log☇︎
77700+ entries in 1.18s
Diablo-D3: Chaang-Noi: as for LTC, dunno what to tell you, they should just merge 0.8.0 changes in
Chaang-Noi: trade is hard with asicminer, but most holders dont care as much,
Chaang-Noi: i trust friedcat a lot, some of the exchanges, not as much
mircea_popescu: anyway, 6 months, 1% per month over dividends paid, we'll have to lock it to an exchange as i don't deal in vapour
Chaang-Noi: as in people trading via pms with each other and fried cat
bgupta: Chaang-Noi: otc as in irc otc?
Chaang-Noi: others too, but others dont need as much skills evidently
mircea_popescu: such as it is.
Chaang-Noi: pigeons need more funds? id like to see what you find as well
pigeons: haha i like how right in the contract on btct.co it says, "We have an exclusive arrangement with BitFunder to support BitFunder as a platform. We will not trade on any other exchange until August 2013."
mircea_popescu: i suspect usagi has a future as a stand-up comedian pretending to be a btc finance guy
mircea_popescu: for any values of "almost as many" that approach infinity
Namworld: Thing is, there’s almost just as many losing proposals
pigeons: what bitcoin venture goes as planned
Chaang-Noi: mp it traded at 1 but as it pays out dividends the value of the stock will go down, as the best dividends are the first ones
asciilifeform: mircea_popescu: I argue that, just as it is better to have a wife who doesn't cheat, it is also good to not be hated. especially if this can be accomplished at reasonable cost.
asciilifeform: mircea_popescu: you should put up "oderint dum metuant" as a subtitle on your site.
mircea_popescu: and it's also why i laugh at silly notions such as midnightmagic's "progress"
asciilifeform: the right way to deal with fraud is to make it instantly and physically detectable at the scene in as many cases as possible. and not post-facto enforcement.
mircea_popescu: BitHub just as long as you can identify what it is you're buying.
mircea_popescu: seriously, if us libertards did smart shit (such as ban any advertising) instead of dumb shit (ban smoking)
pigeons: if you pass yourself off as something you're not, that is fraud to me
mircea_popescu: as a more general formulation, yes pigeons
mircea_popescu: you may patent the process, you may not patent the result, inasmuch as the result is a plant
asciilifeform: When nearly the entire opposition to something consists of idiot "back to nature" crackpots, a reasonable person starts to see it as a great idea.
bgupta: Well, I am thinking that it could swing to the other direction of totalatarianism.. in the US we are seeing a steady erosion of our freedoms, as the surveillance state becomes a reality.
mircea_popescu: as a proxy for their actual inferiority in reality.
mircea_popescu: problem is, it;'s never used, so it just serves as perverse strengthening of the equalitarian delusion.
mircea_popescu: (b)Based on their knowledge of the company and its assets, as well as on evaluation of market demand, current profitability and projected evolution, the representatives of SatoshiDice have elected to offer in this IPO a total of 10`000`000 (ten million) shares, as follows : one block of 2`000`000 (two million) shares at a price of 0.0032 BTC each ; one block of 5`000`000 (five million) shares at a price of 0.0034 BTC e
pizzaman1337: pigeons: I'd like to hope with them as I'm a shareholder (just hold a little)
Bowjob: not as bad as that dude who called 23.98 the top of 2013
benkay: why should they act as if they did?
kakobrekla: on a 10k pizza as horse salami
pigeons: i hear it all the time one way or another as "it works on my box" usually from the developer
topace__: but from othe rlocations, its crapping out somewhere as well
deadweasel: i'm holding some for a long long time. just as an experimento
Chaang-Noi: just as many bids over 56 as asks to 60, jesus h christ
kakobrekla: it will be traded as cfd
mircea_popescu: As a currency for purchasing power, I grew up with the US dollar so I'm used to having stability enforced by people way more powerful than myself. If I were stuck using certain other national currencies, I would probably be more inclined to appreciate bitcoin's efforts. Especially if that currency was subject to BS levels of printing printing printing.
tiberiusiv: as less efficient miners drop out of bitcoin, they increase ltc difficulty
tiberiusiv: the litecoin people dont understand that ASICs increase ltc difficulty as well
kakobrekla: i made 100% on ltc in a few days as well
tiberiusiv: think of germany as a large department store, and all of its customers use only the store credit card to purchase goods
mjr_: they weren't using the bank as a "tax haven" they were using it as a "bank"
tiberiusiv: how is it a sudden thing? everyone knew cyprus banks held all their assets as greek bonds
Bowjob: I checked my bank, they advertised 1.89% GIC for 18 months as sizzling rate
Bowjob: but I fear I might be a target as a tourist
kakobrekla: are you on the same internet as we are?
