log☇︎
120200+ entries in 3.124s
mircea_popescu: except it wasn't the market,
mjr_: i don't know, they could have been sheepishly following
mircea_popescu: so it still doesn't escape the central planning issue.
bgupta: mircea_popescu: You are correct I don't understand.. I only understand the technical issue with the fork, not the economic or social implications.. is there a more theorough analysis out there?
mircea_popescu: buyt this doesn't change the fact that it's broken.
mircea_popescu: bgupta you don't follow.
bgupta: I don't plan to use btc/fiat echanges any time soon, at least not gox.. as I'm in US and the whole rcoinlab thing seems a shame
bgupta: I imagine that folks that need to move large amounts don't use standard gox
mircea_popescu: private as in i know about it, you don't.
mircea_popescu: i don't know what street has to do with anything ?
TradeFortress: you'd see all the "LTC is faster!" guys complain that their TX isn't making it into a block
mircea_popescu: i don't much care either way.
bgupta: well, tux said it would be easy to do, but didn't say he would.
bgupta: sigh for most of that apike and drop mpex bots weren't quoting..
mjr_: and they don't wait 5 minutes for an order
mircea_popescu: no. i just don't want it to bubble.
bgupta: options bots weren't quotin
mircea_popescu: on the other hand if the bot can't get price feed it won't quote
bgupta: lag means you don't know trades were executed until some time in the future?
bgupta: well one thing to perhaps look at is how btc traded after crossing 1USD and 10USD pyschological barriers. Haven't looked too closely yet.. as I'm pretty sure marekt conditions were quite different.
mircea_popescu: can't sit and not say anything.
bgupta: N vs T?
bgupta: need a market maker, to facilitate trade, and there aren't enough humans writing options
bgupta: a lot of these don't have a bid or an ask.
unbalanced__: Exactly... I can't see who in BTC land would have any interest in seeing it go down.
mircea_popescu: a whale doesn't have any particular interest in fighting the tape.
mircea_popescu: iirc they were making plans to have 12th online in january, still ain't happened.
ThickAsThieves: http://bitbet.us/bet/356/a-third-competitor-company-to-bfl-and-avalon/ Isn't Asicminer already making plans?
nanotube: there are random asteroids and stuff, but they are small enough that they don't even have real names. :P
burnside: send an email out to everyone that hasn't claimed.
jurov: hope we won't reach Eris/Dysnomia someday
mircea_popescu: jborkl send him an email "don't delete my key and list with mpex" lol
jborkl: reminds me I need to send him a email, don't delete my key
mircea_popescu: jborkl afaik gerald = d&t neh ?
Bugpowder_: why take investors if you don't have to?
Bugpowder_: No reason he can't just bootstrap his company with his revenue
Bugpowder_: feel sorry for all the competent noobs that can't get a bitcoins direct account
assbot: I don't know those people, and they don't look very friendly.
KRS1: i mean..i don't know what i'd do..
Lyspooner: something like RockUSD doesn't
jcpham: "i really like where gold is headed, but my aunt said i shouldn't because she likes the color of silver"
mircea_popescu: im surprised they didn;'t invite taaki
Lyspooner: so tell me the people weren't intrigued
guruvan: fuck - at this rate I wouldn't be surprised to wake up to $200 BTC and $20 LTC
mircea_popescu: i actually do speak it, but i didn't get past the pagesized bicoin pic with a watermark on it
mircea_popescu: he's like "dean, don't worry, we'll tell you what happened tomorrow"
mjr_: tesla's aren't that hot...and even the avalon was not running crazy hot last time i sat next to it
guruvan: I just can't imagine mining with my workstation - I want a computer not a heater.
guruvan: (though, I haven't run the numbers @ current diff & exchange rate)
mircea_popescu: moldbug still hasn't got his ballsack together to answer incidentally.
mircea_popescu: given all this, it shouldn't surprise they're not capable of reading a text (in this case the finra guidance) and summarize it correctly.
mircea_popescu: fact of the matter is vast majority of journalism today is done by people who couldn't find a job elsewhere
mircea_popescu: maybe dood doesn't want his addy up there.
mjr_: they can't handle bitcoins but want to get litecoins too?
