119900+ entries in 3.189s
mircea_popescu: publish your total exposure/don'
t let people expose you over that sumand that'sthat.
MJR_: point is, people can'
t calculate your ephemeral motives, hence they can'
t arrive at the same conclusions...if based on clear mathematical profit model, they can arrive at the same conclusions and see the benefits
mircea_popescu: the other definition of moral support however is as to third parties. you can'
t go around saying "i'm working with mp on this" unless we actually have a deal of some sort.
cads: mircea_popescu: I am a mathematician, not a coder, so I don'
t expect this project to succeed without some serious help. I have the whole #haskell community. I have 5 years of haskell. I can use ruby, python, php etc for frontend. I will rework my ideas on attribution and profit share (it may be best to arrange that I profit financially from a successful completion). Will this be a project you can provide moral support to?
mircea_popescu: cads yeah well, most people don'
t dop internships on opm
mircea_popescu: ThickAsThieves yes, that, plus, you can'
t sanely rely on the end result working.
KRS1: yeah the link..i really can'
t explain it..i had to wait for Paul to get out, he told me about it..sucked..he did time.
mircea_popescu: so it wasn'
t gox doing it, it's not related to the dollars on the exhange, running out of theories here.
Scrat: who the fuck is mpoe-pr, isn'
t that you?
bgupta: if ltc moves to mtgox it will get some liquidity… can'
t say that will neccesarily help the price but it should be eaasier than btc-e
jurov: i'm not going to predict anything. just don'
t panic and wait it out
bgupta: so jurov you aren'
t gonna wait to see if mtgox wil follow through?
bgupta: So are the bot algos relatively public? Trying to understand why some spreads are so wide and others aren'
t? Or are the less tight spreads situations were there is a human counterparties on the book?
bgupta: You guys don'
t even directly compete, so that makes comparison even harder. Anyway this is turning into a bit of a rathole.. IE: we are probably not going to change each others opinions.
mircea_popescu: obviously he doesn'
t have a prayer in hell to compete seeing how he handles < 1k and i do over 1k. of course my service would be better.
bgupta: (I was third level support, and it generally took a long time to get to my desk, and if it did it wasn'
t trivial to solve.
mircea_popescu: then again i guess that's asking a little much, they probably don'
t have the technical ability to do anything other than read tickets from their host.
bgupta: I don'
t read "when issues are not simple user-specific issues (or linked to an outage)" as "when issues are not simple user-specific issues that are linked to an outage"
bgupta: I don'
t yet see evidence of outright lying.
bgupta: they didn'
t say everything.. they said most.. my take is if they handle more than 50% in 20 minutes… that means that statement is correct.. the rest could take weeks/months.
bgupta: which isn'
t really something to brag about
bgupta: Your evidence that they lied is a post from you claiming that they lied.. oh, mpoe-pr isn'
t you?
bgupta: "I won'
t bother to compile the endless list of proof to show you just lied" Why not?
denialdenial: bit coin didn'
t invent the problem and it sells itself
denialdenial: whether that market is real or artificial doesn'
t matter
denialdenial: all of these things feed off each other. what hasn'
t kept up is the supply
bgupta: I don'
t think we need to exchanges. perhaps more money changers
bgupta: well.. they've said they can'
t handle ddos attacks
denialdenial: because gox is asingle point of failure and it can'
t handle the load
bgupta: wouldn'
t it be better to get that correction out of the way and then let it try to stabialize?
denialdenial: they updated their bitcoind on their pool but didn'
t let the db reindex first
bgupta: I don'
t think so… if there were a crash, I think buyers would come out in droves..
bgupta: Don'
t know about a good channel, but you are in a channel. ;)
mircea_popescu: "our system did something we don'
t know why it happens nm we'll undo it manually"
mircea_popescu: for instance, when someone promises something and then they don'
t deliver on their promise, even if they're chinese
mircea_popescu: ChaangNoi they still haven'
t got 12 th online you know
dub: don'
t care that I paid $13k for a non existant asic
mircea_popescu: i can'
t understand that retarded bets of bitcoin dood.
Bugpowder: BTW - mircea_popescu, Rassah actually ISN'
T my friend.
Bugpowder: I am just amazed that the super early adopters don'
t sell at least a little.
cole_albon: mircea_popescu I don'
t think I've seen an s.dice dividend yet have I?
Lyspooner: there is a bitcoin foundation and it doesn'
t benefit anyone
bgupta: well like 90% of new businesses that have nothing to do with btc fail.. Just because it's btc related shouldn'
t make that change.
Lyspooner: that's like your third metaphor that i don'
t find sufficient
mircea_popescu: you don;'
t know who the second guy to discover newton's law is.
MJR_: since bitcoin is rarely used as a unit of account, people don'
t pay rent denominated in bitcoin, or have salaries denominated in bitcoin
MJR_: can'
t you pay with a regular bitcoin addresss
MJR_: i hope they don'
t get hacked...
MJR_: when asked about volatility he said "bitcoin is more valuable than dollars, i don'
t care about volatility"
jurov: [\\\] im using vircurex, didn'
t eat me so far
unbalanced: I blame Austin Powers... can'
t trust the Dutch.
cryptrader: Yeah I'm just realizing it myself btc isn'
t the only and diversifying only makes sense
mircea_popescu: cryptrader tell you honeslty i don'
t know. i've never been into the alt chains.
MJR_: didn'
t think there would be any this month
[\\\]: I know mtux runs gox, that doesn'
t mean anything
[\\\]: that doesn'
t do anything for me
MJR_: and glitter that can'
t be gotten rid of? lol
deadweasely: well, i'm down to whoring for btc since i can'
t actually buy in anymore on the borked exchanges
gwillen: I don'
t think anybody is shocked if Avalon is a HardCopy
mircea_popescu: asciilifeform because lazy bums such as yourself haven'
t taken one apart to prove this.
jcpham: pham> are you suuuuuure he isn'
t reading from a script you manipulator, you
jcpham: are you suuuuuure he isn'
t reading from a script you manipulator, you
bitesak: i would like to do something like that and have my node online. that wouldn'
t even cost much at all right?
mircea_popescu: what the hell. law abiding isn'
t being a whimp, in the vast, overwhelmingly majority of cases.
pgp: if your a bank, you don'
t need to develop ATM technology
MJR_: at the end of the day, if you can'
t even handle data...please for the love of god don'
t try and tackle hardware or supply chain management (looking at you BFL)
MJR_: they don'
t have armored trucks coming for that...and of course i'd limit it to $20 bills only...in and out