assbot: [GLBSE] [GIGAMINING] 1 @ 0.6182 BTC [-]
Diablo-D3: mircea_popescu: this should be interesting
assbot: [GLBSE] [GIGAMINING] 1 @ 0.6183 BTC [+]
Diablo-D3: mircea_popescu: photoshop one of those xbox achievement unlocked things
assbot: [MPEX] [B.MPCD.A] 40000 @ 0.00099999 = 39.9996 BTC [-]
assbot: [MPEX] [B.MPCD.C] 40000 @ 0.00100046 = 40.0184 BTC [+]
assbot: [MPEX] [B.MPCD.B] 40000 @ 0.00099998 = 39.9992 BTC [-]
assbot: [GLBSE] [NYAN.A] 1 @ 0.99 BTC [+]
assbot: [GLBSE] [BFLS] 9 @ 0.48 = 4.32 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.01500001 BTC [-]
assbot: [MPEX] [B.MPCD.A] [PAID] 350000 @ 0.00002 = 7 BTC
assbot: [MPEX] [B.MPCD.B] [PAID] 400000 @ 0.00003 = 12 BTC
rg: Diablo-D3: enzu just gave me two faulty disks
assbot: [MPEX] [B.MPCD.C] [PAID] 350000 @ 0.00009268 = 32.43671515 BTC
rg: i think you dodged a bullet
rg: as fucked up as that might seem
Diablo-D3: I dunno, I just have an entire load of dont give a fuck right now
rg: he didn't want to talk about it
rg: so i can only imagine
Diablo-D3: nenolod quit on him because he refused to quit fucking up
rg: he tells me everything usually
Diablo-D3: I dont know who this steve character is, but he sounds like a fucking asshole
Diablo-D3: not the kind of company DMC wants to be doing business with
rg: steve is the main guy
rg: but i think he's majority owner
rg: nick and neno were the frontends
Diablo-D3: steve accidently deleted half of neno's vpses
Diablo-D3: including the atheme and cia.vc ones
rg: when i terminate customers
rg: i usually leave their VMs
rg: or when people dont pay
rg: i still save the data, just in case i get an email like
Diablo-D3: yes, but he managed to alienate every customer ever with that move
rg: 'omg i was out of town'
rg: 'you have our main src tree!'
rg: cause its actually happened
Diablo-D3: rg: oh, and they want me to pay for my vps now
Diablo-D3: no more professional courtesy for nenolod
assbot: [MPEX] [S.MPOE] 30238 @ 0.00036223 = 10.9531 BTC [-]
rg: their vps are dirt cheap
rg: ill give you a free vps
rg: a small one but it will be free
rg: he'll either start his own place
rg: or go work for smeone
rg: he's still flush with cash
rg: so he could do anything
Diablo-D3: hes interested in the DMC plan, surprisingly
rg: he probably got like 100k from his vps company
rg: hes the one who complains when i get deals
Diablo-D3: I dunno, maybe Ill go work for nenolod for a change
rg: he was complaining that i didn't get charged for these two disks
rg: its a $45 charge to get two disks installed
rg: you took 3 days to do it
rg: 8 weeks til block half!!!
assbot: [GLBSE] [NASTY] 4 @ 0.45899999 = 1.836 BTC [+]
rg: my litecoin pool is LIGHTING it up
rg: i did over 700 LTC the other day
rg: that's like 200 over average
nenolod: the returns on OBSI.HRPT became disappointing.
Diablo-D3: obsi is closing all of his assets and buying everything back
nenolod: oh, so *you* are the reason i quit making decent BTC per day
Diablo-D3: large miner and also ran a pirate passthrough
nenolod: and then my OBSI.HRPT went to shit
Diablo-D3: yup, you can thank nefario for all of that
Diablo-D3: no one asked him to lock DMC's account and fuck over the market
nenolod: i wonder which is more reliable
Diablo-D3: nenolod: anyhow, I repurchased almost half of the DMC shares out there
Diablo-D3: Im probably going to keep repurchasing them until nefario pulls his head out of his ass
mircea_popescu: Diablo-D3 if you rebuy the entire lot that'll prolly be the best closure for dmc.
Diablo-D3: mircea_popescu: that'll take awhile
mircea_popescu: think about it this way : if anyone bought at ipo 1 btc and sold at .05 or w/e, they took a 95 btc loss per 100 shares
mircea_popescu: if you put in 100 btc of your own money that won't hurt anything.
Diablo-D3: and where do I GET 100btc of my own money?
nenolod: rg: soooo glad my shit runs in a ramdisk
Luceo: 100 BTC is only like $1200
mircea_popescu: nenolod sucks. then again, glbse has lost people more than pirate
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.02069624 BTC [+]
Luceo: I lost over 500 BTC on pirate :/
nenolod: i think it would have been better spent playing Dragon's Tale.
Diablo-D3: I dont trust nefario with anything anymore
Diablo-D3: he just fucks up anything he touches
nenolod: or perhaps getting e-tail on secondlife
Diablo-D3: I think if I ever start another company, Im only going to take money from professional VCs.
Diablo-D3: at least they arent fucktards and know how the game is played
nenolod: mircea_popescu: been there, done that
Diablo-D3: mircea_popescu: he has that sitting like 5 feet from him
nenolod: mircea_popescu: but that involves currency exchanges
mircea_popescu: just give her cascucisocosacacuricocosuco wtf his name is coins
assbot: [MPEX] [S.MPOE] 8362 @ 0.00036223 = 3.029 BTC [-]
assbot: [MPEX] [S.MPOE] 37568 @ 0.00036015 = 13.5301 BTC [-]
Diablo-D3: mircea_popescu fails at roman names.
Diablo-D3: says the guy that blogs about beating women with a stick
nenolod: gonna dump way more than 500 BTC in it
Diablo-D3: nenolod: yes, glbse is a scam and it scammed my investors out of every dime and it scammed me out of a company.
nenolod: shut up your company wasn't incorporated in maine
rg: nenolod: lol i used those 2TB disks again
nenolod: rg: i don't work at enzu anymore
rg: im har haring with you
nenolod: rg: i'm not unhappy about that
rg: about shitty hardware
rg: they have a support guy now
rg: his last name is Kumar
rg: no i forget his first name
nenolod: they already fired Roy and Travis?
rg: its just funny cause its kumar
rg: i dont know what im going to do
rg: i need 4TB in this server
nenolod: rg: i walked away from enzu after their support lead guy said i was a "level 2 tech" and yet i spent my time doing /his/ job, as well as my own
rg: and this stupid i7 only has 2 hd slots
rg: i thougt you were the lead support
nenolod: rg: no they spliced in more management
nenolod: rg: because, management is always the solution!
rg: lets just blame it on steve
rg: even if he didn't do it
nenolod: steve has assburgers syndrome
rg: that wouldn ot surprise me
rg: it would explain a lot
nenolod: "we need to get 1gbit of PCCW on 10gbit link"
rg: how are you meant to do that
nenolod: <PCCW guy> ok we can do that at $1/mbit and have it installed tomorrow, we just need your CEO to sign off
rg: you're not authorized to buy
nenolod: <steve> "actually we need something else, ask them if they can do something else"
nenolod: i mean i worked leads that i will not be able to work anymore because i got burned
nenolod: rg: i am just wondering when the rapidxen brand necrophilia will start
rg: i decided not to get any more boxes from enzu
nenolod: the funny thing about steve is
rg: i have a few that will need to be maintained
nenolod: when you prove that he contradicted himself
nenolod: yay for being out of hosting
rg: Alec knows that you need staff
rg: but he has proper staff
rg: things he cant do.. he has people to do
rg: and that's what enzu doesnt have
nenolod: rg: things were going great when steve shut up and let me do my job
rg: nick is kinda patronizing sometimes
rg: hes like asking me to prove the disks are faulty
rg: its from a batch of disks we KNOW were defective
rg: why do i need to show you systme logs
assbot: [GLBSE] [FDBF] 12 @ 0.149253 = 1.791 BTC [+]
nenolod: rg: i got some pretty cool things going on at enzu for a little while anyway
rg: i mean, you ruined my raid array
nenolod: i didn't do any permanent damage to it
nenolod: and that wasn't my fault, actually
nenolod: the stupid webbios crap fucked me
rg: you finally handed the box bac over to me
rg: and i got what i needed
rg: at least you knew when to give it over
nenolod: and steve was shouting in my ear saying "don't do that!"
nenolod: i am like "fuck you, i'm doing that, fire me if you want"
rg: but i dont give a shit
assbot: [MPEX] [B.MPCD.A] 45616 @ 0.00100002 = 45.6169 BTC [+]
rg: the service he provides is shit
nenolod: i probably shouldn't talk shit about enzu until this rsync finishes
nenolod: i guess i won't have to worry about running kash(1) on this machine
rg: those RE3's havent failed yet
nenolod: since i could just see steve as the type of guy
nenolod: who would take a tromp through my dedi
nenolod: to see if he could steal any of my own IP
rg: you know what we should do
rg: with your rapidxen money
rg: and make a tv show about it
nenolod: vanilla ice up in this shit
rg: 'two beginners, flush with cash, take the housing market by STORM'
rg: and we script in mistakes
rg: and make it a learning thing
nenolod: "OH SHIT, THAT WAS AN ENZU-GRADE FUCK UP THERE"
nenolod: "BY THE WAY NEVER GO WITH ENZU FOR HOSTING THEY WILL DO THIS WITH YOUR SERVER LOLOLOLOL"
Diablo-D3: steve is basically a kash-grade ceo
Diablo-D3: [06:58:39] <nenolod> shut up your company wasn't incorporated in maine
nenolod: rg: in my 13 year old career of doing this, i've worked from everyone from stallman to phillip rosedale, and i have yet to meet anyone as fucked up in the head as CEO as steve is
rg: we're incorporated in Florida
rg: not cause grubles lives there
rg: cause it was the cheapest
rg: yeah we paid like $80 for fl
nenolod: "i want to start a company"
Diablo-D3: but at least the tax money would stay in maine
mircea_popescu: i think i paid like 150 but it included a bunch of trims
rg: lots of people do delaware
rg: i think it looks sketchy
nenolod: oklahoma lets you create bullshit legal entities
mircea_popescu: if i did just registration it would have been like 70 or something i think
rg: i wonder what ever happened with my better business burea complaint
rg: i responded to the guy
nenolod: enzu has an F rating with BBB
rg: this guy claimed the enzu dc wasnt in california
rg: and that it was in nevada
rg: and because of that, he should get a 2 month refund
rg: diablo-d3: this box was in california
assbot: [GLBSE] [GIGAMINING] 3 @ 0.6 = 1.8 BTC [-]
rg: he never complained once in two months
rg: then he didn't pay his bill on time
nenolod: i've seen steve's fibres in the MMR before
nenolod: before even working for enzu
rg: im pretty sure the BBB discarded the complaint
rg: maybe i can find the url
nenolod: i worked with the guy who invented fucking Mork
rg: Case ADMINISTRATIVELY CLOSED (More)
nenolod: and steve is more crazy than that guy
nenolod: and that guy is bonafide crazy has multiple personalities which fucking debate each other on IRC
nenolod: and steve is more crazy than that guy
nenolod: the guy is all over the place
Diablo-D3: has anyone even seen nefario lately, btw?
rg: our BBB rating isnt great
Diablo-D3: I think all companies should boycott it
assbot: [GLBSE] [BBBB] 119 @ 0.000128 = 0.0152 BTC [-]
rg: yeah we werent even signed up for it
rg: when i got it i was like wtf?
Diablo-D3: its a private company that is paid by its members to protect companies
Diablo-D3: you are not a customer and it damages your company's reputation to be associated with them
rg: i dont go suing people
rg: BBB found business made good faith effort to resolve complaint but customer not satisfied with business response
assbot: [MPEX] [S.DICE] 15295 @ 0.0034 = 52.003 BTC [+]
rg: "BitVPS did what they were supposed to and the customer was an asshole'
rg: enzu is in steadfast now
rg: if i could get the same E5 i have now
Diablo-D3: at least then I know it'd be ran competently =/
rg: Chicago is a very popular node for us
rg: so getting more would be good
rg: i like to do it like this:
rg: 2 machines in the same state, hosted by different ISPs
rg: which we do in cali, we have WebNX and Enzu
rg: in Chicago, we'd have SingleHop and Steadfast
nenolod: i wish i had sold SIP to someone other than Enzu
assbot: [GLBSE] [GSDPT] 10 @ 0.0034 = 0.034 BTC [-]
rg: in Dallas, we'd have TMS (horrible) and probably that guy in#bitcoin-otc's company
rg: you can sniff every single customer
Diablo-D3: nenolod: DMC was going to start reselling enzu's shit, but not now
rg: i had to setup static arp cause of their incompetance
rg: yeah good thing you didn't
rg: i was going to sabotage you
rg: i had a plan and everything
rg: but im glad i didn't have to do it
Diablo-D3: you couldnt plan your way out of a wet paper bag
rg: yeah... have you ever seen me slander anyone?
rg: cause they all died from it
rg: you dont want none of that pie
Diablo-D3: rg: dude, people think I ran lilo over with a ford taraus
Diablo-D3: are you REALLY sure you want to piss me off?
rg: cause you ran over some source code with a car?
rg: wtf do i care about that?
Diablo-D3: nenolod: halp, rg is is trolling me :<
rg: no i dont understand what you mean
rg: freenode is a stupid name
rg: and the 3 prior networks sucked too
assbot: [GLBSE] [BITBOND] 1 @ 0.30320001 BTC [-]
Diablo-D3: the previous three names were worse
assbot: [GLBSE] [BITBOND] 2 @ 0.3032 = 0.6064 BTC [-]
assbot: [GLBSE] [BITBOND] 16 @ 0.3031 = 4.8496 BTC [-]
assbot: [GLBSE] [BITBOND] 10 @ 0.303 = 3.03 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.30291 BTC [-]
assbot: [GLBSE] [BITBOND] 5 @ 0.30271 = 1.5136 BTC [-]
assbot: [GLBSE] [BITBOND] 2 @ 0.3027 = 0.6054 BTC [-]
assbot: [GLBSE] [BITBOND] 2 @ 0.3026 = 0.6052 BTC [-]
assbot: [GLBSE] [BITBOND] 3 @ 0.3025 = 0.9075 BTC [-]
assbot: [GLBSE] [BITBOND] 2 @ 0.302301 = 0.6046 BTC [-]
assbot: [GLBSE] [BITBOND] 4 @ 0.3008 = 1.2032 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.2902 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.29 BTC [-]
nenolod: Diablo-D3: rob levin was a friend of mine and really discussing the tragic incident of him being hit by an automobile has really become daft to discuss
rg: glbse assets are too damn expensive
nenolod: glbse assets are not worth the website they are presented on
nenolod: which is pretty sad because glbse itself is shit
rg: probably cause glbse is enzu powered
assbot: [GLBSE] [PUREMINING] 1 @ 0.10276 BTC [+]
assbot: [GLBSE] [PUREMINING] 2 @ 0.10277 = 0.2055 BTC [+]
rg: do you want a free vps
rg: im not going to leave the offer on the table
nenolod: sure, i could use some free vpses not hosted by enzu
rg: you're not an asshole
rg: i was talking to diablo
rg: he was complaining about getting billed by enzu
nenolod: rg: i made richard stallman cry
rg: i dont know who any of these people are
assbot: [MPEX] [S.MPOE] 5300 @ 0.0003586 = 1.9006 BTC [-]
assbot: [MPEX] [S.MPOE] 19500 @ 0.00035838 = 6.9884 BTC [-]
nenolod: admittedly, i was grilling him over dotgnu when he did so
assbot: [MPEX] [S.MPOE] 30826 @ 0.00035828 = 11.0443 BTC [-]
assbot: [MPEX] [S.MPOE] 14700 @ 0.00035824 = 5.2661 BTC [-]
assbot: [MPEX] [S.MPOE] 68400 @ 0.00035814 = 24.4968 BTC [-]
assbot: [MPEX] [S.MPOE] 59000 @ 0.0003581 = 21.1279 BTC [-]
assbot: [MPEX] [S.MPOE] 23000 @ 0.00035808 = 8.2358 BTC [-]
assbot: [MPEX] [S.MPOE] 64354 @ 0.00035799 = 23.0381 BTC [-]
assbot: [MPEX] [S.MPOE] 7317 @ 0.00035798 = 2.6193 BTC [-]
assbot: [MPEX] [S.MPOE] 66700 @ 0.00035768 = 23.8573 BTC [-]
assbot: [MPEX] [S.MPOE] 36000 @ 0.00035751 = 12.8704 BTC [-]
assbot: [MPEX] [S.MPOE] 16123 @ 0.00035714 = 5.7582 BTC [-]
assbot: [MPEX] [S.MPOE] 39000 @ 0.00035712 = 13.9277 BTC [-]
assbot: [MPEX] [S.MPOE] 29000 @ 0.00035677 = 10.3463 BTC [-]
assbot: [MPEX] [S.MPOE] 28300 @ 0.00035651 = 10.0892 BTC [-]
assbot: [MPEX] [S.MPOE] 52886 @ 0.00035645 = 18.8512 BTC [-]
assbot: [MPEX] [S.MPOE] 14700 @ 0.00035632 = 5.2379 BTC [-]
assbot: [MPEX] [S.MPOE] 28000 @ 0.00035627 = 9.9756 BTC [-]
assbot: [MPEX] [S.MPOE] 14579 @ 0.00035605 = 5.1909 BTC [-]
assbot: [MPEX] [S.MPOE] 17800 @ 0.00035601 = 6.337 BTC [-]
assbot: [MPEX] [S.MPOE] 5400 @ 0.00035585 = 1.9216 BTC [-]
assbot: [MPEX] [S.MPOE] 52700 @ 0.00035541 = 18.7301 BTC [-]
assbot: [MPEX] [S.MPOE] 41690 @ 0.00035511 = 14.8045 BTC [-]
assbot: [MPEX] [S.MPOE] 70300 @ 0.00035469 = 24.9347 BTC [-]
assbot: [MPEX] [S.MPOE] 6900 @ 0.00035337 = 2.4383 BTC [-]
assbot: [MPEX] [S.MPOE] 58300 @ 0.00035268 = 20.5612 BTC [-]
assbot: [MPEX] [S.MPOE] 52100 @ 0.00035041 = 18.2564 BTC [-]
assbot: [MPEX] [S.MPOE] 42000 @ 0.00035038 = 14.716 BTC [-]
assbot: [MPEX] [S.MPOE] 35125 @ 0.00035 = 12.2938 BTC [-]
assbot: [MPEX:S.MPOE] 1day: 0.00035 / 0.00036095 / 0.00036664 (3896786 shares, 1,406.58 BTC), 30day: 0.00034 / 0.0003918 / 0.00042 (62261778 shares, 24,394.38 BTC)
rg: if it goes a little lower
rg: i wonder if that 0004 was a fluke
mircea_popescu: it made ~4500 btc last month, wyhich is like... 25% of all btc mined that interval
mircea_popescu: and as a result these assholes sold me into shit :( 42 to 35
rg: they shoulda made me the admin of DMC
mircea_popescu: for one, it's market cap is like 350k btc. for the other, share went up not down.
nenolod: they should have made me the admin of DMC
rg: i would love to give diablo his tiny pittance
nenolod: rg: they should have made STEVE the admin of DMC.
nenolod: steve used bitcoin for like
nenolod: and was like "omg i didn't make any moniez"
assbot: [GLBSE] [GSDPT] 304 @ 0.0034 = 1.0336 BTC [-]
rg: they join thinking theyre going to make $1mil
assbot: [GLBSE] [JAH] 3 @ 0.11 = 0.33 BTC [-]
assbot: [GLBSE] [JAH] 1 @ 0.104 BTC [-]
assbot: [GLBSE] [JAH] 5 @ 0.101 = 0.505 BTC [-]
assbot: [GLBSE] [JAH] 26 @ 0.100001 = 2.6 BTC [-]
rg: and pirateat40 steals it all
OneEyed: Eh, according to betsofbitcoin, I had bet that MPEX would not be hacked before the end of September. Did I win?
OneEyed: (I had totally forgotten about that bet)
nenolod: i'd go get a private island and not give a shit
OneEyed: Total disagree bets: 11.72
OneEyed: (agree means "MPEX will get hacked")
rg: i was looking at the private island website the other day
rg: i would get an island on a huge lake
rg: so i can still get internet/power
rg: id love an island in hte middle of no where but i wont be able to deal with satelite internet
OneEyed: My 0.1 should get me back around 0.381 due to the way bets are weighted
mircea_popescu: OneEyed you can't get more than the total agree can you
rg: mircea_popescu: its kinda expensive to get the cable co to run a 20mi coax through a body of water
rg: though i could totally run it myself
rg: and just have a splitter
nenolod: rg: just get someone high on meth with an AR-15
rg: but then id be vulnerable to sabotage
nenolod: rg: that will keep bitcoin people away
OneEyed: mircea_popescu: fortunately, as in every bets, the amount paid by the winners is redistributed as well :)
rg: i guess i should probably stop bdk_kludges vps
rg: since he defaulted and didn't pay his bill
rg: that'll free up a nice chunk of ram
OneEyed: mircea_popescu: the total amount paid by betters is redistributed to winners, minus 5% fee for the site and 5% for the creator of the bet if I remember well
OneEyed: My weighted bet is 60.909 according to the site
OneEyed: For a total of 1729.980 weighted winning bets
OneEyed: So I get: (0.30+11.72)*.9*60.909/1729.980
OneEyed: mircea_popescu: yes, the sooner you bet, the more your bet weights
mircea_popescu: well, thanks for your early faith, it obviously was well placed.
rg: that's a cheeseburger+fries at a low end fast food joint
nenolod: AOLserver is actually a pretty nice product.
rg: that's why im saying dont hate
rg: its completely irrelevant today
OneEyed: Weighting bets makes sense, as the closer to the deadline you are, the less undecided the issue is, in most cases at least
mircea_popescu: To promote early bettors on a statement, we distribute 45% of the lost bets such that early bettors get a larger share.
OneEyed: I'll get: .1 + .3*.45*60.909/1729.980 + .3*.45*.1/11.72
OneEyed: .py .1 + .3*.45*60.909/1729.980 + .3*.45*.1/11.72
nenolod: Diablo-D3: is this ADSL2+?
mircea_popescu: these people have a nice business. who owns betsofbitco.in ?
OneEyed: Who gets 5% of the losing bets anyway
OneEyed: So he only lost .85 by creating the bet :)
mircea_popescu: OneEyed yes but i bet you most bets don't get 2btc of losing bets.
OneEyed: This is probably to encourage you to create well-balanced bets
OneEyed: Which is also a good thing in itself
nenolod: rg: so did Diablo-D3 take his free replacement vps?
assbot: [MPEX] [F.GIGA.ETF] 3400 @ 0.00044186 = 1.5023 BTC [+]
nenolod: bitcoin savings and macrolending
nenolod: if only i was not a dual US/UK citizen
nenolod: i'd soooooo make a ponzi on this shit
nenolod: totally legit(tm) investment
Diablo-D3: adsl2+ with all the annexes maxes out at 24/3.5
Diablo-D3: [07:26:57] <nenolod> Diablo-D3: rob levin was a friend of mine and really discussing the tragic incident of him being hit by an automobile has really become daft to discuss
Diablo-D3: nenolod: hey, he was my friend too damnit
Diablo-D3: nenolod: where did you put your shit?
mircea_popescu: where upstaged baby is obviously rhyming slang for usagi
OneEyed: mircea_popescu: don't underestimate the problem: they are fighting over a whole 4 BTC!
OneEyed: usagi: he passed a motion at your request from what I see, you required that to pay *him* back
OneEyed: as it is not insurance because of a default, but cancellation of the contract
rg: i might make a chicken omelette
rg: has anyone heard of thatb efore?
rg: i like all those things
rg: but im not sure if they should be mixed
rg: i could also make some noodles with the chicken
OneEyed: usagi: I don't troll, I just try to understand what I read. If you call that trolling, then call it trolling, but I'm hardly trying to escalate the debate into some heated argument or make anyone lose time
OneEyed: I did. And I read that Ian Bakewell required that the contract be cancelled and the premiums reimbursed. And I seem to understand you agreed to that if his shareholders did agree as well.
OneEyed: And I also totally agree that if there was a default, then you should pay the shareholders directly, not Ian Bakewell, as per the contract.
rg: ;;gettrust mircea_popescu
rg: ;;gettrust [ident diablo-d3]
gribble: Trust relationship from user rg to user Nick 'diablo-d3', with hostmask 'Diablo-D3!~diablo@pool-64-222-225-145.port.east.myfairpoint.net', is not identified.: Level 1: 0, Level 2: 0 via 0 connections. Graph:
http://serajewelks.bitcoin-otc.com/trustgraph.php?source=rg&dest=Nick 'diablo-d3', with hostmask 'Diablo-D3!~diablo@pool-64-222-225-145.port.east.myfairpoint.net', is not identified.
OneEyed: Apparently, you should trust me more than I should trust you :)
rg: ;;gettrust coingenuity
nenolod: Diablo-D3: i just kicked in the 'nenolod hosting continuity endgame scenario'
rg: if you started a hosting company
rg: i would buy boxes from you
nenolod: rg: you should talk to openitc
nenolod: i don't want to do hosting
rg: that's not the relationship we have
nenolod: i want to sell beer for a living
assbot: [MPEX] [S.MPOE] 6570 @ 0.00035896 = 2.3584 BTC [+]
rg: bitvps needs a stable dedicated server provider
rg: i thought it was enzu
rg: i know some other people who have nice stuff but $$
rg: you know gnax and i dont get along
rg: i dont tolerate shit from our DCs
rg: i will inconvenience 30 customers to move
mircea_popescu: so why the hell is usagi attacking bakewell now. he seems reasonable enough ? am i missing something ?
nenolod: rg: i don't really want to get into hosting
rg: getting into hosting now is like getting into bitcoin mining now
rg: lots of work for little output
rg: why the hell isnt this transaction confirming
nenolod: Diablo-D3: i kicked in the 'nenolod hosting continuity endgame scenario'
nenolod: Diablo-D3: wherein i took advantage of certain realities, to acquire hosting elsewhere at very cost-efficient prices.
nenolod: Diablo-D3: you see, i have had a contingency plan for that for years
Chaang-Noi: i wonder if nefario is aware of this...
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@0.49BTC] (since: 2012-09-25) paid: 0.01112149 BTC. Last price: 0.49 BTC. Capital gain: 0 BTC. Total: 0.01112149 BTC. (2.3%)
Chaang-Noi: i really wonder if that was by design or if nefario just is that ignorant.
Chaang-Noi: oh, i guess he just does not care about privacy
Chaang-Noi: seems important if you ar trying to sell an anon stock exchange...
mircea_popescu: i feel kind of sorry for the poor suckers who sent him passport pics or w/e
assbot: [GLBSE] [YABMC] 1 @ 0.07961 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.459 BTC [+]
assbot: [GLBSE] [NASTY] 3 @ 0.45995 = 1.3799 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.4697 BTC [+]
assbot: [GLBSE] [NASTY] 8 @ 0.4698 = 3.7584 BTC [+]
jurov: mircea, that link says Acest articol nu este disponibil gratis.
Chaang-Noi: i was not that stupid... i sent it to gox, and wish i had not... but id never send to glbse
Luceo: I sent it to no-one
Luceo: I'm a bit paranoid that Gox will ask me to prove that my name really is Doctor Robotnik though :(
jurov: no problem, you'll have to fake the ID and electricity bill
mircea_popescu: jurov you p[rolly read more than 5 this week. it's a paid site.
Diablo-D3: how the hell does this channel talk this much
rg: i think this chicken omelette is going to be god
rg: i only have one person on block
assbot: [MPEX] [S.MPOE] 5900 @ 0.00036221 = 2.137 BTC [+]
assbot: [MPEX] [S.MPOE] 39800 @ 0.00036097 = 14.3666 BTC [-]
assbot: [GLBSE] [KRAKEN] 5 @ 0.008 = 0.04 BTC [-]
smickles: < mircea_popescu> smickles why do you keep spelling principal "principle" ? << becuase i am flawd ;) um, tell me this is just in irc, and not in some signed document I produce
assbot: [GLBSE] [NASTY] 1 @ 0.41020001 BTC [-]
assbot: [GLBSE] [NASTY] 2 @ 0.4102 = 0.8204 BTC [-]
assbot: [GLBSE] [NASTY] 9 @ 0.4101 = 3.6909 BTC [-]
assbot: [GLBSE] [NASTY] 18 @ 0.41 = 7.38 BTC [-]
assbot: [GLBSE] [NASTY] 10 @ 0.401 = 4.01 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07102003 = 0.142 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07102002 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07102 BTC [-]
assbot: [GLBSE] [YABMC] 7 @ 0.071 = 0.497 BTC [-]
assbot: [GLBSE] [YABMC] 3 @ 0.07052 = 0.2116 BTC [-]
assbot: [GLBSE] [YABMC] 15 @ 0.0705 = 1.0575 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07047 BTC [-]
assbot: [GLBSE] [YABMC] 12 @ 0.07045 = 0.8454 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.0704 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07038 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07036 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07034 BTC [-]
assbot: [GLBSE] [YABMC] 4 @ 0.070321 = 0.2813 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1800 @ 0.00044186 = 0.7953 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 10 @ 0.019 = 0.19 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.018 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 9 @ 0.018 = 0.162 BTC [-]
jurov: he's man of principles :)
assbot: [GLBSE] [RAREEARTH] 19 @ 0.00999999 = 0.19 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.11189999 = 0.5595 BTC [+]
assbot: [GLBSE] [HYDRO.BONDS] 2 @ 1.41998 = 2.84 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07960999 = 0.1592 BTC [+]
assbot: [GLBSE] [YABMC] 18 @ 0.07961 = 1.433 BTC [+]
Luceo: I dont think I have anyone on IRC ignored
Luceo: And only one on forums
assbot: [MPEX] [S.MPOE] 13873 @ 0.00036097 = 5.0077 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.29010001 BTC [+]
assbot: [GLBSE] [BITBOND] 3 @ 0.2901 = 0.8703 BTC [-]
assbot: [GLBSE] [BITBOND] 2 @ 0.29 = 0.58 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.2804 BTC [-]
assbot: [GLBSE] [BITBOND] 3 @ 0.28020001 = 0.8406 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.27983999 BTC [-]
assbot: [GLBSE] [BITBOND] 30 @ 0.2752 = 8.256 BTC [-]
assbot: [GLBSE] [BITBOND] 500 @ 0.275 = 137.5 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.27 BTC [-]
assbot: [GLBSE] [PUREMINING] 1 @ 0.10277 BTC [+]
mircea_popescu: lmao how many more satoshi* and *dice sites can there be
assbot: [GLBSE] [GSDPT] 290 @ 0.0034 = 0.986 BTC [-]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: MPOE.ETF [1@0.1BTC] paid: 0.02470282 BTC. Last price: 0.3 BTC. Capital gain: 0.2 BTC. Total: 0.22470282 BTC. (224.7%)
assbot: [GLBSE:MPOE.ETF] [Bid: 0.3] [Ask: 1.19999999] [Spread: 0.89999999] [Last: 0.3] [24hVol: ] [7dAvg: 0.645]
assbot: [GLBSE] [GSDPT] 2 @ 0.0034 = 0.0068 BTC [-]
mircea_popescu: smickles maybe you should sell some s.mpoe put some buys in ?
smickles: mircea_popescu: i'm actually about to do something about that
smickles: and MPOE.ETF isn't actually a passthru, but there isn't a S.MPOE passthru on GLBSE
mircea_popescu: ya it's a fund, which is why i said about selling some shares to put bids, you actually have the flexibility to do that
smickles: I sent 'em a pm presenting the facts and requested an edit be made :/
mircea_popescu: you could prolly make money by tapping the glbse equity flight
mircea_popescu: as in, put buys in 5% or 10% under what you get for the shares on mpex
smickles: up until recently, I was considering a lower % than 5/10
mircea_popescu: .3 means what, less than 30% of current s.mpoe value ?
assbot: [GLBSE] [GSDPT] 155 @ 0.0034 = 0.527 BTC [-]
mircea_popescu: Local Rules: the following accounts are banned from posting in this thread: Puppet, EskimoBob, Deprived, Factory, nimda, 556j, MPOE-PR, cunicula and guruvan.
mircea_popescu: someone should make a forum post whereby the forum is forbidden from posting
gribble: (last [--{from,in,on,with,without,regexp} <value>] [--nolimit]) -- Returns the last message matching the given criteria. --from requires a nick from whom the message came; --in requires a channel the message was sent to; --on requires a network the message was sent on; --with requires some string that had to be in the message; --regexp requires a regular expression the message must (1 more message)
gribble: nefario was last seen in #bitcoin-assets 6 days, 18 hours, 7 minutes, and 54 seconds ago: <nefario> Those assets are not listed or traded anymore
assbot: [MPEX] [F.GIGA.ETF] 1087 @ 0.00044185 = 0.4803 BTC [-]
rg: today is the worst day
rg: cause i have to look at how much mone ywe have
rg: and i need to send like $100 on a stupid upgrade for our billing system
rg: cause they revoked our license
rg: cause theyre french retards
rg: i got packeted last niht
smickles: well, does anyone have some btc 'on' GLBSE so as to facilitate a quick deposit for me?
rg: i know someone who does
smickles: mircea_popescu: smpake does glbse now?
rg: i hate this part of the month
rg: look how much money we have
rg: we gotta pay all our bills
smickles: rg, that's why you do cost basis, not cash basis accounting ;P
rg: i knowh ow to add the monies
rg: and subtract the monies
rg: and multiply the monies
rg: but i use gribble for that
rg: some GNU piece of shit quickbooks replacement
smickles: gnucash supports bitcoin/ 8 decimals?
rg: nominet is dropping the co from co.uk
rg: no one takes co.anything seriously
jcpham: i would help you admin a gay porn site
jcpham: just so you can get the domain
assbot: [GLBSE] [GSDPT] 72 @ 0.0034 = 0.2448 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1695 @ 0.00044185 = 0.7489 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 7000 @ 0.00044185 = 3.093 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 105 @ 0.00044185 = 0.0464 BTC [-]
smickles: mircea_popescu: have you come across thos 'hysterical literature' videos on youtube?
smickles: they remind me of a warhol video
assbot: [GLBSE] [FPGAMINING] 8 @ 0.4699 = 3.7592 BTC [-]
assbot: [GLBSE] [BMF] 1 @ 0.45 BTC [-]
assbot: [GLBSE] [BMF] 1 @ 0.40000001 BTC [-]
assbot: [GLBSE] [GSDPT] 5528 @ 0.0034 = 18.7952 BTC [-]
assbot: [GLBSE] [BMMO] 1 @ 0.04000007 BTC [-]
assbot: [GLBSE] [BMMO] 3 @ 0.04000001 = 0.12 BTC [-]
assbot: [GLBSE] [BMMO] 25 @ 0.04 = 1 BTC [-]
assbot: [MPEX] [S.MPOE] 20900 @ 0.00035853 = 7.4933 BTC [-]
assbot: [MPEX] [S.MPOE] 32600 @ 0.00036081 = 11.7624 BTC [+]
assbot: [GLBSE] [GIGAMINING] 5 @ 0.59919993 = 2.996 BTC [-]
assbot: [GLBSE] [MMM] 14 @ 0.6 = 8.4 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.43 BTC [+]
PsychoticBoy: seriously that is f*cking sick, probably got wacked against the wall when she was a baby
Diablo-D3: <mircea_popescu> I'd whack her against the wall if you know what I mean
Diablo-D3: the only stripping there involves paint stripper
assbot: [MPEX] [F.GIGA.ETF] 3000 @ 0.00044186 = 1.3256 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 7500 @ 0.00044186 = 3.314 BTC [+]
assbot: [MPEX] [S.MPOE] 50200 @ 0.00035823 = 17.9831 BTC [-]
assbot: [MPEX] [S.MPOE] 50274 @ 0.00035811 = 18.0036 BTC [-]
assbot: [MPEX] [S.MPOE] 4171 @ 0.00035552 = 1.4829 BTC [-]
assbot: [MPEX] [S.MPOE] 57400 @ 0.00035541 = 20.4005 BTC [-]
assbot: [MPEX] [S.MPOE] 30600 @ 0.0003542 = 10.8385 BTC [-]
assbot: [MPEX] [S.MPOE] 1463171 @ 0.00035 = 512.1099 BTC [-]
Eisenhower34: what a deep knowledge :9 bet he woke up next to one last night
assbot: [GLBSE] [BITBOND] 1 @ 0.32 BTC [+]
Eisenhower34: just a hint, its not only the makeup, also the alcohol :)
assbot: [GLBSE] [BITBOND] 1 @ 0.29000001 BTC [-]
assbot: [GLBSE] [BITBOND] 5 @ 0.29 = 1.45 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.59979999 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.29000001 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.29 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.29000001 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.29 BTC [-]
Azelphur: Is that such an amazing trait? o.O
assbot: [GLBSE] [GOLD] 3 @ 0.00999998 = 0.03 BTC [-]
Diablo-D3: usagi: okay so fine, Im a giant robot pilot
assbot: [MPEX] [S.MPOE] 14700 @ 0.00035498 = 5.2182 BTC [+]
assbot: [GLBSE] [BBBB] 1 @ 0.00015999 BTC [+]
assbot: [GLBSE] [BBBB] 196 @ 0.00016 = 0.0314 BTC [+]
assbot: [MPEX] [S.MPOE] 61800 @ 0.00035559 = 21.9755 BTC [+]
assbot: [MPEX] [S.MPOE] 7027 @ 0.00036081 = 2.5354 BTC [+]
assbot: [MPEX] [S.MPOE] 37032 @ 0.00036249 = 13.4237 BTC [+]
assbot: [MPEX] [S.MPOE] 14141 @ 0.00036422 = 5.1504 BTC [+]
assbot: [MPEX:S.MPOE] 1day: 0.00035 / 0.00035512 / 0.00036664 (3646645 shares, 1,295.00 BTC), 30day: 0.00034 / 0.00039062 / 0.00042 (64063806 shares, 25,024.88 BTC)
assbot: [GLBSE] [YABMC] 6 @ 0.07961 = 0.4777 BTC [+]
assbot: [GLBSE] [YABMC] 4 @ 0.07971 = 0.3188 BTC [+]
assbot: [MPEX:S.DICE] 1day: 0.0034 / 0.0034 / 0.0034 (16195 shares, 55.06 BTC), 30day: 0.0033 / 0.00337125 / 0.0034 (2079730 shares, 7,011.31 BTC)
assbot: [MPEX:S.BVPS] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.001175 / 0.00342157 / 0.003801 (52687 shares, 180.27 BTC)
assbot: [GLBSE] [BITBOND] 4 @ 0.21999999 = 0.88 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.22 BTC [+]
assbot: [MPEX] [S.BVPS] 150 @ 0.00341357 = 0.512 BTC [+]
rg: just the man i need to see
MrTiggr: mircea_popescu: that is based off the "unconfirmed transactions" feed ... every dot is a btc address .. the lines are coins moving between them ... the line color is the same for coins moved in the same transaction
MrTiggr: known bitcoin addresses are labelled
MrTiggr: layout uses a force-directed algo to best position stuff
MrTiggr: turn autolayout on for best effect
assbot: [GLBSE] [GIGAMINING] 1 @ 0.6 BTC [+]
assbot: [GLBSE] [GIGAMINING] 4 @ 0.59515 = 2.3806 BTC [-]
assbot: [GLBSE] [GIGAMINING] 10 @ 0.595 = 5.95 BTC [-]
assbot: [GLBSE] [GIGAMINING] 8 @ 0.5901 = 4.7208 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.59 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.58095 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5807 BTC [-]
assbot: [GLBSE] [GIGAMINING] 3 @ 0.58050001 = 1.7415 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5805 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5803 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.58 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.57 BTC [-]
rg: im glad we have some action today
rg: id like to see some more
assbot: [GLBSE] [BBBB] 500 @ 0.00016 = 0.08 BTC [+]
assbot: [GLBSE] [ASICMINER] 13 @ 0.11189999 = 1.4547 BTC [+]
assbot: [GLBSE] [ASICMINER] 1 @ 0.1119 BTC [+]
assbot: [GLBSE] [PUREMINING] 1 @ 0.09030001 BTC [-]
rg: we gotta pay these bills son
gribble: grubles was last seen in #bitcoin-assets 34 minutes and 48 seconds ago: <grubles> !ticker s.bvps
assbot: [MPEX] [S.MPOE] 30693 @ 0.00036422 = 11.179 BTC [+]
rg: i could just pay them all in btc
rg: but i was a lamer and lent some money to a friend
rg: i wish i had some muscle
rg: then i could do lending
rg: you dont pay, fine, as long as its worth your knee cap
rg: two taps to 1 knee cap
assbot: [GLBSE] [MOVETO.FUND] 1 @ 0.56100009 BTC [-]
assbot: [GLBSE] [GIGAMINING] 5 @ 0.6089 = 3.0445 BTC [+]
assbot: [GLBSE] [PUREMINING] 1 @ 0.10256999 BTC [+]
assbot: [GLBSE] [PUREMINING] 2 @ 0.10257 = 0.2051 BTC [+]
assbot: [GLBSE] [TEEK.USD] 1 @ 0.0625 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.45389999 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.4539 BTC [+]
assbot: [GLBSE] [MU] 1 @ 0.18998999 BTC [+]
assbot: [GLBSE] [MU] 2 @ 0.18999 = 0.38 BTC [+]
assbot: [GLBSE] [ASICMINER] 1 @ 0.11189999 BTC [-]
assbot: [GLBSE] [SILVER] 1 @ 0.0095 BTC [-]
assbot: [GLBSE] [SILVER] 11 @ 0.00935001 = 0.1029 BTC [-]
assbot: [GLBSE] [SILVER] 27 @ 0.0091111 = 0.246 BTC [-]
assbot: [GLBSE] [SILVER] 3 @ 0.0091 = 0.0273 BTC [-]
assbot: [GLBSE] [SILVER] 45 @ 0.009 = 0.405 BTC [-]
assbot: [GLBSE] [RAREEARTH] 5 @ 0.00999999 = 0.05 BTC [-]
assbot: [GLBSE] [RAREEARTH] 10 @ 0.0099 = 0.099 BTC [-]
assbot: [GLBSE] [RAREEARTH] 10 @ 0.0098 = 0.098 BTC [-]
assbot: [GLBSE] [RAREEARTH] 10 @ 0.0097 = 0.097 BTC [-]
assbot: [GLBSE] [RAREEARTH] 2 @ 0.00960001 = 0.0192 BTC [-]
assbot: [GLBSE] [RAREEARTH] 13 @ 0.0096 = 0.1248 BTC [-]
assbot: [GLBSE] [RAREEARTH] 4 @ 0.0095 = 0.038 BTC [-]
assbot: [GLBSE] [RAREEARTH] 1 @ 0.0092 BTC [-]
assbot: [GLBSE] [RAREEARTH] 15 @ 0.00900125 = 0.135 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 200 @ 0.00044186 = 0.0884 BTC [+]
assbot: [GLBSE] [MU] 2 @ 0.18999 = 0.38 BTC [+]
assbot: [GLBSE] [MU] 5 @ 0.19 = 0.95 BTC [+]
Azelphur: the downsides of having a name that begins with A, I'm high up on all the userlists :p
grubles: Azelphur, you wrote pympex right?
grubles: ive signed the mpex key, and yet i still get "Couldn't decode the reply from MPEx...blah" errors
Luceo: ffs why have the butts started again? :(
Azelphur: grubles: all my python does is call gnupg library, which runs the gpg executable
Azelphur: so key decryption not working is 99.9% on gpg side
Luceo: EskimoBob: or just /umode +R
assbot: [GLBSE] [GSDPT] 292 @ 0.00388887 = 1.1356 BTC [+]
assbot: [GLBSE] [GSDPT] 2708 @ 0.00388888 = 10.5311 BTC [+]
assbot: [GLBSE] [ARS] 50 @ 0.0148 = 0.74 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07034001 = 0.1407 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07034 = 0.1407 BTC [-]
assbot: [GLBSE] [YABMC] 8 @ 0.070321 = 0.5626 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07032 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07022 BTC [-]
assbot: [GLBSE] [YABMC] 7 @ 0.0702 = 0.4914 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 6500 @ 0.00044185 = 2.872 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07034002 = 0.1407 BTC [+]
assbot: [GLBSE] [COGNITIVE] 1 @ 0.5999 BTC [-]
assbot: [GLBSE] [FPGA.CONTRACT] 10 @ 0.06994 = 0.6994 BTC [-]
assbot: [MPEX] [S.DICE] 195 @ 0.00325001 = 0.6338 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.1118 BTC [-]
assbot: [GLBSE] [GIGAMINING] 3 @ 0.60499997 = 1.815 BTC [-]
assbot: [GLBSE] [ZETA-MINING] 1 @ 0.14210003 BTC [-]
assbot: [GLBSE] [ZETA-MINING] 1 @ 0.14210002 BTC [-]
Luceo: EskimoBob: You can do /umode +R, it's the fastest way
mircea_popescu: progressively over-valuing your assets more and more based on some combination of beliefs, guesses, believing people who tell you things on irc and total lunacy.
assbot: [GLBSE] [ZETA-MINING] 1 @ 0.14220003 BTC [+]
assbot: [GLBSE] [ZETA-MINING] 4 @ 0.14220002 = 0.5688 BTC [-]
assbot: [GLBSE] [ZETA-MINING] 5 @ 0.14220002 = 0.711 BTC [-]
assbot: [GLBSE] [MMM] 3 @ 0.6 = 1.8 BTC [+]
Diablo-D3: Bugpowder: it will now that smickles is going to do their shit
Bugpowder: In fairness, BAC, JPM, WFC weren't marking their MBS to market either.
Bugpowder: But I don't think the Fed is going to come in and exchange Treasuries for for NYAN.B shares any time soon.
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@0.49BTC] (since: 2012-09-25) paid: 0.01112149 BTC. Last price: 0.40000001 BTC. Capital gain: -0.08999999 BTC. Total: -0.0788785 BTC. (-16.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@1BTC] paid: 0.10922454 BTC. Last price: 0.40000001 BTC. Capital gain: -0.59999999 BTC. Total: -0.49077545 BTC. (-49.1%)
Diablo-D3: DMC, now worth 9000 BTC PER SHARE lawls
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BTC-MINING [1@1BTC] paid: 0.27012647 BTC. Last price: 0.921 BTC. Capital gain: -0.079 BTC. Total: 0.19112647 BTC. (19.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BTC-BOND [1@0.01BTC] paid: 0.00055 BTC. Last price: 0.00989 BTC. Capital gain: -0.00011 BTC. Total: 0.00044 BTC. (4.4%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@0.5BTC] (since: 2012-09-01) paid: 0.05279685 BTC. Last price: 0.40000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.04720314 BTC. (-9.4%)
assbot: [MPEX] [F.GIGA.ETF] 192 @ 0.00044185 = 0.0848 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 8700 @ 0.00044185 = 3.8441 BTC [-]
assbot: !pl <ticker> [<amount>@]<bought at> [<YYYY-MM-DD>]
Bugpowder: BUT Fed swapped them for treasuries. There is no Fed in bitcoin.
BTC-Mining: BTC-Mining about 5 months, BTC-Bond about 2 months
Bugpowder: Why the fuck should mining companies care about the share price anyway? You got the BTC, you buy the gear, you mine, you pay the dividends.
Diablo-D3: Bugpowder: bmf was a fund, now its turning into a mining company
Diablo-D3: however, bmf was a closed fund, so NAV may not even matter
Diablo-D3: how long are you going to be doing daily dividend
Diablo-D3: if it was FOREVERERERERERER I'd buy some BMF
Diablo-D3: well, BTCMC will pay me 15 BTC today
Diablo-D3: that reminds me, I need to go poke yochdog
assbot: [GLBSE:BTC-MINING] [Bid: 0.92525] [Ask: 0.97479999] [Spread: 0.04954999] [Last: 0.921] [24hVol: 18.02480001] [7dAvg: 0.9211356]
assbot: [GLBSE:BTCMC] [Bid: 0.45] [Ask: 0.58979999] [Spread: 0.13979999] [Last: 0.45000001] [24hVol: ] [7dAvg: 0.48714]
assbot: [GLBSE:ASICMINER] [Bid: 0.106] [Ask: 0.1118] [Spread: 0.0058] [Last: 0.1118] [24hVol: 49.66689507] [7dAvg: 0.1096124]
Diablo-D3: BTC-Mining: you're late paying again
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1.5BTC] (since: 2012-06-1) paid: 0.32565895 BTC. Last price: 0.60499997 BTC. Capital gain: -0.89500003 BTC. Total: -0.56934108 BTC. (-38%)
BTC-Mining: How so is BTC-BOND not looking healthy?
BTC-Mining: Hey, can't only blame the mining sector losing value. You got to trade and cut losses.
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.39500003 BTC. Total: 0.08617593 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1.5BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.89500003 BTC. Total: -0.41382407 BTC. (-27.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.39500003 BTC. Total: 0.08617593 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1.5BTC] (since: 2012-06-01) paid: 0.32565895 BTC. Last price: 0.60499997 BTC. Capital gain: -0.89500003 BTC. Total: -0.56934108 BTC. (-38%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
Bugpowder: usagi, what about the dividend payouts from gigamining during that time?
assbot: NYAN.A [1@1BTC] paid: 0.09 BTC. Last price: 0.99 BTC. Capital gain: -0.01 BTC. Total: 0.08 BTC. (8%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: CPA [1@0.1BTC] paid: 0.00569688 BTC. Last price: 0.034 BTC. Capital gain: -0.066 BTC. Total: -0.06030312 BTC. (-60.3%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@1BTC] paid: 0.10922454 BTC. Last price: 0.40000001 BTC. Capital gain: -0.59999999 BTC. Total: -0.49077545 BTC. (-49.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NASTY [1@0.8BTC] (since: 2012-08-05) paid: 0.01422903 BTC. Last price: 0.4539 BTC. Capital gain: -0.3461 BTC. Total: -0.33187097 BTC. (-41.5%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.C [1@1BTC] paid: 0.14927771 BTC. Last price: 0.25 BTC. Capital gain: -0.75 BTC. Total: -0.60072229 BTC. (-60.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN [1@1BTC] paid: 0.08033233 BTC. Last price: 0.6 BTC. Capital gain: -0.4 BTC. Total: -0.31966767 BTC. (-32%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@0.5BTC] (since: 2012-08-05) paid: 0.07135279 BTC. Last price: 0.40000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.0286472 BTC. (-5.7%)
Luceo: 5.7% is also pretty much exactly the movement in BTC isn't it?
Luceo: Valuing shares at NAV regardless of past performance makes me cry
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.45BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.34999999 BTC. Total: -0.33498899 BTC. (-74.4%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.A [1@1BTC] paid: 0.09 BTC. Last price: 0.99 BTC. Capital gain: -0.01 BTC. Total: 0.08 BTC. (8%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: YABMC [1@0.14BTC] (since: 2012-08-05) paid: 0.02337128 BTC. Last price: 0.07034002 BTC. Capital gain: -0.06965998 BTC. Total: -0.0462887 BTC. (-33.1%)
Luceo: I think I'm about 2% down on usagi-related shares, maybe less than that
Luceo: And most of the loss was on YARR (bought at 1.25, returned 1)
Luceo: and about .17 in divs
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@0.9BTC] (since: 2012-08-05) paid: 0.132775 BTC. Last price: 0.60499997 BTC. Capital gain: -0.29500003 BTC. Total: -0.16222503 BTC. (-18%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.39500003 BTC. Total: 0.08617593 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: DMC [1@1BTC] paid: 0.02635814 BTC. Last price: 0.055 BTC. Capital gain: -0.945 BTC. Total: -0.91864186 BTC. (-91.9%)
assbot: [MPEX] [S.MPOE] 9566 @ 0.00036422 = 3.4841 BTC [+]
assbot: [MPEX] [S.MPOE] 1100 @ 0.00036605 = 0.4027 BTC [+]
assbot: [MPEX] [S.MPOE] 10334 @ 0.0003661 = 3.7833 BTC [+]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: DMC [1@0.45BTC] (since: 2012-08-05) paid: 0 BTC. Last price: 0.055 BTC. Capital gain: -0.395 BTC. Total: -0.395 BTC. (-87.8%)
Diablo-D3: usagi: I may continue not paying dividends
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.A [1@1BTC] (since: 2012-08-05) paid: 0.09 BTC. Last price: 0.99 BTC. Capital gain: -0.01 BTC. Total: 0.08 BTC. (8%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.B [1@1BTC] (since: 2012-08-05) paid: 0.16081227 BTC. Last price: 0.96999999 BTC. Capital gain: -0.03000001 BTC. Total: 0.13081226 BTC. (13.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMMO [1@0.14BTC] (since: 2012-08-05) paid: 0.01673604 BTC. Last price: 0.04 BTC. Capital gain: -0.1 BTC. Total: -0.08326396 BTC. (-59.5%)
Enky: good evening fellas
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.35BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.24999999 BTC. Total: -0.23498899 BTC. (-67.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.25BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.14999999 BTC. Total: -0.13498899 BTC. (-54%)
PsychoticBoy: but I thought you said mining companies droped 50% but if you had bought ABM in June you had paid .22 and then with a sale at .45 you would gain 110%
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.2BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.08498899 BTC. (-42.5%)
assbot: [MPEX] [F.GIGA.ETF] 7000 @ 0.00044183 = 3.0928 BTC [-]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@0.5BTC] (since: 2012-08-05) paid: 0.07135279 BTC. Last price: 0.40000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.0286472 BTC. (-5.7%)
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.02069624 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.02899999 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.029 = 2.9 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.02918169 = 0.1167 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 10 @ 0.0299995 = 0.3 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 50 @ 0.0299995 = 1.5 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 372 @ 0.03 = 11.16 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.03 = 0.06 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 9 @ 0.03798 = 0.3418 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 469 @ 0.03799 = 17.8173 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 32 @ 0.038 = 1.216 BTC [+]
BTC-Mining: EskimoBob, probably because the mining companies have a large profit and sell fixed mhash/s bond. The bonds lose value and so do the investors, but the company does not.
BTC-Mining: and for the few actual companies, they have GPU. Untransferable to FPGA/ASIC.
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.01902 = 0.038 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 10 @ 0.019 = 0.19 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.018 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 20 @ 0.01702 = 0.3404 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.017 = 1.7 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.01502 = 0.03 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.01189875 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.0113467 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.01004 = 0.0402 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 20 @ 0.01002001 = 0.2004 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.01002 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 5 @ 0.01 = 0.05 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 40 @ 0.01 = 0.4 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00945546 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00795903 = 0.0159 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.007 = 0.7 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.006102 = 0.6102 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 48 @ 0.00514864 = 0.2471 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 6 @ 0.00456759 = 0.0274 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 96 @ 0.00232906 = 0.2236 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.002 = 0.2 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 140 @ 0.00194476 = 0.2723 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5601 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.56 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5564 BTC [-]
assbot: [GLBSE] [GIGAMINING] 8 @ 0.5563 = 4.4504 BTC [-]
assbot: [GLBSE] [GIGAMINING] 4 @ 0.5562 = 2.2248 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.556001 = 1.112 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 52 @ 0.00194476 = 0.1011 BTC [-]
assbot: [GLBSE] [GIGAMINING] 3 @ 0.556 = 1.668 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 198 @ 0.01 = 1.98 BTC [+]
assbot: [MPEX] [S.MPOE] 36900 @ 0.00036578 = 13.4973 BTC [-]
BTC-Mining: Hopefully if he switches to being a mining company, he'll stop losing so much.
assbot: [GLBSE] [HYDRO.BONDS] 4 @ 1.4 = 5.6 BTC [-]
assbot: [GLBSE] [BDK.BND] 34 @ 0.02502 = 0.8507 BTC [+]
assbot: [GLBSE] [BDK.BND] 2 @ 0.02501 = 0.05 BTC [-]
assbot: [GLBSE] [BDK.BND] 54 @ 0.025 = 1.35 BTC [-]
PsychoticBoy: <usagi> LIke we have 210 shares of ABM. That's 21% of the company o_o << your my bigest share holdert
assbot: [GLBSE] [BITBOND] 1 @ 0.17500001 BTC [-]
assbot: [GLBSE] [BITBOND] 2 @ 0.175 = 0.35 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.175 BTC [-]
assbot: [MPEX] [S.MPOE] 45330 @ 0.0003661 = 16.5953 BTC [+]
PsychoticBoy: lets see what happens after block cut and asics, then I will decide what to do with ABM
assbot: [GLBSE] [ASICMINER] 2 @ 0.106 = 0.212 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.10551 BTC [-]
assbot: [GLBSE] [ASICMINER] 10 @ 0.1055 = 1.055 BTC [-]
assbot: [GLBSE] [NASTY] 2 @ 0.45389987 = 0.9078 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.45389999 BTC [+]
assbot: [GLBSE] [ASICMINER] 10 @ 0.1055 = 1.055 BTC [-]
assbot: [GLBSE] [NASTY] 3 @ 0.4539 = 1.3617 BTC [+]
assbot: [GLBSE] [ASICMINER] 5 @ 0.1055 = 0.5275 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.4539 BTC [+]
BTC-Mining: Great. I rolled back my driver on my wifi card and my connection stopped being slow.
Bugpowder: Oh lord, some kids are gonna blow up their bitcoin account...
http://bit4x.com Available leverages: 1:1, 2, 5, 10, 20, 25, 33, 50, 66, 75, 100, 125, 150, 200, 300, 400, 500, 1000
assbot: [MPEX] [S.MPOE] 11636 @ 0.0003661 = 4.2599 BTC [+]
assbot: [MPEX] [S.DICE] 10092 @ 0.0034 = 34.3128 BTC [+]
assbot: [GLBSE] [GOLD] 50 @ 0.00999999 = 0.5 BTC [+]
Bugpowder: looks cool though! I don't have the desire to get my dick chopped off trading forex again though.
assbot: [MPEX] [S.DICE] 90829 @ 0.0034 = 308.8186 BTC [+]
Bugpowder: people gettin' on the S.DICE train
knotwork_: If all mining assets lost money does that mean prfoably miners in general have all been losing money or just that mining assets are scams set up to scam investors but make profit for the actual miner offering the asset?
copumpkin: they just aren't a particularly good investment
Bugpowder: no it means the share price is falling to the expected future payout amount
copumpkin: share prices mean nothing on glbse
agath: I think that most of the mining companies are good in configuring computers, but not at all to make a strategy / business plan.
copumpkin: that doesn't mean people don't take them seriously though
copumpkin: so in a perverse sense, they mean more because of it
rdponticelli: If nobody is mining, and we aren't financing mining, there's no bitcoin
Bugpowder: with reward halving coming and difficulty ramping, people are realizing that there won't be that much in dividends coming out in a few months
agath: if done the right way, mining is very profitable. But all or almost all the mining companies are losing...
knotwork_: its hard to believe they are serious if they don't even merged mine as they thus deliberately leave money on the table
agath: example: pyramining is going strong
agath: and maybe gigamining, which I don't know very very well..
Bugpowder: just do the math on the hash rate and their equipment and some expected future growth curves
knotwork_: or do they do like some pools and simply keep their merded mined coins to their own private purses?
Bugpowder: most mining companies are still overvalued
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BTC-MINING [1@1BTC] paid: 0.27012647 BTC. Last price: 0.921 BTC. Capital gain: -0.079 BTC. Total: 0.19112647 BTC. (19.1%)
Bugpowder: Whoever gets their asics first though... that will be the big winner
agath: having a very short period of quite high income doesn't mean it's a win
agath: the win is in long term
agath: that it's normal, not a win
Bugpowder: you could be paying 25% divvy a week
agath: in a good business plan even when you get asics last, you win....
rdponticelli: Anyway, you bought the stock with a BTC which was worth half what is worth now
Bugpowder: agath, sometimes the only way to win is not to play
Bugpowder: if you are getting in line for BFL now, I think you are totally fucked
agath: I'm playing and so far winning, without needing strategies like "first asic out"
rdponticelli: If you would have not inested, it won't have apreciated
agath: who cares for BFL?
Bugpowder: wait, isn't pyramining a ponzi scheme though?
agath: it isn't... read better
novusordo: so considering that the SEC used #bitcoin-otc to get emails for BTCST, it's very likely that they're in this channel right now
Bugpowder: SEC should focus on major crimes... BOA, WFC, JPM.
agath: is it mining a crime?
rg: what's more likely is someone who's mad gave them all the info
agath: Angelo Mozilo seems the name of an italian made browser
Bugpowder: On Friday October 15, 2010, Mozilo reached a settlement with Securities and Exchange Commission, over securities fraud and insider trading charges. Mozilo agreed to pay $67.5 million in fines
Bugpowder: This fine represents a small fraction of Mozilo's estimated net worth of $600 million. Countrywide will pay $20 million of the $67.5 million penalty because of an indemnification agreement that was part of Mozillo's employment contract.
Bugpowder: what is the point of the SEC if you aren't going to lock the real fuckers up
PsychoticBoy: ok, isnt it an option to get rid of move.to and add another asset to its portfolio?
assbot: [GLBSE] [OBSI.HRPT] 50 @ 0.03 = 1.5 BTC [+]
PsychoticBoy: ok so then I dont get the problem you closing due to move.to
assbot: [MPEX] [S.MPOE] 29700 @ 0.00036653 = 10.8859 BTC [+]
assbot: [GLBSE] [GSDPT] 5 @ 0.0035 = 0.0175 BTC [-]
assbot: [GLBSE] [GSDPT] 5 @ 0.0035 = 0.0175 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.24989966 BTC [+]
Obsi: usagi: FUTUREFUND is worth 0
Obsi: it was closed out and delisted, can't be traded from what I know
assbot: [GLBSE] [BDK.BND] 22 @ 0.02502 = 0.5504 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.0109 = 0.0218 BTC [-]
assbot: [MPEX:B.MPCD.B] 1day: 0.00099998 / 0.00100051 / 0.00100157 (60000 shares, 60.03 BTC), 30day: 0.00099998 / 0.00101132 / 0.00102622 (504009 shares, 509.72 BTC)
assbot: [GLBSE] [BDK.BND] 1 @ 0.02502 BTC [+]
assbot: [GLBSE] [BDK.BND] 21 @ 0.025 = 0.525 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.01100001 = 0.022 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.011 = 0.044 BTC [-]
assbot: [MPEX] [S.MPOE] 17700 @ 0.00036629 = 6.4833 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 66 @ 0.011 = 0.726 BTC [-]
dub: because people can show problems with your accounting?
dub: because you play weird identity games?
BTC-Mining: Erhm, you're not a deposit taker as far as I know?
BTC-Mining: So how is that relevent? Other than deposit takes, plenty are not defaulting.
knotwork_: Are puts and calls both actually the exact same thing with the pair reversed? So e.g. a USD/BTC put is equally referrable to as a BTC/USD call?
BTC-Mining: [17:29] <usagi> lolz dub, people who don't understand accrual or cost basis accounting should be banned from the forums
BTC-Mining: Isn't it you who claims all stock markets are a zero/negative sum game?
knotwork: I am windering because if so, coding need not code two separate strategies one to offer puts one to offer calls, instead just reversing the pair the exact same code could be used
BTC-Mining: knotwork, I am unsure what you mean but...
BTC-Mining: with calls, the lower under the stock price it goes, the better, opposite for puts.
knotwork: well if you obligate me to buy X at a cetrain price as denominated in Y, isnt that the same as obligating me to sell Y to you at a certain price denominated in X ?
BTC-Mining: Hmm... formula for call is (Current price - Struck price)/current price
knotwork: BTC-Mining well for eample if you buy from me a put entitling you to put 10 IBM for 1 AAPL on certain date, isnt that the same as buying a call entitling you to buy 1 AAPL for 10 IBM at that same date?
knotwork: or if you but a put entitling you to sell me 12 dollars for 1 bitcoin on a certain date, isnt that identical to buying a call entitling you to buy 1 bitcoin from me for 12 dollars on that date?
knotwork: no this is generically for code to handle puts and calls of any X priced in terms of any Y
knotwork: it seems to me at a glance that a put to sell X for a price in Y is identical to a call to buy Y at a price in X
knotwork: I suspect favourite/local currency preference is only reason it does not work that way most places
knotwork: since most places have one asset they think of as "money" and all other assets are "commodities" or "foreign currencies" to buy and sell with prices expressed in the "local favourite"
knotwork: but if you are agnostic about assets, as Open Transactions is, any asset can be used to buy any other asset
knotwork: no forcing people to do two trades, one from asset A into local currency asset then another to buy asset B with that local currency
BTC-Mining: Example, if I buy a call option struck at 1 USD/BTC and the price is currently 12 USD/BTC when redeemed, the redeem value is (12 - 1)/12 = 0.91666667 BTC
knotwork: instead just directly offer a price for B expressed in A
BTC-Mining: Which is confusing me because that's now how I understood options but anyway.
knotwork: I suspect a big reason for intruding local currency between all assets is simply to double the fees
knotwork: since the house takes a fee on each trade, they prefer you sell A for local currency paying a fee then buy B paying a fee instead of just trading A for B
knotwork: also of course they like the fee to be in local currency maybe not some tiny bit of A and/or B neither of which they may be particularly fond of
assbot: [GLBSE] [RSM] 1 @ 0.2726 BTC [-]
assbot: [GLBSE] [RSM] 1 @ 0.2725 BTC [-]
assbot: [GLBSE] [RSM] 5 @ 0.272 = 1.36 BTC [-]
assbot: [GLBSE] [RSM] 2 @ 0.27 = 0.54 BTC [-]
assbot: [GLBSE] [RSM] 2 @ 0.267 = 0.534 BTC [-]
assbot: [GLBSE] [RSM] 10 @ 0.263 = 2.63 BTC [-]
assbot: [GLBSE] [RSM] 5 @ 0.262 = 1.31 BTC [-]
knotwork: I am actually surprised that just the lack of percentage fees in Open Transactions isnt causing customers to be pressing hard for development of the clients to make it easier for them to take advantage of the lack of percentage fees on all trades
Bugpowder: great I cannot sell anything on MPEX
Bugpowder: can anyone execute a sell order on MPEX right now?
Bugpowder: Can anyone else sell a share on MPEX? I'm getting an 'insufficient funds' message.
rg: do you uh... have funds in it
Bugpowder: I have shares. Can't sell a single share of any asset
Bugpowder: though I only have .0007 BTC in account
Bugpowder: but that should still be enough to pay for it
mod6: you still might have to cover a trade fee
assbot: [MPEX] [F.GIGA.ETF] 2500 @ 0.00044183 = 1.1046 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 5200 @ 0.00044183 = 2.2975 BTC [-]
BTC-Mining: so it can cover a 0.35 sale. Guess that's enough for almost anything
assbot: [GLBSE] [BMF] 1 @ 0.48999996 BTC [+]
assbot: [GLBSE] [ASICMINER] 13 @ 0.1099999 = 1.43 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 400 @ 0.00044183 = 0.1767 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 4211 @ 0.00044183 = 1.8605 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 3200 @ 0.00044183 = 1.4139 BTC [-]
dub: jesus H crimminey christ in a crimson cabriolet, its international blasphemy day
assbot: [GLBSE] [BDK.BND] 9 @ 0.02502 = 0.2252 BTC [+]
assbot: [GLBSE] [BDK.BND] 96 @ 0.025 = 2.4 BTC [-]
assbot: [GLBSE] [BDK.BND] 95 @ 0.01253 = 1.1904 BTC [-]
assbot: [GLBSE] [GSDPT] 200 @ 0.003799 = 0.7598 BTC [+]
assbot: [GLBSE] [GMVT-BOT] 1 @ 0.13999898 BTC [+]
assbot: [GLBSE] [GMVT-BOT] 19 @ 0.13999899 = 2.66 BTC [+]
assbot: [GLBSE] [NASTY] 6 @ 0.4539 = 2.7234 BTC [+]
Bugpowder: Since the SEC has no balls, glad Schneiderman does
assbot: [GLBSE] [BFLS.RIG] 1 @ 0.88799999 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 2 @ 0.888 = 1.776 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 3 @ 0.8989 = 2.6967 BTC [+]
assbot: [MPEX] [S.MPOE] 28264 @ 0.00036629 = 10.3528 BTC [-]
assbot: [MPEX] [S.MPOE] 22000 @ 0.00036578 = 8.0472 BTC [-]
assbot: [MPEX] [S.MPOE] 18371 @ 0.00036546 = 6.7139 BTC [-]
assbot: [GLBSE] [BIB.BVPS] 10 @ 0.00389 = 0.0389 BTC [-]
assbot: [GLBSE] [BMF] 1 @ 0.40100001 BTC [-]
assbot: [MPEX] [S.MPOE] 27000 @ 0.00036653 = 9.8963 BTC [+]
assbot: [MPEX] [S.MPOE] 30626 @ 0.00036664 = 11.2287 BTC [+]
assbot: [MPEX] [S.MPOE] 6374 @ 0.0003671 = 2.3399 BTC [+]
assbot: [GLBSE] [SILVER] 1 @ 0.00999998 BTC [+]
assbot: [GLBSE] [ASICMINER] 5 @ 0.10810001 = 0.5405 BTC [-]
assbot: [GLBSE] [ASICMINER] 9 @ 0.1081 = 0.9729 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.10706 = 0.2141 BTC [-]
assbot: [GLBSE] [ASICMINER] 3 @ 0.1061 = 0.3183 BTC [-]
assbot: [GLBSE] [ASICMINER] 7 @ 0.1061 = 0.7427 BTC [-]
assbot: [GLBSE] [ASICMINER] 10 @ 0.106 = 1.06 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 9497 @ 0.00044184 = 4.1962 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1003 @ 0.00044184 = 0.4432 BTC [+]
assbot: [GLBSE] [ASICMINER] 3 @ 0.105001 = 0.315 BTC [-]
assbot: [GLBSE] [SYNERGY] 2 @ 0.08 = 0.16 BTC [-]
assbot: [GLBSE] [GOLD] 1 @ 0.0095 BTC [-]
assbot: [GLBSE] [GOLD] 17 @ 0.00920001 = 0.1564 BTC [-]
assbot: [GLBSE] [MU] 1 @ 0.1899 BTC [-]
assbot: [GLBSE] [FDBF] 20 @ 0.149253 = 2.9851 BTC [+]
assbot: [GLBSE] [ASICMINER] 5 @ 0.11139999 = 0.557 BTC [+]
assbot: [GLBSE] [ASICMINER] 6 @ 0.1114 = 0.6684 BTC [+]
assbot: [GLBSE] [ASICMINER] 2 @ 0.1115 = 0.223 BTC [+]
assbot: [MPEX] [S.MPOE] 8429 @ 0.00036546 = 3.0805 BTC [-]
assbot: [MPEX] [S.MPOE] 44271 @ 0.0003652 = 16.1678 BTC [-]
assbot: [GLBSE] [ASICMINER] 6 @ 0.1114 = 0.6684 BTC [-]
assbot: [GLBSE] [TEEK.USD] 1 @ 0.0777 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 689 @ 0.00044183 = 0.3044 BTC [-]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.43334 BTC [-]
assbot: [GLBSE] [FPGAMINING] 2 @ 0.43284 = 0.8657 BTC [-]
assbot: [GLBSE] [FPGAMINING] 9 @ 0.4101 = 3.6909 BTC [-]
assbot: [GLBSE] [FPGAMINING] 4 @ 0.41 = 1.64 BTC [-]
assbot: [GLBSE] [PUREMINING] 1 @ 0.10169999 BTC [-]
assbot: [GLBSE] [PUREMINING] 1 @ 0.1017 BTC [+]
mircea_popescu: knotwork no they're not identical, they're opposite really.
knotwork: you buying from me IS me selling to you surely?
mircea_popescu: yes. but if i buy a put that means i make money if price goes under strike
mircea_popescu: if you buy a sell that means you make money if price goes over strike
knotwork: I meant, given you are buying a call or put, what is different between you buying a put USD for price in BTC or you buying a call BTC for corresponding price in USD?
knotwork: possibly the asset in which you pay the fee
assbot: [GLBSE] [BFLS.RIG] 3 @ 0.975 = 2.925 BTC [+]
knotwork: but you could pay the fee in bubblegum or francs or anything, how much you pay for the option does not change the option itself
knotwork: it seems like my code for how to handle/resolve a call of X priced in Y should be identical to my code for how to handle a put of Y priced in X
knotwork: just switch the X and Y to switch between call and put
knotwork: ok good. as what I am trying to figure out is generic code for asset A and asset B calls and puts for any A and B
knotwork: with any price you pay to buy the option being payable in any asset at all probably
knotwork: like hey I will pay one AAPL for an option to sell 100 IBM for 50 CISCO
knotwork: mostly trying to figure out how much of what such a contract would have to take into its internal variables as collateral to be sure it can pay out come payout time
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.01230375 = 0.0246 BTC [+]
assbot: [MPEX] [S.MPOE] 56457 @ 0.00036596 = 20.661 BTC [+]
assbot: [GLBSE] [NYAN.B] 3 @ 0.21140027 = 0.6342 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.2114 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.2112 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.211 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.2108 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.2106 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.2104 BTC [-]
assbot: [GLBSE] [NYAN.B] 2 @ 0.2102 = 0.4204 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.21 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.21140028 BTC [+]
assbot: [GLBSE] [NYAN.B] 9 @ 0.21 = 1.89 BTC [-]
assbot: [GLBSE] [DMC] 1 @ 0.05 BTC [-]
assbot: [GLBSE] [NYAN.C] 2 @ 0.12070001 = 0.2414 BTC [-]
assbot: [GLBSE] [NYAN.C] 1 @ 0.1207 BTC [-]
assbot: [GLBSE] [NYAN.C] 6 @ 0.1205 = 0.723 BTC [-]
assbot: [GLBSE] [NYAN.C] 8 @ 0.1002 = 0.8016 BTC [-]
assbot: [GLBSE] [NYAN.C] 40 @ 0.1 = 4 BTC [-]
assbot: [GLBSE] [MMM] 4 @ 0.6 = 2.4 BTC [+]
BTC-Mining: Looking for stocks to buy. Over 200 BTC available.
assbot: [MPEX] [S.MPOE] 12936 @ 0.00036644 = 4.7403 BTC [+]
assbot: [MPEX] [S.MPOE] 8747 @ 0.0003652 = 3.1944 BTC [-]
assbot: [MPEX] [S.MPOE] 15100 @ 0.00036495 = 5.5107 BTC [-]
assbot: [MPEX] [S.MPOE] 18617 @ 0.00036413 = 6.779 BTC [-]
assbot: [GLBSE] [ZETA-MINING] 1 @ 0.14210003 BTC [-]
assbot: [GLBSE] [MMM] 1 @ 0.6 BTC [+]
assbot: [GLBSE] [ASICMINER] 1 @ 0.11038498 BTC [-]
assbot: [GLBSE] [ASICMINER] 6 @ 0.11038498 = 0.6623 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.11038499 = 0.2208 BTC [+]
assbot: [GLBSE] [ZETA-MINING] 2 @ 0.14210002 = 0.2842 BTC [-]
assbot: [MPEX] [S.DICE] 14705 @ 0.0034 = 49.997 BTC [+]
assbot: [GLBSE] [GSDPT] 10 @ 0.0038 = 0.038 BTC [+]
assbot: [GLBSE] [GSDPT] 10 @ 0.00388 = 0.0388 BTC [+]
assbot: [GLBSE] [BIB.BVPS] 1 @ 0.00389 BTC [-]
assbot: [GLBSE] [GSDPT] 60 @ 0.00388 = 0.2328 BTC [+]
assbot: [GLBSE] [YABMC] 4 @ 0.07849999 = 0.314 BTC [+]
assbot: [GLBSE] [YABMC] 15 @ 0.0785 = 1.1775 BTC [+]
mircea_popescu: Has anybody else noticed the contracts os assets on MPEx are much better than the ones on GLBSE? I don't want to get into a debate about exchanges, but having a decent and detailed contract is a good sign for an asset.
assbot: [GLBSE] [GIGAMINING] 2 @ 0.55720001 = 1.1144 BTC [+]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5572 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5572 BTC [-]
assbot: [GLBSE] [GIGAMINING] 3 @ 0.557 = 1.671 BTC [-]
assbot: [GLBSE] [GSDPT] 27 @ 0.00388 = 0.1048 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.07947 BTC [+]
assbot: [GLBSE] [YABMC] 3 @ 0.0795 = 0.2385 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.0797 BTC [+]
assbot: [GLBSE] [YABMC] 3 @ 0.0797 = 0.2391 BTC [+]
assbot: [GLBSE] [YABMC] 11 @ 0.079705 = 0.8768 BTC [+]
assbot: [GLBSE] [YABMC] 25 @ 0.07970999 = 1.9927 BTC [+]
assbot: [GLBSE] [YABMC] 5 @ 0.07971 = 0.3986 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.07971 BTC [+]
assbot: [MPEX] [S.MPOE] 5400 @ 0.0003643 = 1.9672 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.01187783 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.01145191 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 13 @ 0.011 = 0.143 BTC [-]
assbot: [GLBSE] [GSDPT] 42 @ 0.00388 = 0.163 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 57 @ 0.011 = 0.627 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 11 @ 0.0100101 = 0.1101 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 80 @ 0.01001 = 0.8008 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.01 = 1 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1114 @ 0.01 = 11.14 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.009002 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 637 @ 0.009 = 5.733 BTC [-]
assbot: [GLBSE] [ASICMINER] 7 @ 0.10710002 = 0.7497 BTC [-]
assbot: [GLBSE] [ASICMINER] 4 @ 0.10710001 = 0.4284 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.107 = 0.214 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.10500101 = 0.525 BTC [-]
assbot: [GLBSE] [ASICMINER] 4 @ 0.10500101 = 0.42 BTC [-]
assbot: [GLBSE] [ASICMINER] 3 @ 0.10500101 = 0.315 BTC [-]
assbot: [GLBSE] [GSDPT] 119 @ 0.00388 = 0.4617 BTC [+]
assbot: [GLBSE] [GSDPT] 480 @ 0.003888 = 1.8662 BTC [+]
BTC-Mining: And now OBSI pays 0% dividends it seems
assbot: [GLBSE] [GSDPT] 78 @ 0.003888 = 0.3033 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 113 @ 0.009 = 1.017 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 87 @ 0.0081 = 0.7047 BTC [-]
mircea_popescu: what i'm curious about is, how the hell is usagi planning to unwind the MIDDLE of what was supposedly a cdo
BTC-Mining: I'm pretty sure it was expected by now. Didn't you short some OBSI?
mircea_popescu: BTC-Mining cvovered in the meanwhile. but yes, shorted 8-9 covered at 02 lol
assbot: [MPEX] [S.MPOE] 5583 @ 0.00036413 = 2.0329 BTC [-]
assbot: [MPEX] [S.MPOE] 47239 @ 0.00036396 = 17.1931 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.0159213 BTC [+]
mircea_popescu: and apparently even that is a bridge too far for most ppl
BTC-Mining: Aye, but in BTC-BOND's case, I'd better manage the portfolio well.
BTC-Mining: I have much bigger incentives than regular funds.
BTC-Mining: Most of it is my personal portfolio. Any loss eats into it first.
BTC-Mining: Fund manager still earn more on a portfolio which does better.
BTC-Mining: But there's no actuall loss for them if it's mismanaged.
BTC-Mining: Except for a lower share of the dividends.
BTC-Mining: It's almost a miracle I maaged to grow while the market was shrinking, without shorting.
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.00044183 = 0.4418 BTC [-]
assbot: [GLBSE] [BTC-BOND] 1 @ 0.00989 BTC [+]
assbot: [GLBSE] [BFLS] 5 @ 0.5 = 2.5 BTC [+]
assbot: [GLBSE] [BFLS] 2 @ 0.5 = 1 BTC [+]
assbot: [GLBSE] [BFLS] 2 @ 0.54995 = 1.0999 BTC [+]
assbot: [GLBSE] [BFLS] 8 @ 0.72 = 5.76 BTC [+]
assbot: [GLBSE] [BFLS] 1 @ 0.74 BTC [+]
assbot: [GLBSE] [BFLS] 2 @ 0.79 = 1.58 BTC [+]
assbot: [GLBSE] [BFLS] 2 @ 0.799 = 1.598 BTC [+]
assbot: [GLBSE] [GSDPT] 1 @ 0.003888 BTC [+]
assbot: [GLBSE] [BFLS] 2 @ 0.799 = 1.598 BTC [+]
assbot: [GLBSE] [BFLS] 1 @ 0.88 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1900 @ 0.00044182 = 0.8395 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 4100 @ 0.00044182 = 1.8115 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.59999999 = 1.2 BTC [+]
assbot: [GLBSE] [GSDPT] 941 @ 0.003888 = 3.6586 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.24959996 BTC [-]
assbot: [GLBSE] [GSDPT] 1542 @ 0.00388888 = 5.9967 BTC [+]
assbot: [GLBSE] [CPA] 2 @ 0.034 = 0.068 BTC [-]
assbot: [GLBSE] [CPA] 20 @ 0.0331 = 0.662 BTC [-]
assbot: [GLBSE] [CPA] 20 @ 0.0331 = 0.662 BTC [-]
assbot: [GLBSE] [SILVER] 4 @ 0.00999999 = 0.04 BTC [+]
assbot: [MPEX] [S.BVPS] 500 @ 0.00351 = 1.755 BTC [+]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00036414 = 0.7283 BTC [+]
assbot: [MPEX] [S.MPOE] 8961 @ 0.00036396 = 3.2614 BTC [-]
assbot: [MPEX] [S.MPOE] 23600 @ 0.00036301 = 8.567 BTC [-]
assbot: [MPEX] [S.MPOE] 16039 @ 0.00036263 = 5.8162 BTC [-]
assbot: [GLBSE] [CPA] 20 @ 0.0331 = 0.662 BTC [-]
assbot: [GLBSE] [PUREMINING] 2 @ 0.1017 = 0.2034 BTC [+]
assbot: [GLBSE] [ASICMINER] 1 @ 0.11049991 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.00044182 = 0.4418 BTC [-]
assbot: [GLBSE] [ASICMINER] 6 @ 0.11029989 = 0.6618 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.11029989 = 0.5515 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 6 @ 0.008 = 0.048 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.008 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00766014 = 0.0153 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00738504 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00695626 = 0.0139 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00545 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00493982 = 0.0099 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.00407394 = 0.0163 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00384931 = 0.0077 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.00330422 = 0.0132 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.002725 = 0.0055 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 8 @ 0.0023859 = 0.0191 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 8 @ 0.00221018 = 0.0177 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 94 @ 0.003 = 0.282 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.004 = 0.4 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.005 = 0.5 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.006 = 0.6 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 10300 @ 0.00044182 = 4.5507 BTC [+]
Diablo-D3: nefario really is going to get a scammer tag
Diablo-D3: maged is giving him one more chance to pull his head out of his ass
Diablo-D3: nefario refuses to send goat his btc that have nothing to do with tygrr assets
Diablo-D3: not only would nefario get a scammer tag, all glbse links get scammer tagged too
Diablo-D3: I dont know what the hell happened
mircea_popescu: people keep asking me what i have against glbse. WELL THIS. why not just fucking make sense.
Diablo-D3: I wonder if nefario stole all the money
guruvan: it's not the first time nefario has pulled this shit with goat
Diablo-D3: EskimoBob: it would take him 5 seconds with a perl script to find out
Diablo-D3: unless he isnt logging all transactions, which makes him a scammer
assbot: [GLBSE:BDK.BND] [Bid: 0.02500001] [Ask: 0.0495] [Spread: 0.02449999] [Last: 0.04] [24hVol: 20.44668999] [7dAvg: 0.04883857]
guruvan: last time he tried to get pirate to lock goat's account there
Diablo-D3: like thats the thing, remember how he didnt do an audit on me?
Diablo-D3: I wonder if glbse _doesnt_ keep a list of tx forever
Diablo-D3: mircea_popescu: well, Ive written shit like this, its trivial, but sometimes fucktards do fucktarded things
Diablo-D3: you dont even need to store the archived tx in the db, just dump them to a text list for perm storage
Diablo-D3: EskimoBob: no, I said I dont have access to it
Diablo-D3: EskimoBob: the csv link only gives you the previous x tx
Diablo-D3: EskimoBob: I didnt say the db didnt retain them
Diablo-D3: when I was active trading, it was about a month and a halfs worth
mircea_popescu: wait a second. wasn't someone saying they lent nefario 400 quid after the Great Conference Nobody Went To ?
guruvan: (side benefit to using MPEx....my history is all saved locally)
Diablo-D3: I mean, its easy to code, SORT BY date LIMIT 100 or whatever
guruvan: I know that nefario was looking for that loan
pigeons: EskimoBob is a turd sandwich
Diablo-D3: its too early in the morning to code
Diablo-D3: mircea_popescu: vim would have caught it ;)
guruvan: I guess you've just gotten to be nothing but bitter and foul now EskimoBob - sorry to see that
Diablo-D3: either way, if he doesnt retain all tx
Diablo-D3: seriously, just fuck him with a chainsaw gently
Diablo-D3: nothing is done on bitcoin if you move stuff from an asset subaccount to your main account
Diablo-D3: plus both accounts and subaccounts have their own bitcoin addresses
Diablo-D3: and you can gen a new one on demand
mircea_popescu: so basicalyl it's either that he stole customer funds and got drunk on themn, a la hayseed MF global
Diablo-D3: mircea_popescu: or hes just an asshat
mircea_popescu: yes, admitting he can't rather than just... is an asshat
Diablo-D3: Im sorry I ever IPO'ed DMC, really
mircea_popescu: Diablo-D3 not personal but : it's a skill and a profession this.
mircea_popescu: and if you do it naively you just get fucked and it ruins reputations, lives, etcv
assbot: [GLBSE] [GIGAMINING] 6 @ 0.59000001 = 3.54 BTC [+]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.59 BTC [-]
Diablo-D3: mircea_popescu: yeah well, nefario fucked us all then
mircea_popescu: just look at kludge. his pretense to be what he ain't fucked up his "non legal" marriage.
Diablo-D3: because this shit doesnt just stop here
Diablo-D3: it fucks everyone whos ever used bitcoin
mircea_popescu: Diablo-D3 the sensible have been taking their shit off glbse for months. the sane since august.
Diablo-D3: mircea_popescu: well, I bought half the DMC shares back
Diablo-D3: mircea_popescu: depends on the price
Diablo-D3: asicmining paying out will probably help a lot
Diablo-D3: I mean, nefario has done everything possible to fuck DMC
Diablo-D3: like, he didnt properly vet 1mhs bond selllers
Diablo-D3: so they flooded the market and fucked everyone's portfolios
Diablo-D3: EskimoBob: I only hold asicminer, btcmc, and btc-mining
assbot: [GLBSE] [YABMC] 2 @ 0.07899998 = 0.158 BTC [+]
mircea_popescu: Diablo-D3 this vetting problem becomes very serious now, as he refuses to vet SOME people.
Diablo-D3: mircea_popescu: well the mhash bond problem is this
Diablo-D3: when ASICs were announced, the mhash bond people flooded the market with bonds that didnt have hardware to back them
Diablo-D3: and semi-pyramid scheme paid out on them until they got their asic hardware
Diablo-D3: which then they'd end up with a huge sum of money, hardware, and a bunch of worthless mhash bonds they could buy back at a fraction
mircea_popescu: anyone with any sense would have seen this, and not allowed all the shit.
Diablo-D3: nefario did nothing to these people
Diablo-D3: yet he locked DMC's account for being victimized by it
guruvan: um....that's a little extreme Diablo-D3 - victimized? you were adequately warned here in this channel not to buy up that stuff.
Diablo-D3: guruvan: I was "warned" by people who I dont trust
Diablo-D3: mircea_popescu: and I dont trust you.
Diablo-D3: and EskimoBob is a troll, so trust doenst even enter into this
Diablo-D3: mircea_popescu: currently? no one.
mircea_popescu: not personal, but : if you don't trust anyone in the mkt you can't list.
Diablo-D3: I trusted nefario, and look where that went.
guruvan: but not as bad as trusting eveyone :D
mircea_popescu: guruvan fo sho. only women should trust everyone, and only if they plan on yearly pregnancies
assbot: [GLBSE] [YABMC] 4 @ 0.07899999 = 0.316 BTC [+]
Diablo-D3: anyhow, I may just buy back as much dmc as possible and see where we're at after that
guruvan: It's looking like several are deserved
assbot: [MPEX] [F.GIGA.ETF] 1188 @ 0.00044181 = 0.5249 BTC [-]
assbot: [MPEX] [S.MPOE] 11211 @ 0.00036179 = 4.056 BTC [-]
assbot: [MPEX] [S.MPOE] 15668 @ 0.00036158 = 5.6652 BTC [-]
guruvan: but I think there's only room for the one -0 tagging all GLBSE threads would be a good start
guruvan: agreed mircea_popescu - that would be the absolute best thing for DMC
Diablo-D3: EskimoBob: a company can buy back its own shares off the open market.
assbot: [MPEX] [B.MPCD.B] 33500 @ 0.00095464 = 31.9804 BTC [-]
assbot: [MPEX] [B.MPCD.B] 94000 @ 0.0009495 = 89.253 BTC [-]
guruvan: Diablo-D3: and if the company has cash, and nothing to spend it on, and shares are cheap, it should buy them back
Diablo-D3: guruvan: yes, and we have cash, nothing to sepdn it on, and the shares are cheap.
assbot: [GLBSE] [RUGATU] 3 @ 0.1 = 0.3 BTC [-]
assbot: [GLBSE] [GIGAMINING] 8 @ 0.58000001 = 4.64 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.58 BTC [-]
assbot: [GLBSE] [MERGEDMINING] 2 @ 0.06199999 = 0.124 BTC [-]
assbot: [GLBSE] [MERGEDMINING] 3 @ 0.062 = 0.186 BTC [+]
mircea_popescu: jesus kakobrekla they're ripping you a new one on the forums huh
Diablo-D3: EskimoBob: well, asicminer should be paying out nov or dec
Diablo-D3: so that'd be a nice chunk of change
Diablo-D3: well then what do you think the best asset on the market is?
assbot: [GLBSE] [PIMP] 5 @ 0.08999999 = 0.45 BTC [+]
Diablo-D3: yeah, but if I get any btc it goes directly into buying dmc
assbot: [MPEX] [B.MPCD.A] 33500 @ 0.00100076 = 33.5255 BTC [+]
assbot: [GLBSE] [YABMC] 5 @ 0.07899999 = 0.395 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.07899999 BTC [+]
Diablo-D3: even if btc goes up in value it doesnt make dmc shares go down in value
Diablo-D3: mircea_popescu: yeah, its just btcmc, btc-mining, and asicminer
mircea_popescu: well if btcv goes to 100 bux they will not stay the same btc
mircea_popescu: "afaik he considers his wife as an asset" ahahaha the ppl on the forum
mircea_popescu: ya, why isn't he selling HIS WIFE he;s not even married to in order to settle some internet monopoly money debt
Diablo-D3: mircea_popescu: hes selling his wife?
mircea_popescu: im sure she can cook, if you can't cook you can't be a wife
Diablo-D3: seriously though, I guess I could put half of the dmc assets up for sale
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.399999 BTC [+]
assbot: [GLBSE] [HYDRO.BONDS] 3 @ 1.4 = 4.2 BTC [+]
Diablo-D3: but btc going up in value doesnt cause dmc shares to go down in price
kakobrekla: mircea_popescu, yes, two dark worlds colliding
guruvan: Diablo-D3: long term yes, but short term, we see some movement out of securities with a rise in the exchange rate (for people wanting to trade BTC for USD for the anticipated drop)
guruvan: looks really awesome to me kakobrekla
assbot: [GLBSE] [GSDPT] 1 @ 0.0035 BTC [-]
assbot: [GLBSE] [GSDPT] 300 @ 0.0034 = 1.02 BTC [-]
assbot: [GLBSE] [GSDPT] 500 @ 0.0034 = 1.7 BTC [-]
assbot: [GLBSE] [GSDPT] 1000 @ 0.0034 = 3.4 BTC [-]
mircea_popescu: someone please explain that ito calculus wielding idiot that you don't unwind a cdo bottom up
Bugpowder: Just take everything and stick it in A
Bugpowder: why the fuck does C get assets from A and B?
Bugpowder: no "we can use the overflow from NYAN.A to help repair the shareholders of NYAN.C."
mircea_popescu: but in no event can C be paid anything if B is owed anything, and in no event can B be paid anything if A is owed anything
assbot: [MPEX] [S.MPOE] 10000 @ 0.00036447 = 3.6447 BTC [+]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.60089899 = 1.2018 BTC [+]
assbot: [GLBSE] [GSDPT] 200 @ 0.0034 = 0.68 BTC [-]
DeaDTerra: Time to balance the backing before the dividend
assbot: [GLBSE] [BTC-MINING] 1 @ 0.9312 BTC [-]
assbot: [GLBSE] [BTC-MINING] 1 @ 0.9311 BTC [-]
Diablo-D3: [10:17:26] <EskimoBob> oh look, .C becomes the proud owner of 2001 obsi.hrpt's.
Diablo-D3: thats what the world did to greece
Diablo-D3: steal all the real assets and move all the toxic ones into it
Diablo-D3: the whole goldman sachs fake mortgage paper scam
Bugpowder: that is not how I perceive greek financies
mircea_popescu: he does have a point. the us banks have been selling everyone, from us municipalities to foreign nations
Diablo-D3: greece is the one that ended up holding the bag on that
mircea_popescu: i wou;dnt go as far as that, but for sure there's a ton of misbehaviour
Diablo-D3: but hey, if our great leaders do that, why is it wrong for usagi to do it
Diablo-D3: "steal ALL the things \o/" -- goldman sachs motto
Diablo-D3: usagi: you're collapsing nyan.c for the lulz
Diablo-D3: the trolls say you are so it must be true
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@0.49BTC] (since: 2012-10-01) paid: 0.00199044 BTC. Last price: 0.48 BTC. Capital gain: -0.01 BTC. Total: -0.00800956 BTC. (-1.6%)
assbot: [GLBSE] [BFLS.RIG] 5 @ 0.81298522 = 4.0649 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 7 @ 0.8 = 5.6 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.1111 BTC [-]
mircea_popescu: Chaang-Noi are you like this when you're drunk or when you're sober ?
Chaang-Noi: i tried to do a good think with glbse and the btc assets stuff
Chaang-Noi: almost everyone including nefario hated me for it when i was his biggest support
Chaang-Noi: maged told me i was going to banned unless i did something he demanded in 48 hours...
assbot: [MPEX] [S.MPOE] 21990 @ 0.00036397 = 8.0037 BTC [-]
Chaang-Noi: and then maged covered for him and called a misunderstanind
Diablo-D3: nefario is going to end up with a scammer tag
Diablo-D3: Chaang-Noi: because he refuses to return the coins he stole from you
Diablo-D3: which also means all glbse links get automatically scammer tagged too
Diablo-D3: maged is pissed over the whole thing
Diablo-D3: Chaang-Noi: too bad you arent a forum mod like me
Diablo-D3: you're missing out on the shitstorm in the staff forum
Diablo-D3: its the only reason why Im a mod and not an admin
assbot: [GLBSE:DMC] [Bid: 0.02] [Ask: 0.05499999] [Spread: 0.03499999] [Last: 0.05] [24hVol: 0.05] [7dAvg: 0.07186227]
Diablo-D3: mircea_popescu: nope, technically I shouldnt even talk about it
Diablo-D3: but goats goat, and hes a cool guy
assbot: [GLBSE] [KRAKEN] 1 @ 0.00775 BTC [-]
assbot: [GLBSE:OBSI.HRPT] [Bid: 0.0032] [Ask: 0.00389453] [Spread: 0.00069453] [Last: 0.003] [24hVol: 87.13085903] [7dAvg: 0.03527857]
assbot: [GLBSE:BDK.BND] [Bid: 0.03000001] [Ask: 0.0495] [Spread: 0.01949999] [Last: 0.04] [24hVol: 20.44668999] [7dAvg: 0.04883857]
Bugpowder: I'm like slightly annoyed that I keep loosing 2% here 3% there, but at least I have gotten out of almost all the bullshit
Bugpowder: BDK.BND appears to have assets that support a NAV of 0.059, according to his spreadsheet.
mircea_popescu: Bugpowder lol 2-3% is a lot better than what people are doing
mircea_popescu: most of the hardcore glbse fans are literally -50% every quarter
Bugpowder: it's like buy OBSI, wait 2 days, panic sell for 8% loss
OneEyed: Bugpowder: I know. I bought some at 0.03 before going to work, and sold them at 0.04 right after, easy +30%…
BTC-Mining: I offer a very good protection margin against loss.
OneEyed: Bugpowder: I have asks at .03, you can sell me :)
Bugpowder: couldn't exit the whole position cause volume is too low
OneEyed: Eheh :) The 104 ones? Thanks :)
OneEyed: (I got 100 at 0.03, and someone sold me 4 at 0.02!)
OneEyed: If Kluge can reimburse (and it looks like it will), you'll get much more than that by holding them if you can't get a good price anyway!
OneEyed: I think he will pay much more
OneEyed: Nah, I just went out of GLBSE, I went back in to get some very cheap ones, I won't buy at more than .03, I'm sure someone will sell :)
assbot: [MPEX] [S.MPOE] 26011 @ 0.00036397 = 9.4672 BTC [-]
assbot: [MPEX] [S.MPOE] 12689 @ 0.00036158 = 4.5881 BTC [-]
BTC-Mining: EskimoBob, although most people who present facts/ask questions are often dismissed as troll on the forum. In your case, it's kind of understandable. Incompetence is not equal to scamming and you keep harassing people as scammers when you believe they are incompetent.
OneEyed: mircea_popescu: over what I bought; 100 * 0.03 * 1.005 + 2 * 0.02 = 3.055
BTC-Mining: But true enough, some OP dismiss anything other than "Let me give you all my money" as trolling.
OneEyed: Sold them for 104 * 0.04 = 4.16
OneEyed: Well, yeah, 10€, not much, but it took no time and no energy, I just like that :)
mircea_popescu: unless there's a way to safely take 10k usd + bets we are just dicking around
OneEyed: I just fill time between compilations and test runs
OneEyed: mircea_popescu: come on, we're talking about GLBSE, there is no way to make big bucks with such low liquidity, you know it :)
BTC-Mining: Usagi, DMC, etc. Scamming is technically the willingful conning of money for keeping it for yourself. In their case you believe they are incompetent which is not willingful or taking money for themselve, yet still go around tagging them as scammers.
mircea_popescu: BTC-Mining the difference between wilful and incompetent melts away in some cases
BTC-Mining: Or I might be wrong but I'm pretty sure you tagged them as scammers numerous times.
Bugpowder: the color of the undies when they realize they lost all the invested coins again
mircea_popescu: "tony rocky horror shoulda fucken known better" in the immortal words of
OneEyed: I'd tend to agree with EskimoBob here. I'm fan of "don't attribute to malice what can be explained by stupidity", but in the bitcointalk world it looks like malice is often present
fimp: where does one create a new contract on GLBSE? I don't see that option anywhere
OneEyed: usagi: I don't bother hashking? I even filed *criminal charges* against him to get my money back!
OneEyed: usagi: none, I haven't invested with you, nor accused you of anything, you must be confused. I only asked questions when I didn't understand your answer to posted facts. Check your logs :)
OneEyed: The fact that you seem to consider a gain as a loss because when you convert to USD (which is not everyone's currency btw) this shows a gain?
assbot: [GLBSE] [JLP-BMD] 32 @ 0.0711 = 2.2752 BTC [+]
OneEyed: I'm not saying it's your fault. I'm saying that I don't understand how it can be considered to have gained value.
BTC-Mining: Eh. By the way Bugpowder, you know BTC-BOND offers a vast portfolio in front of loaned funds to prevent any loss? I also honor withdrawal upon requests.
OneEyed: That I understand. But was it best for investors to invest or not to invest in your company in this timeframe?
OneEyed: It was best for them to keep their bitcoins out of BMF, right?
Bugpowder: BTC-Mining, Sorry I'm sticking to MPEX securities, I don't think GLBSE will be around by Nov 1st.
BTC-Mining: Ah, believe GLBSE is going bust. Fair enough.
OneEyed: You still don't answer: wouldn't it have been best for investors to have kept their BTC out of BMF into a cold wallet? They could resold them for a better profit than if they went in and out of BMF, isn't it?
OneEyed: (I'm not talking about the future, I'm talking about the timeframe from May to now that you took as an example)
mircea_popescu: Bugpowder nov 1st, that bad ? i was thinking a quarter or two myself.
OneEyed: If I had $500 then, I would have $1000 now by having bought then sold bitcoins.
BTC-Mining: Difficulty adjusts itself... less bitcoins will be entering the market, especially after the block halving.
OneEyed: usagi: so you're saying that BMF is a good investment now, but how can you say it has been a good investment between May and now?
Eisenhower34: ^^ y and if you dont hold it you risk a price rise :)
Bugpowder: Well... I have only been following it for a month... can we plot the decline in volume somehow
Eisenhower34: but looking now backward it would have brought more USD if you had keept your BTC in a cold wallet
OneEyed: And I can start the cycle again and limit my € losses
OneEyed: (even if I limit my profit)
OneEyed: usagi: you say that like it's a good thing
mircea_popescu: OneEyed why be so safe ? i dumped into btc since about forever.
BTC-Mining: usagi: Why not keep it simple? "Bitcoin mining is a USD based investment"
Eisenhower34: not those who kept their btc in a cold wallet.....
OneEyed: mircea_popescu: because since July I've tried to convince myself of the usefulness of bitcoins, and I'm still not much convinced. I've seen almost no use except for trading.
mircea_popescu: OneEyed heh. bitcoin is literally the only currency in the world atm.
Eisenhower34: and if you would have kept your BTC you would have made more...
Bugpowder: Also, has nefario executed a single adminitrative duty on GLBSE in the past week?
BTC-Mining: nefario is often busy, he's not always around.
mircea_popescu: you leave someone behind if you're gone for a week come on./
mircea_popescu: dude imagine your corner 7/11 closed for a week cause owner was busy
BTC-Mining: I'm not aware of him not working/managing GLBSE right now.
pigeons: wow kakobrekla i didn't know you swere such a scammer ;)
BTC-Mining: Because actual miners have a much larger profit than actual bond holders (especially fixed)
mircea_popescu: BTC-Mining arguably they also do a lot more of the work
assbot: [MPEX] [F.GIGA.ETF] 5200 @ 0.0004418 = 2.2974 BTC [-]
assbot: [MPEX] [S.MPOE] 3443 @ 0.00036158 = 1.2449 BTC [-]
assbot: [MPEX] [S.MPOE] 1200 @ 0.00036114 = 0.4334 BTC [-]
assbot: [MPEX] [S.MPOE] 14057 @ 0.00036075 = 5.0711 BTC [-]
Eisenhower34: BTC-Mining, the problem is not the small "interest" you get, its more the dramatic price drop
Eisenhower34: all mining bonds made something between 1.5% and 2% interest a week
assbot: [GLBSE] [PLATINUM] 1 @ 0.00999999 BTC [+]
assbot: [GLBSE] [BITNODES] 2 @ 0.265 = 0.53 BTC [-]
Eisenhower34: EskimoBob its the same when you buy mining equip yourself...
assbot: [GLBSE] [JTME] 1 @ 0.65 BTC [-]
Eisenhower34: All i say is that mining isnt lucrative right now, not if you buy the equip yourself and not if you buy bonds
Eisenhower34: but who would have expected that huge difficulty increase the past few weeks
Eisenhower34: so you cannot blame anybody for any loss you made
assbot: [GLBSE] [NASTY] 1 @ 0.481 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.48 BTC [-]
mircea_popescu: i have bets with people claiming > 100 th in the coming months
Eisenhower34: micea You know the answer yourself... and you should know that you cannot really compare asig TH scale iwth GPU GH scale, same as you couldnt compare GPU <-> CPU MH scales
Diablo-D3: Eisenhower34: well, you can COMPARE
Diablo-D3: its just going to be a pretty scary ratio
assbot: [GLBSE] [NASTY] 1 @ 0.48 BTC [-]
mircea_popescu: Eisenhower34 im just saying, people are betting this. if it comes true,
mircea_popescu: after all, the system doesn't care where you get your hashing, it's all fungible.
Diablo-D3: I wish luke would quit reporting posts
Eisenhower34: I only say that you stated the obvious which doesnt really deserves any answer
mircea_popescu: you said huge increase, i said it's possibly not even that huge. what's the issue ?
Eisenhower34: "you think this is huge ?" " i have bets with people claiming > 100 th in the coming months" <- Cpt Obvious to the rescue!
mircea_popescu: do you have some sort of previous unresolved issue eating at you ?
OneEyed: Did anyone see any ASIC-like increase in hashpower, be it on mainnet or on testnet?
Eisenhower34: Sorry but you didnt understood the more polite way telling you that, what did you expect me to say?
assbot: [GLBSE] [DMC] 21 @ 0.05499984 = 1.155 BTC [+]
assbot: [GLBSE] [DMC] 1 @ 0.05499985 BTC [+]
assbot: [GLBSE] [DMC] 50 @ 0.055 = 2.75 BTC [+]
assbot: [GLBSE] [DMC] 148 @ 0.065 = 9.62 BTC [+]
OneEyed: I can't make my mind on whether this is a scam or not, or more exactly on whether they do have a product ready or not (even if they intend to have one eventually)
assbot: [GLBSE] [GSDPT] 103 @ 0.0034 = 0.3502 BTC [-]
OneEyed: Demonstrating it on testnet would be the best way to get free advertising
assbot: [GLBSE] [GOLD] 2 @ 0.00999998 = 0.02 BTC [+]
assbot: [GLBSE] [DMC] 2 @ 0.065 = 0.13 BTC [+]
assbot: [GLBSE] [DMC] 10 @ 0.067 = 0.67 BTC [+]
assbot: [GLBSE] [GOLD] 2 @ 0.00999998 = 0.02 BTC [+]
OneEyed: Eisenhower34: I would too, but for some reason I don't understand BFL said it wouldn't
Eisenhower34: OneEyed they "say" of course they wouldnt, but its on a different page what they really do :)
OneEyed: Eisenhower34: sure :) And it's true that it will be much more easy to conceal once they have delivered some ASICs, as they will be harder to identify.
Eisenhower34: y maybe they already mine with some of their products
Eisenhower34: the last rise from June 2012 looks very suspicious
assbot: [GLBSE] [BITBOND] 1 @ 0.27 BTC [+]
OneEyed: What happened to ciuciu recently? He seemed to be a nice guy, had pretty interesting deals, but now looks like he shorted a fuse over mircea_popescu and the porn pictures
assbot: [GLBSE] [GOLD] 8 @ 0.00999998 = 0.08 BTC [+]
OneEyed: mircea_popescu: did you do anything to him? I don't understand why he goes after MPEX every time he can. Do you owe him money or what?
assbot: [GLBSE] [DMC] 9 @ 0.075 = 0.675 BTC [+]
OneEyed: Oh, I thought the porn on mircea_popescu site was free for all :)
imsaguy2: who said you have to get the facts right when you're trolling?
OneEyed: imsaguy2: sure, but he tries very hard to get at MPEX and Mircea, so I guess he really has some motive
assbot: [GLBSE] [ASICMINER] 1 @ 0.1111 BTC [-]
OneEyed: Because it's not even entertaining, not humorous, not a good troll
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00389453 BTC [+]
assbot: [GLBSE] [ASICMINER] 1 @ 0.1111 BTC [-]
imsaguy2: or when you're repeating info that's wrong.
OneEyed: Trolling is an art, that was taught by masters on Usenet in the ol'good days, before even AOL was allowed to access the news
assbot: [GLBSE] [MERGEDMINING] 5 @ 0.055 = 0.275 BTC [-]
OneEyed: I remember times when dropping "should I use vi or emacs to edit the configuration file?" in any software newsgroup would degenerate rapidly
imsaguy2: <EskimoBob> OneEyed: I guess he considers that porn peddler
assbot: [MPEX] [F.GIGA.ETF] 3000 @ 0.00044181 = 1.3254 BTC [+]
OneEyed: imsaguy2: I was asking why ciuciu seemed to be so angry at Mircea
assbot: [GLBSE] [ASICMINER] 1 @ 0.1111 BTC [-]
assbot: [GLBSE] [MERGEDMINING] 12 @ 0.0515 = 0.618 BTC [-]
OneEyed: AFAICS, he hosts a BBS which includes porn
assbot: [GLBSE] [MERGEDMINING] 1 @ 0.0496 BTC [-]
assbot: [GLBSE] [MERGEDMINING] 4 @ 0.04101 = 0.164 BTC [-]
assbot: [GLBSE] [MERGEDMINING] 10 @ 0.04 = 0.4 BTC [-]
OneEyed: *That* would cause a huge price drop
assbot: [GLBSE] [GIGAMINING] 2 @ 0.59999692 = 1.2 BTC [-]
OneEyed: pirate pays => price drop => people invest into BMF to hedge against BTC price drop => I see what you did here usagi :)
mircea_popescu: imsaguy2 no dude. i had some involvement back before 2000
mircea_popescu: some involvement = silent partner/financing some studios and also ocasionally producing.
imsaguy2: technically, the bbs isn't his site
OneEyed: imsaguy2: ok, hosted under the same root
mircea_popescu: OneEyed the girl (mpoe-pr) called some bond of his a scam or w/e
OneEyed: mircea_popescu: wow, I guess the girl hit a nerve then
mircea_popescu: i have no ideea, not like anyone's buying it or anything
mircea_popescu: i mean it can't be a ponzi on the strength of lack of volume alone.
OneEyed: EskimoBob: is that illegal?
OneEyed: (I'm checking, because I have no idea either)
OneEyed: Registrants of .us domains must be United States citizens, residents, or organizations, or a foreign entity with a presence in the United States.
OneEyed: (according to wikipedia, not the most reliable source, but generally good enough)
assbot: [GLBSE] [GSDPT] 23 @ 0.0034 = 0.0782 BTC [-]
OneEyed: "To ensure that these requirements are met, NeuStar frequently conducts "spot checks" on registrant information."
mircea_popescu: dude lay it to rest already. i have us companies, my cto is an american citizen, etfc
assbot: [GLBSE] [BITNODES] 1 @ 0.27849 BTC [+]
assbot: [GLBSE] [GIGAMINING] 4 @ 0.59999792 = 2.4 BTC [+]
assbot: [GLBSE] [BMMO] 4 @ 0.04100001 = 0.164 BTC [+]
assbot: [GLBSE] [CPA] 2 @ 0.0386 = 0.0772 BTC [-]
assbot: [GLBSE] [GSDPT] 23377 @ 0.0034 = 79.4818 BTC [-]
assbot: [GLBSE] [CPA] 2 @ 0.01500001 = 0.03 BTC [-]
assbot: [GLBSE] [BMMO] 1 @ 0.041 BTC [-]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: CPA [1@0.1BTC] paid: 0.00569688 BTC. Last price: 0.01500001 BTC. Capital gain: -0.08499999 BTC. Total: -0.07930311 BTC. (-79.3%)
imsaguy2: usagi, I can't just go and give you hardware and screw everyone else
imsaguy2: you don't have that sort of priority
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: [GLBSE] [BMMO] 8 @ 0.04 = 0.32 BTC [-]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GSDPT [1@0.0032BTC] paid: 7.468E-5 BTC. Last price: 0.0034 BTC. Capital gain: 0.0002 BTC. Total: 0.00027468 BTC. (8.6%)
mircea_popescu: wait so if you have a leading period on the symbol glbse 404's ?
assbot: [GLBSE] [GSDPT] 12 @ 0.0034 = 0.0408 BTC [-]
assbot: [GLBSE] [YABMC] 5 @ 0.075 = 0.375 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.075 BTC [-]
assbot: [GLBSE] [YARR] 1 @ 0.8 BTC [-]
assbot: [GLBSE] [FZB.A] 1 @ 0.02972999 BTC [+]
assbot: [GLBSE] [FZB.A] 1 @ 0.02973 BTC [+]
assbot: [GLBSE] [FZB.A] 4 @ 0.03 = 0.12 BTC [+]
OneEyed: I thought YARR couldn't be traded anymore. I must have confused that with something else.
assbot: [GLBSE] [FZB.A] 2 @ 0.0221002 = 0.0442 BTC [-]
assbot: [GLBSE] [FZB.A] 3 @ 0.02 = 0.06 BTC [-]
assbot: [GLBSE] [FZB.A] 1 @ 0.00000005 BTC [-]
Chaang-Noi: i guess he will avoid the scammer tag for now
Chaang-Noi: not that it matters, i cant send the btc to anyone
OneEyed: Chaang-Noi: why, he forgot to send the private key along?
assbot: [GLBSE] [GIGAMINING] 2 @ 0.59999792 = 1.2 BTC [+]
mircea_popescu: was this your btc ? your assets' btc ? is there all of it ?
Chaang-Noi: yeah i asked for the non disputed btc he was holding hostage
Chaang-Noi: the disputed btc i assume he can make a claim fore
Chaang-Noi: nefario has been sending me e-mails daily
mircea_popescu: well this "some btc" needs to be clarified wtf it means
OneEyed: usagi: more importantly, he didn't explain those (potentially) bad decisions. He pretty much destroyed part of the trust people need to have in him.
Chaang-Noi: he has not explained why i was delisted, i want the fees refunded
Chaang-Noi: if i broke some tos or something he needs to tell me, if he offers a service, takes payment then fails to give service its scamming
OneEyed: usagi: are you implying that you know about irregularities?
assbot: [GLBSE] [BIB.BVPS] 1 @ 0.00387999 BTC [+]
assbot: [GLBSE] [BIB.BVPS] 5 @ 0.00388 = 0.0194 BTC [+]
OneEyed: I would trust you not to use them because you disagree with a business relationship
assbot: [GLBSE] [BIB.BVPS] 5 @ 0.00389 = 0.0195 BTC [+]
Eisenhower34: If there wouldnt be so many douchebags out there, calling me a scammer all day, i would have already opened a stock market myself... would take ~2 weeks to code it ...
OneEyed: Eisenhower34: mine would be more like MPEX than GLBSE if I'd do one
mircea_popescu: Eisenhower34 coding isn;'t the biggest deal. also, who and why is calling you a scammer ?
assbot: [GLBSE] [BIB.BVPS] 10 @ 0.003 = 0.03 BTC [-]
assbot: [GLBSE] [BIB.BVPS] 1 @ 0.00181 BTC [-]
assbot: [MPEX] [S.MPOE] 43900 @ 0.00036273 = 15.9238 BTC [+]
Eisenhower34: that was the idea, but as it has already been pointed out several times its a CDS
mircea_popescu: you lack any verbiage as to the important points : 1. how are claims decided ; 2. how are people prevented from buying insurance on themselves and default.
Eisenhower34: with all those idiots asking for doxx and implying that im a scammer
assbot: [GLBSE] [BITCOINRS] 2 @ 0.043 = 0.086 BTC [-]
kakobrekla: everyone is assumed to be pirate nowdays
mircea_popescu: Eisenhower34 that'd be a different problem : you've made a website for something that already happens otc
mircea_popescu: nobody wants/needs it, and if they did they'd make it (those people who already trade cds otc, that is)
assbot: [GLBSE] [BITCOINRS] 1 @ 0.0344 BTC [-]
assbot: [GLBSE] [BITCOINRS] 1 @ 0.001 BTC [-]
Eisenhower34: thats not the problem. the problem are those comments : "Government ID please. ""We wouldn't want this to be another scam right?""Are you willing to provide a legal adress under which someone could be held accountable in case of fraud?" "I'll never conduct business with a "company" who refuses to even tell me the address where they are based."
mircea_popescu: actually, greyhawk has a point. specifically In that case you are of course aware that providing no contact information/full "Impressum" for your "business" is illegal under German legislation. Your website is a perfect opportunity for an Abmahnanwalt to sue the fuck out of you.
OneEyed: Satoshi dice September net profit: 2065.3 BTC
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00549093 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00549094 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00577557 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00617672 = 0.0124 BTC [+]
assbot: [GLBSE] [BIT.INC] 1 @ 0.1 BTC [+]
OneEyed: mircea_popescu: that may be relatively shitty according to some criteria, but for something that requires no maintenance, that's great
OneEyed: Compared to the hosting/tech expenses: 50 BTC
OneEyed: mircea_popescu: how do you make out of MPEX? :)
assbot: [GLBSE] [BIT.INC] 1 @ 0.05000001 BTC [-]
OneEyed: Only from commissions on sales and PGP registrations?
OneEyed: (I mean, only directly from MPEX)
assbot: [GLBSE] [BBBB] 8 @ 0.00016 = 0.0013 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.484 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.4848 BTC [+]
OneEyed: mircea_popescu: does it require a lot of maintenance or does it run mostly by itself? (I would guess the second)
pigeons: if mircea_popescu was really making money off porn, he would list it on glbse, so i know he's lying
OneEyed: Prudent, but a real burden, especially if you need to go away for a while…
assbot: [GLBSE] [PIMP] 22 @ 0.08999999 = 1.98 BTC [+]
OneEyed: EskimoBob: you mean because of uncovered hedge issues?
OneEyed: (sorry, not familiar with the words here)
mircea_popescu: OneEyed hey, i started the thing knowing this so i'm not complaining.
OneEyed: mircea_popescu: I don't know, it was a question on my side :)
assbot: [GLBSE] [BITBOND] 1 @ 0.26 BTC [-]
OneEyed: mircea_popescu: how would you handle a situation where Patrick would delay the payback of the principal obtained from MPCD?
gribble: Best bid: 12.691, Best ask: 12.69898, Bid-ask spread: 0.00798, Last trade: 12.699, 24 hour volume: 41446, 24 hour low: 12.321, 24 hour high: 12.79
OneEyed: What would be the value of the asset? The principal or the money obtained from selling the debt?
mircea_popescu: i would regard him as being in default for it tho, and neg rate
mircea_popescu: fact of the matter is, i told him at deposit time when the money needs to come out.
OneEyed: You should use MPEX to auction the claim first :)
OneEyed: He can be, if you have 1 share to sell. Just don't put a bid before a certain date, and let people place asks, that would be an auction
OneEyed: You can even put the ask at the original price
OneEyed: Maybe someone is willing to buy the debt in full, god knows why
rg: Chaang-Noi; you want to buy some ltc?
assbot: [MPEX] [S.DICE] 32382 @ 0.0034 = 110.0988 BTC [+]
BTC-Mining: Someone make me a deal, got BTC burning my pockets.
assbot: [GLBSE] [BDK.BND] 11 @ 0.0495 = 0.5445 BTC [+]
rg: that's the highest ask on btc-e
rg: i just dont feel like logging in there, etc
gigavps: BTC-Mining give them to me
gigavps: i'll take care of them for you
rg: gigavps: will you eat a can of dog food on webcam for btc?
rg: ive always wanted to see that
gigavps: rg no, i have enough for the moment
rg: since the first day i found out about bitcoin-oc
BTC-Mining: Oh, that's a deal Gigavps? Perhaps you could tell me the many benefits of such a deal?
gigavps: BTC-Mining depends on how much you have
rg: 1B8pxbrxdGfUa2nxQHbhqyKYtEHgLGciwe
assbot: [GLBSE] [DMC] 1 @ 0.07 BTC [-]
rg: b984e2c4916bf484788b4a3ab578b0ba9a8a712ac955941674342260c52104b8
Chaang-Noi: 362d47bb3eac8e2a650c77713c39dd72a1bec56d54d085d35b0b8ed3dee3ed47
mircea_popescu: someone should make a scamcoin altchain which uses adresses in the format 1ililililiiiilli
rg: i need to pay some bills
rg: he always pays my bills
assbot: [GLBSE] [JLP-BMD] 1 @ 0.08999999 BTC [+]
Chaang-Noi: night all.. think i tracked down the dragon...
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00400001 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 5 @ 0.004 = 0.02 BTC [-]
assbot: [GLBSE] [COGNITIVE] 1 @ 0.57999999 BTC [+]
assbot: [GLBSE] [COGNITIVE] 2 @ 0.58 = 1.16 BTC [+]
OneEyed: Obviously that didn't cause you to mass buy OBSI.HRPT, so news are probably not good :)
assbot: [GLBSE] [GSDPT] 20 @ 0.00389 = 0.0778 BTC [+]
gigavps: how often do you see me joking?
BTC-Mining: Not often... but on IRC most are more casual than on the forum.
mircea_popescu: i don't see an announcement, just random bs from usagi & retard gang.
rg: [13:18] <gigavps> how often do you see me joking?
rg: before the rig got too big
BTC-Mining: Everyone is fun until they start doing business.
assbot: [GLBSE] [OBSI.HRPT] 75 @ 0.004 = 0.3 BTC [-]
BTC-Mining: Be careful there usagi... with statements like this people will call you a clown. I mean, more than before.
BTC-Mining: OBSI, OBSI, why don't you pay dividends!
BTC-Mining: Oh wait... 0% - 1% per day eh. I guess he can pay 0%.
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.33 BTC [-]
mircea_popescu: contracts get more and more complex, people don't like to read
OneEyed: BTC-Mining: + "In the event of failure of the entity receiving pass-through investment, these bonds will not be repurchased."
mircea_popescu: Chaang-Noi "I now have more BTC than I once did. What this is for is unclear." wait. what ?!
assbot: [GLBSE] [BMF] 1 @ 0.40300001 BTC [-]
OneEyed: "Whatever the entity is. You cannot check that didn't just steal your BTC. You lose." <-- should have been added too
mircea_popescu: and ofcourse the entity is secret, so the claim can't be verified.
mircea_popescu: OneEyed people need to learn somehow that calling yourself "investor" doesn't make you one
assbot: [GLBSE] [YABMC] 1 @ 0.07315001 BTC [-]
assbot: [MPEX] [S.MPOE] 5520 @ 0.00036447 = 2.0119 BTC [+]
assbot: [MPEX] [S.MPOE] 980 @ 0.00036451 = 0.3572 BTC [+]
OneEyed: I guess many people feel safer with such "I may screw you clause, invest accordingly" because they feel warned and more empowered by their decision to "invest"
BTC-Mining: Psst, BTC-BOND. The entity is myself and myself only.
BTC-Mining: If you can't trade, loan the funds to me. There's my personal portfolio in front of loaned money to absorb losses.
mircea_popescu: BTC-Mining weren't you complaining you're cash heavy a second ago ?
OneEyed: The silence can be very noisy sometimes…
BTC-Mining: I do a lot of trading. I almost always have a large part of funds in bids.
BTC-Mining: Could have more bids up or simply keep it placed.
OneEyed: BTC-Mining: why don't you directly post MIN/MAX/DURATION/INTERESTS?
OneEyed: How much you want (MIN/MAX), for how long, and what you're ready to pay as interests for the loan
assbot: [GLBSE] [ASIC.COOP] 1 @ 0.84 BTC [-]
BTC-Mining: It's already all stated in BTC-BOND's contract.
BTC-Mining: I can buy back your bonds upon request.
assbot: [GLBSE] [ASIC.COOP] 1 @ 0.85 BTC [+]
OneEyed: Oh, "secured by GLBSE assets". I would chose FDBF if I wanted to trust GLBSE right now, better interest rates.
BTC-Mining: I want to see first if BFL really delivers their ASIC beggining of November
OneEyed: That will be funny to look at.
BTC-Mining: OneEyed: better interest, but what protection does FDBF offer?
OneEyed: BTC-Mining: none if GLBSE market crashes completely
OneEyed: usagi: you could do that with Pirate at the beginning too
OneEyed: usagi: like GBF. Very nice owner, very bad returns.
OneEyed: usagi: you wouldn't have known by doing your liquidity test at the beginning
OneEyed: And yet you'll call out funds :)
OneEyed: BTC-Mining: yep, the most transparent I've seen in a while
OneEyed: Yes, I know. But the goal is to get money, right? Given that both are on GLBSE, they are practically indistinguishable by casual investors.
BTC-Mining: Contractually, they are quite different in how they work however.
OneEyed: usagi: aren't you in complete control of CPA/BMF/NYAN.* already?
OneEyed: So you're saying that you'll multiply the investors BTC without ever risking their money?
OneEyed: I thought friedcat reference was some kind of a joke I didn't get. Is there really someone nicknamed friedcat?
OneEyed: Ok, never seen his name. Maybe because there's no asic yet.
BTC-Mining: Difference is, FDBF would have losses as soon as any holding they have a loss of value. BTC-BOND would not.
BTC-Mining: So it might pay less but not without extra benefits.
OneEyed: usagi: the problem with GLBSE and MPEX is that they act as a broker, in addition to being an exchange. As long as they don't keep an outside copy of the up-to-date investors portfolios, they disappearing make their investors broke
OneEyed: usagi: if a protocol could be worked out with those brokers to ensure the information is not lost if they default or get hacked, then they would be usable without concerns
mircea_popescu: if you choose to go through one mpex is just the exchange
mircea_popescu: if you chose to talk to it directly YOU are the broker.
mircea_popescu: the 20 btc you pay pretty much gets you a floor spot. you can trade on your own acct or be a broker, w/e.
OneEyed: mircea_popescu: more or less - you can still not prove ownership of a share to the asset owner, can you?
OneEyed: mircea_popescu: (you can only prove that you bought a share, but that doesn't show that you haven't sold it)
copumpkin: it'd be nice to get subset statements
copumpkin: so you don't have to reveal your entire holdings to your clients, as a broker
copumpkin: but you at least have a statement signed by MPEX saying that you own shit
OneEyed: usagi: so it doesn't exist
BTC-Mining: OneEyed, MPEx makes signed statements of account holdings.
OneEyed: usagi: such a protocol should be submitted to as many pair of eyes as possible
mircea_popescu: copumpkin the problem i see with substatements is this : a person could claim falsely they are covering many accounts with the statements for just the largest one
OneEyed: BTC-Mining: yes, but it forces you to reveal your portfolio, as underlined by copumpkin
copumpkin: OneEyed: so not to you, since you only have one?
mircea_popescu: therefore, this would introduce security theatre, no gain of safety.
mircea_popescu: and as such im not doing it. if client doesn't trust broker client doesn't use broker.
BTC-Mining: OneEyed, think I'd care about revealing my portfolio?
mircea_popescu: they can ask for order receipts from mpex, to prove broker isnt a bucket shop
OneEyed: BTC-Mining: some people could
BTC-Mining: It's been public since I started BTC-BOND
guruvan: yes it would be nice to be able to show someone one asset signed, without showing the whole portfolio
assbot: [MPEX] [S.MPOE] 10100 @ 0.00036273 = 3.6636 BTC [-]
assbot: [MPEX] [S.MPOE] 26500 @ 0.00036075 = 9.5599 BTC [-]
BTC-Mining: Nope, got to go harass Amazingrando once again
guruvan: ah - yeah - that works fine, especially for a project I'm working on over here
BTC-Mining: Eh, he keeps forgetting about poor BTC-MINING
assbot: [GLBSE] [BAKEWELL] 2 @ 0.149 = 0.298 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00719998 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 39 @ 0.00719999 = 0.2808 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 5 @ 0.8 = 4 BTC [-]
assbot: [GLBSE] [BFLS.RIG] 15 @ 0.799 = 11.985 BTC [-]
assbot: [MPEX] [S.DICE] [PAID] 10000000 @ 0.00002065 = 206.53002099 BTC
assbot: [MPEX] [F.GIGA.ETF] 300 @ 0.00044181 = 0.1325 BTC [+]
assbot: !pl <ticker> [<amount>@]<bought at> [<YYYY-MM-DD>]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: [GLBSE] [DMC] 13 @ 0.075 = 0.975 BTC [+]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GSDPT [1@0.0032BTC] paid: 7.468E-5 BTC. Last price: 0.00389 BTC. Capital gain: 0.00069 BTC. Total: 0.00076468 BTC. (23.9%)
OneEyed: Dividends have probably not be paid there yet
OneEyed: since it's a passthrough to MPEX…
femtotube: OneEyed: 95% of divs only gets passed
OneEyed: femtotube: yeah, but even those 95% have probably not been passed yet
assbot: [GLBSE] [BLUECHIP] 3 @ 0.1 = 0.3 BTC [+]
femtotube: I wonder when those guys will back the bags and move on. He got his 10 years or so upfront
mircea_popescu: hopefully next month is 2x over expectation and that expectation is 6k or something
femtotube: 10% of a imaginary value, bloated way out of proportions
femtotube: what was the size of the issue in BTC?
markac: femtotube: Sorry, can't calculate that.
markac: Note that .calc is deprecated, consider using .c
markac: femtotube: Sorry, can't calculate that.
markac: Note that .calc is deprecated, consider using .c
DeaDTerra: GSDPT dividend will be paid in a couple of secs :)
DeaDTerra: 12.282453 BTC paid in dividend to GSDPT
femtotube: LOL, this is funny, that something like that is valued at 4.2MM usd
femtotube: whats the cost of 200 h of programming and testing?
PsychoticBoy: lol come on a simple site and game 4 fucking million, wtf, more like 50K
mircea_popescu: apple's worth a trillion on the strength of owning a market that's bound to be irrelevant soon
femtotube: apple has NOTHING to do with 200 h of programming and testing
mircea_popescu: PsychoticBoy i dunno why people keep thinking in terms of "o, a site"
mircea_popescu: it's the source of the majority of bitcoin transactions.
PsychoticBoy: no its a sinple game, programmed by a 4 year old
femtotube: who cares, it can be copied so easily
OneEyed: PsychoticBoy: I'm sure you're upset not to have had the idea first.
femtotube: hmmm... not a bad idea but i do not like gambling
mircea_popescu: OneEyed i got tons of ideas for you if you can code worth a shit and are willing to put the hours in
mircea_popescu: thing is, nobody can code, nobody wants to work, everyone wants to sit tits up and go "oh, these things that people pay money for aren't worth money"
femtotube: I can not code at all :( but I have some cool ideas too
OneEyed: mircea_popescu: time is a factor. Concerning whether I can code or not, Ohloh can tell you
mircea_popescu: yes time is a factor. that's what makes founders make money. they put the time in.
femtotube: If I can find someone to trust and write good code...
gribble: Rating entry successful. Your rating of 1 for user OneEyed has been recorded.
femtotube: OneEyed: looking at the URL, you have way too much free time :)
OneEyed: Yeah, I was a student then, and we worked on CVS with the team from a small company named "Cyclic Software"
OneEyed: CVS had just got client/server capabilities
kakobrekla: lol at least smpake is getting some traffic cause of bit4x
assbot: [GLBSE] [ASICMINER] 5 @ 0.111099 = 0.5555 BTC [-]
OneEyed: femtotube: I didn't "work" on the kernel, I wrote a driver for the watchdog of my dedicated server. I usually contribute when I need something, except for some projects that I find fun for some time, like c:geo
OneEyed: It helps that I teach how to write Linux device drivers in my embedded systems course. That was just a driver, indeed. Read the datasheet, write code, …, profit.
OneEyed: Yeah. I also have various dashes - – —
OneEyed: (shit, my font renders them the same way in my terminal)
OneEyed: In a text document they appear with different lengths :)
femtotube: dam, is there anything positive in the forums or only scamm accusations, rippoffs and everyday crap :(
OneEyed: femtotube: yeah, one think I have learned since I joined bitcointalk in July is that it's mostly shit
femtotube: sure, I have wife and kids right behind me at the moment.
OneEyed: femtotube: he was not asking you to *produce* porn :)
OneEyed: (that was a joke, apparently a bad one)
femtotube: he probably wants to send me some of his porn links
assbot: [MPEX] [F.GIGA.ETF] 5300 @ 0.00044181 = 2.3416 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 3290 @ 0.00044181 = 1.4536 BTC [+]
mircea_popescu: BTC-Mining kinda why i like irc. the vast majority of scammers doesn't have the technical ability to hang out yet.
assbot: [GLBSE] [OBSI.HRPT] 31 @ 0.00719999 = 0.2232 BTC [+]
BTC-Mining: funnymoney? Let's shorten it to funmoney.
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00410001 BTC [-]
assbot: [GLBSE] [CPA] 2 @ 0.015 = 0.03 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 29 @ 0.0041002 = 0.1189 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.0041002 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 70 @ 0.0041001 = 0.287 BTC [-]
mircea_popescu: femtotube just for my curiosity : does it occur to you s.dice would do much better by stealing the bets than by stealing the shareholders money ?
assbot: [GLBSE] [OBSI.HRPT] 29 @ 0.00410001 = 0.1189 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 344 @ 0.004 = 1.376 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.58 BTC [-]
assbot: [GLBSE] [MERGEDMINING] 1 @ 0.06199999 BTC [+]
assbot: [GLBSE] [GSDPT] 300 @ 0.0034 = 1.02 BTC [-]
assbot: [GLBSE] [GSDPT] 1 @ 0.0034 BTC [-]
assbot: [GLBSE] [GSDPT] 19445 @ 0.0034 = 66.113 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00495 = 0.0099 BTC [+]
assbot: [GLBSE] [MERGEDMINING] 1 @ 0.03 BTC [-]
assbot: [MPEX:S.DICE] 1day: 0.0034 / 0.0034 / 0.0034 (148238 shares, 504.01 BTC), 30day: 0.00325001 / 0.00337675 / 0.0034 (1922813 shares, 6,492.86 BTC)
assbot: [MPEX] [S.MPOE] 1036 @ 0.00036075 = 0.3737 BTC [-]
assbot: [MPEX] [S.MPOE] 17300 @ 0.00036074 = 6.2408 BTC [-]
assbot: [MPEX] [S.MPOE] 33164 @ 0.00036063 = 11.9599 BTC [-]
assbot: [MPEX] [S.DICE] 90 @ 0.00339999 = 0.306 BTC [-]
assbot: [GLBSE] [GSDPT] 52 @ 0.003392 = 0.1764 BTC [-]
assbot: [GLBSE] [GSDPT] 100 @ 0.00339103 = 0.3391 BTC [-]
assbot: [GLBSE] [GSDPT] 700 @ 0.00339102 = 2.3737 BTC [-]
assbot: [GLBSE] [GSDPT] 333 @ 0.00339101 = 1.1292 BTC [-]
assbot: [GLBSE] [GSDPT] 1300 @ 0.003391 = 4.4083 BTC [-]
assbot: [GLBSE] [GSDPT] 300 @ 0.00331 = 0.993 BTC [-]
assbot: [GLBSE] [GSDPT] 12 @ 0.003301 = 0.0396 BTC [-]
assbot: [GLBSE] [GSDPT] 58 @ 0.0033 = 0.1914 BTC [-]
assbot: [GLBSE] [GSDPT] 1200 @ 0.0033 = 3.96 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.59979999 = 1.1996 BTC [+]
assbot: [GLBSE] [PUREMINING] 1 @ 0.1017 BTC [+]
DeaDTerra: Dividend was indeed paid for GSDPT
OneEyed: DeaDTerra: good luck on closing down GBF, I'm reading your post now
Diablo-D3: I thought I was subscribed to the gbf thread
assbot: [GLBSE] [DMC] 2 @ 0.075 = 0.15 BTC [+]
femtotube: "mircea_popescu | femtotube just for my curiosity..." I agree, that stealing and walking away not to long after successful IPO are similar acts but they are not really the same.
assbot: [GLBSE] [DMC] 1 @ 0.06 BTC [-]
assbot: [GLBSE] [DMC] 1 @ 0.02 BTC [-]
Diablo-D3: DeaDTerra: so that 1 BTC I invested, what did it end up coming out as?
mircea_popescu: site is trusted to the tune of 1/4 mn a month in bets.
femtotube: mircea_popescu: are they making 4.2 USD that way?
OneEyed: mircea_popescu: it depends, dodn't forget that if SatoshiDice were to stop paying people, word will spread very rapidly, since they use 0 confirmations payout is immediate
DeaDTerra: Yes I am closing the fund unfortunatly
femtotube: Thy can not steal that large of a %
mircea_popescu: OneEyed except recently they had a day's worth of payments on backlog recall ?
OneEyed: DeaDTerra: I have had the occasion to tell you already, but I'll say it again a last time: I've not been lucky with my investment, but you were very nice as a manager, and for this I thank you
DeaDTerra: It was as high as 1.38 then we had tons of defaults and bad investments.
BTC-Mining: Currently buying in bulk: BIB.BVPS, S.BVPS, GIGAMINING, DMC, ASICMINER or anything else if it's a really good offer.
femtotube: best way is to run IPO, and than say ... of we can not run it any more. Some gambling blah is after us ... end of the story
DeaDTerra: Thank you!, It was not a easy decision to make, I must say.
OneEyed: mircea_popescu: ok, so they could get away with 3 days maybe, so 1/10th of the monthly bets, or 1/5th of the average profit. Might be enough as a scam though.
Diablo-D3: I think maybe bitcoin just isnt ready for prime time yet
DeaDTerra: It has been a big part of my life several hours a day for a year, all the people I have meet all the people that have trusted me. Felt horrible to let them all down, but I would rather cut it off now then to deterirate and become a shell of what it once was.
gigavps: femtotube because moar is betta
femtotube: "moar is betta" let me process that
femtotube: hold on, is DeaDTerra closing the shop?
mircea_popescu: OneEyed 1/10 of daily bets is the monthly profit for half a year.
DeaDTerra: I am closing up Gamma Bitcoin Fund
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
OneEyed: mircea_popescu: yeah, my computations were totally out
assbot: [GLBSE] [ASICMINER] 2 @ 0.11039988 = 0.2208 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.10800001 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.108 = 0.54 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.106 BTC [-]
DeaDTerra: Yea :8, for the communities sake I would like to keep it going, but I don't have the time to keep the quality where I want it, and I don't want to offer a shitty service.
assbot: [GLBSE] [ASICMINER] 10 @ 0.105102 = 1.051 BTC [-]
assbot: [GLBSE] [ASICMINER] 29 @ 0.105101 = 3.0479 BTC [-]
assbot: [GLBSE] [ASICMINER] 12 @ 0.105 = 1.26 BTC [-]
assbot: [GLBSE] [ASICMINER] 11 @ 0.10352448 = 1.1388 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.10311 = 0.2062 BTC [-]
assbot: [GLBSE] [ASICMINER] 10 @ 0.10302 = 1.0302 BTC [-]
femtotube: what's the symbol and IPO price you had?
assbot: [GLBSE] [ASICMINER] 12 @ 0.10300101 = 1.236 BTC [-]
assbot: [GLBSE] [ASICMINER] 15 @ 0.103 = 1.545 BTC [-]
assbot: [GLBSE] [ASICMINER] 39 @ 0.101102 = 3.943 BTC [-]
assbot: [GLBSE] [ASICMINER] 15 @ 0.101002 = 1.515 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.10100006 = 0.505 BTC [-]
assbot: [GLBSE] [ASICMINER] 36 @ 0.10100005 = 3.636 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.10100002 = 0.505 BTC [-]
assbot: [GLBSE] [ASICMINER] 20 @ 0.10100001 = 2.02 BTC [-]
assbot: [GLBSE] [ASICMINER] 158 @ 0.101 = 15.958 BTC [-]
assbot: [GLBSE] [ASICMINER] 6 @ 0.10031 = 0.6019 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.1002 = 0.2004 BTC [-]
assbot: [GLBSE] [ASICMINER] 50 @ 0.1001 = 5.005 BTC [-]
assbot: [GLBSE] [ASICMINER] 7 @ 0.10007 = 0.7005 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.10000002 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.10000002 = 0.5 BTC [-]
assbot: [GLBSE] [ASICMINER] 100 @ 0.10000002 = 10 BTC [-]
assbot: [GLBSE] [ASICMINER] 35 @ 0.10000002 = 3.5 BTC [-]
assbot: [GLBSE] [ASICMINER] 11 @ 0.10000002 = 1.1 BTC [-]
assbot: [GLBSE] [ASICMINER] 163 @ 0.10000001 = 16.3 BTC [-]
assbot: [GLBSE] [ASICMINER] 5 @ 0.1 = 0.5 BTC [-]
assbot: [GLBSE] [ASICMINER] 80 @ 0.1 = 8 BTC [-]
assbot: [GLBSE] [ASICMINER] 147 @ 0.1 = 14.7 BTC [-]
femtotube: BTC-Mining your lucky day! You wanted ASICMINER
OneEyed: Looks like someone dumped a lot of shares of ASICMINER
DeaDTerra: femtotube, it was not share based but account based.
assbot: [GLBSE] [ASICMINER] 1 @ 0.11109889 BTC [+]
assbot: [GLBSE] [ASICMINER] 7 @ 0.1110989 = 0.7777 BTC [+]
assbot: [GLBSE] [GSDPT] 33 @ 0.0033995 = 0.1122 BTC [+]
BTC-Mining: People need to tell me where to place my bids =/
DeaDTerra: No, I do not plan to do that, I might though if SEC says it's illegal or if GLBSE goes the way of having to register everything. I am seing the BTC securities going from gray to dark gray
DeaDTerra: once it turns just a hint of black I am out.
mircea_popescu: seems more a problem of glbse trust pushing them down than anything.
DeaDTerra: Totally transparent, daily updated log books and the whole portfolio updated daily and publically open
OneEyed: DeaDTerra: you'll probably get the question, so: will you allow people to sell their accounts (at a discount if they want out faster than is described)?
DeaDTerra: how things should be run, instead of promising things you can't hold and then default
DeaDTerra: Yea sure, I have nothing against that, it's a open market
DeaDTerra: I want to note acount balance does not mean amount paid out.
DeaDTerra: The amount paid out will be the amount of BTC you have invested/total BTC invested * bitcoins liquidated
assbot: [GLBSE] [ASICMINER] 4 @ 0.10800002 = 0.432 BTC [-]
OneEyed: Yeah, of course, and I've seen your answer to strello
DeaDTerra: Good just want to make that clear so I don't end up being called a scammer or something like that.
femtotube: was there a saying that you buy when there is blood on the streets and sell, when everyone has a party? Or something like that?
OneEyed: I think it will need to be stressed more, as some people will expect the exact amount
assbot: [MPEX] [S.MPOE] 18300 @ 0.00036094 = 6.6052 BTC [+]
assbot: [MPEX] [S.MPOE] 34100 @ 0.00036451 = 12.4298 BTC [+]
DeaDTerra: okay I added a edit to explain that part.
mircea_popescu: so pretty much BTC-Mining and the dutch ppls are what's left in glbse funds at any sort of standard ?
DeaDTerra: I will say though, when there's a market for it, I have enough time and people want me to I am happy to open up GBF again, but right now neither of these are true.
OneEyed: DeaDTerra: another remark: "The logbooks will not be daily but weekly and will reflect the amount liquidated"
OneEyed: DeaDTerra: how will people know what how the "expected" amount evolves?
DeaDTerra: I will keep the current way of calculating NAV
OneEyed: Ok, makes sense. This will converge towards 0 this way.
DeaDTerra: so I will have a amount liquidated and that will be the liquid BTC and then I will have amount left and that will be the value of the illiquid assets
assbot: [GLBSE] [FPGAMINING] 1 @ 0.40050001 BTC [-]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.4005 BTC [-]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.4003 BTC [-]
assbot: [GLBSE] [FPGAMINING] 2 @ 0.4002 = 0.8004 BTC [-]
OneEyed: And people should also realize that your way of liquidating means that they may get their current investment back, or even get more of it.
assbot: [GLBSE] [FPGAMINING] 1 @ 0.376 BTC [-]
DeaDTerra: List of investors and their holdings:
femtotube: mircea_popescu: but the flying D is inevstinf to different GLBSE issues. So, if there is nothing left to invest, who will they be worth anything?
OneEyed: femtotube: that's also my fear. Right now they do fine, more than fine even, but if they grow, they'll have nothing to invest into
femtotube: btw, s.dice total issue is 20.6K BTC?
femtotube: and at that rate they go, it will take 10 years to earn what they are taking home from IPO? no no ...
DeaDTerra: Okay, I am leaving now guys. Please keep a eye on the GBF thread and keep it calm and cilizied until I get back okay? :)
femtotube: 30K BTC for 10%! and 10% from 2K is 200
mircea_popescu: the shares make roughly 15-20% a year on dividends, yes
mircea_popescu: dude. he makes the whole net. he owns 9x% of the shares.
femtotube: he makes 2-5K but investors paid 30K for 10%
mircea_popescu: and on that 34.5k they realise through dividends about 15-20% a year.
BTC-Mining: What's the 6 month you are talking about?
mircea_popescu: BTC-Mining he asked how long does the guy take to make what the shareholders paid.
femtotube: this is irrelevant and confuses the heck out of it
femtotube: the total ipo is 30K BTC yes (give or take)
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00402001 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 24 @ 0.00402 = 0.0965 BTC [-]
femtotube: and this 34.5K BTC represents 10% of the Co?
femtotube: now, if investors get 200 BTC a month
mircea_popescu: they'd likely get more. 200 was half the expected yield this month
BTC-Mining: 34.5K would need then 3.45k a year in divs for 10% or 287.5 BTC per month
mircea_popescu: if they make 200 btc a month in divs it will take ~15 years for the divs to accumulate to the level of their original investment.
femtotube: they just had a div 206 for investors
mircea_popescu: BTC-Mining the expected statistical yield for sept was ~420 iirc
mircea_popescu: femtotube well, so thei did a 768 div month before that.
femtotube: mircea_popescu: correct and that what i was trying to tell you
mircea_popescu: i fail to see the problem tho. dividends are a little above what is paid on nyse commonly.
BTC-Mining: That's exactly the problem. It's not Microsoft co or whatever. It's significantly more risky.
BTC-Mining: As such, getting such low dividends...
femtotube: to what? regulated market? Where you can not just lift your hat and say good day and walk?
femtotube: s.dice is a blockchain spamming web sire where pople gamble. Illegal probably too :)
femtotube: mircea_popescu: and how many CO's are listed in NYSE and NASDAQ?
mircea_popescu: well obviously the obsolete version will have more years duh
assbot: [GLBSE] [MOORE] 6 @ 0.5001 = 3.0006 BTC [+]
femtotube: is that bunch bigger, than GLBSE and all the others combined? What about daily turn over, market cap etc?
mircea_popescu: in 1920 the argument that stagecoach was used for YEARS did what exactly ? cars win.
mircea_popescu: actually, mpex owned the romanian stock exchange on s.dice ipo day
assbot: [GLBSE] [MU] 6 @ 0.19 = 1.14 BTC [+]
assbot: [GLBSE] [GERBITIN.PYRA] 2 @ 0.98 = 1.96 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 500 @ 0.0004418 = 0.2209 BTC [-]
assbot: [GLBSE] [ASICMINER] 1 @ 0.11 BTC [+]
assbot: [GLBSE] [MINING] 3 @ 0.8 = 2.4 BTC [+]
assbot: [GLBSE] [GSDPT] 14 @ 0.0033995 = 0.0476 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.25000001 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.11099889 = 0.222 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.07499999 BTC [+]
assbot: [GLBSE] [MINING] 1 @ 0.8 BTC [+]
assbot: [GLBSE] [BBBB] 14 @ 0.00016 = 0.0022 BTC [+]
assbot: [GLBSE] [BBBB] 181 @ 0.00016 = 0.029 BTC [+]
assbot: [GLBSE] [GSDPT] 30 @ 0.0033995 = 0.102 BTC [+]
assbot: [GLBSE] [ASICMINER] 1 @ 0.11 BTC [-]
dub: scam accusations sure are backing up
dub: by undertaking to protect 'the community' in the manner then failing im pretty sure theymos, maged and any other staff are making scammers of themselves
assbot: [GLBSE] [BBBB] 100 @ 0.00016 = 0.016 BTC [+]
assbot: [MPEX] [S.MPOE] 1400 @ 0.0003613 = 0.5058 BTC [-]
assbot: [MPEX] [S.MPOE] 25594 @ 0.00036451 = 9.3293 BTC [+]
assbot: [MPEX] [S.MPOE] 3969 @ 0.00036458 = 1.447 BTC [+]
dub: the scam accusation forum
dub: im just commenting that there are a large number of accusation threads that don't seem to have been actioned
jcpham: i like t print out forum threads as toilet paper
jurov: imho bitcointalk ought be replaced by something more reddit-like
jurov: good idea, i should offer it on bitmit.com "Toilet paper with btctalk thread of your choice"
dub: I once used a windows 3.x manual for toilet paper
rg: i bet that would sell
jurov: sorry that i don't have inkjet anymore... dunno how it would work with laser
dub: jurov: I'll take as many rolls as needed to print all of LoupGaroux, or whatever that fuckwits name is, posts
jurov: on 40m roll will fit 800 posts, if average one has 5cm
dub: no, of all the arrogant knowitall assclowns that one holds itself in teh highest regard
dub: also, everyone hates the rench
jurov: be careful, romanians are quite close to french :)
mircea_popescu: it's actually the french that are close to the romanians, or at least trying
mircea_popescu: Bugpowder when are you gonna splurge on an irc client ?
Bugpowder: Probably when I make some bitcoins on a trade
assbot: [GLBSE] [OBSI.HRPT] 9 @ 0.004021 = 0.0362 BTC [+]
Bugpowder: but I will never get out of the F.GIGA.ETF panic sell hole
jcpham: i bouncer would blow your mind then Bugpowder
jcpham: excuse me, i'm old. a bnc i mean
jcpham: like a private ircdthat you configure
jcpham: to stay connected and log
Bugpowder: I might have used that many years ago
Bugpowder: I haven't don't much on IRC since 96-01
dub: I like to IRC from a bnc terminator
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.0004418 = 0.4418 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 3700 @ 0.0004418 = 1.6347 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 900 @ 0.0004418 = 0.3976 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 2025 @ 0.0004418 = 0.8946 BTC [-]
assbot: [MPEX] [S.MPOE] 40143 @ 0.00036458 = 14.6353 BTC [+]
Bugpowder: I prefer to IRC from my browser window
jcpham: packet radio would be more effective
rg: hehe i have some BNC pcmcia shit
rg: i had some 10mbit nics too
dub: I've got nics, connectors, miles of cable
dub: I have a shitload of 1310nm lasers
dub: they're in SFPs (optical transcievers)
Bugpowder: bad spot on the H20 absorbtion curve
assbot: [GLBSE] [GSDPT] 1 @ 0.0033995 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00690053 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 20 @ 0.00690054 = 0.138 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 29 @ 0.00690055 = 0.2001 BTC [+]
Bugpowder: all the buy back chatter sucking people in
femtotube: do any of you know what DMC has in it's portfolio?
assbot: [GLBSE] [BTC-MINING] 1 @ 0.94989999 BTC [+]
assbot: [GLBSE] [BTC-MINING] 1 @ 0.9499 BTC [+]
assbot: [GLBSE] [BTC-MINING] 5 @ 0.95 = 4.75 BTC [+]
assbot: [GLBSE] [BTC-MINING] 2 @ 0.95 = 1.9 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 20 @ 0.00670219 = 0.134 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 325 @ 0.0067022 = 2.1782 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 90 @ 0.0069 = 0.621 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 65 @ 0.00690055 = 0.4485 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 6 @ 0.00690059 = 0.0414 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00698317 = 0.014 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.007 = 0.014 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 176 @ 0.00705036 = 1.2409 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1500 @ 0.0004418 = 0.6627 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 3222 @ 0.00044181 = 1.4235 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 970 @ 0.00044182 = 0.4286 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 2100 @ 0.00044182 = 0.9278 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 9800 @ 0.00044182 = 4.3298 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 5800 @ 0.00044182 = 2.5626 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 200 @ 0.00044183 = 0.0884 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 5911 @ 0.00044183 = 2.6117 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 8269 @ 0.00044183 = 3.6535 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 2746 @ 0.00044183 = 1.2133 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 2480 @ 0.00044184 = 1.0958 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 5984 @ 0.00044184 = 2.644 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 4900 @ 0.00044184 = 2.165 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 208 @ 0.00044185 = 0.0919 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 7410 @ 0.00044186 = 3.2742 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 3499 @ 0.00044186 = 1.5461 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1691 @ 0.00044186 = 0.7472 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 880 @ 0.00044186 = 0.3888 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 3778 @ 0.00044186 = 1.6693 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 500 @ 0.00044186 = 0.2209 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 5040 @ 0.00044186 = 2.227 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 400 @ 0.00044186 = 0.1767 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 11100 @ 0.00044186 = 4.9046 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 3112 @ 0.00044186 = 1.3751 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 7407 @ 0.00044186 = 3.2729 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 7500 @ 0.00044187 = 3.314 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 7193 @ 0.00044193 = 3.1788 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 6500 @ 0.00044302 = 2.8796 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1400 @ 0.00046526 = 0.6514 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 4900 @ 0.0004418 = 2.1648 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1675 @ 0.0004418 = 0.74 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 6996 @ 0.0004418 = 3.0908 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 8600 @ 0.00044177 = 3.7992 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 2829 @ 0.00044174 = 1.2497 BTC [-]
Doffx: Is the Gsdpt div pretty low? I was thinking it might reach 4% a month or so, buts its quite a bit lower than that. Less than 1%
femtotube: Doffx: maybe thy have not enough shares to pay better div. I know, I know, this is probably a bad joke for today :)
assbot: [GLBSE] [LTC-MINING] 1 @ 0.569999 BTC [+]
assbot: [GLBSE] [LTC-MINING] 1 @ 0.41520001 BTC [-]
BTC-Mining: Doffx, no, around 1% is pretty much what was expected
assbot: [GLBSE] [GSDPT] 20 @ 0.0033995 = 0.068 BTC [+]
assbot: [GLBSE] [GSDPT] 400 @ 0.0033995 = 1.3598 BTC [+]
assbot: [MPEX] [S.MPOE] 10157 @ 0.00036521 = 3.7094 BTC [+]
assbot: [MPEX] [O.BTCUSD.C100T] 850 @ 0.33091416 = 281.277 BTC [+]
Doffx: I was hoping for more but at least the stock is stable
assbot: [GLBSE] [OBSI.HRPT] 10 @ 0.0069999 = 0.07 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.44999999 BTC [+]
guruvan: ya know mircea_popescu I'm surprised no one's tried a big short squeeze when they know someone has a big short
guruvan: oh anything....since people mostly have to advertise the desire to borrow shares, a short squeeze seems like it would e easy if someone thought of it
guruvan: wouldn't take that much on GLBSE
guruvan: oh, I'm sure THAT desire isn't lacking around here Smoovious
guruvan: mircea_popescu: I've certainly seen money mangers get squeezed in the big markets....not often, but big when it happens
mircea_popescu: people who borrow shares on fixed time intervals can't.
assbot: [MPEX] [S.MPOE] 8143 @ 0.00036102 = 2.9398 BTC [-]
assbot: [MPEX] [S.MPOE] 2957 @ 0.0003653 = 1.0802 BTC [+]
mircea_popescu: in practice the later is usually only available to specialists or otherwise select players.
guruvan: hmm...good point (can't as easily.....though it could happen, but then it's a game of who ever has the most funds wins)
Diablo-D3: [05:12:50] <mircea_popescu> iirc mostly obsi and usagi
Diablo-D3: obsi closed all of his assets, and I dont have any of usagi's stuff
Diablo-D3: [05:11:51] <femtotube> do any of you know what DMC has in it's portfolio?
Diablo-D3: 1000 btcmc, 1000 asicminer, 106 btc-mining
assbot: [GLBSE:BTC-MINING] [Bid: 0.93100001] [Ask: 0.959033] [Spread: 0.02803299] [Last: 0.95] [24hVol: 25.44309999] [7dAvg: 0.95297324]
assbot: [GLBSE:BTCMC] [Bid: 0.5] [Ask: 0.58969999] [Spread: 0.08969999] [Last: 0.45000001] [24hVol: ] [7dAvg: 0.521956]
Diablo-D3: mircea_popescu: I calculated it as >800
assbot: [GLBSE:DMC] [Bid: 0.02] [Ask: 0.07499998] [Spread: 0.05499998] [Last: 0.02] [24hVol: 16.37999649] [7dAvg: 0.07139604]
mircea_popescu: then again smickles was trading .3 / 1.1 yest in spite of being worth ~1.x
Doffx: What happen with all the DMC drama anyhow.
Doffx: Well I'm sure of that.
Diablo-D3: some, some are jumping the entire market
dub: not sure how anyone can stay at this point
Doffx: I left a long time ago
Doffx: I own 1 stock and I tried to sell it
Doffx: But then the .0034 bidwall got put up and fucked me.
dub: I own 1 DMC and a soon as someone pays me one million btc for it, im out
Diablo-D3: I guess Im stuck slowly buying everything back
Diablo-D3: so just buy up all the dmc on the market
assbot: [GLBSE] [GIGAMINING] 10 @ 0.5989 = 5.989 BTC [-]
assbot: [GLBSE] [GIGAMINING] 10 @ 0.59 = 5.9 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.59 BTC [-]
assbot: [MPEX] [S.MPOE] 50100 @ 0.0003653 = 18.3015 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 5 @ 0.9 = 4.5 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 2 @ 0.94 = 1.88 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 10 @ 0.95 = 9.5 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 1 @ 0.97 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 10 @ 0.97899 = 9.7899 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 39 @ 0.979 = 38.181 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 1 @ 0.979 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 1 @ 0.98 BTC [+]
assbot: [GLBSE] [BFLS.RIG] 2 @ 0.98 = 1.96 BTC [+]
assbot: [MPEX] [S.MPOE] 17000 @ 0.00036192 = 6.1526 BTC [-]
mircea_popescu: "I was turned off by an otherwise-appealing open-source project after seeing that Zynga had contributed to it"
Diablo-D3: "I want to write a simple program in python with two libraries, but one requires python2, and the other python3."
Azelphur: Diablo-D3: I like this subreddit xD
mircea_popescu: "I want to write a simple program in python with two libraries, but one requires python2, and the other python3."
Diablo-D3: yeah, clearly bitcoin is fucktarded
Diablo-D3: "I used Bash for three years before learning about tab completion"
Diablo-D3: because the black mages has a good version of it
BTC-Mining: The full original version is good enough for me.
Diablo-D3: actually, Im almost considering playing either ToP or ff5 again
BTC-Mining: Eh, I'd need to get ff5 or seiken densetsu 3
assbot: [MPEX] [S.MPOE] 21006 @ 0.00036077 = 7.5783 BTC [-]
BTC-Mining: I just don't have so much time to play everything.
BTC-Mining: I pretty much never played anything that was not released in North America
assbot: [GLBSE] [RAREEARTH] 1 @ 0.00999999 BTC [+]
Diablo-D3: I dont think I can ever play earthbound again
Diablo-D3: BTC-Mining: tales of phantasia had a jpop intro. on the snes. with lyrics.
BTC-Mining: played illusion of gaia and star ocean
Diablo-D3: terranigma's internal project name was illusion of gaia 2, but they're unrelated games (same way FF games are)
Diablo-D3: star ocean was made by the same team that did tales of phantaisa
Diablo-D3: star ocean and ToP are impressive uses of the snes hardware
Diablo-D3: oh, and I assume you've already played chrono trigger
Diablo-D3: BTC-Mining: Im not sure if you know this, but the black mages is nobuo uematsu's rock band
Diablo-D3: him and two other squaresoft composers
BTC-Mining: yeah of course, never heard anything from them tho
assbot: [GLBSE] [GSDPT] 34 @ 0.0033995 = 0.1156 BTC [+]
Diablo-D3: chrono trigger is the best rpg ever. on any platform.
Diablo-D3: its basically portal for old school jrpgs
Diablo-D3: everything that needs to be there is there
Diablo-D3: and it doesnt help I've beaten it like 50 times
BTC-Mining: I'm not sure why the cult around Chrono Trigger. Definitely one of the best I ever played but still...
Diablo-D3: I mean, like, Ive played basically every great jrpg ever
Diablo-D3: and ct still tops it and I cant figure out why
BTC-Mining: I don't like that Black Mages version too much.
Diablo-D3: earthbound papas is nobuo uematsu's OTHER band.
BTC-Mining: The fact it's synthetized is a bit annoying, especially for the chorus.
Diablo-D3: yeah especially when theres very good synth choirs out there
BTC-Mining: But the rest is perfect. Closer to SNES sounds.
Diablo-D3: everything needed to do final fantasy music: ewql symphonic orchestra, ewql symphonic choir, ewql stormdrum
Diablo-D3: thats like $3000 worth of software
Diablo-D3: ewsqlso is like 5 DVDs or some shit
assbot: [MPEX] [F.GIGA.ETF] 700 @ 0.00045505 = 0.3185 BTC [+]
mircea_popescu: "I think Bitcoin and cryptocurrency stands to challenge and has the potential to topple the very notion of unlawful trade, just like the printing press challenged and toppled the notion of unlawful speech."
dub: BTC-Mining: aren't you chinese? should be familiar with that concept
Diablo-D3: sqaure is fucktarded for not using this music in a ff6 port
dub: oh, I assumed the lack of logic and reasoning was cultural
Diablo-D3: dub: you almost owe me a new keyboard
assbot: [GLBSE] [BDK.BND] 2 @ 0.0495 = 0.099 BTC [+]
BTC-Mining: Some sounds are too low while most beats are just... way too high.
assbot: [GLBSE] [BBBB] 140 @ 0.00016 = 0.0224 BTC [+]
BTC-Mining: I can't have it loud enough without having the occasional blast shredding my eardrums.
Diablo-D3: the way dancing mad was meant to be
rdponticelli_: mircea_popescu: Have you thought about listing ASICMINER on mpex?
