tmsr - Log 2013-01-02

gribble: BTCUSD ticker | Best bid: 13.26000, Best ask: 13.34000, Bid-ask spread: 0.08000, Last trade: 13.25551, 24 hour volume: 29045.23424401, 24 hour low: 13.16123, 24 hour high: 13.56100, 24 hour vwap: 13.34483

mircea_popescu: i guess there's a delay.

smickles: < mircea_popescu> ill pay a whole coin just to give smickles the headache of liquidating all that <<< i've been charging .75btc/hr for that service

mircea_popescu: to whom ?

smickles: mircea_popescu: Are you asking me to reveal the identity of my clients?

smickles: I don't think I've discussed that sort of thing with many of them, so I'll refrain from doing that

mircea_popescu: lol ok

mircea_popescu: i was just fishin

smickles: how about this:

smickles: anyone who I've done 'liquidation work' for, mircea_popescu want's to know you, in that way. speak up if you want to.

mircea_popescu: this way i can pay PsychoticBoy 1 btc to give the assets to those people so they can liquitate them using smickle's services

mircea_popescu: we're creating jobs here

mircea_popescu: i'm obama.

Bugpowder: I like the blog post. Strange convergence. I know rassah IRL from way back. Many parties were had

assbot: [MPEX] [S.MPOE] 600 @ 0.00064196 = 0.3852 BTC [+]

assbot: [MPEX] [S.MPOE] 1500 @ 0.00064448 = 0.9667 BTC [+]

mircea_popescu: o srsly ?

Bugpowder: pretty sure

mircea_popescu: i always suspected rassah = pretty hawt chick. is this a fact ?

Bugpowder: lol

Bugpowder: nope

mircea_popescu: aww. i guess my hawtchickometer is teh borkt.

assbot: [MPEX] [S.DICE] 4185 @ 0.00350267 = 14.6587 BTC [-]

Bugpowder: looks like the trading bots have started playing around on S.DICE

mircea_popescu: well, rassah is one of teh rota judges.

Bugpowder: he is one of my all time favorite people

mircea_popescu: cool!

mircea_popescu: so get him to come here lol

Bugpowder: the perfect addition to any party

Bugpowder: How do you get a dancefloor started?

Bugpowder: At a burning man event?

assbot: [MPEX] [S.MPOE] 1208 @ 0.00063008 = 0.7611 BTC [-]

assbot: [MPEX] [S.MPOE] 3192 @ 0.00062926 = 2.0086 BTC [-]

Bugpowder: Take a bunch of streamers and run circles around everyone who passes by until the dancefloor is packed

mircea_popescu: lol

smickles: evoorhees: welcome :)

evoorhees: heya

assbot: [MPEX] [S.MPOE] 4300 @ 0.00063572 = 2.7336 BTC [+]

mircea_popescu: o, the man of the hour

gigavps: un oh

gigavps: uh oh

mircea_popescu: lol that sounds classic.

mod6: weeee

gigavps: i'm only up 1500 btc on the site....

mircea_popescu: o, you can win playing ?

smickles: gigavps: uesed to be on the big winner list

smickles: so he says

smickles: *used

evoorhees: gigavps you and gowest are on my enemies list ;)

evoorhees: he made like 2000 off me recently

mircea_popescu: lol why take it so personal ?

mircea_popescu: big winners are a casino's best friend. they give everyone else hopes.

mircea_popescu: you should buy them free dices and whatnot.

gigavps: i only play when i'm drunk and happy

smickles: heh, win >1kbtc, get a free pair of loaded SD branded dice

gigavps: the dude betting 250 on 18% blew me off the leader board

gigavps: fucker

mircea_popescu: srsly, there should be sdice merchandising

mircea_popescu: like, a large dice with >1200 > 1800 etc on the sides

mircea_popescu: like an icosahedron or we

smickles: evoorhees: can i license the brand to sell dice?

evoorhees: good point mircea

evoorhees: smickles - if you're serious I'd love to make that happen, send me an email if so

evoorhees: erikvoorhees@gmail

assbot: [MPEX] [S.DICE] 255 @ 0.00351468 = 0.8962 BTC [+]

assbot: [MPEX] [S.DICE] 1000 @ 0.00351468 = 3.5147 BTC [+]

assbot: [MPEX] [S.DICE] 1150 @ 0.00351468 = 4.0419 BTC [+]

evoorhees: S.DICE dividend is going out in a matter of minutes fyi

leenak: evoorhees: you run sdice?

