723300+ entries in 0.355s
artifexd: AM almost has gen 3 ready so
the difficulty will probably start spiking again in a month or
two.
mrstickball: if you weren't seeing 20% diff increases every 10-12 days... it'd be very easy
to ROI. But
the ASIC arms race is only now starting
to slow
mrstickball: but I'd say
the catch is if difficulty slows down, you'd be good
fluffypony: you'd be surprised at
the number of old BFL ASICs still selling on eBay
mrstickball: artifexd:
they never will if you're looking at paying cash for
them vs. buying BTC
mrstickball: I may drop
the price a bunch and just
throw 'em out
artifexd: I am not aware of a single asic currently available
that will ever make its money back.
mrstickball: Just about.
The problem is
that
the factory sent
them
to me
to liquidate
them
fluffypony: TestingUnoDosTre: I
think
the point is
to mine, pay electricity out of pocket, and HODL until BTC has risen sufficiently
to profit from it
artifexd: TestingUnoDosTre:
That
translates
to effectively never
TestingUnoDosTre: I've calculated 25 month
to break even at current diff with no electricity costs
fluffypony: mrstickball: well having spoken
to Kate on
the phone I can confirm she is female and British
mrstickball: Duffer1: right. I just
thought it was unfathomably odd
that
there's a John W
that killed himself due
to fraud like
that in a similar window of
time
Duffer1: unless someone
took over
the Deprived account
the day of
that John Ws demise
then it's not
the same person
artifexd: The ice-fury usb is
the one I had up when I asked
mrstickball: they should be. Once in awhile
there may be an item
that has
to be revised
artifexd: mrstickball: Are
the "in stock" statements on your site accurate?
mrstickball: so
that was a dead end, at least from what I saw
mrstickball: I don't
think
there was any relation, AFAIK
ozbot: John Wood 'killed himself on motorway hours before he was due
to stand
trial for 6-figure fraud' | M
mrstickball: but all
the digging I did for a Jon W
turned up a securities guy
that stepped in front of a bus and killed himself due
to.......get
this.........securities fraud
mrstickball: and I started
thinking
that Kate's last name was Wood, so maybe Jon W = Jon Wood
Duffer1: you're right, everyone suspects
they're
the same person
mrstickball: Jon W and Kate disappeared nearly
the same day as each other. Seemed odd
Duffer1: fluffypony what's your project
that your listing?
mrstickball: for awhile, I
thought Kate was Jon W's alter-ego or something, because
they both disappeared at
the same
time
fluffypony: I have no idea, spoke
to her on
the phone a few
times and she seemed quite nice
mrstickball: Duffer1: I believe
they about have
that done now
Duffer1: ya would have been nice if
there was one
mrstickball: they are buying more rigs. I gotta deliver 40 Grids
to
them shortly w/
the voltage mods
fluffypony: Duffer1: well
there's a lot
to be said for a succession plan
mrstickball: if Si had been running CM from
the get-go or CT from
the get-go,
there wouldn't be issues
fluffypony: he's a nice fellow, I'm just letting sleeping dogs lie atm
till I figure out my next move
fluffypony: mrstickball: I've been chatting
to him about it
fluffypony: and
that agreement looks
to have fallen away
fluffypony: yeah I'm just nervous about
the changes higher up
mrstickball: we're still committed
to CT, but its always good
to look around
fluffypony: Duffer1: we're also supposed
to be an initial listing on CipherTrade
mrstickball: so I am simply shopping around and
to educate myself further on options
mrstickball: Duffer1: we likely are. However, it may be awhile before we can list due
to some regulatory questions
mrstickball: you can make a killing
there if it works right
Duffer1: mrstickball are you not going
to list on ciphertrade?
mrstickball: now, something can be said for BetaRigs contracts
to IPOMiner
mrstickball: its a good racket for
the people selling
the contracts
rithm: why anyone would still be stupid enough
to buy mining contracts is beyond me
TestingUnoDosTre: This maybe a stupid question, but can
those miners return a positive roi any more?
mrstickball: so we're looking
to work with
them
to put Bitcoin mining hardware in most states. I know our webstore needs a site revision (working on
that currently)
mrstickball: We do a lot of mining business on EBay, Amazon,
through
the eStore
ozbot: [Funded]
Tangible Cryptography LLC seeks LoC
to expand working capital
fluffypony: and you don't need
to give up equity for it unnecessarily
fluffypony: the latter ones are also very good
templates for how
to do a LoC
mrstickball: just landed a contract with a US retailer
to bring mining products
to 3 dozen US stores
fluffypony: I wonder how
the Lending section on Bitcointalk would react
to a LoC listing ala DeathAndTaxes?
mrstickball: I want
to make it larger.. a fair bit larger
TestingUnoDosTre: Personally, I would find a small group of people
to invest initially before ipo ing on a public exchange
fluffypony: mrstickball: I've been
thinking
the same
thing
pankkake: oh and CipherTrade is supposed
to open one day
pankkake: (me saying
that name is not an endorsment far from it)
mrstickball: so what other exchanges are out
there currently?
fluffypony: it'll possibly be revisited at some point, but only MP can answer
that
TestingUnoDosTre: It's slightly ridiculous
though. Last year, it cost approx 1/5 USD equivalent
to join. Where's
the added value?
fluffypony: mrstickball: yes, if you've got
the money and sense
to invest and play with
tens or hundreds of
thousands of USD equivalent,
the 30 BTC makes sure you know
that it's serious
mrstickball: I gotta pull out my gribble OTC keys from my old machine
to get back in
to
the WOT
mrstickball: I assume
the 30 BTC is
to provide some sort of barrier
to prove sophistication
fluffypony: "BTC withdrawals and asset
transfers : 0.02 BTC per."
fluffypony: "Buying/Selling/Option exercise fee : 0.5% from
traded amount in BTC"
fluffypony: besides, you can use CoinBr instead of paying
the 30 BTC
jurov: what's
the problem with using broker?
TestingUnoDosTre: But
they would moat likely have a lot less capital
to
toss around
fluffypony: TestingUnoDosTre: you'd have a lot more nervous (dangerous)
traders
TestingUnoDosTre: Also, would like
to see how
the volume changed if he opened entry fee
to something like 5 btc
mrstickball: but maybe
those
that invest in it have access
to something I do not
fluffypony: oh didn't realise,
that article I linked
to is by asciilifeform
mrstickball: its easily
the largest stock/entity of Bitcoin securities, but seems not
to warrant it in my view
mrstickball: I was just curious because
the volume is so.... strange
TestingUnoDosTre: But in all honesty, I haven't invested a satoshi in any of
these businesses
TestingUnoDosTre: I do
think
there was quite a bit of discontent with
the satoshi dice closing
mrstickball: They haven't listed any independent companies in a year if I am reading
that right
ozbot: The list of discontinued assets on MPEx pe
Trilema - Un blog de Mircea Popescu.
TestingUnoDosTre: Go
to bitbet, search Havelock, and see how many people
think it will last
through november
mrstickball: but my point was both
try
to list new companies