assbot: [HAVELOCK:HIM] 1D: 15.90000000 / 16.815 / 18.00000000 (10 shares, 168.15000000 BTC), 7D: 14.91990000 / 16.12499375 / 18.00000000 (16 shares, 257.99990000 BTC), 30D: 12.12000000 / 14.46514286 / 18.00000000 (49 shares, 708.79200000 BTC)
dub: midnightmagic: I didn't realise canada was a federation
jurov: and the PREV_NICK: entries are lulzy
Bowjob: hey im a bitcoiner, invest in me
jurov: "OptionsCover":[{"":{"MPSIC":"O.BTCUSD.C160T", "Quantity":"1", "TotalSum":"100000000"}},
jurov: {"":{"MPSIC":"O.BTCUSD.P160T", "Quantity":"1", "TotalSum":"100000000"}},
jurov: ^ now that's a lulzy format
Bowjob: if bfl will ship march 9th... then
Bowjob: it will pretty much match avalon 2's shipment date
dub: do the avalons work?
jurov: i'm concerned only about difficulty increas, that shoudl happen around March 14... and it won't be affected much
assbot: [HAVELOCK] [SDICE] 8 @ 0.683 = 5.464 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.6839 = 3.4195 BTC [+]
Bowjob: the ones we've seen works, yea
Bowjob: 2 in NA, at lease 3 in china, and the rest are being hush hush
assbot: [HAVELOCK] [SDICE] 8 @ 0.683 = 5.464 BTC [-]
dub: hardly confidence inspiring
Bugpowdr: i would be surprised if it really was down perm
Bugpowdr: it's been around for a long time
Bugpowdr: luckily no coins pending on it
Bowjob: mhm.. sucks for those with 2-3 year bets
Bugpowdr: A strong argument against betting on an even that is more than a few months out
kakobrekla: i never saw a bet worth registering for
Bugpowdr: someone bet emotionally on them
Bowjob: "Server is down for maintenance. We'll be back in a couple of hours."
Bugpowdr: and quite a bit against on several others
Bugpowdr: So I just bet against the pro one and for all the others
Bugpowdr: was not disappoint with the results
Bugpowdr: Also the Ron Paul bets were awesome
Bugpowdr: Ron Paul to become president. Yeah I'll bet 50BTC against that and take your money thank you
dub: probably Hu Jintao tbh
jurov: maybe if they had a bet about betofbitco.in ceases operation in 2013....oh nvm
Lyspooner: we'll say the same thing about mpex one day
error4733: nice toshop job ! Hu Jintao at the oval office
Lyspooner: "remember when you could buy shares of mpoe on mpex? boy was that stupid"
Bowjob: I wanted to see an apocalypse bet
jurov: what to bitbet? should we put that bet on bitbet?
jurov: yea.. and i was ..like.. a broker, hahahaha
jurov: even if it crashed tomorrow i can say i was living 2 months off it
jurov: not bad, don't you tihnk?
jurov: so, you're even more stupid then :D
jurov: *kakobrekla tries and misses
jurov: coinbr+mpex daytrading
jurov: +bitfunder shenanigans
kakobrekla: i bought a car with em with btc was liek 5 euro
Bugpowdr: this is the main problem with plan Tesla
Bugpowdr: I want to like sell maybe 10% of my coins for a Tesla.
Lyspooner: he helped kickstart a revolution, he got a pizza and he didn't have to kill anyone
Bugpowdr: Which is going to take quite a bit more rise in value
jurov: since revolutions tend to eat its children... better eat the seeds.
Bugpowdr: How many coins did he still have after the pizza?
Bugpowdr: the guy that sold the pizza though... He is the true visionary
kakobrekla: thats a number pulled out of ur ass or?
assbot: [HAVELOCK] [SDICE] 2 @ 0.6829 = 1.3658 BTC [-]
gribble: BTCUSD ticker | Best bid: 31.17999, Best ask: 31.18000, Bid-ask spread: 0.00001, Last trade: 31.17999, 24 hour volume: 42869.02144537, 24 hour low: 30.11110, 24 hour high: 31.69900, 24 hour vwap: 30.99536
jurov: interesting, CoinBr.iDiff-E (expires April 17) sells quite well for 0.095 ... asics hope dies last, seems.
error4733: no, from the screenshoot of the guy wallet when he send the 10k
kakobrekla: i dont think there will be any majorish price increase until there is majorish difficulty increase
kakobrekla: my guess it it will stabilize around 0.15 eur per 100mhash daily or lower
assbot: [BTCTC] [GSDPT] 100 @ 0.00636 = 0.636 BTC [+]
kakobrekla: according to that chart bubble starts at ~40 to 45 usds at this diff
assbot: [BTCTC] [GSDPT] 2 @ 0.00636 = 0.0127 BTC [+]
mircea_popescu: <dub> more than 2 or 3? << supposedly some chinese ppl got delivered. it's vague.
Bowjob: "China customs just discovered Bitcoins and are mining like there's no tomorrow..."
mircea_popescu: <kakobrekla> depends if he did reorder << haha good 1.
jurov: or all rigs were "harmonized" by The Party
Bowjob: "China customs just discovered Bitcoins and are mining like there's no tomorrow..."
