931000+ entries in 0.671s
sturles: It will help against
the lag, yes, but at
the same
time make MtGox less attractive
to use. Less volume, less revenye.
They will have
to find a balance.
mircea_popescu: they're already
trying
to copy
the mpex broker model, but
they're doing it stupidly/half bakedly
taub: yea, but
that isn't
the problem yet i
think,
they aren't nearly at capacity from a hw standpoint
sturles: But I don't
think
that would help much.
sturles: Yep,
they could close
their API and make people pay
to be allowed
to connect.
mircea_popescu: what, you
think
the romanian stock exchange runs on software developped by romania's central bank governor ?
taub: something
that sucks less
than mtgox is easy
tho
mircea_popescu: sturles you get a license.
there's corps specialising in
this.
mircea_popescu: taub in fairness pretty much everyone involved with bitcoin has had a huge
task just dropped on
their lap.
sturles: mircea_popescu: A good
trading platform isn't something you can go out and buy.
taub: just shows again how fucking uneducated
they are
taub: yes, love
the fact
that you bash him for
that
taub: However,
there are many who will
try
to
take advantage of
the system.
The past few days were a reminder of
this sad
truth.
mircea_popescu: before htey couldn't afford
that, so i get it. but now
the yhave
the money
to pay for it,
taub: love
that article btw
sturles: It has been completely rewritten since
then.
sturles: taub:
The first version by Jeb was based on a card
trading exchange he wrote, yes.
sturles: A 100 Gbps DDoS isn't easy
to handle for anyone. Reminds me of
the Coudflare attack where
the attackers went for
their upstream providers and kicked out a few national IXes. I
think
that one was 40 Gbps.
taub: was mtgox really a
trading card exchange? i
thought it was a rumor
sturles: If you know hoe
to fix
their problems, you should create a better exchange.
sturles: I've
tried many. MtGox is
the fastest by far under normal circumstances, and
the only one able
to handle
this volume.
error4733: no more exit for S.dice ! Good luck
to all holders
assbot: Last
trade for S.DICE on MPEX was at 0.0033333 BTC [+]
assbot: Last
trade for VTX on HAVELOCK was at 0.4 BTC [-]
gribble: BTCUSD
ticker | Best bid: 132.00001, Best ask: 132.48000, Bid-ask spread: 0.47999, Last
trade: 132.48000, 24 hour volume: 136079.90017269, 24 hour low: 110.00000, 24 hour high: 147.00000, 24 hour vwap: 128.37137
taub: but
taht
this is still being ignored
tells a lot about
the community
taub: im not gonna cash out cuz im not a scumbag
tho
taub: i doubled my cash couple
times more in btc24
taub: i'm moving
to bitfloor
mircea_popescu: no, im
taking
the
time
to blow
this
to bits,
they're
too stupid
to live at
this point.
toffoo: best part is apparently mtgox's official new communications platform is
their Facebook page
bgupta: if he
thinks noone made money
today he is an idiot
jurov: from
that mtgox announcement you linked
gribble: BTCUSD
ticker | Best bid: 131.14373, Best ask: 131.16321, Bid-ask spread: 0.01948, Last
trade: 130.00000, 24 hour volume: 142825.56797466, 24 hour low: 110.00000, 24 hour high: 147.00000, 24 hour vwap: 128.99877
jurov: bitcoin designed
to have its value increase over
time... some outrageous memepic needed here
jurov: "I understand
that many of you have a lot at stake here, but remember
that Bitcoin, despite being designed
to have its value increase over
time, will always be
the victim of people
trying
to abuse
the system, or even
the value of Bitcoin decreasing occasionally."
mircea_popescu: secret ruling. ruling is precedent and precedent is law. ignorance of
the law is no defense.
mircea_popescu: "In a bid
to avoid revealing
the details of a secret ruling on domestic surveillance,
the White House has warned a federal judge
that making
the decision public could do “exceptionally grave and serious damage
to
the national security” of
the country."
mircea_popescu: this is like one of
those when serial killer goes on
to
testify and
tells
the judge all
those people were conspiring
to kill him so he was perfectly justified
toffoo: what's
the format of
those quotes? low / something? / high ?
bgupta: they paid for something ike 100 wafers from
this weeks div
bgupta: well it's just back up
to where it almost was yesterday..
