log☇︎
116300+ entries in 2.566s
ThickAsThieves: 5) Mt. Gox is certainly not a martyr, but it would be hard to argue that we aren’t "taking one for the team" as far as Bitcoin is concerned. We are a big target, and are absorbing the frustrations of Bitcoiners, regulators, banks, and a media that still doesn't quite understand what Bitcoin is. This is a job we are happy to fill, and not just because we are compensated for it. Our
ThickAsThieves: 3) Our previous release was rather vague, but for a reason. Mainly, we don't want to upset our bank! They do great work, but our kind of business is completely new to the banking industry. Processing international wires does not just involve pushing a button. It requires real manpower processing everything individually, even in this modern computer age. While Bitcoin's power lies in
davout: - i wasn't talking to you
pankkake: it works if your name isn't common
ThickAsThieves: people won't know me.com is my website from my email address
davout: i don't think so, because i don't think they're having issues servicing mtgox, i think their issues are more likely related to getting pressured from lots of different sides
davout: why woudln't they be ? that's exactly the kind of stuff banks do, take money, pool it together and decide what belongs to whom based on their books
davout: and that's probably the reason their USD assets abroad didn't get frozen, because they're not in mtgox's name, but pooled by the mizuho at some random correspondent
mircea_popescu: buit they ARE cutting mtgox's stuff. sooner or later mizuho will have to say sorry you can't bank here.
davout: mircea_popescu: not sure about that, they don't accept mtgox's correspondence directly, but the correspondence of the jp bank
mircea_popescu: "PS: I came damn near to tearing your apology to pieces, but now can't, you fuckin' lucky bastard. "
dub: this isn't traditional finnish pastime?
dub: I don't even
Namworld: If douglus doesn't get 100% of profits to put back in the bankroll, it keeps him from raising it if no new investors come in. And investors get away with most of the profits.
Bugpowder: it certainly doesn't maximize Doogs profit
Bugpowder: this is why he hasn't responded to the competition.
furuknap: I'm sure it's great. I don't gamble so no worries, just wondered what the dooglus was up to :-)
furuknap: Ah. The site simply doesn't load in my browser so I can't see anything except HTML2.0 style buttons and crap.
cole_albon: I just found it apparently bugpowder can't answer because he's still betting.
cole_albon: I don't know what that means
Bugpowder: you don't sound fully mentally stable
Namworld: I need something noisy, a text wouldn't work. And if I'm on the move, I don't have internet with me so wouldn't help.
deadweasel: btcwarn ain't half bad, did you look at it?
deadweasel: if you can turn off your card before driving home, run back inside to work and change some trades. I'm not a programmer so I can't program bots to do it for me.
mircea_popescu: they aren't my boobs lol
benkay: cheating doesn't hamper your education
mircea_popescu: you don't flash asics anyway, or am i grossly confused here ?
mircea_popescu: not saying that the avalon people aren;'t lieing like it's going out of fashion, but
ThickAsThieves: A: No, trader can only use borrowed funds on Bitfinex, they can't withdraw it. Lenders are safe from this point of view.
ThickAsThieves: Q: How can I take advantage of bitcoin market even if I don't like Bitcoin or don't feel like buying it?
davout: i don't think flexcoin is an alt
davout: isn't that terracoin?
assbot: It's so strange that you don't remember any of your poetry.
Namworld: Uh, BITVPS is going back up, isn't it?
mircea_popescu: !t h asicm
mircea_popescu: but anyway : if you didn't buttfuck frogs all day you wouldn't be infertile to begin with.
davout: i like romanians, they'll sell you their kid if you're infertile and can't be fucked to jump through the adoption bureaucratic hoops
mircea_popescu: but if you don't use tghe master key it doesn't matter if it's jhard to compromise
mircea_popescu: !t btctc s.mpoe-pt
davout: mircea_popescu: isn't there a haters thread already somewhere ? :)
furuknap: If you can at most get 10K BTC at $10, you won't invest that.
furuknap: They don't, but those that get BTC will pay in $ so the exchange rate matters to the extent that it affects whether someone will invest the $200 million required to keep the current hash rate growth up until February 2014.
jcpham: i don't think it's possible to predict or factor
furuknap: It must, or someone will have a rude awakening in 2016 if the block reward doesn't explode from TX fees.
furuknap: mp; it isn't. It's sold in BTC, but foundries and designers still need to eat.
mircea_popescu: jborkl_ dollars don't entyer into this discussion really. it's all btc
mircea_popescu: 20 and over ain't in the books
mircea_popescu: they may be half a btc per block, but they won't be 10
furuknap: Yeah, but problem is that we don't know what happens to price when halving becomes more prevalent in mining discussions.
mircea_popescu: !t bc asicminer-pt
furuknap: It's been lower when AM fell out. I think I saw 135 within the previous 24 hrs. Can't be bothered to look it up, though.
