taub: Lucky Strike Red (10 packs x 20 cigarettes) 1 0.19264 BTC 0.19264 BTC
taub: they cawst me 200 eur instead of 20
assbot: [HAVELOCK] [NEOBEE] 160 @ 0.00177999 = 0.2848 BTC [-]
unbalanced: I think I've figured something out (or maybe read it here and boom, Inception)
unbalanced: The only valid thing to spend a deflationary currency on is something that will make you more money than holding it.
thestringpuller: you can spend profits over time as long as you mitigate the cash flow correctly
taub: deflation is fine, but obviously rapid one like this isn't really classic deflation
unbalanced: If it's the miner's only income they have to convert some to local currency to buy groceries and pay rent, electricity, sure.
unbalanced: (which allows them to continue earning a living)
unbalanced: But can we ever recommend that John Q Noob buy bitcoins to load on their phone to buy their daily coffee or smokes?
thestringpuller: unbalanced: no you can't, because that's not a good utility for it, and never was
unbalanced: I really want to help popularize Bitcoin here in Canada, but without encouraging everyone to get them because they're just awesome.
unbalanced: Not to buy a cup of coffee, although if I'm a coffee roaster, I may want to *accept* Bitcoin.
unbalanced: Collect it so I can send it to Ethiopia or Indonesia for more coffee.
thestringpuller: the idea use case would be: Person earns btc by doing some work
unbalanced: The good stuff, in big bags, without fees and middlemen.
thestringpuller: person spends some of those btc to you for a cup of coffee
unbalanced: I put up some propositions on bitbet...
unbalanced: BTCChina 30d BTC volume to exceed next 10 largest exchanges combined
unbalanced: Before April 1st 2014, Bitcoin will hit $2000 USD without dipping below $500
thestringpuller: would be to buy BTC and invest it in a good vehicle like MPBOR bonds on a good month
unbalanced: How do they know "a good month" in advance?
thestringpuller: the more volatile the currency is the more likely there is to be a loss on MPBOR
thestringpuller: if you're going to hold BTC and want to spend them, you need to have an income stream going into the btc economy
thestringpuller: or an income stream generated by the economy, however there isn't much worth investing in, I feel Havelock will go the way of BTCTCO soon
unbalanced: Exactly. Mining, or a useful web service, or BTC-denominated investments.
unbalanced: I have confidence in HI... just not in many of their listings.
unbalanced: I finally have some ideas for "services useful to people with Bitcoin in hand" so I'm working on those now.
unbalanced: Huh. The MPOE bonds on that spreadsheet have too much of a history of Taleb-flagged "blow ups" for my taste.
thestringpuller: yea, it's gonna take time unfortunately but it keeps use from experiencing what happened in 2011
unbalanced: To which disaster do you refer? I can't remember that far back although I'm sure I read about it.
unbalanced: Have to bolt, will read the log later on.
assbot: [MPEX] [S.MPOE] 18959 @ 0.00079422 = 15.0576 BTC [+] {3}
assbot: [HAVELOCK] [AM100] 139 @ 0.00303288 = 0.4216 BTC [+] {5}
assbot: [MPEX] [S.MPOE] 6472 @ 0.000798 = 5.1647 BTC [+] {2}
assbot: [HAVELOCK] [HMF] 11 @ 0.03199999 = 0.352 BTC [+]
assbot: [HAVELOCK] [AM1] 3 @ 0.311611 = 0.9348 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 3 @ 0.3116 = 0.9348 BTC [-]
assbot: [HAVELOCK] [AM100] 53 @ 0.00286776 = 0.152 BTC [-] {9}
assbot: [HAVELOCK] [NEOBEE] 1958 @ 0.00139643 = 2.7342 BTC [-] {16}
assbot: [HAVELOCK] [NEOBEE] 1241 @ 0.001346 = 1.6704 BTC [-] {2}
assbot: [HAVELOCK] [NEOBEE] 393 @ 0.00177979 = 0.6995 BTC [+] {2}
assbot: [HAVELOCK] [COG] 13 @ 0.05088461 = 0.6615 BTC [-] {4}
assbot: [HAVELOCK] [HIF] 2000 @ 0.00032 = 0.64 BTC [-] {3}
nubbins`: using coffee for bitcoin procurement
nubbins`: unbalanced: all this does is create a situation where people are reluctant to spend more than they have to
nubbins`: that's just being fiscally prudent :P
nubbins`: do i need to buy this coffee or should i save, all the while your electricity bill denominated in btc decreases each month
firstblockchain: next house - complete off-grid solar electric system purchased with BTC. - and a composting toilet too ;)
unbalanced: Was just watching The Amazing Race, they're in Bandung this episode
firstblockchain: Trying to find people with rentable / purchasable land in Costa Rica who are bitcoin friendly. Want to set up a few solar powered yurts, wire up with some good internet, plant some tubers and coffee and operate from there. Going to be a pain to ship my roaster there from indonesia though...
firstblockchain: just had some Arabica from Bandung. Some good stuff coming out of west Java now. It supposedly includes some of the old dutch strains that were originally planted way back when on the East Java plantations - the original "Java" coffee of Mocha Java fame.
unbalanced: Okay now I want to try Indonesian coffee. Will grab some at my usual stop for a change of pace.
unbalanced: nubbins, good point about Bitcoin making people properly frugal
unbalanced: Meanwhile the channel seems suspisciously quiet as if all the European reps are off for the day, on planes heading to pick up Black Friday deals in the US.
