log☇︎
1005800+ entries in 0.658s
Chaang-Noi: oh i just have to wait for 1 confirm not 6
Chaang-Noi: im up 19 coins but cant play more but want to
Chaang-Noi: the problem with this game is confrims
Chaang-Noi: also i think i would lose more holding the stock anyway
Chaang-Noi: lol 30 btc to get an account? you know i turned you down when it was free
zerokwel: any thing that requires luck I lose
Chaang-Noi: first time playing
kakobrekla: im going to chart money flow oscilator
kakobrekla: not too shabby
dub: and of course to claim that 1 DMC share
dub: purely because I don't want that fuckmeat keepign the 1.4btc or whatever I have in there
dub: spose I should get around to claiming
mircea_popescu: it was tucked away in the pirate oct 12 payment.
gribble: You are now authenticated for user thestringpuller with key 0FF2943DA179E169
gribble: Error: In order to authenticate, you must be present in one of the following channels: #bitcoin-otc;#bitcoin-otc-foyer;#bitcoin-otc-ru;#bitcoin-otc-eu
gribble: Request successful for user thestringpuller, hostmask thestringpuller!~leflor@99-39-98-185.lightspeed.tukrga.sbcglobal.net. Get your encrypted OTP from http://bitcoin-otc.com/otps/0FF2943DA179E169
thestringpuller: ;;eauth thestringpuller
darkee: prolly not the best time I could've been on a vacation...
BitcoinBear: quiet in here today
jurov: i used lolcat translator, brace ur:
smickles: and it has to end with "best contract evar"
smickles: "under the eye of ceiling cat"
smickles: jurov: lol, i feel like making the recitals out of a 'realization keanu' image
gribble: Error: Something in there wasn't a valid number.
jurov: i'd prefer something short and simple like "smickles accidentally an amount of [thing] in order to [otherthing]"
smickles: So, it has come to this, that smickles is willing to part with an amount of [thing] in order to acquire control over an amount of [otherthing]. Likewise, [otherguy] is now willing to part with an amount of [otherthing] in order to acquire control over an amount of [thing].
smickles: Over the course of their adventures, smickles has acquired control over an amount of [thing] and [otherguy] has acquired control over an amount of [otherthing].
smickles: i've now written a draft of a couple lines of recitals for a contract involving bitcoin transfers which i enjoy
jurov: FabianB,yes, whole order form is FUBAR. But finally i figured toscawidgets out and am redoing it right atm.
dub: grab it now, you know theres no backup
kakobrekla: o, here they are http://cahier2.ww7.be/bitcoinmirror/phantomcircuit/
kakobrekla: i need to get all the trades from gox since begining of time
rdponticelli: smickles: Yeah, the legal system is just a hierarchy sustainer, and those already stablished don't tend to like the future competition
smickles: jeez, being sure you have legal shit together takes too long
dub: in other news Tim O'reilly is a toker
BTC-Mining: Got to return a terminal eh
mircea_popescu: http://www.youtube.com/watch?v=On0r-7XGf0U << is this chick high ?
mircea_popescu: i'd say it's easier to have children.
BTC-Mining: In any case, I'm off. Don't know why I've been paying 26$/month for TV I'm not using when I watch my shows online.
mircea_popescu: back when he was still in China I honestly thought that's where he's going and mostly why I laid off him
BTC-Mining: Well it could have been, but Nefario screwed it up. He should have accepted brokering unregistered securities might not be legal and stayed in China. Lower costs of living to top it.
mircea_popescu: yes, this is dog.
BTC-Mining: [16:29] <mircea_popescu> the false notion that glbse was a btc-financials related website is fucking us over
FabianB: jurov: in the orderform of coinbr it would be nice if the item selectbox would have a consistent ordering
mircea_popescu: the false notion that glbse was a btc-financials related website is fucking us over ;/
mircea_popescu: and when i say glbse is damaging, this is EXACTLY what i mean. will in the future people go "o, i won't follow stated policy cause what if these people reverse it like glbse used to do" ? yes, they will.
mircea_popescu: i saw. isn't this great, policy by shoestring ?
