log☇︎
792200+ entries in 0.517s
chatquack: What is this maddness?
Duffer1: i look forward to reading how the PoW will work
simlay: Duffer1: Interesting. Riecoin seems somewhat academic to me.
Rulother__: I was sad to come into work to see my channel had such low attendence
wao-ender: > someone said something to someone else on a channel that wasn't appreciated
asdfasdfsdf: why else? these attacks can't have no cost
simlay: wao-ender: on freenode? I heard about 50 GB/s to cloudflare
jcpham: a smokescreen/diversion so the real target goes unnoticed
Duffer1: nsa testing terrist disruption system ☟︎
asdfasdfsdf: what's the financial motive for ddos'ing freenode? i don't get it.
wao-ender: rumors said, there was over 50GB/s
jurov: and then prodding mircea to pay divs :)
kakobrekla: one of these days.
jurov: s.mg is there, so it should be in pipeline
jurov: or mircea does the report?
kakobrekla: Panacea performance for January after fees: +0.12% (very calm month, only 2 trades executed)
kakobrekla: i moved my ass to civilization btw
Namworld: Stupid MtGox and it's late transactions
Dimsler_: what the hell blockscan
herbijudlestoids: anyway, i guess i better do some real work today since its monday.
herbijudlestoids: ye, i was mostly just curious, actually kind of hoping to see an obvious time based pattern so i could focus some efforts into that window
mircea_popescu: generally people maintain liquidity through planning, it'd be rare that a trade has to be stayed because waiting for confirms.
mircea_popescu: anyway. few people if at all trade on this junkie's routine, of gotta wait for check to clear style.
herbijudlestoids: obviously they will affect the diurnal pattern because they do payouts on a cyclical basis
herbijudlestoids: mircea_popescu: lets say for example bitstamp becomes the #1 worldwide retail payment gateway foreverything forever
herbijudlestoids: for example tokyo/london overlap is only slightly less liquid than london/NY overlap, and in currencies like AUDJPY or index futs like HSI its more liquid
herbijudlestoids: and the hours where they overlap liquidity is strongest
herbijudlestoids: depends, but mostly the tokyo/london/NY is the 3 prominent phases
mircea_popescu: basically what do you see in the other stuff, the pacific ocean right ?
herbijudlestoids: yes thats possible too
mircea_popescu: alternatively, australia, japan, china, russia, iran, europe, the us... there might be some slight pattern not visible cause low sample yet.
mircea_popescu: ie, their algorithmia is more akin to a wheelchair than a car
herbijudlestoids: well most stuff i watch is traded algorithmically in aggregate and still has strong diurnal patterns
mircea_popescu: (i wouldn't expect any pattern, since most everyone will be trading via pympex or similar, it's trivial to just schedule w/e)
mircea_popescu: actually from there seems people are coding their bots to sorta split orders over ticks huh
herbijudlestoids: here are the MPOE trade volumes http://imgur.com/fNa5B9q per tick, no discernible diurnal pattern
ThickAsThieves: the realize the power of Altcoin and that they need to gut themselves quickly
mircea_popescu: someone's working overtime this weekend.
mircea_popescu: gotta love all the damage control.
mircea_popescu: "I don't see this making a difference. There are lost coins in every currency. A 10K block reward is peanuts. Any anyways, the developers could always modify this in the future if it became a problem."
mircea_popescu: jurov there's a guy that managed to get his assets transferred twice back in the old days (2012), netted like 300 btc from it.
