tmsr - Log 2012-10-19

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: and no, mpoe is worth like 6mn now.

thestringpuller: wow

thestringpuller: congrats dude fo realz

thestringpuller: a lot haters out there

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.

thestringpuller: behind every successful person lies a pack of haters

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: like the people who trash you on the forums like children

mircea_popescu: eh the forum

mircea_popescu: half o' those dunno what day it is.

thestringpuller: qq real quick off topic sorta: why is s.dice illiquid atm?

thestringpuller: is it because of the last dividend payment?

mircea_popescu: i dunno

mircea_popescu: !ticker s.dice

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: kinda weak huh.

thestringpuller: yea

thestringpuller: i was gonna try to market make

thestringpuller: but whats the point...

mircea_popescu: somebody had a nice analysis thread in forum, do you have a link ?

mircea_popescu: maybe the thing lost money on bets ?

thestringpuller: yea

mircea_popescu: o it did ?!

thestringpuller: no i meant o saw the link

thestringpuller: i*

mircea_popescu: a

thestringpuller: sorru thumb typing on phone

thestringpuller: typoes everywhere

mircea_popescu: anyway you need significant capital to mm that. it's a 400k-ish float object

thestringpuller: yea

thestringpuller: someone posted some numbers stating the roi on the sdice dividends is over a year

thestringpuller: maybe 2

mircea_popescu: what did it come to ? something like 5% ish ?

thestringpuller: lemme see

thestringpuller: its linkes to the ipo

thestringpuller: linked*

mircea_popescu: http://i.imgur.com/2Gyqt.png

mircea_popescu: ya seems to have retraced a little

thestringpuller: foubd it

mircea_popescu: i think many people buy/sell based on the immediate dividends expectation

Diablo-D3: yeah

Diablo-D3: thats what pissed all the DMC shareholders off

thestringpuller: 3200 btc investment in sdice is 27 btc a month in div

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

thestringpuller: this guy out it at 118 month roi

thestringpuller: put*

mircea_popescu: thestringpuller what's "118 month roi" mean ?

thestringpuller: 118 month for full recoup on the initial investment

Diablo-D3: I assume 118 months to break even

mircea_popescu: that's such an insane metric.

thestringpuller: what he said

thestringpuller: i know

thestringpuller: :/

Diablo-D3: that metric doesnt make sense

Diablo-D3: because you still have the asset in the end

mircea_popescu: by this token, apple stock is like, "1978 month roi"

mircea_popescu: as if.

Diablo-D3: mircea_popescu: man, apple is such bullshit

thestringpuller: apple is predictable

mircea_popescu: Diablo-D3 bigger problem : do you think btc income will be as cheap in 12 months as it is today ?

Diablo-D3: its like what, $700 billion now?

mircea_popescu: look at the history. making a new btc used to cost <1 btc a year ago

mircea_popescu: now it's like 10

mircea_popescu: next year it could even be 30-50

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: Diablo-D3 i know what you're saying.

Diablo-D3: then a year later it went to $30

thestringpuller: shorting is a useful tool

mircea_popescu: many of the early people were "usd parity ?! ?! ??!?!?! ridiculous!!!!!"

thestringpuller: but we know it will deflate over time

thestringpuller: if people keep usong it

mircea_popescu: thestringpuller that is what makes btc generators so valuable.

thestringpuller: miners hoard though

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: or will you just sit on your div-paying s.dice

thestringpuller: heh

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: yeah

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.

mircea_popescu: well...

thestringpuller: damn btc is so fucking cool

mircea_popescu: i hear you lol.

Diablo-D3: mircea_popescu: I dunno though, I find it sad the normal stock market makes sense to me but bitcoin doesnt

thestringpuller: microeconomics in a anarchoCapitalist society

mircea_popescu: Diablo-D3 i wouldn't go as far as to say it makes sense to me.

mircea_popescu: i get moments of clarity.

