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327400+ entries in 2.4s
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: and then its a complete, lie
Ukto: but its a lie.
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?
mircea_popescu: it takes a leetal more. not very much
mircea_popescu: the curse of bitcoin : it can't get any coverage unless it's either a) completely clueless or else b) incredibly fanboish
mircea_popescu: “I think the ECB obviously is concerned, and it’s not reputational,” said Steve Hanke, a professor at Johns Hopkins University in Baltimore
mircea_popescu: jurov i wonder if i get a complimentary mag since i'm being quited in it :D
Bugpowder_: that is down from over 40,000 a few hours ago
gribble: Error: "ask" is not a valid command.
Bugpowder: 17 looks like a technical floor
Bugpowder: Starting to look a lot like last thursday
mircea_popescu: or else what the forum says, ie, he's passing the buck and then new owner dissapears, a la tom's azns
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)
mircea_popescu: a a
Bugpowder_: to prevent catastropic loss from a spike than crash?
mircea_popescu: Bugpowder_ sort of a dampening factor.
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?
mircea_popescu: make me a pic would you ? can you even ?
jurov: oh and there's a mention of Mircea Popescu
Bugpowder_: hehe it can do that in a WEEK
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.
Bugpowder: a bit more for puts
awkorama: 78% is a bad overall rate, I give you that
jurov: in a situation like... on btcjam is only some 78% loans paid. and they ask personal info to eventually recover these loans later
awkorama: as a seller of protection ?
jurov: i mean, it's impossible to price such a thing reasonably.. but if you can yes it's opportunity
DeadWeasel: sounds like a business opportunity for you awkorama
awkorama: does anyone know whether there is a full credit market somewhere in bitcoin ?
jcpham: poking a stick at the gubment
Korbman: I'd like to think Bitcoin is gaining traction, but not nearly enough to undermine a bank
Korbman: kakobrekla: that article is a bit disconcerning
DeadWeasel: never knew that existed. is there a history for price and number of purchases?
jurov: so sad reiser was such a maniac otherwise
kakobrekla: its taking over a week
jurov: "As we move forward into a world ever-filling with computers and networks, the success of Bitcoin, much like the Internet itself, liset in the actions of the people who will continue to use it and promote it and to fight on its behalf in doing so. They may take our lives, but they can never take our Bitcoin."
mircea_popescu: and since pretty much everyone is a 20something male geek, they learn by example rather than by description.
mircea_popescu: have some examples. i bet you 90% of the people who are or are considering issuing "an asset" have never seen a set of gaap statements
mircea_popescu: prolly a good thing for teh community
smickles: EskimoBob: I should be able to answer a simple accounting question :)
smickles: oh don't get me wrong, it's a good 2 cents, and I knew it before you said it
mircea_popescu: i've never coded a bot myself.
smickles: right now, it's easisist for me to take this 'one small step at a time' approach
mircea_popescu: just... from a very fundamental perspective it seems amiss.
mircea_popescu: but listen. what has materially changed from a tick to the next to make another increment worth buying, when it wasn't before ?
smickles: so those other variables are limiting the amount, and as these options are bought the limiting factors are raised a little
mircea_popescu: either its a good buy or it isn't.
smickles: the amount is calculated from a few inputs, it starts out as max(int(((mpexbtc / range_) / 2) / SATOSHI), 1) and is lowered by some other variables
mircea_popescu: i mean... the people sending the key and then being shocked and appaled that yes there's a reg fee i get daily nowadays and am starting to get used to.
jurov: I'm presenting. Dunno when,it's quite a mess.
thestringpuller: just for a little bit, the price is volatile right now...
jurov: quite a mess, 100ppl in small room
thestringpuller: "mr. popescu I have a warrant for your extradition"
mircea_popescu: ;;rate rdponticelli 1 been around for a while.
mircea_popescu: http://www.theblaze.com/stories/2013/01/26/former-brain-dead-liberal-filmmaker-pens-scathing-column-on-gun-control-a-political-appeal-to-the-ignorant/
mod6: i gotta take a vacation one of these days and go see my friends down there
mod6: but the county boys were always giving me a run for my money
mircea_popescu: a. police here is nice, basically.
smickles: mircea_popescu: this was at a time when i liven in a place where the police had a tendancy to raid 'the wrong house'
mod6: that's some kinda security, be glad you didn't have a fire and have to use the window ;)
mircea_popescu: i'd have had a buncha hurt womenz on my hands ;/
mircea_popescu: be like "here you go, a phone for you"
smickles: contracts were as easy as speaking "I agree to send 1 btc to the indicated address in exchange for a ride to wal-mart" to your phone
smickles: involved just such a program to make it easy to gpg, contract, bitcoin, all that as verbs
mircea_popescu: i imagine it'll be a little boom
mircea_popescu: that's true, could be a pretty big hole.
mircea_popescu: like pympex is a script for mpex
jcpham: i don't mean to be a dick, i really don't
smickles: it means he has a program do it for him
mircea_popescu: evoorhees he has a script that does the authing for yu. what you're doing now manually.
jcpham: minus being prompted for a password
evoorhees: no... bitcoin is just a bit complicated
mircea_popescu: the bot gives you a link
gribble: Error: Could not find a pending authentication request from your hostmask. Either it expired, or you changed hostmask, or you haven't made one.
mircea_popescu: and so they stop by the irc chan and have a chat ?
jcpham: but they don't have a clue what to do
mircea_popescu: gave a moment's pause there cause wtf, someone is signing as mpex wioth the wrong key ?!
evoorhees: yeah.... see that's a problem if the link on the site takes you to python download page and 3.3 is at the top
smickles: well, the way things are going, it might be illegal to know how to use pympex, and this "evoorhees" is a fed :o
smickles: jc's just a good watchdog :)
mircea_popescu: a!
mircea_popescu: lol evoorhees sounds like he's in the middle of a real battle there.
mircea_popescu: a ok
mircea_popescu: dude paste a whole line lol.
smickles: oh, the newer one has a logger
mircea_popescu: if all else fails email me a clearsigned STAT and i'll have it looked at from this end
mircea_popescu: a ? ok then.
smickles: mircea_popescu: it would've given a different error
mircea_popescu: a different one might have been picked as tghe default
mircea_popescu: evoorhees mod6 has a point. are you signing with the right key ?
smickles: what is mpex retruning to you that causes a syntax error?
mircea_popescu: clearsign a stat, then encrypt it, then paste iti nto the site
smickles: but, are you actually getting a signed response?
smickles: if you are getting a signed response, and that warning happens, something fishy is going on
mircea_popescu: if a company is oversold on ipo that's usually a very bad thing for the company.
smickles: well, i meant the price chart just happens to look like a lognormal distribution
mircea_popescu: they're normally a very wasteful endeavour, economically.
mircea_popescu: a a
smickles: woah, s.bbet's chart looks like a lognormal distribution
smickles: heh, mpex's volume 'musta burned a few butts