log☇︎
710300+ entries in 0.351s
moiety: there was a right mess with those tox devs
dexX7: okay, not this hehe
fluffypony: and the relaunch is abandoned
dexX7: some could call this improvement
fluffypony: and then the original dev reappears
fluffypony: every time a coin dev disappears then someone picks up the reigns and "relaunches" it
moiety: drama on teh interwebz? never!
dexX7: yea, there is probably too much
fluffypony: dexX7: I gave up following the altcoin drama
gribble: Bitstamp BTCUSD ticker | Best bid: 432.45, Best ask: 434.5, Bid-ask spread: 2.05000, Last trade: 434.5, 24 hour volume: 7518.22015233, 24 hour low: 431.0, 24 hour high: 455.78, 24 hour vwap: 443.02536701
fluffypony: kakobrekla: so they're going to lend legitimacy to all the scammy DACs
kakobrekla: >>I do not know NXT, but I am interested in finding (and even potentially investing in) efforts to create a peer-to-peer capital market. In fact, if a good solution emerges, you might even see Overstock be the first issuer of a stock or bond in such a market, just to help things get going! (Incidentally, we were the first to do a Dutch auction IPO, for precisely that reason.)
dignork: Localbitcoins got p0wned through social engineering: http://localbitcoins.blogspot.fi/2014/05/attack-against-localbitcoins.html
fluffypony: "Bitcoin is a mad, technoutopian fever dream that will end in tears, if it hasn't already."
benkay: it's a pretty high touch approach, which is why i'd expect to be able to carve out a niche in the space
fluffypony: yeah, that's precisely what TagPesa is has done with the South Sudanese expats living in Australia
benkay: expand the network from there.
benkay: one person in each of two cities doing the changing
benkay: but start small, none of this raise capital and scale crap
benkay: go somewhere with a serious expat community in the habit of sending money home, make friends in that group, figure out what it's costing to get money where they need it moved, and then move it with btc.
benkay: gotta be quick 'cause i'm on my way to a walk
benkay: i'd take an entirely different tack
fluffypony: we spoke about this today in fact
benkay: just because someone's doing it doesn't mean to not do it.
fluffypony: benkay: TagPesa seem to have that in the bag...just a pity about their involvement with Seedcoin II: The Wrath of Seedz
benkay: i want to get some skin into the remittance game, but haven't figured out how to.
fluffypony: I'm not suggesting that microlending to Malawians is ultra-profitable (or at all)
benkay: remittances, though...
fluffypony: benkay: I fully agree on that
benkay: fluffypony: the real issue is that microloans have a pretty bad return, what with having to chase anonymous poverty-ensnared people all over their shithole country/favela
bounce: do you have any reason to assume microlending to faraway countries will go any better than loaning on irc or whatwasthatsiteagain?
fluffypony: dignork: yep, I think I'm talking purely about using BTC as a way of getting around the cross-border issues
dignork: fluffypony: micro-lending shop will face the same problem with BTC funding - they have to go short on BTC since they provide loans in fiat
fluffypony: and the reverse for repayments
fluffypony: that also means that lenders don't need to know much more than how to get money on to BitStamp and then withdraw the BTC to their [insert loan site here] account
fluffypony: bitcoinpete: ok but let's focus on the lending space - at the moment there is already a thriving p2p micro-lending market in some countries, mostly unregulated. The problem is that the cost of transacting makes it impossible for people outside of that country to get involved.
bitcoinpete: fluffypony: i'd argue that it's too big of a pain to use for a long position to not be a pre-req
benkay: "i'm just providing a vehicle for people to go short btc!"
benkay: fluffypony: you're starting to sound a lot like the20year
kakobrekla: how are you going to fix this with implementation
kakobrekla: most of the loans that are taken get converted into fiat, meaning autofucked
fluffypony: kakobrekla: BTC can be used purely as the medium of exchange, pegged to the local exchange rate, if the lenders aren't long on Bitcoin
kakobrekla: hows that?
bitcoinpete: kakobrekla: that's part of their implementation, neh?
kakobrekla: its not implementation, its the bitcoin appreciation and volatility that makes this doa
fluffypony: which precludes their using BTCJam
bitcoinpete: fluffypony: implementation requires more formality and skill than btcjam and others imagine
fluffypony: BTCJam have good ideas, they just have no clue how to bring it to fruition
chetty: Suggests Full Employment Could Be Reached In Six Months ---hmm does that count all those that have quit looking?
bitcoinpete: the bear lobby is not one to be messed with
bitcoinpete: they used to have an nba basketball team called the grizzlies
thestringpuller: God that sounds fucking appealing as shit :(
thestringpuller: and they would pay me in bitcoin...
thestringpuller: no need to relocate just change my commute
thestringpuller: I kinda want to apply at bitpay because they are nearby
bitcoinpete: ooo http://bitcoinjobfair.com today!
