pigeons: did you notice the notice mircea_popescu ?
gribble: BTCUSD ticker | Best bid: 59.84200, Best ask: 59.85000, Bid-ask spread: 0.00800, Last trade: 59.84200, 24 hour volume: 117139.99539755, 24 hour low: 50.00000, 24 hour high: 62.00000, 24 hour vwap: 55.05158
assbot: [BTCTC] [ESECURITYSABTC] 2 @ 0.4748 = 0.9496 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.84200, Best ask: 59.85000, Bid-ask spread: 0.00800, Last trade: 59.84200, 24 hour volume: 117139.99539755, 24 hour low: 50.00000, 24 hour high: 62.00000, 24 hour vwap: 55.05158
mircea_popescu: Due to the massive reduction in financial support we found ourselves in a position where being an incorporated organisation cost more than what we were able to bring in in donations and after years of operating at a loss it was decided that we would apply for the dissolution of the corporation in order to drastically reduce costs.
mircea_popescu: lmao. so wait, the few hundreds i donated were most of their fiscal income ?
mircea_popescu: seeing how... well... there's some costs to maintain status but they're not THAT high
dub: you were the first person to donate in years, someone is taking that money and running
assbot: [BTCTC] [RSM] 1 @ 0.00574 BTC [-]
tiberiusiv: being an incorporated organisation costs like $200
mircea_popescu: tiberiusiv yeah. in the uk it's more like 250 pounds iirc
pigeons: they shoulda taken bitcoins
pigeons: i should start a foundation...
assbot: [BTCTC] [RSM] 2 @ 0.00575 = 0.0115 BTC [+]
dub: freenode is retarded
benkay: and yet runs a service that makes all of our lives a little better or easier for negligible outlay?
dub: though it got a lot less retarded after a certain someone got run over
Bowjob: did we actually hit 62
dub: im not aware of any other incorporated ircnets
Bowjob: i was cleaning my room.. them bam! 62
assbot: [MPEX] [S.MPOE] 7436 @ 0.00071978 = 5.3523 BTC [+]
mircea_popescu: who ever heard of this nonsense anyway. dissolve the charity, not announce in advance...
mircea_popescu: you could say you know... hey douches... next month. next week! something.
benkay: are you seriously surprised?
benkay: they don't have customers.
benkay: why should they act as if they did?
mircea_popescu: stakeholders is the correct expression in this circumstance.
benkay: probably why pathological behavior is so common among charities.
assbot: [MPEX:S.DICE] 1D: 0.004 / 0.00440918 / 0.0051 (54330 shares, 239.55 BTC), 7D: 0.004 / 0.00482395 / 0.00599987 (125487 shares, 605.34 BTC), 30D: 0.00300001 / 0.00605764 / 0.0069 (2344808 shares, 14,204.01 BTC)
assbot: [MPEX] [S.DICE] 7158 @ 0.004 = 28.632 BTC [-]
deadweasel: bitfunder sdice is up, which is relative
assbot: [MPEX] [S.MPOE] 976 @ 0.00073645 = 0.7188 BTC [+]
benkay: bets on today's close?
Bowjob: dice doesnt look so good
pizzaman1337: benkay: today's close? market doesn't close...
benkay: pick a universal timestamp, pizzaman1337.
Bowjob: what ever happened to ianbakewell
Bowjob: he shorted btc at 34.50
Bowjob: hasnt been online for 15 days
Bowjob: he shorted s.dice when it was 0.62
Bowjob: so he did something okay
Bowjob: not enough to cover 600 BTC short
pigeons: and when does he have to cover the dice, not out of the woods yet
Bowjob: whatever happened to proudhon
gribble: BTCUSD ticker | Best bid: 59.11711, Best ask: 59.74999, Bid-ask spread: 0.63288, Last trade: 59.11710, 24 hour volume: 111543.27108190, 24 hour low: 50.00000, 24 hour high: 62.00000, 24 hour vwap: 55.39889
mircea_popescu: "he shorted btc at XXX. hasnt been online for 15 days"
Bowjob: not as bad as that dude who called 23.98 the top of 2013
error4733: MP:not big diff b/t fickle et fucked. look at the book... just no way to sell if you want your money back.. :fu:
Bowjob: 300 bucks at the end of the year
pigeons: i shorted at $2 and im still here
Bowjob: I've seen S.Dice tanking honestly
Bowjob: I like how ian says more people will gamble on dice the higher the price
Bowjob: but then he shorts it anyway
benkay: problem of trading stocks denominated in rapidly appreciating currency
mircea_popescu: well... here's the thing. markets cycle. either this is nonsense and so the savvy will make a pretty penny buying it once the retail investors dumped
assbot: [MPEX] [S.DICE] 2000 @ 0.00383838 = 7.6768 BTC [-]
mircea_popescu: or else the concerns are legitimate and sdice is going to shit.
assbot: [HAVELOCK] [SDICE] 3 @ 0.42 = 1.26 BTC [+]
BitHub: its been going shit the last 2 months but okey
Bowjob: in any case, my concern was legit and proven right now
Bowjob: until dice goes back to 0.75
BitHub: sdice will myspace it up by end of the year
Bowjob: i got out at 0.75 and 0.62, lets see where this goes
Bowjob: i saw some whale playing, he lost 400 BTC on one bet or something
BitHub: they're divs are shit house too
mircea_popescu: iirc this month div is going to be low, a few hundred or something
Bowjob: for this month. dice is up about 3k
BitHub: wait all month for small shit
Bowjob: erik was smart to sell those shares
assbot: [MPEX] [S.MPOE] 2600 @ 0.00072738 = 1.8912 BTC [-]
pigeons: foresaw what? increasing profits?
Bowjob: he doesnt own dice 100% irrc
pizzaman1337: pigeons: a month where S.DICE was lower and might have a grim-looking future compared to what it seemed it would be
Bowjob: he said thers 2-3 private investors
pizzaman1337: I think it's only a matter of time before the BTC price affects S.DICE bet volume
pigeons: pizzaman1337: people keep saying that and keep being wrong, but maybe
pizzaman1337: pigeons: I'd like to hope with them as I'm a shareholder (just hold a little)
assbot: [MPEX] [S.BBET] 2500 @ 0.0018 = 4.5 BTC [+]
pigeons: ok, i bet you are wrong and right a few times before its over
error4733: the 400 bet was just a losing martingale
error4733: true, they bought s.dice overpriced at 0.0075 :D
Bowjob: the 0.75 came with the expectation that the whale would continue playing
pigeons: who is a bigger sucker, the person still getting better than fiat dividends from her 0.0075 S.DICE shares, or the sucker playing a negative EV strategy?
Bowjob: with the same intensity or even better
error4733: i'm still in green but is earasing the btc rally :(
Bowjob: "hey chris surrender yet? "
Bowjob: its the dude I told about BTC when it was 17, never bought any even though he expressed interest in buying some
pizzaman1337: mircea_popescu: will the mpex bot start doing some market making on options above 750 at some point?
mircea_popescu: well... atm im trying to discern what tyhe fuck to do here, because price went up so much. i am guessing i'll do 15-150 by steps of 3
mircea_popescu: Bowjob i think the argument is misplaced. unless you actually NEED the btc, having the shares produces future revenue. even one satoshi is revenue
mircea_popescu: holding the btc or throwing them around in weird loan schemes etc does not.
smickles: bah, soebot had an overflow error
BitHub: wow i've made enough coins to quit and go make a movie
BitHub: what a proud moment i thought it was going to take me all year
BitHub: :) its tripped out, owe a huge thanks to bitcoin
Bowjob: wasnt he gonna list her
pigeons: operators say they are suprised amazon let them get away with using their log and name this long
pigeons: amazonlitecoins.com to open next week
mircea_popescu: "We had a good run, and we can't thank our customers enough for their overwhelming adoption and support. It truly is hard to believe that less than a month after launching we have hundreds of users and have processed thousands of dollars per day."
gribble: BTCUSD ticker | Best bid: 59.40000, Best ask: 59.75998, Bid-ask spread: 0.35998, Last trade: 59.77000, 24 hour volume: 105293.89337341, 24 hour low: 50.22010, 24 hour high: 62.00000, 24 hour vwap: 55.89276
pizzaman1337: how often does the mpex bot recalc it's market options offerings prices?
assbot: [BTCTC] [COGNITIVE] 7 @ 0.16002 = 1.1201 BTC [-]
assbot: [BTCTC] [COGNITIVE] 2 @ 0.16 = 0.32 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.13 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.33318 = 0.9995 BTC [-]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
assbot: [MPEX] [O.BTCUSD.P570T] 1 @ 0.09636292 BTC
BitHub: not when you got to make another buy tomorrow :P
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16002 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16002 BTC [+]
assbot: [MPEX] [O.BTCUSD.P570T] 6 @ 0.0963272 = 0.578 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 120 @ 0.000712 = 0.0854 BTC [+]
gribble: dub was last seen in #bitcoin-assets 31 seconds ago: <dub> yes hello
[\\\]: dust doesn't like me
[\\\]: then again, many people don't
assbot: [MPEX] [S.MPOE] 3724 @ 0.00073645 = 2.7425 BTC [+]
assbot: [MPEX] [S.MPOE] 2246 @ 0.00073744 = 1.6563 BTC [+]
gribble: jurov was last seen in #bitcoin-assets 3 hours, 40 minutes, and 31 seconds ago: <jurov> that's VERY rogue taxidermy
assbot: [MPEX] [S.MPOE] 4032 @ 0.00072738 = 2.9328 BTC [-]
mircea_popescu: (b)Based on their knowledge of the company and its assets, as well as on evaluation of market demand, current profitability and projected evolution, the representatives of SatoshiDice have elected to offer in this IPO a total of 10`000`000 (ten million) shares, as follows : one block of 2`000`000 (two million) shares at a price of 0.0032 BTC each ; one block of 5`000`000 (five million) shares at a price of 0.0034 BTC e
mircea_popescu: ach ; one block of 3`000`000 (three million) shares at a price of 0.0037 BTC each.
assbot: [BTCTC] [COGNITIVE] 1 @ 0.16001 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 58 @ 0.00462 = 0.268 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 33 @ 0.00462 = 0.1525 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 909 @ 0.00455 = 4.136 BTC [-]
[\\\]: I'm not diggin the thighs
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
[\\\]: they look like they were photoshopped on
mircea_popescu: esp seeing how her thick butt is about 20x the thickness of her wrist
[\\\]: right where her hand touches, its weird there
[\\\]: but I suppose its possible
mircea_popescu: a well. so our dreams are shatter't on the cold shores of jagged reality
[\\\]: there's several billion of them, so waht if 1 doesn't match?
[\\\]: so what's the mpex fee up to now?
[\\\]: ;;calc 30 * [ticker --last]
[\\\]: it costs more for exchange membership than many people's mortgage
mircea_popescu: not to mention it generated 100's of k's worth of value or so for the people who didn't procrastinate/think themselves better/entitled/whatever.
[\\\]: seperate the smart from the dumb
mircea_popescu: you and me baby are nothing but mammals so let's do it the bitcoin way!
BitHub: lets do it like they do it in the bitcoin-assets channel
BitHub: nice, reminds me me fingerbanging girls at 15
BitHub: need some beastie boys
mircea_popescu: 7500 words expended to clearly show he doesn't understand what exactly shareholders are, how they're different from founders and wtf exactly finance is
mircea_popescu: for the past two years i've been drowning in well meaning idiocy. it's a fate worse than death.
mircea_popescu: and also i blame the equalitarian atmosphere in the english speaking world. there's no worse form of child abuse than telling them they're equal to anyone.
gribble: BTCUSD ticker | Best bid: 59.66661, Best ask: 59.90000, Bid-ask spread: 0.23339, Last trade: 59.90000, 24 hour volume: 103877.10338041, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.15735
[\\\]: I'm pretty certain Britain doesn't tell everyone they're equal to anyone
[\\\]: and they're fucking English
mircea_popescu: show me a one case past 15 years where a kid was told "you can't do what this other kid does because he is better than you"
[\\\]: oh right, because I'm in the UK school system
[\\\]: jesus christ, they still have nobility
[\\\]: that right there tells them
mircea_popescu: not like they have to go on their knees when nobility enters the room
mircea_popescu: or at least motherfucking stand up, which is really the absolute fucking minimum.
assbot: [MPEX] [S.MPOE] 7110 @ 0.00073526 = 5.2277 BTC [+]
assbot: [MPEX] [S.MPOE] 4732 @ 0.00072738 = 3.442 BTC [-]
assbot: [MPEX] [S.MPOE] 5650 @ 0.00071402 = 4.0342 BTC [-]
smickles: < [\\\]> jesus christ, they still have nobility << they still have nobility who exercise royal prerogitive
smickles: ya know, from what i understand about the retained prerogitive, the queen could prevent the prime minister of canada from taking office after being elected
mircea_popescu: problem is, it;'s never used, so it just serves as perverse strengthening of the equalitarian delusion.
