log☇︎
815300+ entries in 0.558s
Apocalyptic: oh i think that's beyound doubt
BingoBoingo: Apocalyptic: Bitcoin problems. Knowing if Inputs was actually a hack or an insider theft (and there was one insider) will require an eventual spending of the coins devlared hacked.
Apocalyptic: you seem to know more than that
BingoBoingo: Apocalyptic: These are then answers only time can give us.
Apocalyptic: I thought all loans were secured
Apocalyptic: what was there to cover for CL ?
pankkake: so he took the easy route trying to cover his lies about CL
BingoBoingo: A problem I am seeing though is that if TradeFortress was the primary borrower from Coinlenders and ran both Input.io and Coinlenders under TradeFortress that this might actually should have been a Coinlenders default.
BingoBoingo: Sure. It was also useful for people like Dooglus who had the sense to make TF keep coins on deposit in the event of an Input.io default.
pankkake: I'm not arguing that
BingoBoingo: Maybe pankkake? A distinct problem is that even an actual inputs.io hack can't absolve him of having been CoinLender's operator and primary borrower simultaneously.
pankkake: added "Went from DefaultTrust to Default" for the lulz, but it's really useless now
BingoBoingo: My has TradeFortress's forum trust fallen "Trust: -363: -7 / +7(7)"
gribble: MtGox BTCUSD ticker | Best bid: 976.87, Best ask: 983.47268, Bid-ask spread: 6.60268, Last trade: 976.865, 24 hour volume: 14696.92865596, 24 hour low: 839.5, 24 hour high: 990.0, 24 hour vwap: 915.44161
pankkake: yeah, but I've seen them talk about something similar lately
fiat500: pankkake: this PR was closed
pankkake: I've seen the thing - https://github.com/bitcoin/bitcoin/pull/2964
fiat500: no i mean by the devs
BingoBoingo: fiat500: Probably not by the "devs" though
fiat500: pankkake: this is something that will hopefully be fixed soon via software
pankkake: and even sometimes tx propagation is slow
fiat500: i'd love to see some recent numbers for those
fiat500: AM's 300MH/s usb miners were the lulz
pankkake: + seeding the bootstrap torrent
pankkake: eheh, that's what I'm doing (running a node with good connectivity/many connections)
fiat500: i think they need a math refresher
BingoBoingo: If people want to really donate to "support" the network they can run VPS nodes with walletless instances of bitcoind
pankkake: I just try to understand :)
fiat500: im not defending them
pankkake: so it's just to feel good I guess
fiat500: for some its "supporting the network"
BingoBoingo: fiat500: And they've been right beat if they haven't been mining and dumping altcoins
Apocalyptic: that's why i'm sitting out this mining frenzy
fiat500: feels to me like just sitting on btc and waiting for competitive mining to bring the price up is a better deal than betting on effervescent hardware
fiat500: so the rat race continues
Apocalyptic: heard the dude talking about it
Apocalyptic: he was at that bitcoin inside conf in Vegas last week
fiat500: i envy TAT for virtualmine, that was also genius
pankkake: seems a bit stuck because of ciphermine bonds, but otherwise it escaped unharmed from the other failures
Apocalyptic: it's doing good, although they have no exchanges to trade them
fiat500: i remember the DMS thing haha
Apocalyptic: did you see dandan claiming some corp is going to announce 5 TH/s machines soon ?
fiat500: but i felt my anecdote was representative of the state of affairs, most setups have similar stories
Apocalyptic: i don't see the Deprived's DMS as a destruction of wealth , though it's most creative for sure
fiat500: but wait, there's more, the hope is in january they will be hashing at 28TH/s
Apocalyptic: <fiat500> mining and derivative mining products // I disagree with the latter
BingoBoingo: ng a 0.025 BTC bounty to anyone who can find the link."