evoorhees: I have a hand in it, yes

leenak: very cool

leenak: It's pretty popular these days, no?

assbot: [MPEX] [S.DICE] 145 @ 0.00351468 = 0.5096 BTC [+]

mircea_popescu: lol last minute s.dice buy

evoorhees: leenak yeah it's been pretty popular since May, but last two months has picked up further

assbot: [MPEX] [S.DICE] 318 @ 0.00351487 = 1.1177 BTC [+]

assbot: [MPEX] [S.DICE] 682 @ 0.00351487 = 2.3971 BTC [+]

assbot: [MPEX] [S.DICE] 1150 @ 0.00351538 = 4.0427 BTC [+]

assbot: [MPEX] [S.DICE] 2777 @ 0.0035377 = 9.8242 BTC [+]

assbot: [MPEX] [S.DICE] 1647 @ 0.00362951 = 5.9778 BTC [+]

assbot: [MPEX] [S.DICE] 1500 @ 0.00363509 = 5.4526 BTC [+]

assbot: [MPEX] [S.DICE] 4244 @ 0.00363721 = 15.4363 BTC [+]

assbot: [MPEX] [S.DICE] 1456 @ 0.00363721 = 5.2958 BTC [+]

assbot: [MPEX] [S.DICE] 1650 @ 0.00364582 = 6.0156 BTC [+]

assbot: [MPEX] [S.DICE] 2100 @ 0.00364968 = 7.6643 BTC [+]

assbot: [MPEX] [S.DICE] 1210 @ 0.00366141 = 4.4303 BTC [+]

assbot: [MPEX] [S.DICE] 1603 @ 0.00367283 = 5.8875 BTC [+]

assbot: [MPEX] [S.DICE] 2200 @ 0.00368216 = 8.1008 BTC [+]

assbot: [MPEX] [S.DICE] 1700 @ 0.0036855 = 6.2654 BTC [+]

assbot: [MPEX] [S.DICE] 3081 @ 0.0037 = 11.3997 BTC [+]

evoorhees: lol who waited this long to buy it?

mod6: haha, *shrug* someone wanted MOAR though

mod6: !ticker S.DICE

assbot: [MPEX:S.DICE] 1day: 0.00350267 / 0.00358702 / 0.0037 (89122 shares, 319.68 BTC), 30day: 0.0014 / 0.00327514 / 0.0037 (12775543 shares, 41,841.76 BTC)

mircea_popescu: i guess a gambler...

Bugpowder: damn. I was going to buy more S.DICE

Bugpowder: at .0035

Bugpowder: guess I missed the op

mircea_popescu: evoorhees just announced div imminent and some buys happened

mircea_popescu: or to quote, <evoorhees> lol who waited this long to buy it?

Bugpowder: i wus eating dinner

assbot: [MPEX] [S.DICE] [PAID] 10000000 @ 0.0000001 = 1 BTC

Bugpowder: shit

Bugpowder: too slpw

evoorhees: dividend paid!

mircea_popescu: lol 1 btc teh shizzil

evoorhees: 1,720 btc

thestringpuller: mr. voorhees himself

mircea_popescu: 17206.4488847 total ftr.

evoorhees: mircea is that a bug?

mircea_popescu: evoorhees assbot is borkt, getting fixed soon.

evoorhees: k

mircea_popescu: gets confuzeled reading divs

evoorhees: Happy new year shareholders ;)

kakobrekla: is no bug mp pays us 1 btc

kakobrekla: though life

Bugpowder: Thanks!

evoorhees: I think that was about 5% yield in one month

Bugpowder: yeah

mircea_popescu: !ticker s.dice

assbot: [MPEX:S.DICE] 1day: 0.00350267 / 0.00358702 / 0.0037 (89122 shares, 319.68 BTC), 30day: 0.0014 / 0.00327514 / 0.0037 (12775543 shares, 41,841.76 BTC)

mircea_popescu: ;;calc 17206.4488847/ 0.00327514

gribble: 5253652.93841

Bugpowder: Looking pretty good for this month too:)

mircea_popescu: 5.25%

Bugpowder: already up 10,000

thestringpuller: daaamn

Bugpowder: bwah haha ha

thestringpuller: go go gadget satoshi dice

Bugpowder: that +10,000 today should probably dampen any S.DICE dumps

evoorhees: yeah that happened as I was going to sleep last night... was drunk from new years eve party so number looked all blurry on my phone, but when I woke up I discovered it was true

mircea_popescu: lol

mircea_popescu: Bugpowder i dun see any dumps.

