tmsr - Search: i

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thestringpuller: mircea_popescu: i'm gonig to get you investors

mircea_popescu: for those sorts of sums i doubt it

mircea_popescu: i guess today i learned how you spell insanity in chinese.

mircea_popescu: Namjies in principle i can see it.

Namjies: Well I'm lacking 21.25 BTC on my loan for it to get funded, expiring in ~ an hour: https://btcjam.com/listings/899

Namjies: I'd abuse the heck out of those futures if I knew I was about to dump massive hashing into the network.

mircea_popescu: jurov it's a little kludgy, but i see no other way to do it.

jurov: ok, but what if i did not have enough collateral?

jurov: maybe that was already discussed, but what if i do 1.mkfut 2. sell all the futures 3. difficulty skyrockets

pigeons: i mean i've been reading this forum for a month, therefore i've got fairly lenghty involvement in the project

pigeons: i also love how people think a month is a long time

mircea_popescu: i guess she's run out of old trolls to bite the heads off

mircea_popescu: pigeons : for your viewing pleasure, i bring you http://imfed.org/ratings/

mircea_popescu: i'd say it's unfunny

mircea_popescu: i don't need 37 to succeed and i specifically do not need some nobody giving it to me.

Diablo-D3: people were like "what if I power cycled a 51% mining cluster"

Diablo-D3: smickles: well, I was using it as virtual hash power for dmc before we got dmc

Diablo-D3: smickles: but why wouldnt I just sell mining contracts instead?

smickles: Diablo-D3: mircea_popescu and I are talking about two different things, him: insureance, me arbitrage

mircea_popescu: i think you buy them

Diablo-D3: I create the futures, sell them, and then mine like no tommorow?

Diablo-D3: if I want to make money

Diablo-D3: I dont get how that works

smickles: so, i had the move wrong

mircea_popescu: well ya but i dun trust ta any

smickles: mircea_popescu: did i not chat with you about this happening?

mircea_popescu: i was like, wtf are ppl buying puts

Diablo-D3: I'd rather go for worst case

Diablo-D3: ha ha I scared smickles

smickles: i need to research futures a bit more :o

Diablo-D3: pretty sure I did the math right

Diablo-D3: I think I scared smickles

gigavps: i just said i don't care

Diablo-D3: I think you missed the point.

gigavps: i'm married to bitcoin

gigavps: i'll mine

jcpham: after 30x i'm fucked

jcpham: i think my asic purchase is only profitable for me up to a 30x diff increase

Diablo-D3: smickles: anyhow, I did the hard part of the math for you I think

jcpham: i have at least 6 weeks of 0.00012427 US DOLLARS PER SHARE left at coinlab

mircea_popescu: smickles tbh i always thought miner wants to buy diff nto sell it.

Namjies: Still no one in here willing to lend me 100 BTC I presume?

Diablo-D3: btw, I did that math using 12 cents per kwh

jcpham: i agree with what Diablo-D3 said. armchair math

smickles: hey, how come cgminer tell me that i get 3 shares per minute on 200Mh/s?

mircea_popescu: or should i say

jcpham: I cannot wait until this asic shit materializes

jcpham: i understand what you are saying Diablo-D3

Diablo-D3: smickles: I wrote a miner ;)

mircea_popescu: i doubt that lol

thestringpuller: yessir. I see you are busy with the people from blizzard

Diablo-D3: I dont know.

smickles: oh what did i do then?

thestringpuller: sir smickles the bitoin certified accountant, i have idea for you

smickles: crap mircea_popescu I forgot to specify that I was talkign about the idiff.dec

smickles: based on a 5970 and the internet i came up with .3 btc per Gh per month

smickles: I have

smickles: Diablo-D3: i'm talking about this formula: I believe that any sufficiently large miner can make relatively safe profits by selling these contracts in an amount derived by the following formula:

Diablo-D3: I dunno

Diablo-D3: and then no matter what happens, I end up with lots of cash

Diablo-D3: I'd sell futures and then take the money and buy lots of mining hardware

Diablo-D3: if I wanted to be a fucking dick

smickles: Ya know, If I really had confidence in that formula, I would sell a crapload of futures based on the projected costs of a farm and equipment and use the btc to buy a farm and equipment

smickles: and I typo'd "If" into "I" :(

jcpham: i tried to read it but I was staring at her avatar the whole time

mircea_popescu: i have never heard of such a thing.

PsychoticBoy: I think you are right gigavps

mircea_popescu: i recall piuk getting hit for $6.

gigavps: but what do i know..

gigavps: i'm starting to think the scam accusations section of the forums is getting over used

Ukto: i think thats what I just did. countertrolled

Ukto: amended: "Also, I noticed that you have never posted in the GSDPT thread before, other than to +1 btct. It just made me curious if you happen to own any shares of GSDPT?"

Diablo-D3: I think I need food

Diablo-D3: I think luke'll shut up now

Diablo-D3: er, what am I reading?

Diablo-D3: dividends were generated from the mining assets we had while I was trying to save up the money to kick off the rest of the plan

Ukto: for the discussion boards I am putting on BF... I am requirng ppl to have a linked weex account to post. :P

Diablo-D3: but I'm a forum mod :<

Diablo-D3: fuck, I'd be epic troll by the end of the week

Diablo-D3: well, the market was shitting itself and I was trying to get a much larger stake of it

Diablo-D3: if you take the first half of shares I bought back as an aggregate, people made back more than they originally invested already

Ukto: I guess thats true...

Diablo-D3: Ukto: I approach forums the way I approach perl

Ukto: I guess I will fill it in for you

Ukto: Put it in the thread and I'll mark it down. ;)

Diablo-D3: dmc already took the first one I thought

Ukto: i know that feeling

Diablo-D3: I just didnt feel like being awake again

Diablo-D3: Ukto: meh, I dunno

Diablo-D3: I need to quit sleeping so much

Namjies: I also want to see what bitcointalk's trolls would then find to it. Other than that you're romanian. Complaining based on nationality...

mircea_popescu: i dun trust it.

mircea_popescu: i wouldn't use the cloud.

mircea_popescu: and servers. i don't mean mirror it, i mean actually run it.

mircea_popescu: the beauty of how it's designed tho, is that i can run it symultaneously of multiple domains

Namjies: Hmm, I would find it interesting to see how people would react to that change.

mircea_popescu: Namjies i actually was planning to both sell dtng and move mpex

Namjies: I still disapprove of MPEx not having it's own domain however. Especially because of the dtng board kept on same domain. Although I don't mind it, I know many people with large capital and qualified to participate will be repulsed by that fact. If you recall stating some were more sensitive on the topic in other cultures, like in America, or something to that effect.

mircea_popescu: i guess that's rare, but still.