614500+ entries in 0.379s

Vexual: i see yo uagree duffer, i just like
to channel bb sometimes
Vexual: cmon
that must be wrong, like
the minercost chart on blackchain.info, just because its
the ny
times doesnt mean
they haven't left out some vital component of
the
truth
Vexual: perhaps something got left out of
the story, but prolly not
Vexual: theres a scoop cazalla,
the 150m card skimmer
Duffer1: here, please commit every fraud you can
think of
Vexual: so is carrying another dohickey
to sell your wares at
the local market
Duffer1: "Square, a six-year-old start-up, spent much of its early years giving away free credit card readers
to small and medium-sized businesses, asking for 2.75 percent of each
transaction"
Duffer1: hehe every last satoshi
that guy had
[]bot: Bet placed: 1.05760644 BTC for No on "Bitcoin
to drop under $260 before November"
http://bitbet.us/bet/1054/ Odds: 31(Y):69(N) by coin, 32(Y):68(N) by weight.
Total bet: 3.3742731 BTC. Current weight: 92,528.
Vexual: bigpicturemining would be
the crew
to
talk
to
Vexual: actually, if you fix
the second one, and compare it
to
the first one, you might get something interesting
RagnarDanneskjol: mmm anyone mining with gpu at
this point would be operating at massive loss, so doubt
that contributes much
to
the miner stats
Vexual: but hey if
the shit works, why change it right?
Vexual: -50k%sounds like gpu calcs
to me
Vexual: i might be
thinking of
the eclectricity one
RagnarDanneskjol: its just an estimate of
total net revenue capture by miners i believe
Vexual: wait, how does
that chart work?
Vexual: when exactly did
they change
the algo from gpu
to asic?
Vexual: like
the chemical boothers song
Vexual: not like
the galvanic scale, but, like, you know
Vexual: im with
tat, i
think
this 300 wall is designed
to have some kind of glvanizing effect
cazalla: happened a few
times
this year
Duffer1: i don'
think i've ever seen
that before
gribble: Bitstamp BTCUSD
ticker | Best bid: 299.99, Best ask: 300.0, Bid-ask spread: 0.01000, Last
trade: 300.0, 24 hour volume: 75859.24168345, 24 hour low: 275.0, 24 hour high: 335.0, 24 hour vwap: 303.733033662
assbot: Stockgeneration.com
The Forgotten Lessons We Learned & Mt Gox.
Vexual likes qntra.net :
telling me shit i din't know
Vexual: spend
the next 8 years chillin with ross
BingoBoingo: thickasthieves: You know unlike silver
this seems
the perfect way
to break JP Morgan. Buy BTC with credit cards, send
to external address default on
the card.
thickasthieves: lol
that Circle
test i wanted
to do a few days ago,
they said my purchase "failed"
xanthyos: BingoBoingo: why is
thedrinkingrecord down?
thickasthieves: "As I am writing
this, BitStamp & BTC-e prices (300) are 3% lower
than OKCoin (311) and other Chinese exchanges, indicating users outside of China are driving down
the prices, and China is following
the price drop. Simple as
that!"
assbot: Who is Leading
the Bitcoin Price Change – OKCoin Blog
gribble: Bitstamp BTCUSD
ticker | Best bid: 299.41, Best ask: 300.0, Bid-ask spread: 0.59000, Last
trade: 299.42, 24 hour volume: 72840.32833589, 24 hour low: 275.0, 24 hour high: 339.43, 24 hour vwap: 304.241790685
assbot: Logged on 05-02-2014 03:56:24; asciilifeform: i venture
to say
that
the actual goal of general-purpose (or whatever approximation is possible) homomorphic crypto is quite different.
TheNewDeal: on shitstamp, if someone has 15000 coins at 300, and
then I place 1 coin @ 300, how do
they choose which coin is purchased? First come first serve?
thickasthieves: for a while
the coinbase price was same as bitstamp, 300
The20YearIRCloud: but i dont plan on really
taking anything out,
too much incentive for me
to do
that
The20YearIRCloud: i'm
tallying
the difference, figure some day when company is flush with cash i'll cash out
Vexual: or can you
take it back out again?
