729100+ entries in 0.36s
minersdidit: this bear market wont end until most of
the core developmeant
team is gone and btc foundation closed
benkay: by my count we're solidly in
the middle of september, akstunt600
[\]: Gavin hasn't left. He's just not
the lead dev.
Duffer1: i actually hope
the same
thing miners
MisterE: this is my first dip with
the #-assets crew :)
minersdidit: hopefully
this bear market leads
to most of
the devoplment
team leaving. gavin going is a positive step
[\]: if you've been around for a few years, you notice
the pattern.
[\]: TestingUnoDosTre, MisterE,
the
trolls usually come out about now.
Duffer1: testing i was
thinking it was one of
the
talk
twitter heads mircea_popescu pissed off..
MisterE: The
troll is strong here
today, must be
the exchange price has brought it out
[\]: They all disappear during
the bull markets.
[\]: TestingUnoDosTre, its easy
to be a bear when
there's a downtrend.
minersdidit: whose
taking bets on when
the bitcoin core has another security fuckup
[\]: gladd
to see you still have a mancrush
[\]: minersdidit, gmaxwell has nothing
to do with me
minersdidit: gmaxwell let you out of
the basement
today?
Duffer1: his earlier
talk about quantum economics gave me hope of interesting discussion, i was dissapointed
[\]: oh look, jackass
that has
to name himself after his argument so he doesn't forget
[\]: oh,
that's right,
the
troll
[\]: who's
the guy
that keeps repeating
the same statement over and over
benkay: holy fuck
that's a descent rate
MisterE: god has some industrial uses
too
gribble: Bitstamp BTCUSD
ticker | Best bid: 355.68, Best ask: 356.89, Bid-ask spread: 1.21000, Last
trade: 356.89, 24 hour volume: 61196.03807026, 24 hour low: 339.79, 24 hour high: 436.06, 24 hour vwap: 389.993712597
minersdidit: if
theres no exchange liquidity
the value
tanks like now
minersdidit: if
theres no liquidity
the price collapses like now
benkay: 'cept of course send it
to someone in argentina
benkay: give it 80 years, and bitcoin will be in
the same position.
danielpbarron: wait what? gold is good for
the same reason Bitcoin is bad??
minersdidit: ie in 24hrs more gold is
traded
then mined in a given year
minersdidit: gold is special because it has a high stock
to flow ratio
minersdidit: ask yourself whose on
the sell side when 50 people own almost all
the coins?
minersdidit: tards
think
they are participating or buying a piece of "technology" lol all
they are doing is
transfering wealth from 1 party
to another
danielpbarron: they might even have used
that 20000% markup
to buy BTC
minersdidit: even
they realized its better
to sell for fiat at 20,000% profit
then mining BTCs lol.
minersdidit: retail
tards have
to make back
their equipment
they paid 20,000% markup for
minersdidit: dude
that calculation is meanigless because half
these asics cost jackshit
minersdidit: miners are on
the ask side since
they are
the only ones with BTC incomes
minersdidit: tards labor away and get
their paycheck
to hand over
to ASK side. you know someone has
to be selling BTC for fiat. if its
the "future" why are
they selling it
Duffer1: i'm
trying not
to, everything you've said is so wrong in so many ways it's giving me a headache
minersdidit: so its like you already mined
the rewards when you sell hardware
minersdidit: only reason mining hardware is sold in
the first place is because of
the 20,000% markups and you get straight up fiat without having
to mine BTC first
then do
the pain in
the ass conversion
minersdidit: tard
trades paycheck for what a miner produced out of
thin air
danielpbarron: minersdidit: right, but
that has nothing
to do with operating costs
minersdidit: some
tard in his basement maybe has high costs
minersdidit: danielpbarron: you are clueless. producing an ASIC costs nothing, just becuase some scam companies sell
them
to retail
tards for 20,000% markup does not mean
they cost alot
to make.
the concentrated miners are producing BTC for next
to free.
danielpbarron: minersdidit:
there is a very predictable price point at which miners are better off buying BTC rather
than buying electricity
to mine
MGK: and GHAH mines
the block
ozbot: WTF? Healbe scampaign reaches $1m
thanks
to undisclosed contribution from Indiegogo’s hardware chi
MisterE: danielpbarron:
thats exactly what happend
MGK: but
that wont be
the case ever
danielpbarron: I wonder if a bunch of miners
turned off
their rigs with
the price dip
MGK: I just said
that
testing
MisterE: no sense wasting your
time here with a failed
technology eh?
minersdidit: since nobody has
them in
the first place lol
MisterE: you've yet
to articulate an accurate problem
that I've seen
minersdidit: how can you get any if 80% of
them are held by 50 people
minersdidit: nobody earns a bitcoin income other
then miners
minersdidit: no
thats just stupid nerds and robocoins doing
danielpbarron: Bitcoin doesn't require a palm print;
that's FIAT's doing
MisterE: btc finds
them wherever
they go with
their wallet
minersdidit: lol go send btc in 5minutes
to someone you cant even locate it in a city
danielpbarron: bitcoin is slow?????
try getting your FIAT in 30 minutes
MisterE: MGK: stop being a
tight ass and include some
tx fee it will be instant
MGK: it
takes like 3 days for me
to send bitcoin
TestingUnoDosTre: it
takes me lieeeeeek 3 days
to sell it and get fiat
to my bank
MisterE: minersdidit:
they would really benefit from your wealth of knowledge in
the BTCe chatbox
minersdidit: Deliberately and quite maliciously
tried
to meld
the BleedingHeart openssl vulnerability into
the Bitcoin code.
The move seemed bizarre at
the
timei, seeing how
there was exactly zero need and pretty much epsilon benefit of implementing such kludge, and given
that everyone with a clue involved pretty much agreed PKI is broken beyond repair anyway.
To properly understand
the implications of
this : NSA has had, for
two years
ozbot: The sins of
the group of posers behind
the so called “Bitcoin Foundation” pe
Trilema - Un blog d
MisterE: probably have more holdings
tho :p