smickles: has to do with the viceroy or something
dub: every times smickles trots out some alex jonesism I die a little
smickles: lol, dub it's not like i think she could actually exercise that power
dub: you will find any number of antiquated bylaws in every legal system, shit thats not worth legistlating over
dub: for example its required for hoteliers to provide horse parking in the capital of my country
smickles: but they apparently do still exercise the power by quashing laws in england which would deprive them of land and such
assbot: [MPEX] [S.MPOE] 1806 @ 0.00070749 = 1.2777 BTC [-]
mircea_popescu: smickles it's not about some obscure exercise of power.
mircea_popescu: it's about people being forcibly confronted with proof of their inferiority in a social setting,
mircea_popescu: helps them learn about what they can and can do and so should or shouldn't attempt.
smickles: heh, yeah, different topic entirely
dub: 'the queen runs canada' is a fairly common complaint in the extreme libertard circles is all im saying
smickles: i've hardly any idea who runs canada.
dub: moosecock runs canada
smickles: moosecock it is then. cheers to moosecock
dub: like other british colonies they have a prime minister who fronts one of several political parties, advised by a caucus/cabinet of senior members and the lowly back benchers
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http://www.bitswing.com http://www.bitswing.com dub: effective marketing campain you have there
mircea_popescu: kakobrekla can you set assbot to autoban on any mention of bitswing.com for an hour ?
dub: bitswing sounds like some kind of meatspin variant
kakobrekla: in theory i could but you would be banned now
mircea_popescu: retarded kid, didn't even come up with a random name, just mashed kbd
Bugpowder: I need these diff futures to close so I can buy this S.DICE
assbot: [MPEX:S.DICE] 1D: 0.00383838 / 0.00434507 / 0.0051 (63488 shares, 275.86 BTC), 7D: 0.00383838 / 0.00476551 / 0.00599987 (134645 shares, 641.65 BTC), 30D: 0.00300001 / 0.00604938 / 0.0069 (2352566 shares, 14,231.58 BTC)
assbot: I haven't understood a single word you've said since I met you, not one single word.
assbot: Last trade for S.DICE on MPEX was at 0.00383838 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 830 @ 0.00455 = 3.7765 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.80001, Best ask: 59.84000, Bid-ask spread: 0.03999, Last trade: 59.84000, 24 hour volume: 105452.24769737, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.25821
assbot: [BTCTC] [GSDPT] 190 @ 0.004231 = 0.8039 BTC [-]
mircea_popescu: funny. i wonder if the roman empire had rules about barbarian shaving practices right before odoacer
mircea_popescu: it's funny, cyprus govt destroyed 5bn euro worth of suckers fiat,
mircea_popescu: ty eu. keep on with your policies, a 4-5% conversion engine is great for bitcoin.
bgupta: Or, Utopia if you are an anarcho-capitolist.
assbot: [MPEX] [S.MPOE] 2828 @ 0.00073744 = 2.0855 BTC [+]
mircea_popescu: actually bgupta ... any sort of future that includes the state is science fiction at this point.
bgupta: perhaps a bit hyperbolic? but I get your gist.
pigeons: mircea_popescu hyperbolic? nevar
mircea_popescu: i don't think so. without a cheap and effective way to maintain informational supremacy and without control of wealth transfer there simply can't be a state.
mircea_popescu: the original innovation that even allowed the state (ie, bureaucracy) has been meanwhile erroded by the internet.
bgupta: You are assuming that certain states wouldn't just shut down the public telco grid to survive.
mircea_popescu: this is like saying "miners will be shutting out s.dice"
mircea_popescu: unless, of course, you imagine the amish are some sort of separatist state within the us.
benkay: has cyprus gone through with the taxation yet?
mircea_popescu: they've changed the proposed law 3 times so far, still not a law.
dub: oh I saw a good quote in -dev for you MP
benkay: what are likely outcomes if the vote in parliament fails?
bgupta: Well, I am thinking that it could swing to the other direction of totalatarianism.. in the US we are seeing a steady erosion of our freedoms, as the surveillance state becomes a reality.
benkay: cuz if they reopen instant run
dub: [19:11] <gavinandresen> sure. We have to embrace transaction volume, more people == more success == more transactions
benkay: not if you're friends with your local politicians, bgupta
assbot: [BTCTC] [GSDPT] 100 @ 0.00482 = 0.482 BTC [+]
benkay: and can purchase their friendship
mircea_popescu: benkay even so it's safer to purchase it from a distance.
bgupta: the reality is most citizens aren't technically adept to use privacy tools properly.. nor don't care, and it will be hard for those that aren't superrich to uproot their families on a (to most citizens) alarmist future view.
mircea_popescu: bgupta why do the inept and poor matter in this discussion ?
benkay: good lord of course they're not
Bugpowder: [22:29] <mircea_popescu> created ~300 mn usd worth of bitcoin wealth. SO FAR. This isn't over yet.
mircea_popescu: Bugpowder also true. was just doing a sort of "minimal eval"
dub: bgupta: the real reality is you've been a surveillance state since the '90s
mircea_popescu: asciilifeform are these provably intelligent or just assumedly intelligent ?
dub: you're just starting to wake up
gribble: There are currently 19157.386 bitcoins demanded at or over 50.0 USD, worth 1043997.85644 USD in total. | Data vintage: 52.3699 seconds
bgupta: dub: Yeah: Unofficially, now they are pushing really hard to make it official.. :(
assbot: [BTCTC] [COGNITIVE] 1 @ 0.12202 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.12202 BTC [-]
bgupta: at least with it unofficial they had to think twice about using info they weren't supposed to have
Bugpowder: The truth is is that we live in an surveliannce state, BUT the watchers are pretty lazy, like most humans.
Bugpowder: does anyone here think GMO is bad?
vampireb: i dont have strong feelings about GMO, but everyone is NY is crazy about "organics" food..
vampireb: though "organics" usually means crap
Bowjob: whoa canadian bitcoins selling for $70 per coin?
mircea_popescu: the jewish deli still the best way to get edible food in ny
gribble: BTCUSD ticker | Best bid: 60.29000, Best ask: 60.30000, Bid-ask spread: 0.01000, Last trade: 60.29000, 24 hour volume: 105617.40285754, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.36720
assbot: [MPEX:S.DICE] 1D: 0.00383838 / 0.00434507 / 0.0051 (63488 shares, 275.86 BTC), 7D: 0.00383838 / 0.00476551 / 0.00599987 (134645 shares, 641.65 BTC), 30D: 0.00300001 / 0.00604938 / 0.0069 (2352566 shares, 14,231.58 BTC)
vampireb: men russian stores are fine here, though these are jewish russian anyway
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8593 BTC [-]
vampireb: i am quiet sure that humans adapted to food too in the last 100 years... well look at all these fatties in US
vampireb: (reminds myself to go to gym tomorrow)
Bugpowder: I thought patent trolls are people that sue that are not acutally using the patent, NPEs for example.
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.8593 = 6.0151 BTC [-]
benkay: someone's going to get insanely wealthy using genomics to breed better corn
Bugpowder: why is a patent troll bad? They monetize intellectual property so small inventors can collect on people that rip them off, with reduced risk.
benkay: instead of trying to engineer nature
Bugpowder: benkay, what is the difference between "genomics" and trying to "engineer nature"
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.8594 = 8.594 BTC [+]
Bugpowder: asciilifeform: I have some knowledge of the fields in which I invite debate.
mircea_popescu: Bugpowder i fail to see a difference between patent trolls and any other ip rights trolls.
mircea_popescu: if you think riaa is making artitsts be paid you're perhaps going on wishful thinking
Bugpowder: There are plenty of plaintiff side contingency firms that will take your patent case if you have a valid claim and a decent damages model.
benkay: actual history of crop yield improvement.
benkay: until recently, rooted in breeding instead of engineering.
benkay: and whoopee congratulations, we're so efficient in america that we got some *great* results by doing some weird stuff and then grew that everywhere. instant monoculture
Bugpowder: benkay, the combination of selective breeding with targeted mutagenesis is MUCH more effective at increasing yield, quality AND adapting to pests.
smickles: asciilifeform: sounds like you are talking about any court case
Bugpowder: asciilifeform: That is false in a contingency case.
Bugpowder: Let me suggest an alternative formulation of patent troll.
pigeons: patent troll = anyone who files afucking patent
Bugpowder: A patent troll is someone who sues a large number of possibly infringing defendents, many small businesses, who lack the funds to defend themselves, and thus seek to shake down these defendents for a settlement that is slightly less than the cost of fighting it thru dismissal
pigeons: trademark abuse i think should be prosecuted under fraud and is a valid form of ip
pigeons: but patent have never been ethical
benkay: bugpowder ooh with mutagenesis awesome i need sauce tho
bgupta: patent is fine, except where it was extended in term, and applied to sfotware and business methods.
Bugpowder: I would say Apple suing Samsung, or Carnegie Mellon suing Marvell is not a patent troll.
benkay: and must run now so pm plz bugpowder?
pigeons: i would say apple existing is a troll
mircea_popescu: a patent troll is any entity which seeks to enrich itself by denominating and thus proposing to have captured anything which exists outside of and independent of their efforts.
BitHub: apple is one of life's trolls
Bugpowder: bgupta: The Bilski ruling has invalidated most software only patents
dub: apple is a user troll
BitHub: btw i'm still buying patents in exchange for btc
mircea_popescu: in this reading any attempt to patent anything to do with gmo is patent trolling.
BitHub: if anyone has any good cheap ones
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.8596 = 2.5788 BTC [+]
mircea_popescu: you may patent the process, you may not patent the result, inasmuch as the result is a plant
pigeons: god i hope we never have apple "quality" products from anyone
bgupta: When was that? I thought that it was still up in the air?
pigeons: any attempt to use force to control ideas is trolling
Bugpowder: Ruling is that the software must interact with a physical machine
pigeons: all patents are a problem all copyrights for all humans
Bugpowder: provides an additional test for KO software only claims
bgupta: wait that didn't have blanket applicability the supreme court specifically made a very narrow ruling deferring the question of patentability for a future court/case
Bugpowder: I think it is being read fairly broadly by the community
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8596 = 1.7192 BTC [+]
Bugpowder: certainly it is influencing what cases are now being brought and what are discarded based on 'bilski vulnerability'
bgupta: It however could have been in worse.. and they could have affirmed the validity of sfotware patents
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8596 BTC [+]
mircea_popescu: asciilifeform trademarks are really just a way to prevent idiots from abusing "some" names.
mircea_popescu: basically, marketing consists on trying to extract value from a word.
mircea_popescu: to the detriment of everyone else. it's a society-wide language-wide externality.
pigeons: if you pass yourself off as something you're not, that is fraud to me
mircea_popescu: the association of shitproduct with "superior" damages the word superior
mircea_popescu: then when i say superior people misunderstand me, thus making me explain.
pigeons: asciilifeform: interesting
mircea_popescu: so in general, until marketing can be outlawed completely, trademarking is a bandaid
pigeons: no marketing? how will we bring bitcoin to wall street?
mircea_popescu: seriously, if us libertards did smart shit (such as ban any advertising) instead of dumb shit (ban smoking)
mircea_popescu: we'd be looking at a muchly different us balance of trade
pigeons: and truth is me and many other will happily pay less for the "fake" shoes
BitHub: pirated shit is the best
mircea_popescu: BitHub just as long as you can identify what it is you're buying.
BitHub: many lv bags, wallets sunnies overseas
mircea_popescu: this is the underpinning of free markets : being able to evaluate what you buy and what you pay for it.
BitHub: sold them back to my friends at like 500% profits
pigeons: im more worried about shipping sunglasses from china than ordering from silk road
BitHub: better off going there and buying up and bringing a years worth back
mircea_popescu: typical of the interaction between a more advanced and a less advanced civilisation
BitHub: those dr dre beat headphones
BitHub: bought some for like 50$ sounds exactly the same, same chinese factory that's why
BitHub: i just love going to china town and buying 10 ray ban sunnies for the price of 1
BitHub: and its the same quality
assbot: [BTCTC] [GSDPT] 100 @ 0.004231 = 0.4231 BTC [-]
BitHub: there is shit stuff of course you have to look out for but i only get the best pirated stuff
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.105 = 0.42 BTC [+]
mircea_popescu: it's how the civilisation engine has been working so far yes.
mircea_popescu: and it's also why i laugh at silly notions such as midnightmagic's "progress"
smickles: sounds like the army of the 12 monkeys
mircea_popescu: asciilifeform nobody. but that's not really the point, now is it ?
gribble: BTCUSD ticker | Best bid: 60.28000, Best ask: 60.29000, Bid-ask spread: 0.01000, Last trade: 60.29000, 24 hour volume: 106776.94964017, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.47866
mircea_popescu: and that mumbairite can always drop by and say hi. especially if she has nice legs and a thick ass i'll be interested.
