log☇︎
16259 entries in 1.362s
mircea_popescu: because srsly... $.$
evoorhees: John - thus far, when price rose from the $5's to the $10s and higher, SD volume actually grew nominally in BTC
evoorhees: a world where btc is $1000 each is a world where the bitcoin economy is booming, tons of money flowing around
JohnSmith777: evoorhees: Could a price of say $1000 a Bitcoin do damage to your IPO?
usagi: Dunno, how much $ is your company worth?
usagi: Yes you can, you are making lots of $ so you disagree
rg: you just like them cause they gave you $40k
rg: not all pools make $1000/day
Diablo-D3: EmanuelDeOrtego: so .... if the price ever drops to $1, you buy back the shares but until then it... does nothing?
EmanuelDeOrtego: After April 2012, if Bitcoin is traded at a USD price equal or greater to the NYMEX* USD price of one (1) troy ounce of Gold on Mt.Gox* before the first time Bitcoin is traded on Mt. Gox at a price of at most $1 USD, this bond will be bought back for .0001 Bitcoins.
mircea_popescu: so buy a genius ione for $4
Diablo-D3: there was one for sale for $10 usually $60
EmanuelDeOrtego: All I want is an approved IPO I paid $80 for
usagi: I just tested litecoin send and recieve -- it works. BINGO!@ F(*(^%$ BINGO ! hahaha
rg: normally.. if my error cause someone to lost $500
Jackmani_: easiest $6 i ever made
Luceo: Lucidize: I'll give you $9 mtgox per YARR if you want out
rg: just $500 cheaper
rg: $999 w/ 24 x 2TB 7.2k Enterprise, Usable Space: Raid5 42.8TB, Raid10 24TB
rg: [james@elephant ~]$ ssh -v root@chi.vm.bitvps.com
rg: it costs $600
MoneyIsDebt: I think he'll pay if btc price falls to $5 usd
Obsi: Doing the math on expected network hashrate with people claiming they can produce ASICs at <$1 Ghash doesn't make expansion seem very profitable until the prices drop considerably
rg: lol here i am ordering an $18 lunch
EmanuelDeOrtego: $50,000 for the near future
rg: they probably get like $400
rg: its not more than $159
rg: its not $140 ven
rg: $140 for an E3 with 16GB ram is overpriced?
kakobreklaa: i cant justify speding 5$ for a new domain
EmanuelDeOrtego: The forum couldn't even be sold for $200,000
rg: like $650/wk
mircea_popescu: The articles are at $10 per page of 500 words
mircea_popescu: sorry $customer
dub: 'sorry $customer, you purchased a VPS which infers that you require the ability to manage a server on your own'
Azelphur: Diablo-D3: I rent a very similar setup in Internap NYC for $250/mo, if that's of any use to you
EmanuelDeOrtego: At this rate, we're headed back to $10. So, Meni should buy them back soon.
EmanuelDeOrtego: Every POLY.10.1 bond has a face value of (X/10) BTC, where $X USD is the last price at which BTC was traded on Mt. Gox.
EmanuelDeOrtego: Earlier. They had at least $500k in revenue this month.
MadSweeney: if I had bought that P100T option, I've hedged the 100 btc I purchased @ $12 last week
rg: once it hits $5, lots of people will be buying
rg: im thinking the floor is $5
gabbynot: second bubble taking us to $2 would do serious damage to BTC's image
gabbynot: a flood of BTC will hit the markets this week assuming pirate pays everyone. We'll see $5 soon
mircea_popescu: not even during the great $30 crash did it go this fast.
EskimoBob: "DiabloD3 | what do I do with the other several dozen racks other than rent them out for $20k/mo" and what was the price I quoted for you DiabloD3 ?
DiabloD3: what do I do with the other several dozen racks other than rent them out for $20k/mo
DiabloD3: if we're going to go down to $5 again and stay there
EmanuelDeOrtego: "It won't end just like that. In summer of 2013 the price will rally all the way back up to $7.50 or so and then crash. In 2014 the price will rally all the way back to $3.75 and then crash. 2015 will see a strong rally back to $1.87 followed by a crash and a healthy 2016 rally back to $0.93."
EmanuelDeOrtego: He didn't have to buy my bonds at face value when BTC was at $15
EmanuelDeOrtego: It may be a stability of $1 a Bitcoin
farfi: Most merchants convert to $ on the spot
EmanuelDeOrtego: We were enjoying double digits. He couldn't even keep us over $10.
mircea_popescu: should raise about $85.
Luceo: Yes, because I'm the one struggling to 'raise' $12,000?
BTC-Mining: I wanted to get all my BTC out to sell them at 15$... couldn't make it
kakobrekla: well the breaking of 10$ is what worries me
BTC-Mining: We've only got about $24000 so far
BTC-Mining: It's costy, there's for about 100 000$ in IPO
BTC-Mining: The way to have done it would have been to put a humongous ask wall of 400k BTC at 10$
EmanuelDeOrtego: It will stabilize to $10 on Monday
DiabloD3: so if it flash crashes the whole way from $15 to $5, people are going to sell THEN google for "bitcoin illegal fbi"
dust-otc: but if the price crashes to $5, I will check the news before I panic to $1
EmanuelDeOrtego: Hence why we are headed back to $10
dust-otc: if the price crashes to $5 and it isn't due to some sort of illegality
dust-otc: when someone sells down to $5
dust-otc: how does price go from $5 to $1
DiabloD3: then you buy from $1 up to $5
DiabloD3: you sell from $15 the whole way down to $5
EmanuelDeOrtego: That can take the market to $1
EmanuelDeOrtego: Why did he close down at the $15 mark?
EmanuelDeOrtego: Yep, Pirate wants it at $8
EmanuelDeOrtego: He has 20,000 Bitcoins to go through before he can buy in at his preferred $8 price
EskimoBob: lol @ "I would like an option to buy 2100 Bitcoins for $100 each on December, 2013"
EmanuelDeOrtego: We're going to $1
EmanuelDeOrtego: After he crashes the market to $8
Diablo-D3: I dont have $150k laying around
agath: and $1500K for 45nm
agath: $150K
agath: sorry I was meaning $150000
agath: and $150 for 130nm process is true ......
mircea_popescu: $150 ? I don't think so.
agath: investments run from $150 to $1500000 depending on which technology will you use: 130nm down to 45nm
EmanuelDeOrtego: 30k at $10 and above that is
EmanuelDeOrtego: We're only 8 Bitcoins away from $13 again
mircea_popescu: prepare for $20
mircea_popescu: wouldn't surprise me if we end up with $1bn dumped in.
sgornick_: So when O.BTCUSD.C140T shows n/a for Last means not a single $14 CALL option was bought? Seems unlikely nobody wanted to.
dub: $17?
Ignatius-otc: they self squat for very long periods of time,so that they can then sell the domain back to the true owner for around $100 USD. As for auto-renew before or after expiration, afaik it happens before the actual expiration date.
dub: spending >$88k on cabling alone
Diablo-D3: although I should have just went with $250k
dub: Diablo-D3: my project budget has more than half your budget (over $85k) just for contingency
Diablo-D3: like I said, the $150k estimate may have been wrong
dub: to cable out fibre and power is ~$88k
dub: Diablo-D3: I'm installing ~$1m worth of gear in two racks in different DC's at the moment
Diablo-D3: thats $1m all said and done
mircea_popescu: Other products by Output Type: AC Three Phase FOB Price: US $ 2,000 - 12,000 / Set
Diablo-D3: Im seriously considering upping that to $250k
Diablo-D3: re $150k