Forum logs for 17 May 2013
Saturday, 23 November, Year 11 d.Tr. | Author: Mircea Popescu
assbot | [HAVELOCK] [ASICM] 1 @ 0.0185 BTC [+] | [00:00] |
jurov | whats with these americans. karpeles uses existing company to move money and thinks it will be fine | [00:00] |
jurov | cuz the company was not doing it before, so all shall be fine | [00:01] |
ThickAsThieves | is Mark american? | [00:01] |
ThickAsThieves | he seems awfully foreign | [00:01] |
ThickAsThieves | other than all the pizza | [00:01] |
davout | http://www.fincen.gov/financial_institutions/msb/msbstateselector.html | [00:01] |
ThickAsThieves | no bulbul | [00:02] |
ThickAsThieves | no campbx | [00:02] |
davout | look for bitinstant | [00:02] |
davout | you'll find them | [00:02] |
davout | the form is real :D | [00:02] |
ThickAsThieves | bitfloor is there | [00:03] |
davout | vim donations thread : http://bitcointalk.org/index.php?topic=207559.new#new | [00:04] |
ThickAsThieves | ;;tslb | [00:04] |
ThickAsThieves | ;;bc,stats | [00:04] |
gribble | Time since last block: 38 minutes and 33 seconds | [00:04] |
gribble | Current Blocks: 236501 | Current Difficulty: 1.1187257461360792E7 | Next Difficulty At Block: 237887 | Next Difficulty In: 1386 blocks | Next Difficulty In About: 1 week, 2 days, 7 hours, 14 minutes, and 53 seconds | Next Difficulty Estimate: 12088604.5602 | Estimated Percent Change: 8.05691 | [00:04] |
ThickAsThieves | ;;nethash | [00:04] |
gribble | 84042.4848453 | [00:04] |
mircea_popescu | it dropped ?! | [00:04] |
ThickAsThieves | it was too new | [00:04] |
ThickAsThieves | to be accurate | [00:04] |
ThickAsThieves | before | [00:04] |
ThickAsThieves | ;;estimate | [00:05] |
gribble | Next difficulty estimate | 12088604.5602 based on data since last change | 11740420.3571 based on data for last three days | [00:05] |
ThickAsThieves | or | [00:05] |
ThickAsThieves | it dropped | [00:05] |
ThickAsThieves | :/ | [00:05] |
jurov | any prediction for difficulty for July 17? | [00:05] |
ThickAsThieves | likely AM will be mining at 250TH by then | [00:05] |
* | olive_ has quit (Quit: olive_) | [00:05] |
ThickAsThieves | likely Avalon batch 2 will have shpped as well | [00:05] |
ThickAsThieves | also possible some avalon chips will be in use | [00:06] |
ThickAsThieves | my prediction: quite high | [00:06] |
WILLdude | Hello | [00:06] |
ThickAsThieves | oh | [00:06] |
ThickAsThieves | i almost forgot BitFury | [00:07] |
ThickAsThieves | masters of the universe | [00:07] |
assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.0172 = 0.0344 BTC [+] | [00:07] |
jurov | ThickAsThieves: would you buy iDiff-O July shares at 0.18? | [00:08] |
ThickAsThieves | hmm | [00:08] |
ThickAsThieves | i'd need to run the numbers | [00:08] |
ThickAsThieves | but possibly | [00:08] |
ThickAsThieves | what date | [00:09] |
jurov | July 17 | [00:09] |
ThickAsThieves | so 5 or 6 diff changes | [00:10] |
ThickAsThieves | yeah | [00:10] |
ThickAsThieves | i'd probly buy | [00:10] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.75 BTC [-] | [00:11] |
jurov | ok, there won't be many at that price, i'll let know when i'm done | [00:11] |
ThickAsThieves | i'm tied up | [00:12] |
ThickAsThieves | atm | [00:12] |
ThickAsThieves | would need 4-12hrs | [00:12] |
* | gesell has quit (Quit: Leaving.) | [00:14] |
* | samson_ (~ukru@183.89.19.50) has joined #bitcoin-assets | [00:14] |
* | PsychoticBoy has quit (Quit: Ik ga weg) | [00:18] |
assbot | [HAVELOCK] [VTX] 27 @ 0.4449 = 12.0123 BTC [+] | [00:18] |
* | bitbuyer_m (~bitbuyer_@173-11-123-94-SFBA.hfc.comcastbusiness.net) has joined #bitcoin-assets | [00:18] |
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assbot | [MPEX] [S.MPOE] 4321 @ 0.00066975 = 2.894 BTC [-] | [00:22] |
assbot | [MPEX] [S.MPOE] 9379 @ 0.00067001 = 6.284 BTC [+] | [00:22] |
assbot | [HAVELOCK] [VTX] 2 @ 0.445 = 0.89 BTC [+] | [00:27] |
* | WILLdude has quit (Ping timeout: 256 seconds) | [00:27] |
assbot | [HAVELOCK] [ASICM] 20 @ 0.01849 = 0.3698 BTC [-] | [00:30] |
* | bitbuyer_m has quit (Ping timeout: 248 seconds) | [00:31] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.774999 BTC [+] | [00:31] |
* | forwardskew has quit () | [00:33] |
* | bitbuyer_m (~bitbuyer_@173-11-123-94-SFBA.hfc.comcastbusiness.net) has joined #bitcoin-assets | [00:33] |
assbot | [HAVELOCK] [ASICM] 312 @ 0.0181 = 5.6472 BTC [-] | [00:34] |
assbot | [HAVELOCK] [ASICM] 19 @ 0.018 = 0.342 BTC [-] | [00:34] |
assbot | [HAVELOCK] [ASICM] 169 @ 0.0177 = 2.9913 BTC [-] | [00:34] |
* | diana_coman has quit (Quit: Leaving) | [00:36] |
Namworld | Would like to bulk buy a bit of SatoshiDice shares if anyone is selling at a discount. | [00:37] |
* | Chilca (~Chilca@67-203-147-98.static-ip.telepacific.net) has joined #bitcoin-assets | [00:37] |
jurov | lol they are already selling at a discount | [00:38] |
jurov | and what about G.MPOE? i'm slowly taking over the passthrough just by virtue of having sole bid at 0.00055 :D | [00:39] |
assbot | [BTCTC] [ASICMINER-PT] 5 @ 1.774999 = 8.875 BTC [+] | [00:39] |
assbot | [BTCTC] [TAT.ASICMINER] 4 @ 0.0172 = 0.0688 BTC [+] | [00:40] |
jurov | https://bitfunder.com/asset/CoinBr.iDiff-O July is open. All cheaper shares than 0.195 were bought out by TAT. | [00:41] |
assbot | [HAVELOCK] [ASICM] 1 @ 0.0181 BTC [+] | [00:42] |
* | Now talking on #bitcoin-assets | [12:41] |
* | Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading, I heard. | [12:41] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Tue May 14 16:38:49 2013 | [12:41] |
* | Luke-Jr has quit (Excess Flood) | [12:41] |
* | Luke-Jr (~luke-jr@unaffiliated/luke-jr) has joined #bitcoin-assets | [12:42] |
assbot | [BTCTC] [TAT.ASICMINER] 21 @ 0.01775 = 0.3728 BTC [+] | [12:46] |
assbot | [BTCTC] [TAT.ASICMINER] 65 @ 0.01773 = 1.1525 BTC [-] | [12:53] |
assbot | [BTCTC] [S.DICE-PT] 4 @ 0.002577 = 0.0103 BTC [+] | [12:55] |
assbot | [BTCTC] [S.BBET-PT] 25 @ 0.019 = 0.475 BTC [+] | [12:59] |
assbot | [BTCTC] [TAT.ASICMINER] 17 @ 0.01773 = 0.3014 BTC [-] | [13:03] |
assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.01775 = 0.0888 BTC [+] | [13:04] |
assbot | [BTCTC] [MININGCO.ETF] 2 @ 0.73 = 1.46 BTC [-] | [13:07] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01775 BTC [+] | [13:08] |
assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.01775 = 0.0888 BTC [+] | [13:08] |
* | Luke-Jr has quit (Excess Flood) | [13:12] |
* | Luke-Jr (~luke-jr@unaffiliated/luke-jr) has joined #bitcoin-assets | [13:13] |
assbot | [BTCTC] [TAT.ASICMINER] 83 @ 0.01775 = 1.4733 BTC [+] | [13:16] |
* | sasso has quit (Remote host closed the connection) | [13:17] |
* | sasso (~SM@193.77.166.201) has joined #bitcoin-assets | [13:18] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.81 = 3.62 BTC [+] | [13:20] |
assbot | [BTCTC] [TAT.ASICMINER] 18 @ 0.0178 = 0.3204 BTC [+] | [13:20] |
* | sasso has quit (Ping timeout: 256 seconds) | [13:22] |
assbot | [BTCTC] [TAT.ASICMINER] 70 @ 0.0179 = 1.253 BTC [+] | [13:22] |
assbot | [BTCTC] [TAT.ASICMINER] 70 @ 0.01795 = 1.2565 BTC [+] | [13:22] |
assbot | [BTCTC] [TAT.ASICMINER] 27 @ 0.01795 = 0.4847 BTC [+] | [13:27] |
* | sasso (~SM@193.77.166.201) has joined #bitcoin-assets | [13:39] |
assbot | [BTCTC] [TAT.ASICMINER] 13 @ 0.01795 = 0.2334 BTC [+] | [13:43] |
assbot | [HAVELOCK] [ASICM] 552 @ 0.0181 = 9.9912 BTC [+] | [13:46] |
mircea_popescu | https://bitcointalk.org/index.php?topic=186043.0;all | [13:46] |
mircea_popescu | that thread is so much win | [13:46] |
davout | we shouldn't do racist jokes | [13:47] |
davout | racism is a crime | [13:47] |
davout | and crime is for niggers | [13:47] |
Chaang-Noi | lol | [13:47] |
assbot | [HAVELOCK] [ASICM] 374 @ 0.0181 = 6.7694 BTC [+] | [13:48] |
assbot | [BTCTC] [GSDPT] 5 @ 0.00253 = 0.0127 BTC [-] | [13:48] |
assbot | [BTCTC] [GSDPT] 1 @ 0.00252 BTC [-] | [13:48] |
mircea_popescu | haha | [13:50] |
mircea_popescu | is that chapelle ? | [13:50] |
mircea_popescu | https://bitcointalk.org/index.php?topic=173433.msg2178901#msg2178901 | [13:50] |
mircea_popescu | pietila is back! | [13:50] |
Chaang-Noi | yes | [13:50] |
Chaang-Noi | did you see his post about being in the insane lock up or whatever? | [13:50] |
Chaang-Noi | he had a meltdown it seems | [13:51] |
Chaang-Noi | his rontus guy, seems as crazy as he is... | [13:51] |
mircea_popescu | pretty lol honestly now. | [13:52] |
mircea_popescu | paypal never had this quality of trolling. | [13:52] |
mircea_popescu | and believe it or not, trolling is culture. | [13:52] |
davout | dumb people don't know how to troll | [13:53] |
Chaang-Noi | im very aware trolling is a fine art | [13:53] |
mircea_popescu | and moreover, take any bit of preserved literacy, what is it ? | [13:53] |
mircea_popescu | anything voltaire ever wrote, is it not trolling ? | [13:53] |
davout | the very bitcoin project is trolling banks and haters since day 1 | [13:54] |
mircea_popescu | Eine logisch-mathematische Untersuchung uber den Begriff der Zahl , what is that ? | [13:54] |
mircea_popescu | is it not trolling ? | [13:54] |
Chaang-Noi | i trolled theymos, got banned for it, was good times | [13:54] |
mircea_popescu | swift's modest proposal, trolling through and through. | [13:54] |
Chaang-Noi | but honestly im not sure reptillia is trolling, i think he might really be crazy | [13:55] |
Chaang-Noi | dullusions of self grandure, if he is trolling he gets 10/10 | [13:55] |
mircea_popescu | it's spelled delusions you know | [13:55] |
mircea_popescu | and grandeur | [13:55] |
Chaang-Noi | i dont bother with speelling "correctly" | [13:56] |
Chaang-Noi | im happy if you understand my ideas :) | [13:56] |
Chaang-Noi | Update | [13:58] |
Chaang-Noi | The mass production of Block Erupter USB is to be done today. | [13:58] |
Chaang-Noi | 00t | [13:58] |
Chaang-Noi | 10,000 usb stick at hmm... 2 btc each... not bad not bad at all | [13:58] |
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Chaang-Noi | http://merlinsmagicbitcoins.com/ lol wtf? | [14:01] |
mircea_popescu | ya totally. | [14:03] |
* | gesell (~user@p200300454E02BF018D9ABB0D2171B4D0.dip0.t-ipconnect.de) has joined #bitcoin-assets | [14:04] |
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assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01795 BTC [+] | [14:08] |
* | parseval (~parseval@ool-457cead8.dyn.optonline.net) has joined #bitcoin-assets | [14:09] |
* | daybyter (~andreas@88-134-92-113-dynip.superkabel.de) has joined #bitcoin-assets | [14:09] |
furuknap | Yeah, I can't wait to rush in. I get a seat at a round table! Weeee! | [14:16] |
mircea_popescu | o hallo | [14:17] |
jurov | As for safety, I do not know any official classification of this place, but my gut feeling is that in order for anyone (which means, anyone) to take me out of here alive, it requires an operation that cannot be planned in secret, and the lead time is minimum 48 hours. If dead, it can be achieved relatively quickly, but there will be considerable (100,000+) collateral damage if the success needs to be achieved at a greater than 75% probability. | [14:18] |
jurov | reptilia needs some kind of serius recognition for this | [14:18] |
mircea_popescu | jurov he got it didn't he | [14:19] |
mircea_popescu | "Bitcoin's master troll to date" | [14:19] |
jurov | yes, sth like that | [14:19] |
* | saulimus (~someone@a82-197-2-14.mpynet.fi) has joined #bitcoin-assets | [14:20] |
mircea_popescu | course it'd be important to discern if the safety is designated or actual. | [14:20] |
jurov | OMFGLBBQ: My experiences tell that even the patients here are eager to buy by the truckload, as soon as they get into the position to do so. | [14:20] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.81 BTC [+] | [14:21] |
assbot | [HAVELOCK] [ASICM] 178 @ 0.0181 = 3.2218 BTC [+] | [14:22] |
Chaang-Noi | not sure how reptillia can be a supernode he is going to try and bull a satoshi | [14:22] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.82 = 3.64 BTC [+] | [14:22] |
Chaang-Noi | 1.82 nice | [14:22] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.83 BTC [+] | [14:23] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.83 BTC [+] | [14:23] |
Chaang-Noi | an attack on 120? | [14:23] |
jurov | sorry for spamming I really cannot even: I sent only a 2-ppl detachment to the Bay area, but they are my Ambassadors and have full authority to spend as many bitcoins as deemed necessary to subdue all, as well as I myself am subdued under the authority of Finnish government right now. | [14:24] |
* | Guest33836 has quit (Quit: Colloquy for iPhone - http://colloquy.mobi) | [14:24] |
Chaang-Noi | i wonder if he got jailed cuz he did not pay the hotel, then went crazy | [14:24] |
jurov | Bay Area Surrenders to Risto de Silver I. | [14:25] |
mircea_popescu | jurov o may gawd | [14:26] |
assbot | [BTCTC] [TAT.ASICMINER] 19 @ 0.01795 = 0.3411 BTC [+] | [14:26] |
Chaang-Noi | https://bitcointalk.org/index.php?topic=206948.0;topicseen man, this looks like a scam waiting to happen | [14:26] |
mircea_popescu | Chaang-Noi it's all over the scam forum already | [14:27] |
Chaang-Noi | oh | [14:28] |
Chaang-Noi | ihad him on ignore for a month now cuz i thought he was a scammer | [14:28] |
Chaang-Noi | ripple is perfect for scammers, shocked this was not done sooner | [14:28] |
mircea_popescu | i don't think he's a scammer, he seems like a kid with mostly good ideas ocasionally getting ahead of himself. | [14:29] |
furuknap | You mean tradefortress? | [14:29] |
mircea_popescu | furuknap yeah | [14:29] |
Chaang-Noi | he wanted to do a trade with me with out escrow, red flags went up, just m gut reaction | [14:29] |
mircea_popescu | jurov if tortilla actually comes to timisoara do you want early warning to show up ? | [14:29] |
jurov | yes pls | [14:30] |
Chaang-Noi | why would he go? | [14:30] |
mircea_popescu | it will cost you 1337 megabictoinz | [14:30] |
mircea_popescu | Chaang-Noi because he has correctly identified me as the most important entity in btc ? | [14:30] |
Chaang-Noi | lol | [14:30] |
Chaang-Noi | he trolled you into thinking that? | [14:31] |
* | furuknap has quit (*.net *.split) | [14:31] |
mircea_popescu | ahh that was too good to pass on | [14:31] |
jurov | np, i'll pay in s.mpoe microshares | [14:31] |
* | furuknap (585a3e24@gateway/web/freenode/ip.88.90.62.36) has joined #bitcoin-assets | [14:31] |
* | furuknap has quit (Quit: Page closed) | [14:31] |
assbot | [BTCTC] [TAT.ASICMINER] 80 @ 0.01798 = 1.4384 BTC [+] | [14:31] |
Chaang-Noi | reptillia wants to be a supper node, but he just be crazy... | [14:32] |
ThickAsThieves | micro AM shares are the real currency du jour | [14:32] |
assbot | [BTCTC] [TAT.ASICMINER] 16 @ 0.01798 = 0.2877 BTC [+] | [14:32] |
* | furuknap (585a3e24@gateway/web/freenode/ip.88.90.62.36) has joined #bitcoin-assets | [14:32] |
assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.01799 = 0.036 BTC [+] | [14:32] |
