log☇︎
309100+ entries in 2.139s
mircea_popescu: ya well, this is why buffett said acquisitions are always at a disadvantage ot the buyer
davout: LainZ: not sure yet, there's like a shit ton of stuff to do here
imsaguy: until it hits a court, people can kind of do what they want
imsaguy: they typically require a $25M bond
sturles: I understand you need a licence for each state if you are going to hold user funds.
davout: imsaguy: i'm saying they'd need a different license
mircea_popescu: what they were trying to do is exploit a present hole in legislation.
mircea_popescu: so no, this lawsuit is not ending in a settlement. you can't settle egos.
sturles: CoinLab probably has a lot of pissed customers on their end.
mircea_popescu: <davout> karpeles made a statement regarding the lawsuit, basically : "i'm 12 what is this" << <mircea_popescu> so i go "summarize this" i get back "karpeles says he has no idea what's going on." i'm like "right. why do i even bother."
davout: karpeles made a statement regarding the lawsuit, basically : "i'm 12 what is this"
gribble: Error: "ticler" is not a valid command.
MJR_: yeah its at the bar a block away from here
ThickAsThieves: ginger ale is a rarity in restaurants here for some reason (north FL)
Bugpowder: I mean, for a mixed drink
Bugpowder: a flask
ThickAsThieves: his twitter says "I am a VC"
mircea_popescu: a vc guy
ThickAsThieves: someone that likes to drink a lot
mircea_popescu: what the bloody fuck i know real estate agents IN ROMANIA with a better office
mircea_popescu: a ok give jurov cookies!
ThickAsThieves: mp, is there a goxcoinlablol trilema post yet?
ThickAsThieves: sounds sorta like a television/movie/cg studio
gribble: Error: "isitup" is not a valid command.
jurov: so he started a company First Media - procreative studio
jurov: i had a friend that wanted to emphasize how creative he is
jurov: if it's interesting and maybe a bit funny then it's what i need
jurov: just using you as a lab rat for a moment
MJR_: maybe a few others
davout: i think we're going to see lots of press about the immaturity of bitcoin, a couple of years will pass, someone will make a major announcement, and suddenly the roller-coaster starts climbing the trend again
MJR_: he said something to the effect of...people have been building some businesses, but I think you will see a second wave of businesses start
MJR_: one of them had a great point
MJR_: and a bunch of cali vc's were talking about bitcoin
tiberiusiv: last pause took 2 years to surpass a high
tiberiusiv: yea for a very long time.
davout: they haven't been hosted by mtgox for a while now
MJR_: yes, there was a journalist there because he spoke about it there
MJR_: he had a british accent
MJR_: just thought it was cool that i recognized the name of a foreign place on tv lol
MJR_: something to do with the comments that central banker made that basically moved the euro a little
Chaang-Noi: i know a local guy who wants to sell 20k worth so he can buy a car, but that was at 130
Chaang-Noi: there are a lot of people who wanted to sell at 130 or higher but did not, and yeah since 250s wont be seen for a long time these people some, will slowly sell off
tiberiusiv: if you had a long position id be worried
parseval: I think there's a market for a competitor in the collateralized BTC loan niche there, if the new competitor can pay back dividends at the end of the loan term
parseval: Either way.. I wanted to hold them for a while so I didn't mind locking them down
parseval: I have some I got cheap tied up securing a BTCJam loan... I really wish that site would transfer dividends that are accrued while they hold your collateral securities
Chaang-Noi: like a month ago
parseval: Eventually they'll get a significant boost to their hashing power
parseval: Cog has a heavy BFL order, something like 6 or 7 60GH/s miners from BFL
Scrat: existing forum software is (mostly) secure as a result of years of people being trying to break them
Scrat: "I'm thinking about how best to proceed with that. I definitely want to get new forum software created, but I need to figure out how best to turn the BTC into a good finished product."
jcpham: i have asked matonis personally for a response from the bitcoin foundation
Chaang-Noi: iv done about a million dollars in the last month
Chaang-Noi: i almost hope someone from google or paypal comes in a makes a decent exchange...
jcpham: eligius is a charter pool in the bitcoin miners union
tiberiusiv: talked to a teller about becoming a partner
dub: tiberiusiv: get gamers (who are retarded) to download a mining client that gave them free game tokens and wow gold
tiberiusiv: vesseennes made a website
tiberiusiv: how could vessennes mine anything when he was a broke piker?
jcpham: maybe a little bit but not really
dub: a fucking retarded idea about robbing the parents of gamers?
jcpham: put your tinfoil hat on for a sec
tiberiusiv: and magictux a severe case of mental retardation
tiberiusiv: vessennes can probably be classified as having a mild case of downs syndrome
ThickAsThieves: wtf is a bitcoin
ThickAsThieves: and the contract cant be for a fictional asset
dub: you need to be a) over 18, b) not drunk or high c) not retarded to sign a contract legally
tiberiusiv: then made a website talking about it coinlab
tiberiusiv: 2 idiots printed a contract off of the internet
jcpham: there's some talk about that usually representing a certain fee (iana)
ThickAsThieves: lol, i wonder how long before CNN cancels iReport as a service
jcpham: everyone already wants a new exchange anyways
parseval: I wonder if they'll be looking for a new partner
jcpham: yeah i thin coinlab has a fairly solid contract
Bugpowder: This news is going to have a very negative impact in the short term (now till Tues)
Bugpowder: 1) we were already deep in a downtrend
tiberiusiv: is he selling a massive bitcoin stash?
Bugpowder: there is a ripple on every drop.
tiberiusiv: not much of a sell off bugpowder
Framedragger: oh fuck it's may, i've to pay taxes in a week as well :(
jcpham: i like how coinlab has this emotional pr release and mtgox releases a one-liner
Bugpowder: I am a ameture but have made much more on bitcoin than you ;)
Bugpowder: but I guess a violent sell off is not in the cards
tiberiusiv: hanging around at a star trek convention?
dub: the foundation is a joke
inhies: until then, dont beleive a word i say
tiberiusiv: a woman in here is rarer then thickasthieves having money
tiberiusiv: mod6 is a woman?
tiberiusiv: mod6 dont be a cheerleader
Bugpowder: Mircera is going to have a blogasm when he wakes up
tiberiusiv: gox is in a AAA jurisdiction
tiberiusiv: all that would occur would be a short term spike
tiberiusiv: if crowd psycology is heading towards a direction
tiberiusiv: its like a 3min video disproving
Bugpowder: wife says CoinLab's general counsel is a pretty famous and good contingency firm
joecool: not like MT sitting on inflatable balls like a seal or smthn
Bugpowder: See,… the bitcoin ATM guy knew enough to wear a suit.
Namworld: yeah, if there was a really good deal...
Namworld: maybe there's a better inbetween to be found...
ThickAsThieves: Nam I have a few misc Puts up for sale, at 143 and 161