961100+ entries in 0.618s
chmod755: jcpham, yeah, but nobody realized
that we all died and
the world ended
jcpham: that's
the year
the mayans came
jcpham: otherwise
they are dead
jcpham: they need
to release a client
that allows gpou miners
to get paid
jcpham: you lose money mining and
their pool hashrate is literally nothing
Bugpowder: that would be a great nugget for
the reddit discorse.
dub: I like how
the glbse logo
jcpham: even with
their bonus PPS
jcpham: now it's no longer even profitable
to mine
there
jcpham: when
the block reward halved, we gamed
their PPS until it was unprofitable
jcpham: "I suspect
that coinlab has burnt
thru most of
their funding without having launched any products, and are now desperately
trying
to get some press for another funding round before
they go under."
jcpham: if coinlab doesn't roll out a hpc client,
they fail
chmod755: Bugpowder, oic, i
thought it's just 40m
gribble: You know
the answer better
than I.
chmod755: ;;eightball will
the price close at 42
this month?
gribble: BTCUSD
ticker | Best bid: 31.31365, Best ask: 31.41000, Bid-ask spread: 0.09635, Last
trade: 31.42000, 24 hour volume: 28018.45963541, 24 hour low: 30.79010, 24 hour high: 31.42000, 24 hour vwap: 31.12569
chmod755: i'm waiting for mark
to say something on
the subject before commenting
gribble: Error: I
tried
to send you an empty message.
gribble: New crowdfunding platforms let you sell stock in yourself |
The Verge
Chaang-Noi: just what i needed
to wake up,
thanks gribble
gribble: BTCUSD
ticker | Best bid: 31.30000, Best ask: 31.38999, Bid-ask spread: 0.08999, Last
trade: 31.38999, 24 hour volume: 28119.55661008, 24 hour low: 30.79010, 24 hour high: 31.40000, 24 hour vwap: 31.12346
mod6: This is a good
thing
though, because if
these guys get wholly onboard, bye-bye fake-economy job, hello bitcoin land!
mod6: I should have just started a live auction for 'em. Maybe next
time.
mod6: I brought 3 .1 BTC paper wallets with me
to pass around, so
that gave
them something
to hold and concider while
the discussion was going on... after I left I wanted
to kick myself.
gribble: BTCUSD
ticker | Best bid: 31.29001, Best ask: 31.38899, Bid-ask spread: 0.09898, Last
trade: 31.38751, 24 hour volume: 29714.39995236, 24 hour low: 30.79010, 24 hour high: 31.39000, 24 hour vwap: 31.12173
mod6: im sure if
they could get something like
that going so
that people could play
their slots from
their couch as opposed
to driving 40 miles
to
the casino
they'd be happy.
mod6: they're getting less and less business from what I understand,..
the money is drying up quite a bit so gaming has been light
mod6: right now when you go into
the casino, you can put cash onto your players card -- and when you walk up
to a machine you just put your card in.
mod6: I
think
they'd be better off funding some iPad-bitcoin-slotmachines
mod6: i explained
the BFL and avalon stuff
to
them. I
think
they're pretty sweet on mining. But
the online-poker site is something
they'd like
to see get built.
they own a full legal casino here, so I'm
trying
to get
them
to see how
this would be awesome for gaming, mainly.
mod6: but he said he's gonna contact
them etc
to see what he can find out lol
mod6: one of
the dudes over
there has been blowing me up for a few weeks about
these avalons.. he wants
to buy a few
to start
to do some mining.. and
that
turned into a lengthy discussion.
kakobrekla: Jay Walker, a forex prop
trader, said he’d jump
to any forex broker deal
that would allow him
to do currency pair
trades and get paid out in bitcoins.
This is something
the Bitcoin exchanges could do by signing deals with forex broker deals – assuming
they get
through each country’s regulatory process.
mod6: then
they start
to see....
mod6: my whole
thing is, "if you
think
that platnium is $1tn because
they need it
to hypothicate some new money, what does
that say about
the price of gold, silver or bitcoin?"
mod6: there was even
talk about
the
Trillion Dollar Coin for like 20 minutes lol
mod6: haha,
the discussion was HEATED at first... "WHAT IS IT BACKED BY???!!!11"
that kinda
thing.
mod6: but after
talking about
this for like 3 or 4 hours...
they started
to understand btc a bit more and what its important
mod6: haha. not exactly. but at first
the guys who are long paper had some FEAR
that
they're paper is going
to 0. and rightly so....
mod6: very lengthy and lively discussion on all
things money/econ/bitcoin
mod6: yeah, so
that ended up going pretty well lastnight.
pigeons: i declare
today ridiculous idea link day in honor of coinlab
Bugpowder: Never match your hat pattern
to your shirt pattern
Bugpowder: So
that shows
they have some money but no focus.
