994700+ entries in 0.734s
mircea_popescu: The Merton model has been shown
to be empirically accurate for non-financial firms, especially manufacturing entities.
The highly leveraged nature of financial firms produces CDS spreads which are significantly higher
than observed in
the market due
to
the asset diffusion process.
smickles: since
the first week of November , iirc
mircea_popescu: i considered him an idiot since about a week ago, or was it
two.
smickles: heh, I consider him moving
the goalposts so many
times
to be backing down
mircea_popescu: has not
the incentive and
thus not
the ability
to back down when
they've been proven wrong.
mircea_popescu: a person
that has not
the experience of a good beating
smickles: ya know,
that one guy not seeing
the connection between digital currency based on austrian economics and Bitcoin
smickles: Also, if you still see it hard
to see, why don't we use
the very next
two sentences in
the Grinberg
text: "Bitcoin supporters may similarly argue, as elaborated below,
that bitcoins do not look like securities or investments, especially because
there is no money- making enterprise
that is attempting
to raise money, and
that bitcoins are instead like commodities or currencies, which are generally not regulated under
the federal securities laws. Fu
smickles: Did I miss something, I
thought
the relevant footnote was about an digital currency and Ginburg brought it up as reference for digital currencies being unlikely
to be regulated as securities in a discussion about Bitcoin being a security or not which directly impacts whether or not Bitcoin is a Ponzi scheme. --Smickles86 (talk) 02:13, 26 November 2012 (UTC)
smickles: You don't see
the connection between a Libertarian who advocated free experiment in methods of
transmitting value and Bitcoin?
smickles: Macintosh was discussing Friedrich Hayek's model, not Bitcoins, and is a 14 year old document, discussing something 10 years before Bitcoin was introduced. I'm not following
the correlation between Hayek's model possibly not being considered a security and Bitcoin, a different concept entirely. - SudoGhost 01:39, 26 November 2012 (UTC)
mircea_popescu: still not fully restored power in manhattan have
they ?
coingenuity: as
they fix
the situation
there with roads and electricity etc
the delay will vanish pretty rapidly, but nothing we can do about freaksize hurricanes... yet!
coingenuity: so
there's a bit of a delay on specific items, but we're letting folks know as needed
coingenuity: certain manufacturers are based in
the manhatten area,
they got hit REALLY hard in
the hurricane
coingenuity: ya,
thanks, let my staff know
to speak
to him
coingenuity: mircea_popescu: aye, some specific items are delayed due
to
the hurricane in
the USA
dub: I've had some rather arduous irc jobs before, never got paid
though
dub: paid btc
to hand out on IRC,
tough gig
smickles: lol,
that sudoghost guy didn't see
the connection between a e-currency modeled on
the idea of Libertarian economist and Bitcoin
mircea_popescu: judging by calls closing i guess
there's not going
to be much more of a jump.
mircea_popescu: basically an value investing vs efficient market
theory vote.
gribble: Estimated
time of bitcoin block reward halving: Wed Nov 28 21:49:14 2012 UTC |
Time remaining: 2 days, 20 hours, 40 minutes, and 0 seconds.
gribble: BTCUSD
ticker | Best bid: 12.49737, Best ask: 12.49738, Bid-ask spread: 0.00001, Last
trade: 12.49737, 24 hour volume: 24521.28612267, 24 hour low: 12.31250, 24 hour high: 12.60000, 24 hour vwap: 12.49009
mircea_popescu: at least he doesn't seem
to be
targetting you particularly.
mircea_popescu: Stopped by Meze Grill
today. It was one of my must-visit places during my
trip
to NY.
The food was DELICIOUS! But, I was informed
that
they don't
take Bitcoin any more. "It didn't work out" Anyone have any idea why?
mircea_popescu: i don't
think he understands much of what's going on around him.
jurov: i'll prolly put it into btctalk profile "accused of addting activity
to mpex charts"
jurov: i can't stop giggling over
that accusation
dub: safe
to class it as 'too stupid
to warrant further interaction'
jurov: You did
this as
to show some activity on your site. You forgot
to mention
that
the activity is from you,
the owner of
the site. Do you
think
this is OK?
