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dexX7: i have a small language barrier here

mircea_popescu: i say you got the clap, you say w/o further information we can only assume.

jcpham: i'll probably read about it one day when the thread is subpoena'd

dexX7: but what i wanted to show: the volume on btct is based on trades and thus if you claim the volume is rigged, one has to generate fake trades to pump the numbers

jcpham: i caught their thread on page 400 of 600

dexX7: i just present numbers without interpretation, this would be the next step

jcpham: because i think coinlab is scam

jcpham: i like how it's called labcoin

dub: todays show brought to you buy the number 2 (weeks) and the letters A, S, I and C

mircea_popescu: pankkake i've had a junior on the thankless task of reviewing his entire history

mircea_popescu: i've yet to hear of a legit internet biz that astroturfs, but maybe i'm too noob.

pankkake: somehow I had TheSwede75 in my ignore list already

mircea_popescu: i have no fucking idea. your numbers, you tell me. what are they ?

dexX7: i think i don't get the broader picture and we might intend to talk about different things

FabianB: mircea_popescu: can i buy some trilema credits here or should i mail you?

mircea_popescu: i am not saying it's "strange". i'm saying it's a fraud.

dexX7: well, for one i don't understand how you come up with 50k inflow. labcoin's ipo were 7k, actm a bit hard to tell, but i go with 3 million shares x 0,0025 ipo price = another 7k

mircea_popescu: im not saying you're incapable of understanding. quite the contrary, i'm expecting you to understand that things which may not be directly obvious to you may nevertheless be perfectly true.

dexX7: i read this as "you are incapable of understanding what's going on because you are no professional"

mircea_popescu: if i were to sell a few k's worth of am outright it'd plumet the price to half or some shit.

dexX7: new coins = new on the exchange, old coins = "i sell am shares to buy lab shares"

dexX7: http://i.imgur.com/NjU0oco.jpg < this is a chart of "price x outstanding shares" summed up for all listed assets -- not very representive (or maybe not at all), but it gives the impression that the money flows within the exchange

mircea_popescu: no. i refer to the fact that burnside has supposedly had close to 50k btc of net inflows this past week,

dexX7: i'm sorry then, could you rephrase your statement?

dexX7: because if not, it comes down to "people are scammers till ... i don't know" or "people are no scammers, till they get caught scamming"

mircea_popescu: i could provide cookies ?

mircea_popescu: dexX7 what i'd want is not supporting scammers with fake liquidity, actually.

dexX7: i don't get the point

mircea_popescu: yesterday i was saying burnside lists a fake book and people were doubtful.

gecko_x2: i dun get it

kleecksj: Vbs uh-oh. I'm in trouble...

Urushiol: ok that one I don't really get the gist of

Urushiol: I personally don't see it as that big of a deal as long as they're getting shit done. We get the gist, though answering the block eruptor thing would be good. I just assumed it was a device ID / driver thing. Couldn't the miner simply see it as a block eruptor?

kleecksj: I could good translate about as well... but I suppose I'd end up sounding like vlaoou321...

Urushiol: I hear BFL is contracting some of their talent for that

kleecksj: I thought that was clear...

smidge: i dont know what to do with btcgarden tbh...

Rulother_: agreed I did that for a while during my daoc days on ign.

kleecksj: Quote of the day? "...I feel somewhat depressed and was beaten！ --- Do our team look that stupid ? How could be more ?..." - BTCGarden

Rulother_: I've been using the forums for a long, but didn't have the need to post until recently.

Rulother_: I got hours down for sure

Rulother_: Trust me, before asking in here... I looked everywhere. I guess someone suggested posting in the newbie area.

Rulother_: You know, I didn't want to say it or ask. I've used the bitcointalk forums forever, but never posted and only recently registered for notifications. But shit I can't figure out how to fkn reply to messages, I simply do not have the option for it, don't know if I need to verify something extra I'm missing or what.

afrotec: simulation? i missed this

kleecksj: This is the most entertained I've been in a while. Watching the Labcoin debacle mixed with the BTCGarden block erupter "simulation" today is shaping up to be loltastic.

