⏐︎ 26784
assbot: [HAVELOCK] [MS] 300 @ 0.005 = 1.5 BTC
assbot: [HAVELOCK] [B.SELL] 5 @ 0.129 = 0.645 BTC [+]
herbijudlestoids: hullos
ThickAsThieves: hi
herbijudlestoids: woah nelly!
assbot: [HAVELOCK] [PETA] 10 @ 0.04837803 = 0.4838 BTC [-]
herbijudlestoids: http://imgur.com/ywEtbit,t5FOySy,fGcgGH1,eSixHLf distribution, vols, volume, DPO
ozbot: imgur: the simple image sharer
herbijudlestoids: hectic..what happened to MPOE
KRS-One: Pussy Riot was on Colbert Report today
KRS-One: something sexy about the cryllic language spoken by young hot womens.
KRS-One: .bait
ozbot: http://24.media.tumblr.com/tumblr_me7d310VZ81ql928yo1_500.png
herbijudlestoids: was there a dividend payout or something?
pankkake: http://beta.slashdot.org/story/197851
ozbot: Wozniak To Apple: Consider Building an Android Phone - Slashdot
Duffer1: still wouldn't buy it
ThickAsThieves: Wozniak To Apple: Aren't You Glad I'm Not Your Boss?
assbot: [MPEX] [S.MPOE] 13700 @ 0.0008678 = 11.8889 BTC [-] {2}
pankkake: .bait quality bait lately
ozbot: http://31.media.tumblr.com/tumblr_mefeijiE8y1ra0mryo1_500.jpg
pankkake: :(
ThickAsThieves: jinxed it
assbot: [HAVELOCK] [PETA] 5 @ 0.04837802 = 0.2419 BTC [-]
herbijudlestoids: so KRS-One did bitfinex come good last night? or still busted?
ThickAsThieves: some lols:
ThickAsThieves: This https://bitcointalk.org/index.php?topic=451897.msg4981819#msg4981819 and
ThickAsThieves: https://bitcointalk.org/index.php?topic=451897.msg4985587#msg4985587
ozbot: iPhone 5 phones destroyed in protest against Apple's anti-Bitcoin actions
assbot: [MPEX] [S.MPOE] 12500 @ 0.00086813 = 10.8516 BTC [+]
herbijudlestoids: ThickAsThieves: lel
punkman1: "There iz only one good substitute for the endearments ov a sister, and that iz the endearments ov sum other pheller's sister."
punkman1: .bait
ozbot: http://24.media.tumblr.com/4ef65f4b99ad049395011dcd2f0a16a9/tumblr_min8n9s0uN1rbc3jyo1_500.jpg
assbot: [MPEX] [S.MPOE] 2000 @ 0.00086705 = 1.7341 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 1350 @ 0.00311923 = 4.211 BTC [+] {13}
benkay: if you're upset about apple not allowing bitcoins on the iphone, you understand neither apple's business models nor bitcoin. ☟︎
assbot: [HAVELOCK] [NEOBEE] 1000 @ 0.00312349 = 3.1235 BTC [+] {2}
wao-ender: price rush
wao-ender: .bait
ozbot: http://24.media.tumblr.com/4f372e02b4a81a3a23c1a0df6b2ea957/tumblr_miqpsg71IJ1r8825ko1_500.jpg
wao-ender: ThickAsThieves: lol
assbot: [MPEX] [S.MPOE] 15050 @ 0.00086813 = 13.0654 BTC [+]
pankkake: nice tittoo
nubbins`: https://bitcointalk.org/index.php?topic=451897.msg4986222#msg4986222
ozbot: iPhone 5 phones destroyed in protest against Apple's anti-Bitcoin actions
benkay: dumb and dumberer.
nubbins`: with updated graph
benkay: nubbins`: http://log.bitcoin-assets.com/?date=07-02-2014#486092 ☝︎
nubbins`: benkay, +1
sypher_: hi all
Duffer1: hello sir
benkay: good evening
assbot: [MPEX] [S.MPOE] 25800 @ 0.00086813 = 22.3978 BTC [+]
sypher_: any hindsight on whats happening now?
benkay: ;;ticker --market btcavg
gribble: BitcoinAverage BTCUSD ticker | Best bid: 771.23, Best ask: 773.38, Bid-ask spread: 2.15000, Last trade: 772.88, 24 hour volume: 56992.51, 24 hour low: None, 24 hour high: None, 24 hour vwap: 798.18
benkay: gox is falling apart and everyone's trying to cover?
sypher_: aight.
benkay: dunno man ask a speculator
sypher_: was looking at the gox graph of cleared transactions, few minutes ago they started clearing them in bulk ...
sypher_: or pretending to do so.
benkay: how would they go about pretending to clear them?
sypher_: graph data is coming off their servers afaik.
herbijudlestoids: sypher_: got a link to the graph?
sypher_: http://coinsight.org/mtgox.html
ozbot: Mt.Gox Withdrawals - Coinsight.org
benkay: dat average withdrawal size lol
assbot: [MPEX] [S.MPOE] 14170 @ 0.00086705 = 12.2861 BTC [-]
herbijudlestoids: sypher_: thoughts?
assbot: [HAVELOCK] [CBTC] 7386 @ 0.00012998 = 0.96 BTC [+] {4}
herbijudlestoids: to me it looks like they have been clearing the smaller transactions
herbijudlestoids: that is why the avg withdrawal transaction amount is going down
sypher_: herbijudlestoids, i'm just a noob so i may have completely wrong thoughts.
sypher_: I'm thinking that big ones are playing to make it go down so they can buy in cheaper, having it rebound later
herbijudlestoids: well they can already buy it on bitstamp or other exchanges for significantly cheaper than the mtgox price
sypher_: not talking mtgox
sypher_: looking at btce and bitstamp
herbijudlestoids: err no, i meant opinions on the withdrawal transactoins...nevermind
sypher_: sorry, told you, noobish.
sypher_: :)
sypher_: was just here to try and understand that pattern there ;)
herbijudlestoids: which pattern where
sypher_: btce, big sell orders that aren't getting fulfilled, seems to me that many are panic selling under those and thats driving it down quite a bit
sypher_: then the big sell order gets cancelled and put at a lower price, but not getting fulfilled... doing like that since 165 earlier.
sypher_: 765 sorry.
herbijudlestoids: ignore the orders in the book
herbijudlestoids: real volume hits the market directly
nubbins`: fun fact, if you have btc or usd in mtgox, you're part of the problem! :D
sypher_: glad i don't have them then :-) just bought in at 162 on btce, now I'm in almost panic selling mode. :D
herbijudlestoids: sypher_: my guess is its much simpler and that the price on the shitty exchanges is going down to match the price on the good exchanges
assbot: [HAVELOCK] [CBTC] 3500 @ 0.00013001 = 0.455 BTC [+]
sypher_: herbijudlestoids, name a couple good exchanges?
nubbins`: ^ trick question
sypher_: lol, why is that nubbins` ?
nubbins`: obvious answer is correct one ;D
sypher_: haha. :)
herbijudlestoids: the ones clearing transactions successfully, at high volume and with no regulatory issues
herbijudlestoids: check the bid/ask spread to see which has the narrowest and most liquid spread
sypher_: seems like naming them is out of the etiquette here, sorry for the question, didn't know
sypher_: will do
nubbins`: i kid
herbijudlestoids: its not out of etiquette, i dunno for sure so im not gonna name a name
Duffer1: the point was there aren't any to name hehe
nubbins`: implication is that there aren't good exchanges, just varying degrees of shitty
herbijudlestoids: like i said, you can verify quantitatively by analysis of the bdi/ask spread
sypher_: ah, got you guys, thanks for the hand holding
herbijudlestoids: on mtgox right now the spread is $5, bitfinex $0 bitstamp $2, btc $1 and icbit $4
herbijudlestoids: so i would just discard mtgox and icbit for analysis, concentrate on the liquidity of the spread for bitfinex and bitstamp
herbijudlestoids: err s/btc/btce
sypher_: why excluding btce?
sypher_: i mean, why only bitfinex and bistamp, not btce?
herbijudlestoids: ^
herbijudlestoids: i did include btce sorry, there was a typo
herbijudlestoids: use yer brain
sypher_: ;) i meant on the one that you would concentrate ;)
herbijudlestoids: use your brain, interpret what im saying. dont let a typo trip you up
sypher_: aight :)
herbijudlestoids: i feel like the space left by http://casascius.com/ and coldcoins is an interesting space
herbijudlestoids: any thoughts on what it might take to do it right?
Duffer1: don't live in the US?
sypher_: lol
herbijudlestoids: i dont
Duffer1: comply with your local money transmitter laws and you're probably ok
herbijudlestoids: so, sell on darkmarkets instead? lol
punkman1: why do you think physical coins are interesting?
herbijudlestoids: not so much physical coins as metal (i.e. fireproof) cold storage
herbijudlestoids: i think its interesting because its a necessary dimension for all who might want to save bitcoins securely for a long duration
punkman1: I don't see the advantage
herbijudlestoids: where is mircea_popescu when you need him
herbijudlestoids: punkman1: advantage over...a USB key?
sypher_: herbijudlestoids, wouldn't it just be simpler to print it yourself instead of a metal trinket with an embedded key somewhere?
punkman1: sure
herbijudlestoids: sypher_: if you print it, ink fades, paper burns, etc
herbijudlestoids: punkman1: well lets say i put 1,000 BTC into a USB key and encrypt it securely etc and then my house burns down
punkman1: why would you not have a backup of that?
Duffer1: casc coins don't solve that herb hehe
sypher_: herbijudlestoids, chroma life 100years, printed on photographic paper; USB key with a backup in a bank safety box
herbijudlestoids: Duffer1: les casc and more cold in that use case
Duffer1: mill out a qr code on aluminum would do nicely
sypher_: but i do like the idea of metal coins; if only, as 'ego' items ...
punkman1: herbijudlestoids: I think it's a solution looking for a problem
sypher_: i also dig the usb - bit coin enabled key on almost human tv series :-)
herbijudlestoids: punkman1: appreciate the opinion :)
herbijudlestoids: its well out of my realm of understanding
punkman1: it's pretty much the same as backing up any other piece of data
punkman1: if your house burns down, you got fetch it from the offsite backup
herbijudlestoids: i guess i get what youre saying, that having the wallet files stored in multiple locations securely is probly as good as a cold storage device itself
punkman1: wallet file, long brainwallet key, whatever
herbijudlestoids: yea
sypher_: and I'm back in fiat.
assbot: [MPEX] [S.MPOE] 8873 @ 0.00086703 = 7.6932 BTC [-] {2}
assbot: [HAVELOCK] [NEOBEE] 94 @ 0.00313499 = 0.2947 BTC [-]
nubbins`: herbijudlestoids: an embossed labelmaker with some aluminum ribbon, say
herbijudlestoids: nubbins`: why not, for example, laser engraving direct to steel?
asciilifeform: simple recipe:
asciilifeform: etch a circuit board
nubbins`: sure, bit of a higher barrier to entry.
nubbins`: i don't have a laser
asciilifeform: about $50 in supplies
assbot: [MPEX] [S.MPOE] 7000 @ 0.00086813 = 6.0769 BTC [+]
asciilifeform: fiberglass will last centuries, copper might corrode but will still be readable.
asciilifeform: (gold plate it if you want to be sure.)
nubbins`: don't you need caustic chemicals for that?
herbijudlestoids: but how does it handle in a fire asciilifeform? :D
asciilifeform: nope
asciilifeform: handles great in fire.
asciilifeform: will look very ugly but keep its shape.
nubbins`: hm, i'm obviously not up to speed
herbijudlestoids: hmmm, i havent etched a board since i was in high school
assbot: [HAVELOCK] [MS] 27 @ 0.005 = 0.135 BTC
asciilifeform: ferric chloride will do
nubbins`: wait, you said no corrosive chems!
asciilifeform: corrosive to copper, that's it
nubbins`: not manflesh?
asciilifeform: not particularly.
asciilifeform: don't eat it.
nubbins`: interesting
pankkake: http://www.cryptocoinsnews.com/2014/02/07/apple-approves-dogecoin-wallet-app-ios/
ThickAsThieves: lol
sypher_: http://rt.com/business/bitcoin-russia-use-ban-942/
ThickAsThieves: read-only
sypher_: russia seems gone >_>
nubbins`: mydoge on ios
nubbins`: ah, my sides
nubbins`: smash all the things!
asciilifeform: meanwhile, http://rt.com/usa/us-postal-service-bitcoin-780/
nubbins`: ^ read that, actually not bad
nubbins`: canada post already sells numismatic coins from the mint
nubbins`: and postal money orders, of course
nubbins`: so it's not a huge leap
sypher_: was reading about the USPS but its just a few talks atm, even the article itself is cautious
nubbins`: nod
nubbins`: high-level meeting
KRS-One: such wow. much credibility.
KRS-One: http://rt.com/usa/us-postal-service-bitcoin-780/
nubbins`: KRS-One, scroll up nine lines.
assbot: [MPEX] [S.MPOE] 4882 @ 0.00086813 = 4.2382 BTC [+]
assbot: [HAVELOCK] [MS] 21 @ 0.005 = 0.105 BTC {2}
nubbins`: http://silvergoldbull.com/silver/1-oz-2014-bitcon-silver-round
ozbot: Silver Gold Bull - 1 oz 2014 BitCON Silver Round - Silver
nubbins`: heh
nubbins`: another lame round from Silver Beatoff Silver Shit
sypher_: uff, when's it gonna stop falling ... i wanna go to sleep! ... >_>
herbijudlestoids: sypher_: what kind of games are you playing that youre losing sleep over the movement
sypher_: nothing, just excited to see the troll box on BTCe with all the boys shouting ... i just wanna buy back in when its gonna stop fallin; exited at a loss some time ago.
herbijudlestoids: what price did you want to buy at?
sypher_: 722 would be my target
herbijudlestoids: why not do a options spread on MPex? short the 722 puts
herbijudlestoids: and long whatever appropriately derisks you
herbijudlestoids: price goes to 722 and you get exercised, if not collect premium
assbot: [MPEX] [S.MPOE] 9800 @ 0.00086838 = 8.5101 BTC [+] {2}
sypher_: you're way over my understanding grade. I'm at the 'buy low; sell high' phase; which i could translate in 'i'm an idiot'. :-)
herbijudlestoids: options give you the right but not the obligation to long/short the underlying asset at a given strike price and date ...e.g the option to long BTCUSD at 1000 regardless of the price as of Jan 2014
assbot: [MPEX] [S.MPOE] 7400 @ 0.00086849 = 6.4268 BTC [+]
herbijudlestoids: option to long is a call, option to short is a put. if you sell a put, youre selling the right for someone to short at a given price
herbijudlestoids: so you sell someone the contract which gives them the right to short BTCUSD at 722. they will never exercise this contract unless the price is <= 722
KRS-One: heh thanks nubbins`
nubbins`: :D
KRS-One: oops
herbijudlestoids: if the contract expires or the price doesnt go below 722, you get to keep the "premium", the cost of the contract you sold
herbijudlestoids: if it does, then they exercise and short BTCUSD at 722, leaving you long BTCUSD at 722
herbijudlestoids: i dun know if MPEX supports naked short the contracts, looks like they only allow you to do what they call a SPLIT order, otherwise known as an options spread, so you short the 722 puts and long some distant strike call, like 1000 calls.
nubbins`: sorry for the stupid question, but i'm exceptionally thick with this sort of thing
nubbins`: that orgy of puts that was purchased the other day
nubbins`: purchaser is expecting btc to fall below ~500 or whatever it was?
herbijudlestoids: its impossible to tell really
herbijudlestoids: they could be insuring long contracts on another exchange or other options
herbijudlestoids: maybe they hold 1000BTC on bitstamp and want to insure against the price going below 500
nubbins`: slightly different question, purchaser profits if btc falls below 500?
herbijudlestoids: depends entirely on implied vol
nubbins`: just based on those actions
herbijudlestoids: if the price goes to 500 but IV when puts were purchased was at 50% and goes down to 20% then the puts might still be worthless
benkay: herbijudlestoids: no naked shorts on MPEx.
herbijudlestoids: value of option includes delta, theta, vega etc
sypher_: herbijudlestoids, thanks for the explanation, I'm trying to get my head around it
herbijudlestoids: nubbins`: buying puts tends to be more of a call on IV than anything else...term structure also plays a part in profit, take a look at the NYSE listed VXX ETF versus VIX for an example of what term structure being in contango can do to a rolling IV long
dexX7: huh wasn't it the other way around aka. this guy sold puts?
herbijudlestoids: well, someone obviously sold the puts to the buyer
nubbins`: D:
herbijudlestoids: if there is no naked puts then they must have been written against something
dexX7: the guyer was mpex/oe?
herbijudlestoids: i doubt its possible to know
nubbins`: afaik mpoe uses bond deposits to back options
nubbins`: although i'm barely at the level of understanding what i just said
herbijudlestoids: no i think youre correct, but i dont know anything about it specifically
dexX7: http://log.bitcoin-assets.com/?date=04-02-2014#479337 ☝︎
ozbot: #bitcoin-assets log
herbijudlestoids: yea
dexX7: soo.. if i understand correctly, when the price goes up, this guy wins, right?
dexX7: just to be sure hehe
nubbins`: no idea anymore
herbijudlestoids: so the trader is shorting BTCUSD 500 puts ☟︎
herbijudlestoids: the trade is a bet on IV being high and leveling off or going down, and that they wont get exercised (i.e. the price wont go below 500)
herbijudlestoids: if BTCUSD goes to 1200 in 1s then IV will go up and the value of the puts will increase commensurately...when puts are fare OTM (out of the money) then their intrinsic value is mostly comprised of IV
herbijudlestoids: if BTCUSD stays at 750 for 2 weeks without budging and IV goes down then the value of the puts goes down and whoever short them profits
herbijudlestoids: IV==implied volatility
herbijudlestoids: am i making sense?
herbijudlestoids: the value of the option isnt dependent just on price
nubbins`: you're talking about a foot above my head here, but the failing is mine, not yours
sypher_: nubbins`, think about how i feel; knowing that you're a whole 2 legs over my head. :-)
nubbins`: i'm a tall man :D
herbijudlestoids: there is no set in stone method to calculate the value of an option. there is the black scholes model which has its proponents and detractors. regardless of which model you use, there is a bunch of standard inputs called the greeks
nubbins`: sure
herbijudlestoids: delta, vega, theta, rho
herbijudlestoids: there is also some others like lambda and gamma, depending on your model
herbijudlestoids: now aside from all of this, there is the current market price that the options are worth
herbijudlestoids: lets stick with the example of a JAN 2015 $2000 BTCUSD CALL
nubbins`: okay
herbijudlestoids: the market price of the options "imply" what the market is considering the value of those greeks will be at settlement
nubbins`: the greeks are seismographs, for lack of a better analogy, correct?
herbijudlestoids: does that make sense? the market price of any given option might be very far away from what your model reckons it should be
assbot: [MPEX] [S.MPOE] 10050 @ 0.00086849 = 8.7283 BTC [+]
nubbins`: yes, sure
herbijudlestoids: so the market is implying, forecasting, trying to get the best price for what they think the options are worth
herbijudlestoids: the forecast isnt just for where the price of BTCUSD will be relativeto $2000 in a years time
herbijudlestoids: its also forecasting vega, delta etc
herbijudlestoids: some of the greeks are numeric values that you can simply calculate, like theta, which is the time value of the option.
herbijudlestoids: depending how far ITM/OTM (in the money or out of the money) the option is depends on what the market price of the option actually consists of
herbijudlestoids: for example, if the option is far OTM (e.g. the price of BTCUSD is $1 and the call is for $2000) then the value of the option will consist mostly of vega and theta (which is decaying as time goes on)
nubbins`: is it fair to say that the price of a given option indicates not only an expectation of price, but of volatility?
herbijudlestoids: like i said, depends how far ITM/OTM
benkay: yes. that is a core valuation principle.
benkay: sometimes a heavier factor than other times.
herbijudlestoids: now options have some synthetic equivalency
sypher_: uhm.
sypher_: herbijudlestoids, nubbins`, got an account at gox?
herbijudlestoids: i.e. shorting a $2000 call has the same/similar payoff profile (at settlement) to long $2000 put
herbijudlestoids: sypher_: no
herbijudlestoids: i own 0.02BTC
sypher_: there's a kinda bad news I'm reading on the troll box
herbijudlestoids: pastebin it
sypher_: gox hacked
herbijudlestoids: pastebin!
sypher_: https://twitter.com/revishere/status/431604103769104384
copumpkin: isn't that hte old one?
ozbot: Twitter / revishere: RT @deletesec: @MtGox ...
nubbins`: that tweet is from yesterday
nubbins`: and to answer your question, no, i don't have an account at gox
copumpkin: the tweet might be
copumpkin: but is the list ancient?
dexX7: it's the old one from 2011
dexX7: matches one to one
copumpkin: yeah
sypher_: then fake >_>
dexX7: yup fake. https://bitcointalk.org/index.php?topic=94308.0 if you want to compare the lists
herbijudlestoids: nubbins`: need more or make sense now?
nubbins`: herbijudlestoids, that clarifies things a bit, but i think what i really need is to visit the library
herbijudlestoids: nubbins`: there is this awesome blogger bill luby, he does vixandmore.blogspot.com ...hardcore options geekery explained for the masses.
herbijudlestoids: mostly for regular markets but its all the same maths
nubbins`: ah, like the Scientific American of finance
herbijudlestoids: i actually got a kickass long vol model for NYSE index ETFs, probly wouldnt work on MPex
mike_c: nubbins, options are entirely about volatility. option pricing is "known", with volatility being the only variable in the equation.
herbijudlestoids: nubbins`: one last point is that you can build positions that are much more dependent on IV than price, for example if i buy a call and buy a put for the same strike and expiry
herbijudlestoids: mike_c: err, well the underlying price isnt known :P
mike_c: strike price is known, spot price is known
mike_c: IV is the only variable
herbijudlestoids: lemme know how your IV only model works if MPBOR decides to move or whatever
mike_c: :) are you saying mpbor is a risk-free interest rate?
herbijudlestoids: well in the case of MPex options are you saying there is no rho?
herbijudlestoids: is the market so locally inefficient that price forecasting ability plays no role in alpha generation?
herbijudlestoids: i doubt
benkay: lol mpbonds risk free
nubbins`: ^
mike_c: sry herb, yes. i am saying rho=0
herbijudlestoids: well in that case ok
assbot: [MPEX] [S.MPOE] 6700 @ 0.00086849 = 5.8189 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.496 = 0.992 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [+]
nubbins`: ;;seen thestringpuller
gribble: thestringpuller was last seen in #bitcoin-assets 1 week, 3 days, 8 hours, 1 minute, and 56 seconds ago: <thestringpuller> ;;ticker
assbot: [MPEX] [S.MPOE] 5294 @ 0.00086763 = 4.5932 BTC [-]
mod6: $vwap ^OIX
mpexbot: mod6: ^OIX 1 day: no data 7 day: average: 106.61730011 high: 106.48204971 low: 122.22370491 volume: 1556 btc: 33.85537371 30 day: no data
assbot: [HAVELOCK] [NEOBEE] 62 @ 0.003135 = 0.1944 BTC [+]
assbot: [MPEX] [S.MPOE] 8880 @ 0.00086849 = 7.7122 BTC [+]
assbot: [MPEX] [S.MPOE] 4705 @ 0.00086763 = 4.0822 BTC [-]
benkay: do you know what's a horrible protocol? the bitcoin network protocol. that's a horrible protocol.
benkay: leastaways horribly specified on the wiki
benkay: maybe i better dig into the satoshi emails or something.
assbot: [MPEX] [S.MPOE] 17535 @ 0.0008696 = 15.2484 BTC [+] {2}
assbot: [HAVELOCK] [MS] 260 @ 0.005 = 1.3 BTC
herbijudlestoids: yey
guest_____: !help
assbot: List of commands:
assbot: !ticker <exchange> <ticker> (desc: returns current ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
assbot: !last <exchange> <ticker> (desc: returns last price value, supported: MPEX, HAVELOCK, BTCTCO) {short: !l}
assbot: !mp <signcrypted dpaste.com url> (desc: returns the response from MPEX order)
assbot: !rules <nick/chan> (desc: chan guidelines) {short: !r}
assbot: !exchanges <nick/chan> (desc: lists exchanges and brokers) {short: !e}
assbot: !jd (desc: returns relevant stats from https://just-dice.com)
assbot: !bash <lines> (desc: bashes last <lines> lines to bash) {short: !b}
assbot: !quote <lines> (desc: quotes last <lines> lines and returns dpaste url) {short: !q}
herbijudlestoids: http://www.zerohedge.com/news/2014-02-06/high-frequency-bitcoins-hft-firms-now-accepting-btc-payment
ozbot: High Frequency Bitcoins: HFT Firms Now Accepting BTC Payment | Zero Hedge
herbijudlestoids: GoCoin is racking up a lot of wins recently it seems
assbot: [HAVELOCK] [PETA] 10 @ 0.04999991 = 0.5 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5400 @ 0.00086763 = 4.6852 BTC [-]
Chaaang-Noi: these fucking alts are everywhere
Chaaang-Noi: i assume gocoin is an alt... if so kill it with fire
Namworld: hey chaaang, long time no see
Chaaang-Noi: hi:)
Chaaang-Noi: been busy
Chaaang-Noi: you have bitvps right?
herbijudlestoids: gocoin appears to be a payment processor competing against bitpay
Chaaang-Noi: ok
Chaaang-Noi: i like bitpay but im glad there are other options
herbijudlestoids: i had never heard of it, but in the last few days iv seen articles about them landing some high profile sounding clients
Chaaang-Noi: cool
assbot: [HAVELOCK] [NEOBEE] 69 @ 0.003138 = 0.2165 BTC [+]
assbot: [MPEX] [S.MPOE] 9050 @ 0.00086771 = 7.8528 BTC [+]
mircea_popescu: herbijudlestoids if only press mattered, all these doge/maxkeiser/go/blablacoins would be oh so important.
