assbot: [HAVELOCK] [MS] 300 @ 0.005 = 1.5 BTC
assbot: [HAVELOCK] [B.SELL] 5 @ 0.129 = 0.645 BTC [+]
assbot: [HAVELOCK] [PETA] 10 @ 0.04837803 = 0.4838 BTC [-]
ozbot: imgur: the simple image sharer
KRS-One: Pussy Riot was on Colbert Report today
KRS-One: something sexy about the cryllic language spoken by young hot womens.
ozbot: Wozniak To Apple: Consider Building an Android Phone - Slashdot
assbot: [MPEX] [S.MPOE] 13700 @ 0.0008678 = 11.8889 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 5 @ 0.04837802 = 0.2419 BTC [-]
herbijudlestoids: so KRS-One did bitfinex come good last night? or still busted?
ozbot: iPhone 5 phones destroyed in protest against Apple's anti-Bitcoin actions
assbot: [MPEX] [S.MPOE] 12500 @ 0.00086813 = 10.8516 BTC [+]
punkman1: "There iz only one good substitute for the endearments ov a sister, and that iz the endearments ov sum other pheller's sister."
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}
assbot: [MPEX] [S.MPOE] 15050 @ 0.00086813 = 13.0654 BTC [+]
ozbot: iPhone 5 phones destroyed in protest against Apple's anti-Bitcoin actions
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?
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 ...
benkay: how would they go about pretending to clear them?
sypher_: graph data is coming off their servers afaik.
ozbot: Mt.Gox Withdrawals - Coinsight.org
benkay: dat average withdrawal size lol
benkay: "ATTENTION ALL MINNOWS. POOL IS CLOSED."
assbot: [MPEX] [S.MPOE] 14170 @ 0.00086705 = 12.2861 BTC [-]
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_: looking at btce and bitstamp
herbijudlestoids: err no, i meant opinions on the withdrawal transactoins...nevermind
sypher_: was just here to try and understand that pattern there ;)
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.
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?
sypher_: lol, why is that nubbins` ?
nubbins`: obvious answer is correct one ;D
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
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
sypher_: i mean, why only bitfinex and bistamp, not btce?
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
Duffer1: comply with your local money transmitter laws and you're probably ok
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
sypher_: herbijudlestoids, wouldn't it just be simpler to print it yourself instead of a metal trinket with an embedded key somewhere?
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
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 :-)
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
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?
nubbins`: sure, bit of a higher barrier to entry.
assbot: [MPEX] [S.MPOE] 7000 @ 0.00086813 = 6.0769 BTC [+]
nubbins`: don't you need caustic chemicals for that?
nubbins`: hm, i'm obviously not up to speed
assbot: [HAVELOCK] [MS] 27 @ 0.005 = 0.135 BTC
nubbins`: wait, you said no corrosive chems!
nubbins`: canada post already sells numismatic coins from the mint
nubbins`: and postal money orders, of course
sypher_: was reading about the USPS but its just a few talks atm, even the article itself is cautious
KRS-One: such wow. much credibility.
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}
ozbot: Silver Gold Bull - 1 oz 2014 BitCON Silver Round - Silver
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: 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
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: 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: 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.
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: if there is no naked puts then they must have been written against something
dexX7: the guyer was mpex/oe?
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
ozbot: #bitcoin-assets log
dexX7: soo.. if i understand correctly, when the price goes up, this guy wins, right?
dexX7: just to be sure hehe
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
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. :-)
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
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: 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 [+]
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: 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?
benkay: yes. that is a core valuation principle.
benkay: sometimes a heavier factor than other times.
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
sypher_: there's a kinda bad news I'm reading on the troll box
ozbot: Twitter / revishere: RT @deletesec: @MtGox ...
nubbins`: and to answer your question, no, i don't have an account at gox
dexX7: it's the old one from 2011
dexX7: matches one to one
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.
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
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?
mike_c: sry herb, yes. i am saying rho=0
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 [+]
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 [-]
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
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: !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}
ozbot: High Frequency Bitcoins: HFT Firms Now Accepting BTC Payment | Zero Hedge
assbot: [HAVELOCK] [PETA] 10 @ 0.04999991 = 0.5 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5400 @ 0.00086763 = 4.6852 BTC [-]
Chaaang-Noi: i assume gocoin is an alt... if so kill it with fire
herbijudlestoids: gocoin appears to be a payment processor competing against bitpay
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
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.
ozbot: GoCoin Payment Platform - Litecoin and Bitcoin Payment Processing for Merchants
Chaaang-Noi: its like bitpay, i assumed an alt at first as well
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}
Namworld_AFK: No, I don't. I worked at BitVPS for a while tho
herbijudlestoids: its not zh content, repaste from FT, i used the zh link cos most people dont have a FT account
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: i guess people misunderstanding the large option play.
Namworld: He's from New York. He manages BitVPS's servers in a colo center in NY.
