log☇︎
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mircea_popescu: scams also arrive reliably every few months, for the same reason
Ademan: BingoBoingo: Cars aren't a create comparison though, cars are all made by a small number of enormous players.
BingoBoingo: Or... you know do the store of value thing.
mircea_popescu: of course cars for the new model year arrive reliably. you're paying a lot more than what they're worth.
mircea_popescu: anyway, the choice practically is either get gypped (the cars example) or get gypped (the miners example).
kakobrekla: mircea_popescu thats just cause its worth so god damn much.
BingoBoingo: mircea_popescu: I wouldn't take the other side of that bet.
BingoBoingo: Ademan: Products being sold generally aren't delayed by months. The new cars of the new model year reliably arrive sometime in the summer.
mircea_popescu: BingoBoingo in fact, more coin has been lost so far than will be lost in the future i bet.
BingoBoingo: Apocalyptic: It is tolerated now because still too many people haven't lost enough coin yet
kakobrekla: but that is cause people.
Ademan: Aren't products delayed by months constantly in non-BTC markets too?
BingoBoingo: Ademan: Moar like ppl nead to read moar
Apocalyptic: <BingoBoingo> As BTC matures bullshit like, "we get new stuff sometime in this 3 month window" is going to be tolerated less and less // I sometimes wonder why it's even tolerated now
Ademan: BingoBoingo: Well if invetors thought a 3 month window was BS, why the price increase in the first place? Pure speculation?
BingoBoingo: Also I imagine muppets who would have happily piled onto AM last year are now throwing their money away at Cex.io
BingoBoingo: As BTC matures bullshit like, "we get new stuff sometime in this 3 month window" is going to be tolerated less and less
BingoBoingo: Your average 'Murican back country gas station has their inventory timed to a roughly 15 minute degree of precision as to when it gets replenished.
BingoBoingo: Ademan: And the rate at which people build up Bitfurries and Knc miners in their farms and ambiguous date like Q1 mean what exactly?
Ademan: (Since it wasn't scheduled to have happened yet, I don't know what would have shaken confidence)
Ademan: BingoBoingo: thought they were supposed to in Q1? Unless there was a delay.
BingoBoingo: Ademan: Do they have a new farm with new chips?
Ademan: BingoBoingo: I had stopped watching around the time it bottomed out, but it looked like it was on its way back up
BingoBoingo: Ademan: Everything is with the AsicMiner plummet
Ademan: damn, what's with the AM1 plummet?
BingoBoingo: craycray is the goodfellas, guccifer, and beiber all being arrested the same day
dub: AIDS on the decline
benkay: mpoe at all time high while btc kisses 1k again
gribble: MtGox BTCUSD ticker | Best bid: 944.0, Best ask: 945.49499, Bid-ask spread: 1.49499, Last trade: 945.55019, 24 hour volume: 1598.86548321, 24 hour low: 937.12135, 24 hour high: 958.99999, 24 hour vwap: 948.32282
benkay: ;;later tell nubbins` hey homie does your shop do thermolithography or whatever that fancy raised ink shit is?
benkay: ;;later tell nubbins hey homie does your shop do thermolithography or whatever that fancy raised ink shit is?
benkay: even on mpex, he cray at times.
benkay: didn't have to buy ipo to make out like a bandit
mircea_popescu: 20/20 and all that
Namworld: Might have bought instead of other things...
mircea_popescu: but when you realise shares were sold by the mn at 2k satoshi per originally, the immensity of the colossalness starts to emerge.
mircea_popescu: that's not hard to do.
benkay: more than altcoins thats for sure
mircea_popescu: i guess s.mpoe has made moar ppl rich than anything else.
mircea_popescu: wow it actually went to 1
mircea_popescu: right-o. too big to fail, too big to be replaced, the continued relevancy of jpm is a legal requirement of the world.
benkay: i like the implications that the usg requires transaction reviews
mircea_popescu: no, more like "these people will eat our lunch yet we think we are very important"
Namworld: Is that article something like: "I got a big mouth and I can make it move. Watch!"
BingoBoingo: mircea_popescu: Haven't played yet today
Apocalyptic: BingoBoingo, you reallistically can't do more that 2-3 depth calculations
truffles: no today was 1-1
jurov: maybe strippers can be treated similarly
jurov: well, there were some special visas for starcraft players
mircea_popescu: wait, the guy beat you both simultaneously ?
truffles: im kinda tired so i zoned out both games
BingoBoingo: Apocalyptic: truffles: See what I'm saying about G/30 being the minimum time control for a good game of chess.