Chaaang-Noi: go does not seem to be an alt
Chaaang-Noi: https://www.gocoin.com/
ozbot: GoCoin Payment Platform - Litecoin and Bitcoin Payment Processing for Merchants
Chaaang-Noi: they take btc and ltc
Chaaang-Noi: its like bitpay, i assumed an alt at first as well
mircea_popescu: whoa look at that, btc dropped /
mircea_popescu: kakobrekla http://bitbet.us/bet/714/bitcoin-will-top-1200-before-going-under-800/#c2438 << css hacked!!1
Chaaang-Noi: im shocked it took this long to correct
Chaaang-Noi: question is, where is the low
Chaaang-Noi: never thought id buy more crypto but if we get low enough
assbot: [MPEX] [S.MPOE] 7300 @ 0.00086744 = 6.3323 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 7770 @ 0.00086717 = 6.7379 BTC [-] {2}
herbijudlestoids: mircea_popescu: err
herbijudlestoids: its a payment processor that just landed a HFT hedge fund
Namworld_AFK: No, I don't. I worked at BitVPS for a while tho
mircea_popescu: herbijudlestoids gocoin is not an altcoin ?
herbijudlestoids: mircea_popescu: see the zerohedge link above pls
mircea_popescu: i;ll take your word for it.
herbijudlestoids: its not zh content, repaste from FT, i used the zh link cos most people dont have a FT account
Namworld: I own BitcoinPride tho
herbijudlestoids: anyway, going for a long walk... if youre around when i get back i wouldnt mind askin you about the huge volatility spike on MPOE
mircea_popescu: prolly not as it's late, but tomorrow or w/e
Chaaang-Noi: namworld_afk who runs that?
herbijudlestoids: nw, thx
mircea_popescu: a look it dropped a little
Chaaang-Noi: mp lol
mircea_popescu: i guess people misunderstanding the large option play.
Chaaang-Noi: you cant be that blind
Namworld: Arij
Chaaang-Noi: i dont know him
Namworld: He's from New York. He manages BitVPS's servers in a colo center in NY.
Chaaang-Noi: he is around the forums or irc?
Namworld: Mostly IRC
Chaaang-Noi: okay, ill track him down, thanks
Namworld: He's in here right now.
Chaaang-Noi: that would be too easy :/
Chaaang-Noi: j/k thanks :)
Namworld: He might be sleeping at this time tho
assbot: [HAVELOCK] [PETA] 7 @ 0.04822486 = 0.3376 BTC [-] {3}
davout: morning
mircea_popescu: heya.
mircea_popescu: !t m x.eur
assbot: [MPEX:X.EUR] 1D: 0.00172845 / 0.00172845 / 0.00172845 (850 shares, 1.47 BTC), 7D: 0.00166806 / 0.00170763 / 0.001773 (4111 shares, 7.02 BTC), 30D: 0.0016245 / 0.00172972 / 0.0019975 (18300 shares, 31.65 BTC)
mircea_popescu: davout how come bitcoincharts doesn't list any data from bc ?
assbot: [MPEX] [FT] [X.EUR] 1200 @ 0.00183028 = 2.1963 BTC [+]
davout: because i haven't bothered to look into it since we relaunched
mircea_popescu: mebbe bug tcatm
davout: no it's on my side
mircea_popescu: ah
davout: we used to have a bitcoin charts dedicated api point, which i haven't re-enabled since we relaunched
davout: because stuff
KRS-One: maaaaaaaaan everybody's buggin about the market prices going down.
Chaaang-Noi: im not
KRS-One: Hey Chaaang-Noi long time
Chaaang-Noi: if it goes low enough ill buy more
Chaaang-Noi: yup, hows it going?
KRS-One: great
Chaaang-Noi: cool
kakobrekla: KRS-One whats with the btc, we are poor again
KRS-One: it will be time to start buying kakobrekla
Chaaang-Noi: $600 btc, poor, hahahah
KRS-One: Like mircea_popescu said a few weeks back there will be lower prices, capitulation and a slow and steady rise to the next bubble again..Seems reasonable.
Chaaang-Noi: yup
Chaaang-Noi: im waiting and ready to buy back in if i need to
mircea_popescu: o, are we poor nao ?
kakobrekla: you cant even buy yesterdays bitcoin with a bitcoin
kakobrekla: pft
Chaaang-Noi: lol
assbot: [MPEX] [S.MPOE] 8038 @ 0.00086771 = 6.9747 BTC [+]
mircea_popescu: yeah i guess so, coupla months ago i had mpoe shares worth 100k each and btc was 1200
mircea_popescu: now they're 87k each and btc is 700
kakobrekla: worthless
KRS-One: dump
KRS-One: =[
mircea_popescu: ;;calc (100*1200 - 87*700) / (87*700)
gribble: 0.970443349754
kakobrekla: so
kakobrekla: https://www.mtgox.com/press_release_20140207.html
ozbot: MtGox - Bitcoin Exchange
kakobrekla: this is the cause of panic ?
koin3d: um no.
KRS-One: its certainly fueling things though
Chaaang-Noi: kako that and the russian news and the apple thing and that we need to go lower anyway
kakobrekla: do fuckin explain then koin3d
kakobrekla: russina news?
koin3d: bitcoins in a bear market since end of november duh?
KRS-One: koin3d: took forever eh
koin3d: last few weeks were trending down on no volume = bad sign
mircea_popescu: bwahahaha static state
KRS-One: My short positions have been making me seek cheaper swap
koin3d: 2-3 sellers unloading positions
mircea_popescu: patrickstaticstateman!
Chaaang-Noi: kako there was some clearification on the laws it was seen as anti btc and really making btc illegal in russia, however it was moistly FUD as it was an old law
koin3d: panic went full blown last 15minutes probably near an end here
koin3d: oversold readings on gox worse now then silkroad
mircea_popescu: https://twitter.com/Mircea_Popescu/status/431686847983403010
ozbot: Twitter / Mircea_Popescu: So fatass Karpeles finally ...
koin3d: so what do mtgox traders do considering both btc and usd are now locked
mircea_popescu: they go read fml.tumbler.com ?
koin3d: im pretty sure most of the volume on gox was karpeles
mircea_popescu: yeah, you're not the only one.
assbot: [HAVELOCK] [AM100] 40 @ 0.0047 = 0.188 BTC [-] {2}
mircea_popescu: been a sort of polichinelle's secret for a while now.
Apocalyptic: mircea_popescu, funny thing is that you called it months ago
mircea_popescu: Apocalyptic what's even funner is that in another coupla weeks everyone will have called it months ago in their own estimation :D
koin3d: called what? that turd was floating for a year
koin3d: its about time it gets flushed
koin3d: karpeles should be in jail instead of shrem
Apocalyptic: no shrem deserved it too
koin3d: why?
mircea_popescu: Apocalyptic yes but it's like one of those math problems. karpeles doens't fit with anyone else :D
Apocalyptic: he was an idiot
koin3d: shrems only idiocity was going around preaching how great the government is
koin3d: then gets fucking owned by them lol
mircea_popescu: not quite, but anyway.
koin3d: yes quite.
koin3d: and shrem never engaged in money laundering
mircea_popescu: what's this, the webchat strong opinions service ?
koin3d: at least not by any US definitions of it
Apocalyptic: koin3d, not quite no
koin3d: shrems also jewish, no jews get jail in NYC
Apocalyptic: he openly talked about how a drug user he was and deals with SR vendors
koin3d: they run the fking place
Apocalyptic: "pround stoner" read some headline
koin3d: apocalyptic: so? half of facebook is proud stoners
Apocalyptic: seriously what the fuck did he expect ?
mircea_popescu: is this guy dimsler ?
koin3d: he was made an example of
Apocalyptic: half of facebook isn't engaged in bitcoin-related activities and skating on thin ice
koin3d: shrems mistake was his big fucking mouth
Apocalyptic: yes, this we can agree upon
Apocalyptic: among other things
assbot: [MPEX] [S.MPOE] 5000 @ 0.00086719 = 4.336 BTC [-] {2}
koin3d: mircea: your mouth is legendary too and i do believe US-romania have extradition treaties
mircea_popescu: dude check it out, it IS dimsler.
mircea_popescu: derpy, here's the thing : you gotta be someone before what you think matters.
mircea_popescu: this doesn't change just because internets.
koin3d: ?
koin3d: that was the bottom
koin3d: and you heard it in real time
mircea_popescu: what "?" ?. your S01067cb21b2a491c.hm.shawcable.net (on which you also run a node, huh ?) comes from caledonia, ontario, canada. dimsler's dhcp-20-aa-4b-fd-a4-ce.cpe.sourcecable.net comes from... wait for it... hamilton. ontario. canada.
mircea_popescu: they're a whopping... 20km apart.
koin3d: eh?
mircea_popescu: so : forget about the jews, about the old timers getting somehow magically wiped off, get used with the idea that i rule btc and so on.
koin3d: the fuck you talking about
mircea_popescu: you'll manage a lot better.
KRS-One: heh
mircea_popescu: anyway, enough fun for one day. see y'all later.
KRS-One: bye
koin3d: mircea you are an old timer.
koin3d: and your mouth and scams are all over the internets
koin3d: fucking gypsy
kakobrekla: mebbe you need to smash your iphone?
kakobrekla: ah, its the bitcoin days destroyed that is scaring people
koin3d: theres been someone persistently selling all night
koin3d: coming up on the 200dma
assbot: [MPEX] [S.MPOE] 36000 @ 0.0008663 = 31.1868 BTC [-] {6}
sypher_: morning
kakobrekla: hi
assbot: [MPEX] [S.MPOE] 700 @ 0.00086978 = 0.6088 BTC [+]
assbot: [MPEX] [S.MPOE] 240 @ 0.00086978 = 0.2087 BTC [+]
KRS-One: kakobrekla: the 400K bitcoin bitcoin days destroyed thing?
kakobrekla: aha
KRS-One: it looks, mysterically doomish in the interwebsnet bit background.
jurov: dat mtgox release... i was irrofl
Namworld: So... MPEx gonna bank massively?
Namworld: With that guy who sold thousands upon thousands of PUTs
Apocalyptic: must have been an insider from gox
Namworld: The guy SOLD puts. Which means MPEx bought them. Which means that insider would be a total loser.
jurov: ;;calc (850-730)/730
gribble: 0.164383561644
jurov: ;;calc 850/730
gribble: 1.16438356164
jurov: about 16% profit for mpex if they exercise now
Apocalyptic: Namworld, was a jokr
Apocalyptic: *joke
assbot: [HAVELOCK] [B.MINE] 10 @ 0.0635 = 0.635 BTC [-]
herbijudlestoids: interesting thing about this decline in BTC
herbijudlestoids: its happening on much lower volume
herbijudlestoids: than previous declines
herbijudlestoids: much much much lower
kakobrekla: hm you work as sys admin?
assbot: [MPEX] [S.MPOE] 12273 @ 0.00086491 = 10.615 BTC [-] {2}
herbijudlestoids: kakobrekla: me? yeah ...lets call it large scale ops but yeah ;)
kakobrekla: ah, i thougt your trading was more profitable than consumer goods can cover
assbot: [MPEX] [S.MPOE] 1950 @ 0.00086484 = 1.6864 BTC [-]
Apocalyptic: wait... you said you were a FX trader
herbijudlestoids: i trade
Apocalyptic: thought that was your primary job heh
herbijudlestoids: made lots of money in 2008 :)
herbijudlestoids: i have a job, its for a small company, we are trying to get it bought by a big company...my role is "director of cloud operations" ..
kakobrekla: yes i understand you have a job now, i just thought that what you said before was true
herbijudlestoids: i also trade, usually EOD with a bankroll i luckily made in 2008 when i had no idea what i was doing
herbijudlestoids: what do you mean? lol i trade, i know prop traders, i have been offered jobs at firms that make markets on the HKSE
Apocalyptic: sounds better than some shitty sysadmin job
herbijudlestoids: the job isnt shitty lol
herbijudlestoids: i cant go into it too much, but we are currently in discussions to be bought by a very well known linux company
herbijudlestoids: i own a chunk of the company aside from my salary
bloctoc: here we go
assbot: [HAVELOCK] [MS] 29 @ 0.005 = 0.145 BTC
herbijudlestoids: Apocalyptic: i work on openstack...large scale iaas cloud. mostly managed by puppet. if you wanna see the kind of thing i do, i actually spoke at the last openstack summit http://www.youtube.com/watch?v=j3r3amkMK7E
Apocalyptic: i'm not into cloud stuff
herbijudlestoids: compared to previous jobs, not shitty ;)
assbot: [MPEX] [S.MPOE] 8511 @ 0.00086484 = 7.3607 BTC [-]
assbot: [HAVELOCK] [AM100] 41 @ 0.00465009 = 0.1907 BTC [-] {3}
assbot: [HAVELOCK] [DEALCO] 68 @ 0.00422557 = 0.2873 BTC [-] {5}
assbot: [HAVELOCK] [DEALCO] 82 @ 0.00409303 = 0.3356 BTC [-] {5}
assbot: [HAVELOCK] [AM100] 33 @ 0.00461853 = 0.1524 BTC [-] {5}
herbijudlestoids: kakobrekla: lol like i said, i thought you were talking about a mac G5, you were suggesting instead of repatriating BTC profits and getting taxed, to buy stuff...remember? so yea...i make more than you can put into consumer goods usefully, but yes, unfortunately i dont make enough to buy a gulfstream 5
kakobrekla: you can be like goat and get a scambo
kakobrekla: err sry i ment labo
kakobrekla: lambo
kakobrekla: anyway the point is there are things in between g5 and g5
kakobrekla: the scale is quite fine
herbijudlestoids: so, what, i make some profits and just buy some more ...stuff?
kakobrekla: lol.
Apocalyptic: kakobrekla, you're a sysadmin too ?
herbijudlestoids: kakobrekla: if i cant repatriate profits its less useful. i have a seperate BTC denominated portfolio i need to manage.
kakobrekla: Apocalyptic lol no
kakobrekla: herbijudlestoids well thats where free advice ends
Apocalyptic: what's your job ?
kakobrekla: i run the matrix ☟︎
Apocalyptic: sounds legit
herbijudlestoids: kakobrekla: thanks for nothin lol. "trade bit4x at highest cost than your existing cost base, buy stuff with the profits instead of being able to rebalance them"
assbot: [MPEX] [S.MPOE] 6700 @ 0.00086615 = 5.8032 BTC [+]
Apocalyptic: "Martin Kocevar venetfx" doesn't yield any interesting results
kakobrekla: lol who is martin
Apocalyptic: "Martin Kocevar is a product of tlie Penn- sylvania Dutch region, and he says that as soon as he gets his diploma he is going back to his home" oh wait it does
Apocalyptic: that relevancy
kakobrekla: at least get my name right when you googlefail you know
Apocalyptic: heh, just figured
kakobrekla: otc profile you tell you a thing or two
kakobrekla: should tell you *
kakobrekla: chan went quiet, everyones googling up kako
kakobrekla: i feel penetraded!
kakobrekla: typo cause its uncomfortable
Apocalyptic: lol
Apocalyptic: otc profile tells me what you do in btcland indeed
Apocalyptic: (Martin sounded better than Matic tbh)
kakobrekla: yeah take it up with my mother
Apocalyptic: dem somalia names
kakobrekla: hehe
assbot: [MPEX] [S.MPOE] 1600 @ 0.00086615 = 1.3858 BTC [+]
assbot: [MPEX] [S.MPOE] 8600 @ 0.00086534 = 7.4419 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 8700 @ 0.00086481 = 7.5238 BTC [-]
assbot: [MPEX] [S.MPOE] 10400 @ 0.00086905 = 9.0381 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 349 @ 0.003135 = 1.0941 BTC [+]
assbot: [HAVELOCK] [CBTC] 5000 @ 0.000126 = 0.63 BTC [-] {2}
kakobrekla: ;;tslb
gribble: Time since last block: 46 minutes and 37 seconds
assbot: [HAVELOCK] [SFI] 459 @ 0.00082076 = 0.3767 BTC [-] {5}
assbot: [MPEX] [S.MPOE] 5887 @ 0.00086879 = 5.1146 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 6008 @ 0.00086964 = 5.2248 BTC [+]
kakobrekla: ;;tslb
gribble: Time since last block: 9 minutes and 16 seconds
assbot: [MPEX] [S.MPOE] 13042 @ 0.00087067 = 11.3553 BTC [+] {3}
herbijudlestoids: does anyone have any thoughts on when difficulty might start to level off?
herbijudlestoids: kakobrekla?
assbot: [HAVELOCK] [SFI] 526 @ 0.0008161 = 0.4293 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 6500 @ 0.00087199 = 5.6679 BTC [+]
assbot: [MPEX] [S.MPOE] 11800 @ 0.00087228 = 10.2929 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 7300 @ 0.00087342 = 6.376 BTC [+]
punkman1: http://bitlegal.io/
assbot: [MPEX] [S.MPOE] 14200 @ 0.00087346 = 12.4031 BTC [+] {3}
Mats_cd03: mircea_popescu: when can I expect revenue of mpex to pick up
punkman1: Mats_cd03: you mean like 1800 BTC worth of new account fees?
herbijudlestoids: so iv been thinking about the cex.io website
herbijudlestoids: basically its the best bitcoin laundry in the world
herbijudlestoids: any thoughts?
assbot: [MPEX] [S.MPOE] 7294 @ 0.00087155 = 6.3571 BTC [-]
ThickAsThieves: man i charted all this to a t
ThickAsThieves: such trades
ThickAsThieves: much happy
ThickAsThieves: herbijudlestoids, altcoins might top it
Apocalyptic: http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/
ozbot: My protest at MtGox Offices - 5 to 7th February 2014, Tokyo, Japan. : Bitcoin
ThickAsThieves: wonder if he'll post the video
Apocalyptic: so do I
punkman1: lolprotest
assbot: [HAVELOCK] [PETA] 151 @ 0.04452543 = 6.7233 BTC [-] {14}
ThickAsThieves: sounds a LOT like Bitfunder
ThickAsThieves: soon everyone may get their 6% payout
Apocalyptic: ThickAsThieves, next thing we know Karpeles is in Cyprus in Neo's office
ThickAsThieves: totally
ThickAsThieves: he can ride his bouncey ball there
ThickAsThieves: it's amphibious
assbot: [HAVELOCK] [MS] 77 @ 0.005 = 0.385 BTC
ThickAsThieves: 'I like to think that when I go to a conference, Satoshi Nakamoto is there, and she is pretending to be one the audience' - Andreas Antonopoulos
ThickAsThieves: AA be trollin!
assbot: [HAVELOCK] [B.MINE] 10 @ 0.06119001 = 0.6119 BTC [-] {4}
truffles: prob a tranny
assbot: [MPEX] [S.MPOE] 27050 @ 0.00087357 = 23.6301 BTC [+] {4}
herbijudlestoids: ThickAsThieves: at cex you can hop multiple alts from a single convenient laundry interface :P
herbijudlestoids: i think there is 5 or 6
ThickAsThieves: oh i thought it was all bitcoin
assbot: [HAVELOCK] [AM100] 30 @ 0.00450026 = 0.135 BTC [-] {3}
ThickAsThieves: http://www.walkerart.org/jobs/browse/current-openings/2014/internet-cat-video-festival-coordinator
ozbot: Internet Cat Video Festival Coordinator — Current Openings — Jobs — Walker Art Center
truffles: sounds like a great job, cat videos 3>
truffles: title is misleading, gotta do shitton
herbijudlestoids: wow my weekly allowance of trilema articles finally showed up, mircea is a very good writer imho
herbijudlestoids: i dunno if the WoT will end up as the identifying force for the world, but its a nice idea
truffles: like real life names
ThickAsThieves: yeah just get urself some trilema credits and plug the cookie into any of your commonly used browsers
herbijudlestoids: look man i only got 0.02BTC ok
ThickAsThieves: ive read more trilema than books past year
truffles: wow
herbijudlestoids: i guess i should just fucken buy some
truffles: he's got enough minions doods
ThickAsThieves: minions?
herbijudlestoids: truffles: i have no problems saying i identify with plenty of things he wrote, for example about education
truffles: kiss asses
truffles: sure
ThickAsThieves: truffles it's good to read things that make you uncomfortable
Apocalyptic: truffles, trilema is pure genius
truffles: i do all the time, e.g. irc
ThickAsThieves: then wtf are you here?
truffles: why not
ThickAsThieves: well there are other channels yknow
Apocalyptic: lot of time to waste
truffles: im in many channels
truffles: although uncomfortable isnt the word id used
ThickAsThieves: k i was really concerned
truffles: its no surprise that ppl in certain channels share views
herbijudlestoids: ok..so basically im not allowed to enjoy the writings of a blogger? because...he has enough people who also appreciate it?
truffles: dont take offense
herbijudlestoids: no im genuinely curious lol
truffles: "not allowed" was not said either
ThickAsThieves: i think truffles is more implying that it's all a bit to cultish for him
herbijudlestoids: i dun get it...i havent been paying attention to this corner of the internet at all until ~6 months ago. i only heard about trilema this month...i dont have credits so have to wait if i want to see what half the links in the chan are about...i read them tonight and found them really good...so whats the problem?
ThickAsThieves: too*
truffles: TAT gets me :D
herbijudlestoids: find me something more interesting to read then
ThickAsThieves: now!
truffles: lol
herbijudlestoids: yea, now
truffles: gl
truffles: my interests n urs unlikely to align
ThickAsThieves: between the bitcoin soap opera, standing RSS feeds, and the blogs of this chan, well there's too much to read
herbijudlestoids: would you like to have a discussion about an unrelated matter truffles? politics perhaps? macrofinancial implications of energy resources in tajikistan? gardening or mycology?
