log☇︎
338600+ entries in 2.6s
Bugpowder: Last time, he gave out a surprise dividend of 2.3%...
gigavps: that was a rather large buy
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
mircea_popescu: ;;later tell nefario inquiring minds want to know : how's the conference where nobody went manage to "sell out" and also leave a 400 quid hole in your pocket ? thanks!
mircea_popescu: Im gauging interest in a GLBSE bearish fund. This fund would be run on the assumption that nearly everything currently on GLBSE will, in the long run, produce a negative ROI, as almost all the assets are overpriced, insolvent, a scam or (indirect) passthroughs to (other passthroughs to) overpriced assets, insolvent assets or scams.
assbot: [GLBSE] [FZB.A] 1 @ 0.02000001 BTC [-]
mircea_popescu: it won't give exact totals, but it will likely give a decent indication
sgornick: By itself it doesn't give too much info, as without knowing withdrawals, cannot do a net infow calculation to see what is left. But it is useful to see a month-to-month trend.
mircea_popescu: The financial and banking industries are on high alert tonight as a massive cyberattack continues, with potentially millions of customers of Bank of America, PNC and Wells Fargo finding themselves blocked from banking online.
BTC-Mining: I'm off for a bit.
Obsi: leaves you in a good position with the price wars already starting
BTC-Mining: Yes, amazingrando was expanding with BITBOND and had a lot of hashing unsold. We struck a deal for less hashing, but with a repayment clause.
mircea_popescu: a so you're sorta teamed up ?
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
BTC-Mining: He has, we got less than market rate hashing and only 100% buyback instead of 110% of average price in exchange of a guarantee of the hashing being bought back.
mircea_popescu: o actually... mpcd made a little mroe than projected this month
mircea_popescu: depends how you look at it, on the long term (in btc 6 months is a long term) it made like 250%
mircea_popescu: yeah. that may turn as a loss
Bugpowder: NYAN.A on the other hand...
mircea_popescu: a is pretty safe i think
Bugpowder: I'm more comfortable with the A tranche
mircea_popescu: you have to send from wallet, email first, it's a production
Bugpowder: might throw down a few coins on it
mircea_popescu: by a very wide berth
mircea_popescu: S.MPOE paid a total dividend of 2`142.90254453 BTC to 500`000`000 outstanding shares (as per twitter)
rdponticelli: Indeed, all the transitions could have been managed a lot better
BTC-Mining: For chaang, although I believe chaang was a bit looking for it, his removal was too expedited. It should have allowed at least a good delay warning for goat and the investors so goat could prepare managing his TYGRR offers without GLBSE.
rdponticelli: Things are growing too much, too fast. A lot of people thought they would be up to it, but they wasn't
smickles: so, um, isn't it only bad if he has a hard time paying back?
copumpkin: dub was making a lot of noise about it yesterday :)
assbot: [GLBSE] [NYAN.A] 1 @ 0.999999 BTC [+]
mircea_popescu: in short, it's a stupid mess resulting mostly from the fact usagi doesn't have the intellectual werewithal to understand the implications of it all.
mircea_popescu: and cpa gets 5 btc a week for 2 years
mircea_popescu: PsychoticBoy in practical terms it just seems a loan from cpa to bmf. bmf gets a total 500 btc in 5 lump payments
mircea_popescu: this is french humour. like a savarine, all delicate and flavourfull.
mircea_popescu: MMM ? now that's a famous name...
mircea_popescu: http://www.tsukino.ca/cpa/customers/account-12/ look for yourself, it's truely the work of a mentally retarded individual.
mod6: About to embark on getting some working implementation of the command part, where a guy can trade with his keys.
mod6: im always checking on irc, life comes at you fast in the bitcoin world. blink and you miss a whole tantrum.
mircea_popescu: i couldn't be away at a time like this.
mircea_popescu: so basically... if you insured your car for 100 bucks a month, 2 years
mircea_popescu: ;;rate Teppy 1 dev of a tale in the desert (mmorpg)
Diablo-D3: usagi: but he is a scam?
