77000+ entries in 1.111s
jcpham: i kinda want to convince a collections attorney to accept btc
as payment for credit card collections
mircea_popescu: yeah, error4733 , it's not a why not
as much
as a why risk it
mircea_popescu: you may risk
as much
as 1-2mn. maybe 10mn if you're really huge.
mircea_popescu: this is like saying querying 5000 records is not the same thing
as querying 5000 records.
sturles: MJR_: MtGox reports lag in microseconds
as well. I have been logging every minute for a while, and the most common value is 0. On a normal day with just a few standard DDoS attacks, it is above 1 second a few times every hour.
sturles:
As long
as they continue, I will be using MtGox. Hmm. Perhaps it is actually good for their business..
sturles: If you think you can buy a better exchange and make it work better, then please go ahead. Everyone will encourage you to do so. If you are successful, you better be prepared for 100 Gbps DDoS attacks
as well, but that should be no problem because every broker has a dedicated line. Right?
mircea_popescu:
as far
as i'm concerned the situation here is that you are grossly unqualified to discuss this matter and still insist to do so (because
as per the texbook you also lack the metacognitive abilities that'd allow you to realise you're way off).
mircea_popescu: obviously that's tested reality and real reality will diverge
as soon
as it gets a chance, but still.
mircea_popescu: having some tinker-product homebrew nonsensical thing used
as a trade engine is nonsense.
mircea_popescu:
as far
as i know the most mtgox can take is something to the order of 10 simultaneous orders. certainly not 100.
taub: There are a few things that we can implement to help fight the attacks, such
as disconnecting the trade engine backend from the Internet. By separating the data center from the Mt.Gox website, we will continue to be able to trade
mod6: Yeah over the last 25 years, at least over here, much of the social dogma is about how everyone is equal and must be treated
as such.
mircea_popescu: <mod6> They want him to take his proper place
as lord, and the peasants want to serve him in that way. << you know, people do.
mod6: They want him to take his proper place
as lord, and the peasants want to serve him in that way.
mod6: but it followed the book pretty close. Anyway, its interesting how the classes were so seperated. Like the character Konstantin Levin has all of these pesants that he litereally owns,
as slaves.
dub:
as of 10 minutes ago oslt
mircea_popescu: moreover,
as shockingly crummy service this is, it's not much outside of mtgox normal range.
bgupta: so apparently anonymous took up mircea_popescu's call to pretect freedom by preventing the rise of bitcoin, but instead of selling btc
as their methodology, they are ing usin g a ddos against mtgox. Hey if it can't trade it can't rise. ;)
mircea_popescu: started about a year after btc
as an outgrowth of a game cards trading thing owned by the guy now doing ripple.
mircea_popescu: bgupta there's a fundamental macroeconomic problem at work,
as follows :
bgupta:
As percentages go this isn't really that unusual for btc.. but with the increase in value a 10+ point spread seems wide
jborkl: yet,
as of yesterday they were up 750 bitcoins or so, just in the first couple days
jborkl: The services BitPay offers have not been directly approved by Amazon.com and customers should not confuse these services offered by the Bitpay WooCommerce plugin
as being endorsed, sponsored or approved by Amazon.com.
bitesak: it's backed by drama
as someone once said
bgupta: The interesting thing I find is all these exchanges including mtgox, mpex, btct.co, bf, etc all trade 24x7, without so much
as a daily hour of maintenance window. This I believe is unheard of in the finance world. (Certain things do trade like 23 hours a day but on rotating exchanges)
mod6: EVERYBODY WAS KUNG-FU FIGHTING ... THOSE CATS WERE FAST
AS LIGHTNING
pgp: it just sucks for the bitcoin community
as a whole when this shit happens
kakobrekla: dont worry they are clearing wires
as well
mjr_:
as in, pulling off a successful double spend in real life after a face to face transaction is probably very difficult, AND not worht it
mjr_: its not even that i trust you
as a person
mjr_: not sure about their implementation, but the idea is sound...same
as trading "demand deposits" for cash
mjr_: and
as far
as this distinction between fiat and bitcoin
mircea_popescu: people with a clue priced out of the market by the lemming mania isn't quite
as great,
mjr_: they are not a large part, but
as a group they make up a large portion
mjr_: and
as it looks like a "sure thing" that number will increase
mjr_: now,
as they learn more and more
mjr_: "You need to be a special kind of an idiot to implement system
as slow and fucked up
as mtgox's." -reddit
mjr_: there is another goxlag that we don't measure quite
as well
mjr_: VHS was more fit than BetaMax, even though it was worse
as a technology
TradeFortress: so tons of drama over betsofbitco.in marking BFL shipping apr 1
as draw :P
mircea_popescu: obviously
as market matures, idiots get pushed out, more money more competence etc stuff will improve.