nubbins`: but i mean, i don't regret buying things with bitcoin just because the value has gone up
assbot: [HAVELOCK] [AM1] 2 @ 0.3294949 = 0.659 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 9900 @ 0.00079665 = 7.8868 BTC [-] {2}
nubbins`: by the time the majority of transactions take place with btc, the amounts changing hands will be miniscule
nubbins`: you just gotta grease the wheel to keep it moving until it can turn on its own
unbalanced: firstblockchain, that article is way better than what I was going to write. I was going to write about the theory, you're doing it. Well played.
firstblockchain: unbalanced - been a wild two months since I started it. I figured, let's just do it and see what happens. Mostly getting to meet people involved with BTC and learning about all the possibilities - and different angles
firstblockchain: Quite the extreme - say, all the Chinese fiat investors, startups concered only with Gov't regulations, etc.. I met at Bitcoin 2013 in Singapore a few weeks ago - and say, what's been going on HERE for apparently much,much longer
unbalanced: Just ordered me 200g of your Bali Kintamani Arabica Coffee
unbalanced: Take that, Silk Road! Legit international trade in addictive substances.
unbalanced: Oh, Bitpay is good: "this invoice has been overpaid"
unbalanced: Just send me 10, I'll spread them around.
firstblockchain: unbalanced - lol - just got a notice from bitpay about the overpayment. They won't let me accept it without opening a support ticket first. It says you can also request a refund.
firstblockchain: thestringpuller - if it needs cream or sugar, it ain't coffee
firstblockchain: unbalanced - your choice - happy to ship 10. I'll box them up and send them express EMS in that case. Appreciate the support either way!
unbalanced: I'll take 10. Do I need to sign off on the ticket?
firstblockchain: Unbalanced Nice - thanks. I'll send in the requested support ticket. I assume they'll touch base with you to confirm that's what you wanted.
firstblockchain: Meanwhile - I'll fire up the roaster. Just got the latest green beans from the Bali Kintamani farms up the mountain here at the pad - roasted and cupped samples yesterday. I think you'll like these.
unbalanced: I envy your Tim Ferris lifestyle but now I don't have to envy your coffee.
unbalanced: nubbins, PM me your shop address and I'll send some your way, if you aren't washed away in the footage I saw on the Weather Network today
unbalanced: If not, I understand... but you post pics of yourself and your gold coins dude...
unbalanced: You might as well try Indonesian coffee from strangers. Live a little before someone shows up and stabs you for your coins.
firstblockchain: unbalaned - thanks again. Just contacted support - I'll keep an eye out for confirmation. Let me know if any issue arises on your end. Cheers!
unbalanced: nubbins, I'm just projecting my paranoia about even coming out and disclosing that I use bitcoin.
unbalanced: I'm more used to lurking and reading but I think the senate hearings and Chinese adoption have gone to my head this week.
unbalanced: Exciting times. Anyway, I'll shaddup, catch you all later!
assbot: [MPEX] [S.MPOE] 42600 @ 0.00079824 = 34.005 BTC [+] {4}
dub: laotian coffee is supposed to be the best
dub: but thats probably just circlejerkary
dub: firstblockchain: what do you know about rabies
firstblockchain: dub - if the dog's head is facing you, but his eyes are blank and the tail ain't moving, back the funk up
dub: got bitten by a monkey in that fucking monkey forest tourist scam
firstblockchain: <dub> I live close by. Seen plenty of people bit by those little shits.
dub: locals say they are clean but im sceptical and rabies is fucking scary shit
firstblockchain: The monkeys know you if you walk through all the time - don't harass you.
dub: docters back home had to call the CDC equiv, test was basically, 'is the patient trying to eat you? yes/no'
firstblockchain: Nah, tons of dogs with it here. They have to cull all the time because of all the rabid strays.
firstblockchain: Locals think the dogs are their reincarnated relatives, so they it is difficult to take care of all the strays.
dub: some odd customs over there for sure, saw a couple fo funerals type parties up close
firstblockchain: wild, right? last one in our village was a creamation for over 100 bodies. They have to save up for the cremeations, so the bodies rest in shallow graves for up to four years until the big "group creamation" is ready to go. Then they parade the corpses through town to the funeral pyre.
firstblockchain: they are wrapped in cloth, and there's a ton of incense burning, but still on a 90+ degree day, it is one stinky parade
firstblockchain: still, not as bad as Sulawesi, Indonesia. There, the person isn't considered "dead" until the cremation has happened. So, until they can save enough money for a proper cremation ceremony, the corpse stays in the house with the family. They dress it every day and sit it in a chair in the family room. And put it back in bed at night.