Bowjob: " onryo : Bowjob for real?"
kakobrekla: luck this isnt bfl shoutbox ... OR IS IT?
kakobrekla: unless its inaba crying i dun wanna hear it
Bowjob: march 9th is the new target date
Bowjob: may as well make another BFL bet that they wont ship by march 30th
mircea_popescu: Bowjob this reminds me of george costanza getting married.
dub: mircea_popescu: anything said to have happened in china carries much lower weighting in the dubwot
Ukto: didnt bfl already say by march ?
dub: bfl have said a great number of things
mircea_popescu: Ukto as best we can determine bfl bet 500 btc they'll deliver by march 1st
assbot: [HAVELOCK] [SDICE] 7 @ 0.679 = 4.753 BTC [-]
mircea_popescu: so two days into the new month mpoe saw like 20k volume
ThickAsThieves: no worries it was all extra scratch left over from BTC returns
Bowjob: josh said he didnt put money on the bet
mircea_popescu: well, the bet popped, then it was discussed on the forum then the bet showed up. who knows, maybe it's some other true believer.
mircea_popescu: reasonably, a third party with 500 btc to ride on "bfl delivers" would have spent it to pre-order rather than to bet
jurov: resonably, true believers should buy difficulty futures
jurov: some do but not many, i feared with prices i'm offering i'll have to think hard about collateral requirement
assbot: [HAVELOCK] [SDICE] 20 @ 0.679 = 13.58 BTC [-]
assbot: [MPEX] [S.MPOE] 9900 @ 0.00075894 = 7.5135 BTC [+]
assbot: [BTCTC] [BITVPS] 1 @ 0.00424 BTC [-]
mircea_popescu: it is not nor can it be the business of a solicitor to inquire as to where money comes from for fucks sake.
mircea_popescu: how long till people start coming to their senses ? "i am not the police and i do not do the job of the police. do your motherfucking jobs!"
assbot: [BTCTC] [B.YABMC] 1 @ 0.00897 BTC [+]
assbot: [BTCTC] [B.YABMC] 15 @ 0.00897 = 0.1346 BTC [+]
gribble: BTCUSD ticker | Best bid: 31.08556, Best ask: 31.12000, Bid-ask spread: 0.03444, Last trade: 31.12000, 24 hour volume: 42956.19105260, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.01976
kakobrekla: its really gonna be now at some point of time.
mircea_popescu: it's kinda funny to me tho, all the smartasses that were explaining how bitcoin is no good feel a little left out now
mircea_popescu: well... it's going to crash, but later on, and it won't crash as low as 30, so...
DeadWeasel: but you have decided that the floor is now 30?
Bowjob: its gonna crash upwards
mircea_popescu: think about it. everyone that wanted to sell at 30 could have. there's no pressure tho.
mircea_popescu: this simply means people wanting in will have to pay more.
mircea_popescu: and they should be thankful for anything they get. it's early yet.
Eduard_Munteanu: mircea_popescu: I still think we might see people cashing in USD, perhaps ASIC manufacturers for their day-to-day operations.
mircea_popescu: Eduard_Munteanu sure, some btc will always be on offer.
Eduard_Munteanu: Yeah, I'm pretty amazed it didn't crash. Might be relatively stable after all.
mircea_popescu: the miners that saved their mined btc made a killing this year, for instance
mircea_popescu: this lesson has not been lost on anyone i've talked to.
mircea_popescu: there's also the fiscal consideration. spend fiat, it counts as a deduction.
Eduard_Munteanu: Did you get a miner btw? I'm a bit sorry I'm late to the party. :(
Eduard_Munteanu: Initially it seemed like a good deal, I probably would've bought a ~ $1500 miner. I'm interested to see how much they manage to get out of it.
mircea_popescu: ThickAsThieves the fiat you spend to pay for fixed costs is a deduction.
mircea_popescu: ThickAsThieves company A spends 50, makes 70, pays tax on the 20.
mircea_popescu: if next year company A spends 55, makes the same 70, it pays tax on the 15 only
mircea_popescu: if the extra 5 pays electricity for a rig that makes no difference in this equation.
ThickAsThieves: incidentally every dime i've spent on bitcoin has come froma company account
Eduard_Munteanu: Actually yeah, you probably can't, not to mention you need receipts and such.
kakobrekla: you can get receipts from bitstamp or smth
mircea_popescu: i know some guy that charged all his game subscription to company
mircea_popescu: got audited, he claimed it's for employee's productivity
ThickAsThieves: so would i call it an investment? Or what kind of expense?
mircea_popescu: apparently wow is not ok but some cs-thing is or something like that. he had a list.
mircea_popescu: ThickAsThieves you wouldn't call it anything. when power bill comes you just pay it and that's that.
Eduard_Munteanu: mircea_popescu: I wonder if BTC is a good way to get money *out* of the company's accounts
DeadWeasel: get it out of the country then handle it
mircea_popescu: you can make a company to warm the atmosphere if you please.
