assbot: [MPEX] [S.MPOE] 4800 @ 0.00047514 = 2.2807 BTC [+]
smickles: ;;calc ([bc,24hprc] - 11) / [bc,24hprc])
gribble: Error: unexpected EOF while parsing (<string>, line 1)
smickles: ;;calc ([bc,24hprc] - 11) / [bc,24hprc]
smickles: ;;calc (11 - [bc,24hprc]) / [bc,24hprc]
smickles: <@assbot> [MPEX] [O.BTCUSD.P110T] 48 @ 0.0538765 = 2.5861 BTC [+]
smickles: ;;calc (11 - [bc,24hprc]) / [bc,24hprc] - .0538765
smickles: ;;calc ((11 - [bc,24hprc]) / [bc,24hprc] - .0538765) * 48
assbot: [MPEX] [S.MPOE] 24274 @ 0.00047514 = 11.5335 BTC [+]
assbot: [MPEX] [S.MPOE] 2626 @ 0.0004757 = 1.2492 BTC [+]
assbot: [MPEX] [S.MPOE] 11400 @ 0.00047471 = 5.4117 BTC [-]
jurov: someone plugged something.. blocks arrive at dizzying speed
gribble: Time since last block: 3 minutes and 30 seconds
jurov: no, they really mine with supercomputer..let me dig that..
mircea_popescu: these are the guys that discovered doublespends and thought they cracked bitcoin iirc
jurov: looks like they want to help their budget
PsychoticBoy: Sry mircea, I currently have ~120Gh/s, still less than giga iirc
mod6: mircea_popescu: thanks! that's gonna be awesome.
mod6: I've been swammped this last 2.5 weeks... I've still done a bunch of work on bitotter's encryption parts. Got a bit more to do there and then thats nearly it.
gribble: Time since last block: 5 minutes and 27 seconds
mod6: Well, the JSONSTAT i'll grab once that's done and i'll be able to use that. the STAT screen is one remaining that I haven't designed yet just because I knew i'd have to just do it line at a time parsing or what not
mod6: this speeds that whole thing way up. i have a bunch of reuseable code from the other JSON parsing stuff it does.
mircea_popescu: you know how they say, if you don't do it today maybe tomorrow it won't need to be done anymore
jurov: hehe.. like i dreaded how would i accurately distribute interest to users
jurov: you plan to pay it again sometime?
mod6: thats like 2 awesome things in under 10 minutes
mircea_popescu: someone who bought mpoe say thursday has today the same dollar value of btc
mod6: yeah -- new all time high yesterday on s.mpoe right?
mod6: ever since all of the stuff with nefario and glbse started getting heated up, the volume dropped for btc, and leaving what seemed only good support levels at like 7, 8, 9
mod6: oh with the difficulty being what is?
mod6: is that the right one?
gribble: Current Blocks: 205120 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 511 blocks | Next Difficulty In About: 3 days, 8 hours, 20 minutes, and 26 seconds | Next Difficulty Estimate: 3220924.68525896 | Estimated Percent Change: 4.83682915397
gribble: Time since last block: 6 minutes and 8 seconds
assbot: [MPEX] [S.MPOE] 5500 @ 0.0004757 = 2.6164 BTC [+]
mod6: less than 5000 blocks left!
mod6: aight gotta run for now. talk to you all a bit later!
PsychoticBoy: still growing, would asics really be send in 3 weks?
BTC-Mining: eh, just people jumping on their computer after dinner and their GPU starting could explain it too... total hashing rate varies a lot during the day
gribble: BTCUSD ticker | Best bid: 9.82206, Best ask: 9.92292, Bid-ask spread: 0.10086, Last trade: 9.93012, 24 hour volume: 95204.70588449, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.33927
mircea_popescu: it doesn't vary a lot in the sense of going to 27+, no
gribble: BTCUSD ticker | Best bid: 9.82206, Best ask: 9.91787, Bid-ask spread: 0.09581, Last trade: 9.93012, 24 hour volume: 95204.70588449, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.33927
assbot: [MPEX] [S.MPOE] 15000 @ 0.00047471 = 7.1207 BTC [-]
BTC-Mining: eh, about ASICMINER, I hope GLBSE release the information and they start trading again.
BTC-Mining: But remember that a good part of the network might be from compromised machines/evening users. Users go online and network rate goes up. It's 7 PM now on the east coast
BTC-Mining: Their GPU starts and hop, 2.5 terahash added
BTC-Mining: 2.5 terahash is only 3000 - 10000 high end radeon GPU
BTC-Mining: look at the 8 hour estimate for the last weeks. Goes as low as 15 Terahash and as high as 30 Terahash
BTC-Mining: On what period is your network total averaged?