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 :<

thestringpuller: btc market forces are different no banks

Diablo-D3: thestringpuller: no

Diablo-D3: no volume

thestringpuller: there is vplume

thestringpuller: on mt gox at least

thestringpuller: not.like nyse

thestringpuller: but its more.money than most see in a lifetime

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: however, it 's .25% OF ALL THE MONETARY MASS

thestringpuller: which is hughe

mircea_popescu: find me a stock that trades 0.001% of the usd monetary mass irl.

thestringpuller: LOL

thestringpuller: maybe apple when they merge witb google and buy the nsa

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 ?

thestringpuller: heh

mircea_popescu: that's kinda what btc is really. we're all vieing for a 21mn btc hill.

thestringpuller: but what if you cant buy spmething eoth btc

mircea_popescu: you can't buy anything with dst eiher

thestringpuller: you have to dump.it to.fiay

mircea_popescu: .g dst

markac: mircea_popescu: http://en.wikipedia.org/wiki/Daylight_saving_time

mircea_popescu: pff

mircea_popescu: .g drepturi speciale de tragere

thestringpuller: LOL

markac: mircea_popescu: http://ro.wikipedia.org/wiki/Drepturi_speciale_de_tragere

mircea_popescu: XDR

mircea_popescu: there.

mircea_popescu: http://en.wikipedia.org/wiki/Special_drawing_rights

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

mircea_popescu: that will be the end of it.

thestringpuller: heh

thestringpuller: i feel as tho btc wll be the free iternet currency and will have liquidity to other currencies

thestringpuller: for the pjysical world

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.

thestringpuller: i have this awesome picture of the ecommerce clusterfuck

Diablo-D3: [08:13:09] <mircea_popescu> Diablo-D3 if you think in monetary mass terms then volume in btc IS HUGE.

Diablo-D3: I meant glbse

thestringpuller: so maybe btc can replaxe ecommerce

Diablo-D3: btc volume, for what it is, is pretty big

mircea_popescu: too big, even.

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

mircea_popescu: (esp if dollar value stays equal or > to today)

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

mircea_popescu: thestringpuller depends, some places its even 10

Diablo-D3: monday and friday always have retard traffic

Diablo-D3: HURR IMMA DAY TRADERRRRRRR

mircea_popescu: lol

thestringpuller: LOL

thestringpuller: bdt

thestringpuller: what a fkasco

thestringpuller: we need more smart businesses

mircea_popescu: its so sad mtgox missed the change to be called derpox

Diablo-D3: mircea_popescu: jesus christ

thestringpuller: mircea_popescu: how do you feel about bitinstant?

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 ?

mircea_popescu: Diablo-D3 o, and now we don't.

Diablo-D3: I'd like to believe we dont :<

thestringpuller: yea they are

mircea_popescu: Diablo-D3 that's the problem with you :D

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: well

Diablo-D3: have you seen the bitinstant fee schedule?

thestringpuller: hmm

Diablo-D3: its hueg

thestringpuller: yea its.fucked up

mircea_popescu: i havent looked

Diablo-D3: so yeah, I think its legit and safe

mircea_popescu: i don't much use ccs

Diablo-D3: mircea_popescu: ->paypal, 6% + paypal fees

thestringpuller: 4% for cash deposit

mircea_popescu: so what exactly is their value proposition ?

Diablo-D3: they dont report you to the IRS.

Diablo-D3: or homeland security or whoever

mircea_popescu: ahahahaha

thestringpuller: instant deposits into exhanges

mircea_popescu: riight.

Diablo-D3: well, they may REPORT you

mircea_popescu: cause nobody asked them so far

Diablo-D3: but thye dont know your name

thestringpuller: you can have cash -> btc in 10.minutes

mircea_popescu: thestringpuller something lik that may be worth 10%

thestringpuller: heh

Diablo-D3: yeah

thestringpuller: ima do the oppositr

Diablo-D3: they're pretty fast at what they do

thestringpuller: btc -> cash in 10 min

mircea_popescu: thestringpuller im sure that'd have value

assbot: [MPEX] [S.DICE] 255 @ 0.00339997 = 0.867 BTC [+]

thestringpuller: i hope so im launching closed beta this saturday

assbot: [MPEX] [S.DICE] 545 @ 0.00339998 = 1.853 BTC [+]

thestringpuller: whoop whoop

mircea_popescu: o srsly ? what currencies ?

