log☇︎
335900+ entries in 2.392s
BTC-Mining: So if you make a split, price moves and you don't sell any contract like you wanted, at the end of the month, it results in a 0 BTC loss or gain.
mircea_popescu: a ok.
BTC-Mining: oh... so by making a split, I get twice the BTC put up front in escrow with no fees.
mircea_popescu: there's for instance a guy keeps making huge bulks of c10t s
BTC-Mining: Suppose I sell it for a fraction of it's value on the market. What happens with the escrowed BTC?
mircea_popescu: BTC-Mining is this turning into a pirate, 23/690 accts paid sorta ordeal ?
mircea_popescu: maximian i think that started like a 20mn wall
novusordo: just popping in for a second, but is my assumption that there has been no new info from GLBSE correct?
rdponticelli: Back in the times, they used to be in local time, and it became a mess as soon as they had to share information
rdponticelli: There's a reason why the systems now are configured in UTC
rdponticelli: No, it's not easier when you got a mess everytime you're trying to figure what time is in some other place...
BTC-Mining: It would clear the confusion for those with a day/night period fitting UTC (Like 0-6 AM, probably sleeping)
rdponticelli: Well, you have a point
BTC-Mining: Not everyone has, only a few
BTC-Mining: GLBSE paid a few people?
PsychoticBoy: I have not recieved a dime from GLBSE
BTC-Mining: Well, been a real mess, but at least it seems Nefario is honest even if he wussed out because of legal concerns.
mircea_popescu: pretty cool. so only been like a coupla weeks.
mircea_popescu: her romanian shocking to romanians cause it is marginally intelligible but sounds like how a sparrow or some other bird'd be speaking it.
mircea_popescu: http://www.jeg.ro/titlul-mortii/ here's a little poll as to what that should mean lol
gribble: You rated user smickles on Sat Aug 25 08:39:34 2012, giving him a rating of 4, and supplied these additional notes: He's been running MPOE.ETF and releasing THE monthly reports, a model for all Bitcoin financial reporting. Also handled k's of BTC as broker for various clients..
thestringpuller: glbse ruined a few companies
copumpkin: someone buying a lot of MPOE :)
Ukto: Chaang-Noi: you can try sending the 1k to my wallet address as a test. ;)
mircea_popescu: rdponticelli i think what it does is, it saves a provisional balance somewhere, and goes on that
Chaang-Noi: its really like a block every 30 seconds
Chaang-Noi: a netbook takes forever to sync
mircea_popescu: Chaang-Noi a, those never send.
Chaang-Noi: its like a day behind
rdponticelli_: Or you made it like those 400 from a while ago?
mircea_popescu: and whats a dector
mircea_popescu: smickles as in, charged with a lot of decorations
smickles: ok, is it that i've had a couple, or that i'm atheist that i don't understand how the bot resembles an xmas tree?
smickles: and as you know, they call me a 'merican
smickles: there is a gap between wanting to know, and wanting to exert the effort to know in 'merica
smickles: < smickles> thepulledstring: well, what i meant to say was that I wanted to know if the order which triggered the tx was a buy or a sell
smickles: a lawyer
smickles: well, it sounds viable to me. but i know, any busines which intends to keep operating long needs a couple of things
thepulledstring: This is a drunk idea. Buut it would be more of an acquiring/merchant service to solve liquidity for expenses
smickles: thepulledstring: if your serious about this, do you have a url yet?
thepulledstring: A couoon business
smickles: thepulledstring: you're going to start a moneygram>btc service biz?
thepulledstring: that would serve as a liquidity provider
thepulledstring: Yea. But i was thinking of more of a company
smickles: thepulledstring: if you are in tucson, i'll do a bitcoin for cash or a cash for bitcoin
smickles: thepulledstring: well, what i meant to say was that I wanted to know if the order which triggered the tx was a buy or a sell
mircea_popescu: http://trilema.com/2012/heroes-of-newerth/ if anyone feels like a little dota
jurov: need to hire a copywriter
mircea_popescu: but anyway, odds to miss twice in a row are 1/4. odds to hit one miss the other are 1/2
Chaang-Noi: the odds of me failing to hit it 15 times in a row is so far less than 1;4
Chaang-Noi: and what are the odds i miss it 3 times in a row and then hit its the 4th time
PsychoticBoy: No one can tell, you have to take the risk A to buy a mining device now or B preorder asics
thepulledstring: I worked in a microelectronics fabrication lab at Georgia Tech as an undergrad.
thepulledstring: My cost estimates for an asic based off of fpgaminer was about 500k for a batch
gribble: Error: 'thestringpuller' is not a valid http url.
thepulledstring: damn you still think its that long of a wait?
