log☇︎
961200+ entries in 0.623s
mircea_popescu: Subject: Transaction is completed
mircea_popescu: i guess its still better than the comments section for that zerohedge piece i linked yest
pigeons: i read the url and didnt open it
mircea_popescu: i had a reputation for such tolerance
mircea_popescu: i thought i was very tolerant
jurov: http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal lol i read first sentence and closed the tab
mircea_popescu: US unemployment merits third round of money printing, says Ben Bernanke
Chaang-Noi: i thought your english over all was pretty good
gribble: BTCUSD ticker | Best bid: 31.08945, Best ask: 31.12948, Bid-ask spread: 0.04003, Last trade: 31.08945, 24 hour volume: 33052.15782040, 24 hour low: 30.79010, 24 hour high: 31.69900, 24 hour vwap: 31.15151
Chaang-Noi: are you asking if we want to borrow btc?
Namworld: Who wants to fill the rest of my BTC-BOND borrowing capacity?
BingoBongo: Guess this is the normal lul before the usual Thursday fireworks
gribble: BTCUSD ticker | Best bid: 31.02002, Best ask: 31.18998, Bid-ask spread: 0.16996, Last trade: 31.18998, 24 hour volume: 40177.44122778, 24 hour low: 30.22822, 24 hour high: 31.69900, 24 hour vwap: 31.17512
BingoBongo: ;; ticker
Chaang-Noi: thought it might have been recent, thanks
Chaang-Noi: when he tried to get into usa with no money from china?
Chaang-Noi: what is this ? <kakobrekla> nefario talking to us customs
dub: bitcoin.conf too
dub: if you create bintcoin.conf in the datadir it will use that by default
dub: wh1t3r4bb1t: there is no default bitcoin.conf
mircea_popescu: mod6 is the new bitcoin jesus
mircea_popescu: jcpham in general you do but that one was for the birds
Ukto: 'does not belong writing' is something I expect to read in a chinese manual. :P
Ukto: never seen you get so annoyed that your english gets broken :P
Ukto: wow. "[23:19] <mircea_popescu> this person does not belong writing."
wh1t3r4bb1t: it can't be using that right now
wh1t3r4bb1t: it's only finding this /usr/share/doc/bitcoind/examples/bitcoin.conf
wh1t3r4bb1t: im looking for the default file not the user file
kakobrekla: i think so too
wh1t3r4bb1t: not the user dir but the default location when it installs
wh1t3r4bb1t: im setting up another bitcoin server and I can't find the default bitcoin.conf on debian squeeze
kakobrekla: nefario talking to us customs
kakobrekla: i was talking about dubs link
mod6: this is turning out pretty well.
mod6: they love what MPEx is, and we talked about bitbet for a while and how that works...
mod6: maybe so. but after talking to 'em and answering questions for 2 hours they're getting it.
mod6: (18:54) < kakobrekla> prolly the last ppl you want to mention btc to
maximian: and the presence of a bitcoin casino doesn't make an abandoned/cracked bitcoin system viable again
mircea_popescu: first off, a crack would make bitcoin useless to begin with.
mircea_popescu: that is the stupidest thing i read today
mircea_popescu: a guarantee, e.g. no central bank or government to offer a sovereign guarantee, a crack would make bitcoin illiquid and worthless. "
mircea_popescu: "Recently I wrote about how the viability of bitcoin was limited by the risk of total, sudden liquidity collapse . The argument can be summarized as saying that without institutions whose business is transacted in it, bitcoin suffers from a bootstrapping problem whereby a crack in the crypto scheme would create an instant wave of counterfeit and debasement. Since there is no entity to restore trust in the currency with
kakobrekla: its not that i dont belive that the price of that shit will go up, just not as much as btc.
kakobrekla: well got about 0.6 out of that
kakobrekla: all the money is gone!
kakobrekla: sent to stamp
kakobrekla: on the market
mircea_popescu: "BitCoin, brought to you by the same power elite who own the money printing industry.
mircea_popescu: person actually thinks the 50 bux wordpress charged for a domain reg is why btc doubled.
