log
jurov: !t m s.mpoe
assbot: [MPEX:S.MPOE] 1D: 0.00082205 / 0.00086299 / 0.00092833 (1150566 shares, 992.94 BTC), 7D: 0.00082205 / 0.00090036 / 0.00092833 (7719450 shares, 6,950.33 BTC), 30D: 0.00062972 / 0.00088601 / 0.00092833 (25031810 shares, 22,178.65 BTC)
assbot: [HAVELOCK] [AM1] 1 @ 0.44999999 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.44999999 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.45 BTC [+]
assbot: [MPEX] [S.MPOE] 4600 @ 0.00083712 = 3.8508 BTC [+]
assbot: [HAVELOCK] [AM1] 3 @ 0.459 = 1.377 BTC [+]
assbot: [MPEX] [S.MPOE] 26155 @ 0.00083804 = 21.9189 BTC [+]
assbot: [MPEX] [S.MPOE] 8257 @ 0.00083819 = 6.9209 BTC [+]
assbot: [HAVELOCK] [CFIG] 17 @ 0.12454704 = 2.1173 BTC [-] {2}
bloctoc: ;;eauth bloctoc
gribble: Request successful for user bloctoc, hostmask bloctoc!~bloctoc@c-50-168-9-127.hsd1.ca.comcast.net. Get your encrypted OTP from http://bitcoin-otc.com/otps/ABFF7572BA373348
bloctoc: ;;everify freenode:#bitcoin-otc:6342e952a759968f287444c3b7b1bacd364c21a3edafff7d0ebdb09b
gribble: You are now authenticated for user bloctoc with key ABFF7572BA373348
bloctoc: how does one call gribble if he's not already spammed you?
dignork: bloctoc "/query gribble"
bloctoc: thanks!
ArsKisS: where did all these walls come to cryptostocks :O
ArsKisS: http://www.quickmeme.com/img/02/02926c398dc1037a6d560642f62128da3334c43f0d2a5afd9b6dc60320e64c7d.jpg
VanCleef: which companies?
assbot: [MPEX] [S.MPOE] 6400 @ 0.000838 = 5.3632 BTC [-]
ArsKisS: VanCleef, sbfs for example
ArsKisS: i can't say they are BIG, but they are definately bigger than what we are used to novadays
VanCleef: :) thanks
ArsKisS: gl hf :P
assbot: [MPEX] [S.MPOE] 12600 @ 0.00083543 = 10.5264 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 14000 @ 0.000838 = 11.732 BTC [+]
asciilifeform: http://www.loper-os.org/?p=1427&cpage=1#comment-9020
ozbot: Loper OS » Cardano Prototype Tidbits: TRNG Boards.
asciilifeform: (bottom comment)
truffles: just saw the game BingoBoingo did u get hammered towards the end geeeeez
nubbins`: alf, nice pics
assbot: [HAVELOCK] [HMF] 34 @ 0.02520998 = 0.8571 BTC [+]
Vexual: asciilifeform, do not use if sheild is missing, what is this?
asciilifeform: as you can probably tell, shield is missing.
Vexual: rf shielding?
assbot: [HAVELOCK] [PETA] 6 @ 0.04999999 = 0.3 BTC [+]
asciilifeform: http://9727e9d160d99ffc550b-e91bafb404d116e05b8f50150b1b07c8.r4.cf3.rackcdn.com/UK_LAE_BMIS-203_PI_D.jpg
asciilifeform: unlike similar shields found in many gizmos (cell phone, wireless card, etc) this one can be removed safely and many times (within reasonable limit)
asciilifeform: the five boards pictured here will be reflowed a second time, with the shield anchors on.
Vexual: thats some sexy kit
asciilifeform: actually the costliest component on that board, not counting the board itself (as published in mircea's statement)
Vexual: can you tell us how many of the first run are sld?
Vexual: *sold
asciilifeform: Vexual: we aren't taking orders quite yet
asciilifeform: so, officially, none
Vexual: oh, i thought thats how peeps got tshirts
asciilifeform: i gave away a few shirts to various people, and so did mircea
asciilifeform: not sure how he picked who to give them to
asciilifeform: ask him
nubbins`: afaik they were given to various business associates
nubbins`: at least that's what i gather from where they ended up :D
asciilifeform: my expectation is that some of the first batch of cardanos will be distributed as 'review' units
nubbins`: the folks at Make would probably love one
Vexual: any kickbacks planned for creators of bubblegum luser-interfaces?
asciilifeform: Vexual: what do you mean?
assbot: [MPEX] [S.MPOE] 12300 @ 0.00083468 = 10.2666 BTC [-]
Vexual: not sure really, im just imagining they might be useful for more than intended
assbot: [HAVELOCK] [AM1] 1 @ 0.4599 BTC [+]
asciilifeform: share your thought?
Vexual: let me ponder it, ill get back to you
nubbins`: vexual, i think generally those who can't figure out the device as it exists probably don't have a pressing need for one, either :)
asciilifeform: i'm hard-pressed to imagine how one could fail to figure out the use of the device
asciilifeform: considering that it appears, for all intents and purposes, as a usb flash disk.
asciilifeform: where, if certain things are written to it, and the trigger is pulled, others will appear as well.
nubbins`: i can think of several people i know for whom that's incomprehensible
diametric: i have determined i have no clue how to write a contract.
nubbins`: i know a while back, 3 units for 1 btc was floated... is there a usd price point in mind?
diametric: i should probably fix that.
nubbins`: diametric: what sort of contract?
asciilifeform: nubbins`: plan is that we sell for btc only.
diametric: small manufacturing one
asciilifeform: for details regarding how, ask mircea, i believe he has a simple mechanism in mind.
asciilifeform: (for anyone who doesn't know, mircea is the organizational/financial sourcerer in this project, i only designed the damn thing)
nubbins`: yeah, i figured sales would be btc only
Vexual: so no plan for my third cousin to sccess her iphoto library with a cardano yet then?
asciilifeform: Vexual: nothing prevents you from using cardano as a flash drive
nubbins`: i'm just trying to get a feel for how much they cost. i don't think 0.333 btc is still the intended sale price at the current exchange rate :D
assbot: [MPEX] [S.MPOE] 2700 @ 0.000838 = 2.2626 BTC [+]
asciilifeform: the unit cost of the first batch is perceptibly greater than it ought to be, because of economics of scale.
asciilifeform: anyone who has bought electronic parts (or manufactured anything) knows this.
nubbins`: nod
nubbins`: i'll print a single t-shirt of any design for $70 :)
Vexual: plus you had to shut down your meth lab for reflow, gotta price that in
truffles: haha
asciilifeform: hah. though i'm probably on all of the relevant lists, if only because virtually every one of the tools is traditionally bought by weed growers
Vexual: :)
asciilifeform: almost anything that goes with a laser cutter (ventilation hardware, compressors, pumps)
nubbins`: i'm on several lists as well, although for different reasons :D
asciilifeform: if you read the 'amazon' reviews for these items, they're almost all from 'grow-op' folks.
nubbins`: any details on case design?
asciilifeform: clear acrylic.
nubbins`: oooo
diametric: speaking of, i need images i can do test rasters now
nubbins`: nice choice
Vexual: doing that in-house too?
asciilifeform: diametric is our acrylic man
nubbins`: ah
Vexual: no 3d print?
nubbins`: diametric: regarding contracts, find one you like the format of and use that as a guide
nubbins`: Vexual: afaik you can't 3d print clear things
nubbins`: yet, anyway
diametric: you can print mostly clear.
asciilifeform: nubbins`: afaik you can '3d print' acrylic, but it looks like the windows found in public toilets.
diametric: theres are a few optically correct filaments
nubbins`: costly per-unit too, i'd imagine
asciilifeform: rather than clear in the usual sense
nubbins`: yeah, frosted
Vexual: can you print a form for blow moulding?
asciilifeform: there is a reason molding (esp. of clear material) is done under vacuum.
