897100+ entries in 0.657s
mircea_popescu: sucks
to have failed government after failed government after failed government huh.
mircea_popescu: it's kinda funny how many foreign languages
teh mericans suddenly have
to learn
these days
jurov: but i was
too lazy
to read it all with my lazy russian
fiat500: so
the russians,
the chinese, and
the americans
jurov: jcpham,
there is a russian
thread about "bitfury predzakazy"
that means "preorders"
mircea_popescu: the
thing bfl was going
to do, actually done. by
teh russianz/jooz/etc
mircea_popescu: ericmuyser possible. i'd be muchly curious
to see a <1gh/w chip
ericmuyser: no but honestly I
think he's got it, he'll announce within 2 days or has shared it with a "respected" member
fiat500: "Thanks for pointing
this out! We'll work on fixing
this bug when we get a change."
fiat500: so, re:
the bug i discovered on coinbase earlier
today, just got a response from
them
ericmuyser: mircea_popescu: so now i know how
to game you :)
mircea_popescu: ericmuyser i guess
that's possible.
tho i doubt it's him, because of
the
time
ericmuyser: if he placed some of
the 95 btc bets
then he almost breaks even
fiat500: i have about 20btc in 100TH, i should bet against him on bitbet
to hedge
mircea_popescu: i guess he could be
throwing 100 btc in
the wind just for
the fun of it.
ericmuyser: fiat500: he says he's only loosely affiliated, completely remote, just contracting for
them
fiat500: especially in a context outside
the forum...
mircea_popescu: anyway,
that guy was
talking of up
to 22 peta hash under 1watt/gh
fiat500: one would
think a company producing millions of dollars worth of hardware would be above calling out
trolls on forums in public
fiat500: lmfao... why do
they need
to name names?
fiat500: "Initiated by Bitfury, who placed
the first Yes bet."
mircea_popescu: whether
they do or
they don't,
the major players will be of
that sort. one day he says hi
fiat500: who
the hell is friedcat anyway
fiat500: but
thats not going
to last forever
fiat500: yeah
thats absolutely ridiculous, but even if
they sold
them at 0.1btc (what i
think
they're really worth)
they would still make a killing
fiat500: those miners are useless but if
they can sell enough of
them
ThickAsThieves: i dont
think
theyve sold
the 1st production batch out yet
though
fiat500: not a bad move on
their part
fiat500: so a million of
those would be 300TH/s
total
ThickAsThieves: i dont see 2015 affected share price in
the short
term
fiat500: ThickAsThieves:
this is all short
term still
ThickAsThieves: for example, I believe BFL claims
they have a few hundred boards coming in next week,
ThickAsThieves: do you
think Friedcat and his
team might be able
to stay in front of
the wave and dominate
the hardware sales?
mircea_popescu: ThickAsThieves perhaps. even so, in
the mining market returns are made out of a capital amortisation part and an actual return part
fiat500: well played burnside, canceled my withdrawal and decided
to buy goodies from btct instead
ThickAsThieves: i
think
the possibility
that AM will be more
than a flash in
the pan is quite real
mircea_popescu: im not presentin
this as an absolute
truth or anything
mircea_popescu: ThickAsThieves but for
the record,
this is very much dependent on where you draw
the lines
fiat500: apple's cost of producing a phone is a lot higher
than foxconn's cost
ThickAsThieves: so you are saying AM is no different
than a GPU mining farm selling off it's used cards?
mircea_popescu: if you go by %s am sales are very small, moreso
than gpu sales
ThickAsThieves: has
there ever been a mining stock
that sold hardware at retail?
ThickAsThieves: but
they could lead
that if
they play
their cards right
fiat500: i
think mircea_popescu is saying you should
take opportuniy cost into account
ThickAsThieves: i'm really not sure how much AM will depreciate over
time
fiat500: mircea_popescu:
this is bitcoin, everyone is amortising over a period of
time long enough such
that cost is effectively 0
mircea_popescu: <ThickAsThieves> AM is still
the best payout out
there << not really.
fiat500: true, but
then why bother with basic at all, it becomes a passthrough of a passthrough
fiat500: this is what
they call having more money
than sense
fiat500: grasping at straws really, spending 500btc
to make 5.6btc per week
fiat500: it is in my best interest as an AM-PT shareholder on btct of course, if he buys from
there
fiat500: ThickAsThieves: he wants
to buy 200 shares
fiat500: wont find out
til june 4th i guess
fiat500: i wonder whats gonna happen when basic-mining buys
those AM shares
fiat500: i
thought 2011 @ full share price lmfao
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usagi: I'm just about
to go out.
jurov: would
that be horizontal or vertical expansion for koddos?
fiat500: conspiracy: ddos operated by
the koddos people
jurov: that will finally put
them out of bsnss