316400+ entries in 2.315s
bgupta: well more than
a few..
bgupta: well it was like 3%
a few days ago
KRS1: bgupta: Bots should have
a dogtag function..they're so friendly..people always messin with em..they could get lost..
taub: did you go all in or just risk
a % of your acc
Chaang-Noi: yes i can speak thai and i will find you
a link...
Chaang-Noi: one baht is
a bit less than 1/2
a troy ounce
Chaang-Noi: the unit we use is called
a "baht" or "stang"
bgupta: btc trades like
a commodity/currency/equity
bgupta: WEll, if one can buy
a house with 1BTC, I'd imagine it would be an unwieldy unit of transaction.
Chaang-Noi: i dont think we will hit 100 before i have to go out in
a few hours
bgupta: you really need 10000+ btc today to have any say tomorrow, and bear in mind at some point
a continuing major rise of the btc value versus fiat (which is not
a given) would have to have an impact of the buying power of the fiat currencies.
Bowjob: id get
a diminishing return, but if the value of btc goes up, i'll be living comfortably
Bowjob: if I can, id try to set up
a mining ops
Chaang-Noi: now at 1,000k
a coin okay, he got some walking money
Chaang-Noi: yeah.. so at $100k usd
a coin you have 2 houses
Bowjob: 1m gets you
a small midsized house
Chaang-Noi: hell my uncle has
a car worth that... he is not
a king
Chaang-Noi: not exactly
a king and we are not yet near $10k usd each
Chaang-Noi: oh, well 20 btc at $10,000 each is only half
a house in the usa...
Bowjob: heck having just 20 BTC can make you
a king
toffoo: fellow AM shareholders, I have
a feeling we'll be reuniting on yachts together some day
toffoo: prolly won't have any trouble selling
a few for RMB in this market right now either
toffoo: Chaang-Noi read
a little further down, he did reply
Bowjob: bfl_josh has 3 days before he perform
a seppuku ritual
Bowjob: its
a scam now obviously
Bowjob: if that shit turned out to be real, i'd pay hungary
a visit
mircea_popescu: BTW, I am not an electrical engineer so give me
a break on that. I am CEO."
mircea_popescu: so basically
a lot of owners, no strategist, no capital and so forth.
pigeons: jed mcaleb who started mtgox started
a company to buy ripple from ryan
pigeons: mircea_popescu: you cant know from looking at
a ripple address that the btc or fiat balances are markers for funds at the liquidity pools behind the exchanges, or if they are worthless ious unless you are in the pools
mircea_popescu: it's not exactly an altcoin tho. it's
a sort of - as best i can determine - blockchain-y iou management system
mircea_popescu: NEVER
a better opportunity could have come their way, this is what ripple is for right ? why's it not doing it!
mircea_popescu: pigeons by the way, i wish to know why isn't ripple whipping the otc btc/usd traders into
a huge behemoth of fury that wrests currency exchange from mtgox ?
bgupta: tiberiusiv: sigh.. wtf are you talking about.. you just jumped into
a convo..
Namworld: and running
a BTC asset exchange
bgupta: "ZigGap is made up of
a team of dedicated Bitcoin service professionals located in the eastern United States."
bgupta: Aren't they basically at risk of being shut down for failing to register as
a financial institution?
Namworld: they apparently won
a chargeback... apparently...
Bowjob: and also for hosting
a porn site
mircea_popescu: toffoo i guess pretty much everything we do in bitcoin these early days will become revered
a century later.
mircea_popescu: but he has
a 32kw line installed because he has
a pump and whatever other shit
Bowjob: they will be exposed as
a scam
toffoo: i have
a feeling the asic race is something they'll be reading about in business school textbooks some day
bgupta: I'm wondering if their is
a dark horse out there.. that we don't know about now.
Bowjob: we may not need
a "june betting thread for BFL"
bgupta: Being someone who did
a small scale GPU mining operation 2 years ago. I can say the power/cooling/space issues aren't something traditional ops managers can deal with, nor are traditional datacenters built for this kind of operation.. I had to get many additional power circuits pulled in.
mircea_popescu: toffoo well, suppose you got
a hot chick ready and willing and you kept her waiting february to april because you couldn't find
a place.
taub: getting
a fight or flight feeling from this movement...
bgupta: mircea_popescu: The big news for me is that the have or are working on
a third batch, to bring total hashing to 200TH
toffoo: well I previously didn't know that finding
a place for these super chips was an issue
mircea_popescu: i'd fire him in such
a way he's never hired again by anyone anywhere.
toffoo: I interpret his reply to mean that it's been
a space or power issue … I quote:
taub: i do think we are bound for
a big retracement
bgupta: What's interesting is I don't think I will ever plan to con vert btc into fiat again.. (Bearing in mind currently btc is
a small but ever growing fraction of my networth)… If I need something I will spend my fiat, and keep my btc. If I ever need something beyond the abilities to pay with fiat, I'll pay directly with btc.
toffoo: you're
a pioneer in so many ways
taub: it didnt even take out
a swing low
mircea_popescu: (at the time nyt joined trilema had been charging for content for >
a year. it's really the first publisher on the web to do it)
mircea_popescu: it's
a gentle reminder that if you read somebody's stuff daily perhaps you should pay
a centy
bgupta: well if you have
a large position the only way to unload is to sell into strength..
Chaang-Noi: i dont get it, why wait until we get
a new ath then sell off, iv seen this more than once
bgupta: no they have
a stupid monopoly that they are trying to hang onto, and keep printing money
mircea_popescu: they're just symptoms of
a generalised attempt to make the world more like "it should be"
mircea_popescu: much like
a gun will shoot at
a child, puppy, policeman or president as well as it will shoot at
a bank robber, rapist etc
Chaang-Noi: i think you mean
A point? one of many?
Bowjob: i feel bad for ATC777. he sold at 72, been
a bear since. he owes me like 3.5 BTC
Chaang-Noi: in cyprus you can only get 300 euro out
a day anyway
ZedsterX: it's
a holiday i think they need to relax
mircea_popescu: basically, it;s
a bulky impractical geeky solution to
a problem that doesn't really exist.
benkay: and nothing keeps
a from spending the coins in the interim
benkay: c waits, then signs to
a or b
benkay:
a signs tx outputs to
a mircea_popescu: so as
a measure of safety, you fuck him and he fucks her
mircea_popescu: like, say your best friend has
a sister, and you don't know her.
Bowjob: Apparently, 17ifs was not parked, but part of
a steganographic message that happened to include it. The address might well belong to nobody at all. ugh...
Bowjob: "Apparently, 17ifs was not parked, but part of
a steganographic message that happened to include it. The address might well belong to nobody at all. ugh..."
ThickAsThieves: I would like to be able to use millicoins and microcoins. I know the system can handle it down to 1/100 of
a microcoin; please make it possible in the interface as well."
ThickAsThieves: Bitcoin has appreciated like crazy, and as described, I predict it will continue to do so. There are already eight decimal places in the system. Please make it possible to use milli- and microbitcoins as soon as possible; bitcoin will continue to climb like crazy and may even accelerate.
A currency where the smallest unit can buy you
a small house is not practical for everyday use.
Bowjob: seems like
a good idea