diametric: the acrylic cases will be much nicer.
asciilifeform: bubbles.
truffles: nubins did u play chess already?
truffles: i should prob play before i get the later half of a buzz marathon
nubbins`: not today, nope
truffles: wanna play?
truffles: if yes not on irc
nubbins`: ah, im actually gonna be turning in soon. i have a rare early rise tomorrow :)
truffles: ok
truffles: i shall proceed then
nubbins`: another time, perhaps!
assbot: [MPEX] [S.MPOE] 27200 @ 0.0008397 = 22.8398 BTC [+] {3}
truffles: sure
assbot: [MPEX] [S.MPOE] 32300 @ 0.00084126 = 27.1727 BTC [+]
KingAlex: !wallet 197BAHQNBbrXKM8SAPaGGbr7enoyxMwzyQ
truffles: houston we have a fail
asciilifeform: http://www.practicalmachinist.com/vb/dmg-mori-gildemeister-maho-cnc/mori-ellison-gyroscope-unlocking-273841/
ozbot: Mori/Ellison gyroscope unlocking
asciilifeform: gps spoofers on the market in 3... 2... 1...
asciilifeform: plus now we know that you can ddos a machine shop from 10km away.
assbot: [HAVELOCK] [AM1] 1 @ 0.43300021 BTC [-]
asciilifeform: in other news, https://lh6.googleusercontent.com/-5hhDm18Juhw/Usac6x0EOoI/AAAAAAAAOEc/tvUHZvNIYFo/s1800/Screen%2520Shot%25202014-01-03%2520at%25206.54.11%2520PM.png
Vexual: if usmil saw fit they can spoof from the sats over a small area, alowing a moved usesful factory to continue
asciilifeform: looks like even crapware artists publish teasers now.
asciilifeform: Vexual: if an undergrad student sees fit.
Vexual: :) has it been done?
asciilifeform: iran and the stolen airplane.
asciilifeform: gps includes no authentication
Vexual: but the sats crank out some power
asciilifeform: (at least, the public signal doesn't)
asciilifeform: less than thermal background, when seen at the receiver.
Vexual: if they own the machine, surely they can create a different gps out
asciilifeform: linked piece describes how the high-end mills are made deliberately difficult to modify (a la 'drm')
assbot: [MPEX] [S.MPOE] 11600 @ 0.00083914 = 9.734 BTC [-]
asciilifeform: and how this was imposed from above by bureaucrats.
Vexual: i can make my boat look like its anywhere on ais
Vexual: but saying you're in the south china sea when thats out of vhf range is pointless, same is probably true with signal spoofing gps
Vexual: whya are these cncs so sesitive?
assbot: [MPEX] [S.MPOE] 17577 @ 0.00083914 = 14.7496 BTC [-]
toffoo: missile parts
Vexual: ahh kinect-pro
Vexual: sounds a lot like a cd player with better lenses
assbot: [HAVELOCK] [AM1] 1 @ 0.45999999 BTC [+]
assbot: [HAVELOCK] [AM100] 30 @ 0.004597 = 0.1379 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 16600 @ 0.00084126 = 13.9649 BTC [+] {2}
Vexual: the lenses neing software rather than optics
nubbins`: just read that link
nubbins`: re: ddosing machine shops
nubbins`: mildly amusing that you can disable hardware without even remote access to it :D
Vexual: a gps sat needs an atomic clock to provide the accuracy for the reciever to exprapolate an accurate aproximation, a cd player just needs to know the wavelength
nubbins`: gps taught me that time dilation has practical applications
nubbins`: real eye opener
asciilifeform: nubbins`: it had practical applications long before gps.
Vexual: all about the delta
nubbins`: asciilifeform: no doubt, but that was my introduction
asciilifeform: the first crt tv sets that weren't 'pieces of furniture' were japanese. why?
asciilifeform: because they taught SR to engineers
Vexual: sr?
asciilifeform: you need relativistic electrons to get the wide deflection angle
nubbins`: special
asciilifeform: to make shorter (lighter) tubes.
nubbins`: relativity
Vexual: ah
asciilifeform: given as deflection, in a particular magnetic field, is proportional to velocity.
asciilifeform: (of known charge, that is, 1 electron)
asciilifeform: mass of the tv tube goes up roughly with the cube of length
asciilifeform: so this is how the u.s. tv industry died.
asciilifeform: of pig-headed idiocy.
Vexual: doeth anyone use crt anymore?
asciilifeform: quite a few people.
Vexual: what for?
Vexual: tv?
assbot: [MPEX] [S.MPOE] 17050 @ 0.00084143 = 14.3464 BTC [+]
nubbins`: pretty sure there's a joke about Zenith in there somewhere
asciilifeform: many people have 'pro'-grade crts that they see no reason to part with.
nubbins`: i'll leave the details to someone else
asciilifeform: esp. in exchange for the turd that passes for the typical lcd.
Vexual: your oscilloscope?
asciilifeform: that, for instance.
nubbins`: f it ain't broke...
asciilifeform: it's more like, an analog scope with a display with response time measured in ms is a sad joke.
assbot: [MPEX] [S.MPOE] 12665 @ 0.00084143 = 10.6567 BTC [+]
Vexual: electron business
nubbins`: my relatives have a frigidaire refrigerator that's 70 years old. still works.
nubbins`: granted, it doesn't dispense ice cubes
Vexual: those fuckers always slapsh gin on the floor
nubbins`: relatives?
nubbins`: i know :(
asciilifeform: the soviet 'ZIL' fridge that my folks & i left behind in '92 is almost certainly still running, somewhere.
asciilifeform: my apt. has a 1970s (possibly earlier) american fridge
nubbins`: yeah
Vexual: ice cube dispensers too nubs :)
nubbins`: my folks have a 40+ year old washing machine
nubbins`: Vexual: ah ;)
nubbins`: it's at the point now where one is pleased to see a well-built, serviceable piece of equipment
asciilifeform: rare bird, this.
nubbins`: nod
asciilifeform: good example from (relatively) recent times
nubbins`: i felt like a million bucks after doing some light mods to my press
Vexual: the beauty is you can see other humans that select for this
nubbins`: for the first time
asciilifeform: toshiba 'libretto' laptop, circa 1997
nubbins`: the libretto!
asciilifeform: same size & shape as modern 'netbooks'
asciilifeform: but what a difference in quality
asciilifeform: you can feel it blindfolded.
nubbins`: what were those ones with the funny processors?
nubbins`: started with a T
asciilifeform: transmeta?
asciilifeform: that was later.
nubbins`: yeah
nubbins`: nod. early 2000's
nubbins`: i think
asciilifeform: the 'real' librettos had 'pentium I'
Vexual: i love my eeepc
asciilifeform: same size/shape/weight as half a brick.
nubbins`: fujitsu, i think, is what i'm thinking of
nubbins`: had a line of netbook-size machines with transmeta cpus
asciilifeform: bought 'eeepc' to replace dead 'libretto', regretted.
asciilifeform: damn thing is a piece of garbage
Vexual: yeah
nubbins`: bought olpc, mild regrets :)
Vexual: but 500$ nix outta box, sold
Vexual: still got it nubs?
asciilifeform: ordered one back in the day, never came. a year later they gave the money back.
nubbins`: still have the machine, yep. still works.
nubbins`: impossibly small keyboard
Vexual: id love to get my hands on one of those
nubbins`: i lost my developer key, unfortunately
asciilifeform: 'libretto' keyboard was even smaller than the 'eeepc' one, but i could type on it blind
asciilifeform: it felt great
nubbins`: stuck with "sugar" until/unless i can sort that out
asciilifeform: no modern laptop for any amount of money seems to have anything like it
nubbins`: honestly truly enjoy the macbook keyboard
asciilifeform: calculator!
asciilifeform: from dollar store.
Vexual: 5 year old macbook is a nice machine
nubbins`: mine's late 2008
Vexual: 7?
