961700+ entries in 0.722s
BitHub: nothing personal, just complicated
things.
BitHub: i dislike
this whole cashing back out for fiat
tho
BitHub: of course i will share
that infomation later on :)
BitHub: why do you
think i said peso hehe
BitHub: while also
taken care of
the accountanting,
tax side
BitHub: need
to build a very
trusted network
BitHub: i was
thinking about
that other day Nam, i was even offering people access
to
the australian market in exchange for access
to
their countries market
BitHub: i'm down for
the AUD end
Namworld: or something like
that I
think
Namworld: People are supposed
to
trade in a peer
to peer fashion other currencies, like BTC/USD or stuff...
Namworld: they're supposed
to be preminted
token used
to create orders in
the system upon which
they're destroyed.
Namworld: ripple isn't supposed
to be a currency you
trade for money
Bowjob: and
they released at 4.6 BTC per share
ThickAsThieves: i'm not sure how it works either, i just saw some people
talking about
that as one of
the weaknesses
Namworld: I don't
think it works like
that
Thick...
Namworld: So one has
to deposit funds
to a gateway
to deposit it and withdraw from a gateway.
Namworld: and
these gateways assign currencies like USD/BTC/AUD/GBP/etc
to users... and
they can send it around if
they
trust
the gateway...
Namworld: People must assign
trust
to "gateways" which I
think are like exchangers
Bowjob: well
the rocket is simply refueling
Namworld: good luck... would need market cap
to reach 100 billion
Bowjob: I want
to see 1 XRP = 1 dollar
Bowjob: lets see if
this goes somewhere
Namworld: yeah, I don't understand
that either
Bowjob: how do I view
the ordebook
Bowjob: im still
trying
to figure out how
this
thing works
Namworld: I'll sell and wait
to buy back
ThickAsThieves: "Ill pay you 1BTC
to buy
the goldbar so I dont lose it"
Bowjob: 100 bill, as money get sent around
theres a small fee
Namworld: Making XRP worth 2,000,000 BTC at
that price
dub: at
this point suppose knowing what ripple is might help
Namworld: There's 100 billion XRP created right off
the bat
Bowjob: I managed
to sell 50k XRP for 1 BTC
dub: cool, I guess
there is still a chance of sprinkles on
this shit sandwich
ThickAsThieves: doubtful, i
think
the first sign
things are shipping is when
they ask for people
to send
their
trade-ins
dub: ie,
those
that will get a 1st round unit
dub: do we know if people who won
the BFL order number lottery have been contacted?
Bowjob: josh says 1 week..(1 month) for
this
to be done
kakobreklaa: assbot would say,
they are more fucked
than whores at closin
time
ThickAsThieves: i wonder how many people are submitting return requests
tonight
mircea_popescu: everyone's behind everyone else,
this is like
the asic olympics
mircea_popescu: ThickAsThieves actually asic is only mining what, 4-5
th ?
mircea_popescu: Bowjob nobody sensible has any money left with
them anyway
Bowjob: but
they prolly wont do it.
Bowjob: rather
than go all or nothing
Bowjob: its better
to
take a refund and
take
the loss.. before btc rallies up again
mircea_popescu: well ya, you sent 500 btc in october, you get 200 btc back
today.
Bowjob: would not get
their btc back
Bowjob: but people who ordered way back
then
Bowjob: looks like i wont have
to lol
Bowjob: id have
to ask josh
to fuck up on
this one,
till my avalon arrives
Bowjob: if
they werent already
mircea_popescu: then again
this is bitcoin, he'll prolly be making status updates in like... may.
Bowjob: shits about
to hit
the fan.. bfl customers who used
to defend josh are getting pissed
mircea_popescu: only fair, bets on
the 21st
that bfl won't deliver by 1st
Bowjob: so
they lose money on it.. even if
they won?
mircea_popescu: aaactually... i
think you're right, he owes .5
to
the house and makes .473
Bowjob: theres only like 3 big YES votes on
the side
Bowjob: josh could have come clean and
tell us he couldnt ship by 1st
Bowjob: theres
this 500 BTC bet on yes
Bowjob: you're
the 200 BTC no?
mircea_popescu: well, as it
turns out
that 1500 btc on bitbet will be
the most btc anyone makes out of bfl
pigeons: never we
think
they'll next
tuesday, always we
think
they'll be on
the way
to another step by next
tuesday
mircea_popescu: Right now, I'm planning on a week from Friday
to be
the day
ThickAsThieves: i'm no engineer, but it sounds so ghetto
to be wasting 1000 chips
to do a macguyver
test
mircea_popescu: We expect at least some of
the chips
to be on
their way
to Chicago by
Tuesday, where
they will be mounted and sent out
to our engineers and KC for
testing and final MCU programming.
mircea_popescu: "As I've written in previous posts, we are dealing with such an accelerated
time scale
that all of
these facilities simply aren't used
to dealing with."
mircea_popescu: The simple fact of
the matter is
there hasn't been any solid updates
to offer.
ThickAsThieves: i suppose
that makes
the bitbet pretty much resolved...