log☇︎
853500+ entries in 0.495s
mircea_popescu: but yeah, the best security is having a cheap laptop you don't use for anything else. generate a wallet and some gpg keys.
thestringpuller: or is security not a privelage the stupid deserve?
thestringpuller: mircea_popescu what would be the ideal solution for a lemming storing btc "securely"
mircea_popescu: dood was drooling so hard his wife didn't want to rent anymore.
mircea_popescu: one of the two says "oh, i rent here, but she comes with the place".
mircea_popescu: some other time, two chicks living together, landlord comes to do the same thing with a young goofy married couple.
nubbins`: although i was torn, i eventually chose the response "just us"
nubbins`: i was living in a rental once, and the landlord was showing some new prospective tenants around
mircea_popescu: "A lot of holes in the desert, and a lot of problems are buried in those holes. But you gotta do it right. I mean, you gotta have the hole already dug before you show up with a package in the trunk. Otherwise, you're talking about a half-hour to forty-five minutes worth of digging. And who knows who's gonna come along in that time? Pretty soon, you gotta dig a few more holes. You could be there all fuckin' night."
nubbins`: better hope GPS accuracy is really tight on that particular day
mircea_popescu: he's gonna be out there digging ditches with nicky santoro.
thestringpuller: go unbury your 10000 btc from the desert
nubbins`: i don't have reliable access to plastic barrels
thestringpuller: put gps coordinates on lotto ticket
nubbins`: while sacrificing nothing in the way of security, as long as it's done properly
nubbins`: anyway, seems a lot easier than keeping backups of wallet.dat files in encrypted usb drives in bank vaults
nubbins`: y'know, i'm realizing that this isn't a terribly complicated topic to discuss
mircea_popescu: then we can assume the wallet will be safe.
nubbins`: but let's assume that one is intelligent enough to create a passphrase with a very high level of entropy
nubbins`: well, 'Password1' obv isn't going to cut it
mircea_popescu: if you've never made original contributions to a scientific field your mind is probably too banal for the brain wallet to be safer than the alternatives.
nubbins`: what's everyone's thoughts on using brain wallets for cold storage?
nubbins`: convince me to pay for content
nubbins`: congrats, you've done what the globe & mail couldn't
ozbot: The anatomy of a disaster pe Trilema - Un blog de Mircea Popescu.
nubbins`: seems like they're sitting on a bunch of mining hardware with very little prospect of roi
mircea_popescu: unless there was some flaw in it. in case you're wondering btw, this has happened in the past
mircea_popescu: then you'd have a pretty good leg to stand on.
ThickAsThieves: would you then fix the issue?
ThickAsThieves: if i were to get historical data from bitcoincharts.org and it showed it was true
ThickAsThieves: it needs to use data to decide
mircea_popescu: you need to show basis if you wish to disagree.
mircea_popescu: bitbet does not need to show basis.
nubbins`: there's no basis to say anything
ThickAsThieves: there's no basis to say it was false
mircea_popescu: i don't follow that reasoning too well. but anyway : absent someone with a screenshot of the proper link, there's no basis to contest the bet.
ThickAsThieves: it includes enough data to show that any more added markets would only make it more right
mircea_popescu: anyway, does it include all the markets ?
mircea_popescu: your link currently reads for me " Something went terribly wrong"
ThickAsThieves: just needed to be looking in the right day
ThickAsThieves: it would hav eproven the same
mircea_popescu: you have to use the link indicated in the bet tho.
ThickAsThieves: I need to put on my Annoying BitBet Customer Hat
ThickAsThieves: mircea_popescu, in case you didnt parse the conv from earlier today,
Ukyo: but... "It' has the wifi's and the GBs"
ThickAsThieves: mp I will be in touch sooner or later on that then
mircea_popescu: ThickAsThieves other than that i've not yet made a data feed. waiting for a company to offer to do this, and convince me that it has a market above and beyond assbot.
