tmsr - Log 2012-11-26

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dub: so fishgame was hit and run?

assbot: [MPEX] [S.MPOE] 16800 @ 0.00052116 = 8.7555 BTC [-]

dub: hrm? people discussing in forums as if its up, been down over a day

Ukto: it was up a few hours ago ?

Ukto: http://78.47.168.188/

Ukto: no fish atm

Ukto: not that i quote know how it works

dub: google failing

Ukto: *quite

dub: using the dns I get a 404

Ukto: i have no idea

Ukto: all i know is that mircea_popescu had linked this url this morning

Ukto: first I saw of it

kakobrekla: ;;bc,stats

assbot: [MPEX] [S.MPOE] 5050 @ 0.00052116 = 2.6319 BTC [-]

assbot: [MPEX] [S.MPOE] 15738 @ 0.00052557 = 8.2714 BTC [+]

smickles: anyone know how to replicate this?

smickles: http://blockchain.info/unspent?active=1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY

assbot: [MPEX] [S.MPOE] 14621 @ 0.00052831 = 7.7244 BTC [+]

assbot: [MPEX] [S.MPOE] 5329 @ 0.00053 = 2.8244 BTC [+]

mircea_popescu: !ticker s.dice

assbot: [MPEX:S.DICE] 1day: 0.00330708 / 0.00338032 / 0.0034 (48305 shares, 163.29 BTC), 30day: 0.00180002 / 0.00332073 / 0.0034 (985627 shares, 3,273.01 BTC)

mircea_popescu: what about it smickles ?

smickles: it hit the second tranche

smickles: ;;halfreward

gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 21:32:13 2012 UTC | Time remaining: 2 days, 23 hours, 10 minutes, and 0 seconds.

assbot: [MPEX] [S.MPOE] 11771 @ 0.00053 = 6.2386 BTC [+]

assbot: [MPEX] [S.MPOE] 4126 @ 0.00053067 = 2.1895 BTC [+]

assbot: [MPEX] [S.MPOE] 15056 @ 0.00053082 = 7.992 BTC [+]

mircea_popescu: it oh ?

mircea_popescu: ;;rate Bargheimer 1 Runs the biggest fish game. Nice coding.

gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.

mircea_popescu: heh he said he was.

smickles: is that the correct name?

pigeons: http://wonder-tonic.com/books2barcodes/

assbot: [MPEX] [S.MPOE] 17544 @ 0.00053082 = 9.3127 BTC [+]

assbot: [MPEX] [S.MPOE] 209 @ 0.0005311 = 0.111 BTC [+]

dub: pigeons: why?

smickles: pigeons: lol, i was just thinking of producing the blockchain in qr format for the fun of it

pigeons: :)

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052714 = 1.2361 BTC [-]

assbot: [MPEX] [S.MPOE] 555 @ 0.00052708 = 0.2925 BTC [-]

jurov: ;;calc sqrt(3e9)

gribble: Error: invalid syntax (<string>, line 1)

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052776 = 1.2376 BTC [+]

assbot: [MPEX] [S.MPOE] 19522 @ 0.00052794 = 10.3064 BTC [+]

assbot: [MPEX] [S.MPOE] 7734 @ 0.0005311 = 4.1075 BTC [+]

jurov: it's 54772... if a bit is 1x1mm, qr code would be 55x55meters

jurov: one would probably need spy plane/satellite to scan it :P

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052737 = 1.2367 BTC [-]

assbot: [MPEX] [S.MPOE] 4455 @ 0.00052708 = 2.3481 BTC [-]

jurov: ;;ident Bargheimer

gribble: Error: I am not seeing this user on IRC. If you want information about a registered gpg user, try the 'gpg info' command instead.

pigeons: i'm going to make up for the lack of a glbse ticker by pasting semi-random links: http://offbeatchina.com/modeling-for-teen-girl-clothes-on-tmall-72-year-old-grandpa-from-becomes-internet-sensation

jurov: orly, someone misses glbse ticker?

pigeons: no, i just needed an excuse

jurov: granted, there were some mysterious symbols, nowadays it's all like s.mpoe

smickles: lol, ok, segfault when trying to encode the image

mircea_popescu: ahaha the guy kciks ass

jurov: oh that's a guy??? i read that as "grandma"... *hides*

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053083 = 1.2448 BTC [+]

assbot: [MPEX] [S.MPOE] 6007 @ 0.0005311 = 3.1903 BTC [+]

assbot: [MPEX] [S.MPOE] 1595 @ 0.00053162 = 0.8479 BTC [+]

smickles: http://offbeatchina.com/wp-content/uploads/2012/11/112.png lol

assbot: [MPEX] [S.MPOE] 8850 @ 0.00052919 = 4.6833 BTC [-]

mircea_popescu: "It is not only GLBSE users that did not file claims or got double payments, some users that filed their claims and did not receive double payments are also not on the lists. "

mircea_popescu: could it get worse ?

mircea_popescu: at this point ?

Ukto: it can ONLY get worse

Ukto: why are you asking?

mircea_popescu: but i mean... how ?!

mircea_popescu: literally, there is no longer any possiblity, no matter how theoretical. all has been used.

Ukto: if you dont know the answer, then you have not been paying attention to Nefario's history.

Ukto: End of Line.

mircea_popescu: Manual of Fail. A Textbook.

