928300+ entries in 0.652s
MJR__: but can't be
tied
to
transaction
MJR__: mircea_popescu: have
to research more
MJR__: mircea_popescu: anonymous on
tor network with BTC
mircea_popescu: and
then
two years down
the road be served with
tax fraud, money laundering and rico conspiracy
MJR__: not even in
the same arena of finance...
MJR__: escrow
the
transaction
MJR__: ACAT it
to another account I guess
mircea_popescu: yet i am going
to send valuable btc
to some anon noob.
mircea_popescu: so i can currently
take a fiart position in any stock, fund, whatever, by calling my browser.
MJR__: torbroker is saying want
to sell your aapl stock for BTC? we can arrange a place for buyers and sellers
to meet
MJR__: whether
that was a private
thing, who can now
MJR__: that guy did not request
transfer of bitcoin in public
MJR__: ah ok
thanks jurov
jurov: i don't say
they are actually usable or not,
tho
jurov: MJR__
the second order derivative of btc volatility does exist
MJR__: mircea_popescu: are we
talking about
the same
thing?
mircea_popescu: how is it completely different. it works on
the premise "i'm nobody give me dough".
taub: yea and you have
that daytrading limit right
taub: depends where you live I guess, for example i
think spread betting is still
tax free in
the uk
MJR__: cutting off access
to some
MJR__: well...lots of regulation on
the stock market
taub: seems uselss except for
tax evasion
Bugpowder: The best 'sounding board' for bitcoin investments is
this channel…
MJR__: problem is, SR can deliver physically, not sure it
TB can
MJR__: it's a brokerage account/ exchange with accounts in BTC allowing you
to buy US equities
MJR__: anyway,
tor broker is completely different
MJR__: not actually requesting
transfer
taub: i'm sure he'll manage
the coins, he just wont send
them back
MJR__: my main issue is
that it is not "holdable", in
that you must rely on govt
to back up your property rights, while flaunting
their regulation
gribble: There are currently 1059.539 bitcoins offered at or under 160.0 USD, worth 168977.500895 USD in
total. | Data vintage: 14.9814 seconds
gribble: There are currently 347.35852 bitcoins demanded at or over 158.0 USD, worth 54924.5144862 USD in
total. | Data vintage: 0.0049 seconds
thestringpuller: second we hit 1k
the world's billionaires will enter
the game
MJR__: very,
that's one of my fave
things about it
taub: btc brings
the finance geeks
together
MJR__: I
think bitcoin is so volatile,
that you could have a second order derivative of its volatility (fun)
thestringpuller: then put
that into b-s formula and out pops a volatility greek
thestringpuller: you
take a duration like 10m or 1h or 7d and do high - low
taub: historical as well as
trying
to predict it
MJR__: that can also be based on what numbers
they pick for expected volatility
taub: but where
they get
that volatility from :)
MJR__: taub:
they price volatility into it in black scholes
MJR__: but in BTC way
too expensive
thestringpuller: for every call you own you get 100% additional leverage as
the peice rises
taub: yea,
they provide leverage, and
there are advanced option strategies like making money as long as price moves somewhere (up or down)
MJR__: short straddle means I want price
to stay steady
MJR__: saulimus:
they are derivatives, more risky greater possible returns
saulimus: I know nothing of options, but are
they
that much more profitable
than simply buying/selling USD/BTC directly?
MJR__: just don't like
tying up
the capital
thestringpuller: timing
the market is bad which is why writing options at
the beginning of
the month hedges if
the price is stable
MJR__: due
to $75 strike limit
MJR__: also I couldn't get options far enough out of
the money
thestringpuller: i
think
that made 250% but only because it was so close
to expiration
MJR__: month before I had calls in
the 20's I
think?
MJR__: I like
to leave bids out for calls at a price I
think makes sense, get filled cuz of volatility
MJR__: well, I
think I got 41 calls, not sure when, but I exercised at 71
thestringpuller: taub:
the best startegy is
to write options at
the beginning of
the month
that are safe,
then at
the end of
the month buy options if
there is a big move
MJR__: im saying but and hold is a great way
to preserve and grow wealth
taub: i
think he was being saracstic (i hope)
taub: so you mean
that would be
the best buy and hold strategy
MJR__: S&P, Dow, etc all
time highs
MJR__: taub: it would have performed
the best so far...
MJR__: mircea_popescu: what do you
think of
torbroker?
taub: thats maybe a very safe startegy, but not one with
terrific returns
gribble: There are currently 11.335636 bitcoins demanded at or over 157.0 USD, worth 1787.4288674 USD in
total. | Data vintage: 98.0251 seconds
gribble: There are currently 1192.4376 bitcoins demanded at or over 155.0 USD, worth 185610.325603 USD in
total. | Data vintage: 93.2826 seconds
gribble: There are currently 1497.9519 bitcoins offered at or under 160.0 USD, worth 238716.812309 USD in
total. | Data vintage: 81.7698 seconds
gribble: BTCUSD
ticker | Best bid: 158.33300, Best ask: 158.99990, Bid-ask spread: 0.66690, Last
trade: 158.99990, 24 hour volume: 37140.60115126, 24 hour low: 142.01000, 24 hour high: 159.00000, 24 hour vwap: 148.49438
MJR__: the best strategy so far in
the stock market, over almost any 20 year period, would be broad based index fund, but and hold
taub: but you can certainly see areas where you don't want
to buy anymore
taub: deadweasel> cant pick
tops/bottoms, onlu guesses, agreed
MJR__: then again, I've
told you my med
term
target $2700
MJR__: is
this
the most efficient method for global finance...yes as of right now, what should
that be worth? more
than it currently is = buy
taub: i still get a feel for
the "buzz" in irc, but it's usually just buzzing back what prices are showing already anyway
saulimus: MJR_, it can be used for
timing