log☇︎
71600+ entries in 0.998s
asciilifeform: and virtually anything you might think of as stationary, can be dismantled and sold, if the will is there
asciilifeform: just as rebar was 'mined' from soviet missile bases.
kakobrekla: I'm selling really beautiful wordpress theme for social betting site as yours. I know that your site is not running on wordpress but you never know. Hopefully you might be interested to uptade the look and feel of your site.
dub: as was I
asciilifeform: they've got - 'remote viewers!' with magic. as seen 'men who stare at goats.' surely.
truffles: theyre probably reading your plans as we speak
mircea_popescu: yes. it was as stupid as only a 20yo ancient bitcoin user could have conceived.
mircea_popescu: i wish i could still say the same, but at least as far as paper valuations are concerned...
mircea_popescu: they wish "to be part of" various things. such as "change", "progress", "the solution" and not "the problem" etc.
opc0d3: #1 AMAZING exchange ICBIT.se will be adding options soon. Very low pricing.... MPEX will be a wasteland of ZERO volume as soon as ICBIT.se adds options.... What a joke MPEX is...
pankkake: "I expect MP was abandoned as a child and this is how s/he gets back at the world."
mgio: yes, i know, but as any in the industry knows, that is completely IMPOSSIBLE
pankkake: mgio: the issue is decentralized order books. the "best" proposal by mastercoin still sucks for many reasons (you can back out of a trade and thus easily put fake buys, it's slow as fuck because you have to wait for a block each time, etc.)
mgio: basically uses the blockchain as a way to store who owns what
thestringpuller: as ThickAsThieves said*
thestringpuller: Because, as ThickAsThieves was need things worth investing in and places worth doing it
pankkake: as always, blame others for your mistakes!
thestringpuller: it flew up to as high as 0.00117
deadweasel: i'd like to believe this will start snackman on his path to enlightenment. but seesm as though he will retrench into stupidity.
mircea_popescu: "As a consequence BIPS will temporarily close down the wallet initiative to focus on real-time merchant processing business which does not include storing of Bitcoins."
BingoBoingo: I just hope Anand takes his last two games as white as an opportunity to break this god damned Ruy Lopez monotony.
pankkake: actually doing that would probably qualify you quickly as a terrorist
BingoBoingo: asciilifeform: I liken that sort of stuff to the people who support Elliptic curve cryptography because the short keys let minimalist embeded smartcard hardware carry out thousands of operations a second as opposed to hundreds for RSA with appropriately long keys.
truffles: "Unconfirmed bets are not refunded. Kindly see FAQ, and include tx fees next time. Think of the miners!" >>> as a gambler id be pissed if it was 10 cent
mike_c: i guess frustrating because i tried the same when he was crying in this channel, and got just as far.
mircea_popescu: i don't think it'll be possible it not works the same way as prev one.
mircea_popescu: as a result went to bitcointalk to complain there, mpoe-pr was mean to him
mircea_popescu: as a result he came here to bitch, bored people to death
mircea_popescu: Those redditors, as redditors are wont to do, offered a mixed bag of responses. Some were flippant, some mistook him for Rep. Jim Moran (D-Va.),
mircea_popescu: as if there ever existed a twitterho that'd have eschewed linking their 50 follower twitter account to that announcement.
deadweasel: so, business as usual?
mircea_popescu: as it works with bitbet, i am here to receive all praise please. if anything breaks or malfunctions then talk to asciilifeform
asciilifeform: (appears as 'usb serial' device.)
mircea_popescu: but yeah the idea is to keep modularity. we want to be able to reuse as much as possible of trhe shiot we make in other things down the road.
deadweasel: alass, I have only questions, as usual.
asciilifeform: 'as the toys are, thus also are the players.'
nubbins`: i'd say the average per-person trade volume decreases steadily as the value of btc rises
mircea_popescu: topace you're talking as if funds are chinese food.
jcpham: i'm going to take that as a no for now so i can do what i need to do
gribble: You are identified as user jcpham, with GPG key id C71FB5ED6ACE04AF, key fingerprint F7299BD73879E866613EAB24C71FB5ED6ACE04AF, and bitcoin address 15MDLP4wazp4TP2Josmk1WiZRU5LhFvBCn
mircea_popescu: i have never seen nonsense so resilient as the stuff nefario pioneered.
mircea_popescu: Is it customary for a multi-million dollar registered business to withhold information such as the names of its owners/directors? Can we at least get a link to your Facebook page or YouTube account?
asciilifeform: as if joker can't patch gdb
thestringpuller: i think bombshells following you is a clear indication you are as cool as Bender Rodriguez
mircea_popescu: the femme fatale is the weakness of sexually insecure, latently gay heroes as constructed for the sexualyl insecure, latently gay us public cca 1950
mircea_popescu: as it should be.
dexX7: such as?
deadweasel: romania, we love thee: SEC chair wrote "Regardless of whether an underlying virtual currency is itself a security, interests issued by entities owning virtual currencies or providing returns based on assets such as virtual currencies likely would be securities and therefore subject to our regulation."
asciilifeform: the nodes are now worth more as classical spam drones again.
asciilifeform: as far as i can tell, botmining is winding down. (i get paid to study botnets.)
dexX7: hey ThickAsThieves, your attention as co-founder of neobee :D and am board member is asked for https://bitcointalk.org/index.php?topic=99497.msg3643642#msg3643642
bgupta: best as I can tell they shut themselves down due to fears of AML/KYC regulations in the US. I don't think anyone can speak for anything else.