Eduard_Munteanu: mircea_popescu: AFAIK it's a pain to justify taking money out of your accounts
Eduard_Munteanu: mircea_popescu: stuff like "I can't pay you cash, I don't have it"
Eduard_Munteanu: I still assumed people were stubborn about it, so yeah, you're probably right.
mircea_popescu: that's the definition. unable to pay exigible demands => bankrupt.
Eduard_Munteanu: mircea_popescu: say a company wants to employ a sizeable portion of its workers under the table, that's the sort of scenario I have in mind
mircea_popescu: i've bought plenty on my own account, as any other game subscription./currency/whatever
Bowjob: ah damn.. it was nice while it worked
mircea_popescu: Eduard_Munteanu ya well, that has little to do with btc. you can use goats or salt to commit fraud.
Bowjob: that XRP giveaway, they sent me 50k twice
mircea_popescu: makes no sense. in a properly structured vehicle you pay whatever, 3% if anthing at all
Eduard_Munteanu: Well sure, now you don't expect a company owner to admit, no? Hypothetically, of course. :)
mircea_popescu: dudes, srsly. you're thinking like poor hicks in arkansas or some shit.
mircea_popescu: the entire tax system is there to help. hire good fiscal representation and use it.
mircea_popescu: ya, because most bitcoiners have bupkiss understanding of pricing risk
Eduard_Munteanu: Yes, we do need legitimate business on a more serious voice.
mircea_popescu: so they end up "investing" in whatever, btcjam and miner bonds
gribble: BTCUSD ticker | Best bid: 31.02001, Best ask: 31.20000, Bid-ask spread: 0.17999, Last trade: 31.20000, 24 hour volume: 42934.16522334, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.03445
ThickAsThieves: okay, so about the system and taxes, doesnt spending bitcoin on bitcoin offerings still break things
Eduard_Munteanu: Possibly. For instance buying/selling securities may be subject to different tax rules.
ThickAsThieves: whatever thing you buy was probably paid to make with fiat
Eduard_Munteanu: For example, here they tax *every* profitable transaction by 16%. Not at the end of the year, or the month, but as soon as it happens.
ThickAsThieves: i do wish US taxes were simpler and closer to a flat tax
mircea_popescu: i have no idea, haven't followed that since the late 90s
mircea_popescu: but that notwithstanding, btc and btc stocks have nothing to do with fiat rules and fiat definitions.
ThickAsThieves: so what does a government do to get the tax they need?
Eduard_Munteanu: Let's just say I might break even on gold after losing quite a bit of money on the stock market.
Eduard_Munteanu: Not particularly hit by the crisis, but my trades weren't exactly great.
mircea_popescu: Eduard_Munteanu if that thing ain't rigged i'm a girl and don't even know about it.\
Eduard_Munteanu: Perhaps, besides BVB is sort of a joke market compared to other similar stuff.
mircea_popescu: right. i don't understand why anyone'd bother, other than to hedge speciffic risks
mircea_popescu: you wanna trade forex, get an account on the actual market
Eduard_Munteanu: mircea_popescu: I went through some random trader from US, the only thing I complain is the huge leverage
mircea_popescu: why trade bizarre illiquid shit... i mean, mpex and bvb are not exactly the same size, but not exactly that far off.
Eduard_Munteanu: Yes, I could literally influence the market on BVB, even on certain Cat I securities.
mircea_popescu: anyway, never heard of em. use schwab or edward jones or w/e
Eduard_Munteanu: Stuff like USD/gold or USD/CHF is nice, but the leverage is a bit too high IMO. E.g. if you're betting on US inflating their money supply.
mircea_popescu: you don't HAVE to use leverage you don't want now do you
Eduard_Munteanu: I actually did something like that at some point. Though I'd lose patience and go with more bucks at it, perhaps that was it. :D
Eduard_Munteanu: Luckily it's all stop-loss and you can't end up in debt, AFAIR.
Eduard_Munteanu: I suspect you might need something like that to short safely on BTCs.
dub: surely Eduard_Munteanu is
BitHub: cheers for the divs mircea :)
mircea_popescu: Eduard_Munteanu zi bre, care-i diferenta intre o pisica alba si-una neagra ?
gribble: BTCUSD ticker | Best bid: 31.06093, Best ask: 31.20001, Bid-ask spread: 0.13908, Last trade: 31.20001, 24 hour volume: 42934.80821886, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.04091
aethero: Yeah a fall to 31.2 is a crash lol
Bowjob: it as 31.6 earlier lol
assbot: [HAVELOCK] [KCIM] 1 @ 1 BTC [+]
Chaang-Noi: anything over $20 would just be a correction anyway:)
assbot: [MPEX] [S.DICE] 665 @ 0.00634999 = 4.2227 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.01 BTC [+]
BitHub: Hey guys, you can now talk to BitHub directly from our site, I know wow real time customer service, who knew.
mod6: heheh, telling this whole room of people about bitcoin...
mod6: has caused quite the discussion on currency and dollars.
