994800+ entries in 0.674s
Ukto: weex doesnt
touch assets, bonds of any kinds
Ukto: that would be on
the new asset site
knotwork: i had
to change all
the plots
to use logarithmic scale because otherwise all
the
tiny valued assets
tended
to vanish into
the y-axis on
the bottom, using log for X lets you see
the
tiny stuff as well as
the skyrocketed stuff
smickles: if you could write an option for whatever you wanted,
that would open up a lot of interesting possibilities
Ukto: considering copying
the options code into
the new asset site, so ppl can
trade options on assets.. but I just dont
think
they vary enough in price
to be worth using.
smickles: it couldn't hurt, I could get
to it sometime soon :)
Ukto: smickles: want me
to pm you an invite code? :)
knotwork: when i said "arbitrary assets" I meant quite arbitrary. I have created several plots now, showing
things in
terms of different assets like wht does it look like if you
think in litecoin, what does it look like if you
think in devcoin, wht does it look like if you
think in bitcoin etc
Ukto: and about 3~8 ppl randomly buying
them
Ukto: there is only one person writing options so far... seems
to be doing good
Ukto: I
think
the last option
that was for sale got bought last night
Ukto: option holders can also re-write
the options back into
the board
gribble: Error: No orders found matching
these criteria.
knotwork: no no i merely meant if
t-bills are risk-free
then obviously its a loose
term of art
to being with
Ukto: it gets posted on
the list, and anyone can buy it
Ukto: you pick call/put, you specify
the deadline for exection,
the strike price, and
the option price yoiu want
smickles: Ukto: do you work
them out individually
then?
smickles: knotwork: if you want
to use
tbils,
then we'd need a good way
to convert btc into
tbills
Ukto: that does make sense
too
knotwork: well considering
t-bills are passed off as risk-free ...
smickles: Ukto: how do
they compare
to mpex's options?
smickles: I suggest yo ujust assume
there isn't one
knotwork: the secure interest rates of course are also key in many.most (all?) options pricing schemes so its hectic,
then all
the options will all have
to be manually adminitered
too
knotwork: everyone is running around
trying
to work out options bundles
tht
they hope can prevent
the flattening out of
the curves from
turning into an actual downtick
knotwork: a significant amount of secure debt was sniped
today while everyone was already worried about skyrockets, massive players in
the secured debt arena finally realised all
their debtors would be sniped if
they didn't cut
their rates across
the board, and everything wobbled
knotwork: easy apps
to handle options maybe could have helped
there, for example maybe if lots of options had been available for people
to secure
themselves a peak price for a few months so
they need not panic...
knotwork: well remember when bitcoin skyrocketed over $30, but
tipped when it
topped out?
knotwork: Software
to handle puts and calls on arbitrary pairs of assets is badly needed.
That is really coming home
to people
today as
they ran around negotiating large puts and calls
to
try
to prevent a
tipping point
that could
trigger panic selling if
they don't get enough, and
the right, puts and calls worked out and in place
smickles: thestringpuller:
the futures market is a funny
thing
smickles: not at all because of me
tho :/
smickles: I went
to a highschool
that Jay Leno once called "fort fertile"
smickles: Ukto: i'm willing
to bet you are older
than i am
tho :P
smickles: so I'll have
to wait until my daughter and coming son are a little older
smickles: I plan
to become a CPA, it just
takes
time, and I have
to work under a CPA for at least 2 years before I can even attempt
the exams
Ukto: to get an EVSSL cert, you have
to provide a letter from a lawyer, or cpa
Ukto: if a cpa signs, and
tehres a mistake,
there is a simple procedure
to fix it
Ukto: if a cpa is not singing off on
them
Ukto: Everyone should always have a cpa do
their
taxes
Ukto: my personal/family
taxes re bloated out
to about 38 pages yearly
Ukto: just for
the businesses :P
Ukto: I generally file about 300 pages worth in
taxes a year
to
the irs
Ukto: smickles: I have had my own s-corps for
the last 10 years.
smickles: really, a CPA licens is so
that you can do Audits on publicly
traded companies and such like
that
Ukto: why setting up
the llc now
then ?
thestringpuller: Why don't you do it kingpin style and hire a CPA with an "offer
they can't refuse"?
smickles: thestringpuller: it
takes years,
the requirements are harsh
smickles: aw,
too bad i'm not a cpa, I can't do public audits :|
Ukto: and have
them post on
the same basis
that all looks right with
the world
Ukto: I plan
to hire a cpa firm
to do a weekly/monthly audit of all accounts
smickles: I believe my plan for A/P is
the most secure solution
to date, private keys will never even be on a HD
smickles: yeah, I'll be providing bookeeping, payroll, accounts receivable, accounts payable, consulting and related services. All custom
taylored
to bitcoin businesses
smickles: so
this
tuesday, it'll be 2 weeks worth of processing a few forms
thestringpuller: i want something with a story
that compares
to GTA IV or Alan Wake
Ukto: i'll work
that later
Ukto: does it have
to be a story game
smickles: thestringpuller: I've got a link for you
to have a gander at :)
smickles: That better be a self driving car for
that price
pigeons: ok i'll wait for
the Satoshi Fishing clone
smickles: pigeons: i dunno if
they will ipo if freemoney buys
them outright
Ukto: ah. I remember I used
to see
them, and noticed none of
the pages I looked at lately had any
smickles: sort've, i
think you have
to pay for 'em
Ukto: hmm, did
Theymos ban images from sigs?
smickles: 16:22 < mircea_popescu> so i've been
top fish for ~2 hours now, smickles
take
that! << oh noes, i've been doing other
things and my fish has been invisible for who knows how long
Ukto: dont see one on
the actual game
Ukto: i
tried clicking hte how it works on polimedia and got
taht 404 hehe
Ukto: it was freom
the link on polimedia
Ukto: The requested URL / was not found on
this server.
kakobrekla: i love it how
the link is direct ip lol
Ukto: whats
this biggest fish
thing?
mircea_popescu: so basically
the forum wants gigavps
to buyback bonds at 1.05 btc each + all
the dividends
mircea_popescu: cause he got lucky, otherwise i'd have been +8 last
time
kakobrekla: screw mpex
this is much more profitable
mircea_popescu: i made ~3btc last
time, i'm ahead about 3 btc
this
time
kakobrekla: mircea_popescu how much did you blow on
that game so far
mircea_popescu: so i've been
top fish for ~2 hours now, smickles
take
that!