mircea_popescu: lolwut, mnw wants his forum donation bacxk ?

mircea_popescu: benkay worth a read in any case.

mircea_popescu: otherwise, he's the anti-snowden.

mircea_popescu: ThickAsThieves no, that's what he pretends to be.

mircea_popescu: by creating one.

mircea_popescu: hearn is the guy that answered experimentally the usg's question as to "what happens in case of major bitcoin fork ?"

mircea_popescu: not sometimes. always.

mircea_popescu: pretty much what he's doing is trying to fuck up bitcoin.

mircea_popescu: nah, cause mole.

mircea_popescu: benkay we despise hearn.

mircea_popescu: lol if they knew the words, yeah.

mircea_popescu: #derpfinance trending yet ?

mircea_popescu: benkay ^ check that shit out

mircea_popescu: wait what ?!

mircea_popescu: which cube was already a descend into suck, as their prev logo was still better

mircea_popescu: hahaha i guess so!

mircea_popescu: next they'll put a penguin up there or some emu or something

mircea_popescu: why do people do this

mircea_popescu: jesus the new blockchain logo is fugly.

mircea_popescu: mike_c no actually there's a girl reading my shit

mircea_popescu: http://trilema.com/2013/youre-gonna-have-to-learn-that-variety-speak/

mircea_popescu: see here :

mircea_popescu: chipug welcome to finance! it IS a different language.

mircea_popescu: mike_c it paid a little!

mircea_popescu: lol

mircea_popescu: jurov apparently mpoe doesn't think 852 is the number.

mircea_popescu: mike_c that also works. it's really basic fractions after all.

mircea_popescu: yes.

mircea_popescu: since these are .1 btc lots, they sold for .488

mircea_popescu: so yeah, a 1 btc put struck at 5k is worth tm about 4.86 btc.

mircea_popescu: puts present value is (strike - spot) / spot.

mircea_popescu: wait what ?!

mircea_popescu: so there you have it, jurov enables cheating and thus ensuring people never learn anything.

mircea_popescu: lol

mircea_popescu: never mind that. this is a basic skill, calculating present value of options. do so.

mircea_popescu: what's this, school ?

mircea_popescu: calculate it, dun copy/paste numbers at me

mircea_popescu: kingofsports, calculate for me the present value of one put option on 1 btc struck at 5000 dollars.

mircea_popescu: jesus.

mircea_popescu: kingofsports mpoe bot bought 1k lots of .1 btc for .488 each, worth 488 total

mircea_popescu: rest is easy.

mircea_popescu: 0s are the most expensive part of finance.

mircea_popescu: srsly.

mircea_popescu: lol

mircea_popescu: lots*

mircea_popescu: kingofsports the losts are .1 btc dood.

mircea_popescu: technically the lot is .1 but same effect.

mircea_popescu: kingofsports they all expire last fri of month

mircea_popescu: kingofsports mno, he sold puts.

mircea_popescu: o, that. so go to #bitcoin-assets-trades for all the dust.

mircea_popescu: kingofsports puts sold short = long play, which is what i said.

mircea_popescu: chipug well, if they want to listen, sure.

mircea_popescu: hi.

mircea_popescu: chipug don't take what ppl say to heart eh. if nobody knows you and you behave "weird" you'll get trollbaited.

mircea_popescu: which i think still includes gox

mircea_popescu: ThickAsThieves nah, uses the bitcoincharts usd avg

mircea_popescu: ThickAsThieves yeah htey found me.

mircea_popescu: chipug you wanted someone up the pole or w/e, you're talking to him. now what ?

mircea_popescu: chipug sure.

mircea_popescu: like pitbulls etc.

mircea_popescu: not like the litthe fuckers you gott fight with

mircea_popescu: they prolly want you to.

mircea_popescu: you can ask for the dog to get it.

mircea_popescu: so basically if you can't reach in the top cabinet,

mircea_popescu: ahaha

mircea_popescu: just simple pattern matching dood. the last time i was talking to someone telling me about how "it's great, so goddamn big but gentle" the subject was penis and the speaker a slut.

mircea_popescu: nubbins apparently likes the cok.

mircea_popescu: dub is un-a-bashed.

mircea_popescu: it's inside or it's not present at all.

mircea_popescu: people don't get their "courage to live" from a bunch of other dorks.

mircea_popescu: fucking bullshit of the first degree, incidentally.

mircea_popescu: was that crowdsourced ?

mircea_popescu: dude how long had you been waiting for that one ?

mircea_popescu: ahahaha

mircea_popescu: there, fixed.

mircea_popescu: http://25.media.tumblr.com/64b937d1f1500255f36acd975c2c3d3a/tumblr_mg1dypz7xQ1ru15g3o1_500.jpg

mircea_popescu: this book is like 25k, so far.

mircea_popescu: for the record, the record is 482`472 BTC notional trade. back in march.

mircea_popescu: ahahaha dat touch.

mircea_popescu: your inner spider is sensible.

mircea_popescu: ya srsly.

mircea_popescu: basically one of the squatters moving ot a ms outfit can account for the entire "trend"

mircea_popescu: it's not particularly meaningful imo, but hey.

mircea_popescu: thy count domains.

mircea_popescu: possibly.

mircea_popescu: i dunno how much weight i put on "sites" counting.

mircea_popescu: BingoBoingo i guess we see if there's further divergence.

mircea_popescu: what do real women do ?

mircea_popescu: o look it's tapering

mircea_popescu: did he perform ?

mircea_popescu: real men analdrop it ?

mircea_popescu: .6

mircea_popescu: something like 6 btc

mircea_popescu: lol

mircea_popescu: BingoBoingo pennymeteor

mircea_popescu: must be so

mircea_popescu: we're sort-of taking turns to act as an executive officer for the week...

mircea_popescu: so i guess bitbet killed last month... mpex kills this month...

mircea_popescu: well that lasted 3 entries...

mircea_popescu: "ActualMoney HACKED! 70 million people's wallet information stolen! Wallet's flawed! May need to upgrade wallets to new version!"