305300+ entries in 2.241s
mircea_popescu: that i am not biased, but in
a perfect position to implement it
pgp: are you
a bit biased?
pgp: public ledger would make divs
a breeze
pgp: I'm refering to
a idea about moving asset custody. For example, why not have
a mechnism "like" the blockchain to move ASICM to whatever exchange you want.
mircea_popescu: it's not
a matter of miner fees. nonstandard tx are not relayed.
pgp: even with
a miner fee?
pgp: but if there is
a min quantity, that's
a problem
kakobrekla: 23:50.17 ( pgp ) question: is there anything preventing the creation of
a transaction for 0 BTC, < yes, with 0.8xx theres
a min set... cant have txes smaller than i dont remember howmany satoshi
pgp: provided, of course, that every agrees on
a format for such
a comments
pgp: question: is there anything preventing the creation of
a transaction for 0 BTC, but with
a miner fee so that it would pickup up?
topace: hehe well, options might be coming soon (tm) to
a havelock investments near you!
aknap3: I think the setup for transfering between there and mpex has great potential, actually
a model that should be copied
fiat500: so selling before divs is
a great idea assuming theres panic buying before
aknap3: that'll cause
a temporery dip
aknap3: If I were to dump, I'd do it on
a Tuesday
furuknap: "And to sweeten the deal and get those shares moving I've decided to chuck in my bitcoin advertising earnings from my NSFW monetized Porn blogs as
a monthly bonus dividend" <- I mean, c'mon, how can one _not_ take the mining asset market seriously?
mircea_popescu: so ya, maybe we end up with alien messages and am gets
a 1.5bn govt grant to crack it
mircea_popescu: there's
a finite loss to be thus funneled into investor pockets.
mircea_popescu: ThickAsThieves inasmuch as the machines are sold for more than they're worth, the people buying are making
a loss
mircea_popescu: as
a way to even the playing field (figuring moneyed interest will fall in, independent geeky types will avoid it)
ThickAsThieves: but can they not stay
a leg up for the foreeable future?
mircea_popescu: mining is
a commodified market with large excess capacity
furuknap: I've read it previously. I was attending that thread
a bit later on.
jborkl:
A very technically proficient operator with poorer equipment, can still do well. You have to be good though
furuknap: I also know that, I'm
a big fan of numbersd, remember? :-) I've run the scenarios so many times I see Excel sheets in the back of my eyelids when I blink.
jborkl: The quality of the mining operator, makes
a huge difference.
A technically challenged person will have
a very hard time- even with good equipment
mircea_popescu: here's
a hint : it is not, overall,
a profitable venture on
a cash basis approach
furuknap: This is the halving effect I've been touting for the past few weeks in practice. We know that once
a more powerful bond comes online, the less powerful bonds will drop in dividends. It's simple math, plus and minus. So why aren't anyone even noticing this?
ThickAsThieves: at least with AM, you know they will hold
a % of the network
ThickAsThieves: personally i dont understand why anyone would buy
a fixed-hash mining asset, unless they were trying to short-term speculate to sell
furuknap: Then there's 100TH, which granted isn't delivering yet, but let's just forego that and chalk it up to risk and look at expected revenue. 100TH is fixed at 200MH/s, and if things go according to plan, that will be operational sometime this summer, let's sau August to pick
a date.
furuknap: However, they are capped now at 3MH/s per share and will forever be capped at 15 MH/s when their new ASICs arrive. Which is fine. It's
a fixed rate, people should know what they're buying.
furuknap: PAJKA bonds are nice little animals run by
a seemingly honest person that has been chugging along nicely and yielding
a reasonable profit.
inhies: knowing the trading patterns of other bots, when the mean bot saw that the nice bot was gonna start buying, mean bot buys first and then sells to nice bot at
a markup
qxzn: There are
a couple reasons to trade. 1: you are investing. In that case, you don't care about bots. 2: you are arbing/providing liquidity. in that case, you should have bots because it's more efficient in terms of human labor. 3: you are speculating / doing "thinky" fundamentals trading. see case 1.
mircea_popescu: <qxzn> eh, I'm skeptical of the valuable of having
a bunch of novice traders bouncing around these exchanges <<
qxzn: eh, I'm skeptical of the valuable of having
a bunch of novice traders bouncing around these exchanges
qxzn: (by "without
a computer" i mean "without
a bot")
qxzn: if you are trying to provide liquidity on
a stock exchange without
a computer, you're going to be frustrated
mircea_popescu: if he knows
a bot will cover to 18-18 then he knows he gets fair odds
ThickAsThieves: it would be hard, but I wish there was
a way to study it
qxzn: mircea_popescu this is
a losing argument
mircea_popescu: the human either has
a side or doesn't. if he doesn't he;s not betting anyway.
ThickAsThieves: if i had
a site like that I'd fuck with the html daily to mess with botters
ThickAsThieves: yeah it was rejected
a while back, but
a man can dream
deadweasel: trying to get in at the last second with
a big bet
deadweasel: you'd make
a lot in bets that were sent just past closing too
truffles: if it helps with
a zombi apocalypse sure
truffles: theres
a guy with alias rg that talks
a lot in -otc?
gribble: MtGox lag is 1.715716 seconds. During this time, light travels 0.00343827565389 AU. You could have sent
a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
gribble: Error: "lag" is not
a valid command.
furuknap:
A lot of people still trade on EMAs, as do bots. It's no clear prediction, but an indication. The world could end tomorrow, you don't stay away from trading just because of that.
furuknap: There should be
a ;;slap command.
furuknap: So it's
a trust thing, not
a fundamental valuation. That's fine, I understand. Thanks for your input :-)
Chaaang-Noi: but if you hold AM and worry about other asics then its
a good option to hold some
Chaaang-Noi: furuknap he is
a long time mining op that has fpga and gpus, but is also now doing asics both bfl and avalon, its
a good hedge if you hold asic miner
furuknap: Chaang, help me understand Cognitive
a bit, if you please...
joecool: could have
a cigarette hiding in there
truffles: u find 1/4 can of alcohol, do u
a) chug or b) throw out
deadweasel: I've only ever been in
a 4.2 here in maine last year. I thought tanks were surrounding the building.
joecool: the only one i felt was the one in VA
a couple years ago
joecool: deadweasel: it's
a deep one though
deadweasel: frankly, I wonder where the development will come from. What if the 'devs' all go to
a conference and their bus collapses through the I-5 bridge?
truffles: bitcoins are
a fad though so no worries there : p
truffles: ure not
a young guy eh, rogering lol
deadweasel: women are simple creatures too. they just want
a good rogering.
deadweasel: most of the time, actually. hell, I'll settle for
a handy.
deadweasel: truffles, they go for dumb/insecure yes, but only because it's easy. The only feeling they get out of it is
a blow job.