563700+ entries in 0.336s
decimation: If
there anything immoral happening w.r.t. money, it's
the free printing of it
to benefit
the few
decimation: eh, I'm not sure I buy
the moral implications of
trade
thing
adlai: the relevant parts are II-IV, maybe V and VI
too;
tl;dr: market making is
time-shifted arbitrage & money is fungible gratitude
adlai: this article is more
thought-provoking
than most drugs out
there
decimation: I suppose it all boils down
to arbitrage, either in
time or space
adlai: not
that i'm aware of; although people have been running
trading algorithms in
their head for hundreds of years, so really any
text on
trading is a
text on
trading algorithms.
decimation: adlai: are
there any introductory
texts for creating
trading algorithms?
decimation: surely one can connect
to
the order book api and determine
the number of bids/asks
adlai: that way when a non-terrorist comes along,
they can use
terrorist-provided software, and all will be right in
the jungle
decimation: but I
think goldmoney shut down
their 'user-to-user' gold exchange
decimation: a year ago
they advertise direct exchange
to gold
decimation: ah
they now offer bitcoin/eur bitcoin/usd books
adlai: it's also worryingly difficult
to find daily/monthly volume... shouldn't
this number be prominently displayed on any exchange's landing page?
thestringpuller: adlai: finally, an exchange
that likes liquidity! << yet
they don't post volume?
decimation: no idea. it would be amusing if
they did
adlai: wtf. are
they lurking here? all I did was register an account, and I already get flagged as a "Potentially Dangerous Request"
decimation: take
the king's shekels/take
the king's shackles
decimation: the way I see it, it's going
to be pretty hard
to avoid kyc/aml if you want
to deal in fiat
adlai: "The more information you give us about yourself,
the more you will be able
to do, and
the more you verify yourself with us,
the lower your
transaction limits will be." I'm liking it a little less now.
decimation: so one would have
to do another
transaction if one's fiat is USD
decimation: yeah I
thought you might find
that interesting
adlai: no assbot,
that
tag is
titled "What is a maker-taker model?"
decimation: I've mentioned it a couple of
times here. I'm interested because it's somehow owned/related
to
the goldmoney guy
decimation: adlai: have you used
the 'netagio' exchange?
decimation: if you are in
the us, don't you owe ordinary income
tax on every gain you make?
decimation: I guess you don't need
to 'physically' settle a
transaction
to close your position
decimation: adlai: how does one arbitrage between exchanges when it
takes days
to settle between
them?
adlai discussed
this paper with
the dad over
the dinner.
the dad suggested
that demand could increase independently of increases in
the userbase, which is correct. clever dad!
adlai: however - i'd argue
that
there's plenty room for more "smart" money
to enter
this business of bitcoin-stabilization, assuming
that
there's plenty more latent demand, just beginning
to wake up
adlai: ie,
they're onto me!
adlai: ie,
there's not just a growth in userbase/demand,
there's also a growth in financial actors profiting from arbitrage, market making, etc
adlai: calculations account for
the changing exchange rate level.
this observation merits further analysis. For example, such stable exchange rate variance could in principle be
the result of activities by parties interested in
the stability and
trustworthiness of
the system"
adlai: ben_vulpes: "We argue
that
the vigorous growth in bitcoin value in
the past 18–24 months has been accompanied by almost unchanged daily variance of
the exchange rate once
the variance
ben_vulpes: baby doll: "well you see you can call your cc provider up and
they'll reverse
the
transaction for you!"
ben_vulpes: mom-in-law
totally gets it "how does it make any sense
to give
the magic numbers
that grant access
to my money
to other people?"
ben_vulpes: i'm listening
to lady v
talk her mother into buying
things with a credit card online.
[]bot: Bet placed: 1 BTC for No on "Gold
to drop under $1000 before Feb 2015"
http://bitbet.us/bet/1080/ Odds: 17(Y):83(N) by coin, 18(Y):82(N) by weight.
Total bet: 11.83238982 BTC. Current weight: 49,952.
