jborkl: people panic so much, so easy to predict
jurov: one needs to be constantly vigilant toward self... to not fall into habit of using self's intelligence to make others appear dumb, for example
assbot: [BTCTC] [S.BBET-PT] 1 @ 0.00199 BTC [+]
joecool: panic time, fleanode netsplit
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a (1 more message)
gribble: BTCUSD ticker | Best bid: 132.79999, Best ask: 132.80000, Bid-ask spread: 0.00001, Last trade: 132.79999, 24 hour volume: 145217.59936021, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 144.61258
mircea_popescu: "to feague a horse is to put ginger up a horse’s fundament, and formerly, as it is said, a live eel, to make him lively and carry his tail well. It is said, a forfeit is incurred by any horse-dealer’s servant, who shall show a horse without first feaguing him."
assbot: [MPEX] [S.MPOE] 7750 @ 0.00069843 = 5.4128 BTC [+]
KRS1: driving down the interstate 5 lanes each direction at 80 mph buying and selling through my android in my diesel 4x4 truck
MJR_: To decorate or improve in appearance through artificial means.
MJR_: To increase the liveliness of a horse by inserting an irritant, such as a piece of peeled raw ginger or a live eel, in its fundament.
MJR_: wow, talk about a time when context could really matter\
MJR_: that girl was really feaguing
MJR_: and lol...there is actually a 3rd entry
MJR_: (obsolete) To beat or whip; to drive.
MJR_: either whipping, sticking eels up horses asses, or making yourself pretty with makeup...how could anyone ever miscontrue what i meant?
pgp3: just looked at chart... shit... a couple hours can be an eternity in bitcoin land...
☟︎☟︎ gribble: BTCUSD ticker | Best bid: 142.16804, Best ask: 142.49990, Bid-ask spread: 0.33186, Last trade: 142.16804, 24 hour volume: 166821.51265896, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 143.49206
pgp3: someone dumped A LOT of coin... jeez...
gesell: can someone explain what happened that caused the drop to $90?
Scrat: pizza was delivered to the gox headquarters
Scrat: the rest is history
KRS1: some corn on the side too
gesell: no really, i dont see much on reddit and wasnt around at the time
gesell: so what really happened?
jurov: should we tell him?
KRS1: look, its like this..this shit is nuttier than a port-o-potty at a peanut festival
pgp3: what do you mean $90... I don't see that anywhere...
KRS1: prolly a different exchange?
pgp3: maybe that was the limit price?
gesell: hmm... well i had a lot of orders at $88 that got fulfilled
gesell: just reading the gox emails wrong
gesell: was from a long time ago
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.16 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.705 BTC [-]
assbot: [BTCTC] [BTC-GOLD] 1 @ 0.00111 BTC [-]
gribble: Error: "tiocker" is not a valid command.
gribble: BTCUSD ticker | Best bid: 142.25001, Best ask: 142.36000, Bid-ask spread: 0.10999, Last trade: 142.36000, 24 hour volume: 177752.29026620, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 143.50780
assbot: [MPEX] [S.MPOE] 1293 @ 0.00069843 = 0.9031 BTC [+]
thestringpuller: mircea_popescu, that's what they call you. bitcoin billi-on-aire, lots of niggas say it ain't fair.
thestringpuller: as you sit in your lair, surrounded by bitches shaved with nair.
assbot: [MPEX] [S.MPOE] 1550 @ 0.00069955 = 1.0843 BTC [+]
assbot: [BTCTC] [B.YABMC] 1 @ 0.01629 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 1.7997 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.4485 = 4.485 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.4485 = 4.485 BTC [+]
assbot: [MPEX] [S.MPOE] 5950 @ 0.00070076 = 4.1695 BTC [+]
assbot: [HAVELOCK] [VTX] 4 @ 0.4485 = 1.794 BTC [+]
assbot: [HAVELOCK] [VTX] 11 @ 0.4201 = 4.6211 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.42 BTC [-]
assbot: [HAVELOCK] [VTX] 4 @ 0.40070003 = 1.6028 BTC [-]
assbot: [HAVELOCK] [VTX] 25 @ 0.40070002 = 10.0175 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.7997 BTC [+]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.198 BTC [+]
assbot: [BTCTC] [COGNITIVE] 5 @ 0.1981 = 0.9905 BTC [+]
assbot: [BTCTC] [COGNITIVE] 5 @ 0.1983 = 0.9915 BTC [+]
assbot: [BTCTC] [BTC-BOND] 6 @ 0.009996 = 0.06 BTC [+]
assbot: [BTCTC] [BTC-BOND] 5 @ 0.009997 = 0.05 BTC [+]
assbot: [MPEX] [S.MPOE] 9050 @ 0.00070076 = 6.3419 BTC [+]
assbot: [MPEX] [S.MPOE] 11617 @ 0.00070092 = 8.1426 BTC [+]
assbot: [BTCTC] [BTC-BOND] 2 @ 0.009999 = 0.02 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.28000002 = 0.56 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.28000001 = 2.8 BTC [-]
assbot: [BTCTC] [RSM] 1 @ 0.00303 BTC [-]
assbot: [BTCTC] [RSM] 238 @ 0.00302 = 0.7188 BTC [-]
gribble: BTCUSD ticker | Best bid: 140.10015, Best ask: 140.98999, Bid-ask spread: 0.88984, Last trade: 141.22614, 24 hour volume: 187759.77712509, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 143.12243
gribble: There are currently 151705.18 bitcoins demanded at or over 50.0 USD, worth 12737481.7987 USD in total. | Data vintage: 0.0082 seconds
gribble: There are currently 21257.668 bitcoins demanded at or over 120.0 USD, worth 2718075.47269 USD in total. | Data vintage: 0.0060 seconds
jcpham: hurt yourself reading what i'm reading
assbot: [HAVELOCK] [SDICE] 1 @ 0.29 BTC [+]
mircea_popescu: A recent investigation has shown that the number of clicks on search results stemming from a given country correlates with the amount of investment in that country
seongyupyoo: cool, so i've been thinking really hard about destorying, and really the only way this system would be viable if the destroy funds are either really destroyed, sent to void, sent back to blockchain somehow
seongyupyoo: i'm wondering what ways there are to do 1. really destroy bitcoins 2. blackhole it 3. give it back to blockchain
mircea_popescu: well, 1 justg send them to a fixed address like 1blackhole398759347589
seongyupyoo: i don't know as i don't know how to do either
mircea_popescu: seongyupyoo its simple, just send coins to an address that nobody has the key for.
mircea_popescu: you'll need to calculatge the checksums so it validates, but that's no big deal
ThickAsThieves: but the problem there is you are accelerating deflation
seongyupyoo: so i got that now 1 and 2 are same and you just send to an address that no one has key to
mircea_popescu: like, make a tx with 100 btc inputs, 1 satoshi outputs
seongyupyoo: i'm not following you when you say make tx with 100 input to and 1 output
seongyupyoo: people will need to be able to see that their exact fund amount has been destroyed at that time
mircea_popescu: you just check the tx in blockchain, it'll be there. 100 goes in, 1 goes out so 99 was miner fee
assbot: [MPEX] [S.MPOE] 4033 @ 0.00070092 = 2.8268 BTC [+]
assbot: [MPEX] [S.MPOE] 11595 @ 0.00070129 = 8.1315 BTC [+]
seongyupyoo: so send money from my wallet to my wallet with 100 input and 1 output if i don't to give back 99?
seongyupyoo: i'm just trying to clarify how to make a transaction
ThickAsThieves: you have to send an actual amount (i think) plus a tx fee
mircea_popescu: i think you'll have to read up on how bitcoin txs work
ThickAsThieves: most of the destroyed coin would be sent as the tx fee
maximian: send 0.000000 01 BTC to any address, and specify a fee of 99BTC
seongyupyoo: i understand that, i thought there was another way to manually setting input and output
seongyupyoo: how bad is destroying to blackholeaddress?
seongyupyoo: i identified 4 big issues from all the feedback i gather today
seongyupyoo: would you guys like to hear the 4 problems, and my plan to solve them?
seongyupyoo: well, if i send a lot of small ones, it would be hard for the traders to check their fund was destroyed
seongyupyoo: i should start running a pool where i keep the transaction fee lol
seongyupyoo: then i'd need to provide many transation id as a proof of destruction
seongyupyoo: also i figured out a way so that nobody will ever have to risk 100 BTC
seongyupyoo: so max destruction is going to be 20-40 BTC at most
seongyupyoo: anyways, the first problem was issue of me running away with risk funds
kakobrekla: you are now arbitrarily setting what is ok give to pool ops?
seongyupyoo: so nashx might run under nashx.mosaically.com
usagi: i don't know what's going on
seongyupyoo: 2nd problem was destroying of the destroyed funds, and i'll handle that by sending it back to blockchain as fee
assbot: [MPEX] [S.MPOE] 46572 @ 0.000703 = 32.7401 BTC [+]
seongyupyoo: 3rd problem is transparency, basically the ability for people to be able to see all that is happening in terms of transactions
seongyupyoo: i'll remedy that by making all transactions and messages between trader and such available for public view
ThickAsThieves: 1st problem seems like a non-problem with a non-solution
usagi: What was the middle thing?
usagi: I'm trying to understand this, so, you want to run a mining pool?
seongyupyoo: well someone thought that it was an issue, you're right it might not really be an issue. and it really isn't, but it was brought up, and i can see how some people might see that as risk
seongyupyoo: where as if it was under mosaically umbrella, then it would be under a corporation
seongyupyoo: no i don't, i just made something called nashx
usagi: So your goal is to make it legit.. and your not planning to quit, as a result of that? you will see this through?
seongyupyoo: last problem is problem of big transactions
kakobrekla: seongyupyoo, balances and txes are public and audiable... so transparency is not a big issue
seongyupyoo: at least to the next version having solve these 4 problems
assbot: [BTCTC] [BTC-BOND] 35 @ 0.01 = 0.35 BTC [+]
seongyupyoo: and i'll post it on reddit again, get feedback
ThickAsThieves: for the 3rd problem you can simply make your escrow address publicly known
usagi: Oh nashx. Thats a good idea, if it works you will be rich.
usagi: So what your saying is, you are too legit to quit. Sounds good :)
seongyupyoo: well, i really feel that something like nashx needs to exist for everyone's benefit
usagi: May I give you some free advice yupyoo?
usagi: if I may call you yupyoo.
usagi: Oh, I am used to last name first
usagi: I live here in asia you see.
maximian: Bitcoin has a mechanism for multisig transactions - destruction isn't necessary
usagi: I assume you are from Korea? Have you been to Jeju island? I hear it is so beautiful.
