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mircea_popescu: i know it's a bitter pill, but seriously... we'll end up fucked.
mircea_popescu: the sheeple following trends are doing a "we follow baaa baaaa" number on bitcoin
mircea_popescu: this is basically the worst attack on bitcoin from the very people bitcoin is here to slaughter.
mircea_popescu: taub not even. affraid we'll end up with a rehash of the runup to 30
mircea_popescu: i dunno, mtgox/cointards are doing a pretty darn good job of it
mircea_popescu: a whale doesn't have any particular interest in fighting the tape.
mircea_popescu: yeah. if you go over that you're basically leveraging into a short.
mircea_popescu: price goes to 50. your puts are now worth 2k btc. you've made 20x
mircea_popescu: you buy 1k puts struck at 100. these cost you .1 each, so you pay 100 btc
mircea_popescu: iirc they were making plans to have 12th online in january, still ain't happened.
mircea_popescu: so basically instead of mercury all the time which is silly
mircea_popescu: jborkl send him an email "don't delete my key and list with mpex" lol
mircea_popescu: ya i like he's like the ONLY ONE with enough sense to copy the mpex model
mircea_popescu: the weirdo looks quite fuckable, form a female perspective
mircea_popescu: i'm probably striking any deals and banning involved accounts.
mircea_popescu: moreover, a small exchange washing would stick out like a motherfuckingsore tumb
mircea_popescu: Lyspooner i've failed to measure such an effect so far.
mircea_popescu: making their bullshit painfully obvious and easy to pinpoint