BTC-Mining: hmm, well the 1 day estimate does vary by as much as 5 ghash
gribble: Current Blocks: 205125 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 506 blocks | Next Difficulty In About: 3 days, 7 hours, 16 minutes, and 24 seconds | Next Difficulty Estimate: 3223285.30550262 | Estimated Percent Change: 4.91366421389
gribble: Estimated percent change in difficulty this period | 4.91366421389 % based on data since last change | 5.47811982694 % based on data for last three days
dub: no, i just want my bfl asic delivered :)
assbot: [MPEX] [S.MPOE] 22600 @ 0.00047232 = 10.6744 BTC [-]
jurov: already trying to figure out how to decrypt :)
jurov: gpg: decryption failed: No secret key
jurov: so you want everyone to do you a backup, eh?
jurov: i should preemptively accuse you on btctalk : "MPEx scandal: relies on its users to do backups"
mircea_popescu: but seriously jurov i think it adds a significant level of security.
jurov: i hope you don't compress the backup prior to export.. heard about CRIME attack
mircea_popescu: i take a number of measures to prevent as much as possible a crack
assbot: [MPEX] [S.MPOE] 4700 @ 0.00047242 = 2.2204 BTC [+]
gribble: Error: "bc,nettarget" is not a valid command.
smickles: ;;calc ((11 - [bc,24hprc]) / [bc,24hprc] - .0538765) * 48
smickles: you still have a few minutes tho
gribble: BTCUSD ticker | Best bid: 10.18009, Best ask: 10.24999, Bid-ask spread: 0.06990, Last trade: 10.18008, 24 hour volume: 99436.59165322, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.31222
smickles: thestringpuller: you're staring down the barrel of a 30% profit
smickles: mircea_popescu: i gave thestringpuller a mini-margin thingy
mircea_popescu: either the bondholders or the shareholders will feel the 30% of 4btc pain
gribble: BTCUSD ticker | Best bid: 10.18025, Best ask: 10.24641, Bid-ask spread: 0.06616, Last trade: 10.18025, 24 hour volume: 99088.49020270, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.31053
BTC-Mining: the best thing to happen would be maintstream adoption...
assbot: [MPEX] [S.MPOE] 16875 @ 0.00047242 = 7.9721 BTC [+]
mircea_popescu: BTC-Mining any guess as to what % of roman empire subjects ever touched a solidus ?
thestringpuller: you need like warren buffet and his friends to come in and "adopt it"
BTC-Mining: why would they adopt it if there's no market using it?
BTC-Mining: They don't own a lot, but they spend a lot of what they have. Those who have a lot stash it.
BTC-Mining: Consumers would help attract large businesses, who would then start accumulating bitcoins
jurov: mircea yes i saw that. now am trying to explain how i feel about multifactor auth
smickles: mircea_popescu: what was the official price at maturity for mpex options?
mircea_popescu: jurov it's a dilemma you find yourself in there i guess
smickles: ;;calc ((11 - 10.27) / 10.27 - .0538765) * 48
jurov: it's either snake oil or expense i can't afford (buying yubikeys or sending sms)
smickles: thestringpuller: should i use that same address, or do you want me to keep it on account for you?
smickles: ;;calc ((11 - 10.27) / 10.27) * 48
mircea_popescu: jurov on the other hand, browser sessions are vulnerable.
mircea_popescu: but i think a honest rundown of the thing is prolly the best policy. "here is what i can do, here is what i can't do. if you actually handle enough cash that you need what i can't do, talk to mpex directly and problem solved"
gribble: BTCUSD ticker | Best bid: 10.15000, Best ask: 10.19996, Bid-ask spread: 0.04996, Last trade: 10.15000, 24 hour volume: 98610.17306644, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.30583
jurov: thestringpuller, only possible way i know is to have some reserve (or margin) on MPEx that can be used immediately
jurov: allocated to your account
assbot: [MPEX] [S.MPOE] 1225 @ 0.00047242 = 0.5787 BTC [+]
jurov: iirc it may be more than 6 hours
assbot: [MPEX] [S.MPOE] 13475 @ 0.00047548 = 6.4071 BTC [+]
mircea_popescu: thestringpuller the declared limit is 2 days. it usually takes significantly less.
