log
⏐︎ 25105
assbot: [HAVELOCK] [PETA] 4 @ 0.04899992 = 0.196 BTC [+] {2}
dub: https://bitcointalk.org/index.php?topic=433280.msg4848691#msg4848691
ozbot: Selling 4.13M stolen DogeCoins
dub: cant put anything past these shibes
KRS1: those dirty dogs
pankkake: scammers scamming scammers
mircea_popescu: herbijudlestoids it already has picked up considerably.
mircea_popescu: dub remarkable how calous, 3rd world teh forum has become.
dub: uh, lol?
assbot: [MPEX] [S.MPOE] 5980 @ 0.00090133 = 5.39 BTC [+]
mircea_popescu: dude is back in there bumping his shit, not a care in the world etc.
dub: like isk, doge has an implied level of lawlessness
dub: lawl'essness too
mircea_popescu: which just happens to be over 9000
mircea_popescu: anyway, teh diids pushing it should be just about running out of suckerpool. should be lulzy to see it unwind.
jurov: verily, they should build drones and take it inbetween them somewhere in desert
nubbins`: mircea_popescu: 4 hours too late, but i'm here now!
mircea_popescu: nubbins` you know that guy ?
nubbins`: which guy? not 100% caught up
mircea_popescu: DrahogErusiel
mircea_popescu: forum painter dood
nubbins`: ah, don't know him, but those paintings he's selling look amazing
assbot: AMAZING COMPANY!
mircea_popescu: well he's too clueless to know me, so do you wanna escrow his fee ?
twizt: lol amazing
assbot: AMAZING COMPANY!
assbot: [HAVELOCK] [MS] 68 @ 0.005 = 0.34 BTC
ThickAsThieves: "do you want to be a baby hitler or full grown?"
nubbins`: mircea_popescu, sure
nubbins`: sorry, stepped away
mircea_popescu: lol
mircea_popescu: nubbins` so be a darling say so in the thred.
nubbins`: sure, got a link?
nubbins`: i'll race ya
mircea_popescu: i'm screaming at wannabe pr outfits.
nubbins`: https://bitcointalk.org/index.php?topic=359006.msg4849162#msg4849162
ozbot: portraits, commissions, and original paintings by Maureen Gubia
nubbins`: "at the club, at the beach, or in the amazon. "
nubbins`: ahahahah
nubbins`: actually amazing
assbot: AMAZING COMPANY!
nubbins`: over the years, i've stopped taking "this would be great album art" as a compliment
mircea_popescu: >D
ThickAsThieves: "a company purchasing and selling convertible
ThickAsThieves: virtual currency as an investment exclusively for the company’s benefit is not a money
ThickAsThieves: transmitter. " ~ FINCEN
nubbins`: so what the fuck is mike caldwell?
nubbins`: these people..
ThickAsThieves: also,
ThickAsThieves: "The first ruling states that, to the extent a user creates or “mines” a convertible virtual currency solely for a user’s own purposes, the user is not a money transmitter under the BSA"
nubbins`: solely for a user's own purposes
ThickAsThieves: "If further clarification is needed, FinCEN encourages the submission of a request for an administrative ruling. The procedure for submission of administrative rulings can be found at FinCEN’s Web site"
ThickAsThieves: http://www.fincen.gov/news_room/nr/pdf/20140130.pdf
ThickAsThieves: the doc links to more docs with elaborations
nubbins`: not sure which "official" thread is more pathetic, asicminer or cavirtex
mircea_popescu: that's sad.
ThickAsThieves: http://seekingalpha.com/article/1980641-visas-ceo-discusses-f1q-2014-results-earnings-call-transcript?page=5
ozbot: Visa Inc (V) news: Visa's CEO Discusses F1Q 2014 Results - Earnings Call Transcript - Seeking Alpha
ThickAsThieves: asked about Bitcoin
ThickAsThieves: "And there’s certainly some interesting things about Bitcoin and other things like it, but there’s also a great deal of complexity. People talk about things like frictionless and things like that, and when you actually dig through it, it’s really not the case. It’s far more complex than that. And we feel very comfortable with the business that we have here."
mircea_popescu: famous last words.
nubbins`: he's right about frictionless
herbijudlestoids: mircea_popescu: iv counted 46 ticks over 2 days, to compare to say the S&P 500 i would expect 46 ticks every 2 minutes?
mircea_popescu: that he is.
herbijudlestoids: lets say the rate of trading goes up to 10 ticks an hour, will you still stream on irc? :D
mircea_popescu: herbijudlestoids afaik the limit is 1 per second.
mircea_popescu: (freenode's)
herbijudlestoids: coo
mircea_popescu: anyway, my point was more that the trades streamed when it was half a bitcoin worth 50 dollars, and it's still streaming when it's 50 bitcoins worth 50k
mircea_popescu: and from there to 50m is about the same distance.
herbijudlestoids: not sure if youre talking to me, but do oyu really believe BTCUSD valued at 1mio?
benkay: of course
benkay: herbijudlestoids ^^
jurov: if btc is to be small part of international trade
benkay: this is a room of true believers ;)
jurov: then it just has to go there
herbijudlestoids: well the highest valuation i had heard so far was 798,000
benkay: oddly specific number.
benkay: sounds like a winkle.
herbijudlestoids: i take notes of oddly specific numbers
herbijudlestoids: winkle?
nubbins`: voss
mircea_popescu: http://trilema.com/2013/bitcoin-prices-bitcoin-inflexibility/
benkay: something a winklevii drops on the floor and nobody wants to touch
ozbot: Bitcoin prices, Bitcoin inflexibility pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: lol ozbot delayed
nubbins`: mircea_popescu, https://bitcointalk.org/index.php?topic=359006.msg4849297#msg4849297
nubbins`: i tried!
mircea_popescu: john guy keeps disappearing.
nubbins`: nod.
mircea_popescu: anyway, not the first time cluelessnes costs a guy his bread.
nubbins`: sometimes for months at a time
nubbins`: the "salty" he mentioned, i've done business with
nubbins`: just checked to see if he's in the wot, lel: http://bitcoin-otc.com/viewratingdetail.php?nick=saltyspitoon
assbot: [MPEX] [S.MPOE] 11500 @ 0.00090076 = 10.3587 BTC [-] {3}
mircea_popescu: lol i guess it marginally qualifies.
herbijudlestoids: hmmm
deadweasel: so, mp, what kind of hitler are you?
deadweasel: on da beach? in da muff?
assbot: [HAVELOCK] [PETA] 71 @ 0.049 = 3.479 BTC [+]
mircea_popescu: no idea
mircea_popescu: artist's gotta have some freedom neh ?
deadweasel: it seems to scare him..
deadweasel: he should do one like marge did of Monty Burns.
mircea_popescu: it's a sad time we live in when the close minded burgeois scares the revolutionary artists. ☟︎
mircea_popescu: shouldn't it be the other backwards around ?
assbot: [MPEX] [S.MPOE] 12786 @ 0.00090137 = 11.5249 BTC [+]
deadweasel: i try not to should on things anymore, I'm always wrong.
jurov: benkay, what??? are we are talking about the portrait you wanted to procure?
nubbins`: relevant video, http://www.youtube.com/watch?v=Q2YLZc_gDMM
nubbins`: i may have pasted that one here before
benkay: dah what jurov?
herbijudlestoids: mircea_popescu: have you ever heard of the freegold hypothesis?
herbijudlestoids: i guess its one option you didnt consider
mircea_popescu: so i have
jurov: someone wanted to procure mirceas portrait
herbijudlestoids: i personally put some weight behind it
jurov: and asked nubbins` to paint it
mircea_popescu: herbijudlestoids i don't see how it limits btc
jurov: now i had some brainfart "that they want to paint him as hitler?"
herbijudlestoids: it doesnt necessarily
jurov: nevermind me
assbot: [MPEX] [S.MPOE] 4000 @ 0.00090342 = 3.6137 BTC [+]
mircea_popescu: herbijudlestoids for that matter, bitcoin could actually be it.
herbijudlestoids: some of the properties you apply to BTC apply equally (or more so) to gold and that is an asset that happens to already be on ECB balance sheet ;)
mircea_popescu: they don't apply to gold in any sense.
mircea_popescu: you're basically saying "the stuff i say about cars also applies to other locomobiles, such as steam powered train engines and horsedrawn carriages"
herbijudlestoids: "Nevertheless, the pressure is unyielding : people holding Bitcoins have no practical incentive to get rid of them, and people trying to get rid of their increasingly worthless dollars have no recourse. "
mircea_popescu: sure, except fundamental issues prevent either from competing with the combustion engine.
mircea_popescu: and since there's no room for 2nd place, it will just be this.
mircea_popescu: much like the us has no train infrastructure, and uses trucks for everything. trains would be more effective for trucking, but gasoline engines are more effective overall and so... trains are fucked.
herbijudlestoids: what youre proposing here is essentially BTC takes over the economic role of USD as global reserve asset
mircea_popescu: no.
mircea_popescu: it takes over the role of everyting. usd, eur, rmb, sdr, gold, stupid facebook tokens, in-game currencies like isk,
herbijudlestoids: no? so why do holders of Bitcoins have any practical incentive to hold them lol
mircea_popescu: likes, everything.
assbot: [MPEX] [S.MPOE] 2600 @ 0.00090342 = 2.3489 BTC [+]
mircea_popescu: this is why visa can't compete, not really, even if it doesn't know it yet.
herbijudlestoids: i personally feel that BTC makes a good medium of exchange but a poor store of value
mircea_popescu: they can't flawlessly merge ten billion likes into the value of an oil tanker.
mircea_popescu: that personal feel flies in the face of reality.
mircea_popescu: my wealth stored in btc has been doing better than anyone's any other wealth.
deadweasel: mircea_popescu, at some point, don't you have to start worrying about physical security.. hired goons of the status quo and whatnot?
mircea_popescu: do you ?
herbijudlestoids: so short term relative performance now equals reality? lulz
deadweasel: i am not valuable to the status quo
deadweasel: so no, not until my government runs phsyically amok
mircea_popescu: but you did buy like... a lock.
mircea_popescu: which was a % of your net worth.
mircea_popescu: herbijudlestoids well, reality is that which happens, you know ?
herbijudlestoids: mircea_popescu: so if i do a quick stock scan and find all the global penny stocks that outperformed BTC since inception, wouldnt those actually be the best store of value :/
herbijudlestoids: surely you jest
mircea_popescu: for curiosity, do this :
mircea_popescu: find penny stocks worth < 1 cent per share in 2010
mircea_popescu: that are now worth > 1000 dollars per share.
deadweasel: lol
jurov: ^ with billions total valuation
mircea_popescu: we're not talking six month's worth of pump and dump here.
mircea_popescu: we're talking four friggin years.
mircea_popescu: short term, yes. reality ? also yes.
mircea_popescu: i'm kind-of curious if he actually finds one. afaik it doesn't exist. ☟︎
herbijudlestoids: your scan parameters are wrong
mircea_popescu: how so /
herbijudlestoids: you should be looking for a 4Y ROC 100000%
mircea_popescu: 10k btc pizza actually happened in 2010.
mircea_popescu: mno. <1 cent to 1k usd = 10000000%
herbijudlestoids: sorry yea, but the scan "1c to 1k" is wrong
mircea_popescu: (technically 10k btc for a 19 dollar pizza would mean 0.19 cents each, but we'll let that slide)
assbot: [MPEX] [S.MPOE] 16200 @ 0.00090139 = 14.6025 BTC [-] {2}
mircea_popescu: so scour the entire list of known pinks for anything matching it, i'm not picky.
benkay: pinks?
mircea_popescu: you can go all the way to 1950 for all i care.
mircea_popescu: benkay they used to be printed on pink paper.
benkay: ha
mircea_popescu: that juicy moment when person suddenly realises the immensity of this shit.
herbijudlestoids: give me a sec
herbijudlestoids: took me a second to make the scan
mircea_popescu: i'ma go spank a girl till you find anything ?
mircea_popescu: poor her, that'd suck as a fate huh.
herbijudlestoids: scanning now, largest so far is BIOM on LSE 46,959%
mircea_popescu: o i remember biom
mircea_popescu: foot prosthetics or something like that they did
herbijudlestoids: ok that was the biggest one
mircea_popescu: um
mircea_popescu: actually it seems it's not what i thought it was
herbijudlestoids: about ~5 stocks in the 10-50,000 range
mircea_popescu: biome plc
mircea_popescu: well you see... 50k ain't 10mn. not even close.
jurov: http://bitbet.us/bet/745/fico-will-be-elected-president-of-slovakia/#c2416 kakobrekla unicode fail
ozbot: BitBet - Fico will be elected President of Slovakia
mircea_popescu: some guy there is seriously named FICO ?
jurov: local chars are missing
mircea_popescu: o o
jurov: yes. robert fico
herbijudlestoids: so maybe my maths is retarded but i calculated (1000-0.01)/0.01=99999%
mircea_popescu: well... i hope his credit is good...
herbijudlestoids: so how did we get 10 million?
mircea_popescu: where did you get the % from ?
herbijudlestoids: rate of change
mircea_popescu: ...
kakobrekla: jurov bitbet doesnt like your char
mircea_popescu: so on the right you get a % for free ?
mircea_popescu: (10-5)/5 = 1% ?
herbijudlestoids: o right, yea my maths is retarded gotta * 100
mircea_popescu: those last two digits are the best two digits.
herbijudlestoids: i guess up to oyu if you wanna use 4Y ROC as proof of its viability as a store of value but i dont feel very convinced
mircea_popescu: im not trying to convince you. i merely made the previous points.
herbijudlestoids: yep
mircea_popescu: fact is so far it did so work. what the future brings... the future knows.
herbijudlestoids: well it works inasmuch as you can convince people to join the BTC economy and exchange real good and services, and in cases where you cant it doesnt work
mircea_popescu: not at all.
mircea_popescu: this is like the intuition of everyone, but it's perfectly false. bitcoin works fine irrespective of what anyone does.
herbijudlestoids: i doubt you actually expect that your net worth denominated in BTC would be equal to a fraction if you tried to convert it all at once to say USD or whatever
mircea_popescu: so you doubt.
mircea_popescu: you familiar with gresham's law ?
herbijudlestoids: am i wrong? do you expect theres enough liquidity for you to make a transition like that without any loss?
herbijudlestoids: yes
herbijudlestoids: quite :)
mircea_popescu: ok so. it doesn';t matter what people do or don't do
mircea_popescu: merely the preference to save strong currencies and to spend weak ones ensures the price differential.
mircea_popescu: compared to anything else man made, bitcoin is adamantine.
herbijudlestoids: i swear i mentioned something about global reserve asset earlier
herbijudlestoids: preference to save is enforced by the marginal global saver
mircea_popescu: so i mentioned something in 2011, what of it >D
herbijudlestoids: what they save in is the store of value
herbijudlestoids: you cant just call a currency the strong one for no reason. the use of a particular asset as a store of value by the marginal global saver(s) is what gives it that characteristic
herbijudlestoids: i.e. what are those entities converting their productive surplus into
mircea_popescu: but i have an excellent statistical reason
mircea_popescu: that 10mn earlier.
mircea_popescu: no business in the history of business did anything like this
mircea_popescu: only currencies can, and only currencies do.
mircea_popescu: basically in the 2010-2014 the entire world had a zimbabwe moment ☟︎☟︎
mircea_popescu: and didn't even know it.
mircea_popescu: (much like the actual peasants of zimbabwe, what do they know of finance)
jurov: oh, they did notice ever fattening stacks of bills
mircea_popescu: i guess. and obama is increasing the minimum wage, and more qe, and more bailouts, and so on and so forth.
herbijudlestoids: im not really sure what any of the above has to do with greshams law lol
mircea_popescu: it's a better model than the "marginal saver", in that it relies less on statistical artificery.
mircea_popescu: other than the statistical reason (ie, bitcoin is the strong currency because of its history) there are actually legions of other reasons. bitcoin is fungible, unlike any other fiat
mircea_popescu: (in that no court can order the de-fungibilisation of bitcoin)
mircea_popescu: in any dispute of currency the more fungible wins, period.
assbot: [HAVELOCK] [DEALCO] 100 @ 0.00426999 = 0.427 BTC [+]
assbot: [HAVELOCK] [DEALCO] 60 @ 0.00426999 = 0.2562 BTC [+]
herbijudlestoids: i think youre a pretty smart guy, dont really want to get into a full blown thing so i will just say i disagree that through the lens of greshams law, bitcoin is the "strong currency" which savers have a preference to save in. if youre interested in maybe considering a different view heres FOFOA on the topic (a bit long) http://fofoa.blogspot.com.au/2011/06/bitcoin-open-forum-part-3.html
assbot: [HAVELOCK] [DEALCO] 50 @ 0.00426999 = 0.2135 BTC [+]
assbot: [MPEX] [S.MPOE] 9450 @ 0.00090342 = 8.5373 BTC [+]
mircea_popescu: you gotta appreciate this position is in no way novel to me, you know.
herbijudlestoids: mircea_popescu: appreciate that
mircea_popescu: for that matter, moldbug is still shy on my bet
mircea_popescu: ( http://trilema.com/2013/stage-n-bitcoin-exists/ )
assbot: [HAVELOCK] [DEALCO] 65 @ 0.00426999 = 0.2775 BTC [+] {2}
mircea_popescu: and you'll be well advised to take note that for all his childish posturing a) yarvin capitulated and tried to make his own bitcoin
mircea_popescu: b) which attempt bitcoin crushed.
assbot: [HAVELOCK] [DEALCO] 40 @ 0.00426999 = 0.1708 BTC [+]
herbijudlestoids: hmmm well i would never have argued that the USG will shutdown bitcoin or that bitcoin will be worthless, those seem like two stupid things to bet on
herbijudlestoids: although i would posit that considering the nature of centralisation of the internet currently, it might not be that hard for the USG to do so
herbijudlestoids: also i dont think bitcoin is worthless, i think it has a considerable value as a medium of exchange
decimation: I think Mr. Yarvin was correct in his analysis about the game theory of bitcoin saving
decimation: it's Gresham's law, as MP mentioned
kakobrekla: hm i didnt know davinci way gay
kakobrekla: was*
decimation: he underestimated the avarice of those who would influence USG decisionmaking
CheckDavid: how does gresham's apply to bitcoin'
herbijudlestoids: can you please explain for us retards, how "bitcoin just is"? considering it requires a globally distributed network of hosts to constantly verify and transact? fractures introduced to the network topology, or similar, seem to argue against the idea that bitcoin is simply a mathematical construct. you need compute power and communication to implement and distribute the construct
mircea_popescu: herbijudlestoids ironically, the medium of exchange function is the thing at which bitcoin sucks worst.
decimation: It exists just like the democrats and republicans exist
decimation: there's no reason why they exist really, everyone could change their minds tomorrow
decimation: yet they don't
decimation: and won't
mircea_popescu: since i'm doing a trilema retrospective apparently, here, see that : http://trilema.com/2013/bitcoin-prices-bitcoin-inflexibility/#comment-92015
herbijudlestoids: decimation: wut? is that seriously the answer?
mircea_popescu: kakobrekla srsly ?!
decimation: why not?
kakobrekla: yea
kakobrekla: www.youtube.com/watch?v=VsE0BwQ3l8U&feature=youtu.be&t=27m47s
mircea_popescu: who else did you not know was gay ? elton john ? boy george ?
mircea_popescu: queen lezzie ?
kakobrekla: i dunno, i do not study these things.
mircea_popescu: you don't study lezzies.
herbijudlestoids: mircea_popescu: the comment you sent me seems to directly contradict your statement that bitcoin will replace everything
decimation: LoL that German youtube guy "Der Diktator der Kunst ist Ideal."
Dimsler_: mircea_popescu, what are you estimate daily active users at
Dimsler_: currently
mircea_popescu: herbijudlestoids how so ?
mircea_popescu: Dimsler_ active users of what, pot ? i dunno, 50mn.