assbot: [HAVELOCK] [SDICE] 1 @ 0.27500001 BTC [-]
usagi: Anyways, I don't like how you explain how you keep the destroyed funds, because until that moment you speak of the funds as "destroyed"
maximian: unless I've misunderstood what you're trying to do
usagi: so I would not try to justify how you do it, just state that you keep the funds "like a library fine" and leave it at that.
usagi: That's essentially what your doing. It's like a late fee charged at a video store
usagi: I don't think people are going to be concerned with that if your business takes off
seongyupyoo: if i just leave it as is, i have incentive to make fake accounts and go on a destroying spree
usagi: So, hire someone to audit your books.
usagi: That's what I did with my company TU.SILVER. I have a registered CA looking at the books, and a highly trusted community member providing operational oversight
seongyupyoo: well sending it back to blockchain is the best way as far as i can tell atm
seongyupyoo: i would prefer to have a system that is good by design than have to hire people to watch over it
usagi: People place far too much faith in the long and winding road of procedure when in the end it boils down to trust anyways.
usagi: deadweasel: it's going very well.
seongyupyoo: that's true, but i think in this case, it is important to gain validation of smart people especially since bitcoin community has been hurt with so many scams
usagi: The fact is silver went down, but compared to if we just leveraged pure silver on the way down, my investors made ovr 100% compared to the price of silver today
seongyupyoo: i feel it must pass the standard of community on reddit in order for it to be adopted and used widely by the whole global community
usagi: All I am concerned with now is providing 1:1 leverage with silver since I believe we are approaching a long-term bottom in silver priced in BTC
usagi: i sell investment grade silver coins, like canadian maples, FMJ 1/2oz rounds, etc.
seongyupyoo: maximilian, escrow does not work for my model because i don't want to be in the middle of people handling their transaction because of USD
usagi: deadweasel; total divs to date: 0.034788, sliver/btc/10 price is now .016 or so per unit, so, over 200% profit
seongyupyoo: i need to get going, thanks for all your helps guys. i don't know how this chatroom operates exactly, but i will be back :)
ThickAsThieves: i dont want to get into it but it should be said that usagi's bookkeeping did not stand up to a public audit
usagi: free shipping 7 days anywhere in the world
usagi: ThickAsThieves; there was no public audit.
ThickAsThieves: if anyone is interested talk to Deprived on the forums
usagi: Ahh, you mean when deprived stole our internal calculators and posted them on the forums? Those were internal company documents used to record buys and sells on bitfunder
ThickAsThieves: i have no interest in tusilver but i do trust deprived's abilities
usagi: They're not investment advice.
usagi: And they're not for public dissemination precisely because they would be assumed to be investment advice. They're not.
gribble: BTCUSD ticker | Best bid: 140.99999, Best ask: 141.00000, Bid-ask spread: 0.00001, Last trade: 141.00000, 24 hour volume: 188586.01119054, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 142.90861
usagi: If you want to know everything you need to know to build your own trading model, we use a coin and duty premium of $5 right now, which is less than the premium charged on the canadian maples we order exclusively from amagi metals
usagi: Beyond that we have a 2% markup and we use the actual rates we've paid for shipping in the price to factor that in
usagi: Now you know everything you need to know to calculate our value to within 5%, as our investment position has been disclosed.
dub: beyond (and before) that it is a fairytale that we wish you would stfu about
usagi: Yeah well I wish deprived would shut up about how I am selling shares unbacked by silver, but hey, if he has the right to lie then I have the right to correct him.
assbot: [MPEX] [S.MPOE] 13007 @ 0.00069955 = 9.099 BTC [-]
assbot: [MPEX] [S.MPOE] 1508 @ 0.00069458 = 1.0474 BTC [-]
assbot: [MPEX] [S.MPOE] 2136 @ 0.00069316 = 1.4806 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 2 @ 0.400002 = 0.8 BTC [-]
tiberiusiv: now why would i want to own an industrial metal
usagi: Sort of. The idea is to keep the price of units at the cost of silver plus shipping and secure storage
usagi: You want my personal opinion? :p
tiberiusiv: why would i risk money with your junk fund when i can purchase silver futures instead?
usagi: Well for one, when you try to get delivery in physical, you can be given a cash settlement by fiat
tiberiusiv: id recieve silver bars which are comex standard
usagi: really? I heard they were shortt
usagi: I sure hope not. :)
usagi: Do you have to pay a fee when you take delivery?
tiberiusiv: but its not 30% above spot like your coins
usagi: Yeah we're sold out now and the market is setting the price.
gribble: Currently authenticated from hostmask usagi!Guest12477@122-121-246-63.dynamic.hinet.net . User Usagi, rated since Mon Jun 18 10:33:55 2012. Cumulative rating 33, from 32 total ratings. Received ratings: 28 positive, 4 negative. Sent ratings: 43 positive, 4 negative. Details:
http://bitcoin-otc.com/viewratingdetail.php?nick=Usagi tiberiusiv: yea again why would i go to you when there is more safer, liquid and easier to access options?
usagi: Only you can answer that question
tiberiusiv: who checks what silver your fund is backed by
usagi: Let me put it this way. We sold over 1,000 units into the market. Anyone is free to offer their units for sale.
usagi: If you feel the price is too expensive, perhaps they know something you don't know? I dunno. I don't understand it myself. I just sell silver.
usagi: The holders are public info on bitfunder, you can check it yourself. I own around 300 shares personally
tiberiusiv: no i merely stated there is much better options
usagi: There are, if you're merely concerned with price.
tiberiusiv: vs some internet nerd operating on thin margins out of a basement
usagi: Yeah but you're a little clueless when it comes to investing in silver, aren't you?
tiberiusiv: silver is not an investment. it produces no income
usagi: Yeah you are :) First, you are speaking out about a fund you know zilch about.
tiberiusiv: its a speculation and its an industrial metal
tiberiusiv: there is no evidence silver acts as a protection in the event of a crisis
usagi: For one, a 1000 oz delivery contract is vastly different than a guartantee on your choice of 1/2 oz rounds
usagi: The coin premium on 1/2oz rounds is easily 20% or more
usagi: Which explains the entirety of the "30% cheaper"
tiberiusiv: and what secure storage do you honestly have?
usagi: It is more liquid. We're small. That doesn't justify the "nerd", "junk fund", etc.
tiberiusiv: yea just like that jay guy from coinabul
usagi: You are clueless, really :) Like that dub guy.
tiberiusiv: lol who would send this fking vagabond loser any money?
usagi: Want another example? You haven't read our contract.
tiberiusiv: your contract means nothing you have no capital reserves
tiberiusiv: secure storage is a apartment or basement to you
usagi: Seriously, you're being retarded. You want to talk shit about how I do things and you don't know we deal in small denomination coins and haven't read our contract
usagi: Then you want to call it a junk fund because it's less liquid than a 1000oz futures contract?
tiberiusiv: why would i store small coins with you?
usagi: Seriously, stop wasting my fucking time.
tiberiusiv: no i call it a junk fund becuase you are SMALL time
tiberiusiv: why would anyone want to store silver maples with a clown?
usagi: Why would anyone want to discuss the market with a clueless fuck like you?
usagi: You're whining about how we're 30% more expensive than a futures contract because we deal in 1/2 oz coins.
usagi: Is that the best you can do?
tiberiusiv: im argueing why would i go buy coins and have them stored with YOU
tiberiusiv: vs buying them from any other dealer ANYWHERE
usagi: We are already sold out. Look, I got stuff to do. Go read our contract.
usagi: Go read our recent reports.
usagi: I don't give a shit if you buy on the market or not. Bye
tiberiusiv: your like a bank for ultra poor bitcoiners
usagi: But I will say this. it's fuckups like you and deprived that are the entire source of my problems.
usagi: Not anything I did. Just a bunch of fucktards like dub who like to whine.
tiberiusiv: its business's like you that fuckup bitcoin credibility
gribble: (bids [--under] ) -- Calculate the amount of bitcoin demanded at or over . If '--under' option is given, find coins or at or under .
gribble: (bids [--under] ) -- Calculate the amount of bitcoin demanded at or over . If '--under' option is given, find coins or at or under .
usagi: I'll answer you when you can explain why the market disagrees with you. Why is it, praytell, the people invested in tu.silver won't sell below .12/unit? Go argue with the market.
tiberiusiv: i dont care what your junk fund sells at
gribble: There are currently 33503613 bitcoins demanded at or over 0.0 USD, worth 18244987.8596 USD in total. | Data vintage: 0.0118 seconds
tiberiusiv: like jay @ coinabul and the other 50 broke ass precious metals dealers
usagi: That didn't take long. I'm back.
tiberiusiv: post pictures of your "secure storage"
usagi: Oh it's you again.
usagi: Look, if you have a question, or if there's something you want me to do, just ask.
tiberiusiv: lol so you have a lengthy history of being a scum?
usagi: But it's clear that you have no idea what my business is or what it does. We're not a futures contract. We sell small denomination coins and there are no fees.
usagi: You haven't even read our contract. Go do some due dilligence before you come here and waste my time with "scumbag"
usagi: Then stop repeating yourself.
usagi: So tiberiusiv, how about that 6 BTC you owe me?
assbot: [HAVELOCK] [VTX] 2 @ 0.4111 = 0.8222 BTC [+]
assbot: [HAVELOCK] [KCIM] 1 @ 1.21000001 BTC [-]
assbot: [MPEX] [S.MPOE] 13990 @ 0.00069316 = 9.6973 BTC [-]
assbot: [MPEX] [S.MPOE] 7710 @ 0.00068557 = 5.2857 BTC [-]
assbot: [HAVELOCK] [VTX] 2 @ 0.4111 = 0.8222 BTC [+]
pgp2: my phone just got stolen.. fuckin' blows...
assbot: [HAVELOCK] [VTX] 3 @ 0.4111 = 1.2333 BTC [+]
kakobrekla: but i dont feel so bad for trashing it last time anymore
dub: tiberiusiv vs. usagi
dub: tiberiusiv way out of his depth on that one
usagi: I thought u hated me :/
assbot: [HAVELOCK] [VTX] 15 @ 0.4421 = 6.6315 BTC [+]
assbot: [HAVELOCK] [VTX] 10 @ 0.44229999 = 4.423 BTC [+]
assbot: [HAVELOCK] [VTX] 8 @ 0.4424999 = 3.54 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.443 = 2.215 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.449 = 2.245 BTC [+]
gribble: BTCUSD ticker | Best bid: 136.00000, Best ask: 136.26679, Bid-ask spread: 0.26679, Last trade: 136.00000, 24 hour volume: 205306.28466866, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 141.46468
dub: tiberiusiv: quote for you > i made like 50 dollars off that dice thing on blockchain today
gribble: MtGox lag is 1.415076 seconds. During this time, light travels 0.00283579646002 AU. You could have sent a bitcoin from Jupiter to its third largest moon, Io (0.002819 AU).
