322400+ entries in 2.049s
mircea_popescu: burnside i'm just saying, you are underwriting
a lot of risk that you can't control.
burnside: <mircea_popescu> now what happens if six months down the road friedcat pulls
a gigavps ? -- I think we would have to do the AML paperwork.
dub: idk about stupid, takes some ability to copy
a business model and make buttloads off it
Lyspooner: he's
a much more flamboyant leader than, say, gavin
jurov: hungary looks like
a piece of africa there
jurov: lmao "Budapest is known for
a hub of scamming activity"
Bugpowder: I should take
a side by side pic and post to reddit as well.
Bugpowder: The price of
a 25BTC Casascius coin > 1 Kruggerand.
mircea_popescu: so every time
a dividend is pay you actually know the actual exact total, from the receipt.
Bugpowder: I new I should have waited
a few more hours before buying something on bitcoinstore.com
maximian: maybe he just didn't think about it, was in
a hurry
Namworld: I think he went to the Earth's core or something. Unfortunately there's no vehicle capable of reaching there and he started his journey by jumping in
a volcano.
midnightmagic: Bowjob: There's an *enormous* wave of mining customers coming soon-ish due to the sudden tidal wave price. Getting in line at this point for summertime asic is going to be
a bad move..
midnightmagic: Bowjob: There's also
a 22nm asic SOC vendor that's farming out chips to board designers.
Bowjob: hungary.. is it
a safe place?
Bowjob: when i get mine, id be making $30
a day lol
midnightmagic: Bowjob: One of their Chinese customers stripped it apart I think and took
a picture.
Bugpowder: There was some issues with transaction size limits, info in
a triilrma post
Bowjob: dice took
a beating today
midnightmagic: dub: All I see is "[18:01:08] <midnightmagic> dub: What
a horrible way to live, in constant fear." I guess all I can say is that's not
a statement born of ignorance.
mircea_popescu: "<BitHub> it did just give me
a huge boost of motivation tho"
midnightmagic: dub: I'm trying to dig up the log because I'm curious what I was thinking at the time. I've actually grown up in
a place (yes, they exist even in Canada) where one must assume the stranger is evil.
thestringpuller: based on
a 500,000 NRE cost on the chips I assume there will be at least 600 total on the first "batch" of chips
BitHub: it did just give me
a huge boost of motivation tho
BitHub: making
a porno or something?
Eduard_Munteanu: Hmm, you know... they also said underground resources belong to the state... wouldn't surprise me if they deem Bitcoin mining
a national resource as well. :)
midnightmagic: dub: It is
a cultural perversion of what appears to be the most successful strategy for human progress.
dub: midnightmagic: my memory of it is different, I don't think we were discussing
a specific place, only the existence of such places
Eduard_Munteanu: I guess mircea_popescu pledges to be the benevolent dictator of MPEx forever, after reading
a bit through the contract.
dub: midnightmagic: its not the only time you have appeared to me to base your arguments around
a world view couched in priviledged western culture
dub: midnightmagic:
a little while ago there was
a conversation where you appeared to be floored by the notion that in some locations/cultures the base assumption of
a strangers actions being altruistic was false
dub: but im not in
a meeting, on teh phone, and working to
a thight deadline
dub: midnightmagic: and I'f I were
a victim of that would I need to have read about this before or after observing it?
mircea_popescu: <dub> this is
a genetic/language thing thats been done to death << it's not genetic, it's cultural.
dub: midnightmagic: its an observation grounded in experience, not
a negative assertion
midnightmagic: dub: Making negative assertions about the person you are having
a discussion with is not usually productive. I'm readjusting my evaluation of your random, seemingly-connected comments post-statement.
dub: yes, well I'm more of an experience guy than
a take debunkment at face value guy. Dorkins calls it the belief gene, though I don't really believe it exists.
dub: midnightmagic: I don't really have time to go through this, there is quite
a bit of literature out there
dub: midnightmagic: you're gettign there, its par for the course with you (you'd make
a terrible anthropologist)
dub: anyway, if you remove any racist overtones you have automatically inferred, it explains
a lot about the comms we've seen from avalon and asicminer
midnightmagic: dub: I'm at
a loss here to meaningfully discuss this with you. I don't know where to start. If you're serious, I'm fairly sure we are so alien that there is basically no common ground on which to meaningfully converse for this topic.
dub: I hear there are
a couple up your way
dub: this is
a genetic/language thing thats been done to death
midnightmagic: dub: And yet ngzhang is one of the most ethical businesspeople I've seen in
a long time.
midnightmagic: mircea_popescu: You mentioned earlier that they are behaving fraudulently-like.. This is permeating more than just the way they are handling their stocks, but elsewhere as well, and it's troubling because unethical people in their position, could conceivably have done
a much larger order to start with than what they are reporting, and the attraction of doing double-spends is quite large if, indeed, the evidence is correct when
dub: its
a computer, we have been shipping these around the place for
a wee while now
dub: why is it
a mess to export?
BitHub: bit of
a long shot but would anyone be able to help me out and send one of those to Australia?
mircea_popescu: the idea that you need
a permit for stuff is certainly new here
dub: I heard that on the radio
a few days ago, first thought 'wonder if mp shows up on irc today'
Bowjob: if its legit, I'll fly over there to pick
a couple of them
BitHub: what i want to bet on this being
a huge fail
BitHub: where can i place
a bet that coinlab will be out of business by end of year?
Bowjob: apparently we have
a new ASIC company that is ready to ship
dub: it took quite
a few moments to decipher that I was not actually reading an official bfl blog
dub: im not sure if hiring inaba or letting your userbase add content at
a yourdomain.com/blog/ url IS DUMBER
dub: they should be held up as
a shining example of how to fail at pr
pigeons: yeah as btc was going up, ltc was going down to track the dollar and stay at .07 usd rather than stay at
a ratio to btc
mircea_popescu: i'm saying they're either through sheer incompetence, sheer lack of resources or by actually being frauds behave just like
a fraud would.
mircea_popescu: now what happens if six months down the road friedcat pulls
a gigavps ?
Eduard_Munteanu: mircea_popescu: yes. And committing changes to the blockchain periodically. The exchange is still pretty important, but at least you can move stuff between exchanges in
a standard way.
mircea_popescu: kakobrekla unless the sqrt log guy has
a better solution, i think you're spot on.
mircea_popescu: who was saying they've eaten up their market earlier ? they had
a point it seems
mircea_popescu: Bitcoin pride averages
a 70% profit. Don't you want
a piece of the pie too?
Eduard_Munteanu: But isn't there
a crypto way to accomplish the same thing, perhaps different than BTC? You still need exchanges.
mircea_popescu: Eduard_Munteanu that's not ideal. it's actually
a bad idea. the horse has been discussed to death
topace_: it'll be
a push request, and manually approved on my side, same as the push in request.. at least until im sure its working 100%
topace_: i think there needs to be
a way for people to freely move shares between mpex and the passthru's and maybe even between the passthrus themselves
jurov: Ukto either there will be voting support or someone is due for
a headache?
jurov: Any public votes presented by ASICMINER to all shareholders of ASICMINER may be voted on BitFunder towards
a single decision by the G.ASICMINGER-PT shareholder account.
dub: wish I had usagi in
a hat with
a bat and
a '84 skoda
dub: I wish I was
a little bit shorter, wish I wasnt
a baller, wish I had
a girl who looked bad, I wouldnt call her?
dub: comment win: Occams Taser 3 minutes ago Now try building yourself
a girlfriend...
dub: more of
a historic pub crawl, wine tour and whiskey binge
dub: heh just got expense report for
a week long road trip with 5 friends last month