jurov: i got
to "full member" only recently after several months of semi-daily visits
jurov: prolly everyone want
to be hero members of btctalk
Ukto: I dont
think a single person expected it
Ukto: lol,
to be expeted with
the rabbit he pulled out of
the hat :P
mircea_popescu: mother of god, giga's
thread is on page 72 ? was 64 yest
Ukto: if someone cant explain where
the money comes from
to pay
the divs
Ukto: I also dont want a certin someone >,>
to go labeling my system as
the asset sesspool. :P
Ukto: I mean,
there _are_ some good ppl, with good intentions, who wanna do
things like mutual funds
Ukto: and put a giant red flag on
the asset
Ukto: and
the only real opton I can come up wiht for doing "funds" non-backed
things like rigs, but
the passthroughs, etc.. is
to just do it
Ukto: I keep
thinking about it
Ukto: if you dont know
the answer,
then you have not been paying attention
to Nefario's history.
mircea_popescu: literally,
there is no longer any possiblity, no matter how
theoretical. all has been used.
mircea_popescu: "It is not only GLBSE users
that did not file claims or got double payments, some users
that filed
their claims and did not receive double payments are also not on
the lists. "
jurov: oh
that's a guy??? i read
that as "grandma"... *hides*
smickles: lol, ok, segfault when
trying
to encode
the image
jurov: granted,
there were some mysterious symbols, nowadays it's all like s.mpoe
jurov: orly, someone misses glbse
ticker?
gribble: Error: I am not seeing
this user on IRC. If you want information about a registered gpg user,
try
the 'gpg info' command instead.
jurov: one would probably need spy plane/satellite
to scan it :P
smickles: pigeons: lol, i was just
thinking of producing
the blockchain in qr format for
the fun of it
gribble: Error: User doesn't exist in
the Rating or GPG databases. User must be GPG-registered
to receive ratings.
mircea_popescu: ;;rate Bargheimer 1 Runs
the biggest fish game. Nice coding.
gribble: Estimated
time of bitcoin block reward halving: Wed Nov 28 21:32:13 2012 UTC |
Time remaining: 2 days, 23 hours, 10 minutes, and 0 seconds.
smickles: anyone know how
to replicate
this?
Ukto: all i know is
that mircea_popescu had linked
this url
this morning
dub: using
the dns I get a 404
Ukto: not
that i quote know how it works
jurov: and
to
think it has catched dust unused for few months...
jurov: lmao
the bot looks like most profitable mpex venture of mine :p
knotwork: since
they all did i am guessing
they maybe didnt
take a bump at all but, rather, litecoin went up briefly
then back down
knotwork: kind of looks like down a little for
t least some of
them
knotwork: damn i
turned
the mousing
thing off so i could make
the chart bigger, but
that
turned off
the ability
to zoom, i can hardly really see if its downticks or just levelled off
knotwork: it has been like oh gosh is Martian BotCoin doing what bitcoin did back when bitcoin
topped oout over $30 ???
knotwork: log scale makes
the skyrockets look so un-dramatic! its almost worth not being able
to see
the low valued assets on non-log scale jsut so you can see how exciting
the skyrockets were really looking
knotwork: ahh finally
the latest sets of numbers are complete and i can plot new plots
knotwork: and if i do sell some of it, well it was looking like something might have
to be sold anyway so what
the heck
knotwork: basically its like hey I have
two
things I can sell, but maybe if I sell people
the option
to buy one or
to sell me (at les
than i sell it of course) one, i can make money on my inventory without even necesaarily selling it
smickles: heh, not much looing into, calls and puts are essentiall
the same
thing if you know how
to look at it
knotwork: so pick any pair of
this and
that you have plenty of on hand and can no longer get as high interest on by loaning it
knotwork: those are
the ones having
the interest rates crunch, so
they are
thinking hey maybe we can set up safe options, where we sell options
to make a secure income on our heaps of
this and
that
knotwork: well
those smooth lines on
the plots are of course
the folks mostly valued by
their compound interest deals
theey have/had
knotwork: sorry i mixed up x and y axes, its y
that is log, x is
time
Ukto: cant be able
to post options on somethign
that you cant enforce
Ukto: to be able
to option it out
Ukto: just have
to setup an mpex account, and ppl have
to xfer
the mpex shares
to
that account
Ukto: and offering options on mpex assets from
the new asset system wouldnt be hard
tbh