log☇︎
866400+ entries in 0.56s
freeroute: but then you're relying on 3rd parties to handle your 2FA. Google Auth download was purposely removed from its project page by Google.
ThickAsThieves: surely the package is out there somewhere too ,no?
freeroute: oh, I haven't heard of that. Google Authenticator can only be downloaded from Play
freeroute: but the only safe alternative is to buy a Yubikey (= spending moneys)
freeroute: how is that?
ThickAsThieves: thats some incomplete thinking
freeroute: btw, there's one thing that BTCT or any other exchange dealing with 2FA with Google Authenticator forgot - people who don't have Google Play on their phones.
freeroute: why should we contact him tho?
mircea_popescu: pretty funny shit. they have 73 jrogers, 6 yokadas but just one plangans
mircea_popescu: To contact the editor responsible for this story: Jason Rogers at jrogers73@bloomberg.net
mircea_popescu: To contact the reporters on this story: Jacob Adelman in Tokyo at jadelman1@bloomberg.net; Yuji Okada in Tokyo at yokada6@bloomberg.net; Peter Langan in Tokyo at plangan@bloomberg.net
gecko_x2: it's that stupid pride that always gets them in trouble
mircea_popescu: well now like that you prolly have a point
gecko_x2: i agree that they will rise again, just that they should just let it go already, the sooner the better
gecko_x2: i didn't say anything about the nation
gecko_x2: i specifically said the bond markets and currency
mircea_popescu: countries get kicked in the teeth two-three times a century and come right back for more.
mircea_popescu: things that collapse are conglomerates, like ussr or usa.
mircea_popescu: gecko_x2 they're a nation. they'll be fine.
gecko_x2: they aretrying to double the money supply in 2 years
gecko_x2: they are using like 50% of current tax revenue just to pay off previous interest on debt
gecko_x2: i can't wait for the japanese bond markets and currency to collapse
dub: they should just put tux in the sea to soak it up
mircea_popescu: tho it may be the case they get insect wings.
mircea_popescu: well on the positive side, the japs are certainly going to be the first to grow wings
dub: its pretty serious that they are asking for help
gecko_x2: i hate the japs with their stupid pride
gecko_x2: those idiots should have called for international help from the beginning
assbot: [HAVELOCK] [AM100] [PAID] 29.20613367 BTC to 250`761 shares, 11647 satoshi per share
mircea_popescu: i read somewhere they're leaking two-three chernobyls a month.
mircea_popescu: gecko_x2 yea apparently it's pretty fucking horrid in there.
assbot: [HAVELOCK] [AM1] [PAID] 10.16369751 BTC to 829 shares, 1226019 satoshi per share
ThickAsThieves: you may prefer this example: http://www.youtube.com/watch?v=srgdg5tgPJk
ystarnaud: fun times
mircea_popescu: mining bubbles run spring to autumn
ThickAsThieves: Nash might have something to say about that dub
dub: It'll rebubble if they start shipping new kit
ystarnaud: and i guess they aren't hashing enough for people's tastes
ystarnaud: but lower than the past weeks
dandate2: wasn't that low
ystarnaud: amongst other things
Rulother: That too
Rulother: It's like something out of the 70's
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: lol some things can't even be said.
ThickAsThieves: man i'm retarded today
ThickAsThieves: <mircea_popescu> ThickAsThieves im so dismayed they've not made a dildo that hashes. srsly. <<< you're anus will have to settle for the current offerings I guess ;)
mircea_popescu: ThickAsThieves im so dismayed they've not made a dildo that hashes. srsly.
ThickAsThieves: next is definitely a cell phone that mines
Rulother: They'll make one that resembles a Voodoo 5 and runs off AGP
Duffer1: ha that unocs thing?
mircea_popescu: maybe they make The Bridge ?
