log☇︎
285700+ entries in 2.156s
mircea_popescu: bubbalicious amusingly, we have the converse advantage : only corp in the world tio be able to announce a price,
the20year1: Is BTC at current value a bubble or a long term thing? I was told by many, many, many people when we hit $250/btc that it would only go higher
the20year1: My life doesn't depend on BTC fluxuations, nor does the business. If BTC outperforms the company, then the investors get less of a return, if the company outperforms BTC then they're even happier. Regardless for non-cryptos, we'll be outperforming just about everything
mircea_popescu: in that you're a brave man. see you survive a coupla years somehow.
mircea_popescu: right. well, you're a brave man.
firedrops: hard to redo a house in btc
firedrops: holy crap I missed rentalstarter entirely.... is it actually a good investment? didn't bitfunder just shutter?
firedrops: okay ppl. I have a coinbr account, HIM account, and finally I have 2btc. yes TWO! <--ballin'.
mircea_popescu: anyway, this has been useful in that next time i'm in a bar going to approach a chick it'll be all "hey, roundeyes! fancy a drink ?"
mircea_popescu: so they went to the trouble of making a us version just for nyah-nyah ? that's comedy.
mircea_popescu: inasmuch as it even sports a us flag, i;m sure it's an equal opportunity fleecer, go ahead.
pankkake: though I shouldn't make it reply without a question
nubbins`: oh and the mailman just dropped off a money order from one of the deadbeats, so woo!
nubbins`: i've got a set of polished stone ones, they weigh a ton
kakobrekla: was even in the shop looking for a physical version
kakobrekla: i played for a while
pankkake: CFIG is doing a second IPO?
nubbins`: ^ at that rate, CFIG's second IPO on monday is gonna be a tough sell
nubbins`: imsaguy: seriously, you'd be a great mentor
nubbins`: nah, i do a big purge every few years
pankkake: are you a hoarder too?
nubbins`: imsaguy: mind if i send you a PM the next time i need advice on something? you obv know what you're doing
nubbins`: i'm a coin collector; i collect coins
kakobrekla: the thing is someone from the mods told me that badbear was planning a ban attack
nubbins`: so is offering FV for a coin
nubbins`: yeah, no sense selling at a loss or anything like that
chaang-noi: im not in a hurry
imsaguy: please have a link handy
kakobrekla: i pissed the morning piss on garr for a week and he gets all butthurt and calls his shill to the rescue. the rest is clear.
pankkake: for having a slanderous soul
kakobrekla: bitbet is a betting site
firedrops: good question, their site won't load... anywho. bitbet for now. unless someone knows a tradehill alternative?
firedrops: thanks kako, a bunch of forums ppl say cryptoexchange...
kakobrekla: not a betting site
firedrops: basically, does that trilema article system work against a tradehill alternative?
kakobrekla: not a betting site
kakobrekla: well the ability to trade a position
kakobrekla: bitesak_ he describes a market maker which defo should help with such setup i described
jurov: <mircea_popescu> jurov the start-up times are a legitimate problem tho, and so was the fact it took two weeks to sync a year ago. <<< yes and fixing that was reasonable i don't think they should be riced further to detriment of other stuff.
nubbins`: you'd think that for a "sell shit for btc" website, they'd, you know, STORE THE PRICE OF ITEMS IN BTC
nubbins`: i got another "you just sold a bunch of shit for below cost" email from coingig.
kakobrekla: also take a cut.
kakobrekla: the other is you can make a maket where people sell or buy their positions from the bets table
kakobrekla: then you do the magic and take a cut
kakobrekla: make a site when one can login, deposit coins and set the output addresses that he wants to follow with bets
kakobrekla: not a secreat at all, i just told you about one
pankkake: so what kind of services are you thinking of, or is it a secret? :p
nubbins`: because it was no fun and each morning it was a struggle to get out of bed and face the day
kakobrekla: im saying this here cause i know theres a bunch of you people here that can code and do nothing
kakobrekla: there are a few.
pankkake: on one bet I had a "omg who is stupid enough to bet this" moment, clicked stats, and the guy was losing most of his bet, so… :)
nubbins`: is that a euphemism?
pankkake: I guess you could find a practical enough ratio of missing data
nubbins`: was just wondering if one could reconstruct a rar using ONLY pars
pankkake: " Long-term value of one bitcoin (10 years) " => someone's doing a 10 year bet? that's also betting bitbet will be around in 10 years :)
firedrops: newsbin used to unpar them for me. Should be a single. .RAR in there somewhere.
pankkake: a long time ago. something isn't working?
mircea_popescu: i haven't heard anything of it for a while
joecool: nubbins`: the best was when he loaned money to a heroin addict :)
nubbins`: KRS-1: i believe there is some sort of escrow-type transaction you can do if you involve a third party. not sure the details, and then you've gotta trust the escrow as well
nubbins`: of course you're poor, you're a child
KRS-1: thought there was a 3 way gpg key that keeps everything locked up until mutual agreement has been made
mircea_popescu: maybe this is a good time to get registered then.
