16200+ entries in 1.3s
Ogedei_: its up 370
% but your roi if you bought at 0.001 and sold now would 270
% no?
Ogedei_: so the stock is up 370
% then
Ogedei_: gecko_gs2: arnt lc up 380
% now
gecko_x2: well actm is up 100
% and lc is up some 250
% gecko_x2: but even 33
% divs is 3 years, which is forever in bitcoin land
ozbot: 65750060.14908 | Next Diff in 1071 blocks | Estimated Change: 18.4094
% in 6d 1h 30m 21s
ThickAsThieves: if they do all this, and mine 49
%, what about tha halving
pankkake: the only way Intel would try to 51
% attack the bitcoin network is by being forced to do it. it means a lot of lost money on other projects for no gain
fractal: understand what? I just said Intel could own 50
% hashrate fairly easily
ThickAsThieves: fractial, why isn't someone 51
%ing the chain right now?
dub: are we forgetting the reason nobody wants to get 50
% of the network?
mircea_popescu: fractal do the math. what'd it take intel to 50
% the network right now ?
fractal: jborkl: no, just saying it would be better if no single entity could have an easy time manufacuring chips that could attack the network..... i.e. its easy for Intel to make 1Th/sec chips and own 50
% right away.... but its hard for a signle entitity to buy and setup 250,000 computers mining in a warehouse to own 50
% right away
fractal: gmaxwell said that a tough PoW algo that used all aspects of a general-purpose computer could still probably be sped up by up around 20
% on custom hardware --- but that isn't much of a margin to make it worth it until the market cap and mining reward are very high
ozbot: 65750060.14908 | Next Diff in 1114 blocks | Estimated Change: 18.5786
% in 6d 7h 3m 0s
mircea_popescu: basically there's a 1-200 people that matter, holding like 90
% of all coins. there's ~10k people with modest holdings, doing another 9
% fractal: ThickAsThieves: worldwide? you're 0.000001
% rich in 2050
ThickAsThieves: re labcoiners hating mp "I agree 100
%. Right after his little post I thought "wow, didn't he show this same distaste towards asicminer at one point?" This was the biggest signal for me, and I bought up a shitload.. "
Rulother: There's a service out there, that will do the trading for you with a small
% per transaction. Forgot the name :P
fractal: nice... you must have done well... they need a few more whales to play to get the profit up to 1
% tho... can't belive 1 guy took them for 4000BTC
Anduck: the customer promises _are_ met 100
% pankkake: "I think people are missing the significance of a 50
% div payout. Most people will reinvest it into ACtM and that will give the share price much needed buying pressure and stabilise the stock at a reasonable level.
pankkake: so housing and investment >+10
% yet the rest is much lower. totally not a bubble
ozbot: BBC News - US economic growth revised upwards to 2.5
% mircea_popescu: cause you could return them untouched after the convention for 100
% money back ?
ozbot: 65750060.14908 | Next Diff in 1161 blocks | Estimated Change: 17.4921
% in 6d 15h 37m 13s
jorash: Hi, I am selling shares in a company (
http://noospheer.org ) developing efficient quantum emulation software that will theoretically outperform traditional mining software. 1BTC purchases 0.01
% class A shares, selling up to 20
% of total equity. Projected ROI ~20x to ~500x depending on quantum search algorithm implemented (Grover's in the former case , Gross-Pitaevskii [
http://arxiv. Diablo-D3: 500
% is a common way of writing scams
parseval: A group of developers could pool together the licensing fee and develop the game with provably fair methods at a 5
% house advantage, then crowdsource the betting pool ala just-dice, keeping 2
% for themselves for management and maintenance
parseval: Developer licenses for the platform are only $100/year, and they let you use their servers to host it if you let them keep 30
% of revenues, or you can pay $70k for licensing and put it on your own servers
mircea_popescu: the move from ~4 to 3.5 was a good 15
% sliced offa there.
ozbot: 65750060.14908 | Next Diff in 1371 blocks | Estimated Change: 13.0049
% in 8d 6h 24m 15s
dexX7: 51
% is the absolutely worst case, but the double spending problem is fluent. if you didn't read it already, i highly recomment to do so:
https://bitcoil.co.il/Doublespend.pdf - it's not about "does one have enough hashing power" but "would it be ev+ with the current hashing power to try a double spend"
gecko_x2: but then there is the 51
% problem
gecko_x2: will all the asic miners collectively be able to add 50
% a month?
jurov: mre like 100
% each month
ThickAsThieves: and they will add 50
% more hashing each month to keep up?
