log☇︎
971300+ entries in 0.765s
mircea_popescu: truffles it's a false impression tho. all transactions large enough or out of fresh enugh inputs carry fee.
Ukyo: Namworld: hehe, having trouble coming up with fund fast enough? lol
truffles: cuz u can mine it for free and thats the impression i got
mircea_popescu: truffles why did you think that ?
mjr_: but wow those are high fees
mjr_: i gotta say i appreciate the service
Namworld: I thought evoorhees would have spaced slices more
mjr_: i used bitinstant today...
truffles: but these channels add all the terms ..
truffles: a few utubes kinda did esp the long super techy one (that i didnt get)
mircea_popescu: takes time.
truffles: i have a general idea of how this works but still clueless sigh
gribble: BTCUSD ticker | Best bid: 20.70104, Best ask: 20.71000, Bid-ask spread: 0.00896, Last trade: 20.71000, 24 hour volume: 28227.91403729, 24 hour low: 20.20000, 24 hour high: 20.86300, 24 hour vwap: 20.58707
truffles: oh and i was just about to leave that wouldve been bad
truffles: what goes on then
Bowjob: lless than an hour now
mjr_: i'm thinking of ordering dominos just to use coinsforpizza...
truffles: must be doing well if small peckers gets him action like that
mircea_popescu: actually that guy is kinda famous tho his name escapes me atm
mircea_popescu: haha nah, that's not me
truffles: it was u with the small pecker i knew it
truffles: i wonder if they knew theyd be on display hmm
Ukyo: btw, are you a pimp out there?
mjr_: i was just checking, cuz i don't want to just keep canceling if it makes you have to reenter orders
Ukyo: mircea_popescu: I could tell from the pic of you with the cane, and the girls with marks :P
mircea_popescu: the entire server stuff is just a front. they do it on abacuses
Ukyo: I pay them in chocolate.
Ukyo: indians ? pfft they cost too much
jurov: i've hired a small army of indians that compose orders and parse STAT responses
mjr_: sorry i didn't watch last time
mjr_: is that manual or automatic?
mjr_: jurov: approximately how fast do the orders make it to MPEX?
jurov: now you try to cover. but i know
mjr_: yeah, i saw the exercise option
mircea_popescu: when you get out of the chair and move around Ukto
jurov: make them expire
Ukyo: exercise? whats that? >,>
mircea_popescu: you can exercise them manually too
mjr_: and upon expiration, you just do a bitcoin settlement...is that automatic?
mjr_: but i was just checking, because i thought people were saying you needed collateral in all cases
mircea_popescu: mjr_ collateral to buy an option ? no, you don't you can't lose anything by buying one.
jurov: so far i'm doing creating by MKOPT/SPLIT manually on request, there wasn't much interest
jurov: it's needed only for creating them. that's different from buying
mjr_: do you need collateral to buy an option? or was that requirement just for selling them?
mjr_: that's the thing too, i really think that people have to see it as a tool, you can use cash anonymously in the real world, but you could also use cash in a very open way.
mircea_popescu: and i don't want to provide the momentum trading signal.
mircea_popescu: well, because everyone is already fully covered, so it's not a matter of evaluating cp risk that'd be helped
mircea_popescu: jurov it could but it doesn't want to.
mjr_: ninja turtles style lol
mircea_popescu: was kinda funny concept to me :D
jurov: mircea_popescu, can mpoe report open interest? i think it's just counting all extant options
mjr_: how would they deliver it?
mjr_: huh? on that site?
mircea_popescu: somebody was complaining to me that they can't buy anon
mjr_: to finally answer the "can i buy groceries with it" question
mjr_: i was thinking that the guy who created coinsforpizza should start something similar for freshdirect
mircea_popescu: and a lot of people have been putting in a lot of work, learning a lot in the process
mjr_: i think it will grow very nicely
mircea_popescu: still waffling on the subject.
mircea_popescu: but that aside, it IS starting to become a problem, so...
mircea_popescu: my primary goal is to build a btc finance space, and so there's all sorts of "broken" things like that deliberately to let people solve problems and grow an ecosystem
mircea_popescu: but i thought originally this "problem" (ie, no single stock stat) would allow a nice niche for a sort of s&p, moody, fitch equuivalent to fill and grow
jurov: oh and i just remembered the open interest request for options
rdponticelli: Well, I'm sure you'll come up with the best possible way ;)
jborkl_: They need to mispell customers as costumers to make the scan legit
mircea_popescu: that was the concept, back whenever, spring 2012.
mircea_popescu: people could push assets to it, it'd get a stat and push them back
mjr_: would it be a stat for mpoe (what is mpoe's bid ask last) or a stat for you, relating to mpoe (how many shares, avg price)
mircea_popescu: the original concept would be that somebody would be making a verify-only account
mircea_popescu: what utility to you see for it ?
mircea_popescu: it's been being discussed so to speak.
rdponticelli: mircea_popescu: Would it be possible, (and desirable from your pov) to include something like 'STAT|S.MPOE' to the exchange?
mircea_popescu: truffles the guy ? yeah.
truffles: that looks tiny
pigeons: pt poon tang
truffles: bf boyfriend to pt personal tanner?
Ukyo: BF has had a good intake the last 30days
Ukyo: going through one exchange, to PT to otherse
Ukyo: how funny would that be
Ukyo: was just laughing in amusment of the idea of listing BF on mpex, and then other exchanges doing a PT supporting it. LOL
Ukyo: terra has a bbet one that hasnt been enabled yet
mircea_popescu: lol pt to bf's listing on mpex ?
truffles: was gonna say no way theyre all legit
Ukyo: how many stars are there?
truffles: how many total exchanges?
thestringpuller: I'm glad my joke was well taken.
thestringpuller: mpex does offer more freedom than most exchanges
thestringpuller: like the willy wonka golden ticket? do i get to visit the mpex factory too?
mircea_popescu: well it's what it is, practically. whoever is owner has 50% + the voting share.
mircea_popescu: Bugpowder i have no idea. i think prolly not.
mircea_popescu: thestringpuller yeah. untill i sell the golden share i will.
mircea_popescu: well, these are points that will be argued for eons to come.
thestringpuller: my point though was that no matter how much common stock you issue
mircea_popescu: it's better to undersell it, that you can survive.
thestringpuller: FB will be the first.
mircea_popescu: problem is they made hot money, which will likely killthem
thestringpuller: he owns a separate type of stock that gives him 4x more voting power
thestringpuller: mark zukcerberg will always have majority control of the company
Bugpowder: Maximized The money
Bugpowder: Facebook is a textbook example of perfect IPO