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mircea_popescu: i can't believe forum idiots actually propose btctalk as a comparison for anything.
mircea_popescu: what've they traded since august, say 200k btc or so ? i've made 400 btc off that.
mircea_popescu: "herpderp i learned sort-of webcoding over the summer so now i start a business where other people do the work. it's a platform."
mircea_popescu: Massage4BTC.com is now operational and lets anyone offer local massage services for BTC."
mircea_popescu: Lyspooner the scams there got moved to bitcoin-assets.com
mircea_popescu: hard to tell which is the larger idiot, the zh borg or krugman
mircea_popescu: deadweasel the valuation by last trade algo is prolly dubious
mircea_popescu: so did s.dice get massacred because people thought mpex is gone ?
mircea_popescu: in short : i've put a lot of thinking into creating macrostability here, i obviously may have overlooked holes/been stupid/etc, but it won't be trivial in any case.
mircea_popescu: moreover because all trade settles in btc on mpex that defacto sterilizes some currency too
mircea_popescu: with a lot of finesse you could construct synthetic positions of maybe 100k, but not 1mn and over.
mircea_popescu: more importantly, the mpoe bot book is limited. you can't get much more than 20k or so notional exposure per strike
mircea_popescu: unbalanced in theory this is possible. however this theory tends to blow up in practice. it's no different from any attempt to corner a market, and those have historically ended up poorly.
mircea_popescu: @karenmpd They move. Consumers don't get a say, that's what the definition of consumer implies : "stfu, swallow the menu, say ty".
mircea_popescu: Regulation can stand in the way of innovation in the interest of protecting consumers. What do entrepreneurs do?"
mircea_popescu: the reason is that bitcoin which'd normally hit the exchanges pushing the price gets sterilized on derivative trades on mpex
mircea_popescu: <unbalanced> Anyone have theories as to why this runup is so fast then? Is it driven by MPEX futures, or trader manipulation, or is this how the Fed kills BTC: it just buys them all? << historically mpex futures tend to quench rallies (and probably drops too) rather than amplify them
mircea_popescu: smickles so what've you been up to ? did you get ddosed or something ?
mircea_popescu: all tghe proxy shit was set-up back in jan when somebody tried to ddos mpex
mircea_popescu: my host guy is like "you know we nullrooted some stuff"
mircea_popescu: neck has to be long enough or else you dip your tip in acid.
mircea_popescu: mod6 when you're hung like a snake gotta do what you gotta do.
mircea_popescu: guy got totally plastered, hitched it with the zoo inventory.
mircea_popescu: Chilca : use something like mpex.coinbr.com to connect