mod6: i'll tell you guys more later. but this is pretty cool conversation over here. people are really receptive to btc -- and these people totally non-technical.
mod6: kakobrekla: these are the guys who are involved with the legalized casino gaming in minnesota.
mod6: haha, nice mircea_popescu
mod6: i passed around .1 BTC on a paper wallet, that was the basic reaction ;)
kakobrekla: is that pic i want to get fucked by or for btc?
mircea_popescu: you know, i should probably do a buncha Bank of MPEx paper btc notes
mod6: brb, these guys are having a full argument about cash and what the fed does and how in debt/fucked we are...
mod6: or do you mean who's fucked aethero?
mod6: if you mean who, i mean the world
mod6: or more directly, the us.
mod6: so we're talkin about what's really taking place.
mod6: The United States of Amerika
aethero: I know America. And U.S. ;)
mod6: lol stop trollin me
mod6: i gotta get back to it.
DeadWeasel: so, fellas, think we go down from there for a while? or rally this week?
DeadWeasel: but instincts curious what anyone else sees
DeadWeasel: instinct is a bastard mutant of those two.
gribble: BTCUSD ticker | Best bid: 31.10002, Best ask: 31.18000, Bid-ask spread: 0.07998, Last trade: 31.18000, 24 hour volume: 43378.82060481, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.05179
kakobrekla: you can pm gribble and slap yourself there if you really wanna
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
mod6: alot of these guys in here are very wealthy, and haha, bitcoin and this discussion is scaring the shit out of them
mod6: talk about all-time complacentcy
dub: I know its a bit late for this but.. what a fucking idiot
kakobrekla: prolly the last ppl you want to mention btc to
assbot: [MPEX] [O.BTCUSD.C330T] 10 @ 0.14012133 = 1.4012 BTC [-]
assbot: [MPEX] [S.BBET] 298 @ 0.00196499 = 0.5856 BTC [-]
assbot: [MPEX] [S.DICE] 92 @ 0.00634999 = 0.5842 BTC [-]
assbot: [MPEX] [S.MPOE] 770 @ 0.00075894 = 0.5844 BTC [+]
assbot: [MPEX] [S.DICE] 220 @ 0.00634999 = 1.397 BTC [-]
gribble: BTCUSD ticker | Best bid: 31.11011, Best ask: 31.19999, Bid-ask spread: 0.08988, Last trade: 31.19999, 24 hour volume: 42530.67594311, 24 hour low: 30.11710, 24 hour high: 31.69900, 24 hour vwap: 31.07588
assbot: [HAVELOCK] [SDICE] 12 @ 0.6749 = 8.0988 BTC [-]
assbot: [HAVELOCK] [SDICE] 13 @ 0.6749 = 8.7737 BTC [-]
Bowjob: what is this meme about some old people going crazy about an idea
Bowjob: the old people i assume are businessmen
Bowjob: guys, BFL wafers are real!
dub: needs moar clock buffer
mircea_popescu: person actually thinks the 50 bux wordpress charged for a domain reg is why btc doubled.
mircea_popescu: "BitCoin, brought to you by the same power elite who own the money printing industry.
assbot: [MPEX] [S.MPOE] 7985 @ 0.00074743 = 5.9682 BTC [-]
assbot: [MPEX] [S.MPOE] 5000 @ 0.00074742 = 3.7371 BTC [-]
assbot: [MPEX] [S.MPOE] 4101 @ 0.00074741 = 3.0651 BTC [-]
Namworld: Ripple? I don't understand how it works, not really any instructions
kakobrekla: its not that i dont belive that the price of that shit will go up, just not as much as btc.
jcpham: i just like saying ripple
mircea_popescu: "Recently I wrote about how the viability of bitcoin was limited by the risk of total, sudden liquidity collapse . The argument can be summarized as saying that without institutions whose business is transacted in it, bitcoin suffers from a bootstrapping problem whereby a crack in the crypto scheme would create an instant wave of counterfeit and debasement. Since there is no entity to restore trust in the currency with
mircea_popescu: a guarantee, e.g. no central bank or government to offer a sovereign guarantee, a crack would make bitcoin illiquid and worthless. "
mircea_popescu: first off, a crack would make bitcoin useless to begin with.
maximian: and the presence of a bitcoin casino doesn't make an abandoned/cracked bitcoin system viable again
mircea_popescu: moreover, if god himself guaranteed a cracked currency
assbot: [MPEX] [S.MPOE] 12543 @ 0.00074124 = 9.2974 BTC [-]
gribble: evoorhees was last seen in #bitcoin-assets 2 weeks, 0 days, 6 hours, 46 minutes, and 14 seconds ago: <evoorhees> perfect
jcpham: you didn't like my link mircea_popescu
jcpham: dude i bring quality material
mod6: (18:54) < kakobrekla> prolly the last ppl you want to mention btc to
mod6: maybe so. but after talking to 'em and answering questions for 2 hours they're getting it.
mod6: they love what MPEx is, and we talked about bitbet for a while and how that works...
mod6: this is turning out pretty well.
wh1t3r4bb1t: im setting up another bitcoin server and I can't find the default bitcoin.conf on debian squeeze
wh1t3r4bb1t: not the user dir but the default location when it installs
mod6: its not ~/.bitcoin ?
mod6: just do like `find / -name "bitcoin.conf"`
wh1t3r4bb1t: im looking for the default file not the user file
wh1t3r4bb1t: it's only finding this /usr/share/doc/bitcoind/examples/bitcoin.conf
Ukto: wow. "[23:19] <mircea_popescu> this person does not belong writing."
