958500+ entries in 0.635s
midnightmagic: dub: Much of
the literature usually cited
to conclude such
things has been
thoroughly debunked, so perhaps someday when you're willing
to cite, after making such assertions, I'd be glad
to read and evaluate such studies.
kakobrekla: Those funds were invested
through some chinese partners of mine in asic equipment.
kakobrekla: During
the BDT experience, because i was very concerned about
the high interest bond and
the lack of supporting high revenues i've made
the decision (unethical, possibly illegal)
to repurpose some of
the funds raised with
the IPO.
dub: midnightmagic: I don't really have
time
to go
through
this,
there is quite a bit of literature out
there
midnightmagic: dub: Is it now. I'm.. glad you're paying such close attention
to my activity
that you
think you have me pegged.
dub: midnightmagic: you're gettign
there, its par for
the course with you (you'd make a
terrible anthropologist)
dub: anyway, if you remove any racist overtones you have automatically inferred, it explains a lot about
the comms we've seen from avalon and asicminer
midnightmagic: dub: I'm at a loss here
to meaningfully discuss
this with you. I don't know where
to start. If you're serious, I'm fairly sure we are so alien
that
there is basically no common ground on which
to meaningfully converse for
this
topic.
dub: you are far
too empathetic for one
dub: we'll I don't but based on past discussions I
think its rather unlikely
dub: I hear
there are a couple up your way
dub: im not,
try meeting some chinese people
midnightmagic: If you're jerking my chain, your delivery is
too dry.
dub: this is a genetic/language
thing
thats been done
to death
dub: anyway, being chinese decreases ones ability
to
think strategically and reason counterfactually
dub: pitty
they're not 'here are
the
tracking numbers' people
though really
midnightmagic: dub: Also
the latest update, "Rest of
the units will have been shipped by around Mar 10, everyone should have batch #1 in hand by about mid-March" people.
midnightmagic: dub:
The "we shipped and
they're sitting in customs at
the beginning of CNY." and also , "Geez, with all
this negativity, maybe we'll just be quiet until
there's actually something
to
talk about." guys..
dub: midnightmagic:
this is
the
the same dude involved in avalon right?
the 'we shipped' guy
mircea_popescu: there's plenty of scummy americans, iranians,
turks and eskimos in
this world
dub: lets deal with
teh first question, my mind is somewhat boggling
midnightmagic: dub: And yet ngzhang is one of
the most ethical businesspeople I've seen in a long
time.
mircea_popescu: but so far my belief is
they just don't understand finance
midnightmagic: Or if you begin
to make observations
that suggest it is not pure ignorance.
midnightmagic: mircea_popescu: I would be very interested
to hear from you if you discover
that
they aren't just clueless, but seemingly deliberately clueless.
mircea_popescu: tho its quite possible
they're ill intended
too, sure.
mircea_popescu: midnightmagic well, i don't know
the whole
thing, but from
this angle it looks more like
they're clueless/haven't been
thinking
things
through/haven't slept in weeks
midnightmagic: mircea_popescu: You mentioned earlier
that
they are behaving fraudulently-like..
This is permeating more
than just
the way
they are handling
their stocks, but elsewhere as well, and it's
troubling because unethical people in
their position, could conceivably have done a much larger order
to start with
than what
they are reporting, and
the attraction of doing double-spends is quite large if, indeed,
the evidence is correct when
dub: customs can
test for bombliness
dub: its a computer, we have been shipping
these around
the place for a wee while now
dub: why is it a mess
to export?
midnightmagic: mircea_popescu: You are beginning
to see some of
the strange contradictory nature of
the asicminer people, I
think,
that I've been complaining about for months.
BitHub: customs will probably
take it and start mining
themselves
BitHub: bit of a long shot but would anyone be able
to help me out and send one of
those
to Australia?
mircea_popescu: the idea
that you need a permit for stuff is certainly new here
BitHub: better not
touch my pet
tiger
dub: I heard
that on
the radio a few days ago, first
thought 'wonder if mp shows up on irc
today'
dub: mircea_popescu: I
thought it was
teh lion/bear licesning regime
Bowjob: I don't know
the price yet
BitHub: i would sell my car
today and go get one
tomorrow
Bowjob: if its legit, I'll fly over
there
to pick a couple of
them
dub: I recall at least 4 bottles
that where brought from home
dub: theres only $633 worth of whiskey listed here, I don't
think
thats accurate
BitHub: what i want
to bet on
this being a huge fail
BitHub: where can i place a bet
that coinlab will be out of business by end of year?
Bowjob: apparently we have a new ASIC company
that is ready
to ship
dub: I should delve into
this road
trip expenses sheet
mircea_popescu: sooo,
three chicks drank four liters of vodka in
two days.
dub: it
took quite a few moments
to decipher
that I was not actually reading an official bfl blog
mircea_popescu: "drunk whore stumbles into wallstreet bar, announces she's brining
the clap
to wall street"
pigeons: we brought bitcoin
to wall street in silicon valley
mircea_popescu: nah, coinlab is
the shining example of how
to fail at pr.
dub: they should be held up as a shining example of how
to fail at pr
pigeons: yeah as btc was going up, ltc was going down
to
track
the dollar and stay at .07 usd rather
than stay at a ratio
to btc
dub: sound slike something
to do with selling shares
Eduard_Munteanu: IDK, getting listed should've been negotiated even before
the IPO, in my opinion. People have
to have some way
to buy / sell
those stocks easily.
mircea_popescu: i'm saying
they're either
through sheer incompetence, sheer lack of resources or by actually being frauds behave just like a fraud would.
Eduard_Munteanu: You're saying
they're intentionally delaying listing on MPEx?
mircea_popescu: Ukto, burnside and whoever else involved gets scammer
tags ? or what ?
mircea_popescu: now what happens if six months down
the road friedcat pulls a gigavps ?
mircea_popescu: instead
they're waiting for btct/bf/others run passthroughs
mircea_popescu: so
they're pointedly not coming
to be listed on mpex, jump
through
the hoops and get my ok.
mircea_popescu: the way asicminer is playing
this game makes me scratch my head.
mircea_popescu: if you can do it automatically like
topace is
trying you necessarily can do it manually
too
Eduard_Munteanu: Not sure about OTC
trading, but presumably you could do it manually somehow.
Eduard_Munteanu: mircea_popescu: yes. And committing changes
to
the blockchain periodically.
The exchange is still pretty important, but at least you can move stuff between exchanges in a standard way.
mircea_popescu: kakobrekla unless
the sqrt log guy has a better solution, i
think you're spot on.
Eduard_Munteanu: mircea_popescu: I see
the problem. Still, wouldn't an exchange / market-maker be able
to eliminate all
those delays for
things
traded within
the exchange? Not sure how one'd deal with double spending if you don't wait for confirmations.
BitHub: so
they're losing money each month?
mircea_popescu: who was saying
they've eaten up
their market earlier ?
they had a point it seems
mircea_popescu: Bitcoin pride averages a 70% profit. Don't you want a piece of
the pie
too?
mircea_popescu: (Selling was halted during
the month of Feb.
to change payment methods.)