808700+ entries in 0.536s
BingoBoingo: benkay: Well, I dunno how much I
trust RSS
to propagate, or
to have been read by anyone.
Thank you for letting me know
that I'm not
the only person still using
the stuff.
benkay: 'll see it in
the rss
then ;)
gribble: Next difficulty estimate | None based on data since last change | 1744574150.51 based on data for last
three days
mike_c: hey jurov, different
topic: last month I unintentionally
tested out what we were discussing. and you can not lose more on a sold put
than your collateral.
jurov: mike_c mybe
they will do business via PMs on otc/reddit/trolltalk
Namworld: I
think it says it all on Havelock.
Namworld: They refused Coinroll's IPO because previous investors selling
their shares and funds not going
to develop a business is
too complicated and doesn't offer anything
to investors. Nevermind
that Coinroll is already running and would be issuing bigger dividends
than any other fund on Havelock right away.
mike_c: they are only serving US "to start". of course,
they can't start until
they finish
their website. yet
they are projecting 21 btc profit next month.
mike_c: i don't see how
they could be competitive from
the start.
they don't have any economies of scale. do
they have some magic formula for cheap customer acquisition? i don't see it.
Namworld: They don't grasp
the actual meaning of
the
term IPO
Namworld: IPO
to havelock = crowdfunding
Namworld: Havelock rejected Coinroll's IPO because
the structure of
the IPO (5% raising funds, 5% investors monetizing
their investment) was
too complicated and
they didn't see how investors would benefit if
their funds go
to previous owners (nevermind
that
they
they're buying out
their shares and right
to profits/the business)
Namworld: They'd just need
to be competitive from
the start and not need
to grow
too much...
Namworld: They only sell 20% of mintspare.
Thus
they can give at a minimum 70% of profits
to holders and
themselves, and keep up
to 30% of profits for expension.
mike_c: heh. of course
they reserve
the right
to change
that.
mike_c: "Each MS unit is entitled
to no less
than 70% of profits in dividend payouts"
pankkake: lol
they claim
they give a fixed percent of profits?
mike_c: how could
they possibly compete with
the established players when
they have
to pay out at least 70% of
their profits as dividends?
gribble: topace was last seen in #bitcoin-assets 3 days, 4 hours, 11 minutes, and 12 seconds ago: <topace>
the passthru operators hold
the direct shares
pankkake: it seems
to be
the most featureful. requires
the whole blockchain and now its own index
though
KRS1: armory is better you
think? havent
tried it
pankkake: I am/was
tempted
to use Electrum, but it seems
that Armory is fixing its slowness
benkay: well
they're definitely going
to acquire some bitcoins via IPO. who knows if it does what it says on
the
tin, even.
pankkake: I'm not sure
the fiat equivalent have enough volume, how is
this one going
to do?
BingoBoingo: The problem with blockchains for
trivial uses is
that block chains have a large cost in
terms of storage required. Bitcoin's blockchain is small because
the number of bitcoins
transactions is small. A blockchain based however off of
the iTunes catalog and all of
the iTunes users however would not be small.
BingoBoingo: KRS1: Well, namecoin. If it didn't suck so much and miners wrote
transactions with lots of data
to blocks...
BingoBoingo: ThickAsThieves: Well, blockchains have limits on
their usefulness. It works in Bitcoin because everyone values having a distributed consensus ledger and enough people have a vested interest
to maintain
this ledger. I dunno if anyone other
than Spotify is particularly interested in spotifies ledger when
they would rather store music
than an account of
the music everyone has.
BingoBoingo: ThickAsThieves: Well most DRM is pki based anyway. I don't see what adding a blockchain
to it might do other
than maybe allow rights
transfers. I don't
think many people interested in DRM
though are people interested in making rights
transfers easier
though.
