log☇︎
117100+ entries in 2.758s
furuknap: This is the halving effect I've been touting for the past few weeks in practice. We know that once a more powerful bond comes online, the less powerful bonds will drop in dividends. It's simple math, plus and minus. So why aren't anyone even noticing this?
furuknap: Then there's 100TH, which granted isn't delivering yet, but let's just forego that and chalk it up to risk and look at expected revenue. 100TH is fixed at 200MH/s, and if things go according to plan, that will be operational sometime this summer, let's sau August to pick a date.
qxzn: yes, but you won't beat my bots that way :)
qxzn: there are ways to game bots if you are clever, and the bot isn't defensively enough written
qxzn: There are a couple reasons to trade. 1: you are investing. In that case, you don't care about bots. 2: you are arbing/providing liquidity. in that case, you should have bots because it's more efficient in terms of human labor. 3: you are speculating / doing "thinky" fundamentals trading. see case 1.
mircea_popescu: the thing that doesn't care is a bucket shop.
qxzn: people "just don't like" bots
mircea_popescu: the human either has a side or doesn't. if he doesn't he;s not betting anyway.
mircea_popescu: i don't see the problem. people setting their own bots to marketmake provides liquidity.
mircea_popescu: shouldn't be too hard.
qxzn: mircea_popescu I haven't looked closely at bitbet yet, but like getting the current odds and the sizes behind the odds, I suppose.
Scrat: I won't say!
deadweasel: i don't know
deadweasel: can't wait til that goes mainstream
deadweasel: i can't fucking do any work today...
furuknap: A lot of people still trade on EMAs, as do bots. It's no clear prediction, but an indication. The world could end tomorrow, you don't stay away from trading just because of that.
furuknap: All EMAs still pointing upwards. 132 isn't going to be much of an issue.
deadweasel: ah, I didn't know joecool
deadweasel: well I don't know where you are and I still talk to you. ;P
deadweasel: lol, no doubt. as long as I can keep taking my cut, I don't care. it may not be BTC that is the future currecny, but one of it's cousins.
deadweasel: I didn't get enough sex in my teens
deadweasel: truffles, that is why I don't have the energy. I did 4 hours of intense training last night, my knees barely support me today.
deadweasel: i don't always have the energy for sexathons
deadweasel: I don't think superior is the correct word for it.
deadweasel: no no, just don't want to be with dramatic low-confidence people, it sucks the energy out of me. it's a waste of time. I can't help them and they will only drag me down.
Scrat: little jimmy that bought at 230 because he saw it on msnbc didn't really buy a whole lot
Scrat: fiat500: nop, these people don't hold any significant amounts
davout: ThickAsThieves: thank you, googled, but didn't think about a simple CTRL+F on the reddit thread
KRS1: t'sup
ThickAsThieves: when it isn't as simple as that
parseval: I saw that, it didn't even come up to a whole BTC for this div, at 9 btc paid out
assbot: Aren't those tins of tobacco right there behind you?
bdk_kluge: But there are TWO walls! You can't explain that!
bdk_kluge: They don't believe stability will aid in adoption and mid-term increase price?
bdk_kluge: Doesn't the double-wall generally indicate someone wants to manipulate us upward with fake stability? :p
bdk_kluge: Haven't they pretty much, already?
Chaaang-Noi: bdk_kluge> He just didn't give the hack excuse. he did not say anything much, we still dont know :/
bdk_kluge: How much would one of these balloons cost? What's involved in maintenance? I'm lacking towers in my area, and sure can't justify the cost of erecting one just for my own thing...
bdk_kluge: He just didn't give the hack excuse.
_aknap3: thestringpuller: I wouldn't know, to compare
Namworld: Coinroll has made 1/4th of SD profit so far this month. SD really isn't lucky this month.
mircea_popescu: (and no, actual capital ain't measured in millions)
Namworld: Nah, I don't think it's a scam.
Namworld: But they don't even earn that
Bugpowder: If you believe its truly a money tree scam where erik is recycling into it, then don't buy
Bugpowder: although on a volume weighted basis that isn't true
Namworld: If they can't do that, why would they pay 100x weekly revenue?