Vexual: yah
Vexual: the white ones
asciilifeform: i thought every last '07-08 macbook has died by now.
nubbins`: aluminum
asciilifeform: of the nvidia bga defect plague.
nubbins`: asciilifeform: this one still runs like a champ
nubbins`: paltry 2gb ram, but y'know
nubbins`: i don't use it for much
asciilifeform: got 4 separate dead ones here. same verdict for each.
nubbins`: wow
Vexual: i mean the b4 intel one
nubbins`: my wife's fell to it some years back
asciilifeform: plus a dead 'thinkpad', with same.
asciilifeform: all 'conveniently' croked a month or two after warranty.
nubbins`: i've been relatively lucky
nubbins`: although the laptop before this one drank a full beer
Vexual: parts exist
nubbins`: did not end well
asciilifeform: Vexual: one of the corpses died on 2nd motherboard
Vexual: thats where my keyboards go
asciilifeform: nominally 'remanufactured with new nvidia'
asciilifeform: my suspicion is, deliberate very small mis-spacing in the ball pads on the board.
Vexual: those librettos look much the same as the predecessors with 0 colour, yes thats definately dot matrix screens
asciilifeform: that thing was the size of a vhs tape. perfect size.
asciilifeform: cost... $6k?
asciilifeform: if a decent laptop could be had for 6k now, i'd gladly pony up.
Vexual: libretto? 6k?
truffles: decent??
asciilifeform: somewhere between 5 and 6.
Vexual: u want a big battery and a duty case?
asciilifeform: decent ~= not only functions, but doesn't feel like shit
asciilifeform: it's an instrument to be used with your hands
truffles: 6k?
Vexual: no such could make one with 8 bootable ssd slots
asciilifeform: some things cannot be made because of economy of scale.
nubbins`: lifecycles is part of the problem too
Vexual: everything at a price
asciilifeform: even the folks who make the iphone shell made of gold and diamonds, have to sell more than one
asciilifeform: there is a market for those.
asciilifeform: but for a laptop with, say, stainless steel chassis and keyboard, i'm not so sure.
nubbins`: after a point you're looking at bespoke parts
Vexual: ss no good
nubbins`: iirc, ford made a car with a stainless steel chassis in the 20s
Vexual: detrimental to inner components, being higher up the electrolytic scale than almost everything
asciilifeform: i know of no way to obtain such a thing without paying a price for which one could buy a (mass-produced) airplane.
asciilifeform: twin engines, no less.
nubbins`: yeah!
assbot: [MPEX] [S.MPOE] 19724 @ 0.00084143 = 16.5964 BTC [+]
nubbins`: when i read about it as a kid, the book claimed that the chassis had so far outlasted something like 4 engines
Vexual: id like a ford with four of those 1l ecoboots engines and electrinic throttle running each wheel
asciilifeform: it is interesting to think about gadgets that are perfectly buildable, but even the richest cannot get.
asciilifeform: 'warren buffett drinks the same coke as the street bum.'
Vexual: and were all living on this rock at the same time
nubbins`: well, for now
Vexual: heres a thought, can current pop ever exceed ancestors?
asciilifeform: what's interesting is that there are some limits re: what craftsmen are willing to build.
asciilifeform: anyone recall that british fellow who sells belts out of cadaver skin?
asciilifeform: 'for those lucky few who have everything they ever wanted'
Vexual: wasnt aware of man belts
asciilifeform: you can get your books bound in human skin. but you can't buy a decent laptop.
asciilifeform: http://www.humanleather.co.uk/aboutus.html
ozbot: Human Leather Exclusive Products - Exquisite Wallets, Belts, Shoes
nubbins`: yeah, i remember this
nubbins`: haha
nubbins`: "for the gentleman who has everything"
nubbins`: amputees should jump on this
Vexual: gentlemen dont wear human leather
asciilifeform: conspicuously missing from the catalogue - lamp shades...
nubbins`: HEH
nubbins`: i'd buy a belt made from the skin of someone with a ton of moles
Vexual: its so thin, you'd need bovine backing
diametric: nubbins`: hair intact?
Vexual: and to maintain the evil mage business, it would need to be obtained from some holy hindu place
nubbins`: no hair
nubbins`: just moles
Vexual: aren't there a few churches that claim to have our lord foreskin?
nubbins`: heavy with them
diametric: Vexual: you just gave me the greatest idea.
Vexual: oi fuck
diametric: the bible is full of references to foreskin as a currency
Vexual: not another coin
diametric: hahah
nubbins`: http://imgur.com/2Yr768W
ozbot: imgur: the simple image sharer
Vexual: call it another name
nubbins`: foreskoin
Vexual: lol
Vexual: not coin, it's the kin that went before
nubbins`: http://i.imgur.com/e5NGqqW.gif
Vexual: cremated to a blockchain
asciilifeform: i think mp once mused about body parts as currency
asciilifeform: they meet many of the essential conditions.
nubbins`: i knew a guy who claimed to have been in the wet parts business for a while
diametric: specifically, David of David and Goliath bought his wife with 200 Philistine foreskins
Vexual: id like to see a supply chain block chain, so i can get 2 % on tshirts that nubbins sells on my design etc
nubbins`: i'll give ya more than 2% if you get the sales
Vexual: brother im all about the supply chain
Vexual: how much downtime you wanna fill?
assbot: [HAVELOCK] [HMF] 5 @ 0.02521 = 0.1261 BTC [+]
nubbins`: ah, y'know
nubbins`: a bit here and there
Vexual: i feel ya
Vexual: we'll go with the old shitload of residual incme and do what you like model
nubbins`: works so far
Vexual: http://www.youtube.com/watch?v=WbGBQMOVL2k
ozbot: Aphrodite - Style from the Dark Side - YouTube
Vexual: now you have an artis come with a market and you do the printing?
nubbins`: yeah, we've been getting more into that lately
Vexual: what else do you do?
assbot: [HAVELOCK] [COG] 7 @ 0.03485885 = 0.244 BTC [-] {3}
Vexual: apart from running your machines into the night with an artisan hand when need be
Vexual: like, you sorta get a corel file, work your magic, and then get bitcoin or canadian paper?
nubbins`: we do a combination of client work and dicking around on our own
Vexual: does dicking around sell?
nubbins`: yeah, fairly well
truffles: is there a package of dicking or package of dicks?
nubbins`: acid zines, weird prints, etc
Vexual: yeah we only ever see client work
Vexual: ahh
nubbins`: other pet projects
nubbins`: 1 sec
nubbins`: http://imgur.com/JB8LA4U
ozbot: imgur: the simple image sharer
nubbins`: occasionaly we even print on old things :D
Vexual: don't put that in your acid zine
nubbins`: there are a lot of dicks in the acid zines, usually
nubbins`: sort of ends up that way
truffles: a bag of dicks?
nubbins`: not quite that many yet
nubbins`: http://imgur.com/9r7STyz
ozbot: imgur: the simple image sharer
nubbins`: managed to sneak a dick into the local paper, even
Vexual: i steal em and put em back
truffles: a gang of dicks?
nubbins`: was particularly proud of that one
truffles: team of dicks
assbot: [MPEX] [S.MPOE] 15350 @ 0.00084143 = 12.916 BTC [+]
truffles: dick ears?
nubbins`: mildly surprised they (a) chose it and (b) gave it a full page spread on the first page of section B
nubbins`: truffles: dick noses
nubbins`: http://pinkeyeprints.files.wordpress.com/2012/04/amvi6-imgur.jpg
truffles: looks like a finger
truffles: gotta stare at it to tell its a sack
truffles: only pervs do that
Vexual: it looks like a fucked up mickey mouse in basketball shoes
nubbins`: dicky mouse
Vexual: ill draw you a lemonade stand in shaky biro, with a complete lsd lab drawn in chem notation
Vexual: $120 bucks each in bondi
truffles: http://i.telegraph.co.uk/multimedia/archive/00671/phallological-museu_671292c.jpg ever been there ?
