log☇︎
972000+ entries in 0.703s
mjr__: but if you increase supply, but keep price the same...
maximian: it's totally destabilized now
mjr__: obviously the price will go back to prior levels
mjr__: and he set the price higher than the last offering
mjr__: he wants to raise more cash so he can take more bets
mjr__: his goal was to raise money
mjr__: and then compete with everyone else
maximian: all he had to do was set the next at market price
mjr__: you should be holding it for the ridiculous dividends
mjr__: how do they expand?
mjr__: why is that?
mjr__: so, is the consensus generally positive on the release of more shares?
Namworld: ok, well I'm off for real this time.
Namworld: Lending was a bad idea. Even if Amazingrando is in the US.
Diablo-D3: its short for if than else
Namworld: If I can get Amazingrando to pay back, that would be good news for DMC.
Diablo-D3: I did? wow. I wish someone would have told me.
Namworld: http://www.namworld.net/ is the url
ThickAsTh: yeah, being "into" bitcoin definitely crowds your time too
jurov: mjr__ okay, is uspected that. will discuss it with MP.
mjr__: it would be related in some way to the volume
Namworld: I might have too much stuff going on.
mjr__: so anyway, that;s all open interest is, but i don't know how to calculate it in this case
Namworld: I have one of those too, owned personally
Diablo-D3: EskimoBob_afk: none of them managed to derail the effort to bring BTC to $1000
jurov: it decreases the open interest
mjr__: so, as these are not "settled" ie. i haven't exercised he hasn't been assigned
Namworld: And as you might know Thick, I also run BTC-BOND & I am co-partner in BitVPS
mjr__: i sell an option...in order to do that someone has to buy it
mjr__: ie. how many options are currently out there
ThickAsTh: yeah, I actually saw it the moment erik posted them and pm'd Dead, but he didn't sign on for 2 or 3 hours
jurov: just add the volume for all options sold in this month?
jurov: or anyone else... how to make out open interest on mpex options?
Namworld: Eh, it's hard moving fast through a broker
jurov: mjr__: can you pls help me to wrap my head around https://bitcointalk.org/index.php?topic=118551.msg1504855#msg1504855 ?
ThickAsTh: haven't heard from Dead as to whether he was able to make trhe purchase for me in time...
ThickAsTh: i had to wait for BTC to clear to send to DeadTerra
ThickAsTh: yeah me too, I slept about 3 hrs
Namworld: With the S.DICE stuff I haven't slept all night.
ThickAsTh: Did you get a chance to nab new shares on S.DICE?
Namworld: As for me well... I'm out for today
Namworld: Most active around 8pm - 2 am Eastern Time I'd say
ThickAsTh: Hehe, indeed, I just wanted to make sure I was in the loop
Namworld: Not much happening at this time of the day however.
ThickAsTh: Hey thanks
Namworld: Hello thick
gigavps: you are in a community where the main topic is a new form of currency / bartering / trading
jurov: to borrow from mp "most everyone" doesn't have the cash
gigavps: Diablo-D3, "the bitcoin community just doesnt have the cash" is an absurd statement
Namworld: They travelled from hand to hand, to end up being gambled and lost on SatoshiDice
Diablo-D3: I imagine they've been lost
Diablo-D3: I dont even know where most of the coins are
Diablo-D3: gigavps: the problem is, the bitcoin community just doesnt have the cash
leotreasure: i'm going to ask a lawyer some questions re investing in S.DICE
gigavps: Diablo-D3, sound like you need to speak with a lawyer
gribble: BTCUSD ticker | Best bid: 20.60667, Best ask: 20.64899, Bid-ask spread: 0.04232, Last trade: 20.60667, 24 hour volume: 39228.27897107, 24 hour low: 19.85502, 24 hour high: 20.70000, 24 hour vwap: 20.32508
Diablo-D3: I dunno, I wonder how feasable it is to raise about 10 million dollars
jurov: so erik decided to drop the bomb when neither me nor mp is around
Diablo-D3: and maine needs this more than any of the other states
Diablo-D3: and before you ask why maine, because its a lot easier to talk the state into doing things when you actually pay taxes here
Diablo-D3: LLC registered in the state of maine, an actual office that isnt in my home, a lawyer, an accountant
Diablo-D3: gigavps: that actually is on the plan
gigavps: Diablo-D3, if you don't have a lawyer and a plan, that should tell you want to do, then.......
gigavps: well, i don't want to end up like nefario and GLBSE
StarenseN: it's also a marketing experience I think
gigavps: it's like nefario talking about how the authorities can't shut down glbse
gigavps: when you flaunt something like sdice around someone with meatspace power will take notice before long
Diablo-D3: so the sdice gravy train is over?
gigavps: cashing out could imply a couple things
StarenseN: bankers don't give garantee for this business imo
StarenseN: he can't maintain that on a long term
Namworld: It's perfect like that to him.
StarenseN: but for me, mp has to lower the fees
StarenseN: just to answer [13:24] <Diablo-D3> mpex is still a scam then
Diablo-D3: I dunno, Im not even sure if I want to do business with avalon
Namworld: If approved, that is
StarenseN: yes that's a scam
Namworld: I'll be doing passthroughs for these
Diablo-D3: yeah but that means the passthrough guy can just steal the shares
StarenseN: Diablo-D3 you can trade via a passthrough
Namworld: Just like I have from time to time =/
Namworld: They'll bite their fingers
Bugpowder: RELEASE THE SHARES!
Diablo-D3: mpex is still a scam then
Diablo-D3: fuck that.
Diablo-D3: does it still cost money to get an mpex account?
Bugpowder: now the 20K BTC wall is down at $21
Bugpowder: how fast did the first tranche go?
Namworld: Probably... there was tons of deposits
Namworld: Will they all get eaten up like that?
Bugpowder: the demand will be able to absorb these shares.
Bugpowder: I am ready for the next slice
Namworld: I really wonder what evoorhees will do for the next slices
Namworld: Hmm, some people have put up a part of the S.DICE back on sale in the 0.0069 range
Diablo-D3: mircea_popescu: yeah, but Ive never used mpex, I thought it was all pgp signed contracts and shit and didnt actually rely on the mpex servers that much
Namworld: Going to meetings is apparently bad for the price of assets =P
mircea_popescu: okay so, i've some meetings to go to right now but ill be back later
Bugpowder: any idea of the next price level?
Bugpowder: when is next s.dice tranche going off?
Diablo-D3: maybe I should just throw my money away and invest it in mpex and sdice