938500+ entries in 0.682s
KRS1: why
tell you so i can be another douche
dub: pray
tell what is your preffered *nix KRS1?
KRS1: lol sounds like someone didnt ever grow out of
their
training OS
dub: unless
they are freebsd douches who will always remain so
Diablo-D3: if
that happens, I
think I may jump
to alpine =/
Diablo-D3: although I dont like how
they're discussing moving
to systemd
dub: debian is good for when you want
to actually use linux and not just be a douche
KRS1: glad
to hear
that..one less linux distro
KRS1: i never understood
the need for ubuntu *cough debian* anyway..
Diablo-D3: people sometimes just refuse
to learn
Diablo-D3: Im just going
to stand back and let
the whole
thing collapse, really
dub: I've been banned from -mining for >6 months for suggesting
their shipping schedule may not be accurate
iz: i parsed "bitfinsex" incorrectly when scanning
this scrollback..
MJR_: huh,
they are really ending ubuntu?
jurov: but whole coinbr is bigger
that bitfinsex by a healthy margin
Diablo-D3: yeah,
they wanna focus on being a hardware… whatever it is
they
think
they're doing
Azelphur: I didn't hear
this,
this makes me sad, especially as I'm currently wearing my Ubuntu
tshirt
Diablo-D3: Azelphur: I heard
they're ending
the ubuntu distro sometime in
the next year or
two
Azelphur: wow, I
think Diablo-D3 is a shill for Ubuntu
Diablo-D3: wow, I
think gmaxwell is a shill for bfl
MJR_: fixlib seems
to be broken somehow
MJR_: its a grey area...investment pools have different regulations from something offered
to
the public or qualified invvestors
Bugpowder__: I don't
think I can legally offer investments outside of
that group
MJR_: he offered smickles a bet
that was without escrow
two years from now
MJR_: the most annoying people in
the world don't practice what
they preach
jurov: yes, only if he could be baited
to short... but no
Bugpowder__: It's almost
time for a ponzi chart update.
MJR_: srsly, for someone who hangs out in btc forums...he is constantly going on about how bad of an investment
they are
MJR_: tiberiusiv: i
think we are all adults and know what we are doing
jborkl: World economy over $70
trilliion
Bugpowder__: now
these forces may be correlated
to a macro sentiment shift
Bugpowder__: I
think other forces are driving BTCUSD here
jurov: nice, so you've got
two data point?
jurov: yes but you reason
that
the correlation is caused bby credit contractions and us
treasury bonds
jborkl: oyu
think - sp500 and bitcon price are related
Bugpowder__: tiberiusiv:
the problem I have is
that half of what you are saying makes perfect sense, but
the other half is
taking
things quite a bit past what I consider reasonable
jurov: they will use all fiat and other assets
to do so , not btc
jurov: well, whole notion
that ppl will sell en masse btc
to buy us
tresury bonds seems utterly ridiculous
jborkl: how many Bitcoins do you have Jurov- seem
to doing ok I
think
jborkl: well, if I need my btcoins next week I will worry about it
then
gribble: There are currently 36649783 bitcoins demanded at or over 0.0 USD, worth 9609689.18993 USD in
total. | Data vintage: 0.0173 seconds
jborkl: I am not concerned with price movement now, I got in - if it goes back
to 30 or 40 w/e
jurov: you imply
they will
Bugpowder__: anyway. Nobody cares
that cyprus just said 80% haircut over 100k now?
jurov: tiberiusic, so you really
think ppl will start selling btc and buying US
treasury bonds anytime???
Bugpowder__: it is an implausible reserve currency,
that gains a little more
traction each day.
Bugpowder__: I really
think
that BTC is not being driven by macro liquidity right now, but speculative fever and capital flight
jborkl: so, peoople are going
to sell bitcoins
to convert
to $
to pay bills?
jborkl: can not rise, because interest rates would go up-
then
they can't pay
the bills- already in a death spiral
Bugpowder__: gov will run up
the debt until market forces
them not
to
Namworld: Who needs
taxes when you can print money?
Bugpowder__: the market says
Treasuries are safe relative all
the other shit out
there
gribble: BTCUSD
ticker | Best bid: 78.49000, Best ask: 78.49001, Bid-ask spread: 0.00001, Last
trade: 78.49001, 24 hour volume: 61542.22530806, 24 hour low: 73.11000, 24 hour high: 79.72001, 24 hour vwap: 76.94045
gribble: Next difficulty estimate | 6940247.63172 based on data since last change | 7288653.72639 based on data for last
three days
Diablo-D3: tiberiusiv refuses
to read
the constitution
ThickAsThieves: when i dont understand whats going on i have
to
turn him back on
Diablo-D3: ThickAsThieves: you ignored
tiberiusiv?
ThickAsThieves: worst
thing about putting someone on ignore is when no one else does
Bugpowder__: "21.19 Cyprus Finance Minister Michael Sarris has said uninsured Laika depositors could face an 80pc haircut, and might have
to wait up
to seven years for a payout."
Diablo-D3: the
two largest bond rater agencies are afraid of lowering
the US credit rating
Diablo-D3: the federal reserve does not have authorization from
the US Federal government
to print money
Diablo-D3: the 5 largest banks
tell him
to keep printing money illegally
Diablo-D3: tiberiusiv: no, if he doesn't do what hes
told by
the federal reserve board he is fired and replaced
Diablo-D3: (which also happen
to be
the 5 largest banks in
the US)
Diablo-D3: bernake reports
to
the 5 largest banks in
the world
jborkl: so,
they don't give a shit
jborkl: they can't stop , or
the bond
traders don't get paid $20 mil for
the year
jurov: "Credit contractions are attempts
to minimize or limit
the amount of credit
that is currently available
to consumers." <<< but it's NOT possible anymore
Diablo-D3: [05:48:50] <tiberiusiv> bernanke can only create dollars as long as
the
treasury market lets him.
TheSeven: this channel is
tripping my spam protection bot's flooding
threshold :P
Diablo-D3: [05:48:50] <tiberiusiv> bernanke can only create dollars as long as
the
treasury market lets him.
Diablo-D3: the federal reserve is NOT part of
the
treasury
Diablo-D3: he does NOT report
to
the
treasury
Diablo-D3: no one cares about
the dollar anymore
jurov: ELI5 what is
the credit contraction you're esposuing
jborkl: add more 0'z
to world debt
jurov: but how will credit contract? all
these bad mortgages will magically get repaid?
jborkl: pointless argument, deflactionary currency compared
to static supply