log☇︎
698800+ entries in 0.449s
BingoBoingo: Or whatever the other machine is.
BingoBoingo: You pass it to the node. bitcoind could probably be abused into doing that. Armory does that well. Electrum effectively does that if you only have it connect to the node at 127.0.0.1
danielpbarron: does bitcoind let me create a transaction on one machine, and sign it on another/
danielpbarron: BingoBoingo, how would I send a transaction then?
BingoBoingo: danielpbarron: I like the idea of separating roles.
dub: check if your password is on tpb
BingoBoingo: Oh, the perils of relying on other people's computers for so much.
moiety: i can't remember my ebay password and I'm locked out of my google account to reset it
moiety: my internet just had a tantrum and fucked off for a minute or two
dexX7: worked for me, too
thestringpuller: fluffypony: you watch that video yet
pankkake: I tried to change my eBay password a few weeks ago. I didn't work.
Duffer1: no i dunno, i've never heard of them until just now
Duffer1: sounds about as legit as the first one
BingoBoingo: dexX7: Broke ass thing that aspires to be what the foundation imagines it is
assbot: Ebay asks all users to change passwords| Reuters
dexX7: what's that anyway? foundation 2.0?
BingoBoingo: China has to trade somewhere
Apocalyptic: must have seen too many of them
Apocalyptic: fluffypony, funny thing it does no longer do that on me
BingoBoingo: fluffypony: Click one of their register buttons and see how they accept payment
fluffypony: BingoBoingo: that paragraph breaks my brain
fluffypony: "hey look how cool I am, member of the American Bitcoin elite, proud Foundation bronze member, free Ross Ulbricht!"
fluffypony: I think it's like a membership card
BingoBoingo: fluffypony: And what do the cards even do?
fluffypony: all their cards look like poor Amex knockoffs
fluffypony: the most trusted name in Bitcoin?
BingoBoingo: Look at the pretense http://theamericanbitcoincompany.com/
assbot: Irssi - The client of the future
pankkake: if irsii, a tip: /last -hilight -new
assbot: BitBet - Bitcoin to surpass Berkshire as an investment :: 1120.86 B (86%) on Yes, 186.18 B (14%) on No | closing in 8 months 4 weeks | weight: 80`354 (100`000 to 1)
Apocalyptic: <bitcoingirl> if i want to short BTC, what would be a good strategy? // borrow them from someone
fluffypony: this part: "I learned it last summer when I spent 3 BTC on a $450 case of wine in Kelowna. Today, I could’ve bought that case for 0.64 BTC, and probably more like 0.1 BTC before long, then 0.001 BTC, etc."
fluffypony: lemme grab that quote from him
bitcoingirl: how do you make money trading bitcoin?
bitcoingirl: what? how does that work?
bitcoingirl: where is the assbot? how does it work
fluffypony: bitcoingirl: every time I've tried doing any sort of short-term trading I've lost money...I'd avoid that space unless you have tons of experience
bitcoingirl: if i want to short BTC, what would be a good strategy?
moiety: i usually check ident when i wake up too, and this morning i just thought, nah it'll be fine lol
BingoBoingo: assbot pulls up tickers for various bitcoin related assets
bitcoingirl: what does that mean ^^
assbot: The round stones beneath the earth... have spoken through the fire.
BingoBoingo: assbot is the other useful bot
bitcoingirl: right all these prices and volumes
fluffypony: bitcoingirl: which part, the market info from gribble?
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user moiety: Level 1: 1, Level 2: 4 via 4 connections. Graph: http://b-otc.com/stg?source=assbot&dest=moiety | WoT data: http://b-otc.com/vrd?nick=moiety | Rated since: Tue Feb 25 20:04:56 2014
bitcoingirl: sorry if these seem like dumb questions - I'm just jumping in WOT
BingoBoingo: It also manages the Web of Trust
BingoBoingo: bitcoingirl: It's a bot that reports information.
fluffypony: especially at a 3 day scale the MACD seems to indicate that some upward movement is due...or it'll just settle back down
bitcoingirl: what is this gribble that keeps coming up?
fluffypony: and in Settings turn the MACD indicator on
fluffypony: use a 3d or 1d (3 day / 1 day) scale to get a more macrocosmic view
fluffypony: for the casual observer such as myself
fluffypony: lots of traders have tools they've bought / built / whatever
bitcoingirl: where would you monitor the price if your trading on bitstamp
fluffypony: wait, didn't I just answer that?
bitcoingirl: and where was this happening yesterday??
fluffypony: bitcoingirl: the movement started on Bitstamp
bitcoingirl: and where was this happening yesterday?
