log☇︎
1026100+ entries in 0.795s
Diablo-D3: no, I mean, where are these other real companies
mircea_popescu: so you put some vaporware above a proven company that's only 10x the size ?
Diablo-D3: it skirts out from under the whole mining bond/share shit
Diablo-D3: and glbse too
mircea_popescu: what's that in relation to ?
Diablo-D3: they do it in a completely irresponsible way, but they DO do it
Diablo-D3: they make the money flow
Diablo-D3: mircea_popescu: as much as we hate the apples and the exxons and shit like that
mircea_popescu: ahaha the commies this is so funnay.
mircea_popescu: upposed to be run by the people, not the "1%""
mircea_popescu: "There are ways to change the way hashes are made to break an ASIC. ASIC is hard wired. It can't change at all. FPGA can be reprogrammed with a new bitstream. GPUs are the same. A very minor change could make a lot of expensive paperweights and would be a great way to keep bitcoin operating the way it was meant, openly accessible to virtually anyone with everyday hardware, not a bunch of elites with fancy expensive hardware. It's s
mircea_popescu: there's two companies at all in btc land, and neither count. nor do options. or bonds. woe unto us that all that exists is miner bonds.
mircea_popescu: move to mpex.
Diablo-D3: its the fact that EVERY GODDAMNED THING ON GLBSE IS MINING
Diablo-D3: but its not the creation thats the problem
mircea_popescu: how do you figure that ?
mircea_popescu: asics can go one , maybe even two degrees of magnitude in $/Hg
mircea_popescu: thing is, "asic" doesn't name ONE thing like gpu does.
mircea_popescu: ifthese thigns really are asic.
BTC-Mining: solution? Buy ASIC, we don't have a better technology yet
BTC-Mining: It was known long ago that it would go CPU > GPU > FPGA > ASIC
mircea_popescu: ppl doing big things ? it's gonna ruin my crummy two bit interest! BAD FOR BITCOIN!
mircea_popescu: this is hysterically typical for the forum mentality.
mircea_popescu: I don't even want them to ship, they're gonna ruin Bitcoins. I spent ~2000$ on quad 7970's, only the cards, and they're planning to release a "coffee warmer" 3ghs+ ASIC that does more than my cards for 150$? Eff that, difficulty will skyrocket and put a strain on video card miners.
mircea_popescu: Hi guys, I basically had a prophetic dream vision last night, that the BFL Labs ASIC won't be shipped until February 2013 at best.
mircea_popescu: Title: BFL Labs ASIC release date - no earlier than February 2013
BTCHero: if that information is correct
BTCHero: I think this is why asicminer is trading so high
BTCHero: Did i read somewhere that bfl announced they wouldn't ship asic until january now?
mircea_popescu: lmao that asshat is on a forum campaign to fud sdice ?
sgornick: For a two-person side project, I think you can conclude yes, very well.
sgornick: maximian: Yes, since April 24th or thereabouts.
maximian: sgornick: is that all time profit?
sgornick: Oy... 10K BTC profit on SD now. http://bitcointalk.org/index.php?topic=80312.220 It's like you walk around Vegas and realize who really paid for all that.
mircea_popescu: just tryin to halp...
assbot: !ticker <ticker> (desc: returns current GLBSE/MPEX ticker values)
kakobrekla: >><@pirateat40> Notice: If you are a PPT operator please contact me via PM. Thanks
kakobrekla: o theres pirate 'news'
EmanuelDeOrtego: Deleted by Theymos obviously
EmanuelDeOrtego: If I were Pirate, I would be well-armed right now. The death threats I've seen were creepy as hell.
EmanuelDeOrtego: All I know is that Pirate is going to have to move states or countries at this rate
mircea_popescu: so the entire thing veers towards the ezoteric nao ?
