302100+ entries in 2.323s
dub: is that the boat that isnt
a boat
chsados: Vbs honest question, are you excited because you own
a ton of AMC shares or because you genuinely think they will be the next asicminer? Do you think the price of 0.0025 is fair?
dub: Vbs: yes we know. Its
a hardcopy asic, they are not new
Vbs: semi-custom uses
a fixed logic structure
Vbs: depends
a lot on the semi-custom structure
mircea_popescu: vbs : 28nm metal-only does not compare with
a good custom design
deadweasel: ok, cos i thought you trying to start
a wafer revolt.
Vbs: this is
a semi-custom asic
Vbs: and do
a specific litography for each client
Vbs: did
a tech post on AMC thread
ThickAsThieves: has this happened to
a btc stock before? falling priceon ame day ipo?
dub: why is everyone with
a wikipedia mask retarded
usagi: TAT he probably is really building
a mining farm
AMC__: No milking going on here, building
a large mining farm.
AMC__: TAT: Yes we are learning
a lot. Thanks.
ThickAsThieves: so when I mentioned I wanted to do
a PT earlier, you immediately mentioned the warrants
mircea_popescu: this is obviously
a specialised financial service, which thus creates
a new market for people to fill.
mircea_popescu: ThickAsThieves if
a stock trades at 2 and you have warrants at 1 it's trivial to obtain credit to cash them in
mircea_popescu: benkay either way. in general i try to conserve capital but it's
a matter of having options.
ThickAsThieves: but ultimately they must pay
a price to even realize that benefit
mircea_popescu: but it's
a good way to pay top level people in any case.
mircea_popescu: it's not
a way to pay the lower level people, as their performance isn't so tied with the overal results
mircea_popescu: if you have
a stock warrant for 10 shares at 1, you bring 10 btc, get 10 shares.
Vbs: I guess
a 16GH/s chips is not enough
mircea_popescu: you have for instance
a definition of
a stock warrant in the definition section
ThickAsThieves: of new shares on MPEx in exchange for mergers or acquisitions in all-stock or stock-and-BTC deals ; or c) through the issuing of Special Stock Warrants as defined, written at
a price no less than the average S.MG price 24 hours prior to the SSW issuance.
ThickAsThieves: (b) MiniGame solemnly promises and warrants never to issue more shares on any other venue nor in any way to fraudulently dilute existing shareholders at any point in the future. All future share issuance will be made only
a) through selling of new shares on MPEx, subject to approval by MPEx, at
a price no less than the thirty day average price then current on MPEx ; or b) through issuing
furuknap: OMG IT'S CRASHING! AMC IS
A SCAM! SELL, SELL, SELL!
ThickAsThieves: "AMC has released 2,000,000 shares yesterday at ฿0.0025 on BitFunder, as
a headstart for
furuknap: C'mon I was just trying to freak out Vbs
a bit...
furuknap: and then kslaughter told me it was all
a joke.
deadweasel: 45,021 in the USA. China will probably turn the tables shortly. needs
a bitbet.
pankkake: "Are you Satoshi? Maybe." ugh, die in
a fire
kakobrekla: >
A bit of both. Bitcoin got so many things right, but in order to implement this host of new ideas and improvements, Im afraid we need
a whole new coin because an organic update process of the Bitcoin protocol would take ages.
gribble: MtGox lag is 1.909351 seconds. During this time, light travels 0.00382631802584 AU. You could have sent
a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
furuknap: I think I was making
a funny, but I seem to have failed.
furuknap: SPRINGFIELD, MO, – June 26, 2013 – Active Mining Corporation (AMC) is announcing today the release of 2,000,000 shares at
a price of 0.0025, in preparation for tomorrow's announcement concerning recent developments in their Research and Development program.
aknap3: It's going to be
a hard fall, but not for Ken
furuknap: That's for when the mining market turns into
a farmer's market.
furuknap: IT'S
A GOLD RUSH! QUICK! EVERYONE BUY SHOVELS!
furuknap: Look at Cognitive too. It's up aroud 100% in just over
a week and there isn't even interesting news. People are mining crazy!
mircea_popescu: by now btc is too smart to actually do this shit. if ripple failed this crap has not
a prayer.
ThickAsThieves: So you get
a market cap of 250 000 BTC, or $25M US at $100/BTC.
mircea_popescu: so my letter to
a new artist guy who just delivered some stuff starts with "I like it, but could you make it more red ?"
mircea_popescu: anyway, there will be
a gamerules announcement, probably before the 15th.
Vbs: will save you
a lot of dev time
deadweasel: I hate these games myself, but if you want to be profitable, just build
a HeyDay or Clash of Clans IOS game clone. Making $500,000 US per day.
Vbs: mircea_popescu: it was
a great idea to support indies tbh
ThickAsThieves: "Anyone anticipating
a price correction on ASICMINER today with speculators snacking up AMC shares like hotcakes on BitFunder and BTC-TC? I have to admit I moved
a bit that way, I don't want to miss out the next chance to get in early on something potentially big. Might be
a nice day to sell some G-ASICMINER PUT's on BitFunder"
deadweasel: as Bitcoin and
a host of others, can enable
deadweasel:
a $6 billion worldwide operation out of Costa
deadweasel: that were involved in Liberty Reserve (
a ThickAsThieves: your culture. If you can't find
a tool, make one. For example, you can turn an admired former employee into
a symbol by giving an award named after that individual, complete with ritual ceremony."
ThickAsThieves: "If you're not happy with your current culture, there are things you can do to start changing it now. Look for
a symbol, story, ritual or other tool you could use to bring out the values and practices you want for your company. Your cultural tool might be
a new corporate logo symbolizing your company's personality. Or you could choose
a story to embody your approach and make it part of
usagi: "Snowden has provided documents detailing how NSA hackers systematically targeted computers and civilian targets in Hong Kong and mainland China over
a four-year period."
mircea_popescu: anyway, i'm sure it'll pay "dividends" for
a while, reach the usual 30% and go away.
mircea_popescu: ThickAsThieves not rly. i mean it's quite plain it's
a scam, right ?
Vbs: ThickAsThieves: they are
a PT for shares on BF
pankkake: making an announcment to announce
a future announcement reminds me of Apple
pankkake: yes, that's what I figured. well if he sells most of it, I'll buy some and try to sell immediately at
a higher price
ThickAsThieves: Company currently represents
a few Avalons and
a few Avalon chip orders
ThickAsThieves: Do people realize they are putting
a $25m value on the company at that price?
kakobrekla: Ryan is
a veteran entrepreneur and Bitcoin guru. Technically and commercially adept, he’s founded several successful startups and remains
a prominent figure in the Bitcoin community.
ThickAsThieves: i went to Best Buy today with the thought of buying myself
a present
mircea_popescu: i find it
a little dubious that i got the sum total of all these pro bullshitters and nobody said
a peep
ThickAsThieves: people saying they dont vote as
a form of protest make no less sense than people that do vote for 1 of 2 idiots that won't make any difference anyway