789900+ entries in 0.554s
herbijudlestoids: you cant really be a specialist without having a seat or working for a bank/insto
that does
Vexual: im in a loop
thinking of numbers i don't understand, but
there are external govt regulators vitoing bullshit on wall street no?
herbijudlestoids: the price is only
there as a barrier
to entry, not as a meaningful representation of how much it costs
to maintain
the seat
mircea_popescu: "what do you mean it's 5mn and a bunch of crap and al lyou get for it is
the opportunity
to eat
the crap ?!?!!"
mircea_popescu: come
to
think of it, if
the average person knew a whole lot of how
the real world functions
they'd be pretty scandalised.
dudesir: So does being a member enable you
to vote on what stocks get allowed? I
think I have much research
to do on how
the NYSE operates...
mircea_popescu: it's a self-performing operation. one of
these days ima wake up
to a report of "and
then X
tried
to break Y" and just go "so revoke X"
herbijudlestoids: mircea_popescu: do u need someone ethical like me
to do due diligence on all your members? :P
mircea_popescu: well mpex users are also required
to maintain high levels of compliance and ethics.
herbijudlestoids: "However,
to own a seat, a
trader or broker must meet more criteria
than simply being able
to afford it. Prospective owners of
the seats must go
through a stringent review process and, once accepted,
they are required
to maintain high levels of compliance and ethics as
the NYSE and governmental regulators constantly review members. "
Namworld: I found
this, looks like about 4 million in 2005
herbijudlestoids: and not just
that but its not like you can just buy a seat at
the NYSE, someone has
to die or want
to sell
their seat
dudesir: Ok, I
think I understand, NYSE is like an underlying exchange and brokers are on
top of it?
chipug: i could live off
that for life!
dudesir: Does it cost 30000$
to get an acct at nyse?
Namworld: People with lower investments can use a broker like CoinBR
to
trade MPEx
Namworld: Not for everyone
to sign up on.
Namworld: It's designed
to work like any stock exchange.
herbijudlestoids: dudesir: its an exchange, do you have an account with
the CME or NYSE? you have an account with your broker, who has a seat (or equiv) at
the exchange
chipug: everything increases with
time, even waistlines
Namworld: The rules are like
this, dudesir: fee will only increase or stay
the same.
dudesir: lol I was assuming downwards, I suppose MPEX is only for
those who are already rich...
dudesir: mircea is
the 30 BTC fee going
to change eventually?
chipug: mircea_popescu: wtf was
that balloon guy
thinking?!
chipug: it doesnt even fit on
the page properly!
herbijudlestoids: when i say dont
touch
the
thing or youll break it, and
then
they
touch
the
thing...
nubbins`: only
those whose surnames begin with A
through F may visit
the zoo on sundays, etc
nubbins`: most of
the story was about attempts
to legislate order back into society
nubbins`: technically wasn't really math fiction
tho
nubbins`: e.g. everyone in manhattan decides
to drive across
the same bridge on
the same evening, etc
nubbins`: read
this story once where
the law of averages stopped working
mircea_popescu: asciilifeform
then,
the product of
the square of
the first with an odd power of
the second does
mircea_popescu: just keep going on with
the description of
the complexity until
the reader falls over
herbijudlestoids: mircea_popescu: got a response, somewhere privatish i can send it
to?
mircea_popescu: i
think you can probably write a brown note novel on
this, you can literally drive math people
to insanity.
herbijudlestoids: i cant comment cos i dunno shit on
the
topic but i did fwd your statement and query on
mircea_popescu: so it's not like
there's something debatable really, it's entirely and flatly wrong, like a chinese man on a list of hepatic patiens.
mircea_popescu: herbijudlestoids yes. and
the early spikes aren't exactly easy money either.
mircea_popescu: now you look at
that chart and
tell me
that debtors beat savers in 2000-2005 ?
ozbot: Romania Cuts Benchmark Rate
to Record Low as Inflation Slows - Bloomberg
mircea_popescu: there's no way
to pick really. you're on both ends always
mircea_popescu: or a soft obamacare, which appears
to work fine, but when your name is obama an email is sent
to a certain address with your vaginal probe pics.
mircea_popescu: ask
the guy what his research is for
that list he made sometime.
mircea_popescu: if
the whole proggy is
the key
then it;s not safe ipso definitio
mircea_popescu: the problem itself
tho, "make me gpg which keeps my key safge and uses no pw", is not
trivial.
mircea_popescu: so inasfar as
that, it may be
the case homomorphic software can be in fact written
that protects
the key say
mircea_popescu: what may work
tho is indeed code
that does
the function of cardano in software.
mircea_popescu: and
the case of futzing non-recursively with data is not covered.