Doesn't work like that, but sometime you get lucky.

In USD adjusted rates:
Sell cryptoAUD @ 5.54, buy Gox USD @ $5.55 = loss 0.01 per coin
Buy cryptoAUD @ 6.16, sell Gox USD @ $5.50 = loss 0.56 per coin

Much better - thanks. 

yes, what a great response

looking at your post history you are not adding anything of value - why did you bother trolling here?

Fascinating

So the cost of production is going to equal it's price.  Then, the consumer surplus will tend to (price - cost) => zero. 

From an economics point of view, I thought the previous change from 32 to 5 with bonuses was "interesting" and it had all died down a bit.  This one is micro-cosmic monetary policy experiment worth watching.

Wonder if I can sell my 70 virgin SC1.0 coins as collectibles yet?

One of the other mildly depressing things is looking at the alternatives.  Some other pools charge 7% and then progressively to zero.  Proportional is lower, but then you have other factors like the reward system and size of pool.  I popped over to Eclipse and their current block was up to 14 hours (6 million shares), and that's one of the larger 2nd tier pools.  Even smaller pools have even more (in my opinion) stupid rules or features. 

Evaluating a pool takes different factors into account.  For me (and just me), it has good stability, availability, discourages large hopping rip-offs through hash stability, moderate fee (they take 0.001 coins per block from me).  For others, those might not be good characteristics.

https://en.bitcoin.it/wiki/Comparison_of_mining_pools

Funds sent. 

If you can pm me your receiving address, I can send the coins.  I will confirm with the repayment address.

Patrick

the account post timing is are better than the other hacked posts

Do you have an interest rate in mind - my published rate is 5% for small/short loans.

False advertising - that's the use of the term "slightly" right?  I thought (generally) that advertisers were professionals at over-reaching the limits of words.  Out of interest I went to the deepbit front page and noticed they have changed the words since I first signed up.  It used to be clear the fee was 10%, now it's just the BTC/share.  I'm not sure how much a share is worth (presumably 50/difficulty) and not especially interested as mining is only a part of what I do.

I feel inspired to make a pool that charges a 20% or 50% fee, as I'm sure there will be some people that might stupidly sign up.  I could write all sorts of crap over the front page that might not be strictly false, but could be misleading.

I didn't say anything about any other pool.  I was observing that someone making money (or doing something well) attracts attention.  I find the emotion tied into the arguments entertaining.

Also, if a user of any service doesn't bother to find out what it costs, is that always the supplier's fault?  Maybe people should change to cheaper ISP/telco/insurance/gas providers - obviously anything above minimum would be unreasonable in some people's eyes.

Why annoyed?  How about envy?

Deepbit has created a site that allows it to generate income where other pools struggle and fail.  Their success is therefore a target to some.

No one is forcing you to mine there, or pay a huge fee.  Same as no one is forcing you to play roulette and lose 3% (european) or 6% (american) of your stake on average.

I have now learned that you gave me copumpkin's address.  It wasn't clear from your pm and had assumed it was yours.  No matter - the debt is still as agreed.

I funded 12 coins to SirChiko yesterday so he could pay back copumpkin.  I discussed with copumpkin and Sirchiko if I should pay back to copumpkin direct, then he could forward the change.  Due to timing and who was online at the time, I paid direct to SirChiko.

I understand the sirChiko has asked for a loan from BurtWagner and "confirmed" that he has no outstanding loans as of today.  Therefore, let me record that he has a 12 BTC debt due to me on 28th Feb paying back 13.2 BTC.

Different days, and sometimes different times - check you lending web for the payment date.  I mixed up timezone a few days ago and P@40 responded promptly.  Also, if it's a lower priority trans and a long block, that might slow it down a bit.  Just as observations.

If it was me, the answer is no (would it end up in Pirate's fund) - deposits at Starfish are separate from my own funds I put there.

Second, I'm too stingy to give that much interest - the project I'm looking to invest in has a 10% payback, not 15%+.

Quite right, I actually work for someone else and my deal is I get 60%.  I would prefer not to work, but it helps fill in the day and pay for my hobbies.

I'm actually quite honored to have elicited such an interesting response from you.

As for the belly rub?  Probably about the same as when I had to cut my father-in-law's toe-nails.

Edit: sorry this has gone off topic.  Why deepbit?  It'll do for now

Currently (this week) doing risk management software audit for a retail company (it's a bit dull) and advising on risk parameters/policy for a wholesale company (more interesting).  Next week - don't know.  Maybe I could rub your tummy for you?

Thanks Randy.  Actually, for the work I do my charge rate is 250.

I should have also observed that keeping computers running well on something for six months or a year takes more than 15 minutes, I found that in terms of what i spend my time working on, it wasn't a huge overhead.

True enough.
Kluge and I had discussed inter-lending a few days back and how that would work, reserve requirements and pre-agreed arrangements including rates.  When we (four of us collectively) were organising how best to meet DoubleIcrus's need, Kluge asked for a short term reserve loan from myself.  Call it a loan, inter-bank, or a favour - I don't mind which.