log☇︎
128900+ entries in 3.323s
mircea_popescu: if you can't kill your girlfriend with it, it's virtual. also known as rule of thumb.
smickles: i don't see anything virtual about that
smickles: i don't think bitcoin is a virtual currency anyway
smickles: pay me back first, but srsly, don't
pigeons: and don't forget the mighty https://assets-otc.com/
ErebusBat: So I can't really use OT for anything today?
mircea_popescu: im not gonna be the first taking 15yo's to be thrown off rocks, but i can't deny sparta had a point somewhere in there.
pigeons: well to be fair, it wasn't the act of intending to comply with regulations that brought the regulators down on them
Luceo: If the legal system wasn't in the 1900s, and unable to work with Bitcoin, and with small financial services providers, then we wouldn't have these issues
ErebusBat: ^^^ I don't nessecarily disagree, but taken out of context that is a very bad thing to have in a news clipping (or courtroom)
mircea_popescu: Luceo i ain't sayin anything :p
mircea_popescu: PsychoticBoy just don't run it like glbse.
Luceo: And the big governments don't tend to get that far
teek: DeaDTerra: so then you don't know the situation
mircea_popescu: genjix aren't there some coins you folks stole with bitcoinica taht need to be dispensed ?
ErebusBat: genjix: If ther eis govt intervention it doesn't matter one lick if nefario was legit or not
mircea_popescu: taking a positive look on things, this chan passed 100 users now, so can't be all bad.
smickles: mircea_popescu: i hadn't heard that they sold yet
jcpham: if no one was given any notice, it isn't good
mircea_popescu: the ideea is you prepare for contingencies so you don't have to cuff it.
ErebusBat: mircea_popescu: I don't get the point of that thread. GLBSE closed down because of pressure from goat?
copumpkin: usagi: don't panic, the records of what you own are still intact, I'm sure, and you can settle your ownership with the asset issuers
mircea_popescu: well if that helps anything, strateman, taaki & co haven't "gone anywhere" either. they're still around
mircea_popescu: nope apparently doesn't work.
smickles: BurtW: it wen't offline, says it'll have info on saturday
DeaDTerra: He doesn't seem to be going anywhere, though he can't comment on anything until Sunday (probably legal reasons).
DeaDTerra: I got a answer from Nefario. He can't comment on the downtime until Sunday.
Bugpowder: GLBSE is offline For those worried about their bitcoin, please calm yourselves there has been no hack and your coins are safe and all accounted for. I apologize for the lack of notice and the downtime, but there isn't much choice. We will update our users on Saturday.
mircea_popescu: i guess them folks ain't seeing it back.
mircea_popescu: wasn't he borrowing off people at his conference ?
FledNanders: rg: I can't get my funds... I consider that lost.
rg: you didn't lose anything
FledNanders: rg: Do you know something we don't?
mircea_popescu: noob didn't know he has to say something
asa1024: I'm so owned but oh well shit happens I didn't lose much
jcpham: now i don't care
smickles: it can't be good ne3ws
jcpham: if it wasn't a bank run it's about to be
smickles: rg: why doesn't running bitcoin-qt thru a socks proxy to my vps work very well?
copumpkin: I don't think it's really possible to make any legal calls here :) your guesses would be more educated if you were a lawyer
copumpkin: and now people are holding the occurrences where he didn't step in against him
imsaguy2: safe harbor doesn't apply if the creation itself is illegal
rg: i liked it when i didn't have to do anything
rg: he's like a pirateat40 who doesn't scam you
smickles: mind if I ask why you can't hold onto it?
jcpham: if you can't trust a guy named nefario, who can you trust?
mircea_popescu: http://trilema.com/2012/bitpay-and-the-magical-email-confirmation/ sooo bitpay doesn't actually do opt-in
mircea_popescu: rg why wouldd i do that lol. you just don't spend it!
mircea_popescu: "At the moment, we don't see the virtual currency market as a good
BTC-Mining: I mean, you don't manage a fund just for the fun of it...
mircea_popescu: not even sure its a problem. this isn;'t the thing should be done "for fun"
BTC-Mining: You don't earn much
BitcoinBear: oh, I hadn't heard that
BTC-Mining: Aye. It doesn't pay much however.
mircea_popescu: it's not black in the sense it doesn't allow listing of shit. it's black i nthe sense it really doesn't care who calls himself "government"
mircea_popescu: <BTC-Mining> GLBSE will move toward more MPEx like standards, << this can't hurt anything
BTC-Mining: I don't know tho...
