3600+ entries in 0.1s
mjr_: i hear it is an awesome town
mjr_: i really really want to go to montreal
mjr_: north side of the park, by the Lincoln Statue
mjr_: if anyone is in NYC and wants to come to Satoshi Square, its in Union Square from 5-7pm
mjr_: just to throw this out there
mjr_: lets people be creative and build stuf
mjr_: lol MC is pretty fun
mjr_: anyways, tying a game to something meaningful is usually a recipe for successs
mjr_: but how did the trees get there
mjr_: some goes to trees, metal etc, from the rough description i heard
mjr_: i *think* that the money you put in is not all yours though
mjr_: but things cost money and crafting combines value
mjr_: no, coins are put into it
mjr_: that is the game in REAMDE
mjr_: that sounds exactly (or pretty close) to S.MG
mjr_: Two things have assured T’Rain’s commercial success: actual geological laws have been programmed to govern its terrain (it is this feature from which the game’s name derives); and the game uses a currency system based on real money — treasure mined from the strata of T’Rain’s crust can be transformed into earthly coin.
mjr_: though there is leveling and decision trees to some extent
mjr_: and not a huge time commitment
mjr_: while not only keeping it about gameplay, but also making it competitive and lucrative
mjr_: i think it is a hugely popular game that has monetized in a great way
mjr_: what do you think of league of legends
mjr_: i mean, the metaverse could be looked at like an mmorpg
mjr_: ok, there are similarities
mjr_: the game described is really interesting
mjr_: specifically about "farming" and "in game money" and how it relates to real world
mjr_: thestringpuller: yes
mjr_: has anyone here read REAMDE?
mjr_: which is for the most part, gameplay free, look cool = money
mjr_: I mean, there was an interesting article on hats
mjr_: hanging out in the town hall
mjr_: or like social gaming on WoW
mjr_: could taht be the equivalent of crafting?
mjr_: ^ what i was going to say
mjr_: the one after lich king i think
mjr_: i stopped b4 pandas
mjr_: vs a zynga game where you can only spend
mjr_: thestringpuller: i think it is interesting, because similar to WoW you can earn money by playing
mjr_: but would you describe it as a "money game"
mjr_: i'm just looking forward to playing it
mjr_: or you would see those cool ones, you can see other ones without reading it
mjr_: if you read the novel REAMDE you could see the cool applicatoins
mjr_: oh lol, i just want to play it
mjr_: can't wait to play it
mjr_: i am excited about S.MG
mjr_: hopefully it would be an mpex15 at that time
mjr_: i actually wish there was more IB stuff in btcland
mjr_: most famous/important the russel imbalance
mjr_: where they adjust the ratios to keep them in line with the funds stated goals
mjr_: at pre-announced times
mjr_: indices usually have a "rebalance"
mjr_: i think he had some stuff going on too
mjr_: i talked to Bugpowder yesterday
mjr_: and at the end of the day, what matters is where you put your money
mjr_: and i don't claim to know better than him, by any means, i haven't written a lot of options and he has
mjr_: but he has a good model in place to avoid insolvency, but not to avoid loss
mjr_: if you told them that the vol was over 100, they would consider it suicidal (probably)
mjr_: well, if you ask anyone, "what is the riskiest thing you can do in finance?" i think they would say write options without a hedge
mjr_: but i have no compunction about hedging
mjr_: and that is great, and actually a public service
mjr_: so he has decided to be that someone
mjr_: 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
mjr_: if you aren't hedged
mjr_: but i agree with the second point
mjr_: and he did pay divs
mjr_: his stock is at an all time high right now if i remember correctly
mjr_: well...wrong needs to be defined in this context
mjr_: i mean, i think the only reason (per trilema) that mp hasn't moved it, is due to the fact no one has jumped into the middle
mjr_: so hopefully, if it were possible to hedge better, one should be able to offer better prices
mjr_: 3. I know this obvious but higher prices mean less deman
mjr_: 2. Price went up and options volume dropped
mjr_: 1. Options volume used to be higher
mjr_: however, you can make some educated guesses
mjr_: that is the problem
mjr_: yes, you have to map out where you are covered and more importantly where you aren't
mjr_: in other words, i am long the future
mjr_: for example, let's say i tell my friend i will buy 1000 coins from him at 75 dollars at the end of august
mjr_: to hedge my option writing
mjr_: i could have a private deal in place
mjr_: yes, perhaps not on mpex
mjr_: anyways, financial engineering should allow me to abstract away whatever risks i don't want, and focus on the risks i do want, and then collect on those risks
mjr_: i was saying similar to, not the same
mjr_: but yes, i use 0 as my interest and dividend
mjr_: there is some interest going on