log☇︎
327000+ entries in 1.945s
gesell: yeah and extrapolate back to where bitcoin depends on a PRNG
gesell: im also assuming a PRNG is involved (/dev/random, etc)
mircea_popescu: "Pastebin dump of a letter from SEC sent to several people who ran "funds" on GLBSE. Forum statements about people calling the attorney on the letter and providing statements. Not clear if it was just elaborate trolling..."
smickles: well, i have a hunch I could produce 1 article per day, if only I had the writers
smickles: yeah, thing about dooglas, anyone could do that. so if you put up a pay wall, someone else will run the script publically
mircea_popescu: struck me as a very open-source type.
mircea_popescu: i doubt you could get him to go for a scheme like that
gesell: i think you just find the people doing it and pay them a little to do it as a collective. you guide them in how to give enough information publicly but have more privately. for example dougles could put half the detail he does on his analysis of sdice and still provide huge value publicly and the rest privately
gesell: and im sure those with more money in the market would pay a lot more
gesell: smickles: i'd expect it to cover options, dirivitives, cover some hot topics ("why 21 without huge influx of new users?", with data) and have code to pwn blockchain analysis. I'd pay a BTC a month at the moment
mircea_popescu: of course, due to the idiocy that was glbse, it will be a little while yet before people trust such funds
mircea_popescu: gesell i suppose the alternative would be to just invest in a fund, and let the manager worry about daily news
gesell: mircea_popescu: yeah feels like a lot of day traders around (or that type of fervant observation)
smickles: gesell: how much would you pay for a subscription to 'btc finance'
gesell: smickles: a spreadsheet?
mircea_popescu: i think tbh, most people on mpex are btc addicts, reading it all multiple times a day
mircea_popescu: DeadWeasel i imagine something like a blog would be great.
mircea_popescu: yeah, he could do a fine job.
gesell: someone should just grab googles and others from the forum and cuddle them for a while, until eventually having such a service
mircea_popescu: well, if anyone actually starts a real analyst service for btc finance
gesell: im just assuming there will be a day im not so active with bct and might only monitor once a month
gesell: where do you anounce, on blog (with a certain category i can monitor) or here, or twitter, or?
gesell: no, i wasnt. left the scene for a while until dec last year
gesell: mircea_popescu: yeah that is the means for exploring signing up with you. im just curious if investors can get a headsup when this starts, or at least when its going to happen. rather than just refreshing the mpex website all the time
gesell: mircea_popescu: is any part of the process and application for ipos public, posted as news, by you or them? or is it pretty much until it happens. i mean, even knowing when a new company will release ipos there might be a nice way to get an alert
PsychoticBoy: <mircea_popescu> and also why put up with idiots a la PsychoticBoy eskimoblob etc filling up the forum with nonsense<< LOL
mircea_popescu: pizzaman1337 well, for multiplereasons. there's a lot of benefit to being listed as a dice site
mircea_popescu: and also why put up with idiots a la PsychoticBoy eskimoblob etc filling up the forum with nonsense
smickles: thestringpuller: generally, you cut losses and let profits ride, that's why, when you suspect a bubble, you don't sell all. you hedge your position
thestringpuller: so is this really a bubble?
thestringpuller: i read in fortune in 2011: we dont know of it is a bubble until it pops
BingoBongo: Well, Thursday was the day last week for a spike followed by "This is moving too fast" sobriety
mircea_popescu: if you want to go on a limb with it, by all means.
mircea_popescu: smickles well it's only dead to the point that i wouldn't currently trust it with a case involving my or mpex's interests
mircea_popescu: a no
pizzaman1337: mircea_popescu: I have a present for you in your mailbox :)
kakobreklaa: yeah rss thats a fail protocol
gesell: no i meant is there a delay from the values showing up here and showing up on the rss
gesell: mircea_popescu: how often does the mpex RSS update. not showing a lot of recent trades
mircea_popescu: im only pissing off a buncha pasty ass computer geeks currently.
mircea_popescu: error4733 they may be a little late rthan midnight
error4733: 8h if you want a piece of dividends !! 10K S.DICE = 2BTC @15h15UTC
mjr_: joker style...it's about sending a message <takes hammer to hard drive>
kakobreklaa: so loosing a million coins out of 20 wont do much
mircea_popescu: i can't fucking keep track of them anymore, it's all a blur. plus when i go to type into the url bar i have to type an entire word!
gesell: (the bible talks about a 1000 year reign of peace and tranquility. I wonder if in the end we will realize this is dependent on the dificulting of factoring 'n' into p and q)
jurov: <mircea_popescu> [11:04:46] mjrIII bitfloor is a bitcoinica clone running stolen code <<< you confuse it with bitfinex, no?
