log☇︎
195400+ entries in 1.493s
ThickAsThieves: i think i have a brett hull rookie
ThickAsThieves: i still have all his cards somewhere i think
ThickAsThieves: hey i was a big fan
ThickAsThieves: when i was a kid, the elder generation thought baseball cards were good investments
TomServo: Doh, I missed the 'in btc' part - for shame.
TomServo: I've wondered about this too - what are the arguments against guns, jewelry, land?
nubbins`: actually, i can't think of any other examples where the value of something in btc steadily increases over time
ThickAsThieves: i wonder if they considered mapping thay logic to themselves
ThickAsThieves: http://www.reuters.com/article/2014/09/11/us-britain-boe-bitcoin-idUSKBN0H61ID20140911 funny i read the BoE thing and got a positive impression
mircea_popescu: i keep betting all on black and winning
mircea_popescu: asciilifeform suppose you run a casino, and i come and play with a dollar.
mircea_popescu: i suppose satoshi dice too, in a marginal sorta sense "either you sold at a profit or held for no loss" sorta thing
mircea_popescu: i suppose in the end one can count the poroductive btc investments on a hand
ThickAsThieves: i guess AM maybe was best rise
ThickAsThieves: well, i think of the added force the impose to not sell your coins ☟︎
assbot: Logged on 14-03-2014 20:49:27; asciilifeform: turns out that the instrument i proposed for raping casascius coins is available commercially:
nubbins`: i think it's just plated
ThickAsThieves: i think part of the bfx shenanigans lie in how they display one decimal place for USD in orderbook, but allow orders to specify 2 places
mircea_popescu: i like mcdonalds otherwise too :D
ThickAsThieves: i do like bfx otherwise tho
mircea_popescu: ThickAsThieves i won't without a submissive government, and then it'd be btc/that fiat.
ThickAsThieves: i wish you offered BTCUSD trading in some capacity
mircea_popescu: but hey, why should i worry about that :D
kolinko: ThickAsThieves: how is it heating up? where can I track news? (thx for answering all the basic questions)
ThickAsThieves: i watched these new chinese futures a lil and its basically being traded like btc, no real future sentiment at all
mircea_popescu: <ThickAsThieves> i suppose itd just be redistribution of whatever actuall btc were in the systems << bingo.
ThickAsThieves: all i'm saying is if BTCT didnt close i woulda sold them shits!
ThickAsThieves: i suppose itd just be redistribution of whatever actuall btc were in the systems
ThickAsThieves: i wonder if more loss was caused by gov influence to shut down btc exchsnges, than if they remainded open
ThickAsThieves: i never intended to hold the bonds long term, it was just a risky trade. btct closed while in the process of selling em off...
ThickAsThieves: not that i expect to see it
mircea_popescu: isn't this the "uk busineswoman" of great repute that i "viciously attacked" for "no good reason" last year ?
mircea_popescu: asciilifeform lol i guess.
xmj: I dare you.
asciilifeform: 'I turn the page on the excuse sheet. "SOLAR FLARES" stares out at me. I'd better read up on that.'
mircea_popescu: i thought that was my stated perspective all through.
xmj: fluffypony: progress is going well, i suppose?
mats_cd03: good timing, now i feel like an asshole.
kolinko: (what's the etiquette if I'm going afk? !down to assbot ? )
mircea_popescu: dude i had forgotten what a nice ass penny ford has
thestringpuller: nefario: "I have this great idea guys. It's called GLBSE"
mircea_popescu: i wonder how long that takes lol.
mats_cd03: oh wait... i think i'm referencing the wrong thing actually. seppeku.
mircea_popescu: RagnarDanneskjol o hey nice, i had no idea it's floating around
kolinko: I totally am, that's why I came to you guys to talk and learn
mats_cd03: not to be a douchebag, or anything, kolinko, but i am reminded of this American serial Boardwalk Empire
jurov: i'd vouch for assbot to be included
mircea_popescu: no this is starting to sound better and better. i hope they make a mars lander.
thestringpuller: i need about tree fiddy
mats_cd03: i can't tell if you're trolling anymore
mircea_popescu: punkman barney frank, of "i fuck little boys" fame, comes to mind
mircea_popescu: well i guess mpoe-pr was a hero... member.