BingoBoingo: Duffer1 has claimed the bounty for finding the article per: "Sometime late last year, a publication released an article on Bitcoin Barons or Bitcoin movers and shakers that was linked to recently and I can't seem to find the link anymore. Among the listed names were Nefario, Diablo-D3, and Caldwell. It came from a fairly major publication. If any of the aspiring bitpoor are listening on this channel or reading the logs, I'm offeri
fiat500: at least before you could resell your GPUs to gamers
fiat500: we havent even seen the worst of it yet - these resources thrown into single purpose hardware
KRS|Gotchawallet: must be U.S. Washington insiders, they're good at that
fiat500: Apocalyptic: i will say that this is the most creative destruction of wealth i've seen
KRS|Gotchawallet: yea the market decides in the end
fiat500: if there weren't two sides to the market we'd either be at zero or the moon now
fiat500: btc on an upswing -> makes perfect sense that people will dump
Apocalyptic: fiat500, I don't remember specific names but if you browse a bit on the forums i'm sure you 'll find some
KRS|Gotchawallet: whats with these dumps someone wants the price lower
Apocalyptic: but these are the exceptions
fiat500: its too bad these guys have to keep proving mp right, wish someone would prove him wrong for once :P
BingoBoingo: I think a safe rule of thumb for anything BTC is that Mining=Scam until delivery.
fiat500: im citing the silence on their bitcointalk thread
fiat500: sort of like when you're sick but don't want to visit a doctor in case its something terrible
fiat500: i feel like the people who threw money at 100th really just dont want to know what happened
fiat500: also the funds were sent to a picostocks address
Apocalyptic: that makes the statement so much legit
Apocalyptic: i wonder why he was thinking
fiat500: had to re-read that a few times
fiat500: pankkake: why i said i wouldnt have predicted this
pankkake: still they lied multiple times about 100th and coint
pankkake: did they pay the missing dividends? I'm following that loosely
BingoBoingo: fiat500: I'm pretty sure being insolvent due to hack essentially makes picostocks the new cryptostocks
fiat500: the circumstances of that "hack" are fishy, but they ate the loss.. perhaps it is an elaborate ruse
fiat500: wouldnt have predicted that in july thats for sure
fiat500: as for havelock, i find it surprising that pico is likely to outlast all of the non-mpex bitstock exchanges
BingoBoingo: Sometime late last year, a publication released an article on Bitcoin Barons or Bitcoin movers and shakers that was linked to recently and I can't seem to find the link anymore. Among the listed names were Nefario, Diablo-D3, and Caldwell. It came from a fairly major publication. If any of the aspiring bitpoor are listening on this channel or reading the logs, I'm offering a 0.025 BTC bounty to anyone who can find the link.
fiat500: no shortage of those in the bitcoin scene thats for sure
fiat500: anyway, he strikes me as a mafioso more than anything
pankkake: I thought he was pretty conservative, indeed
fiat500: (he volunteered this info and link himself, and was very proud of it too)
fiat500: google is no help, if anyone has chatlogs from #bitfunder the link will be in there
fiat500: not sure what website he ran exactly, but he stopped when they raided kim dotcom
pankkake: I only found his weird hosting company on archive.org which at one time was a "buy a hosting business" page
fiat500: he then moved on to the filesharing scene
fiat500: there are videos of this you can find online
fiat500: mid 90's he built this 3d strip club/sex simulator that he tried to sell to strip clubs so they can expand their user base
pankkake: interestingly both claim they don't list scams, in some way
BingoBoingo: I kind of wonder if the end game for Havelock is closure or more of a disintegration into a cryptostocks like ghetto
BingoBoingo: pankkake: In that sense though Labcoin also "recruited" people
pankkake: which is better than, say, kSLAUTHER only recruiting his family
KRS|Gotchawallet: but thanks for sharing
pankkake: he seems to have recruited people actually
BingoBoingo: pankkake: Seriously case number 1 for outsourcing communications on bitcointalk is the potential to reveal your enterprise is actually just a couple of dudes playing on the forums for 20+ hours a day.
pankkake: he sent me a nonsensical PM too
pankkake: seriously I am the only one WTFing?
defaced: i beat the fuck outa
iwilcox: What do you contribute to society, defaced?
ozbot: European watchdog throws cold water on Bitcoin
mike_c: hehe, this must be old.
Apocalyptic: i'm sure you are you, how is that revelant to why you're not wishing to work @vupen eludes me
asciilifeform: don't need to be someone else.