log☇︎
720700+ entries in 0.352s
bitcoinpete: Brewster: "Actually I thought we had 5,000, but I have checked the wallet and the coins are not there, I spent them somewhere but I don't remember on what.......we have only 140 coins left."
ozbot: NEO & BEE: THE FULL PICTURE : Bitcoin
bitcoinpete: the twitter is 6x older than the blog. all in good time
davout: jurov: ThomasV is working on accounts??
bitcoinpete: mircea_popescu: and in at #8 is the bitcoin foundation's annual letter lol
ozbot: Bitcoin was written by the retarded, part II pe Trilema - Un blog de Mircea Popescu.
fluffypony: but I had this little brain-fart of an idea of using accounts mapped 1:1 to an address on an exchange (turns out my understanding of "accounts" was incorrect)
mircea_popescu: oh jesus those things.
jurov: electrum devs try to do accounts right, we'll see how it comes out
fluffypony: jurov: they're deprecating it
jurov: i think it was about bitcoin-qt accounts
fluffypony: Apocalyptic: hence my #bitcoin-dev question on accounts, I was wondering how "auditable"/visible they were publicly (the answer being not-at-all)
Apocalyptic: operational security is hard to improvise
fluffypony: and unfortunately in the case of many an operator in the Bitcoin/cryptocurrency space they don't scale their control measures in line with the money they control
fluffypony: in other words, operators may start off with good intentions, but when they suddenly realise they're sitting on a large pot of gold, are they still trustworthy?
fluffypony: so I pointed out that lending a buddy 200k Dogecoin today is worth a whopping $120, but Dogecoin's market cap is tiny ($44 mil as opposed to $6.2 bil), and would he trust his buddy to not run with those coins if they were worth $17 000?
fluffypony: I think it goes back to a discussion I had with someone the other day - he was espousing the values of the Dogecoin community, and how nice everyone is, and they don't have "scams like Bitcoin has"
ThickAsThieves: of not being able to prove you arent stealing
ThickAsThieves: but then you'd also be the guy with the problem
ThickAsThieves: so, it would go that you might be better off investing in owning a dice site privately, than being a public investor via shares or a shared pot
ThickAsThieves: the difference with bitbet is that the interests are better-aligned
ThickAsThieves: you still must trust them to hold your coins and pay them out
ThickAsThieves: you cant remove trust from the problem here
fluffypony: at least not in the traditional sense :-P
fluffypony: davout: and this is why I don't gamble
mircea_popescu: Duffer1 and then gigaom harps about how coindesk is relevant in bitcoin.
HeySteve: davout, in theory
davout: fluffypony: running away with the pot/cheating -> different problemz
fluffypony: ThickAsThieves: so then what about a hot-wallet, lost roll amounts are sent to a cold-wallet, and the cold wallet is multi-sig, with a board of investors holding keys and the site operator holding keys. payouts happen once every 24 hours instead of immediately.
HeySteve: right, well the more cycles wasted on lazy people using halfway solutions the better?
fluffypony: ThickAsThieves: yeah, so when the pot is big enough he can duck
ThickAsThieves: fluffy, the problem is the operator has the key
davout: HeySteve: there is no "person who can't do that", there are lazy people
Apocalyptic: HeySteve, it will improve the illusion
Duffer1: " PayPal global asset protection officer, told her that as of September 2013, PayPal froze BFL’s account containing $11 million and that PayPal received 6,000 complaints in total."
HeySteve: Apocalyptic, I'd encrypt myself for anything sensitive but this will improve things for people who can't do that
davout throws a branch of celery to ThickAsThieves to calm his anger
fluffypony: ThickAsThieves: surely the solution should be that all rolls are on a single address, no change addresses?
Apocalyptic: or you end up with a thing that is neither one nor the other
ThickAsThieves: no solution to date
Apocalyptic: "we do everything possible to make Lavaboom easy to use while keeping the service as secure as possible." HeySteve, you can't have it both ways
chairman_meow: heh. so is there a solution to this?
ThickAsThieves: well in this case, it happens to be the first question i eve rasked in bitcoin
davout: chairman_meow: no, he read the logs
HeySteve: wanted to mention earlier, Lavaboom looks promising for secure email: https://lavaboom.com/nerd-info.html
ThickAsThieves: that it doesnt prove the operator isnt stealing?