Dimsler_: btc
mircea_popescu: i have no idea. there's like 7k or so full nodes iirc.
herbijudlestoids: if it is to replace everything, how can it also "never be a direct means of payment for retail anything"
mircea_popescu: where's the contradiction ?
mircea_popescu: has electricity replaced female labour in the house or hasn't it ?
herbijudlestoids: well, i assume your "everything" includes direct means of payment for retail things, since you included even facebook ecash or whatever in your list of things it is to replace
mircea_popescu: sure, it still needs appliances.
assbot: [MPEX] [S.MPOE] 4300 @ 0.00090211 = 3.8791 BTC [-]
mircea_popescu: you're going to have stuff built on top of btc to handle the subsidiary and marginal task of retail.
mircea_popescu: but btc will dictate how these look and how they work and how they feel and even what retail is.
mircea_popescu: much like... no 1800s woman on her knees polishing the floors is much represented in the modern vacuum cleanner.
decimation: There's no reason in principle why one couldn't extend bank credit which is convertible to claims on BTC
decimation: Therefore no reason why you couldn't run a btc credit card
decimation: of course you would want a non-retarded security model
mircea_popescu: actually, to clarify, "takes over" != "replaces".
mircea_popescu: at least, not in your reading.
decimation: I'm also assuming the word "bank" means something different than the modern western concept
decimation: like, the bank knows about your actual credit riskiness, rather than just accepting fiat insurance
decimation: I donno, I came to bitcoin via Mr. Yarvin. In retrospect his doubts about Bitcoin look silly.
herbijudlestoids: ok, well im not really sure how bitcoin not being used for retail makes it a bad MoE, but ok thats your view
herbijudlestoids: decimation: not really sure what your comment re republocrats was about, very far from the answer i was looking for
herbijudlestoids: or even the type of answer
decimation: well, what I was attempting to convey was the idea that bitcoin is contingent on coordination amoung many in a mysterious way
assbot: [MPEX] [S.MPOE] 1050 @ 0.00090342 = 0.9486 BTC [+]
decimation: In the same way, the US political parties stay in power even when both obviously operate against the interests of those who are coordinating
herbijudlestoids: err if bitcoin is contingent on coordination then the statement "bitcoin just is" is false.
mircea_popescu: herbijudlestoids i merely said that out of the various functions, that happens to be the one it does worst.
assbot: [MPEX] [S.MPOE] 144 @ 0.00090708 = 0.1306 BTC [+]
mircea_popescu: doesn't mean it's bad. just means it's much better at other things.
herbijudlestoids: "bitcoin just is, as long as many coordinate in a mysterious way"
decimation: Do you think the triangle is in a simliarly precarious position?
herbijudlestoids: difference.
mircea_popescu: be so kind not to modify my statements by your discussions with third parties eh :D
herbijudlestoids: sorry mircea_popescu
herbijudlestoids: decimation: how much crack do you smoke?
decimation: Indeed.
herbijudlestoids: surely by now your dealer must know you by first name
mircea_popescu: the mark of the true junkie : he keeps a stable of dealers, rather than the other way around
kakobrekla: up his ass, or ?
mircea_popescu: lol
decimation: http://about.bloomberglaw.com/legal-news/new-york-state-regulator-promises-tough-bitcoin-rules/
ozbot: New York State Regulator Promises Tough Bitcoin Rules - Bloomberg Law
assbot: [MPEX] [FT] [X.EUR] 200 @ 0.00166253 = 0.3325 BTC [+]
mircea_popescu: lol new york, trying hard to outdo new jersey
mircea_popescu: “If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first,” Lawsky said at the hearing. ☟︎
mircea_popescu: win.
decimation: Indeed. Exactly as you predicted, the regulators are more than happy to cede currency regulation to Bitcoin, if Bitcoin allows them to crowbar their banks.
mircea_popescu: it's funny tho, making exactly the wrong moves. you couldn't pay them to be this conveniently stupid.
decimation: The hilarious part to me is that they think their "bitlicense" will allow to them dictate to bitcoin, rather than the other way around
mircea_popescu: bitcoin was taken to $10 by lulz, to $100 by lulz and drama and to $1000 by lulz, drama and mining.
decimation: It's going to go to > 1 mil based on this stuff
mircea_popescu: i guess with the extra "watch us fail" boost 10k may even be possible
decimation: It's because a few indiviuals in key positions think they can ride the wave of terror to power
Dimsler_: i think 50k will be possible
Dimsler_: i think the run up will be one that nobody will be expecting
Dimsler_: from the historical research on bubles i've read
Dimsler_: 50k is quite possible
mircea_popescu: “If that same company can be started in the U.K. or Germany, maybe that innovation just gets pushed offshore,” Liew said.
mircea_popescu: "Nobody will care that the original paper may have been written by an American and the original discussion on the long forgotten original Bitcoin forum was carried in English. I can deal just as well with Russian investors, I can deal just as well with Chinese investors, Bitcoin is completely neutral from a cultural perspective. This neutrality means that cultures will have to compete. So far the US is losing this comp
mircea_popescu: etition at this level. If things don’t get fixed soon the only thing that we’ll be able to say for sure about Bitcoin regulation will be that it won’t be written in English, and it won’t consider US interests or sensibilities."
mircea_popescu: mircea popescu said
mircea_popescu: except... you know, a little earlier.
decimation: Yep
Dimsler_: well i dont' really want to deal with the west
decimation: "
Dimsler_: btc-e is russian so is g.hash
decimation: Lawsky at times sympathized with the goals of the investors at the hearing, complaining that it could take ?days? to pay his credit card from a bank account. And he criticized fees immigrants pay to send money home, and welcomed the chance to use Bitcoin to reduce the costs.
decimation: ?That?s a huge thing, for the country and New Yorkers,? Lawsky said.
mircea_popescu: http://trilema.com/2013/the-future-of-bitcoin-regulation/
Dimsler_: both operate in secrecay
ozbot: The future of Bitcoin regulation pe Trilema - Un blog de Mircea Popescu.
Dimsler_: under silence
mircea_popescu: "This is possibly the last chance to take those piles of fundamentally worthless US dollars and use them for something with any sort of future value."
Dimsler_: the way it should be
mircea_popescu: last chance came... and went.
decimation: It's a huge thing for New Yorkers indeed.
herbijudlestoids: lol it went?
herbijudlestoids: yet it could still go to 50k?
mircea_popescu: “The Bitcoin ecosystem of companies and investors has to engage to allay real concerns and avoid being pigeonholed by policy makers,” Klein said.
mircea_popescu: ahahaha! HAS TO ?
mircea_popescu: lol. listen to them go
mircea_popescu: herbijudlestoids yup.
herbijudlestoids: implication is that its no longer possible to exchange USD for something with any sort of future value...
mircea_popescu: you're trapped in this mental representation wherein stuff can only happen with permission. this is not how things happen. your choice is whether you're on the boat when it sails or not.
mircea_popescu: your choice is not whether the boat sails, or when.
mircea_popescu: or how, or where to.
mircea_popescu: not practically, no.
mircea_popescu: technically it is still possible, but in retrospect it'
mircea_popescu: ll be one of those things that "could hav been"
assbot: [MPEX] [S.MPOE] 20128 @ 0.00090108 = 18.1369 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
herbijudlestoids: im not trapped in any such mental representation and dont really believe for example that a BTCUSD price punctuation event would need "permission" to occur lol
decimation: what controlling factor would limit its rise?
herbijudlestoids: if the possibility came and went then the implication is that people *today* have literally no option for investment...so BTCs are out for those people?
mircea_popescu: well, i dun know what you think, obviously. im merely noticing that what you say comes from this one point of view.
mircea_popescu: herbijudlestoids the article was discussing investors, you know ?
herbijudlestoids: right
Dimsler_: more lke speculators
mircea_popescu: now, people do have options. it's just they won't take them.
mircea_popescu: there's options you have, and then there's options you actually can take.
mircea_popescu: some are forbidden, some just escape your view.
herbijudlestoids: but the opportunity has not gone
mircea_popescu: technically.
herbijudlestoids: you said it has gone :P
mircea_popescu: in practice, it's gone.
assbot: [MPEX] [S.MPOE] 12550 @ 0.00089833 = 11.274 BTC [-] {2}
Dimsler_: what are we talking about
Dimsler_: whats gone?
mircea_popescu: if back in april wanna-be investors had actually invested, the us still had a chance.
mircea_popescu: should have started earlier, but there was still space.
mircea_popescu: by now... heh. hardly.
mircea_popescu: Dimsler_ link above.
Dimsler_: are we talking about btc speculation?
decimation: There are only a few more orders of magnitude of growth left before it becomes the world trade currency
mircea_popescu: decimation the people are more important.
mircea_popescu: the fact that andressen horovitz is not in the wot today dooms it.
mircea_popescu: should have been in the wot two years ago.
decimation: Or Paul Singer?
Dimsler_: fucking jew
mircea_popescu: or whoever.
decimation: http://blogs.wsj.com/moneybeat/2014/01/28/hedge-fund-manager-paul-singer-shocked-by-bitcoin-popularity/
ozbot: Hedge-Fund Manager Paul Singer ‘Shocked’ by Bitcoin Popularity - MoneyBeat - WSJ
Dimsler_: bitcoins not that popular
Dimsler_: 4mil users?
Dimsler_: lol
Dimsler_: maybe 500k active
mircea_popescu: herbijudlestoids let's examine the following avenue : maddoff's "investments" collapsed like so much termite eaten furniture.
mircea_popescu: why was this ?
mircea_popescu: "mismanagement" right ? "misrepresentation", right ?
Dimsler_: maddoff ran a pyramid scheme
Dimsler_: fed by blind greed
mircea_popescu: well... what exactly is this misrepresentation ? what is its substance ?
Dimsler_: there wasn't any
mircea_popescu: a cluelessness about the real value of assets, which may as well mean "buying US stocks" as it may mean "moving money from our account to our account"
Dimsler_: well the problem with US stocks is they all suck
Dimsler_: unless you're buying tobacco or liquor
decimation: US stocks are a trival case of the CEO's pirating money from the "investor's" 401k accounts
herbijudlestoids: madoffs investments collapsed because of a cluelessness about the real value of assets?
Dimsler_: everything else sucks
mircea_popescu: can you prove to me the entire troop of us hedge funds aren't little maddofs running around, shielded by "industry standards" ?
mircea_popescu: herbijudlestoids yes. you disagree ?
herbijudlestoids: not sure that statement made much sense to me
mircea_popescu: ok. let's get to the bottom of this.
Dimsler_: how does it not make any sense
herbijudlestoids: but i can prove to you quite easily through factor decomposition that most US hedge funds are not doing anything special at all
Dimsler_: the US stock market is a giant boiler room
mircea_popescu: maddoff's balancesheet, before the collapse, showed some assets.
mircea_popescu: right ?
Dimsler_: a game of hotpotatoe
Dimsler_: refer to current price of facebook stock
herbijudlestoids: i wish people would stop interrupting your interesting comments with inane bullshit so i can try to understand ☟︎
Dimsler_: huge market cap, little revenue
asciilifeform: "can you prove to me the entire troop of us hedge funds aren't little maddofs running around, shielded..." << i can prove that this /must/ be so
Dimsler_: little value
mircea_popescu: herbijudlestoids no such luck on irc :)
herbijudlestoids: stfu morons
mircea_popescu: lol
Dimsler_: i'm summerizing his comments
Dimsler_: into peasent english for you
Dimsler_: to understand
mircea_popescu: it'll be a pm discussion.
herbijudlestoids: your summary is about as useful as the stupid analogy that decimation gave earlier.
mircea_popescu: herbijudlestoids dja know how to use the pm system ?
Apocalyptic: keep it in the chan mircea_popescu if you can
Apocalyptic: herbijudlestoids, just /ignore people that annoy you
kakobrekla: you have just been ignored.
mircea_popescu: Apocalyptic i'll just publish the thing when we're done
TomServo: I got all excited and ran out of log. :(
kakobrekla: lmaio
assbot: [MPEX] [S.MPOE] 8100 @ 0.0009054 = 7.3337 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 18450 @ 0.00090024 = 16.6094 BTC [-]
decimation: If not bitcoin, than some other cryptocurrency. And if any cryptocurrency, than bitcoin.
decimation: asciilifeform you mention on your blog your efforts to discover the inner workings of FPGAs - have you made enough progress to create a self-modifying compute unit?
asciilifeform: decimation: depends what you mean by 'self-modifying'
asciilifeform: the protocol for pumping in the 'bitstream' is simple and documented;
decimation: I mean that it can program itself after design time
asciilifeform: the correspondence between each bit of the bitstream and the internal logic of the fpga is a $billion secret
decimation: ah
asciilifeform: the reason for this secrecy is interesting and perverse
asciilifeform: the major vendors earn far more renting out 'cores' (read: libraries, for things like ethernet and pci) than through selling the chips per se.
decimation: Why hasn't something like "opencores" largely replaced that?
asciilifeform: because the opencores libs aren't optimized for a particular fpga
asciilifeform: and therefore have mediocre-to-poor performance on most jobs
asciilifeform: take, for instance, sdram controllers
asciilifeform: if you don't optimize for a particular fpga, you can't get anything close to the maximum rated clock of the sdram in question
asciilifeform: because each logic element (incl. switch matrix) in the path is an extra few ns. of delay
asciilifeform: and the whole shebang is speed-limited by its 'weakest link' (longest delay)
decimation: Is it a clock speed question or is it a quantity of gates question?
asciilifeform: those are directly related. but yes, both.
asciilifeform: likewise, each vendor (and even particular flavours of fpga from same vendor) provides slightly different building blocks on top of the usual LUTs
asciilifeform: e.g. multipliers, shift registers, etc
asciilifeform: if your design maps well to what you have, you get decent (minimal) 'footprint' and speed
asciilifeform: if not, then not.
decimation: Interesting. So these companies make their money by building proprietary cores on top of their proprietary chips.
asciilifeform: the closed architectures are motivated not only by fear of reverse-engineered licensed cores, but
asciilifeform: they have an incentive to make it as painful as possible to write anything from scratch
decimation: So they insert an artifical layer of indirection in the hardware and give you an opaque software layer to undo it
asciilifeform: not quite artificial
asciilifeform: the internals really are somewhat complicated
decimation: So, why doesn't some no-name Chinese fab make a relatively "generic" chip and take over the market?
asciilifeform: likewise, the vendor software usually includes a mountain of 'travelling salesman' optimization trickery licensed from hell knows where
decimation: I guess it wouldn't include said trickery
asciilifeform: the chinese, according to some, do make clones of various Xilinx units
asciilifeform: but presumably they simply use pirated tool chain
asciilifeform: just like soviet pdp clones often ran unmodified pirated os
asciilifeform: that was sort of the whole point
asciilifeform: avoid the dev work
asciilifeform: you don't actually need to understand very much about an IC design to clone it.
decimation: Presuming you have the mask?
asciilifeform: you can get the mask.
asciilifeform: (it's in there, after all.)
asciilifeform: this is how soviet clones of DEC chips ended up exact duplicates, complete with the (poorly translated, with a dictionary, by DEC) profanities
Apocalyptic: mircea, fair enough
decimation: Do you think there will ever be a day when hardware makers find it in their interest to peddle hardware that has an accessible interface?
decimation: Or will they always be beholden to chasing after some lock-in dream?
asciilifeform: transparent hardware -> $, lock-in -> $$$$$$
decimation: And yet, bunnie points out that freescale has opened the docs for their ARM clone
asciilifeform: docs only, or the complete chip mask and sources for the latter ?
asciilifeform: highly doubt (2), if only because arm is a licensed product
assbot: [MPEX] [S.MPOE] 9688 @ 0.00090525 = 8.7701 BTC [+] {2}
decimation: I suspect only datasheet/programming model
asciilifeform: interestingly, the earliest (late '80s) fpgas did not have this problem
decimation: and they probably only open that because they are a two-bit player
asciilifeform: they were well-documented and extremely simple, because they were originally just a substitute for buckets of PALs/GALs
asciilifeform: no one would've dreamed of trying to implement a cpu on one
asciilifeform: a few thousand gates, max
asciilifeform: today there are fpgas with several mil. of gates, costing in the high five figures (u.s. dollar)
asciilifeform: and you still won't get layout docs
nubbins`: i downloaded an osx program the other day, double-clicked to open, "this application was not created by an authorized developer" or some such
nubbins`: had to right-click and select open
nubbins`: :(
decimation: Plus, good luck achieving max clock rate and not melting the chip
asciilifeform: decimation: the vendor toolchain usually calculates your maximum clock rate, based on theoretical path delays (usually a conservative figure, as you'd expect)
asciilifeform: nubbins`: welcome to the Nintendoized world
decimation: suppose your design occupies most of the gates and ends up clocking nearly all of them at max rate.
decimation: It seems that at some point you are going to need more current
nubbins`: asciilifeform, i always was curious about the "walled garden!!" type people who also owned consoles
nubbins`: no fuckin shit it's a walled garden, y'know?
nubbins`: that said, nothing more than a mild inconvenience to disable the feature, i'm sure
asciilifeform: decimation: vendor usually specifies a max current. and then you go, X cm^s, Y watts dissipated, need such and such heat sink...
asciilifeform: *cm^2
asciilifeform: nubbins`: don't be surprised if mac os '11' or whatnot simply refuses to run 'unsigned' apps
assbot: [HAVELOCK] [SFI] 122 @ 0.00084426 = 0.103 BTC [+]
decimation: nubbins` - I enjoyed your German painter link. "Der Diktator der Kunst ist Ideal."
decimation: that's the obvious next step for apple to take
decimation: I believe they have unofficially said as much
nubbins`: asciilifeform, that'd be the worry, but i don't think it'll happen any time soon
asciilifeform: never forget why MS bailed out apple in the '90s.
nubbins`: decimation, jonathan meese is an intense man
asciilifeform: apple is the 'good cop' in a classic 'good cop / bad cop' number.
nubbins`: don't get me wrong, they'll fuck ya raw all kinds of ways for a buck
herbijudlestoids: after a rigorous discussion on bitcoin, i always top it off with a quick
herbijudlestoids: .bait
ozbot: http://31.media.tumblr.com/tumblr_mas3ygVSjO1qeoz8ro1_1280.jpg
nubbins`: but i don't think there's enough to gain from blocking all unsigned apps for them to risk it
decimation: Ascii, have you considered that the insecurity of MS (and apple) crapware now justifies the Pentagon's budgets?
asciilifeform: decimation: i get to consider this every day, for money.
assbot: [MPEX] [S.MPOE] 13500 @ 0.00090052 = 12.157 BTC [-]
nubbins`: heh
decimation: For the amount of money the USG shovels into the beltway bandits, we could have your princely secure terminals
asciilifeform: ms turned the 'email virus' from an urban legend into reality, single-handed.
Apocalyptic: herbijudlestoids, so you guys are done ?
herbijudlestoids: im baitin arent i?
asciilifeform: the software 'industry' has the memory of an alzheimer's patient. it's like the '90s never happened.
nubbins`: the number of lost hours alone spent making websites work with ie6
asciilifeform: and ms isn't a company in the sense of, say, coca cola (or even the original 'standard oil') - it's a crown monopoly
nubbins`: (and 7, 8, 9)
asciilifeform: if no consumer ever bought a winblows pc in a retail shop again, it would survive in something close to its current size, simply from the government largesse
herbijudlestoids: asciilifeform: interesting thought, i hear yesterday the UK endorsed ODF for all documents in the future
nubbins`: "we can't open this, can you send it in .doc?"
Apocalyptic: better send it as niggers.txt
asciilifeform: the real one?
asciilifeform: or the ms 'embrace and extend'ed turd
nubbins`: odf 3.11
herbijudlestoids: they just spec ODF
herbijudlestoids: so i guess real one
KRS1: .bait
ozbot: http://24.media.tumblr.com/f9beca3d51fae9d5dc21e04e6af4d781/tumblr_movloedp6C1ssfdiao1_1280.jpg
KRS1: rawr
decimation: I guess when peasants buy computers, peasant computing is what we get
assbot: [MPEX] [S.MPOE] 8300 @ 0.00090039 = 7.4732 BTC [-] {2}
Apocalyptic: <mircea_popescu> [03:33:34] in practice, it's gone. // is it ?
mircea_popescu: for people who were curious : http://trilema.com/2014/no-argument/ the discussion
mircea_popescu: TomServo ^
herbijudlestoids: haha i got a little lost in the post where you offered 10BTC to the guy to put a sharpie in his butt
mircea_popescu: herbijudlestoids you found your way to where i used that same sharpie to rape something awful ?
herbijudlestoids: newp, reading the "I can't even" now lol
herbijudlestoids: this sentence "Right that, right there, even if she spent the entire interval nude, made soap out of her own sebum and ate food stampsvi you would not be able to cover cost." ...i feel like....i love this sentence
mircea_popescu: yw.
assbot: [MPEX] [S.MPOE] 2300 @ 0.00090024 = 2.0706 BTC [-]
assbot: [MPEX] [S.MPOE] 7300 @ 0.00089963 = 6.5673 BTC [-] {2}
decimation: I like the shout-out to "ham radio"
asciilifeform: re: the btcapocalypse: still seems to me like it would be wise to invent the parachute before, rather than after, being pushed out of the plane.
herbijudlestoids: asciilifeform: pls explain for retards
asciilifeform: would help to get the 'ham radio' / mesh network / btc-over-pigeon system now, rather than when it becomes the only possible means of running the network.
assbot: [MPEX] [S.MPOE] 17574 @ 0.00090052 = 15.8257 BTC [+]
decimation: indeed, that sounds quite fun
mircea_popescu: asciilifeform the one critique i have to this is that should it be invented afore, it'll then necessarily be known afore. this is perhaps unideal. bitcoin was invented before or after ? does it work because it was invented after ? would it have, were it invented before ?
herbijudlestoids: asciilifeform: i agree with the idea of building the infrastructure so that it doesnt necessarily need the internet
mircea_popescu: admitting you agree the parachute moment was at the latest nixon
assbot: [MPEX] [S.MPOE] 326 @ 0.00090194 = 0.294 BTC [+]
asciilifeform: my argument isn't even that 'the great anti-btc firewall of earth' is coming, but that modern telecom is an extremely fragile beast
mircea_popescu: restructured like that i have nothing.
asciilifeform: mesh net is surprisingly easy, but largely non-existent because there is very little commercial incentive
asciilifeform: (actually, strong incentive in the other direction)
herbijudlestoids: there is a couple of interesting mesh options happening
herbijudlestoids: the obvious ones everyone knows about
herbijudlestoids: but also gnunet has some support for the concept, including the ability to inject packets directly onto a WLAN device without need any existing network
asciilifeform: even ignoring various 'license-free' radio bands, you can easily send bits to everyone on your side of your mains power step-down transformer
decimation: http://www.wired.com/threatlevel/2011/01/egypt-isp-shutdown/
ozbot: Egypt Shut Down Its Net With a Series of Phone Calls | Threat Level | Wired.com
decimation: ?There are a handful of big providers you would need to coordinate with and they are all licensees of the state telecom, so they are all beholden to the Telecommunication Regulatory Authority, so your license is dependent on following the rules,? Labovitz said.
asciilifeform: anyone interested in the subject would do well to understand the basic principles of 'spread spectrum'
herbijudlestoids: i would bet on this for mesh: http://en.wikipedia.org/wiki/GNUnet
herbijudlestoids: new version out recently for 30c3
asciilifeform: where, in principle, one can radiate sufficiently little at any given point of spectrum to make classical triangulation virtually impossible
herbijudlestoids: mesh adoption is sort of like bitcoin adoptoin tho
herbijudlestoids: how do you convince everyone to run a client, and in the end most "consumers" run it from the cloud anyway
asciilifeform: since this would have to be a piece of physical hardware, the only solution afaik is to manufacture a tremendous number of widgets and give them away.
