log☇︎
316800+ entries in 2.361s
bgupta: It's a combination of things creating a feedback loop…
Chaang-Noi: but who cares, people going to just expect btc to go way up everytime a bank fail so that if okay with me
Chaang-Noi: bgupta w3ashington post did a good one too
bgupta: I will say that there is a storm of press coming on btc.. http://www.fool.com/investing/general/2013/03/26/a-short-guide-to-understanding-bitcoins.aspx
Bowjob: silver gets a smack in the face
Bowjob: I have a friend who bought on march 10.. 3 BFL singles
Bugpowder: its a superior platform
Bowjob: i wonder whats thew price in a week
Bugpowder: but there was a BTC funding lag of 8 hours for me
Bugpowder: "Thank you for your email. It appears that due to network congestion there is a Lag and this should be rectified in the next 24hrs and we will keep you updated on the status and we apologize for the inconvenience that this may have caused. Let us know if you would require any further assistance regarding this issue."
Namworld: Some are a few hundres or less
Namworld: and some have been sold out for a while
Namworld: there was like a set of options with less than 1000 put up
unlord: is this an investment channel or a speculation channel?
unlord: and there are a lot more people outside the US than inside
unlord: tiberiusiv: its expanding outside of the US at a crazy rate
bgupta: beats a savings account
Chaang-Noi: im not trying to make money off of gold and silver, im using it as a protection from inflation or other crazyness like ww3
bgupta: however bear in mind.. most "wall street divs" are paid by stodgy companies, that have stable predictable earnings, so there is a premium paid for that so that the yield ends up being really low.
Chaang-Noi: small for asicminer standards, a massive fucking div for wallstreet standards
bgupta: since it's a) not a full week, and b) the first div to factor in all 400k shares.
Chaang-Noi: a
mircea_popescu: Uglux haha that's a point.
mircea_popescu: anyway, you can prolly talk to a broker pay whatever they charge as a % fee
Chaang-Noi: this really should be a sfw chan, if photo is not sfn just tell people
mircea_popescu: unlord you missed that by abouyt a year
Namworld: With that logic, no romanian cannot be a scammer...
unlord: Namworld: 30 is too high a price to pay
unlord: Namworld: is there a no load way to purchase?
Namworld: or go through a broker
Namworld: Bugpowder was probably responsible for a few others
Namworld: I'm one of the trader on MPEx. A few of the 1000s calls were my transactions.
mircea_popescu: amusingly enough, large call buy put a top in the market.
Namworld: Brokers hardly represent a fraction of trades
Chaang-Noi: but there was a cartoon of a lady burning usd when we jumped about $2
Chaang-Noi: a cartoon was showed on the page
Chaang-Noi: the grandma of the cat in tyhe looney toons was tossing money into a fire?
Chaang-Noi: i highly doubt we will see a drop
Namworld: If price makes a sudden drop, executing them is always an option to cut losses.
mircea_popescu: where long is anything over a week, in the sense tuesday to saturday is a week
Chaang-Noi: hmm, well if they expect 100 soon very soon then its a good deal
Namworld: but they have less of a premium too
Namworld: Like a 100 USD bill
Namworld: It has a nice sounding to it.
Chaang-Noi: yeah 100 is almost a sure thing now :/
unbalanced_: Bugpowder: just caught up. 80% haircut for "rich" Cypriots (a minority that won't march in the streets) and foreigners (EU/Russian retirees who saved all their lives but don't vote in Cyprus)... oh and Russian mafia, apparently
MJR_: if you are very good at linux...you don't have a job because you don't want one, or you are so annoying that no one can possibly work with you...at least in the US
dub: its simpler to think of it like this: Some people use linux as a tool to accomplish their work, som use it because they are tools who don't have a job.
MJR_: its like saying i'll start a new distro but i don't like cp
MJR_: <dub> gentoo is the slamming your cock and balls in a door of linux :)
MJR_: to me it seems like they just reinvent the wheel in a lot of the others
MJR_: don't know about ubuntu...not a big fan
dub: gentoo is the slamming your cock and balls in a door of linux
jurov: tiberius isn't war... although produced quite a flood tho
mircea_popescu: sweet, we haven't had a holy war here in like a month.
dub: debian is good for when you want to actually use linux and not just be a douche
dub: Diablo-D3 is right gmax is a bfl shill
jurov: but whole coinbr is bigger that bitfinsex by a healthy margin
Diablo-D3: yeah, they wanna focus on being a hardware… whatever it is they think they're doing
Azelphur: wow, I think Diablo-D3 is a shill for Ubuntu
Diablo-D3: wow, I think gmaxwell is a shill for bfl
MJR_: anyone know of a fix library for python?
MJR_: its a grey area...investment pools have different regulations from something offered to the public or qualified invvestors
Bugpowder__: so I shut it down after a few months
MJR_: he offered smickles a bet that was without escrow two years from now
Bugpowder__: with a NAV that stared at 1BTC
Bugpowder__: I express all my investments as shares in a 'fund'
Bugpowder__: It's almost time for a ponzi chart update.
Bugpowder__: now these forces may be correlated to a macro sentiment shift
Bugpowder__: Your explaination would make more sense if BTC was already established, had a market cap of >10BB
jborkl: you can read anything into a chart
Bugpowder__: tiberiusiv: the problem I have is that half of what you are saying makes perfect sense, but the other half is taking things quite a bit past what I consider reasonable
jborkl: Jurov, I guess you are a dumbass
Bugpowder__: it is an implausible reserve currency, that gains a little more traction each day.
jborkl: can not rise, because interest rates would go up- then they can't pay the bills- already in a death spiral
Bugpowder__: "21.19 Cyprus Finance Minister Michael Sarris has said uninsured Laika depositors could face an 80pc haircut, and might have to wait up to seven years for a payout."
jborkl: so, they don't give a shit
jborkl: dollar liquidity is a oxymoron
jurov: there should have been a peak in also 2009 then, no?
dub: theres an insidious form of idiot tax I've encountered where customs try to push you through a brokerage to pay sales tax
Bowjob: not much like you guys, only have a few btc
Bugpowder__: or to exercise a put?
Bugpowder__: Do I need to own shares to buy a put?
Ukto: depending on if its a call or a put
Ukto: Bugpowder__: if you execute a put, you get (amount) * (strike price[aka trade price])
mircea_popescu: "A cat can survive fall from height of hundreds of Cheap Ray Bans Glasses feet."
benkay: bugpowder it's a 24hr vwap
benkay: and let's be real here for a half damn second if you want to play in this space in the us it means licensing
MJR_: fuck that was a boring day
Ukto: well, they require licensing if your a us based exchange.
dub: you need a weex account, tickle ukyo's balls, expose yourself to serial scamee DT
ThickAsThieves: I leave you guys for a few hours and you can't even get the price to 80? cmon
KRS1: bugpowder: do you have a link to your asicminer offer?
Bugpowder__: in a month or two
kakobrekla: i had a beta fish
jurov: basically the bet was a hedge to back iDiff-O offering
jurov: he did not ask. but got a beer instead
Bugpowder__: after cashing out a bit.
jurov: anyone else wants a beer?
Bugpowder__: I was thinking of getting a suite at the Aria with some friends that I got into bitcoin