benkay: is mircea_popescu around?
dub: neg, sleepy|sexy tiem
gribble: BTCUSD ticker | Best bid: 136.52000, Best ask: 136.97999, Bid-ask spread: 0.45999, Last trade: 136.52000, 24 hour volume: 207806.15950960, 24 hour low: 120.08900, 24 hour high: 162.00000, 24 hour vwap: 141.32468
benkay: nananananananananananana
assbot: [HAVELOCK] [KCIM] 2 @ 1.21000001 = 2.42 BTC [-]
dub: the watsign is a 3d projection of 2g1c onto a tall building
benkay: +1 internet for you, sir.
assbot: [HAVELOCK] [SDICE] 1 @ 0.29989998 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.29989998 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.29989999 BTC [+]
assbot: [HAVELOCK] [SDICE] 5 @ 0.2999 = 1.4995 BTC [+]
dub: in my day we made our own toys out of mud and sticks
dub: at least until age 5 when we went to work in the mines
assbot: [HAVELOCK] [SDICE] 1 @ 0.29999999 BTC [+]
orkaa: i had to walk 20km to school, uphill both ways, usually in deep snow
assbot: [HAVELOCK] [SDICE] 2 @ 0.3 = 0.6 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1002 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1001 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.085 BTC [-]
benkay: you forgot the barbed wire sandals, orkaa
assbot: [BTCTC] [CRYPTO-TRADE] 9 @ 0.198 = 1.782 BTC [-]
benkay: is kakobrekla's socket up?
benkay: what is the timestamp that comes off of the wire from kakobrekla's socket?
orkaa: probably unix time?
benkay: that's what i'm thinking
benkay: apologies for wasting your time on something googleable.
assbot: [BTCTC] [BTC-BOND] 15 @ 0.01 = 0.15 BTC [+]
benkay: here's a fun piece of data
benkay: by my calculations, mpex has had over 300k of BTC wagered on options alone
benkay: and may have broken through 1M contracts traded total this month
benkay: that latter's pretty likely, actually.
benkay: i could get better numbers, but kako's socket's not responding :(
benkay: and i don't feel like debugging a socket connection over code i didn't write myself tonight
jurov: i supplied some data to kakobrekla and he found ISO format dates YYYY-MM-DD HH:MM:SS+TZ unwieldy lol
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.15 = 2.3 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.155 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.16 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.00303 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.1722 = 2.3444 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1725 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 9 @ 1.1725 = 10.5525 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1744 BTC [+]
KRS1: u know whats unweildy? epoch time...I mean..why..
assbot: [BTCTC] [ASICMINER-PT] 12 @ 1.09 = 13.08 BTC [-]
assbot: [HAVELOCK] [VTX] 45 @ 0.482 = 21.69 BTC [+]
assbot: [HAVELOCK] [VTX] 5 @ 0.482 = 2.41 BTC [+]
assbot: [HAVELOCK] [VTX] 7 @ 0.48249899 = 3.3775 BTC [+]
Chaang-Noi: yesterday had a big jump in ltc AM and btc, pretty crazy... these a crqazy ass swings to my portfolio...
assbot: [MPEX] [S.MPOE] 6174 @ 0.00070057 = 4.3253 BTC [+]
assbot: [MPEX] [S.MPOE] 7343 @ 0.00070059 = 5.1444 BTC [+]
assbot: [HAVELOCK] [SDICE] 2 @ 0.28000001 = 0.56 BTC [-]
assbot: [HAVELOCK] [VTX] 1 @ 0.4824 BTC [-]
assbot: [BTCTC] [BASIC-MINING] 1 @ 0.400001 BTC [-]
assbot: [BTCTC] [RSM] 1 @ 0.00303 BTC [+]
truffles: massive gamble not paying that 75 dollars a year
assbot: [MPEX] [S.MPOE] 5550 @ 0.00068747 = 3.8155 BTC [-]
assbot: [BTCTC] [RSM] 1 @ 0.00302 BTC [-]
mircea_popescu: asciilifeform you'll have to one day sit down and write a full explanation as to why a. you think the us government matters at all and b. you think anyone other than you gives a shit.
assbot: [HAVELOCK] [HIM] 4 @ 1.7051 = 6.8204 BTC [-]
mircea_popescu: but i mean, a serious, explicit, inquisitive piece like if you were writing a physics paper.
mircea_popescu: it's kinda funny tho because unique among literate people americans have spent a century or maybe even two in the firm belief that their government is like... good etc. paying their taxes, trying to do what policeman says etc.
mircea_popescu: this is a strictly american phenomenon, unheard of anywhere else, from france to morocco and from russia to iran
MJR_: what the fuck is wrong with people who make public policy?
MJR_: instead of actually just letting them pay the price that they say they would pay, we take the word for it and set a rate? how does that make any sense
MJR_: apparently the swaps market is also rigged like LIBOR
MJR_: well, that is not surprising
MJR_: but i just can't believe that no one actually does anything about it
mircea_popescu: somehow magically the bet submitter picked the exact spot where it'd be contentious.
MJR_: like...if i went to the supermarket, and they did a survey asking everyone there how much an orange would cost me...instead of letting us just bid on the orange or w/e
mircea_popescu: both these are good things. especially for people who need beatings, know they need beatings, want to get their ass beaten raw.
MJR_: its also funny cuz they are really DP'ing everyone
MJR_: let's cheat and fix the interest rate...
MJR_: and then let's cheat and fix the price it takes to switch from variable to fixed rate
MJR_: how many other ways can you add corruption to a loan
mircea_popescu: yes dude, totally. they'll love bitcoin, where they have to come to me with that nonsense and be shown the door
MJR_: well..."banks" is not a great word...there are banks and then there are banks
MJR_: its not a monolithic structure...
MJR_: but, once you are in the club, then you have no worries
mircea_popescu: on the other hand, i'm already buffing my cameras and mics for that glorious moment five or maybe three years down the road
mircea_popescu: when random anon bank ceo/vp/etc comes to bitcoin assets to start w/e project
mircea_popescu: and he's gonna be all whiny and i'm gonna be all dude, we've had this interdweeb nonsense for 3 or 5 years by now.
mircea_popescu: and so he's going to dig up the old protest threads on btctalk and bitch about how im a gypsy racist
mircea_popescu: now don't any of you trolls quote this discussion then until after i'm done making teh banker my cockpuppet.
MJR_: ewwww, you want a banker for a cockpuppet?
mircea_popescu: speaking of bankers, anyone have any favorite burlesque performers ?
mircea_popescu: i'm going to do like l'oreal etc and have a mpex image chick.
MJR_: are we going to have the website to archive all of this?
MJR_: hmmm...what if we put everything from bitcoin-assets into the blockchain?
MJR_: how future generations will judge us...
kakobrekla: i was trying to add it like yesterday or something but i got distracted
mircea_popescu: in fact this chan is growing faster than the blockchain
pizzaman1337: we don't want everyone dropping their crap in the blockchain
MJR_: i think it'd be hilarious, kinda like putting up posters of miley cyrus in the smithsonian
MJR_: or doodling on the constitution
mircea_popescu: and in fairness, the blockchain isn't as bad as either miley cyrus or doodling.
MJR_: i just think that the whole idea of posterity is going away rather quickly
MJR_: we still have the illusion (some of us anyway) that the older generations were respectable
MJR_: our children will prob not have that illusion at all
MJR_: when your kids can google the things you tweeted as a teenager yourself...
MJR_: or even worse, if they see the pics you've posted of yourself
mircea_popescu: then people wonder why i have the time to irc and chase skirts.
mircea_popescu: MJR_ i think all future children will have to learn to be comfortable with the fact that their mother's goodies are public record.
thestringpuller: mircea_popescu: it's kinda funny tho because unique among literate people americans have spent a century or maybe even two in the firm belief that their government is like... good etc. paying their taxes, trying to do what policeman says etc. << I would attribute that to the general populace being brainwashed into believing revolution is bad
mircea_popescu: pretty much the only people who believe revolution is good, other than romanians and who knows who else.
thestringpuller: Sure we protest, and "get uppity", but in general you're taught all through childhood "do as your told", "don't question authority".
thestringpuller: Maybe if everyone were more poor? Or perhaps there was truly a need to revolt? American's are very apathetic, and actually seem to "enjoy" the lethargy that arises from it.
mircea_popescu: people should do what they're told and not question authority in most cases.
mircea_popescu: but the society where people don't do what they're told and question authority a lot ends up something like france
mircea_popescu: can't get a fucking train on schedule, even if the schedule lists hours only, no minutes.
MJR_: i've been to detroit
thestringpuller: You may need quite a few goons, and maybe a couple of drones...
thestringpuller: Dude you survive in Bitcoin land which is like the virtual Detroit.
mircea_popescu: heck, i took teh coindelberg group through one here, it was funnay.
jurov: *that* was bad neighborhood? i failed to notice. no smell, hens or pigs
assbot: [MPEX] [S.MPOE] 6100 @ 0.00069657 = 4.2491 BTC [+]
mircea_popescu: jurov didja notice the gagle of 20 kids threatening to knife each other ?
jurov: yes i noticed, just joking a bit
mircea_popescu: was kinda funny, they were all "you ciocksucker, i bet you don't have 10 euros on you" "dude, if i do you suck my cock ???" "fuck you, show me"
mircea_popescu: i was like, hey, cool, nobody here is worth less than a million or some shit like that, you people are arguing about who has ten euros.
jurov: srsly, we need them in -otc. complete with knives
gribble: BTCUSD ticker | Best bid: 129.98000, Best ask: 130.00000, Bid-ask spread: 0.02000, Last trade: 130.00000, 24 hour volume: 240970.80932549, 24 hour low: 120.08900, 24 hour high: 159.66165, 24 hour vwap: 137.00610
gribble: There are currently 3217.5402 bitcoins demanded at or over 125.0 USD, worth 406095.036857 USD in total. | Data vintage: 0.0053 seconds
gribble: There are currently 7155.5675 bitcoins offered at or under 140.0 USD, worth 974221.764505 USD in total. | Data vintage: 7.8159 seconds
gribble: There are currently 18144.077 bitcoins demanded at or over 120.0 USD, worth 2216699.76409 USD in total. | Data vintage: 40.3246 seconds
jurov: all hail our Lord deCrypto
jurov: yay "This subreddit has been slow, as have my mining operations. I thought I'd freshen it up a bit!"