nubbins`: i was worried for a bit, because i ruptured the other drum as a child and it's never been the same since
pankkake: Bugchasing is a slang term for the practice of pursuing sexual intercourse with HIV-infected individuals in order to contract HIV. Individuals engaged in this activity are referred to as bugchasers.
mircea_popescu: then as the same noobs discover that gox is fine and dandy but you can never get paid by it...
mircea_popescu: here's how this works : as noobs come in but don't bother to learn what's what, the prices go up on all exchanges
mircea_popescu: and perhaps the faq would benefit from a clarifying statement about when transactions are recognized as having bet. << afaik one confirm is good enough to put you on the rooster.
bgupta: so anyone catch the hearings? Jeremy Allaire came off as a total tool, was basically like "yeah it's important that we hold innovation in financial services to a higher standard, so it's good thing that entrepreneurs have to go register with all 50 states to get licensed as MSBs to operate in the US. My company Circle (Jerk) is going through it. It's really good that it's very expensive, since it limits it to
mircea_popescu: apparently they changed their "contract" (what peas-for-brains regard unsigned matter as "contracts" is beyond me)
bgupta: popular stereotype is that chan chinese are hoarders. Recent real estate prices indicate they are speculators as well. /me wonders if any good can come of this perfect storm.
nubbins`: well, not so much as i crave financial independence
kakobrekla: same address as it would be for winnings
snackman: mike_c if the transaction was broadcast at a certain time and later confirmed, the broadcast time stands as accurate
benkay: and perhaps the faq would benefit from a clarifying statement about when transactions are recognized as having bet.
snackman: Nuggie_ it's bullshit that bets aren't counted as occurring at time of transaction broadcast... that's what hte bitcoin network is abut
bgupta: likely to end up closing the loop at a higher price then sold. might as well just trade somewhere or hold.
snackman: mike_c it doesn't have to kill the bet too early... it could just go asymptotic as the bet's satisfaction approaches
Nuggie_: i have the same concern as snackman
Diablo-D3: dexX7: d3 as in what?
benkay: almost as good as pif
jurov: well, since some physicists think that black holes radiate out the stored information as hawking radiation, they may be ideal for data archival :D
BingoBoingo: ThickAsThieves: I'm thinking reverse as in TSR had the head arrested in an very organized and police way, where this is just user data getting dumped like when anons hack government stuff.
Bugpowder: Do not bet after a bet is closed, and just to be on the safe side don't bet on a proposition that's imminently going to close (such as don't bet after the condition of the bet has been satisfied in the hopes of peeling some BTC off the suckers that took the risk). Also, it's always a good idea to include a fee in your transaction: they aren't really that much and the network depends on them by design.
Bugpowder: You're screwed. BitBet will keep your bet, report it as revenue (under the gracious donations to shareholders heading in the monthly reports) and distribute it to shareholders.
asciilifeform: most of the candidates for carrying out the algo are woefully underequipped to survive so much as a week outside of their terrarium.
Bugpowder: “Serious criminals looking to hide their tracks are more likely to choose a centralized virtual currency run by an intermediary willing to lie to regulators for a fee, rather than a decentralized currency like bitcoin that, as a technical matter, must make a record of every transaction, even if pseudonymously,” Brito points out.
KableKiB_: well i want to help btc as a currency, so I try to use it to buy my daily things (by buying gift cards mostly), but those are things I would buy with fiat anyway
icynot: but still, only sell as many btc as necessary to acquire bread and electricity.
KableKiB_: hey i dont really have experience with betting (even non btc), can someone tell me if I bet on something with no bets on bitbet what I can expect as a return if I win the bet? does it depend on all bets after or just the first bet against me?
nubbins`: the trick is to start relaxing your piss muscles as you approach the urinal
pankkake: "We are registred as a game creators and digital entertainers."
kakobrekla: you can never be too sure it doesnt come out as 699999999
mircea_popescu: asciilifeform perhaps that's a cogent point, as to selection being mostly lineage.
mircea_popescu: is he going to dive into bitcoin or is he carefully going to sit on the bylines, "neg"in Bitcoin as if it cares, all the way from .5 to 500 ?
mircea_popescu: well... i don't care why the cunt don't, but as long as it don't it can't.
nubbins`: not as brutal as the fact that this guy obv devotes hours of his life to each titty-flash
mircea_popescu: i don't think anything is so consistently lulzy in teh harem as web pick up experts.
mircea_popescu: as there's no actual... you know, 2nd chain
pankkake: yeah. or they are malicious perhaps, as it must be used for something?
mircea_popescu: 270142 appears as more recent than 270143
Apocalyptic: haha, my bet as well
Apocalyptic: "We all have backgrounds in engineering and electronics disciplines, as well as military security, and physics." I wonder who did the paperwork for all the regulations, no financial guy there
ozbot: Ayn Rand's Vision of Galt's Gulch Has Become Reality As Of Today
mircea_popescu: http://dollarvigilante.com/blog/2013/5/27/ayn-rands-vision-of-galts-gulch-has-become-reality-as-of-tod.html
mircea_popescu: the process is that an extra proton eats a low electron to create an energetic neutron and spits it out as a neutrino
asciilifeform: if i recall, Hg as starting point.
mircea_popescu: iirc it was ~1mn a gram as a degree of magnitude ?
mircea_popescu: people insist to not understand that the value of 1gw you can peel into 1kw consumers is not the same as the value of 1mn 1kw producers you ahve to link to 1mn 1kw consumers.
asciilifeform: given that: it isn't simply a mass of wire, but step-down stations as well.
asciilifeform: odd as that may seem