herbijudlestoids: oooo
herbijudlestoids: thats an interesting idea.
assbot: [MPEX] [S.MPOE] 6550 @ 0.00090194 = 5.9077 BTC [+]
asciilifeform: bonus points if you can engineer the net to make operating a node a profitable affair, like btc mining
herbijudlestoids: theres one like that, tornet
herbijudlestoids: i mentioned it to those bitcloud cunts but they didnt care
herbijudlestoids: too busy hyping
asciilifeform: in fact, now that i think of it, btc is the missing puzzle piece in the ancient problem of bootstrapping a global radio mesh.
herbijudlestoids: admittedly i dunno how mature the code is or what. https://github.com/bytemaster/tornet
Duffer1: S.NSA's next project ascii? :P
asciilifeform: no, just idle wankery
herbijudlestoids: .bait
ozbot: http://24.media.tumblr.com/fea5bcb598057af6a03fea1481a8ade8/tumblr_modk7pS59M1r71nhmo1_500.jpg
mircea_popescu: asciilifeform> in fact, now that i think of it, btc is the missing puzzle piece in the ancient problem of bootstrapping a global radio mesh. << /me grins
mircea_popescu: btc is in fact the missing piece in the ancient problem of bootstrapping everything of this sort.
jayk: ;o
kakobrekla: even the parachute.
mircea_popescu: fun fact : parasuta is, in romanian, yet another word for whore.
herbijudlestoids: do romanians have lots of words for whore?
mircea_popescu: possibly the most.
herbijudlestoids: wow they do.
herbijudlestoids: but your one isnt on there
herbijudlestoids: http://translate.google.com/#auto/ro/whore
mircea_popescu: petarda (ie, firecracker) ; zdreanta (used scrap of cloth) ; there's prolly 100+
herbijudlestoids: ah right you include colloquialisms
mircea_popescu: all romanian is one huge colloquialism
mircea_popescu: lele actually wouldn't be recognised as such. it's a disused word and most speakers would only take it as an antiquated form for older sister/girlfriend
mircea_popescu: dama either, it roughly covers the us "dame"
herbijudlestoids: yeah you can see the little bar next to it shows google isnt as sure as for the other words
mircea_popescu: jesus google is shitty, there's a conjunctive verbal form there, definitely can't work as a noun nor does it mean whore.
mircea_popescu: a yeah.
mircea_popescu: wait, drab means whore in english ?!
herbijudlestoids: probly the entire thing is done by machine learning and no validation ;)
herbijudlestoids: so to the machine, somehow drab is somewhere on the synonym chain for whore
mircea_popescu: no, it does. won\der of wonders.
mircea_popescu: hey kakobrekla : it's not just slovenly, it's also slatternly!
mircea_popescu: does slatterna exist somewhere around /
herbijudlestoids: haha slatterna is a place in sweden
herbijudlestoids: ho ho ho i wonder
mircea_popescu: ;;google trilema poftiti la muie
gribble: No matches found.
mircea_popescu: eh come on.
mircea_popescu: btw herbijudlestoids do yourself a favour get in the wot today.
herbijudlestoids: im in it, do you mean identify myself?
mircea_popescu: o you are ? ok then.
mircea_popescu: noobs usually don't figure it out/need prodding.
herbijudlestoids: vexual and bingoboingo told me to go on i tthe other day
herbijudlestoids: i signed up because i do what im told!
mircea_popescu: good for you
herbijudlestoids: but nobody will rate me, so i cant rate bingoboingo as a 10 based on his sexual attractiveness
mircea_popescu: o you know those two drunks ?!
herbijudlestoids: i do not know them specifically except in their capacity as people i also briefly spoke to on this chan :P vex at least lives in same country and likes similar music
Duffer1: i suspect at least one of his buttcoins is actually him...
mircea_popescu: well... at least i presume vexual drinks. tho it could be any number of things :D
herbijudlestoids: whats the point of being on the WoT? dont i need to transact to get rating? i dont plan on transacting :P
herbijudlestoids: well not soon anyway
Duffer1: even if you don't transact you're still learning the right habits
mircea_popescu: the point is that if anyone needs to figure out wtf you're up to they know who to ask
Duffer1: gpg is useful knowledge
mircea_popescu: ie, the people they know that rated you
herbijudlestoids: yeah i knew gpg and stopped using it when they invented OTR
mircea_popescu: otr is a diff usecase.
herbijudlestoids: literally had to create a new key cos i forgot my password
herbijudlestoids: well, it wasnt for me obviously ;)
mircea_popescu: lol
herbijudlestoids: i think i have not signed or encrypted anything with a GPG key in years
mircea_popescu: otr ensures you that your messages can only be read at one point on the network, and that once the conversation is ended anyone could have written it.
mircea_popescu: gpg keeps the content of the conversation secret.
herbijudlestoids: let me explain: i used to conduct various communications using GPG over email. now i use a combination of tails, i2p and pidgin+OTR or i2pmessenger+OTR
herbijudlestoids: thats why i stopped using GPG
mircea_popescu: was i2p strong ? i don't even remember
herbijudlestoids: strong enough for my purposes
herbijudlestoids: i was a user back when it was just iip over irc so i guess iv got a softspot for it
mircea_popescu: o look, they got .i2p
mircea_popescu: hey, did namecoin end up stealing THEIR code ?
herbijudlestoids: what do you mean? afaik .i2p is not a globally resolvable namespace
herbijudlestoids: its just like a hostsfile except called addressbook
mircea_popescu: you know there's a coin that basically does dns
mircea_popescu: sort-of
herbijudlestoids: are you talking of namecoin?
herbijudlestoids: personally i prefer implementations like the GNUnet Name System (GNS)
mircea_popescu: yeah.
herbijudlestoids: but dont have much requirement for globally resolvable namespace in darknets anyway
herbijudlestoids: (personally)
herbijudlestoids: i thought there was some flaw discovered in namecoin that killed adoption
mircea_popescu: not afaik
kakobrekla: you cant kill something that isnt there
herbijudlestoids: http://www.coindesk.com/namecoin-flaw-patch-needed/
herbijudlestoids: is that article incorrect?
mircea_popescu: a, no. it's just more recent than i've been paying attention.
Apocalyptic: it's been resolved since
mircea_popescu: i have more like a 6 months span on stuff that far on the periphery
herbijudlestoids: Apocalyptic: o so patched and all good again?
Apocalyptic: yup
herbijudlestoids: maybe i should convert my 0.02BTC into NMC and buy mpex.bit
herbijudlestoids: just to piss off mircea_popescu
herbijudlestoids: :D
mircea_popescu: lol save it for when you run into teh trilema paywal
Apocalyptic: then sell it for 100btc
mircea_popescu: lol there's going to be the piss-mp-off gem on the fgorum, people buying it from each other on the grounds that any day now it'll piss me off
Apocalyptic: lol, someone registered impex.bit, but mpex.bit is still free
Duffer1: mpex.bit the latest fuffle
Apocalyptic: get it while it's hot
assbot: [MPEX] [S.MPOE] 15498 @ 0.00090315 = 13.997 BTC [+] {3}
assbot: [HAVELOCK] [PETA] 5 @ 0.04998999 = 0.2499 BTC [+]
herbijudlestoids: seems cheap for domains
herbijudlestoids: 0.01NMC, you could register every word in the english dictionary for not much NMC
herbijudlestoids: compared to how much itd cost to get the equivalent .coms
Duffer1: seems like an interesting way to attack the coin
Duffer1: buy the dictionary
mircea_popescu: wasn't there some sort of limit in place ?
Duffer1: oh no idea
Apocalyptic: not afaik mircea_popescu
Apocalyptic: and how would you enforce such a limit ?
assbot: [HAVELOCK] [PETA] 11 @ 0.04999813 = 0.55 BTC [+] {2}
mircea_popescu: Since domains are extremely cheap to obtain with Namecoin, and registered domains cannot be seized (they can only be transferred by their owner), Namecoin has had problems with cybersquatters buying up domains, hoping to resell them later for a profi
mircea_popescu: seems the dictionary's already bought, pretty much.
Duffer1: that's unfortunate
Duffer1: i can't imagine how they'd solve that issue
Duffer1: other than by making domains unrealistically expensive
mircea_popescu: there's no good solutions to thisproblem.
Apocalyptic: ^
decimation: https://www.grc.com/sn/sn-439.txt
decimation: Ziff-Davis did some research using some of the bitcoin chain tracking software, tracing four addresses which were used and were determined from multiple CryptoLocker victims who, after paying their money, made public the address that they had sent payment to. The CryptoLocker extortionware acquired a total of 41, just shy of 42,000 bitcoins, 41,928 bitcoins.
mircea_popescu: lol is this the nut with the "fix your harddrive spin" nonsense /
decimation: heh yeah. sorry I couldn't find a better reference.
decimation: he has a mildly informative podcast which occasionally has interesting tidbits
mircea_popescu: anyway, this seems dubious on the face.
mircea_popescu: dudes had to pay what, 2btc each ?
herbijudlestoids: yea 2 for the first version and then less for v2
mircea_popescu: if they get the 42k value by looking at which addresses those 2 btc were spent
decimation: They dropped it to 0.3 btc
mircea_popescu: they're 99% certain looking at some exchange hotwallet.
herbijudlestoids: steve gibson lol
herbijudlestoids: didnt cryptome shit all over him years ago?
decimation: Certainly whoever wrote that virus wouldn't be dumb enough to use unique addresses?
mircea_popescu: who didint ? lol
mircea_popescu: decimation i never read it, dunno.
mircea_popescu: anyay, this has been enough excitement for one day. take care all!
herbijudlestoids: byes
herbijudlestoids: Apocalyptic: do you run the namecoin software?
decimation: herbijudlestoids did you read the moldbug essay to which your FOFOA link points?
bloctoc: http://www.ft.com/intl/world
ozbot: World News - latest world news headlines - FT.com
bloctoc: sorry about that
herbijudlestoids: decimation: i did not admittedly.
herbijudlestoids: is it worthwhile, or poor?
decimation: Perhaps I am deluded, but I thought it clarifed matters w.r.t. currency adoption
decimation: The "Ben Graham" analysis of bitcoin yeilds nonsense
decimation: but the same is true of gold
herbijudlestoids: yes, thats why i brought up FOFOA, because a few of the things mircea mentioned were very similar to things FOFOA has said about the concept of freegold
herbijudlestoids: i do not compare gold (or btc) to stocks when evaluating its job as a store of value
assbot: [HAVELOCK] [DEALCO] 88 @ 0.00428976 = 0.3775 BTC [+] {2}
decimation: do you have a reference on your freegold idea?
herbijudlestoids: FOFOA is the reference
herbijudlestoids: would you like some links? easiest to google fofoa freegold and in the sitemap on google are a bunch specifically on the topic
herbijudlestoids: http://fofoa.blogspot.com.au/2011/01/freegold-foundations.html is a good place to start
ozbot: FOFOA: Freegold Foundations
assbot: [MPEX] [S.MPOE] 4202 @ 0.00090567 = 3.8056 BTC [+]
decimation: thanks
herbijudlestoids: full disclosure i converse with FOFOA occassionally and some market info and thoughts i have passed onto him have been included in some of his work. i claim no particular insight just provided otherwise proprietary market information
decimation: Moldbug would seem to argue that Bitcoin is harder than gold, by virtue of its finite supply
herbijudlestoids: yes, FOFOA also
decimation: but FOFOA seems to argue that gold is held in stronger hands
herbijudlestoids: the argument is much more nuanced than that
herbijudlestoids: its about roles, what asset plays what role to the aggregate world aka "superorganism"
herbijudlestoids: right now, USD plays the role of reserve asset (i.e. store of value), medium of exchange and unit of account globally and especially in the case of marginal producers
herbijudlestoids: EUR was by design (4 decades in the making) to take the role of USD on its eventual failure in those roles, but only in the roles of medium of exchange and unit of account
herbijudlestoids: store of value for marginal producers/savers to be carried out in gold (see ECB balance sheet)
herbijudlestoids: FOFOA argument is that bitcoin versus USD is a non competition, real competition is BTC versus "what comes next" i.e. EUR+Gold
herbijudlestoids: and while BTC might make an elegant medium of exchange it wont be adopted as a reference point like EUR since its hard
herbijudlestoids: the implicit assumption is that the MoE should be soft, grow/contract along with the economy
assbot: [MPEX] [S.MPOE] 16100 @ 0.00089625 = 14.4296 BTC [-] {2}
herbijudlestoids: this all goes back to mises regression theory, that money is whatever people (especially the marginal producer/consumer aka saver/borrower) use for money. ECB, peoples bank of china, oil surplus like Saudis all understand gold in the role of store of value, therefore gold is the store of value
herbijudlestoids: demand gives the value, so unless ECB and saudis start demanding to save in BTC it will never be store of value
herbijudlestoids: im not giving my opinion here, just trying to decode the msg
decimation: Okay, but the question is: what will the saudis demand in the future?
herbijudlestoids: yesterday today and in the future the saudis have always demanded gold
herbijudlestoids: even in the advent of the petrodollar, under the assumption the dollars could be redeemed on the spot market for physical gold
herbijudlestoids: http://fofoa.blogspot.com.au/2010/10/its-flow-stupid.html
ozbot: FOFOA: It's the Flow, Stupid
herbijudlestoids: http://fofoa.blogspot.com.au/2010/10/flow-addendum.html
ozbot: FOFOA: Flow Addendum
decimation: Interesting. I must log now, but I will read through this in the future.
herbijudlestoids: hullo BingoBoingo :)
BingoBoingo: Hello herbijudlestoids
KRS1: Why, hello here.
BingoBoingo: herbijudlestoids: I am trying to get some play sports book to let a freiend who hasn't cared for long enough's funds
BingoBoingo: It seems like a rather futile enterprise to try, but if the Doge'ers are as brazen as they seem to be now.
BingoBoingo: herbijudlestoids: Have you ever given thought to the possibility the universe just might hate R and want to make a mockery of it.
[\]: same way tor did
[\]: non existant problem, basically
herbijudlestoids: BingoBoingo: nope :)
BingoBoingo: Before the end of February I imagine my site is going to requite a niggers.txt file
herbijudlestoids: i luv teh R, whats your beef?
herbijudlestoids: do you wanna see my new tick distribution from the last 48h? this is per 10 tick returns
BingoBoingo: herbijudlestoids: That common LISP or PYthon could be less verbose.
BingoBoingo: herbijudlestoids: How do yoy know I don't have better deets
herbijudlestoids: i can do in R in about 5 lines what takes ~100 lines in python
BingoBoingo: or care about moves measured in minutes or days.
herbijudlestoids: BingoBoingo: you might, i dunno, i just thought you migh tlike to see it, i pulled the data from #bitcoin-assets-trades and processed in R :)
herbijudlestoids: when i get more data i will do some lower resolution graphs
herbijudlestoids: not much point doing a daily returns distribution when youv only got 2 days
BingoBoingo: herbijudlestoids: I don't speak R to the computer for the same reason I don't speak Attic Greek in conversation
herbijudlestoids: and? whats the reason? lol
BingoBoingo: Ancient lights is the reason
BingoBoingo: Attic Greek is old enough skipping to Sabine taming Latin is reasonable. R is old enough skipping to Python is reasonable (though Ruby is never reasonable).
herbijudlestoids: python cannot do what i can do in R in so few lines.
herbijudlestoids: https://gist.github.com/sinner-/8727386
ozbot: gist:8727386
herbijudlestoids: thats a simple example BingoBoingo, how do i do line #10 in python like i do it in R?
herbijudlestoids: (in one line, like that)
assbot: [MPEX] [S.MPOE] 17700 @ 0.00090306 = 15.9842 BTC [+] {2}
BingoBoingo: herbijudlestoids: line # 10 from what source?
herbijudlestoids: the gist i just pasted?
BingoBoingo: herbijudlestoids: I mean if you want letter perfect code Common LISP is the language, but in the garbage you pasted I can't say if you are protecting from garbage overloads or some shit.
herbijudlestoids: the thing is i know, because i used to do all my analysis in python and found R to be much quicker
herbijudlestoids: still code most everything else in python
herbijudlestoids: and my day to day job is openstack, all python
herbijudlestoids: BingoBoingo: you called my code garbage :(
assbot: [MPEX] [S.MPOE] 4550 @ 0.00089996 = 4.0948 BTC [-]
BingoBoingo: herbijudlestoids: I said nothing about your mystery code. I called your language garbage though
Diablo-D3: http://www.hyperbutts.com/
ozbot: BUTTS BUTTS BUTTS
Diablo-D3: wtf
assbot: [MPEX] [S.MPOE] 4600 @ 0.00090577 = 4.1665 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 20471 @ 0.00090742 = 18.5758 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 11500 @ 0.0009026 = 10.3799 BTC [-] {2}
BingoBoingo: Diablo-D3: Just remember I am not Paleo, and I will hunt you down and cover you with flower.
Diablo-D3: and I will have you arrested for attempted murder and you will spend your days in prison
assbot: [MPEX] [S.MPOE] 6234 @ 0.00090666 = 5.6521 BTC [+] {4}
assbot: [HAVELOCK] [SFI] 703 @ 0.00083097 = 0.5842 BTC [-] {5}
assbot: [HAVELOCK] [DEALCO] 100 @ 0.00446 = 0.446 BTC [+]
BingoBoingo: Diablo-D3: When rash ==murder maybe.
assbot: [MPEX] [S.MPOE] 2600 @ 0.00089996 = 2.3399 BTC [-]
assbot: [MPEX] [S.MPOE] 16391 @ 0.00090499 = 14.8337 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 2400 @ 0.00090479 = 2.1715 BTC [-]
assbot: [MPEX] [S.MPOE] 12200 @ 0.00090356 = 11.0234 BTC [-]
assbot: [MPEX] [S.MPOE] 900 @ 0.00090788 = 0.8171 BTC [+]
assbot: [MPEX] [S.MPOE] 7900 @ 0.00090485 = 7.1483 BTC [-] {2}
KRS1: .bait
ozbot: http://31.media.tumblr.com/ee73effbf6d015f77c47cd03ba550ac7/tumblr_mld8f1pbJ01rp2wfyo1_500.jpg
KRS1: HAWT
BingoBoingo: Bitch wants me to insure their BTC balances though doesn't want my niggers.txt. Loser?
assbot: [MPEX] [S.MPOE] 6488 @ 0.00090242 = 5.8549 BTC [-]
assbot: [MPEX] [S.MPOE] 12553 @ 0.00090134 = 11.3145 BTC [-]
assbot: [MPEX] [S.MPOE] 24100 @ 0.00090597 = 21.8339 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 6700 @ 0.00090134 = 6.039 BTC [-]
assbot: [MPEX] [S.MPOE] 7000 @ 0.00090605 = 6.3424 BTC [+]
assbot: [MPEX] [S.MPOE] 8588 @ 0.00090722 = 7.7912 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 51509 @ 0.00090884 = 46.8134 BTC [+] {5}
assbot: [MPEX] [S.MPOE] 4503 @ 0.00090974 = 4.0966 BTC [+]
assbot: [MPEX] [S.MPOE] 12197 @ 0.00090202 = 11.0019 BTC [-]
assbot: [MPEX] [S.MPOE] 5400 @ 0.00090495 = 4.8867 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 2500 @ 0.00090685 = 2.2671 BTC [+]
assbot: [MPEX] [S.MPOE] 3900 @ 0.00090491 = 3.5291 BTC [-]
assbot: [MPEX] [S.MPOE] 2485 @ 0.00090491 = 2.2487 BTC [-]
herbijudlestoids: heavy trading in MPOE tonight
assbot: [MPEX] [S.MPOE] 10365 @ 0.00090638 = 9.3946 BTC [+] {2}
herbijudlestoids: http://www.youtube.com/watch?v=BlGqZ-VHQVc
ozbot: The Curious incident of Big Poppa - The Notorious XX - Wait What - YouTube
assbot: [MPEX] [S.MPOE] 3985 @ 0.00091086 = 3.6298 BTC [+]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00090134 = 9.8246 BTC [-]
assbot: [MPEX] [S.MPOE] 5715 @ 0.00090415 = 5.1672 BTC [+]
assbot: [HAVELOCK] [PETA] 5 @ 0.04999994 = 0.25 BTC [+]
assbot: [MPEX] [S.MPOE] 9068 @ 0.00090747 = 8.2289 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 12862 @ 0.00091238 = 11.735 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 2591 @ 0.00091695 = 2.3758 BTC [+]
assbot: [MPEX] [S.MPOE] 138 @ 0.00091572 = 0.1264 BTC [-]
assbot: [HAVELOCK] [PETA] 12 @ 0.04999994 = 0.6 BTC [+]
assbot: [HAVELOCK] [AM100] 26 @ 0.0056 = 0.1456 BTC [-]
assbot: [HAVELOCK] [AM1] 13 @ 0.61531686 = 7.9991 BTC [+] {7}
assbot: [HAVELOCK] [AM1] 12 @ 0.645 = 7.74 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 11276 @ 0.00091504 = 10.318 BTC [-] {2}
assbot: [HAVELOCK] [CFIG] 100 @ 0.11253783 = 11.2538 BTC [+] {25}
assbot: [HAVELOCK] [HMF] 12 @ 0.02860175 = 0.3432 BTC [-] {4}
assbot: [HAVELOCK] [PETA] 52 @ 0.04899228 = 2.5476 BTC [-] {5}
assbot: [HAVELOCK] [HMF] 20 @ 0.0286 = 0.572 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 11100 @ 0.00091311 = 10.1355 BTC [-]
assbot: [HAVELOCK] [AM100] 75 @ 0.00577253 = 0.4329 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 4000 @ 0.00288388 = 11.5355 BTC [+] {16}
assbot: [MPEX] [S.MPOE] 2250 @ 0.00091437 = 2.0573 BTC [+]
assbot: [MPEX] [S.MPOE] 6000 @ 0.00091278 = 5.4767 BTC [-]
assbot: [HAVELOCK] [AM100] 50 @ 0.00579999 = 0.29 BTC [+] {3}
assbot: [HAVELOCK] [PETA] 13 @ 0.04999993 = 0.65 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 9450 @ 0.00091398 = 8.6371 BTC [+]
assbot: [HAVELOCK] [DEALCO] [PAID] 5.00000000 BTC to 50`000 shares, 10000 satoshi per share
assbot: [MPEX] [S.MPOE] 3025 @ 0.0009161 = 2.7712 BTC [+]
assbot: [HAVELOCK] [DEALCO] 95 @ 0.00429 = 0.4076 BTC [+]
mircea_popescu: http://bitbet.us/bet/745/fico-will-be-elected-president-of-slovakia/
ozbot: BitBet - Fico will be elected President of Slovakia
mircea_popescu: lol check out the slovaks having fun
mircea_popescu: and we didn't even know the city exists!
assbot: [MPEX] [S.MPOE] 16519 @ 0.00091246 = 15.0729 BTC [-] {4}
assbot: [HAVELOCK] [AM1] 4 @ 0.63749999 = 2.55 BTC [-] {3}
jurov: city?
mircea_popescu: hm ?
assbot: [HAVELOCK] [AM1] 2 @ 0.64789999 = 1.2958 BTC [+] {2}
KRS1: https://mtgox.zendesk.com/entries/26501000-Statement-Regarding-BTC-Withdrawal-Delays
KRS1: 0 people found this useful
ozbot: Statement Regarding BTC Withdrawal Delays : Support Desk
jurov: <mircea_popescu> and we didn't even know the city exists! << which city you mean?
