log☇︎
124500+ entries in 1.391s
MJR_III: mircea_popescu: i wasn't aware that you did web hosting, but I saw the little hosted by mpex on bitcoinity
MJR_III: mircea_popescu: hehehe
mircea_popescu: MJR_III better hosting :p
error4733: i guess you read that : http://www.reddit.com/r/Bitcoin/comments/1b8hvt/bfl_josh_updates_on_asic_status_full_transcript/
thestringpuller: mircea_popescu: you are my bitcoin hero
smickles: MJR_III: people tend to spend tax returns on stupid shit, and i'm sure there are plenty of people who consider bitcoins stupid shit
jborkl: MJR_III : I was wrong about the diff retarget- my bad
bugpowderr: MJR_III: yeah for sure
kakobrekla: O_O
smickles: MJR_III: i'm not sure how jurisdiction would play out, so i default to where I am
jcpham: mircea_popescu did you know i can buy a judge for $500
jcpham: mircea_popescu did you know romania si the most corrupt place in europe
smickles: MJR_III: if you notice, i granted him the fact that mircea_popescu is a fraud and asked him what i should do about it
smickles: tiberiusiv: you don't think that activity could increase from other people in similar timezones to mircea_popescu ?
mircea_popescu: MJR_III not air. WATER! run a stream through your thing
mircea_popescu: MJR_III lol engage, that word got ruined by startrek
smickles: tiberiusiv: most of the activity happening when mircea_popescu is around, doesn't really indicate that mircea_popescu is the cause of said activity
smickles: tiberiusiv: though, that market cap does seem high to me, it is consistant with the amount of buys from people other than mircea_popescu that I know of myself
Diablo-D3: mircea_popescu: why do you think I'm working out a $250m plan thats all involving a DC?
mircea_popescu: MJR_III what;'s the benefit ?
Diablo-D3: mircea_popescu: yeah, but all you're doing is making it into a DC
MJR_III: mircea_popescu: you need triphase if you are going to have that much
Diablo-D3: mircea_popescu: easier to just have 208v three phase and then bring it down to 48v dc
Diablo-D3: mircea_popescu: you mean 400v on site?
Diablo-D3: mircea_popescu: they already are
mircea_popescu: MJR_III now think of the legal bills to defend that million.
smickles: MJR_III: do the 30day avg/30
mircea_popescu: MJR_III simply like this : i look at the immense fees.
MJR_III: mircea_popescu: how do you figure?
mircea_popescu: listen MJR_III this fees stuff... think for a moment. no exchanger makes money.
mircea_popescu: MJR_III so far even a fucking naming convention is impossible to contemplate, let alone implem,ent.
MJR_III: mircea_popescu: but it is like mpex...someone has to do it, and let others build on it
MJR_III: mircea_popescu: yeah, it just takes trust, which comes down to good management
mircea_popescu: MJR_III that is a good point actually. i have no idea why everyone's so hell bent on being special unique etc.
mircea_popescu: MJR_III kinda what it was intended as, you know ? little notes saying you have gold somewhere
smickles: mircea_popescu: ah, right. It is a production. The probably do have people do it for her
MJR_III: and as mircea_popescu's excellent article showed...you don't need bitcoin to do everything
smickles: mircea_popescu: aslo, to me, it looks like she painted herself derpy eyes
smickles: mircea_popescu: people on tv tend to look odd
mircea_popescu: i hate to be that ass who keeps linking his articles, but i hate repeating shit more. so MJR_III , ever saw http://trilema.com/2013/bitcoin-prices-bitcoin-inflexibility/#comment-92015 ?
mircea_popescu: MJR_III well... it also yet benefits from a very low bar.
unbalanced: mircea_popescu: I've read your "recognize you're an idiot, noob" posts re: BTC businesses and 100% agree.
bugpowderr: Oh jeeze... http://market-ticker.org/akcs-www?get_gallerynr=4089
OneMiner: https://en.bitcoin.it/wiki/Difficulty#How_often_does_the_difficulty_change.3F
thestringpuller: I think as old money enters the btc economy, due to lack of regulation people like mircea_popescu will take their money pretty quickly
Chaang-Noi: http://images.search.yahoo.com/images/view;_ylt=A2KJkCGyuVVRDiwAfjKJzbkF;_ylu=X3oDMTBlMTQ4cGxyBHNlYwNzcgRzbGsDaW1n?back=http%3A%2F%2Fimages.search.yahoo.com%2Fsearch%2Fimages%3Fp%3Dlotus%2Bcar%26fr%3Dsfp%26fr2%3Dpiv-web%26tab%3Dorganic%26ri%3D109&w=1600&h=1200&imgurl=www.autocarsight.com%2Fwp-content%2Fuploads%2F2011%2F10%2F2012-Lotus-Exige-S.jpg&rurl=http%3A%2F%2Fwww.autocarsight.com%2Ftag%2Flotus-exige-s&size=320.2+KB&name=2012+Lotus+Exige+S+Spec
OneMiner: MJR_III If you are that close to the line then you should probably just buy coins with your hardware and power costs. You'll end up with much more.
