941500+ entries in 0.68s
mircea_popescu: because
they prefer
to promote people who put
the
time and effort in when it mattered, and already have years' experience recorded.
mircea_popescu: and i bet you in 2015
there will be idiots joining in a la
that estonian dood, all indignant
that
the powers
that be in bitcoin don't give
two shits for his second rate irl accomplishments
mircea_popescu: few people understand how
to play strategically. putting out
the cost
to register
today and expending
the effort
to
trade/think it
through will make you
the investment banker of
tomorrow.
mircea_popescu: ThickAsThieves i imagine it will become quite a revenue stream as
things develop
ThickAsThieves: what do you guys
think about an IPO consulting service
smickles: mircea_popescu: no pm yet on
that offer
to help rpietila short s.mpoe
jurov: i don't
think
that possible
jurov: lol would you be capable
to restrain yourself into satoshi's writing style?
mircea_popescu: "There is a realistic possibility
to me,
that S.MPOE is in fact not owned by many actual individuals, rather
than by few with multiple forum and bitcoin accounts. So please, consider my offer and be forewarned. I am just a messenger."
mircea_popescu: ThickAsThieves> i'm playing a drinking game, every
time
tiberius quotes a % with authority <<< lol
ThickAsThieves: also litecoinglobal.com if you wanna dabble in ltc
thru sdice, etc
unbalanced: Thanks for
the link, I
think I saw one from someone else
the other day
too but didn't get a chance
to follow it
that day.
unbalanced: Nothing against
the funds... I'd just like
to use all available options and buy at
the best price each
time.
unbalanced: Once I stop consistently doing
the wrong
thing at
the wrong
time I can begin
to scale up.
unbalanced: Thanks
ThickAsThieves, smickles - I didn't
think I was ready for
the full MPEX but maybe at some point I'll get serious with
this.
smickles: benkay: I've heard
that saying 'stable' or similar causes it
to crumble
gribble: There are currently 6959.0102 bitcoins demanded at or over 60.0 USD, worth 426621.296056 USD in
total. | Data vintage: 0.7264 seconds
gribble: There are currently 11411.366 bitcoins offered at or under 70.0 USD, worth 776280.483766 USD in
total. | Data vintage: 0.0026 seconds
benkay: stablized somewhat around 63? am I reading
this correctly?
smickles: you'd basically need
to strike deals with each individual
smickles: unbalanced_away: some of
the PT ops allow what is called 'in-kind exchange'
ThickAsThieves: you could arb if you owned shares in each location, or if you bought on mpex and
trasferred (in some bulk, minimums depends on who youre dealing with, as do fees)
unbalanced: going afk
to grab a bite but will swing back later
to check logs
unbalanced: Correct me if I'm wrong, I could only
txfr
the bitcoins around, not
the SDICE shares between passthroughs?
unbalanced: Not sure if arbitrage is
the right concept, but at least diversification.
unbalanced: Namworld, I see you run S.DICE-PT... currently lower
than Havelock's SDICE so I wonder could I arb
that? I only
trade on HI so far but I keep seeing SDICE lower on MPEX and elsewhere so I may need
to diversify.
jurov: and our fellow goat seems
to "wonder how shorting a stock on a guys own exchange would work" haha
ThickAsThieves: i
think
topace said he was
taking a break for
the weekend
gribble: There are currently 5618.6104 bitcoins demanded at or over 60.0 USD, worth 343256.721569 USD in
total. | Data vintage: 9.9809 seconds
gribble: There are currently 0 bitcoins offered at or under 60.0 USD, worth 0.0 USD in
total. | Data vintage: 0.0021 seconds
gribble: There are currently 9945.1213 bitcoins offered at or under 70.0 USD, worth 678561.252983 USD in
total. | Data vintage: 0.0025 seconds
gribble: BTCUSD
ticker | Best bid: 62.41109, Best ask: 62.88799, Bid-ask spread: 0.47690, Last
trade: 62.84941, 24 hour volume: 159222.47535996, 24 hour low: 52.34560, 24 hour high: 70.78800, 24 hour vwap: 63.16369
gribble: BTCUSD
ticker | Best bid: 61.10002, Best ask: 61.35000, Bid-ask spread: 0.24998, Last
trade: 61.10001, 24 hour volume: 165900.25850346, 24 hour low: 52.34560, 24 hour high: 70.78800, 24 hour vwap: 63.35623
Namworld: I still see
tiberius in
the room
Namworld: What happened
to
tiberius? Was muted by assbot?
jurov: at least not with clear conscience,
that is.
jurov: i couldn't be living off coinbr
then
jurov: and well, if indeed
the price falls back
to $5..
then i'll get a job, i guess :D
jurov: so
then i should be banned, no?
kakobrekla: you know,
to be here, you have
to be able
to grasp price of btc can go down, is all.
jurov: because i expect
that
the rest of my btc investment will make up for
that
jurov: no. but i can convert
to bitcoins in 2 days with seap
transfer
tiberiusiv: a secret one
that hes not
telling us about
awkorama: jurov: do you have a bitcoin
topped debit card or something ?
jurov: so you
talk so sure
tiberiusiv: anyone
that followed your advice over
the last 2-3 years has either starved
to death or forced
to
take losses for immediate consumption needs jurov.
jurov: yes, but i believe on average
this strategy will be successful
kakobrekla: look
tiberiusiv we understand you are butthurt but calm down, its simple math nothing new
to see here, move along
tiberiusiv: they have
to wait for
the price
to rebound in
time, of which
there is no guarantee
tiberiusiv: someone
that bought BTC on friday with
their entire paycheck, is now down 10%+
jurov: yes, i convert back from btc only
to pay for 2 weeks of groceries
jurov: so it's better
to convert
to btc outright
jurov: tiberiusiv, everyone gets paid
to bank acct here and
to get cash you have
to pay a fee
ThickAsThieves: if
the scales
tip from fiat
to btc, all
these dynamics would shift anyway
jurov: yes, you have
to get paid in cash
tiberiusiv: even
then you can cash it at 3rd parties
jurov: but
then ALL of your money is inaccessible, with btc you still have half
tiberiusiv: you dont need
to use
the bank for anything otherthen cashing a paycheck
tiberiusiv: jurov you have
the option of paper cash
jurov: when
the banks freeze, you starve
too
ThickAsThieves: tiberius i
think youre pretty smart but a lot of your arguments amount
to "no suh!"
tiberiusiv: YOU DONT HOLD BALANCES YOU NEED
TO SPEND IN BTC
jurov: then your saving would be hit,
too
jurov: when it was not
true? last
time in 2011
tiberiusiv: you had
to wait 2 years for
the rate
to recover from 2011
jurov: for
the rate
to recover
jurov: yes
that's
the risk. but
then one has usually only
to wait day or
two
jurov: then later i convert some back
to fiat at 45 EUR/BTC when i need groceries/etc.
jurov: look say i get 1000 euro paid. convert
them immediately
to 25BTC for 40 EURO/BTC
tiberiusiv: fiat also offers more guarantee of
the product
jurov: so you're suggesting
to forego eating etc. and save bitcoins instead?