gribble: Currently authenticated from hostmask bitcoinpete!~bitcoinpe@unaffiliated/bitcoinpete. Trust relationship from user thestringpuller to user bitcoinpete: Level 1: 0, Level 2: 3 via 2 connections. Graph: http://b-otc.com/stg?source=thestringpuller&dest=bitcoinpete | WoT data: http://b-otc.com/vrd?nick=bitcoinpete | Rated since: Fri Mar 28 09:14:47 2014
bitcoinpete: people think that we should cater everything to some imaginary poor person who might be offended. c'mon now
bitcoinpete: they read the rags or they watch tv or facebook
bitcoinpete: except no one with savings reads the fucking financial post article on retirement
bitcoinpete: my buddy thinks that this is "so out of touch because if I am reading this, with no savings, I wonder what the entire point is. it should at least add a context."
bitcoinpete: which i think is fair given inflation and a few decades of travel, etc
bitcoinpete: this week's couple has saved $2.7M and the post decided that this was only 2/5 stars of readiness
bitcoinpete: So the financial post, out of toronto, has a weekly feature on an older couple and their preparedness for retirement
bitcoinpete: conversations, news, this channel has it all
bitcoinpete: thestringpuller: this is exactly the point
thestringpuller: bitcoinpete is better than the lamestream media
ozbot: Blockchain CEO Nicolas Cary talks with Roya Mahboob and Fereshteh Forough of Women's Annex on how Bi
bitcoinpete: Nic Cary , the CEO of Blockchain.info, interviews Fereshteh Forough and Roya Mahboob about the Women's Annex Foundation initiative which helps and supports women through education and technology, starting from Afghanistan. The content providers on the Women's Annex platform are getting paid with the Digital Currency Bitcoin which allow them to finance their expenses and costs easily without facing problems with the banking system an
BingoBoingo: ;;later tell Micon The practical reason to register with Gribble and the WoT at the moment is to get self voicing privileges passed to you.
thestringpuller: the ones who survive get to do useful shit? y/n?
thestringpuller: can we just exile these n00bs to an island and do battle royale?
bitcoinpete: "Contract outcomes are determined in a trustless and decentralized way, through a weighted vote based on present and past consensus with a unique Nash Equilibrium where all voters report accurately on the state of markets."
bitcoinpete: "The end result is the first of its kind: a market for actual prediction-commodities, which have a value based on their accuracy and not based on the behaviour of any administrator, rival trader, or counterparty."
bitcoinpete: "Truthcoin is my ambitious project to create a trustless P2P prediction-marketplace. This is possible because, unlike most marketplaces, the end product of a prediction market (PM) is information."
cgcardona: yea I wonder who did the drawing?
bitcoinpete: cgcardona: slightly more frightening, slightly less tongue-in-cheek
cgcardona: well the old one had such a good message w/ the monopoly money
danielpbarron: i liked the old one, but it wasn't the most aesthetically pleasing design
cgcardona: wow the Trilema header changed
cgcardona: yea people seem to be down on him but I've not met him before.
gribble: Guidance : There Is No Such Thing As Bitcoin Taint. pe Trilema - Un ...: <http://trilema.com/2014/guidance-there-is-no-such-thing-as-bitcoin-taint/>; On July 29, 1914 pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2014/on-july-29-1914/>; Bitcoin pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/category/bitcoin/>
bitcoinpete: ;;google trilema bitcoin taint
danielpbarron: cgcardona: taaki
bitcoinpete: and taaki weren't involved
cgcardona: danielpbarron: why? you think its vaporware?
bitcoinpete: cgcardona: decent enough idea, if taint were a problem
cgcardona: i've been watching a bunch of cody wilson interviews over the last couple of days and it's an interesting idea
danielpbarron: cgcardona: i think i wasted $25 on its kickstarter :/
ozbot: Hurting The Poor, By Helping Them | When Bitcoin Met Pete
cgcardona: What do you guys/gals think of darkwallet ?
danielpbarron: i'm not sure yet; it could be the good money that the beast tries to suppress with his mark
thestringpuller: Christians would go fanatical over that...
thestringpuller: Bitcoin becomes the end times ~_~
danielpbarron: if Bitcoin gets to the point where I can't spend it unless I have a mark on my hand or forehead, that's when I divest from Bitcoin and start street preaching
thestringpuller: i don't trust femme fatales
thestringpuller: I would expect SuperUsers to have a mobile brothel for "socializing"
cgcardona: moiety: done (secret TCP handshake added)
moiety: hell why not get a secret handshake in there too
cgcardona: thestringpuller: yes and no - there are online documentation of 'secret societies' which meet up yearly in the same place. but yea they aren't really secret. Real secret societies probably do meet up in different places each time