assbot | [BTCTC] [TAT.ASICMINER] 67 @ 0.01799 = 1.2053 BTC [+] | [14:32] |
ThickAsThieves | friggin price is bubbling too fast... | [14:33] |
assbot | [BTCTC] [TAT.ASICMINER] 100 @ 0.018 = 1.8 BTC [+] | [14:33] |
mircea_popescu | Chaang-Noi you're just butthurt that he's not ivisting indochina or w/e unhard of bumfuck | [14:33] |
assbot | [BTCTC] [TAT.ASICMINER] 20 @ 0.018 = 0.36 BTC [+] | [14:33] |
assbot | [BTCTC] [TAT.ASICMINER] 46 @ 0.01807 = 0.8312 BTC [+] | [14:33] |
mircea_popescu | ThickAsThieves that's why they're no good as currency. smpoe is bubbling slow. | [14:33] |
Chaang-Noi | investing indo china? | [14:33] |
mircea_popescu | voseting! | [14:33] |
mircea_popescu | i that we don't care about spoaling | [14:33] |
assbot | [BTCTC] [TAT.ASICMINER] 200 @ 0.01807 = 3.614 BTC [+] | [14:33] |
Chaang-Noi | even my only investment is in china, and that is asic miner | [14:34] |
* | Uglux (~Uglux@port-92-204-80-67.dynamic.qsc.de) has joined #bitcoin-assets | [14:34] |
Chaang-Noi | asic miner seems to be kicking ass, so make fun of asia all you want, you and super node have fun making out :) | [14:34] |
mircea_popescu | see ? you're bubblebutthurt | [14:34] |
Chaang-Noi | ;;asks 120 | [14:34] |
gribble | There are currently 4776.8374 bitcoins offered at or under 120.0 USD, worth 573088.28631 USD in total. | Data vintage: 0.0038 seconds | [14:35] |
Chaang-Noi | yes i am so jelly of you and supernode being bbf | [14:35] |
assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.01807 = 0.0361 BTC [+] | [14:36] |
mircea_popescu | http://polimedia.us/dtng/c/src/136878931844.jpg | [14:36] |
Chaang-Noi | turkey? | [14:37] |
mircea_popescu | ya | [14:37] |
Chaang-Noi | always nice to see the muslium star and cresent at the white house... | [14:38] |
Chaang-Noi | s.dice is starting to ban us ip addresses, true or fud? | [14:38] |
Uglux | land of the free | [14:39] |
davout | fo | [14:39] |
Chaang-Noi | so the only thing eric does in a year of development is ban 1/2 its users, hmm | [14:40] |
davout | from the website | [14:40] |
mircea_popescu | americans don't belong on the internet anyway | [14:40] |
assbot | [HAVELOCK] [SDICE] 1 @ 0.187 BTC [-] | [14:41] |
davout | like i repeated like 10 times now, some investor large enough to give a fuck about it will simply clone the website and make it available in the US without erik being able to do jack shit about it | [14:41] |
Uglux | there are clones already | [14:41] |
davout | of SD or of its website? | [14:42] |
mircea_popescu | Uglux he means that it's trivial to make 500 s.dice websites | [14:43] |
mircea_popescu | as unauthorised copies. | [14:43] |
mircea_popescu | ie, the banning is toothless. | [14:43] |
davout | mircea_popescu: yup, wasn't sure if he meant cloning the concept or its website | [14:43] |
ThickAsThieves | maybe so | [14:43] |
ThickAsThieves | but the banning is certainly not progress | [14:44] |
mircea_popescu | depends in what perspective. | [14:44] |
davout | so basically no one cares, zero fucks given | [14:44] |
mircea_popescu | it removes possibly the largest argument the us could have brought. | [14:44] |
davout | ThickAsThieves: it is a nice marketing stunt | [14:44] |
mircea_popescu | in that, it is progress. | [14:44] |
ThickAsThieves | marketing ploy, progress, or one more nail in the coffin, whichever it is, I'm over it for now :) | [14:45] |
assbot | [BTCTC] [S.BBET-PT] 1 @ 0.019 BTC [+] | [14:45] |
mircea_popescu | " To say that a young woman has a vagina or that she has sexual intercourse is an affront to her modesty that is not tolerated. The correct and expected reference is to her cunt and to fucking." | [14:45] |
mircea_popescu | this in nigeria apparently | [14:46] |
mircea_popescu | because english was the language of the upper class white people, and so it is respectable | [14:46] |
* | Tritonio (~Tritonio@cust-208-22.on5.ontelecoms.gr) has joined #bitcoin-assets | [14:48] |
assbot | [MPEX] [S.MPOE] 1050 @ 0.00066737 = 0.7007 BTC [-] | [14:53] |
assbot | [MPEX] [S.MPOE] 3700 @ 0.00066687 = 2.4674 BTC [-] | [14:53] |
Chaang-Noi | The meeting with the doctor ended in a mutual agreement that I am too manic to continue posting on this forum. | [14:54] |
Chaang-Noi | his newest post... https://bitcointalk.org/index.php?topic=174620.msg2179552#msg2179552 | [14:54] |
pigeons | yay rpietella | [14:54] |
pigeons | if he "eats his medicine" he won't be able to see bitcoin visions anymore | [14:54] |
mircea_popescu | lol | [14:56] |
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mircea_popescu | i wonder if there's going to be a forum ambassador nao | [14:56] |
Chaang-Noi | rontus already posted i the thread | [14:57] |
mircea_popescu | is it the same guy ? | [14:57] |
Chaang-Noi | i think its his main assistant | [14:57] |
assbot | [HAVELOCK] [ASICM] 317 @ 0.01810998 = 5.7409 BTC [+] | [14:58] |
Chaang-Noi | https://bitcointalk.org/index.php?action=profile;u=16424 | [14:58] |
mircea_popescu | Date Registered: May 31, 2011, 06:28:02 AM | [14:58] |
mircea_popescu | dude gtfo, this is something awful. | [14:58] |
Chaang-Noi | "I am one of the hosts for this summit." | [14:58] |
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mircea_popescu | i guess i will have to yield my sa trolling competition. | [14:58] |
mircea_popescu | they certainly did a lot better than any of teh bitcoin ppl on their own forum. | [14:59] |
Chaang-Noi | " | [14:59] |
Chaang-Noi | I met Risto for the first time last autumn in some Bitcoin related stuff." | [14:59] |
mircea_popescu | yaya | [14:59] |
Chaang-Noi | if this guy is AS and reptillia too, mad props, sending 93k usd as part of a trolling operation is epic shit | [14:59] |
mircea_popescu | they got the bitcoin neh ? | [15:00] |
mircea_popescu | no big deal, i'm sure people wanting to buy btc can be found. | [15:00] |
mircea_popescu | and this worked otc. | [15:00] |
Chaang-Noi | sure but really, if this was just a troll buying 700 btc is pretty into it | [15:01] |
Chaang-Noi | 10/10 for sure | [15:01] |
mircea_popescu | ya but i guess if the goons got together | [15:01] |
mircea_popescu | they might have been able to find someone who wanted to buy 100k worth of btc and didn't know how. | [15:01] |
mircea_popescu | but yes, certainly epic shit. | [15:01] |
Chaang-Noi | yeah it can be done, sure. im just impressed, but i still dont think he is a troll, just a nutter | [15:01] |
Chaang-Noi | a nutter who shockingly got locked up | [15:02] |
assbot | [BTCTC] [ASICMINER-PT] 5 @ 1.84 = 9.2 BTC [+] | [15:02] |
mircea_popescu | i am inclined to think it's goonery by now. | [15:02] |
mircea_popescu | Chaang-Noi he said so, we don't know he actually has. | [15:02] |
furuknap | After reading a bit now, I vote for nutter too. | [15:02] |
mircea_popescu | how many nutters actually admit to being locked up ? | [15:02] |
mircea_popescu | maybe 1 in 100 | [15:02] |
assbot | [BTCTC] [ASICMINER-PT] 5 @ 1.8495 = 9.2475 BTC [+] | [15:03] |
ThickAsThieves | when it's just mild schizophrenias I think it's easy to know you are messed up | [15:03] |
mircea_popescu | "Shit, if a tall and beautiful woman shows up at a Bitcoin conference we're all doomed anyway. " | [15:03] |
Chaang-Noi | yeah, i understand, im not 100% sure but id say 70% he is just a crazy | [15:03] |
mircea_popescu | lmao all these noobs. | [15:03] |
mircea_popescu | mpoe-pr is like 5foot9 | [15:03] |
assbot | [HAVELOCK] [ASICM] 216 @ 0.01849 = 3.9938 BTC [+] | [15:04] |
Chaang-Noi | 5 foot 9 is tall for there? | [15:04] |
mircea_popescu | ?! | [15:04] |
Chaang-Noi | short? | [15:05] |
ThickAsThieves | fairly common in the US | [15:05] |
mircea_popescu | Thailand 167.5 cm (5' 5.9") 157.3 cm (5' 1.9") | [15:05] |
mircea_popescu | what the fuck you on about goatboy | [15:05] |
Chaang-Noi | i know asians are shorter, i live here | [15:05] |
mircea_popescu | so then what "for there" ? | [15:06] |
mircea_popescu | Sweden 180 cm (5' 10.9") 166.9 cm (5' 5.7") | [15:06] |
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mircea_popescu | apparently 5foot 9 is tall for sweden | [15:06] |
Chaang-Noi | if you cout all the other races, she is white right? | [15:06] |
Chaang-Noi | anyway, i gota go for a bit, peace | [15:06] |
mircea_popescu | sweden is white... | [15:07] |
pigeons | once you go black... | [15:07] |
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mircea_popescu | must suck to be black and with a normal penis these days | [15:08] |
pigeons | so disappointing | [15:08] |
assbot | [BTCTC] [COGNITIVE] 1 @ 0.220001 BTC [-] | [15:12] |
assbot | [BTCTC] [COGNITIVE] 1 @ 0.22 BTC [-] | [15:12] |
assbot | [BTCTC] [COGNITIVE] 1 @ 0.211 BTC [-] | [15:12] |
assbot | [BTCTC] [COGNITIVE] 2 @ 0.21001 = 0.42 BTC [-] | [15:12] |
assbot | [MPEX] [S.MPOE] 6300 @ 0.00066937 = 4.217 BTC [+] | [15:12] |
assbot | [BTCTC] [COGNITIVE] 4 @ 0.210001 = 0.84 BTC [-] | [15:12] |
assbot | [BTCTC] [COGNITIVE] 10 @ 0.21 = 2.1 BTC [-] | [15:13] |
Chaang-Noi | cognitive sell off, hmm | [15:16] |
mircea_popescu | what's cognitive again ? | [15:16] |
Chaang-Noi | rpietilla post two more if anyone cares | [15:17] |
Chaang-Noi | cognitive is a smallish mining operations with mostly gpus and some fpgas | [15:17] |
Chaang-Noi | they have invested into bfl and are going to invest in avalon | [15:17] |
Chaang-Noi | i ahve some as a hedge against AM | [15:17] |
Chaang-Noi | i hold 5% of the company and got in at an average prioce of .11 so im pretty happy | [15:17] |
mircea_popescu | However I will still be able to breathe inside the house, plus drink and eat reasonably well. So my lifestyle, which was originally fit for a king, is still fit for a travelling salesman. | [15:18] |
mircea_popescu | it's pretty good. | [15:18] |
mircea_popescu | Chaang-Noi well i dunno if 5btc counts as a selloff if they have an actual business then. | [15:18] |
Chaang-Noi | yeah its just the most action downward i have seen from them in a while | [15:18] |
Chaang-Noi | they do have a real business, and ahve been around a long time, but they are not exactly racking in the btc at this point | [15:19] |
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pigeons | "Annina Rusila, Personal Secretary. Annina is helping Roni to achieve the mission. She is travelling single. For the reason that she is in close cooperation with Roni, though, she is not allowed to smoke during the conference (except if/when Roni sends her to solitary mission)." | [15:19] |
Chaang-Noi | i think it is over valued, its only to protect myself from a sudden bfl shipping, however it is looking less and less likely that that will happen any time soon | [15:19] |
mircea_popescu | solitary msision ?! | [15:20] |
mircea_popescu | "annina go jack off" ? | [15:20] |
Chaang-Noi | when that guy worked with me about the wire he was very professional and seemed sane | [15:20] |
Chaang-Noi | "1.5 class Bitcoin Supernode," | [15:21] |
Chaang-Noi | fuck, i forget his rankings... i wonder what i am... | [15:22] |
assbot | [BTCTC] [ASICMINER-PT] 4 @ 1.85 = 7.4 BTC [+] | [15:22] |
Chaang-Noi | 1.85, nice | [15:23] |
assbot | [BTCTC] [TAT.ASICMINER] 100 @ 0.01807 = 1.807 BTC [+] | [15:28] |
assbot | [HAVELOCK] [ASICM] 15 @ 0.01848 = 0.2772 BTC [-] | [15:31] |
Scrat | http://i.imgur.com/JiYOga7.jpg | [15:32] |
Scrat | lol | [15:32] |
Chaang-Noi | old buy good | [15:32] |
Chaang-Noi | but | [15:32] |
Scrat | i am new to the world of supernodes | [15:32] |
Chaang-Noi | ahh | [15:32] |
Chaang-Noi | mp is a supernode | [15:33] |
Scrat | rename this channel to bitcoin-supernode | [15:33] |
Chaang-Noi | we should! | [15:33] |
assbot | [BTCTC] [TAT.ASICMINER] 9 @ 0.01807 = 0.1626 BTC [+] | [15:36] |
Chaang-Noi | http://www.npr.org/blogs/alltechconsidered/2013/05/15/184223110/new-rifle-on-sale | [15:36] |
Chaang-Noi | want has | [15:36] |
assbot | [BTCTC] [ASICMINER-PT] 6 @ 1.85 = 11.1 BTC [+] | [15:36] |
assbot | [BTCTC] [TAT.ASICMINER] 150 @ 0.01807 = 2.7105 BTC [+] | [15:36] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.85 = 3.7 BTC [+] | [15:36] |
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Chaang-Noi | 22k damn | [15:37] |
assbot | [HAVELOCK] [ASICM] 1 @ 0.01848 BTC [-] | [15:37] |
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assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.85 = 3.7 BTC [+] | [15:42] |
furuknap | That rifle really just needs to know _who_ to shoot, and it would be perfect. | [15:42] |
Chaang-Noi | :) | [15:45] |
furuknap | 1.85. People are nuts. | [15:46] |
Chaang-Noi | it is under valued :) | [15:46] |
ThickAsThieves | I agree | [15:47] |
ThickAsThieves | but | [15:47] |
furuknap | Can't be. | [15:47] |
ThickAsThieves | I do wish it would slow down a lil | [15:47] |
furuknap | It's priced now as to not stand a chance in 2016. That'll kill a lot of dreams... | [15:48] |
furuknap | There must be a serious correction or a lot of people are going to be very angry at the cat. | [15:49] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.859 BTC [+] | [15:49] |
ThickAsThieves | furuknap | [15:50] |
furuknap | Yes, dear? | [15:50] |
ThickAsThieves | you assert your opinions and guesses like they are facts | [15:50] |
ThickAsThieves | this will bite you in the ass | [15:50] |
furuknap | It's just math. | [15:50] |
ThickAsThieves | and stop you from having persective | [15:50] |
ThickAsThieves | perspective | [15:50] |
ThickAsThieves | no | [15:50] |
ThickAsThieves | math is just one piece | [15:51] |
ThickAsThieves | share value is much more than ROI | [15:51] |
furuknap | No, it's the entire basis of myu perspective. I realize that suckers will follow the herd, but that's really not how I want to do business. | [15:51] |
ThickAsThieves | your logic would require nearly all investors to be suckers | [15:52] |
ThickAsThieves | in all markets | [15:52] |
ThickAsThieves | it would also make you a sucker | [15:52] |
furuknap | No, it wouldn't, and that kind of argument isn't really effective. There's a major difference of evaluating risk and not standing a chance in hell. | [15:52] |
furuknap | Right now, we're rapidly trending towards negative ROI if friedcat achieves everything he says. That's not a chance in hell. | [15:53] |
furuknap | I can understand people being passionate, I just don't want to pay ฿1 for ฿0.5. | [15:53] |
ThickAsThieves | I'm not going to debate you too hard on all this, I have been watching your posts and made my own opinions about your predispositions | [15:53] |
ThickAsThieves | you are your own worst enemy | [15:53] |
ThickAsThieves | and self-righteous without warrant | [15:54] |
assbot | [BTCTC] [ASICMINER-PT] 4 @ 1.859 = 7.436 BTC [+] | [15:54] |
Uglux | http://imgur.com/i7kB7EO freshly mined innocent coins will be worth a lot soon(tm) | [15:54] |
furuknap | Like I said, I based my opinions on math, nothing more. | [15:54] |
ThickAsThieves | I recommend hardcore perspective | [15:54] |