ThickAsThieves: i'd have him on ignore if he weren't so polite to me
ThickAsThieves: lol, first comment on Facebook in response to the USD thing "What is really a joke is that we don't have LTC yet"
pankkake: oh, I didn't know it was for *two* weeks
mircea_popescu: how did they confiscate his btc ? wasn't he a big deal btc investor with like the twinkletwinks or w/e ?
mircea_popescu: the story here is kim guy had ALL his moneys confiscatered so now can't pay leaseweb for servers.
ThickAsThieves: "You say that as if it's a bad thing. I can't begin to contemplate what must be going on inside the skullous cavity of some dood imagining exchange executives " ... buy their own servers? ;)
kakobrekla: -t
ThickAsThieves: doesn't bitcointalk.org warn you not to sock?
ThickAsThieves: running one alone doesn't affect potential for being a scammer
furuknap: Like I said, don't listen to me.
furuknap: [17:10] <furuknap> In fact, I'd buy TAT.VM now if I had spare cash, but whatever you do, don't listen to me, I'm not qualified to give financial advice.
furuknap: 'On time' is either August (which was their initial claim) or October (which is what the contract states), so don't get yer hopes up yet.
furuknap: In fact, I'd buy TAT.VM now if I had spare cash, but whatever you do, don't listen to me, I'm not qualified to give financial advice.
furuknap: I do. It may have dropped after I announced my asset and DMS.Mining took a hit from doubled exposure and the huge DMS.Selling dividend. However, my asset won't mine for at least several weeks and DMS.Mining will recover if the difficulty stays low.
ThickAsThieves: can't wait for the "Why is TAT.VM price falling!?" posts....
ThickAsThieves: i also can;t believe some people still wanna whip him afte rthe apology
deadweasel: scary to have your bread and butter in the hands of BFL. i wouldn't be able to sleep.
ThickAsThieves: but Garr can't
peterl: benkay: hey, I can wish, can't I? (I think you replaced the 'l' with a '1', should be a little 'L')
peterl: And defining what is income can be difficult as well. Shouldn't we be able to subtract our time we put in from our salary to compute income? So my time is worth 20 $ an hour, and that is what I get paid, so my income should be 0?
Namworld: Your goods when bartering don't have a clear USD value until they're sold. They still tax barter.
peterl: I don't think any of the current exchanges do 1099s yet
ThickAsThieves: doesn't the exchange do so?
Namworld: Bitcoiners should just build a floating fortress and anchor it in the middle of the international waters. There, problems solved in the utopia of Liberty Island, where libertarians and trolls abound. (P.S. Please don't sign me up for it)
jurov: don't worry, they'll make the jump for you ;)
ThickAsThieves: i just can't make the jump
jurov: and i wouldn't put it past them to ask NSA to store btc transactions and where they originated from
ThickAsThieves: they cna't really
TradeFortress: Wouldn't it be funny if ASICMINER share prices followed btcusd/100? It'll go down all the way to 0.7 BTC per share :P
jcpham: don't listen to me
deadweasel: do you understand the actual calculatin min(time*14, posts)? I don't. help.
dub: just got back from a week in indonesia, didn't get around to going diving though
deadweasel: gf is coming, if she doesn't fuck up between now and then.
dub: I'd be shocked if they weren't grabbing wallets where they could nad going through the blockchain with a fine toothed comb
jcpham: in case you didn't have enough fud
deadweasel: for some reason gigavps doesn't resound with trustworthy
dub: I wouldn't say they are shipping the whole line yet
mircea_popescu: i don't really work like that.
mircea_popescu: pity i can't bitbet on io
mircea_popescu: he won't go "o well"
mircea_popescu: it just doesn't happen to include dumb white people that don't speak the language.
mircea_popescu: that you're caught with a dead girl in the bed doth not mean you can't be a serial killed
mircea_popescu: i mean other than "ppl can't maff", which i guess he stole from my girl
mircea_popescu: right, i was gonna say, i don't understand what he's trying to say ?
jcpham: they aren't saying anything
mircea_popescu: he's not evil, he just likes to fuck things up and won't give it up.
ThickAsThieves: he says that we can't go back to pre-9/11 ways
jcpham: *isn't
deadweasel: let's be honest, this Texan couldn't pronounce it if his life depended on it.