Lyspooner: oh please don't throw me into the briar patch
jcpham: I can't
jurov: mircea will crash it. so that options won't need renaming again
Lyspooner: you posted not too long ago, mircea_popescu, that these types of monthly gains shouldn't be that surprising if this crazy currency was to become widely accepted
jborkl: I don't use them so IDK how they do payouts
jcpham: nope it isn't there
jcpham: don't want to share that one
jcpham: it isn't right
dub: 't done any maint on it in a long time
jcpham: that isn't showing on blockchain
Bugpowder_: saulimus: not sure, wasn't watch closely
Bugpowder_: because then you don't push the price higher until the wall falls
Bugpowder_: mjr_: but deposit requirements increase for puts that are deeper in the money. I haven't yet figured out the optimal play there.
bitesssak: do you mix the 2 Bugpowder T & N?
unbalanced: I don't think steady will happen this month.
mjr_: don't even think it was bitcoin related either, very cool
sturles: The litecoin price is just silly. It is not beeing developed, isn't used and has 4 times the supply of Bitcoin (and Namecoin).
smickles: (rather, at least 20 min. i don't really keep it displayed past that)
smickles: too bad orkaa isn't ~kakobreklaa@188-230-165-22.dynamic.t-2.net, 'cause it would make a tight circle since kakobreklaa is ~orkaa@89-212-41-49.static.t-2.net
[\\\]: lol. they aren't and you aren't my friend.
[\\\]: if you don't trust the people that have given the high ratings, they mean nothing
taub: bitcoin-24 doesn't use transactions in it's database
microhxo: Now another friend wants to buy on coinbase (I know we discussed they are noobish, but they link bank account immediately) and they aren't available to sell till friday.
mircea_popescu: this isn;'t random, this is the strongcoin list.
mircea_popescu: so far it hasn't neeh ?
jurov: you uncover not yet sent transaction to BTCS&T
mircea_popescu: "I personally wouldn't touch anything outside of S.DICE, S.MPOE, S.BBET and ASICMINER."
jurov: they still can't get electronic servics right
jurov: at least it's clear it wasn't written by mircea :DDDD
mjr_III: don't know why I find women who can speak intelligently about finance so damn sexy, but I do
mircea_popescu: jesus i can't believe i fucked it up again.
BingoBoingo_: Oh, shit Wall Street ain't found bitcoin yet and we broke $100
ThickAsThieves: they won't
mircea_popescu: im sorry, i can;'t get past the unfounded assumptions and general illiteracy of the author.
mircea_popescu: well basically... i can't access it.
bgupta: start you free trial now? this site isn't a paywall site in the us?
mircea_popescu: this is pretty much the only way to judge, in my eyes. I don't care about absolutes, i wish to conserve the same percentual value.
bgupta: can't forget the effect that slavery had on the economy as well.
mircea_popescu: hum, wasn't it much larger ?
bgupta: Ok one egg, is a bit.. mmm.. hyperbolic.. you can't really even buy one egg with fiat, in most markets. (They are typically sold by the dozen).. The point is bitcoin isn't rally a good currency right now, but it does have attributes which could allow it to become one..
bgupta: google shares aren't a great currency either
bgupta: right, hence my arguement that it's not really a great currency… but it doesn't have to be to be a great thing to invest in.
mircea_popescu: but that does not mean that your google shares aren't what your eggs are ultimately bought with
mircea_popescu: you notably can't buy eggs directly with google shares.
bgupta: So in that case, buying btc, seems akin to buying shares in the new world order. And if we aren't ever envisioning a future where one can buy eggs with btc, (even when 1 btc is worth a wheelbarrow full of fiat) there is a problem. We'll need (and probably will) solve the blockchain spam problem.
bgupta: You'd be surprised how many that is.. with the gov't borrowing money like mad.