log☇︎
287600+ entries in 2.223s
ThickAsThieves: nah, i just HATE bots
jurov: <ThickAsThieves> and jurov already ahs that market cornered <<< haha i'm rly so scary?
ThickAsThieves: i could probly just start a find
fiat500: i borrowed $20k on margin for a long position a few days ago, made $1700 but also had to pay $200 swap
ThickAsThieves: but in mpex i'd have to trade mpoe back and forth all day
truffles: yea i wanna borrow 10btc
ThickAsThieves: i want a BTC credit line
mircea_popescu: as far as i know tho, it's the borrowers who come to the terms of the lender
ThickAsThieves: i dont think anyone could read furuknap's analysis without their eyes crossing and moving on
b0n1: fiat500, yeah i saw that, but that does look extremely low in my oppinion
mircea_popescu: whatever you can get away with i guess.
ThickAsThieves: those were bids i think
fiat500: jurov: i am talking about COG.F
truffles: i was going to beat u to typing that !
fiat500: Chaaang-Noi: i think maybe COG.F shareholders deserve a say in how their money is spent
fiat500: really sad tbh, i wanna see more internet services built on btc
fiat500: many people want a time machine to go back in time, at present, i would like a time machine to send me forward a few months
fiat500: Chaaang-Noi: i took the plunge and bought 30btc worth of cog.f :P
truffles: i dont read his blogs, he sure is trying to be scandalous
ThickAsThieves: [10:08] <JackH> now, I bought alot of asicminer shares
Chaaang-Noi: lol PBoy i only smoke cigars, not much weed. once every 6 months or so:)
Chaaang-Noi: okay i have 2 photos, where do i host them?
PsychoticBoy: http://i.imgur.com/eEjLSrR.jpg
PsychoticBoy: I dont need SR, I can walk across the street and buy some, legally
PsychoticBoy: I am from the netherlands, I can bake a cake for all of you
PsychoticBoy: http://i.imgur.com/vk50u5p.jpg
PsychoticBoy: [IMG]http://i.imgur.com/vk50u5p.jpg[/IMG]
PsychoticBoy: i BAKED A CAKE FOR YOUR SMOKING ROOM gOAT
Chaaang-Noi: i just bought a leather sofa
deadweasel: ^ that's what I want
ericmuyser: what would you do? pay it off? i'm still young enough to take risks and I have a stable career so I wont go bankrupt
ericmuyser: oh i didn't get a lazy boy.. wannnt
truffles: the chairs i want cost $400+
ericmuyser: I sold it all and moved to japan, so ya i'm sittin on a shitty $25 chair
truffles: i do
ericmuyser: lol you dont want to know what I did
ericmuyser: should have put this in btc haha but regardless.. losing $90 a month.. i can make more than that on the market
ericmuyser: oh what I could use that 4k on today though :)
ThickAsThieves: any i bet
ThickAsThieves: so i can yell at people for lowering bids when they dont need to
ThickAsThieves: but i didnt
ThickAsThieves: i almost ordered some USB miners for fun
ThickAsThieves: i just dont see it as good enough diversification or hedging, if that's your aim
ThickAsThieves: what dont i like?
fiat500: ThickAsThieves: http://i.imgur.com/pvaVKNx.png
ThickAsThieves: I'm all AM and difficulty futures
Chaaang-Noi: I was taken in custody by the police in Wednesday at about 18:30,
ThickAsThieves: i wouldnt say anything on the topic
truffles: i guess in my mind a programmer already knows how to do circuit wirings..
truffles: well i get accused of being a troll itc
PsychoticBoy: who hoe that would mean I can setup my GPU rigs again :D
truffles: <ThickAsThieves> a sleeper investment isnt found by people thatthru greed>>> so far thats all i see in btc land
fiat500: i do
ThickAsThieves: its like saying ai wish i had a tine machine
PsychoticBoy: true, I was angry at giga, but we are cool now
dub: I'm assuming they are hiding some
ThickAsThieves: i believe the current hashing is already throttled
ericmuys_: I understand that was intentional :)
ericmuys_: unless he bought at >= 2.2, I wouldn't call it a loss because cashing out early != losing, but it's a very similar analogy in that *the math* is correct, but the logic is twisted, just like his article.
