963200+ entries in 0.663s
mircea_popescu: i'll get rid of it one of
these days, but what's
the hurry.
mircea_popescu: i kept it on
the books
there for months,
then eventually when we were preparing
to launch bitbet i moved it
to k.kbrl
mircea_popescu: Namworld it was originally, believe it or not, preparing for a bitbond listing (amazingrando's
thing)
Namworld: K.KBRL seems like Ka.KoBRekLa,
the manager of
this channel.
Bugpowder: That was
the 10k shorted
then rebought.
Bugpowder: [15:40] <Namworld> but 70k puts bought at 33-35...
these are worth almost nothing by now.
Those were last month right?
Namworld: Well expect
to repeat every few years I guess.
mircea_popescu: i
totally can't believe i had
to do
this once a month ffs.
mircea_popescu: the bot is going
to quote under supervision for
the next hour or so,
trades may be reverted.
mircea_popescu: the even values will be exercised normally after which
they will no longer be offered.
jborkl: mp, I have imported and signed
the new key- It will not work until
the 10th, correct
Namworld: just like calls might have been executed early
to
take profit. It's hard
to evaluate.
Namworld: might have been exercised at some point between
then and now.
Namworld: but 70k puts bought at 33-35...
these are worth almost nothing by now.
mjr__: it would
take a million and a half
to move it
to 28 i
think
Namworld: I can make
that person believe
the price is currently 0.30 USD/BTC and he should stop loss...
Namworld: Unless someone drops 500k BTC on
the market RIGHT NOW
Namworld: oh yeah... apparently I chose
the wrong
time for
those options
Bugpowder: lyspooner:
there hasn't been
that much volume
this moth
lyspooner: why are
the next months' volumes so low? usually by
this
time
there's some open interest worth
talking about
Bugpowder: If it gets
to 40,
then maybe add some more
gribble: BTCUSD
ticker | Best bid: 30.53481, Best ask: 30.61690, Bid-ask spread: 0.08209, Last
trade: 30.82357, 24 hour volume: 63933.39569825, 24 hour low: 29.67001, 24 hour high: 31.30000, 24 hour vwap: 30.39600
Bugpowder: rp44
There is massive and increasing risk of retracement
today
rp44: any perceived risk for a retracement
today? seems like
there is still accelerating buying at
the exchanges.
mod6: well, i
think since we owe
them, and basically we buy all
their shit, is
that not economic conquring?
Bugpowder: BTW your analogy about china conquering
the US reflects more upon
the folly of inference from archeological scraps
that on
the reality of
the current power structure.
mod6: i've read a lot of russian lit, and someday if
things are ever better in
this world, I'd like
to visit.
mircea_popescu: "because
the engineer changed
the engine for a bottle of vodka.
mircea_popescu: buncha people inside a
train car stopped in
the middle of nowhere.
they ask
the conductor why aren't
they moving ?
mod6: Each half-liter bottle of vodka was exchanged for
ten liters of gasoline, giving vodka far greater effective energy density
than rocket fuel.
mod6: jurov:
thanks for
that link
gribble: BTCUSD
ticker | Best bid: 30.80001, Best ask: 30.88023, Bid-ask spread: 0.08022, Last
trade: 30.80001, 24 hour volume: 61512.77047919, 24 hour low: 29.67001, 24 hour high: 31.30000, 24 hour vwap: 30.38853
Bowjob: Can we stop
the madness
jurov: and germany won
the WWII
Bugpowder: In 1986 everyone
thought Japan owned
the US and soon
the world
mircea_popescu: if we were archeologists we'd look at
the items we find and say yes it was.
TomServo: with USD being
the reserve currency
TomServo: mircea_popescu: correct I'm just speculating - it just seems like common sense
though.
mircea_popescu: Bugpowder i don't see why you
think
those
two are categorically distinct. seems
the same
thing
to me.
mircea_popescu: TomServo
this is a
theory. we have no actual history
to back it yet.
Bugpowder: vs internal collapse due
to debt/corruption
TomServo: mircea_popescu: so america collapsing isn't going
to just affect america
Bugpowder: How many of
these collapses were due
to outside influence 'changing
the game'
mircea_popescu: Bugpowder some of
the best surviving roman architecture is from right before and right after collapse.
Bugpowder: Like,
the metro
to Santa Monica is almost complete and
there are some really nice parks being built.
mircea_popescu: i am pretty sure
the correct model for understanding
them is financial crisis.
TomServo: mircea_popescu: well,
the roman collapse didn't affect anything going on in america at
the
time.
Bugpowder: I would
think
that
the collapse would be more obvious ahead of
time.
Bugpowder: BUT...
the probability
that in any given generation a collapse will occur rather
than a muddling
through is pretty low
TomServo: All good examples. I guess
the difference
this
time being
the 'shrinking' of
the globe?
mircea_popescu: the hittite empire collapsed completely.
the hellenistic empire (larger
than any other, incidentally) did likewise
mircea_popescu: napoelon's france collapsed, royal france collapsed before
that
mircea_popescu: the old south collapsed as such after
the civil war.
the british empire did
the same.
mircea_popescu: TomServo
the obvious one is
the fall of
the roman empire.
gribble: BTCUSD
ticker | Best bid: 30.25000, Best ask: 30.66940, Bid-ask spread: 0.41940, Last
trade: 30.25000, 24 hour volume: 61491.24221722, 24 hour low: 29.67001, 24 hour high: 31.30000, 24 hour vwap: 30.38573
mircea_popescu: in catastrophic situations knowing
the right people is most valuable.
mircea_popescu: jurov now you know why
the secret service people ended up entrepreneurs
jurov: by
the way, you'll come around some
tokens,
too
jurov: i don't believe in some value
tokens so much. i
think rather having web of out-of-box
thinking people is
the key
to survival.
mircea_popescu: the
thing is
tho, human society does collapse periodically.
Bugpowder: instead of sacrificing people
to
the volcano
mircea_popescu: it was discussed in
the same
terms and with
the same motivs in like 1400
Bugpowder: The society collapse narrative is really driven by people
that want
to sell you gold, guns and ammo.
mircea_popescu: eat your girlfriends and fuck your wine for
that's all you
take with you!
mod6: ok i gotta get some
thing
to eat.
mod6: hhaha, even if you are and your portfolio is worth 100bn, you won't be able
to buy 6 eggs with
that.
Bugpowder: Are we
talking about global debt crisis or bitcoin prices, BTW?
mod6: but when
the music stops, I hope you're not long.
Bugpowder: yes but
there are many ways it could play out
mod6: all ponzi schemes do come
to an end
though...
Bugpowder: while you guys are all stressing about
the end of
the system. I'm going ride it up again.
mod6: Maybe I'm way off and
this comedy will continue for 50 years...