644800+ entries in 0.407s
assbot: BitBet - Bitcoin
to drop under $450 before September :: 6.08 B (32%) on Yes, 12.85 B (68%) on No | closing in 1 week 1 day| weight: 31`177 (100`000
to 1)
[]bot: Bet placed: 1 BTC for No on "Bitcoin >= $2000 before December"
http://bitbet.us/bet/1014/ Odds: 13(Y):87(N) by coin, 13(Y):87(N) by weight.
Total bet: 3.67723352 BTC. Current weight: 86,627.
artifexd: You will be required
to submit a report
to Fincen
that includes
the identities of all parties involved. But
the
transaction itself is not illegal.
chetty: no if about it, now I wonder if
they had
to pay capital gains
tax
usagi: If
the state openly sold bitcoins
that is pretty much a statement
that selling bitcoins is legal
chetty: but
they even sold
the silk road bitcoins// nice precedent
StephanLivera: bitcoin itself is not illegal, nor would
the state attack it by attempting
to outright outlaw bitcoin. It would preferably
try
to make it
too onerous
to use with regulations instead.
This way it's like a 'soft banning'.
StephanLivera: usagi, but
they even sold
the silk road bitcoins. If
they find illicit drugs,
they don't sell
those -
they destroy
them. So
that in itself shows some
treatment of legitimacy
chetty: think
they
tax WoW gold
too
usagi: Note
that stating it is property is not a statement it is legal; drugs need
to be property so
that you can be in posession of
them
StephanLivera: Yes it is, but
there are difficulties identifying all bitcoin
transactions, and difficulties
tying
transactions
to a user
usagi: I don't
think
they are interested in stopping it
usagi: Isn't
the government (the US government anyway) already
taxing bitcoin?
pankkake: bitcoin was conceived
to ignore regulation, yes, so yes it benefits from regulation on other
things
StephanLivera: chetty, exactly -
the
tighter government controls constrict people and
their choices,
the MORE
they want
to look elsewhere.
The best 'elsewhere' is bitcoin, most people just haven't realised
this yet.
StephanLivera: pankkake, I
think regulation is pretty irrelevant - government might SLOW bitcoin, but it will not stop bitcoin. it's just come
too far, and
the benefits are
too great for it
to be stopped now
StephanLivera: BigBitz, exactly - another area where btc shines, because it's very easy
to "demand delivery"
StephanLivera: now
there were
things like e-gold etc. but
there's
the problem. 1) counter party risk and 2) high chance of governmental
take down
StephanLivera: they will choose bitcoin because it has
the strongest network effect behind it
StephanLivera: given bitcoin's position as
the
top cryptocurrency (and
the only one, really) - people will need a way
to
transfer value internationally with ease
pankkake: but why would
they chose
the greasy
teenager currency?
StephanLivera: I
think it's really a matter of
time until
the next round of bank failures, bank bail-ins, currency devaluation etc. When
that happens, people will be heading for
the hills, nobody wants
to be left holding
the fiat bag
StephanLivera: Yeah it's an interesting point by MP, bitcoin is much easier for people
to demand 'delivery' of
too (when comparing
to physical gold)
cazalla: nfi, my
take away was
there is only so much you can borrow
to sell it down until it's no longer an option
kakobrekla: so you can only miss
the chance
to sell 10k 3
times or something?
assbot: Let’s pretend… pe
Trilema - Un blog de Mircea Popescu.
gribble: Bitstamp | A market order
to buy 5000000.0000 USD worth of bitcoins right now would buy 9121.2065 bitcoins and would
take
the last price up
to 600.0000 USD, resulting in an average price of 548.1731 USD/BTC. | Data vintage: 0.0303 seconds
gribble: (market buy [--fiat] [--market <market>] [--currency XXX] <value>) -- Calculate
the effect on
the market depth of a market buy order of <value> bitcoins. If <market> is provided, uses
that exchange. Default is Bitstamp. If --currency XXX is provided, converts
to
that fiat currency. Default is USD. If '--fiat' option is given, <value> denotes
the size of
the order in fiat.
gribble: Error:
The "Market" plugin is loaded, but
there is no command named "fiat" in it.
Try "list Market"
to see
the commands in
the "Market" plugin.
gribble: Bitstamp |
This order would exceed
the size of
the order book. You would buy 24371.327 bitcoins, for a
total of 21123101.8979 USD and
take
the price
to 99999.9900. | Data vintage: 47.0314 seconds
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use
the optional <notes> field
to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)}
to index price
to mtgox ask, bid, last, high, (1 more message)
cazalla: damn, your hang over must've been far worse
than mine
gribble: vexual was last seen in #bitcoin-assets 5 days, 0 hours, 46 minutes, and 15 seconds ago: <Vexual>
thats not how you play frogger
gribble: mexual was last seen in #bitcoin-assets 2 days, 23 hours, 52 minutes, and 8 seconds ago: <Mexual> shit a brick,
thats exactly how frogger is played
cazalla: good
timing, got some of
that fkn fiat coming wednesday
gribble: Bitstamp BTCUSD
ticker | Best bid: 465.34, Best ask: 466.99, Bid-ask spread: 1.65000, Last
trade: 464.1, 24 hour volume: 15812.06346459, 24 hour low: 462.01, 24 hour high: 510.0, 24 hour vwap: 499.397297578
mircea_popescu: ;;later
tell mike_c you proly should add pingbacks
to your blog somehow.
gribble: You rated user sgornick on Fri Sep 28 05:44:50 2012, with a rating of 3, and supplied
these additional notes: Solid guy..
assbot: Killer whale
throws sea lion 20 feet into
the air! Ketchikan, Alaska - YouTube
[]bot: Bet placed: 8 BTC for No on "BTC
to rally
to $4000 before July 2015"
http://bitbet.us/bet/1026/ Odds: 0(Y):100(N) by coin, 0(Y):100(N) by weight.