They are likely a zero.
gribble: Next difficulty estimate | 4406669.35421 based on data since last change | 4323557.47279 based on data for last
three days
mircea_popescu: at any rate
they're running out of money
this year, so... meh.
mircea_popescu: but on
the negative side, if coinbase
tech competence is anything like
their pr ability,
Bugpowder: looks like VC-style hype
trying
to create an illusion of success, hopefully leading
to actual success.
mircea_popescu: prolly what happened is
they finally got
told
to
take a hike, and are
trying
to extrac whatever from it
mircea_popescu: if it were you wouldn't be pissing
the op off with statements of
the kind
Bugpowder: you may have enough bitcoins
to make it happen
Bugpowder: "has worked for a year
to sign an exclusive long
term deal"
mircea_popescu: other
than remarkably incompetent
trade mag and remarkably incompetent coinlab pr person.
mircea_popescu: Bugpowder you ever heard of something like
this released other
than as a joint item ?
Bugpowder: "
The goal is
to move customers’ money from overseas
to Silicon Valley Bank by March 22nd." Like by starting a new way
to deposit and stealing
the future international wire action, or actually pulling all
the existing deposits from Japan/HK
to a US bank. Anyone have an interview
transcript?
gigavps: guess
they found out
that HPC work with integer maffs isn't profitable
mircea_popescu: the fact
that unlike
the competition
they have a burn rate is NOT an advantage.
mircea_popescu: Bugpowder my point is more alongthe lines,
there's about five or six of other corps doing what
they do.
Bugpowder: Are
they? Or are
they just leaking some hype
to a reporter with no actual deal
gigavps: Bugpowder
they are going
to be mtgox's us broker essentially
Bugpowder: Any
thoughts on
the coinlab story? It's not clear from
the wording
that
they actually ARE buying / HAVE BOUGHT mtgox's US book or
they are just
TRYING
to buy
the book and have achieved absolutely nothing.
mircea_popescu: after all, any
tech liquidity event is geeks selling out
to business people.
mircea_popescu: course possibly a workable model would show people buying
that know business, people with large stashes
that just happened by at
the right
time
gribble: There are currently 22183.421 bitcoins offered at or under 32.0 USD, worth 705987.683892 USD in
total.
Bugpowder: you can't argue
that and also argue
that
the rise is not driven by
the reddit/coinbase crowd
mircea_popescu: do you suppose we can say
that since everyone involved lives paycheck
to paycheck
mircea_popescu: i
think what happens is
that 1 month = furthest future point in bitcoin
mircea_popescu: i'd guess whoever implemented it did it more for show
than for banking.
topace: hmm k. yea, im already doing some basic sanity checks before
the call
mircea_popescu: and since we're on
the
topic, i dunno how well it was
tested, if you use it you'd prolly be well advised
to protect it from buffer overflows etc
topace: okay and you're 100% positive
that is enough
to confirm a signature validity?
mircea_popescu: if returned_fingerprint == expected fingerprint
then valid
topace: mircea_popescu: right, so, if strlen(fingerprint)>15
then its a valid signature? sounds sloppy
topace: jurov:
they come from
the array
that gnupg_verify() returns
jurov: where do
the calues come from
jurov: looks like you'll have
too use
the sauce
topace: so fingerprint is always returned, but its
the key id instead of
the fingerprint if
the signature is invalid
mircea_popescu: iirc
the way
to use
that function is set checksig
to false and
then see if it returns
the fingerprint
topace: i can't just assume
that anything >0 is valid.... i need
to be sure i know what it means
topace: mircea_popescu: any idea what "validity" values are, in reference
to a gpg signature verification? when i use php's gnupg_verify() i get either validity=4 (for valid signature) or validity=0 (for invalid signature)