furuknap | Actually, I would favor in the direction of risk, but right now, there isn't risk, it's suicide. | [15:54] |
ThickAsThieves | ask yourself "okay, i have made my analysis, now how could I make myself totally wrong" | [15:55] |
ThickAsThieves | then weigh both sides | [15:55] |
furuknap | I've been doing that, three ways over. | [15:55] |
ThickAsThieves | yet you sold too soon | [15:55] |
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furuknap | No, I sold at 1.78 including options. I had secured that at around 1.50. | [15:55] |
ThickAsThieves | how many shares? | [15:56] |
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assbot | [BTCTC] [TAT.ASICMINER] 55 @ 0.01807 = 0.9939 BTC [+] | [15:56] |
furuknap | That's roughly 5% from current top. I have no problems missing the top bu as much as 30-40% even, especially when I see there are no fundamentals supporting the price above that. | [15:56] |
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ThickAsThieves | this isnt the top | [15:56] |
furuknap | 30 or so shares? I don't remember exactly. | [15:57] |
ThickAsThieves | so so far you have lost $250 plus next week's dividends | [15:57] |
assbot | [BTCTC] [ASICMINER-PT] 3 @ 1.86 = 5.58 BTC [+] | [15:57] |
furuknap | Yes, and I' | [15:57] |
furuknap | bah | [15:57] |
furuknap | Yes, and I've also gained far more. You're not going to sucker me into that trap :-) | [15:58] |
ThickAsThieves | i don't have any desire to sucker you into anything | [15:58] |
furuknap | Nobody ever lost from walking away with a profit. | [15:58] |
ThickAsThieves | LOL | [15:58] |
Uglux | pirate maybe :P | [15:58] |
assbot | [BTCTC] [ASICMINER-PT] 3 @ 1.86 = 5.58 BTC [+] | [15:58] |
furuknap | I've doubled my money in a month and not taken any risk. I'm perfectly capable of living with not getting the last few drops of the can. | [15:59] |
ThickAsThieves | you assume it won't sit at 2.2 for 4 weeks | [15:59] |
ThickAsThieves | or that share value won't erode slower than div payout | [16:00] |
furuknap | No, I'm assuming there's no support for a price above 1.50ish even at twice the rate that friedcat predicts. | [16:00] |
ThickAsThieves | it appears there is | [16:00] |
assbot | [MPEX] [S.BBET] 500 @ 0.00159999 = 0.8 BTC [+] | [16:01] |
furuknap | That's where that darn math comes in again and says you're wrong. | [16:01] |
ThickAsThieves | my math says you're wrong | [16:01] |
ThickAsThieves | so there | [16:01] |
ThickAsThieves | :P | [16:01] |
furuknap | Heh, I wish it were that simple :-) | [16:01] |
ThickAsThieves | it is | [16:01] |
ThickAsThieves | $250 so far | [16:01] |
ThickAsThieves | pretty simple | [16:01] |
furuknap | Yeah. And what type of math do you use? The pink one? | [16:01] |
assbot | [BTCTC] [TAT.ASICMINER] 26 @ 0.01839 = 0.4781 BTC [+] | [16:02] |
ThickAsThieves | I use that furry math | [16:02] |
furuknap | Oohh.. Furries are nice. | [16:02] |
furuknap | Sadly, they mostly exist in fantasy. | [16:03] |
assbot | [BTCTC] [TAT.ASICMINER] 80 @ 0.018396 = 1.4717 BTC [+] | [16:03] |
assbot | [BTCTC] [TAT.ASICMINER] 77 @ 0.018397 = 1.4166 BTC [+] | [16:04] |
furuknap | I realize people buy on far more than ROI. I don't. Even if the price goes up to 2.5, it will still be within what I'm perfectly comfortable 'loosing' by just taking 1.10 per share (and even a bit more since I got a few of the waves right). | [16:04] |
ThickAsThieves | Sneak peak for ya'll. I'm sponsoring SMiguel's charts to live at http://www.asicminercharts.com/ | [16:05] |
mircea_popescu | haha cool | [16:05] |
ThickAsThieves | he hasn't announced yet | [16:05] |
furuknap | Nice, TAT. | [16:05] |
mircea_popescu | how's the data acquired ? | [16:05] |
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ThickAsThieves | not sure | [16:05] |
mircea_popescu | >.> | [16:06] |
furuknap | That's actually one thing that the BTC community lacks. Sponsoring of useful information. Clark Moody is fine, but all the ad services are crap. | [16:06] |
ThickAsThieves | probly a mix | [16:06] |
mircea_popescu | what are you sponsoring ? | [16:06] |
ThickAsThieves | his work | [16:06] |
mircea_popescu | furuknap been sayin' it since 2012. | [16:06] |
ThickAsThieves | AM community has been enjoying it | [16:06] |
ThickAsThieves | and no one is tipping him | [16:06] |
mircea_popescu | ThickAsThieves ye know what i mean. gotta know what it is. | [16:06] |
ThickAsThieves | I don't | [16:06] |
ThickAsThieves | you mean what did I pay? | [16:07] |
mircea_popescu | http://polimedia.us/trilema/2013/some-basic-discussion-of-charity/ the long version | [16:07] |
mircea_popescu | the short version : don't sponsor things you don;'t understand, they may blow up in your face. | [16:07] |
ThickAsThieves | I seem to be out of credits | [16:07] |
ThickAsThieves | which doesnt make sense | [16:07] |
ThickAsThieves | had at least 1000 | [16:07] |
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furuknap | mp, I'm mostly recognized in the SharePoint community where there are two community players that run highly successful ad servics for bloggers and services. I've reached out to one of them who is also a sponsor for my next book and asked whether she'd be willing to look at a similar service for BTC community. | [16:07] |
mircea_popescu | ThickAsThieves prolly cookie expired ? | [16:07] |
mircea_popescu | furuknap that'd be great | [16:07] |
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ThickAsThieves | how do i fix my cookie? | [16:08] |
furuknap | Advice for aspiring professionals in SharePoint. | [16:08] |
ThickAsThieves | but anyway | [16:08] |
mircea_popescu | ThickAsThieves re-make it | [16:08] |
deadweasel | I'll fix your cookie ThickAsThieves | [16:08] |
ThickAsThieves | I'll look up that email from you later | [16:08] |
furuknap | Yeah, that sort of puts you out of the audience of the book :-) | [16:08] |
furuknap | SharePoint is a business app platform from Microsoft. | [16:09] |
mircea_popescu | furuknap i didn't even know there's a sharepoint community | [16:09] |
mircea_popescu | the old ms office thing ? | [16:09] |
ThickAsThieves | the guy has been supplying this chart, noted no tips, so I thought hmm, I'll back him up a little and see where it goes | [16:09] |
furuknap | Not really old, it came out with the latest version in February. | [16:09] |
ThickAsThieves | it's not charity | [16:09] |
ThickAsThieves | I get alink out of it | [16:09] |
ThickAsThieves | he gets motivation to keep doing and developing it fiurther | [16:10] |
mircea_popescu | don't go all defensive on me, i'm not saying it's bad | [16:10] |
furuknap | This one is free. It's part of a test I'm running to see if I can get a better way of providing information to people. My other 20ish books cost around $20 each. | [16:10] |
mircea_popescu | i'm just saying you gotta know the basic idea, where he gets the data, stuff like that. | [16:10] |
ThickAsThieves | oh i didnt mean to sound dfensive | [16:10] |
ThickAsThieves | just being quick | [16:10] |
mircea_popescu | furuknap which books be those ? | [16:10] |
furuknap | I am. | [16:10] |
ThickAsThieves | I will ask him to post about how he pulls the data though | [16:11] |
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furuknap | You can hang on for a couple of days and the next one is out free. I'd be happy to send you other copies though. | [16:11] |
ThickAsThieves | would be interesting | [16:11] |
furuknap | http://uspjournal.com/ <- Most of my books. Others on Amazon. | [16:11] |
Uglux | here is a derivative http://deepfriedcat.com/ | [16:11] |
furuknap | Couple of days as in most likley Monday. | [16:11] |
assbot | [BTCTC] [TAT.ASICMINER] 13 @ 0.018397 = 0.2392 BTC [+] | [16:12] |
assbot | [BTCTC] [TAT.ASICMINER] 57 @ 0.0184 = 1.0488 BTC [+] | [16:12] |
mircea_popescu | furuknap so basically they're all on sharepoint ? | [16:13] |
furuknap | Yup, at least the ones that are available. I've done a couple of private ones too. All IT, though. | [16:14] |
mircea_popescu | anyway, i was thinking fo some stuff early 2000s | [16:14] |
mircea_popescu | not sure if this is related. | [16:14] |
furuknap | truffles: I can't please everyone :-) | [16:14] |
furuknap | mp: What stuff is that? | [16:15] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.0184 BTC [+] | [16:16] |
mircea_popescu | windows sharepoint was some old, pretty much abandoned stuff ms came out with in i think 2002 | [16:16] |
mircea_popescu | i think they merged half of it into frontpage | [16:16] |
furuknap | 2001, but OK, I'll bite. | [16:16] |
ThickAsThieves | is that the one that was basically Outlook on a stick? | [16:16] |
mircea_popescu | a okay. | [16:17] |
mircea_popescu | ThickAsThieves i can't for the life of me recall exactly wehat it was | [16:17] |
ThickAsThieves | i think it's server-based Outlook | [16:17] |
ThickAsThieves | eail for biz and stuff | [16:17] |
ThickAsThieves | email* | [16:17] |
furuknap | Yeah, the early stuff was pretty bad and distributed in two versions. One free was an extension of SharePoint and a server verson which was nothing of the sorts. | [16:18] |
furuknap | No, it has nothing to do with Outlook. | [16:18] |
mircea_popescu | so what's this new thing, microsoft cloud basically ? | [16:18] |
furuknap | Think of it as a web base database with tons of services and user configuration and db design. It's an accident waitning to happen (and has happened) but it's widely adopted now. | [16:18] |
ThickAsThieves | sure looks a lot like Outlook | [16:19] |
ThickAsThieves | like if Outlook wanted to be Salesforce or something | [16:19] |
furuknap | Yeah, but you also thinks the math looks like it support a price above 1.8. | [16:19] |
furuknap | :-P | [16:19] |
mircea_popescu | lmao the new guy has teeth | [16:19] |
ThickAsThieves | lol | [16:19] |
ThickAsThieves | new guy floats on his own hot air | [16:19] |
furuknap | SharePoint is more like Notes if you have to compare it to something. | [16:20] |
mircea_popescu | anyway, sorta back on topic : bitcoin finance desperately needs analysts, of the real kind | [16:20] |
furuknap | I agree. It will come. | [16:20] |
mircea_popescu | anyone starting a blog now on the topic and sticking to it professionally will be the gigaom/whatever of bitcoin in a decade. | [16:21] |
assbot | [HAVELOCK] [ASICM] 2 @ 0.0183 = 0.0366 BTC [-] | [16:21] |
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ThickAsThieves | I have no idea | [16:21] |
ThickAsThieves | I assum not | [16:21] |
ThickAsThieves | I have some MPOE | [16:21] |
furuknap | Yeah, I'd love to do that, MP, but seriously, I'm not a finance guy. I understand the math, but I'm more technical than would make me a financial person of any repoute. | [16:22] |
furuknap | *repute | [16:22] |
mircea_popescu | hence the "anyone" :p | [16:22] |
mircea_popescu | i just repeat this periodically on the theory that hey, you never know. | [16:23] |
assbot | [HAVELOCK] [ASICM] 3 @ 0.01848 = 0.0554 BTC [+] | [16:24] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.86 BTC [+] | [16:24] |
assbot | [BTCTC] [B.YABMC] 1 @ 0.016132 BTC [-] | [16:24] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.8675 = 3.735 BTC [+] | [16:24] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.87 = 3.74 BTC [+] | [16:24] |
furuknap | Exactly, but to get there, there needs to be a desire for professional information that is more visible. I'm testing the market with a new mining book in a few weeks (maybe a couple of months, depending on whether I move from Norway). Having some experience from publishing, I'd use that to understand the market and what people want. | [16:24] |
mircea_popescu | pigeons https://bitcointalk.org/index.php?topic=206003.0 you seen that ? | [16:24] |
mircea_popescu | furuknap usually markets need to be led. | [16:24] |
mircea_popescu | arrington didn't appear because there was a desire for tech crunch | [16:25] |
furuknap | It does, but the leader also needs to know what people want. | [16:25] |
mircea_popescu | he made it and then there was suddenly a desire for it, five years down the line | [16:25] |
mircea_popescu | i don't think any leader of any import ever cares what epople want. at issue is what people need. | [16:25] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.0185 BTC [+] | [16:25] |
assbot | [BTCTC] [TAT.ASICMINER] 10 @ 0.0185 = 0.185 BTC [+] | [16:26] |
mircea_popescu | what people want is too widely distributed and also quite likely to kill them. | [16:26] |
assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.0185 = 0.037 BTC [+] | [16:26] |
furuknap | OK, the leader (and that's not me, just so you don't think I'm blowing my own horn) needs to understand what people need. They usually say that by fierce opposition. | [16:26] |
assbot | [BTCTC] [TAT.ASICMINER] 8 @ 0.0185 = 0.148 BTC [+] | [16:26] |
assbot | [BTCTC] [TAT.ASICMINER] 23 @ 0.01852 = 0.426 BTC [+] | [16:26] |
mircea_popescu | indeed :) | [16:26] |
furuknap | TAT: Are you listening? Now I'm having opinions not founded on math. | [16:27] |
mircea_popescu | best indication ever that auschwitz was a bad idea : the jews didn't fight back at all. | [16:27] |
furuknap | Not the example I'd use, but I get your point :-) | [16:27] |
mircea_popescu | lol | [16:28] |
ThickAsThieves | it's not the math that is the problem | [16:28] |
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mircea_popescu | https://bitcointalk.org/index.php?topic=140366.msg2179249#msg2179249 lmao | [16:28] |
mircea_popescu | so wait, two weeks! | [16:29] |
furuknap | What was their original deadline? Weren't the due for going online in June? | [16:29] |
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mircea_popescu | picostocks ? | [16:29] |
ThickAsThieves | maybe some psychosociologist figured two weeks is the best scam tolerance timeframe | [16:29] |
mircea_popescu | the story is that they had a 1mn ish investmenty with tom van ripyou of basic | [16:30] |
mircea_popescu | which poofed | [16:30] |
mircea_popescu | so then they made another 1mn ish investment with bitfury | [16:30] |
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furuknap | Yeah, I read up on the origonal 75TH mine, but I also got the impression that bitfury was more legit. | [16:30] |
mircea_popescu | while bitfury seems pretty certain he;ll deliver, i still very much doubt that investment exists. | [16:30] |
mircea_popescu | http://bitbet.us/bet/450/bitfurys-asic-will-work-with-power-1/ | [16:30] |
mircea_popescu | whoa the bet is about even now | [16:31] |
furuknap | That would be fraud from two well known and public people. Do you think that's likely? | [16:31] |
mircea_popescu | picostocks is neither known nor public. | [16:31] |
mircea_popescu | his statements that he's invested with third parties are his own. | [16:31] |
furuknap | No, but the people behind it are published in the business plan and seems reputable on brief research. | [16:32] |
mircea_popescu | i came with opposite results from the same research. | [16:32] |
