893500+ entries in 0.637s
[\]: they say
that because police reports don't mean shit
jcpham: don't question
the sound logic
Neil: I love gox. Like goat said, Gox will
tell you
to file a police report. Coz
they know
that'll shut 99.9% of people up.
jcpham: but
then he did a paypal chargeback
jcpham: i used
to buy from satoshi
[\]: yeah, you used ot buy
them from me
mircea_popescu: [\\\] nah he used
to buy coins back when i was buying coins
[\]: I
thought akhan was always black
jcpham: i almost had a
thought
there...
jcpham: we'd need
to print our own money for
the ponzi
to work
Chaaaang-Noi: a ponzi will work if you are able
to accept hyper inflation
[\]: Im already working on
the cellphone
that doubles as an asicminer
[\]: someone needs
to invent a ponzi
that works.
mircea_popescu: apparently Neil isn't in on
the josh joke. hey neil,
this is america. everyone born in
the same decade is named
the same way. currently
the internet is in
the decade of josh.
[\]: i'm glad you've got
that, because you surely don't have any coins
mircea_popescu: actually, i'll give you
this : unlike dub, you have all your ear material.
jcpham: i'll give me
this, i'm persistant
[\]: jcpham: we've been
trying
to get rid of you for longer
than
that.
Chaaaang-Noi: could be a hedge aginst a large all otehr asic investment, but i
think most are crazy
jcpham: yay for
the asset, fail for
the person
that failed
to factor in
time
optimator: mircea_popescu: isn't
the forum fauna driving friedcat's profits?
jcpham: i'm not criticizing any asset but kids are debating whether
to drop 3btc on a usb erupter like it will ever mine it back
Neil: I'm convinced
that psychologically people see it as free money, regardless of what
they're paying for it.
Chaaaang-Noi: if everyone but AM fails
to ship,
the blades at 50 btc will be worth it, however it seems avalon at least will ship
mircea_popescu: jcpham no argument, but i'd rather friedcat capitalise on
that failure
than
the forum fauna.
jcpham: and
the world keeps spinning
Neil: mircea_popescu: Indeed, we need more people making useful
things.
Neil: I've never understood
the mining obsession.
optimator: jcpham: no doubt
the 50btc is crazy... but I'm hard pressed
to believe a mass dump of gpus will occur on ebay
mircea_popescu: <jcpham>
these asic noobs spending 50btc on blades
that might mine 10btc are insane << actually imo it's good
jcpham: we're on
the same page
there my friend
Chaaaang-Noi: <jcpham>
these asic noobs spending 50btc on blades
that might mine 10btc are insane yes, but as an AM stock holder, hahahahah :)
jcpham: these asic noobs spending 50btc on blades
that might mine 10btc are insane
Chaaaang-Noi: anyone know Warren
Togami of
the edora project?
jcpham: some of us worked out
this math 2 years ago
jcpham: i plan
to flip my gpus soon yes
Chaaaang-Noi: some like jcpham will sell on ebay, or
the forum
to smart miners who move
to ltc,
the others will mine ltc:)
optimator: jcpham: are
they selling
the gpus for cash?
jcpham: gonna let
that fad miss me
jcpham: i've never visited
the litecoin website
that i know of
Chaaaang-Noi: fuck,
there are girls down stairs and all i have is a
towl...
optimator: it's hard not
to be bullish on ltc
Neil: Though I decided
to blow a lot of $ and
time and go
to porcfest next wk.
Neil: Whatever happened
to mnw's bitcoin card?
Chaaaang-Noi: will be nice
to have it ready and waiting for me wheni hit
the usa in a few months
aknap3: after
that I'm off
to buy a new one
mircea_popescu: i can't quite pin it for certain it's so small, but with reasonable confidence we're
talking < 100 btc lifetime.
Chaaaang-Noi: but
that 100th stock had a lot of volume i was
told
mircea_popescu: meanwhile, he has some breakin which he "refunds". well...
there were never
that many btc on his exchange
thingee. as in, ever.
Chaaaang-Noi: so did he lie about it, or her really sent
the coin?
mircea_popescu: he invested about
the same in something pretty much similar (bitfury).
mircea_popescu: then, impredictably, basic popped.
the person with a ~1.x million dollar loss was unfazed
mircea_popescu: this was never confirmed by
the basic scammer. he used
this
to back some sort of mining asset on his pretend-exchange.
mircea_popescu: just review
the history. first he had ~1.x million dollar's worth of bASIC chips on order.
Neil: Pretty cheaply
though.
mircea_popescu: he's going
to continue losing large imaginary sums for as long as anyone's paying any attention
mircea_popescu: he had however many chips supposedly on order with basic when
that popped.
mircea_popescu: <Neil> Guy seems unfazed by it <<
that guy is just making shit up basically.
Chaaaang-Noi: my alt coins are 1005 ltc, expect price
to jump when we go
to gox
Neil: Chaaaang-Noi: More info -
this new scamcoin is litecoin-based.
Chaaaang-Noi: after glbse only direct holdigs are
the way
to go
Neil: Apparently, if you believe
the dude, and he didn't just send everything
to a personal address
Neil: What's
this picostocks
thing hacked
through PHP? Unbelievable. A cool 100k.
Neil: I
think you mean "have
too much brains"
Bunnyh: i have no idea how
they are valued. not saying
that it's much different with btc :)
Bunnyh: Neil: sold, i don't have
the balls
to hold altcoins
Neil: Bunnyh: Did you sell yours? Or holding
them?