899900+ entries in 0.621s
furuknap: Ans suddenly SDICE has made up for
the 3K loss earlier
this month and is now positive again. Yeah, rite...
jborkl: ripple is now down
to 8200/1
gribble: BTCUSD
ticker | Best bid: 125.30001, Best ask: 125.50000, Bid-ask spread: 0.19999, Last
trade: 125.50000, 24 hour volume: 24341.11155891, 24 hour low: 122.26000, 24 hour high: 126.93446, 24 hour vwap: 125.02370
fiat500: even
the
title is a question
fiat500: jcpham: hrmz,
that article doesn't really say anything
fiat500: just wanted
to see how you'd react
fiat500: WILLdude: i was lying about
that 11btc, please don't
fiat500: oh neat, jcpham who's behind
that site?
aknap3: WILLdude not a stupid question, it was a window into
the workings of your mind. You must not invest!
WILLdude: Well, obviously,
there is no strategy
to gambling.
fiat500: no
there wasnt, i could have just as easily lost
the 2btc i started with
WILLdude: Is
there some strategy
to
that gambling?
aknap3: WILLdude:
this is painful but it is good advice
aknap3: the only winning move is not
to play
ThickAsThieves: i
think willdude doesnt realize
that he is
trying
to spend money, not invest it
fiat500: aknap3: is
that how it works?
aknap3: then
turn off computer and finish school. When you graduate you'll likely be able
to pay for college
WILLdude: Where's
the best place
to buy
the new USB miners, in a quantity of 1?
aknap3: optimator:
time
to write a grant proposal
optimator: I'm guessing C would result in
the best overall outcome
optimator: aknap3: I'd want
to run simulation a) w/o beer; b) with real beer; and c) with real beer at a bar!
aknap3: optimator: it was unforgettable (no actual beer
though )
fiat500: oh well, good
thing im not in
this for short-term bets
optimator: aknap3: I wish we played
that game in my business classes
fiat500: probably a better short-term bet
than COG
then eh
aknap3: so
their hashrate will grow massively
optimator: I'm
thinking
there would be a bit of inventory shrinkage
BitHub: i'm never able
to go longer
than 10mins
BitHub: so much easier just playing startrek movie and new judge dredd back
to back and doing a shot whenever you see a lens flare
aknap3: and even if you know exactly what is going
to happen, as a distributor, you have
to play along. Fighting
the wild swings makes
things worse for you
aknap3: the customer orders are: 1, 2, 4, 8, 4, 4, 4 (and 4 for ever) but
that exponential demand growth in
the beginning
triggers instability
that lasts
the whole game
aknap3: one one end you have
the factory, on
the other end yo uhave
the consumer. in between,
the distributors.
the consumer places an order, and
the order is passed down
the line. Each participant loses money while
they have either overstock or back-orders
aknap3: it's awesome -- need a group of people. Even if you have played
the game before and you know all
the details you can't stop
the wild fluctuations in supply and demand
gribble: BTCUSD
ticker | Best bid: 125.21000, Best ask: 125.21001, Bid-ask spread: 0.00001, Last
trade: 125.21001, 24 hour volume: 24212.04542808, 24 hour low: 122.26000, 24 hour high: 126.93446, 24 hour vwap: 124.99209
aknap3: the herd is wrong, but you have
to move with
the herd
optimator: it's intersting,
the market approaches perfect information and still
the players make what seem
to be unrealistic bets
fiat500: if its something small/medium scale it isnt worth it for me
to charge
BitHub: i would like
to hire your services sometime
fiat500: i have in
the past,
the kind of stuff i do on a daily basis is a lot more complex
optimator: ThickAsThieves: I'm not saying I didn't
take a profit... but damn! 2.45
ThickAsThieves: at one point i lost faith because FC kept saying
they were gonna get
to 12TH and never did it
ThickAsThieves: you can probly find some posts from me badmouthing
the share value
too
BitHub: are you good at
that stuff fiat500?
fiat500: id do it for free if i had an API... is
there a realtime API?
BitHub: bfl and avalon should both just give up and submit all
their funds and equipment
to AM and beg for forgiveness
BitHub: AM should just release another device called
the bfl
gribble: Next difficulty estimate | 11995492.5382 based on data since last change | 12270736.4505 based on data for last
three days
fiat500: BitHub: why dont u just buy
them on
the exchange?
BitHub: cmon fiat500 give bithub a good hookup remmeber
that free btc :P
fiat500: who wants
to buy 2 shiny AM-PT shares from me @ 2.489
fiat500: so what was decided re:
the AM PTs?
gribble: Currently authenticated from hostmask BitHub!~bithub@unaffiliated/bithub . User BitHub, rated since Wed Feb 6 18:18:53 2013. Cumulative rating 39, from 19
total ratings. Received ratings: 18 positive, 1 negative. Sent ratings: 18 positive, 6 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=BitHub gribble: Rating entry successful. Your rating for user
ThickAsThieves has changed from 1
to 1.
BitHub: ;;rate
ThickAsThieves 1 - professional.
gribble: Rating entry successful. Your rating of 1 for user
ThickAsThieves has been recorded.
BitHub: ;;rate
ThickAsThieves 1 - runs a
tight ship
gribble: Rating entry successful. Your rating of 3 for user
ThickAsThieves has been recorded.
jcpham: ;;rate
ThickAsThieves 3 Runs one hell of a
tidy ship.
jcpham: ;;getrating
ThickAsThieves
jcpham: ;;ident
ThickAsThieves
jcpham: where do i get
the
trust from?
furuknap: No worries, keep up
the good job.
burnside: sadly, gotta head out. withdrawals
to process and day job
to attend
to.
burnside: That is definitely
true.
The exchange lives or dies by volume.
ThickAsThieves: and neither of you wants
to give up any of
that sweet sweet volume :)
furuknap: Burnside, you're here! Good
to see you!
burnside: yup, I'll have
to have a chat for sure.
burnside: TAT, only way any of
this works
though is if
the PT on BF somehow develops a fee setup.
aknap3: burnside: sounds generous and reasonable
to me
jborkl: I
thought DT already said he was shutting and paying yesterday
burnside: yeah, I'd have
to announce
that it was closing in 6 months. let people
transfer wherever
they want, with a carrot (instant
transfer) for people
transitioning
to
the alternate PT
ThickAsThieves: in
the end, shut down aint gonna happen unless DT stops importing
too
aknap3: and I
think
the stockholders would approve :)
aknap3: but it looks like a 30 day shutdown is perfetly fine per
the agreement
aknap3: not
trying
to be a pain, but doesn't
the stockholder agreement say we can
transfer in an out?
ThickAsThieves: you will also have
to do some hardcore convincing with Ukto
burnside: I
think
that'd be a mistake for him, but it's a definite possibility.
burnside: thing for me is
that if we do
that, I'd want
to set a deadline where I can shut down my PT. If
the goal is
to alleviate
the conflict of interest,
there needs
to be a finish line.