917300+ entries in 0.679s
seongyupyoo: yes, i won't be keeping in in
the near future
mircea_popescu: yes but i mean...
this is all handled at
the website level ?
seongyupyoo: when one decides
to destroy, all risked funds get destroyed including your own
mircea_popescu: what about
the byzantine problem ? ie, we both satisfy
trade, i wait for him
to release and
then
seongyupyoo: you would not be making a 100 btc sale offer i don't
think ever
mircea_popescu: seongyupyoo atm just
trying
to understand
the system in my head.
seongyupyoo: in
that case, he or you can make an offer for 1.5 for certain amount, and you should require both risking 3
seongyupyoo: i don't
think
there is anything
that can be done about
those
types of people who don't mind just
throwing away money for kicks
topace: yea, a few days of bad luck can bankrupt a small pool
that doesnt have a good float
BTCOxygen: It was a bug
that never sent in blocks
to bitcoind which is fixed now.
seongyupyoo: you understand both parties of
the
trade risk same amount going into a deal?
BTCOxygen: topace: Yes, Also
the mining server was not funtioning correctly at
that
time.
mircea_popescu: say I just make a deal in order
to destroy opm. just for
the kicks.
topace: and didnt have a "float"
to cover bad luck
mircea_popescu: seongyupyoo so we were discussing your idea earlier,
the nashx
mircea_popescu: topace you mined on his pool yet he didn't have
the btc ?! odd. anyway,
thanks.
seongyupyoo: is mircea here? I got a
tweet from him asking
to join
this chatroom about nashx
topace: mircea_popescu: not really secret, i started mining with btcoxygen when he first started
to help "test" his site... I asked for payment on
the account from
the hashes i contributed, but he didnt have
the btc, so he's paying me slowly as he can.
BTCOxygen: topace: Do you want
to invest
those into Our Project ?
KRS-1: mp: you always have such great ways of putting
things lol nice
mircea_popescu: your wealth is, much like your mistress, always ready
to ditch you if you suck.
mircea_popescu: i prefer
to express
that idea in
the
terms of
the converse perspective.
mod6: these damn vsphere instances dont have any one-way hash bins on
the local fs :/ -- openssl
to
the rescue ftw
mod6: holy shit i always forget
that you can use `openssl dgst`
mircea_popescu: no, pirate was just a guy
trying
to leverage "lot of
trust" into "give me money", with no businessm odel.
BTCOxygen: kakobrekla: Still
the ROI is very good on
this.
BTCOxygen: I will be
the second investor.... lol
BTCOxygen: kakobrekla: I will put my funds into
this once I see some interest.
kakobrekla: so you are putting down 0 of your own funds for
this
BTCOxygen: kakobrekla:
That was sent
to my offline wallet.
mircea_popescu: i
think
the skepsidyne integrated node is pretty much
the obligatory blueprint for all such pooled mining farm ventures.
mircea_popescu: nevertheless, people still chose
to pocket
the investor's hardware.
mircea_popescu: there was some marginal business sense in
the old gpu days, because running a large gpu farm was non
trivial
mircea_popescu: people who can't aren't numerous enough
to make anything of
the sort you're contemplatin workable.
mircea_popescu: this mining farm
thing doesn't work. people who can afford asics can just get
them
BTCOxygen: kakobrekla:
Thats done for
testing purpose.
BTCOxygen: And have been in
the bitcoin community for a long
time.
mircea_popescu: pretty much not one single attempt
to date worked out.
mircea_popescu: before you ask : offering
to buy mining gear with opm is scammy by definition.
mircea_popescu: BTCOxygen in general people presenting
themselves with a scammy nonsense
thing
tend
to not be in
the wot.
BTCOxygen: But read
the Why
trust us part on our
thread.
BTCOxygen: mircea_popescu: I Have not done much
trading on OTC.
BTCOxygen: KRS-1: If
there was Batch 4 It would be 75 BTC per unit.
BTCOxygen: Still with
the re-investment plan
the ROI is still above ~100% annually.
BTCOxygen: KRS-1:
The costs on our plan are similar
to Batch #3 Avalon
BTCOxygen: KRS-1: Management fee has been reduced
to 10%
KRS-1: BTCOxygen: I read your business plan if
thats what it was- I don't see how investing with you can net more profits
than if I bought some of my own units from Avalon batch 4 if
there is a batch 4..considering management and Dev costs
BTCOxygen: topace: 200% annual return is not bad
tho.
kakobrekla: lol
the original bitcoin-central announce ended with "We'll be back, also skateboards."
lippoper: great stuff in
there, but it seems out of date
lippoper: mircea,
that article you linked me
to is almost a month old
topace: that will let
them ship next week
topace: right, ill get right on
that
gribble: There are currently 57729608 bitcoins demanded at or over 0.0 USD, worth 19687676.0833 USD in
total. | Data vintage: 0.0139 seconds
topace: yea someone go visit
them and see if
they are real
topace: heh $2795 for
the FPGA, with "vouchers for up
to $2000 off of any jupiter purchase"
topace: at retail,
the fpga chips from alterra are $$15k
ThickAsThieves: i imagine any job like
that comes with a notable chance you;ll end up killed by your own
too
KRS-1: yep ..i dated a dancer or
two in my
time..they're fun but not worth
the aggrivation most of
the
time
mircea_popescu: whores are people
too,
they have
their
tickle spots,
their likes, etc
mircea_popescu: ThickAsThieves depends. it may be
the coke, sure, but more often
than not it's quite animalic.
ThickAsThieves: i know nothing of whores, but i'd assume
they, like many, want
the easiest work for
the most pay