ThickAsThieves: conversionbot
truffles: random topics occur all the time itc
ThickAsThieves: conversationbot*
herbijudlestoids: truffles: any opinion on when bitcoin difficulty might level off from its current insane trajectory?
truffles: i have no basis to make any..
herbijudlestoids: surely 28nm is starting to approach the limitations of physics
herbijudlestoids: and from here its all scale out instead of up
truffles: bitcoin is curiosity
truffles: u dont have to direct it all to me noa lol
herbijudlestoids: i must admit, in nov of last year when i randomly read a thread on bitcointalk where someone was asking for projections of how fast difficulty would grow into 2014, i scoffed at someone suggesting it would simply continue at 30%/month
herbijudlestoids: well, i asked before and nobody answered
punkman1: http://bitbet.us/bet/712/bitcoin-difficulty-over-5-6b-before-april/
ozbot: BitBet - Bitcoin difficulty over 5.6B before April
truffles: i could look into a system to find such an answer but it wouldnt be useful to me
herbijudlestoids: punkman1: so the current market implied forecast is "yes" to 5.6b by apr
truffles: it is said that difficulty but i wonder if groups decided to test that..
truffles: difficulty will adjust*
punkman1: it certainly can't continue going up 20% on each adjustment forever
herbijudlestoids: and yet...
herbijudlestoids: ok well im off to watch a movie, have a wonderful day/evening fellows
assbot: [HAVELOCK] [AM1] 1 @ 0.49560001 BTC [-]
assbot: [HAVELOCK] [AM100] 85 @ 0.00456957 = 0.3884 BTC [+] {5}
ThickAsThieves: <herbijudlestoids> truffles: any opinion on when bitcoin difficulty might level off from its current insane trajectory? ---- so, so, difficult imo
truffles: i can suggest to u entertainment in that resepct :D
herbijudlestoids: yea go on
truffles: me?
truffles: what genre do u like
truffles: tv or movies?
herbijudlestoids: just pick your favorite movie of all time
truffles: all time ha no
Duffer1: so maxcoin hit .043 on mcxnow...............
herbijudlestoids: ThickAsThieves: do you mean it wont level off until difficulty is "so so difficult"? :P or that its difficult to forecast
truffles: God father I
herbijudlestoids: truffles: good movie, seen it recently tho
herbijudlestoids: Duffer1: the only real question is how many maxcoins do i have to pay max keiser to stop talking
truffles: i enjoyed In Time see if u do
Duffer1: i don't think the amount exists
Duffer1: it's a theoretical number
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
assbot: [HAVELOCK] [CFIG] 5 @ 0.07806 = 0.3903 BTC [+] {3}
ThickAsThieves: herb, i mean that there are too many factors to predict mining diff accurately enought to make any use of it
ThickAsThieves: however
ThickAsThieves: do you know of organofcorti?
ThickAsThieves: http://organofcorti.blogspot.com/
ozbot: Neighbourhood Pool Watch
ThickAsThieves: he's been plotting stuff out for a long time
Apocalyptic: wait
Apocalyptic: is mcxnow open again ?
ThickAsThieves: i heard it was so
Duffer1: mcxnow only closed for a day or so
Duffer1: trading on most of the coins was halted though, but most are back up
Apocalyptic: <Duffer1> mcxnow only closed for a day or so // it closed for months..
ThickAsThieves: let the scamming resume!
Duffer1: no it didn't
truffles: was that the one with c++?
Duffer1: ya lol
truffles: ppl claimed they hit n run
truffles: guess not heh
Apocalyptic: ThickAsThieves, moar scam please
assbot: [HAVELOCK] [NEOBEE] 8332 @ 0.00300029 = 24.9984 BTC [-] {18}
ThickAsThieves: nice buy
ThickAsThieves: er sale
herbijudlestoids: wow graph porn heaven ThickAsThieves!
herbijudlestoids: thanks!
herbijudlestoids: looks like R :D
ThickAsThieves: you're welcome truffles, i distracted him :)
ThickAsThieves: R?
truffles: haha, he was said to be watching movie
ThickAsThieves: oh nvm
assbot: [HAVELOCK] [AM100] 25 @ 0.0044514 = 0.1113 BTC [-] {2}
Apocalyptic: ThickAsThieves, fyi Mark just confirmed the reddit story
ThickAsThieves: well if there's anything juicey in the vid maybe he'll confirm that too
ThickAsThieves: or pay off the guy
ThickAsThieves: for whomever may care http://www.reddit.com/r/neobee/
truffles: well at least its not in murrica
truffles: u should move too :D
truffles: how many ppl chat regularly in here on average?
truffles: want toknow how many ppl would make a majority so i can confirm my guestimate that murrica dominant room
assbot: [HAVELOCK] [AM100] 25 @ 0.0044514 = 0.1113 BTC [-]
truffles: i should know this ...
punkman1: ThickAsThieves: did Neo put those ads on TV?
ThickAsThieves: yes
ThickAsThieves: in Cyprus
punkman1: cringeworthy
assbot: [MPEX] [S.MPOE] 5800 @ 0.00086664 = 5.0265 BTC [-]
ThickAsThieves: consider the culture and situation is different there
punkman1: I'm not very far from Cyprus
assbot: [HAVELOCK] [AM1] 2 @ 0.5199988 = 1.04 BTC [+]
ThickAsThieves: neither is Cairo
kakobrekla: ads on tv?
ThickAsThieves: or Syria
ThickAsThieves: etc
kakobrekla: http://bash.bitcoin-assets.com/?quote=43
ozbot: #bitcoin-assets bash
ThickAsThieves: well, nubbins is bias
ThickAsThieves: hate on it all you like, it's happening
kakobrekla: i dont even know what is suppose to happen
kakobrekla: good audience targeting :)
ThickAsThieves: hehe
ThickAsThieves: unless youre in cyprus
punkman1: random tweet: "What the fuck is this #whoisneo ??? Can't handle it anymore!!!!"
ThickAsThieves: google is hard
ThickAsThieves: ;;google whoisneo cyprus
gribble: The MATRIX 101 - Understanding The Matrix - Frequently Asked ...: <http://thematrix101.com/matrix/faq.php>; Neo-Assyrian Empire - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Neo-Assyrian_Empire>; Κυριάκος (iKyriacos) on Twitter: <https://twitter.com/iKyriacos>
ThickAsThieves: well then
kakobrekla: http://log.bitcoin-assets.com/?date=07-02-2014#486650 ☝︎
ozbot: #bitcoin-assets log
ThickAsThieves: lol
ThickAsThieves: one day the whole conversation in here will be links to log quotes
kakobrekla: once everything is said.
assbot: [HAVELOCK] [AM1] 1 @ 0.5199988 BTC [+]
Troic_: /whois bitstamp
ThickAsThieves: https://beta.ciphertrade.com/orders << kakobrekla, i know you like gawking at new exchanges
ThickAsThieves: https://beta.ciphertrade.com/
ThickAsThieves: http://www.theverge.com/2014/2/7/5386222/a-string-of-thefts-hit-coinbase-bitcoins-most-reputable-wallet-service
ozbot: A string of thefts hit Bitcoin's most reputable wallet service | The Verge
ThickAsThieves: most reputable?
ThickAsThieves: is blockchain chopped liver?
punkman1: " A day after Jeff's second hack, Coinbase enabled two-factor authentication via email for anyone attempting to turn on the API key"
ThickAsThieves: coinbase isnt even a wallet service
punkman1: clearly the answer is to TWOFACTORAUTH harder
ThickAsThieves: they are a moneychanger
assbot: [HAVELOCK] [SFI] 300 @ 0.000816 = 0.2448 BTC [-]
mircea_popescu: herbijudlestoids "whoa nelly" lmao.
assbot: [MPEX] [S.MPOE] 2810 @ 0.00086724 = 2.4369 BTC [+]
assbot: [MPEX] [S.MPOE] 14200 @ 0.0008675 = 12.3185 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 3 @ 0.066 = 0.198 BTC [+]
assbot: [MPEX] [S.MPOE] 24574 @ 0.00086582 = 21.2767 BTC [-] {4}
mircea_popescu: http://trilema.com/2014/how-to-find-out-if-youre-stupid-in-one-easy-step/
ozbot: How to find out if you’re stupid in one easy step pe Trilema - Un blog de Mircea Popescu.
ThickAsThieves: typo efect*
Duffer1: more redistributed Fs
Duffer1: mircea secretly going commie
mircea_popescu: wait what did i do
herbijudlestoids: i ran out of trilema quota already :(
mircea_popescu: o o lol
herbijudlestoids: i will have to wait a week to find out if im stupid
mircea_popescu: herbijudlestoids so buy a credit, what, are you george ? can't pay for parking ?
herbijudlestoids: im in the process of procuring some bitcoins
herbijudlestoids: gotta deposit n shit
ThickAsThieves: visit from tor
mircea_popescu: or from a proxy. or your mom's
mircea_popescu: etc.
herbijudlestoids: o shit yea i totally got a giant pool of IPs lol
mircea_popescu: drive 20 miles like the angry jew guy.
herbijudlestoids: sweet
random_cat: coinbase is a wallet service, even if they do not advertise as such
assbot: [HAVELOCK] [HMF] 23 @ 0.02781608 = 0.6398 BTC [-] {9}
mircea_popescu: random_cat i didn't think they knew what they were.
ThickAsThieves: no they have a wallet feature
random_cat: this is possible
mircea_popescu: meanwhile back @stupid ranch, clueless journo working for obscure publication links to my article on cryptsy, calls me "a commenter". i point out to him he's embarrasing himself.
mircea_popescu: his reaction ? piling moar embarassment with both hands.
mircea_popescu: this is like the one thing god did right : all situations naturally evolve towards the largest lol content.
random_cat: i think they know they are a broker in bitcoin, and everything else is pr
mircea_popescu: random_cat i daresay they know they got a burn rate, and everything else is desperation
assbot: [HAVELOCK] [B.MINE] 8 @ 0.06712174 = 0.537 BTC [+] {3}
random_cat: heh... welll there is that
assbot: [HAVELOCK] [CBTC] 29125 @ 0.00013099 = 3.8151 BTC [+] {3}
mircea_popescu: ;;later tell nubbins` so what's your beef with the altcoinz ?
gribble: The operation succeeded.
ThickAsThieves: they be amoral!
random_cat: not privy to the internals, but my casual observation is that their broker pricing could make them a fuckton of money
ThickAsThieves: his beef may just be with me
Duffer1: i enjoyed that discussion
ThickAsThieves: i didnt
Duffer1: lol
mircea_popescu: random_cat from outside all this shit looks like it makes tons of money.
mircea_popescu: then you get the leaks and discover bitcoinica was net negative for its entire life.
random_cat: heh
mircea_popescu: mtgox is STILL not above water, to this day, and i don't think it has 50-50 odds it ever will
Duffer1: i tried not to pile on TaT, who the hell am I to tell you your conscience
mircea_popescu: etc.
random_cat: mtgox is looking particularly doomed
ThickAsThieves: Duffer1 its more than that
random_cat: but that has been true for a long time
ThickAsThieves: the conversation was several topics pretending to be one ☟︎
mircea_popescu: random_cat this is what you get when you have random clueless fuckwits stuck with massive management takss. they don't know what to do.
mircea_popescu: and it doesn't take very much flailing to step on enough lightbulbs
Duffer1: oh ya the poke at your pmg
Duffer1: pmb
Duffer1: meh, the alt discussion interested me
mircea_popescu: http://bitbet.us/bet/714/bitcoin-will-top-1200-before-going-under-800/ << check out the rich folks speculating proposition derivatives.
ozbot: BitBet - Bitcoin will top $1200 before going under $800
mircea_popescu: ThickAsThieves if he doesn't like you that's you two's problem :D i'm more into trying to discern if he has something that's universally usable
mircea_popescu: !t m x.eur
assbot: [MPEX:X.EUR] 1D: 0.00172845 / 0.00180728 / 0.00183028 (1550 shares, 2.80 BTC), 7D: 0.00166806 / 0.00173534 / 0.00183028 (5311 shares, 9.22 BTC), 30D: 0.0016245 / 0.00173591 / 0.0019975 (19500 shares, 33.85 BTC)
mircea_popescu: cool, the future's workin'!
random_cat: neither mtgox nor coinbase look like massive management projects from here: they look like operations which would fill the room i inhabit to the gills (and possibly cause fistfights)
assbot: [MPEX] [S.MPOE] 35697 @ 0.0008646 = 30.8636 BTC [-] {7}
mircea_popescu: random_cat you are thinking like they are thinking, that "management" = "ops management"
mircea_popescu: this is perfectly untrue. first and foremost, management means strategic management.
herbijudlestoids: so mircea_popescu what was with the vol spike overnight
mircea_popescu: glengarry glen ross is NOT kevin spacey's character.
mircea_popescu: herbijudlestoids i have no idea. looks like some sort of panic or desperation.
mircea_popescu: either someone was a cp in a deal that had to be unwound and they had to liquidate, or else someone somehow figured i'm in the shit.
ThickAsThieves: volume is mostly traders, they got bored and their TA told them a correction was due
mircea_popescu: or w/e, maybe they just got bored.
ThickAsThieves: too slow
ThickAsThieves: :)
mircea_popescu: heh
random_cat: mircea_popescu: it only requires a leader.... i am making no assertions as to number or quality of generals
mircea_popescu: yes well the leader they ain't got.
mircea_popescu: no leader, no business. as unpleasant this truth may be.
assbot: [MPEX] [S.MPOE] 5479 @ 0.00086856 = 4.7588 BTC [+]
mircea_popescu: ah this is a good story. so : three years ago i write a scathing piece dropping dox on this romanian spammer guy. he gets really butthurt keeps calling my office to make btctalk-type legal threats and spends a while "ruining my reputation" on social media venues. eventually simmers down.
chetty: sorta like no president=no country :P
random_cat: eventually it collapses
mircea_popescu: apparently meanwhile forgets all about it, cause he just sent me a spam comment linking to his site. so i... accepted it, replaced his seo-optimized user name with his own name, and put a link to... the three year old article.
mircea_popescu: the advantages of living in a country the size of oregon are so very marked.
mircea_popescu: chetty that may be pushing it, the government is not supposed to be involved in economics.
assbot: [HAVELOCK] [AM1] 1 @ 0.4956 BTC [-]
random_cat: ROFL
mircea_popescu: which means the us leadership is carnegie, not whoever was president,
chetty: operative word being "supposed"
mircea_popescu: much like the HRE leadership is fugger not maximilian.
assbot: [HAVELOCK] [AM100] 86 @ 0.00470469 = 0.4046 BTC [+] {3}
mircea_popescu: http://31.media.tumblr.com/tumblr_me15otBzHe1ru15g3o1_500.jpg << anyone know the band ?
pankkake: https://en.wikipedia.org/wiki/The_Ladybirds - thank the "search image on google" extension
ozbot: The Ladybirds - Wikipedia, the free encyclopedia
assbot: [HAVELOCK] [SFI] 1000 @ 0.000816 = 0.816 BTC [-]
mircea_popescu: fuck me ?!
mircea_popescu: no wai
pankkake: why
wao-ender: looks they are Czech
wao-ender: http://www.bandmap.cz/berusky
mircea_popescu: pankkake cause wrong heads.
mircea_popescu: wao-ender may be just a name coincidence
wao-ender: oh no, sry, yes
wao-ender: that was just their remake.
wao-ender: maybe also playing naked.
wao-ender: haha
wao-ender: Ladybirds 2.0
ThickAsThieves: http://cdn0.sbnation.com/entry_photo_images/9801167/HasanBaglar_Cyprus_Shortlist_Open_Nature_Wildlife_2014_verge_super_wide.jpg
ThickAsThieves: http://cdn1.sbnation.com/entry_photo_images/9801193/HairulAziziHarun_Malaysia_Shortlist_Open_SplitSecond_2014_verge_super_wide.jpg
mircea_popescu: whoa
assbot: [MPEX] [S.MPOE] 2550 @ 0.00086788 = 2.2131 BTC [-] {2}
ThickAsThieves: http://www.theverge.com/2014/2/6/5385468/sony-world-photography-awards-2014-shortlist
ozbot: Leaping wildebeest and cuddling cats: the 2014 Sony World Photography Awards shortlist | The Verge
ThickAsThieves: some of those are a bit too photoshopped
ThickAsThieves: but some cool stuff
mircea_popescu: the dancing mantises are really cool.
ThickAsThieves: http://cdn3.sbnation.com/entry_photo_images/9801073/4_George-Logan_UK_Shortlist_Shortlist_Campaign_Professional-Competition-2014_PRESS_verge_super_wide.jpg
ThickAsThieves: http://cdn2.sbnation.com/entry_photo_images/9801253/NicolasReusens_Spain_Shortlist_Open_NatureWildlife_2014_verge_super_wide.jpg
mircea_popescu: the old guy with the boat wow.
ThickAsThieves: surreal
mircea_popescu: ahahah the riding frog
mircea_popescu: i had a beetle just like that in cr.
mircea_popescu: we called him mr horny
KRS-One: .bait
ozbot: http://31.media.tumblr.com/9a1319a00b8750ac0d8c1ea63da6d05c/tumblr_mjbja19BLk1qcrnfro1_1280.jpg
KRS-One: That looks like somebody's mom.
mircea_popescu: http://cdn1.sbnation.com/entry_photo_images/9801065/1_Sharon-Derhy_Israel_Shortlist_Travel_Professional-competition-2014_PRESS_verge_super_wide.jpg
mircea_popescu: there krs.
mircea_popescu: BOMBSHELL: Snowden downloaded entire roster of U.S. government - all names, home addresses and other personal info of **all** officials and gov't employees -- including law enforcement -- plus bankers, corporate boards of directors and more!
mircea_popescu: bwahaha
KRS-One: omg wow
mircea_popescu: next step : Bitcoin regulates the USG. ☟︎
mircea_popescu: "Remember : we know where YOU live." ☟︎☟︎
KRS-One: bitcoin should be mandatory currency of all governments
KRS-One: talk about transparency.
KRS-One: if they dont want to do it there must be a reason to not trust. !=trust
KRS-One: some exceptions would of course be intelligence and defense.
assbot: [HAVELOCK] [B.MINE] 4 @ 0.064 = 0.256 BTC [-]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0605 = 0.121 BTC [-] {2}
KRS-One: .bait
ozbot: http://25.media.tumblr.com/fadd2c25bb8a9445ed2b9aaf346c482e/tumblr_mx22f91ccr1qa1m48o1_1280.jpg
assbot: [HAVELOCK] [B.SELL] 3 @ 0.1299 = 0.3897 BTC [-]
ThickAsThieves: "
ThickAsThieves: Snowden has made it clear that if he is arrested, if he vanishes, or if he "dies" from any cause whatsoever, ALL of the information in his possession will be published publicly."
ThickAsThieves: is this site for real?
mircea_popescu: i can vouch for that, fwiw.
asciilifeform: in case anyone missed this gem:
asciilifeform: http://cryptome.org/2014/02/robert-hoffman-docs.pdf
assbot: [HAVELOCK] [B.MINE] 2 @ 0.06 = 0.12 BTC [-]
assbot: [HAVELOCK] [HMF] 6 @ 0.02740002 = 0.1644 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.5199988 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.51999891 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.5199988 = 1.04 BTC [-]
assbot: [HAVELOCK] [CBTC] 10000 @ 0.0001327 = 1.327 BTC [+]
assbot: [HAVELOCK] [SFI] 307 @ 0.000816 = 0.2505 BTC [-]
assbot: [HAVELOCK] [AM1] 6 @ 0.5199988 = 3.12 BTC [-]
ThickAsThieves: i wonder if "waste heat" will be an mining pollution problem one day
assbot: [MPEX] [S.MPOE] 12700 @ 0.00086848 = 11.0297 BTC [+] {2}
herbijudlestoids: ThickAsThieves: use the heat to power turbines to pump water uphill :D
pLambert: over time, the block reward will go down, causing mining profit to decrease, and mining hardware efficiency will improve, so mining polution will never be a huge problem.
nubbins`: hi
nubbins`: ThickAsThieves: what makes you think i have a beef with you? ;p
mircea_popescu: <pLambert> over time, the block reward will go down, causing mining profit to decrease << that's not what drives the efficiency
mircea_popescu: over time, difficulty goes up forcing effiiciency up.
nubbins`: mircea_popescu: read the logs, jeez ;p
mircea_popescu: nubbins` i didn't think there was much merit to them is why i ask
nubbins`: i don't have a beef with alts at all!
mircea_popescu: USD658.26735.69815.06 awww.
nubbins`: rubecoin-in-a-box, on the other hand...
mircea_popescu: hm ?
nubbins`: being "against alts" in general is silly, because how could you be against people experimenting with new ideas?
mircea_popescu: ikr?
nubbins`: my issue is with pumping out alts of no value whatsoever beyond providing a venue for cons to fleece rubes
assbot: [MPEX] [S.MPOE] 8994 @ 0.00086491 = 7.779 BTC [-] {2}
nubbins`: and then pretending -- tongue in cheek or not -- that they're serious
mircea_popescu: like https://twitter.com/Mircea_Popescu/status/431158708366626816 ?
nubbins`: sure
mircea_popescu: but i mean...
assbot: [HAVELOCK] [AM100] 35 @ 0.00453484 = 0.1587 BTC [-] {4}
mircea_popescu: what's one to do ? the internet is a contextless medium. i can put a disclaimer in there, and i do. nevertheless, ihave to fit it in 140 chars and anyone is just as likely to "get it" as to get it.
nubbins`: what one is to do is to suggest that the head gets cut off it before it gets out of hand
mircea_popescu: in a more general sense : as tempting as it may be, you can't allocate responsibility to actions by the "effect" they have on people.
nubbins`: and that leads us to yesterday's convo
chetty: Poll: More Americans 'Can't Live Without' Laptops, Smartphones Than Sex
mircea_popescu: hoffman's death is hoffman's problem, you can't be arresting rnadom dope dealers because this guy was a dope fiend.
nubbins`: wait, you can't arrest random dope dealers?
mircea_popescu: " rnadom dope dealers because this guy was a dope fiend"
nubbins`: no, you arrest random dope dealers because x number of people are dope fiends and it has a net negative effect on the society in which the dope dealing takes place
mircea_popescu: well this doesn't in practice work.
nubbins`: or you don't arrest them because there aren't enough dope fiends to give a fuck
assbot: [HAVELOCK] [CBTC] 3000 @ 0.0001327 = 0.3981 BTC [+]
nubbins`: it doesn't work because more people will sell dope
nubbins`: doesn't mean you shouldn't try to convince dealers to stop dealing
mircea_popescu: no, it doesn't work because responsibility is not transitive.
mircea_popescu: you do the dope, you die. that's all there is.
Apocalyptic: what's the price of 1 ALT ?
mircea_popescu: Apocalyptic about the same as a doge, ironically.
nubbins`: you do the dope, you spend your days breaking into houses and businesses to steal shit to buy dope
nubbins`: THIS is why people want dealers locked up
mircea_popescu: what people want is entirely irrelevant tho.
nubbins`: if everyone who dug a vein died, nobody'd care
mike_c: i thought we were all out of soapboxes after yesterday
mircea_popescu: people want what diogenes wanted : to be able to sate hunger the way they sate horniness
assbot: [MPEX] [S.MPOE] 5600 @ 0.00086927 = 4.8679 BTC [+] {2}
mircea_popescu: mike_c no cause i was out and missed all the action
nubbins`: consider the case of salvia divinorum. powerful drug, blast you to hyperspace. was legal in most places until a handful of years ago
nubbins`: because people weren't robbing convenience stores for salvia money
mircea_popescu: it's still legal you kidding me ? i have a bush in my garden
mircea_popescu: it's a spice.
