log☇︎
326700+ entries in 1.925s
mircea_popescu: jurov : email me a copy of this thing
mircea_popescu: soon we'll have enough for a private army.
bowjob: I'm already willing to throw 80 BTC to some potential scam and yet they can't set up a way to facilitate the transfer
bowjob: "look on the bright side. this is probably a good indication of how your unit would work."
bowjob: maybe its indeed a scam
bowjob: such a shoddy site
bowjob: do we need a wordpress account?
bowjob: i feel rather disrispected that i stayed up all night and they cant even set up a pre order properly. wtf
Ukerz: its like a kid waking up for xmas, running downstairs
mircea_popescu: identify all 6, get a bitcoin.
mircea_popescu: a.
bowjob: I'd consider Avalon to be a 1/6 confirmation phase.
mircea_popescu: a nm
mircea_popescu: putting together 2 units out of a 300 unit run is not the same as having made 300 units.
bowjob: well, out of all the asic producers, only avalon produced a real asic so far, that makes them more credible than anyone else
mircea_popescu: it's Feb 2. three weeks later. shipping takes 3 weeks for EVERYONE in a 300 order batch ?
bowjob: 1299 for first batch, 1499 for a slightly upgraded one
bowjob: I had 80 BTC set aside for Asic.. in case it goes down a bit.. but not this much!
bowjob: someone dumped a lot of btc
Namworld: I heard it's a joke or something
mircea_popescu: i wonder what zombie napoleon does for a living.
mircea_popescu: hm, that's a point.
mircea_popescu: why can't i be a sockpuppet for someone fun
Namworld: Mircea Popescu - actually a sock puppet for the brits rebuilding their old empire. Starting with Bitcoins to vanquish US capitalism which is in their way.
mircea_popescu: generally not a bad strategy
mircea_popescu: why does someone have to be a sock puppet ?
Namworld: Oddly, I thought about Mircea Popescu being the sock puppet instead when MPOE-PR was accused of being a sock puppet
mircea_popescu: well, sa stuff. to be taken with a grain fo salt.
mircea_popescu: What a beautiful twist it would be if the last trading platform that didn't collapse or turn into a scam which is run more like an actual real one than a teenage dream out of the basement is run by a woman. Because they mock her, ostracize her and blame her at every turn possibly because they can't handle a girl running a service for them.
mircea_popescu: The brilliant Bitcoin detectives thought that there was only one person who was a guy (Mircea, which is a guy's name in Romanian) and he was just using a lady's picture as a sock. I am willing to believe they got it exactly backwards, and that she just made up "Mircea Popescu" as a sock.
mircea_popescu: VvvV. Also people mock MPOE because it's a subforum of a porn site. Go over and look at it; it's kind of crappy looking despite MPOE-PR's general good sense. Presumably someone else handles the web implementation.
mircea_popescu: Unless there is no Mircea and it's just that lady doing a "Remington Steele" thing, only instead of private eye poo poo it's Internet porn/Bitcoins.
mircea_popescu: Mircea Popescu, who runs MPOE, is a guy. The MPOE-PR woman was accused of being his sock, but I think she just does all the English-language business for him (he's Romanian).
mircea_popescu: It's like they want to scare away anyone serious about using Bitcoins as a currency, I wonder how much longer that woman who runs the (last standing) trading platform will put up with their dumb poo poo. She's hardly some great pillar of sanity since she's all wrapped up in Bitcoins too but she seems to be trying to be serious about things yet they want to shout her down. I am guessing it is because she is a woman.
gesell: okay, this is the price chart of 5d for bitcoin-24. http://bitcoincharts.com/charts/chart.png?m=btc24EUR&v=1&t=S&noheader=1&height=80&width=750&r=5 its the only one ive seen like this. not huge volume but as much as many others and yet it is soooo level. I swear, many times ive seen bots respond to my bid, in less than <500ms latency. Im convinced the owners of the exchange have a bot at play on the exchange to keep prices close to mtgox or level or i do
mjr_: says a lot
mjr_: dude coinbase got a 600k seed round
jborkl: Bit floor still owes a lot of people right..
mircea_popescu: "Coincidentally, my office was, literally, across the street from the registered address of BFL at the time. It turned out to be an apartment complex, as BFL was a start up and did not have an actual office at the time."
gesell: jborkl: the spread of a bunch of exchange fees here https://docs.google.com/spreadsheet/pub?key=0AguYZ5-dWMgfdElhakdHQzhiQXp5emctdjZTNG9qaEE&gid=2
pigeons: well you didnt make a profit till you buy again
gesell: yeah, so i still made a profit but now im blocked from making more profit
gesell: assumed the "get cash back and repeat" was not as latency burdened so it could take a long while and be okay
Namworld: or maybe they asked a wikipedia rep and they said: "yeah, whatever, as long as we receive money"
mircea_popescu: a huge deal of the fact that they are so graciously not charging Wikipedia for this "service."
pigeons: you need about 10% price difference usually to arb, causeends up being a good 7-8% moving usd from one exchange to another
mircea_popescu: slippage is probably a degree of magnitude larger order to order
mjr_: and over its lifetime i don't think it will always move a lot
mjr_: yeah, but for a bot
mircea_popescu: .1% when btc moves 20% in a day ?
