tmsr - Log 2012-10-24

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.

thestringpuller: go on

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

kakobrekla: lol concered people, someone pmed me >> How do you make any money on http://smpake.com/?

mircea_popescu: you had some fee didn't you ?

kakobrekla: its still there.

kakobrekla: 2 or 20 satoshi

kakobrekla: ;>

mircea_popescu: jurov did have a pretty good point, the "community" actively selects for scams, then hee-haws about "btc being full of scammers"

mircea_popescu: should be beaten with wet sock.

mircea_popescu: full of pennies

thestringpuller: when can we buy whitehouse interns mircea_popescu ?

mircea_popescu: haha how should i know ?

thestringpuller: "[you] know things"

assbot: [MPEX] [S.MPOE] 27381 @ 0.00043539 = 11.9214 BTC [-]

mircea_popescu: well, some things.

assbot: [MPEX] [S.MPOE] 15160 @ 0.00043429 = 6.5838 BTC [-]

assbot: [MPEX] [S.MPOE] 12359 @ 0.00043408 = 5.3648 BTC [-]

thestringpuller: there should a bitcoin shadow government

jurov: mircea, there's your veep: http://www.stevepavlina.com/blog/2012/10/10-reasons-you-should-vote-for-me-for-president/

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.

thestringpuller: interns are hot. how can one resist?

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 [-]

mircea_popescu: beep lol ?!

mircea_popescu: i can't believe that guy's still at it.

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: ah

smickles: leges

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?

kakobrekla: omg no, too funny.

mircea_popescu: lol

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: whole story?

thestringpuller: smickles: you love competition don't you?

mircea_popescu: smickles : that big piece on gpg contracts i was saying i'm writing : http://trilema.com/2012/gpg-contracts/

thestringpuller: mircea_popescu: what is your opinion of Stephen Colbert?

mircea_popescu: don't think i have one. why ?

thestringpuller: We should put you on the colbert report to talk about bitcoin so it blows up.

mircea_popescu: haha maybe.

thestringpuller: don't mean to be "that guy" mircea_popescu but you got typos in the post

mircea_popescu: thestringpuller yup, it's being edited as we speak :)

thestringpuller: :)

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

mircea_popescu: but if you don't care you can read early.

dub: lol nefario double paid?

mircea_popescu: so is claimed.

copumpkin: moo

thestringpuller: this is pretty much what I wrote my most recent essay on for class

thestringpuller: it wasn't as eloquent tho ;)

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

mircea_popescu: dub ikr.

dub: that guy has awesome friends

thestringpuller: who is that guy*

thestringpuller: lol

thestringpuller: the pronouns of those sentences confused me

dub: dude that has indirectly scammed a shitload of people by starting 'businesses' with scammers

thestringpuller: rg is giving you the run down via phone?

dub: oh and he's now running an arb bot

thestringpuller: i feel so out of the loop :(

dub: same, im catching up on teh securities forum for the first time in weeks

mircea_popescu: dub allow me to quote

dub: running a scalping/arb bot is one of his primary 'partners', alberto's MO

thestringpuller: is this the bdt guy?

dub: yeah thats alberto

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 19:02:52 <smickles> that, in re to genjix

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.

mircea_popescu: Oct 04 19:03:24 DeaDTerra!*@* added to ignore list.

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

thestringpuller: only one time

mircea_popescu: dub i still think he's just stupid.

dub: probably right. "Personally I don't think James is a crook" - because I have an excellent record of identifying crooks

mircea_popescu: what's "personally" even mean anymore ?

thestringpuller: so rg is in trouble now?

mircea_popescu: nefario goes about his personal union to glbse

mircea_popescu: and people distinguish "personally" from what exactly ? officially ?

mircea_popescu: why's rg in trouble ?

thestringpuller: 19:52 < dub> probably right. "Personally I don't think James is a crook" - because I have an excellent record of identifying crooks

thestringpuller: that was a confusing sentence to me

dub: its a quote from DeadTerra

thestringpuller: ah

rg: umm

dub: I need a TL;DR consultant

rg: what about rg

rg: what the fuck

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

rg: im james

rg: you guys are fucked

mircea_popescu: dub that's exactly what mpoe-pr does for me

mircea_popescu: youshould hire a pr person/

dub: someone give me the tl;dr on asic

thestringpuller: vaporware

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?

mircea_popescu: not rly any deadline

mircea_popescu: how come ?

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

Luke-Jr: ignore dub, he's a troll

mircea_popescu: lol

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

mircea_popescu: rg me too.

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

rg: that's right bitch.

rg: uh oh

rg: ;>

mircea_popescu: masshackers ?

mircea_popescu: ahaha fag

mircea_popescu: masshackers ?

kakobrekla: soh, wheres the ban

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: (my state)

rg: its a local security group

mircea_popescu: yaiknow... but... snort snort

rg: im giving a talk at their next meeting

rg: i think hte name is clever

mircea_popescu: o you do

mircea_popescu: smickles it's coming.

rg: ok dub told me what happened

rg: so i gave him +v

rg: instead of +b

mircea_popescu: http://www.youtube.com/watch?v=rNWukYwv2Jk

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"