Diablo-D3: it wouldnt be a passthrough either
Diablo-D3: friedcat will hold onto shares off glbse if you have enough
BTC-Mining: So anyway. Apparently I'm chinese for being on GLBSE, because it's cultural for chinese people to lack logic. Seems somewhat racist.
mircea_popescu: if they actually deliver something at some point we can talk ofcourse, but atm seems premature
assbot: [MPEX] [S.MPOE] 4300 @ 0.00036134 = 1.5538 BTC [+]
Diablo-D3: "When I was your age, we rocket jumped all the way to school uphill, both ways, in boiling lava"
assbot: [MPEX] [S.BVPS] 7800 @ 0.00351 = 27.378 BTC [+]
assbot: [GLBSE] [COGNITIVE] 2 @ 0.57999999 = 1.16 BTC [-]
assbot: [GLBSE] [COGNITIVE] 21 @ 0.58 = 12.18 BTC [+]
dub: <BTC-Mining> So anyway. Apparently I'm chinese for being on GLBSE
dub: not sure I could have illustrated that point any better, thanks.
assbot: [GLBSE] [GOLD] 10 @ 0.00999998 = 0.1 BTC [+]
assbot: [GLBSE] [COGNITIVE] 3 @ 0.5551005 = 1.6653 BTC [-]
assbot: [GLBSE] [COGNITIVE] 7 @ 0.55510049 = 3.8857 BTC [-]
assbot: [GLBSE] [COGNITIVE] 1 @ 0.55 BTC [-]
tbcoin: Someone could summarize what the fuck is going on with nefarious and goat / TYGRR?? I've been off the topic a while now and I do not understand what happens.
Diablo-D3: tbcoin: basically he delisted goat's assets without warning
Diablo-D3: and now is trying to force a broken redeem system on goat
Diablo-D3: and is also holding hostage any btc goat had on bitcoin
Diablo-D3: because nefario already spent it on coke
assbot: [MPEX] [S.MPOE] 9300 @ 0.00036162 = 3.3631 BTC [+]
tbcoin: nefarious has given any explanation? forum I see lot of laps about the communication between them
Diablo-D3: even bitcointalk admins have ordered him to give a good reason
BTC-Mining: Basically, long ago, someone created a scam asset called "GLBSE"
tbcoin: delisted OK, SEC FUD, but freeze his account?
dub: it stems from goat holding an asset called GLBSE that was initailly a scam that nefario took over and said he would make legitimate but then didnt and now wants back for some reason
Diablo-D3: BTC-Mining: yeah, ut that has nothing to do with it
Diablo-D3: or rather, even if nefario acted out of revenge, he STILL did it
dub: bascially nefario is retarded and glbse.com is a scam
BTC-Mining: Nefario said he would honor those shares even if the scammer ran away with this.
Diablo-D3: because glbse shareholders will rape him in both holes
BTC-Mining: So Chaang understood it as owning GLBSE and decided to buy shares.
Diablo-D3: that doesnt tie into why nefario closed goat's assets
tbcoin: I withdraw all my funds at the moment to removal TYGRR
Diablo-D3: nefario did it because goat made a big stink about it
Diablo-D3: tbcoin: a lot of assets are leaving because of what nefario did to goat and dmc
BTC-Mining: Now Nefario wanted to pay back for the shares but Chaan was unhappy about that and not owning a good part of GLBSE and wanted more for the shares than their IPO price if I recall right.
BTC-Mining: Chaang was demanding Nefario to be tagged as a scammer and was uncooperative.
Diablo-D3: BTC-Mining: yeah, but the irony now is, nefario might get that tag
BTC-Mining: Nefario decides to kick all Chaang's assets off of GLBSE.
BTC-Mining: Should have at least allowed some delays for Chaang to prepare.
tbcoin: business in bitcoin are full of BS...
Diablo-D3: Smoovious: yes, but nefario still participated in that pissing contest
Diablo-D3: and has destroyed glbse in the process
tbcoin: then, in the magical case of pirate pay something someday, goat would take it or he still refuses to use the nefarious codes?
dub: the code scheme is broken, goat would be an idiot to entertain any notion of using the solution nefario provided
dub: yes, it is. Look at Joel's posts for explanation
dub: insecure, unverifiable, relies on goat and nefario trusting each other which they obviously dont
tbcoin: Smoovious: he must fulfill their holders, unless deemed in breach of contract after leaving glbse
BTC-Mining: Being on GLBSE at all requires trust in Nefario... Why would GLBSE platform hold any more trust than the codes
dub: its simpler than that, as soon as there is a dispute (e.g. someone tries to claim twice) everyone is fucked
dub: because goat cannot trust nefario to have not maliciously issued teh same code twice, and nefario cannot trust goat to have invented the double claim
tbcoin: the sending of the code was done wrong by Nefario, that's for sure
BTC-Mining: Well why doesn't he just regenerate the codes and send them encoded?
tbcoin: BTC-Mining: is an option, now that reach an agreement ...
tbcoin: is a fight, like many things other things around here, lengthen and lengthen until people forget and give up all for lost.
BTC-Mining: That or implement a system for people to submit a BTC adress Nefario can then give to Chaang.
mircea_popescu: BTC-Mining he should put a system in where ppl can load their gpg signatures
mircea_popescu: this would be incidentally rebuilding mpex, but hey. for a good cause...
mircea_popescu: nobody can double claim, nefario can prove all the claims legitimate and goat can prove all the claims legitimate
mircea_popescu: but the entire thing is a good exercise of "how would bitcoin look if nefario was satoshi"
dub: Smoovious: laywers would argue that by doing anything with the list goat is admitting _some_ liability for it
dub: lawyers might argue that as well
mircea_popescu: oh, the "try it out see if it fits" solution that idiot proposed on the forum is the worst of them all.
dub: liability for nefarios unilateral decision to cause the problem?
dub: are you, perhaps, chinese?
assbot: [MPEX] [F.GIGA.ETF] 1100 @ 0.00045505 = 0.5006 BTC [+]
assbot: [GLBSE] [GSDPT] 150 @ 0.0033994 = 0.5099 BTC [-]
assbot: [GLBSE] [GSDPT] 2 @ 0.0033994 = 0.0068 BTC [-]
dub: alternative to timestamping tits, stick sharpie in pooper
assbot: [GLBSE] [GSDPT] 20 @ 0.0033994 = 0.068 BTC [-]
novusordo: dub: don't talk about /b/ outside of /b/, newfag
novusordo: i was not implying he was homosexual.
kakobrekla: o, you can find a cute ass or two there
dub: novusordo: there are no rules, you're teh newfag
dub: but mircea_popescu is right, im an exfag
assbot: [MPEX] [F.GIGA.ETF] 400 @ 0.00045504 = 0.182 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 7056 @ 0.00045504 = 3.2108 BTC [-]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00036201 = 5.4302 BTC [+]
assbot: [MPEX] [S.MPOE] 39400 @ 0.00036134 = 14.2368 BTC [-]
assbot: [GLBSE] [ASICMINER] 2 @ 0.10999979 = 0.22 BTC [-]
assbot: [GLBSE] [ASICMINER] 3 @ 0.1099998 = 0.33 BTC [+]
assbot: [MPEX] [S.MPOE] 35500 @ 0.00036251 = 12.8691 BTC [+]
assbot: [GLBSE] [BTC-MINING] 1 @ 0.959033 BTC [+]
assbot: [GLBSE] [BTC-MINING] 5 @ 0.96 = 4.8 BTC [+]
assbot: [GLBSE] [GSDPT] 35 @ 0.003301 = 0.1155 BTC [-]
assbot: [GLBSE] [GSDPT] 315 @ 0.0033 = 1.0395 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1004 @ 0.00045487 = 0.4567 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 5296 @ 0.00045487 = 2.409 BTC [-]
Chaang-Noi: what maged said about him being a scammer?
Chaang-Noi: its silly i cant use option 1 or option 2 until i have a new exchange
mircea_popescu: i like how maged got all excited over the tech part :D
Chaang-Noi: next maged will come after me for not doing anthing
mircea_popescu: but anyway, how many actual shareholders do you expect ? a hundred or so ?
Chaang-Noi: is maged saying made a new type of coin?
Chaang-Noi: tygrr-[ had a value of like 40,000 btc
Chaang-Noi: i dont code and maged can tell me to do so
Chaang-Noi: im sure the shareholders can make something forme
Chaang-Noi: that is if they accept tghe code system
Chaang-Noi: if i were them id tell nefario to fuck off
Diablo-D3: Chaang-Noi: maged is still thinking about giving nefario a scammer tag and setup a url filter to label all glbse links as scams
mircea_popescu: Chaang-Noi the solution is relatively easy for shareholders, they just import key to wallet and sign a message with the new addy
Chaang-Noi: that means that all my links to assets will be scams?
mircea_popescu: it is a little complex for you tho as it will require custom coding
Chaang-Noi: maged was lied to by nefario so maged im sure is pissed
Chaang-Noi: but nefario im pretty sure will be protected
mircea_popescu: you think theymos values his < 5k investment that highly ?
Diablo-D3: theymos is selling his glbse shares
Chaang-Noi: no where in my contract does it say i have to operate an exchange...
mircea_popescu: well ya but there's not that many shares left you know
assbot: [GLBSE] [OBSI.HRPT] 27 @ 0.007 = 0.189 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 30 @ 0.00719999 = 0.216 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.00743803 = 0.0298 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00749998 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00870863 = 0.0174 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 2 @ 0.00916005 = 0.0183 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00975394 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.009788 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 4 @ 0.00979627 = 0.0392 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 192 @ 0.01 = 1.92 BTC [+]
Bugpowder: theymos is a little late on the share sale
mircea_popescu: by monday people are "hey, are you selling cause of nefario ?"
pigeons: usagi did you ever explain what gives you the right to close .B before making sure everyone who trusted you with .A gets their coins back?
mircea_popescu: if A doesn't get full capital back after he closes B he's getting -'d to hell.
mircea_popescu: might as well find a different mythological creature to be.
assbot: [GLBSE] [BFLS.RIG] 2 @ 0.799001 = 1.598 BTC [-]
assbot: [GLBSE] [BFLS.RIG] 1 @ 0.784 BTC [-]
assbot: [MPEX] [S.MPOE] 24040 @ 0.00036228 = 8.7092 BTC [-]
pigeons: usagi: i'm serious i can't read every line of the channel and the forum. can you answer?
Bugpowder: usagi, what happens to NYAN.A if its assets go bad and B has already been refunded
pigeons: so NYAB.B is not collateral for NYAN.A?
Bugpowder: My concern with NYAN.A is sufficient that I sold out of B.MPCP.B at 5% below par today
pigeons: usagi: so you are getting rid of the collateral for NYAN.A?
pigeons: you will sign something with the key to an address that holds enough collateral to repay NYAN.A?
rdponticelli: I would like to own some asicminer, or some moore outside of glbse
mircea_popescu: rdponticelli i think the asicminer ppl do private booking tho neh ?
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.33 BTC [-]
dub: PROTIP: GLBSE is in th process fo blowing up and closing
pigeons: well just because the other funds you ran went out of business doesn't mean i don't trust you that NYAN.A is in zero danger, but the agreement was that NYAN.B could be sold and given to .A investors to ensure that?
Bugpowder: Yeah.. that is the other reason I got out of the B tranche. GLBSE could be gone by Nov 1st.
assbot: [GLBSE] [YABMC] 1 @ 0.07479999 BTC [-]
Bugpowder: time to make a bets of bitcoin bet
mircea_popescu: Bugpowder what's the connection between .b and glbbq ?
Chaaang-Noi: if nefario has the scammer tag it will hurt glbse im sure
Bugpowder: uhh an who knows what Patrick is exposed to
pigeons: but you need to close .A first
mircea_popescu: patrick is mostly exposed to his paycheck, which is why he gets the trust
pigeons: yes but how is that not screwing over .A?
mircea_popescu: i have no doubt he made massive losses, but i'm pretty sure he limited his investments to what he can actually cover, unlike pretty much everyone else.
Bugpowder: gotta stop trading on 2 cups of coffee and no breakfast
mircea_popescu: obviously this is speculation. but the guy is actually licensed to do finance
pigeons: but .A was collateralized by .B and now is "trust me"
assbot: [GLBSE] [HYDRO.BONDS] 3 @ 1.32599 = 3.978 BTC [-]
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.32589 BTC [-]
pigeons: ok, sounds like .A is a worse deal than it was earlier for sure now
pigeons: so what if something on NYAN.A goes bad?
assbot: [GLBSE:NYAN.A] [Bid: 0.8104] [Ask: 0.98] [Spread: 0.1696] [Last: 0.99] [24hVol: ] [7dAvg: 0.98559992]
pigeons: but .C is the one with the OBSI.HRPT?
pigeons: well surely not the "low risk only one"
assbot: [GLBSE:CPA] [Bid: 0.016] [Ask: 0.02999999] [Spread: 0.01399999] [Last: 0.015] [24hVol: 1.69248001] [7dAvg: 0.03625638]
pigeons: its fine cause you can always use NYAN.B to cover it. except when ther is no .B to cover it
assbot: [GLBSE] [GIGAMINING] 2 @ 0.58000005 = 1.16 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.58000004 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.58 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.57 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5602 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.56000002 BTC [-]
assbot: [GLBSE] [GIGAMINING] 6 @ 0.56 = 3.36 BTC [-]
assbot: [GLBSE] [GIGAMINING] 8 @ 0.556 = 4.448 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.5511 = 1.1022 BTC [-]
assbot: [GLBSE] [GIGAMINING] 4 @ 0.5508 = 2.2032 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5502 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.55 BTC [-]
assbot: [GLBSE] [GIGAMINING] 10 @ 0.55 = 5.5 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.55 = 1.1 BTC [-]
pigeons: does cpa sign an address that has the funds to back it?
Chaaang-Noi: usagi pigeons has a good point, if this blows up in yourface you will be accused of fraud
assbot: [GLBSE] [YABMC] 1 @ 0.0733 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07320004 = 0.1464 BTC [-]
assbot: [GLBSE] [YABMC] 6 @ 0.07320002 = 0.4392 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.07315 = 0.1463 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07315 BTC [-]
assbot: [GLBSE] [YABMC] 4 @ 0.07312 = 0.2925 BTC [-]
assbot: [GLBSE] [YABMC] 18 @ 0.0731 = 1.3158 BTC [-]
assbot: [GLBSE] [YABMC] 16 @ 0.0708 = 1.1328 BTC [-]
Chaaang-Noi: does anyone think i should try to get my listing fees recovered since i am no longer listed and i did not violate the TOS?
pigeons: no you do not do what you say, you say you will back .A with .B, except when you change your mind
pigeons: it does not explain why you can buy .b without moving that to .A or buying back .A
pigeons: ok well i prefered ".A won't default cause you can use .B to cover" over "trust me"
pigeons: i'm not a shareholder anymore, i sold the moment i saw you buy "High risk passthrough" shares for a "low risk insured investments only" fund
assbot: [GLBSE] [ASICMINER] 6 @ 0.1099998 = 0.66 BTC [+]
pigeons: are the holdings of .A public?
dub: its all low risk DMC
assbot: [GLBSE] [ASICMINER] 30 @ 0.11 = 3.3 BTC [+]
assbot: [MPEX] [S.MPOE] 2718 @ 0.00036251 = 0.9853 BTC [+]
assbot: [GLBSE] [THUNDERCM.MIF.SHARES] 5 @ 0.483 = 2.415 BTC [+]
assbot: [MPEX] [S.MPOE] 29492 @ 0.00036527 = 10.7725 BTC [+]
assbot: [MPEX] [S.MPOE] 13570 @ 0.0003653 = 4.9571 BTC [+]
assbot: [MPEX] [S.MPOE] 41200 @ 0.00036619 = 15.087 BTC [+]
assbot: [MPEX] [S.MPOE] 31800 @ 0.00036661 = 11.6582 BTC [+]
assbot: [MPEX] [S.MPOE] 9900 @ 0.00036671 = 3.6304 BTC [+]
assbot: [MPEX] [S.MPOE] 47500 @ 0.00036675 = 17.4206 BTC [+]
assbot: [MPEX] [S.MPOE] 50126 @ 0.0003671 = 18.4013 BTC [+]
assbot: [MPEX] [S.MPOE] 48727 @ 0.00036754 = 17.9091 BTC [+]
assbot: [MPEX] [S.MPOE] 49200 @ 0.00036757 = 18.0844 BTC [+]
assbot: [MPEX] [S.MPOE] 39000 @ 0.00036801 = 14.3524 BTC [+]
assbot: [MPEX] [S.MPOE] 58516 @ 0.00036852 = 21.5643 BTC [+]
assbot: [MPEX] [S.MPOE] 48100 @ 0.00036869 = 17.734 BTC [+]
assbot: [MPEX] [S.MPOE] 39100 @ 0.0003692 = 14.4357 BTC [+]
assbot: [MPEX] [S.MPOE] 35237 @ 0.00036962 = 13.0243 BTC [+]
assbot: [MPEX] [S.MPOE] 17032 @ 0.00037006 = 6.3029 BTC [+]
BTC-Mining: The transparency and safety is in BTC-BOND
pigeons: HRPT does not fit the risk profile for me for .A i would rather they were sold and the btc held until appropriate assets could be found
assbot: [MPEX] [S.MPOE] 15000 @ 0.00037006 = 5.5509 BTC [+]
dub: 'I will give you the benefit of the doubt but you are either an idiot or a scammer'
Chaang-Noi: I will give you the benefit of the doubt and assume this was just a bad decision on your part. But several people have already told me privately that they believe you are conspiring with Nefario to appear to pressure him into an agreement that we all know Goat won't accept to shift the blame to Goat. I hope that's not true and that this was just an honest lapse in judgment.
assbot: [GLBSE] [BMF] 1 @ 0.46999999 BTC [+]
Chaang-Noi: anyone who has read that thread knows what you said. you vs everyone but mages, lol
assbot: [MPEX] [S.MPOE] 1000 @ 0.0003603 = 0.3603 BTC [-]
femtotube: Chaang-Noi: it's really hard to trust any shares on any exchange now days.
Eisenhower34: true, its hard to trust anybody, not onlyexchanges...
Chaang-Noi: no more drama from me mp on the glbse delisting
Eisenhower34: at the moment its much easier to list those who didnt default than those who did...
assbot: [GLBSE] [SILVER] 1 @ 0.00999998 BTC [-]
assbot: [GLBSE] [SILVER] 1 @ 0.00999999 BTC [+]
Eisenhower34: starting with pirate / matthew / rusty / obsi / BDT / ... the list seems endless
Eisenhower34: you only have to go through the lending section and find "scammers"
rg: [07:39] <Eisenhower34> at the moment its much easier to list those who didnt default than those who did...
Chaang-Noi: i did not default... but was delsited haha
rg: Chaang-Noi hacked my wallet and stole my BC
Chaang-Noi: i cant be the only person who did not default can id?
farfi: tumbleweed then...
rg: Chaang-Noi: won't you default if pirate never pays?
assbot: [MPEX] [F.GIGA.ETF] 1947 @ 0.00045474 = 0.8854 BTC [+]
Chaang-Noi: i paid my insured bonds already, i dont understand your question
rg: well all your money was with pirate
rg: if pirate doesnt give it back
rg: how many ltc do yuo have
rg: did you get to 100k yet?
Chaang-Noi: check the address you sent to yesterday
Chaang-Noi: fuck im going to buy more at market right now
rg: why not sell now for a healthy profit
rg: actually i guess it wouldnt be too healthy
rg: i sold to you at 0.006 before
Chaang-Noi: my 100k plus ltc are more or less free
gribble: nefario was last seen in #bitcoin-assets 1 week, 1 day, 16 hours, 12 minutes, and 41 seconds ago: <nefario> Those assets are not listed or traded anymore
farfi: I guess with all Pirate and goat related stuff gone... has no reason to come here...
femtotube: I am no anti* blah. If one fucked up and other did too, then lets untangle the cluster-fuck and move on.
femtotube: looks like those forum mods have no balls to ask the proper questions :)
assbot: [MPEX] [S.MPOE] 10328 @ 0.0003603 = 3.7212 BTC [-]
assbot: [MPEX] [S.MPOE] 10100 @ 0.00036019 = 3.6379 BTC [-]
assbot: [MPEX] [S.MPOE] 30372 @ 0.00036003 = 10.9348 BTC [-]
femtotube: political correctness is the main cause for most of the fuck ups
Chaang-Noi: i was not being politicaly correct haha
assbot: [GLBSE] [LTC-MINING] 3 @ 0.43 = 1.29 BTC [+]
assbot: [GLBSE] [LTC-MINING] 2 @ 0.4152 = 0.8304 BTC [-]
assbot: [GLBSE] [LTC-MINING] 6 @ 0.4152 = 2.4912 BTC [-]
assbot: [GLBSE] [LTC-MINING] 11 @ 0.415 = 4.565 BTC [-]
assbot: [GLBSE] [LTC-MINING] 20 @ 0.4101 = 8.202 BTC [-]
assbot: [GLBSE] [LTC-MINING] 11 @ 0.41 = 4.51 BTC [-]
farfi: Chaang-Noi- of course not
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54121001 BTC [-]
farfi: Have some myself... waiting patiently...
farfi: VERY patiently then :)
Chaang-Noi: it will be nice if nefario does take liability for things going wrong
rg: and people wonder why i dont have aphone
assbot: [GLBSE] [NYAN.B] 1 @ 0.34961279 BTC [-]
assbot: [GLBSE] [NYAN.B] 1 @ 0.41785599 BTC [+]
assbot: [GLBSE] [NYAN.B] 1 @ 0.45 BTC [+]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54121 BTC [-]
Chaang-Noi: i have a phone,. but i only use it as a portable internet connection
assbot: [GLBSE] [NYAN.B] 1 @ 0.635 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.077 BTC [-]
assbot: [GLBSE] [GIGAMINING] 6 @ 0.5412 = 3.2472 BTC [-]
assbot: [GLBSE] [GIGAMINING] 5 @ 0.54120001 = 2.706 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.076 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.075 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.074 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.073 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.072 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.071 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54989999 BTC [+]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.4 BTC [+]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.375 BTC [-]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.336 BTC [-]
assbot: [GLBSE] [FPGAMINING] 4 @ 0.2502 = 1.0008 BTC [-]
assbot: [GLBSE] [FPGAMINING] 1 @ 0.25 BTC [-]
assbot: [GLBSE] [GIGAMINING] 9 @ 0.54999999 = 4.95 BTC [+]
assbot: [GLBSE] [GIGAMINING] 9 @ 0.55 = 4.95 BTC [+]
femtotube: ok, one dead cat did a tiny bounce :)
assbot: [MPEX] [S.MPOE] 35228 @ 0.00036003 = 12.6831 BTC [-]
assbot: [MPEX] [S.MPOE] 14700 @ 0.0003599 = 5.2905 BTC [-]
assbot: [MPEX] [S.MPOE] 8037 @ 0.00035987 = 2.8923 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.069 BTC [-]
assbot: [GLBSE] [RAREEARTH] 5 @ 0.01 = 0.05 BTC [+]
assbot: [GLBSE] [YABMC] 1 @ 0.068 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.067 BTC [-]
assbot: [GLBSE] [YABMC] 8 @ 0.066 = 0.528 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.06512 = 0.1302 BTC [-]
assbot: [GLBSE] [YABMC] 3 @ 0.065 = 0.195 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 5966 @ 0.00045478 = 2.7132 BTC [+]
assbot: [GLBSE] [GSDPT] 50 @ 0.00339 = 0.1695 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.24 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.23 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.23 BTC [-]
assbot: [GLBSE] [GIGAMINING] 11 @ 0.5599 = 6.1589 BTC [+]
Chaang-Noi: the reatrds took the lack of understanding a mining bond to the delisting
Chaang-Noi: saying nefario delisted cuz i did not mine when i had a mining bond!
assbot: [GLBSE] [BITBOND] 1 @ 0.22000001 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.22 BTC [-]
assbot: [MPEX] [S.MPOE] 15163 @ 0.00035987 = 5.4567 BTC [-]
assbot: [MPEX] [S.MPOE] 24140 @ 0.00035983 = 8.6863 BTC [-]
assbot: [GLBSE] [BFLS] 1 @ 0.60500002 BTC [-]
assbot: [GLBSE] [BFLS] 1 @ 0.60500003 BTC [+]
assbot: [GLBSE] [BFLS] 1 @ 0.60500001 BTC [-]
assbot: [GLBSE] [BFLS] 5 @ 0.605 = 3.025 BTC [-]
Chaang-Noi: only action is people selling glbse shares....
assbot: [GLBSE] [BFLS.RIG] 1 @ 0.65 BTC [-]
imsaguy2: "payback is to build trust for the future"
imsaguy2: so basically, anyone doing any business, legit or not, can be labelled a scammer
DeaDTerra: any angry screaming crowd I have to take care of yet?
DeaDTerra: oki, I have yet to get any death threats so that's a plus. I have had some angry people, but they were very civilized about their anger. I am impressed
assbot: [GLBSE] [BMMO] 2 @ 0.04499838 = 0.09 BTC [+]
assbot: [GLBSE] [BMMO] 62 @ 0.04499839 = 2.7899 BTC [+]
assbot: [GLBSE] [BMMO] 1 @ 0.0449984 BTC [+]
assbot: [GLBSE] [BMMO] 50 @ 0.04499866 = 2.2499 BTC [+]
assbot: [GLBSE] [BMMO] 20 @ 0.044999 = 0.9 BTC [+]
assbot: [GLBSE] [BMMO] 170 @ 0.045 = 7.65 BTC [+]
rdponticelli: I foresee everybody labeled as scammer by default...
farfi: guilty until proven innocent
farfi: just like the real world
DeaDTerra: You are a scammer, why? because you can't prove that you aren't. Well I haven't scammed anyone yet? doesn't matter you can't prove that you won't
imsaguy2: and if you pay everyone back, by definition, that isn't a ponzi
imsaguy2: but I'll just shut up and go back to my corner
DeaDTerra: I never guaranteed anything. I actually stated the only thing I guarantee is that I will try my best.
DeaDTerra: But they will probably get me a scam tag some how anyways.
OneEyed: I don't think why Chaang-Noi would be labelled a scammer for not investing into mining equipment. I've just posted in the thread asking how it would make a difference.
rdponticelli: Funnier thing is that I bet most people even made a profit if you count it in fiat
DeaDTerra: The idea is if he doesn't invest into mining then he might not be able to pay it back hence he's a scamer.
DeaDTerra: i can see how people have thought but it's not logical. yet again people are jumping to conclusions
rdponticelli: You have to be aware that you're kind of shorting BTC when you invest
OneEyed: rdponticelli is the only one converting to FIAT when it's time to compute a profit/loss :)
OneEyed: rdponticelli: usagi is the only one converting to FIAT when it's time to compute a profit/loss :)
rdponticelli: But I'm saying that if you want your btc so much, keep them
kakobrekla: and if you dont want them, send over here.
rdponticelli: If you buy equipment, you're investing in the security of the network, but you may lost profitability in pure BTC
OneEyed: How can people invest in perpetual (i.e. no buyback date!) fixed mining bonds?
OneEyed: This reminds be of this "mining turds" thread, which was right to the point
assbot: [GLBSE] [SILVER] 15 @ 0.00999999 = 0.15 BTC [+]
rdponticelli: There's plenty of people who just throw coins at things...
assbot: [MPEX] [S.MPOE] 39933 @ 0.00035983 = 14.3691 BTC [-]
assbot: [MPEX] [S.MPOE] 29567 @ 0.00035978 = 10.6376 BTC [-]
assbot: [GLBSE] [GSDPT] 42 @ 0.00339 = 0.1424 BTC [+]
assbot: [GLBSE] [GSDPT] 1128 @ 0.0033994 = 3.8345 BTC [+]
assbot: [GLBSE] [GSDPT] 1018 @ 0.0033995 = 3.4607 BTC [+]
assbot: [GLBSE] [GSDPT] 2212 @ 0.0034 = 7.5208 BTC [+]
Chaang-Noi: DeaDTerra you just called me a scammer?
OneEyed: Chaang-Noi: he didn't, he just explained how people seem to see it
DeaDTerra: I just said that I understand how they are thinking but the logic is totally incorrect
DeaDTerra: Instead of backing the bonds with hardware you are backing it with private capital that doesn't make you a scammer.
OneEyed: People should learn to do some basic mathematical infinite sums or integration before investing in such a "perpetual" bond
DeaDTerra: not paying makes you a scammer. But I mean GIGAVPS could just say fuck it I am not paying even though he has hardware, so hardware does not mean securer or better backing.
OneEyed: (or count on finding gullible people to buy the bonds)
Chaang-Noi: deadt was about the oly guy i trusted with my btc for a while
DeaDTerra: I am not leaving, just stepping down for a while ^^ I need to finish school and I need to see how the market develops. I will keep running my own projects behind the scene ;) so don't worry about me
DeaDTerra: thanks m8, same to you. I hope Nefario changes his mind and relists your assets again.
imsaguy2: <rdponticelli> If you buy equipment.. but you may lost profitability in pure BTC << True, but you're also diversifying a bit so taht if the exchange rate starts going down, you'll still have a net gain in USD because of the mining income
imsaguy2: its essentially a diversification
imsaguy2: right now it isn't obvious because diff and price are going up
imsaguy2: if/when there's a time it comes crashing down again (ala last June), they'll be glad its there
Chaang-Noi: if nefario delisted me cuz mining bonds oh lol
rdponticelli: So, if somebody just want their coins, he must held them himself
rdponticelli: If you're putting them somewhere, anywhere, you're risking, and in a way you're shorting
rdponticelli: But is important to notice too that investing in hardware, and even in mining bond, is investing in the security of the network
imsaguy2: there's a very rudimentary definition
rdponticelli: So what you loose on nominal terms in pure btc, you gain on the relative value between btc and other commodities
assbot: [GLBSE] [BITBOND] 2 @ 0.21530001 = 0.4306 BTC [-]
assbot: [GLBSE] [BITBOND] 5 @ 0.2153 = 1.0765 BTC [-]
assbot: [GLBSE] [BITBOND] 23 @ 0.2153 = 4.9519 BTC [-]
assbot: [GLBSE] [BITBOND] 9 @ 0.2152 = 1.9368 BTC [-]
assbot: [GLBSE] [BITBOND] 50 @ 0.215 = 10.75 BTC [-]
mircea_popescu: so in case anyone cares : i've switched my blog to english now.
Azelphur: it still has that scary dude in the header
mircea_popescu: rdponticelli coming up next, i'ma weigh on mpex listing criteria.
Chaang-Noi: anyone think i will get banned for "scamming" from the forum soon?
Chaang-Noi: i was told i would get banned if i did not do someht maged asked
assbot: [MPEX] [S.MPOE] 9429 @ 0.00035978 = 3.3924 BTC [-]
assbot: [MPEX] [S.MPOE] 52271 @ 0.00035974 = 18.804 BTC [-]
imsaguy2: how are they going to do that?
Chaang-Noi: Sorry to bring you into this, but I have to.
Chaang-Noi: Within the next 48 hours, please CC Maged@lordaeron.org and theymos@mm.st in an email to Nefario that contains the Bitcoin address you want him to send to. GPG sign it if you have a recognized GPG key.
Chaang-Noi: Failure to do so will result in you being marked as a scammer and possibly even banned for the following reasons:
Chaang-Noi: 1) Publicly lying about having sent Nefario a Bitcoin address. This will be considered libel and ALL posts, made by anybody, referencing this specific lie will be DELETED to protect the forum from legal action.
Chaang-Noi: 2) Not attempting to uphold your contract with your investors in good faith.
Chaang-Noi: I've had it with these games, from BOTH Nefario and you.
Chaang-Noi: but the thing is... i did not play games or lie
Chaang-Noi: and them maged covered for nefario saying it was a misunderstanding
imsaguy2: so now they are claiming libel?
imsaguy2: but all the other slanders are ok?
Chaang-Noi: he then went on to say i was acting in bad faith after i send him the weeks emails
Chaang-Noi: theymos told me that PM are not private messages but personallal messages
Chaang-Noi: if maged wanted it to be private he would have sent via email
Chaang-Noi: smoovious... no one cares what you think... you are a retard for not understandig what a bond is
rdponticelli: lol, getting your ass banned could be the next step...
Chaang-Noi: i was going to get banned if i did not do what maged demanded
assbot: [GLBSE] [BIT.INC] 1 @ 0.1 BTC [+]
Azelphur: GLBSE/MPEx are prolly gonna die anyway, because all the US assets are unable to follow SEC regulations
Azelphur: so at some point in the future all the US assets will have to delist
imsaguy2: Azelphur, even if not illegal, they won't have the funds to defend themselves
Chaang-Noi: im glad im out, but im not glad i cant pay people back
Chaang-Noi: you cant even understand how a mining bond works...
Chaang-Noi: i know a lot of people do not like me, and many more even hate me, but really if you cant understand how a mining bond works, this is not the palce for you.
Chaang-Noi: yes nefario and glbse did exactly what i wanted them to do, im the pupet master...
jcpham: opportunistic troll here
jcpham: read more goddamn goat text
Chaang-Noi: smoovious is just jelly, has no btc, so calls me scammer cuz cant understand contract...
MrTiggr: yu never fail to provide, goat
MrTiggr: kiss and make up you two, we know yu dont mean it
jcpham: my hat comes off and on with ease
MrTiggr: stop feeding the trolls :P
Chaang-Noi: its been going on for months and he just now is rejecting them
Chaang-Noi: smoo is the only toy i can play with :9
MrTiggr: damn .. whenever i am hungry i just know to look for goat or smoo on my graohs these days :P
Chaang-Noi: tiggr, odds on my getting banned in the next few days on the forum?
MrTiggr: go roll a spliff and go watch the blockchain spend for a while at ISeeCoins.org
Chaang-Noi: maged said i would be banned in 48 hours...
jcpham: so make another account?
jcpham: because you seem to care about being banned
Chaang-Noi: i gave 50 btc to the forum as a donoation
MrTiggr: turn "autolayout" on at iseecoins for maximum psychadelic effect :P
Chaang-Noi: but if they do ban me, i wont come back
gribble: Error: "bc,goatbanestimate" is not a valid command.
MrTiggr: <Chaang-Noi> cuz i love btc << WORD to that
MrTiggr: thats why we're here isnt it
Chaang-Noi: will they abuse power even more and snuff me?
assbot: [MPEX] [S.BVPS] 7090 @ 0.00341 = 24.1769 BTC [-]
MrTiggr: Smoovious: hrmmm ... mebbe try Ctrl-+
MrTiggr: i like to watch the little dots fire out to a satoshifish as they are spent on 1dice*
MrTiggr: notice ive added a "scrfeenshot" button Smoovious
MrTiggr: so you can save cool shit that hapens :D
OneEyed: Fuck me, I hadn't seen NYAN.B closing announce. I've missed yesterday's movie of the day
MrTiggr: also goto iseecoins.org/Wot.html
MrTiggr: thats a graph of the otc Web Of Trust ratings system
MrTiggr: or gotot the link on the top bar of the main site
MrTiggr: ViewGraphs i think i called it
OneEyed: "If implemented, I would not allow investors to cherry-pick assets from the fund but would instead send them a fair mix of around 5 assets, fairly weighted considering the NAV of NYAN.B and the valuation of the securities which the investors have chosen in motion 155."
OneEyed: So NYAN.B would use its very low NAV, while the assets exchanged for will get the fantasy value if chosen in motion 155?
OneEyed: (I should read the thread, that may be in it already)
kakobrekla: all i see is black MrTiggr, opera and chrome
Chaang-Noi: why is the green dot pirateat40???????????
chmod755: [GLBSE] [GOATSONABOAT] 2380 @ 0.001 = 2.38 BTC [-]
MrTiggr: its fully serchable and has cool metrics
Chaang-Noi: if i want to find me what do i search?
MrTiggr: then full details come up on left panel
MrTiggr: just search your otc username
MrTiggr: Smoovious: i have that here on desktop :P
Chaang-Noi: why does it thin chaang-noi is 'davux'
imsaguy2: its missing many of recent ratings
MrTiggr: which is stil 2600 nodes and 14K edges
MrTiggr: ive been busy on iseecoins.org
Chaang-Noi: why am i not o it? cuz i never used otc?
MrTiggr: takes me about 45 mins to build a new on
MrTiggr: yes if you arent rated on otc you wont be there, Chaang-Noi
MrTiggr: aight ..BRB ... off to build the latest WoT Graph
assbot: [GLBSE] [BITBOND] 1 @ 0.21 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.2 BTC [-]
assbot: [GLBSE] [BMF] 2 @ 0.45999999 = 0.92 BTC [+]
imsaguy2: <Chaang-Noi> off for sex << generally those that say that, aren't getting it
jcpham: i got some last night like a boss
jcpham: i feel frisky today too
imsaguy2: perhaps, but did you leave irc claiming you're about to get some?
jcpham: no i got the order all wrong
jcpham: i had the sex first then claimed to have
imsaguy2: I thought goat was married and had a kid?
imsaguy2: please don't tell me he pulled a jesus
jcpham: is that like a donkey punch?
PsychoticBoy: <imsaguy2> <Chaang-Noi> off for sex << generally those that say that, aren't getting it<< Or paying for it ;)
assbot: [GLBSE] [BDK.BND] 1 @ 0.03252001 BTC [-]
OneEyed: PsychoticBoy: that's not like he is in a country where paying for sex is easy and well accepted… oh, wait
assbot: [MPEX] [S.MPOE] 7388 @ 0.00035974 = 2.6578 BTC [-]
PsychoticBoy: He had a mining bond named Tygrr-bond.a , and did not have any mining hardware !!!
OneEyed: Smoovious: you're thinking about a ponzi over a ponzi? That's a possibility on the table since day 1, and bitcoinmax is also suspected to have done that
OneEyed: PsychoticBoy: well, when you invest in a fund indexed on Euros, an Euro fund, then you have no guarantee that your money is kept in Euros, that's just a reference value
PsychoticBoy: but still, you cant issue a mining bond when you dont own hardware, its ethical not correct, so FRAUD
PsychoticBoy: So be saying this, I agree Goat should get a SCAMMER tag and he should never get the chance to issue shares of his crap on ANY exchange
OneEyed: "Mining bond" doesn't mean you'll mine yourself. Or does it? Or can you invest in a mining operation? Directly? Also indirectly? What is acceptable and what is not? How does that make even a tiny difference for the investors? This is a bond, not a share, you don't own the hardware assets in any way
OneEyed: Smoovious: so, please, tell me: what would it change *for you* as an investor?
OneEyed: He sold the promised of a return corresponding to a well known value
PsychoticBoy: he initially said he hard the hardware to back it up
OneEyed: PsychoticBoy: doesn't he? I thought he told he was the majority investor or owner of a massive mining operation?
PsychoticBoy: he owns maybe 1 single and some gpu but my little brother also got that ;)
OneEyed: Seriously, I think that investors are to blame here. Especially considering this is Goat, whose morality doesn't appear to be that high :)
OneEyed: Nowhere in the contract is what will be done with the money described. What did you think? That he bought hardware, or that he invested into other mining operations?
OneEyed: The two alternatives are really different, because in one case there are assets (that the bond owners couldn't claim anyway), and in the second case there are none
PsychoticBoy: goat major investor in SR, lol, I am just yapping out my ass now
PsychoticBoy: I personally got more than 1.5k btc in glbse assets so plz let glbse live
OneEyed: So, PsychoticBoy and Smoovious: if you invest dollars into a Euro fund, do you expect the dollars to be converted in Euros and be kept as bills? Or do you expect to get dividends based on the fluctuation of the EUR/USD?
OneEyed: Smoovious: there are some funds where you invest dollars and get equivalent returns of if you had longed Euros
OneEyed: Smoovious: people could also invest in mining operations instead of going through Goat if you consider doing it directly
OneEyed: Was it supposed to be a pass-through or a hardware owner? I still can't understand what investors expected. One or the other or any of them or both.
gribble: Best bid: 12.714, Best ask: 12.81, Bid-ask spread: 0.09600, Last trade: 12.81, 24 hour volume: 49780, 24 hour low: 12.55, 24 hour high: 12.8999
OneEyed: Smoovious: well, Goat operation is, in some sorts, a declared Ponzi, which can work if the reference dividend (1MH/s mining) falls quick enough
PsychoticBoy: smoovious made the whole point clear: now if he had opened up the bond, named it something other than 'mining' related... that it was a personal loan, and that he would repay the bonds, at a rate determined by difficulty and 1 MH, etc etc etc... that would have been straight up... and we could invest or not, honestly... but no
OneEyed: (when I say "work", I mean "work for him", because perpetual also means that he has to pay forever if he doesn't buyback)
OneEyed: With only one benefitor :)
OneEyed: But even if it had been a real mining operation, it would have been the same for the investors.
OneEyed: They would have gained or lost exactly the same amount of money.
OneEyed: The fact that you now *know* that he didn't buy hardware should not change anything of the perception you have of the contract and the expected returns, since they are equivalent.
PsychoticBoy: I assumed it earlier, I know it for about 3 weeks
OneEyed: That was my only point. If he had invested into a mining operation, then the investors would not have lost or gained one satoshi. So I don't see why investors are complaining.
OneEyed: Smoovious: sure, I don't know anything about their dispute. Except that I've seen that Nefario did not explain why he did this, and I lost the trust I had in GLBSE at this time, since I don't know if the same kind of dispute could happen with other asset owners or not.
OneEyed: So even if Goat is at fault, which may be totally the case, Nefario also is.
OneEyed: Smoovious: but why do you think the risk is heavier? Did he fail to pay?
assbot: [GLBSE] [MOORE] 1 @ 0.5001 BTC [+]
OneEyed: Smoovious: did he not pay and say "sorry guys, I'm broke and I didn't invest your money"? *That* would be a scam, and I would be 100% on your side. But here, now that people know that he doesn't have mining hardware, he cannot even say "My hardware broke, sorry, no returns until I get a replacement"
femtotube: "Smoovious | and come on... I can't be the only one who saw how obvious..." Every one with a half a brain must have understood it but you see, lots of pole have coin in his crap so...
OneEyed: So unless he intends to run, I see that more as a guarantee. I would prefer to invest into a guaranteed 1MH/s equivalent rather than some hardware whose returns would be distributed to me capped at 1MH/s equivalent.
femtotube: and saved probably most investors coin
OneEyed: Smoovious: I fault him for the way he handled it as well.
OneEyed: Smoovious: he acts not only as an exchange but also as a broker. The brokering part cannot be stopped this way, even if the exchange delists (by freezing for example) the asset.
OneEyed: And handling the brokering part to Goat this way is wrong: not only Nefario didn't use a secure way of identifying the claims, prevent double claims and so on, but also he forces people to go to Goat, while some of them had maybe invested in Goat assets only because GLBSE acted as a middle man
OneEyed: Smoovious: let's agree to disagree here, I just read the contract, I don't see a fraud, but that is my interpretation. People should learn to read contracts too before investing.
assbot: [MPEX] [F.GIGA.ETF] 4282 @ 0.00045478 = 1.9474 BTC [+]
OneEyed: Smoovious: he has *no way* to contact them, does he?
OneEyed: Smoovious: not everyone uses bitcointalk
femtotube: what do you guy do withe those GLBSE codes? Do I need to send it to nefario to get my coin back?
OneEyed: Smoovious: I used bitcoins before I joined bitcointalk or the bitcoin channels on IRC. I could have used GLBSE without joining them too (this is not the case as I happened to discover about GLBSE on the forum)
OneEyed: I don't have any share managed by Goat (nor any share at all at this time), so I can't see the message
OneEyed: Smoovious: how are bond holders supposed to contact Goat? By email?
OneEyed: (I haven't seen the message on the forum)
OneEyed: Thiis is *really* not what a broker should do…
OneEyed: Smoovious: it is obviously, as it is the sole owner of the shares attribution
PsychoticBoy: It is not compareble with the stock world you know it, its not nasdaq or AEX or some
OneEyed: PsychoticBoy: why not in this case? You even see coinbr starting as a broker for the MPEX exchange
OneEyed: The only difference I see is that in the real world, the company itself has the needed information to invite shareholders to general assemblies and such
PsychoticBoy: sure we all (early bitcoin adopters) got spoiled
mircea_popescu: <PsychoticBoy> I personally got more than 1.5k btc in glbse assets so plz let glbse live << doesn't seem likely at this point.
OneEyed: Smoovious: are you saying such a imprecise contract would have been refused?
mircea_popescu: maybe if someone half-competent took over management. which isn't likely given the sort of money it makes.
assbot: [GLBSE] [YABMC] 4 @ 0.07859999 = 0.3144 BTC [+]
PsychoticBoy: but I am slowly pulling some btc out, even if its at a loss
pigeons: capex is the most corrupt of all the SL exchanges
OneEyed: Smoovious: which is close to my previous point: the contract was imprecise, and did not require nor imply (IMO) that mining hardware would be acquired. Now, GLBSE should take its share of blame for allowing such vague contracts.
mircea_popescu: OneEyed do you think i should dig up the logs of where i was asking goat to put up pics of his imaginary righs ?
OneEyed: mircea_popescu: you belong to those thinking he has to own mining rigs to offer such a contract whose coupons are based on a fixed mining performance?
mircea_popescu: i belong to those who knew he doesn't and pretty much said so 6 months ago
mircea_popescu: thus are unsurprised now, just vaguely amused at forum "investor" idiocy.
PsychoticBoy: I know, I also asked goat back in may, but he only said: go ride a bike little boy, so at that point I really lhate goat
OneEyed: mircea_popescu: yes, I understand. But even knowing he doesn't own some, as long as the investors get exactly what they paid for, i.e. coupons indexed on PPS 1MH/s, I don't see as a violation of the contract itself. But I won't redo the discussion here :)
OneEyed: I really hope the coinbr/MPEX deal will make a better exchange system.
mircea_popescu: OneEyed its not a violation of the contract. it's a contract under false premises.
OneEyed: Working together, even if you have nothing to do to make it happen, just let it happen :)
mircea_popescu: jurov has been working at it for >3 months now i think
mircea_popescu: tho in truth there were maybe 8 or 9 people/teams that at some point started
mircea_popescu: but back to the contract : if i sell you a car when i own no car, even if later i acquire and deliver you a car i can still be charged for fraud.
mircea_popescu: that people in general don't bother is true, but it's still what it is.
mircea_popescu: obviously it's unclear how much of that does or should carry over into btc.
jurov: i'm working on it part time since mpex launched beta.. and going crazy from it ...
OneEyed: mircea_popescu: if I sell you a "temperature bond" whose dividends are indexed on what the average temperature is at 6:00 in Paris every day, would it be a fraud not to invest into hot air?
mircea_popescu: OneEyed depends if you sell me this bond and claim you will invest into hot air or not
mircea_popescu: if you claim that you're selling it on the basis of your vast holdings of hot air then yes it is.
OneEyed: mircea_popescu: I would use the same terms as Goat contract, but replace PPS 1MH/s by "average air temperature at 6:00 minus 20 degrees"
mircea_popescu: take a simpler example : if you write a bad check, whether you eventually cover it or not, you still break the law.
mircea_popescu: OneEyed the terms of goat's contract were, at all times relevant, "test".
OneEyed: mircea_popescu: if you refer to claims made outside of the contract, I have to agree with you, however, if you stick to the contract, I don't see he defrauded people.
OneEyed: mircea_popescu: is it really the case?
OneEyed: And people bought bonds???
mircea_popescu: forum "investors" and glbse "investing" are jokes, always were
OneEyed: Where does the contract I've read from then?
mircea_popescu: people never noticed before mostly cause i wasn't around to point it out.
OneEyed: mircea_popescu: don't act as if you were *the* messiah announcing what's true and what's not :)
mircea_popescu: my pr girl called the pirate thing a scam, at a time nobody else was, the list goes on and on. for better or worse, i r messiah.
OneEyed: I've read about Jesus bugs today
OneEyed: A bug which you have nailed down, but reappears three days later
OneEyed: Btw, I see in Usagi thread (NYAN.B closing) that the girl and others were "locally banned". Is that enforced by the moderators, or do you control yourself?
OneEyed: (it was funnier in my head read with a robotic voice)
assbot: [MPEX] [F.GIGA.ETF] 252 @ 0.00045478 = 0.1146 BTC [+]
OneEyed: mircea_popescu: I hadn't read the whole thread, I just read your new local rules indeed :)
OneEyed: One thing I don't understand about usagi desire to close CPA: why doesn't he hand it over to someone else if he doesnt' want to manage it anymore?
OneEyed: I don't know, but he would probably know people trusting him to get a healthy asset and that he trusts to hand it over
OneEyed: Or does that mean that he doesn't know competent people, or that those people wouldn't touch CPA with a 10 foot pole?
mircea_popescu: it means there are very few competent people, and nobody is interested in a. taking over a blown asset ; b. doing anything on glbse
OneEyed: Smoovious: why would such a guy take a BTC loan with all the risks if brings?
OneEyed: Smoovious: why not invest in $? Or do you want to bring in people with € as well, through BTC?
assbot: [GLBSE] [007] 1 @ 0.09000001 BTC [-]
assbot: [GLBSE] [007] 1 @ 0.09 BTC [-]
assbot: [GLBSE] [MU] 1 @ 0.18999999 BTC [-]
OneEyed: Is that new that LinkedIn is trying to be the new Twitter?
OneEyed: "Now you can follow thought leaders on LinkedIn - Barack Obama - Follow Barack"
midnightmagic: mircea_popescu: Your -pr girl wasn't the only one calling pirate a scam. There were lots of other people. On the other hand, there's still no hard evidence that anyone has seen that it is. Not yet. The only thing going for the notion is time, but there are alternative explanations.
OneEyed: midnightmagic: according to your reasoning, we may never be able to call it a scam, if he continues to pretend he will pay later for centuries. Right?
OneEyed: midnightmagic: note the "may", as we may discover it is a scam by proving it is a scam if, for example, accounting books are found
OneEyed: midnightmagic: what I'm saying is that in the absence of proof that it is a scam and in the absence of proof that it isn't, given the current situation, it is most likely a scam
OneEyed: (it may not be a scam, but pirateat40 has not offered any evidence [not even soft evidence] that the bitcoins were invested in anything real)
midnightmagic: OneEyed: And no, given the balance of probabilities, "most likely" is too strong, even now.
OneEyed: midnightmagic: you are delusional :)
midnightmagic: OneEyed: Don't get me wrong. The balance is on the scam side.
OneEyed: midnightmagic: you have probably seen many signals that indicate that it may be a scam (people not getting money for the main one, without any explanation). Have you seen any signal that may indicate it is not a scam?
OneEyed: midnightmagic: judging if an investment is a scam is not the same thing as judging people, there is no "innocent until proven guilty", this is much more balanced. And right now, the balance clearly goes to the scam side, and by an enormous lot
midnightmagic: OneEyed: Yes. The explanations he's given, so far, do not suggest scam. Only the actions themselves suggest an alternate explanation--that being scam.
assbot: [GLBSE] [FDBF] 6 @ 0.149 = 0.894 BTC [-]
OneEyed: midnightmagic: the explanations were not backed by any fact, right? Any.
midnightmagic: There are no actual facts about the movement of money either way.
OneEyed: midnightmagic: so turn it the other way: only vague declarations may suggest an alternate explanation -- that it is not a scam.
midnightmagic: But why explain when it could taint any legal defence he might be mounting?
midnightmagic: OneEyed: Yes, that is why I say the balance appears to be on "scam". However, in the absence of facts, it is foolish to draw firmer conclusions.
OneEyed: midnightmagic: once again, what makes you believe it can be a non-scam? Only his declarations? You're a trusting guy :)
midnightmagic: OneEyed: I just told you. I don't believe it's a non-scam. Why do you think this is a binary choice?
assbot: [MPEX] [S.MPOE] 1341 @ 0.00035974 = 0.4824 BTC [-]
assbot: [MPEX] [S.MPOE] 17096 @ 0.00035972 = 6.1498 BTC [-]
assbot: [MPEX] [S.MPOE] 15800 @ 0.00035967 = 5.6828 BTC [-]
assbot: [MPEX] [S.MPOE] 6581 @ 0.00035967 = 2.367 BTC [-]
assbot: [MPEX] [S.MPOE] 26782 @ 0.00035964 = 9.6319 BTC [-]
OneEyed: midnightmagic: sure, it would be foolish to assume in any way it is not a scam, as not a single fact suggests that it is not one. Not one! Did we find out the accounts supposed to have been repayed for example? Or did we get an amount? Nothing, none, zip.
midnightmagic: Disclosure: I have zero dollars invested; I "own" zero pirate debt. I have zero to gain from his being, or not being, a scam, except in the circuitous rep-of-bitcoin sense.
midnightmagic: OneEyed: That is correct, it would be foolish to assume or conclude it is not a scam.
OneEyed: Smoovious: a lot of *facts* call for scam. He took the money. He met only selected people in Vegas when he told he would meet anyone willing to, and some people have testified that they asked him to meet. He pretended that Trendon Shavers was a DBA, and that it was the name of a guy who didn't even speak English.
midnightmagic: OneEyed: If I had concluded it was not a scam, I would have been on the "buying up pirate debt" train a long time ago.
midnightmagic: OneEyed: You should be more careful about the word "testified".
OneEyed: midnightmagic: pretended if you wish
OneEyed: Smoovious: sure, as I don't expect water to turn into wine on my table, if it does, well, so much the better
midnightmagic: OneEyed: I would be interested to know about the "name of a guy who didn't even speak English" part. Where did you read that?
OneEyed: midnightmagic: you could find it on the forum, I'm not sure I would be able to find it in a reasonable time, but you should look for yourself, try "Trendon Shavers" "DBA" "English" if the forum software lets you do that
midnightmagic: Smoovious: In reality, people should have been more cognisant of the risks: you can't "assume it was" as though you are certain. You just have to evaluate the risk and behave accordingly.
midnightmagic: Smoovious: For example, hedging against it in direct proportion to your personal certainty.
OneEyed: (I'm trying to get thr gith link)
OneEyed: midnightmagic: sure, people can be lying, maybe he didn't write that, you can never be certain if you haven't witnessed it yourself
midnightmagic: Smoovious: In my case, I chose not to participate at all, as sticking to my Grand Plan was more important to me.
midnightmagic: That, and the inertia of how difficult I'd made reconstructing my offline wallet.
assbot: [GLBSE] [MERGEDMINING] 1 @ 0.055 BTC [+]
assbot: [GLBSE] [MMM] 2 @ 0.6 = 1.2 BTC [-]
assbot: [GLBSE] [MMM] 3 @ 0.59 = 1.77 BTC [-]
assbot: [GLBSE] [MMM] 1 @ 0.544 BTC [-]
OneEyed: Smoovious: you're realizing that posting this out of context and without any link makes it profundly ininteresting? Not that there is much discussion here.
midnightmagic: OneEyed: I found pirateat40 saying that in my logs. It was on #btcst, 2012, 08/21, around 14:55:38 pacific time.
OneEyed: Smoovious: so don't you know any alcoolic person?
OneEyed: Smoovious: this acknowledges it as a disease, that can be cured, but is not easy to. I guess if the impregnated person was at risk of harming students in any way, then other texts and sanctions would apply.
OneEyed: Smoovious: sure, as people who get depressed, they can just work this out themselves, no need for help, that's not a disease
femtotube: what the going price for 1 Mh/s now days?
OneEyed: I'm not saying that's a reasonable plan, 5 strikes also seem a lot to me. But you should try to put yourself into other people shoes before judging. Do you really think the teacher unions would battle to obtain such a text just for free, out of the blue, without any discussion, just because union teachers get drunk all the time maybe?
OneEyed: Smoovious: I've seen drunk people be very good teachers, at least in conferences :)
OneEyed: By "drunk" I mean "intoxicated", not "so drunk that they vomit all over the place"
OneEyed: (does drinking two glasses of wine make you intoxicated and unable to teach? - depend on the person I guess)
OneEyed: Here, it is written "under the influence of intoxicating liquor"
OneEyed: Smoovious: didn't mean you wouldn't have done a good job
OneEyed: Smoovious: of course, if it endangers yourself or other people, I can get that!
GamblingMan: What's up with the Satoshi Dice dividend yesterday?
GamblingMan: I bought some shares thinking it would pay a decent dividend...
OneEyed: Smoovious: but would for example a librarian endanger other people by having drunk a little too much, or should he be helped to avoid that it happens again?
GamblingMan: Looks like the dividend is less than 6% a year!
assbot: [MPEX] [F.GIGA.ETF] 5200 @ 0.00045478 = 2.3649 BTC [+]
OneEyed: Smoovious: yeah, so if you are tired because of the chemo you're taking to fight your cancer, you're fucking with your employer, and he should get rid of you, right?
GamblingMan: I bought some because mircea_popescu claimed it was the highest paying asset on the GLBSE, but it looks like it is actually the lowest....
OneEyed: Because you're not doing your best
OneEyed: You could delay the chemo until your next vacation for example, it's not like you would die tomorrow. Why should it care that you're trying to buy 5 more years of life in 15 years?
assbot: [GLBSE] [GIGAMINING] 3 @ 0.54140003 = 1.6242 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54140002 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5414 BTC [-]
OneEyed: Smoovious: you wrote "get my best". So I guess you never stay late with friends either, because you could be tired.
assbot: [GLBSE] [GIGAMINING] 9 @ 0.5414 = 4.8726 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5412 BTC [-]
assbot: [GLBSE] [GIGAMINING] 28 @ 0.541 = 15.148 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.54 = 1.08 BTC [-]
OneEyed: Smoovious: nor eat fat food, they make you think slower because more blood is diverted to the stomach, and less to the brain (true fact)
midnightmagic: OneEyed: That's not a fact. Fats it turns out may be better for humans, including human brains.
OneEyed: midnightmagic: on the long term, yes, not while you're digesting
GamblingMan: So nobody wants to talk about assets in here?
midnightmagic: OneEyed: Also not true, as the insulin spike of even complex carbs is very very bad for you.
midnightmagic: GamblingMan: Didn't you read what the channel founder said? Free-for-all in here.. lol
OneEyed: midnightmagic: are you saying that eating fat food compared to a light meal does not divert blood for digestion?
GamblingMan: Lets free for all talk about Satoshi Dice and how the dividend yesterday sucked ass.
assbot: [GLBSE] [PUREMINING] 3 @ 0.10169999 = 0.3051 BTC [+]
GamblingMan: I want to hear someone's opinion on what happened.
assbot: [GLBSE] [PLATINUM] 3 @ 0.00951003 = 0.0285 BTC [-]
GamblingMan: Is the site dying, was it misrepresented, did the volume of bets drop significantly?
midnightmagic: OneEyed: I'm saying fats crush appetites better than carbs do, and that comparison is a good example of a false analogy.
GamblingMan: Why did the dividend fall to below that of most high yielding assets on the NYSE?
jcpham: SD was and always has been boring
jcpham: as an asset, as a site, and an anything
GamblingMan: They're flooding the market with shares and cutting the hell out of the dividend.
OneEyed: Ok, so eating a big plate of French fries makes you more efficient while you're digesting than eating a salad, right? Can't believe this :)
GamblingMan: Not sure why I thought it wasn't a scam, being listed on the Mpex
midnightmagic: GamblingMan: SatoshiDice is a distributed denial of service attack that the creators have convinced users to do to themselves, while stealing their money, and forcing the users themselves to bloat their own blockchain .dat files. They are exploiting a human cognitive bias to do so, and are therefore evil.
jcpham: mpex isn't a scam as far as i know
jcpham: itake offense to the accusation
OneEyed: GamblingMan: you have everything you need to compute the expected returns yourself, did you do it?
GamblingMan: Turns out that was a horrible financial decision.
midnightmagic: OneEyed: Another false analogy. (french fries vs. salad.) You never said french fries and salad in your original false statement.
GamblingMan: Seems like Satoshi Dice got tired of scamming users and decided to go for shareholders.
midnightmagic: I'm going to go away now. Feel free to get in the last word. Or two.
assbot: [GLBSE] [ASICMINER] 2 @ 0.109 = 0.218 BTC [-]
assbot: [GLBSE] [ASICMINER] 3 @ 0.109 = 0.327 BTC [-]
GamblingMan: copumpkin: Have you ever made 100 best on SD and seen what the actual vs. claimed return is?
OneEyed: GamblingMan: how are they scamming users? Or shareholders?
copumpkin: GamblingMan: nope, but isn't it verifiable on the blockchain? they don't provide their own randomness
copumpkin: GamblingMan: expectation only works over infinite samples
copumpkin: any finite number can deviate arbitrarily far from it
OneEyed: copumpkin: they could inject their own transcations at appropriate places
GamblingMan: Show me 1 independent test that ever gives an above average return with more than 100 bets in the sample.
OneEyed: copumpkin: don't they know the random numbers in advance?
OneEyed: copumpkin: what do you mean? They work from the memory pool, since they work in 0-confirmation mode
copumpkin: so you're seriously telling me "I went to a casino and played for days, and I lost money! mommy mommy they're scamming"
assbot: [GLBSE] [BITBOND] 2 @ 0.18620001 = 0.3724 BTC [-]
GamblingMan: copumpkin: Only if the casino claimed they repaid 98% and I lost 50% consistently.
GamblingMan: Satoshi Dice is a terrible site to use, terrible company to invest in, and it is listed on a terrible exchange.
OneEyed: GamblingMan: if you send me what is needed to play 100 transactions, I'll do it (one line script) and you'll be able to observe the results
assbot: [GLBSE] [PUREMINING] 3 @ 0.09604001 = 0.2881 BTC [-]
GamblingMan: Their claimed returns for shareholders match their claimed returns to users.
OneEyed: That would be 0.0105*100, or 1.05 BTC if I'm not mistaken
GamblingMan: OneEyed: I've already performed several tests. I know what the result will be.
GamblingMan: If you want to see for yourself that SD is scamming, go ahead and test.
OneEyed: Why would I play a game where the odds are against me,
GamblingMan: Their best claimed return address actuall returns less than 48% consistently in my tests that were performed over a several week period.
assbot: [GLBSE] [RAREEARTH] 10 @ 0.00961001 = 0.0961 BTC [-]
GamblingMan: That is why I figured I'd invest with them.... But then the claimed dividend payment was less than 1/3 of what I was expecting after talking to mircea.
OneEyed: GamblingMan: you should publish your results then, people would be interested in that.
GamblingMan: OneEyed: I tried once. Everyone bashed me and reacted like people did in here when I mentioned it.
assbot: [GLBSE] [BITBOND] 1 @ 0.18620001 BTC [-]
GamblingMan: I was told that the stated odds "are just guidelines"
GamblingMan: When in fact their guidelines are 100% inflated.
OneEyed: Ohhh, the min bet is 0.001, I thought it was 0.01, so the test could be done with 500 send for .75 BTC
GamblingMan: Stating odds that are misleading and then claiming they're guidelines, is what makes me use the word scammer.
GamblingMan: If you use the address with the highest odds.
GamblingMan: I actually returned an average of 48% through all of my testing...
GamblingMan: Run a test, publish it, and prepare to be flamed.
OneEyed: So you're talking about trying it with 1dice9wVtrKZTBbAZqz1XiTmboYyvpD3t?
OneEyed: Let's do this with 100 x 0.001 runs from 1B7xUkzFcwsaviJQL1XfRJazj4zXC764i7
GamblingMan: What is the stated return on the website for that address?
OneEyed: Shit, transactions not accepted to memory pool, sucker, after some of them. I'll have to wait a bit to get 100 of them
assbot: [GLBSE] [GSDPT] 300 @ 0.0033 = 0.99 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 3740 @ 0.00045477 = 1.7008 BTC [-]
GamblingMan: Great. I'm expecting your test to return somewhere in the 45-55% range.
assbot: [GLBSE] [RAREEARTH] 10 @ 0.00999999 = 0.1 BTC [+]
OneEyed: Either I'm doing something wrong with SatoshiDice, or something is wrong on their side…
OneEyed: to the 97.9% win address, with an expected gain of 1.004x when I win
OneEyed: And it pays back 0.00050442
mircea_popescu: and it substracts 0.0005 in all cases topay miner fees
OneEyed: I should win almost every time (97.9% of the time)
OneEyed: But ok, the .0005 is deduced
OneEyed: I thought *they* payed it :)
mircea_popescu: OneEyed im not an expert on the entire thing tbh, i just list em.
OneEyed: Yes, makes perfect sense now
mircea_popescu: there's a big ass independent audit thread in btctalk, want me to dig it ?
OneEyed: I'm just checking some claims by GamblingMan
mircea_popescu: those people are significantly more on the ball than i am
OneEyed: And by doing so, I'm probably increasing his future dividends by 1 satoshi or so :)
mircea_popescu: lol i re-read the list, seems to me unlikely he had any shares.
OneEyed: Hence your ognasty remark, makes sense
mircea_popescu: well there was some guy bashing by that name, also off webchat, yest i think
OneEyed: Yes, I was here, using the same IP as OgNasty before
mircea_popescu: but anyway, iirc AAPL paid something like .5% a year last, so
OneEyed: GamblingMan: none, I stopped in the middle and changed the 1dice address in order to diversify the bets, but that should still average the advertised returns
OneEyed: GamblingMan: I gave you the address, you can follow it yourself
OneEyed: 1B7xUkzFcwsaviJQL1XfRJazj4zXC764i7
GamblingMan: I thought you'd post a nice %. I already know what your results will be...
OneEyed: GamblingMan: I wanted you to send me money to do the test
mircea_popescu: what is this, transactional psychology for beginners ?
OneEyed: GamblingMan: one doesn't always get what he wants
OneEyed: GamblingMan: did you deduce the fees?
GamblingMan: No, I pasted your expected return listed above.
OneEyed: GamblingMan: it looks like .0005 are deduced from the gains
assbot: [MPEX] [S.MPOE] 41736 @ 0.00036061 = 15.0504 BTC [+]
GamblingMan: Strange that a site like Satoshi Dice can't figure out how to send transactions with no fees... That is beginner BTC stuff.
mircea_popescu: GamblingMan suppose it doesn't want to send them w/o a fee.
OneEyed: GamblingMan: if he did, they would not be relayed by standard bitcoind, and people would not see the result immediately
assbot: [GLBSE] [GOLD] 5 @ 0.00998999 = 0.0499 BTC [-]
mircea_popescu: OneEyed anyway, the system whereby you pay post to me, i pay post to you seems pretty fair.
GamblingMan: mircea_popescu: You claimed in here that SD was the highest yielding asset on the GLBSE.
GamblingMan: It looks more like the lowest to me after seeing the last dividend.
GamblingMan: I've sold off a few thousand shares already this morning.
GamblingMan: I guess I might as well cut my losses now and sell a few thousand more.
GamblingMan: Hopefully they do, looks like I took out the decent bid walls.
OneEyed: GamblingMan: are you using the GLBSE passthrough?
assbot: [GLBSE] [GSDPT] 300 @ 0.003225 = 0.9675 BTC [-]
OneEyed: GamblingMan: you know that it retains an additional 5% of the dividends, right?
GamblingMan: It would have to retain 80% of the dividends to make the yield even close to acceptable for that valuation.
OneEyed: GamblingMan: so why did you buy in?
GamblingMan: mircea_popescu claimed it was the highest yielding asset.
GamblingMan: now I know that mircea_popescu is 100% full of shit.
GamblingMan: mircea_popescu: you were in here bashing someone for not knowing "GSDPT is the highest yielding asset on GLBSE"
mircea_popescu: well, actually mpoe.etf was for the longest time the highest yielding
mircea_popescu: course from what i hear mpoe.etf is closing down, so too late for that.
GamblingMan: mpoe.etf was NEVER the highest yielding asset.
assbot: !pl <ticker> [<amount>@]<bought at> [<YYYY-MM-DD>]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
GamblingMan: Those types of claims are what make you full of shit.
assbot: MPOE.ETF [1@0.1BTC] paid: 0.02470282 BTC. Last price: 0.3 BTC. Capital gain: 0.2 BTC. Total: 0.22470282 BTC. (224.7%)
mircea_popescu: and i hear it's getting closed out at about 1 or something like that.
OneEyed: Ok, here is my result. I had .15 at this address, I now have .06685859. I placed 80 + 24 bets (104 total), paying .0005 fees every time I sent and every time I won. I expected: .15 - .0015*104 + 80*(.001*.97653*1.04 - .0005*.97653) + 24*(.001*.244141*4.003 - .0005*.244141)
GamblingMan: Anyone can IPO anything at whatever they want and then stop selling cheap shares. I know you're familiar with manipulation.
OneEyed: .py .15 - .0015*104 + 80*(.001*.97653*1.04 - .0005*.97653) + 24*(.001*.244141*4.003 - .0005*.244141)
OneEyed: So I lost less than expected
OneEyed: (not enough to win money though)
GamblingMan: You should have stuck with the original test, but I assume after losing a few dozen times in a row using the 98% address, you gave up. ;)
OneEyed: No, I was already above the expectation. You can check itself, I've done no other transaction on this address
OneEyed: I will not, in order to spend the last 0.05 I have there :)
rdponticelli: I meant MPOE.ETF... Anyway, do you know if smickles allow to redeem the shares for S.M?POE
mircea_popescu: at this point im torn whether to ignore the idiot or keep him on for amusement purposes.
mircea_popescu: GamblingMan your input wasn't really solicited in the matter.
assbot: [MPEX] [S.MPOE] 3064 @ 0.00036061 = 1.1049 BTC [+]
assbot: [MPEX] [S.MPOE] 11574 @ 0.00036061 = 4.1737 BTC [+]
assbot: [MPEX] [S.MPOE] 4918 @ 0.00035964 = 1.7687 BTC [-]
assbot: [MPEX] [S.MPOE] 20444 @ 0.00035946 = 7.3488 BTC [-]
gribble: Best bid: 12.72, Best ask: 12.8, Bid-ask spread: 0.08000, Last trade: 12.8, 24 hour volume: 34946, 24 hour low: 12.55, 24 hour high: 12.8999
assbot: [GLBSE] [GSDPT] 700 @ 0.003225 = 2.2575 BTC [-]
GamblingMan: Sucks to take a loss on this crap, but it is what a deserve for funneling money to Mpex.
OneEyed: Shit, I managed to increase the balance while trying to empty it :)
GamblingMan: You can probably buy a few thousand shares.
OneEyed: GamblingMan: I won't, you told me it was a bad deal :)
assbot: [GLBSE] [GSDPT] 5 @ 0.003201 = 0.016 BTC [-]
assbot: [GLBSE] [ASICMINER] 36 @ 0.1091 = 3.9276 BTC [+]
assbot: [GLBSE] [ASICMINER] 64 @ 0.109 = 6.976 BTC [-]
assbot: [GLBSE] [GSDPT] 38 @ 0.0032 = 0.1216 BTC [-]
assbot: [GLBSE] [GSDPT] 100 @ 0.0032 = 0.32 BTC [-]
mircea_popescu: it boggles me. do you actually think causing further panic on glbse hurts me somehow ?!
GamblingMan: OneEyed: Only an 80% loss? You're rocking that 98% address. lol
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
OneEyed: GamblingMan: you're kidding? I started with 0.15, 0.05 being for the fees!
assbot: [GLBSE] [YARR] 1 @ 1 BTC [+]
OneEyed: I played 128 games so far, with 0.0005 in fees every time
OneEyed: And 0.0005 deduced from every win
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
OneEyed: I have more than the original 0.15 amount minus the fees
mircea_popescu: really tho, if it were up to me i'd make the fee larger.
mircea_popescu: there's really little benefit in all the btcdust transactions
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
GamblingMan: I agree. At least a higher fee would benefit mining pool owners.
OneEyed: GamblingMan: but I've no doubt I'll loose everything, but right now, my returns are more than 100% if you remove the fees (which were high because I chose to start with .001 + .0005 of fees)
assbot: [GLBSE] [CBGB] 2 @ 0.48 = 0.96 BTC [-]
OneEyed: So if the game is flawed, it's biased towards me right now, I guess that's why you get low dividends :)
OneEyed: Ok, now let's lose those .9 for good
gribble: usagi was last seen in #bitcoin-assets 2 hours, 40 minutes, and 29 seconds ago: <usagi> I can bounce back but it would really piss me off
GamblingMan: Why would usagi bouncing back piss him off?
mircea_popescu: OneEyed actually they did have a shit month, about half down from statistical expectation
GamblingMan: I have a feeling that next month will be even shittier. ;)
mircea_popescu: i remember even a decade ago, the shills were a lot better.
GamblingMan: Same shill from 2 decades ago right here. ;)
mircea_popescu: GamblingMan if you were someone, as opposed to random anon you could prolyl borrow shares and sell them for your bet.
GamblingMan: Why would I want to pay interest to own shitty shares?
GamblingMan: I expect the interest on borrowing would be higher than the dividends.
GamblingMan: I'm not a finance expert if that is what you're asking.
GamblingMan: I'm just a guy with a shit ton of BTC and was looking to put some of it to work.
OneEyed: Yeah, I ended up with 1 satoshi on this address
GamblingMan: So let me ask you this mircea_popescu: What is the worst investment I could make on the GLBSE?
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
GamblingMan: C'mon. I really would like to buy the worst asset in your opinion and track the results of it vs. SD
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
GamblingMan: I guess he doesn't like giving investment advice now?
GamblingMan: He was quick to recommend Satoshi Dice before...
GamblingMan: Now I can't even get a crap recommendation...
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
rg: [14:06] <GamblingMan> So let me ask you this mircea_popescu: What is the worst investment I could make on the GLBSE?
rg: probably a dead asset..
jurov: lol, like mircea's biggest expert on glbse :)
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [MPEX] [S.MPOE] 23856 @ 0.00035946 = 8.5753 BTC [-]
assbot: [MPEX] [S.MPOE] 24100 @ 0.00035943 = 8.6623 BTC [-]
assbot: [MPEX] [S.MPOE] 11544 @ 0.00035922 = 4.1468 BTC [-]
PsychoticBoy: mircea dont act like glbse lists only scams and death assets to make mpex look good, its not cool
jurov: GamblingMan.. and what do you guess about me?
assbot: [GLBSE] [BITCOINTORRENTZ] 2 @ 0.35 = 0.7 BTC [+]
jurov: you can visit coinbr.com to improve your guess
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [MOVETO.FUND] 1 @ 0.57000001 BTC [-]
assbot: [GLBSE] [MOVETO.FUND] 1 @ 0.57 BTC [-]
jurov: it's pretty much nicely explained on it
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
jurov: i'd like to know what would you say about GamblingMan, if you forgot that was you
jurov: yes. and i'm too lazy to open it.. am not alone it sems
assbot: [GLBSE] [JLP-BMD] 1 @ 0.07110001 BTC [-]
assbot: [GLBSE] [JLP-BMD] 35 @ 0.0711 = 2.4885 BTC [-]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [GSDPT] 53 @ 0.0032 = 0.1696 BTC [-]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.53999999 BTC [-]
assbot: [GLBSE] [BMMO] 1 @ 0.03980004 BTC [-]
assbot: [GLBSE] [BMMO] 1 @ 0.0398 BTC [-]
assbot: [GLBSE] [JLP-BMD] 21 @ 0.0711 = 1.4931 BTC [-]
assbot: [GLBSE] [JLP-BMD] 15 @ 0.071 = 1.065 BTC [-]
assbot: [GLBSE] [M.ETF] 1 @ 0.103992 BTC [-]
assbot: [GLBSE] [CPA] 1 @ 0.01999999 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.02 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.021 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.022 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.023 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.025 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.026 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.027 BTC [+]
assbot: [GLBSE] [M.ETF] 13 @ 0.051 = 0.663 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.21089998 BTC [+]
chmod755: [GLBSE] [MIRCEAPOPESCU] 10 @ 0.021 = 0.21 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1160 @ 0.00045477 = 0.5275 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.4899 BTC [+]
assbot: [GLBSE] [NASTY] 2 @ 0.49 = 0.98 BTC [+]
assbot: [GLBSE] [GSDPT] 69 @ 0.0032 = 0.2208 BTC [-]
assbot: [GLBSE] [DMC] 1 @ 0.07488989 BTC [+]
assbot: [GLBSE] [DMC] 1 @ 0.0748899 BTC [+]
assbot: [GLBSE] [YABMC] 12 @ 0.07856 = 0.9427 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.54 = 1.08 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.00898799 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 3 @ 0.008988 = 0.027 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 15 @ 0.0089979 = 0.135 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 20 @ 0.008998 = 0.18 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.009 = 0.9 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 3 @ 0.00998 = 0.0299 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 14 @ 0.01 = 0.14 BTC [+]
assbot: [MPEX] [S.MPOE] 63900 @ 0.00036106 = 23.0717 BTC [+]
assbot: [MPEX] [S.MPOE] 2389 @ 0.00036124 = 0.863 BTC [+]
femtotube: How can this usagi delete posts from his forum thread?
kakobrekla: why do you people keep switching your nicknames
Diablo-D3: smickles: sorry, I have to turn you down on your accounting offer
Diablo-D3: smickles: I think Im just going to continue buying back DMC until theres none left
Diablo-D3: mircea_popescu: they execute people over there for using tor
Ignatius-otc: is there anything in the works to bring in new assets to mpex, or are you just letting that take care of itself?
assbot: [MPEX] [F.GIGA.ETF] 1440 @ 0.00045477 = 0.6549 BTC [-]
OneEyed: mircea_popescu: s^Kludge^Kluge, s^ideea^idea
OneEyed: Maybe s^financial business^financial instrument
mircea_popescu: and took out the business altogether. a financial. we can noun
OneEyed: Fuck your link to David Thorne site, last time I landed there I spent two hours reading it
femtotube: "mircea_popescu | everyone can delete their own posts " no, he ask forum mods to delete users questions from the form threads he has started
OneEyed: femtotube: that's what I was asking earlier today, since it looked like some of the girl posts had been removed, I wondered if it was self-control or moderation
assbot: [GLBSE] [DMC] 1 @ 0.0748899 BTC [+]
OneEyed: Oops, was directed to mircea_popescu
femtotube: hold on, my mistake I looked at the wrong url :)
mircea_popescu: lol just because the nitwit deletes her content in a quote she makes
Ignatius-otc: mircea_popescu, is there anything in the works to bring in new assets to mpex, or are you just letting that take care of itself?
femtotube: huh... I almost thought that mods are gone mad too. Sorry
mircea_popescu: Ignatius-bot there's a lot in the works, but these are finnicky things to do even when you're not working in btc
mircea_popescu: my main focus is getting futures with delivery listed atm. which is... impossible, pretty much.
assbot: [GLBSE] [ASICMINER] 23 @ 0.1099998 = 2.53 BTC [+]
assbot: [GLBSE] [ASICMINER] 82 @ 0.11 = 9.02 BTC [+]
OneEyed: New stuff about bitcoinica in #bitcoin-otc: phantomcircuit | as far as i can tell now bitcoinica has not ever been able to cover it's obligations
OneEyed: phantomcircuit | and tihan seale aka wendon group has not EVER put funds into the business despite phantomcircuit | and tihan seale aka wendon group has not EVER put funds into the business despite repeatedly saying he has
jcpham: that bitcoinica was insolvent at the moment the consultancy took control
OneEyed: Well, I guess phantomcircuit is quite a good source
OneEyed: mircea_popescu: I haven't read it before
mircea_popescu: the reason tihan got involved was simply that zhou was bleeding equity
OneEyed: But I have never even used bitcoinca, so it was more like yet another movie to me
pigeons: mircea_popescu: oh so you're working on a system where users can take delivery or provide hash power for the contracts?
mircea_popescu: no. i am working on a system where users can pay bitcoin and take WTI
pigeons: good, keep it as a bucket shop ;)
mircea_popescu: light sweet crude. or whatever, really, as long as it's settled physically.
mircea_popescu: this will be the driver making bitcoin cross the 1k usd barrier : when people finally figure out they can settle intl trade in commodities anon.
OneEyed: mircea_popescu: I just realized that on your post, you don't answer the "how does one list on mpex". Shouldn't you at least give an email to use to propose you a new asset for MPEX?
dub: femtotube: can you show us a fixed mh mining bond that does have actual hardware hashing?
mircea_popescu: if they can;t find the email / irc in the faq im too beelitist for them.
OneEyed: mircea_popescu: so this is more "What can be listed on MPEX?", not "How does one list on MPEX?".
assbot: [MPEX] [S.MPOE] 13911 @ 0.00036124 = 5.0252 BTC [+]
assbot: [MPEX] [S.MPOE] 15589 @ 0.00036128 = 5.632 BTC [+]
dub: mircea_popescu: gig has under half of the 200gh he has issued
mircea_popescu: i thought he had about 40% in gpus and about 90% in fpga ?
dub: I think bob and others have had an extra hard week buying off SR
dub: crack cocain is a helluva drug
dub: mircea_popescu: no, its pgas
dub: well theres a few gpus in there
mircea_popescu: no listen. there's the one you linked. old one. and there's this new one
dub: thats still only 150gh total
dub: he has admitted this in the forum
dub: has YABMC ever shown evidense of having hashign to back it, beyond 'imsaguy has a farm'
mircea_popescu: SUMMARY 51,231.88 + 99 so i guess you're right, like 150k
mircea_popescu: still, 150k + the 4 rigs he has on order, i'd say it's pretty decent
dub: its been a lot less too
dub: my point that for most bonds its only ever been loosely implied that there is hashing backing them
dub: and there is no way to tell or reason to care
mircea_popescu: dub there's reason to care. way to tell is a little complex.
dub: I guess theres the implication that someone with a large farm is likely to continue having bitcoins
mircea_popescu: dub mh bonds w/o a farm are like usagi insurance : they work great unless they become useful (ie, diff drops)
dub: but the contracts are quite clear, its not even suggested that the dividends come from mined coins
mircea_popescu: in wehich case chain-of-default and "who would have thought of this"
dub: imo it takes teh same level of idiocy to assume mining bonds have hashing and that usagi has the money to actually insure shit
dub: the trust in mining bonds came from the issuers reputation
Ignatius-otc: I always assuemd usagi could payout. I contacted him about insuring an asset and was told I could be covered for every bitcent I deposited into the insurance plan...thats not ins;)
dub: Ignatius-otc: its great that he told you stuff but seriously..
Ignatius-otc: no, dub, I mean he only offered to cover what was paid in. real insurance does not work quite like that
dub: why did you assume in the first place that this random person with no reputation, that cant even decide on the sex of the internet personal it projects, would do anything it said it would
Ignatius-otc: large asset issuer, plenty of people who claim he is trustworthy
Ignatius-otc: I wanted to issue my own asset on glbse so I contacted several current issuers including usagi. I saw he ran CPA so I inquired about insuring my asset for shareholder benefit. Nothing ever came of it
dub: this is really the root of the problem
Ignatius-otc: At the time I even mentioned to him it would be beneficial if the insurer defaulted and my asset didnt, should have added some credibility;)
dub: scammer can simply creat a lot of 'companies' and people magically assign trust
Ignatius-otc: you act as if the guy didnt hang around for months paying out divs normally
Ignatius-otc: was that directed at me dub? I havent owned his assets but nyans paid out fine?
dub: nyans have been around for months?
Ignatius-otc: so you are saying usagi does not have any assets which are odler than 3 months and have paid out divs consistently?
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54 BTC [+]
Ignatius-otc: I thought he did, a minign turd at the least? If not nevermind my apologies
assbot: [GLBSE] [BITBOND] 1 @ 0.21 BTC [-]
dub: its cool that GLBSE doesnt list the date an asset was created
assbot: [MPEX] [S.MPOE] 35811 @ 0.00036128 = 12.9378 BTC [+]
assbot: [MPEX] [S.MPOE] 12073 @ 0.00036159 = 4.3655 BTC [+]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.54 BTC [+]
assbot: [GLBSE] [GIGAMINING] 1 @ 0.5562 BTC [+]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.5598 = 1.1196 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.2 BTC [-]
Ignatius-otc: I give up, I spent some time searching the forums but fail to find an asset meeting my criteria, lawl
dub: I'd GTFO GLBSE if you still can tbh
Ignatius-otc: I pulled out awhile ago:( I tried really hard to make it work there but couldnt do so.
dub: hard to have faith in assets issued on a scam exchange
assbot: [GLBSE] [BITBOND] 1 @ 0.19 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.19000001 BTC [+]
assbot: [MPEX:S.MPOE] 1day: 0.00035922 / 0.00036301 / 0.00037006 (1917311 shares, 696.02 BTC), 30day: 0.00034 / 0.00038901 / 0.00042 (64296880 shares, 25,012.49 BTC)
assbot: [MPEX] [F.GIGA.ETF] 3900 @ 0.00045476 = 1.7736 BTC [-]
assbot: [GLBSE] [PIMP] 1 @ 0.08999999 BTC [+]
assbot: [GLBSE] [ASICMINER] 5 @ 0.1099 = 0.5495 BTC [-]
assbot: [GLBSE] [BITBOND] 1 @ 0.21 BTC [+]
assbot: [GLBSE] [MMM] 3 @ 0.59 = 1.77 BTC [+]
assbot: [GLBSE] [YABMC] 3 @ 0.07065001 = 0.212 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.07065 BTC [-]
mircea_popescu: [Local Rules : Anyone can post in this thread, even people who are confused over their gender, can't do basic math, view failure as doing well and in general lack any idea of how to run a business]
assbot: [GLBSE] [YABMC] 25 @ 0.0706 = 1.765 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.06802 BTC [-]
assbot: [GLBSE] [YABMC] 19 @ 0.068 = 1.292 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.06412 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.06404 = 0.1281 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.06402 = 0.128 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.06381 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.06379 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.06377 BTC [-]
assbot: [GLBSE] [YABMC] 5 @ 0.06202 = 0.3101 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.062003 = 0.124 BTC [-]
assbot: [GLBSE] [YABMC] 23 @ 0.062 = 1.426 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.06199999 BTC [-]
assbot: [GLBSE] [YABMC] 4 @ 0.06132 = 0.2453 BTC [-]
assbot: [GLBSE] [YABMC] 20 @ 0.0613 = 1.226 BTC [-]
assbot: [GLBSE] [YABMC] 1 @ 0.061201 BTC [-]
assbot: [GLBSE] [YABMC] 20 @ 0.06112 = 1.2224 BTC [-]
assbot: [GLBSE] [YABMC] 67 @ 0.0611 = 4.0937 BTC [-]
assbot: [GLBSE] [ASICMINER] 74 @ 0.1099 = 8.1326 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 4100 @ 0.00045477 = 1.8646 BTC [+]
assbot: [GLBSE] [BTCS] 100 @ 0.01 = 1 BTC [-]
assbot: [GLBSE] [ASICMINER] 36 @ 0.11 = 3.96 BTC [+]
gribble: Best bid: 12.9001, Best ask: 12.95, Bid-ask spread: 0.04990, Last trade: 12.95, 24 hour volume: 33803, 24 hour low: 12.661, 24 hour high: 12.989
assbot: [GLBSE] [BITBOND] 8 @ 0.21089997 = 1.6872 BTC [+]
assbot: [MPEX] [O.BTCUSD.C100T] 1000 @ 0.3369956 = 336.9956 BTC [+]
assbot: [MPEX] [O.BTCUSD.C090T] 700 @ 0.40587623 = 284.1134 BTC [+]
assbot: [GLBSE] [JAH] 10 @ 0.11 = 1.1 BTC [+]
assbot: [MPEX] [O.BTCUSD.C080T] 250 @ 0.48215323 = 120.5383 BTC [+]
assbot: [GLBSE] [JAH] 5 @ 0.10001 = 0.5001 BTC [-]
assbot: [GLBSE] [JAH] 64 @ 0.100001 = 6.4001 BTC [-]
OneEyed: Yes. Bitcoin could replace it, that's why I shared this
mircea_popescu: i mean gold. one day someone finds a three by four by five kilometer gold rock under a sea somewhere and that's that.
assbot: [MPEX] [S.MPOE] 13700 @ 0.00036152 = 4.9528 BTC [-]
assbot: [MPEX] [S.MPOE] 11722 @ 0.00036159 = 4.2386 BTC [+]
assbot: [GLBSE] [LOTTOMINING] 20 @ 0.25 = 5 BTC
assbot: [GLBSE] [LOTTOMINING] 1 @ 0.25 BTC
assbot: [GLBSE] [BITBOND] 1 @ 0.21089997 BTC [+]
assbot: [GLBSE] [GSDPT] 5 @ 0.00339 = 0.017 BTC [+]
assbot: [GLBSE] [GSDPT] 50 @ 0.00339 = 0.1695 BTC [+]
assbot: [GLBSE] [GSDPT] 12 @ 0.00339 = 0.0407 BTC [+]
assbot: [GLBSE] [YABMC] 2 @ 0.07699989 = 0.154 BTC [+]
assbot: [MPEX] [S.MPOE] 18717 @ 0.00036048 = 6.7471 BTC [-]
assbot: [MPEX] [S.MPOE] 14478 @ 0.00035922 = 5.2008 BTC [-]
assbot: [MPEX] [S.BVPS] 1000 @ 0.0034007 = 3.4007 BTC [-]
assbot: [MPEX] [S.BVPS] 7500 @ 0.0034007 = 25.5053 BTC [-]
assbot: [GLBSE] [BITBOND] 2 @ 0.21089998 = 0.4218 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.21089999 BTC [+]
assbot: [GLBSE] [BITBOND] 1 @ 0.2163 BTC [+]
assbot: [GLBSE] [MERGEDMINING] 5 @ 0.05 = 0.25 BTC [-]
assbot: [GLBSE] [BBBB] 1 @ 0.00016 BTC [+]
assbot: [GLBSE] [BMMO] 5 @ 0.05 = 0.25 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.4525006 BTC [-]
assbot: [GLBSE] [NASTY] 8 @ 0.45250059 = 3.62 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.45240059 BTC [-]
assbot: [GLBSE] [GIGAMINING] 2 @ 0.56619996 = 1.1324 BTC [+]
assbot: [GLBSE] [BITBOND] 5 @ 0.21089997 = 1.0545 BTC [-]
assbot: [GLBSE] [NASTY] 4 @ 0.45250061 = 1.81 BTC [+]
assbot: [GLBSE] [007] 4 @ 0.081 = 0.324 BTC [-]
assbot: [GLBSE] [007] 10 @ 0.0808 = 0.808 BTC [-]
assbot: [GLBSE] [007] 7 @ 0.08051 = 0.5636 BTC [-]
assbot: [GLBSE] [DMC] 1 @ 0.0748899 BTC [+]
assbot: [GLBSE] [FPGA.CONTRACT] 1 @ 0.06945 BTC [+]
assbot: [GLBSE] [FPGA.CONTRACT] 2 @ 0.0695 = 0.139 BTC [+]
assbot: [GLBSE] [FPGA.CONTRACT] 2 @ 0.0699 = 0.1398 BTC [+]
gribble: nefario was last seen in #bitcoin-assets 1 week, 2 days, 2 hours, 50 minutes, and 37 seconds ago: <nefario> Those assets are not listed or traded anymore
mircea_popescu: kakobrekla it's a funny usagi post where he says "milk is scammer"
Diablo-D3: you are now reading everything I say in Heavy's voice.
Diablo-D3: too bad, I imagine I broke a lot of people's brains
mircea_popescu: you know most people with a degree don't verbalise what they read
assbot: [MPEX] [F.GIGA.ETF] 2157 @ 0.00045477 = 0.9809 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 472 @ 0.00045477 = 0.2147 BTC [+]
Diablo-D3: mircea_popescu: its the meme effect
Diablo-D3: GOOD NEWS EVERYONE! I INVENTED A MACHINE THAT MAKES YOU READ THIS IN MY VOICE!
assbot: [GLBSE] [ASICMINER] 36 @ 0.1091 = 3.9276 BTC [-]
assbot: [GLBSE] [ASICMINER] 64 @ 0.109 = 6.976 BTC [-]
Diablo-D3: mircea_popescu: No, I pretty much sound like you'd think Satan would sound like.
Diablo-D3: nope, I'm more like a white samuel l jackson
Diablo-D3: kakobrekla: no, dont have a cell phone at all
mircea_popescu: "let's give people arbitrary numbers of currency they can spend, this way they are invested"
Diablo-D3: holy fuck its in my brain killing my brain cells
mircea_popescu: "unlike the evil bitcoin people, who aren't invested, even tho they work for it and can spend it"
Diablo-D3: [07:01:59] <mircea_popescu> "let's give people arbitrary numbers of currency they can spend, this way they are invested"
Diablo-D3: isnt that basically the federal reserve way of banking?
assbot: [GLBSE] [GSDPT] 67 @ 0.003205 = 0.2147 BTC [-]
assbot: [GLBSE] [GSDPT] 50 @ 0.003201 = 0.1601 BTC [-]
assbot: [GLBSE] [GSDPT] 343 @ 0.0032 = 1.0976 BTC [-]
assbot: [GLBSE] [GOLD] 1 @ 0.00999 BTC [+]
assbot: [GLBSE] [PLATINUM] 3 @ 0.00999998 = 0.03 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 5540 @ 0.00045476 = 2.5194 BTC [-]
assbot: [GLBSE] [SILVER] 20 @ 0.00999999 = 0.2 BTC [+]
assbot: [GLBSE] [GOLD] 20 @ 0.00999999 = 0.2 BTC [+]
assbot: [GLBSE] [CBGB] 6 @ 0.48 = 2.88 BTC [-]
assbot: [GLBSE] [RAREEARTH] 20 @ 0.01 = 0.2 BTC [+]
assbot: [GLBSE] [PLATINUM] 20 @ 0.00999999 = 0.2 BTC [+]
smickles: and i'd just like to point out that it ipo'd at .1 and will buy back all shares at 1.29ish. with dividends all along the way, I believe it was quite possibly the best thing on GLBSE
mircea_popescu: lol peopel didn't really invest a lot in the good stuff, did they.
BTC-Mining: So... I'll have to do all the passthroughs on GLBSE now?
assbot: [GLBSE] [LOTTOMINING] 1 @ 0.25 BTC
assbot: [GLBSE] [MPOE.ETF] 1 @ 0.99999999 BTC [+]
assbot: [GLBSE] [MPOE.ETF] 2 @ 1 = 2 BTC [+]
smickles: jees, not to mention the usd/btc rate went up ~150% during its operation
assbot: [GLBSE] [MPOE.ETF] 1 @ 1 BTC [+]
assbot: [GLBSE] [CPA] 1 @ 0.019 BTC [-]
assbot: [GLBSE] [CPA] 5 @ 0.017 = 0.085 BTC [-]
assbot: [GLBSE] [CPA] 9 @ 0.01502 = 0.1352 BTC [-]
assbot: [GLBSE] [CPA] 9 @ 0.01404 = 0.1264 BTC [-]
assbot: [GLBSE] [CPA] 36 @ 0.014 = 0.504 BTC [-]
assbot: [GLBSE] [MPOE.ETF] 1 @ 1 BTC [+]
assbot: [GLBSE] [MPOE.ETF] 1 @ 1 BTC [+]
Diablo-D3: smickles, mircea_popescu: I think the problem is this
smickles: mircea_popescu: i'm about to request the withdrawal from mpex to glbse, so the wall will be up in due course ;)
smickles: i'll start as soon as the funds gets there
smickles: so judging from mircea_popescu's last statement, never
assbot: [MPEX] [S.MPOE] 33700 @ 0.00036132 = 12.1765 BTC [+]
assbot: [MPEX] [S.MPOE] 32300 @ 0.00036159 = 11.6794 BTC [+]
Diablo-D3: mircea_popescu: thats not even funny dude
assbot: [GLBSE] [MPOE.ETF] 21 @ 1 = 21 BTC [+]
assbot: [GLBSE] [MPOE.ETF] 3 @ 1.2 = 3.6 BTC [+]
smickles: damn, if i had no ethics, those woul've been mine
Ignatius-otc: seemed like a smart move, too bad about that code only thing;)
smickles: anyway, glbse gave me a badass deposit addy
smickles: 1Birt5ACuc72jCa4FmwSazyn6jBhvrEHvR
mircea_popescu: smickles : stop libeling my exchange or else you will be banned!
markac: "Defamation—also called calumny, vilification, traducement, slander (for transitory statements), and libel (for written, broadcast, or otherwise published words)—is the communication of a statement that makes a claim, expressly stated or implied to be factual, that [...]" -
http://en.wikipedia.org/wiki/Slander BTC-Mining: I don't have much ethics I guess then. I buy my own issue when I see orders too low.
smickles: BTC-Mining: it's only bad if you do it with non-public knowledge in mind
BTC-Mining: Although... I operated a fixed interest loan, and BTC-MINING for which nothing ever happens.
smickles: so buying below a known book value is a-ok
mircea_popescu: smickles your book values were pretty well established
BTC-Mining: Wait, was the 1.29ish purchase announced on the forum already?
smickles: but it's proper to wait a significant amount of time
BTC-Mining: Great. Unfortunatly you'd probably have to wait a bit to buy. Not instantly.
smickles: and i've secretly known about it since the 1st
assbot: [GLBSE:MPOE.ETF] [Bid: 0.50000001] [Ask: 1.26383449] [Spread: 0.76383448] [Last: 1.2] [24hVol: 30.59999999] [7dAvg: 1.02857142]
BTC-Mining: Because if you announce something then buy 5 seconds afterward, nobody saw the news
smickles: i could've had bids in based of of the previous month's financials
smickles: well, in my defense, i was otherwise occupied
smickles: oh, mircea_popescu it's not going to be a 1k wall because there's about 650 shares of treasure stock atm
assbot: [GLBSE] [BITBOND] 1 @ 0.2 BTC [-]
assbot: [GLBSE] [FZB.A] 5 @ 0.02 = 0.1 BTC [+]
assbot: [MPEX] [S.MPOE] 5300 @ 0.00036051 = 1.9107 BTC [-]
smickles: mircea_popescu: you got it a bit backwards
smickles: 650ish shares of _treasury_ stock (the stuff that doesn't get bought back b/c it's already in company hands)
mircea_popescu: "Usagi should be viewed as a case study regarding what happens when a person with nearly zero knowledge of finance and business tries to manage a venture"
assbot: [GLBSE:COGNITIVE] [Bid: 0.5751] [Ask: 0.57915996] [Spread: 0.00405996] [Last: 0.57979] [24hVol: 20.02079491] [7dAvg: 0.4837692]
smickles: kakobrekla: how is your forex thing going? did you launch yet?
smickles: well, when I read what you planned to do, it was a little confusing
kakobrekla: as for self fail i was thinking about this
assbot: [GLBSE] [OBSI.HRPT] 10 @ 0.0099879 = 0.0999 BTC [-]
assbot: [GLBSE] [OBSI.HRPT] 6 @ 0.009988 = 0.0599 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 30 @ 0.00999 = 0.2997 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 100 @ 0.01 = 1 BTC [+]
kakobrekla: smickles well is it clear now or still confusing?
smickles: kakobrekla: i think i get it, but I wouldn't say I'm confident in my understanding.
smickles: for one thing, i've never traded traditional forex before, so that's one degree of separation ;)
dub: GIPPT was a hilariously bad name for an asset
dub: Invest and get GYPPED
dub: chinese antique dealer stole
dub: but I talk to him and he pay back
assbot: [MPEX] [S.MPOE] 6905 @ 0.00036159 = 2.4968 BTC [+]
assbot: [MPEX] [S.MPOE] 16961 @ 0.00036238 = 6.1463 BTC [+]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: MPOE.ETF [1@0.1BTC] paid: 0.02470282 BTC. Last price: 1.2 BTC. Capital gain: 1.1 BTC. Total: 1.12470282 BTC. (1124.7%)
gribble: Error: "bc,balance" is not a valid command.
gribble: Error: "bc,imbalance" is not a valid command.
smickles: apparantly, my word is worth .999999992088 bitcents on the coin
smickles: i wonder why someone would sell at a satoshi less than the buyback price
BTC-Mining: because a satoshi is worth the delay time?
smickles: so what's the average amount of confirms to get funds to show in glbse?
gribble: Nefario was last seen in #bitcoin-assets 1 week, 2 days, 4 hours, 46 minutes, and 37 seconds ago: <nefario> Those assets are not listed or traded anymore
gribble: Error: There's really no reason why you should have underscores or brackets in your mathematical expression. Please remove them.
smickles: ah, fees, i forgot about those
BTC-Mining: Well you said 1.29ish, not 1.29, so...
assbot: [GLBSE] [ASICMINER] 36 @ 0.1091 = 3.9276 BTC [+]
assbot: [GLBSE] [ASICMINER] 64 @ 0.109 = 6.976 BTC [-]
smickles: BTC-Mining: i specified 1.2638345 in the forum post
BTC-Mining: Explains why there's offers at the price
smickles: and someone is asking for literally 1 satoshi less
gribble: Time since last block: 13 minutes and 37 seconds
BTC-Mining: 1 satoshi is always a good price to pay to remove delays
assbot: [GLBSE] [BBBB] 28 @ 0.00016 = 0.0045 BTC [+]
dub: I'll be like 'remember when I bought DMC stock for 1 satoshi!'
dub: of course DMC will by the AAPL of 12834AD
assbot: [GLBSE] [BITBOND] 1 @ 0.19 BTC [-]
assbot: [GLBSE] [BITBOND] 5 @ 0.19 = 0.95 BTC [-]
BTC-Mining: There's the wednesday freeroll on Sealswithclub. Almost forgot it.
assbot: [GLBSE] [ARS] 10 @ 0.0145 = 0.145 BTC [-]
BTC-Mining: It was 0.02 if I lose, and you give me 2 if I won first place.
assbot: [MPEX] [F.GIGA.ETF] 6400 @ 0.00045474 = 2.9103 BTC [-]
assbot: [MPEX] [S.MPOE] 26563 @ 0.00036051 = 9.5762 BTC [-]
BTC-Mining: When they are 11 million as you say, remember when I paid you 220 000 USD
dub: rule 34 on michelle and ann tbh
assbot: [GLBSE] [MPOE.ETF] 48 @ 1.26383449 = 60.6641 BTC [+]
assbot: [GLBSE] [MPOE.ETF] 192 @ 1.2638345 = 242.6562 BTC [+]
BTC-Mining: 11 million dollars x 21 million BTC = 231 trillion dollars
dub: obama and romneys wife
BTC-Mining: at the price smickles is going to buy them back?
rdponticelli: Probably somebody who saw people buying, and bet on a rally?
rdponticelli: And who obviously doesn't know about the buyback...
smickles: "I will place a bid to fulfill this end as soon as I have moved funds into the account on GLBSE."
assbot: [GLBSE] [MPOE.ETF] 1 @ 1.25039734 BTC [-]
assbot: [GLBSE] [MPOE.ETF] 69 @ 1.25039733 = 86.2774 BTC [-]
rdponticelli: smickles: So you're not buying back but placing a bidwall?
assbot: [GLBSE] [GIGAMINING] 12 @ 0.56558994 = 6.7871 BTC [-]
smickles: rdponticelli: it's the way nefario has us do it
assbot: [GLBSE:MPOE.ETF] [Bid: 1.25039733] [Ask: 1.89999999] [Spread: 0.64960266] [Last: 1.25039733] [24hVol: 421.44809262] [7dAvg: 1.11167851]
mircea_popescu: i don't understand. how can it trade at 1.25 if you have wall at 1.26 ?!
mircea_popescu: <assbot> [GLBSE] [MPOE.ETF] 69 @ 1.25039733 = 86.2774 BTC [-]
assbot: [GLBSE] [MPOE.ETF] 21 @ 1.2638345 = 26.5405 BTC [+]
smickles: it was nice while it lasted :) :(
assbot: [MPEX] [S.MPOE] 31400 @ 0.00035922 = 11.2795 BTC [-]
assbot: [MPEX] [S.MPOE] 34776 @ 0.00035919 = 12.4912 BTC [-]
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: MPOE.ETF [1@0.1BTC] paid: 0.02470282 BTC. Last price: 1.2638345 BTC. Capital gain: 1.1638345 BTC. Total: 1.18853732 BTC. (1188.5%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
smickles: mircea_popescu: i found it to be quite nice. I liked accounting for it :)
assbot: SS [1@0.1BTC] paid: 0.59075039 BTC. Last price: 0.0111 BTC. Capital gain: -0.0889 BTC. Total: 0.50185039 BTC. (501.9%)
smickles: SS? well, !pl won't work for ss
smickles: also, i'm basically just the accountant for SS
assbot: [GLBSE] [LOTTOMINING] 10 @ 0.25 = 2.5 BTC
assbot: [GLBSE] [LOTTOMINING] 100 @ 0.25 = 25 BTC
assbot: [GLBSE] [MPOE.ETF] 25 @ 1.2638345 = 31.5959 BTC [+]
BTC-Mining: I was the one who bought the pack at of ETF at 1 BTC each
BTC-Mining: yeah, I had nothing in hand and was cancelling bids during that time
BTC-Mining: I'm getting good money from everyone running out =/
rdponticelli: But when I got out of a stock, I take out the btc
BTC-Mining: eh, and I probably have too much exposure
BTC-Mining: Only reason I don't run funds by the way is that would interfere with my personal portfolio and I don't want to keep track to not cross-trade.
BTC-Mining: I'll have to pick up MPEx assets passthroughs
assbot: [GLBSE] [NASTY] 2 @ 0.49979956 = 0.9996 BTC [+]
smickles: mircea_popescu: based on the last price, ss would be a 75.891883% gain when you include dividend payments
kakobrekla: so i hacked opera magic wand with javascript
mircea_popescu: lol kakobrekla you know who i do this to all the time ?
rdponticelli: So you stole the password to your password manager, not to you
BTC-Mining: what's up with people complaining GLBSE/SEC all the time?
BTC-Mining: SEC was never interested in GLBSE directly
BTC-Mining: People fear the governments... governments fear people...
smickles: mircea_popescu: no competition? s2cm ate bad debt via pirate and still gives its shareholders a gain. I'd say that's an epic win
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.3322 BTC [+]
assbot: [GLBSE] [HYDRO.BONDS] 3 @ 1.332191 = 3.9966 BTC [-]
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.33219 BTC [-]
assbot: [GLBSE] [HYDRO.BONDS] 1 @ 1.33009 BTC [-]
BTC-Mining: Why do you think governments keep doing stuff short-term with poor long-term benefits? Because all those damned politicians are interested in their career and current popularity, not what will be achieved in a few decades.
assbot: [GLBSE] [LOTTOMINING] 25 @ 0.25 = 6.25 BTC
BTC-Mining: It's an annoying tendency, parties want to do thing bringing them instant recognition
mircea_popescu: smickles i meant ss's <100% is no competition for mpoe.etf's 1188% as "highest return thibng"
assbot: [GLBSE] [LOTTOMINING] 350 @ 0.25 = 87.5 BTC
smickles: rdponticelli: you know what smickles means, don't you?
markac: mircea_popescu: "smickles" (de to en, translate.google.com)
markac: 1) To be really good. 2) As replacement to okay or great. Note: Usually said with half-hearted meaning or sarcasm OR with little or no interest in the subject of the conversation.A type of happy-go-l
rdponticelli: smickles: so you also deserve the trophy to humility
smickles: and it's a nickname which I gave myself in 1992
BTC-Mining: But as long as they actually buy the tickets...
smickles: so rdponticelli, I came up with the term before it had a meaning
assbot: [GLBSE] [NASTY] 1 @ 0.42110024 BTC [-]
assbot: [GLBSE] [NASTY] 2 @ 0.42110023 = 0.8422 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.4211002 BTC [-]
assbot: [GLBSE] [NASTY] 9 @ 0.42110003 = 3.7899 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.42110002 BTC [-]
assbot: [GLBSE] [NASTY] 35 @ 0.421 = 14.735 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.4002 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.39983965 BTC [-]
assbot: [GLBSE] [NASTY] 370 @ 0.391 = 144.67 BTC [-]
rdponticelli: smickles: Maybe it got the meaning after you ;)
smickles: BTC-Mining: also, that sort of operation has been deemed illegal, even in the country where they buy the tickets
assbot: [MPEX] [F.GIGA.ETF] 3263 @ 0.00045475 = 1.4838 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 300 @ 0.00045475 = 0.1364 BTC [+]
gribble: Best bid: 12.8903, Best ask: 12.9899, Bid-ask spread: 0.09960, Last trade: 12.89, 24 hour volume: 31354, 24 hour low: 12.7, 24 hour high: 12.99
assbot: [GLBSE] [ARS] 215 @ 0.0145 = 3.1175 BTC [-]
BTC-Mining: By the way BitcoinBear, about your thread of what's worth investing in.
dub: 'bama looks like he's getting ready to rip asshole
BTC-Mining: You took a look at BTC-MINING/BTC-BOND?
dub: can see the killer stare
assbot: [GLBSE] [ARS] 142 @ 0.0144 = 2.0448 BTC [-]
assbot: [GLBSE] [ARS] 150 @ 0.0143 = 2.145 BTC [-]
BTC-Mining: Have you seen the contract on BTC-BOND and the holdings report?
assbot: [GLBSE] [ARS] 255 @ 0.0142 = 3.621 BTC [-]
BTC-Mining: oh damn, I see why LOTTOMINING is still getting so much people in.
BTC-Mining: I hope the thread was made in the gambling section tho...
BTC-Mining: GLBSE is really free-for-all... Investment or not...
asa1024: why not just have a trash can on the desk top and you can drag your bit coin wallet to the trash can and empty it?>
mircea_popescu: onyl lists quality assets that are in clear violation of laws in all countries involved.
BitcoinBear: ack, GLBSE running very slow for me today :(
BTC-Mining: Actually, GLBSE will be split. Assets respecting regulations will be on GLBSE.
BTC-Mining: Those other assets will go to a black market
BTC-Mining: GLBSE will move toward more MPEx like standards, rest will be moved out.
BTC-Mining: Black market might look like the current GLBSE, idk...
smickles: lol, assets respecting regs will stay on GLBSE?
BitcoinBear: they set up the different colors, but everything is still in pink
smickles: you don't know the regs in 'merica
Chaang-Noi: what real company would list on glbse?
smickles: none right now (if they have a lawyer)
smickles: what countries don't have securities regulations?
BitcoinBear: who is it that is always outbidding me by 1 satoshi? It is obnoxious!
BTC-Mining: smickles, american regulations don't matter much if it's a UK market and regulated as per UK laws... americans on GLBSE would be trading on a foreign market.
BTC-Mining: I'm not sure how it would work exactly.
BitcoinBear: It is especially bad when GLBSE is running slow, going through all those page turns just to move an order up a tiny bit to outbid them >:(
BTC-Mining: But probably involve registering each asset as a free trading one and involve a quite a bit more paperwork from everyone. And GLBSE would act as a broker for those.
BTC-Mining: More than a full fledged stock market.
mircea_popescu: <BTC-Mining> GLBSE will move toward more MPEx like standards, << this can't hurt anything
BTC-Mining: We still need some kind of "black, free for all markets". No wrong in lack of regulations.
BTC-Mining: We really need serious exchanges/brokers
mircea_popescu: it's not black in the sense it doesn't allow listing of shit. it's black i nthe sense it really doesn't care who calls himself "government"
BitcoinBear: MP you have a plural knowledgebase? usually it is afaik, right?
BTC-Mining: Indeed. Although it's not free for all. Highling requiring for quality assets only.
BTC-Mining: So black market, but not free to everyone to issue anything.
assbot: [GLBSE] [LOTTOMINING] 25 @ 0.25 = 6.25 BTC
assbot: [GLBSE] [MPOE.ETF] 1 @ 1.2638345 BTC [+]
assbot: [GLBSE] [ASICMINER] 8 @ 0.11 = 0.88 BTC [+]
assbot: [GLBSE] [LOTTOMINING] 25 @ 0.25 = 6.25 BTC
assbot: [MPEX] [S.MPOE] 1300 @ 0.00035925 = 0.467 BTC [+]
assbot: [GLBSE] [BTC-BOND] 1 @ 0.00989 BTC [+]
assbot: [GLBSE] [BTC-MINING] 1 @ 0.9718 BTC [+]
BTC-Mining: So, had a look at contract and spreadsheet for BTC-BOND, BitcoinBear?
BitcoinBear: I'm still waiting for the page to load, stupid slow glbse mumble muble mppff
assbot: [GLBSE] [COGNITIVE] 3 @ 0.5751 = 1.7253 BTC [-]
BitcoinBear: Ok, I admit, I think I just missed BTC-Bond when I was going through all the assets trying to find anything. Looks pretty good.
BitcoinBear: BTC-Mining how actively do you trade the assets?
BitcoinBear: not pay much? it is still a better return than my credit card gets from me!
BitcoinBear: and why is the price below the listed price? just the recent selloff of people leaving glbse?
assbot: [GLBSE] [LOTTOMINING] 5 @ 0.25 = 1.25 BTC
BTC-Mining: I started with 1900$ around around April/May for ~400 BTC and then in end June/August, purchased for 5500 for ~ 500 BTC.
BTC-Mining: I those few months, you can see my personal portfolio went from ~900 BTC to ~1500.
BTC-Mining: That's around 2-5% per week depending on the week.
BitcoinBear: In the spreadsheet, why is MPOE.ETF listed as a 0 value? just because it has not been traded in a while?
BTC-Mining: and there had been no trades in the last 5 days
BitcoinBear: we just saw one a minute ago, so that should update at some point.
BTC-Mining: because the API tool often inserts Errors because GLBSE api times out.
BTC-Mining: Screws up the whole totals and percent when a cell fills with "error"
smickles: BitcoinBear: mpoe.etf is winding down, you know
assbot: [GLBSE] [LOTTOMINING] 50 @ 0.25 = 12.5 BTC
assbot: [GLBSE] [LOTTOMINING] 50 @ 0.25 = 12.5 BTC
BitcoinBear: is it just MPOE.ETF, or also the underlying asset of MPEx?
BTC-Mining: Especially since they make around 5% of profits from funds/passthrough they manage.
BTC-Mining: Especially if you manage a 500 BTC fund which earn 1-2 % (5-10 BTC weekly), then get 5% of that (0.25 to 0.5 BTC weekly)
BTC-Mining: What's the incentive to be there, trading daily?
mircea_popescu: not even sure its a problem. this isn;'t the thing should be done "for fun"
assbot: [MPEX] [F.GIGA.ETF] 537 @ 0.00045475 = 0.2442 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 3700 @ 0.00045475 = 1.6826 BTC [+]
BTC-Mining: I mean, you don't manage a fund just for the fun of it...
BTC-Mining: That's what I was referring to as a major problem.
BitcoinBear: right, you could do some invsting on your own for fun, but taking other peoples money to play with is a bad idea
assbot: [GLBSE] [SYNERGY] 2 @ 0.12 = 0.24 BTC [+]
smickles: I did it because there was a market opportunity. and I structured it in a way that the workload was minimal
smickles: mostly, i had buys in to catch the dips which went much further than they should've
smickles: if there were more funds to work with, i would've been able to do it more efficiently
BTC-Mining: I started with 400 BTC (2k USD) for the fun of it. When I found trading profit was good, I placed more and started taking loans at a small rate, putting my portfolio in front of it to protect against loss of lent funds.
rg: but i forgot to pay some money
rg: so in eed to pay extra
rg: i can just do the same dividend
rg: but with the extra div
rg: that's terribly explained
rg: i can just do a dividend with the missing amount?
rg: my p&l is in a leafpad session
rg: almost ready to be copy/pasted
rg: i wnat to finish the new bitvps site
mircea_popescu: "At the moment, we don't see the virtual currency market as a good
rg: no i dont wnna do that
mircea_popescu: you say this is owed, we paid this much, paying rest next month cause dongs.
rg: all they'd have to do is create an anonymous entity
rg: and keep it away from their real business
rg: can you take 23 BTC out of my account
rg: and hold it in your account
rg: until its time for next divs?
assbot: [MPEX] [S.MPOE] 2088 @ 0.00035759 = 0.7466 BTC [-]
assbot: [MPEX] [S.MPOE] 37878 @ 0.00035741 = 13.538 BTC [-]
assbot: [MPEX] [S.MPOE] 15700 @ 0.0003573 = 5.6096 BTC [-]
assbot: [MPEX] [S.MPOE] 2034 @ 0.00035729 = 0.7267 BTC [-]
rg: ill spend it on shares
rg: ;;calc 175000 * 0.00035729
rg: ;;calc 175000 * 0.00042001
assbot: [GLBSE] [YABMC] 4 @ 0.07689999 = 0.3076 BTC [-]
assbot: [GLBSE] [BDK.BND] 200 @ 0.04 = 8 BTC [+]
assbot: [GLBSE] [NASTY] 1 @ 0.44 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.43 BTC [-]
assbot: [GLBSE] [DMC] 15 @ 0.0666 = 0.999 BTC [-]
assbot: [MPEX] [S.MPOE] 13400 @ 0.00035729 = 4.7877 BTC [-]
assbot: [GLBSE] [NASTY] 1 @ 0.44889676 BTC [+]
assbot: [GLBSE] [FDBF] 1 @ 0.1499 BTC [+]
assbot: [GLBSE] [OBSI.HRPT] 1 @ 0.01028 BTC [+]
assbot: [GLBSE] [ASICMINER] 2 @ 0.109 = 0.218 BTC [-]
assbot: [GLBSE] [YABMC] 2 @ 0.0769 = 0.1538 BTC [+]
assbot: [GLBSE] [RSM] 9 @ 0.295 = 2.655 BTC [+]
assbot: [MPEX] [O.BTCUSD.P100T] 9 @ 0.07007253 = 0.6307 BTC [+]
jcpham: if you can't trust a guy named nefario, who can you trust?
assbot: [MPEX] [F.GIGA.ETF] 2900 @ 0.00045475 = 1.3188 BTC [-]
rg: want to do me a favor/
rg: can you hold onto 20 BTC for me
smickles: mind if I ask why you can't hold onto it?
rg: lol well you can pay me interest if you want
rg: its a weird sex thing, you dont want to know
smickles: alright, lemme gen an addy for you
gribble: Best bid: 12.92012, Best ask: 12.998, Bid-ask spread: 0.07788, Last trade: 12.998, 24 hour volume: 30051, 24 hour low: 12.7025, 24 hour high: 13.01
rg: i can just ask imsaguy
rg: imsaguy is always down to hold onto fnuds
rg: he's like a pirateat40 who doesn't scam you
smickles: loldude, < smickles> alright, lemme gen an addy for you
rg: im trying to scam smickles right now
rg: but hes making it har
rg: im gonna send him 20 btc
rg: then tell him i sent him 25 btc
imsaguy2: mircea_popescu: you pay interest?!
imsaguy2: are we making a perpetual annuity?
rg: are you paying interest again mircea?!
rg: i dont want that shit
rg: im a very simple man mircea
mircea_popescu: actually mpcd would be ideal for mpex companies seeing how it pays on the 1st
rg: i liked it the way it was before
rg: mircea says that he cant figure out how to do interest anymroe
rg: and started keeping the %
rg: i want my .5 btc/day you arse face
rg: mircea_popescu: only for the past 5 months
mircea_popescu: rg srsly, if you had 20 btc in mpcd.A it'd have paid you .4 on the 1st
rg: but i dont understand that shit
rg: and i dont wanna know
rg: i liked it when i didn't have to do anything
rg: and it just paid me every day
rg: and i would be like oo
mircea_popescu: i'd very much want to hear what maged has to say now to turn it into a "misunderstanding"
assbot: [GLBSE] [GIGAMINING] 14 @ 0.56509999 = 7.9114 BTC [-]
assbot: [GLBSE] [GIGAMINING] 3 @ 0.5651 = 1.6953 BTC [+]
assbot: [GLBSE] [GIGAMINING] 3 @ 0.56515 = 1.6955 BTC [+]
assbot: [GLBSE] [BDK.BND] 1 @ 0.04949999 BTC [+]
assbot: [GLBSE] [YABMC] 3 @ 0.0769 = 0.2307 BTC [+]
rg: i bet nefario would pay me interest...
smickles: this is a bait and switch, i swear
assbot: [GLBSE] [ASICMINER] 6 @ 0.109499 = 0.657 BTC [+]
assbot: [GLBSE] [ASICMINER] 94 @ 0.1096 = 10.3024 BTC [+]
copumpkin: that's why I wanted nefario to stop trying to regulate that shit
smickles: ;;rate rg -1 uses dirty sales tactics
copumpkin: he'd have some sort of "safe harbor"-like argument to make if he just insisted on being completely hands-off
copumpkin: but if he touches some of the issues and not others, he's sort of tacitly condoning the ones he lets through
smickles: safe harbor in securities exchange?
copumpkin: well, I'm not saying it'd be legally viable
copumpkin: but he could make that argument informally at least
smickles: ah, just for consistency, you argue
imsaguy2: safe harbor doesn't apply if the creation itself is illegal
copumpkin: smickles: he has no requirement to regulate it
copumpkin: he chose to selectively regulate it
copumpkin: and now people are holding the occurrences where he didn't step in against him
copumpkin: which is precisely the kind of things safe harbor laws protect against
copumpkin: I'm not saying it does apply, just that it's analogous
assbot: [MPEX] [F.GIGA.ETF] 415 @ 0.00045476 = 0.1887 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.00045476 = 0.4548 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 2800 @ 0.00045476 = 1.2733 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 1885 @ 0.00045476 = 0.8572 BTC [+]
copumpkin: and he could make the argument on the forum if he'd kept his paws out of it
assbot: [MPEX] [S.MPOE] 20231 @ 0.00035729 = 7.2283 BTC [-]
copumpkin: IANAL but I engage in it regularly with mircea_popescu
smickles: copumpkin: is there any legal pitfalls in calling yourself an arbitor or mediator
smickles: that's more of a spike trap, copumpkin
copumpkin: I don't think it's really possible to make any legal calls here :) your guesses would be more educated if you were a lawyer
jcpham: everytime i see that acronym i think of anal
jcpham: i know it's about lawyers
copumpkin: hence my mentions of mircea_popescu and buttsex
rg: We were not meant to experience life through a machine
smickles: rg: why doesn't running bitcoin-qt thru a socks proxy to my vps work very well?
rg: what kinda socks proxy
rg: i was just going to suggest using that
rg: instead of whatever you're doing
rg: umm what exactly do you mean by
rg: 'doesnt work very well'
rg: mind you, you wont be able to accept connections on it
rg: so your connection count will be low
smickles: it never gets more than 8 connections.. oh, well, the second thing is that a lot of the connections seem to time out
smickles: channel 15: open failed: connect failed: Connection timed out
smickles: channel 15: open failed: connect failed: Connection refused
rg: that's not your fault
rg: those are just other people who're NAT'd/proxied
rg: they advertise their IP/port to the network
smickles: just my ignorant me seeing output, eh?
Bugpowder: GLBSE is offline We will update our users on Saturday.
smickles: is there a way to open the port to the bitcoin somehow?
smickles: wow, i'm glad i cashed out >200btc yesterday
smickles: I did that the day b/f 'coinica died too
Bugpowder: I moved 1300 BTC off... still have 60 there in GIGAMINING
rg: isnt there a forum post
smickles: maybe they were fractional reserve, and suffered a bank run
rg: maybe it got owned :-D
rg: ;;calc 1300 * [ticker --last]
rg: if you give me 300 BTC
rg: i will give you 250 BTC back
smickles: kilothousandair sounds better to me
teek: update our users on saturday
rg: i used it less than 5 hrs ago
asa1024: okay - where do we riot about this?
jcpham: if it wasn't a bank run it's about to be
assbot: [MPEX] [S.MPOE] 24300 @ 0.00035853 = 8.7123 BTC [+]
jcpham: because i'm going to sell everything into the ground
gigavps: i sent coins to glbse this morning :-/
gigavps: for monday's coupon payment
mircea_popescu: <smickles> safe harbor in securities exchange? <<< lol
jcpham: i've tried to refrain from dumping my assets
jcpham: mainly because of you guys and not wating to affect you
rg: arf that means BIB.BVPS wont be able to pay out divs
rg: dont copy that floppy
smickles: jcpham: it's business, i respect you for careing, and i'd respect you for 'looking out for no. 1' too
smickles: mircea_popescu: late to the party?
drekk: this is so popcorn
rg: mircea is already writing a forum post talking shit about glbse
asa1024: the soap operas my wife watches has NOTHING on this sort of drama
asa1024: other than the sex and adultery part
assbot: [MPEX] [S.MPOE] 48829 @ 0.00036007 = 17.5819 BTC [+]
assbot: [MPEX] [S.MPOE] 36600 @ 0.00036016 = 13.1819 BTC [+]
assbot: [MPEX] [S.MPOE] 22636 @ 0.00036119 = 8.1759 BTC [+]
rg: imsaguy is listed as a ponzi scheme
jcpham: i'm just saying i have actively refrained from dumping my assets over the past 60 days or so since pirate defaulted
jcpham: if it comes back i'll take whatever i can and leave
smickles: imsaguy2: you're only ranked #11 on that list
DeaDTerra: what the hell is going on with GLBSE?
asa1024: turn that stock exchange back on!!!
smickles: Bugpowder: lol "I should have finished pulling out", now you have a daughter
asa1024: my life savings was jn cpa!!
asa1024: so I guess we have been owned?
teek: this shit is unreal
smickles: if Bugpowder's face is on the internet, someone should morph his face with nefario's
teek: as if things havent been bad enough lately
assbot: [MPEX] [F.GIGA.ETF] 2800 @ 0.00045475 = 1.2733 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1953 @ 0.00045475 = 0.8881 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 4500 @ 0.00045475 = 2.0464 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 10 @ 0.00045475 = 0.0045 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 2153 @ 0.00045474 = 0.9791 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 2571 @ 0.00045473 = 1.1691 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 5100 @ 0.00045472 = 2.3191 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 5800 @ 0.00045471 = 2.6373 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 9810 @ 0.00045469 = 4.4605 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1900 @ 0.00045463 = 0.8638 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 8700 @ 0.00045455 = 3.9546 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 3245 @ 0.00045337 = 1.4712 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 8200 @ 0.00045032 = 3.6926 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 9500 @ 0.0004472 = 4.2484 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 2146 @ 0.00044174 = 0.948 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 8785 @ 0.00044165 = 3.8799 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 9849 @ 0.00044119 = 4.3453 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.00044032 = 0.4403 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 7417 @ 0.0004402 = 3.265 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 94978 @ 0.00044 = 41.7903 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 11400 @ 0.00027879 = 3.1782 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 4900 @ 0.00026701 = 1.3083 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 100000 @ 0.00023 = 23 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 98613 @ 0.00018 = 17.7503 BTC [-]
asa1024: so this is what being owned feels like
FledNanders: Sucks to whoever just bought all those shares.
Bugpowder: they were stupid to buy them anyway
mircea_popescu: asa1024 you must have missed the many "glbse is a scam" posts
Bugpowder: usagi, my wife expects me to lose all the bitcoin money
asa1024: mircea - yeah I've read them but I thought you guys were just slinging mud around everywhere
asa1024: I guess I learned something
area: So, do we think we'll actually hear something on Saturday?
rg: [11:28] <usagi> Nefario spoke at bitcoin 2012 -- no one saw this coming
rg: no one even knows what happened
assbot: [MPEX] [S.MPOE] 8264 @ 0.00036119 = 2.9849 BTC [+]
assbot: [MPEX] [S.MPOE] 17749 @ 0.00036119 = 6.4108 BTC [+]
assbot: [MPEX] [S.MPOE] 36600 @ 0.00036124 = 13.2214 BTC [+]
assbot: [MPEX] [S.MPOE] 17239 @ 0.00036238 = 6.2471 BTC [+]
assbot: [MPEX] [S.MPOE] 32500 @ 0.00036305 = 11.7991 BTC [+]
assbot: [MPEX] [S.MPOE] 58700 @ 0.00036411 = 21.3733 BTC [+]
assbot: [MPEX] [S.MPOE] 38300 @ 0.00036415 = 13.9469 BTC [+]
rg: but its not the end of the world
assbot: [MPEX] [S.MPOE] 37800 @ 0.00036423 = 13.7679 BTC [+]
assbot: [MPEX] [S.MPOE] 27848 @ 0.00036488 = 10.1612 BTC [+]
gribble: nefario was last seen in #bitcoin-assets 1 week, 2 days, 19 hours, 29 minutes, and 15 seconds ago: <nefario> Those assets are not listed or traded anymore
smickles: area: well, if we hear something on sat, how could it be good news
rg: for all we know nefario found a huge bug and had to suspend trading ASAP
asa1024: I'm so owned but oh well shit happens I didn't lose much
mircea_popescu: rg there's no way he can get btc to cover for all the withdrawals
Bugpowder: I am diversified across all the non shit MPEX assets
assbot: [MPEX] [S.MPOE] 34388 @ 0.00036488 = 12.5475 BTC [+]
assbot: [MPEX] [S.MPOE] 45612 @ 0.00036542 = 16.6675 BTC [+]
rg: maybe bugpowder is the guy buying up all the s.bvps lately
smickles: jurov|away: so how's that mpex brokerage coming alon?
DeaDTerra: Nefario claims to hold all the BTC deposited into GLBSE in a offline wallet, so he should be able to pay all the withdraws.
DeaDTerra: Anyone has his phone number,I want to give him a call.
mircea_popescu: DeaDTerra on the other hand christians claim jesus' mom was a virgin at the time
rg: he'll obviously be on IRC soon
DeaDTerra: (not in the threatening way, but in the hey m8 what's going on way)
gribble: Nefario was last seen in #bitcoin-assets 1 week, 2 days, 19 hours, 31 minutes, and 15 seconds ago: <nefario> Those assets are not listed or traded anymore
smickles: DeaDTerra: i'll check my phone log from back in march
gribble: nefario_ was last seen in #bitcoin-assets 21 weeks, 6 days, 7 hours, 55 minutes, and 24 seconds ago: <nefario_> I've not got all the commands down
teek: usagi: what are you talking about?
rg: it hasnt been a week since he was here
gribble: I have not seen nefario__.
teek: usagi: i am talking about the great organic coke
teek: i know glbse is down
Bugpowder: usagi, you already lost most of it :)
rg: theres nothing wrong with doing coke
FledNanders: I did not see this GLBSE closure coming. :( I just had a friend invest 20 BTC yesterday.
rg: english people love coke
rg: its not a glbse closure!
rg: you guys need to fucking relax
Bugpowder: Did I not said GLBSE was going to die by Nov1
rg: and stop jumping to conclusions
rg: you didn't lose anything
rg: you dont even know what's going on
FledNanders: rg: I can't get my funds... I consider that lost.
teek: rg: with the further downward spiral this will cause
Bugpowder: the bid value of any security held is going to be cut in half
rg: temporarily unavailable!
teek: ya we did lose something
DeaDTerra: Last time I talked to Nefario, he was looking for somewhere to live, I am sure he just has a limited amount of internet access and a bug came up and he had to shutdown the servers to deal with it.
rg: nefario has a fuckload of btc
rg: i think he probably found a catastrophic bug
rg: mircea_popescu: so am i but i still have like 300 btc
smickles: I'm not positive it's his, but it's a +44 code
mircea_popescu: soooo... all of you people who gave your id details to nefario
Bugpowder: time to update my spreadsheet of bitcoin investment losses
rg: mircea_popescu: for me it is
rg: im not a high roller like all of you
FledNanders: rg: None of us are high rollers anymore. :(
Bugpowder: just post the bitcoin price please
assbot: [MPEX] [S.MPOE] 988 @ 0.00036542 = 0.361 BTC [+]
assbot: [MPEX] [S.MPOE] 8400 @ 0.00036547 = 3.0699 BTC [+]
gribble: Best bid: 13.02, Best ask: 13.0684, Bid-ask spread: 0.04840, Last trade: 13.02, 24 hour volume: 31652, 24 hour low: 12.703, 24 hour high: 13.0685
assbot: [MPEX] [S.MPOE] 7400 @ 0.00036661 = 2.7129 BTC [+]
assbot: [MPEX] [S.MPOE] 7212 @ 0.00036748 = 2.6503 BTC [+]
copumpkin: why wait until saturday to make an announcement?
Bugpowder: GLBSE is offline For those worried about their bitcoin, please calm yourselves there has been no hack and your coins are safe and all accounted for. I apologize for the lack of notice and the downtime, but there isn't much choice. We will update our users on Saturday.
DeaDTerra: I got a answer from Nefario. He can't comment on the downtime until Sunday.
smickles: oh, usagi samthan was asking for you
smickles: said you owed him 1200 btc or somehting
Luceo: I'm done with GLBSE
Luceo: Glad I pulled my BTC
drekk: Meanwhile... 13.07597
gribble: Best bid: 13.07598, Best ask: 13.08, Bid-ask spread: 0.00402, Last trade: 13.06586, 24 hour volume: 31452, 24 hour low: 12.703, 24 hour high: 13.08
Luceo: Why is it so hard for Bitcoiners to just run legitimate fucking businesses? :S
BurtW: Summary of GLBSE fiasco please.
copumpkin: mircea_popescu: long-term maybe :) short-term, I feel bad for a lot of people getting fucked :(
copumpkin: mircea_popescu is sipping his cognac
mircea_popescu: copumpkin mee too. especially for the uppity ones who managed to completely fuck themselves over by getting on my ignore list.
DeaDTerra: He doesn't seem to be going anywhere, though he can't comment on anything until Sunday (probably legal reasons).
smickles: BurtW: it wen't offline, says it'll have info on saturday
copumpkin: hey guys, technically your ownership of everything is your own
copumpkin: of how much everyone owns of everything
copumpkin: that shit should be published and signed though
jcpham: let's blame BurtW and see if it helps
BurtW: <DeaDTerra> Got a hold of Nefario << only good news so far
gribble: Best bid: 13.056, Best ask: 13.08, Bid-ask spread: 0.02400, Last trade: 13.08408, 24 hour volume: 31471, 24 hour low: 12.703, 24 hour high: 13.0841
asa1024: oct 4th 2012 the Day the music died.
copumpkin: asa1024: have you seen margin call?
Luceo: They froze my account for 6 months
asa1024: no not yet - is it any good?
assbot: [MPEX] [S.MPOE] 15000 @ 0.00036748 = 5.5122 BTC [+]
copumpkin: jeremy irons hears the music stop, in that movie
mircea_popescu: well if that helps anything, strateman, taaki & co haven't "gone anywhere" either. they're still around
asa1024: thanks! i'll check it out!
copumpkin: it's fictional, but designed to mirror more or less what happened during the shitshow
Doffx: Wow no update until Sat, wtf
Luceo: usagi: Hope you get your shit back :x
rg: someone musta called in the federalies
jcpham: hi! we have all your monies. the site is down. sucks to be you. we'll talk about it in a few days.
assbot: [MPEX] [S.MPOE] 1000 @ 0.00036748 = 0.3675 BTC [+]
mircea_popescu: gavin has to now code something to accept the coupons into the blocks
rg: mtgox has enough money to grease the wheels
Luceo: All the feds are accomplishing is driving legitimate businesses underground, into tor, into darknet, onto IRC
copumpkin: asa1024: if you like financial fuckup movies based on true stories, you should also watch rogue trader. That's an even more ridiculous story
ErebusBat: mircea_popescu: any thread or pastebin I can read to catch up? Other than (CLOSED WILL UPDATE IN A FEW DAYS?)
DeaDTerra: I am talking to James at the moment
BurtW: ErebusBat no sec, just idiocy << can you expound on this
DeaDTerra: All the coins are safe, it's not a bug nor a hack. More info will come on Sunday. Try to stay cool kids
copumpkin: asa1024: basically a single guy managed to destroy a major bank that had existed for a couple hundred years by lying about how much he was making them
mircea_popescu: BurtW not past what the pr girl has been saying on the forum, and i'm sure you've read and ignored.
rg: so are you admitting that you called the cops
copumpkin: usagi: don't panic, the records of what you own are still intact, I'm sure, and you can settle your ownership with the asset issuers
ErebusBat: mircea_popescu: I don't get the point of that thread. GLBSE closed down because of pressure from goat?
JWU_42: usagi: let's wait and see what happens here...
Doffx: What coins, if you have a bond and not btc your fucked when this is over
mircea_popescu: ErebusBat glbse was a scam platform. it closed down once it became unsustainable.
copumpkin: it'll be a pain in the ass, but many of the issuers will be able to move over to mpex, and issue you shares based on what nefario claims you own
Doffx: Massive sell off ck up coming if its back up Sat
ErebusBat: mircea_popescu: source? other than your opinion?
ErebusBat: usagi: did you already send your deposit?
JWU_42: I already got the Pirate reaming
mircea_popescu: o well. prepare for the fun of handling privately your investors.
JWU_42: yes - think so - but not 100% sure
ErebusBat: Did asset holders get any advance notice?
mircea_popescu: the ideea is you prepare for contingencies so you don't have to cuff it.
Luceo: usagi: Whats your plan if glbse comes back?
Luceo: usagi: Get everything off there onto something safe?
JWU_42: ErebusBat: I received no advance notice (no notice at all)
Bugpowder: copumpkin why would MPEX take GLBSE trash? makes no sense... cryptostocks maybe
smickles: lol, theymos knew nothing of this
jcpham: if no one was given any notice, it isn't good
smickles: mircea_popescu: i hadn't heard that they sold yet
mircea_popescu: jcpham why not ? after such a long run of being naive, why break it.
Bugpowder: herp derp I accidently tried to sell my shares at the worst possible time
mircea_popescu: taking a positive look on things, this chan passed 100 users now, so can't be all bad.
Doffx: Time to open free accounts for Mpex
smickles: Doffx: no, time for jurov|away's brokerage site to open up public
ErebusBat: AND your eyes can bleed while you use it
Doffx: Either way I will no longer participate in any exchange.
Doffx: I'm glad I removed all my BTC from Glbse
Doffx: Just wish I had time to dump all my shares
genjix: nefario is legit. for sure there is a reasonable explanation and everyone will get their bitcoins back. i trust the guy.
smickles: defactomacro: any other bitcoin related securites exchange?
smickles: there's a whole list in /topic
Doffx: The btc is only one part of the problem, the bigger problem is everyone is going to want out.
gribble: Nick 'genjix', with hostmask 'genjix!~genjix@188.165.73.224', is not identified.
Doffx: So if you own shares what happens.
ErebusBat: genjix: If ther eis govt intervention it doesn't matter one lick if nefario was legit or not
mircea_popescu: genjix aren't there some coins you folks stole with bitcoinica taht need to be dispensed ?
ErebusBat: Doffx: *if* it comes back online then it could be a massive opportunity
DeaDTerra: <genjix> nefario is legit. for sure there is a reasonable explanation and everyone will get their bitcoins back. i trust the guy. Seconed by me
mircea_popescu: DeaDTerra why do you insist in associating with well known scammers ?
smickles: mircea_popescu: guruvan "part of the bitcoinica, bitcoin consultancy, bitcoinica consultancy crew that has stolen a large amount of customer funds. Do not trust these guys - bitcoinica, intersango, consultancy, or any new project"
DeaDTerra: I just talked to James, the situation is critical but stable for now. All the coins are safe in the offline wallet. It was not a hack.
DeaDTerra: I am losing more respect for you each minute, so please shut up Mircea :)
PsychoticBoy: dont care about his wallet, most of my btc are stuck in assets, I want my asset money back if GLBSE does not come back
Doffx: I agree with PsychoticBoy, I dont have any BTC in there its the assets I'm more concerned with.
Uglux: DeaDTerra, and what is the situation? oO
teek: DeaDTerra: do you actually know the situation
teek: or were you just told "its critical but stable"
Luceo: Sunday? Not Saturday?
Luceo: Why is it taking so long?
teek: DeaDTerra: so then you don't know the situation
OneEyed: That's what is written on the site itself
jcpham: it's the people PsychoticBoy
jcpham: or the ideas produced by the people
Luceo: mircea_popescu: Could this shit happen to mpex?
jcpham: and even if it could why would he say yes
Luceo: As far as I know mpex is still centralized
Luceo: What happens to mpex if you disappear? No one can continue their assets?
mircea_popescu: 21. What happens if your domain(s) or server(s) are confiscated ?
mircea_popescu: In case the domain is confiscated or otherwise lost MPEx will move to a different domain, in a different jurisdiction. Should the same happen again, MPEx would move to what will at the time be a solid alternative for a free Internet, be it the TOR network, namecoin or some equivalent DNS or any comparable solution. No government will ever be able to stop the Internet, in general. We're prepared to show this in the particular.
mircea_popescu: Should the systems be confiscated or otherwise lost the service will failover to different systems, possibly on bulletproof hosting if need be. If sufficient pressure is put on this side MPEx will be recoded as a p2p system.
mircea_popescu: 22. Even so, how would the investors be affected in the event MPEx can no longer be continued ?
mircea_popescu: In the unlikely case that the continuation of MPEx becomes impossible, all issuers will be provided with lists of their shareholders. A successor system would have to be constructed (either centralized or maintained independently by the respective issuers), but no information is lost : since people can still sign with their keys, it is trivial for anyone who is in fact a shareholder to identify himself as shareholder. Just to be on
mircea_popescu: the safe side, a dump of all users' final STATs, encrypted with their keys and clearsigned by the exchange will be released before closing, in whatever manner will be deemed at that time efficient, as for instance on a p2p file sharing system.
Luceo: I'm starting to think the main 'safe' thing about mpex is that you're in Romania :P
mircea_popescu: no, the main safe thing about mpex is that i'm a hardass.
Luceo: And the big governments don't tend to get that far
PsychoticBoy: maybe Ill create my own stock exchange site, :D
assbot: [MPEX] [S.MPOE] 676 @ 0.00036748 = 0.2484 BTC [+]
Luceo: Maybe what we need is a decentralized exchange?
Luceo: So that if one important person or server gets v&, the exchange goes on
Luceo: I'm glad I pulled out of GLBSE when they started trying to go legal
smickles: Luceo: congratz on being the umteenth person to suggest and not yet impliment a decentralized bitcoin securities exchanges. next action, find Open Transactions
OneEyed: I pulled the last 100 BTC I had there during the last week
mircea_popescu: from the forums : "GLBSE has better assets and is free. I am now even less likely to sign up to you."
OneEyed: mircea_popescu: it started to smell very bad
Luceo: smickles: Looking for it
smickles: Luceo: OT seems like it could work, it just needs a bit more dev
Luceo: mircea_popescu: Konichua is very young, go easy on him :P
ErebusBat: <Luceo> I'm glad I pulled out of GLBSE when they started trying to go legal <--- that statement looks bad
Luceo: ErebusBat: Every Bitcoin business which has tried to go 'legit' has become worse
ErebusBat: ^^^ I don't nessecarily disagree, but taken out of context that is a very bad thing to have in a news clipping (or courtroom)
Luceo: Until the system recognizes and legislates around Bitcoin, any attempt to take Bitcoin businesses through regulation & registration is futile
mircea_popescu: moreover, the system will have to recode itself to fit with bitcoin
knotwork: Open Transactions does work, I have never used any financial system that was as good at actually keeping balances correct before
Luceo: Well sure, taken out of context it is
ErebusBat: "bitcoins are just for criminals… as soon as GLBSE tried to become legal alot of users jumped ship and here are some quotes….."
knotwork: having all balances have to be signed for seems to make it extremely robuts
ErebusBat: knotwork: what is OT actulally good for *today*?
pigeons: use knotwork's server and find out
mircea_popescu: ErebusBat i think there's some game servers using it already
Luceo: ErebusBat: I understand but let's just put that into context
Luceo: It's the legal system which makes it that way
knotwork: It works, you can transfer assets from user to user, you can put them on markets, you can withdraw blinded cash tokens
knotwork: you can do cheques and "cashiers cheques"
Luceo: If the legal system wasn't in the 1900s, and unable to work with Bitcoin, and with small financial services providers, then we wouldn't have these issues
knotwork: It could do with easier way to use Tor though, like actual proxy-port support
smickles: knotwork: so you're saying just the ui and tor interface need work?
knotwork: and of course it could do with prettier clients if it actually makes any sense to let grandma have a seat on a stock exchange
pigeons: smickles: yeah, ther eare some recent videos demonstarating
knotwork: grandma probably ought to just use videochat with her nice friendly broker though at $75/hour or whatever and let him/her deal with all the complicated stuff
jcpham: the term "going legal" implies complying with regulations
jcpham: based on the nature of bitcoin, regulations will make people jump ship
knotwork: smickles well it needs scaling up too
smickles: glbse would have to get a lot of info from its users to comply with us regs, and serve us users
pigeons: well to be fair, it wasn't the act of intending to comply with regulations that brought the regulators down on them
knotwork: right now we had to put a limit to the number of offers a nym can have open because nyms issuing 72 offers 3 times a day without clearing their inboxes were blowing out the inbox download timeouts
knotwork: so we put a limit of only 36 open offers per nym for now
smickles: knotwork: open offers, so that's like buy/sells?
knotwork: thing is there are so damn many markets the market-making scripts wanted to post shitloads of offers
smickles: kakobrekla: the first reply is golden
knotwork: I have scripts that take the computed value for an asset in terms of another and place offers to buy by the one at a time at 97% or by the ten at a time at 98% or by the 100-lot at 99% and to similarly sell at 103%, 102%, 101% stuff like that
knotwork: so thats six offers right there just to do one way round of one pair
knotwork: because of those scale factors it treats both ways round of a pair as distinct markets
smickles: interesting, i need to settle into my new place first tho :|
knotwork: so like at 100 scale, offering to sell 100 of A for x many B per 100 is separate market from offering to sell 100-lots of B for y many A per 100
knotwork: so tons of need for arbitrageurs
knotwork: even if they just buy 100-lots and sell in smaller lots or whatever
knotwork: or match up folk selling A for price in B with people selling B for price measured in A
smickles: knotwork: well, today may be a good day to attract more players
mircea_popescu: see Luceo ? you ask me to go easy on them cause they're young, they sprout dumbass shit cause... heck, why not. they;re young and everyone should go easy on them
Luceo: mircea_popescu: Hmm, you make a fair point
mircea_popescu: im not gonna be the first taking 15yo's to be thrown off rocks, but i can't deny sparta had a point somewhere in there.
knotwork: I am hoping OT will appeal to large players due to its lack of percentage-based trading fees
gribble: nefario was last seen in #bitcoin-assets 1 week, 2 days, 20 hours, 28 minutes, and 20 seconds ago: <nefario> Those assets are not listed or traded anymore
knotwork: doing everything in integers should also hopefully help encourage larger size trades
Bugpowder: LOL <mircea_popescu> mpex new acct fee is 30 btc now.
mircea_popescu: people that joined in time get an advantage over the ones that shittalked mpex back in the day cause "glbse is so much better"
mircea_popescu: it's how busienss works : back the wrong horse, bleed out of each limb.
Luceo: OpenTransactions says its centralized
smickles: is this where I brag about paying less fees to mpex than glbse
knotwork: Damn I didnt even turn on the usage tokens system yet in OT
pigeons: my mpex account was free, casue they used to be free
knotwork: oh thats right piegons rub it in why dont you
smickles: pigeons: you fucking early adopter
asa1024: damn and I was testing out coinbr.com
pigeons: knotwork: while it was free i tried to get you to join
ErebusBat: So I can't really use OT for anything today?
pigeons: ErebusBat: you can use OT for whatever you want today
ErebusBat: asa1024: dont forget that your eyes will bleed too… how can you put a price on that.
knotwork: ErebusBat sure you can, you just have to get it installed on your system
smickles: ErebusBat: you could setup proxy assets to glbse assets and make a killing
knotwork: ErebusBat you can use the scripting language or the java GUI client both work
ErebusBat: pigeons: rephrase: is anything else actually using OT today? Or is it still pretty much POC?
mircea_popescu: lol pigeons was mining back when cpu were the rage, too
pigeons: ErebusBat: knotwork has a server with btc, i0c,ixc, ltc, CDN, etc, a handful of other servers, i'm not sure which of them want to be announced yet
assbot: [MPEX] [S.MPOE] 66100 @ 0.00036628 = 24.2111 BTC [-]
ErebusBat: any guides on OT? Last I looked there really were not
knotwork: yeah Digitalis Data Services is my sole proprietorship, see WHOIS knotwork.com and WHOIS knotwork.net
knotwork: once there is some easy way to use it through Tor there are a few groups who want to have OT servers as Tor hidden services
smickles: pay me back first, but srsly, don't
knotwork: currently they make do with Truledger for that I think
pigeons: a couple truledger servers on tor are getting popular
smickles: go read the myth of sysiphus by Camus, usagi
pigeons: well, compared to a few months ago
knotwork: Truledger doesnt have markets though nor even escrow-type smart contracts to force trades to actually happen both ways
smickles: of all things, when I learned that guy died in a train crash, i laughed
knotwork: Truledger only does accounts. it does similar type of accounting where everything is signed though
knotwork: but no markets, no way to make sure guy sends you in return what he promised when you send him something
knotwork: I think people have been using it mostly just for their local trust group for doing accounting around their in and out to fiat stuff among people they know
pigeons: mostly gold i've seen with truledger
ErebusBat: Watching the OT vids: makes me thiink of bitcoin test net… at first you are like I HAVE 10,000 BTC!!!! then realize you cant actully do anything with them :(
knotwork: I dont touch fiat at all with my server, I only deal with game money like bitcoins and litecoins and ixcoins and all that play money stuff
jcpham: the myth of sisyphus is actually an old favorite
jcpham: there is much to learn there
jcpham: i was just saying how i wished reeses were here to troll this bitch up
jcpham: and look what happened
reeses: jcpham rubs my bottle and I come out
smickles: knotwork: well, i may not be too far off from helping out
asa1024: I wonder when the first murder over bit coin is gonna happen?
asa1024: the media will love that one "FIRST MURDER OVER A VIRTUAL CURRENCY!!!"
smickles: i don't think bitcoin is a virtual currency anyway
smickles: digitally signed record of ownership of digital record
smickles: i don't see anything virtual about that
mircea_popescu: if you can't kill your girlfriend with it, it's virtual. also known as rule of thumb.
smickles: data on harddrives has mass mircea_popescu
mircea_popescu: yes but the relationship between real data and the virtual coins is... virtual.
mircea_popescu: (the duck also weighs the same as a witch, which is virtual)
assbot: [MPEX] [S.BVPS] 550 @ 0.00347504 = 1.9113 BTC [+]
smickles: mircea_popescu: but it's the known claim to control of the virtual thing that has the value, so it's the data, not the thing itself
mircea_popescu: if safekeys were the token claims that'd make the content of the safe no less virtual by this working.
smickles: like thos boulders on that island at that time
smickles: "whith the thing in the place"
smickles: mircea_popescu: i don't think it was easter island
smickles: mircea_popescu: i would look it up, but curiously, all my networking died with the exception of irc
Doffx: DeaDTerra, can you buy all my GSDPT back from me at what I bought it at?
FledNanders: What's this about GLBSE going down? What will happen to all my BTC and PPT shares?
Doffx: That would be fine with me.
Doffx: I dont have an Mpex account however, mircea_popescu said I wasn’t worthy.
mircea_popescu: Doffx so have an in-kind transfer to some broker or w/e
Bugpowder: Doffx I will sell the for you for 10% cut
mircea_popescu: once glbbq comes basck online, you get your coupons, you redeem them etc
Doffx: Well first I need to be able to access my Glbse account to give him the totals.
FledNanders: milk isn't a scammer. milk does the body good.
Doffx: Well I guess its a good thing I mostly own that asset
Doffx: Ok cool, If Sat Glbse is back ill ping you.
smickles: Doffx: if you have shares of gsdpt (or whatev) you could give DeaDTerra a signed doc that says you'll give X shares to him as soon as is possible
smickles: that way, you could sell today
smickles: for that matter, you could probably do that with anyone, not just DT
Anduck: glbse down got something to do with pirate?
Doffx: I dont know how many I have exactly is the problem haha
smickles: Doffx: you could just do it wiht an amount you are comfortable with
Doffx: I want to sell them all, and move on.
Anduck: it was a major source of pirates bonds
smickles: if it ends up being more than you actually had, you just take responsibility for the difference
Anduck: if SEC is investigating, glbse might been shut down cuz of it
FledNanders: GLBSE should be migrated to a .bit site. Should have been migrated a long time ago.
Doffx: I may do that tonight then smickles, my gpg keys are on another pc.
Doffx: I really need to export them to this pc.
pigeons: um pirate is one of the reasons there the legal folks are interested in glbse
pigeons: mircea_popescu: one line in your resolv.conf
Diablo-D3: I think Im just going to officially announce the end of DMC
mircea_popescu: FledNanders you seriously are making that distinction with glbbq "investors" ?
pigeons: DeaDTerra: how about the fucking SEC they said they are
FledNanders: DeaDTerra: Nefario confirmed it on the forum somewhere.
pigeons: i proved it to myself, why should i prove it to you
FledNanders: SEC contacted Nefario. I'm confident that is a fact.
Diablo-D3: DeaDTerra: you know what I want to know? I got trolls, you didnt
pigeons: i don't want it to be true, but it is
Diablo-D3: DeaDTerra: but we both got fucked the same way
pigeons: mircea_popescu: this in your resolve.conf and you're done: search namecoin-suffix.dot-bit.org
Diablo-D3: all the forum trolls jumped on the nefario train and trolled the fact DMC lost money because of nefario's bullshit
mircea_popescu: pigeons you realise most people on glbbq can't do gpg --clearsign, right ? the fuck they know how to find resolve.conf
pigeons: find / -name "resolv.conf" ;)
mircea_popescu: except i dunno, does the syntax even work in hosts.txt ?
Diablo-D3: mircea_popescu: if you're manually setting shit? yes
Diablo-D3: if you want to change DNS, you have to use the gui
mircea_popescu: but on a serious note pigeons, this is very useful info.
Diablo-D3: pigeons: you missed the point of my comment
Diablo-D3: Ive written enough of them manually
mircea_popescu: so far in spite of what the scammer group claims there's not been any actual pressure from the agencies on this, but should it come to it, making the site .bit is trivial.
FledNanders: mircea_popescu - you plan to wait to be contacted to move to .bit?
mircea_popescu: FledNanders why am i paying all these lawyers for then ?
smickles: mircea_popescu: is one of the best dressed men i know of
FledNanders: make sure to tell dreadpirateroberts to just go ahead and put silk road on a .com and hire your legal team.
FledNanders: i'm sure that's the smart thing to do, right?
rg: when you get a chance, send me that div money
assbot: [MPEX] [S.MPOE] 21100 @ 0.00036412 = 7.6829 BTC [-]
rg: i did a withdrw, i tin i did t properly
rg: this FUCKKING KEYBOARD
hctib: does anyone have any word about GLBSE?
rg: makes me look like a retard always dropping keystrokes
hctib: really mircea_popescu , I just checked
rg: theres new info on it
jcpham: i want a few thousand mg's of caffeine for lunch
vampireb: so anyone knows what happened to glbse?
FledNanders: vampireb - Nefario is updating to GLBSE 3.0 and adding a claim codes section to relclaim Goat assets.
hctib: mircea_popescu: I see not much information on the site.
hctib: maybe he went over his bandwidth?
FledNanders: GLBSE 3.0 = Options trading, leverage trading, partial share trades, code claiming, new charts, new server, etc...
Diablo-D3: jcpham: I wouldnt want the position anyhow
jcpham: that makes you the perfect candidate
mircea_popescu: FledNanders will it actually take < 5seconds per page load ?
FledNanders: mircea_popescu - supposedly it will be "lightning fast"
hctib: FledNanders: that still doesn't explain two days of down time with no notice.
FledNanders: He didn't comment on that.... But I assume he wants to chase away the bad seeds.
FledNanders: Had to take the site down to migrate systems/servers and test things.
FledNanders: Most likely it won't come back up on Saturday, but Monday after a weekend of bug fixing.
FledNanders: He will be contacting people soon regarding bug testers.
FledNanders: At least that is what the guy who I presumed to be Nefario said when I called the number listed on the whois.
FledNanders: rg - quite possible. i had never spoken to Nefario before.
hctib: And if you do a good job running scams there's always the ..... government. duh duh duh
mircea_popescu: FledNanders he sorta sounds like a 50 yo lesbian on her last period.
hctib: And if you do a good job avoiding scams there's always the ..... government. duh duh duh
geod: ;;rate arij 1 sold btc for ppusd. fast transaction
gribble: Rating entry successful. Your rating of 1 for user arij has been recorded.
FledNanders: mircea_popescu - i can't say i know what that sounds like
mircea_popescu: omg somebody used bitcoin-assets for bitcoin business ?
FledNanders: "he" sounded to me like a very professional young asian man.
FledNanders: but that might just be assumption and racist
FledNanders: k3t3r - it is tough to say for sure. it is possible but he sounded more asian...
FledNanders: maybe he was just exhausted and sick of his phone blowing up
FledNanders: we talked to 3 minutes and he basically just rattled off glbse 3.0 upgrade features and said he is busy fixing bugs to try and get it up before Monday.
FledNanders: he could have been in a panic that his number was published or just trying to throw people off
FledNanders: weird he would give info out over the phone but not on the site
FledNanders: anyway you know what i know. good luck to us all. i've got a couple grand i would like to see again.
FledNanders: DeaDTerra - did he mention GLBSE 3.0 to you?
FledNanders: smickles - do your research, it is available online
FledNanders: I called about 25 minutes ago - when did you call?
jcpham: i'll ignore all this tomorrow when I'm off work
smickles: flednanders, well I already had his number from when he called me months ago
assbot: [MPEX] [S.MPOE] 34200 @ 0.00036412 = 12.4529 BTC [-]
mircea_popescu: smickles different name from same ip was in yest trying to troll s.dice
hctib: how does one troll s.dice?
matthewh3: I know Nafario, I've met him, have him on my Facebook and have his phone number but I'm not calling him yet. As I imagine he is very busy and answering lots of calls. I have sent him a message on Facebook tho.
boonies4u: so did anyone see anything stranger before the current page went up?
asa1024: I still have a page up from there
boonies4u: what is that people are thinking he did?
boonies4u: that is making you say that you trust him?
Bugpowder: [11:36] <usagi> I have been speaking to nefario privately for weeks [11:36] <usagi> WEEKS [11:37] <usagi> Lol [11:37] <mircea_popescu> ahahaha kakobrekla [11:37] <usagi> I have access to the Bitcoin Global website where all the finalcials and minutes are published [11:37] <usagi> I am not going to reveal anything supersecret but [11:37] <usagi> Nefario is fucked [11:37] <usagi> GLBSE is illegal
Bugpowder: [12:03] <usagi> I am sad. :( [12:03] <usagi> Someone help me please. I'm crying. [12:03] <usagi> I am sorry. [12:03] <usagi> I am sorry.
boonies4u: if that's legit, usagi sold him down the river
boonies4u: only reason someone would say i'm sorry that many times
matthewh3: even if GLBSE was forced to shut down there are multiple copies of the database and it wouldn't take long until it surfaced on I2p or Tor networks in full with all history, accounts and coin.
JWU_42: what is up with usagi ?
Bugpowder: how does that work for monitizing the assets
Bugpowder: God this is the best thing that could have possibly happened to Kludge
imsaguy2: the multiple copies of the db has been proven?
gribble: Nick 'Doffx', with hostmask 'Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net', is identified as user Doffx, with GPG key id DE23494FA64F5DA1, key fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address None
Doffx: I need to add a bitcoin address I spose
Bugpowder: His girlfriend might one day become is wife now
Doffx: Hmm, how do you add a bitcoin address anyhow, I dont see it in the guide.
boonies4u: sounds like i'm gonna have to buy a FPGA
boonies4u: I was going to be activating it, and sending a good amount of funds to GLBSE
boonies4u: I can't really take YOUR word on that mircea_popescu
gribble: Nick 'Doffx', with hostmask 'Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net', is identified as user Doffx, with GPG key id DE23494FA64F5DA1, key fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address None
mircea_popescu: course, it was saturday ~4 hours ago and sunday ~2 hours ago, so maybe it's monay on the newyear's eve
assbot: [MPEX] [S.MPOE] 400 @ 0.00036272 = 0.1451 BTC [-]
mircea_popescu: boonies4u originally site was going to be back saturday.
boonies4u: mircea_popescu: oh? well, i'll be waiting for update on saturday
hctib: It says that there will be an update on Saturday.
mircea_popescu: Oct 04 18:38:35 <DeaDTerra> I got a answer from Nefario. He can't comment on the downtime until Sunday.
Luceo: Does no one ever get bored of people not being able to comment?
Luceo: Why cant people just be honest? :(
hctib: bored no. annoyed maybe
mircea_popescu: Luceo because when people ARE honest various idiot forumdwellers bitch whine and moan.
Diablo-D3: nefario ran away with all the money
Luceo: mircea_popescu: Fuck the forum dwellers, I'd rather hear the truth
mircea_popescu: heck, the pr girl even got a signed document to that effect.
gribble: Nick 'Doffx', with hostmask 'Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net', is identified as user Doffx, with GPG key id DE23494FA64F5DA1, key fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address 1Q9FavHENPK7sATGm8ebthxG9EhQmaamw2
Doffx: Yay, sorry for the spam.
Doffx: Its really me mircea_popescu!
asa1024: congrats Doffx - you got it!
Luceo: Not too keen on the 30 BTC fee for mpex :/
Luceo: Will make the market less liquid
Diablo-D3: mircea_popescu: the big irony is, I just announced officially Im shutting DMC down due to nefario's incompetence
Luceo: Would have thought you'd want to seize the fallout from GLBSE
asa1024: mircea_popescu: would the fee also include current beta testers of coinbr.com?
Luceo: asa1024: afaik coinbr users just use the coinbr account so they dont pay mpex fees
Luceo: But its higher trading fees
mircea_popescu: asa1024 coinbr has its own account, you don't pay me fees.
rg: what ever happened to that raffle
Luceo: mircea_popescu: The reason I dont like the reg fee at mpex is that you keep all the idiots out so I cant just exploit them for easy btc :(
Luceo: rg: It's still going
mircea_popescu: Luceo these exploits tend to end up blowing in your face
rg: how many tickets left
mircea_popescu: take BTC-Mining as a fine example. he thinks he;'s been exploiting idiots
mircea_popescu: except... if he gets nothing back off glbse now, is he actually a winner here ? or a net loser ?
