log☇︎
1003400+ entries in 0.738s
Chaang-Noi: i kinda wonder if the "double payment fail" was just a stalling tactict.
gigavps: Diablo-D3 i meant to get the asset holders lists
Diablo-D3: 2pm: why the fuck am I in a ditch, and why does my side hurt, and whats with this bag of ice
Diablo-D3: 10am: spends user funds to get hookers and blow
Diablo-D3: 9am: glbse taken down
Diablo-D3: gigavps: oh thats easy
gigavps: has anyone talked with nefario about a timeline for the shutdown of glbse?
Diablo-D3: not enough tits
Chaang-Noi: might be same fag too, hard to tell
EskimoBob: mircea_popescu: you know that this yellow banana we like so much is going to die out
mircea_popescu: meh i just had the world's worst banana
mircea_popescu: tho the same computers can be used to mine.
Chaang-Noi: but then lol they dont match
Chaang-Noi: not sure what went wrong, used the wallet for oever 1 year and have over 5000 transactions and several hundred address
Chaang-Noi: one comptuer does not see the coin
Chaang-Noi: i used the same wallet on two computers and everything got fucked up
Chaang-Noi: i wanted to see if a transaction was good
EskimoBob: mircea_popescu: I was reading that "Breakthrough Offers New Route to Large-Scale Quantum Computing" . BTC or any crypto-blah is not fucked yet but it's getting closer. 7 more years maybe and some lab has it up and working... and then BTC will become a blip in e-pages of history
EskimoBob: whats in the BTC TV? Any new soap operas or drama?
noagendamarket: thats why so many women get pregnant to get the single parents pension
noagendamarket: you dont get very much if you dont work in Australia either though...subsistence living
Chaaang-Noi: maybe ill start paying taxes then...
noagendamarket: there is no welfare in the usa :P
Azelphur: I think that's pretty much the jist of it
Azelphur: go to local walmarts and ask if you can have a large cardboard box
Chaaang-Noi: so lets say im in the usa and i dont want or cant work
Azelphur: Chaaang-Noi: you can always take my approach, one of the perks of having Autism is that the welfare people never fuck with me
noagendamarket: in Australia even the middle class get welfare of some sort
Diablo-D3: no, he gets that from beating women
thestringpuller: "BitCoins might not provide us as much financial security in the short-term, but it would definitely empower us overall."
thestringpuller: http://www-cs-faculty.stanford.edu/~eroberts/cs181/projects/2010-11/DigitalCurrencies/2011/06/03/bitcoins-and-the-potential-to-uplift-millions/index.html - that's what brought me back to the btc world
thestringpuller: entrepreneur's success is generally measured by the jobs they create
mircea_popescu: yeah. it's just an intellectually lazy way to think "oh, im a btc entrepreneur"
thestringpuller: you're right though: "it makes no sense to buy rl world items with bitcoin. after all the trouble you went to buy bitcoin in the first place."
thestringpuller: sounds like tool
noagendamarket: Theymos asked me about it but I hadnt said yes or no when nefario shut the site down
mircea_popescu: and in general, stop trying to act like you're either legitimate or respectable. neither's the case.
mircea_popescu: no, you were actively trying to sucker someone into buying them a few weeks back.
noagendamarket: I wrote them off months ago :P
mircea_popescu: you can lay off now, nobody's going to pay you money for your shares anyway.
mircea_popescu: noagendamarket even if we were to take the 500 a month figure seriously, it still doesn't pay the rent.
noagendamarket: it turns out hes really greedy :D
thestringpuller: mircea_popescu: Amir Taaki? The Intersango guy?
noagendamarket: nefario took most of the glbse funds thats why the shareholders didnt get much :P
mircea_popescu: yes, it makes no sense to buy rl world items with bitcoin. after all the trouble you went to buy bitcoin in the first place.
mircea_popescu: glbse was making for the "sharegholders" less than what the crown was paying taaki as welfare.
thestringpuller: that's less than US minimum wage
mircea_popescu: fake top bid was 5k or so
thestringpuller: (curious as to their revenue)
thestringpuller: are there any financial figures floating around? or is it privately held?
