16200+ entries in 1.413s
Namworld: Probably someone going holy fucking shit @&*
$@* dumb me fuckin @
$@#...
dub: Bugpowder: probably like a dude that hat
$200k to lose, indiferent
Bugpowder: seriously though... How does the dude that just lost
$200,000 on Satoshi Dice today feel right now.
thestringpuller: "To invest in the operator and bet on the house, SatoshiDice shares are traded on the MPEx bitcoin stock exchange under ticker symbol S.DICE (see August 19th, 2012 Prospectus). At the current exchange rate of
$17.00 per BTC, SatoshiDice is a company valued at
$8.9 million."
mircea_popescu: Operating expenses were minimal in 2012 and the company also paid monthly bitcoin dividends to ‘public’ shareholders which represent 10% of the total 100,000,000 outstanding shares. To invest in the operator and bet on the house, SatoshiDice shares are traded on the MPEx bitcoin stock exchange under ticker symbol S.DICE (see August 19th, 2012 Prospectus). At the current exchange rate of
$17.00 per BTC, SatoshiDice
Bugpowder: I started paying attention to btc when it hit
$7 the first time
Bugpowder: where is the other
$45k / mo going?
Bugpowder: They say their server costs are
$5,000 / mo
Bugpowder: How much of their
$50,000 / month operating costs is salaries to the owner
mircea_popescu: R Company Sales/mth
$ Profit/yr BTC Profit/yr Industry link
Korbman: Wait..what? I looked just the other day and it was
$15.70...now you're trying to tell me we're reaching
$17?
dub: sell down to
$10 nao
error4733: mircea_popescu : u think
$100 can be possible until the end of the year ?
Diablo-D3: but a 50/50 chance of
$28 or higher becoming the new norm
Diablo-D3: because we'll likely see a
$28 high
Diablo-D3: mircea_popescu: well, I'd like to see us at
$100 perm
Diablo-D3: I dont want to see another
$30 spike and crash
error4733: if SD up to 0.006 and btc hit 15
$ i almost double my invest in 2 weeks
Bugpowder: dunno if
$73 is enough to mail my ID somewhere
dub: one spectacular project failure in recent years resulted in a
$50m writeoff
mod6: i feel like it really wants to break out here... im a cash buyer for sure at
$10, but i've been really wanting to grab some more quick before it hits 20
Schadenfreude:
$140k? but I like my pizza without gold and diamonds
mircea_popescu: "Henderson Brothers, Inc., the specialist in our shares, is the oldest continuing specialist firm on the Exchange; its progenitor, William Thomas Henderson, bought his seat for
$500 on September 8, 1861."
mircea_popescu: "Late in 1993 I sold 10 million shares of Cap Cities at
$63; at year-end 1994, the price was
$85 1/4. (The difference is
$222.5 million for those of you who wish to avoid the pain of calculating the damage yourself.) When we purchased the stock at
$17.25 in 1986, I told you that I had previously sold our Cap Cities holdings at
$4.30 per share during 1978-80, and added that I was at a loss to explain my earlier behavior
Korbman: that's why you buy both times...buying now at
$14.20, then again at
$14 would give you an average of
$14.10 ...if it goes above that you make a profit
Schadenfreude: Is it likely for the the BTC price to fall in the next two weeks? Not much, but to about
$13
kakobrekla: final installation w power w cooling w/o case is extra 2
$ per W
kakobrekla: >>physical verification (i.e. I give to physical verification engineer design + test vectors) - is about
$30k and 1 month delay - but that dramatically reduces failure chances.
kakobrekla: >>the difference is pretty high and so risks of failure - 150nm -
$80k, 130nm -
$200k, 90nm -
$400k, 65nm -
$800k - to get sample round. but with 90nm - it is 120 TH/s just in single engineering shot.
