log☇︎
918800+ entries in 0.702s
Namworld: Yeah, I just mean, about the media, seems like they moved to the next thing.
mircea_popescu: actually, the evolution of paper gold vs rthe real article has been fascinating past week
asciilifeform: pretty much everything upon this earth that is worth back-dooring, has been back-doored (esp. in the good old U.S.A.)
asciilifeform: however it is the police (or hypothetical Gold Confiscators (TM) ) get in
mircea_popescu: asciilifeform im pretty sure it's impossible for bank manager to go into boxes.
asciilifeform: your hosting provider and bank manager might be saints, or they might not be.
mircea_popescu: seems pretty decent to me, 120.
asciilifeform: re: the defunct EC2 wallet: I'd advise anyone against telling his web host that he is hosting a wallet on the latter's disks. Or, for that matter, letting it be known that a certain bank deposit box has paper coldwallets in it.
gribble: BTCUSD ticker | Best bid: 121.00001, Best ask: 121.53998, Bid-ask spread: 0.53997, Last trade: 121.00001, 24 hour volume: 98052.49947353, 24 hour low: 110.00000, 24 hour high: 129.00000, 24 hour vwap: 120.94707
Namworld: No longer that interesting
Namworld: And with the peak and crash, now that it returned lower
Namworld: The news seem to be dying
Namworld: I'm not so sure about that
mircea_popescu: ya think ?!
asciilifeform: thestringpuller: people with old-fashioned money and connections bought in. This much is clear as daylight at this point.
kakobrekla: shit tyrone, get it together.
thestringpuller: MSM is presenting bitcoin in a much better light than it use to. It is being featured on WSJ, BBC, ft, CNN, CNBC, etc. These outfits are not known for featuring the real stories, or at least those that question the status quo. We constantly criticize the msm for its sycophantic propagandist reporting, but because they are featuring bitcoin we are cool with it.
mircea_popescu: the idea that "only dedicated for bitcoin" is a lot harder to push on a 1.5 dollar btc
thestringpuller: Something smells rotten in Denmark.The mean stream media (msm) seem to be hyping bitcoin lately and I can't figure why.
thestringpuller: MSM is presenting bitcoin in a much better light than it use to. It is being featured on WSJ, BBC, ft, CNN, CNBC, etc. These outfits are not known for featuring the real stories, or at least those that question the status quo. We constantly criticize the msm for its sycophantic propagandist reporting, but because they are featuring bitcoin we are cool with it.
thestringpuller: The mean stream media (msm) seem to be hyping bitcoin lately and I can't figure why.
mircea_popescu: dub at the time we were poor.
mircea_popescu: cjeck out the root, it's on the amusing side of lol.
dub: this is why I defended linode, erryone crying about linode security, nobody pointing finger at the tards running hot wallet on shared servers
asciilifeform: I don't really keep up with btcdrama in real time
mircea_popescu: asciilifeform you are aware this is a dead service right ?
asciilifeform: he even helpfully tells us that we need to exploit EC2/Ireland.
mircea_popescu: so he's holding btcs in there to encourage others to try and break into his amazon vm ?
asciilifeform: from that point, you can snoop/modify the customer VMs, for whatever purpose you like.
asciilifeform: sometimes, exploits are discovered that let you break out of a VM (like the onces on Amazon's EC2) and take over the physical hardware
mircea_popescu: spell that out for me
asciilifeform: mircea_popescu: this is really just a clever new way of promoting "VM escape exploit" research.
orkaa: mircea_popescu, i love the 'no internet access' server on ec2
dub: no when you offered reddit a bounty to hack it
mircea_popescu: https://www.bitlc.net/assets/system_infrastructure_full.jpg this makes so little sense it boggles my mind
dub: oh wait I did th empex will get hacked one too
kakobrekla: thats a twist
thestringpuller: or something like that
kakobrekla: rg suddenly has time to troll in -otc
thestringpuller: dub: were you the one who made the "Usagi ftw" bet?
mircea_popescu: so wtf was this bitlc thing in the end ?
gribble: Rating entry successful. Your rating for user dub has changed from 1 to 1.
dub: just enroll me in the next tranch of $MEME.Z
thestringpuller: ZigGap stands on top as the most trusted method for purchasing BTC, and plans to offer the widest array of methods to buy Bitcoin. <<< lol
kakobrekla: for the record.
kakobrekla: i called that one here.
mircea_popescu: thestringpuller anyway the deprived theory iirc was that the entire ipo was simply to float living expenses and that was all.