MJR_: lol good morning truffles
truffles: and its a redhead, spidey senses going off
truffles: we were getting nsfw in here so...
jurov: so you had to be helpful.
MJR_: lol, have you guys heard of rebecca martinson
truffles: well if i had kids penis wont be a bother
MJR_: this is why i love american colleges
mircea_popescu: [UPDATE 4/25: The sorority sister who authored the email has now resigned. Click here to read the sorority's official statement.]
truffles: ofc mp wants nudes when a sea them are on the net
mircea_popescu: i would have made her chapter queen for a week, and everyone had to serve her in the nude.
truffles: "Last week, bitches got told. " wow
MJR_: she basically is implying that the other girls should have put out more for social status
truffles: ofc she will want to go to Romania
MJR_: my friend sent me that, i just asked one question...is she single
mircea_popescu: i dojn't give a flying fuck if she;s single. and tyvm.
ThickAsThieves: the email doesnt seem that controversial, i expected worse from the hype
MJR_: this one is great, sororities hobos and hoes theme parties
MJR_: and people say america doesn't have a great educational system...
MJR_: lol, but...skateboards?
assbot: [HAVELOCK] [SDICE] 1 @ 0.29999998 BTC [+]
Scrat: are college sororities/fraternities only a murcan thing? or do other western countries have them
gribble: Current Blocks: 233241 | Current Difficulty: 8974296.01488785 | Next Difficulty At Block: 233855 | Next Difficulty In: 614 blocks | Next Difficulty In About: 3 days, 8 hours, 58 minutes, and 1 second | Next Difficulty Estimate: 9956757.41042 | Estimated Percent Change: 10.9475
truffles: how many millioins is your share kakobrekla
truffles: bitcoin is a scam, heard it here 1st
truffles: MJR_ which minion is getting out of line?
assbot: [MPEX] [S.DICE] 309 @ 0.00278789 = 0.8615 BTC [-]
assbot: [HAVELOCK] [SDICE] 2 @ 0.28000001 = 0.56 BTC [-]
mircea_popescu: "And how do you know that none of the content was written by people behind it? (And even if it was not written, it was perfectly collected together.)The organization is 100% anonymous with bitcoin early developers and great programmers behind it. Satoshi Nakamoto, before he vanished, in the last interview in April said that he had "moved on to other things," how do you know that GBBG and their software is not that oth
pgp2: mp: what is that in reference to?
assbot: [MPEX] [S.MPOE] 4754 @ 0.00069657 = 3.3115 BTC [+]
assbot: [MPEX] [S.MPOE] 15996 @ 0.00069481 = 11.1142 BTC [-]
Chaang-Noi: 138 again on btc, fucking all over the place
gribble: There are currently 22399.07 bitcoins demanded at or over 120.0 USD, worth 2772336.48921 USD in total. | Data vintage: 0.0060 seconds
gribble: There are currently 33114.795 bitcoins offered at or under 166.0 USD, worth 5071504.2059 USD in total. | Data vintage: 8.3661 seconds
gribble: There are currently 33503993 bitcoins demanded at or over 0.0 USD, worth 19202524.8757 USD in total. | Data vintage: 44.8066 seconds
assbot: [MPEX] [S.MPOE] 9650 @ 0.00070059 = 6.7607 BTC [+]
assbot: [MPEX] [S.DICE] 1000 @ 0.00278789 = 2.7879 BTC [-]
assbot: [HAVELOCK] [SDICE] 10 @ 0.28 = 2.8 BTC [-]
gribble: \*AWAY UNTIL April 28\* resistance: 132, 136, 138-140 | support: 120, 115, 110, 100, 90 | lower buy targets: 102, 96-100, 86 | updated by OneFixt at Apr 21 2013, 18:00 UTC ( tips:
http://bit.ly/YnxUM4 ) | disclaimer:
http://bit.ly/129bYJ6 | this is not investment or trading advice | #bitcoin-analysis | 4 days, 18 hours, 54 minutes, and 28 seconds ago
Cylta: where I can read more about what exactly mean for example O.USD.C152N?
ThickAsThieves: oddly i dont think there is a good description faq for mpex options on the mpex website
error4733: MP blog no ? for a good description
mircea_popescu: error4733 i thought they're explained to death everywhere, forum, blog etc.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1629 BTC [+]
assbot: [BTCTC] [RSM] 1 @ 0.00303 BTC [+]
KRS-1: Very funny mircea popescu..Can I have my anal room back please
KRS-1: why would you want bitcoin anal
KRS-1: I'm not trying to be an ass
KRS-1: Thats ok..I'll get it in the end
KRS-1: Says you registered my anal chat
KRS-1: Can I have my anal chat room back pls
KRS-1: [Notice] -ChanServ- #bitcoin-anal is already registered to mircea_popescu.
KRS-1: Isnt anything sacred anymore
KRS-1: haha its a nice channel though
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.163 = 2.326 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 7 @ 1.1638 = 8.1466 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1635 BTC [-]
MJR_: you jacked #bitcoin-anal??
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1637 BTC [+]
Cylta: If I understand correctly, asset "O.USD.C086T" is a call option from price of 86 usd per btc that will expire this month. Why people sell it, if price is already significally higher? and for what amount is this option?
ThickAsThieves: Cylta, you need to wait until new options are created tonight/tomorrow
Cylta: mircea_popescu: I did not expect, that you can buy\sell options with different price than current price. that's looks strange for me.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1637 BTC [+]
Cylta: error4733: thanks!
error4733: the price is not different, it's a like a bet !
mircea_popescu: well the idea kinda is that the mpex faq is about mpex, and people should be learning about options other places.
deadweasel: crap. hey mp, does the bot come online to buy back my calls at a fraction of the price I bought them for?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1637 BTC [+]
deadweasel: unless you want to buy some calls at 215 ThickAsThieves ! :
deadweasel: ouchie, should exercised them demons... i did the avg ever come down that far?
assbot: [BTCTC] [S.MPOE-PT] 150 @ 0.000641 = 0.0962 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 100 @ 0.00064 = 0.064 BTC [-]
assbot: [BTCTC] [BTC-BOND] 5 @ 0.00983 = 0.0492 BTC [-]
assbot: [BTCTC] [BTC-BOND] 1 @ 0.00983 BTC [-]
assbot: [BTCTC] [BTC-BOND] 8 @ 0.00982 = 0.0786 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 9 @ 0.000639 = 0.0058 BTC [-]
assbot: [BTCTC] [BTC-BOND] 15 @ 0.00981 = 0.1472 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 30 @ 0.000635 = 0.0191 BTC [-]
assbot: [BTCTC] [S.MPOE-PT] 10 @ 0.000631 = 0.0063 BTC [-]
assbot: [BTCTC] [GSDPT] 30 @ 0.00281 = 0.0843 BTC [+]
assbot: [BTCTC] [GSDPT] 1 @ 0.00281 BTC [+]
assbot: [BTCTC] [GSDPT] 97 @ 0.0028 = 0.2716 BTC [-]
assbot: [BTCTC] [GSDPT] 1 @ 0.0028 BTC [-]
ThickAsThieves: my MPOE PT shares seem to be being held hostage by DeadTerra, who is disinclined to trasnfer them to Jurov for me.
deadweasel: lol, i sold EVERYTHING. I don't want to hold of any of that crap right now.
jurov: did he said as much? or is he just silent?
assbot: [BTCTC] [ASICMINER-PT] 3 @ 1.1638 = 3.4914 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1649 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 1.165 = 11.65 BTC [+]
mircea_popescu: ok so who wants to or knows anyone wanting to model tits for a new project of mine ?
assbot: [BTCTC] [B.YABMC] 30 @ 0.01629 = 0.4887 BTC [+]
assbot: [BTCTC] [S.MPOE-PT] 150 @ 0.000679 = 0.1019 BTC [+]
KRS-1: how much btc we talkin here
KRS-1: ok i'll settle for ltc ...?
Cylta: KRS-1: may be xrp =)
gribble: There are currently 165183.38 bitcoins demanded at or over 50.0 USD, worth 14103182.0003 USD in total. | Data vintage: 0.0086 seconds
gribble: There are currently 69668.083 bitcoins offered at or under 200.0 USD, worth 11769976.7017 USD in total. | Data vintage: 9.4491 seconds
Cylta: KRS-1: premined, centrelised, low-value, with-no-future coin =)
davout: mircea_popescu: you could organize orgies in romania, get bitcoins spent, and poor girls richer
mircea_popescu: i think ima organise lockable cages webhosting first, frenchie :D
assbot: [BTCTC] [BASIC-MINING] 14 @ 0.41 = 5.74 BTC [+]
davout: mircea_popescu: where do i sign?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1978 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1979 BTC [+]
davout: being hit by the very thing you were discussing a couple of hours ago on #bitcoin-assets OH THE IRONY
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1979 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 12 @ 1.198 = 14.376 BTC [+]
mircea_popescu: i do think the idea to reaudit the entire thing leisurely is best.
davout: mircea_popescu: the idea of re-auditing ?
mircea_popescu: you know, take service down, check everything, no rush
davout: my intelligence is limited, but i do have enough to see when taking a step back is needed
assbot: [BTCTC] [S.DICE-PT] 5 @ 0.003071 = 0.0154 BTC [-]
MJR_: how much resemblance necessary?
jurov: but dunno how many topless models frequent irc.. maybe usagi will volunteer?
assbot: [BTCTC] [S.DICE-PT] 8 @ 0.00307 = 0.0246 BTC [-]
assbot: [BTCTC] [COGNITIVE] 1 @ 0.17603 BTC [-]
assbot: [BTCTC] [BTC-BOND] 6 @ 0.00981 = 0.0589 BTC [-]
assbot: [BTCTC] [BTC-BOND] 4 @ 0.0098 = 0.0392 BTC [-]
jurov: My burn rate is currently about $200,000 per month if I continue at this level
jurov: mpoe-pr should comment how much women if mp's burn rate
kakobrekla: it continiues into total retarded noobishness
kakobrekla: it it apropriate to say "tits or gtfo" ?
mircea_popescu: so this rpietila guy is trying to be me two years later basically ?
mircea_popescu: bitcoin_lady to read your private messages click on the tab
kakobrekla: mircea_popescu i think he is a liar ... saying he was 'around' first bubbl
kakobrekla: i mean the guy sent 13 btc to some other guy
kakobrekla: apparently was internal tx of easywallet
kakobrekla: i mean its that or he has two accounts
mircea_popescu: somebody drop a link to mpex's public addy, see what he says
Cylta: why people sell options above 1btc? looks like profit may not break the edge of 1btc per option.