Vexual: http://www.youtube.com/watch?v=w_3dbTYAhho
ozbot: Have You Ever Been (to Electric Ladyland)-Jimi Hendrix (with lyrics) - YouTube
truffles: he's not that great at singing..
truffles: this one isnt that bad
Vexual: i will need to say @when life gives you lemons@ for the full hipster irony, otherwise $20
Vexual: this might be a uk keyboard
truffles: what is hipster?
Vexual: theyre those people that pay $120 for a tshirt
truffles: so opposite of hippie
assbot: [MPEX] [S.MPOE] 32800 @ 0.0008399 = 27.5487 BTC [-] {2}
Vexual: major in language studies at mit
truffles: id be bored in a year
Vexual: you might be a hipster
truffles: nah just a thrill seeker
Vexual: do you eat pistachios on a handmade picnic rug?
truffles: lol
truffles: no i just have a paper towel out
Vexual: hippie
truffles: prob
assbot: [MPEX] [S.MPOE] 24150 @ 0.00083928 = 20.2686 BTC [-] {2}
Vexual: nah just new money
truffles: ?
Vexual: well hipsters are the kids of hippies that sold their soul and made some money
truffles: i was wondering whatever happened to all the hippies
Vexual: nubbins' showed a gif of the supposedly gone woodie guthrie
truffles: how does one sell a soul though
Vexual: cant be done
truffles: sell own soul?
Vexual: hippies inventened the butterlfy affect as seen in humanity
Vexual: you see butterfly tramp stamps, but a sould cant be sold
Vexual: http://www.youtube.com/watch?v=QhIrzbhEGvs
ozbot: Busta Rhymes - Thank You ft. Q-Tip, Kanye West, Lil Wayne - YouTube
truffles: didnt click
Vexual: then you've considered butterflies
Vexual: that unpopular phrase globalisation didnt haven without people moving house
KRS1: eh
KRS1: hey this song good yo
Vexual: going back to selling your soul
Vexual: you're the master of what your soul absorbs
truffles: there is a term for this
Vexual: no doubt
truffles: rhetorical?
Vexual: :)}
truffles: where is mr Boingo
Vexual: u feeling chess?
truffles: we have a rematch to do
truffles: i may have to step away based on events in the house ya know
Vexual: i think bongo is alergic to vodka
truffles: lol
Vexual: yah
truffles: its not for everyone
Vexual: we serve it warm
Vexual: but ou know this
truffles: i only like my tea warm eww
assbot: [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
Vexual: gin is served with ice, vodka should be at room tmep
assbot: [HAVELOCK] [CBTC] 1120 @ 0.00009501 = 0.1064 BTC [-] {3}
truffles: it should be how i want it
truffles: bbl
Vexual: get me some orange sherbert
assbot: [HAVELOCK] [CBTC] 8840 @ 0.00009501 = 0.8399 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 3173 @ 0.00083924 = 2.6629 BTC [-]
assbot: [MPEX] [S.MPOE] 25327 @ 0.00083699 = 21.1984 BTC [-] {2}
BingoBoingo: truffles: I am here nao
assbot: [MPEX] [S.MPOE] 22998 @ 0.00084193 = 19.3627 BTC [+] {2}
assbot: [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
assbot: [HAVELOCK] [HIF] 2000 @ 0.00047496 = 0.9499 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 21302 @ 0.00083517 = 17.7908 BTC [-] {2}
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
assbot: [HAVELOCK] [SFI] 130 @ 0.001 = 0.13 BTC [+]
KRS1: whats up with ghash.io..
assbot: [MPEX] [S.MPOE] 27750 @ 0.00083468 = 23.1624 BTC [-]
assbot: [HAVELOCK] [COG] 6 @ 0.0399499 = 0.2397 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5512 @ 0.00083694 = 4.6132 BTC [+]
assbot: [MPEX] [S.MPOE] 13988 @ 0.00083694 = 11.7071 BTC [+]
truffles: BingoBoingo ping
KRS1: pong
KRS1: so do you all think ghash.io is going to harm the network
truffles: howdy krs1
assbot: [MPEX] [S.MPOE] 5301 @ 0.00084124 = 4.4594 BTC [+]
assbot: [MPEX] [S.MPOE] 12299 @ 0.00084054 = 10.3378 BTC [-]
assbot: [MPEX] [S.MPOE] 32210 @ 0.00084164 = 27.1092 BTC [+] {2}
KRS1: how'dy
KRS1: i've been expecting a drop, not this rise =/
KRS1: where'd i go wrong in my analysis
truffles: coinye brought it up with the swag
assbot: [HAVELOCK] [AM1] 5 @ 0.46079996 = 2.304 BTC [+] {4}
assbot: [HAVELOCK] [AM1] 10 @ 0.46929999 = 4.693 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 23250 @ 0.00084175 = 19.5707 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 15900 @ 0.00084077 = 13.3682 BTC [-]
mircea_popescu: bitbet is hysterical, all these volunteer armchair pilots for it.
mircea_popescu: i am starting to suspect the main reason rich people become assholes is that they eventually get sick of all the poor people who refuse to see the difference.
mircea_popescu: .d
ozbot: 1418481395.26264 | Next Diff in 767 blocks | Estimated Change: 18.3651% in 4d 8h 17m 7s
truffles: so ure not saying ure not a complete asshole but on the cusp?
mircea_popescu: im a fonz, what are you on about.
truffles: fonz is cool though
assbot: [HAVELOCK] [AM1] 54 @ 0.49509632 = 26.7352 BTC [+] {20}
mircea_popescu: i have no idea what it is, outside of a pulp fiction reference.
Duffer1: happy days
mircea_popescu: so indeed they'd be cool.
mircea_popescu: ( http://www.youtube.com/watch?v=QPPN_gkj_gk )
truffles: omg he's never seen it
truffles: omg
truffles: well its not that great of a show
truffles: just watch a few eps
Duffer1: http://www.youtube.com/watch?v=t4ZGKI8vpcg
ozbot: Fonzie Jumps the Shark on Happy Days (Episode 5.3) 1977 - YouTube
mircea_popescu: ol wait, this is the original "jump the shark" show huh ?
Duffer1: yep
mircea_popescu: i take it back, i've nothing to do with that toothy derp.
truffles: lol
mircea_popescu: sammy lee you've lied to me!
truffles: thats just 1 clip
truffles: he made the jump, whats the derp about
truffles: so suave
truffles: http://www.youtube.com/watch?v=eHWXAJhmvyU
ozbot: Mork Meets The Fonz - YouTube
truffles: robin williams!
assbot: [MPEX] [S.MPOE] 6455 @ 0.00084077 = 5.4272 BTC [-]
assbot: [MPEX] [S.MPOE] 7745 @ 0.00084054 = 6.51 BTC [-]
truffles: blog topic im interested in, are smart people in general more selfish
truffles: obv u can include stuff about asses and holes
assbot: [MPEX] [S.MPOE] 9931 @ 0.00084028 = 8.3448 BTC [-] {2}
deanclkclk: anyone here who's a money manager? I want to ask something about fractional reserve banking
deanclkclk: or anyone here who understand franctional reserve banking
mircea_popescu: go ahead
deanclkclk: well just looking at a t account..how can fractional reserve banking be inflationary
mircea_popescu: you'll have to phrase that question better
deanclkclk: what is loan out (asset to the bank) is always equal to it's liability (deposit)?
mircea_popescu: what's your definition of "inflationary" ?
deanclkclk: if the depositor withdraws money ..it comes from the bank reserves
deanclkclk: inflationary..rising prices
mircea_popescu: that'd be rising prices. traditionally inflation is defined as that state where the monetary mass increases.
mircea_popescu: if in 2010 the total volume of payment insturments is 5, and in 2011 it's 6, then you've had a 20% inflation.
