log☇︎
920200+ entries in 0.715s
Lyspooner: mircea_popescu, you do a good job of chronicling those articles or instances of great stupidity. please keep this steve forbes article in your archives for future reference
mircea_popescu: the fact that the dollar is insanely volatile these days has little bearing on anything other than... the dollar itself.
mircea_popescu: "our currency collapsed against this thing therefore this thing can't be used to price hamburgers in"
jcpham: dawwww i like seeing these old smart people look dumb
mircea_popescu: anyway, the usual set of ignorant/half informed nonsense people do these days
Scrat: using that to make a point
jcpham: not the bloggers
Lyspooner: Money is most optimal when it is fixed in value just as commerce is facilitated when we have fixed weights and measures. When you buy a pound of hamburger you expect to get 16 ounces of meat. An hour has 60 minutes. A mile has 5280 feet. These measurements don’t “float.”
gribble: There are currently 722721.79 bitcoins demanded at or over 0.9 USD, worth 11548332.3198 USD in total. | Data vintage: 0.0095 seconds
ThickAsThieves: in that example it only obfuscates anyway
ThickAsThieves: i didnt see anyone fighting for the e
pgp: who is that?
Namworld: not without complaining to the right person
ThickAsThieves: i just think the E concept is tarded
Namworld: There ya go ThickAsThieves
Namworld: back to 56 million demand
gribble: There are currently 56594480 bitcoins demanded at or over 0.0 USD, worth 11572274.4877 USD in total. | Data vintage: 0.0086 seconds
Namworld: hey, I removed the order...
gribble: There are currently 1.0565969e+09 bitcoins demanded at or over 0.0 USD, worth 11830042.4309 USD in total. | Data vintage: 11.4155 seconds
Namworld: Well that would have killed gox's engine
mircea_popescu: i hope you made the orders in .001 btc increments.
gribble: There are currently 1.0565969e+09 bitcoins demanded at or over 0.0 USD, worth 11854275.4436 USD in total. | Data vintage: 107.0922 seconds
Namworld: It's not lame. I represent like 95% of the bids orderbook in BTC denomination now.
gribble: There are currently 710752.61 bitcoins demanded at or over 1.0 USD, worth 11622897.2427 USD in total. | Data vintage: 0.0074 seconds
jborkl: there is something else with AA, they asked the FAA to ground all the flights?
gribble: There are currently 1.0566017e+09 bitcoins demanded at or over 0.0 USD, worth 11859030.3747 USD in total. | Data vintage: 91.7733 seconds
gribble: There are currently 62882.521 bitcoins offered at or under 100.0 USD, worth 5473189.36504 USD in total. | Data vintage: 84.2062 seconds
Namworld: Where's my trophy for stupid achievements
Namworld: Of all bids, Me: 1 billion, Rest of the world: 56.6 millions
Namworld: I switched gribble to e+ numbers
gribble: There are currently 1.0566017e+09 bitcoins demanded at or over 0.0 USD, worth 11861233.5045 USD in total. | Data vintage: 0.0078 seconds
Luke-Jr: jcpham: well, ASICMiner has the same problem
jcpham: doesn't seem any worse than asicminer
Luke-Jr: jcpham: even if it weren't a scam, it defeats the point of mining even more than centralized pools
jcpham: i can't get behind their economic model
tk993: I'd say, yeah, sounds too good to be true, jcpham.
jcpham: luke-jr what do think about this cloudhashing scam
jcpham: Using our powerful ASIC cloud, we simplify the mining process for you.
jcpham: to good to be true? https://cloudhashing.com/contracts/indefinite-contracts
gribble: BTCUSD ticker | Best bid: 65.94000, Best ask: 66.00100, Bid-ask spread: 0.06100, Last trade: 66.30000, 24 hour volume: 664521.94526845, 24 hour low: 50.01000, 24 hour high: 91.00000, 24 hour vwap: 68.15425
punkman: then the cheapest electricity qina
Namworld: BFL failed at that
Namworld: going to add some balance
pgp: so, extrpolate into the future - how does the mining shit play out?
mircea_popescu: Namworld i think avalon is delivering.
pgp: that's the reason yifu started avalon, right?
pgp: right - so... that doesn't seem so secure to me...