BTC-Mining: It seems the AML docs requirement was removed
mircea_popescu: if i promise my gf to take her to the film, it's none of your business.
mircea_popescu: sgornick well that's two arguments you're proposing, and they're unrelated. anyway, there's no practical way to limit credit.
sgornick: But here's an approach where I need only $1 to do this.
sgornick: mircea_popescu: When fractional reserve is 10:1 that's when the system fails without a large amount of capital (and generally fails even with a large amount of capital)
jcpham: but there can be a bitcoin cartel
pigeons: there aren't. join the cartel or else use nefario
pigeons: what are the legal alternatives to banks?
mircea_popescu: but incidentally, why are there mcdonald's places, pigeons ? after all, there's legal alternatives run by competent people. like, you know, actual restaurants.
mircea_popescu: and the honesty of their incompetence resonates with the inner vibration of incompetence in a large mass of others.
mircea_popescu: no, in general they do it themselves.
pigeons: or at least they hire likeminded people to post for them on forums
mircea_popescu: rdponticelli banks suck, the margins are about as narrow as in electricity production.
mircea_popescu: you're flat out wrong. the incompetent flock together.
rdponticelli: I thought we was building a bank
rdponticelli: mircea_popescu: damn, I won't buy anymore S.MPOE, then
pigeons: people wouldn't use nefario if there were legal alternatives competent people would run them
mircea_popescu: money as a barrier to entry is great, because in spite of all its failings, modern society works pretty well at keeping idiots and money apart.
mircea_popescu: sgornick why would it be bullshit tho ? i mean... allow nefario to open an irl bank ?
mircea_popescu: rdponticelli i don't want a bank tho.
sgornick: Right, wasn't calling bullshit on that you need money to open a bank. Was trying to say how that moeny requirement is bullshit.
rdponticelli: pigeons: for that you need garbage amounting in the millions
rdponticelli: How long would take mpex to open his own bank?
mircea_popescu: i'm serious tho, come to romania and open a bank. you need something like 50ish mn in capital iirc.
sgornick: Until I can legally open a bank then that is bullshit.
mircea_popescu: it's a bank after all, it's not obliged to handle your money.
mircea_popescu: well frankly, they're entirely within their right to tell you to take a hike.
sgornick: Yup, and they have an excuse that sounds legit. "Just because, um ... we can't tell you why."
mircea_popescu: possibly the worst business to be in.
mircea_popescu: you know... it's almost as if the banks are by now workingtogether to fuck over btc exchanges
mircea_popescu: well that's ok, he makes a third coming, this time with a frozen BTC and a frozen USD balance.
sgornick: mircea_popescu: Lost chase and wells fargo (well, no deposits, no ach withdraw .. .. through end of Oct, though if he doesn't know why they froze it how does he know end of Oct. it will be re-opened, with access to funds?)
mircea_popescu: so this'd be banking not tech.
mircea_popescu: well seems they lost chase acct
mircea_popescu: ahah so true.
mircea_popescu: There's no drama like Bitcoin drama. The "will pirate make contact" storyline returns tomorrow and the new season of "will BFL deliver" starts in a couple of weeks. It's like reality TV without the ads. Which well-known Bitcoin business will suddenly fail next? Who should be voted off the libertarian island?
MrTiggr: peace bro! ... don't hate my devil's-advocate hat oo much ... im kinda cranky today :P
iz: okay breakfast time for me.. peace all
iz: yeah, i figured someone would try to do something like that
MrTiggr: i wudnt classify that as typical regulation though
mircea_popescu: iz that'd be mpex.
iz: well, something like that
MrTiggr: ok so we setup Bitcoin-Verisign then ?
iz: just companies that have a vested intrest in being secure authorities
iz: MrTiggr: ever use SSL? the CAs are exactly like that
MrTiggr: totally for that - thats not really regulation ... not in the true sense though ... its some form of compliance to a satandard
iz: like.. make sure they keep the offline wallet key used to store everyone's bitcoins secret and don't check it into git
MrTiggr: sarcasm included - thats a real question
MrTiggr: ooh thats "all you need" .. so who we gonna trust on that
iz: all you need is a 3rd party regulatory agency that has a vested intrest in maintaining everyone's trust and not letting ppl break rules just because they got paid off
MrTiggr: if you are talking about regulation of exchanges, i have no problem with that
iz: you don't need to centralize the mint to have regulation of exchanges
MrTiggr: exchanges are not bitcoin ... they are a way out/in to bitcoin