log☇︎
429200+ entries in 0.175s
mircea_popescu: the one point of concern is of course that technically anyone can create a pool user with an arbitrary hash power.
mircea_popescu: possibly.
mircea_popescu: just, it has to be done by serious people.
mircea_popescu: but asic technology per se is both unavoidable and necessary
mircea_popescu: i don't think much of the off-the-cuff asic manufacturers,
mircea_popescu: hm. pseudo-perpetual miner bonds are bad investments.
mircea_popescu: http://polimedia.us/dtng/c/res/18313.html#18385 lol that's kinda funny
mircea_popescu: it is pretty funny shit
mircea_popescu: Chaang-Noi i have access to SA's free transcription service, courtesy of lollie.
mircea_popescu: http://www.youtube.com/watch?v=2yJe2dRMJUg anyone know who this dood is ?
mircea_popescu: http://polimedia.us/dtng/c/src/136100590180.jpg ginger polis.
mircea_popescu: like gpg --list-keys --fingerprint
mircea_popescu: --fingerprint Namworld
mircea_popescu: o, also, ##buttcoin
mircea_popescu: strangely enough, people post on forum about missing glbse.
mircea_popescu: okay.
mircea_popescu: Diablo-D3 how many did you sell at 1 each ?
mircea_popescu: because i read it on somesitenobodyknows ?
mircea_popescu: do i ask you to explain why bitcoin is a scam ?
mircea_popescu: it's the internet, anyone can write what they please.
mircea_popescu: no but seriously
mircea_popescu: ask him.
mircea_popescu: Anduck dude, some idiot making some nonsense post in 2008 is hardly anything i need explain.
mircea_popescu: do that.
mircea_popescu: i said, look up "loaded question", it will benefit your education.
mircea_popescu: i do not say "don't ask me questions related to that"
mircea_popescu: no.
mircea_popescu: and since we're on it, look up "loaded question", it'll benefit your education.
mircea_popescu: the fact that you're tolerated on an irc channel i happen to frequent does not by itself give you the position to ask loaded questions.
mircea_popescu: polimedia stands on its own, it's a website on the internet.
mircea_popescu: we're at establishing who the fuck you are and what the fuck gives you the standing to ask stupid questions.
mircea_popescu: mno, we're not quite there yet.
mircea_popescu: i dunno, are you some sort of idiot ?
mircea_popescu: what ?
mircea_popescu: ;;ticker
mircea_popescu: o, back to 67.7 huh
mircea_popescu: http://www.sfgate.com/technology/businessinsider/article/This-College-Student-Founded-A-Startup-Delivering-4279375.php
mircea_popescu: ahaha this is insanity.
mircea_popescu: There's also a "Discrete Delivery" option, in which McCabe delivers the condoms to the student's door without the blue siren on his head.
mircea_popescu: hm ?
mircea_popescu: np np
mircea_popescu: Namworld ^
mircea_popescu: https://bitcointalk.org/index.php?topic=76506.msg1457231#msg1457231
mircea_popescu: done deal.
mircea_popescu: le ouch.
mircea_popescu: Bove uses several metrics to make his point, focusing on the dollar as a percentage of total world money supply.That total has plunged from nearly 90 percent in 1952 to closer to 15 percent now. He also notes that the Chinese yuan, the yen and the euro each have a greater share of that total.
mircea_popescu: aw
mircea_popescu: http://cdn.memegenerator.net/instances/400x/23743515.jpg haha that kid is supersweet
mircea_popescu: so says an anonymous email i got from a russian server
mircea_popescu: surely.
mircea_popescu: ya know, the lost 60 asics
mircea_popescu: knoxville.
mircea_popescu: if anyone is wondering where the avalons are...
mircea_popescu: office.
mircea_popescu: FEATURES: NoLabel is enclosed to the letter. Print a label and show it at your post
mircea_popescu: STATUS: sort order SERVICE: One-day Shipping NUMBER OF YOUR PARCEL: OFJ1EY6KIJ
mircea_popescu: Postal code contains an error. LOCATION OF YOUR PARCEL: KnoxvilleFort DELIVERY
mircea_popescu: Notification Our company’s courier couldn’t make the delivery of parcel.REASON:
mircea_popescu: also in the news, https://bitcointalk.org/index.php?topic=144319.0
mircea_popescu: is this etsy university ?
mircea_popescu: lol
mircea_popescu: heh.
mircea_popescu: http://finance.yahoo.com/news/dying-dollar-why-us-currency-213606781.html
mircea_popescu: heya
mircea_popescu: pm.
mircea_popescu: i don't recall this particular one, but yes btc accounting is the better way.
mircea_popescu: oops
mircea_popescu: FabianB_
mircea_popescu: nope, nothing at all.
mircea_popescu: you mean have i been sued or anything ?
mircea_popescu: a, sure.
mircea_popescu: what do you mean ?
mircea_popescu: which i might, if they're credible.
mircea_popescu: if i allow that someone
mircea_popescu: one what ?
mircea_popescu: im curious if they end up shootingthemselves in the foot by listing on some illiquid platform and never realising those prices tho
mircea_popescu: of course current rate of return won't last, but what ever lasts.
mircea_popescu: wow.
mircea_popescu: which would make each share worth up to BTC even.
mircea_popescu: so as it is currently i guess asicminer is worth maybe 2-400k BTC if it were listed on MPEx
mircea_popescu: they do have electricity/maintenance costs, and there is the risk their miners blow up (which eventually they will, these things wear)
mircea_popescu: 5.5k worth of debt, but that's not such a big deal
mircea_popescu: ;;calc 150 / 28
mircea_popescu: course, they have about
mircea_popescu: about par with s.dice
mircea_popescu: ;;calc 15 * 25 * 30
mircea_popescu: actually let's see. if they mine about 15 blocks a day consistently that's
mircea_popescu: (which is a silly thing to say, but hey)
mircea_popescu: its what they said.
mircea_popescu: but otherwise, there's nothing more to sell.
mircea_popescu: so... maybe some people didn't claim them, and so i guess they may revert to bitfountain
mircea_popescu: they were privately held.
mircea_popescu: looky : this company already issued its shares, on glbse
mircea_popescu: afaik glbse listed them at 200k shares, so, that would be "all"
mircea_popescu: if there are any i'd be surprised there be very many.
mircea_popescu: afaik there's no actual shares in that group
mircea_popescu: "when"
mircea_popescu: no, because they already issued and they promised not to dillute.
mircea_popescu: basically, they're very convolutedly going about implementing a mpex contract.
mircea_popescu: what do you read into that ?