log☇︎
75000+ entries in 0.958s
Chaang-Noi: <bitcoin935> chaang noi judging by your picture you are a stupid kid but im rich as fuck and you lost your 5 btc to s.dice, boo fucking whoo
Chaang-Noi: <mircea_popescu> bitcoin935 that's actually a great thing, because it will prevent "cashless" ie, fictitious economuies in the eu until tjhey are removed as have been in some places
Chaang-Noi: i will take that as a thread
bitcoin935: For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
bitcoin935: There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, co
bitcoin935: voorhees was publicaly announcing his tax evasion as well
Chaang-Noi: but as TAT says, your points are meaning less s.dice is fucked yes, but not cuz why you think so
mircea_popescu: buncha retards get together, discuss as if they have a clue
bitcoin935: whats the point of bitcoin gambling if it has the same regulations as dollar gambling
furuknap: The oracle is still targeting 88, same as two weeks ago. Why, coming from an oracle, isn't that always 100% true? I mean, I'm losing money here, where can I has BTC for 88??????? The Oracle is a scam!
ThickAsThieves: mostly they talk about it as being like a foreign currency, rather than a barter
parseval: Do you have #bitfunder as well? :P
mircea_popescu: "As many of you know, the pantry was put in place for your personal consumption while you are at work. Unfortunately, over the past few months there have been several instances where employees have been observed filling bags with sodas, snacks, fruit, and in some cases cartons of milk, to take home with them. It has become so excessive that in the last few weeks there have been multiple times when the coolers were almo
mircea_popescu: as absurd as that may sound on the face.
ThickAsThieves: when they are ready, as forum threads
ThickAsThieves: and ability to pass to someone else as well
benkay_: can't say as it appeals terribly.
thebombdoe: and pretty much... its 45k a year to drink and fuck as many people as you can without failing
ThickAsThieves: as always, invest only what you wish to lose
ThickAsThieves: LibertyBit, a bitcoin exchange registered in Canada has announced its temporary closure. It says that this has come as a result of bank account closures and fraudulent account activity. The exchange had been acclaimed by Reddit users for use of the Google Authenticator for two-factor authentication to increase security. Ultimately, this has not helped the business remain trouble free.
ThickAsThieves: as did others
kakobrekla: 6) As risky as it is to invoke the name of Litecoin (LTC???), we must apologize for not keeping everyone up to date. The fact is that the current situation means a continued delay, but for good reasons. We’re looking at July right now, though that depends on a few things. Mainly, we want to do things correctly from the beginning.
kakobrekla: ) Mt. Gox is certainly not a martyr, but it would be hard to argue that we aren’t "taking one for the team" as far as Bitcoin is concerned. We are a big target, and are absorbing the frustrations of Bitcoiners, regulators, banks, and a media that still doesn't quite understand what Bitcoin is. This is a job we are happy to fill, and not just because we are compensated for it. Our hope is that, once Bitcoin finds its place, we will be able
mircea_popescu: ThickAsThieves it is the future horizon of bitcoin management as a collective.
mircea_popescu: "this has been going on for months. while we'd have loved to follow mp's example and give notice of events ahead of time (such as for isntance http://polimedia.us/trilema/2013/in-the-interest-of-full-disclosure-failed-social-engineering-attempt-and-0day-vulnerability-in-betadesk/ ), it was sudden for us as well."
ThickAsThieves: 6) As risky as it is to invoke the name of Litecoin (LTC???), we must apologize for not keeping everyone up to date. The fact is that the current situation means a continued delay, but for good reasons. We’re looking at July right now, though that depends on a few things. Mainly, we want to do things correctly from the beginning.
ThickAsThieves: 5) Mt. Gox is certainly not a martyr, but it would be hard to argue that we aren’t "taking one for the team" as far as Bitcoin is concerned. We are a big target, and are absorbing the frustrations of Bitcoiners, regulators, banks, and a media that still doesn't quite understand what Bitcoin is. This is a job we are happy to fill, and not just because we are compensated for it. Our
ThickAsThieves: 4) Every customer’s funds are safe, sound, and accounted for. In fact, in our dealings with the Japanese financial regulators we have been assured that we are not under local pressure or suspicion and can operate as usual within normal legal frameworks.
ThickAsThieves: 2) We are now working with new banks and alternative methods for transmitting money to our customers. This does not mean we are stopping entirely within the next two weeks, but it will be slower than we would like. We are literally going to use our manpower to process withdrawals ourselves, manually. This will take more time, but we are dedicated to doing as many per day as possible.
ThickAsThieves: alternative method (hence the suspension). We would have preferred to give notice if we were able to, but it was sudden for us as well.
ThickAsThieves: the client that wanted email signup in their email newsletter "what I read from newsletter marketing is to accommodate those who are forwarded the newsletter and then want to sign up. So, I thought it was a great idea as people do talk about our e-newsletter and we encourage them to pass it along."
davout: mtgox flows being classified as farts by correspondents is what i mean by "getting pressured from lots of different sides"
mircea_popescu: pankkake bs as in Bear Stearns
mjr_: mircea_popescu: am i correctly seeing that as giving you a valuation of roughly 24 million dollars?
