assbot: [MPEX] [S.MPOE] 16450 @ 0.00049009 = 8.062 BTC [-]
mircea_popescu: but i vaguely recall you being trolled a little re arbitrage there too >D
smickles: yeah, but that's nothing like, "you were both mistaken, so mircea, you lose the btc"
mircea_popescu: lol the stuff people came up with in that thread i swear.
smickles: also, it shouldn't matter who you are if you've defaulted on a contract, you have still defaulted on the contract
smickles: mircea_popescu: well, the issue joelK raised is "legit", but the solution in that case would be to return the full amount of the principle to you
mircea_popescu: read to me like "five year olds can not enter into contracts therefore anything anyone says is invalid" sort of bs.
smickles: I don't mean to suggest that it's aplicable in your case tho
mircea_popescu: i mean, if me and patrick had a contract about this online currency which we both believed existed cause we read on something awful
smickles: I think PH (possibly thru his own ignorrance) mislead you
mircea_popescu: that's a misrepresentation of fact, not a common mistake.
mircea_popescu: if i sell you 100 acres of land which is registered improperly and it turns out it's really 99, and i had no idea, and you had no idea then it could be argued.
mircea_popescu: if i sell you 100 acres of land out of a plot of which i already sold someone an acre...
smickles: mircea_popescu: i brought up the issue of common mistake because I think that, if for whatever reason the parties involved decided to declare a common mistake, JoelK's suggestion that PH return anything less than the principal is wrong
smickles: thestringpuller, or should I say, sleeps-when-said-be-awake
mircea_popescu: basically here's how that thing works : if i'm a bank and i cash a cheque drawn fraudulently by a CEO on his company
mircea_popescu: i won't be held liable, if i acted in good faith. it's between the ceo and the company.
smickles: i'm up for monopoly at 4 utc :)
smickles: mircea_popescu: that senario seems wrong to me
pigeons: the common mistake was thinking patrick would repay
smickles: that sound more like fraud, rather than a common mistake
assbot: [MPEX] [S.MPOE] 18692 @ 0.00049009 = 9.1608 BTC [-]
assbot: [MPEX] [S.MPOE] 11958 @ 0.00048916 = 5.8494 BTC [-]
mircea_popescu: one day you decide to fuck it all, leave for cuba with your secret lover.
mircea_popescu: you draw a 500k cheque on the company, come to my bank, cash it.
mircea_popescu: the company can't now sue me for 500k. it will have to go sue in cuba.
mircea_popescu: i just did what i normally do : execute what the ceo says i should. it;'s not my job to police the corporate officers of widgets, inc.
dub: the argument seems to be that PH is himself a victim of his customers scams, not a scammer
dub: ie, they promised not to deposti his funds in pirate
mircea_popescu: there's that Roswell State Bank v. Lawrence Walker Cotton Co. case on the subject.
kakobrekla: but he claimed he can handle the scammers no?
mircea_popescu: dub that may well be true. but he can't pass it along to me. he will have to go prosecute them himself.
mircea_popescu: kakobrekla i didn't buy shares in a fund he administered (that's a diff scam he pulled). i just loaned him money.
dub: yes well thats a problem with the scammer tag system
dub: it seems to imply intent to scam
mircea_popescu: scammer tag is only minimally relevant. the big deal here is that unlike in the pirate case, where everyone involved tried their darndest to hide the ugly truth in the hope they can offload on suckers
Diablo-D3: [05:28:03] <mircea_popescu> i just did what i normally do : execute what the ceo says i should. it;'s not my job to police the corporate officers of widgets, inc.
mircea_popescu: in general the way this shit goes is "let's not admit that we've been scammed"
Diablo-D3: as long as you're not an executive officer
Diablo-D3: then yes, you know nothing, legally.