Bowjob: help me pick the color of my lambo
assbot: I don't know those people, and they don't look very friendly.
assbot: The vision of Christ that thou dost see ... is my vision's greatest enemy.
mpexbot: smickles: 1 day: no data 7 day: no data 30 day: average: 0.29789377 high: 0.31662031 low: 0.17554903 volume: 22028 btc: 6562.00388512
mpexbot: smickles: Bids: ['1000 @ 0.44954682']
mpexbot: smickles: Asks: ['1000 @ 0.54818967']
gribble: BTCUSD ticker | Best bid: 60.27999, Best ask: 60.30000, Bid-ask spread: 0.02001, Last trade: 60.27999, 24 hour volume: 106733.98262924, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.48785
assbot: [MPEX:O.BTCUSD.P750T] 1D: 0.35270204 / 0.49421702 / 0.50754217 (12009 shares, 5,935.05 BTC), 7D: 0.35270204 / 0.49421702 / 0.50754217 (12009 shares, 5,935.05 BTC), 30D: 0.35270204 / 0.89701544 / 1.53153505 (40792 shares, 36,591.05 BTC)
smickles: ;;calc 36591.05*[ticker --last]
smickles: this price is making my brain melt
assbot: [MPEX] [O.BTCUSD.C450T] 231 @ 0.22 = 50.82 BTC [+]
mircea_popescu: it's only my angle with regards to politics of reality.
assbot: [MPEX] [S.MPOE] 5800 @ 0.00074197 = 4.3034 BTC [+]
mircea_popescu: people wish to legislate against the fact that their wife will cheat ?
mircea_popescu: the feelings of others are their problem, not something that can ever carry a cost.
mircea_popescu: this, incidentally, is the path towards a harem of wives who aren't particularly inclined to cheat, among other goodies.
mircea_popescu: yea well, let's just say i'm a lucky sort. haven't been outgunned yet.
BitHub: being married, wives, gf's etc its for poor lonely people
BitHub: i'm just pass that point, cant do that normal shit
BitHub: its just another overhead
BitHub: anyway, i've just noticed its poor, lonely people who are really desperate for female companionship
assbot: [MPEX] [O.BTCUSD.C430T] 4 @ 0.26082263 = 1.0433 BTC [+]
Chaang-Noi: mp, starting to think those options were not overpriced :)
mircea_popescu: if only we knew yesterday what the evening of today spells out
gribble: smickles was last seen in #bitcoin-assets 14 minutes and 57 seconds ago: <smickles> this price is making my brain melt
Chaang-Noi: asicminer is level, lc is level and btc way up, going to be a good day:)
gribble: There are currently 15921.487 bitcoins offered at or under 64.0 USD, worth 1002943.0276 USD in total. | Data vintage: 0.0017 seconds
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.00496 BTC [+]
mircea_popescu: anyway, whoever sold those 12k 750T puts earlier is looking at something like 10k btc in profits atm
assbot: [BTCTC] [S.MPOE-PT] 5 @ 0.000719 = 0.0036 BTC [+]
staco: didn't the bot sell the puts?
staco: i could be wrong, but I thought the bot sold them
mpexbot: mircea_popescu: Bids: ['1000 @ 0.33576135']
mpexbot: mircea_popescu: Asks: ['1000 @ 0.43628681']
assbot: [MPEX] [S.MPOE] 1544 @ 0.00075702 = 1.1688 BTC [+]
assbot: [MPEX] [S.MPOE] 4150 @ 0.00075916 = 3.1505 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.827 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.827 = 4.962 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.826 = 5.782 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.824 = 4.944 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.823 = 2.469 BTC [-]
assbot: [BTCT:ASICMINER-PT] 1D: 0.8221 / 0.85317 / 0.87 (167 shares, 142.5 BTC), 7D: 0.695 / 0.80182 / 0.9489 (1572 shares, 1260.5 BTC), 30D: 0.65 / 0.74901 / 1 (3052 shares, 2286 BTC)
Chaang-Noi: mp it traded at 1 but as it pays out dividends the value of the stock will go down, as the best dividends are the first ones
pigeons: the best dividends are the first ones?
Chaang-Noi: and these were bids being filled, still up over 800% :)
pigeons: i missed the context of that one
Chaang-Noi: the best dividends are or the highest dividends will odds are be the first .1 paid back, cuz it is only 1/1630000 not 1/400000
pigeons: yeah but 6th today is worth more than 30 th in 3 months
Chaang-Noi: but yes they say they will be at 60 th by the end of april, and they will expand after that
Chaang-Noi: over all goal is to stay at or above 105 of the network
Chaang-Noi: yeah i did an extra 0 i need my coffee
mircea_popescu: so if they're at 10% of network they permanently pay the same divs
Chaang-Noi: im not selling what i hold at these prices, however with btc being $60 im sure some people want to cash out
Chaang-Noi: yes mp, but their goal is to average at 105 not always be at 10%
Chaang-Noi: they ahve like 15% now, if they get their 60 th before bfl then they will ahve over 50%
pigeons: what bitcoin venture goes as planned
mircea_popescu: hopefully people understand the importance of deepbit and we see it about equal to btcguild
pigeons: especially now that fincen says mining = money transmission ;)
pigeons: its just stupid talk, it clearly says you have to exchange for other funds or your a user not a transmitter
Chaang-Noi: like this really means much other than people who want to try to follow the law can
assbot: [BTCTC] [COGNITIVE] 9 @ 0.16002 = 1.4402 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.22048 BTC [+]
pigeons: it means coinlab needs to find a new bank
kakobrekla: also wtf deadterra reality compas is off?
mircea_popescu: "I've been an "IT" person all my life and I have no idea how I missed out on things like buying Google or Apple. Bitcoin seems to be my last chance. Any tips would be appreciated."
mircea_popescu: he has no idea how he could have missed it. taking public calls, what might have been the cause ?
pigeons: i cant even follow that stuff
mircea_popescu: also in the news, at his local college there's all these fresh beauties looking for boyfriends all the time
kakobrekla: you are not a smart enoguh investor for his fan club
mircea_popescu: yeah. i keep missing out on lots of hot btc deals because i am not smart enough
pigeons: your points are interesting in and of themselves and I'm sure once you get on track with how we operate you will understand it.
gribble: Error: Failure to retrieve ticker. Try again later.
gribble: Error: invalid syntax (<string>, line 1)
pigeons: they are re-scanning the blockchain for 0.8
mircea_popescu: so usagi is selling silver at 86.86 dollars an ounce ?!
assbot: [MPEX] [S.MPOE] 2706 @ 0.00076296 = 2.0646 BTC [+]
pigeons: on both bitfunder and btct
toffoo: they don't charge 30 btc to join
toffoo: so why do you need a broker? just join yourself
Namworld: [00:27] <mircea_popescu> yeah. i keep missing out on lots of hot btc deals because i am not smart enough
Namworld: [00:27] <mircea_popescu> honestly, it sucks, but what can i do.
kakobrekla: but im like a ball of furr so no skill needed
mircea_popescu: no, i was just being honest. there's all these great deals offered all the time (especialyl in the lending section)
Namworld: Honestly, if you knew what would happen when, you’d triple your BTC weekly.
Namworld: Thing is, there’s almost just as many losing proposals
mircea_popescu: for any values of "almost as many" that approach infinity
Chaang-Noi: 86 dollars an oz? and people buy it? oh lol
Chaang-Noi: well then who cares, i can offer gold at $5000 :)
mircea_popescu: i suspect usagi has a future as a stand-up comedian pretending to be a btc finance guy
mircea_popescu: course... that's a tough racket, there's what, 5000 of them ?
mircea_popescu: so if anyone buys tu.silver that's an insta-70% haircut ?
pigeons: and usagi hopes silver goes down
pigeons: - /q bitcoin-goldRobo @silver
pigeons: bitcoin-goldRobo> The #coinabul Silver Ticker: 0.482BTC per OZ of Silver, 0.015BTC per Gram of Silver and $28.92/OZ of Silver.
mircea_popescu: "TU.SILVER is the largest precious metals fund in the community, and has more than 20 times the liquidity of all other precious metals funds combined."
mircea_popescu: We have been in operation on BitFunder since January 2013. We have over 50oz. in sales and have redeemed more than 10oz of silver directly to customers.
pigeons: BTCTRADINGPT voted NO with comment: BTC-TRADING-PT shareholders voted to not approve: 528-0
mircea_popescu: say what you will of people, sheep, stupidity, what have you... in this case at least i can find no flaw.
pigeons: haha i like how right in the contract on btct.co it says, "We have an exclusive arrangement with BitFunder to support BitFunder as a platform. We will not trade on any other exchange until August 2013."
Namworld: mircea_popescu: sure, we are. Just no one investing in Usagi related stuff.
pigeons: should we chip in and pool the 0.1401 for lieftime access to his books?
mircea_popescu: pigeons you have an account and the interest to bother ?
pigeons: 1BjGr16hjmAKEmCAstswX6m55WDVnTPjHB
pigeons: ok guys we're getting a report, this better be humorous
assbot: [MPEX] [S.MPOE] 1422 @ 0.00074197 = 1.0551 BTC [-]
assbot: [MPEX] [S.MPOE] 3252 @ 0.00072858 = 2.3693 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.75001, Best ask: 59.88000, Bid-ask spread: 0.12999, Last trade: 59.70002, 24 hour volume: 104259.81722566, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.75246
Chaang-Noi: pigeons need more funds? id like to see what you find as well
pigeons: no its courtesy mircea_popescu
Chaang-Noi: yeah, i dont like lending out money... wife twisted my arm to lend $400 to one of her friends for 2 weeks. im still pissed
pigeons: dont worry about your wife's friend, he's pay back
Chaang-Noi: not so worried about the money, it just changes things socially when you lend moeny to freinds
Chaang-Noi: or if he wont pay back, no friend, lol
kakobrekla: i have seen people turn on you for 100$
Chaang-Noi: this is thailand and this is like 1/2 a months wages maybe more
pigeons: i was joking, you're wife asked you to loan money to her friend a dude?
Chaang-Noi: the average wage here is $600 he gets paid more cuz he has a skill in demand
Chaang-Noi: pigeons they are a family, we are kinda close
kakobrekla: so much humor and so much scam, sometiems its hard to tell which is which
Chaang-Noi: no, i live in a good fruit growing region, and he is able and willing to work lopng hours to take care of the trees
Chaang-Noi: others too, but others dont need as much skills evidently
Chaang-Noi: mangostean is my fav fruit, durian is close to the my least fav
mircea_popescu: Chaang-Noi it's this perennial mockery @something bawful's history
mircea_popescu: they were pushing some mangosteen scam thing a while back, much drama ensued
Chaang-Noi: lowtax live about a mile from me in the usa when we were growing up
Chaang-Noi: i dont know about that but its damn hard to get in the usa
pigeons: now its at the supermarkets
Chaang-Noi: its like $50 airshipped over night from thailand on amazin.com for like 7 fruit
Chaang-Noi: well, we kinda blasted into and out of 50 with no stop... 60 might be the new 47.5
assbot: [BTCTC] [RSM] 1 @ 0.00575 BTC [+]
Chaang-Noi: i did hear tehy started to open up mangostean in the usa a few years ago,
Chaang-Noi: im glad to see it is in the usa, it is an awesome fruit
Chaang-Noi: yeah, its like cotten candy but with a strong vit c taste
Chaang-Noi: good stuff, and its really vitiman packed
Namworld: oh right, nevermind... smickles.com
assbot: [MPEX] [S.MPOE] 10328 @ 0.00072562 = 7.4942 BTC [-]
Namworld: not responding tho. He must be on a BitVPS vps...
Namworld: Seriously, our rented nodes have been giving us so much shit lately. We can’t wait to get everyone moved to our own servers.
mircea_popescu: Chaang-Noi not in any conventional sense i don't think
assbot: [BTCTC] [S.DICE-PT] 2 @ 0.00496 = 0.0099 BTC [+]
Chaang-Noi: ahh, i half expected to see an SA site
mircea_popescu: pretty much nobody left there, i mean past month or so i beebn asking friends i knew used to be huge sa buffs
Chaang-Noi: and i was not there much, only cuz i new the core group in real life
Chaang-Noi: on 9-11 the got a photo of a guy on the towers with the airplane behing about to crash played on cnn
Chaang-Noi: clearly it was photos shopped but they showed it like 3 times, was fucking lol
Chaang-Noi: 73%2F&size=83.4+KB&name=Recent+Photos+The+Commons+Getty+Collection+Galleries+World+Map+App+...&p=photo+9-11+airplane+crash+photoshopped+tower&oid=bd885a2e00be7a839184d95acdb7ea93&fr2=&fr=sfp&tt=Recent%2BPhotos%2BThe%2BCommons%2BGetty%2BCollection%2BGalleries%2BWorld%2BMap%2BApp%2B...&b=31&ni=220&no=55&ts=&tab=organic&sigr=11lsq5c30&sigb=14bcp79hb&sigi=11lt5ct6m&.crumb=xXUGtlVbO1d this one
bgupta: Curious are ASICMINER shares (and passthroughs) traded anywhere other than btct.co, bitfunder and bitcointalk's forums?
bgupta: volume is really low.. is that this equity, or are most btc denominated equities low volume?
bgupta: well IPO is a bit different..
assbot: [BTCTC] [BTC-BOND] 1 @ 0.0099 BTC [-]
mircea_popescu: actually, s.bbet saw more volume at launch than asicminer
Chaang-Noi: for now asicminer is one of the more active stocks
pigeons: bgupta: most are low, yeah s.dice s.mpoe are exceptions
Chaang-Noi: there is a lot of volume you cant see cuz otc
pigeons: you dont remember the s.dice ipo?
bgupta: Chaang-Noi: otc as in irc otc?