Duffer1: this chan has higher quality soap boxes, they last a while
nubbins`: mircea_popescu: that's a different salvia
mircea_popescu: yeah. right.
nubbins`: cooking sage
mircea_popescu: seer's sage dood.
nubbins`: smoke that, you'll get a headache
nubbins`: ...you have salvia divinorum in your garden.
mike_c: "if everyone who dug a vein died, nobody'd care" << you need a pretty strong soapbox to stand on that.
herbijudlestoids: people are talkin ethnobotanicals
nubbins`: mike_c: the bleeding hearts would care, sure. that's a given tho
mircea_popescu: nubbins` i don't get where you got the idea it's "illegal"
mircea_popescu: fucking spontaneous flora all over the world.
nubbins`: i don't make the laws
mircea_popescu: "Salvia divinorum remains legal in most countries and, within the United States, is legal in the majority of states. However, some have called for its prohibition."
nubbins`: i think the concept of an illegal plant is as foolish as anyone
herbijudlestoids: its a schedule 9 plant in australia
mircea_popescu: there, even wikipedia.
nubbins`: ah, wikipedia ;p
chetty: morning glory
herbijudlestoids: under the law judges can schedule it by weight the same as heroin and cocaine
nubbins`: TBH i haven't kept up on it in recent years, but i was under the impression that many individual states had prohibited it
herbijudlestoids: err s/schedule/sentence
assbot: [HAVELOCK] [AM100] 25 @ 0.0045207 = 0.113 BTC [-]
nubbins`: chetty: +1, although very soapy
nubbins`: chetty: also, leg cramps :(
herbijudlestoids: morning glory aka ipomoea violacea
mircea_popescu: nubbins` i couldn't name one tbh
herbijudlestoids: complex of lysergic acid amides produced by a fungal endophyte ;)
nubbins`: fun fact, i dosed myself on martha steward-branded morning glory once
mircea_popescu: but getting back to the point here : if some scammor is lieing through their teeth, usagi style, it's one thing to add a rider to their crap that whoa, jesus, scam.
nubbins`: mircea_popescu: anyway, the thing that salvia has going for it is that it doesn't lend itself to abuse
mircea_popescu: can't possibly take this to the degree nobody can do anything anymore.
herbijudlestoids: in australia, TGA monitors the internet and schedules plants that they deem dangerous
nubbins`: who's taking it to that degree?
mircea_popescu: i dunno!
nubbins`: :(
nubbins`: anyway, regarding this: http://log.bitcoin-assets.com/?date=07-02-2014#486945 ☝︎
assbot: [HAVELOCK] [AM100] 100 @ 0.00452002 = 0.452 BTC [-] {3}
nubbins`: i'm just trying to reconcile "i wish to be a financial professional" with "i ran a PMB" / "i created a lelcoin"
mircea_popescu: well that may be a complex task.
herbijudlestoids: nubbins`: interestingly, as the only hallucinogenic opioid it seems to have some anti-abuse properties and can assist in the treatment of addiction
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
jayk: yes
mircea_popescu: i mean... i'm not going to hold it against some woman that she goes around naked in public.
jayk: mtgox took a hike
mircea_popescu: however, i'm not going to hold that as HER QUALIFICATION, most times.
nubbins`: herbijudlestoids: it works on opioid receptors, but isn't an opiate. odd plant.
jayk: oh boy
jayk: mtgox ceo
mircea_popescu: "The National Survey on Drug Use and Health, an annual US based survey sponsored by the Substance Abuse and Mental Health Services Administration (SAMHSA), for 2006 estimated that about 1.8 million persons aged 12 or older had used Salvia divinorum in their lifetime, of which approximately 750,000 had done so in that year."
herbijudlestoids: kappa, not all the receptors
mircea_popescu: << they forgot to add "and under 15"
nubbins`: heh
nubbins`: i was 20 the first time i tried salvia
nubbins`: and i think 26 the last time
mircea_popescu: i don't get all you doods with the "trying" shit. have you tried the mains socket, too ?
nubbins`: nope, licked a 9V tho
kakobrekla: i tried mains socket.
mircea_popescu: me too, but that's besides the point
herbijudlestoids: well, personally trying certain things helped me a lot
nubbins`: the picture on the tv stopped moving and the room filled up diagonally with buzzing ;(
mircea_popescu: and it was unintentional anyway
herbijudlestoids: im a good boy these days
kakobrekla: yes, unintentional, several times.
nubbins`: anyway, what's not to get?
assbot: [HAVELOCK] [AM1] 1 @ 0.51997999 BTC [-]
nubbins`: you get to have an experience that your brain would never produce on its own
nubbins`: it's like being shown a new color
mircea_popescu: nubbins` and this yo uwant because...
herbijudlestoids: mircea_popescu: ever heard of the cult of eleusis?
nubbins`: curiosity, yo
mircea_popescu: dude the LAST thing on my to do list is being shown new colors
jborkl: <nubbins`> nope, licked mains socket.
mircea_popescu: too many of the motherfuckers as it is.
mircea_popescu: and what the fuck is chartreuse anyway.
nubbins`: mircea_popescu: this is maybe the fundamental difference between us :D
assbot: [MPEX] [S.MPOE] 10100 @ 0.00086438 = 8.7302 BTC [-]
herbijudlestoids: mircea_popescu: have you ever ingested an indole tryptamine before?
herbijudlestoids: should try it at least once
assbot: [HAVELOCK] [AM1] 1 @ 0.51998 BTC [+]
nubbins`: "Salvia is an unapproved herbal supplement that is prohibited by law for sale in Canada."
mircea_popescu: i guess it is. unless it's a girl showing it to me and the new color is some new shade of pink between her legs, i couldn't care less.
mircea_popescu: new colors pssssshh
nubbins`: heh
nubbins`: the doors of perception, &c!
mircea_popescu: i prefer the depth of reflection
mircea_popescu: what's this, were all russian peasants looking for more land to farm ?
nubbins`: http://lege5.ro/Gratuit/geztembyge/ordonanta-de-urgenta-nr-6-2010-pentru-modificarea-si-completarea-legii-nr-143-2000-privind-prevenirea-si-combaterea-traficului-si-consumului-ilicit-de-droguri-si-pentru-completarea-legii-nr-339-2005-p
herbijudlestoids: the depth can be increased
ozbot: Ordonanta de urgenta nr. 6/2010 pentru modificarea si completarea Legii nr. 143/2000 privind preveni
nubbins`: better hide that plant from the cops
nubbins`: also, what herb said
mircea_popescu: dude you kidding me...
herbijudlestoids: mircea_popescu: just try it once
nubbins`: how you gonna reflect with truth if you've got all the layers in the way?
herbijudlestoids: a goodly dose
BingoBoingo: RE: Coinbase - http://www.theverge.com/2014/2/7/5386222/a-string-of-thefts-hit-coinbase-bitcoins-most-reputable-wallet-service << This sort of "API Key" and "2FA" subversion started happening to Inputs.io not long before their hack/scam. Conclusion: Andreessen Horowitz might be TradeFortress
herbijudlestoids: then we can talk :P
nubbins`: if you ask me, a man isn't a man until he's experienced complete ego death
nubbins`: but hey, what makes me an expert
assbot: [HAVELOCK] [CBTC] 3005 @ 0.000133 = 0.3997 BTC [+] {2}
mircea_popescu: nubbins` complete ego death of some other ego.
mircea_popescu: stop mixing things around bejaysus
herbijudlestoids: nubbins`: you are doing a poor job explaining something that needs be experienced
mircea_popescu: you go kill some other man, not come up with bizarre substitutes in the manner of cutting instead of going out.
nubbins`: herbijudlestoids: that's how it goes
chetty: looking in the barrel of a gun does the same thing nubbins
mircea_popescu: only if it fires.
herbijudlestoids: chetty: an endogenous adrenal response is not equivalent
ThickAsThieves: so far we've got altcoin makers as drug dealers, drugs being illegal, but drugs being okay, and world apthetic to the detah of miners everywhere
nubbins`: staring literal death in the face is different altogether
ThickAsThieves: spelling*
mircea_popescu: herbijudlestoids seriously, you've built yourself this silly whatshisname-wannabeism. it's not some sort of all-encompassing philosophy.
mircea_popescu: it's just pop-derpage.
KRS-One: 'scuse me i have to talk to ozbot in private.
nubbins`: KRS-One, careful, he tells lies
mircea_popescu: da fuck is the guy's name, wrote that disjointed journal thing
nubbins`: ken kesey?
mircea_popescu: no, no
nubbins`: not leary
mircea_popescu: no gah
nubbins`: huxley? hoffman?
mircea_popescu: i can't remember all the druggies in time. brb.
nubbins`: mckenna?
herbijudlestoids: mircea_popescu: not really dude, i view it as an extremely powerful psychological tool...like i say, it helped me, i know. i dont really want to convince you to do it in any sense other than your opinion should be informed
mircea_popescu: burroughs
mircea_popescu: fucking hell.
nubbins`: oh, him
nubbins`: creepy man
nubbins`: occasionally lucid
mircea_popescu: yaya, "substance subculture". it's all aspiring to be picked up by the book people like burroughs.
nubbins`: nah
nubbins`: i don't even think burroughs aspired that much, guy was a miserable sack of shit
mircea_popescu: exactly.
nubbins`: if you ask me, he wrote to stay sane
herbijudlestoids: i dont really have any all encompassing philosophy around it. i dont believe there is some energy or whatever hippy shit
mircea_popescu: that's the appeal.
mircea_popescu: "i don't even have to be aspiring that much, and it's ok being a miserable sack of shit"
mircea_popescu: just a different flavour of emo.
herbijudlestoids: all i am saying is its not explicable
nubbins`: ineffable is the word, herb
mircea_popescu: herbijudlestoids then i'm not really talkin' to you.
mircea_popescu: of course it's not explicable, dude. if I put 500 rems or 18 tesla through my cpu the errorlog won't show anything "Explicable"
mircea_popescu: so what of it. doesn't make it less banal
nubbins`: mircea_popescu: well, you're describing the difference between burroughs and the wannabe burroughs
nubbins`: or, really, the difference between the people who did shit and the people who want to
mircea_popescu: nubbins` i'm saying that the interest in otherwise uninteresting subject matter is driven by otherwise underemployed, bored and inept kids.
mircea_popescu: then they keep hearing about it from all the other underemployed, bored and inept kids and start thinking it's part of relaity
mircea_popescu: because that's how the reality-function works in the cowsy brain
mircea_popescu: and now they gotta "experience" it.
mircea_popescu: mind that this entire discussion started from "why would idiot 12yos snort bath salts" and is not unrelated to the "massive popularity" of silk road
nubbins`: well no shit people talking about shit that happened inside their heads is banal to everyone else
mircea_popescu: that laughable piece of shit that couldn't sell one cocaine brick in one month,
assbot: [HAVELOCK] [B.MINE] 3 @ 0.06999 = 0.21 BTC [+]
mircea_popescu: and whose only legacy is all over reddit, cantina marketplace etc.
mircea_popescu: so perhaps we are talking at somewhat oblique purposes.
herbijudlestoids: "bath salts" aka mephedrone or 4-MAR or MDPV or similar substances under the same common name has little do with silk road and hugely to do with the proliferation of chinese generic manufacturers keeping their factories open for an extra hour each night
nubbins`: how's that different from any other day here :D
assbot: [HAVELOCK] [B.MINE] 2 @ 0.06999 = 0.14 BTC [+]
ThickAsThieves: https://bitcointalk.org/index.php?topic=354636.msg4673358#msg4673358
ozbot: [CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit
mircea_popescu: herbijudlestoids everything to do with silk road, dude. it's these kids who don't have to work, can't learn as there's no schools, having nothing to do with their time
mircea_popescu: and having bought into this pop=psychology "self-realisation" and "discovery" bs.
Duffer1: i rather look forward to cannabit's updates
mircea_popescu: so they "Experiment" because "experiences"
mircea_popescu: god forbid they experience something irl. lettuce "experiment" shit holed away in our concrete box.
mircea_popescu: "it's all in the mind, dood"
herbijudlestoids: mircea_popescu: youre generalising
herbijudlestoids: overly
mircea_popescu: verily.
ThickAsThieves: i've lost the thread
mircea_popescu: the point needs to be made tho, because no fucking body seems to.
nubbins`: i uh
Apocalyptic: <Skirmant> it was quite obvious that gox is a shitty exchange and you should avoided at all costs
Apocalyptic: <Skirmant> never understood why people were stupid enough to keep using it
Apocalyptic: mircea_popescu, it's happening :)
herbijudlestoids: mircea_popescu: in australia, we got these things called doofs...its a psytrance party in the bush...lots of the attendants match your description to a tee...lots dont
nubbins`: the point you're making is that the lost kids do drugs to try to find meaning
mircea_popescu: Apocalyptic :p
nubbins`: no fucking shit.
herbijudlestoids: i been to some of them, so i know
mircea_popescu: not even. they're trying to find death already, which has been denied them by all the fucking kid safety devices.
ThickAsThieves: find meaning, escape reality
ThickAsThieves: now i'm too slow
mircea_popescu: ;;google time is going by real slow i think we might be dead
gribble: Chill, Officer - Top 10 Non-Emergency 911 Calls - TIME: <http://content.time.com/time/specials/packages/article/0,28804,1903486_1903487_1903417,00.html>; Microsoft's Xbox One May Be Losing The Console War Due To ...: <http://www.forbes.com/sites/insertcoin/2013/12/07/microsofts-xbox-one-may-be-losing-the-console-war-due-to-kinect-alone/>; Karen Thompson Walker: What fear can (1 more message)
nubbins`: find third dimension, briefly escape Flatland.
mircea_popescu: what srsly.
nubbins`: sure, you end up flat again
mircea_popescu: www.youtube.com/watch?v=cvct5fgEH_U
nubbins`: but wasn't it eye-opening to see that 3rd dimension?
mircea_popescu: nubbins` nope.
nubbins`: you're saying that because you haven't seen it
mircea_popescu: and if i feel like having sex i don't try to sneak into the sheets of a couple that fucked overnight just as they leave for work, either.
mircea_popescu: if i feel like having depth i GO MAKE THE FUCKING DEPTH
nubbins`: this could just as well be a conversation with a mother saying "but gravy is really good, you should try it" and the kid saying "but i don't like it"
mircea_popescu: no.
nubbins`: "i know i won't like it"
nubbins`: "if i want gravy i'll eat some tomato soup"
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00013399 = 0.67 BTC [+]
assbot: [HAVELOCK] [B.MINE] 4 @ 0.06998999 = 0.28 BTC [-] {2}
mircea_popescu: it'd be convenient if this could be stereotypically reduced to that, because you have a lot of experience with that stereotype
mircea_popescu: but it isn't in any way that.
nubbins`: so i really thought i didn't like gravy. sue me!
mircea_popescu: i ain't about to, what do you got to make things personal for.
mircea_popescu: go do whatever the fuck you feel like
mircea_popescu: just don't come tellin' me how central the margin is that's all.
nubbins`: thanks dad, but can you sign the permission slip? teacher says
herbijudlestoids: nubbins`: i think its very easy to not bring anything back to flatland...hard work to "bring something back"...to learn a lesson
mircea_popescu: ow fuck me. there is no lesson
nubbins`: ^ that's the lesson
mircea_popescu: incredible what a broken fucking tool the mind is.
nubbins`: on that we can agree
nubbins`: herbijudlestoids: well, it's just as easy to have a bunch of fun than to learn something
mircea_popescu: romanian makes the distinction between fun and diversion
mircea_popescu: in that it calls both "diversion"
mircea_popescu: i think it actually serves better than calling both "fun"
nubbins`: just because you're in your desk, in school, doesn't mean you're doing math problems instead of doodling monsters
nubbins`: just because you can no longer distinguish the border between your mind and the outside world doesn't mean you're having an epiphany
nubbins`: but, y'know, some kids actually do the math, and are sort of confused when someone tells them "school is just for horsing around anyway"
herbijudlestoids: mircea_popescu: i learned about many personal flaws and managed to correct some "in flatland", permanently. other flaws, still there
nubbins`: mircea_popescu: well sure, lots of diversions aren't particularly fun :D
mircea_popescu: herbijudlestoids lemme tell you a story. a freind of mine had a dumbass father.
mircea_popescu: one day that dumbass father destroyed the family car, by the process of pushing the gas all the way with the hand brake engaged.
mircea_popescu: over about half an hour.
mircea_popescu: he confessed he learned a valuable lesson from this experience :
mircea_popescu: "never again am i using that fucking handbrake"
ThickAsThieves: pretty realistic appraoch
mircea_popescu: pure empirism.
punkman1: I think most languages don't have a word for "fun"
nubbins`: i can only speak from personal experience
mircea_popescu: <nubbins`> just because you're in your desk, in school, doesn't mean you're doing math problems instead of doodling monsters <<< on re-read i suspect this is highly autobiographical
herbijudlestoids: so the analogy youre trying to make is everything i learned was "dont be stupid" and i couldve just figured that out sober?
mircea_popescu: we can only hope mom nubbins isn't ever getting into -assets logs.
mircea_popescu: herbijudlestoids the analogy i'm making is that what you think you've learned and the dataset you imagine you rely on are about as related as my girlfriend and your sister.
assbot: [MPEX] [S.MPOE] 8817 @ 0.00086841 = 7.6568 BTC [+] {2}
herbijudlestoids: i keep telling you i dont have a sister lol
nubbins`: i know plenty of strung-out druggies who float through life with sullen looks and dull eyes
mircea_popescu: omg my formally perfect expression, attacked on empiricist grounds!
mircea_popescu: i don't have a girlfriend! so there!
nubbins`: heh ^
herbijudlestoids: that is what you said last time
mircea_popescu: if anyone does some !b1 bs on that ima haunt you
Duffer1: :P
mircea_popescu: speaking of which, i watched some mae west movie recently. you ever seen these things ? they're so much lol.
mircea_popescu: but anyway, girl sitting on piano : "ever since i first heard this tune it haunts me"
herbijudlestoids: i dun even know what im trying to convince you of really...its 4am and i paused the movie for a sec and saw people talking about salvia
mircea_popescu: pianist : "it should haunt you, you murdered it."
nubbins`: hah
nubbins`: enjoy your flick
nubbins`: anyway, i got off track
nubbins`: i can only speak from personal experience
mircea_popescu: watch the flick be all about potheads.
Duffer1: altcoins?
herbijudlestoids: its enders game
mircea_popescu: nubbins` something that's not reproducible is NOT experience.
mircea_popescu: calling it "personal" doesn't save it.
punkman1: ender's game was fucking horrible
Apocalyptic: <herbijudlestoids> so the analogy youre trying to make is everything i learned was "dont be stupid" and i couldve just figured that out sober? // people like to believe so, cause the thing is much more special and powerfull if achieved under those circumstances than banal thinking
nubbins`: mircea_popescu: so the twin towers falling wasn't an experience?
mircea_popescu: twin towers failing is reproducible
nubbins`: anyway, who says shit isn't reproducible?
nubbins`: i can take some lsd right now if i like
mircea_popescu: i didn't say it isn't. i said if it isn't then it's not.
mircea_popescu: uh.
ThickAsThieves: hehe
mircea_popescu: you're confusing everything with everything, wtf.
nubbins`: i'm driving the conversation here!
mircea_popescu: so release the brake, ikt's going all over the place.
ThickAsThieves: my car!
mircea_popescu: i am not trilema-bashing all this.
nubbins`: brake? we're both doing donuts in a parking lot
nubbins`: shouting at each other through the windows over the screeching and smoke
ThickAsThieves: NSA is gonna think we're talking code at this point
mircea_popescu: somewhere in a nsa psych lab somewhere they're screening all this right now
nubbins`: twist: we ARE talking code
ThickAsThieves: too slow!
mircea_popescu: going "the ill effects of drugz"
mircea_popescu: o may farkin gawd
ThickAsThieves: :)
nubbins`: anyway, ego death, interesting experience
nubbins`: and i think i'm done
mircea_popescu: just you wait till proper age brings you penis death
mircea_popescu: i hear it's even interestinger.
nubbins`: will my penis come back with increased self-awareness?
mircea_popescu: yeah. and it'll live in your butt.
nubbins`: i don't want that D:
kakobrekla: careful not to damage your chi
mircea_popescu: kakobrekla it's normally spelled choad.
assbot: [HAVELOCK] [B.MINE] [PAID] 0.77985399 BTC to 813 shares, 95923 satoshi per share
nubbins`: kakobrekla: just don't send me all your btc, then
Duffer1: mention snowden a few times just to make sure someone reads it
nubbins`: snowden
ThickAsThieves: I saw Snowden
nubbins`: me too
Duffer1: hehe
nubbins`: he gave me a trove of secret docs
Duffer1: oh lawd
nubbins`: i'm going to embed them in the blockchain
mircea_popescu: so for the record : any of the resident experimentalists can tell the difference between sweet and sour crude ?
ThickAsThieves: i wash my ass with lists, there are so many!
mircea_popescu: cause those'd be new fucking colors right there.
nubbins`: mircea_popescu: there was an episode of trailer park boys where they discussed identifying fuel by flavor
mircea_popescu: i can, for instance.
ThickAsThieves: whether the dinosaur at pineapples or not?
kakobrekla: ;;google tpb fuel taste
mircea_popescu: not quite
gribble: Trailer Park Boys - Ricky Explains Gas Siphoning to Cory and Trevor ...: <http://www.youtube.com/watch?v=RXtePW4v8zs>; Trailer Park Boys - Fun Facts and Information - Fun Trivia: <http://www.funtrivia.com/en/Television/Trailer-Park-Boys-10031.html>; Primal fuel | Mark's Daily Apple Health and Fitness Forum page: <http://www.marksdailyapple.com/forum/thread99397.html>
nubbins`: "Regular is kind of tangy, supreme is kind of sour, and diesel actually tastes pretty good"
mircea_popescu: but anyway, an ability to grade crude with your mouth is actually a valuable skill.'
mircea_popescu: how come you passed on THAT color ffs.
nubbins`: you're talking about identifying colors by taste
nubbins`: are you SURE you've never done lsd?
Asa9: lol
ThickAsThieves: he's colorblind
nubbins`: ooh, a second twist
mircea_popescu: i never said i didn't do anything. what i said was the entire derpage is stupid.
mircea_popescu: there be a difference.
mike_c: i've heard mainlining heroin produces nice colors
kakobrekla: mains socket aint bad either
nubbins`: i need to plug this computer in and eat lunch
nubbins`: kakobrekla, electricity is grey
nubbins`: in my experience
mike_c: mains socket produces mostly black in my experience
mircea_popescu: apparently experimental-nubbins is colorblind
nubbins`: 120V, 240 may be a different color
mircea_popescu: it's not the voltage, it's the total current.
mircea_popescu: here's a fun experiment to teach young girls physics in a pleasant manner :
nubbins`: not sure of the current, there were some components between the mains and my hand
mircea_popescu: buy one of those stepped transformers, 1.5 to 12 V, then shove a metal dildo and touch them with the other side.
mircea_popescu: they'll burn the same at all the steps, from 1.5 to 12, and therein learn a valuable lessons.
ThickAsThieves: only major electric shock ive seen is when our bass player grabbed a copper pipe in the basement practice space while bullshitting. he wasn't grounded properly and ended up ripping the whole pipe out because of the shock forcing his grip
nubbins`: heh, yipes
nubbins`: rubber mats!
ThickAsThieves: electified stings and mics suck
ThickAsThieves: +r
mircea_popescu: mircs ?
nubbins`: i'm wondering if the r goes in electified or stings
ThickAsThieves: relectified
nubbins`: heh
nubbins`: OK LUNCH
mircea_popescu: electi-fried.
assbot: [MPEX] [S.MPOE] 7950 @ 0.00086719 = 6.8942 BTC [-] {3}
mircea_popescu: and in closing,
mircea_popescu: http://24.media.tumblr.com/tumblr_mdzwajsFOZ1ru15g3o1_1280.jpg
phish: so did that guy who did the put option lose 2k btc?
phish: or how does that work
mircea_popescu: phish lost a bunch for sure, as the rate went low
mike_c: did he get excercised? put the microphone next to the speaker!
mircea_popescu: does your rate hang low, can you tie it in a bow...
mike_c: hehe
ThickAsThieves: http://blogs.wsj.com/moneybeat/2014/02/07/bitcoin-suffers-another-snafu/?mod=MarketsMain
mircea_popescu: mike_c if you think about it, it makes no sense to exercise while the spot is below 24 hour ago spot.