MJR_III: mircea_popescu: yeah...or hedge
mircea_popescu: MJR_III or hedge
gwillen: mircea_popescu: as far as I know they are not dividing anything into batches, they are just taking preorders continuously
gwillen: mircea_popescu: ok, show us your math that says they already spent all the money, then
OneMiner: mircea_popescu Hence their scramble I guess. But they made the chips one way or the other so the large initial expense is done with. It will likely cost them less to produce a revised board.
gwillen: mircea_popescu: unless you have inside knowledge about BFL's costs that you should share with the rest of us
gwillen: mircea_popescu: I don't know what you're calculating from
OneMiner: mircea_popescu People sent them (and are still sending them) bajillions of bitcoins. If they kept any that's where the money comes from.
gwillen: mircea_popescu: errr, with the fucktons and fucktons of preorder money?
gwillen: mircea_popescu: this just means they will fulfill fewer than we thought
gwillen: mircea_popescu: they are still making more
gwillen: mircea_popescu: they do not currently have anywhere near the number of chips required to fulfill all preorders
gwillen: mircea_popescu: they will be forced to manufacture more units than they thought
gwillen: mircea_popescu: they didn't like, manufacture 1000 and then stop
gwillen: mircea_popescu: they are manufacturing them
gwillen: mircea_popescu: I don't understand your question
mircea_popescu: https://twitter.com/BFL_News independent twitter stream doesn't look promising.
ThickAsThieves: http://news.bbcimg.co.uk/media/images/59119000/jpg/_59119706_north_korea_ranges_2.jpg
jcpham: i knew mircea_popescu had a gangster phase
jcpham: just say no to rape mircea_popescu
thestringpuller: mircea_popescu is romanian, he cant rap
bgupta: http://news.cnet.com/8301-1023_3-57576928-93/bitcoin-hits-record-exchange-values-with-cyprus-banking-crisis/
arij: O_O
ThickAsThieves: i cant pin down the source, but https://twitter.com/BFL_News
smickles: MJR_III: "UT1R is a smoothed version of UT1, filtering out periodic variations due to tides. It includes 62 smoothing terms, with periods ranging from 5.6 days to 18.6 years."
smickles: MJR_III: um, well, 23:59:59 on the 29th
ThickAsThieves: <mircea_popescu> you're lucky you have a dayjob <---this flew over my head
copumpkin: mircea_popescu: hah, my job tries hard to make me unnice!
copumpkin: mircea_popescu: well, your idea of a fight tends to be /ignore
smickles: MJR_III: i don't think they're too ig to fail
copumpkin: mircea_popescu: right?
copumpkin: tiberiusiv: I am rich, filled to the brim with mircea_popescu's love
smickles: mircea_popescu: you mised the part when tiberiusiv called copumpkin poor for disagreeing with him
copumpkin: mircea_popescu: never knew they were spelled that way
copumpkin: mircea_popescu: ohhh!
smickles: MJR_III: the + means it was traded higher than the last time, not a statement on who was the liquidity taker
copumpkin: who spoke about mircea_popescu in exactly the same terms
copumpkin: people dislike mircea_popescu because his penis is too big
MJR_III: what other business do you run mircea_popescu
Namworld: [23:06] <mircea_popescu> yeh teh tradition is that no comment
copumpkin: mircea_popescu: what'd it start at again?
smickles: MJR_III: he typically keeps a tight lip on that topic
MJR_III: what was the total volume mircea_popescu
copumpkin: mircea_popescu: he tried that on us too
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
copumpkin: mircea_popescu: absolutely not
copumpkin: MJR_III: I think paulson made 4.8 one year
smickles: MJR_III: i'm sure you could get a good idea from the data out there now. the main thing would be wether or not there will come some outside influence on their operations
Diablo-D3: MJR_III: yeah, but Im looking for over $200m.
copumpkin: MJR_III: not really
smickles: MJR_III: well, i declared some last year, and i've already bought some things with it this yeear, so yeah, i think i'll declare it