log☇︎
937300+ entries in 0.689s
ThickAsThieves: since i have yet to excercise an option i think i need clarification
mircea_popescu: it's not very likely to be added, no. option underwriting is a business, not a casual endeavour.
pizzaman1337: could you add that sometime in the future? I now have BTC tied up that I was hoping would be free
mircea_popescu: there's not a way to get collateral back before end of month atm, no.
pizzaman1337: mircea_popescu: is it possible to make options, sell them, later buy them back, and have the BTC freed up to use for something else? I don't see why it needs to be kept
mircea_popescu: i think the 2x thing refers to his entire history.
taub: I mean in that one big trade today
mircea_popescu: he's been trading for maybe half a year or so
taub: sux that he left
taub: and what was the risk?
taub: 23:32 < Bugpowder> see, I'm not doing that good in terms of total BTC multiplied
taub: Please take under consideration that their site is much more older then BitBillions and the fact that number of shares, meaning fund's popularity, is an important factor in shares future performance.
Ukto: happy to be mentioned
mircea_popescu: look Ukto, scammer has proof he's better than you https://bitcointalk.org/index.php?topic=154089.msg1658772#msg1658772
Bowjob: i like it though. the food was like.. "Want to eat me? You have to fight for it first."
taub: dont be surprised to se a $3 jump
taub: after this range
gribble: There are currently 1998.9507 bitcoins offered at or under 90.0 USD, worth 179742.368423 USD in total. | Data vintage: 0.0018 seconds
mircea_popescu: why write it then
kakobrekla: bitcoinity say all time high 89.5
mircea_popescu: damientrog it had some crazy months so people came to expect it i guess
damientrog: well the yield is already quite high
mircea_popescu: anyone here want to make an open-source bitcoin gambling platform ?
mircea_popescu: https://bitcointalk.org/index.php?topic=159734.0 < this guy has an interesting idea.
mircea_popescu: damientrog possibly cause this will be a low div month
assbot: You know, I've had it up to here with this Indian malarkey.
taub: whats the time the bot creates new batches of options?
taub: there are lots of futures contracts that are settled in cash
thestrin1puller: smickles: thanks mang! greatly appreciated
taub: at the end one pays the difference to the other over the settlement price
taub: i still think you could add cash settlement futures
jurov: errr... i mixed that up. for teleportation, ass is used
KRS1: thats totally true..i've found myself comming and going quite a bit in vag
jurov: also, vag very useful for teleportation
mircea_popescu: i mean two bars.
mircea_popescu: i stick them in a girl's vagina, end up with two girls.
Bugpowder: see, I'm not doing that good in terms of total BTC multiplied
mircea_popescu: we'll call it the B number.
mircea_popescu: Bugpowder pretty soon you'll need a totally new log base invented just for you
Diablo-D3: see, this is why I want to provide a nice big investment opportunity to bitcoin
mircea_popescu: this is why we don't motherfucking want polite people, this is what we don't want sfw and this is why we don't want governments.
Bugpowder: smaller than pirate
mircea_popescu: jesus god. it ran for two years and yes, billion usd.
mircea_popescu: It attracted millions of depositors from all over the country who invested more than a trillion old lei (between one and five billion USD) before it finally went bankrupt on 14 August 1994
dub: if Gates or Jobs followed those rules they would be in the gutter
thestrin1puller: smickles: will you be able to get the account statement stuff in a bit?
Bugpowder: bitcoin just didn't seem like it would have the market cap to make it worth it, until the last 2-3 months
dub: thats terrible advice for business
deadweasel: and I swear I never thought I'd say that
Bugpowder: I'm on a track baby
mircea_popescu: make sure you don't break any laws, don't lie to anybody, and fucking do something useful with your time
Bugpowder: would need to be full time
jurov: <noooob> i dont understand why Satoshi made the weakness of 50% atack.. it would feel better if the threshold was at 80-90%
ThickAsThieves: no they are trade-ins
deadweasel: just pitch the dead ones out the window
Bugpowder: I think it would be easier to fund a lab with bitcoin investments than to get NIH grant money
mircea_popescu: NOT whoever talks loudest
mircea_popescu: but understand your boss is whoever is cutting the checks.
mircea_popescu: listen to your boss.
mircea_popescu: moral of the story is :
mircea_popescu: they paid all through friday night.
mircea_popescu: he would have been paid too
mircea_popescu: he went to his boss at where he worked to get an coupla hours off before lunch to get his loot.
mircea_popescu: one friday he was scheduled to go pick up his huge loot. i mean packets of loot.
mircea_popescu: now this one guy, a carpenter, he got in early and let it ride.
mircea_popescu: this is the backdrop.
mircea_popescu: it took over the motherfucking country.
mircea_popescu: so, a year after the revolution someone started a ponzi.
mircea_popescu: pretty much communist stuff, this is how it ends up. people just sheeple around, govt provides, everyone's clueless like a 16 yo priss.
taub: maybe they have better things to do than hunt kids with drugs
mircea_popescu: let that sink in for a minute, half the arab doctors schooled in cluj, cops have no idea what pot is.
mircea_popescu: and i do mean this. of a 50k strong police force you couldn't find ten cops who knew what pot smelled like.
deadweasel: bug, you should do start that EBAY killer, then you can remove mouse cerebellums
mircea_popescu: so, romania is a fucking backwater. the people here were mentally retarded as recently as 20 years ago.
mircea_popescu: Bugpowder let me tell you a story.
Bugpowder: If I don't land this job
mircea_popescu: Bugpowder should stop dicking around and start a 500mn dolla fund to invest in bitcoin crap.
Bugpowder: the trade is not over yet
Bugpowder: I'd like to thank the people that made this day possible
taub: nice trade
thestrin1puller: Bugpowder is rich! congrats to him
mircea_popescu: you people need to stop making money off the fake mpex volume and shit.
gribble: There are currently 1684.1113 bitcoins offered at or under 89.94 USD, worth 150483.030546 USD in total. | Data vintage: 0.0017 seconds
deadweasel: so that means you made .049 for each option you purchased?
mircea_popescu: haha did you turn a profit ?
taub: where will it break out to?!
gribble: BTCUSD ticker | Best bid: 88.00642, Best ask: 88.48999, Bid-ask spread: 0.48357, Last trade: 88.49000, 24 hour volume: 70736.16864776, 24 hour low: 78.02000, 24 hour high: 89.24500, 24 hour vwap: 84.54575
mircea_popescu: you would have been better off to quit your country.
taub: i quit bitcoin for 2 years after i found out THE LAW wouldn't let me run my fiat exchange
mircea_popescu: this was the problem with so-called futures like the icbit ones, have you seen that article back then ?
mircea_popescu: taub what happens if at settlement time "gold is worth 1200 usd" ?
mircea_popescu: im trying to create sense.
mircea_popescu: and i don't want to introduce more garbage in bitcoin finance, idiots do enough fo that.
mircea_popescu: price is wide open to manipulation.
taub: like this
mircea_popescu: pizzaman1337 the problem is that if the buyer of the underlying future does not have the "i'll take delivery" recourse
mircea_popescu: but if you know someone who can do the delivery part i'd list it.
mircea_popescu: taub the thing is i don't like making futures which don;t include delivery. in my eyes unsettled future pretty much = scam.
taub: just one instrument and easier to see the price directly
mircea_popescu: taub what function would it serve that options don't cover ?