mircea_popescu: dat cock.

mircea_popescu: http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

mircea_popescu: maximian exactly.

mircea_popescu: that'd actually be pretty cool.

mircea_popescu: yeh

mircea_popescu: thought you misspelled revealed.

mircea_popescu: hahaah owned me.

mircea_popescu: jurov they said so iirc

mircea_popescu: ya

mircea_popescu: a that

mircea_popescu: why so ?

mircea_popescu: and makes the 2th figure look like shenanigans really.

mircea_popescu: Network total 23.541 Thash/s atm, which is even worse.

mircea_popescu: closing in on 50%

mircea_popescu: and if indeed they have 12th it will be 16th in btcguild out of 37th total

mircea_popescu: by now it's 1/3 of the whole pool

mircea_popescu: alleged asicminer 2.2th

mircea_popescu: http://www.btcguild.com/halloffame.php

mircea_popescu: somewhatbashful will love that1.

mircea_popescu: o hey

mircea_popescu: went form 21 to 27 in 16 hours ?

mircea_popescu: 27 ? srlsy ?!

mircea_popescu: it's like... wow.

mircea_popescu: the wow

mircea_popescu: ;;ticker

mircea_popescu: ;;ticker

mircea_popescu: which bot ?

mircea_popescu: im curious how the recent bitcoinica drama will unfold.

mircea_popescu: this is true

mircea_popescu: :p

mircea_popescu: mt gox has something like over half, i think

mircea_popescu: mjr_ it's not the case.

mircea_popescu: but prudential is what it is.

mircea_popescu: he did some open source stuff, whiz kid

mircea_popescu: he IS a good guy

mircea_popescu: http://gizmodo.com/5940507/bitcoin-exchange-bitfloor-suspends-operations-following-250k-hacker-heist

mircea_popescu: so, i wouldn't keep btc there. but if you're ok with the risk, hey.

mircea_popescu: DeadWeasel they had a breach and currently owe the customerbase btc

mircea_popescu: let me save that in my directory.

mircea_popescu: heh.

mircea_popescu: both .3

mircea_popescu: if all banks default or something.

mircea_popescu: cause "everyone" knew if it comes to it fed is going to pick jpm to save

mircea_popescu: which was funny, at the time

mircea_popescu: and jpm

mircea_popescu: and at that time, citi and boa seemed primed for the same fate iirc.

mircea_popescu: depends. some things actually go out. that's why i picked leh.

mircea_popescu: but... most people'd have been ill advised to buy it

mircea_popescu: i mean... sure, i made money long on LEH

mircea_popescu: ya well, you don't know if it ever recovers is their idea

mircea_popescu: and they get paid $$$ for this

mircea_popescu: then rebuy when it's back up

mircea_popescu: advisors are actually telling people like stanford to sell when price goes down, and the more it goes down the more to sell

mircea_popescu: well, it's that intelligent markets theory or w/e

mircea_popescu: not really as fundamentally different as people paint em

mircea_popescu: reason and emotion use the same circuitry but different heuristics is all

mircea_popescu: im not sure i dig this entire reason/emotion debate.

mircea_popescu: iz i was using that example deliberately :)

mircea_popescu: prolly larger impact than the few cents

mircea_popescu: iz that's a good point yes

mircea_popescu: mjr_ the key is if they find a new jobs. they don't, they're dead.

mircea_popescu: much to their benefit.

mircea_popescu: ya well, netflix didn't have every hipster tard on their wagon

mircea_popescu: netflix beat earnings and it went up 908534905034%

mircea_popescu: lol actually

mircea_popescu: negligible of total.

mircea_popescu: but self directed ?

mircea_popescu: mjr_ it's not like joe six pack has sotck money

mircea_popescu: boy that disaster is gonna smart.

mircea_popescu: mod6 yah.

mircea_popescu: not if they're well managed.

mircea_popescu: mod6 i suspect they have some wicked tax avoidance idea they'll tery

mircea_popescu: give me an example of a corp where it worked.

mircea_popescu: i never understood the sense of it.

mircea_popescu: i know what it means

mircea_popescu: i never quite understood this taking private business.

mircea_popescu: because it sucks ?

mircea_popescu: mjr_ right.

mircea_popescu: hm ?

mircea_popescu: which worked out ok.

mircea_popescu: i was mostly into it to hedge

mircea_popescu: and by "thought" i mean swore their babies on

mircea_popescu: remember, back in aug and even sept peoplethought bfl delivers 1st batch in oct

mircea_popescu: people would take things like "diff will be under 50mn" at even money etc.

mircea_popescu: yes.

mircea_popescu: 100 btc bet then worth like 700 or w/e, 200 btc won now worth like 5k ?

mircea_popescu: well if you want to look art it this way, i was making bets on diff this year as far back as aug/sept 2012

mircea_popescu: yes, for the current month. but past months are water under the bridge far as you're concerned

mircea_popescu: i can totally see it.

mircea_popescu: cause well... gamblers are rational people and everything

mircea_popescu: well, there's this theory that people will bet less if btc are worth more.

mircea_popescu: aha

mircea_popescu: mjr_ what's your exit point ? or didn't establuish in advance ?

mircea_popescu: as smooth as 16yo bikini wax

mircea_popescu: there is just no way.

mircea_popescu: this is totally ponzi.

mircea_popescu: so 5 months and 2 weeks converges to like 0.02!

mircea_popescu: ;;calc .66 / 26

mircea_popescu: how long you been in mjr_ ?

mircea_popescu: Bugpowder are you copying this ?