log☇︎
942400+ entries in 0.697s
cads: mircea_popescu: if you do not wish to mention any details about it that is perfectly fine
cads: ah yes, optinos - the quantum unit of financial options.
cads: hey mircea, Namworld mentions that you run an automatic optinos trading bot. Would you mind attesting to the veracity of that fact?
cads: hah, a nice yet tractable jump to BTC :)
mircea_popescu: gah where's that pastie
cads: mircea_popescu, I think I must have seen your name around the BTC sites and community before today.
mircea_popescu: ah. right, you said school earlier, what school is that ?
mircea_popescu: what's the guy up to these days, you have him ?
cads: the correct answer is "I"m sorry, none of them have PhDs"
mircea_popescu: wasn't he dating the one on the lft ?
cads: famous photography. Titled "3 Graces"
mircea_popescu: i thought im the only one that still remembers that old codger
cads: mircea_popescu: okay, which of these 3 lovely MIT students do you choose: http://philip.greenspun.com/images/pcd2668/three-graces-straight-full-27
mircea_popescu: one great bubblebutt, two heads, 4 tits
mircea_popescu: lol the ogre girl of czech republic.
mircea_popescu: cajoled at the hyip
cads: both sprouting out of that gorgeous butt
cads: mircea_popescu: they look like conjoined sisters
tiberiusiv: cads none of that fits EU girls?
mircea_popescu: tiberiusiv just bad diet for the most part.
mircea_popescu: cads what school is that anyway ?
tiberiusiv: cads: US girls are too manly
cads: aka red neck capital of the world
mircea_popescu: from poland to georgia yeah.
cads: tiberiusiv: this is why I always thought it strange to find myself in georgia!
mircea_popescu: tiberiusiv amusingly, asicminer is using batch 2 chips to make up for blown batch 1 and avalon is using batch 2 money to pay for batch 1. it's like... all the same company.
tiberiusiv: cads: most romanians immigrate to canada
cads: mircea_popescu: are the american romanian girls just all the pretty girls from romania, or are the girls even prettier back home?
tiberiusiv: and hoping profits make up the shortfall
tiberiusiv: franktank: i thought avalon was using batch #2 money to pay for batch #1
mircea_popescu: tiberiusiv haha i'll have to ask i guess.
cads: mircea_popescu: thanks for linking me to the charter
tiberiusiv: mircea: so what do the girls say about a multi millionaire using 15 year old CRT monitors and staying in littered rooms?
gribble: BTCUSD ticker | Best bid: 68.10000, Best ask: 68.24000, Bid-ask spread: 0.14000, Last trade: 68.10000, 24 hour volume: 69191.85990614, 24 hour low: 65.00000, 24 hour high: 73.70000, 24 hour vwap: 70.19614
cads: if you think we don't have technogypsies you're wrong
tiberiusiv: well the gypsies cant get to it
mircea_popescu: MPOE has been trading btc/usd options since august 2011, there's published monthly reports etc.
mircea_popescu: that's the charter as it were
mircea_popescu: or you mean, the rage as to what's a good something to pretend you're doing these days ?
mircea_popescu: Franktank really, they do ? i've not seen a good start-up in months.
Namworld: I have a hard time believe R&D part.
Franktank: Startups appear to be the rage these days
Franktank: Just saw it recently, they appear to be banking their initial revenue on incoming Avalon units (batches 2 and 3) and R&D on an ASIC chip
mircea_popescu: tho what he stated was "the current state of the art". well... the current state of the art is 356`139 option contracts traded this month.
Franktank: Has anyone heard about the new AMC IPO on BitFunder? Curious on other folks thoughts
Namworld: He wants to know how to valuate options tho... not an easy thing to answer
mircea_popescu: there's been ~2mn notional traded this month, should count for something.
cads: sounds cool, thanks Namworld
Namworld: and not going to be disclosed.
Namworld: hmm... perhaps you could ask mircea. MPEx's bot happens to put bids and asks on options traded at the exchange. I am unsure how it is done.
cads: well, for example, the Black-Scholes formula tries to give a price for European-style options.
cads: hrm, I should make it clear that I want to design valuation methods for BTC options
Namworld: I can't really see much more that what's already available.
Namworld: Well there's already plenty of options for BTC
cads: and to discover what my best next action should be
cads: mostly I'd like to hear ideas about how the design of BTC currency Options will likely proceed
Namworld: Could you give some more details about what you'd like to know exactly?
cads: I think it may be difficult to do this absent a risk free interest rate, but I'd love to hear someone's enlightened thoughts on that
cads: but I'm actually pretty ignorant about the topic and would love to talk to someone that could help me sketch out the expected phases if a research project intending to produce option valuation model
cads: I have a couple professors as school which I am prepared to bug about how we may build options valuation on top of BTC options
cads: hey guys, I'd like to learn about the leading thinkers in the BTC assets realm, and learn about the current state of the art
Namworld: (clarification notes: I'm getting tired of the price going wild)
Namworld: then on month 3, 0.01 per BTC, the month after 666 per BTC
Namworld: I wonder where it would actually be if we calculated the exponential curve's formula and determined the expected price in 2 months based on that...
Namworld: next month 1000, two month from then, 1 000 000
gribble: BTCUSD ticker | Best bid: 68.54301, Best ask: 68.99999, Bid-ask spread: 0.45698, Last trade: 68.99999, 24 hour volume: 68403.53313381, 24 hour low: 65.00000, 24 hour high: 73.74998, 24 hour vwap: 70.35406
Namworld: About the AMC thing, I like the name on the invoice for their ASIC miners.
jurov: so, goodnight then
benkay: today we test in production
benkay: but in the grand tradition of bitcoin-assets
ThickAsThieves: the whole thing is chilling
mircea_popescu: actually i got that sent to me :D
benkay: same as the old kind.
benkay: and mircea_popescu spends his time browsing prole food review sites
benkay: all the money in the world
ThickAsThieves: he can add it his ATF then
jurov: hope he won't be angry that referral credits will mess with his neat accounting :)
ThickAsThieves: yeah you can do that
ThickAsThieves: i'll give it to Deprived
jurov: better to lurk till someone comes and asks
jurov: wish you good luck but i think it doesn't work that way xD
jurov: ThickAsThieves i'm here.. thanks to psu failure
ThickAsThieves: jurov are you there?
gribble: BTCUSD ticker | Best bid: 69.12739, Best ask: 69.48999, Bid-ask spread: 0.36260, Last trade: 69.12740, 24 hour volume: 71874.62529399, 24 hour low: 65.00000, 24 hour high: 73.74999, 24 hour vwap: 70.57386
benkay: given the state of the crap that is otc
tiberiusiv: mircea: romania needs to be added to that list
mircea_popescu: why the butthurt ?
mircea_popescu: "For this type of service (and most others) #bitcoin-otc is old and completely irrelevant."
mircea_popescu: + they have experience
benkay: they bring a new level of professionalism to executing your movements
mircea_popescu: unlike the common toilets, these are really executive
benkay: "I have people for that"
mircea_popescu: you know they have "Executive toilets" in the states now ?
mircea_popescu: ahh, the executive.
mircea_popescu: "a good deal is rarely time sensitive." that's plain untrue.
mircea_popescu: don't trust anyone from Florida
mircea_popescu: don't trust anyone from Argentina or Brazil; or Russia or Ukraine, etc.
jurov: AMC CEO/CTO, Kenneth(Ken) E. Slaughter - that's true name?
mircea_popescu: now im gonna have to call my berber connection, kidnam moar circassian chix
mircea_popescu: Mar 22 19:44:50 <benkay> 99% of the time you're serious