Ukto: I keep thinking about it

Ukto: and the only real opton I can come up wiht for doing "funds" non-backed things like rigs, but the passthroughs, etc.. is to just do it

Ukto: and put a giant red flag on the asset

Ukto: warning users

Ukto: I mean, there _are_ some good ppl, with good intentions, who wanna do things like mutual funds

mircea_popescu: Ukto it's how teramining was gonna go.

Ukto: I also dont want a certin someone >,> to go labeling my system as the asset sesspool. :P

mircea_popescu: lol

mircea_popescu: so don't list shit.

Ukto: like "they" did w/ glbse :P

Ukto: well

Ukto: if someone cant explain where the money comes from to pay the divs

Ukto: then it wont go up

mircea_popescu: good principle.

mircea_popescu: none of that "secret business" bs.

Ukto: thats rule #1 no matter what

Ukto: yeah

mircea_popescu: yeah.

Ukto: thats why I didnt get hurt by pi8

Ukto: or bitcoinica

jurov: me too. exactly.

mircea_popescu: mother of god, giga's thread is on page 72 ? was 64 yest

mircea_popescu: what exactly do those people have to say ?!

Ukto: lol, to be expeted with the rabbit he pulled out of the hat :P

Ukto: I dont think a single person expected it

jurov: prolly everyone want to be hero members of btctalk

jurov: rewarding BS... what could probablo get wrong?

jurov: i got to "full member" only recently after several months of semi-daily visits

assbot: [MPEX] [S.MPOE] 8105 @ 0.00053162 = 4.3088 BTC [+]

assbot: [MPEX] [S.MPOE] 15043 @ 0.00053294 = 8.017 BTC [+]

mircea_popescu: jurov https://bitcointalk.org/index.php?topic=101902.msg1357187#msg1357187

pigeons: gambling addict "don't loan to me" asks for another loan: https://btcjam.com/listings/682

assbot: [MPEX] [S.DICE] 2000 @ 0.00339594 = 6.7919 BTC [+]

thestringpuller: alright we're here just sittin in the car

thestringpuller: I want you to show me if you can get far

jurov: can anyone elighten me what is ciuciu's problem? https://bitcointalk.org/index.php?topic=101902.msg1357221#msg1357221

jurov: *enlighten

jurov: You did this as to show some activity on your site. You forgot to mention that the activity is from you, the owner of the site. Do you think this is OK?

jurov: omfg omfg

mircea_popescu: welll... basically, some months ago MPOE-PR called him a scammer.

mircea_popescu: and now... he defaulted.

mircea_popescu: pretty much the only problems i know of.

pigeons: "Did Smikles knew about it?"

mircea_popescu: https://bitcointalk.org/index.php?topic=98574.0

mircea_popescu: that is kinda cool.

assbot: [MPEX] [S.MPOE] 4230 @ 0.00053294 = 2.2543 BTC [+]

assbot: [MPEX] [S.MPOE] 2404 @ 0.000533 = 1.2813 BTC [+]

mircea_popescu: poor ciuciu.

dub: safe to class it as 'too stupid to warrant further interaction'

assbot: [MPEX] [S.MPOE] 13746 @ 0.000533 = 7.3266 BTC [+]

assbot: [MPEX] [S.MPOE] 3704 @ 0.00053317 = 1.9749 BTC [+]

assbot: [MPEX] [S.MPOE] 13577 @ 0.00053317 = 7.2388 BTC [+]

assbot: [MPEX] [S.MPOE] 5123 @ 0.00053334 = 2.7323 BTC [+]

jurov: i can't stop giggling over that accusation

jurov: i'll prolly put it into btctalk profile "accused of addting activity to mpex charts"

jurov: *adding

mircea_popescu: i don't think he understands much of what's going on around him.

mircea_popescu: sorta like gumpy.

mircea_popescu: Stopped by Meze Grill today. It was one of my must-visit places during my trip to NY. The food was DELICIOUS! But, I was informed that they don't take Bitcoin any more. "It didn't work out" Anyone have any idea why?

mircea_popescu: yea, i have a fuckin idea why.

mircea_popescu: because btc doesn't work for retail, that'd be why.

assbot: [MPEX] [S.MPOE] 17825 @ 0.00053334 = 9.5068 BTC [+]

assbot: [MPEX] [S.MPOE] 465 @ 0.00053342 = 0.248 BTC [+]

assbot: [MPEX] [S.DICE] 2274 @ 0.00339594 = 7.7224 BTC [+]

assbot: [MPEX] [S.DICE] 884 @ 0.00339999 = 3.0056 BTC [+]

mircea_popescu: !ticker s.mpoe

assbot: [MPEX:S.MPOE] 1day: 0.00049912 / 0.00052292 / 0.00053519 (5361144 shares, 2,803.46 BTC), 30day: 0.0004522 / 0.00049707 / 0.00053519 (79565476 shares, 39,550.20 BTC)

mircea_popescu: jurov https://bitcointalk.org/index.php?topic=95826.40

mircea_popescu: at least he doesn't seem to be targetting you particularly.