deanclkclk: but, let me ask u this
deanclkclk: in an investment bank...one which the depositor can't withdraw from his account because, he knows the bank doesn't have it (it's loan out)..that's isn't inflationary
deanclkclk: but, it is said in a fractional reserve bank...the depositor still has access to his deposit even though it's loan out
deanclkclk: that doesn't make any sense
deanclkclk: because if deposit is 9 == loan 8 + reserve 1
mircea_popescu: well, you've constructed it so it doesn't make any sense. take a better example : say i run a whorehouse and you bring me your wife. then one day you want to have sex. just because i've sent her to work the streets of mexico doesn't mean you can't have sex,
mircea_popescu: i'll just hook you up with some other dude's wife.
mircea_popescu: am i running fractional reserve whorehouse ? no. do you still get to have sex, even if your own wife is out ? sure.
deanclkclk: if the depositor withdraws from his account ...how would that show on the T account?
deanclkclk: says all his 9 dollars
mircea_popescu: ib just takes a liquidity loan.
deanclkclk: huh?
mircea_popescu: myeah. best i can tell, you've painted yourself in a corner trying to understand this and now nothing makes sense.
deanclkclk: I understand your whorehouse analogy
mircea_popescu: time to re-examine your priors.
deanclkclk: well if someone can show me how that would reflect on a T account..it would make a whole lotta sense
mircea_popescu: okay, fair enough.
deanclkclk: I'm just wondering how that would show
mircea_popescu: central bank creates 10 bucks. pushes 2 each to 5 commercial banks. the banks loan out 50 bucks each, on the grounds that they are required by cb to keep 10% in reserves.
deanclkclk: banks == liability (deposit $10) and assets (loan $9 & reserve $1)
deanclkclk: that balances
mircea_popescu: now, the monetary mass at the cb level is 100, and the monetary mass at the cb level is 500
mircea_popescu: that's a 400% inflation.
assbot: [MPEX] [S.MPOE] 2150 @ 0.00084234 = 1.811 BTC [+] {2}
mircea_popescu: meh i cocked the math up. lemme redo.
deanclkclk: yeah but, just listen
deanclkclk: listen
mircea_popescu: kay.
deanclkclk: just an simple example
deanclkclk: in this illustration
deanclkclk: banks == liability (deposit $10) and assets (loan $9 & reserve $1)
deanclkclk: that's their T account right
deanclkclk: the loan out $9
mircea_popescu: you don't get to use the assets in there.
deanclkclk: so what if..the depositor wants to withdraw his 10 dollars
mircea_popescu: their liability is 10 and the assets 1.
deanclkclk: how would that show on the banks T account?
deanclkclk: yeah the 1 dollar is their current asset
deanclkclk: I get that
mircea_popescu: this is a purely accounting q, but :
mircea_popescu: step 1 : deposit 10, loan 9, reserve 1.
mircea_popescu: step 2 : withraw the 10 : deposit 0, loan 9, reserve 1, owed 10 to liquidity provider
mircea_popescu: this bank now owes the 10 it owed before, except not to its original depositor.
mircea_popescu: nothing much changed.
mircea_popescu: note that accounting generally is just a convention, and it may be uniquely adequate or uniquely inadequate to resolve any factual problems. in some formulations inflation is opaque to accounting, in some others quite transparent. this doesn't make inflation go away, even if it's very tempting for all governments historically to pretend so.
assbot: [MPEX] [S.MPOE] 7392 @ 0.00084236 = 6.2267 BTC [+]
deanclkclk: ok
deanclkclk: hmmm
deanclkclk: yes I know mircea_popescu but, I'm just wondering how would that show on the account
deanclkclk: but, with a deposit being 0...wouldn't that cause the T account to not be balanced?
deanclkclk: liabilties are greater than an asset
mircea_popescu: nope. you still owe 10, but not to depositors anymore, to liquidity provider instead.
mircea_popescu: just as balanced as it was.
mircea_popescu: it goes from liabilities 10 (depositors) to liabilities 10 (government) or w/e
deanclkclk: ohh so the liquidity provider funds the 10 dollars to pay back the depositor?
mircea_popescu: well yes
deanclkclk: liquidity provider in this case will be the central bank
mircea_popescu: someone will have to, as the 9 loaned out are loaned on terms and can't (in this example we use) be recalled.
mircea_popescu: in practice obviously some mix will be implemented.
mircea_popescu: it isn't the central bank in a functioning economy
assbot: [MPEX] [S.MPOE] 11550 @ 0.00084219 = 9.7273 BTC [-]
mircea_popescu: this is why the libor originally existed : so banks can liquidify each oth\er
mircea_popescu: the interest they settled on becoming the "fair" interest for everyone, smaller players
deanclkclk: ohh ok
mircea_popescu: if it is the central bank you have by any sensible definition a central command economy like the soviets, and even discussing "banks" is just a masquerade
deanclkclk: ok
deanclkclk: but, if the banks are funding themselves..would that not increase the total stock of money?
mircea_popescu: well, how ?
deanclkclk: because, if bank A give to Bank B...bank A is decreasing it's money stock and giving it to Bank B
mircea_popescu: so...
assbot: [MPEX] [S.MPOE] 17311 @ 0.00083963 = 14.5348 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 16500 @ 0.00083961 = 13.8536 BTC [-]
assbot: [HAVELOCK] [SFI] 370 @ 0.001 = 0.37 BTC [+]
assbot: [MPEX] [S.MPOE] 3213 @ 0.00083961 = 2.6977 BTC [-]
assbot: [MPEX] [S.MPOE] 4316 @ 0.00083468 = 3.6025 BTC [-]
assbot: [MPEX] [S.MPOE] 22133 @ 0.0008367 = 18.5187 BTC [+]
assbot: [MPEX] [S.MPOE] 31799 @ 0.00083456 = 26.5382 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 56888 @ 0.00083424 = 47.4582 BTC [-] {2}
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
assbot: [HAVELOCK] [HMF] 24 @ 0.02520706 = 0.605 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.46010011 BTC [-]
assbot: [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
assbot: [MPEX] [S.MPOE] 1712 @ 0.00083386 = 1.4276 BTC [-]
assbot: [MPEX] [S.MPOE] 25188 @ 0.0008331 = 20.9841 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 100 @ 0.04999999 = 5 BTC [+]
assbot: [MPEX] [S.MPOE] 7259 @ 0.00083687 = 6.0748 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 156 @ 0.0046 = 0.7176 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 11950 @ 0.00083899 = 10.0259 BTC [+] {2}
kleeck0: So, I'm confused. Should I stop mining on ghash.io?
Duffer1: yep
kleeck0: lol
kleeck0: Joking, joking.
Duffer1: oh hehe
kleeck0: Reddit is ablaze with STOP DAT GHASH!
Duffer1: good
Duffer1: reddit has it's uses
taub_: some hard movement on gox
mircea_popescu: what's the problem with ghash ?
Duffer1: too many of the gigahashes
mircea_popescu: o
mircea_popescu: i guess this explains why elegius actually found a coupla blocks today
mircea_popescu: hasn't been seen since... spring ?
Duffer1: 42+% of the network + attempted double spends on gambling sites
mircea_popescu: o seriously ? which ?
mircea_popescu: seems improbable
Duffer1: let me find the link
Duffer1: https://bitcointalk.org/index.php?topic=327767.0
ozbot: GHash.IO and double-spending against BetCoin Dice
mircea_popescu: but that's... october ?!
mircea_popescu: Like a month ago, in September I witnessed a lot of double-spending against BetCoin Dice. I
mircea_popescu: herp. ghash has likely 0 to do with it.
Duffer1: https://bitcointalk.org/index.php?topic=327767.100
mircea_popescu: clueless dice site clone guy can't read/doesn't understand what's going on
mircea_popescu: wasn't btc guild 49% back in march ?
mircea_popescu: before their pliant attitude to the -dev chan pretty much cost them their business ?
