888300+ entries in 0.602s
mircea_popescu: just like
the glbse scammers are playing like
they're honest
today.
mircea_popescu: and yes all
the scams will masquerade as honest businesses hit by
the mining collapse,
jcpham: probably neither and mining isn't going anywhere after
this year
jcpham: so amc is legit or no and do i want
to wait it out
to see
ThickAsThieves: oh you know, holding ourselves on pedastals
trying not
to
tip over from
the weight of our own heads
jcpham: what are you guys blabbing about
this
time
ozbot: The expectation of div's sets
the world of crypto-stocks off on
the wrong foot
mircea_popescu: he can have
the amenties of 1950 just as soon as 1947 years pass.
ThickAsThieves: "I
think
TAT,
that you're advocating eternal vigilance and complete due diligence on
the part of investors and I believe
this position is one of fantasy. I don't believe it's reasonable
to expect
that of anyone unless
they make it a full
time occupation.
This is why organized
trust rating services are valuable."
mircea_popescu: "he concerns have been voiced at a
time when
the US authorities have cracked down on a virtual currency company "Liberty Reserve" alleging
that it was involved in money laundering."
mircea_popescu: <topace> i
think
they left some crud in
their ecommerce
template <<
topace: yea, i
think i'll sit
this one out
too :p
topace: in a rush
to get it out
the door
topace: i
think
they left some crud in
their ecommerce
template
topace: sure i'll pre-order one, and decide
to pay or not
to pay when you ship it
topace: hmm at
teh bottom of
the AMC website it says "PAYMENT UPON SHIPMENT"
mircea_popescu: “Someone had said something
to
the effect of ‘Oh you’re insane, you’re crazy, you’re messed up in
the head,’
to which he replied ‘Oh yeah, I’m real messed up in
the head, I’m going
to go shoot up a school full of kids and eat
their still, beating hearts,’” recalled Justin’s dad Jack. “The next
two lines were lol and jk.”
mircea_popescu: the difficulty
these glorious units will impose is... you know, like luke.
ThickAsThieves: we could also play with
the difficulty numbers all
these glorious units will impose
mircea_popescu: the blockchain is supposed
to produce like i dunno, 5mn btcs.
mircea_popescu: so far we've got asicminer valued at 1.2mn + 500k here and
this is maybe half
the story.
mircea_popescu: yes, because out of a blockchain
that dribbles 150 btc an hour
there's plenty of space
to make 500k+ capital expenditures
ThickAsThieves: so guessing he expects 500,000btc in sales
this winter?
ThickAsThieves: okay so
these units will cost 3,000 btc and AMC intends
to sell 100 of
them, in addition
to 800 lesser units, in addition
to selling bulk chips
mircea_popescu: if every hairdresser
that worked with madonna could sing...
ThickAsThieves: "AMC will be partnering with eASIC, an established manufacturer. A review of
their past manufacturing experience only indicates expertise in 90nm and 45nm chips, raising some question as
to how reliable
their estimates will be"
mircea_popescu: well at least crowding out
the vaporware space will finally choke bfl out of
this world
ozbot: AMC Announces 4.8
TH/s Bitcoin Miners for 3,000 BTC -
The Genesis Block
topace: lol "vatacan endorses bitcoin!, pope: "praise
the lord, bitcoin has arrived!"
mircea_popescu: A Vatican official was arrested Friday by Italian police for allegedly
trying
to bring 20 million euros ($26 million) in cash into
the country from Switzerland aboard an Italian government plane,
mircea_popescu: then people realised
that wait,
this arbitrary barrier
to entry once removed will let
the site soar
ThickAsThieves: so people want just-dice
to
turn
the investment side into gambling
too?
ozbot: Choice words of wisdom for
the forum investors from our esteemed leader.
ozbot: How
to Become a Bitcoin Investor in 8 Easy Steps (comic relief)
mircea_popescu: deadweasel
there have been about as many of
these shitty "we webpayments" made-to-start-up craps
deadweasel: nope, nevermind, fees still 2.85%+$.30 per
TXN
chsados: ive got all
the stats, info needed i just need
to learn how
to properly organize it
to show
to a bank for a small business loan
ThickAsThieves: what happens is once any of
the services achieves any success
chsados: does anyone know any slick website
that helps with making business proposals?
mircea_popescu: actually, mpoe-pr made a post saying
that "now all
the scammers will
tyry
to be me"
Vbs: mircea_popescu: was
thinking you'd answer provably not
ThickAsThieves: they get so proud of
themselves
that
thy figured something out
ThickAsThieves: there's a growing breed of people-who-think-they-are-deprived-and-or-mpoe-pr on
the forums lately
chsados: mircea_popescu, are you
the one who payed
those hotties a bunch of BTC on /r/girlsgonebitcoin
mircea_popescu: "here, let me regurgitate what i've captured
throuygh socialisation"
mircea_popescu: people in
the "you;'d be better ioff gambling"
thread are liek...
Vbs: ThickAsThieves: I know,
trying
to be as stoic as possible atm :P
ThickAsThieves: but your excitement does lead
to a little cheerleading
Vbs: ThickAsThieves: I hope you view me in
the "sharing info" light,
that's my aim
chsados: and ovaltine is good for
the bones!
ThickAsThieves: cheerleading and sharing info and speculating are not all
the same
Vbs: chsados: dunno, pretty
tiresome :/
chsados: It is rather amusing on
the
thread Vbs, keep it up :D
Vbs: chsados: Indeed, I should
talk less about it
tbh
jurov: having a good
time (although
the weather kinda sucks)
chsados: can we make Vbs
the official cheerleader for AMC?
jurov: ;;later
tell mircea_popescu you aren't paying attention, bratislava is like, breeding ground for bitcoin cypherpunks, ganjix appears here every now and
then
Scrat: acknowledgement and result are
the same
thing in
the blockchain
TradeFortress: after
the
transaction was acknoledged by SatoshiDice
TradeFortress: Scrat, no,
the forex rate would be it future ones, say 5 seconds later
Scrat: time delay doesn't change anything, EV can just wait for a block
to be mined, fetch forex data and brute force a
TXid
that wins
Scrat: and
that would be a mess since you'd have
to do
that for every roll
Scrat: a 3rd party adds nothing unless
they can commit
to a secret without revealing it
Scrat: and
that info has
to be publicly available
Scrat: eg. hash of secret in
the next hour = X
Scrat: not without extra code on
the forex side
TradeFortress: Scrat,
the external service can be something
that has high availability and is proven
to have high availbility, as well as repeatedness
Scrat: otherwise it's
the same
thing