log☇︎
299800+ entries in 2.285s
mjr_: of course, hard to call a bottom (hello, s.dice)
mjr_: like wait till they crash nicely, then just get a steady revenue stream
mjr_: and i think the way to look at them (besides quick opportunity trade) is as a steady source of income4
ThickAsThieves: this makes them really no better than a PMB
ThickAsThieves: it pays the rewards from a fixed amount of hashing
ThickAsThieves: a Perpetual Mining "Bond"
mjr_: ThickAsThieves: what is a PMB?
Apocalyptic: a 50% spread, seems legit
ChaangNoi: be back in a bit
mjr_: for a long time
ozbot: 0.25 BTC Bounty - Show me a Mt Gox USD Withdrawal :)
nicofrobeen: with how much % is a motion passed?
taub: trading btcusd is such a suckers game with those fucking fees
mircea_popescu: after you've been here a few years and you've seen it go down... different outlook.
mircea_popescu: so yeah, it's kinda easy as a new guy to figure all this shit is what it claims to be
mircea_popescu: it was a very lulzy "company" last year.
thestringpuller: isn't there a name for that con?
nicofrobeen: hm.. i doubt this is a pure scam. they seem to have the intention to deliver.
Blastbob: I am pretty sure KnC has a 100GHs
thestringpuller: The CIA actually invented it with taxpayer money in the late 1960s to early 1970s. It was not disclosed until 1975, when Senator Frank Church displayed it to a subcommittee investigating the CIA.s illegal activities. They are specifically forbidden from directly killing anyone in the performance of espionage and intelligence-gathering. The gun was designed to be untraceable. It fires a bullet made of ice, about 0
kakobrekla: i think Namworld has a sheet like that
mjr_: in a more liquid market with more depth, you can usually trust market prices somewhat
mjr_: i wish bugpowda was here, he prob has a spreadsheet to do it for you
nicofrobeen: thanks mjr_.. i give it a try in the next minutes
mjr_: plug it into a black-scholes option calculator
mjr_: then you have to charge a lot
mjr_: if you assume that the price will go to a million and 0 every day
nicofrobeen: i'm asking, because my first intention was: a premium of 0.021 is almost nothing.. but i have not really a reference besides other options to compare this
Namworld: They also have a strike. People pay the strike at execution.
mircea_popescu: a call can't sell for less than current value
nicofrobeen: is a premium of 0.021 fair for a basic-miner call option with 18 days lifetime and a strike of 1?
nubbins`: in fact, that entire bio is basically just a list of facebook widgets
mircea_popescu: "joe's a teacher, mary's a whore and i'm a retard"
mircea_popescu: no matter what i say there's a bunch of retweets
ThickAsThieves: that sounds like a whole financial ecosystem, gtfo
error47311: but 2FA is a special case, dunno if all token are in the backup or not...
mircea_popescu: i never used a smartphone myself so perhaps not thge best person to say
error47311: mircea_popesc : dont care if some1 found it, still need all my password. But me, if i lose it and buy a new ! do i still have my token for all my wallet in my backup
ThickAsThieves: the 3 "other" exchanges get a steady flow if inquiries
ThickAsThieves: you become a scammer direct target
mjr_: exactly, which is why a walled garden approach is correct
ThickAsThieves: a guy that loves AMC
dub: idiots need a way to throw money at scammers bro
error47311: stupid question, if you lose your iphone and you restore a new one with your backup, what happend to google 2FA ?? every token are in ?
mjr_: well in a vetted market like mpex
ThickAsThieves: Suspected AMC Sock: "Is there any plan to implement a primary and a secondary market (within BTCT.co)? As it stands if a company releases an IPO, speculators can undercut the offering leaving the company high and dry with no funding. Havelock has a system for this, are there any plans in the works for something similar?"
