log☇︎
891200+ entries in 0.639s
mircea_popescu: i imagine they'd have one of those higher volume flasher things
jborkl_: Yeah, the firmware part could have many causes
ThickAsThieves: smart trader^
mircea_popescu: that part could be easily explained. the firmware is being flashed before the chips are put in
jborkl_: Easy, the guy that made the two units with the old firmware- he forgot to do his updates- DOH
mircea_popescu: "If these units have been produced a week ago, like we are being told (new magic smt line, 50 units per day), how is it that they have an April firmware on it?"
mircea_popescu: not saying that the avalon people aren;'t lieing like it's going out of fashion, but
ThickAsThieves: surely kakobrekla pointed this out months ago
jborkl_: The site really unsecured, someone is going to hack and wreck that shit, oh wait maybe they already did and they made it twinkie
davout: how did their little drama end up btw?
ThickAsThieves: A: No, trader can only use borrowed funds on Bitfinex, they can't withdraw it. Lenders are safe from this point of view.
ThickAsThieves: Q: Can traders withdraw borrowed funds?
mircea_popescu: actually the design improves as you go deeper.
ThickAsThieves: A: Mimic the EFF!
jborkl_: You can open a "Deposit" account to lend US dollars to others Bitfinex traders.
ThickAsThieves: Q: How can I take advantage of bitcoin market even if I don't like Bitcoin or don't feel like buying it?
ThickAsThieves: The kind of account where we take your money obv!
jborkl_: oh wait the next one is even better
ThickAsThieves: A: You can open a "Deposit" account to lend bitcoins to others Bitfinex traders.
ThickAsThieves: Q: I'm a long term bitcoin holder, what type of account suits me the best?
davout: it's funny they think they need a money-transmitter license when clearly what they do is waaay beyonf that regulatory-wise
jborkl_: You can open an "Exchange" account and use the "Exchange" tab of Bitfinex.
jborkl_: I would like to trade like on MtGox, how do I do?
mircea_popescu: We pride ourselves in having the most secure platform in the bitcoin world, and here is why:
ThickAsThieves: "Nobody went broke taking profits! - Beta"
jborkl_: I am not cool though
ThickAsThieves: every twinkie needs its cream i guess
jborkl_: I have not heard of it before today
mircea_popescu: jborkl_ are these the well funded group or o no wait, different people.
davout: lol nah, i'd rather neutral than ugly
jborkl_: Bitfinex is the most advanced financial place in the Bitcoin world
jborkl_: Well, MP they say they have you beat
mircea_popescu: o look, i loaded up a twinkie!
davout: my 4 year old made me a painted egg-holder for father's day, i think she can give these guys a design lesson
ThickAsThieves: and I have to essentially psychologically manipulate the clients to get that 15%
ThickAsThieves: davout, that comic is why i'm getting out of this game
mircea_popescu: for the record, a 17yo did it.
davout: jborkl_: you're not being very nice to six years olds
davout: you should be able to do it
jborkl_: before bitfinex declares they are the most advance in the world, they need to work on they main page
ThickAsThieves: i dont think ive ever seen that
davout: that's like asking if a cooking pan supports tea
mircea_popescu: you should put a signup form in their signup form
mircea_popescu: ThickAsThieves if i find out you're working for those asic technologies idiots i will find you and stab you in the testicles.
ThickAsThieves: if i can put an email signup form in their email newsletter
mircea_popescu: trying to capitalize on mtgox success
davout: i don't think flexcoin is an alt
mircea_popescu: During the application period and until final launch this requires us to stop receiving incoming wires during this time with immediate effect."
mircea_popescu: We have now commenced with all the preliminary paperwork in order to become a fully licensed money transmitter in Hong Kong.
davout: flexcoin is, wait or it... the first bitcoin bank
jborkl_: isnt that just any altcoin
davout: isn't that terracoin?
mircea_popescu: no, iirc some guy had the idea of making a diff coin where all balances lose whatever %
mircea_popescu: is this the thing with lose your coins if you hold them ?
ThickAsThieves: there is clearly not enough drama yet, all the forum threads i follow seem to be a dozen guys painfully obsessing over things they have no influence over
mircea_popescu: anf they'vbe last had an idea in 1986
mircea_popescu: i think the same five people make all the bank buildings
mircea_popescu: i was preparing a nice flower arrangement for the mizuho funeral
jborkl_: he was here less than 10 minutes ago
assbot: It's so strange that you don't remember any of your poetry.
pankkake: but that was days ago
pankkake: only news that they might become profitable
peterl: is there some good news on BTVPS, or is somebody pump-and-dumping?
peterl: BITVPS spiked quite a bit today
mircea_popescu: because kids today.
davout: s/proprietary gateway software/a perl wrapper for the bitcoin client/
peterl: because there is only room for one game company?
mircea_popescu: lol teh forum peeps.
mircea_popescu: "There is already a well-funded group developing proprietary gateway software to integrate a BTC economy into several major game platforms. If you are still at the stage of raising capital you have probably already missed the boat."
davout: oh, and btw i'll forever be thankful to romania for introducing me to tripes
davout: mircea_popescu: yeah, i saw that thread
davout: at this rate gox is going to go under before we even reopen, no fun...
davout: probably as much meat in the lasagna as USD backing MTGUSD, NOBODY KNOWS
davout: the funniest part about it is that nobody actually reported lasagna as tasting funny
mircea_popescu: so it's a case of "the japanese have replaced our hambuger meat with tuna". right-o.
mircea_popescu: horses have been forbidden on roads in the 1980s
mircea_popescu: davout the story did make it to romania, mostly to consternation.
davout: yea, i heard about the breast implants thing
kakobrekla: but stupid people, horse is better than beef
kakobrekla: it was all over the place here too
davout: any truth to this? did the story make it to romania?
davout: romanians were immediately blamed for it and all the newspapers mentioned that horses were recently forbidden on the romanian roads, leading to lots of horses ending up in industrial lasagna
mircea_popescu: o ya ? this reminds me of the case where lots of women were shocked to hear their french boobie inplants contained some sort of piss instead of gel.
davout: we recently had this thing in france where everybody was shocked to learn that lots of the lasagna you'd buy in the store contained horse meat instead of beef
davout: what does that mean "she got a paste" ?
mircea_popescu: but anyway : if you didn't buttfuck frogs all day you wouldn't be infertile to begin with.
davout: yea, that works too, but it's usually daddy that pushes it
davout: aknap3: there's actually a story like that these days in the french news
aknap3: davout: more likely send you their neighbor's kid
davout: i like romanians, they'll sell you their kid if you're infertile and can't be fucked to jump through the adoption bureaucratic hoops
mircea_popescu: i like french people. they're cultured and make obscure puns feasible.
davout: jimmy2k: we're reopening, optimistic timeframe is mid july, pessimistic is beginning of september
davout: since you now have to handle revocation as well
mircea_popescu: a very simple design is usually safer than an apparenlty safer but more complex design
jimmy2k: davout, is there any more precise information for the relaunch of bitcoin-central ?
davout: ugh, i guess it introduces more problems than it actually solves
davout: but i guess if you compromise a subkey you still have a few options to do nasty things anyway
davout: i was imagining something around the lines of "register your master key, any subkey signed by the master key counts as the master key itself"
mircea_popescu: as the subkeys are now the target.
mircea_popescu: but if you don't use tghe master key it doesn't matter if it's jhard to compromise