Diablo-D3: Im not scrolling up, but how did we get to the point that this was being argued over?
mircea_popescu: anyway, for those interested on common mistake caselaw, bell vs lever brothers is the cannonical, lawschool textbook example.
mircea_popescu: Diablo-D3 the patrick hanrett scammer thread in btctalk
Diablo-D3: mircea_popescu: summarize plz kthx
mircea_popescu: patrick harnett was hoping to get away with a soft default because he's a special snowflake,
mircea_popescu: it's pretty funny because he's not going to be able to ever find work in his profession again.
dub: his assertion that he would cover from private funds is key
dub: if a business defaults because its debtors default the liability lies with those debtors
dub: depending on its legal setup
mircea_popescu: dub depends if the business was in the business of picking debtors.
mircea_popescu: but the protections of "default" irl don't quite exist in bitcoin.
dub: well IRL a lending business has insurance and if the insurer defaults a govt bails it out
dub: so its kinda the same
dub: except you got fucked directly instead of via a taxman
Diablo-D3: ahh, so his name is his brand? Ive never heard of him
dub: back to sleep with you
mircea_popescu: considering how much he actually has at stake i am uniquely impressed with how stupid he's been.
mircea_popescu: i guess people still fail to understand how deep the internet can come to bite you.
Diablo-D3: thats why Im just sitting back and watching nefario try to find some internet proof anal bum cover.
mircea_popescu: but in his case, fraud means he has to be fired (by law)
mircea_popescu: and he has to disclose that on all future applications (which means he can't be hired)
Diablo-D3: wait, does fraud with bitcoins still equal fraud?
mircea_popescu: and quite frankly nearing 50 and trying to change careers in this economy...
dub: does he have to fire himself?
mircea_popescu: Diablo-D3 if you think i'm not sueing him you're naive.
Diablo-D3: mircea_popescu: oh, well, yeah, theres that
Diablo-D3: okay so, he fires himself... then... rehires himself?
mircea_popescu: Diablo-D3 and you know what ? my jurisdiction allows me to sue him locally. i hope he speaks romanian and is versed in the law.
Diablo-D3: 500 btc or 500 usd/euros/whatevers?
Diablo-D3: fuck dude, thats like, more than I make in a month :<
mircea_popescu: Diablo-D3 well in a good month i make that every 3rd day
dub: Diablo-D3: you have a job now?
dub: or they give you a $5k/month benefit?
dub: no wonder US is fucked
dub: we give them ~$1k/month
dub: more when they breed
dub: that expression is for use when its comparable
gribble: BTCUSD ticker | Best bid: 10.88000, Best ask: 10.96063, Bid-ask spread: 0.08063, Last trade: 10.96065, 24 hour volume: 25505.17163532, 24 hour low: 10.75000, 24 hour high: 11.07000, 24 hour vwap: 10.92276
dub: so I gues syou use that a lot anyway
dub: a dollar?! thats more than I make in a month
Diablo-D3: holy fuck, its more than I make in 6 months =/
dub: not many people will accept that receiving an unemployment benefit == making money
Diablo-D3: mircea_popescu: I tried that once, but then realized I'd have to be nice to douchebags
assbot: [MPEX] [S.MPOE] 22339 @ 0.00048916 = 10.9273 BTC [-]
mircea_popescu: you have to be at least as nice as my sick hound pr chick
assbot: [MPEX] [S.MPOE] 8553 @ 0.00048916 = 4.1838 BTC [-]
assbot: [MPEX] [S.MPOE] 9863 @ 0.00048806 = 4.8137 BTC [-]
Diablo-D3: whats the shortest way of converting interest per day into interest per year
Diablo-D3: mircea_popescu: wait, that cant be right
Diablo-D3: 0.24%, which according to your math I end up with a little more than 2x than I started with
gribble: Error: Something in there wasn't a valid number.
Diablo-D3: according to today's fictional stock portfolio performance
Diablo-D3: over the next year if the s&p 500 does not move at all
Diablo-D3: ergo, I have just proved wall street is a scam, QED
mircea_popescu: prove global warming too, since you got the tools ready.
Diablo-D3: its snowing outside, ergo global warming is real, QED
mircea_popescu: "temperature somewhat measured has varied somewhat in the past 50 or so years, therefore global warming"
dub: well I dont think thats what science is saying
dub: but it helps the retarded to rationalise like that
dub: 'LOL its colder today than it was yesterday global warming is a lie'
dub: disregard 99.9% of scientists
dub: my point is superficial observations like, its cold or hot today/this year/this decade are meaningless
Diablo-D3: yeah, we really need the last million years of data
Diablo-D3: and thats hard, but not impossible, to acquire
Diablo-D3: the data indicates we're overdue for an ice age
Diablo-D3: the data also indicates it can get hotter than this and, although we're not making a real change at all,it could be the difference between survival and not
dub: the data indicates undeniable human influence in atmospheric carbon levels
Diablo-D3: the world can survive an additional degree of average temp
Diablo-D3: and that may be the sum total of environment change by 2050 by the human race
Diablo-D3: dub: 1 degree of global temp is quite a lot of carbon
dub: but denial helps people sleep at night
assbot: [MPEX] [S.MPOE] 22670 @ 0.00049385 = 11.1956 BTC [+]
dub: its not just about carbon
Diablo-D3: dub: 1 degree of heat, globally, would be catastrophic
dub: theres rainforswt dieback, wholesale rape and poisoning of the ocean
dub: sure ask china, japan, the US
dub: you kill all the fish
midnightmagic: I refuse to provide evidence for your water fetish.
