log☇︎
930300+ entries in 0.666s
deadweasely: well, i'm down to whoring for btc since i can't actually buy in anymore on the borked exchanges
deadweasely: and they see my sig
mircea_popescu: prolly will end up having to hiore some ex pron aff manager
deadweasely: i try not to, but i want to spam my ref links now, so i reply to newbs and help them out.
mircea_popescu: i don't read the forum.
deadweasely: you paid me $30 in refs already this mo.
deadweasely: i use the ref link in my sig....
deadweasely: should you have bitbet thread posting the new bets so people see them on recent posts on the forum?
mircea_popescu: the good thing is that people can advertise it to their benefit
deadweasely: mircea_popescu: total armchair criticism here.... does bitbet have too many bets and not enough advertising (not paid necessarily, but maybe new bets are posted in bitcointalk bitbet thread? just talking out my ass here. i like bitbet, big potential there.
assbot: You had the last Philistine. This one's mine.
gribble: BTCUSD ticker | Best bid: 131.10001, Best ask: 132.99693, Bid-ask spread: 1.89692, Last trade: 131.10001, 24 hour volume: 125348.75480664, 24 hour low: 110.00000, 24 hour high: 142.12000, 24 hour vwap: 127.72686
mircea_popescu: fucking dead end, nothing but geeks, no girls want to be there.
mircea_popescu: anyway. some chick that's banging jeff bezos must get him to make a proper asic run.
gwillen: but lower performance than full ASIC
asciilifeform: gwillen: the marketdroids can call a turd a sausage and eat with relish. but we don't have to
gwillen: it's higher performance and cheaper than FPGA
asciilifeform: gwillen: it is an ASIC only in the sense that it isn't field-programmable. But most of the actual circuitry is identical to that of an FPGA
deadweasely: ii wondered that when they offered buybacks...
mircea_popescu: someone could have bet no, taken one apart, proven it and maybe won ~200 btc
mircea_popescu: asciilifeform anyway, there was a huge-ish bet on avalon delivering.
gwillen: which is why they got to market before BFL did :-P
gwillen: I don't think anybody is shocked if Avalon is a HardCopy
asciilifeform: mircea_popescu: I tend to think in the currency I buy food with. Is this really so odd?
mircea_popescu: looking to get banned or something ?
mircea_popescu: your thought process is suspiciously normal.
asciilifeform: but the fact is, a real asic has a 7 figure (USD) tooling cost and hardcopy FPGAs have 4 figure tooling cost.
asciilifeform: well yes, and I can wire a resistor from my garbage can across the power terminals and use 500W
mircea_popescu: i can make you an asic that uses up 500W per chip
mircea_popescu: depends how stupid they are.
asciilifeform: but the watt/hash/hr figure is a smoking gun by itself
mircea_popescu: from strippers to bagels.
asciilifeform: mircea_popescu: mail me one and I'll happily vivisect it and post the result
mircea_popescu: you troll you
deadweasely: nobody dare void their warranty
mircea_popescu: asciilifeform because lazy bums such as yourself haven't taken one apart to prove this.
asciilifeform: deadweasely: it explains the power consumption
mircea_popescu: is this the clock buffers jet injector ?
asciilifeform: why is nobody talking about how Avalon shipped HardCopy FPGAs instead of real ASICs?
jcpham: I guess they cannot fix the power regulator thing
mircea_popescu: this is so far out there...
mircea_popescu: far as i'm concerned the laugh of the year is that after demonstrating a box of fans at that convention, bfl "delivered" to their shill "cumstomer" a board which cools passively.
jcpham: minirigs are out of stock too
mircea_popescu: southpark did it too.
jcpham: oh man these new BFL prices are great
asciilifeform: mircea_popescu: considering what I concluded in that piece, this is hilariously funny
mircea_popescu: an entire life dedicated to hanging as a sheep pregnant with twin lambs
mircea_popescu: it's funny tho, there you go asciilifeform, you're now empuppeted.
mircea_popescu: not more than you are.
asciilifeform: mircea_popescu: yes, that plus https://github.com/Azelphur/pyMPEx (as linked from your manual, actually)
mircea_popescu: jcpham i never tell people what to write
mircea_popescu: Rick___ has trouble with the syntax or something
mircea_popescu: asciilifeform does this gpgtools thing work somehow ?
jcpham: mircea_popescu did you tell this guy what to write
mircea_popescu: anyone here uses a mac to talk to mpex ?