ThickAsThieves: the
% of the network AM can maintain, the projected hw they will sell, and the franchising effort
gecko_x2: 4TH / 0.0036 = about 32
% annual dividends
ozbot: 65750060.14908 | Next Diff in 1455 blocks | Estimated Change: 12.6393
% in 8d 19h 50m 2s
ozbot: 65750060.14908 | Next Diff in 1479 blocks | Estimated Change: 12.6101
% in 8d 22h 54m 39s
ozbot: 65750060.14908 | Next Diff in 1479 blocks | Estimated Change: 12.6101
% in 8d 22h 57m 33s
fractal: if US Gov was smart, they'd create an alt-chain, announce USCoin as official legal tender (obviously after mining 50
% and holding them in treasury. ) It would quickly surpass BTC as crypto of choice of the general public, and hit $100B market cap pretty fast. Once other governments catch on, it will be too late, and the US will hold 50
% of the worlds cyrpto resserve currency. State-backed blockchains are a sure thing in 5,1
fractal: With the amount of mining companies entering the market in the next 12 months, AM won't hold more then 10
%. i'm a buyer at 0.01
ozbot: 65750060.14908 | Next Diff in 1569 blocks | Estimated Change: 10.6458
% in 9d 17h 38m 14s
dexX7: he holds 90
% of ltc-global anyway afaik
mod6: btc-e (USD) is up 3.04
% on the 24hr interval also.
mod6: well, bitstamp is up 3.22
% on the 24hr interval today. gox is up 4.63
% on the 24hr interval.
ThickAsThieves: And honestly, as much as I liked the whole AM experience, I believe it was unprofessional from the ground up. AM has a big advantage by being the first in the business, but thinking it's impossible that we can reach 10
% or more of what they got is probably underestimating LC's abilities.
ThickAsThieves: "And I believe we will go over the value of 10
% of AM, because hell, why not? If everything plays out as planned, we got way better chips.
ThickAsThieves: "LC has 25x more shares, so if AM is valued at 3 BTC/share, that would put an equally big LC @ 0.12 BTC/share. If we reach just 10
% of that: 0.012 BTC/share. I think comparisons like this are the best estimates you can make with this stock, because both AM and LC use the exact same business model."
ozbot: 65750060.14908 | Next Diff in 1653 blocks | Estimated Change: 10.5881
% in 10d 6h 14m 25s
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% in 10d 16h 6m 47s
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% in 11d 0h 21m 59s
ozbot: 65750060.14908 | Next Diff in 1739 blocks | Estimated Change: 7.8450
% in 11d 3h 3m 3s
ozbot: 65750060.14908 | Next Diff in 1777 blocks | Estimated Change: 7.3361
% in 11d 10h 24m 57s
ozbot: What I Learned Today » How To Sell Bitcoin on eBay for 300
% Profit
ozbot: 65750060.14908 | Next Diff in 1921 blocks | Estimated Change: 1.9569
% in 13d 1h 44m 31s
ozbot: 65750060.14908 | Next Diff in 1950 blocks | Estimated Change: 7.8196
% in 12d 11h 31m 47s
qxzn: so is it saying the 30-day average dips below 50
%?
qxzn: what if it dips below 50
% then back up?
ozbot: BitBet - Mt. Gox to have < 50
% trade volume before September
mircea_popescu: no dude, everything someone says on the internet is 100
% legit.
ozbot: 65750060.14908 | Next Diff in 1978 blocks | Estimated Change: 26.4349
% in 10d 2h 27m 51s
ystarnaud: if 75
% of miners dropped off right now, the network would be sooo slow until next diff update