Duffer1: sounds like this guy is going to pass away in prison like his father
fluffypony: don't think so
mircea_popescu: the noose tightens.
ThickAsThieves: "Vleisides' finances have been in question for the past several months," particularly because his residence "was recently purchased by BFL for approximately $400,000 in cash.
fluffypony: lol, theymos getting called out on /r/bitcoin now - http://www.reddit.com/r/Bitcoin/comments/23o0hs/an_rbitcoin_moderator_seems_to_be_a_wellknown/
ozbot: Why your fingerprints may not be unique - Telegraph
ThickAsThieves: i was trying to point people to check out bitcoinpete's expose on maidsafe and they didnt approve my comment
mircea_popescu: Blazedout419 the gauguin ?
Blazedout419: lol love that painting mircea_popescu
mircea_popescu: ThickAsThieves my contributions throughout my life have been nixing things and doing weird shit. in that order.
chairman_meow: hmm there doesnt seem to be something like just-dice
ThickAsThieves: mostly mp just adds randomness to bitbet ;)
mircea_popescu: only for the good stuff
chairman_meow: everydice.com looks like what i'm looking for. kinda shady though
ThickAsThieves: but maybe read and learn about bitbet before worrying about how to buy it?
mircea_popescu: i think it was von trier maybe ?
chairman_meow: ThickAsThieves: nothing that allows me to invest small amounts?
mircea_popescu: anyone recvalls that film where an aspiring actress ends up killing her baby ?
ThickAsThieves waits for "30btc to register, fuck that!"
chairman_meow: ThickAsThieves: i want to invest in gambling sites. I just don't want to put everything in just-dice
ThickAsThieves: what is just-dice missing that you seek?
ThickAsThieves: even the bathroom sink is more suited for male pissing than the toiley
asciilifeform: waiting for a bright fellow to make next step.
asciilifeform: someone already sells toilets with 'garbage disposal'
ThickAsThieves: we had this habit when i rented with other dudes
mircea_popescu: asciilifeform i thought that's where the us was headed with the garbage disposal things
ThickAsThieves: i always wondered why people dont piss in the sink
Apocalyptic: ThickAsThieves, there is no bother too great for security
asciilifeform: save the bother of walking
asciilifeform: why does your flat need both a toilet and kitchen sink?
ThickAsThieves: it does seem a bit silly when you consider any mail client made for encryption essentially exists to remove the bother of copy-pasting
fluffypony: although probably 95% of my mails aren't encrypted or gpg signed because that would require educating all recipients on how to decrypt them
asciilifeform: it's not unlike toilet in the kitchen.
mircea_popescu: sanity is separating risks not bundling them.
mircea_popescu: this works with all carriers, cause it's not their job to encrypt. their job is to carry.
mircea_popescu: i just encrypt in gpg, everything the same way, and then paste the text in an email.
fluffypony: Mailvelope does GPG in the browser (Chrome only, FF coming) for GMail
mircea_popescu: this is exactly wrong. i do not need gmail involved in encryption any more than i need incentivised wot
mircea_popescu: ThickAsThieves why do i need to mix the channel and the security layer at all ?
ThickAsThieves: isnt there already an opensource pgp mail client?
asciilifeform: the concept of 'private key' is apparently high mathematics to some people.
Apocalyptic: even if it's done locally, you trust google to provide the right js script or whatever
ThickAsThieves: the line is drawn at whether the encryption happens locally or on google servers, right?
Apocalyptic: <asciilifeform> seriously, how much radiation damage someone would need, to swallow this crap // i like the way you put it
mircea_popescu: it's not encrypted to stop google reading it. it couldn't be
mircea_popescu: it's just encrypted to stop the leaks wherein haxxors get the pm's email.
fluffypony: although that'll be interesting - how will gmail search work if your mail is encrypted?
ThickAsThieves: google just wants you to enter their cage for the most part
mircea_popescu: Naphex no, gmail was because yahoo sucked and they did mail.
fluffypony: Naphex: they still know what you're searching
ThickAsThieves: Naphex i dont think so
Naphex: didn't google launch gmail just too show ads on your mail context?
mircea_popescu: poor github. so who's replacing them ?
mircea_popescu: dude srsly ? cofounders split up over that horvath nitwit ?!