there was a minor selloff earlier
toffoo: i
think
that's just an uptick from
the selloff
toffoo: not really, divie was lowest ever
this week
gribble: There are currently 11888.865 bitcoins offered at or under 147.0 USD, worth 1685894.41434 USD in
total. | Data vintage: 0.0018 seconds
mod6: Yeah, I
think
that people just want
to do
their duty and do it well (whatever
that means) and get
the approval or reward
they deserve.
mircea_popescu: it's really
the story of slaves who can't find masters because
they don't know
they need
them.
mircea_popescu: all
this angst and loneliness and rest of
the bs
they keep making sitcoms about...
mod6: It's hard
to have competiton if everyone is supposed
to be
the same; however it also seems
to manifest entitlement issues for sure. Nothing is equal, and never has been, but
they say it is.
mod6: Yeah over
the last 25 years, at least over here, much of
the social dogma is about how everyone is equal and must be
treated as such.
mircea_popescu: <mod6>
They want him
to
take his proper place as lord, and
the peasants want
to serve him in
that way. << you know, people do.
[\\\]: I
think copumpkin reserved
that
mod6: (21:34) < [\\\]> note
to self, always go mudding with
the windows open << yea! i heard darwin got
these ding-dongs
mod6: Always fascinating
to compare and contrast
the past with
the present.
mod6: I'm pretty
tired i guess :/
mod6: Not sure why i bring
that up.
mod6: They want him
to
take his proper place as lord, and
the peasants want
to serve him in
that way.
mod6: And he feels bad about
this in some fashion, so he
takes it upon himself
to join
them in
their daily labor in
the fields, etc. And
they actually resent him for it.
mod6: but it followed
the book pretty close. Anyway, its interesting how
the classes were so seperated. Like
the character Konstantin Levin has all of
these pesants
that he litereally owns, as slaves.
gribble: BTCUSD
ticker | Best bid: 129.00000, Best ask: 129.84754, Bid-ask spread: 0.84754, Last
trade: 129.84754, 24 hour volume: 156282.00223296, 24 hour low: 110.00000, 24 hour high: 147.00000, 24 hour vwap: 128.88957
mod6: So I read
this book Anna Karenina a few years back and I recently saw
the movie with Jude Law and whomever..
the new one.
mod6: those sites go up and down more
than a las vegas hooker
mod6: just give me a hammer and a sicle and
tell me where
to work and how
to spend my money at
the general store.
mod6: It's a short cut
to
thinking.
mod6: I
think people just want
to be
told what
to do.
mod6: I better get off
this soapbox .. lol
mod6: What self-respecting dude would ever let some spinless
twit make
the rules for him?
mod6: It's probably
the furthest
thing from
the
truth.
mod6: People over here are pretty convinced
that if
the government went away
the sky would fall.
mod6: back in
the day a guy would have a career for his life and
then when asked or when he "felt
the call of duty" would go into politics. More likely because at
that level
they can
take even bigger amts of cash from lobbiests.
mod6: yeah, certainly low ability
to be a bread-winner or entrepreneur -- so just go into gov and get a cushy handout
mod6: mircea_popescu: it used
to be
that people didn't go into government service (unless .mil) until
they were pretty successful in
the private sector. Not any longer, its like people get out of school and
they want
to go right into government. What gives?
mod6: [\\\]: "I'm just glad your mother didn't live
to see you become a mermaid." "MERMAN... MERMAN!!"
mircea_popescu: of course msm would like
to make it so it's
the other way around.
mircea_popescu: the problem with
this is
that being a govt official IS immoral,
mircea_popescu: The new BVI data, by contrast, contains more
than 200 gigabytes
mircea_popescu: The whistleblowing group WikiLeaks caused a storm of controversy in 2010 when it was able
to download almost
two gigabytes of leaked US military and diplomatic files.
mod6: when I worked nights at walmart in
tucson you see it all i
tell you
mircea_popescu: contrary
to what people of walmart may lead you
to believe,
mircea_popescu: 1. pretty much all bartenders are fuckable chicks ; 2.
they buy me drinks like it's
their bar and i'm
their bro.
mod6: i never spent
too much
time
there. drove across it once
though. fast.
mod6: ya, arizona still pretty much kicks ass
tho
mircea_popescu: Adam Posen @AdamPosen (President, Peterson Institute for International Economics; member Bank of England MPC 2009-12; advises central banks & governments; proclaiming on policy daily) : #gold is
the investment for silly people. #bitcoin is gold for people who don't save. Please make it go away. pic.twitter.com/UdbbxCiNXD