260000+ entries in 1.971s
C01DA51CE: store kiwis suck u have to have
a back yard kiwi
cazalla: imagine taking
a haircut from the cypriot government
Neil: If it gets to $5k I imagine it'd be possible to spend most places; no need for fiat any more. Certainly given
a year or two at that level.
cazalla: 5k would allow me to buy
a nice acreage, lambo but more importantly, fuck some of the wifes friends with insane display of wealth
btcinmypocket: Neil: Well, that data was provided by someone(s) who had the lack of ethics to include bitcoin stealing trojans in with the publication, so I don't doubt you have finding problem with the records. I would expect that they would mess with
a bit if there is incentive.
Neil: Karpeles seems to have been
a complete fuckwit who just didn't take anything seriously; least of all other people's money. Assuming there wasn't fraud.
Neil: It only became
a gox bet in the last 2 weeks
Neil: I viewed it more as
a BTC bet, y'know.
Neil: Gox closing was one of my bets too; I got that one right :) Just
a bit too early...
cazalla: 10% this cycle is
a bit of
a lull, fingers crossed for 30%+ next
Neil: Well I had the initial bet. Not bet since then... but it'd be
a nice win if it happens
Neil: I think block 290303 needs to have
a timestamp of 13/03/2014 05:57:02 or laster. But not certain.
Neil: Close ones like that can make
a killing for bitbet
cazalla: it'll be
a close one re: the under 10% bet
Neil: Doesn't need much of
a pause to get there
gribble: Error: "bc.stats" is not
a valid command.
cazalla: litecoin is like the kid who said his $2 shop game of brick is the same as tetris on
a gameboy (bitcoin)
ThickAsThieves: [22:54] <mike_c>
A hyperactive stock market is the pickpocket of enterprise. /// hadnt read that one, i like it.
the20year2: There was one subdivision close to me where every single house was
a cookie cutter design , and the FSBOs averaged $97k , agent listings averaged $116k or so
the20year2: So, with say
a $100k property @ 3% selling agent comission they're gonna get $1500, with the $2500 bonus they end up getting $4k
Chris_Sabian_: what is
a typical comission for
a realtor when selling?
the20year2: I don't know how many foreclosed houses I've been in that were 2nd time foreclosures in
a 3-5 year period where the buyer had bought
a foreclosure in the hopes of doing it themselves, then never completing repairs
the20year2: for
a owner occupant, they don't want to lend on
a property that might have $5k in repairs, or $15k
the20year2: That's why I did the stock offering instead of just going to
a local bank and asking for
a loan. The bank wants to see properties in good shape with 3-6mo of cashflow before they'll lend
the20year2: Anymore , banks refuse to lend to people who want
a property that needs work. From 2004-now one of the highest default categories is wanabe investors/DIYers who buy
a house, screw up the rehab and cost the bank money
Chris_Sabian_: So if
a property is 30k and needs work, why cant
a renter just put the 5-6k down with bank loand instead of going through you?
the20year2: It's proven that you're the sum of the people you hang around. Facebook makes it pretty easy to figure out if your renter is just
a redneck, or
a druggie
the20year2: So, in that scenario we clear still $100-$150
a month in income off the property, still collect appreciation if the rent-to-owner decides they don't want it anymore (Which is the most likely scenario), AND have $65k-$68k back in our pockets
the20year2: With the scenario of #4, we'd still be eligible for financing on it, which means the new rent-to-owner has paid us anywhere from $5k-$8k in
a non-refundable down payment, plus monthly payments of $500-$600 per month. We still are eligible for financing it from
a bank (
A cashout) and could also get another $60k from the property
the20year2: It's
a hybrid flip , it's the 'get cake and eat it too' strategy
the20year2: Of which, much would flow back to investors/shareholders because they're paying
a down payment on the repaired value, not what we have in it
the20year2: It'll start making more sense in
a month or two once we get these properties done, and secure at least one seller financed deal
the20year2: It comes down to waiting for BTC price increase, or increase NAV of properties by 30%, 40%, 50% in
a few months
the20year2: I agree, however it's one of those things, if we can reach
a position where leverage is open, btc pricing will largely be irrelevant because we'll just be playing arbitrage on the variations in interest/property ields
the20year2: It does take
a little while to buy & rehab properties, so the capital doesn't get utilized immediately
mike_c: One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as "marketability" and "liquidity", sing the praises of companies with high share turnover (those who cannot fill your pocket will confidently fill your ear). But investors should understand that what is good for the croupier is not good for the customer.
