822100+ entries in 0.93s
Vexual: yep, he buys mining equipment. dividends exist.
the end
mircea_popescu: what part of
the "i hold my share prices" do i woefully misunderstand ?
mircea_popescu: "For a few months now, Whilst I hold my share prices at 0.012, When I started,
This was nothing, Now it is starting
to be something, Whilst
this is good for early adopters who have got
the value back already, Is
this
too high for anyone else
to come in?
Vexual: 7c would be a lot cooler if
they were building a
town in antarctica
Duffer1: 7c IPOing soon, won't get anything done for a year (while btc price
triples in
the meantime) sounds like another VTX
Duffer1: i didn't even look, i read
the email
then deleted it when i read
the 3rd quarter 2014 part
ThickAsThieves: did Havelock skip having a forum
thread for
the new IPOz?
mircea_popescu: this
to me looks definitely like miners are dominating
the yes side.
mircea_popescu: ThickAsThieves if you look at it,
the yes side is few and mostly large bets,
the no is mostly many small bets
benkay: well yeah and
the whole otc lubrication of
trade
mircea_popescu: it's not like i was bored one day and invented a new
thing/
mircea_popescu: how do you
think options ended up existing in
the first place,
benkay: i was wondering
the other night how likely bitbet would be
to displace formal options
trading
benkay: dat
topological identity.
mircea_popescu: mike_c but your contract has an implicit strike (established by
the interest you pay on
the borrow and
the price you get on
the sale)
ozbot: porsche using EMP device on Mullet Ride (to keep from being passed @
thunderhill) - YouTube
mike_c: well,
that is
the definition of a short
mircea_popescu: interestingly enough, any arrangement wherein you borrow bitcoin and
then sell it is, in fact, an option.
BingoBoingo: This blogger is willing
to offer
the Senior Editor a 2,500,000 Satoshi Grant
to study shorting Bitcoin or a 5,000,000 Satoshi loan
benkay: i'm intrigued by
the bitbet about difficulty falling
mircea_popescu: benkay it can remain rational for even longer
than you can remain irrational, is
the catch
benkay: "the market can remain irrational far longer
than you can remain solvent"
benkay: mircea_popescu,
ThickAsThieves how'd shorting
the difficulty work out?
mircea_popescu: truffles
tat shorted
the difficulty, i'll have you know.
ThickAsThieves: unless he wants
to a secret shadowy silhouette article on me
mircea_popescu: benkay
to quote one of
the better lines in city hall, "You ever seen a journalist with a million dollars in cash ?"
jurov`: ThickAsThieves: can I kindly refer him
to bitcoin powerhouse of
TAT Investments?
gribble: A market order
to sell 1000000 bitcoins right now would net 34063873.7035 USD and would
take
the last price down
to 0.0017 USD, resulting in an average price of 34.0639 USD/BTC. | Data vintage: 16.7910 seconds
gribble: A market order
to sell 1000 bitcoins right now would net 1115751.6083 USD and would
take
the last price down
to 1100.0000 USD, resulting in an average price of 1115.7516 USD/BTC. | Data vintage: 0.0702 seconds
BingoBoingo: mircea_popescu: I imagine he does an OTC
trade in a rest stop bathroom?
benkay: BingoBoingo: his help desk dorks don't have enough btc
to short and move
the price anywhere
Vexual: maybe
they gonna out satoshi
mircea_popescu: BingoBoingo and
then he gets davout
to whitelist him on btc central or what ?
mike_c: nah, his help desk dork with btc is worth more
than him now
BingoBoingo: benkay: He's a senior editor. I'm pretty sure he can bully one of his help desk dorks into loaning him
the coins.
mircea_popescu: or else embarks on
the 6 mo
to a year of lurking, reading and so on.
mircea_popescu: anyway, i would imagine guy got a good enough starter
to figure what's what. at
this point either he's on a deadline for
the next article and well, just drops
the entire
thing,
jurov`: So should i just write him i have friends on irc and
they will loan you?
benkay: BingoBoingo: implies insufficient familiarity with
the
toolchain
to get in
the WoT.
BingoBoingo: benkay: Still doesn't preclude getting in
the WoT
jurov`: Dunno. Not in mood
to investigate.
mircea_popescu: benkay maybe because
the plan is
to short enough
to move
the price ?
BingoBoingo: ... So
the Fortune editor is basically Bakewell 2.0? Can he even ident with gribble?
jurov`: Hmmmm..
that's where
the lulz come.
benkay: why do
the
traditional short instead of playing options?
mircea_popescu: inb4 he ends up with 7k of mtgox usd he can't actually get sent
to his acct and we get a forbes bitcointalk
thread
Vexual: then cry
to visa when he fails?
jurov`: Anyone wants
to lend him for lulz?
jurov`: Oh and he wants
to really short bitcoins not just buy/sell some options.
mircea_popescu: <ThickAsThieves> litecoin almost $1b <<< do you realise most fiat companies are worth less
than
the lauighingstock altcoin ?
jurov`: Dunno what card, i rejected. But maybe i can actually sell
the card for btc and use
that
to fund
the acct?
KRS|gotyawallet: a lot of people are going
to receive
teh proverbial "sore anus" at some distant future.
mike_c: bitbars are "rare", so
the price of one doesn't mean much. market cap of all
them is only $600k
BingoBoingo: KRS|gotyawallet: Well, with especially failed altcoins
there is not uncommonly just one holder and setting
the exchange rate so arbitrarily involves a minimal amount of actual money.
ThickAsThieves: come
to
think of it, i kinda disagree with
the premise
that designers create
things
to look babyish
Vexual: ahh so
thats why i baby
talk
to my vw bettle
ThickAsThieves: clients cause oodles of depression and frustration for
that field
ThickAsThieves: <mircea_popescu> so basically designers should be round up and shot. <<<< in some regards, yes, but in
the end a designer is paid
to solve a "problem" and more often
than not, in a way
they would not prefer
ozbot: aussie chook laying egg -
this one's a cracker! - YouTube
Vexual: i dunno what kind,
theyre brown, got
them from
the market
dub: you are
that guy from wolf creek right?
KRS|gotyawallet: Bitcoin-Ass specials: 2 liters anal lube .003 BTC. SENSATIONAL!! 23" Monster Cock (only comes in color BLACK) made with
the finest rubber and steel belts. BLOWOUT: Everyone's favorite laxitive COLON BLOW. Everyday low price .001 BTC.
kakobrekla: i dont
think
thers much game in sex and btc, but if pays dividends....
gribble: MtGox lag is 2.777023 seconds. During
this
time, light
travels 0.0055651229989 AU. You could have sent a bitcoin from Jupiter
to its largest moon, Ganymede (0.007155 AU).
mircea_popescu: if difficulty shoots up
too much at least you can eat
the cheese.
ozbot: S.NSA pe
Trilema - Un blog de Mircea Popescu.
BingoBoingo: damagebritain: Here's more
text explaining what S.NSA has planned in
the near future.
jurov`: don't forget
to get experts of unrelated company involved under nda
mircea_popescu: or anything else in
this manner, product designers attempt
to create
the same reaction
to a product
that a human baby could create."
mircea_popescu: "By making
their product or artwork display neotenous
traits, designers attempt
to sway people
to enjoy or desire
their product because it appears childish, adorable, soft or otherwise desirable. By making a product cute,
the nucleus accumbens in
the human brain is
targeted and elicits a protective or coddling response, which encourages an individual
to acquire (purchase) said item. By designing items, characters, food