KRS1: I personally did not find it useful. There were not pictures of clowns or anything colorful on that pr.
assbot: [MPEX] [S.MPOE] 5124 @ 0.00090967 = 4.6611 BTC [-]
mircea_popescu: slovakia!
truffles: lol
mircea_popescu: KRS1 well that may have something to do with 0 people using mtgox you know.
KRS1: They need more clowns.
mircea_popescu: truffles whatcha lolling at ? here's a fun fact : Slovakia : 18,933 sq miles (49,036 km²) ; LA : 33,954 sq mi (87,490 km2)
mircea_popescu: just because most of their city is undeveloped doesn't mean it's not a city now :D
jurov: ah yes. we have a joke about this
jurov: fico comes to china (he likes to go there) and they ask him: how many slovaks there are?
jurov: "5 million"
mircea_popescu: wow omfg this is a romanian joke!
jurov: "And in which hotel do you stay?"
mircea_popescu: hahaah
truffles: i laugh with u mp
mircea_popescu: ok, check out the romanian variant :
mircea_popescu: there's this ethnic group in romania, living in Oltenia (the south west), called olteni. they have a reputation of being sorta hillbilly-ish. ☟︎
mircea_popescu: so, one day these guys (about 2mn total) declare war to china.
mircea_popescu: the chinese are kind-of shocked, spend about a week trying to find large enouygh maps so this Oltenia is shiwn on them
mircea_popescu: eventualy they discover it's a province of Romania and not even autonomous, so they tell their ambassador at Bucharest to go on a trip to Caracal and see what in the fuck.
mircea_popescu: "Hello nice people. Did you send us a declaration of war ?!"
mircea_popescu: "Yes we did."
mircea_popescu: "But why ?!"
mircea_popescu: "None of your business"
mircea_popescu: "But do you realise the great nation of Han is over a billion strong ? That the US falls over itself to do whatever we tell them to ? That we can call under arms about a quarter billion people within two weeks ?"
mircea_popescu: at which point the local troop is taken aback and they turn around to speak among themselves
mircea_popescu: "Hmm... so many chinese... where the fuck do we burry them all ?!"
truffles: so interesting
jurov: heh
mircea_popescu: happens to be one of my favourite jokes :D
mircea_popescu: tho i guess it's an aquired taste.
mircea_popescu: but don't worry, i'll tell it again so it becomes funny.
mircea_popescu: here goes :
wao-ender: :D
truffles: look at u acknowledging differences
truffles: next ull be understanding what sarcasm is hmmm
chetty: http://www.bloomberg.com/news/2014-01-30/visa-s-scharf-says-traditional-payment-networks-trump-bitcoin.html?cmpid=yhoo
KRS1: Once the 3 quarter billion chinese are armed they should take out their communist government for a shot at some freedom.
mircea_popescu: http://www.myfoxny.com/story/24588158/argentines-jockey-to-cope-with-economic-turmoil
mircea_popescu: "We don't trust anything anymore. Not even the banking institutions," Partcha said. "I had saved in dollars, and when the banks froze deposits in 2001, I got pesos back and lost my money."
mircea_popescu: KRS1 they really don't seem to want to.
mircea_popescu: they seem more inclined to take out the us socialist government.
mircea_popescu: chetty yeah we lolled all about it yest.
jurov: well, slovak (and i think other) policemen have similar problem, too
jurov: one comes home and wife tells him
jurov: honey, i have a good message
jurov: i'm pregnant, we'll have 5th child
jurov: he replies: nooooooooooooo
jurov: every 4th child is chinese!
jurov: *5th
mircea_popescu: ahaha
mircea_popescu: so i take it slovak policemen go around in pairs because one can read, one can write, too, right ?
jurov: yes
mircea_popescu: turns out the slovaks invented all teh romanian jokes :D
wao-ender: :D
wao-ender: oh, that one is fav
jurov: it has alternate point
jurov: "Because one never knows."
mircea_popescu: lol
mircea_popescu: that one doesn't gramatically work in romanian.
mircea_popescu: how do you say it in slovak ?
jurov: Jeden nikdy nevie.
mircea_popescu: jeden being one ?
jurov: yes
mircea_popescu: what's den ?
jurov: den is day but that's unrelated
mircea_popescu: how do you say "i drink" ?
jurov: ja pijem
mircea_popescu: how do you say "she drinks me" ?
truffles: 0.0
mircea_popescu: what, it's a transitive verb.
jurov: depends
jurov: ona ma pije
mircea_popescu: haha. depends. ok, how do you say "she drinks my drink" ?
jurov: but if you were to say she goes on my nerves, then
jurov: ona mi pije krv
jurov: she is drinking my blood
mircea_popescu: ja ma mi, so jenen is in fact "one". romanian doesn't have it. there's cineva = somebody, but there's no "one" as an impersonal Is person.
jurov: it's any impersonal person, not just 1st
mircea_popescu: myeah.
mircea_popescu: jeden nikdy nevie = nu se stie niciodata. a sti, to know, se stie is roughly the subjonctive. so the function is done by the verb rather than by a pronoun.
Neil: subjonctive: Is that franglais or sthg?
mircea_popescu: it's a mood, comes from latin
Neil: Cross between subjonctif and subjunctive. :)
mircea_popescu: english has it, very a ok, subjunctive then.
Neil: If I were you etc. not if I was you
truffles: if i was yous
Neil: Much more prevalent in French than English
mircea_popescu: yeah. english has it but it's mostly... unknown so to speak.
KRS1: instead of learning slovakian, might want to start learning chinese
truffles: or english :D
mircea_popescu: i've yet to meet a sexy chinese woman.
KRS1: wut
mircea_popescu: srs.
KRS1: I have one for you, then tell me.
Neil: mircea_popescu: Dude.
mircea_popescu: what can i tell you!
truffles: millions of chinese, not one hot hmm
KRS1: Mayne she's not 100% chinese, I shall summon her.
mircea_popescu: i don't go for the entire "hello my face is a pancake" thing
KRS1: HAHA
jurov: KRS1: i agree, though, you can talk russian at suprising number of places
Neil: pancake? I think you have the wrong nationality
mircea_popescu: jurov the structure seems pretty russian really.
truffles: ignorance is bliss
mircea_popescu: neil compare and contrast : http://i.telegraph.co.uk/multimedia/archive/02650/xian_2650754b.jpg http://1.bp.blogspot.com/-z1At_HUDfFI/UAYQ0yqTDuI/AAAAAAAAA2E/eKX426QljfU/s400/Tea_Leoni%2BJune_2005.jpg
Neil: Wow how tf did you pull that up in 10 secs
mircea_popescu: i have ppls working for me,
mircea_popescu: and i make them do the stupidest shit
truffles: lol
truffles: sweet life
mircea_popescu: i think entire retirements will consist of strictly cataloguing the insanity that went on back in this day.
Neil: Koreans have noticeably "flat" faces but not Chinese. I've met plenty hot Chinese women and I live in Japan. Maybe you should move to Asia :)
assbot: [MPEX] [S.MPOE] 8140 @ 0.00091695 = 7.464 BTC [+]
mircea_popescu: well sure. i don't propose the chinese are racially ugly. ☟︎
mircea_popescu: i'm just sayin', ive not met the good ones.
KRS1: mircea_popescu: I feel the same way you do on that. The bitch in this video is an exception I think.
KRS1: Behold, your chinese dream woman.
KRS1: http://www.youtube.com/watch?v=vldh7oQD-a4
ozbot: George Michael - I Want Your Sex (Stereo Version) - YouTube
KRS1: 3:15 ftw
truffles: good song!
mircea_popescu: "This video contains content from VEVO. It is restricted from playback on certain sites."
Neil: Some Chinese gals are really good fun. Don't take life too seriously.
KRS1: f'n a truffles.. He killed it in the 80's with that album, and other hits.
mircea_popescu: see, vevo ruins my sex prospects.
truffles: yea
mircea_popescu: anyway, lunch. love you all.
truffles: http://www.youtube.com/watch?v=r3AP26ywQsQ
ozbot: George Michael - I Want Your Sex - YouTube
ThickAsThieves: i dont think that girl is chinese
KRS1: <3
KRS1: ThickAsThieves, I was wondering..maybe she's a jap. I can never tell the difference with those people.
pankkake: well, there's a difference. chinese=ugly, japanese=beautiful
Neil: 80% of time Japanese / Chinese difference is clear. The 20% is a bitch.
pankkake: koreans in between
truffles: 0,0
KRS1: pankkake: hmm..interesting. I need to look into this.
pankkake: of course I'm trolly with the ugly/beautiful, but there is a certain truth to it :)
Neil: It's obvious 1 second after they start talking :)
truffles: which one is plastic surgery central
pankkake: korea
truffles: right
truffles: i couldnt tell if woman was chinese, id lean towards no
Neil: Since when was Antonopoulos pronounced Antonopolis?
assbot: [HAVELOCK] [CBTC] 3382 @ 0.00008885 = 0.3005 BTC [+] {2}
ThickAsThieves: she's Chinese!
ThickAsThieves: http://www.fanpix.net/gallery/kathy-jeung-pictures.htm
truffles: pity the lemmings couldnt google hot chinese :D
ThickAsThieves: althought i do find her weird looking
ThickAsThieves: although*
ThickAsThieves: elongated face
nubbins`: hi
Mats_cd03: .bait
ozbot: http://31.media.tumblr.com/tumblr_m80ezfEgEb1rbt81ko1_500.jpg
Mats_cd03: .bait
ozbot: http://31.media.tumblr.com/tumblr_m9aio86YYf1qzqz2xo1_500.jpg
assbot: [MPEX] [S.MPOE] 11000 @ 0.00091661 = 10.0827 BTC [-]
assbot: [HAVELOCK] [DEALCO] 25 @ 0.0043 = 0.1075 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 50 @ 0.00275146 = 0.1376 BTC [-] {5}
assbot: [HAVELOCK] [AM1] 2 @ 0.6145005 = 1.229 BTC [-] {2}
assbot: [HAVELOCK] [DEALCO] 56 @ 0.00415133 = 0.2325 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 11017 @ 0.00092029 = 10.1388 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 200 @ 0.00588415 = 1.1768 BTC [+] {9}
mircea_popescu: http://i.imgur.com/AH4tzPc.gif
Duffer1: bitcointalk.org when MPOE-PR isn't around?
jborkl: Mircea_popescu, Romania still frozen over?
assbot: [HAVELOCK] [AM1] 1 @ 0.61050001 BTC [-]
mircea_popescu: jborkl it never was ? got a light coat, mebbe two inches
mircea_popescu: Duffer1 lol
assbot: [HAVELOCK] [AM1] 1 @ 0.6105 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.61020507 BTC [-]
jborkl: Oh , the news said Romania was in a deep freeze stopping the whole country
jborkl: Typical news eh
mircea_popescu: i can take a shot out the window if you want, but basically it just snowed enough to be cute
mircea_popescu: then again, im in the part of romania where the fig tree grows wild.
ThickAsThieves: must be reporters from Atlanta
mircea_popescu: they probably had some snow around the carpathians bend, but hey.
mircea_popescu: they do every year.
mircea_popescu: once i fell with my car into the snow, had to have it pulled out my a military truck
devthedev: Hey mircea_popescu
mircea_popescu: ello
jborkl: I figured the news was wrong again, just interested to see how wrong :)
mircea_popescu: gotta "make it newsworthy" huh. the conspiracy of government and press.
devthedev: Nice to finally meet you mircea_popescu :P
mircea_popescu: haha cool.
jborkl: Yeah, Romania had 1 inch of snow doesn't have the same rung
jborkl: Ring
devthedev: I avoid the snow, I live in FL. lol
assbot: [HAVELOCK] [CBTC] 16621 @ 0.0000907 = 1.5075 BTC [+] {7}
mircea_popescu: During the Spanish colonization of the Americas, the giant anteater was one of many native fauna taken to Europe for display. At first, Europeans believed all anteaters were female and mated with their noses.
mircea_popescu: there is nothing common about common sense.
assbot: [HAVELOCK] [CFIG] 10 @ 0.07500001 = 0.75 BTC [-] {3}
lippoper: ozbot!!
lippoper: .bait
assbot: [MPEX] [S.MPOE] 1900 @ 0.00091661 = 1.7416 BTC [-]
ThickAsThieves: .d
ozbot: 2193847870.17428 | Next Diff in 858 blocks | Estimated Change: 13.6964% in 5d 3h 21m 44s
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 2495218979.32 based on data since last change | 2588184152.17 based on data for last three days
mircea_popescu: apparently slovakia has a "Ordinary People and Independent Personalities" party.
mircea_popescu: that thing would so rock in the us...
mircea_popescu: everyone's an ordinary peopl and independent personality there.
jurov: oh, in every elections there's such crazy party
jurov: we had "Alliance of New Citizen"
jurov: "Party of Citizens' mutual understanding"
jurov: Freedom and Solidarity"
jurov: each of these actually got few MPs
mircea_popescu: what does it take for a mp seat, like 50k votes ?
jurov: yes, 5% of whatever many people come to vote
mircea_popescu: whoa
mircea_popescu: so like 12k ?
jurov: maybe
mircea_popescu: so start a faucet, become an mp.
jurov: even Fico's party is called "Direction - Social Democracy"
Azelphur: hahaha mp on bitcoin foundation
Azelphur: I'd vote for that
mircea_popescu: im not even kidding jurov. you absolutely should think seriously about it.
mircea_popescu: Slovak Bitcoin Party.
jurov: yes, i did think, easy way to get immunity from law
mircea_popescu: that's not even it.
assbot: [MPEX] [S.MPOE] 2800 @ 0.00091216 = 2.554 BTC [-]
jurov: if the time comes...
mircea_popescu: easy way to be fucking sensible, to counterbalance all the idiots speaking for bitcoin as if they had a clue
mircea_popescu: don't wait for "the time to come".
mircea_popescu: you got four years till the next elections and more dough than any other candidate.
jurov: wao-ender: ^^ do you read this?
mircea_popescu: you're ideally placed, make your move.
wao-ender: vot
jurov: the problem is, it's very hard to get activists with half a brain here
mircea_popescu: so get activists with a full brain.
wao-ender: hmm
mircea_popescu: what do you do this summer ?
mircea_popescu: tour the fucking city, talk to everyone.
mircea_popescu: you can bloody well walk all of slovenia in a summer.
jurov: i was involved in support of disabled people .. never again
mircea_popescu: forget "being involved". do. as in, for yourself, properly.
jurov: that was for myself, too. the stupidity was the problem
wao-ender: so, we are going setup party?
wao-ender: 4 yo is plenty of time
mircea_popescu: this is definitely the best opportunity for anything like that you'll have
mircea_popescu: bitcoin appeals to intelligent, young, educated people.
wao-ender: ^ ^ ^ yes.
jurov: nah, they went out long ago
mircea_popescu: hit it before some other fuckwit piggybacks on the name without any credential or a clue.
wao-ender: but, our market is well timed for that, in Czech, there are people try be supportive for Pirate parties..
jurov: everythin *will* end up on my back
wao-ender: bitcoin party is just one step ahead
mircea_popescu: because by 2018 it will be all "hello I'm Herp McDerp, I have 0.059876 btc in a webwallet, let me tell you all about Bitcoin"
wao-ender: :D
jurov: wao-ender: you know what crakpots attend progressbar
wao-ender: jurov: right, we rejected them
jurov: you'd have to deal with them
jurov: even rejection is dealing
wao-ender: they want used us in their politics program, like setup first PR at our space, tricksters.
mircea_popescu: wao-ender just negotiate with people. "o, you want to use us ? fine, but you must be naked while doing it" "o, you don't want to do naked pr ? ok, what else can you offer"
mircea_popescu: soon enough people come into line.
wao-ender: :D
wao-ender: yeah, that's how I selling bitcoins
mircea_popescu: lol
wao-ender: I just setup high price, when one is in the emergency, it will sell somehow..
jurov: there the situation is clear
jurov: but in politics, someone often comes to help
jurov: and them messes everything beyond repair
wao-ender: mircea_popescu: but, I will think about it, politics in our countyr will be open for new parties in year or next year after
mircea_popescu: so don't give them access to anything that's more dangerous than they're trustworthy.
wao-ender: mircea_popescu: because that Fico's party (SMER-SD) will loose it's managment when he moves to the president position afaik
mircea_popescu: wao-ender nothing comes of those who think about things, in my experience.
jurov: wao-ender: if you do know such trustworthy people, then i'll think about it
jurov: because i don't except for you
wao-ender: .. when I knew, he is second time premier, I knew best exit from politics is to be just two times president in a row.
mircea_popescu: or more properly said : you gotta think from the perspective "i am doing this, let me think how" rather than from the perspective "let me think if i will do this"
mircea_popescu: that latter approach never goes anywhere.
wao-ender: jurov: when this aim will be announced, I think some new comers will reveal from other circles
jurov: yes, that's what i'm talking about
jurov: what do you do with them? you can't give them any responsibility
mircea_popescu: you always can give someone responsibility. just tailor it.
wao-ender: oh, you need treat them like they are special in some way, in positive sense
mircea_popescu: make them copy down your party programme by hand for a week.
jurov: fuck i could have been a star of hearing disability HGO, run for MP, etc. I really was in national TV 2 times.
mircea_popescu: that's a responsibility.
jurov: *NGO
wao-ender: and not giving them full permissions, just little of them. They will just show you how they can manage responsibility with that little permissions
mircea_popescu: ^
mircea_popescu: exactly like computers work.
jurov: then i found I dont; really have any support, just backstabbing
mircea_popescu: you're too emotional.
jurov: yes i know
mircea_popescu: who cares about all teh goats in the world.
wao-ender: and yes, you need to be cold, w/o any emotions at all.
jurov: often i imagine myself in a public dispute
jurov: only to realize i'd seriously offend most people involved
mircea_popescu: so ?
jurov: i like to speak too straight
wao-ender: oh, diplomatic speech is just all about training and clever words
jurov: *too emotional
mircea_popescu: just as long as you have a point, offending idiots is actually a net positive for you.
mircea_popescu: offend away.
wao-ender: but well, I'm marked as master troll in my circles, is that great way to start?
jurov: there are *all* idiots then... usually almost nobody gets my point
mircea_popescu: then your point needs working on, or perhaps the expression thereof.
mircea_popescu: jurov just consider this : for all you know i could be deaf and mute. i've never bothered to prop up whatever dumbass conferences they do, where various nobodies gather to pat each other's backs. i still dominate the field. how come ?
mircea_popescu: apparently this can be done.
mircea_popescu: way the fuck easier to do in a small country with a coherent culture, too.
mircea_popescu: just identify your target, tailor your message so it may understood and let it rip.
assbot: [MPEX] [S.MPOE] 5817 @ 0.00091216 = 5.306 BTC [-]
wao-ender: it's all about smart moves, not about PR. PR is for me just horizontal voice/notion about person
wao-ender: ah and yes, that's how social engineering works
jurov: it needs to be something that forces me to overcome my bad experience with leading people/explaining things to them
wao-ender: in last years, there are also some well paid marketers called "growth hackers" who are doing this fine :)
mircea_popescu: jurov who the fuck cares about your bad experiences.
assbot: [MPEX] [S.MPOE] 6823 @ 0.00091213 = 6.2235 BTC [-] {2}
jurov: *shrug*
mircea_popescu: yeah well see ? you can't become prisoner of your own bad experiences.
mircea_popescu: way too easy for others to hack you into inactivity, just by controlling that part.
mircea_popescu: you gotta be above it to be an independent agent.
mircea_popescu: obviously, easier said than done. but still.
wao-ender: Oh one thing, to be successful, you just need to be not negative, or passive agressive to someone.. that really sells your person
wao-ender: I just readed y'day mpoe-pr aproach to that strip bb, and other members was there like barking wolfes on her. I didnt expect that, well
assbot: [HAVELOCK] [PETA] 15 @ 0.04999993 = 0.75 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5285 @ 0.00091077 = 4.8134 BTC [-] {2}
jurov: all in all, what reward is there in trying to drag this nation into 21st century?