jurov: i do such "quick deposits" already for those 1btc users but i guess you want more
jurov: if you are going to do many transactions, coinbr will help you keep overview
jurov: otherwise you need to keep it in spreadsheet
thestringpuller: if I were to generate a high enough volume could I get margin to cover "quick deposits"?
mircea_popescu: thestringpuller in general the capital is the key criterion. if you plan to do k's of btc you probably want mpex. if you plan to do 10s of btc you prolly want coinbr. if hundreds it's messier.
thestringpuller: if i were to do this longterm what would your reccomendation be?
jurov: you'll be my special customer. I'm going to cater to your whims (no phonesex, tho)
mircea_popescu: thestringpuller ask him to get rid of css on coinbr :D
jurov: thestringpuller, yes i can
jurov: as long as you don't expect to do X transactions per second or more, then it's possible
thestringpuller: Ideally I would like to make trades without a website in honesty
thestringpuller: if you can make that happen jurov then it'll be worthwhile
jurov: OK, exporting json interface should not be a problem. i planned to do one anyway for mod6's adroid app
thestringpuller: cool, I won't flood it, i just want bot access because I can't be awake 24/7
jurov: so i guess you need to submit order/cancel/exercise, right?
jurov: any more data? everything other you'll use via browser?
assbot: [MPEX] [S.MPOE] 19651 @ 0.00047232 = 9.2816 BTC [-]
assbot: [MPEX] [S.MPOE] 22600 @ 0.00047189 = 10.6647 BTC [-]
assbot: [MPEX] [S.MPOE] 10336 @ 0.00047171 = 4.8756 BTC [-]
assbot: [MPEX] [S.MPOE] 44968 @ 0.00047257 = 21.2505 BTC [+]
smickles: thestringpuller: it turns out that the official number is 10.28, not 10.27
smickles: ;;calc ((11 - 10.28) / 10.28) * 48
smickles: thestringpuller: do you have a WoT identity?
assbot: [MPEX] [S.MPOE] 1182 @ 0.00047257 = 0.5586 BTC [+]
assbot: [MPEX] [S.MPOE] 14518 @ 0.00047171 = 6.8483 BTC [-]
assbot: [MPEX] [S.MPOE] [PAID] 1000000000 @ 0.00000063 = 630.31566629 BTC
assbot: [MPEX] [S.MPOE] 14846 @ 0.00047171 = 7.003 BTC [-]
assbot: [MPEX] [S.MPOE] 20302 @ 0.00047157 = 9.5738 BTC [-]
gribble: BTCUSD ticker | Best bid: 9.88026, Best ask: 9.96973, Bid-ask spread: 0.08947, Last trade: 9.97986, 24 hour volume: 98509.23509746, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.26302
assbot: [MPEX] [S.MPOE] 6898 @ 0.00047157 = 3.2529 BTC [-]
assbot: [MPEX] [S.MPOE] 20685 @ 0.00047066 = 9.7356 BTC [-]
assbot: [MPEX] [S.MPOE] 24217 @ 0.00047 = 11.382 BTC [-]
EskimoBob: any ideas what is going on with the BTC price?
mircea_popescu: bitinstant closed down ; some other service closed down
mircea_popescu: some people added significant hashpower and are probably selling the btc
EskimoBob: are ASIC test versions coming online?
EskimoBob: bitinstant? in google search I can see "BitInstant.com is currently down due to site revisions. All orders placed up to this point will process as normal. If you have any questions or issues feel free to ..." but when I go to the site, it looks OK
mircea_popescu: but the point is, two things take out usd from mkt, one thing adds more btc
assbot: [MPEX] [S.MPOE] 26700 @ 0.00046754 = 12.4833 BTC [-]
sgornick: mircea_popescu: Is the absense of recallable transaction history strategic, or just "haven't gotten to it"?
sgornick: Can I right now view all of my October transactions?
mircea_popescu: or if you never issued a stat in october, issue one and it's there
mircea_popescu: ya, mpex is not doing your accounting, you have to do that part yourself.
sgornick: How about transactions showing the exercise of options at expiration? Planned, or DIY?
mircea_popescu: the plain stat is scheduled for an overhaul, but this won't happen for a while yet to give people who are using it atm to provide 3rd party services to migrate to statjson first
sgornick: Enroute to HK, though may still need to return to JP.
mircea_popescu: people keep fearmongering re the us government, but my intel shows the chinese govt will be our real enemy.
