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881  Other / Meta / Re: Forbidding useless posts when user has a paid signature on: June 26, 2013, 06:16:25 PM
...

So is it okay to just quote a post without even adding anything, or is that even worse than just putting '+1'?

Edit: I realize he bolded a part, but still, I have seen some people just quote the previous post verbatim without any notation whatsoever.
882  Economy / Securities / Re: P/B ratio, or how to not get raped in the Bitcoin securities markets on: June 26, 2013, 05:15:21 PM

PS! MP sock puppet, I am still waiting for the number.
On the other hand you've missed out perhaps your best example possible: S.MPOE book 0, mkt cap ~780,000 BTC. 


Is that the number you are looking for?

I don't remember where she said it (and I don't feel like going through the work of searching), but in a reply to me in one of these threads she said S.MPOE does not include a balance sheet because the equity is 0, which I guess means that all the information you want should be in the profit/loss statement.
Peter, Peter, Peter... I told you to join Mr DipShit and his sock-muppet MPOE-PRBS, so you too can make yourself sound like a fkn idiot. It was a joke and not a serious recommendation Wink

I'm not trying to join them, I just though she had already answered the question you were asking?
883  Other / Beginners & Help / Re: Ways of making bitcoins. on: June 26, 2013, 05:12:46 PM
Get a job, work hard, buy bitcoin.

Or offer to do something for bitcoins. Work hard, get paid bitcoins.
884  Other / Meta / Re: Ban useless replies on: June 26, 2013, 05:09:12 PM
+1  Wink

I agree that posts should be removed if they do not contain any meaningful addition to the conversation.

I do have a question: If somebody puts up a '+1' post, that would add the thread to their 'Show new replies to your posts' list. But if that post is later deleted by a mod, would that also remove the thread form their relies list? I have recently switched to using the watchlist so I guess that would not affect me, but some people might miss out on conversation they were interested in.

I believe the watchlist bases itself off of the most recent post ID in the thread.

I.E. if the watchlist knows you have looked at #202, then #203 comes up and is deleted, it will not pop up on the watchlist because the most recent reply that is active is #202.

I was thinking more along the lines of I post a "+1" to subscribe to the thread, the mod deletes my post, the next time somebody posts in the thread it will show up in 'watchlist' (if you have selected the option of automatically adding posts to the watchlist) but not in 'show new replies'.
885  Other / Meta / Re: Forbidding useless posts when user has a paid signature on: June 26, 2013, 04:39:22 PM
As someone who has a paid signature (x3), I act pretty damn cautiously and I don't do anything stupid like spamming "+1". Because the people paying you can always just say "we're paying you for posts, not fuckin' spam".

In fact, why don't they?

The people paying for these signature ads do not have the time to go through the hundreds or thousands of posts people are putting up.
886  Other / Meta / Re: Ban useless replies on: June 26, 2013, 04:34:47 PM
+1  Wink

I agree that posts should be removed if they do not contain any meaningful addition to the conversation.

I do have a question: If somebody puts up a '+1' post, that would add the thread to their 'Show new replies to your posts' list. But if that post is later deleted by a mod, would that also remove the thread form their relies list? I have recently switched to using the watchlist so I guess that would not affect me, but some people might miss out on conversation they were interested in.
887  Bitcoin / Bitcoin Discussion / Re: Can I pay off my loan without using FIAT before the end of the week? on: June 26, 2013, 04:24:20 PM
Oh no, I want to trade today no derail.  Let me buy your coins, please.  I have a bunch of btc burning a hole in my pocket, come on dude, hook a brother up.



Is this in addition to the bitcoins you are trying to use to pay your debt, or would buying his silver make you cancel the auction?
888  Bitcoin / Mining speculation / Re: The Impending Stalemate on Mining Hardware and ROI on: June 26, 2013, 04:21:30 PM
Mining difficulty will increase exponentially.

Only if new mining power is added exponentially. If no new mining power is added to the network the difficulty will stop rising.

The hardware necessary to mine it substantially, already costs upwards of $22,000 USD.

What are you basing this number on? What does "substantially" mean? Are you saying that only large mining rigs are profitable? I think if you buy small hardware at the right price it can be profitable too. So the amount you mine is simply proportional to the amount you invest in. Small miners can actually be more efficient because they can be cooled more easily and do not need a dedicated space.

