log☇︎
686800+ entries in 0.495s
mike_c: not back to ipo price yet, but still.
mike_c: honestly i would rather see a btc investment that bought commodities rather than real estate. with the REITS I feel like people are expecting a BTC return. no one would think that with a commodity fund (similar to x.eur).
asciilifeform: (anyone seriously thinking about bidding up Ga should remember that it is a strategic metal - radar sets live and die by GaAs diodes. so anyone who fucks with the supply is liable to Can Also Have Problems) ☟︎
mircea_popescu: mike_c how about a btc fund that buys gallium ? :D
asciilifeform: anyone who remembers school chemistry will understand that impurities lower melting point
assbot: One or Two Ounces of Contaminated Gallium Liquid Metal Read | eBay
asciilifeform: why do any of this - is 'exercise for alert reader' of course.
asciilifeform: if you have two electrodes, put a current through it, while surrounded by electromagnet, it will move x cm up the ring in response to Y amps...
asciilifeform: you could weigh the metal purely electronically
mircea_popescu: you cant really fake metal to electrodes
asciilifeform: ideal container would probably be a toroid, half-empty
asciilifeform: verify that liquid.
asciilifeform: but yes, people would at least try. so, contents of flask must pour freely.
asciilifeform: lol! jurov, look at periodic table
jurov: also one needs to verify there is no cavity or tungsten bar placed in the middle
asciilifeform: of course, resistor could be trivially exposed with frequency sweep / bode plot (skin effect on Ga blob != impedence of ordinary resistor)
asciilifeform: but in that case the ampoule could not be full. you must be able to tilt it, to expose electrode (perhaps a scammer simply placed a resistor there)
jurov: now that's something
asciilifeform: (incidentally ampoule could include electrodes for testing conductivity
asciilifeform: well, 'fake' in this case is, achieve the melting point, with a well-conductive substance
mircea_popescu: asciilifeform the definityion of a fake is not being useful.
asciilifeform: that's actually the part that intrigues me - how do we fake gallium
mircea_popescu: i think this problem is often misrepresented by all the young cocks starting new things.
mircea_popescu: more's the point, you've not had the benefit of manyyear's worth of having thought about what the people trying to fake it might have thought about
asciilifeform: the only reason no one would even try this crap is the point mentioned earlier (100% of present-day use is industrial, mostly as GaAs semiconductor, fluctuating demand)
jurov: just to remind, the whole discussion started about ease of handling/verification vs. gold/silver bricks
jurov: there are other amalgams not suitable as solder, but for faking gallium in closed container something can be certainly though of
asciilifeform: so plenty of simple tests, once you pick a suitable container.
asciilifeform: at any rate, Hg has >2x the density of Ga. and the latter, unlike Hg, won't boil on a gas flame.
asciilifeform: there was something like wood's metal that did 80, i think
mircea_popescu: but maybe the reason that ive not found it is that your buying doesn't compare with 8 millenia of trying to defraud the currency
asciilifeform: mircea_popescu: if you can find me a eutectic solder that melts anywhere near 30C (but not liquid at room temp like Hg) i'll buy it right now.
jurov: if you can design "datskovskiy's container" that solves all of above properly, maybe that will be the thing you'll be remembered for
jurov: too many things that can go bad.. i'm keeping my bricks, thanks
jurov: if it's full one needs to solve the thermal expansion problem and still., also measuring the wall thickness accurately
mircea_popescu: asciilifeform you sur e ? eutectic is a thing
mircea_popescu: los_pantalones by hiring uglychicks to weart its tshirt ?
mircea_popescu: pankkake more of this fudingyou learned on btc forum i see.
jurov: you can't easily measure the volume while it's inside the bottle
asciilifeform: jurov: and it can stay in the bottle.
asciilifeform: jurov: so it'd be best stored in glass containers..and how do you ascertain it wasn't amalgamated with mercury << there's the beauty. melting point. no way to fake Ga melting point and have anything like the density.
los_pantalones: but that's maybe 10mm
xmj: godaddy throws money away on superbowls
mike_c: "The company said it would raise $100 million, but that is just a placeholder until closer to the offering date."
mike_c: that might be raising $100m, not the valuation
pankkake: so, they're the twitter of domains
pankkake: GoDaddy hasn't made a profit since 2009. The company lost $279 million in 2012. It bled another $200 million last year. This year doesn't look much better, with another $51 million lost in the first quarter
mircea_popescu: godaddy 100mn after whatsapp 20bn ? are they insane ?