dub: and leach too much superphosphates into the water
dub: they have a little S on the front
midnightmagic: looks as though the process to create superphosphates is the more environmentally damaging..
dub: the fallout of it leaching into the water is one of the most obvious and dramatic affects of pollution
midnightmagic: you mean the effects of crappy oversight in the production facilities where these chemicals are made..
dub: no, where they are used
midnightmagic: that used to be a common complaint. however, using too much so that the plants don't actually consume it, is a strong economic disincentive for its misuse.
dub: it may have improved but still a major problem
dub: not that its the only environmental impact of horticulture
assbot: [MPEX] [S.MPOE] 28711 @ 0.00048806 = 14.0127 BTC [-]
assbot: [MPEX] [S.MPOE] 4089 @ 0.00048789 = 1.995 BTC [-]
assbot: [MPEX] [S.MPOE] 15500 @ 0.00048789 = 7.5623 BTC [-]
assbot: [MPEX] [S.MPOE] 1566 @ 0.00049385 = 0.7734 BTC [+]
assbot: [MPEX] [S.MPOE] 23134 @ 0.00050001 = 11.5672 BTC [+]
assbot: [MPEX] [S.MPOE] 7846 @ 0.00048789 = 3.828 BTC [-]
assbot: [MPEX] [S.MPOE] 37907 @ 0.00048764 = 18.485 BTC [-]
assbot: [MPEX] [S.MPOE] 1847 @ 0.00048681 = 0.8991 BTC [-]
assbot: [MPEX] [S.MPOE] 17453 @ 0.00048681 = 8.4963 BTC [-]
assbot: [MPEX] [S.MPOE] 16847 @ 0.00048676 = 8.2004 BTC [-]
assbot: [MPEX] [S.MPOE] 16353 @ 0.00048676 = 7.96 BTC [-]
assbot: [MPEX] [S.MPOE] 37397 @ 0.00048657 = 18.1963 BTC [-]
mircea_popescu: domainforsale809 2:52 am you can purchase "mpex.cn" with a very fair price.
assbot: [MPEX] [S.MPOE] 10100 @ 0.00049367 = 4.9861 BTC [+]
assbot: [MPEX] [S.MPOE] 11150 @ 0.00049021 = 5.4658 BTC [-]
assbot: [MPEX] [S.MPOE] 45072 @ 0.00049547 = 22.3318 BTC [+]
assbot: [MPEX] [S.MPOE] 6165 @ 0.00048974 = 3.0192 BTC [-]
assbot: [MPEX] [S.MPOE] 23535 @ 0.00048891 = 11.5065 BTC [-]
assbot: [MPEX] [S.MPOE] 43700 @ 0.00049517 = 21.6389 BTC [+]
assbot: [MPEX] [S.MPOE] 9150 @ 0.00049517 = 4.5308 BTC [+]
assbot: [MPEX] [S.MPOE] 18593 @ 0.00048992 = 9.1091 BTC [-]
assbot: [MPEX] [S.MPOE] 5565 @ 0.00048891 = 2.7208 BTC [-]
assbot: [MPEX] [S.MPOE] 15600 @ 0.00048824 = 7.6165 BTC [-]
assbot: [MPEX] [S.MPOE] 7250 @ 0.00048797 = 3.5378 BTC [-]
assbot: [MPEX] [S.DICE] 300 @ 0.00339943 = 1.0198 BTC [+]
assbot: [MPEX] [S.MPOE] 24426 @ 0.00048797 = 11.9192 BTC [-]
assbot: [MPEX] [S.MPOE] 9569 @ 0.00048566 = 4.6473 BTC [-]
assbot: [MPEX] [S.MPOE] 418 @ 0.00048434 = 0.2025 BTC [-]
assbot: [MPEX] [S.MPOE] 15500 @ 0.00048434 = 7.5073 BTC [-]
gribble: Current Blocks: 207185 | Current Difficulty: 3304356.3929903 | Next Difficulty At Block: 207647 | Next Difficulty In: 462 blocks | Next Difficulty In About: 3 days, 1 hour, 32 minutes, and 6 seconds | Next Difficulty Estimate: 3384633.63150263 | Estimated Percent Change: 2.42943644586
assbot: [MPEX] [S.MPOE] 11282 @ 0.00048434 = 5.4643 BTC [-]
assbot: [MPEX] [S.MPOE] 9269 @ 0.00048328 = 4.4795 BTC [-]
jurov: between 29 Nov 9:15 UTC (-2%) and 27 Nov 16:15 UTC (10%)
jurov: that only if bfl ships/mines.
