896600+ entries in 0.589s
jcpham: because
they
throw away
the women?
jcpham: i had a bitcoin mining writeup on ubuntu 8.04
that
the chinese were killing in 2011
Chaang-Noi: <KRS-1> Chaang-Noi you
told me you only have 4 btc why do you
troll so hard i said i had 4 btc, not only 4 btc
KRS-1: Chaang-Noi you
told me you only have 4 btc why do you
troll so hard
truff1es: well from
the discussion days ago about managing stuff i just figured maybe it could be
Chaang-Noi: so its a good hedge for AM stock cuz
they did everythig but AM :)
Chaang-Noi: then
they
took funds and bought bfl and avalon and making
their own stuff with avalon chips i
think
Chaang-Noi: they were one of
the biggest mining operations
ThickAsThieves: so no general
target, its just a fund
to buy hardware where/when it can
Chaang-Noi: cog was an awesome buy in
the .1X range imo
Chaang-Noi: they have been buying from different people over
the year so sooner or later it will hit
Chaang-Noi: right now not many, but
they have a lot of asics preordered
truff1es: i dont require logs for
those kinds of memories...
Chaang-Noi: one day i will be drunk and we can do
this
truff1es: tame cuz ure running it rather
than being one of
the girls?
Chaang-Noi: pretty sre my 1600 btc investment
today will bring me near double
that back if not more, i like days like
this, feel alive
truff1es: id have
to read a proper non-fiction on
the
topic
Chaang-Noi: running a brothel while at business school is odds are one or my for
tame and dull moments in life,
truff1es: like
taxes or love
taps u know
truff1es: well u can stay away from
topics
that could get u in "trouble"
KingCoin: seems
the prices here for bars n coins are more expensive
Chaang-Noi: i ran a brother while going
to business school
truff1es: around
the
time u "left" school
Chaang-Noi: i better sooner or later
they will write a book or movie about my life, its just been fucked up from
the start
Chaang-Noi: i like
the 500 monster boxes from
the mint, or i like
the 100oz bars from
the candaina mint
truff1es: omg start from
the beginning : D
Chaang-Noi: truffles... i would not even know where
to start
truff1es: whats
the weirdest series of events uve ever had goat
Chaang-Noi: is it goat story
telling
time already? :)
KingCoin: heh i was about
to buy at 1.39
KingCoin: asicminer? i feel i missed
the boat on
that
KingCoin: im looking
to put some bitcoin in something
ThickAsThieves: ugh i just came up with an asset idea
that might be so good it's embarssing
KingCoin: alcohol doesnt really work
that well
KingCoin: you mean
they will loose marketshare
Chaang-Noi: i have a 2 year old accoun
thtat i never verified
ThickAsThieves: maybe
they are cleaning up older users
that were
there before
they required verification?
ThickAsThieves: "As a result, beginning May 30th, 2013 all Mt. Gox user accounts are required
to be verified in order
to perform any currency deposits and withdrawals. Bitcoin deposits do not need verification, and at
this
time we are not requiring verification for Bitcoin withdrawals."
KRS-1: haha jurov ws right with said in
that quote..people sux
ericmuyser: how far -will- we crash <musical
tone>
Scrat: because mining pools with 40% of
the network = scary
Scrat: mp: hear hear. right now it's 1 kid with asics. hopefully in a few years
there are plenty of
them. and mining software starts
to support
the network security features of GBT
mircea_popescu: tough
tits. learn
to finance projects
that matter rather
than projects you "like"
mircea_popescu: Scrat moreover, what;s
the point he has ? wah wah americanz missed
the asic boat
the world rules must now be changed ?
Scrat: bleh, even if you make
the PoW scrypt with a 8 GB requirement, at some point it's going
to be favorable
to manufacture asics again
truff1es: <jurov> or maybe it would be useful for bitcoin-assets
to have own subreddit, what do you
think? >>>> why advertise
this channel, its clear most in here dont like ppl heh
Chaang-Noi: you dont
think he is God? he clearly does...
mircea_popescu: basically
the guy who originally discovered
the dns hole back in 2008 is saying proof of work is bad,
jurov: i'll be
thankful for anyone
to write what
they're saying, i have
trouble
to understand
jurov: for now i'll
try
to suggest mpex
there, what will come out of it
this
time
mircea_popescu: jurov do an estimate of man-hours needed
to handle
the reddit muppets,
jurov: or maybe it would be useful for bitcoin-assets
to have own subreddit, what do you
think?
mircea_popescu: The Associated Press is
the latest major news outlet
to inform President Obama's Department of Justice
that
they will not be participating in an off-the-record briefing on how Eric Holder's
team deals with journalists who work with leakers.
Chaang-Noi: so 2 btc for 300 mhs and
they are selling fine, but 2 btc for 1gh is way
too high?
ericmuyser: doubtful on
the 2btc.
the AM USBs are out
there at 266 with over 1 year ROI if at all and people mostly don't want em except novelty. even 3.5x cheaper, yours wont be out for 4 months, if at all (usb ships
to door)
Chaang-Noi: that is
the range i would sell at, maybe 1.5, i dont know...
Chaang-Noi: i kinda
think it might be worth like 1 btc each
Chaang-Noi: and honestly im not even sure i want
to sell
ericmuyser: sell em
to BFL, I heard
they need ASICs
Chaang-Noi: i dont want
to list it, i just want someone
to buy a large chunk of it, sadly i can only
tell so much info cuz of NDA
ericmuyser: math would prob be wrong and it wouldn't be 100% so estimate on
the higher side so it's between 40-100
ericmuyser: maybe do it
this way, estimate how many btc you'd get in sept.. make it so
the divs equal 100% interest over 1 year, and use
that as your price per share
ericmuyser: Chaang-Noi: really? nice. 125 / 1000 = 0.125 divs per month for each 0.2 investment.. ya
that'd be nice
Chaang-Noi: well im
told mid july
to mid aug, so i just added a month just incase
Chaang-Noi: even if
the difficulty goes up 1000% we will still be getting ฿125 a month for 1TH
ericmuyser: I
think 0.2 is on
the low side but sept + risk + probable delays.. maybe 0.5?
Chaang-Noi: yeah, i could not sell for
that, i paid way more
than
that