227000+ entries in 1.662s

mircea_popescu: artifexd: I come back from Ecuador and realize that they just banned bitcoin entirely because they're going to make their own cryptocurrency. I guess my wife was right all along when she said Correa was
a dumb ass. <<< let the kids have their fun.
mircea_popescu: anyone ever is thrilled to take
a taxable-income-loss.
mircea_popescu: pigeons: my stocks went down too, but the price doesn't matter, i'll just take
a temporary loss and not sell. how long is temporary? << you don't understand what loss means in this context.
pankkake: "Bandwidth Limit Exceeded" for
a almost text only static blog, lol
mircea_popescu: (bad poopies) or
a mare killing their own baby because of being born
a runt (bad babbeh). Abusers consist of the majority of the site Fluffybooru with Ginger_Fig, Mwike, and deathproofpony being the most notable examples.
mircea_popescu: , physical weakness, destruction of harvest, and overpopulation. Fluffy Ponies can often die from their own stupidity such as falling off
a cliff when attempting to fly, getting run over by
a car because they thought it was
a friend, eating bad foods, etc. Some abusers often abuse fluffy ponies as if they were clearing out
a vermin infestation, while others abuse them for bad deeds such as defecating at the wrong place
mircea_popescu: chetty i dunno, i thought obstructionist is someone who opposes
a process for emotional rather than rational reasons.
benkay: guess i'm due for
a nick change then
mircea_popescu: you know every time someone misses
a tab you'll be ben instead of benkay
benkay: mircea_popescu: is there
a microbrew market in bsas?
chetty: Pres Obama supports letting Central Americans apply for US refugee status in their home countries, rather than taking
a dangerous journey.
mircea_popescu: to hear stalin tell it, lenin was not only
a major stalinist but he didn't think much of trotski either.
chetty: eh if it ends in 'ist' its
a bad idea
mircea_popescu: chetty guy was an ardent NATIONAL socialist. that's
a nazi.
mrstickball_: Thomas Sowell has
a lot of great Shaw quotes in his books
chetty: wasnt he
a founder of the Fabians?
mircea_popescu: bitcoinpete in fairness
a year ago btc was what, less than $100
bitcoinpete: mrstickball_: not at all. i haven't produced anything more tangible than
a blog. slush sold $200 dongles for 2btc each
BingoBoingo: If
a candidate for the legislature can pistol whip
a motherfucker for not paying their pain pill debt...
mrstickball_: they want crypto products, and want us to supply them. But we can't swing $250,000 of inventory on
a net-30 payment model
mrstickball_: additionally, it turns out that our HQ is
a few miles away from one of the largest PC retailers in the US - Micro Center
mrstickball_: I/we have enough capital to continue ad-nauseum at about $100k of inventory. The problem is that we cannot grow beyond that, because of overhead (paying 2 employees,
a building, ect)
mike_c: they don't deserve
a video
bitcoinpete: watching them try to explain wtf
a "smart contract" even is…
bitcoinpete: mrstickball_: are you
a regular reader of the logs then?
mrstickball_: FWIW, if anyone is going to that conference, I'll gladly take them out for dinner as
a member of #bitcoin-assets
mrstickball_: look at the bottom, below the charts. Its not comprehensive, but goes back
a few months
mrstickball_: I had
a friend that made about $3,000 off of it on
a single PC
mrstickball_: I had
a friend cash out of it back in the glory days. We CPU mined
a few hundred thousand
gribble: Error: "s" is not
a valid command.
mrstickball_: I wonder which ones survive... I am kind of sad to see Curecoin being so terrible when they were getting
a lot of attention for curing cancer
mrstickball_: Unfortunately, when Chinese New Years hit, our factory (and every other) went down. Seemingly when they came back up, some factories re-evaluated their position to move to direct-sales and hurt us
a bit
the20year: On
a good note, I had
a very positive call today from
a bank to wants to lend to rentalstarter
mrstickball_: there was
a period of time we were pushing $5,000/day in riser sales with
a 100-300% profit margin
kakobrekla: on
a side note, my intel tells me altchains are suffering - noone is hashing. i would expect non asic stuff will take time to sell.