dub: yah a buddy filmed on of those in ubud
dub: the cremation parade that is
firstblockchain: strong incense is an in-demand product throughout Indonesia
assbot: [HAVELOCK] [AM1] 4 @ 0.3288675 = 1.3155 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 14200 @ 0.0007987 = 11.3415 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 6900 @ 0.00079813 = 5.5071 BTC [-]
assbot: [HAVELOCK] [AM100] 35 @ 0.00295058 = 0.1033 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 4100 @ 0.00079873 = 3.2748 BTC [+]
assbot: [MPEX] [S.MPOE] 9600 @ 0.00079878 = 7.6683 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 500 @ 0.00161999 = 0.81 BTC [-]
assbot: [MPEX] [S.MPOE] 5200 @ 0.00079813 = 4.1503 BTC [-]
assbot: [HAVELOCK] [AM1] 4 @ 0.32899974 = 1.316 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 15750 @ 0.00079769 = 12.5636 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 8 @ 0.329 = 2.632 BTC [+]
assbot: [HAVELOCK] [AM1] 37 @ 0.32919459 = 12.1802 BTC [+] {4}
assbot: [HAVELOCK] [AM100] 73 @ 0.00295001 = 0.2154 BTC [-]
assbot: [HAVELOCK] [AM1] 8 @ 0.3293 = 2.6344 BTC [+]
assbot: [HAVELOCK] [AM1] 20 @ 0.3294 = 6.588 BTC [+]
assbot: [HAVELOCK] [AM1] 10 @ 0.32979999 = 3.298 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 183 @ 0.00161999 = 0.2965 BTC [-]
assbot: [MPEX] [S.MPOE] 12150 @ 0.0007984 = 9.7006 BTC [+]
assbot: [HAVELOCK] [AM1] 5 @ 0.33 = 1.65 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 133 @ 0.00293312 = 0.3901 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 188 @ 0.0029 = 0.5452 BTC [-] {3}
assbot: [HAVELOCK] [AM100] 43 @ 0.0028841 = 0.124 BTC [-]
assbot: [HAVELOCK] [AM1] 10 @ 0.34389998 = 3.439 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 6600 @ 0.00079852 = 5.2702 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 18474 @ 0.00079404 = 14.6691 BTC [-] {2}
assbot: [HAVELOCK] [NEOBEE] 196 @ 0.00161999 = 0.3175 BTC [-]
KRS1: BBQ Coin crashing in Somalia!
assbot: [HAVELOCK] [HMF] 4 @ 0.03192249 = 0.1277 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.35 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.3495 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.341 BTC [-]
gribble: 1 XAU = 1250.900000000000 USD = 1.11389136242 BTC
assbot: [HAVELOCK] [AM1] 1 @ 0.3405 BTC [-]
truffles: wonder why cads signs in to all the chat rooms but says nothing
BingoBoingo: truffles: It's how IRC usually gets used. You mostly afk, then scroll up to see what happened in the conversation.
truffles: he seems like talker so i just wondered..
assbot: [MPEX] [S.MPOE] 2350 @ 0.00079852 = 1.8765 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.3288 = 0.6576 BTC [-]
assbot: [HAVELOCK] [HIF] 1500 @ 0.00032 = 0.48 BTC [-] {3}
assbot: [HAVELOCK] [HIF] 503 @ 0.00031745 = 0.1597 BTC [-] {2}
assbot: [HAVELOCK] [COG] 21 @ 0.07119523 = 1.4951 BTC [+] {3}
assbot: [HAVELOCK] [COG] 24 @ 0.07316667 = 1.756 BTC [+] {3}
assbot: [HAVELOCK] [AM100] 39 @ 0.00307999 = 0.1201 BTC [-]
assbot: [MPEX] [S.MPOE] 14425 @ 0.00079692 = 11.4956 BTC [-]
assbot: [MPEX] [S.MPOE] 8459 @ 0.00079852 = 6.7547 BTC [+]
ozbot: State/Territory Totals, as Reported by Recipients
mircea_popescu: this kicks ass. funds awarded, 3bn. funds disbursed, 3bn. jobs created ? 600
assbot: [MPEX] [S.MPOE] 9318 @ 0.00079312 = 7.3903 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.3288 BTC [-]
firstblockchain: Click "report fraud, waste and abuse" button, submit "whitehouse.gov"
assbot: [HAVELOCK] [AM1] 1 @ 0.34 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.34 BTC [+]
assbot: [HAVELOCK] [AM1] 3 @ 0.34 = 1.02 BTC [+]
davout: ;;later tell mircea_popescu thanks!
assbot: [MPEX] [S.MPOE] 4582 @ 0.00079221 = 3.6299 BTC [-]
assbot: [HAVELOCK] [AM100] 36 @ 0.0030896 = 0.1112 BTC [+] {3}
assbot: [HAVELOCK] [AM100] 285 @ 0.00323553 = 0.9221 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 5468 @ 0.00079802 = 4.3636 BTC [+]
assbot: [MPEX] [S.MPOE] 17500 @ 0.00079117 = 13.8455 BTC [-]
assbot: [MPEX] [S.MPOE] 6700 @ 0.00079117 = 5.3008 BTC [-]
gribble: MtGox BTCUSD ticker | Best bid: 1177.0001, Best ask: 1179.79998, Bid-ask spread: 2.79988, Last trade: 1179.8, 24 hour volume: 52851.65224718, 24 hour low: 1050.0, 24 hour high: 1242.0, 24 hour vwap: 1161.05877
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Mtgox. 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 the (1 more message)
gribble: Coinbase BTCUSD ticker | Best bid: 1068.12, Best ask: 1095.77, Bid-ask spread: 27.65000, Last trade: 1080.54, 24 hour volume: None, 24 hour low: None, 24 hour high: None, 24 hour vwap: None
assbot: [HAVELOCK] [NEOBEE] 787 @ 0.00169158 = 1.3313 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 115 @ 0.0016998 = 0.1955 BTC [+] {4}
assbot: [HAVELOCK] [NEOBEE] 98 @ 0.00169999 = 0.1666 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 2500 @ 0.00169999 = 4.25 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 124 @ 0.0017 = 0.2108 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 3077 @ 0.00178368 = 5.4884 BTC [+] {11}
assbot: [MPEX] [S.MPOE] 7382 @ 0.00079533 = 5.8711 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.34479997 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 649 @ 0.00165 = 1.0709 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEE] 993 @ 0.00179106 = 1.7785 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 4750 @ 0.0007978 = 3.7896 BTC [+]
assbot: [HAVELOCK] [AM100] 1175 @ 0.00331477 = 3.8949 BTC [+] {11}
assbot: [MPEX] [S.MPOE] 7800 @ 0.00079898 = 6.232 BTC [+] {2}
nubbins`: ah! there's been a couple of nibbles on my auction for a redeemed casascius coin.