assbot: [MPEX] [S.MPOE] 19700 @ 0.00053342 = 10.5084 BTC [+]

assbot: [MPEX] [S.MPOE] 5805 @ 0.00053342 = 3.0965 BTC [+]

assbot: [MPEX] [S.MPOE] 3500 @ 0.00053491 = 1.8722 BTC [+]

assbot: [MPEX] [S.MPOE] 4709 @ 0.00053519 = 2.5202 BTC [+]

assbot: [MPEX] [S.MPOE] 14500 @ 0.00053519 = 7.7603 BTC [+]

thestringpuller: jurov mr. broker

assbot: [MPEX] [O.BTCUSD.C060T] 1000 @ 0.52001445 = 520.0145 BTC [-]

assbot: [MPEX] [O.BTCUSD.C070T] 1000 @ 0.43951686 = 439.5169 BTC [-]

assbot: [MPEX] [O.BTCUSD.C080T] 1000 @ 0.35901927 = 359.0193 BTC [-]

smickles: ;;ticker

gribble: BTCUSD ticker | Best bid: 12.49737, Best ask: 12.49738, Bid-ask spread: 0.00001, Last trade: 12.49737, 24 hour volume: 24521.28612267, 24 hour low: 12.31250, 24 hour high: 12.60000, 24 hour vwap: 12.49009

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053201 = 1.2476 BTC [-]

assbot: [MPEX] [S.MPOE] 20500 @ 0.00053184 = 10.9027 BTC [-]

assbot: [MPEX] [S.MPOE] 3184 @ 0.00053166 = 1.6928 BTC [-]

assbot: [MPEX] [S.MPOE] 1666 @ 0.00053166 = 0.8857 BTC [-]

assbot: [MPEX] [S.MPOE] 23134 @ 0.00053095 = 12.283 BTC [-]

thestringpuller: mr. smickles:

thestringpuller: http://codinginmysleep.com/block-reward-halving/

thestringpuller: what is your vote?

assbot: [MPEX] [S.MPOE] 7778 @ 0.00053095 = 4.1297 BTC [-]

thestringpuller: ;;halfreward

gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 21:49:14 2012 UTC | Time remaining: 2 days, 20 hours, 40 minutes, and 0 seconds.

assbot: [MPEX] [O.BTCUSD.C060T] 1000 @ 0.52001445 = 520.0145 BTC [-]

assbot: [MPEX] [O.BTCUSD.C070T] 1000 @ 0.43951686 = 439.5169 BTC [-]

mircea_popescu: basically an value investing vs efficient market theory vote.

mircea_popescu: judging by calls closing i guess there's not going to be much more of a jump.

assbot: [MPEX] [O.BTCUSD.C080T] 1000 @ 0.35901927 = 359.0193 BTC [-]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053504 = 1.2547 BTC [+]

assbot: [MPEX] [S.MPOE] 14760 @ 0.00053519 = 7.8994 BTC [+]

assbot: [MPEX] [S.MPOE] 5495 @ 0.00053525 = 2.9412 BTC [+]

assbot: [MPEX] [S.MPOE] 6454 @ 0.00053525 = 3.4545 BTC [+]

assbot: [MPEX] [S.MPOE] 6146 @ 0.00053526 = 3.2897 BTC [+]

assbot: [MPEX] [O.BTCUSD.C060T] 1000 @ 0.52001445 = 520.0145 BTC [-]

assbot: [MPEX] [O.BTCUSD.C070T] 1000 @ 0.43951686 = 439.5169 BTC [-]

assbot: [MPEX] [O.BTCUSD.C080T] 1000 @ 0.35901927 = 359.0193 BTC [-]

assbot: [MPEX] [S.MPOE] 4700 @ 0.00053526 = 2.5157 BTC [+]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053104 = 1.2453 BTC [-]

assbot: [MPEX] [S.MPOE] 6484 @ 0.00053095 = 3.4427 BTC [-]

dub: ;bc,blocks

dub: ;;bc,blocks

gribble: 209592

assbot: [MPEX] [S.MPOE] 6604 @ 0.00053095 = 3.5064 BTC [-]

assbot: [MPEX] [S.MPOE] 1396 @ 0.00053093 = 0.7412 BTC [-]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053136 = 1.246 BTC [+]

assbot: [MPEX] [S.MPOE] 5452 @ 0.00053144 = 2.8974 BTC [+]

assbot: [MPEX] [S.MPOE] 9278 @ 0.00053144 = 4.9307 BTC [+]

assbot: [MPEX] [S.MPOE] 15350 @ 0.0005315 = 8.1585 BTC [+]

assbot: [MPEX] [S.MPOE] 1000 @ 0.00053525 = 0.5353 BTC [+]

assbot: [MPEX] [S.MPOE] 28760 @ 0.00053526 = 15.3941 BTC [+]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053103 = 1.2453 BTC [-]

assbot: [MPEX] [S.MPOE] 7305 @ 0.00053093 = 3.8784 BTC [-]

smickles: lol, that sudoghost guy didn't see the connection between a e-currency modeled on the idea of Libertarian economist and Bitcoin

smickles: for serious

assbot: [MPEX] [S.MPOE] 3831 @ 0.00053093 = 2.034 BTC [-]

assbot: [MPEX] [S.MPOE] 5569 @ 0.00053045 = 2.9541 BTC [-]

assbot: [MPEX] [S.MPOE] 13281 @ 0.00053045 = 7.0449 BTC [-]

assbot: [MPEX] [S.MPOE] 8119 @ 0.00053027 = 4.3053 BTC [-]

assbot: [MPEX] [S.MPOE] 19831 @ 0.00053027 = 10.5158 BTC [-]

assbot: [MPEX] [S.MPOE] 2769 @ 0.00053026 = 1.4683 BTC [-]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053214 = 1.2479 BTC [+]

assbot: [MPEX] [S.MPOE] 1000 @ 0.00053226 = 0.5323 BTC [+]

