log☇︎
944500+ entries in 0.56s
mircea_popescu: and now you're fucking them over.
mircea_popescu: this is the crux of the issue. community gave you teh equity,
mircea_popescu: and once they were built they jacked the price 5x
pigeons: they went to the forum said give us money and we'll build some asics then they built them
midnightmagic: mircea_popescu: I'm misrepresenting that you often draw conclusions from insufficient evidence?
mircea_popescu: how did avalon get their money to start this business ?
mircea_popescu: midnightmagic you're misrepresenting the issue by clinging to this sidepoint.
pigeons: your really misinformed on this one mircea_popescu
mircea_popescu: the appearing/dissapearing mystery miner people kept thinking was asicminer ?
midnightmagic: mircea_popescu: If that is, indeed, what he's done, that sucks. I don't see any evidence for them mining their own hardware (difficulty spiked only on delivery as per users self-reporting,) but then you tend to jump to conclusions a lot (as per your assertion that gmaxwell wanted to steal rich peoples' money, because you didn't grok multisig, for example,) so why let the lack of facts get in the way this time?
mircea_popescu: what'd it take ?
pigeons: gonna have to have more than that
pigeons: seriously, someone reported dust means they mined when the evidence seems to show they didnt
pigeons: midnightmagic: i mean when avalon said that batch 1 had shipped please pay for batch 2 and 2 weeks later they said ok now we're shipping batch 1 i guess they werent caught at customs like we said
pigeons: mircea_popescu: omg dust inside. where are you getting they mined with them. doesnt seem they did
mircea_popescu: granted, i don't go by the very superficial approach most people seem to use.
mircea_popescu: that's to my eyes major unethical stuff.
dub: giving dates when he knows they wont be met
midnightmagic: pigeons: Do you mean the fact that they're still not done the B1 shipments?
mircea_popescu: well pigeons, something like this basically : "Avalon took interest-free fiat-denominated loans from silly white westerner peoples, built their rigs, used them to mine a little (as people were reporting dust inside their units upon delivery) and eventually decided to not deliver at all anymore, just keep the miners and mine for themselves."
pigeons: wait what did he do unethical? The thing I'm aware of is lying about having shipped when they hadn't
mircea_popescu: so you still view him as "one of the most ethical businesspeople I’ve seen in a long time" ?
midnightmagic: Or is it that when someone else makes money, you have a problem with that?
midnightmagic: I don't really care that he's upped the price. With a machine that pays for itself in less than 5 days (with luck) why would he not?
midnightmagic: He reversed designs of BFL and gave the information to the public. This is the evidence on which I based my opinion that he was the most ethical hardware manufacturer.
mircea_popescu: because his devilish little plan was to get a bunch of people to vouch for him.
midnightmagic: He refused to allow mass-purchase of his designs, and when he took preorders for Avalon, he refused to allow single parties to buy up the entire stock.
midnightmagic: Indeed. ngzhang's Icarus designs were available to anyone, including open-sourced fpga bitstream, pcb layouts, BOM, and supporting software.
mircea_popescu: but irrespective, how's the ngzhang integrometer these days ?
midnightmagic: Oh did you ask me questions that I never answered?
mircea_popescu: you get 5 free a week, iirc, so you can take solace in the fact that the articles quoting you are free. it's the others that go ten to the penny.
midnightmagic: What's the refresh rate again? A week?
midnightmagic: Did you quote me again in a paid article this time?
pigeons: that's not going to get you your coffee in canada invitation re extended
mircea_popescu: ;;rate midnightmagic 1 Means well, tries hard but mostly fails. Also http://trilema.com/2013/in-which-we-aspersor/
gribble: BTCUSD ticker | Best bid: 65.80000, Best ask: 65.89999, Bid-ask spread: 0.09999, Last trade: 65.80000, 24 hour volume: 91806.08215649, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.68307
jcpham: i can't listen anything that person says
jcpham: if usagi from the forum is the person from the youtube video i was watching
pigeons: "You strike me as someone who has the sight. So. Buy a little today, buy a little tomorrow.