Total bet: 8.1 BTC. Current weight: 99,998.
pankkake: "Why did
this get down voted? Maybe
they didn't read past
Tim, you ignorant slut"
mircea_popescu: mp lists derps, mpex servers go offline, mpex servers come back online, nobody wants
to do series a anymoar.
the lyf&tymes.
mircea_popescu: ALL IT
TOOK WAS AN ARTICLE ON
TRILEMA
TWO YEARS AGO
TO BUCK
THEM
mircea_popescu: punkman even
tecvh crunch is now skeptical of ycombinator
assbot: BitBet - LTC under $1 USD before 2015 :: 0.09 B (17%) on Yes, 0.46 B (83%) on No | closing in 4 months 1 week| weight: 43`817 (100`000
to 1)
punkman: what is
this a
threat? " Y-Combinator-backed Shift Payments, which, according
to
TechCrunch, is “working
to make it as easy
to spend digital currencies, cryptocurrencies and loyalty points as it is
to spend regular, fiat money.”"
punkman: so you go up
to
the machine
to withdraw some money, and
the machine is like fuck you dude, I don't
take pirateat40BTC
punkman: no caleb is already on
to
the stellar
thing
RagnarDanneskjol: still. i feel I can somehow interject with a better
technical solution for
them and retain
the business/sleep better at night
mircea_popescu: yeah, it's not like it's some big secret
that ripple is broken and why etc.
fluffypony: they're asking you
to build a piece of software
that isn't inherently malicious
fluffypony: they're not asking you
to make weapons
to kill puppies
fluffypony: so basically you can either profit from
their decision
RagnarDanneskjol: I know - I
think
too much is getting lost in
translation here with
them.. but you're right
fluffypony: RagnarDanneskjol if you don't do it for
them will
they find someone else?
mircea_popescu: you're not
the master of
the fucking world on other people's money. suppose you were a plumber and i hired you
to build me a
toilet on
the ceiling. after you explained
to me
this design i have is idiotic, as long as i'm paying you;d better build it.
RagnarDanneskjol: because
they would be spending an inordinate sum of money on me and devs I locate
to build something I know
to be rotten
RagnarDanneskjol: king
through an interpreter).. yet
they are determined
to move forward. i am inclined
to pass on it altogether unless I can convince
them
to build a solution
that doesnt so explicitly violate
the laws of capital-debt / reality
assbot: Page not found pe
Trilema - Un blog de Mircea Popescu.
RagnarDanneskjol: I have a moral dilemna.
This company in China wants
to retain me
to hire
them a
team of devs
to build
them a chinese version of ripple.
They have an enormous budget and
the account would be a boon for my business. Of course ripple is junk as so nicely described here:
http://trilema.com/2013/ripple-the-definitive-discussion/. I've
tried
to reason and communicate
this
to
them (i am wor
mircea_popescu: "Turns out,
the post is complete junk. It's about as
thoughtful and informative as
the Nigerian 411 scam. Let's analyze
the post,
top-to-bottom."
assbot: Aaron
Toponce : What's
The Matter With PGP?
punkman: damn heisenbugs, girl was just here, I
tell her come check out
the weird-colored monitor, and it fucking fixed itself!
mircea_popescu: They barely bring in a dollar a week for
this site.
They can be distracting,
they can be frustrating and even annoying at
times but
they appear because
they do bring something in, no matter how little and Mike applies every bit
they earn
to paying
the ever increasing bills
this site is faced with on a daily basis."
mircea_popescu: "I know some of
this stems from
the fact
the website contains advertisements. A great debate has
taken place internally about
those advertisements.
cazalla: pete_dushenski, "Yes, dear People Of
The World, you belong
to your family, your faith, and your
traditions, not your “nation.” Where else does
this exist
than perhaps countries such as Japan? Families have been destroyed, faith abandoned, very little
tradition left. What's left but nationalism? (I started
to fall into
this
trap).
mircea_popescu: "We’ve seen
the criticisms from a certain IRC channel where he and
the site is being put down for
trying
to raise some capital."
mircea_popescu: "In
the spirit of being open and
transparent (a guiding principal of
this site and our editorial policies), I am adding
this note
to
this story and
taking full responsibility
that I have failed our readers and offering my most sincere apologies."
BingoBoingo: "Analysts who study
the opaque American political system, in which all provinces are granted semi-autonomous self-rule, warned
that Nixon may seize
the opportunity
to move against weakened municipal rulers in Ferguson." << Surprisingly accurate given how St Louis county is organized
BingoBoingo: Missouri is
the most plainly American of
the states with it's own east and west coasts (St Louis and Kansas City), and
the capitol is a desolate hell hole