1032600+ entries in 0.748s
nefario: tied
to a rack of miners and made uncomfortably warm for a period of
time
gribble: Best bid: 7.69999, Best ask: 7.7, Bid-ask spread: 0.00001, Last
trade: 7.7, 24 hour volume: 190274, 24 hour low: 7.6555, 24 hour high: 12
gribble: Best bid: 7.75578, Best ask: 7.8, Bid-ask spread: 0.04422, Last
trade: 7.75578, 24 hour volume: 187583, 24 hour low: 7.75578, 24 hour high: 12
teek: anybody know if asicminer converted anything
to fiat yet?
mircea_popescu: certainly if i was owed 1000 btc i wouldn't
take 9000 usd for it or w/e
mircea_popescu: i don't see why anyone would accept usd prices
tomorrow.
DeaDTerra: Pirate is selling off
to afford
to pay back all his lenders is my guess
gribble: Best bid: 8.525, Best ask: 8.53099, Bid-ask spread: 0.00599, Last
trade: 8.53099, 24 hour volume: 162175, 24 hour low: 8.5102, 24 hour high: 12
DiabloD3: although
they need
to use heavier sans for
the
text on
the image
DiabloD3: ha ha I beat mircea_popescu
to
the joke
DiabloD3: what do
they serve, cans of rotten fish?
DiabloD3: DeaDTerra: I want
them all, and I cant afooorrdd
theeeemmmmmmmmmmmmm
usagi: That pretty much sums up
the state of
the market right now
usagi: If
the market
then values it at 0.05 per share,
that implies gigamining should also be 0.05 per share
usagi: I'd explain it but I am kind of busy, essentially it's a
trade inorder
to add mhash per share
mircea_popescu: so he got 20k btc, bought assets, and
their present value
took a 95% hosing
usagi: He's valuing his assets based on
the income
they draw compared
to other mining assets.
usagi: Look at it
this way
mircea_popescu: so he sold some of
the 20k for 1btc and some for less ?
usagi: it's not really sensitive information, it just how
the market is valuing mining right now
mircea_popescu: i said i don't understand it from
the get-go, it's what i mean. i m not clear what went down
there.
usagi: Although recently I am no longer
the majority shareholder
usagi: I don't know what he's
told you but I'm
the one who has been working with Diablo
to arrange most of
the
trades
mircea_popescu: usagi so if
the float is 20k and he got 20k in btc, why is it under so much sell pressure ?
nefario: and I'm quite
tired and burned out
nefario: I must have used
the wrong word
nefario: I don't have
the actual details at hand
nefario: I can't really
talk about
that
mircea_popescu: and
then out of
the 20k btc all he has are assets worth ~1k or so ?
mircea_popescu: so
the 20k is now divided
to 1mn shares, hence 0.02 per share ?
mircea_popescu: and
then... somehow...
they are counted as all issued ?
Luceo: DMC was 0.02
the other day
Anduck: didnt
they selll
tygrr bond p for 0.7 yesterday
gribble: Best bid: 9.21999, Best ask: 9.22, Bid-ask spread: 0.00001, Last
trade: 9.22, 24 hour volume: 137765, 24 hour low: 8.831, 24 hour high: 12
Luceo: Unless it's working on an encrypted signal (and not WEP,
that's absolutely pointless)
Luceo: First
thing you do is
throw out everything wireless & bluetooth
Luceo: I used
to get paid
to secure computer systems ^^
usagi: Most people have no idea how
to secure a computer system
usagi: *shrug*
this is why ppl pay pros for security
Luceo: There's nothing
to read
usagi: I am not
talking wireless.
Luceo: Most bullion
trading is paper only, gold is ridiculously oversold
usagi: Bitcoin has storage costs because you need
to secure
them.
Luceo: I mean waiting for
them
to do something, not waiting for
them
to say something :P
mircea_popescu: Luceo by now i'm indifferent
to it. online conference calls changed
the world.
gribble: Best bid: 9.1575, Best ask: 9.2, Bid-ask spread: 0.04250, Last
trade: 9.20498, 24 hour volume: 137925, 24 hour low: 8.831, 24 hour high: 12
Luceo: EskimoBob: Just for now? Want me
to give you long enough
to come up with a retort
that isn't as impotent as you are?
Luceo: usagi: Bitcoin is
the change
the world needs!
mircea_popescu: this convo is very funny mostly cause it consists of people
trying
to cuss each other interspersed with my stock
trading
Luceo: If EskimoBob was any stupider we'd have
to call him by a latin name and water him
thrice a day
mircea_popescu: for
the record : i did once run a "cuss
the other person out" contest on my blog
EskimoBob: Luceo:
that was deep. Where did you see
that before?
Luceo: EskimoBob: If I want
to stare at a big number I'll just divide 1 by your IQ
mircea_popescu: so eskimo bobbie,
theoretical problem : you need 12 k for your wonder project which is 100% guaranteed
to succeed.
There's
three investors
that would give you money : a greek, a gypsy and a pornographer.
pigeons: Luceo's momma so stupid she peels m&ms
to make chocolate chip cookies
EskimoBob: for start, you have no idea wtf I am
talking about. You got all worked up over nothing and now you are just
trolling
Luceo: If you've left a finance job and cant afford
to
throw 12k at something, I'd suggest nobody should want
to
throw 12k at you :P
Luceo: Truth =
trolling? lol
EskimoBob: you are as useless as any other
troll
EskimoBob: Luceo relax and
take your medicine.
Luceo: Nobody with a serious bank account allows other people
to buy into a 12k venture, why would
they?
mircea_popescu: o, "people" do ? im sorry eskimodog, but we of
teh internets know you're a dog.
EskimoBob: you are even more clueless
that I imagined. pople rise money for all sorts of shit no matter what
thy have on
their personal bank account
EskimoBob: i am not sure what are you attempting
to achieve mircea_popescu
mircea_popescu: but either way, if you worked in finance for a long
time and left w/o 12k
to your name you're even funnier
than i had originally hoped for :D
pigeons: she doesn't need
the internet, she's already world wide
mircea_popescu: Aug 17 19:29:09 <EskimoBob> I used
to work in finance for long
time. Got bored and left. Never looked back
DeaDTerra: Yea Eskimbob and Mircea have been sitting and fightin in
this channel for
the last couple of days xD
EskimoBob: Luceo: acting like a
total idiot for start
Luceo: You're a particularly unpleasant and unknowledgeable person at
the best of
times, and apparently a discriminatory racist as well...