log☇︎
463400+ entries in 0.158s
mircea_popescu: .py 57.579 / 71.2018
mircea_popescu: from the page. search on it for O.BTCUSD.P100T
mircea_popescu: that guy made 57btc.
mircea_popescu: .py (0.12878070 - 0.0712017) * 1000
mircea_popescu: O.BTCUSD.P100T 0.12878070
mircea_popescu: mno
mircea_popescu: how much does P100T sell for now ?
mircea_popescu: Aug 19 14:11:12 <assbot> [MPEX] [O.BTCUSD.P100T] 1000 @ 0.07120175 = 71.2018 BTC [+]
mircea_popescu: lemme look in the logs
mircea_popescu: well point in case Doffx :
mircea_popescu: hehe well then k.
mircea_popescu: there's a forum link which goesthrough strategies, did i ever give you it ?
mircea_popescu: well it can be used that way.
mircea_popescu: BTC-Mining on the other hand, a C020T moves little in value over the same 11 - 15 price change.
mircea_popescu: Doffx that's the bot.
mircea_popescu: if price moves to say 15, the C110T is now worth 4/15 which is significant. it went up maybe 1000%
mircea_popescu: BTC-Mining say price is 10. a C110T is worth very little.
mircea_popescu: Doffx shoot
mircea_popescu: BTC-Mining well, the further in the money an option is the less selective it is. most gain is for close and out of money options.
mircea_popescu: there's no forced liquidations etc.
mircea_popescu: you can never lose more than what you paid tho, which is the great appeal of options.
mircea_popescu: well if it goes the right way you win, if it goes the wrong way you lose.
mircea_popescu: scroll down a little.
mircea_popescu: http://bitcoincharts.com/markets/currencies/ here
mircea_popescu: current price is published by bitcoincharts, as the 24 hour average
mircea_popescu: that make any sense ?
mircea_popescu: puts go the other way, strike - price / price.
mircea_popescu: and so on.
mircea_popescu: say price is 45. 45 - 5 / 45 = 0.8888
mircea_popescu: say price is 6. 6 - 5 / 6 = 0.16666
mircea_popescu: so if price is say 12. value is 12 - 5 / 12 = 0.58333 btc
mircea_popescu: at any point up until the 31st of august the value of this option is current btc price - 5 / current btc price.
mircea_popescu: so, you buy 1 O.BTCUSD.C050T.
mircea_popescu: ok, np.
mircea_popescu: N on 28th of september.
mircea_popescu: currently T expire on 31th of august
mircea_popescu: nono. all options expire on the last friday of their month
mircea_popescu: what do you mean at the 24 hour rate.
mircea_popescu: ok. then ?
mircea_popescu: doffx you mean the gpg part is the problem ?
mircea_popescu: i passed on that because btc had gone to 15, but if it stays at 7 im prolly going to do it.
mircea_popescu: actually the fee was scheduled to go to 50 btc once volume passes 50k
mircea_popescu: :D
mircea_popescu: it cant possibly not be worth it for you then
mircea_popescu: MadSweeney haha it's pretty cheap already neh ? :D
mircea_popescu: ehehe
mircea_popescu: which actually would be great for btc.
mircea_popescu: apparently, print campaign in euro magazines
mircea_popescu: you should see their prospectus. did you know they do 2/3 OF ALL BTC TRANSACTIONS ?
mircea_popescu: rg the thing is huge.
mircea_popescu: satoshidice is going up for ipo, you can put bids in. shares will go out starting on the 24th midnight gmt.
mircea_popescu: http://polimedia.us/bitcoin/mpex.php?mpsic=S.DICE
mircea_popescu: ok, i got the earth shattering announcement of the year i think.
mircea_popescu: lolz!
mircea_popescu: its how it goes.
mircea_popescu: lolz
mircea_popescu: cool!
mircea_popescu: does it work ?
mircea_popescu: kakobrekla i've tried it you know.
mircea_popescu: any ideea where the exact click has to go in the gui so that it doesn't do that, but instead makes a proper clearsigned document ?
mircea_popescu: but gpg dies saying that.
mircea_popescu: Detached signature.
mircea_popescu: currently i am getting something that LOOKS like the right thing
mircea_popescu: hope to avoid installing kdm ;/
mircea_popescu: ya well hum. im terying to help someone remotely and it's not looking to great
mircea_popescu: Gladamas hm ?
mircea_popescu: anyone know how you obtain the results of gpg --clearsign from kleopatra ?
mircea_popescu: interesting kakobrekla
mircea_popescu: sent where ?
mircea_popescu: etc.
mircea_popescu: mtgox had a hack. th went down
mircea_popescu: people don't leave much money to play with cause of perceived risk
mircea_popescu: they prolly exausted all that.
mircea_popescu: collapse hit friday evening lol
mircea_popescu: yeah the timing of it got many people into knots im sure.
mircea_popescu: it might be 1.x or 2.x
mircea_popescu: now that i remember.
mircea_popescu: anonimity ftw!
mircea_popescu: i don't keep track of ppl liek that :p
mircea_popescu: o you do ?
mircea_popescu: 1.20 even
mircea_popescu: that's like 1.25 a week
mircea_popescu: rdponticelli mpoe pays 5% a month.
mircea_popescu: actually it could go as low as cents i think.
mircea_popescu: maybe not.
mircea_popescu: expect a lot of scam assets to be propped up with a deluge of easy money.
mircea_popescu: the other 440 is play money
mircea_popescu: sells 1k btc for ~7k usd
mircea_popescu: puts it with pirate, makes 1440 btc
mircea_popescu: guy gets 1000 btc for i dunno, 5usd
mircea_popescu: peopel are slow to board.
mircea_popescu: but prolly principal goes back into bank./
mircea_popescu: with some of it, yea
mircea_popescu: ya they would.
mircea_popescu: rg roundtrip theory.
mircea_popescu: gabbynot btc does not care.
mircea_popescu: this may be quite correct really.
mircea_popescu: somebody was saying earlier, it's not pirate selling, its the people he repaid.
mircea_popescu: buy some more.
mircea_popescu: i wouldnt mind it being 2 again lol.