300700+ entries in 2.256s
Chaang-Noi: that right there is
a pass though to mpex of one of iots only stocks being sold off
mjrIII: that is an equity called s.dice-pt which is what they call
a pass through
CheckDavid: How does
a "company" or "business" register there?
mjrIII: are you asking for
a comparison of which one it is more similar to?
mjrIII: if i told you it was
a print from nasdaq
mjrIII: it was
a print from btctc
CheckDavid: Was it transacted on
a specific exchange?
mjrIII: the last one is
a "print" from BTCTC for an asset called virtualmine
mjrIII: though the actual place i get
a futures contract from is not relevant
mjrIII: jurov: it depends, confident enough to try
a test program
jurov: prolly someone turned you in as
a known troll
Chaang-Noi: i paid for
a eyars worth of gold in btc already
jurov: i did some rough estimates while trying to prop up MPBPT, and this haas been
a problem, too
jurov: or it implies that using volatility 120, the model should stay break-even over
a long time?
jurov: 300% increase in
a month is extreme
mjrIII: well, that is what i am trying to do, in
a way
mjrIII: there must be
a scenario where the premium is not 33% of the underlying
mjrIII: but if i do this as
a thought experiment
mjrIII: typically you pay more of
a premium for the increased optionality
mjrIII: which is just
a measure of how much it moves
mjrIII: and its very complicated, depends on if you measure p&l in btc or USD (that is not as simple
a decision as one might think)
jurov: is there
a market with matching liquidity/expiration time?
mjrIII: so, if i can "employ my btc" by writing options and collecting premium, while doing it in
a fully backed way (not exposed to the risk at the expense of some profits), then that seems like
a great way to acquire more btc
mjrIII: is that not called
a movie?
Scrat: spamming
a bot for 1 pic at
a time = worst way to fap
mjrIII: not only on
a daily basis (much lower, but irrelevant for
a monthly option)
Namworld: I'll take them at 0.05
a piece
mjrIII: and also, since it is not possible to know how many bitcoins i would need as collateral, there is
a little uncertainty in ROI
mjrIII: since i profit from the future's contract if the price goes down, as long as my premium is at
a certain price, i won't lose money in the total portfolio though i lose on the put, my future should hedge me
mjrIII: for example, if i sell the future, i could sell
a put
mjrIII: if i sell
a futures contract at the current price
mjrIII: but, if i can sell options, at
a much more lower price, i should be able to collect
a decent amount of bitcoin
Namworld: I haven't traded options in
a while
mjrIII: based on
a few different calculations, i think the MAX volatility is 50
Namworld: The options have
a big premium currently
cads: I enjoyed it
a lot, and you've given me some awesome directions to investigate
cads: definitely
a JVM language will be great to have when/if I need to do android dev
benkay: whether the programmer has any value with those paradigms is
a wholly different topic
benkay: but an open mind towards programming paradigms has
a lot of value to the programmer
cads: lol, even I hate lisp, mostly because it feels like someone was too lazy to write
a parser
benkay: there is also the unquantifiable upside to writing the building blocks of
a new ecosystem of web tech tools
benkay: i typically recommend it as
a good framework for apps that clients want to maintain themselves, or be able to hire people to maintain themselves
benkay: if all you want is
a thing that serves stuff and is reasonably secure and performant and well documented, django's your gig
cads: guessing it has
a more nuts and bolts rails-alike
cads: I'm hoping clojure has
a ecommerce solution
cads: I'm sure there's
a blog
ThickAsThieves: I know i'm late commenting, but in general, offering more payment methods will likely only have one negative consideration. It may act as
a distraction. For web shopping, most any "step" or "option" is
a potential moment of distraction. Each of these moments can be considered an obstactle to
a sale, the goal being to have the least amount of resistance between the impulse to buy and
cads: hmm, I can has clojurescript as
a replacement of javascript?
benkay: well, professionally it's always
a tough sell.
benkay: did you get
a chance to play with ClojureScript?
cads: kind of like
a web-appropriate haskell
cads: I tried it
a few years back
cads: really my one peeve with python is that its asshole creator once made
a statement completely discounting lambdas
benkay: if you're
a func-y, just spend the time to learn clojure.
cads: ruby has always been
a convenience thing - object oriented programming is much more light weight and actually tolerable compared to, say, java or (god forbid) c++
benkay: your problem is picking
a language to live and breathe for the next n time periods
mircea_popescu: like half of the bitcoin heists are traceable to ruby being
a promiscuous piece of shit
cads: python might be
a good language to cast my lot with
benkay: ruby webdev lends itself to
a "ship yesterday and fuck knowing why it works" mentality
cads: I've just been lucky to be introduced to ruby by
a very philosophical and zen person, I guess
benkay: if you want documentation and community and all that feel-good stuff, python's not
a bad place to be
benkay: it's just
a CRUD app man
benkay: heh. are you looking to become
a magento expert? you can probably make more money doing that than operating your own store.
cads: i like the idea of magento since it's got
a big community and good documentation
benkay: ruby works just fine (again, premature optimization alert), but it's incredibly easy to make
a non-performant site in it
cads: being that I'm
a semi-rubyist, in the short term I might like
a ruby based option
benkay: if you don't mind hiring "experts" from all around the world to make your application dance, it's probably
a solid choice
cads: I know there are
a few ruby/rails based options,
cads: I haven't even run it - I have
a lot more experience with wordpress, but that experience makes me want to stay away from using WP as
a storefront
benkay: plus php is not
a great choice for us-based dev teams
cads: so far all I've done is.. download
a magento virtual machine
cads: sites like tagstand.com have been successful (I don't know how successful) offering an inventory of NFC tags at low volume/high cost, at the same time as offering
a free NFC based task manager app
benkay: I imagine eBay won't be terribly pleased to hear that you accept payment methods they don't get
a slice of...
emptyeddepended: i'm sorry, i mentioned spotify, but what i meant was shopify... christian@shopify.com was responsive, when i asked for confirmation of
a planned bitcoin integration
benkay: cads: can I get
a link?
benkay: (just because lots of people do
a thing does not mean that it is
a good idea. data answers that.)
cads: I'm sure that various hybric bitcoin/traditional vendors have done that in
a phase before adding bitcoin support, and I'm willing to hazard it generally the experiment is
a positive for most vendors that even considers adding BTC support
cads: this is not
a bad thing, don't treat me as if I'm trying to rain on some parade
cads: I'm simply proposing an experiment, and suggesting that my real life experience interviewing various people (people who are _not_, as
a rule, very connected to the social network sphere or the blogsphere) suggests that BTC is
a point of contention for many people.
cads: My point being that the average person who has
a 50% chance of not having hear about bitcoin at all, will, if you ask them about it, with 80% probability tell you that what they've heard about it is worrying
cads: emptyeddepended: I dunno, there was talk about BTC receiving scrutiny from
a US financial regulatory body recently
mircea_popescu: like, not go to
a restaurant because they take both visa and maestro and you hjate maestro ? lol.
mircea_popescu: nobody will NOT use
a service they were going to use because there's more ways to pay than the one they use
mircea_popescu: anyway, i've yet to comprehend this. i think paying attention to what people say (like on their own shitty blogs) is
a waste.
cads: simply give
a small percentage of your customers the option to use bitcoin