log☇︎
323700+ entries in 2.241s
Anduck: A bets 1 BTC on winning side at weight of 100`000. B bets 1 BTC on winning side at weight of 50`000. C bets 10 BTC on losing side.
mircea_popescu: Anduck and the bet has a total BTC pool and a total weight for the winning side, right ?
mircea_popescu: your bet has a btc value and a weight value, right ?
Bugpowder: It's a long options month
Bugpowder: don't make me draw some lines on a chart
mircea_popescu: there's a quote this reminds me of.
mircea_popescu: truly a repository of the retarded.
mircea_popescu: "I'm an intern @ a hedge fund and they have been heavily investing in btc recently. We re set to stagger sell and close all our positions next week, over 6.5 million worth of btc will ensue a massive crash. Just givin fair warning so afterwards I can get credit for calling it. 18GuUNbzyifszKpBtp18cH4UsmH2EVeyG3"
Diablo-D3: jcpham: they had a sale of $4.99 pizzas here
Diablo-D3: 6 and a half pizzas
Diablo-D3: thats a lot of money
Bugpowder: the 23s might have been a bit excessive, admittedly
Bugpowder: I actually have a lot of USD on gox right now
jcpham: <googlee> but there so exspensive right now at one time i was getting them for 25 a pop
Bugpowder: a good time for a crash
mircea_popescu: i guess from a psychological pov this "breakeven" is a lot more appealing here.
mircea_popescu: that's a point.
mircea_popescu: if stuff is just going to dissapear one day a la gblse then you want to know how long you need.
mircea_popescu: yeah. about what a normal corp does, give or take.
Namworld: So a nice 94 sathoshi per share I'll be giving out.
mircea_popescu: also in the news : somebody made a mpex sh : https://github.com/gabridome/mpex-sh
mircea_popescu: i think many people were expecting a massacre.
mircea_popescu: sounds like a crummy model.
coingenuity: i guess it was too much of a stretch for a global-compatable joke
mod6: maybe he's got a huge list of honey-do's
kakobrekla: Bloed, Bodem, Eer en Trouw (BBET; "Blood, Soil, Honour and Loyalty") is a Flemish neo-Nazi group, created in 2004 from a splinter of the Flemish branch of the international Nazi skinhead organization Blood & Honour.
mircea_popescu: Bloed, Bodem, Eer en Trouw (BBET; "Blood, Soil, Honour and Loyalty") is a Flemish neo-Nazi group
mjr__: you should make that a bbet
mod6: i might have to go to t-town to buy him a beer. he's probably doing the whole new-dad thing.
jurov: coinbr users got quite a chunk of it, and bbet too
jurov: okay, but price may as well move against him and he may end up doing other trade with a loss
thestringpuller: make a joe bot
Bugpowder: ok... this is getting silly. Playing around with 1BTC stuff then you realize like, hey, I could buy a nice dinner with that.
mircea_popescu: it's only like 1/5000 of a pizza anyway
markedathome: As a precaution Intersango will be inaccessible until Monday Feb 25th.
Bugpowder: scanning for a mispriced option that I can exploit....
Bugpowder: actually.... wait a little bit longer to confirm
mircea_popescu: lmao take a crap, assbot, this is too funny
kakobrekla: hey im going to take a crap
Bugpowder: That is a remarkable message
mircea_popescu: if there WERE a team they wouldn't need this would they
Bugpowder: but we need someone like usagi to be a buyer of last resort for S.DICE
thestringpuller: i am at work on a phone hard to see things
Bugpowder: mircea_popescu: does the mpoe bot actually perform a spilt to fund the positions, or does it dynamically value the exposure?
mircea_popescu: that's a coupla hours away.
mod6: I re-read the The Ceausescu article. I forgot that I already read it before, but it was a good review.
mircea_popescu: currently we're scratching heads over a VERY FUCKING WEIRD THING.
jurov: mircea_popescu iirc when new options up to 35 were created, there was no offer for a long time there
Bowjob: maybe hes selling to a big player
Bugpowder: it got a LOT of press
Bugpowder: probably not a bad thing to be out of the spotlight
thestringpuller: on a phone
mircea_popescu: Namworld it was originally, believe it or not, preparing for a bitbond listing (amazingrando's thing)
Bugpowder: remember we are on a short moth
Namworld: Thick: It's a joke apparently
mircea_popescu: i totally can't believe i had to do this once a month ffs.
