log☇︎
869700+ entries in 0.59s
mircea_popescu: btct doesn't want this dirty secret exposed, especially after being on trilema.
mircea_popescu: dexX7 looky here : the ipo sold to itself.
dexX7: any wild guess about the motivation of the one who threatened garden besides trolling and personal disaffection?
Rulother-pc__: I'm impressed that they're buying back all the shares
pankkake: yeah. another reason not to even try to understand what it is
jurov: best quote: Thankfully iCE.DRiLL will not have its reputation sullied by being listed among the scams at the BTCT boiler room.
ozbot: [BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon
jurov: well, first they have to find out how to make mental hospitals profitable
mircea_popescu: i suspect the next step in the progression is politically-motivated mental health hospitals.
mircea_popescu: yeah, they did.
jurov: i'm not sure even communists did this
jurov: and then in turn supplies fake evidence to court to hise the source
jurov: anyone seen that? basically, DEA uses mass surveillance to target drug suspects
ozbot: The NSA-DEA police state tango - Salon.com
gribble: Next difficulty estimate | None based on data since last change | 56845187.9579 based on data for last three days
thestringpuller: is that down too?
ozbot: The one person I’d like to meet. pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: http://trilema.com/2013/the-one-person-id-like-to-meet/ << pretty great one, this.
mircea_popescu: ;;later tell thestringpuller exactly. that's why she posted it.
mois: hey, any news on the BTCGarden money? Or still "24-48 hrs"?
KRS1: i think i've been there before..hmm.
KRS1: His connection is coming from a town right outside of Jacksonville, FL.
Diablo-D3: hey ThickAsThieves
ozbot: [BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon
dexX7: hehe the chinese mention mpex in the btcgarden chinese thread
assbot: Last trade for XBOND on HAVELOCK was at 0.00103855 BTC [-]
thestringpuller: ;;later tell mircea_popescu The Warren Buffet snippet the girl posted seems to be repeating itself nearly identical with mining. In order to profit on hash power (which price decreases as difficulty goes up), is to buy more hashpower at a cheaper price (more capital expenditure). I think that is very frightening and deserves more attention.
louong: Or someone offered to buy all the IPO shares - instead of having tons of shareholders you just get 1
louong: "Maybe they determined the funding wasn't needed."
Diablo-D3: I need to cross all the ts and dot all the is
Diablo-D3: aiwill is basically running into the same problem I am
bobbabad: of course, but surely that process started the day the IPO finished, I guess they need to convert back fiat to btc then if they havent spent it
lewicki: As much as we would like to believe that foundries are accepting BTC, that is certainly not the case. It takes a while to offload 30k BTC without killing the price
louong: looks like burnside wins - transaction fees on all BTCGarden kept
bobbabad: Im supprised that they would have all the IPO money just lieing around... should they not have gone towards chip orders?
bobbabad: it did sound a bit strange that one guy was able to get them to cancel it all
dub: they would be confident of their ability to buy off any problems with officialcom
dub: if they had any intent to actually produce asics some casual extortion, standard business practice in china, wouldn't worry them
dub: the btcgarden guys outed themselves as a scam btw
dub: much like btcgarden and all teh other fake IPOs they helpfully warn us about
bobbabad: yeah, they all start out like that
louong: but but they could be the next asicminer
dub: they have no product, only a thread on a forum
bobbabad: maybe I should put in a sell order at 0.004 before going to bed this time
matuszed: So when are people getting the funds
louong: yeah no freezes and 2-3 minutes between trades
bobbabad: I got about 50coins in labcoin but it sure does feel like a gamble, can their chip really be what they claim?
bobbabad: Would expect some to go to activemining too?
matuszed: I hear that
Hiro2: what the heck is going on with btcgarden?
bobbabad: TheSeven: hows the labcoin chip coming along
mircea_popescu: a the girl dug it up did she. win.
mircea_popescu: o look the pirate thing
dub: the pirate thing
dub: MiningBuddy: heh, im reading that log you found lol
bobbabad: but if I cant figure this out I will go on your suggestion
bobbabad: Diablo: gotcha, I ended up on this one because it seemed to be the most popular one for python.. Also it would be ideal for me need if its just a library to install rather then a daemon to run
Diablo-D3: bobbabad: instead they're written against the spec, and the spec sucks
Diablo-D3: bobbabad: Ive looked at tons of oauth auth impls, they basically all fucking suck and have not been written against real world oauth identity providers
bobbabad: Why is that?
