log☇︎
12100+ entries in 1.175s
mircea_popescu: $vwap X.EUR
mircea_popescu: $50 is a WEEK worth of bussing/dishwashing for the average mexican yo.
mircea_popescu: you seriously think going rate for avg junior hs tail is > $50 ?!
pankkake: $50?!
ThickAsThieves: cmon it really cant cost $1m to make such thing
mircea_popescu: $vwap X.IDIFF.JUN
Mats_cd03: 1mil or $10,099
ThickAsThieves: "Interesting fact: $1 million dollars weighs 10kg exactly"
jayk: overstock has gone up $15 in 1year
jayk: $$$
ThickAsThieves: i want to be be able to form a sentence like "If we print the same amount of money in 2014 as 2013, your $1 with be worth .82"
ThickAsThieves: and that tomorrow, they will have less $ in the bank whether they withdraw or not
ThickAsThieves: i want them to undestand they do not have $X in the bank
ThickAsThieves: if we owe $17.25t then that is probly the minimum amount of dollars, no?
ThickAsThieves: like, how doe sthe first report show $11t, the second say 1.23t, and the debt clock say $17.st
ThickAsThieves: a ha "There was approximately $1.23 trillion in circulation as of January 29, 2014, of which $1.18 trillion was in Federal Reserve notes."
ThickAsThieves: $500,000,000,000
ThickAsThieves: which would be $500,000,000 new dollars in 2013?
ThickAsThieves: So am I correct in stating the USG reports there exists approx $11,000,000,000,000?
ThickerThanThiev: During Fiscal Year 2013, the Bureau of Engraving and Printing delivered approximately 26 million notes a day with a face value of approximately $1.3 billion. About 90 percent of the notes are used to replace notes already in, or taken out of circulation.
water4ll: so initially poor, but now mostly have plenty of $
mircea_popescu: this is php syntax isn't it ? or does ruby use that $_post construct ?
mircea_popescu: "INSERT INTO users(username,password,PIN,account_type,UID,RegDate,BTC,Purse,btc_timestamp, About_me) VALUES ('" . $_POST["username"] . ", " . $_POST["password"] (...)" ☟︎☟︎
jurov: it appears that mpex used 848,37 $ as vwap
mircea_popescu: $vwap x.eur
jurov: $avg
pankkake: perhaps a combination of A and $
mircea_popescu: 287.84 of which out of businesses that did less than $1m historically.
mike_c: coinbase been pushing that hard. offering $1m in free transactions to business that sign up with them.
mircea_popescu: KRS1 "if the IPO requests $X amount of dollars to fund project Y" contradicts " convert BTC to fiat"
KRS1: ThickAsThieves: My recommendation is simple...if the IPO requests $X amount of dollars to fund project Y, convert BTC to fiat and execute the business plan accordingly to yeield project Y. Simple. Don't reinvest investment dollars. Thats stupid.
mike_c: around we go. what is wrong with it is that in a year that company will be worth $200 and the bitcoins it raised will be worth $2,000
KRS1: Its perfectly fine to cash in btc for fiat at the time because $X dollar investment has been reached to launch business operations.
KRS1: So if we all invest in a company that needs $100 dollars, using bitcoin, as long as the $100 dollar investment goal has been reached, what is wrong with executing the rest of the business operations?
KRS1: Companies typically launch an IPO to raise funds, along with a business plan, to bring a particular product or service to market with the intent on making a profit. Why shouldn't a company raise funds for X amount of BTC, cash it in for fiat? According to the business plan, the investment should request $X dollars for Y project. As long as the funds are matched, and everything falls
ThickAsThieves: indeed, TSLA did not actually become $20 more valuable in a few days
mike_c: the20year: you are turning bitcoin into $, which i think is a bad idea.
KRS1: If I'm an investor in a company using bitcoin and the day after my investment, bitcoin market price shoots upward and remains high, it kind of sucks I'm still investor X having invested only btc $Y.
KRS1: In reference to "You Can Raise It But You Can't Spend It". Whats wrong with a company sticking to their business plan, soliciting for $X amount of funds, receiving it in bitcoin, converting it to fiat? Then the proper execution of the business plan can take place with the investment model of using bitcoins for funding. If the value of bitcoins goes up or down, it does not matter. The
kakobrekla: that hash is md5($exchange.$asset)
mircea_popescu: $depth X.eur
asciilifeform: transparent hardware -> $, lock-in -> $$$$$$
asciilifeform: the correspondence between each bit of the bitstream and the internal logic of the fpga is a $billion secret
mircea_popescu: bitcoin was taken to $10 by lulz, to $100 by lulz and drama and to $1000 by lulz, drama and mining.
lippoper: 88% of trading was performed in USD, Bitcoin was the most traded crypto, combining for $19.4k, or 48% of the total dollar volume. In a not-too-distant 2nd was Dogecoin, combining for $14.1k, or 35% of the total volume. No other cryptos came remotely close. Litecoin was a distant 4th, posting just $2100 in total dollar volume.
