log☇︎
13600+ entries in 0.999s
minersdidit: its not 3-10% lol
akstunt600: and many pools can run at 0% fees
minersdidit: you buy a bitcoin by the time you get to spend it its lost 5% of its value
danielpbarron: they might even have used that 20000% markup to buy BTC
minersdidit: even they realized its better to sell for fiat at 20,000% profit then mining BTCs lol.
minersdidit: retail tards have to make back their equipment they paid 20,000% markup for
minersdidit: only reason mining hardware is sold in the first place is because of the 20,000% markups and you get straight up fiat without having to mine BTC first then do the pain in the ass conversion
minersdidit: danielpbarron: you are clueless. producing an ASIC costs nothing, just becuase some scam companies sell them to retail tards for 20,000% markup does not mean they cost alot to make. the concentrated miners are producing BTC for next to free.
minersdidit: how can you get any if 80% of them are held by 50 people
minersdidit: danielpbarron yea and localbitcoins has like a 3-10% spread.
minersdidit: 20% atm fee and palm print
TestingUnoDosTre: bitstamp +1% isn't even a deal
Trader1333: $2400 cash in hand last 4 days and willing to buy BTC at bitstamp +1% and have it in hand same day. Its impossible. When market rising and things good could find it all the time.
Trader1333: i buy BTC on coinbase and want the same USD value come friday whether the value of BTC has gone up 100% or down to $1.
Trader1333: know its not the place, but if anyone wishes to sell 6.6 BTC let me know. or a contract to buy $2500 on Monday at whatever bitstamp +1% is.
Trader1333: problem is this stupid market no one wants to sell. so i figured if i offered a contract to buy at 1% above bitstamp the same amount every week, month to month contract, there would be some interest.
minersdidit: the utility sucks. 30% value swings in 24hrs
minersdidit: its down 60-70%
minersdidit: bitcoin has lost about 60% of its "value" from january 1st
minersdidit: what will it take for you to see most of its value? 51%?
minersdidit: danialbarron its lost what 40% in the last 24hrs alone?
TestingUnoDosTre: i lost, and I also lost the 1% by trying to bid last minute
mike_c: actually 5% gold 95% tungsten
minersdidit: bitcoin cant work alone its already been tried with 100% gold
minersdidit: the price moved what 20%?
Duffer1: for only 11,200 btc you can be the proud owners of 40% of YET ANOTHER havelol startup
minersdidit: 100% gold standard did the exact same thing
fluffypony: but something ridiculous like 80% of the murders occur in Lavender Hill
benkay: http://online.wsj.com/news/articles/SB10001424052702303873604579492364231819656?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303873604579492364231819656.html
danielpbarron: well, I'm not 100% behind the DEX; I understand the arguments against it, and it's not the end of my world if the devs figure out a way to stop it
nubbins`: for reference, a plain AA unisex tee is about 40% more expensive than our go-to shirt (organic cotton) and 150% more expensive than our "discount quality" shirt
ozbot: 6.120 billion | Next Diff in 1327 blocks | Estimated Change: 3.8349% in 8d 20h 31m 57s
Mats_cd03: https://public.bn1.livefilestore.com/y2phoIfiYJoK42afiJxQTf_9u5b01-x2I939I7u32nHqsKxuoOKDwJxl70MjD6CjeetX5FMJxUMStObRmMVApTxFRu49kRktBJO90g9OjqGCSo/IRC%20Cloud%20Channel%20Screenshot%201.png?psid=1&rdrts=71711565
ozbot: 6.120 billion | Next Diff in 1385 blocks | Estimated Change: 3.1369% in 9d 7h 27m 39s
benkay: (f)Immediately upon publication of each Statement of Profit and Loss MPOE/MPEx will pay to shareholders as dividends a fraction of no less than 100% (one hundred percent) of the Net Profits, if any.
mircea_popescu: incidentally, i wonder what % of the us agency agents are actually drug free. not pretend-free, not pass the test free, but actually, as a lifestyle.
