296400+ entries in 1.958s
VanCleef: so...the winklevoss twins invented
a ponzi scheme and called it bitcoin?
nubbins`: mpoe-pr came up with
a suspiciously lucid post on this topic the other day
Scrat: tat will become
a bad guy
nubbins`: The Romans built roads, the British had their navy, USA had the
a-bomb, and now has the almighty USD
Namworld: [10:07] <Urushiol> my opinion, anyway, is that technology always ends up winning. And that's what bitcoin is to me -
a technology.
Urushiol: my opinion, anyway, is that technology always ends up winning. And that's what bitcoin is to me -
a technology.
ThickAsThieves: consultation with the Department and other Federal partners, to provide
a briefing no later 120 days after the enactment of this Act on the nature and scale of the risk posed by such ersatz currency, both in financing illegal enterprises and in undermining financial institutions. The briefing should describe the FBI efforts in the context of
a coordinated Federal response to this
ThickAsThieves: "Money laundering.--The Committee understands that Bitcoins and other forms of peer-to-peer digital currency are
a potential means for criminal, terrorist or other illegal organizations and individuals to illegally launder and transfer money. News reports indicate that Bitcoins may have been used to help finance the flight and activity of fugitives. The Committee directs the FBI, in
Namworld: Articles websites are starting to do that. Soon you'll have to have
a clipboard app visible on screen at all time to make sure you're not getting something else. Like spam instead of your text.
dexX7: "It has come to my ears that Bitstamp was sold
a few days ago" - "I would kindly ask you to please contact our support for any questions you may have regarding our services. support@bitstamp.net"
gribble: (last [--{from,in,on,with,without,regexp} <value>] [--nolimit]) -- Returns the last message matching the given criteria. --from requires
a nick from whom the message came; --in requires
a channel the message was sent to; --on requires
a network the message was sent on; --with requires some string that had to be in the message; --regexp requires
a regular expression the message (1 more message)
Namworld: GH or ghz, cause there's
a big difference
iceburg: not
a master no, but I have friends in the field, and I asked them to look into it as part of my due diligence
Namworld: chip size matter too... for the same process size,
a bigger chip can have more loop going at SHA-256. But still... huge difference in predictions/claims
bobbabad: whats your background iceburg... you got
a master in EE?
iceburg: also whats going to happen to hashfast if actm issued
a C and D for using their product name?
iceburg: they wont be able to gaet
a lot of speed out of those chips
dub: bgupta: theres
a bunch of calculators around
bgupta: (Using current USD/btc since predicting the future price is
a stab in the dark)
Namworld: Is doing it properly something like just exploiting some autistic kid who can insta-calculate SHA-256 hashes or string used for
a SHA-256 hash and ruining Bitcoin for everyone?
bobbabad: and looking at their youtube video(s) they seem to have
a pretty fancy facility going
Namworld: It doesn't have half the appeal ASICMINER had. And ASICMINER was one heck of
a lucky shot for everyone who had some of that.
bobbabad: hey guys, don't cry over spilled milk... you still got
a chance to be
a bitcoin millionare... all-in for labcoin is all I got to say
Namworld: If I'd put all my money in it. I had thousands I sold back
a bit over 0.10 and 696 I sold at 0.4
bobbabad: whats it generating
a day currently?
dub: spent sunday making
a nice little mining space in the attic, the single is looking lonely
bgupta: Yes seems they have been pricing there hardware at the point to maximize revenue.. and oddly people have been buying since they have consistently been the only provider than can ship without
a huge delay.
bobbabad: the big question is... the block eruptor blade from AM will set you back $84 per GH in hardware, retail... Labcoin hope their chip will be $2-3 per GH in manufacture cost.. now Im sure ASIC miner has insane profit margins, since theyre the only ones with
a track record of shipping.. but still, if labcoin can produce even close to what they project
dub: bgupta: scam is probably
a stretch yes, I think its important that people understand that buying in now carries significant risk
Namworld: 0.46 at
a high price per BTC compared to IPO prices
afrotec: ugh, i'd be okay with
a few hundred k
bgupta: yeah.. I have
a feeling that there were people who did that.
