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928200+ entries in 0.661s
MJR__: ah, so you think that the fact I know the name "Mircea Popescu" makes me feel safe?
mircea_popescu: and then are never heard from again
mircea_popescu: there's this post the girl keeps linking the noobs to.
mircea_popescu: "torbroker" is a throwaway forum account.
mircea_popescu: but tux is a name.
MJR__: if everyone assumed that tux or you would definitely run off with money...
mircea_popescu: not unless the guy's name actually is Tor.
MJR__: but if everyone had that mentality there's be no gox or mpex...
mircea_popescu: basically they'll take btc and the day net outflow > net inflow they're gone.
MJR__: and it seems reasonably certain that they are one of the operators of a minor BTC exchange
MJR__: think they have a Cayman Islands brokerage account
MJR__: and tor broker holds your position for you
MJR__: I agree totally, and although credit and debt will creep into bitcoin more, I think that doing something 100:1 in BTC will seem ridiculous for a long term strategy
gribble: There are currently 3658.0807 bitcoins demanded at or over 150.0 USD, worth 554865.745375 USD in total. | Data vintage: 0.0104 seconds
mircea_popescu: well whether you have to or not, it still makes you vulnerable
MJR__: mircea_popescu: don't you have to do that when you are leveraged at such a high rate?
mircea_popescu: the entire economy is run on the jsut in time model.
thestringpuller: Just in time compilation?
mircea_popescu: i wonder how many people realise just what a formbidable threat to stability and ultimately survival JIT is for the US.
MJR__: By declaring bitcoin illegal because bitcoins provide a way to avoid taxes the government is saying that bitcoin is a great way to avoid paying taxes. It works at transmitting and saving money anonymously. What an endorsement. "Bitcoin works so please don't use it."
mircea_popescu: prolly you thought only old people can have black cock
MJR__: it must be all that "damn kids get off my lawn"
thestringpuller: you had me thinking you were like 60
MJR__: lol I thought he was
thestringpuller: mircea_popescu: you really don't look that old in your pictures...
mod6: i had half a mind to troll that tweet
MJR__: I retweeted that this morning
mircea_popescu: if anyone wants to put that tweet on the chart timeline...
gribble: Next difficulty estimate | 8796662.53748 based on data since last change | 8366350.18727 based on data for last three days
MJR__: opposite of weekend dip now, interesting trend shift
MJR__: low volume..."rally" is impatient people who don't want to wait till Monday for some depth
gribble: BTCUSD ticker | Best bid: 160.01002, Best ask: 161.00000, Bid-ask spread: 0.98998, Last trade: 161.00000, 24 hour volume: 40447.90337002, 24 hour low: 142.01000, 24 hour high: 162.90000, 24 hour vwap: 149.81158
jurov: = free time
thestringpuller: don't you have some test cases to run?
mod6: but then i guess there's this that says: On September 14, 2012, Egan-Jones cut its rating a third time from AA to AA-, the lowest of what is considered "high grade", as a reaction to QE3.
mod6: its like AA+ now i think
thestringpuller: I thought the US was C-
mircea_popescu: the US would be C- if they were actually rating.
mircea_popescu: and the only way this works.
mircea_popescu: exactly. that's precisely what it is.
thestringpuller: WoT will be more like WEBS of Trust since what matters is "who you trust" in conjunction with "who they trust"
mircea_popescu: we have the wot system, it works just fine, why centralise ?
mircea_popescu: there's nobody with the intellectual ability to do such a thing.
thestringpuller: that is it would have to be established in conjunction with a pillar already in existence
thestringpuller: mircea_popescu: it seems you are opposed to a ratings agency for BTC
mircea_popescu: meanwhile irl : "Blockbuster Lawsuit: Whistleblower Alleges Reuters Releases Data Early to HFT Clients"
thestringpuller: " talk is cheap, anyone can say anything. " "What you say are just words, what matters is what you do"
MJR__: first off, we have no idea who is running this yet...right?
thestringpuller: all time highs
gribble: BTCUSD ticker | Best bid: 161.60000, Best ask: 162.00000, Bid-ask spread: 0.40000, Last trade: 162.00000, 24 hour volume: 38378.01921193, 24 hour low: 142.01000, 24 hour high: 159.67001, 24 hour vwap: 149.13329
gribble: MtGox lag is 75.580385 seconds. During this time, light travels 0.1514622453 AU. You could have sent a bitcoin ten times between Jupiter and Callisto (0.12567 AU).
mircea_popescu: pretty much all boils down to the same thing.