PsychoticBoy: is it abird? is it a plain? no, its gigavps
gribble: Error: "tlsb" is not a valid command.
gribble: Error: "calc(0/0)" is not a valid command.
Chaang-Noi: can someone help my figure something out, what are the odds of my not rolling a 1 on a 4 side dice if i do it 10 times? and never hit a 1?
knotwork: and they can claim it wasnt their fault too, as if they didnt insist and lobby etc for a website precisely to let it happen
knotwork: but if they convince someone to create a website to get hacked, then when the hack happens they have to consolation of everyonev else also suffering along with them
knotwork: dont know if the remote machine even has to run chrome or it runs a normal remote desk daemon
knotwork: its suppoosedly a remote desktop
EskimoBob: chrome sucks. You can not select individual cells from a table.
knotwork: if so people who insist everything has to be in their browser can be accomodated simply by leasing them a virtual machine running chrome with the remote desktop feature turned on
knotwork: Hey I think I saw something about google's browser having a remote desktop / pc-anywhere feature in it now
thepulledstring: gigavps when you get a list of your outstanding shares and who owns them you will be able to hunt out your shareholders who haven't made claims...
thepulledstring: For a public market
gigavps: it's beyond a worst case scenario
Chaang-Noi: oh it just took a while
Chaang-Noi: hmm s dice did not tell me about a 2 btc bet
mircea_popescu: someone should make a new ponzi on bite.me
gribble: Error: 'freenode:#bitcoin-otc:69eaf57f6336b2ca03141dcfc6bb3c41918a39d23bf42c504c512155' is not a valid http url.
darkee: prolly not the best time I could've been on a vacation...
smickles: jurov: lol, i feel like making the recitals out of a 'realization keanu' image
gribble: Error: Something in there wasn't a valid number.
smickles: i've now written a draft of a couple lines of recitals for a contract involving bitcoin transfers which i enjoy
dub: iirc bitcoincharts had a copy somewhere
rdponticelli: smickles: Yeah, the legal system is just a hierarchy sustainer, and those already stablished don't tend to like the future competition
dub: in other news Tim O'reilly is a toker
BTC-Mining: Got to return a terminal eh
mircea_popescu: (that and a bunch of people vouching)
BTC-Mining: [16:29] <mircea_popescu> the false notion that glbse was a btc-financials related website is fucking us over
FabianB: jurov: in the orderform of coinbr it would be nice if the item selectbox would have a consistent ordering
mircea_popescu: the false notion that glbse was a btc-financials related website is fucking us over ;/
sgornick: mircea_popescu: When fractional reserve is 10:1 that's when the system fails without a large amount of capital (and generally fails even with a large amount of capital)
jcpham: but there can be a bitcoin cartel
markac: "A cartel is a formal agreement among competing firms." - http://en.wikipedia.org/wiki/Cartel
mircea_popescu: and the honesty of their incompetence resonates with the inner vibration of incompetence in a large mass of others.
rdponticelli: I thought we was building a bank
mircea_popescu: money as a barrier to entry is great, because in spite of all its failings, modern society works pretty well at keeping idiots and money apart.
mircea_popescu: rdponticelli i don't want a bank tho.
sgornick: Right, wasn't calling bullshit on that you need money to open a bank. Was trying to say how that moeny requirement is bullshit.
pigeons: i'd rather open a mcdonalds
mircea_popescu: i'm serious tho, come to romania and open a bank. you need something like 50ish mn in capital iirc.
mircea_popescu: you just need a lot of money.
sgornick: Until I can legally open a bank then that is bullshit.
mircea_popescu: it's a bank after all, it's not obliged to handle your money.
mircea_popescu: well frankly, they're entirely within their right to tell you to take a hike.