880700+ entries in 0.656s
mjr_: and how long you can
tie up
the money
mjr_: but
that depends on how much you have
to spend right now
mjr_: i am of
the opinion
that over
the long
term, mining millibits could be very profitable
mjr_: well, most people look at
this in a very short
time scope
Rulother: I might as well cancel my singles, I'm able
to generate more btc a day by
trading
than what I would of with my singles.
mjr_: i
think
they said
that
there were 2.1 million chips from avalon in
that one shipment
ozbot: Latest Shipment of Avalon ASICs Could Increase Bitcoin Network Hashrate By 500% -
The Genesis Block
ThickAsThieves: is you buy
the latest
tech, mine while it's very ripe, sell
that
tech just before it hits a steep curve of value loss,
mjr_: of course, hard
to call a bottom (hello, s.dice)
mjr_: like wait
till
they crash nicely,
then just get a steady revenue stream
mjr_: i was
talking about after
the hype cycle
ThickAsThieves: so speculating
that
they will hold
their share price long enough
mjr_: and i
think
the way
to look at
them (besides quick opportunity
trade) is as a steady source of income4
mjr_: well,
there are
t-bills
ThickAsThieves: the issue I have with Mining funds is
they require some real hardeware arb
to actually be profitable
Rulother: Yeah
trying
to sell off my basic shares in
time before another spike
mjr_: cog just announced
that
they will have 2 more avs up by
thurs i
thinki
mjr_: but don't
they change
their hashing power?
ThickAsThieves: [09:07] <@assbot> [BTCTC] [FIMB] 1 @ 0.01 BTC [-] <<< Looks like Garr's bond made it
through
Scrat: the
tat hath spoketh
Rulother: What do you guys
think
the realistic stable price of cog and basic will be?
mjr_: maybe something
there, always easy money on conversions
mjr_: who are handling
the BTC
to whatever indonesian currency is
mjr_: but he said he has some big players on
that side
mjr_: that is either close
to indonesia or in indonesia right?
mjr_: who wouldn't love
to go
ther
mjr_: and wanted me
to sell him another 5k yesterday, but we couldn't meet before banks closed
ChaangNoi: mjr- im betting more
than 20k on gox
taking ltc, so i hope
they do before
the fucking fail
mjr_: so he wants 20k USD worth of litecoin before
that announcement comes out
mjr_: thinks
that will move it from 3
to 6
mjr_: i know someone who is betting 20k on gox starting
to accept litecoin
ChaangNoi: i
think gox is failing, and people know it, so
they are buying btc from gox
to get
the fuck out, cuz
they know
they cant get fiat
ChaangNoi: who wants
to buy 500k usd worth of btc in cash in person?
ozbot: MTGox. Bank
tries
to get back
the Withdraws
ChaangNoi: scrat he runs an exchange, in
thailand, and iv never heard of it
ericmuyser: takes so long
to get BTC out of BTC-TC
these days...
KRS: anyone know how i can
take
the #bitcoin-anal chat room from chanserv
dub: im quietly hoping
that is
true
dub: of course my administrator has restricted
this, why would I need more
than
two weeks worth of calendar synced
to my phone!
taub: trading btcusd is such a suckers game with
those fucking fees
mircea_popescu: so yeah, it's kinda easy as a new guy
to figure all
this shit is what it claims
to be
mircea_popescu: basically
they had imagined
they can make
the claims and nobody;s going
to verify
mircea_popescu: some "company"
tghat intended
to deliver. and was going
to even meet people
to "show
they're legit".
then kakobrekla drove hundreds of miles and
the cocksuckers simply hid away
mircea_popescu: and my reference
to
the hungarians earlier was exactly
the same
thing
nicofrobeen: i didn't know about
that. you
talk about
the asset on btct, right?
mircea_popescu: basic mining was
the first run of
the "intended
to deliver but fucked everyone over anyway"
nicofrobeen: sure, but i don't see
the connection between am and bm
nicofrobeen: what do you mean with "that's
the prototype"?
nicofrobeen: hm.. i doubt
this is a pure scam.
they seem
to have
the intention
to deliver.
mircea_popescu: then pre-sell "hardware". leech part deux off
the wanna-be miners, and
the lesser scammers running lesser 'assets", ie pmbs
mircea_popescu: launch "asset", leech whatever btc off
the "investors"
Blastbob: now
they are preselling hardware
Blastbob: think
they got
that money already
nicofrobeen: they are collecting money for
the nrc for *that chip or do
they have more
than one chip and
this 16 gh/s chip is ready? x_x
Blastbob: they say
the got
the fastest chip at 16GHs
nicofrobeen: there is much discussion about
this company
nicofrobeen: i'm not sure,
they started
to
take preorders now
nicofrobeen: "AM Launches
The Worlds Fastest Bitcoin Mining Machine At 24.576
TH/s"
KRS-: are
they going
to release hardware soon
Blastbob: looks better on
that wall
than on
the webpage
thestringpuller: The CIA actually invented it with
taxpayer money in
the late 1960s
to early 1970s. It was not disclosed until 1975, when Senator Frank Church displayed it
to a subcommittee investigating
the CIA.s illegal activities.
They are specifically forbidden from directly killing anyone in
the performance of espionage and intelligence-gathering.
The gun was designed
to be untraceable. It fires a bullet made of ice, about 0
ThickAsThieves: and his reply amounted
to "well,
that's like, your opinion, man"