864200+ entries in 0.594s
Rulother: No need
to pay for security,
the NSA has you covered
VanCleef: its really where you want
to be in 2020
VanCleef: i
think we all need
to base our business's in america
VanCleef: i'm
thinking about doing an ipo about doing a bitcoin business in america. its a really good safe jurisdiction
that encourages innovation and new ideas.
ozbot: Scientists Say
They've Confirmed A New Element :
The
Two-Way : NPR
kleeck: But
their relationship with North Korea is simply unacceptable.
ozbot: The first Ouya-backed games on Kickstarter might be scams |
The Verge
ThickAsThieves: “The Chinese government provides preferential policies
to attract FDI [foreign direct investment] in certain high
tech areas
that benefit
the Chinese economy,” said
the Massive Luck exec. “They require
traditional CPU-based
traditional computing power
to address
the acute shortage of it. Shanghai supercomputer center will be responsible for
the overall facility design and staff
dexX7_: frankenstein = "one who is weird" seems appropriate,
thanks
ThickAsThieves: “We had a board meeting which put
together a small research group,
tasked with making an initial assessment of business opportunities in
the fledgling digital currency area.
The
team presented its report in early January, and
the report identified
the digital currencies as a potential area of disruptive
technological breakthroughs, and a very promising investment opportunity.”
ThickAsThieves: "Massive Luck Investments, which has offices in places including Manila and
the UK, is a relatively new entrant
to
the bitcoin space. "
mircea_popescu: admittedly
the last part could in some contexts be frankenstein but apparently it's not
the case or w/e. chinese shit.
mircea_popescu: Jiē diànhuà de rén shìgè kēxué guàirén <
they who answered
the phone were weird.
dexX7_: hehe well, my irc client doesn't show
the characters, but fine. frankenstein is what google
tells me,
too. but
that sounds wrong.
mircea_popescu: Rulother we used
to have it
two years ago.
then google went apeshiot and banned api access.
mircea_popescu: ThickAsThieves bitfury ? didn't
they say it's 4ph or some scandalous shit like
that ?
Rulother: We need a
translation bot in here
mircea_popescu: avalon isn't doing
too well apparently, which leaves pretty much vbitfury with actual chips
dexX7_: someone here who can
translate: 接电话的人是个科学怪人 ?
kleeck: Yes. So is AM currently
the $/GH winner?
mircea_popescu: kleeck we're discussing
things you can buy
tho, not
things people want
to sell you.
kleeck: Can you imagine how much bitjizz would be launched over
that?
mircea_popescu: the move from ~4
to 3.5 was a good 15% sliced offa
there.
mircea_popescu: i wonder if
the am victorious muppets realise
that undercutting bfl means am just undercut its own stock.
Rulother: I've already contacted
the KS AG
mircea_popescu: so basicalyl we'll be at ~.2btc / gh within about
two weeks ?
Rulother: I have a couple of singles
to get money for, I'm not letting
that go so easily. Nor do I let money just go
to waste.
Rulother: There is a big movement
to get a class action lawsuit going
Graet: i know ppl
that are failing at
that...
ystarnaud: you can get a refund
through a painful process if you used paypal i
think...
Graet: bfl stopped doing refunds when
they started shipping
ThickAsThieves: "Price of BFL Single: $2499 for 50Ghs. Price for 5x AM blades: 3.5btc x 5 x 130 = $2275 for 50Ghs. Every single BFL device
that has been pre-ordered just got undercut. I would expect nearly every rational actor with a BFL preorder
to cancel immediately. Friedcat just bankrupted
them."
mircea_popescu: of course, unlike south africa
the apartheid is voluntary, and reflects merit rather
than birth
mircea_popescu: here's an open secret : bitcoin is much like south africa back when it worked, an apartheid system. forumers, redditors and co are 2nd class citizens. we don't give a shit about
them.
ThickAsThieves: points can be made about me,
therefore what right do i have
to make points
ThickAsThieves: pale pheonix basically
turning
the
thing into some kinda fight
mircea_popescu: who
the fuck is appointed in a chat log in
the first place. am i missing something ?
ystarnaud: mircea_popescu: I meant according
to forums haha
ThickAsThieves: i am puzzled why burnside is disappointed by
the chat log
Rulother: I'm sure as hell am not going
to convert my money just
to
transfer over
to ltc exchange for
the shares
ThickAsThieves: Newcomer hears about bitcoin, begins
to read up, chooses an exchange, deposits $ into account,
then sees litecoins for sales and goes uhhh wtf
mircea_popescu: ThickAsThieves my guess is it muddies
the waters FOR LTC. much bnetter for it
to have its own
Rulother: The only
thing I see useful if btct supported ltc, is buying up more ltc global shares
mircea_popescu: ystarnaud certainly a good back-up
to have just in case.
ystarnaud: i see it as a good alternative
to BTC
ystarnaud: ThickAsThieves: yeah
thats
true... more and more merchants seem
to also accept it along with BTC
tho which is nice
ystarnaud: like a few weeks ago... (cant remember exact numbers but around
those...) LTC was 2.4USD... BTC 96 USD... you had a ratio of 0.025LTC/BTC... now its like 2.35LTC/USD and BTC is 115BTC/USD for a ratio of 0.0204LTC/BTC
ThickAsThieves: if Gox carries it, Coinbase carries it, and
then
the btc stock exchanges weave it in
ThickAsThieves: basically
the last hope is
that
the exchanges will
take it seriously
ystarnaud: the LTC/USD fluctuates of course... but generally stays
the same ratio...
the LTC/BTC ratio varies so
that LTC/USD stays
the same vs BTC/USD
ystarnaud: well it's been relative
to bitcoin
to USD value
ystarnaud: I don't
think its
that bad... its been around 2.3-2.5 USD per LTC for
the past few months
ystarnaud: but its been 800-970 for
the past 2 months or so not bad
matuszed: its
the old gpu miners last resort
ystarnaud: nevermind 100... used
to be 15 when i started lol
ystarnaud: the price drop of LTC is only cause BTC went up...
the value is
the same as it was approximatly
mircea_popescu: the avenue
through which
this will be realised will vbe exactly mining diff/price relationship
mircea_popescu: bitcoin is one of
those markets, like
television, where being #1 pays. being #2 maybe can be made stable if you cut corners.
the rest however is a money black hole.
ystarnaud: and people are
too focused on buying up ASICs right now
matuszed: with little
to no follow
through in price