log☇︎
881200+ entries in 0.584s
Rulother: I find it must easier to deal with, if I just dont go to BFL's website lol
Vbs: BFL is still shipping "Day 1" orders of those
Rulother: Everyday I see the investment in those damn things dwindle more and more
Vbs: I really like the "soon" part
Vbs: "Our hashrate after the BFL units are delivered (soon): 573 gh/s"
Vbs: "Our hashrate at the end of the week: 153 gh/s"
Vbs: here goes the pump
Vbs: where did I heard that before... xD
mjr_: i told him "drop the The, it's cleaner"
mjr_: so I was talking to a guy who is starting a site called "TheBitPages.com"
mjr_: or it could just be a fun place for small timers to talk about nonsense, who knows
mjr_: google "chrome" a browser with no browser chrome, google "pixel" a high def display where you can't see the pixels, etc
Vbs: grass is greener there?
mjr_: got my first visitor to #smalltimer-nonsense
mircea_popescu: i wasn't understanding wtf got into the matthew_boyd kid
mjr_: insider trading \()/
mircea_popescu: o that's who it was.
Vbs: mircea_popescu: I thought ideas were overrated! xD
mjr_: we will be discussing the best investment strategy for your .2 bitcoins
mjr_: feel free to join me in #smalltimer-nonsense if you like anyone
mjr_: ooh, has anyone claimed that chan?
mircea_popescu: when the fuck did this turn into #smalltimer-nonsense anyway
matthew_boyd: are you going to continue to pump, if so I will stick 1 btc in there
ChaangNoi: we had to clear that .62 wall,and we did that
ChaangNoi: no, we just started the pump
matthew_boyd: Damn! Then next time make it GMT time ;)
mjr_: is the next step a dump?
ChaangNoi: i made it public what i was going to pump next, posted in this chan
matthew_boyd: Dammit ChaangNoi :( Please tell me the next time you intend to do something like this, I want to make millions \o/ Also, have you thought about BitVPS, I have like 39 shares in there and wouldn't mind to profit off of it! :P
ChaangNoi: i expect to clear 100k easy
ChaangNoi: yeah, this will have been a fun project, i also bought higher than .11 but still
matthew_boyd: ChaangNoi, you are going to absolutely bank!
Rulother: I see it getting to .8 and staling for a bit
matthew_boyd: Damn, you could all ways drop the amount and then I could buy ;)
Rulother: I moved my basic and am shares to cog
ChaangNoi: so you will have to look into it yourself lol
ChaangNoi: i dont know, i was saying yes when it was under .3 now i would have to do the maths again. im a large holder and going to do a pump that might not work
matthew_boyd: Do you think I should invest?
mjr_: guess i'll randomly try some rooms (#futures, #options, #trading)
matthew_boyd: What did you do to get cog so high?
mjr_: you told me about oil
daybyter: are there any forex channels, or so...
mjr_: oh, you used to trade other stuff right?
ChaangNoi: i only trade btc stuff really
mjr_: ChaangNoi: you know any channels for trading talk?
ChaangNoi: we lit the rocket
ChaangNoi: okay the cog pump is now in full swing
gribble: mircea_popescu was last seen in #bitcoin-assets 26 minutes and 27 seconds ago: <mircea_popescu> make sure the other side is in the same situation and then yeah, pretty much
mjr_: anyway, its just an idea, and we'll prove it out in practice not theory
mjr_: yes, and that is what is great about that
mircea_popescu: make sure the other side is in the same situation and then yeah, pretty much
mircea_popescu: this is why mpex positions are fully collateralised, once you've opened it you know you can rely on it for a fixed term no matter what.
mjr_: when the bitcoins are in play
mjr_: well, we are almost at the point where we actively try it out, that is when the rubber hits the road
mjr_: i'm long a future here, short a future there
mjr_: but, technically speaking, if i have the synthetic future on mpex, and the opposite side of a future contract somewhere else
mircea_popescu: maybe more than a bit.
mjr_: no doubt, that is why i want to do all the math myself, which means learning a bit of calculus, and pulling out the old graphing calculator lol
mircea_popescu: like the recent grand example o the gaussian copula.
mjr_: oh, i remember that
mircea_popescu: what i'm saying is that quants regularly fuck up the math
mircea_popescu: consider that there's no usg to bail you out in btc.
ozbot: Why MPEx is better than fiat institutions, part 349085 : we don’t use Excel. pe Trilema - Un blog
mjr_: yes very true
mircea_popescu: yeah, well, possible it may well be but this is where banks are broken.
mjr_: so, unfortunately, my ability to show the maths is not yet caught up with my instinct that this is possible
mjr_: there is some basis risk with this strategy, but i plan on managing that
mjr_: but hold the call
mjr_: and sell the put
mjr_: basically, a "synthetic future" would be buy a call/put, sell the other type
ChaangNoi: nvm, i thought you were doing something else, my fault :/
ChaangNoi: oh, you are doing this on mpex :/ never mind lol
mjr_: if i hold them to expiration
mjr_: now, the calls i have just created
ChaangNoi: okay, but what MP and i really care about is your options thing, how is that going?
mjr_: the one question i have is in regards to a "SPLIT"
mjr_: ChaangNoi: you were asking about sdice, i am not really into equitites at the moment
ChaangNoi: what? that is not options, that is just selling coins
mjr_: eh, still working on a few things
ChaangNoi: glad to see more players in that market
mircea_popescu: mjr_ how's that coming along ?
mjr_: i'm building my options writing strategy, no time for equities right now
mjr_: maybe if you take into account wire transfer fee...not sure, but it was pretty close
mjr_: gox was around $98.50 at the time
mjr_: i actually think he may have gotten a better price than he could have gotten from gox
mjr_: i think over the last 30 days, we have done $30,000+ in volume, which is not much for an exchange, but for a local meetup, I think it is growing quickly
mjr_: we always meet to trade in union square, nyc
mjr_: at the park
mjr_: we were all there in person
mjr_: related, but not exactly the same
Scrat: is this related with your website? buttonwood something
mjr_: one guy walked up wanting to buy 100 coins, and we filled his order at around 100
Apocalyptic: " // read after a day i realize there is no way i'm giving 1300 btcs from my pocket, so you were right
Apocalyptic: "I've taken the day away from the computer to think about this, and you're right.
Apocalyptic: looks scammy to me
TradeFortress: Apocalyptic, after thinking about it more, I don't think it's exactly scamming. it's like the gox rollback
Apocalyptic: TradeFortress, "To rollback it now after making that promise would be scamming, regardless of who's fault it was", did he just do that ?
ThickAsThieves: this all presumes that the error is real and not a money grab
ThickAsThieves: and hurt everyone else by whatever portion of those divested profits
ThickAsThieves: other than that it would also benefit anyone who already divested