934500+ entries in 0.7s
mircea_popescu: kakobrekla o
totally forgot. how's
the clay business i wonder
kakobrekla: well you can invest in eskimo bobs ART and
thats about it
toffoo: and
therefore market prices are following
toffoo: which will cause it's difficulty
to start rising,
toffoo: the feeling is
that a lot of
the GPU mining farms will drop out and start mining litecoin,
toffoo: and now with ASICs moving
that
to
the moon,
toffoo: i've always followed pretty closely
the effect of difficulty on bitcoin prices,
toffoo: well, my investment
thesis is something like
the following:
ThickAsThieves: all in all I'd have been better off not dabbling in LTC at all, other
than
that it introduced me
to Deprived, who's pretty interesting
toffoo: but
this month it has gotten my attention
toffoo: i'd managed
to ignore it all all other *coins until now,
gribble: There are currently 3311.6116 bitcoins offered at or under 93.0 USD, worth 306592.030934 USD in
total. | Data vintage: 33.4255 seconds
gribble: There are currently 11822.091 bitcoins offered at or under 96.0 USD, worth 1113104.50621 USD in
total. | Data vintage: 21.2181 seconds
gribble: There are currently 6698.9219 bitcoins demanded at or over 88.0 USD, worth 596157.374234 USD in
total. | Data vintage: 5.3952 seconds
toffoo: looks like maybe litecoin is
the one
that's rockin
to new highs
these days
gribble: There are currently 16264.821 bitcoins demanded at or over 85.0 USD, worth 1422076.42737 USD in
total. | Data vintage: 0.0064 seconds
toffoo: gotta wait for
the snail banks
to open again
to get more fresh buying funds into
the market
toffoo: prolly not going
to be over easter holiday weekend
gribble: BTCUSD
ticker | Best bid: 90.80001, Best ask: 90.98999, Bid-ask spread: 0.18998, Last
trade: 90.98999, 24 hour volume: 49893.62640319, 24 hour low: 85.50000, 24 hour high: 94.98000, 24 hour vwap: 90.70184
mircea_popescu: (the exact way is left as an exercise
to
the user, seeing how depending on how you do it you get diff results)
KRS1: these are all good indicators i
think
KRS1: How do you get
that figure mircea popescu
ThickAsThieves: alternative idea for channel bannings: offer ignore bounties, pay .001
to anyone
that ignored
the desired person, if you are caught responding
to
that
troll you pay .1 penalty, profits go
to assbot dev
KRS1: so
this is a good case of deflation
KRS1: maybe i dont understand
the context..but..
KRS1: I
thought BTC wont go
through deflation period until almost mined up
jurov: something like
tinfoil hats, just for stupidity?
mircea_popescu: why can't he participate in
the chan like normal human beings.
thestrin1puller: mircea_popescu: it seems you win again ;) I would say, all and all for a month
that is a beating, you have come out relatively unscathed...
brianethier_: With a lot of headecks, we managed
to put
together another site from wich you can buy Amazon Gift Cards with Bitcoins. You no longer need an account, it’s much simpler
to use now. We received a lot of complaints
that user accounts are not necessary so we removed
them. We are still a bit rugged, but donations are open so you can donate (if you want
to) so we can improve
the site.
The new site is at:
http://amazonbitco jurov: slovenia
to sunk into adriatic, austrians want some coastline :D
mircea_popescu: kakobrekla what's it like
there ? i can't make sense of all
the bs i'm reading.
mircea_popescu: i guess btc is still very much a contrarian market. whatever
the public consensus is, it's prolly wrong.
jurov: but won't dare
to repeat it
jurov: and indeed nothing happened
then
mircea_popescu: it's moot practically as
they're not listed, but since we're discussing
theory.
mircea_popescu: so maybe
the best play is a weighted binary portofolio, bonds and mtgox shares
mircea_popescu: thestrin1puller
thinking more about your question : it would seem
to me
there is some relation here:
jurov: tiberiusiv, you forget
there's someone who actually sees your portfolio and call you on your BS
bitesak: I have been saying
that for sometime in Switzerland :)
mircea_popescu: actually...
this is interesting. from a purely fiat perspective mpoe bonds may be one of
the best btc-investments you can make.
mircea_popescu: jurov
that is a point, in fiat
terms
the bondholders made money :D
mircea_popescu: to hedge you would need
things which for good reason move in opposing directions.
mircea_popescu: bitesak lol considering
the state of finances everywhere in europe vs romania...
that's not quite so far off.
jurov: thestrin1puller hedge
them by buying options :D
jurov: MPOE is
the options
trades, MPEx is
the exchange
benkay: ooh. what's
the difference between MPOE and MPEx?
bitesak: Roumania is
taking Europe over__
gribble: BTCUSD
ticker | Best bid: 90.49001, Best ask: 90.50000, Bid-ask spread: 0.00999, Last
trade: 90.50000, 24 hour volume: 51005.98011536, 24 hour low: 85.50000, 24 hour high: 94.98000, 24 hour vwap: 90.64316
mircea_popescu: now "people" are confronted with
the rude awakening of reality. kinda bound
to be a little
thrashing about.
mircea_popescu: "people" have been busily ignoring it for
the past year or
two
mircea_popescu: thestrin1puller ya well,
the
thing is
this : mpoe and mpex are VERY complex, well
thought out intricately designed gems.
thestrin1puller: mircea_popescu you make a bunch of people rich
this month, and people still complain...
benkay: then, how many months of 15kbtc losses can
the exchange sustain?
mircea_popescu: it's a romanian-based llc (srl in romanian)
that i own ~99% of
jurov: thestrin1puller i
told ya, he knows everything
thestrin1puller: mircea_popescu: it seems
tiberiusiv knows your financials because
they are all public
mircea_popescu: thestrin1puller no. i paid
twennyfive dollars for a girls pair of stockings out of pocket yesterday.
thestrin1puller: mircea_popescu: are ALL your financials public knowledge? lets clear
this up
jurov: tiberiusiv:
there's mircea's private activities like MPHF
benkay: what sheet,
tiberiusiv?
thestrin1puller: that's not up
to mircea_popescu it's up
to his bondholders
thestrin1puller: insurance companies also have reserves
they invest
to hedge
that risk...
jurov: tiberiusiv:
those who profited by buying calls see
the credibility soar :)
thestrin1puller: I know
they are,
this month
they are, just like an insurance company loses money during a natural disaster...
thestrin1puller: Up until
this month MPOE bonds were profitable long
term (all profits + all losses > 0)
jurov: thestrin1puller: he knows everything, no need
to explain anything
to him. and ofc,
thars NO LIQUIDITY
thestrin1puller: tiberiusiv: option writers make
the most money when
there is no volatility in
the underlying security
jurov: he;'ll benefit
tesla motors
thestrin1puller: Maybe he'll start a company
to benefit bitcoin (yay optimism LOL)