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6241  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 16, 2012, 06:31:15 PM
America brought down the towers to hide that they stole all of the gold from the basement. They had to pay back China for the gold they were shorted in another unpublicized theft. So now the gold market, under an artificial inflation, will remain until they sell all of their stolen gold without crashing this high price.

So, let me get this straight: the US destroyed tens of billion of dollars worth of real estate to scavenge less than half a billion dollars in gold.  Huh

Yeah, that sounds reasonable  Cheesy

It totally is!!  Much less killing a couple thousand of the best and brightest and throwing the country into a economic tailspin that cost Trillions..

all for a few hundred million of gold bars..

Maybe they bought insurance.  And shorted the stock market.  And leveraged up on oil.  And ...

There was certainly an overall loss, but individual profits could certainly outweigh individual losses if you knew when and where it was going to happen.

You then plow all your profits into gold, and slow it off slowly at the new, elevated prices.
6242  Other / Off-topic / Re: Copyright Math on: March 16, 2012, 06:24:25 PM
Whenever I invite people into discussing a topic without throwing out some really provocative viewpoints to begin with, the thread ends up being a meta discussion about discussing the topic instead of discussing the topic.

Frustrating as hell.

Here are some provocative viewpoints that are nearly on topic:
0.999999999.......... < 1

If the digits on the LHS go on forever, is the above statement true or false?

Speaking of provocative, is Godel's Theorem provocative? I only wish I understood it enough to say yes or no.

Which of his theorems?  One of the two incompleteness theorems, or one of his other works?
6243  Economy / Marketplace / Re: Got my BFL Single today and I'm raffling it away for 0.5BTC! on: March 16, 2012, 05:23:09 PM
$1028 for a $600 board (granted with delivery quickly instead of 4-6 weeks months).  Pretty nice.  Shows BFL Singles are underpriced relative to demand.

I'm not sure a raffle is an accurate price discovery mechanism.
6244  Other / Off-topic / Re: Copyright Math on: March 16, 2012, 05:20:04 PM
Whenever I invite people into discussing a topic without throwing out some really provocative viewpoints to begin with, the thread ends up being a meta discussion about discussing the topic instead of discussing the topic.

Frustrating as hell.

Here are some provocative viewpoints that are nearly on topic:
0.999999999.......... < 1
Pi is more awesome than e
P=NP
6245  Economy / Speculation / Re: [Daily Speculation Poll] :: Favorite Speculator! on: March 15, 2012, 05:05:01 PM
I'm missing cypherdoc

+1

That's who I wanted to vote for, even though I disagree with him about stock ATM.
6246  Economy / Speculation / Re: [Daily Speculation Poll] :: Favorite Speculator! on: March 15, 2012, 04:48:16 PM
what? no choice for ineedausername?

He failed to call this rocket.  This is his punishment.
6247  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: March 15, 2012, 04:46:33 PM
And really, if you use 4GB sticks of the cheapest ram you can find, a 1TB Ramdisk can be had for just $4,600!

Right... Totally better than an ssd drive.
Well, it would be.  A touch more expensive though.

Unless you actually want to record that data.  Then it's not because you still need to write it out to disk at some point.  I believe the goal here is continuous operation, not large buffers so it only has to shut down to flush the buffers once a day.
6248  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: March 15, 2012, 04:38:52 PM
And really, if you use 4GB sticks of the cheapest ram you can find, a 1TB Ramdisk can be had for just $4,600!

Right... Totally better than an ssd drive.
6249  Other / Politics & Society / Re: Government bankrupting the average citizen? on: March 15, 2012, 02:51:22 AM
Is that you Jack Kerouac?
6250  Economy / Speculation / Re: calling the short-term top on: March 14, 2012, 09:02:45 PM
so this is clearly a reversal, but rather early if you compare the shapes of the tail end of the bubble to that of the echo bubble (they're nearly identical, it's amazing). so we're definitely overdue for a correction. $5.20 will be an important level of support, but we may break that and bounce of $5.05 (the last level of support before the recent knife).



Ok, I sold 1 bitcoin and put a limit buy at 5.25.
6251  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 14, 2012, 08:25:08 PM
Analyze it however you want, we are not about to experience a massive deflation in the US.  They will start sending checks to everyone first..  They've done it before....

I'd be happy with that outcome as well.
6252  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 14, 2012, 08:23:11 PM
uh ok.. I don't see it..

the M1,M2,M3(if they still reported it), the National debt are all rising..  The Fed is pumping out money to keep the rates at zero, with a few extra injections (QE) along the way..

Consumable commodity neccessities are all rising in price..

Where is the evidence of this emminent deflation?

This is relevant to my interests as well.