Chaang-Noi: as in people trading via pms with each other and fried cat
Namworld: Oh, sorry, I thought another block from owners were dumped or something
Chaang-Noi: i have traded 5000 shares alone in the last 2 weeks
bgupta: err, so how do they connect other than forums?
Chaang-Noi: find a guy who wants to sell, agree to price, tell friedcat
mircea_popescu: bgupta one doesn't, mostly. it's jsut the empty chatter of whatever.
Chaang-Noi: ill sell for the right price, what are you qwilling to pay and how many?
mircea_popescu: i've been promised shares to short for what, two weeks now.
Chaang-Noi: you never ask me mp, what terms do you have?
Chaang-Noi: you shorted it before? you must have lost massivly
Chaang-Noi: shorting a stock that goes up 8005, still makes money, you are my new god:)
mircea_popescu: anyway, 6 months, 1% per month over dividends paid, we'll have to lock it to an exchange as i don't deal in vapour
Chaang-Noi: 1% is not worth me locking it down for 6 months
assbot: [MPEX] [S.MPOE] 1190 @ 0.00070626 = 0.8404 BTC [-]
Chaang-Noi: that is not worth the risk the exchange just might do a glbse
Chaang-Noi: i trust friedcat a lot, some of the exchanges, not as much
pigeons: the operators are all here, which one don't you trust?
pigeons: what if it gets listed on the fan club?
Chaang-Noi: having the stocks stored with a 3rd party adds more risk, and i dont think that risk is worth the 1% i would get
mircea_popescu: that's a sad indictment of the various exchanges i guess
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.82 = 1.64 BTC [-]
Chaang-Noi: i understand mp, and i think some have less risk than others, but im going to pass. i think i can make more money buying and selling them. thanks for the offer however.
mircea_popescu: anyway, bgupta, point in case. when i say "mismanaged into the ground" this is exactly what i mean.
mircea_popescu: trade can't occur because asicminer doesn't have or understand financial management.
Chaang-Noi: trade is hard with asicminer, but most holders dont care as much,
Chaang-Noi: i was able to sell 5kshares and buy about 3k shares with little trouble
Chaang-Noi: friedcat has been very good about trades
gribble: BTCUSD ticker | Best bid: 59.10000, Best ask: 59.29999, Bid-ask spread: 0.19999, Last trade: 59.29999, 24 hour volume: 104802.48103137, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 56.94039
pigeons: "The only thing I ask is that, since this is a paid service, you not share the data in public (i.e. in a forum post) or something like that."
pigeons: We'll have everyone moved over by March 22!
pigeons: the first one, a PM from usagi about the TU.SILVER books he is sending
pigeons: the second one from Vessenes
mircea_popescu: March 21st, the first day of spring! Rebirth! Rejuvenation!
pigeons: they should make it april 1
BingoBoingo: TU.SILVER is that another underdocumented mess?
assbot: [HAVELOCK] [HIM] 2 @ 1.99 = 3.98 BTC [-]
Namworld: TU.SILVER is overpriced. Anyone want to sell me some at the correct value?
Namworld: The one were price is more like value implied by silver held for it?
pigeons: that would also be overpriced, because it doesn't include the usagi factor
mircea_popescu: i'd sell an indefinite ammount of anything usagi makes at its nominal value.
Namworld: I don’t care. I got puts on it. I’d exercise them with my TU.SILVER
pigeons: can we send him silver and get shares?
Namworld: I love these new options. I can finally buy for a fraction shares rights to buy/sell something.
Namworld: Perfect when I expect price movements
Namworld: I CAN FINALLY SHORT WHAT I WANT!
BingoBoingo: Aren't the asks on TU.SIlver all showing a hefty premium over actual silver+shipping?
mircea_popescu: Namworld suppose i buy 1k worth of silver pseudoasset puts
mircea_popescu: when its time to pay up, where does the btc come from ?
Namworld: It must be deposited and put aside by Bitfunder. I trust Ukto, not the put seller
mircea_popescu: so unless someone is willing to reserve a shitton of btc i can't buy my puts ?
Namworld: You have to reserve enough BTC to fill the puts/calls when writing them.
Namworld: When you execute, it’s at strike on the option.
Namworld: no, there is good puts/calls being placed. But they’re being bought.
mircea_popescu: i thought from what you said there's actually liquidity in options mkt
BingoBoingo: mircea_popescu I think you flipped it, silver is closer to $28/oz last I checed TU.silver had asks at 0.14BTC/Share for an ambiguous definition of share...
Namworld: It just got out. Not much liquidity yet.
Namworld: People will get around to use it more.
pigeons: ;;calc ([ticker --last] * 0.14 * 10) - 28.92
pigeons: ;;calc ([ticker --last] * 0.14 * 10)
BingoBoingo: mircea_popescu Do they sell silver that small or is there a swing people aren't showing... Coinabul shows 0.5 BTC for an once of silver... I think Usagi is awfully bullish or lubed numbers up to extract them from a convenient place
pigeons: BingoBoingo: you can buy a pre 1964 us dime pretty much anywhere for $2.50 usd
pigeons: BingoBoingo: usagi is special
BingoBoingo: pigeons I might have noticed, the question seems to be how special...
BingoBoingo: mircea_popescu I do like how accessing his books costs a full share...
pigeons: we have the books on the way
mircea_popescu: ya well... i do like how the price of exposing scams is going down
mircea_popescu: of course... in relative terms... 500 btc to blow a 50k+ scam
mircea_popescu: who was asking me earlier what's it mean for cyprus ? benkay ?
BingoBoingo: What happened every other time Germany got bullish on how to tell the rest of Europe how to do business?
assbot: [MPEX] [S.MPOE] 1649 @ 0.00070739 = 1.1665 BTC [+]
Namworld: So. How about we roll out that latest version of the Earth? What’s it called? Ah yeah, Apocalypse.
BingoBoingo: I was just thinking Germany tried to tell people how to bank three times and then they started hiding behind Belgium...
BingoBoingo: Sure mircea_popescu Cyprus banks owe money. Largely on Greek debt among other bad Euro debts. It is just Germany seems to like playing Euro enforcer now that everyone else has made them throw away the sharp objects
assbot: [MPEX] [S.MPOE] 9191 @ 0.00070626 = 6.4912 BTC [-]
assbot: [MPEX] [S.MPOE] 26 @ 0.00070542 = 0.0183 BTC [-]
Chaang-Noi: it just seems so fucked up, these small nations just dont give a fuck cuz they are in so far into debt they are meh anyway
pigeons: euro investing in tu.silver
pigeons: if we don't get these tu.silver books maybe we can get a scammer tag
assbot: [HAVELOCK] [HIM] 1 @ 1.99 BTC [-]
Chaang-Noi: if you paid for it, and he does not have them then yeah, seems about right
Chaang-Noi: what type of cpu chip would be best for "laoding block index" on a linux computer and doing so quickly
Chaang-Noi: checking old wallets for ltc/btc takes forever just to open
pigeons: ok no more rapidshare or megaupload where do i put a spreadsheet
Diablo-D3: well, swithcing to bitcoin 0.8.0 helps a LOT there
Diablo-D3: Chaang-Noi: but you'd be better off with a Bulldozer family CPU (any will do, even the new ones)
Diablo-D3: Chaang-Noi: but bitcoin 0.8.0 checks chains in parallel with multiple threads, and it also uses a lot less disk IO to do it
BingoBoingo: The best CPU for loading the block index now depends on what version of bitcoin-qt you are using Chaang-Noi
Diablo-D3: Chaang-Noi: as for LTC, dunno what to tell you, they should just merge 0.8.0 changes in
Diablo-D3: AMD has superior single threaded integer performance
Chaang-Noi: lets assume i use 0.8.2 or whatever the newest btc is
Diablo-D3: Chaang-Noi: then you're already going as fast as you can
Diablo-D3: Chaang-Noi: you're limited at disk io
Diablo-D3: it doens't need to have a lot of raw throughput
BingoBoingo: The old 0.7.2+ would probably load fastest on an i7 because BDB doesn't parallelize well, 0.8.X and later on an AMD chip I imagine; an SSD makes a bigger bifference than any processor though
Diablo-D3: the whole writing to death thing has long since been a pile of bullshit
Chaang-Noi: i liketo use encrypted drives, and i know SSD sucks for encryption safety
Diablo-D3: BingoBoingo: Bulldozers have four integer ALUs per core
BingoBoingo: SSD is good with encryption if you start it encrypted
Diablo-D3: Chaang-Noi: SSD works fine for encryption
Chaang-Noi: so when i load the OS just do full disk on a ssd and im fine?
Diablo-D3: Chaang-Noi: the problem is it can't do automatic TRIM on its own
BingoBoingo: sure Diable-D3, but BDB doesn't scale over multiple cores very well
Diablo-D3: you NEED to use an OS that does TRIM
Diablo-D3: BingoBoingo: I didnt say multiple cores.
Diablo-D3: Chaang-Noi: or osx on apple blessed drives
Diablo-D3: Chaang-Noi: the filesystem on linux will be the problem though
BingoBoingo: Anything past Debian 6.0 is fine for SSD encrypted Linux
Diablo-D3: Chaang-Noi: you'll need to use ext4
Diablo-D3: Chaang-Noi: unless you shove btrfs on an encrypted lvm, which is kind of retarded
Diablo-D3: and ZoL doesnt do encryption yet (and you need ubuntu to boot ZoL as well)
Chaang-Noi: oh lol what, i cant just used a standart install of mint 13 or 14?
Diablo-D3: Chaang-Noi: depends entirely what mint uses by default
Diablo-D3: Chaang-Noi: debian and ubuntu both can install ext4 to encrypted lvm at install time
Chaang-Noi: ill get an ssd i guess, hell i might as well by a new laptop
Diablo-D3: and the reason I say ext4 over ext3 is ext3 isn't optimized for TRIM
Diablo-D3: Chaang-Noi: btw, OSX does support full encryption out of the box
Diablo-D3: so if you're into getting a new laptop, mbp retinas arent so bad
Diablo-D3: I dont do apple either, but I needed one for software dev reasons
Diablo-D3: and I cant say I hate the hardware.
Chaang-Noi: ill get an asus unltra book with an i7 and the awesome screen
Chaang-Noi: with the ssd and windows 8, then nuke windows 8
Diablo-D3: BingoBoingo: anyhow, what I was saying is, its not that BDB doesn't do parallel thats the issue
Diablo-D3: BingoBoingo: its that 0.7.x and earlier doesn't use threads to check the chain in parallel
Diablo-D3: BingoBoingo: BDB is disk IO limited, not CPU limited
Diablo-D3: you most likely wont peak on one core with BDB anyways
Diablo-D3: 0.8.0 introduced both leveldb and threaded chain checking
Diablo-D3: so now it will happily saturate all cores IF your disk can keep up
Diablo-D3: and leveldb rapes disk IO much less than bdb
Diablo-D3: that said, if you're on a single threaded integer app, Bulldozers will win
Diablo-D3: but it just doesn't matter, with bdb, your disk cant keep up
BingoBoingo: Diablo-D3 the single integer ALU BDB will try to lock into probably won't keep up either...
BingoBoingo: I'm not talking core in the marketing sense
Diablo-D3: I'm talking core in the core sense
Diablo-D3: bulldozers are two hardware thread cores
Diablo-D3: they're 4x integer ALU + 2x FP ALU
Diablo-D3: on strongly integer tasks, they're quite fast
BingoBoingo: BDB tends to lock into the single smallest discrete uniti it can find to run it, BDB probably wont't use all of those cores Bulldozer is offering, but I would believe reputable benchmarks that say otherwise...
BingoBoingo: For BDB core most often will mean it latches onto one interger computing unit and will force itself through that.
BingoBoingo: BDB does this because it hates the idea of a future
BingoBoingo: Unles built with many special compiler flags any parallelization it might experience will be accidental
assbot: [MPEX] [S.MPOE] 1650 @ 0.00070542 = 1.1639 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 95 @ 0.00442 = 0.4199 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 290 @ 0.00441 = 1.2789 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 500 @ 0.0044 = 2.2 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.004 = 0.04 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 1 @ 0.004 BTC [-]
Namworld: urgh... S.DICE not doing well enough in my taste.
pigeons: ok no offense to coinabul, but usagi is buying his silver from there, i would think those premiums are not really suited for an investment fan club
pigeons: also the buying JAH shares is wtf
Diablo-D3: BingoBoingo: I think you didn't listen to what I said
Diablo-D3: BingoBoingo: BDB nor bitcoin 0.7.x is multithreaded where it needs to be
Diablo-D3: this is why instruction level parallelism is important
Diablo-D3: but BDB uses so much disk IO to just read the db, that your CPU isn't the bottleneck
BingoBoingo: Depends on the disk, but I believe Goat aksed about the best processor... Bowjob I was one of the winners on that BitBet...
