935700+ entries in 0.604s
mircea_popescu: look at people like
tiberiusiv, ranting about how bad
the world is.
there's about one million
towns on
the globe nobody's heard of
Namworld: Well after a month of good
trades, it's
time for me
to go. I'll be retiring for
the weekend
to visit family as well as friends.
mircea_popescu: if
they indeed wanted
to do it
tho,
they'd have went
to haiti after
the quake
ThickAsThieves: people do love
the fantasy of living in post-apocalyptic situations
mircea_popescu: i mean...
this makes for good action flicks, because a rule of storytelling is
to concentrate attention
ThickAsThieves: it's an interesting notion if you
think of bitcoin as an ultimate anarchistic plot
to reset
the economy
mircea_popescu: and
then going nya nya. dude... you're STILL on
the conveyor belt
mircea_popescu: it's like
the chickens on
the conveyor belt
telling
the chickens attempting
to escape
that "they can't"
mircea_popescu: on
the net
this'll make for some sexually satisfied women and a general slowdown of economic activity.
mircea_popescu: people like me, who are currently productively employed, would jsut go fuck
this and retire
to private life
mircea_popescu: obviously if you stick
to valuing
things in bitcoin
they'll increase apparently, but only because bitcoin itself is going down
mircea_popescu: conversely, fiat has absolutely no value. consequently, as bitcoin's shortcomings bercome apparent
there's nothing pushing
the price up.
mircea_popescu: see,
thing is : bitcoin's value was pretty huge compared
to fiat (all fiat
together)
ThickAsThieves: what would happen if bitcoin really became a MAJOR safe haven for money in a short
time, and
then somehow, all bitcoins disappeared and/or
the blockchain became irreparablely corrupted? I guess fiat would skyrocket in value?
mircea_popescu: i
thought it was pretty much a sensible move, back
then
ThickAsThieves: i
thought it was a neat idea, but didnt really follow
the details at all
ThickAsThieves: a little over my head, out of my country, but are
they simply saying "fyi, your money ain't really safe"
Namworld: ok...
this whole
thing is getting ridiculous...
mircea_popescu: Any money held for you in an account with Santander UK plc will be held in its capacity as a bank and not as a
trustee. In accordance with FSA requirements we areobliged
to notify you
that
the client money rules on money do notapply
to a Banking Consolidation Directive (BCD) in relation
to deposits within
the meaning of
the BCD held by
that institution. As a result,
the money will not be held within
the client money r
Chaang-Noi: bought my wife a nice blue saphire ring cuz btc went ovber
the 1 billion mark yesterday:)
Chaang-Noi: but even so, at
the right price, its good
toffoo: looking
to get long hash bonds right before
the difficulty spike?!?
toffoo: not
traded at
the moment, like gigavps .. old GLBSE holdover
Chaang-Noi: toffoo where are
they
traded if not butfunder?
gribble: BTCUSD
ticker | Best bid: 90.96000, Best ask: 91.50000, Bid-ask spread: 0.54000, Last
trade: 90.96000, 24 hour volume: 158643.07292808, 24 hour low: 75.00111, 24 hour high: 95.70000, 24 hour vwap: 87.24783
Chaang-Noi: not old, i mean one of
the first guys who ordered like a year ago
Chaang-Noi: its an old guy who needs cash now so has
to sell it
Chaang-Noi: im buying
the olny slot for sale, sorry man
Chaang-Noi: yeah, im going
to buy but im not going all in :)
Chaang-Noi: think
the average will be up 1000% or less in
the next 10 months?
arij: the diff is going
to go up fast i
think
Chaang-Noi: they have like
the 15th order and its a big one
arij: its either 30gh/s or 60gh/s
then
Chaang-Noi: at 10x
that difficutly it would
take 10 months
Chaang-Noi: my minds is all over
the place, doingto much at one
time
Chaang-Noi: gave my wife 370 btc
today, will be fun
to see how she does with
them
ThickAsThieves: this is when
the buying started again
the past few days
taub: well almost it snapped back
to 92 after
the big downmove
arij: ill be in
the first batch
arij: way
to crush my dreams
Chaang-Noi: andi heard
the bfl staff is
taking 105 of first batch
to mine with, dont have a cource
Chaang-Noi: should have been 6k but
they derped and made it 5k
Chaang-Noi: i might be wrong but i understood it
to be 5k in
the first batch
Chaang-Noi: that might be
true, but first batch is 5k
arij: well
there is
that 1/3
thing
to
Chaang-Noi: iknow a guy who ordered 4 of
the big ass ones in
the first 100 orders
Chaang-Noi: i only expect 250 orders
to get filled
Chaang-Noi: i kinda expect only under #2000
to get filled, if
that
Chaang-Noi: it
takes like 20 chips
to make
the 60 ghs
thing
arij: im in
that first batch :D
Chaang-Noi: 5k chips in
the first batch is what i
thought
arij: wait
they have 500 chips on hand or 5000 chips
ThickAsThieves: why are
these fucking companies so horrible at communications
Chaang-Noi: yeah, im not sure when
they will get
them, but
they only ahve 5k now
Chaang-Noi: they dont have
the 5000 now,
that was
the order size
Chaang-Noi: well maybe
they can, but
they will run out of chips before long
Chaang-Noi: you know
they only have 500 chips right?
Chaang-Noi: TAT
that is not how my maths worked out :/
ThickAsThieves: so maybe say 6800 untis shipped in april, which we'll shave it down
to 5000
to subract for BFL derpness
Chaang-Noi: oh so you mightn ot get in
the first batch
then
arij: and im sure some of
those orders in between are expired
arij: some one did it on
the forums.. not sure where
that post is
though
arij: like i said earlier im cool with it all, ill be happy just
to get my asic soon
arij: those btc i spent
though...
arij: i would expect some compensation
though.. if everyone else gets 60w units and i get sent a 195w unit because i ordered early :/
arij: possibly in
the future