HeySteve: great, once I wrap up some projects I'd like
to get into covering Bitcoin news again
HeySteve: cool. was
thinking of contributing when I get some more
time
HeySteve: Qntra seems
to be
taking off nicely
cazalla: much like i need
to go zzz now, polished off a bottle of sambuca again
Vexual: my gracious host seemingly ran out of booze and patience around
the same
time
Vexual: I accidentally encountered
the cunts whilst blazingly drunk over xmas
Vexual: Makes me wonder if
there was anything worth reading un
the
times of cypress when neo ran
their ads
cazalla: the fuck do i know, had another bottle of sambuca
this arvo
cazalla: anyway, missus will learn soon enough
that
the opportunity
to go america, live
the quiet life is long gone
cazalla: nah, sounds a bit gay
to ask another man about his proclivities
ben_vulpes: i'm sure
there are serious beatings and playful beatings
cazalla: not really a beating
then eh
ben_vulpes: a raised eyebrow should be enough for
that disneyland nonsense
cazalla: that shit gets you arrested and your mug shot in
the media here, parade around as hitler himself, god forbid you beat your wife
cazalla: stop urging me
to beat her ben_vulpes
ben_vulpes: if you don't say anything now she's going
to
take it as
tacit agreement.
cazalla: all
this drama is on account of one of her friends currently en route
to ussa and her crying
that she has a kid, can't do shit atm
cazalla: surely bitcoin is more established by
then
that i don't have
to backhand her on
the idea
cazalla: bah, it was her friend's idea and for 2018-2019 once
they are older
ben_vulpes: "and just look at gaston! you know
the guy's a date rapist."
ben_vulpes: "but
they set such bad role models for young girls!"
ben_vulpes: you're just letting her carry on with
the disney fandom?
cazalla: all
this in
the name of disney 'everything is made in china' world
cazalla: well 1)
they wouldn't let me in anyway, persona no grata 2) fucked if i would let her
take my son into
that viper pit without me
cazalla: missus is already
trying
to organise some disney land belly of beast bullshit a few years
time
to go
to america, fuck
thaaat
cazalla: not
too fussed on flying myself, last
time coming in
to sydney from perth, was in for some chop, 5 by 5
cazalla: fuck
that, rather
take a boat
cazalla: nuva plane going missing, air asia
this
time, fkn putin wtf bro
BingoBoingo: In
the event I father children
that I stay around
to raise, "Red Sleigh Down" is going
to be
the official Jesus/Santa story relayed
to
them.
joecool: learned about zwarte piet from
the -otc channel
the other day
BingoBoingo: I
thought in
the Southern Hemisphere
they just got all Krampus and no Santa
mircea_popescu: oh.
they were preparing
the weirdest nativity scenes earlier, with like palsm and camels and shit.
b00lcrap: in
the southern hemisphere where its summer ( mostly )
b00lcrap: hey mircea_popescu i was curious about something, does santa still ride a sliegh down
there ?
BingoBoingo: cazalla: Not
the readers, just certain sorts of commenters.
decimation: the 'long march
through
the institutions' - ever hierarchy was ripped down and replaced with a communist bureaucracy
b00lcrap: hold on your words are
too big let me google
that before i respond
decimation: b00lcrap: black people didn't destroy america,
the cultural marxists who infantilized blacks and waged war on regular working people did
b00lcrap: well i guess i kind of did just say
they destroyed america.
cazalla: i
think i'll
take my own privilege down
the bottlo and get another bottle of sambuca seeing all is quiet on
the news front and BingoBoingo has
taken
to
trolling
the readers
b00lcrap: im not saying all black people are like
that ofc not
cazalla: you need
to check
that white privilege b00lcrap
b00lcrap: then i realized, it was
the integration
that happened in
the 60s
b00lcrap: you know i was watching
the notebook last night and i
thought wow, people were so civilized in
the 50's.
then i
thought what culture changing event could have possibly happened
to cause all of
this fuckedupness.