thestringpuller: usd for now. then euros

thestringpuller: then whatever demand asks for

thestringpuller: gonna use.moneygram/western union as the insts transaction

thestringpuller: insta*

Diablo-D3: surprised they dont try a chinese version

mircea_popescu: i think dbordello does something like this currently.

mircea_popescu: via moneypak iirc

thestringpuller: fastcash4bitcoins?

thestringpuller: oh btcpak

Diablo-D3: I wish github would hurry up

mircea_popescu: Diablo-D3 you know i have a bunch of chinese people on mpex ?

Diablo-D3: mircea_popescu: orly?

mircea_popescu: very intelligent crowd.

Diablo-D3: yeah, chinese money men scare me

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: _hah_

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: then on the 9th was figuring qr on his own

Diablo-D3: mircea_popescu: wtf!

mircea_popescu: i AM SERIOUS

mircea_popescu: dude, i have to explain things like ONCE, and in passing

mircea_popescu: i think they read my emails > 500 times each.

thestringpuller: lol

Diablo-D3: this is where I say Ive been using linux for almost 15 years and have not looked back

thestringpuller: i started on dos

mircea_popescu: the difference is shocking, they've all read the faq etc.

Diablo-D3: I started on dos too

mircea_popescu: dr dos!

dub: pff younguns

thestringpuller: brb mircea_popescu will you be around later? id love to pick your brain some more. your info is invaluable

mircea_popescu: dub twyms.

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)

thestringpuller: cool

thestringpuller: later all

dub: I remember my first floppy drive

Diablo-D3: 5.25", 360kb

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

mircea_popescu: early 90s

Diablo-D3: mircea_popescu: hah, ever see those gigantic hard drive platters?

mircea_popescu: yeah lol.

mircea_popescu: actually, i typed on a cardpuncher, aged like 5.

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)

Diablo-D3: it was like 15 feet tall

dub: mircea_popescu must be old

mircea_popescu: a these weren't so big. those cabinet thingees.

Diablo-D3: yeah it was some like 70s shit

mircea_popescu: dub not rally, just romania was behind the times :D

dub: I had a computer in '83

mircea_popescu: .g felix computer

markac: mircea_popescu: http://www.felixpc.com/

Diablo-D3: dub: I was born in 1983 so :<

mircea_popescu: .wik felix computer

markac: "Felix is an open source programming language which provides an ML style type system with a syntax that C++ programmers should find easy to learn." - http://en.wikipedia.org/wiki/Felix_(programming_language)

dub: that was well into the PC era though

mircea_popescu: jesus forgotten ;/

mircea_popescu: http://ro.wikipedia.org/wiki/Felix_PC << romanian made pc clone.

mircea_popescu: 1985.

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

dub: never bother again

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

mircea_popescu: beee-beeeep trdhgkjdfhkjghehekrjghe

Diablo-D3: *cassette

mircea_popescu: yup

dub: thats actually quite cool

mircea_popescu: half the time it was like... cracked programs too

mircea_popescu: i got saboteur that way

mircea_popescu: .g saboteur z80

markac: mircea_popescu: http://www.juegaenlaweb.es/spectrum/

Diablo-D3: woah

Diablo-D3: newsweek is ending publication

Diablo-D3: fuck yeah

kakobrekla: mircea_popescu had the same thing here, only via FM radio

dub: early copy protection wanst exactly hard to beat

mircea_popescu: dub unlike current ? :D

mircea_popescu: kakobrekla haha cool

mircea_popescu: now i wanna hear that header sound once more ;/

mircea_popescu: wonder if youtube has it

Diablo-D3: man

Diablo-D3: you know what I miss?

Diablo-D3: having to look in the manual for a phrase

Diablo-D3: to continue the game

Diablo-D3: and fuck, I miss _manuals_

Diablo-D3: some games came with thick fucking tomes

mircea_popescu: Diablo-D3 manuals sucked.

