306800+ entries in 2.46s

furuknap: I've only seen him post in Russian, thought, and my Russian is
a bit rusty.
furuknap: It is bitfury. So far as I've researched now, and excuse my noobishness if this is obvious, he's
a Russian guy that had some incredible talent with FPGAs and then went on to design ASICs.
Chaang-Noi: bitfury is
a better name than bitfurry :)
Chaang-Noi: from the lack of people who i knew that invested in it or think its
a good idea
furuknap: I just wanted to know how many IPO shares they sold so I could put it into
a model to see if it's profitable.
Chaang-Noi: nall the can do is lock up some fiat, who gives
a fuck
truffles: changing the world is
a tall order
optimator: deadweasel: i just tried
a sorghum beer - not bad
deadweasel: it sure seems like there is
a correlation between the loudest BTC voices the most mentally unstable.
deadweasel: truffles, I think of #assets as more of
a pulse than
a clique, it's
a good place to cut through the bitcoin FUD as it floods up to our necks.
furuknap: Namworld: So far, the Swedes are the ones that attempts the smallest process of 28nm. Current AM is 130nm. It will take
a long time to get smaller process right, as I understand it.
Namworld: Friedcat should start developping
a second chip
ThickAsThieves: but it's not exactly
a strategy to payout all the monies
ThickAsThieves: I like how everyone is thanking Friedcat for paying high divs as
a strategy
deadweasel: truffles you're clearly ruining our sausagefest in here, at least pretend to own
a johnson.
furuknap: I'm not
a girl if you were asking me...
furuknap: Actually, I wasn't trying to make
a point of it, I was just responding to
a question about what I thought of the project. From the projects I have evaluated, those were distinguishing characteristics in addition to
a growing confidence that such
a delivery is technically feasible. Two months ago, I probably wouldn't have given it
a second glance.
furuknap: Of course IF (again intentionally) this is legit AND they deliver within
a reasonable time frame, the proposition is
a gold mine, perhaps more so than AM even.
furuknap: I understand that, and I eat so much salt these days, I'll be
a mummy by the end of the summer. This doesn't smell right though (and right here would be scam).
mircea_popescu: 're new. pigeons has been here through the scams. when he says "not an effectual heuristic" he is speaking from
a place of pain.
pigeons: there are pages of debate today on bitcointalk about how this site that you pay .25 btc for him to mine .3 btc for you on his nvidias cant be
a scam because people have been getting paid
furuknap: Again, it seems way too much effort for essentially peanuts. I don't know. Might throw
a few coins there to see if it sticks.
mircea_popescu: furuknap i have yet to see
a pgp signed declaration from any of these people.
furuknap: Deson't matter if they care for it. They could have done it without. IF (and I capitalized that intentionally) the people in tne BP are the real people and not just
a Google image search, what possible reason could they have for adding their names when they don't have to?
pigeons: if he was
a scammer he would do it for more money is not an effective heuristic
furuknap: Well, I doubt he'd risk his name and reputation for
a few million either...
furuknap: Faking
a couple of results from their bio work would probably yields orders of magnitude more reward. They're putting their own names on the line so they'll have to disappear anyway, so why not scam for $50million instead?
furuknap: The business plan, the picostocks setup, the putting your name on the line. At the time, there weren't asking for much. It's become
a lot since then, but at the time, I mean, if you wanted to scam someone, at least you should do it big.
furuknap: I think the entire community is skeptical due to some key providers being late and scams. AM showed it's possible. The swedes work with very reputable companies. 100TH certainly has put
a lot of effort into what at the time seemed like
a peanut reward.
ThickAsThieves: Is there any evidence from any unproven ASIC provider that shows any reason to assume it's
a lie til it ships?
furuknap: On 100th? Not sure. It looks
a bit too good to be true.
mircea_popescu: the story is that they had
a 1mn ish investmenty with tom van ripyou of basic
mircea_popescu: best indication ever that auschwitz was
a bad idea : the jews didn't fight back at all.
mircea_popescu: he made it and then there was suddenly
a desire for it, five years down the line
mircea_popescu: arrington didn't appear because there was
a desire for tech crunch
furuknap: Exactly, but to get there, there needs to be
a desire for professional information that is more visible. I'm testing the market with
a new mining book in
a few weeks (maybe
a couple of months, depending on whether I move from Norway). Having some experience from publishing, I'd use that to understand the market and what people want.
furuknap: Yeah, I'd love to do that, MP, but seriously, I'm not
a finance guy. I understand the math, but I'm more technical than would make me
a financial person of any repoute.
mircea_popescu: anyone starting
a blog now on the topic and sticking to it professionally will be the gigaom/whatever of bitcoin in
a decade.
furuknap: Yeah, but you also thinks the math looks like it support
a price above 1.8.
furuknap: Think of it as
a web base database with tons of services and user configuration and db design. It's an accident waitning to happen (and has happened) but it's widely adopted now.
furuknap: Yeah, the early stuff was pretty bad and distributed in two versions. One free was an extension of SharePoint and
a server verson which was nothing of the sorts.
