log☇︎
668700+ entries in 0.389s
mircea_popescu: danielpbarron this being the most dangerous part of someone getting 51% : he now has a serious incentive to ddos the world.
danielpbarron: a miner doing 51% can take a ddos; any others would not be able to make the longest chain without up-to-date blockchain data
Mats_cd03: do miners necessarily have to be vulnerable to ddos? i cant say i understand how mining works in depth
assbot: Un rapport pour encadrer le Bitcoin remis par TRACFIN Michel Sapin
Mats_cd03: jihadis have a flair for the dramatic. ends up with p good war porn
Mats_cd03: i enjoy the videos quite a bit
mircea_popescu: cazalla: ISIS videos have been on there for weeks << yeah but who ever cared about that :p
mircea_popescu: cazalla: wow, sexysaffron already removed from youtube, i bet you andreas did this >> http://www.youtube.com/watch?v=-yrlh3E_qu4
Mats_cd03: are miners generally vulnerable to ddos?
mircea_popescu: TheNewDeal: wouldn't be too far-fetched to see people being paid in bitcoin, avoiding government taxation << inasmuch as you've seen this like... yesterday ? yeah.
mircea_popescu: pankkake nothing is ever easy to hide.
mircea_popescu: TheNewDeal: seems like that is going to happen a dozen times over << im hoping about 5 (of which 3 already happened. 2 moar reserved for WCs)
pankkake: do ddos the farm, you'd have to know what ips they have. pretty easy to hide from the public
mircea_popescu: least ddos-able miner farm ever (which currently is the major problem)
mircea_popescu: pankkake plus you get unexpected bonuses. such as parking one in every trailer park in the us.
mircea_popescu: pankkake course i see thsi was announced 2006. my idea was cca 2002 :p
pankkake: perhaps you want to quickly change the state you operate in. because power costs, laws…
mircea_popescu: and as for expansion... those shits stack 10 iirc.
mircea_popescu: the point is to be ab le to select just the purse.
mircea_popescu: also you have to steal the whole thing. if people had to steal the WHOLE old lady, they a) couldn't use bikes and b)wouldn't be bothered.
mircea_popescu: you need machinery for that, not really the same as backing in some pickup trucks.
fluffypony: just steal the whole container
mircea_popescu: fluffypony who's going to steal from a steel container ?
fluffypony: mircea_popescu: if you want to expand I think grabbing an existing warehouse and expanding within the warehouse is eminently more manageable, both from expansion and security perspectives
mircea_popescu: pankkake true.
assbot: Sun Modular Datacenter - Wikipedia, the free encyclopedia
mircea_popescu: but i was trying to sell a sysadmin friend on the concept of ironman isp, doing something quite similar.
fluffypony: but it doesn't seem to be a very clever use of space
fluffypony: it seems nice from a visual perspective, all these shipping-container-modules
mircea_popescu: asic miners are also the eminent tool for this. an isp can't do it because customers wil want upgrades etc
mircea_popescu: seeing how you then don't need a warehouse anymore, just a lot.
mircea_popescu: not such a horrible idea i thought
fluffypony: they shove ASICs in tanks of fluid
fluffypony: they've now secured ALL OF THE FUNDINGZ
fluffypony: so this DataTank mining crowd
pankkake: I don't need that much ssds. or I would be very very well paid if I moved everything to ssds
pankkake: anything's better than fiat. I have not had much success yet though
mircea_popescu: quote them in rolls!
nubbins`: landed a job making t-shirts for my favourite sushi restaurant :D
mircea_popescu: maybe it just buys the index
ThickAsThieves: USD falls today due to decreased github developer interest!
pankkake: so pantera is going to invest in companies, not coins?
mircea_popescu: this sticks until you actually get to know them financial minds, and find out that yes, they are actualy that
mircea_popescu: under the very flimsy - VERY flimsy - excuse that they aren't really this stupid, they're just trying to cater to the stupid.
mircea_popescu: this is like... the forum 2.0
gribble: http://www.urbandictionary.com/define.php?term=Pantera | Pantera. A fucking kickass metal band that has, believe it or not, made a special appearance in Spongebob Squarepants' episode of "Pre-Hibernation Week".
