log☇︎
814000+ entries in 0.493s
the20year2: I retain 35% of my divs too, but then I ponied up $30k+ into the fund :D
mircea_popescu: the20year2 and then you list the crap and get called a scam and don't understand why.
the20year2: If you were the issuer , why not? Investors typically don't read the T &C , and if they do, few understand it
Duffer1: those assholes have gone overboard with that one
Duffer1: worse than a pmb
the20year2: I always laugh at how these companies are set up, i've gone overboard with mine, and no one cares
the20year2: And it's a sweet deal for the mining company......the cost to provide those GH goes down every day
mircea_popescu: where's the cxontract
Duffer1: i can't imagine that will ever rio
ThickAsThieves: even harder to care
ThickAsThieves: hard to know
Duffer1: wow they really have raised 3400 btc
mircea_popescu: http://www.cryptx.com/peta-mine/ < this thing ?
the20year2: according to havelock's chart
mircea_popescu: Duffer1 the20year2 have 3.5k according tp what/who ?
kakobreklaa: large amount of lag to somaila
Duffer1: more than they'll ever actually mine
mircea_popescu: jurov well you don't HAVE to settle, you can just sell it back later
ozbot: Bitcoin is so 2013: Dogecoin is new crypto currency on the block | The Verge
jurov: i'll add it on coinbr, but it needs scary warning you need b-c account to settle it
sois: i sent him a proposal that would automate the process, i'm guessing he is just using excel and manually doing it which must be a hassle
sois: Okay, guess nothing we can do but wait till next dividend or his response
the20year2: jurov: the prevailing theory is that the heart shape is specifically that
sois: TAT, Did Friedcat respond on what the issue is with the direct transfer shares from last week?
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Mtgox. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the code is (1 more message)
mpexbot: jurov: An error has occurred and has been logged. Please contact this bot's administrator for more information.
ozbot: BitBet - Bitcoin value will drop back to $450 or below before Christmas
FabianB_: http://bitbet.us/bet/611/bitcoin-value-will-drop-back-to-450-or/ <-- hehe, if they panick to that level
gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.
azoo: what about the just recent news about china banning withdrawals btc to fiat?
ThickAsThieves: they pulled similar shit with tencent rumors in the past
FabianB_: didn't know any of them had anything directly to do with bitcoin
FabianB_: the only third party 'payment provider' they mention in the article is Tenpay
Duffer1: couple of reddit rumor threads so far, that's all i've been able to find
mircea_popescu: seems the usual overreaction. no such thing happened as far as anyone knows
FabianB_: http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/ <-- has this been discussed already? am not through the backlog yet
gribble: http://www.urbandictionary.com/define.php?term=sharking | To pull a girl's panties down in public, usually when she's wearing a short skirt. Very popular in Japan.
mike_c: tell him your code is C++, and therefore can't be a scam.
kakobreklaa: fun fact, clark moody refused to advertise my service cause it was suspeicious of it being scammy. he does have a mcxnow banner on site, still.
benkay: your prose does have the vitriol of not-totally-bleached youth ;)
asciilifeform: i turned 30 2 wks ago...
asciilifeform: phun phact: i've had people write to me: 'fscking keep over already, geezer'.
benkay: i'm a near total neophyte to the execution of code and the things upon which they execute, so your grumpy old man attitude is fascinating to keep in mind while coming up to speed on the rest of the stack.
benkay: first i'd ever encountered the notion of dataflow stuff
benkay: asciilifeform: i dreamt about a dataflow soup (using biocomputing elements) last night and then read your Alert Reader post this morning.
mircea_popescu: all i recall is this dos-age splash screen
mircea_popescu: wow f-secure, what a blast from the past
asciilifeform: new from the seekoority circus! http://www.f-secure.com/weblog/archives/00002647.html
mircea_popescu: was supposed to start today. i guess davout is having some tech trouble ?
pizzaman1337: anyway... when does X.EUR start trading?
diametric: just the tip
mike_c: but now you get to enjoy the anticipation of being a billionaire again.
mike_c: heh, right. the gox effect.
pankkake: well then it shouldn't crash at all
mike_c: well, its posted on their site that they are requiring identification now
diametric: ahh also btc china has enacted a trading fee now
pankkake: is there a non-panic mode in bitcoin?
mike_c: buffet says this is a good time to be greedy
diametric: seems like the market is in full panic sell mode right now.
mircea_popescu: i thought it'd be ~1050 even so
mircea_popescu: lol bitcoincharts is a little behind the blox
jcpham: you would crash too if it happened to you
mircea_popescu: it's its party and it can crash if it wants to ?
gesell: whats the reason for the current crash?
mike_c: coinbase is 1% too, although they aren't really an exchange.
mircea_popescu: taub_ better than 1% or w/e mtgox was doing
taub_: hehe surprise guys let me raise the fees on my super active traedign platform to 0.3%
ozbot: Twitter / Heineken: Our vision of the future? Drink ...
ThickAsThieves: actually the amount lost here is probly very close to amount gained on idiffs
gribble: Next difficulty estimate | 1115862283.67 based on data since last change | 1184576457.35 based on data for last three days
mircea_popescu: looky, economy is built on trust and people doing their job. it's not really built on "making it impossible" for people to default.
lyspooner: until then you have recreated icbit's downside problems
lyspooner: the good exchange will pick that format
mircea_popescu: at the very leasty.
mircea_popescu: i tell you euro will turn worthless in the next ten years a degree of magnitude more often than btc will
mircea_popescu: it creates the equivalent.
lyspooner: nonsense in what way? it prevents the situation i just described
mircea_popescu: lyspooner what, instead of btc ? that's nonsense.
mircea_popescu: and moreover he has the means to go delta neutral as he has ready access to a spot market.
mircea_popescu: of course, what he says is that he's not going directional, and it makes sense for him not to, if he knows his business,
lyspooner: make him post euros to you
lyspooner: he would sell 1mn contracts, and in the case that bitcoins were worth less than 1 eur and he didn't hedge himself, he would owe 1mn EUR. he would run off and people would get near worthless bitcoins
mircea_popescu: and it's practically better than the alternative (hold 1mn euros which also COULD be worthless)
mircea_popescu: still, on one hand it's a much better liquidation event than either the best or the most recent non-mpex liquidation event, on one hand
mircea_popescu: that COULD be worthless, obviously. and it'll have to be accounted for.
mircea_popescu: he sells those, and then runs off
mircea_popescu: well suppose the mm gets 1mn contracts, by depositing 1560 btc.
lyspooner: in the case where the mm splits or dies or forgets everything or worse, then the longs eat the crap
mircea_popescu: lyspooner certainly all changes are announced before the contract trades. this is sacred.
mircea_popescu: admittedly there could still exist an edge case where the mm splits and the holders book a loss
mircea_popescu: anyway, the mm deposit could have been in either of the pair, but btc seems safer.
lyspooner: imagine i buy 100 contracts while there is a single market-maker, davout, because i am comfortable with his terms of delivery
mircea_popescu: no there isn't. you've been looking at eurodollars too long.
lyspooner: there's still something gross about the delivery specs being different from mm to mm
mircea_popescu: we do things right for a reason.
mircea_popescu: it rots the brain.
lyspooner: ah ok, i've been look at icbit too long
lyspooner: so if i buy 1000 contracts at .0015 and the future expires at 10,000,000 eur on the final settlement day, and the short can't give me 10 billion euros, what do i get?
mircea_popescu: lyspooner that is one way to run it. there's no guarantee it'll be the way it's run.
mircea_popescu: edy for contract holders from the part of the Exchange.