333400+ entries in 2.685s
mircea_popescu: 110t, that has
a good chance to expire worthless i guess
pigeons: i didn't say he does. i just think you're being
a little hasty saying he doesn't
mircea_popescu: pigeons inaba was cute, seeing how he's
a sort of bfl-pr
mircea_popescu: i have the whole collection, i musta seen each episode
a dozen times
Bugpowder: but... if you fuck up, get
a new one
gribble: Error: "bc" is not
a valid command.
smickles: mircea_popescu is clearly making
a living off of trilema credits
Bugpowder: Paid Content This article is available for
a fee.
mircea_popescu: everyone's asked this and nobody'll have
a good answer.
smickles: I said that if
a good process becomes known, we'll use it
smickles: I was just asked if we have
a claim process ready for if glbse never gives out info
smickles: coding and waiting for
a chain to sync
Doffx: Hes
a shut in computer geek, no time for girls they eat up all your time.
Azelphur: would just be
a constant source of lost sleep
jurov:
a bit too cool now
Doffx: I never expected anything from it even way back them but it was
a good idea.
mircea_popescu: he is
a cool guy, but lately he's all but dissapeared.
Doffx: Oh I'm just nudging Azelphur because hes
a cool guy.
jurov: i think if azelphur decided 6 months ago, now it would be in alpha, at most.. not
a simple endeavor
thestringpuller: there was
a mongolian soldier who after his swords broke used dead bodies to continue to fight
_Fireball: as
a trader, after speaking to such person, I would keep away from anything closely related to Popescu
_Fireball: thestringpuller, I requested apologies from mircea_popescu already three times in
a row
_Fireball: ICBIT is obviously
a way more mature service than your "exchange"
mircea_popescu: you are proposing the theory whereby "someone" sold btc all the way to 10.02 YESTERDAY. his position covers
a few hundred btc.
smickles: it's like
a double down in blackjack
mircea_popescu: lucky that after wreaking havoc for
a while he was scared by
a trilema article.
smickles: thestringpuller: mircea_popescu has
a paywall on his blog
mircea_popescu: if you read
a buncha posts it pops this paid content thign
gribble: Error: "bc,eur" is not
a valid command.
mircea_popescu: the market for narcotics is
a very tough racked to break into.
pigeons: mircea_popescu: well sr is against the mob and the mob is against it, for business reasons. don't believe me and obviously i'm not in
a postition to prove it, but when i see things thrown out there i respond
thestringpuller: so server load costs can be no more than $5000
a year so they still have
a $130,000 take home
aethero: No we haven't yet, but we are currently in touch with
a person at MoneyGram International, who is waiting for us to pull the trigger on this.
aethero: Moneygram charges the customer
a flat fee at point of sell for
a billpay
thestringpuller:
a statician wrote
a whitepaper on it. im looking for it now
mircea_popescu: basically you output them to
a twitter channel and the bot sucks them from there.
_Fireball: yes, it's called clearing, it's
a technical event
_Fireball: contracts are NOT settled
a 20:00 GMT
mircea_popescu: that you close the book half
a minute before daily settlement, that you then proceed to execute fake trades on your own account, that you then reopen the book after daily settlement cutoff
mircea_popescu: no, actually, in general scammers do come to me with
a head full of steam in the first pass
mircea_popescu: (tho i could have said it makes zero sense to put charts behind
a pw)
mircea_popescu: volume is reported by
a fixed time interval. like
a month, or
a day.
_Fireball: they are time limited, you know. It expires in
a month
mircea_popescu: _Fireball it makes zero sense because
a. it's not clear if you mean per day, week month, year
_Fireball: you can check it if you make
a trade, the total volume would be updated.
_Fireball: "Their volume is listed as 320k USD, which makes absolutely zero sense" - all trades are logged, however obviously it's not daily volume, but total volume of
a contract.
_Fireball: so, would you be
a man and write an apology?
mircea_popescu: it possibly gives you
a profit through the mechanism delineated at the end of the article,
_Fireball: if you imagine this is ICBIT's own actions, they could be done at any other time of
a day
_Fireball:
a typical limit order can be put in at any time
_Fireball:
a clearing doesn't do any magic really
_Fireball: we are quite careful not to cause too much of
a flash-crash effect, so this is
a managed process
mircea_popescu: that has little impact. yes, you only change it 10%
a day.
_Fireball: so profit/loss within
a trading session is limited by the trading range
_Fireball: it can't be 5 because there is
a trading range for every session, which is
a measure to prevent such situation entirely
mircea_popescu: let's work in more detail. usd/btc is 10.0. someone deposits 100 btc. with margin, buys 500 contracts at
a price of 10
mircea_popescu:
a, welcome to the pit. so what exactly is the story with icbit ?
thestringpuller: ive never heard
a story about someone getting high, going home and beating their wife
mircea_popescu: kuzetsa in truth tho, after
a product matures, guarding against feature creep is the main responsibility of the maintainer.
jurov: so? just
a mess, generally
jurov: we don't even have Attorney General for like, more than
a year.. cause president just refused to appoint the elected one, for basically "no reason".
kakobrekla: well inaba is
a puppet with
a huge army of stupid followers