What if the price of Bitcoin stays at around $100 ... yet the difficulty skyrockets?

Then the less efficient miners will stop mining, and the difficulty will stabilize.

The difficulty will surpass the cost of the rigs necessary to mine it.


Then no new power will be added to the network and the difficulty will stop rising. The people with the most efficient miners will continue making money the longest. If mining is unprofitable, then the network will shrink until either it is profitable, or the people mining are willing to mine at a loss. Some people who want to continue using bitcoins will mine at a loss if their business is dependent on bitcoin continuing, and some people mine at a loss just because they are true believers in bitcoins.
889  Bitcoin / Bitcoin Discussion / Re: Can I pay off my loan without using FIAT before the end of the week? on: June 26, 2013, 03:24:22 PM
Maybe you could get someone to overpay for a few BTC, but $8.5k worth?  Nobody who wants to buy $8.5k worth of Bitcoin is going to buy it with a 5% fee.  Coinbase - 1%, MtGox - <1%, your deal - sucks.

One could point to the slippage from large purchases, so having a deal at about the going rate could be good for large amounts, but I do not think this amount would significantly move the order book on the larger exchanges.
890  Other / Beginners & Help / Re: Ways of making bitcoins. on: June 26, 2013, 03:21:16 PM
An "easy" way to get bitcoins is trading with bitcoins. If you are good and lucky, they will increase ;-)

What do you mean? And how can I trade with them?

Look up some of the exchanges (MtGox, BTC-E, Bitstamp, CampBX), find out how they allow funding to/from and try out the user interfaces, then pick the one that works best for you. Send them money and buy bitcoins, if the price of bitcoins goes up, sell some and then buy them back later when the price goes down again. Then you can withdraw your money and you have some bitcoins.

The other thing you can do if you buy some bitcoins as stated above is send them to one of the bitcoin stock exchanges (MPEx, BitFunder, or BTCT) and then use them to trade bitcoin stocks. You can buy low and sell high to make some bitcoins, or invest in dividend giving stocks and just earn some bitcoins slowly.
891  Bitcoin / Bitcoin Discussion / Re: Can I pay off my loan without using FIAT before the end of the week? on: June 26, 2013, 03:11:40 PM
You might want to put up a link to this or the auction thread over in the IRC #bitcoin-otc

You might also want to go into more detail about what escrow you are using, or are bidders allowed to choose the escrow service?
892  Economy / Securities / Re: P/B ratio, or how to not get raped in the Bitcoin securities markets on: June 26, 2013, 02:59:11 PM

PS! MP sock puppet, I am still waiting for the number.
On the other hand you've missed out perhaps your best example possible: S.MPOE book 0, mkt cap ~780,000 BTC. 


Is that the number you are looking for?

I don't remember where she said it (and I don't feel like going through the work of searching), but in a reply to me in one of these threads she said S.MPOE does not include a balance sheet because the equity is 0, which I guess means that all the information you want should be in the profit/loss statement.
893  Economy / Securities / Re: All you idiots that "invested" in PMBs: on: June 26, 2013, 02:31:16 PM
Yeah, I had forgotten exactly who was doing what. Dishwara was more of a mining company, I think, SIN was a "perpetual" mining bond, and CM400 was a mining bond with a limited lifetime. CM400 payed much less back than was originally invested. SIN the operator took off with everybodies money, Dishwara ran into trouble of some sort with the mining, but he bought back the outstanding shares eventually.
CM400 payed out exactly as much as was originally promised. I know in hindsight it was a bad investment (as were all mining contracts when that bubble hit hard and difficulty skyrocketed), I dare to claim however that I have scammed nobody and also I did even give a partial refund when it got evident that this would be operating at a net loss to limit my share holder's losses.

Right, I did not mean to say you were scamming anybody, like many of the other mining bond/company operators, I am just saying that it was not a very good investment, and most mining type investments are not good investments.
894  Other / Off-topic / Re: Apple Sucks! Arrg, why don't programs work on my old mac? on: June 26, 2013, 01:38:16 AM
Why don't you just update to Mountain Lion it is like $20? For desktop linux I would use ubuntu.