Diablo-D3: I guess if nefario destroyed GLBSE, it makes shutting DMC down easier =/
mircea_popescu: trying to invest in the sense of "exploting idiots" never works aout, it's pretty much the same thing as trying to time a ponzi.
rg: stop saying shit like that
rg: [14:34] <Diablo-D3> I guess if nefario destroyed GLBSE, it makes shutting DMC down easier =/
rg: theres no reason to think GLBSE is destroyed for any reason
Diablo-D3: yeah well, I have trouble giving a shit anymore
Diablo-D3: you're subscribed to the dmc thread, right?
rg: i am proud to say i am not subscribed to ANY threads
assbot: [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.00325001 / 0.00337508 / 0.0034 (1794402 shares, 6,056.27 BTC)
BTC-Mining: mircea, what? How am I exploiting anyone?
BTC-Mining: so... trading on the market is explotation now? =P
Luceo: BTC-Mining: Exploitation isn't always bad, if people are willing to price badly you may as well exploit that
mircea_popescu: dude, he said he doesn't like mpex cause there's no idiots to exploit
mircea_popescu: i pointed out that places built on idiots eventually collapse.
BTC-Mining: I'm pretty sure I never used that term.
mircea_popescu: leaving aside the fact that i never heard of a place with no idiots.
assbot: [MPEX] [S.MPOE] 6221 @ 0.00036272 = 2.2565 BTC [-]
mircea_popescu: "I am so sorry.. wtf.... glbse shut down.... i have been talking about this for days.. my life ssvings is gone,,,"
mircea_popescu: Look guys I am asorrt...l I am druni now.... its not my fault.. I will gibe you my work money. My wife wil kil me.. I mk sorry I am sorry.. I am sorry..///
Luceo: mircea_popescu: No, I was sarcastically remarking that the fee tends to keep out the sunday traders
mircea_popescu: are we going to go into a politically corect spiral nao ?
Luceo: I actually like mpex but the fee does keep out a lot of the smaller traders which can hurt liquidity in such a small market
mircea_popescu: Luceo you oddly forget liquidity is what, 10x what glbse was at peak ?
pigeons: rg are you trolling or you really think there is no reason to think glbse is toast?
MoneyIsDebt: And it was just yesterday I moved all my funds out
rg: pigeons: serious as cancer
rg: im thinking he tried to integrate some new shit
SlipFaunders: Are DeaDTerra and I really the only ones that reached out to Nefario?
rg: to curb the bitching/moaning on IRC/forum
rg: and found terrible bugs
rg: too terrible to continue running
mircea_popescu: seeing how it has terrible bugs, too terrible to continue
rg: he has a new vesrion of the site
mircea_popescu: right. why trust a. he found them all b. he can fix them ?
rg: the current site was obsoleted anyway
rg: no one finds ALL the bugs
mircea_popescu: make new one, fill it with scams, take his cut (refuse/delist those who don't give cut)
pigeons: the new version was to remove security and make it more accessible
rg: glbse has obviously been deeply affected by 9/11
BTC-Mining: Gets everyone together... to still be crazy?
rg: i just say 9/11 all the time
rg: 'dude why did you do that james?'
pigeons: or else the terrorists win
rg: people were so dumb about 9/11
BTC-Mining: I remember in Family Guy when Lois ran for mayor. Actual speeches left people there not impressed. She said 9/11. The crowd went crazy cheering. So her speech afterward were just repeating "9/11" over and over. Kept the crowd happy.
rg: a friend of mine still thinks 9/11 should be a national holiday
rg: i cant believ ethat show is still on
rg: its not been good since it got canceled
pigeons: it was never good, they just tell 1000 jokes and everyone will laugh at a different 3 of them
rg: they pioneered that type of 'comedy'
rg: even the simpsons copied them for a while
rg: now the simpsons is back to just plain sucking
BTC-Mining: No problem Ignatius. Just trying to keep what's known/claimed posted somewhere instead of people having to scour the forum. It's really a mess.
kakobrekla: copied by using 9/11 to get ratings up?
rg: [james@elephant The.Simpsons]$ ls
rg: MISC Season.07 Season.08 Season.11 Season.12 Season.13
rg: season 9 is good too but ive seen iit 8000 times
rg: that's why i dont have it
jcpham: i'm calling universal studios
rg: Mr X. , When they go to Japan
rg: that sthe tomacco episode
jcpham: i haven't seen the simpsons since family guy
BTC-Mining: There's really not much to go on about.
rg: Grift Of The Magi, Bart To The Future, ake My Wife Sleaze
BTC-Mining: I have only seen the first seasons actually...
jcpham: but what is the reward other than some vague social context to discuss an obscure cartoon show
rg: simpsons is not obscure
rg: maybe in vietnam, where you're from
jcpham: i called it obscure and i meant it
jcpham: network television, fox?
jcpham: fail people watch network tv
rg: i actually watch our local fox affiliates news program
rg: and sometimes they have musical artists
jcpham: cartoon network should pick it up
jcpham: i wonder why they haven't
rg: ha ha i just dropped jcpham's dox
jcpham: anyways maybe i should watch the simpsons
jcpham: but it really needs to be syndicated more
rg: at either 6, 630, 7 or 730
dub: <nefario> im building the future of bitcoin lol
dub: no, a nefario quote would have at least 17 'like's in it
rg: dont use his shit if you dont like it
dub: as soon as we can extract our coins
assbot: [MPEX] [S.MPOE] 1100 @ 0.00036477 = 0.4012 BTC [+]
assbot: [MPEX] [S.MPOE] 20500 @ 0.00036618 = 7.5067 BTC [+]
assbot: [MPEX] [S.MPOE] 6200 @ 0.00036748 = 2.2784 BTC [+]
jcpham: oh a mad dash to crash the market will work
mircea_popescu: rg actually... they can't use it even if they like it.
rg: mircea_popescu: you're just mad cause no matter how much glbse fucks up
rg: people *still* dont want to use mpex
jcpham: i need mpex to be point and click friendly
rg: its like 3 words friendly
rg: you can do anything on mpex with 1 command
dub: I only have one hand free
dub: how am I supposed to gpg with one hand
rg: typing is faster than clicking
jcpham: ok so tablets are pointless
jcpham: let's take 25 years back in ui design
dub: I might have been raxxed
rg: i dont like the bad karma in here
rg: its bumming out my high
rg: lets all figure out a movie that rg hasnt seen
jcpham: the brokerage can be point and click
rg: you know ive not yet seen wall st
rg: that mightve been a good suggestion
mod6: the new one was meh, ok.
jcpham: now we have a service economy based on an exchange
rg: if it was higher than a 5.5 on imdb
dub: theres a new swap.avi?
rg: that's cuttin it pretty close
jcpham: anyways i'm just trolling
jcpham: i never bothered to read the instructions
mod6: rg: ahh, yeah, it wasnt nearly as good as the original. :/
jcpham: i wish i would have now though
mod6: you should have jcpham
mircea_popescu: cost you what, like 500 bux ? not the end of the world.
jcpham: i regret not diversify in your exchange
jcpham: it's really a matter of laziness
jcpham: 20 30 btc whatever it is
rg: coinbr looks pretty cool
rg: im glad someone finally fuckin did it
dub: swap.avi looks pretty cool too
Luceo: mircea_popescu: Some day that 50 BTC will be $50k :(
jcpham: the idea is sound really
Luceo: $500k to join an exchange? :P
dub: three chicks take turns eating each others dookie, vomiting it back out into their open assholes, then eating it again
jcpham: name a place where it is free to trade securities
BTC-Mining: Well... I'm sure a chair at any stock market is very costly...
BTC-Mining: That's why most go through brokers conntected the system doing electronic transactions.
mircea_popescu: "I've reviewed your posts, you are definitely not worth doing business with , but carry on. Iggy button on."
mircea_popescu: the only one thing i regret is that this btc being anon
Luceo: jcpham: cryptostocks :P
jcpham: is that the distributed thing
Luceo: Its Vircurex's one
BTC-Mining: It's your PR person mircea. People hate it. It's a troll.
jcpham: i'm sorry i'm thinging of the bond thing
jcpham: let's talk about that since you are here
mircea_popescu: BTC-Mining ya well, i'm really sorry I can't practically go "o, you're that cocky bullshitter talking back to my pr ? Fuck you, apologize, pay double or get lost".
sgornick: > jcpham: i'm sorry i'm thinging of the bond thing
sgornick: > let's talk about that since you are here
mircea_popescu: bitcoin is too full of people with absurd ideas about themselves.
sgornick: jcpham: Is that directed to me?
BTC-Mining: I think people are not fan of your bully like talk either Mircea =P
sgornick: Oh .. .ha .. that has happened like half a dozen times now.
mircea_popescu: sad fact of the matter is, things don't work w/o someone laying down the book ocasionally.
BTC-Mining: You don't attract investors by giving a 360 degrees "FUCK YOU! TOLD YOU SO!" all around all the time.
mircea_popescu: "hey, this guy is doing everything wrong and comes up on top all the time... hmm.. maybe I AM WRONG ?!?!"
BTC-Mining: I think it's more about people who can go over the talk and the fee because of the great issues on MPEx than anything else.
mircea_popescu: really, it's about the following fact : vapid idiots aren't investors. investors that are investors follow principles.
pigeons: but i wanna be an investor!
mircea_popescu: you don't close a contract by offering people free bonbons unless you're selling cheap shoes for the mass market.
teek: quite a shit pile we have turned this into guys
teek: and by we i mean - not me
teek: some of the others, wow.
BTC-Mining: I still believe you're hurting yourself. Attacking everything else without actually promoting yourself?
BTC-Mining: Not very professional. That PR person should defend MPEx when attacked and give info and answers about it.
BTC-Mining: Not attack others, if others are bad, real investors will come to the right place.
mircea_popescu: BTC-Mining mpex owns a market. some idiots keep insisting in diluting that market with obvious scams. it's her job to point this out.
mircea_popescu: and otherwise, mpex has supported (incl with donations) all sorts of beneficial people and initiatives.
BTC-Mining: If real investors needs to have the scams pointed out, then they're not really investors...
mircea_popescu: it's just a matter of, the bad guys have a little cartel going and they're defending each other with empty words.
assbot: [MPEX] [S.MPOE] 15048 @ 0.00036366 = 5.4724 BTC [-]
dub: I support the bad guy cartel theory
dub: think of intersango, nefario, theymos.. all in the same place, know each other irl, all shady as fuck like some gang of limey grifters
boonies4u: is that where the fee to join mpex goes?
boonies4u: to fighting the evil scammer cartels?
boonies4u: I didn't know how much of mpex was traded
mircea_popescu: mm, you know it's reported monthly, there's a thread in btctalk
boonies4u: you just think 30 btc would go to more than just bills and dividends
assbot: [MPEX] [S.MPOE] 32952 @ 0.00036366 = 11.9833 BTC [-]
assbot: [MPEX] [S.MPOE] 10648 @ 0.00036461 = 3.8824 BTC [+]
pigeons: thre goes mircea_popescu trading with himself again. except when he wears that black dress he actually thinks he's trading with someone else
BTC-Mining: I trade on MPEx, pretty sure all trades are legit.
BTC-Mining: Even if I don't like MP or his PR person's ways personally.
BTC-Mining: The exchange is fine as far as I'm concerned.
BTC-Mining: Yes, I keep saying this MPOE-PR keeps giving a bad name to his fine exchange.
rg: i was just saying hai
assbot: [MPEX] [S.MPOE] 9500 @ 0.00036361 = 3.4543 BTC [-]
assbot: [MPEX] [S.MPOE] 18800 @ 0.00036361 = 6.8359 BTC [-]
dakid: so the elephant in the room.... GLBSE.... if it is required to shut down by the FSA, what happens to the shares of legitimate mining coop's?
assbot: [MPEX] [F.GIGA.ETF] 1500 @ 0.00039785 = 0.5968 BTC [+]
jurov: oh, one day away and all hell breaks loose...
dakid: copumpkin: accredited? I had a few shares spread around, nothing huge though
dakid: jurov: one day away from what?
jurov: from irc and btctalk
copumpkin: dakid: US issuers aren't supposed to be able to solicit investment from anyone but accredited investors, and accredited means you have a lot of money or make a lot of money :)
copumpkin: so a lot of what you thought were legit shares might not be, if they were issued by people in the US
copumpkin: and I think other countries have similar laws
copumpkin: it's the reason most people can't invest in a hedge fund
dakid: ah, actually i would probably qualify
dakid: after reading the qualifications
copumpkin: if they're making public offerings, they need to follow regulations, and if not, they need to be talking only to accredited investors
copumpkin: and I'm guessing that most bitcoiners don't qualify :)
dakid: i never thought glbse was a 100% legal, i just assumed it was in the grey area of the law or was based out of a place without such regulations
PeanutPower: when you invest neopoints on the neopets site do you need to be an accredited investor ?
GoonyGooGoo: Perhaps we need to lauch our BTC securities on neopets.com
dakid: GoonyGooGoo: hahaha, then they'll come after the evil bitcoiners for taking advantage of little kids
PeanutPower: i think most people don't consider btc a genuine currency if you read the popular press
dakid: i wonder if anyones tried twittering/calling the FSA and asking about GLBSE
PeanutPower: i bet they wouldn't recognise it as a real entity
rg: i would not recommend that
rg: that's like calling the cops and asking them if they know about a crack house
Doffx: He looks like the type of guy that would hang out with mircea_popescu
rg: what's that supposed to mean
rg: you are making fun of two of my friends
dakid: rg: the SEC/FSA already knows about that crack house
rg: dakid: can you do me a favor?
Doffx: I'm not sure where I said anything bad about them.
rg: WAKE ME UP, BEFORE YOU GO GO DONT LEAVE ME HANGIN ON LIKE A YO YO
rg: and take me dancin tonight
rg: i wanna hit that hiiiiiiiiiiiiiiiiiiiiiiiiiiiighh yea yea yea
rg: you put the boom boom into my brain
rg: and i bang bang bang do whatever the same
rg: jitterbug into my brain
assbot: [MPEX] [F.GIGA.ETF] 500 @ 0.00039785 = 0.1989 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 2600 @ 0.00039785 = 1.0344 BTC [+]
Ignatius-otc: looks like all of you are screwed...but *I've* got claim codes
dakid: excuse me, i think some one sat on their drum machine :-P
Ignatius-otc: that track is win around the 2:00 mark "ladies and gentlemen its time for us to present to you something strong"
dub: PsychoticBoy: jesus man, that brings back some memories
rg: i am calling you from windows
dub: yeah that shit is OLD
Ignatius-otc: I have never gotten such a call...I will prepare a win virtual machine full of scat porn for the occasion
rg: if they worked on their script
rg: i bet they wouldve been way more successful
assbot: [MPEX] [S.MPOE] 31442 @ 0.00036361 = 11.4326 BTC [-]
RogueAI: no ops in #glbse, that's a bit ominous
RogueAI: even given the website text? usually there is at least one op idling in that channel (at least there used to be)
dub: nefario is busy being waterboarded, he'll get back to you shortly
dub: this is why glbse is down www.youtube.com/watch?v=qgmgsLe0xrM
jurov: Looks like it is necessary to assure everyone that the 30BTC fee for new MPEx accounts has no effect on coinbr users, current or future ones.
drekk: TIL: "cockjuggling thundercunts" -- i'll just leave this here
assbot: [MPEX] [F.GIGA.ETF] 4100 @ 0.00039785 = 1.6312 BTC [+]
assbot: [MPEX] [S.MPOE] 51400 @ 0.00036123 = 18.5672 BTC [-]
dentldir: ;;gpg everify freenode:#bitcoin-otc:84819f22d43470d2f5dd03bd1b9fc0e8c6a30a89b4bdf1d8cca501f7
gribble: Error: In order to authenticate, you must be present in one of the following channels: #bitcoin-otc;#bitcoin-otc-foyer;#bitcoin-otc-ru;#bitcoin-otc-eu
drekk: did the closedown of glbse have any significant impact on mpex trading volume (yet)?
dub: [18:42] --- farts_to_much [~james@94.197.127.235.threembb.co.uk] has joined #bitcoin-assets
BTC-Mining: Not authed, not using nefario's registered nick
BTC-Mining: Just coming from the same ISP as Nefario
dub: yeah, im sure its a coincidence
drekk: Smoovious, last time i checked that was just one of many rumors being spread
RogueAI: you think if it was an update or move they could just say so
drekk: i replace "closedown" with "downtime" in my question
BTC-Mining: Not a coincidence. Just someone also in the UK trying to pass as nefario. Or he just forgot to obfuscate that before coming here to see how people were going.
RogueAI: Smoovius: "We are updating" "We are moving servers" How hard is that to type?
noagendamarket: the fact hes not in contact with the other major shareholders isnt good.
drekk: but it has implications. bitches love implications
dub: I assume he's in contact with some people
RogueAI: well it means they are almost braindead when it comes to writing temporary placeholder text
dub: -NickServ(NickServ@services.)- Last seen : Oct 04 15:19:01 2012 (7 hours, 31 minutes, 57 seconds ago)
RogueAI: which just doesn't match up with their ability to use a computer
BTC-Mining: As far as I know, nefario already has a place to live.
RogueAI: sure, but I don't think "they are massively incompetent" is much better reasoning than any other
dub: well we already know that
dub: just look at the website
drekk: Smoovious, well... so did you presenting the "moving servers" theory as a fact :P
assbot: [MPEX] [F.GIGA.ETF] 2500 @ 0.00039785 = 0.9946 BTC [+]
drekk: then phrase it that way or add to the FUD
drekk: ok. not gonna argue over that
noagendamarket: I dont think nefario is dishonest in any way. Just poor decision making.
BTC-Mining: Like I told him once, I believe he is a great developer, but decision wise, he's not good at PR.
BTC-Mining: I say the same about Mircea or Diablo-D3.
drekk: seems to be the prob with most assets i've seen on the forum: lack of communication skills
BTC-Mining: In the meanwhile... let's wait for Saturday.
BTC-Mining: Lack of communication? I've seen tons of deposit takers dismissing legit questions as trolls and critics as trolls. Even completly valid points. If they were trolls, well they succeeded, you couldn't even counter-argue.
drekk: lack of communicatiom *skills*. quantity != quality
BTC-Mining: Answer everything until people can only come up with statements so crazy it would make them look bad to bring them forward. You'd often realize "trolls" were actually more the paranoid type than trolls and eventually are satisfied.
drekk: depends on your ressources. and quality of the trolls. if you find yourself answering questions all day instead of doing business, you've got a problem
BTC-Mining: Aye, but the thing is, those who took the time to make everything clear and answer everything promptly pretty much don't have those "trolls" in their threads, oddly.
drekk: might be, i don't think the amount of trolls in a thread is a good indicator, tho. especially with usagi it looks to me as if personal/emotional reason were involved
BTC-Mining: I think it's mostly people invested in his funds and not happy about the fact usagi chose some investments which were losing investments.
BTC-Mining: I never created a fund for that reason.
BTC-Mining: You get 5%-10% of the 1-2% investments get weekly (For 1000 BTC, that's around $5-20 per week)
BTC-Mining: Do you really have any incentive to be there most of the day to manage and quickly move positions?
BTC-Mining: Most funds were lower than that, around 200-500 BTC tho.
BTC-Mining: And a single big loss impacts everyone to top it.
BTC-Mining: Managing a fund seems like the worst idea you could make.
drekk: with btc under current conditions? definitely
drekk: otherwise it sounds like a fun hobby if you have the time at your hands
dakid: how long does it take to get verified these days on mtgox? anyone know
BTC-Mining: Paid far less in interests than any funds/securities.
BTC-Mining: Keep most profits for myself where I can make some.
drekk: if you're looking for interests, then of course. dividends != interests. ppl often confuse them
assbot: [MPEX] [F.GIGA.ETF] 2000 @ 0.00039786 = 0.7957 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 300 @ 0.00039786 = 0.1194 BTC [+]
BTC-Mining: Yes, exactly. I was offering 0.5% in interests paid weekly.
BTC-Mining: 26% per year, semi-high credit card rate.
boonies4u: BTC-Mining: I put up a loan on btcjam, still being funded
boonies4u: I'm glad I didn't do a LTO or fund on GLBSE
boonies4u: anything worth noting on ltc-global?
boonies4u: i haven't bought/invested litecoins yet
drekk: i've "invested" 3 coins in pyramining (read: i was drunk). break-even in 13 months. yea. sure. call me maybe
noagendamarket: for one thing you can buy shares in the exchange itself lol
noagendamarket: bitcoin investing is closely related to flushung the toilet
noagendamarket: or sitting on top of a skyscraper and thrpowing $5 notes off it
BTC-Mining: Eh, I had ~18000 USD in assets on GLBSE + 3460 USD loaned through BTC-BOND + ~20000 USD through BTC-MINING
boonies4u: noagendamarket: you can make money investing bitcoins
drekk: i think mpex is actually pretty interesting. i dont care about the domain, porn and alleged child pr0n. but the fee spoils it for me atm
BTC-Mining: Considering I started with 7000 USD/900 BTC and ended up with 18000 USD/1500 BTC in value, I'd say trading was good until GLBSE went offline.
boonies4u: I hope it comes back online... or i'm gonna have to buy an FPGA
BTC-Mining: 3460 USD loaned through BTC-BOND + ~20000 USD through BTC-MINING I'll need the list of holders to return anything back.
boonies4u: I only have a few bonds lying around
BTC-Mining: The problem is that 20000 USD + about ~10000 USD of my 18k was in BTC-MINING
BTC-Mining: and Amazingrando from Bitbond has those funds loaned to.
BTC-Mining: He can return them, but without a list of BTC-MINING holders, I cannot return anything.
boonies4u: hopefully nefario doesn't kill himself or vanish
drekk: why seems everybody to be so anti-cryptostocks? besides the fact i've only found two assets that i'd out money in
noagendamarket: Its funny that BTC-Mining had value because it didnt actually own hardware yet lol
BTC-Mining: It had a loan with one of the large serious miner, with an agreement for that hashing paying the dividends to be repurchased back at 100%
BTC-Mining: So we were making money while accumulating funds for FPGA/ASICs
BTC-Mining: Without ever actually spending on equipment before seeing it working.
BTC-Mining: It was the largest pool of funds for the large ASIC rigs.
boonies4u: nefario could turn back around and damage control could go quite smoothly
BTC-Mining: So far I'm confident GLBSE will come back or a list of holders will be released.
drekk: boonies4u, stop being rational and spread more FUD! ;)
BTC-Mining: eh, if GLBSE come back and everyone panic sells...
boonies4u: drekk: where's mpex and realsolid?
BTC-Mining: I think I'll own a large portion of every assets.
RogueAI: if it's a list, it needs to be a signed list of bitcoin addresses linked to holdings
RogueAI: BTC address or jump off a bridge
RogueAI: so if any scammers or trolls confront, you can link to the transactions
BTC-Mining: Nefario should provide a way to submit a BTC address to be given to OPs
RogueAI: with the signed document as source
BTC-Mining: Then we can claim/transact with the OP through signing with said BTC address/receiving payments there.
boonies4u: here's to hoping glbse comes back up
RogueAI: with a decent PR person ;p
RogueAI: he should write a book to fund the PR position
RogueAI: "How to ruin a business in minutes"
boonies4u: I've only heard 2nd hand snippets from usagi
RogueAI: delisted something in a terrible fashion
RogueAI: then took the site down with this as the lead sentence on the parked page "For those worried about their bitcoin, please calm yourselves there has been no hack and your coins are safe and all accounted for."
RogueAI: Don't worry I didn't pull a bitcoinic@40 guys ROFLMAO
RogueAI: I bet that makes you guys feel all warm and fuzzy, I R GR8 @ PR
RogueAI: noagendamarket, the scary thing is that Nefario has used better systems in the past. So it appears from the outside that he was looking to hose over Goat.
boonies4u: so he delisted goat and shut down the site?
boonies4u: sounds silly, not necessarily damaging
RogueAI: there was time between the two actions
BTC-Mining: The thing with GLBSE compared to trading platforms is that most put funds, buy some stocks, and the ops spends it outside GLBSE.
BTC-Mining: So there's far from the whole assets' value at any time in GLBSE's wallet.
BTC-Mining: I hardly see it profitable to just steal that even if it's a good few thousands BTC over going long term with GLBSE seriously.
boonies4u: ok, so no one knows why the page was put up?
RogueAI: that's to be expected, on a USD exchange the exchange doesn't horde the funds
BTC-Mining: You would have to be a very lousy and lazy thief to go away with just GLBSE's wallet.
RogueAI: there has been no official reasoning, just that park page. boonies4u
BTC-Mining: My guess is SEC/FSA clawing back because of Pirate
assbot: [MPEX] [S.MPOE] 10000 @ 0.00036266 = 3.6266 BTC [+]
assbot: [MPEX] [S.MPOE] 25458 @ 0.00036267 = 9.2329 BTC [+]
assbot: [MPEX] [S.MPOE] 13542 @ 0.00036461 = 4.9375 BTC [+]
boonies4u: if I were him, I would have just put up a bogus maintenance page
BTC-Mining: or he screwed the rolling out of GLBSE v.3 and he's now in panic mode trying to make it work.
boonies4u: is GLBSE v3 the one with actually functioning blue,white,pink, and black markets?
BTC-Mining: People would all have gone cheering with expectations about a shiney GLBSE v3
boonies4u: then he could say it was just normal maintenance, and that they shouldn't have overreacted
boonies4u: we need a live ticker on the number of hairs on nefario's head
BTC-Mining: I would easily see this happening: after the weekend, Nefario comes back, looks at all the talks and would be something like: "What the heck? I put a notice not to panic! Look at the shiny new v3!"
boonies4u: this could be a good chance to buy stocks from panic sellers
dub: pirate says the SEC havent contacted him
RogueAI: *take with mountain of salt
BTC-Mining: Odd... maybe they're so slow they haven't even yet figured who this "Pirateat40" is.
RogueAI: but yes, he said he hasn't been served with any papers yet
RogueAI: we know that from the post-Madoff review
BTC-Mining: They probably starting to have a bigger picture of what happened and info about the passthrough issuers.
RogueAI: my guess is they are in the public information gathering stage
BTC-Mining: And will have to get Pirate's identity through them.
RogueAI: to assess whether more action is needed
noagendamarket: I wondered why nefario asked what does the red button do the other day :P
boonies4u: pirate already said he's in no physical danger
boonies4u: you can make one out of plastic bottles
boonies4u: though it would be more attractive to use the plastic balls made out recycled materials
bitcoinbear: but I just gave up coke, no more bottles for me
BTC-Mining: True, plastic bottles degrade slowly. And are full of air. Perfect material for a cheap fleating island.
noagendamarket: bitcoiners dont do shit when you rip them, off...so people rip them off
bitcoinbear: actually, the other day I was contemplating stealing one of the islands in Lake Michigan
bitcoinbear: how long would it take people to notice me way out there?
noagendamarket: people break in to houses inn Australia because no one has guns and you can sue the house owner if you break a leg while stealing from them
RogueAI: new Red Dwarf season Ep 1 is out
boonies4u: bitcoinbear: I guess it depends on if border patrol boats go near it or not
boonies4u: you could make a nice little border jumping hub
bitcoinbear: no border on lake michigan, until I declare one
noagendamarket: I think the lakota indians seceeded again didnt they ?
bitcoinbear: but yes, I have seen coast gaurd out there
BTC-Mining: Make a tribe with your own language, never educate the kids about any word of english. If the first generation dies along with english before you are discovered, the next ones when discovered would be a completly non-english speaking, oblivious to technology, tribe of people from american descent...
BTC-Mining: It would make things interesting at least.
drekk: ..and call it "hobo land"
bitcoinbear: make bitcoin the official curreny ofthe tribe
boonies4u: I don't bitcoin to be an official currency by a country
boonies4u: it would remove the voluntary nature of bitcoin
noagendamarket: is it still bitcoin if you change the name of the client ?
boonies4u: noagendamarket: what is this I don't even
noagendamarket: just search and replace all uses of the word bitcoin lol
BTC-Mining: I don't care about the voluntary nature of bitcoins, I care about the lack of centralization.
noagendamarket: The lead dev being in charge of the bitcoin foundation doesnt help :P
RogueAI: The network is pretty safe as long as the majority don't adopt a code release with centralizing features
drekk: meh. think the bigger problem is centralization of PR/visibility to the outside
RogueAI: boonies4u, you mean you have a problem with monetary tyranny, correct?
assbot: [MPEX] [F.GIGA.ETF] 2297 @ 0.00039785 = 0.9139 BTC [-]
assbot: [MPEX] [S.MPOE] 31700 @ 0.00036127 = 11.4523 BTC [-]
boonies4u: RogueAI: I have a problem with an organization politicizing bitcoin, which would be essentially throwing non-anonymous members and bitcoiners under the bus
boonies4u: putting up articles like that is what will get us declared as terrorists
RogueAI: I once made the mistake of reading an issue at a laundromat
boonies4u: it's a Forbes article by Jon Matonis
RogueAI: what a dirty rag of a media company
RogueAI: I don't doubt that there are plenty of idiot people out there who won't understand that no one can speak for a inanimate trading unit
boonies4u: noagendamarket: it's probably too late for me
RogueAI: maybe you should start seeding "John Matis is an idiot" around the internet
drekk: "Centralised. Here we are with the worlds most powerful distributed system with countless possibilities for expansion and yet we keep building an infrastructure with centralised components like we're still living in the dot com boom and practically every damn attack has been against centralised components."
https://bitcointalk.org/index.php?topic=115430.msg1246227#msg1246227 ;)
RogueAI: My career has included senior influential posts at Sumitomo Bank, VISA, VeriSign, and Hushmail.
RogueAI: ok that Jon Matonis bio is giving me creepy feelings about Gavin's past CIA talk
boonies4u: I don't want TBF to lead bitcoin to either extreme
RogueAI: payment processors, SSL Cert issuer, and a supposedly secure email service
boonies4u: I don't want bitcoin to become centralized or regulated, but I also don't want it to be labeled as a tool to be used against the state
RogueAI: that has the scent of intelligence asset all ove rit
RogueAI: why did they let this guy be a founder?
RogueAI: only makes me wonder how compromised any other founders are
noagendamarket: its not a tool to take down the state its a tool against bankers :P
RogueAI: imo, the mantra for BTC should be "medium of exchange for the internet"
boonies4u: maybe I should set up a dead man's switch
boonies4u: incase I disappear, certain people are informed
boonies4u: PeanutPower: we need more games that use it ingame
RogueAI: I dislike agreeing with Atlas but I'm just going to ignore that foundation
PeanutPower: i'm working on that :P from an LTC perspective :)
RogueAI: it would be nice if the devs were more interested in faster confirmations from the core network
boonies4u: RogueAI: Atlas is the reason why my post counts go up by 50 in 4 hours
RogueAI: rather than wanting bitcoin banks to form
PeanutPower: i like the 2.5 min confirmation time with litecoin
boonies4u: i like litecoin, because it's still around
PeanutPower: less politics in litecoin too :) mostly devs right
boonies4u: so I can use them to buy ads for thorrbo
drekk: how can something like btc/ltc be "not political"? even the statement "p2p over centralisation" is a political one
noagendamarket: if they shut down bitcoin we just start a new blockchain LOL
boonies4u: drekk: bitcoin is political... but saying it is political is suicide
drekk: boonies4u, i dont get that :P
boonies4u: drekk: saying that you are user of bitcoin, and that bitcoin robs the state and the bankers of the power over money... in an non-anonymous setting
boonies4u: is basically confessing to being a terrorist
noagendamarket: I dont want anyone getting a drone strike because Matonis writes an article about bitcoin
PeanutPower: boonies4u: cool i'm working on a few experimental things over at ltcgaming.tk
boonies4u: then again, they probably would miss the target anyways
PeanutPower: nothing playable yet though, just working on transaction processing, chat infrastructure stuff first
drekk: i guess you guys live on a higher paranoia level than i do :P
noagendamarket: I stay away from the city now because they are now setting up "weapon free zones" and can struip search you in public basically
boonies4u: you should just surround the city with people with guns
noagendamarket: They recently went to the train station with cardboard "checkpoints" and searched people
RogueAI: it's darkly hilarious that they are searching random people because if they specifically targeted suspected gang/mob members they would be actually putting themselves at risk to serve the community
RogueAI: and of course the criminals would sue them using their ill gotten gains
drekk: glad i'm in germany. a) we crash the few drones we have on own grounds - b) anti-terror harrasment is way more subtle - c) we keep buying foreign economies and therefore are doing ok, i guess
RogueAI: balk at appearing too strong armed, a lot of the time but then they beat up protestors over a rail station
boonies4u: all I know about germany is what I read from #agora
RogueAI: over trees and a rail station location
RogueAI: but most of the time the authorities are pretty focused on appearing reasonable
noagendamarket: I got pushed into the road by a cop and charged with jaywalking lol
RogueAI: Well, Australia is pretty close to America in personality imo
RogueAI: at least euro descent americans
drekk: RogueAI, true. police measurements during demonstrations have become pretty strong (but better documentated by smartphones as well)
drekk: also, the senior protestor from Stuttgart *was* blinded
noagendamarket: they can abduct you off the street and question you for days and youre not allowed to tell anyone
RogueAI: I think it comes from both Australia and America being where the "less fit" of British society emigrated
RogueAI: US has National Security Letters for that
RogueAI: Can't talk about being told not to talk about what we did to you
RogueAI: drekk, oh man he really did lose an eye
RogueAI: they couldn't just spend the money to save some trees?
RogueAI: have to beat the crap out of their own citizens?
RogueAI: Germany should take a queue from the US
RogueAI: pretend to be negotiating then bulldoze it at night on a weekday
noagendamarket: Australians dont have any human rights written into the constitution
assbot: [MPEX] [S.MPOE] 3100 @ 0.00036127 = 1.1199 BTC [-]
assbot: [MPEX] [S.MPOE] 11500 @ 0.00036123 = 4.1541 BTC [-]
assbot: [MPEX] [S.MPOE] 4200 @ 0.00036111 = 1.5167 BTC [-]
RogueAI: well, noagendamarket, it's much more about how the judges and courts behave then having written rights
RogueAI: trust me, having them written down does no good if the justice system is messed up
RogueAI: how did that jaywalking ticket turn out?
RogueAI: did the court see it for being BS?
noagendamarket: if the cops beat people up on the streets people usually cheer them on here
RogueAI: well you've one upped most US states in that regard
rg: rg's not funny unless hes on his knees scooping up your kids puke
RogueAI: I'd have a camera rolling 24/7 in town, if I was you
boonies4u: now that I moved down to central florida, maybe I'll see interesting stuff
noagendamarket: best bet is to stay away from the city where its a lot worse
boonies4u: other than a crane walking through the ditch on the ide of the road
RogueAI: have it stream to a secure storage
noagendamarket: one stopped my car and threw my keys into the bushes on the side of the road lol
noagendamarket: I had to stop delivering pizzas cos they targeted me :P
noagendamarket: I showed them...now Im fit from walking everywhere lol
noagendamarket: while they eat donuts and cant get their fat asses out of the station
boonies4u: they only have one port, and they shut it down as soon as someone sneezes
noagendamarket: youre not allowed to leave the country without permission silly :P
boonies4u: just sneak out, then ask for asylum
noagendamarket: its different when the police are corporatised and not actually employed by the government.
noagendamarket: they are slowly replacing the cops with "public service officers"
drekk: yea thats reeaaaly creepy
drekk: like they've already done with the military and corporations like blackwater
drekk: good (=scary) read: "blackwater" by jeremy scahill
boonies4u: noagendamarket: that's just us swinging our bid stick around
drekk: "do another 'crocodile dundee'or else...'
noagendamarket: The last prime minister was getting too close to china so they brought in the economic hitmen and "replaced" him
noagendamarket: she is a minority government and has never actually been voted in by the majority
drekk: so at least she's clever. :P
drekk: need some brains to be successful with that ;)
drekk: same here. replace doctors with economists and... strange... people
assbot: [MPEX] [S.MPOE] 8034 @ 0.00036111 = 2.9012 BTC [-]
assbot: [MPEX] [S.MPOE] 5386 @ 0.00036092 = 1.9439 BTC [-]
assbot: [MPEX] [S.MPOE] 11180 @ 0.00035988 = 4.0235 BTC [-]
noagendamarket: economists are just businessmen that never operated a business lol
noagendamarket: I wonder how long it would take Paul krugman to run a business into the ground :D
noagendamarket: "We didnt have any customers so now is obviously a good time to increase production"
noagendamarket: The economy has dug itself into a hole so now is a good time to produce more shovels
boonies4u: that way it collapses on them, not you
drekk: good night and spread the FUD!
boonies4u: noagendamarket: I don't calculate resell value into mining equipment
noagendamarket: if youre buying them just to mine youre doing it wrong :D
boonies4u: it's a little late for buying them to mine
noagendamarket: It saddens me that the only thing left on glbse is mining :(
boonies4u: eventually we will be able to print mining rigs
noagendamarket: cant leave a mining rig in a room and come back later and there is 5 more of them lol
boonies4u: noagendamarket: not as expensive to launch a rocket to get people to repair it
boonies4u: in eve lore, you make a depleted vacuum around your ship
smickles: a 7.5 hour lunch is not a bad lunch at all
boonies4u: noagendamarket: usually a loophole in physics means
Azelphur: o.O I just noticed GLBSE is down, I feel I have missed the news
boonies4u: it's not an actual exploitable loophole
smickles: i'm inclined to respect my wife's wishes and not talk about the number or quality of bjs i receive at lunch
smickles: noagendamarket: haven't yet formed to company, it'll come within the week tho
Azelphur: mircea_popescu: now I'm sad :(
noagendamarket: it must be your anniversary or birthday if your wife is ggiving bj's lol
mircea_popescu: noagendamarket maybe it's her aniversary, and she's taking them
smickles: Azelphur: dude, last i know, glbse went down, news to come sat/sun, can't be good
boonies4u: noagendamarket: i thought he was talking about bj's he receives from coworkers at lunch
asa1024: sec giving blow jobs to smickles?
smickles: you think the sec wouldn't put up an sec webpage on glbse?
assbot: [MPEX] [S.MPOE] 13800 @ 0.00036386 = 5.0213 BTC [+]
noagendamarket: in that case they would be more interested in mpoe lol
smickles: asa1024: i'd prefer to have as little interaction with the sec as possible, bjs included
Azelphur: I am having so much bad luck with investments now lol
smickles: Azelphur: an initial investor to SS should still have made 70%ish profit
smickles: even if glbse shuts down (assuming we can identify shareholders
Azelphur: smickles: true, if GLBSE ever comes up to get that money out, haha
smickles: Azelphur: SÂcm only has about a few hundred satoshi in glbse
noagendamarket: glbse may come back but dont know how longer it will last
Azelphur: yea, but you still need shareholder data xD
dub: SEC dont call it a bj
dub: its a cockmeat sandwich
smickles: ya know, upon consideration, i'd be afraid the SEC bj representitive would be a succubus
noagendamarket: the only difference between btcjam and glbse is that glbse calls itself a stock exchange
mircea_popescu: <noagendamarket> the only difference between btcjam and glbse is that glbse calls itself a stock exchange << lol srsly.
boonies4u: btcjam also doesn't have an 8 btc listing cost
boonies4u: noagendamarket: yeah, well, if the operator bounces, people are going to have a hard time proving that they loaned me coins
noagendamarket: probably still need some kind of financial license to do that shit
boonies4u: noagendamarket: they are registered nationally
mircea_popescu: are tghese the guys who got a letter from the brazil sec to get lost and they put a post on their blog up going "o, but we beg to differ" ?
boonies4u: google translate can't seem to work on the government listing site
noagendamarket: they arent allowed to run an investment in brazilian but the brazil sec doesnt care if they do it in english lol
boonies4u: it means you won't scam as many citizens
mircea_popescu: for some reason the girl seems to be a magnet of these
mircea_popescu: that bitcoin.me fellow was going on about the same stuff
boonies4u: google translate of corporate name : Cosmic Egg DATA PROCESSING SERVICES LTD - ME
boonies4u: CODE AND DESCRIPTION OF MAIN ECONOMIC ACTIVITY 63.11-9-00 - Data processing, service providers and application hosting services on the Internet CODE DESCRIPTION OF ECONOMIC ACTIVITIES AND SECONDARY Unknown
BTC-Mining: "Maybe not, but I wouldn't give ~400 dollars for nothing to someone who cannot pay 10 dollars for a domain; so hosts it on a subdomain of a site which hosts child prn anyway."
BTC-Mining: But that's false... there is a mpex domain...
mircea_popescu: BTC-Mining false or true shouldn;'t be allowed to get in the way of a good opinion
BTC-Mining: Why not put the whole MPEx directly on said domain?
mircea_popescu: and there's also mpex.biz and mpoe.org and what the fuck else
BTC-Mining: Because being a separate thing than your blog or porn reposityr, it should be on it's own domain?
mircea_popescu: right. because some shady bs new site is very trustworthy
smickles: BTC-Mining: well, not all of us are ciuciu
mircea_popescu: a domain that's been on the net for >5 years and dominates google is a problem
mircea_popescu: if i used the backwards logic of the forum idiots i'd be doing glbse. luckily i am not.
BTC-Mining: That's like asking why google didn't redirect youtube on the google.com domain when they acquired it.
BTC-Mining: People like to have one domain/business venture.
mircea_popescu: BTC-Mining if i aquired youtube it would be on google.com/youtube
smickles: porn is just about the most profitable internet business when done correctly
BTC-Mining: Yeah but translate is a google tool, not really a full fledged venture
BTC-Mining: Also, as long as it has your gpg seal on it, any domain is trustworthy
smickles: mircea_popescu: I have heard that the high dollar cam sites are still doing well
mircea_popescu: BTC-Mining i must shamedly confess i haven't been using gpg for all that long.
boonies4u: mircea_popescu: if you owned pornhub.com and bought out nickelodeon, would it be pornhub.com/nickelodeon
smickles: boonies4u with the edge cases :D
noagendamarket: WTF did Nefario allow a lotto "companY' to list on glbse ?
BTC-Mining: Well Youtube is a business which bring money. Translate doesn't display any add or do anything other than translate.
boonies4u: noagendamarket: well, he does have a black market section now
BTC-Mining: Basically, if it's a tool like Google Mail, Google Translate, Google Maps or anything google, it's on google.com or a subdomain.
BTC-Mining: If it's another name like Youtube or Blogger, it's on a different domain.
boonies4u: mircea_popescu: you should put ads on mpex, promoting your porn laden yotsuba clone
mircea_popescu: BTC-Mining just pointing out that this fetish with new domains is bullshit.
mircea_popescu: as reprentance said, too many people think that busienss = domain + css.
noagendamarket: Youre not allowed to buy lotto tickest and onsell them
mircea_popescu: that i'm putting a little stress on this point is a boon i am granting to the conglomerated idiots around btc, on my dimee
BTC-Mining: The first are complements to google search, the others are completly separate.
BTC-Mining: That it be false or not, you got to please the consumer, not yourself.
assbot: [MPEX] [F.GIGA.ETF] 8300 @ 0.00039784 = 3.3021 BTC [-]
boonies4u: mircea_popescu: facebook as an ipo might have failed
mircea_popescu: watch it be spun off for 10% of cost like myspace was, 5 years ago.
boonies4u: mircea_popescu: I never seen it as a business
Diablo-D3: you cant even say its failed as a business
Diablo-D3: they're trying to float a business model of selling users for their information to third parties, but its too little too late
mircea_popescu: Diablo-D3 nobody gives a shiot about "user's information"
dub: Diablo-D3: ever heard of GOOG?
mircea_popescu: who cares ? people are so self obsessed they really thing someone would pay $$$ to know what they think of a cat picture ?
Diablo-D3: dub: google has done this since day one
Diablo-D3: mircea_popescu: no, its usually just brand research
mircea_popescu: nobody cares. really. you'd have to pay companies to care about what "the userbase" does.
Diablo-D3: like, if I say pepsi sucks, pepsi mightw ant to know why
dub: I love when people mistake my trolling for financial advice
Diablo-D3: problem is, facebook doesnt HAVE the why
boonies4u: mircea_popescu: nobody cares what you think about facebook
Diablo-D3: infact, Im not sure what facebook is
Diablo-D3: you cant connect with friends over it, you cant tell the world what you think of it
smickles: can we leave facebook off this chan?
dub: LEAVE FACEBOOK ALONE
Diablo-D3: smickles: why? its a perfect example of how you can sell hype to idiot investors
Azelphur: oO cool I just got an email from BFL
Azelphur: the SC Singles are 60GH/sec now
noagendamarket: facebook should make its own stock exchange and list on itself lol
Diablo-D3: Azelphur: yeah, and matching nearly identical numbers to everyone else
dub: so did I, they are shipping my asics in teh first 3rd
Azelphur: mircea_popescu: BUT I ONLY GOT THE EMAIL TWO MINUTES AGO
Azelphur: that cheers me up anyway as I have 3 singles on preorder
dub: assbot should really be called assbook
mircea_popescu: dmc is better than facebook. dmc lost investors like 10k usd off ipo prices ?
dub: kakobrekla: make it so
Diablo-D3: boonies4u: basic and reclaimer will be 4-5 watts/gh
Diablo-D3: if bfl claims anything other than that, they're lying
mircea_popescu: everyone is claiming the same now, so the battle of wits is on
boonies4u: Diablo-D3: they're not using the same asic tech I believe
boonies4u: Diablo-D3: then it doesn't matter what they claim, your point is moot
Diablo-D3: I have no reason to believe bfl is legit
Diablo-D3: they have failed to answer vital questions
Diablo-D3: they have refused to treat their investors AS investors, and keep claiming they're preorder customers
copumpkin: mircea_popescu: nope, you might be looking at one of their indices, not the company itself
dub: actually, that could be usagi
boonies4u: Diablo-D3: they are preorder customers
smickles: copumpkin: did someone nuke china or something?
Diablo-D3: you're a preorder customer if the product actually exists
copumpkin: but vanguard dropped them as the benchmark for their funds
copumpkin: dub: aha :) I was referring to zero wing
boonies4u: Diablo-D3: the product was already designed IIRC befoe they were put out for preorder
Diablo-D3: boonies4u: it wasnt even taped out
boonies4u: Diablo-D3: i'm sorry,I don't take that here
Diablo-D3: BFL has refused to answer any questions to hide this fact
Diablo-D3: boonies4u: I could care less what you think
boonies4u: Diablo-D3: have you submitted it in writing?
smickles: common sense is usually incorrect
Diablo-D3: I know how chip manufacturing works, BFL has refused to answer even basic questions about their operation
Diablo-D3: there is no reason to think the chips exist
boonies4u: Diablo-D3: then it doesn't matter how they treat the people they're scamming
Diablo-D3: mircea_popescu: they'd have to answer to investors and they refuse to
Diablo-D3: the people they keep trying to claim are preorder customers arent
boonies4u: Diablo-D3: first, you accuse them for lying that they have less power consumption than everyone else, then you say they're lying for not having chips at all
copumpkin: smickles: and I am quite cross at the recent developments with glbse
smickles: copumpkin: in the whitest kids youknow racewar skit, english is 'merican
Diablo-D3: boonies4u: theres no way thats happening unless they're on 45nm
boonies4u: Diablo-D3: so are they scammers because there's no chips? or are they scammers because there are no 45nm chips?
Diablo-D3: now, it could be a sasic 45nm, but then you're basic to having a shit inefficient design not much better than a 45nm fpga
Diablo-D3: boonies4u: they're scammers because their chips cant exist.
Diablo-D3: the little information they did release only highlights how much of a scam it is
mircea_popescu: honestly i find the entire asic thing dubious. not just bfls', across the board.
boonies4u: mircea_popescu: dedicated mining hardware is inevitable
copumpkin: mircea_popescu: it'd be funny if it was a circle of lies of everyone one-upping the others' lies
copumpkin: and nobody has a clue how it works
Diablo-D3: boonies4u: usually if someone claims to have defeated the laws of physics, its a scam
copumpkin: dub: you were the one mocking nefario for needing 400 quid, right?
mircea_popescu: the people claiming them cavalierly have neither the expertise nor the capital to bring them.
smickles: glbse shut down b/c nef didn't pay the hosting bill b/c noone lent him the money
boonies4u: smickles: he probably didn't try hard enough
Diablo-D3: so hes probably the only legitimate one
smickles: although it was timed consistant with the nature of name server switching
Diablo-D3: 130nm 200mm wafers at SMIC using SMIC's IP core library to spam a predesigned sha256 core
dub: copumpkin: I haven't been paying attention, was there a punchline?
copumpkin: dub: oh, it'd be funny if he shut down glbse cause he was out of money :P
smickles: MY PENIS IS BIGGER THAN AN AIRCRAFT CARRIER MOTHERFUCKAAAAAS
smickles: glbse is offline, what else is there. I'm not taking usagi's route
smickles: worst case senario, (oh usagi didn't kill himself yet?) I go to jail for lame ass securities fraud.
smickles: ah, ok. But srsly about usagi, is anyone able to check on him? he was spouting off all depressed earlier
asa1024: they msgd me back saying they were done puking
mircea_popescu: actually im agreeing with copumpkin for once. poor dood.
smickles: mircea_popescu: yeah, b/c of the way the regs are in 'merica
asa1024: then I said well there is always dry heaving
mircea_popescu: smickles want me to bet you 1:1 that you're not going to no jale ?
dub: as if usagi even exists
smickles: I didn't file regulation D exemption for S2cm or MPOE.etf
dub: its someones troll account
mircea_popescu: what do you want smickles ? .1 btc ? 1 btc ? 10 ? 100 ?
smickles: mircea_popescu: 1:1, naw, i don't give my self that good of odds going to jail
smickles: I seriously don't expect to go to jail
smickles: but just in case i do. You all know this:
asa1024: just tell the SEC we all got carried away thats all
smickles: and if i have to testify somewhere and the grand inquisitor askes me about that statement:
copumpkin: smickles: link to the apeshit vide
noagendamarket: The uS tried sending a nuclear warship to NZ they told them to gtfo
smickles: I'd point out that I said that statement in preparation for just this situation
mircea_popescu: How am I supposed to do that? There's no f*****g volume, there's no buyer except at 0.000000001 BTC because of all the shit. Why somebody whould buy an asset when you have the choice between:
mircea_popescu: -A website that make instant decisions without any warning (delisting, closing, whatever)
mircea_popescu: -Another who ask 350$ for registration with more porn than assets on it.
mircea_popescu: y people do not understand the importance of paying me fees :(
copumpkin: smickles: make sure the SEC sees the whole thing, as it contains crucial evidence for the case
assbot: [MPEX] [S.MPOE] 34700 @ 0.00036386 = 12.6259 BTC [+]
assbot: [MPEX] [O.BTCUSD.C120T] 1000 @ 0.2221539 = 222.1539 BTC [+]
assbot: [MPEX] [O.BTCUSD.C110T] 700 @ 0.27527009 = 192.6891 BTC [+]
assbot: [MPEX] [O.BTCUSD.C130T] 700 @ 0.17827185 = 124.7903 BTC [+]
smickles: ya know, at least us humans genearlly eat shit in a figurative sense
smickles: Smoovious: didn't something like 500 btc just trade there?
smickles: ok, i am drunk, that question just derpped me
smickles: did you have the same suspision about glbse, icbit, or cbx?
dub: Smoovious is teh great conspiracy theorist
dub: and general whiteknighter for usagio
dub: everything is a scam except usagio
mircea_popescu: this "if bitcoins are hoarded they're worthless" argument is utterly bs.
smickles: i may be drunk, but pfft isn't a good reason
mircea_popescu: they don't have to be traded to have value, they just need to be wanted.
mircea_popescu: actually, virgins are in most times and places more valuable than well used whores. i wonder why.
assbot: [MPEX] [F.GIGA.ETF] 600 @ 0.00039781 = 0.2387 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 9800 @ 0.00039715 = 3.8921 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 7900 @ 0.0003839 = 3.0328 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 7500 @ 0.00035145 = 2.6359 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1 @ 0.00018002 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.00018002 = 0.18 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 1000 @ 0.00018001 = 0.18 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 199 @ 0.00018 = 0.0358 BTC [-]
smickles: wtf, giga went back up to .004ish?
smickles: it seems to me people argue both sides of an argument far too often
smickles: *far to often to be intentional
smickles: *because this needed one more asterisk
mircea_popescu: the one thing i love about running mpex is how rarely i need to pay tx fees
smickles: mircea_popescu: i bet I could run up your tx fees by like .0001 or so :P
dub: is it hunting nefario down and cutting his tits off?
dub: or are we not quite there yet
boonies4u: i love it when people post ambiguous dates
BTC-Mining: Almost on par even if it won't upgrade
gribble: Best bid: 12.73, Best ask: 12.83, Bid-ask spread: 0.10000, Last trade: 12.83, 24 hour volume: 40200, 24 hour low: 12.6, 24 hour high: 13.0899
dub: >implying I have a forum acct
mircea_popescu: i must say, cryptostocks site is about 100 times better than glbse ever was
assbot: [MPEX] [S.MPOE] 16000 @ 0.00036386 = 5.8218 BTC [+]
assbot: [MPEX] [S.DICE] 2000 @ 0.00339997 = 6.7999 BTC [-]
assbot: [MPEX] [S.DICE] 8000 @ 0.00339998 = 27.1998 BTC [+]
noagendamarket: eventually any bitcoin site offering securities will run into exactly the same issues glbse has
noagendamarket: best bet : get your local stock broker to accept btc lol
dub: was there some more info?
BTC-Mining: mircea_popescu, can you at least demand from your MPOE-PR to get her facts straight? Although she has many valid claims/points, she keeps attacking everything with misquotes/altered facts which are easy to point out. It's like a double edged sword.
BTC-Mining: Arf, okay, let me check her post history and find back a few.
assbot: [MPEX] [S.MPOE] 1457 @ 0.00035988 = 0.5243 BTC [-]
dub: yes, internet is 50% less retarded for the moment
gribble: Nick 'B0g4r7', with hostmask 'B0g4r7!natty@h-98-134-238-48.ip.alltel.net', is not identified.
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
B0g4r7: hm, yea I never did figure out the web-of-trust or whatever that system is.
mircea_popescu: it's one of the things that seem stupid before you get it and impossible to live w/o after.
BTC-Mining: Okay, so for example, she start a scammer tag thread for nefario. Stating how it's been mismanaged. That's okay until now. I'd agree the situations have been mismanaged.
B0g4r7: Looks like I missed out on today's drama, being away from my deskjob desk.
BTC-Mining: But about DMC, she states: I.d. The accounts were later unblocked without any audit being performed, and without any material changes in the alleged facts.
BTC-Mining: When the shareholders decided by a motion to keep Diablo-D3 as a manager. Also.
BTC-Mining: III.a. Starting at least as early as September 10 the assets controlled by Usagi (CPA, NYAN.x, BMF) were being scrutinized publicly on this forum for gross negligence possibly amounting to fraud on the part of the asset holder, in the same manner and to an extent equal or greater to that of I.a. above.
BTC-Mining: III.b. In spite of III.a. Nefario declared Usagi as the head of the ad-hoc commission that was to review GLBSE assets for inclusion in blue/white categories.
noagendamarket: Someone should just make a less retarded version of MPEX with exactly the same features lol
BTC-Mining: Usagi was never declared head of a commission or appointed to review and make decisions about asset inclusion.
BTC-Mining: I'm also in the group with Usagi. We're merely providing input and opinion but have no actual say in decisions which are left to Nefario
BTC-Mining: She twists facts/improperly research them
mircea_popescu: BTC-Mining well, so you're in a better position than her to know. you should make a post saying this right there
noagendamarket: The problem is Nefario takes more notice of the people on this "board" than people whio actually own the company....
BTC-Mining: She gives half stories keeping only parts to make it look worse, and people spot it. Makes MPOE-PR look bad and thus MPEx
B0g4r7: "feel sorry for anyone who didn't pull out after learning that the SEC guy knew something would be happening with GLBSE."
B0g4r7: ^ what is this referring to?
BTC-Mining: I'll reply soon to the thread, I just mean, ask her to research the facts a thoroughly.
BTC-Mining: It might not be deliberate, but it's bad PR if the facts she gives are not accurate, especially when making serious accusations.
MrTiggr: mircea_popescu: B0g4r7 .... the "SEC Guy" thing is in reference to an email recieved by some from SEC i am pretty sure
mircea_popescu: BTC-Mining how'd she research things that are privy to like a few people ? was what you claim now posted anywhere ?
B0g4r7: Any forum (or other) reference you can cite?
MrTiggr: B0g4r7: was that directed at me ?
mircea_popescu: B0g4r7 there's a pastebin, want me to dig it out for you ?
MrTiggr: B0g4r7: i have a copy of the email but not sure if its kosher to pass it around ....
MrTiggr: ^^ or mircea_popescu can find the pastie
B0g4r7: mircea_popescu: if you would plz.
MrTiggr: looked TOTALLY legit, noagendamarket
mircea_popescu: it was legit. they prolly got 1000 complaints forwarded from local da's and whatnot
MrTiggr: all the headers checked out and even a phone call was made to check it i believe
BTC-Mining: mircea_popescu, as far as I'm aware, no, but neither was the fact Usagi somehow had any say about assets listing or not.
mircea_popescu: BTC-Mining im not even sure where she picked that up, but prolly in one of the many usagi drama threads
B0g4r7: Like I posted here, I wonder if the LOTTOMINING thing was an SEC sting.
BTC-Mining: People are seriously starting to form a bad opinion of MPOE=PR and indirectly, MPEx because she make up facts/guesstimate them without verifying them.
mircea_popescu: BTC-Mining you know she has a pretty good record of being spot on, right ?
B0g4r7: And it seems quite blatant in its illegality.
B0g4r7: Yeah, I LOL'd at the patent reference.
mircea_popescu: hey noagendamarket, what's the confirm count on your oldest tx ?
assbot: [MPEX] [S.DICE] 3800 @ 0.00339998 = 12.9199 BTC [+]
MrTiggr: iirc danieldaniel made a phonecall to confirm it (that mustve been funny :D )
BTC-Mining: Aye, people are not complaining about if she has a good guess ratio. They complain about the fact she pass up unverified information as facts to push her guesses before the actual facts happen. It's like someone saying everytime "I saw that person murder someone" when it never happened and she just had a hunch about it and in her defense, claim to be right 90% of the time. Doesn't really
BTC-Mining: excuse passing things as facts which are not.
BTC-Mining: But really, the point is not there about if it ends up being true, it's that announcing things as facts before it happens seems to really hurt public opinion of MPEx.
assbot: [MPEX] [S.MPOE] 23300 @ 0.00036002 = 8.3885 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.0003646 = 3.646 BTC [+]
assbot: [MPEX] [S.MPOE] 35310 @ 0.00036461 = 12.8744 BTC [+]
assbot: [MPEX] [S.MPOE] 41600 @ 0.00036547 = 15.2036 BTC [+]
assbot: [MPEX] [S.MPOE] 11712 @ 0.00036748 = 4.3039 BTC [+]
assbot: [MPEX] [S.MPOE] 64500 @ 0.00036749 = 23.7031 BTC [+]
assbot: [MPEX] [S.MPOE] 19900 @ 0.00036838 = 7.3308 BTC [+]
assbot: [MPEX] [S.MPOE] 51100 @ 0.00036839 = 18.8247 BTC [+]
assbot: [MPEX] [S.MPOE] 26100 @ 0.00036848 = 9.6173 BTC [+]
assbot: [MPEX] [S.MPOE] 33000 @ 0.00036849 = 12.1602 BTC [+]
assbot: [MPEX] [S.MPOE] 38875 @ 0.00036978 = 14.3752 BTC [+]
assbot: [MPEX] [S.MPOE] 31337 @ 0.00037009 = 11.5975 BTC [+]
assbot: [MPEX] [S.MPOE] 13266 @ 0.00037034 = 4.9129 BTC [+]
B0g4r7: Hm, yea that email does have the ring of legitimacy to it.
Ukto: so wait, did nefario and glbse idssapear?
MrTiggr: mircea_popescu: yeh i thought there was more than one .. i recall seeing dandan talking on irc at the same time thos; so i "witnessed" at least one phonecall
BTC-Mining: I mean, she could start the same accusations without passing things as facts and quoting instead and arguing why it looks shady and why she believes it's highly likely to be a scam or anything.
B0g4r7: Or rather, it lacks the obvious signs of inauthenticity commonly found in these things.
Ukto: it did or it didnt. speculation aside
dub: B0g4r7: there was a thread started by a guy who claimed to have claled the sec lawyer the letter came from, who asked him questions about GLBSE
mircea_popescu: MrTiggr anyway, it's well established by now that its legit
BTC-Mining: I find she's not doing a good enough job for MPEx
MrTiggr: i had a copy of the ermail with headers too ... SPF was all intact, everything checked out from a tch. standpoint
mircea_popescu: BTC-Mining but i mean... so what are you saying, you want her job ?
Ukto: i did hear a rumor about SEC. but that doesnt seem plausable, as no actual us$ was involved, and it was in the UK
Ukto: but he would come and tell someone
Ukto: that its down for X
Ukto: i am not sure that nefario woudl run off with everyones btc
mircea_popescu: which is why i said kinda. who the fuck knows what's going in their little rats nest by now.
Ukto: he IS paranoid tho, i give you that
dub: what about all teh idiotic shit he has done in the paste month makes you think that?
mircea_popescu: he never clarified exactly what the beef was with goat
mircea_popescu: and i don't believe either one of them, they're both lieing about it.
BTC-Mining: Eh, not sure I would have the time. But at least if you found someone who would constructively argue instead of accusing by association. See, I don't go attacking you personally for what MPOE-PR do, I come to you and argue about why it seems like she's doing a bad job for MPEx and why I think you should held her accountable for what she do when acting as MPEx's public face.
B0g4r7: A google for that phone number turns some threads discussing it.
Ukto: anyoen talk to the other owners of glbse?
Ukto: negario was only 35%
mircea_popescu: BTC-Mining the only thing you've not done yet is actually show me some serious issue there.
B0g4r7: What is the connection between theymos and glbse?
Ukto: whoops, did i say that
dub: thats like my usagio before
mircea_popescu: which he was trying to divest, saturday. by monday nefario was fucking up the show.
Ukto: has theymos said anything ?
B0g4r7: He's said that he knows nothing.
B0g4r7: I'm not holding out much hope of getting my 50 BTC back.
B0g4r7: I'd just deposited it yesterday. Not bought any securities yet,
smickles: yeah that cracked me up. theymos found out about glbse going offline on his forum
smickles: never mind that theymos is a nearly 25% stakeholder in glbse
mircea_popescu: you have any idea how long i've been trying to account for you!
dub: never mind that nefario and theymos are fuckbuddies
B0g4r7: I wonder where the SEC got a list of addresses to email ppl, assuming the SEC thing is for real.
Ukto: then someone else would have gotten emails
B0g4r7: If like 1,000 ppl got it, I'm sure some responded.
B0g4r7: "waaah, I bought PPT and lost everything"
dub: B0g4r7: someone mentioned WOT
smickles: well, it's odd that not all the asset issuers got the email, but then again, I don't know how the sec operates
Ukto: I dont recall who the other owner was, besides theymos
noagendamarket: they arent investigating glbse itself or theymos woulda got a letter
Ukto: I'll have to dig throgh my chats with nefario
Ukto: althoguh I do know one thig
smickles: noagendamarket: would theymos say if he was contacted?
Ukto: Nefario did tell me he was living solely off of btc from glbse
B0g4r7: noagendamarket: I'm not sure we can assume that.
noagendamarket: if anyone is in danger its theymos since hes in the US
bonks: mircea_popescu: k np
smickles: mircea_popescu: not all of us live as well as you :p
B0g4r7: I just wanted to buy some ASICMINER>
mircea_popescu: smickles ya but i think it's under unemployment benefits
mircea_popescu: B0g4r7 well if you buy 5k or w/e the person holds private books
B0g4r7: Yeah, the Board Member package.
B0g4r7: He's mentioned extending the private books offer to smaller investors. Guess I'll wait and see.
noagendamarket: they dont arrest you for investing in a nigerian scheme lol
smickles: so if they don't go after investors, pirate is cool, right?
smickles: he was just some sorry bum who borrowed money to invest in zeek
B0g4r7: They need to keep their crooked fingers out of bitcoin.
copumpkin: we have enough crooked fingers already
smickles: they need to deem it computer game money and ignore it
B0g4r7: or any other purely digital currency.
smickles: copumpkin: only my thumbs are crooked, what fingers do you have covered?
B0g4r7: If ppl want that kind of regulation, let them play in the classical markets.
smickles: if i give a 'thumbs up" the tip of my thumb points backwards, otherwise, it looks 'normal'
mircea_popescu: B0g4r7 people may want it till they're blue in the eyeballs.
noagendamarket: when you point your finger theres 3 fungers pointing at yourself lol
smickles: it's not real money anyway unless it can play on a vegas craps table
smickles: I should go there and call out 300 btc on a hard 12. see what happens
mircea_popescu: noagendamarket lemme point out smickles's fund made a solid 1200% over ~5 months
smickles: mircea_popescu: well, if glbse doesn't come back, some of the investors will be f'd
assbot: [MPEX] [S.MPOE] 20900 @ 0.00037034 = 7.7401 BTC [+]
smickles: but well over 3/4 got out before glbse went down
smickles: mircea_popescu: if glbse doesn't come back that btc, or the shares that hadn't yet sold inot the final bidwall don't mean anything
mircea_popescu: smickles you originally said "soon" is what i was answerting to :p
B0g4r7: I'm not counting on even getting my BTC back from my glbse account.
smickles: B0g4r7: you're that pessimistic?
B0g4r7: These things rarely have a happy ending in my experience.
mircea_popescu: B0g4r7 i imagine even if nefario turns a total ass and runs with the ppl's btc
mircea_popescu: people will cover for it. it wasn't that much to begin with
jcpham: everyone is under arrest
B0g4r7: who would "people" be?
jcpham: line up against that wall over there
jcpham: prepare for the cavity search
smickles: well, s2cm doesn't need any btc from glbse, just a list of the shareholders
Ukto: who would the people be that will cover?
Ukto: its not like the share creators can do it
Ukto: they dont know who has what
B0g4r7: I guess you mean the other glbse owners.
B0g4r7: I had no shares, just BTC.
B0g4r7: Had not yet purchased anything.
smickles: got in at a good time i see :(
jcpham: i was reading the forum thread about allof this and then i got bored
B0g4r7: Much like I got into trading classical stocks at a good time in 2008.
mircea_popescu: B0g4r7 usagi is the master of it tho, with his 200 btc
smickles: B0g4r7: well, if you'd've picked junk bonds, you'd've made a mint
Ignatius-otc: could have thrown a dart at a wall of stocks and shorted whatever hit for plenty of profit
smickles: I have 200 of the finest btc to ever be mined
smickles: but i don't know how to tell the difference
B0g4r7: Buying ops aplenty in '09. '08 was all downhill.
smickles: mircea_popescu: oh sorry, i pulled a non-sequitur sort of topic change there
smickles: Oh what luck, just one more buck, fortune left me by chance.
jcpham: i don't want to talk about how many coins i've mined
jcpham: versus how many i have
jcpham: certianly i've mined over 1000, maybe 1200
jcpham: YEAH BUT YOU LIVE IN SOME CRAZY FAIRY TALE WORLD
jcpham: real people aren't as privileged as you
jcpham: you should feed poor people
jcpham: most of us plebians have to work
smickles: don't tell him to feed poor people, hell asphixiate them with semen
jcpham: looks like mouth boner
smickles: i mean't it as licking my lips
mircea_popescu: smickles o, cause i was gonna say MY HARD COCK!!!1111 ?
jcpham: i wouldn' judge you if it was some type of mouth boner
mircea_popescu: Morocco blocked a Dutch "abortion ship" from entering one of its harbours on Thursday during a campaign group's first attempt to visit to a Muslim country to raise awareness about safe methods of abortion.
jcpham: i wonder what they do with the babies while at sea
smickles: there's a cruise line for everything
jcpham: one of these days someone will stumble in this channel
jcpham: without a sense of humor
smickles: it's liek rule 43, if you can think of it, carnival has a vacation package for it
Ukto: I wanted to make a black shirt, with a coat hanger on it, that says "Got Coathanger?" and goto one of the anti abortion rally's
Ukto: put up a fold up table, giving away free coathangers to pregnant teens
Ukto: and a sign with an arrow "Follow these guys, heres your choice."
smickles: Ukto: no, non-prego teen chicks, so they have unprotected sex, get prego, and then can use the hangar
Ukto: at least pirate stuck around
Ukto: i give him a point for that
Ukto: nefario just disapears
smickles: B0g4r7: thing is, they wouln't claw back btc, they'd claw back a btc equivilant amount of USD
Ukto: even when he had his extreme paranoia, he came and said he was working on shit
Ukto: has anyone tracked old payments back to the original wallet
Ukto: to see if its been emptied ?
Ukto: nefario has nothing to do with gpumax
assbot: [MPEX] [S.MPOE] 5800 @ 0.00036789 = 2.1338 BTC [-]
assbot: [MPEX] [S.MPOE] 45162 @ 0.00036751 = 16.5975 BTC [-]
Ukto: he jumped into the band wagon that gpumax was crap, and was the source of some shit before
B0g4r7: Hm, that's not a bad idea.
assbot: [MPEX] [O.BTCUSD.P140T] 492 @ 0.25399152 = 124.9638 BTC [+]
gribble: Best bid: 12.7, Best ask: 12.787, Bid-ask spread: 0.08700, Last trade: 12.67505, 24 hour volume: 39938, 24 hour low: 12.6, 24 hour high: 13.0899
B0g4r7: Looks like my BTC have indeed been moved out of the deposit address I sent them to at glbse, only a couple hours after I deposited them.
B0g4r7: I wonder if that's normal.
smickles: mircea_popescu: so what do you make of that P140T?
B0g4r7: I should go to bed really.
Ukto: well then, check the wallet that the btc was moved out to
smickles: mircea_popescu: that option went on the ticker and you did a ;;ticker, i thought they may be connected
mircea_popescu: usually people buy calls when it pops and puts when it plumets
B0g4r7: Looks like it's all still there. My BTC was in the last sweep into that address.
jcpham: i know where all the bitcoins are!
Ukto: it may be possible that nefario is network less
Ukto: he was using a cell phone for internet access
Ukto: another good reason to check the cold wallet
assbot: [MPEX] [S.MPOE] 4000 @ 0.00036795 = 1.4718 BTC [+]
assbot: [MPEX] [S.MPOE] 13900 @ 0.00036795 = 5.1145 BTC [+]
assbot: [MPEX] [S.MPOE] 900 @ 0.00036795 = 0.3312 BTC [+]
assbot: [MPEX] [S.MPOE] 4300 @ 0.00036904 = 1.5869 BTC [+]
assbot: [MPEX] [S.MPOE] 1922 @ 0.00036795 = 0.7072 BTC [-]
assbot: [MPEX] [S.MPOE] 838 @ 0.00036751 = 0.308 BTC [-]
assbot: [MPEX] [S.MPOE] 11308 @ 0.00036609 = 4.1397 BTC [-]
assbot: [MPEX] [S.MPOE] 24231 @ 0.0003652 = 8.8492 BTC [-]
gribble: Time since last block: 18 minutes and 40 seconds
assbot: [MPEX] [S.MPOE] 45500 @ 0.00036904 = 16.7913 BTC [+]
assbot: [MPEX] [S.MPOE] 19434 @ 0.00037034 = 7.1972 BTC [+]
assbot: [MPEX] [S.MPOE] 40200 @ 0.00037043 = 14.8913 BTC [+]
assbot: [MPEX] [S.MPOE] 50100 @ 0.00037054 = 18.5641 BTC [+]
assbot: [MPEX] [S.MPOE] 20001 @ 0.00037149 = 7.4302 BTC [+]
assbot: [MPEX] [S.MPOE] 1853 @ 0.0003721 = 0.6895 BTC [+]
assbot: [MPEX] [S.MPOE] 19980 @ 0.00037242 = 7.441 BTC [+]
assbot: [MPEX] [S.MPOE] 3800 @ 0.00037278 = 1.4166 BTC [+]
assbot: [MPEX] [S.MPOE] 19132 @ 0.00037398 = 7.155 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 996 @ 0.00028006 = 0.2789 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 12700 @ 0.00027682 = 3.5156 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 14804 @ 0.00023469 = 3.4744 BTC [-]
assbot: [MPEX] [S.MPOE] 7800 @ 0.00037094 = 2.8933 BTC [-]
assbot: [MPEX] [S.MPOE] 36468 @ 0.00037398 = 13.6383 BTC [+]
assbot: [MPEX] [S.MPOE] 2332 @ 0.00037408 = 0.8724 BTC [+]
assbot: [MPEX] [S.BVPS] 539 @ 0.0035 = 1.8865 BTC [+]
assbot: [MPEX] [S.MPOE] 24594 @ 0.00037012 = 9.1027 BTC [-]
MrTiggr: you sound so dissapointed ... perhaps its the other way around, ___Atlas___ .... perhaps you are like a bitcoin "typhoid Mary" :P
assbot: [MPEX] [S.MPOE] 600 @ 0.00037012 = 0.2221 BTC [-]
fridge: is there a write up of what is known re glbse? I have been out of the loop
fridge: I was kind of expecting it tbh, either glbse to belly up or my portfolio to consist entirely of scammers
fridge: but it is more entertaining than a night at a casino
fridge: whereas I only have brazzers account
assbot: [MPEX] [S.MPOE] 41106 @ 0.00037012 = 15.2142 BTC [-]
assbot: [MPEX] [S.MPOE] 14894 @ 0.00037012 = 5.5126 BTC [-]
jurov: fridge, i have read much of it and am none wiser... it's not like hollywood movie where they explain everything
___Atlas___: I've completely reformed the Bitcoin wikipedia article
___Atlas___: but we're going to get to featured article status eventually
jurov: wish I had your noble desires...
jurov: here it's all carnal, like fucking and money
MrTiggr: lol .... makes me think futurama ...... Screw them all we'll make our own curreny with blackjack .. and hookers :D
assbot: [MPEX] [S.MPOE] 6200 @ 0.00037375 = 2.3173 BTC [+]
dub: don't forget shit eating primates
assbot: [MPEX] [S.MPOE] 35000 @ 0.00037375 = 13.0813 BTC [+]
assbot: [MPEX] [S.MPOE] 25362 @ 0.00037175 = 9.4283 BTC [-]
assbot: [MPEX] [S.MPOE] 24512 @ 0.00037375 = 9.1614 BTC [+]
femtotube: looks like the new Master Of Hyperbole is DiabloD3 :)
femtotube: "A software update for the launch of GLBSE 3.0 is plausible.... just so is the SEC extraditing him from the UK to stand trial in the US."
drekk: so it seems. didnt check tho
drekk: did you notice an impact on mpex trading volume since glbse is down?
drekk: really? interesting
drekk: so ppl really are scared :D
drekk: crazy stuff. can't read the forum anymore. all trolling and FUD and whining
femtotube: How many scam accusations do the forum mods need to tag someone? Usai looks like the most popular candidate for a tag but nothing has happened
assbot: [MPEX] [S.MPOE] 788 @ 0.00037375 = 0.2945 BTC [+]
assbot: [MPEX] [S.MPOE] 22612 @ 0.00037408 = 8.4587 BTC [+]
femtotube: mircea_popescu: none of those are bull shit and all are verified fuck ups
femtotube: scammer has to collect more money and then run? :)
femtotube: then and only then, the not so bright overlords can tag
mircea_popescu: i think idiocy is an absolute defense. sorta like verity in calumny proceedings
drekk: it's a forum. not a trading platform. what do you expect?
femtotube: "oops, I am an idiot stealing all the coin. Sorry! Se you all next time" ?
mircea_popescu: "did you scam these people ?" "no, i'm just stupid" "a ok then, move along"
femtotube: this defence probably works in BTC forum :)
mircea_popescu: "i really made a good faith attempt at investing despite the fact that i lack any experience whatsoever, training no matter how informal or even enough common sense to notice a problem with any of this."
drekk: "...also I got a free rifle at my bank for opening a new account. FREE RIFLE!!!"
assbot: [MPEX] [S.MPOE] 60989 @ 0.00037189 = 22.6812 BTC [-]
assbot: [MPEX] [S.MPOE] 6111 @ 0.00037103 = 2.2674 BTC [-]
assbot: [MPEX] [S.MPOE] 48700 @ 0.00037166 = 18.0998 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 7000 @ 0.0002777 = 1.9439 BTC [+]
assbot: [MPEX] [S.MPOE] 2000 @ 0.00037408 = 0.7482 BTC [+]
___Atlas___: It will be remembered in the footnotes of virtual history
___Atlas___: Right next to second life stocks and other ponzi schemes
___Atlas___: Hopefully you guys don't have your money seized by the London police
___Atlas___: and then see it spent on the Queen's LSD habit
___Atlas___: I mean, it is in royal law: All property is of her majesty, the Queen.
gribble: "<html>\n<body>\n<h1>GLBSE is offline</h1>\n<p> For those worried about their bitcoin, please calm yourselves there has been no hack and your coins are safe and all accounted for.</p> \n<p>I apologize for the lack of notice and the downtime, but there isn't much choice. We will update our users on Saturday.</p>\n</body>\n</html>\n"
assbot: [MPEX] [F.GIGA.ETF] 519 @ 0.0002777 = 0.1441 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 5800 @ 0.0002777 = 1.6107 BTC [+]
___Atlas___: Lucidize: How does it feel knowing the Queen of England has your coins now?
___Atlas___: The Queen owns GLBSE now. It's her property.
Lucidize: It doesn't sound true to me =)
mircea_popescu: never ascribe to nefarious agencies that which can be adequately explained by nefario's stupidity.
___Atlas___: By any measure of sovereignty, Britain is still a monarchy.
___Atlas___: The Queen can do whatever she wants without any police intervention
pigeons: yes the queen of england shut down glbse
Azelphur: true story, she told me at dinner
assbot: [MPEX] [S.MPOE] 16800 @ 0.00037245 = 6.2572 BTC [-]
assbot: [MPEX] [S.MPOE] 10300 @ 0.00037195 = 3.8311 BTC [-]
assbot: [MPEX] [S.MPOE] 30300 @ 0.00037158 = 11.2589 BTC [-]
Azelphur: with the wording, I'm kinda hoping it's a major security vulnerability that needed to be fixed
mircea_popescu: ___Atlas___ "to reach consensus in a network of computing power that validates the transactions"
Ukto: and the fact that he could predict an "update" saturday
Ukto: means its not a code thing
Ukto: if it was a code thing, he would to fix it, and put the site back up when it was ready
pigeons: he means saturday like pirate means "saturday"
___Atlas___: without some goon coming in saying "play stocks"
___Atlas___: I had to endure many edit wars to get the article to where it is right now
___Atlas___: Some wanted it dedicated to bitcoin.org's shitty client
___Atlas___: not a software project managed by a 40 year old virgin
___Atlas___: who wants to get paid to make small code contributions
mircea_popescu: what's the problem if tux and whoever want ot pay gavin ?
___Atlas___: I don't want bitcoin.org having any influence over Bitcoin
Ukto: bitcoin is a commodity, not a currency
Ukto: calling it a currency causes all sorts of problems
Ukto: just saying, it is what it is
Ukto: a bitcoin is a commodity.
Ukto: unless someone can cite a regonized government, recognizing bitcoin as a currency, it is a commodity, nothing more.
___Atlas___: In economics, a commodity is the generic term for any marketable item produced to satisfy wants or needs.
Ukto: can data storage be a currency?
Ukto: I will trade you cow patties and use it for currency
Ukto: can we add that to the list?
Ukto: i know some stupid ppl that would trade me stuff for pocket lint
Ukto: like a broken pencil
Ukto: i am paying with my currency
assbot: [MPEX] [F.GIGA.ETF] 400 @ 0.00027772 = 0.1111 BTC [+]
assbot: [MPEX] [S.DICE] 666 @ 0.00339998 = 2.2644 BTC [+]
pigeons: we need some #btcst style enforcement here, kicks on the word nefario
pigeons: are ou wearing that black dress mircea_popescu?
rdponticelli: Anyway, the problem is: around December the only one remaining here would be assbot
pigeons: the one you wear when you pretend to be "the girl"
mircea_popescu: no, i can go just fine w/o mentioning james q dummy by hischisen name.
drekk: Dr. N(efari)o. call james bond
BTCHero: we should have all listened to the great mircea_popescu
NO_OOh: ha, yes of course I am nefarios
B0g4r7_: IMO, glbse made a mistake in trying to court these so-called "legitimate businesses" that wanted to be listed.
pigeons: don't worry, if you didn't listen to him before, or even if you did, you'll get another several chances to hear it
BTCHero: We said, but mircea_popescu the site looks so nice and user friendly
mircea_popescu: mircea_popescu, the site. coming up next, mircea_popescu, the musical.
B0g4r7_: He/they ought to have told them to look elsewhere, and continued to keep glbse in unregulated territory.
pigeons: B0g4r7_: i hear you but let's face it that isn't the issue here
mircea_popescu: B0g4r7 dude, the guy is just insane. all his "legit" talk was about STARTING A COMPANY
mircea_popescu: has fuckall to do with registering as a financial services provider.
pigeons: yeah but you still can't afford another domain
pigeons: yeah and you're a gypsy too
NO_OOh: maybe if someone registered on your site and paid the 20bitcoin you could afford a new domain
asa1024: porn and stocks - what more do you want?
pigeons: how many registrations to afford a web designer?
NO_OOh: mircea_popescu: really? when did that change?
Doffx: Can I have a free account mircea_popescu.
PsychoticBoy: a big fat gypsy wedding, that ppl are strange, with thir kitsch looks etc
drekk: i'll never get those complaints about webdesign, tld, pr0n... it's obviously a service that works for a lot of ppl
mircea_popescu: Doffx no, but if you wait a while longer you can pay me 50 btc at 20 dolla each
B0g4r7_: Well, now we're left with a gaping vacuum where it once was.
B0g4r7_: Hardly an improvement IMO.
Doffx: Ill give you .50 btc for an account today.
mircea_popescu: Doffx i'll give you .3 of that for your wife. if you don't have one get one we can talk.
pigeons: anyway there's some of those usagi scamassets on mpext
drekk: guess the reason for having a high fee is to keep amateur traders out. i actually appreciate that
mircea_popescu: PsychoticBoy you don't know how it feels like to have trades executed within the second
B0g4r7_: Most everything was listed with glbse.
B0g4r7_: Now all that stuff is inaccessible.
B0g4r7_: Specifically I wanted to buy into ASICMINER, and now I can't (easily).
Doffx: Ok, ok, ill give you .45 for an acount today.
PsychoticBoy: I hate gpg, I only use it in some emails, because its not user friendly
mircea_popescu: problem is not that gpg is not psychoticboy friendly. problem is yu're not gpg friendly
Doffx: Its pretty easy to use though, whats difficult about it?
mircea_popescu: poor people in africa. you're all welcome to your own ghetto.
Doffx: Are you using windows?
B0g4r7_: It's hard to make cryptographic technology user-friendly.
drekk: only partially encrypting mails kinda spoils it imho. you're making it easy for a possible attacker to identify which mails are sensitive
Doffx: Ahh, yeah windows makes things more difficult
B0g4r7_: In order for it to be effective, the user needs to have more that just a basic understanding of how it works.
B0g4r7_: Or they'll do dumb things and their security will be compromised.
Doffx: What I found hard about gpg is the documentation is lacking on some of the things you need to do.
drekk: gpg4win is pretty user-friendly. ugly, but not complicated
pigeons: you only need to --encrypt --ascii --sign
B0g4r7_: "user friendly" == "user does not need to understand how it works"
drekk: B0g4r7, pretty much.
mircea_popescu: PsychoticBoy well if you have kleo then i really fail to see your problem. you instal python and run pympex
rdponticelli: Anyway, it's useless if you got a trojan with a keylogger
drekk: B0g4r7, you should be familiar with be basic concept of publöic/private key encryption
B0g4r7_: Yes, i am drekk. But most novice users are not familiar one bit.
pigeons: it is one click for mpex "submit"
B0g4r7_: When it comes to cryptography though, a thorough understanding is required. Otherwise all a user can do is trust blindly.
B0g4r7_: Blind trust may be OK for running MS Word, but not for security-sensitive things involving lots of money.
PsychoticBoy: I will try mpex when its not that expensive, 400$ is a aweful lot
assbot: [MPEX] [S.MPOE] 21900 @ 0.00037126 = 8.1306 BTC [+]
assbot: [MPEX] [S.MPOE] 18900 @ 0.00037188 = 7.0285 BTC [+]
drekk: mircea_popescu, trojan/rootkit to do what?
rdponticelli: I won't use a fund who's administrator uses windows and refuses to use gpg, nothing personal...
mircea_popescu: drekk trojan for passphrase, rootkit for actual keyring with secret key
mircea_popescu: rdponticelli well he does some gpg, he idents in otc for instance
drekk: mircea_popescu, dunno what you mean. :D i was just talking about the possibility for a mitm to tell which of your mails are the important ones, if you only encrypt those
rdponticelli: Not remotely enough if you're managing other people's money
drekk: decrypting it is a different thing of course
PsychoticBoy: Your choice, I will provide gpg encrypted text if you want to
mircea_popescu: drekk o o sorry, thought you meant about key compromise
rdponticelli: It's not just that. It's about maintaining a safe environment
rdponticelli: If you prefer easy of use, you're trading off security
mircea_popescu: rdponticelli seriously now, mpex is shockingly easy to use. people thinking differently are just basing themselves on prejudice
mircea_popescu: if you get them to actually try it they go uhhhh ok ?!
rdponticelli: Yeah, when you learn a couple of thing, everything is easy
mircea_popescu: i mean, i spent about an hour or so getting evoorhees set up with it. he hasn't needed help since.
mircea_popescu: same thing with some other guy, it's an hour to set up then i never hear from them again
Doffx: Ugg, thats not why people are down on Mpex, its not gpg.
mircea_popescu: which is kinda why i'm willing to help pretty much anyone through it. i know once they have it it's good forever.
rdponticelli: But it's frigthning that there's so many people unwilling to learn anything
rdponticelli: The thing is: making things right needs some effort
rdponticelli: Meanwhile, we keep relying on tools half baked, "proudly" made in 4 days...
Diablo-D3: femtotube: erm, theymos is the bitcointalk owner and a glbse shareholder
femtotube: is everyone involved with BTC a fkn thieve and a liar ?
Diablo-D3: I didnt used to believe it, but I do now
assbot: [MPEX] [S.DICE] 805 @ 0.00325001 = 2.6163 BTC [-]
femtotube: Diablo-D3: and how is that "owner" status any excuse?
assbot: [MPEX] [S.DICE] 1000 @ 0.00320002 = 3.2 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00320001 = 3.2 BTC [-]
assbot: [MPEX] [S.DICE] 3195 @ 0.0032 = 10.224 BTC [-]
Diablo-D3: femtotube: it means hes a trusted community member
Diablo-D3: mircea_popescu: not from lack of trying.
femtotube: none of them are worth any trust or respect
Diablo-D3: shit goes wrong due to outside forces, I get blamed for it by the people who could have helped prevent it
femtotube: I know all about your DMC saga, Mr Forum Moderator ;)
femtotube: I guess if you sleep with dogs, you will wake up with fleas
femtotube: I miss my coin those GLBSE assholes stole from me :(
pigeons: ou'll get 49% back i'm sure
B0g4r7_: me too. I had cold hard BTC in glbse, not securities.
femtotube: I guess all the bond issuers are ecstatic right now. No exchange, no obligations
femtotube: I transferred my coin out of this shithole when fucktard nefario was missing for 3 days
femtotube: if BTC really had a community, those fuckers be all bleeding and shitting by blood now. Starting with this asshole from Texas. Trendon Shavers or what ever.
femtotube: but now, it's just a bunch of weak and soft nerds, who start blabbering about human rights the moment some scumbags deserves to go tits up.
kakobrekla: B0g4r7_ it might be cold but it aint hard :)
femtotube: mircea_popescu: when are you going to run?
B0g4r7_: A halving of assets, to go along with the halved block reward.
mircea_popescu: femtotube funny thing, i have an investor been asking me this since about novemver
femtotube: Good thing is, it's really easy to buy your scalp in Romania :)
femtotube: cost almost nothing to get you all be boxed up and everything.
mircea_popescu: femtotube so your idea of security is, spending more money on the guy that ran off with your money ?
rdponticelli: mircea_popescu: When you run, your shareholder would take part of the bootie :p
mircea_popescu: why do i have to run tho ? i'm lazy. can't i just sit here forever and take everyone's money ?
assbot: [MPEX] [F.GIGA.ETF] 2800 @ 0.00027772 = 0.7776 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 13318 @ 0.00027772 = 3.6987 BTC [-]
assbot: [MPEX] [S.MPOE] 34458 @ 0.00037065 = 12.7719 BTC [-]
assbot: [MPEX] [S.MPOE] 31142 @ 0.00037034 = 11.5331 BTC [-]
B0g4r7_: Worst descriptive url truncation ever.
drekk: mircea_popescu, nope. sent a PM in the forum to Kumala once regarding VCE. never got an answer
drekk: yea. i like both services pretty much, but again the old prob: lack of communication (skills)
drekk: seems glbse downtime gave them a boost tho :)
Eisenhower34: glbse? is that the Stock Market who ran with all those ... I think its called bitcoins
drekk: those were the days...
Eisenhower34: "Secret ways to turn her on" ... who wouldnt click that email :)
Eisenhower34: too many dicks and not enough pussys in that picture...
Diablo-D3: mircea_popescu: man, why do you even have that imgboard
Diablo-D3: theres not even anything shocking on it
mircea_popescu: Diablo-D3 i made a buncha shit romanians didn't have cause they were retarded
BTC-Mining: [17:14] <Eisenhower34> glbse? is that the Stock Market who ran with all those ... I think its called bitcoins
BTC-Mining: So the exchange has been offline for one day and already it's 100% sure the bitcoins are gone?
assbot: [MPEX] [S.MPOE] 27558 @ 0.00037034 = 10.2058 BTC [-]
assbot: [MPEX] [S.MPOE] 9242 @ 0.00037012 = 3.4206 BTC [-]
BTC-Mining: Well unfortunately, even if there was a theft, there's only a fractions of the funds available on GLBSE.
BTC-Mining: It depends. Unfortunately for the would be theft.
mircea_popescu: the large problem here is this : with the exception of *maybe* two items the btcv value of glbse paper is now 0.
mircea_popescu: BTC-Mining and nobody's putting it back in to buy glbse insecurities.
BTC-Mining: So GLBSE's website is down for less than 24 hour and already it's the worst theft/scam/apocalypse in Bitcoin history, everything is worth 0, everything spontaneously combusts to never return?
drekk: pretty awesome, right :)
Ignatius-otc: BTC-Mining, that was yesterday...today, pitchforks
mircea_popescu: it's not one isolated event, it's the final explosion of a series of explosions
dub: I win at trolling on the road
dub: some poor bastard just got my ticket
BTC-Mining: ... are everyone self-proclaimed prophets now that they all hold absolute truth and knows what will happen?
BTC-Mining: We don't have the slightest idea why GLBSE is down currently.
gribble: nefario was last seen in #bitcoin-assets 1 week, 4 days, 1 hour, 34 minutes, and 41 seconds ago: <nefario> Those assets are not listed or traded anymore
BTC-Mining: Ok, I guess when one of my favorite non-bitcoin website is down, it's because all the USD is gone.
BTC-Mining: "Learn why intelligent people do amazingly stupid things when caught up in speculative edevorse."
gribble: Best bid: 12.821, Best ask: 12.89937, Bid-ask spread: 0.07837, Last trade: 12.89939, 24 hour volume: 30528, 24 hour low: 12.51, 24 hour high: 12.97
BTC-Mining: Yes, speculation... but according to each bitcoin prophet (50% of bitcointalk's population), their speculation is always fact.
assbot: [MPEX] [O.BTCUSD.P150T] 800 @ 0.33112668 = 264.9013 BTC [+]
Eisenhower34: so you know from some secret source that GLBSE BTC are really gone? as you say its a fact now
dub: nefario announced in the secret channel
mircea_popescu: i dunno. i see the bias towards "it's the end" very reasonable given that there was no notice whatosever.
BTC-Mining: I have no idea if any coins were stolen, if GLBSE is coming back up or if it's just really bad judgement from Nefario who just omitted giving any information.
dub: he took the money, using it for a sex change
BTC-Mining: I'll at least wait to see the situation concretize itself before claiming anything as a fact.
mircea_popescu: BTC-Mining if one day you go to this corner shop in your neighbourhood and it's ust closed. no notice no anything
Eisenhower34: but you said yourself that its a fact now that GLBSE BTCs are gone
dub: he is leaving his wife and marrying genjix
BTC-Mining: I'll assume the shop owner might be sick, or suddenly died, as there's no notice he's closing shop.
Eisenhower34: someone may say that to the others who only read the board
BTC-Mining: And wait to see if a relative picks it up, if the owner comes back, or if anything else happen.
BTC-Mining: I mean, a place being closed unexpectedly is cause for wonder about what might have happened.
mircea_popescu: countdown to someone posting in forum that nefario is dead (100% fact) in 5, 4, 3...
Eisenhower34: we dont have do wonder anymore ... you said yourself Nefario is dead and the coins have been stolen...
BTC-Mining: Yeah, it's just one of many speculative idea brought forth, not a fact. That's the problem with the forum. Speculations/hearsay are distorted/presented as facts.
Eisenhower34: did you say soemthing you were not allowed to say?
dub: I like the panic in theymos thread
dub: THERE ARE BACKUPS RIGHT???11
BTC-Mining: No, no, actually, the fact is, everyone in Bitcoins are actual insane and placed in an institution. Bitcoins are all but a figment of their imagination that started with one of the patient shouting the word "Bitcoin". It's true.
dub: nefario is intersango and they dont know about backups
Eisenhower34: nefario is intersango .... and nefario is dead ... and the btc are ... we are screwed
dub: its cool, sounds like rapeghost has raped a backup of his own
Eisenhower34: ok ... starting with the words "According to BTC-Minings secret source ... "
drekk: 50 shades of nefario
mircea_popescu: You can still see it like that, since there is a lack of information... but what I see is exactly what I had predicted: GLBSE was a highly illegal business and Nefario was just a crook working in conspiracy with other crooks... and one of them was theymos - the admin of this forum, who owned 23% of GLBSE - had anyone of you known about it?
dub: the whole community has been taken by a cabal of limey grifters
rg: theymos has been milking btc from Btalk
rg: dont you remember when i made that stink
rg: about him claiming to be non profit
BTC-Mining: The remaining of the shares he sell are from other holders also exiting.
rg: yte he couldnt prove any of the money actually went to the forum
dub: rg: clearly it doesnt
BTC-Mining: Probably because they don't want to take part in a regulated GLBSE
rg: forum with 0 costs, accepting donations
rg: for 'operating costs'
BTC-Mining: theymos personally owns about ~7% of the shares.
dub: it cant handle 500 users
rg: its very wel known mtcox pays for bitcointalk's hosting
assbot: [MPEX] [O.BTCUSD.C110T] 571 @ 0.26373924 = 150.5951 BTC [-]
rg: so they dont pay that
dub: if you were paynig for that you are retarded
rg: all the admins are volunteers
rg: he's easily taken in 10k btc from the forum
rg: for this forum software that's 'coming out in the future'
BTC-Mining: Well technically, the whole amount is still growing with donations and offered as a bounty.
rg: (as if its not obvious enough)
rg: you cant say you're a non prfit
rg: when you're not a fucking non
dub: also, they sell advertising
rg: EXPENSIVE advertising
dub: and don't have ANY costs
rg: we used to advertise on btalk
rg: after paying him for like 2 weeks
rg: i was like .. no amount o clients is worht this
dub: DOIN IT FOR THE COMMUNITY BRAH
rg: might as well pay google
rg: yeah the community has seen 0.00 btc from theymos
dub: do we have an estimate of how much btc is tied up in glbse?
rg: he just lies and claims they are
rg: on his donation begging page he says hes a non profit
BTC-Mining: dub: I think the other holders of GLBSE know more about that.
rg: mircea_popescu: like a year ago
rg: when i made this stink
rg: which is worth 50% more now
mircea_popescu: dude, if i ran the forum i'd expect to be paid. it's only natural.
rg: and im fine with that
rg: but dont claim to be a fucking non profit
rg: it is AGAINST THE LAW
rg: to say you're a non profit
dub: at this point, I would be shitting brixx if I had issued an asset
rg: nefario is going to sort everyhting out
rg: if he actually was in trouble for glbse
rg: all he' dhave to do is transfer it to someone else
jcpham: black-bagged off to egypt?
dub: yeah because that would magically get him out of jail
rg: hes obviously not in jail
BTC-Mining: [17:52] <dub> at this point, I would be shitting brixx if I had issued an asset
rg: i have full confidence in nefario
BTC-Mining: Issuers have the money OUTSIDE glbse. They don't keep it on GLBSE, they need to use it.
jcpham: i no longer have full confidence in anyone
dub: BTC-Mining: working out great for goat
jcpham: do we want to go there
rg: oh i dont need full confidence
rg: like you wouldnt be afraid to leave me alone with your lil sister
dub: admit it, he's dead and you've already raped his ghost
jcpham: i wouldn't leave you alone with any kids
BTC-Mining: Well money is mostly safe outside GLBSE at least.
jcpham: i would donate blood or semen for you, though
femtotube: rg: you probably can not even get it up any more... LOL!
dub: BTC-Mining: it sounds like you're saying, 'hey, I already have their money, lol'
BTC-Mining: I'm saying it can't be stolen, even if it ends up being a hack.
femtotube: I guess all the bond issuers are ecstatic right now. No exchange, no obligations
femtotube: same for those shares in imaginary Co's
BTC-Mining: Also there's supposed to be backup plans in place. Hopefully if Nefario is gone, which is purely speculative, the other owners of GLBSE can at least give us the info needed to pay out people.
dub: BTC-Mining: you might have a little problem with a lot of angry bond holders?
femtotube: do not start with this contract BS. Do you think they really give a shit?
dub: I agree with BTC-Mining anyway. Hopefully Nefario is gone.
femtotube: BTC-Mining: a plan? Those damn shareholders have no idea wtf is going on. There is no plan
mircea_popescu: dub well yes, he does have a problem. actually all things considered i think he;'s pretty calm.
BTC-Mining: They don't know what's going on, which does not mean they don't receive a daily backup or anything.
mircea_popescu: BTC-Mining did you have a contingency plan for glbse going down ?
dub: mircea_popescu: yeah, as Iwas saying, issuers should be shitting brix
BTC-Mining: No. What about MPEx? What do you have in place supposing you die tomorrow?
mircea_popescu: but more's the point : now you know how glbse shareholders feel
BTC-Mining: But I've seen bigger things than GLBSE go down without notice without people going crazy over it within 24 hours.
mircea_popescu: so many things went to shit past 3 months people are hysterical
BTC-Mining: The whole Bitcointalk community seems to be standing on the edge 24/7 since forever.
BTC-Mining: Eh, yeah... Pirate is one of the worst thing to have happened to Bitcoins.
BTC-Mining: Not to count the waves of bad amateur "ponzi" offers that appeared from new members right after the news headlines about Pirate.
mircea_popescu: fact of the matter is, and we have to face this, the infrastructure was not ready.
mircea_popescu: people thought (wrongly) glbse is good enough, and ppl thought (wrongly) nefario is good enough.
mircea_popescu: they were good enough, for sums up to 100 btc and sunday casual mmorpg play.
mircea_popescu: once things expanded a little the structural weakness collapsed.
mircea_popescu: BTC-Mining no. because of 2 months of continuous bullshit by now.
mircea_popescu: like allowing canadian ticket buying "mining operations".
BTC-Mining: At least it doesn't seem like Nefario wanted to approve some issuers as trustable and others as not trustable. He didn't want that responsibility I think.
BTC-Mining: Eh, the problem is that since it's centralized, he had the ability to intervene and people put pressure on him left and right and things started to change.
BTC-Mining: Ideally we'd just have a peer to peer stock market that anyone can issue on.
mircea_popescu: this is the definition of safety in nucet : plan well, stick to plan.
BTC-Mining: It would have been easier if he lived in China and not in the UK however.
BTC-Mining: Eh, me neither, but apparently, not as much as a lack of rule than those rules not being enforced.
assbot: [MPEX] [F.GIGA.ETF] 217 @ 0.00027772 = 0.0603 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 2316 @ 0.00027772 = 0.6432 BTC [-]
BTC-Mining: Well let's at least wait until Saturday and see if Nefario ran into legal trouble or the SEC wants to clawback ponzi earnings at the only place they can intervene (centralized system like GLBSE).
BTC-Mining: Although those scenarios seems somewhat unlikely
mircea_popescu: BTC-Mining if it helps you anything, i can offer you 100 btc's hedge on the later point.
BTC-Mining: Not sure why I'd need a hedge on 2nd point
BTC-Mining: I never really invested in Pirate. Assuming that's what happens, I'd get funds frozen until accounting is figured out.
BTC-Mining: Also, knowing how good Nefario is with PR, I wouldn't be surprised if he reappered soon after the silent week all surprised about seeing everyone in a panic and announcing he just completed rolling out GLBSE v3. He's so deep in his work sometimes he seems oblivious at what people would expect to be said upfront.
BTC-Mining: That would probably be a mindblowing hit to his PR...
BTC-Mining: If it was something completly benign and he simply felt too busy to announce it in details
mircea_popescu: people'd prolly go on about how this is all a last minute cover-up
mircea_popescu: Oct 01 01:47:42 <mircea_popescu> Obsi ty, but it doesn't seem like anyone has a choice. glbse is going away. now's everyone's change to learn gpg.
mircea_popescu: Oct 01 01:47:43 <Bugpowder> I don't think GLBSE is going to survive
BTC-Mining: This is the current effect on bitcointalk's community of recent events.
assbot: [MPEX] [S.MPOE] 4017 @ 0.00037188 = 1.4938 BTC [+]
assbot: [MPEX] [S.MPOE] 25702 @ 0.00037224 = 9.5673 BTC [+]
assbot: [MPEX] [S.MPOE] 27481 @ 0.00037338 = 10.2609 BTC [+]
BTC-Mining: Because people are allergic to anything happening out of the daily routine by now.
gribble: Best bid: 12.82, Best ask: 12.84796, Bid-ask spread: 0.02796, Last trade: 12.84798, 24 hour volume: 29553, 24 hour low: 12.51, 24 hour high: 12.97
B0g4r7: I'm surprised nothing's up on betsofbetco.in about the glbse situation.
B0g4r7: Ppl should be betting like mad over this.
BTC-Mining: Because GLBSE is down so no bitcoins to vote?
B0g4r7: Maybe the site's just too slow. The last time I submitted a statement it took days to get approved and posted.
rdponticelli: If that's the case, most chances are that when you have a statement posted, it's already solved
B0g4r7: You sure are a fan of these Roman numeral-based lists, aren't you?
rdponticelli: This is bitcoinland, everything is thunderspeed
B0g4r7: Everything but the BoB staff.
B0g4r7: I would bet that glbse will not be back online and executing trades by the end of Oct.
rdponticelli: In fact, my bid for glbse shares is lowering to 1 satoshi
B0g4r7: A Satoshi is the smallest possible denomination of BTC?
B0g4r7: (I'm asking, I don't know)
assbot: [MPEX] [F.GIGA.ETF] 6200 @ 0.00027772 = 1.7219 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 850 @ 0.21008905 = 178.5757 BTC [-]
BTC-Mining: Who buys GIGA.ETF when GLBSE is down and GIGA.ETF won't upgrade to TERAMINING?
mircea_popescu: maybe they're banking on the theory that giga will have to be listed somewhere
BTC-Mining: aye... but GIGA can't jsut resell the hardware once again on MPEx... or list for that matter.
BTC-Mining: The proof GIGA.ETF had rights to any proceeds is now offline.
BTC-Mining: Even if he did such a thing as reissuing, GIGA.ETF would hold no value
BTC-Mining: no proof would be left GIGA.ETF held anything?
BTC-Mining: So only the new issue would hold any value.
mircea_popescu: i think even if glbse never comes back we might be able to reconstruct some chain of ownership
assbot: [MPEX] [F.GIGA.ETF] 13500 @ 0.00027771 = 3.7491 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 15000 @ 0.00027771 = 4.1657 BTC [-]
BTC-Mining: Mircea said it would not upgrade to TERAMINING in any case.
BTC-Mining: Yes. I haven't really asked about that tho.
mircea_popescu: i said there's not going to be any shareholders-pay upgrades
pigeons: BTC-Mining: i believe giga will pay mircea_popescu to pay coupons on GIGA.ETF
pigeons: i think you'll have a much harder time getting paid for your glbse GIGAs, although I believe he will honor those too
mircea_popescu: im sure he'd honor anything once there's a list of shareholders and we can work out ownership
mircea_popescu: but in the absolute-worst-case scenario, glbse is never heard from again, this will be a mess.
mircea_popescu: i think actually it should be "illegal" to have an exchange w/o gpg from now on.
pigeons: i think one of glbse's partners has decided to make things difficult for him and the earliest maybe coins will begin to move is october 12th
mircea_popescu: i mean... it's just asking for trouble. how do you delist ? how do you cover the endgame ? it's irresponsible.
pigeons: i think in the heat of the moment, nefario made a move to secure the usd backing of the coins when they were not returned and has made things much more difficult
pigeons: if you are looking to file suit against glbse you will not be eligble for repayment
pigeons: threats are taken serious by my internet lawyer. a few of you will find out just how serious i mean.
BTC-Mining: Wait mircea, how much is MPEx valued at?
assbot: [MPEX:S.MPOE] 1day: 0.00035988 / 0.00036937 / 0.00037408 (1787481 shares, 660.25 BTC), 30day: 0.00034 / 0.00038742 / 0.00042 (64897398 shares, 25,142.71 BTC)
pigeons: the page was vandalized though there is a scary freak at the top
pigeons: oh i thought that could help him value mpex
mircea_popescu: actually it was 4800 btc but only 500mn shares are issued
mircea_popescu: (because of the way mpoe works with nonvoting stock you can never sell > 50% of any comp)
markac: SyntaxError: invalid syntax (<string>, line 1)
mircea_popescu: pigeons i was having fun with watching it in romanian leu right ? cause share price went up in btc, btc went up in usd, usd went up in ron
B0g4r7: Tell us how MPOE is different from GLBSE such that it is unlikely to suffer the same kind of problems.
BTC-Mining: Yeah, but suppose you have a heart attack RIGHT NOW and can't actually do those actions, who will do them. Who else has access to MPEx?
B0g4r7: Specifically with regard to jurisdiction and regulatory intervention, are you located in a place that is less jackbooted than the UK?
BTC-Mining: or anything which would unexpectedly render you unable to perform said actions.
pigeons: oh that's cute, you call it your cto
pigeons: ok as long as -pr has no access to the site
assbot: [MPEX] [F.GIGA.ETF] 200 @ 0.00027771 = 0.0555 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 481 @ 0.0002777 = 0.1336 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 3400 @ 0.00027769 = 0.9441 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 8800 @ 0.00027768 = 2.4436 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 10300 @ 0.00027766 = 2.8599 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 6200 @ 0.00027761 = 1.7212 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 10600 @ 0.00027715 = 2.9378 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 13300 @ 0.00027144 = 3.6102 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 10900 @ 0.0002561 = 2.7915 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 464 @ 0.00023469 = 0.1089 BTC [-]
B0g4r7: GLBSE bet submitted. Now let's see how long it takes BoB to approve and post it.
B0g4r7: "For this statement to be false, on November 1 2012 at 12:00 AM UTC, the gblse.com website must be online and accessible to internet users, users must be able to log in, and users must be able to execute both buy and sell trades on the listed securities. At least 5 securities must be listed."
smickles: jeez, 30 minutes per confirm :|
assbot: [MPEX] [S.MPOE] 13200 @ 0.00037338 = 4.9286 BTC [+]
smickles: midnightmagic: will you place a bet on that ?
thoa_afk: there are some weird bets at BoB -.-
midnightmagic: smickles: No, there are too many possible technicalities.
midnightmagic: For example, it completely leaves out all the pre-existing assets that users currently "own".
midnightmagic: So what happens if glbse just arbitrarily steals everyone's assets? I mean who wins the bet then?
BTC-Mining: Seems like the bet is already won? I don't know.
BTC-Mining: Well at least theymos claim Nefario has completly cut relations with other GLBSE owners
rlynao: you will claim your assets and run on mpex?
B0g4r7: Well that bet got moot fast. Oh well.
copumpkin: mircea_popescu: your competition dying a horrible death
knotwork: Maybe instead of everyone sharing one fate it would be better to put each asset-issuer on a separate server just for their assets and no one else's?
copumpkin: mircea_popescu: as an MPOE shareholder, I demand that you bring back the unicorn
BTC-Mining: Mircea is not interested in what's being issued on GLBSE, except maybe a few things...
copumpkin: BTC-Mining: doesn't matter, less competition is better for him
mircea_popescu: i'd like to have SOME competition. what i don't like is people thinking glbse was competition
teek: what in the actual fuck
pigeons: yeah i liked the unicorn too
mircea_popescu: at this point im guessing i will take deadterra off my ignore
mircea_popescu: once he submits a gpg signed apology for his idiocy yest
teek: copumpkin: at how it is actually going down.. yeah i guess i am
copumpkin: I've maintained that nefario is a bit of a clueless hack for months now
copumpkin: but I'm a nice guy so I don't usually put it in those terms
pigeons: i thought he was a bit of a clueless hack, but this is harmful
B0g4r7: This what I call Epic Fail.
BTC-Mining: Hey, plenty of madness over here in the forum
BTC-Mining: At this rate, no single bitcoiner will be left trusting anything.
BTC-Mining: Withdrawals will require giving your identity
B0g4r7: I do believe that's a big fat Scammer tag I see headed Nefario's way.
pigeons: he's shutting down, what does he need your ids for
pigeons: there is one reason. not like it wasn't likely this would happen.
B0g4r7: Because he's flipped and is working for those who pwned him, perhaps.
BTC-Mining: FSA might have put it's nose in the case...
assbot: [MPEX] [S.MPOE] 3519 @ 0.00037338 = 1.3139 BTC [+]
assbot: [MPEX] [S.MPOE] 39881 @ 0.00037384 = 14.9091 BTC [+]
smickles: so, what's this community think of 'snitches', as nef is likely one
B0g4r7: I think he deserves the cold shoulder or worse.
smickles: BTC-Mining: well, a few of us have his cell, if it's still active
mircea_popescu: Nefario: You are obviously unqualified to be anywhere near a project of the complexity of an exchange, even for play money (which I suspect BTC are, for most of you here, at least judging on behavior records).
pigeons: matthewh3 talked to him on the cell earlier today
mircea_popescu: BTC-Mining don't shittalk. mpex was fine all along, and is fine to this day.
pigeons: no one likes a gloater mircea_popescu
BTC-Mining: When did I ever say MPEx was not fine?
mircea_popescu: BTC-Mining At this rate, no single bitcoiner will be left trusting anything. <<
BTC-Mining: oh... barring some exceptions. I mean, bitcoiners tend to trust MtGox too.
dub: I turst him to turn his kids into serial killers
pigeons: i even believed nefario was a doctor
Azelphur: smickles: what's the point of him snitching exactly though?
Azelphur: I mean, nefario is UK based right?
smickles: Azelphur: avoid jail, lower fine
Azelphur: yea, I mean I know that from his side
Azelphur: but what are they even going to do to the investors?
Azelphur: unless my nicklist is bugged xD
smickles: 00:41 -!- NO_OOh [~james@cpc24-seve20-2-0-cust342.13-3.cable.virginmedia.com] has joined #bitcoin-assets
pigeons: not the ip he has been using
dub: he's been joining with retarded nicks lately
dub: something about farting yesterday
NO_OOh: ahaha I AM NEFARIOS!!!!
B0g4r7: If you're not Nef, why do you look like him?
pigeons: its no fun berating a wall
Azelphur: smickles: I imagine if you get the who owns what shares info off them, we don't need GLBSE funds anyway
pigeons: i say it is him, let's get him!
B0g4r7: Nefario, do the right thing and return our asets without dragging us into your mess.
dub: rg: how you like him now
smickles: Azelphur: there were only a few hundred satoshi on glbse anyway
Azelphur: nothing I can't afford to loose
dub: someon quote rg sucking his dick an hour ago
B0g4r7: I have (well I guess had not) a non-trivial amount of BTC there.
Azelphur: the thing I'm curious about, say we give the nefario our info and he is snitching
Azelphur: what are they going to arrest us for?
dub: [17:53] <rg> i have full confidence in nefario
dub: [17:52] <rg> nefario is going to sort everyhting out
smickles: rg: how about that backup of the db
BTC-Mining: Unless Nefario encountered legal issues
smickles: rg: give me a list of s²cm's shareholders and ssociated amounts
BTC-Mining: You need the latest one, not a backup. Also, who will give a code to each holder so they can claim the assets?
smickles: BTC-Mining: i think the 'backup' rg has is the hd of the server
mircea_popescu: and incidentally, the last backup available is the registry of record
B0g4r7: My deposit address could be my code.
B0g4r7: Since I already have that.
BTC-Mining: erhm... people sometimes deposit from address they don't control
assbot: [MPEX] [F.GIGA.ETF] 16400 @ 0.00021321 = 3.4966 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 18800 @ 0.00021085 = 3.964 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 10000 @ 0.00018002 = 1.8002 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 4000 @ 0.00018001 = 0.72 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 151188 @ 0.00018 = 27.2138 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 16075 @ 0.00002002 = 0.3218 BTC [-]
B0g4r7: The address I sent my BTC to to deposit it into glbse.
assbot: [MPEX] [F.GIGA.ETF] 186388 @ 0.00002002 = 3.7315 BTC [-]
dub: <nefario> I'm creating the future of bitcoin!
smickles: mircea_popescu: do you think this will affect the btcusd exchange rate?
B0g4r7: dub: <nefario> I'm creating the future of bitcoin! <-- Sad if true
gribble: You have not yet rated user nefario
Azelphur: I wonder if nefario is planning on posting an update today
rdponticelli: Glad nobody took my bid of 1 satoshi for glbse shares
BTC-Mining: according to theymos, he kind of cut the bridges
smickles: ;;rate nefario -1 seems to have broken contracts and screwed over many people for his own ass
gribble: Error: For identification purposes, you must be identified via GPG to use the rating system.
smickles: ;;rate nefario -1 seems to have broken contracts and screwed over many people for his own ass
gribble: Rating entry successful. Your rating of -1 for user nefario has been recorded.
Azelphur: if it comes to it, I have a real name along with bank account # and sort code for nefario.
Azelphur: I'm sure we could dox him with that :P
Azelphur: lets hope that it doesn't and he resolves this by not scamming everybody though
pigeons: he won't give back your stuff without giving your id to bad guys
Azelphur: well, by that I mean I get my money back :p
Azelphur: most of my information is actually publicly available anyway lol
B0g4r7: He scammed me, unless he changes his position.
Azelphur: so it depends on what info he actually wants
pigeons: oh which unregistered securities you bought and for how much is public?
Azelphur: I mean the other thing to note is that this is posted by theymos, theymos isn't nefario
pigeons: that is true. i would like to hear nefario's side, but i haven't
Azelphur: pigeons: yep, I've pretty much said I made a transaction every time I did in here, rofl
B0g4r7: Yes, I'm gonna wait for word straight from the horse's mouth, as it were.
Azelphur: and my real info is findable super easy given my nickname
Azelphur: everybody knows I own a boatload of S2CM, et
B0g4r7: I don't care how public or not my info is. Imposing this kind of requirement without full disclosure prior to taking my money is unacceptable.
BTC-Mining: Aye, but who knows if Nefario even has a choice?
B0g4r7: Why would he not have a choice?
pigeons: he knew this was a likely outcome when he started the exchange
BTC-Mining: The way theymos talks about it, it seems Nefario is under legal trouble.
pigeons: if he wasn't prepared to not fuck people he shouldn't have gone this far
B0g4r7: I don't care what his situation is. What he is imposing on me is wrong.
BTC-Mining: Well for one, showing himself for the world to see as the manager of GLBSE during the bitcoin conference...
B0g4r7: I myself was in a similar situation once, where I was facing criminal legal action, with the prosecutor talking about multiple years in prison, and that I could save my ass by ratting ppl out.
B0g4r7: Did I rat anyone out? No, I did not.
mircea_popescu: B0g4r7 when people aren't just pixels on the screen things work differently it seems
mircea_popescu: He is also illegally using user deposits to pay for his lawyer.
smickles: so that, if true, makes him a thief
mircea_popescu: right. and theymos has the perfect reason to lie : <insert here>
fridge: very quick to make tenuous and unsubstantiated claims
Azelphur: B0g4r7 but as I keep saying, I don't think there is any 'ratting out' going on here, we havn't committed any crimes
B0g4r7: Then you tell me wtf this "identity" business is all about.
Azelphur: he may have violated some financial regs, but this isn't exactly a big drug bust
pigeons: there is ratting out going on and you have committed what they consider "crimes"
fridge: bitcoin isn't a currency, it's a digital asset -- like a dress in second life
rlynao: send me your digital clothings pls
pigeons: and ratting you out over something minor is no less shitty than ratting you out over something major
Azelphur: I think it's likely that nefario is simply being forced to follow financial regulations
Azelphur: which means, he needs that information in order to do so
Azelphur: yea, he needs that information in order to legally shut down
Azelphur: pigeons: I keep asking this, 4th time now, and nobody has replied
Azelphur: say he does rat us out, what's going to happen?
B0g4r7: Well, fuck you Nefario. I hope you're happy with the monies you stole from me.
pigeons: what about to guys like giga?
mircea_popescu: <B0g4r7> Then you tell me wtf this "identity" business is all about. << nefario noticed it "worked" for pirate
B0g4r7: I don't know the whole pirate story. What do you mean it worked for pirate?
mircea_popescu: B0g4r7 he claimed that shit, bought him a few extra weeks of confusion
Azelphur: I think from now on if we want to do securities we should make it decentralised xD
Azelphur: perhaps even a blockchain fork for it
B0g4r7: DECENTRALIZE ALL THE TARGETS
boonies4u: i said news from him, not about him
Azelphur: He's in UK right? it is like 2am here
Azelphur: and he is scheduled for news today
Azelphur: so maybe he'll have some later in the day
pigeons: yeah, that's it, he's just sleeping
BTC-Mining: Ah, time for crazy scenario speculation then just like pirate: One of his chinese wife's relative (or his wife) got sick and he's running with the money in China to have said person treated.
mircea_popescu: "I wish I would have sold for 0.06 when I had the chance."
gribble: Best bid: 12.694, Best ask: 12.8, Bid-ask spread: 0.10600, Last trade: 12.695, 24 hour volume: 31069, 24 hour low: 12.51, 24 hour high: 12.96399
BTC-Mining: He was in China for some time, claimed to be visiting his wife's relatives
boonies4u: i think MNW when his bet was going on
pigeons: fuck, the chinese relic hunter is holding his wife captive, and needs our info for identify theft
smickles: post-hoc ergo propter-hoc (sp?) makes for some good crazy stories
B0g4r7: Maybe I can sell my glbse claim to someone who can stomach the withdrawl requirements.
mircea_popescu: B0g4r7 maybe for btc helf you folks could have a syndicate
mircea_popescu: actually, this would be the perfect way to stick it to nefario
B0g4r7: I may try and do that, but I'm gonna wait a bit first and see what happens.
mircea_popescu: make glbse go down in history for what it was : a huge selftrade platform.
smickles: everyone, sign you shit over to me, and document the tx
BTC-Mining: B0g4r7, doubt it's possible, will require an unique identity for your account.
smickles: when it's over, i'll send the stuffs back to you
smickles: I'll sign contracts for everything
NO_OOh: HEY EVERYONE LISTEN UP
NO_OOh: AND I HAVE ALL YOUR MONEY
assbot: [MPEX] [S.MPOE] 39300 @ 0.00037146 = 14.5984 BTC [-]
assbot: [MPEX] [S.MPOE] 900 @ 0.00037145 = 0.3343 BTC [-]
NO_OOh: AND IM NOW LIVING IT UP ON THE ISLE OF WHITE
mircea_popescu: ;;later tell theymos you're disgusting, you know that ?
B0g4r7: Does anyone have channel logs from when (if) Nefario was on irc previously, and can you check if the host matches?
B0g4r7: Not even close I guess?
dub: maybe nefarios wife got sick of hime saying LIKE all the time and left, so he needed the money to mail order another one
boonies4u: i'm surprised my loan to invest in mining ops and hardware actually was fulfilled, even after I announced that I would be delaying its activation due to glbse going down
BTC-Mining: [12:53] * nefario (~james@92.40.253.69.threembb.co.uk) has joined #bitcoin-assets
boonies4u: I don't want to wake him up *cough cough*
BTC-Mining: it's 3 am in the UK, phone probably off
boonies4u: my guess is that voicemail is full anyways
assbot: [MPEX] [F.GIGA.ETF] 89300 @ 0.00004046 = 3.6131 BTC [+]
assbot: [MPEX] [S.BVPS] 371 @ 0.0034151 = 1.267 BTC [-]
assbot: [MPEX] [S.BVPS] 1000 @ 0.0034007 = 3.4007 BTC [-]
assbot: [MPEX] [S.BVPS] 18 @ 0.00340069 = 0.0612 BTC [-]
assbot: [MPEX] [S.BVPS] 450 @ 0.00339771 = 1.529 BTC [-]
assbot: [MPEX] [S.BVPS] 521 @ 0.00338559 = 1.7639 BTC [-]
assbot: [MPEX] [S.BVPS] 300 @ 0.00338521 = 1.0156 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 43312 @ 0.00007229 = 3.131 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 12000 @ 0.00010894 = 1.3073 BTC [+]
boonies4u: nefario sure is comiong off as pathetic
noagendamarket: needs a security innuers collective to start a new site
boonies4u: giga is a good guy, he'll work with you
Bugpowder: I wanted to make a private placement with him
mircea_popescu: Bugpowder o lol remember when you sold f.gigia.etf cause you wanted to hold on glbse ? :D
Bugpowder: who would have though t that Romania was an advantage
mircea_popescu: Bugpowder why do you think i'm here lol. for the pussy ?
boonies4u: hey gigavps how long does delivery of a bfl single take?
assbot: [MPEX] [F.GIGA.ETF] 10000 @ 0.00010894 = 1.0894 BTC [+]
pigeons: it did when the unicorn was there
noagendamarket: it looks lie a cross between my little pony and geocities
mircea_popescu: i am still puzzled by the bias of idiocy in bitcoinland.
BTC-Mining: Eh, MPEx is awful eyesight/usability wise.
mircea_popescu: people regularly shittalk the actual correct solutions
boonies4u: text based glbse looks better than mpex
mircea_popescu: people regularly back the scammers in spite of piles of evidence
mircea_popescu: i mean it's practically a deathwish or something of the sort.
pigeons: its actually great on eyesight, usabilty is fine but i grant you its easier to not use pgp than to use it. but its more usable than glbse waiting 2 min between loads
noagendamarket: I hope you never regged the domain or the servers using a credit card
boonies4u: mircea_popescu: no, cloudflare is shit
mircea_popescu: i was just about to add you to my long and growing list of people i ignore.
boonies4u: because I was blaming the shitty load time on cloudflare?
boonies4u: by complaining about glbse's load time?
mircea_popescu: no. by failing to understand that bad load time is a killer in this discussion
pigeons: all you IBB holders get ready for guantanamo
boonies4u: i will let you know when 30 btc is acceptable
BTC-Mining: Ah, I guess I regret giving you ASICMINER shares to short mircea
mircea_popescu: do you not know there's kids rubbing off furiously to fantasies of them getting gitmo'd tonight ?
boonies4u: so has anyone vanished since glbse went down?
pigeons: boonies4u: usagi has been quiet and was a little upset
Azelphur: I'm just watching the GLBSE talk atm, he's sitting there talking about how he works on it full time, and there are people who are working full time on it
Azelphur: I wonder what those people who work full time running assets are going to do
boonies4u: pigeons: yeah, i doubt he's gonna vanish cause of this though
mircea_popescu: so now i can't update my nefario rating cause i don't want to lose my position as first to have negged him.
rdponticelli: Nice thing is that visionaries can see what is happening in retrospect
BTC-Mining: Nothing left so far... assuming shareholder lists go out... what to do?
mircea_popescu: BTC-Mining well, i'll give you 10 BTC which is admittedly more than market value and you sign a gpg receipt renouncing any claim on that contract.
pigeons: #assets-otc therocktrading.com cryptostocks.com
BTC-Mining: You wanted to short it, you keep the benefits.
Azelphur: haha holy crap, he's talking about my loan!
mircea_popescu: BTC-Mining hey, it's more of an academic exercise. i'd like to do the full circle trade in contracts
mircea_popescu: to show how it works. it's why i'm offering over market.
Azelphur: I feel quite honored for the mention at the conference though haha, awesome
boonies4u: i don't know much about ya Azelphur
mircea_popescu: ironically, wasn't nefario trying to convince conference atendees about how scammy mpex is ?
BTC-Mining: I have GIGA.ETF shares now... someone sold into the bids when GLBSE closedown was announced =/
Azelphur: what's interesting though is everyone is calling him a scammer, he repaid that loan in full, with interest
mircea_popescu: Sep 16 01:13:36 <nefario> mircea_popescu: would you like me to mention you or mpex?
mircea_popescu: BTC-Mining don't worry,. when i get kyc done i'll pass info along
smickles: mircea_popescu: should I start one of those, 'all yous who told mpoe-pr to shove it when she was telling you glbse was a scam, come here and apologise" threads?
mircea_popescu: well not everyone, but the sort that don't like mpex, invest in ponzis, think business = website + domain name etc.
BTC-Mining: People were angry she invented fact/misquoted them/passed rumors as facts. Not her actual claims.
smickles: i'm wrong often and admit it often enough. luckily i'm usually wrong about trivial things
smickles: like how many km is rivendel away from the source of the river it banks on
assbot: [MPEX] [S.MPOE] 100 @ 0.00037145 = 0.0371 BTC [-]
assbot: [MPEX] [S.MPOE] 29100 @ 0.00037144 = 10.8089 BTC [-]
smickles: I couldn't even google that question.
smickles: I had to break out my 1st edition LOTR
noagendamarket: why would you register a fucking bitcoin site using a credit card
assbot: [MPEX] [F.GIGA.ETF] 30165 @ 0.00003037 = 0.9161 BTC [-]
smickles: (yeah, that's me bragging about having a first edition fellowship of the rings ;)
pigeons: ooh that is a nice book to have
assbot: [MPEX] [F.GIGA.ETF] 110635 @ 0.00003037 = 3.36 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 54900 @ 0.00004451 = 2.4436 BTC [+]
gribble: Best bid: 12.68888, Best ask: 12.68899, Bid-ask spread: 0.00011, Last trade: 12.689, 24 hour volume: 27683, 24 hour low: 12.51, 24 hour high: 12.89999
Bugpowder: I'm surprised we haven't seen a 'pirate' style selloff in coins
Bugpowder: I guess anyone that paid attention to this shit already sold their coins or lost them
Bugpowder: First 7-day mining growth contraction in months
BTC-Mining: I think everyone is now back to hoarding.
Diablo-D3: bitcoin just wasnt ready for what I was offering
Diablo-D3: and now thanks to nefario, it never will be
smickles: Diablo-D3: how would this stop a bitcoin company going public on a 'legit' exchange?
rdponticelli: Come on, if your plan was sustainable, you can keep going with it anywhere
Diablo-D3: smickles: because there arent any.
Diablo-D3: rdponticelli: because I no longer give a shit.
Diablo-D3: if someone wants to take the plan and do it themselves, they can
smickles: Diablo-D3: um, amex, nyse, nasdaq?
Diablo-D3: smickles: like I said, there arent any.
Diablo-D3: smickles: goldman sachs. your turn.
smickles: Diablo-D3: all I meant is an exchange that complies with regulations, GS is not an exchange
Diablo-D3: smickles: no, but GS makes me question the legitimacy of the entirety of wall street.
smickles: Diablo-D3: ok, there goes nyse, how about the american stock exchange, or cboe
assbot: [MPEX:S.DICE] 1day: 0.0032 / 0.00334331 / 0.00339998 (20466 shares, 68.42 BTC), 30day: 0.0032 / 0.0033745 / 0.0034 (1798868 shares, 6,070.29 BTC)
Bugpowder: Kludge : When Nefario blackmailed me & the IceHill team by saying he'd unlock our securities if we allowed a swap option, he kept writing "equity steak." I've never forgiven him for repeatedly writing "steak" -- if nothing else, he needs a scammer tag for that.
Bugpowder: If Kludge is slamming your finance knowledge.....
smickles: there's also an exchange in kansas city that I know of
Diablo-D3: Some people are born businessmen, I'm not one of them.
smickles: all legitimate 'merican exchanges off wall street
smickles: if you don't care, Diablo-D3, why make a statement like youdid?
noagendamarket: actually you can sell a bitcoin mining company through the pink sheets market legally if you have a broker
rdponticelli: We should start the great facepalm prize of bitcoin
smickles: noagendamarket: good point, i hadn't thought of that
smickles: just sell to an acredited investor
rdponticelli: It would be nice to have some hardware if yu want to sell a mining company
smickles: noagendamarket: not that i know for sure, but arn't brokers a subset of accredited investors?
mircea_popescu: <Bugpowder> If Kludge is slamming your finance knowledge..... <<< this.
rdponticelli: I'll make an exchange who would only deal with pink shits
smickles: do we have any licensed brokers in the chan?
rdponticelli: But maybe my pink shits exchange will be to alike to glbse... :s
noagendamarket: you can have porivate companies with less than 500 investors
Bugpowder: did you learn that from reading facebook stories, noagendamarket
smickles: that's why s2cm is considering that alternative
smickles: Bugpowder: it's also on the sec website, laws and regulation section
Diablo-D3: I think maybe Im glad I got out when I did
Bugpowder: I learned about it from stories about the facebook IPO
Diablo-D3: at least I managed to buy back half the shares while I could
noagendamarket: the jobs act increases the number of investors to 2500
smickles: if only GLBSE had given asset issuers the info required for regulation D exemption
smickles: noagendamarket: only for certain types of offerings tho, right?
Diablo-D3: smickles: yes, maybe if nefario wasnt a mouth breathing greedy fucktard, none of this wouldnt have happened
noagendamarket: it didnt help that nefario registered eveything using a credit card
smickles: a mouth breathing greedy fucktard can still be compliant and successful
toffoo: smickles: yes, formerly
smickles: mircea_popescu: noagendamarket is really JCD
assbot: [MPEX] [S.MPOE] 26251 @ 0.00037384 = 9.8137 BTC [+]
assbot: [MPEX] [S.MPOE] 15049 @ 0.00037389 = 5.6267 BTC [+]
noagendamarket: no...they are good for some things but not regging an illegal stock exchange server lol
mircea_popescu: ok, so if you pay your server bills cash-in-mail and always lick the envelope counterclockwise while reciting the solomon creed you're magically protected from ill and harm ?
noagendamarket: it probabluy helps if you dont approach the FSA and tell them youre running an unregistered stock exchange
smickles: mircea_popescu: i saw a guy get ticked for taking tomatos off of a sandwich and throwing them in a trash can
Diablo-D3: because rome is illegal and is a terrorist state in violation of international law
smickles: it's a law in vegas to curb the bird population at the landfill
mircea_popescu: smickles ridiculous. so what do i do with the tomato, feed it to the cop ?
pigeons: yeah i don't think using a credit card to register the site is nefario's problem
Diablo-D3: its some place they made up to film movies
smickles: mircea_popescu: no, you're supposed to order the sandwich w/o tomatoes
Diablo-D3: seriously, a town of illegal, yet legal, gambling joints ran by the mob, I mean, legitimate businessmen, filled to the brim with illegal, yet legal, prostitutes
smickles: mircea_popescu: well, it is vegas
mircea_popescu: boonies4u in europe it's kinda accepted practice by now.
Diablo-D3: smickles: do you know what the real world is?
Diablo-D3: its a dirty filthy place where theres no blinking lights or jobs or food or any of that shit they portray
Bugpowder: The real world is Vanguard yearly dividends paying out on 9/21
smickles: so far as I know, you must assume that this world is real
BTC-Mining: Can the end of the world really be in 2012? Please? It seems it would solve everything.
Diablo-D3: if the world ended this year, I would not complain
pigeons: yep, no dick clark to ring in 2013
Diablo-D3: I think its time we just turn the place off and go home.
smickles: Diablo-D3: I've got a cousin who lives in vegas. I've been there several times, it's fairly well like any other place in 'merica
Diablo-D3: I hope its a race of female aliens that want to kidnap the men.
Diablo-D3: you dont have to tie me up! I come willingly! wait, you know what I mean
boonies4u: some shit will go down, because people are going to do stupid shit in december
pigeons: i just hope mormonism really was the right answer
noagendamarket: it will be funny if you can only escape on their ship if you give them bitcoins
boonies4u: self-fulfilled prophecy and all that
rdponticelli: I have a prophecy: a clusterfuck is coming....
boonies4u: satoshi = the calamity from the skies
rdponticelli: Why there's always coming a clusterfuck in this damn environment?
Diablo-D3: the world already ended, we're just too stupid to see it
adamsjohn: Well, I would like to thank Usagi for making me paranoid
sgornick: So GLBSE site says "We will update our users on Saturday." and theymos' message is Saturday (UTC) at Today at 12:00:57 AM.
Diablo-D3: I'd like to thank bitcoin for making me reaffirm my faith in paranoia
Diablo-D3: I used to believe that no one could be trusted because everyone is just a bunch of greedy bastards
Diablo-D3: then I found bitcoin and thought maybe I was wrong
mircea_popescu: they had a board meeting or shareholder meeting or homeless meeting or w/e they do
rdponticelli: But then you wasn't right when you thought you was wrong
BTC-Mining: Theymos announcement is after the GLBSE owners meeting
Diablo-D3: rdponticelli: its called "false hope"
BTC-Mining: He probably planned to give an explanation himself today, after said meeting...
BTC-Mining: Diablo-D3, anonymous currency... greedy bastards issues would of course be worse.
boonies4u: so, it's likely we're not going to be hearing anything new from nefario?
BTC-Mining: On the other hand, free, unregulated transactions.
boonies4u: I think everyone is trying to kill you atlas
Diablo-D3: I wanted to believe in something important once in my life and not be jaded about it and actually really think it would succeed
BTC-Mining: Ok, I'll make a guess at what Nefario's announcement will be:
Diablo-D3: its not logical to think things will be different
pigeons: "i need your ID cause, legal stuff"
Diablo-D3: but I thought maybe just this one time it would be
smickles: I killed a couple of bunnies once, they tasted good and made nice mococins
gribble: Best bid: 12.689, Best ask: 12.729, Bid-ask spread: 0.04000, Last trade: 12.689, 24 hour volume: 27746, 24 hour low: 12.51, 24 hour high: 12.89999
BTC-Mining: [22:45] <BTC-Mining> Ok, I'll make a guess at what Nefario's announcement will be: "Ok, so yeah, I'll give a code list for every asset, hmm... It was kind of boring me, hmm... also won't listen to other GLBSE owners as they technically don't officially own anything since GLBSE was not registered anywhere and hmm... yeah, they can have this old code I guess. So I'm kind of just going to
BTC-Mining: go ahead and do a regulated exchange... but now by doing all this shit I'll need a lawyer's advice so... well yeah, I fetched Bitcoins in the users' deposits. The other owners of GLBSE I just screwed can pay you back that. I don't care about GLBSE anymore."
BTC-Mining: Well Atlas, as long as we can get asset holders lists, at least not everything would be lost.
BTC-Mining: Just the value of assets would be screwed by the hardship of exchanging them.
BTC-Mining: Well look at GLBSE, asking for standard trading fees... their monthly income was measly.
____Atlas_____: If he just pretended he didn't get the message and refunded everyone
BTC-Mining: Mistake #4: Showing his face publicly as GLBSE CEO at Bitcoin Conference for the whole Internet to watch.
BTC-Mining: Lucklily all BTC-Mining funds are held by Amazingrando...
BTC-Mining: Actually, most operations being mining, funds were not on GLBSE.
mircea_popescu: i just have trouble keeping up with who's left standing.
____Atlas_____: BTC-Mining, if you get your share holder info back, you'll be set
BTC-Mining: I'll probably buy out small holders, I'll have a hard time managing shares individually.
assbot: [MPEX] [S.MPOE] 16800 @ 0.00037354 = 6.2755 BTC [-]
smickles: mircea_popescu: "BTC doesn't care about the SEC. MPEx rules!" > "BTC doesn't care about the SEC. MPEx.us!" is better
BTC-Mining: I still liked GLBSE's platform however...
BTC-Mining: But like I said to nefario, I found him a poor decision maker.
rg: one would start to wonder if the companies listed on the exchanges are impervious to threat
rg: will they go after the exchange only
____Atlas_____: They can come after me. I wish them luck seizing my brain wallets.
rg: if they came after me
rg: id probably pay out the asset
assbot: [MPEX] [S.BVPS] 450 @ 0.0027501 = 1.2375 BTC [-]
B0g4r7: y'all keep saying "glbse is illegal", but what's that really about?
BTC-Mining: Pretty much anything publicly traded is illegal in almost every country if not registered.
B0g4r7: Illegal by US regulatory law maybe where they're obsessed with having their fingers in everything, but that's just US...
smickles: free-ist country in the world o/
B0g4r7: I don't think the participants minded or felt they were doing anything wrong.
BTC-Mining: He was in China visiting his wife's relative not too long ago.
pigeons: all other countries are run by little girls
B0g4r7: Or were wronged, except by scammers.
BTC-Mining: He should have stayed in China forever.
B0g4r7: But it's a free market, caveat emptor.
Ukto: I blame a lot of things, for a lot of things
noagendamarket: I woulda returned all btc befiore speaking to a lawyer. Just sayin.
B0g4r7: Mmm, too bad my sig's not for sale. Others have tried.
B0g4r7: I like the sound of it tho.
Ukto: smickles: finally doing pretty good
mircea_popescu: Fact. The owner of MPEX has attempted to sell NSFW photos of herself.
B0g4r7: Anything for a Satoshi.
mircea_popescu: i think more peoplethan we realise actually hear voices in btcland.
assbot: [MPEX] [F.GIGA.ETF] 25267 @ 0.00003266 = 0.8252 BTC [-]
assbot: [MPEX] [F.GIGA.ETF] 21790 @ 0.0000406 = 0.8847 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 32030 @ 0.0000406 = 1.3004 BTC [+]
assbot: [MPEX] [F.GIGA.ETF] 56900 @ 0.00005676 = 3.2296 BTC [+]
sgornick: So if GLBSE is doing a similar foreced exit like what was done for goat, ... how did that work? Completed already? Where?
smickles: Ukto: good to hear, especially on such a day as today
sgornick: Of all the security breaches that have happened, wouldn't now be the right time for GLBSE's DB to be leaked so that issuers can wind down properly?
mircea_popescu: sgornick if someone would be kind enough to leak it, please sign it first.
pigeons: actually probably the best outcome
pigeons: btc doesn't care about the law, mpex high school football rules!
boonies4u: deregulating is only okay when the GOP does it
sgornick: So, let's just say BitFloor, which reported their hack to the FBI, has turned over its DB [don't know if they did, just listing the possibility] and GLBSE's DB has found its way to regulators. How little anonymity for Bitcoin is left?
bitcoinbear: I never used bitfloor, so that wouldn't hurt my anominity
pigeons: mircea_popescu: except eavesdroppers know what keyid is making orders, and then they know what orders from the feeds
pigeons: that doesn't change what i said
B0g4r7: forum's offline again. what, are they running it on Windows?
mircea_popescu: pigeons admitting someone has been eavesdropping (how ?)
assbot: [MPEX] [S.MPOE] 3100 @ 0.00037354 = 1.158 BTC [-]
pigeons: well the eavesdropping we know is not difficult and happens. for example the country i live in is monitored and supposedly recorded
____Atlas_____: pigeons: The NSA records all communications going in and out of the US. What else is new?
B0g4r7: And plenty that never touch the US.
mircea_popescu: pigeons but still, you could at least in theory use tor
bitcoinbear: damn, just started reading the thread by Theymos about GLBSE closing. Damn.
assbot: [MPEX] [S.MPOE] 13633 @ 0.00037354 = 5.0925 BTC [-]
assbot: [MPEX] [S.MPOE] 33623 @ 0.00037144 = 12.4889 BTC [-]
assbot: [MPEX] [S.MPOE] 14100 @ 0.00037105 = 5.2318 BTC [-]
assbot: [MPEX] [S.MPOE] 19454 @ 0.00037012 = 7.2003 BTC [-]
assbot: [MPEX] [S.MPOE] 59300 @ 0.0003695 = 21.9114 BTC [-]
assbot: [MPEX] [S.MPOE] 54916 @ 0.00036944 = 20.2882 BTC [-]
assbot: [MPEX] [S.MPOE] 13400 @ 0.00036924 = 4.9478 BTC [-]
assbot: [MPEX] [S.MPOE] 25892 @ 0.00036891 = 9.5518 BTC [-]
assbot: [MPEX] [S.MPOE] 38300 @ 0.00036889 = 14.1285 BTC [-]
assbot: [MPEX] [S.MPOE] 40300 @ 0.00036886 = 14.8651 BTC [-]
assbot: [MPEX] [S.MPOE] 56099 @ 0.00036858 = 20.677 BTC [-]
assbot: [MPEX] [S.MPOE] 33900 @ 0.00036843 = 12.4898 BTC [-]
assbot: [MPEX] [S.MPOE] 32600 @ 0.0003684 = 12.0098 BTC [-]
assbot: [MPEX] [S.MPOE] 7339 @ 0.00036823 = 2.7024 BTC [-]
assbot: [MPEX] [S.MPOE] 41000 @ 0.00036822 = 15.097 BTC [-]
pigeons: well using an unlinked key id is a good idea you are right
assbot: [MPEX] [S.MPOE] 39100 @ 0.00036718 = 14.3567 BTC [-]
assbot: [MPEX] [S.MPOE] 10059 @ 0.00036553 = 3.6769 BTC [-]
assbot: [MPEX] [S.MPOE] 20669 @ 0.0003652 = 7.5483 BTC [-]
assbot: [MPEX] [S.MPOE] 20969 @ 0.00036296 = 7.6109 BTC [-]
assbot: [MPEX] [S.MPOE] 29263 @ 0.00035988 = 10.5312 BTC [-]
assbot: [MPEX] [S.MPOE] 49200 @ 0.00035987 = 17.7056 BTC [-]
assbot: [MPEX] [S.MPOE] 16202 @ 0.0003594 = 5.823 BTC [-]
assbot: [MPEX] [S.MPOE] 4035 @ 0.00035729 = 1.4417 BTC [-]
assbot: [MPEX] [S.MPOE] 58205 @ 0.00035724 = 20.7932 BTC [-]
assbot: [MPEX] [S.MPOE] 63200 @ 0.00035722 = 22.5763 BTC [-]
assbot: [MPEX] [S.MPOE] 20026 @ 0.00035686 = 7.1465 BTC [-]
assbot: [MPEX] [S.MPOE] 49977 @ 0.00035685 = 17.8343 BTC [-]
assbot: [MPEX] [S.MPOE] 53800 @ 0.0003568 = 19.1958 BTC [-]
assbot: [MPEX] [S.MPOE] 12400 @ 0.00035658 = 4.4216 BTC [-]
assbot: [MPEX] [S.MPOE] 42700 @ 0.00035655 = 15.2247 BTC [-]
assbot: [MPEX] [S.MPOE] 3400 @ 0.00035655 = 1.2123 BTC [-]
assbot: [MPEX] [S.MPOE] 40800 @ 0.00035645 = 14.5432 BTC [-]
assbot: [MPEX] [S.MPOE] 21400 @ 0.00035623 = 7.6233 BTC [-]
assbot: [MPEX] [S.MPOE] 20000 @ 0.00035575 = 7.115 BTC [-]
assbot: [MPEX] [S.MPOE] 6134 @ 0.00035522 = 2.1789 BTC [-]
assbot: [MPEX] [S.MPOE] 4000 @ 0.00035501 = 1.42 BTC [-]
assbot: [MPEX] [S.MPOE] 38100 @ 0.00035498 = 13.5247 BTC [-]
assbot: [MPEX] [S.MPOE] 15800 @ 0.00035447 = 5.6006 BTC [-]
assbot: [MPEX] [S.MPOE] 45900 @ 0.00035418 = 16.2569 BTC [-]
assbot: [MPEX] [S.MPOE] 58000 @ 0.00035372 = 20.5158 BTC [-]
B0g4r7: That's a chatty bot. It can't summarize?
assbot: [MPEX] [S.MPOE] 372805 @ 0.00035 = 130.4818 BTC [-]
pigeons: but if it ever gets linked to you, all your trade history is known to the eavesdroppers from timing correlation of trades
mircea_popescu: pigeons if you always use the same system to trade, or at any rate one he can eavesdrop
smickles: it's possible, but not likey given the cost
pigeons: anyway, glad i always register my securites
mircea_popescu: so a combo of tor + whatever public libraries you have around should pretty much make you as anon as practically useful.
mircea_popescu: pigeons in practical terms it'd prolly be cheaper for them to break into the server and get the db than to futz with correlating trades over an extended period of timne
pigeons: yeah i'd just send a girl to your house
assbot: [MPEX] [S.MPOE] 60714 @ 0.00035 = 21.2499 BTC [-]
assbot: [MPEX] [S.MPOE] 39286 @ 0.00035 = 13.7501 BTC [-]
mircea_popescu: "We will do everything in our power to make the process of moving off GLBSE as smooth as possible"
BTC-Mining: Silly mircea, I though theymos made it quite clear.
B0g4r7: No talk of the dreaded "papers"
mircea_popescu: BTC-Mining i guess that shows you how much trust i put in theymos.
pigeons: that's better than expected. provided people actually get the btc and asset accountings
boonies4u: "We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves."
mircea_popescu: We will begin retuning bitcoin once we have recieved all coins from the GLBSE treasurer that manages the GLBSE cash reserves.
bitcoinbear: So they say they are returning funds right away, will we be able to log in and give a bitcoin address?
BTC-Mining: apparently and apparently said info will be sent to asset managers
sgornick: Doesn't say anything about photo id.
pigeons: As of today the earliest estimated time that coins can begin moving is Friday, Oct 12th.
B0g4r7: Way to shift the blame.
sgornick: Page was cached .. had to hit Reload ..
mircea_popescu: so nefario is giving theymos a scammer tag on glbse.com
B0g4r7: Only one tag will see the light of day.
B0g4r7: My BTC still have not moved out of the glbse cold wallet.
B0g4r7: Current balance is 674.04804691 BTC
B0g4r7: yea, pirate made out way better.
gribble: Nick 'B0g4r7', with hostmask 'B0g4r7!~b0g4r7@h-98-134-26-221.ip.alltel.net', is not identified.
B0g4r7: in terms of amount thefted.
B0g4r7: How do I identify on this thing anyway. I guess it;s not the nickserv identify.
pigeons: you can just tell me, i trust you
B0g4r7: Is the rating system separate per channel?
gribble: Error: "guide" is not a valid command.
boonies4u: this is like youtube poop meets squirrel king
gribble: Error: "guide" is not a valid command.
B0g4r7: PKI huh...I'd thought this all lived within IRC.
smickles: B0g4r7: most of the commands work wherever gribble is
B0g4r7: I found I can /msg gribble.
BTC-Mining: So yeah, I bought 534 Gigamining shares for about 16 BTC apparently.
assbot: [MPEX:F.GIGA.ETF] 1day: 0.00002002 / 0.00011046 / 0.00028006 (1103574 shares, 121.90 BTC), 30day: 0.00002002 / 0.00042347 / 0.00087369 (12060030 shares, 5,107.12 BTC)
B0g4r7: Roulette's based on a six-shooter?
gribble: *BANG* Hey, who put a blank in here?!
fridge: are there other stock exchanges?
smickles: mircea_popescu: how many giga in the etf?
smickles: boonies4u: it's 'cause he's not an op right now
BTC-Mining: Seriously, I bought 534000 F.GIGA.ETF out of 1000000 for around 16 BTC
mircea_popescu: BTC-Mining so if it ever comes back you've made like what, 400 btc or so
smickles: ya kako, get with the times already you dirty hippy
BTC-Mining: If issuers get a list of holders, I get a lot.
gribble: Best bid: 12.6871, Best ask: 12.7, Bid-ask spread: 0.01290, Last trade: 12.6871, 24 hour volume: 27802, 24 hour low: 12.51, 24 hour high: 12.89999
BTC-Mining: and maybe mircea will actually pay me back my ASICMINER shares =/
mircea_popescu: James McCarthy, White Rock Cottage, Hacketstown, Carlow, IE.
mircea_popescu: That's a real house in Ireland, owned by Frances Hackett, email "mccarthyfrances@gmail.com".
BTC-Mining: Yes, but it will be hard to set a price for them to pay the 1% monthly for borrowing them to short.
mircea_popescu: 1% of average price of ASICMINER during the 5 days prev
mircea_popescu: ious as reported by GLBSE, except should there be no trades during the previous
BTC-Mining: Ah, true, I forgot GLBSE was mentioned.
BTC-Mining: I only recalled 5 days average of trades.
BTC-Mining: And assumed if it traded non-publicly...
BTC-Mining: Although since it's as reported as GLBSE or pay nothing then I guess we're all set for that.
assbot: [MPEX] [S.MPOE] 65200 @ 0.00036639 = 23.8886 BTC [+]
BTC-Mining: That clause however does not require the asset to be traded on GLBSE.
BTC-Mining: So if shares are still trading, I'd expect to get them back. Although it might be hard to find a seller without GLBSE.
assbot: [MPEX] [S.MPOE] 3435 @ 0.00036375 = 1.2495 BTC [-]
assbot: [MPEX] [S.MPOE] 32168 @ 0.00036903 = 11.871 BTC [+]
assbot: [MPEX] [S.MPOE] 52000 @ 0.0003696 = 19.2192 BTC [+]
assbot: [MPEX] [S.MPOE] 12397 @ 0.00037389 = 4.6351 BTC [+]
assbot: [MPEX] [S.MPOE] 18469 @ 0.00037408 = 6.9089 BTC [+]
assbot: [MPEX] [S.MPOE] 6300 @ 0.0003749 = 2.3619 BTC [+]
assbot: [MPEX] [S.MPOE] 41328 @ 0.00037492 = 15.4947 BTC [+]
assbot: [MPEX] [S.MPOE] 33903 @ 0.00037508 = 12.7163 BTC [+]
BTC-Mining: Either non-publicly or moved to a new exchange.
mircea_popescu: i'd say that with the dissapearance of glbse, "ASICMINER" as referenced is no longer trading.
BTC-Mining: Well yes, it states trading, not publicly trading. It would also not be discontinued.
BTC-Mining: Simply delisted from GLBSE due to it's closure.
BTC-Mining: A stock exchange going away/delisting assets does not void said assets.
BTC-Mining: Eh, considering everyone who'll want to sell their hard to trade shares, they'll probably be cheaper to acquire than if GLBSE was still around.
mircea_popescu: but in order for them to be trading they do have to be.. trading
BTC-Mining: Yes... let's see about that if anything actually happens for issuers to manage the assets outside GLBSE.
BTC-Mining: Sad thing tho, telling my curious relatives what I was doing and my numbers (I was making a hefty profit trading on GLBSE with the constant price swings), kind of got them interested in it.
BTC-Mining: My young sister ended getting funds on GLBSE the day before it closed.
BTC-Mining: Aye, kept telling it's damn too risky.
smickles: I am, don't you know what inb4 means?
markac: Generally used on internet forums, inb4 refers to a user posting a reply to a message/topic "before" another user posts an obvious response. When used appropriately, inb4 is followed by a word or shor
BTC-Mining: Hey, she doesn't have much money at all either, you know students.
mircea_popescu: did she get her money OFF glbse or had she just deposited ?
BTC-Mining: I don't even know how much she deposited, I'll have to call her.
BTC-Mining: [00:25] <BTC-Mining> My young sister ended getting funds on GLBSE the day before it closed.
BTC-Mining: Notice the "gettings funds on GLBSE" part
BTC-Mining: I would probably have ended up managing the BTC however.
BTC-Mining: I doubt so... how much did Usagi deposit?
BTC-Mining: He went drunk, or at least a bit like goat.
BTC-Mining: Posting oddly forumlated text and being incoherent.
B0g4r7: Couldn't have been much. Their last sweep into the cold wallet on Oct 4th totaled 165 BTC and change.
BTC-Mining: Also, what will I do if I can't trade on the large price swings and price difference from GLBSE?
____Atlas_____: You might want to consider making an independent stock exchange
B0g4r7: On the moon or in orbit maybe.
BTC-Mining: Not long before going back to the UK for the bitcoin conference
BTC-Mining: Nefario was in China visiting his wife's relatives.
B0g4r7: or, as ppl have been saying a lot, on tor.
smickles: have a series of drones keep the server airborn in internationaly territory
B0g4r7: Sounds good. Kinda like the riverboat casinos.
BTC-Mining: Make a freakin' floating fortress you mean!
B0g4r7: And gliders and balloons.
smickles: you can program them to pass off the server to an freshly charged one and return to a recharging station
B0g4r7: All you need is the data link to the surface.
B0g4r7: I suppose you could use 802.11esque gear.
B0g4r7: If they hung out low enough.
BTC-Mining: You could also simply buy out an island nation...
B0g4r7: I guess the atmosphere doesn't really extend but a few miles up, no?
B0g4r7: Shouldn't be a problem.
B0g4r7: Islands can be assaulted.
smickles: let's get elon musk to buy bitcoin a sat-net
smickles: bitcoin, first currency of the last frontier
B0g4r7: A distributd redundant skynet is much more resiliant.
smickles: i'm going to make one of those arduino quadcopter drones and program it to find water, find a good spot, drop in a line, hook a fish, and brink it back to me
B0g4r7: I routinely deploy wife-esque PtP and PtMP radio links up to 20 miles using not-so-expensive gear. Seems workable tecchnically if the whole flight thing works out
B0g4r7: And coverage is dense enough.
B0g4r7: "I need to wait for one to fly over to send this transaction" lol.
smickles: I want a darknet where network nodes are automatically compensated in BTC for legit traffic
assbot: [MPEX] [S.MPOE] 31300 @ 0.00037506 = 11.7394 BTC [-]
B0g4r7: A distributed FS, based on bittorrent-style p2p, incorporating BTC.
smickles: it's what the internet should be, by the people, for the people
B0g4r7: Run a node, host content, get paid BTC.
B0g4r7: Wanna be sure your content's replicated and available? Pay a few Satoshis.
BTC-Mining: And I'd want efficient governments who don't have to forbid activities simply because protecting people and separating harmful activities from non-harmful ones would be too hard if said activities were not forbidden.
BTC-Mining: I doubt governments could be as efficient however.
smickles: well, B0g4r7 i think there would still be hosting companies
BTC-Mining: If they'd at least get all their paperwork informatized...
B0g4r7: Sure, companies could do it just as individuals could.
B0g4r7: But no, the idea is to be fully decentralized.
B0g4r7: Anyone can host, anyone can publish.
B0g4r7: Pay some BTC, and your publication gets replicated by those who collect that same BTC.
B0g4r7: Need some BTC? Put some storage and bandwidth to work running a node and collect some.
BTC-Mining: Hey... if we could at least get things done centrally... like changing our address for all government bodies at the same place...
smickles: B0g4r7: think nanobtc tho, with a system like what we're talking about, the cost of bandwith drops to near zero
BTC-Mining: Have some online portal to manage our citizen-government relation...
B0g4r7: well, yeah, BTC was a generalization.
BTC-Mining: Things would get much more efficient...
gribble: Best bid: 12.674, Best ask: 12.7, Bid-ask spread: 0.02600, Last trade: 12.674, 24 hour volume: 27944, 24 hour low: 12.51, 24 hour high: 12.89999
BTC-Mining: Silly governments still mostly paperwork...
B0g4r7: Then individuals could vote on individual issues instead of relying on elected reps to do this for them.
B0g4r7: Uh oh, that's dangerous talk.
BTC-Mining: Very inefficient medium to store information.
smickles: oh my, you ever get a good wiff of balls and it smelled good?
____Atlas_____: BTC-Mining: Asian countries have had such systems for awhile
BTC-Mining: I'd agree with B0g4r7... it could also, theorically, be possible for the whole population to vote an all issues...
assbot: [MPEX] [S.DICE] 350 @ 0.00339994 = 1.19 BTC [+]
B0g4r7: Yeah, if they cared enough to login and do it.
B0g4r7: If they didn't, oh well, they didn;t weigh in, but they will have had their chance.
BTC-Mining: Atlas... I would vertainly love too...
B0g4r7: Atlas, what systems are you referring to?
B0g4r7: The one described above?
____Atlas_____: It's like how law and ID systems should be in the 21st century
smickles: anyone here want to/can do an mtgoxusd->ing p2p, i see an arb op
BurtW: mircea_popescu: are you still here?
____Atlas_____: I keep having these dreams of being on elevators that go side-to-side, up and down in these large futuristic office complexes
____Atlas_____: Then people get on and we talk in this weird foreign language
____Atlas_____: Then I get off and follow a woman and she gives me her phone number
____Atlas_____: One of these days I am going to decipher, remember it and call it
B0g4r7: I remember it from my own dream about 12 years back.
BTC-Mining: And hear the most soul chilling voice of pure evilness answers, telling you truths that would have preferred to never hear about?
BTC-Mining: So you can then ponder why you called.
____Atlas_____: "Glenn Beck raped and murdered a little girl in 1999."
____Atlas_____: Honestly, I wouldn't mind that. I already hear ghosts whisper in my ear at night. I am already going batshit insane.
BTC-Mining: Yeah... I think there's more scary than that...
B0g4r7: "in a world gone mad, sanity's no real sign of health"
____Atlas_____: I am pretty confident my sanity is in tact though. These probably are real entities trying to contact me.
____Atlas_____: Anecdotal evidence shows it happens to a lot of people.
B0g4r7: Ever watch the first Final Fantasy movie, The Spirits Within?
B0g4r7: It had that kind of a thing, communication in a dream.
BTC-Mining: ghosts? Wouldn't it be schizophrenia? Common symptom is auditory hallucinations.
B0g4r7: I saw a doc on Tesla, and it said that's where a lot of his ideas came from.
____Atlas_____: BTC-Mining: Meh, there are usually more symptoms than this.
B0g4r7: He's get a "flash from beyond", and knew that he had to bring it into being in the physical world.
B0g4r7: boom, fantastic invention(s).
BTC-Mining: Eh, there's all sorts of levels of symptoms for such things. Sometimes you only get a few if it's mild.
smickles: damn, I just spent 5 min. logging into liberty reserve, only to find that I left nothing there
____Atlas_____: B0g4r7: Several hypnotherapists will confirm that's how most innovation happens.
____Atlas_____: Apparently Earth and humanity is one of the lowest forms of sentient life in the universe.
B0g4r7: Seemingly there are things above.
B0g4r7: I suppose it would be naive to assume that there are not.
gribble: Best bid: 12.674, Best ask: 12.71001, Bid-ask spread: 0.03601, Last trade: 12.71001, 24 hour volume: 28057, 24 hour low: 12.51, 24 hour high: 12.89999
____Atlas_____: Meanwhile, the complete dumbass continues to ruin the page
B0g4r7: What Would Jimmy Wales Do?
____Atlas_____: Probably spew some dribble about values, integrity and consensus.
____Atlas_____: And how even the lowest form of life deserves wasted effort when it comes to crap on a wikipedia page.
____Atlas_____: Then he wonders why most articles don't have "good status"
BTC-Mining: [01:03] <____Atlas_____> Apparently Earth and humanity is one of the lowest forms of sentient life in the universe.
BTC-Mining: [01:03] <____Atlas_____> Apparently this is the very definition of hell.
midnightmagic: Yeah, right. China is more free than UK? I guess, if you're willing to risk the wrath of the oligarchs.
____Atlas_____: midnightmagic: That's only if you bother the politicians
mircea_popescu: ____Atlas_____ that means "if you don't make any money"
mircea_popescu: this consumer culture. you think you chose ? why'd you choose. you're the cow.
smickles: mircea_popescu: well, that day was my brother and sister's birthday. we had a party
____Atlas_____: If you are capable of making money, you have value. You just have to use it to your advantage.
midnightmagic: That's an amazing ass you have, it sounds almost it can talk..
mircea_popescu: sure it can. but it can't be aquired by just about anybody.
midnightmagic: Mobs tend to have trouble operating in a totalitarian regime where both the government and the people hate them in equal measure, and the death penalty takes basically one annoyed judge somewhere to point his finger and make half a town disappear.
mircea_popescu: midnightmagic not really true. the russians never got anywhere against their vor.
____Atlas_____: The world is absolutely rudderless. No authority is sacred.
midnightmagic: Corruption is indeed rampant in China. But the government doesn't like competition..
midnightmagic: yeaah.. Just because something pops into your head and you can't think of anything else, that doesn't make it true, Atlas.
noagendamarket: wonder how much bitcoin has to be before we can pay off politicians i some country
jcpham: shitbag are you talking to me
midnightmagic: At this point, since you are the one talking about needing triad protection, it's time for you to give up some evidence. Pretend I said nothing, assume I withdraw all my comments. You make an assertion. Now back it up.
____Atlas_____: midnightmagic: I am here to have a discussion and a mixture of ideas.
____Atlas_____: I am not out to prove mine but rather consider all possibilities.
midnightmagic: ____Atlas_____: In that case, I'm going to call shedanigans, and point and laugh.
jcpham: singularity events can compete
midnightmagic: Oh good grief, I started him off on one of his weird diatribes.
