log☇︎
299600+ entries in 2.131s
copumpkin: MJR_III: I think paulson made 4.8 one year
smickles: MJR_III: i'm sure you could get a good idea from the data out there now. the main thing would be wether or not there will come some outside influence on their operations
MJR_III: i mostly think that it is necessary for the price to get to that level so we can start doing real institutional stuff
smickles: the laptop i bought with btc at the begining of this week is named "btc9001"
Diablo-D3: I just need enough money to start DMC
MJR_III: Diablo-D3: yep...i can't wait
Diablo-D3: I wish BTC would get to $1000 already
Chaang-Noi: last night i bet it was thicker than what it is now, that is a massive sell off
MJR_III: i literally don't even know why someone would do that
Chaang-Noi: i mean the one last night, the huge harket sell order
smickles: oh, ya know, i have like 30k carry-over from my rental property. I'm not going to pay fed. income tax unless i do a lot better
KRS1: smickles, this im wasting my time aren't I
smickles: i think a lot do, but they don't have to
smickles: this'll be the first year i have to pay fed. income tax, unless i'm mistaken
smickles: copumpkin: lol, i dunno
smickles: MJR_III: well, i declared some last year, and i've already bought some things with it this yeear, so yeah, i think i'll declare it
copumpkin: I disagreed with tiberiusiv so I'm clearly in the 10% bracket
smickles: i may be poor, but i think i've gone into the next tax bracket
MJR_III: yeah i started playing around with it back in 11...trying to do an fpga miner
MJR_III: i jailbroke the first iphone on 1.0x
copumpkin: I think last real iphone work I did was 2009/10?
MJR_III: but i definitely recognize that handle
MJR_III: but wasn't sure, but i've been a big fan of your work for a long time
copumpkin: I'm not particularly famous :P
MJR_III: i thought it was you
copumpkin: I poked him at some point
MJR_III: i wish cydia would take btc
MJR_III: wow i am honored
copumpkin: MJR_III: I used to be, yep
copumpkin: I really don't know
copumpkin: I haven't looked into the regulations surrounding issuing credit for short selling
MJR_III: copumpkin: i meant if you singular could do that...not you as in everyone
copumpkin: tiberiusiv: I suggest that you approach things a bit more open-mindedly in future though, and don't just write off anyone who disagrees with you as poor, young, stupid, or otherwise unworthy of talking
copumpkin: tiberiusiv: I know the default rates are high
MJR_III: .1% vs .4% i believe
copumpkin: tiberiusiv: I'll let you do that without unnecessary distractions of people trying to talk to you
MJR_III: copumpkin: you are making me think of unignoring him...but i have to be like ulysses and ignore the siren song of trolling
smickles: hmmm, i don't think any of the loans i've made > 100btc in value have defaulted
copumpkin: do I sense a religious undertone to that judgment?
MJR_III: i mean on bitfinex
copumpkin: no, I don't
MJR_III: i prefer to get margin to go long
MJR_III: i believe
copumpkin: tiberiusiv: I haven't really seen particular evidence of that, and he's not extrapolating unnecessarily, which are doing
copumpkin: I mean tiberiusiv
MJR_III: i like ignoring
MJR_III: mostly just because i have no interest in listening to his idiocy, but i still have to see the other half of the convo
bgupta: I mean literally I can't see what he is typing.
MJR_III: i hope everyone ignores him eventually
copumpkin: I can disagree
copumpkin: you've said I'm poor because I disagree with you
bgupta: I don't trade currencies so not for me.
copumpkin: I think I got a little over 100k shares for 5 or 10 btc?
copumpkin: tiberiusiv: I can't remember now, it was ages ago
copumpkin: well, I was
copumpkin: I bought them
copumpkin: I paid nothing for it
copumpkin: I was one of the first investors
MJR_III: so i got sucked into yet another stupid conversation with an idiot
copumpkin: I conveniently own a slice of MPOE!
MJR_III: i ignored him on my phone's irc client
MJR_III: copumpkin: i'm just gonna mute...its obvious he has no idea what he's talking about
copumpkin: I wonder if they do that
MJR_III: i can lock in 10%
copumpkin: you can still approach me and say "hey copumpkin, can I borrow some coins?"
MJR_III: 2500 btc i would say
copumpkin: I HAVE AN EXPLANATION FOR WHY, SO THAT IS THE EXPLANATION
copumpkin: I HAVE DECREED
MJR_III: i don't think you understand how the free market works
MJR_III: i need to "locate" the shares before i can sell short
MJR_III: ok...i want to short all the aapl shares in the world
copumpkin: tiberiusiv: and how do you propose that happen, as I asked before?
MJR_III: P != P+I
MJR_III: how would i service that debt?
MJR_III: lets say i want to borrow 100 quintillion dollars
MJR_III: i shorted, made money
MJR_III: i managed to pay it
MJR_III: i don't think you understand how speculation works
MJR_III: i probably wouldn't short
MJR_III: if i expect it to stay where it is
MJR_III: i don't think you understand how apy works
MJR_III: like i said
MJR_III: how could i ever make that back
MJR_III: i had to spend $2 in order to short
MJR_III: i made 1200
MJR_III: i cover
MJR_III: i owe 100 bitcoins
MJR_III: i now have 9200
MJR_III: i sell at 92
MJR_III: so i borrow 100 btc
MJR_III: and i just showed it to you
MJR_III: if i think they go down, i short
MJR_III: if I think they go up i get long
MJR_III: yeah...you are totally right tiberiusiv i can't make money selling at 97 and covering at 80
MJR_III: well...say goodbye to another bunch of weak hands i guess
MJR_III: also...i don't think that the charts are keeping up
benkay: i should start keeping fiat on gox for these events
Namworld: I think it's mostly based on amount of inputs... but yeah, kind of
mircea_popescu: i just made it .001 and forgot about it
Namworld: I wonder what's up with ZIGGAP