Namworld: they'll reach 51% at this rate
pgp: actually, isn't hashing power now more concentrated than ever?
Diablo-D3: and then flip it back off
Diablo-D3: and I'd leave the shit on just enough to make it work
Diablo-D3: thats how I'd do it if I wanted to
Namworld: Well... if someone were to do that... that's exactly how they'd do it.
Namworld: [15:13] <kakobrekla> also wtf "even if you were to take over the network people would see it comming....... you cant fllip a switch and take 51% of the network"
kakobrekla: on the keiser show
mircea_popescu: sounds a lot like the internet is not like a truck argument.
kakobrekla: even the big stars get it wrong
kakobrekla: also wtf "even if you were to take over the network people would see it comming....... you cant fllip a switch and take 51% of the network"
deadweasel_work: scrat, link us to gollum keiser?
kakobrekla: o lloky bitpay guy in the keiser show
Namworld: Scrat, maybe if Bitcoins dies one day, when all BTC are lost to lost keys, he'll have the last cascacius coin, the last bitcoin, saying "My Precious"
Bugpowder: I thought lower
kakobrekla: its still better than half of the shit you find outthere about bitcoin
Namworld: Yeah, I'm sure he sold near the top
deyyo: i couldn't watch him for more than 10 seconds...
jcpham: can't listen to him anymore
kakobrekla: no cause he sold his coins in time :)
joecool: i wonder if he lives under a bridge, i notice there's a bridge in the background behind him
Bugpowder: like a real troll
Bugpowder: Wow. I never actually watched Max. He really looks and sounds like a troll.
kakobrekla: is this a parody on MTG?
jborkl: back to showing 5300
jborkl: well a block just went through, still over 5000
jborkl: holy shit, you see unconfirmed transactions
mircea_popescu: i wonder if the two are the same one guy.
jurov: that's there, in fine print
deadweasel_work: don't forget the monthly upkeep fee.
gribble: BTCUSD ticker | Best bid: 69.22100, Best ask: 69.98000, Bid-ask spread: 0.75900, Last trade: 69.22100, 24 hour volume: 657938.34800807, 24 hour low: 50.01000, 24 hour high: 93.00998, 24 hour vwap: 68.33931
gribble: MtGox lag is 0 seconds. During this time, light travels 0.0 AU. You could have sent a bitcoin ... nowhere, really (0 AU).
jurov: Yes, you’re correct. For reselling MPEx account, you need special broker license from exclusive reseller such as CoinBr.com. To obtain it, please send 99 BTC to CoinBr662GWdiqVz8mXJUnYjWZbBchKAb .
mircea_popescu: basically the internet is this place where funny just grows. like a sort of agar for humor.
mircea_popescu: people have found the article where some doods who explain how $600 is way too much are being hammered, and want to add their own "$3000 is too much" contributions.
mircea_popescu: on trilema
jurov: where? i so want to troll them that i paid for special broker license
mircea_popescu: according to new research.
mircea_popescu: "This is not the case here. Paying the 30BTC doesn’t mean that other people can then trade via me and I will be able to earn commissions from their trades."
mircea_popescu: and sprained his thumb
mircea_popescu: this time he was tryhing something new
jurov: don't tell me you fapped hard and spranied wrist again :)
deadweasel_work: it's in the queue.
deadweasel_work: my underwear is in tatters: 1GdtkZzhZTzBssUq6bnE27cz4rv5SJ4sr5
mircea_popescu: i was just there in case they needed money to replace destroyed underwear etc.
jurov: you forgot you filmed them?
jurov: how does that follow?
mircea_popescu: worse than satan penis. now people think i'm going senile.
mircea_popescu: only to immediately realise that a. yes it is, b. they're getting banged and c. that's actually when you were there.
mircea_popescu: that awkward moment when you're watching a vid of some girls going down some stairs and exlaim "wait a second, this is that hotel in belgrade"
Diablo-D3: the only proper response to that is "I was thinking how your mom fits mine perfectly"
jcpham: "excuse me, were you thinking about dicks just now?"
jcpham: this one time i was sitting around this campfire