Cylta: but by math, any calls that are sold for more, than 1 btc is just waiting of buyers money :P kind of math exam?
Chaang-Noi: kakobrekla that guy.. wtf was he thinking?
Chaang-Noi: you know he has a party or gathering or something in finland?
Chaang-Noi: he asked me to go, and then asked for btc :/
Chaang-Noi: i dont know, it goes up the longer i wait. but i guess there is hotel or something involved
Chaang-Noi: but there are no details that i can find
Chaang-Noi: im not going so i just sorta ignored it but then i saw this and was like wtf??
kakobrekla: well this is bitcoin, everyone and their sister is the biggest expert
jurov: yes, this is a dog.
Chaang-Noi: kako i cant tell if he is some silver hot shot invester who made money in the run up and now did well in btc in the last 4 months or is just a full scammer
Chaang-Noi: btw is he claiming to have 2.4k btc or 24k btc?
Chaang-Noi: no i did very well in silver and then i did very well in btc/ltc and asicminer
jurov: he's givind errythign in mbtc
Chaang-Noi: yeah buying at over 100 is not something id brag about
truffles: new money gets the stern look from everyone huh
Chaang-Noi: we are not even sure if he has money or is just a troll
Chaang-Noi: he tried to prove he had money by moving 13 btc and it never showed up on the block chain....
kakobrekla: strange he is not aware that he cant sign an addy
kakobrekla: sign something with priv key of an addy
Troic_: perhaps his web wallet, nm says it all
kakobrekla: you can sign from blockchain.info wallet
Chaang-Noi: who the fuck uses a web wallet? i understand maybe the troll had one but a guy with 24k or 2.4k lol
kakobrekla: "its time to make a change" cause you defo wont be "making a bank"
truffles: are your panties in a bunch about new money too?
deadweasel: i was just impressed that rolling stone changed their position. my panties are in the laundry.
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.198 = 2.396 BTC [+]
Cylta: Chaang-Noi: 1 btc = 1 000 000 nBTC
assbot: [BTCTC] [ASICMINER-PT] 3 @ 1.198 = 3.594 BTC [+]
mircea_popescu: you know he has a party or gathering or something in finland? <<< Ahahahah
Cylta: oh, no.. 1 btc = 1 000 mBTC = 1 000 000 uBTC = 1 000 000 000 nBTC
assbot: [BTCTC] [BASIC-MINING] 3 @ 0.400001 = 1.2 BTC [-]
mircea_popescu: so did he hear about my thing and is trying to copy retardedly
assbot: [BTCTC] [COG.F] 1 @ 2.3 BTC [-]
Chaang-Noi: i want to post in public is pm to me but i dont want to violate privacy issues
assbot: [BTCTC] [ASICMINER-PT] 3 @ 1.198 = 3.594 BTC [+]
assbot: [BTCTC] [S.DICE-PT] 44 @ 0.00307 = 0.1351 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 98 @ 0.00306 = 0.2999 BTC [-]
assbot: [BTCTC] [S.DICE-PT] 570 @ 0.00306 = 1.7442 BTC [-]
Chaang-Noi: he said he was going to make it public somewhere
assbot: [BTCTC] [S.DICE-PT] 130 @ 0.00301 = 0.3913 BTC [-]
assbot: [HAVELOCK] [VTX] 6 @ 0.4244 = 2.5464 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.1999 = 2.3998 BTC [+]
Chaang-Noi: it is a personal invite to his party, i dont think i should share it word for word
Chaang-Noi: it has info he said he would make public
truffles: post the stuff he said he would make public
Chaang-Noi: hey kako that thread is self moderated
Girlfawkesy: not much info was given, and I was curious
jcpham: what is #bitcoin-assets?
Troic_: its a virtual lobby for mp ?
Cylta: jcpham: temple of mircea_popescu =)
imsaguy: mircea_popescu: I was on a trip
mircea_popescu: Technologov__ its the place where bitcoin securities get discussed.
jcpham: these guys in otc are selling an ASIC startup
assbot: [MPEX:S.MPOE] 1D: 0.00067399 / 0.00069538 / 0.000703 (298127 shares, 207.31 BTC), 7D: 0.00064141 / 0.0006982 / 0.00073891 (2649171 shares, 1,849.67 BTC), 30D: 0.00059218 / 0.00068714 / 0.00073891 (10288649 shares, 7,069.75 BTC)
jcpham: telling people 200% returns
assbot: [MPEX:S.DICE] 1D: 0.00278789 / 0.00278789 / 0.00278789 (1309 shares, 3.65 BTC), 7D: 0.0023263 / 0.00295308 / 0.00349995 (32043 shares, 94.63 BTC), 30D: 0.0012 / 0.00317689 / 0.00448 (1524631 shares, 4,843.59 BTC)
assbot: [MPEX:S.BBET] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: / / ( shares, BTC), 30D: 0.00050015 / 0.00177875 / 0.00201395 (137670 shares, 244.88 BTC)
jcpham: i told 'em to come here!
imsaguy: I think asicminer needs a passthrough on mpex
jcpham: think asicminer needs to send me some blades
jcpham: so i can erupt some shit
Chaang-Noi: AM does not need it, mpex might need it
imsaguy: a passthrough for the passthroughs
jcpham: we could proxy all the proxies
Chaang-Noi: AM has all the funding they need, they dont need shit
Chaang-Noi: mp, friedcat will never sign a contract
imsaguy: mircea_popescu: AM needs to sign if its a passthrough?
imsaguy: mircea_popescu: can you read chinese?
imsaguy: those chinese won't sign anything unless its in chinese
ThickAsThieves: its a moot point, like Chaang says, they don't need anything
jcpham: forget about asicminer
mircea_popescu: i can't be stonewalled. he won't sign, he won't exist pretty much.
jcpham: get in on the ground floor of peachMining
imsaguy: jcpham, I'm goign to form my own asic company
jcpham: tell me more BTCOxygen
Technologov__: There is an opportunity to Invest in Avalon ASIC chips.
jcpham: -otc is a terrible place to sell the idea
imsaguy: Chaang-Noi, they've been promising for a while
imsaguy: they're starting to sound like bfl
Scrat: imsaguy: cant help but misread your nick as imsogay :'(
assbot: [HAVELOCK] [SDICE] 1 @ 0.29999997 BTC [+]
assbot: [HAVELOCK] [SDICE] 1 @ 0.29999998 BTC [+]
Chaang-Noi: they ahve the chips, they dont have the power
imsaguy: Scrat: it happens to those with a reading level below the american fourth grade
imsaguy: they're supposed to have like 12 TH
imsaguy: how are they going to add 50 more if they can't get teh original going?
Chaang-Noi: my point was, MP claim of them not existing if they are not on his eschagne is lulz
imsaguy: ThickAsThieves, most likely
jcpham: so 2.8TH/s for 3500BTC?
imsaguy: Chaang-Noi: he meant they won't exist on the exchange, derp
gribble: The expected generation output, at 28000000.0 Mhps, given difficulty of 8974296.01489, is 1569.07933912 BTC per day and 65.3783057965 BTC per hour.
Cylta: Can I create options? and do I have to keep a balance to cover them? (and what do I have to do with puts, because they may cost ~inf in case if price will go to 0)?
mircea_popescu: Cylta yes, you can create options. you need to cover them.
jcpham: ;;calc 3500*[ticker --avg]
gribble: Current Blocks: 233265 | Current Difficulty: 8974296.01488785 | Next Difficulty At Block: 233855 | Next Difficulty In: 590 blocks | Next Difficulty In About: 3 days, 6 hours, 40 minutes, and 0 seconds | Next Difficulty Estimate: 9964156.51421 | Estimated Percent Change: 11.02995
imsaguy: THey need content shareholders.
jcpham: what's the timeline until deployed BTCOxygen
imsaguy: Well, technically, they don't even need that.
imsaguy: At this point, asicminer has the shareholders by the balls.
Scrat: jcpham thats one zero too many
gribble: The expected generation output, at 2800000.0 Mhps, given difficulty of 8974296.01489, is 156.907933912 BTC per day and 6.53783057965 BTC per hour.
gribble: Error: "generate" is not a valid command.
gribble: The expected generation output, at 3000000.0 Mhps, given difficulty of 8974296.01489, is 168.115643477 BTC per day and 7.00481847819 BTC per hour.
jcpham: i'm betting we're way way over 20mil by july in diff
mircea_popescu: there's this crazy gbet about 10mn diff by end of month
jcpham: ;;genrate 3000000 20000000
gribble: The expected generation output, at 3000000.0 Mhps, given difficulty of 20000000.0, is 75.4359774646 BTC per day and 3.14316572769 BTC per hour.
imsaguy: mircea_popescu, which side are you on?
BTCOxygen: jcpham: Even if difficulty hit 35mil you are still safe.
jcpham: ;;calc 75*[ticker --avg]*30
imsaguy: anyone saying a 10x diff hike is nbd is crazy
jcpham: at 20 mil difficulty who is selling the $306k in coins you mine in july
BTCOxygen: imsaguy: So you are saying that the difficulty will not hit 100m ?
jcpham: ;;genrate 3000000 40000000
gribble: The expected generation output, at 3000000.0 Mhps, given difficulty of 40000000.0, is 37.7179887323 BTC per day and 1.57158286385 BTC per hour.
BTCOxygen: jcpham: Profits will be paid out to investors in Bitcoins.
jcpham: ;;calc 37*[ticker --avg]*30
imsaguy: I know difficuilty will hit much higher than that
jcpham: who sel the 150k in coins the new month at 40 mil
jcpham: it difficult for me to trust
jcpham: but you want btc upfront?
BTCOxygen: jcpham: Dividends will be paid in Bitcoins.
BTCOxygen: jcpham: Yes we need funding for the project.
imsaguy: This interview is going well.
jcpham: you should get used to saying "me John Q Whatever and my partner Steven X> whocares"
Scrat: BTCOxygen: are they chinese?
jcpham: it's half mil in BTC up front
imsaguy: Technologov__: mining pool software is prepackaged these days. it doesn't take rocket science to run it.
jcpham: it's a great idea but you'll need more of a following
BTCOxygen: imsaguy: Yeah it does not need rocket science, Also we built our custom poolserver, Plus we have paid users without troubles.
truffles: i dont like the name btcoxygen..