ThickAsThieves: is that the one that was basically Outlook on
a stick?
truffles: not
a fan of ur writing style ...
furuknap: Yup, at least the ones that are available. I've done
a couple of private ones too. All IT, though.
furuknap: You can hang on for
a couple of days and the next one is out free. I'd be happy to send you other copies though.
furuknap: This one is free. It's part of
a test I'm running to see if I can get
a better way of providing information to people. My other 20ish books cost around $20 each.
ThickAsThieves: the guy has been supplying this chart, noted no tips, so I thought hmm, I'll back him up
a little and see where it goes
mircea_popescu: furuknap i didn't even know there's
a sharepoint community
furuknap: SharePoint is
a business app platform from Microsoft.
furuknap: mp, I'm mostly recognized in the SharePoint community where there are two community players that run highly successful ad servics for bloggers and services. I've reached out to one of them who is also
a sponsor for my next book and asked whether she'd be willing to look at
a similar service for BTC community.
furuknap: I realize people buy on far more than ROI. I don't. Even if the price goes up to 2.5, it will still be within what I'm perfectly comfortable 'loosing' by just taking 1.10 per share (and even
a bit more since I got
a few of the waves right).
furuknap: No, I'm assuming there's no support for
a price above 1.50ish even at twice the rate that friedcat predicts.
furuknap: I've doubled my money in
a month and not taken any risk. I'm perfectly capable of living with not getting the last few drops of the can.
furuknap: Nobody ever lost from walking away with
a profit.
furuknap: Right now, we're rapidly trending towards negative ROI if friedcat achieves everything he says. That's not
a chance in hell.
furuknap: No, it wouldn't, and that kind of argument isn't really effective. There's
a major difference of evaluating risk and not standing
a chance in hell.
furuknap: There must be
a serious correction or
a lot of people are going to be very angry at the cat.
furuknap: It's priced now as to not stand
a chance in 2016. That'll kill
a lot of dreams...
Chaang-Noi: i think it is over valued, its only to protect myself from
a sudden bfl shipping, however it is looking less and less likely that that will happen any time soon
Chaang-Noi: they do have
a real business, and ahve been around
a long time, but they are not exactly racking in the btc at this point
Chaang-Noi: yeah its just the most action downward i have seen from them in
a while
mircea_popescu: Chaang-Noi well i dunno if 5btc counts as
a selloff if they have an actual business then.
mircea_popescu: However I will still be able to breathe inside the house, plus drink and eat reasonably well. So my lifestyle, which was originally fit for
a king, is still fit for
a travelling salesman.
Chaang-Noi: cognitive is
a smallish mining operations with mostly gpus and some fpgas
mircea_popescu: must suck to be black and with
a normal penis these days
Chaang-Noi: yeah, i understand, im not 100% sure but id say 70% he is just
a crazy
mircea_popescu: "Shit, if
a tall and beautiful woman shows up at
a Bitcoin conference we're all doomed anyway. "
furuknap: After reading
a bit now, I vote for nutter too.
Chaang-Noi: yeah it can be done, sure. im just impressed, but i still dont think he is
a troll, just
a nutter
Chaang-Noi: sure but really, if this was just
a troll buying 700 btc is pretty into it
Chaang-Noi: if this guy is AS and reptillia too, mad props, sending 93k usd as part of
a trolling operation is epic shit
mircea_popescu: they certainly did
a lot better than any of teh bitcoin ppl on their own forum.
mircea_popescu: i wonder if there's going to be
a forum ambassador nao
Chaang-Noi: The meeting with the doctor ended in
a mutual agreement that I am too manic to continue posting on this forum.
mircea_popescu: " To say that
a young woman has
a vagina or that she has sexual intercourse is an affront to her modesty that is not tolerated. The correct and expected reference is to her cunt and to fucking."
davout: ThickAsThieves: it is
a nice marketing stunt