log☇︎
344900+ entries in 2.534s
assbot: [GLBSE] [NYAN.A] 90 @ 1 = 90 BTC [-]
smickles: wait, didn't usagi say yar was worth 1 regardless of a pirate default?
Diablo-D3: a lot
usagi: Can't get a trade screen to open on glbse
farfi: its a day to remember
mircea_popescu: kakobreklaa a tit in each hand.
kakobreklaa: how can you watch a movie while dis is happenin
mircea_popescu: ima go watch a film or something, this is too much.
smickles: ah well, i got a good price for 'em, we'd have to actually drop below 9 for that to hurt
mircea_popescu: a ty
gribble: Error: "bid" is not a valid command.
smickles: you should lay down a C1000N, just for the fuck of it
mircea_popescu: what a day.
mircea_popescu: ok, this is a clearly massive selloff.
usagi: it's difficult to get a trade page on glbse
smickles: waht a name
usagi: You should take a look at what NYAN.B invests in
smickles: a couple of small gems
assbot: [GLBSE] [PPT.A] 1 @ 0.95 BTC [-]
mircea_popescu: miner bonds, where you make a little each month and lose 2x from your capital same month
assbot: [GLBSE] [PPT.A] 1 @ 1 BTC [-]
usagi: I actually had a theory that pirate defaulted because people were withdrawing from direct accounts and buying YARR and other issues
smickles: i did, however buy some C100T at a good price
smickles: it's why i have a delta neutral position, overall
smickles: i've been realy antsy about btc/usd for a while now
smickles: like a dollar
usagi: keeping up with daily payments is a huge drain
usagi: I'm actually kind of relieved. I had wanted to sell YARR and focus on writing a killer bitcoin app
usagi: If you believe pirate will shut down in an orderly fashion, NYAN.C is a good play.
usagi: NYAN will pay out because it passes thru from A and B as well
usagi: However there is a risk that pirate will return nothing and NYAN will pay zero for a couple of weeks
usagi: NYAN will have a huge dividend.. hmm, more than 30% I think
usagi: After the payout there will be a huge dividend
usagi: NYAN.C is a derivative and if pirate goes to zero it is still worth 1 btc
usagi: We will then operate a bidwall at 1.
smickles: i want t make a 1000 btc bond which matures in 1 year and pays a monthly coupon of 15 btc, or something like that
mircea_popescu: Starting today, I've lifted the referral only requirement to open a Savings account.
mircea_popescu: I’ve spoken with my clients over the last week and come to an agreement that would allow me to close down my operation within a week. Currently my reserve (operating wallets) are drained from fulfilling the withdraw spree that happened after the rate drop announcement. All withdraws at this point will be delayed until Monday when the shutdown process begins..
usagi: It pays out about 8-9% a week
mircea_popescu: smickles i think that musta been a self trade.
smickles: all these other things are taking a dive, mpcd gets a 1k buy
assbot: [MPEX] [B.MPCD.A] 1000 @ 1.003 = 1003 BTC [+]
nanotube: mircea_popescu: by definition, a ponzi cannot be softlanded. there cannot be enough money to pay all depositors. so if all funds are paid out, it was not a ponzi
mircea_popescu: or 1% ish a week if you do weeks.
mircea_popescu: or just go for a normal honest to god bond like in sanityland ?
mircea_popescu: JWU42 : B.MPCD.A actually paus 2% and it's senior.
Chaaang-Noi: hi, give me a sec
smickles: i was hoping for a simple bond
smickles: so mircea_popescu, in this new world, what kind of coupon would be interesting for a Ss²cbond?
mircea_popescu: i'll have a whole lot of respect for him. its earned.
mircea_popescu: dude i tell you, if that guy ran a ponzi for ~1 year and manages to soft land it
assbot: [MPEX] [B.MPCD.A] 3663 @ 0.001 = 3.663 BTC
assbot: [MPEX] [B.MPCD.A] 70000 @ 0.001 = 70 BTC
Obsi: Someone should sell popcorn for BTC, they'd make a killing
EskimoBob: no, if he closes down and returns money, this is NOT a default
JWU_42: nefario: just a tad ;)
assbot: [GLBSE] [PPT.A] 2 @ 1.1104 = 2.2208 BTC [-]
assbot: [GLBSE] [PPT.A] 5 @ 1.1105 = 5.5525 BTC [-]
mircea_popescu: EskimoBob yea, that may be a problem. especially for daytraders.
mircea_popescu: smickles its a robot maker i think ?
smickles: all i see is a black screen
nefario: mircea_popescu: actual processing of trades has to happen in a queue
mircea_popescu: it just so happens that by accident at the EXACT SAME TIME two people sell, A and C
smickles: did i know, mp, lol, i once came across a girl who thought her stuff was my cum
mircea_popescu: nefario : suppose i have 10 btc. i put in three orders, to buy A, B and C each for 10 btc.
mircea_popescu: did you know that the hornier a girl is, the more viscuous her moisture ?
mircea_popescu: you'd think reserves are a good thing
nefario: followed by a shitonne of improvements
nefario: that has been a right PIA
assbot: Requesting data from GLBSE (might take a while).
EskimoBob: Do any of you have a DMC's holdings report available with update prices and divs?
area: I wasn't worried too much about a delay, just wanted to make sure I'd requested them :-)
assbot: [MPEX] [B.MPCD.A] 60000 @ 0.001 = 60 BTC
nefario: hmmm, not actually a bad idea
EskimoBob: div calendar will be a cool feature
kakobreklaa: that has been promissed a while ago :p
nefario: which will be a shitload faster than current version
mircea_popescu: jesus god this is a keg of powder.
kakobreklaa: a small one this time
kakobreklaa: there was a post failure reboot
EskimoBob: you see mircea_popescu. Porn is a business for shit birds and you have to be one to run it or get involved in this
mircea_popescu: ok, anything up to here. A POET ?!?! FUCKING SCUMBAGS
mircea_popescu: you wrote a haiku for btc ?
EskimoBob: for a while
EskimoBob: sorry dude, in this case you are a loser for life and deserve no attention at all. What a fucking scumbag.
mircea_popescu: i never acted. i guess i directed a coupla times maybe ? i dun recall.
copumpkin: EskimoBob: I am a hardcore pornographer
mircea_popescu: your internet a little borked ?
copumpkin: oh wait, I'm a brontosaurus
EskimoBob: greek banker who wants to be a jew ... my gods, this IS the end of the world as we know it
mircea_popescu: ugh ? how am i a greek ?
EskimoBob: and for fuck sake, you are a greek so wtf do you even know about finance ... LOL
EskimoBob: only if you are loser and a shitbag, then yes, because this is all you can come up with
mircea_popescu: greed is a good thing.
EskimoBob: what a waste of life it is.
mircea_popescu: well i don't run a bank nor am i jewish, but i'm a finance type.
EskimoBob: you are a banker?
mircea_popescu: a, now that's a different story. we agree on that.
mircea_popescu: they're merely a conduit for governmental charity, and as such the value of one share is more or less the value of one food stamp.
EskimoBob: dead banker is a good bajnker