BTCOxygen: If anyone is interested please PM me.
jcpham: i'm not going to jump on the tread and be mean but like those guys are saying
jcpham: 3500 btc upfront and AT BEST you'll generate 150BTC/monthly
jcpham: and there are no rainbows here
Scrat: it is 150 btc daily
jcpham: u right my maths is so bad
Scrat: but that doesn't make it anymore viable
jcpham: where do i sign up? I have 1 btc to contrtibute
Scrat: as you said it's a lot of dough upfront
jcpham: i'd like one share please.
jborkl: You owe Topace 20 btc right?
jborkl: that you have not paid in how long
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.2 BTC [+]
KRS-1: wow price of btc looks higer for once on btc-e
assbot: [BTCTC] [PAJKA.BOND] 17 @ 0.09749 = 1.6573 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 1 @ 0.09749 BTC [-]
BTCOxygen: jborkl: I have been paing him from my profits.
truffles: oprah already has oxygen network though
mircea_popescu: "I think rpietila is very close to establishing cult of personality. What MP achieves with mental coercion, rpietila does using humour, and with ease."
MJR_: hmmm i think i am going to do an otc transaction
assbot: [BTCTC] [PAJKA.BOND] 46 @ 0.0975 = 4.485 BTC [+]
MJR_: anyone here know of a quick cash option?
jborkl: I feel dumb for reading part of that reptelia thread
jborkl: reminds me why I do not read the forum
cylta: MJR_: pirate? but unfortunately he temporarly suspended his project =)
BTCOxygen: cylta: FYI, He permenently suspended his project.
cylta: BTCOxygen: <\irony>
inhies: mircea_popescu: wat cat
jurov: yes a cat is there, zoom moar
inhies: not even in teh slightest bit
jurov: two cats at 10 o'clock
inhies: ˙ɹǝʇʇǝq ɥɔnɯ s,ʇɐɥʇ ˙ʍou ʇı ǝǝs ı 'ʞo ɥɐ :nɔsǝdod‾ɐǝɔɹıɯ
topace: [11:27:57] You owe Topace 20 btc right?
assbot: [HAVELOCK] [VTX] 5 @ 0.4244 = 2.122 BTC [-]
assbot: [HAVELOCK] [KCIM] 4 @ 1.21 = 4.84 BTC [-]
BTCOxygen: Technologov__: pirateat40 was a scammer.
BTCOxygen: Technologov__: Yeah because he ran away long ago.
BTCOxygen: Technologov__: He was paying a high interest rate to users who invested with him.
Technologov__: There is no risk-free interest above government bonds. Really.
BTCOxygen: Technologov__: FYI, He ran away with 100,000 Bitcoins.
Cylta: Technologov__: goverment bonds are not risk-free.
BTCOxygen: I don't want to do the math its painfull.
Technologov__: Cylta, why not ? gvmt can simply print money to return cash.
Cylta: Technologov__: ahhh, in this meaning... yes. but money can default (or start to huperinflate)
BTCOxygen: Technologov__: ^^^ Here is the math.
Technologov__: (only if they use someone else's money, like in Spain... those PIGS - pirtugal, italy, greece, spain)
Cylta: BTCOxygen: for such amount you should take 30d avg...
BTCOxygen: Also IIRC he converted bitcoins to USD as soon as he recieved them.
assbot: [MPEX] [S.DICE] 1791 @ 0.00278789 = 4.9931 BTC [-]
BTCOxygen: Technologov__: He recieved in small chunks with a total of 100,000 before he ran away.
mircea_popescu: not if you're in the wot. took him all of a day oir w./e
jcpham: Meanwhile, Butterfly Labs is nowhere near full production capacity. The company says that its systems will continue to trickle out, with another 75 to 150 shipping in the next few weeks.
jcpham: In the meantime, if you have an questions about the Butterfly Labs machine, send us an email.
Cylta: jcpham: i think I heared it somewhere already...
jcpham: if you think it's fake
Technologov__: BTCOxygen, and I have a fear about similar fate with Avalon ASICs
Technologov__: that's why I wanna wait until ppl will start receiving first batch units
Cylta: first batch of avalon already reached their customers, no?
Technologov__: More probably they will keep to themselves. (so their accepted BTC might be a scam)
jcpham: these guys at BFL are masters of hype
jcpham: i give them credit where it is due
mircea_popescu: jcpham its literally not that hard to do. get a journo dood to post nonsense ? 100 bux or w/e
BTCOxygen: Technologov__: There are 300 working units.
jcpham: but i mean like the company name is unassuming and disarming even "butterfly"
BTCOxygen: I know 5-6 people personally who recieved their Avalon.
jcpham: it's all smoke and mirrors
jcpham: but they have produced a product
Technologov__: 1st batch Avalons did *not* reach end-users (buyers).
jcpham: so i digress for now until it collapses
Technologov__: Show me 20 users, whom actually _received_ any ASICs.
jcpham: i know of 3 actual avalons
jcpham: and the owners and i've spoken with them
jcpham: my world is small though
BTCOxygen: Technologov__: I mean I know end-users.
BTCOxygen: There are 5 Avalons mining at my pool tho.
Technologov__: but the risk-reward is potentially so high, that it is worth the (limited) risk.
BTCOxygen: I think even imsaguy has an Avalon.
mircea_popescu: you telling me 5 avalons doesn't get you in the list ?
jcpham: 300GH/s barely gets blocks
BTCOxygen: Also they don't list blocks properly.
jcpham: how is 500 GH/s regular blocks?
mircea_popescu: seems there's one avalon there, and it does 80% or so of the pool ?
jcpham: 100-400GH/s was struggling to keep up a few months back
jcpham: from talking with pool ops
jcpham: be interesting to see how it paces now
Technologov__: If this graph would be flat, I would buy a GPU, and not believe into ASIC lore.
Technologov__: But due to huge spike, I believe, that ASICs actually exist.
MJR_: otc is too stressful
KRS-1: my friend has some of their fpga stuff
BTCOxygen: mircea_popescu: 1st is full Avalon.
jcpham: imsogay owns an avalon
BTCOxygen: Also there a many users posting about their Avalon on bitcointalk.
BTCOxygen: imsaguy: How many Avalon users do you know?
assbot: [BTCTC] [ASICMINER-PT] 4 @ 1.2 = 4.8 BTC [+]
imsaguy: mircea_popescu: that is quite impossible
jurov: you have been accues of having onw yourself
ezdiy: owning an asic is accusation now
jcpham: i tell lies on the internet for fun
jcpham: those numbers could be made up
BTCOxygen: Anyone who clains that there are no Avalons in the wild should read this whole thread.
ezdiy: jurov: i think the rational explanation would be: give impression you want to get asics "out there so people dont lose trust" but in fact keep it private for as long as possible :)
Technologov__: going from 20 to 80 GH/s (in a MONTH !!!) can not be done via GPU.
jcpham: cpu mining botnet probably Technologov__
jcpham: nah pool won't accept a share for shit
Technologov__: it is 100 times slower than GPU and 100,000 times slower than ASIC
Technologov__: CPU mining will cost you x100 more in electricity than Bitcoins you produce...
BTCOxygen: Technologov__: +100 for having that knowledge.
jcpham: i bet it's confusing talking to me.
jcpham: i believe asic exists. yes.
jurov: but really, i see it like either many asic users want to stay secret, or they are chinese not on btctalk
ezdiy: seeing is believing
jurov: or manufacturers mine themselves instead
jcpham: yeah the technology has made it like this
Technologov__: I would invest in ASIC company yes, but I dunno any.
jcpham: a device that makes thousands of bucks a day potentially is a security risk
ezdiy: jurov: even chinese guys reported selective vip treatment in regards to shipments from avalon
ezdiy: but title sounds interesting
error4733: saw that before !! some ppl make key with picture on flicker !!
jcpham: pretty dumb for a prison
ezdiy: maybe it was recruitment practice of mossad
jcpham: not sure a single master key falls under byzantine failover
ezdiy: you know, sieve through thousands of retarded criminals to find one smart enough
jcpham: perfect storm, a jeweler, a criminal, and a book
BTCOxygen: Technologov__: Oh I found a very interesting thread for you.
BTCOxygen: Here one user posted pictures of his Avalon.
BTCOxygen: Anyone who is not sure if Avalon will ship should read this thread from page 1 to 11.
truffles: "This bird has flown" such a boss
truffles: knew theyd ship em, not rich enough to buy em
Technologov__: because my $3000 Rig PC generates only 0.001 BTC per day.
Technologov__: and what ? I worked at Cisco Systems. There are *much* more cables there. I assure you.
truffles: knew ppl who just gushed over cisco systems..
benkay: ew gross owning your own data centers
benkay: great way to keep your sysadmin costs high
benkay: depends on how we code it
benkay: if we write it to minimize entropy, that would be cool
jcpham: You rated user diatonic on Mon Mar 11 14:26:46 2013, giving him a rating of 1, and supplied these additional notes: Attempted and pre-paid for 24 hour mining lease. Unforseeable circumstances changed our plans..
jcpham: my paste is just doing it's own thing today
Technologov__: truffles, what I'm trying to say, is that you can invest even without having Bitcoins. Just must buy them.
Technologov__: And as any start-up investments, it brings you a certain amount of risk-reward.
truffles: if i were a rich person id have no problems investing ofc, alas im not
Technologov__: come on... it is all about mind-set. Don't needs to be rich ^^
truffles: isnt that why i would invest though
gribble: BTCUSD ticker | Best bid: 137.02000, Best ask: 137.21000, Bid-ask spread: 0.19000, Last trade: 137.02000, 24 hour volume: 255394.07450224, 24 hour low: 120.08900, 24 hour high: 157.00000, 24 hour vwap: 135.59396
truffles: im not a potential investor sorry
Technologov__: so you don't need to waste time/lectricity/head-ache, customs bureaucracy and so forth
truffles: im here to discuss anything else if u wish
truffles: even local dominatrix's if u wish
Technologov__: mircea_popescu, no one is throwing money. Just taking risks.