Diablo-D3: BingoBoingo: goat asked how to get it to go faster
Diablo-D3: BingoBoingo:he was just mistaken that the cpu greatly factors in on this
BingoBoingo: Ah, then yeah... Keep on a LevelDB version of maintain the blockchain on a fast SSD, one in a PCI-e slot for best performance.
Diablo-D3: pci-e slot SSDs don't magically get more performance
Bowjob: Oh yeah, i did a tx today, it seemed quite fast
Diablo-D3: and theres still problems with Linux support for some of them
Chaang-Noi: d3 can i buy any of the new asus ultrabooks and have it run mint14 fine?
Diablo-D3: Chaang-Noi: we're talking about pci-e ones
Diablo-D3: sata/sas ones are supported fine, they're normal devices
gribble: BTCUSD ticker | Best bid: 58.55015, Best ask: 58.57000, Bid-ask spread: 0.01985, Last trade: 58.57000, 24 hour volume: 108368.69380536, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 57.15651
Bowjob: 4 bucks off of the ATH
Bowjob: I hope we chill here for a bit.. kinda like calm before the shitstorm before moving into 70s
gribble: BTCUSD ticker | Best bid: 58.50001, Best ask: 58.55014, Bid-ask spread: 0.05013, Last trade: 58.55014, 24 hour volume: 108233.45685213, 24 hour low: 51.00000, 24 hour high: 62.00000, 24 hour vwap: 57.16941
Chaang-Noi: taht ath has some guy doing a market order with 500k usd... we are still above what he started buying at...
Bowjob: i hope hes a strong hand
Bowjob: not some rich kids of instagram kid
pigeons: i still laugh every time i come acroos
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009875 = 0.0988 BTC [-]
assbot: [BTCTC] [BTC-BOND] 15 @ 0.009874 = 0.1481 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 3 @ 0.105 = 0.315 BTC [+]
Bowjob: oh, weve reached 65 on cavirtex
Diablo-D3: I think I might consider starting a SD competitor
Bowjob: i just look at cavirtex. too many fucking rules
Bowjob: fees, limits, blah blah
assbot: [BTCTC] [BTC-BOND] 35 @ 0.009874 = 0.3456 BTC [-]
assbot: [BTCTC] [BTC-BOND] 10 @ 0.009873 = 0.0987 BTC [-]
assbot: [BTCTC] [BTC-BOND] 6 @ 0.009842 = 0.0591 BTC [-]
Chaang-Noi: d3, ill pay you to make one for me in ltc :)
Bowjob: i want a simple exchange. transfer money -> buy btc, withraw
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.105 = 0.42 BTC [+]
Diablo-D3: the problem with SD is it doesn't do a huge pot
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009842 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.009842 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
Bowjob: those cypriots.. i assume they will deal in EUR
Bowjob: so we might see the action in euro
Chaang-Noi: d3 we can do sd with ltc but have each one also have like 1 in a billion shot at 100k ltc :)
Diablo-D3: and all the money that goes into the jackpot stays there except, say, 1%
Bowjob: im watching the action on coinlab
Chaang-Noi: bowjob all day these spikes of sells, someone is dumping with out killing the market
Diablo-D3: Chaang-Noi: have like a 1 in a trillion chance of winning
Diablo-D3: the pot could go up to thousands of btc
Namworld: Assuming one winner every 1 trillion, pot should reach an average of 10k BTC
Diablo-D3: Namworld: I mean as in 1:1trillion per 1 BTC
Diablo-D3: I might not have the right magnitude
Namworld: 1 chance on a trillion per BTC?
Diablo-D3: I'll even seed the pot with 100 BTC
Namworld: tiberiusiv: fees... fucking 3% for new accounts
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.858995 = 8.59 BTC [+]
Namworld: You mean 1:1 trillion per satoshi...
Diablo-D3: Namworld: 1 satoshi would be one in 1:2^512th odds
Namworld: But... how do you determine the winner?
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.859 = 1.718 BTC [+]
Namworld: You can’t have a 1:1 trillion chance to win for a BTC
Diablo-D3: take txid, hash it, then take the first x bytes and see if its less than the taget
Namworld: so odds of winning is not 1:1 trillion
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.84 BTC [-]
Diablo-D3: Namworld: no, I said I probably got the magnitude wrong
Diablo-D3: Namworld: okay what about each satoshi is a 1 in 15 quaturovigintillion change?
Diablo-D3: Namworld: an extremely low chance.
Namworld: like with those odds, one would bet 21 million BTC and have lower odds to win than winning the state lottery 5 times in a row.
Diablo-D3: so 1 BTC would be 180 billion chance
Namworld: You could bet all freaking 21 BTC and have as good as null chances to win the jackpot...
Diablo-D3: Namworld: no different than powerball really
Namworld: powerball would have like close to infinite higher chances to win
Namworld: ;;calc 2**64/21000000*100000000
Diablo-D3: I dont think you wrote what you thought you wrote
Namworld: ;;calc 2**64/(21000000*100000000)
Diablo-D3: powerball jackpot is 1 in 175 million
Namworld: I bet 1 BTC (58 USD) for one ticket.
Diablo-D3: Namworld: you bet 1 BTC for 100000000 tickets, actually
Namworld: I could get 21 million x 58 USD ticket and have a 1/8784 odds of winning a maximum of... 21 million BTC.
Diablo-D3: 184 billion is if I set the difficulty as high as possible
Diablo-D3: i184 billion per btc is if the difficulty is less than 1
Diablo-D3: if I set it to less than 1000 ,its 184 million
Namworld: yeah, but that’s like zero incentive for first people to put anything.
Diablo-D3: [04:05:05] <Diablo-D3> powerball jackpot is 1 in 175 million
Namworld: They’re like infinitely lower on what you propose...
Namworld: 1/184 billion if I bet a whole BTC
Diablo-D3: [04:06:38] <Diablo-D3> 184 billion is if I set the difficulty as high as possible
Diablo-D3: [04:06:59] <Diablo-D3> i184 billion per btc is if the difficulty is less than 1
Diablo-D3: [04:07:08] <Diablo-D3> if I set it to less than 1000 ,its 184 million
assbot: [HAVELOCK] [HIM] 11 @ 1.999 = 21.989 BTC [+]
Namworld: Odds too low unless difficulty go down. Not interesting for anyone to bet.
Namworld: Especially since the jackpot is small too
assbot: [BTCTC] [GSDPT] 10 @ 0.00425 = 0.0425 BTC [+]
assbot: [BTCTC] [GSDPT] 160 @ 0.004231 = 0.677 BTC [-]
Diablo-D3: fine, have the difficulty go up as the pot goes up
Namworld: Wouldn’t be a bad idea like that. Would make more sense.
assbot: [BTCTC] [GSDPT] 20 @ 0.004217 = 0.0843 BTC [-]
Chaang-Noi: if i accidently deleat a file on linux, how do i get it back?
Namworld: But difficulty should probably cap as to avoid ever lowering odds and never reaching jackpot.
Diablo-D3: Namworld: yeah, cap is one in 1000
zefir: Chaang: if you did that, it will be challenging to undelete them. first thing you need to do is shutting system down to prevent further write accesses
Namworld: Anyway, getting late. I’ll be off.
Namworld: But it does seem better with difficulty increase with pot somewhat.
assbot: [MPEX] [S.MPOE] 3701 @ 0.00070542 = 2.6108 BTC [-]
assbot: [MPEX] [S.MPOE] 2599 @ 0.00070356 = 1.8286 BTC [-]
pigeons: difficulty increases with pot, but it seems easier
Diablo-D3: I wonder if theres a block chain info site that can give me a total list of all money sent to an address
pigeons: you'll never guess the name
Diablo-D3: pigeons: no, I dont mean blockchain.info
Diablo-D3: blockchain.info doesn't have a json api does it
assbot: [HAVELOCK] [SDICE] 2 @ 0.42 = 0.84 BTC [+]
assbot: [HAVELOCK] [SDICE] 11 @ 0.415 = 4.565 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.412 = 0.824 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.411 = 1.644 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.41020001 BTC [-]
assbot: [HAVELOCK] [SDICE] 12 @ 0.4102 = 4.9224 BTC [-]
assbot: [HAVELOCK] [HIM] 6 @ 1.999 = 11.994 BTC [+]
Chaang-Noi: d3, welsome to bitcoin and the internet :)
Diablo-D3: pigeons: that should be easy to setup with js then
assbot: [BTCTC] [B.YABMC] 1 @ 0.01451 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01 BTC [-]
assbot: [MPEX] [S.MPOE] 8001 @ 0.00070739 = 5.6598 BTC [+]
mircea_popescu: so banks/tv/etc in south korea offline due to cyber attack
mircea_popescu: person can't spell fund, is big time mover and shaker with experience and etc.
mircea_popescu: "If anyone is interested in buying securities that copy the MPEx dividend payouts but do not involve any dealings with the actual MPEx shares (such as share loans, etc.), PM me. About 1 million will be issued if there is demand. If issued, the securities will be backed by an incorporated company with EUR 200,000 total assets, of which 1500 BTC."
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24994 BTC [+]
assbot: [BTCTC] [GSDPT] 2 @ 0.00479 = 0.0096 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.0168 BTC [+]
assbot: [MPEX] [S.DICE] 624 @ 0.00381798 = 2.3824 BTC [-]
mircea_popescu: "No, it is not. It is just the thing that we offer people to bet for. And I would be delighted to know what exactly makes us any more vulnerable to angry gov that MPEx and SD are."
assbot: [MPEX] [S.MPOE] 7704 @ 0.00072562 = 5.5902 BTC [+]
assbot: [BTCTC] [SYNERGY] 1 @ 0.0168 BTC [+]
assbot: [MPEX] [S.MPOE] 1857 @ 0.00072143 = 1.3397 BTC [-]
assbot: [MPEX] [S.MPOE] 2214 @ 0.00072562 = 1.6065 BTC [+]
assbot: [MPEX] [S.MPOE] 8900 @ 0.0007314 = 6.5095 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8559 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 15 @ 0.856 = 12.84 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8569 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.857 = 5.142 BTC [+]
mjr_: mircea_popescu: I'm so glad that trilema is back up...lots of good articles
mjr_: i can't do the bitcointalk forum
mjr_: mircea_popescu: how do i get credits?
mjr_: really want to read the stego article
mjr_: i have been sending my friends pictures of cats with encrypted messages in them
gribble: BTCUSD ticker | Best bid: 59.11710, Best ask: 59.25000, Bid-ask spread: 0.13290, Last trade: 59.11710, 24 hour volume: 106528.71037829, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.47445
mjr_: is there anyone working on a chrome plugin that could be used to pay bitcoins to websites?
Diablo-D3: mjr_: you wouldnt need that actually
Diablo-D3: you could do it with a bitcoin:// url
mjr_: "Actually, if you don’t know anything about talking to computers my best advice to you is “marry someone who does”. Definitely." worth the price of admission
mjr_: Diablo-D3: if you have a client installed i guess?
mjr_: i was just thinking of mircea's model
mjr_: if you could automate that process...make it a click that a plugin handles behind the scenes
mjr_: like you would "fund" your browser...and then you would browse away to your hearts content, offering up micropayments for content that you want
Diablo-D3: the problem with a browser is you'd need to have it running all the time
mjr_: i don't think so...
mjr_: it would simply be an address that is monitored
mjr_: similar to blockchain.info
mircea_popescu: pigeons did you share that book with an interested party ?