assbot: [MPEX] [S.MPOE] 3636 @ 0.00046754 = 1.7 BTC [-]
assbot: [MPEX] [S.MPOE] 9451 @ 0.00046727 = 4.4162 BTC [-]
assbot: [MPEX] [S.MPOE] 22313 @ 0.00046693 = 10.4186 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 5 @ 0.1 = 0.5 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 5 @ 0.09390123 = 0.4695 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 7 @ 0.26 = 1.82 BTC [+]
assbot: [MPEX] [O.BTCUSD.C120T] 3 @ 0.09388415 = 0.2817 BTC [-]
gribble: BTCUSD ticker | Best bid: 10.27935, Best ask: 10.30000, Bid-ask spread: 0.02065, Last trade: 10.27935, 24 hour volume: 99354.61716662, 24 hour low: 9.74000, 24 hour high: 10.79978, 24 hour vwap: 10.20092
smickles: there fun to look at and think about
smickles: mircea_popescu: you know, i've been wondering, if someone setup a short straddle at the money with something like 20000 contracts on each leg, do you think it would stabilize the exchange rate for a while?
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.96946805 = 969.4681 BTC [+]
mircea_popescu: inasmuch as if they would have otherwise sold/bought on the mtgox market for sure.
assbot: [MPEX] [O.BTCUSD.P190T] 1000 @ 0.87084465 = 870.8447 BTC [+]
assbot: [MPEX] [O.BTCUSD.P180T] 1000 @ 0.77222124 = 772.2212 BTC [+]
assbot: [MPEX] [O.BTCUSD.P170T] 1000 @ 0.67359784 = 673.5978 BTC [+]
assbot: [MPEX] [O.BTCUSD.P160T] 1000 @ 0.57497444 = 574.9744 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 1000 @ 0.47635104 = 476.351 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 1000 @ 0.40221678 = 402.2168 BTC [+]
assbot: [MPEX] [O.BTCUSD.P130T] 1000 @ 0.33756736 = 337.5674 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 1000 @ 0.27658406 = 276.5841 BTC [+]
assbot: [MPEX] [O.BTCUSD.P110T] 1000 @ 0.22015212 = 220.1521 BTC [+]
smickles: ;;calc 12 / ((.27658406 * .998) +1)
smickles: ;;calc 11 / ((.22015212 * .998) +1)
smickles: ;;calc 13 / ((.33756736 * .998) +1)
smickles: ;;calc 14 / ((.40221678 * .998) +1)
smickles: ;;calc 15 / ((.47635104 * .998) +1)
smickles: should be breakeve numbers (in usd)
smickles: ;;calc 16 / ((.57497444 * .998) +1)
smickles: ;;calc 17 / ((.67359784 * .998) +1)
smickles: ;;calc 18 / ((.77222124 * .998) +1)
smickles: ;;calc 19 / ((.87084465 * .998) +1)
smickles: ;;calc 20 / ((.96946805 * .998) +1)
smickles: ;;calc 9.40416104058+9.01852376756+9.72404488124+9.98992197804+10.166745898+10.1663178393+10.1659401704+10.1656044882+10.1653041055+10.1650338278
smickles: mircea_popescu: does you bot adjust based on what it has bought and holds?
mircea_popescu: if it's one of the people who sold a lot in the dump it makes sense
smickles: shouldn't it adjust prices to try to acheive the most time resistant neutral position?, that way you can take advantage of the imbalance in the bot's portfolio and offer better prices to the opposing positions and worse prices to the ones that add more risk to you
mircea_popescu: how would it know what's more time-resistant neutral position ?
smickles: the greeks, assuming you have a volatility estimate
mircea_popescu: atm i have the capital to anchor. if it becomes a problem and the bot is too often sold out
mircea_popescu: then i'd prolly prefer adding more capital than following the mkt
mircea_popescu: what you're saying does make sense, in general. just, btc is yet too low volume and i don't trust half the quant analysis results
smickles: you wouldn't need to trust either, you should be able to encourage people to buy and sell your bot into a positon that makes btc when the market moves up down or sideways
smickles: like right now, with this idea, it should offer a worse price for all those puts, and a better price on the related calls
mircea_popescu: the rational thing for people to do is go in the midmarket imo
mircea_popescu: i mean, if you believe this you can go put your own CALL offers in there, neh ?
smickles: well, it doesn't work so well if you run out of capital to hedge with :(
smickles: well, i suppose i do already have half of the code for just such a bot already written
smickles: what's this statjson i heard mentioned?
smickles: mircea_popescu: so i could parse the stat easily?