Bugpowder: Man I was puming up S.DICE at some parties last night

Bugpowder: Another FTC lawyer was there

Bugpowder: She thought FTC would not move on boitcoins

Bugpowder: but another agency might

mircea_popescu: ya, it's the consensus in washington atm :

mircea_popescu: no agency will move on sdice but another one might

Bugpowder: FBI or tresaury

Bugpowder: lol

mircea_popescu: as if it were a fucking bureaucracy or something

Bugpowder: people got other shit to worry about

mircea_popescu: treasury thinks ss

mircea_popescu: fbi has no resources, someone else shoudl do it

mircea_popescu: exactly.

Bugpowder: terrorism

thestringpuller: how would they move on bitcoin in the states?

mircea_popescu: buy some.

thestringpuller: that costs?

evoorhees: SatoshiDice is not a US entity, is not hosted in the US, and does not use US currency

mircea_popescu: evoorhees topic was bitcoin in general tho

kakobrekla: where are you hosted btw

evoorhees: and in fact, it is impossible to stop US players from using it (since SD cannot prevent a payment to a bitcoin address)... so it'd be an interesting case

evoorhees: hosted in Ireland

kakobrekla: which dc?

mircea_popescu: why ireland ? just so it happened or any particular reason ?

evoorhees: Ireland has reasonable legal leeway for online gambling

evoorhees: but it was somewhat arbitrary... just needed to be outside the US

Bugpowder: Nice month for my bitcoin fund

Bugpowder: up 19.6% in BTC terms

mircea_popescu: ;;ticker

gribble: BTCUSD ticker | Best bid: 13.30413, Best ask: 13.35574, Bid-ask spread: 0.05161, Last trade: 13.30413, 24 hour volume: 28326.50349508, 24 hour low: 13.16123, 24 hour high: 13.56000, 24 hour vwap: 13.33695

mircea_popescu: incredibly stable

mircea_popescu: i'd have expected some crazy swings with the halving

mircea_popescu: but mum's the word.

pizzaman1337: ASICs might destabilize it a bit

assbot: [MPEX] [S.DICE] 517 @ 0.00350284 = 1.811 BTC [-]

mircea_popescu: heh. asics ain't happening jus' yet.

Bugpowder: DUMPANG

Bugpowder: Hmmm

Bugpowder: time to put in a stink bid I think...

smickles: anyone who want's to short, i have some to lend :)

mircea_popescu: omg conspiraci.

mircea_popescu: you know, it's actually this bad in euros these days.

smickles: What did s.dice drop to last time? 14?

mircea_popescu: well it sold that low, but it didn't last

smickles: looks like 18 is the floor this time

mircea_popescu: Bugpowder the 10k it's ahead this month tho... significant deviation from the expected value. it may drop some

smickles: .py import time; time.time()

smickles: oh, not this chan anymore ? :(

Bugpowder: it may

Bugpowder: but it is expected to keep going up

Bugpowder: :(

Bugpowder: :)

Bugpowder: just more slowly

mircea_popescu: well, no, statistically it's expected to converge to ev

Bugpowder: no

Bugpowder: statistically its expected to continue to grow at ev

Bugpowder: from this baseline

mircea_popescu: how does that work ?!

Bugpowder: what has happened

Bugpowder: has happened

mircea_popescu: ya but it converges to ev over ALL time-space continuums

markedathome: evoorhees: is the balance on the sd app supposed to reflect that of the amount in the deposit address?

Bugpowder: all future bets converge to ev

Bugpowder: but we are over ev

markedathome: but shouldn't ev be busy with twitter?