Namworld: Looks like we might have a good month for S.MPOE
mjr__: it would take a million and a half to move it to 28 i think
rp44: any perceived risk for a retracement today? seems like there is still accelerating buying at the exchanges.
Bugpowder: Does BTCe have a deposit problem or what?
mod6: i've read a lot of russian lit, and someday if things are ever better in this world, I'd like to visit.
mircea_popescu: "because the engineer changed the engine for a bottle of vodka.
mircea_popescu: after a few hours they get impatient
mircea_popescu: buncha people inside a train car stopped in the middle of nowhere. they ask the conductor why aren't they moving ?
mircea_popescu: TomServo this is a theory. we have no actual history to back it yet.
mircea_popescu: TomServo i wonder why'd it be a difference.
Bugpowder: BUT... the probability that in any given generation a collapse will occur rather than a muddling through is pretty low
mircea_popescu: how many so far, a dozen ?
TomServo: mircea_popescu: what are a couple example of societal collapse?
mircea_popescu: also a very good point
mircea_popescu: the society collapse narrative has been a mainstay of human culture for as long as such existed
mircea_popescu: Bugpowder it's a tense place to be in, if shtf.
mircea_popescu: the midwest will be mostly fine, even make a pretty penny.
jurov: What happens when a modern economy collapses, and the complex society it supports disintegrates? A look at a country that has recently undergone such an experience can be most educational.
mod6: until it all comes to a screeching hault.
mod6: hmm.. yeah there are a lot of people who work in goverment here, and its getting larger.
mircea_popescu: be left with half the population maybe, and a clear point in mind. don't do that.
mod6: yeah, for some reason i thought the crime related racket had a different speling.
mod6: i mean, it is a raquette<sp?> and a mob of sorts after all.
mircea_popescu: but anyway, it was something like Francis Biddle or whoever being Indian and going "you're a bad man, you're a very very bad man" at Goebbels.
mod6: well, that happens sometimes. im not sure that we have a lot of lawyers who could successfully prosecute any of the banksters or government officials who've broken the law.
mircea_popescu: you couldn't find five people who could actually argue a case atthe time.
mod6: oh.. yeah. that doesn't seem like it should make sense. couldn't the people put a good enough case together?
mircea_popescu: ya but this was a brand apart.
mod6: yeah, it was def. a kangoroo deal, i do remember that. I think they typically are after the revolutionaries take over.
mircea_popescu: the trial was a monstrosity tho.
mircea_popescu: romanians for instance had a much better shot in 1989, and still we didn't round them up and shoot the lot.
mod6: yeah, no one really gives a shit about government until it gets in the way of feeding yourself and your family.
lyspooner: oh, mircea_popescu, i see you already posted a comment on that site
jurov: i was reading a good analysis how overthrowing governments happened only after food prices rose out of reach. there was NO other correlation found
mod6: yeah but embarrassed isn't really a problem. it doesnt feel good either way to have your wealth stripped away by corporations and banksters.
mircea_popescu: huh now that's a good point.
mircea_popescu: "Eichengreen's theory is that the US dollar became the world's go-to currency because of the emergence of a very specific financial instrument—the banker's acceptance."
mircea_popescu: the fact that obama is a chicken eating nigger faggot or whatever, THAT is all over the news
mircea_popescu: yeah. for instance, i heard today that the irs a. moved the start of filling from 15th to 31th january
mod6: but someday, it will become clear. (maybe when gas hits $20/gal) and a loaf of bread is $25
mircea_popescu: the govt will be fine for a while yet.
mod6: they know they're angry. im not sure they can put a finger on it yet...
mircea_popescu: chmod755 not necessarily a bad thing that :p
mod6: yeah, it seems to me that just about NO ONE has any cash to spare. anyone who works a "regular" type job anyway...