883900+ entries in 0.565s
mjrIII: he specifically said
that because no one is going in
the mid market, he is not adjusting
CheckDavid: I was just confused by
the lack of info on
the website I guess
kakobrekla: mjrIII!
the legend, you in panama yet?
ThickAsThieves: I
think if another month or
two of low sales go by, he'll adjust
mjrIII: but i don't want
to speculate on
the rise and fall of btc prices, i just want
to arbitrage
mjrIII: so anyway, i
think
that
the options are really expensive, but it seems
to be working for mp, so i understand why he wouldn't offer it cheaper
mjrIII: is
that not called a movie?
Scrat: spamming a bot for 1 pic at a
time = worst way
to fap
mjrIII: well, given vol of 50,
that option should cost $3 or so
mjrIII: so i looked at
the one month in which volatility was
the greatest
mjrIII: and
that is still around 23
mjrIII: so i looked at
the deviation from
the mean for each closing month
mjrIII: by
the way,
to calculate
the volatility, i looked at historical data over
the last year
mjrIII: by
the way, using my calculated volatility for bitcoin
mjrIII: to figure out how hedged I am, i need
to calculate
the
total value of my position over different prices btc/usd
gribble: MtGox BTCUSD
ticker | Best bid: 69.48659, Best ask: 69.50000, Bid-ask spread: 0.01341, Last
trade: 69.47957, 24 hour volume: 26399.30211272, 24 hour low: 66.60001, 24 hour high: 71.11212, 24 hour vwap: 68.68513
mjrIII: and yeah, i'd be selling
them via mpex
Namworld: I'll
take
them at 0.05 a piece
mjrIII: curious as
to interest levels
mjrIII: for example, i
think
the 68put is around .3 btc
to buy
mjrIII: and
then
there is
the rolling forward return of
the futures contract, which is extremely weird
mjrIII: and also, since it is not possible
to know how many bitcoins i would need as collateral,
there is a little uncertainty in ROI
mjrIII: since i profit from
the future's contract if
the price goes down, as long as my premium is at a certain price, i won't lose money in
the
total portfolio
though i lose on
the put, my future should hedge me
mjrIII: for example, if i sell
the future, i could sell a put
mjrIII: how covered am I if i sell an option
that moves inversely
mjrIII: if i sell a futures contract at
the current price
mjrIII: but i am still working out
the numbers
mjrIII: and
that would be where my delta hedging comes in
mjrIII: but, if i can sell options, at a much more lower price, i should be able
to collect a decent amount of bitcoin
mjrIII: because of
these huge premiums
Namworld: I haven't
traded options in a while
mjrIII: based on a few different calculations, i
think
the MAX volatility is 50
mjrIII: while bitcoin is volatile, it isn't
that volatile
mjrIII: right now,
the implied volatility of
the options at
the prices currently quoted is 300
mjrIII: i am looking
to delta hedge positions so i can sell options
gribble: MtGox BTCUSD
ticker | Best bid: 69.00109, Best ask: 69.28796, Bid-ask spread: 0.28687, Last
trade: 69.28797, 24 hour volume: 26550.16216519, 24 hour low: 66.60001, 24 hour high: 71.11212, 24 hour vwap: 68.67714
gribble: burnside was last seen in #bitcoin-assets 6 weeks, 2 days, 16 hours, 56 minutes, and 14 seconds ago: <burnside> sadly, gotta head out. withdrawals
to process and day job
to attend
to.
assbot: !mp <signcrypted dpaste.com url> (desc: returns
the response from MPEX order)
assbot: !ticker <exchange> <ticker> (desc: returns current
ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
assbot: Last
trade for S.MPOE on MPEX was at 0.00080091 BTC [-]
Namworld: ehrm...
that's not
the purpose of BitVPS
thestringpuller: You should put anything
that would go as dividends into cash on hand, and invest. :P
thestringpuller: i wonder how much of
the money
taken from ASICMINER went into MPOE or where it went in general ;P
furuknap: I find it interesting how people seem incapable of seeing others as not having
their own characteristics.
cads: I enjoyed it a lot, and you've given me some awesome directions
to investigate
cads: thanks for
the conversation, benkay!
benkay: the mobile integrations aren't quiiiite
there yet, but getting close for sure
benkay: clojure was designed
to be hosted on all of
the machines
cads: definitely a JVM language will be great
to have when/if I need
to do android dev
benkay: whether
the programmer has any value with
those paradigms is a wholly different
topic
cads: sure, and I want
to get over prejudices in my choice
benkay: but an open mind
towards programming paradigms has a lot of value
to
the programmer
cads: I'll
try and open my mind here - I really love
the idea of clojurescript
benkay: you could probably burn
through joy of clojure pretty quickly
cads: yeah, I don't want
to put negative words
to lisp, mostly since I don't have
the experience
to have
that right
benkay: i use what i feel like using when engineering req's don't clearly dictate alternatives, and when
they do?i follow
their directives.
benkay: so many people have spilled so much ink on
the
topic of languages
cads: lol, even I hate lisp, mostly because it feels like someone was
too lazy
to write a parser
benkay: clojure's still young enough for
that
benkay: there is also
the unquantifiable upside
to writing
the building blocks of a new ecosystem of web
tech
tools
benkay: so we
took
the code out of your code
cads: and I hate
to give it
to it, but worpress is great, and
the actual PHP you have
to do
to use it is very very minimal, even when you're writing your own
theme
cads: php definitely has gamed
the "worse is better" aspect very well
benkay: i
typically recommend it as a good framework for apps
that clients want
to maintain
themselves, or be able
to hire people
to maintain
themselves
benkay: if all you want is a
thing
that serves stuff and is reasonably secure and performant and well documented, django's your gig
benkay: django is
the batteries-included
thing
benkay: clojure is evolving
towards pluggable modules
ThickAsThieves: if you user has not heard of bitcoin you may incite
them
to learn
cads: I'm sure
there's a blog
ThickAsThieves: I know i'm late commenting, but in general, offering more payment methods will likely only have one negative consideration. It may act as a distraction. For web shopping, most any "step" or "option" is a potential moment of distraction. Each of
these moments can be considered an obstactle
to a sale,
the goal being
to have
the least amount of resistance between
the impulse
to buy and
cads: I'm suddenly very interested
to find out what web platforms clojure has acretted in
the
time I've been away from it
benkay: except with clients who want
to own and maintain
the application.
benkay: well, professionally it's always a
tough sell.
cads: I don't
think it existed back
then
benkay: probably not, back
then.
benkay: did you get a chance
to play with ClojureScript?