310200+ entries in 2.325s
benkay: 0 information leakage is
a secret kept by 1 person. some information leakage happens when more than 1 person knows stuff. eventually, all information will leak. infinity?
benkay: that makes
a startling amount of sense.
mircea_popescu: people (actual people in this chan) have been sacked for nonsense like, telling
a reporter they make
a lot of money and are living the life.
benkay: got it. so everyone's doing this as
a side job?
mircea_popescu: benkay basically, it's
a team of people with various types of licenses,
a boss,
a compliance officer and some more sdupport roles.
mircea_popescu: no listen. the year is 2011. i get excited about this new btc thing. i know what it needs to have
a chance. i know i need help. i know whose help i need.
mircea_popescu: this because being
a financial professional is highly regulated, they'd have to get an ok from their compliance officer,
mircea_popescu: not really, no. but anyway. it isn't/never was
a matter of "do some research child". in the sense that i answered if asked, but in general stuff is known.
mircea_popescu: if he doesn't trust me that's pretty much of no import. if i don't trust him that's
a serious impairment on his future.
benkay: which induces
a bit of culture shock, in that i generally expect people to be proud of the team they work with, and eager to show that they're above board and real grownups etc.
mircea_popescu: in other words : none of this is
a secret, it's known by people who care to know as it were.
kakobrekla: assbot has been keeping logs for
a few days now
kakobrekla: i think i got contacted by
a scammer and he is trying to sell some cas coins (and i think he doest even know what that is)
kakobrekla: anyone got cas coins for sale, i need
a few moar
mircea_popescu: "From what I've googled, I understand that scalping helps lower spreads but ultimately, aren't you just betting upon
a upward or downward price movement?"
kakobrekla: >BTC.sx is funded privately. We operate with
a tier 1 total capital ratio level of 110% minimum.
mircea_popescu: actually there was this french brand made
a fortune by selling bra and panty sets
troc: billpay : say its the mortgage, it could be
a neat way to avoid capital gains on BTC no ?
thestringpuller: "Hey man I have this AWESOME idea. Girls need bra's right? LETS MAKE
A WEBSITE TO GET CUSTOM BRAS"
troc: v.interesting, would the coins you spend that way be liable for any taxation as
a benefit in kind ?
mircea_popescu: Thank you all for checking us out. We are currently working on restructuring our payment backend to be in full compliance with all government regulations. We will be back up as soon as all our ducks are in
a row.
thestringpuller: mircea_popescu wouldn't you say this quote also applies to Paul Graham? >> " the crappy start-ups that got funding at high valuations are struggling and are unable to get Series B funding, dropping like flies, creating
a tech bubble"
mircea_popescu: kakobrekla if you want +i you probably need to add
a whole list of +I first
KRS1: I wouldnt mind reaching nirvana at some point..i'm sure it involves
a long legged blonde at some point
mircea_popescu: He said for
a nominal service charge I could reach nirvana tonight
gribble: Error: "bc,genrate" is not
a valid command.
kakobrekla: which is like ~1k eur for less than
a GH
gribble: MtGox lag is 0.860826 seconds. During this time, light travels 0.00172508566571 AU. You could have sent
a bitcoin across the outer diameter of Saturn's rings (0.0024 AU).
mircea_popescu: so people are bidding 30 btc on those blade boards for
a chance to make .3
a day ?
gribble: Error: "bc,hash" is not
a valid command.
mircea_popescu: i'm not talking about being
a lazy ass cokehead and taking whatwever customers have.
mircea_popescu: it's weird tho, pretty much the money trail is the only way to make
a prostitution bust stick
Chaang-Noi: iv seen an advertisemnt, could have been
a hoax
mircea_popescu: for some reason everyone thinks everything they can dream up is in europe. sorta like
a modern day xanadu
mircea_popescu: not necessarily
a bad idea but he's going assbackwards about things
Chaang-Noi: he could not even prove he had 13 btc, and lost it to
a troll, that was fucking lulz
mircea_popescu: it's just if we follow his own declarations there's
a coherent construction that can be made.
Chaang-Noi: i wondered if he was
a scammer at the time, guess not
mircea_popescu: which is
a pretty decent gains, whatever, 100k usd or what is it
mircea_popescu: i mean, if he didn't sell in
a panic back in march when btc collapsed to 50,
Chaang-Noi: maybe he is trying to be
a btc player but is just too noob to know wtf he is doing
Chaang-Noi: if he bought his 2400 coins at $10 thats
a good return for
a few months
Chaang-Noi: i think he just made like
a shit load of money and thinks it will keep going up at this rate
mircea_popescu: i mean, on the face of it : he seems to have
a silver broker business or something.
Chaang-Noi: even if it was going to do something its like
a week away
Luke-Jr: maximian: probably in
a few weeks
Luke-Jr: maybe
a few more if more GPUs switch
Chaang-Noi: well they will need
a shit load of fpgas anyway
Luke-Jr: just
a bitstream for existing bitcoin fpgas
Chaang-Noi: it seems silly to me that someone would go to the trouble to make
a bunch of fpgas just to attack
a coin and not mine for profit
seongyupyoo: Does anybody know how to make
a blackhole address?
gribble: burnside was last seen in #bitcoin-assets 2 weeks, 3 days, 5 hours, 57 minutes, and 41 seconds ago: <burnside> gonna be traveling for the next week or so. any inquiries PM me on the forums or send
a support request via btct.co.
KRS1: haha yeah guess you are right..im not impressed with the exchange at all..imo i'd rather have something on
a console that actually works instead of something that renders pretty in
a browser that doesnt
KRS1: what is wrong with this dude..what
a horrible representation for the exchange
usagi: I'm really suprised they would put him on live, having done TV
a few times. They don't do that ever.
usagi: without
a rehersal
mircea_popescu: <ThickAsThieves> is there
a problem or just waiting til Monday or such? << bitcoincharts was migrating servers or w/e
mircea_popescu: so reasonably anyone depending on mpoe payouts on the end of
a month would be making payments no sooner than 24 hours after results published.
mircea_popescu: then the results sit for
a day, if anyone finds errors or has q's or w/e.
mircea_popescu: i'm like... ok. so if i want to speak what do i do, send
a message to your webchat ip ?
ThickAsThieves: is there
a problem or just waiting til Monday or such?
error4733: 2.75 it's
a good deal yep. Serie 1 ?
error4733: or maybe its
a scam bc with bct @1000$ no one would pay x5 premium
jurov: that would be quite
a madness
KRS1: theres
a long stretch between being
a fraud and supplying
a service (middleman) that you collect
a small fee here and there for
Cylta: what does it mean, if bondholder crossed with
a red line?
unbalanced_: I fig'd I'd ignore you then but couldn't resist. Added
a smiley so you know I'm not
a deliberate asshole.
unbalanced_: 2 parts: 1,
a capital gains tax on trading gains and 2,
a VAT (called GST or HST in most of Canada) if you sell goods/services for bitcoin
mircea_popescu: indeed,
a news piece which basically says, when it rains outside use umbrella.
truffles: or
a really rich person is in the fold
Cylta: or it's his way to make
a donation to poor traders =)