log☇︎
310700+ entries in 2.417s
ThickAsThieves: if they get a parking ticket do they lose welfare?
MJR_: ThickAsThieves: i think its abhorrent, but most people would say that the issue is not drugs but rather welfare...that is where the issues mix, what does drugs have to do with welfare? (you could argue that one leads to the other, but i think that is a simplistic, facile argument)
MJR_: jurov: that is a great idea...i like the idea of remining coins
MJR_: however, i think that they should do this to any ceo or board member of a company that needs a bailout
gribble: MtGox lag is 0.517559 seconds. During this time, light travels 0.00103718244112 AU. You could have sent a bitcoin to the other side of the Earth, along the surface (0.0001339 AU).
kakobrekla: fyi that is a hug.
jimbo2k: is there a way to short bitcoins?
mircea_popescu: this is a good lol.
mircea_popescu: every time you boycott mpex I whip a kitten.
jurov: reading it all up... i thing i got a plan to boycott mpex.
Scrat: even better, have a stunnel on the smtp machine that points to it
Scrat: managed email delivery isn't such a bad idea
topace: i guess insert emails to send into a database, and have another server pull them out and send the mail from there
topace: so i can deal with a bruteforce scan of the entire ip4 range on port 80, by whitelisting/firewalling the cloudflare IP's
Scrat: topace: would be a good idea then (to whitelist these blocks)
topace: but i still need a way for tha tmail server not to add a "Received from:" header
mircea_popescu: i'll save you the 4bn lookups : mpex.co. 474 IN A 174.127.72.233
Scrat: takes a few ec2 machines to do it in a few hours, at a minimal cost
mircea_popescu: <jborkl> BFL sends a demo unit to Wired did wired say anything yet ?
Scrat: akamai can setup a custom X-Header so you know it's them, you check for it and show vhost not found if it's not them
Scrat: one of them will present a http 200 for the host header havelockinvestments.com
Scrat: you can query all 4 billion IPs on port 80 within a day
Scrat: (not with a fake dmca)
topace: so, question - my webserver ie behind cloudflare, but it sends emails, the receiving SMTP server adds a "received from:" header to the message, revealign the IP of my server..
jborkl: BFL sends a demo unit to Wired
mod6: jeeze people over here are just a bunch of fake-it-till-you-make-it phonies
tk993: Perhaps I meant a little battle.
mircea_popescu: http://trilema.com/2013/regarding-money/ < if anyone feels like a read
seongyupyoo: yeah i'd like to see a distributed exchange also
ThickAsThieves: i dunno, i'm all for a distributed exchange
MJR_: the entire idea is only interesting as a theoretical philosophical exercise
MJR_: you can look up a spreadsheet that tells you each pool's rules...also, who cares
MJR_: how do i do a p2p transfer of $155?
ThickAsThieves: then a pool that shares them will win
ThickAsThieves: not a nashx problem
ThickAsThieves: kako that is a pool problem
ThickAsThieves: to create a balance without incentive to game it
seongyupyoo: shitcoin sounds like an overall bad idea... not sure what purpose it serves to have metadata on how dirty a coin is, an dwhat makes it dirty and who decides
MJR_: but he would implement a distribution system if it turned out to be a problem
asciilifeform: also, since you can have infinitely-many addresses, being sent shat-on coins doesn't hurt you (you will need to come up with clean ones to post a bond, but for other purposes dirty ones will do fine)
seongyupyoo: i have no idea what shitcoin getting attached to a bitcoin means
mircea_popescu: this is bad tho. you can't refuse a tx.
mircea_popescu: One potential problem with the scheme is that innocent receivers of bonded bitcoins would suffer if the shitcoins attached to said bitcoins are invoked at a later time. The obvious countermeasure is for would-be receivers of a particular bitcoin to check (using automated means, of course) whether an unexpired Shitcoin bond is attached to these coins at the particular time they are about to receive them.
seongyupyoo: so once a deal is made between two parties, it's completely up to them to do whatever they need to do to make their deal
mircea_popescu: seongyupyoo that is a big problem. i imagined you'd only allow people risk btc, and so your service couldn't be used for 1st time btc buyers
MJR_: his exchange seems to be based on a ltc to btc model...which could work if i didn't find ltc useless
seongyupyoo: well that's been brought up a lot on reddit, but issue is
asciilifeform: other thing is that a scheme like this has to rely on an open/verifiable crypto-contract protocol, rather than some guy's phone app
MJR_: yes, it is interesting from a theoretical standpoint
mircea_popescu: so something worth doing with your time if you're in a research mood. if you're in bread earner mood dunno.