Bugpowder: So, my reading of the FinCEN guidance is more positive now that it is established that it costs $1000 to register in WA. I don't know if that let's you operate in other states as well, but if you need to register in all states then lets say $50,000 and a pain in the ass.
mircea_popescu: and moreover, they're about as socialist as the uk by now
benkay: i haven't felt like this since reading ayn rand as a wee one
benkay: government as a service
mircea_popescu: as long as i got the money you're not telling me what's feasible.
mircea_popescu: dub not rly. you just want it to be correct so as not to be forced to reevaluate the coolaid you've been fed.
benkay: you can also think about taxation as endorsing your local government
Bugpowder: But I think the market will view as net positive
benkay: as a normal user it'll be perfect, bithub
mircea_popescu: Because of this, keeping money in any other fiat-BTC exchanges than those two is pretty much cruisin’ for a bruisin’. Spot sellers may still be safe for a while, select ones may even be safe forever (as they’re a subset of the OTC style marketplace), but for better or worse cowboy exchanges are a thing of the past.
mod6: mpexbot is still working as far as I can tell...
mircea_popescu: dub ns1/2 are registered as ns's tho, pretty much every dns server should know them by ip
pgp: although lumping in "former housewives" (or should it just be former wives) in with blacks, jew, mason and... english does strike me as subtly genius on a level that I'm not quite sure I understand....
smickles: text only? you're looking at the site as intended
pizzaman1337: it could be used as an indicator
BitHub: they class it the same as wow gold here
parseval: You have to follow the BSA as a transmitter
mircea_popescu: to be a transmitter it substantively requires you blabla as part of acceptance/transfer of funds/currency/etc.
parseval: and is a money transmitter. In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.
parseval: A person that creates units of this convertible virtual currency and uses it to purchase real or virtual goods and services is a user of the convertible virtual currency and not subject to regulation as a money transmitter. By contrast, a person that creates units of convertible virtual currency and sells those units to another person for real currency or its equivalent is engaged in transmission to another location
mircea_popescu: This guidance refers to the participants in generic virtual currency arrangements, using the terms "user," "exchanger," and "administrator."6 A user is a person that obtains virtual currency to purchase goods or services.7 An exchanger is a person engaged as a business in the exchange of virtual currency for real currency, funds, or other virtual currency. An administrator is a person engaged as a business in issuing (
mircea_popescu: fucking tradition in bitcoin, retards posturing as ":the adults:"
mircea_popescu: venturebeat : embattled-bitcoin-exchange-tradehill-is-back. matonis : Tradehill Launches As Bitcoin Exchange For Businesses And Accredited Investors
mircea_popescu: Q : is there any stop order system for trading at mtgox? A : We do not offer such possibility as of yet but probably in the future.
mircea_popescu: as long as they don't get any dough that conviction will stand
kakobrekla: as long as you comply it should work
jurov: I am User 472 on the bitcoin pyramid wich was a tradehill acount address... ( I stupidly used you as a wallet )
pigeons: "Singer said the company made the decision to keep the Tradehill name as it’s an “established brand” with a strong network."
gribble: Nick 'kakobrekla', with hostmask 'kakobrekla!~kako@unaffiliated/kakobrekla', is identified as user kakobrekla, with GPG key id 27AF75321F2489E8, key fingerprint 27C3CE9A20851312F086268C27AF75321F2489E8, and bitcoin address None
guruvan: all those things are good ol boys clobs....nothing as bad as a series 7 broker license AFAICT though
smickles: also, CPA is kinda a "good 'ol boys" club in that you have to have years of exp. under another cpa. so, as I own my own accounting company, i'm not getting the right kind of exp.
smickles: kakobrekla: i'm winding down the brokerage as i fear it's illegal in my country for me to do that
guruvan: that is how mine is setup, as I am not concerned about the government getting my stuffs
smickles: (as this is a comercial operation)
pigeons: coinlab, tradehill, it sounds like the new hot business model is to position yourself as a "trading tool for professionals" and hope some sucker decides to throw some real money at trading and actually believes your crap that you are the way to go
pigeons: "Singer said the company made the decision to keep the Tradehill name as it’s an “established brand” with a strong network."
[\\\]: first verse, same as the first, whole lot louder and a whole lot worse.
pigeons: meet the new team...same as the old team
gribble: Nick '[\\\]', with hostmask '[\\\]!~imsaguy@unaffiliated/imsaguy', is identified as user imsaguy, with GPG key id 7D7EA76776E6CE48, key fingerprint A1398F4C58AC3D387F012AFA7D7EA76776E6CE48, and bitcoin address 1Hf5qWZzd2WsrDwLhkykNc4uXPAkykg9PM
gribble: You are identified as user imsaguy, with GPG key id 7D7EA76776E6CE48, key fingerprint A1398F4C58AC3D387F012AFA7D7EA76776E6CE48, and bitcoin address 1Hf5qWZzd2WsrDwLhkykNc4uXPAkykg9PM
kakobrekla: packing the latest one into a bot as we speak
Bugpowder: you are stuck as nothing right now
Diablo-D3: but I don't want to be stuck as the technical cofounder
smickles: Diablo-D3: actually, Smickles Accounting Services, a limited company is profitable as of today
mircea_popescu: Diablo-D3 for people with a clue, which mostly means 10 years as a paralegal and up, it's a useful shortcut
smickles: Bugpowder: he prolly won't run so long as btc < s.mpoe value
kakobrekla: Urdă is a Romanian fresh white cheese made by reprocessing the whey drained from cheeses such as caş or telemea.
BitHub: they mix well when acting as a sheild or bucket
pigeons: goxusd is not the same as btce usd
Diablo-D3: I was going to sell more soon as we went past $50
Diablo-D3: its not even good as toliet paper, I've tried
mircea_popescu: for as long as you intend to allow scripslaves to get on the wagon