log☇︎
730400+ entries in 0.343s
benkay: ;;later tell mike_c i guess the appropriate local metaphor would be "for those who prayed, dove through, and magically weren't sliced to bits by the chumpatron"
gribble: Bitstamp BTCUSD ticker | Best bid: 425.76, Best ask: 427.8, Bid-ask spread: 2.04000, Last trade: 427.8, 24 hour volume: 10250.88892261, 24 hour low: 422.0, 24 hour high: 457.15, 24 hour vwap: 441.247888245
nubbins`: sometimes you think? :D
benkay: ;;later tell mike_c sometimes i think supply is constrained on the fiat -> btc pipe. if cash and reputation and connections are all you have, that's not a terribly wide pipe. perhaps there was something to gox' occasional ability to turn fiat wires into btc
benkay: tell me that ain't a slide
gribble: Bitstamp BTCUSD ticker | Best bid: 424.65, Best ask: 425.0, Bid-ask spread: 0.35000, Last trade: 425.0, 24 hour volume: 9537.03368365, 24 hour low: 425.0, 24 hour high: 457.15, 24 hour vwap: 442.726862095
gribble: Bitstamp BTCUSD ticker | Best bid: 429.0, Best ask: 429.44, Bid-ask spread: 0.44000, Last trade: 429.0, 24 hour volume: 8820.67184451, 24 hour low: 429.0, 24 hour high: 457.15, 24 hour vwap: 444.354375194
gribble: Bitstamp BTCUSD ticker | Best bid: 432.0, Best ask: 433.74, Bid-ask spread: 1.74000, Last trade: 432.0, 24 hour volume: 8132.48884064, 24 hour low: 432.0, 24 hour high: 457.15, 24 hour vwap: 444.759992859
TestingUnoDosTre: if you want to get Lifefucked
Shakespeare: facebook lols: I made a post briefing normals on heartbleed and the general concept that internet privacy doesnt really exist. Here's the best response so far: "Is Lifelock an answer?"
TestingUnoDosTre: no disagreement there
benkay: there were serious distortions in the market over the past year
mike_c: see, i told you it wasn't an input ;)
TestingUnoDosTre: wait a tick. The last block reward halving was November 28, 2012. DOH
Shakespeare: "This episode of CSI is so (adjective I forgot), the only way to experience it is to watch!"
Mats_cd03: i wonder what the benefits are like
TestingUnoDosTre: jborkl, what was your point. I didn't understand - what was bugpowder talking about?
jborkl: He was not good at that
jborkl: And if mtgox inflated the supply of coins so the price should have been depressed
thestringpuller: Bugpowder was a compulsive gambler too.
jborkl: Short term sentiment
jborkl: That is to what he is referring
jborkl: Bugpowder was a excellent trader
TestingUnoDosTre: His example is slightly hogwash, as mtcox falsely increased the supply of bitcoins, and the price still increased.
mike_c: benkay: it is fine to say it is an input. but i am saying it is a miniscule part of the equation.
ozbot: Bitcoin prices, Bitcoin inflexibility pe Trilema - Un blog de Mircea Popescu.
benkay: mike_c: have you ever done the physics thing where you draw a circle around a system and label ins and outs?
TestingUnoDosTre: they will be if Bitcoin does worse than BRK-A this year
mike_c: for instance, mp has a bunch of coins. they are not supply because they are not for sale.
benkay: which is the whole damn point
benkay: its the only way you can make the thing conserve
benkay: supply is input into the system
mike_c: it's not static. supply is not how many btc there are, it's how many are for sale.
benkay: we know how many btc there will be per block
jborkl: We know how many btc there will be next year
benkay: only valid frame of reference, TestingUnoDosTre
TestingUnoDosTre: ooo I like that... like a thermodynamics equation
mike_c: (not butthurt). but the system being discussed is supply on the exchanges. which is not equal to freshly mined coins. many other factors.
benkay: sorry that was rude of me, mike_c
benkay: the only constant input in the system is the mining reward
TestingUnoDosTre: if you're talking about mined BTC, that supply definitely dropped
benkay: supply is that which is constant!
benkay: when was the last halvening?
TestingUnoDosTre: but were they entirely related?
