log☇︎
906400+ entries in 0.664s
ThickAsThieves: ive mostly ruled out the idea
ThickAsThieves: I contemplated just buying one now, to 1-up the competition
ThickAsThieves: in all the PT offerings
ThickAsThieves: Friedcat said he'd ship "test" blades to each board member
ThickAsThieves: just that a 100btc doesnt prove he isnt
mircea_popescu: but marketing for what, if he's betting the other side.
ThickAsThieves: he can bet the other side
ThickAsThieves: if enough people join in the bet
mircea_popescu: ya but what's the scam ? it was clear with bfl, what with the website and google ads etc
mircea_popescu: but who;'s to know at this point.
mircea_popescu: he did risk a lot of money on it tho, and he doesn't really have preorders or even a site
ThickAsThieves: I'll believe it when they ship it
ThickAsThieves: i'm kinda calloused on new mining ventures though
mircea_popescu: if he's under 1w/gh as he says, then it's 1mw
ThickAsThieves: someone pointed out that the petahash thing would be a power problem
mircea_popescu: if indeed the guy can deliver in the petahash range...
ThickAsThieves: just build the things and grab 20% of the network
ThickAsThieves: no need to broadcast your intentions
ThickAsThieves: really there could easily be a private version of BitFury too
jborkl: well, the last PT was a nightmare - so I do not blame him
ThickAsThieves: i'd sell my AM PT on mpex too, but that's like selling swampland to MP I think
jborkl: personally, I like Havelock the best
ThickAsThieves: cheapest there
jborkl: price depends on what people are willing to have as a APR
ThickAsThieves: then get even more risky and turn that into compounded APR
ThickAsThieves: if you get brave and turn that into APR...
jborkl: error4733 , it is very easy to figure out - about 25000 bitcoins are mined a week / percentage of network AM has / 400,000 shares + hardware sales
ThickAsThieves: come to papa
truffles: <jcpham> friedcat is running one hell of an organization froma fucking forum thread>>> sounds like he/she is doing one helluva job
error4733: soo i need 150 week (at actual div) to break even ?
ThickAsThieves: i suspect he needs to do some reinvesting
ThickAsThieves: with that kind of income
jcpham: friedcat is running one hell of an organization froma fucking forum thread
ThickAsThieves: if they pay out all the money from blades thats .02 alone
error4733: it's already include in the weekly div ?
ThickAsThieves: this one stands to be much higher
error4733: how much the last div ?
ThickAsThieves: but this is pretty much a guessing game
jcpham: surely it's going to fall
error4733: always the same story, i'm too late or not haha
ThickAsThieves: thats my target
jcpham: 2.2 is a valuation per share i've seen tossed around
jcpham: ThickAsThieves i was thinking 2.5 is dump time
ThickAsThieves: you'll see people starting to sell of their board seats
ThickAsThieves: I think if hits 2btc per share
error4733: do you thinks they can go up to 20%
ThickAsThieves: value has to top somewhere
ThickAsThieves: mostly because AM mining hashrate goals continue to move
ThickAsThieves: i'm fairly bullish for the next few weeks
error4733: i read they have 20% of all networks
ThickAsThieves: So, what do you guys think a share of AM will be worth in 4 weeks?
error4733: miss the perfect trade, sold SD @0.07 and bought AM @0.
truffles: only the true believers win
error4733: why no 1 tell me that when its was 0.2btc/30$
ThickAsThieves: maybe even be the bank
truffles: stressful life, who wants that..
ThickAsThieves: if they can keep their heads they can continue to make bank
ThickAsThieves: i guess you could say they are institutionalized at this point
ThickAsThieves: cuz every reason really, other than not being exemplary
truffles: because theyre the biggest or safest?
ThickAsThieves: gox isnt going anywhere any time soon
kakobrekla: i was dreaming that yest.
ThickAsThieves: so basically, not one publically traded bitcoin exchange has worked out yet
knotwork_: My bank xfer is within its days (from friday) but "same day" payza transfers from sat and sun are not at payza yet
ThickAsThieves: maybe Canada wants to close them too
mircea_popescu: afaik some people have been waitingfor some time.
knotwork_: Anyone know anything about CAvirtex? Like whether anyone has gotten any withdrawals from them lately at all?
truffles: guess its splitting time
ll: i dont use it for that reason
ThickAsThieves: i also think that you need two accounts to use BF hurts it
ThickAsThieves: so the assbot acts as free aadvertising
mircea_popescu: i think that's why.
ThickAsThieves: i'm trying to sort out why BF is not popular
ThickAsThieves: i still want tickers in channel
ThickAsThieves: all things in one place
ThickAsThieves: so that helps
ThickAsThieves: he tells me it's that web socket is just better
ThickAsThieves: i'm not quite sure his reasoning there
mircea_popescu: well didn't he make his own chan and everything rather than pipe into assbot ?
ThickAsThieves: they were a team?
mircea_popescu: it seems ukto's decision to split off didn't work out for him then, i recall it was about at parity with btctc
ThickAsThieves: also intersting that people are leaving cheaper shares in Butfunder alone
ThickAsThieves: and sold the most overall
ThickAsThieves: it's very interesting to see the volume difference across these 3 exchanges
ThickAsThieves: could i crash the prices if i put in a bunch of Qty 1 orders? ;)
ThickAsThieves: BTCTC totally stalls every time someone makes an order
mircea_popescu: i wonder how long that lasts.
truffles: <mircea_popescu> this is just hobbist having fun.>>> wonder if he means hobbits from Lord of the Rings or Hobbyist
Namworld: Unless someone really beat them hard time on cost performance
Namworld: Which means if mining ever becomes very unprofitable, ASICMINER can just keep selling at a profit to hobbyists...
mircea_popescu: but this isn't economical thinking.
Uglux: "who will be spending 2 BTC on gear that will never in its useful lifetime mine 2 BTC." I wil solo mine with 4 sticks and a rpi for the lulz :)
mircea_popescu: Uglux https://bitcointalk.org/index.php?topic=201268.msg2141827#msg2141827 that.
Chaang-Noi: they are going to do what ever is more profitable
Uglux: "The question in any gold rush is who will do better: the people mining, or the people selling the shovels? ASICMiner decided they can do both." ---> this
mircea_popescu: hey, more power to you.
truffles: <Chaang-Noi> man its only 8 pm and im tired as fuck>>>>>>>>>>>> im wide awake
ThickAsThieves: due to me keeping 5% of divs
ThickAsThieves: well, market is telling me I need to sell 5% below
mircea_popescu: ThickAsThieves i like how your recent asset is somehow dominating the older oens