dub: stslimited: the moral is you are completely unknown and asking people to let you hold their irreversably transferred internet coins
thestringpuller: picture of popescu frowning: "I'm real tired of your shit"
mircea_popescu: the moral of the story being that the more of an asshole i am, the more inclined even the hardcorest trolls are to halp.
dub: or maybe I'm just trolling you guys be encouraging the latest scam
dub: sometimes I forget to troll
thestringpuller: Hahahaha. Since tonight it seems. :D
thestringpuller: stslimited: don't try to go from gangst to godfather in a night
dub: stslimited: 4) do your hft thing, you'll probably get some bites, be prepared to start small and 5) don't steal peoples shit
dub: stslimited: some guidelines for you: 1) stop trying to hype your deal here, anyone with coin has already tuned out 2) hype notwithstanding; obtain an IRC client, stay in this channel and contribute 3) show us your id, shit you have done before, show up IRL at bitcoiny things
thestringpuller: how come this is the first ANYONE in this channel has heard of you?
thestringpuller: So they had to shut down.
thestringpuller: Someone gamed them, using the chargebacks.
thestringpuller: I think they went bankrupt.
mircea_popescu: last i heard the website was donw and deprived was smelling blood.
dub: dunno, I wouldnt touch it with yours
mircea_popescu: dub how did the entire aethero thing play out btw ?
dub: aethero's wot is made up of all teh micro loan muppets
thestringpuller: Ziggap was ipo'ed by someone who has one of the highest WoT rating
dub: and for only noobs to throw money at it
dub: theres no real reason to try to persuade us
thestringpuller: Ziggap was in theory a competitor to Bitinstant, and it's IPO sold out in some like 3-5 hours
thestringpuller: Yes, but take a look at Ziggap.
thestringpuller: the WoT is for bitcoin millionaires to quote MPOE-PR, the very people who's coin you are trying to solicity
thestringpuller: there are millions upon millions of dollars done in trade in otc
thestringpuller: you are unwilling to educate yourself, and that is mircea_popescu's issue
mircea_popescu: kakobrekla aussie_striker's is better. go with the found.
thestringpuller: then you are added the graveyard of dead companies that keeps piling up
thestringpuller: even if not from directly trying to scam us, you maybe inept like many others before you
thestringpuller: Even if you have the best intentions, this world is ruthless.
thestringpuller: For the actuarially inclined, the total losses to theft, fraud and stupidity plus anything in between amount to 1.296 million BTC.
thestringpuller: stslimited: lets take a look at numbers
dub: stslimited: this is for the obvious reason that there is no way for anyone to recover bitcoins entrusted to you if you decide to be untrustworth
mircea_popescu: he has no fucking idea about anything whatsoever other than "o i saw this [uninformed] thing about bitcoin cause the price went up"
dub: stslimited: you really need to start small and earn it, there is no easy route
mircea_popescu: the problem i am discussing is ignorance. this fuckwit proceeds to not even bother researching the field before "building" nonsense.
dub: stslimited: there probably is one, and certianly many operating in private, the problem as mircea_popescu is trying to elloquate is trust
mircea_popescu: pesky zh how dare they
gribble: BitCoin Drama Continues After Hours | Zero Hedge: <http://www.zerohedge.com/news/2013-04-10/bitcoin-drama-continues-after-hours>; The Bitcoin Drama Timeline pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2012/the-bitcoin-drama-timeline/>; bitcoin posts on CNET - Cnet TV: <http://cnettv.cnet.com/8300-5_53-0.html?keyword=bitcoin>
mircea_popescu: ;;google bitcoin drama timeline post i had
mircea_popescu: ok i gotta try this
thestringpuller: mircea_popescu: what is that bitcoin drama timeline post you had?
mircea_popescu: dub i thought you were with the tl;dr program
dub: thestringpuller: just because every hft/etf in bitcoin to date has been a thinly disguised robbery don't mean this guy aint legit
thestringpuller: (Web of Trust)
thestringpuller: WoT so to speak
thestringpuller: how can I even trust you?
thestringpuller: And even I am in the OTC
stslimited: why do you feel that an algorithmic trading fund is not structured as correctly as the mining share companies
stslimited: oh, the number of shares was in bitcoins
mircea_popescu: doth not work, this.
mircea_popescu: i mean asicminer trades 6k btc in a month on btct herpderp here's guy with a 20k btc plan.
stslimited: woop de doo thats never happened on the internet
stslimited: I mean, harr harr senior member of an incrowd picks on new user in their own channel