311600+ entries in 2.18s
Namworld: oh wow... the quote: "We don’t really know how this coin is created. You can’t have
a functional money without
a basic transparency."
jborkl: 480v with
a transformer
jborkl: I have places for all of mine, already drawing
a bunch from GPU's
jcpham: it would need 7 power cords going to maxxed out terminal is
a US home
jborkl: and that is without
a host
jcpham: jborkl that's an insane number for
a minirig
jborkl: 8800w for
a minirig, even though those are not shipping
jborkl: looks like it is going to be approx 300w for
a single, whenif they show up
mircea_popescu: im not gonna. guy's entitled to being stupid ocasionalyl, he has
a name.
Lyspooner: mircea_popescu, you do
a good job of chronicling those articles or instances of great stupidity. please keep this steve forbes article in your archives for future reference
Scrat: using that to make
a point
Scrat: what
a retarded measurement system
Scrat:
A mile has 5280 feet < lol
Lyspooner: Money is most optimal when it is fixed in value just as commerce is facilitated when we have fixed weights and measures. When you buy
a pound of hamburger you expect to get 16 ounces of meat. An hour has 60 minutes.
A mile has 5280 feet. These measurements don’t “float.”
jborkl: I am assuming SD is undergoin
a DDOS attack now
Luke-Jr: jcpham: even if it weren't
a scam, it defeats the point of mining even more than centralized pools
Diablo-D3: pgp: wont be after asicminer unleashes
a 200th load all over your face
Namworld: [15:13] <kakobrekla> also wtf "even if you were to take over the network people would see it comming....... you cant fllip
a switch and take 51% of the network"
pgp: does he really have
a .ru email address?
mircea_popescu: sounds
a lot like the internet is not like
a truck argument.
kakobrekla: also wtf "even if you were to take over the network people would see it comming....... you cant fllip
a switch and take 51% of the network"
pgp: "krugman is
a complete bimbo"
jcpham: who's got
a bridge for sale?
joecool: i wonder if he lives under
a bridge, i notice there's
a bridge in the background behind him
Bugpowder: Wow. I never actually watched Max. He really looks and sounds like
a troll.
jborkl: well
a block just went through, still over 5000
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent
a bitcoin ... nowhere, really (0 AU).
mircea_popescu: basically the internet is this place where funny just grows. like
a sort of agar for humor.
mircea_popescu: only to immediately realise that
a. yes it is, b. they're getting banged and c. that's actually when you were there.
mircea_popescu: that awkward moment when you're watching
a vid of some girls going down some stairs and exlaim "wait
a second, this is that hotel in belgrade"
joecool: that's
a minesweeping tactic
jcpham: never found
a single mine
error4733: so its 5 letter max ! sounds
a bad passphrase !
error4733: did she ask how reddem
a private key yesterday ?
deadweasel_work: just tell her you love her and don't dutch oven her. that should be good for
a while.
error4733: ask for
a second round, best compliment ever
Scrat: jcpham: sounds like
a good wife
Bugpowder: I wonder how much added liquidity is
a result of the reduced fees from couting all the volume during the free trade period towards current fee schedule.
jcpham: my wife just brought me
a sandwich and walked out\
kakobrekla: yeah i pasted
a link to the book when it was showing that
kakobrekla: yeah mp you really should have picked
a different dish
mircea_popescu: you know what's more idiotic than claiming you're
a millionaire while begging for free pizza ?
Bugpowder: You know what's cooler than claiming
a $100,000 investment in BTC? Claiming
a $10,000,000 investment.
mircea_popescu: there's
a bunch of people looking to verbally invest into btc
gribble: MtGox lag is 18.6353 seconds. During this time, light travels 0.0373449325488 AU. You could have sent
a bitcoin ten times between Earth and Moon (0.0257 AU).
Bugpowder: it was just
a temporary setback guys
Namworld: 614k is probably less than actual BTC traded, probably
a good chunk of back and forth
pgp: 24h volume is 614k on gox - my, my, that's
a lot of coin
gribble: MtGox lag is 2.067305 seconds. During this time, light travels 0.0041428560733 AU. You could have sent
a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
gribble: MtGox lag is 8.284369 seconds. During this time, light travels 0.0166017827196 AU. You could have sent
a bitcoin one full loop along the orbit of the Moon around Earth (0.016 AU).
mircea_popescu: the chief idea here is that mechanisms that exist to make this
a market, and serious, and worth money, and respectable,
mircea_popescu: we are looking into it, but overall it's
a difficult argument.
jborkl: micrea_popescu can you clear
a deposit
mircea_popescu: yet he leaves the field once somebody takes out
a machete.
mircea_popescu: more like "nothing that goes from 20 to 260 and then down to 60 has
a future"
mircea_popescu: as far as the bot is concerned, bitcoin is
a dead horse it would seem.
mircea_popescu: even if you count those at $6 each, it's hardly
a loser compared to 30 bucks.
mircea_popescu: if you keep it as btc and btc goes to $6, you have 30 bucks. so from
a fiat perspective lost 90% of your fortune.
pgp: mp: i understand that puts can be > 1, but if you look at it from
a USD perspective all the put are guranteed losers, right?
mircea_popescu: pgp 1 is
a max for calls, it has no particular relaiton to puts.
pgp: if it clearly 60's, there's
a pretty good shot at upper 70's , i think
error4733: ;;eightball will satoshi say it was
a big joke ?
Scrat: if I were filthy rich I'd make
a bot that trades based on gribble's eightball, just for kicks
Namworld: well we've had lots of bounce. People each time hoped for
a quick rise back so they could sell their BTC they bought at
a premium.
error4733: when you try to compare with 2011 bubble, dont forget MTgox hack ! less than
a week after crash
gribble:
A market order to sell 30000 bitcoins right now would net 1585346.9489 USD and would take the last price down to 50.0000 USD, resulting in an average price of 52.8449 USD/BTC. | Data vintage: 0.0009 seconds
gribble:
A market order to sell 20000 bitcoins right now would net 1080445.3355 USD and would take the last price down to 51.0000 USD, resulting in an average price of 54.0223 USD/BTC. | Data vintage: 115.8273 seconds
Namworld: We've accumulated
a nice 68k BTC asks under 100 USD/BTC. It keeps raising, bids keeps lowering. Looks like mostly people cashing out right now.
pgp: future fiat exchange will need blessing of govt and prolly
a banking license to be truly succesful
pgp: got
a little longer overnight - scale seller over 65 methinks
Namworld: Honestly, if someone is going to make an exchange or anything without much experience, make it clear BTC withdrawals will take
a long time to process. Because there won't be
a hotwallet.
mircea_popescu: there's currently absolutely nothing jared kenna can do to become
a bitcoin business person again.
Namworld: Well as long as someone can fix the security issues of the script (unless funds were actually stolen by the admin)... although it casts some serious doubts about the safety of such
a thing.
Bugpowder: I'd restrict whales to someone with proven 10k btc in
a set of addresses and is hammering s.dice for bets of >100BTC for long stretches.
Bugpowder: I think calling that guy
a 'whale' is being
a little generous.
pgp: I agreed SDICE is the
a defensive USD/BTC play
BitHub: i praise asicminer because its
a legit asset
ezdiy: self-assuring circle jerks are
a good thing
ThickAsThieves: BitHub, do you realize that you're repeatedly looking for confirmation that ASICminer shares are
a good buy?
ezdiy: ie piss poor, but
a good car
mircea_popescu: because more girls need
a good whipping than need money at all.
ezdiy: BitHub: it might come as
a surprise, but shallow women are mostly interested int *things*