Bugpowder: and that is independent

mircea_popescu: any section of bets converge to ev, no matter how arbitrarily picked out of the timeline

Bugpowder: of any future bets

Bugpowder: the EV of this month is 10,000 + future bets *0.019

mircea_popescu: fuck this is actually true

evoorhees: markedathome: yes, correct

mircea_popescu: markedathome btw, you might be interested in http://trilema.com/2013/the-question-of-the-year-in-btc/

mircea_popescu: iirc you knew shit about the blockchain

markedathome: mircea_popescu: read it but slightly too late at night for me to make any effective ideas.

mircea_popescu: not like there's any rush

markedathome: maybe pirate / slush-hack / bitcoinica-hack?

mircea_popescu: ya someone was suggesting pirate as a main bettor

mircea_popescu: tho tbh i doubht he ever walked away with that much coin

Bugpowder: maybe a rich gambling addict

mircea_popescu: he walked away with the trollish satisfaction of having tricked a buncha people, sure.

markedathome: mircea_popescu: snorted it all accosrding to that chat log

mircea_popescu: lol

Bugpowder: The story of veganhippie on seals for example

mircea_popescu: i dun know that 1

markedathome: evoorhees: the sd app is out of sync by about 0.05, possibly caused by a crash that happened that took out the machine (machine not the app), so don't know if app is misreading something somewhere

Bugpowder: Apparently (pre-seals) he got people to stake him $220,000 for a series of about 50 tourneys. After a few tourneys, he started gambling on the side with the money

Bugpowder: lost it all

Bugpowder: without playing in almost any tournies

Bugpowder: he is a very risky better on seals

mircea_popescu: lol

Bugpowder: and big bankroll

mircea_popescu: 220k ?

Bugpowder: heh

mircea_popescu: but anyway, sounds like typical gambling addict.

Bugpowder: I think he already lost it

Bugpowder: must have got more

mircea_popescu: i knew a guy like that, his defining moment being when he spent one week geting together 50k to participate in a casino tournament

mircea_popescu: got there half hour early

mircea_popescu: lost it all in bj

mircea_popescu: couldn't participate in tournament.

Bugpowder: eheh

mircea_popescu: and the thing is... he was a great poker player, he was a worse bj player than most girls i know

mircea_popescu: and he knew this

mircea_popescu: but... half an hour.

mircea_popescu: one of those can't do math but feels people through a closed door types.

Bugpowder: !ticker S.DICE

assbot: [MPEX:S.DICE] 1day: 0.00350267 / 0.00358644 / 0.0037 (88939 shares, 318.97 BTC), 30day: 0.0014 / 0.00327513 / 0.0037 (12771137 shares, 41,827.18 BTC)

assbot: [MPEX] [S.MPOE] 7727 @ 0.00063572 = 4.9122 BTC [+]

assbot: [MPEX] [S.MPOE] 7100 @ 0.00063572 = 4.5136 BTC [+]

assbot: [MPEX] [S.MPOE] 12500 @ 0.00064448 = 8.056 BTC [+]

assbot: [MPEX] [S.MPOE] 3700 @ 0.00065 = 2.405 BTC [+]

Bugpowder: fuck

Bugpowder: S.DIEC

Bugpowder: only up 2k for the month now

Bugpowder: a string of good fortune

Bugpowder: for the whale

mircea_popescu: lol

mircea_popescu: i recall our little convo above re statistixc

kakobrekla: :>

assbot: [MPEX] [S.DICE] 2648 @ 0.00355562 = 9.4153 BTC [+]

assbot: [MPEX] [S.DICE] 1893 @ 0.00359775 = 6.8105 BTC [+]

assbot: [MPEX] [S.DICE] 700 @ 0.00350284 = 2.452 BTC [-]

assbot: [MPEX] [S.DICE] 1293 @ 0.00359775 = 4.6519 BTC [+]

assbot: [MPEX] [S.DICE] 514 @ 0.00359775 = 1.8492 BTC [+]

assbot: [MPEX] [S.DICE] 573 @ 0.00361924 = 2.0738 BTC [+]

assbot: [MPEX] [S.DICE] 4100 @ 0.00361924 = 14.8389 BTC [+]

assbot: [MPEX] [S.DICE] 1433 @ 0.00350284 = 5.0196 BTC [-]

assbot: [MPEX] [S.DICE] 1494 @ 0.00350267 = 5.233 BTC [-]

assbot: [MPEX] [S.DICE] 1773 @ 0.00349228 = 6.1918 BTC [-]

assbot: [MPEX] [O.BTCUSD.C120T] 1 @ 0.11992171 BTC [-]

assbot: [MPEX] [O.BTCUSD.P120T] 1 @ 0.01569055 BTC [-]

assbot: [MPEX] [S.DICE] 4267 @ 0.00349766 = 14.9245 BTC [+]

assbot: [MPEX] [S.DICE] 319 @ 0.00349228 = 1.114 BTC [-]