jurov: even fags abhor politicians on top of that
mircea_popescu: no, reward is there in you expressing yourself, and expressing this thing you believe in.
mircea_popescu: correctly.
wao-ender: Well, maybe I have propositions to do this at all
jurov: oh, i'm pretty undecided
wao-ender: wov
wao-ender: even in romanian wiki is there article about him
wao-ender: http://ro.wikipedia.org/wiki/Matia_Corvin
ozbot: Matia Corvin - Wikipedia
mircea_popescu: ya well, don't let too many opportunities pass you by while you're undecided, or else you'll end up old and bitter.
wao-ender: He even renamed Bratislava to Istropolis
mircea_popescu: wao-ender the guy is romanian you know.
mircea_popescu: born same city i was.
wao-ender: Oh, nice. I like his way, how he made it. When he was at top of kingdom, he turn on economic and culture bloom
wao-ender: One of my fav from history
mircea_popescu: not bad.
jurov: I like Tomas Bata. And he would not be able to do what he did from politics.
wao-ender: Bata was decades later, yes
wao-ender: We're kinda famous for him
wao-ender: like Bata's prices, .99c
wao-ender: but he was kinda emperor that times
wao-ender: :D
jurov: heh.. did you know he made an office in the elevator so that his employees would not waste time coimg nd going to him?
jurov: that building still stands in partizanske
mike_c: anybody know why some log lines show up blank?
wao-ender: yeah, and he had office at each floor, afaik
mike_c: http://log.bitcoin-assets.com/?date=31-01-2014#469060 ☝︎
ozbot: #bitcoin-assets log
mircea_popescu: mike_c because assbot chokes on some special chars and kako does not want to fix it already!
mike_c: ah
mircea_popescu: just do a ereg replace yo!
assbot: [MPEX] [S.MPOE] 21282 @ 0.00090917 = 19.349 BTC [-] {3}
jurov: yes, kako fails unicode
wao-ender: but back to Corvin, he made something really revolutionary. He brings University into Bratislava
wao-ender: Istropolitana was one of first in Europe, right?
wao-ender: btw, our hackerspace is near of Istropolitana :P ( Universitas Istropolitana )
wao-ender: ahm just first in Slovakia, whatever, :sad:
wao-ender: http://en.wikipedia.org/wiki/Universitas_Istropolitana
ozbot: Universitas Istropolitana - Wikipedia, the free encyclopedia
mircea_popescu: you know, the first european universities are in the 1200s
mircea_popescu: even the ottomans had one before 1500
wao-ender: yeah, I reading now about that, fixint my memories
wao-ender: heh, really huge battlefiedl for that times http://en.wikipedia.org/wiki/File:The_wars_of_Matthias_Corvinus_of_Hungary_(1458-1490).png
kakobrekla: jurov wrong, unicode fails kako
mike_c: ۞ so, like, this line should be off the record.
mircea_popescu: no but srsly, just filter unknown chars out rather than drop the line
mircea_popescu: mike_c in 99% cases it's bullshit curly quotes that do it.
mike_c: damn, didn't work
kakobrekla: assbot can read chinese
kakobrekla: i dont give a fuck for your phuny chars
mike_c: “ off the record? “
kakobrekla: see
mike_c: grr
kakobrekla: you cant even broke it
kakobrekla: brake
kakobrekla: brb coffee.
mircea_popescu: If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first, Lawsky said at the hearing.
mircea_popescu: “If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first,” Lawsky said at the hearing.
mircea_popescu: that statement is fundamentally "we're stupid, ignore us please".
assbot: [HAVELOCK] [HMF] [PAID] 13.00000000 BTC to 40`000 shares, 32500 satoshi per share
assbot: [MPEX] [S.MPOE] 6800 @ 0.00090386 = 6.1462 BTC [-]
mike_c: dang, i forgot to apply for my innovation permit.
kakobrekla: the second line didnt make it to logs
kakobrekla: mircea is a natural
mircea_popescu: no, i just know what to use
mike_c: i think it depends on irc client. i don't think my client could even send anything that would break it.
mircea_popescu: it takes a retarded ny bureaucrat to generate the real good kludge
kakobrekla: well irc endocings are bullshit
kakobrekla: blarg
kakobrekla: encodings
mircea_popescu: lol kakotype.
assbot: [HAVELOCK] [CBTC] 1480 @ 0.00009146 = 0.1354 BTC [+]
mircea_popescu: mike_c how do you see “ or ” ?
kakobrekla: cutn spell cunt tpye
mircea_popescu: bad ms curlyquotes.
mike_c: blank and blank
mircea_popescu: https://www.google.com/search?q=%E2%80%9C&complete=0 for the lolz.
kakobrekla: broke google.
assbot: [HAVELOCK] [CBTC] 3000 @ 0.00009191 = 0.2757 BTC [+] {4}
mircea_popescu: anyway, it's the E2809C/E2809D stuff
mike_c: “ copy and paste ftw “
mike_c: damn, see, my client converts it
mircea_popescu: lol
mircea_popescu: well yeah, cause you're running some noob sort of software that thinks it knows what you mean
mike_c: yes
mircea_popescu: which... great for the retail market, tbh.
kakobrekla: but here and now, we like total control so we can break srtuff.
kakobrekla: stuff
mircea_popescu: don't opress my hacking!
assbot: [HAVELOCK] [NEOBEE] 54 @ 0.0029212 = 0.1577 BTC [+]
assbot: [HAVELOCK] [AM1] 5 @ 0.606 = 3.03 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.60002001 BTC [-]
pankkake: http://i.imgur.com/WJPzZOE.png and yet, it's irssi, just expecting UTF-8. hm, make it's screen's fault
jurov: likewise, i saw just boxes with STS and CCM in them
assbot: [HAVELOCK] [AM1] 3 @ 0.602 = 1.806 BTC [+] {2}
jurov: not in the dejavu font, i guess
deadweasel: irssi, http://i.imgur.com/n2ACa46.png
deadweasel: can't you just set term to utf-8
pankkake: screen has a bug and can't handle utf-8 with too many bytes
assbot: [MPEX] [S.MPOE] 7050 @ 0.00090386 = 6.3722 BTC [-]
jurov: what about tmux?
pankkake: tmux doesn't have that issue, nor do latest screen git
kakobrekla: re how do you see http://shrani.si/f/1f/Ky/3jgnsftR/howdoyousee.png
deadweasel: what's that font?
kakobrekla: dunno
kakobrekla: Font 1
deadweasel: "/set font 1
deadweasel: damn
kakobrekla: settings sez Consolas 12
deadweasel: nice, thx, i'm gonna try it for a bit.
deadweasel: oooooh, curvy, sexy letters
kakobrekla: :)
assbot: [HAVELOCK] [PETA] 6 @ 0.04999994 = 0.3 BTC [+]
mircea_popescu: lmao he's using irc in comic ms
lippoper: http://31.media.tumblr.com/54175bb847860b25d6424eb31fc34cf2/tumblr_mfnhriiDvE1r600xqo1_500.jpg
kakobrekla: who?
mircea_popescu: you.
kakobrekla: sure
kakobrekla: nubbins is on my and i havent banned him.
kakobrekla: my = nac
kakobrekla: mac
kakobrekla: fuck.
pankkake: what about Microsoft Chat?
kakobrekla: doesnt have that font.
pankkake: https://upload.wikimedia.org/wikipedia/en/6/62/MsComicChat.png
kakobrekla: hm?
kakobrekla: it there some nigger joke in there?
assbot: [HAVELOCK] [AM100] 1100 @ 0.00596699 = 6.5637 BTC [-]
assbot: [MPEX] [S.MPOE] 6300 @ 0.0009019 = 5.682 BTC [-]
assbot: [MPEX] [S.MPOE] 813 @ 0.0009019 = 0.7332 BTC [-]
lippoper: I see it like this
lippoper: (11:03:11 AM) mircea_popescu: mike_c how do you see ? or ? ?
lippoper: yes, ? marks
assbot: [HAVELOCK] [CBTC] 5225 @ 0.00009199 = 0.4806 BTC [+]
mircea_popescu: so on the good news front, eulora has all the skill / levelling / training stuff working and i'm quite happy with the system we use. ☟︎
mircea_popescu: in fact, i'd say it kicks all ass.
assbot: [HAVELOCK] [CBTC] 3007 @ 0.000092 = 0.2766 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 9000 @ 0.00089922 = 8.093 BTC [-] {3}
mircea_popescu: hopefully sometime next week a crafting v0.4 is out.
assbot: [HAVELOCK] [AM100] 52 @ 0.00596699 = 0.3103 BTC [-]
assbot: [HAVELOCK] [CBTC] 13500 @ 0.00009299 = 1.2554 BTC [+]
assbot: [HAVELOCK] [MS] 40 @ 0.005 = 0.2 BTC
benkay: asciilifeform: i'd like to read your proof that the us hedge funds are all little madoffs
assbot: [HAVELOCK] [CBTC] 3761 @ 0.0000949 = 0.3569 BTC [+]
benkay: !l m s.mg
assbot: Last trade for S.MG on MPEX was at 0.000138 BTC [+]
benkay: !l m s.nsa
assbot: Last trade for S.NSA on MPEX was at 0.00017 BTC [+]
assbot: [HAVELOCK] [CBTC] 4700 @ 0.000095 = 0.4465 BTC [+]
mike_c: any plans on updating git?
mircea_popescu: mike_c yeah.
mircea_popescu: someone else wanted to do a platform compile, or actually i think multiple people.
mike_c: yeah, cross-compiling early is usually a good idea. especially when you get other people to do it.
mircea_popescu: indeed.
pankkake: so it's git? in my mind it was svn
mircea_popescu: im clueless so i just use these to mean the same thing.
mircea_popescu: in my mind he just asked me if compilable code is to be published
mike_c: they are on github
mike_c: https://github.com/Chettie/Eulora-client
mircea_popescu: https://sharedcoin.com/
ozbot: Shared Coin - Free Trustless Bitcoin Mixing
mircea_popescu: seems piuk made a something.
mircea_popescu: course as described the model's got nothing on bitbet, but hey.
benkay: bitbet as mixer
benkay: wow
mircea_popescu: d'oh ?
benkay: things are never apparent to me mp
benkay: words of one syllable etc
mircea_popescu: since you can by design make zero-delta bets, and since the fee is 1%... bitbet is partly the reason why mixer services sort-of died last year, i'd guess. ☟︎
assbot: [HAVELOCK] [CBTC] 5000 @ 0.0000951 = 0.4755 BTC [+]
assbot: [MPEX] [S.MPOE] 18650 @ 0.00089897 = 16.7658 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 40 @ 0.58347561 = 23.339 BTC [-] {8}
assbot: [HAVELOCK] [CFIG] 1 @ 0.13149997 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 100 @ 0.24310363 = 24.3104 BTC
assbot: [HAVELOCK] [AM1] 4 @ 0.61499997 = 2.46 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.61499999 BTC [+]
assbot: [MPEX] [S.MPOE] 8205 @ 0.00090213 = 7.402 BTC [+] {2}
assbot: [HAVELOCK] [COG] 62 @ 0.04790151 = 2.9699 BTC [+] {8}
ThickAsThieves: ;;tslb
gribble: Time since last block: 5 minutes and 26 seconds
mircea_popescu: .d
ozbot: 2193847870.17428 | Next Diff in 847 blocks | Estimated Change: 13.6058% in 5d 1h 51m 59s
mike_c: i'm excited. my robot is coming soon.
mike_c: https://s3.amazonaws.com/ksr/assets/001/583/808/54cf94358caafe380451e77f05694191_large.JPG?1391181969
mircea_popescu: what's it do ?
assbot: [HAVELOCK] [COG] 5 @ 0.04999997 = 0.25 BTC [+]
mike_c: whatever i tell it to! raspberry pi driven. has camera, distance sensor.
mircea_popescu: aha
mircea_popescu: and what, carry stuff up to 2 oz ?
mike_c: carrying stuff will not be its forte.
mircea_popescu: push buttons ?
mike_c: hm. vimeo is choking. i think this the link:
mike_c: http://vimeo.com/85309981
ozbot: RAPIRO: The cool robot you always wanted as a kid on Vimeo
Duffer1: http://www.youtube.com/watch?v=AQynsVZx5Pk
ozbot: RAPIRO: The cool robot you always wanted as a kid - YouTube
benkay: i just want a robot that follows me to the grocery store and back ☟︎
benkay: 4 wheels would be sufficient, but 1 would be more impressive
KRS1: how about a realdoll robot with nice legs
KRS1: who can run 60 mph and still romance you with a delicious dinner
KRS1: and at your command go fuck up a group of thugs who insulted yo mama
mircea_popescu: so some kid in sierra leone hacks into it and it dropkicks you to oblivion ?
KRS1: uhhhh..heh.
lippoper: this looks so clean http://31.media.tumblr.com/862967f8c3629b6d53aaa1c77ffd2ea7/tumblr_mf5d8rpJeP1rkz0rco1_1280.jpg
KRS1: hey I know her
KRS1: http://thechive.files.wordpress.com/2012/07/sexy-girls-in-short-shorts-4.jpg?w=500&h=750
mircea_popescu: wao-ender http://ro.wikipedia.org/wiki/Casa_Matia_din_Cluj btw.
wao-ender: 23.2. will have his bday
assbot: [HAVELOCK] [HMF] 16 @ 0.02751006 = 0.4402 BTC [-] {3}
wao-ender: but well, I think you have lot of interesting things there to know
wao-ender: I have on my plan that way to stop at Nikola Teslas museum as well
jurov: there's one in Romania?
assbot: [HAVELOCK] [HMF] 122 @ 0.02712507 = 3.3093 BTC [-] {10}
jurov: i was in the Belgrade one
mircea_popescu: i was in the belgrade one too
mircea_popescu: wasn't really all that much... more the name than anything
jurov: yes, only a small house
assbot: [HAVELOCK] [NEOBEE] 500 @ 0.0027658 = 1.3829 BTC [-] {14}
jurov: they ran a film document, one tesla coil with live demonstration and few artifacts
assbot: [HAVELOCK] [AM1] 3 @ 0.62499899 = 1.875 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 160 @ 0.00292525 = 0.468 BTC [+] {7}
assbot: [HAVELOCK] [B.MINE] 1 @ 0.17 BTC
benkay: b.mine
benkay: valentines day scams
ThickAsThieves: idea: mobile ASIC mine that leeches on Tesla charging stations
mircea_popescu: ahahahaa
mircea_popescu: you could have a modified tesla.
jurov: lol we had similar idea to hook them to trolleybuses here
assbot: [MPEX] [S.MPOE] 15390 @ 0.00091192 = 14.0344 BTC [+] {2}
mircea_popescu: hash'n'crash
ThickAsThieves: it could even hash while you drive to the next one
deadweasel: have to pause it to get up hills tho
ThickAsThieves: free heating too
mircea_popescu: pity tesla doesn't do RVs
the20year: yeah
the20year: Im curious to see about this new car of theirs
jurov: tesla does log energy usage, they'd discover any major leeching
mircea_popescu: you could solve the retirement problem. just give everyone a tesla rv with hashing gear.
jurov: on the other hand, old trams.trolleybuses do not
mircea_popescu: jurov yeah they do. at the feed station.
mircea_popescu: that's basically how they know if a line is down
jurov: yes, but's much less detailed
jurov: if tesla car consistently reports 20% shorter battery life, that's fishy
mircea_popescu: im curious who's the first person to have an exploded tesla battery/chemical fire
mircea_popescu: and sue them.
ThickAsThieves: coinbase has not sent out my bitcoins after 3 hours...
ThickAsThieves: guess they need to wait for price to fall a bit more
assbot: [HAVELOCK] [DEALCO] 34 @ 0.00438 = 0.1489 BTC [-] {2}
mircea_popescu: $depth X.eur
mpexbot: mircea_popescu: X.EUR Bids: ['1200 @ 0.00166251', '4200 @ 0.0016245', '100 @ 0.00153846', '1000 @ 0.001', '100000 @ 0.0009945']
mpexbot: mircea_popescu: Asks: ['1200 @ 0.00168772', '2200 @ 0.001773', '1350 @ 0.0019975']
mircea_popescu: has it been dropping ?
jurov: no, getting sideways
ThickAsThieves: less than 1% since i initiated
ThickAsThieves: but still, it's bitcoin, why do i have to wait
ThickAsThieves: http://www.politico.com/magazine/story/2014/01/tsa-screener-confession-102912.html
ozbot: TSA Agent Confession - POLITICO Magazine
ThickAsThieves: "Dear America, I Saw You Naked
ThickAsThieves: And yes, we were laughing. Confessions of an ex-TSA agent."
jurov: http://live.coinbr.com/?mpsic=X.EUR , switch to month
mircea_popescu: aha
mircea_popescu: abstract arts.
mircea_popescu: but nice narrowing
assbot: [HAVELOCK] [B.MINE] [PAID] 0.24986506 BTC to 218 shares, 114617 satoshi per share
ThickAsThieves: "I was even required to confiscate nail clippers from airline pilots—the implied logic being that pilots could use the nail clippers to hijack the very planes they were flying."
ThickAsThieves: "In private, most TSA officers I talked to told me they felt the agency’s day-to-day operations represented an abuse of public trust and funds."
assbot: [MPEX] [S.MPOE] 34050 @ 0.00091812 = 31.262 BTC [+] {3}
mircea_popescu: this is unlike any bureaucrat ever working for any bureaucy in any government in any country ever ?
mircea_popescu: ask anyone, from the post office to whatever you wish.
ThickAsThieves: "At the conclusion of our crash course, one of the officers in our class asked him to tell us, off the record, what he really thought about the machines. 'They’re shit,' he said"
mircea_popescu: "It was just a temporary thing, I told myself—side income for a year or two as I worked toward a degree in creative writing. It wasn’t like a recession would come along and lock me into the job or anything." i wonder how many losers currently are hiding this from themselves with the pretense to "creative writing" aspirations.
ThickAsThieves: (Rapiscan)
ThickAsThieves: "I.O. room duty quickly devolved into an unofficial break. It was the one place in the airport free of surveillance cameras"
assbot: [HAVELOCK] [HMF] 15 @ 0.027 = 0.405 BTC [-]
assbot: [HAVELOCK] [B.MINE] 1 @ 0.44 BTC [+]
assbot: [MPEX] [S.MPOE] 17271 @ 0.00091861 = 15.8653 BTC [+]
ThickAsThieves: "Officers who were dating often conspired to get assigned to the I.O. room at the same time, where they analyzed the nude images with one eye apiece, at best."
ThickAsThieves: "All the old, crass stereotypes about race and genitalia size thrived on our secure government radio channels."
mircea_popescu: https://twitter.com/Mircea_Popescu/status/429315308973588481
ozbot: Twitter / Mircea_Popescu: @Jas0nHarringt0n You're not ...
mircea_popescu: hopefully he takes the gist of it and offs himself.
ThickAsThieves: they asked for dosimeters and were denied too
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
mircea_popescu: you know what ? it came out at nurnberg that most of the nazis working for the jew extermination agencies were trying to do a good job.
mircea_popescu: plenty of them were aspiring writers, too. just... you know, needed the dough.
mircea_popescu: god forbid they go hungry.
mircea_popescu: important people, these.
ThickAsThieves: the guy ended up getting a scholarship
ThickAsThieves: and quitting
ThickAsThieves: quitting the TSA*
Duffer1: TSA - come for the security theater, stay because we can't end the program during an employment crisis
mike_c: re: telsa fire. this video caused a stir stateside a few months ago:
mike_c: http://www.youtube.com/watch?v=q0kjI08n4fg
ozbot: Tesla car on fire - YouTube
mike_c: apparently the batteries don't do well when pierced from the bottom by road debris
assbot: [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC
Dimsler_: you guys
Dimsler_: i got a pump up video
Dimsler_: https://www.youtube.com/watch?v=ZthKY5P_9Rk
ozbot: [DOGE] xX_D0G3C0IN_Xx - YouTube
Dimsler_: you can all watch this and pace back and fourth in your basements
ThickAsThieves: or we can ignore anything with doge in it
mircea_popescu: mike_c obviously. a ton and a half lithium battery is a fucking hazard of the 1st degree
mircea_popescu: not that they won't get good at it with practice, just... i dun wanna be the practice.
benkay: mircea_popescu's waiting for the power-seat in the back china tesla edition
mircea_popescu: ThickAsThieves yeah, and if satan gives him a scholarship next he's gonna spend a year or two warming tar.
mircea_popescu: and then try to leech some more money off of it by writing a book about what an asshole he was for THAT stretch of his life.
benkay: http://www.carnewschina.com/2013/08/08/tesla-model-s-will-have-an-executive-back-seat-in-china/
ozbot: Tesla Model S will have an “executive back seat” in China | CarNewsChina.com - China Auto News
mircea_popescu: when did "executive" become "luxury" i wish to know.
benkay: we're all ceo's nao
kakobrekla: ceo of pleb.com
kakobrekla: o thats actually a site
kakobrekla: nvm
ThickAsThieves: about a third of people I require to sign messages with their wallet for ID, don't send the message, only the sig
kakobrekla: at least they know what a bitcoin address is.
ThickAsThieves: what's worse is friedcat pretty much never requires signed transfers anymore
ThickAsThieves: i dont know whether open requests are scammers or people Friedcat just ignored
ThickAsThieves: scammers just never follow up I guess
mircea_popescu: ><
mircea_popescu: so basically the brilliance of asicminer has by now ensured the entire thing is an utter mess
mircea_popescu: only took 9 months, too.
mircea_popescu: ain't working with responsible, competent people a fucking blessing.
Dimsler_: lol
ThickAsThieves: surprisingly, there are no cases of "Friedcat stole my shares!" tho
mircea_popescu: not until the scammors start figuring out the hole.