assbot: [MPEX] [S.MPOE] 1971 @ 0.00046693 = 0.9203 BTC [-]
smickles: Diablo-D3: a bitinstant guy was detained
smickles: Diablo-D3: a stamp was in the wrong place, apparently
smickles: some sort of international travel thing
gribble: Current Blocks: 205220 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 411 blocks | Next Difficulty In About: 2 days, 15 hours, 14 minutes, and 54 seconds | Next Difficulty Estimate: 3265289.61742921 | Estimated Percent Change: 6.28084889018
assbot: [MPEX] [S.MPOE] 11900 @ 0.00046734 = 5.5613 BTC [+]
mircea_popescu: Diablo-D3 roger ver was detained in macau airport. apparently is on his way to hk atm
mircea_popescu: spent about a day and a half in airport detention. maybe he pulled a nefario, it's unclear yet.
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.96946805 = 969.4681 BTC [+]
assbot: [MPEX] [O.BTCUSD.P190T] 1000 @ 0.87084465 = 870.8447 BTC [+]
assbot: [MPEX] [O.BTCUSD.P180T] 1000 @ 0.77222124 = 772.2212 BTC [+]
assbot: [MPEX] [O.BTCUSD.P160T] 1000 @ 0.57497444 = 574.9744 BTC [+]
assbot: [MPEX] [O.BTCUSD.P170T] 1000 @ 0.67359784 = 673.5978 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 1000 @ 0.47635104 = 476.351 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 1000 @ 0.40206278 = 402.0628 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 1000 @ 0.33741273 = 337.4127 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 1000 @ 0.27643033 = 276.4303 BTC [-]
assbot: [MPEX] [O.BTCUSD.P110T] 1000 @ 0.22000167 = 220.0017 BTC [-]
assbot: [MPEX] [S.MPOE] 10916 @ 0.00046693 = 5.097 BTC [-]
assbot: [MPEX] [S.MPOE] 7784 @ 0.00046665 = 3.6324 BTC [-]
mircea_popescu: Maybe Phil will even sign up and answer your questions (but that may be a conflict of interest for him).
rg: that's the guy who messaged me on bitcointalk
mircea_popescu: "I also just got off the phone with Philip Moustakis. Nice guy. We chatted for about an hour."
assbot: [MPEX] [S.MPOE] 12400 @ 0.00046734 = 5.795 BTC [+]
assbot: [MPEX] [S.MPOE] 20635 @ 0.0004697 = 9.6923 BTC [+]
gribble: BTCUSD ticker | Best bid: 10.41001, Best ask: 10.44000, Bid-ask spread: 0.02999, Last trade: 10.41000, 24 hour volume: 104809.98028766, 24 hour low: 9.74000, 24 hour high: 10.70000, 24 hour vwap: 10.20577
FabianB_: my guess was that with C100 and 10 usd strike break even would be 0.1
jurov: no, call option profits when price *rises*... when BTCUSD price is X, you will get (X-10)/X when exercising one C100 option
assbot: [MPEX] [S.MPOE] 900 @ 0.00046707 = 0.4204 BTC [+]
jurov: so if you buy now at 0.277 , the price must be larger than ~13.7 for you to profitably exercise
FabianB_: ok, so for C110 it would be (x-11)/x
jurov: and exact breakeven for calls is at strike/(1-buyprice)
FabianB_: trying to figure out if it makes sense to buy options if i buy something with btc today (at a usd price), but in the end don't want to have less btc in my wallet, so buyin new btc few days later
FabianB_: but expect price between now and in 4 days to rise
mircea_popescu: if you expect price to rise then you want either long puts or short calls
FabianB_: hmm.. what if i dont care which way prices go, i just want to have same amount of btc in the end
FabianB_: but since fiat -> mtgox takes a while, i don't know how much fiat i have to send to mtgox
FabianB_: so buying an insurance for price change would make sense
mircea_popescu: but in what you say is implicit you do care which way prices go. that's why buying insurance for price changes makes sense.
FabianB_: price falling would be nice for me anyway, rising price would get me less btc if i don't hv options
FabianB_: if i have 100 btc now, spend 10 btc now and coz current price is 10 usd i send 100 usd to mtgox which will arive in a few days
jurov: mircea, why long puts in this case? they will get cheaper if btcusd rises, no?