[\]: as long as the dividends remain stable, there's no reason to sell unless a person has an awesome selling opportunity or needs quick coins
truffles: i feel the same as top comment
Namworld: I've forwarded your suggestion as such to Scrat, Bugpowder
Bugpowder: mircea_popescu: Yes, and whatever he has backing as well
Bugpowder: with 1% of pool as max profit
aknap3: jborkl_ was meant as a bit of a pun, yes
cole_albon: It's not that bad, I just have been a little irritated about mp stealing the white suit thing and the trash talking against English speakers such as myself just put me over the edge.
mircea_popescu: Thank you for the email. As of now there is a delay in bitcoin transactions. We apologize for the inconvenience caused.
benkay: 54 yo masquerading as a 19 yo?
mircea_popescu: as it'd be insanity to flash chip by chip after mounting in the unit
mircea_popescu: actually the design improves as you go deeper.
davout: probably as much meat in the lasagna as USD backing MTGUSD, NOBODY KNOWS
davout: the funniest part about it is that nobody actually reported lasagna as tasting funny
davout: yup, zero fucks were given, lasagna as delicious as usual
davout: since you now have to handle revocation as well
davout: i was imagining something around the lines of "register your master key, any subkey signed by the master key counts as the master key itself"
mircea_popescu: as the subkeys are now the target.
davout: might be an interesting addition, as, if i understand subkeys correctly they make the master key very very hard to compromise
mircea_popescu: as nobody eats green paper either
furuknap: I'm somewhat cautious about the DMS.* assets, though, as they effectively have somewhat of a double exposure.
mircea_popescu: Chase bank and another bank, have both decided that we as a Bitcoin based business are "Too High Risk" of clients, and have frozen/shut down our accounts. We were NOT given notice, and we were simply told "your funds will be sent to you by check within 30 days". This is not something we were ever warned about, given notice of, or even received the courtesy of a phone call from the bank beforehand.
ThickAsThieves: they used it as the press release uimage on facebook
ThickAsThieves: We are currently making improvements to process withdrawals of United States Dollar (USD) denominations, and as a result are temporarily suspending cash withdrawals of USD for the next two weeks.
ThickAsThieves: "You say that as if it's a bad thing. I can't begin to contemplate what must be going on inside the skullous cavity of some dood imagining exchange executives " ... buy their own servers? ;)
Eizy: sure I know, just wanted to listen to other opinions as the price is crashing right now
peterl: And defining what is income can be difficult as well. Shouldn't we be able to subtract our time we put in from our salary to compute income? So my time is worth 20 $ an hour, and that is what I get paid, so my income should be 0?
peterl: if you use the btc to buy a $100 dollar watch, then the government sees that as 100 - (whatever you bought the btc for) worth of income
ThickAsThieves: being as there are no specific laws
ThickAsThieves: as well
Diablo-D3: its not your problem as much as the seller
jurov: ThickAsThieves: they do recognize it as tokens of value
Diablo-D3: soon as they become USD in any form, you owe taxes
ThickAsThieves: so unclear whether it's illegal yet as well
jurov: yes it struck me as "it will be okay, just bow deeper". but i'd like to know opinion of someone like ukto
jcpham: or headed in that direction as the diff skyrockets
jcpham: might as well send me to #bitcoin
dub: as long asits the back part hanging out from under the deck
dub: vinyl is heavy as fuck
deadweasel: oh, ok. i thought you bought as CASK of it...
jcpham: it is in their best interest to put the shit in his hands as quickly as possible
deadweasel: i know, that lame as hell
dub: password is at least as long as my dick so we're good
dub: as ingorer or ingoree
Diablo-D3: Im doing it as my "learn erlang" project
mircea_popescu: in dollar finance such homework can be done just as in bitcoin such homework can be done
deadweasel: were those international characters, mircea_popescu ? came up as mir???a
Diablo-D3: [02:40:27] <ThickAsThieves> used a bit too much salt, and hemp milk was a little too sweet to use as a milk substitute
ThickAsThieves: used a bit too much salt, and hemp milk was a little too sweet to use as a milk substitute
dub: that face is known as the kumface
jurov: other wtf? sodium glutamate dissociates in water to the same anion as that acid
Diablo-D3: seriously, as long as you pay your taxes and NOT have children, do whatever you want
jurov: oh and if soylent really proves so good as they say, i'll be perfectly happy with it
Diablo-D3: http://www.amazon.com/gp/product/0982207786/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0982207786&linkCode=as2&tag=adastrapera02-20
deadweasel: made me horny as hell
ThickAsThieves: spoke it as i child
Diablo-D3: cant be as manly as my cooking
Vbs: "Refined olive oil is the olive oil obtained from virgin olive oils by refining methods that do not lead to alterations in the initial glyceridic structure. It has a free acidity, expressed as oleic acid, of not more than 0.3 grams per 100 grams (0.3%) and its other characteristics correspond to those fixed for this category in this standard"
Vbs: the olive oil that doen't has the properties to be classified as extra virgin
jurov: no as a batter
mircea_popescu: but all this is inconsequential really, as no single chip is actually 25 gh or w/e, so they just arrange chips on a pmb
kakobreklaa: only the txes made automagically by the system have blockchain.info note attached to them, such as proposition refunds
deadweasel: try as i might
jcpham: as long as i can pay with fiat
ThickAsThieves: they could use the money from selling chips to make even better chips and start hashing with or selling new hardware at the same time as all the buyers are getting their stale chips implemented
deadweasel: the answer is, aparently, for as long as they want.
Chaang-Noi: i had the idea same as you, forum software, he would hate that:)