mike_c: anybody in here have an account and try it out?
mircea_popescu: in the hopes a clueless buyer will just think a ok it's what itis
jurov: ok, i got such for first time
mike_c: in the hopes that a clueless worker bee will pay it.
mike_c: i like better the scam where they just send you a bill
mircea_popescu: jurov one of the more common finds when i review my spamtraps
mike_c: jurov: no. dime a dozen scam. i throw those out on a weekly basis
mircea_popescu: paypal has this thing where govts prosecute its competition
mircea_popescu: mike_c trying to be paypal. except they won't be able to
jurov: and he replied "okay, you should register them yourself"
jurov: i replied that no
mike_c: and i'm sure they just a few points off for their own pockets.
jurov: um a dude from @dc-data.com.cn wrote to me that some company named VOLKAN Tech Ltd. wants to register zillion coinbr.TLD domains
mike_c: circle does as much as it can to hide the exchange rate when you buy (from watching video)
ThickAsThieves: <+thestringpuller> The cost of liquidity is too high for most vendors... //// Circle can eat their lunch if they play their cards right - things will start getting interesting when you can buy for zero fees
mircea_popescu: !up toddf
mircea_popescu: i didn't realise this at the time.
mircea_popescu: you know, when i said the power rangers are too stupid to be on the internet and they said i'm just being evil, because they're about as smart as everyone else derping about "open source software" we were BOTH right
mircea_popescu: "allows man-in-the-middle attackers to trigger use of a zero-length master key"
mircea_popescu: "The biggest reason why the bug hasn’t been found for over 16 years is that code reviews were insufficient, especially from experts who had experiences with TLS/SSL implementation. "
assbot: Map of coins: the history of cryptocurrencies from bitcoin to dogecoin and more
ThickAsThieves: <+fluffypony> ;;later tell ThickAsThieves congrats, ATC is on here - http://mapofcoins.com --- neat! back to lumberjacking...
pankkake: shipping food *to* the US is the hard thing actually
thestringpuller: Well their shipping practices.
pankkake: if you write "electronics" they still it and claim it's lost, otherwise usually not
thestringpuller: I don't sell outside the US just sending you and MP cookies.
thestringpuller: Don't they open packages at customs?
pankkake: just sell your cookies on the darknets
thestringpuller: fluffypony informed me yesterday of the harsh import laws
thestringpuller: My lawyer was supposed to have me import/export papers on perhishables by now too...
thestringpuller: yea davout we are in R&D got held up. the chef is going to bonnaroo this week. Took me a lot to train him.
los_pantalones: company i work for provides btc liquidity to businesses, we settle net 7 or net 15
davout: thestringpuller: oic, weren't you supposed to send me a cookie for some reason i forgot?
los_pantalones: or you think that is too high ?
los_pantalones: so you would like to pay coinbase daily ?
davout: fluffypony: if it's $30 for < $10,000/day, $300 for < $100k, $3000 for < $1mn that's still a percentage
los_pantalones: so you think bitstamp is the market rate ?
gribble: Bitstamp BTCUSD ticker | Best bid: 647.37, Best ask: 650.21, Bid-ask spread: 2.84000, Last trade: 650.21, 24 hour volume: 7067.58768279, 24 hour low: 641.01, 24 hour high: 657.41, 24 hour vwap: 649.718914435
los_pantalones: but i want to know what you think the going price is
thestringpuller: lol davout i've been developing a cookie company but we want to migrate our profits into btc
davout: thestringpuller: that i got, wasn't the question tho :)
los_pantalones: thestringpuller what rate do you think is market rate?
davout: well, why don't they give a price then ?
thestringpuller: my business runs in fiat and I want to migrate the operating revenue into btc
fluffypony: davout: apparently even their Enterprise packages for > $100k daily are flat fee and not %
thestringpuller: but it costs too much!
thestringpuller: i want to migrate my fiat income stream into bitcoin
davout: fluffypony: it's not really flat -> Up to $100,000 daily
fluffypony: $30/month gives you up to $10k daily
fluffypony: thestringpuller: yeah, they've been doing flat pricing for a while already - https://bitpay.com/pricing
pankkake: really? perhaps I've only seen higher rates but maybe banks like to fuck small businesses
thestringpuller: I guess I'm just bitter since back in the day I could buy BTC pretty much at market price with 0.5% in fees.