adlai was speaking metaphorically. scalpl has been asleep for several months already.

adlai: seeing as it's a tool, not a "manned missile" (spot the sauce!), scalpl's on vacation during the semester

adlai: [scalpl] seen from a distance, is a pretty good machine for converting ten thousand dollars into twenty thousand. [no footnote here! it can make money in crashing markets, too] But, given the [minimum trade size] it is profoundly useless as a machine for converting ten dollars into twenty.

adlai: btw, just to bury the earlier discussion of scalpl with shameless self-promotion: if anybody feels adventurous and wants to collaborate, speak up (PM is also OK)

adlai: "time-arbitrage" (ie, buy-low-sell-high-and-hope-the-noise-continues) is entirely automatic (up to sane/profitable configuration), cross-exchange arbitrage is entirely unsupported. scalpl has no understanding of the fact that different markets on different exchanges might involve the same asset.

adlai: https://github.com/adlai/scalpl

adlai: magical bug inducer = scalpl running against the usual suspects of shitcoinistan

adlai: scalpl, having enjoyed mircea_popescu's options emporium during the dying throes of its public trade, will henceforth enjoy the dying throes of vitalik_buterin's nonsense polonium. more news once it actually loses money.

adlai: $up scalpl

adlai: !up scalpl

adlai: phf, trinque: either/both of y'all may be interested in https://github.com/adlai/scalpl/commit/019c10d (specific patch, rest of repo is relevant only to archaeologists)

adlai: huh, scalpl is roadkill too. shame.

adlai: BingoBoingo: cl blogotrons exist, these days my blog-time is spent 'auditing' coleslaw vs hyde. scalpl, otoh, is pretty much one of a kind; cf ascii_butugychag on professional vs plebescite tooling...

adlai: totally unrelated, yet... this is why i work on scalpl, and why nobody else cares about scalpl.

adlai: fits right between "how to kill dictators on bitbet" and "why scalpl only trades on mpex"

adlai notably doesn't touch scalpl during this latest tirade, because the Real Men (tm) in the audence have already learned to dissociate snr, right?

adlai: lol, lies. scalpl just sold, that was a market buy.

adlai: more personally, if perfect information exists, scalpl is truly a wild goose chase; i'm betting my time on perfect information not existing, and there being room for patience to profit off information fuzzyness

adlai: specifically, scalpl's purpose is to produce the fastest possible escape rocket for a given (parametrizable) risk tolerance; once that technology is in place, it's just a matter of finding a market for which the maximum speed at your risk tolerance exceeds escape velocity

adlai is glad he's not running a profit center with [the current version of] scalpl... it would've lost ~5% by now, by btc accounting ☟︎

adlai: http://log.bitcoin-assets.com/?date=05-02-2015#1007275 << https://github.com/adlai/scalpl ☝︎

adlai: i'd like to test scalpl on larger amounts of btc than i have at my personal disposal.

adlai: a little relevant, and then i must break scalpl manually if it won't do so of its own accord: https://www.youtube.com/watch?v=MOXQo7nURs0

adlai: infantile as it is, sometimes fortune favors the bold, and scalpl does beautiful shit like http://i.imgur.com/2WBFwjy.png

adlai is not looking for a lump sum right now / yet. "scalpl is an experiment"

adlai: mircea_popescu: scalpl has existed for less than a year. puberty rarely starts in less than a decade. by this metric, i'm optimistic!

adlai: the way scalpl works currently, you can use it badly and lose money, just like with any investment; and that is likely to never change

adlai: i'm not proposing to lower it to the ground, scalpl works quite badly on small accounts, and even with the usability changes i'm imagining, it'll be easy to footgun without either my help or some level of understanding on behalf of the shooter

adlai: you mean why anybody would want to use scalpl?

adlai: http://log.bitcoin-assets.com//?date=22-12-2014#958557 >> https://github.com/adlai/scalpl/graphs/punch-card lol ☝︎

adlai: this code isn't really used in scalpl yet, i'm kinda manually hacking together a shitty version of what this could eventually become

adlai: when was that? chances are those willies are nothing compared to what you'll get from https://github.com/adlai/scalpl/blob/master/actor.lisp

adlai doesn't know of anybody specific who's hunting scalpl, but knows of at least one person who said that open sourcing it is braindeadingly retarted and that it'll get hunted to death immediately.

adlai: you could say that scalpl passively hunts any and every bot that uses market orders

adlai: until now, scalpl never actually considered profitability of placed offers against past execution. now it does.

adlai thinks back to when he first connected scalpl to bitfinex, and found that "signature = HMAC-SHA384(payload, api-secret) as hexadecimal" apparently also means to zero pad it to 96 bytes

adlai: scalpl already talks to bitfinex, but i hadn't tried placing hidden orders before

adlai: ok that's enough. next time i bring up scalpl not in response to somebody else, please !down me

adlai: anybody trading on mpex want to try scalpl?

adlai tries not to watch the markets when he's not actively tinkering with scalpl