log☇︎
73800+ entries in 0.956s
mircea_popescu: so lulzy how the actual miner is plumeting and all the scams are floating as if nothing happened.
gecko_x2: i'd like to see a decentralized p2p exchange system based on a similar protocol as torrent, with it's own public blockchain
gecko_x2: as it represents a deadly threat to their own existence
ThickAsThieves: def not as simple as that, but i agree with the statement in and of itself
freeroute: I guess you could say that, but it's in the same league as being required to use a Windows OS to fill in your tax forms and / or use other online municipal facilities.
kakobrekla: Quote from: Inaba on Today at 05:30:12 PM : I suggest you read up on how bitcoin difficulty works as related to hashrate on the network. Whether it's 10 months or 1 month, it's completely immaterial to your ROI. The network difficulty would be far greater than it is now back in December if we had shipped everything in October and you'd have the same people complaining because they don't understand how bitcoin works.
mircea_popescu: ThickAsThieves more like anyone trying to push a scam trying to make the most of what they perceive as "an opportunity"
kakobrekla: it could as well be that the risk assesment is wrong
mjr_1: exactly...if word gets out, and they grow 10X as large
mjr_1: my only point is, this could be AWESOME for them as a business, or could be TERRIBLE
mjr_1: serve as cautionary tale to other businesses
kakobrekla: and then bitcoin will end up as the bad one as 'you cant get usd back ever again, dont use it'
matuszed: as soon as ACTM sold AM got bought
pankkake: as a Sunn O))) fan, I'm not that impressed by low bass :p
pankkake: however, *i0coin* was abandonned as a merge-mined coin for a while
ozbot: Bitcoin Spawns China Virtual IPOs as U.S. Scrutiny Grows - Bloomberg
matuszed: http://www.bloomberg.com/news/2013-08-20/bitcoin-spawns-china-virtual-ipos-as-u-s-scrutiny-grows.html
KRS1: i still made money but not as much as i could have..didnt want to get greedy
KRS1: as in fraud
Namworld: As in, residue from producting Bitcoins
ystarnaud: as long as it goes over 0.0023 im happy
ozbot: Bitcoin recognized by Germany as legal tender
dexX7: http://www.cnbc.com/id/100971898 - "I think it is interesting that Germany has gone ahead and given legal status to the bitcoin, as it could become an alternative to the euro if the single currency ever ceased to exist," Brooks said. "If the euro does go belly up the German authorities could potentially still collect tax if everyone started using the bitcoin - that's a good example of
dexX7: Rulother: i'm not sure, where you are heading with bcoinnews, but here are my thoughts :) if you fulfill the following critera, it would be awesome and i would even pay for this service: "if i solely read the news feed, there is nothing relevant i'd miss" and "news are pushed as fast as it would take, if i browse the forums, reddit, news sites etc. by my self"
Rulother: Which with the right apps, you can remotely control through your phone/tablet as well.
dexX7: <gecko_x8> from 17 to 23 on no news = scam << what would you consider as "news", if not an announcement (legit or not)?
mircea_popescu: as long as it's nothing about anything verifiable yeah, there's supposed to be news lol
gecko_x8: "TLDR; Things are going as planned with no delays as of yet. Labcoin expects to hash at approx 6TH within 3-4 weeks and 50TH+ by mid to late October. Serial production run of chips will start early Sept. Pictures of chips, schematics and miners etc. will be posted as they become available. Website is undergoing redesign and will feature a real-time mining statistic as soon as the mining
ozbot: Bitcoin Bites: Germany recognizes digital currency as 'private money' - YouTube
mircea_popescu: The NSA data center in Bluffdale could require as many as 1.7 million gallons of water per day to operate and keep computers cool.
mircea_popescu: "It’s no matter if a student comes to the conclusion that 3 x 4 = 11. So long as they can explain how they made this erroneous determination they go home with an ‘A’."
mircea_popescu: have they supported it because i have ? perhaps, maybe, to some degree. as a shortcut, cause they know i can think.
gecko_x8: that's not the same as buying lottery tickets
gecko_x8: and treating a man with 0.1 btc the same as a man with 1000 btc
mircea_popescu: rather than as a result of them taking out contracts on their own people from the higher bidder.
mircea_popescu: anyweay, the backstory on the barbecuran thing : at the time the notoriously dishonest us propaganda machine was pretending that their benghazi personnel died as a result of some dude publishing youtube videos
ozbot: The Daily Dot - Germany becomes first country to recognize Bitcoin as currency
bobbabad: just seems a bit dodgy.. no limits to deposit or withdraw as far as I can find
afrotec: yeah i've heard the 10 per day as well
Namworld: ok, fuck Android Wallet that refuses to let me export my private key as plaintext.
