935600+ entries in 0.676s

gwillen: mircea_popescu: ok, show us your math
that says
they already spent all
the money,
then
OneMiner: mircea_popescu Hence
their scramble I guess. But
they made
the chips one way or
the other so
the large initial expense is done with. It will likely cost
them less
to produce a revised board.
mircea_popescu: from whatever i can foggily remember about managing ops, if you start a project
to do X and you do X/2
gribble: BTCUSD
ticker | Best bid: 88.70001, Best ask: 88.97000, Bid-ask spread: 0.26999, Last
trade: 88.99000, 24 hour volume: 156606.63389529, 24 hour low: 75.00111, 24 hour high: 94.75000, 24 hour vwap: 86.60949
mircea_popescu: and moreover
that people have on
the net been cancelling
gwillen: mircea_popescu: unless you have inside knowledge about BFL's costs
that you should share with
the rest of us
mircea_popescu: OneMiner my intel says people sent
them a lot of btc back when, and
that people have not been sending more
Chaang-Noi: getting one of
the first shipped, even at 40 ghs will still be hella good
OneMiner: mircea_popescu People sent
them (and are still sending
them) bajillions of bitcoins. If
they kept any
that's where
the money comes from.
mircea_popescu: either i'm
the only one with a calculator on my os or else wtf is going on here.
gwillen: mircea_popescu: errr, with
the fucktons and fucktons of preorder money?
Chaang-Noi: even
though i now have bought a bfl 60 ghs i
think
this mess is lulz
gwillen: mircea_popescu:
this just means
they will fulfill fewer
than we
thought
gwillen: mircea_popescu:
they are still making more
gwillen: mircea_popescu:
they do not currently have anywhere near
the number of chips required
to fulfill all preorders
bugpowderr: I imagine
the chips are
the limiting factor
mircea_popescu: if we go with
the
theory
that
they're not just halucianting
the entire episode.
OneMiner: It's not a money maker.
They send more units
to fill one order.
They screwed up
the chips or
the board.
gwillen: mircea_popescu:
they will be forced
to manufacture more units
than
they
thought
gwillen: mircea_popescu:
they didn't like, manufacture 1000 and
then stop
bugpowderr: They reduce
the number of chips per unit
gwillen: mircea_popescu:
they are manufacturing
them
Diablo-D3: just changing
the firmware out with one
that clocks it higher
Diablo-D3: and
then keep selling
the same units over and over
Diablo-D3: sell intentionally
throttled units
OneMiner: At a higher power consumption per hash. Yes,
that's how I read it
too.
mircea_popescu: OneMiner but
they ALSO say
that if you want delivery now
they will deliver your hash
OneMiner: No,
they are saying
that
they get worse H/j now and you can wait for
the claimed H/j revised unit.
mircea_popescu: but i
tell you if you want 400
teats with your 100 cows i'll send you 400 cows
mircea_popescu: you order 100 cows from me. i discover
the cows i have only carry one
teat
mircea_popescu: now
they have
to
throtle units... and yet
they can still deliver
the same hash ?
OneMiner: Ya, sounds like
their chips are crap compared
to
their claims.
mircea_popescu: "If you'd rather have your units shipped regardless of increased power usage, we will still guarantee your hashrate by shipping you however many units are required
to achieve your purchased hashrate."
mircea_popescu: bfl's "your good friend
tom with blood sweat and
tears" moment ?
gribble: Next difficulty estimate | 7232519.52401 based on data since last change | 7654236.09946 based on data for last
three days
OneMiner: Everybody knows
that
the US will bomb
the poop out of just about anybody. Also
the US is allied with like, half
the world.
OneMiner: That was a supprise attack.
They
thought
they had
time.
They could have walked back or negotiated. But Brittish attack craft had longer range
than
they
thought.
Diablo-D3: no, falklands really is
too stupid for reality
gribble: BTCUSD
ticker | Best bid: 88.20001, Best ask: 88.60228, Bid-ask spread: 0.40227, Last
trade: 88.60228, 24 hour volume: 156712.79134942, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.64491
OneMiner: It could be a good fight if it happened.
That ruling family seems
to be worse
than all
that BS in Iraq.
ThickAsThieves: ignorance, inexperience, bravado, what have you,
the boy will seek a spanking
OneMiner: But even
the, it's not stupidity we are
talking about.
That would fall under madness.
OneMiner: I don't
think it's going
to happen. It's just
too stupid for reality.
ThickAsThieves: it's like something out of cartoon, fat spoiled boy leader wants
to fight
gribble: BTCUSD
ticker | Best bid: 88.02000, Best ask: 88.89000, Bid-ask spread: 0.87000, Last
trade: 88.00800, 24 hour volume: 156726.97399353, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.66077
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assbot: Last
trade for S.DICE on MPEX was at 0.00419995 BTC [+]
assbot: Last
trade for VTX on HAVELOCK was at 0.479 BTC [+]
gribble: BTCUSD
ticker | Best bid: 89.70000, Best ask: 90.20000, Bid-ask spread: 0.50000, Last
trade: 89.70000, 24 hour volume: 155011.66271357, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.70834
mircea_popescu: in other words, i recall
them since
they were wee famished
tykes.
jcpham: just say no
to rape mircea_popescu
mircea_popescu: i guess it's difficult
to figure out what's important as a journalist.
gribble: smickles was last seen in #bitcoin-assets 9 hours, 36 minutes, and 14 seconds ago: <smickles> you can look forward
to stuff like
that
gribble: BTCUSD
ticker | Best bid: 88.90001, Best ask: 88.91605, Bid-ask spread: 0.01604, Last
trade: 88.90001, 24 hour volume: 154552.79615475, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.73328
gribble: BTCUSD
ticker | Best bid: 88.81000, Best ask: 89.70000, Bid-ask spread: 0.89000, Last
trade: 89.80000, 24 hour volume: 154276.06858765, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.73206
Chaang-Noi: it is more often
than not correct (assuming im not
trading)
Chaang-Noi: yeah, i said i was guessing, just what my gut
tells me what will happen :/
mircea_popescu: truth of
the matter is nobody has a fucking clue where we're headed.
jurov: oh noes,
tibby. getting afk
to prevent another wasted afternoon xD
Chaang-Noi: mp i kind
think it will go up after it goes down, as long as
the down is not
too far down
jurov: haha now i seriously consider
to pay deprived
to make me such analysis
jurov: it also depends how many unexercised mpoe calls are
there..having potential
to flood market with cash
mircea_popescu: so basically you expect it
to go up unless it goes down ?
Chaang-Noi: i kinda expect next
tuesday
to smash
the 100 assuming we dont massivly correct before
then
Chaang-Noi: jurov i
think some day
traders are getting out of it for
the long weekend
gribble: BTCUSD
ticker | Best bid: 88.97000, Best ask: 89.00000, Bid-ask spread: 0.03000, Last
trade: 89.00000, 24 hour volume: 150244.81237909, 24 hour low: 75.00111, 24 hour high: 94.99000, 24 hour vwap: 86.73526
mircea_popescu: i met a few when i was doing
that myself, so it's certainly not "nobody"