ThickAsThieves: i take extra measures to make sure i cant be impersonated
mircea_popescu: lol good one, i needed a dbl tacke
ThickAsThieves: sorry pankkake
ThickAsThieves: of course this assumes friedcat cares...
assbot: [MPEX] [S.MPOE] 8873 @ 0.00091604 = 8.128 BTC [-]
mircea_popescu: srsly ? ThickAssThieves, ThickAsThievs, everything all taken ?
ThickAsThieves: for one, i dont use forums for biz at all anymore
assbot: [MPEX] [S.MPOE] 15814 @ 0.00091708 = 14.5027 BTC [+] {2}
mircea_popescu: so you figure this does anything ?
mircea_popescu: think about it : to the average tard, whether you're one of the 500 scammers named after you or not makes no diff.
mircea_popescu: he still deals with you on the forum, whether you know of this or not.
ThickAsThieves: well its not all i do
mircea_popescu: one fine day they'll hold a vote about whether you should pay for it anyway
mircea_popescu: (yea i understand, just making a point)
assbot: [HAVELOCK] [AM100] 63 @ 0.0057001 = 0.3591 BTC [-] {5}
Dimsler_: lol
Dimsler_: bitcoin is all scammers
Dimsler_: angry greedy nerds
ThickAsThieves: the nouveau riche arent known for their poise
Dimsler_: lol
Dimsler_: exactly
assbot: [MPEX] [S.MPOE] 18550 @ 0.00091334 = 16.9425 BTC [-] {3}
assbot: [HAVELOCK] [SFI] 193 @ 0.00084999 = 0.164 BTC [+] {2}
midnightmagic: ThickAsThieves: +1
assbot: [HAVELOCK] [HMF] 6 @ 0.02650833 = 0.159 BTC [-] {2}
PsychoticBoy__: 2 years ago I had to work, now people are working hard very hard for me :)
assbot: [HAVELOCK] [DEALCO] 159 @ 0.00420804 = 0.6691 BTC [-] {4}
PsychoticBoy__: thats how the cookie crumbles
kakobrekla: thats how the bitcoin crumbles
PsychoticBoy__: :D
assbot: [HAVELOCK] [DEALCO] 70 @ 0.00390028 = 0.273 BTC [-] {2}
kakobrekla: wait werent you running something on glbse
assbot: [MPEX] [S.MPOE] 12250 @ 0.00091174 = 11.1688 BTC [-] {3}
kakobrekla: ok ok
kakobrekla: hoho, this one is nice and easy
kakobrekla: >I guess I will answer the best I can. It is really about being in the right place at the right time. I have done really well and also lost my ass in the past. I have pretty much been involved in just about anything BTC related that was not an obvious scam, and some that where.
kakobrekla: guess who
assbot: [HAVELOCK] [B.MINE] 1 @ 0.33 BTC [-]
Duffer1: goat?
kakobrekla: bingo
mircea_popescu: lol
mircea_popescu: goat's been trying real hard to come out as if he's trustworthy, past all forgotten etc.
kakobrekla: omg haha its gets better.
kakobrekla: >That Lambo is not really a significant part of my investment portfolio. I did it when I did cuz of Greenspan saying he could not see any "intrinsic value" in BTC. So I was like fuck it, people don't care about intrinsic value, they care about shit like Lambos. Did it for the PR.
mircea_popescu: derp.
Duffer1: he should hook me up with a couple btc
Duffer1: for the pr
Duffer1: i also accept lambo
assbot: [HAVELOCK] [B.MINE] 1 @ 0.33 BTC [-]
kakobrekla: i think one of the reasons he change his forum name like 5 times is to help to cut the ties to scams
PsychoticBoy__: yes kakobrekla I was running something on glbse
PsychoticBoy__: and later I was running some new assets on Bitfunder
kakobrekla: aha aha, classic.
Duffer1: any plans for ciphertrade?
kakobrekla: no cryptostock either?
PsychoticBoy__: no cryptostocks or havelock
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
assbot: [HAVELOCK] [HMF] 29 @ 0.02603447 = 0.755 BTC [-] {5}
kakobrekla: well, if you picked your exchanges at random, theres a good chance one of them would still be online, makes you think if you went for the shittiest deliberately
mircea_popescu: <kakobrekla> i think one of the reasons he change his forum name like 5 times is to help to cut the ties to scams << you tihnk ?!
kakobrekla: or split personality, what do i know
kakobrekla: and yes,
kakobrekla: i think,
kakobrekla: and it hurts.
assbot: [MPEX] [S.MPOE] 8771 @ 0.00090864 = 7.9697 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.24310363 = 0.7293 BTC
mircea_popescu: think with the other head alternatively
mircea_popescu: lower load, cooler cpu...
assbot: [HAVELOCK] [B.MINE] 4 @ 0.25 = 1 BTC [-]
jurov: benkay: where did you get this from? Writing options and providing the required collateral puts those options into the pool from which a counterparty is randomly selected during an exercise event.
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.24310363 = 0.9724 BTC
jurov: you really think mpex throws dice every time someone exercises an option?
jurov: would be fun, tho :D
mike_c: mpex + JD = more excitement
Dimsler_: yeah until you can't get your money out
mike_c: i don't get it. which of those do you have trouble getting money out of?
assbot: [HAVELOCK] [CBTC] 20618 @ 0.000097 = 1.9999 BTC [+]
mircea_popescu: this is a point, no large dice site crashed and burned so far.
jurov: http://explo.yt/post/2014/01/21/Options-and-MPOE maybe i'll try to improve it, but it's basically done
mircea_popescu: props for a good model.
ozbot: MPEx: The Missing Manual 6 - Options - serialized delusions
assbot: [MPEX] [S.MPOE] 15633 @ 0.00091609 = 14.3212 BTC [+] {2}
kakobrekla: all models are wrong
kakobrekla: but some are useful, they say.
mircea_popescu: jurov : "This process is not visible to the collateral holder in the course of the month."
mircea_popescu: this changed meanwhile.
jurov: heh.. so the collateral in stat output changes as exercises are done?
mircea_popescu: yep
mike_c: thanks for link jurov. good post, i will be bookmarking for the six times a week i forget how to calculate the profit on those.
mircea_popescu: lol
mircea_popescu: jurov it all started with mike_c being a little bitch.
mike_c: hehe
mircea_popescu: but it really went downhill once he actually had a point
mike_c: it took mysterious other parties to convince him there was a point.
mircea_popescu: well i don't listen to noobs.
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.24310363 = 2.431 BTC
mike_c: four more months i think until my 1 year bitcoin-assets birthday.
jurov: i'd like to see the arguments :D
mircea_popescu: o hey. throwing a party ?
mike_c: kako won't come to the us
assbot: [HAVELOCK] [HMF] 6 @ 0.02699999 = 0.162 BTC [+]
mircea_popescu: jurov you know, about once a meeting the idea surfaces that "we shouild just film this. itcould be a movie"
kakobrekla: cause he still has a fart worth of sanity left.
mircea_popescu: kako doesn't want his tics felt up ?
mircea_popescu: The Sanitary Fartworth, an Illustrated Book of Sayings.
mircea_popescu: ;;later tell nubbins` ^
gribble: The operation succeeded.
benkay: jurov: from mircea_popescu himself
mircea_popescu: that should go over well
kakobrekla: the, the customs will be like "dude, i won the bet but you paid less than i sent, come with me for a sec"
mircea_popescu: lmao
jurov: dunno how would one film this. people sitting in front of monitor, grinning?
jurov: with short cut from bildercoin meeting
mircea_popescu: jurov it's usually irl.
mircea_popescu: gotta be able to brandish things at people or else what sort of an argument is it.
benkay: ah well there is a mistake in there isn't it - the way i understand the selection to work is that an exercise hits everyone who underwrote proportionately to the fraction of outstanding contracts that they wrote
jurov: oh yes then.i'd really like to see the cherry truck selection meeting
mircea_popescu: we were drunk.
Dimsler_: you guys
Dimsler_: more info aon gash.io?
Dimsler_: legit or not?
benkay: but jurov it is true that just writing an option puts it into the pool that can be exercised against
mircea_popescu: Dimsler_ seems legit.
lippoper: big ass bait: http://25.media.tumblr.com/tumblr_m8jcvoJgKU1qkwo4to1_1280.jpg
benkay: and also mike_c jurov commissioned the m3 from me
Dimsler_: so if i buy 100g/hash
Dimsler_: from them
Dimsler_: it pays me every 25blocks
Dimsler_: ?
jurov: brb
mircea_popescu: you mean gHash.io or gash.io ?
mircea_popescu: never heard of gash.
Dimsler_: https://www.cex.io/#GHS-BTC
Dimsler_: these guys
Duffer1: https://bitcointalk.org/index.php?topic=439399.msg4861912#msg4861912
kakobrekla: well
ozbot: [SOLB-SOL] Sollar Bond World's First Crypto-Bond [PRE-SALE THREAD]
kakobrekla: its not a scam, as scuh.
Duffer1: them fightin words
kakobrekla: such
mircea_popescu: cex.io peopl have been bitching about but i've not heard something subsytantive.
assbot: [MPEX] [S.MPOE] 1267 @ 0.000918 = 1.1631 BTC [+]
lippoper: it's pre-sale, much trouble
lippoper: they probably don't even have the mining gear yet
mircea_popescu: mike_c http://www.btcalpha.com/blog/2014/you-can-raise-it-but-you-cant-spend-it/ myep.
mircea_popescu: a review of the complete count of all bitcoin companies to date, and their spending patters may reveal that this is like ... the only 2 out of about 300 to do this.
mike_c: yes. the20year is going to be on the wrong side of that unfortunately.
mircea_popescu: actually, benkay, you still looking for fun shit to do ?
mircea_popescu: how about you make the complete list of all bitcoin companies ever.
mircea_popescu: all of them.
kakobrekla: i have been saying same since 2012
benkay: oh god
KRS1: heh
kakobrekla: but ppl are like "DIVERSIFY YOU IDIOT"
mircea_popescu: kakobrekla i'm stealing it.
mircea_popescu: benkay no, srlsly, it's a great thing to do, if it's complete.
benkay: mircea_popescu: will you commission that?
KRS1: wow. big bait. much ass.
mircea_popescu: how much comission do you want /
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_mix-your-coins-for-1-bitbet-as-mixer.html << lol he ran off with it.
ozbot: Mix your coins for 1% - Bitbet as Mixer
mircea_popescu: suppose i just don't charge you for teh info ? :D
assbot: [HAVELOCK] [AM1] 5 @ 0.6248 = 3.124 BTC [-] {2}
kakobrekla: i dont think its even possible to do complete list
benkay: you have a list?
mircea_popescu: sort-of.
mircea_popescu: benkay suppose i give you the half-bitcoin i have leftover from the painting thing ? but srsly, do it thoroughly, don't leave anything out.
benkay: mighty nebulous criteria sir
mircea_popescu: whyssat ?
KRS1: benkay: Here is a great list to get started: http://www.bitcoin-tools.de/links.html
mircea_popescu: nono
mircea_popescu: i mean strictly public comps
mircea_popescu: things that ever took investment from the public.
benkay: so basically trawl bitcointalk/investments back to 2010 or w/e
mircea_popescu: 2009.
benkay: yeah
KRS1: curl grep ipo
mircea_popescu: this is a good idea yeah.
benkay: mhm
mircea_popescu: im sure people with history will volunteer names to fill gaps
benkay: what, is this a list or a review of each individual scam!?
mircea_popescu: and just, name, what it supposedly did, when it opened, who run it, when it closed, other notes etc.
mircea_popescu: well obviously a pankkake-style list isn't too helpful
kakobrekla: you need glbse
kakobrekla: and everything that went aside exchanges
pankkake: no glbse archive?
mircea_popescu: some twerps (goat, etc) deleted their posts, obviously.
mircea_popescu: usagi ran like... 6 things ?
pankkake: anyway, it seems like an ungodly amount of work
mircea_popescu: it does.
mircea_popescu: but it'd also yield a reference point.
kakobrekla: ok i have this crazy and mostly useless thing one sec
mike_c: plus, doesn't have to be complete to publish. start with recent ones and work backwards.
mircea_popescu: start with old ones and work forwards. much better.
benkay: i'd rather work forwards
mike_c: harder though
mircea_popescu: with recent ones all the scum will have an incentive to argue about shit.
mircea_popescu: with old stuff... they won't even notice.
benkay: ;;calc .5/300
gribble: 0.00166666666667
pankkake: perhaps do it somewhere others can contribute
mircea_popescu: history is written ad urbe condita not last superbowl backwardsia.
mike_c: this practically is a complete list of current:
mike_c: http://bitcoinscammers.com/
ozbot: Bitcoin Scammers & (Other Cryptocurrency Scammers)
benkay: you can contribute by emailing me, pankkake ;)
kakobrekla: http://log.bitcoin-assets.com/tickers.txt
pankkake: this adds a procrastination layer
benkay: mike_c: too bad it's not listified
mircea_popescu: kakobrekla dafuck is that ?
KRS1: mircea_popescu: so the IPO/bitcoin investment model is similar to the trading style where you want to increase your bitcoin instead of fiat (in hopes to buy back lower)?
kakobrekla: that hash is md5($exchange.$asset)
kakobrekla: the numbers is the last price at which the asset traded
KRS1: In other words, the companies seeking investment would have to purchase their goods/services in bitcoin in order to do this.
mircea_popescu: can you unhash it ?
kakobrekla: no
kakobrekla: :D
mircea_popescu: lol
kakobrekla: was not ment to beunhashed
mircea_popescu: halpful.
benkay: hashful
mircea_popescu: KRS1 hm ?
kakobrekla: well you can guess
mike_c: benkay: its paginated. bitcoinscammers.com/page/3/ bitcoinscammers.com/page/4/, etc
mircea_popescu: yes dude, and if we don't recall a fucking name we just sit here hashing letters like idjits
kakobrekla: MPEX.S.MPOE or something
pankkake: shouldn't be hard to brute force actually, not many chars
kakobrekla: well
kakobrekla: you can see how many you are missing
mircea_popescu: this is a point
kakobrekla: you know i said it was crazy and useless
kakobrekla: so fuck off
mircea_popescu: so you did eh.
mircea_popescu: i thought you were being sarcastic
kakobrekla: no no.
mircea_popescu: go ask fluffles to teach you sarcasm.
kakobrekla: should be fairly quick to bruteforce this
benkay: mircea_popescu: given the "ungodly" amount of work involved i think perhaps 2 btc
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.24310363 = 0.9724 BTC
mircea_popescu: #bitcoin-assets : your daily source of insane ways to spend all your free time for great justice.
kakobrekla: heh
mircea_popescu: benkay im not rly hiring you to do it tho, think of it as mostly volunteer work.
kakobrekla: not too far off
pankkake: s/volunteer/slave/
mircea_popescu: lol
kakobrekla: and dont forget to put it in niggers.txt on the end.
mircea_popescu: lol
KRS1: In reference to "You Can Raise It But You Can't Spend It". Whats wrong with a company sticking to their business plan, soliciting for $X amount of funds, receiving it in bitcoin, converting it to fiat? Then the proper execution of the business plan can take place with the investment model of using bitcoins for funding. If the value of bitcoins goes up or down, it does not matter. The
KRS1: company seeking investment isn't buying their goods/services in bitcoin and they've properly funded their venture. If they cannot meet their goals using the solicited funds thats another problem entirely.
mircea_popescu: KRS1 the entire thing revolves around the empirical observation that companies which did not spend their ipo funds outperformed companies that did spend them, without exception.
mike_c: the problem is that the company is then competing with the BTC/fiat ROI
mircea_popescu: this is ultimately a problem of btc, of course, but still. financial analysis is what it is.
KRS1: And if the market price tanked without rebounding?
mircea_popescu: well then that'd be exactly the reverse
mircea_popescu: hence "empirical" in my line.
mike_c: if you want to short BTC there are better ways than investing in one of these companies.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.1 = 0.3 BTC
pankkake: if you invest in a bitcoin company, somehow you're also thinking bitcoin will do well, right?
mircea_popescu: pankkake depends if the company is btc or not.
KRS1: good point pankkake
benkay: mircea_popescu: recommended donation for public service: 0.006 btc/security unearthed
assbot: [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC
benkay: also an interesting note: the oldest posts on the securities forum on bitcointalk are from like march. was there a db restore in which btctalk dropped all date information or something?
mircea_popescu: what ?!
pankkake: maybe the section did not exist
mircea_popescu: https://bitcointalk.org/index.php?topic=8167.0
ozbot: SkepsiDyne Integrated Node - The Bitcoin Mining Company
mircea_popescu: one of the first.
pankkake: and it was on a more generic one
pankkake: yeah, just Marketplace
mircea_popescu: there's also something run by uhhh... what was his name, the weirdo indian guy
mircea_popescu: and some shitty thing run by i forget who. those were the first three.
assbot: [MPEX] [S.MPOE] 5033 @ 0.0009111 = 4.5856 BTC [-]
assbot: [MPEX] [S.MPOE] 5417 @ 0.00091747 = 4.9699 BTC [+]
KRS1: If I'm an investor in a company using bitcoin and the day after my investment, bitcoin market price shoots upward and remains high, it kind of sucks I'm still investor X having invested only btc $Y.
kakobrekla: btw benkay re mixing, there is no g uarantee you will not get your own coins back
KRS1: However dividends paid out would make it equal i suppose.
KRS1: Unless dividends paid are always in fiat based on btc investd.
mircea_popescu: kakobrekla there is however a guarantee a third party can't establish they're your coins.
mircea_popescu: KRS1 you have 1 btc. you invest it. company trades it for 100 dollars, buys a hooker. the hooker makes 10 dollars a week.
mircea_popescu: your share yields .1 BTC a week, and thus is worth w/e .1 * riskfreerate comes to.
mircea_popescu: tomorrow btc goes to 10k. now your share yields .01 BTC a week, thus is worth 1/10 what it was.
kakobrekla: do we give out certificates or guarantees?
kakobrekla: one can see it as a weird bet
mircea_popescu: kakobrekla but suppose you go bet, and put in an address.
mircea_popescu: now, you know that that's your address, but someone looking in doesn't.
mircea_popescu: maybe you put obama's address in as a prank.
kakobrekla: obama will have trouble.
mircea_popescu: well so then.
kakobrekla: it gives clues and if futher investigation happens you can be out of luck
kakobrekla: so the guarantee isnt there
mircea_popescu: in this sense, the clue given is no different from the clue of "we don't like your face very much"
mircea_popescu: it's not a clue, it's purely arbitrary.
kakobrekla: arbitrary clue.
kakobrekla: police uses shrinks
kakobrekla: why wouldnt they bitbet.
mircea_popescu: i'm saying they wouldn't ?!
kakobrekla: ok chief of the universe.
mircea_popescu: lol how did i get mixed into this
mircea_popescu: I DISAGREE WITH EVERYTHING
pankkake: "Further more there is no company behind Sollar Bonds. As stated it is an Open-Sourced Dac with a Social Contract attached to each bond. Google social contract. Sollar Bonds is not a company it is a DAC-DAO."
mircea_popescu: awww, so close to it being a herp-derp!
kakobrekla: what is dac dao
mircea_popescu: ;;google DAC-DAO
gribble: Dac Dao Tran | Facebook: <https://www.facebook.com/dacdao.tran>; Ho Dac Dao: <http://hodacdao.com/>; ky niem lop k16- Phan vien Mien Nam - YouTube: <http://www.youtube.com/watch?v=UEYRIFg5A5Y>
pankkake: decentralized autonomous corporation and the other I don't know
mircea_popescu: i got a Dấu hiệu của người sắp đắc đạo - Thực Dưỡng
mircea_popescu: pankkake "o i know, we'll rename mpex shit and pretend like we matter". gotta love the kids.
pankkake: no, it's worse
mircea_popescu: obviously.
mircea_popescu: "we'll copy [what we understand]"
Duffer1: "Sollars is private, its distributed, and its privately distributed with no central points of failure BUT a central point of value and accountability (our company & community)"
pankkake: it's worser
mircea_popescu: lol
mircea_popescu: this promises to be better than dmc.
jurov: just curious, do preorder schemes apply for that list?
mircea_popescu: they should i tihnk.
assbot: [HAVELOCK] [AM1] 1 @ 0.624999 BTC [+]
mircea_popescu: ;;later tell RBRubicon dude seriously, fix that connection.
gribble: The operation succeeded.
mircea_popescu: "This creation of a new city, piled on top of the massive tribute owed to the Persians, as well as the necessary donative to the army to secure its acceptance of his accession, meant Philip was desperately short of money. To pay for it, he ruthlessly increased levels of taxation, while at the same time he ceased paying subsidies to the tribes north of the Danube that were vital for keeping the peace on the frontiers."
assbot: [HAVELOCK] [HMF] 40 @ 0.027 = 1.08 BTC [+] {2}
mircea_popescu: you know... it occurs to me the us is so utterly out of moneyz, it's actually running short on stuff to pay its allies.
mike_c: luckily our tribes to the north are vital for only maple syrup
Diablo-D3: >US pays allies
Diablo-D3: lol.
mircea_popescu: yeah, but the tribes in the midwest...
mircea_popescu: afghanistan gdp is nominally 18bn, of which ~3bn direct us deposits.
benkay: https://bitcointalk.org/index.php?topic=2503.0
ozbot: Bitcoin in China
benkay: Nefario: "I'm in China, English teacher, slow/poorish Ruby webdev programmer."
mircea_popescu: anyway, usaid economic support went 8-7-5bn 2009-2011
kakobrekla: lol benkay i thought you were joking.
mircea_popescu: http://upload.wikimedia.org/wikipedia/commons/a/a8/Philipnote.jpg << anyone guess how old this thing is ?
kakobrekla: mircea_popescu re asset list, grep the old assets logs to compile one, you should be able to get full glbse there
assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [+]
kakobrekla: most of the rest is still obtainable
mircea_popescu: kakobrekla interesting idea, lessee.
jurov: one'll have to check the benkay's list thoroughly, if he does it.
jurov: i just found he divided MPEx into 10 billion shares instead of 1b
mircea_popescu: zing.
benkay: >.<
assbot: [HAVELOCK] [B.MINE] 1 @ 0.13 BTC [-]
mircea_popescu: **** BEGIN LOGGING AT Thu Apr 12 23:03:54 2012
mircea_popescu: this looks promising.
benkay: irc logs?
kakobrekla: yea
kakobrekla: like 2 days after chan was created
assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [+]
assbot: [MPEX] [S.MPOE] 8550 @ 0.00090891 = 7.7712 BTC [-] {3}
kakobrekla: he so slow.
mircea_popescu: lol
mircea_popescu: the week otc died
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
kakobrekla: (mind if he would be a month late, it would be the month that otc died)
mircea_popescu: ^
assbot: [HAVELOCK] [NEOBEE] 48 @ 0.0029 = 0.1392 BTC [-]
KRS1: That sucks. I'd rather invest fiat in a company for non variable returns.
assbot: [HAVELOCK] [B.MINE] 2 @ 0.13 = 0.26 BTC [-]
KRS1: or btc I suppose
kakobrekla: ponzi has non variable returns
mike_c: you mean you want a bitcoin CD?
