78600+ entries in 1.002s
mircea_popescu: BigBitz: Bitcoin markets don't revolve around news.
<<< bitcoin is here to make the news, not to follow the news.
mircea_popescu: ThickAsThieves:
<+BingoBoingo> HANDSofSTEEL: If you want to take both sides, BitBet is probably the best tool for that --- good point, need ETH BitBet, that's how we can all short the mofo
<< well obviously not all.
mircea_popescu: fluffypony: he's punting Etherium?
<< he's new, and behind on teh reads.
mircea_popescu: trixisowned: when in reality they just added their address to the list of miners, and take a percentage of each block as if they were actually hashing
<< this is pretty major, actually.
fluffypony: GodHatesFigs: in parlance it's /r/
<subreddit> - if you drop the leading forward-slash it's hard to catch programatically
mircea_popescu: pankkake: /r/buttcoin can't deal with bitcoin opinions that are not the standard /r/bitcoin crap; they expect to fill their bingo cards and it doesn't work
<< quite.
gribble: indiancandy1 was last seen in #bitcoin-assets 1 week, 0 days, 5 hours, 30 minutes, and 58 seconds ago:
<indiancandy1> 500*
gribble: indiancandy was last seen in #bitcoin-assets 2 weeks, 5 days, 2 hours, 37 minutes, and 21 seconds ago:
<indiancandy> find nickserver
mircea_popescu:
<gribble> You are now authenticated for user mircea_popescu with key 8A736F0E2FB7B452
mircea_popescu:
<mircea_popescu> ;;everify freenode:#bitcoin-otc:b754a642b13565e0bfe87f3083717c62829912335e322188a0e32d01
mircea_popescu: Rassah: p.s. I'm not saying their etherium deal is a good one. I don't think investing in ether can in any way give a better return than investing in bitcoin... I don't think vitalik is much of a finance guy, either, so I'm not sure if this "ipo" ca be blamed on him
<< what the fuck sense does this make ? some guy that's not a finance guy involving himself in finance things is stupid by any conceivable definition of th
mircea_popescu: Rassah: My tribe consists of Tsiolkovsky and Tozoni, so I've been surrounded by extremely intimidating levels of inteligence...
< if that means konstantin, wasn't the guy dead before the war ?
mircea_popescu: “UNDER capitalism”, ran the old Soviet-era joke, “man exploits man. Under communism it is just the opposite.” In fact new research suggests that the Soviet system inspired not just sarcasm but cheating too: in East Germany, at least, communism appears to have inculcated moral laxity.
<< for the record, this is older than electricity.
benkay:
<BingoBoingo> HANDSofSTEEL: If you really want to go long on ethereum, mircea_popescu wants to go short. I'd advise reading up on ethereum criticism before doing anything rash though. // it's magically also a bet that nothing'll be around in 9/12 mos.
gribble: moiety was last seen in #bitcoin-assets 1 day, 10 hours, 15 minutes, and 30 seconds ago:
<moiety> hi naphex, wb, hope you had a great holiday :]
mircea_popescu: "omg ew this is totally different than all the things going into other things i've seen today!"
<< lol
hanbot: dub looks for the unsee button / pigeons: yeah like i shouldnt already know better than to click one of mircea_popescu's links
<< "omg ew this is totally different than all the things going into other things i've seen today!"
Pierre_Rochard: nubbins`: meh, very simplistic layperson’s view there. DSCR > 2 and LTV
< 50% is prudent
kakobrekla:
<Pierre_Rochard> bitcoinpete: or borrow the money to buy the car and use the cash to buy btc
<< I like this form of indirect leverage. Who else would finance bitcoins
< 5% APR (0% if you get a good deal)?
< as i was saying, if you are in position where you need to borrow to gamble/invest in btc, you should not do it.
Pierre_Rochard: bitcoinpete: or borrow the money to buy the car and use the cash to buy btc
<< I like this form of indirect leverage. Who else would finance bitcoins
< 5% APR (0% if you get a good deal)?
chetty:
<bitcoinpete> $20k car is worth $15k the next year// and all the maintence costs and insurance and and
chetty: mike_c: Rassah:Mainly because taking to someone on IRC does't give you nearly as much information as talking to them IRL, over beers, while watching their nonverbal cues and cmmunication
<< uh, does this guy know hom scamming works?//meeting pirate in person helped so many people figure that one out
ThickAsThieves:
<+mike_c> you should link it to x-bt /// i had to hack teh phpz, but it's done!
kakobrekla:
<kakobrekla> funny, atc having most txes per block.
< guess mike_c is to blame
mike_c: Rassah:Mainly because taking to someone on IRC does't give you nearly as much information as talking to them IRL, over beers, while watching their nonverbal cues and cmmunication
<< uh, does this guy know hom scamming works?
bitcoinpete: fluffypony: maybe people are pissed that Draper didn't reveal the USMS auction price on the Colbert Report yesterday
<< this theory should have its own blog post. maybe tie it into the baltic bitcoin conference one?
bitcoinpete: BingoBoingo: I tend to treat people in Bitcoin T-shirts the same way drug dealers treat people wearing I
<3 crack T-shirts
<< lol !
bitcoinpete: Rassah: I'm starting to suspect the things they talk about in private do not match the spin they put out in public...
<< trust that gut
bitcoinpete: BingoBoingo: Pascal had an application... Busses have an application... Pretty sure Doge had an application even if it wasn't a pretty one
<< i like this
bitcoinpete: Rassah: That statement of his tells me he either has never met Vitalik in person, or doesn't know what an inteligent person is like
<< met the dude briefly at toronto expo. so what?
bitcoinpete: BingoBoingo: Well, if pete isn't smart then he's been incredibly lucky.