Ukyo: ThickAsThieves: I have an app for that.
ThickAsThieves: where's the for real API
Ukyo: btw, it appears the labcoin address has had a deposit of some 3.x btc from slush's pool
mircea_popescu: Ukyo i think that's a display thing
ThickAsThieves: but it compromises other things
ThickAsThieves: I appeciate that feature actually
Ukyo: mircea_popescu: assbot appears to sum trades together now :)
ThickAsThieves: looking for the real thing i mean
ThickAsThieves: does MPEX have historical trade data accessible via API?
Urushiol: i.e what experience does the management actually have?
ThickAsThieves: passing on the risk
ThickAsThieves: and the essence of mining ipo's mostly
ThickAsThieves: this is the essence of group buys and pre-orders
ThickAsThieves: the world over is asking themselves "how can i short mining:
Ukyo: fter selling off at 2x the price
Ukyo: unless they are tryig to cause the price to stay down to buy back
ThickAsThieves: then that plan fell apart
ThickAsThieves: they probably intended to use avalon chips or something
ThickAsThieves: theyve had so many opportunities to prove otherwise
Ukyo: so i would behappy to see it work ot
Ukyo: i meant keep them
ThickAsThieves: i'm referring to zoinky's comment about tracing divs
zoinky: did they?
Duffer1: they posted an "official" address TaT
ThickAsThieves: the coins get washed just by importing to BTCT
zoinky: wasnt one of the answers to their early FAQ that they planned to use IPO funds to pay the first dividends?
Duffer1: i don't see how they can hide the coins though, unless they send what's mined through a mixer... then their stock would crash to zero if they tried that
ThickAsThieves: if they cared to prove anything, theyd hop on a pool and take some pics of their miners
zoinky: i dont think they thought things out, if they pay dividends people will follow the coins and see if they were really freshly mined
Ukyo: I've made a few posts in the threads. I don't see why they can't list the address used for mining up to now unless they plan to hide and keep the coins
Duffer1: Ukyo what'r your thoughts on labcoin?
Ukyo: more than half heh
Ukyo: thats a little more than btct's 95,000 30day volume.
ThickAsThieves: it trades a lot
Ukyo: that 58,190 volume shown on http://kryptotrader.com/api/securities.php?site=BTCT&query=LABCOIN is that 30day trade volume?
benkay: does anyone have experience with the collateralization of options on btctc?
ozbot: The sanity “dogma”. pe Trilema - Un blog de Mircea Popescu.
jurov: http://trilema.com/2013/the-sanity-dogma/ gets too funny for mircea, sent teh girl
gribble: MtGox BTCUSD ticker | Best bid: 141.01500, Best ask: 141.99122, Bid-ask spread: 0.97622, Last trade: 141.99122, 24 hour volume: 7786.76066710, 24 hour low: 139.01001, 24 hour high: 142.00000, 24 hour vwap: 140.10724
assbot: [HAVELOCK] [AM100] [PAID] 23.04744351 BTC to 250`761 shares, 9191 satoshi per share
assbot: [HAVELOCK] [AM1] [PAID] 11.00997930 BTC to 1`138 shares, 967485 satoshi per share
Rulother: so where shall the AM bottom out today
nubbins`: Rulother: that design's got a partridge family kinda vibe, hey?
Duffer1: oo am at 1.8 tempting
Rulother: That shirt, I've never heard of them but I want that shirt lol
nubbins`: pulled the trigger on one of those polar bear gold coins earlier today
nubbins`: anyway, it's a great way to buy silver because there's no way you could lose money
topace: yea but you'd never hand that over at a store to buy something
nubbins`: pricey for bullion, but essentially a 1:1 trade for face value
topace: im into the 10oz silver bars lately :p
topace: nubbins`: whtas the silver weight?
nubbins`: in the meantime, my iceberg/whale coins arrived
nubbins`: ah, those were the days