330900+ entries in 2.419s
thestringpuller: just because someone can deploy
a bitstream to an FPGA doesn't mean they can print
a mask, and build an IC from it
thestringpuller: they probably copy-pasted VHDL and had
a copy paste error :P
mircea_popescu: jurov i did find it
a little funny people were like.. PAYING assets to list. competition eh.
Bugpowder: martingale betting is less fun if you need to wait for
a confirm
mircea_popescu:
a little silly seeing how it was fixed already i thought
mircea_popescu: "Looking at the amount of information I have to wade through, I've decided to (attempt) to appoint
a liquidator."
Azelphur: wfm without the trailing slash, didn't have
a trailing slash before
jurov: but ignoring my offer completely?
a bit unnerving
thestringpuller: "As
a complete aside: putting
a 5mn BTC buywall @ $200 each up in MtGox might actually be the most rational use of
a billion dollars currently. You'll end up with 2-3 mn BTC and the price will be permanently in the hundreds. Profit."
EskimoBob: "mcdonalds gift certificate
a day" lol, you must hate yourself :)
mircea_popescu: there's
a "bid up to X would buy so much and cost so much" command
gribble: Error: "bc,buy" is not
a valid command.
gribble: Error: "bid" is not
a valid command.
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs
a buy order for <amount> units of <thing>, at
a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {mtgox(ask|bid|last)} to index price to mtgox ask, bid, or last price. May also (1 more message)
Ukto: double that, with
a mcdonalds gift certificate
a day :P
thestringpuller: after the horror stories I hear about MTGox, trading back into
a form of fiat seems...annoying
mircea_popescu: this takes about
a month and costs about half
a million dollars.
mircea_popescu: thestringpuller looky. in normal commerce you go to your bank, get
a loc, forward it to your supplier, signa contract, get telivery
mircea_popescu: In
a scheme traced to
a Russian computer and
a hacker who calls himself "vorVzakone,"
thestringpuller: (because we all know chinese factories are just
a 90 year old china man running in
a hamster wheel)
thestringpuller: but we aren't at
a point yet where BTC is liquid enough to use for end user payment
thestringpuller: I will be old, but not dead. Come by to see me, and bring
a bottle.
Ukto: working on another little something thats like
a 10min peice of code
kakobrekla: to see if it was
a fair transcription the first time
mircea_popescu: but i mean...
a pentium 4 is worth more than 5 bux no ?!
mircea_popescu: so you know... MPOE is the financial center of lending by
a fat margin.
mircea_popescu: the thing is see, if bot trades 20k contracts it matters
A LOT
thestringpuller: can the bondholders exit their bond position and get their entire principle back in
a liquidation event?
mircea_popescu: basically, bondholders asked for 9.9%. mpoe made enough to pay ~5%. the rest came out of their capital, as
a sort of amortisation of
a bizzare kind
mircea_popescu: by now mpex is obscure enough to warrant
a fucking qualification
smickles: that way, unless there actually was
a loss, the two would cancel each other out
smickles: mircea_popescu: or, you could but
a line item in underneat the 'loss' line explaining that X of the loss was returned principle
smickles: mircea_popescu: if you capped the % to not return principle, it wouldn't show
a loss
mircea_popescu: smickles i really have to come up with
a better accounting scheme for this, it confuses EVERYBODY
mircea_popescu: thestringpuller the bot itself turning
a profit and mpoe showing
a profit are diff things
thestringpuller: mircea_popescu: would physical delivery be
a stepping stone for
a procurment market?
thestringpuller: I think as mircea_popescu said, it'd be more like
a contract settler
smickles: but, as I am trying to become
a CPA in the future, there are ethical guidelines I need to adhere too
smickles: thestringpuller: essentially, if you set up
a foreign company to do this, and get
a lawer to look it over and say it's ok, then I could
smickles: thestringpuller: I don't think I could take you on as
a client if I suspected your business operated in violation of the gov't's rules
EskimoBob: and I recommend looking around
a bit. who is your competition for start
EskimoBob: get yourself
a 65 Kg bag and see, what you can do with it :)
EskimoBob: you can live where ever you want but you need to have
a actual company in those countries :)
EskimoBob: for start. Go sell
a bag of beans you get wfom local whole seller and see what happens. Then try to buy
a bag from X and send get it to your destination Y and see, what happens.
thestringpuller: by from market X that is in indonesia during
a good season sell beans to coffee shops in new york
thestringpuller: also with physical delivery of
a futures contract I imagine with something like cocoa it'd be
a way to move cocoa from
a place of high supply to low demand
EskimoBob: thestringpuller: I am not sure why is this even important. BTC is just
a way to transfer fiat
smickles: thestringpuller: from what i'm reading, it is generally illegal for 'mericans to offer futures to other 'mericans, unless it is done on
a US regulated exchange
Diablo-D3: open it to get
a soda BAM, forum threads spill out with scam accusations
smickles: If you really need help with
a pricing model, I can probably help you punch the numbers into one of the standard formulas
mircea_popescu: logically,
a lawschool student incapable of drafting incorporation papers isn't able to graduate.
thestringpuller: i mean I can send people to columbia or wherever the fuck the farm is and they can set up
a trailer office there
smickles: do you have
a lot of capital to launch it?
smickles: I'm sure there are
a ton of regulations to comply with then
thestringpuller: from there it's underwriting the future contracts in
a fashion similar to the mpoe bot
thestringpuller: because they fail at life, thinking that going to art school for $20,000
a semester would train them to write the shitty movie that they're parents are paying for
thestringpuller: we should just overthrow the government in
a small country and ship from there
thestringpuller: if we are to completely avoid regulation, i.e. paying 0 taxes to the man to support the welfare kids, wouldn't we have to ship from say
a private island? or like the middle of the ocean?
smickles: my first linux was given to my by
a friend in the halls of highschool on
a floppy