75700+ entries in 1.214s
truffles: well seeing
as u worked for the family u kinda had an edge on most kids
Chaang-Noi: well, nothing wrong with learning and trying stuff out, but really trust no one, lots of scammers
as well
mircea_popescu:
as far
as you know you don't get project cloaks unless the project assigns them.
WILLdude: furuknap: So basically I should just treat it
as a football bet with an extremely unreliable friend? So I should think that I probably won't get anything whatsoever back?
WILLdude: How come my order wwas fulfilled at the same time
as I placed it?
parseval: BTC-TC will always fill the higher priced order first.. there's no way to choose which. So, the bots work the margins
as long
as they're at that .2% difference or more
furuknap: Bruised feelings because people that don't act rational when they buy sure
as heck dont' act rational when they have lost.
parseval: They already have mechanisms in place with their API to ease the transfer of assets. I'm sure mpex does
as well, but I've never had an account there
parseval: I wonder how strong of a reputation I'd need to have to launch a securities backed loan site that lets borrowers put up shares
as collateral and take out BTC loans from people. Kind of like BTCJam only everything would be 120%+ collateralized and borrowers could keep the dividends that accrue while their loans are active.
jcpham: homebrewing is legal now
as of a few days ago
optimator: jcpham: homemade rye is nice
as long
as the rye is in moderation
taub: >Interesting. Never heard of such a concept when it comes to trading. We would think that immediate execution should always be achieved
as much
as possible.
ThickAsThieves: they are planning 1000TH before year's end
as a conservative goal
furuknap: From pouring out
as much dividend
as possible. I'm not saying "No" to dividends, I'm saying a pile of cash in the hands of friedcat is better at ensuring sustainability than a ton of dimes in the hands of thousands of investors.
mircea_popescu: the main components are 1. people wish to participate, they see mining
as participation, they can't afford rigs so this is the next best
Chaang-Noi: he talked to me personally,
as im the guy who cooked him up so he could do it,. he just wanted it on his exchang first
Chaang-Noi: he just wanted to keep people on his exchange,
as he knew AM was the best hing evar
ThickAsThieves: I'm not accusing so much
as saying I think they SHOULD show proof
furuknap: Yeah, because the volume should be much higher. I realize it didn't become
as huge
as when I suggested it.
Chaang-Noi: wonder what will happen.. even if legit, could run into same issues
as bfl and the chips just dont work
furuknap: No, they're slling it
as ASICs.
furuknap: It is bitfury. So far
as I've researched now, and excuse my noobishness if this is obvious, he's a Russian guy that had some incredible talent with FPGAs and then went on to design ASICs.
deadweasel: truffles, I think of #assets
as more of a pulse than a clique, it's a good place to cut through the bitcoin FUD
as it floods up to our necks.
furuknap: Namworld: So far, the Swedes are the ones that attempts the smallest process of 28nm. Current AM is 130nm. It will take a long time to get smaller process right,
as I understand it.
ThickAsThieves: I like how everyone is thanking Friedcat for paying high divs
as a strategy
mircea_popescu: ThickAsThieves well, i count the 100 btc of bitfury's
as some evidence
furuknap: Think of it
as a web base database with tons of services and user configuration and db design. It's an accident waitning to happen (and has happened) but it's widely adopted now.
furuknap: Couple of days
as in most likley Monday.
furuknap: That's roughly 5% from current top. I have no problems missing the top bu
as much
as 30-40% even, especially when I see there are no fundamentals supporting the price above that.
furuknap: It's priced now
as to not stand a chance in 2016. That'll kill a lot of dreams...
mircea_popescu: Chaang-Noi well i dunno if 5btc counts
as a selloff if they have an actual business then.
truffles: yall like drama just
as much
as me
Chaang-Noi: if this guy is
AS and reptillia too, mad props, sending 93k usd
as part of a trolling operation is epic shit
mircea_popescu: ThickAsThieves that's why they're no good
as currency. smpoe is bubbling slow.
mircea_popescu: Chaang-Noi because he has correctly identified me
as the most important entity in btc ?
jurov: sorry for spamming I really cannot even: I sent only a 2-ppl detachment to the Bay area, but they are my Ambassadors and have full authority to spend
as many bitcoins
as deemed necessary to subdue all,
as well
as I myself am subdued under the authority of Finnish government right now.
jurov: OMFGLBBQ: My experiences tell that even the patients here are eager to buy by the truckload,
as soon
as they get into the position to do so.
jurov:
As for safety, I do not know any official classification of this place, but my gut feeling is that in order for anyone (which means, anyone) to take me out of here alive, it requires an operation that cannot be planned in secret, and the lead time is minimum 48 hours. If dead, it can be achieved relatively quickly, but there will be considerable (100,000+) collateral damage if the success needs to be achieved at a greater than 75% probability.
