980200+ entries in 0.754s
mircea_popescu: i
think "the milk was spilleD" is more apt a comparison but anyway :p
Diablo-D3: one of
the biggest startup communities in
the world
Diablo-D3: look at
the silicon valley for example
mircea_popescu: as either cost of asic or losses from asic become monetized btc will have
to go up
Diablo-D3: so hopefully at least one of
the 4 wins
gribble: BTCUSD
ticker | Best bid: 14.81200, Best ask: 14.89900, Bid-ask spread: 0.08700, Last
trade: 14.89959, 24 hour volume: 47066.51104494, 24 hour low: 14.21404, 24 hour high: 14.92000, 24 hour vwap: 14.59850
Diablo-D3: asicminer already said
their chips passed functionality
tests
mircea_popescu: meanwhile i've been asking questions, i know of a case where
they did 54 prototypes
Diablo-D3: and what we're looking at IS
the prototype
mircea_popescu: right.
the problem with
the "spam a core on chip" approach is
that design cost is minimal
Diablo-D3: mircea_popescu: yes,
those fucking design
tools are blaaaaaargh
Diablo-D3: they just had
to have
the output cascade designed right
smickles: nyRednek: mpbor isn't really a bond
tho
Diablo-D3: they used existing ones and spammed it on
the chip
Diablo-D3: remember, neither asicminer nor avalon made
their sha256 cores
Diablo-D3: error4733: on what
tech? chip design in general?
mircea_popescu: error4733 maybe half a dozen on
the core and a few hundred on peripherals ?
mircea_popescu: i don't
think anyone actually has
the resources
to do asics. people like
to dream, and
then
they sometimes get confused.
error4733: how many dev in
the world work on
this
tech
Diablo-D3: its
the outright scams I
think we need
to deal with
error4733: maybe BFL but all
the others as well ?
mircea_popescu: i don't
think it was started as a scam. just, no skills.
Diablo-D3: was it a scam or did
they just fail?
mircea_popescu: (which is what
they should have done in
the first place)
mircea_popescu: error4733 once people will come
to
terms with
the failure of "asic projects"
error4733: so
the usage will increase for 500% with
the same supply ?
error4733: mircea_popescu : u
think $100 can be possible until
the end of
the year ?
Diablo-D3: but a 50/50 chance of $28 or higher becoming
the new norm
error4733: well i have a bet wit ha friend, BTC double
this year
Diablo-D3: well, what Im saying is, we need a firm foundation
to continue building on
Diablo-D3: mircea_popescu: well, I'd like
to see us at $100 perm
Diablo-D3: theres no reason
that cant be repeated
Diablo-D3: thats not useful for
the longterm viability of bitcoins
Diablo-D3: I dont want
to see another $30 spike and crash
Diablo-D3: the market needs
to pause for awhile
to keep us at
this level
gribble: BTCUSD
ticker | Best bid: 14.91002, Best ask: 14.92000, Bid-ask spread: 0.00998, Last
trade: 14.91002, 24 hour volume: 47727.52297059, 24 hour low: 14.21001, 24 hour high: 14.92000, 24 hour vwap: 14.58642
error4733: if SD up
to 0.006 and btc hit 15$ i almost double my invest in 2 weeks
mircea_popescu: sorta like childrend and
toys. when nobody is playing nobody else wants
to play. as
toys become unavailable
the desire
to play increases
kakobrekla: isnt
this same case as producers and consumers
kakobrekla: inverse supply you mean all
the scams or
the block reward drop?
mircea_popescu: in retrospect maybe not surprising, given
the nature of
the btc game.
kakobrekla: bbet ran out of shares so
they went for second best
gribble: There are currently 23.426751 bitcoins demanded at or over 14.85 USD, worth 349.058673438 USD in
total.
gribble: There are currently 180.31955 bitcoins demanded at or over 14.8 USD, worth 2674.22552159 USD in
total.
gribble: There are currently 0 bitcoins demanded at or over 14.9 USD, worth 0.0 USD in
total.
gribble: There are currently 7912.5205 bitcoins offered at or under 15.0 USD, worth 118573.407675 USD in
total.
gribble: BTCUSD
ticker | Best bid: 14.90001, Best ask: 14.91999, Bid-ask spread: 0.01998, Last
trade: 14.91999, 24 hour volume: 48305.04798786, 24 hour low: 14.21001, 24 hour high: 14.92000, 24 hour vwap: 14.57849
mircea_popescu: thestringpuller
there have been like... i
think a dozen since
the ipo
gribble: BTCUSD
ticker | Best bid: 14.78900, Best ask: 14.84339, Bid-ask spread: 0.05439, Last
trade: 14.78900, 24 hour volume: 48112.84457123, 24 hour low: 14.21001, 24 hour high: 14.92000, 24 hour vwap: 14.57203
thestringpuller: ;;later
tell Bugpowder looks like people are putting basic point spread bets on bitbet now
dub: good arb op
there eh?
mircea_popescu: i'm sorry, but on
the balance of
this assesment balancedpayments is worth ~0, inflation adjusted.
mircea_popescu: so basically... "we don't know, and don't wanna
talk about it"
thestringpuller: But Balanced shows what is needed by
the marketplace . a path
that a Bitcoin variant could follow. Balanced is offered in
the U.S. only. A bitcoin-variant could operate globally.
thestringpuller: Each of Balanced.s customers is a potential Bitcoin merchant. Zaarly is using Balanced
to provide payments handling for its peer-to-peer
task market. Instead of Zaarly having
to build its own, it can used Balanced.s API. With Bitcoin
there is a little different flow. You can.t pull funds from a Bitcoin user. Bitcoin is push only. But Balanced also handles
the payout component. And
that is a push
transaction. Bal
mircea_popescu: im going
to go
troll balanced payments irc channel nao
mircea_popescu: "You guys are fantastic. You documentation is clear.
The fact
that you all live on
the IRC channels makes obtaining information and help super simple."
mircea_popescu: demonstrated
that when our
test participants were given
mircea_popescu: found a number of user interface design flaws
that may
mircea_popescu: achieve effective electronic mail security.
The analysis
mircea_popescu: with a laboratory user
test
to evaluate whether PGP 5.0
thestringpuller: jcpham:
that looks just like simplepay or what was doing with
the
https curl command
mircea_popescu: anyway. anyone here want
to pick up
that coinurl
thing and run it sanely ?