934100+ entries in 0.661s
smickles: well, bitcoin might be a little risky for
that
thestringpuller: the case you are presenting me makes me want
to put all my money into bitcoin
smickles: and 'you' is
the rich people, prolly not really you
smickles: during
the dwonturn,
they don't want you
to save or invest,
they want you
to spend
smickles: they want you
to buy
them when all is good after
the downturn
smickles: well,
they don't want you
to buy
those bonds during a downturn
smickles: and if
the economy is doing really f-ing good, <5%
smickles: whereas, if you didn't inflate
the money, people would not spend as much or as fast, and
the downturn would get significantly worse
smickles: that way, people spend money faster, and eventually you get
thru
the downturn
smickles: basically,
the idea is
to inflate during economic downturns
smickles: oft cited example is
the depressions staved off by people mining gold while we were on
the gold standard
smickles: thestringpuller:
the current mainstream view is
that
the economic problems will be soothed by printing lots of money
thestringpuller: TIL
that
the guy who won
the 2011 nobel prize in economics
thinks
there should be 17
tillion in QE
jurov: anyone wants
to (re)invest
to MPOE bonds passthrough? 1 hour left.
smickles: but you wouldn't know
that unless i
told you, so it's still a good analogy
smickles: though, in
the case of actual fishing, it's been years since I haven't caught a fish within an hour of
trying
smickles: well, i bait my hook and put it out
there. if after a day of
trying, i still haven't caught anything, I go
to
the market instead.
KRS1: yeaaah..i was
thinking
that..idk
smickles: KRS1: have you
tried #bitcoin-otc?
KRS1: i have
to make up for some bad
trades a few weeks ago
KRS1: i want
to buy with cash/atm
thestringpuller: I have no
trouble with CampBx
then again I'm from Atlanta so I guess
they like
the local support of mah money
ThickAsThieves: the others didnt really cost me anything other
than frustration
ThickAsThieves: took 3 weeks
to deposit my btc, lost out on about a $3000USD price rise
KRS1: ah
this aint gonna work
KRS1: i used
to use dwolla/gox
KRS1: whats quickets/safest way
to buy btc with usd
Bugpowder: well, if
the current
trends hold, we will be above 200 in 2 weeks :)
gribble: BTCUSD
ticker | Best bid: 92.98999, Best ask: 92.99998, Bid-ask spread: 0.00999, Last
trade: 92.98999, 24 hour volume: 17963.33825555, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.51548
ThickAsThieves: possibly get another sell off before 100, with a
temporary 10% dip
ThickAsThieves: i
think we'll hover under 100 for a few days
then start rising again
gribble: BTCUSD
ticker | Best bid: 92.98999, Best ask: 93.00000, Bid-ask spread: 0.01001, Last
trade: 93.00000, 24 hour volume: 17860.78532294, 24 hour low: 91.00000, 24 hour high: 93.80000, 24 hour vwap: 92.51072
smickles: kakobrekla:
that was a funny ban
smickles: thestringpuller: basically, wikipedia is ok until you actually consider
the content
smickles: thestringpuller: it's wikipedia's claim
that
they hold a Neutral Point Of View
smickles: i'm offering some, but i don't have
the capital for mpoebot's volume
Bugpowder: nothing is stopping someone from pricing mid market. But nobody has
the capital
to match
the bot's volume
damientrog: so if I now make a bid lower
than
the ask price it will either be bought when somebody sells his options or
the bot lowers his price
smickles: for example, look at
the strikes, around 86
to 92
jurov: but so far nobody managed
to match mpoebot's volume
jurov: damientrog, you can write own options and sell
them at any proice you want
damientrog: or are options
traded amongst
the market as well?
smickles: thestringpuller:
that's so NPOV
damientrog: ah, so
the price is entirely decided by
the bot
Bugpowder: damientrog: You don't necessarily get a better return by buying early.