Dimsler_: at like $5
asciilifeform: $180.
herbijudlestoids: banh mih for $3.50 :)
lippoper: (つ◕_◕)つ [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅]
ThickAsThieves: how to lose $5000 with an audience
ozbot: BitBet - BTC/USD at MtGox will be above $150 on Mar 1st 2014
nubbins`: for instance, gigposters.com forums costs $20/year for "premium" membership
ThickAsThieves: it's like $2800 for 1000sqft in San Francisco and $800/mo for a 1700sqft house in north Florida
herbijudlestoids: just checked to confirm US avg salary is $52k USD and AUS avg salary is $73k AUD, evens out to be about 50/70 on a PP basis
ozbot: Spaceships worth more than $200,000 destroyed in biggest virtual space battle ever | The Verge
ThickAsThieves: 0.49$/G-0.99$/G, depending on order size and delivery speed of choice.
herbijudlestoids: did anyone allocate $500,000 or $1,000,000 to marketing?
nubbins`: "where did this $9t go?" "we currently don't have that information until we finish our review" etc
mircea_popescu: it's c$$
pankkake: sometimes it multiples the btcs by a random number that makes no sense and adds a $, is that css?
pankkake: torvalds is probably 1) unaware of the website 2) rich enough to not care about $136
azi`: more like $200
nubbins`: was something like $200 per book
nubbins`: in the meantime, i just received an email receipt for that $100/$100 coin
nubbins`: "it's for security, unless you have $50"
Duffer1: but they still managed to sell like 800k copies at $30usd each
Diablo-D3: there are like $50 tiny little bottles of wine
Diablo-D3: kakobrekla: lets face it, <$15 for wine sucks.
KRS1: $8 for 375 ml
herbijudlestoids: lol which shit talker was in here the other day telling me spreads between exchanges were narrow? i just saw on -otc that spreads are ~$100
asciilifeform: invest $50, 1F or greater capacitor + fist-sized power FET, discharge spot welder.
asciilifeform: proof of destruction alone does not command a price. snowden's head could be worth $100K (fox news audience pitching in pennies) but yours or mine...
asciilifeform: there is, for instance, a legend of an occasion where it was necessary to move several $mil in dollars out of the ussr ☟︎
asciilifeform: buy $10K keychains often?
the20year2: $200 diff between bitstamp and gox
mircea_popescu: a tooth implant done well by a specialist is about $500 or so.
mike_c: that was a hefty price for a tooth given a dental implant is only about $3k
asciilifeform: there's even the old folks still renting phones from at&t (this particular racket was sold to lucent, and still brings in ~$20mil/yr. until they die of old age)
TATdoesReno: somehting like $300k per mo?
asciilifeform: if you take out $2999, the jail cries for you immediately, in all likelihood.
asciilifeform: phun phact: in the u.s., taking out < $X cash, where X is the government reporting minimum, is an indictable crime.
KRS1: I cashed out $30K once and just had to give them a day's notice for them to get the cash on hand..i didnt answer any questions..had no problems.
pankkake: "You can go to multiple branches in a day/week but still you can't just cash withdrawal $10,000 in a single branch" so, what's the issue really?
nubbins`: but i mean really. guy thinks each building holds enough cash on-hand to just dole out $20k to each customer all day?
ozbot: TIL Most US Bank branches will only allow you to withdrawal less than $5,000 (cash) in a given week
BingoBoingo: The initial price for 1 Cardano they quoted was 0.3 BTC roughly at $100/BTC. I dunno, but I imagine at $10,000/BTC they could comfortably keep the price at 0.3BTC
Mats_cd03: the players are good and if you play very tight you can prob make $50/hr with one screen up
asciilifeform: '$1000 here, $7000 there'
asciilifeform: mircea_popescu: reminiscent of your observations re: dope addicts. that is, one marvels at their ability to get hold of the $$$$ to carry on
BingoBoingo: The old SE/30 was 4MB when I picked it up at a school auction for $10
googBus_: '"A basic principle of journalism is to acknowledge when the owner of a media outlet has a major financial relationship with the subject of coverage. We strongly urge the Washington Post to be fully candid with its readers about the fact that the newspaper's new owner, Jeff Bezos, is the founder and CEO of Amazon which recently landed a $600 million contract with the CIA.'
googBus_: it's interesting that amazon both has a $600 million USD cloud contract with the agency; and amazon's titular head has bought the washington post
KRS1: "Give me Coins" website hacked, 10K Litecoins worth $230k stolen
mircea_popescu: "I made a handful of these a few years ago. I currently can only find 2. I may have given the rest away or sold them, I cant remember. I'm asking $50 each for them shipped in the lower48 (at bitstamp rate)."
jborkl: There is a conference here, I actually thought about going until I found out it was $275 and no one I had ever heard of- although they say they are bitcoin experts
the20year2: There's a $100 process that will make the property weather just fine
nubbins`: from what i can gather, the two moms got on welfare and the state wants the cup-cummer to repay $6k worth of welfare cheques
nubbins`: $20 million
Apocalyptic: J.P. Morgan to Raise Dimon's Pay to $20 Million
pankkake: "All things considered, I'd say we did a pretty good job of preserving purchasing power in the rise from $100 to $1000 BTC. During that time we went from about 0.032/share to 0.0034/share."