pigeons: which shouldn't violate my agreement not to post it publically, bu i dont know
pigeons: yeah i doubt he'll give me any more copies
assbot: [MPEX] [S.DICE] 11850 @ 0.004 = 47.4 BTC [+]
assbot: [MPEX] [S.DICE] 400 @ 0.004 = 1.6 BTC [+]
assbot: [MPEX:S.DICE] 1D: 0.00381798 / 0.00427895 / 0.005 (75762 shares, 324.18 BTC), 7D: 0.00381798 / 0.00469793 / 0.00599987 (147519 shares, 693.04 BTC), 30D: 0.00300001 / 0.00603657 / 0.0069 (2351124 shares, 14,192.73 BTC)
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.105 BTC [+]
assbot: [BTCT:PAJKA.BOND] 1D: 0.104999 / 0.105 / 0.105 (81 shares, 8.5 BTC), 7D: 0.08001 / 0.10242 / 0.10999 (1286 shares, 131.7 BTC), 30D: 0.01552 / 0.10177 / 0.10999 (1564 shares, 159.2 BTC)
assbot: [MPEX] [S.MPOE] 7650 @ 0.00074863 = 5.727 BTC [+]
assbot: [MPEX] [S.DICE] 12075 @ 0.004 = 48.3 BTC [+]
mpexbot: mircea_popescu: Bids: ['1700 @ 0.00393432', '300 @ 0.0038', '1000 @ 0.00355004', '5034 @ 0.003198', '13530 @ 0.00311001']
mpexbot: mircea_popescu: Asks: ['93037 @ 0.004', '141 @ 0.00480598', '201 @ 0.005', '6623 @ 0.0051', '2000 @ 0.00577']
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.105 = 1.05 BTC [+]
dub: ;;calc 400*[ticker --last]
assbot: [MPEX] [S.DICE] 1000 @ 0.004 = 4 BTC [+]
gribble: BTCUSD ticker | Best bid: 59.30000, Best ask: 59.49998, Bid-ask spread: 0.19998, Last trade: 59.29983, 24 hour volume: 104385.36260976, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.59737
gribble: Current Blocks: 226924 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 883 blocks | Next Difficulty In About: 4 days, 19 hours, 10 minutes, and 26 seconds | Next Difficulty Estimate: 6187365.50681 | Estimated Percent Change: 27.63647
gribble: BTCUSD ticker | Best bid: 59.20002, Best ask: 59.30983, Bid-ask spread: 0.10981, Last trade: 59.30983, 24 hour volume: 104205.20199766, 24 hour low: 53.00000, 24 hour high: 62.00000, 24 hour vwap: 57.60493
mjr_: ;;calc (57.60493-41)/57.60493
gribble: Current Blocks: 226929 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 878 blocks | Next Difficulty In About: 4 days, 18 hours, 31 minutes, and 18 seconds | Next Difficulty Estimate: 6197165.1884 | Estimated Percent Change: 27.83862
assbot: [MPEX] [S.DICE] 100 @ 0.004 = 0.4 BTC [+]
mjr_: otherwise known as the slot machines of finance
mircea_popescu: kinda scary how many peppy nuts are circling btc since > 50
assbot: [MPEX] [S.MPOE] 394 @ 0.00074863 = 0.295 BTC [+]
assbot: [MPEX] [S.DICE] 8 @ 0.004 = 0.032 BTC [+]
jurov: i seriously consider offering my expertise to that finnish man.. and promptly outsource it to dunnowhere
mircea_popescu: kakobrekla wait, so he wants to eat mpex for lunch by competing with bitbet ?!
mircea_popescu: "- Of course the above would be moot if the spread was sky-high. We intend to push it as low as possible, and give you the best of both worlds - the liquidity of a market-maker but also the low spreads possible in a parimutuel or similar approach."
mircea_popescu: right. we're going to do anything and we have no plan whatsoever.
Bowjob: Avalon will now cost 88 BTC to 115 BTC
Bowjob: capitalizing on BFL's incompetence, same specs
Bowjob: there goes my fourth module
Bowjob: i wish I picked up 3 lol
Bowjob: in other news, sonny and josh are preparing to ship themselves out of town, apparently
mircea_popescu: , The price will be obviously much higher than previous, based on the reasonable ROI. The price is 88 BTC to 115 BTC(31680 RMB to 41400 RMB) depending on configurations, freight charge not included.
Bowjob: thye are pegging the price to yuan
Bowjob: making the price around 5 grand, over
kakobrekla: they are stabbing themselfs in the face
Bowjob: they have monopoly on asics, go figure
mircea_popescu: everyone is either a scammer, stupid, or a stupid scammer.
Bowjob: well, its apparent people will still pay for this..
ThickAsThieves: they are mining with every machine for a while before they even ship it
ThickAsThieves: they are raking in btc, they can do what they want i guess
Bowjob: its just asicminer vs avalon
Bowjob: until someone comes along
assbot: [MPEX] [S.MPOE] 3300 @ 0.00075613 = 2.4952 BTC [+]
ThickAsThieves: asicminer hashing is supposed to skyrocket in the next few weeks right?
BitHub: i've never seen so much greed so quickly in such a young industry
BitHub: this shit might burn out in 5 years
Bowjob: well, if they really are greedy, they wouldn't have shipped asics to the public
assbot: [MPEX] [S.DICE] 207 @ 0.004 = 0.828 BTC [+]
Bowjob: of course, there goes my plan for 5 more ASICS
kakobrekla: boxes should be getting cheaper not expenciver
ThickAsThieves: "Only a small amount of units will be shipped during late March to early April"
jurov: CoinBr.iDiff-O May will open soon, what collateral (max.feasible difficulty) are you seeing by May 22?
Bowjob: litecoin is unusually stable lately
kakobrekla: cause all the bitcoin ppl is an insignificat fraction
jurov: AMD has year or so turnaround
Bowjob: and few people has heard of btc
Bowjob: we are actually the early adopters
ThickAsThieves: kako, how much $ do you think has been spent and will be spent on ASICS this year
assbot: [MPEX] [S.MPOE] 250 @ 0.00075613 = 0.189 BTC [+]
Bowjob: those avalon asics.. they are compatible with NA sockets right
Bowjob: i wont need some chinese transformer
jurov: wtf, they don't have detachable cord?
jurov: mircea_popescu ^^^
jurov: guess that's ripe for worldwide ban to sell any hardware with preconfigured default password
Bowjob: I told her, looks don;t matter
BitHub: tell her she's okey looking
BitHub: but looks aren't the most important
Bowjob: "It's okay, looks aren't everything."
BitHub: she'll be begging for your approval
Bowjob: of course. that was the perfect answer.
BitHub: yes operation destroy bitcoin is in play
ThickAsThieves: "'m hugely excited to announce to you that CoinLab will be teaming up with Mt. Gox and Silicon Valley Bank to provide Bitcoin purchase, sale and exchange services to customers in the U.S and Canada as of March 31, 2013."
BitHub: they were the only ones
BitHub: wasn't it a lie? Their press release
BitHub: isn't gox being pressured into this deal with coinlab?
BitHub: sorry i mean the whole wallstreet fluff
Bowjob: "Ok, people would take you more seriously if you meant what you said, just so you know. The offer is real though. Peace" -dank
Bowjob: I told dank I would give him 3 BTC for a motorcycle
Bowjob: he sends me an address, I told him, I already got one for 2 BTC.
Bowjob: He's selling music festival passes now
gribble: Current Blocks: 226941 | Current Difficulty: 4847647.152065606 | Next Difficulty At Block: 227807 | Next Difficulty In: 866 blocks | Next Difficulty In About: 4 days, 17 hours, 34 minutes, and 25 seconds | Next Difficulty Estimate: 6205279.45368 | Estimated Percent Change: 28.006
jurov: so i'll reap profit both from iDiff-O and from its bitbet hedge? lmao
ThickAsThieves: maybe avalon is pricing high because they want less work for the same money
assbot: [HAVELOCK] [SDICE] 4 @ 0.4103 = 1.6412 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4102 BTC [-]
assbot: [HAVELOCK] [SDICE] 1 @ 0.4102 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.41000001 = 4.1 BTC [-]
assbot: [HAVELOCK] [SDICE] 4 @ 0.41 = 1.64 BTC [-]
assbot: [MPEX] [S.DICE] 48796 @ 0.004 = 195.184 BTC [+]
Bowjob: i assume a 4th module will cost 22 BTC?
Bowjob: $1300+ for a module that hashes 22 gh
Diablo-D3: so they probably havent adjusted their pricing yet
Diablo-D3: the three module avalons were selling for $1300
Diablo-D3: the yuan is not massively deflating
Bowjob: well its by btc now actually
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.33318 = 1.3327 BTC [-]
jurov: getting scammer tag isnt necessarily result of a crime
iz: getting the tag isn't
jurov: if it was "treasurer to be convicted" that would be another matter
iz: yeah, seems easy to throw it
assbot: [MPEX] [S.DICE] 900 @ 0.004 = 3.6 BTC [+]
assbot: [MPEX] [S.DICE] 1250 @ 0.004 = 5 BTC [+]
assbot: [MPEX] [S.DICE] 800 @ 0.004 = 3.2 BTC [+]
assbot: [MPEX] [S.DICE] 395 @ 0.004 = 1.58 BTC [+]
assbot: [MPEX] [S.DICE] 300 @ 0.004 = 1.2 BTC [+]
assbot: [MPEX] [S.DICE] 19000 @ 0.004 = 76 BTC [+]
kakobrekla: im not sure avalon will sell 600 units at 100 btc
assbot: [HAVELOCK] [KCIM] 1 @ 1.011 BTC [-]
kakobrekla: your bet is will be sold out in 1 day?
Bowjob: should it be 3 days then?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8568 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 0.8568 = 7.7112 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 4 @ 0.857 = 3.428 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 0.858995 = 6.013 BTC [+]
assbot: [MPEX] [S.MPOE] 7100 @ 0.00075263 = 5.3437 BTC [-]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00074912 = 2.1724 BTC [-]
assbot: [MPEX] [O.BTCUSD.C610T] 10 @ 0.09682584 = 0.9683 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.858994 = 2.577 BTC [-]
assbot: [MPEX] [S.DICE] 124 @ 0.00393432 = 0.4879 BTC [-]
gribble: BTCUSD ticker | Best bid: 59.80000, Best ask: 59.80560, Bid-ask spread: 0.00560, Last trade: 59.80000, 24 hour volume: 71444.29658211, 24 hour low: 53.00000, 24 hour high: 60.88800, 24 hour vwap: 57.89681
mod6: haha, look at the lag
Bowjob: this makes the avalol delay a bit more bearable
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.858993 = 6.8719 BTC [-]
ThickAsThieves: Chaang, do you work the ups and downs at BTC-e for litecoin?
Chaang-Noi: i hold btc, ltc and asicminer, and yeah im on fucking fire this months
Chaang-Noi: i used to, i got over 200k ltc for free that way
Chaang-Noi: i sold 80k or so over .01 and if i get to buy back in i will
Bowjob: you can crash it yousel.. ltc holders are lemminhs
Bowjob: you can buy buck cheaper
Chaang-Noi: then i did crash it to .01 but it has not gone down much
Bowjob: its very steady at 50c ea
Chaang-Noi: you need like 200k just to move it and keep it
assbot: [MPEX] [O.BTCUSD.C410T] 8 @ 0.29453842 = 2.3563 BTC [+]
Chaang-Noi: yeah i just thought id better quit for now
Chaang-Noi: i know some big holders but... im not sure that is good for ltc over all
Bowjob: i wish i didnt dump 10k ltc
Chaang-Noi: i have a bit more to dump, im holding 84000 for a long time
kakobrekla: yeah ltc is nice, it shows true value of btc
Chaang-Noi: i hold more btc than ltc (in usd value)
Chaang-Noi: im a btc guy, but i saw an opertunity in ltc and i took it
kakobrekla: you are also not a finance guy or something
kakobrekla: i interpret it as "im being honest here"
Chaang-Noi: notice how the moves end at 7/8 of a dollar every time?
Bowjob: well, we are the new banking overlords
assbot: [MPEX] [S.MPOE] 3879 @ 0.00075613 = 2.933 BTC [+]
assbot: [MPEX] [S.MPOE] 1649 @ 0.00075702 = 1.2483 BTC [+]
assbot: [MPEX] [S.MPOE] 13172 @ 0.00076717 = 10.1052 BTC [+]
Chaang-Noi: yeah will shit himself once btc is 1000:)
kakobrekla: tune your masturbation amount, its is not correct
Chaang-Noi: that was from your "secret club" last night :)
kakobrekla: youd knew that if you were smart investor!
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.100001 = 1 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 4 @ 0.1 = 0.4 BTC [-]
gribble: BTCUSD ticker | Best bid: 61.61009, Best ask: 61.97000, Bid-ask spread: 0.35991, Last trade: 61.97000, 24 hour volume: 92984.04562603, 24 hour low: 53.00000, 24 hour high: 63.78700, 24 hour vwap: 58.91450
assbot: [BTCTC] [S.MPOE-PT] 5 @ 0.000719 = 0.0036 BTC [+]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
kakobrekla: >Garrett, are you still considering an Avalon purchase after reading today's news?
kakobrekla: > batch3 will be sold between 80 and 115 BTC
Chaang-Noi: and batch 2 wont ship until end of may right?
Chaang-Noi: bfl has been dead silent the last week, dad is the key word
mod6: but Luke-Jr said they're gonna ship!
kakobrekla: still you have fury and another chip maker comming out
Chaang-Noi: i bet they will ship sooner or later...
gribble: There are currently 4485.7373 bitcoins offered at or under 65.0 USD, worth 288722.532564 USD in total. | Data vintage: 81.9425 seconds
gribble: There are currently 0 bitcoins offered at or under 54.66 USD, worth 0.0 USD in total. | Data vintage: 92.4132 seconds
gribble: There are currently 2353.8081 bitcoins offered at or under 64.66 USD, worth 150212.942787 USD in total. | Data vintage: 98.9168 seconds
gribble: There are currently 181.48403 bitcoins offered at or under 64.66 USD, worth 11578.8474952 USD in total. | Data vintage: 0.0011 seconds
gribble: There are currently 17923.735 bitcoins offered at or under 70.0 USD, worth 1216110.74987 USD in total. | Data vintage: 19.3849 seconds
Chaang-Noi: the whale is just waiting for suckers to list coins lower...