All that printed money has flowed into stocks and commodities, driving up the prices.  But, it was loaned out, so when those loans come due, the stocks/commodities will need to be sold to cover the payments.  Once the general markets realize there is no permanent results from such lending, everybody will be rushing out of equities to cover their asses as their debt skyrockets in value.  Fed has promised to keep things floated at under 0.25% interest until mid 2014, but if there is a big enough "crisis" they could change their tune.
6253  Economy / Speculation / Re: It's called a correction (waveaddict's bitcoin charting subscription thread) on: March 14, 2012, 07:57:39 PM
Smiley hope you premium subscribers are loving chart (94) as much as I enjoyed drawing it.

-waveaddict

This new 2 tiered system is lame.

Its a good system... Not everyone needs/wants the trading advice, and its only 2.5 btc more over 6 months, shell out the extra .4 btc per month, I'm sure you'll get more than that back.

I don't have enough liquid BTC to cover a 6 month subscription at this time.  All my funds that aren't working for me will need sold soon for fiat obligations.  I was debating sitting out a month, but I decided I could spare 2.5 BTC.
6254  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: March 14, 2012, 07:43:05 PM
EDIT: Now it seems like there just isn't any leased work available Cry all work is being pointed to my 'offline' pool. Perhaps it would be a good idea to slow new miner invites until the miner:leaser ratio is a bit more balanced?

I've noticed that avaliable lease work has been light for the past week or so.  I'm wondering if the fixed lease price for purchasers may need to be adjusted down a bit to accomidate the current difficulty?

Sigg

We are working on getting our additional servers online and purchases are running in-between reboots and updates.  The price is not fixed by us but set by the average price miners set for their PPS.  So if enough miners drop their price the purchase price will move with it.

Perhaps a "minimum pps" might work better here.  Miners set their minimum but get paid what the purchaser pays less a percentage for gpumax.  It might help with the resistance to be the first to lower your price.
6255  Economy / Speculation / Re: It's called a correction (waveaddict's bitcoin charting subscription thread) on: March 14, 2012, 07:22:14 PM
I'm already considering subscribing for the premium, but shouldn't I have received the 'chart 94' anyway? It is a chart is it not? Isn't the trading advice separate or is it on the chart itself? Just wondering. =)



You do have a point there. I'll send (94) out with the other chart for today. The reason why I drew it though was to help my premium subscribers visualize how my 'trading' targets that I provided in previous 'premium only' emails would probably be met.

Thanks.  It sucks being a subscriber, but not "getting" your public comments.
6256  Economy / Speculation / Re: It's called a correction (waveaddict's bitcoin charting subscription thread) on: March 14, 2012, 05:57:35 PM
Smiley hope you premium subscribers are loving chart (94) as much as I enjoyed drawing it.

-waveaddict

This new 2 tiered system is lame.
6257  Bitcoin / Mining speculation / Re: We're 30,300 blocks from the reward drop! on: March 14, 2012, 05:52:36 PM

This assumes we aren't in the middle of a bubble come halving-day.  If thats the case, yer gonna have to start looking at tea leaves and chicken entrails to get a feel for where we're headed.

Sigg

I'll stick to my wish bones.
6258  Other / Politics & Society / Re: Government bankrupting the average citizen? on: March 14, 2012, 05:47:41 PM

notme; how do you registration and smog and whatnot if you go the illegal route? register it as gas and then do then conversion? I had a friend that did that with left-drive hondas and made bank, but it entailed converting the cars to right drive to get them registered, then reverting them to left-drive and selling them to the ricer crowd.



Where I live, I can register a vehicle and get it inspected without anyone looking under the hood.  Even if they did, they are unlikely to notice the extra fuel line.  We also have no emissions tests, so that wouldn't throw off any flags.  As long as nothing is falling off, lights work, brakes and tires have enough pad/tread, you can get a sticker.

I don't know how people can live in places where the government inserts itself in your ass every chance it gets.
6259  Other / Politics & Society / Re: Government bankrupting the average citizen? on: March 14, 2012, 05:08:19 PM
I highly doubt that you can safely and legally convert a gasoline engine with $300 in parts. My buddy just sold his 2002 LPG Honda Civic for well over $20k in Los Angeles...the same car you can get for $3k in gasoline form...so if it could be done for $300, my guess is the Mexican mechanics that actually know how to work on things would be rolling around on giant piles of money from converting hondas all day. They aren't.

He could only use it to and from work due to the extremely limited range and lack of LP stations anywhere off the beaten path.

It looks like there are some regulations that add a premium, so in addition to the $300 in parts, there will be the labor and the regulatory burden.

Can it be done safely for $300 in parts, yes.  Legally, no.  Also, pricing in LA has nothing to do with costs.  You might want to spend a little more to get a bigger tank, but other than hooking up the fuel lines all you have to do is adjust the fuel-air ratio.
6260  Economy / Speculation / Re: Zero Spread on Bitcoinica on: March 14, 2012, 04:29:04 PM
zero spread my ass

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