Bugpowder: I haven't claimed my shares yet
mircea_popescu: "What is the acronym "OTC?" I haven't heard that one yet..."
mircea_popescu: benkay_ oix only counts options sold by bot. people have been mostly shorting this month, so bot didn't sell much of anything
mircea_popescu: jurov what's thatg? i can't see the link
Willdude123: No, I won't
fiat500: jcpham: hrmz, that article doesn't really say anything
fiat500: WILLdude: i was lying about that 11btc, please don't
aknap3: it's awesome -- need a group of people. Even if you have played the game before and you know all the details you can't stop the wild fluctuations in supply and demand
optimator: aknap3: of course, you are right. you can't fight it
optimator: ThickAsThieves: I'm not saying I didn't take a profit... but damn! 2.45
aknap3: not trying to be a pain, but doesn't the stockholder agreement say we can transfer in an out?
burnside: yeah, that's true. I don't have many spares on my side tho.
ThickAsThieves: even if they weren't
assbot: It's so strange that you don't remember any of your poetry.
BitHub: wouldn't be that hard, we found kenfrom cryptoexechange
ThickAsThieves: yeah you better buy BFL stock while you still can't!
BitHub: yeah i dont know why these guys haven't it this way, annoying
ericmuyser: BTC0xygen: I dont get it you want people to WORK for FREE? doesn't that scare you?
furuknap: No, but that's because the herd doesn't realize it.
furuknap: Even at half that, and let's guess that every competitor fails for the next three years, in three years, AM revenue must go down because hw sales won't be as profitable and block reward goes down.
Bugpowder: They don't all start that way, but they all end that way.
furuknap: I live in Scandinavia, I know the culture, and running a scam like that wouldn't be even close to feasible.
furuknap: No, but that's the change that might be useful. If they intend to float a new hardware asset, that would require a lot of overhead and time to build confidence, which isn't easy for hardware startups.
furuknap: That depends. If they hold shares in the company, the rise in share prices would be profitable and they wouldn't have to worry about floating a new asset.
furuknap: So far, yes. But wasn't AM also that in the early beginning before the IPO? Chaang?
qxzn: argh. why can't people code?
DeaDTerra: I loaded off 2.6k on the market within 2 days I guess that it couldn't handle it and started to give away. I always posted asks so I did not stand for the selling into bids, that was the people who lost faith and paniced.
DeaDTerra: Either you invest! in which case the price of the market doesn't matter as you believe in the underlieing company and that it will suceed.
furuknap: Sure, but there has also been 3000 shares moved to BTCT recently. No idea what other markets get, but that's a lot of selling power, and I can't imagine any other reason why people would move shares into a PT if not because they want to sell.
cole_albon: if someone were to execute an in the money call on mpex exchange. what happens next? how do dollars get into mpex to make the buy? I know it's a dumb question, and probably offensively dumb, but I can't find instructions anywhere for this
furuknap: I mean, most of the people that have been rushing the AM price these last couple of weeks have no idea how to value anything. They'll see a 43% drop in dividends and freak out, realizing the beanstalk doesn't grow into the heavens.
furuknap: Selling down 40 shares coesn't really require extensive skill... What is sad, though, is that someone bought TAT.AM on BTCT for the equivalent of ฿3.33.
furuknap: It's all over BNBN, haven't you hear?
KRS-1: Or entire teams get dismissed because performance or expectations haven't been met by poor leadership.
KRS-1: if its one thing i've noticed since i've entered the job market in the late 80's til now is that management has gotten shitty..and they won't think twice about making their shit roll downhill onto the employees. i've seen good people lose their jobs over shitty managers who throw them under the bus.
mjr_: which results in employees doing things that don't make sense because they have no clue what they are doing
davout: naaah, don't make me say what i did not say
mircea_popescu: i don't think that revenue would be very large.
davout: and we never touch it, we can't spend it, we can serve it as a static HTML page, plugs itself into blockchain.info for all bitcoin related needs
mircea_popescu: cause it can't send anything anyway
mircea_popescu: it woudln't be a bad service, if someone were to make it in ON A SANE PLATFORM
furuknap: Pictures or it didn't happen.
Namworld: I can't write calls without shares...
thestringpuller: Haven't seen dat nigga in awhile.
dub: didn't actually check
furuknap: Volume doesn't gewnerate money.
Namworld: Oops, didn't mean to crush you
mircea_popescu: i don't see ghow this disproves the "his contribution is nil" part.
mircea_popescu: i can't believe people still care about the fat german kid.
Lizardbitcoin: Obama can't pass gun control... terrorists
bdk_kluge: Hope he doesn't sue for infringement!
Lizardbitcoin: I understand the correlation isn't 1-1
Lizardbitcoin: then he was like I'm not joe... well who are you... don't remember too much more I was 11