ThickAsThieves: This is still a Wild West kind of environment,” Casey said on the show, while noting that episodes like this can happen periodically as none of the exchanges are regulated by the SEC.
mircea_popescu: ThickAsThieves right-o, because otherwise they can't.
mike_c: best remix
mike_c: http://www.youtube.com/watch?v=3sZtd3o2kek
mircea_popescu: funny how the idiots who scream about "deflationary" "undue advantage to first movers"
mircea_popescu: then turn around and scream about prices dropping
assbot: [HAVELOCK] [SFI] 301 @ 0.0008151 = 0.2453 BTC [-]
assbot: [HAVELOCK] [B.SELL] 9 @ 0.12976666 = 1.1679 BTC [-] {3}
mircea_popescu: you fuckwit parade! this is your chance.
ThickAsThieves: yep
assbot: [HAVELOCK] [CBTC] 2000 @ 0.000134 = 0.268 BTC [+]
the20year: and withdrawls from gox weren't stopped earlier?
mircea_popescu: maybe for some people drugs would be enlightening.
mircea_popescu: at any rate their present state could in no way be harmed.
ThickAsThieves: even better,
ThickAsThieves: drugs beget random behavior, which is mor elikely to have good results than always idiot behavior
mircea_popescu: who wants to be my designated altcoin broker ?
mircea_popescu: pankkake ? ThickAsThieves ?
ThickAsThieves: i thought you had one?
mircea_popescu: i did ?
ThickAsThieves: long ago
mike_c: vexual is drunk half the time
mircea_popescu: i have all sorts of brokers ofr all sorts of things
mircea_popescu: but this altcoin thing is new.
ThickAsThieves: i probly shouldnt offer, i'm already neglecting things
mircea_popescu: well if you're gonna neglect it then you defo shouldn't.
herbijudlestoids: well, that was a poor movie
herbijudlestoids: so much potential
herbijudlestoids: i am starting a new altcoin called herbijudlestoidscoin
herbijudlestoids: its serves the role of altcoin with a long name
mircea_popescu: not long enough
ThickAsThieves: i wonder if WSJ knows what snafu means
mircea_popescu: ThickAsThieves or any other word.
ThickAsThieves: do they publih swears?
assbot: [HAVELOCK] [B.SELL] 1 @ 0.130001 BTC [+]
ThickAsThieves: https://twitter.com/WSJ/status/431594986782855168
ThickAsThieves: icahn did it!
ThickAsThieves: "Breaking: Apple repurchases $14 billion of own shares in two weeks: CEO Cook"
mircea_popescu: well they gotta do something with the cash
mircea_popescu: and the way the us is going... they ain't repatriating that shit.
herbijudlestoids: "cash"
mike_c: you think they can use foreign money to repurchase shares?
mircea_popescu: mike_c why not ?
mircea_popescu: i use "foreign" money to purchase shares all the time.
mike_c: hm. b/c they are a us company. seems fishy
mike_c: yes, but you aren't evading us taxes by doing so
mircea_popescu: tell it to the structuring consultants.
herbijudlestoids: mike_c: its listed on france euronext too
mike_c: i thought they could only purchase foreign companies (like skype) with that maoney
mircea_popescu: according to whom ?
mircea_popescu: money is money, you can purchase whatever you want with it.
mike_c: heh. tell that to the irs
mircea_popescu: not like it's a permission slip from the white house.
mircea_popescu: mike_c i dunno why you think the irs is important in this discussion.
assbot: [HAVELOCK] [B.SELL] 4 @ 0.13200048 = 0.528 BTC [+] {2}
mircea_popescu: they're the equivalent of the 4th grade bully. only there to scare the small biz owners.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13399998 BTC [+]
assbot: [HAVELOCK] [AM100] 789 @ 0.00488139 = 3.8514 BTC [+] {14}
mike_c: hm. then why all the ireland tax evasion bs. you still have to jump some hoops to avoid them.
mircea_popescu: well sure.
mircea_popescu: but in the end, the "because i say so, that's why" side of the discussion is apple and hsbc,
ThickAsThieves: path of least resisteance
mircea_popescu: not the us or irish govt.
ThickAsThieves: -e
mircea_popescu: http://www.breakingnews.ie/ireland/painter-just-never-bothered-to-pay-tax-612441.html for teh lulz
mike_c: they got wesley snipes. and he can kill vampires.
mircea_popescu: but he's still a small business owner.
ThickAsThieves: i think the accounting burden for small business is retarded
ThickAsThieves: tax-wise
mircea_popescu: the very notion that the affairs of the state shall be imposed upon third parties is beyond outrageous.
assbot: [HAVELOCK] [PETA] 5 @ 0.04800008 = 0.24 BTC [+]
mircea_popescu: irs wants to keep accounting, let it hire accountants and pay for them.
ThickAsThieves: here you must collect both fed and state tax from your customers, then make paperwork showing the details, and if you are late you get a fee
ThickAsThieves: monthly
ThickAsThieves: not sure if its any different elsewhere
mircea_popescu: notrly.
ThickAsThieves: does that make small biz government employees?
mircea_popescu: originally they piggibacked on the notion that "well... but you keep your books anyway" and "if you're honest you don't mind sharing"
ThickAsThieves: rather all people
ThickAsThieves: i guess
mircea_popescu: soon enough it devolved into "books must be kept this way because it's more convenient for us"
mircea_popescu: and im like... fuck you, what do i care waht's convenient for you. i'm paying for it.
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
herbijudlestoids: there is some weird shit listed in the -otc list of things
Duffer1: actually the irs wants to allow a free automated tax service but turbo tax and hr block have spent millions to successfully lobby against it
ThickAsThieves: automated?
ThickAsThieves: just remove it
mircea_popescu: how hard can it be. publish a bitcoin donation address.
ThickAsThieves: sort out one tax
mircea_popescu: people want your service, you may get some donations.
mircea_popescu: you don't get any donations... go home.
mircea_popescu: i'm looking forward to headlines like "donations dry spell causes government shut down"
herbijudlestoids: le
mircea_popescu: instead of the ridiculous bs going on currently.
herbijudlestoids: l
mircea_popescu: as if i give a shit what X dork said on any topic.
pankkake: mircea_popescu: what is an altcoin broker?
mircea_popescu: pankkake you keep my cash and my books for that altcoin
assbot: [MPEX] [S.MPOE] 2950 @ 0.00086931 = 2.5645 BTC [+]
assbot: [HAVELOCK] [AM100] 238 @ 0.0052152 = 1.2412 BTC [+] {9}
pankkake: why not
pankkake: but it's open source now
mircea_popescu: aite, address ?
mircea_popescu: open source it may be, but i'm in finance not in tech.
assbot: [HAVELOCK] [AM1] 7 @ 0.51998 = 3.6399 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 9 @ 0.07097775 = 0.6388 BTC [+] {3}
pankkake: 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E
mircea_popescu: hahaha cool.
ThickAsThieves: it's too bad there's no many in vanity addresses
ThickAsThieves: money
mircea_popescu: that mp wasn't coincidental was it ?
pankkake: I vanity generated it
mircea_popescu: ThickAsThieves i imagine as brokerages develop they'll keep a vanity gen side.
pankkake: actually, some people pay for vanity addresses, for the long ones
mircea_popescu: pankkake since you're loaded in, what's the chain reports ? diff ? blocks ?
benkay: buenos dias amigos
mircea_popescu: la puerta esta abierta
ThickAsThieves: hola
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13399998 BTC [+]
pankkake: "difficulty" : 62719.43923596
pankkake: "blocks" : 16255
pankkake: I don't think new miners are coming
mircea_popescu: so no power of 4 huh.
pankkake: yeah… :(
benkay: la piscina esta cerrada
Apocalyptic: what's the market cap so far ?
mircea_popescu: a well. good run
mircea_popescu: http://www.youtube.com/watch?v=xqkC812onnk
pankkake: 16255*512*some hundred satoshis
jcpham: so people actually had coins in mtgox
jcpham: waiting on some massive selloff
mircea_popescu: jcpham it boggles. next thing we'll discover people actually invested into mcxnow.
assbot: [HAVELOCK] [AM100] 98 @ 0.00532006 = 0.5214 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.51999891 BTC [+]
Apocalyptic: http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february/cf9ct0o
Apocalyptic: derp
mircea_popescu: "I was told that up until a few weeks [at time of the interview] ago, there was hardly any development environment to test changes. Most changes were done straight on the production environment."
mircea_popescu: this was news to reddit ? lol
mircea_popescu: herbijudlestoids by the way, i checked out s1e1 of curb your enthusiasm ☟︎
mircea_popescu: do you have ANY IDEA how bad that show is ?
ThickAsThieves: so bad
ThickAsThieves: so so bad
mircea_popescu: seriously, unfunny old derps sitting around whining ?
mircea_popescu: "reality tv" style cinematographics ?
mircea_popescu: basically, larry david was the rock holding down seinfeld. once they got rid of him the show noticeably improved.
mircea_popescu: compare s1-2-3 with 6-7-8
assbot: [MPEX] [S.MPOE] 10600 @ 0.00086438 = 9.1624 BTC [-]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.13399998 = 0.402 BTC [+]
mircea_popescu: ThickAsThieves seriously, it's unwatchable. it's like office cctv with sound.
ThickAsThieves: http://blogs.wsj.com/moneybeat/2014/02/07/central-bank-of-cyprus-does-not-like-bitcoin/?mod=WSJBlog
mircea_popescu: ThickAsThieves i take it the fuckit neobee ceo is all over this rite.
ThickAsThieves: well i know the banks know he exists
ThickAsThieves: no black vans at his house yet though
ThickAsThieves: did you see the tv ads?
assbot: [HAVELOCK] [RENT] 362 @ 0.0055 = 1.991 BTC {5}
assbot: [HAVELOCK] [B.SELL] 17 @ 0.13399998 = 2.278 BTC [+]
ThickAsThieves: i wouldnt be surprised if this is just the beginning of negative PR on bitcoin fron cyprus banks
assbot: [HAVELOCK] [RENT] 93 @ 0.0055 = 0.5115 BTC {2}
mike_c: ^ congrats the20year
the20year: joy
assbot: [HAVELOCK] [RENT] 430 @ 0.0055 = 2.365 BTC
benkay: havelock doesn't report tick direction to assbot?
benkay: lame.
Duffer1: it's ipo
Duffer1: there's no +/- yet
assbot: [HAVELOCK] [RENT] 101 @ 0.0055 = 0.5555 BTC {2}
benkay: ah
assbot: [HAVELOCK] [RENT] 110 @ 0.0055 = 0.605 BTC {2}
herbijudlestoids: mircea_popescu: haha
benkay: in any event, we now have a test case for "you can raise it but you can't spend it".
herbijudlestoids: well in my mind its no argument that seinfeld is better, but i enjoyed curb your enthusiasm
herbijudlestoids: and with that, its 0505, bedtime
herbijudlestoids: gnight fellows, have a loverly weekend
asciilifeform: re: hallucinogen: http://img0.joyreactor.cc/pics/post/%D0%BF%D0%B5%D1%81%D0%BE%D1%87%D0%BD%D0%B8%D1%86%D0%B0-quotes-786200.jpeg (translation: most often, the words 'you ought to try everything in life' refer to dope and porn acting, but much more rarely to quantum physics and chemistry' ☟︎☟︎
benkay: cye is everything that is wrong with america
assbot: [HAVELOCK] [RENT] 605 @ 0.0055 = 3.3275 BTC {3}
ThickAsThieves: i enjoy being a serial journeyman
pLambert: I've done quantum physics and chemistry
pLambert: so, any guesses on how far RENT is going to fall once trading goes active in a couple hours?
assbot: [HAVELOCK] [B.SELL] 2 @ 0.135 = 0.27 BTC [+] {2}
mike_c: trading goes active before the ipo is over?
benkay: is anyone offering RENT for shorting?
assbot: [HAVELOCK] [B.EXCH] 37 @ 0.19376446 = 7.1693 BTC [+]
pLambert: wait, I misread it, I thought it said trading owuld poen soon, actually just IPO is open
ThickAsThieves: soon is always yet to happen
mircea_popescu: asciilifeform amen.
mircea_popescu: molecular chemistry to be precise.
benkay: bah ipos
asciilifeform: confession: at one point when i was younger, i did succumb to the temptation to replicate various soviet experiments and put current through my brain. ☟︎
mircea_popescu: lol the plasticity of brain stuff ?
mike_c: and that's when the design for cardano came to you?
assbot: [HAVELOCK] [RENT] 70 @ 0.0055 = 0.385 BTC
mircea_popescu: why not put current through your sister's brain like sane people.
asciilifeform: electronic inducement of stage 4 sleep
Duffer1: tcdcs?
Duffer1: ah
assbot: [HAVELOCK] [B.MINE] 10 @ 0.071 = 0.71 BTC [+]
Duffer1: ;;google transcranial direct current stimulation
gribble: Transcranial direct-current stimulation - Wikipedia, the free ...: <http://en.wikipedia.org/wiki/Transcranial_direct-current_stimulation>; FOC.US - transcranial direct current stimulation for gamers: <http://www.foc.us/>; tDCS and rTMS: Is brain stimulation safe and effective? - Slate: (1 more message)
asciilifeform: and yes, it's 'fashionable' now, silicon valley wankers sell various gadgets
assbot: [HAVELOCK] [B.MINE] 7 @ 0.07168571 = 0.5018 BTC [+] {3}
asciilifeform: can't recommend it. but your mileage may vary.
mircea_popescu: 70s hair was fashionable too
Mats_cd03: is 'poop shoe' a reasonable pronunciation
ThickAsThieves: obv
Mats_cd03: .bait
ozbot: http://25.media.tumblr.com/tumblr_m2r55eeTWP1r2mc2eo1_1280.jpg
benkay: placebo?
ThickAsThieves: mercy poopshow
ThickAsThieves: poopshoe*
jayk: bob dylan's hair is pretty static
ThickAsThieves: the roman vampire
Mats_cd03: thats a gud one
Mats_cd03: the bait photo anyway
jayk: lot of boobie pics here
ThickAsThieves: welcome to the internet
jayk: hehe
jayk: at least i dont have to uudecode them anymore
mircea_popescu: mirˈt͡ʃe̯a poˈpes.ku ☟︎
assbot: [HAVELOCK] [RENT] 36 @ 0.0055 = 0.198 BTC
mircea_popescu: and those are splendeed teats.
assbot: [MPEX] [S.MPOE] 8050 @ 0.00086566 = 6.9686 BTC [+]
assbot: [HAVELOCK] [RENT] 370 @ 0.0055 = 2.035 BTC {2}
assbot: [MPEX] [S.MPOE] 12250 @ 0.00086881 = 10.6429 BTC [+] {3}
mircea_popescu: http://uk.reuters.com/article/2014/02/04/uk-britain-forex-fca-idUKBREA130KP20140204
ozbot: UK watchdog says forex probe to stretch into 2015
Mats_cd03: i worked with .mil networking equipment the other day
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.19376446 = 0.9688 BTC [+]
Mats_cd03: and the front-end for a satellite dish was running vb6
Mats_cd03: lowest bidder strikes again
mircea_popescu: basically the libor was a scam, the forex is a scam too. fiat is about as bad as bitcointalk
asciilifeform: Mats_cd03: surprised? 'minuteman' runs on VAX.
Mats_cd03: i like vax features a lot
Mats_cd03: real good for its time
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
benkay: ;;calc 78534 * 0.0055
gribble: 431.937
benkay: ;;ticker
gribble: MtGox BTCUSD ticker | Best bid: 760.00003, Best ask: 767.36952, Bid-ask spread: 7.36949, Last trade: 760.0, 24 hour volume: 46240.65512575, 24 hour low: 651.70976, 24 hour high: 855.0, 24 hour vwap: 733.76646
benkay: wat
benkay: ;;calc 78534 * 0.0055 * 750
gribble: 323952.75
mike_c: that's the first block. something like 220k total (shares)
assbot: [HAVELOCK] [B.MINE] 10 @ 0.071 = 0.71 BTC [-]
mike_c: "we are releasing a total of 228,534 additional units at .0055btc per share"
the20year: That's likely the only block
mircea_popescu: i guess this is an interesting test for havelock, because if the kid now fails to buy properties worth whatever he supposedly got from the ipo the difference will have to somehow be explained.
the20year: I might consider 25k or 50k additional shares on ciphertrade just to test the platform out, but likely there won't be another round of share-type funding, 1.125m is our goal from this round and if we hit it we should be able to get the portfolio access I want
mircea_popescu: pretty difficult to fake land deeds (not to mention felonious)
the20year: Yeah, that's just not possible with the local government
assbot: [HAVELOCK] [CBTC] 9244 @ 0.00013225 = 1.2225 BTC [-]
the20year: even moreso when everything is not only filed with the county, put online, but everything we buy has a title company certification letter too
assbot: [MPEX] [S.MPOE] 9500 @ 0.00086828 = 8.2487 BTC [-]
benkay: i'm interested to see what happens when divs fail to match btc appreciation.
mircea_popescu: well so far btc is depreciating.
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
Duffer1: pretty much the same things that's happened to most assets
mircea_popescu: !t h rent
assbot: [HAVELOCK:RENT] 1D: 0.00550000 / 0.0055 / 0.00550000 (2261 shares, 12.43550000 BTC), 7D: 0.00550000 / 0.0055 / 0.00550000 (2261 shares, 12.43550000 BTC), 30D: 0.00550000 / 0.0055 / 0.00550000 (2261 shares, 12.43550000 BTC)
mircea_popescu: course.... where you got the 78k from ? or what am i misunderstanding here ?
kakobrekla: btc is now worth 7k
Duffer1: 78k units offered i think
mircea_popescu: a
benkay: that
asciilifeform: http://www.theinquirer.net/inquirer/news/2327327/net-neutrality-battle-begins-as-verizon-appears-to-throttle-netflix
ozbot: Net Neutrality battle begins as Verizon appears to throttle Netflix- The Inquirer
the20year: benkay: that's a risk investors take, otherwise it only makes sense to invest in things that are like BTC exchanges, options ,ect
assbot: [HAVELOCK] [B.MINE] 8 @ 0.071 = 0.568 BTC [-]
ThickAsThieves: In a live support chat with a Verizon representative, Raphael asked if there was any throttling of websites hosted by Amazon Web Services (AWS), which include Netflix, and was told, "Yes, it is limited bandwidth to cloud providers."
the20year: 78k shares of stock at .0055btc/ea , so if those sell out we have $321k in cash
benkay: ipo page shows 48953 units outstanding, havelock announcement email mentions 78534. what the ever loving fuck.
ThickAsThieves: Verizon has denied this to be true
the20year: We had shares already issued prior to the IPO
ThickAsThieves: fwiw
benkay: it's not a risk, it's a certainty.
benkay: like a perpetual mining bond's value going to zero.
mircea_popescu: lag ?
ThickAsThieves: benkay that is not certain
assbot: [HAVELOCK] [RENT] 432 @ 0.0055 = 2.376 BTC
Duffer1: the likelyhood is very high
ThickAsThieves: only cuz scammers
the20year: of BTC increase?
ThickAsThieves: other wise pmb can hit zero
ThickAsThieves: cant
assbot: [HAVELOCK] [RENT] 443 @ 0.0055 = 2.4365 BTC
the20year: I think long term the growth will be fantastic, but i was also called a idiot when btc was at $1250 trying to get more shares sold for fresh capital because they expected btc to hit $2k or $3k in just a few weeks
the20year: The big thing we offer is a effective BTC short, since we're primarily denominated, and a opportunity to get reasonable gains in fiat
benkay: you expect to convince me the difficulty will decrease.
mike_c: effectiveness is dependent on liquidity on havelock though.
mircea_popescu: ThickAsThieves nah, because electricity.
mircea_popescu: most mining units by count are underwater today, because of the cost of elec.
ThickAsThieves: not for TAT.VM
ThickAsThieves: hehe
assbot: [HAVELOCK] [PETA] 3 @ 0.04800007 = 0.144 BTC [-]
ThickAsThieves: of course that never hit zero anyway
the20year: buyahash's dividend has done pretty decently, but their big benefit was a foray into equipment sales
asciilifeform: mircea_popescu: most mining units... underwater... cost of elec. << except for botnets
ThickAsThieves: and yes, mining diff will decrease someday
mircea_popescu: botnets are also underwater for btc mining, same reason
ThickAsThieves: if not cuz elec, or such, then cuz Altcoin
mircea_popescu: they do have a cost, even if you're not paying the elec. cost of opportunity in that case.
ThickAsThieves: more profitable to help SETI
ThickAsThieves: maybe aliens bring quantum miners
mircea_popescu: maybe they bring really good drugs.
ThickAsThieves: oh the experiences we'll have!
asciilifeform: the situation re: botnets is interesting. mining remains the only way to monetize a crapnet without dealing with humans
asciilifeform: (actual competence / contacts in black market)
asciilifeform: afaik they've mostly switched to altcoins now
benkay: alien drugs!
benkay: i'm in.
asciilifeform: (in fact, i'd be surprised if this weren't the primary mining force there)
Duffer1: nighborg wtb
assbot: [HAVELOCK] [RENT] 30 @ 0.0055 = 0.165 BTC {3}
ThickAsThieves: http://www.theverge.com/2014/2/7/5390164/plane-makes-emergency-landing-failed-hijacking-attempt
ozbot: Plane grounded after failed hijacking attempt | The Verge
asciilifeform: http://wonkette.com/541474/mcgruff-the-crime-dog-likes-to-get-hiiiiigh
ozbot: McGruff The Crime Dog Likes To Get Hiiiiigh
assbot: [HAVELOCK] [RENT] 36 @ 0.0055 = 0.198 BTC
Kushedout: http://redd.it/1xag2n
assbot: [HAVELOCK] [AM100] 99 @ 0.00532005 = 0.5267 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.51989996 BTC [-]
benkay: the20year: how long do you expect this IPO to take?
ThickAsThieves: "The company has asked a French court to suspend this order while it appeals the CNIL's decision and fine, but the CNIL insists that if Google can promote its own services on the homepage, it can also publish the news of the sanctions."
mircea_popescu: <asciilifeform> afaik they've mostly switched to altcoins now << the scrypt coins yeah.
the20year: I'd say at most 45 days
mircea_popescu: that shit i always found hysterical. man with a computer wants to matter.
mircea_popescu: he wants this LEGISLATED into fact.
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
mircea_popescu: so some idiot somewhere comes up with "non-asic" pow, so that the nobody may matter.
pLambert: the20year: does it have a scheduled end if not everything is sold?
mircea_popescu: result ? nobody gets flattened anyway, by different group
the20year: Yes, i think it's 90 days
the20year: Don't quote me on that , but off the top of my head i think it's 90 days
mircea_popescu: i wonder how many people realise that when they hash scrypt they hash socialism.
ThickAsThieves: are sha256 altcoins not common?
the20year: Correct ThickAsThieves
the20year: pLambert: you're in RS ,right?
pLambert: yes?
asciilifeform: every altcoin is really an attempt to 'refight the war'
chipug: what alts *are* sha265? i don't know any
ThickAsThieves: but if they dont use sha they are fighting the wrong people
ThickAsThieves: chipug, Altcoin is
Duffer1: The Altcoin is sha256 no?
mircea_popescu: asciilifeform indeed. as if such a thing belongs anywhere outside of a creative reenactment society meeting
chipug: ah kk
mircea_popescu: Duffer1 the altcoin is sha256, not pumped and not premined. just like... you know... NO OTHER ALT out there.
