log☇︎
440600+ entries in 0.104s
mircea_popescu: o.o
mircea_popescu: unless some of its input is spent
mircea_popescu: a broadcast transaction pretty much never dies if i understand this correctly
mircea_popescu: Namjies ya, i wasn't too careful.
mircea_popescu: 500%. ftw.
mircea_popescu: ;;calc (0.00062/0.00054214) ** 12
mircea_popescu: !ticker s.mpoe
mircea_popescu: o, the bitcoin-market.eu it was.
mircea_popescu: i don't remember who it was i was quoting, but a few people were spooked.
mircea_popescu: ya well i nearly created a panic yest
mircea_popescu: ty.
mircea_popescu: I AM QUOTING.
mircea_popescu: IT IS NOT ME GOING OUT OF BUSINESS PEOPLE
mircea_popescu: i forgot the quotes again
mircea_popescu: IF we decide to liquidate (ie no other alternative is presented) be aware that the debt to enterpoint is larger than our current liquid assets, and the liquidatable value of those other 4 boards isn't very high with ASICs around the corner. Ideally another alternative will be possible. We'll see in the newyear.
mircea_popescu: C) Some other alternative I haven't thought of yet.
mircea_popescu: B) Someone else will need to pick up the torch and continue operation (At the vote of shareholders).
mircea_popescu: A) BTCSYN will be shut down, and we'll figure out a sane way to do that (liquidate and pay out to shareholders using this list)
mircea_popescu: So this means either:
mircea_popescu: This doesn't mean that it's doom and gloom. (though we've had plenty of that already). What it means is that I won't have time to maintain the miners, keep things running, or run the sites/infrastructure.
mircea_popescu: join the clubn
mircea_popescu: !!!
mircea_popescu: "or you can cover your debts with a loan from yourself by this EU third party whom mystifies stuff, which is state business again.. and any government is fraudulent."
mircea_popescu: lmao this is today's top comedy
mircea_popescu: http://trilema.com/2012/is-smpoe-really-worth-that-much/#comment-91079
mircea_popescu: works out to like -99% API ? lol
mircea_popescu: its laughable
mircea_popescu: i guess it shows i never use it lol
mircea_popescu: o srsly ?
mircea_popescu: in other news, btcjam lol. https://bitcointalk.org/index.php?topic=112447.msg1413923#msg1413923
mircea_popescu: i thought you said above this data is market orders only ?
mircea_popescu: a trade can be eitgher limit crossing limit or market crossing limit
mircea_popescu: how do you even distinguish market from limit orders on mtgox, do they mark them in some api output ?
mircea_popescu: mmm
mircea_popescu: that's a sentiment guesser not a historical descriptor.
mircea_popescu: orders rather than actual trades
mircea_popescu: o, well if its +delta then sure.
mircea_popescu: JWU42 obviously not actual rules, just tendencies
mircea_popescu: not the other way around
mircea_popescu: the buyers are many and small timers, the sellers are few and sell large chunks
mircea_popescu: nah cause people don't want the kyc
mircea_popescu: yes.
mircea_popescu: gox is used miostly for inflow, people take money out privately.
mircea_popescu: it's the other way around if anything
mircea_popescu: it would propose most outflow goes through gox but not most inflow, which is nonsense
mircea_popescu: even so.
mircea_popescu: you can't have more outflow than the total inflow to date.
mircea_popescu: outflow is outflow
mircea_popescu: this is a logical impossibility
mircea_popescu: for one, outflow far exceeds total inflow at most points.
mircea_popescu: kakobrekla im not sure i trust that data.
mircea_popescu: tbh i think we are headed for a recession.
mircea_popescu: all this due to capital constraints
mircea_popescu: or else next year.
mircea_popescu: EskimoBob may is impossible. either jan, feb or march in degrading order of likeliness
mircea_popescu: and i suspect this is the more likely outcome.
mircea_popescu: if they fail to make asics in these runs, there's no asics in 2013 at all.
mircea_popescu: which means asic companies have all the money they will everget, period.
mircea_popescu: also means miner market is pretty much saturated/no more dollars pouring in
mircea_popescu: worst scenario for btc, but hey. it's what it is.
mircea_popescu: i guess everyone was hoping for price spike, that didn'ty happen so miners are going offline
mircea_popescu: lol
mircea_popescu: gigavps yes, diff has been dropping steadily.
mircea_popescu: jurov live.coinbr.com is down ?
mircea_popescu: EskimoBob tis unclear. new team trying to turn things around
mircea_popescu: ;;later tell namjies https://bitcointalk.org/index.php?topic=131922.0
mircea_popescu: re blog comment : for every 500 btc i make smpoe must appreciate by 5k ? is this sustainable ?
mircea_popescu: re the open interest... already so many numbers in there ;/
mircea_popescu: smickles lol yeah
mircea_popescu: but no, i was thinking more blew in the sense of http://polimedia.us/dtng/c/src/135601348721.gif
mircea_popescu: ahahaah remember the good old days
mircea_popescu: well, usagi is a valuable dramadition to any exchange that'll have him.
mircea_popescu: should i snap out the visual aids for that "blew" ?
mircea_popescu: lol he blew ss ?
mircea_popescu: total cpa + nyan + bmf
mircea_popescu: dmc was 5x that when it started ffs.
mircea_popescu: iirc never over 1-2k btc, was he ?
mircea_popescu: lol wait, usagi was ever big ?
mircea_popescu: before or after ?
mircea_popescu: something like http://polimedia.us/dtng/c/src/135186901024.jpg
mircea_popescu: smickles : send the missus, i send back pics ?
mircea_popescu: you just ferry across to like estonia
mircea_popescu: 2.2k km
mircea_popescu: pff
mircea_popescu: ;;google distance timisoara Espoo
mircea_popescu: being high density unlike the us
mircea_popescu: europe has excellent trains
mircea_popescu: i think it's like 10-12 hours on train
mircea_popescu: iirc you can't do that.
mircea_popescu: lol
mircea_popescu: were you buying ?
mircea_popescu: smickles i think those were sells, by the price
mircea_popescu: i sent rowit.co.uk folks a mail see if they're up for it
mircea_popescu: which one is bmf again ? usagi ?
mircea_popescu: sr, possibly.
mircea_popescu: maybe one or two miners
mircea_popescu: we just don't know yet.
mircea_popescu: possibly the one asic maker that actually delivers is there too
mircea_popescu: thestringpuller hard to say. mtgox and sdice are there for sure.
mircea_popescu: trying too hard is a failure mode.