A hyperactive stock market is the
Chris_Sabian_: The level of communication from 'Branny' is excellent. Sad to say that it is
a rarity in bitcoinland
MisterE: they have missed so many deliveries and are being sued by
a bunch of people
BingoBoingo: Thanks. I've got
a piece to sell, because fucking Dreamhost emailed me that the hosting's renewal is coming up soon.
BingoBoingo: Once I finish my write up on baseball betting I might give translating it
a shot.
benkay: american white-collar folk are generally sent to the hospital, where the peeing happens in
a luxurious room, in private.
MAKABEakira: mircea_popescu, experian will have
a whole new report to sell
MAKABEakira: next time i have to do
a UA (which is never) I should stock up on some methylene blue beforehand
mircea_popescu: that
a romanian is sitting here laughing his ass off ?
benkay: most american desk jockies as well, especially if your desk is attached to
a manufacturing operation.
BingoBoingo: Shit, It would be less than
a 12 Km drive to asciilifeform if I wrote off the necessary distance that happens on US 40
gribble: Bitstamp |
A market order to buy 800 bitcoins right now would take 525811.5155 USD and would take the last price up to 660.0000 USD, resulting in an average price of 657.2644 USD/BTC. | Data vintage: 0.0440 seconds
gribble: Error: "market" is not
a valid command.
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs
a buy order for <amount> units of <thing>, at
a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, (1 more message)
MAKABEakira: he -10'd you, if i am reading it right. he banned me from mtgox for having the temerity to suggest he might be helping
a crime happen
mircea_popescu: MAKABEakira
a better idea would perhaps be to re-structure the program so as to work better with bitcoin's weaknesses.
MAKABEakira: also, disclosure, this would not be for network tv, this is
a smaller Bitcoin-land specific project which will be bcast on web only. its
a warmup proj to test workable ideas for
a later network show
dexX7: introduce some kind of "bitbet balance/wallet" which you can fund before
a show to skip confirmation times
dexX7: i heard dogecoin has
a time between blocks of 1 min
MAKABEakira: mircea_popescu, i'll update you after i due dilly on this plan
a bit.
MAKABEakira: mircea_popescu, we are pretty visible, kinda hard to run from the romanian
a-team if we burn y'all
mircea_popescu: MAKABEakira in principle it is externalisable, but in practice it's
a problematic point, because if you scam the users on my trademark i'll have to kill you.
BingoBoingo: MAKABEakira: Why
a Baron. Maybe I'm
a duke. Maybe I am far less. Perhaps just
a footman, or even
a much lesser hallboy.
MAKABEakira: mircea_popescu, we have
a prod team who can has assigned
a staff for that if it is externalizable
mod6: lol @ Krieger using "crypto currencies" in
a recent episode.
MAKABEakira: despite being
a very different kind of show
MAKABEakira: BingoBoingo, no sir. not *that* famous. but
a hint. this show knocked wheel of fortune out of several markets
MAKABEakira: i am working with
a team that produces
a nationally syndicated game show on US TV
MAKABEakira:
a sub 20 min bet time limit would be useful
dexX7: quick, get
a blockchain.info tag
MAKABEakira: mircea_popescu, is hreniuc
a common surname in RO
dexX7: the plans of the sm exchange go back to at least november.
a "ny based exchange" was mentioned several times during the senate hearings and i guess that's no coincidence. also
a bitlicense was promoted via the press at that time.
BingoBoingo: MAKABEakira: What I mean is if you want to run something as
a "Trust" for patrons, you do indeed need to dogfood it instead of depositing with Gox.
Duffer1: nobody paying attention for more than
a month would have known to not have $$ there
BingoBoingo: MAKABEakira: It is
a talk of some kind. Just... when you name nobodies like Barrys and Larrys, you have to mention what they are trying to do.
MAKABEakira: yet SM's exchange launch is taken as
a foregone conclusion.
MAKABEakira: is barry seibert really going ahead with this. last i heard it was
a string of "we hope our partners" this and "if regulation" that, but so far, tumbleweeds
moiety: they have
a whole nude in public section! love it!
mircea_popescu: there's actually people who make it their business to organise
a "photographic vacation"
mircea_popescu: it is
a reasonably common name, so there's
a dozen or so other people by the same name
dexX7: B007: well i once paid
a tiny amount and can enjoy trilema probably for lifetime. that's comfort vs. "need to reset my ip now and then"