log☇︎
1032400+ entries in 0.74s
Doffx: that was Friday though.
Doffx: He came in to OTC said he would pay Chaang-Noi.
Chaang-Noi: also the panic sale of ppt bonds has quit, market now has faith in pirate?
Chaang-Noi: whats up with the btc price
Chaang-Noi: you are not bad, just off topic
Chaang-Noi: i ahve some on topic questions about the last 48 hours (iv been away)
Chaang-Noi: i saw atlats and just wanted to move to the other chan...
nefario: can't rape the willing
Chaang-Noi: asset cahn went to rape for fun chan?
DeaDTerra: hahah I had the same reaction as Channd
EmanuelDeOrtego: Hey, some women like getting "raped" for a hobby but it stops being rape then apparently.
nefario: not the rape part
nefario: is that how you became a dady?
nefario: (4:58:54 AM) DiabloD3: I want this to happen
Chaang-Noi: what is the other chan with the glbse stocks, the other one with the bot?
Doffx: I live in a nice small town where all the food is made
Doffx: I have done the same but im still concerned, you can do it alone either you need a good network of people in your community dont forget that
EmanuelDeOrtego: If you live in a urban area, then you should be.
Doffx: and the rich are protecting their assets by using the government ties to inforce it.
Doffx: Means they are about to fight off massive civil unrest
EmanuelDeOrtego: What this could all mean varies.
EmanuelDeOrtego: The fact is we are overdue for another great depression. The DHS is stocking up on ammo rounds and FEMA has camps ready.
EmanuelDeOrtego: George Soros went all Gold but that could mean anything.
Doffx: Oh yeah, banking is the problem thats for sure.
Doffx: I think anyone with even a small amount of brains can see society is about to change.
EmanuelDeOrtego: Doffx: Well, 600 banking executives have quit in the past year.
Doffx: I dont know when it all falls apart though, 1 year? 20 years? remains to be seen.
Doffx: Mainly because you were just talking about doomsday scenarios, wich I actually side with you on which is exactly why I don’t see any long term future in much of this.
EmanuelDeOrtego: Feel free to elaborate
EmanuelDeOrtego: DiabloD3: That fact you say
DiabloD3: I want this to happen
DiabloD3: usagi: and its not about the contract
DiabloD3: what do I do with the other several dozen racks other than rent them out for $20k/mo
usagi: Ultimately you will have to fufil your contract.
DiabloD3: now I dont need to fill one.
DiabloD3: at the time I could fill two racks with top of the line hardware and 51% attack the network
nefario: I remember it was to create a bitcoin data center...for mining
DiabloD3: mining just isnt important to DMC's overall plan anymore
DiabloD3: so bitcoin had something to invest in that wasnt mining
DiabloD3: EskimoBob: there isnt one
DiabloD3: oh and btw, I've crossed 100 ghash total
EskimoBob: i think this is all cosmetics. Better come up with a idea how to make money for the fund
DiabloD3: EskimoBob: the next motion I do may be suspend dividends until NAV reaches 1btc
DiabloD3: which wont be until nov at the earliest
DiabloD3: until asicmining and the rest of the asic-backed shit starts paying out at asic rates
DiabloD3: 1mh "turds" will be back up to 0.10/mh
EskimoBob: use BTC and this is it
DiabloD3: if we're going to go down to $5 again and stay there
DiabloD3: no one has any clue what to value shit atm
DiabloD3: well thats the thing
EskimoBob: sam time NAV has gone form N to N*0.5
DiabloD3: EskimoBob: well, right now, no one knows what to value what
DiabloD3: and then asicmining, btc-mining, and obsi.abmo kicks in
EskimoBob: you make it look better than it actually is and this is not good
DiabloD3: after this three month thing, I should have about 8.5mh/share
EskimoBob: I just hope you start converting NAV to something as unstable as Mh/s
EskimoBob: all fixed Mh/s turds are SHIT! untill difficulty starts to drop like drunken skier
DiabloD3: after the first, at least 6.2
EskimoBob: it's like Italian lira or Greek dinari? they had before EUR
DiabloD3: EskimoBob: yeah, but I did nothing for that
EskimoBob: Mh/s gets devalued too fast to use it as a indication of anything
EskimoBob: do not forget to scream: yipikayee mother fuckers
EskimoBob: why not just jump out of the window right now?
EmanuelDeOrtego: "It won't end just like that. In summer of 2013 the price will rally all the way back up to $7.50 or so and then crash. In 2014 the price will rally all the way back to $3.75 and then crash. 2015 will see a strong rally back to $1.87 followed by a crash and a healthy 2016 rally back to $0.93."
EskimoBob: pole love to forget that if you sell like a mad, every sale will bring in less and less coin
EskimoBob: but they get to the same point I was hoping EmanuelDeOrtego will discover after the mat exercise :)
Obsi: DiabloD3: username to send to?
EmanuelDeOrtego: Heh let's see what this is
Doffx: On the annoying DiabloD3 part anyhow.
nefario: no the real answer is the servers busy doing something
EskimoBob: EmanuelDeOrtego: interesting read but this keynesian crap has to go out of the window soon (few comments below)
Doffx: Doing a great job nefario, keep up the good work.
DiabloD3: now we must pray to the tablet god
DiabloD3: Obsi: send shares to Obsi:ABMO?
Obsi: only about 50 times
mircea_popescu: obsi : did you click the little "check now" thing ?
EskimoBob: lol, now they are dumping this like there is no tomorrow
EmanuelDeOrtego: He didn't have to buy my bonds at face value when BTC was at $15
EskimoBob: and let people write options - take your cut
nefario: EskimoBob: thats a sub catagory of lending
EmanuelDeOrtego: Anyways, my money is stuck in POLY.10.1 until the price goes over 10 gain.
EmanuelDeOrtego: They can be the same in some cases
nefario: I meant to say optoins
EskimoBob: I did try to explain this to mircea_popescu too but he refused to listen and I got tired
EmanuelDeOrtego: Options will bring stability to the market
EskimoBob: nefario: it is also a nice source of additional revenue to support options.
nefario: a couple of times an hour
nefario: and 3 times every hour before and after
nefario: Obsi, the process is run as a batch job
mircea_popescu: shoul;dn't have been allowed in the first place.
mircea_popescu: <nefario> I won't be allowing anything like the pirate passthroughs on GLBSE in the future << this is wise.
nefario: but they'll need a little more work
nefario: turns out to be pretty easy
nefario: I spent an hour yesterday working out how to add futures
EmanuelDeOrtego: nefario: You're the man.
EskimoBob: if you cannot be sure what is the exch rate... no use for it at all
nefario: and then finding FIAT partners to have currencies traded
nefario: I'm going to be adding options to GLBSE as a beta by the end of the week
EskimoBob: btc is a way to transfer funds from A - B
EskimoBob: nobody will ever take it seriously for business