assbot: [MPEX] [S.MPOE] 8205 @ 0.00053227 = 4.3673 BTC [+]

assbot: [MPEX] [S.DICE] 3500 @ 0.00339999 = 11.9 BTC [+]

assbot: [MPEX] [S.MPOE] 5795 @ 0.00053227 = 3.0845 BTC [+]

assbot: [MPEX] [S.MPOE] 21855 @ 0.00053465 = 11.6848 BTC [+]

dub: -otc is strange

pigeons: agreed

assbot: [MPEX] [S.MPOE] 9795 @ 0.00053465 = 5.2369 BTC [+]

assbot: [MPEX] [S.MPOE] 22905 @ 0.00053526 = 12.2601 BTC [+]

dub: 20% scam, 80% retard

kakobrekla: i got a btc paying job

kakobrekla: https://bitcointalk.org/index.php?topic=49971.msg1357503#msg1357503

mircea_popescu: kakobrekla i made 4 btc off teh fish today

kakobrekla: goddamn.

mircea_popescu: dub it jumped the shark back in april.

mircea_popescu: kakobrekla but im done with it so.

mircea_popescu: o hey, so you're now kakobrekla-pr ? wd.

dub: kakobrekla: nice

dub: paid btc to hand out on IRC, tough gig

kakobrekla: :D

dub: s/hand/hang

mircea_popescu: coingenuity https://bitcointalk.org/index.php?topic=127763

mircea_popescu: dub see, you're missing out

dub: I don't follow

mircea_popescu: how come you're not being paid to hang out

dub: I've had some rather arduous irc jobs before, never got paid though

mircea_popescu: nutjobs you mean ?

assbot: [MPEX] [S.MPOE] 4089 @ 0.00053526 = 2.1887 BTC [+]

assbot: [MPEX] [S.MPOE] 5611 @ 0.00053575 = 3.0061 BTC [+]

dub: herding nutjobs was one

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053037 = 1.2437 BTC [-]

assbot: [MPEX] [S.MPOE] 21167 @ 0.00053026 = 11.224 BTC [-]

assbot: [MPEX] [S.MPOE] 2649 @ 0.00052956 = 1.4028 BTC [-]

assbot: [MPEX] [S.MPOE] 5000 @ 0.00052956 = 2.6478 BTC [-]

coingenuity: mircea_popescu: aye, some specific items are delayed due to the hurricane in the USA

coingenuity: we've let those customers know via email

mircea_popescu: a ok. just thought you'd want to know.

coingenuity: ya, thanks, let my staff know to speak to him

coingenuity: certain manufacturers are based in the manhatten area, they got hit REALLY hard in the hurricane

coingenuity: so there's a bit of a delay on specific items, but we're letting folks know as needed

coingenuity: as they fix the situation there with roads and electricity etc the delay will vanish pretty rapidly, but nothing we can do about freaksize hurricanes... yet!

mircea_popescu: still not fully restored power in manhattan have they ?

smickles: BAM!

smickles: I say BAM!

smickles: Macintosh was discussing Friedrich Hayek's model, not Bitcoins, and is a 14 year old document, discussing something 10 years before Bitcoin was introduced. I'm not following the correlation between Hayek's model possibly not being considered a security and Bitcoin, a different concept entirely. - SudoGhost 01:39, 26 November 2012 (UTC)

smickles: You don't see the connection between a Libertarian who advocated free experiment in methods of transmitting value and Bitcoin?

smickles: Did I miss something, I thought the relevant footnote was about an digital currency and Ginburg brought it up as reference for digital currencies being unlikely to be regulated as securities in a discussion about Bitcoin being a security or not which directly impacts whether or not Bitcoin is a Ponzi scheme. --Smickles86 (talk) 02:13, 26 November 2012 (UTC)

smickles: Also, if you still see it hard to see, why don't we use the very next two sentences in the Grinberg text: "Bitcoin supporters may similarly argue, as elaborated below, that bitcoins do not look like securities or investments, especially because there is no money- making enterprise that is attempting to raise money, and that bitcoins are instead like commodities or currencies, which are generally not regulated under the federal securities laws. Fu

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053071 = 1.2445 BTC [+]

assbot: [MPEX] [S.MPOE] 9543 @ 0.00053092 = 5.0666 BTC [+]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052966 = 1.2421 BTC [-]

assbot: [MPEX] [S.MPOE] 10305 @ 0.00052956 = 5.4571 BTC [-]

mircea_popescu: lol smickles

smickles: it was a little exciting

smickles: ya know, that one guy not seeing the connection between digital currency based on austrian economics and Bitcoin

mircea_popescu: a person that has not the experience of a good beating

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053084 = 1.2448 BTC [+]

assbot: [MPEX] [S.MPOE] 8957 @ 0.00053092 = 4.7555 BTC [+]

assbot: [MPEX] [S.MPOE] 1748 @ 0.0005321 = 0.9301 BTC [+]

mircea_popescu: has not the incentive and thus not the ability to back down when they've been proven wrong.

smickles: heh, I consider him moving the goalposts so many times to be backing down

mircea_popescu: i considered him an idiot since about a week ago, or was it two.