Namworld: He might be sleeping at this time tho
assbot: [HAVELOCK] [PETA] 7 @ 0.04822486 = 0.3376 BTC [-] {3}
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
davout: we used to have a bitcoin charts dedicated api point, which i haven't re-enabled since we relaunched
KRS-One: maaaaaaaaan everybody's buggin about the market prices going down.
kakobrekla: KRS-One whats with the btc, we are poor again
KRS-One: it will be time to start buying kakobrekla
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: im waiting and ready to buy back in if i need to
kakobrekla: you cant even buy yesterdays bitcoin with a bitcoin
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
ozbot: MtGox - Bitcoin Exchange
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
koin3d: bitcoins in a bear market since end of november duh?
koin3d: last few weeks were trending down on no volume = bad sign
KRS-One: My short positions have been making me seek cheaper swap
koin3d: 2-3 sellers unloading positions
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
ozbot: Twitter / Mircea_Popescu: So fatass Karpeles finally ...
koin3d: so what do mtgox traders do considering both btc and usd are now locked
koin3d: im pretty sure most of the volume on gox was karpeles
assbot: [HAVELOCK] [AM100] 40 @ 0.0047 = 0.188 BTC [-] {2}
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
mircea_popescu: Apocalyptic yes but it's like one of those math problems. karpeles doens't fit with anyone else :D
koin3d: shrems only idiocity was going around preaching how great the government is
koin3d: then gets fucking owned by them lol
koin3d: and shrem never engaged in money laundering
koin3d: at least not by any US definitions of it
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
koin3d: apocalyptic: so? half of facebook is proud stoners
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
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: derpy, here's the thing : you gotta be someone before what you think matters.
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: 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
koin3d: mircea you are an old timer.
koin3d: and your mouth and scams are all over the internets
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}
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?
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
Namworld: The guy SOLD puts. Which means MPEx bought them. Which means that insider would be a total loser.
jurov: ;;calc (850-730)/730
jurov: about 16% profit for mpex if they exercise now
assbot: [HAVELOCK] [B.MINE] 10 @ 0.0635 = 0.635 BTC [-]
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 [-]
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: i cant go into it too much, but we are currently in discussions to be bought by a very well known linux company
assbot: [HAVELOCK] [MS] 29 @ 0.005 = 0.145 BTC
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: anyway the point is there are things in between g5 and g5
herbijudlestoids: so, what, i make some profits and just buy some more ...stuff?
herbijudlestoids: kakobrekla: if i cant repatriate profits its less useful. i have a seperate BTC denominated portfolio i need to manage.
kakobrekla: herbijudlestoids well thats where free advice ends
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
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
kakobrekla: at least get my name right when you googlefail you know
kakobrekla: otc profile you tell you a thing or two
kakobrekla: chan went quiet, everyones googling up kako
Apocalyptic: otc profile tells me what you do in btcland indeed
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}
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 [+]
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?
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 [+]
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?
assbot: [MPEX] [S.MPOE] 7294 @ 0.00087155 = 6.3571 BTC [-]
ozbot: My protest at MtGox Offices - 5 to 7th February 2014, Tokyo, Japan. : Bitcoin
assbot: [HAVELOCK] [PETA] 151 @ 0.04452543 = 6.7233 BTC [-] {14}
Apocalyptic: ThickAsThieves, next thing we know Karpeles is in Cyprus in Neo's office
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
assbot: [HAVELOCK] [B.MINE] 10 @ 0.06119001 = 0.6119 BTC [-] {4}
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
assbot: [HAVELOCK] [AM100] 30 @ 0.00450026 = 0.135 BTC [-] {3}
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
ThickAsThieves: yeah just get urself some trilema credits and plug the cookie into any of your commonly used browsers
herbijudlestoids: truffles: i have no problems saying i identify with plenty of things he wrote, for example about education
ThickAsThieves: truffles it's good to read things that make you uncomfortable
truffles: although uncomfortable isnt the word id used
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: "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?
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?
truffles: random topics occur all the time itc
herbijudlestoids: truffles: any opinion on when bitcoin difficulty might level off from its current insane trajectory?
herbijudlestoids: surely 28nm is starting to approach the limitations of physics
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
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..
punkman1: it certainly can't continue going up 20% on each adjustment forever
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
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
herbijudlestoids: Duffer1: the only real question is how many maxcoins do i have to pay max keiser to stop talking
Duffer1: i don't think the amount exists
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
ozbot: Neighbourhood Pool Watch
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..
assbot: [HAVELOCK] [NEOBEE] 8332 @ 0.00300029 = 24.9984 BTC [-] {18}
truffles: haha, he was said to be watching movie
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
truffles: well at least its not in murrica
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 [-]
punkman1: ThickAsThieves: did Neo put those ads on TV?