ozbot: 6.120 billion | Next Diff in 1481 blocks | Estimated Change: 1.4776% in 10d 2h 58m 7s
gribble: WARNING: Currently not authenticated. Trust relationship from user nubbins` to user fluffypony: Level 1: 0, Level 2: 0 via 1 connections. Graph: http://b-otc.com/stg?source=nubbins%60&dest=fluffypony | WoT data: http://b-otc.com/vrd?nick=fluffypony | Rated since: Sat Apr 6 08:20:32 2013
bounce: "the industry" is made up out of at least 90% deliberate FUDmongering
Mats_cd03: 90% of days were 60-80F
Mats_cd03: http://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.journaldunet.com%2Febusiness%2Fcommerce%2Fpatrick-oualid-oualid-monoprix-bitcoin.shtml&edit-text
jurov: the openssl shit today... to be 100% sure one'd need to rebuild everything
asciilifeform: functional illiteracy rates will go from the current 40% to 80-90%.'
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user nubbins`: Level 1: 2, Level 2: 3 via 3 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=nubbins%60 | WoT data: http://b-otc.com/vrd?nick=nubbins%60 | Rated since: Wed Oct 16 19:58:53 2013
ThickAsThieves: "In 2009, non-Hispanic blacks, while only 13.6% of the population, accounted for 39.4% of the total prison and jail population." dafuck is a non-Hispanic black?
mircea_popescu: https://www.google.com/search?q=%22Somehow+Bitcoin+Ragazine+and+Vitalik+and+Co,+seem+to+paint+this+as+if+he%22&complete=0
jborkl: http://www.woodlaw.com/sites/default/files/casedocs/2014-04-04%20Complaint.pdf
Mats_cd03: oops, i didnt take 1% from that number
kakobrekla: anyway, Mats_cd03 , just sum all the confirmed bets on the open bets and take out 1% and thats that
ThickAsThieves: "Better yet: if the Bitcoin community managed to change the protocol to increase the rate that miners can “unlock” new coins… Bitcoin might have a built-in incentive to both adopt the currency and report taxable earnings. Let’s say that we accepted an inflationary Bitcoin, much like we have an inflationary dollar, around 2 or 3% annualized. At the end of the year, a consistently
bitcoinpete: namworld 100%. my guess is that people tolerate it because it places them close to their community, including family and social services
mike_c: step 1) turn off 70% of revenue. step 2) stock goes up 20%.
ozbot: 6.120 billion | Next Diff in 1697 blocks | Estimated Change: 2.9780% in 11d 10h 20m 40s
mircea_popescu: see, the fact that i made the fu berkshire bet and the fact i pay about 2.85% a year on average are related.
decimation: this whole "the ceo should get 1% of the business" deal is something that happened in the 80's with the increasing bezzle
decimation: except, old republicans would point out that the managers used to not consider themselves worth of % of total business money
mircea_popescu: there's two kinds of money see ? money-%, like btc. that's the money used by the people who allocate resources. ☟︎
mircea_popescu: yes, this is true. but they are not managers, they're not the sort of people who play the resource allocation game. thus they have no business handling money as a % of total supply.
decimation: http://en.wikipedia.org/wiki/Prince_George%27s_County_Public_Schools "Budget: US$1.6 Billion"
tg2: there needs to be some recourse for home owners that get "reevaluated" at 10% more when their house has not inreased in value
asciilifeform: moiety: in the u.s. (no idea about elsewhere) - they have 'special' credit offers for the freshly bankrupt. with 40% interest, etc.
mircea_popescu: http://upload.wikimedia.org/wikipedia/commons/1/1b/Miles_Glacier_Bridge%2C_damage_and_kludge%2C_1984.jpg
jborkl: Taki s haircut makes bitcoin drop 10% in value
MisterE: I dunno why it looks like lead underneath, it says right on the bar 99.9% fine
ThickAsThieves: admittedly this hostility came after I linked her to https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CCoQFjAA&url=http%3A%2F%2Fwww.wikihow.com%2FUse-There%2C-Their-and-They%27re&ei=E8ZAU76RAY-wsAT4hYHYAw&usg=AFQjCNFUDz_wqUzyiVCDFekwBoaqO20NWQ&sig2=0XULb0AYQMcseS7VzgO9Rg&bvm=bv.64125504,d.cWc
ozbot: 6.120 billion | Next Diff in 1926 blocks | Estimated Change: 7.3495% in 12d 8h 35m 10s
mircea_popescu: holy hell 20% ? we're at 6bn ?!