mircea_popescu: anyway, the wrap-up for me seongyupyoo : it's certainly an interesting concept. it brings however very deep philosophical questions to the fore. impossible to know if it'll acrtually be a productive business at this point
asciilifeform: seongyupyoo: /dev/null is a perfectly disinterested third party who will never do you ill.
mircea_popescu: you're just a humourless protestant that's why you think so :D
mircea_popescu: you'd have a "gods call it" tyope of thing
asciilifeform: mircea_popescu: it isn't disposal if you give it to a third party.
asciilifeform: you might as well suggest that banks should play in casinos to recoup bad debts. it is nonsense to use SDICE as part of any kind of rational system (other than a chump harvester, of course.)
seongyupyoo: maybe it could temp regular folks to take the money and run a little more?
mircea_popescu: not like there's a scammer anywhere going "o, you know what, let's just do 50% of scamming"
mircea_popescu: that's not a problem. scammers are already 100% driven to scam 100% what they can
seongyupyoo: interesting... so that would drive scammers to scam more for a chance to undo their scam for free
seongyupyoo: i could do like a pick your own charity also
asciilifeform: why not use actual destruction (send to a blackhole address) ?
mircea_popescu: i was asking because i think it's a horrible idea.
mircea_popescu: if im the most active trader i have a perverse incentive to scam ?
seongyupyoo: you would not be making a 100 btc sale offer i don't think ever
mircea_popescu: so i would need to make a new offer basically ?
asciilifeform: NashX seems like a pretty good idea. It reminds me of my "Shitcoin" proposal (http://www.loper-os.org/?p=988). The real problem is that the "destruction" isn't real destruction - somebody ends up with the BTC. Moral hazard.
topace: yea, a few days of bad luck can bankrupt a small pool that doesnt have a good float
BTCOxygen: It was a bug that never sent in blocks to bitcoind which is fixed now.
seongyupyoo: you understand both parties of the trade risk same amount going into a deal?
mircea_popescu: isn't pps kinda a bad model for mining ? as in, high risk of pool bankruptcy ?
mircea_popescu: say I just make a deal in order to destroy opm. just for the kicks.
topace: and didnt have a "float" to cover bad luck
topace: mircea_popescu: yea, guess he didnt find a block for a while, but was still doign PPS
seongyupyoo: is mircea here? I got a tweet from him asking to join this chatroom about nashx
BTCOxygen: topace: btw... I have sent you a PM.
mircea_popescu: did you default on some obligation and end up with a payment schedule sort of arrangement ?
gribble: Error: "avg" is not a valid command.
mircea_popescu: no, pirate was just a guy trying to leverage "lot of trust" into "give me money", with no businessm odel.
kakobrekla: yea he came on a skateboard
mircea_popescu: there was some marginal business sense in the old gpu days, because running a large gpu farm was non trivial
asciilifeform: Somehow, all the ASIC "shares" schemes remind me of American chumps buying refrigerators on installment plans, with the payments totalling to the cost of a car.
BTCOxygen: And have been in the bitcoin community for a long time.
BTCOxygen: Hey We have been Operating a pool since Octobor 2012.
mircea_popescu: BTCOxygen in general people presenting themselves with a scammy nonsense thing tend to not be in the wot.
kakobrekla: yeah a suprise!
mircea_popescu: now that's a first./
BTCOxygen: WIll update OP in a few hours.
KRS-1: BTCOxygen: I read your business plan if thats what it was- I don't see how investing with you can net more profits than if I bought some of my own units from Avalon batch 4 if there is a batch 4..considering management and Dev costs
lippoper: mircea, that article you linked me to is almost a month old
mircea_popescu: they can't because there's a shortage of fans
asciilifeform: topace: you will need a reflow oven, though. (make your own.)
Scrat: been a while since we dropped below 20M
asciilifeform: $xxxx for ASIC; enjoying the same BTC yield as a cheap GPU today when every other chump has bought an ASIC: priceless.
topace: so kncminer announced a 6GH FPGA based miner, and a 250GH ASIC based miner ?
ThickAsThieves: i imagine any job like that comes with a notable chance you;ll end up killed by your own too
asciilifeform: I imagine that working for Blackwater is less like being a normal whore and more like being the king's expensive mistress.
KRS-1: yep ..i dated a dancer or two in my time..they're fun but not worth the aggrivation most of the time
ThickAsThieves: what is a 'coolest bidder'?
KRS-1: Diablo: without a doubt.