79700+ entries in 1.214s
thestringpuller: on market price
as long
as they could sustain end user prices in the coffee shops and bakeries
mircea_popescu: the sdice for 18 is not quite
as big
as the idiff.jun for 0.03
thestringpuller: okay so
as we talked about with physically delivery of futures, I started analyzing the possibility of physical delivery for procurement. Since BTC volume is so low it would end up being procurement for local stores and not full fledged chains.
jurov: Doffx, there's no such thing
as bitfunder bot. deadterra decided to consider even coinbr
as a competition
smickles: even
as of the time of your writing
Ukto: "News" - "TRAGEDY
AS ENTERTAINMENT"
mircea_popescu:
As many of you know, I'm reaching 18 years old this year, and even though the Bitcoinica venture was extremely exciting and eye-opening for a teenager, I have to admit that I could have displayed a higher level of maturity and professionalism in some matters.
mircea_popescu: "My wife and I don't have many services to sell here, except for this. She started out
as a small B cup, then had a BA surgery (350cc) to bring her to a D, then another about 18 months ago (600cc), to bring her to a DDD. Since then she has really started to take care of her body and has worked out a bunch."
coingenuity: and, i appreciate you bringing it to my attention,
as always- i keep tabs personally on every single order so if someone starts to feel neglected, i like to hear about it
EskimoBob: why invent the wheel if there is something
as mature :) like assbot
jurov: just some really free (
as in, no monthly payments) coinbr account
Azelphur:
as I say it works, don't fix what ain't broke (tm) :P
thestringpuller: "
As a complete aside: putting a 5mn BTC buywall @ $200 each up in MtGox might actually be the most rational use of a billion dollars currently. You'll end up with 2-3 mn BTC and the price will be permanently in the hundreds. Profit."
gribble: Nick 'smickles', with hostmask 'smickles!~smickles@mostofmany.com', is identified
as user smickles, with GPG key id EA62D7CEB2450C3F, key fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6
gribble: You are identified
as user smickles, with GPG key id EA62D7CEB2450C3F, key fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6
mircea_popescu: basically, bondholders asked for 9.9%. mpoe made enough to pay ~5%. the rest came out of their capital,
as a sort of amortisation of a bizzare kind
mircea_popescu: othwise futures markets fail to work,
as icbit is on the verge of proving
thestringpuller: I think
as mircea_popescu said, it'd be more like a contract settler
smickles: but,
as I am trying to become a CPA in the future, there are ethical guidelines I need to adhere too
smickles: thestringpuller: I don't think I could take you on
as a client if I suspected your business operated in violation of the gov't's rules
mircea_popescu: smickles at the leves involved i would imagine this would simply count
as contract sourcing.
smickles: there are models for futures too, actually, it's possible to even use b-s,
as options and futures can be converted to one another
rg: mircea: i started
as a level 1 tech
Namjies: It would remain
as is for MPEx.
thestringpuller: ideally mircea_popescu my vision was that of buyer X has some Y number of contracts on cocoa, I would need to know his "end game"
as where he wants the cocoa to end up, is it part of a portfolio or would he be "sub-distributing" to say coffee shops or a bean roaster
thestringpuller: i can get beans straight from the farms,
as long
as I have contracts to sell them against, ergo the clearing house
mircea_popescu: ;;later tell bugpowder if you deposit 2.3btc today for the SEP and then
as MAR rolls by the diff actually went way up like 9x, the new collateral is just 3x, but 3x the NEW price, which is 9x.
mircea_popescu: ;;later tell bugpowder there's an important point to consider in the discussion of X.IDIFF margins
as the quarters roll by which we skipped over last time.
thestringpuller: what if the personor entity acting
as the clearing house had, access to the physical asset via normal channels, fiat on hand to pay for said asset, and btc's on hand. in theory couldn't he sign a pgp contract granting ownership to future holders upon settlement?
mircea_popescu: wait. smickles considers himself a mature ?!
as in, old pornstar ?!