afrotec: while not
a scam at it's inception, or even today, something unknown event could cause those runnung the company to act in
a manner contrary to their public perception
bgupta: err meant to say "paid out
a lot more divs than they have collected from IPO"
bgupta: Dub: ASICMINER could disappear tomorrow, but if they were
a scam, why would they keep it going this long? They have paid out
a lot of divs compared to what they have collected, if they were gonna bail it would have been way more profitable to do so months ago. To me AM seems the one mining asset where the interests of management are aligned with those of shareholders. (That doesn't mean they are
a good investm
dub: the fact that they refuse to create more of
a footprint than
a forum account suggests they are leaving themselves that option
dub: they could vanish without
a trace tomorrow as well
Namworld: ASICMINER could probably roll out
a next gen ASIC miner in the time it would take for the others out there to realize they won't have their stuff ready until 2 years later. That is, if they weren't scams.
dub: who said asicminer isnt
a scam?
Ogedei_: also labcoin is based in HK wich is prolly
a good thing aswell
bobbabad: Im not sure they fully know what theyre doing, but I dont think labcoin is
a scam
Ogedei_: prolly
a good thing now though, with these extortions etc
dub: or in DT's case
a history of delivering investors BTC into the pocket of various thieves
dub: but its perfectly sane to invest in
a 'company' that is nothing more than
a forum post by people with no history of delivering anything
bobbabad: I think its
a crazy bet to think that all new asic companies will fail as well
dub: well they are an actual asic producer rather than
a pipe dream, might count for something
dub: voorhees is
a icedrill backer, color me surprised
rulother-gs: There was nothing by Burnside besides
a mention of an update was incoming.
ozbot: Someone is making
a lot of cash with IceDrill.ASIC...
dub: deadterra waiting
a full nanosecond to start raping icedrill marks
Graet: dont see gavin on the list - he'd be
a pretty important btc person i think ;)
gecko_x2: if i had
a hamster, i would be an important person in my hamster's life
Hollywood: I am not sure, tranche 1 sold err did something on bitfunder, and now there is
a listing locked on btct.co
Namworld: Any canadian in here in need of
a large supply of BTC to purchase? Not having much luck with OTC.
thestringpuller: jurov: ThickAsThieves bought
a bunch of -E diffs at ~.0045
ThickAsThieves: befor ethe 22nd? because it would take like
a 40% diff change or something
hhrlot: why wouldn't there be
a change?
mircea_popescu: dub "also smidge has some specific esl issues; usagi gives the impression of
a thoroughly native grasp"
dub: ThickAsThieves: usagi is supposed to be japanese, and
a girl
kleeck: iCEBREAKER posing as
a Romanian. LOL.
dub: mircea_popescu: get the girl to read over the smidge thread with
a usagi filter
mircea_popescu: usagi has
a distinctive whine. the smidge kid actually coded some website
dub: ThickAsThieves: it was
a test run 'wait you mean all these children will give us their pocket money if we write
a 500 word post'?
userioao: really what kind of twat would think.,, nice idea to post
a 10 sec clip of
a mong staring into
a pc case
dub: the scope on teh shelf means that PC is probably
a real asic
userioao: hold the press kens just posted
a 10 second youtube video..buy buy buy
dub: 500 preteen investors need an extra dose of ritalin this morning as the bullshit markets lead by "I'm
a really real company not just
a forum post LLC, Heavy Industries BBQ" rally and then crash again, on news of
a half assed google spreedsheet with some made up numbers on it
topace: theymos soliciting for forum donations? or is that
a scam email?
pankkake: I would bet yes, hoping
a lot of people are going to do the smart thing and hedge
mircea_popescu: anyway, the idea is, if someone has exposure and is worried can take the no side. the honest opperator can make
a little btc by covering the yes side.
kakobrekla: but with
a btc asset instead of alt chain
Diablo-D3: it would expand into
a red giant and the new surface would be outside the orbit of earth
Diablo-D3: over
a 20 year period, pay 2x what was paid in
Diablo-D3: thats about quarter of
a million dollars at current bulk rates
Diablo-D3: next gen wind should be able to do
a megawatt in half
a million dollars
Diablo-D3: ThickAsThieves: the compute side has
a problem where we're looking at at least 3 major new techs
ThickAsThieves: I do believe solar power is
a good thing to get into currently
Diablo-D3:
a lot of real world investors thought what I did was interesting, even if it didnt quite work
Diablo-D3: ThickAsThieves: thats
a problem that has actually solved itself