Duffer1: i think they got close ya
assbot: [MPEX] [S.MPOE] 14791 @ 0.00084011 = 12.4261 BTC [+]
KRS1: i think they did something about it..ghash.io isnt maybe
mircea_popescu: in principle no pool should be over 40%
mircea_popescu: course reddit is about as likely to change weather patterns as it is likely to have any impact on this matter, but naywya.
assbot: [MPEX] [S.MPOE] 11095 @ 0.00083988 = 9.3185 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 140 @ 0.0046 = 0.644 BTC [+]
assbot: [MPEX] [S.MPOE] 13400 @ 0.00083945 = 11.2486 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 4350 @ 0.00083897 = 3.6495 BTC [-]
assbot: [HAVELOCK] [SFI] 556 @ 0.001 = 0.556 BTC [+]
assbot: [HAVELOCK] [HMF] 4 @ 0.02559 = 0.1024 BTC [+]
assbot: [MPEX] [S.MPOE] 15100 @ 0.00083901 = 12.6691 BTC [+] {2}
Duffer1: http://www.coindesk.com/worlds-first-insured-bitcoin-storage-service-launches-uk/
Duffer1: Lloyds of London
Duffer1: <---called it
asciilifeform: microscope hammer.
KRS1: why is not my cardano insured? INFIDELS
mike_c: whoa, they use "deep cold storage". that sounds better.
mike_c: biz idea: "super-deep frozen storage".
Troic_: the policy sucks, claims calculated in BTC; if rate has gone down, but GBP at insure date if rate has gone up.
the20year: i wonder waht their rate is
Troic_: 2% of total cover, in GBP
Duffer1: you pay more to insure at x value of fiat
Duffer1: dunno what their policy is if/when it goes below that..
the20year: fiat insurance is 2% or higher from Lloyds?
Duffer1: er nm i suppose that wouldn't matter for theft insurance
the20year: So ghash is at 42%
assbot: [MPEX] [S.MPOE] 10045 @ 0.00083989 = 8.4367 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 3955 @ 0.00083882 = 3.3175 BTC [-]
assbot: [MPEX] [S.MPOE] 21750 @ 0.00084168 = 18.3065 BTC [+]
assbot: [MPEX] [S.MPOE] 2350 @ 0.00084219 = 1.9791 BTC [+]
assbot: [HAVELOCK] [SFI] 4000 @ 0.001 = 4 BTC [+]
KRS1: is it better to have deep or cold storage
assbot: [HAVELOCK] [AM1] 2 @ 0.46200116 = 0.924 BTC [+] {2}
KRS1: like..if I have a wallet, I need it to be deep for fat stacks, but if its cold I can't exactly whip it out
assbot: [MPEX] [S.MPOE] 16546 @ 0.00084232 = 13.937 BTC [+] {2}
mjoiii: /join #bitcoin
mike_c: that's a big problem with bitcoin. you can't roll up a fat stack with a rubber band and slap them on the table.
Duffer1: paper wallets, 1 satoshi each
Duffer1: biggest stack of $$ you've ever seen
asciilifeform: there's a serious problem with the horseless carriage - you can't whip its arse to make it go faster.
mike_c: totally agreed! that's why horse races are more exciting than nascar.
Duffer1: watching water boil is more exciting than nascar
pankkake: and why ponygirl races are more exciting than horse races
asciilifeform: now if only horses could catch fire and engulf the audience in an inferno.
Duffer1: i'd watch that
mike_c: well, they do trip occasionally and then got shot right out on the track.
mike_c: *get
assbot: [HAVELOCK] [AM1] 2 @ 0.4620505 = 0.9241 BTC [+] {2}
mircea_popescu: fun fact : the us has been quietly returning gold to germany
mircea_popescu: except... well... it doesn't have the stamps
mircea_popescu: "it had to be melted for transport" says the official story.
pankkake: filled with tungsten?
mircea_popescu: i doubt that.
pankkake: yeah they will check
Duffer1: is this news significant?
mircea_popescu: Duffer1 well... depends how much you've been following the precious metal wranglings
assbot: [MPEX] [S.MPOE] 2100 @ 0.00084227 = 1.7688 BTC [-]
Duffer1: ah ya i haven't followed metals at all
mike_c: not having the stamps is interesting. yet another confirmation that the fed plays games with other countries deposits.
assbot: [MPEX] [S.MPOE] 18550 @ 0.00084134 = 15.6069 BTC [-] {2}
mircea_popescu: mike_c course there's not really enough gold on deposit to be doing it
mircea_popescu: so unless china graciously decided to lend... or else maybe russia ?
mircea_popescu: or japan. india isn't, and there just aren't that many folks with gold
mike_c: no way china would lend us gold
mircea_popescu: seeing how it's worthless and not particularly important in modern finance etc.
mircea_popescu: why not ? it's lending everything else...
mike_c: that's why. gold is the only thing it hoards.
mike_c: at least until it starts hoarding btc
mircea_popescu: nope
mircea_popescu: ip is the only thing it hoards.
mircea_popescu: and as the inept leadership oif the us has been giving them absolutely all the techs in the most incredible transfer of wealth/spoliage in human history,
Duffer1: but dat labor so cheap
mike_c: it collects ip. hoarding would indicate it is creating ip and not sharing.
mircea_popescu: i can't imagine why they'd care about lending a little gold so various us idiots can save a little face.
mircea_popescu: o, it's not sharing.
mircea_popescu: you don't get to see what it develops on top of what it loots from us corps.
assbot: [MPEX] [S.MPOE] 27200 @ 0.00084246 = 22.9149 BTC [+] {2}
mike_c: invisible ip? what are they doing that is so cool?
assbot: [HAVELOCK] [SFI] 20719 @ 0.001 = 20.719 BTC [+]
mike_c: they can keep the cheap kewpie doll ip.
mircea_popescu: they're putting a guy on the moon.
mircea_popescu: anyway, THEIR nsa isn't being riddled with fuckwith trannies that turncoat, so you don';t really know what they are doing.
kakobrekla: http://dangerousminds.net/comments/humble_chinese_billionaire_has_designed_the_perfect_template_for_your_next
ozbot: Dangerous Minds
asciilifeform: considering the inclination of usg to run things at a loss (so long as said loss can be pawned off on some chump),
assbot: [HAVELOCK] [NEOBEE] 98 @ 0.00299668 = 0.2937 BTC [+]
asciilifeform: perhaps the gold was 'borrowed' from a neutron bombardment reactor at sandia or somesuch.
mircea_popescu: in these qtys ?
mircea_popescu: kakobrekla omfg, rpietilla is chinese
kakobrekla: lol
KRS1: thought he was espanish
kakobrekla: enorwegian afaik
assbot: [HAVELOCK] [NEOBEE] 55 @ 0.00299668 = 0.1648 BTC [+]
mircea_popescu: he's eweirdo, wherever those are
mircea_popescu: rhutenia or latvia or somesuch. kaspiar.