<< and crafty! but smart and lucky need not be mutually exclusive.
bitcoinpete: Rassah: There aren't a lot of smart people in bitcoinland... I have a feeling Bitcoin Pete isn't one either, but is regurgitating things other smart people are saying in his blogs. A beneficial service I guess
<< hooray for stupid yet useful jooz!
bitcoinpete: BingoBoingo: Well, pete's a jew and there are a lot of smart members of the tribe
<< einstein, maimonides, spinoza, natalie portman, etc.
bitcoinpete: Rassah: I wonder if Bitcoin Pete has met an inteligent person in his life
<< if i had, would that make ethereum suck less?
bitcoinpete: Spoondoolies Halts Sales of SP30, Investigating Technical Issues
<< that might explain the mysterious 30k TH that suddenly came and went
bitcoinpete: * BingoBoingo has never actually been to an airport
<< huh… ain't that the darndest thing
ThickAsThieves:
<+fluffypony> who here gets the Bitcoin BullBear report? /// is it good?
ThickAsThieves:
<+dub> i've a perverse need to test newphones waterproofyness /// maybe you should go to running of the bulls
ThickAsThieves:
<+BingoBoingo> HANDSofSTEEL: If you want to take both sides, BitBet is probably the best tool for that --- good point, need ETH BitBet, that's how we can all short the mofo
ThickAsThieves:
<+Rassah> decimation: ... you could think of ether is jet fuel needed to run it. /// gtfo
ThickAsThieves:
<+Rassah> In summary, they had an idea they thought was awesome, they wanted to spend a year working on this awesome idea of theirs, without having to worry about jobs or income, so they marketed their idea to bitcoiners who like dumping money into altcoins... Sounds like they weren't dumb at all about this :) //// So, they are about equal to every other altcoin with dream, where's
ThickAsThieves:
<+BingoBoingo> My current beef with Etherium is that despite all of their protests they are selling equity in a something. /// worse, they are selling a painting of a duck to dogs, they don't yet realize it can't fly or quack, but it at least fills their bellies
ThickAsThieves:
<+Rassah> Also, as is most important in any crptocurrency (even moreso than its "features") Etherium has a team of good developers with a specific goals, who want to work to develop it no matter the price. /// til they get bored
benkay:
<BingoBoingo> mike_c: Situation has been remedied. Key in question was not sold so much as held by each of us in trust of a higher powah. // this is the highest endorsement of the wot i've yet seen
danielpbarron: 02:28:52
<+Rassah> The people in my real life WoT ..
<< get them in the gribble WoT
mircea_popescu: Rassah: I thought he was? Etherium is run by a large group of people, including finance guys
<< none of which in the wot ? catperson, puhlease.
mircea_popescu: decimation: web 2.0 is so poorly designed that this barely exists, instead of being a first class featue
<< muff said.
mircea_popescu: decimation: everyone knows that eastern europeans are going to cheat and steal the carp
<< i can attest, carp is huge in eeu
mircea_popescu: decimation: I thought it was always native
<< you were right, it was.
mthreat:
<mircea_popescu> rtecord
<< mircea_popescu: mircea_popescu: conventional munitions alarm
<< you mean, ears ringing? or smelled the unmistakeable smell of trotyl? or actual electric alarm?
<< no there;s an actual alarm.
mircea_popescu: copumpkin: damn! mpoe below .8
<< im pretty sure it was her eb4
BingoBoingo: I tend to treat people in Bitcoin T-shirts the same way drug dealers treat people wearing I
<3 crack T-shirts
benkay:
<mircea_popescu> i have nfi why anyone'd do business with people who announce xmas and then fail to deliver in march, but then again... // what, you calling asciilifeform a scammer?
mike_c:
<+mircea_popescu> who the fuck blasts metro tunnels ?!
<< broke countries?
benkay:
<dub> she just finalised our venue, twas all I could do to drag it back to 300km away from 10000km // sucker - i had mine in the backyard of the house in which i grew up.
mircea_popescu: fluffypony: mircea_popescu could be the largest æthereum holder
<<< could is such a majik word.
mircea_popescu: benkay: i don't. it's a phenomenal waste of human capital.
<< there is no such thing as "waste" of human capital any more han there's waste of carbon. it's an element, whatever it gets used for is just fine.
mircea_popescu: benkay: keybase wanted your 'encrypted' private keys.
<< oh such lulz.
mircea_popescu: bitcoinpete: pretty sure the irish have below average everything
<<< irish chicks have above average to epic freckles.
mircea_popescu: benkay: I WAS JUST SAYING THIS
<< basically doge opened the way for "mainstream" media shilling.
mircea_popescu: asciilifeform: before divorcing, i do not know.
<< why divorce the woman just because she's getting exercise ?
mircea_popescu: bitcoinpete: $99 and it's yours. delivery estimated in november 2014
<< expensive, but it's not actually a bad idea.
mircea_popescu: benkay: can't say yet need moar read
<< pls let the group know.
mircea_popescu: lobbes: the problem I have with weird al nowadays is that I don't even know the songs he is parodying anymore
<< this is because you've stopped fucking teenagers.
mircea_popescu: mike_c: is mpex.co going to get fixed ever? or is it just dead.
<< nah will come bax
☟︎ mircea_popescu: bitcoinpete: "SEC To Complete Rules Aimed at Reducing Money-Fund Risks: Plan Would Allow Money Funds to Temporarily Block Investors from Withdrawing Money in Times of Stress"
<< epic.