786000+ entries in 0.469s
Vexual: im gonna give you a fast
track
track on your
track
to enlightnement sans illegal drugs beacause you're so cool
Vexual: dont
tell me about aussie gold unless its proper
true
herbijudlestoids: i was
thinking it would be interesting
to
throw small increments of gold up as offers and see if any
takers
Vexual: i was
trying
to explain a spoonfull of cement
to
the people in
the australian context
Vexual: i dont leave
the house, ive gt more social phobias
than duffer and
that other cunt put
together
Vexual: yeah i discovered your problem when i was wathxcing
the last season of rake, my fave barrister
herbijudlestoids: i
think because
the difficulty only updates on each new block, so
there is flat parts in
the
timeseries
herbijudlestoids: punkman1: where
the rate of change does not change for several datapoints (days)
herbijudlestoids: i.e. over any given 30 day window, 20% was
the lowest amount difficulty grew and 100% was
the largest amount
ozbot: imgur:
the simple image sharer
herbijudlestoids: so, i just calculated
the 30 day ROC for bitcoin difficulty since
the start of 2013
ozbot: PXE presents A placa de Ipanema feat.
The Herd - YouTube
Vexual: im hoping some will expatriate
to australia
Vexual: twelfteen balkans listening
to
this conversation
Vexual: im all about
the quality management and a chalenge
ozbot: Milow - Little in
the Middle (Official Unplugged) - YouTube
Vexual: except you need
to be productive here,
there
they just are
Vexual: buy some farms and shit, oz aint
too different
to holland
Vexual: yeah 10-100k on
trading needs a dude
Vexual: who does your
tax re forex shit?
Vexual: nooones gonna
tell you yu cant
trade, beut when its aussie dollars, you pay
tax, simple
herbijudlestoids: i dont plan on buying BTC until
the volatility dies off,
thought it might be doing so but
the last week of action has proved me wrong
herbijudlestoids: benkay:
the way i figure is iv already missed
the initial wealth
transfer...so why bother? if BTC
takes over, i will be able
to sell my human capital in BTC just as i now sell it in AUD
herbijudlestoids: the only profitable strategy i could
think of is
that i know
the ATO has good
treatment for options if
theyre hedges
to delta <0.3
benkay: enjoy your lifetime of servitude
to
the state
herbijudlestoids: the only way i could reduce
the cost base is by avoiding
the
tax
herbijudlestoids: exactly, if its
treated like any other asset class
then ceteris paribus
trading in BTC has a higher cost base
to me
Vexual: and
tricks id poor grammar
Vexual: im not anything, ive got
tricks, but my lawyers dont play anymore
benkay: that storing it in physical gold is preferrable
to storing it in bitcoin.
herbijudlestoids: Vexual: how are you doing
that stuff without
the ATO up your arse? or are you compliant?
herbijudlestoids: benkay:
think like what?
that i can store surplus productivity in physical gold?
Vexual: i
think herbi might
teach you a few
tricks
too benkay
benkay: if you
think like
that you have much learning
to do.
benkay: you cannot have your cake and eat it
too.
benkay: they are antithetical
to one another.
benkay: you straddle
two worlds.
Vexual: i can get you btc agro forestry and all
the shit
benkay: maintain your fiat investments
the way you normally od
Vexual: or buy a vex
trust but its byolawyer now
benkay: chetty: refusing
to embrace
the future will be
the death of many
things. apple is on
that list.
herbijudlestoids: and
the
tax office is suddenly asking where
the discrepancy is from
herbijudlestoids: benkay: how is it realistic? lets say i want
to split
that 10k across my other investments, its immediately back in
the financial system
ozbot: Bitcoin vs. Apple: Videos of Users Destroying
Their iPhones Proliferate on YouTube | A Lightning War
benkay: do you not have
the resources
to pull it off?
benkay: well yes, one must always sacrifice convenience on
the altar of security. be it security from rogue computers or security from rogue regimes...
herbijudlestoids: lets say i invest $100,000 into
trading BTC assets like MPOE, and i make 10% in a year, am i supposed do $10k cash in hand?
Vexual: im your
tax man for bc herbi
benkay: and you *can* sell
those btc for cash in hand, right?
herbijudlestoids: if i
take sell BTC
to buy AUD i need
to explain
that
to
the
tax office
benkay: this will impact some
trading strategies for sure.
benkay: well
trade btc assets!
tax free for 2003!
benkay: ha 0.00062792 would be where i caught
that knife
herbijudlestoids: im very rarely a daytrader. i
trade almost entirely EOD and dont like
to keep
turnover as low as possible for
tax considerations
benkay: 0.00063 according
to my books
herbijudlestoids: benkay: almost,
the spike at 400 is a crazy swing in price at
the 400th
tick in
the
timeseries
herbijudlestoids: benkay: basically betting against whatever just happened is usually profitably when volatility is high and declining...if its low and increasing youre likely in
trouble
benkay: so
the spike at 400 is a crazy swing in price 400
ticks ago?
ozbot: Calvin Harris - Acceptable in
the 80's (With Lyrics) - YouTube
Vexual: yeah im where daytraders make
their money
herbijudlestoids: Vexual: what of it? New York close/New Zealand open is
the 24h close
herbijudlestoids: like
the charts you can see on mpex.co already, i just dont
think
theyre portraying useful info
Vexual: what of 24 hour
trading genius?
herbijudlestoids: benkay: intraday mean reversion is basically betting against whatever just happened. if
the price went down, you bet its about
to go up.
herbijudlestoids: "why not
time normalised" because MPEX doesn't really seem
to operate like a regular exchange in
terms of
time and also
there is not really enough
trades happening in any given hour/4h/day block
to make a realistic OHLC bargraph
benkay: okay, so how do we get from
that graph
to "that vol spike would be very hard
to handle as a
trade"?
herbijudlestoids: and
then i
take
the rolling standard deviation of
that value over
the last 20
ticks
benkay: why not
time-normalize?
herbijudlestoids: benkay: so
the 20
tick log normal return is ln(CurrentTickPrice/TwentyTicksAgoPrice)
Vexual: yeah dumb it down for me
too
benkay: would you be so kind as
to explain a little?
benkay: i have no idea what
twenty-tick standard deviation of
twenty
tick log normal returns means
herbijudlestoids: its
the 20
tick standard deviation of 20
tick log normal returns
benkay: need more context. what is
the index axis?
herbijudlestoids: benkay:
that vol spike would be very hard
to handle as a
trade