mrstickball_: most customers are willing to pay
a 10-15% premium if your company is willing to do with fiat
mrstickball_: no one does
a good job of it. That's why we're working on capital to get
a larger building and control
a larger portion of the market
mrstickball_: Yes. fluffypony bought
a few dozen risers off of me ages ago
gribble: You rated user mrstickball on Thu Apr 17 18:13:39 2014, with
a rating of 4, and supplied these additional notes: runs buy-
a-hash, which carries openrigs products, and have had several large financial interactions (purchases/sales).
mrstickball_: I've done
a fair bit of business with Riccardo
mircea_popescu: so what's the biz model like, buy
a bulk and sell by item ?
mrstickball_: mircea_popescu: ASICs, and
a lot of accessories
mrstickball_: we've already grossed ~$1m USD in the past 12mo on hardware. Unfortunately, capital is
a huge bottleneck
mrstickball_: Step 1 is more hardware sales and initial deployment of
a larger ASIC-based facility
mike_c: this seems.. incredibly ambitious. you are going to manufacture & sell your own miners, and run
a profitable mining farm.
mircea_popescu: twins are what, 4 ppm. so actually b-
a has
a statistically expected number of twins.
benkay: <the20year> i'm pretty sure we're
a chubbier version of the winklevoss twins, younger and not connected to FB // shorter too, indubitably
mike_c: mrstickball_: you have any experience running
a mining farm?
the20year: i'm pretty sure we're
a chubbier version of the winklevoss twins, younger and not connected to FB
mircea_popescu: <ThickAsThieves> no matter much trilema you read, the wife ain't gonna listen! << this sounds like
a cry for halp
mike_c: more to the point, let's discuss whether debating discussion is
a good idea ;)
mike_c: who is "we"? we are having
a discussion about whether you can discuss things
mike_c:
a religious scholar is entirely different from
a religiuos person
mircea_popescu: mike_c this is false on its face. i'm
a religious scholar.
mircea_popescu: ThickAsThieves i definitely don't propose there's
a winner. the dispute of which is more complex
a tool does not map on the discussion of which is
a better tool.
benkay: easier to pray, be told what to do by
a "master"
rithm: but usually fractal geometry is zooming in and seeing
a portion of the orignal image
rithm: it's pointing to infinity and it's
a repeating math funtion
mircea_popescu: asciilifeform the highway robbery the us govt is conducting as
a matter of course is well documented already, yes.
rithm: i have
a seirpinski triangle tattooed on my back!
benkay: representing at
a smaller or larger scale something else smaller or larger than itself
benkay: <mircea_popescu> you presume there's
a way to live your own life outside of slavery. there actually isn't. // everything is
a fractal representation of something else
mircea_popescu: benkay and if you say "you eat your dogfood with your hands shackled behind your back and if you run into
a hair there fu you eat it anyway and if it makes you vomit fu you'll lick it all up the floor and swallow it" ?
kakobrekla: anyway, someone should offer
a short on the thing, just to keep things healthy.
benkay: <mike_c> you pay $500,000 to have
a cute little thing that loves you for 10 years, hates you for 8, and then hopefully respects you after that. // ideally. sculpting them into not-biodiesel is generally frowned upon in these parts.
mircea_popescu: kakobrekla you need money for that. his budget was in the decimals last he was offered
a short.
ThickAsThieves: this is good: "What baffles me is how people can send so many coins to
a supposedly anonymous person. Do you give out unsecured loans to random strangers who you meet for the first time?"
mike_c: hell, you're from florida. practically
a redneck
mike_c: any other muricans want to give
a listen and voice an opinion it would be appreciated. this isn't
a love-fest, please say if you think the accent might not work for average US speaker.
https://btc.waroflife.com/videos/ kakobrekla:
a few trades today unaccounted for in that upper nav i think