____Atlas_____: You see, this person is not interested in a discussion rather a social battle of sorts.
mircea_popescu: ____Atlas_____ remind me what has this to do with btc assets
____Atlas_____: that would otherwise would be pure energy-wasting whiteness
assbot: [MPEX] [S.MPOE] 14300 @ 0.0003727 = 5.3296 BTC [-]
Gladamas: Hey Atlas, you sent on LitecoinTalk that you were leaving the BTC forum, then someone named "Atlas" joined the forum. Was that you?
____Atlas_____: Gladamas: I left under the condition I remained banned
Gladamas: ah, well nice to see you back :) you really do have some good viewpoints.
Gladamas: I think some of the people mad at you are just jealous at your logic
Gladamas: You're very welcome, I mean it
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.75236384 = 752.3638 BTC [+]
assbot: [MPEX] [O.BTCUSD.P190T] 880 @ 0.66257291 = 583.0642 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 170 @ 0.19728394 = 33.5383 BTC [+]
assbot: [MPEX] [O.BTCUSD.P120T] 85 @ 0.14383845 = 12.2263 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 220 @ 0.25780139 = 56.7163 BTC [+]
assbot: [MPEX] [S.MPOE] 33400 @ 0.0003727 = 12.4482 BTC [-]
assbot: [MPEX] [S.MPOE] 20700 @ 0.00037153 = 7.6907 BTC [-]
BTC-Mining: "I assume he's spending user deposits. Maybe he's using his own money, but I don't think he has enough to cover lawyer fees. He said in the meeting that he wants BitcoinGlobal to pay for the lawyer."
BTC-Mining: That's exactly the kind of things I was talking about when people state their opinion/speculation as facts...
mircea_popescu: "His name is Nefario. How could you people not see this coming?" this is so retarded.
BTC-Mining: You don't start executing someone for murder, than investigate if he was the murdered.
____Atlas_____: He is technically already violating policy left and right
BTC-Mining: Yes, but he hasn't stolen anything... the first claim by theymos was stating it as a fact, when he was just speculating.
BTC-Mining: He hasn't been proven to have stolen anything*
BTC-Mining: It should have been stated as such that it was an opinion/guess and why
mircea_popescu: BTC-Mining things presented as fact but w/o acompanying documentation should be read as opinions.
mircea_popescu: something's not a fact by virtue of carrying a "fact" tag given by the author.
BTC-Mining: No... in my book you write them as "I think/believe/would guess that X because Y"
mircea_popescu: you can write it any way you please, but unless it's "here's so and so and here's the proof" it ain't a fact.
BTC-Mining: Not simply state X. It confuses people as having been witnessed by the claimer.
assbot: [MPEX] [S.MPOE] 6700 @ 0.00037432 = 2.5079 BTC [+]
assbot: [MPEX] [S.MPOE] 5900 @ 0.00037546 = 2.2152 BTC [+]
BTC-Mining: Well the thing is, by formulating it as a fact, one could believe theymos actually saw that funds were being moved away from the reserve.
BTC-Mining: There's a reason the english language has words such as "could, might, guess, believe, think, etc."
BTC-Mining: He later said "I assume he's spending user deposits. Maybe he's using his own money, but I don't think he has enough to cover lawyer fees. He said in the meeting that he wants BitcoinGlobal to pay for the lawyer."
____Atlas_____: I am just finding it hard to be empathic towards someone who closed down a mutually owned company without clear consent
mircea_popescu: you're comitting the exact converse of the error you protest it seems. theymos saw something, did he ?
BTC-Mining: Acknowledging he might be using his own money, and that he just claimed he stole fund because he didn't think Nefario had the money for a lawyer.
mircea_popescu: now look. if i go into a house with a girl and come out with a body
mircea_popescu: well that's the problem. you haven't, but in your place i have.
BTC-Mining: Okay... so assuming you didn't see what you think you saw and there was no body, you'd go around claiming a murder?
BTC-Mining: I'd probably report it stating I saw someone carrying what seemed like a body out of a house.
BTC-Mining: I state what I see for what it is. If I'm just speculating, I'd present it as such.
FabianB_: in any case and whatever happend, nef should've known there's lots of negative gossip in the community if there are no clear statements from him, lol
mircea_popescu: BTC-Mining when you look at your computer do you see something that seems like a screen
BTC-Mining: Because I can see it up close and I know it to be a screen.
BTC-Mining: Eh... you'd want a distance at which I'd claim or not claim to have seen something?
mircea_popescu: fact of the matter is, knowledge is always assailable from a purely nominalist perspective.
____Atlas_____: I try to look at the relevance of right and wrong in this case
BTC-Mining: Yes. But that you decide to claim what you saw or not as a body, you still can't say you witnessed a murder.
mircea_popescu: BTC-Mining for the same reason you decide you saw a screen i decide i saw a murder.
BTC-Mining: You could reasonably assume a murder was committed.
mircea_popescu: the reason natural languages are natural is that you always have to begin communication by negotiating terms.
mircea_popescu: there's never going to be a workable version were we instantly understand what the other means just by reading the words
BTC-Mining: But you saw a body being carried out. As such you cannot claim that you saw the person carrying said body murdered someone. You can only guess or propose said person as the probable murderer.
mircea_popescu: i never claimed i saw the guy murder someone. i just claimed i saw a murder.
BTC-Mining: You can state the first as a fact, and the second as a proposition
BTC-Mining: Okay. So in your example it's fine then.
mircea_popescu: yes, but it only becomes fine after you overcome your initial interpretation of what i said
BTC-Mining: But theymos, on the other hand, apparently didn't saw anything.
BTC-Mining: But theymos still stated like it was set in stone "He is also illegally using user deposits to pay for his lawyer."
mircea_popescu: well theymos is also an idiot. i was just using this as a convenient example.
BTC-Mining: Well the whole argument was about how how presenting an opinion/guess as a fact is bad if you didn't directly witness the fact, as it creates confusion for the listener.
mircea_popescu: yeah. moreover, about how there's little choice in the matter : you're always going to create confusion. it's part of communication.
BTC-Mining: or at least that's what I was stating until you interupted me to say that anything presented as a fact is an opinion.
BTC-Mining: Yes, always going to be some confusion.
____Atlas_____: A fact is merely a unified vision of an arbitrary number of individuals.
mircea_popescu: which is why we don't take forum shit *that* seriously. to keep our sanity.
BTC-Mining: I'm simply stating I'm quite astonished at the sheer amount of hearsay/opinion/etc. presented as facts instead of for what it is...
BTC-Mining: When I'm talking to people in person, I'm used to people being much clearer and honest about what is their opinion and what they claim as facts.
mircea_popescu: BTC-Mining you probably spend a lot of time in an academic environment.
midnightmagic: Wittgenstein thought that most of what people say to one another is never fully understood.
BTC-Mining: I suppose according to stereotypes, that makes perfect sense...
____Atlas_____: As a absurdist-nihilist, it's hard for me to get into these kinds of arguments.
midnightmagic: mircea_popescu: Every conversation he had was apparently full of, "But what do you MEAN?" At least according to this book I read called "Wittgenstein's Poker"
reeses: Wovon man nicht sprechen kann, darüber muss man schweigen.
mircea_popescu: .tr :en :de of the crooked reeses of women no straight cock was ever made
markac: mircea_popescu: "der schiefe reeses der Frauen nicht gerade Schwanz war jemals gemacht" (en to de, translate.google.com)
____Atlas_____: I teach you the overman. Man is something that shall be overcome. What have you done to overcome him?
____Atlas_____: All beings so far have created something beyond themselves; and do you want to be the ebb of this great flood and even go back to the beasts rather than overcome man? What is the ape to man? A laughingstock or a painful embarrassment. And man shall be just that for the overman: a laughingstock or a painful embarrassment...
reeses: god just shut up you shallow, twee, fool
reeses: if I had a soul, it would thank you
reeses: ____Atlas_____: I hear you like to try to kill your failure by killing your body
reeses: it’s not an option if you refuse to take it
reeses: then it’s just a chomskyan pseudo-option
assbot: [MPEX] [S.MPOE] 37400 @ 0.00037153 = 13.8952 BTC [-]
assbot: [MPEX] [S.MPOE] 20900 @ 0.0003711 = 7.756 BTC [-]
____Atlas_____: There are many options that we do not exercise immediately.
____Atlas_____: If that is the case, I happily accept that limitation.
BTC-Mining: Well, if you're deterministic and believe every choice you make were guaranteed by the current state and movement of matter and energy in the universe... You could say no one actually make decision, what they do is simply what every atom in they body would make them do.
BTC-Mining: eh, I'm not sure how that would work...
BTC-Mining: Eh, well I'm not very concerned about if there's anything after death and if that would possibly interact directly with the observable universe.
____Atlas_____: Assuming there is an origin of this universe, of whatever means, it could be deducted we are of that origin, we are or were a part of that origin.
____Atlas_____: but that's not clear as my body and perception remain stable
BTC-Mining: Yes... we might just as well be bored entities among nothingness who needed something to do, so we created a universe as a playground in which we would not remember having ever lived outside of it.
BTC-Mining: It's not something we can answer in any case. Kind of hard to be concerned about it when it could be anything or nothing.
BTC-Mining: You could ponder about it endlessly making as many scenarios you want, but never even come close to the reality of things.
BTC-Mining: and in the end, you have lost the only thing you were sure of, which is your current existence as a human.
BTC-Mining: Having fun is part of being human and imagination can be amusing.
BTC-Mining: What's the problem femtotube, other than GLBSE is closing down?
femtotube: BTC-Mining: ??? are you a fkn retard? I had portfolio in GLBSE and now it's all gone. Zero
BTC-Mining: Well as long as we get asset holders list, all assets are still perfectly valid even if not on an exchange.
BTC-Mining: It would be a bit harder, but I don't see why it couldn't be traded OTC style with a room he on freenode like the #bitcoin-otc
____Atlas_____: BTC-Mining: That takes some labor and time for everyone
Luceo: GLBSE is apparently going to be giving everyone enough information to continue their securities
femtotube: OTC? In community, where 99% are liars and scumbags? Are you fkn serious?
mircea_popescu: the entire thing could end up a morass of double claims
femtotube: the entire fkn forum is run by a scumbag, who wanted to dump his shares on some poor idiot with coin
____Atlas_____: Delusion is usually characterized with a false sense of reality; not accepting events as they come.
mircea_popescu: the exchange whereby joe buys a sack in which may be some potatoes in exchange for an enveolpe wherein may be some money has nothing to do with free markets.
femtotube: free market? wtf do you even know about free market? I guess nothing
____Atlas_____: In this case, theymos is free to do whatever the fuck he wants with his GLBSE stock.
femtotube: altas, jou are a cluless fuck with no real life experience. just stfup
femtotube: i rather not spend my time arguing with someone as clueless as you , atlas.
BTC-Mining: or... someone is just angry that his money is... gone
BTC-Mining: Hope you didn't have too much and too many different kind of assets femtotube then.
femtotube: Atlas you have never done anything in your life except blabbering in forums and irc. You have never invested, you have never lost or win. You are like a piece of shit on a street.
BTC-Mining: But you know, asset issuer can probably act as escrows for shares transfer.
____Atlas_____: I rather be the kind of free floater on a public urinal that got there mysteriously...
____Atlas_____: Then when the janitor comes to clean me up: He goes fuck no.
____Atlas_____: He tries to have Jose do it. Jose is like no fuck you.
assbot: [MPEX] [S.MPOE] 48100 @ 0.00037151 = 17.8696 BTC [+]
assbot: [MPEX] [S.MPOE] 15457 @ 0.0003711 = 5.7361 BTC [-]
____Atlas_____: Until some trucker comes to clean me off with his 10 gallon piss
femtotube: anyone has nefario's tel number and the address?
____Atlas_____: With this sufficiently answered, will change economics as we know it.
femtotube: and what is this ass-hat nefarios real name?
k3t3r: that address is wrong james lives in manchester
assbot: [MPEX] [O.BTCUSD.P150T] 385 @ 0.33107717 = 127.4647 BTC [-]
BTC-Mining: Yes, although is location changed a few times.
femtotube: what went wrong with my /ignore ? I still see this idiots posts.
k3t3r: though james is irish so maybe a relative
BTC-Mining: What's such a big fuss anyway, stock exchanges delist assets on occasions, it doesn't mean everything is lost, just that the asset is no longer traded on an exchange.
mircea_popescu: point being, to qualify as an exchange in that sense, there'd have to be a way for ownership to be established and verified.
mircea_popescu: atm the entire codes mess is due to the fact glbse purported to be an exchange, sold itself as an exchange, but it was merely a dumbass website, not an exchange.
BTC-Mining: What is the usual method to establish ownership?
mircea_popescu: online the gpg system might be sufficient (hasn't really been tested yet)
BTC-Mining: It seems a method will be implemented, albeit after the worse has happened.
mircea_popescu: i still dunno how they can go from (users in db) state to (independent yet verified ownership) state
BTC-Mining: login, give BTC address/email, send that to asset issuers.
k3t3r: or some other system without the ability to trade
mircea_popescu: if user X has 3 assets, you can't give his name/pw to 3 issuers
BTC-Mining: I think that's the plane, to bring an online tool for GLBSE to log on for asset holders to give their email/btc address.
BTC-Mining: No, the holder would log in on GLBSE.com. The holder would give an email/btc address.
____Atlas_____: mircea_popescu: These people are not on your level of conciousness.
BTC-Mining: Then GLBSE would email the email and BTC address to the asset issuers.
mircea_popescu: BTC-Mining i imagine the issuer to the shareholder, in your system. right ?
mircea_popescu: email traffic is neither encrypted nor is it so reliable.
mircea_popescu: you're basically sending this stuff plaintext over the wires.
BTC-Mining: So? We're no longer talking about claim codes.
mircea_popescu: so, i glbse put the website back up. all customers login, and have a set of tickboxes
BTC-Mining: We're talking about issuer receiving a BTC address of the shareholders.
mircea_popescu: of which issuers they want their email and btc addy communicated. fair enough ?
mircea_popescu: what if i come after 35 days and say i was on vacartion ?
mircea_popescu: so this completed somehow, in like a week or whatever, and everyone ticked boxes.
mircea_popescu: now, glbse distributes these lists to the asset issuers. right ?
BTC-Mining: Issuers can pay to said BTC address, at least.
mircea_popescu: i thoguht that was already sent out, we're only doing the paper.
mircea_popescu: if i have 100 btc and 3 tickers in my portofolio you plan to what, give each ticker 33 btc ?
BTC-Mining: No, funds that are not spent are to be returned to the account owner.
mircea_popescu: ok. so now, the issuers have list of email addy and btc addy.
BTC-Mining: Only the BTC address with number of shares tied to it will be sent to issuers.
mircea_popescu: if they need to pay dividends they can *claim* they paid.
drekk: don't aim too high. this is the internet & bitcoin & anonymous users after all. you won't find a smooth way to handle this like IRL. imho
mircea_popescu: except, after the 1st dividend run all customer addys are now public.
mircea_popescu: so now suppose customer X complains he didn't get dividend.
mircea_popescu: ____Atlas_____ i suggest nefario is shot, and any further cocky nitwits purporting to create this sort of messes are stripped and beaten, first.
BTC-Mining: The same could be said about GLBSE if someone claimed to have an incorrect balance on his account.
mircea_popescu: BTC-Mining no, cause it wouldn't be a game of chase among 3.
mircea_popescu: so. did glbse not give correct list, did issuer not pay all people or did guy lie about being entitled to dividend ?
BTC-Mining: The underlying issue remains the same it seems...
mircea_popescu: when more than two people are responsible nobody can be made responsible.
BTC-Mining: With GLBSe possibly giving the wrong list.
BTC-Mining: instead of GLBSE stealing shares, Nefario gives his own address for some or all shares, for example.
mircea_popescu: BTC-Mining that is an entirely diff class of valid objection
BTC-Mining: Or that would be claimed by issuer after people complain they haven't received anything.
mircea_popescu: what if nefario just fills in with his addy for all those who don't respond ?
mircea_popescu: he then will be making more by closing down glbse than he ever made running it.
BTC-Mining: Yes. Especially if afterward he close the method to submit BTC addys
BTC-Mining: Since other investors are missing then, they have no recourse, and since not all holders are publicly known, there's no way to know that.
mircea_popescu: well. so, there's a saying, "one fool thows a rock in the sea and ten wise men struggle to fish it out"
drekk: your discussion is interesting, but who'd be actually in charge to do anything like that?
mircea_popescu: he's thrown it in, fuckall knows how to get it back out.
mircea_popescu: drekk well that's ALSO unclear. nefario or theymos or "the community"
femtotube: so, what the plan to fix this mess and move on?
drekk: well if its nefario, everything dies at that point
mircea_popescu: the EXACT same blueprint. zhou and tihan = nefario and theymos
drekk: dont know what to make of theymos atm
femtotube: no, i will not because bitcoinica has nothing to do with fixing something
mircea_popescu: the mess will (in my opinion) never be resolved. ever.
femtotube: it another scam that was run by "respected" LOL! members of this "community"
mircea_popescu: femtotube the same members. nefario is an interscamgro alumni.
drekk: from now on, i'll work hard to never be respected by the community
femtotube: mircea_popescu: i understand how this makes you feel good and you can gloat now like never before
BTC-Mining: I would have other people's funds but no way to return them.
femtotube: because you are just another sociopath in this ugly BTC community
BTC-Mining: mircea, notice the usage of the word "would", pointing to the fact it's hypothetical
femtotube: mircea_popescu: no, you are romanian
BTC-Mining: I'm not talking about the why, but because you said "[04:57] <mircea_popescu> BTC-Mining mind you, this is just my opinion."
BTC-Mining: Which I was pointing out understand that by using "would"
mircea_popescu: it's a stinky situation to be in especially because you may THINK you're ok, everyone claimed, everyone was taken care of, all is good
assbot: [MPEX] [S.MPOE] 20018 @ 0.0003711 = 7.4287 BTC [-]
assbot: [MPEX] [S.MPOE] 18682 @ 0.00037054 = 6.9224 BTC [-]
mircea_popescu: so there'd have to be a statute of limitations baked in at any rate, otherwise nobody sane would accept to be part of this as an issuer
BTC-Mining: Which might be legitimate or a complete fraud.
mircea_popescu: and obviously in a decentralized currency nobody has the authority to make such a statute
BTC-Mining: Well to each system, it's advantages I guess...
mircea_popescu: i think it's a perfect lesson in practical politics, economics and law for all involved.
BTC-Mining: But are the average bitcointalk folks even able to get a lesson out of this...
mircea_popescu: well, nobody cares about average folk. experience benefits those involved.
BTC-Mining: I was pretty much saying for involved folks...
BTC-Mining: Seeing as how most seem to act around the forums.
Eisenhower34: may I ask about the topic of your conversation? whats "this" in "average bitcointalk folks even able to get a lesson out of this"
mircea_popescu: we were auditing the proposed process to get out of the glbse singularity.
Eisenhower34: So just that GLBSE is down or have there been updates about that "singularity" ....
BTC-Mining: GLBSE is not just down, it's closing definitly
drekk: wondering if/how this will affect btc/fiat exchange rates
Eisenhower34: touched pirate... it broke... touched BDT... it broke... touched MBT... it broke... and now GLBSE is done....
____Atlas_____: I mean, if a good portion believes it will go down because of this
drekk: mircea_popescu, i've come to the conclusion that everything's possible in bitcoin world :P
mircea_popescu: ya but glbse volume was something like... 3 months of glbse = 1 day of mtgox
____Atlas_____: This is what makes a market irrational at times because of a perceived irrationality.
Eisenhower34: Wondering when mtgox goes offline... thats the only online market thing where I got more bitcoins right now...
mircea_popescu: pirate's crap made a +-30% dent, but that was 500k-ish
Eisenhower34: If I would be you Id pull all my BTC out of mtgox
____Atlas_____: Eisenhower34: There's a reason I stopped daytrading today
____Atlas_____: Things are about to hit the shitter in regards to regulation
mircea_popescu: for one, contrary to what most everyone (on the forum) seems to think, sec regulation is very unlike the jackbooted thugedness everyone seems to expect.
mircea_popescu: these aren't white street cops in a black neighbourhood.
mircea_popescu: realistically they'd either put up a guideline or talk to people involved ("advise as to X Y Z")
mircea_popescu: OneEyed practically, there's no actual way to transfer authority in a btc corp
OneEyed: ____Atlas_____: theymos said that he said he wouldn't move even if he was voted out
mircea_popescu: this is why mpex doesn't even recognize the concept of shareholder vote.
OneEyed: ____Atlas_____: so as far as I know, they haven't voted him out yet
BTC-Mining: I'd say like mircea. For some reason Nefario might just want to quit altogether and isn't forced to close GLBSE. He might just be running from his responsibility as the manager of GLBSE.com
OneEyed: ____Atlas_____: so they haven't put a motion forward because of that?
mircea_popescu: ____Atlas_____ which explains to you why this is never getting resolved.
OneEyed: ____Atlas_____: do you see what's wrong here? He they put a motion and he refuses to release control of the assets, *then* he is acting openly in violation of the shareholders agreement
____Atlas_____: OneEyed: The question is the agreement can be enforced?
OneEyed: mircea_popescu: sure, but they have done nothing about it, not even a motion
mircea_popescu: OneEyed they're not particularly experienced in these things.
OneEyed: noagendamarket: did you put up a motion signed by a majority of shareholders?
OneEyed: noagendamarket: ok, so no motion was voted, so he has *not* refused to go out when facing a motion
OneEyed: So we can conclude that we do not have a majority of shareholders formally objecting to Nefario being in charge.
OneEyed: noagendamarket: of course he does matter. If he refused to hand over the database while having been removed from the board, that would probably make him liable of other illicit acts.
OneEyed: ____Atlas_____: ok, so bend over and take him deep, don't object, do nothing
____Atlas_____: OneEyed: The guy probably has a plane ticket off to China right now
Luceo: So, whos setting up a tor or p2p exchange?
mircea_popescu: OneEyed you have a solid point, but they're kids and don;t know how thigns work.
PsychoticBoy: Now glbse is closed, I will quit pumping btc in stocks etc I am quiting
____Atlas_____: mircea_popescu: You can't possibly think the legal process works most of the time
assbot: [MPEX] [S.MPOE] 35567 @ 0.0003734 = 13.2807 BTC [+]
PsychoticBoy: Nefario fucked us, If I knew this, Then I had punched him at the conference and HARD
OneEyed: PsychoticBoy: I'm really sorry for you FDBF managers, your job was examplary
____Atlas_____: mircea_popescu: A court ruling isn't going to bring your dead child back.
PsychoticBoy: If I only could go back in time and just kicked nef in the nuts at the conference
____Atlas_____: Meh, I just don't see what we could get out of Nefario if we charge him.
____Atlas_____: I guess I haven't lost enough in this case. I got most of my money out in time.
noagendamarket: single handedly ripped the guts out of the entire economy
Luceo: ____Atlas_____: Is there a better option than court at this point? I'm no fan of the state but it seems like these issues are constant at this point with no way to collect debt or deal with scammers.
____Atlas_____: Luceo: Nope. We could have gangs do our bidding but that will just bring Bitcoin to illicit level.
Luceo: ____Atlas_____: Those gangs are viable in a single locale, they're far less viable in a global market
BTC-Mining: Psychotic, technically, FDBF might still be managed without GLBSE. Only it would be excessively hard and time consuming to do so.
Luceo: Use cryptostocks or mpex :P
Luceo: This is the point though where we should be thinking about how to get the exchanges off the clearnet
Luceo: It may well have been legal issues that forced nefario's hand
____Atlas_____: I like that this happened because people are now going to take stocks seriously.
BTC-Mining: I doubt it's legal issues, albeit possible.
Luceo: ____Atlas_____: People need to take stock EXCHANGES seriously
Luceo: BTC-Mining: theymos thinks it's legal
Luceo: And he's a major partner
____Atlas_____: Ugh, they should of just hosted it in Russia where they do not give a flying fuck
BTC-Mining: Aye... but theymos stated Nefario used users deposit to pay a lawyer, then admitted he was actually just making a guess as he didn't think Nefario had the money for a lawyer and wanted one.
BTC-Mining: So I don't trust theymos' say too much.
Eisenhower34: believe? in btc? btc was a good idea but it attracts too many ... "fraud"
Eisenhower34: If Id get my BTC from pirate / glbse / BDT / mybitcointrade ... id still have 2k BTC ...
Eisenhower34: started with pirate 2 months before he defaulted
Eisenhower34: started with MBT 3 weeks before they gone offline
PsychoticBoy: I urge everyone to never work with Nefario again. A Bitcoin stock exchange is a good idea, though. I hope that someone will create something better than GLBSE and MPEx. ;; quote theymos
BTC-Mining: BTC is excellent for transacting freely over the web.
BTC-Mining: For other purposes... it carries a lot more risk. Very attractive to con artists.
PsychoticBoy: you can better sale shit on SR or BMR that way youll only earn, not lose btc
Eisenhower34: "BTC is excellent for transacting freely over the web." <- only for "maybe non legal business" and only if the other party accepts BTC
gribble: Best bid: 12.69, Best ask: 12.79978, Bid-ask spread: 0.10978, Last trade: 12.69, 24 hour volume: 21154, 24 hour low: 12.51, 24 hour high: 12.89999
____Atlas_____: It will probably do well until its server gets knocked down
____Atlas_____: "Fact. The owner of MPEX has attempted to sell NSFW photos of herself."
____Atlas_____: "Debate MPEX is managed by an untrustworthy romanian pornstar"
noagendamarket: meh if he shuts down glbse before an audit happ[ens no harm no foul lol
noagendamarket: if anyone asks "I dont know nothing" is a good response :P
mircea_popescu: "But skizzle and chop, I gotta bunny hop to the stop for three fiddy and I catch you downside. yo"
kakobrekla: jurov, what is the usercount on coinbr
assbot: [MPEX] [S.MPOE] 1111 @ 0.00037054 = 0.4117 BTC [-]
assbot: [MPEX] [S.MPOE] 17500 @ 0.00036996 = 6.4743 BTC [-]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00036965 = 0.7023 BTC [-]
assbot: [MPEX] [S.MPOE] 8889 @ 0.00036936 = 3.2832 BTC [-]
mircea_popescu: I refuse to limit myself to documents such as SECURITIES EXCHANGE ACT OF 1934.
mircea_popescu: Haven't read but I think it's safe to say ~30% of what's written in there is ridiculous and make no sense
mircea_popescu: i have read it, and i think it's a monument of sensibility.
mircea_popescu: why do people keep doing this ? and by people i mean retarded teenagers.
noagendamarket: at least nefario updated the website on saturday ...people just didnt like it lol
PsychoticBoy: I wish I was a teenager and knew what I know now
PsychoticBoy: I have one and I dont think she agrees with another ¨bird¨
gribble: Best bid: 12.69, Best ask: 12.79985, Bid-ask spread: 0.10985, Last trade: 12.69, 24 hour volume: 21166, 24 hour low: 12.51, 24 hour high: 12.89999
BTC-Mining: [06:11] <PsychoticBoy> I wish I was a teenager and knew what I know now
BTC-Mining: You mean you wish you were purchasing 1000s of bitcoins at 1 USD/1000 BTC
PsychoticBoy: I have enough coins left but lost a lot at glbse
BTC-Mining: Hmm, what was the price on BTC back then?
PsychoticBoy: bought them for the first time when they were 0.04$ a coin
BTC-Mining: I wish I heard of BTC before it started to get in the news.
BTC-Mining: So long as we can get asset management out of GLBSE
PsychoticBoy: Hope so, investors in FDBF and ABM are complaining already but hee its not MY fault GLBSE is closed
mircea_popescu: BTC-Mining ironically, my forum readers were trying to get me to check out btc for months before i finally did
mircea_popescu: sometime early 2011 / late 2010 i did check it out, happened on some paper about anonymous murder market or some bs and i went .... neeeevermind
BTC-Mining: Bitcoin is pretty much all just another of the many "failure ideas" the web constantly spawn until you actually read and understand the concept behind Bitcoins.
BTC-Mining: Then you realize it's an amazing concept.
PsychoticBoy: I do not like any other alt coin, ppcoin, ltcoin, nmcoin etc no ONLY BTC
BTC-Mining: alt coins are alts to a well established and strong first born, Bitcoins
BTC-Mining: Fun thing I decided to register on MPEx and redeem all my BitVPS shares from GLBSE > MPEx
PsychoticBoy: only the giga.etf buyers are fucked on mpex like all passthroughs
BTC-Mining: I bought 534000 shares of giga.etf earlier today =/
mircea_popescu: PsychoticBoy ya unfortunately, if it tracks a glbse asset it's screwed
assbot: [MPEX] [S.MPOE] 10545 @ 0.00036936 = 3.8949 BTC [-]
PsychoticBoy: so 1 is lucky with s.dice and another one is unlucky with giga.etf
assbot: [MPEX] [S.MPOE] 1 @ 0.0003734 BTC [+]
assbot: !ticker <ticker> (desc: returns current MPEX ticker values)
BTC-Mining: PsychoticBoy, cost me only ~16 BTC for all the GIGA.ETF however.
BTC-Mining: If GLBSE gets the list of asset owners disclosed and Gigavps can still pay, I'd make a big win on it.
assbot: [MPEX:F.GIGA.ETF] 1day: 0.00002002 / 0.00010663 / 0.00027773 (1075074 shares, 114.64 BTC), 30day: 0.00002002 / 0.00041983 / 0.00087369 (11955557 shares, 5,019.42 BTC)
BTC-Mining: So within the month... the equivalent of 11x the GIGA.ETF total shares were traded?
BTC-Mining: 30day: 0.00002002 / 0.00041983 / 0.00087369
mircea_popescu: ya, if we consider asics and reward double a 10600 is maybe quite right
BTC-Mining: 1 GIGA.ETF = 1/1000 of GIGAMINING = 1/1000 of 5 mhash = 5 kilohash
BTC-Mining: 0.00002002 BTC x 12.67410 USD/BTC = 0.000253735482 USD
PsychoticBoy: yes thats true, but how long will it take to be paid now glbse is down
rdponticelli: BTC-Mining: I bought some @7229. Do you think a made a deal?
assbot: [MPEX] [S.MPOE] 21731 @ 0.00036936 = 8.0266 BTC [-]
assbot: [MPEX] [S.MPOE] 12700 @ 0.0003692 = 4.6888 BTC [-]
assbot: [MPEX] [S.MPOE] 18369 @ 0.00036877 = 6.7739 BTC [-]
BTC-Mining: It will all depend on what happens next...
BTC-Mining: Nefario needs to come up with a solution.
BTC-Mining: I'm left with about as much funds whatever happens. Except in one case it's because I get back my assets and they become claimable at their issuer, the other is because I have other people's money and would not know where to return it.
rdponticelli: Yep, obviously, they're a lot of uncertainties
mircea_popescu: this is kinda illustrative of glbse's general irrelevance
Ukto: is it a "company" thing, or what
Bugpowder: Cause I'm not selling it down to 117500
rg: you should lower the MPEX fee
rg: it was already a rip off
mircea_popescu: PeterLambert you also have a bunch of defrauded investors.
PeterLambert: ? maybe they can be included in the glbse shutdown
mircea_popescu: what is this, you think you run with everyone;'s money, come back a year later all is forgotten ?
rg: i was around a year ago and i dont know who he is
assbot: [MPEX] [S.MPOE] 12687 @ 0.00037269 = 4.7283 BTC [+]
assbot: [MPEX] [S.MPOE] 413 @ 0.00037545 = 0.1551 BTC [+]
rg: peterlambert have you come to repay your share holders?
mircea_popescu: ;;rate PeterLambert -3 the original GLBBQ scammer. Made a bunch of "funds", LIF.*, made all sorts of claims as to their investment policies, ran off.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
mircea_popescu: btc is not for scammers, go back to nigeria or w.e you sprout from.
rg: if theres one thing i hate more than curly haired romanians
mircea_popescu: asshat even deleted his posts, deleted his site, complete and utter scammer.
mircea_popescu: apparently you haven't learned from usagi's mistakes either.
rg: how many btc did you steal
rg: ;;calc 1200 * [ticker --last]
rg: you'd go prison for hat
mircea_popescu: rg it's not even that. it's the eggregiousness of it. he was like, writing extensively about the various stocks and w/e, analuysing them, bla bla.
rg: hey we're making 30%/mo on our deposits!
rg: i cant pay you any of it.
mircea_popescu: i mean, half the people investing at that time didn't even do any dd, just went by his bs.
rg: one thing that's good about glbse closing is..
rg: unexperienced investors wont be able to make uninfomed decisions
rg: he has tons of glbse asstes
PeterLambert: no, I didnt steal bitcoins, i lost them in bad investments and scammers
rg: coinbr's volume is going to go up
mircea_popescu: PeterLambert get lost. you lied about how you were using it, you misrepresented the assets, then you just played the forex market.
rg: coinbr is just in time
mircea_popescu: o yea, yea, cause he ended up buying a bunch of giga.etf
mircea_popescu: Bugpowder he did get it kinda on the cheap so who know
rg: i sold btc-mining a bunch of s.bvps
rg: he's our main share holder right now
rg: oh i need to post this p/l
rg: god damn i hat ebeing bsy
mircea_popescu: rg you know as a general principle you should first make s ure with people they're ok to be publicly outed
Diablo-D3: so I wonder how much money nefario stole
rg: mircea_popescu: well considering we did the trade in public
rg: i dont think it was supposed to be pivate
Diablo-D3: remember when I paid back like 1000 btc?
Diablo-D3: I wonder how much didnt make it out of glbse
rg: i wonder what spooked nefario
mircea_popescu: Diablo-D3 most of it did im pretty sure, they were bleeding btc in the past weeks at an increasing page.
rg: a friend of mine jus tbarges in my room
rg: his leg is coverd in blood
rg: and it appears to be coming out at a good pace
mircea_popescu: mostly the people who were valuing their paper above market value got murdered. there's people with portofolios consisting of 100 btc, 1500 worth of "assets" they were valuing 2-3k
rg: i gues they were 'shooting arrows at the wooden fence'
rg: and somehow he managed to get shot in the back of the leg with an arrow
rg: i dont know if we should call 911
rg: cause instead of putting pressure on it
rg: he ran in here to show me
rg: lol he did get blood on my door
Bugpowder: apply pressure for 5 minutes see if the bleeding slows
rg: i think he might be an EMT
rg: ill go out there in a few mintues to investigate
rg: mircea lets see some porn
rg: smoov: and take forever to heal
rg: seems to be a large occurance of butt lucking
rg: at least every one ive got with has had one
rg: hmm but 'the tool box' seemed like such a kewl name
assbot: [MPEX] [S.MPOE] 16400 @ 0.00037198 = 6.1005 BTC [-]
assbot: [MPEX] [S.MPOE] 21400 @ 0.00037242 = 7.9698 BTC [+]
assbot: [MPEX] [S.MPOE] 21346 @ 0.00037198 = 7.9403 BTC [-]
matthewh3: just been on the phone with Nafario for a good half hour
matthewh3: he's not trying to steal anyones coins
Diablo-D3: of course a scammer would say that
matthewh3: those coins he's holding are a legal liability
RogueAI: my main issue is that people questioned nefario about legal issues and he always said he wasn't worried
RogueAI: well now he seems to be quite worried
rg: which would seem to suggst th eissues are not legal
rg: for all we know, nefario found out he has to move to china or something
rg: and cant work on glbse anymore
rg: and istead of hiring someon else
rg: the shareholders said fuc kit
RogueAI: or that he needs to kill off glbse if he wants to register a legal entity in the UK
BTC-Mining: Hey, what's all that talk about nefario taking user's deposits for a lawyer? That's not officially confirmed yet.
RogueAI: besides if it's good enough for Corzine and the rest of Wall Street, it's ok for Nefario ;p
rg: BTC-Mining: .. i surely hope that's a rumor
BTC-Mining: At least theymos, contrary to his first post, eventually confessed he was just guessing it and actually didn't know at all if Nefario took any user's fund.
Bugpowder: The coins he is holding are a legal liability if he doesn't return them to me
BTC-Mining: [14:25] <Bugpowder> if he doesn't return them to me
BTC-Mining: oh, as in yours or 100% of the coins? =P
Bugpowder: he should return the current deposits
Bugpowder: the pirate liability he can't discharge
assbot: [MPEX] [S.MPOE] 22400 @ 0.00037377 = 8.3724 BTC [+]
BTC-Mining: Eh. Well I'm off. Visiting relatives this weekend, better get going.
rg: why the fuck are people accusing me of copying data from glbse
rg: all i said was 'glbse has backups'
rg: and everyone took that to mean that I hav the data
matthewh3: basically the jist of what Nafario said on the phone about the shutdown was say he didn't want to go to jail
rg: yeah wellg et your facts straight
rg: and tell him i didn't snoop through his VM
rg: as i even said on hte forum
rg: it wouldnt be mine to give
rg: so this will finally be sorted
gribble: Nick 'matthewh3', with hostmask 'matthewh3!~matthewh3@host86-173-198-2.range86-173.btcentralplus.com', is not identified.
rg: ;;getrating matthewh3
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
rg: god damn people are fucking stupid
rg: i've copied a database that wasnt even hosted at bitvps
assbot: [MPEX] [S.MPOE] 3100 @ 0.00037377 = 1.1587 BTC [+]
cryptorific: rg: people are pissed, rightfully so, and they're looking for some one to hang
rg: well even if i had the data
rg: it wouldnt change anything
rg: people are just connecting pieces that arent there
cryptorific: i'm sure thats the case, but when you can't get your hands on the people tht screw you, you'll tend to go after anyone nearby to let out your frustration, doesn't make it right, but it is to be expected
cryptorific: ugh, anyone know whats the time to get verified by mtgox is running these days?
mircea_popescu: Anduck cauise nefario is either stupid, insane or both.
Anduck: he just shouldve hired some REAL coder to do the platform
Anduck: and then hire some REAL administrator to keep it on
cryptorific: he should have gotten a real securities license
Anduck: it's no real companies, right?
Anduck: it's like a fokin habbo hotell
cryptorific: anduck: just because the currency isn't USD doesn't mean its not a security, I'm certain a good prosecutor will get a jury to believe that bitcoin is a currency, its readily converterible to fiat and functions like currency
Anduck: why isn't habbo hotel coins currency?
Anduck: well you cant trade them back to fiat via their services
Anduck: person to person it is
jurov: haha good... i was also thinking to explain btc in terms of Massive Multiplayer Online Player Game, should I talk to lawyer sometime
Anduck: mircea_popescu: Autor: Mircea Popescu
cryptorific: Anduck: It probably would be considered currency if it came to trial. People forget that because the authoriities allow something doesn't mean they will forever
Anduck: it's considered as a currency when bloomberg says it is currency!
cryptorific: Anduck: if bloomberg considers it a currency then its made it big time
Anduck: exactly, cryptorific. there's no turning back from that point
cryptorific: mircea_popescu: i'm in law school in the US. I say probably because a judge will leave up to the jury the decision of whether bitcoins are a currency. A judge wouldn't make that kind of determination here because its a matter of fact not a legal matter
mircea_popescu: matters of substantive law are never left to the jury.
mircea_popescu: also, civil matters (which this would likely be) aren't usually jury-tried.
assbot: [MPEX] [S.MPOE] 9587 @ 0.00037545 = 3.5994 BTC [+]
assbot: [MPEX] [S.MPOE] 23713 @ 0.00037546 = 8.9033 BTC [+]
cryptorific: mircea_popescu: operating and issusing unlicensed securities is a criminal matter
cryptorific: look at U.S. v. 3809 Crain Ltd. Partnership, it provides a nice definition of what money or money's worth is
rg: [15:23] <cryptorific> mircea_popescu: operating and issusing unlicensed securities is a criminal matter
rg: not only is that true..
rg: the SEC has a snitch-line setup
rg: where you can narc out companies/individuals right from your computer chair
cryptorific: ya, maybe nefario saw the doors closing in on him, and turned himself in before he got a swat team at his door at 5am sunday morning
mircea_popescu: Any other consideration not reducible to a money value is not consideration in money or money's worth.
cryptorific: bitcoin is reducible to money, as long as there is one guy will to give you fiat or gold, or whatever its reducible to money
cryptorific: and do i think a jury will buy that, yea i do, its not a matter of law its a matter of what a jury will say
cryptorific: mircea_popescu: i'm not saying glbse or mpex should be shut down, i just think from a legal perspective that they have a serious legal liability, mpex less so because its based out of a less friendly jurisidiction but if i were you I'd be getting any politician i can to here my case for official sanction
mircea_popescu: cryptorific it's not really a matter of jurisdiction tbh.
mircea_popescu: (fully willing to file amicus briefs in any us consideration of bitcoin for these purposes)
cryptorific: it is when it comes to getting sent to jail, id imagine extradition is alot harder from romania than the UK, but you're right from the sense of legal liability, it doesn't matter
mircea_popescu: i think people are well jumping the gun with all the criminal and extradition talk.
matthewh3: well Nafario did say he closed the exchange to stay out of jail and that the GLBSE is never coming back. He also did talk about a exchange for fully regulated companies that pay all taxes
Diablo-D3: matthewh3: in other words he lied about the legality of it and stole thousands of bitcoins
cryptorific: Diablo-D3: did nefario ever say it was legal? i was never under the impression that it was licensed
matthewh3: there will be a new licensed exchange for companies that pay all taxes and follow all legal regulations
Azelphur: I miss nefario, all this drama is keeping him off IRC XD
Diablo-D3: matthewh3: and you've been scammer tagged on the forums anyhow
Azelphur: seems like he's trying to bring GLBSE up to legal regs
Diablo-D3: someone else can liquidate DMC, Im sure as hell not going to be
Azelphur: also is that the matthew that made the bet and then ran?
pigeons: no this is matthewh3 from "red star mining"
Azelphur: matthews, matthews everywhere.
pigeons: time to just abandon the whole forum scammer tag deal
Diablo-D3: matthewh3: I didnt "lose" investor money, nefario participated in scams and promoted them for DMC investment.
Diablo-D3: so I hope the UK government fries his ass
mircea_popescu: <pigeons> time to just abandon the whole forum scammer tag deal << ya give theymos one and be done with it
Azelphur: they need to make a bitcoin movie man
Azelphur: so much drama, people would watch that shit
Azelphur: and the main character could be strange onlooker
Azelphur: mircea_popescu: also, I'm poor now
Azelphur: I had my money split between pirate and glbse...so yea
rdponticelli: Azelphur: we already have material for a whole saga of bitcoin movies
Azelphur: hopefully I'll see some of it again :P
Azelphur: Smoovious: yea, I had stuff in bitcoinmax too
cryptorific: azelphur: too bad you didnt visit satoshidice, better odds in honest gambling
Azelphur: inb4 mircea shuts down mpex and requests personal info for withdrawals
cryptorific: lol, i had some pass through on glbse, but i sold them right before the last dividend payment because they shot up to .0038 for some silly reason
Azelphur: also regarding this ID thing, what info does nef actually want?
Azelphur: is it passport and/or drivers license?
Azelphur: apparently he wants MtGox-style AML documents, whatever they are
pigeons: we don't know. theymos implied heavy docs, nefario implied lite docs
mircea_popescu: it's unclear to both ofthem what they're actually doing.
Azelphur: hopefully it's not passport and/or drivers license, as I don't actually have those xD
Diablo-D3: you must be a legally registered company in the US or EU
Azelphur: I feel like the only person to exist that hasn't been abroad, and doesn't drive
mircea_popescu: Stolen Bitcoins never die, although they may be in suspended animation,
mircea_popescu: they do always in fact eagerly await the command of their new masters.
mircea_popescu: "That is not dead which can eternal lie — and with strange aeons even death may die."
bitfoo: mircea_popescu, thanks, that was a good read
bitfoo: I like the idea of a distributed, cryptographically secure MMORPG :)
bitfoo: not that I had anything worthwhile to say
bitfoo: but since you wanted it...
knotwork: mircea_popescu maybe MPEX should officially have a location in a specific city of Romanian nation on a specific planet within the Galactic Milieu, where the govt of that Freeciv nation can even document specific law that applies to such markets operating on their territory of that planet
knotwork: the Romanian nation has not been claimed yet by any players
knotwork: (Take a look at Digitalis OT server's asset contracts, their jurisdiction is the city MI5ius on the planet known as M5)
knotwork: is that a world, nation, province, city, novel, or what?
assbot: [MPEX] [S.MPOE] 16000 @ 0.00037433 = 5.9893 BTC [-]
knotwork: if it is a major city, probably most planets on which the Romanian nation builds many cities will have one by that name
knotwork: just like most Canadian planets have an Ottawa and a Toronto and so on and Brit planets usually have a London and a Liverpool etc
knotwork: in this case its the software developers, they package existing/historic city names as default names so players dont need to exert imagination to invent names for cities
knotwork: MI-5ius being an exception, as the main city where the Martian Intelligence service's section 5 is based
assbot: [MPEX] [S.MPOE] 24269 @ 0.00037521 = 9.106 BTC [+]
assbot: [MPEX] [S.MPOE] 17917 @ 0.00037546 = 6.7271 BTC [+]
assbot: [MPEX] [S.MPOE] 18978 @ 0.00037546 = 7.1255 BTC [+]
Ukto: mircea_popescu: man, all these people with crazy ass govt concpiracy theories
Ukto: "omg.. black helicopteres coming for my bitcoins!"
Bugpowder: OMG black helicopters are coming for my investors bitcoins. I better steal them
mircea_popescu: i'll bet you ancient spanish golden dubloons vs delicious cream filled doughnuts that in about a year's time mccarthy shows up all lambert-like
assbot: [MPEX] [S.MPOE] 6677 @ 0.00037447 = 2.5003 BTC [-]
assbot: [MPEX:S.DICE] 1day: 0.0032 / 0.00321255 / 0.00339995 (53350 shares, 171.39 BTC), 30day: 0.0032 / 0.00337158 / 0.0034 (1606703 shares, 5,417.13 BTC)
assbot: [MPEX:S.BVPS] 1day: 0.0027501 / 0.00332457 / 0.00350001 (3510 shares, 11.67 BTC), 30day: 0.001175 / 0.00340428 / 0.00359486 (74170 shares, 252.50 BTC)
assbot: [MPEX] [S.MPOE] 4100 @ 0.00037447 = 1.5353 BTC [-]
assbot: [MPEX] [O.BTCUSD.P010T] 14 @ 0.03 = 0.42 BTC [+]
assbot: [MPEX] [S.MPOE] 22322 @ 0.00037528 = 8.377 BTC [+]
assbot: [MPEX] [S.MPOE] 38880 @ 0.00037575 = 14.6092 BTC [+]
assbot: [MPEX] [O.BTCUSD.C130T] 650 @ 0.15735201 = 102.2788 BTC [-]
assbot: [MPEX] [S.MPOE] 35623 @ 0.00037447 = 13.3397 BTC [-]
assbot: [MPEX] [S.MPOE] 7217 @ 0.00037433 = 2.7015 BTC [-]
assbot: [MPEX] [S.MPOE] 7160 @ 0.00037366 = 2.6754 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 650 @ 0.19800156 = 128.701 BTC [+]
assbot: [MPEX] [S.MPOE] 6540 @ 0.00037366 = 2.4437 BTC [-]
assbot: [MPEX] [S.MPOE] 5900 @ 0.00037265 = 2.1986 BTC [-]
assbot: [MPEX] [S.MPOE] 31860 @ 0.00037219 = 11.858 BTC [-]
assbot: [MPEX] [S.MPOE] 21286 @ 0.00037219 = 7.9224 BTC [-]
assbot: [MPEX] [S.MPOE] 26554 @ 0.00037198 = 9.8776 BTC [-]
assbot: [MPEX] [S.MPOE] 4560 @ 0.00037172 = 1.695 BTC [-]
assbot: [MPEX] [S.DICE] 550 @ 0.00339995 = 1.87 BTC [+]
assbot: [MPEX] [S.MPOE] 7440 @ 0.00037172 = 2.7656 BTC [-]
gribble: Best bid: 11.99991, Best ask: 12, Bid-ask spread: 0.00009, Last trade: 12, 24 hour volume: 38173, 24 hour low: 12, 24 hour high: 12.8136
assbot: [MPEX] [S.MPOE] 4400 @ 0.00037067 = 1.6309 BTC [-]
boonies4u: anyone know how long BFL will be accepting trade-ins for ASICs?
rdponticelli: boonies4u: answering your question would requiere to assume a whole lot of uncertainties to be true...
boonies4u: iirc they would be accepting them for trade in for some time after releasing pre orders
assbot: [MPEX] [S.DICE] 437913 @ 0.0032725 = 1433.0703 BTC [-]
rdponticelli: Yeah, but in first place you're assuming that BFL is making ASICS, that they're going to be ready on a relatively short term...
rdponticelli: That they're going to accept a swap for that supposed new product...
boonies4u: if they aren't making ASICs, I'll be stuck with an FPGA
rdponticelli: Ok, I'm just saying that until ALL of those assumptions becomes a certainty, your question is impossible to answer
boonies4u: do you remember hearing that they would be taking in trade-ins for some time?
rdponticelli: Yeah, I read a lot of people saying a lot of things
rdponticelli: But I don't know if those supposed trade-ins would be limited in time
boonies4u: I'll just wait until I get an email back
boonies4u: and eat whatever costs come from BTC price drop
boonies4u: and without the mining turds, I need to bring in mined coins ASAP
rdponticelli: Well, with glbse down, you're safe from the turds, at least
boonies4u: and neither were my investors apparently
boonies4u: I am afraid of waiting 3 weeks for an FPGA to get here, as I burn through coins
rdponticelli: Yeah, is a sensible time to buy hardware, so close of the reward halving....
boonies4u: maybe you were right about the mining turds
boonies4u: might have just been one less thing that could fuck me
assbot: [MPEX] [O.BTCUSD.P090T] 10 @ 0.05188801 = 0.5189 BTC [+]
assbot: [MPEX] [O.BTCUSD.P100T] 10 @ 0.06815531 = 0.6816 BTC [-]
assbot: [MPEX] [O.BTCUSD.P110T] 10 @ 0.105 = 1.05 BTC [+]
assbot: [MPEX] [O.BTCUSD.P200T] 313 @ 0.78195045 = 244.7505 BTC [+]
rdponticelli: I don't know, but if asics really come out, the turds are going to plumbet even more
rdponticelli: If there'll be no asic, they can recover some value, as the market has been pricing in that possibility from a while now...
boonies4u: I think the days of private mining contracts have returned
rdponticelli: I bought some dirty cheap giga.etf, but again, it's a gamble....
boonies4u: anything involving bitcoin is a gamble
boonies4u: unless you're a business only accepting bitcoin through bitpay
noagendamarket: If i was the feds i wpould just go around stealing bitcoins and scamming to destroy its confidence
boonies4u: anyone realize if you spin MNW around it reads MNW
boonies4u: anyone actually know his middle name?
smickles: So it looks like the Tucson Chamber of Commerce likes me :D
mod6: did you move there yet smickles?
smickles: mod6: yeah, I'm here, we found a place to live day before yesterday, and just started putting our stuff in there today
mod6: thats awesome. i miss the weather!
mod6: .. i gotta head down there soon and visit
smickles: sweet, I wonder how many 'bitcoiners' are within range of me now?
boonies4u: well there's the drug lords in Mexico
smickles: the first food joint we went to happend to be a 40 yr old chineese food place, family owned and delicious
mod6: you'll have to give eegees a try
smickles: mod6: yeah, they're everywhere!
smickles: boonies4u: I wasn't prepared to pay in btc, so I didn't ask
mod6: f yeah, its my personal fav.
boonies4u: smickles: would have been embarrassing if they said yes
boonies4u: I remember it hard to get btc out of GLBSE before
smickles: were there developments in the last 8 hous?
smickles: are they going to take it anymore?
noagendamarket: should just use opensim and run a virtual stock exchaneg inside it
Diablo-D3: boonies4u: I was that way for an entire month
boonies4u: noagendamarket: getting glad makes you a poser though
Diablo-D3: so Im going to go back to my default policy
boonies4u: this behavior makes me very apathetic
Diablo-D3: No more stress, no more babysitting trolls, no more losing the sleep I already dont get, no more daydreaming about something thats never going to happen, no more fucking bullshit
smickles: dunno, just being odd, i suppose
assbot: [MPEX] [S.MPOE] 9000 @ 0.00037067 = 3.336 BTC [-]
Diablo-D3: long term stress resulting in a heart attach is a disease.
smickles: complacency probably causes more heart disease than stress
____Atlas_____: Some idiot just put a bunch of anarchist propaganda in the Bitcoin wikipedia page.
Diablo-D3: seriously, what do I get out of continuing to fight this?
boonies4u: Diablo-D3: given your behavior, I won't take your seriously
boonies4u: ____Atlas_____: you're an anarchist night-tremor
Diablo-D3: boonies4u: take me seriously for what? I spent hundreds of hours trying to move DMC forward
boonies4u: like 200 hundred, or closer to 1000?
____Atlas_____: I have never heard somebody describe something in 100s of hours
gribble: Best bid: 12.2, Best ask: 12.3098, Bid-ask spread: 0.10980, Last trade: 12.3098, 24 hour volume: 40408, 24 hour low: 11.95, 24 hour high: 12.8136
boonies4u: ____Atlas_____: it means that he didn't put in consistent hours per week
smickles: well, combined with a diff increase
smickles: I dunno if glbse affected the exchange rate at all
smickles: what have we been doing that had so little affect
____Atlas_____: They wanted to give GLBSE issuers the first batch of rigs
____Atlas_____: This is just statements on the forums but it is likely true
Diablo-D3: [10:34:00] <____Atlas_____> Usually you move on to weeks at that point.
Diablo-D3: what is a week? 40 hours? 60? 80? 20?
boonies4u: Diablo-D3: you probably didn't put 40 in a week
Diablo-D3: companies dont startup on only 40 hours a week.
Diablo-D3: boonies4u: in the end? nothing much
Diablo-D3: all I did was dance to nefario's tune while he fucked my shareholders
boonies4u: what were you doing that took 40+ hours a week?
Diablo-D3: boonies4u: you do know what DMC was doing, right?
Diablo-D3: a green energy powered data center focusing on high density computing.
Diablo-D3: mining was just a small part of it.
boonies4u: as in, if cooling fails, your computers will overheat quickly?
boonies4u: I only really paid attention to the turds
boonies4u: if you weren't selling turds, you probably weren't on my radar
boonies4u: or didn't have the volume to attract me
Diablo-D3: boonies4u: cooling fails? heh, not with redundant cooling
Diablo-D3: Im talking about shit mounted in racks.
Diablo-D3: or rather, 25-30kw of shit mounted in racks, per rack.
boonies4u: so what did the shares represent? % ownership?
Diablo-D3: doesnt matter, x% of zero is still zero.
boonies4u: i'm confused, do you have any assets?
Diablo-D3: for the short term, I was reinvesting it into other companies
boonies4u: ____Atlas_____: why did you link a 1x1 gif?
Diablo-D3: ____Atlas_____: that isnt the image you thought it was
Diablo-D3: boonies4u: a million dollar project does not get done overnight.
Diablo-D3: Im not sure why people think it does.
boonies4u: i was oh lawding at your reinvesting
Diablo-D3: yup, and thanks to nefario's bullshit, a large part of that money was burned
Diablo-D3: and then thanks to MORE of nefario's bullshit, it all burned
assbot: [MPEX] [S.MPOE] 10000 @ 0.0003711 = 3.711 BTC [+]
assbot: [MPEX] [S.MPOE] 25460 @ 0.00037111 = 9.4485 BTC [+]
boonies4u: I can understand why you are apathetic
boonies4u: I bet your shareholders love it *rolls eyes*
Diablo-D3: well, they'll have to fight nefario, not me
Diablo-D3: Ive fought enough for the community, its time for them to return the favor
boonies4u: who i probably butting heads with Theymos
boonies4u: I'd bet Theymos is the voice of reason
noagendamarket: even if we removed nefario as ceo it wouldnt have mattered
Diablo-D3: at one point I was saying Im glad I sold all of my goat holding
noagendamarket: its more likely to be about the pirate stuff than anything
noagendamarket: if glbse had ID requirements inn the first place most likely the pirate stuff wouldnt have gotten so nuts
boonies4u: anyone willing to lend me the difference between my 99 btc and the total cost of two BFL FPGA singles?
boonies4u: you mean the FPGA's that currently exist are a scam?
gribble: *BANG* Hey, who put a blank in here?!
assbot: [MPEX] [S.BVPS] 400 @ 0.0035 = 1.4 BTC [+]
boonies4u: mircea_popescu: trying to get assbot to do ;;roulette?
gribble: Error: "fire" is not a valid command.
gribble: Error: "shoot" is not a valid command.
gribble: *BANG* Hey, who put a blank in here?!
assbot: [MPEX] [S.MPOE] 23628 @ 0.00037366 = 8.8288 BTC [+]
assbot: [MPEX] [S.MPOE] 53300 @ 0.00037067 = 19.7567 BTC [-]
assbot: [MPEX] [S.MPOE] 51500 @ 0.0003706 = 19.0859 BTC [-]
assbot: [MPEX] [S.MPOE] 47700 @ 0.00037005 = 17.6514 BTC [-]
assbot: [MPEX] [S.MPOE] 7700 @ 0.00037 = 2.849 BTC [-]
assbot: [MPEX] [S.MPOE] 3583 @ 0.00036906 = 1.3223 BTC [-]
assbot: [MPEX] [S.MPOE] 42256 @ 0.00036883 = 15.5853 BTC [-]
assbot: [MPEX] [S.MPOE] 250 @ 0.00036878 = 0.0922 BTC [-]
assbot: [MPEX] [S.MPOE] 57496 @ 0.00036869 = 21.1982 BTC [-]
assbot: [MPEX] [S.MPOE] 11784 @ 0.00036756 = 4.3313 BTC [-]
assbot: [MPEX] [S.MPOE] 13900 @ 0.00036731 = 5.1056 BTC [-]
assbot: [MPEX] [S.MPOE] 31900 @ 0.00036651 = 11.6917 BTC [-]
assbot: [MPEX] [S.MPOE] 42700 @ 0.00036611 = 15.6329 BTC [-]
assbot: [MPEX] [S.MPOE] 58959 @ 0.00036537 = 21.5418 BTC [-]
assbot: [MPEX] [S.MPOE] 62800 @ 0.00036149 = 22.7016 BTC [-]
assbot: [MPEX] [S.MPOE] 2500 @ 0.000351 = 0.8775 BTC [-]
assbot: [MPEX] [S.MPOE] 153359 @ 0.00035 = 53.6757 BTC [-]
grubles: someones taking a dump on mpoe
cryptorific: ____Atlas_____: a large increase in hashing capacity
cryptorific: the difficulty adjustments weren't enough to compensate for the large and irregular hash power increase as far as i can see
gribble: Error: 'Kumala' is not a valid integer.
gribble: Error: For identification purposes, you must be identified via GPG to use the rating system.
gribble: Rating entry successful. Your rating of 1 for user Kumala has been recorded.
____Atlas_____: So we may end up seeing all the BTC generated earlier than 2030?
assbot: [MPEX] [S.BVPS] 480 @ 0.0035 = 1.68 BTC [+]
____Atlas_____: Soon we will have more currencies than the old American confederacy
grubles: mircea_popescu, because i believe in buttcoins
grubles: that is the age old question
grubles: have you ever squeezed your buttcheeks so hard you cracked your lower back?
grubles: fiber has nothing to do with it
grubles: sitting on my ass has everything to do with it
assbot: [MPEX:S.MPOE] 1day: 0.00035 / 0.0003698 / 0.00037575 (2318319 shares, 857.32 BTC), 30day: 0.00034 / 0.00038476 / 0.00042 (65387672 shares, 25,158.64 BTC)
grubles: noagendamarket, wtt 10 tp for 20 btc?
grubles: as many as you want holmes
grubles: i have a direct connect to a supplier in columbia
assbot: [MPEX] [S.MPOE] 25032 @ 0.00030391 = 7.6075 BTC [-]
noagendamarket: I wonder if you had lsd on toliet paper if you wiped your butt you would get high lol
cryptorific: noagendamarket: you'd have to rub it hard but yea, the skin is pretty thin there and could easily transfer
cryptorific: i knew some hippie ass chicks that would stick weaker acid tabs in their vaginas to help absorb more
grubles: cryptorific, that makes more sense than getting high off of wiping your ass
grubles: but i can definitely bet one would get high off of wiping their ass with blotter paper
boonies4u: I have come up with 4 options moving forward when it comes to the loan I received.
boonies4u: while, i created this for my lenders, if anyone has anything to say regarding them, it would be appreciated
knotwork: do bonds also require issuer to know current owners? or is that what makes bearer bonds different, not knowing who has them?
mircea_popescu: if anyone has a reddit account be so kind to point out to them that i don't, and so won't answer there, but they can feel free to make the comments on the article
knotwork: each asset is unique yes, change even a bit, or a character of whitespace, and the hash changes thus the ID of the asset the contract is about changes
knotwork: so any change to contract results in a brand new distinct different asset
femtotube: Chaang-Noi: that markm's OT is not decentralised. It's even worst that centralized. If server, where sec. was issued disappears, security is gone too
thestringpuller_: I was more asking, say I have 1000 shares of Asset A, would each one of those 1000 shares be unique, to keep them from being duplicated?
Bugpowder: You might be better served by posting in the law subreddit
Bugpowder: where a bunch of actual lawyers or at least law students hang out
knotwork: deeds are each-unique but not yet implemented
mircea_popescu: Bugpowder i ain't posting it tho, cause i have no acct.
knotwork: Audit system is not yet implemented so my server does not spam all receipts out to public published form
knotwork: so yes if my server vanishes issuers will not know what ownership changes happened since their last snapshot
knotwork: femtotube, do you mean how hard is spamming all receipts out to public media/channel?
knotwork: the hard part will be making sure only persons intended to be able to can actually decrypt specific receitps they should be able to see
knotwork: might be easier actually to record emails for issuers and spam issuer's email with all receipts about their asset
knotwork: but that would require "Knowing Your Issuers"
knotwork: I actually hoped it might be possible to only know a very few customers, those being the few to whom any actual withdraws from the vault go, everyone else being their customers and dealing with them to buy tokens or cash out tokens
knotwork: like how egold and liberty reserve and possibly even pecunix do it, third parties to handle all cashing in and out
assbot: [MPEX] [S.MPOE] 14267 @ 0.00025477 = 3.6348 BTC [-]
assbot: [MPEX] [S.MPOE] 14633 @ 0.00025477 = 3.728 BTC [-]
assbot: [MPEX] [S.MPOE] 26800 @ 0.00025844 = 6.9262 BTC [+]
assbot: [MPEX] [S.MPOE] 36000 @ 0.00026409 = 9.5072 BTC [+]
assbot: [MPEX] [S.MPOE] 65400 @ 0.00027946 = 18.2767 BTC [+]
assbot: [MPEX] [S.MPOE] 5778 @ 0.00031314 = 1.8093 BTC [+]
assbot: [MPEX] [S.MPOE] 4618 @ 0.00032044 = 1.4798 BTC [+]
assbot: [MPEX] [S.MPOE] 382 @ 0.00035 = 0.1337 BTC [+]
Bugpowder: been buying that shit up all morning
Bugpowder: 10MM should probably be a nice supporting bid size
assbot: [MPEX] [S.MPOE] 3550000 @ 0.000315 = 1118.25 BTC [-]
gribble: Best bid: 11.94501, Best ask: 11.95, Bid-ask spread: 0.00499, Last trade: 11.94501, 24 hour volume: 61886, 24 hour low: 11.702, 24 hour high: 12.78
assbot: [MPEX] [S.MPOE] 24200 @ 0.0003422 = 8.2812 BTC [+]
assbot: [MPEX] [S.MPOE] 67300 @ 0.00034111 = 22.9567 BTC [-]
assbot: [MPEX] [S.MPOE] 42700 @ 0.00033888 = 14.4702 BTC [-]
smickles: "weekend dip" + diff increase + glbse incidnent = lower exchange rate, it seems
smickles: and mircea_popescu wrote an article
DeaDTerra: Yea, I have followed the price ^^ to me it seems like a chance to get some cheap bitcoins :P
DeaDTerra: No more news on the whole GLBSE stuff?
DeaDTerra: and I thought you were ignoring me ^^
DeaDTerra: What do you mean by GLBSE BTC btw?
mircea_popescu: btc owned in cash by glbse customers on glbse website.
DeaDTerra: Yea that has to be higher then 1-2k
DeaDTerra: I personally have 500+ BTC on there
assbot: [MPEX] [S.MPOE] 18013 @ 0.00033888 = 6.1042 BTC [-]
gribble: Best bid: 11.90004, Best ask: 11.9699, Bid-ask spread: 0.06986, Last trade: 11.90004, 24 hour volume: 62374, 24 hour low: 11.702, 24 hour high: 12.78
assbot: !ticker <ticker> (desc: returns current MPEX ticker values)
assbot: [MPEX:S.MPOE] 1day: 0.00025015 / 0.00031653 / 0.00037575 (6558468 shares, 2,076.01 BTC), 30day: 0.00025015 / 0.00037846 / 0.00042 (70093609 shares, 26,528.18 BTC)
assbot: [MPEX] [S.MPOE] 35600 @ 0.00033179 = 11.8117 BTC [-]
gribble: Best bid: 11.93, Best ask: 11.97, Bid-ask spread: 0.04000, Last trade: 11.97, 24 hour volume: 62240, 24 hour low: 11.702, 24 hour high: 12.75999
assbot: [MPEX] [S.MPOE] 20557 @ 0.00033618 = 6.9109 BTC [+]
assbot: [MPEX] [S.MPOE] 13843 @ 0.0003389 = 4.6914 BTC [+]
pigeons: i've known him since before there was a bitcoin
boonies4u-Andro: :Company Prospectus The Rock Mining Industries Total outstanding Shares 400000 100% Bitcoin Production The First Company traded in Bitcoin only!:
pigeons: yes before it was traded in lindens as all their other stuff, then it moved to bitcoins after linden temp closed their account because someone used stolen lindens to buy bitcoins from them on their exchange
smickles: !!!, woah what? theymos said, "4-5. The database backups can be decrypted by me, justmoon, Gavin, Sirius, and Satoshi. The encrypted backups are distributed among many people." Satoshi!?
pigeons: yeah that's the bitcointalk forum db
pigeons: really? laugh at someone because they have temp low volume resulting in a big spread? like your exchange is better?
smickles: I honestly thought glbse had the sense to have an accountant
assbot: [MPEX] [S.MPOE] 3600 @ 0.00033346 = 1.2005 BTC [-]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00033179 = 1.858 BTC [-]
assbot: [MPEX] [S.MPOE] 4774191 @ 0.000315 = 1503.8702 BTC [-]
boonies4u-Andro: though, i'm not seeing any description as to what these bonds represent XD
boonies4u-Andro: my guess is that they all represent some function of the "The Rock Trading Company"
smickles: <@assbot> [MPEX] [S.MPOE] 4774191 @ 0.000315 = 1503.8702 BTC [-] 0_o
pigeons: well if you email them they will keep you up to date on the mining equipment and give you whatever info you ask
mircea_popescu: boonies4u-Andro assets-otc thing looks like a retarded mpex to me.
pigeons: there is a site you can see the management of the gpus and fpgas and what pools they are at and temps and hashes, but hehehe yes down atm
assbot: [MPEX] [S.MPOE] 1363237 @ 0.000315 = 429.4197 BTC [-]
assbot: [MPEX:S.MPOE] 1day: 0.00025015 / 0.00031575 / 0.00037575 (12741096 shares, 4,023.10 BTC), 30day: 0.00025015 / 0.0003733 / 0.00042 (76270870 shares, 28,472.03 BTC)
boonies4u-Andro: I considered opening up a fund on GLBSE instead of getting a loan on btcjam
boonies4u-Andro: I always liked that in the back of my head, if something bad happens and they lose confidence in the fund, I could buy back bonds
FabianB: looks like someone needs a lot of money suddenly and sells a lot of MPOE
smickles: holy shit, the gov't representatives in romainia are elected by plurality, and they use a civil law based legal system?
pigeons: all other countries are run by little girls
assbot: [MPEX] [S.MPOE] 18300 @ 0.00032349 = 5.9199 BTC [+]
Chaang-Noi: i find it kinda odd coldhardmetal left #glbse but is in the other #bitcoin chans...
smickles: Chaang-Noi: i dunno, but it seems like a good time to leave the parting message idid
smickles: do i fail at operating a /part command?
Chaang-Noi: so are you going to give your AML docs to Nefario ?
Chaang-Noi: * smickles (~smickles@mostofmany.com) has left #GLBSE ("see you later shitlords")
smickles: Chaang-Noi: is it going to be docs like that?
Chaang-Noi: i wonder how many BTC and assets nefario will get to claim due to people not handing over AML stuff, or him just saying its not good enough...
Chaang-Noi: its his "get out of jail free card if people are using glbse to support terrorist and money laundering"
Chaang-Noi: thats not a direct quote but something like that
smickles: Chaang-Noi: we'll see. i suppose i'm waiting to be contacted directly, or see something on glbse proper
smickles: and in my case, he has a pic of my passport
boonies4u-Andro: well, my guess is that asset holders won't honor bonds Nefario holds
Chaang-Noi: asset holders wont know who holds what
smickles: well, if i get a list of shareholders and associated amounts for s2cm and mpoe.etf, then i'll honor them
smickles: also, fiduciary responcibility would require me to verify the lists somehow
smickles: Would the data being signed by that keyid be sufficient verrification?
pigeons: probably as good as you can reasonably hope for in this situation
boonies4u-Andro: regarding what goat was saying, I don't think issuers should let Nefario get any unclaimed bonds
boonies4u-Andro: unless Nefario is only going to be submitting addresses tied to number of bonds held
boonies4u-Andro: then it might be difficult to determine who he is among the shareholders
assbot: [MPEX] [S.MPOE] 71300 @ 0.00032346 = 23.0627 BTC [-]
Chaang-Noi: aml all stockholders and just assume none are a proxy for nefario?
boonies4u-Andro: well, I suppose having multiple proxy accounts to fool issuers would work
assbot: [MPEX] [S.MPOE] 8100 @ 0.00032114 = 2.6012 BTC [-]
femtotube: is that really true that there was so SEC etc agents poking at nefario? It was all just bullshit and excuse
Chaang-Noi: he is now scared he was breaking the law...
Chaang-Noi: and wants to protect him self as far as i can gather...
Chaang-Noi: incase the sec or what not comes in...
Chaang-Noi: would be best if nefario said something
Chaang-Noi: if the sec came down on him, no way would they let him still operate
pigeons: don't know if the sec contacted nefario, but the people who talked to the sec say the sec specifically was asking about glbse, "how you got your glbse account" and ppt funds on glbse
pigeons: for example danieldaniel (i know)
Chaang-Noi: i have pretty solid info on that, but that was a while ago and he kept operating
Chaang-Noi: he then saw a lawyer and saw the light i guess...
femtotube: pigeons: all they had to do was read the forum or use the Make a account. How stupid are the agents? LOL
pigeons: femtotube: i agree. but also i wonder if they were curious how the alleged "victims" got involved
boonies4u-Andro: pigeons: the sec contacting nefario, while proving that they are sec
pigeons: boonies4u-Andro: the sec proved to me they were the sec
pigeons: fuck, you really don't believe the sec sent otc members an email saying there is a private investigation into bitcoin securities, and that most of us didn't research to a comfortable degree wether or not it was legit?
boonies4u-Andro: I doubt the sec, or anyone claiming to be the sec sent you, nefario, or goat emails
pigeons: we called them, using the phone number on the particular investigators name on the website gave the reference nu,ber on the email and asked if they sent it
pigeons: are you saiying that me and practically all the people i trust here are lying? or at which point in this step did they fools us? cause i'll give you another way it was verified at that point
femtotube: I guess nefario was just bullshitting everyone in London
boonies4u-Andro: so the emails contained the information necessary to confirm that they sent you the email(s)
boonies4u-Andro: so the emails contained the information necessary to confirm that they sent you the email(s)?
pigeons: one sec i'll show it to you
pigeons: look that guy up with google, call his office, ask if he sent the email about NY-8834 and what it's about
pigeons: I guess I had to literally beg you to believe that Yes The SEC is Interested IN GLBSE.
rg: california girls we're undeniable
rg: fine fresh fierce we got it on lock
rg: sun kissed skin so hot
rg: we'll met your popsicle
rg: sure doesnt feel like a win
rg: so much drama on the forum still
rg: about me saying 'glbse has backups'
rg: guruvan is now claiming that that's releasing customer info
rg: smickles breaths oxygen and needs food to live.
rg: ^--- releasing customer info!
boonies4u-Andro: pigeons: i knew they were interested, I just didn't expect them to knock before coming in
rg: this all started with pirate
rg: without pirate the SEC still wouldnt know what bitcoin is
pigeons: it did kinda start with pirate
assbot: [MPEX] [S.MPOE] 65700 @ 0.000315 = 20.6955 BTC [-]
rg: i guess the funniest part about all this
rg: is it proves mircea correct
rg: with his glbse hate-paper
femtotube: this SEC bull shit is starting to sound more stupid by the minute.
pigeons: Evolvex works for the SEC and wants one link to visit
pigeons: Did theymos send the coins nefario claims to be waiting on?
boonies4u-Andro: "Matthewh3 - "All users coins on the GLBSE is safe and untouched. Nafario wants to return them as soon as possible as they are a legal liability to him. He also said he will soon have a way for asset issuers to pay dividends but not trade shares. ""
boonies4u-Andro: sounds like those who don't want trouble can't sell their shares if they wanted to
pigeons: i worry from matthewh3's report that nefario may feel he needs those coins to pay a lawyer for survival may thus feel justified if he "can't" return them.
pigeons: But to be less shitty to nefario, I beleived what theymos reported word for word, and either theymos did stretch that, or nefario is lying
pigeons: anyway, the sooner coins are returned and accounts codes given out, the better.
boonies4u-Andro: true, but there will always be some people who won't submit documents
matthewh3: Nafario hasn't paid a penny in legal fees and no Theymos has not sent any coins. The only way everyone won't get there coins is if Theymos doesn't return them. That's all I'm saying from now on and probably shouldn't have even said that :/
pigeons: yeah, well everything should be returned without submitting any documents other than the acocunt information nefario already has
boonies4u-Andro: Matthewh3 - "I think he will need full legal ID to pay back coins and shares. Otherwise he risks being charged with possible money laundering and/or funding terrorism. Tho he won't disclose that information unless requested by the government/police."
boonies4u-Andro: the question is what will happen to shares and coins that aren't claimed?
boonies4u-Andro: I think they should go back to the issuer if that is the case
pigeons: they go to the issuer anyway
matthewh3: I'm not Nefario's PR and probably shouldn't have spoke about our private conversation.
pigeons: i know you're not matthewh3, and thanks for letting us know, i understand what you're saying
pigeons: if you are shutting down, you get out as fast as you can, let everyone have their stuff back. if you require new id to give back someone's stuff, you either are going to give that info to somebody, or you think you may need to bargain giving that info to somebody in the future
pigeons: you wouldn't want to take everyone's info to add to the shit you're in otherwise
assbot: [MPEX] [S.MPOE] 800 @ 0.00031544 = 0.2524 BTC [+]
pigeons: if he doesn't end up asking for id then i was too critical of nefario
boonies4u-Andro: if he doesn't end up asking for id, GLBSE is going to be dead
rg: i dont think nefario will go to jail
rg: they told him to stop-- he did
rg: now if glbse.bit or glbse.onion showed up
rg: theyd probably go after him again
gribble: nefario was last seen in #bitcoin-assets 1 week, 5 days, 23 hours, 21 minutes, and 13 seconds ago: <nefario> Those assets are not listed or traded anymore
rdponticelli: ;;echo nefario was last seen in #bitcoin-assets 50 years, 1 week, 5 days, 23 hours, 21 minutes, and 13 seconds ago: <nefario> Those assets are not listed or traded anymore
gribble: nefario was last seen in #bitcoin-assets 50 years, 1 week, 5 days, 23 hours, 21 minutes, and 13 seconds ago: <nefario> Those assets are not listed or traded anymore
dub: 05-10-12-17:17--- NO_OOh1 [~james@92.40.254.189.threembb.co.uk] has joined #bitcoin-assets
matthewh3: I think if a I2p exchange popped up and used hybrid wallets like blockchain.info then users wouldn't have to worry about the OP's running off with all the coins. If an I2p exchange popped like the GLBSE, Cryptostocks or LTC-Global how could users trust them. I know The Silk Road as been operational for a while but it could just disappear anytime?
assbot: [MPEX] [S.MPOE] 15900 @ 0.00031508 = 5.0098 BTC [-]
assbot: [MPEX] [S.MPOE] 62453 @ 0.000315 = 19.6727 BTC [-]
boonies4u-Andro: but "killed buffer" sounds like some kind of server message
dub: brilliant move, say nothing to anyone except an illiterate 9 year old
boonies4u: I just realized I was using the wrong name
assbot: [MPEX] [O.BTCUSD.C150T] 9 @ 0.08179875 = 0.7362 BTC [+]
assbot: [MPEX] [S.MPOE] 35808 @ 0.000315 = 11.2795 BTC [-]
assbot: [MPEX] [S.MPOE] 28200 @ 0.00031333 = 8.8359 BTC [-]
assbot: [MPEX:S.DICE] 1day: 0.0032 / 0.00327011 / 0.00339995 (454373 shares, 1,485.85 BTC), 30day: 0.0032 / 0.00333843 / 0.0034 (1700331 shares, 5,676.45 BTC)
assbot: [MPEX] [S.MPOE] 1100 @ 0.00031235 = 0.3436 BTC [-]
assbot: [MPEX] [S.MPOE] 31700 @ 0.00031177 = 9.8831 BTC [-]
assbot: [MPEX] [S.MPOE] 2286 @ 0.00030962 = 0.7078 BTC [-]
assbot: [MPEX] [S.MPOE] 9545 @ 0.0003096 = 2.9551 BTC [-]
gribble: usagi was last seen in #bitcoin-assets 2 days, 14 hours, 52 minutes, and 23 seconds ago: <usagi> We own 2000 shares.. should be good if glbse comes up :/
assbot: [MPEX] [S.MPOE] 23100 @ 0.00030963 = 7.1525 BTC [+]
kakobrekla: jurov, may i suggest disabling the away thingy
jurov: why? it clutters the channel?
Diablo-D3: PsychoticBoy: so I think usagi just ragequit forever
jurov: okay, znc set up, thx kakobrekla for reminder
Diablo-D3: PsychoticBoy: I dont really blame him
Diablo-D3: PsychoticBoy: his assets got hit much worse than mine did
assbot: [MPEX] [S.MPOE] 192 @ 0.00031333 = 0.0602 BTC [+]
assbot: [MPEX] [S.MPOE] 33408 @ 0.00031544 = 10.5382 BTC [+]
rg: [18:13] <kakobrekla> jurov, may i suggest disabling the away thingy
rg: doing nick|away is so 1995
rg: jurov is just paying homage
rg: i used to do nick-afk
rg: how long were you an ircop for
jurov: lol... did not realize, but i did return to irc after 15yrs
jcpham: so how is this train wreck doing
gribble: Best bid: 11.80044, Best ask: 11.94, Bid-ask spread: 0.13956, Last trade: 11.94, 24 hour volume: 63403, 24 hour low: 11.7, 24 hour high: 12.6185
gribble: There are currently 14917.521 bitcoins offered at or under 12.7 USD, worth 184121.05157 USD in total.
Diablo-D3: jcpham: the train wreck is still going
pigeons: 15 years is a long time people had to see that away message
Diablo-D3: pretty much every asset holder has said they wont return if their records can be recovered
jurov: yeah, i forgot my lil' server with linux 0.9 and irc bouncer is 15yrs running
Diablo-D3: I mean, hell, the first 2.0 came out like 16 years ago
Diablo-D3: which was a little before I started using linux
jurov: i started in '99, so don't remember much before
Diablo-D3: Ive been using linux for around that long
jurov: but it's always the same crap. only fucking artist can come up with such error msg: "problem-driven null cycle problems=1"
jurov: i'm trying to set up jackd to use instead of my hearing aids
Diablo-D3: I started linux when debian had potato unstable, and slink was released in 1999
jurov: if it works, it does nicely. but every while something blows up
assbot: [MPEX] [O.BTCUSD.C140T] 8 @ 0.10200758 = 0.8161 BTC [+]
jurov: some wannabe operating system
jcpham: never heard of it... is it like windows?
pigeons: drinka PBR and move to Plan9
jurov: i'll stay with CP/M, thanks
B0g4r7: Yea, I jumped into linux land around 1998ish. Redhat 5.2 baby.
B0g4r7: Even had a retail boxed copy I think.
B0g4r7: Wish I could find that now.
assbot: [MPEX] [S.MPOE] 36500 @ 0.00031287 = 11.4198 BTC [-]
assbot: [MPEX] [S.MPOE] 842 @ 0.0003116 = 0.2624 BTC [-]
mircea_popescu: <smickles> holy shit, the gov't representatives in romainia are elected by plurality, and they use a civil law based legal system? <<< yes.
mircea_popescu: femtotube> is that really true that there was so SEC etc agents poking at nefario? It was all just bullshit and excuse << the first part for sure. the 2nd very likely.
assbot: [MPEX] [S.BVPS] 473 @ 0.00349146 = 1.6515 BTC [+]
assbot: [MPEX] [S.BVPS] 77 @ 0.00345638 = 0.2661 BTC [-]
dub: check out atlas' latest vblog
assbot: [MPEX] [O.BTCUSD.C110T] 4 @ 0.21743878 = 0.8698 BTC [-]
dub: guess I should watch this gangam video or whatever
assbot: [MPEX] [S.MPOE] 20800 @ 0.00031276 = 6.5054 BTC [+]
assbot: [MPEX] [O.BTCUSD.P120N] 2 @ 0.25 = 0.5 BTC [-]
assbot: [MPEX] [O.BTCUSD.C070T] 177 @ 0.51951231 = 91.9537 BTC [+]
assbot: [MPEX] [O.BTCUSD.C070T] 177 @ 0.51951231 = 91.9537 BTC [+]
assbot: [MPEX] [O.BTCUSD.C070T] 1 @ 0.51951231 BTC [+]
assbot: [MPEX] [O.BTCUSD.C110T] 3 @ 0.21701203 = 0.651 BTC [-]
B0g4r7: Funny, a guy I know went to law school to study and then practice internet law.
Diablo-D3: I need some sort of multidimensional popcorn machine
mircea_popescu: so, am i the only person on btc interwebz who actually sued gubernment and won ?
assbot: [MPEX] [S.MPOE] 48700 @ 0.00031236 = 15.2119 BTC [-]
assbot: [MPEX] [S.MPOE] 14200 @ 0.00031224 = 4.4338 BTC [-]
assbot: [MPEX] [S.MPOE] 48700 @ 0.00031224 = 15.2061 BTC [-]
assbot: [MPEX] [O.BTCUSD.C140T] 2 @ 0.09878951 = 0.1976 BTC [-]
assbot: [MPEX] [O.BTCUSD.C090T] 777 @ 0.34645233 = 269.1935 BTC [-]
Azelphur: mircea_popescu: things you would say if this was magical candy land?
Garr255: <mircea_popescu> o wow glbse is back!
Garr255: mircea_popescu, you are a sick, sic, person
mircea_popescu: gotta change my "hey, pirate paid!" line with something.
grubles: mircea_popescu, looks like mpex is down
mircea_popescu: (also, there's an old ww2 air raid alarm that sounds if the site goes down)
assbot: [MPEX] [S.MPOE] 11500 @ 0.00031224 = 3.5908 BTC [-]
assbot: [MPEX] [S.MPOE] 29288 @ 0.00031173 = 9.1299 BTC [-]
mircea_popescu: at least mtgox stepped in and covered for the .pl neh ?
rdponticelli: Yeah, the only clusterfuck covered in bitcoin history?
rdponticelli: Glad that mtgox hasn't keep covering clusterfuck. They would own the whole economy at this moment
mircea_popescu: but anyway. i offered to buy glbbq back in may. ofcourse then they were still into this "we know shit" mode.
Diablo-D3: I wonder if we can claim this is our great depression
rdponticelli: Let's pay for people to make holes, and for other people to close them!
mircea_popescu: teach people about their personal inferiority, force them to recognize and bow to their superiors,
dub: you dont print pasta
Diablo-D3: mircea_popescu: there are no superiors here
Diablo-D3: even I failed at getting this shit rolling
Diablo-D3: and Im a fuckload better than the rest of you
rdponticelli: All the other at the end will fuck your girl....
rdponticelli: Diablo-D3: do you really wasn't aware when you was writing your plan that there wasn't a minimal chance that it would end well?
Diablo-D3: rdponticelli: did you just do a triple negative?
assbot: [MPEX] [S.MPOE] 14800 @ 0.00031173 = 4.6136 BTC [-]
Diablo-D3: rdponticelli: there was a large chance of success if everyone pulled together
Diablo-D3: pretty much _no one_ pulled together
rdponticelli: Maybe we just not have the same idea about largeness...
mircea_popescu: great line to use on a girl, tell her you have a large cock
mircea_popescu: Maybe we just not have the same idea about largeness...
assbot: [MPEX] [O.BTCUSD.C120T] 1000 @ 0.16390534 = 163.9053 BTC [-]
dub: just find smaller girls tbh
dub: cock looks bigger in their little hands
dub: at least thats what, my friend said
assbot: [MPEX] [O.BTCUSD.C110T] 2 @ 0.21288428 = 0.4258 BTC [-]
novusordo: anyone know if nefario is requiring ID just for the bitcoin withdrawls, or for proof of ownership of assets as well?
assbot: [MPEX] [S.MPOE] 18712 @ 0.00031173 = 5.8331 BTC [-]
assbot: [MPEX] [S.MPOE] 26488 @ 0.0003116 = 8.2537 BTC [-]
Chaaang-Noi: it is odd seeing nefario go after theymos, one of the most trusted people around
mircea_popescu: or at least trusted before his entire sell shares sinking ship thing.
Chaaang-Noi: who would not want to sell? also he was selling becasue he did not like the direction glbse was going, the legal path, theymos made that clear
gribble: Best bid: 11.02502, Best ask: 11.12, Bid-ask spread: 0.09498, Last trade: 11.02502, 24 hour volume: 86323, 24 hour low: 10.621, 24 hour high: 12.21
mircea_popescu: point was you'd be acting on undisclosed insider info.
mircea_popescu: he should have FIRST delineated all the problems he was seeing
Chaaang-Noi: well he said he was selling becasue he did not want his name listed on the legal papers
Chaaang-Noi: i kinda trust him, i doubt he expected nefario to go bat shit crazy
mircea_popescu: he should have saiod "im selling because nefario will likely crash this thing and i'd rather get something than nothing"
mircea_popescu: anything other than that level of disclosure -> fraud.
Chaaang-Noi: im pretty well trusted, im more than happy with the level of trust the comunity has given me
assbot: [MPEX] [S.DICE] 282 @ 0.0032 = 0.9024 BTC [-]
assbot: [MPEX] [S.DICE] 18 @ 0.0001 = 0.0018 BTC [-]
Chaaang-Noi: i have a lap top that works fine other than the scree will light up only about 2% of normal, just enough to know it is there... this is pretty much fucked right?
mircea_popescu: "I've decided Nefario will get a scammer tag for this. "
Chaaang-Noi: kakobrekla is that pretty easy to do at a computer shop?
mircea_popescu: cause theymos owns the forum and has asked the guy to do it ?
assbot: [MPEX] [S.DICE] 100000 @ 0.00295 = 295 BTC [+]
gribble: Best bid: 10.96809, Best ask: 11.089, Bid-ask spread: 0.12091, Last trade: 11.089, 24 hour volume: 87181, 24 hour low: 10.621, 24 hour high: 12.21
gribble: Current Blocks: 202360 | Current Difficulty: 3054627.5269486 | Next Difficulty At Block: 203615 | Next Difficulty In: 1255 blocks | Next Difficulty In About: 1 week, 2 days, 0 hours, 29 minutes, and 15 seconds | Next Difficulty Estimate: 2953812.97685027 | Estimated Percent Change: -3.30038766458
mircea_popescu: There has been [for awhile] a fairly reasonable service from MtGox lately as far as withdrawals were going. Is it going back to trouble mode? I have week worth of withdrawals, all don't move.
kakobrekla: why would be people unplugging them hashers
assbot: [MPEX] [S.DICE] 100000 @ 0.0028 = 280 BTC [-]
assbot: [MPEX] [S.DICE] 100000 @ 0.0026 = 260 BTC [-]
assbot: [MPEX] [S.DICE] 42700 @ 0.0024 = 102.48 BTC [-]
assbot: [MPEX] [S.DICE] 1900 @ 0.0024 = 4.56 BTC [-]
assbot: [MPEX] [S.DICE] 38288 @ 0.0024 = 91.8912 BTC [-]
assbot: [MPEX:S.DICE] 1day: 0.0001 / 0.0027205 / 0.00320001 (399098 shares, 1,085.75 BTC), 30day: 0.0001 / 0.003221 / 0.0034 (2081519 shares, 6,704.59 BTC)
Chaaang-Noi: long weekend in usa im sure is also hurting the btc price
mircea_popescu: Security through obscurity is not security. Passwords are security through obscurity, so yes, it is.
assbot: [MPEX] [O.BTCUSD.P090T] 10 @ 0.05651891 = 0.5652 BTC [+]
kakobrekla: Another reason to keep bond fees high :>
assbot: [MPEX] [F.GIGA.ETF] [PAID] 1000000 @ 0.00003459 = 34.58804 BTC
mircea_popescu: that's three weeks that were actually paid. if/when giga manages to sort out the glbbq mess there'll be more.
mircea_popescu: I am meeting with my lawyers this week to investigate the legality of operating a bitcoin stock exchange, or something along those lines, in Canada. I deal with a global law firm that does a lot of work in the financial sector, so they should be able to provide me with a solid footing.
mircea_popescu: After the legal issues are sorted out, my main concern is how to create one that is not centralized, and not run by a small group of people. I am already working with some top notch security and hosting people,
rg: i vote that we just let rg have all our money
assbot: [MPEX] [S.DICE] 17112 @ 0.0024 = 41.0688 BTC [-]
assbot: [MPEX] [S.DICE] 300000 @ 0.0022 = 660 BTC [-]
assbot: [MPEX] [S.DICE] 52888 @ 0.0018 = 95.1984 BTC [-]
rdponticelli: Why I believe all that money is headed directly into an exchange?
kakobrekla: >> 14:59.30 ( mircea_popescu ) I am meeting with my lawyer
kakobrekla: mircea_popescu, srsly, when you quote, urlpls automagic
assbot: [MPEX] [O.BTCUSD.C090T] 1000 @ 0.31012557 = 310.1256 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 1000 @ 0.2400318 = 240.0318 BTC [-]
assbot: [MPEX] [O.BTCUSD.C110T] 1000 @ 0.18222296 = 182.223 BTC [-]
mircea_popescu: tho you'd have to be imo insane to sell s.dice half price to buy calls.
mircea_popescu: stands to profit 90 btc on those c090t if btc goes to 15
mircea_popescu: ou know that if I can actually consider paying the fine myself, then the fine is too small.
assbot: [MPEX] [S.MPOE] 14400 @ 0.00031245 = 4.4993 BTC [-]
assbot: [MPEX] [S.MPOE] 56800 @ 0.0003125 = 17.75 BTC [+]
assbot: [MPEX] [S.MPOE] 707 @ 0.00031338 = 0.2216 BTC [+]
assbot: [MPEX] [S.MPOE] 4975 @ 0.0003137 = 1.5607 BTC [+]
assbot: [MPEX] [S.MPOE] 54318 @ 0.00031379 = 17.0444 BTC [+]
assbot: [MPEX] [S.MPOE] 1 @ 0.00031271 BTC [-]
Chaang-Noi: Update:we will begin processing account closures and returning bitcoin later today.
Azelphur: Chaang-Noi: what is returning?
pigeons: nice, look, the whole situation sucks, he's closing down so your accounts will be closed. let's just hope for the best that everyone gets their coins back and an accounting of who owns what
Chaang-Noi: yeah it would be nice if people got their coins back.
Chaang-Noi: but this asset thing is going to be a mess, a massive mess
pigeons: its going to be a massive mess, we know that, as long as it keeps moving forward from here, its better than moving backward or not moving
Chaang-Noi: not really sure why thats cool, im sure most people have invested in now worthless assets, not have btc being held on glbse
Azelphur: my asset is still worth as much as I paid for it \o/
pigeons: well lets see if everybody gets back the coins they do have an accounting of what they have and then we can bitch about how it sucks
Chaang-Noi: i agree pigeons but i expect things will slow down. iv already been told i cant accept the code system glbse gave me
pigeons: what are your suggestions for an alternate to the code system?
pigeons: is your main concern with the code system that you don't trust that the information is accurate?
Chaang-Noi: i can only accept the code system if nefario will take the liability for it going bad and BS aml stuff.
Chaang-Noi: as far as i know he is giving these codes to terrorists and is using me to launder money.
Chaang-Noi: i know, it sucks. i had hoped nefario would be able to come up with a better option
kakobrekla: pirate could be a terrorists laudring money ... you didnt have a problem back then?
Chaang-Noi: if the feds arrest me and ask me where the money went i can say pirate and i can say why.
Chaang-Noi: if i take the code system and the feds arrest me i can say i dont know where it went and cuz i trusted some guy who was made at me named nefario...
Chaang-Noi: the coins need to go to nefario first so he can verrify that the correct owners get them
Chaang-Noi: and i thought he was going to do something like that
Chaang-Noi: i was told he was, and i guess he still might.
Chaang-Noi: but that update did not sound too good.
assbot: [MPEX] [S.MPOE] 3435 @ 0.00031271 = 1.0742 BTC [-]
assbot: [MPEX] [S.MPOE] 16900 @ 0.00031234 = 5.2785 BTC [-]
assbot: [MPEX] [S.MPOE] 33265 @ 0.0003115 = 10.362 BTC [-]
leotreasure: how does nefario know where to send all our coins to?
femtotube: in short, nefario made huge present to all the sec issuers?
assbot: [MPEX] [S.MPOE] 8382 @ 0.00031379 = 2.6302 BTC [+]
assbot: [MPEX] [S.MPOE] 67718 @ 0.00031425 = 21.2804 BTC [+]
Chaang-Noi: no, the sec issuers are pretty screwed. they are now in a very bad spot.
Chaang-Noi: if nefario does what i think he will. he however might not so we will just have to wait.
copumpkin: Chaang-Noi: I've heard other people saying legal advice they received suggested that issuers (even in the US) would be shielded by the fact that nefario acted as more than an exchange, and he would thus be on the hook for the issuance of bad securities
copumpkin: rather than the people we generally consider the issuers
femtotube: how come Chaang-Noi? They have the coin and "no way to pay" back
Chaang-Noi: yes copumpkin, that is what i was told to and one of the meany reasons why i should not accept a code system.
Chaang-Noi: femtotube just because they have btc does not mean they can spend them. they ahve to hold them forever until this gets solved.
femtotube: btw, I am in attempting to set up a OT server to see how it works and can it be used to pick up where GLBSE left off
copumpkin: anyway, I'd much prefer if nobody got screwed over this, especially people I like
femtotube: Chaang-Noi: not in this scammers an liars community :)
Chaang-Noi: copumpkin you must not know about my assets being delisted and me being given a "code system" to find the asset holders?
copumpkin: Chaang-Noi: nah, I'm way behind the times
femtotube: Chaang-Noi: I also had a code to get something from your securities
Chaang-Noi: well copumpkin my assets were delisted. i was then givien a bunch of random numbers, the share holderes were then mailed a matching code. and we are supposed to meet up somehow and trade assets for codes.
Ukto: pigeons: I have a suggestion for alternative
Ukto: still working on it
copumpkin: I feel like he would've done a lot better if he'd had professional advice
Ukto: I havent shown you yet. :P
copumpkin: or paid attention to it or something
copumpkin: I still would prefer him not to get in trouble though
Chaang-Noi: people can use the codes more than once
Chaang-Noi: i have no way to know what code has been used twice, what one is real, its soo crazy
Chaang-Noi: i was e-mailed a bunch of random numbers
Chaang-Noi: people are to then send me their secret code and then problem solved...
copumpkin: I guess you're expected to keep records
Chaang-Noi: nefario made up a system that clearly wont work for more than one reason
copumpkin: are they long/random enough to be unguessable?
Chaang-Noi: what if a code is used more than once?
Ukto: thats waht I had been planning
Chaang-Noi: how do i know that the code holder really had the asset?
Ukto: lets hope he was smarter than that
copumpkin: Chaang-Noi: I guess you're just supposed to keep a spreadsheet or a file somewhere with a list of the ones you've paid?
Ukto: have you laoded the data
Ukto: to see if thereare dupes?
copumpkin: Chaang-Noi: you need to trust nefario! sounds like a smart thing to do :)
Chaang-Noi: yeah, i can not do this without trusting nefario
Ukto: i agree with copumpkin: with proper care, there would be no dupes
Chaang-Noi: sadly right now i can not trust nefario
copumpkin: you still need to trust nefario's honesty and competence
Ukto: Chaang-Noi: your just going to pay out right?
copumpkin: I don't think he's malicious, but I'm not too sure about the second half
Ukto: sucks, i expected him to take longer
copumpkin: Chaang-Noi: did he give you how much each code owned?
Chaang-Noi: what happens when someone sells a valid code but its already been used?
Ukto: first come first serv
Ukto: tell ppl not to buy them
Chaang-Noi: people are selling their codes like they would an asset but otc
Ukto: thats their problem
Ukto: they shouldnt do it
copumpkin: buyers need to confirm with you that the code is valid
Ukto: if they wanna trade them
Ukto: have the original contact you
jcpham: the code is to be sold, not told
Ukto: and the new buyer contact you
Ukto: and do it through you
Chaang-Noi: iv been told i cant accept the code system anyway.
Ukto: now i am mroe confused
Ukto: i thoguth the code was to show proof of ownership ?
Chaang-Noi: i can not accept the liability nefario had when he sold the assets
Ukto: and did users get their codes for their holdings?
Chaang-Noi: i was told user have codes, some people have codes
jcpham: fight the power. f-f-f-f-fight the power
Ukto: wait wait, is this ONLY for your assets? or for any asset due to closing ?
Chaang-Noi: iv seen some of the codes sent to me via email from supposed glbse customers
Diablo-D3: NEFARIO IS GOING TO GET SCAMMER TAG
Chaang-Noi: but as far as i know its all nefario :/
Diablo-D3: YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS
Chaang-Noi: ukto i dont know what nefario ha done for other assets, only mine
Diablo-D3: Chaang-Noi: well, you know he tried to fuck me
Ukto: what u talkin bout willis
Ukto: thers is some stuff apaprently
Diablo-D3: Ukto: he tried to fuck me before getting fucked by nefario was popular
Ukto: Diablo-D3: i honestly wonder if my accoutn being 'hacked' was getting fucked by him too now
Ukto: he was living off of glbse
Ukto: told me himself he had no other income
Diablo-D3: yeah, Im wondering how many BTC I actually lost in DMC, or if he actually stole them
Ukto: he said only from profits though, but
Chaang-Noi: and there were many accounts hacked that did not seem like they should ahve been
Diablo-D3: I mean, why else would he intentionally fail to audit me
Diablo-D3: he didnt want people to know what he was doing
Diablo-D3: and he realized he would get caught
Ukto: I just need another.. 2~4 hours
Ukto: and i will have a solution for when nefario releases everyones info
Ukto: what tos? i dont see one on the site
copumpkin: Chaang-Noi: you mean like that passport photo he published? :P
Ukto: as far as I am concerned, he changed his tos to nothingness
copumpkin: perhaps it's shutting down cause he got sued over that
Chaang-Noi: thats why i never gave him my passport photo...
Ukto: he hadtoo many issues
Chaang-Noi: nefario has proven himself to be fail over and over, he just thought he was hot shit and protected
Chaang-Noi: * Ukto :You must log in with services to message this user
copumpkin: it's the fucking goatse guy's fault
copumpkin: if he wasn't baring his asshole to everyone, we wouldn't have +R
Ukto: is he still doing it?
copumpkin: beats me, but I just turned it on unconditionally in my client
assbot: [MPEX] [S.MPOE] 282 @ 0.00031425 = 0.0886 BTC [+]
assbot: [MPEX] [S.MPOE] 33918 @ 0.00031458 = 10.6699 BTC [+]
assbot: [MPEX:S.DICE] 1day: 0.0001 / 0.00243113 / 0.0032 (753188 shares, 1,831.10 BTC), 30day: 0.0001 / 0.00305967 / 0.0034 (2451519 shares, 7,500.86 BTC)
Ukto: anyone happen to have a screenshot of the asset page details? specifically the bid/ask tables? (for any asset)
Ukto: I am kinda curious about something
Ukto: cant find it on google images
Ukto: you rock kakobrekla :)
assbot: [MPEX] [S.MPOE] 6983 @ 0.00031458 = 2.1967 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 3 @ 0.25780139 = 0.7734 BTC [+]
Diablo-D3: that has approximately the last bids and asks for a lot of assets
rdponticelli: Ukto: did you want a snapshot of the glbse assets page?
Ukto: as it woudl be pointless to mention before finding out if any asset creators want to continue
rdponticelli: Because some guy made one for my asset in it's thead, but I'm looking at it now and it's only the orderbook and the forms
rdponticelli: Well, I had also saved the page with the portfolio of my asset account...
kakobrekla: im guessing there will be a login of some sorts
Ukto: based on Chaang-Noi
Ukto: i expect there wont be
Ukto: asset holders will get a list of codes+amounts
Ukto: and the holders will get a list of matching codes+amount
copumpkin: asset holder can be abbreviated to ass-hol
rdponticelli: Everything can, and even should be abbreviated to ass-something
assbot: [MPEX] [O.BTCUSD.C080T] 2 @ 0.38882848 = 0.7777 BTC [-]
Cylta: (rumour from #bitcoin-otc, want to check is it true or not)
rdponticelli: Bad news: bitcoinica isn't in business anymore
Ukto: and you will have your answer
Cylta: mircea_popescu: so, you are the only, who have a stock exchange with bitcoins?
Ukto: dont trust the word of random irc ppl
Cylta: mircea_popescu: oh, right...
assbot: [MPEX] [S.MPOE] 4743 @ 0.00031458 = 1.4921 BTC [+]
mircea_popescu: Chaang-Noi did you eventually get your btc balance from glbse ?
mircea_popescu: um. what % is that ? what's the nature of the dispute ?
Chaang-Noi: i dont know the nature. i still do not know why my account was closed and my assets seized
Chaang-Noi: i do not have an exact number but i expect a signiificant amount more
Chaang-Noi: i made the mistake of trusting nefario...
assbot: [MPEX] [S.MPOE] 13203 @ 0.00031458 = 4.1534 BTC [+]
Chaang-Noi: i trusted glbse cuz people like theymos were in it
Chaang-Noi: after dealing with a year of nefario its so clear now he is a crazy baby
mircea_popescu: im getting arab hating spam now. wtf is wrong with people.
assbot: [MPEX] [S.MPOE] 5253 @ 0.00031458 = 1.6525 BTC [+]
assbot: [MPEX] [S.MPOE] 11910 @ 0.00031471 = 3.7482 BTC [+]
assbot: [MPEX] [S.MPOE] 13337 @ 0.00031478 = 4.1982 BTC [+]
mircea_popescu: i must confess i like the emotional responses people come up with
Ukto: y? cause he trid to sell his shares?
mircea_popescu: cause he tried to sell shares in something he either did know or should have known was worthless
Criminalio: mircea_popescu it only appears now in hindsight that he _may have_ misrepresented himself publicly
Criminalio: use weaker language until you are sure
Criminalio: then give me all of your bitcoins because I've got a deal for you
DeaDTerra1: How about giving the whole forum a scammer tag :) We might as well with all the accusations coming down
Criminalio: some might say that the pirate thing escalated
mircea_popescu: some may say many things, including those. i didn't say them.
Criminalio: It's more fun to make things up and write my own history
Ukto: what did MPEX have to do with that thread...
assbot: [MPEX] [S.MPOE] 44400 @ 0.00031363 = 13.9252 BTC [-]
assbot: [MPEX] [S.MPOE] 2100 @ 0.00031274 = 0.6568 BTC [-]
rdponticelli: Just put a scammer tag in every single satoshi
rdponticelli: And everybody who anytime touched a single satoshi would be life marked
rdponticelli: Well, not precisely harmless, but at least the less harmful of the scammers
rdponticelli: Somebody payd him in excess, and he kept the difference
assbot: [MPEX] [S.MPOE] 37900 @ 0.00031274 = 11.8528 BTC [-]
rdponticelli: He misrepresented value, failing to account for splits
pigeons: adam back's hashcash was the start of the scam
rdponticelli: Ok, let's take care of all the bulanulas, first xD
pigeons: hey bitcoin is non refundable!
mircea_popescu: Get ready for it kids, bitcoin is going down the path of specialized criminal enterprise so fast it outstrips belief. The next big disaster is already out there- BFL's and the massive pre-order, that will end up getting the royal shaft in about 30 days
assbot: [MPEX] [S.MPOE] 67900 @ 0.00031437 = 21.3457 BTC [+]
gribble: Best bid: 11.4, Best ask: 11.45, Bid-ask spread: 0.05000, Last trade: 11.45, 24 hour volume: 99825, 24 hour low: 10.621, 24 hour high: 11.99
assbot: [MPEX] [S.MPOE] 24628 @ 0.00031478 = 7.7524 BTC [+]
rdponticelli: mircea_popescu: it could be true. Maybe if somebody kills the guy, glbse would be back up
mircea_popescu: so is the forum drama-exhausted or what ? i'd have expected a lot moar butthurt on theymos thread.
jcpham: the forum has been played out for some time now
Doffx: Drama? This would be beyond drama.
Doffx: This is a complete and utter catastrophe.
assbot: [MPEX] [S.MPOE] 31268 @ 0.00031478 = 9.8425 BTC [+]
assbot: [MPEX] [S.MPOE] 23800 @ 0.00031487 = 7.4939 BTC [+]
assbot: [MPEX] [S.MPOE] 3641 @ 0.00031538 = 1.1483 BTC [+]
JWU_42: what is a catastrophe?
JWU_42: what drama did i miss now ;)
assbot: [MPEX] [S.MPOE] 1 @ 0.00031437 BTC [-]
rdponticelli: Today's drama is nothing compared to tomorrow's one
JWU_42: mircea_popescu: thanks
assbot: [MPEX] [S.MPOE] 6 @ 0.00031437 = 0.0019 BTC [-]
assbot: [MPEX] [S.MPOE] 8 @ 0.00031437 = 0.0025 BTC [-]
assbot: [MPEX] [S.MPOE] 3 @ 0.00031437 = 0.0009 BTC [-]
assbot: [MPEX] [S.MPOE] 9 @ 0.00031437 = 0.0028 BTC [-]
assbot: [MPEX] [S.MPOE] 6 @ 0.00031437 = 0.0019 BTC [-]
assbot: [MPEX] [S.MPOE] 6 @ 0.00031437 = 0.0019 BTC [-]
assbot: [MPEX] [S.MPOE] 5 @ 0.00031437 = 0.0016 BTC [-]
assbot: [MPEX] [S.MPOE] 5 @ 0.00031437 = 0.0016 BTC [-]
assbot: [MPEX] [S.MPOE] 3 @ 0.00031437 = 0.0009 BTC [-]
assbot: [MPEX] [S.MPOE] 3 @ 0.00031437 = 0.0009 BTC [-]
assbot: [MPEX] [S.MPOE] 8 @ 0.00031437 = 0.0025 BTC [-]
assbot: [MPEX] [S.MPOE] 5 @ 0.00031437 = 0.0016 BTC [-]
assbot: [MPEX] [S.MPOE] 1 @ 0.00031437 BTC [-]
assbot: [MPEX] [S.MPOE] 8 @ 0.00031437 = 0.0025 BTC [-]
assbot: [MPEX] [S.MPOE] 8 @ 0.00031437 = 0.0025 BTC [-]
assbot: [MPEX] [S.MPOE] 9 @ 0.00031437 = 0.0028 BTC [-]
assbot: [MPEX] [S.MPOE] 6 @ 0.00031437 = 0.0019 BTC [-]
dub: would be great if theymos taged himself then left bitcoin entirely
assbot: [MPEX] [S.MPOE] 8 @ 0.00031437 = 0.0025 BTC [-]
dub: he really is the ultimate scammer
assbot: [MPEX] [O.BTCUSD.P110T] 10 @ 0.097 = 0.97 BTC [-]
assbot: [MPEX] [O.BTCUSD.P100T] 10 @ 0.06366671 = 0.6367 BTC [-]
dub: has nefario actually said anything yet?
jcpham: lawyers normally shut people up
dub: no further proof of theymos intent to continue to destroy bitcoins credibility is needed
jcpham: smoothie still owes me $550 USD on halloween
jcpham: i sold him $11 bitcoins months ago
dub: its like he illicits applications for moderator positions (already a broken model) and selects only the most stupid applicants
dub: If I were you I would relinquish it or face further reputation taint
assbot: [MPEX] [O.BTCUSD.P090T] 20 @ 0.038 = 0.76 BTC [-]
assbot: [MPEX] [S.MPOE] 1 @ 0.000315 BTC [+]
assbot: [MPEX] [S.MPOE] 1999 @ 0.00031538 = 0.6304 BTC [+]
assbot: [MPEX] [S.MPOE] 8000 @ 0.00031544 = 2.5235 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00031438 = 3.1438 BTC [-]
assbot: [MPEX] [S.MPOE] 7157 @ 0.00031437 = 2.2499 BTC [-]
assbot: [MPEX] [S.MPOE] 34975 @ 0.00031433 = 10.9937 BTC [-]
dub: anyone else still have a tab open on ther glbse portfolio?
dub: I like to look at it some times and admire my DMC share
gribble: nefario was last seen in #bitcoin-assets 2 weeks, 0 days, 1 hour, 3 minutes, and 29 seconds ago: <nefario> Those assets are not listed or traded anymore
assbot: [MPEX] [S.MPOE] 1825 @ 0.00031433 = 0.5737 BTC [-]
assbot: [MPEX] [S.MPOE] 7475 @ 0.00031401 = 2.3472 BTC [-]
assbot: [MPEX] [S.MPOE] 9000 @ 0.00031401 = 2.8261 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00180001 = 1.8 BTC [+]
gribble: nefario was last seen in #bitcoin-assets 2 weeks, 0 days, 1 hour, 46 minutes, and 55 seconds ago: <nefario> Those assets are not listed or traded anymore
dub: I like to look at it some times and admire my DMC share
dub: just noticed this 6 slot pcie expansion chassis sitting in a rack
assbot: [MPEX] [S.MPOE] 383 @ 0.00031401 = 0.1203 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031401 = 0.157 BTC [-]
dub: strewth brendio is in australia
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031401 = 0.314 BTC [-]
assbot: [MPEX] [S.MPOE] 1742 @ 0.00031401 = 0.547 BTC [-]
assbot: [MPEX] [S.BVPS] 103 @ 0.00345638 = 0.356 BTC [-]
assbot: [MPEX] [S.BVPS] 300 @ 0.00338731 = 1.0162 BTC [-]
assbot: [MPEX] [S.BVPS] 250 @ 0.00338161 = 0.8454 BTC [-]
assbot: [MPEX] [S.BVPS] 150 @ 0.0033425 = 0.5014 BTC [-]
assbot: [MPEX] [S.BVPS] 123 @ 0.00333291 = 0.4099 BTC [-]
assbot: [MPEX] [S.BVPS] 74 @ 0.00296003 = 0.219 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 500 @ 0.00031274 = 0.1564 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031274 = 0.3127 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031274 = 0.3127 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031274 = 0.3127 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031274 = 0.3127 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031274 = 0.3127 BTC [-]
assbot: [MPEX] [S.MPOE] 1600 @ 0.00031274 = 0.5004 BTC [-]
assbot: [MPEX] [S.MPOE] 4658 @ 0.00031203 = 1.4534 BTC [-]
assbot: [MPEX] [S.MPOE] 14800 @ 0.00031406 = 4.6481 BTC [+]
assbot: [MPEX] [S.MPOE] 3330 @ 0.00031438 = 1.0469 BTC [+]
assbot: [MPEX] [S.MPOE] 49870 @ 0.00031606 = 15.7619 BTC [+]
assbot: [MPEX] [S.DICE] 300 @ 0.00181 = 0.543 BTC [+]
Doffx: Wow did S.Dice really tank that much what the heck
rdponticelli: That's nothing. Today somebody sold some @0.0001
Doffx: lemme guess the Nevada Gaming commision is going after Sdice
Doffx: I blame mircea_popescu for not specifically telling us so.
rdponticelli: Publish that on the forum, and somebody is selling it all the way down...
Doffx: Let me get a short position first
mircea_popescu: it's not located in nevada so it's ok, nefario's lawyer told me so.
Doffx: Well I'm happy to know that even if I do manage to get my shares transfered somewhere else they will have lost 75% or so of the value.
assbot: [MPEX] [S.MPOE] 38700 @ 0.00031203 = 12.0756 BTC [-]
rdponticelli: Anyway, there'll be a lot of today's, me think....
JWU42: it is tomorrow just about
rdponticelli: I think we all are living the groundhog day, it can't be a clusterfuck everyday. Surely it's the same clusterfuck happening over and over again....
assbot: [MPEX] [S.MPOE] 1600 @ 0.00031263 = 0.5002 BTC [+]
assbot: [MPEX] [S.MPOE] 18142 @ 0.00031203 = 5.6608 BTC [-]
mircea_popescu: rdponticelli tbh, the positive way to look at this is, time washing out the grime.
rdponticelli: Anyway, nobody even dare to ask what else can happens...
pigeons: gavin found in bed with a live boy and dead girl
mircea_popescu: rdponticelli well preeeeety much the only thing left is lets see...
rdponticelli: Anyway is useless, they're no alerts in bitcoin. Fuckups just falls from the sky...
dub: whats 25% of a satoshi?
rdponticelli: Please, don't burn anything. Anything burned would be and essential unknown piece of bitcoin, for sure
dub: how will I recoup my investment in DMC
mircea_popescu: rdponticelli "MPOE-PR MPEX Representative Instigating FUD and Pedaling Illegal Immoral Service"
rdponticelli: Joy dub! You reached the bottom! You can't keep falling!
dub: everyone quickly ignore jasinlee
dub: can you see how many have you on ignore?
dub: who is bitcoin.me? changed alias at some stage?
mircea_popescu: dub he's this douche that kept trying to shit on mpex. then it turned out he's a shill, owns(ed) glbse shares.
Diablo-D3: oh, bitcoin.me? hes been trying to troll the dmc thread too
dub: pretty sure its someone who changed names
Diablo-D3: showed up exactly when nefario locked dmc
Diablo-D3: so Im thinking it actually IS nefario
dub: what a genetic fuckup that is
Ukto: Diablo-D3: haha @ tealc :P
dub: an entire continent of people descended from the people the rest of the world threw out in the trash
BitcoinBear: my daughters are watching a nature show about deadly aussie animals
Diablo-D3: BitcoinBear: thats all of australia
assbot: [MPEX] [S.MPOE] 17858 @ 0.00031168 = 5.566 BTC [-]
dub: amuricans don't inhabit a whole continent
Diablo-D3: canada is ex-english and ex-french
Diablo-D3: mexico is ex-spanish with the descendants of native rape victims
mircea_popescu: it wouldn't be safe for glbse to pay to old btc addresses of customers would it ?
mircea_popescu: they can't just send balances to "last address" or w/e
Diablo-D3: it cant tell the difference between change and real addresses
Diablo-D3: mircea_popescu: you mean unable to claim legally
Diablo-D3: at least he could have waited until I was done shutting DMC down before he paniced
dub: dude this is the best outcome for you
dub: free as a retarded bird
mircea_popescu: dub on the other hand, im pretty sure mpoe.etf had some hundred btc in bidwalls at the time
BitcoinBear: argh, why cant nefario show his face and answer questions?
dub: cause he's a spineless little motherfucker?
BitcoinBear: I guess he hadnt thought of how this would work
Ukto: I have a pretty good idea how it iwll work
Ukto: based on what he did with goat
BitcoinBear: I've been bitcoinbear on the forum for about a year or something
Ukto: As I said before, when I was attempting to work with him to fixup gblse, I spent a month working with him, and I have a pretty good handle on how he deals with shit
Ukto: and based on what I have seen, i have a pretty good idea how he will handle the handing out of information
dub: in a retarded and hopelessly broken manner
BitcoinBear: it is nice to have current, real-time conversation, but I cant always sit online
Ukto: Unfortunately, there are some issues with his method, I hope he figured out sooner than later
Ukto: if you do it with enough unqieness it can
BitcoinBear: what do goats codes look like? are they easy to guess?
Ukto: mircea_popescu: I can work around that
Ukto: ppl shouldnt buy codes off of someone else
Ukto: nefario isnt trying to make a decentralized market
Ukto: i dont know what hes smoking about not giving the codes to teh asset creator tho
Ukto: thats kinda the point
Ukto: so they can track who had what
assbot: [MPEX] [S.MPOE] 587 @ 0.0003132 = 0.1838 BTC [+]
mircea_popescu: Wait, what if everyone on the forums starts with a scammer tag, then if your ponzi scheme or exchange or investment or whatever lasts for more than 6 months (or 6 transactions), then you have to petition the mods to have the scammer tag removed?
mircea_popescu: This way, you can tell who's a scammer immediately (it's everyone, everyone is a scammer).
rdponticelli: nefario should just put his shit up, allowing only trasfers
Diablo-D3: well, they say you're supposed to get back on the horse when your startup fails
Diablo-D3: I mean, I know how the sausage is made, but Im not sure if I liked being the one making it
assbot: [MPEX] [S.MPOE] 20212 @ 0.00031232 = 6.3126 BTC [-]
assbot: [MPEX] [O.BTCUSD.P200T] 2 @ 0.61810948 = 1.2362 BTC [-]
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.77852754 = 778.5275 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 1 @ 0.3349582 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 799 @ 0.33314565 = 266.1834 BTC [-]
assbot: [MPEX] [O.BTCUSD.P190T] 1 @ 0.70264176 BTC [+]
assbot: [MPEX] [O.BTCUSD.P190T] 879 @ 0.68945116 = 606.0276 BTC [-]
gribble: Best bid: 11.84779, Best ask: 11.89999, Bid-ask spread: 0.05220, Last trade: 11.84779, 24 hour volume: 98309, 24 hour low: 10.621, 24 hour high: 11.95198
assbot: [MPEX] [O.BTCUSD.P130T] 3 @ 0.20373372 = 0.6112 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 818 @ 0.18796849 = 153.7582 BTC [-]
assbot: [MPEX] [O.BTCUSD.P140T] 228 @ 0.24406928 = 55.6478 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 1000 @ 0.23166842 = 231.6684 BTC [-]
assbot: [MPEX] [O.BTCUSD.C110T] 1000 @ 0.1742641 = 174.2641 BTC [-]
assbot: [MPEX] [S.MPOE] 3400 @ 0.00031456 = 1.0695 BTC [+]
assbot: [MPEX] [O.BTCUSD.P200T] 713 @ 0.77852754 = 555.0901 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 387 @ 0.33314565 = 128.9274 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 812 @ 0.23148323 = 187.9644 BTC [-]
mircea_popescu: He washed his hands of all responsibility the moment that nefario (I spit and use hand gestures to ward off evil when I type that name!)
assbot: [MPEX] [S.MPOE] 10200 @ 0.00031427 = 3.2056 BTC [-]
dub: and a disgusting frenchman
assbot: [MPEX] [O.BTCUSD.C100T] 794 @ 0.23137224 = 183.7096 BTC [-]
dub: canadian, same difference
mircea_popescu: but alas, to omuch excitement for one day. catch you all tomorrow for more!
Diablo-D3: [10:29:01] <mircea_popescu> He washed his hands of all responsibility the moment that nefario (I spit and use hand gestures to ward off evil when I type that name!)
Diablo-D3: you have to spit and then turn around in a circle 3 times
Azelphur: mircea_popescu: I'm curious, has MPEX traffic increased since glbse went down? if so by how much? :p
gribble: Best bid: 12.15251, Best ask: 12.2, Bid-ask spread: 0.04749, Last trade: 12.15251, 24 hour volume: 59176, 24 hour low: 10.97, 24 hour high: 12.35
assbot: [MPEX] [S.MPOE] 6128 @ 0.0003132 = 1.9193 BTC [-]
assbot: [MPEX] [S.MPOE] 58000 @ 0.00031291 = 18.1488 BTC [-]
EskimoBob: mircea_popescu: have you talked to nefario about s.dice PT shares and how to clean up this mess?
mircea_popescu: logically there's little i can do anyway or little reason to contact me
mircea_popescu: the pt was run by deadterra on glbse, he'd likely have to get the lists of his new customers
assbot: [MPEX] [S.MPOE] 10600 @ 0.00031209 = 3.3082 BTC [-]
assbot: [MPEX] [S.MPOE] 13297 @ 0.00031204 = 4.1492 BTC [-]
mircea_popescu: EskimoBob so did glbse send any money yet or anything ?
Chaang-Noi: its seems only cuz he screwed over glbse (theymos) stock holders
Chaang-Noi: not cuz he fucked over glbse customers...
mircea_popescu: especially given that his confederate that anon bitcoin.me guy said he KNEW before selling
Chaang-Noi: i thought badbear would have not be so clear about only protecting theymoses investments
Chaang-Noi: i thought he would ahve said some bs about protect custimers or what not
assbot: [MPEX] [S.MPOE] 3700 @ 0.00031231 = 1.1555 BTC [+]
rdponticelli: What's funnier is that theymos was the one who requested the pirate passthroughs
rg: [11:15] <mircea_popescu> especially given that his confederate that anon bitcoin.me guy said he KNEW before selling
rg: told you that was sketchy
rg: everyone was like ohh noo
rg: hes been trying to sell
Chaang-Noi: theymos (or someone) deleated a few of my posts..
rg: yeah... trying to sell a week cause he knew
rg: Chaang-Noi: it happens to me all the time
rg: theyre not supposed to delete threads
rg: unless theyre misposted
mircea_popescu: yaya well, they didn' delete threads, just a bucnha posts in one
Chaang-Noi: that does not mean theymos knew that i was going to be kicked off before it happened
mircea_popescu: neither burt's, nor the one who quotes, nor the one who the quoted one responds to are there anymore.
Chaang-Noi: well did bitcoin.me join the org sale or did he join later?
Chaang-Noi: but bitcoin.me could have joined wanting to sell later
mircea_popescu: you know what they say, a bottle of wine with a drop of piss added is a bottle of piss.
Chaang-Noi: i mena the one bitcoin.me is talking about
mircea_popescu: in general the rule is, he who references irc logs has to link to source.
Chaang-Noi: this whole thing more or less showed this forum is worthless
Chaang-Noi: i lost a lot of respect for theymos and staff...
Chaang-Noi: maged even threatoned me, then i made that publc and he resigned the investigation
EskimoBob: "mircea_popescu | EskimoBob so did glbse send any money yet or anything ?" - I have not received anything
Chaang-Noi: bitcoin.me was the one who called me a scammer for "taking atvantage of nefarios good will"
kakobrekla: i really hate the lack of nice designs for this sit
kakobrekla: and www.bitaddress.org is not printer friendly at all
jcpham: goat realize i blame you for everything
jcpham: everything that has went wrong...you were involved in it....
Chaang-Noi: i have been involved in everything that has gone wrong
jcpham: seems like a fucking pattern of fail
Chaang-Noi: i lost over $100,000 usd in the last year and all my time...
Chaang-Noi: i would have done well if i just held...
Chaang-Noi: and now i have bs liabilities cuz of nefario
jcpham: maybe it's time to make a new name
Chaang-Noi: the guy who admited to reading pms on the forum...
jcpham: and reinvent yourself as a next level scammer
Chaang-Noi: make a new name? fuck that... ill just leave the forum...
Chaang-Noi: im not anon i doxed myself when i did tygrr tech
assbot: [MPEX] [S.MPOE] 50020 @ 0.00031204 = 15.6082 BTC [-]
Doffx: You dont have a scammer tag do you Chaang-Noi?
Doffx: That's why I asked, didnt think you should, but you definitely have been caught in the middle of a bunch
Doffx: There's an irony there somewhere, id bet most people would have bet you would have been the scammer haha
Doffx: Even if I get the asset I own the most of back, I bought it at .0032, I could now sell it at 0.00181001
Chaang-Noi: most people think im the scammer yet i keep getting fucked by trusted community memebers
Doffx: Man, I cant imgine losing 100k, I could do everything I wanted in my current plans and pay off all my debt and still have some left over if I got 100k
assbot: [MPEX] [S.MPOE] 5783 @ 0.00031204 = 1.8045 BTC [-]
assbot: [MPEX] [S.MPOE] 27859 @ 0.00031198 = 8.6915 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00031162 = 0.3116 BTC [-]
assbot: [MPEX] [S.MPOE] 5993 @ 0.00031158 = 1.8673 BTC [-]
assbot: [MPEX] [S.MPOE] 15859 @ 0.0003115 = 4.9401 BTC [-]
Chaang-Noi: i did well with a company i ran, then oil then gold...
copumpkin: Chaang-Noi: it's all cause of that chip you gave me at the casino :(
copumpkin: I mean the actual casino chip you gave me :)
copumpkin: not the coin I claim to have stolen
Chaang-Noi: i had a budget on the amount that i was going to lose that trip
copumpkin: I had similar performance when trying with my own money
copumpkin: which is why I stopped so early :P
Chaang-Noi: streight flush and then 172 odds on craps
copumpkin: I guess this just means I'm really lucky with the women
Chaang-Noi: im just shocked i did not hit my limit on losses
MrTiggr: 3 cardpoler ... i knew a chick we called that
Chaang-Noi: i was told the strip clubs in vegas are pretty good.. i was told this after i got back, lol
MrTiggr: sry, cudnt help myself ... as u were
Chaang-Noi: meh, we were not talkingabout anyhint real :)
MrTiggr: i think "stolen" triggered my keywords
MrTiggr: mebe need take that one out of my list
MrTiggr: the sound a pirateship makes sinking
Chaang-Noi: id like to see a list of your key words :)
MrTiggr: personal thoughts == not a deliberate scam ... but stank from day 1
Chaang-Noi: i think nefario was drunk with power and when he was told he cant act like a tyrant took his ball and went home
MrTiggr: "Of course im drunk with power .. ever tried going crazy without it? noone listens"
MrTiggr: *simpsons reference 100 bonus points*
MrTiggr: lol and, iirc DR Nefario IS actually a DR
MrTiggr: not a medical MD but has a doctorite
MrTiggr: lol and several other acronyms
MrTiggr: badly managed and i shudda seen it coming is my opinion
MrTiggr: jus too much else to eat popcoin to
Chaang-Noi: i knew he lied and made deals he could not keep
MrTiggr: yah - he donated the bitcoin-police website/domain
Chaang-Noi: however i never expected this meltdown
MrTiggr: i dont think he MEANT to rip anyone
Chaang-Noi: im not so sure he even understands he hurt anyone at this point
MrTiggr: his d0x is had .. if need be hes done
Doffx: I expected it from the time I started using it, however how the hell could I possibly pinpoint the exact when.
MrTiggr: but id like to think he will do the right thing
jcpham: just take it easy on me
MrTiggr: (wishful thinking perhaps)
MrTiggr: lol jcpham checks out :D give HIM yer bitcoins
Doffx: I treated all of these things as a gamble and I dont like losing so i'm still angry about it.
mircea_popescu: MrTiggr most scams work out as good intentions turned sour.
MrTiggr: unfortunately u are right, mircea_popescu
Chaang-Noi: wonder how he will deal with my delisted assets
Chaang-Noi: also shocked at theymos tossing nefario under the bus at first sign of trouble
jcpham: i'm no longer willing to accept the funds of others
mircea_popescu: Lyspooner hehe no, there's a scene wherein frank whaley says "we got into this thing with the best intentions"
MrTiggr: lol ... an over-used phrase in the bitcoin world for sure
mircea_popescu: jackson's reply is something like "my name's pitt and you'ass ain't talkin' your way outta this shit"
assbot: [MPEX] [S.MPOE] 9476 @ 0.0003115 = 2.9518 BTC [-]
assbot: [MPEX] [S.MPOE] 6724 @ 0.00031145 = 2.0942 BTC [-]
assbot: [MPEX] [S.MPOE] 7270 @ 0.00031231 = 2.2705 BTC [+]
assbot: [MPEX] [S.MPOE] 75158 @ 0.00031236 = 23.4764 BTC [+]
assbot: [MPEX] [S.MPOE] 6753 @ 0.00031595 = 2.1336 BTC [+]
assbot: [MPEX] [S.MPOE] 16700 @ 0.00031703 = 5.2944 BTC [+]
assbot: [MPEX] [S.MPOE] 55441 @ 0.0003182 = 17.6413 BTC [+]
assbot: [MPEX] [S.MPOE] 41500 @ 0.00031941 = 13.2555 BTC [+]
assbot: [MPEX] [S.MPOE] 4278 @ 0.00031961 = 1.3673 BTC [+]
assbot: [MPEX] [S.MPOE] 62840 @ 0.00031965 = 20.0868 BTC [+]
assbot: [MPEX] [S.MPOE] 6100 @ 0.00031987 = 1.9512 BTC [+]
assbot: [MPEX] [S.MPOE] 12900 @ 0.00032035 = 4.1325 BTC [+]
assbot: [MPEX] [S.MPOE] 26769 @ 0.000321 = 8.5928 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00032128 = 1.6064 BTC [+]
assbot: [MPEX] [S.MPOE] 50270 @ 0.00032133 = 16.1533 BTC [+]
assbot: [MPEX] [S.MPOE] 41100 @ 0.00032135 = 13.2075 BTC [+]
assbot: [MPEX] [S.MPOE] 5349 @ 0.00032349 = 1.7303 BTC [+]
assbot: [MPEX] [S.MPOE] 25300 @ 0.00032383 = 8.1929 BTC [+]
assbot: [MPEX] [S.MPOE] 34500 @ 0.00032667 = 11.2701 BTC [+]
assbot: [MPEX] [S.MPOE] 3548 @ 0.00032706 = 1.1604 BTC [+]
assbot: [MPEX] [S.MPOE] 61600 @ 0.0003115 = 19.1884 BTC [-]
assbot: [MPEX] [S.MPOE] 25600 @ 0.00031144 = 7.9729 BTC [-]
rdponticelli: ;;rate nefario -1 At the very least, has been managing horribly the closing up of glbse...
gribble: Rating entry successful. Your rating of -1 for user nefario has been recorded.
assbot: [MPEX] [S.MPOE] 100 @ 0.0003115 = 0.0312 BTC [+]
jurov: kakobrekla, how many people are there?
jurov: we too had some meetings here in bratislava, about 20 ppl came
jurov: i'm not there anyway, i did talk about coinbr but that was not recorded
assbot: [MPEX] [S.MPOE] 33202 @ 0.00031329 = 10.4019 BTC [+]
kakobrekla: im sitting 1m right of the the pinguin lol
EskimoBob: where did usagi go? I miss that crazy mancunt .. No, actually I do not miss him at all
OneEyed: Arf, just noticed the new MPOE-PR avatar
mircea_popescu: my ignore list sucks, i used to get 500-600 lines a day
EskimoBob: cm'n guys, I have this absolutely worthless test security in OT. pays 10% per week (in your dreams)
EskimoBob: oh, I think I have him on ignore :(
assbot: [MPEX] [S.MPOE] 700 @ 0.00031398 = 0.2198 BTC [+]
kakobrekla: i could troll the shit out of bitstamp
jurov: please come to camera and wave to us :DDDD
B0g4r7_: Thank you, thank you very much.
mircea_popescu: "The stock market platform (from here on called "the market") steals a number of ideas from OpenTransactions. We will be developing both projects side by side, and where possible share code to reduce the workload, cost and development time."
assbot: [MPEX] [S.MPOE] 30700 @ 0.00031734 = 9.7423 BTC [+]
KeTheR: it was "later today" yesterday
hnz: great that "today" happens every day
mircea_popescu: well if there's the end of the world then there isn't.
copumpkin: tomorrow and tomorrow and tomorrow
Eisenhower34: right now i have to be honest ,i wait more for Oct 12th than for a GLBSE return ...
copumpkin: so you can not get your coins back from pirate first, and then not get your coins back from nefario?
Eisenhower34: harsh? why? Alot lost much more to pirate than to GLBSE
assbot: [MPEX] [S.MPOE] 22244 @ 0.00031416 = 6.9882 BTC [-]
assbot: [MPEX] [S.MPOE] 11955 @ 0.00031398 = 3.7536 BTC [-]
assbot: [MPEX] [S.MPOE] 501 @ 0.00031329 = 0.157 BTC [-]
assbot: [MPEX] [O.BTCUSD.P160T] 1 @ 0.47034915 BTC [+]
smickles: aw dammit, i typed /quit and hit enter
kakobrekla: dissapoint because of the noobishness on the conference and mad because i accualy went there as i could have been easily dissapointed via live stream
mircea_popescu: will take a lot of frustration and dissapointment from people just like you before conferences become actually worth going to.
dub: but like, you like could like have like built like like like like like like like like like like like the like future of like bitcoin!
rdponticelli: kakobrekla: you don't need to follow anything. Dissapointness just finds you and falls onto your head wherever you're in bitcoinland.
mircea_popescu: so don't feel entirely bad, you've saved me some time.
dub: you could have saved us all some time ans shot nefario in the face
kakobrekla: at least some new people got introducet to btc
smickles: so, the situation with glbse is still pretty much a waiting game, eh?
assbot: [MPEX] [S.MPOE] 30997 @ 0.00031329 = 9.7111 BTC [-]
assbot: [MPEX] [S.MPOE] 2600 @ 0.00031144 = 0.8097 BTC [-]
rdponticelli: smickles: yes, exacly as every other bitcoin "business" which have to return funds
rdponticelli: Oh, yes, wait a little longer, funds are coming
smickles: I'm not all that concerned with the funds (in my personal situation), rdponticelli but the shareholder info, that's what I want
jcpham: why hello there smickles
jcpham: i'm only interested in the assets
rdponticelli: Well, I have the list of my transactions, I've downloaded the csv minutes before the closing up
jcpham: maybe you've seen this
jcpham: please update your thread with that link
jurov: <kakobrekla> bitstamp is scam... why? i was thinking of using it someday
mircea_popescu: jurov he was just being funny. guys promised him a coke.
jurov: good this isn't btctalk.. kakobreklad would end up in sorry place like rapeghost
assbot: [MPEX] [S.MPOE] 3110 @ 0.00031143 = 0.9685 BTC [-]
jurov: hehe i'm up too... expect update in few days
mircea_popescu: then they offer 600 btc bidwall at 12.1, ie, 30 cents over price.
knotwork: Seems Theymos might be doing a decent job of teaching people to trust no-one
knotwork: not as good a job as pirate maybe though
dub: where is the new MPOE-PR avatar from?
jcpham: i like how smilies are used as utter sarcasm
mircea_popescu: dub you prolly recall it from earlier this year, she was using it on forum
kakobrekla: moody said its ok to advertise smpake but not bit4x.
kakobrekla: fine, ill advertise smpake and put bit4x banner on top of the page.
pigeons: forex = scammer! run a legititmate ponzi like everyone else
assbot: [MPEX] [S.MPOE] 50868 @ 0.00031137 = 15.8388 BTC [-]
mircea_popescu: usagi will now forever live in this community, not through his dubious gender identity or horrible business practice,
mircea_popescu: but through this brilliant addition to the folk culture. MILK IS A SCAMMER!
jurov: we have had ads saying: Everything Is Scam, Only Milk Is Water
TooTnBooT: mircea_popescu - Who do you think he means?
TooTnBooT: So possibly when he decided to legitimately acknowledge being a Bitcoin developer, he wanted to separate the fact that he holds millions in BTC?
mircea_popescu: at the time mining became really a public endeavour block count was ~20k. that'd be one million.
mircea_popescu: i guess if he never sold anything and mined a majority of those first 20k blocks he could have 1mn.
dub: oh hey, pirate is paying back this weekend
assbot: [MPEX] [S.MPOE] 8200 @ 0.00031143 = 2.5537 BTC [+]
Ukto: in a system.. if last trade was a buy at say.. 1.5... and there is a sell at 1.75 that goes through, even though the price is higher than the last trade, woudl you mark that as an up or down for last trade?
Ukto: cause in theory it was a downward aimed sell
Ukto: so it takes 2 sell's work to declare a down?
TooTnBooT: mircea_popescu - I was in here asking about investing a week or so ago. You criticized my knowledge.
Ukto: i jsut figured that a sale, would be aimed down
mircea_popescu: Ukto it takes the price oflast sale going under the price of prev last sale
TooTnBooT: I sold all my S.Dice passthru shares and withdrew from GLBSE, so it worked out well actually.
mircea_popescu: kakobrekla he's thinking in booktaking terms, but you're right its irrelevant.
Ukto: yeah, i am just talking display purposes
mircea_popescu: TooTnBooT so were you saying you were going to prove that any asset in glbse is better than mpex stuff or what ?
kakobrekla: Ukto depends what you are displaying then
TooTnBooT: You may be confusing me with someone else. I was complaining about S.Dice.
dub: its THE bitcoin securities exchange dont you know
dub: oh wait, theres that cryptostocks one
rdponticelli: kakobrekla: Nobody looks at the friggin topic...
kakobrekla: i come from a time and place where one got +b for not reading it
rdponticelli: Well, if you fix quassel, I promise I'll enable it again, and even read it
kakobrekla: i havent been following it closley enough
jurov: today i asked deadterra about GSDPT but he got no information from glbse at all... and that one can be solved without moving any bitcoins
jurov: dunno why they're waiting
rdponticelli: But you would be asking nefario to stop counting coins to do something else entirely related...
mircea_popescu: someone was asking me about gsdpt earlier too. sad fact of the matter is, w/o actual shareholder lists there's jackshit anyone can do.
assbot: [MPEX] [S.MPOE] 2757 @ 0.00031137 = 0.8584 BTC [-]
mircea_popescu: and that faces serious problems because glbse never used gpg keys. and so...
rdponticelli: The tickets to pirate's island must be expensive...
mircea_popescu: at least we can estimate the expenses of taaki, strateman and the rest of the scammergroup
mircea_popescu: whether it comes from bitcoinica user funds, glbse user funds or w/e else, it's the rake,.
mircea_popescu: they got like 30k or so bitcoin there, right ? btc was about 5 ?
mircea_popescu: what exactly anyone would have to be thinking to deal with any of them in the future is beyond my mere human comprehension.
rdponticelli: BTW: Patrick, Amir and Donald aren't tagged, right?
gribble: You rated user genjix on Fri Sep 28 02:51:20 2012, giving him a rating of -1, and supplied these additional notes: there's that entire bitcoinica mess to be cleared..
gribble: You rated user genjix on Sat Jul 14 10:35:57 2012, giving him a rating of -10, and supplied these additional notes: Sorry, guys, but until the bitcoinica incident gets completely sorted out, IMHO you can't be trusted with a single satoshi more..
mircea_popescu: i only slapped him when he came in a week ago to "vouch" for scamfarion.
gribble: You have not yet rated user genjix
rdponticelli: If it was not malice, it was deep incompetence
gribble: You have not yet rated user phantomciruit
gribble: You rated user phantomcircuit on Sat Jul 14 10:35:46 2012, giving him a rating of -10, and supplied these additional notes: Sorry, guys, but until the bitcoinica incident gets completely sorted out, IMHO you can't be trusted with a single satoshi more..
jcpham: rumor has it that chmod755 is satoshi
dub: I can tell by the writing style and having seen quite a few satohsis in my time
jcpham: I thought you were satoshi nakamoto
gribble: chmod755~ (~chmod755@unaffiliated/chmod755) has been on server zelazny.freenode.net since 10:50 AM, October 09, 2012 (idle for 1 second) and is on #bitcoin-otc, #bitcoin-dev, #bitcoin, and #bitcoin-assets.
jcpham: i'll talk with the rumor people then
jcpham: I don't remember now who told me
jcpham: i couldn't out my sources
dub: thats a point actually
dub: re: nefario, has anyone called the Bitcoin Police?
gribble: Tue Oct 09 22:06:14 2012 UTC | 9:06am Wednesday (EST) - Time in Melbourne VIC, Australia
chmod755: dub, feel free to call the bitcoin police :p
assbot: [MPEX] [S.MPOE] 1275 @ 0.00031137 = 0.397 BTC [-]
assbot: [MPEX] [S.MPOE] 52651 @ 0.00031136 = 16.3934 BTC [-]
dub: theres quite enough chronic masturbation in my life already
Doffx: I called the Sesame Street police, I have a feeling Big Bird and the crew will have just about the same effectiveness in the matter.
dub: jeez, i mention bitcoin police and suddenly im getting a rectal exam
assbot: [MPEX] [S.MPOE] 600 @ 0.00031136 = 0.1868 BTC [-]
Doffx: By Big bird No less.
Doffx: They dont call him Big Bird for nothing nudge nudge
dub: thats why Romney loves him
assbot: [MPEX] [O.BTCUSD.P110T] 10 @ 0.10637201 = 1.0637 BTC [+]
Diablo-D3: [06:20:52] <dub> theres quite enough chronic masturbation in my life already
assbot: [MPEX] [S.BVPS] 48 @ 0.00316777 = 0.1521 BTC [+]
assbot: [MPEX] [S.MPOE] 16057 @ 0.00031143 = 5.0006 BTC [+]
assbot: [MPEX] [S.MPOE] 50811 @ 0.00031247 = 15.8769 BTC [+]
assbot: [MPEX] [S.MPOE] 20489 @ 0.00031136 = 6.3795 BTC [-]
assbot: [MPEX] [S.MPOE] 5560 @ 0.00031136 = 1.7312 BTC [-]
assbot: [MPEX] [S.MPOE] 35998 @ 0.00031129 = 11.2058 BTC [-]
assbot: [MPEX] [S.DICE] 2000 @ 0.00339998 = 6.8 BTC [+]
smickles: aw, c'mon <@assbot> [MPEX] [O.BTCUSD.P110T] 10 @ 0.10637201 = 1.0637 BTC [+], the p140t is a better deal, i'm sure
smickles: ;;calc 11-(.10637201*[ticker --last])
smickles: ;;calc 14-(.25780139*[ticker --last])
mircea_popescu: .py (11 - 9.72908849892) / 9.72908849892 - 9.72908849892
smickles: the calc i did isn't the break even point?
smickles: strike - premium isn't breakeven for puts?
gribble: usagi was last seen in #bitcoin-assets 4 days, 17 hours, 47 minutes, and 10 seconds ago: <usagi> We own 2000 shares.. should be good if glbse comes up :/
mircea_popescu: he owns "malicious criminal libel" in google you knwo.
smickles: ;;calc (14-[ticker --last])/[ticker --last] - .2578139
smickles: ;;calc (11-[ticker --last])/[ticker --last] - .10637201
smickles: is that not a better deal on the 14?
mircea_popescu: always the time value of an option will be a larger part of its total value the closer the strike is to current price
assbot: [MPEX] [S.MPOE] 3700 @ 0.000312 = 1.1544 BTC [+]
assbot: [MPEX] [S.MPOE] 40202 @ 0.00031129 = 12.5145 BTC [-]
assbot: [MPEX] [S.MPOE] 24498 @ 0.00031122 = 7.6243 BTC [-]
rdponticelli: lol, thanks for analizing so deeply my little trade, smickles and mircea_popescu
rdponticelli: And, yes, the time value is why I tend to buy put of as low as a strike as possible
smickles: heh, rdponticelli i just wanted you (well, i suppose it was you now) to buy some of my puts :p
assbot: [MPEX] [S.MPOE] 2417 @ 0.00031259 = 0.7555 BTC [+]
mircea_popescu: smickles you need a newsletter for your brokerage customers :D
smickles: kakobrekla: maybe it was >1, but was lowered to 1 afterthe bad news
rdponticelli: I don't even use to look at orders books of puts of too high a strike
rdponticelli: As mircea said, almost all of it's value is time based
Azelphur: To comply with money laundering regulations we must ask you to submit documents for proof of your address and identity.Picture of your IDPlease provide a clear picture of your photo ID. For France, Germany, Spain, and English speaking countries ID cards, Passports and drivers licences are accepted, for everywhere else only passports are accepted.
dub: oh hey, GLBSE has been upgradede, quite fast nao
Azelphur: not sure wtf I'm supposed to do, I don't have a passport or drivers license
Azelphur: shame nefario isn't here, I really need an alternative way of verifying
Azelphur: unless I go apply for a passport and come back in like 6 weeks
dub: youy should get a passport and drive to britain
dub: to verify with him personally
Azelphur: dub: step 1) get a passport and drive to where I already am
Azelphur: smickles: good idea, I'll send him an email
kakobrekla: i wont give my pass to nef for my 5 smickes shares
smickles: Azelphur: i might have his personal email, one sec
JWU42: well - as a verified asset issuer this is BS
JWU42: already went through all this once - he doesn't need another copy of this that he can lose
dub: feds need copies in triplicate
rdponticelli: I'll have to take a passport to recover my fucking assets?
dub: mircea_popescu: wai?
thestringpuller: Who gets sent physical bills anymore? I have to call my tax commissioner to get proof of resident? Such an inconvenience...
thestringpuller: Serves me right for trusting someone who codes a website with bootstrap.
dub: I'd like to cut something
mircea_popescu: <thestringpuller> Serves me right for trusting someone who codes a website with bootstrap. << this.
thestringpuller: With all the money they were raking it shoulda gotten an oracle license
gribble: Rating entry successful. Your rating of -10 for user nefario has been recorded.
mircea_popescu: i guess hisnew and legit exchange will hit the ground runnin
smickles: I just moved, i have no proof of address
assbot: [MPEX] [S.MPOE] 26463 @ 0.00031122 = 8.2358 BTC [-]
assbot: [MPEX] [S.MPOE] 53937 @ 0.00031122 = 16.7863 BTC [-]
gribble: Rating entry successful. Your rating for user nefario has changed from -10 to -10.
dub: I read that as 'the estimated cost of a 9mm'
dub: and I though, now there is a solution!
[\\\]: So whats to stop nefario from using all of these documents to commit identity theft?
[\\\]: he doesn't have a personal bond
dub: he's an awesome dude?
dub: and wouldnt fuck us ever
mircea_popescu: lol that'd be the end all. nefario takes off with some k btcs and sells everyone's ids on SR
thestringpuller: You can find his address if you put glbse.com into the networksolutions whois
Azelphur: who.is is the best for DNS info
thestringpuller: so if people's identity leaked I see him getting beat up maybe?
[\\\]: he's asking for the same info that I'd be required to present to get a replacement state id
[\\\]: he could get a government id in my name
[\\\]: and I'm supposed to just give it to him?
smickles: jebus, even my lease is electronic
[\\\]: all of my utility bills are electronic
smickles: I haz no proof of address within nef's requirements
[\\\]: and let's face it, a picture of 'me' holding my name/date on a piece of paper could be photoshopped
[\\\]: this isn't 1998 anymore
[\\\]: is it illegal to submit false docs to nefario?
grubles: rule 4: give all ideas to grubles
Azelphur: mircea_popescu: does make me wonder if I photoshopped a passport if it'd work
Azelphur: baring in mind I don't actually have one
Azelphur: I sent him an email asking if there's any way I can alternatively auth for now, anyway
[\\\]: I would think auth'ing via 2fact is enough to prove I am me
Azelphur: I'm quite happy to auth (heck, my address is on my DNS whois, it's all obvious) xD
[\\\]: it was for 6 months or however long it was
smickles: well, i can confirm that you can't just skip the photo upload
Azelphur: kakobrekla: never said it was XD
grubles: thestringpuller, that only applies if one is afro-american
smickles: kakobrekla: i'm sure he was just pointing out that he doesn't care if people know his addy
Azelphur: ^ is what I was trying to do :p
smickles: 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6
[\\\]: he can have a copy of my sensitive documents just as soon as I get a copy of his surety bond
[\\\]: copy of government id, utility bill
[\\\]: all the things required to get valid government id in my name
[\\\]: sure, steal my identity
[\\\]: first my coins, now my usd
Diablo-D3: [10:21:52] <[\\\]> he can have a copy of my sensitive documents just as soon as I get a copy of his surety bond
noagendamarket: data:image/jpeg;base64,/9j/4AAQSkZJRgABAQAAAQABAAD/2wCEAAkGBhMSERUUExQWFRQVGBcaFxcYGBocHBwYGBgcHhwcGBwaHCYeHBkjGhwdHy8gIycpLCwsGB4xNTAqNSYrLCkBCQoKDgwOGg8PGiwlHCQqLCktLiwsLCwsLCwsLCksKSksLCwsLCwsLCwsKSwsLCkpLCkpLCksLCwsLCksKSwsKf/AABEIAK8BDgMBIgACEQEDEQH/xAAcAAACAgMBAQAAAAAAAAAAAAAFBgMEAQIHAAj/xABFEAACAQIDBgMEBgkCBQQDAAABAhEAAwQSIQUGEzFBUSJhcTJSgaEHI5Gx0fAUFUJicnOyweEWMyQ0Q5LSJVOiwoKT8f/EABoBAQEBAQEBAQAAAAAAAAAAAAACAQMEBQb/xAAxEQ
noagendamarket: ACAgEDAwIDBQkAAAAAAAAAAQIRAxIhMQQTQRRRkaGiBWFygbEVIlKCwdHh8PH/2gAMAwEAAhEDEQA/AOpYnbKqMljLkiFKREn3Y8IA1+PprQu37jasZP57UAtY8AwHYASB4RoByipLm1VUEm60D90V8VfacW/+H1p9E/AXYv0iso7dTFLw3ps/++f+0V7/AFGhYrx2ntlFdfXr2/T+5y9I/wDbGIue9ZUtEn+1LQ3mtxPHYgGCcg61Ku8KSBxmzEAgZB11p69Lx+g9IxiUMfT0r0NQLbe9S4PCm85Lk6WwQBmPQd/M0P3Z/TcXYF+7iGtZ9US2iABehJYEt8q+rhhLLi7rdL7/APB48iUZaRuKt+RWeG35FL+6208U1/EYfEBW4BTLdVcucPqJXl7Parm+e8X6HhLl0RniLYPLOeWnbqartSU
noagendamarket: 9C3bItVYSZX6VquadYqhuzvGuLw9u6ObDxeTrow+3Wlr6TN5sTguE1h1AuZgQUDagTIP9qrHgnPJ2/JjaSsdwrV4zVbYV92sW2dszMqkmANWAOgHTWqW+W0LlnCXblpsropYGAw06EEedc1CTnove6K2q6CuQ/kVhgw9PT/NKG523cTisDcvXLg4hLhSEUBco006/GhW4u8uNx/GDXwht5Iy2kIObNzn0r0vpZ1J2v3SNa9jomRuhE1hg3lSzszFY21iWTE3Ld2yUYrcRAsMupDgcvDPlVDY29N7aOJdbDm1hrUSwUF3kkAgkEKNOUVHppbu1S8jUvYcvH5VuA3ekvbO89/Z+Iti83Gw1zkzAB0IInUABhBmIGlZ+kDem9hrVq9h7igOSCCgYEZZDDqDWx6abcUnzwNUfYczm8v715VY8vuNJ
noagendamarket: e2NqYu1gBiUxAZgiOQ9pIhgJiNZ1ojulvM+NwbXI4dwFkLASMwAOYA8wZ1o+mmo672ugpK+BkdW0rJRh1rlOxfpMxNvEBMaQbbAeIKAVnk0DmD1FN+9GLxP1Bwt8Ktx0tsCqsIfUOpI9dOtVk6SeOSi2t/IUosaINeFs9/lSH9IW8+JwX6PwbujyGzIpkqF8XLQmTpyp7wTsLa5mzGBLEAEn0GlcsmGUIKbezKTV1Rowby+dbKp8vhSlvBv6tjH2cP8AsHS6SORYDJHodT60bxuMyNBdxPYCK8fVzl00FOa2Z2wY1llSCBZqwC1Brm2EUEtdcAczlFU23rs/+9c1PPKsV81faSfCfyPY+jrkZiDXgTHOltt5rQbLxrmYfur0FY/1RZyzxrkAxyXnzq/2h9zM9J94w3JOjQR8vjRDD7cttKYkI
noagendamarket: QNQzCQTJ/Zy6QDEzSg28KZgvFuEmNIXkah2rjwEBzP7Q0IHUH8KqHXxc1F+TH00oxtf1M4YuSfGnM+73pY3z3jZHWxzmC5VZAnlqB8adMNsEGRmIgnp/mpLm7X7/wAq+Z0+PLCevRa/FR7suTHKNaq/I5hc28XlgPqrAEEqRmJ5QMsmW1jsKr43EXltrefLF0mAJLazqVC6CPvFdUTdqf2/kKk/0wPf+X+a+h38y4x/UeTt4fM/kcn2nthrRW1AJWGaASMzCYmOggHSmvdW3cuA4hyoZ5y5oERpyIkU0jdsSfEfs/zUq7rfvfL/A
smickles: noagendamarket: what are you doing?
[\\\]: he pasted an image in here
[\\\]: data:image/jpeg;base64,/9
Diablo-D3: I love data encoded urls in css, btw
[\\\]: quick, someone put it back together
Diablo-D3: saves a fuckton on uselessly tiny images
Azelphur: Word on the street is that when you actually give it your passport / drivers license it just throws 413 errors.
[\\\]: ahhhh, kiddie pr0n
Azelphur: the other fun part is that I'm planning on moving soonish
Azelphur: noagendamarket: welcome to the club
Azelphur: well I have some proof of address, but no photo id
assbot: [MPEX] [S.MPOE] 16174 @ 0.00031122 = 5.0337 BTC [-]
assbot: [MPEX] [S.MPOE] 31100 @ 0.00031121 = 9.6786 BTC [-]
assbot: [MPEX] [S.MPOE] 24626 @ 0.00031115 = 7.6624 BTC [-]
dub: I live under a bridge
dub: how will I recover my DMC share now
grubles: dub, tithe at #bitcoin-church
kakobrekla: thats why i commented my rating rich scammer
noagendamarket: if he donates the leftover coins to the bitcoin foundation Ill be pissed lol
smickles: someone should liberate that db and wallet
dub: thats actually not a bad plan
smickles: i don't think it would even be theft
grubles: dub, no Luke-Jr is not allowed
dub: instead of gitmo/SEC holiday camp, nefario could have his data stolen the hacker benevolently returning everyones shit
Luke-Jr: grubles: you really want to recruit trolls?
smickles: dub: ideally, yes. even taking a fee for services rendered would be better than this
dub: sounds like business plan
dub: a notquitedeadmans switch
smickles: that's going to net them a fair amount of btc
mircea_popescu: what fucking money laundering would be going on with glbse ?
grubles: Luke-Jr, maybe...i like living life on the edge
mircea_popescu: glbse is that asshole laundromat that shrinks your load.
dub: do issuers need to re-verify to get the info I wonder
dub: if I have no btc or shares in my account because I only issued an asset, why cant the email address for my account recieve shareholder data (assuming shareholders verify)?
Ukto: I cant login to my glbse account?
Ukto: nefario is really going out of his way to try to kill things
assbot: [MPEX] [S.MPOE] 783 @ 0.00031115 = 0.2436 BTC [-]
mircea_popescu: btw folks once you send your id stuff to nefario cc them to me too
[\\\]: I think nef should hire zhou
[\\\]: at least then we'd figure out who the hacker was in about 10 minutes
[\\\]: and then get 49% of our coins back
dub: dude this is cut and dried intersango process
[\\\]: didnt nef work for intersango?
dub: he's certainly familiar to those scamming fucks IRL
mircea_popescu: they're a little group, that london failference was pretty much them and streetwalkers.
dub: theymos, phantom, gengix, nefario.. its a scammers anal chain
Ukto: thats the advantage
dub: it sounds like like like like like like like like like a like lie
dub: that video is one second too long to remind you of me
Ukto: how much more gouging is he requiring for issuers?
pigeons: what kind of id is he requiring?
pigeons: and then i guess he needs to "review" it?
pigeons: just give it all back and be done
smickles: pigeons: also a photo of a document proving address
smickles: a photo of yourself with a paper signed "glbse" and your username
Ukto: no writing "/b" on your hand in a photo?
pigeons: its not like the usernames and passwords wer eleaked and he needs to verify
toffoo: so how exactly are the "assets" going to be returned to you?
B0g4r7: I ain't giving Nefario so much as a pic of my big middle finger.
Ukto: he's gonna make out like a bandit heh
B0g4r7: Funny you should use that term.
Ukto: pun intended. dont worry
mircea_popescu: if enough people sign... this won't go anywere in a DIFFERENT WAY from the way nefario was going to have it nowhere
Ukto: "You said just a few weeks ago, the advantage of GBLSE is no AML requirements" *link to youtube*
assbot: [MPEX] [S.MPOE] 19337 @ 0.00031115 = 6.0167 BTC [-]
assbot: [MPEX] [S.MPOE] 10200 @ 0.00031106 = 3.1728 BTC [-]
assbot: [MPEX] [S.MPOE] 29200 @ 0.00031102 = 9.0818 BTC [-]
assbot: [MPEX] [S.MPOE] 13263 @ 0.00031087 = 4.1231 BTC [-]
Ukto: [22:06] <Ukto> so this is funny. in nefario's speach here in this video
http://youtu.be/vmPD_YSQ--k he talks about how you dont need to provide id for glbse. about 4min in
Ukto: i dont touch forums
B0g4r7: Does anyone else have the urge to slap this Rarity poster silly?
mircea_popescu: you need a new thread, and an actual ideea for people to gather round.
B0g4r7: I think that's more your specialty.
mircea_popescu: Update:we are currently unable to process account closures, and will inform our users when this service resumes.
pigeons: sorry we accidentaly the database and are unable to process
pigeons: can't hack bcrypt of course
rdponticelli: Anyway, as they deserve some fucking respect, they're not corsairs, they're all just privateers
mircea_popescu: rdponticelli privateers they're not, they go running to the govt way too often and in ridiculous ways
pigeons: ok then, sorry, we have been served a restraining order and are unable to process
mircea_popescu: pigeons : today when we were at the mcdonalds the waitress looked at us a certain way and on the napkins was certain scribbled something from the prevbious patron who was this suspicious guy
mircea_popescu: therefore we consider we have been served a restraining order by the algerian president and will not be processing anything
rdponticelli: mircea_popescu: privateers were often hired by the government
mircea_popescu: "The person that controls this address should be someone honorable that everyone trusts. And maybe he should be anonymous because the intend of this bounty maybe isnt fully legal."
mircea_popescu: people in bitcoin. they're the intellectual cream of the crop
mircea_popescu: mixed with a good scraping off the bottom of the barrel.
JWU_42: I sent James a note asking why he needs my dox when he has them already (I verified before)
JWU_42: teust i will never get a response
assbot: [MPEX] [S.MPOE] 52800 @ 0.00031226 = 16.4873 BTC [+]
assbot: [MPEX] [S.MPOE] 16350 @ 0.00031134 = 5.0904 BTC [-]
Ukto: so, anyone dareing enough to send nef. docs yet?
Azelphur: Ukto: the owner of bitinstant tried and got 413 errors
mircea_popescu: Ukto it's finished, they have an update, "can't process" anymore.
Ukto: JWU_42: his plan worked for me. I checked my records, I had left 2btc there + whatever divs my 30 shares of JAH produced since may.
Ukto: He can have it. I will not give him any docs.
mircea_popescu: i doubt he didn;'t know this. it's just scam furtherance is all.
Ukto: I would be surprised if ti was that high
Ukto: lets be honest its one of wo possibilities, A. either further scammation, and attempt to conceal embezzled funds. B. Epic stupidity. At this point, I put neither past him.
Ukto: Either way, he already won.
Ukto: he doesnt say what happens to the assets and funds of those who dont submit docs
Ukto: sure he wont accept them for years
Ukto: no, I ment to accept account claims
Ukto: he cant leave "claims" system open for years
EskimoBob: but you guys know where hi lives and what's his name. :)
Ukto: at some point it gets shut off and what.. he just gets to keep the remaining everything? anony contacts issuers "heres my shares"
Ukto: and claim divs from that?
Ukto: EskimoBob: and what he looks like.
Ukto: I am honestly surprised he would pull this, after going to that bitcoin london conference
EskimoBob: so, friends from Ukraine can drill holes to his kneecaps for almost nothing (compared to what he stole)
Ukto: i am partially leaning towards epic stupidity coupled with second hand scamming
Ukto: though, its funny, in that video, he mentioned he needed $200 REALLY badly.
Ukto: he mentioned how he needed $200 SOOO BADLY for some sponsorship stuff at one point
Ukto: cause he couldnt wait for a gox xfer
Ukto: keep in mind, glbse didnt profit that much off of trades guys
Ukto: this isnt mtgox volume
Ukto: his internet was via tethered cell phone
jcpham: you know if someone were to partner with me with a decent idea
jcpham: you wouldn't ever have to beg for 200$
jcpham: $200 is a couple hours work
assbot: [MPEX] [S.MPOE] 9886 @ 0.00031134 = 3.0779 BTC [-]
assbot: [MPEX] [S.MPOE] 9323 @ 0.00031027 = 2.8926 BTC [-]
assbot: [MPEX] [S.MPOE] 17491 @ 0.0003101 = 5.424 BTC [-]
mircea_popescu: course, also had a huge debtload they were paying off.