There is a
time * volatility premium built into
the mpoebot's pricing model,
that decays as expiration approaches.
Typically
the way you can get
the highest leverage and returns are when buying options just before expiration followed by a big move
thestringpuller: I love
this wiki page: On 16 March 2013, a bank run began in
the Republic of Cyprus after a proposed 'tax' was
to be imposed on 19th March 2013. 6.7% of all assets under .100,000 were
to be seized and 9.9% of all
those above. Many members of
the public decided
to remove
their money rather
than pay for an economic crisis
they had not caused.
smickles: unconfirmed
txns on
the network
smickles: wow, lowest i've seen
that in a while
smickles: nanotube: ah, so it's
the same
thing :)
jurov: what is
the difference, again?
smickles: nanotube: mpex uses
the whole market weighted average, not just gox
gribble: Error: Data not available. Available currencies are SLL, USD, AUD, CHF, SEK, RUB, CNY, JPY, XRP, BRL, ILS, GBP, NZD, SGD, PLN, EUR, DKK,
THB, HKD, CAD, and available
timeframes are 24h, 7d, 30d.
gribble: Error: Data not available. Available currencies are SLL, USD, AUD, CHF, SEK, RUB, CNY, JPY, XRP, BRL, ILS, GBP, NZD, SGD, PLN, EUR, DKK,
THB, HKD, CAD, and available
timeframes are 24h, 7d, 30d.
smickles: nanotube:
there's a problem with
that
gribble: (avgprc <currency> <timeframe>) -- Returns volume-weighted average price data from MtGox. <currency> is a
three-letter currency code, <timeframe> is
the
time window for
the average, and can be '24h', '7d', or '30d'.
gribble: (avgprc <currency> <timeframe>) -- Returns volume-weighted average price data from MtGox. <currency> is a
three-letter currency code, <timeframe> is
the
time window for
the average, and can be '24h', '7d', or '30d'.
damientrog: so you're betting on
the value of btc with btc,
the sooner you call or put on a value
the better deal you can make
smickles: damn, mpoebot is offering a 10% better price
than soebot
gribble: BTCUSD
ticker | Best bid: 92.30000, Best ask: 92.48298, Bid-ask spread: 0.18298, Last
trade: 92.30000, 24 hour volume: 18458.17378448, 24 hour low: 90.50000, 24 hour high: 93.80000, 24 hour vwap: 92.44477
damientrog: ah jurov, you're
the owner of coinbr, nice
to see
the owners here of
the exchanges, or fronts
thereof
smickles: I say 'spot', because mepx use
the weighted, all market 24h average
damientrog: ah
thanks guys, I want
to understand what just happend
to mc losing all
that fortune
smickles: it returns 'spot' - strike in btc, if
that is a positive amount
damientrog: so what are
the returns when
that happens?
smickles: the
time it expires is
the last second of
the last minute of
the day
damientrog: anyone care
to explain
the semantics of
these puts on USD or
tell me where I can find
the info?
smickles: nanotube: what happened
to bc,24hprc?
gribble: BTCUSD
ticker | Best bid: 92.30000, Best ask: 92.39999, Bid-ask spread: 0.09999, Last
trade: 92.30000, 24 hour volume: 18678.78024216, 24 hour low: 90.50000, 24 hour high: 93.80000, 24 hour vwap: 92.42069
jurov: i'm curious what kako says,
too
thestringpuller: 14:27 <Diablo-D3> because
this needs
to be said in channel and you're available =P
ChaangNoi: i dont knw how
to open
that link in a mac
ChaangNoi: im not kidding or
trolling, bug just pm me
ChaangNoi: it is
the only way
the cia can
track me
Bugpowder: This is a new month
though... and
the gox backlog is up
to 8500
thestringpuller: kakobrekla: Diablo-D3 is banned from channel and wants
to be let back in
Bugpowder: I would have made
that if I had put in my whole nut, rather
than 105