mircea_popescu: kakobrekla anyway, that's kind-of culture shock. the chinese do that sort of thing in chinese all the time. very self-stroking culture, it's not quite as wow as in european terms
kakobrekla: myea
assbot: [MPEX] [S.MPOE] 1550 @ 0.00084128 = 1.304 BTC [-]
assbot: [HAVELOCK] [AM100] 150 @ 0.00464999 = 0.6975 BTC [+] {4}
assbot: [HAVELOCK] [AM100] 61 @ 0.00465 = 0.2837 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 11850 @ 0.00083876 = 9.9393 BTC [-]
benkay`: ;;gettrust benkay
gribble: WARNING: Currently not authenticated. Trust relationship from user benkay` to user benkay: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay`&dest=benkay | WoT data: http://b-otc.com/vrd?nick=benkay | Rated since: Sun Mar 10 13:57:45 2013
assbot: [HAVELOCK] [AM1] 1 @ 0.462011 BTC [-]
assbot: [HAVELOCK] [PETA] 9 @ 0.04999999 = 0.45 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 1000 @ 0.00298191 = 2.9819 BTC [-] {10}
assbot: [HAVELOCK] [CFIG] 12 @ 0.10035833 = 1.2043 BTC [-] {6}
assbot: [HAVELOCK] [HMF] 7 @ 0.02559 = 0.1791 BTC [+]
deadweasel: These nice new cheap samsung monitors are less appealing now
deadweasel: http://phunukieuviet.vn/phap-luat/cong-nhan-dung-do-voi-bao-ve-samsung-thai-nguyen-8-nguoi-chet.html
assbot: [MPEX] [S.MPOE] 26750 @ 0.00083876 = 22.4368 BTC [-]
assbot: [HAVELOCK] [HIF] 625 @ 0.000475 = 0.2969 BTC [+]
assbot: [MPEX] [S.MPOE] 12050 @ 0.0008391 = 10.1112 BTC [+] {2}
assbot: [HAVELOCK] [MS] 15266 @ 0.005 = 76.33 BTC {4}
assbot: [MPEX] [S.MPOE] 46500 @ 0.00083925 = 39.0251 BTC [+]
assbot: [HAVELOCK] [MS] 60 @ 0.005 = 0.3 BTC {2}
assbot: [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
Duffer1: 100,000 units of mintspare now up for sale on havelock
PLambert: Oh look, MS is now available on Havelock. Who is excited to lose their money?
PLambert: bah, you beat me by a second :(
Duffer1: ha man i tried to warn them in that thread, hopefully that 160 is all they sell
PLambert: what, people are actaully buying that shit?
Duffer1: havelock trying to fake volume
PLambert: maybe it is the operator trying to make themself look more presentable
PLambert: bah, you beat me by a second again :(
Duffer1: hehe
Duffer1: no i expect they'll sell out because... history like repeating itself
topace: there's no faking volume
PLambert: they are asking for way too much money and giving way too little in return, and their business model is easily copied
assbot: [HAVELOCK] [HIF] 500 @ 0.00048 = 0.24 BTC [+]
PLambert: volume is easy to fake
Duffer1: and the original could jsut start accepting bitcoins themselves and kill off all competition QUITE easily
PLambert: just need a couple bitcoins, send to stooge's account, buy shares, repeat
PLambert: what is the original?
assbot: [MPEX] [S.MPOE] 4380 @ 0.00083926 = 3.676 BTC [+] {2}
topace: real shares being bought with real bitcoins != fake volume
PLambert: can you tell the difference between real and fake?
jborkl: wait, so they buy old cellphones for bitcoins
jborkl: uggh
PLambert: jborkl, yeah and "fix them and resell"
assbot: [HAVELOCK] [MS] 4000 @ 0.005 = 20 BTC
PLambert: see, there is some fake volume?
Duffer1: R.I.P. 20 btc, you will be missed
topace: PLambert: why do you think thats "fake" ?
jborkl: so, when the exchange rate rapes them - they are out of business
PLambert: who has 20 btc and is dumb enough to fall for this?
topace: real bitcoins used to buy real shares
topace: im watching the server right now
assbot: [HAVELOCK] [MS] 50 @ 0.005 = 0.25 BTC
topace: and i wrote the damn platform
topace: there's no way to "fake" trades
PLambert: I am not saying they are fake trades, just that they are insider trades
topace: "[13:16:11] <PLambert> see, there is some fake volume?"
jborkl: topace, do you know how they plan to resell? are they shipping them overseas to Africa or selling them for BTC again?
PLambert: topace, I am not saying that the trade is not hapenning, just guessing that it is an insider
mike_c: selling them on ebay
Duffer1: i believe 'volume' is being used here to mean: "puppet accounts using btc to provide the illusion of demand"
topace: jborkl: im not involved with the actual listings anymore
mike_c: for lolz:
mike_c: https://www.havelockinvestments.com/reportdownload.php?id=54
PLambert: duffer1: right, puppet is a good word for what I meant
Duffer1: topace i'm not saying that is what's happening, i have no idea, that's just my overly cynical ravings talking
Duffer1: meanwhile at ActM https://bitcointalk.org/index.php?topic=297503.msg4399315#msg4399315
assbot: [HAVELOCK] [MS] 50 @ 0.005 = 0.25 BTC
assbot: [HAVELOCK] [AM1] 6 @ 0.49799993 = 2.988 BTC [+] {3}
assbot: [HAVELOCK] [AM100] 46 @ 0.0044332 = 0.2039 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 5 @ 0.04999999 = 0.25 BTC [+]
ThickAsThieves: https://help.overstock.com/app/answers/detail/a_id/5794/c/4
ozbot: Bitcoin
ThickAsThieves: http://www.reddit.com/r/Bitcoin/comments/1utcz6/bitcoin_payments_are_now_live_on_overstockcom/
ozbot: Bitcoin payments are now live on Overstock.com : Bitcoin
assbot: [HAVELOCK] [COG.F2] 1 @ 0.575 BTC [+]
ThickAsThieves: partnered with coinbase on it
Duffer1: wow that got that done a lot faster than i thought they would
ThickAsThieves: they were waiting for a dip to buy in first
assbot: [MPEX] [S.MPOE] 5496 @ 0.00083958 = 4.6143 BTC [+]
assbot: [HAVELOCK] [MS] 22 @ 0.005 = 0.11 BTC
ThickAsThieves: IPO!
TomServo: Anyone ever used cashintocoins.com?
assbot: [HAVELOCK] [MS] 60 @ 0.005 = 0.3 BTC
ThickAsThieves: http://www.wired.com/wiredenterprise/2014/01/stampact/?cid=16778634
ozbot: Could a Civil War-Era Law Stamp Out Bitcoin? | Wired Enterprise | Wired.com
assbot: [HAVELOCK] [MS] 228 @ 0.005 = 1.14 BTC
assbot: [MPEX] [S.MPOE] 12450 @ 0.00084197 = 10.4825 BTC [+] {2}
ThickAsThieves: "This 152-year-old law forbids any American from issuing a check, note, or token that’s worth less than $1"
ThickAsThieves: guess we need satoshi dollar parity
Duffer1: lul :/
ThickAsThieves: to the bitmobile!
assbot: [HAVELOCK] [MS] 240 @ 0.005 = 1.2 BTC
mircea_popescu: this 226 year old constitution forbids any law from forbiding stupid shit
mircea_popescu: so problem solved
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
mircea_popescu: .d
ozbot: 1418481395.26264 | Next Diff in 680 blocks | Estimated Change: 19.6216% in 3d 18h 45m 1s
assbot: [MPEX] [S.MPOE] 10750 @ 0.00084161 = 9.0473 BTC [-]
assbot: [MPEX] [S.MPOE] 9400 @ 0.00084161 = 7.9111 BTC [-]
KRS1: I used cashintocoins.com a few times- very good service.
assbot: [HAVELOCK] [PETA] 30 @ 0.04999999 = 1.5 BTC [+]
assbot: [HAVELOCK] [HMF] 5 @ 0.02559 = 0.128 BTC [+]
the20year: Anyone want to take a look at the revised rentalstarter business plan/disclosure?