Urushiol: don't remember where I read it

Urushiol: I may be alone here but I find the Chinglish sort of endearing.

dexX7: btcgarden: "To all shareholders : Since all of our reputation is only based on chinese community,we ll give out some pics of equipments/devices and upload our deployment schemes soon to enhance your understanding of us. To those doubters with "ASICMiner USB Block Erupter"-related talks : I feel somewhat depressed and was beaten！ --- Do our team look that stupid ? How could be more

afrotec: i dont like havelock for some reason

dexX7: i guess havelock itself

dexX7: oh i see

kleecksj: I can't believe people aren't more excited about 130nm chips coming in Q4!

matuszed: it did the same thing when I exercised one earlier

matuszed: i was that 10 lot trade earlier

Rulother_: I'm staying with it

dexX7: but this is inevitable, i think. there is this "jump on it and double your money" mentality

dexX7: theswede is very responsive, but i'm looking forward for this q&a thing, he's just the pr-guy

Rulother_: I guess I'll hold for whatever stupid reason

smidge: i plan on holding, but the answers sound a bit scary at times

ThickAsThieves: I sold like in the first 3min

Rulother_: Same and I can't express that enough

smidge: i hope that that statement will be revoked pretty quick

ThickAsThieves: i thought he is always posing ;)

Graet: i thought Peter Vessenes was deposed

pankkake: I had doubts about bitcoin when it all started, but when Krugman attacked it I knew it was doing something right

dexX7: doesn't sound very positive, but i like how they list many bitcoin sites

Rulother_: I like tat's idea

jcpham: i can't count toa million

Rulother_: I have like a million tabs open atm, so many forum and btct tabs.

jcpham: so i read mircea's anatomy of a scam post

Rulother_: I got a bit in early the other from when they opened up trading

Rulother_: same but I would just like to double lol

Hiro2: I hope labcoin reaches 0.004 soon... :/

Rulother_: I'll sell him my singles lol

Rulother_: the dump of the shares and when it came back up, I liked.

Rulother_: mtgox's activity has been declining recently too, so I'm not too surprised but that's still pretty awesome for btct

freeroute: I went to bed at around 01:30 GMT+1 but had this chan on. Reading all the way up to here was... entertaining to say the least

Hiro2: LorenzoMoney I like havelock

freeroute: (I am talking about BTCT here)

freeroute: the only complaint I have is the graph not being updated realtime, and the fact that you can't specify how much shares you can buy approximately with the specified amount of BTC

LorenzoMoney: I am fond of bitfunder, which do you guys like and why?

Rulother_: I agree

Urushiol: I find the interface of btct a little obtuse

dexX7: well.. i sound like a fanboy. i am one, i think xD

dexX7: i wouldn't say there is little support

Hiro2: I see btct as another MtGox

dexX7: btct has much more volume than bf, i guess

dexX7: i think the activity on btct five folded over the last two weeks

dexX7: i think there is a steady increase of coins flowing into the share markets, but at some point it's saturated and they can only flow from one to another asset. we had actm some days ago, yesterday the labcoin ipo..

Rulother_: Yes I realize the timing of my comment

Hiro2: Hmm, I wonder how long it'll take before btcgarden is out of IPO

DeaDTerra: otherwise I would have just called him and fixed it

DeaDTerra: I didn't know of the new impossed max 250 BTC withdraw on BitFunder... and I need to pay out some dividend on BTCT

Hiro2: Urushiol I'm pretty sure that's a myth...

Urushiol: I don't remember if it was China or Japan, but apparently in one of those countries, sleeping at work is considered a sign that you are a hard worker and people will sometimes fake sleeping.

pankkake: I want to trust them so much on this fact alone

parseval: I think Facebook could do a lot of things to improve their price, but they aren't taking advantage of it.

Urushiol: because really, what did I know that nobody else did?

Urushiol: well I guess I should say "thought" rather than "knew" it was overvalued

Urushiol: the Facebook ipo, for instance. I knew it was overvalued and the people buying in at the beginning were nuts. It tanked pretty quickly. I don't know that we'll see ipo prices for labcoin again anytime soon.