FabianB_: so if usd price is at 12 in 4 days i could calculate what kind of long call i should buy to insure that
sgornick: A good place for the results to also be posted would be in that thread.
jurov: FabianB_, i guess none of currently offered mpoe calls will be profitable at 12
FabianB_: so options only make sens with big price changes?
jurov: unless there's some gentlemen who creates some for you ar such price
mircea_popescu: sgornick i guess you have a point. i recently switched my blog from romanian to english, so i kinda intend to make it the source for results. but i guess a link can't hurt anything.
jurov: fabian, i'd rephrase it so that nobody dares to offer them at better price
gribble: BTCUSD ticker | Best bid: 10.46505, Best ask: 10.51980, Bid-ask spread: 0.05475, Last trade: 10.46502, 24 hour volume: 96030.81201998, 24 hour low: 9.74000, 24 hour high: 10.83883, 24 hour vwap: 10.18519
FabianB_: ok, many ppl expect it to go towards 12 again
mircea_popescu: but in general : big price swings are better served by long positions. fine price movements are better served by short positions.
FabianB_: so i guess on traditional forex options have smaller price differences, coz e.g. usd<->eur price changes are smaller
assbot: [MPEX] [S.MPOE] 4900 @ 0.00046597 = 2.2833 BTC [-]
mircea_popescu: you don't often see eur gaining 5% over usd in 24 hours
mircea_popescu: this has happened like i dunno, a dozen time in btc this year
jurov: i'm in a bit of a risky mood and don't think price will be back at 12 in 4 days, would create approriate options for you as a proper broker would... but my head is spinning already
mircea_popescu: an important point tho is that you don't HAVE to take the bot offers
FabianB_: hehe, jurov, it was just an example now
FabianB_: but maybe i'll get back to that jurov if i really need it
mircea_popescu: so baked in is a convenience cost too. people don't seem to be doing nearly enough of their own offering, much prefering the instant execution of bot offer.
FabianB_: thinking about if btc would be worth if i'm a producer of some goods e.g. in china, for shippment to eur/us, e.g. payment in btc now, shippment in europe arives 40 days later, btc price in that time probably moved a lot
jurov: someday i ought to do myself few cups of extra strong coffee and do the maths...
mircea_popescu: FabianB_ would most definitely be worth it in that scenario.
mircea_popescu: cutting out the (significant) bank fees for letters of credit
FabianB_: mircea_popescu: yeah, that's cutting the bank fees, but introduces the risk of volatility, if i don't use option insurance
mircea_popescu: but out of the bank savings you can buy a lot of options insurance.
mircea_popescu: (such as, for instance, if the company goes bankrupt you can't be clawbacked
FabianB_: and instant transaction etc., can send the goods next day and not in 10 days when international wire arives..
FabianB_: mircea_popescu: what's the usual?
FabianB_: and then they do bulk transfer?
FabianB_: well, credit needs to be executed some time
FabianB_: so the 3rd party (bank) just hands it over to some other bank, or buys currency at the forex market for it or something
mircea_popescu: it's inconvenient and really mostly a relic from the pre ww2 days
mircea_popescu: provided, of course, the fucking chinese stop hussling people at macau.
FabianB_: yeah, traditional banks suck at international money transfer
FabianB_: is there more to read on that macau story?
FabianB_: macau is like hong kong an SAR, so the chinese central gov shouldn't have much to do with it
mircea_popescu: heh that's just a theory. in practice, they're very involved.
FabianB_: well, depends on which kind of question
assbot: [MPEX] [S.MPOE] 1608 @ 0.00046548 = 0.7485 BTC [-]
sgornick: mircea_popescu: If I used for trading on MPEx my main GPG key that I use for WoT (and has my e-mail address), can someone figure out what assets I own?
mircea_popescu: not unless either some servers are seriously broken into or someone cracks gpg
mircea_popescu: on the other hand, if you use a properly set up anon key nobody can ever figure it out, even if they owned all the servers in the world.
mircea_popescu: (also, you can link to specific sections in the faq by c/p ing the question number link)
sgornick: > you can link to specific sections in the faq <-- Fixed.
mircea_popescu: more like an "in general". that thing's monstrously large by now
mircea_popescu: i'd much prefer something a page or two long but it doesn't seem possible
sgornick: mpex.py needs an option to specify which key to sign with -- for gpg.encrypt( , , sign=signer_fingerprint)
assbot: [MPEX] [S.MPOE] 30430 @ 0.00046548 = 14.1646 BTC [-]
assbot: [MPEX] [S.MPOE] 14270 @ 0.00046529 = 6.6397 BTC [-]
jurov: sgornick, python-gnupg does not support that, sorry
mircea_popescu: actually there was a nightmare situation with one customer who somehow changed his default key in between having it registered and sending the first payment
jurov: i needed the second key to be used in chroot anyway so i did not hax around it
jurov: i don't remember, it was months ago... but as you see, at least on decryption you don't have any parameter there
mircea_popescu: actually... it might be time someone makes a pympex port for the latest python
assbot: [MPEX] [S.DICE] 29630 @ 0.003375 = 100.0013 BTC [-]
BTC-Mining: Oh wait, no, it's just Gladamas disguised for Halloween.
mircea_popescu: did pirate release the list of depositor names and emails yet ?
