log☇︎
336500+ entries in 2.748s
smickles: the first food joint we went to happend to be a 40 yr old chineese food place, family owned and delicious
smickles: mod6: yeah, I'm here, we found a place to live day before yesterday, and just started putting our stuff in there today
noagendamarket: a pot plant maybe
boonies4u: some people say MNW was a plant
boonies4u: unless you're a business only accepting bitcoin through bitpay
boonies4u: anything involving bitcoin is a gamble
rdponticelli: I bought some dirty cheap giga.etf, but again, it's a gamble....
rdponticelli: It's all a gamble
rdponticelli: If there'll be no asic, they can recover some value, as the market has been pricing in that possibility from a while now...
rdponticelli: Yeah, is a sensible time to buy hardware, so close of the reward halving....
rdponticelli: Oh, you took a loan to buy harware?
rdponticelli: Yeah, I read a lot of people saying a lot of things
rdponticelli: Ok, I'm just saying that until ALL of those assumptions becomes a certainty, your question is impossible to answer
rdponticelli: That's a lot of assumptions
rdponticelli: That they're going to accept a swap for that supposed new product...
rdponticelli: Yeah, but in first place you're assuming that BFL is making ASICS, that they're going to be ready on a relatively short term...
rdponticelli: boonies4u: answering your question would requiere to assume a whole lot of uncertainties to be true...
mircea_popescu: i'll bet you ancient spanish golden dubloons vs delicious cream filled doughnuts that in about a year's time mccarthy shows up all lambert-like
mircea_popescu: it is a little exaggerate isnt it.
knotwork: just like most Canadian planets have an Ottawa and a Toronto and so on and Brit planets usually have a London and a Liverpool etc
knotwork: if it is a major city, probably most planets on which the Romanian nation builds many cities will have one by that name
mircea_popescu: its a city!
knotwork: is that a world, nation, province, city, novel, or what?
knotwork: (Take a look at Digitalis OT server's asset contracts, their jurisdiction is the city MI5ius on the planet known as M5)
knotwork: mircea_popescu maybe MPEX should officially have a location in a specific city of Romanian nation on a specific planet within the Galactic Milieu, where the govt of that Freeciv nation can even document specific law that applies to such markets operating on their territory of that planet
mircea_popescu: leave a comment there wouldja
bitfoo: I like the idea of a distributed, cryptographically secure MMORPG :)
bitfoo: mircea_popescu, thanks, that was a good read
mircea_popescu: a ok
kakobrekla: i a specifc one hardcoded
Diablo-D3: you must be a legally registered company in the US or EU
rdponticelli: Azelphur: we already have material for a whole saga of bitcoin movies
mircea_popescu: a sitcom
Azelphur: they need to make a bitcoin movie man
matthewh3: there will be a new licensed exchange for companies that pay all taxes and follow all legal regulations
matthewh3: well Nafario did say he closed the exchange to stay out of jail and that the GLBSE is never coming back. He also did talk about a exchange for fully regulated companies that pay all taxes
mircea_popescu: cryptorific it's not really a matter of jurisdiction tbh.
cryptorific: mircea_popescu: i'm not saying glbse or mpex should be shut down, i just think from a legal perspective that they have a serious legal liability, mpex less so because its based out of a less friendly jurisidiction but if i were you I'd be getting any politician i can to here my case for official sanction
cryptorific: and do i think a jury will buy that, yea i do, its not a matter of law its a matter of what a jury will say
cryptorific: thats what a prosecutor will say
mircea_popescu: Any other consideration not reducible to a money value is not consideration in money or money's worth.
cryptorific: ya, maybe nefario saw the doors closing in on him, and turned himself in before he got a swat team at his door at 5am sunday morning
rg: the SEC has a snitch-line setup
rg: [15:23] <cryptorific> mircea_popescu: operating and issusing unlicensed securities is a criminal matter
cryptorific: look at U.S. v. 3809 Crain Ltd. Partnership, it provides a nice definition of what money or money's worth is
cryptorific: mircea_popescu: operating and issusing unlicensed securities is a criminal matter
mircea_popescu: well you're not going to a very good school then.
