904200+ entries in 0.678s
furuknap: AM has been very, very profitable for him.
That's why he
took
the fee away.
furuknap: Actually burnside reaps from
trading because it is his exchange.
furuknap: I understand
there is work involved, but I saw
the regular PT numbers and
thought it would be much more interest in
the 100PTs.
furuknap: Of course, I have no reason not
to
trust you, but you still don't have
to hold personal shares, which is
totally different from holding shares from someone else and routing
the dividends.
furuknap: Well,
there is a major difference betwen being a PT operator and holding shares. You can be a PT operator and not hold a single share yourself.
ThickAsThieves: 5% of divs is entirely disproportionate a same
to worry about considering
the share value
furuknap: Yeah, because
the volume should be much higher. I realize it didn't become as huge as when I suggested it.
ThickAsThieves: furuknap, I actually recall you were
the fist one
to give me shit about it
mircea_popescu: <furuknap> From
the entire PT? Geez. << no dude. dividend was like 2%. he gets 1/20 iof
that
furuknap: Yeah, I just
thought it was way bigger in volume.
Namworld: It's slow on
the updating here
Namworld: and 3 BTC is
the last dividend which was high
Namworld: 10000
TAT ASICM = 100 ASICM = 3 BTC. x5% = 0.15 BTC or 18 dollars
furuknap: Ah, you're
talking shares, not fractions. Got it.
furuknap: ?? Isn't
there around 10K on Bitfunder and 30K on BTCT?
furuknap: I realize it's just
the dividends.
Thought it had higher volumes.
furuknap: No shit... What's
that in BTC,
then...
furuknap: TAT, could you
tell me so I don't have
to calculate myself, how much you get from
the 5% in dividends on AM-PT?
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davout: mircea_popescu: you got me
there!
davout: the fee for
the music shall be equal
to
the fee for VIP registration
davout: mircea_popescu: we shall have a concert for
the conference #2
mircea_popescu: davout :
the girl wants you
to know
that she's answered "spoken like a
true gypsy" in
the nigger
thread but some mod beleeted it.
furuknap: MP, any way
to reach you in private?
furuknap: Everything seems
to point
to 120+ shortly. Sadly, I chickened out on
the Dwolla dip by not buying. I believe I will be hitting myself on
the head for
that.
furuknap: This is
the Battle of
the $120. 10K sell before 122
too.
gribble: There are currently 10058.458 bitcoins demanded at or over 118.0 USD, worth 1187353.50463 USD in
total. | Data vintage: 0.0059 seconds
furuknap: Wall at 118? I see 750
there if you're
talking Gox?
Chaang-Noi: <mircea_popescu> bitcoin wearers unaffected. im going
to make a necklace out of a casasicus 1000 gold coin
furuknap: Ah, OK. Well,
the more I read,
the more it seems
that
there's just way
too much effort here
to scam someone for peanuts.
mircea_popescu: Chopard jewels worth more
than $1 million have been stolen at
the Cannes film festival
mircea_popescu: furuknap is what i meant. some guy "posting casually" in some forum
thread is no argument for anything
Chaang-Noi: 119.9 again.. we cant get higher
than
that...
furuknap: My bad if
that wasn't your intention.
furuknap: Ah, I
thought you meant something along
those lines. I
thought you said
the only relationship was
that 100TH claimed
to have purchased Bitfury chips.
furuknap: The drawback of
that strategy is
that he still needs
to get a proper racehorse at some point, and
the process isn't going
to be quicker for him. People
think he can just snap his fingers and have 262
TH in production, but with
the current
tech,
that
takes a lot of space and he's already running into issues with
that.
furuknap: Yeah,
that was genious, and I mean
that. Realizing how complex it would be, he got an old beat-down horse and bet
that
there wouldn't be any other horses in
the race.
truffles: "1. You're nobody", isnt
that where most people stop reading??
Chaang-Noi: and yes
the second gen could fail, but AM has so massive deep pockets and
the right contacts at
this point
Chaang-Noi: i kinda
thought friedcat was smart going with
the very very old
tech
furuknap: That's always a risk. Same can apply
to AM 2nd gen.
truffles: i keep hearing Piccolo every
time its said..
Chaang-Noi: wonder what will happen.. even if legit, could run into same issues as bfl and
the chips just dont work
Chaang-Noi: i do
think i looked into
this before, i did not like what i saw
Namworld: Sure, I bet
the power companies hate it.
Namworld: Pretty sure
that's called
thievery
furuknap: Problem is, if or when
there comes a correction,
those clueless investors will cry 'bubble share' whenever
they can,
tainting AMs ability
to appeal
to serious investors.
Chaang-Noi: i was clueless when i bought in, i only did it cuz of my past relatioship with him and he seemed like an honest guy. i had no idea how he expected
to beat bfl
mircea_popescu: well
they've created a few problems for
themselves with
the horde of clueless investors, but anyway.
Chaang-Noi: anyone who can get 255 of
the network is going
to lack in some areas
furuknap: mp, absolutely, which is why I have faitrh in
the operation if
they can calm down a bit.
mircea_popescu: financially clueless, but
that;'s not exactly a crime, few op managers grok finance.
mircea_popescu: furuknap he's operationally good, or at least way better
than everyone else in btc
truffles: friedcat seems like
the real most interesting man in btc
furuknap: I
trust his honesty. A bit skeptical about business abilities.
Chaang-Noi: we have no idea how much he is paying for labor, equipment and
the like