ThickAsThieves: mpex is a tin woman?
mircea_popescu: bujt the problem there seems to be that they executed crap, not that they claimed crap
mircea_popescu: mpex spouts all sorts of crap all the time tho,
ThickAsThieves: just saying that not just noobs have systems that can break linear value movement
mircea_popescu: so how is this related ?
jurov: afaik only once me and smickles confused mircea into doing a withdrawal twice
ThickAsThieves: mpex does same thing sometimes, no?
pankkake: lol what kind of noob thing allows that
ThickAsThieves: i wash my hair of this!
mircea_popescu: basically bitcoin got attacked in 2013 by the most unlikely of sources : the dieing start-up circus. that was... bout 6 hours 20 mins ago ?
mircea_popescu: ThickAsThieves here's the cool part : 19:24:15
KRS-: ThickAsThieves think this is a good buying opportunity?
ozbot: TATInvestments comments on Doge devs just fucked all the initial investors by making Doge very infla
mircea_popescu: herbijudlestoids no, they actually believe this
ozbot: Doge devs just fucked all the initial investors by making Doge very inflationary and removing the ca
ThickAsThieves: i shoulda done the damn domain squatting ipo
ThickAsThieves: maybe this guy is selling http://altco.in
mircea_popescu: i don't think we're springing for that tho
ThickAsThieves: all in the name of education
mircea_popescu: yourefuck.edu actually. just for that lovely your e-fuck, youre fuck etc grammar splendor.
benkay: what the hell is up with the pool software space
herbijudlestoids: judging from the charts, MPOE does seem like a very good candidate for mean reversion trades
ThickAsThieves: we will have to refer to our conversation of bitcoin business names for altgen.io
pankkake: we could generate every coin for every word of the dictionnary, but the port numbers would conflict
asciilifeform: ought to include 'burns'
pankkake: phoenixcoin exists by the way
ThickAsThieves: 'we arent spending those burned coins, just moving to safer location!'
mircea_popescu: i can't believe someone's still expecting to be taken serious with java
pankkake: I haven't looked up nxt's proof of stage algo… the half open java source doesn't help
mircea_popescu: the thing with chump vacuuming is that creating the impression of a lot of chumps having been vacuumed already is part and parcel of the model.
mircea_popescu: hardly any of that, either.
asciilifeform: other than chump-vacuuming, you mean ?
mircea_popescu: asciilifeform neverhteless, the assessment that nxt, cc, mc etc did nothing the past 9 months is correct.
mircea_popescu: well at least *part* of that statement is correct.
mircea_popescu: "The Counterparty Team just went ahead and wrote their own stuff, doing what Colored Coins, NxT and Mastercoin failed to do these past 6 – 9 months. Not even Ripple has assets like these issued and trading."
mircea_popescu: nubbins` all these years...
herbijudlestoids: almost, trades a lot less tho
mircea_popescu: herbijudlestoids all this stuff almost makes me believe s.mpoe is not a scam after all.
herbijudlestoids: here is a detrended price oscillator against the same timeseries http://imgur.com/zZgcAqn
nubbins`: oh, sorry, thought you said ruining pools
benkay: what's the hot jam for running pools?
mircea_popescu: this thing really gives the finger.
herbijudlestoids: pretty good to see vols clustering and mean reverting, good sign of a healthy microstructure in the market
herbijudlestoids: 20 tick vols: http://imgur.com/AJsBk7H
herbijudlestoids: 20 tick returns distribution: http://imgur.com/ABfjFaX
TATonawalk: making the wot friendly easy
benkay: goodness the things they say about network design
TATonawalk: could be an independent thing anyway
benkay: i was perusing a buddy's lady's business textbook
mircea_popescu: KRS- dun feel too bad
jurov: rly. if govt wanted to tax it instead, that could cause some problem.
mircea_popescu: TATonawalk adding to the workload at this point is stupid. let it be simple.
Dimsler_: and the war on drugs
Dimsler_: you can apply that to prohibition in the US
TATonawalk: added thoughts on bitcoin fiverr - integrate with wot to manage reputation. package that integration method as an identity service for other cryptobizzes. handholding the masses into compliance and get paid for it.
Dimsler_: no they wouldn't
KRS-: oh it does the opposite
mircea_popescu: the last thing someone does in a jurisdiction that made btc illegal is dump it
KRS-: Wouldnt the supply increase?