936000+ entries in 0.661s
MJR_III: i'm like...oh in
that case nevermind
MJR_III: i know you guys
think you will get rich but be aware most people only make slightly under 400k a year
MJR_III: i was reading an article about hedge fund guys, and
that was
the cautionary
tale
MJR_III: but
the average hedge fund manager makes ONLY 375k
MJR_III: but it is a common saying among
those guys
that
they wouldn't roll out of bed for what lloyd blankfein makes
copumpkin: MJR_III: I
think paulson made 4.8 one year
MJR_III: for
the hedge fund manager
copumpkin: but
there are HF managers who have made
that much on good years, if you assume 40-hour work weeks and
the like
smickles: MJR_III: i'm sure you could get a good idea from
the data out
there now.
the main
thing would be wether or not
there will come some outside influence on
their operations
copumpkin: (of high earners,
to put it lightly)
copumpkin: did you guys know
that
there's a million-dollar-an-hour club?
MJR_III: would like
to come up with a realistic valuation
MJR_III: smickles: it's kind of hard
to do some financial analysis of sdice right now right? we don't have a full year of data...
Diablo-D3: and its clear copumpkin is a fan of
the source material
MJR_III: i mostly
think
that it is necessary for
the price
to get
to
that level so we can start doing real institutional stuff
smickles: the laptop i bought with btc at
the begining of
this week is named "btc9001"
Diablo-D3: I just need enough money
to start DMC
Diablo-D3: I wish BTC would get
to $1000 already
Chaang-Noi: last night i bet it was
thicker
than what it is now,
that is a massive sell off
MJR_III: copumpkin: do
the iphone guys use freenode?
smickles: Chaang-Noi: yeah, gox
traders didn't even react for 5 min or so
gribble: There are currently 43668.029 bitcoins demanded at or over 75.0 USD, worth 3431186.42875 USD in
total. | Data vintage: 45.9326 seconds
MJR_III: i literally don't even know why someone would do
that
Chaang-Noi: i mean
the one last night,
the huge harket sell order
gribble: There are currently 0 bitcoins offered at or under 75.0 USD, worth 0.0 USD in
total. | Data vintage: 0.0019 seconds
Chaang-Noi: anyone one know
the volume on
the sale
to 75 off hand?
thanks
copumpkin: tiberiusiv: "case in point" is
the idiom
MJR_III: the funniest
thing, and
this is a
testament
to
the average americans intelligence regarding finance, is
that people get excited when
they get
their own money back
smickles: oh, ya know, i have like 30k carry-over from my rental property. I'm not going
to pay fed. income
tax unless i do a lot better
MJR_III: smickles: even if you are poor...they still
take it out and you have
to file
to get it back right?
KRS1: <- off
to do something productive
MJR_III: KRS1: come join on us on
the ignoring
tiberiusiv side, its really great
copumpkin: so even
those
that don't pay income
tax pay payroll
tax
KRS1: smickles,
this im wasting my
time aren't I
smickles: KRS1:
tiberiusiv wouldn't count an interest free, manditory loan as a
tax
smickles: i
think a lot do, but
they don't have
to
KRS1: Many do not have a choice, it comes out of
their paychecks.
KRS1: tiberiusiv: you don't seem like you know what you are
talking about when you say majority of Americans don't pay income
taxes.
smickles: this'll be
the first year i have
to pay fed. income
tax, unless i'm mistaken
copumpkin: it really makes a huge difference
that
those $1700 are
taxed not at 33%, not at 39.6%, but at 35% exactly
Chaang-Noi: smickles yeah, a bit sad, what was
the vol on
that sale?
MJR_III: do
they have capital gains and such? wonder if cavirtex will report
MJR_III: wonder how
they will handle it up in canada
MJR_III: smickles:
this is US
taxes right?
smickles: MJR_III: well, i declared some last year, and i've already bought some
things with it
this yeear, so yeah, i
think i'll declare it
MJR_III: our wealth is determined by our level of agreement with
tiberiusiv
MJR_III: that is how
the
tax code works
copumpkin: I disagreed with
tiberiusiv so I'm clearly in
the 10% bracket
copumpkin: smickles: omg you entered
the 15% rate bracket?
smickles: too much short
term capital gains
smickles: i may be poor, but i
think i've gone into
the next
tax bracket
MJR_III: but got distracted and didn't come back
till
this january
MJR_III: yeah i started playing around with it back in 11...trying
to do an fpga miner
smickles: Chaang-Noi:
the ice melted around your champagne, didn't it?
copumpkin: Chaang-Noi:
tell
tiberiusiv how much money we lost!
MJR_III: but we still had
to worry about "bricking" and manually creating symlinks
MJR_III: never did any dev stuff
there
gribble: There are currently 9039.4257 bitcoins offered at or under 95.0 USD, worth 849457.810281 USD in
total. | Data vintage: 236.5691 seconds
MJR_III: i jailbroke
the first iphone on 1.0x
copumpkin: I
think last real iphone work I did was 2009/10?
MJR_III: but i definitely recognize
that handle
copumpkin: haven't done anything related
to it in years
though, really
Chaang-Noi: since sell off
to 75, what was
that a 50,000 coin market order?
MJR_III: well
the whole devteam really
MJR_III: but wasn't sure, but i've been a big fan of your work for a long
time
smickles: tiberiusiv: what do you
think of
the futures offerd by icbit?
copumpkin: maybe he'll be more amenable
to it now
copumpkin: tiberiusiv: how do you know
they don't realize
this?
MJR_III: i wish cydia would
take btc
MJR_III: copumpkin: you didn't answer
though, are you
the iphone jailbreaker?
MJR_III: copumpkin: has he gotten onto
the regulatory dead horse now?
copumpkin: yes, but do you know
that
they havne't had
to deal with
that shit?
copumpkin: I haven't looked into
the regulations surrounding issuing credit for short selling
MJR_III: for example if you had a relationship between
those
two exchanges...all arb would go away as
they both equalize
MJR_III: copumpkin: i meant if you singular could do
that...not you as in everyone
copumpkin: MJR_III: if you could move money instantly,
there would be very little
to arb in
the first place
MJR_III: the good part of selling on bitfloor is
that you can get a liquidity rebate
MJR_III: you can watch other markets
to see where general sentiment is going
copumpkin: tiberiusiv: I suggest
that you approach
things a bit more open-mindedly in future
though, and don't just write off anyone who disagrees with you as poor, young, stupid, or otherwise unworthy of
talking
bgupta: sure… if you are a an oracle and know which way
things will go and aren't
trying
to influence
the market with your
trades.
copumpkin: tiberiusiv: I know
the default rates are high
smickles: took 5 min or so for
the
traders on gox
to even start
to react
smickles: bgupta: actually,
this recent fun was started by a 700 btc sale on btce
MJR_III: but, you can also go
to bitfinex's own book