log☇︎
263000+ entries in 1.943s
markov: so you guys think karpeles lost keys rather then a hack?
markov: eastern europe also has a reputation for cc hacking/fraud
mircea_popescu: jurov amusingly, romania had a published (but not public) policy of allowing open immigration for israelis should they need it
dexX7_: sounds like a solid plan
markov: its quite a shame that i have nearly 300 goxBTC
mircea_popescu: course, sovereign debt is quite a differen story.
mircea_popescu: dexX7_ you know, p e singer made a few millions that way
davout: now. a couple at most
mircea_popescu: pay 1 btc or less on a lark, i can see. like you'd buy a lottery ticket
mircea_popescu: discerning the grain from the chaff is a full time professional endeavour
markov: bitcoinbuilder is run by founder of dreamhost -- he has a positive reputation -- if that means anything
mircea_popescu: dexX7_ because their accounting was a complete mess, and because they never followed the an0 spec, things that'd be normally deductions have no scriptural basis.
mircea_popescu: dexX7_ part of it was lost to the usg, as a result of karpeles signing false documents
mircea_popescu: markov for a long, long time.
cazalla: i don't own enough so the removal of 750k would at least push me up a notch albeit a small nudge
mark0v: seems like there was a hack early on, and everything since then has been an attempt to make back coins by speculating
dexX7_: the crisis paper also states a miss of 55 mio usd
mircea_popescu: it's a good idea to read the logs.
mircea_popescu: you know, i ended up repeating this pretty much twice a day because nobody reads logs.
mircea_popescu: jurov i guess i'd just use a diff name
jurov: so, you have yor bases covered... but if you started developing retardation treatment drops, i'd be concerned a bit :D
mircea_popescu: jurov thee's a lot of stuff. Pharmaceutical preparations for the treatment of pulmonary, inflammatory and infectious diseases ; Management and organization of multi-purpose exhibit showrooms for others ; Electric and electronic video surveillance installations.
mircea_popescu: you can't hold a trademark on people's legal names against their use thereof.
mircea_popescu: the only thing is the bitcoin trademark, which was IDIOTICALLY assigned to mtgox by people without a clue
mircea_popescu: everyone takes a 100% loss.
davout: i'm also kinda wondering whether it'll be a 100% haircut on BTC for everyone, or some lower number
jurov: that would be a tech feat, fitting so much data there
davout: should get printed out and sold like a bitcoin almanach
mircea_popescu: well if she ever writes it have her drop a link here.
mircea_popescu: you want to make a tube 4 miles long ?
mircea_popescu: i can't imagine a better metaphore for bitcoin
mircea_popescu: i think we have a decent sf novel premise here.
mircea_popescu: it just sits on the bottom of the sea, like 3-4 miles long, half a mile thick sort of catfish
mircea_popescu: anyway : aircraft easy to spot. a well designed sub is impossible to spot.
mircea_popescu: a robot nuclear submarine is perhaps one of the best power projectors available.
mircea_popescu: what for, to buy a senator ?
benkay: everyone knows i'm only peripherally interested in technology as a tool to make shitloads of money.
mircea_popescu: benkay you're clearly a traitor to the holy cause of geekery.
mircea_popescu: asciilifeform: 30k buys jpm a senator. it buys a somali 100k rounds of 7.62x39. it buys you: a toyota. << this is not exactly correct tho. consider : i have three girls, they kinda like each other. like-like. they share an appartment, we sometimes fuck. the whole shebang costs me maybe 30k a year. prolly less.
mircea_popescu: kinda curious how the dev thing (as a cultural construct mind you) will fare.
benkay: ya well there's a reason there's basically no technical literature on the company site
benkay: i actually may have hammered into the heads of some folks that maybe the 'dev team' is a joke
benkay: errybody's all "hey benkay benkay what ams a bitcoin eh?"
benkay: at the bar on the tab of some poor company with a business model and shit trying to recruit developers and whatnot
mircea_popescu: i guess i ended up self-employed in a consulting capacity. again.
benkay: let a kid joust, mp
mircea_popescu: a coupla hundred different datasets that don't really coallesce.
mircea_popescu: ok. suppose i hire you to do this job. now you have to make 100k posts a day from supposedly 100k different handles on 1mn forums.
benkay: plus these logs are a thing for posterity
mircea_popescu: basically the problems of 1) do what you describe and 2) make a rsa key are homologous.