Bowjob: I updated the meme. I told a gaming forum about bitcoins way back then
Bowjob: gave them an update, they went holy shit
benkay: sounds like a waste of time
Bowjob: they will eventually give up and buy some in the future
Bowjob: I just wanna tell them. "I told you so"
Bowjob: seems childlish.. ehehehe
benkay: on a different topic, someone should put togther a REIT that runs on btc to swoop into shittily-banked countries and swipe their assets out from underneath them at a fraction of their real value because the natives are scared.
benkay: like I said, bowjob, waste of time. you could be building a company or something.
gribble: BTCUSD ticker | Best bid: 63.75000, Best ask: 64.73000, Bid-ask spread: 0.98000, Last trade: 64.73000, 24 hour volume: 91975.92783006, 24 hour low: 53.00000, 24 hour high: 64.99980, 24 hour vwap: 59.44622
Bowjob: heh, i accidentally wore my pants backwards
Bowjob: apparently its insanely good luck
Bowjob: I kinda feel bad for people who borrow BTC
Bowjob: they'll get gored by the bull
smickles: Bowjob: i just had someone ask me to lend to them when wer were ~10 bucks lower
Bowjob: I lent 3 BTC to a reputable person, I hope they make profit on it
Bowjob: thats when BTC was 58 bucks
Bowjob: in two weeks, BTC may well be $75
assbot: [BTCTC] [S.DICE-PT] 63 @ 0.00396 = 0.2495 BTC [-]
Bowjob: it was way more exciting when i was broke
Bowjob: living on 10 bucks a day
Bowjob: when i got my first paycheck
Bowjob: felt like a million bucks
Chaang-Noi: ;;8ball when goat dies will he get 72 virgins?
kakobrekla: want the old exciting way of life back?
assbot: [MPEX:S.DICE] 1D: 0.00381798 / 0.00413145 / 0.005 (160717 shares, 663.99 BTC), 7D: 0.00381798 / 0.00444285 / 0.00599987 (232474 shares, 1,032.85 BTC), 30D: 0.00300001 / 0.00596521 / 0.0069 (2433117 shares, 14,514.06 BTC)
Bowjob: Nah, I'm better off like this
Diablo-D3: kakobrekla: man, I wanna vanitygen that
Bowjob: the old exciting life.. ughh
Bowjob: 10 bucks a day. walk to school
Bowjob: Well, even at 10 bucks a day, I managed to save like $500 without starving myself
Bowjob: im pretty loaded right now, both fiat and btc
Bowjob: i wish id appreciate 10 bucks today like 10 bucks back then
Bowjob: and its just been 3 years, i can feel the price go up
Chaang-Noi: if i gave mt gox $100k usd think they could fix this?
Bowjob: mt gox makes way more than $100k
Chaang-Noi: kako i just be trollin, its what i do for a living
Chaang-Noi: i could not make more money at anything else, so i guess so
Chaang-Noi: when i go to a bar im the silent guy in the corner
Chaang-Noi: that all the hot girls go to and wai, and all the thai guys are like wtf? ;D
Chaang-Noi: yeah, in this box, im just an average fish
Bowjob: gah. i want a new coat
Bowjob: its freezing here in vancouver
Chaang-Noi: that is the last thing i want (a coat) i could use a goat.. grass is tall
Bowjob: id reckon spring and fall is actually colder than winter
Bowjob: winter is just.. idk lol. not as cold
Chaang-Noi: once i get a million usd im going to anartica, andyone else have plans for 1 million usd?
Bowjob: yeah, snow makes for warmer surroundings oddly enough
Bowjob: the wind just freezes me inside
Bowjob: are Cypriot banks still closed?
jurov: and they will likely stay closed longer
jurov: prolly after their parliament reaches some decision
Chaang-Noi: can anyone remember when btc broke 50? seems like yesterday
gribble: BTCUSD ticker | Best bid: 63.25002, Best ask: 63.48000, Bid-ask spread: 0.22998, Last trade: 64.05000, 24 hour volume: 86416.29418274, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.92861
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.33318 = 0.9995 BTC [-]
kakobrekla: you cant use it to trade btc/usd pair (yet)
gribble: BTCUSD ticker | Best bid: 63.48000, Best ask: 63.60000, Bid-ask spread: 0.12000, Last trade: 63.48000, 24 hour volume: 86370.84658881, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.93938
jurov: kako i know, just that you may want to comment there
jurov: it took me a while to understand how btc is used on bit4x
jurov: oooh, me too. still have screenshot of how was coinbr announcement received by reddit
jurov: for shits and giggles
gribble: BTCUSD ticker | Best bid: 63.50002, Best ask: 64.00000, Bid-ask spread: 0.49998, Last trade: 64.00000, 24 hour volume: 86281.05475386, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.95506
Chaang-Noi: <amphipod> Mar20 17:04:03 mtgox x5 100.0000 @ 64.00246812 USD life
gribble: BTCUSD ticker | Best bid: 63.50003, Best ask: 64.42999, Bid-ask spread: 0.92996, Last trade: 64.43000, 24 hour volume: 86359.93202852, 24 hour low: 53.60931, 24 hour high: 64.99980, 24 hour vwap: 59.96982
gribble: Next Price Estimate: 70.872978 | Next Price In About 2 days, 23 hours, 11 minutes, and 14 seconds
Bowjob: the mpex OIX is so wrong
Bowjob: it said $39 or something
jurov: what do you think, will mp manage to add new options before price crosses 75?
assbot: [MPEX] [S.MPOE] 10850 @ 0.0007499 = 8.1364 BTC [-]
assbot: [MPEX:^OIX] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / 57.56498348 / 57.56498348 (6790 shares, 792.60 BTC), 30D: 0 / 0 / 0 (0 shares, 0 BTC)
gribble: BTCUSD ticker | Best bid: 63.68001, Best ask: 63.79500, Bid-ask spread: 0.11499, Last trade: 63.79500, 24 hour volume: 85046.90197713, 24 hour low: 55.10000, 24 hour high: 64.99980, 24 hour vwap: 60.10183
gribble: BTCUSD ticker | Best bid: 63.38002, Best ask: 63.60130, Bid-ask spread: 0.22128, Last trade: 63.38002, 24 hour volume: 85696.78091179, 24 hour low: 55.30001, 24 hour high: 64.99980, 24 hour vwap: 60.17280
Bowjob: im thinking of a black aventador/ mhm
kakobrekla: lol reddit jurov, one idiot bigger than the other
assbot: [MPEX] [S.DICE] 1800 @ 0.004 = 7.2 BTC [+]
jurov: how do you mean "reddit jurov, one idiot bigger than the other" ?
assbot: [MPEX] [S.DICE] 18481 @ 0.004 = 73.924 BTC [+]
kakobrekla: commenting the comment posted on that forex thread or whatever the thing is called on reddit
jurov: okay... just got alternative meaning of that sentence first
pigeons: usagi is offline now but he sent me a query that he's upset because he claimed i lied to him because he told me not to post the spreadsheet to a public web page or post it to the forum
pigeons: and he claims I sent derived an edited copy, which I did not
jcpham: hey pigeons guess who i believe
jcpham: i bet you'll never guess
jcpham: pigeons always starting drama on the forums
pigeons: kakobrekla: i didnt post it, i sent it to deprived who posted an except of the part that shows he calculates exactly what a share is worth a knows its 100% overpriced
pigeons: and i didnt send an edited version of course, why would i do that?
assbot: [MPEX] [S.DICE] 5 @ 0.004805 = 0.024 BTC [+]
Chaang-Noi: okay in a few days ill pay for the next share:)
pigeons: he says im revoked from access
Chaang-Noi: i dont think that will be hard to find
assbot: [MPEX] [S.MPOE] 2600 @ 0.0007499 = 1.9497 BTC [-]
assbot: [MPEX] [S.MPOE] 3056 @ 0.00074912 = 2.2893 BTC [-]
assbot: [MPEX] [S.MPOE] 592 @ 0.00074461 = 0.4408 BTC [-]
assbot: [MPEX] [S.MPOE] 652 @ 0.0007446 = 0.4855 BTC [-]
jurov: so,all s.dice @0.004 gone, what shall i do with the stash? wait for divs?
mod6: looks like .003 is a good support level in ther
jurov: heh nobody wants to sell less than 66% of ipo price
jurov: would move it to bf and sell there, if g.sdice wasn't ghost town :(
assbot: [HAVELOCK] [HIM] 1 @ 1.856 BTC [-]
jurov: btc grows too fast, ruins stock trade :( haha
assbot: [HAVELOCK] [SDICE] 3 @ 0.494 = 1.482 BTC [+]
smickles: soebot up and running again :)
jborkl: on tu silver - i looked at that report
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
jurov: oh that's other bot
mpexbot: i can see you with half you face painted blue right now, mircea_popescu
jborkl: 35 bitcoins miuns debt applied of 46 btc
smickles: jurov: the broken link thing happens when the bot hasn't seen someone start a line with the given word
mpexbot: and trades by email are supported automatically?
jborkl: so the fund is worth -8 approx btc?
smickles: usagi wanker wanker bumble but
mpexbot: smickles: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
mpexbot: jurov: Error: I found a broken link in the Markov chain. Maybe I received two bad links to start the chain.
pigeons: i don't know, he ownse some options on his own shares and some JAH mining shares
assbot: [HAVELOCK] [SDICE] 1 @ 0.484 BTC [-]
jborkl: ^ approx value of tu.silver- if I am not missing something
benkay: we need to push people running bitcoin companies on extreme transparency
benkay: verifiable business practices
benkay: i'm glad that people on the forum are running usagi through the grinder
XRPTrader2: i think the real question is "how many russian mobsters do we need to get to buy bitcoin?" :D
benkay: bar needs to be way higher.
benkay: need is such a strong word. typically used by people who don't really understand what it is to need a thing.
benkay: i need a vpn to do my stuff
XRPTrader2: is reading satire one of your strong points?
benkay: just use ssh, and fish through the connections with a coathanger
benkay: but while we're on the topic, what was the actual point you were trying to make? i can't read it through all the funny.
benkay: (also it turns out i do need a vpn, for efficiency. the thing about using irony online is that you have to explain it to people. hence, "coathanger".)
pigeons: i just let them think im stuoid
benkay: thanks for posting the thing, pigeons
benkay: pass my thanks on to team plz
gribble: You rated user usagi on Sun Nov 11 18:00:33 2012, giving him a rating of -1, and supplied these additional notes: defaulted on this:
http://bitbin.it/nPDQRLME and tries overcome simple facts with appeals to emotion.
benkay: where did he respond to defaulting?
gribble: You rated user usagi on Thu Nov 15 13:23:03 2012, giving him a rating of -1, and supplied these additional notes: person strikes me a bit flaky.
benkay: or address his failure to pay?
topace: it'll be listed on havelock under symbol VTX
smickles: benkay: basically, shit was hitting the fan with glbse, I asked him if he'd be able to pay. he said yes, then vanished for a while, defaulted and then said i was heartless
gribble: Nick 'topace', with hostmask 'topace!~kvirc@unaffiliated/topace', is not identified.
benkay: i trust your read on the thing
benkay: pigeons, correct me if i'm wrong, but it's bad form to rate someone without having performed a transaction with them
benkay: but *I think* that it's bad form...
pigeons: benkay: i disagree as does the founder of the web of trust
pigeons: i used to hold back more, but people have been scammed and i never said anything
smickles: also, people have been scammed b/c i didn't rate people
benkay: has anyone done any work on distributing the WoT?
pigeons: benkay: yeah v2 proposal is distributed #bitcoin-wot
pigeons: and i did do business with him , i bought his cdos from mpex and he proceeded to sell all the C out from the DOs and then told me it was impossible for cpa to go bankrupt when i asked him about it
benkay: and you're not rating him for that?
benkay: why the "seems flaky" instead of "fucked me hard"?
pigeons: i cant even succintly explain all the stupid involved for a rating
pigeons: cause that's his problem, he's a fuckin nut
pigeons: the -1 was at a time when he was working to repay folks
pigeons: my rating of usagi is, dude is flaky, warning
gribble: Rating entry successful. Your rating of 2 for user topace has been recorded.
