log☇︎
986000+ entries in 0.787s
mircea_popescu: i silently insure them atm
mircea_popescu: ya but you're not forced to account in btc terms
Bugpowder: shouldnt' that be 6-8000
Bugpowder: "MtGox’s estimated gross monthly revenue of 3-4`000 BTC stands up some months to S.MPOE’s."
jurov: smickles, that was Q for me? i was only half-serious, don't intend such loans atm. but we'll see
Bugpowder: in BTC terms
Bugpowder: hence if current -> 0, puts go to infinity
Bugpowder: arent the puts valued at (strike-current)/current
smickles: wouldn't it make sense for lenders to build upon it somehow?
mircea_popescu: Bugpowder the needed capital is equal to the bot's maximal exposure during the month
mircea_popescu: but anyway, more in general about mpbor : it's kinda intended as this hook for people to build stuff on. i dunno exactly what they'd build,
Bugpowder: and as the bids fill on the bot, more capital is accepted?
mircea_popescu: each month all bonds are sorted by their interest rate like in a normal auction
smickles: jurov: you should do the rate based on what mpbor returns less the principal return
mircea_popescu: Bugpowder all deposits over 100 btc are accepted. they only count towards a month's capital needs if they make the cut
jurov: but if it's really going to get 25%.. that will be tough
mircea_popescu: but do it anyway, gives the kids a chance to learn
mircea_popescu: smickles they can for their own account funding, but not for bonds
mircea_popescu: and yes, all bond deposits go to the bond address so people can see what's being deposited during each month.
mircea_popescu: much like the euribor/libor/etc
jurov: in fact, last time i requested such loan, usagi accused me that i do it only cause i want some movement to show on the graphs
Bugpowder: Req 4800 BTC to buy thru the annoying wall
Bugpowder: get that volatility back!
Bugpowder: Buy thru to 66
jurov: argh, these steady trades against the wall unnerve me
jurov: haha yes blockchain.info readily identifies you there
smickles: clearly, i'm not a high roller, as shown by the tags sending to that addy
smickles: jurov: I dunno, also, i think 'high rollers' can request a unique addy
jurov: btw, one can have a peek to 1JPvucRfu3ZzEvfBUQTJwsxMrZjeTqD6zR as to how much capital was provided by bondholders. but requested rates are between them and mircea.
smickles: and the B-S 'risk free rate'
smickles: I would venture to guess that it does influence the margin cost somehow too
jurov: yes, but it is computed every month in the end when options expire and then not used for anything else?
smickles: I know it's at least used to determin how much of the mpoebot profits go to the bondholders, and how much of their principal is returned to them if they bid too high
Bugpowder: MPBOR valid 30 November through 28 December: 9.9%.
Bugpowder: OK what does this mean then?
jurov: neither their requested rates
Bugpowder: I just didn't look hard for the info
Bugpowder: I was talking about for the current month
jurov: Bugpowder, you are deducting that from MPBOR announced there? but on december 29 there will be different rate announced
Bugpowder: I bet bondholders get the full 9.9%
Bugpowder: Price has been pretty stable, so I think MPOE is going to do very well
Bugpowder: I think this means its 9.9%
smickles: jurov: dividends will be returned to me, payment can be at the end if you want, or in daily installments
jurov: and do you want interest every day or in the end?
jurov: should i return them to you?
jurov: btw, what about the dividends?
smickles: kk, I'm usually on at several points in the day any way, I'll make my presence known :)
jurov: i'll be most of the day, best evening UTC
jurov: any time
smickles: I'll be sure to be on
smickles: about what time UTC?
jurov: *plot thickens*
jurov: okay. we'll see tomorrow
smickles: I think I could do that, my terms are 0.2% per day, one interest payment minimum
jurov: smickles, i seriously consider lending some s.mpoe tomorrow, will you be there?
smickles: do you think there has been an increase in the amount of btc from the bondholders this month?
Bugpowder: similar to Nov
Bugpowder: well 110,000 contracts traded this month
jurov: and that will be in 14hours
smickles: it's not released until settlement of the options
thestringpuller: i though last month was 9%
smickles: thestringpuller: suppose people are buying it now expecting a large dividend, then receive next to nothing b/c the bondholders took it all
smickles: also, anyone whant to short s.mpoe?
smickles: well, unless the capital requirement is low this month
Bugpowder: what do you really think the bond rate will be?
smickles: lol, threats
kakobrekla: oh and if anyone else is interested, kv1 is open for deposits till the 31st, 100btc min
jurov: i remember you making some mpbor-related threats to mircea
jurov: so you did pull these 25% this month?
Bugpowder: Do we know the yield on the MPOE bonds this month?
Bugpowder: So who wants to bet on the S.MPOE dividend
gribble: BTCUSD ticker | Best bid: 13.41660, Best ask: 13.42967, Bid-ask spread: 0.01307, Last trade: 13.42967, 24 hour volume: 21857.94329942, 24 hour low: 13.25000, 24 hour high: 13.47000, 24 hour vwap: 13.39289
gribble: Hillary Clinton with Reptilian Eyes - YouTube: <http://www.youtube.com/watch?v=3ve-IiOM9mM>; Hillary Clinton Reptilian Eye - On Her Official Photo! - YouTube: <http://www.youtube.com/watch?v=akcoHinOaIU>; Hillary Clinton reptilian eye on plasma TV by ljrow49 - YouTube: <http://www.youtube.com/watch?v=wg_1aHJ4xEo>
pigeons: i meant the aryans that control the greys
smickles: < pigeons> jews/aliens/gays < they're all reptoids anyway :|
plate: nap time
plate: but that's just the real formula
plate: Kosher Coke is good tho
plate: The jews always have their hands in everything
pigeons: and that is what we eat today
pigeons: A&P supermarket had a contest and the winner geneticly modified the hen to not have bloody meat so the jewish customers would eat it
kakobrekla: id take pigeon.
pigeons: actually the native species of pigeon to north america went extinct cause it was overhunted overeaten, then when it was gone people settled for chicken
bonafide: I saw something on American Greed where some guy conned multi-millions from people by pitching the ideas that pigeons would soon replace chicken
bonafide: welp.. that news conference
Bugpowder: actually send to 1TBZjmXho6mdGhoESaMV2svtqJXYtWfEp
smickles: also, dev on v2 of the protocol
smickles: it helps pay for the costs of running the wot
smickles: send btc there, it will help the wot
thestringpuller: we buy trust now?
kakobrekla: wot = web of trust in here
bonafide: Obama does nothing for the dollar
smickles: bad idea, obama is jesus, so nothing bad will happen to usd
Bugpowder: and all the HDD makers
bonafide: who's their biggest contracts
Bugpowder: I think the verdict will be reduced
bonafide: buy orders for TI, SODA
bonafide: I could stay long, but I like taking nice gains and reposition on the pullback
Bugpowder: thestringpuller what is the evidence?
bonafide: but they don't get into office to actually set policy