Duffer1: hehe
mircea_popescu: which is quite perverse
ThickAsThieves: not premined, just bought all up by MP ;)
asciilifeform: note that it is not, in principle, impossible to pull it off
mircea_popescu: i only bought like a dinner's worth
asciilifeform: just that it would have to be done by someone other than wankers
mircea_popescu: asciilifeform no. a war isn't decided by personal valor.
mircea_popescu: a war is decided by which way the hills slope
pankkake: botnets (except those with good enough gpus, I think there is one that was targetting gaymers) don't mine scrypt anymore, there are cpu-only coins for that
pankkake: and those cpu coins are barely profitable unless you don't pay for electricity I think
asciilifeform: pankkake: the ones i've seen most recently mine scrypt coins (the ones that are actually worth a little)
mircea_popescu: pankkake was a link here coupla days ago bout some game site that got hussled by ny for 1mn over having made $3500 from exploiting user gpus
pankkake: primecoin would be best, it has enough volume for a big botnet
asciilifeform: mircea_popescu: if i recall, that was btc proper
asciilifeform: hence the microscopic yield
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0737 = 0.3685 BTC [+]
mircea_popescu: yea
assbot: [MPEX] [S.MPOE] 12288 @ 0.00086904 = 10.6788 BTC [+] {3}
asciilifeform: i'm still waiting for 'slavecoin.' it would be the perfect 'gift from the gods' to the 'anyone with a computer Ought to Matter!' crowd.
mircea_popescu: how so.
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
asciilifeform: one meatbag, one hash per however-many seconds
Dimsler: altcoins blow
Duffer1: commiecoin?
asciilifeform: i can already see the chinese world of warcraft labour camps switching.
mircea_popescu: asciilifeform you don't understand. the problem with those people is that they are in no way distinct.
Duffer1: satoshi's renamed to comrades
mircea_popescu: as a side-effect of this sad state of affairs, no proof of work can be devised that'd allow them to hash.
mircea_popescu: i call it the mp lemma of evil.
asciilifeform: oh, they'll hash. just not the way they imagined
asciilifeform: (hanging upside-down with arse tubes in a camp)
mircea_popescu: nop[e, they won't.
mircea_popescu: cheaper to use cows.
assbot: [HAVELOCK] [PETA] 8 @ 0.04800006 = 0.384 BTC [-] {3}
mircea_popescu: there is literally no way in which one could design a pow based on "the people".
mircea_popescu: the people can't hash.
asciilifeform: not that this is a scenario that would actually play out. just pointing out what would happen if one were to actually devise a 'one man one hash' scheme
mircea_popescu: oh. indeed so.
mircea_popescu: not only it can't be done, or in other words we've just mathematically proven they're cattle
assbot: [HAVELOCK] [RENT] 100 @ 0.0055 = 0.55 BTC
mircea_popescu: but ironically this is to their own benefit.
asciilifeform: as for it being more lucrative to keep and milk cows, this is so - and yet the world's largest distributed machine is hashing sha, not folding protein
asciilifeform: so there could be a hope for slavecoin after all.
assbot: [HAVELOCK] [SFI] 1400 @ 0.00080284 = 1.124 BTC [-] {3}
topace: [13:03:05] <benkay> havelock doesn't report tick direction to assbot?
topace: [13:03:09] <benkay> lame.
topace: the bot calculates the direction, it doesnt come from the feed
asciilifeform: wonder if anybody's built one of those foolish 100%-premined alts, and passed out the coin via 'captcha' or somesuch.
asciilifeform: good approx. of slavecoin.
asciilifeform: mircea_popescu: we've just mathematically proven they're cattle << insult to cattle. who are delicious, well-manageable, and otherwise an asset.
mircea_popescu: so are slaves.
asciilifeform: well, 'pet' slaves (vs. the feral kind)
mircea_popescu: a, no. pet slaves are actually quite competent, intellectually.
mircea_popescu: it's so counterintuitive this whole thing
assbot: [HAVELOCK] [RENT] 45 @ 0.0055 = 0.2475 BTC
assbot: [MPEX] [S.MPOE] 6950 @ 0.00086982 = 6.0452 BTC [+] {3}
assbot: [HAVELOCK] [RENT] 570 @ 0.0055 = 3.135 BTC
assbot: [HAVELOCK] [RENT] 25 @ 0.0055 = 0.1375 BTC
the20year: I'll go crazy if i just sit here and keep watching the ticker
mircea_popescu: omfg this thing is actually everything i hate. check this shit out :
mircea_popescu: http://qzlife.tumblr.com/
ozbot: Quartzlife
mircea_popescu: bunch of hipster doofuses who imagine they're doing "a new kind of global business news outlet".
the20year: oh joy
mircea_popescu: holy shit on a stick, because hatguy and armpitbeard girl said so one day and drew some doodles on their starbucks napkins ?!
asciilifeform: ycombinator?
mircea_popescu: https://twitter.com/Mircea_Popescu/status/431801125583339520 << that dork led me to it.
ozbot: Twitter / Mircea_Popescu: @mims The research you've not ...
mircea_popescu: "Quartz, Atlantic Media’s mobile-first business site, launched on Monday afternoon following much fanfare this summer."
Dimsler: i don't know why you bother getting into pissing classes with the proliteriate
chipug: mircea_popescu: no.... they have pot plants too
mircea_popescu: (atlantic media being d g bradley's publishing empire of nothing in particular
chipug: and clearly know how to instagram
Duffer1: plans to burn through investor money in 3 years then declare bankruptcy
mircea_popescu: as you know the key people better than you know their supposed properties)
mircea_popescu: Duffer1 nah, see, this is mostly a campaign financing darkpool thing.
mircea_popescu: basically all those kids are either congressional aides, prostitutes or family.
Duffer1: so you're saying they're all congressional aides?
mircea_popescu: essentially.
Duffer1: i see
asciilifeform: whole civil service is this kind of darkpool
asciilifeform: in the 19th c. u.s., this was open and explicit
asciilifeform: (see: 'spoils system')
assbot: [HAVELOCK] [B.EXCH] 7 @ 0.19376446 = 1.3564 BTC [+]
mircea_popescu: Dimsler the reason i get into pissing matches with the pro-illiterate is that i have a flow like a fire hydrand and their bosses are made of sugar.
Duffer1: i thought you were about to bust some rhymes :(
Duffer1: tell us about your flow homie
mircea_popescu: http://www.politico.com/news/stories/0709/24618.html here, if anyone cares for some dirt.
ozbot: David Bradley defends Atlantic Media's exclusive 'salons' - Michael Calderone - POLITICO.com
ThickAsThieves: "full-throated defense" wtf
ThickAsThieves: lol
mircea_popescu: basically "we have to take corporate money for political functions because a) we like money and b) politicians gotta meet with the corporate ppls somewhere".
mircea_popescu: seems logical.
pankkake: http://qz.com/175045/why-are-obese-brazilians-getting-discounted-tickets-to-the-world-cup/ lol
ozbot: Why are obese Brazilians getting discounted tickets to the World Cup? – Quartz
ThickAsThieves: omg the site is left-aligned
ThickAsThieves: murder them
pankkake: that site is unusable
pankkake: why can't we just have a page with one article in it and that's it
mircea_popescu: pankkake because technology
ThickAsThieves: if they could, most businesses would have every page on their home page
ThickAsThieves: at the top
mircea_popescu: hahaha
pankkake: even ~4 years ago we had clients ask for a SPLASH PAGE
assbot: [HAVELOCK] [NEOBEE] 736 @ 0.00307895 = 2.2661 BTC [+] {3}
mircea_popescu: were they in the business of selling pools ?
pankkake: lol
ThickAsThieves: this manifests in all those little floating boxes "You might also like!" "Sign up!", which used to be pop-ups
ThickAsThieves: HeySteve needs to get out of Africa
mircea_popescu: what, zaire. world famous potatoes
mircea_popescu: or was that wisconsin
ThickAsThieves: idaho
mircea_popescu: no, i'm sure idaho was with the urinals
mircea_popescu: no wait that's the french who did the cheese.
mircea_popescu: so then... who are the dutch ?!
ThickAsThieves: pointy feet
mircea_popescu: best geography question of all time, "where's holland, what's the netherlands and wo are the dutch"
mircea_popescu: bah i fucked it up
mircea_popescu: "what's holland, where's the netherlands and who are the dutch"
ThickAsThieves: answer = legal weed
truffles: legalization takes foreeeever
kakobrekla: dutch weed is illegal until it hits coffeshops
punkman1: the qz blog has a blog about itself? that's nice
kingofsports: looking to buy $400 worth of BTC
kakobrekla: prolly wrong chan to do that
ThickAsThieves: do you accept BTC?
punkman1: you mean ATC
ThickAsThieves: indeed
punkman1: can I solo-mine ATC?
deadweasel: http://cryptotronix.com/products/hashlet/
ozbot: Hashlet | Cryptotronix, LLC
ThickAsThieves: yes
mircea_popescu: punkman1 diff was like 60k
ThickAsThieves: "SHA256 Authentication, hardware RNG, and protected key storage on an easy to mount board"
assbot: [HAVELOCK] [RENT] 40 @ 0.0055 = 0.22 BTC {2}
mircea_popescu: deadweasel yet another miner ? (yam)
mircea_popescu: o look asciilifeform you've been beaten to market honey.
assbot: [HAVELOCK] [NEOBEE] 226 @ 0.00308 = 0.6961 BTC [+] {2}
truffles: is that a play on technotronics hmm
punkman1: sha256 authentication?
deadweasel: setech astronomy
punkman1: does it do HMAC or something then?
BingoBoingo: punkman1: They heard a lot of crypto words and forgot to check definitions, functions, and definite functions
punkman1: BingoBoingo: sounds about right
asciilifeform: where's the rng?
assbot: [HAVELOCK] [B.SELL] 2 @ 0.12605 = 0.2521 BTC [-] {2}
asciilifeform: ok we have the answer: ☟︎
asciilifeform: http://www.atmel.com/Images/Atmel-8740-CryptoAuth-ATSHA204-Datasheet.pdf
asciilifeform: (i actually considered, and rejected, this part for the cardano key storage)
asciilifeform: it has a (satanic) rng built in.
deadweasel: the seed is always 666?
punkman1: just a breakout board for the atmel chip?
mircea_popescu: just enough cryptography, the exact equivalent of just in time industrial processes.
asciilifeform: apparently.
asciilifeform: people should know that the idea of cryptographic hardware is not the least bit new.
asciilifeform: but there are different ways to do it, and the differences matter.
mircea_popescu: asciilifeform that said, some raspberry pi enhancing boards may be a good idea.
asciilifeform: live by VLSI, die by VLSI.
mircea_popescu: i suspect that thing is prolly here to stay
punkman1: there's a ton of raspberry pis
asciilifeform: remove cardano i/o daughterboard, attach ras.pi or commodore 64 or whatever, you have a machine-controlled unit.
asciilifeform: easy, with bare hands.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [-]
mircea_popescu: yeah, but these are enthusiasts we're discussing here.
BingoBoingo: Rpi might actually be an interesting thing if maybe they would have went MIPS (or FPGA and pick a core of choice) and offered ECC Ram
asciilifeform: ras.pi, for anyone who doesn't have one lying around, is a (relatively) cheap arm box.
mircea_popescu: better ship a version w/o case and w/o daughterboard.
asciilifeform: commonly sold at hobby electronics outfits
pankkake: 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E just got 500000.00 ATC!
asciilifeform: broadcom inc. tempted them with at-cost cpu offer
asciilifeform: and so they went with an insultingly closed arch
asciilifeform: (whole core runs closed-source blob at all times)
asciilifeform: there are other pocket-sized arm/linux affairs, they cost a little bit more.
punkman1: http://www.coreboot.org/Supported_Motherboards#Devel.2FEval_Boards
ozbot: Supported Motherboards - coreboot
asciilifeform: coreboot is an x86 bios replacement
asciilifeform: not really connected here
asciilifeform: (formerly known as 'linuxbios')
punkman1: well tiny computers, open source, it's kinda connected
mircea_popescu: yeah, but what i'm saying is : in this particular case probably cheaper and better for the free world to subvert than to replace
ThickAsThieves: <pankkake> 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E just got 500000.00 ATC! I guess we need a blockexplorer too
asciilifeform: most of the boards coreboot supports are full-size pc mobos
mircea_popescu: hence the "give the kids strong crypto as an addon, let the broadcom blob eat its nails"
mircea_popescu: pankkake cool.
pankkake: ThickAsThieves: http://blockr.io/addcoin
mircea_popescu: ;;later tell vexual did you end up paying mike_c his 1 atc ?
gribble: The operation succeeded.
jespern: mircea_popescu: do you stalk every new twitter follower? :)
asciilifeform: i consider the 'host box doesn't know it has a crypto widget attached' an essential feature of cardano, but maybe that's just me.
the20year: atc?
pankkake: the20year: https://bitcointalk.org/index.php?topic=443108.0
mircea_popescu: jespern no, but i have currently 3 people stalking my stalkers, and they're apparently real good at it.
assbot: [HAVELOCK] [RENT] 25 @ 0.0055 = 0.1375 BTC
asciilifeform: but yes, the linked widget is just atmel's old crypto accelerator mounted on an adapter board: http://atmelcorporation.wordpress.com/2014/01/30/atmels-atsha204-helps-secure-the-bbb
mircea_popescu: the difficulties of scaling. you end up overdeveloping some depts some of the time.
the20year: is atc traded anywhere?
mike_c: i believe you are in the atc-otc channel
mircea_popescu: asciilifeform i wonder why they do things like this srsly. takes anyone five minutes to figure out WHY "we've been featured on atmel blog".
asciilifeform: if anybody here has a box of ATSHA204 and an electron microscope, now's your hour!
Duffer1: the20year maybe Benny might want it added to Ciphertrade? :P
asciilifeform: i actually first came across that atmel part when looking into commercial ICs having sha256
the20year: lol i doubt it
asciilifeform: in the early days of fpga mining
asciilifeform: or maybe it was a previous atmel
asciilifeform: same idea though
Duffer1: hehe
ThickAsThieves: [15:05] <the20year> lol i doubt it --- I don't
kingofsports: mircea_popescu how much have MPEX profited so far from that large option sale to you guys? have u guys closed it yet?
asciilifeform: btw that part is mostly used 'for evil' (e.g. vendor-locked printer cartridges)
Duffer1: it was probably a heartstopping amount king
mircea_popescu: kingofsports http://log.bitcoin-assets.com/?date=05-02-2014#482905 ☝︎
Duffer1: i don't think i want to know exact numbers
ThickAsThieves: In case anyone is interested: ASICMINER PT-Issued Shares Chart http://i.imgur.com/eqsvmcb.png
kingofsports: wow so MPEX shareholders gonna make bank this month
mircea_popescu: so far.
kingofsports: how much did that user have to have on hold to cover the options he sold u guys?
assbot: [MPEX] [S.MPOE] 7070 @ 0.00086461 = 6.1128 BTC [-]
mircea_popescu: https://bitcointalk.org/index.php?topic=449354.0
ozbot: MASSIVE options order on apex.co
mircea_popescu: haha check it out, apex.
mircea_popescu: KingCoin like .6 btc/contract or something
kingofsports: BUGPOWDER!\
kingofsports: long time no see
ThickAsThieves: "I just read their FAQ which basically says to their customer base "idiots fuck off and die". "
chipug: lol
Bugpowder: So much for localbitcoins
Bugpowder: http://krebsonsecurity.com/2014/02/florida-targets-high-dollar-bitcoin-exchangers/
assbot: [HAVELOCK] [HMF] 4 @ 0.02820003 = 0.1128 BTC [+]
Duffer1: so a noob gets it, but jimmothy is told it repeatedly in a months long thread and still doesn't seem to understand
mircea_popescu: Duffer1 will, it's a wonderful thing.
mircea_popescu: jespern how do you like -assets anyway.
ozbot: Florida Targets High-Dollar Bitcoin Exchangers — Krebs on Security
mircea_popescu: Bugpowder message seems to be more along the lines of a shakedown than anything
mircea_popescu: "get in bed with a local politico now!"
asciilifeform: still don't understand why a fellow buying/selling stolen card #s needs to meet anyone in person.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [+]
kingofsports: @bugpowder u looking to sell any coins? remember when they were $100 a pop ;)
asciilifeform: btc, pgp, card stripe writer.
Bugpowder: I only buy, never sell
mircea_popescu: asciilifeform when you're done with that, you can work on explaining why the secret ruler of a self-proclaimed drug marketplace which can't sell drugs has to order "hits" over unknown derps it can't verify got killed.
Bugpowder: " Those same documents show that the undercover agent told Reid he wanted to use the Bitcoins to buy credit cards stolen in the Target breach.”
asciilifeform: aha he wanted to convert bag of cash to btc.
mircea_popescu: or, alternatively, why twenny something businessmen have to document their reefer purchases in writing for the benefit of ulterior prosecution
mircea_popescu: or other things.
Bugpowder: oh man the short puts guy is getting reaming
Bugpowder: reamed
asciilifeform: mircea_popescu: or why dpr ever had to see, touch, or smell the wares personally
mircea_popescu: it's in pretty deep so far.
Bugpowder: down 3800BTC...
kingofsports: when is MPEX going to close the options mircea?
kingofsports: or do u guys just let it ride
ThickAsThieves: when it reaches collateral?
mircea_popescu: well it's definitely not closing while the spot is below 24h ago spot
asciilifeform: incidentally, we cannot possibly know what parts of the dpr story are fictional
asciilifeform: could be all of it
mircea_popescu: asciilifeform no, some parts we can know.
mircea_popescu: granted, that doesn't actually cover the entire hitman lulz.
ThickAsThieves: "A top market overseer called for a sweeping review of computer-driven securities markets Thursday, saying regulators should focus on “points of failure” such as computerized links between stock exchanges and so-called mini-flash crashes in stocks."
benkay: next they'll be telling us what the real value of pepsi stock is in dollars, and how many dollars can buy a btc.
ThickAsThieves: in case anyone cares, this was the blog Deprived was working on: http://bittopic.com/
ThickAsThieves: i guess he's a runner
Bugpowder: Never trust anyone that doesn't hang out in bitcoin-assets
chipug: have any of you used fb ads before?
chipug: wondering efficacy
mircea_popescu: sucks, because he was promising.
mircea_popescu: chipug you still trying to promote a website chat thing ?
mike_c: chipug: depends what you want.
mike_c: traffic, it works. sales, it does not.
chipug: yep mircea_popescu kind of last stab
chipug: mike_c: I'm just wanting clicks to the site, so maybe it will be ok
benkay: if you have the right biz, chipug it works well.
Bugpowder: yeah, deprived was smart.
mircea_popescu: chipug listen hon, you're wasting your time doing something we know is stupid.
mircea_popescu: waste your time doing something we don't know is stupid yet.
Bugpowder: did he bail because he couldn't cover a difficulty move/
Bugpowder: ?
benkay: amigo of mine runs a small game studio. they outlay 10k/mo on fb ads and do quite well for themselves.
mike_c: chipug: what are you working on? link?
chipug: why is it stupid though?
benkay: of course your customers are old women.
chipug: https://loquacious.cc mike_c we took away rewards and made it not btc so it died when the beggars left
ozbot: Loquacious - web based water cooler
assbot: [MPEX] [S.MPOE] 6744 @ 0.00086954 = 5.8642 BTC [+]
benkay: 'cause irc
mircea_popescu: chipug well, you never answered me a few days ago when i asked you how you expect it to compete with irc.
mircea_popescu: so how do you ?
mike_c: make it a plugin like disqus (without the suck)
mike_c: then it's a better troll-box
assbot: [MPEX] [S.MPOE] 8206 @ 0.00087001 = 7.1393 BTC [+] {2}
jborkl: webirc is the best trollbox for irc
chipug: mircea_popescu: little quirks, like smilies and you can take a web cam picture in-chat. +1s for comments you like, you can tip credits. buy colours badges, have an avatar, friends list
ThickAsThieves: <Bugpowder> did he bail because he couldn't cover a difficulty move --- nah, he either bailed because btc went to $1k and he said ah fuckit, or because he realized that the ciphertrade scam would make his bonds unredeemable
jborkl: webirc and vpn you can troll the shit out of people
mircea_popescu: chipug so it's going to beat irc by being facebook ?
ThickAsThieves: he used shareholder reserves to buy cipherbonds
chipug: i feel like the fussy parts of irc are taken away with the bits people like still left in, if that makes sense
ThickAsThieves: which i voted against
chipug: maybe somewhere in between mircea_popescu?
Bugpowder: cipherbonds?????
Bugpowder: wtf is this shit?
ThickAsThieves: on BTCT
mircea_popescu: chipug but that's not how business works.
ThickAsThieves: ciphermine issued bonds
ThickAsThieves: perpetual, payout based on USD
mircea_popescu: Bugpowder he likely got depressed over his association with the weirdo transsexual nut.
chipug: not to beat irc mircea_popescu just catch the ones that can't be arsed with irc perhaps
ThickAsThieves: maybe he got sent to rehab / AA
ThickAsThieves: dude was def a drinker
mircea_popescu: hm.
assbot: [HAVELOCK] [AM100] 100 @ 0.00532 = 0.532 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.51989996 BTC [-]
jborkl: <mircea_popescu> Bugpowder he likely got depressed over his association with the weirdo transsexual nut <<<Usagi??
mircea_popescu: that's explain why he kept pissing off mpoe-pr then
mircea_popescu: jborkl nono, the kate guy.
jborkl: oh so there were two
pankkake: well, he associated with usagi too
ThickAsThieves: yep
Duffer1: kate guy?
Duffer1: is that a dude?
Bugpowder: Why would anyone with a brain go long perpetual bonds. Those are only profitable if you short them, as a rule
Bugpowder: well, I missed a lot of stupid it seemse
Bugpowder: unsuprisingly.
ThickAsThieves: [15:37] <Duffer1> is that a dude? Kate is Craig
mircea_popescu: pankkake i dunno his "association" with usagi was to his detriment.
Duffer1: he was on the advisory board for Ciphertrade before he disappeared, might have something to do with his decission regarding bonds
Duffer1: ffs spelling today >.<
mircea_popescu: guy just used to follow princess around and poke holes in his posts. was lulzy.
assbot: [HAVELOCK] [SFI] 127 @ 0.00079 = 0.1003 BTC [-]
ThickAsThieves: guy, his, what does it all mean?!
Duffer1: fascinating
Duffer1: TaT do you have any plans to issue anything on Ciphertrade?
BingoBoingo: ThickAsThieves: http://grantland.com/features/a-mysterious-physicist-golf-club-dr-v/
kakobrekla: 21:37.36 ( ThickAsThieves ) [15:37] <Duffer1> is that a dude? Kate is Craig < what??
ThickAsThieves: <Duffer1> TaT do you have any plans to issue anything on Ciphertrade? --- no, i do no
ThickAsThieves: t
ThickAsThieves: kakobrekla you didnt know?
kakobrekla: who or what is craig
ThickAsThieves: Kate's original name
ThickAsThieves: her man name\
ThickAsThieves: her slave name
ThickAsThieves: i dunno what the y call it
kakobrekla: so that avatar is chick with dick?
ThickAsThieves: yes
ThickAsThieves: no joke
kakobrekla: cool.
Bugpowder: Don't tell me Dr. V is involved with bitcoin.
mircea_popescu: chipug don't get me wrong, i understand you want to do something, and it's commendable and everything. just, atm, you're in the position of someone throwing themselves into a woodchipper.