nubbins`: anyway, as luck would have it, the guy was from my city. last i checked, he rented half his warehouse out to a laundromat operation, and used the waste heat from the dryers to heat his grow space
dub: even then it will be bat shit in a solution
mircea_popescu: ya but then they'd discover tjhe spinach was grown in like a chinese waste dump
dub: I will buy from someone with a guaranteed supply
mircea_popescu: you;'d have made a powerplant
nubbins`: anyway, "who the fuck wants to buy lettuce from a wholesaler who keeps running out?" is what it boiled down to
dub: a lettuce farmer needs to have stock at all times
dub: one has a unique product that people will chew off their fingers to get hold of
DiabloD3: and maybe even explode a few ovaries
DiabloD3: nubbins`: WHAT A NOOB
nubbins`: I recall a hydroponic lettuce farmer on Dragon's Den being denied funding because he would always be selling out of his product
ThickAsThieves: "The second great monetary fiasco is something called Bitcoin, the computer-generated Internet currency that has captured popular imagination. Bitcoins are currently made available in a fairly constant stream using an encryption technique that replicates some of the inconvenience of mining gold. "
ThickAsThieves: " So, as one thoughtful analyst in my office noted, “Bitcoin is a schadenfreude-generating machine fueled by libertarian tears and child pornography.”"
Namworld: There's a lot of chinese buying BTC stocks, it seems.
PeterL_: what's a chinese investor? Is that a euphemism for something, or is it just a guy from China buying the stock?
jurov: PeterL_: there's a chinese investor
PeterL_: did MPOE make a good anouncement or something? They seem to be going up again?
jurov: lol i remembered when i had a job... got two students to work on my project
jcpham: i suggest monetizing any action that's a pain in the ass
mircea_popescu: you're a fucking masochist. when put on the spot your brain shuts down and your only criteria becomes " what would hurt the most to do ? cause that's the right thing"
dooglus: you write gud for a foreigner :)
mircea_popescu: you'll get a lot more beatings on the way.
dooglus: I'm not a manager, don't know what I'm doing, do have the 1300 coins, and don't run fractional reserve - guess that's all?
Namworld: Gox never spoke a word about it. But then again, they never admit any issues.
Namworld: That's the thing, people were jerked off with generic answer, but calling their bank, they were told the bank refused a wire.
Namworld: Could you try to call your bank, see if they refused a wire? I'd like confirmations from more than just random smucks in bitcoin-otc/bitcoin-anal
mjr_: collateral for a call is 1 btc
mjr_: it is listed in the FAQ that a put requires the following amount of collateral: strike/spot
Namworld: I've seen people claim they got their MtGox withdrawals (especially out of US/Europe) and people in the US claim to have called their bank and they were told there was a wire but the bank is refusing it.
ThickAsThieves: it's a joke from mr lambert
ThickAsThieves: give em a couple weeks
Scrat: in other news, gox hasn't sent a single wire to customers in the last month https://bitcointalk.org/index.php?topic=251895.0
ThickAsThieves: rolling back wasn't that crazy a choice
mircea_popescu: this could have been handled a lot better tho.
nubbins`: there's a certain amount of foreboding built into the word "swarm"
mircea_popescu: it sits atop a volcano pretty much
mjr_: i, as a kid, read a LOT of Howard Pyle books, and used to love medieval heraldry and armor
mjr_: maybe a beast regardant
mjr_: i think the crest might need a bird of prey displayed with wings elevated
ThickAsThieves: thats a wiki man
jcpham: i will give you a paragraph
jcpham: you want a paragraph?
Rulother: The n in montjoie, seems like it's off by a bit
jcpham: it's a lifetime of her being "at fault"
jcpham: my mother is a child
jcpham: i just sent a realy nasty message to my mother
mircea_popescu: atop which the king's mother sucking cock on a pike
mircea_popescu: atop which a fucking circus tent
mircea_popescu: ya but i mean see ? there's a helmet, atop which a crown
mjr_: A Lannister always pays his debts?
mircea_popescu: a motto often works well enough, but it's not required.
mircea_popescu: a, the footer can be anything you please.
ThickAsThieves: The footer banner needs a spec as well
ThickAsThieves: he's making a game that has crests in it