120600+ entries in 3.11s
MJR_III: but i don'
t want to hold my cash in bank, i want to hold bitcoins in my wallet
mircea_popescu: i still don'
t think bitcoin is adequate for the retail space
mircea_popescu: (leaving aside they don'
t even know this is where it starts)
MJR_III: pinterest, twitter, facebook...they don'
t actually have to produce real things that take supply chains
MJR_III: and most web startups don'
t have to work in the REAL world
mircea_popescu: yeah. they also don'
t have the chances of a real business.
mircea_popescu: and this isn'
t random dickery as in "you must be old" or some shit. the ops experience shows.
mircea_popescu: i don'
t care how much profit the doctor's office makes.
unbalanced: So it only sucks because it doesn'
t have proven profits yet? Once proven to have traction and revenue, it wouldn'
t meet the noob=sux criteria?
unbalanced: Ah... so does bitmit not cut it or you just hadn'
t seen it or still plenty of room for competition I guess?
unbalanced: I think someone mentioned building an eBay-killer here this week but now I can'
t remember who/when/what
OneMiner: Umm.... I don'
t think so dood. Site it or it didn'
t happen.
deadweasel: ThickAsThieves: I didn'
t catch that. So they might have a diploma from Spain, but want a US one.
OneMiner: 5k would put me in a sweet spot. I couldn'
t complain about that.
MJR_III: but don'
t think of the other side of the coin...which is mining fewer coins is fine if they are each worth more
MJR_III: then it doesn'
t appear to be worth it, but if i expected it to hit 100...that could make it profitable
mircea_popescu: this should be taught in hs. "too many knobs ? always pick a value you can'
t stand"
bugpowderr: I don'
t think the puts I bought yesterday are going to make up the difference :)
gwillen: pgp: if you bought with dollars you weren'
t otherwise going to use to buy BTC, I think you get pretty much a wash
pgp: dumb question, but with the recent explosion in the network hash rate doesn'
t being forced to wait for bfl's product make it less valuable by the time you actually recieve it? Or does the rise of USD/BTC from the time of preorder to delivery make up for that? or is it a wash?
OneMiner: I see. Ok, I can agree with that then. It's lol if it wasn'
t so destructive.
bugpowderr: thank god their are other semi-competent manufacturers. I think bitcoin won'
t actually be much affected by it
OneMiner: The truth of the matter is they ether didn'
t know what they were talking about or were lying about their time table and now it turns out that the same goes for their chip and board production. They are EITHER (choose one) lying or incompetent.
mircea_popescu: i can'
t see a future where they dig themselves out of the hole.
mircea_popescu: gwillen this isn'
t about bfl fantasy-labeling of real world items
mircea_popescu: you can'
t just go "we're doing X item with Y resources"
gwillen: mircea_popescu: I don'
t know what you're calculating from
gwillen: mircea_popescu: they didn'
t like, manufacture 1000 and then stop
gwillen: mircea_popescu: I don'
t understand your question
OneMiner: I don'
t think it's going to happen. It's just too stupid for reality.
mircea_popescu: it's like the chickens on the conveyor belt telling the chickens attempting to escape that "they can'
t"
ThickAsThieves: a little over my head, out of my country, but are they simply saying "fyi, your money ain'
t really safe"
splnkr_: ThickAsThieves: u mean electricity consumption isn'
t what they'd like, or hashrate isn'
t what they'd like?
MJR_III: so wouldn'
t that have been 4 hours ago?
KRS1: Wouldn'
t you want minion?
smickles: MJR_III: i don'
t think they're too ig to fail
MJR_III: i couldn'
t see any of the pictures
copumpkin: I guess you aren'
t as much of a creep as you sounded
copumpkin: but I don'
t think he's dishonest and he's smart
smickles: tiberiusiv: that's not really my criteria for bigotry, and i don'
t really favor american political correctness, so far as i can tell
mircea_popescu: "She didn'
t have large breasts, but they were by no means small either."
mircea_popescu: Chaang-Noi some people don'
t have ALL the venereal disease there is yet.
smickles: i don'
t see what i'm doing wrong with mine D:
copumpkin: isn'
t that true of every merchant out there?
copumpkin: tiberiusiv: he publishes reports monthly, doesn'
t he?
MJR_III: tiberiusiv is like atheists who devote all of their time to arguing about things they don'
t believe in
copumpkin: I can'
t remember what his nick was
Namworld: Ah yes, many just don'
t like mircea.
MJR_III: i told him i couldn'
t borrow a quintillion dollars either
mircea_popescu: MJR_III he had me yesterday, when he was explaining that he can'
t short mpoe because he doesn;
t own all the money in the world
copumpkin: MJR_III: and most people at HFs aren'
t the "managers" as people call them
MJR_III: mircea_popescu: no it isn'
t MJR_III: but it is a common saying among those guys that they wouldn'
t roll out of bed for what lloyd blankfein makes
MJR_III: smickles: it's kind of hard to do some financial analysis of sdice right now right? we don'
t have a full year of data...
copumpkin: you sure you wouldn'
t prefer over 8000!?!?!?!?
MJR_III: Diablo-D3: yep...i can'
t wait
smickles: Chaang-Noi: yeah, gox traders didn'
t even react for 5 min or so
MJR_III: i literally don'
t even know why someone would do that
copumpkin: so even those that don'
t pay income tax pay payroll tax
KRS1: smickles, this im wasting my time aren'
t I
smickles: KRS1: tiberiusiv wouldn'
t count an interest free, manditory loan as a tax
smickles: i think a lot do, but they don'
t have to
KRS1: tiberiusiv: you don'
t seem like you know what you are talking about when you say majority of Americans don'
t pay income taxes.
MJR_III: but got distracted and didn'
t come back till this january
smickles: Chaang-Noi: the ice melted around your champagne, didn'
t it?
copumpkin: haven'
t done anything related to it in years though, really
MJR_III: but wasn'
t sure, but i've been a big fan of your work for a long time
copumpkin: tiberiusiv: how do you know they don'
t realize this?
MJR_III: copumpkin: you didn'
t answer though, are you the iphone jailbreaker?
copumpkin: yes, but do you know that they havne'
t had to deal with that shit?
copumpkin: I haven'
t looked into the regulations surrounding issuing credit for short selling
copumpkin: tiberiusiv: I suggest that you approach things a bit more open-mindedly in future though, and don'
t just write off anyone who disagrees with you as poor, young, stupid, or otherwise unworthy of talking
bgupta: sure… if you are a an oracle and know which way things will go and aren'
t trying to influence the market with your trades.