log☇︎
314500+ entries in 1.821s
kakobrekla: i always say dat
mircea_popescu: i bet
mircea_popescu: i never got into mining
topace: soon as i get the mining equipment out of my boardroom, i could sleep on the couch
topace: if i am here, they'll be here around 2 in the afternoon
topace: and i have to be back for a server delivery at 9am
topace: i should go home, its 3.22am
mircea_popescu: i'll just ignore both :D
topace: hey mircea_popescu, you can ignore my deposit for 112, im dyslexic or need coffee.. it should have been 121 which i did a few seconds later, and sent it properly. :)
jcpham: I may have mentioned the channel publicly
iz: so i assume it was some custom btc client, not the official client
smickles: iz: i think there are patches out there already
mod6: well, i personally wasn't used to the idea of 2500 sat. as 0.00002500 -- but yeah, i can do without the seperators
smickles: i didn't, and having them there is annoying
smickles: for somereason, if i tell it that I have S.DICE on account for THATGUY, it thinks I sold the S.DICE
smickles: iz: i've only found issues with securities as liabilities and that it doesn't directly or easily support bitcoin
smickles: lol, i was googling sat. nat.... hopeless
smickles: i want at intervals of 4!
smickles: i'm considering switching to gnucash from pen and paper, but it only goes to 6 decimals. /me tests using satoshi for everthing
kakobrekla: i round everything to 21mil
mod6: i think it may still have some legs...
smickles: < kakobrekla> i can kick a few so we are under 94. << lol, such a gossip
DeadWeasel_: I am enjoying it. just watching BTC go up and up and up, then way down, then up, the down again, then up alittle. then way up.
kakobrekla: i can kick a few so we are under 94.
DeadWeasel_: because my saving is awfully small. i've no debt, but not a big cushion either. long story
DeadWeasel_: but I bet on gold, made 2x, selling that, want to go all BTC. all in.
DeadWeasel_: it doesn't seem so, just kinda scary. If I did so, I'd have to wager at least half my savings. as you can guess by the requirements, that is very small.
DeadWeasel_: i'm asking these questions, trying to motivate myself to learn to trade some bitcoin assets. i believe in this as crucial piece of the freedom triangle that is humanities future. also, I guess I'm greedy. I want more than I have.
DeadWeasel_: so your technology skills are self-taught I assume?
Bugpowder_: I think losing money trading is the best education for finance.
Bugpowder_: I like to see that as the number of asks go down, the number of bids > 18 keeps going up. Organic bidding rather than impatient bidwalls
dub: I love m$
Bugpowder_: I bought like 5 pounds of coffee off him
DeadWeasel_: i have no idear
mircea_popescu: i haven't really been watching
Bugpowder_: then I'm back to Jan 14th 2013
Bugpowder_: I would be ok with 37, because Tesla model S
mircea_popescu: i think 50 may be a little much.
Bugpowder_: I have so many calls
DeadWeasel_: slow and steady I guess
DeadWeasel_: i'll rtfm next time.
DeadWeasel_: i have no idea, haven't used IRC in 7 years, just got back in for bitcoin
DeadWeasel_: crap, i left my IRC on at work, I'm not gonna get banned or booted am i?
Diablo-D3: I dont play those games
jurov: i suspect i'm quite a headache for him with that monthly revolving
jurov: when he finishes "nuke the asset" button i'll release him
smickles: heh, i'm up 2500% since june 2011
smickles: I do prefer to think in terms of % anyway
smickles: if i recally the story of nathan r. correctly
smickles: < Bugpowder> I always get less puts then I think I'm gonna get< that's b/c there is a volatility secret sauce in the calc
Diablo-D3: dub: I plan on doing that anyhow
Diablo-D3: and then I wont share the photos because Ill be too busy being rich
Diablo-D3: when I get the board
Korbman: mircea_popescu: haha yeah, I figured as much
mircea_popescu: exactly why i'd sell it lol. problem typified
DeadWeasel: wish I'd done it at 1900
mircea_popescu: i wonder what bernanke's waiting for
mircea_popescu: on btct, I can fill my account with 100btc, put up to 100btc orders on each asset, and withdraw the 100btc << this is pretty rich tho
Ukto: I will be letting Deprived know that it just wont be happening.