Ukto: never seen you get so annoyed that your english gets broken :P
Ukto: 'does not belong writing' is something I expect to read in a chinese manual. :P
mircea_popescu: jcpham in general you do but that one was for the birds
dub: wh1t3r4bb1t: there is no default bitcoin.conf
dub: if you create bintcoin.conf in the datadir it will use that by default
Chaang-Noi: what is this ? <kakobrekla> nefario talking to us customs
Chaang-Noi: when he tried to get into usa with no money from china?
Chaang-Noi: thought it might have been recent, thanks
gribble: BTCUSD ticker | Best bid: 31.02002, Best ask: 31.18998, Bid-ask spread: 0.16996, Last trade: 31.18998, 24 hour volume: 40177.44122778, 24 hour low: 30.22822, 24 hour high: 31.69900, 24 hour vwap: 31.17512
BingoBongo: Guess this is the normal lul before the usual Thursday fireworks
assbot: [BTCTC] [B.YABMC] 1 @ 0.00896 BTC [-]
Namworld: Who wants to fill the rest of my BTC-BOND borrowing capacity?
Chaang-Noi: are you asking if we want to borrow btc?
gribble: BTCUSD ticker | Best bid: 31.08945, Best ask: 31.12948, Bid-ask spread: 0.04003, Last trade: 31.08945, 24 hour volume: 33052.15782040, 24 hour low: 30.79010, 24 hour high: 31.69900, 24 hour vwap: 31.15151
Chaang-Noi: i thought your english over all was pretty good
wh1t3r4bb1t: bitcoinuser@tyler /usr/bin$ bitcoind getbalance 1361970921224185
mircea_popescu: US unemployment merits third round of money printing, says Ben Bernanke
jurov: this rarely heppens, i'm fairly bullshit-tolerant
pigeons: i read the url and didnt open it
jurov: plus, it's linked from reddit complete with GLBSE logo
mircea_popescu: i guess its still better than the comments section for that zerohedge piece i linked yest
mircea_popescu: X-PHP-Script: vbwojvaixfhhwpfvgbxgjgc.uncw.edu/sendmail.php for 194.78.197.113
mircea_popescu: From: "Payment notification system" <shadxx@gmail.com>
assbot: [BTCTC] [S.MPOE-PT] 25 @ 0.00071 = 0.0178 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 9975 @ 0.0007 = 6.9825 BTC [-]
assbot: [MPEX] [S.DICE] 1000 @ 0.00636999 = 6.37 BTC [+]
assbot: [MPEX] [S.DICE] 4000 @ 0.00637 = 25.48 BTC [+]
assbot: [HAVELOCK] [SDICE] 30 @ 0.66 = 19.8 BTC [-]
assbot: [HAVELOCK] [SDICE] 5 @ 0.65 = 3.25 BTC [-]
assbot: [HAVELOCK] [SDICE] 15 @ 0.65 = 9.75 BTC [-]
topace: mircea_popescu: any idea what "validity" values are, in reference to a gpg signature verification? when i use php's gnupg_verify() i get either validity=4 (for valid signature) or validity=0 (for invalid signature)
topace: i can't just assume that anything >0 is valid.... i need to be sure i know what it means
mircea_popescu: iirc the way to use that function is set checksig to false and then see if it returns the fingerprint
topace: it returns an array: {"fingerprint":"8DDE8C2B4DE2278A95C3D65B9214FC6BF1B69921","validity":4,"timestamp":1361385050,"status":0,"summary":3}
topace: or if invalid: {"fingerprint":"9214FC6BF1B69921","validity":0,"timestamp":0,"status":117440520,"summary":4}
topace: so fingerprint is always returned, but its the key id instead of the fingerprint if the signature is invalid
assbot: [MPEX] [S.DICE] 2000 @ 0.00637989 = 12.7598 BTC [+]
assbot: [MPEX] [S.DICE] 3000 @ 0.0063799 = 19.1397 BTC [+]
jurov: looks like you'll have too use the sauce
jurov: where do the calues come from
topace: jurov: they come from the array that gnupg_verify() returns
topace: mircea_popescu: right, so, if strlen(fingerprint)>15 then its a valid signature? sounds sloppy
mircea_popescu: if returned_fingerprint == expected fingerprint then valid
topace: okay and you're 100% positive that is enough to confirm a signature validity?