smickles: since the first week of November , iirc

mircea_popescu: time flies

assbot: [MPEX] [S.MPOE] 7252 @ 0.0005321 = 3.8588 BTC [+]

assbot: [MPEX] [S.MPOE] 19789 @ 0.00053575 = 10.602 BTC [+]

assbot: [MPEX] [S.MPOE] 1000 @ 0.00053585 = 0.5359 BTC [+]

assbot: [MPEX] [S.MPOE] 4209 @ 0.00053586 = 2.2554 BTC [+]

assbot: [MPEX] [S.DICE] 2960 @ 0.00339999 = 10.064 BTC [+]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052986 = 1.2425 BTC [-]

assbot: [MPEX] [S.MPOE] 1155 @ 0.00052956 = 0.6116 BTC [-]

mircea_popescu: Accuracy

mircea_popescu: The Merton model has been shown to be empirically accurate for non-financial firms, especially manufacturing entities. The highly leveraged nature of financial firms produces CDS spreads which are significantly higher than observed in the market due to the asset diffusion process.

mircea_popescu: they imply that the spreads observed in the market are correct

mircea_popescu: this is of course not the case : financials are overbought by degrees of fucking magnitude in the past decade+

smickles: 'degrees of fucking magnitude'

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053553 = 1.2558 BTC [+]

assbot: [MPEX] [S.MPOE] 8155 @ 0.00053586 = 4.3699 BTC [+]

mircea_popescu: yeah.

mircea_popescu: sorta like miner bonds in btc. on the strength of their revenue generating abilities, us investment banks for instance are 100 to 1000x oversized, all through the 90s and 00s

mircea_popescu: just like on the strength of their revenue generating abilities, miner bonds shouldn't really have seen investment over the 100 btc mark for the entire slate.

smickles: I feel like these models would benifit from being based on lognormal curves rather than gausian ones

smickles: but i don't have the time to work on that math

mircea_popescu: smickles it's not based on either.

mircea_popescu: merton is basically "let's consider holding a company as the equivalent of holding an european style call on its assets"

mircea_popescu: has some diffusion and a stochastic minlevel thing.

smickles: a Gaussian process is a stochastic process

smickles: The barrier itself is stochastic,

smickles: :P

smickles: i may have had it backwards a little

mircea_popescu: anyway, im not so sure moving from gauss to galton will necessarily benefit anything.

smickles: heh, i'm not sure either, but the longer tails feel better to me when i consider that LTCM got hit by a 'tail event' which may have been covered if their formula wasn't gaussian

smickles: of course, they did some other stupid shit too... but even so

assbot: [MPEX] [S.MPOE] 2345 @ 0.0005299 = 1.2426 BTC [-]

assbot: [MPEX] [S.MPOE] 17809 @ 0.00052956 = 9.4309 BTC [-]

assbot: [MPEX] [S.MPOE] 3546 @ 0.0005293 = 1.8769 BTC [-]

mircea_popescu: no, that's my point : they lied.

mircea_popescu: to get any benefit from the fins discussion of statistics we'd have to have solved all the other problems

mircea_popescu: LCTM is actually a fine example. the idea of arbitraging off-run bonds is probably workable, if you keep expenses low.

mircea_popescu: then they suddenly saw 1bn+ in capital and well... there just wasn't room to spend that much in their intended market

mircea_popescu: so they just... fucked it up instead.

assbot: [MPEX] [S.MPOE] 3901 @ 0.0005293 = 2.0648 BTC [-]

dub: http://securityaffairs.co/wordpress/10404/security/bitcoin-the-new-paradise-for-money-laundering.html lulzy

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053439 = 1.2531 BTC [+]

assbot: [MPEX] [S.MPOE] 8505 @ 0.00053463 = 4.547 BTC [+]

assbot: [MPEX] [S.DICE] 4300 @ 0.00339999 = 14.62 BTC [+]

Namjies: dub: I usually stop reading when the english is this badly written.

mircea_popescu: wait.

dub: maybe its ciuciu

mircea_popescu: anyone else see the funny in "security affairs"

mircea_popescu: what with the recent head of the cia scandal ?

dub: The lack of control on the financial flows to and from the cyberspace makes recycling operations through a virtual currency extremely efficient and very difficult to prevent, it must be also considered the absence of a regulation to approach the cyber laundering phenomena.

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052961 = 1.2419 BTC [-]

assbot: [MPEX] [S.MPOE] 185 @ 0.0005293 = 0.0979 BTC [-]

assbot: [MPEX] [S.MPOE] 7846 @ 0.00052878 = 4.1488 BTC [-]

mircea_popescu: how about they just suck my cock.

mircea_popescu: this attitude as if "control" is something that's feasible, possible, desirable or even allowable is getting on my nerves.

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053461 = 1.2537 BTC [+]

assbot: [MPEX] [S.MPOE] 12155 @ 0.00053463 = 6.4984 BTC [+]

assbot: [MPEX] [S.DICE] 3727 @ 0.00338876 = 12.6299 BTC [-]

assbot: [MPEX] [S.DICE] 573 @ 0.00338509 = 1.9397 BTC [-]

assbot: [MPEX] [S.MPOE] 14050 @ 0.00053463 = 7.5116 BTC [+]

mircea_popescu: http://trilema.com/2012/the-problem-of-too-much-money/

mircea_popescu: here!

