log☇︎
561500+ entries in 0.392s
fluffypony: cazalla: it's a little too sweet for my tastes, I'm a whisky and red wine man
mircea_popescu: it'll be a great world to live in, this.
fluffypony: it's because of the Gawgoxstamp
mircea_popescu: what's wrong with this one.
scoopbot: New post on Trilema by Mircea Popescu: http://trilema.com/2015/peterl-scoopbot/
Vexual: now theres a tld worth bidding on
BingoBoingo: Vexual: The proper file extension for that type is .twat
Vexual: put it in sluts.txt and do it later then
mircea_popescu: no later tell no nothing fucking bs.
BingoBoingo: Who knows? It's the way of two cans and string, one of which is missing
Vexual: im guessing that bitstamp hot wallet ain't small
Vexual: Hey.. What is this 2015 has started already? Feels like Monday
mircea_popescu: quite a step up from "doesn't understand how the world works"
mircea_popescu: lol now that china is looking poised to reconstruct the entire world around shanghai, the english agitprop is talking of putin pawning russian national interest to beijing.
scoopbot: New post on Trilema by Mircea Popescu: http://trilema.com/2015/introducing-the-trilema-jobs-board/
assbot: Multisignature Technology - YouTube ... ( http://bit.ly/14c9UF0 )
cazalla: https://www.youtube.com/watch?v=n0K2xW4O89U derp has moved on from blockchain technology, has a new one for 2015
assbot: Oil, Power and Psychopaths - The Automatic Earth ... ( http://bit.ly/14c7S7M )
ben_vulpes: http://www.theautomaticearth.com/oil-power-and-psychopaths/ and to all a good night!
ben_vulpes: what, you think this is the only channel in which i do biz?
ben_vulpes: watching the thing scroll by as my bouncer replays it makes things look longer than they are
mircea_popescu: ben_vulpes weren't you complaining bout the endless log an hour ago ?
ben_vulpes: where does extraordinary rendition happen these days?
thestringpuller: but what is the alternative? nanotube would have to trust someone else to maintain gateway into WoT?
Fun: as to reality if drunk person mistakes tree for say a monster he will hack it
mircea_popescu: <ben_vulpes> pretty impressed that single point of failure went this long without failing. << same here #2
mircea_popescu: <thestringpuller> This is personally the longest I've ever seen gribble AWOL. < same here.
danielpbarron: kakobrekla> any bitcoin poker site already struggles for existence or is half dead or completely dead << because they don't use the WoT
Fun: decimation: nor do I however in light of recent geo political events it seems neat thing to do
ben_vulpes: <mircea_popescu> [] i like people who pretend their convenient misunderstanding is more powerful than reality. << an amusing thing to cross at this moment
Fun: decimation: so yes about forex dont u think those options are kinda cheap
ben_vulpes: Fun: try again, that kind of statement doesn't hold any water with me.
ben_vulpes: thestringpuller: and how would you know if the db'd changed?
thestringpuller: ben_vulpes: the back up is on OTC website
decimation: it's odd that gribble died the same time that bitstamp was hacked
ben_vulpes: i hope everyone's been taking backups of the db.
ben_vulpes: pretty impressed that single point of failure went this long without failing.
thestringpuller: This is personally the longest I've ever seen gribble AWOL.
thestringpuller: Apocalyptic: you think gribble won't be back for a few days? Weeks?
ben_vulpes: man how long can we keep this juggling act up?
decimation: they are known for their platform
Fun: strange they dont offer whole range to you
Fun: so how do people register to talk here? ":
thestringpuller: wow there isn't even a google cache
ben_vulpes: wah jesus that's a scrollback
thestringpuller: more precisely "When you do things right, people won't be sure you've done anything at all."
mircea_popescu: ;;seen khers oh what's the use
thestringpuller: "You know you've done things right when people don't think you've done anything at all"
Fun: ok u think price wont change that much?
Fun: mircea_popescu: what do u mean? feel free to correct calculations
decimation: the bid/ask spread on that mar 15 call runs about ~0.007
mircea_popescu: i like people who pretend their convenient misunderstanding is more powerful than reality.
