log☇︎
954600+ entries in 0.682s
mod6: its like punching myself in the dick
mod6: yeah, wow. im blown away by some of this. how did I not zero in on these things?
BingoBongo: WordPress and a watch only wallet powered by ArmoryD is probably how I'd write a bitcoin site if I had to.
mod6: na, gotta be able to pick the right tool for the job... but that doesn't always mean that the guy will make the best choice
mircea_popescu: maybe it's a bad idea for coders to be allowed to chose their language.
mircea_popescu: ruby on rails. java. what the fuck.
mircea_popescu: BingoBongo ya srsly. why the fuck do these people make these choices.
mircea_popescu: they who have anything to lose are, of course, the miners. so a system where miners vote somehow on standard block size may be a replacement, maybe.
mircea_popescu: ie, "let they who have anything to lose decide where it should be"
mircea_popescu: now, the only way to change something like that is the way gavin proposed it
mod6: right, so yeah, they wrote it in, no going back.
BingoBongo: mircea_popescu it still follows many of the arbitrary limits (because bitcoind), but the code organization is much better. Kind of sad because well, Java.
mircea_popescu: as stupid as that may turn out to be, it's still in the fucking contract
mircea_popescu: if i get married to you on the understanding that you always wear red underwear
mircea_popescu: mod6 the problem here tho is that bitcoin as it is is bitcoin as it is.
mod6: i have been hit in the head a lot :S
mod6: oh... it seems to me that if 1 billion people send 1 satoshi in 5 years, it could be a 10gb block... who cares, process it
mircea_popescu: mod6 well, that's moot. there was one to begin with.
mod6: do you believe there should be a block size limit at all?
mircea_popescu: im starting to think one or several idiots can't code
mircea_popescu: recently i discovered the way bitcoind works is all quirky and based on assumptive limitations like that.
mircea_popescu: mod6 and you see, here's the problem :
Bowjob: 1 TB limit
mod6: mircea_popescu: yeah, that seems pretty strange to me now.
BingoBongo: mod6 I would bet my bet makes it in this next block...
mircea_popescu: i never understood how that 250k limit got to be there
mod6: but its a 250k limit so the joke's on me LOL
BitHub: its such a good word, i use it for slang all the time
mircea_popescu: do you suppose they meant tits ?
BitHub: and that's stopped you before?
mircea_popescu: nor do i think it has much future
mircea_popescu: well girded lol. that's a woman i'd like to meet.
mod6: cross your fingers and pray to dog
mircea_popescu: Dêmophôn, who was born to well-girded Metaneira
mircea_popescu: And thus it came to pass that the splendid son of bright-minded Keleos,
BitHub: so is mpex going to do its own gox? :D
mircea_popescu: in 2011 they had 80% hands down
mircea_popescu: they have been bleeding market share month by month by month. by now i wouldn't even bet they do a third.
BingoBongo: ANd that's the crucial difference from 2011
mircea_popescu: is that otc trade exploded,.
mircea_popescu: the thing is tho, the net result of mtgox's however we call it, incompetence, being stretched too thin
mircea_popescu: maybe they'll crop up.
BitHub: not good to depend just on mtgox?
BitHub: be nice is there was something just as big or popular as mtgox
mircea_popescu: moreover, there's some lessons being learned here. everyone wants to be more like mpex.
BingoBongo: Gox never really had the staff or skill to handle the low information customers
mircea_popescu: but then again that's unavoidable.
mircea_popescu: it's a win-win : the noobs get bragging rights (which they don't know how to use, but hey, youth), mtgox gets out of some stick.
mircea_popescu: after the french fiasco they certainly didn't feel the need for a replay, so.
mircea_popescu: it's how these things usually work.
BingoBongo: Coinlab probably though it was a bargain
mircea_popescu: quite ellegantly at that.
mircea_popescu: mtgox dispensed itself of the liabilitous us book
BingoBongo: BitHub I trust it will be smooth, but the newbs opions shape the shouting
mircea_popescu: BingoBongo i'm with pigeons on that score :
BingoBongo: I dunno yCombinator has all of that renting apartments out to methheads money Mircea, it was probably either bought, hyped, or humiliated. I don't think Gox was forced, but I say this with a low degree of confidence.
