log☇︎
888100+ entries in 0.638s
kakobrekla: but they can do more than gh/w
kakobrekla: dunno from the top of my head its on the forums
nii236|Wrk: kakobrekla: What kind of specs does the Bitfury chips boast?
kakobrekla: stuck in the post office.
kakobrekla: blah, need to wait monday for fury chips
louong: I think everyone is insane to some degree
mircea_popescu: a ok then
louong: sane? I don't think so
mircea_popescu: louong are you like that one sane guy from btctalk ?
gribble: MtGox BTCUSD ticker | Best bid: 96.21003, Best ask: 96.89491, Bid-ask spread: 0.68488, Last trade: 96.92399, 24 hour volume: 39561.06229165, 24 hour low: 95.65000, 24 hour high: 102.92000, 24 hour vwap: 98.60921
deadweasel: are we headed to $40 btc? i hope so.
usagi: I know people here have his info. Just give it to me so I can go collect.
deadweasel: probably not the same guy.
deadweasel: yes, but he's a hash dealer in Leander, Texas.
deadweasel: usagi, were you trying
deadweasel: maybe he was trying, but trusted poorly.
mircea_popescu: well da fuck, at least try before cutting rather than after.
mircea_popescu: then they're at least trying, a year later.
mircea_popescu: here's the thing : people go with a head full of steam and tell mpoe-pr what's what
mircea_popescu: this at least he's tryiong thing...
deadweasel: well, at least he's trying! I could see myself getting hosed in a similar manner, but I trust too much.
mircea_popescu: no, there does not exist such an example to date.
deadweasel: <deadweasel> "but i don't know the story, nor do I want to."
peterl: I've been paying a small amount, but then bitcoins went up 10x which makes it hard to pay people back
usagi: They got together and ripped me off, and used scammer accusations to get away with it.
usagi: Do you understand? When GLBSE shut down, a bunch of people who were colludign to manipulate the mining bonds on GLBSE decided to fuck me over
deadweasel: has anyone scrambled back after something like this? I don't really see evidence of it...
mircea_popescu: not something that's possible today. many people would love it be possible, but we ain't there yet.
mircea_popescu: climb back to credibility ?
deadweasel: good luck usagi, sounds like the climb back to credibility is a long one in the bitcoin world.
deadweasel: i have seen a good-faith effort on your part to pay people back. can't fault for you for that, of course I rarely fault people for anything.
deadweasel: sounds reasonable, but I don't know the story, nor do I want to. if that's all you want, then let your debtors know and then withdraw. if they want payment they know where to find you, no?
usagi: I want to pay my debts and go away
usagi: I don't want to
aknap3: usagi: if you post your claims on btctalk then anyone can read them whenever they want. If you post them here, you'll have a need to repeat them endlessly and you'll only earn disdain from everyone who has to filter you out of the channel
usagi: And they did it so they could rip me off when glbse shut down
usagi: Look at what mircea thinks I did
usagi: but people are going to think I ran with the money
usagi: I need my money back and if I don't do something about this im not only not going to get it
mircea_popescu: we've not so far seen either graet or nam implement this.
aknap3: poor usagi -- when someone's injured that badly, you don't let them suffer -- you put them out of their misery
mircea_popescu: peterl for the record that was the obsi strategy
usagi: I know because I heard it from three people who were in on it including ian bakewell
usagi: Its not my fucking fault. You know what those fucks did, they sat around and said "usagi is a target lets take him down"
peterl: cause you are an easy target? and you overreact comically?
usagi: And I try to give him his 80 btc back and he tells me I am a scammer and to go fuck myself
usagi: Yes, mircea keeps name dropping me in this channel EVERY FUCKING DAY
peterl: umm, usagai, are you responding to something specific?
usagi: What the fuck am I supposed to do, fly down to wisconsin and fucking shoot someone?
