log☇︎
866300+ entries in 0.592s
mircea_popescu: yeah, that's a fact.
mircea_popescu: ThickAsThieves you mean generally, as in, "actual implementation, actual revenue, market trying to cope with pricing it" ?
mircea_popescu: the sooner you digest this fact, and the sooner you get rid of the relativism fallacy, the sooner you have a chance to matter.
ThickAsThieves: this isn't some thing where the market got fooled
ThickAsThieves: the dynamics of what's going on with the AM price are real
mircea_popescu: it has people who know what's what. i'm, one of them. you're not one of them.
VanCleef: if you been day trading AM lately, it was pretty obvious as soon as FC released that div data
mircea_popescu: and all on top of very deep ignorance. bitcoin is not a level field.
VanCleef: who couldn't see that sell off coming tho?
mircea_popescu: the mistake here is your proceeding from the intellectually bankrupt ideology of relativism,
mircea_popescu: loading your happenstance with nonsense and calling the lot a "fact" won't help you.
kleeck: mircea_popescu, your claims indicate a lack of information on your part. I was correct regarding the AM sell off yesterday. It's not that big of a deal. A number of other people were saying similarly at the same time. I'd like to think you can deal with this fact.
mircea_popescu: look at that, 1% over 3 btc.
mircea_popescu: "big players". heh. lots of btc. the whole selloff was 100 bitcoin.
mircea_popescu: dude, get out with the posturing.
mircea_popescu: kleeck a reddit post is worth about as much as your "calling" things.
ozbot: ASICMINER: Entering the Future of ASIC Mining by Inventing It
kleeck: big players, which is usually when you know you're making shitty trades. friedcat has more things to announce, it's not like they planned ~6 months worth of stuff for nothing.
kleeck: Someone who I think has a pretty informed position in ASICMINER bought a lot of shares from me and so, screw it, if I'm going to lose 25% in a day I might as well stick it out with this guy Then I started getting a ton of PMs for buying shares at market price and realized I might want to wait before I sell too many more, as I was selling some shares way too low. All my offers were being filled by
kleeck: I wanted to prepare my bitcoins for the massive BTCUSD bubble which is coming pretty soon and started getting anxious when ASICMINER shares were slowly dropping Dividend sucked and I expected gigantic panic sells so I threw all my shares out there.
kleeck: I was kind of concerned about having board membership earlier this year because if I did want to liquidate I didn't want to have some sort of insider trading bullshit pinned on me. Also I panic sold enough shares to lose board membership and regretted it later on.
kleeck: RE: AM Sell off: Hi, I'm the whale.
bobbabad: what the fuck are you talking about? anyone who is invested in labcoin
thestringpuller: who the fuck cares?
bobbabad: what do you guys make out of the secrecy with TheSeven's involvement in labcoin?
thestringpuller: is there like a .0005 spread on mining?
dub: I'm trying to convey the correct exhuberance
gecko_x2: but there are millions of dollars moving around based on one forum board with anonymous posters
gecko_x2: i like the wild west-like action
mircea_popescu: how do you figure ? stocks move all the time.
gecko_x2: if this shit was going on at wall street the SEC would have shut down the entire downtown manhattan by now
ozbot: ASICMINER: Entering the Future of ASIC Mining by Inventing It
gecko_x2: "Auction suspended, looks like 2.7 is the bottom of the market haha. Thank you to all buyers.""
gecko_x2: and this:
gecko_x2: ""The topic or board you are looking for appears to be either missing or off limits to you."
mircea_popescu: gecko_x2 most users talk to mpex via custom scripts anyway
thestringpuller: lol mircea_popescu was right about the 3.0 on asic miner
gecko_x2: anyways you're right, real men don't need colourful interfaces that appeal to women :p especially when it's about making money
gecko_x2: i dunno what that is
gecko_x2: roger that
thestringpuller: get the fuck out of here with that shit
gecko_x2: mircea_popescu ever considered upgrading your UI to this century?
mircea_popescu: can't even scam right, let alone do anything useful with themselves.
mircea_popescu: so lulzy how the actual miner is plumeting and all the scams are floating as if nothing happened.
gecko_x2: interesting exchange with kslaughter and VE on the labcoin thread
Namworld: So many thousands of BTC are wasted
ArcticWolf: 2.87 to 3.4 is quite the jump
mircea_popescu: but anyway, in other news : i bought 10bn worth of ice shit in eve yest. today there's a blocade on ice shit.
mircea_popescu: why does everyone come up with this same exact brilliant idea all the time.
gecko_x2: participants would run their opensource clients and no central server would exist
mircea_popescu: again with this.
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
mircea_popescu: for some values of kinda ranging from infinity to infinity.
dub: he'll use his penis to confirm it is indeed 28nm
dub: they'll deliver a unit to luke on jan 5
mircea_popescu: soon mtgox will be dead and mpex will be literally the oldest thing in btc
mircea_popescu: otherwise nobody'd stake on them
mircea_popescu: Namworld gotta have short terms with these things.
Namworld: Well we're not that far from December 12th at which point all exchanges will be 1 year old
Duffer1: that's my guess too, but it's been around
Duffer1: it would be interesting to see who believes which exchange is the weak link in that bet
gecko_x2: as it represents a deadly threat to their own existence
gecko_x2: it's obvious that no western government will allow such ventures to succeed and grow
gecko_x2: anyone that mixes fiat money with btc is doomed
ozbot: BitBet - There will be blood
mircea_popescu: pretty decent odds on that yet.
Duffer1: i think they have me on ignore now :P
mircea_popescu: so many words the author can't afford.
ozbot: [HAVELOCK] Crypto Currency (CFIG) Official Thread
mircea_popescu: the thread is pretty hysterical, actually.
mircea_popescu: ThickAsThieves they got it at the kleeck factory. down the street from the pipedream depot.
mircea_popescu: Duffer1 problem is you don't have anyone to bet against.
ThickAsThieves: and where do they get 15k btc?
Duffer1: i'm shocked frankly, i'd be tempted to bet money the buyer is CFIG paying themselves to make the stock look better
ThickAsThieves: so theyve raaised 15k btc?
ThickAsThieves: this is the 3rd tranche
mircea_popescu: o look, someone with deep pockets really wants to see labcoin succeed too.
Duffer1: 4 tranches of 50k each
Duffer1: remaining out of their 3rd or 4th tranche
ThickAsThieves: I see this:
mircea_popescu: so how much is this someone with big pockets pay per shill ?
Kleeck_: Someone with big pockets REALLY wants to see the IPO be successful.
Kleeck_: So... I missed the massive buy on CFIG. What's the scoop there?
mircea_popescu: fucking dry spell. 10 hours i had the sprinklers running today.
ThickAsThieves: <weex> is AM working on or deploying next gen anytime soon? <<< there is already public info available about the schedule for gen2
weex: just seems highly sensitive to dividends
gecko_x2: it's so much fun though
dub: this is bitcoin, in general there is no clue to be had
ThickAsThieves: def not as simple as that, but i agree with the statement in and of itself
gecko_x2: that means the market hasn't got a clue
gecko_x2: nobody knows what fair price is obviously, it it moves like this
Namworld: It's moving toward an acceptable price
rulother-gs: Hour long call with paypal we'll see where that takes me
freeroute: so that means to waste paper for something which can be trivially done without them?
ThickAsThieves: no paper forms there?
freeroute: it was in fact like this for many years in the Netherlands IIRC.
ThickAsThieves: i think you suffer from some paradigm issues
ThickAsThieves: you need windows to do taxes?
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.
ThickAsThieves: it's also not the exchange's problem if you buy a phone not capable of providing 2fa