BingoBoingo: Bugpowder: Can't be unless cadavers can bitcoin
ThickAsThieves: https://www.google.com/search?q=kate+craig+wood&oq=kate+craig+wood&aqs=chrome..69i57j0l5.4346j0j7&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8 don't fap now!
mircea_popescu: stop wasting your meager resources on boneheaded stuff like facebook campaigns that will never see a roi
Bugpowder: nsfw
pankkake: she doesn't have a dick anymore, so no
Bugpowder: not clicking
pankkake: http://iwanttobeagirl.org/
mod6: yikes
ThickAsThieves: she got fat http://www.flickr.com/photos/88155302@N08/8549055276/
ozbot: I WANT TO BE A GIRL : Help for young transexuals / transsexual children / kid
mircea_popescu: yeah, only about 60% of all kids want to be the other kind. sites like that are fucking abuse.
jborkl: so that blond is a dude? I am confused as I missed some relevant parts of this conv
ThickAsThieves: facebook ads are the worst performance of like all options, other than for some very specific uses ☟︎
mircea_popescu: showing a six year old girl DP and horse on girl action is fine, showing her pages about "support for her elbow-kissing" bs is criminal.
ThickAsThieves: yes the blonde is a dude
ThickAsThieves: the person running ciphereverything
kakobrekla: http://kate.craig-wood.com/
ozbot: Female Entrepreneur, Technology Speaker & Green IT Expert - Kate Craig-Wood
kakobrekla: amazing
jborkl: I wonder if he sold his dick to China when they cut it off
kakobrekla: fail as male, lets try female, its easier
ThickAsThieves: she took scamming to a whole new level i guess
mircea_popescu: kakobrekla except it's only easier if you have big natural tits.
kakobrekla: less competition
kakobrekla: put female in front of everything you do
kakobrekla: and suddenly you are cream of the crop
mircea_popescu: i do that with "Romanian" already.
kakobrekla: hehehe
mircea_popescu: "I am very active within the UK high-tech sector and was recently ranked the 20th most influential person in British ICT by in Computer Weekly's UKtech50. "
mircea_popescu: i guess that goes to show just how relevant these things are.
ThickAsThieves: Altcoin has a pool! https://bitcointalk.org/index.php?topic=443108.msg5004540#msg5004540
Duffer1: "First woman to tandem skydive past Everest"
mircea_popescu: whoa.
pankkake: omgizz!
assbot: [HAVELOCK] [RENT] 25 @ 0.0055 = 0.1375 BTC
jborkl: what is difficulty anyway Tat?
mircea_popescu: ThickAsThieves this is so fucking ridiculous, do you know how much dough keiser spent to get his pool ?
mircea_popescu: roflmao
ThickAsThieves: yknow it's much more gratifying for Altcoin to get all these pieces separately
Duffer1: i think he payed for 2 pools
ThickAsThieves: than to have made some mega effort to unleash 30 parts at once
Duffer1: neither were ready at launch of his coin
mircea_popescu: kakobrekla don't we can has email of blockr.io say them add atc ?
Duffer1: lul
mircea_popescu: Duffer1 you've been paying attention.
jborkl: people pay for pools to be made, hmm
assbot: [HAVELOCK] [RENT] 265 @ 0.0055 = 1.4575 BTC {2}
Duffer1: i don't do much else these days
mircea_popescu: jborkl was like 60k
jborkl: what the fuck? why didnt you send him my way
Duffer1: though i don't know how i missed kates missing dick, that was a surprise
pankkake: jborkl: they pay for everything. pools, exchanges, explorers
mircea_popescu: jborkl haha he didn't ask me lol
pankkake: it's a whole scamconomy
jborkl: damnit, I can make one in 5 minutes now
mircea_popescu: if he asked me i'd have pointed him your way resulting in him having a working pool for a fraction of the cost in time
ThickAsThieves: so make one!
ThickAsThieves: for ATC
Duffer1: he's probably made more than that back
jborkl: I already have
ThickAsThieves: oh
mircea_popescu: HOWEVER also resulting in him not being Max Fuckwit anymore
jborkl: oh not for atc
mircea_popescu: and for some people, identity is very important.
Duffer1: 1900btc trade volum on maxcoin on mcxnow since yesterday >.<
mircea_popescu: Duffer1 made jack shit. doge hasn't seen green and now it never will.
mircea_popescu: maxcoin seeing green is like making diamonds in the desert by jumping up and donw
ThickAsThieves: the maxcoin event was so hideous to me
mircea_popescu: not only that's not enough pressure, but moreover diamonds are made of carbon not silica
ThickAsThieves: i dunno if that makes me a hypocrite
ThickAsThieves: but i dont think so
mircea_popescu: ThickAsThieves there's a difference between a retarded man dressing in a clown suit as his business outfit
Duffer1: there's an argument for your legit experiment vs his outright scam
mircea_popescu: and a sane man dressing in a clown outfit to scare the shit out of everyone at the office one day
jborkl: what is your coin again Tat?
Duffer1: https://bitcointalk.org/index.php?topic=443108.0
ozbot: [SHA256] Altcoin
KRS-One: Invest today.
assbot: [MPEX] [S.MPOE] 6950 @ 0.0008702 = 6.0479 BTC [+]
mircea_popescu: sooo, who wants some altcoins ?
Duffer1: <--
mircea_popescu: pankkake be so kind send Duffer1 1337 ATC when you have a moment.
BingoBoingo: I dunno who doesn' want altcoins
pankkake: post address
mircea_popescu: pankkake be so kind send BingoBoingo 1337 ATC when you have a moment.
jborkl: what is a addnode for alt
BingoBoingo: 1N2vdbBpvhmeAELqCdWYWcLo5rxnBsZ2zo
Duffer1: make it raIn Pappascu
mircea_popescu: jborkl see that thread.
Duffer1: :P
mircea_popescu: https://bitcointalk.org/index.php?topic=443108.300
jborkl: oh ok
KRS-One: Where will this coin be traded? Curious to see the valuation
mircea_popescu: KRS-One see that thread :D
KRS-One: mk
mircea_popescu: so far it's about on par with doge. maybe a little more.
KRS-One: lol
pankkake: if you use the open source version, you don't need addnodes
mod6: I'll have to try to pick up some of those ATC's later. (don't have my pub addr handy atm)
ThickAsThieves: i'd like some, but i dont even have a awallet yet
KRS-One: now i want to know when is the pump
Duffer1: neither do i >.<
ThickAsThieves: i dont wanna run that coingen exe
mod6: tried to solo-mine (cpu) some about a week ago, unsuccessfully. might just have to buy some.
ThickAsThieves: :X
mircea_popescu: ThickAsThieves you still don't have any ?
ThickAsThieves: nope
mircea_popescu: lmao
ThickAsThieves: never even loaded the app
mod6: wat
asciilifeform: what's the plan? dump when moon is full?
mircea_popescu: such a hypocrite srsly.
ThickAsThieves: lol
mircea_popescu: asciilifeform there is no plan
ThickAsThieves: we need win/linux packages of it
BingoBoingo: Oh thank you. I hope there is nevar and Altcoin pump. I don't want to be tempted to split such a nice round number.
ThickAsThieves: of the pankkake strain of it
mod6: im running it on linux...
assbot: [HAVELOCK] [AM100] 27 @ 0.00532 = 0.1436 BTC [-]
mircea_popescu: BingoBoingo who would pump such a thing, srsly.
mod6: 64 bit
chipug: sorry for delayed repsonse, been cooking. a woodchipper mircea? you think i'm fighting a losing battle just because where site came from originally? i don't want to do nothing.. i'm not so good at giving up. thanks for your thoughts guys by the way, much appreciated
mod6: am I missing something?
mircea_popescu: chipug not what i said woman. you gotta read what i say not just replace it with what you've heard people say.
benkay: i'll take some alt.
mircea_popescu: benkay don't ask to ask, addy to ask.
benkay: would you be so kind as to run my alt-books as well, pankkake?
mircea_popescu: aaaa-hahaha.
pankkake: eh…
mircea_popescu: you're not getting an alt unless you run a wallet.
pankkake: well you don't need to actually run the wallet
mircea_popescu: what is this, metameta ?!
asciilifeform: what's the addr algo for 'altcoin' ?
pankkake: just use vanitygen
mircea_popescu: asciilifeform im pretty sure it's exact copy of btc
pankkake: version number is same as btc
pankkake: so I can actually send to your bitcoin addresses in altcoin
pankkake: magic!
mircea_popescu: chipug you don't have an angle. as a small entity with little money you need a god damned good angle. otherwise, what you're trying to do, compete on execution,... you'll get crushed by the larger entities. see ?
jborkl: the addnode you put up pankkake is not working
mircea_popescu: pankkake ya but then you're stuck having to export addies.
benkay: come on pankkake. alt-coin broker to the stars.
Bugpowder: Holy shit, second market bought 5870BTC on Wednesday.
pankkake: jborkl: what's happenining? because it's one of my servers
Bugpowder: https://bitcointalk.org/index.php?topic=337486.0
jborkl: wait it finally hooked up
ozbot: SecondMarket Bitcoin Investment Trust Observer
mircea_popescu: Bugpowder isn't this instructive as to their relative unimportance ? would you say ?
Duffer1: they plan to create an exchange
asciilifeform: 1snsaCCwLsKjuUqfjK7qat696P5xYCoYn
jborkl: just trying to dl the blockchain for it
mircea_popescu: ahaha
Duffer1: nice
mircea_popescu: pankkake 1snsaCCwLsKjuUqfjK7qat696P5xYCoYn << 1337 svp
mod6: ThickAsThieves: did you ever hear back from BlueMatt about the source?
Bugpowder: They are about as important a big early adopter
Bugpowder: 80,000BTC holders have some clout
mircea_popescu: Bugpowder they deployed 6mn in capital, took it in the teeth for 10% the next day. sounds kinda chump-y.
KRS-One: U can try to get a hold of Fontas. Behold: Teh FONTAS pump.
Bugpowder: long time horizon, can't time the market. Just buy as the money comes in.
mircea_popescu: yeah well.
Bugpowder: people that use them are chumpy
mircea_popescu: clout usually is about shorter timespans than "eventually".
Bugpowder: Do we know what they PAID for those coins?
mircea_popescu: Bugpowder so then there we go, 80k btc holders in 500 different hands are... well... what they are.
mircea_popescu: im sure they didn't get them for ALT.
Bugpowder: maybe they got them below market
mircea_popescu: for that token, maybe they got them 15% over spot.
KRS-One: http://www.livememe.com/ddtoo75
ozbot: livememe.com - chikun
assbot: [HAVELOCK] [B.SELL] 5 @ 0.13499792 = 0.675 BTC [+] {2}
BingoBoingo: ;;nethash Altcoin
gribble: (nethash takes no arguments) -- Shows the current estimate for total network hash rate, in Ghps.
mircea_popescu: mod6 afaik he finally did get the sauce.
assbot: [HAVELOCK] [PETA] 5 @ 0.04556002 = 0.2278 BTC [-] {2}
mod6: ahh, ok cool.
mod6: should link that on the homepage, ThickAsThieves
jborkl: I put a stratum pool on it
jborkl: hehe blow up diff
jborkl: 62.7 not for long
mircea_popescu: this should be interesting.
mircea_popescu: i suppose if "the core dev" power-rangers fuck up too badly we can just move on to atc and be all liek... whatever.
ThickAsThieves: i got one! 17dXWwn7hcTtSQpBptXaoRWuR6SPETst2U
KRS-One: i guess i can set up my asics to mine directly
assbot: [MPEX] [S.MPOE] 8100 @ 0.00086806 = 7.0313 BTC [-]
ThickAsThieves: <mod6> should link that on the homepage, ThickAsThieves -- i will this weekend, gotta go
ThickAsThieves: http://www.coindesk.com/secondmarket-takes-first-step-to-becoming-us-exchange-with-new-seller-service/
mircea_popescu: http://25.media.tumblr.com/tumblr_mdrnyzKyxE1ru15g3o1_1280.jpg
mod6: ThickAsThieves: aight thanks man
assbot: [MPEX] [S.MPOE] 5075 @ 0.00086972 = 4.4138 BTC [+] {2}
chipug: mircea_popescu: lol @ the seated lassie's expression
assbot: [MPEX] [S.MPOE] 8125 @ 0.00087096 = 7.0766 BTC [+] {2}
assbot: [HAVELOCK] [RENT] 20 @ 0.0055 = 0.11 BTC
deadweasel: http://www.itnews.com.au/News/371774,russia-bans-bitcoin.aspx ?
ozbot: Russia bans Bitcoin - Finance - Business - News - iTnews.com.au
asciilifeform: deadweasel: old news
KRS-One: .bait
ozbot: http://25.media.tumblr.com/0cf5c46475d4f71bcdc2f4d2388ed299/tumblr_mi46cf9pOw1s03awmo1_1280.jpg
assbot: [HAVELOCK] [RENT] 39 @ 0.0055 = 0.2145 BTC
KRS-One: ATC needs an official .bait
assbot: [MPEX] [S.MPOE] 9400 @ 0.00086687 = 8.1486 BTC [-]
pankkake: http://www.tumblr.com/tagged/alt-girl
ozbot: alt girl on Tumblr
mircea_popescu: lol
pankkake: https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/7f9c7b26a052d67986aa1b017ce422be/tumblr_mmvx2akUip1rh8rhuo1_500.jpg
mircea_popescu: basically tattoos only work on white chicks of that particular complexion
pankkake: I have a hard time with colored tattoos
asciilifeform: wonder if anyone makes a tattoo printer.
asciilifeform: dot-matrix style
mircea_popescu: give it that nice limoges look
asciilifeform: (can't help but think of Kafka's 'The Penal Colony')
mircea_popescu: asciilifeform it would probably need a full body scanner tho
asciilifeform: (the man invented the dot-matrix printer! seriously.)
Bugpowder: looks like my ex with smaller tatas
asciilifeform: doesn't have to be full body - can run it over skin, like a shaver.
mircea_popescu: asciilifeform you ever had one of those hand-held scanners ?
asciilifeform: yes
mircea_popescu: they SUCKED
asciilifeform: they sure did.
mircea_popescu: so no, no run it over skin like a shaver. please no.
asciilifeform: newer ones with an optical mouse-style sensor instead of the wheels almost work.
jborkl: Tat, regular stratum runs against it but- mining.submit must be different. You will need to ask
mircea_popescu: dumbass teenyboppers of 2020 will do it and if they do i will hunt you down
asciilifeform: (optical mouse scans skin just fine, try it)
asciilifeform: http://www.thinkgeek.com/images/products/other/moodinq_main_zoom.jpg
asciilifeform: fake?
Bugpowder: re: second market exchange : i guess they need a way to start liquidating ?
asciilifeform: http://www.thinkgeek.com/stuff/41/moodinq-tattoo.shtml
ozbot: ThinkGeek :: moodINQ - Programmable Tattoo System
asciilifeform: ok fake. but exactly what i imagined.
mircea_popescu: http://25.media.tumblr.com/tumblr_mdo840RqwH1ru15g3o1_1280.jpg << never sit in a club queue again
mircea_popescu: asciilifeform i would think so.
pankkake: oh, I like that one
pankkake: if only pic was bigger :(
mircea_popescu: "for illustrative purposes only"
pankkake: https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/c97b56d35fdddb6a7ce002dddd2e94e7/tumblr_mg3p7bFur41rmcr76o1_1280.jpg
mircea_popescu: http://31.media.tumblr.com/tumblr_mdo88qoXHz1ru15g3o1_1280.jpg << and this'd be the real problem with boobjobs.
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
asciilifeform: http://techtripper.com/a-tattoo-making-robot-that-etches-your-forearm-with-a-religion-of-its-own-choice/
ozbot: A tattoo making robot that etches your forearm with a religion of its own choice | TechTripper
asciilifeform: cat pgp.pl > /dev/tattoo
mircea_popescu: asciilifeform ok, that may work, but...
assbot: [HAVELOCK] [B.SELL] 1 @ 0.1349999 BTC [+]
mircea_popescu: " Tattoos made by the robot cannot be compared with handmade tattoos and the device would need more advanced mechanism to imitate the behavior of artists who hold the skin tight to engrave tattoos."
mircea_popescu: now this at least has good spatial controls. the razor thing... heh
BingoBoingo: ;;ident BingoBoingo
gribble: Nick 'BingoBoingo', with hostmask 'BingoBoingo!~BingoBoin@unaffiliated/bingoboingo', is not identified.
Duffer1: what's Altcoins vanitygen -x value?
Duffer1: 0?
BingoBoingo: ;;ident BingoBoingo
gribble: Nick 'BingoBoingo', with hostmask 'BingoBoingo!~BingoBoin@unaffiliated/bingoboingo', is identified as user 'BingoBoingo', with GPG key id 309BB8D7F3251143, key fingerprint ADD7A9A28F85E5EF1F51904F309BB8D7F3251143, and bitcoin address None
asciilifeform: can we get altc addrs in those?
BingoBoingo: WTB: 30,000 Altcoins @150 satoshis per
assbot: [HAVELOCK] [AM1] 1 @ 0.51 BTC [-]
Duffer1: is your snsa address not a altcoin address?
asciilifeform: shat out by vanitygen, so, it is.
mircea_popescu: usure ?
BingoBoingo: I've got to take my Altcoin balance from 1337 to 31337
Duffer1: i don't know enough about the process involved to know if it's generating a Altcoin compatible address
Duffer1: i really don't want to run the exe hehe
mircea_popescu: prolly smart.
asciilifeform: if lifted from classic btc, it's compatible.
mod6: yeah, i cringe at running pre-compiled binaries.
assbot: [MPEX] [S.BBET] 5000 @ 0.00062099 = 3.105 BTC [-]
asciilifeform: i'm still waiting for the first directly trojaned altcoin.
mike_c: did i miss the l33t giveaway? i'd like to hoard some more atc at 1NUNo4rF9a5gehszwSu8W7uMGaJs4Ee2dX
mircea_popescu: it happened afaik
mod6: but was excited enough to try it out to see if I could get a solo-block. didn't happen. lol
mircea_popescu: mike_c it's for ppl who has none! i'm not sending tat any either
mike_c: aww
assbot: [MPEX] [S.BBET] 4350 @ 0.000621 = 2.7014 BTC [+]
asciilifeform: trojaned in the 'magic block sets up the bomb' style
mircea_popescu: let him be destitute in the land he helped create.
mircea_popescu: asciilifeform iirc it was just some random crapware bundled with the wallet
asciilifeform: ah that's lame. should be diddled in a way that survives recompile.
asciilifeform: UCC-style.
mircea_popescu: you keep thinking you're in this parallel universe where people like... put effort into what they do and whatnot.
asciilifeform: i sorta live there
mircea_popescu: sprezzatura, read up on it.
mircea_popescu: the bug that ruined five empires
BingoBoingo: http://valleywag.gawker.com/this-man-is-representing-aol-on-live-television-1518467796/@sarah-hedgecock
assbot: 123!
ozbot: This Man Is Representing AOL on Live Television
mircea_popescu: waitwait. hedge c0k ?!
BingoBoingo: Looks like it, gotta hedge those c0k values
mircea_popescu: over 9000 c0x hedged so far
assbot: [HAVELOCK] [NEOBEE] 90 @ 0.003081 = 0.2773 BTC [+]
BingoBoingo: c0k futures are even more precarious than difficulty futures
asciilifeform: 'for every smart orifice,' there's a spiked hedge-c0k...
BingoBoingo: I wonder if that futurist is Vexual?
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13499999 BTC [+]
pankkake: Duffer1: the default one, don't touch it and you'll get an alc address
Duffer1: kk
mircea_popescu: o it's alc now ?
mircea_popescu: alt atc not confusing enough ?
mircea_popescu: ima call them qoq
assbot: [HAVELOCK] [RENT] 300 @ 0.0055 = 1.65 BTC
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
BingoBoingo: Imma still looking for 30K QOQ @150 satoshi so my wallet can be 31337
ThickAsThieves: "alters" sounds okay verbally for satoshis, or maybe we just call them alms
ThickAsThieves: <jborkl> Tat, regular stratum runs against it but- mining.submit must be different. You will need to ask --- ask what now?
ThickAsThieves: <mircea_popescu> mike_c it's for ppl who has none! i'm not sending tat any either --- you mutha!
jborkl: give me aa few minutes I and changing some stuff and see if it works
mike_c: we're out in the cold
mike_c: me with 1, you with 0 :)
mircea_popescu: suffar yo
mircea_popescu: mike_c i thought you were mining ?
ThickAsThieves: you know whatd be funny, i make a deal with ASICMINER to buy hashes and point them at it
mircea_popescu: what'd a block cost ftr ?
mike_c: i gave it a half-hearted attempt the other day, but i don't have a good gpu for it.
ThickAsThieves: block cost? reward is 512
mircea_popescu: mike_c ok if you honeslty have none you can get a 1336 set then you can be leet too
mike_c: but, for the lulz: WTB: 30,000 ATC at 151 satoshis
mircea_popescu: ;;genrate 1000 60000
gribble: The expected generation output, at 1000.0 Mhps, given difficulty of 60000.0, is 8.38177527385 BTC per day and 0.34924063641 BTC per hour.
Duffer1: pankakke 1DuffFBtKvCzEbp2bG93XViW2ESgwRh6M9
ThickAsThieves: expensive
mircea_popescu: sooo... 1 ghps would make .35 atc per hour ?
mircea_popescu: what's a ghps sell for ?
ThickAsThieves: no idea
mike_c: ;;calc 30000 * 0.00000151
gribble: 0.0453
ThickAsThieves: 1.6ghs for $60 on amazon
mircea_popescu: 1 hr ?
assbot: [MPEX] [S.MPOE] 1050 @ 0.00086687 = 0.9102 BTC [-]
mike_c: ;;calc 0.0453 * [ticker --last]
gribble: 32.848557063
ThickAsThieves: i mean a miner
ThickAsThieves: sry
jborkl: Attempting block submit
jborkl: Block result: {
jborkl: "id": "-1451344613",
jborkl: "result": "rejected",
jborkl: "error": null
pankkake: Duffer1: sent. "Duff" :)
mircea_popescu: a
jborkl: }
ThickAsThieves: no one rents by the hour
Duffer1: thanks MP :)
mircea_popescu: yee.
ThickAsThieves: well maybe botnets
mircea_popescu: mike_c srlsy, paste an addy
mike_c: 1NUNo4rF9a5gehszwSu8W7uMGaJs4Ee2dX
mircea_popescu: pankkake 1336 there pls.
pankkake: lol
mike_c: and no, i did not vanity gen a "nun" address
jborkl: the version must have a slightly different submit, so stratum would have to be changed to submit correctly- if you could what they changed you will need to know
jborkl: ask
mircea_popescu: ThickAsThieves yeah you gotta ask!
ThickAsThieves: i dont even know how to download the block source
mircea_popescu: stratum pool = big deal.
ThickAsThieves: fuck this shit
ThickAsThieves: hehe
jborkl: quitting already? ??
mircea_popescu: lmao this cryptocoin project has like a 12 yo founder and what is this!
pankkake: to be a true altcoin you have to not understand what you are doing
ThickAsThieves: it should just work outta the box
mircea_popescu: yeah like crypto-cereal decoding cockrings
mircea_popescu: or w/e.
assbot: [MPEX] [S.MPOE] 3400 @ 0.00086687 = 2.9474 BTC [-]
pankkake: I hope http://coinminer.net:19982/static/ actually works
mircea_popescu: http://25.media.tumblr.com/tumblr_mdfp7olGMw1ru15g3o1_500.jpg << is this hitch-cock ?
ThickAsThieves: i'll just get some when it's listed somewhere, online wallets are the best wallets right?
pankkake: his nose is happy to see her
jborkl: running stratum against say terracoin is exactly the same as bitcoin - hell all you do is change the payout addy and port, something is slightly different
mircea_popescu: someone should vanitygen a 1am12andwhatisthis addy for you
BingoBoingo: mircea_popescu: That would be easy to do in Failcoin, the MD4 mined one where private key is the last 4 characters of the address.
assbot: [MPEX] [S.MPOE] 8551 @ 0.00087114 = 7.4491 BTC [+]
Duffer1: http://www.zerohedge.com/news/2014-02-07/4th-financial-services-executive-found-dead-self-inflicted-nail-gun-wounds
ozbot: 4th Financial Services Executive Found Dead; "From Self-Inflicted Nail-Gun Wounds" | Zero Hedge
mircea_popescu: that's a shitty way to die
mircea_popescu: can't these people even afford rope anymore ?!
