419300+ entries in 0.155s
mircea_popescu: "we hope to be able to finally be back to regular delays by April."
mircea_popescu: that line got 30k worth of trades thios month, it;'s been crazy
mircea_popescu: well... perhaps exaggerated but certainly something to it.
mircea_popescu: this is true, but no government ever has or ever will survive a one third haircut of assets.
mircea_popescu: lol listen tiberiusiv, something like a 30 to 40% haircut => collapse.
mircea_popescu: it's reallty delicious when wanna-be cheaters get rammed.
mircea_popescu: on top of 20+ btc expected from bet resolutions there's about 10btc or so coming from people who tried to leech the btc/usd rate bet and got in too late.
mircea_popescu: and moreover, they're about as socialist as the uk by now
mircea_popescu: watch cops help old ladies cross the street on this model.
mircea_popescu: bitcoin is pretty much the end of mandatory taxation. society will have to cope.
mircea_popescu: as long as i got the money you're not telling me what's feasible.
mircea_popescu: familiar with the millions for defense but not a penny in bribes line ?
mircea_popescu: the cost of pushing dead bodies with a bulldozer vs the cost of pretending like the idiots are people.
mircea_popescu: i mean forget the strawmen and red herrings for a second.
mircea_popescu: dub not rly. you just want it to be correct so as not to be forced to reevaluate the coolaid you've been fed.
mircea_popescu: this is the problem with unbeaten children and "everyone living comfortably"
mircea_popescu: and the value of me showing random forum idiots what happens iof they continue is > 9000
mircea_popescu: you can do that with power tools, costs nothing per pound
mircea_popescu: <dub> but its cheaper to feed them than let them die <! ?what ?
mircea_popescu: dub i don't mind paying whores, but only if they're on their knees.
mircea_popescu: Bugpowder if it reads like youi want it to read we're golden
mircea_popescu: Because of this, keeping money in any other fiat-BTC exchanges than those two is pretty much cruisin’ for a bruisin’. Spot sellers may still be safe for a while, select ones may even be safe forever (as they’re a subset of the OTC style marketplace), but for better or worse cowboy exchanges are a thing of the past.
mircea_popescu: On a more general note : the time of cowboy style, “one man and his hopes” fiat-BTC exchanges has passed. The exchange market is moving into a new phase. There is room on it for MtGox, on account of its old age and well known brand, and for people like the Frenchies doing that bitcoin-central partner-with-a-bank thing. All other exchanges are going out, and things being what they are the majority of them will be go
mircea_popescu: ok, dns poisoning should be clearing atm by special arrangementy
mircea_popescu: confirms that Chase Bank's website has indeed been hacked
mircea_popescu: somebody fucked up their dns best i can determine atm.
mircea_popescu: ;; Received 98 bytes from 156.154.127.70#53(c.cctld.us) in 50 ms
mircea_popescu: ;; Received 228 bytes from 127.0.0.1#53(127.0.0.1) in 49 ms
mircea_popescu: dub ns1/2 are registered as ns's tho, pretty much every dns server should know them by ip
mircea_popescu: if some user gets his dns fucked up and can't resolve that server