BitHub: i think you'll see a lil bump but gox should be okey :)
BitHub: they're are many peeps many working on ways for americans to get around coinlab into gox
BingoBongo: Ah, that's just my reading.
mircea_popescu: BingoBongo im not even sure they seriously want the #1 spot.
BingoBongo: The Coinlab buying Gox's USD book threatens Gox's sustainability angle
mod6: that's been a while now, longer than most of us
mircea_popescu: and the girl's been hammering the what ?!
mircea_popescu: i think the legit part came in a while ago.
BingoBongo: I mean the girl's been hammering the Gox is dead mantra and some noobs seem to be trusting her for a change. You might have survived the game long enough that people start to assume you're legit.
mircea_popescu: as long as it's the consensus it's as good as any other, for a service provider.
mircea_popescu: tho tbh... what diff would it make to anyone if its gox spot or oix or a random number coming out of a hat.
BingoBongo: Maybe Coinlab, You just debuted that OIX thing that kind of threatened to replace MT Gox spot... Though you presented it more modestly.
mircea_popescu: i dunno dood, god knows i'm well loved and i can't think of anyone or anything that'd have it in for me.
SpNg: mircea_popescu: seriously? wtf? you have a link to the post?
mircea_popescu: there's a forum post the girl made summing up everything
mircea_popescu: finally yest they got the proxies and everything.
BitHub: haha bingo, too true
mod6: im starting to think the same thing. like fast-times-at-btc-high.
BingoBongo: Bitcoin is a drama role playing game and it just so happens the tokens to play the game happen to be valued quite a bit. Like WoW gold.
SpNg: hey mircea_popescu I have been out of the loop the last couple days. What's going on with MPEx? I see that it's down right now.
BingoBongo: You're welcome. It's one of those World Baseball Classic penny bets, because apparently that didn't have enough chutzpah to attract much interest. I've had too much vodka tonight to mess with the python script so I don't know at this weight if I will clear anything, but fuck it. Bitcoin is an MMORPG and that's what I'm telling the 5-0
BingoBongo: http://blockchain.info/tx-index/59136614/289e2dc6ac2cd1f3e8d5ec126741b304caf1e16b3e746eadd0a402dbc9910870 because the Dutch ar fucking Cuba's shit up right now...
mod6: well, this one isn't too old, and it's got 19 confs: http://blockchain.info/tx/d8dac0508d27e922f957c893c896f6f887a7dc614c1aec1c89b27b943ff5be0f
BingoBongo: Investigating that now
mod6: are tx's going through though?
BingoBongo: I bet they might, BitCOin's just playmoney anyway
Bowjob: mhm anyone think bfl wont deliver by april?
jcpham: you would think, but...
BingoBongo: It's IRC this is public enough...
jcpham: now all we have to do is collude
jcpham: i think this entire chat would be insider trading somehow
jcpham: lots of info for SD investors to speculate on
mircea_popescu: forget having oppinions. just tap the kbd till it does it.
mircea_popescu: until the point that's the case none of you people have any business eating even.
mod6: yeah, torrents are uber fast
mircea_popescu: this means blockchain MUST be downloaded in 15 minutes tops.
mircea_popescu: simple illustrative point : i can pick a torrent worth 7gb right now, anything with less than 20 seeders
mod6: so you're gonna make your own client, that'll have your branch (exclusion of '1dice') in there native?
mircea_popescu: actually it may be the worst piece of crap ever used by this many people.
mircea_popescu: car that tried to argue with a tank.
mircea_popescu: rather than trying to argue with a tank.
mircea_popescu: the best thing you can do for adoption to scale right now is to fix the motherfucking client.
Luke-Jr: http://www.mail-archive.com/cryptography@metzdowd.com/msg09964.html <-- Satoshi on the necessity of adoption to scale
mircea_popescu: herpderp joe sixpack becomes a dev if you aggregate 5000 of them !?