1003700+ entries in 0.755s
EskimoBob: the assets-otc happening
that's paling in
the
theater near you :)
Chaang-Noi: was
this something i wrote or someone else?
EskimoBob: yeah, something about you escaping
to
Thailand etc
EskimoBob: I was reading somewhere
that you are not really comfortable in US because of some old shit
Chaang-Noi: unless pirate was doing some
terrorist like shit
Chaang-Noi: they will have
to ship me over from
thailand
EskimoBob: especially if
they ask for
third party documents or what not
EskimoBob: remember court order or
they can go and fuck
themselves
Chaang-Noi: yeah im not doing shit until
they contact me
EskimoBob: let
them send you a letter with what
they want
EskimoBob: unless
they show you a court order (publish it)
that prohibits
the publication of documents
Chaang-Noi: esp if
they wont
tell me what
they want
Chaang-Noi: they want me
to call
them and
they
tape my phone call, not going
to happen
EskimoBob: chats are bull shit and if
they start
twisting your arm, you have nothing
to prove it. Chat ONLY via letters and publish every one of
them
Chaang-Noi: im going
to wait for
them
to contact me directly
Chaang-Noi: i have
trusted friends who called
the SEC
Chaang-Noi: anyway
the other people are now ready
to sue pirate...
Chaang-Noi: i had
to operate on my own for
the share holders
Chaang-Noi: when pirate did
that wait
til
the 12th
thing most people quit on me
EskimoBob: Chaang-Noi: how's your ninja
team doing? Any progress? When can we see bleading and
toothless
Trendon begging for mercy and
transferring all
the stolen coins back?
EskimoBob: gpumax was spamming for news sign-up's not
too long ago
EskimoBob: this seen is worst
than
the Mexican soap opera
EskimoBob: what? Another drama in
the happy-happy-joy-joy bitcoin land?
mircea_popescu: i didn't revise
the claim. what i pointed out was
that
third parties will be able
to verify
this at a set point in
the future.
copumpkin: mircea_popescu: I
think it's kind of shitty
to claim
that harnett defaulted, and
then
to revise
the claim
to say you
think he will
BTC-Mining: It's now
the wee hours of
the morning. I'm off for
today.
BTC-Mining: Not sure why you would
think so for Harnett
BTC-Mining: so... how do you know if
there's no announcement or anything?
mircea_popescu: you will, once he fails
to pay my 500 btc end of
the month
BTC-Mining: aye, so where can I read about
that? Do you remember
the
thread?
mircea_popescu: the only people willing
to borrow are
those who don't intend
to repay.
mircea_popescu: it doesn't work in
the real world, either. if you compensate for bad loans by jacking up rates eventually you create a vicious circle :
mircea_popescu: i'm also sure he's going
to spend most of
those years in various courts.
mircea_popescu: i'm sure he has a great plan
to make everything right over
the span of a few years
mircea_popescu: thestringpuller
the last play-pretend forum banker defaulted recently, didn't he ?
BTC-Mining: Mining is profitable... just not for fixed mhash/s bond because of what's stated in
the
thread.
mircea_popescu: thestringpuller it's a cash-flow business. let me dig
the
thing up
kuzetsa: people playing satoshi dice will keep wasting
time with
the various faucets, and eating
transaction fees
to pay
the miners for
their electricity
thestringpuller: if you have hardware couldnt you liquidate your equipment over
time
to somewhat cover
the cost of keeping up with moores law...
mircea_popescu: you'll have
to double power every 18 months just
to stay
the same, and
this AFTER it stops growing.
thestringpuller: at some point 0 btc
transactions will
take days
to clear no?
mircea_popescu: miners are only secure in
the sense
that you're secure in
the knowledge your investment will eventually devalue
to almost 0.
BTC-Mining: Eh,
tell
that
to
those who bought fixed hashing bonds...
BTC-Mining: Sometimes even under or near
the next dividend's value.
BTC-Mining: All due
to a few purchases under 10% of
the asset's value.
BTC-Mining: Sometimes as low as 5%-30% of
the asset's average value.
BTC-Mining: It
then allowed me
to have a lot of lowball bids everywhere.
BTC-Mining: More
than I could actively
trade, so most had
to be left in some asset or another.
BTC-Mining: Only because I put a lot of money upfront
to start
trading.
BTC-Mining: And
the movements were quite extreme, it was ridiculous
BTC-Mining: Well
that'd be mostly what I was doing
then.
dub: mmm
the mrs brought me back a 21 y/o
kakobrekla: just imagine eur is btc on
the exchange
jurov: dunno, perhaps i'll have
to
try it myself
to understand why btc/usd is irrelevant at bit4x
kakobrekla: for
the rest of
the stuff 0.01 is min, so 100 btc with 1:10 will do
jurov: so i deposit, say, 100BTC. now, can i use
them for usd/eur/gold forex
trades, no?
kakobrekla: as site says its irrelevant as per your
trading
jurov: then
they have
to
take bitcoin movement into account
jurov: but if someone funds with btc and want
to
trade
trades eur/usd, and later wants
to cash out in bitcoins, you use current exch rate, no?
kakobrekla: all deposits
that clients made are in my cold storage
jurov: but what happens if btc shoots up? you eat
the loss?