ozbot: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
assbot: [HAVELOCK] [HIF] 408 @ 0.00031102 = 0.1269 BTC [-] {2}
jurov`: dats not him. i met him irl
kakobrekla: >Erik obviously wants to keep his privacy.
jurov`: ^this. that's why i find it soo funny
ThickAsThieves: yknow who's pretty sharp that i didnt used to pay any mind, Crumbs
gribble: evoorhees was last seen in #bitcoin-assets 19 weeks, 1 day, 14 hours, 42 minutes, and 38 seconds ago: <evoorhees> I need to go for now, on later
jurov`: but he lurks as GuestXXXX usually
jurov`: what, that trophy gf left him? or got bored?
jurov`: i know, just trying to get gossip going
davout: did someone say gossip?
nubbins`: well, technically still six. but y'know
pankkake: could snowflakes be used as proof of work?
ozbot: Flickr: ChaoticMind75's Photostream
ozbot: [Mpex.co] The biggest scam in bitcoin history?
pankkake: yes the video is very good. can't find any flaw
nubbins`: Dr Greg uses words that I don't understand
pankkake: me neither. so he must be right
ThickAsThieves: Dr. Greg is basically saying that someone could clean MP out
pankkake: well the prior posts are not worth even reading
nubbins`: you guys got your money's worth :D
ozbot: NFC Ring - Safe, Simple, Secure. || NFC Ring - One smart ring, unlimited possibilities || Bitcoin Pr
pankkake: I've ordered one (through kickstarter, though they also were open on a bitcoin one)
pankkake: the stealth bomber looks better than the classic… but I don't even have a use for the first one :p
nubbins`: not a fan of the woven carbon look
nubbins`: ...and i literally have no use for NFC
nubbins`: but still! these are really cool.
pankkake: the guy likes bitcoin though. perhaps we'll see more stuff from him in the future
nubbins`: it's all a bit light on detail
pankkake: when I chose mine the other options were not very good looking either
nubbins`: not sure about ordering a ring online, too :P
pankkake: it's not very expensive anyway
nubbins`: i tried on like fifteen different ones before i found one that (a) i liked and (b) fit well
assbot: [HAVELOCK] [HIF] 1583 @ 0.00031044 = 0.4914 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 4000 @ 0.00079942 = 3.1977 BTC [+]
KRS1: Max Keiser@maxkeiser 28 Nov Somebody out there should start a 'keisercoin' I'm pretty sure it would go from $0 to $100 mn. pretty quickly
KRS1: What a fool..obviously thinks too highly of himself.
KRS1: He must have a staff of people scraping the internet daily to see what people are saying about him.
nubbins`: "Everybody out there should suck my dick"
nubbins`: "Well, make it about coins or something"
nubbins`: maybe i'm just jealous tho, because nobody would buy nubcoins
assbot: [MPEX] [S.MPOE] 4618 @ 0.00079942 = 3.6917 BTC [+]
assbot: [MPEX] [S.MPOE] 4100 @ 0.00079902 = 3.276 BTC [-]
ozbot: Bharat Operating System Solutions - Wikipedia, the free encyclopedia
nubbins`: "The latest desktop version of BOSS GNU/Linux is fully localised to eighteen Indian languages."
nubbins`: the spread of language is a fascinating topic
assbot: [HAVELOCK] [AM1] 1 @ 0.335 BTC [-]
assbot: [HAVELOCK] [COG] 2 @ 0.095 = 0.19 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 500 @ 0.00179 = 0.895 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 532 @ 0.00179999 = 0.9576 BTC [+] {2}
assbot: [HAVELOCK] [HMF] 5 @ 0.029 = 0.145 BTC [-]
assbot: [HAVELOCK] [HIF] 2917 @ 0.00035149 = 1.0253 BTC [+] {6}
assbot: [HAVELOCK] [HIF] 3065 @ 0.00038773 = 1.1884 BTC [+] {4}
assbot: [HAVELOCK] [NEOBEE] 66 @ 0.0018165 = 0.1199 BTC [-] {3}
assbot: [HAVELOCK] [HMF] 5 @ 0.0293 = 0.1465 BTC [+] {2}
KRS1: do you guys know anything about mastercoin
assbot: [MPEX] [S.MPOE] 6700 @ 0.00079985 = 5.359 BTC [+] {2}
ozbot: Revisiting the topic of “economic injustice”, with examples pe Trilema - Un blog de Mircea Popes
mircea_popescu: KRS1 iirc it's some attempt to do something very similar to colored coins while claiming a different name for the thing, and some snappy website.
mircea_popescu: basically as best anyone can determine the body of shills that were trying to push ripple half a year back and got trampled underfoot have mooved on to this thing.
assbot: [HAVELOCK] [CFIG] 4 @ 0.08187011 = 0.3275 BTC [-] {2}
mircea_popescu: too early to say that it's stupid, if it actually is. so far, we just don't know why anyone should care.
