log☇︎
78700+ entries in 1.201s
knotwork: JWU42 daytrader as in hoping it will dip sometime so you can buy back in cheaper
knotwork: as you could end up trapped owing something that you cannot get hold of or not at decent price
knotwork: shorting something else to buy bitcoins might be best maybe, such as borrow some other type of coin using bitcoins as colalteral, and sell what you borrow to buy more bitcoins to use as more collateral etc
mjr_: yeah, well, i mostly use the strategies i've said to try to get as long as possible, for as little money as possible
mircea_popescu: i think book is deceptive, as btc ppl are very impatient.
mircea_popescu: still some decoupling, but as btc mkt cap increases there will be less and less.
mjr_: you can describe my positoin as bearish us dollar, or bullish bitcoin
knotwork: by selling the right kind(s) of options can you ensure you never actually lose what you had, worst loss you could have is just not making as much as you might have if if you hadnt sold those options?
mircea_popescu: so in this sense it can work as leverage, even as high as 10`000%
mjr_: you can even do it as a constantly changing variable
knotwork: and you pay 25.30 minus 17 as fee?
knotwork: thats insane. Royal gave me a free debit caard that masquerades on the net as a credit card
Bowjob: actually we started as basement dwellers.. until we switched to a house
mircea_popescu: “After subtracting the old rate from the new rate, the spreadsheet divided by their sum instead of their average, as the modeler had intended. This error likely had the effect of muting volatility by a factor of two and of lowering the VaR . . .”
jurov: lol http://thenextweb.com/insider/2013/02/11/elon-musk-calls-nytimes-review-of-the-tesla-model-s-fake-citing-vehicle-log-data-as-proof/
mircea_popescu: Lyspooner way. look here : http://trilema.com/2013/how-to-hedge-as-a-miner/
mircea_popescu: not as sad as it makes me.
mircea_popescu: Lyspooner there's zero uptake of the march ones as it is
markedathome: saw that, but I didn't think that anything was happening from glasswalker's side until tomorrow/wednesday as he was 'away on personal business/attending a wedding' according to last email
pigeons: much smaller companies than that make datacenters, just as nice or nicer than the big ones, but less capacity
ThickAsThieves: also, as far as buying the BFLs I did, like I said, I just wanna own a couple miners, I have a lot of "gizmos"
mircea_popescu: as the things were supposed to come out in november last or something like that.
ThickAsThieves: Devices must be in scope of +-10% of advertised performance in order to be accepted as valid.
mircea_popescu: jcpham as long as its not an ass
mircea_popescu: this entire "sr drives bitcoin" is about as stupid as people thinking cowboy movies drove the us west.
DeadWeasel: i think that's as good as it gets. If porn can create the internet then addicts can create a new currencyu.
DeadWeasel: I'm just teaching myself to program now. It's slow as I have a full time job.
Diablo-D3: might as well start bidding on those asicminer shares then
mjr__: good online wallet, bad exchange so far as i can see
jurov: i'm rather on lookout for people who can get things done and can develop/manage non-core areas such as charts
mircea_popescu: if indeed their own system is ever deployed, and if indeed it actually works as expected, you probably have something
Bowjob: no business plans provided. it's the same dude who asked for 1200 BTC loan, then 350-400 BTC, then 1000 BTC.. oh and it's the same guy who called in 23.99 as the top for 2013
Namworld: and people would have categories such as NFL, NHL, etc
ThickAsThieves: so much as chime in on one
Namworld: nope... people were exiting as low as 30000 not long ago
mircea_popescu: as soon as someone thinks the data is actually valuable, the service will exist
mircea_popescu: ok so, the person doing farsi mpex faq wrote to express their concerns about use of terms such as "idiot".
mircea_popescu: as opposed to if he simply stuck to whatever he's doing, i don't recall.
mircea_popescu: anyway, i knew from the get-go that as long as the girl continues to push the wot there's sooner or later going to be some smartassery. so, whatev.
mircea_popescu: Namworld ill tell you it's suspicious as all hell, account active feb-june 2011 suddenly pops up to neg me ?
Bowjob: Borat as owner of MPEX
jurov: i once wanted to oust mp as sacha baron cohen.. still think that would be much better plan than some random forum dude
Bowjob: oh, ive had one of those turtles as well'
Bowjob: theres this dude who called in 23.20 as the high of 2013
Schadenfreude: Well, obviously I was more worried as shareholder - no dividends, price tanking etc.
mircea_popescu: it got to ipo on mpex cause it's about as strong as mpex after all.
