log☇︎
305700+ entries in 2.343s
assbot: How can I be of assistance, my poor man?
MJR_: yeah, I think understanding net present value may be beyond some members of the bitcoin community
MJR_: Hmmm I think I am going to enter the WOT today
FabianB_: dunno if i like to include chinese and persian as long as the clients documentation itself is just english
FabianB_: ok, in case i release my client to the public i'll include it in all releases; in case i don't maintain it anymore i'll make a release with FAQ removed with just a link to then current mpex site
mircea_popescu: i want you to commit that all new versions will include a faq current at the time of their release.
jborkl: I am on my phone trying to get android to work
MJR_: I suppose it depends on the client
MJR_: Lol, I thought we were the Internet gods
mircea_popescu: if this is not contrary to what you'd expect i dunno what is
Namworld: I can't seem to find a good website that lists commands and common operations
Namworld: Ah, thanks. I keep forgetting how to write the command.
MJR_: I am trying out a new irc client
Namworld: How do I encrypt with MPEx's public key?
MJR_: Yeah I was worried about that
mircea_popescu: MJR_ i am having a few set up.
MJR_: I think that guy is on meth before every show
MJR_: I read it
mircea_popescu: i like being the first one with the neg.
mircea_popescu: Anduck i rated pirate before his scam went bust
Bowjob: i see little fiat
Bowjob: mhm, i see lots of resistance before 50
Chaang-Noi: i guess we are going to keep on trucking up
assbot: I don't give a shit who saw what and who did what or who did who.
Bowjob: I would have dumped more fiat into it
Bowjob: I'll be like, yeah I'll sell you $500 worth for 0.5 BTC, just remember it could go down, ect
Bowjob: I'm looking forward to the day that that guy still hasn't bought a coin where BTC reaches $1000
Bowjob: I told him I'll sell him $100 worth for 2 BTC. They wanted 5. They could have gotten 5+ from me back in Jan
Bowjob: I told him hey, I think BTC will go up. I've put a bit of fiat in it to show my conviction
Bowjob: I told an acquiantance about BTC when they were 17 dollars, they were on the fence about it. They wanted to buy at 28 dollars, but got scared when the price dropped to $20
Bowjob: .. i am not willing to put myself through that again
Bowjob: I didn't know if the guy was a scammer or not
Bowjob: I lent some $100 worth of BTC back in january for 3 weeks
Bowjob: "I should have no problem repaying this as long as BTC stays bellow $41.66 ... if it goes above we would need to work something out for a bit more time to repay."
Bowjob: I cleared a land mine. heh
Bowjob: Damn, and to think I thought I was gonna send him some BTC
Bowjob: i forgot her name
Anduck: i would've laugh at him
Bowjob: i doubt it lol
Bowjob: i feel bad for his kid
Bowjob: i didnt tell him about bitcoins.. hes too rich already
Bowjob: i thought that was the whole point of life in vancouver. be the landowner master race
Bowjob: i just a fucking house in vancouver
BitHub: nice i want to see 50 after weekend tho
BitHub: actually mircea i would just be making movies
BitHub: i guess its boring when you're not just burning through it without caring
BitHub: i'm pretty sure i would be dead within a month, i would just go to psycho with the money
BitHub: that's true, good thing i've got no friends so i would just help my family
BitHub: but i solved them
BitHub: well first step i would look at all the people in my life, family and really close friends and solve all their money problems
BitHub: hmm what would i do
mircea_popescu: heck, i know plenty of bored rich people.
BitHub: i'm bored but i'm poor
BitHub: i don't get it mircea
BitHub: heh i heard that's the best place to setup a company
mircea_popescu: toffoo i sold everythign and went to costa rica, basically.
mircea_popescu: toffoo i don't think it'll be too soon.
zefir: i'm 40
mircea_popescu: zefir BitHub i guess there's about 20 years keeping you apart.
toffoo: well i imagine you'll retire a second time from mpex someday soon,
BitHub: i want a stable
BitHub: if i send you some btc
BitHub: chaaang i'm thinking
Chaang-Noi: ahh zefir i got a thai wife, thats the smart way to do it:)
zefir: Goat, it can't be that easy. but well, my problem is my wife will not follow to Thailand, so i'm out for now :(
mircea_popescu: i am.
BitHub: that's what i would do if i was bored
Bowjob: woudlnt it be grand if i make money here
Bowjob: thats what i spend on a nice meal in vancouver
mircea_popescu: i've done it already. retirement is boring as shit.
BitHub: i might do the same and go to phils
zefir: ok, so like 10k coins and i'm done. that is 1.5BTC per ASICMINER and you see me there ;)
Bowjob: $15,000.. thats what I earned 2 years ago as a cashier
Chaang-Noi: zefir i have a wife and a kid, very nice house, and everything, i live very well here on $15,000 a year
zefir: Goat, how much coins do i need in hand to retire in Thailand?
BitHub: let me know when it gets to 1.5 or 2 - i'm out then.
Chaang-Noi: i think we could go higher, but i can part with 25 :)
zefir: i have the remaining shares for you. 1BTC each ;)
Chaang-Noi: yeah zefir, i bought back much of what i sold around .5 to .6
zefir: 0.9 is tempting for a quick buck i must say. but if bitcoin as a whole takes of (like is currently doing) long term, holding some asicminer could be your retirement ;)
BitHub: can i buy anything?
BitHub: i'm ready to buy now
mircea_popescu: the actual asic producer has not yet been born i would guess.
BitHub: i need to buy one hey
zefir: not right, my BFLS are the most stable mining devices i had so far
Chaang-Noi: and honestly bfl is 1.5 months away at best i think, if we get to 12 th and then 60 th, we will be killing it:)
Chaang-Noi: zefir i think they can hold on average 10% of the network for 2 years
Chaang-Noi: i expect this weeks or next weeks dividend to be awesome, and thus make more demand
BitHub: i might cash out
Chaang-Noi: i was told he has 60,000 btc locked in his offline never spend coins
midnightmagic: I don't even bother RMA'ing my GPU anymore. Total waste of time.
midnightmagic: I mean my GPU and FPGA. I've been itching to do some FPGA development for some time now.
midnightmagic: I'll tell you one thing. I am *SO* looking forward to the near-future day when I can shut all my g-d miners right the hell off.
Bowjob: heck, if this becomes profitable for me I'll rent a warehouse
mircea_popescu: midnightmagic i'd guess electricity will never be the bound. fixed costs amortisation will always be larger from now on
midnightmagic: I'm fairly sure that electricity won't be the lower bound of price for some time. The first time was market reaction to the bubble crash, and lots of doofuses predicting the death of bitcoin.
midnightmagic: Heck, I was about to order one from cablepair before he went insane.
midnightmagic: Diversity of hardware in the event of asic doomsday, ethics of ngzhang, BFL's past history of late delivery, and I've been mining since Dec '10.
midnightmagic: Bowjob: What was I thinking for batch #1?
mircea_popescu: Bowjob i think midnightmagic bought some, you can ask him