Bowjob: what is this meme about some old people going crazy about an idea
gribble: BTCUSD ticker | Best bid: 31.11011, Best ask: 31.19999, Bid-ask spread: 0.08988, Last trade: 31.19999, 24 hour volume: 42530.67594311, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.07588
kakobrekla: prolly the last ppl you want to mention btc to
dub: I know its a bit late for this but.. what a fucking idiot
mod6: alot of these guys in here are very wealthy, and haha, bitcoin and this discussion is scaring the shit out of them
kakobrekla: you can pm gribble and slap yourself there if you really wanna
gribble: BTCUSD ticker | Best bid: 31.10002, Best ask: 31.18000, Bid-ask spread: 0.07998, Last trade: 31.18000, 24 hour volume: 43378.82060481, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.05179
kakobrekla: stop with the useless slaps
DeadWeasel: that was heavier than expected
DeadWeasel: instinct is a bastard mutant of those two.
DeadWeasel: so, fellas, think we go down from there for a while? or rally this week?
mod6: i gotta get back to it.
mod6: lol stop trollin me
thestringpuller: a bank that doesn't lend money eh popescu?
mod6: so we're talkin about what's really taking place.
mod6: or more directly, the us.
mod6: if you mean who, i mean the world
kakobrekla: its double click on that blue PS
kakobrekla: i know how to turn on photoshop
mod6: brb, these guys are having a full argument about cash and what the fed does and how in debt/fucked we are...
mircea_popescu: kakobrekla it's "stfu and take my maidenhood"
kakobrekla: is that pic i want to get fucked by or for btc?
mod6: i passed around .1 BTC on a paper wallet, that was the basic reaction ;)
mod6: kakobrekla: these are the guys who are involved with the legalized casino gaming in minnesota.
mod6: i'll tell you guys more later. but this is pretty cool conversation over here. people are really receptive to btc -- and these people totally non-technical.
mod6: has caused quite the discussion on currency and dollars.
mod6: heheh, telling this whole room of people about bitcoin...
mircea_popescu: lol @ last 2 posts there
BitHub: Hey guys, you can now talk to BitHub directly from our site, I know wow real time customer service, who knew.
ThickAsThieves: yeah it cvould crash all the way to $31
Bowjob: nope crash time
Eduard_Munteanu: mircea_popescu: heh, no, I don't think I know that one
aethero: Yeah a fall to 31.2 is a crash lol
gribble: BTCUSD ticker | Best bid: 31.06093, Best ask: 31.20001, Bid-ask spread: 0.13908, Last trade: 31.20001, 24 hour volume: 42934.80821886, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.04091
BitHub: cheers for the divs mircea :)
mircea_popescu: o ya think ?
Eduard_Munteanu: I suspect you might need something like that to short safely on BTCs.
Eduard_Munteanu: I actually did something like that at some point. Though I'd lose patience and go with more bucks at it, perhaps that was it. :D
Eduard_Munteanu: Actually yeah, dunno why I said that. :)
Eduard_Munteanu: Yeah, you can trade less.
mircea_popescu: you don't HAVE to use leverage you don't want now do you
Eduard_Munteanu: Stuff like USD/gold or USD/CHF is nice, but the leverage is a bit too high IMO. E.g. if you're betting on US inflating their money supply.
mircea_popescu: something that exists
Eduard_Munteanu: Yes, I could literally influence the market on BVB, even on certain Cat I securities.
mircea_popescu: why trade bizarre illiquid shit... i mean, mpex and bvb are not exactly the same size, but not exactly that far off.
Eduard_Munteanu: mircea_popescu: I went through some random trader from US, the only thing I complain is the huge leverage
mircea_popescu: you wanna trade forex, get an account on the actual market
Eduard_Munteanu: I'd much rather do forex. Haven't tried Sibex though.
mircea_popescu: right. i don't understand why anyone'd bother, other than to hedge speciffic risks
Eduard_Munteanu: Perhaps, besides BVB is sort of a joke market compared to other similar stuff.
mircea_popescu: Eduard_Munteanu if that thing ain't rigged i'm a girl and don't even know about it.\