log☇︎
13800+ entries in 1.431s
ozbot: Gox | Buy: $109.00 Sell: $109.00 Last: $109.00 High: $111.44 Low: $107.51
ThickAsThieves: everywhere else is like $5+ lower
ozbot: Starting with almost nothing, I made almost $500,000 gambling with Bitcoin. I then lost it all in ab
ozbot: At 1000 MH/s, you should earn 0.02600483 BTC/day ($2.84) on average (0.00108353 BTC/hr)
ozbot: At 1 MH/s, you should earn 0.00002600 BTC/day ($0.00) on average (0.00000108 BTC/hr)
ozbot: Gox | Buy: $109.50 Sell: $109.99 Last: $109.99 High: $115.01 Low: $107.57
topace: just dont do multiple $5000 deposits
ThickAsThieves: so $5000 deposits from now on
ozbot: BTC-e | Buy: $2.64 Sell: $2.62 Last: $2.62 High: $2.65 Low: $2.15
ozbot: Gox | Buy: $109.26 Sell: $109.98 Last: $109.26 High: $115.01 Low: $107.62
ThickAsThieves: he owes me like $3400 too
dub: this Xian01 guy is 100$ retarded
furuknap: If you can at most get 10K BTC at $10, you won't invest that.
furuknap: They don't, but those that get BTC will pay in $ so the exchange rate matters to the extent that it affects whether someone will invest the $200 million required to keep the current hash rate growth up until February 2014.
furuknap: mp, dollars will have an effect because mining equipment and expenses are still denominated in $. If BTC/$ drops to 10$ then less mining will happen reducing difficulty increasing profits.
jborkl_: even with a block of 15 at $225
jcpham: we'll be at 0$ or over 9000 by then
ThickAsThieves: $1000+ error
peterl: And defining what is income can be difficult as well. Shouldn't we be able to subtract our time we put in from our salary to compute income? So my time is worth 20 $ an hour, and that is what I get paid, so my income should be 0?
peterl: if you use the btc to buy a $100 dollar watch, then the government sees that as 100 - (whatever you bought the btc for) worth of income
peterl: Sounds easy enough to me. Each week you cash out some bitcoin, write in a spreadsheet "10 btc @ 107.2 = $1072.00" and then add them up at the end of the year
Diablo-D3: you write down $107.20
Diablo-D3: and how the first $500 is defined requires a CPA.
Diablo-D3: now, depending on how you interpret the IRS rules, you only need to pay taxes after the first $500
Diablo-D3: if you buy 1 BTC at $20, and then trade it for a $30 gift card, you STILL owe taxes on the $10 difference.
Diablo-D3: you bought at $x and sold at $x?
Diablo-D3: on that $20
Diablo-D3: or $10 to $30, you owe on that $30
Diablo-D3: you owe taxes on that $10
Diablo-D3: lets say you buy btc at $10 then sell at $20
jurov: who actually touches $$
dub: they cost like $20
dub: I like how he has all that gear sitting on a $10 racking system
jurov: https://campaign.soylent.me/soylent-free-your-body lmao >600k$ raised
Chaang-Noi: 1 th of in hand bfl units worth $250,000?
[\]: you've got $500M
[\]: valued at $100/coin
[\]: you've got at least $500M by now
copumpkin: when each bitcoin is $1M
[\]: oh, $200M
copumpkin: it's $200m
[\]: $100k?
jborkl: Like they need your SSN to pay you $7
Chaaang-Noi: <Neil> Erik fucked that up. I think he just needs to eat it. agree, i think he was like meh, 6,000 btc i sold it in the ipo.. then he was like $500,000 it was a loan!!!!!]
dub: Generally speaking, the ease with which money is created almost defies logic. When you loan $100,000 from a bank, the bank simply types this amount into their computer and BOOM money is created.
mircea_popescu: Woman charged with smuggling $57K in cash stuffed in her and her daughter's bra.
dub: $700 devastating loss
Neil: Though I decided to blow a lot of $ and time and go to porcfest next wk.
Neil: $600 for a forum account isn't bad.