pigeons: i cancelled a bitfloor order hours ago and the funds are still on hold cant make another order with them yet
mjr_: i heard some things about bitfloor that make me a little wary, but i think they have the best model for a currency exchange
mircea_popescu: I'm actually developing a new respect for Mircea Popescu. He's so insufferable that I used to avoid reading anything he wrote but I've been reading his blog a bit lately and the man may be arrogant but he's not stupid. He thinks strategically and it will be kind of interesting to watch him go up against the self-appointed "big players" in the world of Bitcoin commerce. The prospect of seeing someone wipe the floor w
mjr_: so you pay a fee
mjr_: that is valuable, so on wall street...you get a rebate
gesell: kinda wanting to push it a bit... maybe we'll get close to NYSE where the closer your bot is to the exchange the better :)
Namworld: I'd like to buy a few around 0.02ish
mjr_: i've never seen a whole bitcoin
mjr_: well, that's what i mean, a lot of people hack a system and just change the wallpaper...
mjr_: i guess what i mean is that the motivation to HACK (gain access to a system that is not yours) and the motivations to STEAL are two very different things
mjr_: but being able to make something funny pop up on a coworkers screen is always fun
mircea_popescu: dividend payment for S.BBET in total sum of 203984160 to a notional float of 3000000 has been issued on February 2, 2013, 1:49 am.
mjr_: that is a big leap i agree
gesell: so my point is there is going to be a lot more granularity between black market hackers and the norm, whereas today its a much larger jump mentally to go from one side of that to the other
mircea_popescu: mk so where do i pastebin a 10mb textfile ?
gesell: "The dealer will have an Ace as his up card approximately once every 13 hands. Four out of 13 times, the dealer will also have a 10 in the hole. This means that you would get to exploit this bug approximately four times every 169 hands (1/13 x 4/13). This translates to a 2.366 percent more favorable situation for the player. Without the exploit, you would expect to lose 56 cents for every $100 bet. So with the exploit, this translates to a 1.778 percent
gesell: really? mpex? damn i would've thought mircea_popescu rolled with some textfile foo database like a boss
gesell: noticing this small delay sometimes in bitzino blackjack where after i "stand" and the dealer contemplates what he does there is sometimes a long pause, sometimes not. could be nothign but reminds me of an article 10 years ago in 2600mag where someone saw something similar that indicated when when the dealer had 21. actually it would happen whenever it asked him if he wanted to buy insurance. there was a 5 second delay in the dialog if the dealer had 21.
mircea_popescu: sed -e :a -e 's/<[^>]*>//g;/</N;//ba' << anyone tell me what that does ?
gesell: because someone else might. because you are going to have competitors coming in that have dealt with fiat hassels for a long time and now adding btc
pigeons: i smell a biz school grad
gesell: if i had the exposure that sdice is getting i'd start to try to find ways measure the effect of bitcoin-user-bootstrap friction and process, and then reweigh the hassel of dealing with fiat depending on number of users. I mean consider the profit that MTGox makes and they have to deal with this hassel, and the profits SDice has. the question is if reduced friction for fiat entry to btc to sdice would add a logrythmic increase in profits...
mjr_: i look forward to the day you can get a home loan in bitcoins
mircea_popescu: gesell ya but when you have a pizzeria doing great pizza
gesell: guess its all messy. but just looking at how to reduce the barrier from a gambler hearing about sdice and bitcoin, and then going off to figure out how to get started
gesell: or maybe bitinstant or bitpay should have a sdice quick road
gesell: has sdice thought about becoming a payment processor as well so that it can take USD emmediately? of course it comes with the headache of other exchanges but with sdice's current exposure in the "real world" it might bring lots of new players aand new bitcoin users
mircea_popescu: in a sec.
mircea_popescu: a cool
Namworld: Anyone ever thought of going there and sealing it? Seems like there's a trolls leakage.
Namworld: I just discovered somethingawful while making a search for bitcoin related stuff...
mircea_popescu: a now this is interesting
Namworld: Wow. That's a huge crash. 2% under face value
gribble: (register <nick> <keyid> [<keyserver>]) -- Register your GPG identity, associating GPG key <keyid> with <nick>. <keyid> is a 16 digit key id, with or without the '0x' prefix. Optional <keyserver> argument tells us where to get your public key. By default we look on servers listed in 'plugins.GPG.keyservers' config. You will be given a random passphrase to clearsign with your key, (1 more message)
Ukto: mine wasnt on a per block basis
Ukto: and you have a nice site :)
mjr_: a binary options site
mjr_: since i am assuming a non techie audience lol
mjr_: its a google doc right now...i figured everyone could read it easily
mircea_popescu: can you put it somewhere in a text format ? pastebin maybe ?
mjr_: i was hoping that a few people would take a quick skim and let me know if there are any glaring errors
mircea_popescu: o, no, i'll enjoy last summer-style peace and quiet for at least a few days
Namworld: I see a bot eating 5 S.DICE at a time
DeadWeasel: zeroconfirmations.com I think this is a great URL for a bitcoin blog.
mircea_popescu: lol Bugpowder is going to have a child with this rally
mircea_popescu: update goes up in ~2 hours, hopefully we see at least a few weeks w/o anymore desyncs
mircea_popescu: mkay, the good news is the brightest man i know has found a way to squeeze more out of less.
jcpham: although i called it a goblin, so that's a comment
Namworld: So you should get a full dividend in the next days
Gregoriano: Just became a shareholder. Not sure if I need to wait a full month or will dividends will be pro rated