290500+ entries in 1.847s
ozbot: Labcoin outed as
a scam : BitcoinStocks
kakobrekla: o hey mp i used contents of your blogpost to populate bash
a little, thats because im such
a leeching prick
dexX7: mircea_popescu: how do you map your blogread-credits to
a user?
Namworld: I already pitched him
a capped bankroll such that it could be slowly lowered so as people leave, no new investment can come in.
Apocalyptic: what's the point of having
a computationally expensive signature scheme ?
Diablo-D3: he refuses to answer
a simple question
nubbins`: so there's
a legit chance that if she says "listen, this keeps happening because we don't take CCs", someone will listen
nubbins`: it's
a small insurance company
pankkake: in France
a guy wrote
a cheque on toilet paper
nubbins`: no doubt this came about because some asshole tried to buy
a car with pennies
nubbins`: so i couldn't pay for
a case of beer with
a couple of those $20 coins
nubbins`: and apparently if the coin has
a face value greater than $10, the other party can refuse to accept more than one coin
nubbins`: "(2.1) In the case of coins of
a denomination greater than ten dollars,
a payment referred to in subsection (1) may consist of not more than one coin, and the payment is
a legal tender for no more than the value of
a single coin of that denomination."
ozbot: Lessons Learned From the BDT Fiasco - Coding In My Sleep -
A Bitcoin Blog
Namworld: With
a serious vehicle for instituational investors to put money in Bitcoins.
dexX7: so ...
a former glbse scammer is befriended with those who run labcoin?
dexX7: oh only
a few days
thestringpuller: I think
a bitcoin bank in detroit would be perfect, the feds wouldn't care
Kleeck__: He said no, in
a round-about way. "There are too many other parties involved, but if we push back our ship date we'll compensate with more hashing power per late ship"
Kleeck__: Someone asked if they'd be willing to place
a bitbet guarentee on their mining ship date. :)
nubbins`: anyway i have tenants moving in tomorrow, gotta clean up
a bit
truffles: not
a big deal for us, some of us wont make it that far i guess
Diablo-D3:
a 1 oz US eagle is like $25 face value
nubbins`: seems like
a terrible way to scam money
nubbins`: have you ever seen
a hand-poured coin?
Diablo-D3: in canada its probably not
a legal requirement
nubbins`:
a private citizen would be crazy to accept one of these coins as legal tender
nubbins`: you're trying to tell me you can hand-pour silver into
a 3d printed mould
Diablo-D3: Im already on
a government watch list and they're reading what Im writing anyhow
nubbins`: free money machine. buy
a 3d printer
nubbins`: free money machine. buy
a plane ticket
nubbins`: essentially, the mint is saying "hey, trade your shitty paper money for sweet coins with
a tiny bit of silver"
Diablo-D3: melt down existing silver, pour it into
a 3D printed mold of
a $100 coin
nubbins`: they'd keep them, or sell them to coin collectors at
a profit, or spend them at the grocery store
Diablo-D3: nubbins`: you can from
a coin collector whos selling them for weight
Diablo-D3: Ive never seen
a coin where the face value isnt
a tiny fraction of the actual value
Namworld: It definitly should be. You can't put
a fixed fiat value on
a precious metal coin.
Diablo-D3: oz of precious metal IS the face value, its
a unit of currency
nubbins`: usually with bullion coins, nobody gives
a fuck about the face value because it's more valuable as bullion
Namworld: They only make
a bunch of models each year and make
a few 10000s of each coin
Diablo-D3: because I'd totally show up with
a ton
pigeons: they used to would make you
a $1 coin
Diablo-D3: and asked them to make me
a $100 coin
Diablo-D3: nubbins`: but now, millionares are
a dime
a dozen
Diablo-D3: nubbins`: if I build
a time machine, shovel
a million dollars into it, go back in time to the day the Fed was opened
pigeons: what is the face value of
a silver maple leaf?
Diablo-D3: nubbins`:
a unit of currency is supposed to be
a stable representation of purchasing power
nubbins`: give me
a situation where $1USD != $1USD
pankkake: so this coin is interesting only for
a canadian anyway
Namworld: That's what's odd about canadian mint coins. You could have
a 100 face value coin with 20 dollars worth of silver or
a 5 dollar face value coin with 1000 dollars worth of gold in it.
nubbins`: pankkake: they might have to call
a manager over
nubbins`: or walk into
a bank and deposit it to your account
Diablo-D3: Namworld: if
a $100 gets ripped up, its easy to replace with
a brand new bill
nubbins`: walk into
a store and hand it to the cashier
Diablo-D3: Namworld: its
a representational currency
nubbins`: but i can walk into
a store and purchase $20 worth of goods with it
Diablo-D3: now, if it was
a SILVER quarter, yes, it'd be nonsensical to write 25 cents on it
Diablo-D3: that'd be like writing $1USD (90 CDN cents) on
a dollar bill
Diablo-D3: for anything but oz to be inscribed on
a coin or bar is nonsensical
Diablo-D3: 1 oz silver or gold IS
a denomination
Diablo-D3: although
a bitcoin denominated one would be
nubbins`: find me
a coin with
a face value equal to its silver content
nubbins`: the 1oz silver rounds have
a face value of $5
pankkake: oh, so there's
a face value that is actually higher than the silver value?
nubbins`: it's
a poor price for the amount of silver
nubbins`: not to split hairs, but "later" obv is
a valid command
gribble: Error: "later" is not
a valid command.
pigeons: is there
a new url for mpex or still coming soon?
Namworld: No, just visiting family. Caught
a flu, didn't feel like going on the computer afterward.
mircea_popescu: Namworld i would say prepare for
a freeze in finance. winter's coming.
Namworld: ugh, so many requests to cash out BTC-BOND. Anyone wants to get them or should I start liquidating
a bit of stuff?
mircea_popescu: basically after the stunningly cold ownage putin delivered in the ny times, everyone wants to get
a finger in the honey jar located in obama's recently decerebrated skull.
[\]: further, it doesn't give
a timezone
[\]: there's
a difference between
A trade and ALL trades on
a given day
mircea_popescu: but yes, it's
a weak bet, i wouldn't risk too much dust on it.
mod6: i just need it to interact, get
a response and display. once that's done. code cleanup + testing on my actual device instead of the emu.
mod6: i'll take
a deeper look this coming week.
mircea_popescu: time to get
a shittier job paying nothing at all for
a TON of work.
mircea_popescu: now that you got out of
a shitty job paying not enough for
a lot of work
mod6: maybe gnupg needs
a patch where this is translated to C and DSA/ElGamal are removed