log☇︎
965400+ entries in 0.659s
ThickAsThieves: that's also how you feed them
Diablo-D3: ThickAsThieves: yes they are, and the only way to fight trolls is with facts
ThickAsThieves: Diablo, these dudes be trolling
Diablo-D3: no it doesnt, but apparently trusting the exchange over isnt foolproof either
OgNasty: who cares if they were vetted or not
Diablo-D3: OgNasty: nefario then backpeddled and said he never claimed any such thing
Diablo-D3: OgNasty: remember, I only invested in glbse assets that nefario claimed to have vetted
OgNasty: the asset issuers that had outrageous terms or just disappeared, preventing you from getting back your BTC were scams that have been exposed. Nothing more.
OgNasty: Nefario just exposed the scams.
Diablo-D3: the only people who get to cut in line are those who want the least for their shares.
Diablo-D3: the buy back program will eventually reach that point
Diablo-D3: yes, 12x over the current ask.
Diablo-D3: EskimoBob: yes. then put them on the exchange for that price.
Diablo-D3: EskimoBob: I cant buy shares if they're not for sale.
mircea_popescu: sorta like thinking all moon landing needs is some riveters and welders.
mircea_popescu: people continue to believe that coders are enough.
DeadWeasel: they sold the same coins 3 time is what they did
mircea_popescu: but they did over 1bn!!!1 there's grapsh!!!
DeadWeasel: they know. if you read that post you realize they didn't have the coins to cover deposits
mircea_popescu: nm, their blog doesn't allow comments
DeadWeasel: I've left them a few mircea_popescu
Diablo-D3: EskimoBob: THEN PUT IT FOR SALE ON THE EXCHANGE FOR THAT PRICE.
OgNasty: Anyone have any suggestions for things they'd like to see different about NastyFans.org?
mircea_popescu: DeadWeasel so leave them a comment
Diablo-D3: EskimoBob: do you even have it for sale on the exchange?
DeadWeasel: http://blog.coinbase.com/ nice blog post, but I'm still 100BTC in limbo, "pending" transaction not included in teh blockchain. paralyzed bitcoins for 3 days now.
Diablo-D3: mircea_popescu: oh man, I want that address
thestringpuller: stop investing in stupid things
Diablo-D3: I believe in it a shitload more than you do, thats for sure
Diablo-D3: I used to use mutt + procmail + fetchmail back when I had a pop3 email box
Diablo-D3: I agree, but gmail really isnt that bad
dub: mutt is the one true MUA anyway
Diablo-D3: btw, you CAN feed imap to procmail
dub: dude try notes
Diablo-D3: _that thing_
Diablo-D3: dub: oh, lookout is some business thing? never heard of it
Diablo-D3: dub: er? Im just talking about managing your email here, dude
dub: Diablo-D3: its probably hard to understand never having had a job but some things are outside ones control
dub: Diablo-D3: mostly machine generated, every time an LSP flaps for eg
Diablo-D3: dub: where did they all come from?
Diablo-D3: EskimoBob: so where did I lose the value? if anything, we're around breaking even.
Diablo-D3: dub: 1016 mails deleted, still more to go
Diablo-D3: "Given about 1691 to 1966 BTC were paid into DMC and about 1015 BTC have been paid back plus 90 BTC in dividends, between 586 and 861 BTC are still owed." "DMC has approximately between 507 and 1212 BTC in assets."
Diablo-D3: EskimoBob: I dont think you actually read it.
thestringpuller: Ukto the programmer
dub: gah 1016 mails deleted and im only back to 5pm last friday
Diablo-D3: I already gave you a url earlier that you should have read already
Diablo-D3: EskimoBob: Im going to assume, btw, you just like to troll
Diablo-D3: I only care about the mvp
Diablo-D3: EskimoBob: like I said at the beginning, its the same plan without the mining.
Diablo-D3: EskimoBob: Im not going to do it right now
Diablo-D3: why would they go with me? because they dont really have a choice.
Diablo-D3: EskimoBob: the DC market, as a whole, needs more DCs.