TestingUnoDosTre: what are your thoughts on the price spike of btc so close to the block reward halving?
mike_c: i butthurt gribble. <gribble> You've given me 12 commands within the last minute; I'm now ignoring you for 5 minutes.
gribble: Estimated time of bitcoin block reward halving: Wed Aug 24 22:01:08 2016 UTC | Time remaining: 2 years, 19 weeks, 4 days, 20 hours, 20 minutes, and 0 seconds.
mikaeldice: ;;aol I want to invest in bitcoin securities
gribble: i wonder what this will do 2 my text:):):)
nubbins`: ;;aol i wonder what this will do to my text
mod6: whats up benkay, thestringpuller is in transit or something
gribble: Bitstamp BTCUSD ticker | Best bid: 440.71, Best ask: 442.09, Bid-ask spread: 1.38000, Last trade: 440.71, 24 hour volume: 7899.65578584, 24 hour low: 438.08, 24 hour high: 457.3, 24 hour vwap: 446.436343416
decimation: mircea_popescu: "kalophilos, exists as such in german" << I see what you did there
thestringpuller: i was just lol'ing cause i've talked about otr unrelated to this channel today; so lol'ing at the coincidence
dignork: Sammey, printf("We're all going to die\n");
dignork: jurov, i have otr in weechat, want to try crushing it? just curious.
jurov: so i'm not going to trust that one, too :)
jurov: oh and original znc-otr succeeded to crash weechat's otr
dignork has a hude monitor, one window is too depressing
jurov: so i don't have to stick to one client
dignork: done shilling for today
pankkake: irssi otr known to be buggy
dignork: jurov, try weechat, no stick/unstick madness, and otr works too
jurov: and i was also "lucky" to run into 6yr old bugs with otr
jurov: not sure if the window management can be configured to get at least halfway to my mental model
jurov uses Konversation. tried irssi but it was a pain
mod6: got my teef drilled. ugh.
mod6: lol thestringpuller
thestringpuller: oh look who finally decides to show up
dignork: mod6, weechat blocks it too
mod6: CTRL+K to paste spam
mod6: irssi does ask, on the other hand.
mod6: one thing that i seem to remember that I didn't like (many many moons ago) about xchat is that if you derp-paste a bunch of stuff into the wrong window, it doens't ask you if you're sure you'd like to do spammy paste.
dignork: kryydf, https://en.bitcoin.it/wiki/IRC_channels , but most of them are kinda empty
phf: benkay: the only client there is
dignork: are there any other words that assbot is excited about?
mod6: ive used my screen+irssi via connectbot on my phone a bunch. works for reading stuff, but not so great for conversing. better to just read the log instead.
pankkake: if you're a heavy irc user, then irssi certainly isn't a hassle
Mats_cd03: yes, i find using terminal on my phone tedious
Duffer1: but i don't irc anywhere other than my desktop anyways though
mod6: yeah, its nice to get a client running on a *nix host, if for no other reason, you can run it in a screen session and then attach/detach
pankkake: xchat is probably the easiest to start with
Duffer1: i'm tired of browser IRC, time to get a real program
mod6: used to use BitchX like 15 years ago or more. finally, after years of people telling me about irssi, switched.
Mats_cd03: Duffer1: irccloud is the tits
Duffer1: did you tell him?
Azelphur: for those not in the know, if he had that running since November, he'd have made about $20k worth of BTC.
Azelphur: I still can't believe that just happened
Azelphur: turns out he had a BFL SC Single, sitting in the box doing nothing...since November
Azelphur: In other news, I met some guy today locally because he wants to set up a bitcoin meetup in my area, he's not very techy just interested in coin, he casually mentioned to me he bought a BFL miner and that he plugged the supply into UK mains and blew it and asked if I could help, went and took a look...
Duffer1: thanks i'll check them out
pankkake: irssi, planning to go weechat one day
Azelphur: TIME TO MAKE EVERYONE HATE ME. Pidgin.
jurov: https://twitter.com/Mircea_Popescu/status/454029472757719040 thanks!
pankkake: but I suppose the electrum servers rely on bitcoind
dignork: pankkake, there is pretty usefull SPV electrum client, no bitcoind marriage
mike_c: if no 'virtual forks' for a year, then presto. new reference client.
mike_c: and it doesn't seem hard to process those yourself, and then see if your code would have done the same thing.
pankkake: so bitcoind isn't used for much except read blocks and push txs
mike_c: lots of in-the-wild use, meaning lots of test cases