assbot: [MPEX] [S.DICE] 814 @ 0.00348588 = 2.8375 BTC [-]

kakobrekla: nite

assbot: [MPEX] [S.DICE] 10 @ 0.00356343 = 0.0356 BTC [+]

assbot: [MPEX] [S.DICE] 80 @ 0.00356343 = 0.2851 BTC [+]

assbot: [MPEX] [S.DICE] 2010 @ 0.00356343 = 7.1625 BTC [+]

assbot: [MPEX] [S.DICE] 890 @ 0.00361221 = 3.2149 BTC [+]

assbot: [MPEX] [S.DICE] 1053 @ 0.00359376 = 3.7842 BTC [-]

assbot: [MPEX] [S.DICE] 1247 @ 0.00359126 = 4.4783 BTC [-]

assbot: [MPEX] [S.DICE] 1920 @ 0.00364437 = 6.9972 BTC [+]

assbot: [MPEX] [S.DICE] 2280 @ 0.00366038 = 8.3457 BTC [+]

assbot: [MPEX] [S.MPOE] 3595 @ 0.00063292 = 2.2753 BTC [-]

assbot: [MPEX] [S.MPOE] 12505 @ 0.00063408 = 7.9292 BTC [+]

mircea_popescu: http://picostocks.com/

mircea_popescu: lol teh mpex style is win.

mircea_popescu: where art thou ye bootstrap believers!

assbot: [MPEX] [S.MPOE] 7228 @ 0.00062926 = 4.5483 BTC [-]

assbot: [MPEX] [S.MPOE] 11527 @ 0.00062902 = 7.2507 BTC [-]

assbot: [MPEX] [S.MPOE] 495 @ 0.00062874 = 0.3112 BTC [-]

kakobrekla: mpex style with 500 lines of css?

kakobrekla: how does taht work

mircea_popescu: badly.

assbot: [MPEX] [S.DICE] 4250 @ 0.00359126 = 15.2629 BTC [-]

jcpham: i like <font size="-1">

jcpham: can i see moar of

mircea_popescu: actually i don't see why people don't go full blast and declare e**-i font sizes

mircea_popescu: that's what you have browsers for, no ?

mircea_popescu: https://bitcointalk.org/index.php?topic=91173.msg1422891#msg1422891

mircea_popescu: so apparently asic has something delivered.

assbot: [MPEX] [S.DICE] 3445 @ 0.00365486 = 12.591 BTC [+]

assbot: [MPEX] [S.MPOE] 4850 @ 0.00062874 = 3.0494 BTC [-]

jcpham: i'm about to go rotate/replace gpus in the datacenter

jcpham: i hate it everytime i do that

mircea_popescu: lol

jcpham: headless linux gpu mining rigs are particular

jcpham: especially once the ARDS MOVE AROUND

jcpham: it's going to end up beina a big pita for 700MH/s

assbot: [MPEX] [S.DICE] 1505 @ 0.00365486 = 5.5006 BTC [+]

assbot: [MPEX] [S.DICE] 220 @ 0.00366038 = 0.8053 BTC [+]

assbot: [MPEX] [S.DICE] 1793 @ 0.0036707 = 6.5816 BTC [+]

mircea_popescu: 700 mh/s !?

mircea_popescu: it already is a big pita for that.

jcpham: +700 MH/s off my hashrate

jcpham: i need to replace/rma one

mircea_popescu: a

jcpham: but i'll probably end up having to rebuild one because of the weird mix of cards in the one rig

jcpham: like a 6970, 6950, and 7870

jcpham: i have rigs i built that were the same components, and i have some that are like used junk cars

jcpham: this one is a used junk car

assbot: [MPEX] [S.MPOE] 9271 @ 0.00062874 = 5.829 BTC [-]

Guest42668: mircea_popescu: i solved the bounty

Guest42668: 100 btc please

assbot: [MPEX] [S.DICE] 457 @ 0.0036707 = 1.6775 BTC [+]

assbot: [MPEX] [S.DICE] 1800 @ 0.00367109 = 6.608 BTC [+]

assbot: [MPEX] [S.DICE] 2143 @ 0.00367193 = 7.8689 BTC [+]

mircea_popescu: thestringpuller link ?

thestringpuller: i kid but srsly i have info

thestringpuller: i work probono

mircea_popescu: so post it

thestringpuller: soon. i need to trace further back.

thestringpuller: i think i can pin point it to a single chunk of btc

thestringpuller: if dice is betting with itself...then its very good at obfuscating

thestringpuller: how about I give you my results and you write the whitepaper? ;)

assbot: [MPEX] [S.DICE] 657 @ 0.00367193 = 2.4125 BTC [+]

assbot: [MPEX] [S.DICE] 2896 @ 0.00369999 = 10.7152 BTC [+]

assbot: [MPEX] [S.DICE] 1087 @ 0.0037 = 4.0219 BTC [+]

mircea_popescu: you can just post a comment under the article

mircea_popescu: plenty of people there might carry it further.