Duffer1: bfl = masters class in trolling
ThickAsThieves: The Monarch, oh the lulz
dub: aint nobody got time for dat diff
dub: I need to sell tis single
gribble: Next difficulty estimate | 63645798.9382 based on data since last change | 70279747.6773 based on data for last three days
mircea_popescu: kinda nice of them, pay a little more to the traders.
mircea_popescu: ThickAsThieves more like anyone trying to push a scam trying to make the most of what they perceive as "an opportunity"
mircea_popescu: dub esp if through a pipe
ThickAsThieves: anyone selling AM to buy ActM/Lab etc is pretty funny
Rulother: Did you try Korean BBQ?
Rulother: Korean for the first time?
ThickAsThieves: had etheopian and korean for the first time
mircea_popescu: this is like saying rome is the best city in the world. well... sure, at some point it was.
ThickAsThieves: yeah the food was pretty awesome
Rulother: Went through nyc during a business trip earlier this summer, good food. O yeah?
ThickAsThieves: met up with mjr too
Rulother: Well it seems that way for a lot of different assets atm lol
matuszed: Best city in the world
ThickAsThieves: looks like I missed some things!
ThickAsThieves: Just got back from the NYC
mircea_popescu: scratch a bear, go to jael
nubbins`: if you're panicking over sub-3 shares, you bought too late :P
nubbins`: call me when the share price halves
Diablo-D3: I think friedcat has to kick shit up a gear
Urushiol: to the new ventures
Urushiol: AM has been comparatively quiet these days
dexX7: well, it doesn't matter how you name it, the initial assumption of 15 mined blocks/day => 0.75-1.5 btc/share would obviously only apply, if am would indeed only mines 15 blocks/day with no additional income, which is not the case at the moment
mircea_popescu: by this logic the 12 am paid is about 10 that you lost and about 2 in dividend.
mircea_popescu: minign companies pay amortisation on their capital + some dividend.
dexX7: mircea_popescu: transfered to the times where sd was traded between .003-.006 and made 10k/month, am would be valued between ~1.5-3 for the current 3 month low of ~200k/month. to get near to sub 1.5 in this comparison, am would need to stop all sales and mine with less than ~10 % nethash rate --- tl;tr: even with girly logic applied, we are currently in an area where we should be
dexX7: mircea_popescu: dexX7 https://bitcointalk.org/index.php?topic=144319.msg1530287#msg1530287 << ty - following this approach based on last div (am: 4904 btc/week + sd: 4988 btc/month = 1247 btc/week, trading at .0025/share), am should trade at 100000000/400000*4904/1247*0.0025 = 2.458 btc
Urushiol: tanked to hell
Urushiol: what the crap happened to nasty-mining?
mircea_popescu: this is unparalleled, by about a degree of magnitude or two.
qxzn: but last time I calc'd on the back of an envelope, I discovered that mining was generating nearly 10x the revenues of the exchanges.
nubbins`: and then i'd just scoop up wheelbarrows full of shares from the exchanges
nubbins`: y'know, if i had 1000 AM shares, i'd set up a lowball auction where bidders have to PM me
kleeck: I think "Ponzi scheme" still holds that title, qxzn. :D
qxzn: It's tricky, because isn't mining also the biggest cashflow earning sector of the bitcoin economy?
mircea_popescu: i thought deprived ran dms.*
kleeck: Wanted to share this gem: "Mining is overhyped, difficulty is rising too rapidly for any of you to ever see you money back. All mining stocks are overpriced. The guy who runs DMS.Mining got drunk and ranted about this on bitcointalk.org, telling people how most of them will never see their money back, wasting it all on worthless mining products.
gecko_x2: i know that they know that i know that they know my surfing habits
ozbot: Classy Bride Dances Down the Aisle to 'Crazy Bitch' Because USA
Hollywood: Just the writing
mircea_popescu: prolly not the guy to ask, i don't know much about hardware and never overclocked anything
Hollywood: mircea_popescu , would you mind reading this - what would you change?
truffles: its full of hoity toity folks itc
auto2nr1__: first time in here