Ukto: as for the plans on that
mircea_popescu: maximian it's not nearly as secure fwiw.
maximian: So is the consensus method proven to be equally secure as proof-of-work, or does it not have to be?
mircea_popescu: To store a large directory of indexes, the entries are divided into nodes of a manageable size. Each node knows the relative offset of the previous and next nodes. Empty nodes can be deleted. However, the first node can not be deleted unless there are no other nodes as we use the first node to efficiently find other nodes.
coingenuity: not an ugly girl, as well
mircea_popescu: might as well get the bn
Ukto: is that you pick your gateways as issuers
mircea_popescu: as far as i can tell, it's all some dorks who wanna be developers cause they figure its cool.
ThickAsThieves: just claim them as anonymous donations
BitHub: in any business mircea when you have a new product or something you hire a sales team or marketing team that goes out as pimps out whatever you want
BitHub: mircea i try and help out in the community and answer as many questions as i can, i give away alot of btc donations n stuff just for fun
mircea_popescu: same thing goes for about everyone. just make more services, as if that's where it's at.
BitHub: i may offer a bet on the australian election tho as our first test
benkay: but i r idiots as my parents say regularly :(
Bugpowdr: Namworld: yes the options value is calculated both at mid market and as exercise in two separate columns
Namworld: 0.00002 I think, or near that. Almost as much as SDICE
mircea_popescu: which may have all sorts of impredictable results, such as louisiana being returned to the french
Diablo-D3: seeing as my copyright is buried somewhere in cgminer
maximian: as they say, "trolling is a art"
Bowjob: mp, same offer as MPOE-PR? :3
DeadWeasel: The word tranche is French for slice, section, series, or portion, and is cognate to English trench ('ditch'). In the financial sense of the word, each bond is a different slice of the deal's risk. Transaction documentation (see indenture) usually defines the tranches as different "classes" of notes, each identified by letter (e.g. the Class A, Class B, Class C securities) with different bond credit ratings (ratings).
DeadWeasel: In structured finance, a tranche (often misspelled as traunch or traunche) is one of a number of related securities offered as part of the same transaction.
Diablo-D3: look at Namworld's thread as a template
Namworld: Ah, same as when I spend a BTC or two on SealsWithClubs
Diablo-D3: Namworld: I was hoping to get outbid completely so I could drive the price up on the others as well
truffles: i guess if the difficulty increases could be good investment to get as much early as possible even if the new releases are faster
mircea_popescu: what's wrong with just as things are ?
ThickAsThieves: i dont know if the low price was the problem, so much as announcing the next tranches would be higher
mircea_popescu: don't they realise that by now it's so typical they might as well declare themselves scammers ?
mircea_popescu: there were blocks as large as i think 2-3 mn going at once
ThickAsThieves: you know what would be nice, if someone hosted the report that Dooglus makes every day as an on-the-fly web page taht can be refreshed
Bugpowder: as far as I can tell, this address is doing most of that betting and is not related to the eight known addresses used by the big whale.
topace: i built one of those out of lego, back in the day... there was ad companies that you installed the ads on your homepage, and as long as you were using the computer you got paid
pigeons: its a public ledger, they can manage taxes etc as you say
Chaang-Noi: i would have said they could not do much about gambling in other countires as well but....
gigavps: as you can see from that article, you don't even need to be the one who uses the software for gambling!
Chaang-Noi: also look forward to the link :/ it is sad really, what if the govt goes this hard core aginst btc as it does gambling in other countires...
ThickAsThieves: that works on the premise that bitcoin is first classified as illegal
Chaang-Noi: yeah, but i dont really count 2 60 ghs asics as much of anything, it wont make a dent in profitability
Chaang-Noi: as long as they are more or less first it does not really matter
jurov: MP gonna close mpex and point to that thread as culprit
jurov: lol libertards dreaming of stealing mpex hotwallet: http://www.reddit.com/r/Libertarian/comments/182v6v/as_international_currency_war_brews_bitcoin_may/c8b833u
Namworld: and now it's climbing up just as fast
Bugpowder: but it might have come back as a split
Diablo-D3: dub: I like to think of them as ghetto bladeboxes
midnightmagic: Bugpowder: From a purely economic sense. *Some* people just want to participate more as a miner, and get pristine coins.
Diablo-D3: midnightmagic: as a programmer, Ive basically rejected threading altogether
Diablo-D3: and due to how its constructed, yes, using it as numa is a better use of it's resources
midnightmagic: Taken as a unified whole, any processor "accessing" other memory, regardless of whether the system has to *push* memory out to a GPU and act as an interloper, means it is non-uniform memory access.
Diablo-D3: same reason I said some older 8 socket boards might appear as numa
truffles: doesnt have to be as good as that
topace: ^ that was our thought process as we developed havelock
ThickAsThieves: and make the sheet available as link on that page
awkorama_: is your project public? as in public in #bitcoin-assets ?