ThickAsThieves: The research report also announced the launch of the Pantera BitIndex. Measuring seven data points, according to Pantera Capital
mircea_popescu: pantera is going to make a nice rug.
ThickAsThieves: i'd guess it's cold storage and only tapped into when hot wallet is abnormally low
kyuupichan: That cosmic ray that does a bitflip between you pressing enter on the password and the software signing the txn
kakobrekla: question, do make withdrawals from that addy or they move the whole thing?
pankkake: right; but the point shouldn't be more addresses, but more holders or locations
mircea_popescu: all teh btc in one address are lost simultaneously.
mircea_popescu: well that wasn't the best way to say it.
ThickAsThieves: this is bound to be a circular debate
mircea_popescu: <pankkake> why would more addresses be more secure? << one address can't be in two wallets.
pankkake: what's the other largest address?
kakobrekla: i checked the faq.
kakobrekla: nowhere does it say they are smart.
kyuupichan: It's ironic the two largest BTC addresses are coins held in custody for others
kyuupichan: Why TF does bitstamp put all their coins in one huge address? Doesn't seem the smartest plan.
pankkake: though it definitively is easier on the eyes with 110% text-only zoom
pankkake: no, never felt the need to zoom it
kakobrekla: fluffypony thats the result yea
ThickAsThieves: chrome remembers the zoom too mostly
kakobrekla: davout yes that is being implied
pankkake: funny how many hipsters' websites have big fonts, yet those guys are young with big glasses
ThickAsThieves: mp told me to care for my eyes
ThickAsThieves: to be fair i have more than half my websites zoomed in
davout: kakobrekla: no actually the terrorists do right align
ThickAsThieves: how is bitbet sposed to be the furst biggest if so small?
pankkake: I have a narrow browser, because it's easier to read
ThickAsThieves: i just realized ive had it zoomed way in, cuz the WoL ad is all blurry
fluffypony: ThickAsThieves: I'll bet he gets into trouble with some countries for trying to import food to them
ThickAsThieves: just a random note, isnt the bitbet website kinda small, by today's resolution/monitor standards?
kakobrekla: all i can say it isnt me. which is also what i would say if i wanted to you think it isnt me. so whatever.
mircea_popescu: livers for the whole fambly!
mircea_popescu: so then you;'d have had over 33 bitcoinz ?
kakobrekla: should have done the liver too.
kakobrekla: i did it. apart from the liver.
davout: they won 6 million to zero against israel back in the day
mircea_popescu: for one thing they still need a house.
mircea_popescu: kakobrekla well yes but someone can't put all their net worth into btc.
davout: germany scoring 7 goals against brazil isn't that bad
kakobrekla: half a mio of them in tokyo
kakobrekla: hm, internets say theres liek 7mio millionaire households in usa alone
mircea_popescu: so it seems we're having further problems with teh disks.
mircea_popescu: Duffer1: they'll price it at whatever the hell they want << haven't managed it so far, no. if only it were that easy.
mircea_popescu: buy 1mn worth of btc three-four times, it's done.
mircea_popescu: kyuupichan: I wonder what it'd take to get BTC to 10k by 29 Nov. World financial crisis perhaps? << lol. no, actually, any one of about a million or so people could do it today.
mircea_popescu: mthreat haha not bad. is it a girl or a boy tho ?
mircea_popescu: kyuupichan: Right. Notice they were placed at the same time - making it highly likely they knew each other were going to bet. There was no public discussion. Hence my suspicion it's kako. << kako only has 31.35 btc.
assbot: BitBet - Argentina beats Netherlands :: 50.07 B (60%) on Yes, 32.96 B (40%) on No | closing in 11 hours 28 minutes | weight: 20`762 (100`000 to 10`000)
davout: mircea_popescu: they're the guys who give the balls to robben
pankkake: hm, right, you cannot be sure of that too
kakobrekla: yeah but i can see how time sync can also be problematic
davout: pankkake: because answer got lost on the way
kakobrekla: mpex model is to requery stat and hope to see if its in
pankkake: the other advantage is that you can wait for the return… and give up waiting after expiration
kakobrekla: so i guess giving it an expiration date fixes this in most if not all cases