0.065 BTC and i am not paying for the escrow fees
I agree with the price. While we are working out the details can we agree that the strike price floats at 201.35 above the current price? I see 448.65 as the current bitstamp price. How will the exercise price be determined? Yes, 201.35 above BSTMP. Settlement price will be the timestamp of the PM you send me when you want to settle, or else exactly april 15 23:59 59seconds GMT. Ok? Last trade from bitstamp ticker? yes the last price of the bitstamp ticker exactely before your PM timestamp. Ok? Also I am fine with all big escrows: tomatecage, danny, anon PM one of them and pay them and tell them to PM me directly. Timestamp after public post, okay? With PM to notify, but the public post is the determination. I'll get in touch with an escrow Ok, timestamp of post, but the post will only be valid if you send a pm with a link to it and a quote of the OP within 2 minutes. I don't really care about the opening time. How about I post, you quote, and it opens at the agreed margin. Hopefully we get this done soon. For the close we can just make this a european option and settle at the last trade on 4/15 GMT. I don't see a good reason to exercise this early anyway. We can also negotiate an early close out if we want of course. my quote was meant for early close. Yes i will post a timestamp for opening. European option is fine Okay working on escrow. |
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0.065 BTC and i am not paying for the escrow fees
I agree with the price. While we are working out the details can we agree that the strike price floats at 201.35 above the current price? I see 448.65 as the current bitstamp price. How will the exercise price be determined? Yes, 201.35 above BSTMP. Settlement price will be the timestamp of the PM you send me when you want to settle, or else exactly april 15 23:59 59seconds GMT. Ok? Last trade from bitstamp ticker? yes the last price of the bitstamp ticker exactely before your PM timestamp. Ok? Also I am fine with all big escrows: tomatecage, danny, anon PM one of them and pay them and tell them to PM me directly. Timestamp after public post, okay? With PM to notify, but the public post is the determination. I'll get in touch with an escrow Ok, timestamp of post, but the post will only be valid if you send a pm with a link to it and a quote of the OP within 2 minutes. I don't really care about the opening time. How about I post, you quote, and it opens at the agreed margin. Hopefully we get this done soon. For the close we can just make this a european option and settle at the last trade on 4/15 GMT. I don't see a good reason to exercise this early anyway. We can also negotiate an early close out if we want of course. |
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Oh just to clarify, the settlement BTC will also be calculated with the settlement price. Because we wont get in touch with escrow immediately after redemption.
Yes last trade on the ticker after the timestamp of the post for both the strike price (when opening the trade) and the settlement (when closing it). |
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0.065 BTC and i am not paying for the escrow fees
I agree with the price. While we are working out the details can we agree that the strike price floats at 201.35 above the current price? I see 448.65 as the current bitstamp price. How will the exercise price be determined? Yes, 201.35 above BSTMP. Settlement price will be the timestamp of the PM you send me when you want to settle, or else exactly april 15 23:59 59seconds GMT. Ok? Last trade from bitstamp ticker? yes the last price of the bitstamp ticker exactely before your PM timestamp. Ok? Also I am fine with all big escrows: tomatecage, danny, anon PM one of them and pay them and tell them to PM me directly. Timestamp after public post, okay? With PM to notify, but the public post is the determination. I'll get in touch with an escrow |
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0.065 BTC and i am not paying for the escrow fees
I agree with the price. While we are working out the details can we agree that the strike price floats at 201.35 above the current price? I see 448.65 as the current bitstamp price. How will the exercise price be determined? Yes, 201.35 above BSTMP. Settlement price will be the timestamp of the PM you send me when you want to settle, or else exactly april 15 23:59 59seconds GMT. Ok? Last trade from bitstamp ticker? |
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0.065 BTC and i am not paying for the escrow fees
I agree with the price. While we are working out the details can we agree that the strike price floats at 201.35 above the current price? I see 448.65 as the current bitstamp price. How will the exercise price be determined? |
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I put 1 BTC into escrow, and in the end you get 0.xx BTC depending on the price if it gets over 650$ . 0.xx being the (Actualprice-650$)/Actual Price = BTC you get if you exercise.
Yes I think you are right. That should work. What price would you want to write it? |
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If anyone is interested in trading OTC options, here's a central place for it.
I'll start by wanting to buy a standard american call on 1 BTC at 650 expires April 15
Anybody want to sell that call? You'll have to escrow the btc unless I trust you.
