895700+ entries in 0.673s
eyetalian: ie someon puts a limit 0.19
the bot instantly puts a 0.189
eyetalian: mircea_popescu:
the sell orders arent present until someone places
them
mircea_popescu: what insanity is
this.
there's always someone selling wtf.
mircea_popescu: it's kakobrekla who people cuss out. please stick
to it.
mircea_popescu: i'm
the half issuer who people praise, as per
traditiob
eyetalian: you are using a script
to divert any BTC bids
to yourself.
mod6: looks like it
timed out
today
mircea_popescu: i wonder if
there actually is a bot or
the guy just has a "world is satan" outlook
mod6: (00:31) (!) mpexbot ~supybot@unaffiliated/smickles/bot/mpexbot has quit [Ping
timeout: 252 seconds]
assbot: Some are born
to endless night.
eyetalian: it just ensures you always get
the new BTC mircea.
eyetalian: so its 1 participant gaming
the market
eyetalian: when someone
tries
to buy
the bot ensures its
the bots supply you are buying
eyetalian: the bot absorbs any new bids, diverting BTC
to itself
eyetalian: thickasthieves:
the bids are very low on purpose i assume it is
the bot buying back
eyetalian: and
take a huge loss, which i assume
the bot sits on
the bid side
too
eyetalian: the bot will undercut you forcing you
to do a market order.
ThickAsThieves: you need
to sell for less
than whomever else is selling
eyetalian: it just seems youve set it up
to make sure any new bids go straight
to you
eyetalian: well yes i know you are selling most of
those
eyetalian: almost
the entire ask size is
the bots shares
eyetalian: no its called someone having a huge ammount of shares and gaming
the market
to ensure all bids are aimed
towards
the certain supply
mircea_popescu: well
this is called price formation you know.
the market atm is incredibly wide
ThickAsThieves: or
trick
the bot into selling into bids, if it's
that exact
mircea_popescu: i imagine if
the price is
too high it will undercut you,
eyetalian: it stops you from being able
to exit
eyetalian: yes but no matter what price you put
the bot comes in
eyetalian: example if you
try
to sell for 0.19. instantly a sell of 0.1899 appears below it
eyetalian: very dissapointing dividend on sbet
this month :(
jborkl: I remember
the first
time I read about
tonal , I stopped when I reached Bong-Bitcoin
deadweasel: DEAF.GMA-PT will not be offered until my other, deaf grandma is in
the ground.
Then her
Tonal IPO can be announced.
jborkl: I always
think of deaf people
talking when I read
tonal bitcoin
imsaguy: deadweasel, it'd probably be easier
to use
tonal numbers
deadweasel: and
the number will be in
tens of
twelves
mircea_popescu: well
the only way forward is for you
to present
this at
the upcoming "first" coinsomething conference
imsaguy: Im pretty certain
that once dead,
they all fart
mircea_popescu: (fwiw,
the romanian expression is "you can only fuck her after you roll her in flour and find
the wet spot")
imsaguy: <mircea_popescu> how's she generating revenue ? << ever heard
the
term 'find a fold and...'?
ThickAsThieves: the amatuer mining professional wouldnt stand for
that
deadweasel: every six months her
total mass is reduced,
thus your shares become more valuable, as
the
total is reduced.
ThickAsThieves: and i assume
this asset won't see any divs for quite a while
deadweasel: mircea_popescu,
this is a
traditional IPO, we will decide revenue generators later.
furuknap: MP, I know, but it would only be for
this;
the other assets have PTs already.
deadweasel: yes, I'd like
to offer up DEAD.GMA shares
furuknap: Yeah, MP is putting up a new asset, and I just can bring myself
to doing all
that PGP stuff
to
trade.
deadweasel: I'm going
to sell my dead grandmother in a
TAT-PT
furuknap: And who will be
the first
to issue a PT? :-)
deadweasel: mircea_popescu, I'll watch for now, but I'm glad
to see some new IPOs emerging.
eyetalian: hello when are
the SBET earnings/dividends released?
mircea_popescu: of course it would by definition be for more per share, but nothing wrong with
that in principle.
mircea_popescu: deadweasel
the
two are not distinct however. you can just wait out
the ipo, see if any value arises and
then buy in lateer
deadweasel: but since it's new biz,
that part cannot yet be fondled.
deadweasel: I did like
the
traditional IPO offering piece.
That's all great stuff, I just want
to fondle whatever it is
that is worth investing in.
mircea_popescu: as
the article says, unlike all
the other mpex ipos, which were sale by owner of established product,
this is new biz.
deadweasel: I see. I
think understand
the status of
this IPO.
mircea_popescu: asking me about "is
the problem already solved" presumes we're past step 3
mircea_popescu: step 1. some people decide on a problem
to solve ; step 2.
those people come up with a way
to do it and calculate resouerces needed ; step 3.
those people gather
the needed resources.
deadweasel: mircea_popescu, of course, it was Magic currency first, but now it's something else. What would
the utility be of
the Game IPO? Where does
the product come into play?
usagi: Increasing leverage in
times of silver going up, decreasing in
times of silver going down
usagi: I am working hard at making my
tu.silver issue a winner
though
usagi: Right now
the price of BTC is
the determining factor in silver/BTC investments