Ukto: heh, mebbe recently
Ukto: at least in may, nefario seemed pretty broke
mircea_popescu: his personal finances aren't much related to the results of glbse
mircea_popescu: they depended on how much "salary" he could leach off the partners
EskimoBob: "I would consider meeting this criteria if nefario were to provide me with a HD photo of his passport, drivers licence, 2 utility bills and a picture of him holding a note saying "you must be fucking joking" and a hot chick doing "bunny ears" on him." - LOL :)
mircea_popescu: this is unfair. how's the guy to find a hot chick now ?
mircea_popescu: if it were at all possible it'd have happened in his 20s
DeaDTerra: I just finished off a talk with James :)
DeaDTerra: We had a good laugh about all the paranoid people on the forums :P
teek: So during all this usagi flew the coop eh
Ukto: though to be honest
Ukto: for the 90% who dont give ID, etc.. how are the asset issures supposed to 'continue their relationship'
Ukto: how are the issuers supposed to continue at all
Ukto: "well, i have identified 5% of my shares ownerships. guess I go with that" ?
Ukto: what does he expect?
Ukto: what stops nefario from using ppl 'codes' and anon-claiming to be a share holder to an issuer
Ukto: mostly for the ppl who dont ID within X
Ukto: With all this, and his paranoia, ppl knowing his name, face, etc, I am surprised he's trying to piss ppl off
assbot: [MPEX] [S.MPOE] 32700 @ 0.00031103 = 10.1707 BTC [+]
Ukto: he needs to just reenable the site, let ppl 'transfer shares' w/o penalty and a note to distinguish themselves to the issuers
Ukto: and be done with it
jcpham: you better not ignore me mircea_popescu
jcpham: i'll start a smear campaign about something
Ukto: a system wont work if nefario wont give out everyones assets
Chaang-Noi: joelcatz or whatever his name is has covered this about 10 times on the forum very well.
Ukto: he is witholding things unless ppl give him all sorta id's
Ukto: while the code system wont allow ppl to trade offline
Ukto: it would allow the importation of the assets
Ukto: into another system
Chaang-Noi: people have been trading tygrr codes already
Ukto: any system woudl be first come first serve
Ukto: they need to contact you
Ukto: and ask you to MAKE new code
Ukto: thats the ONLY way that could work
Ukto: and i dont think u wanna do that
Chaang-Noi: well... read what joel says about it, anyone with a valid code can just call the aset issuer a scammer
Chaang-Noi: even if it was stolen in the email or hacked or sold...
Ukto: the whole assets setup is "compromised"
Ukto: he has however many shares he says he has
Ukto: at this point, the issuers and asset holders have no choice but to trust at least the issuers, or get out
Chaang-Noi: anyone trusting nefario the scammer is foolish
assbot: [MPEX] [S.MPOE] 33600 @ 0.00031285 = 10.5118 BTC [+]
Chaang-Noi: ukto i keep talking to you in pm and you dont respond
Ukto: im not getting any msgs
Ukto: you need to be identified
Chaang-Noi: anyway i wish you the best of luck but sadly i have to sleep now.
Ukto: Chaang-Noi: I'm gonna need it! :P
assbot: [MPEX] [S.MPOE] 52500 @ 0.00031142 = 16.3496 BTC [-]
assbot: [MPEX] [S.MPOE] 5225 @ 0.00031103 = 1.6251 BTC [-]
Ukto: DeaDTerra: did he mention why he wants aml now? after saying it would not be needed a few weeks ago? and waht he will do with the unclaimed assets/btc held?
Ukto: i think he realised his delima with this, and thats why he put a hold on accepting id's
Ukto: i honestly dont think he's "trying" to scam ppl, i think he's just making some bad decisions
rdponticelli: He's not "trying" to scam people, he's ACTUALLY scamming people, been that his willing or not
Ukto: its always all about Point of View. someone can do things for all the rights reaons to them, but to everyone else, it can be the worst actions for the worst reasons. such is mankind
Doffx: I like the idea of just opening the damn site and letting use send our assets to the asset creator with an email or something.
Doffx: However I'm sure the reason he doesn’t do that is because people would also expect to get their btc as well in the account.
Ukto: he could lock down btc withdraw
Doffx: That's what makes him a scammer
Ukto: at least ppl can claim their assets
Doffx: Its not his BTC to hold on to.
Doffx: The assets are just a note of transaction really, the btc being held up is unacceptable.
Ukto: agreed. thats his own issue to deal with
Ukto: i only suggest the asset as a partial solution
Doffx: Yeah, it would certainly help if he opened that up.
Ukto: most ppl have most of their money invested in the shares
Ukto: not just sitting in their accounts
Doffx: Yeah, I only have .09 btc in the account.
Ukto: i think most ppl would agree to say fuck their holdings, in exchange for tehir btc
Ukto: fuck the btc, in exchange for their assets
Ukto: which is prolly worth the most of the two
assbot: [MPEX] [S.MPOE] 400 @ 0.00031285 = 0.1251 BTC [+]
assbot: [MPEX] [S.MPOE] 3039 @ 0.0003129 = 0.9509 BTC [+]
Ukto: if he holds back anyones assets, for any reason
Ukto: then the issuer cannot just move on
Ukto: and he is therefore contridicting himself
Ukto: and might as well just shutdown the server
Ukto: there was either no forethought, or not enough when he did this
Ukto: unless his intentions are actually to scam ppl
Ukto: he needs to consider carefully what that means
Doffx: I doubt that, he could have done that long ago.
Ukto: if he is having an internal battle over legalities of giving ppl their stuff w/o id, thats a problem he has to bite the bullet on, and move forward doing, because chose to not require id in the first place
Doffx: He got himself in some sort of trouble now that apparent, and if there is any government involvement we know how much worse they make it.
Ukto: if it was govt intervention, the site would just go down
Ukto: no one would get 'assets' back
Ukto: that would be illegal
Ukto: even if he was given a cease and desist
Doffx: If pirate pays out I could just write Glbse off and still be waaaay ahead.
Ukto: that would not require him to take ppls id's
Ukto: and the govt doesnt want 1,000's of ppl id's
Ukto: to send them all to jail
Ukto: thats not how it works
rdponticelli: But if he really is a fucking, evil scammer, he can do a lot with id
rdponticelli: He can open thousands of glbses on behalf of every sucker who send his id to him
rdponticelli: He can open bank accounts, traverse borders, and who know how many other things
Ukto: he has to bite the bullet and not require id
Ukto: there is no way it will work
Ukto: and possibly legal issues from holders
Ukto: and govt fraud investigations
gribble: Best bid: 11.97002, Best ask: 12, Bid-ask spread: 0.02998, Last trade: 12, 24 hour volume: 29194, 24 hour low: 11.711, 24 hour high: 12.15
rdponticelli: At this point we all should be supposing he's an evil scammer
Ukto: until he proove himself
Ukto: and the longer he takes, the longer and stronger the tag will get, regardless of his righting things
smickles: Ukto: still chatting about what happened 'yesterday' or is this something new?
Ukto: smickles: id acceptance is closed
rdponticelli: In a couple of days more, he's getting the -10 if he doesn't show good faith
gribble: You rated user nefario on Fri Oct 5 17:57:26 2012, giving him a rating of -1, and supplied these additional notes: seems to have broken contracts and screwed over many people for his own ass.
gp5st: anyone here interested in helping write a trading bot? I have a vague idea of financial strategies and am a decent programmer, so I would mainly be looking for someone to advise on financial strategy. Or be able to point me to more information?
Doffx: I cant blame him for saving his own ass.
Ukto: ;;getrating nefario
smickles: gp5st: i wrote one already,what language are you considering
kakobrekla: 19:07.01 ( Doffx ) I cant blame him for saving his own ass.
Doffx: I wonder how many people here would not tried to save their own ass first haha.
gp5st: smickles: there are a bunch out there, I kind of wanted to do it as an exercise. I was thinking ruby to start
Doffx: It doesn’t make it right
gp5st: smickles: what lang was yours in
Doffx: My point was more, everyone here would most likely save their own ass first.
Ukto: DeaDTerra: but what about those who cant or dont want to provide their id's?
Ukto: amd why wont he just come talk to people
smickles: gp5st: well, actually i wrote one in java and the other in python, python worked out better
Ukto: thats the worst part
Ukto: is that he wont talk to people
gp5st: smickles: how come the python bot worked better?
Ukto: he should have throught it through alot more thouughly then just pulling the plug
Doffx: Maybe I used the wrong words.
gp5st: smickles: i thought it would be a fun exercise and an opportunity to learn more about trading in general
Ukto: i agree, screw forums heh
Ukto: but still, if he came here of all places
smickles: gp5st: because java ate memory like nothing else, and the mechanize library in python made things a lot easier, i think ruby has mechanize too
Ukto: and said "hey guys, i am shutting down for legal reasons. and working on a plan"
Ukto: ppl would be alot more understanding
Ukto: now its making him into more of a criminal
Ukto: because it was not handled right
gp5st: smickles: gotchya. it does
Ukto: he does have limited internet, i agree with that
Doffx: Its always the lack of information I hate.
Ukto: if he had even spent 5 minutes writing a paragraph on glbse
Doffx: No one knows what the hell is going on.
gp5st: smickles: where did you find various strategies to implement?
Ukto: ppl would have been more willing
Ukto: DeaDTerra: can you blame teh community for treating someone who is acting like a sscammer, as a scammer?
Ukto: the problem is, the website goes offline
smickles: gp5st: mostly i was reading various financial articles, academic stuff which I found in a university library
Ukto: then he tells ppl to go trhough near impossible hoops
Ukto: and gives no details
gp5st: smickles: yeah, my next step was the libary
smickles: gp5st: then I started coming up with my own ideas based on theose and observed the market closly for some time
Ukto: iwhen i saw glbse went down
Ukto: i went to email nefario to ask if I could help
Ukto: as i have tried to help in the past
smickles: gp5st: bitcoin's marked is small, so look at analisys of penny stocks in the academic papers, good stuff
Ukto: i think its great that he talked to you
Ukto: the problem with that, is he didnt give anything to work with
knotwork: gp5st an interesting strategy I would like to have bot try would be keep an average price a given thing has cost so far per unit for what it has of it so far, and buy any it can afford that are cheaper
knotwork: obviously not a really active strategy and likely to buy too soon when price falls so maybe not very good
knotwork: but then could maybe be improved by buyung only with part of its spending-money
knotwork: so it would get to buy little bits at a time as price falls
Ukto: DeaDTerra: death threats or not, he needs to be more open and communative
Ukto: thats te bottom line
Ukto: or it will make things worse
Ukto: hiding, and staying quite wont help him get less threats
Ukto: and be less of a target
knotwork: a defnsive strategy basically, not aggreessive at all
Ukto: he is damned if he does, and damned if he doesnt
Ukto: his lawyer should have told him that
Doffx: How is he backed in to a corner?
Ukto: possible govt actions
Doffx: Unless a lawyer is saying dont say a word or something
Ukto: or possible asset holder actions
Doffx: He doesn’t give a flying fuck about the btc community right now I'm sure
Ukto: but he has, he has relayed via you
Ukto: would you not testify in court taht you talked to him?
Doffx: If hes in legal hot water hes looking at saving himself first, this was my point from before.
Ukto: so if they bring ou phone records, you would deny their existance?
knotwork: it also would not "make" money so its purpose would be its who you give your investment budget to, it spends that budget only if doing so results in it got a lower average price for what it bought
Doffx: Do you know that for sure?
Ukto: sore ppl who have 10,000$ invested, who dont trust him with their id's and want to sue him, or open govt fraud investigations on him, is not putting him in legal hot water?
Doffx: If hes not then where the hell is he?
Ukto: or life threatening situations?
knotwork: it would have been slaugtered on GLBSE though as everything just went into free-fall forever unto worthlessness ;)
gp5st: smickles: in your experience what would be a "successful" weekly ROI? 0.1%?
Ukto: DeaDTerra: no lawyer would tell you that a bitcoin X is illegal. they woudl advise aginst it, and tell you that your asking for trouble.
gp5st: smickles: i would probably keep it up for a while. It'll hopefully still be up in a year
Ukto: if you ask a lawyer "is using bitcoins online illegal" they will advise you aginst it, and that it may be illegal, and land you in jail
smickles: gp5st: well, on a 1 year time frame, i should hope you get 5%. but anything better than a 10% loss is good
gp5st: smickles: :-p thanks for the encouragment:)
Ukto: there is no presidence
Ukto: DeaDTerra: if you do know him that well, you also know he's super paranoid
Ukto: so a lawyer saying "you are at risk" woudl be enough to cause this
assbot: [MPEX] [S.MPOE] 19377 @ 0.0003129 = 6.0631 BTC [+]
Ukto: doesnt have to be "you are seriously at risk"
assbot: [MPEX] [S.MPOE] 2516 @ 0.00031329 = 0.7882 BTC [+]
knotwork: if you ask a lowyer if running a web based business at all is illegal they might well advise that if you have to ask, then maybe it is, and probe as to what exactly about what you plan to do is something you think might be illegal and why
Ukto: i agree 100% with that
Ukto: and unfortnately depending on the govt you get fucked by gray
Ukto: they determine that its illegal, and then youg et fucked, w/o a chacne to end it
Ukto: other countries will determine it is illegal, and then demand it stopped
Ukto: will determin illegalness
Ukto: and leave the site up, and not re-visit the legality of it *cough(piratebay)cough*
smickles: how is bitcoin itself legally gray?
Ukto: smickles: depending on your country
smickles: Ukto: oh yea, probably a no-go in iran or something
Ukto: btw DeaDTerra, mebbe you can tell me. somoene told me the pirate bay owner was 'released' from jail, and its good to go now. but others told me that he 'escaped'? wtf?
Ukto: smickles: defenitly
Ukto: was another guy jailed, and then released?
Ukto: was told one guy only had to do some 1month in jail, cause of the court time, etc
Ukto: (hell, if i coudl do a piratebay, goto jail for 1 month, and then its good to go. that would be epic(
jurov: apparently bitcoin magazine has some "internal sources"
jurov: or they had seen glbse shareholder meeting minutes
jurov: i learn new things every day </sarcasm>
Doffx: Ok this made me laugh
Doffx: mpex is a guy trading shares with himself.
assbot: [MPEX] [S.MPOE] 27111 @ 0.00031243 = 8.4703 BTC [-]
assbot: [MPEX] [S.MPOE] 9303 @ 0.00031212 = 2.9037 BTC [-]
Cylta: ;;everify freenode:#bitcoin-otc:e805fee2ec5c5fcf00e1156e189a310ca41f84a038b49e8e0f0b1e97
gribble: You are now authenticated for user Cylta with key 35E361F6B371D52E
assbot: [MPEX] [S.MPOE] 6175 @ 0.00031103 = 1.9206 BTC [-]
assbot: [MPEX] [S.MPOE] 25866 @ 0.0003101 = 8.021 BTC [-]
knotwork: smickles, are you settled in after moving yet?
assbot: [MPEX] [S.MPOE] 28100 @ 0.00031155 = 8.7546 BTC [+]
EskimoBob: so, scammer usagi has left the building for good? I bet he has a new username and he is lurking here right now :)
Doffx: Why would he need to do that?
Doffx: Not like he has glbse down, seems silly.
pigeons: maybe he's just putting in overtime at work to repay the two month advance he took to help his assets
jcpham: who took a 2 month advance
Eisenhower34: Has there anything happennd i wasnt aware of? Last I heard was that EskimoBob was the one who deserved that scammer tag for not keeping his word
pigeons: yeah, basically usagi overvalued assets, made backdoor deals, and closed out the collateral fund for his CDO, but who cares now right
assbot: [MPEX] [S.MPOE] 33037 @ 0.00031152 = 10.2917 BTC [-]
assbot: [MPEX] [S.MPOE] 5086 @ 0.00031155 = 1.5845 BTC [+]
assbot: [MPEX] [S.MPOE] 20977 @ 0.00031208 = 6.5465 BTC [+]
EskimoBob: Eisenhower34: I think there was 2 or 3 threads demanding a scammer tag for usagi. Exchange went belly up and he was home free. Now he is gone.
EskimoBob: he hated me with passion :) because I understood how full of shit he is and did not keep my mouth shut about it. fkn scumbag and a liar he is
smickles: knotwork: not quite, the majority of our stuff is arranged to be delivered on the 14th
assbot: [MPEX] [S.MPOE] 15223 @ 0.00031208 = 4.7508 BTC [+]
assbot: [MPEX] [S.MPOE] 24335 @ 0.00031329 = 7.6239 BTC [+]
smickles: knotwork: but i am navigating the red tape in starting up my accounting company
smickles: *may well call it a bitcoin accounting company
WormDrink: I want to invest some of my money in shares - kinda noob - looking for good online trading platforms
WormDrink: this might not be the best place to ask
rdponticelli: WormDrink: This might not be the best moment to ask :)
EskimoBob: WormDrink: did you read about Open Transactions?
rdponticelli: Where is kakobrekla to say: read the f**** topic?
EskimoBob: rdponticelli: jerking of to polish porn
rdponticelli: But it still doesn't have a lot of thing to invest in
rdponticelli: And at this point is kind of hard to setup for a noob...
BTC-Mining: there's nothing to invest in with Open Transactions yet, no?
jcpham: invest knowledge and time in OT
WormDrink: rdponticelli, noob @ shares - not anything else really
rdponticelli: I think that knotwork has some contracts for cryptocurrencies on his server...
assbot: [MPEX] [S.MPOE] 11060 @ 0.00031329 = 3.465 BTC [+]
assbot: [MPEX] [S.MPOE] 42914 @ 0.00031352 = 13.4544 BTC [+]
assbot: [MPEX] [S.MPOE] 13426 @ 0.00031355 = 4.2097 BTC [+]
smickles: the domain i wanted was available
jurov: smickles, what u plan?
smickles: I will provide accounting related professional services in exchange for bitcoin
smickles: I'll operate out of tucson, AZ as a registered llc
smickles: as soon as I confirm the total fees which i'll need to pay for licensing and registration, i'll sell some btc for ust too
smickles: chmod755: what can i say, i liked tucows back in the day
smickles: chmod755: also, I need to contract a webdev sometime shortly
knotwork: typically one millionth of the total assets of the corp
knotwork: the value is determined by the script by adding up all that corp's assets and dividing by number (typically a million) of shares
knotwork: of course for e.g. bitcoins there are no known assets to divide by 21,000,000 to determine value per bitcoin :)
knotwork: however for CDN, UKB, MBC, NKL, GMC, GRF, UNS, GZB one can indeed treat them like shares as those nations/corps do own assets
knotwork: basically add up the national reserves the nation has with which to back their currency to see how much to value their currency
smickles: thanks jcpham :) I hope to be up and running soon
assbot: [MPEX] [S.MPOE] 72100 @ 0.00031093 = 22.4181 BTC [-]
gribble: Error: 'smickles.com' is not a valid url.
Doffx: can I just hand over all my btc smickles since I am clearly not making wise decisions?
chmod755: Doffx, you can also give your coins to me if you want
Doffx: No thanks I was hoping to get more returned than I put in.
Doffx: Although at this point its not really worked out that way.
chmod755: i'd invest them to buy a scammer tag so i'm officially allowed to run a ponzi
Doffx: I didnt know that was a requirement to run one.
rdponticelli: Doffx: In bitcoinland you're doing good if you get back something at all
Doffx: I did find a really good place to put my coins lately.
rdponticelli: And the scammer tag is just the prize they gave you when your ponzi has been a success
Eisenhower34: in regards to the past 3 months... there havent been a good place to put your coins in in the last 3 months....
Doffx: If you kept them in your bitcoin wallet its a great placce.
chmod755: just a few weeks and it's winter in the northern hemisphere
Doffx: I have all 20 coins that didnt leave my wallet.
jcpham: i'm up to like 4 bitcoins now
assbot: [MPEX] [S.MPOE] 3546 @ 0.00031093 = 1.1026 BTC [-]
assbot: [MPEX] [S.MPOE] 40400 @ 0.00031066 = 12.5507 BTC [-]
assbot: [MPEX] [S.MPOE] 9654 @ 0.00031028 = 2.9954 BTC [-]
Eisenhower34: why are those even allowed to talk in here? riight we dont have ay regulations for that :P
BTC-Mining: I got hundred billions of em damn satoshis
BTC-Mining: I'm aiming for the 10 trillion (100 000 BTC) satoshis mark
chmod755: BTC-Mining, you don't need 100k BTC
BTC-Mining: Argh, virtual militia! They're squatting my interwebs! Look at their pixely signs!
BTC-Mining: There's even a few violent ones corrupting my bits!
assbot: [MPEX] [S.MPOE] 39194 @ 0.00031355 = 12.2893 BTC [+]
jcpham: can't answer any question about it
smickles: that's all anyone needs to know
assbot: [MPEX] [O.BTCUSD.P110T] 4 @ 0.09250713 = 0.37 BTC [-]
Diablo-D3: so we can declare war on other websites and then show up at their workplace with a tank.
smickles: what would a virtual military be composed of Diablo-D3 ?
Ukto: any more news since earlier?
assbot: [MPEX] [S.MPOE] 35972 @ 0.00031192 = 11.2204 BTC [-]
smickles: alright, it seems that the total red tape fees will be 75 usd
smickles: ;;sell 6.25 BTC at 12 USD each
gribble: Error: For identification purposes, you must be identified via GPG to use the order book.
smickles: ;;sell 6.25 BTC at 12 USD each
jcpham: so relative to this channel
assbot: [MPEX] [S.MPOE] 16980 @ 0.00031355 = 5.3241 BTC [+]
assbot: [MPEX] [S.MPOE] 3620 @ 0.00031365 = 1.1354 BTC [+]
dub: why does kludge not have scammer tag?
rdponticelli: Anyway, he defaulted, but I don't think he's a scammer
BTC-Mining: because I think it was in his terms that in case of default, he'd pay back on mining or something like that.
BTC-Mining: Except repayment by mining would take years.
BTC-Mining: But there was no timespan defined for repayment
BTC-Mining: So as such... well he can take his time repaying
dub: jcpham: pics of raritys neice tbh
rdponticelli: Well, about cooperating with law enforcement, wich implies that law enforcement is involved
assbot: [MPEX] [S.MPOE] 23279 @ 0.00031365 = 7.3015 BTC [+]
dub: one sleep till pirate pays out
Azelphur: also inb4 more delaying tactics
assbot: [MPEX] [S.MPOE] 30628 @ 0.00031301 = 9.5869 BTC [-]
assbot: [MPEX] [S.MPOE] 30346 @ 0.00031028 = 9.4158 BTC [-]
assbot: [MPEX] [S.MPOE] 15126 @ 0.0003101 = 4.6906 BTC [-]
BTC-Mining: You have to relive the day until you manage to get Pirateat40 to pay. Because payment is always tomorrow until then.
rdponticelli: Yeah, I'm sure that bitcoin script has been shooted by Harold Raimis
rdponticelli: Nice thing is that you can kill yourself as many times as you like in the middle
BTC-Mining: Maybe nefario decided AML was not required...
BTC-Mining: Yeah, better get prepared for accounting without GLBSE
assbot: [MPEX] [S.MPOE] 46900 @ 0.00031365 = 14.7102 BTC [+]
gribble: Current Blocks: 202732 | Current Difficulty: timed out | Next Difficulty At Block: 203615 | Next Difficulty In: 883 blocks | Next Difficulty In About: 6 days, 2 hours, 11 minutes, and 8 seconds | Next Difficulty Estimate: 3035559.56035946 | Estimated Percent Change: -0.624232133735
gribble: Best bid: 12.0008, Best ask: 12.08, Bid-ask spread: 0.07920, Last trade: 12.0008, 24 hour volume: 27614, 24 hour low: 11.759, 24 hour high: 12.19
smickles: i just did the s2cm account, no docs
assbot: [MPEX] [S.MPOE] 1827 @ 0.00031365 = 0.573 BTC [+]
assbot: [MPEX] [S.MPOE] 10373 @ 0.00031413 = 3.2585 BTC [+]
pigeons: of so nefario took his meds
Azelphur: apparently my claim is finished
Azelphur: smickles: did you get S2CM data yet?
Azelphur: would be funny if everything pays out on friday
Doffx: Since its my birthday on oct 12 I expect everyone in here to send 1 btc, that will be 7 more btc than what pirate owes me with 116 people in here.
Doffx: Azelphur should send 2
Doffx: cash day for sure that way :)
smickles: huh, he left w/o giving a receiving addy
smickles: wait a tic, mutum sigilum is an EVE ONLINE corp?
smickles: with a description of "FOR THE LULZ"
smickles: bitcoin is a MMORPG, just like mircea_popescu said
assbot: [MPEX] [S.MPOE] 10427 @ 0.00031413 = 3.2754 BTC [+]
assbot: [MPEX] [S.MPOE] 11152 @ 0.00031421 = 3.5041 BTC [+]
assbot: [MPEX] [S.MPOE] 10842 @ 0.00031433 = 3.408 BTC [+]
smickles: i need a favor. can someone send 6.25 btc to an addy for me, I'll repay you tomorrow
assbot: [MPEX] [S.MPOE] 10423 @ 0.00031167 = 3.2485 BTC [-]
assbot: [MPEX] [S.MPOE] 7677 @ 0.00031075 = 2.3856 BTC [-]
smickles: 13bVm9NuHhYASYyXcbYHLqmfQeZ2XSaD7u
smickles: my client went silly, and I think i need to reload the chain to fix it
assbot: [MPEX] [S.MPOE] 5223 @ 0.00031075 = 1.623 BTC [-]
assbot: [MPEX] [S.MPOE] 9800 @ 0.00031048 = 3.0427 BTC [-]
assbot: [MPEX] [S.MPOE] 25777 @ 0.00031028 = 7.9981 BTC [-]
dub: pirate pays out tomorrow, smickles pays out tomorrow.... coincidence?
dub: occams razor, kekeke
assbot: [MPEX] [S.MPOE] 21023 @ 0.00031028 = 6.523 BTC [-]
assbot: [MPEX] [S.MPOE] 36677 @ 0.0003101 = 11.3735 BTC [-]
thestringpuller: ;;gpg everify freenode:#bitcoin-otc:cca7968273a95c153fb1b5cd24c5fb449204644a24fbfcaa0a2f90cc
gribble: You are now authenticated for user thestringpuller with key 0FF2943DA179E169
gribble: This user has not yet been rated. Currently authenticated from hostmask thestringpuller!~leflor@99-39-98-185.lightspeed.tukrga.sbcglobal.net .
thestringpuller: how much of your day do you spend on irc mp (that's my nickname for you mircea_popescu)
mircea_popescu: you're not the only one calling me mp lol. and as long as the computer's on i have irc going.
thestringpuller: It's tough I just started writing the verilog based on a paper I read
thestringpuller: gonna take months with my professor helping to get a single "chip"
thestringpuller: The second glbse went under I sold a bunch of bitcoins, then waited and bought them back at a cheaper price...
thestringpuller: You've probably been asked this many times before mp, but how does GLBSE being shutdown make you feel?
mircea_popescu: thestringpuller well, tbh, relieved. it was the main threat to having a btc finacials market. the longer it dragged on the worse it was.
mircea_popescu: course, sucks for all the people who wouldn't listen / knew better / whatever.
assbot: [MPEX] [S.MPOE] 29400 @ 0.00031091 = 9.1408 BTC [+]
assbot: [MPEX] [S.MPOE] 34425 @ 0.00031207 = 10.743 BTC [+]
BTC-Mining: Hey... GLBSE was the best trading platform (not for investing, for making trades)
BTC-Mining: I was getting almost pirate rates without the pirate stocks.
BTC-Mining: My wallet didn't find it to be a problem at all.
bitcoinbear: so, have glbse asse holders heard anything yet?
mircea_popescu: yeah. if you go to the casino and make a lot of money your wallet might not complain
mircea_popescu: right. from a macro perspective the thing was harmful.
mircea_popescu: otherwise, im sure plenty of people made money bilking the idiots who thought they're investors.
bitcoinbear: him trading helps decrease the spread (somewhat), making the market more stable
thestringpuller: I lost 20 btc, but I've been mining with free electricity, so it's a drop
BTC-Mining: It's not casinoing if the asset has a base value through profit sharing. The wild price fluctuations just make it much easier to buy below market value and resell it far above market value.
thestringpuller: for something that didn't have a lot of market depth, GLBSE had a sizable volume of outstanding shares.
BTC-Mining: Most shares sold and weren't trading much afterward
thestringpuller: BTC-Mining isn't that how market makers make their money, via the bid-ask spread?
BTC-Mining: when the bid-ask spread is 10% - 80% and the trading fee is 0.5% but only for the one selling/buying into orders...
mircea_popescu: actually, take mpoe.etf. a DAY before it being unwound (at like 1.2x)
mircea_popescu: so not for a second do i consider that "market" in any way related to any economics.
bitcoinbear: but you could make money off the randomness
mircea_popescu: had nothing to do with btc finance, or finance at all.
mircea_popescu: the continuing pretense that it did however, was very harmful for everyone.
bitcoinbear: like nefario said, it was meant to be a toy
mircea_popescu: thinking going to the casino = participating in the economy is damaging.
bitcoinbear: I wish he would move faster so we could just be done with the whole thing
BTC-Mining: mircea, that's exactly the point, it's not casino odds if a mining asset pays for x each week but the randomness makes it go 50% under the market rate per mhash then a few days later 50% over market rate.
thestringpuller: Don't casinos make a lot of money mircea_popescu? Like Las Vegas for instance, the Bellagio just rakes in money.
mircea_popescu: thestringpuller actually these days casinos are doing very poorly.
bitcoinbear: anybody want to buy 10 BDK.BND shares at the low price of 0.08?
mircea_popescu: bad 3 or so years. if it keeps up you'll see bankruptcies
mircea_popescu: thestringpuller playing satoshidice isn't investing tho.
thestringpuller: I don't know if you've ever seen the Chappelle Show, but there was an episode where this guy came into a lot of money, played a dice game, and won, so he had tons of money.
thestringpuller: Like if you won the lottery, then put it all on double 0 at the casino and won again. But then again I guess it's all "casinoing"
bitcoinbear: btc-mining, was it you who was always outbidding me by a single satoshi? drove me nuts
BTC-Mining: I kept outbidding by one satoshi and people kept outbidding me by one satoshi, I was going nuts making people go nuts.
mircea_popescu: maybe you folks just need some better masturbation material.
bitcoinbear: I refused to bid out more than 4 significant digits
bitcoinbear: page loads, 2 sec if you were lucky. it made me feel like I was back in 1993 or something
BTC-Mining: It was due to GLBSE being quite spread up
smickles: < dub> pirate pays out tomorrow, smickles pays out tomorrow.... coincidence? <<< lolwut?
smickles: also, most of my stuff isn't here yet, i'm using a stepstool with a couple of rags for padding as my seat
smickles: and this is where my accounting company will start
assbot: [MPEX] [S.MPOE] 2251 @ 0.00031207 = 0.7025 BTC [+]
smickles: i sold some btc earlier to pay licensing and registration fees
rdponticelli: You're supposed to raise a ton of money and run away
smickles: rdponticelli: if i need to raise funds, you'll be the first one i make an offer to, m'kay?
gribble: Best bid: 12.00104, Best ask: 12.05, Bid-ask spread: 0.04896, Last trade: 12.05, 24 hour volume: 27195, 24 hour low: 11.8029, 24 hour high: 12.19
smickles: [\\\]: did you miss us at sub-11 earlier?
[\\\]: but if it drops to $2, I'm gonna buy 50k btc
[\\\]: That's what the AMEX is for
Diablo-D3: banks maliciously reverse loans within a week after they credit check you a second time
[\\\]: thats why you wait 3 weeks
Diablo-D3: they claim "to prevent fraud", but the only fraud going on is their actions since they already signed the papers
Diablo-D3: Ive heard of banks doing it after 3 MONTHS
mircea_popescu: Diablo-D3 prolly a pretty penny to be made from sueing then
Diablo-D3: sometimes you have judges going along with it
Diablo-D3: not sure if they're just inept or they're in the bank's pocket
smickles: mircea_popescu: is that the one that is similar to wherewolf?
assbot: [MPEX] [S.MPOE] 1249 @ 0.00031242 = 0.3902 BTC [+]
Diablo-D3: oh fuck comments already go straight to south park
assbot: [MPEX] [S.MPOE] 21473 @ 0.00031079 = 6.6736 BTC [-]
dub: Diablo-D3: remake a movie with it
dub: gak, I want to shoot thos imgur commenters more that I want to shoot everyone on btctalk
assbot: [MPEX] [S.MPOE] 25227 @ 0.00031079 = 7.8403 BTC [-]
assbot: [MPEX] [S.MPOE] 10373 @ 0.0003101 = 3.2167 BTC [-]
Ukto: so did nefario open things up ?
Ukto: still didnt enable password recovery though :/
dub: dont forget your password
Ukto: i havent logged in since my account was emptied from the "hack" in may
Ukto: i somehow dont think I was :P
assbot: [MPEX] [S.MPOE] 23235 @ 0.0003101 = 7.2052 BTC [-]
assbot: [MPEX] [S.MPOE] 7832 @ 0.0003101 = 2.4287 BTC [-]
assbot: [MPEX] [S.MPOE] 1300 @ 0.00031008 = 0.4031 BTC [-]
assbot: [MPEX] [S.MPOE] 29233 @ 0.00031 = 9.0622 BTC [-]
smickles: omg, i'm rocking a 128k connection
smickles: lol, for the fun of it, i fired up cgminer and pointed it at my client,
Ukto: smickles: a hotel I stayed in Japan last april, was still on an ISDN modem
Ukto: that was about 12yrs old
smickles: it said "Accepted c5b1c47c.155918dc" and for a moment, my heart raced as i thought i hit a block
assbot: [MPEX] [S.MPOE] 67796 @ 0.00031017 = 21.0283 BTC [+]
assbot: [MPEX] [S.MPOE] 8804 @ 0.0003109 = 2.7372 BTC [+]
assbot: [MPEX] [S.BVPS] 500 @ 0.00320653 = 1.6033 BTC [+]
assbot: [MPEX] [S.BVPS] 35 @ 0.00316891 = 0.1109 BTC [-]
assbot: [MPEX] [S.MPOE] 33400 @ 0.0003109 = 10.3841 BTC [+]
assbot: [MPEX] [S.MPOE] 7400 @ 0.00031046 = 2.2974 BTC [-]
assbot: [MPEX] [S.MPOE] 1350 @ 0.0003109 = 0.4197 BTC [+]
assbot: [MPEX] [S.DICE] 135 @ 0.0032 = 0.432 BTC [-]
assbot: [MPEX] [S.MPOE] 24397 @ 0.0003109 = 7.585 BTC [+]
assbot: [MPEX] [S.MPOE] 26203 @ 0.00031282 = 8.1968 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 2 @ 0.23231876 = 0.4646 BTC [-]
assbot: [MPEX] [O.BTCUSD.P140T] 1 @ 0.23049622 BTC [-]
assbot: [MPEX] [B.MPCD.C] 150 @ 0.00076466 = 0.1147 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120N] 2 @ 0.23654313 = 0.4731 BTC [+]
BTC-Mining: [01:17] <mircea_popescu> 35911.75164BTC total volume
BTC-Mining: Sounds awfully wrong since GIGAMINING alone sold 40k bonds at 1 BTC or more and had like twice that volume.
assbot: [MPEX] [S.MPOE] 25100 @ 0.00031046 = 7.7925 BTC [-]
BTC-Mining: 2823.6BTC total revenue from trading fees
BTC-Mining: I remember calculating it as higher than that however.
assbot: [MPEX] [S.MPOE] 5976 @ 0.00031149 = 1.8615 BTC [+]
assbot: [MPEX] [S.MPOE] 10800 @ 0.00031046 = 3.353 BTC [-]
assbot: [MPEX] [S.MPOE] 43867 @ 0.00031 = 13.5988 BTC [-]
assbot: [MPEX] [S.MPOE] 4733 @ 0.00030994 = 1.4669 BTC [-]
assbot: [MPEX] [S.MPOE] 2600 @ 0.00031034 = 0.8069 BTC [+]
assbot: [MPEX] [S.MPOE] 37300 @ 0.00031032 = 11.5749 BTC [-]
assbot: [MPEX] [S.MPOE] 32200 @ 0.00030994 = 9.9801 BTC [-]
jurov: coinbr was updated, check it.. just few kinks to iron and we can do official announcement
jurov: but referrals are already working
FabianB: jurov: cool :), will check later after work
assbot: [MPEX] [S.MPOE] 2567 @ 0.00030994 = 0.7956 BTC [-]
assbot: [MPEX] [S.MPOE] 11633 @ 0.00030992 = 3.6053 BTC [-]
assbot: [MPEX] [S.MPOE] 10600 @ 0.00031034 = 3.2896 BTC [+]
assbot: [MPEX] [S.MPOE] 40156 @ 0.00031034 = 12.462 BTC [+]
assbot: [MPEX] [S.MPOE] 44467 @ 0.00030992 = 13.7812 BTC [-]
assbot: [MPEX] [S.MPOE] 22054 @ 0.00030983 = 6.833 BTC [-]
assbot: [MPEX] [S.MPOE] 1268 @ 0.00031034 = 0.3935 BTC [+]
assbot: [MPEX] [S.MPOE] 35300 @ 0.00031036 = 10.9557 BTC [+]
assbot: [MPEX] [S.MPOE] 9100 @ 0.00031079 = 2.8282 BTC [+]
copumpkin: Chaang-Noi: it proved to be too technically challenging
copumpkin: I dunno, all I know is that for a while he had a form up and then he took it down
Chaang-Noi: i guess it was not a legal demand after all
Chaang-Noi: i wonder what is going on in his head right now...
Chaang-Noi: also i wonder what the SEC will do now that glbse closed down
Chaang-Noi: i wonder if they will still go after them or just walk away
copumpkin: "yeah, sure, you were hacking up kidnapped hookers for years before, but you appear to have stopped, so I guess you're good. Sorry for the unpleasant chase!"
assbot: [MPEX] [S.MPOE] 39500 @ 0.0003121 = 12.328 BTC [+]
Chaang-Noi: sometimes they act to stop an activity
Chaang-Noi: but glbse said they were wrong to be doing what they were doing, it just does not add that headline pop
Chaang-Noi: fed shut down already closed exchange...
Chaang-Noi: now if glbse was a terrorist operation sure...
Chaang-Noi: but trading btc and all that shit? its not going to be an easy case i bet
copumpkin: well, the crime was already committed, and they can claim that many people were defrauded as a result of the unregulated exchange operating for so long
copumpkin: due to all the fraudulent unregulated securities issued on it
Chaang-Noi: and really the SEc going after this will make the right wing nuts in the usa take a hard look at btc and might even help it
Chaang-Noi: if the SEC is scared of BTC im bullish in BTC :)
copumpkin: "I'm against all forms of regulation and government control, except, OH SHIT, PEOPLE ARE BUYING IMMORAL THINGS WITH BITCOIN. WE MUST BANISH IT FROM THE EARTH AS GOD EXPECTS"
copumpkin: or, from the other side, "regulation is good, and we need to protect dumbasses from themselves. We must regulate bitcoin"
copumpkin: that's not to say I think one side is as good as the other, mind you
assbot: [MPEX] [S.MPOE] 23500 @ 0.00031183 = 7.328 BTC [-]
assbot: [MPEX] [S.DICE] 885 @ 0.0032 = 2.832 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 719 @ 0.20596839 = 148.0913 BTC [+]
iz: copumpkin: do you think ppl should be able to run ponzi schemes and scam dumbasses out of hundreds of thousands of bitcoins?
iz: or do you think there should be regulation that protects dumbasses from themselves?
iz: running to the cops or the SEC to sue or get someone in trouble for scamming you out of BTC is using that regulation
MrTiggr: iz: do you think ppl should be able to run ponzi schemes and scam dumbasses out of hundreds of thousands of regular CASH? .. bitcoin is the equivalent of cash ... if you blilndly give it to the rong person ... its gone dude and its yer own fault
MrTiggr: people should treat bitcoin with the same scrutiny that they do for cash transactions
iz: no, people shouldn't be able to do that with cash, and that's why the SEC and regulatory agencies exist
iz: it's not the cash vs bitcoin
iz: it's regulated exchanges and investment companies, like with cash
assbot: [MPEX] [S.MPOE] 34100 @ 0.00031101 = 10.6054 BTC [-]
assbot: [MPEX] [S.MPOE] 26656 @ 0.00031079 = 8.2844 BTC [-]
MrTiggr: and by "Cash" i mean coins and notes
copumpkin: MrTiggr: are you saying that "real-world" cases of fraud should not be prosecuted?
iz: vs unregulated exchanget and investment companies, like with bitcoin, where most of them are scams
copumpkin: because the defrauded party was dumb enough to hand over his money?
MrTiggr: i am SPECIFICALLY comparing bitcoin to CASH
copumpkin: this is whether someone was defrauded or not
MrTiggr: no chargeback and not really very tracable
copumpkin: do you blame the victim of fraud on the victim?
copumpkin: implementation details, you might say
MrTiggr: the next point i will make is
MrTiggr: we should provide bitcoiners with the tools to ensure that their "cash-like" transactions can be conducted with the best possible confidence
iz: it's not about transactions with scams though
MrTiggr: if my mate buys a TV from a stranger with cash and gets ripped
iz: they are making the transactions intentionally
MrTiggr: the point i am making is that there is a level of responsibility that normal transactions are held to, which bitcoiners seem to think doesnt apply
iz: what if your grandma spends all of her retirement money buying a new spaceage TV that cooks dinner for her
MrTiggr: in fact, happened to my grandpa
MrTiggr: but he was stoopid enuf to do it
iz: should it be legal for a company to carry on business defrauding grandmas?
MrTiggr: not check who he qwas dealing with etc
iz: who do you check with?
copumpkin: MrTiggr: what if a con artist lies his way into your building and takes money from your vault?
iz: if there is no regulatory agency
iz: how can you tell what is a real investment company.. and what is a scammy investment company?
copumpkin: is this purely about not using violence to obtain someone else's property?
iz: you just have to take their word for it
copumpkin: it seems you could make arguments about someone not being strong enough to resist robbers
iz: or the word on the street
copumpkin: in fact, I have seen gun advocates say that
MrTiggr: not as far as i am concerned - i equate bitcoin to cash ... im not giving my dollar bills to anyone i dont trust ... neither should a bitcoiner
copumpkin: cash boils down to whether you can prove that you gave the money to the person
iz: MrTiggr: investments don't care how you give them the money
copumpkin: that's got little to do with the actual crime
MrTiggr: in the same breath - i personally do everything i can to help bitcoiners make the best decision about their trades
MrTiggr: (i AM bitcoin-police after all)
copumpkin: whether bitcoin is equivalent to cash is completely irrelevant to the legality/morality of the issue
iz: MrTiggr: how do you know what is good and what is a scam?
copumpkin: it just determines how easy it is to prove that you gave it to them
MrTiggr: investments (like glbse .. which is what i imagine you are referring) are not the same thing
MrTiggr: but its hard with "real cash" too
iz: yeah, that's like.. we're discussing if children should be able to drink alcohol or not, and you are like "well.. i think it all depends on if it's vodka or whiskey"
MrTiggr: lets not confuse casual -otc bitcoin trading with .. ponzi or other investment
iz: it doesn't matter if it's bitcoin or cash or pokemon cards
iz: an investment scam vs a real investment opportunity are hard to tell the difference between, without there being some sort of regulatory agency
MrTiggr: so... you are defending the people who blindly "invested" bitcoin in .. lets say for arguments sake .. a glbse stok .. with out checking who was managing the funds
iz: it's not bitcoin's fault
copumpkin: nobody's claiming it is bitcoin's fault
iz: but it happened because there is no regulatory agency
MrTiggr: it happened due to lack of consumer diligence imho
iz: and the reason that doesn't happen so much in the real USD markets
iz: is because of regulation
MrTiggr: "who is nefario" << first Qn id have asked myself if investing in any glbse stock
copumpkin: MrTiggr: just like I got robbed because I hadn't learned martial arts, or wasn't carrying a gun? it happened because an asshole defrauded you.
iz: do you think it should be okay for people to dress up like police officers and go around to people's houses
iz: and the people who don't call the main police office to check on the badge numbers to make sure they are real cops
copumpkin: "you should have called up the police office to make sure they had sent someone, before letting him in"
MrTiggr: regulation i don thtink is the answer... i agree there is aproblem, but im kinda sick of bitcoiners blaming their own lack of due diligence on the "missing regulatory component" for which bitcoin was originally founded
iz: deserve the robbing they are going to get
copumpkin: I don't think bitcoin was originally founded "for" that
iz: bitcoin wasn't founded for that
MrTiggr: De-Centralized currency is one of the core tennant of bitcoin
copumpkin: the protocol doesn't require regulation, but the people using it might
iz: the problem are the bitcoin exchanges not being regulated
iz: not that bitcoin itself isn't regulated
MrTiggr: <iz> the problem are the bitcoin exchanges not being regulated << how so ?? all the major exchanges are subject to AML etc
iz: how could you regulate cash against scams involving cash (besides counterfeiting)?
iz: they are just some random dude
iz: putting a website up on a VPS somewhere that he bought w/ bitcoins
MrTiggr: ?? and they would have been raepd for not being AML compliant
iz: for trading real money
iz: only because they trade real money, and use the regulation that real money provides
iz: for bitcoin investment companies that DON'T deal in cash and only in bitcoins
iz: they don't have any regulations they need to follow at all
MrTiggr: all the more reason for due diligence
iz: you're saying "no regulation to bitcoin" while touting that bitcoin exchanges are AML compliant..
MrTiggr: either you centralize and regulate or you dont
iz: and the only reasons bitcoin exchanges are AML compliant is BECAUSE of the regulation of USD
MrTiggr: exchanges are not bitcoin ... they are a way out/in to bitcoin
iz: you don't need to centralize the mint to have regulation of exchanges
MrTiggr: if you are talking about regulation of exchanges, i have no problem with that
iz: all you need is a 3rd party regulatory agency that has a vested intrest in maintaining everyone's trust and not letting ppl break rules just because they got paid off
iz: also regulating bitcoin investment companies
MrTiggr: ooh thats "all you need" .. so who we gonna trust on that
MrTiggr: sarcasm included - thats a real question
iz: like.. make sure they keep the offline wallet key used to store everyone's bitcoins secret and don't check it into git
MrTiggr: totally for that - thats not really regulation ... not in the true sense though ... its some form of compliance to a satandard
iz: MrTiggr: ever use SSL? the CAs are exactly like that
iz: just companies that have a vested intrest in being secure authorities
MrTiggr: ok so we setup Bitcoin-Verisign then ?
iz: well, something like that
iz: but i don't know if it would be profitable
MrTiggr: i wudnt classify that as typical regulation though
iz: yeah, i figured someone would try to do something like that
iz: okay breakfast time for me.. peace all
MrTiggr: peace bro! ... don't hate my devil's-advocate hat oo much ... im kinda cranky today :P
assbot: [MPEX] [S.MPOE] 47600 @ 0.00031003 = 14.7574 BTC [-]
assbot: [MPEX] [S.MPOE] 28400 @ 0.00030983 = 8.7992 BTC [-]
Ukto: did nefario actually "give out" assets/btc yet?
assbot: [MPEX] [O.BTCUSD.P140T] 266 @ 0.25780139 = 68.5752 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 183 @ 0.27932903 = 51.1172 BTC [+]
assbot: [MPEX] [S.MPOE] 13600 @ 0.00030995 = 4.2153 BTC [+]
mircea_popescu: There's no drama like Bitcoin drama. The "will pirate make contact" storyline returns tomorrow and the new season of "will BFL deliver" starts in a couple of weeks. It's like reality TV without the ads. Which well-known Bitcoin business will suddenly fail next? Who should be voted off the libertarian island?
assbot: [MPEX] [S.MPOE] 9302 @ 0.00031179 = 2.9003 BTC [+]
sgornick: mircea_popescu: Lost chase and wells fargo (well, no deposits, no ach withdraw .. .. through end of Oct, though if he doesn't know why they froze it how does he know end of Oct. it will be re-opened, with access to funds?)
mircea_popescu: well that's ok, he makes a third coming, this time with a frozen BTC and a frozen USD balance.
sgornick: "WellsFargo cash deposits are currently suspended. We apologize for any inconvenience and are looking for a resolution."
sgornick: "business reasons" with no explanation.
mircea_popescu: you know... it's almost as if the banks are by now workingtogether to fuck over btc exchanges
sgornick: Yup, and they have an excuse that sounds legit. "Just because, um ... we can't tell you why."
mircea_popescu: well frankly, they're entirely within their right to tell you to take a hike.
mircea_popescu: it's a bank after all, it's not obliged to handle your money.
sgornick: Until I can legally open a bank then that is bullshit.
dub: all is not well in magical bunny land
mircea_popescu: i'm serious tho, come to romania and open a bank. you need something like 50ish mn in capital iirc.
assbot: [MPEX] [S.MPOE] 12798 @ 0.0003126 = 4.0007 BTC [+]
pigeons: i'd rather open a mcdonalds
rdponticelli: How long would take mpex to open his own bank?
rdponticelli: pigeons: for that you need garbage amounting in the millions
sgornick: Right, wasn't calling bullshit on that you need money to open a bank. Was trying to say how that moeny requirement is bullshit.
mircea_popescu: sgornick why would it be bullshit tho ? i mean... allow nefario to open an irl bank ?
mircea_popescu: money as a barrier to entry is great, because in spite of all its failings, modern society works pretty well at keeping idiots and money apart.
pigeons: people wouldn't use nefario if there were legal alternatives competent people would run them
rdponticelli: mircea_popescu: damn, I won't buy anymore S.MPOE, then
mircea_popescu: pigeons right. like... you know... btc stock exchanges.
mircea_popescu: you're flat out wrong. the incompetent flock together.
mircea_popescu: rdponticelli banks suck, the margins are about as narrow as in electricity production.
pigeons: or at least they hire likeminded people to post for them on forums
mircea_popescu: and the honesty of their incompetence resonates with the inner vibration of incompetence in a large mass of others.
mircea_popescu: but incidentally, why are there mcdonald's places, pigeons ? after all, there's legal alternatives run by competent people. like, you know, actual restaurants.
pigeons: what are the legal alternatives to banks?
pigeons: there aren't. join the cartel or else use nefario
jcpham: but there can be a bitcoin cartel
sgornick: mircea_popescu: When fractional reserve is 10:1 that's when the system fails without a large amount of capital (and generally fails even with a large amount of capital)
sgornick: But here's an approach where I need only $1 to do this.
mircea_popescu: sgornick well that's two arguments you're proposing, and they're unrelated. anyway, there's no practical way to limit credit.
mircea_popescu: if i promise my gf to take her to the film, it's none of your business.
BTC-Mining: It seems the AML docs requirement was removed
mircea_popescu: and when i say glbse is damaging, this is EXACTLY what i mean. will in the future people go "o, i won't follow stated policy cause what if these people reverse it like glbse used to do" ? yes, they will.
mircea_popescu: the false notion that glbse was a btc-financials related website is fucking us over ;/
FabianB: jurov: in the orderform of coinbr it would be nice if the item selectbox would have a consistent ordering
assbot: [MPEX] [S.MPOE] 30000 @ 0.0003112 = 9.336 BTC [-]
BTC-Mining: [16:29] <mircea_popescu> the false notion that glbse was a btc-financials related website is fucking us over
BTC-Mining: Well it could have been, but Nefario screwed it up. He should have accepted brokering unregistered securities might not be legal and stayed in China. Lower costs of living to top it.
BTC-Mining: Instead of backing up for unknown reasons (theft, fears, whatever)
mircea_popescu: back when he was still in China I honestly thought that's where he's going and mostly why I laid off him
BTC-Mining: You need some dedication when offering bitcoin services.
BTC-Mining: In any case, I'm off. Don't know why I've been paying 26$/month for TV I'm not using when I watch my shows online.
dub: in other news Tim O'reilly is a toker
assbot: [MPEX] [S.MPOE] 5700 @ 0.0003112 = 1.7738 BTC [-]
assbot: [MPEX] [S.MPOE] 2700 @ 0.00031094 = 0.8395 BTC [-]
assbot: [MPEX] [S.MPOE] 18900 @ 0.0003107 = 5.8722 BTC [-]
smickles: jeez, being sure you have legal shit together takes too long
rdponticelli: smickles: Yeah, the legal system is just a hierarchy sustainer, and those already stablished don't tend to like the future competition
kakobrekla: i need to get all the trades from gox since begining of time
kakobrekla: that dude is still useful for something
dub: grab it now, you know theres no backup
dub: iirc bitcoincharts had a copy somewhere
assbot: [MPEX] [S.MPOE] 3000 @ 0.00031238 = 0.9371 BTC [+]
assbot: [MPEX] [S.MPOE] 25000 @ 0.00031238 = 7.8095 BTC [+]
assbot: [MPEX] [S.MPOE] 9300 @ 0.0003107 = 2.8895 BTC [-]
assbot: [MPEX] [S.MPOE] 15604 @ 0.00031012 = 4.8391 BTC [-]
jurov: FabianB,yes, whole order form is FUBAR. But finally i figured toscawidgets out and am redoing it right atm.
smickles: i've now written a draft of a couple lines of recitals for a contract involving bitcoin transfers which i enjoy
smickles: Over the course of their adventures, smickles has acquired control over an amount of [thing] and [otherguy] has acquired control over an amount of [otherthing].
smickles: So, it has come to this, that smickles is willing to part with an amount of [thing] in order to acquire control over an amount of [otherthing]. Likewise, [otherguy] is now willing to part with an amount of [otherthing] in order to acquire control over an amount of [thing].
assbot: [MPEX] [O.BTCUSD.P200N] 1 @ 0.99879214 BTC [-]
jurov: smickles, consider writing recitals for hire
assbot: [MPEX] [O.BTCUSD.P200N] 1 @ 0.89865703 BTC [-]
smickles: jurov: i will provide consulting services as part of my business ;D
jurov: i'd prefer something short and simple like "smickles accidentally an amount of [thing] in order to [otherthing]"
smickles: ;;calc (20-[ticker --bid])/[ticker --bid]-.99879214
gribble: Error: Something in there wasn't a valid number.
smickles: ;;calc (20 - [ticker --bid]) / [ticker --bid] - .99879214
smickles: jurov: lol, i feel like making the recitals out of a 'realization keanu' image
jurov: or, even shorter, "smickles wants moar [thing]. Likewise, [otherguy] can haz [otherthing]."
jurov: and you can use cat pics! keanu is boring
smickles: "under the eye of ceiling cat"
jurov: "Delivery method: [ ] Fedex [ ] UPS [ ] Monorail cat"
smickles: and it has to end with "best contract evar"
jurov: i used lolcat translator, brace ur:
jurov: SO, IT HAS COME 2 DIS, DAT SMICKLEZ IZ WILLIN 2 PART WIF AN AMOUNT OV [TING] IN ORDR 2 ACQUIRE CONTROL OVAR AN AMOUNT OV [OTHERTHIN]. LIKEWIZE, [OTHERGUY] IZ NAO WILLIN 2 PART WIF AN AMOUNT OV [OTHERTHIN] IN ORDR 2 ACQUIRE CONTROL OVAR AN AMOUNT OV [TING].
assbot: [MPEX] [S.MPOE] 4637 @ 0.00031238 = 1.4485 BTC [+]
assbot: [MPEX] [O.BTCUSD.P170N] 1 @ 0.58521108 BTC [-]
assbot: [MPEX] [O.BTCUSD.P170T] 1 @ 0.46103591 BTC [+]
assbot: [MPEX] [O.BTCUSD.P110T] 3 @ 0.08997437 = 0.2699 BTC [-]
assbot: [MPEX] [S.MPOE] 21200 @ 0.00031051 = 6.5828 BTC [-]
assbot: [MPEX] [S.MPOE] 13365 @ 0.00031238 = 4.175 BTC [+]
assbot: [MPEX] [S.MPOE] 28425 @ 0.00031307 = 8.899 BTC [+]
assbot: [MPEX] [S.MPOE] 5900 @ 0.00031264 = 1.8446 BTC [-]
assbot: [MPEX] [S.MPOE] 34758 @ 0.00031264 = 10.8667 BTC [-]
darkee: prolly not the best time I could've been on a vacation...
assbot: [MPEX] [S.MPOE] 4519 @ 0.00031109 = 1.4058 BTC [-]
thestringpuller: ;;gpg verify freenode:#bitcoin-otc:69eaf57f6336b2ca03141dcfc6bb3c41918a39d23bf42c504c512155
gribble: Error: 'freenode:#bitcoin-otc:69eaf57f6336b2ca03141dcfc6bb3c41918a39d23bf42c504c512155' is not a valid
http url.
thestringpuller: ;;gpg everify freenode:#bitcoin-otc:69eaf57f6336b2ca03141dcfc6bb3c41918a39d23bf42c504c512155
gribble: Error: In order to authenticate, you must be present in one of the following channels: #bitcoin-otc;#bitcoin-otc-foyer;#bitcoin-otc-ru;#bitcoin-otc-eu
thestringpuller: ;;gpg everify freenode:#bitcoin-otc:69eaf57f6336b2ca03141dcfc6bb3c41918a39d23bf42c504c512155
gribble: You are now authenticated for user thestringpuller with key 0FF2943DA179E169
gribble: usagi was last seen in #bitcoin-assets 6 days, 18 hours, 29 minutes, and 30 seconds ago: <usagi> We own 2000 shares.. should be good if glbse comes up :/
dub: spose I should get around to claiming
dub: purely because I don't want that fuckmeat keepign the 1.4btc or whatever I have in there
dub: and of course to claim that 1 DMC share
assbot: [MPEX] [S.MPOE] 22700 @ 0.00031084 = 7.0561 BTC [-]
assbot: [MPEX] [S.MPOE] 896 @ 0.00031051 = 0.2782 BTC [-]
assbot: [MPEX] [S.MPOE] 13100 @ 0.00031274 = 4.0969 BTC [+]
assbot: [MPEX] [S.MPOE] 22800 @ 0.00031358 = 7.1496 BTC [+]
kakobrekla: im going to chart money flow oscilator
assbot: [MPEX] [S.MPOE] 27016 @ 0.00031274 = 8.449 BTC [-]
assbot: [MPEX] [S.MPOE] 2300 @ 0.00031231 = 0.7183 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 4 @ 0.22374807 = 0.895 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 5 @ 0.21399737 = 1.07 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 2 @ 0.19049152 = 0.381 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 2 @ 0.18103774 = 0.3621 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 837 @ 0.17063486 = 142.8214 BTC [-]
zerokwel: any thing that requires luck I lose
assbot: [MPEX] [S.MPOE] 17900 @ 0.00031116 = 5.5698 BTC [-]
Chaang-Noi: lol 30 btc to get an account? you know i turned you down when it was free
Chaang-Noi: also i think i would lose more holding the stock anyway
Chaang-Noi: the problem with this game is confrims
Chaang-Noi: im up 19 coins but cant play more but want to
Chaang-Noi: oh i just have to wait for 1 confirm not 6
assbot: [MPEX] [S.MPOE] 23887 @ 0.000311 = 7.4289 BTC [-]
assbot: [MPEX] [S.MPOE] 20723 @ 0.00031058 = 6.4361 BTC [-]
gribble: Time since last block: 2 minutes and 37 seconds
zerokwel: and some blocks do that have sd tx in them
EskimoBob: you guy better get the LTC before it hits 0.009
EskimoBob: diff jump estimate is about 45%! yes 45%
Chaang-Noi: im well over 160k so i guess ill have to hold
Chaang-Noi: i wanted 200k but i guess i ownt get it :(
assbot: [MPEX] [S.MPOE] 29377 @ 0.00031058 = 9.1239 BTC [-]
assbot: [MPEX] [S.MPOE] 1074 @ 0.00030923 = 0.3321 BTC [-]
assbot: [MPEX] [S.MPOE] 14649 @ 0.0003092 = 4.5295 BTC [-]
Chaang-Noi: hmm s dice did not tell me about a 2 btc bet
Chaang-Noi: it jsut ignored it but took my money :/
assbot: [MPEX] [S.MPOE] 6451 @ 0.0003092 = 1.9946 BTC [-]
assbot: [MPEX] [S.MPOE] 32549 @ 0.00030918 = 10.0635 BTC [-]
gigavps: glbse has pretty much ruined any entire market, it's kind of hard to understand the effect of just shutting down their service without any notice
gigavps: it's beyond a worst case scenario
thepulledstring: gigavps, you also seem to be able to withstand the weather of this storm your company won't buckle
gigavps: thepulledstring i can survive anything, i am more worried about people who bought shares/bonds
gigavps: glbse has let down their entire userbase with yet another knee jerk reaction
assbot: [MPEX] [S.MPOE] 4151 @ 0.00030918 = 1.2834 BTC [-]
assbot: [MPEX] [S.MPOE] 47549 @ 0.00030915 = 14.6998 BTC [-]
knotwork: damn all that ASIC money still be dumped by the ASIC folk to buy fiat to build thier ASICS holding price down maybe?
thepulledstring: gigavps when you get a list of your outstanding shares and who owns them you will be able to hunt out your shareholders who haven't made claims...
thepulledstring: knotwork: ork I think asic are all hype. So much money goes into NRE
assbot: [MPEX] [S.MPOE] 1900 @ 0.00030915 = 0.5874 BTC [-]
assbot: [MPEX] [S.MPOE] 27300 @ 0.00031116 = 8.4947 BTC [+]
knotwork: Hey I think I saw something about google's browser having a remote desktop / pc-anywhere feature in it now
knotwork: if so people who insist everything has to be in their browser can be accomodated simply by leasing them a virtual machine running chrome with the remote desktop feature turned on
knotwork: they they can have desktop apps in their browser
EskimoBob: chrome sucks. You can not select individual cells from a table.
knotwork: its suppoosedly a remote desktop
knotwork: dont know if the remote machine even has to run chrome or it runs a normal remote desk daemon
knotwork: no no HTML tables to worry about, its like running xwindows presumably but embedded in their browser
knotwork: so they could e.g. run open transactoions java client on their virtual machine and have it in their browser at their end
assbot: [MPEX] [S.MPOE] 6100 @ 0.00030915 = 1.8858 BTC [-]
knotwork: I think the browser thing is "misery loves company". if private keys are only at their end, not even an intrusive javascript at server to come into their browser to mess with their keys, if they get hacked its just them suffering alone
knotwork: but if they convince someone to create a website to get hacked, then when the hack happens they have to consolation of everyonev else also suffering along with them
knotwork: and they can claim it wasnt their fault too, as if they didnt insist and lobby etc for a website precisely to let it happen
Chaang-Noi: can someone help my figure something out, what are the odds of my not rolling a 1 on a 4 side dice if i do it 10 times? and never hit a 1?
jurov: oh no it NOT rolling 1
gribble: Error: "calc(0/0)" is not a valid command.
markac: Note that .calc is deprecated, consider using .c
EskimoBob: is today the 12th when The BTC Shysters and Thieves (aka BTCST) promised to release new information?
assbot: [MPEX] [S.MPOE] 21830 @ 0.00030915 = 6.7487 BTC [-]
assbot: [MPEX] [S.MPOE] 57549 @ 0.00030912 = 17.7895 BTC [-]
assbot: [MPEX] [S.BVPS] 300 @ 0.00323914 = 0.9717 BTC [+]
assbot: [MPEX] [S.MPOE] 28674 @ 0.00030963 = 8.8783 BTC [+]
gribble: Error: "tlsb" is not a valid command.
gribble: Time since last block: 19 minutes and 34 seconds
assbot: [MPEX] [S.MPOE] 4348 @ 0.00030912 = 1.3441 BTC [-]
assbot: [MPEX] [S.BVPS] 100 @ 0.00323967 = 0.324 BTC [+]
PsychoticBoy: I do hope i will get all shareholders information so I can settle this
PsychoticBoy: I ordered in Jan 2012 and got it 11 april 2012
gribble: Time since last block: 13 minutes and 30 seconds
thepulledstring: PsychoticBoy do you think they will have hell shipping the asics given the wait times with the singles?
PsychoticBoy: First let us all wait and see IF they will ship any asics
gribble: Error: 'thestringpuller' is not a valid
http url.
thepulledstring: I mean I know asic's are expensive to produce due to the NRE and the quantity needed to make it worthwhile.
PsychoticBoy: I have lots of preorders with them but heey anything can happen in btcworld
thepulledstring: My cost estimates for an asic based off of fpgaminer was about 500k for a batch
thepulledstring: I worked in a microelectronics fabrication lab at Georgia Tech as an undergrad.
PsychoticBoy: They should have enough to create the asics, I can only hope they will
thepulledstring: Expensive design wise. The acual fabrication is cheap hence the cost of the NRE.
thepulledstring: I was just wondering your situation PsychoticBoy since I want to go into mining full time but dont want to get buttfucked when asics come out.
PsychoticBoy: No one can tell, you have to take the risk A to buy a mining device now or B preorder asics
gribble: Time since last block: 20 minutes and 40 seconds
thepulledstring: Which is doable if you have the right bitstream and people willing to solder for you.
thepulledstring: Elaborate. Sorry for the typos I am using my phone to irc.
thepulledstring: PsychoticBoy, what was you roi time frame for the one single. I had you at 40+ weeks for full roi on the equipment based on our electricity costs over there in the netherlands.
assbot: [MPEX] [S.MPOE] 24526 @ 0.00030963 = 7.594 BTC [+]
assbot: [MPEX] [S.MPOE] 43645 @ 0.00031092 = 13.5701 BTC [+]
assbot: [MPEX] [S.MPOE] 6903 @ 0.00030912 = 2.1339 BTC [-]
assbot: [MPEX] [S.MPOE] 5500 @ 0.00030906 = 1.6998 BTC [-]
assbot: [MPEX] [S.MPOE] 23152 @ 0.00030903 = 7.1547 BTC [-]
assbot: [MPEX] [O.BTCUSD.C110T] 3 @ 0.14522402 = 0.4357 BTC [-]
assbot: [MPEX] [O.BTCUSD.C110T] 1000 @ 0.12583524 = 125.8352 BTC [-]
Chaang-Noi: lets say my odds are 1 in 4 and i miss it my first time
Chaang-Noi: what are the odds that i hit it the second time?
Chaang-Noi: that is the odds i miss it twicer right?
Chaang-Noi: im trying to figure out the odds i miss it the first time but hit it the second time
Chaang-Noi: waht are the odds i miss it the first time but hit it the second time?
Chaang-Noi: and what are the odds i miss it 3 times in a row and then hit its the 4th time
Chaang-Noi: you cant tell me its 1:4 everytime or i will be well over 100% before long...
Chaang-Noi: the odds of me missing the 1 out of 4 if i try 15 times should be 25 to the power of 15
Chaang-Noi: so waht are the odds of my hitting it on the 16th time assuming we dont know if i will hit it on the first 15 times or not and trust me it is not 1:4
Chaang-Noi: the odds of me failing to hit it 15 times in a row is so far less than 1;4
Chaang-Noi: what are the odds i even make it to the 16th roll?
Chaang-Noi: i dont know why i even bother talking with you...
assbot: [MPEX] [S.MPOE] 13100 @ 0.00030903 = 4.0483 BTC [-]
EskimoBob: infomercia: Mos reliable BTC legal advice is given out by "Shystersberg, Schmuckman & Gonif" law firm. Located in NY Diamond District
assbot: [MPEX] [S.MPOE] 16341 @ 0.00030903 = 5.0499 BTC [-]
assbot: [MPEX] [S.MPOE] 16500 @ 0.000309 = 5.0985 BTC [-]
assbot: [MPEX] [S.MPOE] 24059 @ 0.000309 = 7.4342 BTC [-]
assbot: [MPEX] [S.MPOE] 64300 @ 0.00030939 = 19.8938 BTC [+]
assbot: [MPEX] [S.MPOE] 784 @ 0.00031116 = 0.2439 BTC [+]
assbot: [MPEX] [S.MPOE] 216 @ 0.00031263 = 0.0675 BTC [+]
assbot: [MPEX] [S.MPOE] 5300 @ 0.0003126 = 1.6568 BTC [-]
assbot: [MPEX] [S.MPOE] 10200 @ 0.0003126 = 3.1885 BTC [-]
assbot: [MPEX] [S.MPOE] 15400 @ 0.00031027 = 4.7782 BTC [-]
mircea_popescu: but anyway, odds to miss twice in a row are 1/4. odds to hit one miss the other are 1/2
jurov: ~commercial break~
jurov: CoinBr.com will be officially announced on Monday. But registration is laready open, so it' your chance to get your invitation code and start earning commissions!
jurov: need to hire a copywriter
assbot: [MPEX] [S.MPOE] 63100 @ 0.00031106 = 19.6279 BTC [+]
assbot: [MPEX] [S.MPOE] 7300 @ 0.00031163 = 2.2749 BTC [+]
assbot: [MPEX] [S.MPOE] 42800 @ 0.00031027 = 13.2796 BTC [-]
assbot: [MPEX] [O.BTCUSD.C150T] 15 @ 0.05221673 = 0.7833 BTC [-]
JWU42: assuming nothing new from nef ?
assbot: [MPEX] [S.MPOE] 22500 @ 0.00031007 = 6.9766 BTC [-]
assbot: [MPEX] [S.MPOE] 28500 @ 0.00031027 = 8.8427 BTC [+]
assbot: [MPEX] [S.MPOE] 27657 @ 0.00031239 = 8.6398 BTC [+]
assbot: [MPEX] [S.MPOE] 8100 @ 0.00031211 = 2.5281 BTC [-]
assbot: [MPEX] [S.MPOE] 45400 @ 0.00031211 = 14.1698 BTC [-]
assbot: [MPEX] [S.MPOE] 29600 @ 0.00031007 = 9.1781 BTC [-]
assbot: [MPEX] [S.MPOE] 20900 @ 0.00030953 = 6.4692 BTC [-]
assbot: [MPEX] [S.MPOE] 10600 @ 0.0003095 = 3.2807 BTC [-]
smickles: i wish the bot told if it was liquidity taking or not
smickles: mircea_popescu: is there an easy way for you to facilitate that ?
smickles: ya know, waht i said makes no sense
assbot: [MPEX] [S.MPOE] 8800 @ 0.00031039 = 2.7314 BTC [+]
smickles: thepulledstring: well, what i meant to say was that I wanted to know if the order which triggered the tx was a buy or a sell
smickles: what i actually said was tautologes nonsense
smickles: thepulledstring: if you are in tucson, i'll do a bitcoin for cash or a cash for bitcoin
smickles: usd or cad or peso only please
smickles: i can do that too, most likely
smickles: thepulledstring: do you frequent #bitcoin-otc?
smickles: that's where this shit happens
smickles: oh, probably the labor cost is too high
smickles: and moneygram/wu charge high fees anyway
thepulledstring: certified checks to cash are cheap if you know the right people
smickles: thepulledstring: you're going to start a moneygram>btc service biz?
smickles: couoon was confusing the fuck out of my 2 beer down mind
smickles: thepulledstring: if your serious about this, do you have a url yet?
smickles: do you need help with accounting?
smickles: (and i'm actually in process of launching my own accounting company)
thepulledstring: This is a drunk idea. Buut it would be more of an acquiring/merchant service to solve liquidity for expenses
thepulledstring: People seem to need easy access to liquidating coins to pay expenses
smickles: well, it sounds viable to me. but i know, any busines which intends to keep operating long needs a couple of things
smickles: both of which can, in some cases, only be needed at the beginning.
assbot: [MPEX] [S.MPOE] 17281 @ 0.00031239 = 5.3984 BTC [+]
assbot: [MPEX] [S.MPOE] 30662 @ 0.00031239 = 9.5785 BTC [+]
assbot: [MPEX] [S.MPOE] 8038 @ 0.00031263 = 2.5129 BTC [+]
smickles: < smickles> thepulledstring: well, what i meant to say was that I wanted to know if the order which triggered the tx was a buy or a sell
smickles: 01:56 < smickles> what i actually said was tautologes nonsense
smickles: i don't even think i spelled toautologes correctly
smickles: mircea_popescu: only if i'm keeping track of the price of the given asset/option
smickles: it's not all that important ;)
smickles: there is a gap between wanting to know, and wanting to exert the effort to know in 'merica
smickles: and as you know, they call me a 'merican
mircea_popescu: the report assbot puts in is already kinda reminescent of an xmas tree
smickles: rdponticelli wantes ti too tho
smickles: ok, is it that i've had a couple, or that i'm atheist that i don't understand how the bot resembles an xmas tree?
smickles: (funny how the sometimes aceptable mystype "ti" didn't pass my correction dector, but 'wantes' flew right thru.
assbot: [MPEX] [S.MPOE] 5200 @ 0.00031181 = 1.6214 BTC [-]
assbot: [MPEX] [S.MPOE] 60800 @ 0.0003107 = 18.8906 BTC [-]
assbot: [MPEX] [S.BVPS] 69 @ 0.00316891 = 0.2187 BTC [-]
assbot: [MPEX] [S.MPOE] 3700 @ 0.0003107 = 1.1496 BTC [-]
assbot: [MPEX] [S.MPOE] 58000 @ 0.00030981 = 17.969 BTC [-]
jcpham: who summons the almighty smickles from his slumber?
jcpham: unless you want me to be
assbot: [MPEX] [S.MPOE] 19600 @ 0.00030981 = 6.0723 BTC [-]
assbot: [MPEX] [S.MPOE] 55983 @ 0.00030932 = 17.3167 BTC [-]
assbot: [MPEX] [S.MPOE] 5117 @ 0.00030908 = 1.5816 BTC [-]
assbot: [MPEX] [S.MPOE] 44771 @ 0.00030908 = 13.8378 BTC [-]
assbot: [MPEX] [S.MPOE] 9212 @ 0.00030908 = 2.8472 BTC [-]
assbot: [MPEX] [S.MPOE] 39300 @ 0.000309 = 12.1437 BTC [-]
assbot: [MPEX] [S.MPOE] 13841 @ 0.000309 = 4.2769 BTC [-]
assbot: [MPEX] [S.MPOE] 6147 @ 0.00030898 = 1.8993 BTC [-]
mircea_popescu: ;;later tell maximian no, it ended i think in june ? or julu
assbot: [MPEX] [S.MPOE] 28400 @ 0.00030974 = 8.7966 BTC [+]
assbot: [MPEX] [S.MPOE] 20325 @ 0.00030974 = 6.2955 BTC [+]
assbot: [MPEX] [S.MPOE] 56100 @ 0.00030985 = 17.3826 BTC [+]
assbot: [MPEX] [S.MPOE] 275 @ 0.00031036 = 0.0853 BTC [+]
assbot: [MPEX] [B.MPCD.B] 106000 @ 0.0009495 = 100.647 BTC [-]
assbot: [MPEX] [S.MPOE] 56944 @ 0.00031036 = 17.6731 BTC [+]
Chaang-Noi: so i have like 200 recive address in my address book
Chaang-Noi: lets say i send 1000 to an oldish address
Chaang-Noi: it should still show up in the wallet right?
gribble: Time since last block: 13 minutes and 29 seconds
rdponticelli_: Chaang-Noi:Are you sure you send it into your address?
Chaang-Noi: never have sex with two gitrls and try to accept btc...
assbot: [MPEX] [S.MPOE] 54221 @ 0.00031071 = 16.847 BTC [+]
assbot: [MPEX] [S.MPOE] 75650 @ 0.00031077 = 23.5098 BTC [+]
assbot: [MPEX] [S.MPOE] 11000 @ 0.00031094 = 3.4203 BTC [+]
assbot: [MPEX] [S.MPOE] 30296 @ 0.00031095 = 9.4205 BTC [+]
assbot: [MPEX] [S.MPOE] 76100 @ 0.00031131 = 23.6907 BTC [+]
assbot: [MPEX] [S.MPOE] 55200 @ 0.00031254 = 17.2522 BTC [+]
assbot: [MPEX] [S.MPOE] 41081 @ 0.00031257 = 12.8407 BTC [+]
assbot: [MPEX] [S.MPOE] 6452 @ 0.00031263 = 2.0171 BTC [+]
Chaang-Noi: however the client i sent it from is uodating
Chaang-Noi: well immissing 1000 btc from my other wlalet
rdponticelli_: Well, until the client is updated, it can't know what's the balance
Chaang-Noi: its really like a block every 30 seconds
mircea_popescu: rdponticelli i think what it does is, it saves a provisional balance somewhere, and goes on that
mircea_popescu: which explains why he's 1k short. it's not "Real" balance.
gribble: Time since last block: 22 minutes and 52 seconds
Ukto: Chaang-Noi: you can try sending the 1k to my wallet address as a test. ;)
gribble: Time since last block: 29 minutes and 5 seconds
gribble: Time since last block: 30 minutes and 33 seconds
assbot: [MPEX] [O.BTCUSD.C100T] 1000 @ 0.16646956 = 166.4696 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 1000 @ 0.08632677 = 86.3268 BTC [-]
assbot: [MPEX] [S.MPOE] 32752 @ 0.00030908 = 10.123 BTC [-]
assbot: [MPEX] [S.MPOE] 5149 @ 0.00030908 = 1.5915 BTC [-]
assbot: [MPEX] [S.MPOE] 19000 @ 0.00030895 = 5.8701 BTC [-]
assbot: [MPEX] [S.MPOE] 19611 @ 0.00030874 = 6.0547 BTC [-]
assbot: [MPEX] [S.MPOE] 17040 @ 0.00030873 = 5.2608 BTC [-]
assbot: [MPEX] [S.MPOE] 47791 @ 0.00030873 = 14.7545 BTC [-]
assbot: [MPEX] [S.MPOE] 2069 @ 0.00030873 = 0.6388 BTC [-]
assbot: [MPEX] [S.MPOE] 53757 @ 0.00030872 = 16.5959 BTC [-]
assbot: [MPEX] [S.MPOE] 7143 @ 0.00030872 = 2.2052 BTC [-]
assbot: [MPEX] [S.MPOE] 10857 @ 0.00030871 = 3.3517 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 500 @ 0.08385937 = 41.9297 BTC [-]
assbot: [MPEX] [S.MPOE] 1254 @ 0.00030892 = 0.3874 BTC [+]
gribble: Nick 'darsie', with hostmask 'darsie!~username@91-119-99-61.dynamic.xdsl-line.inode.at', is identified as user darsie, with GPG key id F732FBF3E4219D48, key fingerprint E18FBF4D0EE26522E950A06AF732FBF3E4219D48, and bitcoin address 153MZbMVJcyT1Usc1K5BEroe7zGj4rShy1
gribble: Currently authenticated from hostmask darsie!~username@91-119-99-61.dynamic.xdsl-line.inode.at . User darsie, rated since Sun Jul 1 13:42:17 2012. Cumulative rating 13, from 10 total ratings. Received ratings: 9 positive, 1 negative. Sent ratings: 9 positive, 1 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=darsie assbot: [MPEX] [S.MPOE] 36446 @ 0.00030892 = 11.2589 BTC [+]
assbot: [MPEX] [S.MPOE] 69700 @ 0.00031037 = 21.6328 BTC [+]
assbot: [MPEX] [S.MPOE] 4100 @ 0.00031062 = 1.2735 BTC [+]
assbot: [MPEX] [S.MPOE] 2094 @ 0.00031263 = 0.6546 BTC [+]
assbot: [MPEX] [S.MPOE] 73200 @ 0.00031266 = 22.8867 BTC [+]
assbot: [MPEX] [S.MPOE] 66500 @ 0.0003127 = 20.7946 BTC [+]
assbot: [MPEX] [S.MPOE] 18400 @ 0.00031271 = 5.7539 BTC [+]
assbot: [MPEX] [S.MPOE] 65400 @ 0.00031329 = 20.4892 BTC [+]
assbot: [MPEX] [S.MPOE] 23100 @ 0.0003133 = 7.2372 BTC [+]
assbot: [MPEX] [S.MPOE] 18300 @ 0.00031337 = 5.7347 BTC [+]
assbot: [MPEX] [S.MPOE] 73842 @ 0.00031337 = 23.1399 BTC [+]
assbot: [MPEX] [S.MPOE] 31800 @ 0.00031348 = 9.9687 BTC [+]
assbot: [MPEX] [S.MPOE] 3800 @ 0.00031364 = 1.1918 BTC [+]
assbot: [MPEX] [S.MPOE] 23500 @ 0.00031396 = 7.3781 BTC [+]
assbot: [MPEX] [S.MPOE] 61200 @ 0.0003141 = 19.2229 BTC [+]
assbot: [MPEX] [S.MPOE] 66985 @ 0.00031419 = 21.046 BTC [+]
assbot: [MPEX] [S.MPOE] 52958 @ 0.00031433 = 16.6463 BTC [+]
assbot: [MPEX] [S.MPOE] 52580 @ 0.00031438 = 16.5301 BTC [+]
assbot: [MPEX] [S.MPOE] 71466 @ 0.00031451 = 22.4768 BTC [+]
assbot: [MPEX] [S.MPOE] 3629 @ 0.00031458 = 1.1416 BTC [+]
assbot: [MPEX] [S.MPOE] 72800 @ 0.00031476 = 22.9145 BTC [+]
assbot: [MPEX] [S.MPOE] 63000 @ 0.00031526 = 19.8614 BTC [+]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00031534 = 1.7659 BTC [+]
assbot: [MPEX] [S.MPOE] 77900 @ 0.0003155 = 24.5775 BTC [+]
assbot: [MPEX] [S.MPOE] 36900 @ 0.00031551 = 11.6423 BTC [+]
assbot: [MPEX] [S.MPOE] 29000 @ 0.00031555 = 9.151 BTC [+]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00031561 = 0.9153 BTC [+]
assbot: [MPEX] [S.MPOE] 55600 @ 0.00031567 = 17.5513 BTC [+]
assbot: [MPEX] [S.MPOE] 58600 @ 0.00031604 = 18.5199 BTC [+]
assbot: [MPEX] [S.MPOE] 18400 @ 0.0003161 = 5.8162 BTC [+]
assbot: [MPEX] [S.MPOE] 71500 @ 0.00031629 = 22.6147 BTC [+]
assbot: [MPEX] [S.MPOE] 63952 @ 0.00031633 = 20.2299 BTC [+]
assbot: [MPEX] [S.MPOE] 6700 @ 0.00031636 = 2.1196 BTC [+]
assbot: [MPEX] [S.MPOE] 35700 @ 0.00031641 = 11.2958 BTC [+]
assbot: [MPEX] [S.MPOE] 72500 @ 0.00031644 = 22.9419 BTC [+]
assbot: [MPEX] [S.MPOE] 16070 @ 0.0003165 = 5.0862 BTC [+]
assbot: [MPEX] [S.MPOE] 12200 @ 0.00031665 = 3.8631 BTC [+]
assbot: [MPEX] [S.MPOE] 15100 @ 0.00031675 = 4.7829 BTC [+]
assbot: [MPEX] [S.MPOE] 70677 @ 0.00031676 = 22.3876 BTC [+]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00031681 = 3.4532 BTC [+]
assbot: [MPEX] [S.MPOE] 30700 @ 0.00031681 = 9.7261 BTC [+]
assbot: [MPEX] [S.MPOE] 17600 @ 0.00031695 = 5.5783 BTC [+]
assbot: [MPEX] [S.MPOE] 78600 @ 0.00031714 = 24.9272 BTC [+]
assbot: [MPEX] [S.MPOE] 30300 @ 0.00031717 = 9.6103 BTC [+]
assbot: [MPEX] [S.MPOE] 2805 @ 0.00031719 = 0.8897 BTC [+]
assbot: [MPEX] [S.MPOE] 10200 @ 0.00031734 = 3.2369 BTC [+]
assbot: [MPEX] [S.MPOE] 74000 @ 0.00031737 = 23.4854 BTC [+]
assbot: [MPEX] [S.MPOE] 69700 @ 0.00031744 = 22.1256 BTC [+]
assbot: [MPEX] [S.MPOE] 62046 @ 0.00031749 = 19.699 BTC [+]
assbot: [MPEX] [S.MPOE] 64000 @ 0.00031751 = 20.3206 BTC [+]
assbot: [MPEX] [S.MPOE] 2881 @ 0.0003178 = 0.9156 BTC [+]
assbot: [MPEX] [S.MPOE] 27500 @ 0.00031805 = 8.7464 BTC [+]
assbot: [MPEX] [S.MPOE] 64700 @ 0.00031837 = 20.5985 BTC [+]
assbot: [MPEX] [S.MPOE] 67600 @ 0.00031918 = 21.5766 BTC [+]
assbot: [MPEX] [S.MPOE] 13300 @ 0.00031941 = 4.2482 BTC [+]
assbot: [MPEX] [S.MPOE] 11671 @ 0.0003195 = 3.7289 BTC [+]
assbot: [MPEX] [S.MPOE] 6349 @ 0.00031985 = 2.0307 BTC [+]
assbot: [MPEX] [S.MPOE] 46307 @ 0.00032078 = 14.8544 BTC [+]
assbot: [MPEX] [S.MPOE] 27441 @ 0.00032706 = 8.9749 BTC [+]
assbot: [MPEX] [S.MPOE] 34957 @ 0.0003389 = 11.8469 BTC [+]
assbot: [MPEX] [S.MPOE] 36161 @ 0.0003422 = 12.3743 BTC [+]
assbot: [MPEX] [S.MPOE] 16400 @ 0.00034455 = 5.6506 BTC [+]
assbot: [MPEX] [S.MPOE] 64182 @ 0.00034999 = 22.4631 BTC [+]
assbot: [MPEX] [S.MPOE] 134303 @ 0.00035 = 47.0061 BTC [+]
assbot: [MPEX] [S.MPOE] 39194 @ 0.00037582 = 14.7299 BTC [+]
assbot: [MPEX] [S.MPOE] 31300 @ 0.00037622 = 11.7757 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00037682 = 3.7682 BTC [+]
assbot: [MPEX] [S.MPOE] 24860 @ 0.0003785 = 9.4095 BTC [+]
assbot: [MPEX] [S.MPOE] 28652 @ 0.00037878 = 10.8528 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.0003791 = 3.791 BTC [+]
assbot: [MPEX] [S.MPOE] 1167867 @ 0.00038 = 443.7895 BTC [+]
assbot: [MPEX] [S.MPOE] 32468 @ 0.0003815 = 12.3865 BTC [+]
mircea_popescu: maybe nao we can put the entire glbse nuttery behind us and carry on.
assbot: [MPEX] [S.MPOE] 21623 @ 0.00038231 = 8.2667 BTC [+]
assbot: [MPEX] [S.MPOE] 38377 @ 0.00038417 = 14.7433 BTC [+]
assbot: [MPEX] [S.MPOE] 720 @ 0.00038417 = 0.2766 BTC [+]
gribble: You rated user smickles on Sat Aug 25 08:39:34 2012, giving him a rating of 4, and supplied these additional notes: He's been running MPOE.ETF and releasing THE monthly reports, a model for all Bitcoin financial reporting. Also handled k's of BTC as broker for various clients..
mircea_popescu: and also why do you call me mirceau and why do you type out the name ? type mi press tab or so
copumpkin: just be glad that mircea_popescu doesn't have any weird diacritics
copumpkin: that S thing is more like an english sh, right?
mircea_popescu: dubious hicks got into an argument, beat each other up.
mircea_popescu: her romanian shocking to romanians cause it is marginally intelligible but sounds like how a sparrow or some other bird'd be speaking it.
Azelphur: smickles: did you get anything yet?
Azelphur: yea GLBSE just paid out my balance
assbot: [MPEX] [S.MPOE] 36800 @ 0.00039093 = 14.3862 BTC [+]
BTC-Mining: Well, been a real mess, but at least it seems Nefario is honest even if he wussed out because of legal concerns.
kakobrekla: the number seems to round to be my balance
kakobrekla: id say its more or less, not my balance
BTC-Mining: Eh, what if he's too lazy to type/copy the whole thing and pays out manually and just rounds up to the next bitcent or something
BTC-Mining: Copy pasting is way too much work you know.
mircea_popescu: BTC-Mining did you receive the more or less correct sum ?
BTC-Mining: I'll report when I get paid mine, I rounded it down to the bitcent
BTC-Mining: I think they just got paid out. Mine might arrive soon.
assbot: [MPEX] [S.MPOE] 63600 @ 0.00039179 = 24.9178 BTC [+]
assbot: [MPEX] [S.MPOE] 250 @ 0.0004 = 0.1 BTC [+]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00041234 = 6.1851 BTC [+]
assbot: [MPEX] [S.MPOE] 2921150 @ 0.00042 = 1226.883 BTC [+]
Azelphur: I don't even know what my balance was in GLBSE, I got sent 10.1, it sounds about right
Azelphur: hopefully this means smickles has SS data and that can clean up now
Azelphur: then I won't be poor any more, yay \o/
assbot: [MPEX] [S.MPOE] 37500 @ 0.00041222 = 15.4583 BTC [-]
rdponticelli: Yeah, I received the spare change I had in glbse
rdponticelli: Now, it's still missing the important, the asset information
assbot: [MPEX] [S.MPOE] 900 @ 0.00041698 = 0.3753 BTC [+]
assbot: [MPEX] [S.MPOE] 56900 @ 0.00041701 = 23.7279 BTC [+]
assbot: [MPEX] [S.MPOE] 100 @ 0.00042 = 0.042 BTC [+]
jurov: your funds are welcome on coinbr, you know
jurov: gsdpt will be interesting, too. i hope deadterra will not sell it all and peruse my offer instead.
BTC-Mining: jurov, nah, I'll just use MPEx directly
maximian: wow, what's going on with S.MPOE?
jurov: maximian, apparently because glbse paid back
BTC-Mining: That requires 5490 BTC to place in escrow for it...
BTC-Mining: And gives you 1.43% of Mpex earnings (14 million / 1000 million shares)
PsychoticBoy: I am off to bed and HOPEFULLY tomorrow Ill get paid but not today :(
assbot: [MPEX] [S.MPOE] 5000 @ 0.00041222 = 2.0611 BTC [-]
assbot: [MPEX] [S.MPOE] 2573 @ 0.00041195 = 1.0599 BTC [-]
BTC-Mining: It's now 3 AM in the UK, guess Nefario would be sleeping by now
BTC-Mining: Hopefully payments will resume tomorrow
assbot: [MPEX] [S.MPOE] 6200 @ 0.00041008 = 2.5425 BTC [-]
BTC-Mining: Although sundials wouldn't work if we did that...
BTC-Mining: THINK OF THE POOR SUNDIALS IN MONUMENTS!
BTC-Mining: It would clear the confusion for those with a day/night period fitting UTC (Like 0-6 AM, probably sleeping)
BTC-Mining: But we'd still get confused about people in other timezone since we'd still have to calculate what their day/night hours are.
rdponticelli: But yes, I understand we can't change something no to obsolete some technology which is already obsolete...
rdponticelli: I don't know about the last point, I don't care if midnight is 12 or 24
BTC-Mining: We add +/- timezones and their schedule fits our hours.
rdponticelli: No, it's not easier when you got a mess everytime you're trying to figure what time is in some other place...
BTC-Mining: But the whole point when checking the time in another time zone is to determine what point of the day they are in.
BTC-Mining: If everyone has the same time, you have to figure what their day/night hours are instead.
rdponticelli: I receive some mail, or read some post on some forum...
BTC-Mining: They're usually set for your timezone...
BTC-Mining: Eh, what do you need timezone for GLBSE for?
rdponticelli: I'm just say that it would be easy if it was the same hour for everybody at the same time
rdponticelli: There's a reason why the systems now are configured in UTC
rdponticelli: Back in the times, they used to be in local time, and it became a mess as soon as they had to share information
novusordo: just popping in for a second, but is my assumption that there has been no new info from GLBSE correct?
mircea_popescu: BTC-Mining is this turning into a pirate, 23/690 accts paid sorta ordeal ?
mircea_popescu: novusordo some people came in and said they were paid. it seemed like it's all paid but now there's also people who haven't, and the ones paid are in the <10btc range
mircea_popescu: rdponticelli you'll have to get all the old folks who don't even grok the internet accept that the sun sets at 7am ?
BTC-Mining: hey mircea, some questions I have here
BTC-Mining: If I want to buy/sell options on the market
BTC-Mining: I get it I have to create them with MKOPT and it always take 1 BTC in collateral
assbot: [MPEX] [S.MPOE] 3600 @ 0.00041008 = 1.4763 BTC [-]
assbot: [MPEX] [S.MPOE] 8100 @ 0.00040888 = 3.3119 BTC [-]
BTC-Mining: Suppose I sell it for a fraction of it's value on the market. What happens with the escrowed BTC?
BTC-Mining: aye, so it's returned at the end of the month, or part of it.
mircea_popescu: there's for instance a guy keeps making huge bulks of c10t s
jcpham: oh come on mircea_popescu
mircea_popescu: and at the end of the month he gets something, 0.0x or more possibly if the price goes down
jcpham: tell everyone how you dip into funds
jcpham: ok i made that up. i admit it
BTC-Mining: oh... so by making a split, I get twice the BTC put up front in escrow with no fees.
BTC-Mining: But if I don't sell like I want, if price goes up/down, no loss
mircea_popescu: you put up 20.4 btc get 20 call contracts, of your choosing
mircea_popescu: you put up 20 btc you get 10 call contracts and x put contracts of your chosing
BTC-Mining: So if you make a split, price moves and you don't sell any contract like you wanted, at the end of the month, it results in a 0 BTC loss or gain.
BTC-Mining: Seems good, you put more BTC in escrow
mircea_popescu: and if you sell the out of the money side and it stays out of the money you make that sale profit
BTC-Mining: But if you only want to sell one way, the 2% fee saved can go a long way
mircea_popescu: well, yes, it practically boils down to, a little overescrow.
mircea_popescu: mpex doing it's part to promote financial responsibility.
mircea_popescu: but anyway, consider the case you have 10k btc and want to ensure that they don't go under 100k usd.
mircea_popescu: you make 5k atm calls/puts, you sell the calls, keep the puts. if price goes down in fact you make a decent profit
mircea_popescu: obviously if it goes up you can make a loss. but you can adjust the % you sell to suit your expectations
mircea_popescu: i'm kinda proud of the fact that mpex allows not only option buying, but also option writing, without any unbound risk.
assbot: [MPEX] [S.MPOE] 21200 @ 0.00040933 = 8.6778 BTC [+]
BTC-Mining: so, if someone exercies an option at a profit... collateral is lost eh.
BTC-Mining: So, suppose I create a call (1 BTC escrow) struck at 20. Price is 12 USD/BTC and stays 12 USD/BTC
BTC-Mining: Technically the call has a negative value of -0.6666666
BTC-Mining: hmm... right. Because you only lose from escrow what the other party exercises.
BTC-Mining: So if it's negative, the exercising party gains zero and the BTC is returned instead.
mircea_popescu: that's why they are called options. they convey the right but not the obligation.
BTC-Mining: Slightly confusing at first but very interesting. I should try and start playing with those.
BTC-Mining: Last question. We need to put strike/spot BTC for a put option.
BTC-Mining: So a struck at 20 would require if price was 12, 1.66 BTC
assbot: [MPEX] [S.MPOE] 20466 @ 0.00040933 = 8.3773 BTC [+]
mircea_popescu: split works automatically, you declare the capital and the option
mircea_popescu: it rounds issuance down, so you could end up with 0 puts if the strike is high
BTC-Mining: Aye, but making a put contract with strike of 20 when BTC is worth 12, would require 1.66666... BTC?
BTC-Mining: Wouldn't the exercising value for the put @ 20 strike be 19 BTC?
mircea_popescu: you'd just not get anything out of your colateral in practice.
mircea_popescu: well, it'd work cause at the time you posted the collateral it was in fact worth enough to cover in dollahs.
BTC-Mining: but... it would have to be converted to dollars to work.
BTC-Mining: Which means even if the contract is not exercised, there could be a loss in BTC if the price increase instead for the contract maker.
mircea_popescu: but for simplicity's sake all those things happen behind the scenes.
BTC-Mining: ok, but let's say BTC price is 12 USD and I make a split at strike 12 for 100 contracts. I put 200 in collateral. Now let's say price goes to 20.
BTC-Mining: I sell both 100 put and 100 call contracts.
BTC-Mining: I lose 0.4 BTC per call struck at 12 exercised for 40 BTC loss. Other guy doesn't redeem his option because it's negative.
BTC-Mining: But the 100 BTC for the PUT should have been converted to USD.
mircea_popescu: <mircea_popescu> but for simplicity's sake all those things happen behind the scenes.
BTC-Mining: So should be worth 1200 / 20 = 60 BTC, or another 0.4 BTC loss.
mircea_popescu: you'd lose nothing on the calls and .2 on the puts, coming out to 180 btc.
assbot: [MPEX] [S.MPOE] 29800 @ 0.00040952 = 12.2037 BTC [+]
BTC-Mining: Aye... but now let's assume the opposite in the extreme. Price goes down to 0.01 USD... The calls are worth nothing so are not exercised. So you get back 100 BTC. However... Puts are worth 1199 BTC and are exercised, so you need 119900 BTC to pay out with 100 BTC only in collateral.
mircea_popescu: i need 119900 new btc. as far as you're concerned, you get 100 btc back
BTC-Mining: Sounds messed up. Basically the exchange has absorbs the losses from unexercised contracts which goes over the collateral.
BTC-Mining: Shouldn't calls require BTC collateral (like they do) and put require USD collateral?
BTC-Mining: It seems tho that logically, that's how they should be. Because unexercised contracts returns the escrow and a PUT technically is going long with USD, so if that contract makes a profit, it makes it on USD valuating, so escrow should be in USD
mircea_popescu: except mpex works in bitcoin. why should i bother the customer with filthy fiat ?
mircea_popescu: "Even if they had every regulation in place, it still has other flaws, like being deflationary and non-reversible. The only time bitcoins will be "stable" is when the number of users drops very low"
mircea_popescu: god i love the opinions of the incompetent on matters they don't understand
mircea_popescu: sex has also flaws. it is pleasurable and makes time zip by!
BTC-Mining: Yeah, but it basically means every time bitcoins value go down by a lot, MPEx has to pay for it because the escrow is not USD
assbot: [MPEX] [S.MPOE] 438 @ 0.00040952 = 0.1794 BTC [+]
BTC-Mining: So basically, I could just make splits safely and indefinitly and any time BTC price would crash, I'd profit.
BTC-Mining: Because I can't lose more than escrow but can gain more than escrow
BTC-Mining: Since there's no fee for splits and assuming I have 2 account
mircea_popescu: so, you split a bitcoin, get some calls and some puts. nwo what ?
BTC-Mining: Let me make 1 million such contract then crash the market price
mircea_popescu: you crash the price with your other million. since we now have superpowers, i buy your other million.
BTC-Mining: I know, I don't have the funds. Just daydreaming
mircea_popescu: but i mean, if you're daydreaming it'd be cheaper to buy a buncha calls and push the price up lol
mircea_popescu: i mean... it's the nature of options, they lend themselves to daydreaming.
BTC-Mining: I'll strike them at 20 for 1.66 million, crash price to 4 BTC with a few 100Ks, redeem 1 million x 4 BTC. I get 4 million BTC, lose 1.66 collateral and a few 100Ks
gribble: There are currently 209213.01 bitcoins demanded at or over 4.0 USD, worth 1651453.94475 USD in total.
mircea_popescu: say 333k btc sold at ~5 or so on avg to crash it all to 4.
BTC-Mining: +209k I have to sell at a loss, let's round it up to 1.9 mn
mircea_popescu: now, of your original 2mn btc you have 1,666mn usd and 1.666 mn btc
mircea_popescu: so you cash 4.15mn btc on the options, lose the escrow. you now have 4.15mn btc worth 4 each and 1.66mn usd
mircea_popescu: considering you started with 2mn btc worth ~24mn usd each and now have ~1.66mn usd and another 1.66mn in btc
mircea_popescu: this all notwithstanding that i wouldn't allow the insanity in the first place, just for the sake of argument.
BTC-Mining: No, because there was no USD in escrow and you have to buy those to pay me. I'd like to see that not switching the price back far over it's original value.
mircea_popescu: well yes my dear BTC-Mining, in this game where you're the only one that has any btc and any usd you can ofcourse do whatever you like lol
BTC-Mining: But even so, you paid a lot for them and have to give them to the market manipulator along with his own escrow + extra.
BTC-Mining: I only sold 333k + gave 1.66mn in esscrow and you have to give 4 mn
BTC-Mining: But even on a low scale with 1 or 2 contract made by split.
BTC-Mining: price movement loss/win evens out the execution of said contracts
BTC-Mining: Until there's a large drop, at which point 1st account lose escrow and 2nd account makes a profit.
mircea_popescu: well what can i say, i'm guessing you should try this ?
BTC-Mining: Well that's assuming bitcoins wouldn't keep up the deflationary curve...
mircea_popescu: keep btc locked up in the hopes that maybe price collapses and you get a lot more of the collapsed currency
mircea_popescu: but anyway, a conversation we should continue at a later time, i gtg now.
BTC-Mining: But if you have nothing to do with your bitcoins, seems like something I'd suggest.
BTC-Mining: No, I'd recommend investing the coins if possible.
BTC-Mining: Otherwise, you can keep them valuating safely
BTC-Mining: while still retaining a BTC gain for free should market collapse.
assbot: [MPEX] [S.MPOE] 8334 @ 0.00040933 = 3.4114 BTC [-]
assbot: [MPEX] [S.MPOE] 17827 @ 0.00040908 = 7.2927 BTC [-]
assbot: [MPEX] [S.MPOE] 20900 @ 0.00040908 = 8.5498 BTC [-]
BTC-Mining: Damn... of course I didn't get my BTC yet...
BTC-Mining: Seems my firewall decided to block it...
BTC-Mining: Going to eat something and will report back afterward if I got paid already
assbot: [MPEX] [S.MPOE] 26862 @ 0.00040952 = 11.0005 BTC [+]
assbot: [MPEX] [S.MPOE] 22538 @ 0.00040967 = 9.2331 BTC [+]
assbot: [MPEX] [S.MPOE] 6173 @ 0.00040908 = 2.5253 BTC [-]
assbot: [MPEX] [S.MPOE] 11416 @ 0.00040888 = 4.6678 BTC [-]
assbot: [MPEX] [S.MPOE] 811 @ 0.00040806 = 0.3309 BTC [-]
BTC-Mining: Well, I'm glad to report GLBSE paid me out too
asa1024: what about the stock holdings?
rg: after everyone villified nefario
BTC-Mining: But at least we now know it's not like pirate only paying out small accounts
rg: saying he was going to rip them off
rg: hes come through and paid out
asa1024: uh sure - what about the stock holdings?
rg: uh its a huge task to pay out thousands of btc
rg: perhaps he want sto make it gets done properly
rg: or perhaps you can let him know its ok if he sends your BTC to someone else
BTC-Mining: Which totals to what my 3 subaccounts should have had
rg: im wondering how div payments are gonna work
BTC-Mining: Which might or might not be unnaccounted for dividends
rg: i have brendio doing a passthru asset
rg: technically i just pay divs to him and he dulls them out
rg: no offense to brendio but
rg: how do we keep him honest
rg: i just want to make sure when i pay out 60 btc in divs
rg: they actually get where theyre meant to go
BTC-Mining: Eh... I expect a lot of people going around saying they haven't been paid and had 2 billion shares of this and that.
rg: im worried then when i pay my share holders
rg: they dont get the payout
assbot: [MPEX] [S.MPOE] 21100 @ 0.00040967 = 8.644 BTC [+]
rg: most of them have given me a lot of money
rg: its a lot of money to me
rg: and id like to make sure they get their cut
rg: in reality our total taken in from the asset is probably $4k
rg: but that's a lot of money to me
thestringpuller: but there could be a scenario where some shareholders can't prove they own shares
rg: if people wanna give back their shares
BTC-Mining: Well I'm sure not 100% will claim their account
thestringpuller: it's an inevitability of an assets exchange shutting down improperly
rg: it would be dumb for them not to
thestringpuller: if all the users had gpg key fingerprints, it would be a no brainer
BTC-Mining: and damn, I'll need to put a keylock on my bedroom's door
rg: my door has a lock but its a joke
rg: its the one you can stick an allen wrench into
BTC-Mining: Because I don't like drunken people crashing in my bed.
BTC-Mining: rg: my door lock isn't a lock, it's one of those things you can turn with your nail. Not really a lock, looks like a screw from outside.
BTC-Mining: Because I actually use heating in my room, and apparently it's comfortable. Apparently it's also just fun to come in to talk gibberish then fall asleept...
BTC-Mining: Yeah, well it's my father. I decided to go share the appartment block with him and my cousin.
BTC-Mining: Inherited by my father and uncles/aunts from the grandparents.
BTC-Mining: Was pretty much a familial home long ago but was mostly empty nowadays.
BTC-Mining: Well, it's cheaper but I'll still pay a rent soon.
BTC-Mining: The 2nd floor needs to be renovated, once that's done, there will be a rent.
BTC-Mining: Might even find extra roommates to fill the place.
BTC-Mining: We take 3 bedrooms, there'll be 3 left.
rg: btc-mining: you could put miners in the free space
BTC-Mining: I think I'll go rack mounted and place miners in a datacenter however.
BTC-Mining: Eh, anyone knows why addresses on a wallet cannot be deleted?
BTC-Mining: I know some addresses might be needed multiple times if someone tries to repay to the same address but... why would clients block that possibility?
assbot: [MPEX] [S.MPOE] 5165 @ 0.00040806 = 2.1076 BTC [-]
BTC-Mining: My OCD is going haywire from not being able to delete things I don't want to use anymore =/
thestringpuller: As Ed Wuncler once said, "[bfl] is trying to buttfuck me on the time/price"
thestringpuller: lol cryptoxchange is so illiquid right now 15% spread on 10 BTCs
assbot: [MPEX] [S.MPOE] 11119 @ 0.00040967 = 4.5551 BTC [+]
assbot: [MPEX] [S.MPOE] 18065 @ 0.00041036 = 7.4132 BTC [+]
assbot: [MPEX] [S.MPOE] 28284 @ 0.00041041 = 11.608 BTC [+]
Diablo-D3: mircea_popescu: idiocracy is the word you're looking for
assbot: [MPEX] [O.BTCUSD.P010T] 30 @ 0.03 = 0.9 BTC [+]
assbot: [MPEX] [O.BTCUSD.C040T] 1 @ 0.72150649 BTC [+]
BTC-Mining: I kind of have a hard time with the split function tho
mircea_popescu: so i'm noticing a pattern here. first bitcoin convention, organised by buttwrangler, before mybitcoin disaster
BTC-Mining: Well I tried to split 1 and I got 1 put, 0 call
BTC-Mining: Then I tried to split 2 and got 1 call, 2 put =/
BTC-Mining: hmm... what happens if I split... then exercise the hald I don't want?
BTC-Mining: Wouldn't it end up like getting a mkopt without the 2% fees?
BTC-Mining: aye, but the exercise value is either null (refund of escrow) or gives value + (escrow - value)
BTC-Mining: Or do we still have to wait the end of the month to get the escrow?
BTC-Mining: So no advantage to do anything split then exercise to avoid fees since we don't get it back
assbot: [MPEX] [S.MPOE] 37900 @ 0.00040806 = 15.4655 BTC [-]
BTC-Mining: hmm, so MKTOP will always cost 0.02 BTC per call and 2% of (PUT STRIKE / CURRENT MARKET)
BTC-Mining: Where is the current market price fetched?
BTC-Mining: Well, not sure how frequently they change it
gribble: Error: "bc" is not a valid command.
gribble: Error: "bc,total" is not a valid command.
gribble: Alias bc,24hprc, Alias bc,avgprc, Alias bc,bitpenny, Alias bc,blockdiff, Alias bc,blocks, Alias bc,bounty, Alias bc,btcguild, Alias bc,calc, Alias bc,calcd, Alias bc,convert, Alias bc,deepbit, Alias bc,diff, Alias bc,diffchange, Alias bc,eligius, Alias bc,estimate, Alias bc,fx, Alias bc,gen, Alias bc,gend, Alias bc,halfreward, Alias bc,help, Alias bc,hextarget, Alias bc,intersango, Alias (2 more messages)
assbot: [MPEX] [S.MPOE] 3382 @ 0.00040983 = 1.386 BTC [+]
BTC-Mining: My options spreadhseet now autofetch the data from bitcoinchart
BTC-Mining: I'm now well tooled to quickly check margin vs fee for MKOPT compared to current bids
assbot: [MPEX] [S.MPOE] 10516 @ 0.00041041 = 4.3159 BTC [+]
assbot: [MPEX] [S.MPOE] 18401 @ 0.00041054 = 7.5543 BTC [+]
assbot: [MPEX] [S.MPOE] 25400 @ 0.000411 = 10.4394 BTC [+]
assbot: [MPEX] [S.MPOE] 46124 @ 0.00041198 = 19.0022 BTC [+]
assbot: [MPEX] [S.MPOE] 21500 @ 0.00041222 = 8.8627 BTC [+]
assbot: [MPEX] [S.MPOE] 45399 @ 0.00041238 = 18.7216 BTC [+]
assbot: [MPEX] [S.MPOE] 49900 @ 0.00041265 = 20.5912 BTC [+]
assbot: [MPEX] [S.MPOE] 53001 @ 0.00041351 = 21.9164 BTC [+]
assbot: [MPEX] [S.MPOE] 12917 @ 0.00041479 = 5.3578 BTC [+]
assbot: [MPEX] [S.MPOE] 27200 @ 0.00041609 = 11.3176 BTC [+]
assbot: [MPEX] [S.MPOE] 30600 @ 0.0004177 = 12.7816 BTC [+]
assbot: [MPEX] [S.MPOE] 25000 @ 0.00041876 = 10.469 BTC [+]
assbot: [MPEX] [S.MPOE] 434042 @ 0.00042 = 182.2976 BTC [+]
BTC-Mining: Someone saw massive profit from 2% fees? Let me start trading first!
assbot: [MPEX] [O.BTCUSD.P010T] 25 @ 0.0213913 = 0.5348 BTC [-]
assbot: [MPEX] [S.MPOE] 9900 @ 0.00041239 = 4.0827 BTC [-]
assbot: [MPEX] [S.MPOE] 27818 @ 0.00041474 = 11.5372 BTC [+]
assbot: [MPEX] [S.MPOE] 12982 @ 0.00041474 = 5.3842 BTC [+]
assbot: [MPEX] [S.MPOE] 107018 @ 0.00042 = 44.9476 BTC [+]
assbot: [MPEX] [O.BTCUSD.P020T] 13 @ 0.02723297 = 0.354 BTC [+]
assbot: [MPEX] [O.BTCUSD.P020T] 8 @ 0.02582572 = 0.2066 BTC [-]
assbot: [MPEX] [O.BTCUSD.P020T] 39 @ 0.02274183 = 0.8869 BTC [-]
assbot: [MPEX] [O.BTCUSD.P020T] 47 @ 0.01999854 = 0.9399 BTC [-]
assbot: [MPEX] [O.BTCUSD.P020T] 30 @ 0.01744936 = 0.5235 BTC [-]
assbot: [MPEX] [S.MPOE] 1045 @ 0.00040596 = 0.4242 BTC [-]
assbot: [MPEX] [S.MPOE] 3000 @ 0.00040588 = 1.2176 BTC [-]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00040573 = 4.0573 BTC [-]
assbot: [MPEX] [S.MPOE] 19200 @ 0.00040566 = 7.7887 BTC [-]
assbot: [MPEX] [S.MPOE] 855 @ 0.00040515 = 0.3464 BTC [-]
assbot: [MPEX] [S.MPOE] 13800 @ 0.00040657 = 5.6107 BTC [+]
assbot: [MPEX] [S.MPOE] 53300 @ 0.00040669 = 21.6766 BTC [+]
assbot: [MPEX] [S.MPOE] 40020 @ 0.00040732 = 16.3009 BTC [+]
assbot: [MPEX] [S.MPOE] 4000 @ 0.00040901 = 1.636 BTC [+]
assbot: [MPEX] [S.MPOE] 11803 @ 0.00041087 = 4.8495 BTC [+]
assbot: [MPEX] [S.MPOE] 12859 @ 0.00041138 = 5.2899 BTC [+]
assbot: [MPEX] [S.MPOE] 29592 @ 0.0004121 = 12.1949 BTC [+]
assbot: [MPEX] [S.MPOE] 19900 @ 0.00041241 = 8.207 BTC [+]
assbot: [MPEX] [S.MPOE] 3648 @ 0.0004144 = 1.5117 BTC [+]
assbot: [MPEX] [S.MPOE] 3295 @ 0.00041463 = 1.3662 BTC [+]
assbot: [MPEX] [S.MPOE] 51100 @ 0.00041695 = 21.3061 BTC [+]
assbot: [MPEX] [S.MPOE] 7143 @ 0.00041789 = 2.985 BTC [+]
assbot: [MPEX] [S.MPOE] 4097 @ 0.00041864 = 1.7152 BTC [+]
assbot: [MPEX] [S.MPOE] 9500 @ 0.00041903 = 3.9808 BTC [+]
assbot: [MPEX] [S.MPOE] 1735943 @ 0.00042 = 729.0961 BTC [+]
assbot: [MPEX] [S.DICE] 180 @ 0.0032 = 0.576 BTC [-]
smickles: Azelphur: did i receive anything from glbse yet? Yes, the btc which was in the mpoe.etf account. Nothing more.
smickles: mircea_popescu: not the ojher (ss) and not my brokerage account yet
assbot: [MPEX] [O.BTCUSD.C130T] 3 @ 0.08225983 = 0.2468 BTC [-]
smickles: this may indicate that there is a minimum balance to have inorder to be paid
smickles: the SS account only had a couple hundred satoshi
mircea_popescu: so basically, all accts were paid their btc balance is the correct statement
smickles: if we consider two of my accounts to be 'below the round' i suppose we can say all my accounts were paid their btc
smickles: mircea_popescu: this would indicate that over 3/4 of mpoe.etf shareholders got out before the fall
mircea_popescu: very sloppy way to close things, ignoring some accts for being below the round, obviously
smickles: in 'principal', it's wrong to round off some accounts like that
smickles: heh, i thoung you might like that one ;)
gribble: Best bid: 11.95, Best ask: 11.9625, Bid-ask spread: 0.01250, Last trade: 11.9625, 24 hour volume: 12355, 24 hour low: 11.8502, 24 hour high: 12
Diablo-D3: and my box failed to unhibernate correctly
smickles: I seem to have received some btc
smickles: and had a couple of account counted to be worth too little to pay back
PsychoticBoy: I recieved Only the btc in my private account (7.4 btc)
PsychoticBoy: ABM and FDBF is still pending, just like all the assets/shares I own
assbot: [MPEX] [S.MPOE] 38900 @ 0.00040515 = 15.7603 BTC [-]
mircea_popescu: PsychoticBoy hm, smickles got the btc from the mpoe acct.
Diablo-D3: smickles: I guess the bfl bet is dead now
Azelphur: just received this email "Your GLBSE account has been processed for bitcoin. The next step will be to send you information about your assets, and to provide this information to issuers (if you agreed) allowing you to continue your relationship with your issuers."
assbot: [MPEX] [S.MPOE] 1945 @ 0.00040515 = 0.788 BTC [-]
assbot: [MPEX] [S.MPOE] 37455 @ 0.00040466 = 15.1565 BTC [-]
assbot: [MPEX] [S.MPOE] 16145 @ 0.00040466 = 6.5332 BTC [-]
assbot: [MPEX] [S.MPOE] 18710 @ 0.0004045 = 7.5682 BTC [-]
assbot: [MPEX] [S.MPOE] 27590 @ 0.0004045 = 11.1602 BTC [-]
assbot: [MPEX] [S.MPOE] 7610 @ 0.00040447 = 3.078 BTC [-]
EskimoBob: Diablo-D3: what are your plans if you get the GLBSE shareholders list? Or let me ask this. have issuers agreed on some grand plan of moving to same "place" or something like that?
EskimoBob: I had like multiple stuff in my "portfolio" and if everyone walk in different direction, this is going to be a real PITA
Diablo-D3: EskimoBob: dmc is shutting down still
Diablo-D3: EskimoBob: anyhow, yeah, it may end up that DMC shares are worth nothing
assbot: [MPEX] [S.MPOE] 9673 @ 0.00040447 = 3.9124 BTC [-]
assbot: [MPEX] [S.MPOE] 30983 @ 0.00040444 = 12.5308 BTC [-]
smickles: glbse pays and mpex rises, eh?
EskimoBob: yes, this sucks indeed unless you list them somewhere else.
EskimoBob: asstes-otc is actually a interesting concept
Diablo-D3: EskimoBob: well, Im going to see if glbse gives me a list of all dmc holders
Diablo-D3: Ill see if I can just buy out all the smallest holders first
EskimoBob: I think I had some shares left too :)
smickles: ok, i'm fairly confident that only one of the glbse accounts which I controlled was 'processed'
smickles: i say this because i only received an email for the one, and not the otheres
Diablo-D3: smickles: did you get a bunch of tx spam though?
jurov: interesting, nobody added mpex to stumbleupon yet
assbot: [MPEX] [S.MPOE] 8800 @ 0.00040444 = 3.5591 BTC [-]
smickles: Diablo-D3: tx spam? I don't get much spam other that penis pills and the like
assbot: [MPEX] [O.BTCUSD.C170T] 6 @ 0.01749603 = 0.105 BTC [-]
assbot: [MPEX] [S.MPOE] 8317 @ 0.00040444 = 3.3637 BTC [-]
assbot: [MPEX] [S.MPOE] 42000 @ 0.00040438 = 16.984 BTC [-]
assbot: [MPEX] [S.MPOE] 7683 @ 0.00040434 = 3.1065 BTC [-]
pigeons: bfl is also doing an asic raffle
pigeons: the winners get them before other asics come out, and 2nd place gets a product close to advertised specs at all ever
assbot: [MPEX] [S.MPOE] 1000 @ 0.00040434 = 0.4043 BTC [-]
Ukto: Diablo-D3: did nefario give out asset lists ?
Ukto: man, what a tryhard
assbot: [MPEX] [S.MPOE] 1217 @ 0.00040434 = 0.4921 BTC [-]
assbot: [MPEX] [S.MPOE] 20257 @ 0.00040404 = 8.1846 BTC [-]
thestringpuller: But then again he can never do business in the BTC community again so it's kinda fair
Ukto: i think a few ppl prolly will
assbot: [MPEX] [S.MPOE] 8043 @ 0.00040404 = 3.2497 BTC [-]
assbot: [MPEX] [S.MPOE] 34357 @ 0.00040399 = 13.8799 BTC [-]
BTC-Mining: Well, anyone seliing F.GIGA.ETF/S.BVPS?
assbot: [MPEX] [S.MPOE] 22000 @ 0.00040399 = 8.8878 BTC [-]
rdponticelli: Now, who knows, it may turn into the main site to exchange it, or it may be renderer useless...
BTC-Mining: I actually purchased 534150 GIGA.ETF already eh
smickles: rdponticelli: how would it be rendered usless?
rdponticelli: Well, if for any cause ownership of the underlying can't be acertained
smickles: rdponticelli: i wonder if giga would just recognize the etf shares tho
smickles: The Owner will never own less shares of the underlying than the total float of this asset implies.
smickles: mircea_popescu would've broken his own contract to have ever sold those shares
rdponticelli: Yeah, but even if mircea_popescu owns those shares, the proof of that ownership is on glbse's hands
Diablo-D3: how are those etfs even functioning now
smickles: and i believe giga's signed receipt of the btc for the shares is in the contract too, so it's conceivable that he would honor it w/o any info coming from glbse
smickles: Diablo-D3: in the way 've just explained it
rdponticelli: smickles: yeah, there's a signed receipt for 900 shares
assbot: [MPEX] [S.MPOE] 4643 @ 0.00040399 = 1.8757 BTC [-]
assbot: [MPEX] [S.MPOE] 11557 @ 0.0004035 = 4.6632 BTC [-]
rdponticelli: But on last dividend the exchange payed only 3 weeks
rdponticelli: So it seems like they were receiving their dividends through glbse
rdponticelli: mircea said they were paying the rest if/when the issue was solved
smickles: Diablo-D3: it's possible for giga to honor this arrangement with mircea w/o glbse involvement, so the shares have value
smickles: we'll se what actually happens tho
Diablo-D3: smickles: did mircea buy them directly from giga?
smickles: Diablo-D3: i dunno, but in this possibility, he could've bought them on glbse
Diablo-D3: I cant honor any of the dmc shares left out there until glbse hands over the data =/
smickles: yeah, those etf shares are unique to this kerfuflle
Diablo-D3: I wonder if I should just write off 800 btc and pretend it never existed
rdponticelli: Maybe we just should pretend bitcoin itself never existed...
Diablo-D3: rdponticelli: honestly, Im thinking about it
smickles: huh, what were we talking about?
rdponticelli: Diablo-D3: you aren't quitting bitcoin, right?
Diablo-D3: I cant say the effort I put into it has been worth it.
smickles: why does every p2pool block show up in the blockchain.info 'strange transactions' page?
Diablo-D3: blockchain.info doesnt like gen tx spam
Diablo-D3: surprised other pools dont pop up in it too
kakobrekla: 00:28.41 ( Diablo-D3 ) smickles: did mircea buy them directly from giga?
Diablo-D3: kakobrekla: thats why he can verify them, I guess
smickles: well, kakobrekla, by your word, then the etf should be in good shape
rdponticelli: kakobrekla: but last dividends, he paid only for 3 weeks
smickles: there has for some time been something like a depositary receipt of gigaminin on mpex
rdponticelli: And said the rest would be paid out if/when the issues got solved
kakobrekla: maybe giga is holding everything back?
rdponticelli: I don't know... he was concerned about legal stuff too...
kakobrekla: well mps words are "i pay what giga pays [directly to me]"
rdponticelli: kakobrekla: those were mircea's words, on dividend day:
rdponticelli: [09:53:54] <assbot> [MPEX] [F.GIGA.ETF] [PAID] 1000000 @ 0.00003459 = 34.58804 BTC
rdponticelli: [09:55:38] <mircea_popescu> that's three weeks that were actually paid. if/when giga manages to sort out the glbbq mess there'll be more.
assbot: [MPEX] [S.MPOE] 52300 @ 0.00040404 = 21.1313 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00040352 = 2.865 BTC [-]
assbot: [MPEX] [S.MPOE] 18700 @ 0.00040476 = 7.569 BTC [+]
assbot: [MPEX] [S.MPOE] 7800 @ 0.00040476 = 3.1571 BTC [+]
assbot: [MPEX] [S.MPOE] 17200 @ 0.00040522 = 6.9698 BTC [+]
gribble: usagi was last seen in #bitcoin-assets 1 week, 2 days, 16 hours, 35 minutes, and 35 seconds ago: <usagi> We own 2000 shares.. should be good if glbse comes up :/
gribble: You rated user usagi on Mon Sep 17 19:56:21 2012, giving him a rating of 1, and supplied these additional notes: I have made a limited arangement with ~. we'll se how it goes.
smickles: ;;rate usagi -1 I have made a limited arangement with ~. we'll se how it goes. ~ is now late in paying and will have defaulted on the contract by the end of tody if action is not taken.
gribble: Rating entry successful. Your rating for user usagi has changed from 1 to -1.
smickles: well, really 'today' was over 3 min ago
smickles: but i'll give usagi until today is over in arizona time
Ukto: smickles: lol, you liked my ToS ? :P
smickles: Ukto: it's entertaining, at least :)
smickles: BTC-Mining: a loan from s²cm to cpa
Ukto: smickles: I just wanted to be very clear about things up front. :P
BTC-Mining: eh... well with GLBSE having the funds, you know...
smickles: BTC-Mining: glbse paid back funds today
smickles: ah, well, also, usagi claimed to have the funds to pay on this contract even after glbse went down
BTC-Mining: So... what is he doing, not showing up?
BTC-Mining: Who will I pay for all those BTC-Mining shares he held in BMF?
smickles: i sent off an email just a moment ago
smickles: today is the last day of a late payment date range
smickles: and I haven't seen/heardfrom usagi for about a week
smickles: BTC-Mining: want to see the contract? curious?
BTC-Mining: Nah, I'm sure it exists and the exact terms are not really of interest.
assbot: [MPEX] [S.MPOE] 200 @ 0.00040522 = 0.081 BTC [+]
assbot: [MPEX] [S.MPOE] 3200 @ 0.00040572 = 1.2983 BTC [+]
assbot: [MPEX] [S.MPOE] 21700 @ 0.00040592 = 8.8085 BTC [+]
BTC-Mining: Well, I might have just earned a few thousands at the expense of BMF's investors -.-
Ukto: wonder when nef. will give out asset lists
smickles: BTC-Mining: if i have proof that usagi owes me btc, and you have btc owed to usagi... would you mind sending it on to me :)
BTC-Mining: I don't know how much shares he had. But I suppose if he signed it with his gpg key, I could indeed pay interests to you for his debt.
smickles: BTC-Mining: it's signed alright ;) well wait to see if he defaults in arizona time, instead of UTC tho, give a little wiggleroom
smickles: if anyone is curious, i've decided to post the contract on bitbin
smickles: not good if he can't make an ~11 btc payment
BTC-Mining: "Lol just fuck off dude. You got nothing, and the best you can do is necroaccount and necrothread."
BTC-Mining: Wow... do I need to pick up Usagi's GLBSE account now or what?
smickles: BTC-Mining: awesome, eh? as he was about 7 hours (if we're using utc time) away from defaulting on a contract
smickles: not only late, thestringpuller, but outside of the late payment clause
smickles: check blockchain.info for the payment dates
smickles: thestringpuller: depends on what timezone we're using
assbot: [MPEX] [S.MPOE] 1500 @ 0.00040469 = 0.607 BTC [-]
thestringpuller: I feel a little bad for him. CPA was a pretty neat company.
smickles: if we go by jst, then he has about 8 hours to make an (approx.) 11 btc payment to hold off default, but remain late on todays payment
BTC-Mining: what the heck are you talking about, thestringpuller?
smickles: BTC-Mining: probably the declining volume over time
thestringpuller: I thought we were in the clear and it would stabilize at 12 USD
gribble: Best bid: 11.7122, Best ask: 11.75268, Bid-ask spread: 0.04048, Last trade: 11.79, 24 hour volume: 23280, 24 hour low: 11.496, 24 hour high: 12.03
smickles: wow, .1 usd off of the 24 hour weighted average?
smickles: lol, i mean, it's likely nefario has/had more btc than I do, but damn, i'm sure he's a small fish
BTC-Mining: and there's many other people claiming to have been paid =/
smickles: 1 of 3 of my accounts was paid
dub: nobody is claiming he restored the former value of their shares
BTC-Mining: yeah, I was strictly talking of balances
smickles: does any sane person expect that?
smickles: thestringpuller: mpex falls under the romainian version of the sec, if at all
noagendamarket: unless he basically gets everything thats left over after the payouts he wont release the asset details
BTC-Mining: the SEC has no freaking jurisdiction around the whole freaking globe
smickles: thestringpuller: those romainian lawyers see bitcoin as WOW gold
dub: smickles: as long as these 'sane' people aren't also congratulating nefario on handling this in the best way possible
smickles: and the mpex securities as part of a computer game
smickles: dub: that sort of 'sane' person would be an asshat
BTC-Mining: Can people stop talking about the SEC like it was some global organisation?
dub: theres basically no way to cut it that doesnt paint nefario is a moronic scammer
BTC-Mining: Well, unless someone proves me he's been blackmailing, I can only know for sure that he's a poor decision maker.
pigeons: mircea_popescu: < noagendamarket> unless he [nefario] basically gets everything thats left over after the payouts he wont release the asset details
mircea_popescu: rdponticelli the float growed a little, but it wasn't ever much more than 1.2-1.3k or so.
pigeons: smickles: did CPA need to make payouts at some point? is that what the loan was for?
smickles: pigeons: depending on the timezone you use, usagi/cpa is about to or has just recently defaulted
mircea_popescu: kakobrekla that buy was pre-glbse ipo, giga delivered shares on glbse, it's not a private agreement in any way.
rdponticelli: And is allowed by the contract, as long as you have the backinv
smickles: pigeons: "3. Payments will be made each Sunday until six payments have been made.
pigeons: smickles: yeah i was wondering what cpa's purpose was for the original loan. did they use it to pay something they insured??
pigeons: its one thing for usagi to be a tool, its another that he got mad when people pointed it out
smickles: pigeons: oh, i think it may have been used to buy back shares of something or other
smickles: but that would be a speculative statement
pigeons: well good luck with recovery
kakobrekla: ah mircea_popescu, so you are glbse dependend... sorry then, i was sure you werent.
pigeons: well usagi is concentrating on paying rent
pigeons: he borrowed against his salary
mircea_popescu: <noagendamarket> unless he basically gets everything thats left over after the payouts he wont release the asset details <<< and to think you've been an ass all over the forum @ the girl.
assbot: [MPEX] [S.MPOE] 31800 @ 0.0004035 = 12.8313 BTC [-]
smickles: pigeons: if he knew that he couldn't pay, then he should've at least contacted me to work something out
mircea_popescu: pigeons i was just reading that, didn't know they're leaking it out now.
pigeons: smickles: absolutely. i'm not excusing shim
mircea_popescu: kakobrekla inasmuch as the giga holdings, i was. guy wouldn't keep it private, what can i tell you.
gribble: Best bid: 11.57411, Best ask: 11.5999, Bid-ask spread: 0.02579, Last trade: 11.57411, 24 hour volume: 23229, 24 hour low: 11.496, 24 hour high: 12.03
dub: slow loads, ajax faggotry broken
smickles: oh jeez, i don't recall if i was long or short with my option position :o
dub: possibly the shitcocks operating my corp network
gribble: Best bid: 11.57411, Best ask: 11.5998, Bid-ask spread: 0.02569, Last trade: 11.57419, 24 hour volume: 23239, 24 hour low: 11.496, 24 hour high: 12.03
dub: FUCK SELL ALL THE COINS
BTC-Mining: I also complained about "the girl", not for believing that GLBSE was a scam (She's free to believe whatever she wants) but for supporting her claims with unfounded statements and speculations which were false and presented as established facts.
dub: thestringpuller: first week in bitcoin eh?
thestringpuller: dub: no I just didn't think the damage done by GLBSE would reach this far
dub: thestringpuller: I'd suggest its not, this is a tiny movement
mircea_popescu: BTC-Mining on one hand that's a gross exaggeration, on the other there's little similarity between you and the bitcoin.me fellow.
pigeons: "the girl" is what mircea_popescu calls himself when we talk on skype
dub: the real question is, where is the uncropped avatar pic
dub: Diablo-D3: that'll e why nefario closed glbse..
dub: noagendamarket: exactly, NEEDS MOAR PENIX
pigeons: skype/adultfriendfinder/chatroulette/whatever
dub: mircea_popescu: internet
BTC-Mining: <mircea_popescu> BTC-Mining on one hand that's a gross exaggeration
BTC-Mining: What? She claimed among other things, for example, that Usagi was appointed by Nefario to manage a review panel deciding on what would or would not be allowed on GLBSE.
mircea_popescu: BTC-Mining that's afaik the only thing she said that you actually disputed, and you disputed it by your own testimony.
mircea_popescu: re-read your statement above, compare with "1 case where i personally don't agree with what she said". it doesn't wash.
jesica: what's up, hot stuff *kisu kisu*
BTC-Mining: yeah, but her posting history if full of such contested facts which she eventually admits she doesn't actually know if they're true or not.
pigeons: greatest country in the world
pigeons: my sister is #1 prostiture in all of romanistan
jesica: She claimed among other things, for example, that Usagi was appointed by Nefario to manage a review panel deciding on what would or would not be allowed on GLBSE."" << i know that claim to be tru and have email logs of the pannel
BTC-Mining: arf, I don't want to browse her history again. But next time I see one, I'll report it to you if you want
mircea_popescu: BTC-Mining lol actually, i think if i dig in the logs i can find usagi making the exact claim.
Diablo-D3: did someone just claim they're 19 and female?
mircea_popescu: then again you can prolly find usagi making any claim you arbitrarily want to check for.
mircea_popescu: total troll, whodda thunk it. he looks so prim and proper...
mircea_popescu: well he seemed ok for a while but then turned complete bonkerette.
BTC-Mining: True, she based her fact on something Usagi claimed...
smickles: given enough time, the controversial rate of any bitcoiner goes to 1
assbot: [MPEX] [S.DICE] 7800 @ 0.0032 = 24.96 BTC [-]
assbot: [MPEX] [S.DICE] 67200 @ 0.00337 = 226.464 BTC [+]
smickles: BTC-Mining: is this about that pannel existing?
Diablo-D3: actually, if usagi is supposed to be a japanese princess
mircea_popescu: fuck can keep track of it all, but it hardly amounts to what you're making out of it i think.
Diablo-D3: you'd think we could get a statement from a professional tentacle deamon on this
BTC-Mining: No, about Usagi managing said panel and panel having authority to determine if assets were to be listed or not.
mircea_popescu: but wait. as to the later part : what else was it a panel for ? masturbatory onanism ?
BTC-Mining: He never was appointed by Nefario or given any decisive power
dub: wait, you mean usagi isnt a samurai rabbit?
Diablo-D3: usagi said there was going to be a panel and the glbse board signed off on it
Diablo-D3: nefario and usagi both said a few lies about that
BTC-Mining: As far as I know, there never was such a thing. Usagi proposed it and Nefario was considering.
Diablo-D3: no, nefario actually was repeating what usagi said
mircea_popescu: BTC-Mining the problem with nefario's statements is that he often contradicts what he pretended last time
mircea_popescu: i tend to recall this ridiculous Ven thing being a bluechip asset.
smickles: heh, BTC-Mining have you seen the founding post of that group?
Diablo-D3: noagendamarket: or "dmc will be shut down, diablo will go to bitcoin prison, and we'll get down to the truth"
Diablo-D3: and then he discovered the truth and didnt quite like it.
BTC-Mining: I also seem to have killed a scam accusation against MPEx
dub: did usagi get tagged in the end?
mircea_popescu: i guess it wasn't immediately obvious to people that as long as they keep the deposit slip they can prove depositing
mircea_popescu: in truth, much of the beauty of gpg is lost on the avg internet user.
BTC-Mining: I must admit I don't really keep them =/
noagendamarket: lol Jonathan ERyan owens doesnt even have a scammer tag and Nefario does
BTC-Mining: But yeah, if I wanted to keep them/have a proof, it's all there
markac: smickles: GLBSE Asset Review Board - BitBin
mircea_popescu: noagendamarket yes, at real estate development. with money. that they...umm... had.
smickles: what i posted there are the exact words describing the glbse pannel usagi used
pigeons: yeah but no more scamming for them, now it's real estate ;)
BTC-Mining: Yeah, it ended up being a suggestion only panel, not decision making panel.
mircea_popescu: thestringpuller well they claimed that dwolla stole their money and closed.
BTC-Mining: And Nefario never actually gave Usagi management of the panel list
mircea_popescu: its still unclear how much money they made off with tho.
smickles: BTC-Mining: yeah, that was lol, wasn't it
noagendamarket: Nefario wont take suggestions from hisown shareholders ffs
mircea_popescu: maybe tghey just hire ed, and bruce starts shittalking them.
assbot: [MPEX] [S.MPOE] 54900 @ 0.00040367 = 22.1615 BTC [+]
assbot: [MPEX] [S.MPOE] 10013 @ 0.00040592 = 4.0645 BTC [+]
assbot: [MPEX] [S.MPOE] 46200 @ 0.00040612 = 18.7627 BTC [+]
assbot: [MPEX] [S.MPOE] 10896 @ 0.00040617 = 4.4256 BTC [+]
mircea_popescu: besides, is bruce wagner even his real name ? iirc it was some famous guy in thr 50s
assbot: [MPEX] [S.MPOE] 61400 @ 0.00040651 = 24.9597 BTC [+]
assbot: [MPEX] [S.MPOE] 30700 @ 0.00040804 = 12.5268 BTC [+]
assbot: [MPEX] [S.MPOE] 20548 @ 0.00040869 = 8.3978 BTC [+]
assbot: [MPEX] [S.MPOE] 45298 @ 0.00040916 = 18.5341 BTC [+]
assbot: [MPEX] [S.MPOE] 1200 @ 0.00041062 = 0.4927 BTC [+]
assbot: [MPEX] [S.MPOE] 15600 @ 0.00041243 = 6.4339 BTC [+]
assbot: [MPEX] [S.MPOE] 26100 @ 0.00041287 = 10.7759 BTC [+]
assbot: [MPEX] [S.MPOE] 52600 @ 0.00041436 = 21.7953 BTC [+]
assbot: [MPEX] [S.MPOE] 9750 @ 0.00041788 = 4.0743 BTC [+]
assbot: [MPEX] [S.MPOE] 1414795 @ 0.00042 = 594.2139 BTC [+]
smickles: well, with btc tanking, those shares look cheaper and cheaper
mircea_popescu: not sure what people are so excited about, i doubt this month will equal last.
mircea_popescu: well seriously, outside of the adam&mark bunch over at mtgox, who exactly is trustworthy atm
smickles: well, no one in this room, ofc
mircea_popescu: i guess the gold people, casascicusasciuscu, coingenuity and who else... that us gold coins thing still in business ?
BTC-Mining: yeah, who trust pigeons? They only tarnish monuments in cities and steal food. Not very trustable.
smickles: my bot has made 18% in about a week
mircea_popescu: pigeons can be trusted to make a pretty decent meal...
dub: yeah.. aslo syphalis
mircea_popescu: even theymos made a good impression in the end with his entire shares thing.
noagendamarket: satoshi left because eventually everyone will end up with a scammer tag lol
mircea_popescu: no actually, if you actually hanker down and count heads, the scammers aren't a majority. they just seem like it cause they get more press.
mircea_popescu: when's the last time anyone bothered with the good people.
smickles: BTC-Mining: all it's doing is taking the bitfloor liquidity rebate
mircea_popescu: must suck if any of their schoolmates had glbse shares.
smickles: hey, i'm married and have a kid
BTC-Mining: No, married people are less trustworthy and more at the same time. More because they can't afford prison... less because they can't afford prison...
mircea_popescu: confucius say, two husbands more trustworthy than one.
smickles: i should've married that tree when i had the chance
BTC-Mining: smickles: wow, a tree? You totally should have.
smickles: dammit mircea_popescu, stealing my thunder
thestringpuller: "The king asks Archimedes to determine if a present he's received is actually solid gold. Unsolved problem at the time. It tortures the great Greek mathematician for weeks - insomnia haunts him and he twists and turns in his bed for nights on end. Finally, his equally exhausted wife - she's forced to share a bed with this genius - convinces him to take a bath to relax. While he's entering the tub, Archimedes not
mircea_popescu: archimedes wasn't even married, it was his slavegirl cooksucker.
smickles: i thought you wern't supposed to mention that guy noagendamarket
mircea_popescu: but srsly, we don't know if he was ever married or had kids.
novusordo: cooksucker? she sucked at cooking?
mircea_popescu: then again 80% of statistics are only true 20% of the time.
BTC-Mining: [21:38] <novusordo> cooksucker? she sucked at cooking?
coingenuity: go figure, i was distracted sending work emails :P
mircea_popescu: someone said the scammers managed a 51% attack so we were counting people
noagendamarket: using bitcoin is like wearing a miniskirt at 12am in a city...you might not get raped but it increases the odds
dub: you might not ognna get raped
dub: correct, and miniskirt == willing
novusordo: well, unless she's wearing a locked chastity belt and left the key at home
assbot: [MPEX] [S.MPOE] 43400 @ 0.00040857 = 17.7319 BTC [-]
noagendamarket: probably dont want to go near anything with teeth though :P
dub: confusious say: broken jaw bites no cock
BTC-Mining: Alien says: I could bioengineer your human females with retractable teeth in the neither region so they can bit off rapists
dub: they tried that in africa
BTC-Mining: Alien also says: I could even add an instinct to devour their partner for further nourishment of the offsprings
dub: spikey fleshlight thing that inserts in vagoo to 'discourage rape'
dub: in fact it 'guaranteed murder'
BTC-Mining: Gets the genitals entraped in a nice inward razorsharp teethed tunnel
BTC-Mining: Free permanent adornment when you pull out.
BTC-Mining: You might want to go to the hospital to get it removed, but it kind of shows everyone you forced yourself into a woman
dub: mircea_popescu: what raping people?
dub: oh, theres also the whole 'rape cures aids' thing
dub: if you rape enough virgins your aids is cured
dub: works really well now that o/~ everyone has aids o/~
dub: mrs dub is on holiday in tropical location, keeps sending me pictures to enjoy while slaving at my desk
BTC-Mining: [22:02] <dub> oh, theres also the whole 'rape cures aids' thing
BTC-Mining: You are mistaken my little friend. The myth is that if you rape enough virgins while you got AIDS, you'll be like everyone once again. Except everyone now has AIDS.
BTC-Mining: Just returns you to being like the majority, really.
dub: its been widely reported for years
dub: of course not much of anything is reported in 'murrica
dub: I think it was einstein that said 'what has africa ever given us, apart from aids'
dub: aint he one o dem musilins
mircea_popescu: actually... this is now making sense. really fast runners...
noagendamarket: you would run too if people are trying to rape your baby
BTC-Mining: [22:10] <dub> I think it was einstein that said 'what has africa ever given us, apart from aids'
dub: thats just genetics, only the fast ones escape form slavers/police
BTC-Mining: Slaves. Once upon a time in some very cheerful bedtime stories, European cultures thought Africans were free-to-take laborers just idling there doing nothing waiting for masters.
BTC-Mining: Seems like it was the most stupid idea ever.
mircea_popescu: BTC-Mining actually, it was locals selling them mostly.
mircea_popescu: the dutch just landed the ships and the local chieftains sprung up the goods.
mircea_popescu: much alike how things go today, actually, you'll be accosted by men with offers of fresh cunt multiple times a week.
BTC-Mining: Eh, true, they were kidnapping each others tribes too.
assbot: [MPEX] [S.MPOE] 16500 @ 0.00041189 = 6.7962 BTC [+]
BTC-Mining: But were the slaves' children considered slaves too?
BTC-Mining: eh, well some still just went on expedition to take them.
dub: they are sometimes all that is left after you eat the adults
dub: oh wait, we're still talkign about africa
BTC-Mining: There's still tons of negative repercussions till this day.
noagendamarket: some of the convicts sent to Australia descended into cannibalism a few times
Azelphur: I always thought he was a cooperative pumpkin
BTC-Mining: smickles, I meant, your statement was very badly placed out of context
noagendamarket: you cant say he didnt tell you = entrapment cos it was in his name the whole time
copumpkin: noagendamarket: that's also bullshit :)
gribble: Best bid: 11.552, Best ask: 11.65, Bid-ask spread: 0.09800, Last trade: 11.65091, 24 hour volume: 23792, 24 hour low: 11.496, 24 hour high: 12.03
gribble: Best bid: 11.55001, Best ask: 11.6499, Bid-ask spread: 0.09989, Last trade: 11.55001, 24 hour volume: 23794, 24 hour low: 11.496, 24 hour high: 12.03
smickles: it's been tomorrow for like 11.5 hour!
dub: timezones, how do they work
dub: I had faith in it scamming
gribble: Rating entry successful. Your rating for user usagi has changed from -1 to -3.
smickles: thestringpuller: thanks for the sympathy
assbot: [MPEX] [S.MPOE] 21900 @ 0.00041354 = 9.0565 BTC [+]
noagendamarket: smickles are you going to make a forum post about it ?
BTC-Mining: Guess I might end up paying Usagi's debt
dub: I should start a scam calling service
dub: I'm at 100% accuracy
thestringpuller: Do scams have to be malcious in intent (take the money and run) or can it just be inept business practices?
thestringpuller: like for instance someone having all their money under a mattress and the house burns down...
BTC-Mining: I would say they would have to be malicious intent. Otherwise we'd call that mismanagement/ineptitude.
BTC-Mining: Like for murder, it has to be a malicious intent. If it's accidental and you're at fault, it's not murder but manslaughter
BTC-Mining: Only if he doesn't claim his BTC-Mining shares
BTC-Mining: I would pay interest to smickles instead
thestringpuller: I see cause you'll retain those outstanding shares of Usagi?
thestringpuller: Are scammer tags reversable? or is it pretty much a done deal?
BTC-Mining: If he claims them at a later date, he'd have no more debt but less dividends owed.
BTC-Mining: You should not be afraid to put them up temporarily until matter are resolved.
BTC-Mining: Sets red flags for others to see until matters are resolved
smickles: < BTC-Mining> I would pay interest to smickles instead << that's honorable, thank you for even considering it :)
thestringpuller: well if your an insurance company you need to mitigate your risks appropriately
thestringpuller: otherwise if shit hits the fan the only thing you can do is merge with another insurance company
thestringpuller: his policy reserves were depleted during the default and never recovered
noagendamarket: the idea of a btc insurance company at this stage is retarded
smickles: thestringpuller: i think it was glbse going down that did 'em in
BTC-Mining: I was completly spared from piratey troubles for avoiding pirate altogether
BTC-Mining: Except a bit of margin trading on the various bonds
thestringpuller: noagendamarket: if you have good underwriting you limit your exposure to scams
thestringpuller: noagendamarket: that's because there is no stable investments to put your policy surplus into to make a decent ROI
thestringpuller: the only option i would see is liquidating the surplus and putting it into global markets
thestringpuller: The way I see CPA is that they were exposed to pirate, and they invested in pirate pt
thestringpuller: so when he defaulted, he had to pay out pirate policies, and he lost money on the investments
assbot: [MPEX] [S.MPOE] 35267 @ 0.00041354 = 14.5843 BTC [+]
assbot: [MPEX] [S.MPOE] 9300 @ 0.00041636 = 3.8721 BTC [+]
assbot: [MPEX] [S.MPOE] 8421 @ 0.00042 = 3.5368 BTC [+]
noagendamarket: scammers and the lack of non defaulting assets really kills the idea
smickles: qwebirc556225: it's the weekend dip
Ukto: nah, all the govt employees incharge of buying up btc etc are off work for the weekend :P
BTC-Mining: qwebirc556225: it's not really a big fall... pretty minor
dub: my peepeecoins are growing!
BTC-Mining: If you'd look at price history, you can see it varies a lot even over the last month
BTC-Mining: It's not like traditional currency pairs like USD/EURO
Ukto: alot has happened over the last month :/
BTC-Mining: Price moves a lot on small transactions simply by low liquitity volumes.
Ukto: as we get closer to halftime, it should go up more
thestringpuller: but from what I recall in order for miners who have paid for equipment, they only need 4USD/BTC to cover electricity costs and remain profitable
dub: for GPUs its quite a lot higher with avg power price
dub: FPGA will be lower than that
dub: what are you assuming power price to be?
BTC-Mining: arf, I'd pay dividends owed to him to smickles instead
dub: thestringpuller: so assuming 10mh/w its break even is under a dollar
dub: 10mh/w is a vaniall lx150
dub: vanilla too, I think they commonly run at +25%
dub: mircea_popescu: current
dub: id say we'll be well over 3000th in a year
mircea_popescu: so at 300th, taking that number out of an arsehat, $4 becomes $40
assbot: [MPEX] [S.MPOE] 9489 @ 0.00041666 = 3.9537 BTC [-]
smickles: well, usagi has contacted me now
smickles: it wants an alternative payment plan
smickles: noagendamarket: nope, netorare
dub: i'd like to go to antarctica at some stage
dub: my biddy has been there
thestringpuller: then if they wanted to put me in jail they'd have to find me
dub: its quite cold there atm
dub: ozone hole sucking space in
dub: its repairing itself apparently
noagendamarket: yeah they banned a lot of the chemicals that were causing it
dub: no more styrofoam burger boxes
smickles: that's why those burger boxes went away?
thestringpuller: i feel that the people on silk road are more trustworthy than most btc users
thestringpuller: the be like the mafia? if people don't pay break their knees?
noagendamarket: if you cant get justice using the legal system thats the alternative
smickles: everything is a scam because none of the big thefts and scams have had any significant consequences yet
noagendamarket: kinda hard when they live on the other side of the world
mircea_popescu: thestringpuller actually the mafia collecting records are worse than the govt's.
smickles: seriously, the should just secede already
noagendamarket: scammers will destroy btc before the government gets a chance too
thestringpuller: as long as SR exists btc will always have a place on the internet
dub: people just need to be more enterprising
dub: its retardedly cheap to have physical harm befall people in most places
noagendamarket: wheer you can bet when pirate will get his legs broken
smickles: jeez, no one like my texas joke?
thestringpuller: mircea_popescu: "And yes, I’m saving some Bitcoins in a special wallet precisely to pay for the amusement of fucking interns in the oval office. The cigars are on the house." that made me laugh
smickles: yeah, but really, you are :P 'merica rulz the world,, didn't you know the sec regulates securities worldwide
mircea_popescu: better buy some viagra then, who knows how many interns 25btc buys
noagendamarket: lol. Imagine if you had liquid viagra and dumped it in the water supply
thestringpuller: it'll be like a post apocalyptic world without the nuclear holocaust
assbot: [MPEX] [S.MPOE] 26400 @ 0.00041741 = 11.0196 BTC [+]
dub: wat is coinbr again?
mircea_popescu: i hated that glbse was mostly a vehicle for pushing toxic assets to the naive.
thestringpuller: if there was a way to "collect" like in the physical world it wouldn't have been as bad
noagendamarket: they probably wont do anything about scamming till a politician gets ripped off lol
smickles: man, i should've found a way to scam the funds form my mortgage into btc back in 2008
dub: if you want to conspiracy theorize it might be thier plan to let btc scam itself out of existence
smickles: now that is waht bitcoin is for
thestringpuller: Didn't a US senator give the DEA a bunch of money to shutdown Silk Road
dub: pretty sweet honeypot
smickles: how much money does it take to get to the center of an onion?
smickles: dub: they did change their .onion address
dub: USG has a long history of letting crime continue in their interests
smickles: and the drug trad is in the gov't interest
dub: there was an infographic floating around the other day, I think I pasted here
smickles: thestringpuller: the one you emaild to me? or this destructo community provacatauro
dub: showing drug addiction rates over time (static) vs. War on Drugs spend (zomg)
smickles: thestringpuller: Yeah, i think that is a good idea if you can keep expenses low enough to attact business
smickles: btc -> cash in pocket in about one biz day w/o needing a bank account, i think it'll work
thestringpuller: that is if the check is as liquid as a moneygram/moneyorder
smickles: most banks will let you cash that free of charge
smickles: although, now, i think they take a fingerprint to do it
midnightmagic: that's the dumbest thing I've ever heard. For a cashier's/certified cheque?!
thestringpuller: and makes you put your fingerprint on the back of the check
assbot: [MPEX] [S.MPOE] 12400 @ 0.00041755 = 5.1776 BTC [+]
assbot: [MPEX] [S.MPOE] 19500 @ 0.00041666 = 8.1249 BTC [-]
Diablo-D3: smickles: I think Im glad I didnt hire you in the end
Diablo-D3: smickles: you'd be trying to scammer thread me because glbse stole dmc's money :<
noagendamarket: there wasnt much left of dmc for glbse to take aft5er youy finished with it :P
smickles: Diablo-D3: usagi told me that he had the btc AFTER glbse went down
smickles: and then didn't contact me when he clearly knew he was going to default
Diablo-D3: noagendamarket: no, what was left of dmc was what glbse didnt already steal
smickles: Diablo-D3: i would assume you would not do something like that. A little communication goes a long way
Diablo-D3: yeah, I'd at least warn you ahead of time that dmc suddenly became non-existant
smickles: you know, s2cm is actually still operating :/
smickles: thestringpuller: heh, we're still operating, but we're going to dissolve when we get the shareholder info from glbse
smickles: part of our operation is collecting from usagi
smickles: thestringpuller: i bet there are people who have trustable claim to shares of s2cm who would sell them to you
Diablo-D3: smickles: so basically the entire bitstreet is closing up
smickles: Diablo-D3: well, i dunno, we're disolving s2cm, but i'm launching an accounting company
Azelphur: I can sell ss shares, depending on what your offering
thestringpuller: Everyone is closing their doors cause no one trusts anyone
mircea_popescu: dub the way i see it, the scams are actually a passive benefit
mircea_popescu: all the people who aren't scamming are gaining +rep with every scam.
mircea_popescu: may seem expensive, but a great way to build a community FOR REAL.
Azelphur: smickles: did you see the email that went out today btw
smickles: Azelphur: the one where it said, you should've received you btc?
smickles: yeah, s2cm didn't get one satoshi
Azelphur: Your GLBSE account has been processed for bitcoin. The next step will be to send you information about your assets, and to provide this information to issuers (if you agreed) allowing you to continue your relationship with your issuers.
Azelphur: that would be such a travesty to loose xD
Azelphur: the economy will never recover
Azelphur: we might as well pack up and go home now
Azelphur: I got my 10.1 btc out of glbse
Azelphur: now I'm waiting on clipse, bs&t and glbse (assets)
Azelphur: money trapped in investments: ~1700 btc
Azelphur: spread your money out, surely it can't all go wrong at the same time!
dub: whats teh latest on clipse
dub: still 'end of october'?
Azelphur: dub: seems like he's en route for a scammer tag
Azelphur: dub: wasn't that end of september
Azelphur: he said end of september, then he said 12th oct, and now he signed in but hasn't updated anyone
dub: I've seen no comms lately, I though he said end october then brought it forward
smickles: Azelphur: go play some FTL, it'll help :)
Azelphur: oh nope, you are right, it is end of october
thestringpuller: smickles: what were the outstanding shares for september? (looking at S^2 fin reports)
Azelphur: although he says that in order to pay out in october he needs people to mine, and his pool has been down for nearly 24h now
dub: well, SA is a REALLY cheap place to have someone whacked ;)
dub: like can of coke cheap
Azelphur: I know people who live in SA too
smickles: thestringpuller: all issued shares were outstanding, and the number should be in the notes of the report
dub: I know a contract killer in SA :)
Azelphur: sometimes I think it'd be cool if you could hire someone to steal a scammers car and sell it in order to pay back people who had been scammed, or something
Azelphur: in my dreams sort of cool, not in reality
Azelphur: dub: it's really bad because in his thread early on he specifically says he don't invest in BS&T which is why I left so much in there, as another investment
dub: with pirate I'd steal his cimputers :)
Azelphur: and now he blames BS&T for not being able to pay people back
dub: in fact I can't believe someone hasnt
Azelphur: noagendamarket: that's what I said in the scammer thread.
assbot: [MPEX] [S.MPOE] 14900 @ 0.000419 = 6.2431 BTC [+]
assbot: [MPEX] [S.MPOE] 15700 @ 0.00042 = 6.594 BTC [+]
Azelphur: "No I dont put the mining funds directly in BTCST" ... and now "aside from the fact BTCST should have paid out by now"
Azelphur: thestringpuller: they did that 1/100 split now, so many zeros xD
Azelphur: they split the shares up by 100 I think
Azelphur: so people with 1 shares got 100 shares
Azelphur: smickles: it was 100 split right?
smickles: and it was a good plan, util glbse folded
Azelphur: thestringpuller: it was originally 2.5, then they split the shares up to make it easier to trade, so if I bought 1 share at the beginning at 2.5, I would have had 100 shares worth 0.025 now
smickles: thestringpuller: what did you mean by 'original value'?
Azelphur: the IPO value was 1.0 then they did a second issuing at 2.0
Azelphur: I sold a bunch of shares at 2.5 before the second issuing
smickles: s2 originally launched with 500 shares at 1
smickles: then issued 305 @ 2 (the market average) later on
Azelphur: thestringpuller: my history with SS is basically, I bought a buttload at launch at 1.0, sold em all for between 1.8 and 2.5, then bought again at 2.0 in the second issuance
smickles: then did a 100 for 1 split some time later
Azelphur: I imagine it's not too much of an alternative now, as soon as GLBSE puts out the info it's shutting down anyway
smickles: thestringpuller: i'll be compiling the next reports tomorrow
Azelphur: so A) GLBSE puts info out and then you get bought out and it's over
Azelphur: B) GLBSE doesn't put info out...and your screwed, forever.
Azelphur: as much as I'd like to sell SS shares right now, gotta tell it like it is lol
smickles: heh, mpex is either options, or hardly anything else, but better anything else than glbse had
noagendamarket: imagine if you burnt your workplace down and asked the boss for your wages still lol
smickles: yeah, not that i know exactly what we're liquidating at, but buying SS @ 2.5 is probably a loss
Azelphur: smickles: aim high and negociate lower ;)
Azelphur: smickles: have you heard the zeekrewards and BS&T rumors?
Azelphur: talking to yourself like a pro there :p
Azelphur: I lefe things behind all the time
thestringpuller: I might as well just make a business instead of trying to bu y one
thestringpuller: heh "Bitcoin is in fact first and foremost a wonderful community of highly skilled, intelligent and open minded people which tearfully reminds one of the old days of the pre-September Internet." heh
smickles: thestringpuller: do you have an mpex account? they're expensive, although i thing coinbr.com setup a brokerage site for mpex
assbot: [MPEX] [S.MPOE] 31254 @ 0.00042 = 13.1267 BTC [+]
Diablo-D3: [12:41:08] <smickles> Diablo-D3: well, i dunno, we're disolving s2cm, but i'm launching an accounting company
smickles: Diablo-D3: i've got clients lined up :P
thestringpuller: smickles: not yet even though I could drop the cash on it I can't warrant the expenditure if I can't be sure I'll make the money back
Diablo-D3: smickles: but our tiny little backwoods wall street wannabe is dead
smickles: thestringpuller: well, to justify 30 btc, you'd probaby have to use margin and make a good call, eh?
thestringpuller: smickles: I'm not that good ;) I would have to have help for sure.
Diablo-D3: [12:41:13] <thestringpuller> Everyone is closing their doors cause no one trusts anyone
Diablo-D3: thestringpuller: yes, thats my reason to shut dmc
thestringpuller: I'll be patient and wait for more companies to ipo on mpex before I invest in an account
Diablo-D3: every company Ive tried to invest in so dmc can get there faster has pretty much fucked us one way or another
smickles: thestringpuller: coinbr is probably for you then
Diablo-D3: the irony is DMC's plan made that moot
Diablo-D3: we could have mined everyone else under the table
Diablo-D3: but everyone decided to just be a bunch of faggots, so fuck it
noagendamarket: its not like you can invest in mt gox or bitinstant :P
Diablo-D3: not that Im going to, but if I ever start another company, Im only going to deal with professional VC firms
Diablo-D3: not a bunch of fucking aspies flailing their arms because they invested in something they didnt understand wouldnt pay out their original investment for 2+ years
smickles: lol, Diablo-D3 don't vc firms look for 15x their original investment in 1 year?
noagendamarket: I can double my investment inn 2 years simply by buying a house and living in it lol
Diablo-D3: smickles: theres a few that are fucking retarded, but they're known
Diablo-D3: theres _no one_ in the bitcoin community who knows what they're doing
thestringpuller: smickles: yes that do, but they also think that if 15-20% of the companies they invested in give them that ROI it's a "good year"
Diablo-D3: thestringpuller: smickles didnt want to invest in dmc
Diablo-D3: smickles also didnt have 200k btc.
noagendamarket: because he knew what he was doing he didnt invest in dmc
Diablo-D3: noagendamarket: not at all, he didn't think the rest of the community could pony up the cash
thestringpuller: (I keep thinking DMC stands for the Delorean Motors Company)
dub: Derp Mining Crapshoot
thestringpuller: Diablo-D3: is your mining equipment paid for or is it for sell or...
BTC-Mining: yeah, but last transactions dates from March 2012...
BTC-Mining: way before the website or pirate defaulted...
dub: Damage My Credibility
dub: ^ worked for Diablo-D3
dub: Downvote My Comments, no thats his hn
noagendamarket: unless it paid above 5% no one was interested in any assets
mircea_popescu: <Azelphur> #flawedlogic << how much did you have in mpex ?
mircea_popescu: noagendamarket actually,t his is false. mpoe.etf made about 1200% over ipo price
assbot: [MPEX] [S.MPOE] 5911 @ 0.00041666 = 2.4629 BTC [-]
assbot: [MPEX] [S.MPOE] 15636 @ 0.00041602 = 6.5049 BTC [-]
thestringpuller: mircea_popescu: does the bitcoin community really remind you of the pre-September internet?
Diablo-D3: no, I paid other people to do that
assbot: [MPEX] [S.MPOE] 40073 @ 0.00042 = 16.8307 BTC [+]
assbot: [MPEX] [S.MPOE] 51600 @ 0.00041993 = 21.6684 BTC [-]
assbot: [MPEX] [S.MPOE] 54800 @ 0.00042 = 23.016 BTC [+]
mircea_popescu: a. i am going to pluck any bird i feel like ; b. i am going to make soup out of any turtle i get my hands on.
mircea_popescu: anyone doesn't like it better bring fucking enough ammo.
BTC-Mining: But the zergling is all cuddly, grabbing you and nibbling at your internal organs.
BTC-Mining: I think the crime here is politicians rushing through new laws for their public opinion.
mircea_popescu: fucking muppets ranting on about what the sec bla bla ?
BTC-Mining: Also, did you know that those muppets might be making some of the criminal laws? Not all laws are voted by the representatives.
BTC-Mining: Many regulations are made by expert in their fields but who have poor or no understanding of criminal law and it's intent.
BTC-Mining: The website summarize the issue nicely.
BTC-Mining: Although the problem of "broad/uncomprehensible laws" has been quite an issue globally, in many nations.
mircea_popescu: it also explains why the united states has no room and no place in civilised society.
mircea_popescu: can go hang out with gabon, sierra leone and the rest.
assbot: [MPEX] [S.MPOE] 500 @ 0.00041993 = 0.21 BTC [-]
BTC-Mining: Well, you seem to be overreacting to laws being too broad in the US by creating another broad law:
BTC-Mining: [03:10] <mircea_popescu> it is now a crime to be american.
BTC-Mining: Are you sure you aren't part of the problem?
BTC-Mining: eh, and I wasn't really serious, just pointing out it was a rather harsh and excessive stance.
mircea_popescu: no it's not. it's perfectly commensurate with the offence.
