1030000+ entries in 0.808s
MoneyIsDebt: How many businesses out
there make money outside of lending and mining?
mircea_popescu: the citizen-finance
troop should get a smarting lesson, but i'd rather not see
the
thing completely extinguished
BTC-MINING: But he might have
to review his rate on Kraken or reduce
the max amount he can
take charge off.
BTC-MINING: Well he does have a lot of funds in Pirate, he still has a lot of capital outside it
tho.
nefario1: not sure what
the deal in
the background
there was
nefario1: used
to be before he bought PPT
mircea_popescu: BTC-MINING i
thought he's one of
the less exposed of
the forum wanna-be bankers
BTC-MINING: He was running
the PPT (with his insurance money)
mircea_popescu: <BTC-MINING> I guess with BS&T,
they're waiting
to see how Patrick will be after clearing
the PPT << ?
BTC-MINING: I guess with BS&T,
they're waiting
to see how Patrick will be after clearing
the PPT
MoneyIsDebt: but not in
Thailand - I just blew my
travel money
MoneyIsDebt: I feel more of a man now, having
tried
this
MoneyIsDebt: I did
this because I figured if price falls
that low, pirate default must have happened, so I'd better sell as quickly as possible
mircea_popescu: it's
true
that it was manty years ago and i still remember it
tho
MoneyIsDebt: If pirate does pay back, I'll have lost 755 BTC on
that glitch :(
MoneyIsDebt: nefario1: yup, I'm very happy about
that new update
nefario1: thats partly due
to GLBSE BTC reserve issue
Chaang-Noi: yeah, i guess it would ahve been good if
there was news on a pirate default
MoneyIsDebt: well, it was fail because
the price recovered quickly
Chaang-Noi: i will be doing okay, but not as much as id like... i was unable
to get anything from pirate for a long
time
nefario1: I suspect Chaang-Noi will be rolling in
the BTC if pirate pays back
nefario1: some people are set
to lose or make a lot depending on whether pirate pays out
MoneyIsDebt: your bid was
the only liquidity left on
the bid side
Chaang-Noi: i have bids in, sad
they are not filled
BTC-MINING: Didn't you yourself bought most ot
TYGRR.BOND-P back?
mircea_popescu: owners are prolly buying
them in
the deluded hope
that pirate might still pay.
Chaang-Noi: pirate bonds seem
to be doing better, any word on pirate? iv been away
gribble: Best bid: 9.8, Best ask: 9.85, Bid-ask spread: 0.05000, Last
trade: 9.8, 24 hour volume: 56712, 24 hour low: 9.5714, 24 hour high: 10.09999
Diablo-D3: Obsi: but
to answer your other question fully, 3rd single upgrade must happen before 1mhs gets merged into abmo
Obsi: I guess we can do
that, I'll post
the motion shortly
Diablo-D3: its your company, you do
the hard work
Diablo-D3: Obsi: and
thees nothing wrong with you owning a lot of abmo
Diablo-D3: Obsi: a motion
to buy your asicminer shares is concurrent
to a 3rd single upgrade
Obsi: Diablo-D3: Do you want
that motion now, or after
the 3rd single upgrade is paid for? I don't know
that I would
trade in my ASICMINER shares as I already hold quite a bit of OBSI.ABMO and I'm not even sure how
to value
them... 1:1?
Diablo-D3: Obsi: if you do a motion
to sell asicminer into abmo (preferably for abmo shares), I'd vote yes on it
Obsi: I have a few
thou shares of ASICMINER I might be willing
to sell into ABMO at cost as well, once
the last single upgrade is bought.
Obsi: Doing
the math on expected network hashrate with people claiming
they can produce ASICs at <$1 Ghash doesn't make expansion seem very profitable until
the prices drop considerably
Obsi: I will probably buy back
the 1MHS bonds at 0.1 when
the ASICs arrive... right now ABMO has 3 singles with 1 left
to upgrade... I will sell ASICs into ABMO at BFL prices in BTC or payout divs, whichever shareholders vote for
Diablo-D3: Obsi: it makes more sense
to just collapse 1mhs into abmo
Diablo-D3: Obsi: and do
this after ABMO is finished upgrading (ie, when 1mh bonds are like 0.000001 in value)
Diablo-D3: Obsi: a motion on 1mhs
to close 1mhs and buy back all
the bonds at whatever
the buyback clause is,
the cost of
this being paid by ABMO
Diablo-D3: Obsi: or actually, dont even produce
the bonds, just buy
the units and upgrades right out, all
the existing 1mhs bonds can be ran off a single SC single
Diablo-D3: Obsi: you post a motion
to upgrade all of 1mhs's units in exchange for all
the new 1mh bonds
that will be produced
Diablo-D3: Obsi: because Im
thinking, after we upgrade all of our units
mircea_popescu: the
talk page
there reminds me why wikipedia is such offensive crap.
Diablo-D3: Obsi: what does 1mhs have
total in hardware/
Obsi: Diablo-D3: OBSI.ABMO will upgrade it's 3rd single in 2 weeks. >11Mhash a share on order at
that point
BTC-MINING: prepaid card don't usually count
toward credits now, does it?
rg: do you guys
think
the new bitcoin credit cards will count
towards credit
rg: it
took all god damn day
gribble: Best bid: 9.80002, Best ask: 9.83, Bid-ask spread: 0.02998, Last
trade: 9.80001, 24 hour volume: 66314, 24 hour low: 9.5714, 24 hour high: 10.09999
mircea_popescu: so anyone actually know who
this factory dood is on
the forum ?
kakobrekla: it just has
to be good enough, like with most
things
rg: i dont know what
to
tlel you
rg: the last part of
the url is:
rg: in
the beginning it shows a web browser
rg: when shit hits
the fan
there i stand with my glock and my blunt in my hand what's
the plan
bitfoo: you should make one of
those "make money at home" websites
rg: im going
to give it like a 3 btc allowance
rg: im really going
to write a bot in shellscript
tonight when i wake up
rg: not my fault im better at satoshidice
than most
kakobrekla: well
thb cryptostocks was added before we started implementing
twitter feed
bitfoo: do I need
to create an account before I can see
that?
bitfoo: smickles: what exchange
tab? :D
dub: how
the fuck can half your countries political system believe in
talking snakes and rib women
rg: i updated
the billing so you can use
the remote consolen ow
jcpham: prior
to sending any funds or registering any accounts
smickles: bitfoo: go
to
the 'exchange'
tab in
the web
trading app