log☇︎
1025700+ entries in 0.803s
mircea_popescu: is this before or after ?
mircea_popescu: Aug 29 05:20:27 <ic3d> a proper economy creates wealth not transfers it
mircea_popescu: Aug 29 05:20:25 <mircea_popescu> what qualifies you to opine on this topic ?
mircea_popescu: Aug 29 05:20:09 <mircea_popescu> all economy primarily exists to transfer wealth.
mircea_popescu: Aug 29 05:19:57 <ic3d> all the bitcoin projects are wealth transfering schemes
mircea_popescu: right about there, lemme find it
smickles: this, after he offered to kill pirate for 10kbtc?
smickles: mircea_popescu: you didn't see him trollin' me for about half an hour?
mircea_popescu: jesus wow, he managed to get on my ignore in like 15 minutes, on a fresh identity ?
blazing: i trade with 500-1000btc
blazing: does mpex have enough volume though
EmanuelDeOrtego: Matthew, if he pays back on is debt, will need to buy.
mircea_popescu: blazing try mpex eh!
EmanuelDeOrtego: All the investors need their Bitcoins back
EmanuelDeOrtego: Bitcoin is going up because of this
blazing: im so glad i stayed out of all this glbse and pirate bullshit....trading on gox is fine for me
mircea_popescu: we aren't seeing this kind of mass hysteria any time again i would hope.
blazing: bitcoin needed to go through this i reckon
smickles: ic3d: the burden of proof is on the positive statement
blazing: u could say that
EmanuelDeOrtego: Well, if he doesn't pay that....
mircea_popescu: or thin air.
EmanuelDeOrtego: Anyways, that 100k was probably investor money from either Ellet or Bitcoin magazine.
mircea_popescu: he'll keep shooting his mouth as if that wasn't plainly known six months from now.
mircea_popescu: EmanuelDeOrtego i don't see why you think anything changed.
EmanuelDeOrtego: He's going to have to dump his girlfriend and live out of a van
blazing: i just cant believe all the betting and buying pirate debt that followed...it just topped it off
EmanuelDeOrtego: Well, he did say that you should never trust a pirate.
gribble: Best bid: 10.92, Best ask: 10.9994, Bid-ask spread: 0.07940, Last trade: 10.99941, 24 hour volume: 60962, 24 hour low: 10.5, 24 hour high: 11.20999
mircea_popescu: more like a social thing
mircea_popescu: where that ?
copumpkin: I'm stealin ur timez
copumpkin: I'm on your timezone now!
mircea_popescu: and i dun want to.
mircea_popescu: cause i have the idiot you're talking to on ignore and you're starting to sound like him
copumpkin: lots happens that would completely dawrf mtgox
copumpkin: many are not though
copumpkin: a lot of the big blocks are change from big addresses
copumpkin: ic3d: all I'm saying is that there's a _lot_ of business going on, at scales you have declared impossible, that you don't know about
dub: put in 200btc maybe 12-13 weeks ago, when they were worth $6-7
copumpkin: when I keep telling you that's irrelevant
copumpkin: you keep talking about the exchange
BTCHero: ic3d: you are an expert troll... spanning multiple subjects
copumpkin: I actively deal with people who have way more money/coins than gox could handle comfortably
copumpkin: ic3d: yeah, surely nobody has the means to locate buyers
BTC-Mining: There's huge transactions not happening on MtGox...
copumpkin: ic3d: I'm not sure you're aware, but like the "real world", most bitcoin finance doesn't occur on exchanges
dub: hear that people? bitcoin is different
BTCHero: ic3d: but you can say the money came from selling widgets to tor users
dub: because nobody has made this point before
BTCHero: 5-10% over taxes you mean right
dub: I'm glad you are here with all the answers
BTCHero: ponzis are great for the bottom level
BTCHero: ic3d: the ponzi niche
mircea_popescu: take me more than a night at any rate.
dub: mircea_popescu: I guess around $4k... I wasn't keeping track of reinvestment
EmanuelDeOrtego: You stayed in far too long
EmanuelDeOrtego: You should of too guys
mircea_popescu: dub what's that come to ?
dub: by drinking roughly the same dollar value in fine single malt
copumpkin: I haven't had 50% taken
dub: I'm going to forget about the money I lost in pirate
copumpkin: his cock is quite tasty
EmanuelDeOrtego: I agree with that to an extent
copumpkin: I suck The Man's cock for a living
copumpkin: nah, actually, now that I think about it
BTCHero: i plan on living vicariously through my child
EmanuelDeOrtego: I just don't think people should work over 30 hours a week in today's industrialized society
BTC-Mining: Go get one then
BTCHero: ic3d: you are in the bitcoin universe
dub: for shit im going to eat
EmanuelDeOrtego: I go to class and get told my combat boots care people : (
dub: im spending this weekend underwater hunting ffs
copumpkin: I just lost tens of thousands of bitcoins, and I don't have a life
EmanuelDeOrtego: Just work part time
copumpkin: this is troubling
dub: and the I'm hoarding wild turkey and ammo form
dub: theres the, moms mininvan is oppressing my rights form
EmanuelDeOrtego: I am a Egoist, thank you.
dub: theres the other kind though
EmanuelDeOrtego: I think we are dealing with a communist here.
dub: pretty sure they have the fringe and everything
dub: libertarian appears to be the new 'emo'
EmanuelDeOrtego: ic3d: Am I being rented out if I work with a group of people to get something done?
copumpkin: EmanuelDeOrtego: I have a pretty decent life, I think
BTCHero: you should teach him to be more like you
copumpkin: lol, such loaded language all the fucking time
EmanuelDeOrtego: so much truth
EmanuelDeOrtego: "you have to rent yourself in the fiat labor market place as a slave."
BTCHero: ic3d: again, thanks for the advice
BTCHero: i promise i won't lose more than 40% of your money
BTCHero: no i need a rental property, this isn't a ponzi
copumpkin: BTCHero: I'll get back to ponzis next week
copumpkin: BTCHero: gonna be a little more cautious for the time being :)
copumpkin: BTCHero: no thanks
EmanuelDeOrtego: But we are forgetting about the profits that come from the money that is lent out.
dub: dude prisonplanet told EmanuelDeOrtego everything
EmanuelDeOrtego: You think it does.
EmanuelDeOrtego: is the problem.
EmanuelDeOrtego: Where that interest goes