mjr_: collusion is not the same
as centralization though the effects can be similar
mircea_popescu: but logically thinking : bitcoin is sold
as being decentralised, right ?
mircea_popescu: take the recent fork disaster. it being passed off
as a great success, what's that ?
bgupta: delusive
as in deceitful?
bgupta: well
as soon
as I convert to fiat, it's subject to trading taxes.. and coinlab reports.
bgupta: I don't plan to use btc/fiat echanges any time soon, at least not gox..
as I'm in US and the whole rcoinlab thing seems a shame
bgupta: well one thing to perhaps look at is how btc traded after crossing 1USD and 10USD pyschological barriers. Haven't looked too closely yet..
as I'm pretty sure marekt conditions were quite different.
nanotube: heh well, it's not particularly well defined or particularly smooth... but it was a good enough number to use
as the 'closest thing to the sun other than mercury :)
dub:
as simple
as creating 12 new accounts on varios websites
jborkl: I always thought of them
as two people, they act different
ThickAsThieves: 1. Our Royal Bank account will be closing on April 5, 2013. Cash payments will no longer be accepted at any RBC branch after April 5, 2013. You may still make cash payments to BMO and Scotiabank. 2.
As a result of the closure of RBC, email money transfer fees will be raised from $10 to $20 starting April 5, 2013. We advise all customers to use the direct deposit method to withdraw CAD
jcpham: watch
as AUD rockets past USD
dub:
as in, where in china
Schadenfreude: Basically the european central bank calls btc a ponzi scheme, both USA and EU want to regulate BTC
as they feel threatened by it
mircea_popescu: such
as, girls too fat to be waitresses and too stupid to work for the govt.
taub:
as well
as the occasional customer that just happesn to suddenly have twice the money
kakobrekla: has that been confirmed
as not aprils 1st joke
bitesak:
As some of these Call Options are flat in price at the end of the tails, it should be possible to ride much lower calls part of the way and jump onto the higher Calls?
kakobrekla: ya well its no good
as a reason why ltc is good for
jcpham: but money should flow to litecoin
as btc rises
Bugpowder_:
as soon
as we hit the 108.98 wall, he dropped his bid and ate the wall.
taub:
as logng
as it moves
taub: might
as well go where the levereage is
bitesssak: an hour ago, even those at 182 were the same
as 200
bitesssak: I saw that options of 191 are the same price
as 200
taub: looks like
as logn
as you hold any crypto you're okay
DeaDTerra: Btcx.se are looking to loan USD either Bitstamp or Mtgox,
as we are all out of float. We are willing to pay 1% in Interest, the money will be paid back sometime this week,
as we are waiting on our wire to hit gox.
mjr_: so i decided to dig through and found the wallet.dat, so
as soon
as its synced i'll dump it and see what i find! exciting
bgupta: can't forget the effect that slavery had on the economy
as well.
bgupta: however one could argue that since 1 solidus was exchangable for 1000 denarii.. then perhaps one can calculate it
as worth 1000 x 6.8 grams of silver.
bgupta: but it has a long way to go between now and then.. (which is not
as impossible
as many would want us to believe.)
bgupta: I'm saying that currencies were created to solve the barter systems lack of a of double coincidence of wants. All this wealth, technical progress and all that have been able to be created
as a result are just efects of the creation of currency, and not its basic purpose.
mircea_popescu: or moreover, of the incredibly brokedness of socialism
as a form of govt.
mircea_popescu: they burn, they get redeveloped into houses for rich people, the poor get to live in
as servants
mircea_popescu: then politics works
as an attempt by the billionaire to use the mob[ile vulgus]
as a sort of scarecrow to keep the middle class threading water.
benkay: you can think about money friction
as bleeding money off the wealthy into the rest of the population
benkay: militaries may not be
as well funded in the future
as the united states is today.
mircea_popescu: now all that aside : currenlt bitcoin is not workable
as a token to buy eggs because a large number of idiots mistakenly refuse to recognise its value.