BTC-Mining: Eh, "americans" are just born in the US, not a direct cause of everything that happens in the US
mircea_popescu: people that dare organise into such a state are hostes humani gener
mircea_popescu: listen, if you're part of some mob cause "you grew up into it" you still go to jail.
BTC-Mining: Well that would be something applied too broadly... Not everyone in the US agree with the US.
mircea_popescu: seems to me if you pay the mob boss you're in the mob, whether you *claim* disagreement or not.
BTC-Mining: Depends on the individual. Most people in every country pays taxes. Doesn't mean they all support 100% of the state.
BTC-Mining: I don't see how you could reasonably expect someone who object to any single law in a country to be able to move somewhere that has no rules they disagree with.
BTC-Mining: Unless everyone lived in their own one-man nation.
mircea_popescu: you don't have to move. you just send them your citizenship in the mail and be done with it.
BTC-Mining: Except that doesn't really work that way...
BTC-Mining: Since when will any government anywhere accept to take citizenship back and accept you stop paying any taxes? Tough luck on getting that through.
mircea_popescu: if you're not a citizen and are paying taxes i dun care, you're not liable.
mircea_popescu: i've paid taxes in maybe twenty jurisdictions so far, i don't see why anyone could claim i have anything to do with them.
BTC-Mining: How do you even renounce citizenship? You never agreed to that.
BTC-Mining: The state just decided by itself to consider you a citizen based on it's own set of rules, without your accord.
mircea_popescu: nah. you were born one. your citizenship really predates any law other than the consitution
mircea_popescu: peopel tend to forget the state is much ulterior in the process.
BTC-Mining: I try to completly make abstraction of the state/whatever is in place and consider each individual individually for their own actions and intent.
BTC-Mining: Regardless of their citizenship/government.
BTC-Mining: If I see they support something I don't agree with, then I object.
mircea_popescu: but they are actively engaged in a criminal entreprise
mircea_popescu: us data : There were between 222-235 renunciants in 2008, between 731-743 in 2009, and about 1485 in 2010; In 2011, there were 1781 renunciants.
EskimoBob: can you 2 figure out how to "legalize" all the fake securities that are issued/promoted in the forum? At least you spend your energy on something useful :)
BTC-Mining: That's like me saying you doing business like dinning out in a mob's restaurant is being actively engaged in a criminal enterprise. You have dealings with it, it doesn't mean you know or support what they do. You simply pay them for a service. Same with citizens paying taxes.
mircea_popescu: EskimoBob not really interested in forum bs "securities", but tell me more about the assets-otc lame mpex clone.
BTC-Mining: Now the issue is, there will be laws you don't agree with in every country. And pretty much every country charges taxes one way or another.
EskimoBob: mircea_popescu: sorr, let me rephrase thet: "legalize" all the fake securities that are issued/promoted in the mpex
mircea_popescu: obviously not laws are perfect. what we're discussing here are laws that are criminal in themselves.
BTC-Mining: I'm pretty sure if even if they don't abound, we could at least find a few falling under that definition of yours in romanian laws.
EskimoBob: can a law be criminal? Probably not but i sure can be absurd and instead of protecting people it harms them. But still, can you call it criminal?
assbot: [MPEX] [S.MPOE] 17900 @ 0.0004165 = 7.4554 BTC [-]
BTC-Mining: I'm afraid I don't have the skills required to do such legal research.
BTC-Mining: In any case, I'm satisfied so far of canadian laws, although I'm pretty sure there's plenty I just don't know of.
mircea_popescu: EskimoBob sure. nazi germany laws were criminal, and they created liability for loyal subjects of the 3rd reich.
EskimoBob: mircea_popescu: no, they are criminal now, but not back then
EskimoBob: and most are not even criminal now days
mircea_popescu: well most no. but most doesn't matter in this context.
EskimoBob: my point is, your example was a hyperbole
EskimoBob: US laws have turned in to a pile of shit and same happens all over the world
EskimoBob: Law is not for protecting society any more.
mircea_popescu: nope, not the same, and not all over the world. this is just misguided jingoism.
mircea_popescu: the insanity is quite speciffic to the us, with some overlap in the 51st state (uk)
mircea_popescu: but yes my example was a hyperbole. problem is, it's a matching one
BTC-Mining: Well, yes, many country are FAR from being in such a mess as the US.
BTC-Mining: It doesn't mean the US is unrecyclable or that I'd hold every american responsible for the current situation however.
mircea_popescu: the only way to get the lazy bums out of their bubble of confort and don't-give-a-shit
mircea_popescu: so. all americans. strictly liable. for being part in the us war on mankind.
BTC-Mining: If I applied that logic for anyone who is a citizen of a government I held responsible for crimes, I'd have to execute everybody on Earth, including myself.
BTC-Mining: Simply for the fact no single government can be reasonably assumed to be 100% corruption free and applying laws correctly 100% of the time.
mircea_popescu: we're not putting the standard at either 100% corruption free or applying laws at all.
mircea_popescu: we are putting the standard at not making laws which are enmitous to mankind.
mircea_popescu: it doesn't even matter whether such laws are ever applied or were ever applied. the simple fact that htey exist is sufficient.
BTC-Mining: Corruption in governments is almost always for making laws that are not bad for mankind.
mircea_popescu: we're not discussing "bad for mankind". we are discussing, hostile to mankind.
mircea_popescu: if i snipe at you while you sunbathe i am hostile, whether i hit you or not.
mircea_popescu: if i take the parking spot you wanted, it may be bad for you, but there's no hostility involved.
BTC-Mining: the latter isn't really harmful, just vaguely inconvenient.
BTC-Mining: Seems more like it was an unagreement on definition of words.
BTC-Mining: Even so, would you claim your government has done absolutly zero hostile acts toward mankind for all the time you were a citizen?
BTC-Mining: Aye, but I'm pretty sure at some point, it caused harm to its own citizen under one law or another. Although I guess that's not a receivable argument.
mircea_popescu: but anyway, this isnt a "oh im so much bettert than anyone else" thing
mircea_popescu: im just trying to point out the immensity of us insanity
BTC-Mining: I lack facts. But so do you against american citizens for merely being american citizen.
assbot: [MPEX] [S.MPOE] 15319 @ 0.00041602 = 6.373 BTC [-]
assbot: [MPEX] [S.MPOE] 8481 @ 0.00041526 = 3.5218 BTC [-]
BTC-Mining: Also, since you consider intent, I suppose you wouldn't be against minors or infants who have no choice or knowing intent of causing such hostile acts. As such, why held adults responsible for inaction when they themselve are completly clueless.
BTC-Mining: I'd consider their inaction as a poor choice, but would not consider them responsible.
BTC-Mining: To each it's set of standards and ethics.
BTC-Mining: Eh, guess that's it for today, 4:30 am already
assbot: [MPEX] [S.DICE] 800 @ 0.00337 = 2.696 BTC [+]
assbot: [MPEX] [S.MPOE] 10531 @ 0.00041526 = 4.3731 BTC [-]
assbot: [MPEX] [S.MPOE] 33200 @ 0.00041533 = 13.789 BTC [+]
dub: payouts progressing well
dub: you've got to wonder at the thought process
asa1024: I wonder everyday how I am able to get dressed in the morning.
asa1024: my next goal is to learn how to read and write! :D
assbot: [MPEX] [S.MPOE] 28788 @ 0.00041526 = 11.9545 BTC [-]
assbot: [MPEX] [S.MPOE] 26999 @ 0.00041471 = 11.1968 BTC [-]
mircea_popescu: Got the same email, didn't receive any of the bitcoin that I had there, not one iota.
EskimoBob: angry usagi is back :) and trolling like never before. #_#
assbot: [MPEX] [S.MPOE] 1601 @ 0.00041471 = 0.664 BTC [-]
assbot: [MPEX] [S.MPOE] 4799 @ 0.00041453 = 1.9893 BTC [-]
dub: smickles: sounds suspiciously like the ellet idea
dub: smickles must be MNW
jurov: so, coinbr now features imgur screenshot gallery.. with an exercise order that will make you dream
smickles: jurov: is there a 'stop-loss' feature?
jurov: by popular request... so that potential users can see it's not so scary as mpex
jurov: there was even idea that i do beautified order book
smickles: the blockchain taint tool indicates that usagi has hundreds of btc under his control
mircea_popescu: you want an api to talk to the thing which talks to my api ?
jurov: that needs mpex acct, tho. i don't see an coinbr api in near future.
jurov: high frequency trading with multiple users on one mpex acct is just not feasible atm.
smickles: why would you do high frequency trading w/o a 'maker rebate'?
mircea_popescu: there's a lot of problems to be accounted for. it's difficult to make a secure api in the first place. even if you do, making a chain of two be comparably fast to one alone is not trivial.
smickles: someone clearly violates a signed contract, and people accuse the violated party of scamming
smickles: and it seems to happen so often
assbot: [MPEX] [S.MPOE] 18000 @ 0.00040845 = 7.3521 BTC [+]
smickles: mircea_popescu: that's arbitration tho, this is not a dispute resolution
smickles: how does that reach out to a scammer tag on bitcointalk?
mircea_popescu: well, let's see. usagi doesn't admit default, in what he posts there ?
smickles: he admitted it to me. but this is a side issue. agreeing to arbitration concerns the legal aspects of dispute resolution. not labels on a forum or private discussions
mircea_popescu: now, it's not a matter of YOU being a scammer, or the disclosure being improper or anything
mircea_popescu: but i can see how the forum people would go, well, come with a judge.me result first.
smickles: if they want the judge.me result for a scammertag, they are changing the way they do things
smickles: because i recall them giving scammer tags to people who agreed to judge.me resolution w/o there even being a claim filed
smickles: and the scammer tag is a warning mechanism, not a settlement process, this augustocroppo was assusing me of breaking the contract by calling for a scammer tag
pigeons: don't worry about forumrates
smickles: mircea_popescu: oh, i'll look, but i don't feel confident i'll find it :|
thestringpuller: as mircea_popescu says, they are stuck in eternal september
mircea_popescu: smickles pigeons prolly has it, i vaguely recall that name under the idiot tag.
mircea_popescu: but as a general principle, it's hard to ask for any third party action on a contract with a dispute resolution clause that wasn't met.
smickles: funny thing is, there are a few people who owe usagi btc who are willing to pay this debt, usagi just has to agree
smickles: BTC-Mining either had bad luck, or low power
smickles: or wanted 12 characters or somehthing
dub: depends on difficulty
BTC-Mining: Difficulty was between 800 - 900 billion
BTC-Mining: I also wanted a number/capital letter following the letters
rdponticelli: You do deserve a scammer tag, smickles. How do you dare to expect a payback on a bitcoin loan? That's scamming!
BTC-Mining: It had to start with that specific string and be followed by a number... pretty harsh.
BTC-Mining: rdponticelli, who was it who refused to repay loan because that was not "theft" since bitcoins aren't "real money"?
smickles: rdponticelli: IKR, and I discussed it in a non-binding fashion, outside of arbitration! How dare I?!
pigeons: and you loaned the money to an unlicensed illegal insurance company that sold unregistered securities!
dub: to a magical samurai rabbit boy girl person no less
dub: tbh, scam accusations are retarded
mircea_popescu: dub depends. the girl's got theymos pretty talkative in short order.
dub: scam tags issued by a scammer are not useful
dub: nor is bitcointalk.org in ngeneral
smickles: i should just stoppit with the forum already
smickles: heh, got a good recomendation?
assbot: [MPEX] [S.MPOE] 6181 @ 0.00040703 = 2.5159 BTC [-]
assbot: [MPEX] [S.MPOE] 3719 @ 0.00040613 = 1.5104 BTC [-]
smickles: (lol before reeses, i dunno reeses)
smickles: i've heard of reeses, but not interacted with reeses much
mircea_popescu: one of the few true girls on the interwebs. your loss.
rdponticelli: BTC-Mining: I don't know. I recall bulanula arguing that he can't return what was overpaid to him, because bitcoin transactions wasn't reversible
pigeons: i'm typing with one hand too, everytime thestringpuller talks
dub: rdponticelli: bulanula was the first account I ignored, the final straw
dub: life is too short to even acknowledge people with so little worth
rdponticelli: But I found funny some arguments you can found around
smickles: "it's not illegal b/c we didn't use fiat"
rdponticelli: Well, somebody should make a page with the Scammer's arguments
smickles: rdponticelli: do you remember where that came from? I want to source it
rdponticelli: Don't forget: I can't give it back, b/c bitcoins transactions are irreversible
pigeons: it's not a scam if you use bitcoin
kakobrekla: wiki still getting spammed with new users
assbot: [MPEX] [S.MPOE] 3400 @ 0.00040613 = 1.3808 BTC [-]
pigeons: hmm my ignore of BTC-Mining doesn't work on mircea_popescu's website
pigeons: and Iraq is the 51st state
mircea_popescu: nah, it ain't. had they the sense to make it a state it'd have actually been interesting.
mircea_popescu: pigeons you were the original source of trouble tho weren't you, with linking that blog.
pigeons: oh did I? I don't actually read the things i paste
pigeons: hmm, could have been me but probably not, i don't remember it. I like the comics a lot though
copumpkin: the best one is the one with the pony in it
pigeons: yeah i knew i wasn't that clever
copumpkin: cause the NY criminal lawyer is a brony
BTC-Mining: I'm being spread on the interwebz!1!!1!!!
jurov: mircea, good you weren't here when azephur said he abandoned development because he doesn't wanted to go to jail
BTC-Mining: He abandoned development of what exactly?
mircea_popescu: i'm much more worried about not pushing it hard enough.
pigeons: they hate us for our freedoms!
jurov: he was diong something with mpex back in may, posted some screenshots
mircea_popescu: jurov actually iirc he made a fully functional python script that most everyone uses.
jurov: yes. but he wanted to make something with graphs iirc.
mircea_popescu: jesus blog comment spammers are getting more retarded by the month.
BTC-Mining: ... how would that be illegal in the US?
BTC-Mining: Oh, wait... I remember what they say: "Everyone in the US is a criminal since everything is illegal."
dub: why are project managers universally brain damaged
BTC-Mining: Because people that are not brain damaged are needed to do actual work.
mircea_popescu: the thing is, project managers who aren't brain damaged have much better titles even if what they mostly do is manage projects
BTC-Mining: That's why you put the smart one on a computer and the retard as the manager to whip the troop and be loud.
copumpkin: not sure it's a good counterexample
mircea_popescu: the ones without no better title than pm are like the reserve nobody ever picks
mircea_popescu: copumpkin im not brain damaged, i'm brain damaging. world of difference :D
mircea_popescu: glbse was taking off ? in what paralel universe are we talking ?
mircea_popescu: thing was going to shit, the fact that i killed them back in may finally landed in their thick skulls, quick grab for as much money as possible ensued as part of the unwinding procedures.
mircea_popescu: <Azelphur> the amount of scammers, I'd probably be happier on the regulated one for most things << what are you, retarded ?! seriously now.
Azelphur: mircea_popescu: scammers be everywhere
BTC-Mining: wait. Did you just attribute yourself the closure of GLBSE?
EskimoBob: "33:56 thestringpuller | EskimoBob: lets take down Usagi rough shim up." - funny :) I think usagi is taking himself down at the moment. Maybe this is his exit "strategy" and he is going to announce how he feels insulted and leaves for good. A girlish exit lol
Azelphur: perhaps but that's irrelephant to my statement
mircea_popescu: i don't appreciate the misguided attempt to turn that scandal into some sort of "oh, it's what it is"
mircea_popescu: BTC-Mining when you go from being the lone player in the market to struggling to keep your 20% share...
assbot: [MPEX] [S.MPOE] 4200 @ 0.00040613 = 1.7057 BTC [-]
EskimoBob: mircea_popescu: I do not want to start any pissing contest here but whay do you think your exchange is any different than GLBSE (excluding the looks etc)
mod6: and you don't allow any random moron to issue a security
Doffx: Apparently there are only 2 people that are not moron's in his book
mircea_popescu: and on it goes, but i won't bother with all the many countless ways glbse was UNDER the minimum conceivable standard.
EskimoBob: and how is this "it's secure" makes the crapp issued there any less crappier than what GLBSE had listed?
mircea_popescu: Doffx the problem is that most people who would be worthy to list do not want to get involved with what glbse + the forum have convinced them "investors" are
mircea_popescu: EskimoBob have you bothered to read an actual contract there ?
mircea_popescu: your laziness to inform yourself isn't really my responsibility you know.
EskimoBob: yes, thye are funny amateurish copy/paste legalese bull crap
Doffx: Obviously there was plenty of BTC.
Doffx: As far as the investors go I dont really know how to answer that part.
mircea_popescu: Doffx think about it for a second. you've made some nice business that actually makes sense, economically.
EskimoBob: mircea_popescu: heh? That's it? Heh? :)
mircea_popescu: unlike the "i will pay you X from secret sources" a la obsi.
mircea_popescu: Doffx now go read the thread where evoorhees announces s.dice, and see what those assholes have to say.
EskimoBob: dude, you and Nefario/Glbse gang are actually the same :)
mircea_popescu: read the part where the girl explains to them they are fucking themselves over, and read their replies.
mircea_popescu: why would the owner want to be involved with the collection of retards that glbse has collected ?
Doffx: So alienate everyone instead?
mircea_popescu: EskimoBob you at some point have to come to terms with the harsh, cold reality that you calling something x or y has little power to make it be x or y.
mircea_popescu: people with 10 btc worth capital and 10k btc worth of bigmouth are NOT useful investors.
EskimoBob: mircea_popescu: calling everyone a retard is more like usagis line of defence or proof of some make believe shit
mircea_popescu: it's inadequate to imagine you can speak for "everyone" on the internets.
EskimoBob: OK, everyone was overstatement but lets say most
Doffx: I agree that’s a stupid argument. People want to have a voice, and if educated and or kept informed are usually easy to work with.
mircea_popescu: yes, i fully intend to allienate most self-declared investors on internet forums.
EskimoBob: and that cunt (you in a derss?) is really bad PR
Doffx: I think your just seeing a lot of fallout from Pirate, and now Glbse.
mircea_popescu: i actually think it is irresponsible as a business practice not to.
dub: mircea_popescu: true true, I have a pm buddy that is currently contracted to a bank, as CIO
EskimoBob: mircea_popescu: why not educate those retards a bit?
mircea_popescu: this is like saying a college turning down applicants "loses"
Doffx: I told you dummies it was a scam is not very educating, " I told you so " In general usually just puts people off and shuts them down completely.
Doffx: You have a chance to make Mpex the best thing out there I just dont think it will happen.
mircea_popescu: for instance, the cdo post which everyone shunned and then COPIED ?
Doffx: I have, I find her rude, and yes I know shes right it her tone.
Doffx: I find her information useful at the same time she needs to tone it down.
mircea_popescu: now compare the reaction to those two. do people whine about her tone ? surely.
Doffx: I'm not explaining that correctly, but she could really help people if she just went about it in a better way.
mircea_popescu: beatings, frequent and vicious, are the only right way to educate.
mircea_popescu: jurov "polimedia is a forged domain" ?! wtf does that even mean ?!
jurov: idk, just hat they insist it is registered on some restaurant address
BTC-Mining: ... it means... the domain... was crafted by a blacksmith
jurov: i'm done with that discussion and fully satisfied.
darkee: anyone else got an glbse email about an hour ago about restored funds w/o having received anything? kinda makes me wonder if I actually fucked up and gave a wrong btc address for the payout but it's too late to even see which address I put in -.-
BTC-Mining: Why do people "invest" in SatoshiDice...
BTC-Mining: and by invest, I mean bet, not get shares
mircea_popescu: (if this makes anyone feel better, there were likely people who complained about the .us tld, because neustar sent an email, received proof they asked for, declared themsleves satisfied)
mircea_popescu: darkee a lot of people have, and many were here reporting being paid.
darkee: nothing significant, ~20
darkee: still would like to have them ;D
darkee: nah it's ~20 real not power of anything, although 10^20 would be quite nice ^^
BTC-Mining: Guess I was lucky, was amongst the first to be paid and actually got paid.
copumpkin: I am known for being the most evil pumpkin in the land
mircea_popescu: darkee 20 is significant. some people never received anything but we put it down to rounding (which yes, is a horrible practice but what can you say)
Azelphur: copumpkin: don't forget that you're a fed too
darkee: yea guess I'll wait and see until tomorrow, not like I can actually do anything about it for now anyway
copumpkin: I'm thinking of maybe changing job
Azelphur: copumpkin: what you thinking of changing to? :p
mircea_popescu: copumpkin are you one of those otakus that think the janitor always works in a teenage prison school for girls, mostly cleans underwear off the floor and ends up fucking the entire roster ?
assbot: [MPEX] [S.MPOE] 4896 @ 0.00040845 = 1.9998 BTC [+]
assbot: [MPEX] [S.MPOE] 53800 @ 0.00040954 = 22.0333 BTC [+]
assbot: [MPEX] [S.MPOE] 14171 @ 0.0004097 = 5.8059 BTC [+]
assbot: [MPEX] [S.MPOE] 20302 @ 0.00041016 = 8.3271 BTC [+]
assbot: [MPEX] [S.MPOE] 41500 @ 0.00041038 = 17.0308 BTC [+]
assbot: [MPEX] [S.MPOE] 51200 @ 0.0004133 = 21.161 BTC [+]
assbot: [MPEX] [S.MPOE] 37164 @ 0.00041387 = 15.3811 BTC [+]
assbot: [MPEX] [S.MPOE] 43735 @ 0.00041511 = 18.1548 BTC [+]
assbot: [MPEX] [S.MPOE] 2675 @ 0.00041533 = 1.111 BTC [+]
assbot: [MPEX] [S.MPOE] 24800 @ 0.0004165 = 10.3292 BTC [+]
assbot: [MPEX] [S.MPOE] 2300 @ 0.00041693 = 0.9589 BTC [+]
assbot: [MPEX] [S.MPOE] 12700 @ 0.00041704 = 5.2964 BTC [+]
assbot: [MPEX] [S.MPOE] 12600 @ 0.0004171 = 5.2555 BTC [+]
assbot: [MPEX] [S.MPOE] 42400 @ 0.00041713 = 17.6863 BTC [+]
assbot: [MPEX] [S.MPOE] 58541 @ 0.0004183 = 24.4877 BTC [+]
assbot: [MPEX] [S.MPOE] 51100 @ 0.00041887 = 21.4043 BTC [+]
assbot: [MPEX] [S.MPOE] 17600 @ 0.00041934 = 7.3804 BTC [+]
assbot: [MPEX] [S.MPOE] 1508516 @ 0.00042 = 633.5767 BTC [+]
mircea_popescu: <Doffx> You have a chance to make Mpex the best thing out there I just dont think it will happen. <<
Doffx: I dunno the links you provided me just proves my point, she turns people away.
Doffx: I dont think it will happen and Ill be honest here.
Doffx: You and her turn people away with your personalities.
mircea_popescu: listen, are you aware in the us people aren't even ALLOWED to invest unless they have millions in property ?
Doffx: Not because I dont think you have the best product.
Doffx: I invest, I dont have to invest in the bullshit markets to invest.
Doffx: Ill be sitting pretty soon as this bullshit falls apart, provided I survive it.
Doffx: I dont want to talk about what I Invest in.
Doffx: Bitcoin, investments sure.
jurov: please at least enlighten us, which product is the best, then?
mircea_popescu: now, the us implementation of many things is the pits, but most of the principles behind it are sound.
Doffx: I'm not attacking you either mircea_popescu because I listen to your advice when I find it valuable.
mircea_popescu: the notion that you shouldn't allow absolutely anyone to "invest" is, imo, sound.
Doffx: You and the girl understand whats going on with all these complicated investment strats, I certainly dont get them.
mircea_popescu: i guess it's also very impopular, given the very particular ethos of the bitcoin community, but something being impopular doesn't make it any less sound.
jurov: hehe, czechoslovakia of 1990's with millions of shareholders comes to mind
mircea_popescu: jurov or the great depression. you know that legend of the guy who overheard his domestics discussing share investments and decided to sell evertrthing ?
mircea_popescu: Joseph Kennedy, father of the late John. F. Kennedy, made the family’s fortune by selling off all his stocks right before the 1929 crash. The carefully crafted media tale, says that Kennedy decided to sell his stocks after overhearing shoeshine boys speculating on the stock market.
BTC-Mining: the S.MPOE has a full 1 billion shares right?
mircea_popescu: (it already has, just 90mn of them are locked till ipo finishes)
assbot: [MPEX:S.DICE] 1day: 0.0032 / 0.0033525 / 0.00337 (75800 shares, 254.12 BTC), 30day: 0.0001 / 0.00300231 / 0.0034 (2040952 shares, 6,127.58 BTC)
gribble: Best bid: 11.86, Best ask: 11.8812, Bid-ask spread: 0.02120, Last trade: 11.85, 24 hour volume: 35604, 24 hour low: 11.43, 24 hour high: 12
BTC-Mining: 5 million valuation, earns ~10 - 25k per month
matthewh3: the ex GLBSE asset 'RSM' is now going to use 'coloured coin' to prove ownership and pay dividends. We will look at helping shareholders issue there own assets on Open-Transaction servers valued against there coloured coins. We had enough investment for 180(GH/s) of ASIC's and will be saving 50% of profits towards buying more ASIC's.
mircea_popescu: conceptually tho, i think shares should really work in 1k blocks. so you know, like 40 dollars for "traditional share"
BTC-Mining: The whole coloured coin and Open-Transaction thing seems like a mess.
BTC-Mining: How does one keeps track of their colored coins? One wallet for each?
mircea_popescu: There are other approaches, and the one I have taken is very simple, but it is a working solution (primitively duct-taped and glued together).
mircea_popescu: hm. this may not be such a good ideea with a live company
BTC-Mining: I'd personally stay clear of any such option until there's convenient options for coloured coins.
BTC-Mining: I mean, you have a BTC address tied to asset holders, just use that for communication
BTC-Mining: People can sign requests with their current BTC address
mircea_popescu: . It will be paid to the same address which is registered as the owner of the colored coins - but the receiver will need to be careful when spending the dividends, so it doesn't accidentally spend the transaction that represents the share.
mircea_popescu: while this is in principle a good ideea, the implementation is awful.
BTC-Mining: I can already see people accidentally spending them and people receiving random payments while holding said colored coins and being "wtf?"
mircea_popescu: not only that, but here's a problem : if someone makes 1bn shares of something, this means 1bn satoshi are now out of circulation
matthewh3: no the coloured coins are kept in there own blockchain.info/wallet and dividends go where you want
mircea_popescu: tieing total float to total satoshi float is impossible.'
matthewh3: then people can trade there ownership
mircea_popescu: this means there will never be more than 21`000`000`0000`0000 shares in total, of everything.
matthewh3: yes you can reuse coloured coins from dead assets
mircea_popescu: suppose PPT.A issued colored coins, that's some satoshis colored with PPT.A
mircea_popescu: can i use those satoshis for my new company ? no, i can not, they have to be dead forever.
BTC-Mining: Because if you have dead coins in your possession, you can retag them again for another company I guess.
mircea_popescu: otherwise i inject shareholders into my new company that have no relation to it (provided they kept their original PPT.A colored coins)
matthewh3: central stock exchanges defeat the very idea of bitcoin
BTC-Mining: <mircea_popescu> otherwise i inject shareholders into my new company that have no relation to it (provided they kept their original PPT.A colored coins)
matthewh3: coloured coins and smart property are the future
mircea_popescu: matthewh3 that's nonsense. bitcoin is bitcoin, not stock exchange.
BTC-Mining: No, because you don't have the coins from all shareholders
BTC-Mining: Just part of them and those get recolored.
mircea_popescu: BTC-Mining i was just envisaging a sort of ICANN mess for satoshi-colored property.
BTC-Mining: But doesn't affect shareholders who kept colored coins of dead assets.
mircea_popescu: BTC-Mining so then i could color some active companie's coins with my own colors, arbitrarily
mircea_popescu: now a guy holding that double colored coin can't get rid of only one of the two
BTC-Mining: Yes. Now the coins you colored have 2 colors.
mircea_popescu: dude you can't be creating medieval-style tokens of indivisible ownership
matthewh3: goes against your Mpex maybe but coloured coins and smart property are the future of bitcoin
mircea_popescu: if i thought the idea has any merit i could go in and dominate the lot of you lol.
BTC-Mining: I'm in favor of each company issuing their own centrally managed blockchain and leaving Bitcoins alone.
mircea_popescu: BTC-Mining this may work, especially with merged mining
mircea_popescu: tho it's quite the barrier to entry to new issuers, so there would be requirement for specialised issuers to service them
mircea_popescu: and then those mgiht want to only run 1 chain for all the assets they manage
mircea_popescu: (there's the problem of chainbloat, if you have 100 chains of 2gb each going on your hdd)
matthewh3: once bitcoin market cap goes up the governments will be interested and central exchanges will be the first target. with coloured coins p2p exchanges are possible.
assbot: [MPEX] [S.MPOE] 35581 @ 0.00040613 = 14.4505 BTC [-]
assbot: [MPEX] [S.MPOE] 20419 @ 0.00040609 = 8.292 BTC [-]
mircea_popescu: this may be a good point, but the problems are technical not political atm.
mircea_popescu: there's any number of ways to implement a p2p exchange, this one's pretty much a hack.
BTC-Mining: bah, best yet, have each issuer have their own 1 security exchange script and let people trade on it.
BTC-Mining: If the exchange fails, no other security is affected.
mircea_popescu: BTC-Mining the costs of maintaining this are non trivial.
mircea_popescu: rather than put each egg on top of a traffic light, you might be better off putting all eggs in one basket and watching that basket.
BTC-Mining: Well colored coins could work if they were on their own blockchain and were not divisible (1 coin = 1 share) and not recolorable.
BTC-Mining: You can then trade those coins for Bitcoins at whatever rate you wish.
BTC-Mining: You could even use the same address. Like if you have 1 sharecoin on address xyz, dividends in bitcoins are sent to bitcoin address xyz
BTC-Mining: You just have two clients watching a different blockchain but using the same address.
matthewh3: coloured coins can be traded at will p2p only at the moment the dividend address need changing manually on trading them.
cellofellow: I'm assuming you don't mean a peer to peer BTC-to-USD exchange? (That'd be cool, though. Not sure how it'd work though.)
mircea_popescu: have a 2ndary chain, which a. can be mergedmined with btc ; b. uses identical addressspace to btc ; has infinite number of coins.
mircea_popescu: BTC-Mining actually with a little help the main client could have a stocks tab
BTC-Mining: that's what we need. I'm pretty sure the sharecoin concept was already proposed however.
matthewh3: using coloured coins to prove ownership and pay dividends
BTC-Mining: matthewh, no colored bitcoins. I don't like the idea of mixing bitcoins with shares.
BTC-Mining: another blockchain using the same address space
matthewh3: I've already put up a bounty for continued coloured coins development
mircea_popescu: cellofellow tbh this would be a huge effort, nothing for 1 person. we're still playing around the outskirts of specifying it yet anyway.
mircea_popescu: something like, 1 share of each type existant per block mined ?
cellofellow: 1 coder-size jobs don't usually need much funding, but bigger ones would need to be, so once your ideas are somewhat concrete, you know what to do I guess.
matthewh3: then all we need is a p2p way to trade coloured coins for normal coin
BTC-Mining: mircea_popescu... eh... would have to think about that.
mircea_popescu: maybe fixed btc payment per block could work, if the entire thing is administered by some sort of central authority like a professional association of the stock exchanges
mircea_popescu: to make it purely uncentralised would really require some hm
BTC-Mining: I suppose the blockchain could support permanent tainting of coins by the current holders if signed by the holder's address
BTC-Mining: as such, to issue shares, an asset manager would have to buy blank coins from a miner
mircea_popescu: and there's no reward reduction, you just keep getting 1 bn new coins each block
mircea_popescu: so proposed is a paralel blockchain which can be mergedmined with btc and shares the same address space (ie, same key signatures as btc addresses)
mircea_popescu: miners get 1bn coins per block mined, and coins are perma-tained.
mircea_popescu: this could work as a support for a p2p stocks accounting system
mircea_popescu: whoever wants to issue shares has to buy the blanks from a miner that has them blank
Luke-Jr: TD and jgarzik are already working on some kind of smart property system within Bitcoin
Luke-Jr: that's what #bitcoin-dev is for
mircea_popescu: can you get a little over the procedural issues and just discuss on the merits ?
BTC-Mining: Why does it has to use the Bitcoin blockchain?
Luke-Jr: BTC-Mining: how else can you guarantee payment?
dub: might be better with a 'energy lite' coin like a PoS
BTC-Mining: Luke-Jr, by having both the sharecoins and bitcoins sharing the same address space
Luke-Jr: BTC-Mining: the way they're doing it, a single transaction changes ownership of the stock and also remits the payment for it
Luke-Jr: BTC-Mining: address space is irrelevant
BTC-Mining: the address holding the sharecoin gets paid the bitcoins
BTC-Mining: Aye, but having to isolate colored coins in the Bitcoin blockchain and provide a mechanism to not spend them yet receive Bitcoins directly on the same address seems unpractical.
Luke-Jr: BTC-Mining: and if he never gives the shares over?
Luke-Jr: BTC-Mining: Bitcoin-Qt 0.7 added a raw transaction API just for things like this
assbot: [MPEX] [S.MPOE] 31581 @ 0.00040609 = 12.8247 BTC [-]
assbot: [MPEX] [S.MPOE] 27419 @ 0.00040606 = 11.1338 BTC [-]
mircea_popescu: so prolly this idea is no good simply on the grounds that it has nop way to guarantee it.
BTC-Mining: Wait, if someone never gives the share? You mean like an exchange of colored coins/bitcoins being preauthorized so the exchange is made together safely?
Luke-Jr: there's a single transaction that transfers the payment (in Bitcoins) and also transfers the stocks
BTC-Mining: Well that would be a huge plus in favor of keeping everything on the same blockchain
Luke-Jr: imagine a day where cars check the blockchain to validate the key opening them :P
BTC-Mining: Yes, but with bitcoins being divisible indefinitly and being a deflationary currency, wouldn't you run into the risk a colored coin becoming more valuable than the underlying asset or being colored multiple time?
mircea_popescu: there are no more than 21`000`000`0000`0000 bitcoin units.
BTC-Mining: There's technically no limit to how much we could further allow it to be split.
BTC-Mining: Also any share blackholed would forever get dividends being blackholed...
BTC-Mining: Although I guess we could consider that a share donated to the whole bitcoin economy at large...
BTC-Mining: With dividends benefitting every holder.
BTC-Mining: Well no really, any blackholed dividends going to those shares would reduce circulating Bitcoins, raising value of remaining Bitcoins.
BTC-Mining: So it would really be like dividends spread to every other bitcoin holder.
Luke-Jr: BTC-Mining: the coloured coins are 0 value
Luke-Jr: amount = 0x0000000000000000 satoshis
Luke-Jr: Bitcoin does not have rule that coins must have a positive value
BTC-Mining: Wow... wasn't aware that was even possible
BTC-Mining: So basically anyone could create as much 0 value coins and mark them.
Luke-Jr: p2pool uses it for a hack merged mining optimization
Luke-Jr: I don't think any miners accept 0-value coins without a fee right now
BTC-Mining: Well technically, miners accept transactions with their set minimum fee, so shouldn't having a big enough fee along the zero value coins work?
Luke-Jr: Eligius will charge more than ordinary for a zero-value coin
BTC-Mining: Well we already pay fees to trade shares on exchanges like MPEx or defunct GLBSE
BTC-Mining: I don't see sending a fee with those zero value coins as a problem at all
BTC-Mining: tough luck mircea, he's no longer around
BTC-Mining: But I have just found a renewed love for Bitcoins over a feature I wasn't aware of.
mircea_popescu: people keep whining about jail ? fuck it, i see little problem in going to jail for bitcoin. i'm a bitcoin patriot.
assbot: [MPEX] [S.MPOE] 644 @ 0.00040741 = 0.2624 BTC [+]
assbot: [MPEX] [S.MPOE] 28856 @ 0.00040871 = 11.7937 BTC [+]
rdponticelli: Maybe I could concentrate a lot more if I was in jail...
mircea_popescu: ikr ? less bitches rubbing into me while im trying to type, more predictable schedule...
mircea_popescu: people with families have no business dicking around the fronteer.
mircea_popescu: especially not if they're going to whine about their families then.
rdponticelli: People with families are already on the dead end
Luke-Jr: ok, I guess you just kicked all the developers out of the bitcoin project…
mircea_popescu: Luke-Jr do you know of that guy that renounced us citizenship to be able to do cryptography in peace ?
noagendamarket: I wonder why you cant renounce citizenshipo while youre still in the country
Diablo-D3: you'll just be immediately arrested and deported
noagendamarket: if you try to tell the cops you have no citizenship they still tazer you :P
Diablo-D3: they'll just execute you for being a foreign spy
mircea_popescu: "There's less chance of getting in any trouble with the U.S. government and there's also less chance of getting shot by a terrorist"
assbot: [MPEX] [S.MPOE] 7300 @ 0.00040606 = 2.9642 BTC [-]
smickles: "I fail to faglow" wise words from mircea_popescu
assbot: [MPEX] [S.MPOE] 3181 @ 0.00040606 = 1.2917 BTC [-]
mircea_popescu: Mithridates married his first young sister Laodice. Laodice was 16 years old and was her brother’s first wife. Mithridates married Laodice to preserve the purity of their blood-line, as a wife to rule with him as a sovereign over Pontus, to ensure the succession to his legitimate children, and to claim his right as a ruling monarch.
smickles: oh no, bitcoin has taken over my mind
smickles: i just tried to use the command "ifcoinfig"
dub: but really, the 80s calledplease return their retarded tools
smickles: what do you use to find out an unknown local ip?
gribble: Current Blocks: 203469 | Current Difficulty: 3054627.5269486 | Next Difficulty At Block: 203615 | Next Difficulty In: 146 blocks | Next Difficulty In About: 23 hours, 45 minutes, and 56 seconds | Next Difficulty Estimate: 3061065.26839779 | Estimated Percent Change: 0.210753729952
gribble: Best bid: 11.86396, Best ask: 11.9897, Bid-ask spread: 0.12574, Last trade: 11.86396, 24 hour volume: 26620, 24 hour low: 11.43, 24 hour high: 11.9899
gribble: Error: "bt,24hrprc" is not a valid command.
gribble: Error: "bt,24hprc" is not a valid command.
assbot: [MPEX] [S.MPOE] 44619 @ 0.00040587 = 18.1095 BTC [-]
assbot: [MPEX] [S.MPOE] 11344 @ 0.00040871 = 4.6364 BTC [+]
assbot: [MPEX] [S.MPOE] 49348 @ 0.00040982 = 20.2238 BTC [+]
assbot: [MPEX] [S.MPOE] 55044 @ 0.00041087 = 22.6159 BTC [+]
assbot: [MPEX] [S.MPOE] 13600 @ 0.0004177 = 5.6807 BTC [+]
assbot: [MPEX] [S.MPOE] 6000 @ 0.00041888 = 2.5133 BTC [+]
assbot: [MPEX] [S.MPOE] 420045 @ 0.00042 = 176.4189 BTC [+]
dub: I herd kim dotcom sold some bitcoins
rdponticelli: Somebody is pretty determined to buy all the S.MPOE
rg: anyone here interested in ordering dinner for me
rg: i cant find anyone in -otc
dub: sure, If I get to choose what you have
dub: one full bag of hamster dicks enroute
BTC-Mining: Thing I don't like with that is it appears on my credit card/banking statements
BTC-Mining: Which would require me to convert more bitcoins to fiat to pay bills
BTC-Mining: I just don't want to explain that the money appearing in my account is not income but that I make credit card purchases for others.
BTC-Mining: I would actually like everything to be transactable directly into bitcoins...
BTC-Mining: I think I'd have to be registered as a money transfer service to make credit card payments for people and deduct them from income.
BTC-Mining: Otherwise if my tax reports are investigated, it's kind of hard to explain why you deducted a payment to a restaurant from your income.
dub: ./BTC-mining -vvvvvvvvvvvvvvvv
assbot: [MPEX] [S.MPOE] 10000 @ 0.00041999 = 4.1999 BTC [-]
assbot: [MPEX] [S.MPOE] 31128 @ 0.00042 = 13.0738 BTC [+]
pigeons: i dont have iproute2 either
dub: the binary is called 'ip'
pigeons: i did apt-file search, i see its in iproute, i don't have that installed
dub: anything debian based should have it stock
smickles: and dub, thanks for the recomendation of that tool :)
assbot: [MPEX] [S.MPOE] 33200 @ 0.00041552 = 13.7953 BTC [-]
dub: problem is that once in a blue moon someone will ask you to operate a less civilised unix and enragement will ensue as you fumble around without it
mircea_popescu: BTC-Mining are you kidding ? i deduct tons of restaurant bills.
assbot: [MPEX] [S.MPOE] 20943 @ 0.00042 = 8.7961 BTC [+]
dub: I'd consider a corporate chef type gig in a porno empire
dub: mircea_popescu: that is an abomination
TheSeven: yes, nice rpi extension board :)
assbot: [MPEX] [S.MPOE] 4099 @ 0.00042 = 1.7216 BTC [+]
copumpkin: just stalking mircea_popescu via -PR
copumpkin: I was just trying to figure out if she was a real person or just your feminine alter ego
BTC-Mining: uh, what's the problem with those shrimp pastas?
smickles: huh, so usagi keeps bumping the fuck out of that thread i started
smickles: and in one post he wrote "I'm going back to sleep and if Smickles posts this publicly I won't bother commenting here further. " which i don't understand because this post was, in fact, posted by him
smickles: mircea_popescu: show him when you cooked bacon that one time
BTC-Mining: Bitcointalk.org should have a tutorial when you register. You start in a cave and an old man says: "It's dangerous to go alone. Take this." Upon which point you receive a bag containing the following books: "Trolling for Dummies", "Living Among the Trolls", "Trollslaying 101" & "How to Troll Further"
smickles: didn't jcpham put it on youtube?
dub: mircea_popescu: I'll have to look again, but what flavor or seasoning? just the 'shrimp'?
mircea_popescu: heh you're not a food snob, you're an internet superficialist.
dub: also your roux is going to taste liks shit
dub: cause its cooked too quickly for one
assbot: [MPEX] [S.MPOE] 19864 @ 0.00041951 = 8.3331 BTC [-]
assbot: [MPEX] [S.MPOE] 22636 @ 0.00041639 = 9.4254 BTC [-]
dub: mircea_popescu: its not bad
dub: the roux cooked in there offends me a little
assbot: [MPEX] [S.MPOE] 8000 @ 0.00041766 = 3.3413 BTC [+]
mircea_popescu: He is currently the Frederick P. Rose Director of the Hayden Planetarium at the Rose Center for Earth and Space
mircea_popescu: i Bill Clinton mean this Barack Obama bullshit has to John Perry cease.
assbot: [MPEX] [O.BTCUSD.P200T] 6 @ 0.71152992 = 4.2692 BTC [-]
assbot: [MPEX] [O.BTCUSD.P170T] 1 @ 0.46756602 BTC [+]
assbot: [MPEX] [O.BTCUSD.P170T] 17 @ 0.45435043 = 7.724 BTC [-]
smickles: mircea_popescu: is the volume on options down recently?
mircea_popescu: During the week ending October 3rd, investors pulled more than 10 billion dollars out of U.S. mutual funds. Overall, a total of more than 100 billion dollars has been pulled out of U.S. mutual funds so far this year.
assbot: [MPEX] [S.MPOE] 4475 @ 0.00041639 = 1.8633 BTC [-]
smickles: mircea_popescu: how much money is usually pulled out of mutual funds?
mircea_popescu: overall they have some trillions under management, so it's not like they were crunched for half or anything
smickles: mircea_popescu: oh, so 'pulled out' was a net number?
gribble: There are currently 82972.165 bitcoins offered at or under 15.0 USD, worth 1112997.84801 USD in total.
gribble: This order would exceed the size of the order book. You would buy 132263.32 bitcoins, for a total of 2854946344805.6753 USD and take the price to 1337000001337.0000.
gribble: Current Blocks: 203491 | Current Difficulty: 3054627.5269486 | Next Difficulty At Block: 203615 | Next Difficulty In: 124 blocks | Next Difficulty In About: 20 hours, 13 minutes, and 8 seconds | Next Difficulty Estimate: 3062275.90012393 | Estimated Percent Change: 0.250386441812
assbot: [MPEX] [S.MPOE] 31400 @ 0.00041755 = 13.1111 BTC [+]
assbot: [MPEX] [S.MPOE] 6500 @ 0.00042 = 2.73 BTC [+]
Diablo-D3: BTC-Mining: its common to fake injury
BTC-Mining: No, no... They make those people out of glass
Diablo-D3: I hate sports, and dont watch soccer, but I know this
BTC-Mining: Nah, they abduct people, removes the bones and replace them with glass, then forces them to play and hit themselves.
assbot: [MPEX] [S.MPOE] 379 @ 0.00041639 = 0.1578 BTC [-]
smickles: ok, mircea_popescu i'm sure there's an arb op here b/t mpex options and the future on icbit.se
assbot: [MPEX] [S.MPOE] 2210 @ 0.00041639 = 0.9202 BTC [-]
assbot: [MPEX] [S.MPOE] 3304 @ 0.00041552 = 1.3729 BTC [-]
assbot: [MPEX] [S.MPOE] 11263 @ 0.00041522 = 4.6766 BTC [-]
dub: Your GLBSE account has been partially processed for bitcoin
assbot: [MPEX] [S.MPOE] 21592 @ 0.00042 = 9.0686 BTC [+]
mircea_popescu: the one time i looked (maybe a week or two ago) it was ~1btc
assbot: [MPEX] [S.MPOE] 3300 @ 0.0004169 = 1.3758 BTC [-]
assbot: [MPEX] [S.MPOE] 4400 @ 0.0004169 = 1.8344 BTC [-]
assbot: [MPEX] [S.MPOE] 27000 @ 0.0004169 = 11.2563 BTC [-]
assbot: [MPEX] [S.MPOE] 1400 @ 0.00041679 = 0.5835 BTC [-]
assbot: [MPEX] [S.MPOE] 7400 @ 0.00041586 = 3.0774 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00041586 = 2.0793 BTC [-]
assbot: [MPEX] [S.MPOE] 38127 @ 0.00041522 = 15.8311 BTC [-]
assbot: [MPEX] [S.MPOE] 773 @ 0.00041519 = 0.3209 BTC [-]
assbot: [MPEX] [S.MPOE] 7900 @ 0.00041787 = 3.3012 BTC [+]
assbot: [MPEX] [S.MPOE] 21673 @ 0.00041519 = 8.9984 BTC [-]
assbot: [MPEX] [S.MPOE] 19227 @ 0.00041517 = 7.9825 BTC [-]
jurov: smicklez is keen to contracts
mircea_popescu: MrTiggr Cannot GET /images/socnet/bitcoin-assets/bitcoin-assets-current.png
mircea_popescu: ahaha the "colored coins" stupidity is actually meni rosenfeld's idea ?
assbot: [MPEX] [S.MPOE] 5090 @ 0.00041751 = 2.1251 BTC [+]
assbot: [MPEX] [S.MPOE] 9910 @ 0.00041772 = 4.1396 BTC [+]
MrTiggr: mircea_popescu: i moved it, sorry
MrTiggr: im about to update the algorithm too
MrTiggr: soon, anyone who says the word scammer will get redder and redder
MrTiggr: well ..ill make it better over time
MrTiggr: a qwik look will tell where the scammer-talk is going on
MrTiggr: which is what i use it for mostly
MrTiggr: "I don't know how much GLBSE lost that day but I wouldn't be surprised if bad coding resulting in heavy losses was one of the reasons nefario wasn't making much money from the business."
MrTiggr: ^^ ive heard a few comments like that
mircea_popescu: i know they were carrying a buncha debt on the books since forever
MrTiggr: expect new coolness soon too :D mwahahaha .. i think u'll like it
mircea_popescu: "I don't have to dispute or even answer you, because you're a whacked out loser." hey smickles, you suck nao.
assbot: [MPEX] [S.MPOE] 1847 @ 0.00041716 = 0.7705 BTC [-]
assbot: [MPEX] [S.MPOE] 3500 @ 0.00041563 = 1.4547 BTC [-]
mircea_popescu: lmao so I get btctalk digests from my pr girl. this stuff is almost as funny as the forum itself. for instance :
mircea_popescu: no idea what's going on, i think last poster may be calling someone a turdlord or something but i cant actually tell. possible drugs.
dub: rampant inbreeding is the culprit
MrTiggr: * MrTiggr is now know as Turdlord ... thats a cool nichk :D
dub: for forums not your cat
mircea_popescu: course seeing how with old age i tend to do chicks in the ass more than in the cunt, i guess i could call my dick turdlord.
mircea_popescu: i never had a name for it before anyway, always kinda felt left out.
assbot: [MPEX] [S.MPOE] 32900 @ 0.00041455 = 13.6387 BTC [-]
EskimoBob: usagi is gone completely mad...LOL
DeaDTerra: I am happy to report that I have received the BTC I had at GLBSE
assbot: [MPEX] [S.MPOE] 5700 @ 0.00041455 = 2.3629 BTC [-]
dub: I got email saying I had been paid out but recieved no btc
EskimoBob: interesting. I haven't got any e-mails or coin
EskimoBob: Looks like this is a really slow process. Question is: why so slow
assbot: [MPEX] [S.MPOE] 8400 @ 0.00041392 = 3.4769 BTC [-]
assbot: [MPEX] [S.MPOE] 1500 @ 0.00041377 = 0.6207 BTC [-]
EskimoBob: I posted a updated contract and i think the issue of ART-OTA being a security is resolved.
assbot: [MPEX] [S.MPOE] 4900 @ 0.00041377 = 2.0275 BTC [-]
darkee: dub: had the same thing yesterday evening but got my coins in the course of the night :)
pigeons: did any glbse asset issuers receive shareholder information yet?
rdponticelli: I haven't, at least, and I don't know of anybody who has
dub: I've been at work for 20 hours
dub: more caffine at this point could be fatal
assbot: [MPEX] [S.MPOE] 100 @ 0.00041377 = 0.0414 BTC [-]
assbot: [MPEX] [S.MPOE] 5206 @ 0.00041377 = 2.1541 BTC [-]
assbot: [MPEX] [S.MPOE] 34100 @ 0.00041344 = 14.0983 BTC [-]
pigeons: maybe the doctor will put shim back on shis medicine
EskimoBob: and yes usagi, you are sick ... LOL
assbot: [MPEX] [S.MPOE] 1194 @ 0.00041316 = 0.4933 BTC [-]
assbot: [MPEX] [S.MPOE] 5853 @ 0.00041455 = 2.4264 BTC [+]
assbot: [MPEX] [S.MPOE] 15490 @ 0.00041772 = 6.4705 BTC [+]
assbot: [MPEX] [S.MPOE] 10363 @ 0.00041787 = 4.3304 BTC [+]
assbot: [MPEX] [S.MPOE] 41400 @ 0.00041275 = 17.0879 BTC [-]
assbot: [MPEX] [S.MPOE] 6037 @ 0.00041787 = 2.5227 BTC [+]
assbot: [MPEX] [S.MPOE] 8463 @ 0.00041843 = 3.5412 BTC [+]
drekk: mircea_popescu, did u actually send 3btc to 001sonkit on the forum?
EskimoBob: thestringpuller: the last comment is spot on
assbot: [MPEX] [S.MPOE] 16704 @ 0.00041275 = 6.8946 BTC [-]
assbot: [MPEX] [S.MPOE] 11933 @ 0.00041274 = 4.9252 BTC [-]
EskimoBob: if FSA says it not money, then wtf is nefario yapping about? Has he shown any documents taht prove he ever had ANY communications with any gov agency?
jcpham: i read as his interview as this: if i never log in to glbse again, I get nothing
assbot: [MPEX] [S.MPOE] 7000 @ 0.0004129 = 2.8903 BTC [+]
EskimoBob: gigavps: It is so easy to ask for the documents from gov. agency. Untill I see one, I think it's all one big BS
EskimoBob: I am sure we will find out soon, what the real reason was because of the shit slinging between tyhemos etc
assbot: [MPEX] [S.MPOE] 1900 @ 0.00041372 = 0.7861 BTC [+]
assbot: [MPEX] [S.MPOE] 7600 @ 0.00041372 = 3.1443 BTC [+]
assbot: [MPEX] [S.MPOE] 23000 @ 0.00041617 = 9.5719 BTC [+]
pigeons: ;rate EskimoBob -10 scammer isn't even a real eskimo
pigeons: pics with igloo on your head
EskimoBob: ;rate usagi -100 is not even a real girl
PsychoticBoy: as much of a G.I.R.L. as I am (Guy In Real Life)
EskimoBob: pigeons: picture of you flying and holding a bitcoin betwwen you peek
EskimoBob: pigeons: I actually rated you +2 after the trade
pigeons: i don't negotiate with terrorists
pigeons: so tell us what this "art equipment" is?
EskimoBob: "thestringpuller | you around" - yes I am. wzz up?
pigeons: i was half pickin on you and also genuinely curious
thestringpuller: I feel strange being a btc advocate and working for a credit card processor during the day
EskimoBob: what happened to Romeny tax return fiasco?
thestringpuller: as I told smickles I'm working on a (maybe open source) solution for bitinstants debit card
vampireb_: you need a bank to process transactions
EskimoBob: card reader can be plugged to a pc or laptop and client software
assbot: [MPEX] [S.MPOE] 800 @ 0.00041843 = 0.3347 BTC [+]
vampireb_: to do any kind of transactions with cards you need to connect to visa network
rg: that connects to visa
rg: direct connections to visa have volume limits
rg: *minimum volume limits
vampireb_: of course. 3rd party would be a bank
rg: there are companies who sell card readers
rg: card reader -> company -> visa
vampireb_: i have done my share of micro transafvtions and credit processing
rg: card reader -> company -> bank > visa
EskimoBob: if you have a card reader and a client, that can connect to blockchain?
rg: i used to manage a convenience store
rg: 5 years ago, still semi applies
rg: and we used to fight with credit all the time
rg: i was the one who discovered we were losing $100/mo
rg: we had a flat fee with AMEX
rg: so fi ONE person used amex to buy a $5 thing
rg: we'd get charged $100
rg: you just need the volume
rg: 1 amex transaction a month hardly justified the fee
vampireb_: ok used to be.. i dont recall rates, but it was about 3% while visa/mc was like 1.5%
rg: rates have all fluxed
rg: we only accepted visa/mc
rg: they had the best rates
vampireb_: well to issue a debit card, you need to have a help from a bank.
thestringpuller: vampireb_: you can have reloadable cards issued to your business but it requires a KYC check
rg: but not easy to do online
thestringpuller: vampireb_: but in terms of an OSS solution you would just use exsiting accounts
rg: if you were doing business IRL
thestringpuller: i have an amex prepaid card I liquidate btc to for buying lunch
thestringpuller: it's not seamless yet but with a few more tweaks it will be
vampireb_: well i am recalling from memory that someone was funding cards this way
rg: [14:38] <thestringpuller> i have an amex prepaid card I liquidate btc to for buying lunch
rg: hes the gyu who buys me food online
rg: i think nearly 80% of his cc transactions are me
thestringpuller: my division in TSYS (the cc processor I work for) processors rush card (the prepaid card by russell simmons for you def jam fans) and they have so many fees
thestringpuller: vampireb_: what i'm getting at is it takes a while to make the steps to liquidate into an account seamless, I want to make a solution anyone who wants to take the effort can set up on their own servers and spend cash with a prepaid card/debit card of their choosing
vampireb_: i am not sure what "liquidate" means, still you would need a 3rd party to process the transactions. which will be out of reach for a lot of ppl.
thestringpuller: process which transactions? converting from exchange->fiat?
vampireb_: so BTC -> exchange -> user's bank account -> card ?
thestringpuller: except in an automated batch processing world, each one of those "steps" is continuously happening each night to make it look like your doing btc -> card
vampireb_: i'd prefer of course just the card is getting funded from BTC on demand :-)
thestringpuller: you have to go through an exchange though at some point to resupply your fiat on the card
thestringpuller: if you automate that process then it seems like it's on demand
thestringpuller: even credit cards aren't processed on demand, they are only auth'ed on demand, VISA/MasterCard sends a signal directly to the processor, the processor checks the available balances of the accounts and sends back an auth response accepted/declined. only at night are the accounts truly reconciled. for btc why would it be any different?
thestringpuller: (eCommerce auth is some of the most optimized software out there)
vampireb_: that what I meant, only the required amount of BTC should be exchanged or locked during the auth
thestringpuller: you can make it perceived that way if you have pools in a warchest of sorts
thestringpuller: you have to hedge your holdings in order to overcome exchange fees so it's not traditional
thestringpuller: cause exchange rates are much higher than what visa charges processors
assbot: [MPEX] [S.MPOE] 27800 @ 0.00041843 = 11.6324 BTC [+]
MadalyInMay: You could also go www.btcpak.com -> Mp code -> Amex prepaid or Greendot
smickles: < mircea_popescu> sorry. | I forgive you ;)
smickles: thestringpuller: sounds like your idea is gaining some traction, eh?
assbot: [MPEX] [S.MPOE] 1467 @ 0.00041843 = 0.6138 BTC [+]
assbot: [MPEX] [S.MPOE] 19833 @ 0.00041858 = 8.3017 BTC [+]
smickles: < mircea_popescu> smickles it has volume now ? | volume 232780 usd (which probably translates into 23278 contracts traded) open interest 7114
assbot: [MPEX] [S.MPOE] 5300 @ 0.00041805 = 2.2157 BTC [-]
assbot: [MPEX] [S.MPOE] 1130 @ 0.000417 = 0.4712 BTC [-]
assbot: [MPEX] [S.MPOE] 11797 @ 0.00041858 = 4.938 BTC [+]
assbot: [MPEX] [S.MPOE] 15914 @ 0.0004189 = 6.6664 BTC [+]
assbot: [MPEX] [S.MPOE] 11589 @ 0.00041913 = 4.8573 BTC [+]
assbot: [MPEX] [S.MPOE] 28385 @ 0.0004172 = 11.8422 BTC [-]
assbot: [MPEX] [S.MPOE] 5350 @ 0.00041606 = 2.2259 BTC [-]
assbot: [MPEX] [S.MPOE] 10759 @ 0.00041576 = 4.4732 BTC [-]
assbot: [MPEX] [S.MPOE] 2650 @ 0.00041466 = 1.0988 BTC [-]
assbot: [MPEX] [S.MPOE] 25478 @ 0.0004151 = 10.5759 BTC [+]
assbot: [MPEX] [S.MPOE] 12446 @ 0.00041466 = 5.1609 BTC [-]
assbot: [MPEX] [S.MPOE] 32900 @ 0.00041778 = 13.745 BTC [+]
assbot: [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00300231 / 0.0034 (2040952 shares, 6,127.58 BTC)
assbot: [MPEX] [S.DICE] 1000 @ 0.00200001 = 2 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.002 = 0.2 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00181053 = 0.1811 BTC [-]
assbot: [MPEX] [S.DICE] 9474 @ 0.00181052 = 17.1529 BTC [-]
assbot: [MPEX] [S.DICE] 100 @ 0.00181051 = 0.1811 BTC [-]
assbot: [MPEX] [S.DICE] 3000 @ 0.0018105 = 5.4315 BTC [-]
assbot: [MPEX] [S.DICE] 37 @ 0.00180001 = 0.0666 BTC [-]
smickles: mircea_popescu: yeah, the gold and oil futures have near nil volume, but I was talking about the usd future
assbot: [MPEX] [S.MPOE] 15887 @ 0.00041466 = 6.5877 BTC [-]
smickles: it was trading at about 10 earlier
smickles: i was thinking there was a play like long the future, buy a put
mircea_popescu: well im too lazy to dig up whatever acct details i made up whenever.
smickles: mircea_popescu: at such volume that i picked up about 200 below 11.4
smickles: that supposedly represents 2000 usd
mircea_popescu: THAT's why he was talking completely unwarranted shit about mpex ?
mircea_popescu: fuckwit. what's he waiting for, me to give him free shares ?
smickles: "let's find an exchange that isn't mpex or glbse" (meanwhile he part owns what is likely the runner up of those two)
mircea_popescu: anyway. i was gonna say it's somewhat unlikely they actually have the means to pay if the price moves significantly, but maybe some btcs are worth the next generation of btctalk drama
mircea_popescu: smickles no, it was "o, this thing i made SUCKS and it was badly managed and it's pure bulshit and a scam heaven"
mircea_popescu: "we must find something other than that and this other thing which works"
smickles: mircea_popescu: it's person to person contract sales with forced margin calls if the shit hits the fan, sound familiar?
mircea_popescu: anyway, i should hope he has learned his lesson on the forum.
mircea_popescu: i guess if not he'll have plenty more opportunities in the future anyway.
smickles: i understand he's younger than me, so he should have plenty of future
smickles: as far as i knew, deepbit and theymos were interchangable
mircea_popescu: so this is going to be the next nexus of bitidiocy then ?
assbot: [MPEX] [S.MPOE] 45000 @ 0.00041522 = 18.6849 BTC [+]
assbot: [MPEX] [S.MPOE] 21844 @ 0.00041778 = 9.126 BTC [+]
assbot: [MPEX] [S.MPOE] 3897 @ 0.00041913 = 1.6333 BTC [+]
assbot: [MPEX] [S.MPOE] 20675 @ 0.00041926 = 8.6682 BTC [+]
assbot: [MPEX] [S.MPOE] 108584 @ 0.00042 = 45.6053 BTC [+]
smickles: lol, mircea_popescu, what's up with your /c crowd? they have a huge naruto cosplay thread capped off a pic of a couple dozen slave leias
thestringpuller: a btc entrepreneur working for a credit card processor. irony...
jurov: that rosenfeld question
mircea_popescu: how am i enigmatic ffs. i'm like... the only person in btc using their name, my mug is all over my blog
mircea_popescu: i'm about as enigmatic as captain fried chicken restaurant, what's his name
jurov: i think you're enigmatic for americans.. completely different culture
mircea_popescu: nowadays. it was merely started to suck back in the early prev decade
mircea_popescu: and my mysterious organisation kept me well insulated from most of it anyway.
jurov: i know you lived there, but seems you did not adapt very much
thestringpuller: so youve been using the internet a long time mircea_popescu
pigeons: mircea_popescu used the internet when it was called compuserve
thestringpuller: telling stories of days of usenet past, when bbs ruled the modems
thestringpuller: is bitcoin really the last bastion against the eternal september?
mircea_popescu: but i did use it at a time when naked girls made out of letters counted as porn
thestringpuller: but it is sad to see ignorance running rampant like a disease
mircea_popescu: bitcoin is made up roughly by thirds : one third is very intelligent but softspoken and a little aspie tech people ; one third is unabashed scammers ; one third is purest form of idiot
thestringpuller: the first 1/3 will end up controlling the bitcoin world when the other 2/3 annihilate each other
smickles: i see thestringpuller is an optimist
mircea_popescu: finance people will control the bitcoin world. they are moving in but very slowly (mostly because they have trouble distinguishing A and C, and despise B)
smickles: bah imsaguy2 should get BAK so that he can sign the s²cm report
smickles: this is the problem, the way my desk faces, he is behind me
smickles: he basically sneaks around my back, day and night
smickles: well, in the sense that we live on the same land mass
smickles: i think he's about 2000 miles away
mircea_popescu: actually, this could be a kickass research paper. all the social groups meeting around btc have serious trouble distinguishing the others.
mircea_popescu: scammers don't well distinguish the tech from the idiots
mircea_popescu: tech people don't well distinguish the finance ppl from the scammers
assbot: [MPEX] [S.MPOE] 26887 @ 0.00042 = 11.2925 BTC [+]
assbot: [MPEX] [S.MPOE] 2706298 @ 0.00042 = 1136.6452 BTC [+]
assbot: [MPEX] [S.MPOE] 28618 @ 0.00042015 = 12.0239 BTC [+]
assbot: [MPEX] [S.MPOE] 8528 @ 0.00042042 = 3.5853 BTC [+]
assbot: [MPEX] [S.MPOE] 3300 @ 0.00042061 = 1.388 BTC [+]
assbot: [MPEX] [S.MPOE] 40700 @ 0.00042076 = 17.1249 BTC [+]
assbot: [MPEX] [S.MPOE] 4200 @ 0.00042085 = 1.7676 BTC [+]
assbot: [MPEX] [S.MPOE] 904 @ 0.00042122 = 0.3808 BTC [+]
assbot: [MPEX] [S.MPOE] 28300 @ 0.00042144 = 11.9268 BTC [+]
assbot: [MPEX] [S.MPOE] 15100 @ 0.0004218 = 6.3692 BTC [+]
assbot: [MPEX] [S.MPOE] 11000 @ 0.00042206 = 4.6427 BTC [+]
assbot: [MPEX] [S.MPOE] 33300 @ 0.00042244 = 14.0673 BTC [+]
assbot: [MPEX] [S.MPOE] 27000 @ 0.00042267 = 11.4121 BTC [+]
assbot: [MPEX] [S.MPOE] 58900 @ 0.00042268 = 24.8959 BTC [+]
assbot: [MPEX] [S.MPOE] 5400 @ 0.00042356 = 2.2872 BTC [+]
assbot: [MPEX] [S.MPOE] 28452 @ 0.00042375 = 12.0565 BTC [+]
gribble: Best bid: 11.80902, Best ask: 11.8199, Bid-ask spread: 0.01088, Last trade: 11.82, 24 hour volume: 41258, 24 hour low: 11.5, 24 hour high: 11.99
BTC-Mining: Nah, probably just a single market maker
jurov: just got an idea, should go make mtgoxlive-style interface for mpex
jurov: so that there will be lively wall-watching discussions
assbot: [MPEX] [S.MPOE] 8848 @ 0.00042375 = 3.7493 BTC [+]
assbot: [MPEX] [S.MPOE] 43900 @ 0.00042388 = 18.6083 BTC [+]
assbot: [MPEX] [S.MPOE] 2252 @ 0.00042393 = 0.9547 BTC [+]
jurov: yea, and with lemmings
jurov: but i suck at js... will prolly hire someone
mircea_popescu: real men dereference the pointers in the order they created them.
jurov: mircea, when thinking about the three groups of bitcoiners, do you realize MPOE-PR repulses not just the idiots, but also many aspies as well?
jurov: i have seen jgarzik himself complaining about her
smickles: anyone here interested in the s²cm financial report?
jurov: and sorry smickles, i pulled out of SS and glbse as whole day before it was closed
mircea_popescu: i'm sure the tech people will at some point get over their inertia, do their research etc.
thestringpuller: looks like jeff didn't like mpoe-pr's "trolling" on the forums
smickles: jurov: heh, no need to be sorry. There's a lot of uncertanty out there
jurov: the response to coinbr announcement was very poor so far. and i feel mpoe-pr isn't exactly helping.
jurov: in "poor" i don't mean comments but actual new accounts
assbot: [MPEX] [S.MPOE] 47400 @ 0.00041834 = 19.8293 BTC [-]
mircea_popescu: i recall kakobrekla complaining about poor smpake uptake a few weeks ago too, for that matter. i doubt it has anything to do with the girl.
jurov: any ideas where it's good to market? at first i have tried to find any doscussions about mpex
mircea_popescu: jurov well i can tell you forum advertising has a horrible roi
jurov: but it turned out there isn't anything much outside btctalk
mircea_popescu: it's possible a good idea to snipe people who complain about how "difficult" or w./e mpex is,
mircea_popescu: (as in, excuses as to why they either don't have the money or the interest to trade, not causes)
mircea_popescu: im not doing anything on reddit, so that might be a good spot.
mircea_popescu: tho iirc it's mostly btc-hostile (apart from btc people trying to keep a foothold)
jurov: no, i never planned that. just add it to relevant topics
jurov: <mircea_popescu> im not doing anything on reddit, so that might be a good spot... loool you forgot what i wrote yesterday? reddit reception was much worse than btctalk
mircea_popescu: jurov so therefore the girl is actually helping you lol
mircea_popescu: no, just, random idiot is a little less prone to start running his mouth for fear she might "troll him"
thestringpuller: when you control the btc market mircea_popescu give me one whitehouse intern
mircea_popescu: why not get your own ? they're not that hard you know.
jurov: w000t google has free charts api... no messing with js
assbot: [MPEX] [S.MPOE] 22819 @ 0.00042006 = 9.5853 BTC [+]
assbot: [MPEX] [S.MPOE] 36700 @ 0.00042115 = 15.4562 BTC [+]
assbot: [MPEX] [S.MPOE] 8700 @ 0.0004213 = 3.6653 BTC [+]
assbot: [MPEX] [S.MPOE] 4273 @ 0.0004176 = 1.7844 BTC [-]
assbot: [MPEX] [S.MPOE] 10027 @ 0.0004175 = 4.1863 BTC [-]
assbot: [MPEX] [S.MPOE] 12900 @ 0.00041778 = 5.3894 BTC [+]
assbot: [MPEX] [S.MPOE] 3000 @ 0.00042127 = 1.2638 BTC [+]
assbot: [MPEX] [S.MPOE] 853 @ 0.00041824 = 0.3568 BTC [-]
assbot: [MPEX] [S.MPOE] 8500 @ 0.00041817 = 3.5544 BTC [-]
mircea_popescu: smickles what's the difference between cosplay and dressing as slave leila anyway ?!
thestringpuller: mircea_popescu: there are 19 year olds who think they know philosophy better than the creators?
thestringpuller: meh when I was 19 I learned what "know thyself" truly meant, in conjunction with to truly learn you must admit you know nothing and always seek answers
jcpham: yeah ilearned that too
jcpham: i'm a member of certain masonic and fraternal organizations
jcpham: they teach you that you know nothing thing
mircea_popescu: thestringpuller self esteem and all sorts of retardedness, like no more at home beatings.
jcpham: is this the official channel of all things bitcoin divisible as an asset
thestringpuller: mircea_popescu I don't know if you've seen Chappelle's Show, but there is this episode where this "white family" gives timeout to this hoodlum kid for "mouthing off". So he goes up to his room picks up a dirty mag and says, "timeout rules"
assbot: [MPEX] [S.MPOE] 22349 @ 0.00041792 = 9.3401 BTC [-]
assbot: [MPEX] [S.MPOE] 25500 @ 0.00041989 = 10.7072 BTC [+]
assbot: [MPEX] [S.MPOE] 34600 @ 0.0004213 = 14.577 BTC [+]
assbot: [MPEX] [S.MPOE] 33400 @ 0.00042154 = 14.0794 BTC [+]
assbot: [MPEX] [S.MPOE] 7000 @ 0.00042393 = 2.9675 BTC [+]
thestringpuller: I was never beaten as a kid, but I learned to respect mah folks.
assbot: [MPEX] [S.MPOE] 2151 @ 0.00042425 = 0.9126 BTC [+]
mircea_popescu: kids must know they're fully available and will be used.
smickles: mircea_popescu: nothing, but that thread was all _naruto_ cosplay until the leia cosplay
smickles: and it was a massive amount of naruto cosplay
assbot: [MPEX] [S.MPOE] 31200 @ 0.00042233 = 13.1767 BTC [-]
thestringpuller: to be honest from the picture on your blog I would think you were in your 20's
assbot: [MPEX] [S.MPOE] 39973 @ 0.0004175 = 16.6887 BTC [-]
assbot: [MPEX] [S.MPOE] 1527 @ 0.00041748 = 0.6375 BTC [-]
assbot: [MPEX] [S.MPOE] 17000 @ 0.00041835 = 7.112 BTC [+]
smickles: i think i spelled it wrong the first time
assbot: [MPEX] [S.MPOE] 20400 @ 0.00041793 = 8.5258 BTC [-]
assbot: [MPEX] [S.MPOE] 10700 @ 0.00041748 = 4.467 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 100 @ 0.0629201 = 6.292 BTC [-]
assbot: [MPEX] [S.MPOE] 1562 @ 0.00041835 = 0.6535 BTC [+]
assbot: [MPEX] [S.MPOE] 4100 @ 0.00041937 = 1.7194 BTC [+]
assbot: [MPEX] [S.MPOE] 9400 @ 0.00042015 = 3.9494 BTC [+]
assbot: [MPEX] [S.MPOE] 16330 @ 0.00042015 = 6.861 BTC [+]
assbot: [MPEX] [S.MPOE] 25773 @ 0.00041748 = 10.7597 BTC [-]
assbot: [MPEX] [S.MPOE] 4347 @ 0.00041745 = 1.8147 BTC [-]
assbot: [MPEX] [S.MPOE] 48012 @ 0.00042051 = 20.1895 BTC [+]
assbot: [MPEX] [S.MPOE] 6190 @ 0.00042051 = 2.603 BTC [+]
assbot: [MPEX] [S.MPOE] 44853 @ 0.00041745 = 18.7239 BTC [-]
assbot: [MPEX] [S.MPOE] 457 @ 0.0004174 = 0.1908 BTC [-]
assbot: [MPEX] [S.MPOE] 26800 @ 0.00042087 = 11.2793 BTC [+]
assbot: [MPEX] [S.MPOE] 9700 @ 0.00041867 = 4.0611 BTC [-]
assbot: [MPEX] [S.MPOE] 3343 @ 0.0004174 = 1.3954 BTC [-]
assbot: [MPEX] [S.MPOE] 13800 @ 0.0004171 = 5.756 BTC [-]
assbot: [MPEX] [S.MPOE] 21200 @ 0.0004167 = 8.834 BTC [-]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00041639 = 2.9564 BTC [-]
assbot: [MPEX] [S.MPOE] 6300 @ 0.00041597 = 2.6206 BTC [-]
assbot: [MPEX] [S.MPOE] 23200 @ 0.00041597 = 9.6505 BTC [-]
assbot: [MPEX] [S.MPOE] 1600 @ 0.00041591 = 0.6655 BTC [-]
assbot: [MPEX] [S.MPOE] 30500 @ 0.00041591 = 12.6853 BTC [-]
assbot: [MPEX] [S.MPOE] 9100 @ 0.00041591 = 3.7848 BTC [-]
assbot: [MPEX] [S.MPOE] 17088 @ 0.00041582 = 7.1055 BTC [-]
assbot: [MPEX] [S.MPOE] 10980 @ 0.00041605 = 4.5682 BTC [+]
assbot: [MPEX] [S.MPOE] 26500 @ 0.00041646 = 11.0362 BTC [+]
assbot: [MPEX] [S.MPOE] 11020 @ 0.00041737 = 4.5994 BTC [+]
EskimoBob: thanks kakobrekla, this has some really interesting information.
assbot: [MPEX] [S.MPOE] 21637 @ 0.00041737 = 9.0306 BTC [+]
assbot: [MPEX] [S.MPOE] 5063 @ 0.00041748 = 2.1137 BTC [+]
EskimoBob: for start, it proves that no matter what money/coin is used, it still ends up in the hands of 1%
assbot: [MPEX] [S.MPOE] 4122 @ 0.00041802 = 1.7231 BTC [+]
assbot: [MPEX] [S.MPOE] 40100 @ 0.00042015 = 16.848 BTC [+]
assbot: [MPEX] [S.MPOE] 4788 @ 0.00042087 = 2.0151 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00042106 = 2.9895 BTC [+]
assbot: [MPEX] [S.MPOE] 25600 @ 0.00042121 = 10.783 BTC [+]
assbot: [MPEX] [S.MPOE] 22000 @ 0.00042125 = 9.2675 BTC [+]
assbot: [MPEX] [S.MPOE] 11290 @ 0.00042136 = 4.7572 BTC [+]
assbot: [MPEX] [S.MPOE] 100 @ 0.00042136 = 0.0421 BTC [+]
assbot: [MPEX] [O.BTCUSD.P120T] 650 @ 0.11358979 = 73.8334 BTC [-]
assbot: [MPEX] [O.BTCUSD.C100T] 650 @ 0.2194982 = 142.6738 BTC [+]
assbot: [MPEX] [S.MPOE] 11700 @ 0.00041811 = 4.8919 BTC [-]
gribble: Best bid: 11.82665, Best ask: 11.8277, Bid-ask spread: 0.00105, Last trade: 11.93505, 24 hour volume: 23156, 24 hour low: 11.7, 24 hour high: 11.95998
assbot: [MPEX] [S.MPOE] 6824 @ 0.00041744 = 2.8486 BTC [-]
assbot: [MPEX] [S.MPOE] 23976 @ 0.00041733 = 10.0059 BTC [-]
assbot: [MPEX] [S.MPOE] 20400 @ 0.00041811 = 8.5294 BTC [+]
assbot: [MPEX] [S.MPOE] 10724 @ 0.00041866 = 4.4897 BTC [+]
assbot: [MPEX] [S.MPOE] 18752 @ 0.00041866 = 7.8507 BTC [+]
assbot: [MPEX] [S.MPOE] 12900 @ 0.0004207 = 5.427 BTC [+]
BTC-Mining: eh, it looks like it would now take something like 200 months for getting back your investment in interests on S.MPOE
assbot: [MPEX] [S.MPOE] 25200 @ 0.00042064 = 10.6001 BTC [-]
assbot: [MPEX] [S.MPOE] 6201 @ 0.00042045 = 2.6072 BTC [-]
rg: I JUST WANNA BANG ON MIRCEA'S SLUTS ALL DAY
assbot: [MPEX] [S.MPOE] 42500 @ 0.00042045 = 17.8691 BTC [-]
rg: copumpkin: not soon enough
rg: my cheap ass employer is 'shopping for immigration lawyers'
rg: they were setup with a perfectly fine guy
rg: he did the immigration for my friend from Ukraine -> UK
dub: still moving to scamtown?
rg: who also works at the company
rg: but he wants to be paid, obviously
rg: and they dont wanna pay him
dub: dammit now i've go tto play
rg: their cheapskatery is inhibiting my employment
assbot: [MPEX] [S.MPOE] 599 @ 0.00042045 = 0.2518 BTC [-]
assbot: [MPEX] [S.MPOE] 8848 @ 0.0004203 = 3.7188 BTC [-]
assbot: [MPEX] [S.MPOE] 2753 @ 0.00042004 = 1.1564 BTC [-]
copumpkin: rg: tell them to quit being assholes
rg: i talked to them the other weke
rg: a friend who works there was ordered to do a report
rg: and i helped him with it
rg: meaning i got credit on it
rg: so when he presented i
rg: my name was plastered all over the bulk of it
rg: so they were like ohh shit... hes already doing work for us
rg: i got an email the next day
assbot: [MPEX] [S.MPOE] 8917 @ 0.00042058 = 3.7503 BTC [+]
assbot: [MPEX] [S.MPOE] 28783 @ 0.00042058 = 12.1056 BTC [+]
assbot: [MPEX] [S.MPOE] 14917 @ 0.00042004 = 6.2657 BTC [-]
assbot: [MPEX] [S.MPOE] 21300 @ 0.00042004 = 8.9469 BTC [-]
assbot: [MPEX] [S.MPOE] 11700 @ 0.00042064 = 4.9215 BTC [+]
assbot: [MPEX] [S.MPOE] 15500 @ 0.00042064 = 6.5199 BTC [+]
assbot: [MPEX] [S.MPOE] 31833 @ 0.0004207 = 13.3921 BTC [+]
assbot: [MPEX] [S.MPOE] 41017 @ 0.00042008 = 17.2304 BTC [-]
assbot: [MPEX] [S.MPOE] 3083 @ 0.00042004 = 1.295 BTC [-]
assbot: [MPEX] [S.MPOE] 3510 @ 0.0004207 = 1.4767 BTC [+]
assbot: [MPEX] [S.MPOE] 6757 @ 0.0004207 = 2.8427 BTC [+]
assbot: [MPEX] [S.MPOE] 4493 @ 0.00042136 = 1.8932 BTC [+]
assbot: [MPEX] [S.MPOE] 23750 @ 0.00042155 = 10.0118 BTC [+]
assbot: [MPEX] [S.MPOE] 53600 @ 0.00042046 = 22.5367 BTC [-]
assbot: [MPEX] [S.MPOE] 44500 @ 0.00042071 = 18.7216 BTC [+]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00042046 = 2.3966 BTC [-]
assbot: [MPEX] [S.MPOE] 7708 @ 0.00042004 = 3.2377 BTC [-]
assbot: [MPEX] [S.MPOE] 23992 @ 0.00041869 = 10.0452 BTC [-]
assbot: [MPEX] [S.MPOE] 12300 @ 0.00042071 = 5.1747 BTC [+]
assbot: [MPEX] [S.MPOE] 5900 @ 0.00042155 = 2.4871 BTC [+]
assbot: [MPEX] [S.MPOE] 15800 @ 0.00041869 = 6.6153 BTC [-]
assbot: [MPEX] [S.MPOE] 10813 @ 0.00041869 = 4.5273 BTC [-]
assbot: [MPEX] [S.MPOE] 10678 @ 0.00041793 = 4.4627 BTC [-]
assbot: [MPEX] [S.MPOE] 18640 @ 0.00042155 = 7.8577 BTC [+]
assbot: [MPEX] [S.MPOE] 8294 @ 0.00042219 = 3.5016 BTC [+]
assbot: [MPEX] [S.MPOE] 5866 @ 0.00042224 = 2.4769 BTC [+]
assbot: [MPEX] [O.BTCUSD.P120T] 6 @ 0.10801886 = 0.6481 BTC [-]
assbot: [MPEX] [S.MPOE] 7804 @ 0.00042224 = 3.2952 BTC [+]
assbot: [MPEX] [S.MPOE] 31900 @ 0.00042052 = 13.4146 BTC [-]
assbot: [MPEX] [S.MPOE] 9700 @ 0.00042052 = 4.079 BTC [-]
assbot: [MPEX] [O.BTCUSD.P100T] 3 @ 0.04567205 = 0.137 BTC [-]
assbot: [MPEX] [S.MPOE] 6012 @ 0.00041853 = 2.5162 BTC [-]
assbot: [MPEX] [S.MPOE] 2822 @ 0.00041793 = 1.1794 BTC [-]
assbot: [MPEX] [S.MPOE] 34900 @ 0.00041769 = 14.5774 BTC [-]
assbot: [MPEX] [S.MPOE] 5100 @ 0.00041759 = 2.1297 BTC [-]
assbot: [MPEX] [S.MPOE] 44000 @ 0.00041759 = 18.374 BTC [-]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00041743 = 4.55 BTC [-]
assbot: [MPEX] [S.MPOE] 25577 @ 0.00041743 = 10.6766 BTC [-]
thestringpuller: ive been reading your blog and taking metrics for my business project
assbot: [MPEX] [S.MPOE] 3100 @ 0.00045824 = 1.4205 BTC [-]
assbot: [MPEX] [S.MPOE] 105 @ 0.0004601 = 0.0483 BTC [+]
assbot: [MPEX] [S.MPOE] 48300 @ 0.00045738 = 22.0915 BTC [-]
assbot: [MPEX] [S.MPOE] 40163 @ 0.0004557 = 18.3023 BTC [-]
assbot: [MPEX] [S.MPOE] 15400 @ 0.00045383 = 6.989 BTC [-]
assbot: [MPEX] [S.MPOE] 31700 @ 0.00045326 = 14.3683 BTC [-]
assbot: [MPEX] [S.MPOE] 32171 @ 0.00044274 = 14.2434 BTC [-]
mircea_popescu: dude, srsly, it's very nice to wake up, log in, and see you're worth 30k btc more now
mircea_popescu: it's been making money all around, you should ask smickles about mpoe.etf history.
mircea_popescu: originally my stock was offered in a ballot system (anyone could send money, fixed block would be allocated proportionally at the end of an interval)
mircea_popescu: he ran this glbse thing collecting investment and subscribing it in that programme
mircea_popescu: ended up with ~1.2 btc of stock for each .1 invested originally.
mircea_popescu: course it doesn't actually have the mkt depth to liquidate for 6mn, and anyway the contract prevents me from selling more than half.
mircea_popescu: so it's not really realisable as it is. but still nice.
mircea_popescu: what haters tho ? everyone's been very supportive since day one.
thestringpuller: qq real quick off topic sorta: why is s.dice illiquid atm?
assbot: [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00298094 / 0.0034 (1988753 shares, 5,928.36 BTC)
mircea_popescu: somebody had a nice analysis thread in forum, do you have a link ?
mircea_popescu: anyway you need significant capital to mm that. it's a 400k-ish float object
thestringpuller: someone posted some numbers stating the roi on the sdice dividends is over a year
mircea_popescu: i think many people buy/sell based on the immediate dividends expectation
Diablo-D3: thats what pissed all the DMC shareholders off
mircea_popescu: and since past few days it lost ~2k... i guess dividend doesn't look like much
Diablo-D3: they suddenly discovered DMC wasnt a scam and tried to get nefario to shut it down
mircea_popescu: so they're selling, taking a 15% loss on their capital investment to avoid a 3% unrealised gain
Diablo-D3: because you still have the asset in the end
Diablo-D3: mircea_popescu: man, apple is such bullshit
mircea_popescu: Diablo-D3 bigger problem : do you think btc income will be as cheap in 12 months as it is today ?
mircea_popescu: look at the history. making a new btc used to cost <1 btc a year ago
Diablo-D3: they have lower $300 billion in assets, their brand is not worth the rest
Diablo-D3: mircea_popescu: dude, I sold a large chunk of btc when we crossed $1 thinking it would never cross that
mircea_popescu: Diablo-D3 i know it's bullshit. i'd short it if i could guess when
mircea_popescu: many of the early people were "usd parity ?! ?! ??!?!?! ridiculous!!!!!"
mircea_popescu: thestringpuller that is what makes btc generators so valuable.
mircea_popescu: in 5 year's time (ie, 60 months) will you be willing to fight with the miners for a new 12 or 6 btc block ?
mircea_popescu: (which meanwhile floated up to reflect the new competition in aquiring btc)
thestringpuller: thats like asking a guy would he rather go on a gold.expedition or get paid interest on a huge swiss bank account
mircea_popescu: that's the angle i see for sdice. there's this revenue stream in pure btc. there's others, but they are dwindling.
Diablo-D3: mircea_popescu: I dunno though, I find it sad the normal stock market makes sense to me but bitcoin doesnt
mircea_popescu: Diablo-D3 i wouldn't go as far as to say it makes sense to me.
Diablo-D3: I dunno, I could make money on an average day if I was into that shit
Diablo-D3: also, if I had money to be into that shit :<
mircea_popescu: Diablo-D3 if you think in monetary mass terms then volume in btc IS HUGE.
mircea_popescu: that 5k s.dice traded this month ? sure, it's "just" 60k
mircea_popescu: find me a stock that trades 0.001% of the usd monetary mass irl.
mircea_popescu: so people have this bad reference of thinking in usd value. think M3%
mircea_popescu: if anyone here plays those rts games where there's like 8 or 100 players and king of the hill ?
mircea_popescu: that's kinda what btc is really. we're all vieing for a 21mn btc hill.
thestringpuller: if manufacturers start accepting btc.there will be no need to dump
mircea_popescu: thestringpuller nah. i need to fucking get my physical delivery futures already
thestringpuller: i feel as tho btc wll be the free iternet currency and will have liquidity to other currencies
mircea_popescu: the internet-rl distinction is irrelevant from internet's pov.
mircea_popescu: it's like making a victorian society - "modern" society distinction cca 1880.
assbot: [MPEX] [S.MPOE] 19500 @ 0.00043535 = 8.4893 BTC [-]
mircea_popescu: it makes sense from the past pov, but from the future wtf does this "modern" mean. o, not like you're used to ? heh.
Diablo-D3: [08:13:09] <mircea_popescu> Diablo-D3 if you think in monetary mass terms then volume in btc IS HUGE.
Diablo-D3: btc volume, for what it is, is pretty big
Diablo-D3: its gigantic if you consider the fact we dont have an economy
mircea_popescu: ill feel a lot better about my options once mtgox volume permanently stabilizes under 10k a day
thestringpuller: ecommerce cost about 7% per transaction at the end of the day
Diablo-D3: I assume you mean week average per day
mircea_popescu: Diablo-D3 i mean less than a day per month with over 10k
Diablo-D3: monday and friday always have retard traffic
mircea_popescu: its so sad mtgox missed the change to be called derpox
Diablo-D3: we'd have an influx of /b/tards and bronies
mircea_popescu: thestringpuller they're the ppl trying to get a card going, neh ?
Diablo-D3: sometimes I venture into other parts of the forum and dont like what I see
mircea_popescu: thestringpuller hey, unless it somehow blows up in their face its a good thing i think
Diablo-D3: have you seen the bitinstant fee schedule?
Diablo-D3: so yeah, I think its legit and safe
Diablo-D3: mircea_popescu: ->paypal, 6% + paypal fees
Diablo-D3: they're pretty fast at what they do
assbot: [MPEX] [S.DICE] 255 @ 0.00339997 = 0.867 BTC [+]
assbot: [MPEX] [S.DICE] 545 @ 0.00339998 = 1.853 BTC [+]
thestringpuller: gonna use.moneygram/western union as the insts transaction
Diablo-D3: surprised they dont try a chinese version
mircea_popescu: Diablo-D3 you know i have a bunch of chinese people on mpex ?
mircea_popescu: one dood was whining about having to keep move strings from cold to hot computer
mircea_popescu: then in the next email was o, wait, i figured it. i got a qr generator! now my phone can read it
Diablo-D3: thats an interesting way of solving the jew diamond problem
mircea_popescu: and this was like, 3 days after i explained gpg to him. understand, guy didn't even know linux existed on like, the 5th
mircea_popescu: dude, i have to explain things like ONCE, and in passing
Diablo-D3: this is where I say Ive been using linux for almost 15 years and have not looked back
mircea_popescu: the difference is shocking, they've all read the faq etc.
thestringpuller: brb mircea_popescu will you be around later? id love to pick your brain some more. your info is invaluable
Diablo-D3: ms dos 2.11 on a 6mhz 8086, 640kb of memory after upgrade
mircea_popescu: thestringpuller possibly, yea. but if not... im on pretty much daily.
Diablo-D3: single floppy drive, no modem, no harddrive (which were like 20mb and the size of the computer, even came in matching case)
dub: I remember my first floppy drive
dub: no more programming whatever you needed again every time you turn the computer on
mircea_popescu: dub they had old 7inch ones in my computer lab at school, wall decoration
Diablo-D3: mircea_popescu: hah, ever see those gigantic hard drive platters?
Diablo-D3: recycle center around here had one, kept it as art
mircea_popescu: (i'm not making this shit up, my dad was working in a govt research center)
dub: mircea_popescu must be old
dub: I had a computer in '83
dub: that was well into the PC era though
dub: I used to buy games in a book
Diablo-D3: hah, I still have one of those books
dub: you typed out the code, played game once
mircea_popescu: dub early 90s romanian tv station used to have a computer show
mircea_popescu: they literally broadcast the code. you could load it into a z80 with a cable
Diablo-D3: mircea_popescu: lol cassete drive audio
dub: thats actually quite cool
kakobrekla: mircea_popescu had the same thing here, only via FM radio
dub: early copy protection wanst exactly hard to beat
Diablo-D3: having to look in the manual for a phrase
Diablo-D3: some games came with thick fucking tomes
dub: then there was teh decoder rings
kakobrekla: hehe i got the best manual ever with my new router lemme take a pic
Diablo-D3: Ive gotten electronics with no manual
Diablo-D3: I mean, not like pdf on cd or go online or something
Diablo-D3: which is great, it didnt need one either
dub: a lot of people actually like microtik too
dub: I know of at least one ISP that uses them, and not for CE shit
Diablo-D3: you know, I'd like to watch a version of dune like this
dub: oh wow another dune?
assbot: [MPEX] [S.MPOE] 800 @ 0.00043564 = 0.3485 BTC [+]
dub: I drag out and watch the '84 and '00 movies every couple of years, never gets old
dub: actually reminds me, I think there might be some 'prequil' books I havent read yet
vampireb: meh i liked it, dune 2 was much better
assbot: [MPEX] [S.MPOE] 30100 @ 0.00043754 = 13.17 BTC [+]
assbot: [MPEX] [S.MPOE] 15900 @ 0.00043564 = 6.9267 BTC [-]
dub: was too bought into RA1 for that shit
dub: 48 hour ps1 linkup games
dub: probably somethign to do with not having a pc
dub: oh yeah, I played dune2
assbot: [MPEX] [S.MPOE] 3700 @ 0.0004349 = 1.6091 BTC [-]
assbot: [MPEX] [S.MPOE] 14844 @ 0.0004349 = 6.4557 BTC [-]
assbot: [MPEX] [S.MPOE] 28800 @ 0.00043455 = 12.515 BTC [-]
assbot: [MPEX] [S.MPOE] 10256 @ 0.00043225 = 4.4332 BTC [-]
dub: Satoshi reaches next level in 0 days, 22:22:00.
thestringpuller: mircea_popescu, i want to do the withdrawal version of BitInstant, allow for people to send a service BTC's (like fastcash4bitcoins.com) and sends out moneygrams within 10 minutes. The only thing is padding the fees
thestringpuller: I read some literature on "free as a value proposition" and in order to pad an expense of a service that is free, you have to have something else to make up for it
thestringpuller: I can't seem to figure out a way to do that with money gram fees (dey such a monopoly)
mircea_popescu: i would think your greater problem would be handling money flows.
vampireb: open a company, apply for MBS license
assbot: [MPEX] [S.MPOE] 29354 @ 0.00043291 = 12.7076 BTC [+]
mircea_popescu: you really shouldn't be going into something like this w/o a lawyer partner.
mircea_popescu: (well, basically, i will be taking lots of money in (from mtgox ?) and doling it out to many people who paid me btc. what do i do to make it legal ?)
thestringpuller: for M between 5-50 bucks it 5 dollar fee 55-200 it's 12 dollars 200-500ish it's ~19
thestringpuller: they were able to make gmail free because of their ad revenue
mircea_popescu: well man... this is one of those problems that'll make the solver rich
assbot: [MPEX] [S.MPOE] 9100 @ 0.00043515 = 3.9599 BTC [+]
assbot: [MPEX] [S.MPOE] 4365 @ 0.00043721 = 1.9084 BTC [+]
assbot: [MPEX] [S.MPOE] 46200 @ 0.00043397 = 20.0494 BTC [-]
assbot: [MPEX] [S.MPOE] 10292 @ 0.00043291 = 4.4555 BTC [-]
assbot: [MPEX] [S.MPOE] 1435 @ 0.00043721 = 0.6274 BTC [+]
assbot: [MPEX] [S.MPOE] 600 @ 0.00044 = 0.264 BTC [+]
assbot: [MPEX] [S.MPOE] 20379 @ 0.00043897 = 8.9458 BTC [-]
assbot: [MPEX] [S.MPOE] 19921 @ 0.00043577 = 8.681 BTC [-]
assbot: [MPEX] [S.MPOE] 7300 @ 0.00044 = 3.212 BTC [+]
assbot: [MPEX] [S.MPOE] 17379 @ 0.00043782 = 7.6089 BTC [-]
assbot: [MPEX] [S.MPOE] 8964 @ 0.00043531 = 3.9021 BTC [-]
assbot: [MPEX] [S.MPOE] 40236 @ 0.00043531 = 17.5151 BTC [-]
assbot: [MPEX] [S.MPOE] 9764 @ 0.00043471 = 4.2445 BTC [-]
assbot: [MPEX] [S.MPOE] 31700 @ 0.00043734 = 13.8637 BTC [+]
assbot: [MPEX] [S.MPOE] 9036 @ 0.00044 = 3.9758 BTC [+]
assbot: [MPEX] [S.MPOE] 15100 @ 0.00043463 = 6.5629 BTC [-]
assbot: [MPEX] [S.MPOE] 12836 @ 0.00044 = 5.6478 BTC [+]
assbot: [MPEX] [S.MPOE] 36900 @ 0.00043463 = 16.0378 BTC [-]
assbot: [MPEX] [S.MPOE] 500000 @ 0.00044 = 220 BTC [+]
assbot: [MPEX] [S.MPOE] 4600 @ 0.00043463 = 1.9993 BTC [-]
assbot: [MPEX] [S.MPOE] 4700 @ 0.00043314 = 2.0358 BTC [-]
assbot: [MPEX] [S.MPOE] 15100 @ 0.00043314 = 6.5404 BTC [-]
assbot: [MPEX] [S.MPOE] 1532 @ 0.00043415 = 0.6651 BTC [+]
assbot: [MPEX] [S.MPOE] 13899 @ 0.00043496 = 6.0455 BTC [+]
assbot: [MPEX] [S.MPOE] 17601 @ 0.00044 = 7.7444 BTC [+]
assbot: [MPEX] [S.MPOE] 53900 @ 0.00044 = 23.716 BTC [+]
assbot: [MPEX] [S.MPOE] 4000 @ 0.00043453 = 1.7381 BTC [-]
assbot: [MPEX] [S.MPOE] 29768 @ 0.00043417 = 12.9244 BTC [-]
assbot: [MPEX] [S.MPOE] 5632 @ 0.00043291 = 2.4381 BTC [-]
EskimoBob: is GLBSE sending out double payments?
assbot: [MPEX] [S.MPOE] 4473 @ 0.00043789 = 1.9587 BTC [+]
Chaang-Noi: and its odd cuz they only ahve enought to pay 90% anyway
Chaang-Noi: some get 100% some get 90% some get 1805 and some get 0%
assbot: [MPEX] [S.MPOE] 6497 @ 0.00043291 = 2.8126 BTC [-]
assbot: [MPEX] [S.MPOE] 41203 @ 0.00043229 = 17.8116 BTC [-]
Chaang-Noi: theymos and other owners will ahve to cover the losses
Chaang-Noi: what a fail boat glbse has turned into
assbot: [MPEX] [S.MPOE] 3400 @ 0.00043499 = 1.479 BTC [+]
assbot: [MPEX] [S.MPOE] 45400 @ 0.0004345 = 19.7263 BTC [-]
assbot: [MPEX] [S.MPOE] 3927 @ 0.00043789 = 1.7196 BTC [+]
assbot: [MPEX] [S.MPOE] 6073 @ 0.00044 = 2.6721 BTC [+]
assbot: [MPEX] [S.MPOE] 22630 @ 0.00043506 = 9.8454 BTC [-]
assbot: [MPEX] [S.MPOE] 13800 @ 0.00043573 = 6.0131 BTC [+]
assbot: [MPEX] [S.MPOE] 9670 @ 0.00043506 = 4.207 BTC [-]
assbot: [MPEX] [S.MPOE] 3630 @ 0.00043435 = 1.5767 BTC [-]
EskimoBob: Chaang-Noi: it just absurd. All they had to do was keep the damn thing open but close trading except issuer<->client
EskimoBob: i guess there is always at least 2 wasy to resolve problems, right, correct and everything else
EskimoBob: rats do not like sinking boats... theymos khmkk....
assbot: [MPEX] [S.MPOE] 29100 @ 0.00043549 = 12.6728 BTC [+]
assbot: [MPEX] [S.MPOE] 14300 @ 0.00043549 = 6.2275 BTC [+]
assbot: [MPEX] [S.MPOE] 21112 @ 0.00043538 = 9.1917 BTC [-]
assbot: [MPEX] [S.MPOE] 4620 @ 0.00043538 = 2.0115 BTC [-]
mircea_popescu: OK, I stand corrected. And if you prefer lulz over doing some research how exactly MPOE is financed, then sorry, I'll rather leave any further discussion to MPOE-PR .
thestringpuller: ive stopped checking them since I discovered usagi is incompetent
assbot: [MPEX] [S.MPOE] 22068 @ 0.00043538 = 9.608 BTC [-]
assbot: [MPEX] [S.MPOE] 732 @ 0.00043519 = 0.3186 BTC [-]
assbot: [MPEX] [S.MPOE] 53764 @ 0.00043626 = 23.4551 BTC [+]
assbot: [MPEX] [S.MPOE] 37900 @ 0.00043715 = 16.568 BTC [+]
assbot: [MPEX] [S.MPOE] 7604 @ 0.00044 = 3.3458 BTC [+]
assbot: [MPEX] [S.MPOE] 36100 @ 0.00044 = 15.884 BTC [+]
BTC-Mining: So... who's advocating that people keep the double payment for themselve?
BTC-Mining: Kind of taking your personal grudge against Nefario and venging yourself at the detriment of others who are waiting for their funds.
BTC-Mining: Even if yes, most have zero trust in Nefario.
Chaaang-Noi: theymos said peole should keep the double payments and not give back to nefario
Chaaang-Noi: however theymos gave a guy a scammers tag just for that months ago
Chaaang-Noi: theymos... oh man, he has turned out to be a scummy fuck
BTC-Mining: Well what do you know... anonymous people...
BTC-Mining: Is he well known other than as theymos?
Chaaang-Noi: people i dont trust, mt gox, nefario now theymos...
Chaaang-Noi: gavin i am not happy about cuz of the name of his foundation.. but other than that fine
BTC-Mining: Well, it does look like it was an "official" foundation
Chaaang-Noi: then it should not be called "the bitcoin foundation"
Chaaang-Noi: im fine he has a foundation, and i want him to have one
Chaaang-Noi: just dont call it "the bitcoin foundation"
BTC-Mining: But I mean, most open source project have an "official" foundation which is not technically... well official at all.
Chaaang-Noi: cuz all it is is the mt gox and bitinstant foundation to pay gavin...
BTC-Mining: Well, as the core devs seems to be participating... they're already kind of making things themselve anyway to start with. And been doing a great job.
BTC-Mining: I'm a bit annoyed but don't mind the name too much.
BTC-Mining: The thing is, no one can enforce it and someone will eventually try to claim "Bitcoin Foundation"
Chaaang-Noi: the should hold the name so no one will use it
BTC-Mining: If they don't use it, they can't hold the name...
BTC-Mining: Better be the core dev establishing it before some random person makes literal claims to be the official Bitcoin Foundation
BTC-Mining: Would be hard to have "Bitcoin Foundation" registered and enforced in every damn country
BTC-Mining: and the devs don't have the resource for that anyway.
BTC-Mining: It's a wrong doing more good than harm to me. Especially if they establish with the name but keep the claim not to be the official foundation.
Chaaang-Noi: i think they should have set up two differnt foundations then
Chaaang-Noi: one that more or less did nothing but hold that name
BTC-Mining: Donating to get the name enforced would be a solution.
BTC-Mining: Registration might be challenged however.
assbot: [MPEX] [S.MPOE] 8022 @ 0.00043658 = 3.5022 BTC [-]
assbot: [MPEX] [S.MPOE] 34078 @ 0.00043615 = 14.8631 BTC [-]
BTC-Mining: I see people blindly attacking every authority on thinking and claims basically saying it's all wrong because it doesn't advantage them personally when other takes initiatives for themselves or others. Somehow it should always be for them. Yes there's corruption all around the world, but the majority of people in a position of authority knows what they're doing, have perfectly good
BTC-Mining: reasons to do what they do and are not corrupted. I don't always have the same priorities as them, but I don't go around blindly attacking everyone.</rant>
TomServo: Chaaang-Noi: Just curious, why don't you trust Mt Gox?
BTC-Mining: You know, those kind of people that if you'd not claim said authority was innocent or to be agreeing with them, but simply even suggesting there's no proof of anything or bringing forth any reasoning to it, you're automatically part of them and should be publicly executed?
Chaaang-Noi: they locked down a significant amount of my money and demanded i send in all sorts of docs
BTC-Mining: To only slightly exagerate... yes, that kind of persons... drives me nut.
TomServo: Ahh, well yeah, I suppose that would do it.
BTC-Mining: Chaaang-Noi, I'd expect that from any regulated financial service
BTC-Mining: To do it at some point with enough volume
BTC-Mining: Maybe. I don't know their local laws and requirements.
TomServo: I would expect it going in.. if it wasn't there to begin with I would agree doing it retroactively is suspect.
Chaaang-Noi: mark called claimed on the forum he had proof i was a "terrorest or money launder"
BTC-Mining: Well, I don't consider bitcointalk.org as a good source of legal advice.
Chaaang-Noi: no i checked with my bank and my family lawyer
Chaaang-Noi: they said i could sue for him making it public there was an AML investigation
Chaaang-Noi: locked my shit down and said he had proof!
Chaaang-Noi: month later said the case was closed and i got my money
assbot: [MPEX] [S.MPOE] 266 @ 0.00043615 = 0.116 BTC [-]
assbot: [MPEX] [S.MPOE] 29100 @ 0.00043509 = 12.6611 BTC [-]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00043435 = 0.4344 BTC [-]
midnightmagic: The wedding certificate was because your wife was active in your account wasn't she?
midnightmagic: It wasn't just "hey gimme your wedding certificate" totally out of the blue?
midnightmagic: Also, did your lawyer tell you he broke the law *of Japan*?
midnightmagic: Like, specifically.. of Japan.. the place where he's operating in.
midnightmagic: And what language, specifically, did he use when he said he had "proof"? Or are you paraphrasing again?
assbot: [MPEX] [S.MPOE] 8200 @ 0.000436 = 3.5752 BTC [+]
assbot: [MPEX] [S.MPOE] 17034 @ 0.000436 = 7.4268 BTC [+]
assbot: [MPEX] [S.MPOE] 21037 @ 0.00043805 = 9.2153 BTC [+]
assbot: [MPEX] [S.MPOE] 63 @ 0.00043805 = 0.0276 BTC [+]
assbot: [MPEX] [S.MPOE] 47025 @ 0.00044 = 20.691 BTC [+]
assbot: [MPEX] [S.MPOE] 37700 @ 0.00044 = 16.588 BTC [+]
assbot: [MPEX] [S.MPOE] 2500 @ 0.00043805 = 1.0951 BTC [-]
assbot: [MPEX] [S.MPOE] 4979 @ 0.00043162 = 2.149 BTC [-]
thestringpuller: i may be able to bring the money gram prices to negligible
assbot: [MPEX] [S.MPOE] 26414 @ 0.00043162 = 11.4008 BTC [-]
thestringpuller: mircea_popescu: so ultimately i came to the conclusion maybe personalized liiquidation solutions would be more affordable for both parties. one peronalized solution would be a bill pay service for rg
assbot: [MPEX] [S.MPOE] 12500 @ 0.0004338 = 5.4225 BTC [+]
assbot: [MPEX] [S.MPOE] 31300 @ 0.00043381 = 13.5783 BTC [+]
noagendamarket: need to track the prices at the time you use the coins ,capital gains tax etc
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.86438937 = 864.3894 BTC [+]
assbot: [MPEX] [O.BTCUSD.P190T] 920 @ 0.76062356 = 699.7737 BTC [+]
assbot: [MPEX] [O.BTCUSD.P180T] 880 @ 0.65720131 = 578.3372 BTC [-]
assbot: [MPEX] [O.BTCUSD.P170T] 740 @ 0.55444696 = 410.2908 BTC [+]
thestringpuller: noagendamarket: im.actually.working on that for personal.use
assbot: [MPEX] [S.BVPS] 100 @ 0.00300376 = 0.3004 BTC [-]
assbot: [MPEX] [S.BVPS] 300 @ 0.0033009 = 0.9903 BTC [+]
BTC-Mining: It really looks like Nefario is chickening out of legal responsibility, trying to make everything disappear.
Chaaang-Noi: esp since he did not collect aml stuff after all
Diablo-D3: I dunno, at least I bought back half the dmc shares
Chaaang-Noi: he wants to pretend that someone is forcing him to do something but i dont think that is the case
Chaaang-Noi: well i kinda hope the govt does not go after nefario
Chaaang-Noi: im only 50% done as the log is loooong but it just looks like nefario wants to cover his ass
Chaaang-Noi: it also looks like more than 50% support him
Chaaang-Noi: i think he thinks that if he shuts this down nothing bad will happen to him
Chaaang-Noi: and if he keeps going he risks one day getting fucked hard by a lot of people
Chaaang-Noi: i do understand why he is shutting it down
Chaaang-Noi: but he started this out being very anon and then changed it into what it is today in 3 versions
Chaaang-Noi: he really fucked up, he did this to himself
Chaaang-Noi: despite people telling him over and over not to
noagendamarket: we didnt buy shares in Nefario we bought them in bitcoinglobal.
Chaaang-Noi: more than 50% of bitcoin global voted to shut down GLBSE
assbot: [MPEX] [S.MPOE] 7300 @ 0.00043381 = 3.1668 BTC [+]
assbot: [MPEX] [S.MPOE] 16061 @ 0.00043401 = 6.9706 BTC [+]
assbot: [MPEX] [S.MPOE] 20839 @ 0.00043404 = 9.045 BTC [+]
BTC-Mining: He refused to say anything and insists that there won't be any problems?
BTC-Mining: Wouldn't be surprised if he was ordered to shut it down but it was too minor for them to sanction Nefario more than that.
BTC-Mining: Maybe an order to close the website and interdiction to do anything related to securities for some years.
Chaang-Noi: if he really had some sort of thing with the govt aginst me he would not have sent me back my BTC like a week after he delisted me without my AML stuff
Chaang-Noi: was on the forum BTC-Mining from christo i think
noagendamarket: hes probably less scared of bitcoiners than the government :P
noagendamarket: unlike keyboard warriors the government can really fuck your shit up
Chaang-Noi: yeah why did he send me back BTC if he had the govt involved?
Azelphur: you guys know he did an interview and explained all this right?
Azelphur: how else exactly would he shut down cleanly?
Azelphur: I know someone who got double paid lol
noagendamarket: the easy way to do it is just let people withdraw using their account on site
Azelphur: yea, would have probably been easier.
noagendamarket: Im done covering for nefario and he can dig himself out of his own mess.
assbot: [MPEX] [S.MPOE] 27400 @ 0.00043204 = 11.8379 BTC [-]
assbot: [MPEX] [S.MPOE] 26297 @ 0.00043404 = 11.4139 BTC [+]
assbot: [MPEX] [S.MPOE] 2143 @ 0.00043493 = 0.9321 BTC [+]
assbot: [MPEX] [S.MPOE] 9534 @ 0.00043162 = 4.1151 BTC [-]
assbot: [MPEX] [S.MPOE] 29012 @ 0.00043145 = 12.5172 BTC [-]
assbot: [MPEX] [S.MPOE] 12954 @ 0.00043115 = 5.5851 BTC [-]
assbot: [MPEX] [S.MPOE] 24099 @ 0.00043115 = 10.3903 BTC [-]
assbot: [MPEX] [S.MPOE] 4701 @ 0.0004306 = 2.0243 BTC [-]
assbot: [MPEX] [S.MPOE] 19748 @ 0.00043165 = 8.5242 BTC [+]
assbot: [MPEX] [S.MPOE] 37507 @ 0.0004306 = 16.1505 BTC [-]
assbot: [MPEX] [S.MPOE] 46557 @ 0.00043493 = 20.249 BTC [+]
assbot: [MPEX] [S.MPOE] 3416 @ 0.00043601 = 1.4894 BTC [+]
assbot: [MPEX] [S.MPOE] 3598 @ 0.0004368 = 1.5716 BTC [+]
assbot: [MPEX] [S.MPOE] 2029 @ 0.00043682 = 0.8863 BTC [+]
assbot: [MPEX] [S.MPOE] 52300 @ 0.00043447 = 22.7228 BTC [-]
assbot: [MPEX] [S.MPOE] 1700 @ 0.0004306 = 0.732 BTC [-]
assbot: [MPEX] [S.MPOE] 2400 @ 0.00043215 = 1.0372 BTC [+]
assbot: [MPEX] [S.MPOE] 19000 @ 0.00043215 = 8.2109 BTC [+]
assbot: [MPEX] [S.MPOE] 12700 @ 0.00043215 = 5.4883 BTC [+]
assbot: [MPEX] [S.MPOE] 10962 @ 0.00043215 = 4.7372 BTC [+]
assbot: [MPEX] [S.MPOE] 6248 @ 0.00043272 = 2.7036 BTC [+]
assbot: [MPEX] [S.MPOE] 26152 @ 0.00043272 = 11.3165 BTC [+]
assbot: [MPEX] [S.MPOE] 25648 @ 0.00043333 = 11.114 BTC [+]
assbot: [MPEX] [S.MPOE] 9738 @ 0.00043215 = 4.2083 BTC [-]
assbot: [MPEX] [S.MPOE] 25562 @ 0.00043167 = 11.0343 BTC [-]
assbot: [MPEX] [S.MPOE] 20000 @ 0.00043333 = 8.6666 BTC [+]
assbot: [MPEX] [S.MPOE] 338 @ 0.00043167 = 0.1459 BTC [-]
assbot: [MPEX] [S.MPOE] 26062 @ 0.00043133 = 11.2413 BTC [-]
assbot: [MPEX] [S.MPOE] 13438 @ 0.00043133 = 5.7962 BTC [-]
assbot: [MPEX] [S.MPOE] 28961 @ 0.00043066 = 12.4723 BTC [-]
assbot: [MPEX] [S.MPOE] 4393 @ 0.0004306 = 1.8916 BTC [-]
assbot: [MPEX] [S.MPOE] 4958 @ 0.00043057 = 2.1348 BTC [-]
assbot: [MPEX] [S.MPOE] 15042 @ 0.00043057 = 6.4766 BTC [-]
assbot: [MPEX] [S.MPOE] 7900 @ 0.00043036 = 3.3998 BTC [-]
assbot: [MPEX] [S.MPOE] 8700 @ 0.0004303 = 3.7436 BTC [-]
assbot: [MPEX] [S.MPOE] 6660 @ 0.00043024 = 2.8654 BTC [-]
assbot: [MPEX] [S.MPOE] 5200 @ 0.00043333 = 2.2533 BTC [+]
assbot: [MPEX] [O.BTCUSD.P120T] 731 @ 0.10257112 = 74.9795 BTC [-]
assbot: [MPEX] [S.MPOE] 28224 @ 0.00043047 = 12.1496 BTC [-]
assbot: [MPEX] [S.MPOE] 5732 @ 0.00043134 = 2.4724 BTC [+]
assbot: [MPEX] [S.MPOE] 7368 @ 0.00043134 = 3.1781 BTC [+]
assbot: [MPEX] [S.MPOE] 16732 @ 0.0004312 = 7.2148 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 9 @ 0.10121872 = 0.911 BTC [-]
assbot: [MPEX] [S.MPOE] 6944 @ 0.0004312 = 2.9943 BTC [-]
assbot: [MPEX] [S.MPOE] 40556 @ 0.00043065 = 17.4654 BTC [-]
assbot: [MPEX] [S.MPOE] 15844 @ 0.00043065 = 6.8232 BTC [-]
assbot: [MPEX] [S.MPOE] 6740 @ 0.00043024 = 2.8998 BTC [-]
assbot: [MPEX] [S.MPOE] 24316 @ 0.00043016 = 10.4598 BTC [-]
assbot: [MPEX] [S.MPOE] 18272 @ 0.00043288 = 7.9096 BTC [+]
assbot: [MPEX] [S.MPOE] 2828 @ 0.00043313 = 1.2249 BTC [+]
assbot: [MPEX] [S.MPOE] 47872 @ 0.00043261 = 20.7099 BTC [-]
assbot: [MPEX] [S.MPOE] 6528 @ 0.00043261 = 2.8241 BTC [-]
assbot: [MPEX] [S.MPOE] 48413 @ 0.00043167 = 20.8984 BTC [-]
assbot: [MPEX] [S.MPOE] 1469 @ 0.00043333 = 0.6366 BTC [+]
assbot: [MPEX] [S.MPOE] 4018 @ 0.00043335 = 1.7412 BTC [+]
pigeons: no you're just on ignore ;)
assbot: [MPEX] [S.MPOE] 16589 @ 0.00043016 = 7.1359 BTC [-]
assbot: [MPEX] [S.MPOE] 16511 @ 0.00042997 = 7.0992 BTC [-]
assbot: [MPEX] [S.MPOE] 189 @ 0.00042997 = 0.0813 BTC [-]
assbot: [MPEX] [S.MPOE] 34211 @ 0.00042963 = 14.6981 BTC [-]
assbot: [MPEX] [S.MPOE] 32482 @ 0.00043335 = 14.0761 BTC [+]
assbot: [MPEX] [S.MPOE] 11218 @ 0.00043376 = 4.8659 BTC [+]
assbot: [MPEX] [S.MPOE] 24000 @ 0.00043192 = 10.3661 BTC [-]
FabianB_: thestringpuller: what kind of?
assbot: [MPEX] [S.MPOE] 15789 @ 0.00042963 = 6.7834 BTC [-]
assbot: [MPEX] [S.MPOE] 22111 @ 0.00042951 = 9.4969 BTC [-]
thestringpuller: FabianB_: I'm launching a liquidation service. The main product is turning bitcoins into cash via moneygram within 1 hour
thestringpuller: the side product is personalized liquidity solutions for people who need to pay expenses in bitcoin but don't want to deal with fiat at all
jurov: so.i can't discuss mpex on btctalk anymore.. there's always somebody who says it's child porn site
jurov: i know. but btctalk is practically lost cause now.
assbot: [MPEX] [S.MPOE] 10800 @ 0.00043192 = 4.6647 BTC [+]
assbot: [MPEX] [S.MPOE] 11882 @ 0.00043376 = 5.1539 BTC [+]
assbot: [MPEX] [S.MPOE] 6118 @ 0.00043403 = 2.6554 BTC [+]
jurov: yes, he helped me a bit with it
thestringpuller: well jurov I may end up using coinbr extensively if this service takes off to hedge fees
jurov: thx, i just got idea that kakobrekla's clients may need to hedge BTCUSD too
jurov: we'll se when he's around
assbot: [MPEX] [S.MPOE] 16006 @ 0.00043403 = 6.9471 BTC [+]
assbot: [MPEX] [S.MPOE] 1900 @ 0.00043154 = 0.8199 BTC [-]
assbot: [MPEX] [S.MPOE] 20200 @ 0.00043059 = 8.6979 BTC [-]
assbot: [MPEX] [S.MPOE] 14000 @ 0.00043059 = 6.0283 BTC [-]
assbot: [MPEX] [S.MPOE] 21376 @ 0.00043403 = 9.2778 BTC [+]
assbot: [MPEX] [S.MPOE] 2924 @ 0.00043464 = 1.2709 BTC [+]
gribble: Best bid: 11.67752, Best ask: 11.67753, Bid-ask spread: 0.00001, Last trade: 11.67752, 24 hour volume: 22623, 24 hour low: 11.56025, 24 hour high: 11.85
jurov: hehe... don't bit4x client need some btc/usd hedging?
jurov: like, i'm going to trade forex, fund my account in btc and then have second thoughts
jurov: what if btc is going up and i'll be stuck at usd...
kakobrekla: your MT4 balance is denominated in btc
jurov: but what happens if btc shoots up? you eat the loss?
kakobrekla: all deposits that clients made are in my cold storage
assbot: [MPEX] [S.MPOE] 30514 @ 0.00043464 = 13.2626 BTC [+]
jurov: but if someone funds with btc and want to trade trades eur/usd, and later wants to cash out in bitcoins, you use current exch rate, no?
rg: ive been wondering a similar quetion
jurov: then they have to take bitcoin movement into account
jurov: you dodge my question
kakobrekla: your deposit, your mt4 balance, your PL
jurov: so it's practically btc.usd forex?
kakobrekla: as site says its irrelevant as per your trading
jurov: so i deposit, say, 100BTC. now, can i use them for usd/eur/gold forex trades, no?
kakobrekla: for comodities 0.1 lot is minimum, meaning with 100 btc you need 1:100 leverage
kakobrekla: for the rest of the stuff 0.01 is min, so 100 btc with 1:10 will do
jurov: dunno, perhaps i'll have to try it myself to understand why btc/usd is irrelevant at bit4x
kakobrekla: just imagine eur is btc on the exchange
assbot: [MPEX] [S.MPOE] 11246 @ 0.00043464 = 4.888 BTC [+]
assbot: [MPEX] [S.MPOE] 3916 @ 0.00043464 = 1.7021 BTC [+]
assbot: [MPEX] [S.MPOE] 11100 @ 0.00043486 = 4.8269 BTC [+]
assbot: [MPEX] [S.MPOE] 17284 @ 0.00043494 = 7.5175 BTC [+]
assbot: [MPEX] [S.MPOE] 9759 @ 0.00043059 = 4.2021 BTC [-]
assbot: [MPEX] [S.MPOE] 30014 @ 0.00043045 = 12.9195 BTC [-]
dub: mmm the mrs brought me back a 21 y/o
assbot: [MPEX] [S.MPOE] 1845 @ 0.00043045 = 0.7942 BTC [-]
BTC-Mining: Well that'd be mostly what I was doing then.
BTC-Mining: And the movements were quite extreme, it was ridiculous
assbot: [MPEX] [S.MPOE] 22500 @ 0.00042928 = 9.6588 BTC [-]
BTC-Mining: Only because I put a lot of money upfront to start trading.
BTC-Mining: More than I could actively trade, so most had to be left in some asset or another.
BTC-Mining: It then allowed me to have a lot of lowball bids everywhere.
BTC-Mining: And people would always eventually sell into it.
BTC-Mining: Sometimes as low as 5%-30% of the asset's average value.
BTC-Mining: Hey, I'm calculating what I earned and it comes near 7% per week on average.
BTC-Mining: All due to a few purchases under 10% of the asset's value.
BTC-Mining: Sometimes even under or near the next dividend's value.
BTC-Mining: Eh, tell that to those who bought fixed hashing bonds...
mircea_popescu: miners are only secure in the sense that you're secure in the knowledge your investment will eventually devalue to almost 0.
thestringpuller: at some point 0 btc transactions will take days to clear no?
mircea_popescu: you'll have to double power every 18 months just to stay the same, and this AFTER it stops growing.
thestringpuller: if you have hardware couldnt you liquidate your equipment over time to somewhat cover the cost of keeping up with moores law...
kuzetsa: people playing satoshi dice will keep wasting time with the various faucets, and eating transaction fees to pay the miners for their electricity
kuzetsa: [00:22:13_UTC-0400] <kuzetsa> it'll be fine
mircea_popescu: thestringpuller it's a cash-flow business. let me dig the thing up
mircea_popescu: .g site:bitcointalk.org miner bonds worst investments you can make
assbot: [MPEX] [S.MPOE] 7503 @ 0.00042928 = 3.2209 BTC [-]
assbot: [MPEX] [S.MPOE] 10800 @ 0.00042927 = 4.6361 BTC [-]
assbot: [MPEX] [S.MPOE] 13097 @ 0.00042926 = 5.622 BTC [-]
BTC-Mining: Mining is profitable... just not for fixed mhash/s bond because of what's stated in the thread.
mircea_popescu: thestringpuller the last play-pretend forum banker defaulted recently, didn't he ?
mircea_popescu: i'm sure he has a great plan to make everything right over the span of a few years
mircea_popescu: i'm also sure he's going to spend most of those years in various courts.
mircea_popescu: it doesn't work in the real world, either. if you compensate for bad loans by jacking up rates eventually you create a vicious circle :
mircea_popescu: the only people willing to borrow are those who don't intend to repay.
BTC-Mining: aye, so where can I read about that? Do you remember the thread?
mircea_popescu: you will, once he fails to pay my 500 btc end of the month
BTC-Mining: so... how do you know if there's no announcement or anything?
BTC-Mining: Not sure why you would think so for Harnett
BTC-Mining: It's now the wee hours of the morning. I'm off for today.
assbot: [MPEX] [S.MPOE] 5907 @ 0.00042926 = 2.5356 BTC [-]
assbot: [MPEX] [S.MPOE] 18793 @ 0.00042921 = 8.0661 BTC [-]
assbot: [MPEX] [S.MPOE] 45100 @ 0.0004295 = 19.3705 BTC [+]
assbot: [MPEX] [S.MPOE] 12952 @ 0.00042921 = 5.5591 BTC [-]
assbot: [MPEX] [S.MPOE] 25255 @ 0.00042921 = 10.8397 BTC [-]
assbot: [MPEX] [S.MPOE] 6245 @ 0.00042908 = 2.6796 BTC [-]
noagendamarket: mircea_popescu why would you loan him 500btc if hes a "fake banker"
assbot: [MPEX] [S.MPOE] 23555 @ 0.00042908 = 10.107 BTC [-]
assbot: [MPEX] [S.MPOE] 14700 @ 0.00042898 = 6.306 BTC [-]
assbot: [MPEX] [S.MPOE] 12745 @ 0.00042883 = 5.4654 BTC [-]
noagendamarket: I really dont know. Nothing surprises me anymore wrt bitcoin bankers
assbot: [MPEX] [S.MPOE] 7214 @ 0.00042883 = 3.0936 BTC [-]
assbot: [MPEX] [S.MPOE] 11995 @ 0.00042868 = 5.142 BTC [-]
assbot: [MPEX] [S.MPOE] 10356 @ 0.00042868 = 4.4394 BTC [-]
assbot: [MPEX] [S.MPOE] 16939 @ 0.00042863 = 7.2606 BTC [-]
copumpkin: mircea_popescu: I think it's kind of shitty to claim that harnett defaulted, and then to revise the claim to say you think he will
assbot: [MPEX] [S.MPOE] 20900 @ 0.00042863 = 8.9584 BTC [-]
assbot: [MPEX] [S.MPOE] 2461 @ 0.00042863 = 1.0549 BTC [-]
assbot: [MPEX] [S.MPOE] 14500 @ 0.00042843 = 6.2122 BTC [-]
assbot: [MPEX] [S.MPOE] 9666 @ 0.00042843 = 4.1412 BTC [-]
mircea_popescu: i didn't revise the claim. what i pointed out was that third parties will be able to verify this at a set point in the future.
assbot: [MPEX] [S.MPOE] 41763 @ 0.00042855 = 17.8975 BTC [+]
assbot: [MPEX] [S.MPOE] 4937 @ 0.00042879 = 2.1169 BTC [+]
assbot: [MPEX] [S.MPOE] 5500 @ 0.00042843 = 2.3564 BTC [-]
EskimoBob: what? Another drama in the happy-happy-joy-joy bitcoin land?
EskimoBob: this seen is worst than the Mexican soap opera
assbot: [MPEX] [S.MPOE] 2563 @ 0.00042879 = 1.099 BTC [+]
assbot: [MPEX] [S.MPOE] 36921 @ 0.00042995 = 15.8742 BTC [+]
assbot: [MPEX] [S.MPOE] 3163 @ 0.00043439 = 1.374 BTC [+]
assbot: [MPEX] [S.MPOE] 6962 @ 0.00043494 = 3.0281 BTC [+]
assbot: [MPEX] [S.MPOE] 8034 @ 0.00042843 = 3.442 BTC [-]
assbot: [MPEX] [S.MPOE] 32400 @ 0.00042841 = 13.8805 BTC [-]
assbot: [MPEX] [S.MPOE] 15125 @ 0.00042837 = 6.4791 BTC [-]
EskimoBob: gpumax was spamming for news sign-up's not too long ago
EskimoBob: Chaang-Noi: how's your ninja team doing? Any progress? When can we see bleading and toothless Trendon begging for mercy and transferring all the stolen coins back?
Chaang-Noi: when pirate did that wait til the 12th thing most people quit on me
Chaang-Noi: i had to operate on my own for the share holders
Chaang-Noi: anyway the other people are now ready to sue pirate...
Chaang-Noi: i have trusted friends who called the SEC
Chaang-Noi: im going to wait for them to contact me directly
Diablo-D3: Chaang-Noi: yeah, I dont like whats going on here
EskimoBob: chats are bull shit and if they start twisting your arm, you have nothing to prove it. Chat ONLY via letters and publish every one of them
Chaang-Noi: they want me to call them and they tape my phone call, not going to happen
assbot: [MPEX] [O.BTCUSD.P120T] 10 @ 0.09413432 = 0.9413 BTC [-]
Chaang-Noi: esp if they wont tell me what they want
EskimoBob: unless they show you a court order (publish it) that prohibits the publication of documents
EskimoBob: let them send you a letter with what they want
Chaang-Noi: yeah im not doing shit until they contact me
EskimoBob: remember court order or they can go and fuck themselves
EskimoBob: especially if they ask for third party documents or what not
Chaang-Noi: they will have to ship me over from thailand
EskimoBob: aren't you on a "wanted" list in US?
Chaang-Noi: unless pirate was doing some terrorist like shit
EskimoBob: I was reading somewhere that you are not really comfortable in US because of some old shit
EskimoBob: yeah, something about you escaping to Thailand etc
Chaang-Noi: was this something i wrote or someone else?
EskimoBob: that's why it sounded a bit strange
EskimoBob: the assets-otc happening that's paling in the theater near you :)
EskimoBob: i need to rise the coin to get this project off the ground but if assets-otc has problems (personal) I am not aware of, then this is kinda bad :(
EskimoBob: Chaang-Noi: or are you guys just "in love" like me and usagi? LOL :)
Chaang-Noi: he just trolled my threads hard with crazy stuff like theymos and nefario were defruading my investors with me
Chaang-Noi: i just trolled his thread to show people how crazy he was
EskimoBob: Unstable? how unstable? Like usagi?
Chaang-Noi: cuz he went into every thread i had and made shit up
Chaang-Noi: he thinks theymos and neferio are working with me to sell fake stocks on glbse
Chaang-Noi: and he kicked you out at the drop of a hat for no reason
EskimoBob: i did not know that... shit. this guy is unstable
EskimoBob: I was actually in his side and not goats
EskimoBob: I guess he did not like my comment about the drama
EskimoBob: fuck, this is really strange because I was promoting hes service, not getting in the middle of goats and piotrs fight and actually asking them to chill out
Chaang-Noi: i was just trolling him cuz i knew he would act liek this
EskimoBob: thanx man, I this piotr guy can go and fuck himself unless he apologises in that same forum thread
Chaang-Noi: you can tell him i was just fucking with him if you want :)
Diablo-D3: leotreasure: hiding with kim dotcom
Diablo-D3: this is why I have not given much in the way of fucks over dmc
Diablo-D3: the entire community is full of assholes
assbot: [MPEX] [S.MPOE] 32200 @ 0.00043344 = 13.9568 BTC [+]
assbot: [MPEX] [S.MPOE] 4065 @ 0.00043494 = 1.768 BTC [+]
assbot: [MPEX] [S.MPOE] 1200 @ 0.00043515 = 0.5222 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00043537 = 3.0911 BTC [+]
assbot: [MPEX] [S.MPOE] 6035 @ 0.00043551 = 2.6283 BTC [+]
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
gribble: This user has not yet been rated. WARNING: Currently not authenticated.
gribble: Currently authenticated from hostmask tonikt!~tonikt@unaffiliated/tonikt . User tonikt, rated since Mon Jul 9 09:55:31 2012. Cumulative rating 6, from 5 total ratings. Received ratings: 5 positive, 0 negative. Sent ratings: 7 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=tonikt tonikt: kakobrekla: do you have something against me?
EskimoBob: I am truly surprised that he acted like this with out any reason
kakobrekla: well im not particuraly fond of this semi random kicking out
EskimoBob: do you understand that I was on your side?
kakobrekla: and well tbh, "If they are licking your balls, or compromising my reputation - yes!"
kakobrekla: i was checking the reputation being compromised
tonikt: so you think goat, nefario an theymos are honest people?
EskimoBob: theymos and neff are as bad as this trendon fuck
tonikt: With you EskimoBob, I'm done
tonikt: kakobrekla: Would you let them into your service?
EskimoBob: I am honestly surprised that you acted like that tonikt
Chaang-Noi: and yeah i can be a giant asshole at times :)
kakobrekla: i run bit4x and smpake, why would i disallow them to use it - i have no reason to
Chaang-Noi: anyway guys, ill be back alter, time for a massage :)
EskimoBob: i have promoted your service in almost every message lately and inviting pople over and now this
tonikt: I'm just taking good care of the reputation of assets-otc
kakobrekla: for all i care pirate can open a forex account with me
tonikt: You don't like it - I dont care
EskimoBob: tonikt: you have no assets in otc any more
kakobrekla: whole community dont like -you dont care
EskimoBob: running service like that you can not be such a drama queen and a fkn flip-flop
EskimoBob: anyone can piss you off just by spelling your name wrong tonikt.
tonikt: EskimoBob: you were offending me back then, when I was saying that Goat and Nefario were crooks
EskimoBob: I am glad it happened so early and not on later time.
tonikt: Then I turned out be be right...
tonikt: You came asking me, aprologizing, if you can use my service
tonikt: I let you in - but you did not learn the lesson
tonikt: And you have kept offending me
tonikt: So, thats why I'm done with you
tonikt: kakobrekla: are you his lawyer?
tonikt: Quite: "Chaang Noi, thank you for the warning. Good news is that assetc-otc owner has no access to issuers nor investors coin."
tonikt: Thats an offense for me
EskimoBob: " I had my share of word fights with piotr_n not too long ago but it's water under the bridge and all have moved on.
EskimoBob: The asstes-otc ideas has potential (if it gets a "trading" interface"
EskimoBob: tonikt dude, you obviously have some serious issues. Sorry, I can not deal with someone as unstable as you and I can not recommend your services to anyone from now on
EskimoBob: fuck me... this is worst than soap opera... LOL
tonikt: I agree - I don't take it seriously, you do all the drama and I just do "update assets set delisted=1 where id=2" - and then just laugh... :)
EskimoBob: like damn emo-girls on their fkn periods
tonikt: I know EskimoBob that you cannot deal with me - and that is because I will not allow you to deal with me amnymore
tonikt: But, please keep dealing with Goat
EskimoBob: tonikt: you just demonstrated how fucked up up actually are :)
tonikt: EskimoBob: "fucked up" is quite a relative term :)
tonikt: ... so I'm tending to agree on it.. :)
Diablo-D3: SUPERGOAT TO THE RESCUE! FORM OF A BONG!
tonikt: Don't deny your feelings
EskimoBob: just fuck off now tonikt, you need to grow up
tonikt: hey, you came to me - remember?
tonikt: you appologized for being a dick to me in a past
tonikt: and then you asked if you can get your shit listed at assets-otc
tonikt: and then you showed me your disrespect
tonikt: and then I delisted you
EskimoBob: and now you think that I have insulted you somehow?
tonikt: and now you tell me: fuck off
Diablo-D3: quickly tonikt, write an EskimoBob x goat fanfic
Diablo-D3: post it to the forums for great victory
tonikt: so, I would not be so sure that I am a one who needs to grow up
EskimoBob: and you just pissed it all away tonikt
Diablo-D3: man, whats with all this commentary about needing to grow up
tonikt: A gave you a chance - and you blew it
EskimoBob: i blew nothing :) you flipped out over nothing and acted like a asshat
tonikt: Sure, my loss... what am I going to do now? :)
tonikt: I hope you guys understand that I do this project more as a hobby
tonikt: So there is no way that I am going to let anyone using my work for free while disrespectful to me at the same time
EskimoBob: LOL, I was one of the few guys actually on your side
kakobrekla: 13:50.45 ( tonikt ) I hope you guys understand that I do this project more as a hobby
kakobrekla: meaning what exactly, with nefario those words ment he doenst give much fuck
kakobrekla: i dont think other peoples money + hobby doesnt go well together
assbot: [MPEX] [S.MPOE] 400 @ 0.00043247 = 0.173 BTC [-]
assbot: [MPEX] [S.MPOE] 1981 @ 0.00043052 = 0.8529 BTC [-]
tonikt: kakobrekla: do you have an idea what assets-otc is about?
tonikt: it's not an exchange like glbse was
tonikt: I dont touch any money
kakobrekla: well, if it was anything like bitcoin-otc there wouldnt have bans like that
tonikt: EskimoBob can still log in and owe assets at the service
tonikt: he is just not allowed to be an asset issuer
tonikt: because I need to take care of the reputation of this service
kakobrekla: nanotube rep doenst go down if 10 scammers join otc
EskimoBob: you pissed on your "reputation" (that was low anyways) buy showing how unstable you can be
tonikt: kakobrekla: but nanotube does not hold onyone's bitcoins?
tonikt: while the asset issuers in my doervice do
EskimoBob: sorry man, I was really trying to promote your service.
tonikt: So I will go my best to protect the users from dishonest asset issuers
EskimoBob: tonikt: so do not you hold any coin
kakobrekla: seriosusly girls, get your shit together.
tonikt: kakobrekla: well, it isnt me who has been crying here
EskimoBob: forget it, I am not going to waste my time on this egomaniac
tonikt: if any of us - it would rather be you :)
EskimoBob: tonikt: I d di not cry. I was just surprised what you did and your reason for this is ... how to put it ....
tonikt: And you are still surprised, despite my explanations
tonikt: And you are still crying
tonikt: What can I tell you guys: my server - my rules
kakobrekla: tonikt now you are starting to insult me. :)
tonikt: kakobrekla: you started first
tonikt: I came here because you mentioned myh name in a negative contect
tonikt: Let me quote: jeez. even i made txes with him.
tonikt: So it seem like now you regret making txes with me back then
tonikt: Well, it that makes you feel better: I regret it too :P
tonikt: Well you tell me - these are your words
tonikt: Maybe we understand English differently
kakobrekla: yeah, i was wondering what otc ratings were behind the words "If they are licking your balls, or compromising my reputation - yes!"
tonikt: But your expression about making txes with me in the past came out as quite regretful
tonikt: kakobrekla: but you know that the person who I spoke these words to does not have any OTC rating
tonikt: because he says that OTC is shit
tonikt: (though that may not be an exact quite)
Diablo-D3: [08:03:21] <kakobrekla> yeah, i was wondering what otc ratings were behind the words "If they are licking your balls, or compromising my reputation - yes!"
Diablo-D3: why is that guy against homosexuality?
tonikt: So if you don't have the full picture, how dare you judging me by one sentence, not even spoken towards you?
Diablo-D3: Ball licking between two consensual adults is protected by the constitution.
Diablo-D3: kakobrekla: implication that ball licking is bad
tonikt: and not seeing it as a metaphore
tonikt: fi you would have said "kiss ass" instead of "lick balls" - would that sound better to you?
tonikt: and would that be then acceptable?
Diablo-D3: no one is kissing anyone's ass anyhow
Diablo-D3: eskimobob and goat are both forum trolls
kakobrekla: you knew this before you let him be an issuer in assets otc?
tonikt: No - I gave him the benefit of the doubt
tonikt: But as I said: he just blew it a few days later
tonikt: And I don't see any harm done, so I do not understand why you are acting like EskimoBob was a victim and you were his advocate
tonikt: A minor mistake - and fixed already
kakobrekla: the lack of biz ethics in bitcoin bothers me
kakobrekla: thats this topic is interesting to me.
tonikt: biz ethics - wtf is this?
tonikt: never heard about anything like this
tonikt: why wont you teach me, then?
tonikt: I have the whole afternoon
tonikt: But tell me please, was it more the balls related sentence I spoke to Goat - or the fact that i fixed my mistake and kicked EskimoBob's asset out of my service - which one of the two violated the biz ethics?
EskimoBob: this drama and unstability is tiresome. I am glad that this little man flipped out so early and not at some later date. Egomaniacs and primadonnas are bad news and annoying
Diablo-D3: tonikt: they both trolled you and won
EskimoBob: I did not troll him at all Diablo-D3
EskimoBob: unless you have no idea wtf trolling means Diablo-D3 :)
tonikt: I dont care about they trolling me
tonikt: And I dont care about EskimoBob neither Goat
Diablo-D3: EskimoBob: you had a legitimate asset listed on his service, correct?
tonikt: I just wander what does kakobrekla have against me and my ethics?
Diablo-D3: EskimoBob: legitimate assets are considered trolling now
EskimoBob: tonikt: you have no ethics, obviously
tonikt: EskimoBob: as for your standards, I really hope that you see me like this :)
EskimoBob: tonikt: are you sure you are a man?
tonikt: EskimoBob: why would you care if I'm a man?
EskimoBob: maybe you are a lonely and angry girl?
tonikt: You do business with Goats daily
tonikt: Well, not anymore, after your other hero Nefario shut down the webpage
tonikt: But you are still kissing Goats ass
tonikt: Ho do you kiss his ass?
assbot: [MPEX] [S.MPOE] 33700 @ 0.00043154 = 14.5429 BTC [+]
tonikt: I just gave you a quote - look above
tonikt: And I am sure I could find hundreds of such on bitcaoointalk
EskimoBob: i thanked him for a warning and that was it.
EskimoBob: worst thing is, he was RIGHT! you are unstable :)
tonikt: Oh, I am extremely stable - I just don't do business with crooks
tonikt: And as soon as I identify one, I just kick him out
EskimoBob: fuck dude, you are funny little man
tonikt: But for all the other, nobody complains about my stability
EskimoBob: stability? you have none to complain about :P
tonikt: mircea_popescu: assets-otc.com
tonikt: Definietlly less profitable than yours
tonikt: I's actually say: a negative profit :)
tonikt: But it does have a future - best security a man can get so after all the other exchanges get hacked, robbed or closed - mine will be the only one left :)
tonikt: At least that's the plan :)
mircea_popescu: thinking you can replicate the things by copying what you perceive of their surface.
tonikt: You obviously dont understand my system if you think I copied your idea
tonikt: I told you: I dont even know what your idea is about
tonikt: Well, I cannot be 18 anymore - thats one thing for sure
tonikt: But as for the rest... we will see
tonikt: but I can swear in english pretty well :P
tonikt: usually some first words you learn in a language
Chaang-Noi: Diablo-D3> eskimobob and goat are both forum trolls <--- I troll to make a point.. i have skills :)
Chaang-Noi: <EskimoBob> this drama and unstability is tiresome. I am glad that this little man flipped out so early and not at some later date. Egomaniacs and primadonnas are bad news and annoying <--- this is why i was trolling, i wanted him to go nuts sooner rather than later
tonikt: oh, they keep exploiting the fact that I kicked out EskimoBob's asset from assets-otc
kakobrekla: oh come on Chaang-Noi, you find a reason in aftermath for everything you do
Chaang-Noi: no, i even sent a pm about it to scholastic
mircea_popescu: jesus there's so much nothing happening in btc every day i find it impossible to keep track
Chaang-Noi: as soon as i found out who was running that service i went there to fuck with his head
Chaang-Noi: kakobrekla read the thread, im clearly trolling with him and trying to provoke him
Chaang-Noi: he just going nuts on eskimobob was unexpected
Chaang-Noi: i just assume i would make him look crazy with his conspiricy theorys
tonikt: EskimoBob: so now you see who to blame - Goat provoked me to kick you out :)
Chaang-Noi: he did more than i expected but that was my goat...
tonikt: .... and I just could not stand the pressure the guy put onto me :)
kakobrekla: 14:37.51 ( Chaang-Noi ) as soon as i found out who was running that service i went there to fuck with his head < - so you are saying you had something against tonikt before this drama now? what was it?
Chaang-Noi: go read the thread, he went into all my asset threads and made silly claims about me selling fake bonds
Chaang-Noi: he even called neferio and theymos as pat of my bitches
mircea_popescu: so to make a long story short, eskimobobby launched some asset (was it that recording studio thing ?) and tonikt pulled a nefario/goat thing ?
Chaang-Noi: the thing is, we dont know why he did it
Chaang-Noi: Kakobrekla you should read the thread, and see all the crazy attacks he has made aginst me
tonikt: mircea_popescu: unlike you I dont run an exchange
kakobrekla: i dont have time currently if its not a single post.
jurov: mircea i really appreciate you puting in faq :)
jurov: tonikt, while you are here, can you please explain why you aren't same thing as mpex?
tonikt: because mpex holds bitcoins
Chaang-Noi: tonikt why did you think nefario lied and let me sell "counterfit" bonds?
Chaang-Noi: why do you keep calling him "my bitch"
tonikt: I only help to process PGP signed contracts and the bitcoin payments go over the counter
Chaang-Noi: are you not aware of our relationship? :)
tonikt: .. plus lets face it: mpex looks like shit :)
tonikt: while the UI of my service is pretty intuitive
assbot: [MPEX] [S.MPOE] 3450 @ 0.00043154 = 1.4888 BTC [+]
assbot: [MPEX] [S.MPOE] 6559 @ 0.00043237 = 2.8359 BTC [+]
jurov: tonikt, where is the advantage to selling assets over bitcoin-otc directly?
Chaang-Noi: with tonikt you get to trust the assets will be delisted almost at random, lol
jurov: and talking about UI, bitcoin-otc at least has some order book, do you have one?
tonikt: Since the page helps to keep the account balanaces it can help to pay out dividends, proportionally to the share owned
tonikt: jurov: If you were an asset issuer, you'd definitely prefer to use the system like assets-otc, rather than keep all the books manually
tonikt: It automates a pretty huge part of the bureaucracy behind bookkeeping
jurov: okay, that's nice but i'm asking about order book atm.
tonikt: order book - I just suggest to use the OTC one
tonikt: why to re-invent the wheel
jurov: oh, then you are NOT an exchange. just some app to help asset issuers.
tonikt: I'm saying it all the time - but people just dont seem to get it
tonikt: You can store assets at assets-otc, you get a PGP signed receipts, but it is not a trading platform
jurov: hm.. wouldn't that work much better as desktop app, at least for asset holders?
tonikt: assets-otc is more like a bitcoin wallet, rather than a bitcoin exchange
tonikt: jurov: isn't a web browser also a desktop app?
tonikt: plus of course, to handle the service you need a desktop app: GnuPG
jurov: as seen in the past, some will rather die than to copy/paste text to gpg and paste the result back to browser
jurov: it shouldn't be hard to streamline
tonikt: But my service is for other customers
tonikt: The rkey requirement is: security
tonikt: Even the dividend payment tool was designed and made in a way that you can use it offline
tonikt: At a PC that has never been connected to a network
tonikt: You just download an archive with the entire history of your assets transaction - it's a zip file with PGP signed contracts inside and the keys
tonikt: You take this zip file to an offline PC, setup how many BTC you want to pay and run the tool..
jurov: so, dividend issuers have a nice tool they'll need maybe once a month... but end users shall fumble with gpg and browserevery time they trade?
tonikt: And then the tool process the contracts one by one verifying signatures - to calculate the final balance and output a proper sendmany RPC command
tonikt: But don't the end users care about the security of their assets?
jurov: tell me, why should be a desktop app that just calls gpg insecure?
tonikt: I think they do - and so eventually, after another exchange crashes, they will finally understand that a system like assets-otc is the only ultimatelly secured solution
tonikt: jurov: I'm not saying that a desktop app would not be secured
tonikt: but it would be kind of hard to distribute a new desktop app (in binary version, I presume) with the same kind of trust as the old fasion gpg has already
tonikt: I mean: bitcoin-otc has been using it - so people know how to handle it
tonikt: At least some people...
tonikt: I guess you could ask the same question to nanotube: why he did not come out with a desktop app, instead on the bot?
assbot: [MPEX] [S.MPOE] 25941 @ 0.00043237 = 11.2161 BTC [+]
assbot: [MPEX] [S.MPOE] 1759 @ 0.00043324 = 0.7621 BTC [+]
tonikt: Definitelly assets-otc is not for daily traders
tonikt: ... but more for long time investors, who dont mind to copy/past gpg stuff one a month or so, just to make sure that nobody will put hands on their assets/bitcoins during the process
tonikt: And in practice it's not harder to use it than bitcoin-otc
assbot: [MPEX] [S.MPOE] 10800 @ 0.00043262 = 4.6723 BTC [-]
pigeons: ;;rate EskimoBob good dealings
gribble: Error: 'good' is not a valid integer.
pigeons: ;;rate EskimoBob 2 good dealings
gribble: Rating entry successful. Your rating of 2 for user EskimoBob has been recorded.
EskimoBob: Thank you pigeons. I have your coin BTW. As you know, tonikt got mad and delisted my project. I am going to look for another listing option. Do you want me to send you back your coin?
assbot: [MPEX] [S.MPOE] 7300 @ 0.00043059 = 3.1433 BTC [-]
assbot: [MPEX] [S.MPOE] 23319 @ 0.00043052 = 10.0393 BTC [-]
assbot: [MPEX] [S.MPOE] 11100 @ 0.00042888 = 4.7606 BTC [-]
assbot: [MPEX] [S.MPOE] 781 @ 0.00042837 = 0.3346 BTC [-]
pigeons: I'd prefer if you issue an OT contract, even if its on an OT server i have to setup
pigeons: we'll figure something out
EskimoBob: tonikt: you forgot to mention that your security = delisted at any time you are in a bad mood
EskimoBob: jurov: OT has all that functionality with 2 major differences - you can not be delisted by a moody joker and it has quoting system
EskimoBob: pigeons: I think I am going the OT way and I'll find someone who issues the BTC derivative or do it myself as a market maker
EskimoBob: I am going to use the contract I have up in the forum and the divs will be around 20% a year
Diablo-D3: heh, I got that lesson with nefario =/
EskimoBob: Nefario is another type of asshole. This pior_n fuck just wasted my time :)
EskimoBob: if we get the securities out of the GLBSE, we can move on but assets-otc is out for good. It offers nothing that OT can not
assbot: [MPEX] [S.MPOE] 37800 @ 0.00042851 = 16.1977 BTC [+]
assbot: [MPEX] [S.MPOE] 6290 @ 0.00043198 = 2.7172 BTC [+]
assbot: [MPEX] [S.MPOE] 27110 @ 0.00043262 = 11.7283 BTC [+]
assbot: [MPEX] [S.MPOE] 16000 @ 0.00042953 = 6.8725 BTC [+]
Diablo-D3: dare someone to post that as a reply to goat on the forums
Diablo-D3: just find a thread and be like BAM
mircea_popescu: "once the news about what we are talking about gets out, MPEX will be under huge pressure, if they want or not"
Diablo-D3: mircea_popescu: china is jerking as fast as they can
assbot: [MPEX] [S.MPOE] 18777 @ 0.00042873 = 8.0503 BTC [-]
Diablo-D3: mircea_popescu: internet lawyer is another word for douchebag, yeah?
thestringpuller: mircea_popescu: why do all british lawyers have funny teeth...
assbot: [MPEX] [S.MPOE] 23500 @ 0.00042953 = 10.094 BTC [+]
assbot: [MPEX] [S.MPOE] 4319 @ 0.00042961 = 1.8555 BTC [+]
assbot: [MPEX] [S.MPOE] 15776 @ 0.00042873 = 6.7636 BTC [-]
assbot: [MPEX] [S.MPOE] 6147 @ 0.00042873 = 2.6354 BTC [-]
assbot: [MPEX] [S.MPOE] 4996 @ 0.00042801 = 2.1383 BTC [-]
assbot: [MPEX] [S.MPOE] 7952 @ 0.00042792 = 3.4028 BTC [-]
assbot: [MPEX] [S.MPOE] 7081 @ 0.00042961 = 3.0421 BTC [+]
assbot: [MPEX] [S.MPOE] 34619 @ 0.0004306 = 14.9069 BTC [+]
assbot: [MPEX] [S.MPOE] 1981 @ 0.0004306 = 0.853 BTC [+]
assbot: [MPEX] [S.MPOE] 21340 @ 0.00043102 = 9.198 BTC [+]
assbot: [MPEX] [S.MPOE] 2174 @ 0.00043103 = 0.9371 BTC [+]
assbot: [MPEX] [S.MPOE] 4505 @ 0.00043194 = 1.9459 BTC [+]
assbot: [MPEX] [S.MPOE] 33295 @ 0.00043194 = 14.3814 BTC [+]
assbot: [MPEX] [S.MPOE] 39456 @ 0.00043254 = 17.0663 BTC [+]
assbot: [MPEX] [S.MPOE] 52202 @ 0.00043312 = 22.6097 BTC [+]
assbot: [MPEX] [S.MPOE] 24098 @ 0.00043324 = 10.4402 BTC [+]
assbot: [MPEX] [S.MPOE] 30300 @ 0.00043347 = 13.1341 BTC [+]
assbot: [MPEX] [S.MPOE] 20300 @ 0.00043349 = 8.7998 BTC [+]
assbot: [MPEX] [S.MPOE] 28700 @ 0.00043438 = 12.4667 BTC [+]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00043463 = 4.7375 BTC [+]
assbot: [MPEX] [S.MPOE] 27700 @ 0.00043475 = 12.0426 BTC [+]
assbot: [MPEX] [S.MPOE] 14600 @ 0.00043511 = 6.3526 BTC [+]
assbot: [MPEX] [S.MPOE] 1265 @ 0.00043551 = 0.5509 BTC [+]
assbot: [MPEX] [S.MPOE] 9600 @ 0.00043591 = 4.1847 BTC [+]
assbot: [MPEX] [S.MPOE] 48105 @ 0.00043599 = 20.9733 BTC [+]
assbot: [MPEX] [S.MPOE] 48428 @ 0.00043602 = 21.1156 BTC [+]
assbot: [MPEX] [S.MPOE] 55200 @ 0.00043607 = 24.0711 BTC [+]
assbot: [MPEX] [S.MPOE] 22029 @ 0.00043623 = 9.6097 BTC [+]
assbot: [MPEX] [S.MPOE] 42300 @ 0.00043626 = 18.4538 BTC [+]
assbot: [MPEX] [S.MPOE] 4300 @ 0.00043645 = 1.8767 BTC [+]
assbot: [MPEX] [S.MPOE] 32797 @ 0.00043646 = 14.3146 BTC [+]
assbot: [MPEX] [S.MPOE] 14469 @ 0.00043652 = 6.316 BTC [+]
assbot: [MPEX] [S.MPOE] 36035 @ 0.00043675 = 15.7383 BTC [+]
assbot: [MPEX] [S.MPOE] 25300 @ 0.00043688 = 11.0531 BTC [+]
assbot: [MPEX] [S.MPOE] 3686 @ 0.00043699 = 1.6107 BTC [+]
assbot: [MPEX] [S.MPOE] 4541 @ 0.00043756 = 1.987 BTC [+]
assbot: [MPEX] [S.MPOE] 49000 @ 0.00043766 = 21.4453 BTC [+]
assbot: [MPEX] [S.MPOE] 33400 @ 0.00043772 = 14.6198 BTC [+]
assbot: [MPEX] [S.MPOE] 56900 @ 0.00043772 = 24.9063 BTC [+]
assbot: [MPEX] [S.MPOE] 47500 @ 0.00043805 = 20.8074 BTC [+]
assbot: [MPEX] [S.MPOE] 20900 @ 0.0004381 = 9.1563 BTC [+]
assbot: [MPEX] [S.MPOE] 37675 @ 0.00043888 = 16.5348 BTC [+]
assbot: [MPEX] [S.MPOE] 44711 @ 0.00043908 = 19.6317 BTC [+]
assbot: [MPEX] [S.MPOE] 42700 @ 0.00043928 = 18.7573 BTC [+]
assbot: [MPEX] [S.MPOE] 46200 @ 0.0004397 = 20.3141 BTC [+]
assbot: [MPEX] [S.MPOE] 47600 @ 0.00043979 = 20.934 BTC [+]
assbot: [MPEX] [S.MPOE] 96386 @ 0.00044 = 42.4098 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00044014 = 0.4401 BTC [+]
assbot: [MPEX] [S.MPOE] 24400 @ 0.00044033 = 10.7441 BTC [+]
assbot: [MPEX] [S.MPOE] 22022 @ 0.00044061 = 9.7031 BTC [+]
gigavps: thestringpuller what happened to mpoe?
assbot: [MPEX:S.MPOE] 1day: 0.00042792 / 0.00043299 / 0.00044061 (2641504 shares, 1,143.76 BTC), 30day: 0.00025015 / 0.00036942 / 0.00046059 (90162666 shares, 33,308.55 BTC)
assbot: [MPEX] [S.DICE] 29629 @ 0.003375 = 99.9979 BTC [-]
mircea_popescu: in other news, "Good news. We have figured out a solution for this problem. Bitmit is not going to be sold. Business as usual. We are sorry for the insecurity this may have caused."
assbot: [MPEX] [S.MPOE] 23800 @ 0.00043317 = 10.3094 BTC [-]
thestringpuller: "In 2006, Gerald Smith estimated $250 million could produce 10 milligrams of positrons[38] (equivalent to $25 billion per gram)"
mircea_popescu: no, apparently the bids on that were just as fake as all therest
mircea_popescu: and so they ended up selling to themselves so business as ... normal./
thestringpuller: are there any financial figures floating around? or is it privately held?
mircea_popescu: glbse was making for the "sharegholders" less than what the crown was paying taaki as welfare.
mircea_popescu: yes, it makes no sense to buy rl world items with bitcoin. after all the trouble you went to buy bitcoin in the first place.
noagendamarket: nefario took most of the glbse funds thats why the shareholders didnt get much :P
mircea_popescu: noagendamarket even if we were to take the 500 a month figure seriously, it still doesn't pay the rent.
mircea_popescu: you can lay off now, nobody's going to pay you money for your shares anyway.
mircea_popescu: no, you were actively trying to sucker someone into buying them a few weeks back.
mircea_popescu: and in general, stop trying to act like you're either legitimate or respectable. neither's the case.
noagendamarket: Theymos asked me about it but I hadnt said yes or no when nefario shut the site down
thestringpuller: As my boss says, "Behind every successful person lies a pack of haters"
thestringpuller: you're right though: "it makes no sense to buy rl world items with bitcoin. after all the trouble you went to buy bitcoin in the first place."
mircea_popescu: yeah. it's just an intellectually lazy way to think "oh, im a btc entrepreneur"
thestringpuller: entrepreneur's success is generally measured by the jobs they create
thestringpuller: "BitCoins might not provide us as much financial security in the short-term, but it would definitely empower us overall."
thestringpuller: Don't you feel empowered by operating MPEX mircea_popescu?
Diablo-D3: no, he gets that from beating women
assbot: [MPEX] [S.MPOE] 15800 @ 0.00043394 = 6.8563 BTC [+]
assbot: [MPEX] [S.MPOE] 12160 @ 0.00043317 = 5.2673 BTC [-]
assbot: [MPEX] [S.DICE] 115000 @ 0.003375 = 388.125 BTC [-]
assbot: [MPEX] [S.MPOE] 4540 @ 0.00043317 = 1.9666 BTC [-]
noagendamarket: in Australia even the middle class get welfare of some sort
Azelphur: Chaaang-Noi: you can always take my approach, one of the perks of having Autism is that the welfare people never fuck with me
Chaaang-Noi: so lets say im in the usa and i dont want or cant work
Azelphur: go to local walmarts and ask if you can have a large cardboard box
Chaaang-Noi: lol so welfare is good in england and aus but not usa?
Azelphur: I think that's pretty much the jist of it
assbot: [MPEX] [S.MPOE] 50060 @ 0.00043136 = 21.5939 BTC [-]
assbot: [MPEX] [S.MPOE] 2400 @ 0.00043394 = 1.0415 BTC [+]
assbot: [MPEX] [S.MPOE] 33278 @ 0.00044061 = 14.6626 BTC [+]
assbot: [MPEX] [S.MPOE] 47300 @ 0.00044072 = 20.8461 BTC [+]
assbot: [MPEX] [S.MPOE] 53900 @ 0.00044098 = 23.7688 BTC [+]
assbot: [MPEX] [S.MPOE] 1500 @ 0.00044131 = 0.662 BTC [+]
assbot: [MPEX] [S.MPOE] 11562 @ 0.00044289 = 5.1207 BTC [+]
noagendamarket: you dont get very much if you dont work in Australia either though...subsistence living
noagendamarket: thats why so many women get pregnant to get the single parents pension
assbot: [MPEX] [S.MPOE] 15900 @ 0.00043247 = 6.8763 BTC [-]
assbot: [MPEX] [S.MPOE] 4800 @ 0.00043247 = 2.0759 BTC [-]
assbot: [MPEX] [S.MPOE] 15200 @ 0.00042852 = 6.5135 BTC [-]
assbot: [MPEX] [S.MPOE] 16936 @ 0.00042823 = 7.2525 BTC [-]
gribble: Time since last block: 20 minutes and 52 seconds
EskimoBob: whats in the BTC TV? Any new soap operas or drama?
Chaang-Noi: minor pirate stuff, minoe bitcoincia stuff
gribble: Time since last block: 24 minutes and 53 seconds
gribble: Time since last block: 31 minutes and 59 seconds
assbot: [MPEX] [S.MPOE] 18100 @ 0.00043124 = 7.8054 BTC [+]
EskimoBob: mircea_popescu: I was reading that "Breakthrough Offers New Route to Large-Scale Quantum Computing" . BTC or any crypto-blah is not fucked yet but it's getting closer. 7 more years maybe and some lab has it up and working... and then BTC will become a blip in e-pages of history
gribble: Time since last block: 38 minutes and 1 second
Chaang-Noi: i wanted to see if a transaction was good
Chaang-Noi: i used the same wallet on two computers and everything got fucked up
Chaang-Noi: not sure what went wrong, used the wallet for oever 1 year and have over 5000 transactions and several hundred address
assbot: [MPEX] [S.MPOE] 7063 @ 0.00043543 = 3.0754 BTC [+]
rg: when i wake up ltc diff will be down
mircea_popescu: wtf, we get quantum computers can't even grow a decent banana ;/
EskimoBob: mircea_popescu: you know that this yellow banana we like so much is going to die out
assbot: [MPEX] [S.MPOE] 48400 @ 0.00043651 = 21.1271 BTC [+]
assbot: [MPEX] [S.MPOE] 627 @ 0.00043651 = 0.2737 BTC [+]
assbot: [MPEX] [S.MPOE] 16708 @ 0.00043728 = 7.3061 BTC [+]
assbot: [MPEX] [S.MPOE] 18750 @ 0.00043789 = 8.2104 BTC [+]
assbot: [MPEX] [S.DICE] 15326 @ 0.003375 = 51.7253 BTC [-]
assbot: [MPEX] [S.MPOE] 36800 @ 0.00044289 = 16.2984 BTC [+]
assbot: [MPEX] [S.MPOE] 1392 @ 0.00043986 = 0.6123 BTC [-]
assbot: [MPEX] [S.MPOE] 11300 @ 0.0004383 = 4.9528 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 4 @ 0.16325225 = 0.653 BTC [-]
assbot: [MPEX] [S.DICE] 20000 @ 0.003375 = 67.5 BTC [-]
assbot: [MPEX] [S.MPOE] 1471 @ 0.0004383 = 0.6447 BTC [-]
assbot: [MPEX] [S.MPOE] 32857 @ 0.00044004 = 14.4584 BTC [+]
assbot: [MPEX] [S.MPOE] 1752 @ 0.00044289 = 0.7759 BTC [+]
assbot: [MPEX] [S.MPOE] 20138 @ 0.00044289 = 8.9189 BTC [+]
assbot: [MPEX] [S.MPOE] 6710 @ 0.00044306 = 2.9729 BTC [+]
assbot: [MPEX] [S.MPOE] 18200 @ 0.00044106 = 8.0273 BTC [-]
assbot: [MPEX] [S.MPOE] 1772 @ 0.00044106 = 0.7816 BTC [-]
assbot: [MPEX] [S.MPOE] 27359 @ 0.00043935 = 12.0202 BTC [-]
assbot: [MPEX] [S.MPOE] 9884 @ 0.00044306 = 4.3792 BTC [+]
assbot: [MPEX] [S.MPOE] 46800 @ 0.00044214 = 20.6922 BTC [-]
Chaang-Noi: this is not me at all but seems some people have btc wallets
gigavps: has anyone talked with nefario about a timeline for the shutdown of glbse?
