313700+ entries in 2.29s
jurov: may just deflate
a bit
Diablo-D3: jurov: well, he could take
a bet up with mp
gesell: it will end with him and bernanke eating
a gallon tub of icecream watching cnbc together to cover their tears
mircea_popescu: <BitHub> but no pop << that's because it's not
a cherry.
jurov: but he asked how. or is there
a fool who wants to lend him btc?
Diablo-D3: the bobble needs to pop before we can build
a new stable floor
gesell: bring him
a pitch fork
jurov: he was introduced to them just some month ago. but he knows for sure this is
a bubble
mircea_popescu: ThickAsThieves there was
a dispute
a few weeks ago about that
ThickAsThieves: and Avalon not shipping their unit til after they mine with them
a few weeks
gribble: smickles was last seen in #bitcoin-assets 3 days, 18 hours, 56 minutes, and 15 seconds ago: <smickles>
a bitcoin atm could be the easiest way to send money to
a friend, each of you just goes to an atm
mircea_popescu: honeysuckle is
a bush, hyacinth is
a bulb, early srping
BitHub: it was just
a random phone call 30mins ago
BitHub: trying to get him to ask the guy to take
a picture and send it
mircea_popescu: it will make the ltc bubble burst
a lot more digestible.
punkman: I like that
a new altcoin is popping up every other week now
mircea_popescu: at the current price there;'s
a fat paycheck to be eaten there.
mircea_popescu: the main concern is they made
a really shitty set of chips which keep blowing up under load, after 100 hours or w/e, and are currently halfway through batch two because of this.
MJR_: mircea_popescu: i'm working on
a blog... plan on juxtaposing the tower of babel with bitcoin...money as speech etc
mircea_popescu: see punkman, THIS is why. because people miss
a spot shaving. it happens. it's what it is.
bgupta: was trying to figure out how to transfer most of my savings into btc (as SoV).. but decided if I just wait
a few years, most of my assets will be in btc if I do nothing. (Not sure if that was clear)
mircea_popescu: i submit the 3-6april 4 day interval qwould have killed
a ponzi.
bgupta: SO what is the difference between
a violent upward correction and
a bubble/ponzi?
ThickAsThieves: plenty of conversations in here can be
a real chore to witness
MJR_: well that was my biggest point about
a magic money machine, i would gladly throw all of my paychecks into btc and hold them, if i could spend them freely without worrying about ACH transfer times, etc
bgupta: mircea_popescu: actually because it is mentioned quite
a bit in press.. being more informed, what is the majority of the goods and services being exchanged via btc?
MJR_: yes, but those numbers were not from
a 2 billion dollar economy...they were from
a <1 billion economy
troc: in the context of
a '2 billion' market cap ?
bgupta: guesin SR is becoming
a smaller and smaller portion of market
MJR_: but bgupta, my point was that there are fundamentals to back this up...actual bitcoin transactions for goods is up quite
a bit, and we are just getting big enough to attract real attention from big fish, this is what i think happens today and this week...
Namworld: Would just like to close
a part of it before anything happens to my BTC investments. Better be safe than have to default if everything goes bust.
mircea_popescu: "Pachter thinks that could increase to 100 million nights "eventually"—at which point it could be generating $1 billion
a year in revenues.
ThickAsThieves: Just saw the author name on
a Wordpress Plugin in one of my client's sites "Ciprian Popescu"
assbot: Quest for vision is
a great blessing.
dub: its
a popular place for the NANOG conf for above reasons
dub: surely Bruce Wagner has
a network there, offer up somelittle boy butt
dub: DR is
a big kiddy sex tourism place, expect bitcoin to be popular
mjr___: anyone know
a good way to track bitcoin activity in kinda small areas
dub: this is for
a website sample size of one admittedly
dub: the ad bubble has
a palpable craziness to it
mjr___: its an interesting idea for
a game
dub: I honestly cannot tell if he's
a troll or not
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent
a bitcoin ... nowhere, really (0 AU).
AndroUser: Hence
a strategy with calls, puts and holding in
a combination that makes sense no matter what happens
benkay: ugh there is
a video about him
benkay:
a clean lens is not necessarily
a requirement for success.
benkay: individuals can learn
a lot by seeing things happen. humans experience the world and evolce.
mircea_popescu: as in,
a 1 in 1000 shot at making 10% on your investment, and
a 999 in 1000 shot at 90% loss of cvapital.
benkay: so you're saying that statistically he's likely to fail. also
a thing anyone who puts money into companies should expect.
benkay: and
a willingness to do it, and possibly
a track record of having done it
Troic: I thought the gem thing was
a freak novelty gizmo fad, I liked the bitcoin flower better :).
mircea_popescu: in that case he just makes
a lowball offer, buys the site and goes on his way
benkay: with
a recognized brand.
benkay: there is
a remote possibilty the gentleman has done this thing before and sees an underutilized asset he can buy low and turn the volume up on.
mircea_popescu: I ran
a social games company on Facebook since 2008 to 2012; in the 5 years of operation I made many games. "
mircea_popescu: I'm here to propose
a take over of www.bitcoingem.com together. I was made aware that this is the first chain game and by the looks of its traffic stats its pretty well established.
benkay: it's not
a terribly bad idea, but i see what you mean about the individual.
mircea_popescu: "my full name is David Tenemaza Kramaley - you can look me up in the UK companies house as
a registered director. I've been featured in the BBC, Business Insider, The Times, National Geographic, Radio 4, etc... I can proof all of this to serious investors."
mod6: *shrug* might help
a bit :)
mod6: need like
a voice to text prog or something while it heals up
deadweasel: mod6: that's
a lot of coffee.. time to switch to tea? :p
mod6: wow. that kinda thing usually makes me raise my eyebrows, but this time i had
a tx that was held up! lol
mjr___: can't wait to move my ec2 instance up to
a high i/o model
mjr___: i heard there was
a way to increase how many nodes you connect to
deadweasel: does it come in handy when sending txns? can you confirm your own or point it at
a reliable node?
mod6: ahh, ok. i heard there was
a fierce debate on that in -dev
mod6: deadweasel: ahh. i suppose that's
a good way to go atm.
mod6: what version are you guys liking at the moment? i've got .7, but its
a ways behind yet.
gribble: MtGox lag is 2.490974 seconds. During this time, light travels 0.00499188400567 AU. You could have sent
a bitcoin from Jupiter to its largest moon, Ganymede (0.007155 AU).
mjr___: well, once it is up and running, i think it'll run on
a micro
mjr___: so if you burst too long, you are running
a hamster in
a wheel...