log☇︎
299100+ entries in 2.432s
thestrin1puller: am I the only one who feels bad for this month's bond holders?
thestrin1puller: all the way up to 200 I see :)
taub: they are binary options yea? dont think i quite understand their pricing from 0 to 1
thestrin1puller: "You can't pull yourself up by your breeches and for the very same reason you can't have everybody in the market hedge. Someone needs to provide the support everyone else relies on to hedge. I'm that someone." - MP
benkay: thanks mp, i understand the mechanism a little better now. what I still don't understand is what the MPOE bot is up to.
thestrin1puller: doesn't i say that in your faq?
mircea_popescu: the moment i go in the market to hedge i'm basically releasing all the risk out there. this isn't waht mpoe does. mpoe just soaks up the risk.
mircea_popescu: i'm not trading volatility, i'm actually providing the hedge endpoint.
taub: i dont think thats how real option issuer work tho
mircea_popescu: i'm just flipping it.
mircea_popescu: this is what it does. if i go buy safety somewhere else then i'm no longer PROVIDING it
benkay: I don't understand the phrase "seller of safety in btc".
jurov: lol all the hate. inbetween, coinbr got possibly most deposits in one day in few hrs i was afk
benkay: i also do not understand the option bot's behavior.
taub: the exchange i solid
taub: in forex i thought it was, a broker taht assumes most of their customers are gonna lose money
mircea_popescu: i don't follow your logic.
taub: I guess I can now go to my grave having contributed ~15k BTC of my own to the stabilisation of BTC <- was that big push you yesterday? :>
Scrat: the trolling potential of this channel is quite high. how could I miss this
thestrin1puller: I've used the same model for some of my real life ventures, it's a very good model in that you view capital as "equipment"
mircea_popescu: as in, i don't set a %, i just take whatever the max was
mircea_popescu: well ya on this month. i rarely participate in the actual market.
ThickAsThieves: i see
mircea_popescu: thestrin1puller they are lol. i hold most of mpoe and held most of the bond book >.<
mircea_popescu: then again... i guess i can see it. shareholders don't care, not their skin. made a 39 per which is not really much lower than usual
Bugpowder: Ciuciu is back! I thought he was gone after robbing everyone
mircea_popescu: i tell you, running the options book is the worst fucking racket there is. when you get no trade you're depressed, when you do get trade you're worried.
mircea_popescu: fucking hell am i going to be paying .6 btc worth 200 each on these ?
OneMiner: I personally don't know and don't hold any of this asset. But I'm being prevented from listening to any intelligent talk about the issue by trolling.Wether you think you are justified or not.
ThickAsThieves: i dont see any fraud either
Bugpowder: Not seeing it. I'm seeing clear contracts traded and honored
Bugpowder: And for me, if I don't see what I consider to be mispriced options, I'm not going to buy them
ThickAsThieves: i'm about to put you two back on ignore fml
mircea_popescu: if not enough bonds sell i'm covering.
mircea_popescu: ThickAsThieves i've always backstopped the bot, since day one.
Bugpowder: I'm sure u could tweak the ago
ThickAsThieves: right, so rather than litter this chan with bitching, I'm just asking what I think is a sensible question,
ThickAsThieves: i thought you were chiding MP, not Erik
ThickAsThieves: MPs losses are a small portion of his assets, but I have to assume he will asjust exposure of the bot after this, no?
ThickAsThieves: Bug who are you talking to, i must have them on ignore
ThickAsThieves: but if MP lost that much covering the bonds, I'd like to hear if changes have been made to mitigate
Bugpowder: I wish I had all the gains.
ThickAsThieves: i blame me
ThickAsThieves: i lost some too
ThickAsThieves: i have bids up, was just fishing to see if there were any sellers inside the spread that dont have asks up
ThickAsThieves: i use all of them
mircea_popescu: i have no idea tbh
mircea_popescu: i'd hope they have their own email ><
pigeons: m-i-c
Chaang-Noi: yeah, i dont trust him
Chaang-Noi: i forget the otehrs
Chaang-Noi: i expect Og to be the scammer of the group
jurov: especially some i'd like to bet moar
MJR_III: i do like the mermaid
jurov: and i'll be awarding ravaging mermaid
mircea_popescu: i'm gonna have to come up with criteria to award these now
MJR_III: i think that award will be worth a lot in the future...i would like to be a recipient of the double cherry truck award, but i think that the moody's triple a rating will be slightly smoky dragon
jurov: MJR_III: i guess once btc will rise enough, i can find lawyer to pick the case pro bono
mircea_popescu: i retain all rights!
jurov: yea. that was actually second time i won some such contest
jurov: yea, i have drawn it and awarded mpex. got 5btc in return :)
MJR_III: i take it you are a recipient of the double cherry truck award?
jurov: oh yes, i must tell to deprived they weren't in order
MJR_III: and i think economics forgets that at times
mircea_popescu: fucking worth a million and a half i tell you
mircea_popescu: i might have lost 15k rthis month, but on the upside who the duck else has monthly report and whole mpsic changeover in 2 hours ?
MJR_III: i'm short at 92
MJR_III: i think so
mircea_popescu: i'll be damned... everything seems in order ?
jurov: yes i stand corrected
MJR_III: i mostly want to do it for the cool jackets...
MJR_III: i think it would be
Diablo-D3: but I bought a bowl and everything :<
Diablo-D3: jurov: I like the cut of his jib
Diablo-D3: no because I have no clue wtf it says
MJR_III: but if i was long that call i would have rather gone to 74
MJR_III: unless you were short i suppose
MJR_III: lol, thats why i should use gribble
MJR_III: i thought
jurov: if i'm to believe this oocalc thing
taub: i dont like this price action one bit
mircea_popescu: actually i see it 91.05 atm ?
mircea_popescu: i forgot the red lines
MJR_III: 41 calls is what i got
MJR_III: i mean
MJR_III: tcp\ip = cisco i think
KRS1: sorry i mean addressing method
MJR_III: i wonder...how will ipv6 change the DDOS landscape
MJR_III: i exercised at 71, what a sucker i am
MJR_III: fuck when i finally got back on bitfinex i am greeted by the position i didn't know i had
MJR_III: i'm just curious
KRS1: i think i see what you are saying
MJR_III: but for example, i am setting up an stunnel to bitfloor
MJR_III: but my point is that as far as i know there is no device with unlimited capacity
MJR_III: no i understand
MJR_III: well, i think every piece of hardware will have a limit
KRS1: i know a bit about it being in IT but i'm not an expert in that area
KRS1: i dont think there is such a thing MJR
taub: yea, its the least worst exchange i've seen
MJR_III: bitfloor has the best response time i think