ThickAsThieves: well DRM seeks
to identify an owner and allow it
to access a property
Duffer1: i don't i'll ever see
the day when i'd feel comfortable having my real name as a user nick
ThickAsThieves: i'd prefer
to have my identity out
there if it were safe
Duffer1: but, imagine people's reactions if you ever did run with
the money, everyone would be like.. "well shit"
Duffer1: that i should go get some sleep and stop
trying
to fuck with you
Duffer1: right but, you know
the word "Thieves" is in your business name right?
ozbot: thick as
thieves - Idioms - by
the Free Dictionary,
Thesaurus and Encyclopedia.
Duffer1: TaT why did you decide
to put "Thieves" in your name?
gribble: MtGox BTCUSD
ticker | Best bid: 1040.0, Best ask: 1047.0, Bid-ask spread: 7.00000, Last
trade: 1040.0, 24 hour volume: 27591.01475313, 24 hour low: 928.75005, 24 hour high: 1093.68199, 24 hour vwap: 1013.68537
jurov: i know but
this one really got me
Duffer1: they had several weird ones @ $100 intervals on
the initial run up
to 1200
KRS1: eitherway he's doing
the world a favor
Duffer1: MP
thinking of ways
to save
the world or ways
to shit on more mouthbreathers? :P
mircea_popescu: i always
thought of
that as more of a "free association" exercise.
Duffer1: MP i believe
the site you're looking for is 4chan
nanotube: ;;later
tell benkay /viewgpg.php you can look up by keyid. you'll get a nice link if you ask gribble for 'gpg info somenickyouwant'. or if you want you can get
the entire db.
mircea_popescu: internet people
thinking, should be a website, like
the people of walmart one
KRS1: the best ones are right off
the cat
gribble: MtGox BTCUSD
ticker | Best bid: 1013.0, Best ask: 1019.717, Bid-ask spread: 6.71700, Last
trade: 1019.75, 24 hour volume: 21249.82151275, 24 hour low: 911.58, 24 hour high: 1029.98765, 24 hour vwap: 973.26335
benkay`: it'd be in
the "you don't have
this key on file!" message. derp.
benkay`: plus, i
think
that i'd have
to have
the signature already imported for
that
to work jurov. i'm interested in sigs whose keys i've never seen before.
jurov: oh no sry, it doesn't extract
the fingerpring
benkay`: i'd be happy with
the keyID for what it's worth
benkay`: does anyone know how
to get a key fingerprint out of gpg + a signed message?
jurov: would be so muich fun if some rck kid
tried
to pull
this on mtgox
jurov: as if doing 1000
transfers of $4k each is easier
KRS1: questionable if some exchanges even have liquidity like
that
jurov: and i also pointed out it won't be easy at all
to get $38m out of exchange
jurov: these folks were arguing
that someone is pumping bitcoin up
to dump it at once
jurov: and
the question is, what direction would
the ensuing stampede
take
jurov: cuz dude was convinced btc will be < 100e
tomorrow
jurov: the
thread is about me winning 100e bet
gribble: Error:
The "Market" plugin is loaded, but
there is no command named "this" in it.
Try "list Market"
to see
the commands in
the "Market" plugin.
KRS1: mjr_ any progress on
that exchange
thing
jurov: yes, just perused exactly
this example in a forum post
mjr_: anyway, got a couple cool
things coming out
KRS1: funny if something like btc armageddon happens (markt sell 100K coins) market price is still higher
than most stocks bonds
gribble: A market order
to sell 100000 bitcoins right now would net 38054571.9009 USD and would
take
the last price down
to 80.0000 USD, resulting in an average price of 380.5457 USD/BTC. | Data vintage: 6.9364 seconds
gribble: This order would exceed
the size of
the order book. You would buy 21518.045 bitcoins, for a
total of 321774595.2393 USD and
take
the price
to 1000000000.0000. | Data vintage: 0.1605 seconds
mjr_: but i have made a lot of progress on
the system
truffles: <mjr_> long
time no chat >>> u should update
that blog
jurov: benkay` remember
to ask later when it will be disclosed
dignork: btw, about
testnet, current difficulty is 16, it's supposed
to be 1, anybody knows why?
benkay`: any lessons on
the not blowing of deals with mircea?
jurov: ofc
tried
to make a deal with mircea first, blew it