BTC-Mining: The Universe was created by The Conspirator. It's just one huge conspiracy.
mircea_popescu: your conspiratorial attempts to fool me into believing your conspiracies fail.
BTC-Mining: Worry not, for it make no difference whatsoever because everything is nothing and nothing is everything and nothing. It's all in your head. Be sure to keep it in there! Here, take a tinfoil hat.
BTC-Mining: Everyone are self-certifying conspirators. All truths are different and contradictory, but all truths nevertheless.
BTC-Mining: "Of course, any conclusions resulting from such work would be limited by the possibility that everything we think we understand about quantum chromodynamics, or simulations for that matter, could be flawed."
BTC-Mining: That... we basically can't prove if what we see is a simulation or not while testing and measuring from inside the simulation based on our knowledge of simulations.
BTC-Mining: We wouldn't know how things work outside the simulation.
BTC-Mining: And even if it's not a simulation... It's a universe with particles and a set of rules how they interact... It's basically the same as a simulation, but in more complex.
BTC-Mining: Simulation or not, seems like the same thing...
assbot: [MPEX] [S.MPOE] 15030 @ 0.00046529 = 6.9933 BTC [-]
assbot: [MPEX] [S.MPOE] 20900 @ 0.00046499 = 9.7183 BTC [-]
assbot: [MPEX] [S.MPOE] 9500 @ 0.00046477 = 4.4153 BTC [-]
assbot: [MPEX] [S.MPOE] 8412 @ 0.00046475 = 3.9095 BTC [-]
BTC-Mining: But I guess that would most closely define myself.
BTC-Mining: hmm, Windows 8 looks like THE shit. ("shit" being used pejoratively)
BTC-Mining: Thank you for spamming my Live inbox, Microsoft.
BTC-Mining: Seriously... what good is an OS where I can't have a clusterfuck of icons on a desktop?
Diablo-D3: <xfce> ACHIEVEMENT UNLOCKED: NO ICONS
mircea_popescu: <BTC-Mining> hmm, Windows 8 looks like THE shit. << that means great.
BTC-Mining: I have to use THE, meaning it's THE one.
Diablo-D3: seriously, I have icons turned off
BTC-Mining: Unfortunatly it conflicted with an idiom.
Diablo-D3: X exists to display multiple terms concurrently
mircea_popescu: and by date and by size and by their mother's pedigree
mircea_popescu: desktops are for people who use like... smartphones and shit like that.
BTC-Mining: Yeah, but I mean, how do you find specific files?
BTC-Mining: Assuming you can't remember the name for every thousand files you have...
BTC-Mining: Find is only useful when you know the filename.
BTC-Mining: I have that problem all the time. Web files, old game I want to play again, web images I want to get back editing on.
BTC-Mining: Eh. Well I order things on my desktop for easy access.
assbot: [MPEX] [S.MPOE] 11610 @ 0.00046475 = 5.3957 BTC [-]
assbot: [MPEX] [S.MPOE] 25738 @ 0.00046474 = 11.9615 BTC [-]
BTC-Mining: Well the problem with the desktop is files moving around when the screen resolution changes or moving files displacing other icons.
BTC-Mining: That and the desktop only have so many space...
BTC-Mining: But there's fixes for that. Windows is quite customizable.
BTC-Mining: Actually, let me get a screenshot of my desktop
assbot: [MPEX] [S.DICE] 20000 @ 0.003375 = 67.5 BTC [-]
BTC-Mining: I ended up using imgur. It managed not to freeze near the end.
BTC-Mining: I never really have to look around for what I want
BTC-Mining: I keep off the programs I don't use often but can at least remember the names for the start menu/search box.
BTC-Mining: For the rest, I just like to have organized folders, searching for files is too tedious.
