988900+ entries in 0.645s
Doffx: Well after
the dust has settled it looks like I made quite a bit from
the passthrough
Ukto: Did you see
the dividend reinvestment stuff on BF?
Ukto: how are
the murder laws in Romania nowdays? :P
mircea_popescu: i don't have any more money, i bought
the bitfunder passthrough
to cryptostocks shares investing in s.mpoe
jurov: haha, no i'm sure
there will be someone interested around #otc
to provide few
tens of btcs or so
Ukto: we
thought you would cover
the shortfall
Ukto: 1 month of fundraising,
then it buys bond, a month of
trading
mircea_popescu: a sio
this way it can
trade/invest/trade/invest sorta
thing ?
Ukto: since
theres a month of fundraising
jurov: we did not found a sane way how
to cram it into one asset
Ukto: seemed like a waste
to keep re-creating assets
dub: is
there some other meaning?
dub: the only short bus reference I am aware of is
that movie with lots of gay sex in it
smickles: where I went
to school,
the short bus had
the intelegent peeps on it, social welfare allowed
the large busses
to be
taken up by
the 'short bus' peeps
mircea_popescu: beingtall on
the short bus has
the advantage you don't sniff aanyone's farts.
dub: EskimoBob: would
that be
the, relying on your customers
to be retarded method?
dub: Look at how btct.co, litecoinglobal.com, bitfunder.com, cryptostocks.com and so on get
their clients. Learn something. Evolve, for fuck sake!
Doffx: I would have
thought you mostly liked
the bag in her hand :P
mircea_popescu: Doffx i like how her
tattoos seem
to be drowning on her
thestringpuller: thanks for
the discussion on
that idea mircea_popescu, much appreciated. I guess we'll
talk again soon.
jcpham: did you just come on
to me
thestringpuller: mircea_popescu: well what is
the safe zone for right now is 5-6% no?
jcpham: i'll never eat with
those wages
Doffx: I wouldnt call it sex, but
there us nudity.
jcpham: i'm not going
to click
the link, but you guys feel free
to verbally describe it
to me
jcpham: at least mpex isn't named magic
the gathering online exchange
gribble: BTCUSD
ticker | Best bid: 13.24012, Best ask: 13.24013, Bid-ask spread: 0.00001, Last
trade: 13.24012, 24 hour volume: 77060.65520210, 24 hour low: 12.74919, 24 hour high: 13.49800, 24 hour vwap: 13.20606
EskimoBob: and look, he has no need for a hysterical sociopath cunt,
to represent him :)
mircea_popescu: i love
the shock people get when
they discover
that... wait!!!! while we knew better and ignoed gpg and didn't user irc and etc stuff was happening!
mircea_popescu: "Does anyone actually
think MPEX is worth $8.4 Million USD? Seems WAY overvalued
to me (like 1-2 orders of magnitude)."
mircea_popescu: hehe. one of
the advantages of starting slow, you catch
these
things before
they do damage
thestringpuller: Well mircea_popescu if you are willing
to believe in me, I will pull it off.
kakobreklaa: 20:33.46 ( @gribble ) markedathome was last seen in #bitcoin-otc-eu 33 weeks, 5 days, 6 hours, 46 minutes, and 6 seconds ago: <markedathome> mcorlett: i'll help
test if it is needed within
the next 4 hours
EskimoBob: you guys have
talked about
this for days now. Let me ask
this: what is
this added value you offer for clients?
mircea_popescu: no
thestringpuller.
the main issue is
that a single price is meaningless for a fragmented set of random submarkets.
EskimoBob: over here it's 6 mil
tons and it goes straight
to ass
thestringpuller: so mircea_popescu if I can prevent a geogrpahical shortage in one location from affecting
the entire market,
the main issue you see will be solved?
dub: on
thunderchunk in
the fatobar system
dub: EskimoBob: yeah but every american consumes 4 mil
tonnes of chocolate per annum
EskimoBob: lol at
this cocoa price bs. Over 4 mil
tons of cocoa gets produced per year
thestringpuller: i feel as
though new
trading strategies would arise due
to
this
thestringpuller: so if
there is a shortage in one location,
then wouldn't he have
to
transport it from a farther location?
mircea_popescu: arbitrage is meaningless if you can't close
the cycle.
thestringpuller: like with spot exchanges (like CME I guess), wouldn't one supply shortage result in some
trader doing argritrage?
smickles: like I said,
the 37/18 was just
the optimal situation. (something
that all
those elliot wavers seem
to forget)
smickles: mircea_popescu: would it be profitable if
they did
the sell at 35 buy at 32?
mircea_popescu: it's more likely
to findsome btc in
the park lying on
the ground.
smickles: (that's just
the optimal example)\
smickles: mircea_popescu:
the sell at .0037, buy at .0018, ruturn
the shares
mircea_popescu: thestringpuller let's get it
this other way :
there's 20 geographically distinct markets. in one of
them
there's a shortage.
that guy goes and buys moar cocoa. drives price up
smickles: mircea_popescu: someone
taking my deal with s.dice could've already made a bunch of btc
jurov: thestringpuller, why should someone in
the California (if coffee would be grown
there) have
the same price as someone in Nepal?
smickles: ;;sell 1 S.MPOE @ 0.2 "%/day" Lending S.MPOE at .2% per day based on
the 1day average
thestringpuller: but what would be
the physical
trade floor is a computer
terminal connected
to
the internet
jurov: if
they had 500 mpoe-pr's ? why not
thestringpuller: i don't understand how price formation is centralized if it is primarily influenced by
the supplier?
mircea_popescu: cause cocoa for (instanbul
to budapest) is different from price in (cote d'ivoire
to atlanta)
mircea_popescu: that's not really
tyhe point.
the point is
that if you're decentralizing
the clearing house why are you centralizing price formation
thestringpuller: thus someone in istaanbuul can sell columbian coffee
to spoiled americans
gribble: #12371 Mon Dec 17 11:18:07 2012 smickles SELL 1.0 S.DICE @ 0.2 %/day (Lending S.DICE at .2% per day based on
the 1day average)
smickles: ;;sell 1 S.DICE @ 0.2 "%/day" Lending S.DICE at .2% per day based on
the 1day average