2500+ entries in 0.114s
mjr_: that is why buying the mining company makes more sense for a large player
mjr_: similar to buying calls, rather than buying the underlying
mjr_: without moving price
mjr_: you can invest in mining to back into position
mjr_: could have been trying to lower mining share prices
mjr_: but yeah, things like that are always possible
mjr_: i don't think the price really moved much though
mjr_: so that was completely false
mjr_: just saying they seem to know the details about what they are trying to pump, which is better than most attempts, and they seem to have access to a higher class of media to disseminate their info
mjr_: so it could simply be a pump attempt
mjr_: AND they didn't have a quote from Yifu
mjr_: which they never mention
mjr_: the company name is BitSynCom
mjr_: definitely not place that on the same level of news as a wall street journal "rumor", which mentions details that seem to match up with what we know to be true]\
mjr_: until there was an official announcement
mjr_: so i would not give that credence
mjr_: just a post on a random dude's website
mjr_: there was 0 news from thai officials
mjr_: and i told everyone, the day of the thailand news, that it was silly
mjr_: except they both have the word avalon in them
mjr_: but these two articles are not talking about the same thing at all
mjr_: someone could have duped the wall street journal
mjr_: i'm saying, the article mentioned was specifically talking about asics, and yifu
mjr_: jurov, interesting, but not a coincidence?
mjr_: i think its because of the fact that avalon actually came in reasonably on time
mjr_: but declined to invest in those
mjr_: they looked at bfl, knc and others
mjr_: well...per the article
mjr_: and work was being done on gen 3
mjr_: last time i talked to yifu, he said that gen 2 chips were already done
mjr_: not sure about that
mjr_: but it could be the beginning of larger players seeking to stake their claim
mjr_: is an insane number
mjr_: at least 1 billion (number of coins X current price)
mjr_: thought it was 1 billion
mjr_: i mean like price going to $200 bullish
mjr_: so i doubt its another avalon
mjr_: it also mentioned yifu by name
mjr_: so i gave it a little more credence
mjr_: not on a random site
mjr_: it was in wall street journal
mjr_: i mean, actually mind boggling
mjr_: did you hear the news about avalon?
mjr_: the convertibility is novel (not convertible bonds but application towards future IPO's)
mjr_: yeah xbond looks very nice
mjr_: just curious what you made of that article
mjr_: Chaang-Noi: so bitcoins are illegal in thailand now?
mjr_: very nice! rally in the early morning :)
mjr_: prices seem to be rising
mjr_: imagine people who say "bitcoins will be worthless, because you can just make more of them whenever you want"
mjr_: go to comments on mainstream publications...
mjr_: you think forums are bad...
mjr_: i'm going to go have a cigarette...
mjr_: (that is up to 31, in case you were curious)
mjr_: I can count on one hand the people who I really want to hear talk about bitcoin related things
mjr_: but they will say "I think this, or I think that"
mjr_: attention will be showered on people who have accomplished EXACTLY (to a precision of ten decimal places) nothing
mjr_: yay, for me going to a conference
mjr_: and they say "that won't work"
mjr_: I try to tell people "this is happening now, its growing and spreading, and we like it"
mjr_: see me and Gweedo's exchange for an example
mjr_: but being contrarian, finding fault, or saying that you would do it in a better way, DOES get you attention
mjr_: won't garner you much attention
mjr_: because usually just saying "hey, good idea...best of luck"
mjr_: "well, I don't think that will work because X"
mjr_: because every fucking person usually feels they can do this:
mjr_: which is what annoys the hell out of me
mjr_: achievement doesn't matter, attention matters
mjr_: but i think that post really does sum it up
mjr_: usually followed by "you know what I meant"
mjr_: that is what drives me crazy...words mean things, but people think they can make words mean anything convenient\
mjr_: there is one type, paying new investors with the money from old investors