log☇︎
423300+ entries in 0.143s
mircea_popescu: heh
mircea_popescu: funny, calls sold earlier lol
mircea_popescu: ;;ticker
mircea_popescu: but after a while it gets utterly boring.
mircea_popescu: yeah, tghat may be fun
mircea_popescu: but it is not retirement.
mircea_popescu: that may work yea
mircea_popescu: no, that's when it's really obvious how empty/pointless/mindless you really are.
mircea_popescu: most dumbasses that win the lottery end up dead / in jail / poor again
mircea_popescu: ya well, that's the thing. takes a lot of brains to be rich and bored in the end.
mircea_popescu: mkay, so that's murky. what else ?
mircea_popescu: you can't solve people's problems for them.
mircea_popescu: there's a reason they have them now, and that reason ain't the aliens.
mircea_popescu: within a coupla years they'll have worse money problems.
mircea_popescu: that's stupid.
mircea_popescu: there's only so much flan a person can eat, to quote one of the recent billionaires.
mircea_popescu: what'd you do ?
mircea_popescu: heck, i know plenty of bored rich people.
mircea_popescu: cause how bored you are depends on what you're doing not on how rich you are.
mircea_popescu: BitHub what's that ?
mircea_popescu: toffoo hehe, romania of the 90s was... exciting.
mircea_popescu: but after a while retirement becomes unbearable.
mircea_popescu: the rum was good, the aguacate nice, the mango fantastic an so on
mircea_popescu: well eventually you have enough of playing poker with aging american expats
mircea_popescu: toffoo i sold everythign and went to costa rica, basically.
mircea_popescu: toffoo i don't think it'll be too soon.
mircea_popescu: zefir BitHub i guess there's about 20 years keeping you apart.
mircea_popescu: toffoo what do you mean how ?
mircea_popescu: but a few years ago it was major yawn time.
mircea_popescu: well atm im not bored, all with mpex and shit.
mircea_popescu: i am.
mircea_popescu: srsly.
mircea_popescu: i've done it already. retirement is boring as shit.
mircea_popescu: lol what a strategy
mircea_popescu: they're really very equal.
mircea_popescu: asicminer has a 10ish being delivered and making another 20-50
mircea_popescu: avalon has about 10-20th being delivered atm and making another what, 20-50
mircea_popescu: the actual asic producer has not yet been born i would guess.
mircea_popescu: zefir for sure.
mircea_popescu: is the best reasonable expectation.
mircea_popescu: Chaang-Noi about one third asicminer, one third avalon, one third old network + others
mircea_popescu: just going by that
mircea_popescu: zefir http://bitbet.us/bet/265/bfl-will-deliver-asic-devices-before-april-1st/
mircea_popescu: bfl is never delivering anything.
mircea_popescu: zefir well, finance is speculative.
mircea_popescu: still low volume.
mircea_popescu: !ticker btctc asicminer-pt
mircea_popescu: fpga needs a lot more than 2x to stay competitive.
mircea_popescu: how would it be awesome
mircea_popescu: o boy. what a bomb
mircea_popescu: the first gpu miner...
mircea_popescu: heh
mircea_popescu: since now all that is being paid for, people get a much better idea of their actual costs.
mircea_popescu: the thing is before a large portion of mining cost was hidden (as "free" expertise)
mircea_popescu: by then probably better units need to be bought. and so...
mircea_popescu: take a while for a 60gh asic to cost 1.x k usd in electricity.
mircea_popescu: midnightmagic i'd guess electricity will never be the bound. fixed costs amortisation will always be larger from now on
mircea_popescu: Bowjob i think midnightmagic bought some, you can ask him
mircea_popescu: Chaang-Noi possibly.
mircea_popescu: maybe they get as high as her high
mircea_popescu: well, they got as high as the girl's low band.
mircea_popescu: bitcoin is so bubbly i swear.
mircea_popescu: BitHub o, the gumpys. i never cancelled, the other party vanished.
mircea_popescu: that's none of his busioness.
mircea_popescu: Chaang-Noi nope. i pay by costs not by what seller judges "i might make"
mircea_popescu: what film you mean ?
mircea_popescu: me ? no /
mircea_popescu: i wouldn't pay 10k for a computer just because i can make 10k on a computer in 15 days
mircea_popescu: what i do with it is nobody's business, what the heck is this.
mircea_popescu: computer equipment is computer equpiment.
mircea_popescu: that's about it.
mircea_popescu: i would pay 1300 dollars within 60 days for a delivered and guaranteed asic.
mircea_popescu: i wou;dn't pay 10k for one.
mircea_popescu: this is a little more than what asicminer increased. so... he's about in the market atm.
mircea_popescu: ;;calc 10/13
mircea_popescu: they retailed for like 1300 neh ?
mircea_popescu: 10k is lowballing ?!
mircea_popescu: people are in the end allowed to keep their privacy.
mircea_popescu: Bowjob there were some who did report privately. i knew of a few.
mircea_popescu: safest scenario possible, it really surprised me.
mircea_popescu: and 2. that these are producing each less than about half the network
mircea_popescu: anyway, it's very fortunate and convenient that 1. asics are delivered by two companies with roughly equal output
mircea_popescu: let's just go with a very barebone summary i say
mircea_popescu: Bowjob ya well, keeping accurate accounting of all the weird communication people pour into the market out of noobishness and whatever other reasons is difficult.
mircea_popescu: asicminer, also ready in january, also 12 th, has slowly been bringing units online to about what, 5-7th now
mircea_popescu: this was supposedly ready on january.
mircea_popescu: Ukto batch 1 was like 200 units iirc. that's a total 12th or thereabouts.
mircea_popescu: Ukto re avalons, some deliveries have been popping up in the us
mircea_popescu: anyways. just taking the opportunity to compare notes.
mircea_popescu: in fact, afaik none did pursue the matter when confronted
mircea_popescu: this is also true
mircea_popescu: and the guy with the emails db claimed that it was mtgox poor practices (course... he's the thief)
mircea_popescu: midnightmagic it's a fact that customers had been reporting passwords being broken into which tux/gox blamed on customers, for weeks prior.
mircea_popescu: okay
mircea_popescu: bought bring online something like 10-20th by march.
mircea_popescu: both had product in january-ish
mircea_popescu: well, so they come out to about even as best i can see.
mircea_popescu: midnightmagic the sticky issues in my mind is whether the hacked account at that time was mtgox selftrading on customer credit, and whether the email leak at that time is something they failed to prevent
mircea_popescu: Ukto they were 60gh each, by spec iirc
mircea_popescu: okay.