265400+ entries in 1.936s
Jere_Jones: Anyway,
I have to take off. Thanks for the conversation,
I enjoyed it.
Jere_Jones:
I'm trusting them to do the math right.
I haven't done it myself.
Jere_Jones:
I'm floored that dustcoin says mining btc is the most profitable right now.
kleeck_: Does that mean
I should start mining altcoins?
kleeck_: ^ Yeah! Actually. The exact same way
I feel about altcoins now is how
I felt about btc then.
Jere_Jones: That's what
I think about the altcoins. :)
kleeck_:
I thought it was silly. :)
kleeck_: Not that
I recall, at least.
kleeck_: That would be the difference between the current scenario and the CPU miners scenario.
I don't think they really had a place to buy coins.
kleeck_:
I know people who were mining at a loss back at the start. BTC wasn't worth the electricity and hardware.
Jere_Jones:
I think jurov has a very significant point that people starting to mine now can't claim profit as a motive because they will never make a profit.
Jere_Jones: Concrete example: If
I bought a batch 2 avalon for 80-ish btc. They have made back that 80-ish btc. They continue to make more $ than they cost in electricity. That, to me, is profitable.
Jere_Jones: Profit *is* my motivation to mine. Except my usb block eruptor.
I'll probably keep that guy going for ever... just 'cause. :)
Jere_Jones: When it is no longer profitable,
I will stop.
jurov: anyway, what
i'm up to is: you compared profit motives of individuals vs. govt ... but there is no such thing with mining
Jere_Jones: ^ Correction:
I would say that. You may or may not say that. :)
Jere_Jones: In the mining space,
I'd say that a year ago is old school. When
I say "new",
I mean that you haven't purchased anything and are looking to start.
Jere_Jones: *New* miners who are talking about profit are self-delusional.
I agree.
Jere_Jones:
I don't know of a single asic where that would be profitable
Jere_Jones:
I am profitable every day in BTC and $ with my mining.
I expect that many people are.
I'm not special.
Jere_Jones:
I, currently, would be poorer if
I turned them off.
Jere_Jones: Profit means
I get more out than
I put in, right?
jurov: okay, but
i asked for profit, nor mere roi :)
Jere_Jones:
I have already made back the purchase price and the machines currently pay for their electricity.
Jere_Jones: But the moment
I think mining is no longer profitable,
I turn my machines off. Because mining, to me, is about the money. Mining to some people is about "securing the network", and that's ok.
jurov: actually
i think chinese govt (or Party-affiliated entrepreneurs) can buy stuff from friedcat at manufacture price, won't have to pay market rates for electricity, etc.. and thus would be more profitable
Jere_Jones:
I would argue that it does make a difference.
taub:
i seriously had buy orders at the lows which
i pulled last second
taub:
i could've should've done so much different
phungus: < mircea_popescu> phungus> the original "Behind the Back Door" < you mean green door ? < No,
I mean "Behind The Back Door". It was made in the 80's. HAWT
Kleeck_: How many illicit market places will pop up now? Let's get a bitbet for that set up.
I'm guess no less than three new ones.
Bunnyh: ok. maybe
i should use the bet comment field for asking these things instead, just trying to understand bitbet.
i didn't even bet on that
bloctoc:
I think air gapping medical records is illegal since HIPAA
mircea_popescu: you know,
i was bitching years ago about yahoo selling email content to spammers, ppl were ono not possible.
Jere_Jones:
I wonder if there would be a market for a bitcointalk archive...
Diablo-D3: hes now claiming
I changed the DMC final notice in the past day or so
Jere_Jones: Having been historically annoyed by icebreaker,
I am always looking for something solid to back up my dislike. In this case,
I couldn't find anything though. But
I was looking for something on bitcointalk.
Diablo-D3:
I think someone higher up in the food chain told him to stfu or get banned
jborkl: as far as
I know it is free to transfer orders to other people
kakobrekla:
i was thinking of their preorder exchange thingy
kakobrekla: >>There are always a lot of unknowns...
I'm doing my best to keep our growth rate ahead of the overall network while at the same time introducing new sources of BTC donations. The end of the year should prove to be very exciting for NastyFans. Giving up our BFL orders at this point just isn't going to happen.
I would think at the very least they will be reselling at a premium for people in the bullet run. Also, we got up to a 25% discount
Ukyo: just said
I would have to get it approved
Ukyo:
i didnt say
i would deny it
Ukyo:
i can pass the request to lawyers
Ukyo:
i mean, you can upload it
Ukyo: for now,
i would assume no
Ukyo:
i knwo texas permit looks almost identical to state id
the20year: "Work hard, save your money till you have enough to do what you want" was the most common response
i got
the20year:
I posted something about capital investment and had a bunch of people chime in telling me
I was stupid for asking for money from investors
jborkl:
I do not even look at the price anymore
the20year:
i just wish
i had more capital access
jborkl:
I guess you have had a busy couple weeks ukyo
the20year:
i'm waiting for our HK seal and stuff, we're doing the nominee director thing and it's taking longer than
I had hoped
the20year:
i'll get those docs out to weex right now
the20year:
I have this feeling your legal team and mine are telling us the same things :(
Ukyo: the20year: as for continuance of assets,
I should have more info soon
jurov: what if
i wont ask?
Ukyo: not an area of discussion
i can have
Ukyo:
i cant give you permission to be a broker.
jurov: btw,
i have inquired about being a BF broker for these poor US citizens... but as there is no api the prospect is moot
the20year: but won't verifying that
i'm in the US lock me out?
the20year: Ukyo: What are asset issuers expected to do with regards to our assets on BF if we personally are located in the US?
I can't verify due to living in the US, unless you want me to get the nominee director verified.
FabianB_: Ukyo: np for those who know
i guess
FabianB_: pankkake:
i didn't use it for a while, but it used to work like this: put "gpg" in the password field instead of your password
pigeons:
i would get in on some litecoin ASICs
kakobrekla:
i think BFL preorders are the way to go
pigeons: ooh
i have a good play exchange if you liked btct. crypto-trade.com sells "shares" in his "ddos prevention biznas" and the exchange itstelf in ltc and btc
pankkake: well,
I created an account, luckily never put coins
nubbins`: weexchange is why
i never had a bitfunder account
pankkake: by support,
I mean there is an option
MobGod: kakobrekla
i think they are closed also
deadweasel: haha. OMG
i hope my non-existent children don't find my browser history.
phungus: that was like, the first porno
I ever watched
phungus: but
I think it may have had Ginger Lynn in it
phungus: that is a distinct movie from the one
I'm talking about
deadweasel: although
I'm sure there are plenty with back-door in the title.
MobGod:
i'm sure they all didn't goto mpex
MobGod:
i'm asking what people are using now
pankkake: Bunnyh:
I'm actually surprised no one is trying to bet after the fact
phungus:
I want to find a copy of that porno movie
MobGod: so does anyone know who
i can use now that btct is gone ?