334800+ entries in 2.393s
mircea_popescu: i'd much prefer something
a page or two long but it doesn't seem possible
mircea_popescu: on the other hand, if you use
a properly set up anon key nobody can ever figure it out, even if they owned all the servers in the world.
mircea_popescu: heh that's just
a theory. in practice, they're very involved.
mircea_popescu: it's inconvenient and really mostly
a relic from the pre ww2 days
mircea_popescu: but out of the bank savings you can buy
a lot of options insurance.
FabianB_: thinking about if btc would be worth if i'm
a producer of some goods e.g. in china, for shippment to eur/us, e.g. payment in btc now, shippment in europe arives 40 days later, btc price in that time probably moved
a lot
mircea_popescu: so baked in is
a convenience cost too. people don't seem to be doing nearly enough of their own offering, much prefering the instant execution of bot offer.
jurov: i'm in
a bit of
a risky mood and don't think price will be back at 12 in 4 days, would create approriate options for you as
a proper broker would... but my head is spinning already
mircea_popescu: this has happened like i dunno,
a dozen time in btc this year
mircea_popescu: sgornick i guess you have
a point. i recently switched my blog from romanian to english, so i kinda intend to make it the source for results. but i guess
a link can't hurt anything.
sgornick:
A good place for the results to also be posted would be in that thread.
FabianB_: if i have 100 btc now, spend 10 btc now and coz current price is 10 usd i send 100 usd to mtgox which will arive in
a few days
FabianB_: but since fiat -> mtgox takes
a while, i don't know how much fiat i have to send to mtgox
FabianB_: trying to figure out if it makes sense to buy options if i buy something with btc today (at
a usd price), but in the end don't want to have less btc in my wallet, so buyin new btc few days later
mircea_popescu: Maybe Phil will even sign up and answer your questions (but that may be
a conflict of interest for him).
mircea_popescu: spent about
a day and
a half in airport detention. maybe he pulled
a nefario, it's unclear yet.
smickles: Diablo-D3:
a stamp was in the wrong place, apparently
smickles: Diablo-D3:
a bitinstant guy was detained
smickles: well, i suppose i do already have half of the code for just such
a bot already written
smickles: like right now, with this idea, it should offer
a worse price for all those puts, and
a better price on the related calls
smickles: you wouldn't need to trust either, you should be able to encourage people to buy and sell your bot into
a positon that makes btc when the market moves up down or sideways
mircea_popescu: atm i have the capital to anchor. if it becomes
a problem and the bot is too often sold out
smickles: the greeks, assuming you have
a volatility estimate
mircea_popescu: if it's one of the people who sold
a lot in the dump it makes sense
smickles: mircea_popescu: you know, i've been wondering, if someone setup
a short straddle at the money with something like 20000 contracts on each leg, do you think it would stabilize the exchange rate for
a while?
mircea_popescu: the plain stat is scheduled for an overhaul, but this won't happen for
a while yet to give people who are using it atm to provide 3rd party services to migrate to statjson first
mircea_popescu: or if you never issued
a stat in october, issue one and it's there
smickles: thestringpuller: do you have
a WoT identity?
jurov: OK, exporting json interface should not be
a problem. i planned to do one anyway for mod6's adroid app
thestringpuller: Ideally I would like to make trades without
a website in honesty
thestringpuller: if I were to generate
a high enough volume could I get margin to cover "quick deposits"?
mircea_popescu: but i think
a honest rundown of the thing is prolly the best policy. "here is what i can do, here is what i can't do. if you actually handle enough cash that you need what i can't do, talk to mpex directly and problem solved"
mircea_popescu: jurov it's
a dilemma you find yourself in there i guess
BTC-Mining: They don't own
a lot, but they spend
a lot of what they have. Those who have
a lot stash it.
mircea_popescu: BTC-Mining any guess as to what % of roman empire subjects ever touched
a solidus ?
smickles: mircea_popescu: i gave thestringpuller
a mini-margin thingy
smickles: thestringpuller: you're staring down the barrel of
a 30% profit
smickles: you still have
a few minutes tho
gribble: Error: "bc,nettarget" is not
a valid command.
mircea_popescu: i take
a number of measures to prevent as much as possible
a crack
mircea_popescu: but seriously jurov i think it adds
a significant level of security.
jurov: so you want everyone to do you
a backup, eh?
BTC-Mining: But remember that
a good part of the network might be from compromised machines/evening users. Users go online and network rate goes up. It's 7 PM now on the east coast
mircea_popescu: it doesn't vary
a lot in the sense of going to 27+, no
BTC-Mining: eh, just people jumping on their computer after dinner and their GPU starting could explain it too... total hashing rate varies
a lot during the day
mod6: aight gotta run for now. talk to you all
a bit later!
mod6: this speeds that whole thing way up. i have
a bunch of reuseable code from the other JSON parsing stuff it does.
mod6: Well, the JSONSTAT i'll grab once that's done and i'll be able to use that. the STAT screen is one remaining that I haven't designed yet just because I knew i'd have to just do it line at
a time parsing or what not
mod6: I've been swammped this last 2.5 weeks... I've still done
a bunch of work on bitotter's encryption parts. Got
a bit more to do there and then thats nearly it.
gigavps: looks like we're getting
a little bounce here before back below $10
mod6: (This is going to be helpful to show the users STAT in BitOTTer -- instead of doing
a bunch of parsing against the formatting.
mircea_popescu: gives
a little armor-y strength to cleatext without actually going armor.
mircea_popescu: thestringpuller spmpake is like
a send money early thing
mircea_popescu: the only way violence works in the frame you wish to use it is as
a manifestation of dominance.
mircea_popescu: and otherwise,
a system which relies on being sufficiently childish seems
a little... unappealing.
dub:
a) he is acting like
a child b) there are peopl ein proximity who can achieve result
mircea_popescu: suppose your wife cheats on you (and you care). do you kill her or pick
a better woman next time ?
mircea_popescu: doing
a little more or
a little less has overall little impact.
mircea_popescu: but your school example is very bad, because
a. you're in close proximity and b. in most cultures kids are supposed to twist each others' arms all through kid years.
mircea_popescu: well for one point im not terribly concerned with
a labeling, so i dunno that i am libertarian or anything.
dub: I don't understand how
a libertarian is in favor of adding consultation tax to every transaction in life (then I don't understand libertarians much)
dub: at high school your buddy wants to borrow $5 for
a donut from the tuckshop, do you hire lawyers first or twist his arm later?
dub: theres
a cost benefit relationship
mircea_popescu: but anyway : you're flat out wrong. dude that looks like elephant man has
a much easier time scamming everyone
dub: yeah why not? dude that looks like elephant man will have
a harder time with confidence tricks
dub: depends on circumstances, if there was hope of winning I might, otherwise take the court appointed monkey and
a conviction
dub: its been
a long time, to feel of skin and bone cracking under my fists, what better justice is there?
mircea_popescu: no but seriously.
a hit costs money. it doesn't pay 7%
a month. ergo.
mircea_popescu: dub you know how all this "hire
a hit" talk sounds ? like two down and out meth whores sitting in their three year old miniskirts on the curb. they don't wear underwear because they can't afford underwear.
dub: is it time to hire
a hit yet?
dub: repost of confessions of
a ppt op?