pigeons: usagi had 3 different risk profiles for his cdos, and he bought OBSI.HYPT (High Yield Pass Through into secret business model now run away with the money) in the EXTREMELY LOW RISK group
☟︎ pigeons: also flat out lied about the valuations. something sells for X and he says "book value" is X * 10 because mining is looking good
topace: i should figure out how to auth myself with gribble again
benkay: curl whatever | gpg --decrypt
benkay: send plaintext to gribble
gribble: Nick 'topace', with hostmask 'topace!~kvirc@unaffiliated/topace', is identified as user topace, with GPG key id A49472A32D4FCE50, key fingerprint 08AEAC40F3086E6131B39762A49472A32D4FCE50, and bitcoin address None
gribble: Currently authenticated from hostmask topace!~kvirc@unaffiliated/topace . User topace, rated since Wed Jun 8 15:37:29 2011. Cumulative rating 25, from 10 total ratings. Received ratings: 10 positive, 0 negative. Sent ratings: 6 positive, 0 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=topace mpexbot: smickles: Bids: ['1576 @ 0.00393432', '5034 @ 0.003198', '805000 @ 0.0031', '116759 @ 0.00100118', '42030 @ 0.00100117']
mpexbot: smickles: Asks: ['995 @ 0.004805', '201 @ 0.005', '6623 @ 0.0051', '41800 @ 0.0056', '19183 @ 0.00576999']
assbot: [MPEX] [S.DICE] 995 @ 0.004805 = 4.781 BTC [+]
assbot: [MPEX] [S.MPOE] 3241 @ 0.00076404 = 2.4763 BTC [+]
assbot: [MPEX] [S.MPOE] 592 @ 0.00076716 = 0.4542 BTC [+]
assbot: [MPEX] [S.MPOE] 5059 @ 0.00076717 = 3.8811 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.2 BTC [+]
assbot: [BTCTC] [COG.F] 1 @ 2.5 BTC
assbot: [BTCTC] [S.BBET-PT] 10 @ 0.00178 = 0.0178 BTC [-]
dub: just realised who the bitcoin pride guy is
assbot: [BTCTC] [BITVPS] 1 @ 0.00413 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.00412 BTC [-]
assbot: [BTCTC] [BITVPS] 1 @ 0.0041 BTC [-]
assbot: [BTCTC] [BITVPS] 3 @ 0.00369 = 0.0111 BTC [-]
assbot: [BTCTC] [BITVPS] 10 @ 0.00351 = 0.0351 BTC [-]
assbot: [BTCTC] [BITVPS] 3 @ 0.00328 = 0.0098 BTC [-]
dub: one of realsolids fan boys or perhaps personalities
benkay: wow the shirts on that site are uniformly horrid.
dub: one of the top 5 most retarded forum users
benkay: let's just cement the tech community's reputation for misogyny.
benkay: not one "Free the Market, Free the World" shirt.
jurov: Also,CoinBr.iDiff-E sells now at 0.095 only.
assbot: [BTCTC] [BTC-BOND] 10 @ 0.0099 = 0.099 BTC [+]
smickles: no, al gore is a big fan of bitcoins
mod6: lol fuck al gore in his ear
assbot: [BTCTC] [BTC-BOND] 28 @ 0.0099 = 0.2772 BTC [+]
gribble: BTCUSD ticker | Best bid: 63.64997, Best ask: 63.64998, Bid-ask spread: 0.00001, Last trade: 63.64997, 24 hour volume: 80512.67272484, 24 hour low: 57.02000, 24 hour high: 64.99980, 24 hour vwap: 60.83886
assbot: [MPEX] [S.DICE] 1 @ 0.00499999 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.858991 = 1.718 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 8 @ 0.858991 = 6.8719 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 0.858991 = 5.1539 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858991 BTC [-]
ThickAsThieves: thinking out loud, is it possible asicminer was waiting to increase their hashing a lot until they had met their IPO obligation of .01? Now that they have pretty much reached that, they can start paying themselves half.
ThickAsThieves: they also mentioned that they might hold back on hashing in the future to try and reduce difficulty changes
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858 BTC [-]
jurov: $91/BTC = "One beeellion dollars"
pigeons: wow, that's like $250/oz in fan club silver
gribble: There are currently 18945.979 bitcoins offered at or under 70.0 USD, worth 1287280.13071 USD in total. | Data vintage: 0.0018 seconds
gribble: There are currently 18661.56 bitcoins offered at or under 69.99 USD, worth 1267370.78922 USD in total. | Data vintage: 5.7516 seconds
gribble: There are currently 2767.5768 bitcoins offered at or under 65.0 USD, worth 179691.531073 USD in total. | Data vintage: 21.2104 seconds
jurov: ThickAsThieves, stop, ur killing mtgox :)
jurov: if today someone on the street asked me what bitcoin costs, i'll be liek
jurov: $50.. err.. $60... err... lemme check
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858991 BTC [+]
benkay: 24hr weighted avg of biggest exchanges, maybe.
gribble: Error: "vwap" is not a valid command.
benkay: volume weighted or anything?
gribble: Error: "bc,12hprc" is not a valid command.
jborkl: smickles, I have some windows user install instructions
benkay: documentation's a bit lacking.
smickles: jborkl: I'd love to have them :)
jborkl: you want me to email it?
smickles: jborkl: btw, i'm working on improving the appearance of the 'long list' sort of things like bids/asks and the overall market view
assbot: [MPEX] [S.MPOE] 3700 @ 0.00076717 = 2.8385 BTC [+]
jborkl: ok, cool- I just got it working- took a break from yesterday.
assbot: [BTCTC] [ASICMINER-PT] 10 @ 0.85899 = 8.5899 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.85899 = 1.718 BTC [-]
assbot: [BTCTC] [B.YABMC] 2 @ 0.0111 = 0.0222 BTC [+]
assbot: [BTCTC] [ESECURITYSABTC] 1 @ 0.32001 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.00801 BTC [-]
assbot: [BTCTC] [SYNERGY] 1 @ 0.00801 BTC [-]
unbalanced: So is the Fed buying all the Bitcoins up er wot?
unbalanced: I hear he invented Bitcoin. Or was it the internet?
Namworld: It's ah me, Mario! Buying all the BTC at 1 coin = 1 BTC.
Namworld: 100 oz giant gold coins I keep collecting everywhere.
jurov: ph, algore. wait till billg arrives
jurov: the father of internet, universe and everything
assbot: [MPEX] [S.MPOE] 3964 @ 0.00076717 = 3.0411 BTC [+]
unbalanced: Or is this surge caused by certain Russian "interests" getting their money the heck out of Cyprus?
billg: lmao this nick was free!
Namworld: Occam's razor... those scenarios...
benkay: you should grab unbalanced_payments
benkay: and make a bitcoin company with that name
benkay: confuse the shit out of some people.
Namworld: The simplest explanation is a bunch of newcomers hearing of the price going up wants in. Further raising the price... further attracting newcomers.
Namworld: The higher the price, the more interest there is from the general population.
assbot: [MPEX] [S.MPOE] 1 @ 0.00076717 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.858989 = 2.577 BTC [-]
Namworld: It's gonna burn all the little guys.
jborkl: Succesful windows buy smickles- adding to the order book and cancel works alsl
Namworld: Well I'm sure Bitcoin is raising in value, regardless of this exponential price rise.
unbalanced: OTOH, if this keeps up for 100 more years, I may eventually be rich.
Namworld: Just that the current price is mostly fueled by speculation. It is my belief.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.858988 = 1.718 BTC [-]
billg: ^this is then fueled by what?
Namworld: I'm waiting for the price to go down. Even if it doesn't... well I have a fair amount of BTC even if not much.
MJR_: see nassim taleb about bitcoins?
MJR_: or al gore? awesome
Namworld: It's fueled by their massive amount of hashing power.
unbalanced: Namworld: I agree, I don't know where it'll be in a year or 5 but I can't see it back at 2.50.
Namworld: yeah, not going to drop at 2.5 again I think...
Namworld: But maybe a low of 15 USD/BTC at the low of the crash.
unbalanced: Taleb/Gore said something about Bitcoin? Googling...
Namworld: Maybe then go and stabilize around 30 USD/BTC?
Namworld: Complete bogus speculation on the price anyway.
Namworld: I was thinking of slowly buying back tho.
MJR_: I hedged by investing dollars to lend at bitfinex
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.858988 BTC [-]
Namworld: Imagine if price skyrockets to 1k USD a BTC during this which I expect to be a bubble and all BTC-BOND holders want to cash out right away? Would be expensive to buy and complicated to sell assets to cover them.
assbot: [BTCTC] [GSDPT] 1 @ 0.00444 BTC [-]
Namworld: I've removed ask and will buy back at least a good portion of it.
deadweasel: that site looks like it took upwards of 12 minutes to make
assbot: [BTCTC] [BTC-BOND] 400 @ 0.0099 = 3.96 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 3 @ 0.858989 = 2.577 BTC [+]
smickles: jborkl: Thanks for the instructions. The only thing is that you shouldn't need pympex to get the MPEx gui to work, otherwise I'd be breaking pympex's license
jborkl: Let me move that , one sec
assbot: [BTCTC] [S.DICE-PT] 50 @ 0.00399 = 0.1995 BTC [+]
jborkl: ok, remove that from the instructions, you are correct
jborkl: also, I forgot to add- you need to choose to have Kivy open the mpexgui- right click and assign it to always open this file
smickles: oh windows is so strange to me now
jborkl: smickles, I just read Cython is included in Kivy for windows- So no need to download that separate
unbalanced: benkay: sorry for the delay I was off reading - good idea!
benkay: no apologies necessary, unbalanced. your cycles were probably better burnt on whatever you were reading.
ThickAsThieves: LTC on BTC-e.com - Sell orders = Sell orders 902842 LTC, Buy Orders 968BTC
benkay: on the same topic, a local goldbug just got back from argentina, where he rented a car with bitcoins
assbot: [BTCTC] [COGNITIVE] 2 @ 0.24 = 0.48 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.24995 BTC [+]
assbot: [BTCTC] [COGNITIVE] 3 @ 0.24997 = 0.7499 BTC [+]
unbalanced: Did he say how's their hyperinflation was coming along?
assbot: [BTCTC] [COG.F] 1 @ 0.002499 BTC [-]
assbot: [BTCTC] [COG.F] 2 @ 2.5 = 5 BTC [+]
assbot: [MPEX] [S.MPOE] 2900 @ 0.00077103 = 2.236 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.858989 = 1.718 BTC [+]
assbot: [MPEX] [S.MPOE] 1082 @ 0.00077103 = 0.8343 BTC [+]
assbot: [MPEX] [S.MPOE] 6300 @ 0.00077104 = 4.8576 BTC [+]
assbot: [MPEX] [S.MPOE] 2318 @ 0.00077128 = 1.7878 BTC [+]
smickles: jborkl: "uniextractor" is that how it's actually spelled?
unbalanced: Namworld: excuse my thickness but how would more hash power (ASICMINER) drive up BTC/USD? It sounds logical but I'm not sure I understand the cause/effect steps
unbalanced: Is it because other miners need a higher exchange rate to keep mining, and the network needs the other miners?
jborkl: Overall security of the network increases value
smickles: jborkl: once you have asigned kivy to always open the file, can you launch MPEx just by double clicking MPEx instead of Kivy.bat?
peterl: But overall security has diminishing returns, doubling the hash rate does not give double the security
unbalanced: So more powerful verification mechanisms (ASIC-based miners) improve the utility/value of Bitcoin... right.
jborkl: I agree overall security does not provide hash double and price double
jborkl: I think we are at a unique point reached in January
unbalanced: Thousands of Europeans fleeing tax grabs are probably more of a factor I guess.
dub: theres a historical correlation between difficulty and price, its probably a hangover from that
kakobrekla: theres support and resistance in profitability
kakobrekla: support being around 0.2 and resistance 0.5 or so
kakobrekla: my bet is support will go lower with asic
jborkl: Cheaper and easier, less technical know how. Now the main thing is people choosiing a pool that is not going to rip them off...
smickles: kakobrekla: i hadn't seen those charts of yours before. Would it be tough for you to add a 1 month chart?
benkay: cheaper to hash? how? with the advent of very expensive asic miners, how are things cheaper?
jborkl: Aic miners are much cheaper
peterl: the people with the asics get it cheaper, the gpus will be forced to drop out cause they are less efficient
benkay: except upfront cost to buy
jborkl: till a equilibrium is reached
benkay: capital requirements just went *up* friends.
peterl: does anybody know how long an asic is expected to last?
benkay: peterl: an excellent unanswered question.
deadweasel: so it's not a huge jump from there to a an asic
peterl: I mean, if you can keep mining on them for years it would lower the capital costs, but if they burn up in a couple months it is a ll a waste
benkay: i don't play in the space, but i thought they were like 15k
jborkl: FPGA's didnt burn up and GPUs didnt burn up - the power consumption of a ASIC tells me it will not burn up
peterl: maybe estimate the price in $ per Mhash?
dub: theres only one asic vendor shipping and only just, quality looks average but too soon to know about failure rate
deadweasel: i'd just be afraid of buying a rushed product.
benkay: just because fpgas and gpus don't burn up implies nothing about quality of current bitcoin hashers
benkay: silicon design is non trivial
jborkl: Asic chips are all over, used every day
peterl: From what I read in the AsicMiner thread it sounded like he used a generous line width, which I think means they will be pretty robust?
dub: well 100% of gpus will burn up if deployed wrong
assbot: [MPEX] [S.MPOE] 132 @ 0.00077128 = 0.1018 BTC [+]
assbot: [MPEX] [S.MPOE] 2694 @ 0.00077397 = 2.0851 BTC [+]
peterl: anybody know why ESECURITYSABTC is trading at 2x it's face value? Is it just because of the rapid change in btc price?
assbot: [BTCTC] [S.DICE-PT] 10 @ 0.004 = 0.04 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8588 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 100 @ 0.00399 = 0.399 BTC [-]
jborkl: smickles, have you tried the mpexgui on android yet?
assbot: [BTCTC] [S.DICE-PT] 300 @ 0.00398 = 1.194 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 0.8588 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 0.8588 = 1.7176 BTC [-]