Chaang-Noi: his rontus guy, seems
as crazy
as he is...
furuknap: Thick: That's exactly why I think people need to realize that their dividends won't cover
as much of the loss in value
as they think.
furuknap: I do actually believe in AM
as a long-term prospect so that's why I try to get people aware of the dangers. I'd like to see AM at around 1.3
as that price with projected dividends would roughly defend a 15-20% yield until the 6.25 halving.
gribble: Nick 'jcpham', with hostmask 'jcpham!~jcpham@unaffiliated/jcpham', is identified
as user jcpham, with GPG key id C71FB5ED6ACE04AF, key fingerprint F7299BD73879E866613EAB24C71FB5ED6ACE04AF, and bitcoin address 15MDLP4wazp4TP2Josmk1WiZRU5LhFvBCn
gribble: Nick 'davout', with hostmask 'davout!~davout@unaffiliated/davout', is identified
as user davout, with GPG key id 13288EAB01713428, key fingerprint 291237F37A2C023CADBED52513288EAB01713428, and bitcoin address None
ThickAsThieves: and soon I will be sponsoring other people's efforts
as well
mircea_popescu: the market is a voting machine doubling
as a weighing machine
mircea_popescu:
as far
as i know there's a total of three people actually qualified to be doing this.
mircea_popescu: the idea is that you perceive this medium
as dangerous and i aim to make it safe.
ThickAsThieves: and while i dont think of everyone
as thieves in waiting
mircea_popescu: ten years down the road things will have played out
as i said they will, and they could no longer play any number of ways.
ThickAsThieves:
as I see it, both sdice and AM could fuck me over any number of ways
mircea_popescu: ThickAsThieves basically where you're coming from is this : "i'm here in the land of the thieves, better pack
as much and run while i still have my legs"
mircea_popescu: ThickAsThieves
as far
as i can see, other than mpoe (which may well be oversold), sdice is the only investment available atm.
mircea_popescu: you're buying into someone else's specifically so
as not to have to deal with that.
davout: ThickAsThieves: watching things
as they are is already doing something, which can bring great enjoyment
mircea_popescu: davout i'd take that
as a good proxy for how valuable a website is for sdice
Scrat: shows every TX
as a double spend
mircea_popescu: I unlocked the thread to tell you that I am fine, and this is happening in accordance with orders (
as understood by me).
Chaaaang-Noi: falling
as well but not
as sharp, but pretty sharp
kakobrekla: well the problem with sd - its in his interest for the site to die
as far
as i can tell.
furuknap: <Chaaaang-Noi> well im off to take my son to see the star trek film, catch ya lata <- I read that
as "take my gun".
BitHub: yeah, i'll probably going to sellsome off at 2btc
as well, hard to tell if this is a bubble or all good
Chaaaang-Noi: seems they are mining silver and gold at an 8 to one ratio
as well
Chaaang-Noi: i find your guys reaction to gold and silver
as a store of value very funny :)
☟︎ mircea_popescu: silver is pretty much like seasalt, can make
as much of the stuff
as you can possibly ever want.
mircea_popescu: ThickAsThieves what amuses me the most is this "silver is valuable cause it can work
as currency" nonsense.
Chaaang-Noi: holding lead would work
as well, however you get into storage issues
mircea_popescu: look. there's more than 100x
as much silver available
as gold. for every 6 dollars or so that silver goes up in price the production capacity doubles
mircea_popescu: gold is money. silver is this thing that poor people keep tryiong to pass
as money
Chaaang-Noi: its something you hope you never have to use, but if you do need it, you will be glad
as fuck you have it
Chaaang-Noi: i hold silver in the usa and gold here in thailand
as a shtf backup and not a large percent of my assets just 5 to 10%
Chaaang-Noi: people ahve been trying to sell silver
as money since 60000 years ago....
mircea_popescu: silver is abundant. people have been trying to sell it
as worthwhile and "an investment" or "money" since the great debates in the us in the 1800s
Chaaang-Noi: yeah metals are going down, but i want to buy
as they go down, i think long term silver is solid