assbot: [HAVELOCK] [COG] 8 @ 0.06505001 = 0.5204 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 17800 @ 0.00079996 = 14.2393 BTC [+] {2}
gribble: MtGox BTCUSD ticker | Best bid: 1166.30003, Best ask: 1168.69998, Bid-ask spread: 2.39995, Last trade: 1166.30001, 24 hour volume: 48299.58455324, 24 hour low: 1050.0, 24 hour high: 1242.0, 24 hour vwap: 1157.40475
assbot: [MPEX] [S.MPOE] 12089 @ 0.00080004 = 9.6717 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5102 @ 0.00080062 = 4.0848 BTC [+] {2}
thestringpuller: "What's the difference between a topless girl and a computer?"
assbot: [HAVELOCK] [COG] 3 @ 0.07899999 = 0.237 BTC [+]
dexX7: are bitcoin tx slow at the moment?
gribble: Time since last block: 3 minutes and 9 seconds
dexX7: looks like the size of the recent blocks reached the soft? limit again
dexX7: this wouldn't have an impact on tslb i think
mircea_popescu: which is how this thing is supposed to work, bid for tx space.
thestringpuller: dude why are there so many magic numbers in the bitcoin source code
mircea_popescu: thestringpuller that's what everyone says, "holy shit, i had no idea it is this bad"
dexX7: all last 7 were at 250 + 1 (eligius) at 500
thestringpuller: bandwidth should increas 30% so we'll just put float 0.3 here
mircea_popescu: literally all the articles that come up for that query discuss the bitcoin tardteam.
bloctoc: KRS1 - I suppose I fit the definition of one of the shills who was pumping Ripple last year and is on to mastercoin this year. I moved all my ripples to mastercoin last night. Why? I'm convinced that Enron got gutted instead of highly leveraged company x because they pretty much gave the finger to the rest of the trading community at every opportunity. I see Ripple (commercial version) guys having done the same thing to the
bloctoc: bitcoin community. I don't know what the alternatives are with colored coins, but I really like the idea of reversible transactions using mastercoin.
bloctoc: I have enough bitcoins sitting on my laptop that I fear theft.
bloctoc: …and I can't seem to build trust to trade in bitcoin-otc I'm hoping that reversible transactions helps there too.
mircea_popescu: but i fail to see the logic, if you don't like the bitcoin in bitcoin why not just sell them for fiat or rubber tyres or w./e that better suits your needs.
bloctoc: I traded bitcoin for mastercoin because I want to try out a p2p passthrough for mpex.co
bloctoc: if colored coins is better for that, then I'm all ears. I'm not dogmatic.
mircea_popescu: i'm not dogmatic either, contrary to what you may have heard :)
mircea_popescu: now, that i do it with a 200kgf vice and an acetylene blowtorch... well.. just a matter of style.
bloctoc: I don't want to load this channel up with alt coin discussions, but there are other functionalities that need to go p2p to take care of things like profitable mining companies that lose their centralized exchange.
pankkake: mastercoin: "Peer to Peer Exchange, User Currencies, Savings Wallets, Smart Property, and Future Event Contacts"
pankkake: besides the misspelling "contacts", I'm not sure what's the point of a blockchain
pankkake: for OTC trading I've even made *throwable* contracts; when it's done no need to keep it
pankkake: however perhaps a web of trust on the blockchain could be useful
mircea_popescu: yeah. i agree pankkake, i can't discern any point where this diverges from bitcoin differently than simple ignorance.
pankkake: "user currencies" is actually a good idea, but it's decentralized (except its trading between users); you'd have an issuer
pankkake: makes a better Ripple in any case
mircea_popescu: everyone : there's a new ipmi exploit, it's perfectly capable to root your box.
mircea_popescu: if your ipmi interface is exposed ot the public internet you're at risk
pankkake: I've seen that, scary… pretty sure my server in a datacenter has ipmi, I don't know how filtered it is
pankkake: but hardware with those fancy web interfaces is such a bad idea
pankkake: there's been many router hacks etc
mircea_popescu: at least the router you can configure to only be accessible from the in side.
pankkake: usually. there's been examples in the wild of the contrary
pankkake: and then there's the default passwords
assbot: [MPEX] [S.MPOE] 4550 @ 0.00080077 = 3.6435 BTC [+]
mircea_popescu: Adobe Flash Player 11.2 will be the last version to target Linux as a supported platform
assbot: [HAVELOCK] [CFIG] 20 @ 0.06555999 = 1.3112 BTC [-] {11}
mod6: Thx for the update on ipmi.
pankkake: wasn't that known already, the flash thing?
pankkake: doesn't really mean the end of flash… just that they won't port newer versions
pankkake: also there's this thing with Chrome, a bundled Flash, not using the NPAPI
assbot: [MPEX] [S.MPOE] 12050 @ 0.00080077 = 9.6493 BTC [+]
ThickAsThieves: so frustrated right now, fancy new audio pc has no firewire port...
nubbins`: harder and harder to find these days
assbot: [MPEX] [S.MPOE] 7345 @ 0.0008004 = 5.8789 BTC [-] {2}
ThickAsThieves: last i check a majority of audio peeps use firewire sound cards
pankkake: no I mean, PCI cards providing Firewire ports
pankkake: "I ain't instructing your bulbously barren head" lol… and here I was waiting for an actual discussion
nubbins`: lots of people just get a USB interface with a bunch of audio ports too
nubbins`: you can get some nice multitrack boards these days for not too much $$
ThickAsThieves: its the same card from my previous sys, a MOTU 828mkii
ThickAsThieves: tested to convert audio as well as some very expensive stuff from today
mircea_popescu: "how one never enters naked options positions, while simultaneously never hedging options positions"
mircea_popescu: aka, "how does one not steal clothes while also not returning them"
mircea_popescu: forum muppets never heard of this mystical concept of, you know... like having money ?