ThickAsThieves: i hope not...
dub: PsychoticBoy ismining with giga? Last time I saw PsychoticBoy he was talking about hiring someone to kill giga
ericmuys_: furuknap: if he does, he's doing you a huge favor. i'm not going to bother
ericmuys_: you are not the special 1 in 1 million people who "see through the veil." not this time. I know it may feel good to fight the mainstream of sheeps, but you're wrong. the logic is twisted to make it seem like you are.
fiat500: i think you're on shrooms :)
furuknap: Again, you're clearly demonstrating your utter lack of understanding, but I'm not really going to explain it to you yet again.
ericmuys_: I'm joking, but you need to take a step back away from the monitor
fiat500: furuknap: 2 scenarios here, i generate 1btc per day using hardware i spent 10btc on and have already broken even, i want to pay rent in USD, in which scenario do i profit more, if USD is at 100 or if USD is at 1?
ericmuys_: ThickAsThieves: I would like them back in what furuknap's smokin'
ericmuys_: you're wasting a bunch of peoples time on nonsense. I want my 10 minutes back
fiat500: if i cared to spend on things using my hourly rate, and the conversion from my hourly rate to other items remained constant, then your math is solid
furuknap: Then explain where the math is wrong. Use the trading I explained and run the numbers. Prove me wrong, please. I so want this to not be right too.
fiat500: parallel to your argument furuknap is: i have a pc that i do software dev on for an hourly rate, hence the lower my hourly rate the more i profit because the value of my pc denominated by my hourly rate increases
ThickAsThieves: but i'll check it out
ThickAsThieves: i'll need to read it later
furuknap: I'd be happy if someone could point out flaws in the math. Right now it's mostly "but I want this to not be true!" which isn't really doing anything for anyone.
furuknap: I must?
ericmuys_: new company, I will take over the world and you can come, buy my overpriced IPO. fun! argh im bored and want new terms, new company! bye believers. hey, buy my new company we'll do it this time
ericmuys_: PsychoticBoy: your statements for ABM: "I am planning to grow bigger and bigger, recently ordered another BFLS." "And hoping to buy more FPGA/ASICS in the near future."
PsychoticBoy: I ABM you do own the hardware, new asset not
PsychoticBoy: no, I did not buyback, yes at market price but no forced buyback
ericmuys_: PsychoticBoy: so how are you, and I quote ABM, doing "the best we can to give you the highest possible mining revenue." by starting a new asset? what about the existing ABM investors? did you buyback?
PsychoticBoy: When I see gigavps I will ask him to confirm
PsychoticBoy: I will PM burnside also
PsychoticBoy: I will PM Ukto (bitfunder) and hopefully launch the asset in 1-2 weeks
furuknap: Then go for it. I'd think 100 MH wuold be an easier sell, though.
PsychoticBoy: I have 14Gh-s FPGA farm and an Avalon
PsychoticBoy: so who cares what I keep ;)
fiat500: i thought he had mucked up the numbers
PsychoticBoy: only 60Gh/s will be divided in shares the rest I will keep (5-6Gh/s)
Chaaang-Noi: i think there would be some interest, but not really from me
Chaaang-Noi: i personally would not be interested unless you were just giving it away
PsychoticBoy: Should I start a 100 or 500Mh/s perpetual mining bond?
PsychoticBoy: just a quick poll: I have an Avalon (65Gh/s)
fiat500: i think the price is right
parseval: True.. I think the COG.F shares were priced a little high. 2.0 would have been better than 2.5
parseval: I have no faith in BFL's stated timelines anymore
Chaaang-Noi: i think they have avalon ordered as well
parseval: I thought they hadn't ordered that yet and were wavering on whether to go to AM for the next one
Chaaang-Noi: he is just one f the few people i trust, so bfl might fuck him, but i dont think he will fuck us
Chaaang-Noi: also i bought cog at .11 and that was undervalued