pigeons: "No one knows where the price is going next week or next month but if you have vision, you can predict what is going to happen next. "
mircea_popescu: pigeons that issue has been hotly debated since last year
pigeons: i used to think usagi was just stupid, but this sounds evil
pigeons: wow thats just insane
pigeons: yeah thats for people who use banks
toffoo: they have ACH withdrawal too
pigeons: yeah i used them saw the writing on the wall a few weeks ago when their one usd withdraw method, aurumxchange vouchx wouldnt work because they didnt have any reserves with aurum anymore
gribble: BTCUSD ticker | Best bid: 65.50101, Best ask: 65.89890, Bid-ask spread: 0.39789, Last trade: 65.50101, 24 hour volume: 91900.48970900, 24 hour low: 57.70200, 24 hour high: 66.00000, 24 hour vwap: 62.67167
mircea_popescu: bitme is gone if anyone was using them
jcpham: [\\\] thanks you've turned my world upside down
jcpham: whats this japanese obsession
mircea_popescu: In the Big Rock Candy Mountains."
mircea_popescu: I've hiked and hiked till my feet are sore
mircea_popescu: I've hiked and hiked and wandered too,
mircea_popescu: And said to the jocker, "Sandy,
Diablo-D3: come on, Gandalf, we're going to mount gox!
mircea_popescu: it's behing the candy rock mountains.
Diablo-D3: mircea_popescu: I MUST FIND THIS PLACE
mircea_popescu: Diablo-D3 they bounce of off tits
pigeons: yes the backnet
Diablo-D3: can I go there?
Diablo-D3: where is this place where bitcoins are circlulated/stored?
mircea_popescu: This is working as of March 19th 2013 and if you wish to double you can simply send any whole amount to bitcoin address:
mircea_popescu: for BOTH receiver and sender to certain bitcoin rcv address programmed into the algorithm."
mircea_popescu: "For those of you that are aware of the digital currency Bitcoin: There has been discovered an exploit that utilizes a series of computers on an "isolated from the internet" back-network that participates in intercepting the data stream where the bitcoins are circulated/stored. The backnet of PC's run a series of algorithms that have the net effect of doubling the bitcoin amount sent to certain addresses. This happens
Diablo-D3: Tesla, Son of God, Lord of the Cosmos, Savior of Science, etc etc probably built those in his sleep
mircea_popescu: and while some on the forum may stil lhave a little btc left, traffic is a diff matter.
jcpham: i want one of those cars
mircea_popescu: kakobrekla fact is ref only works if you have traffic
Diablo-D3: not Tesla, Son of God
Diablo-D3: no, I mean Tesla Motors
jcpham: this seems very much tied to tesla voodoo
Diablo-D3: it'd double their runtime in their cars
Diablo-D3: but imagine if Tesla had access to a 99+% efficient motor
jcpham: they keep going back to that freaking chart
jcpham: and the explanation makes no sense to me
Diablo-D3: I wish all motors, dc converters, and generators were that efficient
jcpham: because the two are related
jcpham: to the torroids and the motor windings
jcpham: i'm really trying to understand the jump from the bullshit charts
Diablo-D3: they get like 99+% efficiency and think its overunity
Diablo-D3: jcpham: all they end up doing is inventing hyperefficient motors, generators, and other shit like that
Diablo-D3: jcpham: theres been a lot of people who've tried that
mircea_popescu: it's been advertised multiple places on the forum tho
Diablo-D3: jcpham: Im thinking it has a large amount of bullshit or it depends on a function of quantum physics _no one_ understands
kakobrekla: mircea_popescu well its burried on the bottom of the faq
Diablo-D3: OH THAT GUY
pigeons: these tedtalks are better than the real oness
mircea_popescu: obviously bitbet absent. amusingly, i imagine it's paid a good chunk of total referals ever paid in btc
Diablo-D3: jcpham: yeah, but when do they start thinking with porals?
pigeons: how do you tell youtube to give you html5
jcpham: engineers were not thinking fractals in the 40's
kakobrekla: ohh now i can finally asseble my timeflux capacitor
Diablo-D3: even the highly theoretical stuff might be commercial in the next 20-30 years
Diablo-D3: now, presumably, it really is all true
jcpham: i've enjoyed a good many of the talks
Diablo-D3: its meant to make you think again
Diablo-D3: TED is neither true or not true
jcpham: well they called it bullshit
Diablo-D3: I really should subscribe to TED
Diablo-D3: jcpham: TED is pretty neat isnt it