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mircea_popescu: certainly the best phds of the future will b done on bitcoin/mpex/whatever
mircea_popescu: so the more people thinking about it the better, a fertile field as it's called.
mircea_popescu: the thing is new, price data extends little in the past, there's a lot of weirdness in the market
mircea_popescu: anyway, btc investment strategies are an intellectual contribution
mircea_popescu: but this is just a sidepoint. if you're looking to invest btc what are you going to do ?
mircea_popescu: anyway, mpex charges .2% seller only. if you make .5 round trip then .3 difference will yiueld 30 btc over 10k traded.
mircea_popescu: you know it occurs to me... when new person takes an hour just to gaze at the edges of this thing...
mircea_popescu: last calculation i recall something like 2k btc total trade volume justifies the fee
mircea_popescu: there was a 10k btc buy of S.DICE in one go at some point.
mircea_popescu: they mustn't do anything. they do what they please,. buy, sell , whatever
mircea_popescu: but anyway, since option stuff was your main interest, read up on the oix
mircea_popescu: but, for high volume or sophisticated peeps it's a nice perk.
mircea_popescu: and most wouldn't know what to do with it if they had it.
mircea_popescu: average investors are not expected to buy themselves a seat at the exchange
mircea_popescu: well, you can go through the MPEx category on trilema, there's a lot of stuff there
mircea_popescu: like pympex, coinbr, there's also a windows gui and a phone one in the works
mircea_popescu: a good section of tools etc were actually developed by community peeps
mircea_popescu: mpex stands as an insult to the intelligence of the average voter.
mircea_popescu: anyway, the O.BTCUSD stuff, those are all option lines
mircea_popescu: ah. right, you said school earlier, what school is that ?
mircea_popescu: i thought im the only one that still remembers that old codger
mircea_popescu: tiberiusiv amusingly, asicminer is using batch 2 chips to make up for blown batch 1 and avalon is using batch 2 money to pay for batch 1. it's like... all the same company.
mircea_popescu: MPOE has been trading btc/usd options since august 2011, there's published monthly reports etc.
mircea_popescu: or you mean, the rage as to what's a good something to pretend you're doing these days ?
mircea_popescu: Franktank really, they do ? i've not seen a good start-up in months.
mircea_popescu: Franktank i've seen some not so impressed people comment but i've not looked into it myself.
mircea_popescu: tho what he stated was "the current state of the art". well... the current state of the art is 356`139 option contracts traded this month.
mircea_popescu: there's been ~2mn notional traded this month, should count for something.
mircea_popescu: cads you can probably start by reading up on mpoe, yea.