log☇︎
888400+ entries in 0.681s
Scrat: the external source has to commit
Scrat: even then
Scrat: the server that processes the bets will always have all the ingredients
TradeFortress: where do I claim the bounty :P
[\]: is that why?
kakobrekla: i guess that kid doesnt show up here anymore for a reason
gribble: MtGox BTCUSD ticker | Best bid: 97.29001, Best ask: 97.33000, Bid-ask spread: 0.03999, Last trade: 97.29000, 24 hour volume: 31074.41688429, 24 hour low: 95.70000, 24 hour high: 103.19000, 24 hour vwap: 99.79149
kakobrekla: profitable than mining
kakobrekla: is true
dub: PT issuer and its underlying exchange, on top of trusting a guy known only as friedcat who lives in a country with no laws
dub: With PTs you have to trust two extra randoms
FlyingLeap: so when you see that 0.0193 is paid out on 1 share that is definitely on a whole share, not a microshare?
louong: I hold passthroughs because of the liquidity. If I wanted to sell, I could sell quickly/easily on the exchange
FlyingLeap: yup. seems that with pass through you have to trust both asicminer and an unknown person in between
louong: but the passthroughs have been around for awhile so the risk is low anyway even if you don't hold the actual shares
louong: and ASICMINER pays you directly the dividends, no waiting, and no danger that someone will run away with your shares
louong: but the benefit is, you actually hold the shares
louong: you will have to transfer them to an exchange to sell, or post a bitcointalk post for an auction or a FS thread
louong: the issuer on the exchange holds these
louong: meaning someone else holds these shares
louong: no these are all "passthrough" shares
FlyingLeap: even whole shares are not the same as originally purchased shares right?
louong: the microshares are cheaper so sometimes more liquidity and trades on those
FlyingLeap: oh neat, thank u
FlyingLeap: louong thank u very much. i wonder why the above ticker shows only microshares though
louong: you don't on the whole shares, where you get 100% of the dividend
louong: you also lose 5% in management fees on the micro shares
louong: micro ASICMINER shares still get dividends, but 1/100th of the dividend of an ASICMINER share
louong: and still want to use that leftover bit to invest in ASICMINER
louong: the utility of the micro shares is to allow purchase of ASICMINER without requiring 3 BTC
louong: there are two types of ASICMINER shares - whole shares worth 3.something BTC
FlyingLeap: was i reading this wrong the whole time weird...
FlyingLeap: I thought Asic miner shares were 3.2 not 0.032 what?
mircea_popescu: i;m off, take it easy.
WhuWhu: du8b: why is that?
dub: I guess today is adopt a goon circlejerk day or something
WhuWhu: Cognitive's site looks lik someone pooped it out in the 1970's and saved it for release today to be retro
dub: --- Topic for #bitcoin-assets: http://bitcoin-assets.com || http://log.bitcoin-assets.com -
dub: WhuWhu: type /topic
usagi: don't worry im just taking a break from practising my piano tat
ThickAsThieves: all signs point to time for me to go to bed
louong: heh thx
mircea_popescu: tvtropes has a page dedicated to bfl
ozbot: Serial Numbers Filed Off - Television Tropes & Idioms
WhuWhu: Oh! I had a friend triple his money in 1 gat with asicminer-pt
AMC__: You can say that again.
WhuWhu: What are we considering to be BTC Securityies?
louong: yeah there is a lot of bs here
WhuWhu: I mean, Is this a service?
gribble: MtGox BTCUSD ticker | Best bid: 99.58900, Best ask: 99.69999, Bid-ask spread: 0.11099, Last trade: 99.70000, 24 hour volume: 19030.62265387, 24 hour low: 99.30000, 24 hour high: 103.59000, 24 hour vwap: 101.49282
optimator: ah, that's healthy then
optimator: that's a big drug habit, tolerable on gambling
Guest64491: Up to 9.76 BTC a day.
optimator: do drug users care how they pay for their drugs? I don't think gamblers care either
ThickAsThieves: that's all i got for today
ozbot: Brain-eating amoebas thrive in US lakes as global warming heats waterways | The Verge
ozbot: Off-chain Bitcoin Micropayments Implemented in Bitcoinj - The Genesis Block - The Genesis Block
ThickAsThieves: Ex-Pentagon general target of leak investigation, sources say
ThickAsThieves: Time for Daily Newslinks, brought to you by me
mircea_popescu: to check out the finance or the bait.
poggy: what is the word for duplicate?
poggy: I guess they will see it when they do
dub: some moons later the quietly pwned the mining landscape
dub: the vehicle for the IPO promptly assploded leaving any further dialogue or pump and dump cycles redundant
dub: AM was quite different, they did one (1) round of IPO with a simple business case
loorb: started reading that link tat did, I guess everyone though asicminer was a bad investment in the beginning
deadweasel: no worries, i have terrible taste.
furuknap: I'm not a designer, I take no credit or blame.
deadweasel: ah, hide the header, better.
furuknap: It's the default WP3.6 theme :-)
furuknap: And I won't be blogging that :-)
furuknap: They crave laziness by worshipping someone who shows them there's no rush to accomplish anything.
mircea_popescu: that's why oprah and the nigger cook woman. because nothing there.
mircea_popescu: what they worship is lazyness.
mircea_popescu: i guess thios actyually fucking answers it.
deadweasel: got me there.
ThickAsThieves: what they worship is laziness
furuknap: Because if someone can accomplish something they haven't, they still have a chance and thus don't have to do anything right now.
mircea_popescu: no, imo they worship the actual stars.
deadweasel: we muricans are NOT this interesting. i guarantee you.
furuknap: My point is, they don't worship star A or star B, they worship aspiration. They crave someone to be more than they are so they can feel the have the ability to accomplish something.
mircea_popescu: or else lick the fucking toilets in jpm
deadweasel: attitude is the end product. the beginnings are conditioning and oaths.
mircea_popescu: but why do they worship 0 accomplishment and think they;re equal or above to 1 accomplishment ?
ThickAsThieves: they dont properly communicate how to be and get those things
furuknap: You don't have to agree with me, TAT, but if you don't I'll just depose you and put some puppet in who agres with me.
mircea_popescu: how do the books sell ?
mircea_popescu: so nobody watches oprah is the contention furuknap ?
ThickAsThieves: the words told to children are
mircea_popescu: so then why the fuck do they worship them
furuknap: The problem is the attitude.
deadweasel: society too
ThickAsThieves: is taught incompeletly
ThickAsThieves: the problem is the culture
deadweasel: our government, you can have them. string'em all up.
furuknap: It's not all muricans, though. We get the propaganda picture of it, given to us by the people who want the propaganda to succeed. Most muricans I've known are nothing like the stereotype.
furuknap: It's aspiration. They see no difference between star A and star B.
deadweasel: don't have no tv
mircea_popescu: what in the eff.
deadweasel: i don't know any of them.