ThickAsThieves | maybe you didnt use enough math? | [16:33] |
furuknap | Or maybe I used too much :-) | [16:33] |
mircea_popescu | i used a 1.5 math diode | [16:34] |
assbot | [HAVELOCK] [ASICM] 20 @ 0.01848 = 0.3696 BTC [+] | [16:34] |
ThickAsThieves | :) | [16:34] |
mircea_popescu | furuknap but i mean, what exactly is your judgement there ? | [16:34] |
mircea_popescu | something like "here are names so it's legit" ? the pietila guy also throws names around | [16:34] |
furuknap | On 100th? Not sure. It looks a bit too good to be true. | [16:35] |
ThickAsThieves | Is there any evidence from any unproven ASIC provider that shows any reason to assume it's a lie til it ships? | [16:35] |
ThickAsThieves | not a lie* | [16:35] |
ThickAsThieves | even the ones that ship rarely really do | [16:36] |
mircea_popescu | ThickAsThieves well, i count the 100 btc of bitfury's as some evidence | [16:36] |
furuknap | I think the entire community is skeptical due to some key providers being late and scams. AM showed it's possible. The swedes work with very reputable companies. 100TH certainly has put a lot of effort into what at the time seemed like a peanut reward. | [16:36] |
mircea_popescu | furuknap where's the effort ? | [16:37] |
ThickAsThieves | the bet is an odd way to prove yoursel | [16:37] |
ThickAsThieves | d | [16:37] |
ThickAsThieves | f | [16:37] |
ThickAsThieves | maybe it's a ploy | [16:37] |
furuknap | The business plan, the picostocks setup, the putting your name on the line. At the time, there weren't asking for much. It's become a lot since then, but at the time, I mean, if you wanted to scam someone, at least you should do it big. | [16:38] |
ThickAsThieves | If the bet is proof, why not 500btc? | [16:38] |
furuknap | Provided the people behind it really are the people in the business plan, they seem like smart enough people that if they wanted, they would scam someone for far more money. | [16:39] |
furuknap | Faking a couple of results from their bio work would probably yields orders of magnitude more reward. They're putting their own names on the line so they'll have to disappear anyway, so why not scam for $50million instead? | [16:40] |
ThickAsThieves | or maybe the bet is just mp trollin' | [16:41] |
assbot | [HAVELOCK] [ASICM] 90 @ 0.01848 = 1.6632 BTC [+] | [16:42] |
furuknap | Well, I doubt he'd risk his name and reputation for a few million either... | [16:42] |
pigeons | people who run ponzi schemes basically scam, trash their name and reputation, etc, for usually $0 | [16:45] |
furuknap | Yeah, but if you were doing that, would you rather have $5M or $500M? | [16:45] |
pigeons | if he was a scammer he would do it for more money is not an effective heuristic | [16:46] |
assbot | [BTCTC] [TAT.ASICMINER] 11 @ 0.01852 = 0.2037 BTC [+] | [16:46] |
furuknap | Maybe. On the other hand, they could also easily have scammed anonymously and not have the burden of tainting their names. | [16:47] |
pigeons | "if he was scamming, he wouldn't use his real identity" is not an effective heuristic | [16:47] |
pigeons | trendon shavers, bernie madoff, | [16:48] |
furuknap | Yeah, but Madoff scammed for bilions. | [16:48] |
assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.01852 = 0.037 BTC [+] | [16:49] |
pigeons | trendon and madoff and the rest scammed for enough to pay old investors and enough to eat | [16:50] |
mircea_popescu | ThickAsThieves but if it's a ploy it'll be expensive. | [16:50] |
furuknap | Deson't matter if they care for it. They could have done it without. IF (and I capitalized that intentionally) the people in tne BP are the real people and not just a Google image search, what possible reason could they have for adding their names when they don't have to? | [16:50] |
ThickAsThieves | if betting goes his way it won't be expensive | [16:50] |
ThickAsThieves | and he can always bet the other side | [16:50] |
mircea_popescu | furuknap i have yet to see a pgp signed declaration from any of these people. | [16:50] |
mircea_popescu | ThickAsThieves even if he bets the other side. | [16:51] |
* | [\] has quit () | [16:51] |
furuknap | MP: True, but the BP is also denominated in USD, not BTC, so they seem to be targeting people outside the community who may not be aware of the tradition of PGP signed stuff. | [16:51] |
mircea_popescu | he has 100 btc on the line. if he puts 1000 on the other side to make back his 100 he still pays the rake | [16:51] |
mircea_popescu | furuknap or who may be naive of exactly how scam friendly bntc is | [16:52] |
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furuknap | Again, it seems way too much effort for essentially peanuts. I don't know. Might throw a few coins there to see if it sticks. | [16:53] |
mircea_popescu | you | [16:53] |
pigeons | there are pages of debate today on bitcointalk about how this site that you pay .25 btc for him to mine .3 btc for you on his nvidias cant be a scam because people have been getting paid | [16:53] |
mircea_popescu | 're new. pigeons has been here through the scams. when he says "not an effectual heuristic" he is speaking from a place of pain. | [16:53] |
furuknap | I understand that, and I eat so much salt these days, I'll be a mummy by the end of the summer. This doesn't smell right though (and right here would be scam). | [16:54] |
furuknap | Not saying it smells roses either, just to be clear on that. | [16:55] |
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pigeons | i haven't even looked into whatever you're talking about. I just saw "if he was scamming he would do it for more money and why would he use his real name" | [16:57] |
pigeons | and if you're even making those points, something is wrong | [16:57] |
furuknap | Of course IF (again intentionally) this is legit AND they deliver within a reasonable time frame, the proposition is a gold mine, perhaps more so than AM even. | [16:57] |
pigeons | ... | [16:58] |
furuknap | Actually, I wasn't trying to make a point of it, I was just responding to a question about what I thought of the project. From the projects I have evaluated, those were distinguishing characteristics in addition to a growing confidence that such a delivery is technically feasible. Two months ago, I probably wouldn't have given it a second glance. | [16:59] |
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furuknap | *distringuishing characteristics of the _business plan_ | [16:59] |
furuknap | bah, where' s the spell checker. | [16:59] |
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furuknap | I need to fix dinner... | [17:03] |
assbot | [HAVELOCK] [SDICE] 5 @ 0.2109 = 1.0545 BTC [+] | [17:04] |
furuknap | Raindeer meatballs. | [17:05] |
mircea_popescu | wait, you're a girl !? | [17:09] |
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assbot | [BTCTC] [TAT.ASICMINER] 14 @ 0.01852 = 0.2593 BTC [+] | [17:11] |
* | malaimo (~malaimo@unaffiliated/malaimo) has joined #bitcoin-assets | [17:11] |
assbot | [HAVELOCK] [KCIM] 2 @ 1.0811 = 2.1622 BTC [-] | [17:12] |
assbot | [BTCTC] [TAT.ASICMINER] 60 @ 0.018521 = 1.1113 BTC [+] | [17:12] |
assbot | [BTCTC] [COGNITIVE] 1 @ 0.228999 BTC [+] | [17:13] |
assbot | [MPEX] [S.BBET] 1500 @ 0.00159999 = 2.4 BTC [+] | [17:17] |
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furuknap | I'm not a girl if you were asking me... | [17:24] |
mircea_popescu | a ok. balance is preserved. | [17:24] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.87 = 3.74 BTC [+] | [17:25] |
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assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.87495 BTC [+] | [17:27] |
assbot | [HAVELOCK] [SDICE] 1 @ 0.211 BTC [+] | [17:28] |
deadweasel | truffles you're clearly ruining our sausagefest in here, at least pretend to own a johnson. | [17:28] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.87495 BTC [+] | [17:29] |
assbot | [BTCTC] [CRYPTO-TRADE] 1 @ 0.2 BTC [+] | [17:31] |
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assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.018521 = 0.0926 BTC [+] | [17:32] |
assbot | [BTCTC] [TAT.ASICMINER] 3 @ 0.018521 = 0.0556 BTC [+] | [17:33] |
assbot | [BTCTC] [TAT.ASICMINER] 24 @ 0.018521 = 0.4445 BTC [+] | [17:34] |
assbot | [BTCTC] [B.YABMC] 98 @ 0.01674 = 1.6405 BTC [+] | [17:34] |
mircea_popescu | lol sexist | [17:34] |
assbot | [BTCTC] [B.YABMC] 2 @ 0.017 = 0.034 BTC [+] | [17:34] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8422 BTC [-] | [17:35] |
assbot | [BTCTC] [ASICMINER-PT] 5 @ 1.842 = 9.21 BTC [-] | [17:35] |
parseval | That price is too high.. | [17:36] |
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furuknap | That's what I keep saying... | [17:38] |
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assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8452 BTC [+] | [17:42] |
assbot | [BTCTC] [ASICMINER-PT] 8 @ 1.845 = 14.76 BTC [-] | [17:42] |
ThickAsThieves | I like how everyone is thanking Friedcat for paying high divs as a strategy | [17:43] |
ThickAsThieves | I like the divs n all, and I do think AM can grow further | [17:44] |
ThickAsThieves | but it's not exactly a strategy to payout all the monies | [17:44] |
Namworld | Friedcat should start developping a second chip | [17:44] |
ThickAsThieves | he is | [17:44] |
Namworld | one on the smallest process | [17:44] |
Namworld | What is it, like 10-15nm? | [17:45] |
ThickAsThieves | "About the argument of dividend payments, our view is that we will distribute the net income after necessary costs are excluded and funds for foreseeable future (expansion, gen-2 chips) are reserved." | [17:45] |
ThickAsThieves | he doesnt say | [17:45] |
ThickAsThieves | I think what it is | [17:45] |
ThickAsThieves | is that AM makes so much money from the shares they already hold | [17:45] |
ThickAsThieves | paying out high divs is enough | [17:46] |
ThickAsThieves | and still leaves plent mmoney for reinvestment | [17:46] |
ThickAsThieves | plenty* | [17:46] |
ThickAsThieves | he has already been reserving some for a while | [17:46] |
ThickAsThieves | and pays his bills early | [17:46] |
ThickAsThieves | he did make it clear that new ventures, unrelated to mining, would not be wrapped under the current asset | [17:47] |
ThickAsThieves | but that he is dedicated to AM first and foremost | [17:47] |
ThickAsThieves | until it can run with "less founder involvement" | [17:47] |
assbot | [HAVELOCK] [ASICM] 63 @ 0.018478 = 1.1641 BTC [-] | [17:52] |
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furuknap | Namworld: So far, the Swedes are the ones that attempts the smallest process of 28nm. Current AM is 130nm. It will take a long time to get smaller process right, as I understand it. | [17:53] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.87495 BTC [+] | [17:54] |
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assbot | [HAVELOCK] [ASICM] 634 @ 0.018478 = 11.7151 BTC [-] | [17:55] |
deadweasel | truffles, I think of #assets as more of a pulse than a clique, it's a good place to cut through the bitcoin FUD as it floods up to our necks. | [17:56] |
deadweasel | stay here, stay close to the pulse of bitcoin. | [17:56] |
pgp | yes | [17:56] |
pgp | nerve center of bitcoin world | [17:56] |
ThickAsThieves | did I ignore truffles by mistake or something? | [17:56] |
ThickAsThieves | you're replying to "[10:44] |
[17:57] |
ThickAsThieves | oh i see it now | [17:57] |
ThickAsThieves | nvm | [17:57] |
deadweasel | i was in a meeting, way behind. ;) | [17:58] |
pgp | lol | [17:59] |
assbot | [BTCTC] [TAT.ASICMINER] 3 @ 0.018521 = 0.0556 BTC [+] | [17:59] |
assbot | [HAVELOCK] [ASICM] 54 @ 0.01849555 = 0.9988 BTC [+] | [18:00] |
assbot | [MPEX] [S.MPOE] 2100 @ 0.00067238 = 1.412 BTC [+] | [18:00] |
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assbot | [HAVELOCK] [HIM] 9 @ 1.9 = 17.1 BTC [-] | [18:03] |
Chaang-Noi | zup pervz, what imiss? | [18:04] |
Chaang-Noi | btc is full of drama, hardly 1 week goes by with no drama | [18:04] |
Chaang-Noi | btc is sooo much better than hollywood | [18:04] |
deadweasel | damn you must love the forums | [18:05] |
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Chaang-Noi | forums haz some lulz | [18:06] |
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deadweasel | the spamcoin nonsense has lowered the bar, which is hard for the forums. | [18:07] |
pgp | way too much noise on forums for my tastes, though | [18:09] |
assbot | [BTCTC] [TAT.ASICMINER] 11 @ 0.018521 = 0.2037 BTC [+] | [18:09] |
pgp | i find that I mostly rely on links posted here for especially juicy stuff | [18:10] |
deadweasel | me too, but there are some nuggets down there. | [18:10] |
deadweasel | gotta mine the bitcoin, gotta mine the forums, gotta mine the IRC. | [18:10] |
pgp | indeed! | [18:10] |
optimator | truffles: you want drama? https://bitcointalk.org/index.php?topic=174620.msg2179552#msg2179552 | [18:11] |
deadweasel | I liked numismatics write of the whole deal | [18:11] |
deadweasel | optimator, have you drunk the spaten optimator? | [18:11] |
optimator | yumm | [18:11] |
deadweasel | :) i know. miss it. | [18:11] |
deadweasel | he is. | [18:12] |
deadweasel | agreed. | [18:12] |
optimator | deadweasel: you can't get it where you are? | [18:13] |
deadweasel | it sure seems like there is a correlation between the loudest BTC voices the most mentally unstable. | [18:13] |
Chaang-Noi | i think yes | [18:13] |
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Chaang-Noi | and being one of the more loud i would say yeah | [18:14] |
deadweasel | optimator: I have gluten intolerance/yeast issues, so I had to give up bier 5 years back. | [18:14] |
optimator | i think rpietilia nailed it with the word manic | [18:14] |
assbot | [BTCTC] [PAJKA.BOND] 10 @ 0.1048 = 1.048 BTC [+] | [18:14] |
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assbot | [BTCTC] [PAJKA.BOND] 2 @ 0.1049 = 0.2098 BTC [+] | [18:14] |
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deadweasel | don't say that, truffles takes offense to 'manic'. ;) | [18:14] |
optimator | deadweasel: i just tried a sorghum beer - not bad | [18:14] |
deadweasel | Red Bridge is good, but i LOVE Greens, they make nice bier for us gluten pansies. | [18:15] |
Chaang-Noi | beer can be made from anything, and if it is cared for and done well, it will be good:) | [18:15] |
deadweasel | way too much $$, and the yeast still gets me, so I stick to scotch and wine. | [18:15] |
deadweasel | but your nick brought back happy optimator memories | [18:16] |
deadweasel | that i'd since forgotten | [18:16] |
optimator | :) | [18:16] |
optimator | you know normal people don't change the world | [18:16] |
furuknap | Anyone know how many shares the 100TH people sold in the IPO? | [18:17] |
Chaang-Noi | you dont need to change the world to win, but it can help :) | [18:17] |
Chaang-Noi | 100Th people? | [18:18] |
