slower, you know what to do better than I.
unbalanced_: I just wanted MPEX to be more popular, but I get now that a) that
unbalanced_: mircea_popescu: I concede. It's rude of me to walk into your house and criticize your wallpaper and the art on the walls.
ezdiy: mircea_popescu: true, in case of 1KBTC i'd have my own doubts regarding your put-call parity :)
jcpham: i can understand the referece
jcpham: i bet vetting people with a large fee to play has been successful
mircea_popescu: jcpham you know for the record i've not yet had problems with margined ppl.
ezdiy: i see
mircea_popescu: then maybe i'll margin you.
mircea_popescu: clueless internet warriors who have definitive answers to things they read on wikipedia. i don't want to empower you folks.
ezdiy: mircea_popescu: but i guess you have a liquidity problem so you cant force liquidate positions
mircea_popescu: <ezdiy> how do i margin trade on mpex? << you apply for it.
ezdiy: though i think bucket shops are legit in .ro so no issue here
mircea_popescu: unbalanced_ well... so silicon angle doesn't do research. i had no idea they existed.
taub: I thought this was about coinsetter ;)
ezdiy: so i doubt it
taub: i konw ezdiy
jcpham: i kinda think if your position is large enough (on margin) and coinsetter can take advantage of it, it will
taub: i'm not sure if it IS a buckt shop
pgp: but I'm not sure how they'll get around usuary laws in US...
ezdiy: in the long run, i think traditional forex instruments are not really aplicable to bitcoin
ezdiy: taub: anyone except the exchange should issue options i think :)
taub: and partly because of lack of users i'd imagine
unbalanced_: I just want to broaden the base of MPEX users, I don't mean to be trollin'.
ezdiy: how do i margin trade on mpex?
unbalanced_: Meanwhile I think we'd all benefit from more liquidity and participants in MPEX.
mircea_popescu: if it were something anyone could do i wouldn't even have bothered doing it myself.
mircea_popescu: i think over time it will get most.
mircea_popescu: pgp it's funny but i think gold is doing a bitcoin.
unbalanced_: I hate seeing these articles now where people are discussing plans for trading options on bitcoin and MPEX isn't even mentioned. That's all I'm getting at, let's get them to notice what you've built here.
Bugpowder: yah I saw that pic
mircea_popescu: i think they;'ve sold the cyprus gold on the market.
unbalanced_: I totally respect the tech tho
mircea_popescu: i was thinking more like irl mining
mircea_popescu: maybe i'm overstating my herd concerns as personal bias.
mircea_popescu: Bugpowder i think perhaps you have a good point there, it does move like a biotech
unbalanced_: Anywhoo, I'm saying I agree that MPEX is the biggest and the best game in town. I'd like more people to know about it and I think the site is not just unattractive, it prevents people from taking it seriously.
unbalanced_: I respect the math/investment opinions, so I'm not going anywhere. I could just do without you playing to the mentality of teenage boys while you simultaneously express distaste for unsophisticated noobs (a high proportion of which are likely that same demographic).
taub: i mean your job should be to run the exchange, not really worry about volatility
mircea_popescu: let me illustrate this point, and i won't even use tits.
unbalanced_: I want to see bitcoin and sophisticated discussion of BTC assets get more widespread. This channel is the best their is but cuts off half the population.
mircea_popescu: even so i am more worried by things such as sdice going to 75 then to 29 for no apparent reason
mircea_popescu: last i looked, yes.
mircea_popescu: unbalanced_ everyone, as in, the people who took btc to 260 when i told them not to go over 130 ? why does one want this everyone muddling throuhg ?
unbalanced_: Aw I said true before I knew we were going to sextown.
unbalanced_: Agreed, I think you're just one $15 home page template away from being at the top of everyone's lists when it comes to BTC assets.
mircea_popescu: i think it shall prevail.
pgp: I think that model is correct.
error4733: 350$ was a bargain i knew it hehe
mircea_popescu: i havce no idea why people represent this in terms of them buying something.
taub: i'd take one for 10 maybe
pgp: I like it at 60%, but I like it more at 85% off
gribble: I doubt it very much.
pgp: anyway - I think short-term trend is lower myself... need to retest bottom
Framedragger: and i'm trying to trade goods over coin, it hurts the brain
punkman: it is? I'm not a big fan
error4733: yes but if i sold my car i thinks i get 12bt haha
error4733: what can i do with 12btc ?
error4733: i wish have like 100btc for fun to play with gribble
ThickAsThieves: i think it might be trading, but not reporting
mircea_popescu: i imagined.
asciilifeform: mircea_popescu: I am interested in the question of virile fucktopias because I am interested in "the science of the possible." that is, "the is" vs. the idiot "the ought" that most scholarship tends to be about.
asciilifeform: but I still think the abstraction is a useful one.
mircea_popescu: yes, i did.
thestringpuller: did I really just come back to "getting a girl to suck your cock is no proof you're loved.
mircea_popescu: i don't think that implication works.
asciilifeform: a better example: Hassan-i Sabbah
mircea_popescu: i don't feel particularly lamer than them so.
asciilifeform: mircea_popescu: the ancients were a different kind of animal from us. they had notions of aristocracy/future-oriented behavour. vs. the tinted window crowd, for whom "I plug the other guy -> get double the gold" is the order of the day.
asciilifeform: mircea_popescu: point. but I'm not certain it would scale.
mircea_popescu: i don;'t think they cared either way and in the end i don't think they fought for that either.
mircea_popescu: i don't credit this very womanly approach to history.
mircea_popescu: i never met stalin or jukov, but i can take an oath stalin only fucked jukov because jukov pissed him off.
mircea_popescu: i think the problem is something along these lines : young cock gets into night club, sees successful local mobster with the three girls dotting on him. figures this is a cool squarejaw, he's forcing these women to do such things.
mircea_popescu: tell hemingway "could you rewrite this ? all the m's and w's use so much ink... try writing with more i's instead"
asciilifeform: I think Rome could learn; "BitDenarius..."
mircea_popescu: in rome i'd have probably driven them up the wall with my globalist ideas.
mircea_popescu: i just happen to be able to fit more on my bus than the current fashion
Namworld: Involves waiting a few weeks, and I don't trust other exchanges enough to deposit there.
Namworld: I use MtGox. Albeit not to daytrade, it's too damn slow for that.
mircea_popescu: i seriously don't know anyone who's neither a noob or an idiot seriously using mtgox.
mircea_popescu: sure, garbage bins almost always have some food in them. i wouldn't call this a "brand"
mircea_popescu: i don't see any value there.
asciilifeform: mircea_popescu: as far as I can tell, its shirt is still on. and the operator is laughing all the way to the (fiat) bank.
asciilifeform: I suspect, but cannot prove, that the people making the real money on BTC regardless of ups/downs are front-running exchanges.
mircea_popescu: possibly not. i think we're discussing very slightly different things
ThickAsThieves: i dont think either of your perspectives is totally relavant
mircea_popescu: this presumption is exactly what i'm attacking.
ThickAsThieves: but maybe i'm putting words in his mouth
ThickAsThieves: i think mp just meant that in the scheme of things, betting small in high qty is no better than big in low qty