305100+ entries in 2.466s
Chaaang-Noi: sadly i dont send anyone btc uless i have trusted them for over
a year :/ no idea who tese guys are
ericmuyser: even with
a huge wall at 2.44, the spread on AM has only gotten smaller and smaller :)
mjr___: i just added
a bunch of new features
furuknap: Geez, people are bidding ฿25 for
a single Jalapeno in hand.
KingCoin: i want to start
a candian exchange
furuknap: Yeah... Well, the problem is, I don't understand the exchange business much so I find it extremely hard to evaluate shares. I bought
a few more in support of Neotrix than from
a hope of profit.
furuknap: Well, technically, I still had
a few SDICE to unload at
a slight loss, but I had written that off before the whole US thing burst.
furuknap: Yeah, I hold
a few too. I have
a nagging feeling this may be my first loss this month :-(
furuknap: Why to tech people handle business stuff? They wouldn't want
a BA to come in to their data center and start mucking around. Why do they assume that it's OK for them to try it at business?
fiat500: jurov: u might be in for
a rough ride
furuknap: It's not
a lie if I believe it!
furuknap: OMG, it's up from -4.4 to 0.03 in just 30 minutes. At this rate, it will be 7905 PH/s in
a year! We're all gonna die!
fiat500: its pretty darn impressive tho, that there is
a long sequence of blocks solved by ASICminer themselves
fiat500: ^ what
a horrific headline
furuknap: So yeah, there are
a few percents off.
furuknap: Cool, I'll recalculate with -4.4 instead. We'll be rich in
a few days.
furuknap: It is more profitable in
a two-year timeframe with all the assumptions coming true. If any of them don't then all hell breaks loose...
furuknap: Good point, I'll add
a reminder.
fiat500: topace: does havelock have
a (pull) API?
furuknap: I just need
a number to illustrate reinvestment cost to maintain hashrate, but my Google-foo couldn't find
a friedcat mention of that number.
furuknap: They're only abale to do that because nobody else is shipping. Will you still pay $5K for
a 10GH/s in one year?
furuknap: What was the previous increase btc? Just to have as
a point of reference...
furuknap: Sure, and some weeks, it may be
a bit lower, but doesn't really matter, I'm just picking some random scenarios for an article.
furuknap: And is that just
a complete random number or do you think it is based on at least some rational thought?
ThickAsThieves: that gives you an easy number to make
a formula with too
deadweasel: i dunno, i figure it's the ltc of mining, but I was gonna take
a look
error4733: yep, is mad ! so eric you still have
a chance
ThickAsThieves: he merely helped me clarify my desires for them as
a company
fiat500:
a 300MH/s usb stick that generates < $1/month isnt that
fiat500: ThickAsThieves: its
a bit of
a stretch though, HP built hardware that people could do work/play on
Chaaang-Noi: <ericmuyser> "i want 0.02 divs!" *buys in and loses 0.8 from the drop* you will be even in
a month :)
ThickAsThieves: while sorting
a way to transcend the traditonal mining market
Chaaang-Noi: pretty sure i would be called
a terrorist by many jounilist ffor killing off stupid journilitz
deadweasel: lol, i think you should be able to pick up
a drone online in the next 10 years
Chaaang-Noi: all we need is to find one pedo making
a drug purchas and we can kill of fiat right?
Chaaang-Noi: cuz
a drug dealer and
a pedo uses usd , we should make it illegal
deadweasel: he probably ran
a tor relay once so they are saying he funded his busiess via cp
gribble: Error: "e" is not
a valid command.
fiat500: what is AM doing halving their hashrate like that? if its intentional thats one thing - if its
a hardware flaw thats
a problem
fiat500: lol yeah dont print your paper wallet at
a kinko's
fiat500: Chaaang-Noi: i have
a laser printer here that i use once or twice
a year
Chaaang-Noi: and i would rather waste $100 on
a printer than lose $100,000 in btc
maz0: man seems like
a waste. thats what I use the printer in work for
Scrat: they also don't seem to last for more than
a year
Chaaang-Noi: like if i use it once
a month it will be fine?
Chaaang-Noi: why would he try to sell
a 10k usd car for 20k usd?
bdk_kluge: Oh. I don't know jack shit about diamonds, but he designed
a ring for me something like
a year ago and was pretty great throughout. I don't think he liked our design choices, though, lol
Chaaang-Noi: trying to get
a value on something he is selling, but i think its just way too high
ThickAsThieves: I had
a HSBC credit card
a long time ago, and one day they sent me this offer that essentially would result in
a much higher APR through some scheme
ThickAsThieves: Namworld needs
a new way to store his ill-gotten money
bdk_kluge: Wait... Who were the jerk-offs who made the metal coins and put
a nominal dollar amount on them?
dub: Namworld: its obviously not acutally transfering btc, its just
a distributed credit ledger
cole_albon: I think the speed of ripple transactions makes it superior to bitcoin as
a payment system.
Namworld: Ok, so I have purchased 0.01 BTC from Weexchange BTC orderbook and 0.01 BTC from Bitstamp BTC orderbook. I had 0.02 BTC in my account in balance summary. I then proceeded to place
a 1 BTC sale order on the Weexchange BTC orderbook.
jborkl: why i dont want your IOU for
a cheeseburger, thanks anyway
jborkl: ripple did not create any value, or take any effort to create.therefore in
a proof of work/effort concept of monetary supply is worthless
Namworld: Mr. Idiot gives BitStamp 5 BTC. BitStamp gives the user
a 5 BTC on Ripple, issued by BitStamp.
Namworld: User uses BitStamp as
a gateway. He gives bitstamp 5 BTC, which then gives that person
a 5 BTC IOU issued by BitStamp.
Namworld: In #3 the guy in the cab realizes suddenly he's holding valueless USD issued by
a little girl
mircea_popescu: is that his cook knows, and the cook fucks this girl on the side who's owned by this guy who owes me
a carrot.
Namworld: He shows that he can have
a 1 billion BTC balance by issuing it.
Namworld: Maybe if I had
a more complex trust network...
Namworld: One BTC issued by Weexchange.co is different from 1 BTC issued by BitStamp. If you have 1 BTC issued by BitStamp, you can't trade it for someone wanting
a Weexchange.co BTC
[\]: there's
a reason why its called ripple
dub: they give you access to
a market for one
mircea_popescu: the developers stupidly assume this happens because never before have there been on the face of the earth genius developers to make
a ripple.
Namworld: Well it's pretty much the same. Bitstamp is an issuer on Ripple. You either have
a number on BitStamp or on Ripple of have X of currency Y owed to you by them.
mircea_popescu: Namworld i wouldn't deposit money in mtgox because the mtgox risk requires
a premium
mircea_popescu: pigeons you want to give that
a read say if i've fucked up anything ?