Ukto: I just cant bring myself to knowingly allow lies and inaccuracy on my system.
Ukto: Regardless of 'pumping the numbers', i think traders have a right to knwo that a bid is actually backed, and not just a fake number on the books.
Ukto: on btct, I can fill my account with 100btc, put up to 100btc orders on each asset, and withdraw the 100btc
mircea_popescu: if you want i can have the girl dig up the old posts.
Ukto: its been over a decade since i dod stock market stuffs.. if i have $10k in an eTrade account or w/e, and and put up a bid for a total of $10k on something that sits on the books, I can't just place another bid p to $10k for another asset, right?
Bowjob: I mean on the leaderboards
Bugpowder_: this is why I bot calls on Saturday
mircea_popescu: jurov i wonder if i get a complimentary mag since i'm being quited in it :D
mircea_popescu: i remember the days buying 4k btc didn't run you 10k
mircea_popescu: JWU_42 i dunno how to read that, is it 4k btc in 194 diff orders ?
mircea_popescu: i dun imagine it does under 18 myself
Bugpowder: I dunno dude
mircea_popescu: Bugpowder_ its one of two things : either a scam to sell a worthless site to some dumbass "investor" (which is what i suspect, he;'s been buying his own gem)
Bugpowder_: maybe I placed some buy orders after that
Bugpowder_: well I tried to withdraw 100BTC from MPEX on Saturday to buy the gem, but never got my withdrawl
mircea_popescu: jurov i was gonna say WHAT THE FUCK ios that
Bugpowder_: I guess I just wish it wouldn't charge me for the deposit until the created contracts sold.
mircea_popescu: Bugpowder_ https://bitcointalk.org/index.php?topic=139529.msg1485624#msg1485624 i take it you're buying ? :p
Ukto: not sure wtf i was typing
Ukto: i ment to say yes earlier
Bugpowder_: So I am curious. What is the rationale for having the collateral requirements so high for split orders. Since one side is a zero if the other side goes up, shouldn't a reasonable deposit for 50 calls and ~50 puts be 50BTC instead of 100BTC?
Ukto: i cant post asks for more shares than I have
Bugpowder_: I enjoyed the mpcd experience
awkorama: because what I feel strongly in the bitcoin world is that it is hard to trust anyone, so spreading the risk is the next logical step
mircea_popescu: i guess you could...
awkorama: by credit derivatives I mainly meant various CDS contracts, I am not really interested in CDO's or CDO^2's
mircea_popescu: i don't see that any of that pertains to credit derivatives tho.
awkorama: mircea_popescu: I already kind of did, is there anything that you don't understand from the conversation that followed my initial question ?
mircea_popescu: <awkorama> some exchange, where I can trade credit derivatives << explain.
jurov: i think cause btc can go 50% up and then 50% down in one month
Bugpowder: I always get less puts then I think I'm gonna get
jurov: i mean the reasoning behind that isn't there
Bugpowder: the collateral reqs on the SPLIT order are a bit harsh. I think you should get 100 of each side for 100BTC, cause if one side goes to max, the other side is a zero.
awkorama: meaning, if I lend someone 100BTC today and tommorow I don't feel like having such big exposure to him anymore, I can just insure some part of that debt
jurov: one can't just transplant real life financials here, just reinvent them. I think MPOE was so successful cause it is basically short-term. It loans every month anew.
awkorama: 78% is a bad overall rate, I give you that
jurov: i mean in bitcoinland
awkorama: i understand that otc cds market would not work, that's why exchange + clearing house that is (more trusted) is required
DeadWeasel: i loathe things I don't understand. Credit Default Swaps are one of those things (there are many).
awkorama: and I don't know what the difference would be, trading CDS's on public corporation (e.g. IBM) or on S.DICE.. same thing really
awkorama: demand and supply is enough for pricing I suppose