kakobrekla: just a few finishing touches
copumpkin: "YOU DARE CRITICIZE MY BAD LOGIC? YOU TOO MUST BE A PEDOPHILE"
copumpkin: ciuciu: yeah, that's intellectually honest too. Someone questions your conclusions so obviously he too must be a pedophile
copumpkin: I hope it's solid evidence, if you're going to go around calling someone a pedophile over it
mircea_popescu: you're beating a dead hooker :D
copumpkin: "hey guys, I hear ciuciu murdered a hooker. The evidence is online if you know where to look. And no, I won't tell you where"
Diablo-D3: the world does not have a global minimum age
copumpkin: but porn does not make him a pedophile
copumpkin: is kim dotcom a pedophile?
Diablo-D3: moot is not a pedophile
copumpkin: ciuciu: so moot is a pedophile?
Diablo-D3: and new investor money gets locked up into the a/b loop
Diablo-D3: and fund b buys fund a shares
Diablo-D3: if fund a buys fund b shares
ciuciu: http://polimedia.us/bitcoin/mpex.php?mpsic=B.MPCD.A
Diablo-D3: shouldnt fund a buy shares of fund b, then fund b buy shares of fund a?
mircea_popescu: and B pays investors with new A investor money
mircea_popescu: A makes fund, B makes fund. A pays investors with new B investor money
mircea_popescu: basically the random idiot has found the following solution to "if you pay investors with new investor money it's a ponzi" :
copumpkin: the co is actually just cause I'm a math nerd
PsychoticBoy: I own a investment fund named FDBF (Flying Dutchman Bitcoin Fund)
assbot: [GLBSE] [NYAN.A] 4 @ 0.9902 = 3.9608 BTC [-]
kuzetsa: actually, scifi in general appeals to me... and harry potter & vampire stuff to a lesser extent.
kuzetsa: just not a fan of shakespere
kuzetsa: I'm a geek after all
kuzetsa: indeed. a non-zero amount rubbed off on me
kuzetsa: non-zero number of rednecks whom were dumb as a sack of hammers
kuzetsa: my own fault for having lived a non-zero number of years in kentucky and mississippi
kuzetsa: now I feel like a dumbass
Diablo-D3: I chose a northern location like this to also avoid a huge part of HVAC needs
Diablo-D3: but you can put a huge dent in it
kuzetsa: seing as I had a hand in designing one about 10 years ago, yeah, I know what a datacenter burns.
Diablo-D3: you do realize how much power a DC burns, right?
Diablo-D3: several metric fucktons cheaper over a 30 year period
Diablo-D3: I did the math without including price increases a few pages ago in the DMC thread
Diablo-D3: its a lot cheaper.
Diablo-D3: it also acts a form of insurance against ever rising electricity prices
Diablo-D3: a large scale solar and wind installation trades money now for vastly decreased operation costs later.
Diablo-D3: free ride is a loaded term
kuzetsa: too bad solar isn't a long-term "free ride"
kuzetsa: so are you really building a datacenter?
rg: this channel is a barrel of laghs
Diablo-D3: yeah but theres a lot of fucking traffic
Obsi: that's what happens when you do biz with whiny children that haven't even had a lemonade stand
Diablo-D3: Obsi: apparently you're a scammer for buying back all the shares at ipo price
Diablo-D3: which also means, as a closed end fund, the current trading price range is not going to realistically reflect on the NAV anyhow
Diablo-D3: are we considering it an open ended fund or a closed end fund?
imsaguy2: there's more to life than talking with a troll that bitches but has no real solution
Diablo-D3: copumpkin: yeah, some of us just want a fucking pepsi.
copumpkin: yeah, IRC is a realtime medium
Diablo-D3: no, I know exactly how long my dick is, your mother has a habit of measuring dicks in her quest for the world's largest cock.
Diablo-D3: using a ruler.
Diablo-D3: last trade is worthless if the last trade was a panic sell
imsaguy2: is there a language barrier here?
Diablo-D3: EskimoBob: a lot of the time bids are less than half of the lowest ask, some assets have NO bids
Diablo-D3: EskimoBob: and this is why you're a troll
imsaguy2: there will always be a weak bid side