BTC-Mining: smickles, american regulations don't matter much if it's a UK market and regulated as per UK laws... americans on GLBSE would be trading on a foreign market.
smickles: what countries don't have securities regulations?
smickles: you don't know the regs in 'merica
smickles: hasn't it already?
BTC-Mining: I don't know for sure, but probably
smickles: rdponticelli: you know what smickles means, don't you?
smickles: s2cm hasn't closed
BTC-Mining: Only reason I don't run funds by the way is that would interfere with my personal portfolio and I don't want to keep track to not cross-trade.
smickles: SS? well, !pl won't work for ss
mircea_popescu: i don't understand. how can it trade at 1.25 if you have wall at 1.26 ?!
rdponticelli: And who obviously doesn't know about the buyback...
mircea_popescu: you won't be saying that once btc = 11million
smickles: kakobrekla: i think i get it, but I wouldn't say I'm confident in my understanding.
smickles: 650ish shares of _treasury_ stock (the stuff that doesn't get bought back b/c it's already in company hands)
BTC-Mining: I don't have much ethics I guess then. I buy my own issue when I see orders too low.
mircea_popescu: lol peopel didn't really invest a lot in the good stuff, did they.
mircea_popescu: "unlike the evil bitcoin people, who aren't invested, even tho they work for it and can spend it"
mircea_popescu: i didn't know anyone could be this stupid
Azelphur: I havn't heard your voice
mircea_popescu: you know most people with a degree don't verbalise what they read
mircea_popescu: [Local Rules : Anyone can post in this thread, even people who are confused over their gender, can't do basic math, view failure as doing well and in general lack any idea of how to run a business]
mircea_popescu: if they can;t find the email / irc in the faq im too beelitist for them.
OneEyed: mircea_popescu: I just realized that on your post, you don't answer the "how does one list on mpex". Shouldn't you at least give an email to use to propose you a new asset for MPEX?
OneEyed: mircea_popescu: I haven't read it before
Ignatius-otc: so mircea_popescu I was reading your recent post ( http://trilema.com/2012/how-does-one-list-on-mpex/ ) and can't help but wonder about potential listing son mpex. per the guidelines listed virtually no businesses qualify
GamblingMan: Now I can't even get a crap recommendation...
GamblingMan: I guess he doesn't like giving investment advice now?
mircea_popescu: i have no ideea, i don't follow that much.
OneEyed: GamblingMan: I won't, you told me it was a bad deal :)
mircea_popescu: GamblingMan your input wasn't really solicited in the matter.
mircea_popescu: GamblingMan suppose it doesn't want to send them w/o a fee.
GamblingMan: Strange that a site like Satoshi Dice can't figure out how to send transactions with no fees... That is beginner BTC stuff.
OneEyed: GamblingMan: one doesn't always get what he wants
OneEyed: I don't gamble :)
GamblingMan: I don't need you to do it for me.
OneEyed: copumpkin: don't they know the random numbers in advance?
GamblingMan: You won't be able too...
copumpkin: GamblingMan: nope, but isn't it verifiable on the blockchain? they don't provide their own randomness
jcpham: mpex isn't a scam as far as i know
GamblingMan: Not sure why I thought it wasn't a scam, being listed on the Mpex
OneEyed: Ok, so eating a big plate of French fries makes you more efficient while you're digesting than eating a salad, right? Can't believe this :)
midnightmagic: GamblingMan: Didn't you read what the channel founder said? Free-for-all in here.. lol
OneEyed: Smoovious: didn't mean you wouldn't have done a good job