assbot | [HAVELOCK] [ASICM] 96 @ 0.01849555 = 1.7756 BTC [+] | [18:18] |
furuknap | The people behind the 100TH project then... | [18:18] |
deadweasel | Chaang-Noi: some new mining scam, probably. | [18:18] |
furuknap | :-) | [18:18] |
Chaang-Noi | i know of most legit things before they happen | [18:18] |
Chaang-Noi | iv never heard of this | [18:18] |
furuknap | Bitfury? | [18:19] |
Chaang-Noi | oh bitfurry? | [18:19] |
furuknap | Heh, yeah... | [18:19] |
mircea_popescu | i don't think picostocks and bitfury are actually related | [18:19] |
Chaang-Noi | dhs raids? | [18:19] |
mircea_popescu | other than the former's claims to investment in the later. | [18:19] |
Chaang-Noi | what are they going to raid? the block chain? | [18:20] |
furuknap | From what I understand, the birst Bitfury batch is 200 TH, of which 100TH goes to the mine, 50 TH to Bitfury, and the rest to undisclosed private investors. | [18:20] |
Chaang-Noi | nall the can do is lock up some fiat, who gives a fuck | [18:20] |
furuknap | I just wanted to know how many IPO shares they sold so I could put it into a model to see if it's profitable. | [18:20] |
Chaang-Noi | i dont know, sorry | [18:20] |
optimator | here's a nice read http://hplusmagazine.com/2013/05/02/the-ones-who-change-the-world/ | [18:21] |
deadweasel | < Chaang-Noi> what are they going to raid? the block chain? | [18:21] |
deadweasel | awesome | [18:21] |
Chaang-Noi | is deepbit behind bitfurry? | [18:21] |
mircea_popescu | i ride the blockchain baby | [18:21] |
mircea_popescu | Chaang-Noi nope. | [18:21] |
assbot | [MPEX] [S.MPOE] 4165 @ 0.00067238 = 2.8005 BTC [+] | [18:22] |
Chaang-Noi | dont know enoghh about bitfurry :/ but sounds risky | [18:22] |
furuknap | Hehe, you deduce that from the name? | [18:22] |
mircea_popescu | i think its bitfury | [18:22] |
Chaang-Noi | from the lack of people who i knew that invested in it or think its a good idea | [18:23] |
optimator | is bitfury fpga? or asic? | [18:23] |
Chaang-Noi | bitfury is a better name than bitfurry :) | [18:23] |
furuknap | It is bitfury. So far as I've researched now, and excuse my noobishness if this is obvious, he's a Russian guy that had some incredible talent with FPGAs and then went on to design ASICs. | [18:23] |
Chaang-Noi | they seems to be asic if its 100th | [18:23] |
assbot | [HAVELOCK] [ASICM] 754 @ 0.01849555 = 13.9456 BTC [+] | [18:24] |
Chaang-Noi | however if they claimed to get 100th with fpga and they sold stock on it, epic troll:) | [18:24] |
furuknap | I've only seen him post in Russian, thought, and my Russian is a bit rusty. | [18:24] |
Chaang-Noi | id give them props for that | [18:24] |
assbot | [BTCTC] [TAT.ASICMINER] 100 @ 0.018521 = 1.8521 BTC [+] | [18:24] |
furuknap | No, they're slling it as ASICs. | [18:24] |
mircea_popescu | afaik he/they are russian | [18:24] |
Chaang-Noi | my russian is a bit fury | [18:24] |
mircea_popescu | optimator made a fpga last year, now claims an asic | [18:24] |
Chaang-Noi | still, only chinese have made an asic, (other than bfls 5ghs) | [18:25] |
Chaang-Noi | the 10 or so prototypes | [18:25] |
mircea_popescu | well, so maybe the russians did too. | [18:25] |
Chaang-Noi | he claims to have it now? | [18:25] |
Chaang-Noi | and if made in russia ill be impressed | [18:26] |
furuknap | They claim the wafers are done and ready tro be bumped and packaged, yes. Expected delivery in two weeks. | [18:26] |
Chaang-Noi | oh, interesting | [18:26] |
furuknap | Doesn't have to be made in Russia even if Bitfury is Russian. The 100TH people are from Poland. | [18:26] |
Chaang-Noi | well, i guess we will see | [18:26] |
mircea_popescu | http://bitbet.us/bet/450/bitfurys-asic-will-work-with-power-1/ | [18:26] |
optimator | 2 weeks- does everything in the chip world in two weeks? | [18:26] |
assbot | [BTCTC] [TAT.ASICMINER] 94 @ 0.018521 = 1.741 BTC [+] | [18:26] |
mircea_popescu | there, he put a 100 btc on the theory that he shows working asic doing < 1watt per ghs | [18:27] |
optimator | droped a word - happen | [18:27] |
mircea_popescu | ie, much better than asicminers' | [18:27] |
mircea_popescu | furuknap the 100th people are claioming to have bought his stuff. | [18:27] |
furuknap | Yeah, about 8 times 'better' than AM chips first gen. | [18:27] |
furuknap | Yeah, I'll see if I can find the reference, I have about 28 tabs up right now. | [18:27] |
mircea_popescu | he also claims that 22 peta hash is doable in one run | [18:27] |
mircea_popescu | which is a lot better than asicminer too, seeing how they still don't have the 12th promised for feb/march | [18:28] |
mircea_popescu | but hey. claims are cheap. | [18:28] |
furuknap | That's in chip production. 22 peta isn't exactly deliverable :-) | [18:28] |
furuknap | AM has far more than 12 TH now. | [18:28] |
mircea_popescu | o it does ? | [18:28] |
Chaang-Noi | AM is having problems now with not enough places to run their stuff, they have it, just no internet/electric | [18:28] |
mircea_popescu | where was that ThickAsThieves link | [18:28] |
furuknap | I think they're either pushing or have poassed 20 THs. | [18:28] |
Chaang-Noi | mp, AM has been over 20th for a while | [18:28] |
ThickAsThieves | www.asicminercharts.com | [18:29] |
furuknap | They were scheduled to veliver 3-10 TH per week over the past two weeks. | [18:29] |
furuknap | *deliver | [18:29] |
mircea_popescu | a ok there it is. | [18:29] |
mircea_popescu | happened coupla weeks ago | [18:29] |
Chaang-Noi | they also just sold a shit load of units cuz, people paid crazy prices for them | [18:29] |
furuknap | It's been flat for about a week, though, and I think I read they had problems finding stable space, although that might be earlier. | [18:30] |
Chaang-Noi | they have the hardware just not the space | [18:30] |
Chaang-Noi | that is why they are focusing on selling and making the usb units now | [18:30] |
Chaang-Noi | and at 2 btc each, why the hell not :) | [18:30] |
mircea_popescu | indeed. | [18:31] |
furuknap | Yeah, but they need to sell a hell-uva-lot of them and so far the only order I've seen is a few hundred from a US group buy. | [18:31] |
mircea_popescu | good move to sell as many as they can at that price. | [18:31] |
Chaang-Noi | 10,000 is there run this time around | [18:31] |
Chaang-Noi | there are about 10 group buys and some people getting more than 300 | [18:32] |
Chaang-Noi | easy 5,000 alreasy sold | [18:32] |
furuknap | The European group buy got mad attention after a /. post, selling around 800 in a day. | [18:32] |
Chaang-Noi | tehy will sell all 10,000 units | [18:32] |
ThickAsThieves | i dont like that he made the blade sales private | [18:33] |
Chaang-Noi | what do you mean? | [18:33] |
Chaang-Noi | it was a public auction? | [18:33] |
ThickAsThieves | he has an open thread up | [18:34] |
furuknap | I agree, but I'm sure hell post sales numbers after a while. | [18:34] |
ThickAsThieves | basically you email him how many you want | [18:34] |
ThickAsThieves | made to order | [18:34] |
Chaang-Noi | oh | [18:34] |
furuknap | Chaang: yeah, but not there's a retail thread with "mail me to buy" stuff. | [18:34] |
Chaang-Noi | hmm | [18:34] |
furuknap | *now | [18:34] |
assbot | [MPEX] [S.MPOE] 14291 @ 0.00067238 = 9.609 BTC [+] | [18:34] |
Chaang-Noi | well honestly at this point, we just have to trust friedat | [18:34] |
ThickAsThieves | obv | [18:34] |
ThickAsThieves | transparency is much nicer tho | [18:35] |
Chaang-Noi | agree | [18:35] |
Chaang-Noi | but even so, we never were going to get 100% like we all want | [18:35] |
ThickAsThieves | not taht people werent already emailing him for deals | [18:35] |
Chaang-Noi | we have no idea how much he is paying for labor, equipment and the like | [18:35] |
Chaang-Noi | people were e-mailing me for deals! | [18:35] |
furuknap | I trust his honesty. A bit skeptical about business abilities. | [18:35] |
mircea_popescu | furuknap he's operationally good, or at least way better than everyone else in btc | [18:36] |
mircea_popescu | financially clueless, but that;'s not exactly a crime, few op managers grok finance. | [18:36] |
furuknap | mp, absolutely, which is why I have faitrh in the operation if they can calm down a bit. | [18:36] |
Chaang-Noi | anyone who can get 255 of the network is going to lack in some areas | [18:36] |
Chaang-Noi | 25% | [18:36] |
mircea_popescu | well they've created a few problems for themselves with the horde of clueless investors, but anyway. | [18:36] |
mircea_popescu | in other news : https://twitter.com/Mircea_Popescu/status/335417437388435457 | [18:37] |
Chaang-Noi | i was clueless when i bought in, i only did it cuz of my past relatioship with him and he seemed like an honest guy. i had no idea how he expected to beat bfl | [18:37] |
ThickAsThieves | lol, mp | [18:37] |
ThickAsThieves | need meme of pope dove and spray of bitcoins | [18:38] |
furuknap | Problem is, if or when there comes a correction, those clueless investors will cry 'bubble share' whenever they can, tainting AMs ability to appeal to serious investors. | [18:38] |
ThickAsThieves | this also depends on how aggressive board seat holders wanna be | [18:39] |
ThickAsThieves | they are the ones with the selling power | [18:39] |
mircea_popescu | totally. | [18:41] |
furuknap | BTW, mp, -PR seems a bit skeptical about the whole 100TH thing. You probably read it already: https://bitcointalk.org/index.php?topic=140366.msg1495160#msg1495160 | [18:42] |
Namworld | http://i.imgur.com/VEKzIOY.jpg | [18:43] |
Namworld | Pretty sure that's called thievery | [18:43] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8749 BTC [-] | [18:43] |
Chaang-Noi | she thinks AM is a scam too | [18:43] |
Namworld | Sure, I bet the power companies hate it. | [18:43] |
Chaang-Noi | i do think i looked into this before, i did not like what i saw | [18:44] |
Chaang-Noi | pico stocks | [18:44] |
Chaang-Noi | bitfury | [18:44] |
Chaang-Noi | wonder what will happen.. even if legit, could run into same issues as bfl and the chips just dont work | [18:45] |
furuknap | That's always a risk. Same can apply to AM 2nd gen. | [18:45] |
furuknap | Or the Swedes. | [18:45] |
Chaang-Noi | i kinda thought friedcat was smart going with the very very old tech | [18:45] |
Chaang-Noi | and yes the second gen could fail, but AM has so massive deep pockets and the right contacts at this point | [18:46] |
furuknap | Yeah, that was genious, and I mean that. Realizing how complex it would be, he got an old beat-down horse and bet that there wouldn't be any other horses in the race. | [18:46] |
furuknap | He was right, and we've been bathing in gold ever since. | [18:46] |
furuknap | The drawback of that strategy is that he still needs to get a proper racehorse at some point, and the process isn't going to be quicker for him. People think he can just snap his fingers and have 262 TH in production, but with the current tech, that takes a lot of space and he's already running into issues with that. | [18:49] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8748 BTC [-] | [18:52] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8748 BTC [-] | [18:55] |
* | [\] (~imsaguy@unaffiliated/imsaguy) has joined #bitcoin-assets | [18:55] |
furuknap | Here's Bitfury with some more technical details on his chip, in the 100TH thread. MP, I doubt he would post there so casually if he had no relationship with 100TH. https://bitcointalk.org/index.php?topic=140366.msg1509922#msg1509922 | [18:55] |
mircea_popescu | i don't credit such implications at all. | [18:56] |
furuknap | Ah, I thought you meant something along those lines. I thought you said the only relationship was that 100TH claimed to have purchased Bitfury chips. | [18:57] |
furuknap | My bad if that wasn't your intention. | [18:57] |
assbot | [BTCTC] [TAT.ASICMINER] 48 @ 0.01863 = 0.8942 BTC [+] | [19:00] |
Chaang-Noi | 119.9 again.. we cant get higher than that... | [19:01] |
assbot | [BTCTC] [TAT.ASICMINER] 52 @ 0.01863 = 0.9688 BTC [+] | [19:05] |
mircea_popescu | furuknap is what i meant. some guy "posting casually" in some forum thread is no argument for anything | [19:05] |
assbot | [MPEX] [S.MPOE] 2350 @ 0.00066723 = 1.568 BTC [-] | [19:06] |
mircea_popescu | Chopard jewels worth more than $1 million have been stolen at the Cannes film festival | [19:06] |
mircea_popescu | bitcoin wearers unaffected. | [19:06] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.4 BTC [-] | [19:06] |
ThickAsThieves | crash! | [19:07] |
furuknap | Ah, OK. Well, the more I read, the more it seems that there's just way too much effort here to scam someone for peanuts. | [19:07] |
Chaang-Noi | 1.4? lol | [19:07] |
furuknap | I bet an otion exercise :-) | [19:07] |
Chaang-Noi | yeah | [19:07] |
furuknap | *option | [19:07] |
ThickAsThieves | :) | [19:07] |
Chaang-Noi | has to be | [19:07] |
Chaang-Noi | [19:08] | |
mircea_popescu | lol | [19:08] |
assbot | [HAVELOCK] [SDICE] 1 @ 0.217 BTC [+] | [19:09] |
Chaang-Noi | fuck see that buy wall at 118??? | [19:09] |
Chaang-Noi | if real we are going upppppppp | [19:09] |
Chaang-Noi | on a friday | [19:09] |
furuknap | Wall at 118? I see 750 there if you're talking Gox? | [19:10] |
Chaang-Noi | i see over 9000 | [19:10] |
Chaang-Noi | ;; bids 118 | [19:10] |
gribble | There are currently 10058.458 bitcoins demanded at or over 118.0 USD, worth 1187353.50463 USD in total. | Data vintage: 0.0059 seconds | [19:11] |
Chaang-Noi | yes that is over 9000 | [19:11] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.8425 = 3.685 BTC [+] | [19:11] |
furuknap | Hm... Reloading Clark... | [19:11] |
furuknap | Ah, now it's there... | [19:11] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8402 BTC [-] | [19:11] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8402 BTC [-] | [19:11] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8401 BTC [-] | [19:12] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.835201 BTC [-] | [19:12] |
assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.01865 = 0.0933 BTC [+] | [19:12] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01865 BTC [+] | [19:12] |
Chaang-Noi | http://video.cnbc.com/gallery/?play=1&video=3000169018 | [19:13] |
furuknap | This is the Battle of the $120. 10K sell before 122 too. | [19:13] |
Chaang-Noi | 1000 just bought at 19.9 | [19:14] |
Chaang-Noi | almost | [19:15] |
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Chaang-Noi | 119.97 | [19:15] |
furuknap | Everything seems to point to 120+ shortly. Sadly, I chickened out on the Dwolla dip by not buying. I believe I will be hitting myself on the head for that. | [19:15] |
Chaang-Noi | 119.98 | [19:15] |
furuknap | Another 100. | [19:16] |
furuknap | 1K more! | [19:17] |
furuknap | Just a couple hundred left. | [19:17] |
Chaang-Noi | 120 | [19:17] |
furuknap | There we are! | [19:17] |
Chaang-Noi | we got to get over the wall however | [19:17] |
