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mircea_popescu: i am considering expanding it to work both ways and fully identify trades but there's also performance issues to consider and a whole keboodle.
mircea_popescu: at the present time it only works if your order hits the book
mircea_popescu: the solution basically allows the person putting in the order to compute a hash of it and then identify it in their execution reports.
mircea_popescu: benkay superficially it is not a problem, but on the old system (before the previous upgrade) there existed windows of a few minutes between when the trade engine executed and when the web proxies reported.
mircea_popescu: coingenuity i have people paid to pay attention and i have people paid to man the watchtowers for me.
mircea_popescu: The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.
mircea_popescu: basically... they fixed the site to stop cheating after i slapped them last year
mircea_popescu: They added that in an attempt to force people out of their positions rather than just sitting on them; they claim it'll aid liquidity. Greedy.
mircea_popescu: Actually there is a closing trade fee now for April and later contracts!
mircea_popescu: kakobrekla i trust people on there to deliver prime comedy
mircea_popescu: all memory is made there. all semiconductors are produced in asia
mircea_popescu: all harddrives in the world are made in the same azn river bank
mircea_popescu: things don't work that way, you don't get to define what value is.
mircea_popescu: this is like saying mpex doesn't add value because css.
mircea_popescu: bitcoin is mined on asian designed, asian produced, asian delivered asics.
mircea_popescu: even when it came to it, asian firms delivered mining asics
mircea_popescu: your asian cultural masters slapped an american looking label on it
mircea_popescu: the stakes just got too high for my blood in this convo.
mircea_popescu: fact is, the us has zero worldwide brands in the sense that china has baidu and doesn't care about google.
mircea_popescu: LameCoin- because by "worldwide" you count a pool of 2-300mn people nobody cares abnout.
mircea_popescu: the problem seems to be you're mingling a lot of assumptions crafted for comfort into your estimations.
mircea_popescu: products are not the point. you were discussing macroeconomy.
mircea_popescu: but that's a minor point comparing to the other hairs sticking out of the code
mircea_popescu: if it settles in bitcoin it doesn't even matter if the world uses zimbabwe dollars.
mircea_popescu: LameCoin- notional derivative trade is literally boundless.
mircea_popescu: i'd better start remembering at least the motherfucking titles.
mircea_popescu: midnightmagic you still got any coins minted a year or two ago ?
mircea_popescu: LameCoin- i know at least a coupla people here who held, so it'd be above 1% for sure :)