log☇︎
272700+ entries in 1.555s
jorash: I'd like some input from you guys... what do you think would happen if all 21m BC were put into circulation tomorrow? Would people abandon btc altogether
ThickAsThieves: i'm not selling anything
Rawted: yeah i only have 4k in gox, and ive been trying to get it out since june.
ThickAsThieves: i mean withdraw
chaang-noi: i do wonder if it is just a huge whale in panic mode
mircea_popescu: tomorrow i think it's getting resolved. seems a certainty at this point that no mattrer which way it goes there's going to be multuple bitchfests on btctalk etc
mircea_popescu: Rulother i fear there shall be more.
Rulother: I'm so done hearing about this damn bf bitbet
chaang-noi: and i was thinking wow, what a slow day...
ThickAsThieves: if it really is a liquidity problem, then I expect we'll see more pronounced symptoms
chaang-noi: i bet you the others go over 120 soon
thestringpuller: one sec will do that once I get to school gotta go afk for a bit for the commute, thanks mang!
mircea_popescu: thestringpuller pm me your pw i'll add you some credits.
Rulother: Ah ha I see
johnnyfootball: i pooped in the thread and also called mircea_popescu out
San1ty_: I'm outa here
mircea_popescu: Rulother so i mean... what ?
thestringpuller: k i'll email the html page
thestringpuller: PARDON ME WHILE I BURST INTO FLAMES
thestringpuller: i have the raw data
thestringpuller: I think I may have the article in my netbook
mircea_popescu: TomServo well luckily i keep slaves, they all read my shit, i had everyone re-write it from memory under pain of lashing.
TomServo: mircea_popescu: sorry, I looked when you were asking yesterday. No joy.
thestringpuller: now i have incubus stuck in my head
thestringpuller: i would assume if your production server burst into flames you got bigger problems than raod
pankkake: I would hope so
mircea_popescu: pankkake on the mpex system i have a 1+0 hotswappable work of wonder.
pankkake: well, I have backups, but it would have been annoying
ThickAsThieves: personally, I can't stand raids
mircea_popescu: fucking raid array was run off a jre. i say "dude, no java, srsly". sysadmin is like "ya ya, we're professionals here, i've been a sysadmin since before yo uwere born kiddo"
mircea_popescu: thestringpuller i blame java.
thestringpuller: i blame raid
mircea_popescu: i guess.
San1ty_: Oh I'm sorry then
San1ty_: I was saying why would an issuer go for a bond?
San1ty_: well I wasn't disagreeing with you point
thestringpuller: mircea_popescu: "dont tell me what a fucking bond is, i'm not 5"
mircea_popescu: San1ty yea, i am aware what these are.
mircea_popescu: how am i to read that shit ;/
mircea_popescu: just, by now there's so many of these indistinguishable things that im always loath i confuse joe for schmoe.
mircea_popescu: i recall the guy vaguely.
San1ty_: ThickAsThieves: Correct, I'm trying to have an open discussion here (hope I haven't offended anyone? :S). But the premise of shares and bonds are different.
ThickAsThieves: he discloses I think
mircea_popescu: San1ty i just used your conveniently open ended statement to make a point.
pankkake: well, I learned a lot about how trading works. and futures, stuff
San1ty_: mircea_popescu: I'm talking about risk for the issuer obviously. If you manage to sell all your bonds, you promise (unless you are a scam) to pay a steady low fee to pay off your loan. When selling shares you just sell that... shares. No risk for the issuer whatsoever.
ThickAsThieves: i say nothing
ThickAsThieves: they ask what should i buy?!
ThickAsThieves: that's a point i try making to smalltimers
pankkake: I now realize that watching stock prices for what I have is not really "worth it"
mircea_popescu: gecko_gs2 San1ty and co : have i put enough digits in there to make you rich or need more ?
ThickAsThieves: the coincidence being I am in the very process of trying to convince a new mining co that there are other ways to raise money
ThickAsThieves: I suspect he lurks
ThickAsThieves: i tried to get him here
pankkake: I can say bitcoin made me 4 times richer, but I still am poor
pankkake: yes. I deal with small volumes only :( :)
Rulother: well there's always this http://i.imgur.com/g61tEF4.jpg
Namworld: I'll keep investing and dedicating time in private and sound projects.
San1ty_: otherwise I'm not sure if I'll have the courage to hold till mining.
San1ty_: I'll buy a couple K more.
Rulother: I believe it has also caused my drinking and smoking to up by like 3x
Rulother: But I do plan on being up for 24-48hrs during the period that it starts hashing
Rulother: I expect a lot of massive sell offs for no god damn good reason, especially when you're talking about Labcoin
Namworld: I'll go with the massive sellof expectation
San1ty_: If they start hashing I wouldn't be surprised if Labcoin would be up to .01
pankkake: I don't mean ordered chips, I mean chips in hand
San1ty_: I read somewhere 10 sept
Rulother: I thought they said in the first week of sept?
San1ty_: gecko_x2: I'm waiting for another quick 270%
San1ty_: gecko_x2: I agree
Rulother: I can't type while sober :(
gecko_x2: i guess it's good to have a personal shrink ini the trading room
Rulother: If I could while drunk on whisky, I would be in the same place too.
Rulother: Gecko this is the first time I've seen you sober in sometime, or at least you appear so
Ogedei_: hm ok maybe i do need that coffee then
Ogedei_: as far as i know at least
gecko_x2: moar pain!! i say :p
gecko_x2: when it reaches 1.8 i would start adding bids all the way down to 0.8
San1ty_: I don't see for it all to unwind. I imagine confidence has been shaken a bit with the low divs, but if AM can keep up and pay out nice div's. there shouldn't be a reason for a massive selloff.
gecko_x2: i would :p
Duffer1: good question sanlty_ I haven't been keeping up with AM plans so i duuno
gecko_x2: i'd prolly set an even lower bid though
gecko_x2: i might
San1ty_: i like it, I have a buy order open in the low 2.4's.
San1ty_: lol wtf, I suck :D.
San1ty_: Nah it's not going into labcoin I think, Labcoin isn't going to move much this weekend.
San1ty_: holy shit I am the biggest counter indicator alive
San1ty_: I just said AM didn't seem to be trading much anymore
Duffer1: The sound of "I TOLD YOU SO" would resonate throughout the solar system
Duffer1: i really like that idea
thestringpuller: last thing I got is the article on rape
jborkl: i looked , i do not think i have it
thestringpuller: http://i.imgur.com/e9xsTSB.png
jborkl: mircea_popescu , i might have a copy. i will look in the morning and see
mircea_popescu: if anyone has a copy i'd muchly appreciate it, thanks.
gatz: lol friedcat http://i.imgur.com/KxEuXnt.jpg
pankkake: it may be possible. mtgox's accounts were hacked and I started getting a lot of bitcoin scams by mail on that mail
pankkake: got the BFL mail too, but I don't remember ever giving it to them
jborkl: i miss reptillia
ThickAsThieves: "I'm not sure I'm interested. Should I be?