Chaaang-Noi: i expect huge difficulty rise for many alt coins lol
assbot: [MPEX] [S.MPOE] 31155 @ 0.00048558 = 15.1282 BTC [+]
assbot: [MPEX] [S.MPOE] 5600 @ 0.00048328 = 2.7064 BTC [-]
assbot: [MPEX] [S.MPOE] 14792 @ 0.00048558 = 7.1827 BTC [+]
assbot: [MPEX] [S.MPOE] 12155 @ 0.00048328 = 5.8743 BTC [-]
assbot: [MPEX] [S.MPOE] 7445 @ 0.00048289 = 3.5951 BTC [-]
assbot: [MPEX] [S.MPOE] 11955 @ 0.00048289 = 5.7729 BTC [-]
assbot: [MPEX] [S.MPOE] 20045 @ 0.00048256 = 9.6729 BTC [-]
copumpkin: I hate it when my mobo gets dirty too
pigeons: its a car they build like "agile" software, they keep making new revs. they take btc cause they are "disruptive" like that ;)
Chaang-Noi: someone on 4chan said they found it on bitcoinfriday.com a site i dont know about
Chaang-Noi: i guess bitcoin friday is a meme or something on /g/
Chaang-Noi: odd i heard about it on 4chan and not the forum or irc
assbot: [MPEX] [S.MPOE] 7203 @ 0.00048558 = 3.4976 BTC [+]
assbot: [MPEX] [S.MPOE] 18397 @ 0.00048841 = 8.9853 BTC [+]
mircea_popescu: ofcourse. the word got out bitcoin has gathered a large collection of suckers.
mircea_popescu: For the record, the sought compensation is detailed below:
mircea_popescu: + 1% per week until the date of full repayment. Currently this is 14 weeks (since August the 10th), or 74.7371065 BTC
mircea_popescu: + .01 BTC per word of my posts in this thread. Currently this is 3935 words = 39.35 BTC
Enky: legal expenses of what?
Chaang-Noi: oh, i did not understand you, i thought the forum was under attack or something
Chaang-Noi: he is the only one in the world who would agree with his points on this
Chaang-Noi: i hope he is neer a jeduge in real life
mircea_popescu: i think he's something like unemployed overqualified california type.
mircea_popescu: certanly nothing in the legal profession, way too clueless for that.
mircea_popescu: i mean its not even about agreeing or not, it's like, you never heard of san francisco
mircea_popescu: well, if you never heard of san francisco you're not from the us
Chaang-Noi: he did something with encryption i think
mircea_popescu: now, if these two are maybe having an argument about politics, i could see it as a thing you say, you know ?
mircea_popescu: but if the first person literally has no idea sf exists... then that's that. they're not from the us.