Diablo-D3: loaded with art and other shit

dub: then there was teh decoder rings

kakobrekla: hehe i got the best manual ever with my new router lemme take a pic

dub: lots of engrish?

Diablo-D3: Ive gotten electronics with no manual

Diablo-D3: I mean, not like pdf on cd or go online or something

Diablo-D3: there was _nothing_

Diablo-D3: which is great, it didnt need one either

mircea_popescu: http://www.youtube.com/watch?v=cUsNesaB0Ms hahah

mircea_popescu: http://www.youtube.com/watch?v=3WWKNWgNwLA << ok, this. this WAS THE FUCKING SOUND OF HAPPINESS

Diablo-D3: oh hai, Ive heard this before

mircea_popescu: :D

mircea_popescu: http://www.youtube.com/watch?v=GQOB7wFxSmY this was saboteur

kakobrekla: a there it is, very thick http://shrani.si/f/3r/x5/4aNMls9T/imag0228.jpg

kakobrekla: 'enterprise' grade stuff.

mircea_popescu: lol. easy!

kakobrekla: yeah

dub: a lot of people actually like microtik too

kakobrekla: wasnt expecting that

Diablo-D3: https://www.youtube.com/watch?v=LLH3I9QuSCM

kakobrekla: yeah its great stuff

dub: I know of at least one ISP that uses them, and not for CE shit

kakobrekla: very pleased

Diablo-D3: you know, I'd like to watch a version of dune like this

mircea_popescu: Diablo-D3 why covered tits?

dub: oh wow another dune?

dub: is it animated?

assbot: [MPEX] [S.MPOE] 800 @ 0.00043564 = 0.3485 BTC [+]

Diablo-D3: dub: its not real

Diablo-D3: I wish it was

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

kakobrekla: any title for the movie'

dub: uh, dune

dub: http://www.imdb.com/title/tt0087182/ and http://www.imdb.com/title/tt0142032/

vampireb: dune games were awesome

mircea_popescu: dune 1 sucked ass

vampireb: meh i liked it, dune 2 was much better

mircea_popescu: dune 2 kicked ass. invented a new genre for sure

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

thestringpuller: the channel is alive again

dub: oh yeah, I played dune2

Diablo-D3: https://venturebeat.files.wordpress.com/2012/10/fake-grimlock-server-on-fire.jpg?w=558&h=9999&crop=0

assbot: [MPEX] [S.MPOE] 3700 @ 0.0004349 = 1.6091 BTC [-]

thestringpuller: mircea_popescu: you still around?

mircea_popescu: ya

thestringpuller: sweet

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 [-]

mircea_popescu: thestringpuller did you have something in mind ?

thestringpuller: i was driving

thestringpuller: worked late

thestringpuller: lemme grab a keyboard amd a chair and we will talk

thestringpuller: AHhhhhhhh... much better.

thestringpuller: Nothing like a good 'ol qwerty keyboard.

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: hm

mircea_popescu: i would think your greater problem would be handling money flows.

thestringpuller: that's handled

mircea_popescu: lol. i meant legally.

mircea_popescu: you'll be getting tons of money in and out.

thestringpuller: you talking AML?

mircea_popescu: that money service business stuff

vampireb: open a company, apply for MBS license

assbot: [MPEX] [S.MPOE] 29354 @ 0.00043291 = 12.7076 BTC [+]

thestringpuller: can't I just write one of https://fastcash4bitcoins.com/Terms.aspx these

mircea_popescu: you really shouldn't be going into something like this w/o a lawyer partner.

mircea_popescu: too many things to fugde up.

vampireb: or go offshore

thestringpuller: my investor has lawyers on retainer

thestringpuller: so all the nitty legal stuff is covered

thestringpuller: kinda lucked out

mircea_popescu: well then you should ask them lol

thestringpuller: lol (writes it down)

mircea_popescu: run your plan by them, see what they say

thestringpuller: okay so what about padding the fees?

thestringpuller: lol

thestringpuller: I don't think lawyers will have advice on that

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 ?)

mircea_popescu: a, the fees.

mircea_popescu: hm.

