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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
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
Namworld: not without complaining
to
the right person
gribble: There are currently 56594480 bitcoins demanded at or over 0.0 USD, worth 11572274.4877 USD in
total. | Data vintage: 0.0086 seconds
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
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.
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
pgp: so, extrpolate into
the future - how does
the mining shit play out?
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 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"
mircea_popescu: sounds a lot like
the internet is not like a
truck argument.
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"
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"
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
joecool: i wonder if he lives under a bridge, i notice
there's a bridge in
the background behind him
Bugpowder: Wow. I never actually watched Max. He really looks and sounds like a
troll.
jborkl: well a block just went
through, still over 5000
jborkl: holy shit, you see unconfirmed
transactions
jurov: that's
there, in fine print
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.
jurov: where? i so want
to
troll
them
that i paid for special broker license
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."
jurov: don't
tell me you fapped hard and spranied wrist again :)
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