assbot: [HAVELOCK] [SDICE] 1 @ 0.65 BTC [-]
assbot: [HAVELOCK] [SDICE] 8 @ 0.643 = 5.144 BTC [-]
assbot: [HAVELOCK] [SDICE] 20 @ 0.6420001 = 12.84 BTC [-]
assbot: [HAVELOCK] [SDICE] 13 @ 0.642 = 8.346 BTC [-]
assbot: [HAVELOCK] [SDICE] 3 @ 0.641 = 1.923 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.633 = 2.532 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.632 BTC [-]
mircea_popescu: and since we're on the topic, i dunno how well it was tested, if you use it you'd prolly be well advised to protect it from buffer overflows etc
topace: hmm k. yea, im already doing some basic sanity checks before the call
mircea_popescu: i'd guess whoever implemented it did it more for show than for banking.
assbot: [MPEX] [O.BTCUSD.C330T] 2 @ 0.13944319 = 0.2789 BTC [-]
mircea_popescu: i think what happens is that 1 month = furthest future point in bitcoin
assbot: [MPEX] [S.DICE] 50 @ 0.0063799 = 0.319 BTC [+]
mircea_popescu: do you suppose we can say that since everyone involved lives paycheck to paycheck
Bugpowder: you can't argue that and also argue that the rise is not driven by the reddit/coinbase crowd
gribble: There are currently 22183.421 bitcoins offered at or under 32.0 USD, worth 705987.683892 USD in total.
mircea_popescu: course possibly a workable model would show people buying that know business, people with large stashes that just happened by at the right time
mircea_popescu: after all, any tech liquidity event is geeks selling out to business people.
Bugpowder: Any thoughts on the coinlab story? It's not clear from the wording that they actually ARE buying / HAVE BOUGHT mtgox's US book or they are just TRYING to buy the book and have achieved absolutely nothing.
mircea_popescu: not only is mtgox not selling, but who is coinbase again ?
gigavps: Bugpowder they are going to be mtgox's us broker essentially
Bugpowder: Are they? Or are they just leaking some hype to a reporter with no actual deal
mircea_popescu: Bugpowder my point is more alongthe lines, there's about five or six of other corps doing what they do.
mircea_popescu: the fact that unlike the competition they have a burn rate is NOT an advantage.
gigavps: guess they found out that HPC work with integer maffs isn't profitable
Bugpowder: " The goal is to move customers’ money from overseas to Silicon Valley Bank by March 22nd." Like by starting a new way to deposit and stealing the future international wire action, or actually pulling all the existing deposits from Japan/HK to a US bank. Anyone have an interview transcript?
mircea_popescu: Bugpowder you ever heard of something like this released other than as a joint item ?
mircea_popescu: other than remarkably incompetent trade mag and remarkably incompetent coinlab pr person.
Bugpowder: "has worked for a year to sign an exclusive long term deal"
Bugpowder: you may have enough bitcoins to make it happen
mircea_popescu: if it were you wouldn't be pissing the op off with statements of the kind
mircea_popescu: prolly what happened is they finally got told to take a hike, and are trying to extrac whatever from it
Bugpowder: looks like VC-style hype trying to create an illusion of success, hopefully leading to actual success.
mircea_popescu: but on the negative side, if coinbase tech competence is anything like their pr ability,
mircea_popescu: at any rate they're running out of money this year, so... meh.
gribble: Next difficulty estimate | 4406669.35421 based on data since last change | 4323557.47279 based on data for last three days
Bugpowder: So that shows they have some money but no focus. They are likely a zero.
Bugpowder: Never match your hat pattern to your shirt pattern
assbot: [BTCTC] [BTC-BOND] 3 @ 0.01 = 0.03 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.684 = 1.368 BTC [+]
gribble: Current Blocks: 223435 | Current Difficulty: 3651011.630693214 | Next Difficulty At Block: 223775 | Next Difficulty In: 340 blocks | Next Difficulty In About: 1 day, 15 hours, 36 minutes, and 41 seconds | Next Difficulty Estimate: 4409373.22265 | Estimated Percent Change: 20.77127
pigeons: i declare today ridiculous idea link day in honor of coinlab
mod6: yeah, so that ended up going pretty well lastnight.
mod6: very lengthy and lively discussion on all things money/econ/bitcoin
mod6: haha. not exactly. but at first the guys who are long paper had some FEAR that they're paper is going to 0. and rightly so....
mod6: but after talking about this for like 3 or 4 hours... they started to understand btc a bit more and what its important
mod6: haha, the discussion was HEATED at first... "WHAT IS IT BACKED BY???!!!11" that kinda thing.
mod6: there was even talk about the Trillion Dollar Coin for like 20 minutes lol
mod6: my whole thing is, "if you think that platnium is $1tn because they need it to hypothicate some new money, what does that say about the price of gold, silver or bitcoin?"
mod6: then they start to see....
mod6: one dude outright called me "Crazy" and "a crackhead" lol
kakobrekla: Jay Walker, a forex prop trader, said he’d jump to any forex broker deal that would allow him to do currency pair trades and get paid out in bitcoins. This is something the Bitcoin exchanges could do by signing deals with forex broker deals – assuming they get through each country’s regulatory process.