Diablo-D3: EskimoBob: most DCs along this corridor are at capacity and have not accepted customers for quite some time
Diablo-D3: EskimoBob: maine is near the information corridor between DC, nyc, boston, and toronto, where most of the world's internet traffic goes through
thestringpuller: "I went to school for it I know what I'm talking about"
Diablo-D3: you dont need a BOOK for that.
Diablo-D3: you're a tool, and yes, I blame you.
Diablo-D3: EskimoBob: if you want that, wait for a forum post.
Diablo-D3: EskimoBob: you're not asking me to describe my business, you're asking me to describe how datacenters work.
thestringpuller: you can make money before the mvp
Diablo-D3: thestringpuller: one thing: mvp.
thestringpuller: A business only needs 2 things, a hustle, and revenue.
Diablo-D3: btw, Ill agree with thestringpuller, that book is shit
thestringpuller: EskimoBob: I own that book. That's how I know it's garbage. It has a few very good points in it, however the canvas is retarded as a whole.
Diablo-D3: EskimoBob: and the majority of electricity provided by company owned assets
Diablo-D3: EskimoBob: under the original $1m IPO, it was going to be 2-3 dozen racks, rented out for $15-25k/mo, electricity included
thestringpuller: Diablo-D3: figure out how to make it green first.
Diablo-D3: EskimoBob: if you dont remember the business model, it was going to be a datacenter catering to high density computing customers
thestringpuller: It's part of the startup bubble.
thestringpuller: who ever got those .0429 is making out with a steal if more ASICs come online
Diablo-D3: kakobrekla: Im changing the name to the name I had selected for the vps reselling side business of dmc that never took off
thestringpuller: Bugpowder: future trading intrigues meeeee
Diablo-D3: EskimoBob: same business model, minus the mining.
Diablo-D3: thestringpuller: Ive been for quite some time
Diablo-D3: EskimoBob: and if you didnt realize, the 400k IS for DMC 2.0
Diablo-D3: EskimoBob: you missed the earlier url
Diablo-D3: [02:24:01] <EskimoBob> Diablo-D3: before you fly to the moon and have 400K BTC, fix that fkn DMC of yours ;)
thestringpuller: Bugpowder: how high do you think the difficulty will go up?
ThickAsThieves: but i still think BFL will start to ship this month
thestringpuller: they also shipped 1 to garzik
thestringpuller: check the charts...
Bugpowder: and BFL will in time
thestringpuller: EskimoBob: you should be trading futures
Diablo-D3: it doesnt matter when I acquired the 400k btc
Diablo-D3: davos: however, if I already have the btc, I dont need to atually worry
Diablo-D3: [12:19:43] <davos> if you anticipate a long-term (10yr) general rise in the btcusd, then its not so much a problem of being unable to pay... its more an issue of profitability. If you think btc have a higher usd cost per unit in 10 years than it does now then it would make sense to have your liabilities denominated in usd
jurov: CoinBr.iDiff-E will close in 4 days, not much volume, but quite interesting. The price converged at 3.8mil satoshi.
Bugpowder: braces (on the teeth)
Bugpowder: Price of BTC needs to stay high till I complete a local sale in 3 hours.
jurov: real diff will be closer to the "based on data since last change", i guess?
gribble: Estimated percent change in difficulty this period | 11.2711072217 % based on data since last change | 30.4664306956 % based on data for last three days
Bugpowder: new diff today
davos: more interesting I think is that they've pushed the time to block down under 8 minutes
davos: it's what they get for being first
davos: if you anticipate a long-term (10yr) general rise in the btcusd, then its not so much a problem of being unable to pay... its more an issue of profitability. If you think btc have a higher usd cost per unit in 10 years than it does now then it would make sense to have your liabilities denominated in usd
Diablo-D3: it could go up to $1000
Diablo-D3: davos: yes, and what stops me from just buying 1.60x or whatever btc early into the 10 year period
Diablo-D3: thats actually less than last time
davos: my thought is you'd be trapping yourself into a 5% APY payout nominally denominated in btc