KRS-1: is this just backed up by ratings? nothing to enforce a fair trade?
KRS-1: Can someone recommend a good guide for me so I can trade cash for BTC with someone I don't know? I want to go through some kind of intermediary like escrow.
nubbins`: so, while i'm glad that putting a ton of btc into casascius coins prevented me from foolishly gambling them on "investments", i'm increasingly wary of their ability to hold their btc value long-term
nubbins`: "Hey, Reddit, Ycombinator, and Metafilter readers! You know what, I'm proud that this article has become a benchmark, but I've written a lot of others I like too, some of them more recently than 2004. It would sure be nice if my other articles got some love instead of just this one being linked from a discussion every week."
nubbins`: a friend of mine recently started a CS degree, and posted about that Paranoia game last week
nubbins`: better OS analogy would be "geniune" windows vs. a pirated version, perhaps
nubbins`: yeah, it actually is. however, correct me if i'm wrong, but if you've got a virus, your OS is not only the wrong colour, but also consists of different bits
mircea_popescu: it's a good write-up.
nubbins`: "Suppose your computer is infected with a worm or virus. You want to disinfect it. What do you do? You boot it up from original write-protected install media. Sure, you have a copy of the operating system on the drive already, but you can't use that copy - it's the wrong Colour."
kakobrekla: well in a sense the machine did.
mircea_popescu: kakobrekla if you actually saw that one coming you're a better fx trader than me
mircea_popescu: incidentally, if anyone has a reddit account be a sweetheart and put that torrent article up
gribble: A market order to sell 20000 bitcoins right now would net 5025556.4619 USD and would take the last price down to 210.9971 USD, resulting in an average price of 251.2778 USD/BTC. | Data vintage: 0.0017 seconds
random_cat_: not a moment sooner?
gribble: This order would exceed the size of the order book. You would buy 16465.37 bitcoins, for a total of 6675396989.6532 USD and take the price to 99999999999.0000. | Data vintage: 191.9064 seconds
firedrops: anyone have a diagnosis for why gox is so high? I haven't touched them in months..
firedrops: just sent the article to a close friend/cmptr scientist guy.. trying to get him to start his own project... he's too smart to work for ATT.
mircea_popescu: it is factual the site was run as a scam in 2012.
random_cat_: i participate there. a claim was made that you had never backed off from 'scammer' to 'maybe not a scammer' (or perhaps the claim was stronger... that you had reasserted the whole thing was a fraud)
mircea_popescu: i have no idea wtf tycho is doing these days, haven't used the thing in a year.
random_cat_: have you recently renewed a claim of 'scammer' on icbit?
mircea_popescu: bitesak_ well to a degree their market is a commodified or at least commodifiable one, so price competition will be a part.
mircea_popescu: taub a ok. yeah, it's all a quest to respect your market basically.
bitesak_: competing on price is not a good indicator.
taub: they understand a thing or two about marketing their exchange
mircea_popescu: jurov the start-up times are a legitimate problem tho, and so was the fact it took two weeks to sync a year ago.
mircea_popescu: or write it on a wall.
bitesak: despite the hassle, maybe a 2fa to login from the start would still allow for convenience in placing and cancelling
bitesak: more speficially, how to steal from a protected (as in 2fa bitcoin signature for withdrawals) account
bitesak: jurov: are there planned updates to coinbr ? I finally got round to adding the 2fa for withdrawal, but it seems that if I had access to someone elses coinbr acct I could rather easily/quickly buy some in the money options, and sell them at a slight discount to my main coinbr acct and exercise them. Is this correct?
BingoBoingo: Well, might make sense. Seeing how web wallets are having a rough time of late.
bitesak: that and maybe a sizeable amount of bitcoins have left the exchanges in fear of losing access to them. that's what I did a year ago at least
bitesak: and testing the keys with small amounts is probably a good idea first
bitesak: there is that site where you can download the page and run it on an offline computer but I am in no position to suggest that is a wise method
b0n1: yeah I am asking for a good source to exactly that
b0n1: i think the paperwallet is a nice idea
b0n1: BingoBoingo, but its too dangerous without a backup that the drive breaks sometimes