log☇︎
1024400+ entries in 0.668s
mircea_popescu: lol ok, lets find moar gems, this is becoming fun.
mircea_popescu: at the emergency meeting ?
Diablo-D3: mircea_popescu: no, this was planned earlier
Diablo-D3: mircea_popescu: I was already going to trade these to obsi, I thought you knew
mircea_popescu: so Diablo-D3 i'm guessing nao in case someone asks you don't have anymore asicminer to trade at your market forces driven rate of 6 to 10 ? :D
Obsi: Diablo-D3: which account to send to?
mircea_popescu: this is the most ridiculous thing i ever saw in my life
mircea_popescu: asic miner he's trading 10 to 3
mircea_popescu: OBSI.ABMO he's trading 82 to 9.
mircea_popescu: o yonder glbse the brave, yonder glbse the quick...
Obsi: alright, send to Obsi:OBSI.ABMO
Diablo-D3: Ill trade you 2080 asicminer for 4160 obsi.abmo
Diablo-D3: anyhow, Obsi, you still trading asicminer for obsi,abmo?
mircea_popescu: yes, and you would be raped unless it wasn't the case nobody cares what you say.
Diablo-D3: yes, and the market does not value dmc correctly.
Diablo-D3: you do realize that means you pay 6 btc for 10 asicminer shares, right?
mircea_popescu: no wonder nobody takes you seriously.
mircea_popescu: so you trade .2 for 1 btc ?
mircea_popescu: smickles i won't bother but im curious how large his asshole is on the mkt.
Obsi: fucker I was just about to buy those
Diablo-D3: the chart currently reads 10 asicminer for 3 dmc. You'd have to give me 6 dmc to get 10 asicminer.
smickles: <convoluted scheme to confuse and take advantage of>
mircea_popescu: twice the who ?
Diablo-D3: mircea_popescu: twice the reverse of the ratio on the chart.
mircea_popescu: i want to return your useless paper in exchange for something else. how many of your shares do i need ?
BTC-Mining: But how do you value them. How do you calculate their current "worth"
Diablo-D3: mircea_popescu: you want to buy asicminer from me?
mircea_popescu: Diablo-D3 right. so how many dmc shares i need to give you to get an asicminer share ?
Diablo-D3: I value DMC shares independently of the market.
BTC-Mining: not why you changed them today
BTC-Mining: I want to know HOW you get those TRADING RATES
Diablo-D3: BTC-Mining: so whats the issue?
BTC-Mining: YES, IT IS, I UNDERSTAND THAT!
mircea_popescu: Diablo-D3 you know you have to offer both bid and ask to be a market maker.
Diablo-D3: BTC-Mining: er, seriously? today is dmc dividend day
BTC-Mining: At those trading rates, ain't worth trading any shares
mircea_popescu: i think Diablo-D3 is basically cosmo kramer.
BTC-Mining: In what does the fact it's a new month justify those rates?
Diablo-D3: unless an emergency update happens, it changes on the first
Diablo-D3: BTC-Mining: today is the first.
BTC-Mining: Diablo, the thing with your trading chart is, it doesn't make sense... one day you trade them for far less then their current worth, shares go down in value. The next, you ask for like 20-100x their current value to trade... what the fuck.
Diablo-D3: after being arrested for tax fraud.
mircea_popescu: smickles in that sense a bunion can end in death, takes so damn long...
mircea_popescu: i can see that point.
mircea_popescu: is the us govt vd now ?
Diablo-D3: mircea_popescu: say that to al capone
Diablo-D3: this is the winter of our discount tent.
smickles: died of untreated vd caught from raping some of the women
mircea_popescu: getting back to the market forces.
Diablo-D3: "I'm sorry to hear that!" "yeah, he fell out of a guard tower"
Diablo-D3: (and I assume everyone here knows the punchline to this joke)
Diablo-D3: smickles: yes, we're killing the competition
smickles: lol, A:"it sounds like a death camp" B:"that's the goal we're working towards"
BTC-Mining: yeah, but those trades rates are completly arbitrary
BTC-Mining: One day you're trading 1 ASICMINER for 10 DMC, 2 weeks later you're asking for 10 ASICMINER for 3 DMC?
BTC-Mining: What the hell...
Diablo-D3: this will work greatly towards that goal
Diablo-D3: a lot of people wish to see DMC succeed
Diablo-D3: you cant be angry, the motion was passed.
mircea_popescu: Dividends paid out today: 0.0 BTC
mircea_popescu: Shares sold to date: 20909
mircea_popescu: maybe the satoshi guy went "well... if i make it be 20ish mil for sure there will be 10mn left"
BTC-Mining: Which is very funny considering their current worth...
BTC-Mining: I'm sure people deleted plenty of 50-1000 BTC wallet during that time
BTC-Mining: and they were worth fractions of cents back then
BTC-Mining: at close to 3 million per years
mircea_popescu: or already more than 1mn lost ?
mircea_popescu: i wonder what will be the absolute peak of bitcoin in circulation
BTC-Mining: I can only see this bodding well for bitcoins
BTC-Mining: and the usage of bitcoin is on the rise
BTC-Mining: There's more adoption, coins go down the drain regularly from lost/forgotten wallets, lowering generation rate...
Ignatius-otc: BTC-Mining: what do you think will happen to the usd/btc price when the difficulty goes up and or asics hit the scene
coingenuity: bitcoin assets are even more nutty than bitcoin itself
coingenuity: wtf is that shit
Diablo-D3: dont worry, that was just me
BTC-Mining: BTC-MINING, that's the good stuff
mircea_popescu: unavoidable tho, from a statistical perspective. as long as idiots hold bitcoins there's going to be scammers trying to save that money.
mircea_popescu: you know, the ones that were going to be paid first, starting on the 17th
BTC-Mining: right, like he's going to pay any large account...
eskimobob: i did feel like shit for a second but then i realized, this is just meaningless crapp from pirateat40
mircea_popescu: but moreover that they really are too stupid to have money in the first place.
mircea_popescu: i'm sure there will be some idiots found. desperate to prove it's not that they made a mistake "investying" in a ponzi
eskimobob: lets see will there be any payments actually confirmed
mircea_popescu: im so curious who is stupid enough to fall for the shit.
mircea_popescu: lalala. despicable scammer is trying to manipulate people still.
eskimobob: i bet it's meaningless at the moment
eskimobob: @pirateat40 | That's all for now, back to your regularly scheduled trolling.
eskimobob: @pirateat40 | It's going to get better to some, I promise.
eskimobob: @pirateat40 | Finally things are progressing and I've returned to my boat.
eskimobob: @pirateat40 | I'm wanted to speak for awhile now, but I someone stole my ship.
eskimobob: @pirateat40 | The PPT that didn't' comply will have a long road ahead. Those that contacted me ahead of time "Friday" are clear.
eskimobob: TYGRR.BOND-P owners have to wait now :(
chmod755: now that's funny https://twitter.com/CryptoCoinMedia/status/241491259003387904
mircea_popescu: BTC-Mining's thing neh ?
chmod755: check out the HTML
mircea_popescu: why don't i ? that's a backwards question
mircea_popescu: people are trying to get 1 bitcoin per.
mircea_popescu: o o , i was quoting the asks list on the pirate pt.
mircea_popescu: smickles um where that ?
smickles: mircea_popescu: that 730 1.05, is that someone wanting a mpbor @ 105%?