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mircea_popescu: mostly because the nutso forum community is living on images, and images are asic companies expectations
mircea_popescu: for some reason the total hash output is notreflectign this yet
mircea_popescu: well no, it'll stagnate some periods, drop some other periods.
mircea_popescu: kakobrekla i meant in the future, it is going down, not in the continous
mircea_popescu: true end game performance also will require ~2-3 years of r&d and about 100mn - a few bn in fixed costs.
mircea_popescu: DeaDTerraMobil that'd be great, mind asking him to drop me a line here ?
mircea_popescu: so basically you're an assign ? or just came up with the plan to pool people on your own ?
mircea_popescu: BTC-Mining i think you're mining for bitcoins wrongly. mining != log in log out irc :D
mircea_popescu: DeaDTerraMobil what's your relation to friedcat ? seems it's a mu thing ?
mircea_popescu: DeaDTerraMobil can you give me a short version of what's this about ?
mircea_popescu: the way things are we'll end up with an argentine-type crisis. textbook example.
mircea_popescu: bitcoin'd do a lot better on a slow appreciation year after year.
mircea_popescu: sudden price upswings tend to draw in speculators, sudden price drops tend to scare away merchants, neither of these is actually desirable
mircea_popescu: this is insanity, the market is 99% convinced the btc goes up up up.
mircea_popescu: rg talk to BTC-Mining , he was doing some design for me earlier.
mircea_popescu: why force a point, i think. im sure in a few years or w/e i can bring them back or do something better or anyway.
mircea_popescu: yeah tjhey got axed a minute ago. truth of the matter is, i had a contest forthem, people could make 5 btc each to draw them for me
mircea_popescu: not just strictly that. so it might help. i dunno, i haven't done google ads in like 5 years
mircea_popescu: is that if you advertise on things like bitcoin vps you might get some close-ish queries
mircea_popescu: well rg don't quote me on this, but I think the way keywords work
mircea_popescu: that wouldn't be too hard to do, but wouldn't it be redundant ?
mircea_popescu: thought it'd be a nice way to showcase community talent but it didn't take me very far.
mircea_popescu: he was born when a star was twinkling or some shit you know.
mircea_popescu: well north korea has the advantage of the most excellent supreme leader kim.
mircea_popescu: there's numerous businesses that make 10k apr or w/e. most of them in north korea.
mircea_popescu: first world problems. if you were a poor african you'd have lost your entire life's worth of throwing rocks or w/e
mircea_popescu: ya but your bad orders would be otherwise perfectly punctuated and spelled.
mircea_popescu: what diff does it make ? the price offered prevails anyway no ?