334200+ entries in 2.2s
dub: anyway, as far
a business decision goes its madness to even contemplate
dub: there would be no official client, there isnt really now, theres
a reference client
smickles: "official" sounds meaningless in context of
a dev-split
BTC-Mining: That would be
a problem if they push it as the official client... who controls bitcoin.org?
BTC-Mining: If that "51%+" has incompatible rules... then we get
a split no?
mircea_popescu: if miner group
A uses hashing algo
a and miner group B uses hashing algo b
mircea_popescu: BTC-Mining that's
a different 51% attack you're thinking of.
dub: BTC-Mining: there is functionally nothing to be gained from actually using
a 51%
BTC-Mining: The risk lessens of this with each confirmation as the computational advantage the attacker needs grows to
a mathematically improbable level and six confirmations is widely accepted as being the amount where the transaction is secure from this attack.
BTC-Mining:
A miner or cartel who controls more than fifty percent of the hashing capacity of the bitcoin mining network has the potential to fraudulently double-spend recent transactions. With majority of hashing power the attacker has the technical ability to mine blocks which do not include
a previous spend transactions from the miner but instead include
a double spend of the coin. With majority
dub: riskign it all by mining
a few 10k btc is not smart
dub: point is threat is enough, asic costs
a lot to develop
mircea_popescu: in
a sense the current dev + gpu miner pools are creating that problem as it is
dub: surefire way to do that is create
a 51% problem
dub: its
a captive market
mircea_popescu: smickles this is actually
a very interesting problem. the companies have no real incentive to ship
smickles: the first person with the first asic on that first diff period will make
a lot of btc, relatively
smickles: can't you calc it with
a linnear gain in diff?
Diablo-D3: WW2 was
a result of social planning.
Diablo-D3: all its going to do is put
a lot of people in prison.
dub: this, everyone is equal idea and can succeed if they want to is quite obviously
a sick joke
Diablo-D3: when they threaten people for not joining and also act as the bosses of the workers they protect, theres
a problem
dub: they are
a counter point to offset the coproration with
a competing corporation
Diablo-D3: it collapsed
a few of the smaller rich people empires and forced the rest to comply
Diablo-D3: mircea_popescu: it was
a gamble, but they worked
mircea_popescu: dun dun dun. i think this may actually be
a net gain for him
dub: isnt america
a union?
Diablo-D3: <Romney> Fuck. You know, fuck is such
a wonderful word. It describes, pain, pleasure, surprise, and what I do to the American people each and every day.
Lucidize: I have to apologise to you for being rude one day,
a while back
Lucidize: Don't worry, I'm not
a guy lol :P
mircea_popescu: as
a nice bonus, the person doing that isn't usually black.
Diablo-D3: seriously, they're like, on
a higher plane of existence, man
kakobrekla: dub it wont do. its
a very special plant.
dub: google says its
a restaurant
kakobrekla: the one we discussed
a few minutes ago on pm
jurov: so, B.MPCD.
A exists no more now?
mircea_popescu: <assbot> [MPEX] [B.MPCD.
A] [PAID] 350000 @ 0.00002 = 7 BTC
kakobrekla: 00:38.04 ( @assbot ) [MPEX] [B.MPCD.
A] [PAID] 350000 @ 0.00002 = 7 BTC
mircea_popescu: B.MPCD.
A paid
a total dividend of 350.00000000 BTC to 350`000 outstanding shares
assbot: [MPEX] [B.MPCD.
A] [PAID] 350000 @ 0.0001 = 35 BTC
dub: wat is
a MH/s worth today
assbot: [MPEX] [B.MPCD.
A] [PAID] 350000 @ 0.00002 = 7 BTC
mircea_popescu: "Yes, 2.0 was pretty much the beginning of all this, though I'd prefer the perspective they had when it was implemented as
a command-line client."
EskimoBob: try that help. It send you to
a completely useless page
gribble: Error: "bc.stats" is not
a valid command.
knotwork: just set up
a strategy that knows not to actually submit any orders from any of your other servers to the stock market, just submit them to your archives
knotwork: its more for doing things like getting live quote streams from Yahoo Finance and placing orders on the NYSE or
a Forex place etc
knotwork: probably to get it to talk to OT or to MPEx we would need to make
a filter that translates FIX protocol orders/commands into OT or MPEx protocol
knotwork: I only
a few minutes ago got it to talk at all, to my web browser
knotwork: it looks like you can do anything but its using FIX protocol to communicate so maybe when you place and order you are not supposed to you will just get
a rejected back
knotwork: Marketcetera Tradebase is
a web-based reporting application for all of your trading activity.
smickles: thestringpuller: there is occasionally
a gap b/t when mircea's bot cancels its orders and replaces them at
a new price
PsychoticBoy: maybe its
a good idea to add mpex to the hidden wiki
PsychoticBoy: sure thing is, this whole GLBSE, DMC, usagi and you name them I know more and you do too saga is kinda funny in
a way
dub: in 2015 eveyone will be panicing about worthless 1st gen asics because BFL will have
a nanotube asic out in november
mircea_popescu: im looking forward to 2015 or so, when asics have become well established, there's
a few classic chip designs
thestringpuller: PscyhoticBoy how many coins does your mining rig get you
a day?
PsychoticBoy: I give him
a handshake PERSONALLY and he gives btc, deal
smickles: mircea_popescu: you don't have
a laptop that has nothing valuable on it?
jurov: magnification help
a bit, but only
a bit
dub: mircea_popescu: sure there is some wit to
a few of his posts but he likes himself too much and really doesnt have
a lot of depth
dub: gage I get
a distinct paranoid schizophrenic hillbilly signal from
dub: loupgaroux is just
a cronic masturbator, contradicts himself constantly
mircea_popescu: pigeons iirc threw
a fit too. why do you all hate gage!
mircea_popescu: i made some offer to forum ppls to get 10k share blocks
a while back
mircea_popescu: iirc when
a girl pointed that site to me i got lost in there for 30 hours