mircea_popescu: and so they ended up selling to themselves so business as ... normal./
mircea_popescu: no, apparently the bids on that were just as fake as all therest
noagendamarket: think they pulled the sale
thestringpuller: "In 2006, Gerald Smith estimated $250 million could produce 10 milligrams of positrons[38] (equivalent to $25 billion per gram)"
mircea_popescu: in other news, "Good news. We have figured out a solution for this problem. Bitmit is not going to be sold. Business as usual. We are sorry for the insecurity this may have caused."
gigavps: thestringpuller what happened to mpoe?
thestringpuller: i guess that would work
thestringpuller: what time is it over there?
thestringpuller: mircea_popescu: why do all british lawyers have funny teeth...
mircea_popescu: http://buckworthsolicitors.co.uk/wp-content/uploads/2011/05/Michael-Buckworth-271-x-302.jpg <<< does this look like an internet lawyer or what!
Diablo-D3: mircea_popescu: china is jerking as fast as they can
mircea_popescu: takes moar than two weeks ?
mircea_popescu: how's that pressure coming along btw ?
mircea_popescu: "once the news about what we are talking about gets out, MPEX will be under huge pressure, if they want or not"
Diablo-D3: just find a thread and be like BAM
thestringpuller: what is goat saying on the forums
mircea_popescu: lol how's that worth 6 dollars ?
Diablo-D3: dare someone to post that as a reply to goat on the forums
EskimoBob: if we get the securities out of the GLBSE, we can move on but assets-otc is out for good. It offers nothing that OT can not
EskimoBob: Nefario is another type of asshole. This pior_n fuck just wasted my time :)
Diablo-D3: heh, I got that lesson with nefario =/
EskimoBob: I am going to use the contract I have up in the forum and the divs will be around 20% a year
EskimoBob: pigeons: I think I am going the OT way and I'll find someone who issues the BTC derivative or do it myself as a market maker
EskimoBob: jurov: OT has all that functionality with 2 major differences - you can not be delisted by a moody joker and it has quoting system
EskimoBob: tonikt: you forgot to mention that your security = delisted at any time you are in a bad mood
pigeons: I'd prefer if you issue an OT contract, even if its on an OT server i have to setup
EskimoBob: Thank you pigeons. I have your coin BTW. As you know, tonikt got mad and delisted my project. I am going to look for another listing option. Do you want me to send you back your coin?
tonikt: And in practice it's not harder to use it than bitcoin-otc
tonikt: ... but more for long time investors, who dont mind to copy/past gpg stuff one a month or so, just to make sure that nobody will put hands on their assets/bitcoins during the process
tonikt: Definitelly assets-otc is not for daily traders
tonikt: I guess you could ask the same question to nanotube: why he did not come out with a desktop app, instead on the bot?
tonikt: I mean: bitcoin-otc has been using it - so people know how to handle it
tonikt: but it would be kind of hard to distribute a new desktop app (in binary version, I presume) with the same kind of trust as the old fasion gpg has already
tonikt: jurov: I'm not saying that a desktop app would not be secured
tonikt: I think they do - and so eventually, after another exchange crashes, they will finally understand that a system like assets-otc is the only ultimatelly secured solution
jurov: tell me, why should be a desktop app that just calls gpg insecure?
tonikt: But don't the end users care about the security of their assets?
tonikt: And then the tool process the contracts one by one verifying signatures - to calculate the final balance and output a proper sendmany RPC command
jurov: so, dividend issuers have a nice tool they'll need maybe once a month... but end users shall fumble with gpg and browserevery time they trade?
tonikt: You take this zip file to an offline PC, setup how many BTC you want to pay and run the tool..
tonikt: You just download an archive with the entire history of your assets transaction - it's a zip file with PGP signed contracts inside and the keys
tonikt: At a PC that has never been connected to a network
tonikt: Even the dividend payment tool was designed and made in a way that you can use it offline
jurov: it shouldn't be hard to streamline
jurov: as seen in the past, some will rather die than to copy/paste text to gpg and paste the result back to browser
tonikt: plus of course, to handle the service you need a desktop app: GnuPG
tonikt: assets-otc is more like a bitcoin wallet, rather than a bitcoin exchange
jurov: hm.. wouldn't that work much better as desktop app, at least for asset holders?
tonikt: You can store assets at assets-otc, you get a PGP signed receipts, but it is not a trading platform
tonikt: I'm saying it all the time - but people just dont seem to get it