BingoBoingo: Trying to shape supply and demand can be a way to lose a lot of money quickly though.
fluffypony: but it can also backfire and people can sell into the buy wall faster than the trader can pull it
fluffypony: it can make sellers move their offers up higher because they think it's an indicator of demand
fluffypony: bitcoingirl: like if someone puts up a bunch of offers to buy Bitcoin at $450 each totalling $200k, when the market is at $460, that's a buy wall
assbot: Charles Plosser thinks there’s a ticking time bomb at the Fed - Capitol Report - MarketWatch
fluffypony: still, at 3 day scale the MACD looks promising
fluffypony: and it can turn on them just as quickly as succeed
fluffypony: bitcoingirl: buy a significant quantity of Bitcoins, setup structured buy walls below market value to create the illusion of demand, all sorts of things can be done to try get it going
bitcoingirl: how does someone try to start a rally? what did they do exactly to move the market?
fluffypony: broke through the wall at 475, and stopped short of breaking through 500
fluffypony: and then someone tried to start a rally, wasn't massively successful, but it picked up a bit of steam
fluffypony: the reality is that the market is poised for movement
bitcoingirl: you sure it wasn't the Fox Business interview?
BingoBoingo: bitcoingirl: It was probably people on twitter telling Gavin to shut up that did it.
assbot: A Guillotine On a Stick That Lets You Play Caesar With Slugs
bitcoingirl: does anyone have a guess on what drove the price up 10% yesterday?
mircea_popescu: ;;later tell anarkitty hey there. ima be out for a few hours, but please don't go anywhere, i wanna talk to you whjen i'm back. you can talk to me directly by going /query mircea_popescu whether you have voice or not.
gribble: Bitstamp BTCUSD ticker | Best bid: 494.68, Best ask: 496.65, Bid-ask spread: 1.97000, Last trade: 494.68, 24 hour volume: 23910.36995140, 24 hour low: 455.2, 24 hour high: 500.0, 24 hour vwap: 484.977061657
mircea_popescu: hey, makes two of us
fluffypony: most of the people I'd trust with any portion of my money are not particularly "nice" people. Approachable, sure, and always reasonable, but not nice by any definition of the term.
mircea_popescu: cazalla has an excellent theory, i had no idea he's another zhou tong
fluffypony: moiety: whenever someone gets arrested for huge amounts of fraud, pedophilia, whatever, they interview all his neighbours and friends and they're always like "we're so shocked, he's such a nice guy!"
cazalla: TF probably finished his degree and like a lot of international students, pull a fast one on credit cards etc etc and piss off back home to avoid paying back the debt
moiety: i totally understand that. I'm the way I am because I didn't know the business of it all, i knew the character and thats why it's so hard for me to believe
BingoBoingo: I just can't get over TF losing a decade from his age by becoming insolvent.
fluffypony: moiety: and just to re-iterate, I don't know the guy, so I'm not judging his character either way, I'm just saying that *anyone* with sole control over that amount of money would have a tough time staying honest
bitcoingirl: can we go to private chate
mircea_popescu: or if not, later today.
mircea_popescu: bitcoingirl ok but make it quick cause i gotta go to town in a few minutes.
mircea_popescu: the difference is that i can write a check for ten millioin dollars to a stripper, if i feel like it
mircea_popescu: this happens to also be why i'm quite so powerful. sure there's other people with money on twitter, VCs or whatnot.
mircea_popescu: so you gotta have a big corp to sell overpriced shit to another big corp
mircea_popescu: which is why random nobodies can't b2b. because for the corp, it's too much like simply being stolen from
mircea_popescu: corp only pays specific types of things to specific types of people and that's that.
mircea_popescu: basic corp governance, nobody may write checks on the corp account.
mircea_popescu: the only reason it doesn't happen, as long as it doesn't, is that they don't actually have access to it.
fluffypony: you'd have to collude with so many
fluffypony: the reason this doesn't happen in big companies is because of the number of people involved
fluffypony: and once you've stolen a little it snowballs into "how can I steal the whole lot"