BingoBoingo: What's with this nailgun suicide thing. It's like people setting themselves up to fail.
pankkake: nail gun?! ouch
mircea_popescu: course the only reporting venues are zero hedge and... max keiser.
mircea_popescu: wtf is this.
BingoBoingo: Maybe by financial services executive they mean Phone center pit boss?
assbot: [MPEX] [S.MPOE] 9250 @ 0.00086666 = 8.0166 BTC [-] {2}
mircea_popescu: this seems somewhat of a "War on Xmas" narrative.
mircea_popescu: "The founder and CEO of American Title Services in Centennial was found dead in his home this week, the result of self-inflicted wounds from a nail gun, according to the Arapahoe County coroner."
mircea_popescu: people commit suicides, to the tune of 100 or so a day in the us.
ThickAsThieves: the golden gate bridge is riddled with it
ThickAsThieves: they have a suicide phone
mircea_popescu: if you comb it loose enough about 1 in 100 people could be said to work in "financial services"
BingoBoingo: That low? I'd imagine the number to be higher.
chipug: are they hoping blood loss will be that slow, they are found in time perhaps?
ThickAsThieves: and a watchman
BingoBoingo: chipug: Seems to be the only reason to use a nailgun in the US where more efficient tools are readily available. (i.e. Kurt Cobain, Ernest Hemmingway)
mircea_popescu: but i mean for crying out loud, "american title services" thing was a small... title services company.
ThickAsThieves: they just dont have real guns
mircea_popescu: what the fuck.
Duffer1: ya MP i can't tell if they're trying to find a patter in the sand here, or if there actually is a pattern
Duffer1: pattern
ThickAsThieves: maybe he made a buncha families lose their homes
mircea_popescu: "They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head."
mircea_popescu: for the love of christ.
Duffer1: o.o
mircea_popescu: who ever heard of the 8 shot suicide even !?
BingoBoingo: ThickAsThieves: But in the US a 12 gauge shotgun and a copy of Grey's Anatomy so you can find the brainstem together costs even with the downturn, maybe 0.125 btc?
ThickAsThieves: maybe it was implusive
ThickAsThieves: i dunno
ThickAsThieves: i couldnt do it
ThickAsThieves: http://www.forbes.com/sites/andygreenberg/2014/02/07/alleged-silk-road-creator-ross-ulbricht-pleads-not-guilty-on-all-charges/
ozbot: Alleged Silk Road Creator Ross Ulbricht Pleads Not Guilty On All Charges - Forbes
assbot: [MPEX] [S.MPOE] 9326 @ 0.00087134 = 8.1261 BTC [+] {2}
ThickAsThieves: In the arraignment, prosecutors said that they have between eight and ten terabytes of evidence that they plan to share with the defense
mircea_popescu: uh. this doesn't sound good for the prosecution at all.
Duffer1: yea hehe
mircea_popescu: anyway, good for him.
mircea_popescu: hopefully shrem gets the balls together to do the same.
mircea_popescu: generally speaking no forfeiture + pleading not guilty = worst possible scenario for the da.
mircea_popescu: pretty much the only way to lose your job.
assbot: [MPEX] [S.MPOE] 4000 @ 0.00086453 = 3.4581 BTC [-] {2}
Duffer1: i've read that they have emails of him colluding to wash coins
ThickAsThieves: someone should do an article where the goal is to find the price of every suspected shill
ThickAsThieves: like how much does it cost to get Bitcon Mag to write favorably
BingoBoingo: ThickAsThieves: if you account for sock puppets and robo spam bots, the length of that article would probably approach Aleph subscript zero (infinite, but countably so)
ThickAsThieves: well the focus would be one "community" outlets
ThickAsThieves: Max Keiser
ThickAsThieves: Bitcon Mag
ThickAsThieves: CoinDesk
ThickAsThieves: TheVerge maybe
mircea_popescu: ThickAsThieves they're opaque.
mircea_popescu: pretty much any shill works for a group. the actual cost-per-shillpiece is not a market value.
BingoBoingo: And then Bitcointalk/litecointalk/Techcrunch forums/Twitter swell the ranks in a way that increases faster than they can be wrote up
mircea_popescu: similar to household economy. what's the per-blowjob cost of a wife ? well, it depends, if you're the husband probably like a piece of cake
ThickAsThieves: i guess often it's more of a barter
mircea_popescu: if you're a bum in the street prolly like a rolls.
ThickAsThieves: buy 12mos of ads instead of 6 and we'll throw in an article
ThickAsThieves: thats how it works in print at least
mircea_popescu: something like that.
mircea_popescu: anyway, specifically about bitcoin magazine, i'm curious how long before the contentious manner in which it was acquired actually spills out in court.
mircea_popescu: at the rate it's going probably bitcoin will probably never be worth enough for its btc value to command enough fiat interest, but who knows
the20year: I hope the weekend treats our IPO well , i found a pretty neat purchase
assbot: [HAVELOCK] [RENT] 600 @ 0.0055 = 3.3 BTC
ThickAsThieves: after 24-36 hours it's pretty much over the20year
the20year: We'll see i guess
the20year: There's a foreclosure auction and someone lives in it, whomever buys it has to go through the hassle of evicting the former owners, but the price is fantastic
the20year: and the house is great
pankkake: can you still evict people in the US?
pankkake: good luck evicting people from your own house in France :/
BingoBoingo: Well, eviction is easy if landvalue is greater than the structure value...
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+] {2}
Namworld: From your own house?
Namworld: wtf?
the20year: Yeah , i can get an eviction done in 3 weeks
the20year: eviction laws are done by state and then sometimes by municipality in the US , Ohio is very ,very flexible
the20year: In CA or NY , you're looking at 3 months for an eviction , in Ohio depending on the county it can be 2 weeks to a month
pankkake: https://bitcointalk.org/index.php?topic=430858.0 lol
ozbot: [ANN] [GOATCoin] Greatest Of All Time | SHA-256 | Rewards active users | Rare
assbot: [HAVELOCK] [B.MINE] 6 @ 0.07 = 0.42 BTC [+]
mircea_popescu: Namworld france is a joke.
mircea_popescu: "people have rights" etc.
pankkake: burglars and squatters have rights basically
the20year: right to theft :)
mircea_popescu: i don't think there's actually a worse example of a country than france.
mircea_popescu: pretty much everything about how it's run is offensive.
mircea_popescu: can't fire people. can't evict people. the tax burden is like... 80% ?
mircea_popescu: even with all the monkey they do, african countries like say the car are more palatable.
assbot: [MPEX] [S.MPOE] 2500 @ 0.00086644 = 2.1661 BTC [+]
mircea_popescu: dude check out all the bitcoin mfas : virtualmining.com/ cryptologs.com/ bitcoinviews.com/
assbot: [MPEX] [S.MPOE] 24372 @ 0.00086433 = 21.0655 BTC [-] {3}
mircea_popescu: there's a ton of them
theo__: hey
mircea_popescu: hello.
theo__: the20year Is your IPO REAL?
pankkake: no he invests in fake estate only, on second life
theo__: As in Rentalstarter?
theo__: thanks trolololol.
mircea_popescu: unexpected ambiguity
theo__: apologies i meant to ask is your IPO RENT not REAL >.< been a long night
mircea_popescu: http://31.media.tumblr.com/tumblr_mdfx8qOa9E1ru15g3o1_1280.jpg << this is an alt-babe.
theo__: to bad you can't mine them.
pankkake: haha, yeah it's RENT
theo__: thanks for clarifcation pankkake :)/
Duffer1: rode hard and put away wet comes to mind
Duffer1: thanks mp :(
mircea_popescu: incidentally, anyone have handy a link to the golden painted whore at the whatever conference ?
mircea_popescu: someone pasted it here a few days ago and now i need it to prove a point
pankkake: I thought you trilemaed her already… weird
assbot: [HAVELOCK] [NEOBEE] 343 @ 0.00303927 = 1.0425 BTC [-] {10}
assbot: [HAVELOCK] [B.MINE] 3 @ 0.067 = 0.201 BTC [-]
mircea_popescu: nope ;/
mircea_popescu: or have i ?
the20year: theo__: yes
the20year: RentalStarter/RENT is mine
the20year: I'm second guessing putting a real contact number on the listing, already had a guy call me asking for help on how to deposit money into his HL account
mircea_popescu: ty
nubbins`: mircea_popescu: twist: that alt-babe is actually pankkake
pankkake: I wish I was a girl!
mircea_popescu: well her manboos certainly are.
Duffer1: lol 20 :(
theo__: @the20year what do you expect your anual yield to be over this 2014 period if i may ask. Already invested into 500 shares looking to see what your expectations are to think about a longer term strategy. I have seen how well your company has done from june 2013. Just wondering on your on thoughts for this year
nubbins`: I NO RITE?!?!
jborkl: i did 4 alt blocks, so i retire
nubbins`: she looks so high
nubbins`: cant stop staring at face
nubbins`: :(
asciilifeform: http://www.dailymail.co.uk/news/article-2553964/CEO-commits-suicide-nail-gun-company-investigation.html
ozbot: CEO commits suicide with a nail gun while his company under investigation | Mail Online
mircea_popescu: weren't we talking about this an hour ago ?!
the20year: theo__: Range of 13.44%-65% or so
nubbins`: yes, you were
asciilifeform: damn
the20year: Higher end will depend on capital utilization and whether we flip a property
asciilifeform: 'shot first, asked questions later'
nubbins`: hah
the20year: I found one, if we can bid on it that should have a $30k purchase price, sell price of $90k which would be pretty good towards investors
theo__: the20year: is that in USD Yield or are you expecting that to be in BTC Yield
the20year: USD yield, BTC yield will be unpredictable depending on whether BTC goes to the moon or collapses
nubbins`: if he was a pro, he would have used two nailguns, one on each temple
nubbins`: less chance of becoming cabbage
mircea_popescu: maybe he could have arranged a 10x10 battery of price guns
nubbins`: heh.
the20year: a car with a hose is always much more effective
nubbins`: cover airways with SALE stickers
mircea_popescu: death by ten thousand glues.
theo__: the20year: good thanks you have already made me put more faith in you just with that statement. Furthering on will you be hedging anything into BTC or all directly into USD as your company for you unfortunatetly missed the $120 -> 1000 price hike and could have already had a million dollar investment plan.
the20year: We've got quite a few BTC Hedging strategies, the msot up front one is the fact that we're only cashing out on a as-needed basis
the20year: We also had a $120>$65 price move when we started :D So unfortunately we're kind of used to it
theo__: the20year: as the only thing that is stopping me as a investor looking to diversify into your company is the key fact that I believe the US could be on a potential melt down, and would mean that if you hedged to much into USD I am exposing myself to to much risk
the20year: Personally i'd like to save a little back to invest into some type of btc/only investment
the20year: Well, it would be tied to real estate, and in the past under hyperinflationary periods, real estate has typically done well (Yugoslovia/serbia, zimbabawe, Weimar Germany) , so I feel a little bit safe against that
theo__: the20year: have you also taken into consideration the potential risk of if a housing collapse does happen again or a market collapse in america? as in your compaines Manifesto ( i know not the right word but i am tired) you did not mention this is a potential risk to investors
the20year: Additionally we're not overloaning properties, or going for absurdly low incomes, we could theoretically lower rents by 30% or more and still provide somewhat decent yields to invesors
mircea_popescu: dude forget it, real estate in central ohio isn't collapsing
mircea_popescu: it hasn't where./
the20year: Well , during the 2001-2005 run up in prices, we increased maybe 30%
the20year: From the 2006-2011 collapse we decreased by around 25%
the20year: Some markets increased by say 500% in the US and then promptly crashed 450%
theo__: the20year: agreed but i am hesitent to over invest as you are talking about a leveraged lending scheme (which works well in good financal times) Though in bad times over leveraging can leave you to open to the risks
theo__: thanks mp
the20year: That's why we're planning on low LTVs
the20year: Well, lower than many, we're only looking at around an average of 60% LTV
nubbins`: i mailed a package mid-january and it took 19 days to get to the other side of canada
nubbins`: :(
the20year: Ouch
mircea_popescu: your risks are that if btc reaches 10k in a year or two you're left with 1/10 of what you'd have had if you held on to the btc, and if the guy splits with the cash you're left with whatever people buying into asset-based btc corps are usually left with
the20year: Those are the two primary risks
mircea_popescu: the rest is hardly within a coupla degrees of magnitude of that
theo__: the20year: Alright that answers my next question. My last major question i have is with the 3 year rental - equity buy back how would that work in terms of a shareholder dividend?
the20year: Or the guy that runs with the exchange dashes off with your divs/equity
the20year: 3 year rental?
the20year: In terms of the lease purchase option being executed?
theo__: Yes
theo__: Would you reinvest or divedened the profit?
theo__: or 50 /50
the20year: We'd hold a vote
theo__: Apologies again for my horrible spelling.
the20year: last time we had a vote to ask the direction of what shareholders wanted to do , it came back as 40/60 in terms of distribution (Re-investing 40%, distributing the rest)
Duffer1: heed MPs caution theo
the20year: Ideally, i'd like to see the original purchase price re-invested, so the property pool doesn't shrink
theo__: Duffer i have to many BTC to leave them sit as only BTC i need to diversify and RENT offers a realistic aproach to reinvestment with his companies share value only increasing even with the price of bitcoin 8x higher then his inittal IPO
Duffer1: i had 200 btc once, now i have 20
the20year: Yeah, we did quite well in the runup on prices, that was till bitfunder collapsed
theo__: i had 6000 once duffer... we all learn
mircea_popescu: do we ?
theo__: the20year: Bitfunder?
nubbins`: http://imgur.com/EyRjQRf
ozbot: imgur: the simple image sharer
nubbins`: to protect and serve ...yourself at mcd's as fast as possible
the20year: Yeah
the20year: We were on BF from the june IPO through it shutting down
mircea_popescu: i had 500`000 altcoins once...
the20year: Price ranged from .011 (IPO price), to a high of .0365 or so
theo__: Ah i getchya now
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [-]
mircea_popescu: nubbins` http://25.media.tumblr.com/tumblr_md9u32IbIn1ru15g3o1_1280.jpg
mircea_popescu: even.
nubbins`: hm, you win this round
theo__: And you will have first dividend out on the 15th? Which if i look at it right will be averaging a ~3% yield because of the new IPO purchasing power not being included. This would be about right?
assbot: [HAVELOCK] [B.SELL] 5 @ 0.12502 = 0.6251 BTC [-] {2}
the20year: .7btc spread out on whatever shares there are
assbot: [HAVELOCK] [CFIG] 4 @ 0.080025 = 0.3201 BTC [-] {2}
theo__: no problems and that dividend will only be for share on havelock?
the20year: Yes
theo__: so anyone who has not moved there shares misses out.
the20year: Correct, it's my way of telling them to get it done :)
theo__: Haha I like it :)
assbot: [HAVELOCK] [RENT] 50 @ 0.0055 = 0.275 BTC
nubbins`: http://imgur.com/gallery/K8PDa
ozbot: How to pass time on the train - Imgur
theo__: Do you mind if i ask a bit more of a personal question. As in how old you are? Just so i can get a grasp of who i am investing into, Because as far as i can tell it seems you are the company or is there more people in the managment team?
the20year: There's only one sizable shareholder that hasn't imported yet
the20year: 28
theo__: and 7 years experience on some major boards already not bad.
the20year: I'm the only real manager , if anything were to happen to me, ben from buyahash would step in to manage
the20year: You're speaking of the local realtor board?
Duffer1: Offering the Bank of Duffer1, send me your coins and next year i'll send them back to you
Duffer1: every single one of them
asciilifeform: when do we get the chainsaw-autodecapitated CEO?
theo__: Well i saw your credentials, and you said you had sat on 2 boards.
Duffer1: i won't even charge for this service
the20year: I think i've been on more than that, but i was president of the Pickaway board of realtors which was...fun
theo__: Ok
Duffer1: accidentally shot himself in the back a few times ceo?
the20year: under my careful management we liquidated the board :D
theo__: LOL
the20year: It was odd , i was the youngest, the last, and the longest overseeing president
asciilifeform: accidentally-filled-bathtub-with-HCL-instead-of-water CEO.
theo__: Can i ask a bit deeper as in are you currently still working outside of this company?
the20year: Median realtor age in my county is about 65
assbot: [HAVELOCK] [AM1] 2 @ 0.51999996 = 1.04 BTC [+]
theo__: Youngest = understanding it the fastest in my books anyway
the20year: I have a few small time businesses I run
the20year: I do some precious metals investing, website development, and I hear my brother will pay me some day
theo__: so you'r not on any boards anymore that could restrict your commitments to the company if it is to turn well?
mircea_popescu: asciilifeform "i can't believe it wasn't butter"
the20year: no
theo__: or other work commitments persay
the20year: I got rid of all those 2 years ago
mircea_popescu: persay ?
the20year: Nope, i sold off my website company that was taking most of my time in September
theo__: Perfect.
asciilifeform: 8 shots -> somebody wanted to know where the coldwallet is.
nubbins`: "This week Russia praised the United States for its rich history of making gay athletes feel unsafe and unwelcome"
nubbins`: heh
theo__: Do you have an email or any other form of communication to talk more privately? I may think about becoming a largish scale investor in your company. I am liking the way you hold yourself and your answers.
mircea_popescu: ok i gotta put the markov chain on ignore, this is too much.
the20year: brandonschlichter@gmail.com and my cell phone # is 740-571-1606
the20year: all that information though is on the contact details at HL :)
theo__: I will use email, I am international.
the20year: my skype id is www.1337ventures.com
the20year: for some reason all the guys at havelock hate text commuication and always call
the20year: Not that i mind it, whomever I'm talking to at HL is quite bright
mircea_popescu: nubbins` according to the onion, 80% of us adults get their news from the onion.
theo__: So the new company who owns havelock you haven't had any problems with? as this was something i noted on the bitcointalk.org forum that people were complaing / being weary of
the20year: So far so good
the20year: There was one guy i talked to who was alright, lots of miscommunication
the20year: Then they sent me to some other guy who cleared up literally everything in a 30m phone call
Duffer1: the panama fund is shady as fuck
the20year: and out of all the people i've talked to, he seemed to know what he was doing
theo__: duffer1: can you explain why that is at all sorry?
Duffer1: the quality of the offerings since takeover is what i base that on
theo__: ok, and is each share = to 1 vote in the company? so at the end of the day with you retaining 60% stock you always have the winning vote? or will you have your's as a vote of absence and decided only in deadlock?
the20year: As it is right now, i have control and can do essentially what I want, but as I had stated in the past , i want to do like a board of directors type of thing
Duffer1: with the exceptions of rentalstarter and maybe neobee ofc
the20year: IE have the top 5 or 10 shareholders get a director position, where we then make the right choices
theo__: duffer1: anything further? i would agree that the mintspare company seems shit and also the bitcoin mining derivitive i stay the F away from. But to me seedcoin I was one of the best put companies in a while (well until i saw REAL)
assbot: [HAVELOCK] [RENT] 90 @ 0.0055 = 0.495 BTC
the20year: Seedcoin looks great IMO
Duffer1: i haven't looked into seedcoin at all actually
theo__: agreed i own a few to many but lol got excited with there IPO and now own 3000 @ the IPO price >.>
the20year: I'd of enjoyed listing on mpex, but investors said no
asciilifeform: http://www.sacbee.com/2014/02/06/6136333/calif-leaders-outline-proposed.html
ozbot: California leaders push for smartphone kill switch - Wire Technology - The Sacramento Bee
theo__: the20year, i think stay away from mpex as well. Not user friendly unless high level computer user, and i personally believe its tied into a giant drug laundering scheme
Duffer1: mainly it was peta/cfig/mintspare that really tells me they're not interested in investors, they just want to fleece customers
nubbins`: mircea_popescu, probably the only truth on the website
theo__: the20year: how much will it be to make it onto the board of directors because that is something that has now caught my attention
the20year: Mpex is sort of a bitter/sweet thing , high potential for large investment, but high capital to list, and most of my investors stated to me that they wouldn't migrate
the20year: What I'd like to do is take from either the top 5 or top 10 shareholders
assbot: [HAVELOCK] [AM1] 9 @ 0.51999996 = 4.68 BTC [+]
mircea_popescu: asciilifeform believe it or not, the most offensive part in there is the "leaders"
the20year: Or maybe a 5 top shareholders + 5 shareholders as voted by the body
mircea_popescu: what the fuck leaders, that's not what you call a herd of pencilnecks.
the20year: It's california
theo__: Perfect, the only thing i could see with being the problem is, do the top 5 share holders want a say in the company as in being a director as i think a lot of the investors (especially early IPO) would of just been using it to invest there BTC into real world without the proper understandings to be able to help run something such as this
mircea_popescu: "In San Francisco alone, about 60 percent of all robberies involve the theft of a mobile device, Police Chief Greg Suhr said. In nearby Oakland, such thefts amount to about 75 percent of robberies, Mayor Jean Quan added."
mircea_popescu: wait. in OAKLAND ?!
the20year: And that's my concern
mircea_popescu: is this a different oakland ?
assbot: [MPEX] [S.MPOE] 7371 @ 0.00086512 = 6.3768 BTC [+]
the20year: Out of the guys we have, there's 3 I really like that do understand business, one is absolutely fantastic, most others don't have much of a interest, so the problem/issue becomes how do I get to cherry pick those that help control the company?
theo__: Agreed
theo__: I suppose those that communicate with yourself and others inside the company and those who are eager to be involved in more then just "LETS THROW MONEY AT IT!!!!!!"
the20year: Yeah
the20year: Now, we do have the IRC channel at #rentalstarter which helps alot
assbot: [MPEX] [S.MPOE] 14050 @ 0.00086475 = 12.1497 BTC [-] {2}
theo__: FYI i have a degree in business majoring in finance and minor in financial markets.
theo__: ok
theo__: I may slide over to the channel soon and see how its rocking :)
the20year: that's where i post up the daily details on what's going on
BingoBoingo: asciilifeform: It looks like nike style "You only need intercept the general area" missile defense might make a comeback http://thediplomat.com/2014/02/will-hypersonic-capabilities-render-missile-defense-obsolete/
the20year: Laser based systems can put the hurt on hypersonics
theo__: Thank's for your time the20year il slide over there, and keep an eye on this. Btw congratulations so far on selling ~5500 shares so far.
the20year: We have a minimum funding goal of $50k, hopefully we can get there soon so we can get it released and another property
Namworld: There's already efficient missile defense system for small ones that are cheap enough. Soon enough yeah, laser.
the20year: not for hypersonics
the20year: Russia has a few systems deployed that are retargetable RVs that are very effective against most missile defense systems, but our systems aren't going after Russia's , they're more for iran/NK
BingoBoingo: Namworld: the20year: The answer existed in the 50's -> nuclear tipped air defense missiles
the20year: Sure
assbot: [MPEX] [S.MPOE] 16300 @ 0.00086422 = 14.0868 BTC [-]
Namworld: What's the problem if the missile is hypersonic? Drop the radar, use satellites/visual.
the20year: Nearly impossible to intercept with another missile, try hitting a moving target that's incoming at mach 15 to mach 20
Namworld: An alert, a short human check on the object to confirm, shootdown.
the20year: Most interceptors are traveling upwards of mach 5, so that's mach 20-25
BingoBoingo: https://en.wikipedia.org/wiki/Nike_Hercules#cite_ref-51
ozbot: MIM-14 Nike Hercules - Wikipedia, the free encyclopedia
the20year: The genie also kind of served the same purpose , or could be used that way at least
Namworld: I thought that's why they're aiming at laser defense systems.