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052913 = 1.2408 BTC [-]

assbot: [MPEX] [S.MPOE] 5555 @ 0.00052878 = 2.9374 BTC [-]

assbot: [MPEX] [S.MPOE] 14614 @ 0.00052884 = 7.7285 BTC [+]

assbot: [MPEX] [S.MPOE] 26436 @ 0.00053463 = 14.1335 BTC [+]

assbot: [MPEX] [S.MPOE] 13850 @ 0.00053123 = 7.3575 BTC [-]

assbot: [MPEX] [S.MPOE] 5649 @ 0.00052878 = 2.9871 BTC [-]

assbot: [MPEX] [S.MPOE] 401 @ 0.00052871 = 0.212 BTC [-]

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053444 = 1.2533 BTC [+]

assbot: [MPEX] [S.MPOE] 11286 @ 0.00053463 = 6.0338 BTC [+]

assbot: [MPEX] [S.MPOE] 2169 @ 0.00053561 = 1.1617 BTC [+]

Namjies: mircea, what's that thing at the bottom: UPCOMING - K.KBRL - Pending, due klim.

assbot: [MPEX] [S.MPOE] 2345 @ 0.00052872 = 1.2398 BTC [-]

assbot: [MPEX] [S.MPOE] 2399 @ 0.00052871 = 1.2684 BTC [-]

assbot: [MPEX] [S.MPOE] 9806 @ 0.00052855 = 5.183 BTC [-]

mircea_popescu: just a little inside jok

mircea_popescu: e

Namjies: eh

toffoo: mircea: I enjoy your entertaining blog, so I'll leave you one little tip I often mention to non-native writers of English: the correct key for an apostrophe (used in possessives and contractions) is this one: ' not this one: `

mircea_popescu: and i do use '

mircea_popescu: don't i?

toffoo: it's probably your keyboard's fault

mircea_popescu: my keyboard is and always was us ?

mircea_popescu: course, i see wp renders it as ’

mircea_popescu: or do you mean specifically numbers, such as 20`000 ?

toffoo: you sure you're using a U.S. keyboard?

mircea_popescu: yep

toffoo: or maybe your OS it set up with some other weird key mapping

mircea_popescu: i can't stnad localised kbds. never used anything but us101

toffoo: it happens all the time

mircea_popescu: mnope, my os is also us

mircea_popescu: do you see ' and ' different on your terminal ?

toffoo: weird .. well the apostrophes that come out on your blog are definitely wrong

toffoo: no, here those look the same to me

mircea_popescu: ok, quote me a sentence off the blog ?

pigeons: I only have ' and ` I don't have ’

mircea_popescu: on your kbd you mean pigeons ?

pigeons: yeah

mircea_popescu: me too. but for some reason wp decided " is to be curlified

mircea_popescu: and same for '

toffoo: hmm…ya, when I paste it here it looks right

mircea_popescu: well then maybe... YOUR terminal has some localisation weirdness ?

toffoo: maybe it's just the font or the way the blog is rendering it .. weird

assbot: [MPEX] [S.DICE] 2250 @ 0.00339999 = 7.65 BTC [+]

toffoo: well I mentioned it because I only noticed it on your blog

toffoo: and I see the same thing all the time around here from non-English writers around here

mircea_popescu: you're the first one to have mentioned it, so i guess we got something here.

mircea_popescu: just so happens i'm millitant against dumbass special chars. wrote romanian for years w/o any of their little squigly shits

mircea_popescu: much to everyone's chagrin

toffoo: ya, i'm sure romanian is a lot worse

mircea_popescu: îţâşă

mircea_popescu: there's a word dedicated to it.

assbot: [MPEX] [S.MPOE] 21313 @ 0.00052855 = 11.265 BTC [-]

assbot: [MPEX] [S.MPOE] 533 @ 0.00052821 = 0.2815 BTC [-]

assbot: [MPEX] [S.MPOE] 16055 @ 0.00052821 = 8.4804 BTC [-]

assbot: [MPEX] [S.MPOE] 1395 @ 0.00052819 = 0.7368 BTC [-]

mircea_popescu: http://www.jeg.ro/wp-content/uploads/2012/10/obama-biscuits.jpg

Namjies: Dafuq?

dub: is there a new url format for fishgame my old code no work

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053381 = 1.2518 BTC [+]

assbot: [MPEX] [S.MPOE] 11749 @ 0.00053407 = 6.2748 BTC [+]

pigeons: https://btcjam.com/listings/671

assbot: [MPEX] [S.MPOE] 2345 @ 0.0005285 = 1.2393 BTC [-]

assbot: [MPEX] [S.MPOE] 10955 @ 0.00052819 = 5.7863 BTC [-]

assbot: [MPEX] [S.MPOE] 8450 @ 0.00052819 = 4.4632 BTC [-]

assbot: [MPEX] [S.MPOE] 2450 @ 0.00052764 = 1.2927 BTC [-]

mircea_popescu: pigeons Amount @ Rate BTC 10000.00000 @ 1.0%

mircea_popescu: cute.

pigeons: yes, the rate displayed on that site is a monthly rate, but still

mircea_popescu: 0 Active , 0 Repaid

pigeons: lot of coins to come out of nowhere and ask for

mircea_popescu: basically, the people with too much btc have to have a way to get rid of the burden

pigeons: this looks like a helpful way to accomplish that

mircea_popescu: This WOT is so complicated! I'm a usual game developer. I'm not able to get how to

mircea_popescu: register there and I've never used GPG or something like that. :)

mircea_popescu: Thanks for your offer though.

mircea_popescu: teh suck.

pigeons: is that from the forum?

assbot: [MPEX] [S.DICE] 7105 @ 0.00339999 = 24.1569 BTC [+]

mircea_popescu: not even.