assbot: [MPEX] [S.MPOE] 35350 @ 0.00048256 = 17.0585 BTC [-]
assbot: [MPEX] [S.MPOE] 10928 @ 0.00048224 = 5.2699 BTC [-]
assbot: [MPEX] [S.MPOE] 11429 @ 0.00048841 = 5.582 BTC [+]
assbot: [MPEX] [S.MPOE] 27150 @ 0.0004895 = 13.2899 BTC [+]
assbot: [MPEX] [S.MPOE] 8457 @ 0.00048955 = 4.1401 BTC [+]
assbot: [MPEX] [S.MPOE] 45500 @ 0.00048998 = 22.2941 BTC [+]
assbot: [MPEX] [S.MPOE] 26350 @ 0.00049175 = 12.9576 BTC [+]
assbot: [MPEX] [S.MPOE] 36650 @ 0.00049437 = 18.1187 BTC [+]
assbot: [MPEX] [S.MPOE] 9628 @ 0.00049547 = 4.7704 BTC [+]
assbot: [MPEX] [S.MPOE] 41322 @ 0.00049748 = 20.5569 BTC [+]
assbot: [MPEX] [S.MPOE] 3538 @ 0.00050001 = 1.769 BTC [+]
assbot: [MPEX] [S.MPOE] 34392 @ 0.00050042 = 17.2104 BTC [+]
assbot: [MPEX] [S.MPOE] 32950 @ 0.00050288 = 16.5699 BTC [+]
assbot: [MPEX] [S.MPOE] 19470 @ 0.00050304 = 9.7942 BTC [+]
assbot: [MPEX] [S.MPOE] 4155 @ 0.00050449 = 2.0962 BTC [+]
assbot: [MPEX] [S.MPOE] 29009 @ 0.00050518 = 14.6548 BTC [+]
mircea_popescu: I am inclined to assume that MPOE-PR is a minion acting in behalf of Mircea Popescu.
assbot: [MPEX] [S.MPOE] 57207 @ 0.0005 = 28.6035 BTC [-]
pigeons: she should at least disclose
assbot: [MPEX] [S.MPOE] 22074 @ 0.00050379 = 11.1207 BTC [+]
assbot: [MPEX] [S.MPOE] 13476 @ 0.00050379 = 6.7891 BTC [+]
assbot: [MPEX] [S.MPOE] 4668 @ 0.00050301 = 2.3481 BTC [-]
assbot: [MPEX] [S.MPOE] 1491 @ 0.00050518 = 0.7532 BTC [+]
assbot: [MPEX] [S.MPOE] 9941 @ 0.00050575 = 5.0277 BTC [+]
assbot: [MPEX] [S.MPOE] 15750 @ 0.00050449 = 7.9457 BTC [-]
smickles: it's like i was one of those just-bearly-legally-blind people before, and just had laser eye surgery
smickles: holy shit, i don't need to have my browser window maximized!
mod6: next, check out some pr0n and see how much better pussy looks in HD
mod6: remember all of the pr0n from like 94 on the tubes and how pixelated it was lol?
kakobrekla: i dont reccomend hd porn, you end up on wiki researching all sorts of std
mod6: ahh, i see your point kakobrekla
kakobrekla: that could be easily interpreted as two boobs
assbot: [MPEX] [S.MPOE] 5600 @ 0.00050301 = 2.8169 BTC [-]
assbot: [MPEX] [S.MPOE] 17830 @ 0.00050301 = 8.9687 BTC [-]
assbot: [MPEX] [S.MPOE] 12270 @ 0.0005 = 6.135 BTC [-]
smickles: heh, ok, I'll be sure to be there :)
copumpkin: everyone is talking about him these days (for the wrong reasons, probably)
smickles: hmm, i wonder how much of the information in his book is on lesswrong.com, and whether it would be worth buying since that site is free to use
mircea_popescu: it's a good idea to spend ten bux or w/e to support an author you like
assbot: [MPEX] [S.MPOE] 15000 @ 0.0005 = 7.5 BTC [-]
smickles: while I agree, I dunno if I like nate silver or not
smickles: and it's not like that site replicates the content of the book
smickles: they seem to have a similar topic of discussion
assbot: [MPEX] [S.MPOE] 35523 @ 0.0005 = 17.7615 BTC [-]
assbot: [MPEX] [S.MPOE] 4224 @ 0.00049989 = 2.1115 BTC [-]
assbot: [MPEX] [S.MPOE] 29276 @ 0.00049989 = 14.6348 BTC [-]
assbot: [MPEX] [S.MPOE] 18824 @ 0.00049909 = 9.3949 BTC [-]
assbot: [MPEX] [S.MPOE] 11576 @ 0.00049909 = 5.7775 BTC [-]
assbot: [MPEX] [S.MPOE] 8124 @ 0.00049903 = 4.0541 BTC [-]
BTC-Mining: Large deposit on my account Mircea. Technically just in, but would appreciate being able to place orders right away =P