Diablo-D3: 10am: spends user funds to get hookers and blow
Diablo-D3: 2pm: why the fuck am I in a ditch, and why does my side hurt, and whats with this bag of ice
gigavps: Diablo-D3 i meant to get the asset holders lists
chmod755: i got 100% of my 0.00000000 BTC back
assbot: [MPEX] [S.MPOE] 54841 @ 0.00044121 = 24.1964 BTC [-]
Chaang-Noi: i kinda wonder if the "double payment fail" was just a stalling tactict.
assbot: [MPEX] [S.MPOE] 4000 @ 0.00044168 = 1.7667 BTC [+]
assbot: [MPEX] [S.MPOE] 117 @ 0.00044121 = 0.0516 BTC [-]
assbot: [MPEX] [S.MPOE] 27527 @ 0.00043914 = 12.0882 BTC [-]
assbot: [MPEX] [S.MPOE] 26100 @ 0.00043896 = 11.4569 BTC [-]
assbot: [MPEX] [S.MPOE] 2156 @ 0.00043802 = 0.9444 BTC [-]
pigeons: i'm wondering who this Anon commenter is that thought i was shareholder4. seems random. hit me up if you're here
pigeons: hmm unless its one of the 2 people i have on ignore
assbot: [MPEX] [S.MPOE] 13000 @ 0.00043802 = 5.6943 BTC [-]
pigeons: is that you're comment though?
pigeons: i wish i got misattributed the "worst. ceo. evar." quote instead at least
pigeons: thestringpuller: just private tech consulting services, no btc
pigeons: more freelancer than a "business"
thestringpuller: last of the freelance hackers are we? i have respect for that
thestringpuller: i used to be a freelance hacker. then i needed medical insurance
pigeons: more than some, less than others
pigeons: really? one one side of the wedge is everyone who got screwed. who is on the other side?
thestringpuller: well nefario showed his true colors. there are logs of him basically saying he would oppose law enforcement. the second the popo arrive due to rising publicity, he caves to political pressure.
pigeons: yeah i think its more of a betrayal than had it been someone who never had presented that they would fight for the cause
gigavps: so wtf has he been doing the last couple of weeks?
thestringpuller: he's a coward ultimately. no loyalty. loyalty is what will make or break this community. there is a saying in the orient, "loyalty to the end" if you truly believe in your cause you will die for it
copumpkin: what's the point in getting sent to jail for glbse?
copumpkin: and then glbse will get taken down anyway
copumpkin: it's not the kind of thing you can make a stand on
copumpkin: I think he's a weasel and incompetent
copumpkin: but it's stupid to expect him to stand up to law enforcement
copumpkin: yeah, it's really easy to just pick up and move countries
copumpkin: cause you know, you walk up to a consulate and say "yo, I wanna move my illegal bitcoin exchange to your country, gimme a work visa"
copumpkin: and they'll be like "yeah totally!"
assbot: [MPEX] [S.MPOE] 14400 @ 0.00044168 = 6.3602 BTC [+]
thestringpuller: gigavps: in the event you don't get asset holder information what will you do?
gigavps: if i start a claims process, how will i know who is not lying?
gigavps: if the claims go over 40k units issued, who doesn't get paid?
thestringpuller: there is a case nefario may decide to not release the db info
gigavps: Gigamining's contract is dependent on their being a highest traded price over the last 15 days
gigavps: so it will most likely mean that the contract will no longer be perpetual
gigavps: so if someone can come up with clear answers to these questions, i'm happy to continue Gigamining
Chaaang-Noi: giga, make sure you talk to your lawyer before you act as a broker
gigavps: that is another reason the contract would need to change
gigavps: because I cannot act as a broker or exchange
Chaaang-Noi: you are an american, so im not kidding, talk to your lawyer
gigavps: so most of the profitability of Teramining, which was being able to be the first to have it and flip it, is gone
thestringpuller: heh mircea hates mining bonds so i doubt mpex is an option
gigavps: so now anyone holding Gigamining and wants to upgrade to Teramining has to ask, just how many coins am i going to put in and is it even worth it
gigavps: but they won't know until a new contract is made and agreed upon
gigavps: and there is no point in making a new contract if i can't reliably know who owns what
gigavps: glbse doesn't have me by the balls, they have all of their/my customers by the balss
Chaaang-Noi: glbse had made it so giga is forced to keep all profit, glbse has fucked everyone who trusted glbse
gigavps: that is the most unfortunate part of this whole thing
gigavps: because it makes me look like a scammer in most outcomes
Chaaang-Noi: anyone who holds giga stock should sue glbse and their owners like theymos
Chaaang-Noi: yeah that is why im so pissed at neferio and theymos...
gigavps: thestringpuller i can only hope at this point
pigeons: wait, people don't like goat?
thestringpuller: the thing i dont get is why the platform didn't have an email list of the current asset holders for each particular issuer
Chaaang-Noi: pigeons really some people hate me, some people love me,
gigavps: and now matthew is banished from BTC
gigavps: see what happens when you hate goat
gigavps: thestringpuller you have any good answers to my questions?
assbot: [MPEX] [S.MPOE] 37500 @ 0.00044168 = 16.563 BTC [+]
assbot: [MPEX] [S.MPOE] 9200 @ 0.00044214 = 4.0677 BTC [+]
assbot: [MPEX] [S.MPOE] 6400 @ 0.00044221 = 2.8301 BTC [+]
assbot: [MPEX] [S.MPOE] 4544 @ 0.00043802 = 1.9904 BTC [-]
assbot: [MPEX] [S.MPOE] 256 @ 0.00043789 = 0.1121 BTC [-]
assbot: [MPEX] [S.MPOE] 26700 @ 0.00043789 = 11.6917 BTC [-]
mircea_popescu: pigeons> i wish i got misattributed the "worst. ceo. evar." quote instead at least << lol
mircea_popescu: i see nobody has any faith in nefario's future business plans ?!
gigavps: mircea_popescu i glad to see you are in a joking mood today
gigavps: thanks for clarifying that
mircea_popescu: but yes, what are you going to do with teraminign nao.
mircea_popescu: and re thestringpuller : i don't hate miner bonds. i just don't think they're a fit investment for the unsophisticated.
mircea_popescu: they're complicated to evaluate and easy to misconstrue.
assbot: [MPEX] [S.MPOE] 1094 @ 0.00043789 = 0.4791 BTC [-]
assbot: [MPEX] [S.MPOE] 14765 @ 0.00043728 = 6.4564 BTC [-]
assbot: [MPEX] [S.MPOE] 16030 @ 0.00043709 = 7.0066 BTC [-]
assbot: [MPEX] [S.MPOE] 6711 @ 0.00043707 = 2.9332 BTC [-]
gribble: smickles was last seen in #bitcoin-assets 1 day, 16 hours, 23 minutes, and 40 seconds ago: <smickles> but it would be nice in a way, rent, phone, internet, car, insurance for this month, that'll be 200 btc by this date please :)
mircea_popescu: lol, was gonna say email him, but i guess saying the name works too
assbot: [MPEX] [S.DICE] 45 @ 0.003375 = 0.1519 BTC [-]
assbot: [MPEX] [S.DICE] 3 @ 0.0034 = 0.0102 BTC [+]
assbot: [MPEX] [S.DICE] 1 @ 0.0034 BTC [+]
assbot: [MPEX] [S.DICE] 4 @ 0.0034 = 0.0136 BTC [+]
Doffx: S.Dice make a recovery?
assbot: [MPEX] [S.DICE] 14735 @ 0.0034 = 50.099 BTC [+]
Doffx: If I could sell mine id make 2 btc at .0034
Doffx: Too bad they were on Glbse
Doffx: If only you had given me a free account.
Doffx: Its clearly your fault.
Doffx: If I had bought an account id still be about 10 btc down.
mircea_popescu: so, if you spent 20 to get acct and remainder 10 to get s.dice you'd now have 1 acct worth 30 and 10 btc worth of s.dice
Doffx: Unless I had put all my btc in Mpex then id be up 90 or so
Doffx: So basically had I paid 20 btc id still have 70 or so
Doffx: There was no way for me to reliably see Glbse would go under like it did.
Doffx: I knew it would go under.
Doffx: Just though it would be easy to transfer Paper shares to a log to retrieve them, but noooo...
mircea_popescu: yeah, i don't think anyone could have imagined the explosion of fail that was awaiting in store for us there.
Doffx: mircea_popescu, I should have paid the 20 and invested, I cant bo back in time now though so oh well.
Doffx: Whats the update anyhow smickles?
smickles: it was too damn close either way mircea_popescu
Doffx: What will my 900 SS shares get me.
smickles: Doffx: with SS? no news, sadly
smickles: I can't verify that you are a share holder, so it's cruise-controll for now
smickles: did you see the latest financial report?
Doffx: It seems if I could get a number for my Sdice shares I could potentially get my btc back.
Doffx: No, I haven’t looked yet.
mircea_popescu: "look here's all the money we made that you can't touch cause i can't verify your ownership"
smickles: essentially, but, more apologetically :P
smickles: does that mean we're tounging now? (two :p)
Doffx: Wow nice I made btc on that.
Doffx: See not all my choices were dumb mircea_popescu
Doffx: I was in two reliable assets
Doffx: I know, I'm more making light of myself.
Doffx: Id like to get both shares sold and liquidate all my BTC I need the extra cash for rl crap.
smickles: Doffx: 900 SS? what would you sell them to me at?
Doffx: Id like to get back .015 if possible.
Doffx: Thats what I bought in at thereabouts
smickles: mircea_popescu: if i get a contract from him saying that he sells them to me, i see no problem in it
smickles: oh, well, I'd have to trust the other party
Doffx: I have 900 I actually know that for sure because its been the same for months
Doffx: Sdice Im unsure of
smickles: they either have to have the shares, or get the shares when they become available
Doffx: Its like 4559 or some number
EskimoBob: I guess nefario has not contacted any issuers... damn, how is this BS going to take
smickles: Doffx: i think i'd buy at 0.0109
Doffx: I may take that offer.
smickles: Doffx: let me draft up a contract for you to review then :)
gribble: Nick 'Doffx', with hostmask 'Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net', is not identified.
gribble: User 'Doffx', with keyid DE23494FA64F5DA1, fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address 1Q9FavHENPK7sATGm8ebthxG9EhQmaamw2, registered on Sat Apr 21 13:05:42 2012.
http://bitcoin-otc.com/viewgpg.php?nick=Doffx . Currently not authenticated.
Doffx: Crud, I didnt leave my PC on.
Doffx: I'm at work smickles it may have to wait until I get home to verify.
smickles: Doffx: no problem, i was just getting your fingerprint there
Doffx: Obviously you can send me the message and ill open later with my key.
assbot: [MPEX] [S.MPOE] 3389 @ 0.00043707 = 1.4812 BTC [-]
assbot: [MPEX] [S.MPOE] 20200 @ 0.00043679 = 8.8232 BTC [-]
assbot: [MPEX] [S.MPOE] 31195 @ 0.00043663 = 13.6207 BTC [-]
smickles: thestringpuller: is the site live now?
jurov: smickles, do you plan to move SS to mpex when glbse stuff is sorted out?
smickles: SS is winding down and I'm launching an accounting company.
smickles: I've already sent in the incorporation papers
jurov: if you end up doing it, i can offer your shareholders special coinbr accounts
smickles: jurov: that's a good offer, I hope you're extending that to all the glbse issuers
jurov: i already offered that to all passthrough operators
jurov: about the others.. doubt they'll get accepted on mpex
smickles: thestringpuller: I'm sure we can come to a mutually benificial arrangement without the use of marketing ploys :)
thestringpuller: smickles to answer your question it should be live within 48 hours to a few people
Doffx: What offers jurov?
Doffx: I must have missed a post somewhere about something
jurov: for example conibr is able to facilitate 1:1 exchange of GSDPT to S.DICE
assbot: [MPEX] [S.MPOE] 10975 @ 0.00043663 = 4.792 BTC [-]
smickles: Doffx: should glbse assets move to MPEx, jurov will set up asset holders with coinbr accounts
assbot: [MPEX] [S.MPOE] 34500 @ 0.0004365 = 15.0593 BTC [-]
assbot: [MPEX] [S.MPOE] 1713 @ 0.00043641 = 0.7476 BTC [-]
jurov: i made private offers
jurov: but everyone is waiting in glbbq
Doffx: Ahh, that would be cool.
Doffx: I doubt mepex would allow a lot of them though
BTC-Mining: oh, Nefario made an interview with Bitcoin Magazine?
gigavps: BTC-Mining where have you been :p
assbot: [MPEX] [S.MPOE] 38300 @ 0.00043641 = 16.7145 BTC [-]
BTC-Mining: Around. I just never had the article mentioned
BTC-Mining: I mostly got info from the leaked shareholders meeting
BTC-Mining: I hope asset info is released pretty soon
BTC-Mining: I'm up to 918 Gigamining shares by the way.
gigavps: BTC-Mining that's great, only wish i could confirm that somehow
BTC-Mining: Aye, I'm sure that will be released soon enough
gigavps: have you spoken with nefario?
BTC-Mining: Not yet. I don't really need any more info than what has already been reported by those who did.
smickles: am i up to date on that issue? some btc has been returned, but no share info?
gigavps: BTC-Mining i'm not sure if you realize this or not, but the perpetual contract can no longer exist
gigavps: the contract will have to change
BTC-Mining: Payment claims. Still many claiming to not have been paid however.
gigavps: if i get the info from glbse
gigavps: the buyback clause cannot be executed without glbse
gigavps: no way to know the highest trading price over the last 15 days
gigavps: i guess we could use the mpex etf to come to a price
gigavps: but i don't think anyone would like that price much
gigavps: because it's .05676 per bond right now
BTC-Mining: Simple, you'll probably have to process trades manually.
gigavps: unless you want me to go to prison
smickles: gigavps: wouldn't you be fine running it privately?
gigavps: smickles my lawyer is researching what, if anything, can be done
gigavps: seems everyone things mining bonds are actually perpetual
gigavps: except for that pesky buy back clause that everyone chooses to ignore
gigavps: maybe we should just use the mpex highest traded price
smickles: that would be reasonable, do any of thes listing contracts mention GLBSE specifically?
BTC-Mining: mpex price is considerably lower however because it is not assumed not to upgrade to Teramining.
gigavps: and google cache doesn't have a cache of glbse.com/asset/view/GIGAMINING
gigavps: BTC-Mining fine, i'll double it
Doffx: Wouldnt the twitter feed have the last sale of Gigamining>
Doffx: Or is that poof to
gigavps: my main point is that without a buyback clause that can be executed, the contract would need to be changed
gigavps: Doffx the last trade on glbse does not reflect the actions of glbse
smickles: how do you chang a contract without total concent tho?
smickles: i don't expect you had an amendment clause?
gigavps: smickles everyone who wants to get paid will probably need to agree to a new contract
gigavps: we are in uncharted waters here
mircea_popescu: smickles actually : some btc returned twice, some btc not returned.
Doffx: Yeah but you should be able to get the ave trade numbers from it since it was a running transaction log
smickles: mircea_popescu: oh yeah, i forgot about that bit
Doffx: If they still exsist
mircea_popescu: <BTC-Mining> Simple, you'll probably have to process trades manually. << this is insanity, seriously. how is he to do trades manually ?
gigavps: but does it reflect the value of gigamining today?
mircea_popescu: actually, while at it, why not ask him to produce water manually. from like, some hydrogen gas.
gigavps: mircea_popescu i only produce methane gas
Doffx: It reflects the value at the time of Glbse closing
smickles: mircea_popescu: manually, like with individual share transfer contracts
Doffx: Its as close as you will ever get.
gigavps: you didn't answer my question
smickles: mircea_popescu: and old tweets are disappeared by twitter
smickles: (unless you pay them for access)
gigavps: mircea_popescu someone on the forums posted the entire trading logs since glbse 2.0
Doffx: Has anyone logged this channel since it started?
BTC-Mining: <mircea_popescu> He'll have a list of which address holds how many shares. Someone with an address could sign his shares off to another address.
gigavps: BTC-Mining I WOULD BE BREAKING THE LAW
smickles: yeah, public trading is a no-go (in 'merica)
gigavps: Doffx i will ask my question again. Does the last traded price on glbse reflect the damage they have caused?
BTC-Mining: Well in your case, yes, being in the US is unfortunate
mircea_popescu: BTC-Mining, smickles : i'm just pointing out it's inhuman to expect someone to do this manually. esp on a high volume asset.
gigavps: they being GLBSE and nefario
Doffx: I said no, but that you could use the entire log to come up with the AVE price at the time of close.
Doffx: How else will you value it?
smickles: mircea_popescu: heh, yeah, I certainly agree, but there are additional issues too
mircea_popescu: even with no consideration of any law, it's not something you can ask of people any more than you can ask them to build you a house out of dry sand
assbot: [MPEX] [S.MPOE] 5987 @ 0.00043641 = 2.6128 BTC [-]
assbot: [MPEX] [S.MPOE] 39700 @ 0.00043612 = 17.314 BTC [-]
Doffx: Your going to have to do something like that eventually regardless if you get the glbse info back
assbot: [MPEX] [S.MPOE] 513 @ 0.00043563 = 0.2235 BTC [-]
smickles: Doffx: the data is currently unknowable :/
gigavps: i can probably make something to pay everyone coupon payments once i have the data from glbse
Doffx: I have no doubt you will come up with something fair.
gigavps: the only reason BTC-Mining owns so many gigamining shares was to flip them when they could be traded
Doffx: Some back = better than Nothing
Doffx: I log everything you say too.
Doffx: I'm currently writing a mircea_popescu tell all book from the Logs.
Doffx: Its one page so far.
Doffx: Of the girl with a title that says " I told you so"
Doffx: I bet that nude picks of mircea_popescu would sell better than the girl if priced right.
Doffx: Curiosity I bet, how scary is this dude
BTC-Mining: Hmm, but would it be illegal to merely transfer shares upon request? I'd assume AML would be required for that.
gigavps: sounds like Doffx is going to be bidding
gigavps: BTC-Mining glbse has royally effed 1000s of people
mircea_popescu: my ego is kinda stonework & masonry. pretty big, but also pretty uninflatable.
Doffx: Only channel I logged was btcst that was for Pirate tidbits.
Doffx: I dont bother anymore.
mircea_popescu: there's little difference between assbot and twitter anyway, seeing how it just echos
smickles: thestringpuller: irssi logs hard?
smickles: I have trouble with my tgumbs too. I just don't understand them
smickles: mircea_popescu: i've seen him on #bitcoin
smickles: he used to chat there a little, then he idled for months
smickles: i wonder if he even does that now
smickles: i wonder if he checks it anyway
assbot: [MPEX] [S.MPOE] 10000 @ 0.00043891 = 4.3891 BTC [+]
assbot: [MPEX] [S.MPOE] 55000 @ 0.00044 = 24.2 BTC [+]
assbot: [MPEX] [S.MPOE] 44100 @ 0.00044236 = 19.5081 BTC [+]
assbot: [MPEX] [S.MPOE] 23300 @ 0.00044277 = 10.3165 BTC [+]
assbot: [MPEX] [S.MPOE] 1606 @ 0.00044306 = 0.7116 BTC [+]
assbot: [MPEX] [S.MPOE] 1800 @ 0.00044336 = 0.798 BTC [+]
assbot: [MPEX] [S.MPOE] 35619 @ 0.0004438 = 15.8077 BTC [+]
assbot: [MPEX] [S.MPOE] 55600 @ 0.00044394 = 24.6831 BTC [+]
assbot: [MPEX] [S.MPOE] 10804 @ 0.00044408 = 4.7978 BTC [+]
assbot: [MPEX] [S.MPOE] 36300 @ 0.00044435 = 16.1299 BTC [+]
assbot: [MPEX] [S.MPOE] 46145 @ 0.00044437 = 20.5055 BTC [+]
assbot: [MPEX] [S.MPOE] 25500 @ 0.00044527 = 11.3544 BTC [+]
assbot: [MPEX] [S.MPOE] 43000 @ 0.00044539 = 19.1518 BTC [+]
assbot: [MPEX] [S.MPOE] 4900 @ 0.00044549 = 2.1829 BTC [+]
assbot: [MPEX] [S.MPOE] 46300 @ 0.0004457 = 20.6359 BTC [+]
assbot: [MPEX] [S.MPOE] 10026 @ 0.00044695 = 4.4811 BTC [+]
assbot: [MPEX] [S.MPOE] 17314 @ 0.00043563 = 7.5425 BTC [-]
assbot: [MPEX] [S.MPOE] 4537 @ 0.00043543 = 1.9755 BTC [-]
assbot: [MPEX] [S.MPOE] 31349 @ 0.00043537 = 13.6484 BTC [-]
jurov: mircea_popescu, the dividends are announced in rss, too?
jurov: or on twatter...i can't find any sample
smickles: jurov: assbot announces the dividends for mpex listing
jurov: and pulls them from where?
jurov: who programmed assbot? parsing function would be kindly appreciated
kakobrekla: give me a sec or so im in the middle of something
smickles: lol, that would be amazing if they were gave you the code to the charts :D
smickles: No amendment, change, or modification to this agreement will be effective or enforceable unless the text of it is appended to the end of a copy of this agreement and any previous amendments, changes, or modifications, which is signed by all parties involved, and signed by all parties involved.
jurov: ...copy of this agreement INCLUDING any previous...
assbot: [MPEX] [S.MPOE] 20851 @ 0.00043537 = 9.0779 BTC [-]
assbot: [MPEX] [S.MPOE] 5349 @ 0.00043478 = 2.3256 BTC [-]
mircea_popescu: Azelphur speaking of that bot, how's dev coming along ?
kakobrekla: jurov that alzy script wont give you dividends afaik, see pm
Azelphur: yea, mine doesn't parse dividends
Azelphur: mircea_popescu: still need to get working on it
mircea_popescu: but as a matter of principle, i don't think it's a good idea to allow such a thing. you will conceivably end up with 2mb of signatureporn
jurov: mostly done it using RSS instead and that's a bit different... so i'm on my own anyway
mircea_popescu: talk to me in 5 years, when we're back rubbing sticks together cause you fucked up civilisation.
mircea_popescu: Nice, but you could have at least plugged the most obvious security holes of the Bitcoinica source code before re-using it.
mircea_popescu: I handed over to the developper and meanwhile added a routine to check and correct users leverage.
dub: Bitfinex, How does it works?
mircea_popescu: anyway, this double p thing is quite fetching. i think i will double all my p's from now on given that english uses entirely too few p's in the first pplace
mircea_popescu: "I'm having mixed feeling towards this project. The security measures you have implemented seem really great, and inspire great confidence in your service. Using the source of a service that had some major issues, not so much."
mircea_popescu: Hi Mushoz, I understand this concern, there was a general lack of security features, that we tried to correct to the best, and that's why we're in beta. Hey, we already had a bug with Davout, because no check of the leverage!
mircea_popescu: this vaguely reminds me of the hapy-go-lucky attitude of that bitdaytrader dood, who was explaining how his best friend made over 21mn btc (by exploiting one of the umpteen bbilion holes in his "code")
assbot: [MPEX] [S.MPOE] 1220 @ 0.00043478 = 0.5304 BTC [-]
jurov: First, we invested so reserve funds adnd are ready (able) to take up to 400 btc and 4000 usd loss if shit should happen during the beta.
jurov: sounds almost like a bounty :)
gribble: BTCUSD ticker | Best bid: 11.70000, Best ask: 11.70001, Bid-ask spread: 0.00001, Last trade: 11.70000, 24 hour volume: 34341.96626791, 24 hour low: 11.47110, 24 hour high: 11.81000, 24 hour vwap: 11.69566
gribble: 1 BTC = 11.70000 U.S. dollars = 8.96895362 Euros
EskimoBob: LOL! "International Karmic Bitcoin Bank of Ponyville"
mircea_popescu: come to think about it... developopper sounds better than developper.
mircea_popescu: "Finally to answer your specific example: a user balance won't be able to be withdrawn to negative because we would have checked it (and the balances work without bugs)."
mircea_popescu: this is too good. i wish for myself this proscriptive ability where you draw the limits of what may to fail aforehand.
kakobrekla: im confused why no trolls are screaming 'scam'
mircea_popescu: According to my guy he used a hook called "after_commit" where needed, but I'm currently reviewing the code. Meanwhile if you can execute it that means he didn't do enough!
kakobrekla: hm if he is reviewing, why didnt he just code it himself
EskimoBob: we can all feel warm and fuzzy now :)
dub: the english is too good for alberto
dub: the fuck is this gox bot doing
dub: something killing the spread
assbot: [MPEX] [S.MPOE] 1200 @ 0.00043329 = 0.5199 BTC [-]
assbot: [MPEX] [S.DICE] 5000 @ 0.0033 = 16.5 BTC [-]
assbot: [MPEX] [O.BTCUSD.C190T] 6 @ 0.02836065 = 0.1702 BTC [-]
smickles: ;;calc ([ticker --bid] - 19) / [ticker --bid]
assbot: [MPEX] [O.BTCUSD.C160T] 2 @ 0.03042958 = 0.0609 BTC [-]
smickles: ;;calc ([ticker --bid] - 16) / [ticker --bid]
smickles: heh, I had a little help developing it
mircea_popescu: o nano has done some serious work on ticker huh ? sweet.
smickles: how does it work? isn't it essentially the formula we discussed (idunno) a week ago?
smickles: that's how ticker has always been
mircea_popescu: Aug 14 01:19:04 <gribble> Best bid: 11.8901, Best ask: 11.938, Bid-ask spread: 0.04790, Last trade: 11.8901, 24 hour volume: 52892, 24 hour low: 11.45, 24 hour high: 12
smickles: i don't think the ticker code has been modified in a while
gribble: BTCJPY ticker | Best bid: 947.617, Best ask: 964.614, Bid-ask spread: 16.99700, Last trade: 964.532, 24 hour volume: 333.75134016, 24 hour low: 935.400, 24 hour high: 964.533, 24 hour vwap: 955.074
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: Error: Failure to retrieve ticker. Try again later.
smickles: that could have some humor coded into it
gribble: Error: Please only choose at most one result option at a time.
kuzetsa: ;;tell smickles [ticker --bid] and [ticker --avg]
kuzetsa: I'm learning how to configure DKIM on postfix
kuzetsa: not going well, and it's making me sad :(
assbot: [MPEX] [S.MPOE] 9948 @ 0.00043773 = 4.3545 BTC [+]
assbot: [MPEX] [S.MPOE] 10052 @ 0.00043863 = 4.4091 BTC [+]
assbot: [MPEX] [S.MPOE] 1048 @ 0.00043647 = 0.4574 BTC [-]
assbot: [MPEX] [S.MPOE] 21648 @ 0.00043863 = 9.4955 BTC [+]
assbot: [MPEX] [S.MPOE] 6404 @ 0.00043867 = 2.8092 BTC [+]
assbot: !ticker <ticker> (desc: returns current MPEX ticker values)
assbot: !ticker <ticker> (desc: returns current MPEX ticker values)
assbot: [MPEX] [S.MPOE] 3200 @ 0.00043631 = 1.3962 BTC [-]
assbot: [MPEX] [S.MPOE] 37300 @ 0.00043631 = 16.2744 BTC [-]
assbot: [MPEX] [S.MPOE] 1700 @ 0.00043529 = 0.74 BTC [-]
assbot: [MPEX] [S.MPOE] 33600 @ 0.00043624 = 14.6577 BTC [+]
Chaaang-Noi: i tried to get him to do that over 6 months ago
Chaaang-Noi: he did not want to do it cuz he thought he would lose market share
assbot: [MPEX] [S.MPOE] 2400 @ 0.00043529 = 1.0447 BTC [-]
smickles: how many S.dice did gsdpt have?
smickles: Chaaang-Noi: you asked for that too?
assbot: [MPEX] [S.MPOE] 8500 @ 0.00043624 = 3.708 BTC [+]
assbot: [MPEX] [S.MPOE] 35116 @ 0.00043642 = 15.3253 BTC [+]
assbot: [MPEX] [O.BTCUSD.C100T] 1000 @ 0.14500172 = 145.0017 BTC [-]
assbot: [MPEX] [O.BTCUSD.P190T] 921 @ 0.62719675 = 577.6482 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 726 @ 0.11239778 = 81.6008 BTC [-]
Anduck: you're mr. coingenuity
Anduck: Diablo-D3: whats happening to DMC and how about the BFL.FAIL / BFL.SUCC ?
Anduck: i havent heard any news considering dmc lately
mircea_popescu: not really, cause an explosion technically consists of expelling matter outwards. no matter.
mircea_popescu: but that's a technical point. what'd you expect be happening to glbse assets ? noffin much.
Anduck: people gathered money via glbse
Anduck: people who gathered money just disappear with their moniee
Anduck: investors think wtf just happened
Anduck: why won't nefario atleast give a list of assests and share ownerships
Anduck: btw gigavps any news about pirate?
gigavps: Anduck nefario is probably holding the asset lists hostage to get the double payments back
mircea_popescu: gigavps course before he was holding them hostage to get w/e, theymos' 800
mircea_popescu: Anduck he "accidentally" made some double payments of btc cash
Anduck: so he actually did pay out btc that was held in glbse accs?
gigavps: Anduck as for pirate, your guess is as good as mine
mircea_popescu: i guess in the mid term he'll be holding them hostage to end the middle east crisis.
Anduck: nothing happened at 12th day or since that?
Anduck: very shady thing indeed.
gigavps: Anduck i received the coins back that were in my glbse account
gigavps: and it was rounded up to the tenth of a coin for some reason
gigavps: i did call nefario three times to make sure he knew how important it was that he returned the coins
gigavps: so that may of had something to do with it
Anduck: DeaDTerra still need a loan
gigavps: DeaDTerra you think the price is headed down?
assbot: [MPEX] [S.MPOE] 4144 @ 0.0004363 = 1.808 BTC [+]
EskimoBob: " general positivity of the community" :)
assbot: [MPEX] [S.MPOE] 1700 @ 0.00043751 = 0.7438 BTC [+]
assbot: [MPEX] [S.MPOE] 44400 @ 0.00043754 = 19.4268 BTC [+]
EskimoBob: DeaDTerra: only BTC advantage at the moment it's its price and collective hope, that it will go even higher and we get out of it, before it falls flat on it's face. Sorry, but that is all the advantage it got.
EskimoBob: close to 0 usable services in all of them :(
thestringpuller: 1 easier internet access to the black market, i.e. internet cash
EskimoBob: OK; there is this cool coffee seller and someone was offering overpriced VPS?
EskimoBob: thestringpuller: those are not services - this is infrastructure
EskimoBob: there are roads but no cars or places to go :)
thestringpuller: yes it is a bit early for bitcoins, maybe it would be more suited for when we have space travel
EskimoBob: thestringpuller: mug is cool, I know
thestringpuller: I plan to get rich or die trying, in order to by a space ship
thestringpuller: also today I'm talking with a coffee vendor on campus to put up a "bitcoin accepted here" sign to take metrics on bitcoin users in a technologically dense society
EskimoBob: But I am starting to think about real crowd financing because BTC people are used to 7% per week and everything else is out ;)
EskimoBob: not even per month probably unless we have a really good run
thestringpuller: Now they should know, since everyone is defaulting left and right.
EskimoBob: OT can be used but it's too complicated and confusing at the moment
EskimoBob: and first you have to buy btc derivatives to buy securities etc
EskimoBob: WOW! PPC is going up like mad monkey
assbot: [MPEX] [S.MPOE] 22600 @ 0.0004372 = 9.8807 BTC [-]
dub: also, bitcoin 'has a large community' is a negative aspect
dub: because its a very retarded community
dub: that scares most normal people away from bitcoin
dub: I have about 11btc worth!
dub: difficulty increased?
dub: ;;calc 50/13380.25645819
dub: looks like he's over paying
EskimoBob: I had few BTC in it too and even mined some for fun
B0g4r7: explain PPC to me plz. kthx.
EskimoBob: B0g4r7: you put X BTC in and take 2xX BTC out. Something like that
B0g4r7: I'm reading the "paper" and it's not making much sense.
Chaaang-Noi: but i hold some like 200k cuz i expect pump and dump
Chaaang-Noi: copumpkin today i was some soup, it was called "cream of pumpkin" and i thought of you:)
assbot: [MPEX] [S.MPOE] 6700 @ 0.00043754 = 2.9315 BTC [+]
assbot: [MPEX] [S.MPOE] 23227 @ 0.00043775 = 10.1676 BTC [+]
assbot: [MPEX] [S.MPOE] 22973 @ 0.00043834 = 10.07 BTC [+]
Chaaang-Noi: was got turned backwards some how saw/was/saw/was :)
Anduck: Chaaang-Noi: any news about pirate?
Chaaang-Noi: the people who were going to go after pirate but back out cuz of the oct 12 thing
Chaaang-Noi: they are now talking about doing something
Anduck: are you gonna do so smth?
Anduck: werent you the one who _was_ really going to do things?
Anduck: did anything happen at oct 12?
Azelphur: Chaaang-Noi: what people are going after him?
Chaaang-Noi: the people posted on the forum, then got rid of their posts... cuz feared pirate
Anduck: what was the outcome, Chaaang-Noi?
Chaaang-Noi: the lawyer is going to get 10% and well 40,000 btc...
Azelphur: Chaaang-Noi: do you know if they are doing class action, or just for themselves?
Chaaang-Noi: and i cant say there is a crime unless i get a differnt type of lawyer and go to usa and all the bs
Chaaang-Noi: the guy said he would not quit on me no matter what
Chaaang-Noi: the pirates clear delay wait til 12th he quit...
Chaaang-Noi: if the SEC gets pirate them my lawyer can do more
Chaaang-Noi: but if SEC gets him clearly i cant get funds cuz SEC will
Azelphur: shame that the people suing pirate arn't putting out more info
B0g4r7: I'm sure you know the relevant lesson here.
B0g4r7: "too good to be true" and all that.
Chaaang-Noi: they want to try and reform the group to sue
Chaaang-Noi: but now SEC is there and i already have a guy for collections i dont know what i can gain
Chaaang-Noi: i was mostly doing it for the share holder
Chaaang-Noi: but as nefario killed that anyway i am not obligated to help them:/
Azelphur: pirate owes me more than 1k btc, so I'm interested in pursuing although I don't hold much hope.
B0g4r7: Well, correct spelling, but yes.
Chaaang-Noi: i kinda assumed that if i got back 90% the shareholders would be okay with that...
Chaaang-Noi: i dont think i will get anything anyway, now esp SEC
Azelphur: Chaaang-Noi: any way to find out more info on the suing pirate stuff?
Azelphur: Chaaang-Noi: how do I ask them if I don't know who they are? XD
Chaaang-Noi: you can find out who was going to head up the big lawsuit last time, im sure someone will know who it was
assbot: [MPEX] [S.MPOE] 23336 @ 0.00043834 = 10.2291 BTC [+]
assbot: [MPEX] [S.MPOE] 1464 @ 0.00043839 = 0.6418 BTC [+]
gribble: Time since last block: 4 minutes and 38 seconds
gribble: Time since last block: 3 minutes and 50 seconds
assbot: [MPEX] [S.MPOE] 2300 @ 0.00043839 = 1.0083 BTC [+]
assbot: [MPEX] [S.MPOE] 16056 @ 0.0004372 = 7.0197 BTC [-]
assbot: [MPEX] [S.MPOE] 35944 @ 0.00043448 = 15.6169 BTC [-]
gribble: Time since last block: 18 minutes and 18 seconds
assbot: [MPEX] [S.MPOE] 11264 @ 0.00043738 = 4.9266 BTC [+]
gribble: Time since last block: 32 minutes and 59 seconds
gribble: Time since last block: 56 minutes and 53 seconds
assbot: [MPEX] [S.MPOE] 16484 @ 0.00043633 = 7.1925 BTC [-]
gribble: Time since last block: 2 minutes and 1 second
assbot: [MPEX] [S.MPOE] 27900 @ 0.00043667 = 12.1831 BTC [+]
assbot: [MPEX] [S.MPOE] 7000 @ 0.00043735 = 3.0615 BTC [+]
assbot: [MPEX] [S.MPOE] 20816 @ 0.00043633 = 9.0826 BTC [-]
assbot: [MPEX] [S.MPOE] 5056 @ 0.00043448 = 2.1967 BTC [-]
assbot: [MPEX] [S.MPOE] 2428 @ 0.00043429 = 1.0545 BTC [-]
assbot: [MPEX] [S.MPOE] 20100 @ 0.00043525 = 8.7485 BTC [+]
assbot: [MPEX] [S.MPOE] 9300 @ 0.00043429 = 4.0389 BTC [-]
gribble: Error: The "GPG" plugin is loaded, but there is no command named "doff" in it. Try "list GPG" to see the commands in the "GPG" plugin.
Doffx: Bleh I really dont use the bot enough to remember any commands
gribble: Nick 'doffx', with hostmask 'Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net', is not identified.
gribble: User 'Doffx', with keyid DE23494FA64F5DA1, fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address 1Q9FavHENPK7sATGm8ebthxG9EhQmaamw2, registered on Sat Apr 21 13:05:42 2012.
http://bitcoin-otc.com/viewgpg.php?nick=Doffx . Currently not authenticated.
assbot: [MPEX] [S.MPOE] 29712 @ 0.00043429 = 12.9036 BTC [-]
gribble: User 'Doffx', with keyid DE23494FA64F5DA1, fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address 1Q9FavHENPK7sATGm8ebthxG9EhQmaamw2, registered on Sat Apr 21 13:05:42 2012.
http://bitcoin-otc.com/viewgpg.php?nick=Doffx . Currently authenticated from hostmask Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net .
gribble: Nick 'doffx', with hostmask 'Doffx!~doff@173-160-245-174-Washington.hfc.comcastbusiness.net', is identified as user Doffx, with GPG key id DE23494FA64F5DA1, key fingerprint 9A9A9D9CA29C8F1FB40AC46DDE23494FA64F5DA1, and bitcoin address 1Q9FavHENPK7sATGm8ebthxG9EhQmaamw2
Doffx: Sorry for the spam
assbot: [MPEX] [S.MPOE] 14146 @ 0.00043455 = 6.1471 BTC [+]
assbot: [MPEX] [S.MPOE] 4722 @ 0.00043455 = 2.0519 BTC [+]
assbot: [MPEX] [S.MPOE] 15432 @ 0.00043455 = 6.706 BTC [+]
assbot: [MPEX] [O.BTCUSD.P110T] 6 @ 0.01568151 = 0.0941 BTC [-]
assbot: [MPEX] [O.BTCUSD.C130T] 5 @ 0.00772331 = 0.0386 BTC [-]
assbot: [MPEX] [O.BTCUSD.P100T] 2 @ 0.0032142 = 0.0064 BTC [-]
jurov: i should have done something like bitcoinpyramid.com
kakobrekla: jurov if your idea is any good you will have to shove it down the peoples throats
jurov: seems much easier to get users to such project
jurov: <20 and no new reg in past 3 days
jurov: why do you think so? options are available maybe a month already
jurov: just mkopt/split is not there
jurov: yes, you can buy/sell/exercise opts
jurov: bitcoinpyramid.com certainly isn't making 7% to everyone... but it's gamble and many ppl are excited about that
jurov: you need web coder?
thestringpuller: ive built the trading bots and automated payment hooks/services
jurov: if you're able to pay upfront or based on milestone, then we have a deal. i can't afford to have another service that will maybe someday profit
jurov: i'm positive it is, surely at least one GLBBQ passtrough operator will want to offload the process to us. but it's in the rut atm.
assbot: [MPEX] [S.MPOE] 30294 @ 0.00043669 = 13.2291 BTC [+]
assbot: [MPEX] [S.MPOE] 10400 @ 0.00043735 = 4.5484 BTC [+]
assbot: [MPEX] [S.MPOE] 26936 @ 0.00043738 = 11.7813 BTC [+]
assbot: [MPEX] [S.MPOE] 7753 @ 0.00043767 = 3.3933 BTC [+]
assbot: [MPEX] [S.MPOE] 6753 @ 0.00043669 = 2.949 BTC [-]
assbot: [MPEX] [S.MPOE] 16419 @ 0.00043539 = 7.1487 BTC [-]
mircea_popescu: so anyway, re EskimoBob : btc is already delivering all the value it will or needs to deliver : it's not ddebase-able.
mircea_popescu: it's not particularly intended to or useful as a trade currency.
mircea_popescu: you buy 5 usd, you go to bed, you wake up, you now have 4.99x usd.
mircea_popescu: but anyway, btc is the ideal currency of financial transactions.
mircea_popescu: consumers have no business in btc. consumers are in general dizzy cows that need their hand held, need reversible transactions, can't use computers etc.
mircea_popescu: btc simply isn't either adequate or useful for the consumer. it's value propositions appeal to the financial sector pretty much exclusively.
mircea_popescu: maybe high volume merchants, such as international trade
mircea_popescu: seeing how fuckall wants to be bothered with letters of credit bs.
mircea_popescu: so yeah, if you're buying containers or ships' worth from China paying in btc makes (a lot of) sense
mircea_popescu: jurov did have a pretty good point, the "community" actively selects for scams, then hee-haws about "btc being full of scammers"
assbot: [MPEX] [S.MPOE] 27381 @ 0.00043539 = 11.9214 BTC [-]
assbot: [MPEX] [S.MPOE] 15160 @ 0.00043429 = 6.5838 BTC [-]
assbot: [MPEX] [S.MPOE] 12359 @ 0.00043408 = 5.3648 BTC [-]
jurov: Ironically, becoming President would mean that I’d finally have a job, but I’m willing to endure this short-term sacrifice for the greater good.
jurov: here we are: 8. I won’t hide the fact that I’m shagging my interns.
assbot: [MPEX] [S.MPOE] 19541 @ 0.00043408 = 8.4824 BTC [-]
assbot: [MPEX] [S.MPOE] 12043 @ 0.00043388 = 5.2252 BTC [-]
assbot: [MPEX] [S.MPOE] 5916 @ 0.00043379 = 2.5663 BTC [-]
smickles: thestringpuller: it would be nice to have a codified law which one can freely agree to adhere to in the bitcoin game
smickles: competing lexus would be nice to
smickles: is it lexus, the plural of lex?
smickles: so it would be nice to have multiple, competing leges in the bitcoin world
kakobrekla: >>How do you pay to run the website and server and domain?
mircea_popescu: there's this large and growing contingent of idiots who honestly believe website = whole story.
assbot: [MPEX] [S.MPOE] 10600 @ 0.00043475 = 4.6084 BTC [+]
assbot: [MPEX] [S.MPOE] 31000 @ 0.000436 = 13.516 BTC [+]
thestringpuller: We should put you on the colbert report to talk about bitcoin so it blows up.
thestringpuller: don't mean to be "that guy" mircea_popescu but you got typos in the post
mircea_popescu: i tend to release things then have them typocheked etc and in general if you wait half hour you can see the definitive version
dub: lol nefario double paid?
thestringpuller: this is pretty much what I wrote my most recent essay on for class
assbot: [MPEX] [S.MPOE] 38600 @ 0.00043667 = 16.8555 BTC [+]
dub: its great to see deadterra is close personal friends with yet another scammer
assbot: [MPEX] [S.MPOE] 6400 @ 0.000436 = 2.7904 BTC [-]
dub: calling 'james', chatting and what not
dub: that guy has awesome friends
dub: dude that has indirectly scammed a shitload of people by starting 'businesses' with scammers
dub: oh and he's now running an arb bot
dub: same, im catching up on teh securities forum for the first time in weeks
dub: running a scalping/arb bot is one of his primary 'partners', alberto's MO
mircea_popescu: Oct 04 19:02:26 <mircea_popescu> DeaDTerra why do you insist in associating with well known scammers ?
mircea_popescu: Oct 04 19:02:32 <smickles> mircea_popescu: guruvan "part of the bitcoinica, bitcoin consultancy, bitcoinica consultancy crew that has stolen a large amount of customer funds. Do not trust these guys - bitcoinica, intersango, consultancy, or any new project"
mircea_popescu: Oct 04 19:02:33 <mircea_popescu> it's not a good business plan.
mircea_popescu: Oct 04 19:02:39 <DeaDTerra> I just talked to James, the situation is critical but stable for now. All the coins are safe in the offline wallet. It was not a hack.
mircea_popescu: Oct 04 19:02:58 <DeaDTerra> I am losing more respect for you each minute, so please shut up Mircea :)
mircea_popescu: Oct 04 19:03:05 <mircea_popescu> im surprised that he has the gall to even show up
mircea_popescu: Oct 04 19:03:10 <mircea_popescu> much less "vouch" for his scammer friends.
mircea_popescu: Oct 04 19:03:18 <mircea_popescu> DeaDTerra welcome to my ignore.
dub: as much as I hate people throwing up occams razor for every fucking scenario.. how many times do you have to enable a scam before you are the scammer
dub: probably right. "Personally I don't think James is a crook" - because I have an excellent record of identifying crooks
mircea_popescu: and people distinguish "personally" from what exactly ? officially ?
thestringpuller: 19:52 < dub> probably right. "Personally I don't think James is a crook" - because I have an excellent record of identifying crooks
dub: its a quote from DeadTerra
dub: I need a TL;DR consultant
dub: to read the forums and provide digest of shit I have interest in
rg: why the fuck are you talking baout me
dub: rg: nv, just some huge ghost raping faggot
rg: and you're saying james
dub: someone give me the tl;dr on asic
dub: i got a couple of mails from bfl is there an eta yet?
dub: saw mention of some competitor with a unit due out in nov?
assbot: [MPEX] [S.MPOE] 8790 @ 0.00043652 = 3.837 BTC [+]
dub: I was telling the truth about gmaxwell's boyfriend
dub: someone was asking about bfl as an investment, i pointed out that they are bad at beign honest about delivery times, Luke-Jr advised them I was a troll and should be ignored..
dub: I advised them that Luke-Jr thinks all non-catholics should be exterminated (which is true) so perhaps not the best giver of advice, gmax banned me
mircea_popescu: what exactly has gmaxwell idiot to do with minign now ?
dub: im not going to get into Luke-Jr opinion on sleeping arrangements with regard to his children
dub: that is too unsavoury to talk about tbh
rg: i want to know hwy people said m ynickname
rg: and were talking about me
rg: i will ban you all in -otc
rg: if you dont tell me wihtin 2 minutes
rg: [20:18] »» [rg] #masshackers @+#bitcoin-otc +#trilema #litecoin #bitcoin-assets @#bitvps #bitcoin-hosting
dub: I dunno about that rg guy tbh, I heard he was french
smickles: taxes as "willing donations to the state treasury, and something people openly took pride in.", *swoon*
rg: mircea_popescu: massachusetts hackers
rg: its a local security group
rg: im giving a talk at their next meeting
rg: i think hte name is clever
rg: ok dub told me what happened
dub: oh wow, I have weeks of -otc in buffer
assbot: [MPEX] [S.MPOE] 29600 @ 0.00043688 = 12.9316 BTC [+]
Azelphur: dub: I have full logs of everything xD
dub: yes, and while I may have trolled Luke a little, many assumed he was trolling for a long time. He also unbanned me several times after spamming rainbow ascii crucifix depicting jesus with an erection in his channel
assbot: [MPEX] [S.MPOE] 7400 @ 0.00043688 = 3.2329 BTC [+]
assbot: [MPEX] [S.MPOE] 9245 @ 0.00043551 = 4.0263 BTC [-]
assbot: [MPEX] [S.MPOE] 15955 @ 0.00043403 = 6.9249 BTC [-]
assbot: [MPEX] [S.MPOE] 10273 @ 0.00043801 = 4.4997 BTC [+]
assbot: [MPEX] [S.MPOE] 19427 @ 0.00043867 = 8.522 BTC [+]
assbot: [MPEX] [S.MPOE] 14445 @ 0.00043403 = 6.2696 BTC [-]
assbot: [MPEX] [S.MPOE] 13184 @ 0.00043379 = 5.7191 BTC [-]
assbot: [MPEX] [S.MPOE] 6332 @ 0.00043374 = 2.7464 BTC [-]
assbot: [MPEX] [S.MPOE] 26368 @ 0.00043374 = 11.4369 BTC [-]
assbot: [MPEX] [S.MPOE] 9506 @ 0.00043371 = 4.1228 BTC [-]
assbot: [MPEX] [S.MPOE] 8794 @ 0.00043329 = 3.8104 BTC [-]
assbot: [MPEX] [S.MPOE] 15106 @ 0.00043324 = 6.5445 BTC [-]
assbot: [MPEX] [S.MPOE] 26 @ 0.00043363 = 0.0113 BTC [+]
assbot: [MPEX] [S.MPOE] 13300 @ 0.00043532 = 5.7898 BTC [+]
smickles: ~same boy you've always known, well i guess i haven't grown
smickles: ~everyone who's in the know says, "that's exactly how it gows"
mircea_popescu: "Putetumadre, what a great article. Insight untold and unparallelled here. Tip of my hat. Where is the Bitcoin donation button? How can I reprint this on my Web site? Please e-mail me with answers. Thanks :-)"
thestringpuller: redditors are not nearly as bright as you'd want though unfortunately
mircea_popescu: it's not that they're not that bright, it's that mostly they live on welfare.
thestringpuller: due to the states involvement in making it profitable for cartels
thestringpuller: I always thought the war on drugs was a cover for incarcerating people for free labor.
assbot: [MPEX] [S.MPOE] 1300 @ 0.00043539 = 0.566 BTC [+]
thestringpuller: So DL Hughley came on the Daily Show a few nights ago, and he was saying how he interviewed these gang members. And he said, "Why don't we hook you up with stock options of the prisons you'll be doing time in, when you do time"
thestringpuller: so he hooked up a bunch of gang members with legit stock options, which may become the standard for "hazard pay"
iz: how much does 1 incarceration really affect the value of the prison's stock though?
iz: seems like it would be pretty negligible
mircea_popescu: iz i guess it's more like the principle of the thing, like invederate gamblers owning s.dice stock
mircea_popescu: or people dealing in options owning mpoe stock. you get a discount
iz: yeah, it's a cool idea, but not terribly practical
thestringpuller: if you're incarcerated chances are you'll be doing labor for free
rg: iz: you ever hang out on Undernet?
iz: you could probably make more money by finding change in your car
iz: rg: i did for a bit, but under a different nick
mircea_popescu: iz people who go to prison aren't really the best at making money.
iz: nope, different person probably
thestringpuller: some people who go to prison though are patsies and get paid comfortably
rg: i doubt ill ever find daz again
thestringpuller: okay so I think it's more the gang buys stock in the companies that own the prison's they'll be serving time in
iz: ah, that makes more sense
thestringpuller: mircea_popescu: I was thinking about what yo said a few days ago. BTC is not for the average consumer. What if someone did a BTC -> Stock Exchange pass thru?
mircea_popescu: the thing to do is getting future contracts with physical delivery IN BTC.
mircea_popescu: something i've been working on for what, six months now.
assbot: [MPEX] [S.MPOE] 49196 @ 0.00043439 = 21.3703 BTC [-]
assbot: [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00298639 / 0.0034 (2013520 shares, 6,013.16 BTC)
assbot: [MPEX:S.MPOE] 1day: 0.00043264 / 0.00043505 / 0.00043867 (1298344 shares, 564.86 BTC), 30day: 0.00025015 / 0.00037181 / 0.00046059 (86641622 shares, 32,214.45 BTC)
assbot: [MPEX:S.BVPS] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0027501 / 0.00345047 / 0.00355 (63482 shares, 219.04 BTC)
thestringpuller: I must say, I've learned more about finance from the BTC community than anywhere else.
mircea_popescu: i like how the price graph tells the story of the sec panic
gp5st: the exchanges listed in the topic, why will they not encounter the same legal problems glbse ran into?
mircea_popescu: thestringpuller i always said, btc is a very cheap way to gain a good financial education
gp5st: mircea_popescu: i guess i just assumed they did.
gp5st: seems to be the common answer whenever asked about it
mircea_popescu: pirate had "some friends that decided to make things difficult"
mircea_popescu: what guarantees you don't have some friends that will make things difficult ?
gp5st: mircea_popescu: since that's a vauge statement i can't give anything but a vauge answer
gp5st: well, moving on to more tangible topics: of the exchanges listed in the topic, which has the most volume (I'm currently looking into them, so I'm still learning)
mircea_popescu: gp5st mpex is doing ~60k atm. it was always doing about 3x to 5x glbse volume
mircea_popescu: actually towards the end it was prolly more like 10x, but heck.
thestringpuller: but then again that's not mpex's fault, there aren't a lot of btc-based companies worth listing
mircea_popescu: i was gonna say, you know i could make it VERY diverse in about half hour
mircea_popescu: and then gp5st's question would suddenly gain lots of flesh
gp5st: what are the 3 companies with stock listed?
mod6: S.MPOE | S.BVPS | S.DICE
gp5st: yes, i see those:) what/who are they though
gp5st: there is a details link i missed before
mircea_popescu: gp5st s.mpoe is the conglomerate of mpoe (the options broker) and mpex (the stock exchange). the historical contract is found here :
mircea_popescu: s.dice is satoshi dice. s.bvps is bitvps, rg's hosting company
mircea_popescu: thestringpuller in principle yes, but a lot depends on what contract can be agreed upon.
thestringpuller: I'm just wondering more of, if a BTC based company becomes profitable and takes VC money, does that mean it's bound by regulation now??
mircea_popescu: i guess that'd also depend on the contract they entered into with the vcs
mircea_popescu: there's a tiny fraction of the world called the united states, and a much larger, comparatively more important rest.
mircea_popescu: there's 10 mn people living in new york and 290 mn people NOT living in new york.
mircea_popescu: just so there's 300mn people living in the us and 6,8 bn people NOT living in the us
thestringpuller: New York is a good manifestation of American capitalism...
mircea_popescu: these days it's mostly a sad manifestation of american welfarism, but anyway.
mircea_popescu: you can't tell me that something is a manifestation of capitalism when that something is traditionally blue
mircea_popescu: starving "artists" + university "students" => socialist environment.
thestringpuller: There is a section of Atlanta just like that. Full of new age retro hippies.
thestringpuller: The coinbase funding is dumb. Coinbase is not even that good, it's all hype. Blockchain.info has so many more features...
assbot: [MPEX] [S.MPOE] 7772 @ 0.00043539 = 3.3839 BTC [+]
thestringpuller: almost 1M and it's pretty much blockchain's wallet with "prospective features"
mircea_popescu: im not even sure what coinbase is, so i guesshey may have a point lol
gp5st: i'm sorry if i'm being a pain: how do the options work on mpex?
mircea_popescu: gp5st you're not a pain, kinda what this chan is for. do you know options in general ?
gp5st: a little bit. i buy an option @ a price and then when it expires i need to buy the underlying thing at the price i bought the option at?
gp5st: ah, then i guess i do not
mircea_popescu: options convey the right but not the obligation to either buy (calls) or sell (puts) at the strike price
mircea_popescu: mpex options are american-style, so that option is there all through till expiration (unlike european style, where option only exists at expiration)
mircea_popescu: gp5st anyway, a good idea is to read up on options in general, mpex is pretty much the same.
gp5st: so if i buy one $1/btc option, what happens on fri? i can sell or buy what with it?
gp5st: yeah, i'm in the process of trying to learn about how financial markets work
gp5st: there is a lot there to learn
mircea_popescu: there is a lot to learn. as i was saying, bitcoin is a very cheap way to learn finance, comparatively. so, good for you.
mircea_popescu: bitcoin is to finance what computer fly simulators are to pilots i'd say.
thestringpuller: mircea_popescu so btc can be used to train people to be good traders?
mircea_popescu: if i ran an investment bank/hedge fund what i'd do is give all interns 1k btc, hire the top x ones by final btc
thestringpuller: ironically the only person who succeeded was a 17 year old girl who is a physics/econ major...
mircea_popescu: "And saying that economics is the central component of western cultural identity and that indigenous people's downfall is because they simply implemented it the wrong way is beyond retarded."
gp5st: what are the legal ramifications for listing on mpex? would a us-based company be able to put shares on it?
mircea_popescu: gp5st i'm really not qualified to discuss that. us-based company should make its own determination.
mircea_popescu: however, if that company isn't principally taking a btc revenue it makes little sense to list on mpex
gp5st: i was just curious what the limitations dice and bvps had
gp5st: i shouldn't have made it so us-centric
mircea_popescu: (for purely accounting reasons, shares in btc, revenues in non-btc, makes a mess)
thestringpuller: if your revenue stream was comprised of 100% BTC, would you claim it?
gp5st: but only a profit from in a recognized currency, like usd or eur, right?
mircea_popescu: gp5st if you sell btc and now have extra eur or w/e you'd declare it like any other revenue
thestringpuller: seems like the best place to make a btc business is romania...
mircea_popescu: as long as you keep it as btc afaik in most jurisdictions there's no declaration
gp5st: yes, but if i buy a stock with btc, and sell it for more btc...
gp5st: thestringpuller: how come?
gp5st: gotchya mircea_popescu
assbot: [MPEX] [S.MPOE] 3875 @ 0.00043439 = 1.6833 BTC [-]
assbot: [MPEX] [S.MPOE] 33625 @ 0.0004338 = 14.5865 BTC [-]
dub: the war on drugs is not winnable because nobody is trying to win it, like the war on terror
dub: its not about winning its about the war
dub: if the war was won there would need to be another war which is just more work, best keep no winning the existing ones
thestringpuller: mircea_popescu: so will there ever be intermediate options?
mircea_popescu: a few months ago btc was ~5 and options went 1 to 10 at a .5 step
thestringpuller: given MPOE is the options broker, would you ever let third parties exercise the options?
mircea_popescu: there's both a mkopt and a split option implemented, you know this ?
mircea_popescu: (then again, if you don't have the cash flow to go directly to mpex it may be the case you're not well served by underwriting options)
mircea_popescu: a well if you buy them then im sure coinbr has buy.sell
assbot: [MPEX] [S.MPOE] 16475 @ 0.0004338 = 7.1469 BTC [-]
assbot: [MPEX] [S.MPOE] 7465 @ 0.00043351 = 3.2362 BTC [-]
assbot: [MPEX] [S.MPOE] 6038 @ 0.00043336 = 2.6166 BTC [-]
assbot: [MPEX] [S.MPOE] 2822 @ 0.00043313 = 1.2223 BTC [-]
pigeons: wiw, maybe supadupa was right all along. we're too hard on him. he's just misunderstood.
SupaDupa: I'm not Bi-Polar I'm Bi-Winning!
SupaDupa: I'm not Bi-Polar I'm Bi-Winning!
SupaDupa: I'm not Bi-Polar I'm Bi-Winning!
SupaDupa: I'm not Bi-Polar I'm Bi-Winning!
SupaDupa: I'm not Bi-Polar I'm Bi-Winning!
SupaDupa: I'm tired of pretending that my life is not WINNING!
SupaDupa: every second of the day WINNING!
gmaxwell: he does that a lot too. Not even a very competent flooder. :(
xisalty: this is why you cant get bitcoins
xisalty: and maybe peope will trade
gmaxwell: Well technically you need a lot more than 5 BTC.
xisalty: he paid back mine on default
SupaDupa: I loaned her my balls she never gave back
SupaDupa: WHAT THE FUCK DO YOU THINK I'M TRYING TO DO FAGGOT!
SupaDupa: and I piss SQL and shit Source Code
gmaxwell: thestringpuller: good, thats the right technique, no words with more than 4 letters.
pigeons: so clever. he joins and then leaves
Azelphur: for someone that has such a high IQ he has so much problems getting money xD
gmaxwell: Azelphur: I think this is the IRC version of flinging poop.
gmaxwell: interesting that xisalty vanished at the same time...
Azelphur: for someone with a 186 iq he has a big problem understanding sendq
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
SupaDupa: I'm a legend everywhere that I go , every botnet distro , every bitcoin ho losing their coins yo!
gmaxwell: Azelphur: IQ is relative to a population, the reference point for him is a chimp.
copumpkin: he's failing rather miserably at being a good spammer
gmaxwell: thestringpuller: no natural selection for that.
Azelphur: thestringpuller: isn't that pirateat40
gmaxwell: Azelphur: the guy with the totally transparent scam? He said smart, not effective.. and thats the point.
Azelphur: he's actually going to jail now?
SupaDupa: Can't stop lending me coins and never gettin them back! All the the fuckin bitcoin noobs fists wrapped around my sack!
unicron: thestringpuller: he is? haha, i've been out of the loop
thestringpuller: You were neutered as a child to prevent stupidity from running rampant in this world.
SupaDupa: Can't stop lending me coins and never gettin them back! All the the fuckin bitcoin noobs fists wrapped around my sack!
SupaDupa: Can't stop lending me coins and never gettin them back! All the the fuckin bitcoin noobs fists wrapped around my sack!
SupaDupa: Can't stop lending me coins and never gettin them back! All the the fuckin bitcoin noobs fists wrapped around my sack!
SupaDupa: Can't stop lending me coins and never gettin them back! All the the fuckin bitcoin noobs fists wrapped around my sack!
assbot: [MPEX] [S.MPOE] 4800 @ 0.00043539 = 2.0899 BTC [+]
QuickBitcoins: Why are those coins gone in the first place? Supa?
gmaxwell: thestringpuller: they knew that all the girls go for a guy with explosive IRC flooding.
pigeons: SupaDupa: see a doctor, seriously
SupaDupa: gave me some happy bills and shit
gmaxwell: careful loading those links people.
pigeons: what about litecoin loans?
Azelphur: he's probably just some kid that doesn't get enough attention so goes looking for it on IRC
QuickBitcoins: You keep screwing with supa you wont see any of those loans
gmaxwell: thestringpuller: because he's nice for ten minute spans of time, and evades the bans and not everone knows about this BS.
smickles: mircea_popescu: i threw an upvote at that reddit link
Chaang-Noi: lol, some action here now... not what i expected, though it never is in btc land
QuickBitcoins: If I recall his girlfriend told him that they couldnt get their cat back unless he got away from his parents or something.
smickles: mircea_popescu: heh, that's a nice image in that article
QuickBitcoins: So he spent people's money trying to get away from their abuse, but they followed him, so now he's apparently losing his shit.
mircea_popescu: trying to dig up an old post for to show thestringpuller but fuck me if i can find anything in my blog ;/
smickles: mircea_popescu: and now, for perspective, over 3/4 'cashed out' before glbse went down, and I still have 38 (or so) btc to distribute
Azelphur: smickles: what's that for, MPOE?
Azelphur: smickles: you got shareholder data?
smickles: noagendamarket: in the context of the time, it was a funny and easily understandable joke ;)
smickles: Azelphur: not that I know of, i'll check for emails
Azelphur: smickles: ah, was just asking because you said you are distributing btc
smickles: Azelphur: last email from glbse was on oct 14
dub: We regret to inform you that GPUMAX will be permanently closing
Azelphur: yea, I wish nefario would hurry up already
dub: yes well nefario is the only other person with this address
smickles: Azelphur: I think glbse confused you ;) they gave some btc back, so i have it to distribute, but no info to perform that action
dub: not much need to check daily
smickles: I don't understand the delay at all
Azelphur: dub: indeed, at this rate it's sounding like I'll need one
smickles: here's a question, what do i do with the btc when nef doesn't ever give out shareholder info?
Azelphur: by pirate I'm down ~150, by GLBSE I'm (currently) down about 500, and clipse got me for ~50
dub: im into clipse for ~30
Azelphur: mircea_popescu: he's scammer tagged now
dub: ran a pps+ 'mining pool' that turned out to probably have just been a PPT
Azelphur: the age old "Lol I've got your money goodbye" attack
dub: it was for a while, then problems its coming soon, then nothing
Azelphur: mircea_popescu: you friends with him / have his address? people want to go after him legally
Azelphur: if GLBSE screws me as well, I'll be pretty bummed
Azelphur: because that'll be pretty much all my money gone \o/
mircea_popescu: look on the bright side : you saved 20 btc on a mpex acct.
pigeons: you didn't hear? glbse lost the rest of the funds and database to a chinese relic hunter who guessed their mtgox api key
Azelphur: but you gave me it for free in the early days
Azelphur: I have 11465 satoshidice shares, \o/
dub: pigeons: its ok, if neafrio asks real nice he'll give it back
Azelphur: have they gone up much since the ipo?
assbot: [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00298639 / 0.0034 (2013520 shares, 6,013.16 BTC)
Azelphur: me and investments clearly wern't meant to mix
assbot: [MPEX] [S.MPOE] 31576 @ 0.00043313 = 13.6765 BTC [-]
pigeons: when you threaten to sue theymos it is
Azelphur: why are we threatening to sue theymos?
pigeons: we're not. goat is because theymos was involved in glbse
mircea_popescu: well then wtf, she STARTED the give theymos a scammer tag thread
pigeons: sorry, even your girl isn't as trolly as goat
mircea_popescu: i mean, can we stoop to "why was x banned" level after the "omg, 6mn in bitcoins stoled" this august ?!
Chaang-Noi: i think i got banned cuz i told theymos he was wrong in telling people not to send back the double paymensts they got from nefario
Chaang-Noi: i said people had the options to sue glbse owner
Chaang-Noi: theymos thinks he is protected, but he is not
Chaang-Noi: he said it was unfair he is liable for nefarios actions
Chaang-Noi: i also questioned that since nefario had over 50% of the vote why he could not shut down glbse
Chaang-Noi: i think theymos has gone a bit crazy with the scammer tag/bann hammer abuse cuz of his stress with glbse
noagendamarket: technically Magical Tux is allowing unlicensed securities to be promoted on his forum.
Azelphur: why would you tell people not to return the double payments?
Chaang-Noi: i did not, THEYMOS told people not to return double payments
Azelphur: yea, theymos is getting really odd
Chaang-Noi: he is trying to make the glbse situation drag out
Chaang-Noi: seems you can do anything on that forum other than tell theymos when he fucked up
mircea_popescu: this theory suffers of the fact that they've not banned my girl.
Azelphur: I'm starting to notice in the bitcoin community there so many people who think they are immune to the law
noagendamarket: well...the police dont even investigate if your house gets burgled why would they care if your bitcoins get stolen ?
Azelphur: noagendamarket: you can bet they will start caring about unlicensed securities
noagendamarket: unlicensed securities, tax avoidance and money laundering yes
Azelphur: that leaked shareholder info was ridiculous
dub: noagendamarket: I got burgled a couple years back, the dude then tried to fraud my bank using a debit card in mail I'd never opened
smickles: why is it that EVE and secondlive companies get a pass
Azelphur: Chaang-Noi: I mean the meeting, sorry for being unclear
dub: noagendamarket: bank calls me out of the blue 'mr x your card replacement card is with a courier it will be iwth you shortly', I go 'oh good please confirm the address',, call cops with current location of burglar. carefactor 0
Chaang-Noi: ahh, i loled when that guy posted that meeting on the forum, i think thats why i got perma banned to, cuz i read it and said how week it made them all look.
dub: noagendamarket: they called me back 6 weeks later
smickles: noagendamarket: that doesn't make much sense, the people running them exist physically
smickles: and if it's 'physicality' that is the bar, s2cm and mpoe.etf were gold
noagendamarket: yeah but second life isnt going to affect tyhe central bankers lol
pigeons: 1. they are simulations and games. 2. the amounts of value are relatively small
Azelphur: I know a guy who sold his house, put the money in his bank, and when he presented his passport to the bank to show ID for a large deposit, they took it and scanned it. Later someone walked in complete with a fake passport and cleaned out his account for £150k iirc
noagendamarket: julian assange didnt get charges untill wikileaks embarrassed the bankers
pigeons: it is always a point mircea_popescu
mircea_popescu: show me a law that says it's ok to steal as long as you don't steal a lot.
Azelphur: He was lucky, he went to make a cash withdrawal and his account balance was zero and the bank was able to stop the transaction before it left the country, he got all his money back
pigeons: the whole law on whether you are a msb in usa for example is if you are under X a day
Azelphur: was apparently about an hour away from leaving the country
pigeons: we aren't talking about stealing, we are talking about your papers please
noagendamarket: technically its not stealing when you hand your cash over to someonbe voluntarily
pigeons: well im not talking about fraud either
mircea_popescu: im sorry to burst everyone's bubble, but contrary to the widely held belief in conspiratist circles, enforcement of the various financial regulations is traditionally very softgloved.
copumpkin: [22:59:37] <pigeons> papers please
assbot: [MPEX] [S.MPOE] 8429 @ 0.00043539 = 3.6699 BTC [+]
assbot: [MPEX:S.DICE] 1day: 0 / 0 / 0 (0 shares, 0 BTC), 30day: 0.0001 / 0.00298639 / 0.0034 (2013520 shares, 6,013.16 BTC)
Azelphur: If I was nefario and my lawyer told me that it was time to shut down or face possible jail time, I'd be shutting down too
noagendamarket: why are we arguing about it ewhen they are about to start flying 30 000 drones over the citizens lol
Azelphur: noagendamarket: indeed, but it's fairly obvious that he did
mircea_popescu: no but think about it. ask any lawyer if it is "advisable" to drive your car
mircea_popescu: he'll tell you that well... you face possible jail time and ideally you should not drive your car
mircea_popescu: people somehow irresponsibly don't seem to retain a lawyer to ask this.
pigeons: the problem isnt that he shut down, the main problem is that he did it without returning accounting to asset holders or even all the funds, and that he dicked around with his shoe on head picture bullshit
mircea_popescu: this culture of lieing (about pretty much everything) is the fucking problem.
mircea_popescu: he lied about talking to a lawyer. he lied about even having wtf any clue whatsoever what he's doing.
pigeons: the problem is that he didn't return asset lists or money
mircea_popescu: it is just a string of lies all the way through. review his fucking videos at that ridiculous conference nobody went to.
copumpkin: he posted a pic of himself with a shoe on his head?
smickles: glbse was just an elaborate fundraiser for nefario's sexchange operation and therapist fees
Diablo-D3: and he said it was to get asset issuers
mircea_popescu: pretty much all the guy does is lies and somehow this has become "the norm".
pigeons: lieing sucks, but he needs to give people their bitcoins back and the asset issuers information about their assets
mircea_popescu: look at the wannabe entrepreneurs in the forum : THEY ALL LIE
mircea_popescu: start a btc-corp, get back to me, then it'd be useful.
pigeons: you lied about pirate's sister, liar!
copumpkin: someone brought it up recently again on the forum
copumpkin: as an example of maged abusing his power as a mod
pigeons: maged was gonna give him a scameer tag for saying he fucked pirate's sister
pigeons: he doesn't have a sister i think
copumpkin: mircea_popescu: do you know house of gord?
Chaang-Noi: badbear brought up the sister thing when attacking maged
Chaang-Noi: it was lols globol mod on global mod action
Chaang-Noi: now maged is upset at theymos for not talking about or warning maged i was banned, not sure why
pigeons: i challenge you to SupaDupa
copumpkin: I bet ciuciu secretly rides chariots of women
copumpkin: perhaps he even has binders of them
copumpkin: EskimoBob also likes chariots of women
copumpkin: or gord's weird vehicle attachments
pigeons: i used to date a hood ornament
gribble: BTCUSD ticker | Best bid: 11.56112, Best ask: 11.60000, Bid-ask spread: 0.03888, Last trade: 11.60001, 24 hour volume: 21461.38961651, 24 hour low: 11.55000, 24 hour high: 11.79000, 24 hour vwap: 11.66320
mircea_popescu: unrelatedly : is anything funnier than the fact that uk's chief justice lord is an honorable judge by the name judge ?
mircea_popescu: also, this guy is actually igor judge baron judge lord chief justice & queen's counsel
smickles: buffalo buffalo buffalo buffalo buffalo buffalo
pigeons: biggie smalls biggie smalls biggie smalls
smickles: the space between dick and and, and and and harry is too small
smickles: that looks like a guy having fun
Azelphur: SupaDupa: I challenge you to act like an adult for 24 hours
smickles: and they have the same sort of info
mircea_popescu: sorta like a tl;dr mpoe-pr summary service for the public ?!
Azelphur: Anyone know how to find out your bitcoinmax balance? I pinged payb.tc but he isn't replying and his site is broke :<
mircea_popescu: A North Korean army minister was reportedly executed with a mortar round for allegedly drinking and carousing during the official mourning period following leader Kim Jong-il's death.
Azelphur: Chaang-Noi: maybe you can shed some light on ^ :P
assbot: [MPEX] [S.MPOE] 3400 @ 0.00043539 = 1.4803 BTC [+]
mircea_popescu: I'm really trying hard to make this project completely different from all the other shit holes, like i.e. GLBSE used to be.
mircea_popescu: apparently the girl left some scars in the adolescent imagination.
Chaang-Noi: i know nothing about payb.tc other than he is not wanting to work with the sec or the kill pirate mob
Chaang-Noi: i think if you had payb.tc you now haz 0 btc
Chaang-Noi: just like all the other people who gave coin to pirate
Azelphur: was just curious how much I lost, but he isn't responding to forum pm's and his sites login is broke
pigeons: bah, who gives bitcoins to people they actually know?
Azelphur: guess I will have to piece it together from my bitcoin wallet history
Azelphur: SupaDupa: Suggestion, if you want to repay your loans, why don't you just repay them in USD? I'm sure people would be willing to accept that, and you have it
Ssateneth: If someone doesn't accept cash, they are an IDIOT
Ssateneth: I accept cash. I just don't send goods until I have cash in hand.
pigeons: paypal isn't cash, maybe not everyone supa borrowed from even uses usd, the deal was for btc, maybe they want btc
Ssateneth: He can buy bitcoins with cash though
pigeons: he doesn't have cash, he has paypal
assbot: [MPEX] [S.MPOE] 6346 @ 0.00043539 = 2.763 BTC [+]
assbot: [MPEX] [S.MPOE] 41400 @ 0.00043546 = 18.028 BTC [+]
assbot: [MPEX] [S.MPOE] 56400 @ 0.00043748 = 24.6739 BTC [+]
assbot: [MPEX] [S.MPOE] 56241 @ 0.00043789 = 24.6274 BTC [+]
assbot: [MPEX] [S.MPOE] 12626 @ 0.00043858 = 5.5375 BTC [+]
Ssateneth: Or better yet, he can pay a bitcoin seller with cash and the bitcoin seller sends bitcoins to the person that supa owes btc/money to
assbot: [MPEX] [S.MPOE] 53038 @ 0.00043867 = 23.2662 BTC [+]
assbot: [MPEX] [S.MPOE] 15700 @ 0.00043885 = 6.8899 BTC [+]
assbot: [MPEX] [S.MPOE] 23000 @ 0.00043903 = 10.0977 BTC [+]
assbot: [MPEX] [S.MPOE] 43800 @ 0.00044 = 19.272 BTC [+]
assbot: [MPEX] [S.MPOE] 30800 @ 0.00044037 = 13.5634 BTC [+]
assbot: [MPEX] [S.MPOE] 9200 @ 0.00044043 = 4.052 BTC [+]
assbot: [MPEX] [S.MPOE] 36400 @ 0.00044052 = 16.0349 BTC [+]
assbot: [MPEX] [S.MPOE] 6780 @ 0.00044092 = 2.9894 BTC [+]
assbot: [MPEX] [S.MPOE] 39900 @ 0.00044104 = 17.5975 BTC [+]
assbot: [MPEX] [S.MPOE] 30500 @ 0.00044158 = 13.4682 BTC [+]
assbot: [MPEX] [S.MPOE] 21900 @ 0.00044171 = 9.6734 BTC [+]
assbot: [MPEX] [S.MPOE] 48489 @ 0.00044179 = 21.422 BTC [+]
assbot: [MPEX] [S.MPOE] 11200 @ 0.00044191 = 4.9494 BTC [+]
assbot: [MPEX] [S.MPOE] 11478 @ 0.0004424 = 5.0779 BTC [+]
assbot: [MPEX] [S.MPOE] 26323 @ 0.00044242 = 11.6458 BTC [+]
assbot: [MPEX] [S.MPOE] 54800 @ 0.00044246 = 24.2468 BTC [+]
assbot: [MPEX] [S.MPOE] 17400 @ 0.00044248 = 7.6992 BTC [+]
assbot: [MPEX] [S.MPOE] 15000 @ 0.00044251 = 6.6377 BTC [+]
assbot: [MPEX] [S.MPOE] 25300 @ 0.00044258 = 11.1973 BTC [+]
assbot: [MPEX] [S.MPOE] 31500 @ 0.00044275 = 13.9466 BTC [+]
assbot: [MPEX] [S.MPOE] 4300 @ 0.00044277 = 1.9039 BTC [+]
assbot: [MPEX] [S.MPOE] 53166 @ 0.00044286 = 23.5451 BTC [+]
assbot: [MPEX] [S.MPOE] 23200 @ 0.00044291 = 10.2755 BTC [+]
assbot: [MPEX] [S.MPOE] 41300 @ 0.00044286 = 18.2901 BTC [-]
assbot: [MPEX] [S.MPOE] 53800 @ 0.00044332 = 23.8506 BTC [+]
assbot: [MPEX] [S.MPOE] 1791 @ 0.00044379 = 0.7948 BTC [+]
assbot: [MPEX] [S.MPOE] 2162 @ 0.00044389 = 0.9597 BTC [+]
assbot: [MPEX] [S.MPOE] 21600 @ 0.00044487 = 9.6092 BTC [+]
assbot: [MPEX] [S.MPOE] 32700 @ 0.00044497 = 14.5505 BTC [+]
assbot: [MPEX] [S.MPOE] 40460 @ 0.00044568 = 18.0322 BTC [+]
Ssateneth: I only joined here to see supa spamming
mircea_popescu: o.o that's a first. you joined to see someone's spam ?!
Chaang-Noi: she saw i was banned and has changed her ways:)
assbot: [MPEX] [S.MPOE] 8273 @ 0.00043481 = 3.5972 BTC [-]
Chaang-Noi: SupaDupa ill trade btc for ltc or ppcoin
assbot: [MPEX] [S.MPOE] 2800 @ 0.00043313 = 1.2128 BTC [-]
assbot: [MPEX] [S.MPOE] 48527 @ 0.00043343 = 21.0331 BTC [+]
assbot: [MPEX] [S.MPOE] 55900 @ 0.00044 = 24.596 BTC [+]
assbot: [MPEX] [S.MPOE] 33800 @ 0.00044183 = 14.9339 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.000445 = 0.445 BTC [+]
assbot: [MPEX] [S.MPOE] 2822 @ 0.00044551 = 1.2572 BTC [+]
assbot: [MPEX] [S.MPOE] 8840 @ 0.00044568 = 3.9398 BTC [+]
assbot: [MPEX] [S.MPOE] 9000 @ 0.00044583 = 4.0125 BTC [+]
assbot: [MPEX] [S.MPOE] 32900 @ 0.00044608 = 14.676 BTC [+]
assbot: [MPEX] [S.MPOE] 16400 @ 0.00044637 = 7.3205 BTC [+]
assbot: [MPEX] [S.MPOE] 18274 @ 0.00044695 = 8.1676 BTC [+]
assbot: [MPEX] [S.MPOE] 34400 @ 0.00044763 = 15.3985 BTC [+]
assbot: [MPEX] [S.MPOE] 22700 @ 0.00044784 = 10.166 BTC [+]
assbot: [MPEX] [S.MPOE] 28094 @ 0.00044854 = 12.6013 BTC [+]
assbot: [MPEX] [S.MPOE] 7343 @ 0.00044889 = 3.2962 BTC [+]
assbot: [MPEX] [S.MPOE] 9378 @ 0.00044391 = 4.163 BTC [-]
assbot: [MPEX] [S.MPOE] 33300 @ 0.0004375 = 14.5688 BTC [-]
assbot: [MPEX] [S.MPOE] 12327 @ 0.00043718 = 5.3891 BTC [-]
assbot: [MPEX] [S.MPOE] 1319 @ 0.00044391 = 0.5855 BTC [+]
assbot: [MPEX] [S.MPOE] 15800 @ 0.00044742 = 7.0692 BTC [+]
assbot: [MPEX] [S.MPOE] 1181 @ 0.00044859 = 0.5298 BTC [+]
assbot: [MPEX] [S.MPOE] 16873 @ 0.00043718 = 7.3765 BTC [-]
assbot: [MPEX] [S.MPOE] 11227 @ 0.00043657 = 4.9014 BTC [-]
assbot: [MPEX] [S.MPOE] 38600 @ 0.00044172 = 17.0504 BTC [+]
assbot: [MPEX] [S.MPOE] 2938 @ 0.00044753 = 1.3148 BTC [+]
mircea_popescu: o hey, gmaxwell "wants to reconsider my involvement with bitcoin." ?! best news of the fucking month.
assbot: [MPEX] [S.MPOE] 12227 @ 0.00044339 = 5.4213 BTC [-]
assbot: [MPEX] [S.MPOE] 27329 @ 0.00044004 = 12.0259 BTC [-]
gigavps: we'll probably see 7s again soon
gigavps: i wouldn't think about it as damage
gigavps: the market just doesn't have enough ppl acting on the price to keep it from having big swings
assbot: [MPEX] [S.MPOE] 600 @ 0.00044576 = 0.2675 BTC [+]
thestringpuller: mircea_popescu: The article does not discuss "race". That's your own contribution. More generally, it's quite clear reading it that it follows a cultural rather than physical anthropology vein, and so your racial preoccupation is wholly misplaced.
thestringpuller: The article does not discuss inferiority, that is again your very own contribution. (It does discuss difference, obviously, but that's something else).
thestringpuller: He places the downfall of native american tribes on the fact that they were too "confused" to really understand ownership and thus got owned due to their backwardsness. The reason why most native tribes did not have free-hold land ownership treaties was because
thestringpuller: Makes no difference what follows that "because." Did you do your homework ? No you didn't because. F. Next time, do your homework.
thestringpuller: More generally, it is not okay to run around calling "retardedness" anything that doesn't jive with whatever little you groked of the ideological mishmash being presented as a viable alternative to reality by whatever second tier college you happen to be partying at.
thestringpuller: been working on writing my on 3d pipeline for class in python
thestringpuller: cause we just discussed the "university students" a few hours ago
thestringpuller: mircea_popescu: question about options, when I purchase a put for this month as you said it's american style right? So basically I have until Oct 31st to exercise on the option's strike price?
thestringpuller: hopefully it doesn't go below 11 right before new options are issued
thestringpuller: when are we allowed to exercise on the option's strike price?
assbot: [MPEX] [S.MPOE] 371 @ 0.00044081 = 0.1635 BTC [-]
gribble: BTCUSD ticker | Best bid: 11.13001, Best ask: 11.15000, Bid-ask spread: 0.01999, Last trade: 11.15000, 24 hour volume: 49643.68215816, 24 hour low: 11.02500, 24 hour high: 11.71000, 24 hour vwap: 11.40163
assbot: [MPEX] [O.BTCUSD.P130T] 4 @ 0.14264076 = 0.5706 BTC [+]
thestringpuller: not saying that to butter you up, but you and smickles have ridiculous insight into the btc economy
assbot: [MPEX] [O.BTCUSD.P110T] 10 @ 0.053896 = 0.539 BTC [+]
thestringpuller: just buying selling them? I thought it was too late to buy this month
thestringpuller: when you exercise and option you pay btc = to the usd price for the btc?
thestringpuller: could you go over a quick example like I'm 5 for exercising and option (particularly a put)
gribble: BTCUSD ticker | Best bid: 11.06003, Best ask: 11.10670, Bid-ask spread: 0.04667, Last trade: 11.06003, 24 hour volume: 52165.66011815, 24 hour low: 11.00000, 24 hour high: 11.71000, 24 hour vwap: 11.37971
thestringpuller: So for calls when your purchase the option, the strike price has to be below the current price, and vice-versa for puts? (being issued from bot that is)
mircea_popescu: think about it, it's little use to have the right to buy at 12 when the market price is 11
assbot: [MPEX] [S.MPOE] 4429 @ 0.00043989 = 1.9483 BTC [-]
assbot: [MPEX] [S.MPOE] 9600 @ 0.00043989 = 4.2229 BTC [-]
kakobreklaaa: 15:52.11 ( thestringpuller ) btc is not for consumers
mircea_popescu: A 20-year-old Brazilian student has sold her virginity in an online auction to a Japanese man named Natsu for £483,000 ($772,000).
Diablo-D3: "sounds like something a japanese guy would bid for"
Diablo-D3: not sure if Im racist or accurate.
Diablo-D3: allllll the virgin women you'd ever want
Diablo-D3: and probably a few teachers that'd do it for you
copumpkin: mircea_popescu: why stop at two holes?
copumpkin: oh, you clearly haven't seen the urethral sex videos
thestringpuller: I thought you were more pimpin than snoop dogg himself mircea_popescu
assbot: [MPEX] [S.MPOE] 16280 @ 0.00043989 = 7.1614 BTC [-]
thestringpuller: if you have to do it by hand as if it's still 1812 then yea there is something wrong with hit
copumpkin: depends if you're proving shit or calculating numbers :)
gribble: BTCUSD ticker | Best bid: 10.93000, Best ask: 10.93023, Bid-ask spread: 0.00023, Last trade: 10.93000, 24 hour volume: 61721.37923365, 24 hour low: 10.84731, 24 hour high: 11.71000, 24 hour vwap: 11.30128
assbot: [MPEX] [O.BTCUSD.P110N] 4 @ 0.2426901 = 0.9708 BTC [+]
assbot: [MPEX] [S.MPOE] 8500 @ 0.00043989 = 3.7391 BTC [-]
assbot: [MPEX] [S.MPOE] 1696 @ 0.00043989 = 0.7461 BTC [-]
assbot: [MPEX] [S.MPOE] 31704 @ 0.00043985 = 13.945 BTC [-]
assbot: [MPEX] [S.MPOE] 5596 @ 0.00043985 = 2.4614 BTC [-]
assbot: [MPEX] [S.MPOE] 4700 @ 0.00043753 = 2.0564 BTC [-]
assbot: [MPEX] [S.MPOE] 8055 @ 0.00043657 = 3.5166 BTC [-]
assbot: [MPEX] [S.MPOE] 35749 @ 0.00043655 = 15.6062 BTC [-]
gribble: BTCUSD ticker | Best bid: 11.04001, Best ask: 11.08999, Bid-ask spread: 0.04998, Last trade: 11.09000, 24 hour volume: 65134.03095826, 24 hour low: 10.84731, 24 hour high: 11.71000, 24 hour vwap: 11.26946
assbot: [MPEX] [S.MPOE] 6224 @ 0.00043655 = 2.7171 BTC [-]
assbot: [MPEX] [S.MPOE] 16100 @ 0.00043992 = 7.0827 BTC [+]
assbot: [MPEX] [S.MPOE] 5427 @ 0.00043655 = 2.3692 BTC [-]
assbot: [MPEX] [S.MPOE] 10373 @ 0.0004357 = 4.5195 BTC [-]
gribble: BTCUSD ticker | Best bid: 11.05000, Best ask: 11.12740, Bid-ask spread: 0.07740, Last trade: 11.05000, 24 hour volume: 65695.61932853, 24 hour low: 10.84731, 24 hour high: 11.71000, 24 hour vwap: 11.25478
assbot: [MPEX] [S.MPOE] 10129 @ 0.00043992 = 4.4559 BTC [+]
assbot: [MPEX] [S.MPOE] 2359 @ 0.00044033 = 1.0387 BTC [+]
gribble: BTCUSD ticker | Best bid: 11.05000, Best ask: 11.05001, Bid-ask spread: 0.00001, Last trade: 11.05000, 24 hour volume: 65454.63059593, 24 hour low: 10.84731, 24 hour high: 11.71000, 24 hour vwap: 11.25302
assbot: [MPEX] [O.BTCUSD.P190T] 3 @ 0.69548485 = 2.0865 BTC [+]
assbot: [MPEX] [O.BTCUSD.P110T] 3 @ 0.05192401 = 0.1558 BTC [-]
assbot: [MPEX] [S.MPOE] 28427 @ 0.0004357 = 12.3856 BTC [-]
assbot: [MPEX] [S.MPOE] 29073 @ 0.00043534 = 12.6566 BTC [-]
assbot: [MPEX] [S.MPOE] 2868 @ 0.00043534 = 1.2486 BTC [-]
assbot: [MPEX] [S.MPOE] 27100 @ 0.00043529 = 11.7964 BTC [-]
assbot: [MPEX] [S.MPOE] 26232 @ 0.00043495 = 11.4096 BTC [-]
jurov: thestringpuller, anything new?
assbot: [MPEX] [S.MPOE] 42403 @ 0.00043623 = 18.4975 BTC [+]
knotwork: WTF is going on, ASIC makers still dumping huge numbers of coins to get USD to build their ASICs?
assbot: [MPEX] [S.MPOE] 4000 @ 0.00043496 = 1.7398 BTC [-]
assbot: [MPEX] [S.MPOE] 3800 @ 0.00043495 = 1.6528 BTC [-]
B0g4r7: I thought the asic makers used bitpay or something to dump as soon as the purchase is made.
pigeons: ok change to bitpay still dumping ...
assbot: [MPEX] [O.BTCUSD.P060N] 10 @ 0.052 = 0.52 BTC [+]
gribble: BTCUSD ticker | Best bid: 10.66100, Best ask: 10.68991, Bid-ask spread: 0.02891, Last trade: 10.66100, 24 hour volume: 72170.32957297, 24 hour low: 10.66100, 24 hour high: 11.71000, 24 hour vwap: 11.18757
dub: facebook has jumped the shark
dub: I've been considering deleting my profile but I think I'll just let it rot to avoid the drama
vampireb_: i use fb for traking birthday of close friends
vampireb_: neither it has my real name on file
dub: lately I noticed it actually limits my social interaction
dub: also get sick of untagging myself from shit
dub: facebook was actually the first time my real name met the internet
assbot: [MPEX] [S.DICE] 300 @ 0.00337 = 1.011 BTC [+]
assbot: [MPEX] [S.DICE] 3000 @ 0.003375 = 10.125 BTC [+]
assbot: [MPEX] [S.DICE] 200 @ 0.0034 = 0.68 BTC [+]
assbot: [MPEX] [S.MPOE] 40346 @ 0.00043602 = 17.5917 BTC [+]
assbot: [MPEX] [S.MPOE] 2297 @ 0.00043623 = 1.002 BTC [+]
assbot: [MPEX] [S.MPOE] 1600 @ 0.00043832 = 0.7013 BTC [+]
assbot: [MPEX] [S.MPOE] 17141 @ 0.00044033 = 7.5477 BTC [+]
assbot: [MPEX] [S.MPOE] 17600 @ 0.00044576 = 7.8454 BTC [+]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00044733 = 2.5498 BTC [+]
assbot: [MPEX] [S.MPOE] 32243 @ 0.00044889 = 14.4736 BTC [+]
assbot: [MPEX] [S.MPOE] 50903 @ 0.00045028 = 22.9206 BTC [+]
assbot: [MPEX] [S.MPOE] 25200 @ 0.00045144 = 11.3763 BTC [+]
assbot: [MPEX] [S.MPOE] 2200 @ 0.00045148 = 0.9933 BTC [+]
assbot: [MPEX] [S.MPOE] 29770 @ 0.00045172 = 13.4477 BTC [+]
vampireb_: i was removing my name from the internet, so far doing good :-)
assbot: [MPEX] [S.BVPS] 1200 @ 0.0032491 = 3.8989 BTC [-]
john_smith: mircea_popescu: what's the stereotypical most common Romanian name?
mircea_popescu: ion, gheorghe, in general saint's names are quite frequent
mircea_popescu: and your john smith reminds me of this one time we were awaiting the visit of one jon smith, expert in whatever from headquarters!
dub: I tracked some of your countrymen to a cnc channel on undernet called #robert once
Doffx: No, Rex is a fag name.
Doffx: mircea has fag potential.
dub: rex*, though robert is faggy too, I had a friend called robert
Doffx: Robert I see a Bob, I dont know any fag Bob's.
dub: he made me angry, then went to hospital
mircea_popescu: mircea kinda has fag potential... which is why it shouldn't be entrusted in the wrong hands
assbot: [MPEX] [S.MPOE] 4376 @ 0.00045172 = 1.9767 BTC [+]
assbot: [MPEX] [S.MPOE] 25448 @ 0.00049132 = 12.5031 BTC [+]
assbot: [MPEX] [S.MPOE] 1548 @ 0.00049188 = 0.7614 BTC [+]
dub: repost of confessions of a ppt op?
assbot: [MPEX] [S.MPOE] 4300 @ 0.00048692 = 2.0938 BTC [-]
Azelphur: mircea_popescu: that's somewhat good to know :P
dub: is it time to hire a hit yet?
dub: the whole word is bond thing swings both ways
Azelphur: I heard BrightAnarchist is interested in suing him
mircea_popescu: dub you know how all this "hire a hit" talk sounds ? like two down and out meth whores sitting in their three year old miniskirts on the curb. they don't wear underwear because they can't afford underwear.
mircea_popescu: and one goes to the other "time to call the helicopter yet ?"
dub: well its easy to take the high ground
mircea_popescu: no but seriously. a hit costs money. it doesn't pay 7% a month. ergo.
dub: yes yes, you were right, well done.
dub: and certainly some were way to deep in that poo pond
dub: I lost pocket change but I'd happily contribute to preventing him continuing this career of fuckwitery
dub: given proximity I would gleefully mete out at least some disfigurement myself
assbot: [MPEX] [S.MPOE] 34500 @ 0.00049188 = 16.9699 BTC [+]
dub: its been a long time, to feel of skin and bone cracking under my fists, what better justice is there?
dub: I would have thought this fit with the libertarian ideal, eye for an eye oslt
dub: avoidable but not the end of the world (btdt)
dub: depends on circumstances, if there was hope of winning I might, otherwise take the court appointed monkey and a conviction
dub: justice and the greater good?
dub: yeah why not? dude that looks like elephant man will have a harder time with confidence tricks
dub: well hit I think traditionally means 'impact'
dub: but colloquially, whatever
mircea_popescu: but anyway : you're flat out wrong. dude that looks like elephant man has a much easier time scamming everyone
dub: so you would rather what? smugly admonish the suckers and allow this scum to continue victimising people?
mircea_popescu: well, i wasn't trading with him to begin with, for the exact reasons, but as an academic point.
dub: what about the next guy, or innocent old lady
mircea_popescu: old lady should retain the services of someone who's not innocent.
assbot: [MPEX] [S.MPOE] 1916 @ 0.00048879 = 0.9365 BTC [-]
dub: perhaps cultural expectations
mircea_popescu: but don't you think in principle it's more efficient to hire counsel before than to break bones after ?
dub: theres a cost benefit relationship
dub: at high school your buddy wants to borrow $5 for a donut from the tuckshop, do you hire lawyers first or twist his arm later?
dub: replace twist arm with cry to mommy if need be
dub: I don't understand how a libertarian is in favor of adding consultation tax to every transaction in life (then I don't understand libertarians much)
mircea_popescu: well for one point im not terribly concerned with a labeling, so i dunno that i am libertarian or anything.
mircea_popescu: but your school example is very bad, because a. you're in close proximity and b. in most cultures kids are supposed to twist each others' arms all through kid years.
mircea_popescu: doing a little more or a little less has overall little impact.
mircea_popescu: suppose your wife cheats on you (and you care). do you kill her or pick a better woman next time ?
dub: well I think it translates ok
dub: a) he is acting like a child b) there are peopl ein proximity who can achieve result
mircea_popescu: well, i could argue it's child abuse to try and find children to do stupid things. rather than have them beat up pirate you might as well fuck them, end result's the same.
mircea_popescu: and otherwise, a system which relies on being sufficiently childish seems a little... unappealing.
mircea_popescu: the only way violence works in the frame you wish to use it is as a manifestation of dominance.
dub: I must go now and drink copiously
mircea_popescu: if you could beat up pirate with impunity and regularity (such as the state does) then maybe.
mircea_popescu: otherwise, hit and run affairs... he'll just count himself wronged.
smickles: how well does beating someone up get your money back anyway?
smickles: or what's the benefit otherwise, i don't see much to gain in it
assbot: [MPEX] [S.MPOE] 2584 @ 0.00048879 = 1.263 BTC [-]
assbot: [MPEX] [S.MPOE] 6851 @ 0.0004898 = 3.3556 BTC [+]
assbot: [MPEX] [S.MPOE] 1781 @ 0.0004898 = 0.8723 BTC [+]
assbot: [MPEX] [S.MPOE] 12852 @ 0.00049188 = 6.3216 BTC [+]
assbot: [MPEX] [S.MPOE] 28164 @ 0.00049197 = 13.8558 BTC [+]
assbot: [MPEX] [S.MPOE] 13000 @ 0.00048878 = 6.3541 BTC [-]
assbot: [MPEX] [S.MPOE] 8200 @ 0.00048878 = 4.008 BTC [-]
thestringpuller: in all seriousness this months puts expire at 1159pm UTC Oct 26
assbot: [MPEX] [S.MPOE] 10673 @ 0.0004893 = 5.2223 BTC [+]
thestringpuller: can i interview you one day warren buffet style and put it on reddit?
pigeons: thestringpuller: what is that brown stuff on your nose?
thestringpuller: without smickles i wouldnt have been able to get options while itm
mircea_popescu: get on kakobrekla's case to add mpex support in smpake
thestringpuller: maybe one day when im golfing i can call jurov and be all "sell sell sell sell"
assbot: [MPEX] [S.MPOE] 14654 @ 0.00049197 = 7.2093 BTC [+]
assbot: [MPEX] [S.MPOE] 10800 @ 0.0004921 = 5.3147 BTC [+]
assbot: [MPEX] [S.MPOE] 21956 @ 0.00049259 = 10.8153 BTC [+]
mircea_popescu: thestringpuller spmpake is like a send money early thing
assbot: [MPEX] [S.MPOE] 32900 @ 0.0004912 = 16.1605 BTC [-]
assbot: [MPEX] [S.MPOE] 37527 @ 0.0004893 = 18.362 BTC [-]
assbot: [MPEX] [S.MPOE] 28900 @ 0.00048878 = 14.1257 BTC [-]
assbot: [MPEX] [S.MPOE] 1600 @ 0.00048692 = 0.7791 BTC [-]
assbot: [MPEX] [S.MPOE] 11558 @ 0.00048633 = 5.621 BTC [-]
assbot: [MPEX] [S.MPOE] 16700 @ 0.00048438 = 8.0891 BTC [-]
assbot: [MPEX] [S.MPOE] 10300 @ 0.00048423 = 4.9876 BTC [-]
assbot: [MPEX] [S.MPOE] 16146 @ 0.0004841 = 7.8163 BTC [-]
assbot: [MPEX] [S.MPOE] 13159 @ 0.00048393 = 6.368 BTC [-]
assbot: [MPEX] [S.MPOE] 15700 @ 0.00048265 = 7.5776 BTC [-]
assbot: [MPEX] [S.MPOE] 39912 @ 0.00048164 = 19.2232 BTC [-]
gribble: BTCUSD ticker | Best bid: 10.56782, Best ask: 10.59400, Bid-ask spread: 0.02618, Last trade: 10.53800, 24 hour volume: 79094.75129794, 24 hour low: 10.52000, 24 hour high: 11.37000, 24 hour vwap: 10.86052
jurov: thestringpuller, you'll need both me and mircea to expedite deposits :)
assbot: [MPEX] [S.MPOE] 7619 @ 0.00047423 = 3.6132 BTC [+]
assbot: [MPEX] [S.MPOE] 5185 @ 0.00047462 = 2.4609 BTC [+]
jurov: heh, apparently i have to lay down with cold to start things moving
jurov: oh my engrish... i got cold yesterday and went to bed soon
mircea_popescu: one point : the format for stat might change in the future, but not too soon. i expect everyone who uses stats programatically to move to statjson in the coming months.
jurov: haha thestringpuller...you already know my hourly rate for development... multiply it by any odd prime and i'll do some phonesex..er.. brokerage
mircea_popescu: prolly should ping smickles about this too. who else... brendio's not on i see
gribble: BTCUSD ticker | Best bid: 10.60103, Best ask: 10.68729, Bid-ask spread: 0.08626, Last trade: 10.69123, 24 hour volume: 78962.39488685, 24 hour low: 10.52000, 24 hour high: 11.37000, 24 hour vwap: 10.85370
thestringpuller: smickles if you arent able to push the options to jurov before 2359 utc could you exercise the options for me?
EskimoBob: autoexercise = lay in bed and get fit
gribble: BTCUSD ticker | Best bid: 10.54624, Best ask: 10.62728, Bid-ask spread: 0.08104, Last trade: 10.62739, 24 hour volume: 78876.67072837, 24 hour low: 10.52000, 24 hour high: 11.37000, 24 hour vwap: 10.85330
gribble: 1 BTC = 10.62739 U.S. dollars = 8.21536024 Euros
assbot: [MPEX] [S.MPOE] 13621 @ 0.00047677 = 6.4941 BTC [+]
gribble: BTCUSD ticker | Best bid: 10.54624, Best ask: 10.62716, Bid-ask spread: 0.08092, Last trade: 10.62716, 24 hour volume: 78834.66719548, 24 hour low: 10.52000, 24 hour high: 11.37000, 24 hour vwap: 10.85285
jurov: what is "md5Checksum" from JSONSTAT for?
mircea_popescu: so you can use it to check sections integrity if presented with the cleartext signed document
mircea_popescu: gives a little armor-y strength to cleatext without actually going armor.
jurov: i guessed as much.. but can't find out how to compute the checksum
jurov: "Book":[{"2975392":{"MPSIC":"S.MPOE", "BS":"B", "Quantity":"20000", "Price":"21000"}},
jurov: {"md5Checksum":"356265b8eb6a38ac64536447c0070954"}],
jurov: echo -n '{"2975392":{"MPSIC":"S.MPOE", "BS":"B", "Quantity":"20000", "Price":"21000"}}' | md5sum
jurov: i see only \n after "Price":"21000"}},
mircea_popescu: echo -n '{"2975392":{"MPSIC":"S.MPOE", "BS":"B", "Quantity":"20000", "Price":"21000"}},
assbot: [MPEX] [S.MPOE] 23112 @ 0.00048 = 11.0938 BTC [+]
jurov: *snatches this to project wiki
jurov: gonna have some autoexercise now.. see you later
assbot: [MPEX] [S.MPOE] 6800 @ 0.00047677 = 3.242 BTC [-]
assbot: [MPEX] [S.MPOE] 35800 @ 0.00047724 = 17.0852 BTC [+]
assbot: [MPEX] [S.MPOE] 11200 @ 0.00047724 = 5.3451 BTC [+]
assbot: [MPEX] [S.MPOE] 4600 @ 0.00047724 = 2.1953 BTC [+]
assbot: [MPEX] [S.MPOE] 39000 @ 0.00048 = 18.72 BTC [+]
assbot: [MPEX] [S.MPOE] 4875 @ 0.00047677 = 2.3243 BTC [-]
assbot: [MPEX] [S.MPOE] 27800 @ 0.00047558 = 13.2211 BTC [-]
mod6: mircea_popescu: so there is JSONSTAT nao!? :D
mod6: so one would just use JSONSTAT instead of stat and then per the reqest they get an pgp encrypted/signed JSON output of the STAT?
mod6: (This is going to be helpful to show the users STAT in BitOTTer -- instead of doing a bunch of parsing against the formatting.
gribble: BTCUSD ticker | Best bid: 10.45101, Best ask: 10.50000, Bid-ask spread: 0.04899, Last trade: 10.50000, 24 hour volume: 74462.49957867, 24 hour low: 10.37300, 24 hour high: 11.15000, 24 hour vwap: 10.69639
assbot: [MPEX] [S.MPOE] 4628 @ 0.00047558 = 2.201 BTC [-]
assbot: [MPEX] [S.MPOE] 3800 @ 0.00047487 = 1.8045 BTC [-]
assbot: [MPEX] [S.MPOE] 34900 @ 0.00047351 = 16.5255 BTC [-]
assbot: [MPEX] [S.MPOE] 9390 @ 0.00047072 = 4.4201 BTC [-]
assbot: [MPEX] [S.MPOE] 14010 @ 0.00047061 = 6.5932 BTC [-]
assbot: [MPEX] [S.MPOE] 2772 @ 0.00047351 = 1.3126 BTC [+]
assbot: [MPEX] [S.MPOE] 37300 @ 0.00047378 = 17.672 BTC [+]
assbot: [MPEX] [S.MPOE] 5742 @ 0.00047378 = 2.7204 BTC [+]
gribble: BTCUSD ticker | Best bid: 9.88000, Best ask: 9.89919, Bid-ask spread: 0.01919, Last trade: 9.89919, 24 hour volume: 95950.94904574, 24 hour low: 9.80000, 24 hour high: 11.12590, 24 hour vwap: 10.53361
assbot: [MPEX] [S.MPOE] 26700 @ 0.00047097 = 12.5749 BTC [-]
gribble: Current Blocks: 205090 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 541 blocks | Next Difficulty In About: 3 days, 13 hours, 3 minutes, and 26 seconds | Next Difficulty Estimate: 3213027.65513633 | Estimated Percent Change: 4.57979129103
gigavps: Chaang-Noi more fun for the rest of us
gigavps: looks like we're getting a little bounce here before back below $10
Chaang-Noi: i wonder if someone is just messing with the price to have options hit
jurov: dunno, mpoe is using 24hr average, it needs more serious nudge to be affected
assbot: [MPEX] [S.MPOE] 8900 @ 0.00047061 = 4.1884 BTC [-]
assbot: [MPEX] [S.MPOE] 13274 @ 0.00047061 = 6.2469 BTC [-]
assbot: [MPEX] [S.MPOE] 13026 @ 0.0004701 = 6.1235 BTC [-]
assbot: [MPEX] [S.MPOE] 40174 @ 0.0004701 = 18.8858 BTC [-]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00047009 = 1.3633 BTC [-]
assbot: [MPEX] [S.MPOE] 2126 @ 0.00047 = 0.9992 BTC [-]
gribble: smickles was last seen in #bitcoin-assets 15 hours, 39 minutes, and 16 seconds ago: <smickles> or what's the benefit otherwise, i don't see much to gain in it
assbot: [MPEX] [S.MPOE] 7800 @ 0.00047 = 3.666 BTC [-]
assbot: [MPEX:S.MPOE] 1day: 0.00043602 / 0.0004728 / 0.00049259 (1711086 shares, 809.00 BTC), 30day: 0.00025015 / 0.00037572 / 0.00049259 (87757519 shares, 32,972.81 BTC)
assbot: [MPEX] [S.MPOE] 28815 @ 0.00047066 = 13.5621 BTC [+]
gribble: smickles was last seen in #bitcoin-assets 16 hours, 29 minutes, and 19 seconds ago: <smickles> or what's the benefit otherwise, i don't see much to gain in it
assbot: [MPEX] [S.MPOE] 17174 @ 0.00047097 = 8.0884 BTC [+]
assbot: [MPEX] [S.MPOE] 9026 @ 0.00047514 = 4.2886 BTC [+]
gribble: BTCUSD ticker | Best bid: 9.94798, Best ask: 9.94800, Bid-ask spread: 0.00002, Last trade: 9.94798, 24 hour volume: 89460.44746472, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.42133
assbot: [MPEX] [S.MPOE] 4800 @ 0.00047514 = 2.2807 BTC [+]
smickles: ;;calc ([bc,24hprc] - 11) / [bc,24hprc])
gribble: Error: unexpected EOF while parsing (<string>, line 1)
smickles: ;;calc ([bc,24hprc] - 11) / [bc,24hprc]
smickles: ;;calc (11 - [bc,24hprc]) / [bc,24hprc]
smickles: <@assbot> [MPEX] [O.BTCUSD.P110T] 48 @ 0.0538765 = 2.5861 BTC [+]
smickles: ;;calc (11 - [bc,24hprc]) / [bc,24hprc] - .0538765
smickles: ;;calc ((11 - [bc,24hprc]) / [bc,24hprc] - .0538765) * 48
assbot: [MPEX] [S.MPOE] 24274 @ 0.00047514 = 11.5335 BTC [+]
assbot: [MPEX] [S.MPOE] 2626 @ 0.0004757 = 1.2492 BTC [+]
assbot: [MPEX] [S.MPOE] 11400 @ 0.00047471 = 5.4117 BTC [-]
jurov: someone plugged something.. blocks arrive at dizzying speed
gribble: Time since last block: 3 minutes and 30 seconds
jurov: no, they really mine with supercomputer..let me dig that..
mircea_popescu: these are the guys that discovered doublespends and thought they cracked bitcoin iirc
jurov: looks like they want to help their budget
PsychoticBoy: Sry mircea, I currently have ~120Gh/s, still less than giga iirc
mod6: mircea_popescu: thanks! that's gonna be awesome.
mod6: I've been swammped this last 2.5 weeks... I've still done a bunch of work on bitotter's encryption parts. Got a bit more to do there and then thats nearly it.
gribble: Time since last block: 5 minutes and 27 seconds
mod6: Well, the JSONSTAT i'll grab once that's done and i'll be able to use that. the STAT screen is one remaining that I haven't designed yet just because I knew i'd have to just do it line at a time parsing or what not
mod6: this speeds that whole thing way up. i have a bunch of reuseable code from the other JSON parsing stuff it does.
mircea_popescu: you know how they say, if you don't do it today maybe tomorrow it won't need to be done anymore
jurov: hehe.. like i dreaded how would i accurately distribute interest to users
jurov: you plan to pay it again sometime?
mod6: thats like 2 awesome things in under 10 minutes
mircea_popescu: someone who bought mpoe say thursday has today the same dollar value of btc
mod6: yeah -- new all time high yesterday on s.mpoe right?
mod6: ever since all of the stuff with nefario and glbse started getting heated up, the volume dropped for btc, and leaving what seemed only good support levels at like 7, 8, 9
mod6: oh with the difficulty being what is?
mod6: is that the right one?
gribble: Current Blocks: 205120 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 511 blocks | Next Difficulty In About: 3 days, 8 hours, 20 minutes, and 26 seconds | Next Difficulty Estimate: 3220924.68525896 | Estimated Percent Change: 4.83682915397
gribble: Time since last block: 6 minutes and 8 seconds
assbot: [MPEX] [S.MPOE] 5500 @ 0.0004757 = 2.6164 BTC [+]
mod6: less than 5000 blocks left!
mod6: aight gotta run for now. talk to you all a bit later!
PsychoticBoy: still growing, would asics really be send in 3 weks?
BTC-Mining: eh, just people jumping on their computer after dinner and their GPU starting could explain it too... total hashing rate varies a lot during the day
gribble: BTCUSD ticker | Best bid: 9.82206, Best ask: 9.92292, Bid-ask spread: 0.10086, Last trade: 9.93012, 24 hour volume: 95204.70588449, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.33927
mircea_popescu: it doesn't vary a lot in the sense of going to 27+, no
gribble: BTCUSD ticker | Best bid: 9.82206, Best ask: 9.91787, Bid-ask spread: 0.09581, Last trade: 9.93012, 24 hour volume: 95204.70588449, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.33927
assbot: [MPEX] [S.MPOE] 15000 @ 0.00047471 = 7.1207 BTC [-]
BTC-Mining: eh, about ASICMINER, I hope GLBSE release the information and they start trading again.
BTC-Mining: But remember that a good part of the network might be from compromised machines/evening users. Users go online and network rate goes up. It's 7 PM now on the east coast
BTC-Mining: Their GPU starts and hop, 2.5 terahash added
BTC-Mining: 2.5 terahash is only 3000 - 10000 high end radeon GPU
BTC-Mining: look at the 8 hour estimate for the last weeks. Goes as low as 15 Terahash and as high as 30 Terahash
BTC-Mining: On what period is your network total averaged?
BTC-Mining: hmm, well the 1 day estimate does vary by as much as 5 ghash
gribble: Current Blocks: 205125 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 506 blocks | Next Difficulty In About: 3 days, 7 hours, 16 minutes, and 24 seconds | Next Difficulty Estimate: 3223285.30550262 | Estimated Percent Change: 4.91366421389
gribble: Estimated percent change in difficulty this period | 4.91366421389 % based on data since last change | 5.47811982694 % based on data for last three days
dub: no, i just want my bfl asic delivered :)
assbot: [MPEX] [S.MPOE] 22600 @ 0.00047232 = 10.6744 BTC [-]
jurov: already trying to figure out how to decrypt :)
jurov: gpg: decryption failed: No secret key
jurov: so you want everyone to do you a backup, eh?
jurov: i should preemptively accuse you on btctalk : "MPEx scandal: relies on its users to do backups"
mircea_popescu: but seriously jurov i think it adds a significant level of security.
jurov: i hope you don't compress the backup prior to export.. heard about CRIME attack
mircea_popescu: i take a number of measures to prevent as much as possible a crack
assbot: [MPEX] [S.MPOE] 4700 @ 0.00047242 = 2.2204 BTC [+]
gribble: Error: "bc,nettarget" is not a valid command.
smickles: ;;calc ((11 - [bc,24hprc]) / [bc,24hprc] - .0538765) * 48
smickles: you still have a few minutes tho
gribble: BTCUSD ticker | Best bid: 10.18009, Best ask: 10.24999, Bid-ask spread: 0.06990, Last trade: 10.18008, 24 hour volume: 99436.59165322, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.31222
smickles: thestringpuller: you're staring down the barrel of a 30% profit
smickles: mircea_popescu: i gave thestringpuller a mini-margin thingy
mircea_popescu: either the bondholders or the shareholders will feel the 30% of 4btc pain
gribble: BTCUSD ticker | Best bid: 10.18025, Best ask: 10.24641, Bid-ask spread: 0.06616, Last trade: 10.18025, 24 hour volume: 99088.49020270, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.31053
BTC-Mining: the best thing to happen would be maintstream adoption...
assbot: [MPEX] [S.MPOE] 16875 @ 0.00047242 = 7.9721 BTC [+]
mircea_popescu: BTC-Mining any guess as to what % of roman empire subjects ever touched a solidus ?
thestringpuller: you need like warren buffet and his friends to come in and "adopt it"
BTC-Mining: why would they adopt it if there's no market using it?
BTC-Mining: They don't own a lot, but they spend a lot of what they have. Those who have a lot stash it.
BTC-Mining: Consumers would help attract large businesses, who would then start accumulating bitcoins
jurov: mircea yes i saw that. now am trying to explain how i feel about multifactor auth
smickles: mircea_popescu: what was the official price at maturity for mpex options?
mircea_popescu: jurov it's a dilemma you find yourself in there i guess
smickles: ;;calc ((11 - 10.27) / 10.27 - .0538765) * 48
jurov: it's either snake oil or expense i can't afford (buying yubikeys or sending sms)
smickles: thestringpuller: should i use that same address, or do you want me to keep it on account for you?
smickles: ;;calc ((11 - 10.27) / 10.27) * 48
mircea_popescu: jurov on the other hand, browser sessions are vulnerable.
mircea_popescu: but i think a honest rundown of the thing is prolly the best policy. "here is what i can do, here is what i can't do. if you actually handle enough cash that you need what i can't do, talk to mpex directly and problem solved"
gribble: BTCUSD ticker | Best bid: 10.15000, Best ask: 10.19996, Bid-ask spread: 0.04996, Last trade: 10.15000, 24 hour volume: 98610.17306644, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.30583
jurov: thestringpuller, only possible way i know is to have some reserve (or margin) on MPEx that can be used immediately
jurov: allocated to your account
assbot: [MPEX] [S.MPOE] 1225 @ 0.00047242 = 0.5787 BTC [+]
jurov: iirc it may be more than 6 hours
assbot: [MPEX] [S.MPOE] 13475 @ 0.00047548 = 6.4071 BTC [+]
mircea_popescu: thestringpuller the declared limit is 2 days. it usually takes significantly less.
jurov: i do such "quick deposits" already for those 1btc users but i guess you want more
jurov: if you are going to do many transactions, coinbr will help you keep overview
jurov: otherwise you need to keep it in spreadsheet
thestringpuller: if I were to generate a high enough volume could I get margin to cover "quick deposits"?
mircea_popescu: thestringpuller in general the capital is the key criterion. if you plan to do k's of btc you probably want mpex. if you plan to do 10s of btc you prolly want coinbr. if hundreds it's messier.
thestringpuller: if i were to do this longterm what would your reccomendation be?
jurov: you'll be my special customer. I'm going to cater to your whims (no phonesex, tho)
mircea_popescu: thestringpuller ask him to get rid of css on coinbr :D
jurov: thestringpuller, yes i can
jurov: as long as you don't expect to do X transactions per second or more, then it's possible
thestringpuller: Ideally I would like to make trades without a website in honesty
thestringpuller: if you can make that happen jurov then it'll be worthwhile
jurov: OK, exporting json interface should not be a problem. i planned to do one anyway for mod6's adroid app
thestringpuller: cool, I won't flood it, i just want bot access because I can't be awake 24/7
jurov: so i guess you need to submit order/cancel/exercise, right?
jurov: any more data? everything other you'll use via browser?
assbot: [MPEX] [S.MPOE] 19651 @ 0.00047232 = 9.2816 BTC [-]
assbot: [MPEX] [S.MPOE] 22600 @ 0.00047189 = 10.6647 BTC [-]
assbot: [MPEX] [S.MPOE] 10336 @ 0.00047171 = 4.8756 BTC [-]
assbot: [MPEX] [S.MPOE] 44968 @ 0.00047257 = 21.2505 BTC [+]
smickles: thestringpuller: it turns out that the official number is 10.28, not 10.27
smickles: ;;calc ((11 - 10.28) / 10.28) * 48
smickles: thestringpuller: do you have a WoT identity?
assbot: [MPEX] [S.MPOE] 1182 @ 0.00047257 = 0.5586 BTC [+]
assbot: [MPEX] [S.MPOE] 14518 @ 0.00047171 = 6.8483 BTC [-]
assbot: [MPEX] [S.MPOE] [PAID] 1000000000 @ 0.00000063 = 630.31566629 BTC
assbot: [MPEX] [S.MPOE] 14846 @ 0.00047171 = 7.003 BTC [-]
assbot: [MPEX] [S.MPOE] 20302 @ 0.00047157 = 9.5738 BTC [-]
gribble: BTCUSD ticker | Best bid: 9.88026, Best ask: 9.96973, Bid-ask spread: 0.08947, Last trade: 9.97986, 24 hour volume: 98509.23509746, 24 hour low: 9.74000, 24 hour high: 10.95000, 24 hour vwap: 10.26302
assbot: [MPEX] [S.MPOE] 6898 @ 0.00047157 = 3.2529 BTC [-]
assbot: [MPEX] [S.MPOE] 20685 @ 0.00047066 = 9.7356 BTC [-]
assbot: [MPEX] [S.MPOE] 24217 @ 0.00047 = 11.382 BTC [-]
EskimoBob: any ideas what is going on with the BTC price?
mircea_popescu: bitinstant closed down ; some other service closed down
mircea_popescu: some people added significant hashpower and are probably selling the btc
EskimoBob: are ASIC test versions coming online?
EskimoBob: bitinstant? in google search I can see "BitInstant.com is currently down due to site revisions. All orders placed up to this point will process as normal. If you have any questions or issues feel free to ..." but when I go to the site, it looks OK
mircea_popescu: but the point is, two things take out usd from mkt, one thing adds more btc
assbot: [MPEX] [S.MPOE] 26700 @ 0.00046754 = 12.4833 BTC [-]
sgornick: mircea_popescu: Is the absense of recallable transaction history strategic, or just "haven't gotten to it"?
sgornick: Can I right now view all of my October transactions?
mircea_popescu: or if you never issued a stat in october, issue one and it's there
mircea_popescu: ya, mpex is not doing your accounting, you have to do that part yourself.
sgornick: How about transactions showing the exercise of options at expiration? Planned, or DIY?
mircea_popescu: the plain stat is scheduled for an overhaul, but this won't happen for a while yet to give people who are using it atm to provide 3rd party services to migrate to statjson first
sgornick: Enroute to HK, though may still need to return to JP.
mircea_popescu: people keep fearmongering re the us government, but my intel shows the chinese govt will be our real enemy.
assbot: [MPEX] [S.MPOE] 3636 @ 0.00046754 = 1.7 BTC [-]
assbot: [MPEX] [S.MPOE] 9451 @ 0.00046727 = 4.4162 BTC [-]
assbot: [MPEX] [S.MPOE] 22313 @ 0.00046693 = 10.4186 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 5 @ 0.1 = 0.5 BTC [-]
assbot: [MPEX] [O.BTCUSD.C120T] 5 @ 0.09390123 = 0.4695 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 7 @ 0.26 = 1.82 BTC [+]
assbot: [MPEX] [O.BTCUSD.C120T] 3 @ 0.09388415 = 0.2817 BTC [-]
gribble: BTCUSD ticker | Best bid: 10.27935, Best ask: 10.30000, Bid-ask spread: 0.02065, Last trade: 10.27935, 24 hour volume: 99354.61716662, 24 hour low: 9.74000, 24 hour high: 10.79978, 24 hour vwap: 10.20092
smickles: there fun to look at and think about
smickles: mircea_popescu: you know, i've been wondering, if someone setup a short straddle at the money with something like 20000 contracts on each leg, do you think it would stabilize the exchange rate for a while?
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.96946805 = 969.4681 BTC [+]
mircea_popescu: inasmuch as if they would have otherwise sold/bought on the mtgox market for sure.
assbot: [MPEX] [O.BTCUSD.P190T] 1000 @ 0.87084465 = 870.8447 BTC [+]
assbot: [MPEX] [O.BTCUSD.P180T] 1000 @ 0.77222124 = 772.2212 BTC [+]
assbot: [MPEX] [O.BTCUSD.P170T] 1000 @ 0.67359784 = 673.5978 BTC [+]
assbot: [MPEX] [O.BTCUSD.P160T] 1000 @ 0.57497444 = 574.9744 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 1000 @ 0.47635104 = 476.351 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 1000 @ 0.40221678 = 402.2168 BTC [+]
assbot: [MPEX] [O.BTCUSD.P130T] 1000 @ 0.33756736 = 337.5674 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 1000 @ 0.27658406 = 276.5841 BTC [+]
assbot: [MPEX] [O.BTCUSD.P110T] 1000 @ 0.22015212 = 220.1521 BTC [+]
smickles: ;;calc 12 / ((.27658406 * .998) +1)
smickles: ;;calc 11 / ((.22015212 * .998) +1)
smickles: ;;calc 13 / ((.33756736 * .998) +1)
smickles: ;;calc 14 / ((.40221678 * .998) +1)
smickles: ;;calc 15 / ((.47635104 * .998) +1)
smickles: should be breakeve numbers (in usd)
smickles: ;;calc 16 / ((.57497444 * .998) +1)
smickles: ;;calc 17 / ((.67359784 * .998) +1)
smickles: ;;calc 18 / ((.77222124 * .998) +1)
smickles: ;;calc 19 / ((.87084465 * .998) +1)
smickles: ;;calc 20 / ((.96946805 * .998) +1)
smickles: ;;calc 9.40416104058+9.01852376756+9.72404488124+9.98992197804+10.166745898+10.1663178393+10.1659401704+10.1656044882+10.1653041055+10.1650338278
smickles: mircea_popescu: does you bot adjust based on what it has bought and holds?
mircea_popescu: if it's one of the people who sold a lot in the dump it makes sense
smickles: shouldn't it adjust prices to try to acheive the most time resistant neutral position?, that way you can take advantage of the imbalance in the bot's portfolio and offer better prices to the opposing positions and worse prices to the ones that add more risk to you
mircea_popescu: how would it know what's more time-resistant neutral position ?
smickles: the greeks, assuming you have a volatility estimate
mircea_popescu: atm i have the capital to anchor. if it becomes a problem and the bot is too often sold out
mircea_popescu: then i'd prolly prefer adding more capital than following the mkt
mircea_popescu: what you're saying does make sense, in general. just, btc is yet too low volume and i don't trust half the quant analysis results
smickles: you wouldn't need to trust either, you should be able to encourage people to buy and sell your bot into a positon that makes btc when the market moves up down or sideways
smickles: like right now, with this idea, it should offer a worse price for all those puts, and a better price on the related calls
mircea_popescu: the rational thing for people to do is go in the midmarket imo
mircea_popescu: i mean, if you believe this you can go put your own CALL offers in there, neh ?
smickles: well, it doesn't work so well if you run out of capital to hedge with :(
smickles: well, i suppose i do already have half of the code for just such a bot already written
smickles: what's this statjson i heard mentioned?
smickles: mircea_popescu: so i could parse the stat easily?
assbot: [MPEX] [S.MPOE] 1971 @ 0.00046693 = 0.9203 BTC [-]
smickles: Diablo-D3: a bitinstant guy was detained
smickles: Diablo-D3: a stamp was in the wrong place, apparently
smickles: some sort of international travel thing
gribble: Current Blocks: 205220 | Current Difficulty: 3072321.7320208 | Next Difficulty At Block: 205631 | Next Difficulty In: 411 blocks | Next Difficulty In About: 2 days, 15 hours, 14 minutes, and 54 seconds | Next Difficulty Estimate: 3265289.61742921 | Estimated Percent Change: 6.28084889018
assbot: [MPEX] [S.MPOE] 11900 @ 0.00046734 = 5.5613 BTC [+]
mircea_popescu: Diablo-D3 roger ver was detained in macau airport. apparently is on his way to hk atm
mircea_popescu: spent about a day and a half in airport detention. maybe he pulled a nefario, it's unclear yet.
assbot: [MPEX] [O.BTCUSD.P200T] 1000 @ 0.96946805 = 969.4681 BTC [+]
assbot: [MPEX] [O.BTCUSD.P190T] 1000 @ 0.87084465 = 870.8447 BTC [+]
assbot: [MPEX] [O.BTCUSD.P180T] 1000 @ 0.77222124 = 772.2212 BTC [+]
assbot: [MPEX] [O.BTCUSD.P160T] 1000 @ 0.57497444 = 574.9744 BTC [+]
assbot: [MPEX] [O.BTCUSD.P170T] 1000 @ 0.67359784 = 673.5978 BTC [+]
assbot: [MPEX] [O.BTCUSD.P150T] 1000 @ 0.47635104 = 476.351 BTC [+]
assbot: [MPEX] [O.BTCUSD.P140T] 1000 @ 0.40206278 = 402.0628 BTC [-]
assbot: [MPEX] [O.BTCUSD.P130T] 1000 @ 0.33741273 = 337.4127 BTC [-]
assbot: [MPEX] [O.BTCUSD.P120T] 1000 @ 0.27643033 = 276.4303 BTC [-]
assbot: [MPEX] [O.BTCUSD.P110T] 1000 @ 0.22000167 = 220.0017 BTC [-]
assbot: [MPEX] [S.MPOE] 10916 @ 0.00046693 = 5.097 BTC [-]
assbot: [MPEX] [S.MPOE] 7784 @ 0.00046665 = 3.6324 BTC [-]
mircea_popescu: Maybe Phil will even sign up and answer your questions (but that may be a conflict of interest for him).
rg: that's the guy who messaged me on bitcointalk
mircea_popescu: "I also just got off the phone with Philip Moustakis. Nice guy. We chatted for about an hour."
assbot: [MPEX] [S.MPOE] 12400 @ 0.00046734 = 5.795 BTC [+]
assbot: [MPEX] [S.MPOE] 20635 @ 0.0004697 = 9.6923 BTC [+]
gribble: BTCUSD ticker | Best bid: 10.41001, Best ask: 10.44000, Bid-ask spread: 0.02999, Last trade: 10.41000, 24 hour volume: 104809.98028766, 24 hour low: 9.74000, 24 hour high: 10.70000, 24 hour vwap: 10.20577
FabianB_: my guess was that with C100 and 10 usd strike break even would be 0.1
jurov: no, call option profits when price *rises*... when BTCUSD price is X, you will get (X-10)/X when exercising one C100 option
assbot: [MPEX] [S.MPOE] 900 @ 0.00046707 = 0.4204 BTC [+]
jurov: so if you buy now at 0.277 , the price must be larger than ~13.7 for you to profitably exercise
FabianB_: ok, so for C110 it would be (x-11)/x
jurov: and exact breakeven for calls is at strike/(1-buyprice)
FabianB_: trying to figure out if it makes sense to buy options if i buy something with btc today (at a usd price), but in the end don't want to have less btc in my wallet, so buyin new btc few days later
FabianB_: but expect price between now and in 4 days to rise
mircea_popescu: if you expect price to rise then you want either long puts or short calls
FabianB_: hmm.. what if i dont care which way prices go, i just want to have same amount of btc in the end
FabianB_: but since fiat -> mtgox takes a while, i don't know how much fiat i have to send to mtgox
FabianB_: so buying an insurance for price change would make sense
mircea_popescu: but in what you say is implicit you do care which way prices go. that's why buying insurance for price changes makes sense.
FabianB_: price falling would be nice for me anyway, rising price would get me less btc if i don't hv options
FabianB_: if i have 100 btc now, spend 10 btc now and coz current price is 10 usd i send 100 usd to mtgox which will arive in a few days
jurov: mircea, why long puts in this case? they will get cheaper if btcusd rises, no?
FabianB_: so if usd price is at 12 in 4 days i could calculate what kind of long call i should buy to insure that
sgornick: A good place for the results to also be posted would be in that thread.
jurov: FabianB_, i guess none of currently offered mpoe calls will be profitable at 12
FabianB_: so options only make sens with big price changes?
jurov: unless there's some gentlemen who creates some for you ar such price
mircea_popescu: sgornick i guess you have a point. i recently switched my blog from romanian to english, so i kinda intend to make it the source for results. but i guess a link can't hurt anything.
jurov: fabian, i'd rephrase it so that nobody dares to offer them at better price
gribble: BTCUSD ticker | Best bid: 10.46505, Best ask: 10.51980, Bid-ask spread: 0.05475, Last trade: 10.46502, 24 hour volume: 96030.81201998, 24 hour low: 9.74000, 24 hour high: 10.83883, 24 hour vwap: 10.18519
FabianB_: ok, many ppl expect it to go towards 12 again
mircea_popescu: but in general : big price swings are better served by long positions. fine price movements are better served by short positions.
FabianB_: so i guess on traditional forex options have smaller price differences, coz e.g. usd<->eur price changes are smaller
assbot: [MPEX] [S.MPOE] 4900 @ 0.00046597 = 2.2833 BTC [-]
mircea_popescu: you don't often see eur gaining 5% over usd in 24 hours
mircea_popescu: this has happened like i dunno, a dozen time in btc this year
jurov: i'm in a bit of a risky mood and don't think price will be back at 12 in 4 days, would create approriate options for you as a proper broker would... but my head is spinning already
mircea_popescu: an important point tho is that you don't HAVE to take the bot offers
FabianB_: hehe, jurov, it was just an example now
FabianB_: but maybe i'll get back to that jurov if i really need it
mircea_popescu: so baked in is a convenience cost too. people don't seem to be doing nearly enough of their own offering, much prefering the instant execution of bot offer.
FabianB_: thinking about if btc would be worth if i'm a producer of some goods e.g. in china, for shippment to eur/us, e.g. payment in btc now, shippment in europe arives 40 days later, btc price in that time probably moved a lot
jurov: someday i ought to do myself few cups of extra strong coffee and do the maths...
mircea_popescu: FabianB_ would most definitely be worth it in that scenario.
mircea_popescu: cutting out the (significant) bank fees for letters of credit
FabianB_: mircea_popescu: yeah, that's cutting the bank fees, but introduces the risk of volatility, if i don't use option insurance
mircea_popescu: but out of the bank savings you can buy a lot of options insurance.
mircea_popescu: (such as, for instance, if the company goes bankrupt you can't be clawbacked
FabianB_: and instant transaction etc., can send the goods next day and not in 10 days when international wire arives..
FabianB_: mircea_popescu: what's the usual?
FabianB_: and then they do bulk transfer?
FabianB_: well, credit needs to be executed some time
FabianB_: so the 3rd party (bank) just hands it over to some other bank, or buys currency at the forex market for it or something
mircea_popescu: it's inconvenient and really mostly a relic from the pre ww2 days
mircea_popescu: provided, of course, the fucking chinese stop hussling people at macau.
FabianB_: yeah, traditional banks suck at international money transfer
FabianB_: is there more to read on that macau story?
FabianB_: macau is like hong kong an SAR, so the chinese central gov shouldn't have much to do with it
mircea_popescu: heh that's just a theory. in practice, they're very involved.
FabianB_: well, depends on which kind of question
assbot: [MPEX] [S.MPOE] 1608 @ 0.00046548 = 0.7485 BTC [-]
sgornick: mircea_popescu: If I used for trading on MPEx my main GPG key that I use for WoT (and has my e-mail address), can someone figure out what assets I own?
mircea_popescu: not unless either some servers are seriously broken into or someone cracks gpg
mircea_popescu: on the other hand, if you use a properly set up anon key nobody can ever figure it out, even if they owned all the servers in the world.
mircea_popescu: (also, you can link to specific sections in the faq by c/p ing the question number link)
sgornick: > you can link to specific sections in the faq <-- Fixed.
mircea_popescu: more like an "in general". that thing's monstrously large by now
mircea_popescu: i'd much prefer something a page or two long but it doesn't seem possible
sgornick: mpex.py needs an option to specify which key to sign with -- for gpg.encrypt( , , sign=signer_fingerprint)
assbot: [MPEX] [S.MPOE] 30430 @ 0.00046548 = 14.1646 BTC [-]
assbot: [MPEX] [S.MPOE] 14270 @ 0.00046529 = 6.6397 BTC [-]
jurov: sgornick, python-gnupg does not support that, sorry
mircea_popescu: actually there was a nightmare situation with one customer who somehow changed his default key in between having it registered and sending the first payment
jurov: i needed the second key to be used in chroot anyway so i did not hax around it
jurov: i don't remember, it was months ago... but as you see, at least on decryption you don't have any parameter there
mircea_popescu: actually... it might be time someone makes a pympex port for the latest python
assbot: [MPEX] [S.DICE] 29630 @ 0.003375 = 100.0013 BTC [-]
BTC-Mining: Oh wait, no, it's just Gladamas disguised for Halloween.
mircea_popescu: did pirate release the list of depositor names and emails yet ?
BTC-Mining: The Universe was created by The Conspirator. It's just one huge conspiracy.
mircea_popescu: your conspiratorial attempts to fool me into believing your conspiracies fail.
BTC-Mining: Worry not, for it make no difference whatsoever because everything is nothing and nothing is everything and nothing. It's all in your head. Be sure to keep it in there! Here, take a tinfoil hat.
BTC-Mining: Everyone are self-certifying conspirators. All truths are different and contradictory, but all truths nevertheless.
BTC-Mining: "Of course, any conclusions resulting from such work would be limited by the possibility that everything we think we understand about quantum chromodynamics, or simulations for that matter, could be flawed."
BTC-Mining: That... we basically can't prove if what we see is a simulation or not while testing and measuring from inside the simulation based on our knowledge of simulations.
BTC-Mining: We wouldn't know how things work outside the simulation.
BTC-Mining: And even if it's not a simulation... It's a universe with particles and a set of rules how they interact... It's basically the same as a simulation, but in more complex.
BTC-Mining: Simulation or not, seems like the same thing...
assbot: [MPEX] [S.MPOE] 15030 @ 0.00046529 = 6.9933 BTC [-]
assbot: [MPEX] [S.MPOE] 20900 @ 0.00046499 = 9.7183 BTC [-]
assbot: [MPEX] [S.MPOE] 9500 @ 0.00046477 = 4.4153 BTC [-]
assbot: [MPEX] [S.MPOE] 8412 @ 0.00046475 = 3.9095 BTC [-]
BTC-Mining: But I guess that would most closely define myself.
BTC-Mining: hmm, Windows 8 looks like THE shit. ("shit" being used pejoratively)
BTC-Mining: Thank you for spamming my Live inbox, Microsoft.
BTC-Mining: Seriously... what good is an OS where I can't have a clusterfuck of icons on a desktop?
Diablo-D3: <xfce> ACHIEVEMENT UNLOCKED: NO ICONS
mircea_popescu: <BTC-Mining> hmm, Windows 8 looks like THE shit. << that means great.
BTC-Mining: I have to use THE, meaning it's THE one.
Diablo-D3: seriously, I have icons turned off
BTC-Mining: Unfortunatly it conflicted with an idiom.
Diablo-D3: X exists to display multiple terms concurrently
mircea_popescu: and by date and by size and by their mother's pedigree
mircea_popescu: desktops are for people who use like... smartphones and shit like that.
BTC-Mining: Yeah, but I mean, how do you find specific files?
BTC-Mining: Assuming you can't remember the name for every thousand files you have...
BTC-Mining: Find is only useful when you know the filename.
BTC-Mining: I have that problem all the time. Web files, old game I want to play again, web images I want to get back editing on.
BTC-Mining: Eh. Well I order things on my desktop for easy access.
assbot: [MPEX] [S.MPOE] 11610 @ 0.00046475 = 5.3957 BTC [-]
assbot: [MPEX] [S.MPOE] 25738 @ 0.00046474 = 11.9615 BTC [-]
BTC-Mining: Well the problem with the desktop is files moving around when the screen resolution changes or moving files displacing other icons.
BTC-Mining: That and the desktop only have so many space...
BTC-Mining: But there's fixes for that. Windows is quite customizable.
BTC-Mining: Actually, let me get a screenshot of my desktop
assbot: [MPEX] [S.DICE] 20000 @ 0.003375 = 67.5 BTC [-]
BTC-Mining: I ended up using imgur. It managed not to freeze near the end.
BTC-Mining: I never really have to look around for what I want
BTC-Mining: I keep off the programs I don't use often but can at least remember the names for the start menu/search box.
BTC-Mining: For the rest, I just like to have organized folders, searching for files is too tedious.
BTC-Mining: Waiting for Nefario to release assets data...
kakobrekla: hehe, love how mpex makes their dump public while people wait for nefario to wake up
BTC-Mining: He wants all double payments back and then processing payments before proceeding with releasing information I get it.
assbot: [MPEX] [S.MPOE] 33278 @ 0.00046479 = 15.4673 BTC [+]
JWU42: yep - called him last week and he said the same...
assbot: [MPEX] [S.MPOE] 6622 @ 0.00046479 = 3.0778 BTC [+]
Diablo-D3: I dont really see a point in this though
Diablo-D3: parallel computing is already accessable to the masses
Diablo-D3: TOO MUCH MASTURBATION IS BAD FOR THE EYES
BTC-Mining: Once completed, the 64-core version of the Parallella computer would deliver over 90 GFLOPS of performance and would have the the horse power comparable to a theoretical 45 GHz CPU
Diablo-D3: well, maybe not that low of wattage
Diablo-D3: but high performance memory burns watts
kakobrekla: jeez, who are you talking to Diablo-D3
kakobrekla: i pasted a link so you can read this shit
Diablo-D3: kakobrekla: you have btc-mining on ignore?
kakobrekla: what does memory has to do with anything here
Diablo-D3: the $100 gcn is more powerful, but uses more watts
Diablo-D3: I imagine parallella has shit for memory
BTC-Mining: I don't really know cheap tho. Just stating compared to standalone consumer CPU/GPU specs and price.
Diablo-D3: also, parallella sounds like a food
Diablo-D3: BTC-Mining: cheap isnt magically good
Diablo-D3: not when people can buy parallel hardware already
Diablo-D3: and may even have it and not know it
BTC-Mining: and dev boards tending to be incredibly more expensive compared to consumer grade hardware.
Diablo-D3: parallel doesnt magically fix shit either
Diablo-D3: okay so, they're claiming 26 gigaflops on $99
Diablo-D3: a 7750, the smallest GCN, using the ddr3 model, does 819 gflops and has 55 max watts and costs $109
Diablo-D3: the smallest still in production 5xxx/69xx is a Cedar, the 7350, 104 gflops, 20 watts
Diablo-D3: no price avail because its OEM only
mircea_popescu: Diablo-D3 you know these ipos tend to be a lot of hype.
Diablo-D3: Im just saying here, cheap parallel hardware is already here
BTC-Mining: But can you really do everything you can do on a dev board on those?
Diablo-D3: I wrote a bitcoin miner, after all.
BTC-Mining: Yes... but not all good GPU are good at that. Basically only Radeon.
BTC-Mining: Because they're designed to do specific calculatations...
BTC-Mining: Would they be as performant for any task? Doesn't seem so. Aren't dev boards more like generic CPU for performing a larger variety of tasks?
assbot: [MPEX] [S.MPOE] 16237 @ 0.00046474 = 7.546 BTC [-]
assbot: [MPEX] [S.MPOE] 33763 @ 0.00046446 = 15.6816 BTC [-]
mircea_popescu: BTC-Mining i don't imagine parallella chips do so well at parallelizing "a variety" of tasks anyway
BTC-Mining: Well it would do a variety of tasks...
BTC-Mining: So a more generic processor would be preferable. Unless you want to do tasks a GPU is good for.
BTC-Mining: Then consumer grade GPU are pretty performant and cheap.
mircea_popescu: im sure it's better than a radeon vidcard in that sense
mircea_popescu: but reasonably if i wanted to do parallel processing i'd still just rent out a rack of boxes and use that.
BTC-Mining: Well yeah. Renting is cheaper and you don't need to buy the whole hardware.
BTC-Mining: But if you need to share it and use it all the time, a cheap one wouldn't be bad.
BTC-Mining: Wouldn't for example students benefit from having cheap dev board available?
smickles: OMG, mircea_popescu that statjson will make things so much easier, and the md5, but what exactly is the md5 of for each secton?
smickles: oh, fing windows, i can't test it with /n's in mind
smickles: i'll have to get back to my main macine
mircea_popescu: basically the point of the md5 is precisely to allow *some* armor hardening of the thing while still allowing it to be read like plain text
BTC-Mining: Well it's purely guesses and speculation on my part anyway. I don't really know anything about development and the need for dev boards.
smickles: well, seems like it can be utilized as a very quick and simple check for differences
mircea_popescu: smickles and also, seen the mpex db dump ? good insurance for customers, if they put a big order in also save a db dump :p
mircea_popescu: smickles and yes, that too, allows you to see fast which sections changed if you store prev hashes
mircea_popescu: it doesn't look like so much but a lot of work went into this thing actually.
assbot: [MPEX] [S.MPOE] 9478 @ 0.00046478 = 4.4052 BTC [+]
assbot: [MPEX] [S.MPOE] 22600 @ 0.0004655 = 10.5203 BTC [+]
assbot: [MPEX] [S.MPOE] 46300 @ 0.00046648 = 21.598 BTC [+]
assbot: [MPEX] [S.MPOE] 34100 @ 0.00046701 = 15.925 BTC [+]
assbot: [MPEX] [S.BVPS] 3000 @ 0.0032491 = 9.7473 BTC [-]
smickles: mircea_popescu: you should sign and encrypt the db with the exchange key. that way, should it become necessary for the public to decrypt it, you wouldn't need to release your personal key
mircea_popescu: i'm not releasing my key either way, why'd i release it ?
smickles: idunno, i have some half-baked reason forming which invoves some situation where you are abducted or something
mircea_popescu: suppose for a moment there's an uberconspiracy of like, the reptillians
mircea_popescu: who covertly follow all my communications, know of all my back-ups and one day suddenly strike!
mircea_popescu: the advantage of this scheme is that backups can now be obtained from both known *and unknown* sources
mircea_popescu: making the entire thing much more resilient to attacks.
smickles: Oh, i feel like i completly understand the backup aspect of it
smickles: i was trying to think of a situation where you are inaccessable some how, and you have the exchange key released to the public so that people can get at the data
mircea_popescu: think about it, the exchange key is released to decrypt db
mircea_popescu: a week later there's fifty billion fake stats floating around
smickles: what would the use of a stat be if the exchange were down tho?
smickles: hey, i said the idea was half-baked :P
mircea_popescu: anyway, the system is pretty well designed for expansion. in the future i might generate a special key just for db signing, and put it somewhere safe
BTC-Mining: well... public key... private key... how about other backup keys where the private key is never disclosed and the public key to decrypt the database is only disclosed in case you disappear?
BTC-Mining: And sign the public key for the database with the exchange's key. That way people know if they decrypt it with that public database key, it was a statement encrypted with the official backup private key.
assbot: [MPEX] [S.MPOE] 2400 @ 0.00046648 = 1.1196 BTC [-]
assbot: [MPEX] [S.MPOE] 7022 @ 0.00046621 = 3.2737 BTC [-]
assbot: [MPEX] [S.MPOE] 2078 @ 0.00046583 = 0.968 BTC [-]
mircea_popescu: idea was guy encrypts a "would you marry me" with his public key
mircea_popescu: he figures by the time she breaks it he'll know for sure.
BTC-Mining: But what's the issue with encrypting with your private key with a public key for decrypting the data?
BTC-Mining: But the idea is to be able to release confidential data. And only if you disappear, an automated process triggers because a time limit is not reset and it releases the public key for decrypting the database.
BTC-Mining: yeah, I mean, just for covering the case of all people with access to MPEx suddenly being incapacitated to keep-through with the business, data could still be released.
mircea_popescu: still, you know, a raw db dump isn't the right way to do this.
mircea_popescu: it'd have to be released as a per-issuer section, encrypted with the issuer's public key.
smickles: did i kick a hornet's nest or somehting?
mircea_popescu: just, the natural inclination of people is to think in terms of, this db dump is for if i die. not what it is for. it's for if govt confiscates interwebs.
mircea_popescu: BTC-Mining nothing's the problem wit hthat, but it's not part of the db dump line :)
BTC-Mining: A special database, with it's own key pair. You make it available for download, encrypted with the database private key. The public key for it is released after 6 months without resetting the counter on it. Signed with the exchange's key so we know any data decryptable with that public key is from the official source.
smickles: it's not about you being dead, it's about you being abducted by the reptillians
BTC-Mining: The decrypted data containing a per issuer data with further encryption with their public key.
BTC-Mining: So only issuer has access to data for each holder.
mircea_popescu: and you depend on the entire system surviving by itself for six months
mircea_popescu: honestly, i think if nefario came out right now and said he's releasing issuer data in april
BTC-Mining: Well for many, it would actually still be useful...
BTC-Mining: As long as issuers keep the accounting and putting the BTC aside for when that data is released.
BTC-Mining: Honestly, I don't expect anything that extreme, mircea.
BTC-Mining: Just stating it would be possible to make a database public and official without the need to release a private key to forge different sets of data.
mircea_popescu: but in the extreme case the db needs to be distributed what i envisage is a text flatfile containing each issuer's holders encrypted with his public key, the whole thing signed and dumped on like, piratebay
BTC-Mining: Would probably be simplier and better.
mircea_popescu: alongside a final dump of everyone's stats, encrupted with their public key
BTC-Mining: But that flatfile needs to be encrypted with the exchange's key first of course.
mircea_popescu: actually this is delineated in the faq since the days when people were asking mpex (but not glbse) what is the plan for the case which befel glbse but not mpex.
BTC-Mining: hmm... how do we know the flatfile is official then?
BTC-Mining: Either way the source can be verified.
assbot: [MPEX] [S.MPOE] 5022 @ 0.00046583 = 2.3394 BTC [-]
assbot: [MPEX] [S.MPOE] 6437 @ 0.00046446 = 2.9897 BTC [-]
assbot: [MPEX] [S.MPOE] 9382 @ 0.00046419 = 4.355 BTC [-]
assbot: [MPEX] [S.MPOE] 31166 @ 0.00046249 = 14.414 BTC [-]
assbot: [MPEX] [S.MPOE] 16154 @ 0.00046249 = 7.4711 BTC [-]
mircea_popescu: what the hell is with people painting their walls orange ?
mircea_popescu: and i do not mean some pale yellow or w/e, i mean orange, like the fruit.
smickles: well, it seems one reason may be to annoy you
smickles: is it a darker sort of orange, or bright glowing orange?
smickles: like 70s era or gay pride parade?
mircea_popescu: it's a bright glowing orange that makes food look unhealthy and women's complexion totally alien
gribble: BTCUSD ticker | Best bid: 10.40000, Best ask: 10.44857, Bid-ask spread: 0.04857, Last trade: 10.40000, 24 hour volume: 43262.33694086, 24 hour low: 10.12999, 24 hour high: 10.83883, 24 hour vwap: 10.45494
mircea_popescu: lol so for 3 months now we've been giggling between 10 and 14
assbot: [MPEX] [S.MPOE] 41623 @ 0.00046298 = 19.2706 BTC [+]
smickles: ;;calc -1 * [bc,24hprc] + 10 + .2867
smickles: ;;calc -1 * [bc,24hprc] + 10 + .1367
smickles: ;;calc -1 * [bc,24hprc] + 10 + .4367
smickles: ;;calc -1 * [bc,24hprc] + 10 -.235
gribble: Error: Something in there wasn't a valid number.
smickles: ;;calc -1 * [bc,24hprc] + 10 - .235
smickles: ;;calc [bc,24hprc] - 10 - .2876
smickles: i'm trying to work out that arb b/t mpex and icbit
smickles: you know anything about call put parity?
smickles: the futures on icbit deliver at 10 at the end of december, so at some point in time, there should be an arb op
smickles: oh, well, middle of december, but still
smickles: ;;calc [ticker --bid] - 10 - .2876
smickles: oh, i know what i'm fucking up
smickles: ;;calc [ticker --bid] - 10 / [ticker --bid] - .2876
smickles: ;;calc [ticker --bid] - 10 - .2876 * [ticker --bid]
smickles: ;;calc ([ticker --bid] - 10 - .2876 * [ticker --bid]) / [ticker --bid]
smickles: ;;calc ([ticker --bid] - 10 - .2876 * [ticker --bid]) / [ticker --bid] * -1
smickles: ;;calc ([ticker --bid] - 10 + .1549 * [ticker --bid]) / [ticker --bid] * -1
smickles: ;;calc ([ticker --bid] - 10 + .1549 * [ticker --bid]) / [ticker --bid]
assbot: [MPEX] [S.MPOE] 23268 @ 0.00046139 = 10.7356 BTC [-]
assbot: [MPEX] [S.MPOE] 300 @ 0.00046047 = 0.1381 BTC [-]
assbot: [MPEX] [S.MPOE] 1869 @ 0.00046008 = 0.8599 BTC [-]
assbot: [MPEX] [S.MPOE] 11063 @ 0.00045993 = 5.0882 BTC [-]
smickles: mircea_popescu: come play monopoly with me and bitfoo for btc
smickles: ;;calc ([ticker --bid] - 10 + .1549 * [ticker --bid])
bitfoo: that's a lot of calculations :o
smickles: i should stop spamming, i gueess
bitfoo: work it out and then we can all arb ;)
smickles: that last one proves that it's there, if you know what you're looking at
bitfoo: it's too late in the day for me to even try and figure that out
smickles: ;;calc .2762 * [ticker --bid] - .2417 * [ticker --bid]
smickles: short stradle at 100N, buy icbit futures up to 10.35
bitfoo: icbit depth looks pretty thin
smickles: i've done it already on accident
smickles: bitfoo: part of that is the fact that only the nearest 5 orders are shown (either side of center)
bitfoo: yeah, I was trying to figure out how to see more than that
bitfoo: not possible I assume?
smickles: i should find confidence in my math, then i would arb that op so hard
smickles: mircea_popescu: i identified the arb op
smickles: short stradle at 100N, and buy the futures up to 10.35ish
assbot: [MPEX] [S.MPOE] 13537 @ 0.00045993 = 6.2261 BTC [-]
assbot: [MPEX] [S.MPOE] 7600 @ 0.00045989 = 3.4952 BTC [-]
assbot: [MPEX] [S.MPOE] 13005 @ 0.00045918 = 5.9716 BTC [-]
assbot: [MPEX] [S.MPOE] 11033 @ 0.00045901 = 5.0643 BTC [-]
mircea_popescu: part of that is the fact that only the nearest 5 orders are shown << who comes up wit this sort of shit ?
Chaaang-Noi: well im sure you know why 3.14 was not sued
assbot: [MPEX] [O.BTCUSD.C100N] 10 @ 0.27614221 = 2.7614 BTC [+]
assbot: [MPEX] [O.BTCUSD.P100N] 9 @ 0.24169245 = 2.1752 BTC [-]
mircea_popescu: see, that's faulty. "we should do X, but we can't practically do X so we are doing Y instead"
mircea_popescu: if it should be 3.14 then they either do 3.14 or not do it at all.
mircea_popescu: anyway this is all academic, iirc there wasn't much volume anyway, like 1-2 btc a week or something
mircea_popescu: or not wait, i think i was looking at some gold and oil futures
assbot: [MPEX] [O.BTCUSD.P100N] 2 @ 0.24169245 = 0.4834 BTC [-]
smickles: hmm, high wire act, vs starwars reference
mircea_popescu: "For the last time, geeks should not open financial service businesses just because they can make the website and fire up some hardware"
smickles: so it's like tele-court, main page == judge judy?
smickles: i should've continued learning greek
smickles: i took 2 or three classes then stopped because it was a 7am class, and I had an hour bikeride to make it
mircea_popescu: go home tonight and say "honey, today we talk about χαρέμι"
smickles: "Prospero, the only British satellite to date launched on a British rocket, lifted off from Launch Area 5B..." <<this statement feels so full of lame
smickles: area 5b sounds like a shitty appartment with only one room
smickles: prospero is that fake enthusiam you get from an pessimeist
mircea_popescu: nothing could be lamer than romania's first and only satellite to date tho
smickles: and they've only done it once since 1971
smickles: lol, did they throw it by and and lose track of it (now thinking it was a successful mission)?
smickles: When the project began, the developers of this satellite were still in college.""
smickles: "As of 26 February 2012, it appears that the satellite has not settled into the orbit properly. Due to a malfunction to its stabilizing system, it is expected that the satellite will spin uncontrollably and eventually get lost in space. However, the coordinator of the project, Mugurel Bălan has stated that the situation is under control."
smickles: statement was made 13 days after launch
smickles: makes sense, they launched it, right?
mircea_popescu: shoulda hired the brits instead, 5b sounds more hygienic than guyana
smickles: lol, so in the same timeframe it took to develop this (and the rocket that sent it up), elon musk docked a ship with the ISS
assbot: [MPEX] [S.MPOE] 4300 @ 0.00046291 = 1.9905 BTC [+]
assbot: [MPEX] [S.MPOE] 7577 @ 0.00046298 = 3.508 BTC [+]
assbot: [MPEX] [S.MPOE] 623 @ 0.00046335 = 0.2887 BTC [+]
smickles: but neither were the people wo developed the vega rocket
smickles: it's first launch sent up your satilite
smickles: oh wow, i'm going to make a solid rocket booster out of sucrose
smickles: what'd he get that status for?
mircea_popescu: girl dug up a conviction. there will be a post in a few.
assbot: [MPEX] [S.MPOE] 1600 @ 0.00046335 = 0.7414 BTC [+]
assbot: [MPEX] [S.MPOE] 10600 @ 0.00046213 = 4.8986 BTC [-]
assbot: [MPEX] [S.MPOE] 40977 @ 0.00046335 = 18.9867 BTC [+]
assbot: [MPEX] [S.MPOE] 32100 @ 0.00046482 = 14.9207 BTC [+]
assbot: [MPEX] [S.MPOE] 668 @ 0.00046744 = 0.3122 BTC [+]
assbot: [MPEX] [S.MPOE] 31906 @ 0.00046848 = 14.9473 BTC [+]
assbot: [MPEX] [S.MPOE] 49000 @ 0.00047196 = 23.126 BTC [+]
assbot: [MPEX] [S.MPOE] 37100 @ 0.00047202 = 17.5119 BTC [+]
assbot: [MPEX] [S.MPOE] 24590 @ 0.00047259 = 11.621 BTC [+]
assbot: [MPEX] [S.MPOE] 35500 @ 0.00047283 = 16.7855 BTC [+]
assbot: [MPEX] [S.MPOE] 48159 @ 0.00047506 = 22.8784 BTC [+]
mircea_popescu: The woman named “Democrat of The Year” this year by the Jefferson County Democratic Party has been convicted of felony theft by a Jefferson County jury for stealing from a developmentally disabled 71-year-old woman.
rg: the fact that its from a retard makes it SO much worse
assbot: [MPEX] [S.MPOE] 11200 @ 0.00046213 = 5.1759 BTC [-]
assbot: [MPEX] [S.MPOE] 13700 @ 0.00045901 = 6.2884 BTC [-]
assbot: [MPEX] [S.DICE] 370 @ 0.003375 = 1.2488 BTC [-]
assbot: [MPEX] [S.DICE] 630 @ 0.00339944 = 2.1416 BTC [+]
Chaaang-Noi: yeah he should not ahve mailed them or sold them on ebay
Chaaang-Noi: that warning should have made him know better
Chaaang-Noi: why would he be selling that stuff on ebay
assbot: [MPEX] [S.MPOE] 30665 @ 0.00045934 = 14.0857 BTC [+]
assbot: [MPEX] [S.MPOE] 30073 @ 0.00046327 = 13.9319 BTC [+]
assbot: [MPEX] [S.MPOE] 15800 @ 0.0004624 = 7.3059 BTC [-]
Anduck: wat happened to BFL.FAIL and BFL.SUCC and DMC?
Diablo-D3: what happened to ALL THE FUCKING ASSETS ON GLBSE
Anduck: what are you going to do about it?
Anduck: will you just clap ur hands and say hah ahh hahah free mony no need pay cuz nefario'ddd
Chaaang-Noi: its not the asset issuers responcability to deal with the broker, its the people who used the brokers servces to deal with it
Anduck: i had like 1 btc in there...
Chaaang-Noi: well i dont know what everyone will do, but asset issuers dont ahve an good options
Anduck: if he knows who had what asset and how much
Chaaang-Noi: he cant ever "know" he can only trust nefario
Anduck: that's same even if GLBSE was up
Chaaang-Noi: if he trust nefario it opens himself up to others claiming they had it
Chaaang-Noi: diable only needs to pay glbse.. glbse then needs to pay out the money
Chaaang-Noi: and now he and all the other glbsers can get their asses sued
assbot: [MPEX] [S.MPOE] 9100 @ 0.00045978 = 4.184 BTC [-]
assbot: [MPEX] [S.MPOE] 22798 @ 0.00045934 = 10.472 BTC [-]
mircea_popescu: so what's the word, any asics delivered last week ? what was the hash jump we saw ?
EskimoBob: if I understand it correctly, PPT operators can actually get off that boat by paying the investors back the coin
mircea_popescu: EskimoBob in most cases having repaid everyone with a claim shields you from responsibility
mircea_popescu: in all cases it cuts the eventual punishment significantly.
assbot: [MPEX] [S.MPOE] 21100 @ 0.0004592 = 9.6891 BTC [-]
assbot: [MPEX] [S.MPOE] 6300 @ 0.00045901 = 2.8918 BTC [-]
EskimoBob: was bitcoinmax.com guy ever doxed?
Diablo-D3: Anduck: what Chaaang-Noi said, basically
Diablo-D3: until nefario releases the data, I cant do shit
Diablo-D3: Anduck: plus, I bought back half the DMC shares before GLBSE collapsed, and the DI.BFLSC stuff isnt due until after the 31st
assbot: [MPEX] [S.MPOE] 18400 @ 0.00045901 = 8.4458 BTC [-]
assbot: [MPEX] [S.MPOE] 11659 @ 0.0004583 = 5.3433 BTC [-]
OneMiner: Who's Mr. Ver? 10 months in prison sounds about right to me. One of the links talks about him storing the explosives in a residential apartment building and mailing them via US mail. Assuming the products were going all over the country they could have ended up on a plane. At the very minimum he put hundreds of people in mortal or near mortal danger.
