log☇︎
464100+ entries in 0.171s
mircea_popescu: ;;ticker
mircea_popescu: because moneyisdaith
mircea_popescu: lol
mircea_popescu: under 10 ?
mircea_popescu: o wow
mircea_popescu: yeah that's dropping fast.
mircea_popescu: it spun me around, i was -3k on puts now i think im more like +3k
mircea_popescu: lol srsly.
mircea_popescu: well... some people for sure do.
mircea_popescu: 130k, what's that.
mircea_popescu: and volume isn't that great i'd say.
mircea_popescu: under 12.5
mircea_popescu: ;;ticker
mircea_popescu: that's not so much... you mean daily vol ?
mircea_popescu: haha yeah
mircea_popescu: sux.
mircea_popescu: and i was getting all geared up to add strikes 20-30
mircea_popescu: crazy.
mircea_popescu: mmm i think that's over 5k btc worth of puts for the day.
mircea_popescu: what a day.
mircea_popescu: under 13.
mircea_popescu: o wow.
mircea_popescu: ;;ticker
mircea_popescu: ok, this is a clearly massive selloff.
mircea_popescu: 1*
mircea_popescu: wowza giga under 12
mircea_popescu: ok, i am guessing the bubble is popping huh
mircea_popescu: jeez.
mircea_popescu: conspiracy!
mircea_popescu: ;;ticker
mircea_popescu: whoa look at that!
mircea_popescu: usagi those exist ?
mircea_popescu: well of course i left things out, i was being mean.
mircea_popescu: smickles did i leave something out ?
mircea_popescu: seems very investor-y.
mircea_popescu: and pirate bonds, where you make more each month and lose most of your capital in three month intervals
mircea_popescu: miner bonds, where you make a little each month and lose 2x from your capital same month
mircea_popescu: so in the end glbse investments are of two kinds :
mircea_popescu: yeah
mircea_popescu: the puts ?
mircea_popescu: usagi got really excited earlier :D
mircea_popescu: lol
mircea_popescu: smickles haha do you daytrade on mpex ?
mircea_popescu: ya but people haven't realised it yet.
mircea_popescu: i wonder what the fallout scenarios are if pirate is never heardfrom again.
mircea_popescu: i think people are getting real antsy about btc/usd atm
mircea_popescu: hehe
mircea_popescu: what ?
mircea_popescu: these were short i think.
mircea_popescu: puts unwinding.
mircea_popescu: o wow.
mircea_popescu: so it seems ALL gets sold off lol.
mircea_popescu: back to 14.5
mircea_popescu: you'd expect people to divest pirate stuff move into nonpirate stuff
mircea_popescu: odd huh ?!
mircea_popescu: and if pirate returns nothing ?
mircea_popescu: smickles that might work. tho i'd make it 3 or 6 months. time compression online.
mircea_popescu: As it turns out, the market severely overvalued the premium on pirate insurance. < ?!
mircea_popescu: say wut ?!
mircea_popescu: NYAN.C and YARR should get 1 bitcoin back from our pirate investments <> Both of them have nothing to do with pirate
mircea_popescu: usagi : there's the school of thought that nobody hears from pirate again.
mircea_popescu: i love them too. nothing wrong with that.
mircea_popescu: i think copumpkin had it : all coins lost.
mircea_popescu: this on the 13th
mircea_popescu: Starting today, I've lifted the referral only requirement to open a Savings account.
mircea_popescu: Update
mircea_popescu: as if at that age there's other places and other girls.
mircea_popescu: this reminds me of the virgin kids in highschool. they had sex "elsewhere".
mircea_popescu: "elsewhere". right.
mircea_popescu: prepare for $20
mircea_popescu: he will have to buy 100k btc on the open market ?
mircea_popescu: this does not seem all that orderly.
mircea_popescu: I’ve spoken with my clients over the last week and come to an agreement that would allow me to close down my operation within a week. Currently my reserve (operating wallets) are drained from fulfilling the withdraw spree that happened after the rate drop announcement. All withdraws at this point will be delayed until Monday when the shutdown process begins..
mircea_popescu: So now what?
mircea_popescu: how ?!
mircea_popescu: ...
mircea_popescu: smickles someone bought them out and i think is trying to get people to buy in quickly and not read the contract.
mircea_popescu: smickles i think that musta been a self trade.
mircea_popescu: lmao
mircea_popescu: that;s what i'm saying.
mircea_popescu: nanotube i know.
mircea_popescu: now that he's out of the picture things might come back to some semblance of sanity.
mircea_popescu: because pirate fucked things up
mircea_popescu: where's bitcoin kruger to explain that the btc economy needs negative interest bonds
mircea_popescu: EskimoBob hm ?
mircea_popescu: .py 1.05 ** 12
mircea_popescu: 5% per month is not 52% apr
mircea_popescu: or 1% ish a week if you do weeks.
mircea_popescu: well, mpbor was ~5% on the last month, so i'd guess something like that.
mircea_popescu: aha
mircea_popescu: or just go for a normal honest to god bond like in sanityland ?
mircea_popescu: smickles how do you convert your income to fixed return ?
mircea_popescu: JWU42 : B.MPCD.A actually paus 2% and it's senior.
mircea_popescu: or what else do you do ?
mircea_popescu: smickles well, i was gonna say yest, are you tranching it ?
mircea_popescu: i'll have a whole lot of respect for him. its earned.
mircea_popescu: dude i tell you, if that guy ran a ponzi for ~1 year and manages to soft land it
mircea_popescu: lol
mircea_popescu: nanotube he did it for the 5k!
mircea_popescu: which is why.