mod6: get him on bit4x kakobrekla
mod6: one of the dudes over there has been blowing me up for a few weeks about these avalons.. he wants to buy a few to start to do some mining.. and that turned into a lengthy discussion.
mod6: but he said he's gonna contact them etc to see what he can find out lol
mod6: i explained the BFL and avalon stuff to them. I think they're pretty sweet on mining. But the online-poker site is something they'd like to see get built. they own a full legal casino here, so I'm trying to get them to see how this would be awesome for gaming, mainly.
mod6: I think they'd be better off funding some iPad-bitcoin-slotmachines
mod6: right now when you go into the casino, you can put cash onto your players card -- and when you walk up to a machine you just put your card in.
mod6: they're getting less and less business from what I understand,.. the money is drying up quite a bit so gaming has been light
mod6: im sure if they could get something like that going so that people could play their slots from their couch as opposed to driving 40 miles to the casino they'd be happy.
assbot: [MPEX] [S.DICE] 830 @ 0.0063799 = 5.2953 BTC [+]
gribble: BTCUSD ticker | Best bid: 31.29001, Best ask: 31.38899, Bid-ask spread: 0.09898, Last trade: 31.38751, 24 hour volume: 29714.39995236, 24 hour low: 30.79010, 24 hour high: 31.39000, 24 hour vwap: 31.12173
mod6: I brought 3 .1 BTC paper wallets with me to pass around, so that gave them something to hold and concider while the discussion was going on... after I left I wanted to kick myself.
mod6: I should have just started a live auction for 'em. Maybe next time.
mod6: This is a good thing though, because if these guys get wholly onboard, bye-bye fake-economy job, hello bitcoin land!
gribble: BTCUSD ticker | Best bid: 31.30000, Best ask: 31.38999, Bid-ask spread: 0.08999, Last trade: 31.38999, 24 hour volume: 28119.55661008, 24 hour low: 30.79010, 24 hour high: 31.40000, 24 hour vwap: 31.12346
Chaang-Noi: just what i needed to wake up, thanks gribble
assbot: [BTCTC] [MININGCO.ETF] 1 @ 0.57 BTC [-]
kakobrekla: would someone be writing for bitcoin-assets.com ?
gribble: New crowdfunding platforms let you sell stock in yourself | The Verge
gribble: Error: I tried to send you an empty message.
chmod755: thestringpuller, wall street deal?....
chmod755: i'm waiting for mark to say something on the subject before commenting
chmod755: bitcoin is on wall street.... *occupy* wall street....
gribble: BTCUSD ticker | Best bid: 31.31365, Best ask: 31.41000, Bid-ask spread: 0.09635, Last trade: 31.42000, 24 hour volume: 28018.45963541, 24 hour low: 30.79010, 24 hour high: 31.42000, 24 hour vwap: 31.12569
chmod755: ;;eightball will the price close at 42 this month?
gribble: You know the answer better than I.
chmod755: Bugpowder, oic, i thought it's just 40m
Bugpowder: which of you assholes has been downvoting my comment.
jcpham: if coinlab doesn't roll out a hpc client, they fail
jcpham: their pool hashrate is nil
Bugpowder: I only really see MM used as an abbrev for millions in a finance context.
jcpham: "I suspect that coinlab has burnt thru most of their funding without having launched any products, and are now desperately trying to get some press for another funding round before they go under."
jcpham: IN 2011, miners raped coinlab for 95%
jcpham: when the block reward halved, we gamed their PPS until it was unprofitable
jcpham: now it's no longer even profitable to mine there
jcpham: even with their bonus PPS
dub: I like how the glbse logo
Bugpowder: that would be a great nugget for the reddit discorse.
jcpham: you lose money mining and their pool hashrate is literally nothing
jcpham: they need to release a client that allows gpou miners to get paid
jcpham: otherwise they are dead
jcpham: that's the year the mayans came
chmod755: jcpham, yeah, but nobody realized that we all died and the world ended
mod6: (09:41) < mircea_popescu> mod6 maybe you should start a blog << maybe i do need a new venue for this kinda thing
jcpham: i plan to blog the things one day
mod6: I'm not much of a writer though.
jcpham: i do not, however, intend to charge people "credits" to simply read my words
Bugpowder: only thing worse than a blogger is someone planning on blogging
dub: jcpham: do you even blog?
mod6: YOU'RE NOT A WRITER, YOU'RE A KILLER!
jcpham: jcph.am is a wordpress blog though
mod6: you ever see Full Metal Jacket?
mircea_popescu: jcpham actually bitcoin magazine is quickly becoming a sort of elephant cemetery
dub: I was blogging on geocities when you where crapping in your hands and rubbing it in your face
dub: dude best gary busey line in a movie ever
Bugpowder: It's not SI, but it is common use in finance.
gribble: There are currently 19178.646 bitcoins offered at or under 32.0 USD, worth 611487.663102 USD in total.
gribble: There are currently 15678.665 bitcoins offered at or under 31.97 USD, worth 499487.858446 USD in total.
mod6: point break is pretty awesome
jcpham: Bugpowder listening now
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.1 BTC [+]
jcpham: i recognize some of the mixes in this set though
jcpham: looks like something i'd rock out to
Bugpowder: He was more purple music, westcoast midtempo shit with some rapping remix stuff, which sorta presages the latest trap trend really well.
assbot: [BTCTC] [BTC-BOND] 4 @ 0.01 = 0.04 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00629 BTC [-]
mod6: oh shit. random acts of cat.
dub: I'll say it again, fuck. trap.
dub: I take better sounding shits
ThickAsThieves: dunno for sure yet Ed, they give status updates on Thursday, I know they intend to put their own exchange up before dividends are due,
gribble: There are currently 10156.462 bitcoins demanded at or over 30.0 USD, worth 311026.132877 USD in total.