furuknap | Yeah, but it's falling fast. | [19:17] |
furuknap | 1K left. | [19:18] |
furuknap | 900 | [19:18] |
furuknap | 800 | [19:18] |
furuknap | 600 | [19:18] |
assbot | [MPEX] [S.MPOE] 250 @ 0.00066723 = 0.1668 BTC [-] | [19:18] |
furuknap | Damn! | [19:18] |
furuknap | 400 | [19:18] |
furuknap | 200 | [19:18] |
furuknap | 100 | [19:18] |
furuknap | Gone! | [19:18] |
Chaang-Noi | :) | [19:18] |
davout | AAAND IT'S GONE | [19:18] |
furuknap | BUY, BUY, BUY! | [19:19] |
Chaang-Noi | 121 | [19:19] |
furuknap | Holy moses... | [19:20] |
Chaang-Noi | ? | [19:20] |
Chaang-Noi | its a break out | [19:20] |
Chaang-Noi | now we need to see about 125 | [19:20] |
Chaang-Noi | cuz if we do 125!!!! | [19:20] |
furuknap | ...then you sell out and buy a mountain of cocaine? | [19:21] |
Namworld | LIMIT BREAK | [19:21] |
Chaang-Noi | iv already done that | [19:21] |
Namworld | Too much pressure... | [19:21] |
Chaang-Noi | i dont need more hookers and coke money | [19:22] |
Chaang-Noi | anyway off for a beer bbl | [19:22] |
assbot | [MPEX] [S.MPOE] 10900 @ 0.00067238 = 7.3289 BTC [+] | [19:23] |
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* | nospinzy (~nospinzy@216.49.20.58.res-cmts.hzl2.ptd.net) has joined #bitcoin-assets | [19:28] |
* | WILLdude_ is now known as WILLdude | [19:29] |
WILLdude | Hi! | [19:30] |
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furuknap | Gribble? GRIBBLE! Noooooo! | [19:39] |
assbot | [HAVELOCK] [ASICM] 2 @ 0.01825 = 0.0365 BTC [-] | [19:41] |
assbot | [HAVELOCK] [ASICM] 225 @ 0.01820001 = 4.095 BTC [-] | [19:41] |
furuknap | To answer my own question from earlier (https://bitcointalk.org/index.php?topic=140366.msg1531597#msg1531597): [L]ooks like they sold 518271 shares. IPO is now closed. | [19:41] |
davout | don't do cocaine | [19:41] |
davout | MORE THAN ONCE A YEAR | [19:41] |
davout | :D | [19:41] |
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assbot | [BTCTC] [COGNITIVE] 1 @ 0.229 BTC [+] | [19:48] |
furuknap | MP, any way to reach you in private? | [19:49] |
* | Chilca (~Chilca@c-67-164-89-68.hsd1.ca.comcast.net) has joined #bitcoin-assets | [19:50] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.871 BTC [+] | [19:51] |
mircea_popescu | furuknap /query mircea_popescu | [19:52] |
mircea_popescu | davout : the girl wants you to know that she's answered "spoken like a true gypsy" in the nigger thread but some mod beleeted it. | [19:53] |
mircea_popescu | now im doing pr for my pr ;/ | [19:53] |
Chaang-Noi | i warned you about here | [19:54] |
Chaang-Noi | her* | [19:54] |
assbot | [BTCTC] [TAT.ASICMINER] 51 @ 0.01849 = 0.943 BTC [-] | [19:54] |
davout | mircea_popescu: hah | [19:55] |
davout | mircea_popescu: we shall have a concert for the conference #2 | [19:56] |
mircea_popescu | lol kickass | [19:56] |
mircea_popescu | o, you registered yet ? | [19:56] |
davout | no | [19:57] |
davout | the fee for the music shall be equal to the fee for VIP registration | [19:57] |
davout | xD | [19:57] |
mircea_popescu | yeah but the music is paid after :D | [19:57] |
Chaang-Noi | choo choo mother fucker! | [19:58] |
* | Bugpowder (cef100f9@gateway/web/freenode/ip.206.241.0.249) has joined #bitcoin-assets | [19:58] |
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assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.872 BTC [+] | [20:01] |
davout | mircea_popescu: you got me there! | [20:02] |
davout | mircea_popescu: pay me in alcohol and romanian women | [20:02] |
mircea_popescu | getting people there since 1993 | [20:02] |
assbot | [HAVELOCK] [VTX] 1 @ 0.4299 BTC [-] | [20:03] |
* | DBordello (~DBordello@unaffiliated/dbordello) has joined #bitcoin-assets | [20:03] |
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assbot | [HAVELOCK] [ASICM] 49 @ 0.0184 = 0.9016 BTC [+] | [20:06] |
assbot | [HAVELOCK] [ASICM] 500 @ 0.0183 = 9.15 BTC [-] | [20:06] |
kakobrekla | someone is trying to sell me http://www.zeroblock.com/ | [20:06] |
kakobrekla | omg | [20:07] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.83 BTC [-] | [20:07] |
kakobrekla | >>Fucking Awesome. | [20:07] |
kakobrekla | You feel like a hacker and shit. | [20:07] |
kakobrekla | -- | [20:07] |
kakobrekla | O_o | [20:07] |
kakobrekla | i dont see no skateboard | [20:07] |
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assbot | [HAVELOCK] [ASICM] 108 @ 0.0183 = 1.9764 BTC [-] | [20:09] |
kakobrekla | >We will be launching a product with consolidated, real-time, high-volume market moving news feed. We scrape data from hundreds of news sites, twitter, forums, and company blogs. The data delivered will be highly processed. Features will include summarization, entity recognition, topic recognition, and sentiment analysis. We also can assist in platform integration (UI and API). If you are interested in integrating our data feed, please fee | [20:10] |
kakobrekla | lol | [20:10] |
assbot | [BTCTC] [TAT.ASICMINER] 10 @ 0.01841 = 0.1841 BTC [-] | [20:10] |
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assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.01839 = 0.0368 BTC [-] | [20:11] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01839 BTC [-] | [20:11] |
assbot | [BTCTC] [TAT.ASICMINER] 3 @ 0.01839 = 0.0552 BTC [-] | [20:12] |
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ThickAsThieves | https://bitcointalk.org/index.php?topic=99497.msg2182646#msg2182646 --- furuknap u better ask him to show his math on that one | [20:14] |
furuknap | Hehe :-D | [20:15] |
furuknap | Even you won't be _that_ crazy... | [20:15] |
ThickAsThieves | indeed! | [20:16] |
assbot | [BTCTC] [COGNITIVE] 3 @ 0.22999 = 0.69 BTC [+] | [20:18] |
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kakobrekla | mircea_popescu >> Oh nice! Bitcoin stocks on MPEX was something we were looking at integrating eventually. | [20:19] |
kakobrekla | hehe | [20:19] |
assbot | [BTCTC] [TAT.ASICMINER] 25 @ 0.01839 = 0.4598 BTC [-] | [20:19] |
mircea_popescu | who's that ? | [20:19] |
kakobrekla | some guy from zeroblock.com | [20:19] |
furuknap | TAT, could you tell me so I don't have to calculate myself, how much you get from the 5% in dividends on AM-PT? | [20:20] |
mircea_popescu | aha... | [20:20] |
mircea_popescu | i dunno what that even is ;/ | [20:20] |
ThickAsThieves | i get 5% | [20:20] |
furuknap | No shit... What's that in BTC, then... | [20:21] |
ThickAsThieves | it changes every week | [20:21] |
mircea_popescu | roughly speaking about .001 btc | [20:21] |
ThickAsThieves | it's very small | [20:21] |
furuknap | From the entire PT? Geez. | [20:21] |
ThickAsThieves | peoplethink of it like 5% of share value | [20:22] |
ThickAsThieves | but its nowhere near that | [20:22] |
ThickAsThieves | way smaller | [20:22] |
furuknap | I realize it's just the dividends. Thought it had higher volumes. | [20:22] |
ThickAsThieves | id need like 5000-10000 for it to even be notable | [20:23] |
ThickAsThieves | we're at like 1000 | [20:23] |
furuknap | ?? Isn't there around 10K on Bitfunder and 30K on BTCT? | [20:23] |
ThickAsThieves | those are no fee | [20:24] |
ThickAsThieves | and not run by me | [20:24] |
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furuknap | https://btct.co/security/TAT.ASICMINER <- Outstanding 28691 | [20:24] |
ThickAsThieves | i only run the fractional pt s | [20:24] |
ll | /100 | [20:24] |
Chaang-Noi | 125 | [20:24] |
* | gribble has quit (Remote host closed the connection) | [20:25] |
furuknap | Ah, you're talking shares, not fractions. Got it. | [20:25] |
Namworld | 10000 TAT ASICM = 100 ASICM = 3 BTC. x5% = 0.15 BTC or 18 dollars | [20:26] |
Namworld | He has to sell a lot | [20:26] |
Chaang-Noi | and 125 wall is down, fuck yeah | [20:26] |
Namworld | and 3 BTC is the last dividend which was high | [20:26] |
ThickAsThieves | thats one aspect that frustrates me a bit | [20:26] |
Namworld | uh? | [20:26] |
ThickAsThieves | is people make a big deal about the 5% | [20:26] |
Namworld | 125 is far from being down | [20:26] |
Namworld | 120 is | [20:26] |
Namworld | has been for a while | [20:26] |
ThickAsThieves | but it's nothing | [20:26] |
ThickAsThieves | they dont grasp the math | [20:27] |
Namworld | Wait... it is | [20:27] |
Namworld | It's slow on the updating here | [20:27] |
Bugpowder | 125 is down | [20:27] |
Bugpowder | $1M buy | [20:27] |
Bugpowder | went off | [20:27] |
ThickAsThieves | wow | [20:27] |
furuknap | Yeah, I just thought it was way bigger in volume. | [20:27] |
Bugpowder | the 118 bidwall is down | [20:27] |
Bugpowder | too | [20:27] |
mircea_popescu | [20:27] | |
mircea_popescu | so 1 per thousand. if he has 1k btc total float 1 btc | [20:28] |
ThickAsThieves | furuknap, I actually recall you were the fist one to give me shit about it | [20:28] |
* | ThickAsThieves drops a math bomb on furuknap | [20:28] |
furuknap | Yeah, because the volume should be much higher. I realize it didn't become as huge as when I suggested it. | [20:29] |
Chaang-Noi | i still see the 118 bid wall ? | [20:29] |
Chaang-Noi | bugpowder do you have me on ignore? | [20:29] |
Bugpowder | nope | [20:29] |
Bugpowder | wall at 118 used to be 10k | [20:30] |
ThickAsThieves | what volume should be higher? | [20:30] |
Chaang-Noi | wtf why did nam world say 125 is far from being dow, when it was gone? | [20:30] |
Bugpowder | just the wall itself | [20:30] |
Bugpowder | different sites are lagging | [20:30] |
ThickAsThieves | 5% of divs is entirely disproportionate a same to worry about considering the share value | [20:30] |
Chaang-Noi | i see, lag... | [20:30] |
assbot | [BTCTC] [TAT.ASICMINER] 50 @ 0.018312 = 0.9156 BTC [-] | [20:30] |
ThickAsThieves | do math on if i had 5000 whole-shares | [20:30] |
Chaang-Noi | hmm i wonder if my having fiber is an edge :/ | [20:30] |
ThickAsThieves | and what those are worth | [20:30] |
* | louong (~louong@S01060012174758b7.vc.shawcable.net) has joined #bitcoin-assets | [20:30] |
ThickAsThieves | vs 5% of divs | [20:30] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8722 BTC [+] | [20:31] |
assbot | [BTCTC] [TAT.ASICMINER] 20 @ 0.018311 = 0.3662 BTC [-] | [20:31] |
assbot | [MPEX] [S.MPOE] 7850 @ 0.00066943 = 5.255 BTC [-] | [20:31] |
furuknap | Well, there is a major difference betwen being a PT operator and holding shares. You can be a PT operator and not hold a single share yourself. | [20:32] |
ThickAsThieves | can you? | [20:32] |
ThickAsThieves | if i hold 5000 shares for the PT | [20:33] |
Chaang-Noi | nake short selling for the wi! | [20:33] |
ThickAsThieves | i'm still responsible for $1m worth of assets | [20:33] |
furuknap | Of course you can. Why wouldn't you? | [20:33] |
Chaang-Noi | naked* | [20:33] |
Chaang-Noi | win* | [20:33] |
ThickAsThieves | none of this is naked | [20:33] |
furuknap | I hope not :-) | [20:33] |
Chaang-Noi | just ask mp how profitable selling short 40,000 btc worth of pirate shit would ahve been worth. | [20:33] |
ThickAsThieves | it's all provable | [20:33] |
ThickAsThieves | I posted my transparency report | [20:34] |
ThickAsThieves | no other PT operator does that | [20:34] |
ThickAsThieves | go ahead and ask DT and Burnside to show their shares | [20:34] |
ThickAsThieves | I'd be interested to see em | [20:34] |
furuknap | Of course, I have no reason not to trust you, but you still don't have to hold personal shares, which is totally different from holding shares from someone else and routing the dividends. | [20:34] |
ThickAsThieves | indeed | [20:34] |
ThickAsThieves | but still a large liability | [20:34] |
furuknap | I understand there is work involved, but I saw the regular PT numbers and thought it would be much more interest in the 100PTs. | [20:35] |
* | naemsi has quit (Ping timeout: 240 seconds) | [20:35] |
ThickAsThieves | the PTs that charge no fee | [20:35] |
ThickAsThieves | are gamed | [20:35] |
ThickAsThieves | essentially | [20:35] |
ThickAsThieves | DT gets something out of the deal | [20:35] |
ThickAsThieves | we just dont know what | [20:35] |
furuknap | Actually burnside reaps from trading because it is his exchange. | [20:35] |
ThickAsThieves | yep | [20:35] |
ThickAsThieves | but | [20:35] |
furuknap | AM has been very, very profitable for him. That's why he took the fee away. | [20:35] |
ThickAsThieves | large conflict of interest there no? | [20:35] |
ThickAsThieves | he can game things from within | [20:36] |
furuknap | Of course there is, but he's very clear about it. | [20:36] |
Chaang-Noi | oh, i know burnside has a significant number of shares | [20:36] |
Chaang-Noi | i sold them and had friedcat send them to him personally | [20:36] |
ThickAsThieves | doesnt mean he still holds them | [20:36] |
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Chaang-Noi | he could have sold 2 or 3 times what i sent, but i know he has many many many | [20:36] |
ThickAsThieves | I'm not accusing so much as saying I think they SHOULD show proof | [20:37] |
Chaang-Noi | yeah, iv wondered about this too | [20:37] |
ThickAsThieves | Burnside would pass off his PT if it didnt have to be no-fee | [20:37] |
Chaang-Noi | but really... have to read the contract | [20:37] |
Chaang-Noi | some times naked short selling is fine | [20:37] |
ThickAsThieves | but bitfunder painted him into a corner | [20:37] |
ThickAsThieves | being no fee | [20:37] |
ThickAsThieves | so DT must be getting something out of it | [20:38] |
Chaang-Noi | he just wanted to keep people on his exchange, as he knew AM was the best hing evar | [20:38] |
ThickAsThieves | right | [20:38] |
Chaang-Noi | he had the first PT thanks to me | [20:38] |
ThickAsThieves | but DT does all the work | [20:38] |
ThickAsThieves | and trust me, there's work | [20:38] |
Chaang-Noi | DT has nothing to do with burnside | [20:38] |
furuknap | I think I heard why DT runs his PT for free sometime, but can't for the life of me remember what it was. | [20:38] |
ThickAsThieves | talking about BF chaang | [20:38] |
Chaang-Noi | ahh | [20:39] |
Chaang-Noi | DT did it for free cuz ukto helped out DT in the past | [20:39] |
ThickAsThieves | if BF didnt start with no-fee | [20:39] |
Chaang-Noi | paying back a favour | [20:39] |
ThickAsThieves | Burnside wouldnt have done no-fee | [20:39] |
mircea_popescu | [20:39] | |
mircea_popescu | be about 10 mins | [20:39] |
Chaang-Noi | TAT i know | [20:39] |
Chaang-Noi | mp, spreading fud, awesome :) | [20:39] |
ThickAsThieves | hehe | [20:39] |
ThickAsThieves | as i see it | [20:40] |
ThickAsThieves | it's unhealthy | [20:40] |
ThickAsThieves | to do no-fee | [20:40] |
ThickAsThieves | it starts bad trends | [20:40] |
furuknap | I agree, and to me, it's a red flag. | [20:40] |
Chaang-Noi | he gets a fee by having people lose a percent on every buy and sell | [20:40] |
ThickAsThieves | like exchanges running their own PT | [20:40] |
ThickAsThieves | kickbacks | [20:40] |
ThickAsThieves | etc | [20:40] |
Chaang-Noi | also people join his exchange | [20:40] |
