941200+ entries in 0.663s
mjr_: which is why all
the other gambling sites are
there
too
mjr_: and ireland doesn't have
that
tiberiusiv: the farmer is licensed
to sell it
to me
mjr_: unless
there is legislation STOPPING you
mjr_: under what license are you allowed
to buy milk?
tiberiusiv: mjr_: second off it doesnt matter if satoshidice is in ireland,
they have no gaming license
to make
them legal in ANY jurisdiction.
tiberiusiv: mjr: i dont have
to keep going,
the market is indicating a 30% dividend for a reason, if it was safe
the price of satoshi would be 2-3x what it is now.
tiberiusiv: 2) hes also a memeber of
the "cash in" service bitinstant
mjr_: and
that is a very small window
tiberiusiv: and
the dividend yield would be in
the single digits.
mjr_: ie.
the 87% of
the company which
they own
mjr_: they are simply passing
through most of
THEIR profits
to most of
their stakeholders
tiberiusiv: mjr:
the market is saying satoshi dice is risky
mjr_: that is only if bitcoins are regulated in gambling, which no one has said
they are so far
mjr_: that aint
the whole world
tiberiusiv: of course it will have
the highest payouts
mjr_: in
the case
that aliens land on earth...
ThickAsThieves: "In
the case where VirtEx is bought out by another company or VirtEx pays a dividend
to its shareholders, Bitcoin shareholders will get paid in Bitcoin at
the Canadian dollar equivalent rate using
the best market prices at
the
time"
tiberiusiv: thickasthieves: yes because volumes have increased only in
the last 3months
ThickAsThieves: "To date all revenues have been used for business and website development, legal fees, computer hardware and marketing. All available capital is being used
to grow
the company and complete
the business plan items."
mjr_: i don't want
to sell
mjr_: is
that if i believe in
the company
tiberiusiv: nobody else cashes out as fast as
they do so far in north america
mjr_: but i'm sure
they will do well
tiberiusiv: collecting at least 2% of
that for
themselves
mjr_: and haven't looked into
them
tiberiusiv: ca virtex
traded $800k in
the last week
mjr_: but
that is how you would
turn
that revenue not into profit
mjr_: i don't know
their profit
tiberiusiv: how do
they have 0 profit when hes collecting 2-3% off of $150k a day?
tiberiusiv: thickasthieves: cavirtex has better
transparency
then anything out
there so far imo, his statements have
to be audited by multiple 3rd parties
ThickAsThieves: i'll skip
to you
telling me how
there's not as much risk as one might
think
gribble: thestringpuller was last seen in #bitcoin-assets 6 minutes and 42 seconds ago: <thestringpuller>
ThickAsThieves: could you gift me Kerbel Space Program
ThickAsThieves: just addressing
that
things have
to dip pretty damn low
to be worth
the risk of sitting on fiat
ThickAsThieves: but how long was his fiat sitting
there waiting for
that lost opportunity
smickles: and i
think bugpowder said he missed
the bottom by .20 usd
smickles: mjr_: also, i caught
that. and it reminded me of
the video of
the guy who recorded
the crash from 30
to 0 which was eventually rolled back due
to it being caused by a hack
mjr_: they'll be like "it used
to be 65???"
mjr_: we'll be
telling young kids in years about when it used
to jump
ten points
mjr_: bunch of people working on bringing more efficiency
to
the market
mjr_: but damn it is fun
to watch
mjr_: especially if you were leveraged 5
to 1 on bitfinex
mjr_: easy way
to make a shit
ton of money if you caught
that bottom...
mjr_: smickles: here is something funny
to watch
though
mjr_: ThickAsThieves:
those estimates won't mean anything
till we get a bigger sample size
gribble: Next difficulty estimate | 7882079.03307 based on data since last change | 7826894.02138 based on data for last
three days
gribble: BTCUSD
ticker | Best bid: 70.59701, Best ask: 70.98000, Bid-ask spread: 0.38299, Last
trade: 70.98000, 24 hour volume: 46477.06384271, 24 hour low: 60.37000, 24 hour high: 71.43825, 24 hour vwap: 66.26052
mjr_: but not only is
there volatility...its also volatility of volume and size
mjr_: and
they can move
the price dollars up or down
mjr_: only a handful of really big
traders
mjr_: how does a chart possibly
tell me someone is going
to unload a half a mill cuz
they decided
to buy a house
mjr_: simple point is
that just cuz it did
that .5 seconds ago, means jack shit
to what it does in
the next .5 seconds...especially when you have such a small sample size
smickles: mjr_: where you around back when someone claimed
to have spotted a head and shoulders int
the btc/usd price a while ago? it became a small meme when someone else colored it like batman
mjr_: i mean
that guy not you by
the way
mjr_: and yeah, you can retrofit any
theory
to back up your chart patterns...at
the beginning of a "head and shoulders" very few can successfully call
the head and shoulders...you see it after it has happened
mjr_: smickles: yeah, it is a beast of a
truck
smickles: see my refutation using actual studies
to back it up
smickles: jeez,
that
thing
tears
the fuck out of
the land
mjr_: only a few military grade
trucks could outperform you...and
they wouldn't look as cool :)
mjr_: speaking of which, anyone seen
the 6 wheel mercedes g-wagon?
KRS1: this is a great link
thanks smickles
mjr_: none of
these mean
that it HAS
to go up...any guy who wants
to buy himself a nice car could drop
the price signifigantly
mjr_: coinbase seems
to be quite fucked in fulfilling demand
mjr_: they aint going
there
to sell i bet
mjr_: 5500 accounts waiting
to open ongox
KRS1: which point
to high volitility but overall health
wao: mjr_: downloading rogue
trader
mjr_: this aint a market like
that
mjr_: in an efficient market, with a lot of liquidity, you would see
the jump in difficulty priced in
KRS1: thanks ill
take from
that and
try
to grasp it
mjr_: i haven't really sold at all...but i have a price
target
that i want
to hit by 2014
mjr_: i'm just
thinking out loud
mjr_: that should go back
to around 10
mjr_: think
the miners were doing a block every 6-7 minutes
mjr_: that SHOULD
tamp down on
the supply flowing in
mjr_: we are down from
the high...
mjr_: what
tells you it should be going down by now?
KRS1: market price on mt gox makes no sense
to me..everything i know about markets
tells me it should have been going down by now. i'm not an expert by anymeans however.
mjr_: its an amazing
trading movie