Bugpowder: 6,000 BTC of asks below 32 disappered in the last 2 hours
gribble: There are currently 13148.162 bitcoins offered at or under 31.97 USD, worth 418585.522518 USD in total.
dub: we goin downtown bitch
dub: on the station that plays only platinum hits, if you lickin nuts, double you balls
aethero: ~1.25 left until next ZIGGAP release on BitFunder
jcpham: looks like more unfinished work to me
jcpham: another picture of work that remains to be done
Bugpowder: many things can go wrong in the bumping process.
error4733: cant belive they're happy to show a pictures after 9 month
Bugpowder: It took our project 9 months and a change of vendors to get our chips properly bumped.
Bugpowder: It was probably a more complex issue
Bugpowder: custom silicon probes for chronic in vivo neural recording
Bugpowder: but it still was SUPPOSED to be easy
error4733: realy curious about all this ! diff, rally if they ship, avalon, etc
dub: forum ad: Advertisement: I HATE TABLES I HATE TABLES I HA(.°.°... ... TABLES I HATE TABLES I HATE TABLES
dub: how much did they pay for that?
dub: and its not a link in either!
jurov: *sigh* just came home... was blocking the elevator 10 minutes
jcpham: asicminer was close to 5TH/s last time i looked
jurov: cuz neighbor convincing me the banks want to crash all existing currencies to create a unified world currency
jurov: in 10 years. and i couldn't explain to him they will get obsolete by that time
jcpham: i think the united states is the only country interested in unifying the world
jcpham: currency/government/law/whatever
jcpham: illuminati->united states-> united nations-> galactic alliance
jcpham: i think i've made my point
gribble: There are currently 145.92166 bitcoins offered at or under 31.68 USD, worth 4610.13055542 USD in total.
gribble: There are currently 79821.88 bitcoins offered at or under 9000.0 USD, worth 7849274.53213 USD in total.
jurov: lol they end up being bought by romania.. with mircea as president
jurov: bugpowder ragequit?
gribble: There are currently 79422.474 bitcoins offered at or under 1000.0 USD, worth 5916315.03342 USD in total.
jurov: what do you think about bet: CoinLab will close or cease bitcoin payments by June ?
jurov: just putting it together
jurov: how to apply it to coinlab?
mircea_popescu: (they won't die by june, as their burn rate isn't quite enough)
kakobrekla: Deadpool (Wade Winston Wilson) is a fictional character, a mercenary and anti-hero appearing in comic books published by Marvel Comics. Created by artist Rob Liefeld and writer Fabian Nicieza, Deadpool first appeared in The New Mutants #98 (Feb. 1991).
mod6: hmm, some sort of app promo thingy.
mod6: has anyone ever gotten good delivery from bitmit?
mod6: i haven't used it yet.
jurov: bet posted, has "nefario clause" too lol
error4733: if you dont know where you send money for escrow, better to play at satoshi dice
error4733: so i wait until, they refund all account etc... before risk myself in it
error4733: shame bc a ebay like with good trust have a HUUUUUUUUUUUGGeeeeeeee potential
assbot: [BTCTC] [B.YABMC] 1 @ 0.00889 BTC [-]
Ukto: [14:53] <jurov> what do you think about bet: CoinLab will close or cease bitcoin payments by June ? <-- Did I miss something?
jurov: they basically don't know what they're doing.. and apparently they cancel orders anytime when mtgox goes up
jurov: quite a mess... so decided bet may be in good order
Ukto: I was actually talking to an old friend of mine that uses them on an extremely large website
Ukto: whos considering moving over to weex as soon as I make it ready
jurov: oh they're selling at same price as in sunday?
Ukto: was 0.00005 now its 0.0001
assbot: [MPEX] [O.BTCUSD.C370N] 2 @ 0.15307998 = 0.3062 BTC
assbot: [MPEX] [S.DICE] 51 @ 0.0063799 = 0.3254 BTC [+]
jurov: thought live.coinbr seized again... but there just wasn't any trade
jurov: anyone has a clue why?
pigeons: omg ICE seized coinbr.com? ;)
jurov: there was almost no mpex trade overall, not just coinbr... so it was prolly seized, too :D
pigeons: yeah mpex volume sure has been low
ThickAsThieves: SDICE divs are coming up, one whale bought all the MPOE, and BBET has no divs
kakobrekla: if this goes on theyll get their own category