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mircea_popescu: fiat500 yea he's in school, we've been through all this during tuesday grilling session
mircea_popescu: jborkl and what the btc people have heard of dwolla was that they scam on an unprecedented scale.
mircea_popescu: totally dude. the dwolla fuckwits are going to leave bitcoin behind as an afterthought
mircea_popescu: Remember that Ripple's key investors have connections to PayPal and Dwolla, and will want to bring them on as Ripple Gateways. Such a move would boost Ripple's valuation well into the stratosphere, leaving Bitcoin behind as a beta-version afterthought.
mircea_popescu: there's 50mn ripple (MORE THAN BITCOIN) in circulation not trading anywhere
mircea_popescu: there's 11mn bitcoin out of 11mn in circulation trading at 120
mircea_popescu: That brings the total number of "institutionally held" XRP to 99.42 billion.
mircea_popescu: "you wanna buy our oil/diamonds/nubile young slaves/wtvr ? pay in MPCOIN!!!"
mircea_popescu: ThickAsThieves if i was the gaddafi of some place i would have by now.
mircea_popescu: fridge trades fridgecoin with microwave for microcoin...
mircea_popescu: maybe in the future every house appliance will have not only its own ip
mircea_popescu: this is the purpose of "regulation", and this is why it ain't happening here.
mircea_popescu: ok apparently sec just charged a city in florida with securities fraud
mircea_popescu: deadweasel it's never too late, just live in a sane country.
mircea_popescu: benkay_ i dunno how negligible it is man. if it burns rubber it sure as hell burns calories too
mircea_popescu: to this day it's the most read piece on my blog. every single day since then it has been
mircea_popescu: about a year ago i wrote an article, in romanian, titled " how to suck cock. guide for half of oral sex."
mircea_popescu: either way, for all we know they could be 10k in the hole
mircea_popescu: mjr_ actually it being a gamble... it can get 10k bet within the hour, and win it all.
mircea_popescu: soypirate it's mircea you know. if you just type mir ands hit tab it fills it in for you. but anyway, maybe there's some relation to usd
mircea_popescu: soypirate iirc the dividend was setting up to be very small
mircea_popescu: We make ASIC Bitcoin Mining Gear using the ASIC chips Sourced from Taiwan.
mircea_popescu: jborkl it's ironic that these people are using computers ;/
mircea_popescu: WILLdude it's per hashpower. not much to do with solo or pooled
mircea_popescu: after that all people need to learn is monthly rather than weekly dividends and we can hallelujah
mircea_popescu: jborkl i just hope that everyone learns from ThickAsThieves' thing that indeed shares should be planned like mpex always did it (ye, 0.00x to 0.000x per)
mircea_popescu: whereby the situation now is that there's three exchanges with one share between them ?
mircea_popescu: incidentally, am i the only one who thinks it's pretty hysterical that idiots like goat used to dismiss the sour grapes mpex as "only having three shares"
mircea_popescu: well presumably because only a variable fraction of the ttoal is passthrough't there
mircea_popescu: Rioters have lit fires and stoned emergency services in the suburbs of Stockholm for the third night in a row after a man was shot dead by police.
mircea_popescu: I am always on the look out for funds to invest my funds money in.
mircea_popescu: don't expect any of it back in any shape or form and you'll be even better.
mircea_popescu: so here's a refresher : Chase Manhattan has paid 16bn in litigation costs since 2009
mircea_popescu: WILLdude that's ok, you can do that with or w/o bitcoins equally well
mircea_popescu: but sepa transfers obviously you need to send from a sepa bank
mircea_popescu: jurov they always were slow with sepa because basically they had to launder money to do it.
mircea_popescu: ThickAsThieves seems unlikely the whale is muchly fiat influenced. you think he bought his stash ?