log☇︎
929500+ entries in 0.701s
jurov: betting 4BTC at is the same result as 4 bets 1 btc each, all weights equal
deadweasel: 10:24:44 < thestringpuller> oink like the bittorrent tracker?
mircea_popescu: deadweasel 4. Use multiple bets to get more of the wiinings 'weight' << hiow;s that work ?
gribble: (asks [--over] <pricetarget>) -- Calculate the amount of bitcoins for sale at or under <pricetarget>. If '--over' option is given, find coins or at or over <pricetarget>.
mircea_popescu: bitcoink the bitc whatever
thestringpuller: oink like the bittorrent tracker?
mircea_popescu: he should use bitc and name the service oink
mircea_popescu: stop starting things.
mircea_popescu: joeykrim hey, still there ?
cads: jurov: you think the BTC devs would like that?
mircea_popescu: jurov ya that'll be the day.
cads: Such a system would be so easy to influence it would be ridiculous.
cads: the public _thinks_ its opinion matters, and that's what is important.
mircea_popescu: because what the public thinks matters.
cads: mircea_popescu: worse than that. They want judges to be voted on by a peer network. If the network doesn't like the judge's decision, they can vote another judge. The idea is that people found guilty of crimes will become universally shunned.
jurov: cads, truly fascinating ideas... but i propose to have btc code formally verified first
mircea_popescu: and of the "start-up" freakshow in general.
mircea_popescu: i'm so sick of this bullshit
mircea_popescu: cads the retards re-re-re-inventing a broken version of pgp
cads: It is a proposed complete identity database that will collect all available data on all humans. Get this. For the purpose of leading to a gift economy.
thestringpuller: how does that sound?
thestringpuller: mircea_popescu: Simona is at the bank, how do I say this phrase. what is is again, ce froumaousa esti?
cads: 'People do naughty things in private!' It's only barely dawning on us that privacy protects you from disgusting things.
thestringpuller: makes us all wanna move to romania
mircea_popescu: collectivist swamp you got going there.
mircea_popescu: cads it's an outrage tho.
cads: mircea_popescu: as long as american public doesn't know to invest in in policies and products that help identity management and security, shit like this will keep happening.
gribble: A market order to sell 200000 bitcoins right now would net 11368941.2316 USD and would take the last price down to 7.6000 USD, resulting in an average price of 56.8447 USD/BTC. | Data vintage: 11.6483 seconds
gribble: A market order to sell 100000 bitcoins right now would net 9458202.1355 USD and would take the last price down to 41.1000 USD, resulting in an average price of 94.5820 USD/BTC. | Data vintage: 0.0044 seconds
thestringpuller: ;;later tell smickle pm me when you get the chance
gribble: BTCUSD ticker | Best bid: 137.00000, Best ask: 137.19000, Bid-ask spread: 0.19000, Last trade: 137.00000, 24 hour volume: 60517.06080753, 24 hour low: 128.00100, 24 hour high: 139.89998, 24 hour vwap: 134.46786
gribble: smickles was last seen in #bitcoin-assets 22 hours, 30 minutes, and 47 seconds ago: <smickles> a bitcoin atm could be the easiest way to send money to a friend, each of you just goes to an atm
mircea_popescu: how long till someone makes an ipad app to pinpoint mentally retarded female students aged 12 to 14, not on their period, with big tits ?
mircea_popescu: otherwiswe would be too easy
eyes: thats what i figured but though i would check :D
mircea_popescu: doesn't matter. spec at the time of the bet being created counts.
cads: mircea_popescu: *shrug* I do this when I make a connection that turns a deep problem into a resource. You should have seen me years ago each time I realized some little math connection.
eyes: the spec on BFL has changed since the bet was made
mircea_popescu: eyes not really much precedent. what's unclear there ?
eyes: hey, anyone got any idea what the precedant is for bets where the conditions become unclear?
gribble: There are currently 35595.81 bitcoins demanded at or over 108.0 USD, worth 4409417.03238 USD in total. | Data vintage: 0.0056 seconds
MJR_: i'm seeing bullish sentiment...if you think GLD contracts expiring today struck at 151 are an indicator...those just doubled in value since the open
MJR_: but it points to certification is only as good as certifier
MJR_: kernel of truth
cads: if we turn out _only_ verified code, our reputation would rise quickly.
cads: The only part is the veracity of our code
mircea_popescu: MJR_ well obviously. kinda why those are there, to make that point.