BTC-Mining: Waiting for Nefario to release assets data...
kakobrekla: hehe, love how mpex makes their dump public while people wait for nefario to wake up
BTC-Mining: He wants all double payments back and then processing payments before proceeding with releasing information I get it.
assbot: [MPEX] [S.MPOE] 33278 @ 0.00046479 = 15.4673 BTC [+]
JWU42: yep - called him last week and he said the same...
assbot: [MPEX] [S.MPOE] 6622 @ 0.00046479 = 3.0778 BTC [+]
Diablo-D3: I dont really see a point in this though
Diablo-D3: parallel computing is already accessable to the masses
Diablo-D3: TOO MUCH MASTURBATION IS BAD FOR THE EYES
BTC-Mining: Once completed, the 64-core version of the Parallella computer would deliver over 90 GFLOPS of performance and would have the the horse power comparable to a theoretical 45 GHz CPU
Diablo-D3: well, maybe not that low of wattage
Diablo-D3: but high performance memory burns watts
kakobrekla: jeez, who are you talking to Diablo-D3
kakobrekla: i pasted a link so you can read this shit
Diablo-D3: kakobrekla: you have btc-mining on ignore?
kakobrekla: what does memory has to do with anything here
Diablo-D3: the $100 gcn is more powerful, but uses more watts
Diablo-D3: I imagine parallella has shit for memory
BTC-Mining: I don't really know cheap tho. Just stating compared to standalone consumer CPU/GPU specs and price.
Diablo-D3: also, parallella sounds like a food
Diablo-D3: BTC-Mining: cheap isnt magically good
Diablo-D3: not when people can buy parallel hardware already
Diablo-D3: and may even have it and not know it
BTC-Mining: and dev boards tending to be incredibly more expensive compared to consumer grade hardware.
Diablo-D3: parallel doesnt magically fix shit either
Diablo-D3: okay so, they're claiming 26 gigaflops on $99
Diablo-D3: a 7750, the smallest GCN, using the ddr3 model, does 819 gflops and has 55 max watts and costs $109
Diablo-D3: the smallest still in production 5xxx/69xx is a Cedar, the 7350, 104 gflops, 20 watts
Diablo-D3: no price avail because its OEM only
mircea_popescu: Diablo-D3 you know these ipos tend to be a lot of hype.
Diablo-D3: Im just saying here, cheap parallel hardware is already here
BTC-Mining: But can you really do everything you can do on a dev board on those?
Diablo-D3: I wrote a bitcoin miner, after all.
BTC-Mining: Yes... but not all good GPU are good at that. Basically only Radeon.
BTC-Mining: Because they're designed to do specific calculatations...
BTC-Mining: Would they be as performant for any task? Doesn't seem so. Aren't dev boards more like generic CPU for performing a larger variety of tasks?
assbot: [MPEX] [S.MPOE] 16237 @ 0.00046474 = 7.546 BTC [-]
assbot: [MPEX] [S.MPOE] 33763 @ 0.00046446 = 15.6816 BTC [-]
mircea_popescu: BTC-Mining i don't imagine parallella chips do so well at parallelizing "a variety" of tasks anyway
BTC-Mining: Well it would do a variety of tasks...
BTC-Mining: So a more generic processor would be preferable. Unless you want to do tasks a GPU is good for.
BTC-Mining: Then consumer grade GPU are pretty performant and cheap.
mircea_popescu: im sure it's better than a radeon vidcard in that sense
mircea_popescu: but reasonably if i wanted to do parallel processing i'd still just rent out a rack of boxes and use that.
BTC-Mining: Well yeah. Renting is cheaper and you don't need to buy the whole hardware.
BTC-Mining: But if you need to share it and use it all the time, a cheap one wouldn't be bad.
BTC-Mining: Wouldn't for example students benefit from having cheap dev board available?
smickles: OMG, mircea_popescu that statjson will make things so much easier, and the md5, but what exactly is the md5 of for each secton?
smickles: oh, fing windows, i can't test it with /n's in mind
smickles: i'll have to get back to my main macine
mircea_popescu: basically the point of the md5 is precisely to allow *some* armor hardening of the thing while still allowing it to be read like plain text
BTC-Mining: Well it's purely guesses and speculation on my part anyway. I don't really know anything about development and the need for dev boards.
smickles: well, seems like it can be utilized as a very quick and simple check for differences
mircea_popescu: smickles and also, seen the mpex db dump ? good insurance for customers, if they put a big order in also save a db dump :p
mircea_popescu: smickles and yes, that too, allows you to see fast which sections changed if you store prev hashes
mircea_popescu: it doesn't look like so much but a lot of work went into this thing actually.
assbot: [MPEX] [S.MPOE] 9478 @ 0.00046478 = 4.4052 BTC [+]
assbot: [MPEX] [S.MPOE] 22600 @ 0.0004655 = 10.5203 BTC [+]