Bugpowder: I just keep seeing my bitcoin investments increasing exponentially in
$ terms
Bugpowder: mircea_popescu If my thing works, it will probably be acquired before it can go public. Think mint.com. 3 years after it was founded, Intuit bought it for
$170MM
Bugpowder: mircea_popescu, if your exchange has the capital to support a
$1BB market cap, then we can talk
jcpham:
$100 goes a long way on amazon
Bugpowder: Unless I somehow acquire >
$200,000 worth of coins, then I will take a little off the table
jurov: just yest i sold a chunk on bitstamp... for
$13.50 :/
Korbman: happy to see we're breaking the
$14 mark...haven't done that in a while
jcpham: it was less than
$14 yesterday
Supa: WTS ASUS M4A87TD/USB3 + Athlon II X3 445 + 8 GB RAM + 320 GB HD + EXTRAS for
$200 on PayPal or 14 Bitcoins or 2500 Litecoins
mod6: I'm neary back on my feet, but the amt of
$ is small, and it hardly covers the rising costs of shit.
mod6: but.. in the mean time, I still gotta generate worthless
$$ so I can pay the rent and the power and the internet
JohnGalt: 3-9
$ transactions would work fine for small takeaway or coffee shops
Namworld: For which transaction fees would be too large for 1-5
$ transactions.
Namworld: That bottle of Coke that costs 10 cent to make is not profitable to sell under 1
$ and Coke doesn't earn any revenue.
Bugpowder: It had
$230,000 in profit last month
Namworld: People seem to bet just as much BTC when it's 1
$ per BTC or if it's 20
$ per BTC
kakobrekla: to bet "Yes" on "Bitcoin below 13.00
$ before January 15th, 2013 ".
Namworld: 228
$ per year, less 50
$ for yearly updates, 178
$ saved each year.
Namworld: yes, 324
$ owned instead of monthly. You still pay 50
$ per year for updates.
Namworld: We'd have ~300
$ more profit if we didn't buy a WHMCS owned license.
Bugpowder: I have a friend that is finally ready to buy some coins
$5k worth. What's the best way right now? I used Tangible Cryptography in the past, and was great. Not sure if he will accept new clients right now though.
Namjies: Well the WHMCS owned license won't be there next months. 325
$. We won't have to pay 19
$ monthly for it now.
Namjies: We had a 324
$ fee which won't be there next months. Otherwise there would have been more.
topace: well, for
$139 someone should risk it and find out :p
jcpham: 5.2GH/s at 70w at
$139 makes zero sense
gladoscc: I have a feeling it'd cost more time to process payments for
$1.
Graet: ooh nice - he has aussie
$20 ijn front - propably coz its worth more than a usd :P
Ukto: "Silk Road, which processes an estimated
$1.2 million a month in sales of illegal drugs"
Ukto: they would need at least 30tons of HVAC tho... figure around
$35k if using chilled water units...
$100k+ for condensor systems
Bugpowder: Apparently (pre-seals) he got people to stake him
$220,000 for a series of about 50 tourneys. After a few tourneys, he started gambling on the side with the money
Bugpowder: "In 2012, the Global Casinos and Online Gambling industry is expected to generate revenue of
$126.6 billion"
Bugpowder: and maybe they really will go >
$100 someday
gigavps: would cost a whole boat load of
$$$$ Diablo-D3: thestringpuller: I could be renting racks out for
$20-30k a month. It would not cost even a fraction of that to maintain them.
Diablo-D3: I mean, why the fuck steal a few thousand dollars when you can have them throw
$20m at you every year
gigavps: i'm down about
$25k so far for glbse closing
gigavps: it's higher than at the
$29 peak
JWU_42: and saw they are rebuying (or he) fpga stuff at
$.20 on the dollar
dub: I want my
$10 xmas bitcoins goddamit
Bugpowder: then they dropped about
$20 a day for three days in a row
Bugpowder: was down to
$500 in front month puts in RIMM
Bugpowder: There is a new project that is going to do much more advanced probes with a
$5M budget