assbot: [MPEX] [S.MPOE] 16550 @ 0.00084252 = 13.9437 BTC [+]
mike_c: sure
assbot: [HAVELOCK] [MS] 29 @ 0.005 = 0.145 BTC
assbot: [MPEX] [S.MPOE] 6800 @ 0.00084252 = 5.7291 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 12495 @ 0.0008415 = 10.5145 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 12745 @ 0.0008415 = 10.7249 BTC [-]
assbot: [MPEX] [S.MPOE] 31505 @ 0.00084049 = 26.4796 BTC [-]
assbot: [MPEX] [S.MPOE] 83780 @ 0.00083936 = 70.3216 BTC [-] {5}
assbot: [HAVELOCK] [SFI] 200 @ 0.001 = 0.2 BTC [+]
assbot: [MPEX] [S.MPOE] 13237 @ 0.00084253 = 11.1526 BTC [+] {2}
assbot: [HAVELOCK] [MS] 30 @ 0.005 = 0.15 BTC
assbot: [HAVELOCK] [HMF] 14 @ 0.02559 = 0.3583 BTC [+]
assbot: [HAVELOCK] [CBTC] 3136 @ 0.00009449 = 0.2963 BTC [-]
assbot: [MPEX] [S.MPOE] 26500 @ 0.00084118 = 22.2913 BTC [-]
assbot: [MPEX] [S.MPOE] 2200 @ 0.00083876 = 1.8453 BTC [-]
mike_c: is mpex taking wire transfers now? blockchain isn't showing any deposits since november.
mike_c: quiet month i guess
assbot: [HAVELOCK] [PETA] 40 @ 0.04999999 = 2 BTC [+]
assbot: [HAVELOCK] [HMF] 11 @ 0.02619899 = 0.2882 BTC [+]
assbot: [HAVELOCK] [MS] 60 @ 0.005 = 0.3 BTC
assbot: [HAVELOCK] [PETA] 35 @ 0.04999999 = 1.75 BTC [+]
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
assbot: [MPEX] [S.MPOE] 22758 @ 0.00084267 = 19.1775 BTC [+] {2}
benkay`: http://devopsreactions.tumblr.com/post/72428827671/another-massive-flawless-patching-noone-shares-the
ozbot: Another massive flawless patching. Noone shares the excitement. - DevOps Reactions
pankkake: devops is still a thing?
mircea_popescu: http://25.media.tumblr.com/f097a5e09b34362dd6cf21e0da6799b8/tumblr_mygm5duF6t1sd7fomo1_1280.jpg
mircea_popescu: "now where did i park again ?! maybe it was in the pink ?"
benkay`: us management didn't turn over overnight, pankkake. still gotta deal with the derps.
benkay`: in the meantime, it's an acceptable shorthand for a whole buncha shit.
assbot: [HAVELOCK] [HMF] 20 @ 0.02619899 = 0.524 BTC [+]
KRS1: nice send moar pr0ns and dtng
KRS1: lel definately in the pink
mircea_popescu: http://31.media.tumblr.com/9d8187023d73a491c19ff1f8da809ae4/tumblr_mxzpwdAw8X1s0yaxoo1_1280.jpg
mircea_popescu: buda, of course, is romanian for toilet
mike_c: speaking of virtual reality, i tried an oculus rift for the first time recently. mindblowing.
KRS1: Mmmm those are the eastern/European women i love so much.
KRS1: I think I need to move to somewhere in Europe.
KRS1: Probably Poland. Their womens look delicious.
mircea_popescu: prolly serbia is the cheapest atm.
mircea_popescu: kinda funny to see women that look like women declared "eastern european".
mircea_popescu: you know us chicks would look exactly the same if you made them walk everywhere and cook.
mircea_popescu: and they did back when you did.
KRS1: that oculus looks badass
BingoBoingo: Right now I'd lean towards serbia over Poland for the weather.
KRS1: Womens who look like that are probably of Euro descent. Most people in the U.S. are of immigrant descent.
mircea_popescu: serbia isn't big enough to have a weather
mircea_popescu: KRS1 ie, german.
KRS1: Except for Aborigine women..ew.
Vexual: yeah but give an east berlin chick a club and she'll just start dancing
KRS1: Aboriginal womenz http://tinyurl.com/omejnqk
KRS1: :X
KRS1: ..and that chick with the red hair is considered hawt there.
Vexual: http://images.bwbx.io/cms/2014-01-08/covertrail03_630.jpg real newspaper men still exist
assbot: [MPEX] [S.MPOE] 11000 @ 0.00084239 = 9.2663 BTC [-]
benkay`: nice, vex.
assbot: [MPEX] [S.MPOE] 14400 @ 0.00083997 = 12.0956 BTC [-]
KRS1: My last g/f was Polish-ish. She had greyblue eyes and very straight blondish-brown hair..if this is how Europen women mostly look I must go. There is no other type of woman for me.
mircea_popescu: i think europeans are mostly brunette.
mircea_popescu: course, if you stick to german lands...
assbot: [MPEX] [S.MPOE] 35850 @ 0.00083895 = 30.0764 BTC [-] {4}
Vexual: http://upload.wikimedia.org/wikipedia/commons/thumb/8/89/Venus_de_Lespugue_%28replica%29.jpg/600px-Venus_de_Lespugue_%28replica%29.jpg
assbot: [MPEX] [S.MPOE] 9090 @ 0.00083692 = 7.6076 BTC [-] {2}
Vexual: it's amazing what an ice age can do
assbot: AMAZING COMPANY!
assbot: [HAVELOCK] [SFI] 150 @ 0.001 = 0.15 BTC [+]
assbot: [MPEX] [S.MPOE] 9000 @ 0.00084367 = 7.593 BTC [+]
KRS1: Germany it is!
KRS1: Brunettes...pubes..its like the black hole..can't go down there..not down with that.
KRS1: I just love the round-robin discussion topic nature of IRC.
martjoh: Hello everyone
assbot: [MPEX] [S.MPOE] 2199 @ 0.00083798 = 1.8427 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 120 @ 0.00298649 = 0.3584 BTC [+] {3}
mike_c: hello
assbot: [HAVELOCK] [NEOBEE] 55 @ 0.00299699 = 0.1648 BTC [+]
benkay: what brings you to -assets, martjoh?
nubbins`: hi
nubbins`: so i've decided to throw some money away
Vexual: solar powered mining nubs?
nubbins`: nah. just listed a rare casascius coin on ebay, starting bid $3.8k
nubbins`: (HEH)
nubbins`: likely will lose listing fees
martjoh: benkay, I was referred and i would love just to check it out
benkay: referred by whom, martjoh? what topics pique your interest?
assbot: [HAVELOCK] [HMF] 14 @ 0.02505687 = 0.3508 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEE] 168 @ 0.002997 = 0.5035 BTC [+]
assbot: [HAVELOCK] [KCIM] 65 @ 0.003 = 0.195 BTC [-] {3}
kakobrekla: http://www.wired.com/business/2014/01/overstock-bitcoin-live/
ozbot: The Grand Experiment Goes Live: Overstock.com Is Now Accepting Bitcoins | Wired Business | Wired.com
kakobrekla: dunno im prolly late anyway
assbot: [MPEX] [S.MPOE] 27851 @ 0.00083821 = 23.345 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 64013 @ 0.00084401 = 54.0276 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 187 @ 0.0008454 = 0.1581 BTC [+]
assbot: [MPEX] [S.MPOE] 3549 @ 0.0008434 = 2.9932 BTC [-]
BingoBoingo: kakobrekla: Such a shame Roger Ver was so readily displaced as the used electronics BTC Jesus
kakobrekla: heh
nubbins`: thinking about putting linux on a touchscreen netbook for my mother. distro recommendations?
nubbins`: thinking ubuntu or mint, not sure about touch support in either
assbot: [MPEX] [S.MPOE] 26250 @ 0.00083651 = 21.9584 BTC [-]
PLambert: isn't android a linux version made for touch screens?
nubbins`: after a fashion
BingoBoingo: nubbins`: Ubuntu isn't bad for such uses so long as someone isn't betting their life on the machine
nubbins`: nah, just casual use
nubbins`: she's in her 60s
benkay: just get her an apple, nubbins`. you'll be so much less burdened with tech support...
nubbins`: i'd love to, she doesn't want to spend the $$
nubbins`: her last netbook was $300 and lasted 4 years
assbot: [MPEX] [S.MPOE] 17987 @ 0.00083651 = 15.0463 BTC [-]
PLambert: I thought Ubuntu was releasing a mobile version soon, that would imply they are trying to support touchscreens?