314400+ entries in 2.07s
gribble: MtGox lag is 0.952282 seconds. During this time, light travels 0.00190836246572 AU. You could have sent
a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
Bugpowder: At this point though, I've cashed enough out that I'm just gonna sit on the rest for
a long time
Bugpowder: I am happy to take
a pause from rapid price gains on say... April 27th.
mircea_popescu: I started with 0.1. I made it to 0.2 playing over
a week and 200 transactions later. Then it went down to 0.04. Then I made it go back up to 0.2. After 400 transactions later, I lost it all in
a do-or-die bet, the final bet was 0.04 or something like that.
mircea_popescu: unlike absolutely any other bitcoiner i can just walk into
a bank's boardroom and talk to the board.
mircea_popescu: Bugpowder it makes jack shit of
a difference, i could easily do it.
ChaangNoi: mp why not make
a romanian exchange?
ChaangNoi: not
a moving target... they also say they have
a bunch of chips, but no power...
ChaangNoi: AM has said they will shoot for 10% average over
a year
gribble: smickles was last seen in #bitcoin-assets 11 hours, 39 minutes, and 57 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
ChaangNoi: i guess you are not
a board member?
ChaangNoi: i have faith in friedcat, yes, there was
a delay but its not cuz his hardware failed
mircea_popescu: listen, everyone's getting raped just as soon as someone with
a clue starts doing it.
ChaangNoi: i dont know about the island, but that is not
a bad idea
gribble: MtGox lag is 5.304483 seconds. During this time, light travels 0.01063012454 AU. You could have sent
a bitcoin from Jupiter to its second largest moon, Callisto (0.012567 AU).
dub: don't care that I paid $13k for
a non existant asic
Bugpowder: he invested $500. Just cashed out
a fraction..
Bugpowder: one of my friends I turned on to bitcoin bought
a loaded Golf TDI tonight
mircea_popescu: what ever happened to rassah ? i remember he busting his ballsack over having sold at 20 and bought
a new car
Bugpowder: it was all
a terrible misunderstanding
Bugpowder: I am just amazed that the super early adopters don't sell at least
a little.
gribble: Error: '-' is not
a valid floating point number.
dub: Bugpowder has it. Its
a -dev safety valve
ThickAsThieves: my theory is still that
a bottleneck at gox caused the rally
ChaangNoi: bat signal is like
a spot light in the sky that shows
a pic of
a bat, batman sees this then goes to save the day
ThickAsThieves: mp, did you do
a hacker bat signal to ddos mtgox on the rally to 147?
mircea_popescu: one's an investment fund partner, the other's
a make-up artist and fashion broad.
thestringpuller: I went to Truman for
a visit...man those girls no how to party.
cole_albon: if you mention my sister I'm gonna have to open up
a can of wupass
thestringpuller: mircea_popescu: you know, now that I think about it. You are the only public facing individual of mpex. MPOE-PR is very private (in
a sense), and the other "board members" are illuminati style hidden.
mircea_popescu: he considers her his wife, she considers him
a limited liability.
cole_albon: yeah - I thought you knew
a bit too much about the mpex sentiment index. kinda like what
a girl would have to know if they were under the employ of mircea_popescu
thestringpuller: Did you lose
a bit on that put-based position awhile back?
Bugpowder:
a typical "big" grant to run
a lab, an R01, averages about $250k/yr for 5 years.
Bugpowder: you can fund
a lot of labs with 100 million
cryptrader: That said I'm all for
a decentralized exchange or at least
a few more good options.
mircea_popescu: Lyspooner actually it's vessenes' little scam to try and float
a little coin
Lyspooner: well, it benefits the people that draw
a salary from it
Lyspooner: there is
a bitcoin foundation and it doesn't benefit anyone
mircea_popescu: bgupta twitter still is not
a business/does not have
a model.
bgupta: They basically had to bring in
a whole new tech team and throw out most of what they had.
bgupta: Twitter is
a prime example of
a site that started completely brokensuffered massive growing pains (and outages), and then went on to ma instream success.
TomServo: obviously gox is far from ideal - but if they're goal is to provide
a BTC exchange platform, I'd say so far they've been successful in that.
bgupta: asicminer argueably, same with avalon. but they'll both need to pivot to satay an ongonig concern. mpex seems to be doing well, mtgox despite issues, is here to stay. sdice, excluding it's potential as an investment is
a survivor. some of these info sites seem to be fine.
TomServo: thestringpuller: how do you consider gox
a failure?
mircea_popescu: what, is ltc going to do
a million coin march on the internet ?
mod6: and I did watch
a bunch of the video's on options trading at CBOE.com
Lyspooner: the price of
a bitcoin should equal the price of
a litecoin when normalized for the size of the total money supply to exist
mod6: (12:49) < mircea_popescu> back when btc was 5ish it was hella cheap way to learn finance << i certainly learned
A LOT
mod6: im just sayin... its
a speculative bet...
deadweasely: mod6, that's
a great point, college stoners buying btc.
deadweasely: i realize now... learning requires mistakes. so by the end of all this i'll be broke but rich in wisdom. it's
a fair trade.
deadweasely: i guess i can hedge my calls with
a no bet
MJR_: since bitcoin is rarely used as
a unit of account, people don't pay rent denominated in bitcoin, or have salaries denominated in bitcoin
grubles: [\\\], ive used vircurex for about
a month or so
MJR_: so it is not simply
a cash to btc translator but rather
a merchant looking to actively acquire bitcoin in exchange for services
MJR_: or
a coinbase account
MJR_: can't you pay with
a regular bitcoin addresss
[\\\]: fill in
a fake amount and address, then click bitcoin
MJR_: that is
a positive sign, that he is willing to provide rent in bitcoin...the next step is
a large employer to offer to pay in bitcoin
unbalanced: hey jurov, while I'm on
a roll with my ignorance, what does the "br" in coinbr mean or stand for?
cryptrader: Where's
a good place to discuss ltc/nmc/ppc etc?
mircea_popescu: well, in the sense of saying what they are. 0 is still
a number.
[\\\]: but its been around for
a while
bitesak: "
A cache of 2.5 million files has cracked open the secrets of more than 120,000 offshore companies and trusts"
MJR_: i'm just not
a huge fan of strip clubs...
iz: none, pole dancers screw in
a puddle of beer?
mircea_popescu: so his new gf is
a ballerina. she also happens to be polish.