Settlement in BTC? What price do you offer? We can settle the premium in BTC certainly but I was thinking if it gets exercised then its an actual buy of BTC for USD. I don't have a price although I can think about one. I'm open to offers. Can't do the exercisement in USD, don't have any way to do that. If you change your mind, you can drop me a pm with a price offer. Take care I'm open to your suggestions but I don't see how to escrow otherwise. As stated, if the seller puts 1 BTC in escrow there is no counterparty risk here. |
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If anyone is interested in trading OTC options, here's a central place for it.
I'll start by wanting to buy a standard american call on 1 BTC at 650 expires April 15
Anybody want to sell that call? You'll have to escrow the btc unless I trust you.
Settlement in BTC? What price do you offer? We can settle the premium in BTC certainly but I was thinking if it gets exercised then its an actual buy of BTC for USD. I don't have a price although I can think about one. I'm open to offers. |
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If anyone is interested in trading OTC options, here's a central place for it.
I'll start by wanting to buy a standard american call on 1 BTC at 650 expires April 15
Anybody want to sell that call? You'll have to escrow the btc unless I trust you.
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Anyone can download a computer program that can make a move in a second that would beat 99% of players out there. You will always have cheating in online chess.  It is however a (possibly) good way to incentivize creating technology to win chess games, mostly against other technology, if you think that is interesting. (In 2014, probably not.) Go might be better. |
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BITMAIN: please put some Fragile stickers on the batch 2 orders before you ship them... they are obviously not as tough as the antminers.
Many thanks!
You're confused if you think shippers pay much attention to fragile stickers. You need to pack up the items so they don't get damaged from handling that doesn't damage the packaging. |
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At the very least you are going to need a better payment schedule than "whenever I want" along with demonstrated coverage for those payments.
If the loan is for a year (pretty long in BTC terms), then a reasonable payment schedule might be 10/52 per week, which would be almost 0.2 per week; a lot more than what you are planning to pay in interest.
Also have you considered a margin loan on your stock? That would be much lower interest than what you are proposing here. Why not do that?
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I know its been a long wait, but now it should only take about one more day to get a block. Just FYI.
Expect 1.2 days (as the web page says  ) Past mining doesn't effect when you will find a block ... Maybe he was too subtle, but that's the joke he was making.  If he written "I know its been a long wait, but I expect it should only take about one more day to get a block" it would have been funnier. And more accurate Also, we're 82% of the way there now. Almost done. |
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You guys should really not even try powering up one of these beasts without opening up the box and reseating all cards and connectors. Some things are just bound to shake loose after traveling halfway around the world, no matter how great the QC or packing. Applying power to a system with loose boards and/or cables can cause shorts that may blow out cards or the power supply. You should also tighten up all screws and make sure loose hardware hasn't fallen onto (or into) any electronics. The S1 is/was so successful powering up because of its simplicity, everything is screwed together except for three small ribbon cables.
Design flaw. There should be a bracket holding the boards in place, especially for something you're going to ship by design. Nevertheless what you say is true. |
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I know its been a long wait, but now it should only take about one more day to get a block. Just FYI.
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Its pretty easy to understand why a any btc settled option really doesn't work, at least not as insurance. It might still be okay as some sort of hedging vehicle.
Imagine tomorrow some unfixable crypto or game theory flaw is discovered with btc, and the value drops to zero. Someone holding insurance would really want to be paid off, but a btc payoff is worthless.
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Seasonic 1050W can take 3 miners? Yes. As you can see. I thought it says 1108W for 3 ants?  Anyway, why u don't overclock? Power supplies are rated by their output not their input. Input is always higher due to efficiency. That said I'd be careful with a 1050 PSU. Very close the limit. It might be work though. Personally I use 1200 W PSUs for 3x S1. |
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difficulty keeps increasing. I think faster than the pool hash. looks like people are bailing, so variance is going to get worse. will make it easier to get shares though.  M Actually we've been growing faster than difficulty for the past 1-2 months, and it hasn't increased yet this time (1-2 more days). Just bad luck is all there is to it. People bailing is likely true and unfortunate, but unavoidable. |
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It's my fault. I mentioned that the hash rate was up and we should expect fewer of these long rounds. I forgot the most important rule about luck which is you never talk about not having bad luck.
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