pigeons: so danieldaniel can figure out how to read the guide and register, but this guy is a "developer"

pigeons: here you go, 50% per month https://btcjam.com/listings/663

mircea_popescu: Need for site program

mircea_popescu: 0 Active , 0 Repaid

mircea_popescu: basically... all these people making sites on the theory that bitcoin is the new hip social media and the userbase will sort it out itself need to go away

mircea_popescu: preferably back to wow or whatever the fuck they were doing.

mircea_popescu: "I need this so I can pay my hosting and other things. I have very good credit and can furnish." pff

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053372 = 1.2516 BTC [+]

assbot: [MPEX] [S.MPOE] 14705 @ 0.00053407 = 7.8535 BTC [+]

assbot: [MPEX] [O.BTCUSD.C120T] 5 @ 0.06577646 = 0.3289 BTC [-]

assbot: [MPEX] [O.BTCUSD.C120T] 2 @ 0.06577646 = 0.1316 BTC [-]

pigeons: i guess i could just say, haha look at all the btcjam listings, but i will do you the service of filtering: https://btcjam.com/listings/691

assbot: [MPEX] [O.BTCUSD.C130T] 1 @ 0.03353922 BTC [-]

mircea_popescu: freemoney is borrowing 2btc ?!

pigeons: i doubt that is the same freemoney

mircea_popescu: i guess name squatting is the next big scam.

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053211 = 1.2478 BTC [-]

assbot: [MPEX] [S.MPOE] 12376 @ 0.00053193 = 6.5832 BTC [-]

assbot: [MPEX] [S.MPOE] 9119 @ 0.00052764 = 4.8115 BTC [-]

pigeons: i'm going through btcjam and leaving comments since there's nothing on tv

assbot: [MPEX] [S.DICE] 2352 @ 0.00338509 = 7.9617 BTC [-]

pigeons: why are you going to borrow at 7%/month to pay your cell phone bill that's in collections and stopped accruing interest?

assbot: [MPEX] [S.MPOE] 2345 @ 0.00053402 = 1.2523 BTC [+]

assbot: [MPEX] [S.MPOE] 9446 @ 0.00053407 = 5.0448 BTC [+]

assbot: [MPEX] [S.MPOE] 11417 @ 0.00053481 = 6.1059 BTC [+]

pigeons: and the BTC could go up in value vs the USD his bill is in

mircea_popescu: did the person actually say that's what the btc is for ?!

pigeons: yes

mircea_popescu: ask them to join the wot.

pigeons: oh ok actually they give a reason (can't get grad school loan with that collection on report) https://btcjam.com/listings/646

pigeons: can't be a scam either, they have a verified facebook page!

Namjies: right...

Namjies: Aww... I'm sad without GLBSE... no crazy sellers/buyers for fast 100%+ profit flips.

mircea_popescu: grad school loan ?

assbot: [MPEX] [S.MPOE] 2183 @ 0.00053481 = 1.1675 BTC [+]

assbot: [MPEX] [S.MPOE] 3810 @ 0.00053561 = 2.0407 BTC [+]

mircea_popescu: they want to borrow untraceable btc to repay phone bill in collections to be able to get money off the state that they will NEVER repay

mircea_popescu: while "studying" some bs social pseudosciences ?

pigeons: yeah basically, but they asked nicely

mircea_popescu: they need the "substance not form" doctrine extended to apply to this.

mircea_popescu: send him to jale on obscenity charges.

pigeons: i wish there were more loan requests, i could browse these all day

assbot: [MPEX] [S.MPOE] 2345 @ 0.0005279 = 1.2379 BTC [-]

assbot: [MPEX] [S.MPOE] 13481 @ 0.00052764 = 7.1131 BTC [-]

assbot: [MPEX] [S.MPOE] 1524 @ 0.00052708 = 0.8033 BTC [-]

pigeons: "Need 12 more bitcoins for medication 4 son'

pigeons: "Loan to Buy Girlfriend Perfect Supprise Birthday Present"

mircea_popescu: ya well that's all for me. gnite.

mircea_popescu: pigeons https://bitcointalk.org/index.php?topic=112447.msg1358331#msg1358331

mircea_popescu: this is going well.

pigeons: shocking!

mircea_popescu: im really impressed with the "we won't spend 30 btc to get reg'd on mpex cause it's expensive"

mircea_popescu: "we shall invest it in hiar instead"

mircea_popescu: crowd

mircea_popescu: http://english.pravda.ru/opinion/columnists/19-11-2012/122849-obama_soviet_mistake-0/ meanwhile in soviet russia...

smickles: heh, btcjam scammers, who'd've thunk it

mircea_popescu: apparently there's still people who have too much btc for their sense.

mircea_popescu: someone has to service them.

gigavps: good morning gents

mircea_popescu: o hi

mircea_popescu: did the angry mob sue you yet ?

smickles: good forenoon

gigavps: the angry mob has quitted down a bit

gigavps: i was trending on bitcoinx.com for a couple days though

smickles: heh, i stopped looking at bitcoinx because of that

smickles: you made it useless

gigavps: hopefully things will get better when i post the list and some faqs

gigavps: deprived seems to think i've changed the contract for some reason because of the way quentin wrote the claims letter

mircea_popescu: lol trending shavers.

mircea_popescu: Topic Score

mircea_popescu: CGMINER GPU FPGA overc monit fanspd RPC stratum linux/windows/osx/mip/r-pi 2.9.5 59

mircea_popescu: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales 27

mircea_popescu: i fail to see what sense this makes.

mircea_popescu: gigavps : i think that argument revolves around the use of I. i guess many people figured you were doing the bonds personally

mircea_popescu: rather than as a business.

gigavps: well, they will believe whatever they want to believe

mircea_popescu: im sure there's plenty of that heaped on top hehe

gigavps: giga vps is my handle for a reason

gigavps: my personal handle is liferealized

mircea_popescu: "Then we need a lawyer, ideally available to get paid when he recovers our stolen funds. Anyone can suggest one?"

mircea_popescu: that part was really funny.