EskimoBob: it will, if you figure it out. Then you will understand the mystery of the soundless sound
EskimoBob: whats next usagi? Are you going to ask: "what is the sound of one hand clapping"?
usagi: if you can see the great void, then you will understand the mystery.
usagi: there's no incentive to talk
EskimoBob: usagi: talk :)
Doffx: What did they figure out? That he trades btc with big players?
usagi: At least 2 people from bitcointalk already figrued it out. So it is logical to assume they know what position pirate is in as well.
Doffx: Well ok, not a safe bet then to use better wording.
Doffx: At this point its still a gamble
EskimoBob: TYGRR.BOND-P started to look good at 0.2003 :)
JWU_42: hoping the former
EskimoBob: any ideas what this is all about? "<pirateat40> Notice: If you are a PPT operator please contact me via PM. Thanks"
rdponticelli: Quality drinkin are you talking about?
smickles: rdponticelli: i'll have a glass of wine, but i'm talking about kegstands at 100
jcpham: free tix
mircea_popescu: im too lazy to drink.
rdponticelli: We waiting too much to get drunk?
smickles: like i'll need to throw a party as anexcuse
smickles: good old, 'merican style drunk too
EmanuelDeOrtego: Oh god, there goes there "I'm going to buy 60 cents worth of shares" crowd again.
EmanuelDeOrtego: and I don't want to be sitting on Satoshi Dice when that happens
EmanuelDeOrtego: I rather have Bitcoins than Satoshi Dice shares
gribble: Best bid: 10.91, Best ask: 10.999, Bid-ask spread: 0.08900, Last trade: 10.999, 24 hour volume: 66047, 24 hour low: 10.5, 24 hour high: 11.20999
smickles: still, even at .003~ that around a 19% yeild, and seemingly lower risk than other bitcoin ventures i'm aware of
BTC-Mining: EmanuelDeOrtego, I'd leave it some time, for the first divs + new design to be implemented
EmanuelDeOrtego: If it rallies, that's great.
smickles: EmanuelDeOrtego: do you plan to buy at a lower price?
mircea_popescu: EmanuelDeOrtego you enjoy watching the suffering of others ?
EmanuelDeOrtego: why am i looking at this porn
mircea_popescu: well the only commie is now here EmanuelDeOrtego
jcpham: i thought everyone knew what i was talking about
mircea_popescu: and to celebrate, http://polimedia.us/dtng/c/src/134618198144.jpg
PsychoticBoy: no more images then
mircea_popescu: i like kakobrekla's terminal
PsychoticBoy: yep that was 1 time and 1 time only
kakobrekla: 1 image repeated 20 times or so?
smickles: jcpham: mpoe.etf is the mpex fund on glbs
kakobrekla: so if you think im mis-judging, bug him as well
kakobrekla: for the record, nano was given op rights just the other day
EmanuelDeOrtego: that was typed in my field
mircea_popescu: weren't you trying to get some fund going PsychoticBoy ?
PsychoticBoy: -buttrapedat40- t | | / \ \ | t http://goo.gl/vOslB
PsychoticBoy: -buttrapedat40- t /\ | C ____)/ \ (_____> |_/ t http://goo.gl/vOslB
jcpham: what is the name of the glbse asset smickles
jcpham: the goatse turned me off
jcpham: sure thing
JWU_42: thanks for that jcpham
jcpham: <pirateat40> Cause we have a ton of pending purchases with either bad pool info or issues with missing tiny amounts of payment.
jcpham: our questions alll questioned the wording "need"
smickles: i went to a decent dueling piano dive in florida once, but i was drunk, so it may not have been all that good
jcpham: <pirateat40> Hey guys, payments will go out at midnight for all the purchases run up till today. We are trying to get all the purchases out of the system that need to be run. If you have a purchase pending or paused please contact us at support@gpumax.com so we can investigate it or issue a refund. Thanks.
mircea_popescu: i don't see why it still would run, no more coins to launder.
Doffx: Where did he mention that?
jcpham: still have purchases in the system to run
jcpham: yeah he was saying payments were going out at midnight today
Doffx: yeah and still paying out too
jcpham: what the crap
jcpham: what was the glbse asset for in gpumax yes