mircea_popescu: well ya. so random noob showing up on forum and proposing to "advise your wealth" or to "pls halp me r spanish mother of two" or to "supersikrit tor broker of irl securities"
MJR__: obviously it's based on trust
gribble: WARNING: Currently not authenticated. User jurov, rated since Fri Jan 20 16:16:32 2012. Cumulative rating 14, from 16 total ratings. Received ratings: 15 positive, 1 negative. Sent ratings: 10 positive, 1 negative. Details: http://bitcoin-otc.com/viewratingdetail.php?nick=jurov
MJR__: I meant that afaik mpex sees your account (gpg key)
jurov: MJR__: you can push to escrow and show receipt
mircea_popescu: there's a process to obtain a bitcoin financial license.
MJR__: well, they have asked to put 1000btc into a trust that shows they have backing
mircea_popescu: and this torbroker scam is not present here.
mircea_popescu: in that coinbr is run by a known and trusted member
MJR__: hence brokerage...similar to coinbr
mircea_popescu: so escrow is a nonstarter there.
mircea_popescu: and once you do, they can just go and testify.
jurov: mircea_popescu ah yes that's a point. it's hard to do irl without revealing identity to escrow
jurov: gesell no, the ask side is very weak
mircea_popescu: well that's because escrow could verify that a push was made.
gesell: reeeally? as if bank transfers all game in on the weekend?
jurov: mircea_popescu: not only escrow is the difference. if such scheme was done for mpex stocks, there isn't that legal liability
gribble: BTCUSD ticker | Best bid: 160.00000, Best ask: 161.00000, Bid-ask spread: 1.00000, Last trade: 160.00000, 24 hour volume: 38378.01921193, 24 hour low: 142.01000, 24 hour high: 159.67001, 24 hour vwap: 149.13329
gribble: BTCUSD ticker | Best bid: 159.99010, Best ask: 160.00000, Bid-ask spread: 0.00990, Last trade: 160.00000, 24 hour volume: 38378.01921193, 24 hour low: 142.01000, 24 hour high: 159.67001, 24 hour vwap: 149.13329
cccjd: Anyone wanna trade BTC-E to PayPal
gesell: mircea_popescu: thanks. will look deaper
mircea_popescu: MJR__ the issue are not the parties themselves, but the escrow. that's the leak here.
mircea_popescu: ask him, he'll tell you
mircea_popescu: gesell the script he;'s running is public.
gribble: BTCUSD ticker | Best bid: 159.98500, Best ask: 160.00000, Bid-ask spread: 0.01500, Last trade: 160.00000, 24 hour volume: 38378.01921193, 24 hour low: 142.01000, 24 hour high: 159.67001, 24 hour vwap: 149.13329
gesell: i mean the new files for bitcoin-qt (the fact that the full old chain isnt there anymore)
gesell: question, I would like to replicate some of dooglus work on monitoring Sdice... are the BitcoinArmory scripts updated to work with the new chain structure ?
jurov: MJR__: but the irl stock have to be on some irl account, not somewhere anonymously in the air
MJR__: just anon to the market outside those two parties
MJR__: I don't think it had to be anon to the parties involved
MJR__: two humans talking, same thing
MJR__: guess it comes down to how broad you want to paint the strokes
MJR__: one asking for money to be sent the other isn't
mircea_popescu: which makes both the exact same thing, sobletters on the interwebs.
mircea_popescu: and without viable escrow, the deal simply is, "i ar anon, send monyz plz thx"
mircea_popescu: if it is anon then he can't verify. end of story.
mircea_popescu: there's nothing he can do. if he has a means to actually verify tx then it's not anon.
mircea_popescu: let's play this out cause apparently it's hard. A has 100 AAPL. B has 100 BTC. X is escrow.
MJR__: but don't have all the details, long story short, a guy giving away advice for free and a black market for wall st are not related in any way
gribble: BTCUSD ticker | Best bid: 159.00001, Best ask: 159.06500, Bid-ask spread: 0.06499, Last trade: 159.06500, 24 hour volume: 38316.07677332, 24 hour low: 142.01000, 24 hour high: 159.50000, 24 hour vwap: 149.08608
MJR__: I was saying that stock is directly transferred
mircea_popescu: lol thestringpuller
mircea_popescu: how does escrow know who to release to ?
mircea_popescu: but escrow must be able to verify transaction dood.
MJR__: SR can confess to your escrow
MJR__: I believe that's the point of tor...
mircea_popescu: and then escrow confesses and you get charged.
MJR__: I can send my stock to whatever account I want iirc