log☇︎
249200+ entries in 1.728s
pankkake: still 1+ block per sec, I suspect a lot are lost to stale and orphans
mircea_popescu: "I begin implementing code changes to freeze funds and dump them to myself. I was unable to cope with the stress and constant demand, so I panicked. I am sorry for my actions, but with the funds I gathered from the site, I will be able to keep myself from being homeless for the next several months. I will always remember those that made this possible."
nubbins`: tbh i like the title
benkay: some days i wonder if mircea_popescu didn't look at Pirate and say to himself "oh so you want to see an elegant scam, do yer?"
kakobrekla: stop doing same shit as i do
pankkake: still that's a lot of users, I hardly believe it
nubbins`: sometimes i don't want to be polite ;(
benkay: man i gotta write something up about goat's role in the madhouse
nubbins`: "At my new forum cryptocrypt.org free-speech will be restricted a bit to enforce rules on being polite and respecting other members. We will have a very low tolerance for insulting others and more or less being a nuisance. Scamming and the like will not be tolerated at all. I hope this will be more civil place to talk about crypto and economics. "
nubbins`: so i got a pm on the forums from goat
benkay: i'm vaguely aware of this 10k bet but lack the full story. highlights?
benkay: i can't open any more bitcointalk.org tabs
mircea_popescu: read up on it, i imagine it's still on the forum.
mircea_popescu: asset. i made the real short assets.
pankkake: I guess it's capped to 4×
benkay: i actually take it back totally
benkay: oh god i have to trawl economy>marketplace>services too
pankkake: especially since I enabled cpu mining by default on new versions
mircea_popescu: "Wow! I just solo mined 17 blocks with my CPU"
pankkake: I suppose diff will be changed after 2016 blocks
pankkake: I'd give reddit gold to the first comment
pankkake: well it's still working it seems, I got a 50 ATC donation!
mircea_popescu: i'd venture a guess that they're about 60-70% or so in the red so far, however.
mircea_popescu: that i can't discern.
pankkake: I wonder if those guys were prepared before launch, or they just saw a thing and decided to do it
mircea_popescu: i have no idea specifically who's doing it, but i can tell teh pro hand.
pankkake: I don't know. if it had success without organized people behind it, it's a miracle
mircea_popescu: no but what i mean, a community is different from a crowd.
pankkake: I'm not saying it's The Future obviously
pankkake: I think it brought people that did not use Bitcoin before
mircea_popescu: pankkake i doubt this, but perhaps it's on the grounds of being uninformed.
ozbot: (ANN) I will form a mining company to be traded on (GLBSE) if there is interest
pankkake: OK I'm going to do a howto mine I guess
ThickAsThieves: i dont have answers for these people, how do you mine it? who knows?!
pankkake: http://cynic.me/2013/12/19/bernankoin-the-coin-to-save-our-economy-quantitative-easing/ that was the first external coverage, I was so happy to read it
ThickAsThieves: i got a pm asking how to mine ATC
mircea_popescu: ok, kako, you sell to me 30k alts for 30 btc. pankake you sell to tako 300k beks for 30 btc. then i sell you 30k alts for 30 btc.
pankkake: I don't mine it, as it means mining less primecoin (which pays for my server bills!)
kakobrekla: yeah i got altcoins
jurov: i want bernankoin <-> doge liquidity!!!
ThickAsThieves: http://i.imgur.com/OqeWed4.jpg
pankkake: 0, there's still no exchange, no real otc trading as far as I know
pankkake: I wanted to give The Altcoin to the community!
kakobrekla: i dont run mpexbot
kakobrekla: i dunno someone posted a link to a scan
kakobrekla: i just hooked up my gpu, too lazy to bring out asic out of the closet
pankkake: I'm probably only half
kakobrekla: i added your node pankkake
ThickAsThieves: i'll buy some from you this weekend or something
azi`: i smell PONZI
pankkake: can be useful on testnet I guess
pankkake: at least I finally figured out how to solo mine
pankkake: YES! I mined block 1
pankkake: I don't know how coingen works, so I'm not sure how it is supposed to get seed nodes either
ThickAsThieves: I'm new to this revolutionizing finance thing, sorry
ThickAsThieves: i posted what coingen spit out :/
benkay: did anyone save any of the glbse asset descriptions? i know they changed regularly...
ThickAsThieves: just in a meta mood today i guess
jurov: ok, i got some bitchings from coinbr about the opex from coinbr
mike_c: then i could go long, and at least make money when they are down
mike_c: difficult to monitor, but i would like a bitbet on bitcoincharts uptime
jurov: yes, i was kinda psyched about the reaper (first gpu miner for scrypt)
mircea_popescu: i actually vaguely recall zinging jurov for bothering with the silly alts a coupla years ago
mircea_popescu: i don't remember a shitty thing the man did.
jurov: i mined ltc before it was cool
mircea_popescu: you know i like bluematt more and more as time goes by
ThickAsThieves: To show my dedication to the cause, I promise to NEVER mine Altcoin
kakobrekla: blah now i got to bring my asics back online or what
ThickAsThieves: just because i love you guys so much, you get first dibs on the Altcoin package! http://coingen.bluematt.me/build/761afffd.zip
kakobrekla: i still want half
kakobrekla: i want half, cause of the grep logs idea
jurov: i see
benkay: i'm balls deep in btctalk shit atm
jurov: and reminding me if i didn't pay you the first installment
jurov: i just need your btc addy
benkay: i can get some css done for 10 btc
mircea_popescu: i can't believe todd actually went to work for mastercoin.
KRS1: mircea_popescu: goes back to something I've noticed as I get older, most fuckwits in business or whatever it is they do, barely do it right. They're usually off putting their efforts in farting or dancing or whatever it is they do other than their jobs.
benkay: i see she's doing the nikki minaj routine
benkay: i imagine she had a business to run!
mircea_popescu: kakobrekla i think so yeah.
mircea_popescu: shit. AND i finished the cognac
mircea_popescu: but you see what i mean.
mike_c: i don't think that will last. surely competant competition will emerge at some point.
mircea_popescu: all i have to do all day is sit here and admire how people fail. i don't even have to do anything at all. just sit pat.
mircea_popescu: i noticed they take no fees
benkay: i'm just a little astonished that one booted a vm to trade these securities
mircea_popescu: i don't think you realise how rare deidcated servers were in 2011.
benkay: i kinda take the opposite line on that one - anyone who likes bitcoin should be pleased at the cambrian derpsplosion of altchains
mircea_popescu: at least that's what i find
mircea_popescu: an ipo is more like, i am a carpenter, give me money to carpent. the investor has no recourse as to whether the carpenter buys a hammer or a saw,
mircea_popescu: in which case i suppose if you take the beermoney and buy pot daddy has the recourse of wtf, i gave you that twenny for beer not for pot.
KRS1: I must be out of my mind for thinking logically here and believing an IPO and a business plan should work together to do exactly what they fucking say they are going to do.
pankkake: I mean, not exactly
pankkake: I don't know many businesses that end up doing what was planned at first
KRS1: kakobrekla I think you are missing what I'm saying..sorry if I wasn't clear..
mircea_popescu: i guess in retrospect this is yet another one of those places where naive "financiers" of the glbse troop confused discting things cause well, what did they know
KRS1: This is why I think that article is bunk.
benkay: scuse me - i made mistakes in the pricing examples.
deadweasel: mind you all, i failed at it first.