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mircea_popescu: im sorry to burst everyone's bubble, but contrary to the widely held belief in conspiratist circles, enforcement of the various financial regulations is traditionally very softgloved.
mircea_popescu: show me a law that says it's ok to steal as long as you don't steal a lot.
mircea_popescu: this theory suffers of the fact that they've not banned my girl.
mircea_popescu: i mean, can we stoop to "why was x banned" level after the "omg, 6mn in bitcoins stoled" this august ?!
mircea_popescu: well then wtf, she STARTED the give theymos a scammer tag thread
mircea_popescu: look on the bright side : you saved 20 btc on a mpex acct.
mircea_popescu: trying to dig up an old post for to show thestringpuller but fuck me if i can find anything in my blog ;/
mircea_popescu: a well if you buy them then im sure coinbr has buy.sell
mircea_popescu: (then again, if you don't have the cash flow to go directly to mpex it may be the case you're not well served by underwriting options)
mircea_popescu: there's both a mkopt and a split option implemented, you know this ?
mircea_popescu: a few months ago btc was ~5 and options went 1 to 10 at a .5 step
mircea_popescu: as long as you keep it as btc afaik in most jurisdictions there's no declaration
mircea_popescu: gp5st if you sell btc and now have extra eur or w/e you'd declare it like any other revenue
mircea_popescu: (for purely accounting reasons, shares in btc, revenues in non-btc, makes a mess)
mircea_popescu: however, if that company isn't principally taking a btc revenue it makes little sense to list on mpex
mircea_popescu: gp5st i'm really not qualified to discuss that. us-based company should make its own determination.
mircea_popescu: "And saying that economics is the central component of western cultural identity and that indigenous people's downfall is because they simply implemented it the wrong way is beyond retarded."
mircea_popescu: if i ran an investment bank/hedge fund what i'd do is give all interns 1k btc, hire the top x ones by final btc
mircea_popescu: bitcoin is to finance what computer fly simulators are to pilots i'd say.
mircea_popescu: there is a lot to learn. as i was saying, bitcoin is a very cheap way to learn finance, comparatively. so, good for you.
mircea_popescu: gp5st anyway, a good idea is to read up on options in general, mpex is pretty much the same.
mircea_popescu: mpex options are american-style, so that option is there all through till expiration (unlike european style, where option only exists at expiration)
mircea_popescu: options convey the right but not the obligation to either buy (calls) or sell (puts) at the strike price
mircea_popescu: gp5st you're not a pain, kinda what this chan is for. do you know options in general ?
mircea_popescu: im not even sure what coinbase is, so i guesshey may have a point lol
mircea_popescu: starving "artists" + university "students" => socialist environment.
mircea_popescu: you can't tell me that something is a manifestation of capitalism when that something is traditionally blue
mircea_popescu: these days it's mostly a sad manifestation of american welfarism, but anyway.
mircea_popescu: just so there's 300mn people living in the us and 6,8 bn people NOT living in the us
mircea_popescu: there's 10 mn people living in new york and 290 mn people NOT living in new york.
mircea_popescu: there's a tiny fraction of the world called the united states, and a much larger, comparatively more important rest.
mircea_popescu: i guess that'd also depend on the contract they entered into with the vcs
mircea_popescu: thestringpuller in principle yes, but a lot depends on what contract can be agreed upon.
mircea_popescu: s.dice is satoshi dice. s.bvps is bitvps, rg's hosting company
mircea_popescu: gp5st s.mpoe is the conglomerate of mpoe (the options broker) and mpex (the stock exchange). the historical contract is found here :