log☇︎
121200+ entries in 3.176s
Namworld: He doesn't appear as a troll...
smickles: ya know, i don't think tiberiusiv is a troll. troll keep going when trolled, don't they?
mjr_: i can't keep talking about this anymore
smickles: tiberiusiv: why is the use of wow gold legal even tho you can convert them to fiat and the issuer doesn't do that conversion
smickles: all the assicminer shares out on 'the market' arn't actual shares of asicminer eithr
smickles: tiberiusiv: they arn't listed
smickles: S.DICE doesn't even have voting power
smickles: that would be a real show of strength to my mind, SD keeps going even after the US GOV't tried to shut it down
mjr_: that is the point...btc can't really be stopped from flowing to SDICE
mjr_: which is when BANKS couldn't transfer money to or from online gambling sights
smickles: SD doesn't operate in 'merica
smickles: tiberiusiv: so the people who own the casino's in morocco can't come to america w/o fear of being arrested?
smickles: the reason I was asking was that I don't believe you gave good justification for your position
smickles: ok, so you don't have a good reason then
smickles: i don't think S.DICE represents the market value of SD at all
mjr_: who don't understand TVM
smickles: and also, the market is fickel, ;you can't use that as evidence to their legality
smickles: it wasn't illegal just because there was a real money market for the stock
smickles: that wasn't illegal
mjr_: i'll leave it where kakobrekla was smart enough to...you don't really know what you are talking about
Namworld: They're not unlike game currencies. They're worth nothing, just used in a game. You don't pay tax on what you earn in a virtual game.
mjr_: sdice DOESN"T
Namworld: BTC is virtual token with no fixed value. Some people happen to want to buy it. They don't have a definite USD value however, they're just valueless tokens unbacked by any entity.
Namworld: I don't consider anything regarding moving Bitcoins illegal and won't until I'm told to. For now it's just some virtual tokens.
mjr_: don't know
smickles: I really don't think what SD is doing is illegal, and I'd like to have a firm grasp of why some people do
smickles: why isn't it illegal to play games with wow gold or others like that?
mjr_: he also isn't an owner of bitinstant
smickles: tiberiusiv: you know voorhees isn't even the largest shareholder of SD, right? i think he owns significantly less than half
mjr_: those who appreciate the fact that anyone with that much market share and that great profit margin CAN"T be that cheap
jurov: tiberiusiv, can't it be just people cashing out of btc generally? all mpex assets went down recently
mjr_: and they don't operate here
jurov: and mircea isn't bragging?
mjr_: i don't know about 0
mjr_: you men they don't know yet?
jurov: tiberiusiv, really? if bitcoin isn't game currency
smickles: "americans can't open forign bank accounts"
mjr_: tiberiusiv: it's easy, at the end of the day, to say why things won't work...it only costs you your time on this forum (probably largely offset by the enjoyment you get from trolling), but it's a lot harder to do things that do work
smickles: tiberiusiv: why do you think americans can't open forign bank accounts?
mjr_: the source can't be shut down
jurov: we are betting that they can't take down all sources for everything. too expensive and ineffective
mjr_: they can't stop a guy smoking a joint or downloading a song
mjr_: can't keep a good man down i guess
mjr_: they can't shut down people playing, we already established that
mjr_: from what i understand they aren't now
mjr_: tiberiusiv: since as i've said...their won't be anybody in the US
smickles: last i knew, zynga didn't need to comply with gambling laws
mjr_: the point of investing, iirc, is to try to play on inefficiences, if everyone knew what it was worth...it owuldn't make sense to buy it for more
mjr_: they can't run healthcare...but they could prob insert a chip into every american
mjr_: i don't think you can
mjr_: iirc you can't freeze a bitcoin account
benkay: usg doesn't care about laws or your mythical currencies
mjr_: and they won't be here
mjr_: which they won't be for even 4 weeks
mjr_: you don't get half of the volume by not being popular
mjr_: and ireland doesn't have that
mjr_: i don't want to sell
mjr_: and haven't looked into them
mjr_: those 3rd party audits aren't free you know
mjr_: i don't know their profit
mjr_: this won't last
mjr_: http://youtu.be/xWpOKWjFHNY?t=1m5s
mjr_: ThickAsThieves: those estimates won't mean anything till we get a bigger sample size
mjr_: haven't seen many head and shoulders but cup and handle has been going around a lot
mjr_: only a few military grade trucks could outperform you...and they wouldn't look as cool :)
mjr_: i haven't really sold at all...but i have a price target that i want to hit by 2014
ThickAsThieves: it's funny sometimes Havelock shows - when it should be +, somehting to do with how matching orders don't get filled immediately there I bet
Namworld: Totally is, why wouldn't it?
mircea_popescu: i wouldn't buy mtgox shares atm, i'd sell them short to all hell.
Namworld: Ah, sad I didn't have more funds for that IPO
Namworld: yeah, coinbr/Bitfunder don't have API yet so I haven't included that
mircea_popescu: sounds totally legit this. why didn't i think of it
thestringpuller: Me too. Don't tell my employer I said that. :P
benkay: i don't take dumb money.
benkay: whoever that is isn't an accredited investor
thestringpuller: mircea_popescu: "I've always wanted to try my hand at investing, but I don't have much "spare" money, and am currently not working at all. BTCs are offering me an opportunity to not only invest starting small, but learn so much about international monetary policy, trading, markets & so forth. The BTC community here on Reddit is amazing (minus the inevitable trolls of course), and probably the most helpful and sincere group of people I've come a
jurov: ofc it isn't a prediction. the price i sell them is a prediction+healthy margin
jurov: but you don't know the collateral, you can only guess
jurov: and mp refuses to reveal the backing, don't remember why
mircea_popescu: well, don't.
mircea_popescu: and lo and behold how fake and unfair it all is and how it won't survive.
mircea_popescu: and i bet you in 2015 there will be idiots joining in a la that estonian dood, all indignant that the powers that be in bitcoin don't give two shits for his second rate irl accomplishments
mircea_popescu: what people don't do for moneyz
jurov: i don't think that possible
unbalanced: Thanks for the link, I think I saw one from someone else the other day too but didn't get a chance to follow it that day.
unbalanced: Thanks ThickAsThieves, smickles - I didn't think I was ready for the full MPEX but maybe at some point I'll get serious with this.
Namworld: I haven't seen Ukto/Topace in a while
jurov: i couldn't be living off coinbr then
jurov: again, why you think one can't convert their fiat income right after payday and then use btc exclusively?
jurov: it isn't reported in media, but in greece it happened several times already in past 5 years
jurov: what about the externalities? you didn't reply to that
jurov: won't happend with groceries, ofc
jurov: archive.org employees (they didn't disclose how much it's yet)
smickles: wouldn't ya know it. I go to spend some bitcoins, and the product is on backorder :|
Namworld: Merchants accepting Bitcoins don't get good results it seems
Namworld: mining doesn't seem viable to me anymore
awkorama: at least in bitcoin the tail won't be too long
Bugpowder: the unfunded bids don't display
Bugpowder: The bids you don't have funds for are not listed on the order book, starting from the lowest price down.
chmod755: i don't have a bank account in the US tho