cryptorific: mircea_popescu: i'm in law school in the US. I say probably because a judge will leave up to the jury the decision of whether bitcoins are a currency. A judge wouldn't make that kind of determination here because its a matter of fact not a legal matter
mircea_popescu: cryptorific "probably". dude. are you a lawyer ?
cryptorific: Anduck: if bloomberg considers it a currency then its made it big time
Anduck: it's considered as a currency when bloomberg says it is currency!
mircea_popescu: haven't changed a buncha stuff yet.
cryptorific: anduck: just because the currency isn't USD doesn't mean its not a security, I'm certain a good prosecutor will get a jury to believe that bitcoin is a currency, its readily converterible to fiat and functions like currency
Anduck: it's like a fokin habbo hotell
cryptorific: he should have gotten a real securities license
mircea_popescu: a week-ish ?
rg: i've copied a database that wasnt even hosted at bitvps
rg: get a fucking clue
Bugpowder: The coins he is holding are a legal liability if he doesn't return them to me
rg: BTC-Mining: .. i surely hope that's a rumor
BTC-Mining: Hey, what's all that talk about nefario taking user's deposits for a lawyer? That's not officially confirmed yet.
RogueAI: or that he needs to kill off glbse if he wants to register a legal entity in the UK
matthewh3: those coins he's holding are a legal liability
Diablo-D3: of course a scammer would say that
matthewh3: just been on the phone with Nafario for a good half hour
rg: hmm but 'the tool box' seemed like such a kewl name
rg: seems to be a large occurance of butt lucking
rg: ill go out there in a few mintues to investigate
rg: theres just a lot
mircea_popescu: if he bleeds alot. there's a femural artery.
rg: and it appears to be coming out at a good pace
rg: a friend of mine jus tbarges in my room
mircea_popescu: rg you know as a general principle you should first make s ure with people they're ok to be publicly outed
rg: i sold btc-mining a bunch of s.bvps
mircea_popescu: o yea, yea, cause he ended up buying a bunch of giga.etf
rg: a ton
mircea_popescu: ;;rate PeterLambert -3 the original GLBBQ scammer. Made a bunch of "funds", LIF.*, made all sorts of claims as to their investment policies, ran off.
rg: i was around a year ago and i dont know who he is
mircea_popescu: what is this, you think you run with everyone;'s money, come back a year later all is forgotten ?
mircea_popescu: PeterLambert you also have a bunch of defrauded investors.
PeterLambert: I have a face
rg: lol what a scam
rg: it was already a rip off
Ukto: is it a "company" thing, or what
rdponticelli: But it looked like a nice gamble
rdponticelli: Yep, obviously, they're a lot of uncertainties
BTC-Mining: Nefario needs to come up with a solution.
rdponticelli: The ETF pay once a month, anyway
rdponticelli: BTC-Mining: I bought some @7229. Do you think a made a deal?
BTC-Mining: or 0.5% of a cent per kilohash
mircea_popescu: ya, if we consider asics and reward double a 10600 is maybe quite right
BTC-Mining: That's a lot of trading.
BTC-Mining: If GLBSE gets the list of asset owners disclosed and Gigavps can still pay, I'd make a big win on it.
mircea_popescu: PsychoticBoy ya unfortunately, if it tracks a glbse asset it's screwed
BTC-Mining: alt coins are alts to a well established and strong first born, Bitcoins
PsychoticBoy: I did found a block with cpu mining back then
PsychoticBoy: bought them for the first time when they were 0.04$ a coin
PsychoticBoy: I have enough coins left but lost a lot at glbse
PsychoticBoy: I do wish I was a teenagr again
BTC-Mining: [06:11] <PsychoticBoy> I wish I was a teenager and knew what I know now