Diablo-D3: as long as their money is with me, its not being wasted by scammers
mircea_popescu: bitcoin is dead as an open source _development_
mircea_popescu: might as well be a bunch of ignorant kids, and therefore brave.
mircea_popescu: a a, you mean on as in about.
thestringpuller: mircea_popescu: I would go as far (with truffles thought), that you can line up even a billion rich pseudo-smart idiots
mircea_popescu: thestringpuller yes. there's this deeply entrenched mentality of stupid, in the us. it manifests as people spend 50 bux ior w/e for half a btc, and then proceed to know better than anyone
thestringpuller: mircea_popescu: if we go buy your bitcoin drama timeline, it seems that even those considered "functional" (bad word I know) such as Diablo-D3 are technically scammors
mircea_popescu: literate adults, and often contained literary references children would not understand. Younger generations, mostly illiterate, and having little or no Bible knowledge not gleaned from their moronic parents and half-wit talk radio hosts, probably misunderstood the comment as being a general insult describing the slow-witted Fudd."
pankkake: and given their current valuation, shareholders are likely to get pretty much nothing as dividends
mircea_popescu: she can be as virtuous as she pleases, not like anyone's asking her out anyway
gecko_x8: gold doesn't need companies to trade it as well
bobbabad_: with bitcoin it just seems so easy to cheat the system.. it being an unregulated as it is
mircea_popescu: as they get really butthurt and break out the Idiot Interneteer Psychology Manual
ozbot: Angry ram attacks motorcyclist - Original - As seen on CNN, CBS, DAILY MAIL, NZ TV3 NEWS - YouTube
ThickAsThieves: they list one of the types of users as "I want to mine Bitcoins"
Namworld: The US gov would only need to spend 1 billion to develop and produce 100x more ASICs than has ever been deployed so far, on the most efficient process as it would become cost effective at that point.
jcpham: it's not as if only some programs are biased
kleeck: "Because we sure as hell aren't going to inform you!"
Aeolus: its just all about tracking the money as Bitcion just reach the mainstream they all will wake up from their long sleep and fight against it until they control it too
Rulother: I figured as much, just wanted an excuse to use the img :P, but I'm excited!
Rulother: I had just came across the img as you just mentioned it
mircea_popescu: it's pay as you come not pay as you go.
kakobrekla: well there certanly are some advantages to pay as you go sex than having a contract
mircea_popescu: "some involved violations of a court order - such as a February 2012 incident involving the unauthorised retention of 3,000 files that a surveillance court had ordered the NSA to destroy."
mircea_popescu: such as, did you say "we're not responsible for what content users post" ? you mean to say user content sucks ? fuck you.
ThickAsThieves: i mean as a user a like that google is doing it
mircea_popescu: if for whatever reason that comes out as a no...
ozbot: I run a produce department as well, should I get a promotion? (OC) - Imgur
Diablo-D3: I mean we as a nation
Namworld: "The case for the prosecution argued for the charge of Murder, putting it to the court that, late one weekday evening as Mrs Flannery was reading a Jackie Collins novel in bed and unwinding for sleep, she was suddenly and forcibly pinned under the duvet by Mr Flannery, who sealed the edges with his weight while simultaneously releasing an enormous bolus of flatulence, which displaced
Namworld: Just not as much privacy
freeroute: probably in 2005 the dollar was also half as stronger
Hollywood: shit is really expensive, as an employer I do not see how people that work for me make it
mircea_popescu: it's probably going to work just as well.
mircea_popescu: i guess they wanted him as a consultant
mircea_popescu: and generally act as if they exist / anyoen would take them seriously
ozbot: Gold Gone? Germany baffled as Fed bars access to bullion - YouTube
jurov: basically, there is some Markus Weiler who build few moderately successful btc enterprises such as thebitcoincard.co.uk
jurov: the dudes are for real and i bought some.. but don't take it as endorsement
Diablo-D3: Urushiol: next generation as in the current ones are being phased out of production
Namworld: btcgrowth.com is hosted on the same IP as mulhauser.net and psychologicalinvestor.com
mircea_popescu: "Originally employed as a research scientist in cognition, complex systems and biologically inspired computation, Dr Greg Mulhauser later moved to business strategy roles and advised on corporate venturing and M&A projects. With educational background in mathematics, philosophy, and mental health, he has worked at the Pentagon, UK universities, and telecommunications giant BT."
mircea_popescu: as parseval says, make a post on your well known blog sayibng hey it's me
dexX7: what would you accept as proof of id?
parseval: As in, 'my identity has been verified by someone who could afford 10 shares of this stock'
parseval: I don't know. I remember it being asked that he link something on his page as proof, but I didn't read whether he ever did it
Namworld: Cause copying someone and making a website claiming to be related is as easy as counting to 3... so is making a claim...
Namworld: Ok, so there's btcgrowth.com which has the same design and everything as mulhauser.net/psychologicalinvestor.com, BUT, albeit mulhauser.net links to the other websites of the network, it doesn't link to btcgrowth.com
Namworld: "whereby the fund issuer will receive an annual management fee of 2% of assets under management and participants share 20% of fund profits with the issuer as a performance fee. Fees will be calculated monthly, with the annual management fee applied on a pro-rata basis; effectively, this translates to 0.17% per month."
jurov: In fact, we have had to turn away some potential donors, as we can accept only the highest quality human skin.
nubbins`: suppose they only accept skin as payment?
mircea_popescu: but that's obsolete, as who the fuck marries a virgin these days
deadweasel: nubbins, you did your wedding right. We make gobs off of the 'wedding' conditioning of rich girls. If it's broke and you can't fix it, you might as well profit.
mircea_popescu: as you can see a good 15-20% is wind
deadweasel: when they discovered i 'do computers' as they put it, I was dragged into the office to overhaul their Win XP WORKGROUP network... it's was a shitstorm.
mircea_popescu: deadweasel in romania you can pretty much get solar for free as a tax deduction
Diablo-D3: (as opposed to the PRoC)
mircea_popescu: not that it likely would as it's about the third time they did that sort of shit by now, but it's good to have anyway.
mircea_popescu: as if.
mircea_popescu: as they won't know the difference.