ThickAsThieves: if they can deal in 5000btc of puts, odds are they are a pretty big deal

ThickAsThieves: maybe that depends on how large of a manipulator the actor really is

ThickAsThieves: only if price drops too low

ThickAsThieves: this theory is obv half-baked, just thinking out loud

ThickAsThieves: okay, suppose the actor actually represents a great majority of the highest 5000btc of the bid book on Gox. Couldn't he sell those puts, dump 5000btc into mostly his own bids, driving price lower so he can now buy more btc at the new lower price? As long as he doesnt sell so low that he triggers the bot to excercise, he would be leveraging the btc to get more btc

ThickAsThieves: my idea is that the moves dont have so much to do with price movement, as accumulating more total btc

ThickAsThieves: i assume more btc was paid to the seller, than the amount he has up for collateral?

ThickAsThieves: or is it done by peeps with credit accounts

ThickAsThieves: what kind of collateral is need to write puts like that

ThickAsThieves: (fast fingers)

ThickAsThieves: FF

ThickAsThieves: probly a sign that i'm the sucker in the room...

ThickAsThieves: i'm just glad i got some affordable calls

ThickAsThieves: not that superstition is the best financial strategy

ThickAsThieves: too many coincidences in that case, imo

ThickAsThieves: so the dump is coincidence?

ThickAsThieves: is that a safe assumption?

ThickAsThieves: neither*

ThickAsThieves: if selling both, he wants neother to be profitable for the buyer

ThickAsThieves: is the goal to stabilize the price?

ThickAsThieves: ah

ThickAsThieves: dump the btc

ThickAsThieves: buy calls

ThickAsThieves: the sell the puts

ThickAsThieves: lemme see

ThickAsThieves: [10:34] <jborkl> I think I have it figured out, and it is pretty damn smart. If not, I am going to do it <--- so if it's dumb you're gonna join in?

ThickAsThieves: selling all those puts doesnt fit with this big dump though, right?

ThickAsThieves: and tor cant protect it without a change

ThickAsThieves: apparently site is under attack

ThickAsThieves: somewhat temporarily

ThickAsThieves: SR is shut down

ThickAsThieves: well then

ThickAsThieves: thats a big dump

ThickAsThieves: :)

ThickAsThieves: there

ThickAsThieves: :/

ThickAsThieves: i shoulda out bid the bot for the calls if i wanted some

ThickAsThieves: except that bot could close him before he does

ThickAsThieves: thats someone selling to bot

ThickAsThieves: no

ThickAsThieves: so why sell those puts to the bot

ThickAsThieves: those are already in the money right?

ThickAsThieves: [10:11] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25680427 = 1256.8043 BTC [+]

ThickAsThieves: [10:05] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25457896 = 1254.579 BTC [-]

ThickAsThieves: [09:56] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25521432 = 1255.2143 BTC [-]

ThickAsThieves: [09:52] <@assbot> [MPEX] [O.USD.P320T] 1000 @ 1.25537321 = 1255.3732 BTC

ThickAsThieves: bot*

ThickAsThieves: not odd that the bit would ex

ThickAsThieves: odd that he would sell those puts

ThickAsThieves: odd

ThickAsThieves: so couldnt the bot just excercise these new puts and close this guys position

ThickAsThieves: thats the 4th sell

ThickAsThieves: How does the bot handle options it buys? Does it ever excercise, or try to resell? If it excercises, does it wait for a certain % of profit?

ThickAsThieves: $avg

ThickAsThieves: !ticker m ^OIX

ThickAsThieves: we could call it blockchain.info

ThickAsThieves: How does the bot handle options it buys? Does it ever excercise, or try to resell? If it excercises, does it wait for a certain % of profit?

ThickAsThieves: $avg

ThickAsThieves: interesting

ThickAsThieves: someone made and sold to bot

ThickAsThieves: those are already break even

ThickAsThieves: hrm

ThickAsThieves: uh oh

ThickAsThieves: yay a milestone

ThickAsThieves: ;;bc,stats

ThickAsThieves: but i get it i guess

ThickAsThieves: not user loss

ThickAsThieves: then they should just comment on user activity

ThickAsThieves: how doe facebook lose users anyway? people actually take the time to close accounts?

ThickAsThieves: but that rgument seems to be used quite often by the right

ThickAsThieves: or maybe rely on group thought?

ThickAsThieves: i think mp's point may be when individuals release power of problem solving to a group

ThickAsThieves: but but what about groups of individuals?

ThickAsThieves: not me, but I do love the word prescience

ThickAsThieves: ignoranity

ThickAsThieves: which does about 680/s on litecoin (more profitable)

ThickAsThieves: $

ThickAsThieves: you can get a 7970 for like 340

ThickAsThieves: oh you have to pay elec + 1% mgmt fee too

ThickAsThieves: https://bitfunder.com/asset/Cado.AvalonB3

ThickAsThieves: no joke

ThickAsThieves: i think this is also evidence that a split share AM asset would do well

ThickAsThieves: derp

ThickAsThieves: shit i'm so stupid, I shouldve boght AM blades amd then IPO'd at 10x

ThickAsThieves: horrible

ThickAsThieves: but still

ThickAsThieves: so not AS bad

ThickAsThieves: sales started at .03 tho

ThickAsThieves: lol

ThickAsThieves: i dunno, i think thats the guy who runs the BF bot

ThickAsThieves: Jezzz?

ThickAsThieves: talk to Jezz

ThickAsThieves: guy is breaking up 3 Avalons on order into 33000 shares

ThickAsThieves: it's an asset on BitFunder

ThickAsThieves: that is 1/11000 of an Avalon

ThickAsThieves: and you thought people were overpaying for blades

ThickAsThieves: <+AssetBot> [Cado.AvalonB3] 1 @ 0.05000000 = 0.05000000 [+]

ThickAsThieves: a boy named sue

ThickAsThieves: peggy sue

ThickAsThieves: they will