381700+ entries in 0.104s
mircea_popescu: "In practice, this vision calls for building actual communities that would be beyond the reach of the state that Silicon Valley’s libertarians despise."
☟︎ mircea_popescu: KRS1 ltc around 1 usd ain't hurting anything. on the contrary, puts the greenback in its proper perspective.
mircea_popescu: if you don't, you don't, we all agree, nobody cares. move on.
mircea_popescu: skinnkavaj dude stop drowning yourself in words. if you think ltc will go up as high as 0.04 btc, you can take the 10:1 odds against on that bet and make out like a pirate.
mircea_popescu: i dunno anyone cares enough to bet on that one. seems like random noise.
mircea_popescu: so then there you have it. that bet only asks for ltc to go up 4x raher than 5x
mircea_popescu: "bitcoin will reach 1000 usd before litecoin will reach 50 cents again" ?
mircea_popescu: you don't see any of the ~20k english words outside of the "retard 200" used often in covernsation.
mircea_popescu: i blame the usg and fdr for this particularly niggardly redefinition of community.
mircea_popescu: by now "the community" = the group of people who;'d want freebies at other's expense.
mircea_popescu: "I hope that the person who won the auction make available for the community part of the chips from reel at a reasonable price.
mircea_popescu: it would be cool if borat and ali g each started their own asic miner company
mircea_popescu: at least have the decency to ennumerate quality first if that's your "unequivocal comittment"
mircea_popescu: what the ever loving fuck. how long ago did they stop teaching logic ?
mircea_popescu: "We focus on this each and everyday [...] by finding a balance between expediency and quality."
mircea_popescu: "Since the start, HashFast has been unequivocally committed to the idea that we will produce the highest quality product."
mircea_popescu: <asciilifeform> if you're in the cockpit 12-14 hr/day << jesus we're basically space piliots here
mircea_popescu: (incidentally, this is also why ipads are doomed as a serious technology. no right click ? fu.)
mircea_popescu: we're really very well designed, which means economically designed.
mircea_popescu: yeah. loss of fine motor control as a result of inervation of the gross motor pathways.
mircea_popescu: it's really uncomfortable for humans to hold their arms extended in the air.
mircea_popescu: anyway, you don't HAVE to underwrite options, you can pretty much cover all strategies simply buying
mircea_popescu: i think the sort of macro stability you want here may take a little more than a few months.
mircea_popescu: so, in general mike_c i can see some merit for what you're saying, and in the end things are going to move that way. mpex is in no way given for all time as it is.
mircea_popescu: asciilifeform yeah. tho he cheats by having the piano there.
mircea_popescu: well no, problem branches in a different direction now.
mircea_popescu: suppose you have credit taken which gets called on the ground of exercises being announced.
mircea_popescu: announcing the exercise is not substantially different, in that it would send an actionable signal of the same type.
mircea_popescu: in a heavily mommentum traded by vastly the incompetent and clueless, on very little actgual capital
mircea_popescu: if you dump this 650 btc into buying more btc on margin, you are in fact adding to the noise
mircea_popescu: a week later, the price doubles. you get exercised. you obtain say 650 btc back.
mircea_popescu: let's take a case, as a for instance. you write 1000 calls @200, deposit 1000 btc.
mircea_popescu: conceivably it would cause panic, especially if you take the returned capital to immediately go the other way.
mircea_popescu: basically underwriting an option puts you in this firm, fixed term commitment.
mircea_popescu: exercises are assigned, but collateral is not returned until end of month.
mircea_popescu: on the other hand, the btc options market is fragile, and this may be one of those cases where information aggravates problems.
mircea_popescu: so, on one hand option exercises are not commonly announced in any market.
mircea_popescu: and the 2nd doc is the registration paperwork of the panama fund thing. the first is a list.
mircea_popescu: Vp7771 you know you can just type mirc and hit tab, that way it actually highlights
mircea_popescu: in the sense you were right about investments recently, sure.
mircea_popescu: mike_c by the end of this month you can count on it as impossible.