Fun: so say 0.10 gain minus 0.0281 thats 0.7 approx * 125.000 right?
mircea_popescu: if it goes to 1.2121 you break even
Fun: more of b they hope gov will tell some bank to bail them out
mircea_popescu: Fun because a) it costs money and b) they don't care, because it's not really their problem.
Fun: I was watching RBK today, chairmain of Russian Commerce Chamber was going on that some russian companies need to refinance tons of mid term debt soon in what I presume usd :) I was thinking here that sounds fishy how come they havent hedged FX risk from the start
mircea_popescu: Fun noobs have a reputation of wishing to get involved in the most complex end of any matter first thing. ☟︎
Fun: derivative on top of derivative
mircea_popescu: rather than a jan option on the mar future.
Fun: they package stuff to confuse people imo
mircea_popescu: yes but use an option for mar on the mar future.
decimation: it does appear that forex is a very specialized thing that varies widely with brokerage
decimation: so weirdly my brokerage doesn't appear to have spot (freestyle?) forex options, only options on futures
mircea_popescu: but an option to deliver tomorrow an euro deliverable next week is a whole other layer of nutso.
thestringpuller: Bitcoin has died 23 times
mircea_popescu: this is true
BingoBoingo kind of really wants kakobrekla to write an "I told you so" piece on Bitstamp
decimation: I guess my point is that a promise to deliver a euro tomorrow isn't a spot price
decimation: like, why would you pay to deliever something that's only valued today?
mircea_popescu: look at the math involved sometime in an idle hour, but from a fundamental perspective, none of that "this is hw it's done because it's how it's done" circularity.
decimation: actually options on spot probably don't exist, come to think on it
mircea_popescu: in the sense that one can hang himself from it.
decimation: are you implying that markov chains are doing what they do?
mircea_popescu: irrespective of widespread belief to the contrary, im pretty sure no entity currently can value options on forex futures
decimation: yeah I'm trying to find the options on spot (seems it would be easier) but I am having trouble
mircea_popescu: what's the difference between apple pie and pineapple pie ?
mircea_popescu: that one is an option on the future and the other on the spot o.O
Fun: mircea_popescu: whats the difference?
decimation: to buy a call that expires 15 jan on the mar 2015 future, for a strike price of 1.19 costs $0.0096
decimation: the bid/ask spread on eur/usd spot runs about 3 to 4 mili-cents (w/comission)
cazalla: well, the wallet that was last audited has been empty since early dec
mircea_popescu: curious if this ends up going the way of btcxchange
mircea_popescu: seems to me like someone likely ran off with a wallet.
cazalla: http://i.imgur.com/EEhfYnV.png i took that ss fwiw
BingoBoingo: Well did BitStamp lose a can or the string?
cazalla: well, bitstamp confirmed unless site has been hacked too
decimation: Fun: are you asking what the bid/ask spread is on the spot? or do you want an option with a ex date and strike price?
Fun: decimation: so how much 1 euro fx lot cost ? option to buy or sell it at agreed price
thestringpuller: dilbert is kinda funny tho...
Apocalyptic: I can see that
mircea_popescu: except the other side.
ascii_modem: fellas, all these headaches - ircd/fleanode, notarybot, etc. - one pill. why not one of you carry out my erasurecode-router scheme.
mircea_popescu: about as pleasant a thing as fifty years worth of dilbert rolled up in one fat joint.
mircea_popescu: Apocalyptic i dunno wtf he's doing, im sitting here debugging a lengthy string of nonsense resulted from engineer deciding arbitrarily to selfmanage mid process.
mircea_popescu: for one thing, ddos'd/hacked is an unlikely combo. which was it ?
Apocalyptic: why rewrite from python to PHP ? seems like a poor downgrade in everything
mircea_popescu: punkman this really has been very poorly communicated. ☟︎
decimation: yeah my brokerage allows direct trading of futures if you have 'approval' and a non-trival account value
punkman: mircea_popescu: it was DDoS'd/hacked, I got some PHP hosting as solution for DDoS. Existing version can be backup withing 24 hours if someone wants to administer it/protect from ddos/etc. Nobody wants to do that, so I haz to write PHP.