KRS1: I'd rather not receive dividends in btc I suppose..Value is subject to market price.
mike_c: well if you want a fiat CD i'm pretty sure those are available..
KRS1: Oh so the real sex here is that the btc can be worth many timees what it is..I suppose it can go the other way too.
mircea_popescu: http://dpaste.com/1579433/
ozbot: dpaste: #1579433
assbot: [HAVELOCK] [B.MINE] 1 @ 0.13 BTC [-]
assbot: [HAVELOCK] [AM100] 45 @ 0.00596698 = 0.2685 BTC [+] {2}
mircea_popescu: 295
kakobrekla: kako & mp saves the day.
mike_c: [SATOSHISDAEMON.HORSE] must have been a winner
mircea_popescu: nah, it was a filly never ran
mircea_popescu: she just didn't like running, the owners said.
kakobrekla: the stakes were high, err, i mean tasty.
mircea_popescu: anyway, plenty of old assets never traded
mircea_popescu: like the aforementioned skepsi
kakobrekla: cmon i thought that was pretty funny
mircea_popescu: :p
mike_c: http://2.bp.blogspot.com/-JnxM_vuAsuY/Tzbk6hagwbI/AAAAAAAAAho/5p5kBwiWw54/s1600/sd.jpg
mircea_popescu: shit, this only goes to march 2013
kakobrekla: i wonder if that horse ever saw a stable
kakobrekla: or was it just down
assbot: [HAVELOCK] [DEALCO] 26 @ 0.00446998 = 0.1162 BTC [+]
assbot: [HAVELOCK] [PETA] 15 @ 0.04999994 = 0.75 BTC [+]
dub: it ran twice
mike_c: hehe, first race it placed last
kakobrekla: and last race, he places first,
dub: two lasts iirc so it went off to be a trail^Wglue horse
kakobrekla: in stakehouse.
assbot: [HAVELOCK] [DEALCO] 74 @ 0.00446998 = 0.3308 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.624999 = 1.25 BTC [+]
dub: I had a peice of that
dub: actually not a bad model
mircea_popescu: horses ?
mike_c: selling crappy racehorses?
mircea_popescu: yeah if you hav someone competent.
dub: I've got a buddy who owns racehorses actually.. hmm
mircea_popescu: is he a btc buff ?
dub: learning
kakobrekla: you know, bitcoin means "to be a horse" in slovene
mircea_popescu: hahaha
benkay: are the glbse assets on that list?
mircea_popescu: yes, but hang a second, it's incomplete yet.
assbot: [HAVELOCK] [B.MINE] 1 @ 0.14 BTC [+]
mike_c: it's funny cuz it's true :) "biti konj" ?
mircea_popescu: http://dpaste.com/1579444/ <
ozbot: dpaste: #1579444
mircea_popescu: 470, but a whole bunch of mpex options etc.
benkay: mhm
mircea_popescu: [OBSI.HRPT] << look at that lol
mircea_popescu: possibly the cleanest scammer to date.
benkay: that's not a canonical list though, right? there are other 'security' trading operations not reporting trades in -assets-trades, correct?
mircea_popescu: benkay everything that ever actually traded since april 2012 till today is in that list, except bitfunder stuff cause Ukyo never got with the program.
assbot: [HAVELOCK] [AM100] 25 @ 0.00596696 = 0.1492 BTC [-]
mircea_popescu: so you'd need to add bitfunder, pre-2012 crap (since may 2011, on the forum) and that'd be about it
benkay: oof
benkay: much work
mircea_popescu: such doge!
benkay: https://bitcointalk.org/index.php?topic=3370.msg54804#msg54804
ozbot: Looking for co-investor(s) for credit rating and bail bond system
benkay: glbception
assbot: [HAVELOCK] [SFI] 350 @ 0.000848 = 0.2968 BTC [-]
mircea_popescu: mhm
mircea_popescu: anyway, the true value one receives from completing this monstrous task is attaining a knowledge equal only to the gods themselves.
benkay: no shit.
mircea_popescu: tbh making this list, by hand, would be the qualification for being a bitcoin financial analyst. this is the certificate, like in the old days of the guilds,
mircea_popescu: "go build a boat"
mircea_popescu: let us rejoice we still live in a time when it's humanly possible, and it doesn't even take a full year
mircea_popescu: as opposed to the burdened world of fiat, where useless substitutes take four years+ and deliver no actual value.
kakobrekla: yes mike_c , biti konj
kakobrekla: but you say it bit koin
kakobrekla: dont ask.
mircea_popescu: (which you say donti askj)
kakobrekla: lol
mircea_popescu: hehe
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_mix-your-coins-for-1-bitbet-as-mixer.html << benkay you don't even need to do all that. just make odds-neutral bets on already existing propositions.
ozbot: Mix your coins for 1% - Bitbet as Mixer
kakobrekla: or make a rejected proposition and fund that
mircea_popescu: eh shuddup
mike_c: that's basically what he proposed since pi=4 would be rejected
kakobrekla: why shutup is true
kakobrekla: :(
KRS1: "You Can Raise It But You Can't Spend It" is goddamn perplexing.
mike_c: how so?
kakobrekla: mike_c no fees on prop. refunds
KRS1: Because like the article states, "At what point over the last two years would [actually using the money] have been a good idea?"
mike_c: oh yeah, 0% mixer. nice.
mircea_popescu: yeah, until people start doing this, after which there will be a 5% fucking fee.
mike_c: hehe
mike_c: KRS1: yeah, that's the point. don't invest in a company that is going to use the funds for R&D or have fiat-based returns.
kakobrekla: dont give me that look, i just dont like misinformation
mircea_popescu: yeah.
benkay: hang on, why would π=4 get rejected?
mike_c: cuz it's a bad bet.
benkay: how is that a bad bet?
mike_c: um, because nobody would bet on yes?
benkay: not the criteria.
kakobrekla: if its not accepted you cant put it on both sides also
benkay: well, "bad bet" per bitbet faq at least.
mircea_popescu: btw benkay your footnotes scheme is god damn awful
benkay: my everything is awful
mike_c: said the pot to the kettle
assbot: [HAVELOCK] [AM100] 57 @ 0.00596696 = 0.3401 BTC [-]
benkay: yeah your footnotes suck too
mircea_popescu: "Also, bets which are not really bets but moreover advertising, advocacy, rambling nonsense and such are unacceptable on BitBet."
mircea_popescu: pi=4 falls under rambling nonsense
mircea_popescu: how do my footnotes suck ?!
KRS1: Thats a great article and really "hit home" with me.
benkay: mouseover text is always broken
benkay: has always been broken
mircea_popescu: what! ?
mike_c: 1) not html-encoded properly
mircea_popescu: you hating on the #8217 ?
mike_c: 2) you can't fking read them because they are long and they disappear before you can read the whole thing
benkay: that ^^
mircea_popescu: so click on the thing wtf am i to do
mircea_popescu: want me to hide your back button too ?
mike_c: clicking on them disrupts the reading flow too much
benkay: also iirc your footnotes fuck up your linespacing
mircea_popescu: but i cant contropl how long your browser keeps tooltips up
mircea_popescu: mine keeps them forever.
mike_c: well you could. moar JS.
mircea_popescu: anyway, YOURS suck more because of the pagination you use which is ugly!
benkay: well someday when i'm endowed with a reasonable amount of capital i'll pay someone to fix it
benkay: in the meantime
benkay: there are words, aren't there?
jurov: http://explo.yt/post/2014/01/31/MPEx%3A-The-Missing-Manual-7-Bonds-and-MPOE-stock
mircea_popescu: ^ his
ozbot: MPEx: The Missing Manual 7 - Bonds and S.MPOE stock - serialized delusions
jurov: only futures and i'm done
mircea_popescu: one day when i;m rich ima fix my footnotes
mircea_popescu: jurov you're never done.
jurov: lol at least for today
the20year: mike_c: wrong side of what?
jurov: er..in fact i'm not. today is opex
mircea_popescu: lol
mircea_popescu: just your luck.
mike_c: the20year: you are turning bitcoin into $, which i think is a bad idea.
jurov: he is turning them into brick and mortar
jurov: or at least plywood
the20year: Yeah, i read
jurov: or dry board?
the20year: That's the unfortunate thing with any bitcoin investments, if bitcoin continues to rapidly appreciate
mike_c: well, not any
the20year: But that goes with every single investment in the world that isn't specifically buying bitcoins and holding them
mike_c: untrue
mike_c: bitbet, for example, will not crash if BTC appreciates
benkay: good luck getting btc-denominated rent, the20year
ThickAsThieves: its revenue would decline
mike_c: or it would not decline :)
the20year: I'm not
ThickAsThieves: there are plenty short term investments that could outpace bitcoin
mircea_popescu: name one ?
ThickAsThieves: longterm ones, much harder
the20year: no one would agree to it, additionally no companies would be willing to pay their employees entirely denominated in bitcoin without caveats that would essentially link it to fiat
mircea_popescu: we just went through this with herbi yest.
mike_c: bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation
ThickAsThieves: anything that appreciates in value 10% while bitcoin only moves 2%
mircea_popescu: i guess we managed to conserve purchasing power parity or what was the line ?
the20year: And that would be one of very few examples where it would work ,as long as they can keep their coding fees low
mike_c: kako works for peanuts
ThickAsThieves: <mike_c> bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation <<< it's not that simple
mircea_popescu: ThickAsThieves http://log.bitcoin-assets.com/?date=31-01-2014#468891 ☝︎
ThickAsThieves: many bets were made in months ago
the20year: The only hope that I have looking forward, the reason investors back us is because our company can arbitage low interest rates in fiat to then repay them in a manner that *hopefully* will outpace bitcoin
ThickAsThieves: new bets will be smaller
mike_c: like the february difficulty bet?
ThickAsThieves: i read that conv mp
ThickAsThieves: i said short term
mircea_popescu: a ok. so... not that easy to outpace it.
ThickAsThieves: not on full timescale
mircea_popescu: well... he was saying short term too.
ThickAsThieves: just a slice in time
mircea_popescu: what's short term here, two weels ?
mircea_popescu: you can't run corps on a two week horizon. just getting a sale throguh is longer than that.
ThickAsThieves: 1-90 days at best ;)
mircea_popescu: think about it. you wanna buy a house. you do dd. that's a week if you're mercury himself.
mircea_popescu: then engotiate a price. that's a month or two
mircea_popescu: then you do the paperwork etc.
mircea_popescu: there's your 90 days
ThickAsThieves: or, I buy TSLA at 165 and sell at 185
mircea_popescu: yeah but see, the convenience of financial speculation is built on some people actually doing operations at some point.
mircea_popescu: kinda their problems we're discussing
ThickAsThieves: indeed, TSLA did not actually become $20 more valuable in a few days
mircea_popescu: moreover, you can arguably have ops w/o speculation, dubious and sickly as that may be
mircea_popescu: you defo can't have speculation without any ops.
ThickAsThieves: what about you backing options?
ThickAsThieves: whats that?
ThickAsThieves: charity?
mircea_popescu: kinda.
mike_c: it's a loss leader
mircea_popescu: nah.
mircea_popescu: it's actually the backstop function of government.
mircea_popescu: "Vitalik understands growth hacking, and got himself a landing page. It's got that modern, professional, single-pagey look the kids all love, and takes in emails. There's even a countdown to the Revolution beginning, although it's entirely opaque as to what precisely is Revolving other than Satoshi in his grave."
kakobrekla: anyway re tooltip, it will even do you a newline http://shrani.si/f/2x/cK/1RC6vAo6/tooltip.png
mircea_popescu: lol benkay sounds like he's read a lot of -assets
kakobrekla: so much leet.
mircea_popescu: kakobrekla that's the good tooltip
kakobrekla: :)
mircea_popescu: "Humans inevitably want to be a part of a thing. Mostly they want to be led into glorious battle by strong men, but since men no longer lead and battle is not a thing, humans now coalesce into writhing, headless balls of worms in the traditional socialist style of leaderless leadership."
jurov: if/when you fid the unicode problem, ask wao-ender for the text
jurov: *fix
kakobrekla: gime the text and ill look at it
mircea_popescu: lol kako's victory dance was shortlived.
benkay: what about it, mircea_popescu?
mircea_popescu: i like it. saves me a lot of typing.
mircea_popescu: go forth and preach it, sister.
benkay: 's not like i came up with it myself
assbot: [HAVELOCK] [B.SELL] 2 @ 0.126 = 0.252 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
mircea_popescu: you ripped it ? where from ?
mircea_popescu: and wtf has exante actually done ?
jurov: kakobrekla looks like it came from there: http://shrani.si/f/2x/cK/1RC6vAo6/tooltip.png
jurov: http://spectator.sme.sk/articles/view/52622/10/all_15_candidates_now_officially_in_presidential_race.html
ozbot: All 15 candidates now officially in presidential race - The Slovak Spectator
wao-ender: kakobrekla: http://hastebin.com/feyuboheti.vhdl
jurov: vhdl?
wao-ender: yes
mircea_popescu: vhdl ?!
mircea_popescu: shit space makes me slow
wao-ender: It's trick!
kakobrekla: ok ill take a look at some point
wao-ender: vov, ten bets, nice
benkay: mircea_popescu many many -assets conversations
mircea_popescu: yea well, you still got the words together naked.
ThickAsThieves: bitcoin magazine isnt done with the derps
ThickAsThieves: "NXT – Proof of Stake and the New Alternative Altcoin"
ThickAsThieves: new alt alt
ThickAsThieves: Yo dawg you like altcoins so much, I ...
mircea_popescu: proof of stake is kind-of the retarded concept of that original scamcoin, what was it
mircea_popescu: solidcoin
mircea_popescu: the guy with the "unspendable" millions that he spent
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.24310363 = 1.2155 BTC
ThickAsThieves: i'm gonna call an altcoin Altcoin
ThickAsThieves: then newbs will be like what are these altcoins i keep hearing about!?
mircea_popescu: hahaha
mircea_popescu: this is a good idea actually.
mircea_popescu: "The Ethereum wiki runs Mediawiki, a tool that seemingly lacks any sort of page indexing, leaving me no choice but to look at all recent changes to all pages for the past thirty days to even get an idea of the scope of writing that's been put into the project." << benkay does this, then complains about forum.
truffles: TAT so meta
ThickAsThieves: incidentally that is one of my ideas for a blog title "So Meta"
truffles: haha
truffles: would read
assbot: [MPEX] [S.MPOE] 9622 @ 0.00091718 = 8.8251 BTC [+] {2}
benkay: whaddaya mean complain about forum?
ThickAsThieves: i dont write nearly enough to hope I'd be good at it, but maybe I read so much it's possible
benkay: i just complain about everything
ThickAsThieves: wait, isnt that why we're here?
assbot: [MPEX] [S.MPOE] 9428 @ 0.0009176 = 8.6511 BTC [+] {2}
truffles: benkay is lurker
mircea_popescu: these pretzels are making me thristy.
truffles: TAT id like to see your writing style, ure prob funny
ThickAsThieves: maybe one day i'll twitch it for you
truffles: :)
mircea_popescu: http://cascadianhacker.com/blog/2014/01/12_crs-on-btc-notes-and-jokes.html << o look, even the deconstructivist approach on quotes.
ozbot: CRS on BTC: Notes and Jokes
mircea_popescu: benkay learns a lot by watching does he.
assbot: [HAVELOCK] [AM100] 83 @ 0.00570353 = 0.4734 BTC [-] {6}
mircea_popescu: also, http://www.independent.co.uk/news/weird-news/metal-band-skinny-puppy-send-us-government-invoice-after-finding-out-their-music-was-used-as-torture-device-in-guantanamo-bay-9100005.html
assbot: [MPEX] [S.MPOE] 5450 @ 0.00091837 = 5.0051 BTC [+]
mircea_popescu: i like how the research office simply restates the MP stand on the matter back in 2012,
benkay: ya well what is research after all
mircea_popescu: yet the "community" and it's "press" fails to print in two inch letters "Hey! We have a guy here that's two years smarter than the best of the USG. That's why you're fucked."
mircea_popescu: lettuce instead focus on what pothead got busted last.
pankkake: > metal band skinny puppy
pankkake: > torture
pankkake: I guess I'm USG-proof
kakobrekla: lol
pankkake: maybe the torture is confusing music genres
mircea_popescu: you they probably torture with arab koran chanting, or with nun music
mircea_popescu: kinda funny, if you think about it, how "torture" = enforced enlarging, in this case. god forbid you listen to some music you don't normally.
pankkake: I would probably like it… I dislike happy music though
mircea_popescu: what else, they make some modest woman go about naked. torture of all hells. yet other women love being nude.
mircea_popescu: basically the one thing people most hate is being exposed to other things.
truffles: pankkake why's that
mircea_popescu: to the degree it's "torture"
pankkake: truffles: happy music makes me sad, while sad/dark music calms me
truffles: weird
truffles: sad music makes me even sadder
kakobrekla: and happy music just sad?
truffles: cheery
pankkake: https://www.youtube.com/watch?v=5jpJ662vgvk
ozbot: KYLIE MINOISE - AVANT-GORE NUDIST ASYLUM - YouTube
truffles: gotta turn on the sad music to go with sad mood amirite
ThickAsThieves: "altcoin" is in the works
kakobrekla: make it sha
ThickAsThieves: i did
pankkake: metaltcoin?
truffles: omg pankkake no seizure warning
kakobrekla: btw if someone wants to do it, primecoin fork with a finite coinbase should do better than most of alts outthere imho
ThickAsThieves: subprimecoin
pankkake: with a coin cap?
pankkake: maybe so, but it will happen eventually
pankkake: certainly slower without asics
pankkake: (block reward decreases with difficulty increasing)
ThickAsThieves: no, Altcoin will be the clear winner because it actually serves a purpose: to clean up the ridiculous altcoin market so everyone can relax, focus on one, and become rich just like early bitcoin adopters!