Ukto: wait

Ukto: is Evoorhees part of bitinstant ?

Ukto: with yankee ?

kakobrekla: man, i always read that as "ever hoes"

Ukto: I keep reading it as e-whorees

kakobrekla: ;;tslb

gribble: Time since last block: 50 minutes and 52 seconds

mircea_popescu: Ukto yea

Ukto: mircea_popescu: partners ?

Ukto: I might have to pull some strings then...

mircea_popescu: well yes, hes' listed on the page and all.

mircea_popescu: what strings be those ?

jcpham: https://bitcointalk.org/index.php?topic=131778.msg1430691#msg1430691

jcpham: derp

mircea_popescu: lol

Namjies: ?

Namjies: Hello by the way

kakobrekla: My dad is die and my wife's dad is die.

kakobrekla: My mother do not have money to send me, she is living other city and contains my little brother.

kakobrekla: My wife's mother is living other city and contains my wife's little brother and my wife's litte sister.

kakobrekla: i know i know its sad, but its also a bit funny.

mircea_popescu: Namjies was re jcpham earlier.

Ukto: "Our current superconducting 128-qubit processor chip is housed inside a cryogenics system within a 10 square meter shielded room." wow

mircea_popescu: kakobrekla i actually sent the guy monyz.

kakobrekla: you did?

jcpham: ?

mircea_popescu: yeah.

thestringpuller: Ukto: i pull the strings!!!

kakobrekla: 0.001?

kakobrekla: a tease then.

Ukto: thestringpuller: Nuuu

kakobrekla: or was it 5btc?

mircea_popescu: kakobrekla 5 btc

kakobrekla: mircea_HOOD_popescu

mircea_popescu: jcpham http://polimedia.us/dtng/c/res/283.html there.

mircea_popescu: hood ? why hood ?

kakobrekla: hood, robin hood

mircea_popescu: lol

mircea_popescu: "The problem with geologists is that they invented such a complicated language that it would be easier to understand a half-naked Papuan stepping out of a jungle in the Stone Age than a bunch of dressed-up geologists attending a conference in Vancouver or Toronto – well, unless they step out of the room to grab a beer and begin taking on mundane subjects like good bars, sports, and field equipment."

mircea_popescu: wtf who allows all these idiots on the internet.

Namjies: The low price of an internet connection allows them.

Namjies: That's all it requires

kakobrekla: rich doesnt mean not idiot

Ukto: btw kakobrekla

Ukto: did mtgox shut off api 0 ?

kakobrekla: Ukto ya

Ukto: asshats..

Ukto: did you ever find good docs?

kakobrekla: there are none

Namjies: It's not an absolute, but there's high correlation.

Namjies: The opposite is not true however.

kakobrekla: Ukto here https://bitcointalk.org/index.php?topic=133829.msg1424948#msg1424948

kakobrekla: i concider this about the same as 'go fuck yourself'

kakobrekla: anyway i have more important things to do and a year of backlog

Namjies: I find it interesting that I'm starting to get reasonable interest on loans.

mircea_popescu: blame mpbor

kakobrekla: whats the size of mpbor these days

mircea_popescu: 4.9 last iirc

kakobrekla: 5k?

Namjies: mpbor carries risk?

kakobrekla: 5k, that i can beat :>

mircea_popescu: 4.9%

mircea_popescu: and yes namjies

kakobrekla: no, the size i wonder

kakobrekla: amount of coinage

Namjies: I prefer to sell PUT options

Bugpowder: fiscal cliff

kakobrekla: 50k?

Namjies: I'm getting early SatoshiDice kind of interest charged.

PsychoticBoy: fiscal cliff would be good for Europe, lets hope for it

Namjies: or about 1% per month

Namjies: Even less, actually

Namjies: + the 200% loan value in assets guarantee is gone

Bugpowder: Well, my Intermediate bond index fund has an SEC yield of 1.5% a year, so sounds like you are doing well.

