123300+ entries in 2.874s
splnkr: i don'
t think wall street is quite that dumb
splnkr: and THATs why wall street won'
t bite.
imsaguy: then again, grandma isn'
t going to buy bitcoin
imsaguy: Diablo-D3: don'
t tell grandma that.
mircea_popescu: a chick that was a cocke fiend wouldn'
t have as many holes
mircea_popescu: pigeons they mean bitcoini caca consultancy don'
t they
mircea_popescu: it doesn'
t often get reported (this wouldn'
t have except the "cash hoarding" bs meets the community aggenda of the current whiote house)
splnkr: but if your business model is venture capital investment, don'
t you have to play your cards even in the absence of those rare cases?
splnkr: Diablo-D3: don'
t be wasting your time here then!
splnkr: well, honestly, the vc game is like that by nature. you can'
t predict the future. you have to place a bunch of bets and hope one hits it big
mircea_popescu: isn'
t coinlab run by the same people who run coinbase ?
splnkr: i'd say the real question isn'
t whether coinlab can deliver but whether wall street will bite
pigeons: they won'
t succeed and i dont see it affecting price either way
jcpham: if coinlab doesn'
t pull a rabbit out of their hat, i predict they are over
mircea_popescu: pigeons yes but then again they never don'
t and usually don'
t even know what anything means.
mircea_popescu: nOgAnOo now now, don'
t get excited. how was your vacation ?
jurov: OIX looks nice... lol, good it wasn'
t around last weekend when i did my assorted next month calls shopping
mircea_popescu: if more shit is added at the end that doesn'
t actually matter.
mircea_popescu: if the checksum is broken it doesn'
t actually validate
Namworld: It's like when you have income. You pay your taxes, then let's say you buy stocks. If they raise in value, you don'
t pay taxes on that until you sell, at which point the price difference becomes capital gains.
Namworld: If your BTC has appreciated in value, I think you don'
t need to declare that value increase until you sell them. So yes. But speak to an accountant.
aiball: Bugpowder I agree, Like Butch and Sundance didn'
t need to keep watch until they had the payroll
copumpkin: when you don'
t short it is when you get screwed
mircea_popescu: Bowjob it's pretty well established he doesn'
t have much if anything.
Namworld: those little stairs over 31 don'
t look natural on the orderbook...
Bowjob: it worries me if either US or canadian gov'
t ask for a list of who bought bitcoins when they were cheap
mod6: (15:54) < Bugpowder> It is really worrisome << after reading the about page, I couldn'
t agree more
Bowjob: Mhm.. it looks like bathroom tiles, doesn'
t it?
pigeons: "coinbase announces they are awitching business models again to improve something that they have no experience in that mtgox with the most experience doesn'
t like handling"
dub: 'Coinbase brings bitcoin to the Alabama beef jerky co-operative' doesn'
t have the same ring
jurov: even if mtgox thing materializes, don'
t necessarily mean they will make it through to the end of the year
jurov: thought live.coinbr seized again... but there just wasn'
t any trade
jurov: they basically don'
t know what they're doing.. and apparently they cancel orders anytime when mtgox goes up
mod6: i haven'
t used it yet.
mircea_popescu: (they won'
t die by june, as their burn rate isn'
t quite enough)
jurov: in 10 years. and i couldn'
t explain to him they will get obsolete by that time
jcpham: if coinlab doesn'
t roll out a hpc client, they fail
mircea_popescu: if it were you wouldn'
t be pissing the op off with statements of the kind
gigavps: guess they found out that HPC work with integer maffs isn'
t profitable
Bugpowder: you can'
t argue that and also argue that the rise is not driven by the reddit/coinbase crowd
topace: i can'
t just assume that anything >0 is valid.... i need to be sure i know what it means
wh1t3r4bb1t: im setting up another bitcoin server and I can'
t find the default bitcoin.conf on debian squeeze
jcpham: you didn'
t like my link mircea_popescu
maximian: and the presence of a bitcoin casino doesn'
t make an abandoned/cracked bitcoin system viable again
Namworld: Ripple? I don'
t understand how it works, not really any instructions
Eduard_Munteanu: Luckily it's all stop-loss and you can'
t end up in debt, AFAIR.
mircea_popescu: you don'
t HAVE to use leverage you don'
t want now do you
mircea_popescu: right. i don'
t understand why anyone'd bother, other than to hedge speciffic risks
mircea_popescu: Eduard_Munteanu if that thing ain'
t rigged i'm a girl and don'
t even know about it.\
Eduard_Munteanu: Not particularly hit by the crisis, but my trades weren'
t exactly great.
mircea_popescu: i have no idea, haven'
t followed that since the late 90s
Eduard_Munteanu: Well sure, now you don'
t expect a company owner to admit, no? Hypothetically, of course. :)
Eduard_Munteanu: mircea_popescu: stuff like "I can'
t pay you cash, I don'
t have it"
mircea_popescu: ThickAsThieves you wouldn'
t call it anything. when power bill comes you just pay it and that's that.
Eduard_Munteanu: Actually yeah, you probably can'
t, not to mention you need receipts and such.
Eduard_Munteanu: Yeah, I'm pretty amazed it didn'
t crash. Might be relatively stable after all.
mircea_popescu: well... it's going to crash, but later on, and it won'
t crash as low as 30, so...
Lyspooner: he helped kickstart a revolution, he got a pizza and he didn'
t have to kill anyone
jurov: not bad, don'
t you tihnk?
jurov: i'm concerned only about difficulty increas, that shoudl happen around March 14... and it won'
t be affected much
dub: midnightmagic: I didn'
t realise canada was a federation
Namworld_afk: Bugpowdr: personally I wouldn'
t mind that much right if BTC went to zero and died.
dub: don'
t forget the $1000 ripples
deadweasel: srsly, I just don'
t give a fuck about working anymore.
swhitt: I bet BFL won'
t ship until the end of march
jurov: can'
t expect any investor in this situation "okay, now tell me more about this mircea popescu" lol
jurov: i don'
t have to trust the filthy bitvps machine, that's all
ThickAsThieves: why wouldn'
t you just hog all the arbitrage if you have the ability?
ThickAsThieves: but to be fair, I didn'
t know anyone did it til Deadterra
mod6: its shitty when neat-o libraries don'
t define their return statements, nor can they be correlated to a given spec.
mod6: i don'
t know how one does that. In my mind, person A owns 1 share of XYZ and he can push to another key on the MPEx keyring (weather it exists on the keyring or not) ... but how does one push this to a remote keyring?
jurov: ...but that doesn'
t look good on quarterly report, yeah
jurov: lol if banks don'
t know what to do with money, why not fund long term infrastructure/scientific development..
Eduard_Munteanu: If the interest rate doesn'
t cover the inflation, you're probably better off keeping your money in a warehouse, safe deposit box, full reserve bank, some other currency etc.
Eduard_Munteanu: ThickAsThieves: I'm cool with that as long as they don'
t lend my money
DeadWeasel: what psychological impact will that have? I would guess short term dumping by a steady rise, if the dumps aren'
t maintained