log☇︎
999900+ entries in 0.774s
thestringpuller: my investors want a place to put btc money into that is safe
thestringpuller: i see it in the faq
mircea_popescu: you got the link ?
mircea_popescu: thestringpuller yeah, it lost money once so far. look at the monthly reports
thestringpuller: does the bot usually make money?
thestringpuller: what are the general returns?
mircea_popescu: make sure you first read up on them tho.
thestringpuller: mircea_popescu: i want to invest 50btc in your bonds
Chaang-Noi: iv been traveling
Chaang-Noi: was wondering when a bitcoinica clone would start up using thier source code
Chaang-Noi: if they do whatever then yeah it will take a long damn time
Chaang-Noi: if it blows over it will take a year
mircea_popescu: prolly in a year the real battles start.
Chaang-Noi: i bet it will take over a year
Chaang-Noi: there is no way im doing anything with btc until all that BS is over...
Chaang-Noi: SEC and all that...
mircea_popescu: i wasn't following that closely.
Chaang-Noi: so much for letting people do what they want
Chaang-Noi: i was kidding... at this point im not doing anything. i explained pirate properly too and well that blew up in my face
mircea_popescu: as long as you explain the deal properly
mircea_popescu: you need at least 50 btc to qualify.
Chaang-Noi: brb, going to start a pass though!
mircea_popescu: you do undertake the risk tho. if the bot loses money you're on the hook.
mircea_popescu: well, an almost month. from last friday of one month till the last friday of next month.
mircea_popescu: Diablo-D3 it's open auction. as much as the filler asks for.
mircea_popescu: well, mpoe borrows to finance options trading. seems the only legitimate thing so far.
EskimoBob: never understood why anyone wants to lend BTC (except buy shit like drugs or pr0n)
mircea_popescu: lol, this is bitcoin lending in a nutshell.
kakobrekla: id like to try this.
mircea_popescu: course it didn't come out too clearly what he's about.
mircea_popescu: i don't recall that guy's name on reddit but we did have a nice chat on my blog
EskimoBob: "This guy needs to get laid. So much anger over such a small point." - LOL
mircea_popescu: am i like the only person on reddit with more link karma than comment karma ?
EskimoBob: only "all the time" unless you can produce digitally signed (by ID card) document from your doctor
EskimoBob: smickles: there is no "_nearly_ all the time" :)
EskimoBob: not really. Send back the coin that is not yours and this circus probably moves on
Jackmaninov: but all eyes on Goat who's the *real* criminal /s
Jackmaninov: aka i've run for the border
Chaang-Noi: UPDATE:Currently recovering bitcoin payments made in error, account closing has been halted until most of this has been recovered
Chaang-Noi: i see glbse is back up and nefario made his hostage of the account info public/offical
EskimoBob: people are writing scary stories to each other in form. Same shit, different day
EskimoBob: He replaced that nose hair picture of himself with a "painting" of himself. Whats next? Will he paint that orange shirt black and add more uniform curls to his wig?
dub: am I missing something? or is the alledged link here that they both used email
EskimoBob: JoelKatz is riding his ego-trip wave big time :)
EskimoBob: most important question... on what exchange are you going to run it?
smickles: anyway, i'll be off to bed for now; early engagement tomorrow
smickles: i'd prefer to keep all profit to myself :P
mircea_popescu: aha. funny thing, the girl was saying this exact thing to some investment club dood
smickles: mircea_popescu: naw, private thing. unless I really see that more capital will help, and i'm confident the risk is really outweighed by the benefit
smickles: EskimoBob: well, if i don't, then it means that one or more of my basal assumptions was wrong
mircea_popescu: smickles is tis goins to be scm v 2.0 ?
smickles: heh, EskimoBob i should be providing liquidity on both sides nearly all the time, regardless of others standing orders
EskimoBob: if you have no rules set like that, you are not really a market maker but just another trader executing trades for a client(s)
EskimoBob: who sets the rules for you? at what increment can you change prices etc.
mircea_popescu: i presume he will maintain some orders on the book
EskimoBob: what if bid side (not you) has no orders? What if ask is gone? Are you buying/selling to/from your own books? etc...
EskimoBob: is that what you are going to do too?
smickles: me making btc at the cost of the greater fool, that's what :D
mircea_popescu: curious what comes of this :D
smickles: i.e. where to place standing orders at
smickles: but i figured out the hard part :)
smickles: i just need the part where it watches for its orders to be taken by someone else and responds accordingly
smickles: some more code, and i'll have that market maker bot
dub: I should head home to my sausage wallet
gribble: BTCUSD ticker | Best bid: 10.69308, Best ask: 10.77499, Bid-ask spread: 0.08191, Last trade: 10.77499, 24 hour volume: 47684.46748761, 24 hour low: 10.40000, 24 hour high: 11.20999, 24 hour vwap: 10.87540
dub: its not the ring, chicks can smell how full a mans balls are
smickles: i got less advances before the ring than after,
dub: smickles: yeah, I jest, be wearing one myself sooner rather than later
smickles: dub: you mean the thing that makes it more dificult to fend of other women?
BTC-Mining: Hmm, right on channel's topic. Guess I'll stay out of it.
smickles: maybe i'll try it someday, but she doesn't seem like she'd be good at the dom end
mircea_popescu: ya srsly, smickles is worse than ciuciu.
smickles: the irc argument has worked for other things in the past :D
dub: you could go for the 'accident' but its probably not idea for continuing the sport
mircea_popescu: shows great promise of much enjoyments. just tell her ppl on irc said you should give her tiem
smickles: she had to have a c-section tho
mircea_popescu: did she get hemorrhoids on the first one ?
dub: you will get those brown wings
mircea_popescu: well that's no time to teach ehr anal
smickles: it was our anniversary on the 30th just past, as likly to happen then as ever
smickles: but i like to think that i'm too big ;)
dub: you might need to spend up front on some nice wine or flowers
mircea_popescu: i was shocked to find most us couples still don't do it
smickles: i still havent got it that wy
mircea_popescu: it's like saying fucking your wife in the ass is not breaking ground and doesn't require any resources
smickles: well, technically, is there a product on market that does this already?
mircea_popescu: dub they are breaking ground, for one, and it takes 10 to 100x more money than they have.
smickles: yeah, but the % of bitcoin biz that turns out to be a scam after time is high
dub: just like millions of other products before them
dub: its not like they are inventing something or breaking ground
dub: why? all it takes is money
mircea_popescu: dub well in practical terms it'll be a miracle if they have anything to ship anyway,.
dub: I think you are putting far to much faith in the ideology of asic vendors, given a choice between mining a few btc which are sure to become nearly worthless at least for a while, and profiting hugely in the long term.. they will ship
mircea_popescu: a well. fyi, what the romanian revolution was is this : ohio state students taking over the troops, then executing nixon.
smickles: did no one oppose the revolution?
smickles: yeah, i guess i conflated the two
mircea_popescu: but romania never had a civil war ? or you mean the revolution ?
mircea_popescu: smickles i'm never too young.
mircea_popescu: everyone thinks ny is blue, they're so pissed at democrats right now it'll happen.
smickles: so you were born in the 70's, i guess you were too young to make money when romania broke free, eh?