log☇︎
428000+ entries in 0.164s
mircea_popescu: http://trilema.com/mpex-paid-accounts
mircea_popescu: mjr_ they're out already
mircea_popescu: mjr_ end of options month. last friday
mircea_popescu: for srsly!
mircea_popescu: it looks like a stock!
mircea_popescu: kakobrekla dude that sierra chart...
mircea_popescu: :D
mircea_popescu: thestringpuller (you don't get) (2 bn worth of ((in your face plebs) neener)) (without spending 2bn (to implement it)).
mircea_popescu: thestringpuller you don't get 2 bn worth of in your face plebs neener without spending 2bn to implement it.
mircea_popescu: keep all your wealth in btc, pay bills or w/e in cash
mircea_popescu: i bet you the average here would be north of 500
mircea_popescu: the average atm withdrawal is like 50 bux
mircea_popescu: it's not to consumers.
mircea_popescu: it isn't.
mircea_popescu: thestringpuller eh ?
mircea_popescu: http://trilema.com/2013/the-free-cash-machine/
mircea_popescu: x = 31/.85
mircea_popescu: .85 = 31/x
mircea_popescu: 1 - 31/x = .15
mircea_popescu: ...
mircea_popescu: i mean (x - 31) / x = .15 obviously
mircea_popescu: get the x, the WEIGH THAT
mircea_popescu: then you have (x - 31 / x) = .15
mircea_popescu: if call is struck at 31 and price paid was 0.15
mircea_popescu: Namworld forget weighted.
mircea_popescu: which is different somehow
mircea_popescu: not to be confused with kako braka
mircea_popescu: kakobrekla is "that's what she said" in turkmenistani
mircea_popescu: ;;later tell bugpowder <kakobrekla> http://shrani.si/f/d/A8/2WDF9SMB/sierra-mpex.png
mircea_popescu: kakobrekla cool stuff!
mircea_popescu: jesys hard name to remember
mircea_popescu: i was etotheipi!
mircea_popescu: a thanks ThickAsThieves
mircea_popescu: thestringpuller for next week's btc price i think
mircea_popescu: so people know how much btc that guess has behind it
mircea_popescu: you can also publish the result of the (281032790 +61731894) sum
mircea_popescu: which whiole not precise, will be a MUCH better guess than any other guess someone makes.
mircea_popescu: out comes a number.
mircea_popescu: pick something, like t 7d and that's it.
mircea_popescu: yup
mircea_popescu: you just take the entire vwap list and calc the average for everything there.
mircea_popescu: no Namworld you mix all.
mircea_popescu: why not ?!
mircea_popescu: but mix p and c
mircea_popescu: well, don't mix t and n
mircea_popescu: yes.
mircea_popescu: this has been there for > 6 months
mircea_popescu: allthetime:D
mircea_popescu: Namworld a sort of "btc value implied by option contracts"
mircea_popescu: thestringpuller that's in the faq dood. http://mpex.co/faq.html#11
mircea_popescu: thestringpuller no, inasmuch as it's the statjson of that account.
mircea_popescu: final value = (x * 281032790 + y * 61731894) / (281032790 +61731894)
mircea_popescu: in the case of 310 breakeven is x, in the case of 220 breakeven is y
mircea_popescu: now, working on the 7d averages
mircea_popescu: "O.BTCUSD.C220T": {"1d": {"avg": "","min": "","max": "","vsh": "","vsa": "","cnt": ""}, "7d": {"avg": "20577298","min": "20577298","max": "20577298","vsh": "3","vsa": "61731894","cnt": "1"}, "30d": {"avg": "19660880","min": "18744462","max": "20577298","vsh": "6","vsa": "117965280","cnt": "2"}}
mircea_popescu: "O.BTCUSD.C310T": {"1d": {"avg": "","min": "","max": "","vsh": "","vsa": "","cnt": ""}, "7d": {"avg": "28103279","min": "28103279","max": "28103279","vsh": "10","vsa": "281032790","cnt": "1"}, "30d": {"avg": "28103279","min": "28103279","max": "28103279","vsh": "10","vsa": "281032790","cnt": "1"}}
mircea_popescu: Namworld i give you an example.
mircea_popescu: i imagine you would get a bunch of people going there daily just to check that
mircea_popescu: and publish the final result.
mircea_popescu: then average this weighted by the volume of that line
mircea_popescu: go into the vwap json, calculate the implicit breakeven of each option line
mircea_popescu: something like this :
mircea_popescu: hey listen, why don't you make a single value ?
mircea_popescu: Namworld o interesting!
mircea_popescu: why/into what/why/etc
mircea_popescu: and absent actual experiments (which did NOT occur) the agreement is by definition agreement of idiots.
mircea_popescu: agreement doth not reality make.
mircea_popescu: Namworld i think not
mircea_popescu: thestringpuller that's not how reality works i'm affraid.
mircea_popescu: consequently, the headcount of "known and respected" is dismal.
mircea_popescu: thestringpuller but you do bring an interesting point. in spite of 1mn words being written a week into this channel, there's an incredible dearth of people doing useful stuff, such as, keeping a blog with good quality research.
mircea_popescu: not such a big deal.
mircea_popescu: for that matter the owner himself can come out and make monthly statements like everyone else.
mircea_popescu: thestringpuller dooglus can, if he feels like it.
mircea_popescu: you wish to propose something exists, you'll have to do a lot better than that.
mircea_popescu: thestringpuller that's neither here nor there.
mircea_popescu: Ukto surely.
mircea_popescu: or for that matter, off of Bush's wmd's estimates.
mircea_popescu: otherwise, we might as well steal the numbers off of RIAA/MPAA's piracy estimates
mircea_popescu: absent a statement from the owner itself, i want to see the estimate of someone i know and respect.
mircea_popescu: no.
mircea_popescu: some clueless noob calling his farting "a study" is not going to wash in this conversation.
mircea_popescu: dude.
mircea_popescu: link ?
mircea_popescu: im too lazy to dig up the data, but most of 2012 they ran in the red.
mircea_popescu: yeah. 20-25 btc iirc.
mircea_popescu: Ukto nono, not sr, mtgox
mircea_popescu: Ukto you seen the sort of expenditure they do ?
mircea_popescu: you're working on maybe 2011 data. or 2010.
mircea_popescu: thestringpuller bs.
mircea_popescu: they did monthly reporting too for a few months but then gave up
mircea_popescu: pizzaman1337 they'd be around there, possibly, but haven't had a report out in like 18 months i think
mircea_popescu: fydel well then it may have to wait a little.
mircea_popescu: thestringpuller how do you know ?
mircea_popescu: i don't think it would be too hard, just get the parser and run it
mircea_popescu: fydel not unless you write it yourself.
mircea_popescu: nobody else comes even remotely close.
mircea_popescu: no, sdice made like 60-70k, mpoe made like 20k or so, there's a reason these are the top bitcoin corps.
mircea_popescu: something like that.
mircea_popescu: i think bugpowder has a copy too, i don't recall where it is on github