Bugpowder: i remember that review
jcpham: cut the hashrate by %60 because
jcpham: new idea: double the price
asciilifeform: bitesak: http://www.loper-os.org/?p=1108 ("A Review of MPEx, the Bitcoin Stock Exchange.")
bitesak: asciilifeform, can you post link for the 'review of service'?
thestrin1puller: mircea_popescu: you always seem to cheer me up
deadweasely: bitesak: i'd love to, no time, rather use ec2 free instances.
mircea_popescu: bitesak i don't think pi can cope
bitesak: would it be better/easier to run a node on a Raspberry Pi?
deadweasely: i started an instance, never even logged in and they stuck me with $15.01 bill this mo.
mircea_popescu: ya ebay system exists to get more bux
mircea_popescu: prolly not so grand for nodes tho
asciilifeform: bitesak: ec2 has an ebay-like bid system where, if used, your instance only runs when CPU time is available at or below your max bid.
mircea_popescu: a beer sorta thing
bitesak: i would like to do something like that and have my node online. that wouldn't even cost much at all right?
asciilifeform: mircea_popescu: you gave me 1.0, which turned into 1.4. As described in my review of the service.
mircea_popescu: ahahaa wait. how much of that ~3 you made on mpex ?
asciilifeform: deadweasely: although if the price does up 100 fold (but the difficulty somehow remains similar to today's) it will be cash-positive.
asciilifeform: deadweasely: just don't try to mine there
deadweasely: is it possible or advisable to run a node on ec2?
mircea_popescu: and when did content creators start caring about readers, what the fuck is this, soviet russia ?
mircea_popescu: you know that's entirely besides the point
asciilifeform: mircea_popescu: I'm more of an amateur mathematics crackpot than a serious BTC enthusiast. I have ~3 BTC...
mircea_popescu: so start a btc blog, you're clearly more interested in this than that.
asciilifeform: mircea_popescu: you can repackage and post this if you like, the readers of my little computer architecture blog are probably tired of the BTC ramblings...
mircea_popescu: cause you're even too soon-er than the atm stuff.
asciilifeform: and virtually nobody appears to be the least bit interested in my (or anyone else's) ideas for cutting the fiat world out of the loop (I suggested product delivery via dead drops, flying machines, other crackpot nuttery) ☟︎
mircea_popescu: but incidentally, you probably should package and publish this convo, it's too good to go to ircwaste.
mircea_popescu: i doubt this is the case. the uberpressure comes from store of value applications.
asciilifeform: my impression is that the idiot noobs are playing the role of the "stupid money" at online poker tables - keeping the system adequately "pressurized" for real commerce
KRS-1: or currency imo because i dont think the design can handle transactions required of a common currency
mircea_popescu: btc is people moving 10k btc over a nod and a handshake, not 10k noobs putting in 50 bux they "earned online" to "get in on the ground floor" on this "new thing"
asciilifeform: correct me if I'm wrong, but most people who pump fiat into BTC are hoping to use gox in particular at some point to pump it back out
mircea_popescu: what'd happen if california fell into the ocean ?
mircea_popescu: yeah, right, becauyse a whole 50 dollars in reddit tips and another 100 bux in coffe is going away.
asciilifeform: right now, if the legit commerce in BTC gets decreed out of existence, the currency will be on very shaky legs indeed
mircea_popescu: if you're not the weird guy with piss in your fridge you have a much better shot at getting gays accepted in the condo.
mircea_popescu: but see, the way to efficiently fight absurd regulation is by keeping the obnoxious shit to a minimum.
asciilifeform: ok, strike that. "decree-abiding"
mircea_popescu: what, drive on the other side of the road just to be different ?
mircea_popescu: what the hell. law abiding isn't being a whimp, in the vast, overwhelmingly majority of cases.
asciilifeform: I know this is a hard sell, but it seems to me that things like Silk Road are steps in the right direction. Right now, most BTC users are law-abiding wimps who will give up if their gov. so much as sneezes at them. But if you can get organized crime to actually rely on BTC in a serious way, it will be invincible.
mircea_popescu: so far the govt is a coughar in your little corner bar drooling all over you.
asciilifeform: mircea_popescu: I was arguing from the "may as well hang for a sheep as a lamb" angle.
asciilifeform: mircea_popescu: fair enough. If you screw with the "cattle infrastructure" you will Have Problems, whether it breaks any formal law or not.