Ukto:
as well
as some for the site itself
Ukto:
as I said, its easily doable in a multitude of ways, I just want to think through the best way to do it. right now, I am still trying to focus on the core systems
EskimoBob: for mining contracts, that pay N Mh/s
as div
Ukto: EskimoBob: wow, I feel completely lost
as to what you are talking about now. :P
Ukto: so
as long
as someone has a copy its within some reason
Ukto: EskimoBob:
as long
as you have up to the second latest copy of the data
Ukto: mircea_popescu: yeah, i already spent the time to make twitter feed, even same format
as glbse to make it weasy for kakobrekla, now he wont use it cause twatter will eventaulyl disco it
Ukto: i kinda want to use a version it
as a backend for my system
Ukto:
As I was talking to deadterra bout his s.dice PT
Guest6144: thestringpuller: another
as of when?
thestringpuller: I think the future market is a good start, once you're able to buy manufacturing level volumes of commodities, people may use BTC
as a primary trade vehile.
jurov:
as using them to mine bears the risk someone spotting them
lyspooner: yes, that incremental blockheader is a very beautiful thing. although the block reward halving party wasn't
as exciting
as a new years countdown
lyspooner: the blockchain has been described
as a distributed timestamp
Diablo-D3: lyspooner: well, Ive used difficulty
as a unit of time before
mircea_popescu: the problem is that
as hash output increases the 2k blocks go by faster, so the 400% is not related to time
Diablo-D3: smickles: well, I was using it
as virtual hash power for dmc before we got dmc
mircea_popescu:
as diff goes up you make less from mining but some money from the future
mircea_popescu: look, it's really simple. you have 1k btc, want to mine. case A : you buy mining gear worth 1k btc. mine.
as diff goes up you make less btc from mining
smickles: so when you mine btc, you are essentially doing the same thing
as selling that contract
smickles: X.IDIFF.DEC settles in BTC on the third Wednesday of December each year before midnight GMT
as equal to the network difficulty then current, truncated to an integer and expressed in satoshi.
smickles: a 2yr payoff is ideas,
as that would equate to tax depreciation
smickles: using a single BFL product
as an example
Diablo-D3: there was a shareholder vote on it to do it for a limited time, then nefario locked my glbse account and tried to use his attempted removal of me
as ceo
as a cover for his bullshit
Diablo-D3: if you take the first half of shares I bought back
as an aggregate, people made back more than they originally invested already
Ukto: Diablo-D3:
As little interaction
as possible?
mircea_popescu: so,
as btc goes up (and in no small part because of mpex) the fee scales. is perfect-ish
Namjies: I often forget you want to manage MPEx
as a stock exchange and that the fee I paid is actually to get a "seat" of sort.
mircea_popescu: mpex would never list some asset making 3 btc a month, let alone something
as dubious
as those were. but it doesn't have to not list it :
Namjies: Same
as small investors go through a brokerage firm to get a few shares.
mircea_popescu: this has been stated in the inverse,
as "keeping drama out"
mircea_popescu: and also for the sake of keeping them rare. idiots tend to self-select
as they can't cope with it.
midnightmagic: If my Dad hadn't the foresight to insist I keep my BBQ
as far away from the house, I would be homeless right now.
Namjies: Ah, but perfection is never achievable. Should we not strive for it
as much
as possible regardless?
midnightmagic: Reality is not governed immediately by rational thinking, neither society. Thus, consensus by mass hallucination is what society arises from; more's the pity when the masses have already accepted a certain lesser reality
as truth prior to it becoming enshrined in law.
mircea_popescu: the romans were in agreement that they kick ass, just
as odoacer marched in.
Namjies: You treat them the same way tho, wether they're half or whole. You treat it
as food.
midnightmagic: They are only not citizens insofar
as they can't vote and aren't held responsible for their own actions.
Namjies: And
as such, if a couple wants slaves, they can manufacture them.
Namjies: If any parent can, then idiots would be permitted to kill their productive child be interpreting the child correcting their erros
as disrespect. They could even kill him just because they feel like it.
mircea_popescu: Namjies
as in, having a kid can not be considered a promise to anything nor an agreement to anything.
Namjies: How they act. They can't control his brain
as far
as I'm aware.
mircea_popescu: Bugpowder yes, practically.
as far
as mpex is concerned at most he gets no collateral back, at best he gets all collateral back.
Namjies: And on my point of view, I would like to offer every kid a chance at education regardless of the parent's means
as well
as health care. That would be purely based from personal priorities.
Namjies: It might not be impossible... but so far large governments are very inneficient
as far
as I care.
mircea_popescu: way, way overdone. college mostly consists of elderly people asking kids what they think. who the fuck cares what 20yos think ? they're dumb
as rocks by the very definition.
mircea_popescu:
as in, music doesn't suck today, it's just i have divergent tastes to the world.
bonafide: and are just
as broke
as they were before when their careers end
mircea_popescu: anyway. that aside health i can see
as a function of govt, in many cases. mostly trauma.
bonafide: me, living in the US... I see people using depression
as a scapegoat
mircea_popescu: smickles : you should post this novel sorcery
as a comment in the futures post
smickles: ooooh, these look fun. I was dissapointed to see the diff options go just
as I had figured out how to profit on them
pigeons: i'll list
as psychoticboy/gigavps/meni/mpoe