Vexual: "putting it back into
the company account"
this means you gift it
to
the company?
Vexual: i assume you're a shareholder
tooo
The20YearIRCloud: ive been
taking 750-1000/mo
this year out of an allowed $1500-$3500
The20YearIRCloud: right now i can go
to 70% on mill & logan, but instead i've personally been
taking around a 25%-30% wage and just putting
the rest of it back into
the company account
The20YearIRCloud: don't know,
talking
to investors and
there's a possibility i won't
Vexual: when are you moving
to
the 70% wage?
The20YearIRCloud: Our average overall will stand at something like $400/btc
though, including
the original 1,000 BTC we got on BF
that was sold when BTC was around $80/btc
The20YearIRCloud: Haven't yet :( , HL has been slow on
transfering BTC
to us, so
there's been some exposure
to loss due
to
the massive decrease in BTC price
Vexual: what did you sell
the latest offering @?
The20YearIRCloud: Yield will certanly go down, our equity position overall is pretty great when you factor our average BTC sell price. Big question is when does it correct, how far does
the pricing drop? We're still about 20% lower
than peaks
Vexual: do you get paid in dollars
The20YearIRCloud?
The20YearIRCloud: Really has no effect, but
the BTC yield will look crummy at $2500 or more per BTC
Vexual: with
the latest offering, what btc price kills your growth?
ben_vulpes: most recent oglaf has inspired peals (i
tell you PEALS) of laughter around her
The20YearIRCloud: my hope was $100k cash + $100k LOC and
then set aside
the money 50/50 for flips & rental renovations so we'd always have money for a flip, which hasn't been
the case since last July
dub: Dimsler:
there is such a
thing as putting down
the shovel
The20YearIRCloud: not a huge need for more IPOs,
the reason for
this last one was so
the speicfic investor could fund a very specific property
that had a good return
Dimsler: with bots
that manipulate
the exchange
Dimsler: ben_vulpes, or
they could just keep your bitcoins instead
dub: no different
to mpif
ben_vulpes: how is
this any different from printing dollars?
The20YearIRCloud: Those wanting
to sell below .0075 have been cleared already, and i've made it well known
throuh investor communication
that we had originally planned on selling more shares at
the 2nd round IPO price at some
time in
the future
Vexual: are you using
the money yet?
Vexual: The20YearIRCloud: When do you expect
to start servicing loans?
The20YearIRCloud: this last one was specifically requested by our largest investor so he could buy shares. I
tried
to do it outside of havelock but
they wouldn't let me
ben_vulpes: it's market until you need more cash
then you freeze it
Dimsler: haven't heard anyone mention him ever since mircea_popescu
twattered
that he was going
to kill him
Vexual: whats
that like half pc on
the average?
TheNewDeal: who is
the "we" you're speaking of
the20yearircloud ?
ben_vulpes: this whole doing your reading
thing may be distasteful but it's not optional
assbot: Image
tagged in lawgs - Imgflip
TheNewDeal: there was an article
that
touched on it earlier
ben_vulpes: people model
this shit with oscillators, right?
thickasthieves: and
the price will likely spike *after* he's done selling
TheNewDeal: nice little 1200 chunk outta
that wall, for
those interested of course (dimsler)
thickasthieves: i do
think
this is having a calibrating effect and
the seller is doing a service
to btc
HeySteve: well
the drop will clean out some of
the silliest, so
there's
that
thickasthieves: they
think it's ironic cuz
the news' relation
to price
HeySteve: sure,
the "this is actually good news" meme
ben_vulpes: although i never bought 'em, i just
took
them
to
the cafe in powells and read
them
there
thickasthieves: <+HeySteve> I'm listening
to Antifragile audio book atm. heard it mentioned bitcoin is antifragile, could it be said
to be antifragile
to price action? /// yep, pretty much everything is good for bitcoin