ThickAsThieves: yeah but he's worried you'll lose all your money and then some
mod6: they give phd's to anyone these days.
mircea_popescu: ThickAsThieves because if a bunch of redditards didn't do a lot of worrying, the ozone layer would still be there
ozbot: Mastercoin is a joke : Bitcoin
mircea_popescu: o oops sorry my bad, the HOLE i meant. the ozone layer is fine. it was saved.
ThickAsThieves: "Mastercoin crossed $1,000,000 USD worth of MSC in trading volume in a 24 hours period" (citing /u/DJohnston)
mircea_popescu: "First things first, I am a Genderfluid, meaning I consider myself both male and female, but I am a biological woman. I am in tune with myself and I am a Black Beta Wolf."
pankkake: well, do you know about the "otherkin" stuff?
mircea_popescu: people with subclinical mental issues trying to make their insanity socially acceptable ?
pankkake: "I think I'm a penguin, so I am a penguin", basically
assbot: [HAVELOCK] [CFIG] 4 @ 0.060008 = 0.24 BTC [-] {3}
mircea_popescu: i am black napoleon, i discovered america in indonesia.
assbot: [HAVELOCK] [CFIG] 8 @ 0.03464114 = 0.2771 BTC [-] {8}
assbot: [HAVELOCK] [HIF] 2000 @ 0.00030507 = 0.6101 BTC [-] {4}
pankkake: beta wolf could describe personality, but don't see why black
assbot: [HAVELOCK] [AM1] 12 @ 0.32003145 = 3.8404 BTC [-] {5}
pankkake: "In some species of birds, males pair up in twos when courting, the beta male aiding the alpha male."
pankkake: BFL would be more than 2 months late. well, why not
pankkake: I would think they would fail less hard this time
mircea_popescu: count yourself lucky if they deliver a box of fans by the 4th of july
pankkake: past performance does not predict the future!
pankkake: though a history of failure often does
ThickAsThieves: ' The film tells the rags-to-riches-to-rags story of a young man with a dream. 17-year-old busboy Eddie Adams (Mark Wahlberg) believes that "everyone is blessed with one special gift." In Eddie's case, the gift is a 13" penis and boundless sexual energy. '
drmandude: does the name brak mean anything to any of you? I got .10 in btc with no information other than "brak" thought i might have won a bet.
drmandude: who would send me .10 btc with no reason
mircea_popescu: i had seen it once before, 10ish years ago. it sucked then, it still sucks
assbot: [HAVELOCK] [COG] 5 @ 0.06999999 = 0.35 BTC [-] {3}
mircea_popescu: ok, i think I found the oldest written argument against the state and for decentralisation.
mircea_popescu: but in general the greeks were quite decentralised, to the degree plato
mircea_popescu: 's leviathanesque ideas struck as edgy rather than stupid
thestringpuller: interesting. I wonder where the first argument for the behemoth of centralized government came from
assbot: [HAVELOCK] [CFIG] 72 @ 0.08900819 = 6.4086 BTC [+] {12}
jurov`: plato had some stuff about ideal state, no? but he prolly did not meant centralisation
mircea_popescu: jurov` he did so mean centralisation. plato's idea of the republic informs both mussolini's "all in the party and nothing outside the party" as well as mao's cultural revolution.
mircea_popescu: they're both very naive, yet very pure and very faithful platonisms,
mircea_popescu: much in the way plato's own nonsense ended up with socrate dead.
Venat: this dude has a puzzle and charges for questions he will answer with yes or no
assbot: [HAVELOCK] [NEOBEE] 1500 @ 0.00155541 = 2.3331 BTC [+] {7}
assbot: [HAVELOCK] [NEOBEE] 1000 @ 0.001551 = 1.551 BTC [-] {3}
mircea_popescu: this on the surface seems to be exactly wrong : the sorts of people liable to send btc over to "profit" in such a scheme would be the exact ones not inclined to sit down and try and figure out anything.
assbot: [HAVELOCK] [NEOBEE] 616 @ 0.00155064 = 0.9552 BTC [-] {7}
assbot: [HAVELOCK] [NEOBEE] 99 @ 0.00152235 = 0.1507 BTC [-] {5}
assbot: [HAVELOCK] [NEOBEE] 98 @ 0.0015 = 0.147 BTC [-] {2}
dexX7: "Every question is a transaction with BTC and a 'signed message(=question)' to the pot-adress." ... signed msg to the pot-address? how does that work?
nubbins`: i guess he just means put it in the note field
assbot: [MPEX] [S.MPOE] 8166 @ 0.00079842 = 6.5199 BTC [-] {2}
dexX7: so where can i find such a mixer?
assbot: [MPEX] [S.MPOE] 2975 @ 0.0007976 = 2.3729 BTC [-]
mircea_popescu: dexX7 you mean tag txs ? blockchain wallet apparently does it
mircea_popescu: otherwise you can introduce arbitrary data in your tx, which peopel don't like because it bloats the chain
mircea_popescu: (blockchain uses a hash mechanism to mostly avoid this problem)
nubbins`: there's a limit of i think 256 chars
mircea_popescu: nubbins` no there isn't, people have put child porn in there.
dexX7: i know about the blockchain.info note.. i was just wondering about how he phrased the sentence
dexX7: and then i was curious about the coin mixing
dexX7: but saw just that blockchain.info has a mixer included now
nubbins`: it's had a "shared send" thing for a while now, iirc
assbot: [MPEX] [S.MPOE] 4900 @ 0.0007976 = 3.9082 BTC [-]
BingoBoingo: "Looking like the 'August 2012' bubble" <- Does the poster mean that time Pirateat40 dumped a bunch of coins for fiat and depressed the exchange rate for months?
mircea_popescu: you mean the time pirate guy tried to depress the exhcnage rate and failed miserably within an afternoon ?