B007: benkay: implying he hasn't hired a troll for irc and twitter already
mircea_popescu: and this makes no sense because for the money it'd cost to plant 1mn idiots in 100k forums nobody really reads, the attacker could jhust as well have built a mining farm
benkay: a fuck it has an e these days
benkay: also who's making odds on when mp hires a twittr troll?
mircea_popescu: and you can't send any of the girls to spy on them either cause they get even awkwarder if any girls are within like a mile ?
mircea_popescu: basically twitter is what i always wanted as a kid in school : a chance to spy on the losers conversations.
mircea_popescu: anyway, pulled his chain a little on twitter, curious what comes of that.
mircea_popescu: and he can't even name a band
mircea_popescu: he never ever even bought a record, as they're not sold where he lives
jurov: http://www.reddit.com/r/Bitcoin/comments/1yzbhg/bitstamps_bank_refused_to_open_me_a_bank_account/ i'd like to highlight davout's peformance here instead
mircea_popescu: i don't think it's even that to be honest, it's more like a quest to belong.
mircea_popescu: guy is a little young and naive tho, managed to come off rather impudent.
mircea_popescu: well i'm not arguing more people writing is a bad thing.
mircea_popescu: "This meeting triggered a chain reaction of events in which the solicited investors rebuffed Karpeles and his colleagues" vs "Feb 23 12:23:59 <mircea_popescu>may be that they've found a sucker, but that story'll end if i find him too."
mircea_popescu: asciilifeform "The Boeing Black phone is manufactured as a sealed device both with epoxy around the casing and with screws, the heads of which are covered with tamper proof covering to identify attempted disassembly."
mircea_popescu: shrem encounters a dilemma.
ThickAsThieves: lol there's a Dota 2 official fantasy league now
the20year1: I was involved in a decently sized digital currency long before bitcoin, and the IRS just told them to issue 1099c to everyone who participated, the barter clause has been around for 50+ years
decimation: exactly. If you have records and a tax return to show you paid something, you are not going to be a target
ThickAsThieves: more likely they sum up the amount of eligible tax deductions unclaimed against likely total of fraud and make sure they are still on winning side and call it a day
decimation: oh, it would be a lottery
decimation: except if you actually get audited by a human
ThickAsThieves: the trick about taxation is a personally believe the IRS' grip on auditing to be a myth
duduqa: ThickAsThieves: don't you expect a war against usg before that?
ThickAsThieves: I believe merchant adoption is just a malformed precursor to the 100% Pure Bitcoin Closed Loop Movement
duduqa: much less a discussion
duduqa: what about banning a cryptocurrwhatever
duduqa: all that 6-year old plot, Obama whatching on a big screen, live...and sheeple swallowed
mike_c: depends what you want. if all you want is for them to send a letter, it's cheap.
Diablo-D3: you can buy a senator for 30k?
asciilifeform: 30k buys jpm a senator. it buys a somali 100k rounds of 7.62x39. it buys you: a toyota.
duduqa: I am a deep believer of bitcoin/crypto's ultimate success
Apocalyptic: <asciilifeform> ThickAsThieves: good luck outbidding the folks who print usd // he has a point
duduqa: and once we enter another bubble, a lot more people will put money into bitcoin
diametric: but yeah its not a great analogy
duduqa: it is a whole different deal if only 0.05% embrace a currency
asciilifeform: btc is one thing, if you're handling u.s. dollar transactions from strangers, you'll be set up with a stoolie
ozbot: Canada Regulators Look at Ways to Get a Better Handle on Bitcoin - Canada Real Time - WSJ
duduqa: http://blogs.wsj.com/canadarealtime/2014/02/11/canada-regulators-look-at-ways-to-get-a-better-handle-on-bitcoin/
asciilifeform: the way bans normally work in the u.s. (and elsewhere) is that the infrastructure needed for a proper ban is created under the pretext of 'humane' and 'reasonable' regulation
duduqa: as disruptive to politics/government/central banks as bitcoin can be, I expect it to be treated and regarded as pedophilia in a short time
asciilifeform: ThickAsThieves: on the contrary, usg can ban whatever it likes. for instance, it is a serious crime in the u.s. to go to a bank and withdraw $2999.99.
duduqa: asciilifeform: I can also imagine a scenario in which such firewall happens to take place in the EU, China, Saudi Arabia, Japan, Russia, UAE, South America etc
asciilifeform: like a mousetrap
asciilifeform: duduqa: in english, 'honeypot' generally refers to a trap.
duduqa: asciilifeform: that's too much of a honeypot to let go without a good fight
duduqa: asciilifeform: we are talking about a huuuuuuuuuuuuuge power, which is being the printer of the world's reserve currency
asciilifeform: duduqa: i can easily see a 'great firewall of usa' scenario
asciilifeform: diametric: now all that remains is to buy a 'JXD' and say good-bye to productive career...
asciilifeform: no one knows which politician will stand on what kind of tank and proclaim 'the former u.s.a...' but we've all seen this play before.