log☇︎
1025900+ entries in 0.909s
dub: EmanuelDeOrtego: no this is the end game
EmanuelDeOrtego: That will get you the most return
smickles: i set that operation up at the house itself
mircea_popescu: <gigavps> if this is you trolling, i'm going to fly to Texas to kick your ass and buy you some more makers 46
EmanuelDeOrtego: Your best bet is to sit on BTC for a good long time
smickles: ic3d: i don't think 5% return is too hard to come by with not so much risk
dub: mircea_popescu: yeah but pirate basically admitted that he's filing bankrupcy
smickles: ic3d: it's better to put money into higher return ventures than to pay off cheap debt
smickles: because i had to move, and it's an easier situation than selling it
mircea_popescu: dub look at the values involved.
dub: buying ppt at this point
smickles: why do you doubt that i had a 30% down payment?
smickles: ah, so statistically, you figure mine was underwritten by the state
smickles: i bought well before then
smickles: how was the debt underwritten by the state?
smickles: do you mean title?
smickles: i'm only in debt to a mortgage of a house which i rent out to people
gribble: Best bid: 11.05005, Best ask: 11.118, Bid-ask spread: 0.06795, Last trade: 11.05005, 24 hour volume: 60537, 24 hour low: 10.5, 24 hour high: 11.20999
smickles: that's just a facile reason not to continue discussing something
smickles: i take it you are giving up on our discussion?
smickles: ah, thx mp
smickles: didn't you just earlier claim that value was wealth?
smickles: the actual value was there all along
smickles: the nominal value of things increases as we use them more efficiently, however
smickles: the value was already there
smickles: it was already there
smickles: no wealth created then
smickles: wealth of those commodities just was used more efficiently
smickles: ofc the computer didn't exist before, but all the materials already did
smickles: that's tautologous
smickles: still, why do you call that 'chain' you listed wealth creation, rather than more efficient use of preexisting wealth
smickles: money doesn't represent wealth in a set ratio tho
smickles: that sounds like more efficient use of the wealth which already exists
mircea_popescu: bitcoin is not wealth per se, it's just the medium of exchange.
smickles: how is wealth created then?
smickles: not all wealth has been acquired yet tho
smickles: wealth isn't created, there is a finite amount of it
smickles: isn't the idea of wealth creation kinda antithetical to bitcoin?
ic3d: bitcoin is purely a mechanism to transfer dollars around
ic3d: a proper economy creates wealth not transfers it
mircea_popescu: what qualifies you to opine on this topic ?
mircea_popescu: all economy primarily exists to transfer wealth.
ic3d: all the bitcoin projects are wealth transfering schemes
mircea_popescu: make it work first, then we can talk about it
mircea_popescu: any dood can write shit on the inteernet, the value of that is satoshis.
mircea_popescu: the problem is there's nobody whose project is worth bitcoins atm.
ic3d: i mean real projects not wealth transfering schemes
ic3d: problem with bitcoin is there is no established debt markets inplace to raise capital for projects
smickles: i just googled that ip, for the fun of it. first result
smickles: if you're going to do business, you should at least ident
ic3d: be prepared to deal with consequences of your actions
ic3d: why am i trolling?
mircea_popescu: ya. like... the sewage channel.
BTCHero: for real, there are more appropriate channels for trolling like that
smickles: how about you leave that out of this chan ;)
ic3d: victims are welcome to pool together an account
ic3d: im offering the service of killing pirate
mircea_popescu: o ya, there's a lot of money in selling corpses
gribble: Best bid: 11.11, Best ask: 11.11088, Bid-ask spread: 0.00088, Last trade: 11.10999, 24 hour volume: 60548, 24 hour low: 10.5, 24 hour high: 11.20999
mircea_popescu: the btc doesn't seem to care about pigeons friends.
gribble: Best bid: 10.97275, Best ask: 10.98, Bid-ask spread: 0.00725, Last trade: 11.01931, 24 hour volume: 57026, 24 hour low: 10.5, 24 hour high: 11.20999
mircea_popescu: stupid way to play.
BTCHero: but im going to ride it into the dirt
pigeons: i can't even make jokes, these are my friends who lost money
kakobrekla: one at a time please
kakobrekla: shit is done, i just need to write faq and launch
kakobrekla: anyone wanna test smpake permanent links to mtgox
mircea_popescu: apparently this was premonitory.
BTCHero: and it is much easier to detect sharing than a sold account
BTCHero: you can change the payout addy and password easily enough
mircea_popescu: https://bitcointalk.org/index.php?topic=103623.msg1141603#msg1141603 for the lulz.
smickles: you should be able to log in and setyourself up
Doffx: Yeah for .50 if it gets locked im not going to cry
Doffx: As long as I can use the account an point my miners at it
smickles: Doffx: are you prepared to take the risk of just losing the account?
gribble: Best bid: 10.9, Best ask: 10.98, Bid-ask spread: 0.08000, Last trade: 10.98, 24 hour volume: 56916, 24 hour low: 10.5, 24 hour high: 11.20999
smickles: i suppose there is no harm in that
smickles: damn Doffx, i cant change the email address
BTCHero: he has said if you share/sell the account you lose it
Doffx: Why would he ban the account?
BTCHero: if pirate continues gpumax he will certainly ban that account
Doffx: Oh well guess im halting the game download
Doffx: Figures im on in windows, and have no access to my wallet crap
smickles: let me make the changes and such
kakobrekla: did the interests stop now lol?
smickles: i'm just not going to use my gpumax account anymore
Doffx: Unfortunatly this still isint over, I mean we dont know what exactly he may still pay out, if nothing of course.
Doffx: Hes still been paying the Gpumax accounts hasent he?
smickles: ;;sell 1 "gpumax account" @ 10 btc price negotable, this thing is icky now, and i don't want it
smickles: ;;sell 1 'gpumax account' @ 10 btc price negotable, this thing is icky now, and i don't want it
kakobrekla: not by that much
Doffx: seems to rise with the bitcoin rise
Doffx: I wonder if the Network rate would drop with that
BTCHero: if it was a ponzi there aren't 500k coins
gribble: A market order to sell 500000 bitcoins right now would net 1918050.7186 USD and would take the last price down to 1.1500 USD, resulting in an average price of 3.8361 USD/BTC.
gribble: Error: The "Market" plugin is loaded, but there is no command named "--btc" in it. Try "list Market" to see the commands in the "Market" plugin.
gribble: Error: The "Market" plugin is loaded, but there is no command named "help" in it. Try "list Market" to see the commands in the "Market" plugin.
smickles: what's the command to check for 500k in sales
gribble: There are currently 613414.16 bitcoins demanded at or over 1.0 USD, worth 2045668.15013 USD in total.
gribble: There are currently 0 bitcoins demanded at or over 500000.0 USD, worth 0.0 USD in total.