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mircea_popescu: pgp i dunno but everyone mining it has real long penises...
mircea_popescu: that's possibly the most ridiculous sounding thing ever. mircoin
mircea_popescu: @Mircea_Popescu You should consider introducing #mircoin
mircea_popescu: holding s.mpoe hedges against everything other than me going mad.
mircea_popescu: this is all highly speculative of course and actual situations may play whichever way circumstances dictate etc.
mircea_popescu: depending on context i think simply another alt chain being worth more would mean i move.
mircea_popescu: if it's this very clear cut, bitcoin is ded, bitcoin' is here
mircea_popescu: FabianB yes, in the very catastrophic event you have in mind.
mircea_popescu: before the recent betsofbitcoin scam bitbet was doing 1.5-2k btc a month, betsofbitcoin was doing 20-50
mircea_popescu: "mpex is too expensive ergo it doesn't exist. the rich people there do billionty dollars, but it never happened because they don't take my fiddy bux"
mircea_popescu: i'm just a little sick of this super-superficial attitude
mircea_popescu: Namworld how do you know it's not investors catching up with adoption ?
mircea_popescu: unbalanced_ ity's not even 3x the previous enfoced plateau
mircea_popescu: i guess people are learning the value of keeping your btc on mpex ?
mircea_popescu: there's like 5 txs to mpex have been waiting to be confirmed for > 2 hours by now
mircea_popescu: maybe btc does a similar number. runs up to 1k or w/e, then spends a year there.
mircea_popescu: itstarted at 0.00002, went to 0.004 within a fewe mionths
mircea_popescu: come to think about it, the evolution of BTC mimicks the evolution of s.mpoe.
mircea_popescu: you know... obviously it would have been better if this happened slowly, over the course of a year.
mircea_popescu: i'll bet you a 50k btc straight sell takes it under 100 atm
mircea_popescu: i dont recall what the command is, but it tells you where priceends up
mircea_popescu: whatever happened to that dude was going to short mpoe last ?
mircea_popescu: ya but if you think about it, if options sold are half put half call by volume... what's gonna happen ?
mircea_popescu: what are you so aggitated about anyway, the oix is half puts
mircea_popescu: if we knew wtf is ghoing on we wouldn't need optioons in the fuirst place
mircea_popescu: this is what you get when geeks get involved in software design.
mircea_popescu: jurov the risk is this : if price goes up, short calls lose money. if price goes down, they make money.