Diablo-D3: bobbabad: I recommend you dont use that
bobbabad: Ive never touched oauth before so Its probably something stupid im doing.. I get this error when trying to connect from python with rauth library
bobbabad: Anyone got 1min to give me a hand with the BTCT oauth api?
KRS1: u been going to them bit angels meeting in union square?
freeroute: question - did 14.5mn shares of icedrill get sold on bitfunder now that the price has moved from 0.0014 to 0.0015 BTC per share?
gribble: MtGox BTCUSD ticker | Best bid: 105.00002, Best ask: 105.15259, Bid-ask spread: 0.15257, Last trade: 105.00002, 24 hour volume: 7311.75485538, 24 hour low: 102.70000, 24 hour high: 105.35000, 24 hour vwap: 104.38450
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?
KRS1: assbot is a troll
Hollywood: they have their own casinos, they gamble there
KRS1: idk about the azn's but i do know that American Indians are drunk gambling degenerates..theres a huge market for them here.
nubbins`: yes, the usa does not care about bitcoin because it is fake money
KRS1: well the way i figure it is online gambling for fiat causes many headaches in the U.S. If its BTC wouldnt our government not give a shit since its fake money?
KRS1: someone should jump on that
KRS1: i would think that should be worth while since there would be no regulation.idk
KRS1: is there any serious investment in btc/online poker/casino?
KRS1: haha i was just playing blackjack but almost lost my beer when he said that
KRS1: i used to fuck with eggdrop bots and stuff
KRS1: i played blackjack with this guy once..idk how the topic came up but he said something like "I'm responsible for about 30% of rubber dicks in the southeast region of the U.S."
mircea_popescu: but the btc consumer market is a joek.
mircea_popescu: there were some shops trying to get off the ground
KRS1: is there a btc/sextoy market yet..i should probably ask in marketplac
KRS1: damnit..no i think someone registered it
mircea_popescu: i thought you did ?
mircea_popescu: not that part. the girl has a quote
thestringpuller: Buffett initially maintained Berkshire's core business of textiles, but by 1967, he was expanding into the insurance industry and other investments.
thestringpuller: In 1962, Warren Buffett began buying stock in Berkshire Hathaway after noticing a pattern in the price direction of its stock whenever the company closed a mill. Eventually, Buffett acknowledged that the textile business was waning and the company's financial situation was not going to improve. In 1964, Stanton made an oral tender offer of $111.2 per share for the company to buy back Buffett's shares. Buffett agreed to the deal. A few weeks lat
Omen1855: that's where I got this nasty feeling from
Omen1855: now the bell rings
Omen1855: oh yeah I read that one
mircea_popescu: and no, that's not the story at all.
mircea_popescu: he donating money to the gates foundation of evil
thestringpuller: and doesn't everyone know the textile story of Buffet, he buys a dying company out of spite, turns it into a different business /w insurance, etc. etc.
mircea_popescu: thestringpuller let's see. he claiming that the taxes are too low as proven by what he pays in tax. except he doesn't pay himself a salary.
Omen1855: yup, but I had something in back of my mind there was something up with them
mircea_popescu: Omen1855 you've missed the thread where they split up ?
thestringpuller: ^^ I thought you didn't like using buffet as an example
thestringpuller: buffett's sad story of textiles to these people for
thestringpuller: mircea_popescu: i'm just sayin', the girl's been quoting
assbot: Last trade for DMS.SELLING on BTCTC was at 0.0245 BTC [+]
Omen1855: mp, it has the looks of it, but seems to be running for a while now