6700+ entries in 0.127s
mjr_: this is a real pe deal
mjr_: so these june diff futures
mjr_: amazing that anyone manages to get coins with how much the companies have fucked up in managing expectations
mjr_: not voting with their feet yet
mjr_: though people still use them
mjr_: don't leave gox out
mjr_: so there is bound to be friction
mjr_: they obviously can't keep up with the demand
mjr_: didn't think it was from blockchain
mjr_: they had 600k seed round
mjr_: the company out of san fran?
mjr_: and in fact made about 300% this month, though i exercised early at 71
mjr_: Bugpowder: i typically do the same thing. at the money calls, hold till end of month...haven't had an option expire worthless yet
mjr_: Bugpowder: i should have been scooping up some calls during the lows
mjr_: but that is pure speculation on my part
mjr_: diff is i expect some good news
mjr_: i personally am expecting some news from sdice at some point in the next few months...they have been quiet for quite a while
mjr_: that make up 87% and he has said he doesn't have a majority i believe
mjr_: think its at least 2 others
mjr_: going on about 13% of the company defining its true value
mjr_: which is what smickles has been trying to tell you
mjr_: as evoorhees is the only manager
mjr_: or should we say privately held
mjr_: do they have to take the servers physically?
mjr_: this looks like a good bank
mjr_: either tiberiusiv selling a call or smickles selling a put...or some more complex combination
mjr_: it'd be easier and smarter to do options on the stock expiring two years out
mjr_: since we are talking about risks in investing in S.DICE
mjr_: anyway, without a more clear definition (stock trades below .00001 or something that is easily verifiable) it isn't a good bet
mjr_: the idea of web of trust systems is not unique to bitcoin, nor started by it
mjr_: its called the web of trust and its the closest thing to a credit rating system that exists
mjr_: then build up trust through transactions
mjr_: you'd need to get registered with gribble
mjr_: lol, is that the highest rating in all of otc?
mjr_: my point is...promise to pay is not the same as coins in the bank...no one would say that it is
mjr_: you don't know nanotube?
mjr_: no one in any financial market would make an anonymous non collateralized bet 2 years out on a nebulous outcome
mjr_: not questioning that
mjr_: which i would not estimate is worth nearly 100 btc
mjr_: you are not betting your bitcoins...you are betting your promise to pay bitcoins
mjr_: stupid offer really
mjr_: i'm very interested in what is going to happen with the credit markets in bitcoins economy
mjr_: same thing over and over
mjr_: i can't keep talking about this anymore
mjr_: notice how he no longer brings up bitinstant/sdice conspiracy
mjr_: evenso...there is no precedent for an offshore company doing business in another currency to be under the jurisdiction of an american justice system unless they hold and or convert from USD
mjr_: actually same exact standard that almost all btc gambling has been operating under
mjr_: sdice...no conversion, no responsibility
mjr_: point is, to really simplify...whoever converts bears resonsibility for tax and aml
mjr_: thought asicminer was on btctc.co or however its spelled and bitfunder
mjr_: thought they started on GLBSE
mjr_: did not realize that asic miner IPO'd recently
mjr_: but wait...assuming he is not in the US...you are saying the try to extradite?
mjr_: except in cases of mark to market which is usually due to margin requirements
mjr_: you only take a "loss" when you sell
mjr_: and the price rebounds
mjr_: yep, panic can do that...then stronger hands buy
mjr_: which is the only part of black friday that had any sting
mjr_: nor could they seize the btc
mjr_: that is the point...btc can't really be stopped from flowing to SDICE
mjr_: why do i keep getting sucked back in (FUD, obvious refutations, repeat)
mjr_: i won! first big win for bitcoin...oh no one wants the company?
mjr_: which is when BANKS couldn't transfer money to or from online gambling sights
mjr_: you referenced black friday
mjr_: "Well, if activity is unusual 10 times a day then something is wrong with your unusually-mometer" re: mt. gox's response to lag...
mjr_: ie. people who are payed to review stuff like what you spout
mjr_: he's also obtained legal advice in this matter
mjr_: and soon parts southern
mjr_: majority are learning finance for the first time
mjr_: that is the point...if you think most people, and obviously most people in this convo are excluded from this point, who trade sdice do any sort of fundamental analysis or even have traded stocks before...i'd say that is optimistic
mjr_: have you found a place that accepts btc for aluminium foil?
mjr_: who don't understand TVM
mjr_: that is obvious evidence of immature market participants
mjr_: look at its price over time
mjr_: big buys right after
mjr_: sell off BEFORE dividend
mjr_: sdice does the exact opposite
mjr_: before it is higher, pricing in immediate payoff
mjr_: after dividend, price is low
mjr_: ex dividend means i trade HIGHEST right before dividend