ThickAsThieves | if your operators dont have incentive | [20:40] |
ThickAsThieves | theyll find it elsewhere | [20:40] |
Chaang-Noi | he tried to get me to run the pt but i would not do it being a us site and all | [20:41] |
taub | PT DT? | [20:41] |
ThickAsThieves | i guess i better fix my cookie | [20:41] |
Chaang-Noi | he talked to me personally,as im the guy who cooked him up so he could do it,. he just wanted it on his exchang first | [20:41] |
Chaang-Noi | taub pass though deadterra | [20:41] |
ThickAsThieves | i started mine with shares i actually held | [20:41] |
ThickAsThieves | no if/then deals | [20:41] |
assbot | [HAVELOCK] [VTX] 1 @ 0.4299 BTC [-] | [20:42] |
taub | ah | [20:42] |
Chaang-Noi | he had an options contract with me held by jahn the dong | [20:42] |
KRS1 | whats with that wall at $125 | [20:42] |
Chaang-Noi | the only question was if friedcat would move them or not | [20:42] |
Chaang-Noi | krs1 wall is dead | [20:42] |
KRS1 | hmm | [20:43] |
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Chaang-Noi | or you mean the buy wall? | [20:43] |
Chaang-Noi | the wall from 118 went to 125 | [20:43] |
KRS1 | oh ok | [20:43] |
Chaang-Noi | now its gone | [20:43] |
Chaang-Noi | 122.22 again | [20:43] |
Chaang-Noi | no one is seeing the same market at the same time, crazy shit | [20:44] |
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kakobrekla | http://blockchained.com/depth_mtgox_15d.png | [20:44] |
kakobrekla | fun. | [20:44] |
ThickAsThieves | ;;asks 200 | [20:44] |
Chaang-Noi | yes kako :) | [20:45] |
ThickAsThieves | ;bids 100 | [20:45] |
furuknap | Gribble is dead. | [20:45] |
ThickAsThieves | oh | [20:45] |
Chaang-Noi | the best is the asks | [20:45] |
Bugpowder | munch munch | [20:45] |
Chaang-Noi | you mean choo choo motherfucker! | [20:45] |
kakobrekla | you mean fyl chickun ? | [20:45] |
ThickAsThieves | fly chikun in flight, afternoon delight | [20:46] |
Chaang-Noi | that is for ltc | [20:46] |
Chaang-Noi | choo choo motherfucker is for btc | [20:46] |
furuknap | Uhm... Did LTC just have a rocket up its ass? | [20:46] |
Chaang-Noi | kako, keep uo with the almost weekly changing slang | [20:46] |
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Chaang-Noi | ltc is about where it was a day ago | [20:47] |
Chaang-Noi | ltc is down from a week ago | [20:47] |
kakobrekla | well Chaang-Noi thanks for providing slang updating service | [20:47] |
furuknap | Actually, it's up about 10% vs BTC and 20% vs USD just in a couple of hours on BTCE. | [20:47] |
Chaang-Noi | np | [20:47] |
furuknap | Dammit! I just sold one of my GPUs to buy LTC and didn't get the cash in time. | [20:48] |
Bugpowder | LTC is a joke | [20:48] |
Bugpowder | bubble in a bubbl | [20:49] |
furuknap | Then you stay away, problem solved :-) | [20:49] |
Chaang-Noi | yes, ltc is a joke, a joke so funny i made $500,000 | [20:49] |
Chaang-Noi | iv made so much more off of ltc than btc | [20:49] |
taub | dat book ratio | [20:50] |
ThickAsThieves | dominos is slinging pizza-flavored DVDs | [20:51] |
mircea_popescu | ThickAsThieves http://polimedia.us/trilema/2013/bringing-forth-the-light-of-holy-economy/ | [20:51] |
taub | two new coins at btce... | [20:52] |
taub | ftc and cnc what hte fug | [20:52] |
Chaang-Noi | off to bed, night all | [20:52] |
assbot | [BTCTC] [ESECURITYSABTC] 1 @ 0.32275 BTC [-] | [20:54] |
ThickAsThieves | so far I love "I can’t have fun behaving uneconomically." | [20:54] |
mircea_popescu | it's basically the same idea, "crafting is for fun not for making tria" vs "running pts is for fun not for making btc" | [20:55] |
mircea_popescu | people are very much used to this basically nonsensical crap they spend their life in cause it's "easier" | [20:55] |
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error4733 | ;;ticker | [20:57] |
furuknap | Gribble dead. | [20:57] |
furuknap | It's roughly 125, tho... | [20:58] |
furuknap | :-) | [20:58] |
error4733 | griblebackup ? please | [20:58] |
ThickAsThieves | mp, the article is funny, but i was anticipating someting more directly bitcoin-provocative :( | [20:58] |
ThickAsThieves | like "hey fuckface, show me the fucking proof and tell me all ur backroom dealz nao!" | [20:59] |
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ThickAsThieves | or waxing on why no-fee is bad for bitcoin investing | [21:00] |
ThickAsThieves | i guess i'm free to write my own shit | [21:00] |
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assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8745 BTC [+] | [21:02] |
* | benkay has quit (Quit: This computer has gone to sleep) | [21:03] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.87475 BTC [+] | [21:03] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.875 = 3.75 BTC [+] | [21:03] |
assbot | [BTCTC] [ASICMINER-PT] 4 @ 1.875 = 7.5 BTC [+] | [21:04] |
assbot | [BTCTC] [ASICMINER-PT] 5 @ 1.879 = 9.395 BTC [+] | [21:04] |
assbot | [BTCTC] [ASICMINER-PT] 3 @ 1.87998 = 5.6399 BTC [+] | [21:04] |
mircea_popescu | ThickAsThieves gegege | [21:04] |
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assbot | [BTCTC] [PAJKA.BOND] 1 @ 0.1049 BTC [+] | [21:06] |
assbot | [BTCTC] [PAJKA.BOND] 10 @ 0.105 = 1.05 BTC [+] | [21:07] |
* | fydel (~fydel@p579E1E8B.dip0.t-ipconnect.de) has joined #bitcoin-assets | [21:08] |
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assbot | [BTCTC] [TAT.ASICMINER] 100 @ 0.01839 = 1.839 BTC [+] | [21:08] |
assbot | [BTCTC] [ASICMINER-PT] 5 @ 1.4 = 7 BTC [-] | [21:11] |
assbot | [HAVELOCK] [SDICE] 7 @ 0.2202 = 1.5414 BTC [+] | [21:12] |
assbot | [HAVELOCK] [SDICE] 2 @ 0.220101 = 0.4402 BTC [-] | [21:12] |
assbot | [HAVELOCK] [SDICE] 11 @ 0.22 = 2.42 BTC [-] | [21:12] |
assbot | [HAVELOCK] [SDICE] 9 @ 0.22 = 1.98 BTC [-] | [21:14] |
* | davout has quit (Remote host closed the connection) | [21:14] |
assbot | [BTCTC] [TAT.ASICMINER] 9 @ 0.01839 = 0.1655 BTC [+] | [21:14] |
assbot | [HAVELOCK] [ASICM] 28 @ 0.0183 = 0.5124 BTC [-] | [21:16] |
assbot | [HAVELOCK] [ASICM] 205 @ 0.01830101 = 3.7517 BTC [+] | [21:16] |
assbot | [HAVELOCK] [ASICM] 20 @ 0.018301 = 0.366 BTC [-] | [21:16] |
assbot | [HAVELOCK] [ASICM] 315 @ 0.01830001 = 5.7645 BTC [-] | [21:16] |
assbot | [HAVELOCK] [ASICM] 432 @ 0.0183 = 7.9056 BTC [-] | [21:16] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8795 BTC [+] | [21:16] |
assbot | [BTCTC] [TAT.ASICMINER] 99 @ 0.01849 = 1.8305 BTC [+] | [21:17] |
* | diana_coman has quit (Quit: Leaving) | [21:17] |
assbot | [BTCTC] [ASICMINER-PT] 10 @ 1.8795 = 18.795 BTC [+] | [21:19] |
* | fydel has quit (Ping timeout: 256 seconds) | [21:19] |
assbot | [HAVELOCK] [ASICM] 60 @ 0.0183 = 1.098 BTC [-] | [21:20] |
assbot | [HAVELOCK] [ASICM] 40 @ 0.0183 = 0.732 BTC [-] | [21:20] |
assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.01849 = 0.0925 BTC [+] | [21:20] |
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assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.84 BTC [-] | [21:23] |
assbot | [BTCTC] [GSDPT] 13 @ 0.002789 = 0.0363 BTC [+] | [21:27] |
jurov | mircea_popescu: maybe you can help him? http://blog.dwolla.com/i-want-to-work-with-more-women/ | [21:30] |
mircea_popescu | i can, which doesn't mean i will. | [21:30] |
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* | illumin_ is now known as illumin | [21:31] |
jcpham | http://youtu.be/NlwGP4VhkWA | [21:32] |
mircea_popescu | anyway, the reason women don't work for him is cause he's a creepy looking dude. | [21:32] |
mircea_popescu | (i asked my own hr) | [21:32] |
ThickAsThieves | what a weird blog | [21:33] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8798 BTC [+] | [21:33] |
ThickAsThieves | " I’m trying to see if you’re building something and if so, on what, for whom, so I can figure out how to find you." | [21:33] |
ThickAsThieves | good luck, buddy! | [21:33] |
mircea_popescu | and yeah, he writes the creepiest shit too | [21:33] |
jcpham | what if the woman wants you to be her dominant partner | [21:34] |
jcpham | and she wants to be the sub | [21:34] |
jcpham | no kissing | [21:34] |
ThickAsThieves | from comments: | [21:34] |
ThickAsThieves | "This is amazing, thanks for posting this Ben! If Dwolla was located in Chicago I'd be applying for a front-end dev job right now." | [21:34] |
ThickAsThieves | 'front end dev' is that what they call it these days ;) | [21:34] |
assbot | [BTCTC] [COGNITIVE] 2 @ 0.22999 = 0.46 BTC [+] | [21:35] |
mircea_popescu | i think she means front end loading | [21:35] |
mircea_popescu | as in, no anal. | [21:35] |
furuknap | It is. Quite common term, actually. It's all HTML5 and moving things and stuff. | [21:35] |
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ThickAsThieves | it was a joke furuk | [21:35] |
furuknap | I realize that. | [21:35] |
ThickAsThieves | i'll stick to my day job | [21:35] |
mircea_popescu | boom-tssss | [21:35] |
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assbot | [BTCTC] [GSDPT] 9 @ 0.002789 = 0.0251 BTC [+] | [21:36] |
ThickAsThieves | comment from a male | [21:36] |
ThickAsThieves | "Possibly put an intern or Jenna (if she has time) on reach out duty" | [21:36] |
ThickAsThieves | hehe | [21:37] |
ThickAsThieves | okay i'll stop being a 13yo | [21:37] |
ThickAsThieves | oh furuknap, look at this horrible math error https://bitcointalk.org/index.php?topic=99497.msg2183514#msg2183514 | [21:38] |
ThickAsThieves | he thinks max share price for 1 share is all bitcoins | [21:38] |
ThickAsThieves | I think he missed something there | [21:38] |
assbot | [HAVELOCK] [ASICM] 11 @ 0.0186 = 0.2046 BTC [+] | [21:39] |
furuknap | I think a lot of the people right now are missing something, possibly vital too. | [21:39] |
ThickAsThieves | even impossible if you divide by 400k | [21:39] |
assbot | [HAVELOCK] [ASICM] 1 @ 0.0186 BTC [+] | [21:40] |
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assbot | [BTCTC] [TAT.ASICMINER] 39 @ 0.01849 = 0.7211 BTC [+] | [21:42] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.841 BTC [-] | [21:43] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.84 BTC [-] | [21:43] |
assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.01832 = 0.0916 BTC [-] | [21:44] |
assbot | [BTCTC] [TAT.ASICMINER] 50 @ 0.0183 = 0.915 BTC [-] | [21:44] |
* | benkay (~benkay@209.140.109.247) has joined #bitcoin-assets | [21:45] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8725 BTC [+] | [21:51] |
assbot | [BTCTC] [ASICMINER-PT] 4 @ 1.8725 = 7.49 BTC [+] | [21:53] |
assbot | [BTCTC] [TAT.ASICMINER] 20 @ 0.01821 = 0.3642 BTC [-] | [21:53] |
* | Dimsler (~dimsler@dhcp-20-aa-4b-fd-a4-ce.cpe.sourcecable.net) has joined #bitcoin-assets | [21:55] |
furuknap | Damn, I so want to publish my numbers and model. I'll hold back, though. If I'm right, it's easily proven after the fact. If I'm wrong, it won't help anyone. | [21:57] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01821 BTC [-] | [22:01] |
ThickAsThieves | you can always share here | [22:02] |
ThickAsThieves | it's not quite like broadcasting n forums | [22:02] |
* | farfi (~farfi@85-250-109-105.bb.netvision.net.il) has left #bitcoin-assets | [22:02] |
kakobrekla | its not like we have a log or anything. | [22:02] |
furuknap | Heh, yeah, that'd stay secret for about, I don't know, 10ns? | [22:03] |
ThickAsThieves | didn't know it was an all-out "secret" | [22:04] |
jcpham | insider information welcomed anytime in #bitcoin-assets! | [22:04] |
ThickAsThieves | ^ | [22:04] |
jcpham | no regulators here, just friendlies | [22:05] |
furuknap | It's not a 'secret' per se, but if I'm right and publish in advance, I'll just be charged with trying to manipulate the price. I have no intention of manipulating anything. I have no insider information, just an analysis that shows there is no way for investors to recouperate their investments at these levels. | [22:06] |
jurov | you have 10ns ping? /me want | [22:06] |
furuknap | Besides, it's mostly targeted at surviving 2016. Most 'investors' now don't see past the next dividend. I doubt it will help anyone. | [22:06] |
jurov | bitcoin pensionary fund operators might be interested | [22:07] |
jurov | ;;next | [22:08] |
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furuknap | It's really not that complicated. It makes a couple of assumptions. 1) With the current dividend level, AM will focus solely on churning out cash, not preparing for 2016 halving, and 2) in 2016 due to halving of revenue, share prices will halve too. If those assumptions are correct, you simply divide half the current share price over the number of weeks or months, subtract that from the dividend based on expected hashrate (whi | [22:10] |
mircea_popescu | vh | [22:10] |
mircea_popescu | furuknap : make a statement of it, publish the hash of it | [22:10] |
mircea_popescu | then later you can publish the statement | [22:11] |
mircea_popescu | maybe also publish the wordcount, just in case kids don't comprehend hashing. | [22:11] |
furuknap | I was thinking something like that, but really, is isn't required. The numbers won't change so they are the same in three months or a year and will just show the same results. | [22:11] |
kakobrekla | you got cut | [22:11] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.872 BTC [-] | [22:12] |
kakobrekla | > subtract that from the dividend based on expected hashrate (whi | [22:12] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8725 BTC [+] | [22:12] |
furuknap | subtract that from the dividend based on expected hashrate (which technically is also an assumption). | [22:12] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.8725 = 3.745 BTC [+] | [22:12] |
mircea_popescu | no mining asset halved during the reward halving | [22:13] |
* | error4733 has quit (Ping timeout: 240 seconds) | [22:13] |
jcpham | what's so bad about being charged with manipulating the price | [22:14] |
furuknap | That's why it's an assumption, but really, AM must double their network percentage to maintain the same dividends. AM wasn't paying mining-based dividends at anything close to what they're expecting over the next years. | [22:14] |
mircea_popescu | i doubt price formation has much to do with any sort of rational thinking. | [22:14] |
jcpham | mining turds never repay | [22:14] |
jcpham | got to get out early | [22:15] |
mircea_popescu | the main components are 1. people wish to participate, they see mining as participation, they can't afford rigs so this is the next best | [22:15] |
assbot | [BTCTC] [CRYPTO-TRADE] 2 @ 0.1955 = 0.391 BTC [-] | [22:15] |
furuknap | Oh, I agree. People bay hundreds of dollars for an iPhone and that is just a piece of shit. | [22:15] |
jurov | and you seem to imply that AM will be around in unchanged form 3 years from now, and also we won't increase blocksize (and thus txfees). which is pretty unlikely. | [22:15] |
mircea_popescu | 2. people wish to be "together", this is like the one thing where they can be together | [22:15] |
