130800+ entries in 3.078s
smickles: that's a bout a 95% loss, and you haven'
t paid that much in dividends
mircea_popescu: i don'
t see how glbse shares are worth anything in principle
mircea_popescu: no dude, on nasdaq. you know... you don'
t HAVE to make sense.
mircea_popescu: "There are ways to change the way hashes are made to break an ASIC. ASIC is hard wired. It can'
t change at all. FPGA can be reprogrammed with a new bitstream. GPUs are the same. A very minor change could make a lot of expensive paperweights and would be a great way to keep bitcoin operating the way it was meant, openly accessible to virtually anyone with everyday hardware, not a bunch of elites with fancy expensive hardware. It's s
mircea_popescu: thing is, "asic" doesn'
t name ONE thing like gpu does.
BTC-Mining: solution? Buy ASIC, we don'
t have a better technology yet
mircea_popescu: I don'
t even want them to ship, they're gonna ruin Bitcoins. I spent ~2000$ on quad 7970's, only the cards, and they're planning to release a "coffee warmer" 3ghs+ ASIC that does more than my cards for 150$? Eff that, difficulty will skyrocket and put a strain on video card miners.
mircea_popescu: Hi guys, I basically had a prophetic dream vision last night, that the BFL Labs ASIC won'
t be shipped until February 2013 at best.
BTCHero: Did i read somewhere that bfl announced they wouldn'
t ship asic until january now?
BTCHero: you can'
t clap with one hand?
usagi: That wouldn'
t make sense.
usagi: Doesn'
t matter really, I bought back almosy 2000 shares of yarr with my own money
EmanuelDeOrtego: and I don'
t want to be sitting on Satoshi Dice when that happens
mircea_popescu: weren'
t you trying to get some fund going PsychoticBoy ?
JWU_42: had posted in #gpumax and wasn'
t sure what was going on
mircea_popescu: i don'
t see why it still would run, no more coins to launder.
mod6: don'
t get graped in the mouth by pirate
mircea_popescu: omg don'
t go around imposing your sterility on others!! pinko
copumpkin: mircea_popescu: they're precise to whatever depth you ask about, which is as much as you can ever hope for, since we don'
t deal in infinities
mircea_popescu: im sorry, i don'
t see the problem. let there be zeroes.
copumpkin: although I guess you wouldn'
t want them to be holding companies
EmanuelDeOrtego: The stock doesn'
t go into weak hands who will throw it away easily
EmanuelDeOrtego: You also don'
t have to use long ass decimals from the start
mircea_popescu: <copumpkin> it really isn'
t that hard to imagine buying half a share << what's hard to imagine is the benefit of doing so.
copumpkin: it really isn'
t that hard to imagine buying half a share
copumpkin: I honestly don'
t see why we need whole numbers of shares
usagi: I don'
t want to compete with you
usagi: it doesn'
t show, because it is a good background :p
mircea_popescu: sigh. i am getting sick of discussing security with people who don'
t actually know wtf security is.
JWU_42: not this channel isn'
t #glbse or #mpex ;)
usagi: If MPEX went down you couldn'
t do that
nefario: mircea_popescu: unless your exchange publishes the balance for a user or gives them a signed balance every time a trade happens they can'
t piece together anything
usagi: You are saying on one hand that mpex could provide information but on the other hand glbse could not. it just doesn'
t make sense.
usagi: But I don'
t see the point of having to manually sign orders with gpg. That's backend stuff.
mircea_popescu: they can'
t sign with gpg seeing how they don'
t have the bloody keys.
mircea_popescu: usagi srsly. if you don'
t understand gpg and what it does / why it;'s imp[ortant you're not yet qualified to be a party to this discussion.
usagi: You can'
t say that.
usagi: I asked where I could make more money listing; I didn'
t even imply that one server was better. But all I hear from you, mircea, is subterfuge.
mircea_popescu: usagi don'
t weasel out of it. you can'
t say "o, someone who;'s been at it forever is vulnerable becasue a buncha forum handles that exist since last week say so"
usagi: You can'
t talk about other companies internal procedures like you know, because you don'
t/
usagi: No it isn'
t true mircea. That's the problem/.
Luceo: I do like the higher level of security, I just don'
t see the point in making big holdings there when they're near-impossible to move
usagi: Same with satoshidice, now I don'
t just have to worry about 1 person I need to worry about 3.
usagi: If you list on mpex and don'
t get a passthry to glbse
Luceo: mpex needs an interface which is user-friendly, and imo should have a free-tier account that can'
t issue assets
usagi: I care to the point that I don'
t :p
Luceo: Registration wouldn'
t be worth it imo
usagi: he can'
t say that.
Luceo: MPEX doesn'
t have any wallet running, that is a plus security-wise
usagi: Some of what Mircea said isn'
t logical, and is biased.
nefario: but we can'
t protect people against themselves
Luceo: Also, for some reason your Google authentication doesn'
t work with Blackberry, I always get told my token is invalid. :/
nefario: of don'
t be so full of shit
mircea_popescu: you don'
t know the future in this respect, i'm affraid.
mircea_popescu: i don'
t care what you say. answer the fucken question already
rdponticelli: [09:57:10] <mircea_popescu> so sort of like a fiat broker ? why aren'
t you on mpex lol. << Yea, I help funnelling Argentine fiat Into btc. I thought about doing it in mpex and I even asked you if there was a fee back then... but people here would never wrap their heads around how mpex works....
mircea_popescu: you can'
t win a words argument with me. you will have to build a better product.
mircea_popescu: and i expect serious answers because this "o it's shit" doesn'
t work.
mircea_popescu: i don'
t see your answer to the security discussion yet.
mircea_popescu: so sort of like a fiat broker ? why aren'
t you on mpex lol.
Luceo: coingenuity: Didn'
t I? :o
mircea_popescu: ya. people don'
t understand this buyt suppose i have 100 btc to invest
Gladamas: Chaaang-Noi: I'm sorry, I didn'
t mean it as an attack
boonies4u: I wouldn'
t be surprised if Pirate bought some debt from passthroughs under the table
BTCHero: mircea_popescu: I was going to comment on that thread with questions and didn'
t want to muddy the thread
jcpham0: I don'
t consider it to a contract i agreed upon