OneMiner: You can only imagine how many were in his apartment. If there was a fire he'd be lucky to not end up with manslaughter charges at the least.
assbot: [MPEX] [S.MPOE] 2141 @ 0.0004583 = 0.9812 BTC [-]
assbot: [MPEX] [S.MPOE] 13600 @ 0.00045777 = 6.2257 BTC [-]
assbot: [MPEX] [S.MPOE] 5100 @ 0.00045721 = 2.3318 BTC [-]
assbot: [MPEX] [S.MPOE] 18662 @ 0.00045661 = 8.5213 BTC [-]
mircea_popescu: OneMiner he's a bitcoin enthusiast, been doing things like taking outdoor panels to advertise his acceptance of bitcoin
mircea_popescu: runs a computer parts shop in california, financed bitpay to some degree, lost a lot of money in bitcoinica etc
assbot: [MPEX] [S.MPOE] 34738 @ 0.00045661 = 15.8617 BTC [-]
assbot: [MPEX] [S.MPOE] 19462 @ 0.00045634 = 8.8813 BTC [-]
Chaaang-Noi: EskimoBob i dont know who the investors are.. the only one i deal with is nefaro/glbse
Chaaang-Noi: no one has a claim vs me... they have claim vs glbse
assbot: [MPEX] [S.MPOE] 6300 @ 0.00045634 = 2.8749 BTC [-]
Chaaang-Noi: this is why nefario had to shut down glbse
assbot: [MPEX] [S.MPOE] 14600 @ 0.00045819 = 6.6896 BTC [+]
assbot: [MPEX] [S.MPOE] 5838 @ 0.00045634 = 2.6641 BTC [-]
assbot: [MPEX] [S.MPOE] 30262 @ 0.00045482 = 13.7638 BTC [-]
knotwork: Oh gosh I'm shocked, anarchists don't just *read* the anarchists cookbook some of them actually *cook*?!??! But to then capitalistically *sell* their cooking gasp that is *too* much!
knotwork: I suppose now when all the [...fellows..] hear that I did time for *growing and selling plants* they'lll all move over on the bench to distance themselves from me...
knotwork: Chap did time! Selling fireworks by mail. Me all I did was grow plants
knotwork: oh and sell them. growing is only up to 7 years, selling is up to life
knotwork: (Bench part is an Alicie's Restaurant reference)
knotwork: yeah 30 days served on weekends in the trailer outside the actua prison, with time off for good behavior.
knotwork: come in fiday night leave monday morning counts as four days
knotwork: smells nicer than the state's evil weed and causes less cancer, plus might not pay tax! Eeeeeevil!
knotwork: not an approved means of weaning oneself off their evil weed :)
knotwork: hmm maybe weekend countes as 3 days. it counted for more than it really was for sure
knotwork: spent the last weekend at home in house arrest, their was too much weed in the prison so they let folk go home
knotwork: I wasn't even actually proven to sell them, its assumed anyone with two cartons of smokes must be a dealer, no proof needed
OneMiner: The one law has nothing to do with the other. Fireworks are explosives and can set fires easily. Guy got 10 months for it. Sounds kosher to me.
knotwork: I was willing to go to supreme court on that as assuming guilt so the dropped the selling charges and gave me 30 days weekends for the cultivation
mircea_popescu: knotwork wait a second. are you talking tobacco or pot ?
knotwork: actually it wasnt even selling charge its worded as possession with intent to sell so is not only assuming guilt its assuming intent
knotwork: OneMiner haha for a moment I thought you mean Guy Ffawkes got ten months for it :)
knotwork: Remember Remember the Fifth of November? Does that rhyme now only refer to some 21st century movie?!?!?!
knotwork: Gunpowder, Treason, and Plot!??!
knotwork: He put fireworks under the Central Bank! (no, wait, just the houses of parliament, maybe not so bad?)
knotwork: yeah I was prety sure he didn't just get 10 months :)
OneMiner: Ummm..... Don't know 'bout the 5th of Nov. Probably heard of it once.....
knotwork: some big nob was in the houses at the time else maybe it'd've been a misdeameanor or a service to the crown
assbot: [MPEX] [S.MPOE] 28200 @ 0.00045612 = 12.8626 BTC [+]
knotwork: Oneminer LMGTFY "Gunpowder plot"
knotwork: 5th november is almost a national holiday so as never to forget
OneMiner: People who choose to solve their problems with explosives are not welcome near me, but I'll take a look at that anyways. ;)
knotwork: maybe actually a national holiday. not sure. maybe just a folk holiday
knotwork: yay we nearly got free of crown and parliament!
knotwork: 4th july is the more modern one, yay we DID get free of crown and parliament. braggarts. :)
OneMiner: The fact that there's still a royal family offends me too.
knotwork: oh gosh I was joking! We burn Guy in effigy on Nov 5th! Sheesh!
knotwork: Suppose the Queen Mum had been in there!?!?! :)
OneMiner: They should do the right thing and become citizens like everybody else instead of what I like to call "super citizens" most equal of the equals, you dig?
OneMiner: If you have someone above then it's possible to have others below. It's an argument for slavery in reverse.
knotwork: Not so sure. Consider voters, bread, and circusses. Having someone trained to the task who can call for a vote of n o confidence seems it could have redeeming virtue
mircea_popescu: entire fucking point of life, society and inextricable part of human hapiness : soe being below.
OneMiner: So, slavery. It's the natural conclusion, don't you think?
knotwork: Bunch of Americans immigrates and votes in bunch of weirdo gunslinging bible belters I'll be praying yes please King William, call for a frakkin vote of no confidence pronto please its un-British!!!
OneMiner: Ha! wouldn't go well for you. You'd be defending and I'm a good shot. :P
OneMiner: Ether one, I could use a .22 and get it done as well.
knotwork: Burn OneMiner in effigy! Blow him up with good old Black Powder!
OneMiner: Well, I can tell you that if a person tries to put me in a class under them.... their time is limited at that point.
knotwork: Also aren't American Presidents more king in practice than, well, the Queen for example?
OneMiner: There's already a legal precident for that where I'm from.
mircea_popescu: haha no, but it's a simple test for class. there's three classes practically, the homeless, the employed, the idle.
knotwork: OneMiner you'd insult the fans by refusing a knighthood if you were Mick Jagger or Captain Picard?!?!
OneMiner: Though I'd love the idea of being a knight..... I may have to refuse.
OneMiner: mircea_popescu is the order right? Homeless on top?
knotwork: Hey wait, Captain Kirk didn't get one? Hmm? Wasnt he too a Shakespearan real stage actor once?
OneMiner: He was. Talks about how serious he took his roles.
OneMiner: Also what does being a knight have to do with fans? And why is pop culture grounds for kinghthood?
knotwork: Maybe his galactic skirt-chasing was unknighlt behavior
knotwork: Because its British! It doesn't have to make sense it just has to have a stiff upper lip! Sheesh!
OneMiner: mircea_popescu then the idle are on top? You've confused me with your list.
OneMiner: Anyways. If the queen is only good for ceremony and drawing in tourists... then let her do that. They can be as royal as they want, just don't use any public monies or lands. Let them follow the same rules as everybody else if these rules are so good. Full disclosure: I'm not a UK citizen.
knotwork: OneMiner re fans, maybe the economy is so bad that selling a few platinum albums or popular movies is all that holds up the entire exchequer
knotwork: or, comparing Kirk to Picard for example, its about proper British behavior. (Oops lets forget Sir Mick a moment there)
knotwork: abe its about mollifying the masses by pretending to respect some of their idols
knotwork: or hey, maybe actually respecting them even
knotwork: Disclaimer: I am a Brit, albeit permanant resident of Halifax NS Canada
knotwork: Maybe part of it is simply that it is personal. They have personal individual person to person responsibility to people
knotwork: it'd be an insult to ask a Brit to swear allegiance to the Queen, hance my not even considering becoming a Canadian citizen
knotwork: I'd have to swear allegiance to the Queen of Canada, which would be an insult to me as a subject of the Queen of Great Britain and Northern Ireland
assbot: [MPEX] [S.MPOE] 22300 @ 0.00045482 = 10.1425 BTC [-]
knotwork: it's be like implying I am not her loyal subject already!!! :)
thestrin1puller: but in all srsness i think i may fork over money for an mpex account
assbot: [MPEX] [S.MPOE] 15100 @ 0.00045612 = 6.8874 BTC [+]
assbot: [MPEX] [S.MPOE] 10214 @ 0.00045646 = 4.6623 BTC [+]
knotwork: yeah I almost did my shameless self-promoting blurb there but figured here would be more apropos
knotwork: (See what I did there!!?! Its implied its me that worked in CIBC datacentre! <<<<======== !!!!
knotwork: ====>>> Back when we punched cards!!!! <<<======
knotwork: Did I mention the time I called my friends from number ten downing street's own switchboard and plugged them into what's on in London in six diffrent languages and the speaking clock?
knotwork: No I am taking over the world (as a loyal subject of King Linus, of course)
knotwork: I am running so far two Open Transactions servers, the only public OT servers so far set up
mircea_popescu: man... how often are you intoxicated while on irc ? honest %
knotwork: actually its been months since I so much as had a beer
knotwork: Starving datacentre-operator :)
knotwork: brewing attracted too many fruitflies landlord made me stop
knotwork: unfortunately I told judge I would not cultivate again :(
knotwork: well not while its still illegal anyway. if I'd gotten a permit before growing it would have been fine. if I'd had the money I maybe even could have bought a bale of legal weed to put on his bench to claim gee sorry I am late filing for a permit
knotwork: hmm or maybe permits werent actually available quite by the trial date they were in the works for sure
knotwork: I am a Brit, this is a commonwealth country I should not have to flee it!
knotwork: hmm actually maybe there is no commonwealth anymore? I recall in 70's there was talk of getting rid of it
knotwork: oh sure I didnt tell judge I would not smoke it! but weed is more or less as expensive an indulgence for a starving datacentre-operator as beer is
knotwork: hmm around here its tobacco that is free, grams of it lying around in public in ashtrays free for the taking
knotwork: Maybe once usage tokens are working in Open Transactions I'll sell some and buy a beer to celebrate
thestrin1puller: I knew a kid once who smoked with Snoop. Apparently snoop carries a qp with him at all times? Anyhow he rolled like 9 cigar style blunts.
knotwork: well now you also know a kid who once called his friends from number ten downing street switchboard too :)
assbot: [MPEX] [S.MPOE] 5124 @ 0.00045646 = 2.3389 BTC [+]
assbot: [MPEX] [S.MPOE] 34176 @ 0.00045675 = 15.6099 BTC [+]
knotwork: on reconnect if old connect is still present your client appends a number to distinguish new connect, evidently also making sure the number falls into the 9 character nick limit some IRC servers (used to?) enforce
thepulledstring: erry is nice and resets my password for me because I have short term memory problems
Azelphur: thepulledstring: I suggest using keepass like I do
sgornick: > This article is available for a fee.
assbot: [MPEX] [S.MPOE] 2138 @ 0.00045482 = 0.9724 BTC [-]
assbot: [MPEX] [S.MPOE] 17762 @ 0.00045462 = 8.075 BTC [-]
mircea_popescu: "Bitcoin is fundamentally flawed because it is a deflationary system, period."
knotwork: Bankers ought to love bitcoin because being limited in supply it lets them control markets by with-holding medium of exchange as usual plus also possibly unlike gold it can be bubbled to any arbitrary value for use as "reserves" and might be cheaper to store too
assbot: [MPEX] [S.MPOE] 8100 @ 0.00045462 = 3.6824 BTC [-]
thepulledstring: "Overhormonal pubescent boys sometimes conjure this imaginary girl that has no family, no emotions, no expectations, needs no food or water, spends her entire day nude in a closet somewhere eagerly awaiting the amorous attentions of the young magician. The Bitcoin-killing quantum computer seems to share most of its traits with that magnificent dream of early teen years. Maybe it’s actually the same thing."
assbot: [MPEX] [S.MPOE] 12076 @ 0.00045675 = 5.5157 BTC [+]
assbot: [MPEX] [S.MPOE] 38624 @ 0.00045749 = 17.6701 BTC [+]
assbot: [MPEX] [S.MPOE] 26538 @ 0.00045462 = 12.0647 BTC [-]
assbot: [MPEX] [S.MPOE] 20815 @ 0.00045458 = 9.4621 BTC [-]
assbot: [MPEX] [S.MPOE] 4447 @ 0.00045391 = 2.0185 BTC [-]
assbot: [MPEX] [S.MPOE] 37218 @ 0.00045391 = 16.8936 BTC [-]
assbot: [MPEX] [S.MPOE] 15982 @ 0.00045372 = 7.2514 BTC [-]
assbot: [MPEX] [S.MPOE] 19584 @ 0.0004545 = 8.9009 BTC [+]
assbot: [MPEX] [S.MPOE] 2501 @ 0.00045373 = 1.1348 BTC [-]
assbot: [MPEX] [S.MPOE] 13515 @ 0.00045372 = 6.132 BTC [-]
assbot: [MPEX] [S.MPOE] 50000 @ 0.00045743 = 22.8715 BTC [+]
assbot: [MPEX] [S.MPOE] 308 @ 0.00045743 = 0.1409 BTC [+]
assbot: [MPEX] [S.MPOE] 704 @ 0.00045749 = 0.3221 BTC [+]
assbot: [MPEX] [S.MPOE] 32259 @ 0.00045819 = 14.7808 BTC [+]
assbot: [MPEX] [S.MPOE] 14302 @ 0.00045932 = 6.5692 BTC [+]
assbot: [MPEX] [S.MPOE] 2298 @ 0.00045972 = 1.0564 BTC [+]
dub: I think its safe to say EskimoBob is well endowed
dub: he's always looking for something looser
dub: on the forum, he continually rants about stuff that is less tight that he is apparently comfortable with
jurov: haha yes, he similarly bitched about mpex backup
jurov: anyway, i guess biggest dick around is..er... has mircea
jurov: cause i'm working on processing STATJSON
jurov: and i wonder whether they actually tested parsing with misc clients or he just said "do it so"
dub: we could infer that EskimoBob find pirate too tight
dub: as he is interested in pursuing his, looser, brother
jurov: dates in nonstandard format, all numbers as "strings"... looks like MPExAgent will stay useful
assbot: [MPEX] [S.MPOE] 3729 @ 0.0004584 = 1.7094 BTC [-]
assbot: [MPEX] [S.MPOE] 1075 @ 0.00045601 = 0.4902 BTC [-]
jurov: oh and "Header" : [{"key1":"value1"},{"key2":"value2"},..etc..] srsly?
jurov: that will be converted into "Header" : {"key1":"value1","key2":"value2"}
jurov: with #remove brain damage
jurov: so... i'll appreciate donations of jsonstat samples (can be redacted, i'm just interested in format of all the parts)
jurov: someone pls kick him, that was outrageous flamebait
jurov: my spine just shivered when trying to imagine what kind of xml would mircea come up with
jurov: already have jsonstat parser for your bots?
jurov: i doubt gson or anything will help you with above
mircea_popescu: jurov everything's strings, what dates you talkin about ?
thepulledstring: jurov: we can perform an experiment for the non standard dates
jurov: for example javascript Date('Sunday the 28th of October 2012 at 07:11:07 PM') actually does work ... except that it thinks it's local time
jurov: and "Header:" is valid, i don't take issue with that. just that you have to iterate over it to find date/time
jurov: yes, it's minor issue. but completely unnecessary one.
mircea_popescu: jurov : the header isn't really intended for your use tho
assbot: [MPEX] [S.MPOE] 25896 @ 0.0004559 = 11.806 BTC [-]
dub: according to this PM questions are best posed in bright green capitals with yellow fill
dub: I think answers might be in 1pt blue on purple (can you do flashing marquee in m$ office?)
jurov: i do use that date at least for unit testing
mircea_popescu: jurov : you're prolly better off using the time string
mod6: (13:12) < thepulledstring> XML ftw
mircea_popescu: jurov and iirc the idea was that "everything as string" is the best choice for universal compatibility
jurov: i'm okay with fractional numbers as strings, that may be necessary to preserve accuracy. but wrapping integers into strings is overkill.
mircea_popescu: think about the "larger integer than expected" case for instance.
mircea_popescu: (yes, i literally have nasa alumni on the team, they are ruining everyone's weekends with ideas such as "well what if this is used in outerspace")
jurov: at least these integers.. would save me(if not anyone else) some work
dub: thats whats up nigga
jurov: yo dawg i herd you wanna intagars...
dub: perils of four monitors
dub: im a one gf kinda guy these days
dub: though she has hinted at the possibility of shared vagoo
assbot: [MPEX] [S.MPOE] 12000 @ 0.00045794 = 5.4953 BTC [+]
dub: nein, sharing another
dub: well yes, I think I would enforce a single penis policy but I guess you never know
assbot: [MPEX] [S.MPOE] 8104 @ 0.00045794 = 3.7111 BTC [+]
assbot: [MPEX] [S.MPOE] 11900 @ 0.00045555 = 5.421 BTC [-]
assbot: [MPEX] [S.MPOE] 1 @ 0.00045552 BTC [-]
dub: so what was the deal with roger ver?
mircea_popescu: i used to shot fuckers in the head and bury them in concrete pillars when i was his age, never was as much as charged.
dub: hope the pillars aren't load bearing
jurov: lol...somebody should add that to those porn accusations on btctalk "beware, mpex is owned by assassin and pornstar"
jurov: she has her share, no?
smickles: mircea_popescu: heh, re rodger ver: i'm one of those peeps who defaults to thinking that his ex-con status was brought about by the gov't interferring with people's right to freely interract with one another
mircea_popescu: smickles i do agree criminal convictions for having sold firecrackers at the age of 20 are a shameful display of statal stupidity.
smickles: dub: I wan't to shouth that link from the rooftops
assbot: [MPEX] [S.MPOE] 25200 @ 0.00045953 = 11.5802 BTC [+]
assbot: [MPEX] [S.MPOE] 2104 @ 0.00045972 = 0.9673 BTC [+]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00045994 = 2.2997 BTC [+]
assbot: [MPEX] [S.MPOE] 3595 @ 0.00045998 = 1.6536 BTC [+]
jurov: when cracked does top 10 spectacular btctalk posts, it will be there
jurov: re:tracking - it surprised me a bit i got much more visitors from reddit than from btctalk.. looks like there's much bigger lurking to BS ratio
gribble: BTCUSD ticker | Best bid: 10.65998, Best ask: 10.65999, Bid-ask spread: 0.00001, Last trade: 10.65998, 24 hour volume: 18472.24445661, 24 hour low: 10.24998, 24 hour high: 10.69800, 24 hour vwap: 10.47636
assbot: [MPEX] [S.MPOE] 46600 @ 0.00045807 = 21.3461 BTC [-]
assbot: [MPEX] [S.MPOE] 3700 @ 0.00045552 = 1.6854 BTC [-]
thepulledstring: but i'm funding from multiple sources over the next few days
jurov: thepulledstring, you're in
jurov: if you want to pull doublespend on me, act quickly now ;)
dub: act now and receive twice teh bitcoins and for a limited time a ginsu shoe and tomato paring knife
thepulledstring: I just wanted to get ahead of the calls since mircea_popescu posted the block halve eta
dub: any of you guys in NYC?
dub: apparently shit is real now, mcdonalds is closed
PsychoticBoy: Islam invasion, First thing to do: CLOSE MCDONALDS
jurov: thepulledstring, you CAN trade nao
Azelphur: dub: I just pasted that to my hosting providers (based in NYC) lol
dub: PsychoticBoy: pretty sure mcdonalds is the last thing to close in any eventuality, 'murricans gotta get dat burger
dub: they'll be out with the zombies lined up on mobility scooters for the drivethru
dub: thepulledstring: fuck yeah
assbot: [MPEX] [S.MPOE] 5605 @ 0.00045998 = 2.5782 BTC [+]
thepulledstring: we should take bets on if asics drop before the reward half or after
smickles: 'merica, fuck yea! TITS and BEER and pussY and TITS!
smickles: i try not to define myself by something so base as what somet people call the ground i walk on ;)
thepulledstring: i originally thought you were of non-american nationality so I guess it works for you lol
thepulledstring: also thanks for the mini margin, helped me practice trading
smickles: thepulledstring: i still have that btc 'on account' for you
smickles: if i get good at what i'm doing, i'll start giving you a bit of interest
assbot: [MPEX] [S.MPOE] 16700 @ 0.00045552 = 7.6072 BTC [-]
dub: not on the internet it isnt
assbot: [MPEX] [S.MPOE] 18306 @ 0.00045916 = 8.4054 BTC [+]
assbot: [MPEX] [S.MPOE] 4100 @ 0.0004606 = 1.8885 BTC [+]
assbot: [MPEX] [S.MPOE] 6651 @ 0.00045916 = 3.0539 BTC [-]
assbot: [MPEX] [S.MPOE] 36900 @ 0.00045352 = 16.7349 BTC [-]
assbot: [MPEX] [S.MPOE] 5300 @ 0.00045342 = 2.4031 BTC [-]
smickles: mircea_popescu: do STAT and STATJSON have independant 'last hour before last stat's?
smickles: mircea_popescu: it couldn't be :x
rg: i spoiled an active $500 scam today
assbot: [MPEX] [S.MPOE] 9900 @ 0.00045439 = 4.4985 BTC [+]
smickles: mircea_popescu: you have a reddit account now/?S?S!?
smickles: OMG, ! I was your first upvote!
assbot: [MPEX] [S.MPOE] 10500 @ 0.00045342 = 4.7609 BTC [-]
assbot: [MPEX] [S.MPOE] 34201 @ 0.00045313 = 15.4975 BTC [-]
assbot: [MPEX] [S.MPOE] 7608 @ 0.0004523 = 3.4411 BTC [-]
assbot: [MPEX] [S.MPOE] 2591 @ 0.0004522 = 1.1717 BTC [-]
assbot: [MPEX] [S.MPOE] 6200 @ 0.00045439 = 2.8172 BTC [+]
assbot: [MPEX] [S.MPOE] 43100 @ 0.00045556 = 19.6346 BTC [+]
assbot: [MPEX] [S.MPOE] 37300 @ 0.00045601 = 17.0092 BTC [+]
assbot: [MPEX] [S.MPOE] 22749 @ 0.00045856 = 10.4318 BTC [+]
assbot: [MPEX] [S.MPOE] 45300 @ 0.00046009 = 20.8421 BTC [+]
assbot: [MPEX] [S.MPOE] 2127 @ 0.00046084 = 0.9802 BTC [+]
assbot: [MPEX] [S.MPOE] 50100 @ 0.00046124 = 23.1081 BTC [+]
assbot: [MPEX] [S.MPOE] 40300 @ 0.00046243 = 18.6359 BTC [+]
assbot: [MPEX] [S.MPOE] 28800 @ 0.0004629 = 13.3315 BTC [+]
assbot: [MPEX] [S.MPOE] 25200 @ 0.00046303 = 11.6684 BTC [+]
assbot: [MPEX] [S.MPOE] 34918 @ 0.0004633 = 16.1775 BTC [+]
assbot: [MPEX] [S.MPOE] 46000 @ 0.0004633 = 21.3118 BTC [+]
assbot: [MPEX] [S.MPOE] 44800 @ 0.00046437 = 20.8038 BTC [+]
assbot: [MPEX] [S.MPOE] 15157 @ 0.00046468 = 7.0432 BTC [+]
assbot: [MPEX] [S.MPOE] 28488 @ 0.00046593 = 13.2734 BTC [+]
assbot: [MPEX] [S.MPOE] 2412 @ 0.00046606 = 1.1241 BTC [+]
assbot: [MPEX] [S.MPOE] 43033 @ 0.0004662 = 20.062 BTC [+]
assbot: [MPEX] [S.MPOE] 17692 @ 0.00046626 = 8.2491 BTC [+]
assbot: [MPEX] [S.MPOE] 5821 @ 0.00046633 = 2.7145 BTC [+]
assbot: [MPEX] [S.MPOE] 39900 @ 0.00046675 = 18.6233 BTC [+]
assbot: [MPEX] [S.MPOE] 18700 @ 0.00046689 = 8.7308 BTC [+]
assbot: [MPEX] [S.MPOE] 10100 @ 0.00046932 = 4.7401 BTC [+]
assbot: [MPEX] [S.MPOE] 36000 @ 0.00046943 = 16.8995 BTC [+]
assbot: [MPEX] [S.MPOE] 3535 @ 0.00047048 = 1.6631 BTC [+]
assbot: [MPEX] [S.MPOE] 28300 @ 0.00047115 = 13.3335 BTC [+]
assbot: [MPEX] [S.MPOE] 3957 @ 0.00047506 = 1.8798 BTC [+]
assbot: [MPEX] [S.MPOE] 32899 @ 0.00047548 = 15.6428 BTC [+]
assbot: [MPEX] [S.MPOE] 22721 @ 0.0004757 = 10.8084 BTC [+]
assbot: [MPEX] [S.MPOE] 39000 @ 0.00047602 = 18.5648 BTC [+]
assbot: [MPEX] [S.MPOE] 50391 @ 0.00047612 = 23.9922 BTC [+]
assbot: [MPEX] [S.MPOE] 13000 @ 0.00046205 = 6.0067 BTC [-]
assbot: [MPEX] [S.MPOE] 2127 @ 0.00046082 = 0.9802 BTC [-]
EskimoBob: dub: wtf are you blabbering about :) -> "dub | he's always looking for something looser" ???
dub: you seem obsessed with the viscosity of forum participants
assbot: [MPEX] [S.MPOE] 12100 @ 0.00046675 = 5.6477 BTC [+]
assbot: [MPEX] [S.MPOE] 21000 @ 0.00046082 = 9.6772 BTC [-]
assbot: [MPEX] [S.MPOE] 51700 @ 0.00046457 = 24.0183 BTC [+]
assbot: [MPEX] [S.MPOE] 16200 @ 0.00046675 = 7.5614 BTC [+]
assbot: [MPEX] [S.MPOE] 13300 @ 0.00046791 = 6.2232 BTC [+]
assbot: [MPEX] [S.MPOE] 36800 @ 0.00046975 = 17.2868 BTC [+]
dub: that sea like that is not a lot of fun I can tell you
Chaaang-Noi: also the sec investigation seems to be more going after glbse asset listers than pirate
Chaaang-Noi: evidently it just got big when pirate failed and they passed it up to the bigger guy
Chaaang-Noi: but the case started out as anti glbse the case is called "bitcoin securities"
Chaaang-Noi: pirate did not have a security so i thought it was kinda odd the sec was going after him, as all he did was borrow money
Chaaang-Noi: so the sec might have gone after nefario, maybe that is why he shit himself and closed it down
assbot: [MPEX] [S.MPOE] 7473 @ 0.00046082 = 3.4437 BTC [-]
assbot: [MPEX] [S.MPOE] 27200 @ 0.00045916 = 12.4892 BTC [-]
Anduck: Chaaang-Noi: u got banned at bitcointalk?
Chaaang-Noi: "trolling" but it was about glbse stuff and theymos
Chaaang-Noi: theymos wanted to shut me up, so called me a troll and perma banned me with out warning
Chaaang-Noi: he said he might un ban me after the glbse stuff is over... he is just getting rid of people with info about him
Chaaang-Noi: theymos did not like the fact that i told him it was wrong for him to ask people to not send the double payments back to nefario
assbot: [MPEX] [S.MPOE] 40400 @ 0.00045574 = 18.4119 BTC [-]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00045793 = 4.9914 BTC [+]
EskimoBob: Chaaang-Noi: did theymos ever get doxed?
Chaaang-Noi: i dont know about doxed but people ahve tracked him down
Chaaang-Noi: like i dont think anyone has a copy of his passport or anything
Chaaang-Noi: the FBI could get him if they wanted to with no problem
Chaaang-Noi: im not saying the sec will want him but he might be more of a target than pirate
rg: FBI probably already has it
rg: they probably called MtGox and were like ey
rg: you know that business we let you run?
rg: we're going to take the millions of dollars away from you
rg: unless you gve us the info we want
Chaaang-Noi: they already give that info to the DEA on request
Chaaang-Noi: i think its why they "randomly" lock accounts and demand aml docs
assbot: [MPEX] [S.MPOE] 2927 @ 0.00045793 = 1.3404 BTC [+]
assbot: [MPEX] [S.MPOE] 20000 @ 0.00045892 = 9.1784 BTC [+]
assbot: [MPEX] [S.MPOE] 13300 @ 0.00045964 = 6.1132 BTC [+]
assbot: [MPEX] [S.MPOE] 37916 @ 0.00045964 = 17.4277 BTC [+]
knotwork: Chaaang-Noi, check out
http://192.168.2.8:8081 would it be any use for people looking for something browser-based they can use to interact with their shareholders?
knotwork: it is unzip-and-run java app if you use its standlone version which is what I did
knotwork: and has more features than I have had time to explore yet
assbot: [MPEX] [S.MPOE] 1289 @ 0.00045964 = 0.5925 BTC [+]
assbot: [MPEX] [S.MPOE] 20611 @ 0.00045955 = 9.4718 BTC [-]
assbot: [MPEX] [S.MPOE] 28623 @ 0.00045955 = 13.1537 BTC [-]
assbot: [MPEX] [S.DICE] 10 @ 0.00339944 = 0.034 BTC [+]
Diablo-D3: Chaaang-Noi: so theymos banned you
Chaaang-Noi: the posts questioning theymos were deleated, i dont know by whom
Chaaang-Noi: oh well.. i just pointed out things he did...
Chaaang-Noi: also despite people saying i was warned i was not
veemirc: that's a pretty pathetic way to get rid of opposition
Chaaang-Noi: i just pointed out that theymos telling people to not send nefario the double payments back was wrong
Diablo-D3: well, I doubt Im ever going to get the shareholder info
Chaaang-Noi: and that givng theymos a scammers tag for abusing the stock holders in glbse global was wrong cuz they had a vote and nefario won over 50% to ahve it shut down
Chaaang-Noi: i said nefario was a scammer but for differnt reasons
Chaaang-Noi: also found out some bad news for him and other about the SEC investigation
Chaaang-Noi: seems the investigation started in april, before the PPTs
Chaaang-Noi: i dont think pirate was their org goal and still might not be
Chaaang-Noi: glbse, its owers and asset issuers i think are the real targets
assbot: [MPEX] [S.MPOE] 36100 @ 0.00046203 = 16.6793 BTC [+]
Chaaang-Noi: theymos as on record as saying he thought it was a ponzi and then asking people to list ppts on glbse makes him open to a lot of shit
Chaaang-Noi: i hope the sec does not do anything but i wouldnot be shocked if theymos and all communication from the forum is requested
Chaaang-Noi: its seems the SEC investigation got much bigger when pirate had his fail and then they moved it up to the big guy now
Chaaang-Noi: he did not start it, he took over about a month ago
veemirc: well it sucks that we will hardly get the information about stockholders to the companies
Chaaang-Noi: im starting to think some people might be working with the SEC at this point. theymos might ahve been right about nefario
veemirc: I for example have some ASICMINER shares and I would really like them to release the information that I have it to the company...
Chaaang-Noi: im pretty sure the SEC has already called in some glbse customers to be on the record
veemirc: Everyone says that Nefario seemed like a cool guy in the London conference
veemirc: I just think that he's scared because of the investigation
Chaaang-Noi: i think nefario shit himself when he realized that the feds wanted to rape him...
veemirc: and to tell the truth, who wouldn't :)
Chaaang-Noi: i think he is in "do what ever it takes to not go to jail" mode
Chaaang-Noi: and that might be work with the sec/fsa/fbi
Chaaang-Noi: who the fuck knows what they are investigating.. nefario never did aml stuff like he should asve
Chaaang-Noi: i wonder if the dea found out silkroad or what not was using it to wash coins.
Chaaang-Noi: im sure some of the sellers are govt but i doubt the whole thing is
Chaaang-Noi: anyway im not 100% sure on my intel about the sec investigation but i think its right
Chaaang-Noi: also i do know the sec plans to pass on what they collect to differnt agancies if they find other "crimes"
Chaaang-Noi: everyone who is an american and gave id to nefario and listed an asset, id get a lawyer...
assbot: [MPEX] [S.MPOE] 3821 @ 0.00045955 = 1.7559 BTC [-]
iz: maybe you mean FBI op?
assbot: [MPEX] [O.BTCUSD.P100N] 5 @ 0.22915118 = 1.1458 BTC [-]
assbot: [MPEX] [S.MPOE] 56 @ 0.00045955 = 0.0257 BTC [-]
assbot: [MPEX] [S.MPOE] 35808 @ 0.00045846 = 16.4165 BTC [-]
assbot: [MPEX] [S.MPOE] 2400 @ 0.00045767 = 1.0984 BTC [-]
mircea_popescu: <veemirc> I just think that he's scared because of the investigation <<< what investigation ?
gribble: BTCUSD ticker | Best bid: 10.49001, Best ask: 10.50000, Bid-ask spread: 0.00999, Last trade: 10.50000, 24 hour volume: 42463.24041426, 24 hour low: 10.32090, 24 hour high: 10.95000, 24 hour vwap: 10.66583
veemirc: mircea_popescu: well it has been written time and again that there is some police investigation on GLBSE
veemirc: no one really knows what's going on since Nefario supposedly can't give any information about it
mircea_popescu: it's been written time and time again that there is an african ex general guy with millions or w/e
veemirc: so I was saying that he does all this stupid crap because he's scared of the police
Chaang-Noi: passed it up to the current guy a month or so ago once pirate failed and shit got big
veemirc: watch out we have Varis here :D
Chaang-Noi: however it should be pretty damn clear to everyone that there is a real SEC investigation
Chaang-Noi: some of the details are clouded i will agree but to think there is not a real investigation is silly.
assbot: [MPEX] [S.MPOE] 14100 @ 0.00045594 = 6.4288 BTC [-]
assbot: [MPEX] [S.MPOE] 12700 @ 0.00045574 = 5.7879 BTC [-]
assbot: [MPEX] [S.MPOE] 18600 @ 0.00045563 = 8.4747 BTC [-]
mircea_popescu: last i heard the guy was trying to discern if there's enough material to START an investigation.
B0g4r7: The only convincing evidence I've seen is that email from the Mustakis guy saying that he was looking into BS&T.
assbot: [MPEX] [S.MPOE] 1236 @ 0.00045626 = 0.5639 BTC [+]
assbot: [MPEX] [S.MPOE] 16000 @ 0.00046203 = 7.3925 BTC [+]
assbot: [MPEX] [S.MPOE] 8800 @ 0.00046406 = 4.0837 BTC [+]
assbot: [MPEX] [S.MPOE] 5300 @ 0.00046447 = 2.4617 BTC [+]
assbot: [MPEX] [S.MPOE] 20400 @ 0.00046813 = 9.5499 BTC [+]
assbot: [MPEX] [S.MPOE] 14200 @ 0.00046975 = 6.6705 BTC [+]
assbot: [MPEX] [S.MPOE] 4064 @ 0.00047019 = 1.9109 BTC [+]
Chaang-Noi: we have differnt ideas about what an investigation is
Chaang-Noi: the first interview they took was in april, or the first one i could track down
Chaang-Noi: they are still collecting data/evidance
veemirc: well I'm just hoping that there will be another assets website soon, because bitcoin world needs a good assets exchange system
Chaang-Noi: they might also pass it on to a differnt govt agancy if its not the SEc department
mircea_popescu: listen, these are terms of art. charging belongs in penal proceedings. an investigation is a civil matter.
mircea_popescu: nevertheless, it's formalised. some guy asking questions is not equal to an investigation.
mircea_popescu: veemirc you know glbse was pretty much irrelevant to that topic since about spring.
veemirc: well I heard that you have to pay high fees on MPEX
Chaang-Noi: well they are collecting data and have been for some time. they ahve also used spphenas to collect testimony...
veemirc: so it's not a website that I would like to join...
mircea_popescu: then again, there's coinbr.com, individual brokers etc.
B0g4r7: They trade among ppl who can deal with mpex.
mircea_popescu: well i thought we were discussing btc and assets, not you.
veemirc: that's not good enough, I want to be able to trade myself, like in GLBSE
Chaang-Noi: some one i know has claimed they were, and they know of one other
Chaang-Noi: im going to guess its related to the peter lambert thing
Chaang-Noi: iv been asking a lot of people and collecting a lot of evidance about this. something is going on
Chaang-Noi: im not saying they will ever make a case but something is going on...
mircea_popescu: i don't see why anyone (other than patent scammers, thieves and general scum) need to be much worried.
Chaang-Noi: the SEC is wondering if the PPTs were working with pirate and knew about the scam
Chaang-Noi: i kinda doubt any of them are but all the PPTs are targets, and so are the glbse owners like theymos who asked people on the forum to make PPTs on GLBSE a company he owened part of
Chaang-Noi: theymos said in public he thought it was a scam but wanted to profit anyway
veemirc: mircea_popescu: i mean I want to login into a website and buy and sell my shares, not do it through a broker
Chaang-Noi: i dont know how hard the SEC will look into this but they are
mircea_popescu: Chaang-Noi people were warned back in spring the ppts are bs.
mircea_popescu: but meh, forum people always know better than everyone.
Chaang-Noi: well i did not know it was a scam (and still have no proof it was) but thought might as well let people do what they want, esp since theymos asked for it
Chaang-Noi: had no idea the sec might have thought it was a crime
Chaang-Noi: also about Ver, thats crazy he got 8 months in fed jail for that... 100,000 sold and shipped in the usa and he was the only one jailed
veemirc: I dont want a broker, but thanks anyway
assbot: [MPEX] [S.MPOE] 24063 @ 0.00045895 = 11.0437 BTC [-]
assbot: [MPEX] [S.MPOE] 19400 @ 0.00046022 = 8.9283 BTC [+]
assbot: [MPEX] [S.MPOE] 22200 @ 0.00046236 = 10.2644 BTC [+]
mod6: double-clicking the mouse
thestringpuller: oh sorry mumbling to self. i will elaborate when not driving
mircea_popescu: “Bout to do some looting when this hurricane finally hits….gonna get a new laptop and tv…this hurricane might be the best thing to happen.”
assbot: [MPEX] [S.MPOE] 1200 @ 0.00046384 = 0.5566 BTC [+]
assbot: [MPEX] [S.MPOE] 8000 @ 0.00046287 = 3.703 BTC [-]
assbot: [MPEX] [S.MPOE] 19500 @ 0.00046104 = 8.9903 BTC [-]
assbot: [MPEX] [S.MPOE] 18545 @ 0.00046104 = 8.55 BTC [-]
assbot: [MPEX] [S.MPOE] 5749 @ 0.00045983 = 2.6436 BTC [-]
gribble: BTCUSD ticker | Best bid: 10.53001, Best ask: 10.57104, Bid-ask spread: 0.04103, Last trade: 10.53000, 24 hour volume: 43190.10348393, 24 hour low: 10.32090, 24 hour high: 10.95000, 24 hour vwap: 10.66457
gribble: BTCUSD ticker | Best bid: 10.53001, Best ask: 10.57104, Bid-ask spread: 0.04103, Last trade: 10.53000, 24 hour volume: 43189.69960579, 24 hour low: 10.32090, 24 hour high: 10.95000, 24 hour vwap: 10.66457
gribble: BTCUSD ticker | Best bid: 10.53001, Best ask: 10.57104, Bid-ask spread: 0.04103, Last trade: 10.53000, 24 hour volume: 43189.69960579, 24 hour low: 10.32090, 24 hour high: 10.95000, 24 hour vwap: 10.66457
assbot: [MPEX:S.DICE] 1day: 0.00339944 / 0.00339944 / 0.00339944 (10 shares, 0.03 BTC), 30day: 0.0001 / 0.00293552 / 0.0034 (1795889 shares, 5,271.88 BTC)
assbot: [MPEX] [S.MPOE] 13700 @ 0.00045983 = 6.2997 BTC [-]
assbot: [MPEX] [S.MPOE] 21231 @ 0.00046311 = 9.8323 BTC [+]
mircea_popescu: On one bright and pleasant morning His uncle thought it would be nice To take his dear little nephew Down to play upon a raft Where he was to work upon it, An this little child would company be - The raft the water[i] rushed around it, Yet he the danger did not see[k]. This little child knew no danger – Its little soul was free from sin – He was looking in the water, When, alas, this child fell in.
assbot: [MPEX] [S.MPOE] 14914 @ 0.00045983 = 6.8579 BTC [-]
smickles: we'll see, i think /r/funny has a high turnover rate
smickles: so it could be hit-or-miss as to whether or not it even gets noticed really
assbot: [MPEX] [S.MPOE] 500 @ 0.00046158 = 0.2308 BTC [+]
mircea_popescu: since memes nobody really understands cultural references anymore. at least not of the useless young crowd.
assbot: [MPEX] [S.MPOE] 500 @ 0.00046158 = 0.2308 BTC [+]
mod6: tucson does have some young parents.
smickles: oh yeah, i'm not in th midwest anymore
mod6: i was sitting in the ER @ UMC this one day, and these kids had a baby who was like, coudln't have been more than 5 months old, maybe 8?
mod6: hardly had 3 teeth in its mouth -- had the flu, fever, all the junk -- these "parents" were feeding the kid french fries from McD's
smickles: woah, that's an awesome pic mircea_popescu
mod6: all the while the kid screamed.
mircea_popescu: i think i might have finally gotten to the bottom of the child porn aggitations
mod6: hah, just some wild stuff i'd seen while there. it was like, "o the kid is sick?! flu, fever, shits? GET HIM A HAPPY MEAL!"
smickles: i do like the feel of mcd's when i'm hungover
smickles: it's gotta be the same for a kid with the flu and the shits
mod6: i love tucson though
mod6: i hate to talk any shit
mod6: but anyway, some of the "parents" there are just children themselvs.
smickles: well, i don't mind shittalking parents who are likely shortening their kids life like that
mod6: i just see stuff like that and think "ugh, that kid will be a diabetes amputee in like 18 years."
mod6: haha. oh well. its a brave new world out there.
mod6: GIVE ME MY CHICKEN NUGGETS!
smickles: we just gotta last until the singularity
mod6: gotta find youself a hide out spot on Mt. Lemmon or in the Chiricahua's like Geronimo
mod6: have you gone to Nogales yet?
smickles: nope, we actually just finished unpacking
smickles: this place is smaller than the place we were at before
smickles: cash only, 2 usd gets you a mini-pitcher of pbr
mod6: I used to hang @ the tap-room quite a bit
smickles: we went from a 1600 ft² place to a 100 ft² place
mod6: sounds like my place on Grant & Alvernon
smickles: glenn is the next street up, i think
smickles: so the sun goes down and a million university girls start running around
mod6: i don't live there anymore, but I'm STILL the mayor.
smickles: i sleep about 6 hours a day, maybe
smickles: hopefully this other client is better
smickles: mircea_popescu: the down are probably fake
mod6: If you wanna try a good pizza, try Zachery's Pizza @ the UofA -- total hole in the wall, but good pizza & beer.
smickles: reddeit has a system to hide votes so people don't game it somehow
mod6: bah, long url sorry.
smickles: mircea_popescu: it pops in fake votes that don't count so that people don't just vote on what is popular, or something like that
smickles: if you really want to know, it's open source, go look at the code
mod6: lol shit, it says "This place has closed or moved."
smickles: mod6: if it's still in business, i'll find it
mod6: smickles: im gonna call 'em, and find out.
mod6: WOW phone number is disconned lol
mod6: well, so much for that
mircea_popescu: mod6 so since you left all the girls are gone and the places are all closed up ?
assbot: [MPEX] [S.MPOE] 20700 @ 0.00046158 = 9.5547 BTC [+]
mod6: i left in the summer of 09 -- Had enough working nights at walmart.
mod6: fucking bryan adams
mod6: but yeah, I worked at that IBM down there in Rita Ranch
mod6: then the crash came...
mod6: then everyone lost their jobs... so mod6 took a night cashier job on the east side
mod6: anyway, after 9 months of that bullshit, i decided to leave tucson for a better job :(
mod6: it was a horrible time to be looking for a job then.
mod6: well... it depends on the location really.
mod6: there are TONS of jobs for exp. programmers out there now
mod6: but at the time of the crash, if anyone had a job, and made it past the budget cuts, they weren't moving out of them so it was a really hard thing to find new positions at the time.
mod6: but i moved back to minneapolis and found a good software gig in 2 months.
mod6: tucson doesn't have much in IT except IBM or Raytheon (which requires Top Secret Clearence)
mod6: there is TI too, but its a small outfit there.
mod6: thestringpuller: haha, werd.
mod6: i have no business trying to rap.
mod6: but i like rap very much, dre/eazy-e/snoop/jeezy
mod6: but im mostly into punk music i think.
mircea_popescu: busty girl beatboxes while taking off her clothes and then proceeds to peg haples whiteboys in the audience with her monstruous pink strap-on
gribble: BTCUSD ticker | Best bid: 10.56616, Best ask: 10.63899, Bid-ask spread: 0.07283, Last trade: 10.64900, 24 hour volume: 45833.02822306, 24 hour low: 10.32090, 24 hour high: 10.95000, 24 hour vwap: 10.66578
assbot: [MPEX] [S.MPOE] 29377 @ 0.00046311 = 13.6048 BTC [+]
assbot: [MPEX] [S.MPOE] 2300 @ 0.00046384 = 1.0668 BTC [+]
assbot: [MPEX] [S.MPOE] 11023 @ 0.00046641 = 5.1412 BTC [+]
assbot: [MPEX] [S.MPOE] 5939 @ 0.00046641 = 2.77 BTC [+]
jurov: lol, ECB fears that bitcoin incidents can have negative impact to its reputation
mircea_popescu: "Although in practical terms virtual currency schemes are only an evolution, from a conceptual
mircea_popescu: point of view they do present substantial changes when compared to real currencies and payment
mircea_popescu: "do indeed fall within central banks’ responsibility as a result of characteristics shared with
mircea_popescu: payment systems, which give rise to the need for at least an examination of developments and the provision of an initial assessment."
mircea_popescu: the ecb needs a license from me to pursue any activity in the btc space.
jurov: did you already issue some licenses? to whom?
jurov: you should have told nefario... if he wants to be regulated, you can do it
jurov: tell mpoe-pr to write to btctalk: "Mircea Popescu now offers proper regulationary oversight to btc activities"
assbot: [MPEX] [S.MPOE] 26800 @ 0.00046641 = 12.4998 BTC [+]
mircea_popescu: as bitcoin develops and the uselessness of their scrip will become more and more apparent
mircea_popescu: the uninformed public will for sure frame it as "central banks aren't doing enough!!11"
assbot: [MPEX] [S.MPOE] 27500 @ 0.00046602 = 12.8156 BTC [-]
knotwork: micrea there is something to do: mine coins! central banks aren't mining enough!
assbot: [MPEX] [S.MPOE] 22600 @ 0.00046602 = 10.5321 BTC [-]
mircea_popescu: as long as the block keep coming 6 an hour i think there's enough mining
drekk: tits or nobody cares
Lyspooner: hi, i just finished the ecb report on virtual currencies
Lyspooner: there are some continuity issues with Linden Dollars thrown in
Lyspooner: oh i see. does gender surgery allow one to pay dividends in bitcoins?
drekk: mircea_popescu, to pay you back in tits. q.e.d.
drekk: (i'll continue stfu now)
kuzetsa:
http://goo.gl/zJBdq --- 16,000-square-mile (41,000 km2) urban area that is 26 times larger geographically than Greater London, or about the same size as the Netherlands, with a population of over 56 million (not including Hong Kong or Macau)...
kuzetsa: ...compared to the combined statistical area for NYC which is only 22 million people. I spend most of my life living in or on the edge of louisville's combined statistical area, which is only aprox 1.45 million people (seems that buffalo is only 1.2 million)
kuzetsa: full-blown natural disaster in guangzhou china would make this east coast storm look rather trivial.
mircea_popescu: they don't have a bunch of jewish princesses lined up in guangzhou
kuzetsa: yeah uh... I live a couple hours south of buffalo with various "upstate rednecks" as neigbours. whee!
kuzetsa: mircea_popescu: I don't understand. israel isn't structured in such a way as to have a royal family / nobles / prince and princess I didn't think.
Lyspooner: kuzesta i believe he said that there are no jewish princesses lined up in guangzhou. such a statement should appear true to you
kuzetsa: ethnic slurs confuse me for the most part
kuzetsa: I don't wish to do any further reading on the matter.
assbot: [MPEX] [S.MPOE] 5601 @ 0.00046353 = 2.5962 BTC [-]
pigeons: kuzetsa looks like a starving armenian
dub: expecting 11ft above normal surge
dub: I like to think of myself being as genetically removed from Luke-Jr as possible
kuzetsa: pigeons: "starving armenian" ???
mircea_popescu: dub congratulations, you're a short girl with buckteeth and freckles.
kuzetsa: mircea_popescu: shut up plskthx. you're sucking up my chatlogs.
mircea_popescu: kuzetsa are you stupid naturally or does it take some particular effort ?
assbot: [MPEX] [S.MPOE] 21285 @ 0.00046329 = 9.8611 BTC [-]
assbot: [MPEX] [S.MPOE] 10115 @ 0.00046299 = 4.6831 BTC [-]
mod6: round the prickly pear we go again
assbot: [MPEX] [S.MPOE] 18100 @ 0.00046311 = 8.3823 BTC [+]
assbot: [MPEX] [S.MPOE] 8400 @ 0.00046299 = 3.8891 BTC [-]
assbot: [MPEX] [S.MPOE] 17300 @ 0.00046311 = 8.0118 BTC [+]
assbot: [MPEX] [S.MPOE] 2399 @ 0.00046353 = 1.112 BTC [+]
assbot: [MPEX] [S.MPOE] 4538 @ 0.00046641 = 2.1166 BTC [+]
assbot: [MPEX] [S.MPOE] 23336 @ 0.00047019 = 10.9724 BTC [+]
assbot: [MPEX] [S.MPOE] 6800 @ 0.00047139 = 3.2055 BTC [+]
assbot: [MPEX] [S.MPOE] 28500 @ 0.00047292 = 13.4782 BTC [+]
assbot: [MPEX] [S.MPOE] 24265 @ 0.00047519 = 11.5305 BTC [+]
assbot: [MPEX] [S.MPOE] 1409 @ 0.00047612 = 0.6709 BTC [+]
assbot: [MPEX] [S.MPOE] 24923 @ 0.00047661 = 11.8786 BTC [+]
assbot: [MPEX] [S.MPOE] 12920 @ 0.00047714 = 6.1646 BTC [+]
assbot: [MPEX] [S.MPOE] 6100 @ 0.00047769 = 2.9139 BTC [+]
assbot: [MPEX] [S.MPOE] 6867 @ 0.00047907 = 3.2898 BTC [+]
assbot: [MPEX] [S.MPOE] 43200 @ 0.00047955 = 20.7166 BTC [+]
assbot: [MPEX] [S.MPOE] 17443 @ 0.00047992 = 8.3712 BTC [+]
assbot: [MPEX] [S.MPOE] 18000 @ 0.00047264 = 8.5075 BTC [-]
assbot: [MPEX] [S.MPOE] 12800 @ 0.00047992 = 6.143 BTC [+]
assbot: [MPEX] [S.MPOE] 14400 @ 0.00046842 = 6.7452 BTC [-]
assbot: [MPEX] [S.MPOE] 93 @ 0.00046842 = 0.0436 BTC [-]
assbot: [MPEX] [S.MPOE] 47300 @ 0.00046515 = 22.0016 BTC [-]
assbot: [MPEX] [S.MPOE] 49000 @ 0.00046343 = 22.7081 BTC [-]
assbot: [MPEX] [S.MPOE] 22012 @ 0.00046288 = 10.1889 BTC [+]
assbot: [MPEX] [S.MPOE] 22888 @ 0.00046217 = 10.5781 BTC [-]
assbot: [MPEX] [S.MPOE] 23612 @ 0.00046217 = 10.9128 BTC [-]
assbot: [MPEX] [S.MPOE] 12871 @ 0.00045958 = 5.9153 BTC [-]
assbot: [MPEX] [S.MPOE] 10917 @ 0.00045951 = 5.0165 BTC [-]
veemirc: everyone except for everyone here
assbot: [MPEX] [S.MPOE] 13224 @ 0.00045951 = 6.0766 BTC [-]
assbot: [MPEX] [S.MPOE] 27176 @ 0.00045944 = 12.4857 BTC [-]
assbot: [MPEX] [S.MPOE] 7624 @ 0.00046374 = 3.5356 BTC [+]
assbot: [MPEX] [S.MPOE] 34076 @ 0.00046378 = 15.8038 BTC [+]
assbot: [MPEX] [S.MPOE] 8100 @ 0.00046378 = 3.7566 BTC [+]
assbot: [MPEX] [S.MPOE] 28600 @ 0.00046395 = 13.269 BTC [+]
assbot: [MPEX] [S.MPOE] 607 @ 0.00046409 = 0.2817 BTC [+]
assbot: [MPEX] [S.MPOE] 1100 @ 0.0004642 = 0.5106 BTC [+]
assbot: [MPEX] [S.MPOE] 893 @ 0.0004664 = 0.4165 BTC [+]
assbot: [MPEX] [S.MPOE] 7733 @ 0.00045944 = 3.5528 BTC [-]
assbot: [MPEX] [S.MPOE] 25459 @ 0.00045899 = 11.6854 BTC [-]
assbot: [MPEX] [S.MPOE] 26454 @ 0.00046311 = 12.2511 BTC [+]
assbot: [MPEX] [S.MPOE] 4909 @ 0.00045937 = 2.255 BTC [-]
assbot: [MPEX] [S.MPOE] 41 @ 0.00045899 = 0.0188 BTC [-]
assbot: [MPEX] [S.MPOE] 7747 @ 0.00045891 = 3.5552 BTC [-]
assbot: [MPEX] [S.MPOE] 8709 @ 0.00045888 = 3.9964 BTC [-]
assbot: [MPEX] [S.MPOE] 16800 @ 0.00045881 = 7.708 BTC [-]
assbot: [MPEX] [S.MPOE] 17103 @ 0.00045872 = 7.8455 BTC [-]
Chaang-Noi: was there an anoused delay with bfl or something?
assbot: [MPEX] [S.MPOE] 14997 @ 0.00045872 = 6.8794 BTC [-]
assbot: [MPEX] [S.MPOE] 7385 @ 0.00045845 = 3.3857 BTC [-]
assbot: [MPEX] [S.MPOE] 10700 @ 0.00045845 = 4.9054 BTC [-]
EskimoBob: NY area had similar shit going on in August?
jurov: so, do they have sharks inside every time?
EskimoBob: poor shark, I hope he can get back to his real home alive
assbot: [MPEX] [S.MPOE] 13491 @ 0.00045845 = 6.1849 BTC [-]
assbot: [MPEX] [S.MPOE] 22024 @ 0.00045845 = 10.0969 BTC [-]
assbot: [MPEX] [S.MPOE] 21976 @ 0.00045842 = 10.0742 BTC [-]
assbot: [MPEX] [S.MPOE] 35502 @ 0.00045937 = 16.3086 BTC [+]
OneMiner: EskimoBob it's the 13' storm surge. Massive low pressure zone that raises the ocean level under the storm.
OneMiner: Something like a slow tsunami.
dub: not sure about low pressure raising ocean
dub: high tide + full moon + wind driven surge
dub: pressure is going to need to be a LOT lower for water to have lower gravity than air
dub: whats the death toll at anyway?
gigavps: dub lower pressure is part of the reason for elevated tide
dub: I'd say if it is a part its a functionally imperceptable part
OneMiner: Ya, it plays a part in it. There's more than one reason it's so high, that's true.
dub: as in a part so small it cannot be measured
Chaang-Noi: hey gigavps has bfl delayed their asics?
gigavps: Chaang-Noi did you buy some?
Chaang-Noi: last i heard was late nov, but now im hearing next year, but i highly suspect its fud
Chaang-Noi: no, i invested in a differnt operation
gigavps: December is what was in their last release to btc mag
gigavps: Chaang-Noi invested in an operation?
gigavps: how is asic mining coming?
Chaang-Noi: as you know, who gets their first gets awesome pay:)
dub: 10mm of ocean for every millibar
Chaang-Noi: they say they should be mining end of nov if all goes well
gigavps: "scheduled to be released in late November or December."
Chaang-Noi: scheduled hmm, inaba was saying things could go wrong cuz they are not making the stuff
Chaang-Noi: asic miner might make it just before the drop
gigavps: Chaang-Noi they have a foundry making the chips
dub: OneMiner: yeah up to 500mm looking at one sensor in nyc
gigavps: no one will make it before the drop
gigavps: if you haven't done your calculations with 25 btc blocks, you shouldn't be mining
assbot: [MPEX] [S.MPOE] 10054 @ 0.00045937 = 4.6185 BTC [+]
assbot: [MPEX] [S.MPOE] 1727 @ 0.00046064 = 0.7955 BTC [+]
assbot: [MPEX] [S.MPOE] 847 @ 0.00046311 = 0.3923 BTC [+]
assbot: [MPEX] [S.MPOE] 22000 @ 0.00046425 = 10.2135 BTC [+]
OneMiner: dub ya, it's the wind that pushes it up the most.
assbot: [MPEX] [S.MPOE] 1600 @ 0.00046599 = 0.7456 BTC [+]
Chaang-Noi: they are shotting for end of nev for asic miner
dub: I saw a retarded kid at the mall?
OneMiner: Reward drop dosen't matter with ASICs. One week of double reward won't matter over the lifetime of the hardware.
thestringpuller: OneMiner: you're forgetting about the overall deflation + double reward
gigavps: EskimoBob what did he say and when?
gigavps: thestringpuller no asics will hit before then
Chaang-Noi: asic miner said before the end of Nov.. so even if they do hit it, it wont be much, but it will be 1/4 of the current network
thestringpuller: gigavps: exactly so the point is moot, you will have to wait for the coins to deflate before it is truly worth it after reward drop
OneMiner: thestringpuller sill, even if they release the ASICs sooner that will just cause the difficulty to go up sooner. Being first is important, reward drop isn't so much.
EskimoBob: We had a friendly short chat and I asked him to write a short post about the progress. Hi kept is word and updated the blog. When sending out the BTC is completed, he will contact the issuers and start clearing up that mess
gigavps: EskimoBob the site is now down
Chaang-Noi: yeah in asics being first is key, and how much first is key... being 1/4 of the net work while the second place asic guy takes 2 more months... well that would be epic
gigavps: EskimoBob nefario is no longer answering his phone
dub: EskimoBob: did you complain about his lack of tightness?
EskimoBob: dub: "tightness"? what are you talking about?
gigavps: i'm starting to get worried that nefario is going to pull a runner
Chaang-Noi: yeah.. i have been wondering for a while too giga
dub: EskimoBob: your pet hate!
rg: why not run a month ago
dub: EskimoBob: you're always complaining about how loose everyone is
jurov: like, nef will run with your precious shares?
jurov: and sell them on silk road?
Chaang-Noi: i think it might be that nefario was living off of user funds and does not have enough to pay everyone back... so fake a double payment and fail... this is speculation/FUD
EskimoBob: dub: you make no sense. Where did I do that?
dub: EskimoBob: all over the forum, this person is looser that person is looser.. is anyone tight enough for you?
EskimoBob: dub: looser.. hmm. I must be making same typo over and over again :) "loser"
dub: ah.. that makes more sense
Chaang-Noi: what happens if you send email to support at glbse does it bounce back?
EskimoBob: dub: your overstatement of "all over the forum" is on a feminine side. Only 3 posts :)
dub: must be the sleep deprivation
Chaang-Noi: at first i thought the site being down means nothing as he can still pay out, but then i thought, i bet not everyone has made claims...
Diablo-D3: I think Im going to put a notice in the DMC thread
EskimoBob: dub: I think you have been talking about this "looser" thing for days now. Get some sleep :)
Diablo-D3: if you dont make a claim by the time the information is released, you forfeit your shares
Chaang-Noi: Diablo-D3 cant do that cuz its not in your contract, also GLBSE is down so people cant amke a claim
EskimoBob: for some reason I think that the next huge fiasco is related to s.dice
Chaang-Noi: them scaming and stealing or govt shutting them down?
Diablo-D3: Chaang-Noi: dude, glbse being shutdown isnt in my contract
Diablo-D3: the end of the world quickly approaching isnt in my contract
gigavps: EskimoBob s.dice has been losing big the last couple of days
gigavps: sorry, meant the satoshidice.com
Diablo-D3: the law draws a line somewhere damnit
Chaang-Noi: i know diablo-d3 but you cant make it worse by making shit up. stick to the contract
Diablo-D3: Chaang-Noi: yeah well, I cant do shit until btcmc, asicminer, and btc-mining does something
Chaang-Noi: dont go around saying you will do shit when you cant
Chaang-Noi: maybe someone found how to cheat s.dice giga?
gigavps: lol, i've won over 1k coins on that site now
EskimoBob: Diablo-D3: what law? It a fkn half ass anonymous internet cesspool and this amateurish copy/paste legaleese crap ain't helping
Diablo-D3: EskimoBob: I think you missed the point.
EskimoBob: how do you play s.dice? I never used it
gigavps: Chaang-Noi according to smoothie, you are the "fail captain"
Chaang-Noi: he is wrong.. i king of fail... just wait until the SEC jails my ass
assbot: [MPEX] [S.MPOE] 20355 @ 0.00046621 = 9.4897 BTC [+]
OneMiner: How can you tell if satoshidice is winning or loosing? Do you track that yourself gigavps?
EskimoBob: Chaang-Noi: pay me back my PPT's you sold me and then you can go and have your fun in jail
gigavps: Chaang-Noi is taking the most conservative view on the matter, but it is a correct view
Chaang-Noi: i lost more on lawyers than statishi dice...
EskimoBob: Chaang-Noi: what broker? There was no broker involved
Chaang-Noi: cuz you saying i sold you something is lol
EskimoBob: what are those "lessthan" in sdice?
Chaang-Noi: and i never sent you anything back either
OneMiner: Almost -700BTC on 14.7kBTC of wagers. That's pretty bad for SD... wow, that's nearly 5%!
Chaang-Noi: thank fuck the real world law works liek this...
EskimoBob: but 14K is nothing compared what they have made
EskimoBob: sending BTC just reminded me that long gone usagi was asking for 200+ BTC and promised massive return. Did any of you got your coins back?
Chaang-Noi: i asked for it back cuz things just did not smeel right
Chaang-Noi: he said no and i said fine id just sell the debt on the open market and see what i got
EskimoBob: I almost sent that fucker some coin but he went crazy before that
Chaang-Noi: yeah s/he going crazy and the odd council with nefario and everything
EskimoBob: Chaang-Noi: dude, you probably got lucky
Chaang-Noi: but still im so far down 200 seems like nothing
veemirc: half of people in BTC business are scammers
Chaang-Noi: glad i sold my gigabonds to buy asic miner.. oh wait.. glbse faill but wait, does not even mater cuz nefario stole my account, lulz
assbot: [MPEX] [S.MPOE] 9572 @ 0.00046601 = 4.4606 BTC [-]
rg: i actually had a question for chang
Diablo-D3: a video game to end all video games
Diablo-D3: internal world currency? bitcoins.
jurov: rg, i still have that ipv6 question for you
Diablo-D3: ha ha imagine monopoly with bitcoins
jurov: hehe... only that there will be no jail
jurov: Diablo-D3, they already made some ubergame with devcoins
jurov: i'll look into in after i retire perhaps
jurov: yes. what kind of data exactly?
kakobrekla: [15:22:05] happyworld: i want to ask is there good PHP programer
kakobrekla: [16:41:57] happyworld: i want to make site for bitcoin trading
kakobrekla: [16:42:30] Diler.si: what kind of bitcoin trading site
kakobrekla: [16:43:07] happyworld: margain trading as Bitcoinica
kakobrekla: [16:43:49] happyworld: i want it secure
kakobrekla: [16:43:58] happyworld: margain trading
Diablo-D3: you know, I never did get any devcoins
jurov: thestringpuller, no, i'm saving only mpex trades, not anything usd-related
jurov: maybe there's mtgox or bitcoincharts or clarkmoody api for such
assbot: [MPEX] [S.MPOE] 4028 @ 0.00046212 = 1.8614 BTC [-]
assbot: [MPEX] [S.MPOE] 18245 @ 0.00046621 = 8.506 BTC [+]
assbot: [MPEX] [S.MPOE] 12110 @ 0.0004664 = 5.6481 BTC [+]
assbot: [MPEX] [S.MPOE] 2517 @ 0.00046708 = 1.1756 BTC [+]
assbot: [MPEX] [O.BTCUSD.P120T] 2 @ 0.23363707 = 0.4673 BTC [-]
assbot: [MPEX] [O.BTCUSD.P110T] 2 @ 0.18264825 = 0.3653 BTC [-]
assbot: [MPEX] [O.BTCUSD.P100T] 2 @ 0.13841608 = 0.2768 BTC [+]
jurov: thestringpuller, did that help?
jurov: if you need only last hour txs, you can fetch rss directly form mpex
assbot: [MPEX] [S.MPOE] 4000 @ 0.000461 = 1.844 BTC [-]
assbot: [MPEX] [S.MPOE] 32536 @ 0.00046099 = 14.9988 BTC [-]
assbot: [MPEX] [S.MPOE] 564 @ 0.00046031 = 0.2596 BTC [-]
assbot: [MPEX] [S.MPOE] 20936 @ 0.00046228 = 9.6783 BTC [+]
kakobrekla: wait was it was the correct link the first time
jurov: why? you wanted a slot too?
assbot: [MPEX] [S.MPOE] 33784 @ 0.00046029 = 15.5504 BTC [-]
assbot: [MPEX] [S.MPOE] 8916 @ 0.00045957 = 4.0975 BTC [-]
assbot: [MPEX] [S.MPOE] 2200 @ 0.00046228 = 1.017 BTC [+]
assbot: [MPEX] [S.MPOE] 5918 @ 0.00045957 = 2.7197 BTC [-]
assbot: [MPEX] [S.MPOE] 39400 @ 0.00045857 = 18.0677 BTC [-]
thestringpuller: also sorry about passing out before we could start a monopoly game we can try again tonight
dub: theymos must be making some srs coin in this 'new forum software' scam
assbot: [MPEX] [S.MPOE] 7400 @ 0.00045857 = 3.3934 BTC [-]
assbot: [MPEX] [S.MPOE] 1800 @ 0.00045842 = 0.8252 BTC [-]
jurov: ;;calc 4*21 + 4*20
jurov: i can add "since" parameter .. but am not inclined to blow my data cap by supplying too much
jurov: or maybe i can provide such only for registered users
smickles: thestringpuller: np about monopoly, we'll play another time
smickles: also, are you sure you sent that pm to me?
assbot: [MPEX] [S.MPOE] 7582 @ 0.00045938 = 3.483 BTC [+]
assbot: [MPEX] [S.MPOE] 17264 @ 0.00046228 = 7.9808 BTC [+]
assbot: [MPEX] [S.MPOE] 2300 @ 0.00046335 = 1.0657 BTC [+]
assbot: [MPEX] [S.MPOE] 20954 @ 0.00046399 = 9.7224 BTC [+]
smickles: thestringpuller: sure, at about 9pm (utc-7)
smickles: well, it happens to be the same as mt right now
smickles: after the daylight savings time change, it won't be mt anymore
smickles: kakobrekla: i didn't know that bitcoin was around back in the '90s
kakobrekla: when i discovered it, all sites were like wtf is this real or scammy joke
smickles: military discount :) maybe i'll consider it
smickles: copy of the id? military ids have ssn on them !
smickles: who would give out a copy of that?
jurov: "Verification is all digital 15-20 minute process that includes a digital document signed digitally by you. You will also be required to submit a I.D. and Credit Card/Debit card with all but the last 4 digits blocked out. "
kakobrekla: "I also check my email frequently during off hours for yo"
jurov: this is genial. user will pay $5 for "verification" - privilege to submit personal documents that can be reused to verify mtgox acct, for example
BTC-Mining: smickles/jurov, hopefully, watermarking it/blurring ssn is okay.
kakobrekla: how the hell do i buy verification then
BTC-Mining: Sale of verification excluded of course... why require verification for something you don't care if it's chargebacked.
kakobrekla: Coming Soon! When you are verified a number will be assigned to you, if you are every buying something form someone in the community you send me a email. I will email the person ask for your verification the number, you then confirm your number with the person who is asking. No one ever see's anything but your number. 100% secure on both ends!
jurov: as i said... he wants to reuse your ID for mtgox registration
assbot: [MPEX] [S.MPOE] 4400 @ 0.00045968 = 2.0226 BTC [-]
assbot: [MPEX] [S.MPOE] 23000 @ 0.00046399 = 10.6718 BTC [+]
assbot: [MPEX] [S.MPOE] 1700 @ 0.00046598 = 0.7922 BTC [+]
BTC-Mining: Well then, watermark 500 IDs from around the world. Send them all and ask "Choose one, whichever you find the most acceptable."
jurov: someone obviously has too much time on their hands
BTC-Mining: I also have juice containing mashed sweet potato. But I'd trade it for more free time to look up ingredients list on things I consume for more odd ingredients and chemicals.
assbot: [MPEX] [S.MPOE] 8000 @ 0.00045953 = 3.6762 BTC [-]
assbot: [MPEX] [S.MPOE] 11800 @ 0.00045842 = 5.4094 BTC [-]
jurov: you're lucky, i almost went already
thestringpuller: i wanma get ahead of the wall before the price shoots up...
jurov: yea, waiting for you
jurov: yes, i see it, i have updated your balance without waiting for tx
assbot: [MPEX] [S.MPOE] 5800 @ 0.00045931 = 2.664 BTC [+]
jurov: * er, without waiting for block
jurov: am not so reckless
jurov: looks like that "instant mpex funding" can be quite attractive marketing-wise... but must have reliable bitcoind monitoring + enough reserve at mpex first...
mod6: yeah, that worked out pretty slick it looks like
assbot: [MPEX] [S.MPOE] 6000 @ 0.00045931 = 2.7559 BTC [+]
jurov: it does not need extra trust, i don't see a problem doing it for anyone
jurov: like 1CoinBr662GWdiqVz8mXJUnYjWZbBchKAb ?
jurov: but i need one per user anyway
jurov: oh that..... iirc it's put there by mircea himself, long time ago
assbot: [MPEX] [S.MPOE] 7557 @ 0.00045842 = 3.4643 BTC [-]
assbot: [MPEX] [S.MPOE] 24043 @ 0.00045819 = 11.0163 BTC [-]
jurov: *it's been put there is moar correct, no?
jurov: goodnight..have to wake early
gribble: BTCUSD ticker | Best bid: 10.75104, Best ask: 10.84000, Bid-ask spread: 0.08896, Last trade: 10.84000, 24 hour volume: 24221.65679096, 24 hour low: 10.58000, 24 hour high: 10.85000, 24 hour vwap: 10.73588
thestringpuller: mircea_popescu: if i visit romania can we hang out and go to romanian strip clubs?
pigeons: no strip clubs in romania yet, but mircea's has a sister
thestringpuller: mircea_popescu: so option prices will decline as the month closes?
thestringpuller: it feels like tehy are most effective at the end of the month...
copumpkin: assuming he doesn't have a silly strategy, they're probably no better to buy
copumpkin: unless there's external information that he hasn't factored in
thestringpuller: the only reason my options paid off was the price was low during a price swap
copumpkin: it sure gets wannabe traders' rocks off though
copumpkin: you want more than 50% of the money ;)
assbot: [MPEX] [S.MPOE] 6500 @ 0.00045868 = 2.9814 BTC [+]
mircea_popescu: this has been the greatest fallacy in economics. the notion that human agency can improve the end results.
mircea_popescu: in fact hedge funds consistently underperform indexes.
mircea_popescu: ya, except for a couple : one that doesn't try to time and another that got there by accident.
mircea_popescu: copumpkin i particularly enjoy the fact that all sorts of imbecile "economists" explain how vulnerable bitcoin is to "well established strategies"
mircea_popescu: and then i fail to see them raping bitcoin on mpex with those "well established" strategies of theirs.
thestringpuller: mircea_popescu: what strategy would you use? or is it a trade secret?
mircea_popescu: "Bitcoin takes the monetary system back essentially a hundred years. We know how to beat that system. In fact, we know how to nuke it for profit"
mircea_popescu: thestringpuller i use the strategy of "try to build useful things"
copumpkin: mod6: where do they get their data?
mod6: anyway, its been widly reported this year -- just seaching on google for stuff.
mircea_popescu: anyway, the massacre hedge funds are suffering at the hands of a compeltely imaginary stock market is really sad.
mircea_popescu: they should be rewarded for their prudence not punished for not having been dumb enough to play bernanke
copumpkin: mod6: oh, I was just looking for a list of who was doing better
mod6: here's another one:
mod6: “Hedge funds are up 3.04% year-to-date as of September, 2012, compared to 13.97% for the S&P 500,” said Mary Ann Bartels, technical research analyst at Bank of America Merrill Lynch.
mod6: “This ranks as the third worst relative performance for Q1-Q3 since our records begin in 1994, following 1995’s 12.8% and 1997’s 11%.”
assbot: [MPEX] [S.MPOE] 9100 @ 0.00045868 = 4.174 BTC [+]
assbot: [MPEX] [S.MPOE] 31900 @ 0.00045931 = 14.652 BTC [+]
assbot: [MPEX] [S.MPOE] 18680 @ 0.00046598 = 8.7045 BTC [+]
assbot: [MPEX] [S.MPOE] 8583 @ 0.00046708 = 4.0089 BTC [+]
assbot: [MPEX] [S.MPOE] 4000 @ 0.000468 = 1.872 BTC [+]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00046805 = 2.6679 BTC [+]
assbot: [MPEX] [S.MPOE] 39900 @ 0.00046864 = 18.6987 BTC [+]
assbot: [MPEX] [S.MPOE] 12100 @ 0.00046909 = 5.676 BTC [+]
assbot: [MPEX] [S.MPOE] 14500 @ 0.00046956 = 6.8086 BTC [+]
assbot: [MPEX] [S.MPOE] 42025 @ 0.00046956 = 19.7333 BTC [+]
assbot: [MPEX] [S.MPOE] 8959 @ 0.00046965 = 4.2076 BTC [+]
assbot: [MPEX] [S.MPOE] 5800 @ 0.0004705 = 2.7289 BTC [+]
assbot: [MPEX] [S.MPOE] 16500 @ 0.00047103 = 7.772 BTC [+]
assbot: [MPEX] [S.MPOE] 7800 @ 0.00047186 = 3.6805 BTC [+]
assbot: [MPEX] [S.MPOE] 44300 @ 0.00047269 = 20.9402 BTC [+]
assbot: [MPEX] [S.MPOE] 28900 @ 0.00047316 = 13.6743 BTC [+]
assbot: [MPEX] [S.MPOE] 1157 @ 0.00047992 = 0.5553 BTC [+]
assbot: [MPEX] [S.MPOE] 700096 @ 0.00048 = 336.0461 BTC [+]
mircea_popescu: mpoe made a wash, s.dice i guess will report its first loss ?
smickles: well, if people value mpex in terms of usd, a drop in usd/btc should mean s.mpoe rally
gribble: BTCUSD ticker | Best bid: 10.81400, Best ask: 10.81999, Bid-ask spread: 0.00599, Last trade: 10.82000, 24 hour volume: 24414.81850755, 24 hour low: 10.58000, 24 hour high: 10.85000, 24 hour vwap: 10.73950
smickles: mircea_popescu: It might be justifiable for someone with net worth which is mostly tied up in usd to value even things like MPEx in usd
smickles: convenience could be one reason. relatedly, maybe they can only 'think' in terms of usd
smickles: or they see it as an investment where they want a return in usd terms, they don't care about btc value fluctuations
mircea_popescu: ya i guess if they do that then weakening of btc/usd is actually buy signal for s.mpoe
mircea_popescu: as in, "get more shares of the same company for the same usd"
mircea_popescu: then lag would measure their usd -> btc -> mpex latency
smickles: yeah jjjimy or whatever his name is
smickles: or did he get taken out in some way?
smickles: your sec sigline seems to be getting good exposure (for the forum)
assbot: [MPEX] [S.MPOE] 18970 @ 0.00046037 = 8.7332 BTC [-]
mircea_popescu: "he also lied about having an OTC rating at the time if the transaction to get me to send first. I was knew and didn't know what OCT was then and was desperate for money so I foolishly agreed."
smickles: wow, i'ven't the mind to understand that
mircea_popescu: "I thought genjix had to eat catfood + bits of newspaper cause he was so poor ?" 0.0
mircea_popescu: o also, f.giga.etf going away on dec 1st, if anyone missed it earlier
assbot: [MPEX] [S.MPOE] 900 @ 0.00045982 = 0.4138 BTC [-]
gribble: BTCUSD ticker | Best bid: 10.80101, Best ask: 10.88754, Bid-ask spread: 0.08653, Last trade: 10.80100, 24 hour volume: 25732.98766624, 24 hour low: 10.58000, 24 hour high: 10.89000, 24 hour vwap: 10.75200
BTC-Mining: What if the information is released at a later date?
mircea_popescu: it's been a month already. november is another month. how much later than that ? 2014 ?
BTC-Mining: But seeing as he sent payments (the good amounts) to many and it's not completed after one month, it doesn't look like he lost the database. But he's been incredibly slow.
mircea_popescu: irl dividends are paid yearly. in bitcoin people expect weekly, some even daily. monthly is considered VERY rarely.
mircea_popescu: yet when it comes to booking losses... nobody thinks o look, five weeks that's five irl years
BTC-Mining: So if he releases data, I would doubt it would happen by December 1st
mircea_popescu: i think it's much like missing persons. those not found in twoo weeks are never found.
BTC-Mining: Yes, but it's not like Nefario disappeared without any news with everything.
BTC-Mining: If one day, the website had suddenly disappeared along with Nefario, that would be acceptable.
mircea_popescu: well... the way these things work is that there's some communication originally... but nothing comes of it.
mircea_popescu: bitcoinica's still not paid. people still entertain the notion they will get something back, obviously, but it's been what, half a year.
BTC-Mining: But Nefario paid many people so far =/
mircea_popescu: bitfloor... went down, guy asked for our help, now he's gone.
mircea_popescu: BTC-Mining paid some people originally. that was weeks ago. then he stopped payng, and now his site is gone.
mircea_popescu: (in fact, it may well be argued nefario stole the few k btc he had of glbse money, then insisted theymos return the few hundred he held, then used that to pay SOME people and end of story there)
BTC-Mining: From only declared claims which are a lot fewer than the payment chains seen those claims are included in.
mircea_popescu: but anyway, a key consideration is that those shareholder lists are only useful early on. they decay so to speak
BTC-Mining: But claims are included in payment chains for much larger amounts. It is yet to see if users received all of those without more claims.
mircea_popescu: suppsoe i have a 1k btc payment in my wallet (and it's all i have)
mircea_popescu: if i pay you 100 btc, is it right that my program takes 100 btc to your address and 900 btc to another address of mine ?
assbot: [MPEX] [S.MPOE] 16457 @ 0.00045819 = 7.5404 BTC [-]
assbot: [MPEX] [S.MPOE] 5243 @ 0.00045799 = 2.4012 BTC [-]
BTC-Mining: Should be like that, considering that's how bitcoin transactions work...
mircea_popescu: much more importantly tho, were all the payments sorta early oct ?
mircea_popescu: so what makes you think that the lists will be released, but after december ?
BTC-Mining: At least for mine. I was one of the first paid out I think.
BTC-Mining: Because since Nefario did not disappear with the funds, I still believe it is in the "realm of probable" that he'll release the information, and not in the "realm of possible"
BTC-Mining: You know how it was. Nefario would say he'd have a new feature released next week and end up completing it 2 month laters.
BTC-Mining: He also managed to screw up payments on the 16th
BTC-Mining: and he seems to want to send all balances out before then giving the addresses to issuers.
mircea_popescu: so when exactly do you expect the shareholder lists to be released ?
BTC-Mining: Somewhere in the next weeks to 3 months
BTC-Mining: After that I'd probably start to assume he managed to lose the database after closing GLBSE
mircea_popescu: mk, so wanna bet the shareholder lists aren't released by feb 1st ?
BTC-Mining: feb 1st? I'd bet you 5 BTC it is released by then. (For those who submitted their information, not in full.)
mircea_popescu: what were decent-ish assets there ? giga, asicminer and what'd be a third ?
BTC-Mining: and quite a few lowball mining operations
BTC-Mining: Unless mircea wants an escrow for this one.
mircea_popescu: mkay. so " by feb 1st more than half the shareholders are reinstated in at least two of gigamining, asicminer, bitbond as a result of nefario releasing the lists to the respective asset owners"
BTC-Mining: I have no idea what proportion of holders gave their info to be sent to issuer. I would go more by the lack of complaints that some submitted their info and weren't included in the list sent to issuer.
mircea_popescu: but i mean... if not even half the shareholders are reinstated the thing is moot anyway
BTC-Mining: Yes, but if the contact information was not given, it's impossible to release that info to issuers anyway. But technically, that means Nefario would have released the full list if he could have done so, so theorically, it would be done.
BTC-Mining: Let's say, if any of gigamining, asicminer or bitbond have together a total of at least 2 or more complaints from members with 50+ posts that they submitted their info but are not included in the released list, or the information for any of those 3 asset is not released at all by February 1st, it shall be deamed the information was not released.
BTC-Mining: No, because he received the contact information from an unkown amount of persons but no issuers were forwarded that info. So even theorically, he has not released the data.
mircea_popescu: im mostly curious to find what exact way does nefario find to both fuck up in some entirely unexpected novel way and also render this bet moot in one fell swoop
assbot: [MPEX] [S.MPOE] 26700 @ 0.00045799 = 12.2283 BTC [-]
assbot: [MPEX] [S.MPOE] 19867 @ 0.00045982 = 9.1352 BTC [+]
assbot: [MPEX] [S.MPOE] 12000 @ 0.00046388 = 5.5666 BTC [+]
assbot: [MPEX] [S.MPOE] 24733 @ 0.00046502 = 11.5013 BTC [+]
assbot: [MPEX] [S.MPOE] 43400 @ 0.0004657 = 20.2114 BTC [+]
BTC-Mining: He'll accidentally provoke a vacuum metastability event, resulting in a stabler state propagating throughout the Universe at the speed of light, defining new constants for the laws of physics, rendering all Earth and its matter... different.
BTC-Mining: Rendering everything seen by humans pretty much meaningless.
BTC-Mining: It's the most blown out of proportion screw up someone could do.
BTC-Mining: eh, I'd consider that as information not released.
BTC-Mining: As the correct issuer would not have the correct information.
mircea_popescu: and seeing how there's maybe a coupla dozen actual people with actual investments
BTC-Mining: That he knows matter not. Just that each issuer receives all the information Nefario was aware of, and that they have the correct information.
BTC-Mining: Since AML was not required and the majority probably claimed...
BTC-Mining: The total amount of shares vary a lot.
BTC-Mining: Plus some people would certainly they got shares of X instead of Y.
BTC-Mining: Some might not complain... but many would.
BTC-Mining: I'm sure the outcome will be very clear.
mircea_popescu: Barack Obama will be re-elected as the president of USA
BTC-Mining: But really, what bothers me is not the delisting (and trading stopping, which would be appropriate), but the complete deletion of data. The ETF has no terms reserving yourself the right to arbitrarily void the obligation.
BTC-Mining: I would expect the obligation to be honored, wether the assets resurface in 1 day or 2 years.
BTC-Mining: Keeping the data aside doesn't cost much logistically.
BTC-Mining: Hmm, but the data does exist. Wouldn't a simple backup of the tables containing the data for the ETF be enough?
BTC-Mining: To reinstate it should it become possible.
assbot: [MPEX] [S.MPOE] 24400 @ 0.00046534 = 11.3543 BTC [-]
mircea_popescu: nah, if it doesn't come to its senses by dec 1st it's not getting reinstated.
BTC-Mining: That's the thing, they would be direct shares with Gigamining should the information be released.
mircea_popescu: basically, the reasoning is this : there was a company organised to finance a ship sent to wherever.
mircea_popescu: if it's not heard from in X time, the company is dissolved as worthless.
BTC-Mining: Gigavps keeps track of all payments due and if information is released, will pay all what is due.
BTC-Mining: The "company" is neither lost, or getting dissolved.
mircea_popescu: sure, the concept of spices, or the concept of cargo, or the ship's destination still exists.
BTC-Mining: The ship's location is known. Who the cargo is to be delivered to is not known.
BTC-Mining: GLBSE simply either hasn't released who had how many shares.
BTC-Mining: Nefario still talked to a few people recently. But doesn't answer publicly or to support requests.
mircea_popescu: glbse.com is no longer responding, the website itself.
BTC-Mining: Probably because they consist on thousands upon thousands of tickets looking like: "I haven't received my balance yet. Why?"
mircea_popescu: and back when it still was known, we were still waiting.
BTC-Mining: I don't see how GLBSE is the ship. The ship is Gigavps's mining operation.
mircea_popescu: well that's an incorrect representation. obviously it may be convenient, but it's not the case.
BTC-Mining: Your IPO technically states: "The owner of this ETF holds 900 perpetual 5.0Mh/s bonds (details), "
BTC-Mining: Not GLBSE shares, GIGAMINING mining bonds.
mircea_popescu: there's sufficient reference to "owning shares" to satisfy this point.
BTC-Mining: The shares were traded on GLBSE. But GLBSE was never the ship. It never mined or produced the returns. It was merely sending the ship where it was to be delivered. Now the ship doesn't know where to go.
mircea_popescu: The shares were traded on GLBSE. But GLBSE was never the ship. << what's this, cognitive dissonance 101 ?
BTC-Mining: Because GLBSE was never the shares or represented them, they were merely a platform to exchange the bonds.
mircea_popescu: this is true of mpex, yes, because mpex is correctly designed
mircea_popescu: with glbse, nefario == glbse == the shares. there's no way to actually make these distinctions you'd like
mircea_popescu: sure, they're desperately needed, but unfortunately did not exist.
BTC-Mining: What you're saying sounds like if my broker, after the NYSE let's say is hit by a meteor and trading is halted, coming to me to say he has no news of when it will come back and that holders data might or might not be lost, possibly never to come back and says "You have to let go." (said in a very comforting voice, patting you on the shoulder, with a grin on his face), because obviously
BTC-Mining: the traded company and their stock don't exist without the stock exchange. So he'll delete all his records of which stocks that he held in my name because he consider the ship lost at see. And if data comes back: "Oh sorry. Can't give you anything, I don't have records showing what I owe you."
BTC-Mining: Because that's exactly what you're doing? Except the moment where you tell me I have to let go.
BTC-Mining: It's not like someone lost at see who is declared as such because he can't survive too long in the open sea so all efforts should be abandoned. Shares can't die, even if lost for years.
mircea_popescu: but you are familiar with the circumstance that the nyse merely trades, there's clearing houses and depositary isntitutions which actually hold the shares and settle/clear the transactions
BTC-Mining: Yes, and it should have been done. The fact GLBSE was 100% central seems moot however. Because the fact the data might not resurface and the broker might not get access to the shares he held for me does not excuse him to erase all data just for the heck of it based on his personal expectations of what will happen. I would expect the same from someone managing an ETF.
assbot: [MPEX] [S.MPOE] 15000 @ 0.00046534 = 6.9801 BTC [-]
assbot: [MPEX] [S.MPOE] 2300 @ 0.00046531 = 1.0702 BTC [-]
BTC-Mining: Especially with something as easy to avoid by simply not willingly deleting the data.
mircea_popescu: so, to fix your example : if a rain of meteors obliterates the nyse, and each and all scrap of trace of the existance, chain of custody and so forth of an asset
mircea_popescu: will you be surprised if your broker says, after a few years/a decade, "sorry" and moves on ?
mircea_popescu: time moves at a different pace here, as proven by the fact dividends are not paid yearly.
BTC-Mining: If no trace are found of records and it's obvious they were destroyed, I would not mind that my broker moves on and asks the same of me. But this is not the case.
BTC-Mining: Time does not move at a different pace?
mircea_popescu: now, i haven't DONE THIS FIRST, but announced it with ample time in advance exactly so as to have the opportunity for this sort of conversation
BTC-Mining: Dividends are paid more often simply because Bitcoins (and bitcoin mining) allows income and sharing of it much faster without all the financial fees to send those funds around. Not because time magically paces faster around Bitcoins.
BTC-Mining: The dividends happen faster. Time does not move faster. They are different things.
mircea_popescu: your irl broker will move on after 10 dividend periods, aka a decade irl. mpex moves on after 10 dividend periods, aka 2 months irl.
BTC-Mining: I would attribute the frequent dividend to the nature of Bitcoins. They allow it for not being as slow and not requiring such wire fees for sending funds. Plus the small nature of operations can also manage to pay more often.
mircea_popescu: but the asset has in fact already missed something like 5 or 6 dividend payments, correct ?
BTC-Mining: The time my IRL broker moves on is not based on dividend periods, it's based on leaving time for the recovery of record. That dividends are paid every day or every 10 years matters not.
mircea_popescu: if "allows income and sharing of it much faster" that'd seem on the face that it... allows... things...moving...faster.
BTC-Mining: Because why would he wait before moving on? For data recovery if possible. If not possible, move on.
mircea_popescu: so you are literally telling me that it takes two months to do a couple sql queries on nefario's end ?
BTC-Mining: Data recovery is completly unrelated and independant of payment periods.
mircea_popescu: it's not like he has to dig out records from a 5mn folders pile of paper.
mircea_popescu: since the very reason you gave for faster payment periods was ease of handling the data
BTC-Mining: Well who's to say because it is easy and faster, it will be done so? You could pay out on S.MPOE daily or weekly, but you do not.
mircea_popescu: no, i do not. i think the weekly thing is unconscionable.
BTC-Mining: I claim payment period can possibly be more frequent, but not obligated. I want to know why, because of these faster periods (completly unrelated and optional), you feel it's ok to move on and delete all data just as much faster, without any knowledge of what's happening on Nefario's side?
mircea_popescu: but do you actually claim that objectively the time needed to retrieve the data is in the months rather than minutes scale ?
mircea_popescu: that more time could conceivably helpand thus is a right ?
mircea_popescu: nefario could in fact have released all the data in question in half the time we took discussing his idiocy so far.
BTC-Mining: But he seemed quite concerned of the legalities when he closed. He didn't run away with all the funds. He did take time to start processing. He's probably still concerned.
BTC-Mining: So he could be checking further how to minimize his liabilities.
BTC-Mining: Decide to require AML again for disclosing assets, or anything really.
mircea_popescu: i still don't see how any of this makes any sense or amounts to an actual challenge
mircea_popescu: i mean... maybe he decides to give us all candy, in the future. it's possible, why not.
mircea_popescu: even though this was not specifically written out in thecontract, a set interval of time will be allowed for recovery
BTC-Mining: If you don't know the facts, he claims to have asked the FSA about it long ago but they claimed not to be concerned by anything Bitcoins related. (Probably miscommunication). Trying to go legal, he consulted again and was told to stop or he could be charged.
BTC-Mining: I'll have to fetch the sources, but it seems likely. Seems to be what GLBSE shareholders claim.
mircea_popescu: half the glbse shareholders are pretty much lieing scumbags, as it came out.
mircea_popescu: i thought you were all against mixing fact and fiction.
BTC-Mining: Hmm, yes. But fact is, if it's indeed true, he could limit his liabilities by applying regulations after he's been made aware of it, and would certainly get him to delay things a lot while consulting.
kuzetsa: mircea_popescu: the glbse flaming and whatnot... don't you have ties to a competing exchange? as such, isn'
mircea_popescu: look, i have in fact hired lawyers in this life, i'm not talking out of imagination.
kuzetsa: isn't FUD surrounding GLBSE good for your business?
mircea_popescu: maybe a couple of weeks, if it was REALLY involved and complex and needed loads of research
assbot: [MPEX] [S.MPOE] 1131 @ 0.00046045 = 0.5208 BTC [-]
assbot: [MPEX] [S.MPOE] 27700 @ 0.00046037 = 12.7522 BTC [-]
BTC-Mining: I'm against opinion passing as facts, or misquoting.
mircea_popescu: kuzetsa i own the exchange glbse was trying to compete with.
BTC-Mining: But Nefario seems to only be able to aford some lousy lawyer.
BTC-Mining: If Nefario is screwing things up or being slow, it wouldn't excuse you from doing just as much in return. Plus it opens you to accusations. You should keep the data for at least more than 2 months is what I am saying.
mircea_popescu: well so i said it's kept a month, you want it to be kept two. am i correct in inferring that at least in principle you don't see a problem, and you mostly dispute the actual time interval ?
BTC-Mining: No, after the 1st December, you'll have kept it for more than 2 months.
mircea_popescu: how do we count that ? was it oct 1st ? or with goat ? or with yest when it finally went offline ?
BTC-Mining: And yes, I dispute the time interval. Your argument so far was that if payment periods go faster, why not the time allowed to disclose the information before considering it gone for good? But you yourself agreed that the two were unrelated.
BTC-Mining: I do not dispute the delisting, nor the need to eventually move on.
mircea_popescu: so for clarity, you agree with the principle, but disagree with the interval ?
sgornick: > mircea_popescu wonders if everyone else is alseep/sexting/busy not giving a shit or quite the contrary,
BTC-Mining: 8/60th of minimum salary in whatever area he is located.
gribble: User 'sgornick', with keyid F64A32C07327B2F8, fingerprint 1619E0F30A0AE945C3A5407EF64A32C07327B2F8, and bitcoin address 1ADZYhYZu1epmsZUAUa2fZ299p7xwVJ46k, registered on Mon Mar 7 00:42:20 2011.
http://bitcoin-otc.com/viewgpg.php?nick=sgornick . Currently not authenticated.
kuzetsa: mircea_popescu: probably that one :P
mircea_popescu: maybe he wants satoshi pairs sent to special mating addresses where they can multiply, what do i know.
smickles: BTC-Mining: "... He didn't run away with all the funds. ..." << um actually you can't quite say this, only 2 of my 3 accounts received btc back
BTC-Mining: He didn't run away with >>ALL<< the funds
smickles: heh, he did from the perspective of those accounts </troll>
BTC-Mining: So you could expect he actually intends to refund everyone. Wether he can or screw up doing so however, is uncertain, since there's already a screw up.
mircea_popescu: BTC-Mining i still don't understand why would he not have issued the assets, if he's gonna do it.
mircea_popescu: i mean, at first few days cause it might take some time to recombobulate the data
BTC-Mining: mircea, 1.3k is just what was claimed by people on the forum. Most probably never claimed their payment on my thread, or were even aware of it or willing to disclose how much they had on it.
smickles: is there news about the asset info?
BTC-Mining: People like to be private around Bitcoins it seems.
BTC-Mining: Mircea, the rationale behind the interval is that with how things have been going, it is not clear or obvious that Nefario lost any data or intends not to return it. And being highly unpredictable and uncommunicative since the start, one could expect the information to be released way past the short delay you seem to allow.
smickles: what am I going to do with all this btc if i don't get infos
mircea_popescu: this is mostly cause i announced that giga.etf goes away on dec 1st if it's not fixed
mircea_popescu: BTC-Mining yes, but in order to have a deadline you have to have a deadline
smickles: yeah, what's the reasonable amount of time that I have to secure and maintain this btc?
smickles: it's not like i'm getting paid to do it
mircea_popescu: i mean, FOREVER is off the table. now, how long is reasonable ?
sgornick: Wait, did the giga.ETF manager obtain the gigamining shares through GLBSE, or direct from gigamiing?
smickles: is there any legal position to be informed by?
mircea_popescu: sgornick i originally had them directly, but then all pre-ipo holdings were transformed into glbse shares
BTC-Mining: I'd say at least 6 months without any news or sight whatsoever of Nefario. Considering it's assets information, it's still very short, but at least more appropriate.
smickles: bad move, in hind sight mircea_popescu
mircea_popescu: smickles i didn't want to do it, i asked at the time to keep it private, but eventually didn't want to cause trouble.
smickles: 6 months and then what BTC-Mining ?
BTC-Mining: He'll delete all data regarding what is owed.
mircea_popescu: 6 months "without sight" ? what if the bloke pulls a strateman, drops by every season on btctalk to post a trollface ?
smickles: thing is, Uncertainty and Doubt are good things
mircea_popescu: BTC-Mining i can't delete "all data" man. the signed stats will forever exist.
mircea_popescu: anyone can keep the stat saying "x F.GIGA" for as long as they think it's worth it.
BTC-Mining: But you won't keep your side of the data or honor anything, am I right?
mircea_popescu: (as well as in your backups, if you're downloading the mpex backups with any frequency)
BTC-Mining: So you're actually going to keep the data?
BTC-Mining: Will you honor the most recent data available as of who owns what of the ETF should the information be disclosed and you get access to the funds received through it?
smickles: BTC-Mining: you expect the data to be kept for 30 years?
mircea_popescu: didn't you just say above you understand there will have to be some limit ?!
BTC-Mining: I wasn't answering to smickles... in hindsight, I was answering the "lol, srsly", but it was probably destined to smickles.
mircea_popescu: no but in general, people will have to start reading up on write-offs.
BTC-Mining: I don't expect 30 years. I'm just asking, suppose the data is released in the next few months, would you honor the most recent information?
mircea_popescu: this notion that they hang on the hope of pirate repaying 30 years later...
mircea_popescu: if those next few months are november, then absolutely.
BTC-Mining: But pirate was an obvious ponzi, still is, and he just disappeared suddenly one day and stopped paying people.
mircea_popescu: and it was "an obvious ponzi" pretty much to three people iirc.
BTC-Mining: Sorry. The business stopped paying suddenly one day.
BTC-Mining: All I'm saying is, 1 month is not reasonable delays.
BTC-Mining: 1 month before delisting, 6 before deleting the data you hold, would be the minimum I find acceptable.
gribble: You are identified as user smickles, with GPG key id EA62D7CEB2450C3F, key fingerprint 96ACCA7C3B09EC61B0A6D7F9EA62D7CEB2450C3F, and bitcoin address 12NjnZTVeTJ3g5C7BqfS2aQ2rLkmwiqVz6
gribble: Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-98-185.lightspeed.tukrga.sbcglobal.net', is identified as user thestringpuller, with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None
assbot: [MPEX] [S.MPOE] 8769 @ 0.00045982 = 4.0322 BTC [-]
assbot: [MPEX] [S.MPOE] 300 @ 0.00046489 = 0.1395 BTC [+]
assbot: [MPEX] [S.MPOE] 5400 @ 0.0004657 = 2.5148 BTC [+]
assbot: [MPEX] [S.MPOE] 11631 @ 0.00046613 = 5.4216 BTC [+]
BTC-Mining: Yes it's an opinion. Based on the fact Nefario has been unreliable and he doesn't have an history of completing task this fast. So I find it unreasonable to give a delay of 1 month.
mircea_popescu: man, but this subject can'tbe decided based on nefario. nefario is below a negligible quantity.
mircea_popescu: you think we'll just change the terms based on each low-life that happens to blow this way ?
BTC-Mining: But there's none, because only Nefario can release the data. And he's unreliable.
smickles: I'm not going to base my obligation on the shortcomming of an asshat
BTC-Mining: Even if you're not at fault, professionalism would recommend you allow a long delay to account for that.
mircea_popescu: smickles in any event, i don't think escheat would be the controlling doctrine. more like treasure trove or somesuch
smickles: BTC-Mining: from what i'm reading, it seems that a resonable period of time may be between 1 and 3 years
mircea_popescu: BTC-Mining i don't dispute, a long delay. why's 2 months not a long delay tho.
smickles: mircea_popescu: what about considering it lost
BTC-Mining: Because any individual, especially when dealing with them personnally, can often report to later for months to a few years before resolving the dispute or admitting he can't. And Nefario admitted he wouldn't accept any decision by GLBSE shareholder and would act however he wished to protect himself.
BTC-Mining: He made it obvious he would have priority, so long delays might be expected.
mircea_popescu: you keep refering to nefario as if he's relevant. i don't see why he is relevant at all.
BTC-Mining: If he had never sent out so many payment and just stopped business like Pirate did and just stayed around, I would not have minded the 1 month delay.
BTC-Mining: I already stated he's relevant because he's the only one holding the assets information and able to disclose it.
mircea_popescu: but the only way to quash this would be to show that a two month delay is not acceptable in principle.
mircea_popescu: showing that it's not convenient in this particular case isn't much.
mircea_popescu: smickles afaik that's always been limited to real property.
BTC-Mining: Delays for data recovery can never be determined exactly. I don't see why it would require to be proven to be acceptable or not.
mircea_popescu: i mean, BTC-Mining : i received recently a request from neustar to prove that indeed i am entitled to hold a .us domain
smickles: An exception to all the above is the case of an involuntary bailee, one who by not intentional acts is made a bailee. For example, if one is given a stock certificate but it turns out to be the wrong certificate (intended for someone else), he is an unintentional bailee, he has made no intentional act to become a bailee. He is therefore entitled to divest himself of the certificate regardless of a duty of care, so long as he does no malicious or
mircea_popescu: there's no dispute that in law i can drop the entire thing on oct the 5th.
BTC-Mining: And does that automatically make that delay appropriate for everything? (the 10 days thing)
smickles: BTC-Mining: seems to be statutory in common law
mircea_popescu: BTC-Mining because you can't force somebody to hold something for you at their expense ?
smickles: with no precedent overriding it
BTC-Mining: But that's the thing, you were not forced to held these for us and would gain a huge financial benefit if the information is disclosed after you deleted the data.
BTC-Mining: Financial benefit? You are now in possession of ~1000 Gigamining bonds with no data of who held the ETF or intention to honor it.
mircea_popescu: i have (indirect) claims on about 1k (more like 1.1 iirc) of gigaminign shares.
mircea_popescu: if i had 1k bonds this discussion wouldn't exist, i'd be paying dividends on them lol.
BTC-Mining: You don't have them now, no... That's not what I said either.
mircea_popescu: You are now in possession of ~1000 Gigamining bonds <<
BTC-Mining: I said if information was released after December 1st, you'd now be in possession of those bonds.
BTC-Mining: Because you would have deleted all data with no intent to further honor it, it stands as a financial gain. Gigavps keeps track of what is due and would start paying out all missed payments.
smickles: not forced to hold? i giving it all back and nefario stopped that and sent the btc back to me :/
mircea_popescu: i guess if i end up with a windfall it'll just make some worthy cause rich.
mircea_popescu: i wonder who should get it this time, pdpc got it last time...
BTC-Mining: And since you were not forced to hold them for the ETF, I think that voids your right to be entitled to divest yourself of the certificate either.
BTC-Mining: What smickles proposed about involuntary bailee.
smickles: i dunno that much about involuntary bailee, i'm just searching for any sort of similar thing to what's going on here
mircea_popescu: so, i made thing A. thing A is no longer. you want me to be the holder of substitute-thing B until such a time that you're satisfied.
assbot: [MPEX] [S.MPOE] 4800 @ 0.00045984 = 2.2072 BTC [-]
assbot: [MPEX] [S.MPOE] 2600 @ 0.00045901 = 1.1934 BTC [-]
assbot: [MPEX] [S.MPOE] 11300 @ 0.00045833 = 5.1791 BTC [-]
assbot: [MPEX] [S.MPOE] 16757 @ 0.00045799 = 7.6745 BTC [-]
assbot: [MPEX] [S.MPOE] 12368 @ 0.00045794 = 5.6638 BTC [-]
BTC-Mining: You're not even divesting from the Gigamining shares, you're destroying your own ETF, issued by you. Divesting requires departing yourself of the asset. But if information is disclosed, you will be in their possession. What you are destroying are the claims to them, which you are:
BTC-Mining: You own rights to Gigamining bonds (on your own will). I own claims to them.
smickles: BTC-Mining: involuntary bailee seems to say that if someone is in possesion of something that isn't theirs, and they came by this possesion unintintionally, then they are not responsible to the real owner for what happens to it
mircea_popescu: 1. giga made a mining thing ; 2. glbse listed the mining thing ; 3. i own shares in the glbse mining thing ; 4 i made a mpex thing ; 5 you own shares in the mpex thing.
BTC-Mining: He didn't get the shares unintentionally. He bought them to then sell fractional claims to them.
smickles: so the shares are his anyway then
smickles: the fractional claim is the question?
BTC-Mining: He's not an unintentional holder is what I'm saying.
smickles: overwhelming force has voided the f.giga contract
BTC-Mining: He has no such clauses or anything reserving himself the right to arbitrarily and unilaterally void the claims he sold himself.
BTC-Mining: You own shares in the mining thing, not the glbse mining thing.
BTC-Mining: You own Gigamining shares, issued and traded on GLBSE, but not "GLBSE's mining thing"
mircea_popescu: again, if i had off-glbse private bonds this entire discussion would be moot.
mircea_popescu: well, let it be on record that what i mean by "GLBSE's mining thing" is Gigamining shares, issued and traded on GLBSE
mircea_popescu: once 2 goes away, you propose that it is my obligation to create a 2' vehicle to bridge this gap.
mircea_popescu: i might extend something like this as a courtesy, and for a limited time
mircea_popescu: in law i'm perfectly allowed to not do it at all (hence the discussion of involuntary bailee, you purport to make me the depositor of a 2' device which i never should have to hold)
mircea_popescu: but even if i forfeit this entitlement, i can only do it in a time-limited way
smickles: this is a facinating issue to me :)
mircea_popescu: it is a pretty important point for btc in general, which is why i'm taking the time
mircea_popescu: conveniently BTC-Mining is taking the other side, i'm not sure i'd prefer anyone else for it.
BTC-Mining: You are not an unvoluntary bailee. You received the assets of your own will and held them of your own will for the purpose of selling claims to it. You never received them against your will. In fact, they're currently TAKEN AWAY from you against your own will. Not forced upon you.
smickles: BTC-Mining: didn't you claim to have bought a bunch of f.giga when glbse went down?
BTC-Mining: How are you the unvoluntary bailee of those other things?
smickles: wait, do we really consider having stuff associated with your glbse account ownership? (maybe off topic)
mircea_popescu: BTC-Mining because the vehicle for my ownership was the glbse share
mircea_popescu: it has in practice been replaced by a vague sort of claim thing.
BTC-Mining: The claims were sold to me. I'm the current holder. You are not. You are the issuer. You cannot be the unvoluntary bailee of your own issue.
smickles: mircea_popescu leased an office in a building, the building is taken out by a tornado
smickles: is mircea_popescu still responsible to provide an office to that person?
smickles: assumes there was not a force majeure clause in the lease
mircea_popescu: smickles no, it's more complicated. person A leases a building to person B. person B leases office space to C. person A is arrested and the building confiscated. C demands from B that B ensures C gets the office space at a future time if the building is returned to A.
mircea_popescu: this makes B the involuntary bailee of C's claim, because B never leased to C any such thing as "future claims to the office space conditional on A's performance in court"
mircea_popescu: while C may be entitled to that claim, it's really not much of B's business.
BTC-Mining: No. B indeed (re)leased office space to C.
BTC-Mining: To be the involuntary bailee, you'd have to be holding the claim from C to A. Where you could throw out the claim or quite simply give it to it's actual beneficiary.
mircea_popescu: BTC-Mining there's no limitation that you can only be ib if you can divest in a manner convenient to all partsi nvolved
mircea_popescu: anyway, even the example as given is simplified, because it gonflates giga and glbse into A.
mircea_popescu: and at any rate the whole involuntary bailee point is mostly academic, it just rehashes the obvious "tough tits" line
mircea_popescu: we only got into that cause smickles brought it up, but otherwise, the point is more along the lines of,
mircea_popescu: some time limit will have to be enforced. why this rather than that ?
assbot: [MPEX] [S.MPOE] 11000 @ 0.00045794 = 5.0373 BTC [-]
BTC-Mining: Because it's perfectably expectable for information to be released in more than a month, while it is not in 10 years without any news.
mircea_popescu: in principle the same could be said of 10 years vs 1000 years.
mircea_popescu: cause it's purely arbitrary. yes, the chances to get something decrease with time. so, if nothing happens in one week, better wait a month.
mircea_popescu: if nothing happens in am onth, better wait two. if nothing happens in two better wait six
smickles: mircea_popescu: lets do this logically, you made the first positive claim right?
mircea_popescu: still doesn't indicate why six months is more reasonable than six weeks
mircea_popescu: i don't claim it's perfect or anything, should carry the day
smickles: then BTC-Mining contested, right
mircea_popescu: smickles well we agreed on principle but not on the actual interval so far.
smickles: so how do you justify 10 difidend periods?
BTC-Mining: In 10 years, odds of data remaining gets slight, especially as the storage on which the data was is probably destroyed and unless some guy (who never gave news or disclosed this date), kept moving it to new storage as time went by, the data would be lost. Which is expectable and probable. Why would the guy keep to back it up if he's not disclosing it?
mircea_popescu: smickles degree of magnitute more than the smallest contractual breach
mircea_popescu: BTC-Mining yes, they will be slight, by today's measure. cause today the scent is still fresh. but in 9 years it will seem reasonable to wait 100 rather than 10.
smickles: BTC-Mining: do you contest this 'order of magnitude' argument?
mircea_popescu: that's kinda absurd, we'll never be done if we go that way
BTC-Mining: No. Because it has to be set as a hard limit.
mircea_popescu: more constructively, do you have something better than that, i'd want to know
BTC-Mining: Not by reviewing them later as: "Well we went on waiting 10 years, why not 100?"
BTC-Mining: And 1 month does not seems appropriate.
mircea_popescu: we waited a month, and you are saying "well we should wait six cause this guy is slow"
smickles: mircea_popescu: you'd only do it back to first principles, not ad infinitum
smickles: and if you disagree on first principles, one of you is a turnip
BTC-Mining: I'm not contesting it 1 month after. I'm contesting the fact you chose 1 month from day 1.
BTC-Mining: "[23:25] <mircea_popescu> we waited a month, and you are saying "well we should wait six cause this guy is slow""
BTC-Mining: We didn't wait a month, that's the thing.
BTC-Mining: GLBSE.com went offline. You decided to, right now, allow 1 month.
copumpkin: little did you know that Chaang-Noi was a hedge fund manager
BTC-Mining: I'm contesting that this decision is appropriate for right now.
BTC-Mining: And not contesting afterward saying we should wait more.
mircea_popescu: but see, glbse.com going offline is really the absolute last signal of dissapearance.
mircea_popescu: nefario went silent, before this. their board broke apart.
BTC-Mining: I would have no problem accepting it if I had agreed the delay was reasonable, and waited the whole of that delay.
BTC-Mining: He got a scammer tag because Theymos was a shareholder and got screwed in this because Nefario doesn't recognize their decisive power because he claims he can't honor requests that would make him break the law.
BTC-Mining: I does not prevents him from disclosing the information.
mircea_popescu: is the guy here defending himself ? no, he's not. is the company still standing ? no, it was dissolved (retroactively).
BTC-Mining: Eh, I thought so too. 1 month is just a token period. You'd erase the data right away if it wouldn't raise protest. You already consider it gone.
mircea_popescu: i wouldn't erase the data right away on general principle.
mircea_popescu: and afaik at least one glbse failure was already resolved, without protest for that matter.
mircea_popescu: copumpkin paulson in 2nd place, that must have gone over well
BTC-Mining: So why not have a more reasonable delay, on general principal. Balances have been partially paid out. Nefario communicated with the shareholder his intent to not act upon their vote if it was not lawful to do so.
copumpkin: mircea_popescu: cause he fucked up so badly? :P
mircea_popescu: BTC-Mining the sticking point is the reasonable part of more reasonable.
BTC-Mining: You're treating it like every other Bitcoin scam with the equivalent delays before declaring it lost.
mircea_popescu: BTC-Mining ask copumpkin, i was pushing for pirate write-offs in august.
mircea_popescu: people seem more religious than business-oriented in btc.
copumpkin: I wonder what he's doing with all the money
BTC-Mining: So was I. I could almost have expected to write it off almost right away.
BTC-Mining: But to my surprise, balances actually started to be paid.
mircea_popescu: yes man, which is why we weren't having this conversation on the 15th
mircea_popescu: but i stil lfail to see how the whole month of november is an unreasonable allowance to fucking pull some fields from a db and send them to peopkle
BTC-Mining: So on that account, I think delays should be set as such to allow the benefit of doubt that Nefario intends to repay.
BTC-Mining: Because Nefario DOES NOT WANT to simply pull the database's fields and send that.
mircea_popescu: for instance patrickharnett is getting axed tomorrow on the dot.
copumpkin: nah, I actually didn't join a frat in college
copumpkin: thought all that drinking was kind of stupid
copumpkin: I don't mind moderate amounts of it, but doing it for its own sake is silly
BTC-Mining: You're unilaterally taking a decision to void claims because Nefario does not release information fast enough for you, regardless of it it will be released or not.
mircea_popescu: BTC-Mining yes, that's the principle of the thing. when someone says they do something and then they don't do it, they get some time before being cut off
BTC-Mining: Yes, but the delays should be set accordingly to the expected time it will take them to do so, and you usually add an extra on that in case.
BTC-Mining: That's the thing. You'd be disregarding all possible laws Nefario might want to comply to by selecting that 5 minute delay.
mircea_popescu: you know, like if you don't make the mortgage payments cause your cat was sick
BTC-Mining: It's how long it takes to retrieve it from the database. Not how long it takes to disclose it for some paranoid fuck who just started consulting a lawyer.
mircea_popescu: dude... there's no doctrine of "how long it takes some mentally retarded guy to pay the bill"
mircea_popescu: it's how long the thing takes, not how long the thing takes nefario.
smickles: 03:42 < BTC-Mining> Yes, but the delays should be set accordingly to the expected time it will take them to do so, and you usually add an extra on that in case. << the expecte time for him to release the shareholder info should've been about a week
copumpkin: if he's bound by laws, he can tell us what those laws are, at least
copumpkin: you can't cite unknowable lawyerspeak
copumpkin: since that just looks like shitty excuses for not getting your shit done
mircea_popescu: copumpkin fwiw, i contacted his theoretical lawyer about two weeks ago.
smickles: copumpkin: but it's santa cLAWs
assbot: [MPEX] [S.MPOE] 28000 @ 0.00045797 = 12.8232 BTC [+]
assbot: [MPEX] [S.MPOE] 17632 @ 0.00045794 = 8.0744 BTC [-]
assbot: [MPEX] [S.MPOE] 4668 @ 0.00045764 = 2.1363 BTC [-]
mircea_popescu: it's for lack of absolutely any reasonable alternative.
BTC-Mining: The expected time it will take, not in as fast you could do it, but how fast it could be expected to be done according to how it's been said it's going to be done.
copumpkin: mircea_popescu: omg, that's exactly what I said
mircea_popescu: BTC-Mining no such license eh. for one, how it was said it was going to be done is "instant". check out the guy's presentations at his nonference
BTC-Mining: That's not what he claimed when closing GLBSE.
mircea_popescu: at any rate find me some place nefario says "and btw, if glbse goes down i will take ~6 months to release infos" on or around april 11, 2012
mircea_popescu: dude, what he claimed in october has no bearing on some instrument made in april does it.
BTC-Mining: Nowhere does he states how much time he will take to do it. Just that he's suddenly very concerned by a few regulations.
smickles: i'm sure it's april fools day even if it was the 11th
mircea_popescu: BTC-Mining why do you think it matters what nefario said after the giga.etf thing was made ?
BTC-Mining: Because he has the damn information to release and you have the claims to the shares I have claims to.
mircea_popescu: so listen, if i run a payday loan service, and i lend some guy 50 bucks for a week
smickles: mircea_popescu: have you asked gigga if he'll honor your shares for the etf?
mircea_popescu: and his employer announces that next salary will be paid in 2050
BTC-Mining: No. Because that's 40 years. It's unreasonable.
smickles: and without a declared timeframe from nefario, i'm starting to think that we can't reasonably expect to get the data in a reasonable amount of time
mircea_popescu: i wouldn't accept one day. a week's a week. fuck you, pay me.
BTC-Mining: Let me try to explain it from my point of view.
smickles: mircea_popescu: go to missouri eviction legal with one day of default
mircea_popescu: smickles if he had the common courtesy to say you know, on oct 1, we are closed, i expect to pay everyone by the end of this week and release data by the end of the month cause so and so problems
smickles: mircea_popescu: yeah, but releasing the data by the end of the month is unreasonably long, unless he could point to a specific detail (law) which prevented him from doing so in that time frame
mircea_popescu: smickles but at least it'd be you know... he said by today, it's not done yet... well let's give it a little and see
smickles: i have no patients for giving people a little more time
smickles: they take my spelling away from me
mircea_popescu: btw copumpkin have you noticed the "refards" signature in that email ?
BTC-Mining: What that 1 month tells me is because Nefario completly fucked up, although you know about it and although you know he further screwed on the 16th and you know he's never been quite good at PR, because it could be done in 5 minutes by you (which you know won't happen) or that he might never disclose it (again, a possibility, not an absolute), you can't be assed to extend the courtesy
BTC-Mining: of not pressing "delete" on all the data for the ETF's for your customers' sake.
mircea_popescu: since for instance i announced the exact time, what's to keep customers from just saving a stat ?
smickles: BTC-Mining: i've lost too high a % of my net worth by extending people courtesies to continue the practice
BTC-Mining: You said YOURSELF you won't honor the statements if the information is released after December 1st.
smickles: < mircea_popescu> since for instance i announced the exact time, what's to keep customers from just saving a stat ?
BTC-Mining: What good would prior notice and saving the statement do?
smickles: doesn't that imply he'll honor them before dec 1?
mircea_popescu: BTC-Mining it at the very least changes the customer's position not one bit.
smickles: save it, send it off to amazon glacier
mircea_popescu: you were talking about "data being deleted". a customer wanting to push a claim would be in no worse position today, on the 5th of december 2012 or 2015
mircea_popescu: so at the very least under the guise of protecting your interest you're trying to tell me how to sort my files lol
mircea_popescu: which is hardly something you should be involved in ?!
mircea_popescu: there's two different things here, do you realise this ? your ability to prove that you owed X shares of Y is never going away. that's why you get stats.
mircea_popescu: (and that's why the mpex system is so good, incidentally)
BTC-Mining: It WOULD be good if you didn't keep any profit from that decision from GIGAMINING shares and donated it to a charitable cause.
BTC-Mining: It WOULD be good if you told Gigavps you were writing them off and we could give him those signed statements
smickles: BTC-Mining: i bet, that presenting a stat after info is released would get your benefit back
mircea_popescu: well or alternatively he could "sue" me on injust enrichment or w/e
BTC-Mining: No, Mircea clearly stated it would not give my benefit back.
BTC-Mining: After December 1st, if assets information is released, he won't honor any statements.
smickles: i took that to mean a stat made after dec 1
BTC-Mining: After december 1, no STAT will include any ETF holding because data will have been removed...
smickles: one local, one local bacup, one offsite backup
smickles: burden of proof is on the person making the positive assertion
smickles: (i.e. in this situation, the f.giga holder)
BTC-Mining: but that's the thing, Mircea said he would not accept any signed statement or backup of his database if asset information is disclosed after December 1st (from GLBSE part)
BTC-Mining: Not about statments from MPEx coming after december 1st because there would be none.
mircea_popescu: actually what it says is "held discarded as worthless"
smickles: yeah, well, i'm inclined to agree with that course of action myself :
mircea_popescu: it specifically does not say what happens if they even later prove to have been mistakenly discarded as worthless (as in, are worth something).
mircea_popescu: but as explained above, this does not actually degrade anyone's ability to prove that they did own them at some point.
BTC-Mining: But what good would that do to be able to prove you owned them at some point?
assbot: [MPEX] [S.MPOE] 26000 @ 0.00045764 = 11.8986 BTC [-]
assbot: [MPEX] [S.MPOE] 40699 @ 0.00046007 = 18.7244 BTC [+]
assbot: [MPEX] [S.MPOE] 22700 @ 0.00046017 = 10.4459 BTC [+]
assbot: [MPEX] [S.MPOE] 53175 @ 0.00046137 = 24.5333 BTC [+]
assbot: [MPEX] [S.MPOE] 12469 @ 0.00046613 = 5.8122 BTC [+]
assbot: [MPEX] [S.MPOE] 8239 @ 0.00046631 = 3.8419 BTC [+]
BTC-Mining: So the signed statements are pretty much... pointless, then.
assbot: [MPEX] [S.MPOE] 25814 @ 0.00046695 = 12.0538 BTC [+]
assbot: [MPEX] [S.MPOE] 43500 @ 0.00047111 = 20.4933 BTC [+]
assbot: [MPEX] [S.MPOE] 8271 @ 0.00047152 = 3.8999 BTC [+]
assbot: [MPEX] [S.MPOE] 29917 @ 0.0004727 = 14.1418 BTC [+]
assbot: [MPEX] [S.MPOE] 6000 @ 0.000475 = 2.85 BTC [+]
assbot: [MPEX] [S.MPOE] 11318 @ 0.00048 = 5.4326 BTC [+]
assbot: [MPEX] [S.MPOE] 28000 @ 0.00048021 = 13.4459 BTC [+]
assbot: [MPEX] [S.MPOE] 15864 @ 0.00048051 = 7.6228 BTC [+]
assbot: [MPEX] [S.MPOE] 3600 @ 0.00048135 = 1.7329 BTC [+]
assbot: [MPEX] [S.MPOE] 4644 @ 0.00048155 = 2.2363 BTC [+]
assbot: [MPEX] [S.MPOE] 27800 @ 0.00048252 = 13.4141 BTC [+]
assbot: [MPEX] [S.MPOE] 33300 @ 0.00048422 = 16.1245 BTC [+]
assbot: [MPEX] [S.MPOE] 9712 @ 0.0004874 = 4.7336 BTC [+]
assbot: [MPEX] [S.MPOE] 14978 @ 0.00048788 = 7.3075 BTC [+]
smickles: mircea_popescu: directly, if I had proof that i owned f.gigg.etf on dec 1, would you give me fair value of those shares at any point in the future if i relinquish my ownership of them?
BTC-Mining: Seriously, why do you even have them if you nor anyone else accepts them?
BTC-Mining: Okay, let's take it from another angle.
mircea_popescu: smickles i will (and always have) satisfy legitimate claims against myself.
mircea_popescu: now, it'll all come down to whether your claim is legitimate at thatp oint.
BTC-Mining: I'm really confused... can't you just say if you'll honor or not a valid claim to any shares?
mircea_popescu: no, cause it's a future question and i don't know the contingencies.
mircea_popescu: and i had to stick to "all i'll do is pass along all that's passed to me"
mircea_popescu: because i can't make future viewing statements on contingencies like that.
mircea_popescu: turns out i was responsible to do it, too, cause it prevented teh crisis from compounding to some degree.
BTC-Mining: Ok, so all signed statement has a CERTAIN claim value, but you won't pronounce yourself on that value until you know the facts regarding the future situation for such claims.
mircea_popescu: and i fully appreciate it may seem insane or w/e, but the fact of the matter is we are involved in very complex transactions and the only way to do all this is to do it CORRECTLY
BTC-Mining: We could have stopped this conversation 2 hours ago if you simply and clearly stated it that way then...
BTC-Mining: Because that is PERFECTLY fine with me.
mircea_popescu: BTC-Mining lol we talked of this before, i have no way of knowing from the onset what exactly is the form that's clear to you
BTC-Mining: Even with 1 month delays or even 1 week delays would be fine with me then...
mircea_popescu: well, i don't think it was wasted time, something tells me this discussion will form precedent for many later discussions.
BTC-Mining: If you don't want to pronounce yourself on something with unkown variables, just state it.
mircea_popescu: lol you know i could say "if you only asked this two hours ago" just as well :p
BTC-Mining: I understood it as any signed statement by MPEx would never ever be accepted in any circumstance by MPEx.
BTC-Mining: I think I asked something like, would you honor a signed statement? Which you answered as "No"
BTC-Mining: But I guess you were answering to the litteral sense of my question...
BTC-Mining: [22:21] <BTC-Mining> Will you honor the most recent data available as of who owns what of the ETF should the information be disclosed and you get access to the funds received through it?
BTC-Mining: [22:21] <BTC-Mining> I guess would be were I'm getting at.
BTC-Mining: I think that part 2 hours ago is where it happened...
mircea_popescu: but you said yes to smickle's 30 years and i said nope
BTC-Mining: No, I stated afterward I answered yes to your "lol srsly" as if it was an answer to my question.
BTC-Mining: I never addressed smickles or what he said at that point.
BTC-Mining: After that statement, I think it went unnanswered and we kind of dropped getting anything clear out of it =/
BTC-Mining: Well, if you don't mind, I have 2 final question.
smickles: oh gawd, i'm going to be in one of your posts looking silly again arn't i?
BTC-Mining: Suppose your ETF has 1000 units. Someone has 900 shares and a signed statement from November the 29th. Someone has 100 units and 10 accounts, and 10 statement from the 30th of november for 100 units, one for each of those accounts.
BTC-Mining: You would need the most recent database backup to identify legitimate claims would you not?
BTC-Mining: The first person never sold his 900 units and the other transfered the units from one account to the other to get his 10 statements.
smickles: i think something flew over your head
mircea_popescu: you for some reason seem to be mixing historical data with active data.
mircea_popescu: i'm not about to delete f.giga.etf entries from the historical records.
BTC-Mining: You're going to KEEP the trading data?
smickles: it's still a good idea to copy the db dump on dec 1
BTC-Mining: I understood it as you were going to delete ALL data...
mircea_popescu: what, am i going to log into twitter and delete tweets ?
mircea_popescu: contact everyone on irc list to the right ask them to wipe selected lines from their logs ?
smickles: mircea_popescu: do be sure to include my witty remark if you can :)
mod6: that was a looooong way to get a short distance
BTC-Mining: Mircea, but those twitter/IRC log does not contain who the shares are sent to.
mircea_popescu: BTC-Mining think for a moment, logically. in any possible implementation there'd be some dbs which hold records of what has happened. such as, who transfered what to whom, in sale or otherwise.
mircea_popescu: conceivably, one'd care to keep these later trimmed seeing how they're pounded possibly 1000s of times a second
mircea_popescu: one'd not give a shit about the former, and even keep most of them off the active db cause mpex doesn't need to review trade #5 at any point in november 2012
assbot: [MPEX] [S.MPOE] 7132 @ 0.00045764 = 3.2639 BTC [-]
assbot: [MPEX] [S.MPOE] 28200 @ 0.00045764 = 12.9054 BTC [-]
assbot: [MPEX] [S.MPOE] 5868 @ 0.00045762 = 2.6853 BTC [-]
mod6: haha, i was afk, then scrolled back. was thinking "didn't we just have this conversation an hour ago?!"
BTC-Mining: Aye, but that means signed "STAT" statements are not useful at all to prove ownership of anything at any point other than the moment it was created.
smickles: I know for a fackt that mircea_popescu has a cron job of rm -rf /home/user/mpex/db.sql
BTC-Mining: Meaning you need the actually trading statements to identify legitimate holders.
mircea_popescu: signed stats do exactly what they do : they show that at time X you had Y.
mircea_popescu: no more, no less. this is the most they could do, too.
BTC-Mining: So you would, theorically, need a database backup to be used in a claim. Signed "STAT" statements are not receivable.
mircea_popescu: what's not receivable mean ? they're not negotiable instruments, no.
mircea_popescu: but the chain of dispute is very simple and efficient. let me explain it.
BTC-Mining: Not as in negociable instruments. Receivable has offering any proof of ownership later than the date it was issued.
mircea_popescu: either person has or has not a stat to back their complaint. if they do not, complaint is invalid.
mircea_popescu: II. MPEx reviews complaint. either it has or it has not ulterior transactions signed by person
smickles: wow, you have written policy, don't you, I've gone thru this exact proceeding
BTC-Mining: So you need to keep all transactions data for that, as proof we signed them at a later date.
BTC-Mining: And as such will keep the transactions data for the ETF.
mircea_popescu: the transaction (in general, the historical) data was never in discussion.
BTC-Mining: When you said you'd delete ALL data for the ETF, I understood it as ALL the data. Including signed transactions...
mircea_popescu: i didn't say i delete all data lol. i said the shares are discarded as worthless
mircea_popescu: wtf, delete signed orders create chaos. heck, why not, lets have fun
smickles: he's going to quote you saying something
smickles: 02:18 < mircea_popescu> BTC-Mining i can't delete "all data" man. the signed stats will forever exist.
smickles: 04:01 < mircea_popescu> you were talking about "data being deleted". a customer wanting to push a claim would be in no worse position today, on the 5th of december 2012 or 2015
smickles: 04:35 < mircea_popescu> i'm not about to delete f.giga.etf entries from the historical records.
smickles: 04:37 < mircea_popescu> what, am i going to log into twitter and delete tweets ?
smickles: 04:46 < mircea_popescu> i didn't say i delete all data lol. i said the shares are discarded as worthless
smickles: 04:47 < mircea_popescu> wtf, delete signed orders create chaos. heck, why not, lets have fun
smickles: last 1000 lines, every time mircea_popescu said delete
smickles: mircea_popescu: is your reddit user private or something?
BTC-Mining: Mea culpa I guess. You were talking about how it's unreasonable to keep the data indefinitly. I understood it as all the data. I pointed out I was annoyed by this.
BTC-Mining: [21:07] <BTC-Mining> Keeping the data aside doesn't cost much logistically.
BTC-Mining: [21:07] <mircea_popescu> well, it is kept aside if you keep your stats.
BTC-Mining: [21:08] <mircea_popescu> mpex isn't designed to be a sort of glbse
mircea_popescu: for misstating facts, jumping to conclusions and other crmes
BTC-Mining: I understood it as data would be preserved within the saved "stat" data.
BTC-Mining: Not that related transaction data would be kept and compared against
BTC-Mining: Nefario claimed not to be using user's funds. Theymos, thinking "wait, Nefario certainly does not have the money to pay for it, he probably used the users's funds". And went ahead making an official statement that Nefario used. Now that's assumption put forward as facts. You stated the data for the ETF would be deleted (A general statement which seems to indicate any data related would
BTC-Mining: be erased), that data would be kept along signed statement (as in all your data too, it was a bit of confusion in my understanding), and then the part with smickles where it went unanswered if you'd honor signed statements (not very useful if you don't keep your part of the signed data).
BTC-Mining: As such, I might have been wrong. But I never presented it as a fact. Although technically we're on a public medium in this channel, this was a conversation between you and me.
mircea_popescu: <strong>BTC-Mining</strong> If you don't know the facts, he claims to have asked the FSA about it long ago but they claimed not to be concerned by anything Bitcoins related. (Probably miscommunication). Trying to go legal, he consulted again and was told to stop or he could be charged.
mircea_popescu: <strong>mircea_popescu</strong> you know this as a fact ?
BTC-Mining: Misstating fact would be me going right away without further discussion or confirmation on bitcointalk loudmouthing how it is a fact you'll delete all signed transactions for the GIGA.ETF rendering taking backups useless.
BTC-Mining: I came for answers and although your statements were a bit cryptic at first, I ended up with my answers.
BTC-Mining: As for the other part where I claim facts, I cannot actually claim direct sighting of those facts.
mircea_popescu: hey, so did everyone else. WHETHER THEY WANT TO OR NOT!!1
BTC-Mining: Only that I know of it from Nefario's meeting with the shareholder, for which the log is not disputed by any shareholder.
mircea_popescu: nefario has this bad habit of lieing through his teeth.
assbot: [MPEX] [S.MPOE] 23244 @ 0.00045762 = 10.6369 BTC [-]
assbot: [MPEX] [S.MPOE] 31616 @ 0.00045734 = 14.4593 BTC [-]
BTC-Mining: No, but some credible or related people have made the claims and have seen them. And I said the fact was Nefario CLAIMED it, not if he lied or not about it.
mircea_popescu: i've been so far perfectly unable to confirm much of it. but who knows.
BTC-Mining: My complain is people passing as fact something they have no credible claim to pass it as a fact.
BTC-Mining: Like theymos passing as a fact Nefario was using user's funds solely because "He thought so"
BTC-Mining: While what I claim Nefario claimed has a public log not contested by GLBSE shareholders of their meeting.
mircea_popescu: (knowing that he had spent glbse money w/o permission, which isn't disputed)
BTC-Mining: No one has any proof Nefario used any of GLBSE's users funds to pay for his lawyer. Theymos just decided it was so.
BTC-Mining: While the log for the meeting is not disputed by multiple people being witness of said conversation, which gives a certain credibility and Nefario said what he said in thos logs.
BTC-Mining: One is completly hypothetical and based on nothing. The other is based on multiple witness accounts.
mircea_popescu: it's in those same logs that nefario spent glbse/bcglobal money w/o asking.
BTC-Mining: He said he wanted Bitcoin Global to pay for the lawyer he hired for himself.
BTC-Mining: He denied that he used the users' funds for it and merely claimed to want the expenses to be paid by Bitcoin Global which had money that was not the users' funds.
BTC-Mining: Theymos decided to screw it and just tell everyone Nefario used the users' funds to pay for his lawyer.
BTC-Mining: At least this is what the logs afterward seems to show and he didn't dispute them.
BTC-Mining: I'd have to find it, but I even recall theymos later posting that he had no actual idea if Nefario did that, he just thought he probably did.
BTC-Mining: Note that my previous statement states that I "recall" seeing such a post, not that it actually happened.
BTC-Mining: Well that's not it... but it's interesting nonetheless...
BTC-Mining: Not at all... Looks like theymos is doing something else completly on his side.
BTC-Mining: He only indirectly admits it in this one, but should be sufficient.
BTC-Mining: The point being, there's a difference between made up scenarios you have in your head and "facts" involving direct claims/witnesses.
BTC-Mining: And I don't like people rushing things as fast on the forum without any proof or reasonable evidence.
BTC-Mining: Hence why I asked you here for more info (got satisfied), instead of going on the forum creating more drama.
assbot: [MPEX] [S.MPOE] 11700 @ 0.00045826 = 5.3616 BTC [+]
knotwork: * mircea_popescu wonders if everyone else is alseep/sexting/busy not giving a shit or quite the contrary, in awed silence at the sheer genius of the debate unraveling before their very eyes.
knotwork: Not asleep, just taking a long time to backtrack to figure out if the whole dramafest-recap-and-rerun was ultimately just something thinking "discard as worthless" implied or intended "deletion of records"
mircea_popescu: well i guess all this is new, so people make varied assumptions
knotwork: (yes we deleted the shares as worthless. Oh suddenly dividends turn up? no we didn't delete rcords, presto undelete...)
assbot: [MPEX] [S.MPOE] 300 @ 0.00046 = 0.138 BTC [+]
knotwork: oops s/yes we deleted/yes we discarded/ ... s/presto undelete/presto dumpsterdive/
knotwork: a technical loophole - we dis-carded as in its not writ on stone nor cardboard anymore, more of a mere paper trail ow
mircea_popescu: you know, you can't just not show people symbols in stats w/o teling them in advance
knotwork: Or are you basically trying to buy them all back so that by the time they are "discarded as worthless" no one is stuck with any anyway?
mircea_popescu: no, im just trying to explain to ppl why starting dec 1st there won't be any f.giga.etf listed in their STAT responses
knotwork: oh right, the real actual effect is actual de-listing
knotwork: the "discarded as worthless" part is what? more a colloquialism? or a technical term meaning something specific?
knotwork: I have lots still in backscroll I havent scrolled back as far as yet
knotwork: seems maybe similar/related to the "a beneficiary was intended" stuff in contracts, mentioned in some pirate threads
knotwork: you got the stuff from Nefario/GLBSE for the purpose of others receiving it
knotwork: so even though it was you who dealt with Nefario the people you got them for still have claim through to Nefario, "in equity", maybe
knotwork: so I dont see much big reason why you should be prevented from bowing out
knotwork: but, you did use the term ETF rather than pass-through, even though you also commented maybe casually rather than stated officially/technically that it was kind of sort of maybe at least much akin to a passthrough
BTC-Mining: Well, basically, yes. I was asking mircea about what was going to be deleted and understood his statements differently than what he meant.
BTC-Mining: In the end, everything was fine, but we each lost ~2-3 hours of meaningless argumentation.
BTC-Mining: Hmm, I somehow managed to end up reading a thread about some Intersango drama dating september 2011
BTC-Mining: [05:34] <phantomcircuit> BenDavis, we're an agent
BTC-Mining: [05:34] <phantomcircuit> so the answer isn't yes or no
BTC-Mining: [05:34] <@BenDavis> Are they YOUR coins, yes or no.
BTC-Mining: [05:34] <@Geebus> By that definition, our users have stolen 26200 bitcoins from us through transactions we have sent to them.
BTC-Mining: [05:35] <@BenDavis> So. You sending them when they are not yours... makes YOU the thief.
BTC-Mining: It looks like BenDavis has no understanding of the concept of "intent" in the law.
assbot: [MPEX] [S.MPOE] 9500 @ 0.00046026 = 4.3725 BTC [+]
knotwork: ok done the backscroll. Sounds like MPEx should do like GLBSE ought to, which is, release the info to in this case givavps
knotwork: send gagavps data that will allow MPEx people who held gigavps shares through GLBSE->MPEx to contact giva directly
knotwork: since people were explicitly warned up front that whether the PGP identity they use at MPEx would correlate to their real identity was in their own hands,
knotwork: possibly it might even be that MPEx can simply directly tell gigavps which PGP identity held how much
knotwork: I say "possibly" because I do not recall whether MPEx let me use as my PGP identity my normal one, my OTC one, whose publicly listed email address does not exist
BTC-Mining: It seems that if appropriate and feasible, and someone makes a claim with a signed statement Mircea finds out to be receivable, he will honor the claim.
knotwork: I think MPEx did let me do that, and if so, then anyone could have made up any ficitional but syntactically possible email address to make up a PGP identity for
knotwork: thus whether giga would learn who they are given their PGP identity is up to them, as they were told from the start
knotwork: I am pretty sure MPEx does not refuse email orders that come from an email address that is not officially tied to the PGP identity whose orders that email address is sending
knotwork: Because, I recall being annoyed recently at some other site or service or somesuch that rejected my PGP identity seemingly due to its email address (one that does not exist thus doesnt receive spam) not being where I emailed from
knotwork: doesn't MPEx take orders via email?
knotwork: I thought I registered there by sending a PGP-crypted email?
knotwork: later I say one could paste into a web form but was that the only way? was there never a send orders by email?
knotwork: Mircea should not have to worry about later claims and honouring them
knotwork: he should just send giga the list of shareholders just like GLBSE is theoretically imagined to be planning to maybe someday do
mircea_popescu: knotwork "anyone could have made up any ficitional but syntactically possible email address to make up a PGP identity for" << this part is correct
knotwork: but unlike GLBSE he need not do weird codes shit, since he told everyone up front that if they want to be anonymous they should create a PGP identity no one knows is them. didnt he? or am I confused having just read bunch of how to Torify email sites?
mircea_popescu: BTC-Mining back a year or so ago mpoe traded by email. i think knotwork isn't up to date with the new trade paradigm
mircea_popescu: knotwork nah gpg string is just submited as a post to an url.
knotwork: My OTC identity is webmaster@makemoney.knotwork.com, which deliberately is no longer spammable
knotwork: some idiot service recently refused to let me use that identity because I sent them the email from a real email address that can actually accept email
knotwork: so there ya go mircea, just give giga the full data on how much of your passthrough each PGP identity owned
knotwork: was the scale such that some owners might have owned thereby a fractional number of actual gigavps?
knotwork: or was it scaled so it can even actually come out as integers?
knotwork: regardless, giga can no doubt handle it, nd you can give him that info sooner than he hears from GLBSE how many actual shares your entire bunch of PGP people had between them
knotwork: oh is he one of the "I never sold anyone anything" like Goat not long ago said?
BTC-Mining: I don't see mircea going around asking the ETF holders if they want their information disclosed to Gigavps
knotwork: their infomration wont be disclosed to gigavps
knotwork: only the information about a bunch of anonymous sock puppets / PGP identities would be released
knotwork: any relation between those identities and actual people the people were warned up front not to cause/create
smickles: i'm sure not everyone did that
mircea_popescu: knotwork there's plenty of problems. for once the scale is 1:1000, for another it wasn't a direct holding, and i see no good reason to pressure giga this way (which would be really abusive tbh)
knotwork: I deliberately used my best known PGP identity
smickles: and why should giga trust that mircea_popescu only issued a proportional amount of the etf shares?
mircea_popescu: and in general it'd be a premier way to cause a mess. i'll pass
knotwork: so if I owned giga passsthrough shares I would of course suffer the consequences of having used a known identity
BTC-Mining: I believe he'll pay out what Gigamining's shares pay to the ETF holder if any receivable claim arrise in the future, where the info would eventually be disclosed and Gigavps would resume payments, and where the claimer has receivable proof he held ETF units.
BTC-Mining: and possibly other conditions I'm missing
mircea_popescu: knotwork this is something that MAY happen, but i'll still try and protect them
mircea_popescu: BTC-Mining i tell you, the shit we get involved in here would put to shame a full fledged commercial paper litigation house
knotwork: I was an early adopter invitee, so possibly the invite actually was contingent upon my using my OTC identity?
smickles: i think you only had to prove an ident was you, not have it be the ident for mpex
knotwork: though had I wanted to use an anonymous one maybe ...
knotwork: I would have come here and argued for it, proven it was me
smickles: heh, sry to seal you thunder :)
knotwork: also it was more about issuing assets maybe than buying other peoples assets
BTC-Mining: Mircea, they'd all say: "We're sorry, but the criterions for your case does not make you not eligible to be a client of ours."
knotwork: he wanted well known/identified people to come look at his system and consider issuing something there
BTC-Mining: Where criterions are the applicable laws and the fact the case does not bring any receivable proof for the litigation to apply those laws.
smickles: oh, that musta been beta b/f the beta i knew of
assbot: [MPEX] [S.MPOE] 2900 @ 0.00046026 = 1.3348 BTC [+]
smickles: or maybe another side of the same 'beta-coin'
knotwork: re "They", maybe "they" would say of course your offshore corp in a place that doesnt reveal corp owners is not anonymous and we will not hide its identity
knotwork: in other words, if you wanted anonymity you provided it to yourself if you didnt well sorry you didnt, not my problem
knotwork: your PGP identity is your offshore or not corp that does or does not reveal its owners
BTC-Mining: I meant that for any case where funds were stolen, you'd have to prove in courts who you sent the bitcoins to.
BTC-Mining: And that may well be denied by the defendant and impossible to prove.
knotwork: to prove someone stole my wallet I have to prove where I spent its contents?
BTC-Mining: No, to prove someone stole your funds, you'd have to prove you ever sent it to that person.
knotwork: no, that would be to attempt to claim fraud or fiduciary negligence etc
knotwork: stolen is when I didnt send them to anyone yet I no longer have them
knotwork: sending them to someone who then fails to do right by me in regard to them is a bit more complicated
knotwork: it gets into why I sent them to them in the first place
BTC-Mining: Ah, sorry. I was not using legal terms, only the general meaning of stealing.
knotwork: and I do not have to prove I sent them, the blockchain proves a certain private key ordered them sent
BTC-Mining: And if that person was always dealing from TOR, never tied the bitcoins to a transaction toward one of his bank account and denies owning the address, you can't provide a proof.
knotwork: and that same private key can also sign a digital statement to the effect that it wants them back and why
smickles: BTC-Mining: i dunno, i hit mircea's paywall
knotwork: oh he has one of those you read too much things?
knotwork: take it as a hint that you read too much :)
BTC-Mining: knotwork, yes there's signed digital statements, but I meant to answer Mircea's statement about commercial litigation house
BTC-Mining: Where if you were to pursue some actual person for financial fraud.
smickles: wow, you get 1000 article views for 1 usd in btc
knotwork: nah it'd have to be a PGP-class action suit :)
knotwork: some lawyer pursuing the person on behalf of a bunch of layr-client-priviledged PGP keys
knotwork: treat it as them being the lawyer's sock-puppets
smickles: "Trilema happens to be the first blog in the world that switched to a paid model, imitated about a year later by The New York Times."
knotwork: no need for any of them to actually ever have been anyone else
BTC-Mining: Which would be worthless, considering most scammers in Bitcoin where always on TOR and used gpg identity not officially tied to anyone.
BTC-Mining: Their simple denial to have any knowledge of it ever happening or holding the coins would be accepted and they're free.
knotwork: Yeah I learned years ago that I read the NYT and WSJ and such way too much
BTC-Mining: There's no proof, if the scammer was careful and went away with funds.
knotwork: too much being, once in a few years
knotwork: BTC-M, also no way to get my coins without hacking my machine / coldwallet :)
knotwork: or are you implying I was born yesterday? :)
BTC-Mining: Well... I don't know... I suppose each other throwing general statements we already know at each other just like that is quite pointless...
BTC-Mining: I motion that we stop this topic this instant. All in favor:
assbot: [MPEX] [S.MPOE] 1139 @ 0.0004606 = 0.5246 BTC [+]
assbot: [MPEX] [S.MPOE] 14861 @ 0.00046355 = 6.8888 BTC [+]
mircea_popescu: Some user used an SQLi to get into the System and stole the API keys from the users.
assbot: [MPEX] [S.MPOE] 26539 @ 0.00046355 = 12.3022 BTC [+]
assbot: [MPEX] [S.MPOE] 15961 @ 0.0004636 = 7.3995 BTC [+]
mircea_popescu: so who wanted to play monopoly yest ? smickles ? thestringpuller ?
Anduck: mircea_popescu: #bitcoin-monopoly
Anduck: we've gathered people there who wants to play monopoly
Anduck: monopoly itself is via client-server but we sometimes to btc buy-in, winner winning all
Anduck: yeah its for linux/mac/windows
Anduck: well if everyone plays without afking it's fast
Anduck: if someone goes afk after his turn it will take long =D
Anduck: copumpkin btw i did get banned for practicly no reason
Anduck: did not yell or claim anything to him via pm, it's nonsense
Anduck: it's just sad he's humiliating me there. and my friends, too
Anduck: "let's ban the kids" and bans 3 more guys
gribble: You rated user gmaxwell on Sun Apr 8 09:54:19 2012, giving him a rating of -10, and supplied these additional notes: hypocritical idiot..
assbot: [MPEX] [S.MPOE] 23279 @ 0.00045922 = 10.6902 BTC [-]
assbot: [MPEX] [S.MPOE] 25921 @ 0.00045853 = 11.8856 BTC [-]
gribble: Rating entry successful. Your rating of 3 for user mircea_popescu has been recorded.
mircea_popescu: i cut down btc, i wear high heels, suspenders aaand a braa
assbot: [MPEX] [S.MPOE] 24427 @ 0.00045853 = 11.2005 BTC [-]
assbot: [MPEX] [S.MPOE] 23895 @ 0.00045811 = 10.9465 BTC [-]
mircea_popescu: i think education that does not include regular beating is an exercise in stupidity indistinguishable from welfare.
Diablo-D3: violence is not the answer, mircea_popescu.
mircea_popescu: make a rule that all kids scoring in the last quartile of their class take ten across the buttocks
mircea_popescu: that's why the chinese have taken over the past 20 years
Diablo-D3: well, then you have to actually quantify what "china taking over" is
Diablo-D3: because remember, they owe the federal reserve more money than the US government owes china
Diablo-D3: yes, most of the money china loaned us, the federal reserve loaned them
copumpkin: I'm not sure the US education system is trying to optimize for "made in the US"
copumpkin: not that I think it's all that great, either
copumpkin: it just doesn't seem like a particularly meaningful metric to measure by
Diablo-D3: its optimizing for "the US owns the company who made it"
mircea_popescu: copumpkin are you familiar with how archeologists score dominance in the field ?
Diablo-D3: mircea_popescu: okay, so the jews were dominant in egypt?
Diablo-D3: they built the pyramids after all.
Diablo-D3: mircea_popescu thinks he knows things, how cute
copumpkin: they do it that way presumably for lack of better data
Diablo-D3: go back to "beating" your "women", and by that, I mean posting images and saying its you.
copumpkin: I don't really care what archeologists will think
mircea_popescu: copumpkin you're welcome to show your preferred data is better.
Diablo-D3: unfortunately, the time of archaeologists is over
copumpkin: if we pay a bunch of poor laotians to make our sweaters, and all our sweaters are made in laos, that doesn't mean laos is taking over
Diablo-D3: too much data from this time period will permanently recorded
copumpkin: it also doesn't mean they're better educated
mircea_popescu: copumpkin did you just take a system, posit that it's wrong and thus proved it being wrong ?
mircea_popescu: cause im starting to dislike british education too by this measure.
copumpkin: nope, I thought you were advocating doing that?
copumpkin: I wasn't educated in the british system
mircea_popescu: i said the chinese were taking over, asked how do i measure this i showed how i measure it.
assbot: [MPEX] [S.MPOE] 9548 @ 0.0004619 = 4.4102 BTC [+]
mircea_popescu: the system as presented stands. inconvenient as that may be ideologically.
copumpkin: mircea_popescu: yeah, and I just pointed out that it sounds silly with my laotian example
mircea_popescu: but i;'dbe very interested to hear mopre about this "us ultimately owns the money, and it lent it to china for china to lend it back"
Diablo-D3: seriously, delicious boobs, om nom nom
copumpkin: it'd be funny if someone awarded him an honorary one
copumpkin: mircea_popescu: but I don't have a wife!
mircea_popescu: copumpkin even better, imagine the expense and difficulty of beating the wife you don';t even have. dr. dre got your ass!
copumpkin: I'm gonna go buy some of his beats
Diablo-D3: black people, fresh off the boat from africa, were dominant in the south before the civil war
copumpkin: Diablo-D3: don't you usually use another word for them?
mircea_popescu: you need to stop glossing when trying to think, it's unseemly.
Diablo-D3: copumpkin: no, I reserve that word for the black people who bring up that their ancestors were such and that it means something in their daily lives
Diablo-D3: mircea_popescu: okay so, the black slaves _did_ do all the work and make all the items
Diablo-D3: all food was handled by slaves, from the fields to the dinner table.
mircea_popescu: they made pretty decent music, which would count as an item for this conversation, except it wasn't valued at the time. arguably that gives them a leg to stand on
Diablo-D3: food is the single largest industry in the world, and has been so for the past 6000 years.
mircea_popescu: hence all the current attention being paid to niggers in the us.
mircea_popescu: food is however not much of an item in this discussion
Diablo-D3: so the _single largest industry in the world_ is not viable for this discussion? the hell?
Diablo-D3: thats some republican style debating going on there.
Diablo-D3: yes, we're discussing if china is dominant or not
Diablo-D3: and Im of the camp that they're not, not when they owe us that much money
mircea_popescu: now, in china iron pots and pans handle most of the food
mircea_popescu: does this mean the evil empire of iron pots is dominant in china ?
pigeons: always seems to be an intelligent discussion when the n word is used
Diablo-D3: china's GDP is $11 trillion, they owe us around twice that.
Diablo-D3: (thats a little over $8k per capita, btw)
pigeons: i love monty python too but i dont pretend it makes calling people that name any less silly
Diablo-D3: so either they're our slave labor (at worst) or we just own all the major exporting companies (at best)
mircea_popescu: actually as it stands right now, the chinese own more of the us than americans do.
Diablo-D3: mircea_popescu: yes, so? they owe us around twice their GDP.
Diablo-D3: anything china owns in us, we own by default.
Diablo-D3: now, if they were to pay what they owe, yes, you would have a legitimate argument
Diablo-D3: now, normally I would say our investment in their country was a good one, except the federal reserve did it without foreknowledge of congress or the treasury or the president.
Diablo-D3: technically, congress could force china to pay back the entire amount now since the contract may not have been legal to begin with.
Diablo-D3: I would rather go for a debt swap however. they owe us slightly more than we owe them.
Diablo-D3: it would collapse the chinese economy, but thats not my problem.
Diablo-D3: they make about 5% annually on the trade difference due to the debt, or about $1.1 trillion a year.
mircea_popescu: i happen to think this conversation is a great argument for educational brutality.
copumpkin: you'd better, or he'll do it to you
mircea_popescu: but i imagine a correct solution would be something like, make further endowments dependent on beatings documentation.
assbot: [MPEX] [S.MPOE] 3561 @ 0.0004636 = 1.6509 BTC [+]
jurov: can't exactly name it
assbot: [MPEX] [S.MPOE] 25878 @ 0.0004636 = 11.997 BTC [+]
assbot: [MPEX] [S.MPOE] 30900 @ 0.00046437 = 14.349 BTC [+]
assbot: [MPEX] [S.MPOE] 26190 @ 0.00046532 = 12.1867 BTC [+]
assbot: [MPEX] [S.MPOE] 1700 @ 0.00046553 = 0.7914 BTC [+]
assbot: [MPEX] [S.MPOE] 11100 @ 0.00046819 = 5.1969 BTC [+]
assbot: [MPEX] [S.MPOE] 23200 @ 0.00047029 = 10.9107 BTC [+]
assbot: [MPEX] [S.MPOE] 35700 @ 0.00047077 = 16.8065 BTC [+]
assbot: [MPEX] [S.MPOE] 7700 @ 0.0004739 = 3.649 BTC [+]
assbot: [MPEX] [S.MPOE] 22622 @ 0.00048788 = 11.0368 BTC [+]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00048934 = 2.7403 BTC [+]
assbot: [MPEX] [S.MPOE] 10000 @ 0.00049999 = 4.9999 BTC [+]
assbot: [MPEX] [S.MPOE] 199410 @ 0.0005 = 99.705 BTC [+]
jurov: in similar situation i'd prolly just start to troll btc-mining or fell asleep
jurov: couldn't believe how it went on and on
mircea_popescu: good future investment, people can just be given a link
jurov: i think i'll bring it to next level and start tvtropes page about trilema blog...
jurov: and about this chan
mircea_popescu: iirc when a girl pointed that site to me i got lost in there for 30 hours
jurov: you see. then, when some dispute is imminent, just hand'em this combined trilema/tvtropes tranquilizer
jurov: MPOE-PR: Trope namer :DDDD
mircea_popescu: an ACTUAL girl on the internet that everybody talks to as if it were some guy.
mircea_popescu: in spite of her right boob flippantly falling out of her blouse
mircea_popescu: i don't hate them, they just don't pay enough to be bothered.
pigeons: yeah his son did. but some say zeus castrated chronos like chronos did to uranus
assbot: [MPEX] [S.MPOE] 18000 @ 0.00048 = 8.64 BTC [-]
jurov: live.coinbr.com looks epic nao :)
assbot: [MPEX] [S.MPOE] 82000 @ 0.0005 = 41 BTC [+]
jurov: just computed value of my mpoe shares for first time in few months ... fuck i'm rich now!
mircea_popescu: i made some offer to forum ppls to get 10k share blocks a while back
jurov: personal offers? completely missed that
jurov: all together, my IPO investment value multiplied ~ 24x in euros ... fucking can't believe it.
mircea_popescu: jurov : mpoe.etf went up 1200% by the time it was dissolved.
jurov: it clearly shows how inflationary currency those euros are
assbot: [MPEX] [S.MPOE] 17900 @ 0.00048643 = 8.7071 BTC [-]
assbot: [MPEX] [S.MPOE] 22000 @ 0.00048554 = 10.6819 BTC [-]
dub: that dude is so fucking retarded it hurts
mircea_popescu: pigeons iirc threw a fit too. why do you all hate gage!
pigeons: cause there is enough diareah on the forum, don't encourage more
dub: joel wins that forum clearly
mircea_popescu: Miscellaneous policy-based unjust factors such as 'withdrawal within the locus poenitentiae'
dub: loupgaroux is just a cronic masturbator, contradicts himself constantly
mircea_popescu: latin phrase "in locus poen" becomes within the locus on wikipedia
dub: gage I get a distinct paranoid schizophrenic hillbilly signal from
dub: mircea_popescu: sure there is some wit to a few of his posts but he likes himself too much and really doesnt have a lot of depth
assbot: [MPEX] [S.MPOE] 3000 @ 0.000475 = 1.425 BTC [-]
dub: he'll rant and rave on one subject and completely contradict himself in the next post
dub: channeling that ciuciu moron
pigeons: i lost the password for that account
mircea_popescu: it's kinda funny when various internet entities who we are expected to treat like, you know, as if they were human beings, with rights and all
assbot: [MPEX] [S.MPOE] 8820 @ 0.00048137 = 4.2457 BTC [+]
assbot: [MPEX] [S.MPOE] 26356 @ 0.00048792 = 12.8596 BTC [+]
assbot: [MPEX] [S.MPOE] 4924 @ 0.00049519 = 2.4383 BTC [+]
assbot: [MPEX] [S.DICE] 1820 @ 0.00339944 = 6.187 BTC [+]
jurov: nice, but the II., IV., VI. graphs suck, sorry
jurov: you can't compare the two depicted values
jurov: nor get at least approximate numbers off them
jurov: for example in II , can anyone guess to which weeks belong the two short position (red) spikes?
jurov: mircea, maybe you should outsource all graphing (nudge, wink)
mircea_popescu: are you working off the small versions or did you click the graphs ?
jurov: magnification help a bit, but only a bit
assbot: [MPEX] [S.MPOE] 4199 @ 0.00048679 = 2.044 BTC [-]
jurov: nah, i don't feel like bitching today again, after that yesterday's letting off steam over jsonrpc :)
jurov: if it bothers anyone else, please explain it to mircea
mircea_popescu: but as to "which week" : the simple way to interpolate 3d graphs is to look at the angle gain.
mircea_popescu: there's 140 px angle gain between front of front column and back of back column
mircea_popescu: (the angle gain you see in the right hand edge of the graph)
pigeons: bah, not very accessible to the angle blind
jurov: supposedly it's also possible to make things both spiffy and clearly readable
dub: one 24 hour day at work and I'm broken
assbot: [MPEX] [S.MPOE] 3000 @ 0.00048528 = 1.4558 BTC [-]
dub: in my youth I didn't need sleep at all :(
smickles: plaintext pw is no good people
smickles: this site in question has no js on it
mircea_popescu: i checked it out earlier, but... i ain't installing softwarez
smickles: sure :) you going to actually be awake?
smickles: mircea_popescu: you don't have a laptop that has nothing valuable on it?
assbot: [MPEX] [S.MPOE] 5197 @ 0.00048528 = 2.522 BTC [-]
smickles: really? people don't make meatloaf anymore?
smickles: well, it's actually 6, but there are 2 extra lines for readability
kakobrekla: it if doenst require too much attention i can try as well
mircea_popescu: meh, it won't install and i dun have the patience to debug it.
assbot: [MPEX] [S.MPOE] 23700 @ 0.00048551 = 11.5066 BTC [+]
assbot: [MPEX] [S.MPOE] 19903 @ 0.00048528 = 9.6585 BTC [-]
assbot: [MPEX] [S.DICE] 443200 @ 0.0033845 = 1500.0104 BTC [-]
gribble: BTCUSD ticker | Best bid: 11.16861, Best ask: 11.17980, Bid-ask spread: 0.01119, Last trade: 11.16861, 24 hour volume: 38005.85903264, 24 hour low: 10.70543, 24 hour high: 11.18799, 24 hour vwap: 10.98574
assbot: [MPEX] [O.BTCUSD.C100N] 1000 @ 0.42679787 = 426.7979 BTC [+]
assbot: [MPEX] [O.BTCUSD.C110N] 800 @ 0.38438129 = 307.505 BTC [+]
assbot: [MPEX] [O.BTCUSD.C120N] 600 @ 0.35136273 = 210.8176 BTC [+]
assbot: [MPEX] [O.BTCUSD.C130N] 400 @ 0.32453329 = 129.8133 BTC [+]
assbot: [MPEX] [O.BTCUSD.C140N] 200 @ 0.3026916 = 60.5383 BTC [+]
smickles: <@assbot> [MPEX] [S.DICE] 443200 @ 0.0033845 = 1500.0104 BTC [-]
PsychoticBoy: almost every asset issuer on GLBSE is taking btc and leaving
dub: I thought only people that personally contacted nefario through some secret handshake process got btc
dub: s/secret handshake/reacharound/
dub: I'll contribute to your travel :)
PsychoticBoy: I give him a handshake PERSONALLY and he gives btc, deal
dub: then I can give myself that reacharound
PsychoticBoy: had more than 2K btc worth of assets and more than 200 btc cash, where is it??????????????
dub: don't worry deadterra got paid
thestringpuller: PscyhoticBoy how many coins does your mining rig get you a day?
PsychoticBoy: 4-5 btc sringpuller (ABM only has 1 single the rst is personal)
mircea_popescu: im looking forward to 2015 or so, when asics have become well established, there's a few classic chip designs
dub: when DMC is up and running
dub: in 2015 eveyone will be panicing about worthless 1st gen asics because BFL will have a nanotube asic out in november
PsychoticBoy: sure thing is, this whole GLBSE, DMC, usagi and you name them I know more and you do too saga is kinda funny in a way
dub: it will generate 1.21yotahash and feed excess power it draws from the planck field back into the grid
PsychoticBoy: maybe its a good idea to add mpex to the hidden wiki
assbot: [MPEX] [S.MPOE] 32099 @ 0.00048181 = 15.4656 BTC [-]
assbot: [MPEX] [S.MPOE] 6401 @ 0.00048181 = 3.0841 BTC [-]
assbot: [MPEX] [S.MPOE] 11978 @ 0.00048137 = 5.7658 BTC [-]
assbot: [MPEX] [S.MPOE] 23921 @ 0.00048052 = 11.4945 BTC [-]
jurov: prolly bot is having vacation
smickles: thestringpuller: there is occasionally a gap b/t when mircea's bot cancels its orders and replaces them at a new price
mircea_popescu: sometimes it doesn't run fast enough and the orders expire before new orders being put in
mircea_popescu: (someother times it has two sets of orders in briefly)
assbot: [MPEX] [S.MPOE] 27390 @ 0.00048052 = 13.1614 BTC [-]
assbot: [MPEX] [S.MPOE] 9300 @ 0.00047901 = 4.4548 BTC [-]
assbot: [MPEX] [S.MPOE] 3265 @ 0.00047668 = 1.5564 BTC [-]
jurov: haha, unlike my attempts to cancel and quickly put new orders
assbot: [MPEX] [S.MPOE] 41935 @ 0.00047668 = 19.9896 BTC [-]
assbot: [MPEX] [S.MPOE] 1365 @ 0.00047666 = 0.6506 BTC [-]
assbot: [MPEX] [S.MPOE] 17500 @ 0.00047666 = 8.3416 BTC [-]
mircea_popescu: jurov : they cancel automatically cause the bot places them with expiration set.
assbot: [MPEX] [S.MPOE] 20786 @ 0.00047859 = 9.948 BTC [+]
assbot: [MPEX] [S.MPOE] 4114 @ 0.00047859 = 1.9689 BTC [+]
assbot: [MPEX] [S.MPOE] 1099 @ 0.00047821 = 0.5256 BTC [-]
jurov: yes, i cancelled tham manually
assbot: [MPEX] [S.MPOE] 31200 @ 0.00047757 = 14.9002 BTC [-]