Neil: If BTC ever gets to $1k or $5k, and those remain unstolen, I think it's pretty convincing proof that ECDSA hasn't been cracked by any intelligence agency.
Neil: I wonder if $100m is stealable money is incentivizing anyone to try and crack ECDSA (the old coinbases are stealable, as are addresses with non-zero balance that have been spent from at least once).
dub: you're going to have a $1mn free crack party?
jborkl: something with a market cap of $2 grand does not count
jcpham: it costs $6800
jurov: $avg
ericmuyser: d: this is what I meant - is those crazy sellers for $5k with prepayment and without guarantees"
ericmuyser: Chaaaang-Noi: the average wage is $200/month where?
Chaaaang-Noi: keep in mind the average wage is $200 a month so a $5 ticket means fuck all to you but massive to them
error4734: this is so smart ! when you live with 100$ sometimes you have no choose !
PsychoticBoy: Ive been to thailand once, cost me lots of $$$ for fines on the mopet
Chaaaang-Noi: i some how made $7,000 and i dont know how. i think i fail at maths
Chaaaang-Noi: i bought 100$k usd worth of ltc today
Namworld: We can remove negative feedback (delete it) for just $99.99.
furuknap: Interesting factoid of the day.The $-sign is largely believed to be a merger between P and s that initially stood for Pounds (as in British pounds).
error4734: ;;eightball less than 100$ ?
ericmuyser: $3-4 beef bowl
ericmuyser: $8 steak lunch, salad, and soup
furuknap: Heck, we even pay women to fuck here, as long as they get pregnant after a while. It's silly, really. they get tens of thousands of US$ to have a kid. Who the fuck can afford such ridiculousness?
inhies: and i bought 1 at $100
inhies: Diablo-D3: yea, i'll give you $16 each
Chaaaang-Noi: and also the $5 stability sucked ass
zebedee_: So the current plan is get job; get 5 year visa; get permanent residence; work a bit more to keep a +ve bank a/c, then resign and party when BTC hits $1k
Chaaaang-Noi: i can only do $1,000 a day...
optimator: "$11,300 below Kelley Blue Book"
Chaaaang-Noi: $65,900
optimator: I think that's a $50 or $100 parking job :)
Diablo-D3: base model price of $30k
Diablo-D3: the base model of the roadster was like $125k
KRS-: Diablo: I did not know that, seems to tell me that the Tesla is the best of both worlds then. I often see them where I work in Boca Raton, Florida. Its not uncommon to see a $6-figure car wherever you go.
Diablo-D3: its not like putting down $2.1m for a veyron
Chaaaang-Noi: i dont, but its only $2,500 more
jborkl: yeah I think low 70k , after ttl $75
jborkl: umm $75
Chaaaang-Noi: they are only like $55k new
Chaaaang-Noi: i looked, tehy are like $45,000 and all 10 years old
Chaaaang-Noi: had $800 from 2011 in it still i forgot about
Chaaaang-Noi: anyone want to buy $50,000 to $100,000 btc?
zebedee_: jurov: So you're mining and want to make some $$$ if difficulty keeps going up a lot?
KRS-1: i tried one of those for four days and they sent me a bill for $60 bucks..when I complained they apologized saying their metrics were bugged and that I'd get a refund..it never came.
kakobrekla: ofc it ait fixed cause it brings them more $
furuknap: In other words, from that money, I now sit on ~3.60 worth per share. I would have 'lost' 0.9 per AM share, which is 27 BTC, which is far more than $3000. So, you logic stinks.
ThickAsThieves: you wouldve made $3000
ThickAsThieves: $3000
jurov: $avg
Chaaang-Noi: btw found out the bank account is insured to 1,000,000 baht for like $33k usd
Chaaang-Noi: AM just paid a weekly div of $1,830,720
lippoper: damn $15
Chaaang-Noi: $15
ThickAsThieves: [09:43] <Keltic> $14810.8 (71BTC mined and 50BTC donation)
ThickAsThieves: [09:43] <Keltic> $15k aint bad