log☇︎
871700+ entries in 0.622s
pankkake: didn't know about GPA. trying
pankkake: GPG GUIs actually confused me more than the command-line
ThickAsThieves: a GUI would be nice though
thestringpuller: mircea_popescu: I thought you could just register the main and subkeys to the WOT key list and just give out the fingerprint?
ThickAsThieves: now that it's working i love it
mircea_popescu: i think teh gpg is really counterintuitive or something
mircea_popescu: thestringpuller well... there was a rash of them, but it abated.
thestringpuller: mircea_popescu: didn't the idiots emailing you about the fees without reading the faq piss you off just a lil' bit?
ThickAsThieves: ok dont get mad if I bug you about it again then ;)
ThickAsThieves: that is possibly enough for me in this case
mircea_popescu: ThickAsThieves i can start to see where the "for your personal amusement" part could come in
mircea_popescu: thestringpuller the funny part is, that quote's older than 2/3 of smidge's index.
ThickAsThieves: hell maybe it turns into the bitocoin SRO
thestringpuller: Ah this good 'ol quote (speaking of scammors): .Shady ROMANIAN character opens up unregistered bitcoin options exchange (complete with HTML from 1993) on his personal website (which also hosts porn) and charges exorbitant fees just to join, while constantly accusing pretty much everyone else in the bitcoin community of being a scammer, and, along with his (possibly virtual) -PR lackey, acts like a loudmouthed douchebag . but apperantly scams no
ThickAsThieves: what i'd said re an0 was to possibly include it
mircea_popescu: i recall we discussing accounting standards and me saying just use an0 thats what its for
ThickAsThieves: of course you informed me this was a stupid waste of time
ThickAsThieves: to help the "play" exchanges and "investors" grow up
ThickAsThieves: I had run the idea by you to start work on BALS, the Bitcoin Asset Listing Standards
mircea_popescu: ThickAsThieves what was the disagreement ?
mircea_popescu: thestringpuller it's simple. if you put in domain.com, the avatar is loaded from domain.com/avatar.png
thestringpuller: mircea_popescu: All : the avatars here don.t use gravatar, instead look for an avatar.png file in your domain. << When you got a minute could you direct me a to a faq or something explaining that?
ThickAsThieves: even for the play exchanges
thestringpuller: BTCGARDEN should hire a futures expert and use their capital for something useful
mircea_popescu: well arguably they have much bigger problems atm.
thestringpuller: miners don't deserve hedging then
mircea_popescu: since i won'd do it myself cause i know shitall about mining, and nobody else does it basically because nobody else has the capital
thestringpuller: so ultimately you'll need someone with the spare capital to act as the anchor?
mircea_popescu: if you think about it, that's half of asicminer's total profits, and for that matter prolly > 10% of its entire profit over its entire lifetime forever.
thestringpuller: mircea_popescu: are difficulty movements that much larger than the spring price movements?
ThickAsThieves: assuming we're thinking of the same event
ThickAsThieves: i think it was like my first week
mircea_popescu: ThickAsThieves were you here back when he came in to like... i dunno, cuss me out as a pr exercise i guess
ThickAsThieves: Hmm, Bitfunder needs a new tagline
mircea_popescu: atm it's fucking insane with the movements.
mircea_popescu: thestringpuller i think it needs time.
ozbot: BitFunder.Com - Join the crowd, every BIT helps
ThickAsThieves: dont confuse that with me saying a day trader cant make money with them
ThickAsThieves: they will all ship too late, and payout too little
ThickAsThieves: if they arent, they may as well be
dexX7: in all seriousness: do you really really think actm, lab and garden are scams?
