685600+ entries in 0.462s
assbot: BtcAlpha.com F.MPIF
Tracker estimated NAV per share: 0.00021649 BTC (Total: 433.00 BTC). Last
trade for F.MPIF on MPEX was at 0.00021703 BTC [-]
jurov: on
that note, can't be some mpif put into idiff MMing?
mike_c: fine, we won't be
the first. but still best greatest.
jurov: to be precise, i did not bet against difficulty,
too. just sold
them at sufficiently high price
jurov: till
tat + asics came around
mike_c: no way.
they've all been capped?
mike_c: nobody has made money on idiffs betting against difficulty,
that's for sure.
mike_c: i
think we'll lose, but i like
the odds now.
mike_c: no
thank you! we'll be
the first ever
to make money betting against difficulty :)
jurov: he's using forum
tards
to generate hashrate?
BingoBoingo: No idea, but
there's a bunch of forum
tards and such out
there...
jurov: how many asics are
there?
assbot: bitsquare.io -
The P2P Fiat-Bitcoin Exchange
BingoBoingo: I'm also considering less concentrated spots, like
the Hillbillies in
Texas and
the MiddleWest whose data center is
their garage.
BingoBoingo: Well, knc ships miners out
to other people doesn't it? I
think Asicminer is somewhere costal south China.
jurov: well, stockholm forecast is up
to balmy 24C .. not something
to fry knc datacenter
BingoBoingo: ;;later
tell
TheNewDeal I'm afraid I'm out of 'No' stake
to sell without losing my excitement.
BingoBoingo: Alright. When summer cooks
the miners and its
time
to pay you I'll ask for an address.
mike_c: ok. i'm going
to send from a hot wallet, so don't send my winnings back
there :)
BingoBoingo: mike_c:
The payout address for
that bet works 1PzuSnKaJsKwgyAqb6sqc5nsw55v2MnHoz
mike_c: what fun is
that. i'll
take it at cost.
jurov: afaik maintenance is
the part
that is currently heavily subsidized for fossils
BingoBoingo: mike_c: I'm amenable
to offering it at a discount, i.e. selling
the 0.5 stake for less
than 0.5 BTC.
mircea_popescu: jurov i
think he's done plenty of math. it goes like
this : "im
too old
to get it up anymore. will be dead soon anyway. who
the fuck cares."
jurov: i really don't know if it's realistic, but i don't
think buffett haven't done any math around it
mike_c: BingoBoingo:
this is b39, right?
jurov: the expectation is for
the 48
to get down, and for 3
to get up
BingoBoingo: mike_c: I'd be amenable
to selling up
to half my bitcoin's stake in
that bet.
jurov: and solar/wind is expensive
to install, not
to produce
mircea_popescu: the us (and eu) are being crushed atm because
they're paying
the 37, whereas russia, saudi arabia etc are pocketing
the 10
jurov: how it is a gain
to
the govt? slovak one, not russian
jurov: now
the earth gas supplied
to europe is which one?
mircea_popescu: the idea
that stuff costing 50 will be able
to compete with stuff costing 3 once
the govt is out of
the picture is nutty
mircea_popescu: whereas pork costs 3
to produce, and every kilo sold is a 10 gain
to
the government.
mircea_popescu: except,
the beef costs 48
to produce, and every kilo sold is a 37 loss
to
the government
mircea_popescu: so currently,
the situation is
that in
the marketplace, a kilo of beef costs 11 and a kilo of pork costs 13
jurov: plus, if musk succeeds
to get prices of batteries down
mike_c: BingoBoingo, you still want
to sell some no?
mircea_popescu: govt won't be able
to keep picking up any of
the
tab in
the future,
mircea_popescu: the only reason "renewables" seem economical atm is because govt picks up 80% of
the
tab.
jurov: expecting oil price
to keep climbing in comparison
to renewables is pretty safe assumption
jurov: is either side of
that bitbet safe?
fluffypony: someone should just
tell him about BitBet
jborkl: I
tried reading
the actm
thread and gave up,
jborkl: I rarely go
to
the forums anymore, but I guess all
the actm peeps finally figured out it was a scam?
benkay: why economics over
thermodynamics?
benkay: sounds like less of an economic pressure and more of an environmental pressure. new predators in
the environment.
benkay: "Black population in Africa will become extinct under pressure from (legitimate) Chinese economic interest much in
the way Red population in North America became extinct under pressure from (legitimate) European economic interest."
assbot: Microsoft poised
to
take Web server crown from Apache
The Register
jborkl: ;;later
tell mircea_popescu I have a idea for
the cherry
truck, remind me next
time
jborkl: ;;tldr mircea_popescu I have a idea for
the cherry
truck, remind me next
time
Mats_cd03: some
trivia: a lord jeffrey is responsible for
the biological warfare against
the reds, and
today he has a bustling college
town as his namesake
jborkl: not really sure why
though, not like it would make any difference?
jborkl: <asciilifeform> It was a DDOS attack it went up
to 750k kpbs for a few hours
this morning
then stopped
benkay: mircea_popescu: i was under
the impression
the reds died out under a disease barrage from
the early western explorers, far before
the smallpox blankets.
TheNewDeal: it will cost more doge
to get one btc
the more exchanges
trade
BingoBoingo: asciilifeform: Probably next week. I'll just need some fiberglass
to duct
tape
to
this lawnmower.
TheNewDeal: I
think
the more avenues where btc/doge can be
traded,
the lower doge/btc will become
assbot: Expresscoin Launches
to Become Coinbase for
the Unbanked - CoinDesk
mike_c: bitbet: ISIL
takes baghdad
Mats_cd03: opec should reconsider
this morning's news
assbot: Iraq city of
Tikrit falls
to ISIL fighters - Middle East - Al Jazeera English
assbot: Poll: What name would be best? -
TCnext
fluffypony: I expect
to be like a well-matured red wine by
the
time I die
mike_c: kakobrekla: sometimes shit gets accidentally converted
to floats :) maff is hard.
BingoBoingo: Slowly, hopefully it will
take another century.
jurov: BingoBoingo I gather you want
to
taxidermize yourself alive?
BingoBoingo: mike_c:
That's what
the Vodka's for. It's a preservative.
mike_c: srsly BingoBoingo.
those gawker sites are going
to rot your brain.
jurov: ass
time is good
time
BingoBoingo: It's always a good
time at
the Asstime Car wash
fluffypony: BingoBoingo:
that is a great name, I much prefer it over
the original
TheNewDeal: we're nethashing at 89.9 PH, once we pass 91.1 we should be finding faster
than 554 s/ block
kakobrekla: <mike_c> imagine if
they had
three cans < imagine if
they could do maff
TheNewDeal: I wouldn't dare attempt something along
those lines
TheNewDeal: April 29 - May 12
the difficulty increased 10.66 %. Blocks came
through on average 542 seconds.
To get 3 changes, we need
to find blocks at an average of 554 seconds
assbot: Storm Damage Greatly Improves Name Of
Tennessee Car Wash
BingoBoingo: TheNewDeal: I'm
telling you
that Datacenters in
the summer aren't pretty. Mix
that up with Knc's generally sloppy build quality...
TheNewDeal: bingoboing I'm also looking at
the short
term history for comparison