BingoBoingo: Were they the same time? I need to go back and check on that.
assbot: [MPEX] [S.MPOE] 13413 @ 0.00079976 = 10.7272 BTC [+] {2}
pankkake: actually, php-cgi, so likely not apache
pankkake: (apache users are often with mod_php)
assbot: [MPEX] [S.MPOE] 7700 @ 0.00080094 = 6.1672 BTC [+]
pankkake: php-cgi is fastcgi too. but on a router it might make sense to have cgi; less memory usage when the web interface is not used
mircea_popescu: pankkake well the entire "we put lamp in there" thing i could see maybe
assbot: [MPEX] [S.MPOE] 9600 @ 0.00079652 = 7.6466 BTC [-] {3}
mircea_popescu: basically this is a "bfl will fail to deliver by march" wioth some irrelevant crap tacked on
jurov`: interesting, all BitcoinSARL's stuff is unreachable except bitcoinbourse.eu
benkay: ;;ticker --market bitstamp
gribble: Bitstamp BTCUSD ticker | Best bid: 1128.51, Best ask: 1129.0, Bid-ask spread: 0.49000, Last trade: 1129.0, 24 hour volume: 21860.41608710, 24 hour low: 988.22, 24 hour high: 1129.0, 24 hour vwap: 1048.35502421
benkay: ;;ticker --currency xau
gribble: MtGox BTCXAU ticker | Best bid: 0.972824, Best ask: 0.975199936, Bid-ask spread: 0.00238, Last trade: 0.97176, 24 hour volume: 49622.81261394, 24 hour low: 0.84, 24 hour high: 0.9936, 24 hour vwap: 0.928699928
jurov`: the font in logo made me suspect it's bitcoinsarl's doing... but can't find any link
assbot: [HAVELOCK] [NEOBEE] 75 @ 0.00179999 = 0.135 BTC [+] {3}
jurov`: meh, they will do an IPO
mircea_popescu: the funny part : his cold wallet was 600 btc and his hot wallet 5k
benkay: ain't a cold wallet if someone had access in the past.
mircea_popescu: this is the internet, where things are whatever anyone imagines them to be.
benkay: where's the dark search engine, eh?
benkay: to whom do i send .00001 btc for a good indexing of all of the content that us and related thugs want me kept from?
ozbot: Revisiting the topic of “economic injustice”, with examples pe Trilema - Un blog de Mircea Popes
assbot: [MPEX] [S.MPOE] 9000 @ 0.0007969 = 7.1721 BTC [+]
benkay: slavery's the default state, yo. just because democracy has been here for the past several however long doesn't mean that either a) it eradicated things that look like what americans would knee-jerk call 'slavery' instantly upon governmental instantiation OR b) it worked well and can be used as a demonstration of why all other forms of government are bad
benkay: regular turnover at the top is required, dammit!
benkay: and that comes with bloodshed.
mircea_popescu: he has a point tho. it doesn't HAVE to come with bloodshed.
mircea_popescu: the idea is to not arrange economic incentives so that anyone is better served by denying another's competence than by recognising it.
mircea_popescu: in this sense, democracy is possibly the worst system, inasmuch as look at all the wrangling in the forums re mpex.
benkay: democracy is worst because it tends towards denying competence instead of recognizing it?
mircea_popescu: it incentivizes people to deny competence instead of recognising it, yes.
benkay: it conflates competence with acreditation, too
jurov`: i dont believe democracy particularly stands out
jurov`: people promote competence only in times of need
jurov`: otherwise it's petty games
mircea_popescu: well, i'd state that as "people are willing to step on their unwarranted self delusions of grandeur and recognise other's superiority only when hunger or fear compels them to"
mircea_popescu: more generally : on any particular question you will always find more people who made a mistake than people who got it right. this is the very nature of error. if voting decides what's error and what's not then there will be nothing but errors.
mircea_popescu: democracy fundamentally incentivizes people to be wrong.
benkay: how? i understand the majority of a group of humans being wrong about things, but how do you get from that to democracy incentivizing people to be wrong?
mircea_popescu: well, would you rather lose the elections or win the elections ?
benkay: oh, so the guy on the podium says things that are wrong to get the votes
benkay: "i stand for giving everyone a buttcoin!"
mircea_popescu: why do you think people watch the crud "entertainment" produced these days ?
nubbins`: it certainly incentivizes people to pretend they know what they're doing, even when they fully do not
mircea_popescu: nubbins` i think that's the most visible form of the thing, "so this guy can drive, well, so can I. watch me"
nubbins`: combine that with the fact that for some reason, admitting you were wrong is a death blow in politics
nubbins`: people will just drive the car off the cliff rather than let someone else take over the wheel -- or even suggest which direction to turn!
jurov`: again, doesn't a despot have to do the same?