mircea_popescu | "so guise, do you think price is going up" | [22:15] |
furuknap | The model actually assumes a certain block size increase. | [22:15] |
mircea_popescu | it's like birds chipring to one another "op there's many of us we'll be safe chirp chirp" | [22:15] |
assbot | [BTCTC] [CRYPTO-TRADE] 1 @ 0.191001 BTC [-] | [22:15] |
Scrat | supernodes are pumping the price | [22:15] |
Scrat | fuck supernodes, man | [22:15] |
furuknap | Yeah, and that herd is driving the price now, not anything fndamental. | [22:15] |
mircea_popescu | jurov not increasing blocksize is what increases fees. | [22:16] |
furuknap | Really, it doesn't bother me if people mindlessly run in one direction, but I'm somewhat bothered by having information that may help people not get burned. If they still want to stampede, fine. | [22:16] |
assbot | [BTCTC] [CRYPTO-TRADE] 3 @ 0.191 = 0.573 BTC [-] | [22:17] |
mircea_popescu | so publish it | [22:17] |
furuknap | I doubt very many people realize all the factors in evaluating AM sustainability and are just seeing huge dividends, expecting that to stick around forever. | [22:17] |
ThickAsThieves | I think your ideas are riddled with assumptions | [22:18] |
jcpham | pics or didn't happen | [22:18] |
jcpham | where is tiberiusv | [22:18] |
jurov | mircea_popescu: that remains to seen whether the demand is really so elastic. | [22:18] |
ThickAsThieves | One doesn't just assume in bitcoin | [22:18] |
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Scrat | jcpham: banned | [22:18] |
jcpham | drats | [22:19] |
ThickAsThieves | a number of your assumptions are also in contrast with known history | [22:19] |
* | bitbuyer_m (~bitbuyer_@173-11-123-94-SFBA.hfc.comcastbusiness.net) has joined #bitcoin-assets | [22:19] |
ThickAsThieves | making them that much more potentially "wild" | [22:19] |
ThickAsThieves | that said | [22:19] |
ThickAsThieves | I could use a little dip in the price | [22:19] |
ThickAsThieves | so fire away | [22:19] |
jurov | we need soros-level analysis instead of these maff nerds | [22:20] |
jurov | he claims to take irrationality into account | [22:20] |
jurov | and hype | [22:21] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.845 BTC [-] | [22:21] |
jurov | seems to work for him | [22:21] |
furuknap | At some point, someone will do that math. Bitcoin mining is quite predictable due to its finite reward. If we had inflation, this wouldn't be a problem. | [22:22] |
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jurov | lol do tell me, i sell diff derivatives. but btc price is pretty much not predictable, and it affects am much. | [22:23] |
* | jan is now known as Guest73929 | [22:23] |
ThickAsThieves | what if in 3 years, 80% of AM revenue is hardware sales | [22:24] |
ThickAsThieves | what if in 2 years AM sells the company at a 25% premium? | [22:24] |
furuknap | TAT: Yeah, that could be a solution, but to do that, there would need to be funds for research, production, marketing, etc, etc, etc. Right now, it doesn't seem like friedcat is willing to think that far ahead. | [22:25] |
ThickAsThieves | where did you get that impression? | [22:25] |
furuknap | They may sell, but they'll sell to someone far better at math than me. | [22:25] |
ThickAsThieves | surely they would not sell to a mathematician | [22:26] |
jurov | $oi | [22:26] |
jurov | $oix | [22:26] |
* | SpNg (~ARolek@wsip-70-167-118-33.sd.sd.cox.net) has joined #bitcoin-assets | [22:26] |
furuknap | From pouring out as much dividend as possible. I'm not saying "No" to dividends, I'm saying a pile of cash in the hands of friedcat is better at ensuring sustainability than a ton of dimes in the hands of thousands of investors. | [22:26] |
jurov | !ticker m ^oix | [22:26] |
assbot | [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC) | [22:26] |
jurov | O.o | [22:26] |
ThickAsThieves | they do not always pay out 100% divs | [22:26] |
ThickAsThieves | they have retained much | [22:26] |
ThickAsThieves | and will retain in the future | [22:26] |
ThickAsThieves | they just didnt this week | [22:27] |
furuknap | They wouldn't have to pay half that. People don't seem to realize that not paying dividends doesn't mean the money is burned in a forge. | [22:27] |
ThickAsThieves | i dont think you are listening | [22:27] |
ThickAsThieves | they have reserves | [22:27] |
ThickAsThieves | and add to them some weeks | [22:27] |
ThickAsThieves | just not all weeks | [22:28] |
ThickAsThieves | they are planning next-gen already | [22:28] |
ThickAsThieves | they are planning 1000TH before year's end as a conservative goal | [22:29] |
furuknap | I know that has been said. I haven't been able to figure out how much. | [22:29] |
ThickAsThieves | you probably could | [22:29] |
ThickAsThieves | would take digging | [22:29] |
furuknap | Well, it's really moot. I'll have my models in a year too, and even longer :-) | [22:29] |
* | error4733 (~error4733@ip-83-134-215-149.dsl.scarlet.be) has joined #bitcoin-assets | [22:31] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.8724 = 3.7448 BTC [+] | [22:31] |
jurov | $avg | [22:32] |
assbot | [BTCTC] [ASICMINER-PT] 3 @ 1.8724 = 5.6172 BTC [+] | [22:32] |
mpexbot | jurov: 117.10 | [22:32] |
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furuknap | BTW, out of curiosity, if there came a tender offer on AM, how would the PTs handle that? Vote? | [22:34] |
ThickAsThieves | my PT has no voting rights | [22:35] |
* | luke-jr_ is now known as Luke-Jr | [22:35] |
ThickAsThieves | I dont think AM shares have them either | [22:35] |
furuknap | That's my point. I'm sure the buyer would want to know whether they could buy... | [22:35] |
ThickAsThieves | probably a board decision | [22:35] |
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furuknap | Board can't decide whether someone sells. | [22:35] |
ThickAsThieves | my PT acts in kind with the underlying asset | [22:36] |
ThickAsThieves | if AM sold | [22:36] |
ThickAsThieves | there would be a mass buyback | [22:36] |
furuknap | Hm... | [22:37] |
* | deadweasel has quit (Remote host closed the connection) | [22:37] |
furuknap | If there was a forced buy-back... By whose authority would that happen? It would be according to Chinese law, I would presume. However, since the PT-holder don't hold shares, the buyback would be against the PT operator. | [22:38] |
furuknap | I need to get to bed, I'm seeing wafer designs on the inside of my eyelids. | [22:39] |
furuknap | Talk to you guys another day. | [22:39] |
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assbot | [BTCTC] [TAT.ASICMINER] 13 @ 0.0182 = 0.2366 BTC [-] | [22:40] |
assbot | [BTCTC] [TAT.ASICMINER] 200 @ 0.0182 = 3.64 BTC [-] | [22:40] |
* | daybyter has quit (Quit: Konversation terminated!) | [22:40] |
assbot | [HAVELOCK] [ASICM] 200 @ 0.01855 = 3.71 BTC [-] | [22:45] |
jurov | mircea_popescu: where is mpoe bot? | [22:45] |
mircea_popescu | mmm | [22:45] |
mircea_popescu | smickles_ runs him | [22:45] |
* | blehg (4b9d17a2@gateway/web/freenode/ip.75.157.23.162) has joined #bitcoin-assets | [22:45] |
jurov | smickles_ abducted him? | [22:46] |
* | gesell has quit (Quit: Leaving.) | [22:46] |
mircea_popescu | prolly connectivity issues ? | [22:46] |
assbot | [MPEX] [S.MPOE] 3400 @ 0.00066943 = 2.2761 BTC [-] | [22:46] |
jurov | $avg works | [22:46] |
jurov | i hope | [22:47] |
jurov | $avg | [22:47] |
mpexbot | jurov: 117.10 | [22:47] |
* | benkay has quit (Read error: Connection reset by peer) | [22:47] |
mircea_popescu | ok so then what's the problem | [22:47] |
makomk | malaimo maximian metabyte_ midnightmagic MiningBuddy- mircea_popescu mjr_ mjr___ mod6 mpexbot | [22:47] |
makomk | malaimo maximian metabyte_ midnightmagic MiningBuddy- mircea_popescu mjr_ mjr___ mod6 mpexbot | [22:47] |
jurov | ic, i can create any options i want and sell to myself. all solved. | [22:48] |
* | SMSM (~SM@188-230-165-225.dynamic.t-2.net) has joined #bitcoin-assets | [22:49] |
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mircea_popescu | huh ?! | [22:55] |
jcpham | definitely | [22:55] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.872499 BTC [+] | [22:58] |
* | Now talking on #bitcoin-assets | [23:04] |
* | Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading, I heard. | [23:04] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Tue May 14 16:38:49 2013 | [23:04] |
Namworld | Coinroll really getting a good betting volume. And it won't IPO =/ | [23:05] |
jurov | truffles IPO your booze then | [23:06] |
jurov | should appreciate over time... but delivery of dividends would be problematic | [23:07] |
assbot | [BTCTC] [TAT.ASICMINER] 2 @ 0.01821 = 0.0364 BTC [+] | [23:07] |
Namworld | I'd totally invest in your booze, truffles | [23:07] |
assbot | [BTCTC] [TAT.ASICMINER] 5 @ 0.01821 = 0.0911 BTC [+] | [23:07] |
jurov | maybe ThickAsThieves could figure passthrough :DDDD | [23:07] |
* | deadweasel (~deadwease@cpe-74-75-235-219.maine.res.rr.com) has joined #bitcoin-assets | [23:08] |
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assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8725 BTC [+] | [23:09] |
* | Namworld forcibly "invests" in truffles booze at the price set by Namworld's regulation. | [23:09] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.8797 = 3.7594 BTC [+] | [23:09] |
taub | i love the sierrachart jabs at mtgox | [23:10] |
taub | >Interesting. Never heard of such a concept when it comes to trading. We would think that immediate execution should always be achieved as much as possible. | [23:10] |
mircea_popescu | taub context ? | [23:10] |
taub | regarding the goxlag | [23:11] |
mircea_popescu | o | [23:11] |
taub | http://www.sierrachart.com/SupportBoard.php?ThreadID=527 | [23:11] |
taub | and that other one regarding socket io | [23:11] |
taub | We see that the MTGox data feed is not entirely reliable and also from an engineering perspective, its technical implementation really is very confusing and not well structured. They are using what is called a web socket and then on top of that Socket I/O . This is unnecessary and the method by which this is implemented is not technically correct. So we are not very impressed with the MTGox data feed. This is just a comment. | [23:11] |
optimator | jcpham: homemade rye is nice as long as the rye is in moderation | [23:12] |
jcpham | i like a strong pale | [23:12] |
jcpham | like hops too | [23:12] |
jcpham | homebrewing is legal now as of a few days ago | [23:12] |
jcpham | thinking about starting | [23:13] |
optimator | i'm searching for the perfect porter - that balances hops and sweetness | [23:13] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8797 BTC [+] | [23:13] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01821 BTC [+] | [23:16] |
optimator | it's funny the things the state tries to regulate | [23:16] |
jcpham | http://www.reddit.com/r/Bitcoin/comments/1ejcul/6k_invested_in_the_asicminer_ipo_would_value_12m/ | [23:17] |
assbot | [HAVELOCK] [ASICM] 100 @ 0.01855 = 1.855 BTC [-] | [23:17] |
jcpham | funny i sold yesterday | [23:17] |
jcpham | ho hum | [23:17] |
jcpham | damn these asics | [23:17] |
jcpham | nope | [23:17] |
mircea_popescu | lol noobs and their issues. always funny. | [23:18] |
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assbot | [HAVELOCK] [ASICM] 10 @ 0.0186 = 0.186 BTC [+] | [23:20] |
* | Anduck (~Anduck@85-76-175-92-nat.elisa-mobile.fi) has joined #bitcoin-assets | [23:20] |
* | Anduck has quit (Changing host) | [23:20] |
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* | deadweasel has quit (Ping timeout: 276 seconds) | [23:21] |
assbot | [BTCTC] [ASICMINER-PT] 2 @ 1.8798 = 3.7596 BTC [+] | [23:24] |
assbot | [BTCTC] [S.DICE-PT] 5 @ 0.002577 = 0.0129 BTC [+] | [23:28] |
assbot | [BTCTC] [S.DICE-PT] 88 @ 0.002578 = 0.2269 BTC [+] | [23:29] |
assbot | [BTCTC] [S.DICE-PT] 140 @ 0.002589 = 0.3625 BTC [+] | [23:31] |
assbot | [BTCTC] [TAT.ASICMINER] 6 @ 0.01821 = 0.1093 BTC [+] | [23:33] |
assbot | [MPEX] [S.MPOE] 4321 @ 0.00066701 = 2.8822 BTC [-] | [23:36] |
assbot | [MPEX] [S.MPOE] 10000 @ 0.000667 = 6.67 BTC [-] | [23:36] |
assbot | [MPEX] [S.MPOE] 2979 @ 0.00066578 = 1.9834 BTC [-] | [23:36] |
* | deadweasel (~deadwease@cpe-74-75-235-219.maine.res.rr.com) has joined #bitcoin-assets | [23:36] |
* | deadweasel has quit (Changing host) | [23:36] |
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assbot | [BTCTC] [TAT.ASICMINER] 29 @ 0.01821 = 0.5281 BTC [+] | [23:37] |
assbot | [BTCTC] [ASICMINER-PT] 1 @ 1.8798 BTC [+] | [23:38] |
assbot | [HAVELOCK] [ASICM] 5 @ 0.0186 = 0.093 BTC [+] | [23:42] |
assbot | [BTCTC] [TAT.ASICMINER] 35 @ 0.01821 = 0.6374 BTC [+] | [23:43] |
* | sasso (~SM@188-230-165-225.dynamic.t-2.net) has joined #bitcoin-assets | [23:44] |
assbot | [BTCTC] [GSDPT] 5 @ 0.002789 = 0.0139 BTC [+] | [23:45] |
assbot | [BTCTC] [TAT.ASICMINER] 44 @ 0.01849 = 0.8136 BTC [+] | [23:47] |
assbot | [BTCTC] [TAT.ASICMINER] 1 @ 0.01849 BTC [+] | [23:48] |
assbot | [MPEX] [S.MPOE] 4850 @ 0.00066984 = 3.2487 BTC [+] | [23:48] |
assbot | [MPEX] [S.MPOE] 1694 @ 0.00067238 = 1.139 BTC [+] | [23:48] |
assbot | [HAVELOCK] [ASICM] 55 @ 0.0186 = 1.023 BTC [+] | [23:50] |
assbot | [HAVELOCK] [ASICM] 2 @ 0.0186 = 0.0372 BTC [+] | [23:51] |
assbot | [HAVELOCK] [ASICM] 1 @ 0.0186 BTC [+] | [23:52] |
assbot | [HAVELOCK] [HIM] 1 @ 2.0399 BTC [+] | [23:53] |
jcpham | http://quantabytes.com/articles/report-for-day-zero-of-bitcoin-2013-the-future-of-payments | [23:53] |
jcpham | mircea_popescu, | [23:53] |
jcpham | "Wences Casares, founder of Lemon" | [23:53] |
mircea_popescu | yea ? | [23:53] |
jcpham | did you know that | [23:53] |
jcpham | the rota case guy runs a wallet | [23:54] |
jcpham | http://lemon.com/ | [23:54] |
mircea_popescu | yeah. | [23:54] |
jcpham | i spend so much time in the dark in the cold. | [23:54] |
jcpham | in the rain. | [23:54] |
mircea_popescu | he was at my conference, we talked abnout it... | [23:54] |
kakobrekla | and he is on this chan. | [23:55] |
jcpham | super | [23:55] |
* | jcpham crawls back in his hole | [23:55] |
mircea_popescu | lol poor josh | [23:55] |
assbot | [BTCTC] [TAT.ASICMINER] 3 @ 0.01849 = 0.0555 BTC [+] | [23:55] |
assbot | [HAVELOCK] [ASICM] 4 @ 0.0186 = 0.0744 BTC [+] | [23:56] |
jcpham | it's probably beeter that i don't know who people are or give a shit | [23:56] |
mircea_popescu | y ? | [23:56] |
jcpham | possible fixation | [23:56] |
jcpham | i'm easily distracted | [23:56] |
* | sasso has quit (Remote host closed the connection) | [23:57] |
jcpham | so the bitcoin conference started today? | [23:57] |
KRS1 | mtgox has namecoin in their api too i did not know this..they must be at least slightly interested in the alt coins | [23:58] |
jurov | ofc: Will Bitcoin be able to scale in the face of exponential growth? Mike answered "yes" and without the need for "Bitcoin banks" or supernodes. | [23:59] |
Category: Logs