ThickAsThieves: i'll do to altcoins what i did to mining binds
pankkake: oh it's an altcoin named altcoin
ThickAsThieves: bonds*
ThickAsThieves: gut it
pankkake: let's hope so!
kakobrekla: whens the release
ThickAsThieves: waiting for coingen and the seat of my pants
pankkake: I'll mine it unless it's scrypt
assbot: [HAVELOCK] [SFI] 300 @ 0.00084999 = 0.255 BTC [+] {2}
ThickAsThieves: sha
ThickAsThieves: maybe i'll have post in forums and put in my sig
pankkake: maybe that block erupter will make me rich after all
ThickAsThieves: lol
mircea_popescu: Much of the noise in the liberal American internet revolves around making people feel good by talking about things they think are bad and raising the consciousness in a futile quest to change the world by talking. There are hugely diminishing returns to raising consciousness (even assuming the ideas you're promulgating aren't of the rankest communist origin). << this.
mircea_popescu: fucking "raise awareness".
assbot: [HAVELOCK] [SFI] 180 @ 0.00084999 = 0.153 BTC [+]
mircea_popescu: it only works for boobs.
benkay: you gotta stop this mp
benkay: gonna make me think my opinions aren't useless blather
ThickAsThieves: it's a good point
pankkake: writing your opinions make you stronger
benkay: writing makes your thinking stronger.
pankkake: yes, that
mircea_popescu: no actually it's been quite a pleasant read, and you have good points well stated.
mircea_popescu: it's of value.
benkay: staaahp
assbot: [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
benkay: ty :)
mircea_popescu: lol
mircea_popescu: s;thematter, noone ever said anything nice to you ?
benkay: problem rather that constructive criticism is so damn hard to come by
mircea_popescu: https://bitcointalk.org/index.php?topic=441523.0
ozbot: i wiil give cryptsy a sugestion since withdrawal delay so much
mircea_popescu: this guy rocks
benkay: praise is cheap, i'm an american child
mircea_popescu: yes, but even us folk occasionally do things well.
mircea_popescu: it can happen.
mike_c: that guy could probably help mtgox too
kakobrekla: lol
mike_c: satoshidaemon to the rescue :)
kakobrekla: it be dead.
mircea_popescu: lol
truffles: Apocalyptic around?
mircea_popescu: https://bitcointalk.org/index.php?topic=431273.msg4843540#msg4843540
ozbot: Ripped OFF by bitbet.us
benkay: i expect what i do to be pretty good, and for people to say 'wow that's awesome' if they're easily impressed (or paste into -assets or w/e). what i vastly prefer is "listen kid, stop blathering here here and there"
mircea_popescu: ALL OF YOU HATERS can go back and get your commissions from "TIC" now and STFU and stay off my honest and legit. post.
mircea_popescu: you payin' kako ?
kakobrekla: ok guys im outta here bye
truffles: benkay samples?
kakobrekla: mircea_popescu thats the dude from the customs btw.
pankkake: the guy is a law student according to his other posts
mircea_popescu: epic shit.
pankkake: https://bitcointalk.org/index.php?topic=354851.msg4743345#msg4743345 I just want to slap him
ozbot: COINBASE - Serious Issue - Reversing Bank Deposits, erroneous withdrawals, etc..
mircea_popescu: he could be the Consumer meets Bitcoin mascot.
kakobrekla: lol
KRS1: I hate to bring this up again.. that article "You Can Raise It But You Can't Spend It" still doesn't make sense to me.
mircea_popescu: KRS1 but you gotta form a question/challenge of som sort
mircea_popescu: else ppl will just go "well that's nice".
assbot: [MPEX] [S.MPOE] 5200 @ 0.00091709 = 4.7689 BTC [-]
truffles: haha
mircea_popescu: "Yahoo Voices is where your expertise and perspectives take center stage! Here you will find millions of articles, videos, and slideshows on every topic – published by Yahoo users, just like you."
mike_c: i would like it make sense. what is unclear?
mircea_popescu: god help me. you mean yahoo is seriously going to do the whole bs usg thing in 2014 ?! after it died ?
benkay: mhm
KRS1: Companies typically launch an IPO to raise funds, along with a business plan, to bring a particular product or service to market with the intent on making a profit. Why shouldn't a company raise funds for X amount of BTC, cash it in for fiat? According to the business plan, the investment should request $X dollars for Y project. As long as the funds are matched, and everything falls
KRS1: into place, the rest is trivial. IPO's are not meant to capitalize and profit directly from investment money.
mircea_popescu: IPO's are not meant to capitalize and profit directly from investment money. << ?! what ?!
mike_c: in bitcoinlandia, there are 2 types of ipos
KRS1: That money is to be used for the particular product or service mentioned in the business plan, right? Or do companies reinvest the money raised from the IPO and make that grow?
mircea_popescu: in general a share placement capitalises the corp. that capital is then deployed.
mircea_popescu: this system whereby corps announce what they intend to use the money for is rare irl.
kakobrekla: more common in croudfunding shit
KRS1: The capital is deployed is key here.
kakobrekla: which is what btc ipos are
kakobrekla: only they are croudscamming
mike_c: well, so is most fiat crowdfunding too
KRS1: The IPO funds should not be reinvested and grown further, they should be used to fund the project mentioned in the business plan right?
mircea_popescu: KRS1 yes. the company, once capitalised, has a fiduciary duty to deploy capital efficiently.
KRS1: So a bitcoin IPO is very different than fiat IPO?
mircea_popescu: efficiently means it will see positive returns above the risk free rate
KRS1: Right, and thats what I'm having a problem with.
KRS1: Why can't the company cash in the BTC to fund the project?
mircea_popescu: aha ?
kakobrekla: www.coindesk.com/new-hong-kong-bitcoin-exchange-welcomes-mainland-customers/
mircea_popescu: because it's likely that this will result in negative returns
ThickAsThieves: they can
mircea_popescu: which is contrary to wat the company is supposed to be doing
ThickAsThieves: the point is way simpler than all this
ThickAsThieves: when you invets your bitcoins, you are selling them and buying that thing
ThickAsThieves: so dont expect to get more bitcoins than you put it
ThickAsThieves: in
ThickAsThieves: what mp is saying
mircea_popescu: ThickAsThieves this isn't really the thing discussed tho
mike_c: i didn't see that statement on the neobee prospectus :)
kakobrekla: <ThickAsThieves> so dont expect to get more bitcoins than you put it < wait what??
pankkake: "HKCex will also allow customers to use deposit and withdraw funds to credit cards using a PayPal gateway" interesting. no dogecoins though
ThickAsThieves: is that he feels that is a major consideration
ThickAsThieves: for the company
ThickAsThieves: when to spend bitcoin
kakobrekla: why would ANYONE invest in ANYTHING then
KRS1: Once you reach yor capitalisation goal, why can't yo ujust move on and mature the IPO as discussed in the business plan? The idea is not to make money off the initial investment, its to make money according to the business plan.
ThickAsThieves: but that company cant outpace bitcoin appreciation in whatever currency it plays in
mircea_popescu: pankkake kakobrekla curious how long that lasts.
mircea_popescu: KRS1 ok, forget bitcoin for a moment, cause this is perhaps throwing you.
mircea_popescu: suppose you are running the Fuckville power plant.
KRS1: Who cares how much you could have made off of the initial BTC investment. As long as you've reached your investment goals, deploy the capital and fund the project.
mircea_popescu: this plant runs on coal.
mircea_popescu: you have some money to buy coal.
mircea_popescu: coal today costs 100 a ton.
assbot: [MPEX] [S.MPOE] 12400 @ 0.00091709 = 11.3719 BTC [-]
ThickAsThieves: you might even say that investing in a specifically bitcoin-industry business exacerbates this problem
mircea_popescu: they just open a new coal mine. this coal mine is larger than any one on earth, and close to your plant.
mircea_popescu: you figure at this juncture coal prices will likely go down, if nothing because of transport, and so forego buying coal yet.
mircea_popescu: next week, the coal mine installs steam power
mircea_popescu: you figure, this will take coal even lower. and forego again.
mircea_popescu: next week, they bring in mega tip top drilling tools. you again....
mircea_popescu: now. you nominally are in the business of buying coal,
mircea_popescu: nevertheless your correct decision has so far been to not buy any coal.
mircea_popescu: what's the problem ?
ThickAsThieves: youre in the wrong business
KRS1: yup
mircea_popescu: no, you're not.
KRS1: Go back to your directors and tell them to rewrite the business plan
KRS1: and IPO
mircea_popescu: uh.
ThickAsThieves: lol
mircea_popescu: you're in the wrong business because your business just got better ?
ThickAsThieves: we're going back! to the future!
mircea_popescu: this doesn't make sense at all.
KRS1: You are god damned right it doesnt =/
ThickAsThieves: nothing got better
ThickAsThieves: it just didnt get worse
assbot: [HAVELOCK] [CFIG] 1 @ 0.12 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.126 = 0.63 BTC [+]
ThickAsThieves: and since time passed, it did get worse
mircea_popescu: it got better, your expenses keep dropping
mircea_popescu: which means your margins keep improving.
KRS1: And investors keep wondering why they invested so much.
mike_c: as opposed to the investors in the company that DID keep buying coal and lost a shitload of money
mircea_popescu: right.
KRS1: At the club house they are getting laughed at by their colleagues.
kakobrekla: lmao
kakobrekla: is this cartoon network?
mircea_popescu: it seems so
ThickAsThieves: why arent more startups proclaiming to be 100% bitcoin?
KRS1: Their wives are ready to leave them and even the security guard at their estate is giving them better investment tips.
ThickAsThieves: i'll start a record label
mircea_popescu: ThickAsThieves because the club house is mostly populated by retards.
mike_c: krs1, wait a year. the clubhouse will have an enitrely different population.
ThickAsThieves: and i wont deal with anyone unless its bitcoin
ThickAsThieves: wanna be a vendor? whats your wallet addy?
ThickAsThieves: etc
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
mircea_popescu: ThickAsThieves sounds like s.mg for sound.
mircea_popescu: if people were actually willing to pay for music this may be a brilliant idea.
KRS1: So if we all invest in a company that needs $100 dollars, using bitcoin, as long as the $100 dollar investment goal has been reached, what is wrong with executing the rest of the business operations?
ThickAsThieves: before i found bitcoin that was the plan a label called Thick As Thieves
ThickAsThieves: maybe i mix em
KRS1: Its perfectly fine to cash in btc for fiat at the time because $X dollar investment has been reached to launch business operations.
mircea_popescu: KRS1 that you don't want to buy a house on fire at the list price.
mircea_popescu: let them either put the fire out or else let the fire run out and see what it's worth
KRS1: You have to purchase at some point though..time is money.
mike_c: around we go. what is wrong with it is that in a year that company will be worth $200 and the bitcoins it raised will be worth $2,000
mircea_popescu: jurov http://explo.yt/post/2014/01/31/MPEx%3A-The-Missing-Manual-7-Bonds-and-MPOE-stock << pretty good shit. nice and thorough.
KRS1: mice_c: Investment funds are requested using an IPO based on a business plan. If you never execute it and expecting your capital to fund the business, thats a big problem.
benkay: that'd be because i wrote it, mircea_popescu
mircea_popescu: benkay wait, wut ?
ThickAsThieves: maybe this could be the first charge of the Bitcoin Republik, we make a 100% Pure Bitcoin badge
benkay: ;)
jurov: benkay, maybe you wrote it and you will get paid
ThickAsThieves: any person or entity that only deals in bitcoins
jurov: but it was wildly inaccurate at places
mike_c: yes, it's not that companies using their bitcoins are doing something "wrong", just stupid.
truffles: lotta bitcoiners straddling the fence, makes me doubt their faith
mircea_popescu: lol jurov is such a capitalist :D
jurov: btw, part 8 futures is there too
benkay: there were mistakes in the pricing examples.
deadweasel: mind you all, i failed at it first.
benkay: scuse me - i made mistakes in the pricing examples.
KRS1: If the market crumbles on bitcoin and you never executed your business plan and angry investors everywhere want your head then what?
truffles: hide
KRS1: This is why I think that article is bunk.
deadweasel: change usernames
ThickAsThieves: well it was part of the plan right?
KRS1: Well written, but has no logical basis.
mircea_popescu: KRS1 but looky, what officers do is make calls.
mircea_popescu: some of them make good calls, some of them make bad calls.
ThickAsThieves: just state in your plan your bitcoin strat
mircea_popescu: this is the substance of the ipo
mircea_popescu: not some "business plan", that's not how ipos work
mircea_popescu: that's how board meetings work, where the board selects ceos
KRS1: Its an intriguing problem, but if the IPO is never launched and the business keeps investing the initial investment funds, which is risky, then this is idiotic imo.
mircea_popescu: i guess in retrospect this is yet another one of those places where naive "financiers" of the glbse troop confused discting things cause well, what did they know
kakobrekla: KRS1 if you dont want bitcoin exposure, GET THE FUCK OUT OF BITCOIN
ThickAsThieves: so mp, he has a point you should elaborate on
mircea_popescu: KRS1 well sure. but in principle, yeah, if you don't trust a unit of account it's saner for you not to hold it at all
KRS1: kakobrekla I think you are missing what I'm saying..sorry if I wasn't clear..
mircea_popescu: than to invest in corps that use it but have foreign assets.
ThickAsThieves: what specifically IS your recommendation on how a bitcoin-funded op spends
mircea_popescu: for instance : if you think the dollar is going to shit, you're better off buying euro, than buying Ford shares on the thinking that ford does business in yurp
mircea_popescu: at least grosso modo speaking
benkay: hey mircea_popescu Ubitex looks like it beat Skepsidyne to listing: https://bitcointalk.org/index.php?topic=6838.0
KRS1: ThickAsThieves: My recommendation is simple...if the IPO requests $X amount of dollars to fund project Y, convert BTC to fiat and execute the business plan accordingly to yeield project Y. Simple. Don't reinvest investment dollars. Thats stupid.
mircea_popescu: o hey yes. benkay. "Shares are not securities." lolzy
kakobrekla: they are indeed insecurities, mostly.
mike_c: ThickAsThieves: a btc-funded op should spend its money to make more bitcoin. like to bankroll just-dice.
ThickAsThieves: like if S.MG has a fiat expense, what, youre gonna rob shareholders?
mircea_popescu: KRS1 "if the IPO requests $X amount of dollars to fund project Y" contradicts " convert BTC to fiat"
ThickAsThieves: we're kinda saying all spending of bitcoin is bad business, right?
mike_c: yes
mircea_popescu: we're saying that the quick increase in the btc rate puts responsible, competent ceos in the position where they forego fiat deployments
mircea_popescu: this is a major problem for bitcoin atm.
KRS1: But you have to spend it to make anything happen.
ThickAsThieves: atm, or forever?
mircea_popescu: no argument. which is why it's a problem.
mircea_popescu: ThickAsThieves hopefully it settles down.
mike_c: seems like s.nsa built cardano with 2% of their ipo funds
ThickAsThieves: such a waste!
mircea_popescu: mike_c well, there's only prototyping for one board reported yet, and moreover most of the cost is engineering time, which obviously doesn't show
KRS1: You aren't launching an IPO in hopes to do business to reinvest investment funds. You are launching an IPO to do business according to the business plan of whatever business you are going into. BTC is irrelevant.
mike_c: yes, it doesn't show. but that's the point. you don't necessarily have to spend a lot to make progress.
mircea_popescu: seems a misrepresentation of what an ipo is.
pankkake: I don't know many businesses that end up doing what was planned at first
kakobrekla: KRS1 a bunch of companies have a bunch of people dealing nothing but with FX risks
pankkake: I mean, not exactly
kakobrekla: which are way smaller there than here.
kakobrekla: think about that.
KRS1: I must be out of my mind for thinking logically here and believing an IPO and a business plan should work together to do exactly what they fucking say they are going to do.
mircea_popescu: you are, yes.
assbot: [HAVELOCK] [AM1] 1 @ 0.60000001 BTC [-]
mircea_popescu: you're basically proceeding into some sort of glbse/kickfunder extrapolation as if it were a thing
mircea_popescu: they're marginal.
mike_c: krs1, that is simply incorrect.
mircea_popescu: da fuck was tha tthing called anyway, fundkicker, gofuckme, what.
mike_c: no investor in an early-stage company expects them to "follow the business plan"
KRS1: kickstarter?
mircea_popescu: that
mike_c: kickstarter is a lot like btc bizness. 99:1 bullshit but there are some gems.
assbot: [HAVELOCK] [B.MINE] 3 @ 0.2 = 0.6 BTC [+]
mircea_popescu: right, but that's more like a "daddy, gimme some dough to buy beer" sort of venue
mircea_popescu: in which case i suppose if you take the beermoney and buy pot daddy has the recourse of wtf, i gave you that twenny for beer not for pot.
mircea_popescu: an ipo is more like, i am a carpenter, give me money to carpent. the investor has no recourse as to whether the carpenter buys a hammer or a saw,
mircea_popescu: and when exactly.
mircea_popescu: in short, being an actual ceo of an actual corp which does an actual ipo, you are a professional.
mircea_popescu: being a pseudo-ceo of a pseudo-corp which does a kickstarter thing, you are a whatever, etsy service representative.
benkay: https://bitcointalk.org/index.php?topic=8733.0;all
ozbot: luke-jr is a scammer - he renegged on a bitcoin futures contract
mircea_popescu: in a more wtf line of inquiry, check out this bet that just closed :
mircea_popescu: http://bitbet.us/bet/246/chinas-gdp-growth-to-exceed-8-any-quarter/
ozbot: BitBet - China's GDP growth to exceed 8% any quarter in 2013
mircea_popescu: the datasource (china's stat bureau) has pretty much given up on publishing data
mircea_popescu: last is q1 2013.
mircea_popescu: kakobrekla any idea on wtf we do ?
mircea_popescu: benkay see, your mind's enriching already.
benkay: but not my pocket
mircea_popescu: generally your pocket starts enriching once impotence starts showing up
mircea_popescu: at least that's what i find
benkay: HURRY UP AND WILT, BONER
mircea_popescu: lol
assbot: [HAVELOCK] [AM100] 77 @ 0.00570329 = 0.4392 BTC [-] {3}
mircea_popescu: "Anyone who likes Bitcoin really shouldn’t want any new currencies to be created."
benkay: need moar coins. anyone have any bonerbgone?
mircea_popescu: derp. anyone knows this daniel fellow from the mises circle website ?
assbot: [HAVELOCK] [B.MINE] 1 @ 0.2 BTC [+]
benkay: i kinda take the opposite line on that one - anyone who likes bitcoin should be pleased at the cambrian derpsplosion of altchains
mircea_popescu: indeed.
assbot: [HAVELOCK] [CBTC] 4845 @ 0.00009649 = 0.4675 BTC [+] {2}
assbot: [HAVELOCK] [MS] 20000 @ 0.005 = 100 BTC
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
assbot: [HAVELOCK] [SFI] 150 @ 0.00084999 = 0.1275 BTC [+]
benkay: holy shit one had to run GLBSE in a VM?! https://bitcointalk.org/index.php?topic=12001.0
mircea_popescu: um
mircea_popescu: i don't think you realise how rare deidcated servers were in 2011.
benkay: uh
KRS1: that shit started to really change in 2009
benkay: i'm just a little astonished that one booted a vm to trade these securities
KRS1: bah nothin wrong with that imo
assbot: [HAVELOCK] [B.MINE] 1 @ 0.13499919 BTC [-]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [+]
mircea_popescu: https://coinbase.com/checkouts/c16886a2ff866480977fde7c18ce0edf
ozbot: Pay With Bitcoin
mircea_popescu: o look, coinbase is trying to steal bitpay's lunch
KRS1: mircea_popescu: back to that- good analogy btw heh
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
mircea_popescu: worthless businesses built on worthless models with no defensibility whatsoever by worthless ycombinated minds.
mike_c: coinbase been pushing that hard. offering $1m in free transactions to business that sign up with them.
assbot: [MPEX] [S.MPOE] 11510 @ 0.0009157 = 10.5397 BTC [-]
mircea_popescu: i noticed they take no fees
mircea_popescu: bye bye bitpay revenue for q1.
mircea_popescu: what did they make, 300k q4 ?
mircea_popescu: 287.84 of which out of businesses that did less than $1m historically.
mircea_popescu: KRS1 there's a more subtle problem than the spending bitcoin thing.
mircea_popescu: all i have to do all day is sit here and admire how people fail. i don't even have to do anything at all. just sit pat.
mircea_popescu: now that's an outrage.
pankkake: isn't coinbase usa only?
mike_c: i don't think that will last. surely competant competition will emerge at some point.
mircea_popescu: that bitcoin not spent is better than bitcoin spent we could perhaps live with.
mircea_popescu: mike_c before or after btc stabilizes ?
mike_c: hm
mircea_popescu: obviously eventually time fixes all problems.
mircea_popescu: but you see what i mean.
mike_c: yeah, you've got time :)
mircea_popescu: pankkake even if it is, for what good reason would it stay that way ?
assbot: [HAVELOCK] [AM100] 38 @ 0.00570214 = 0.2167 BTC [-]
kakobrekla: mircea_popescu feeless refund
mircea_popescu: shit. AND i finished the cognac
mircea_popescu: fucking friday night. nao what ;/
mircea_popescu: kakobrekla i think so yeah.
assbot: [HAVELOCK] [B.MINE] 2 @ 0.19995 = 0.3999 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 10400 @ 0.00091334 = 9.4987 BTC [-] {2}
mircea_popescu: can't hold the btc hostage till china. that may be 55 years.
benkay: mircea_popescu: https://bitcointalk.org/index.php?topic=14434.0
mircea_popescu: lol
mircea_popescu: ftr, she was active for like two weeks
mircea_popescu: because even then the forum was so derptarded...
benkay: i imagine she had a business to run!
mircea_popescu: http://mistresskang.com/ <<
ozbot: Mistress Kang
benkay: i see she's doing the nikki minaj routine
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [+]
benkay: heh
benkay: http://fortressnyc.com/images/uploads/279/008.jpg
mircea_popescu: the problem with vaudeville is that you're stuck mimicking mainstream
mircea_popescu: anyway. never cared for her boobjob.
benkay: was going to say
pankkake: oh they had kiko wu! *pornstalgia*
KRS1: mircea_popescu: goes back to something I've noticed as I get older, most fuckwits in business or whatever it is they do, barely do it right. They're usually off putting their efforts in farting or dancing or whatever it is they do other than their jobs.
mircea_popescu: true.
assbot: [MPEX] [S.MPOE] 12150 @ 0.00090902 = 11.0446 BTC [-]
mircea_popescu: i can't believe todd actually went to work for mastercoin.
pankkake: they have lot of monies
pankkake: with bounties like "10 btc for css"
benkay: wat
mircea_popescu: even so.
benkay: i can get some css done for 10 btc
pankkake: they're not litteraly offering that, don't get your hopes up :)
jurov: benkay pm
benkay: jurov my irc is apparently broken
jurov: oh you can't pm?
benkay: apparently not
jurov: i just need your btc addy
benkay: nope.
benkay: do you mind holding payment for a day?
jurov: and reminding me if i didn't pay you the first installment
jurov: not mind :)
benkay: k thanks
jurov: ;;raed benkay
gribble: Error: "raed" is not a valid command.
jurov: ;;rated benkay
gribble: You have not yet rated user benkay
benkay: i'm balls deep in btctalk shit atm
jurov: i see
kakobrekla: i want half, cause of the grep logs idea
mircea_popescu: ^
benkay: this is not for 'securities' review, boys
mircea_popescu: jurov how much do you owe ? we'll take .75 btc for all teh great ideaz
benkay: payment for mpex missing manual
kakobrekla: i still want half
ThickAsThieves: working on some text for Altcoin:
ThickAsThieves: http://dpaste.com/1579602/
assbot: 123!
ozbot: dpaste: #1579602: The Real Altcoin, by tat.investments@gmail.com
assbot: 123!
kakobrekla: lol
mircea_popescu: lol
jurov: you are buying my debt from benaky or what?
mircea_popescu: no, im buying your debt to benkay from you ☟︎
mircea_popescu: like teh usd does it
mircea_popescu: usg*
benkay: wat
jurov: oh, bailout? no problem
benkay: just out of curiosity why?