Namjies: I'd prefer 1.5% a year

Namjies: I'm the bond issuer.

Namjies: But going under 1% per month on BTC, I'll consider it an achievement.

assbot: [MPEX] [S.DICE] 3000 @ 0.00359126 = 10.7738 BTC [-]

mircea_popescu: kakobrekla size was from 40k btc to like 7ish

kakobrekla: hum?

kakobrekla: went down from 40 to 7 now?

kakobrekla: how come?

Bugpowder: price stability?

Bugpowder: not much volatility in exchange rate last month

Bugpowder: order in which the contracts were bot or sold?

mircea_popescu: it's odd cause it traded about the same # of contracts, roughly

kakobrekla: what does the size of the fund has to do with that?

mircea_popescu: maybe 15% less

mircea_popescu: but much more capital intensive

mircea_popescu: kakobrekla the capital needed simply reflects the widest berth mpoe bot ever takes.

Bugpowder: yeah, but if you are well balananced in exposure throughout the period, the the bond requirements will be lower

mircea_popescu: you can trade millions of btc's worth within the same 100btc space in principle

Bugpowder: yeah

mircea_popescu: Bugpowder in principle it could make a million btc on 0 capital.

Bugpowder: well

Bugpowder: maybe 1btc

mircea_popescu: so it fluctuates widely.

Bugpowder: I finally read how its calculated

mircea_popescu: well... admitting someone sells and someone buys simultaneously.

mircea_popescu: obviously this is a theoretical proposition

Bugpowder: ;;ticker

gribble: BTCUSD ticker | Best bid: 13.26991, Best ask: 13.34999, Bid-ask spread: 0.08008, Last trade: 13.34999, 24 hour volume: 14943.19679685, 24 hour low: 13.21100, 24 hour high: 13.40000, 24 hour vwap: 13.31395

assbot: [MPEX] [S.DICE] 1750 @ 0.0037 = 6.475 BTC [+]

mircea_popescu: incidentally, this is a rarely well written and entertaining article http://www.nytimes.com/2011/05/15/magazine/mag-15Gold-t.html

Namjies: That IS a nice article

mircea_popescu: yeah

rashid: PURCHASE BITCOINS RIGHT NOW INSTANTLY WITH YOUR DEBIT/CREDIT CARD AND PAYPAL GO TO WWW.BITCOINBERUDECHANGE.COM NO SIGN UP AT ALL JUST WIZ THROUGH IT SPREAD THE WORD !!!!

mircea_popescu: i even dropped the author a line let him know. so rare these days

rashid: PURCHASE BITCOINS RIGHT NOW INSTANTLY WITH YOUR DEBIT/CREDIT CARD AND PAYPAL GO TO WWW.BITCOINBERUDECHANGE.COM NO SIGN UP AT ALL JUST WIZ THROUGH IT SPREAD THE WORD !!!!

Namjies: It's the "beru de change" thing... these guys don't know how to spell "bureau de change"

Namjies: Someone suggested it was instead "Be Rude"

mircea_popescu: haha

Bugpowder: Yeah that was a great article

Bugpowder: one of my favs

mircea_popescu: you read it ?!

mircea_popescu: kakobrekla seems the ban failed ?

assbot: [MPEX] [S.MPOE] 27684 @ 0.00062874 = 17.406 BTC [-]

assbot: [MPEX] [S.MPOE] 816 @ 0.00062839 = 0.5128 BTC [-]

Bugpowder: yes I read it back when it came out

Bugpowder: NYT addict

Bugpowder: forwarded it to my gold bug friends too

mircea_popescu: cool

mircea_popescu: i used to read the nyt like in the 90s

mircea_popescu: these days the press is kinda gone

assbot: [MPEX] [S.MPOE] 610 @ 0.00063408 = 0.3868 BTC [+]

assbot: [MPEX] [S.MPOE] 19233 @ 0.00064091 = 12.3266 BTC [+]

assbot: [MPEX] [S.MPOE] 3300 @ 0.00064243 = 2.12 BTC [+]

jurov: it reminded me of a story by Jack London a bit

jurov: can't remember its name.

assbot: [MPEX] [S.MPOE] 12225 @ 0.00064243 = 7.8537 BTC [+]

assbot: [MPEX] [S.MPOE] 7288 @ 0.00065 = 4.7372 BTC [+]