log☇︎
904000+ entries in 0.654s
kakobrekla: so i was only taking hash rate specified bonds
kakobrekla: nah, you dont get the dividends
parseval: Well, I was thinking of making the whole process automated
parseval: Use case: You want to go play the volatile MtGox market to capitalize on changes in btc price, but you also want to keep your AM shares intact and collecting dividends while you do it.. Pay a small fee and a percentage, then repay your loan within the terms paid. Collect back your AM shares plus dividends.
kakobrekla: i did that a year ago.
parseval: I wonder how strong of a reputation I'd need to have to launch a securities backed loan site that lets borrowers put up shares as collateral and take out BTC loans from people. Kind of like BTCJam only everything would be 120%+ collateralized and borrowers could keep the dividends that accrue while their loans are active.
pizzaman1337: not yet, I'll be going there soon. I think the "doors" open in about 45 mins. =
kakobrekla: you at the conf yet?
error4733: "Just stop mining, so the difficulty will go down and it will be more profitable for me. Grin
KRS1: we must look like a bunch of chumps to the rest of the world
mircea_popescu: o hey, those charts ARE cool.
parseval: That guy should move to litecoin instead, no asics yet
KRS1: yeah like..was obama the best we could come up with?
mircea_popescu: "my shit sucks so you gotta adjust the world nao"
mircea_popescu: https://bitcointalk.org/index.php?topic=208630.0 lol gotta love these people
mircea_popescu: parseval which charts are those ?
parseval: I still need to add in flags for the dividends, and maybe make up some candlestick charts. Oh, and a USD->BTC comparison
parseval: I think I need to work on those charts a bit more, people seem to like them
Josh_Rossi: some trading
Josh_Rossi: i'm mjr by the way
mjrIII: so far this conference sucks compared to romania
truffles: dunno what those numbers mean
truffles: maybe itll be 3 by the end of month
ThickAsThieves: 50 shares @ 1.9, then next ask is at 1.949
mircea_popescu: well maybe the 7.5 noob had it
ThickAsThieves: about to hit 1.9
truffles: how many women there?
ThickAsThieves: conferences are also good to foster cultism/fanboism
mjrIII: i think
mjrIII: that is the point of conferences
mjrIII: saw some of the nyc guys
mjrIII: at the conference
truffles: seemed to have toned it down a tad bit
truffles: https://bitcointalk.org/index.php?topic=173433.0 actually reading comments by m-pr in this thread
ThickAsThieves: or so I've been told
parseval: I mean, using only the bitcoin network is great and all, but they left a bunch of money on the table there. At the least they should have been collecting some user data for return calls to action
optimator: de-U.S.-ing has it's short term costs
truffles: what what in the butt
ThickAsThieves: SDICE Profit This Month: -1298.65012061 BTC (so far) :/
KRS1: wtf he cant go to san jose..who is gonna cover for him
jurov: sorry, gribble went to san jose
KRS1: wtf did someone say it was okay for gribble to take off on a friday like this? he doesnt even know whats going on in the market
Namworld: I'll wait till all cards are microcomputers and show live balances directly on them lol
Namworld: live balances is a cool feature tho...
Namworld: Plus cards are easier to manage I say... nothing wrong in a physical wallet
Namworld: But I find it annoying to have so many apps/options
Namworld: That lemon thing looks neat
jurov: ofc: Will Bitcoin be able to scale in the face of exponential growth? Mike answered "yes" and without the need for "Bitcoin banks" or supernodes.
KRS1: mtgox has namecoin in their api too i did not know this..they must be at least slightly interested in the alt coins
jcpham: so the bitcoin conference started today?
jcpham: it's probably beeter that i don't know who people are or give a shit
kakobrekla: and he is on this chan.
mircea_popescu: he was at my conference, we talked abnout it...
jcpham: in the rain.
jcpham: i spend so much time in the dark in the cold.
jcpham: did you know that
mircea_popescu: lol noobs and their issues. always funny.
jcpham: damn these asics
truffles: not a true believer
truffles: breathing tax isnt out yet?
optimator: it's funny the things the state tries to regulate
optimator: i'm searching for the perfect porter - that balances hops and sweetness
jcpham: like hops too
optimator: jcpham: homemade rye is nice as long as the rye is in moderation
taub: We see that the MTGox data feed is not entirely reliable and also from an engineering perspective, its technical implementation really is very confusing and not well structured. They are using what is called a web socket and then on top of that Socket I/O . This is unnecessary and the method by which this is implemented is not technically correct. So we are not very impressed with the MTGox data feed. This is just a comment.
taub: and that other one regarding socket io
taub: regarding the goxlag
taub: >Interesting. Never heard of such a concept when it comes to trading. We would think that immediate execution should always be achieved as much as possible.
taub: i love the sierrachart jabs at mtgox
truffles: my partner would not like that i dont think
truffles: <Namworld> I'd totally invest in your booze, truffles >>> no wai lol
jurov: maybe ThickAsThieves could figure passthrough :DDDD
Namworld: I'd totally invest in your booze, truffles
jurov: should appreciate over time... but delivery of dividends would be problematic
jurov: truffles IPO your booze then
truffles: sitting in the vault collecting dust meh
KRS1: i would buy them all and tell you all to go find something else to do..like a boss
KRS1: imagine being able to buy all of the bitcoins and still having more than anyone would know what to do with
truffles: <taub> not a fan of the booze>> why not?
taub: not a fan of the booze
truffles: who else is drinking today?
jurov: ic, i can create any options i want and sell to myself. all solved.
mircea_popescu: ok so then what's the problem
furuknap: Talk to you guys another day.
furuknap: I need to get to bed, I'm seeing wafer designs on the inside of my eyelids.
furuknap: If there was a forced buy-back... By whose authority would that happen? It would be according to Chinese law, I would presume. However, since the PT-holder don't hold shares, the buyback would be against the PT operator.
ThickAsThieves: my PT acts in kind with the underlying asset
furuknap: That's my point. I'm sure the buyer would want to know whether they could buy...
ThickAsThieves: I dont think AM shares have them either
furuknap: BTW, out of curiosity, if there came a tender offer on AM, how would the PTs handle that? Vote?
furuknap: Well, it's really moot. I'll have my models in a year too, and even longer :-)
ThickAsThieves: would take digging
furuknap: I know that has been said. I haven't been able to figure out how much.
ThickAsThieves: and add to them some weeks
ThickAsThieves: i dont think you are listening
furuknap: They wouldn't have to pay half that. People don't seem to realize that not paying dividends doesn't mean the money is burned in a forge.
ThickAsThieves: they just didnt this week
ThickAsThieves: and will retain in the future
furuknap: From pouring out as much dividend as possible. I'm not saying "No" to dividends, I'm saying a pile of cash in the hands of friedcat is better at ensuring sustainability than a ton of dimes in the hands of thousands of investors.
ThickAsThieves: surely they would not sell to a mathematician