306900+ entries in 2.466s
davout: like i repeated like 10 times now, some investor large enough to give
a fuck about it will simply clone the website and make it available in the US without erik being able to do jack shit about it
Chaang-Noi: so the only thing eric does in
a year of development is ban 1/2 its users, hmm
Chaang-Noi: reptillia wants to be
a supper node, but he just be crazy...
Chaang-Noi: he wanted to do
a trade with me with out escrow, red flags went up, just m gut reaction
mircea_popescu: i don't think he's
a scammer, he seems like
a kid with mostly good ideas ocasionally getting ahead of himself.
Chaang-Noi: ihad him on ignore for
a month now cuz i thought he was
a scammer
jurov: sorry for spamming I really cannot even: I sent only
a 2-ppl detachment to the Bay area, but they are my Ambassadors and have full authority to spend as many bitcoins as deemed necessary to subdue all, as well as I myself am subdued under the authority of Finnish government right now.
Chaang-Noi: not sure how reptillia can be
a supernode he is going to try and bull
a satoshi
jurov: As for safety, I do not know any official classification of this place, but my gut feeling is that in order for anyone (which means, anyone) to take me out of here alive, it requires an operation that cannot be planned in secret, and the lead time is minimum 48 hours. If dead, it can be achieved relatively quickly, but there will be considerable (100,000+) collateral damage if the success needs to be achieved at
a greater than 75% probability.
furuknap: Yeah, I can't wait to rush in. I get
a seat at
a round table! Weeee!
Chaaaang-Noi: fuck i need coffee, even i have
a hard time reading what i said...
louong: lol, it's
a risky investment with
a risky currency
Chaaaang-Noi: yeah.. when i invest in
a crazy high risk thing like bitcoin, i thin that that bitcoin and invest it in some chinese chip maker:) sounds really really "safe"
furuknap: louong: Of course, but for taking risks, I'd like
a better reward than 5%.
louong: haha, we're talking about
a bitcoin investment
furuknap: I'm not trolling in any way. I don't see the insane value in AM that some people are paying these days. I've run the numbers and they're showing
a 5% yield at these levels on
a 10% average hash rate for the next 6 years. If they beat that, it's
a bonus.
furuknap: Leading
a race with just one horse isn't really an accomplishment.
dub: furuknap: you've made
a mistake
Chaaaang-Noi: they are selling kit, and about to sell
a shit load more kit, usb whateverz
Chaaaang-Noi: i trust friedcat, iv worked with him with different things for well over
a year, and i blindly gave him money (bought stocks)just cuz of trust. i trust him before and trust him much more now
furuknap: That's what I'm trying to get through the people. 5% yield is almost
a scam with the risks involved.
dub: they could have
a more realistic view of the share value
furuknap: That would cause
a similiar crash.
furuknap: I do actually believe in AM as
a long-term prospect so that's why I try to get people aware of the dangers. I'd like to see AM at around 1.3 as that price with projected dividends would roughly defend
a 15-20% yield until the 6.25 halving.
furuknap: Right now, AM has become too much of
a gamble for me.
dub: if you were
a dude called marion you'd smoke crack too
pgp: pretty sure that their gonna introduce
a similar model
dub: its like
a barrel roll
Namworld: It was planned like
a long time ago
Namworld: it's been on the api for
a long while
davout: gribble: Error: "yo" is not
a valid command.
jcpham: mostly because i've read
a good bit of your posts on the forum and i know how intelligent you are
Namworld: So I need to kno on if it's direct or
a PT
Namworld: jurov: I mean if someone wanted to sell
a larger amount at current bids.
jurov: lol they are already selling at
a discount
Namworld: Would like to bulk buy
a bit of SatoshiDice shares if anyone is selling at
a discount.
mircea_popescu: anyway, funny. "are you
a doctor ? " "yes i am" "where's your diploma ?" "Well i'm in school and really being
a doctor is more of
a philosophical point
mircea_popescu: got
a brick through the window scribbled in lipstick with "your application is under review, don;'t call us we'll call you" ?
ThickAsThieves: "We have received this question
a lot, and the direct answer is that our application is under review by FinCEN. However to be honest compliance is far more complicated so boiling it down to FinCEN check box is overly simplistic."
benkay: but that's neither here nor there. the point is to put
a bitcoin tip address on all of the splash screens amirite?
Bunnyh: it might take
a while until i get to see that address in debian stable. even
a 0.01 BTC donation should be huge then
davout: ok, i'll push it, i'll promise
a 5 BTC donation, can I tell him I have already some folks who committed to donating ?
davout: would you donate if vim displayed
a bitcoin address on its splash screen ? (got
a reply from bram molenaar after emailing him about it)
mircea_popescu: actually something like that i'd like to see. costs you 100k
a year to live in London. tyou don'ty like it, move to wolverhampton
mircea_popescu: heck, you weren't even allowed in medieval german towns unless you were
a burgher
mircea_popescu: even earlier. pick
a time and place, they had some sort of town screwdown.
mircea_popescu: freedom is great for rural areas. to live in
a city you must necessarily be very, very submissive.
ThickAsThieves: my mom sent me this email today: "Subj: Klout.com - I just saw
a thing on Nightline about it. Kinda like Linkedin I think....only they rate you with
a number...not for me...lol....but I am curious what you think about it...?"
mircea_popescu: benkay consider : myspace sold itself for
a bn. back
a decade ago, before the qe. groupon's COMPETITOR is valued north of 3bn, after shedding
a lot of valuation.
mircea_popescu: for the sort of position, for the sort of circumstance, 1 bn is
a joke.
mircea_popescu: and now you're getting all excited cause erik is playing
a lot of defense
benkay: now if you take those things to ipo, you too can make out like
a bandit
mircea_popescu: 's moving stuff back and forth he's providing liquidity which is still
a service.
benkay: but don't expect to make out like
a gangster
benkay: if you don't deliver value to
a company, don't expect them to deliver returns to your pocket
benkay: you for like
a few hundred years or something
mircea_popescu: the market is
a voting machine doubling as
a weighing machine
mircea_popescu: as far as i know there's
a total of three people actually qualified to be doing this.
mircea_popescu: depends if you're
a daytrader marking to market on
a daily basis.
mircea_popescu: the idea is for btc to be
a safer place than anywhere else, not some mythical land you raid now and again
mircea_popescu: the great advantage of btc is that it'sd
a perfectly even ideal field on which everyone's understanding can be tested
ThickAsThieves: but it doesnt protect investors from
a number of things that could easily circumvent the contract into worthlessness
benkay: it's not
a terribly common perspective...
mircea_popescu: if this is
a spark but not
a fire then what can io tell you
truffles:
a year or 2 is mature now hehehe
mircea_popescu: in my mind investors are making
a revenue from their holding