log☇︎
909100+ entries in 0.695s
Bugpowder: the CPA is going to do it proper
KRS1: yeh lawyers are real good at that shit..meh I went to business school I only know the "proper" way to do things.
Bugpowder: after that who gives a shit
Bugpowder: 0.3% is a nice discount tier
Bugpowder: I have a pro CPA looking at the tax situation
KRS1: well the thing is, an incorporated business is its own legal entity and any money it makes doesnt get taxed until its withdrawn as salary or whatever..you can figure out how to spend it tax free from there..max the ira's and what not..make tax free "investments" into the "company" that get sspent on this and that
ThickAsThieves: daytrading btc got too gambley for me
ThickAsThieves: i have many things i can claim as expenses at well
KRS1: if its an s-corp u can prolly realize those gains and keep it in the coffers without having to pay anything just yet
ThickAsThieves: so i have some flex there
ThickAsThieves: i also used cash from my business to do the buying
KRS1: and now you are the man for doing it all right like that
ThickAsThieves: i havent entirely sorted that out yet
KRS1: f'n taxes are prolly your biggest headache these days huh
ThickAsThieves: i even consulted with the wifey
ThickAsThieves: i invested $25k cash total in BTC
KRS1: i mostly sold out to make up my $3K investment on my rigs
KRS1: wow this was like a 0-day exploit
ThickAsThieves: to sell BTC during the bubble burst I think
ThickAsThieves: but I also sold all those shares
ThickAsThieves: I dont recall the details of why I bought back then,
KRS1: what made you have faith back then
KRS1: that is badass, thickasthieves
bgupta: Namworld you should have told me, it's going for a lot more.. I would have paid more.
ThickAsThieves: .41 is the price I started buying at
dub: how is that auction for the shithole in germany going?
ThickAsThieves: and make the generic asic logo
ThickAsThieves: Asicminer should just steal that logo
benkay: wtf is this shit:
benkay: new topic!
KRS1: but the BFL miner has the cool butterfly logo
ThickAsThieves: Asicminer USB miners will probly be worth more than a BFL minirig in 5 years
Bugpowder: you will be able to buy 20 of them with the current value in bitcoin.
benkay: not the dumbest thing ever.
KRS1: I'll be able to sell mine in 5 years for twice as much as collectible nostalgia technology..It'll sit on a shelf right between a ColecoVision and an Atari 2600
parseval: I'm just holding a preorder for the one unit, and running a couple of video cards atm, nothing major
Bugpowder: Nobody will make their money back on the BFL shit
[\]: cloudflare does nothing for them
parseval: Nah, I'm going to keep it
[\]: but since much of the page is dynamic
Bugpowder: NEver seen this one before
parseval: I probably should have gone for the refund, but I'll stick with it now
[\]: Multiple distinct Location headers received. This is disallowed to protect against HTTP response splitting attacks.
[\]: I'm glad I didn't put everything I had with them back in the day
parseval: Yeah, 35 units, half to media isn't really 'shipping', it's demoing
topace_: accoridng to their email they sent last week yea.
topace_: well ill keep buying blades so that should help the share value :p
ThickAsThieves: i put every BTC i got from selling shares on all the PTs
topace_: you already have more on havelock than you were originally planning i see :)
truff1es: is the sky falling on btc?
ThickAsThieves: hopefully ive sold out on all my PTs by then
topace_: sold $10k of AM shares on havelock today alone :p
[\]: 503 Service Temporarily Unavailable
ThickAsThieves: i'm almost all in BTC at this point
Bugpowder: I picked the wrong evening to buy back in
pgp: let the games begin
ThickAsThieves: remember that guy Bugpowder?
ThickAsThieves: how do i join this trollbox
pgp: no matter how you try to define goxIncompetence, you will always encounter stack overflow
ThickAsThieves: that occurred to me
louong: 1.199 ASICMINER trade was an option exercise
ThickAsThieves: ^ what hapnd there?
gribble: Error: Problem retrieving gox lag. Try again later.
KRS1: I have to hook that up one day..that is pimp.
KRS1: lol not that kind of pin LMAO
KRS1: hmmm..wonder if those who are quiet right now are on the ddos tip.
KRS1: i liked it..happy to share.
pgp: who is going to bitcoin conference?
gribble: BTCUSD ticker | Best bid: 109.30000, Best ask: 109.49999, Bid-ask spread: 0.19999, Last trade: 109.49999, 24 hour volume: 60966.84086930, 24 hour low: 108.80000, 24 hour high: 116.77700, 24 hour vwap: 112.99253
kakobrekla: KRS1 67? where did you hear that
KRS1: Idk why but that house seems like what I'd expect from there.
KRS1: mircea_popescu: from what I know about Romania or think I know, I think this is how I'd have to live the life: http://www.youtube.com/watch?v=DALvNCbgcKg
KRS1: how in the hell can i place an order or two lol
ThickAsThieves: and is selling cheaper better devices than BFL all day long
pgp: wish there was a was to definitively specify that for a bitbet proposition
pgp: bfl... when will bfl be relagated to footnote status...
ThickAsThieves: i took their classes
ThickAsThieves: i think they got some press a few weeks ago
mircea_popescu: kakobrekla yes. some people who believe that if you call yourself mercedes you're made in germany.
mircea_popescu: is this a bitcoin business being dscribed ?
gribble: mircea_popescu was last seen in #bitcoin-assets 35 minutes and 24 seconds ago: <mircea_popescu> (hey ThickAsThieves am i doing it rite ?)
KRS1: hehe you are prob right..my friend was telling me about some of their code fuckups..like they paid the cheapest developer they could get and once it was working fired him and moved on to the next sprint without testing and fixing shit ..like input validation..programming 101
kakobrekla: pgp i dont know much about them, what can you tell
pgp: my 4 year old could run a better exchange than these jokers...
kakobrekla: some new stuff there?
louong: I'd wait until gox reopens the bounce down
KRS1: maybe it is time to buy indeed
pgp: note sure if anyone cares, but tailer for movie adaptation of one of my favorite books (Ender's Game) was just released http://www.youtube.com/watch?v=vP0cUBi4hwE
gribble: Error: Problem retrieving gox lag. Try again later.
KRS1: although technically btc is still overbought right
KRS1: seems like its time to buy? I might be wrong though.
KRS1: heh yeh as if the changes in lighting wasnt enough ..thought it was amusing though.
pgp: nice video - if only the laws of thermodynamics worked that way...
KRS1: pgp: you can always try this for quick ice: http://www.youtube.com/watch?v=x-GQk8Q96PY
KRS1: dont think it gets any worse than that..maybe no liquidity?
KRS1: thats a pretty good story..who wants to hear that
kakobrekla: im not talking about bitcoin related stuff
kakobrekla: about them not payin up and such
benkay: that means computational fluid dynamics to me.
kakobrekla: enought to convince me not to deposit any cash