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mircea_popescu: maximian he;s a funny guy. he was active in the s.dice thread back in august
mircea_popescu: they ARE expensive to do tho, so in a sense a self limiting condition
mircea_popescu: mpex is pretty much the only thing that even has a prayer at it, but otherwise... nope.
mircea_popescu: maximian it's temporary tho. they've not credited the acct to pro status yet
mircea_popescu: Rick__ the price hasn't appreciably changed since trade has been locked for the past ~12 hours
mircea_popescu: BitHub not really an api but still, i don't think so, it's all json after all.
mircea_popescu: worst case scenario just moved to "if 10 Gb pipe isn't enough to stop ddos, we just trade via mpexbot"
mircea_popescu: ok so, im closing the ordering now, because i don't want inconsistencies. this is all testnet stuff.
mircea_popescu: now, mpex infrastructure is being upgraded, and it will be back sometime today.
mircea_popescu: Rick__ it is a method of talking to mpex that can not be ddosed
mircea_popescu: ok so! what you folks see here is a historical moment.
mircea_popescu: "Maybe some quota-filling cop thinks you look like a whore."
mircea_popescu: for the other, security strictly depends on the block being finite.
mircea_popescu: maybe it's a bad idea for coders to be allowed to chose their language.
mircea_popescu: BingoBongo ya srsly. why the fuck do these people make these choices.
mircea_popescu: they who have anything to lose are, of course, the miners. so a system where miners vote somehow on standard block size may be a replacement, maybe.
mircea_popescu: ie, "let they who have anything to lose decide where it should be"
mircea_popescu: now, the only way to change something like that is the way gavin proposed it
mircea_popescu: as stupid as that may turn out to be, it's still in the fucking contract
mircea_popescu: if i get married to you on the understanding that you always wear red underwear
mircea_popescu: mod6 the problem here tho is that bitcoin as it is is bitcoin as it is.
mircea_popescu: recently i discovered the way bitcoind works is all quirky and based on assumptive limitations like that.
mircea_popescu: i never understood how that 250k limit got to be there
mircea_popescu: And thus it came to pass that the splendid son of bright-minded Keleos,
mircea_popescu: this of course becomes problematic for pricing options.
mircea_popescu: they have been bleeding market share month by month by month. by now i wouldn't even bet they do a third.
mircea_popescu: the thing is tho, the net result of mtgox's however we call it, incompetence, being stretched too thin
mircea_popescu: moreover, there's some lessons being learned here. everyone wants to be more like mpex.
mircea_popescu: the us public becomes even more underserved, isolated, ghettoized
mircea_popescu: it's a win-win : the noobs get bragging rights (which they don't know how to use, but hey, youth), mtgox gets out of some stick.
mircea_popescu: after the french fiasco they certainly didn't feel the need for a replay, so.
mircea_popescu: BingoBongo im not even sure they seriously want the #1 spot.