log☇︎
338400+ entries in 2.025s
DeaDTerra: I am interested
DeaDTerra: okay, I will go read all of this and do some additional research and I will get back to you :)
mircea_popescu: that 1st post there is stale by now, things changed. i mostly gave you the link for the following posts, with the various hedging stratefgies
DeaDTerra: first of I need a account on MPOE right?
DeaDTerra: okay so what do I do if I want to open a long position for 100 BTc?
Harvey00: Worst bet ever but I won.
Harvey00: DeaDTerra: I made over 100 Bitcoins betting over 1000 Bitcoins it wouldn't pop below $10. ; )
rg: i believe that's the research that depended on a compromised system
mircea_popescu: i wonder if this be the end of dongles like yubikei.
Harvey00: I think we are going to hit 15 today
DeaDTerra: No, I have used futures and levarage/margin trading only
DeaDTerra: I might buy some options, though I need to read up on how your system works firs
Harvey00: That's why I love the man.
mircea_popescu: i dun recall.
mircea_popescu: i imagined it was a girl.
Harvey00: All I can say is that Meni Rosenfield has a lot of money.
Harvey00: I've already doubled some of my Bitcoins on it.
Harvey00: After Meni Rosenfield force buybacks my POLY.10.1 I'll be on MPEX
usagi: Once I get it... boom
usagi: I need some data for yubikeys which is not publicly available right now
Harvey00: Things will make sense in good time I suppose
DeaDTerra: I have been buying futures on icbit.se but it's very low volume :(
DeaDTerra: where and how can I but these options?
usagi: I'm working on a non-yubikey + password and/or google auth login
Harvey00: Ah, well, I'm still perplexed.
usagi: I showed it to you
DeaDTerra: Mircea, I am hedging against the increase of Bitcoin price ofc
usagi: I tripled my money
usagi: At $15 if I cash out
rg: i wonder if this new customer i got
mircea_popescu: i don't worship the devil
farfi: hehe no way.... I was blinded last time I looked at the site...
leotreasure: i'm thinking maybe just try to raise 10m on the assumption that prices will continue to rise
leotreasure: looks like i need to raise $50m
leotreasure: i'm considering starting a Bitcoin based banking operation
usagi: I have so many bitvps shares that it pays for my hosting.
DeaDTerra: rallying prices, bearish GLBSE market and decrease in payouts from Pirate. With no way to hedge against the price increase, how the fuck am I going to be able to make a profit now...
usagi: I am designing a system right now where the user passwords encrypt their data individually , so that even if someone breaks into the system they can't do anything to the user accounts.
DeaDTerra: as soon as I get somewhere to hedge they get hacked xD
BTC-Mining: Well in any case, goodbye, I'm off for the day
rg: i need to axe that
mircea_popescu: "i love btifloor, simplicity. less is more"
rg: i love wordpress
Harvey00: I always end up going to notepad in the end
BTC-Mining: I hate CMS
rg: i dont even think he exists anymore
rg: i forget who did the original template
BTC-Mining: I vaguely integrated the Wordpress template for Bitvps to plain html/css to frame around bitvps's WHMCS client area
rg: i think it was some random guy
rg: i think he did everything for bitvps
BTC-Mining: I don't know much about that. I can help for almost anything else.
BTC-Mining: I wouldn't recommend server setup/security however, or advancing scripting (web development)
BTC-Mining: If I work for it, maybe it would make sense to invest in it eh
BTC-Mining: I don't invest in it but I've done some small work from time to time for rg
rg: mircea_popescu: dude i hate to admit it, i am a great salesman
mircea_popescu: i like rg's salesmanship.
mircea_popescu: BTC-Mining that sounds like something from the "trust me i know what i'm doing" comicbook
BTC-Mining: But honestly, I doubt that.
mircea_popescu: i thoughty you hosted him ?
mircea_popescu: this is pretty cool. can i short them ? :D
mircea_popescu: glbse is slow. now i can't check up wth bdt is.
mircea_popescu: o i c what you mean.
mircea_popescu: Harvey00 but i mean if they sold btc they got usd nao, why'd they be broke ?
rg: fuck i want mybitcoin.com
nefario: I thought it was something else
mircea_popescu: You've (almost certainly inadvertently) stumbled upon my contact page... Aren't you lucky! :) You might know me from one of my venues, but feel free to roam around and explore some of the other things I'm into as well. And, of course, please don't hesitate to contact me. I'm very friendly, and I rarely bite (hard)...
mircea_popescu: Don't I look great... when my picture is this small...
MoneyIsDebt: I started coding python because I'm a monty python fan.
nefario: I can't even use it
rg: i mean
rg: i will post it her
rg: but if i find less critical comical shit
rg: i will be emailing the admin
rg: if i find anything
mircea_popescu: rg, i'll cut you a deal : for every million btc's you get on the guy;'s site i'll credit you 1 satoshi
Harvey00: I think most people admire the hackers for holding stupidity accountable.
nefario: I think most blame the operators
mircea_popescu: problem is nobody says "i lost my btc because i was an imbecile"
rg: i hate the forum
rg: i email and use IRC
rg: i dont read posts
nefario: I don't think so
rg: i just emailed him
Harvey00: I can't believe this. It's too funny to be true.
rg: i cant believe someone would attempt such a blatent rip off?!
nefario: I don't know really
nefario: I think it's the same thing
mircea_popescu: tesla museum. actually, there's a tesla museum in belgrade, i visited it.
mircea_popescu: i don't usually read reddit, it strikes me as about on par with bitcointalk, intellectually.
BTC-Mining: I mean...
mircea_popescu: if they were shorting bitcoin i'd see a lot more hedging volume on options.
mircea_popescu: tbh kludge is the most vulnerable i would guess, he got hit by an undisclosed loss in the owens case, if he also has a pile of toxic debt and the people start flooding out of his pirate passthrough thing...
mircea_popescu: i would have expected honestly to see daisychain defaults in the banks
MoneyIsDebt: I can't see many other reasons to take expensive bitcoin loans , especially now that the prices are skyrocketing
MoneyIsDebt: I guess if you're addicted to drugs and need to buy on SR you'd agree to those rates
mircea_popescu: i know some people lend to forum users, sorta consumer/retail loans
BTC-Mining: I'll add a note about that in the thread I guess
mircea_popescu: i thought he paid 1% a week, where's 2.25 from ?
BTC-Mining: Well I have created a new asset.
mircea_popescu: you sly dog you. i wouldn't worry about any blemishes.