jurov`: what's to do with democracy?
nubbins`: jurov, this is common among all forms of leadership
mircea_popescu: the voter faces no such challenge (and in fact the only funds diverted from filing canyons with crumpled cars go to ensure elector never faces any inconvenience)
mircea_popescu: no, i really beleive it's not the same thing. the despot is perpetually at danger for hius life.
nubbins`: the politician believes his situation to be just as serious, however naively
jurov`: would that improve or impair his rational skills? i'm not sure
jurov`: being at danger for one's life can improve fighting skills... but statesman skills? dunno
mircea_popescu: nubbins` the politician is unimportant. compare the sovereigns. elector vs tyrant.
mircea_popescu: jurov` well, it may or may not improve skills, but it does incentivize the right way at least.
mircea_popescu: scared tyrants aren't particularly dangerous. it's the tyrants that perceive themselves safe, a la stalin or the voting public in france/us/sweden/etc that are dangerous.
benkay: to my naive eyes, it seems like large-scale organization requires an external threat to keep the organizing machinery even remotely functional
mircea_popescu: the unthreatened mongols organised pretty much central asia's most complex empire.
mircea_popescu: nah, it's not outside threat, it's a certain worldview. one that deliberately opresses stupidity.
nubbins`: and to this day, ghengis khan's face festoons the walls of mongolian eateries the world over!
mircea_popescu: what's come to be known as "colonialism" is the key ingredient to civilisation.
mircea_popescu: thestringpuller the french were quite routed after trafalgar and waterloo.
nubbins`: oh hey, finally hit $1000 on virtex
assbot: [HAVELOCK] [HMF] 9 @ 0.02901001 = 0.2611 BTC [-]
ozbot: Efforts of Developing new Exchange Service
assbot: [HAVELOCK] [AM1] 1 @ 0.32001402 BTC [-]
assbot: [HAVELOCK] [AM1] 4 @ 0.320001 = 1.28 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 114 @ 0.00183997 = 0.2098 BTC [+]
mod6: its like whack-a-mole
assbot: [HAVELOCK] [NEOBEE] 97 @ 0.00183997 = 0.1785 BTC [+]
Duffer1: how's your game coming along MP?
Duffer1: what's the site again? it's been a while since i've looked at it
Duffer1: ah i meant website where i could see progress
ozbot: S.MG pe Trilema - Un blog de Mircea Popescu.
ozbot: Bitcoin Research in Princeton CS
assbot: [MPEX] [S.MPOE] 7700 @ 0.00079654 = 6.1334 BTC [-] {2}
mircea_popescu: lol the guy "build an understanding of the political economy" w/o ever showing up on bitcoin-assets ?
mircea_popescu: "We showed that this is not the case, that there are infinitely many outcomes that are stable yet differ from the written rules of Bitcoin."
mircea_popescu: There are two main difficulties: first, how can a pair of anonymous participants trade shares without a trusted party to facilitate the transaction?
mircea_popescu: when we take over there's going to be a grand bronze statue of The Anonymous Derp in Bitcoin Plaza
mircea_popescu: the Anon Derp will go "hey guyse here's this new original wheel I invented all by myself in my garret!"
ThickAsThieves: can the statue be riding a unicycle whilst making the claim?
gribble: MtGox BTCUSD ticker | Best bid: 1213.6, Best ask: 1215.0, Bid-ask spread: 1.40000, Last trade: 1213.53111, 24 hour volume: 47461.30788966, 24 hour low: 1050.0, 24 hour high: 1242.0, 24 hour vwap: 1161.81461
benkay: ;;ticker --currency xau
gribble: MtGox BTCXAU ticker | Best bid: 0.9720972, Best ask: 0.972792, Bid-ask spread: 0.00069, Last trade: 0.97203616, 24 hour volume: 46968.16654223, 24 hour low: 0.84, 24 hour high: 0.9936, 24 hour vwap: 0.929718168
assbot: [HAVELOCK] [NEOBEE] 679 @ 0.00191362 = 1.2993 BTC [+] {8}
assbot: [HAVELOCK] [NEOBEE] 1352 @ 0.00194011 = 2.623 BTC [+] {7}
assbot: [HAVELOCK] [NEOBEE] 1800 @ 0.00203374 = 3.6607 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 85 @ 0.0020338 = 0.1729 BTC [+]
benkay: firstblockchain: talkin to you
benkay: everybody gotta start somewhere
assbot: Last trade for S.MPOE on MPEX was at 0.00079654 BTC [-]
benkay: i barfed in my mouth a little
benkay: gosh it just makes no sense
benkay: give all the starving mexicans citizenship and put them on the welfare rolls, but don't let the depressed canadians in to spend tourist dollars
Duffer1: "..give me your tired, your poor, your huddled masses yearning to breath free... LOL JUST KIDDING"
assbot: [HAVELOCK] [NEOBEE] 71 @ 0.00203498 = 0.1445 BTC [+] {5}
mircea_popescu: i suppose the future of medicine is having doctors sign contracts where if your information leaks they're held in strict liability.
mircea_popescu: "plz ilegallty share my medical records, it makes me 1.5k per item"
assbot: [HAVELOCK] [AM100] 71 @ 0.00312066 = 0.2216 BTC [-] {2}
Duffer1: doctors will be forced to comply with secret legislation or their info will be outright stolen by govt backdoors
assbot: [HAVELOCK] [NEOBEE] 149 @ 0.00203999 = 0.304 BTC [+] {2}