325100+ entries in 1.949s
markedathome: saw that, but I didn't think that anything was happening from glasswalker's side until tomorrow/wednesday as he was 'away on personal business/attending
a wedding' according to last email
mircea_popescu: there's been
a lot of bitcoin sindicate drama on the forum tho
pigeons: everybody wants you to survive
a nuclear strike even if you're just making toys
mircea_popescu: problem is,
a datacenter is something
a multi-billion company makes. in fact, it's about on the level of building
a nuclear plant.
mircea_popescu: even with all that. they'll be fine, you'll make
a little more per sq foot
mircea_popescu: somewhere in
a free country, with good safety in place
mircea_popescu: arguably it'd be
a good idea to make
a btc-level secure btc
mircea_popescu: if you made
a btc-taking datacenter. problem is the btc paying customers aren't doing more than maybe
a few ks worth
a year
Diablo-D3: it'd generate 62.5k bitcoins
a month.
Diablo-D3: yes, but it would have 100-150 racks profiting 10k USD
a month
mircea_popescu: your 400k would be
a very big 4% stake out of all bitcoin. your datacenter would be an inconsequential 0.0001% of all datacenters
Diablo-D3: do you think it'd be possible to raise
a little over 400k btc to start
a datacenter catering to high density computation customers?
DeadWeasel: yup, start sending
a fee at that point if want immediate includsion in the blockchain
ThickAsThieves: also, as far as buying the BFLs I did, like I said, I just wanna own
a couple miners, I have
a lot of "gizmos"
mircea_popescu: if there were
a practical way to do it i'd short the entire float.
ThickAsThieves: diablo, I might, just
a matter of whether I can move money around before the deadline...
ThickAsThieves: i ordered
a couple
a month ago, I just wanna own em, not worried if they make the money
Diablo-D3: bfl started
a YEAR before everyone else
ThickAsThieves: so if their devices all have
a bonus speed of 11%, and ship on time, they still failed to meet the qualitifications?
jcpham: yeah i was going to say
a sportster
ThickAsThieves: mp, that guy on your link's last post is inquiring about buying
a harley for 450btc, maybe he IS
a whale
DeadWeasel: they're stopping due to
a lack of budget. I doubt they'll hire drug dogs to hang out on weekends.
mircea_popescu: DeadWeasel activity on
a forum is
a very poor representation of anything.
DeadWeasel: gambling is huge too, but they are more likely to stop at
a certain point
DeadWeasel: i think that's as good as it gets. If porn can create the internet then addicts can create
a new currencyu.
Bugpowder: yeah doing
a great job of pushing it down too
gribble: Error: "bc,covert" is not
a valid command.
DeadWeasel: I'm just teaching myself to program now. It's slow as I have
a full time job.
pigeons: no i mean make
a bunch of big bets
DeadWeasel: thus creating
a market for
a 'rising' asset?
gribble: This order would exceed the size of the order book. You would buy 69622.631 bitcoins, for
a total of 16223006162626.1738 USD and take the price to 13370133701337.0000.
gribble:
A market order to buy 25000 bitcoins right now would take 673080.6320 USD and would take the last price up to 31.3000 USD, resulting in an average price of 26.9232 USD/BTC.
BitHub: its like playing with
a 1iron every shot
BitHub: nice eskimo, do you have
a handicap or just play for fun?
mjr__: so no one has used camp bx? they have
a pretty cool platform
mjr__: options expire almost
a week before month end this month
mjr__: once i have
a large position, i may think about buying puts
mjr__: that is why it is
a little higher than that number
mircea_popescu: BitHub the ownership of asicminer shares is
a little iffy, because there's no exchange/clearinghouse atm
BitHub: so its like
a bet? if you don't make that date you get nothing?
jurov: the contract says i promise to pay you according to diffculty on
a set date
jurov: it's more
a contract, than something you own.
BitHub: can you explain what they are
a bit more?
Namworld: You know, the thread title might have been changed by
a moderator... I could easily see that happening
Bowjob: someone's asking for
a 1000 BTC 'loan' with the title "Impossible to pay you back"
jurov: no, i ended up doing
a site for nonprofit
Bowjob:
a call is like
a guarantee to buy bitcoins at
a specific price, you just gotta pay
a premium for that guarantee right?
Bugpower: and i was STUPID to get partially flushed out on
a brief dump on Monday?
Bugpower: I was lucky to buy
a shitload of calls before last opex
Bowjob: yeah, I'm aware an mpex account could exceed the cost of
a nyse seat
mircea_popescu: Bowjob in general after
a few k worth of total trade it's worth it
Namworld: If friedcat keeps spamming more and more ASICs, could generate
a lot in mining
Namworld: There's
a reason the forum doesn't allow post deletion
Anduck: there's
a lot possibilities
Namworld: because there's
a standard minimum price and so far out of market price...
mod6: well, forward months are usually
a little more
Bugpower: I gotta price mine over yours for
a bit
mircea_popescu: tho the search works so in effect any word can be
a category
Namworld: Might be
a bit hard to find what you want otherwise
mod6: but, see, .01 is
a lot!! that 1 million satoshi
Namworld: It could automatically create
a bet for each match in certain sports and automatically attribute the winnings
error4733: the cops here just stop
a big mafia on football
mircea_popescu: actually i would guess that may be
a decent way to earn
a btc.
mod6: and
a twitter feed on new bets maybe?! :D
Namworld: Still needs to be reduced by
a factor 10
Namworld: I want more at
a reasonable price
error4733: i miss something ? or bbet made
a wonderful 6 btc profit ?