thestringpuller: for M between 5-50 bucks it 5 dollar fee 55-200 it's 12 dollars 200-500ish it's ~19

thestringpuller: for moneygram*

thestringpuller: damn expensive :\

mircea_popescu: do cash in mail for < 100 ?

thestringpuller: hmm, that's 1-2 days vs 10 minutes

mircea_popescu: yeah

mircea_popescu: a sticky issue.

thestringpuller: only if i were google

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

mircea_popescu: and meanwhile litter the fields with dead companies.

thestringpuller: i'ma find away

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 [-]

thestringpuller: mircea_popescu: i've crunched numbers for like an hour

thestringpuller: the best I can do is 10% which is outrageous :\

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 [+]

EskimoBob: "money gram" ? What is that?

EskimoBob: .estimate 290

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: yes EskimBob

Chaang-Noi: EskimoBob they have for some not all

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%

Chaang-Noi: 180%

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

Chaang-Noi: yeah...

Chaang-Noi: its a fial boat im glad im not on

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 [-]

mircea_popescu: what's this double payments thing ?!

thestringpuller: nefario being dumb

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 .

mircea_popescu: ^^ jurov ahaha

thestringpuller: forums is blowin up?

mircea_popescu: just a little lolz

mircea_popescu: https://bitcointalk.org/index.php?topic=118679.msg1281743#msg1281743

thestringpuller: ive stopped checking them since I discovered usagi is incompetent

mircea_popescu: http://live.coinbr.com/?mpsic=S.MPOE

mircea_popescu: this is pretty cool

thestringpuller: yea

thestringpuller: he used google.charts

thestringpuller: can we have access to historical mpex data?

mircea_popescu: the twitter feed ? or what data you mean ?

jcpham: dolphin sex

mircea_popescu: that data is spermanently pealed.

assbot: [MPEX] [S.MPOE] 22068 @ 0.00043538 = 9.608 BTC [-]

thestringpuller: permanently pealed?

mircea_popescu: sealed lol

mircea_popescu: it's a multipun.

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 [+]

Lucidize: spoonerism

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: Doesn't seems to be the answer to me.

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

Chaaang-Noi: cassicuss is still cool...

Chaaang-Noi: but man...

BTC-Mining: Well, it does look like it was an "official" foundation

Chaaang-Noi: no one left to trust or work with really

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...

Chaaang-Noi: i dont like the name

Chaaang-Noi: it really pisses me off

Chaaang-Noi: not eveny one agres with me

Chaaang-Noi: every

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

Chaaang-Noi: but they should not use it

BTC-Mining: If they don't use it, they can't hold the name...

BTC-Mining: They need to establish it.

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 understand your point

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

Chaaang-Noi: id support that with money

BTC-Mining: Donating to get the name enforced would be a solution.

BTC-Mining: Registration might be challenged however.

BTC-Mining: It might not be copyrightable

assbot: [MPEX] [S.MPOE] 8022 @ 0.00043658 = 3.5022 BTC [-]

assbot: [MPEX] [S.MPOE] 34078 @ 0.00043615 = 14.8631 BTC [-]

BTC-Mining: Everywhere

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

Chaaang-Noi: like address passport wedding certificat

Chaaang-Noi: bills

Chaaang-Noi: like loads of crazy shit

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

Chaaang-Noi: wedding certificate?

BTC-Mining: To do it at some point with enough volume

BTC-Mining: Maybe. I don't know their local laws and requirements.

Chaaang-Noi: translated and then certified?

Chaaang-Noi: they are in japan

Chaaang-Noi: they did not have to do that

Chaaang-Noi: there was a thread on it

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: like 3 of them

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.

BTC-Mining: uh?

Chaaang-Noi: no i checked with my bank and my family lawyer

BTC-Mining: Well, odd...

Chaaang-Noi: they said i could sue for him making it public there was an AML investigation

Chaaang-Noi: he broke the law

BTC-Mining: That's bad.

Chaaang-Noi: i knoew

Chaaang-Noi: i know

Chaaang-Noi: it was a huge drama about 10 months ago

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

Chaaang-Noi: so much for proof

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 [-]