kolinko: :) oh come on, you know what I mean
mats_cd03: unless i have a handler that knows where they live, who their friends are, where their assets are kept, trusting that many individuals seems a tricky proposition. trusting just one is hard enough
mats_cd03: tell me why i would trust even 8 of 15 folks in this system
kolinko: I'm not saying this is the best possible solution, only that it might be the most practical one
mircea_popescu: "the limit some idiots put in is 15 so now i'm going to make it part of my brain" ? what is wrong with you!
mircea_popescu: "o i know, instead of specifying this "hairball" we keep blaming on satoshi... how about we add... MORE MAGIC NUMBERS!!11"
kolinko: mats_cd03 didn't know about that. any link to the story? (or I can google)
mats_cd03: what is with you and this magic 15 number. i don't get it
mircea_popescu: mats_cd03 i maintain it's free money that did it.
kolinko: i.e. each of the 15 operators provides the btc price, and the average is chosen after throwing away the extremes
mircea_popescu: i'd rather trust their fixing than exchanges.
los_pantalones: i'll sell to you on whatever platform you want
kolinko: otc is hard to do automatically/hard to scale, or am I wrong?
mircea_popescu: or i guess by trading the x.eur delivered future, if you can actually take delivery.
kolinko: let's say that I wanted to build a business that relies on options... a web wallet that maintains the users' bitcoin balance stable in relation to usd (e.g. I put $100 worth of btc into the wallet, and after a year I'm almost guaranteed to be able to withdraw $100, regardless of bitcoin price)
ThickAsThieves: i know the concept, but how do i see the point?
ThickAsThieves: so at first i was frustrated at this 1bTCXE trading challenge because basically what it is is they gave everyone a fake account with half BTC / half USD credits and people are set wild to trade the assets. However, there is no tie to the real market so it's mostly a psychological/economical experiment. In this case, is there theory on how such a market would play out?
mircea_popescu: i wouldn't.
kolinko: what I'm really trying to figure out is whether people would be willing to try such a system
kolinko: you're nitpicking. what I meant is that it doesn't matter who created the list and how. what matters is whether the list really contains gpg keys of the people, and whether the people on the list want to participate
ThickAsThieves: why are we making lists and giving things to 15 people? i guess i better read the logs, is this OT or something?
kolinko: what I meant is - if you have a system of 15 parties, each one of them signing messages with their own gpg keys, that can be quite secure against the sybil attack. the attacker would have to steal keys of 8 independent parties.
kolinko: the idea for the distributed contract was that if I want to build a business that relies on options, such a business shouldn't rely on a single individual/company
kolinko: mircea: I'll read the misc in a sec. as for your volume - I know it well - I'm your user since 2012 iirc
RagnarDanneskjol: oh i see nao
kolinko: mircea_popescu - confirmation that I'm the appcodes kolinko: twitter.com/kolinko
kolinko: and I'm thinking of building a bitcoin smart contract for put/call options
mircea_popescu: if you prove that i'll rate you, then you can self voice
kolinko: I founded Orisi two months ago (orisi.org) - it's a framework for building smart contracts
mircea_popescu: nubbins`: http://i.imgur.com/qEfxrXP.gif <<< bwahhah cat magnet
fluffypony: I was going to go for greenpeace
nubbins`: http://i.imgur.com/qEfxrXP.gif
mircea_popescu: (i mean the whole monologue, not just the one line)
mircea_popescu: http://log.bitcoin-assets.com/?date=11-09-2014#825979 << this is like the first intelligent thing i've seen xmj say, but it is impressive. ☝︎
mircea_popescu: thanks i plan to spend a lot of time here
mircea_popescu: i can arrive at a formulation of what the op thinks that i can integrate, it just takes an op that can answer questions for long enough :D
mircea_popescu: this is a purely logical approach, i have nfi of how it practically works
mircea_popescu: jurov i dunno, i'm trying to clarify this claim.
mircea_popescu: can i craft blocks and announce them so that the entire fucking network ends up graylisting each other
mircea_popescu: this isn't what i meant earlier.
fluffypony: when I graylist you then you have to reconnect to me from a new peer and submit a bad block
mircea_popescu: you can't ? (i dunno, i'm asking)
fluffypony: I have 12 peers connected to me
mircea_popescu: i can't see you :D
mircea_popescu: but it does work i nthe sense of, graylist dos.
fluffypony: well that's what I'm saying - the block flooding DoS doesn't work
mircea_popescu: can i use this to graylist everyone ?
mircea_popescu: BingoBoingo you feel like reading up on all this crap and produce a summary ? but i mean a good one, like a disertation level thing.