log☇︎
954800+ entries in 0.693s
BitHub: i got so angry i sold over 1000 sdice shares for whatever the fuck price, something cheap and nasty
Diablo-D3: bitcoin will just shove SD tx out because they don't pay fees
jcpham: what happens to SD if pools or full nodes implement that patch
jcpham: assume we're close to the point of full node/ merkle nodes
jcpham: only need to have one node on the network and the rest of the LAN connects with
jcpham: network grows beyond a certain point, it would be left more and more to
jcpham: At first, most users would run network nodes, but as the
jcpham: the "SD is spam" idea has traction
mod6: buying time
mod6: if they move up to 1Mb that buys them some time, but isn't any different then what the global central banks are doing
BingoBongo: Btc is only fucked in the sense it is having fun getting its dick wet
mod6: today has been insane even outside of btc today, hard to keep up
mod6: yeah, read about that shit earlier...
BingoBongo: I blame bitvisitor. At least some SD transactions carry appreciable amunts of bitcoins.
jcpham: and then some say the devs should all hold hands and increase it
jcpham: luke-jr and others primarily blame this on SD
jcpham: in some cases they are backing up because of the 250kb block limit
mod6: so tx's are not being processed at all?
BitHub: so you mean just a mining farm just for SD transactions?
BitHub: slap a toll in there
jcpham: that's why i pay a fee on my txns, because i want them to go through
topace_: how goes the mpex upgrades/"overhaul" ?
jcpham: if SD wants its blocks mined it needs to pay a toll
jcpham: i'm not sure how though
jcpham: a problem i think miners should capitalize on
jcpham: if txns aren't going through that's a problem
mircea_popescu: guess that makes me successfull troll 10/10
mod6: oh no troll then
mod6: ahh, successfull troll 9/10
BitHub: i didn't care before till i had to start waiting hours and hours and hours for 1 confirm
mircea_popescu: lol he's trolling.
mod6: (20:09) < BitHub> DEATH TO SD
BitHub: i had to sit a cafe for 6 hours just to wait for 1 confirm
mircea_popescu: but when my banker has to tell me he failed because the wire system is down...
mircea_popescu: i mean, bitcoin transactions taking 6 hours ? okay. its some internet funny money nobody heard about.
mircea_popescu: what the fuck are these people doing over there.
mircea_popescu: turns out... the... wire...system... is... down.
mircea_popescu: call the bank ready to bite their head off for being idiots
BitHub: where the bloody hell are ya
BingoBongo: William James, one of maybe three Americans introspective enough about the pecuiar brand of manic misery here to approach a reasonble target for a philosopher
BitHub: mircea coming to australia this weekend?
BingoBongo: mircea_popescu it isn't that unlike James
mircea_popescu: uand on a des plaisirs un peu répétés, on peut dans cet espace de tems se dire heureux ; quand ce bonheur dure un peu plus, c'est un état de félicité ; on est quelquefois bien loin d'être heureux dans la prospérité, comme un malade dégoûté ne mange rien d'un grand festin préparé pour lui.
BitHub: almost time for teh weekend
mircea_popescu: you don't have to translate it
BingoBongo: Rubeta: a poison derived from the juice of a frog. Juvenal wrote of a lady who mingled this kind of poison in wine and presented it to her husband
mircea_popescu: im willing to go on a limb and say you'll get my point
Diablo-D3: through in 5000 IU of vitamin D daily, and you'll probably add another ten years to your life
BingoBongo: Leukemia is easy to treat too. Eat a bunch of methotrexate and live.
Diablo-D3: not only does it cure pimples, it cures and lessens lots of other things
BingoBongo: My french isn't good enough to make an informed opinion on Diderot's
Diablo-D3: take high doses of omega 6 for the rest of your life.
Diablo-D3: modern medicine refuses to accept the treatment because they can't charge obscene amounts of money for it
Diablo-D3: pimples is very easy to treat
mircea_popescu: you know, back 300 years ago when the encyclopedists came up with the first one, it was a monument of erudition
mircea_popescu: im just quoting from the retardopedia.
BingoBongo: You know medicine is fucked when leukemia is easier to treat than pimples.
mircea_popescu: even at the store.
mircea_popescu: "Pimples can be treated by various acne medications prescribed by a dermatologist, or purchased at a drug store with a wide variety of treatments."
gribble: BTCUSD ticker | Best bid: 42.62827, Best ask: 42.79000, Bid-ask spread: 0.16173, Last trade: 42.80000, 24 hour volume: 104745.97636275, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.61786
dub: novels are being written to explain how fees work to a novice
Namworld: What's happening in there?
mircea_popescu: where ofcourse blabla is the pastebin id
mircea_popescu: Namworld you'll be able to go something like #post blabla and the bot will answer with an url to a pastebin with your response.
mircea_popescu: reddddd there's nothing better than irc.
reddddd: CoinBr also seems to have a twitter account that could have used an update. There are so many better ways to let customers know what the hell is going on than just IRC.
dub: you can get to coinbr?
reddddd: @CoinBr What's the point of having a support forum if you're not going to use it more major stuff like this?
Namworld: I'm curious about that now.
mircea_popescu: anyweay, the first irc bot should be around in a few hours i think
Namworld: Can take twice or half the time or more.
gribble: BTCUSD ticker | Best bid: 41.80100, Best ask: 41.98351, Bid-ask spread: 0.18251, Last trade: 41.91771, 24 hour volume: 109127.80902302, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.65552
Namworld: Honestly, with upgrades, it's always hard to estimate.
dub: in the earliest TZ anyway
dub: its actually 3pm on teh 8th
mircea_popescu: a bit later than 1am
mircea_popescu: well... it's like 4am on the 8th so.
dub: he said the 8th
Namworld: MPEx is a bit late on schedule for the upgrades
dub: Chilca: sounds like it is ongoing but mpex has now been taken offline for upgrades
Bugpowder: I will tell u skilled
Namworld: I bet after it all settles, people who kept buying will be apoplectic with explanations and sound just like people after the dotcom bubble...
Chilca: thanks, is there any status of the DDOS?
BingoBongo: A combination of the two could probably make a new normal though.
BingoBongo: It's why we could hit 10,000. Coinlab biting off more than they can chew and somehow instead of a flash crash we get a flash rally when they are hacked. Also yes your second point.
Namworld: Everyone thinks they're skilled because they buy BTC higher and higher because it keeps going higher and higher?
Namworld: What does Dunning-Kruger has to do with it?
BingoBongo: You'd be surprised Namworld the things that Dunning-Kruger can explain. It's like the new Goodwin, but for the Slate crowd.
Namworld: Wrong answer... that's the answer to why it raised, not why it would stay like that.
jcpham: i'm gona have to say bitcoin
Namworld: Why would price madly like that and stay like that?
Namworld: But you'll see there's an updating message.
gribble: BTCUSD ticker | Best bid: 41.75902, Best ask: 41.98351, Bid-ask spread: 0.22449, Last trade: 41.75902, 24 hour volume: 112921.07904056, 24 hour low: 36.00000, 24 hour high: 45.50000, 24 hour vwap: 42.64678
Namworld: anyway, MPEx will be getting an upgrade too
aethero: What type of ddos?
aethero: What happened to MPEX?
gribble: There are currently 98810.011 bitcoins offered at or under 100.0 USD, worth 5632319.28639 USD in total. | Data vintage: 0.0051 seconds
Namworld: as price go up, people tend to start putting money in the way.
BingoBongo: Maybe they will...
gribble: There are currently 115133.36 bitcoins offered at or under 10000.0 USD, worth 17157717.7085 USD in total. | Data vintage: 0.0056 seconds