I looked into that, and from what I read it looks like only MacBooks about a year newer than mine are capable of the upgrade.
895  Economy / Securities / Re: All you idiots that "invested" in PMBs: on: June 26, 2013, 01:36:49 AM
I was not using it as a joke, I was giving an example of an exchange which has managed to keep the mining crap out. I don't know why you have such hatred towards MP, he seems to be making decent money without your approval. Now, if only we could get him to embrace the balance sheet to go with the profit/loss statements we could all be happy.

It's out now.  That wasn't always the case though.

Gigamining was on MPEx as a PT.  MP declared it of zero value and shut it down when GLBSE shutdown, leaving those holding PT shares in a lurch because he did not (AFAIK, been a while since I re-read the thread) lay claim to the associated Gigamining shares post-shutdown.

Not the case. Gigavps made a contract, PT was constructed as "will pass along all benefits, will not do any maintenance".

Gigavps unilaterally repudiated his contract, created new contract. PT shares were thus rendered worthless by gigavps. Arguably "not his fault" or "Nefario's fault" or what have you, but MP doesn't enter into it either way you unravel it.

The key point was that MP has had his own PMB fun.  How he shut it down was of somewhat secondary importance.

I concede the point, I had forgotten that there used to be a PMB on the MPEx. Nevertheless, it is possible to have a bitcoin stock exchange without PMBs.
896  Economy / Speculation / Re: I have seen the light on: June 26, 2013, 01:34:21 AM
how bright was the light? lol

Very bright. As in, a bright idea. Bitcoin is a bright idea which will enlighten the world.

Meh, bitcoins have some nice features, but they are still limited to a very small number of transactions (relative to the total number of transactions made globally), and the massive size of the ever-expanding blockchain seems like an inelegant solution.

Not every transaction has to go on the blockchain for bitcoin to be successful. I do not think everybody in the world will use bitcoin exclusively, but I do think eventually everybody in the world will know what bitcoins are, and accept that they have value.
897  Other / Off-topic / Apple Sucks! Arrg, why don't programs work on my old mac? on: June 26, 2013, 01:27:02 AM
So I keep running into this problem: I go to add a program to my computer or update an existing program and I find out it is no longer supported on my computer. Everything for OSX requires 10.6 or later, so I am basically screwed. Some things I can get an older version of the software, but that doesn't work for everything.

My mac was great when I first got it, nice and slick and easy to use and stuff, but now I am just getting angry at Apple. They want me to shell out another bunch of money to buy a new computer. Well, I say screw Apple, I am not gonna shell out money like that again just to have it decreed obsolete by some fat-cats in suits who want my money after just a few short years.

I am pretty sure my next computer will be running Linux of some sort. There is no way I am going back to Windows (that's what I had before my current computer).

So I guess to make this thread more useful for everybody rather than just me ranting against obnoxious corporations, what version of linux would you suggest? I am looking for something dependable and easy to use.
898  Economy / Securities / Re: [MPEx] S.BBET Monthly Statements on: June 25, 2013, 11:44:43 PM
Any comment on whether any money will be spent on advertising?
899  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: June 25, 2013, 09:31:42 PM
A little off topic but.. anyone have information about the S.DICE on Havelock/ is there gonna be a dividend payment this month?

ummm, how is that off-topic? They will have dividends on Havelock if there are dividends paid out by S.DICE.

I ment in the sense that we were talking about G.DICE and I didnt know if there was a difference; my apologies.



It is just a matter of which exchange it is on and who runs the pass-through. The real asset is S.DICE on MPEx, but there are lots of pass-throughs, with names like G.SDICE, GSDPT, S.DICE, or S.DICE-PT.
900  Economy / Securities / Re: P/B ratio, or how to not get raped in the Bitcoin securities markets on: June 25, 2013, 09:29:13 PM
Your hashpower is coming in 3 months.  Future hashrate is not worth as much as hashing today.

So when my hashpower comes, my P/B will be 1.1, right? That would make AMs P/B using the same formula be around 8.

Once again:  How much did you pay for your 120 GH/s ?  That is your book value.  If you massively overpaid for it, we can have a different discussion.

So because AM pays $10000/Ths, their book value is $620000. Trading at $150M means their P/B is around 240.

.b

Hmm, there is what they paid for it, and then there is what they could sell it for now. Those are not always the same thing.
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