Diablo-D3: bwhahaha

Diablo-D3: oh man

Diablo-D3: I think I almost pissed myself

mircea_popescu: need to start on those kegels ?

gigavps: LOL

gigavps: i haven't heard about kegels in a while

Diablo-D3: mircea_popescu: I thought that in guys made it worse not better

mircea_popescu: hm... i have no idea honestly.

gigavps: better stop doing those kegels mircea_popescu

mircea_popescu: bah

mircea_popescu: next im gonna have to stop eating babies

mircea_popescu: what's this world coming to.

mircea_popescu: http://upload.wikimedia.org/wikipedia/commons/7/78/Kegel_exercises_diagram.png doesn't this look like the diagram of a pussy fart ?

mircea_popescu: "Exercises are usually done to reduce urinary incontinence,[3] reduce urinary incontinence after childbirth,[4] and reduce premature ejaculatory occurrences in men,[5] as well as to increase the size and intensity of erections.[6]" <<< there you go Diablo-D3

gigavps: the arrows are going in the wrong direction

Diablo-D3: >size

Diablo-D3: dude, if my erect dick gets any bigger, Im going to have to start having sex with female horses.

mircea_popescu: hey, i don't judge.

mod6: haha

mircea_popescu: mod6 someone should make a "choicest bits of -ass and other sets" programme.

Diablo-D3: when does the reward half happen?

gigavps: 2 days

gigavps: ;;halfreward

Ukto: [11:55] <gribble> Estimated time of bitcoin block reward halving: Wed Nov 28 12:23:00 2012 | Time remaining: 2 days, 2 hours, 30 minutes, and 0 seconds

gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 20:23:18 2012 UTC | Time remaining: 2 days, 2 hours, 30 minutes, and 0 seconds.

gigavps: nice

mod6: mircea_popescu: oh like a bash.org for classic moments in -ass land?

pigeons: look at the /q namespace on namecoin for quotes

pigeons: http://explorer.dot-bit.org/n/74239

gigavps: where is usagi?

smickles: here and there

smickles: mostly in lala land

pigeons: http://explorer.dot-bit.org/n/74241

gigavps: he/she/whomever seems to like to jump on the drama bandwagon

smickles: what is this /q namespace on namecoins a place to spend a little namecoin to permanently quote someone?

pigeons: seems so

pigeons: http://explorer.dot-bit.org/n/74240

gigavps: lol

smickles: woah

smickles: that's shocking and funny\

mircea_popescu: {"info": "we can spin it as 'we are closing' and do the neatest, cleanest, best run shut-down ever..."}

mircea_popescu: lol

smickles: !ticker s.dice

smickles: assbot?

jurov: assbot is afk, apparently

smickles: ;;later tell kakrobrekla I think we lost assbot

gribble: The operation succeeded.

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

mircea_popescu: check that out! it's like... diffusion ?

smickles: So, on wikipedia, the statement about some people thinking that bitcoin is a ponzi with lame ass sources, seems to need to be countered wit a powerful statement sourcing the SEC, the ECB, a law professor discussing bitcoin, and a law professor discussing a digital currency based on Austrian school economics

smickles: woah, that does look like diffusion

smickles: it is certainly two divergent trends

mircea_popescu: its actually exciting to watch this!

mircea_popescu: i wonder what's next.

smickles: one wide will win out, there are more bids than asks overall, but the asks 'pile up' much steaper

smickles: DeaDTerra: irc is better :P

smickles: ;;halfreward

gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 20:32:11 2012 UTC | Time remaining: 2 days, 1 hour, and 0 seconds.

mircea_popescu: i'm even more curious where btc ends on month close.

mircea_popescu: every few months there's one of these that might make or break a few fortunes

smickles: well, how likely are people to freak out? taking the question in general... I'd say that we're doomed

mircea_popescu: i frankly can see anything between 10 and 20

smickles: clearly we should take icbit's futures marked as an acceptable prediction of the price after the reward halving

smickles: it says 12.25

mircea_popescu: lolk

dub: is it safe to click his link, might be a scam

mircea_popescu: which link ?

dub: the DeaDTerra one

mircea_popescu: "Apparently usagi's now selling off FPGAs bought using BMF funds on behalf of BMF shareholders and using the proceeds to repay the "liquidity loans" he took out for CPA, presumably because he offered to make himself personally liable for those loans"

mircea_popescu: this is like the drama goose

Guest28801: back

Guest28801: ops

kakobrekla: link me to drama.

mircea_popescu: assbot is dead

kakobrekla: oh

kakobrekla: havent noticed

mircea_popescu: https://bitcointalk.org/index.php?topic=113708.msg1358922#msg1358922 drama

kakobrekla: dunno why it dies here and there, has to do something with ssl

assbot: [MPEX] [S.MPOE] 27900 @ 0.00053197 = 14.842 BTC [-]

assbot: [MPEX] [S.MPOE] 2300 @ 0.00053197 = 1.2235 BTC [-]

assbot: [MPEX] [S.MPOE] 15000 @ 0.00053853 = 8.078 BTC [+]