log☇︎
396300+ entries in 0.144s
mircea_popescu: if we don't do that, we end up like the soviets.
mircea_popescu: that's what we do.
mircea_popescu: mike_c narrowing the bid/ask spread is the fucking point of life on earth.
mircea_popescu: ThickAsThieves it's just guesswork.
mircea_popescu: topace_ i suspect it's some refund of something or the other.
mircea_popescu: that's what you do. then if you do that the exchange you're active on grows and bitcoin generally grows too
mircea_popescu: your job is to provide liquidity both ways and close the zero-infinity window asap.
mircea_popescu: and your job isn't to sit and bohoo over the misteries of price
mircea_popescu: your job isn't to sit and worry about what if these are the last five shares and we gotta make them last the winter
mircea_popescu: so we find it. halve the interval.
mircea_popescu: ThickAsThieves there's millions of shares in warrants at 1.x ish
mircea_popescu: i'm pretty sure.
mircea_popescu: just buy more.
mircea_popescu: why is your cache shallow ?
mircea_popescu: so ask
mircea_popescu: the later is stupid.
mircea_popescu: options are simple : broaden the base or try and skim as much as possible.
mircea_popescu: you are aware about what volume it traded on ipo right ?
mircea_popescu: rather than try to make .5 btc as 50% of a bitcoin, the idea of economy, growth and generally progress is to make virtually nothing at all over cvasi infinite volume
mircea_popescu: obviously the market will route around this sort of nonsense.
mircea_popescu: this position is unwarranted, and an inclination to assume it marks you as one of those that have to be kept away from it all.
mircea_popescu: if you sell for twice the price basically you've fancied yourself a sort of blessed prince of bitcoin who taxes 50% of capital
mircea_popescu: ThickAsThieves this is all very primitive, but let's go into it.
mircea_popescu: markets exist to allocate capital not to cause friction
mircea_popescu: ThickAsThieves the moment you're factoring in "Scarcity" you've fucked up.
mircea_popescu: yeah the idea with pts is to hold the shares.
mircea_popescu: something like that.
mircea_popescu: jezuz.
mircea_popescu: time's up.
mircea_popescu: lol ok
mircea_popescu: pigeons is there a trollbox in this bitcointernet that you don't keep tabs on ?
mircea_popescu: boss killed, loot springs
mircea_popescu: lol srsly.
mircea_popescu: so that's like 15 ?
mircea_popescu: i wonder where all the dough will end up.
mircea_popescu: is that 10 ?
mircea_popescu: meh.
mircea_popescu: ic
mircea_popescu: ltc-atf.b2 ? wjhat's that, a new fighter-bomber ?
mircea_popescu: maybe i'll do each batch in 48 hours
mircea_popescu: ahahaha
mircea_popescu: lol
mircea_popescu: fix it during the next batch so we get fireworks
mircea_popescu: dub i think the plan is to do like 20
mircea_popescu: lolk
mircea_popescu: so not 8,75
mircea_popescu: kakobrekla is assbot sick ?
mircea_popescu: actually it was 8.75k i see.
mircea_popescu: that's weird.
mircea_popescu: it must be a mental deffect of people. everything's online. nobody reads, noboduy knows anything.
mircea_popescu: i wonder why exactly is btc so fucking opaque ?
mircea_popescu: yes.
mircea_popescu: makes the entire exchange look particularly failboat.
mircea_popescu: this 4x stuff is unseemly.
mircea_popescu: ThickAsThieves so why aren't you putting more sjhares on the market ?
mircea_popescu: dub i was kinda enjoying it
mircea_popescu: the forum can not find the bottom
mircea_popescu: lmao
mircea_popescu: https://bitcointalk.org/index.php?topic=258281.msg2758764#msg2758764
mircea_popescu: jurov
mircea_popescu: maybe pirate bought it
mircea_popescu: dub you're like the 5th
mircea_popescu: wences casares was there, whatever millions, whatever risk taker
mircea_popescu: by the same measure erik was at secret timisoara conference
mircea_popescu: lol@ reddity
mircea_popescu: lol
mircea_popescu: what;s the fire!
mircea_popescu: omg stuff's not even confirmed
mircea_popescu: seems legit.
mircea_popescu: "Designing we are Bootstraping the website....."
mircea_popescu: will keep in mind fior next tiem
mircea_popescu: am i misreading this or is it 2x mpex min 5x mpex max ?
mircea_popescu: benkay i guess 20
mircea_popescu: !t h smg
mircea_popescu: kik
mircea_popescu: all deposits are flushed atm
mircea_popescu: surely.
mircea_popescu: but surely lots of ppl.
mircea_popescu: benkay well... massive. 2btc.
mircea_popescu: well i guess there's profit in pts.
mircea_popescu: 0.o
mircea_popescu: <assbot> [HAVELOCK] [SMG] 16 @ 0.00077 = 0.0123 BTC [+]
mircea_popescu: <pigeons> Namworld: I mean why not just click "withdraw to bank account" on gox if you want a gamble <<< bwahahaha
mircea_popescu: wait wut
mircea_popescu: this is actually going pretty good
mircea_popescu: lol
mircea_popescu: da fuck. barbara walters IS a producer
mircea_popescu: lol
mircea_popescu: im trying to play eve over here
mircea_popescu: omfg buncha trolls
mircea_puffnstuf: I know everything!
mirceapopescu: yes?
mircea_popescu: if some noob shows up on webirc wanting to interview me someone please do a highlight ty.
mircea_popescu: "aren't people bored of the same old scams ? " "well, they still work"
mircea_popescu: but to quote some discussion in eve,
mircea_popescu: rather than rehash endlessly the same tired scams
mircea_popescu: ideally some people actualyl make some btc businesses
mircea_popescu: not the worst fate
mircea_popescu: well youy'd have had a cash distribution
mircea_popescu: a a