punkman: found the most delicious sheep's milk today, non-homogenized, 6% fat, and doesn't smell like sheep ass
gribble: mike_c was last seen in #bitcoin-assets 16 hours, 14 minutes, and 6 seconds ago: <mike_c> looks like neobeeq has settled in at a 93% drop from suspended price. another win for havelock.
gribble: mike_c was last seen in #bitcoin-assets 16 hours, 10 minutes, and 27 seconds ago: <mike_c> looks like neobeeq has settled in at a 93% drop from suspended price. another win for havelock.
ozbot: 6.120 billion | Next Diff in 2007 blocks | Estimated Change: -17.8582% in 16d 10h 12m 45s
mircea_popescu: 5 Year Return %:-98.72%
mircea_popescu: 3 Year Return %:-410.81%
mircea_popescu: 1 Year Return %:-72.97%
mircea_popescu: that means they reflected 60% of the movement in their industry, the other direction.
mircea_popescu: makes no diff. weighted alpha -60%
ozbot: 5.007 billion | Next Diff in 1 blocks | Estimated Change: 22.3402% in -1d 23h 53m 9s
mike_c: looks like neobeeq has settled in at a 93% drop from suspended price. another win for havelock.
mike_c: February was JD's lowest ever monthly wagered volume. Until March when it dropped another 40%.
tg2: teen birth rates drop 5.9% because of "16 and pregnant" lol
mircea_popescu: so if he left with as much as 50 btc, spending that to buy shares for 1% of par may seem to him a good use of funds
psterryl: that over 1mil% profit
jborkl: ah i see, so only a 99%, not bad not bad
nubbins`: my guess is no more than 25%
Namworld: I mean by the time the whole event is over he'd be maybe 25-50% of the way through?
ozbot: 5.007 billion | Next Diff in 115 blocks | Estimated Change: 21.5596% in 0d 14h 58m 37s
dexX7: fyi: ukyo's claim portal is open again.. i was able to get my 6 %
cazalla: not near the % of any other demographic
mircea_popescu: http://upload.wikimedia.org/wikipedia/commons/1/1b/Miles_Glacier_Bridge%2C_damage_and_kludge%2C_1984.jpg
mircea_popescu: soo apparently teh sa crowd hangs out on mibbit. http://client00.chat.mibbit.com/?server=irc.synirc.net&channel=%23buttcoin
asciilifeform: 99% of the maths anybody uses now, too.
dexx: what i meant was something like.. say there are 10 people each with 100 btc each.. all coins are sent to a 5-of-10 multisig address. with >= 50 % consensus a business decision is sealed. << for the sake of an example
mircea_popescu: pLambert bitbet charges 1% of the pool, and puts .1 btc on the new bets.
mircea_popescu: you probably wrote your thing in a notepad then pasted it in and submitted. that's 90% of what makes legitimate folks get called inhuman.
asciilifeform: where 99% of the accused plead guilty to some largely-fictional charge
mircea_popescu: ahead by 35%
nubbins`: https://www.google.ca/maps/place/Sobeys/@47.567024,-52.716654,2a,90y,90t/data=!3m5!1e2!3m3!1shttps:%2F%2Flh3.googleusercontent.com%2F-ybKcOwZQd1I%2FUlP3czrACGI%2FAAAAAAAAAio%2Fn56IgQQyHPQ%2Fs203%2F2013-10-08!2e4!3e12!4m2!3m1!1s0x0:0xdc3cfa9c288b7d43!6m1!1e1
pankkake: stores I go to had like 0.03% savings, now it's 5%
gribble: Siberian pipeline sabotage - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Siberian_pipeline_sabotage>; Urengoy–Pomary–Uzhgorod pipeline ( 1983 ) - Wikipedia: <http://en.wikipedia.org/wiki/Urengoy%E2%80%93Pomary%E2%80%93Uzhgorod_pipeline>; Update: Agent Farewell and the Siberian Pipeline Explosion ...: <http://nsarchive.wordpress.com/2013/04/26/agent- (1 more message)
mircea_popescu: in exactly the same way, it's not your job to "verify" that the miners don't 51%