gesell: author of colored coin argues for using bitcoin blockchain is better than deploying a new chain due to security of pooled hashrate. other options given are subject to the long tail of adoption. also, still going through it, appears to focus on tie tokens to assets. the asset of a widgetA isnt so important to me as the reputation of the source (rx addr) for widgetA. So I have to contemplate how to use colored coin for reputation. but ignorin
mircea_popescu: guy just had a bad trip, ended up convinced "they're after him"
pigeons: this was a few weeks after the SEC was investigating "bitcoin denominated securites"
pigeons: nefario is asked questions about regulation at a conference in london, he says "who cares, can't get me"
gesell: anyone have a good reference on the history of GLBSE and its closure?
mircea_popescu: im pretty sure your bloatyblocks with messages in them would get dropped a liot.
gesell: i dont want to use use the or a blockchain as a database but also use it as the means for discovery of services, as well as the store and discovery for reputation
gesell: i know but somehow i think if you kill the special widget blockchain front end (widgetblockchain.info) it would take a while to adjust.
gesell: kakobreklaa: a seperate blockchain for widget selling?
pigeons: yeah what a slap, use his name for cred too !
kakobreklaa: its not a thing of 'harder to kill'
gesell: the advantage of using The blockchain as apposed to a new one is that you can use blockchain.info for all sorts of purposes (finding WidgedA sellers, checking reputation) and its a little harder to kill blockchain.info which has plenty of legal use, than specialwidgetsellerblockchain.info. So you could basically do silkroad without Tor
gesell: a general reputation api/protocol on the block chain letting widget providers pick their reputation provider would be wicked
pigeons: oh building a protocol on top of, yeah, see namecoin, colored coins, etc
kakobreklaa: sending some more coins with a note 'scam'
pigeons: yeah what encoding method are you using to embed this message in a transaction?
gesell: you can embed a message in the 1btc send
pigeons: explain how the "with a message embedded where where you want it shipped" works
gesell: could someone use the blockchain to sell widgets locally? That is, I sell two types of widgests: WidgetA for 1btc and WidgetB for 2btc. You want to buy WidgetA. You send 1btc to 1WidgetA1234560abcdeff rx with a message embedded where where you want it shipped. I mean, couldnt this be a service to kill silkroad?
mircea_popescu: tbh i doubt avalon turning out to be a scam tomorrow would do anything to the price.
gesell: avalon could have just added a month delay perhaps
gesell: perhaps the last ponzi (you mean pirate) but one could still game perception to swing price (if they a legitimate, non ponzi share of perceptional influance)
mircea_popescu: if you look at the graphs, was a large chunk of btc sold off
mircea_popescu: that was, as best i can guess, someone insuring a large btc obligation (via the calls) and someone trying to mommentum trade (short puts)
gesell: wait that is close to home. how is it like a 16yo that knows hax?
mircea_popescu: irl a well run bank can't compete with a "too big to fail" bank
gesell: it is attractive that a lot of the regulatory weight in fiat is taken out of the picture
mircea_popescu: as best i can guess the effect you describe is a result of the regulatory interplay in fiat.
mircea_popescu: but a simple contrast : dude hears about bitcoin and instead of going on holiday buys himself miningrigs.
gesell: mircea_popescu: is that a pattern you think would repeat in 4 years at the next halving?
gesell: mircea_popescu: so to me there is a lot of new activity from current and established users putting more of the weight into the play
mircea_popescu: gesell i guess what started things was the dwindling supply of bitcoins due to reward halving a month or so ago
mircea_popescu: bitcoin chart now officiallly looks like a ponzi.
mircea_popescu: prolly a good idea to try again a little later
mjr_: so is there a way to get exchange rate for 1d/7d/30d ?
assbot: Hell, ain't we about more fucked than a whore at closin' time, huh?
mircea_popescu: ;;later tell keefe hey, drop me a line when you're on
Namworld: can I have a free test account for my tool development, mircea?
markedathome: gesell: moody does have last price in the title, but only when a trade has occurred. It starts off with what you posted, then becomes "(20.60002) Bitcoin Data..."
gesell: mircea_popescu: ooh, rss. thanks. that's a bit easier
mircea_popescu: whoa this is a brilliant idea.
gesell: anyone know a website with the ticker price in the title of the page, so that i can just open a tab and look at the tab instead of opening pages or spreadsheets?
gesell: mircea_popescu: is there a log of assbot logs of bits on this channel? just curious how one would build and analyze historical data on their own
mjrIII: see if i can get a spot on mpex :)
mjrIII: **that was sarcasm in case anyone thinks i am a rich a$$hole**
mjrIII: yeah i heard a little about that, but i heard also that people did get bitcoins
gesell: mircea_popescu: btw do you block access to your blog from certain IP's? when im on from home (which is via a proxy at all times, out of my control) I cant get to your blog. but now, i can (in a different location atm)
mircea_popescu: mjrIII bitfloor is a bitcoinica clone running stolen code
Jackmaninov: Bowjob: no one really bids at all, hence the 0.0008 fat finger a few days back
Bowjob: there's such a huge gap, 0.72-0.49
Namworld: Make a spreadsheet like that
mircea_popescu: srsly. they started as 20 btc back when a btc was 3 bux
mjrIII: if you get the position through a broker