ThickAsThieves: issuing mining bonds inst as easy these days
ThickAsThieves: use your other equity to back it
dexX7: well. that indeed could be a way
dexX7: use ipo money to pay divs
thestringpuller: how can you sell mining bonds if you don't yet own them mr. ThickAsThieves ?
rulother-gs: If that's the case I should start up an ipo lol
ThickAsThieves: and they profit
ThickAsThieves: i'm not saying it's the best way, but people do it
dexX7: well, that's not necessary connected
ThickAsThieves: preorder mining equipment then resell it before it exists
assbot: Last trade for S.MPOE on MPEX was at 0.00082509 BTC [+]
assbot: Things which are alike, in nature, grow to look alike, and the speaking stones have lain a long time lookin' at the sun.
thestringpuller: hard to provide because it's harder to price than options which are difficult enough as is to price
kleeck: Ha. Yeah. I'm not interested. Maybe the market needs a true difficulty hedge that is easy to understand. "mining insurance"?
thestringpuller: 2nd time I've heard that answer
kleeck: I don't know the details.
kleeck: DMS has an offering that is essentially that.
thestringpuller: we can hedge price, but I've racked my brain over hedging on mining and it seems the answer to the question "how do I hedge mining" is "you don't"
thestringpuller: what do you think the market needs for the diff futures market to mature like the options market?
mircea_popescu: there was a mm a while back but things diodn't work out so well for him.
mircea_popescu: well... i was talking to someone just yest.
thestringpuller: mircea_popescu: http://trilema.com/2013/how-to-hedge-as-a-miner/ - how long until someone comes and is able to market make diff futures
dexX7: well, i guess you failed with your expansion than :p
mircea_popescu: dexX7 yeah. thing is s.mpoe was over half a mil btc back when asicminer was worth ~0.
dexX7: lab is tiny compared to garden with 7k or 14k now
VanCleef: and currently own 0% of the mining network?
VanCleef: but both those companies are worth about hmm over 35million dollars?
dexX7: i guess avalon made much more than fc
dexX7: well, that's an estimate. 20 % hashing = 720 btc + hardware sales ... but this far away from constant though - maybe 500 / day is more accurate
mircea_popescu: dexX7 between 50 and 100k total so far.
dexX7: does anyone know how much coins avalon and friedcat made per month or whatever? veery roughly is okay.. just to get a feeling for the magnitude..
joesmoe: heheh, i know the feeling
Chaaaang-Noi: either never have time, or not have money....
Chaaaang-Noi: i want to do that, soo busy
Chaaaang-Noi: i miss that
joesmoe: It's cheap to get around, food is cheap, lots of people in south america like to travel too
Chaaaang-Noi: yeah, that is what i want to do
joesmoe: i highly recommend south america, it's the best place in the world to backpack right now imho
joesmoe: well if you ever need any help planning, I've been traveling around for years.
Chaaaang-Noi: i think ill do south america first though
Chaaaang-Noi: i want to travel europe soon
joesmoe: hehe chillen. About to head over to Sziget festivatl tomorrow in hugary.
Chaaaang-Noi: tomorrow will suck, after that, should be awesome
Chaaaang-Noi: 18 hour drive tomorrow, going ot the islands
dexX7: i'm bored too :p
dexX7: good thing they are
dexX7: just saying how things are done at dax, not that this concept should be used
mircea_popescu: dexX7 the volatility part is true but also very problematic in btc
dexX7: smidge: a company is excluded from the dax if it's weight exceeds 10 % or it's 30d volatility is heigher than 250 %
smidge: if anyone has more to add pls post in teh thread
smidge: anyways bbl, intersting discussion. thx
smidge: yea they do
mircea_popescu: well... like any garage sale, people like the crap buckets.
smidge: you mean shining stars and two other buckets full of crap :)
Chaaaang-Noi: limited number of buyers, prices seem to be fixed
Chaaaang-Noi: im not sure anything is valid on the mp exchange
smidge: thats what it boils down to
smidge: two categories, or the compromise listed above
mircea_popescu: but anyway, here are your problems : put am, mpex (and used to be sdice) in there, you've got 2 mn+ btc wiping everyone else into irrelevance. you don't put any of them well... it's weird parade. (which is wjhy i suggested making two categories)