Cylta: mircea_popescu: is it illigal to buy\sell mpex accounts?
jcpham: i love it when doms throw money at me
truffles: i love it when doms throw money at me >>> go on
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.18 BTC [-]
truffles: whats the fee supposed to cover cost wise?
benkay: truffles, how much does a seat on the NYSE cost?
benkay: and truffles, how is that related to their operating costs?
benkay: rhetorical questions. too much for you to afford, and it's not.
truffles: i guess one must pay for a seat ..
truffles: seeing that this is bitcoin i thought things would be a bit different
benkay: you encrypt orders with gpg
benkay: fly them to romania on a carrier pigeon
mircea_popescu: fucking unfair comparison of the century. i hate taxi medallions.
benkay: except that the bureaucrat doesn't own the medallion organization, the mob does
ezdiy: truffles: vipcoin is confusing, but otherwise legit
benkay: but i think we're making the same points.
benkay: and yet vipcoin doesn't break top page google
ezdiy: truffles: seek 1:40 for teenage girl
ezdiy: teenage is the important part
mircea_popescu: asciilifeform you're neglecting the entire geographical monopoly angle.
ezdiy: yet payola is the realm of criminal forums
mircea_popescu: asciilifeform i don't have a problem with rickshaws per se.
mircea_popescu: there's historically been small corps listed, it's not that.
ezdiy: thats what vip is about
ezdiy: teenage girls, database management and company lunches
mircea_popescu: asciilifeform there's easy access for someone even with 0.1 btc. there's pts, there's brokers.
assbot: [HAVELOCK] [VTX] 12 @ 0.4248 = 5.0976 BTC [+]
ezdiy: truffles: no soup for you
ezdiy: i think mircea_popescu plays the soupnazi part well
benkay: no no no, the role of taxi medallions is to reduce the number of taxis on the street
mircea_popescu: well... would you say seat on nyse = london cab medallion ?
truffles: truffles: no soup for you >> soup nazi!
benkay: mircea_popescu would be only too happy to have more traders on his exchange, he just doesn't want to deal with the riffraff. he wants others to aggregate riffraff orders and place them on MPEx.
benkay: at least I think that's what he wants. open to correction on that count.
mircea_popescu: asciilifeform well then everything's everything and wtf.
mircea_popescu: benkay there was some pretty good discussion with pgp on this, lemme d ig
benkay: thanks mircea_popescu, feel free to pm it over
truffles: wants more money and people to agree with whatever he says
benkay: asciilifeform what's the real name, then? medallions are a competition inhibitor, the exchange seat fee is just an "are you serious" check
benkay: it's not even that much money
ezdiy: asciilifeform: real names are bad for pr
ezdiy: orkaa: +1 for underage, -1 not naked
ezdiy: asciilifeform: thats how it works
orkaa: i saw this on tv some time ago, it's real :)
ezdiy: asciilifeform: in general its called vendor lock-in
truffles: orkaa add metzitzah b'peh and its complete
mircea_popescu: asciilifeform is there a way i can run a cab in london just for a day ?
mircea_popescu: maybe the disagreement is borne out of me not understanding taxi medallions too well.
mircea_popescu: afaik it's just this nonsense to keep people who would like to work off
benkay: most don't even buy the medallions
ezdiy: why people who dont understand basic market forces (if you have little competition, it makes sense to introduce artificial scarcity) want to trade on mpex?
ezdiy: mircea_popescu: occam is cutting his veins though :)
ezdiy: mircea_popescu: i'm not dismissing it, whatever the reason its totally legit
mircea_popescu: the problem with cheapo/clueless investors is that they follow trends
mircea_popescu: this induces huge volatility which then wrecks assets.
benkay: not all customers are good customers.
benkay: and when money is involved as a core part of the business, many of your customers will in fact be bad customers without quality control.
ezdiy: mircea_popescu: you do that at the cost of huge spreads though
ezdiy: as long people are content with those, well why not
ezdiy: your idea of rate limiting the market holds water
mircea_popescu: well the problem with the "as long as people are content" argument
mircea_popescu: people have this incredible ability to "be content" with anything. frog in boiling water experiment if you know it.
ezdiy: mircea_popescu: yup
mircea_popescu: asciilifeform it's a complicated web. no one has the competence, or the capital, or the reputation, or the connections, etc etc
jborkl: Mp, has a stellar reputation. Unless you beleive asshole trolls and other people that are poor
mircea_popescu: i think people grossly misrepresent what all is involved.
ezdiy: clouds can be cleared up only if youre open about it
ezdiy: heck even bitcoinica eventually became opensource :)
ezdiy: so people are ok w/ bitfinex because its obvious what theyre dealing with
ezdiy: black boxes give room to a lot of speculation
ezdiy: as well as affiliate marketing schemes for vipcoin
mircea_popescu: asciilifeform problem with your let's suppose is that it's nonsensical.
mircea_popescu: he'd open a 1000 btc one first, he'd partner with me 2nd.
mircea_popescu: "if the next trade happens a year or so from now i'll be very happy"
assbot: [HAVELOCK] [HIM] 2 @ 1.7051 = 3.4102 BTC [-]
ezdiy: it holds pretty well
mircea_popescu: asciilifeform im not sure what the incentive is exactly. you'd finance a clone rather than buy shares because ... ?
jborkl: Wait, I trust MP - so who is this you are proposing? Just some random asshole with a website?
mircea_popescu: s.dice competition never materialised EXACTLY because s.dice listed.
mircea_popescu: once that happened it's impossible to finance a clone anymore.
ezdiy: people really underestimate network effects
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.2 = 2.4 BTC [+]
jborkl: there is no one with enough sense and enough money currently
ezdiy: sdice, mtgox and mpex are examples of such
mircea_popescu: so srsly asciilifeform, let's say your reputation is enoug, and you have 10k btc to burn.
ezdiy: jborkl: competition eventually overcomes the network effect resistance
ezdiy: jborkl: inb4 bitvegas ipo
mircea_popescu: a. you buy s.mpoe shares b. you try and make a competitor.
ezdiy: mircea_popescu: how do i buy cola in kfc :)
ezdiy: what if bitvegas started kfc
ezdiy: and bundled their cola with it?
ezdiy: would it make sense to invest in mpex then?
ezdiy: mircea_popescu: :)
ezdiy: its easy to measure growth
ezdiy: where it is stalled and where it is not
jborkl: anyway, what time exactly do options expire MP? in UTC?
mircea_popescu: if you mean start a competitor with an angle, it all boils down to whether the angle a. actually helps you and b. is good enouigh to push you
ezdiy: mircea_popescu: copycats work perfectly good
ezdiy: be the underdog and wait for the uber dogs demise
ezdiy: lets see ... gblse?
mircea_popescu: ezdiy again people underestimate what goes on in the background.
ezdiy: truffles: not by market forces, but by something stupid
assbot: [MPEX] [S.MPOE] 7513 @ 0.00070108 = 5.2672 BTC [+]
ezdiy: asciilifeform: you're wasting your time, btw
mircea_popescu: so bill gates is making a mpex clone complete with pgp and everything.
mircea_popescu: +1000 points for me for being so cool. will any of the big people switch to him ? maybe so. maybe not.
mircea_popescu: i can probably exit to jpm for a billion at that point anyway.
ezdiy: mp stands, but might possibly fall, because mircea_popescu is uber consistent in everything
ezdiy: which also means you cant convince him by make believe arguments
ezdiy: asciilifeform: the general term is jerk irl :)
truffles: i think he'll last a while, he has minions
ezdiy: the bitch army is impressive
ezdiy: truffles: rpietila took it from the other end
ezdiy: mp first build something tangible, then the bitch army
ezdiy: rpietila is apparently starting with the bitch army and maybe turn out to be not elaborate troll and come up with something
mircea_popescu: ezdiy it's kinda funny to compare "pic of mp with people" vs "pic of foreveralone btctalk dud"
truffles: do u know he put mircea_popescu on ignore right after we were going to "debate" something he posted our comments on his blog then i refused to subscribe, right around the time he paid people to troll SomthingAwful forums
ezdiy: mircea_popescu: indeed :)
ezdiy: so much shame goat burned the cover
ezdiy: that thread was so full of gold
ezdiy: interesting phenomena
ezdiy: bitch armies, whiteknighting and all
ezdiy: because those are irrelevant
kakobrekla: Think of this as a book, or at least as a quality blog, to be enjoyed with quality wine and cigars in candle light.
ezdiy: important is only network effect
ezdiy: take mtgox, fe, everyone agrees their stuff is sub-par
ezdiy: no bitch army, everybody hates magicaltux's guts
ezdiy: yet its the biggest
ezdiy: kakobrekla: yup, thats how i understood it
ezdiy: i mean, the guy clearly stated to be not taken seriously
ezdiy: and then gives free advice of mid-range silver vendor
kakobrekla: imma gona print a shitload of qr codes
jcpham: i'll take pics of your qr codes and baby giraffe
assbot: [HAVELOCK] [VTX] 2 @ 0.4781 = 0.9562 BTC [+]
truffles: important is only network effect >> i dunno hypocrisy is annoying
ezdiy: truffles: what do you mean?
truffles: one set of behavior is okay for some people and diff rules apply for others
ezdiy: truffles: world is full of hypocrisy
truffles: to be feigned a bit in "polite society" id hope :)
ezdiy: well, there is that thing
truffles: i have no quality wine and cigars in candle light maybe i should stop reading
ezdiy: truffles: being a bitch means you strongly defend your cult figure while youre subject ot heir will
ezdiy: truffles: being polite just means not giving a crap about things you cant change
ezdiy: for example, opionons
ezdiy: mircea_popescu: from the pov of dictator, it is :)
ezdiy: subjects are always annyoing
truffles: i think those ppl have tunnel vision, they wont get it
ezdiy: they have their stupid feelings and such
mircea_popescu: i dunno what dictators you've been hanging out with...
truffles: although mp certainly wont if he's got me on ignore hehe
ezdiy: cognitive dissonance is to be cherished
ezdiy: but its uber annoying at the same time
ezdiy: truffles: i think mp is strongwilled enough to just feign ignore
ezdiy: curiosity and strong will results just not responding :)
truffles: im just annoyed we couldnt "debate" before the ignore ...
ezdiy: truffles: better come up with some plot
ezdiy: to ignite the nuclear war again
ezdiy: between soupnazi and kim jong un of finland
truffles: im focused on other times so its not a big deal
☟︎ ezdiy: its the new bitcoin supernode
ezdiy: mircea_popescu: i'm yuzhe, btw
ezdiy: "some douche", pfft
ezdiy: tell her shes fugly
ezdiy: kakobrekla: the circle would be complete!
SlipperySlope: mircea_popescu, can you say when the April MOPE statement will be published?
mircea_popescu: usually within a little of the last friday of the month ending
assbot: [HAVELOCK] [KCIM] 1 @ 1.21 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 10 @ 0.1 = 1 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.246999 BTC [+]
assbot: [HAVELOCK] [VTX] 13 @ 0.4649 = 6.0437 BTC [-]
assbot: [BTCTC] [PAJKA.BOND] 6 @ 0.101736 = 0.6104 BTC [+]
topace: incase anyone is curious, i solved the IP address leak from emails problem i was talking about yesterday
assbot: [HAVELOCK] [HIM] 1 @ 1.7899 BTC [+]
topace: the soluttion, is, essentially to run your own mailserver, on a separate ip (that will be revealed publicly) and have it strip the appropriate headers out of the messages as they fly thorugh
MJR_: ugh, otc is just such a scam fest
MJR_: its not worth the hassle
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.246999 = 2.494 BTC [+]
jcpham: he has the optional laser thermal vision
assbot: [HAVELOCK] [HIM] 2 @ 1.7051 = 3.4102 BTC [-]
MJR_: the coolest guys in Bitcoin Universe
jborkl: when we start talking about mB?