Apocalyptic: mircea, yeah on time
Apocalyptic: crappy time
BingoBoingo: Sure would change the demographics of North Las Vegas or Sauget
BingoBoingo: If H1B visas were given for stripping instead of the sort of prostitution Facebook, Microsoft, and Google solicit I imagine girls from the Phillipines could have kept the soft touch in business.
BingoBoingo: Well, generally the better experience from strippers comes from going to the clubs than dealing with the ones on cams who can't even perform at the clubs for the reason of being too far from the clubs.
Ademan: mircea_popescu: lol reading the backstory on this stripper business
mircea_popescu: just like bitcoin people aren't to be found on retardstalk, perhaps actual strippers have better things to do than foruming.
mircea_popescu: maybe they were just not very good strippers.
BingoBoingo: mircea_popescu: Ain't that the truth.
mircea_popescu: you'd think people whose profession revolves around this concept'd have it down pat.
mircea_popescu: BingoBoingo funny how strippers never engaged with the "shut the fuck up and do what you're told" bit.
BingoBoingo: mircea_popescu: I know right. Funny how strippers never engaged with the tidbit about "store of value" being the market driver
mircea_popescu: Ademan "for the people" governments at work. expect it soon in a theatre near you.
mircea_popescu: most of those girls could have had a cool k. which they never saw together.
Ademan: damn, that's a hell of a tariff
mircea_popescu: from the 14% we infer about 1/3 ish of goods are bought on internet
mircea_popescu: consequently... the peso is worth less (% of goods bought on internet * 1.5)
BingoBoingo: mircea_popescu: "Who knew giving away stuff to strippers is going to turn into some sort of criminal case, seriously now." lol
mircea_popescu: kakobrekla they put in a new rule that you must pay 50% fine to buy stuff over the internets.
benkay: heh kakobrekla is that on some sort of international market?
Ademan: benkay: yeah, leave it alone, I thought I observed something, I was wrong. The end.
Ademan: I must have been high or something before, it *is* generating a new address every time... I coulda sworn it wasn't
Apocalyptic: truffles, who took a beating now ;)
mircea_popescu: well yes. every time you enter an ammt you get a new address.
Ademan: mircea_popescu: http://www.openbsdfoundation.org/donations.html near the bottom there's a box to enter a BTC amount, and a button that says "Donate Now". When you enter an amount and hit donate, it takes you to a BitPay page with an address and QR code on it. I got it from there
Ademan: benkay: sure, but I think it's safe to assume 1. OpenBSD didn't care to set up their own wallet and 2. OpenBSD needs to convert to fiat to pay the bills anyways
benkay: unless there are hard business requirements driving that sort of dependency.
benkay: but you see, Ademan, if you have the barest of technical savvy, you aren't beholden to BitPay et al and their transaction fees.
mircea_popescu: where is the address from ?
ozbot: Donate to the OpenBSD Foundation
Ademan: http://www.openbsdfoundation.org/donations.html enter a bitcoin amount, hit "donate now" and it'll give you an address to send to and a QR code
Ademan: I assume either BitPay generates new addresses periodically (it obviously doesn't do it every transaction otherwise I would have found no transactions) or they generated a special one for the transaction
benkay: well, that'd be why you'd pay someone.
Ademan: benkay: I did look to see what transactions had occurred involving OpenBSD's address, but found <1BTC in transactions
benkay: or, you know, pay someone to do the research for you.
benkay: if y'all are so curious Ademan you could probably narrow the address space down with some research
mircea_popescu: anyway, your particular question may be different, but it's also misplaced. the philosophy of gpg contracts, which is what bitcoin is based on, is that the parties to any transaction can dispute, but third parties have no say. ☟︎
mircea_popescu: chan is logged publicly, see topic.
Ademan: mircea_popescu: thanks, do you mind if I quote you on reddit?... heh
Ademan: BingoBoingo: Well, if you assume Bitcoin is the only channel for the payment to occur, true, but you can see my particular question is different.
mircea_popescu: Ademan i used bitcoin to do it, yes.
BingoBoingo: Ademan: txids are for transaction in which there is a dispute as to whether there was payment or not. If neither side disputes that payment was made publishing a txid merely strips both sides of privacy.
Ademan: mircea_popescu: It's not whether or not you did, but rather whether you used Bitcoin to do it or not.
jurov: The Openbsd fundation published him on the donors list, what's there more to wonder about?
BingoBoingo: Also I won't be able to play for a few hours. I'll be getting dinner soon and then getting drunk enough to whoop your ass truffles.
truffles: u took foreveeeeeer
truffles: i lost track of what i was doing half way the games
Ademan: mircea_popescu: Do you mind people seeing the transaction? Some people on reddit were wondering about that.