MJR_: so the double cherry truck and slightly smoky dragon were a joke, but they actually could hold weight now
cads: mircea_popescu: when you realize that this approach takes Coq -> Haskell -> C code, then you see it's about putting Coq in Cunt. Simple. I know ten medium level programmers already dying to be doing this kind of work, even if it was near free.
MJR_: my point was that if someone has credibility (mpex) they can call their cert whatever they want, it will have value
mircea_popescu: what's the news on that btw ?
mircea_popescu: "Stay tuned for the first commercially available, fully formally verified microkernel."
MJR_: this could be the "slightly smoky dragon" certification that i have been asking for...
cads: this approach is essentially extensible to let us create almost anything needed. Bitcoin asic? Verified. LTC asic? verified. Bitcoin stock exchage?
mircea_popescu: a, no, if you read the article/comments it's agreed some standards will have to be arrived at/published
optimator: sure, but i want to provide insurance to a site. but I'll only insure if they meet some standard. How do you define the standard? individual for each site?
mircea_popescu: very light on actual anything. which mostly boils down to some penetration testing
mircea_popescu: but anyway. pci is pretty much marketing fluff. heavy on the blabla and three letter acronims, pompous definitions and posturing.
optimator: ah. the issue is pci is broke, not that an open sourced bitcoin security standard would fail
mircea_popescu: the idea is to succeed not to fail here.
mircea_popescu: about half the cards in the world are available to download on the black market.
mircea_popescu: let's go by example : the cc industry is pretty much all pci compliant
mircea_popescu: optimator i think that direction is pretty much diametrically opposed.
mircea_popescu: cads> mircea_popescu: do you have customers in mind for the code review adventure? << sure. pretty much any new service opening.
cads: I might see some champing at the bit :)
cads: throwing in the bone about coding an exchange, too
cads: mircea_popescu: thanks for that stimulating line of thought, I'm getting some positive feedback from my peers already.
optimator: I've thought about the insurance thing before. I think you'll end up developing pci-type standards and then measuring / certifying the company against those standards
cads: also, I know any number of people that play with the technology _for fun_, but much fewer who have names for themselves (and those guys tend to be happily employed)
cads: The issue I see with formal verification is so few people know to ask for it by name
cads: sex-employees cost too much!
cads: I'm thinking risk and externalities on the insurance derivative over this kind of service would be _far_ beyond my abilities to manage. However a code review would be quite lucrative and low risk. Also, it might be reasonable to begin offering formal verification services from the gate, or about 1 year after startup. It's not that hard to teach. When you have your own slaves.
cads: mircea_popescu: do you have customers in mind for the code review adventure?
MJR_: to judge the amount of "institutional" or "wall street" interest
MJR_: that would be a good metric to track...
MJR_: yes, that was my point, is that i think there is increasing volume of people accustomed to a 9:30 EST market opening
cads: I think I might have hit on an interesting idea
cads: "One major point which the original article neglects to mention is that this proposed business would be an excellent point of crystallization for true IT competence, drawing some actually qualified people in."
cads: mircea_popescu: http://trilema.com/2012/probably-the-hottest-business-idea-of-the-moment-in-btc/#comment-90935 "That’s a good point, if the codebase is small formal validation would probably be the way to go."
ChaangNoi: hell, who of them would not have heard about btc by now
ChaangNoi: i think a lot of this is fund traders doing it on the side
deadweasel: correlation, US got woke up or got to their desk.
MJR_: funny how the volume spiked at the same time as the ny market opened
mircea_popescu: fucking scum at the bottom of the bitcoin pond, these people.
mircea_popescu: how did the phishers get the emails ? coinbase leak ? a, we don't mention that.
mircea_popescu: the gall of these people.
MJR_: ah, someone talking about bitcoins linked to that, i thought it was very interesting
mircea_popescu: i recall reading that exact thing months ago
MJR_: "medium of exchange" is the most flexible part of money...
MJR_: mircea_popescu: this article is great
ChaangNoi: what is not normal? (other than japan)?
kakobrekla: things will be getting back to normal shortly.
mircea_popescu: japan isn't doing too well.
mircea_popescu: 2nd jgb halt today
cads: Things to learn. In time ;)
mircea_popescu: teh true master, beyond great and humble.
mircea_popescu: i suspect such a sense is moreover dangerous in that context.
cads: plenty of time to play in that regard when I am entirely more possessed of my own sense of greatness
cads: Yep, if it's not authentic the atmosphere suffers.
cads: mircea_popescu: very dark. That always seems like nothing more than a game to me. I think I'd have to develop the ownership mentality to be a really good master.