MJR_: so far he is the only one i've seen do that
kakobrekla: thats in the other room #bitcoin-massets
jborkl: or w\e it is- MPEX membership 30 milliion billion
kakobrekla: im reading reptilas posts and numbers but i still cant figure out is he rich or poor?
jborkl: too confusing for me, I think he has 2.4 Bitcoins
jcpham: HOLY SHIT that guys running a 1.5 Class Supernode!
jborkl: wtf does that even mean?
jcpham: if you haven't been paying attention
jborkl: I know what a class 1A Supernova is
jcpham: i know you want to be better than him but you can't
jborkl: but not a class 1.5 supernode
jborkl: so is a class 1.2 supernode better or a class 1.7?
jcpham: where did you find this
assbot: [MPEX] [S.MPOE] 9176 @ 0.00070108 = 6.4331 BTC [+]
assbot: [MPEX] [S.MPOE] 10775 @ 0.00070158 = 7.5595 BTC [+]
assbot: [MPEX] [S.MPOE] 7149 @ 0.00070497 = 5.0398 BTC [+]
jborkl: That made it worse, made no sense
jcpham: and he donated to the forum
jcpham: President etc. of Silvervault, Hopea.fi, EIH among others.
jcpham: seriously "among others" is vain
jcpham: i can pick apart a sentence
jborkl: badge of scammer, donated to forum
MJR_: badge of scammer among others
jborkl: Seeing $115 ever again seems unlikely to me.
jcpham: could just be cultural differences
gribble: There are currently 33575.454 bitcoins demanded at or over 115.0 USD, worth 4106373.85398 USD in total. | Data vintage: 0.0059 seconds
jcpham: yeah we're one trade from $115 at all times
lippoper: if you sell $4 million worht, it'll come up
jcpham: one trade that sets off the rest of them
gribble: A market order to sell 33575 bitcoins right now would net 4106321.6274 USD and would take the last price down to 115.0000 USD, resulting in an average price of 122.3030 USD/BTC. | Data vintage: 42.8787 seconds
jborkl: lets see if I have this correct
jcpham: then bitinstant gets ddosd
lippoper: then another exchange shuts down
jborkl: sell a little at MTGOX, ddos MTGOX, then use the trollbox on btce
jcpham: yeah 6 of us can make 115 happen
jcpham: if we put our heads together
jcpham: he doesn't understand yet
assbot: [HAVELOCK] [VTX] 6 @ 0.4549 = 2.7294 BTC [-]
jborkl: his class 1.5 superchoad does not rely on the network for price though..
jborkl: better upgrade to aa class 1.4 superchoad just to be sure
assbot: [HAVELOCK] [VTX] 3 @ 0.4499 = 1.3497 BTC [-]
jurov: am back, had another interesting btc-related discussion irl with a forex trader... so hard to explain how things work there
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.247 = 2.494 BTC [+]
jurov: he was like "you should haste, large players will come and make mp do their bidding"
jurov: when i explained my problems with mpex interface, why the development is so slow
jurov: btw, expect options on coinbr to be frozen on opex for a while
assbot: [MPEX] [S.MPOE] 2201 @ 0.00070497 = 1.5516 BTC [+]
assbot: [MPEX] [S.DICE] 7 @ 0.00299999 = 0.021 BTC [+]
mircea_popescu: my impression is the guy is a car salesman <<< lol that makes us 2
jurov: i will. but he's also webdesigner, willing to help me
mircea_popescu: i got "sorry, this tweet is too retarded for you to read. twitter does not allow very retarded tweets be read."
assbot: [BTCTC] [ASICMINER-PT] 2 @ 1.246 = 2.492 BTC [-]
mod6: Price pegs never work -- why is that not clear to people, especially Max!?
mircea_popescu: mod6 he's jealous that i pegged the bitcoin to the dollar at ~100
mircea_popescu: course the retards that follow him can't remember 15 days ago so it's all good.
mod6: I liked him better when he only mentioned Bitcoin once in a while.. when he got all "bitcoin jesus" on everyone I'm like, you're not helping, you're just pushing people into something they don't understand yet.
mod6: And now, price pegs for bitcoin???! Eff no. Bitcoin is the last bastion of economic freedom in the world.
jurov: besides, it was already pegged to $5 some 9-10 months ago. but then pirate vanished.
jurov: dunno if fed can do a better job than pirate
mod6: there isn't any reason that there should be a price peg for such a thing. And besides what would be the point of options on bitcoins if the price was pegged?
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1927 BTC [-]
mod6: i dont see the $5 level as a peg, it certainly wasn't stated anywhere, it was just suppression, and undervalued
kakobrekla: let me tell you, its the other way around
jurov: but it would be really fanny for bernanke to have to calm markets when gox lag happens
kakobrekla: when you want fiat there is none, but when you got too much they throw it in your face
jurov: btw, did oprah endorse btc already?
jurov: i heard she has serious whales in audience
assbot: [MPEX] [S.MPOE] 45199 @ 0.00070749 = 31.9778 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.21 BTC [+]
mod6: anyway, just had to come in here and vent a bit about this stuff.
mircea_popescu: btw, if anyone doesn't know Girlfawkesy, she's an actual girl. send her all your btc.
mod6: I mean, if anything, why not just peg like 1 satoshi to a certain unit of gold? Then it would have a sudo-peg via gold, correct?
jurov: did she qualify in topless?
ThickAsThieves: the peg idea is so moronic I bet we couldnt have come up with it if we were trying to be morons
kakobrekla: im wondering why is there no MaxCoin yet
mod6: ThickAsThieves: ok thank you. I was feeling pretty stupified for a few minutes there.
mod6: lol still working on spoon
gribble: Pegging (sexual practice) - Wikipedia, the free encyclopedia: ; Pegging - Wikipedia, the free encyclopedia: ; If You Want a More Thoughtful Boyfriend, Try Pegging Him - Jezebel:
Girlfawkesy: Actually, I was thinking about making a pegging set, but I dunno how thrilling that would be for you boys
jurov: mod6 satoshi's already practically pegged to some miliwatt or microwatt anyway
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.2466 BTC [+]
mod6: I like the idea of only supply/demand governing the price, btc needs natural price signals.
jurov: stfu ThickAsThieves with your imperial units
assbot: [BTCTC] [GSDPT] 1 @ 0.00281 BTC [+]
jurov: mp already presciently did the calculations on trilema
jurov: he'll prolly announce derivatives any moment
GirlfawkesyBTC: And MP, you were right, I forgot how much better a proper irc client is than the stupid webchat.
ThickAsThieves: [17:16] Use black vaginas and not asian vaginas <--- no one likes colored coins tho
ThickAsThieves: i tell my rackspace cloud manager to fix permissions on one folder and i get a wall of text about FACLs :(
mod6: (14:01) < jurov> hes just trolling << i guess this could be true.
mod6: people are so clueless about finance though, that you'd think that he'd try to stay more serious about the subject.
gribble: Error: "tcker" is not a valid command.
gribble: BTCUSD ticker | Best bid: 136.30001, Best ask: 136.60000, Bid-ask spread: 0.29999, Last trade: 136.60000, 24 hour volume: 168982.74808586, 24 hour low: 121.45164, 24 hour high: 149.87970, 24 hour vwap: 134.31450
gribble: Current Blocks: 233309 | Current Difficulty: 8974296.01488785 | Next Difficulty At Block: 233855 | Next Difficulty In: 546 blocks | Next Difficulty In About: 3 days, 2 hours, 52 minutes, and 48 seconds | Next Difficulty Estimate: 9981977.43545 | Estimated Percent Change: 11.22853
ThickAsThieves: mp, will options be a lil less timid to volatility next session?
mircea_popescu: actually pilot new model should be coming online soonish
jurov: like "what if 137 is the new 5?"
GirlfawkesyBTC: until the next major country to undergo economic collapse...
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.1925 BTC [-]
jurov: how can somalia further collapse?
jurov: oh at least slovakia can't collapse. cuz slovak banks all collapsed long ago, all we have are foreign subsidiaries
jurov: no stock market in bratislava, either
assbot: [HAVELOCK] [VTX] 4 @ 0.4257 = 1.7028 BTC [-]
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX]) -- Return pretty-printed mtgox ticker. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure that the three letter code you enter is a valid (1 more message)
assbot: [HAVELOCK:VTX] 1D: 0.40070002 / 0.4458272 / 0.48249899 (224 shares, 99.86529265 BTC), 7D: 0.36100100 / 0.45177942 / 0.49750000 (1178 shares, 532.19615862 BTC), 30D: 0.18000000 / 0.40389269 / 0.61488800 (6234 shares, 2517.86702390 BTC)
jurov: and MPBPT closed at 0.098 (nominal value is 0.1) and no bids anymore... quite chilling mkt anticipation
KRS1: slovakia is NOT somalia
jurov: krs1 is not scammer, just being anal
jurov: dunno, should i try to place 0.07 bid for mpbpt and cause panic?
assbot: [HAVELOCK] [VTX] 1 @ 0.4261 BTC [+]
jurov: mod6 thx had exactly that in mind...throwing it to -otc
jurov: should have thought about that mpbpt panic yesterday...i'm so slow recently
jurov: also vat report was due yesterday, fck that...
mod6: (14:44) < jurov> mod6 thx had exactly that in mind...throwing it to -otc << haha nice.
assbot: [HAVELOCK] [VTX] 1 @ 0.4599 BTC [+]
jurov: so, you can expect coinbr to get seized by slovak tax office over vat not due in time :/
jurov: ^ yea. socialist yurp stuff
jurov: i'm gonna have llc with external accounting, looking forward to it
jurov: then, blow & hookers
mod6: jurov: but coinbr will live on, just a different structure 'eh
jurov: you can't access it?
assbot: [HAVELOCK] [VTX] 4 @ 0.4499 = 1.7996 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 1.7051 BTC [-]
jurov: it's normal to be a bit late with tax declaration, no criminal stuff
jurov: plus i don't have anything to declare recently anyway
assbot: [HAVELOCK] [HIM] 3 @ 1.7997 = 5.3991 BTC [+]
mod6: well good deal. Sail strong Coinbr!
jurov: i should kick myself every time i'm thinking of such dangerous jokes