usagi: Fucking bastard fuck scammer is talking to amazingrando and is going to be buying avalons off him with MY FUCKING MONEY
usagi: Im not rich and it takes a while for me to dump my paycheques into bitcoin at over $100 a fucking coin to pay people back
usagi: For fuck sakes, its not my fucking fault that gigavps is colluding with fucking amazingrando to rip me the fuck off mircea
peterl: great and namworld have an exit strategy: they stop paying the daily dividend, the sahre price plummets as everybody screams scam, and they buy the shares up cheap
pankkake: your blog is annoying, I have to cheat to read it
pankkake: yeah, I read the letters half-correctly
kakobrekla: wheres the A from
aknap3: peterl: when I see it, I look away, quickly. To avoid going blind at the sight of greatness
jcpham: no details. throw money at the kid
jcpham: no telling what it does
ThickAsThieves: "We've developed a way for consumers to download an app, no hardware needed"
mircea_popescu: "just as clunky as the kindle"
mircea_popescu: jcpham yes, yes. rl is so fucked up by now it's probably excessive to even notice how retarded btcworld is.
kakobrekla: they are there if theres an emergency lactation need.
mircea_popescu: loans and bonds are different things for cause. that cause is not "the order in which princess pokemon oliver learned of them"
mircea_popescu: tits on men are there for a reason, not because the original bad fanfic writer fucked up.
mircea_popescu: all this shit. all this shit has reasons to exist and causes it's so.
mircea_popescu: admitting it's what they are on the strength of it being what they call themselves.
ThickAsThieves: so if you call it a loan then everything is square?
jcpham: i'll print flyers and visit the local high schools to raise the capital
mircea_popescu: fuck me i had to say that. now there's going to be an office coffee kitten ipo
mircea_popescu: a callable bond is the equivalent of the fiddy bux you lend to your coworker
mircea_popescu: the fact that all teh forum ninnies do not know this and do not wish to bother with this doth not make things different.
mircea_popescu: the reason bonds have terms is because bonds finance a definite something, which means are part of a plan, wjhich plan necessarily has terms to be a plan
mircea_popescu: bonds have terms. there's no such "callable" bs.
mircea_popescu: and all the other inconvenience a spontaneously collapsing of its own volition investment structure brings.
mircea_popescu: buyer gets shorted all the dd, all the fiscal implications
ThickAsThieves: suppose he takes the loan and then calls them back 3 weeks later at 1% premium
mircea_popescu: jesus fuck im trapped in the head of a 5yo! THIS COMMUNITY IS RETARDED
mircea_popescu: it may need to end sometime, but it may NOT induce uncertainity in the system
ThickAsThieves: makes the whole thing that much more scammy
mircea_popescu: ThickAsThieves this is why bonds have maturity dates.
ThickAsThieves: making them callable gives a way out
ThickAsThieves: what if bitcoin investment market becomes more like the meatspace market, and a reasonable APR is like 5% or whatever
jcpham: but probably a decent exit strategy given x amount of time
jcpham: it gives you exit strategy, albeit one that might cost you
ThickAsThieves: because it needs to end someday, no?
ThickAsThieves: at least he had the sense to make his bond callable
jcpham: i love to see these kids and their ambition
ThickAsThieves: he says in his own thread "Thread rules: All posts must add to the conversation and be constructive. No spamming."
ThickAsThieves: "Hi, I'm Garrett. I consider myself extremely ambitious, and historically lucky when it comes to business ventures. My current objective in life is to better society, through whatever means necessary. I thoroughly enjoy innovating, and working on, projects that will somehow positively affect people. I aim to always be an employer, never an employee."
jborkl: something like that
jborkl: wasnt that the name?
jborkl: wait , that already happened. bitcoinman
jcpham: i'm gonna get my baby brother in on this shit to debut an asset
jborkl: shouldnt it be in the cess pool of long term lending
ThickAsThieves: but best i can tell it's a mining fund that choses not to pass on the mining
ThickAsThieves: seems like it was written in haste to somehow money grab against the current unpopularity of PMBs
jcpham: i'd trust the asset more if it was managed by Garr's sock
mircea_popescu: without them, it's a crapsack world of everyone's usagi.
mircea_popescu: politics is how the world turns round.