assbot: [MPEX] [S.MPOE] 5800 @ 0.00086664 = 5.0265 BTC [-]
assbot: [HAVELOCK] [AM1] 2 @ 0.5199988 = 1.04 BTC [+]
ozbot: #bitcoin-assets bash
kakobrekla: i dont even know what is suppose to happen
punkman1: random tweet: "What the fuck is this #whoisneo ??? Can't handle it anymore!!!!"
ozbot: #bitcoin-assets log
ThickAsThieves: one day the whole conversation in here will be links to log quotes
assbot: [HAVELOCK] [AM1] 1 @ 0.5199988 BTC [+]
ozbot: A string of thefts hit Bitcoin's most reputable wallet service | The Verge
punkman1: " A day after Jeff's second hack, Coinbase enabled two-factor authentication via email for anyone attempting to turn on the API key"
punkman1: clearly the answer is to TWOFACTORAUTH harder
assbot: [HAVELOCK] [SFI] 300 @ 0.000816 = 0.2448 BTC [-]
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}
ozbot: How to find out if you’re stupid in one easy step pe Trilema - Un blog de Mircea Popescu.
Duffer1: mircea secretly going commie
mircea_popescu: herbijudlestoids so buy a credit, what, are you george ? can't pay for parking ?
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: 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}
assbot: [HAVELOCK] [CBTC] 29125 @ 0.00013099 = 3.8151 BTC [+] {3}
mircea_popescu: ;;later tell nubbins` so what's your beef with the altcoinz ?
random_cat: not privy to the internals, but my casual observation is that their broker pricing could make them a fuckton of money
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.
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
random_cat: but that has been true for a long time
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: meh, the alt discussion interested me
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
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)
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.
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
random_cat: mircea_popescu: it only requires a leader.... i am making no assertions as to number or quality of generals
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
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 [-]
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}
ozbot: The Ladybirds - Wikipedia, the free encyclopedia
assbot: [HAVELOCK] [SFI] 1000 @ 0.000816 = 0.816 BTC [-]
assbot: [MPEX] [S.MPOE] 2550 @ 0.00086788 = 2.2131 BTC [-] {2}
ozbot: Leaping wildebeest and cuddling cats: the 2014 Sony World Photography Awards shortlist | The Verge
KRS-One: That looks like somebody's mom.
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!
KRS-One: bitcoin should be mandatory currency of all governments
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}
assbot: [HAVELOCK] [B.SELL] 3 @ 0.1299 = 0.3897 BTC [-]
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."
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`: 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
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!
nubbins`: rubecoin-in-a-box, on the other hand...
nubbins`: being "against alts" in general is silly, because how could you be against people experimenting with new ideas?
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
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
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.
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
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}
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
Duffer1: this chan has higher quality soap boxes, they last a while
nubbins`: mircea_popescu: that's a different salvia
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.
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: "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: 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
assbot: [HAVELOCK] [AM100] 25 @ 0.0045207 = 0.113 BTC [-]
nubbins`: chetty: +1, although very soapy
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?
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"
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 [+]
mircea_popescu: i mean... i'm not going to hold it against some woman that she goes around naked in public.
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.
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."
nubbins`: i was 20 the first time i tried salvia
mircea_popescu: i don't get all you doods with the "trying" shit. have you tried the mains socket, too ?
nubbins`: the picture on the tv stopped moving and the room filled up diagonally with buzzing ;(
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: dude the LAST thing on my to do list is being shown new colors
jborkl: <nubbins`> nope, licked mains socket.
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?
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: what's this, were all russian peasants looking for more land to farm ?
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`: how you gonna reflect with truth if you've got all the layers in the way?
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}
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
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
mircea_popescu: herbijudlestoids seriously, you've built yourself this silly whatshisname-wannabeism. it's not some sort of all-encompassing philosophy.
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
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: yaya, "substance subculture". it's all aspiring to be picked up by the book people like burroughs.
nubbins`: i don't even think burroughs aspired that much, guy was a miserable sack of shit
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: "i don't even have to be aspiring that much, and it's ok being a miserable sack of shit"
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"
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: 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 [+]
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: god forbid they experience something irl. lettuce "experiment" shit holed away in our concrete box.
mircea_popescu: the point needs to be made tho, because no fucking body seems to.
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
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: not even. they're trying to find death already, which has been denied them by all the fucking kid safety devices.
mircea_popescu: ;;google time is going by real slow i think we might be dead
nubbins`: find third dimension, briefly escape Flatland.
nubbins`: but wasn't it eye-opening to see that 3rd dimension?
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"
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
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: 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
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: 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: he confessed he learned a valuable lesson from this experience :
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}
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: 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
nubbins`: i can only speak from personal experience
mircea_popescu: nubbins` something that's not reproducible is NOT experience.
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?
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.
nubbins`: i'm driving the conversation here!
nubbins`: brake? we're both doing donuts in a parking lot
nubbins`: shouting at each other through the windows over the screeching and smoke
mircea_popescu: somewhere in a nsa psych lab somewhere they're screening all this right now
nubbins`: anyway, ego death, interesting experience
nubbins`: will my penis come back with increased self-awareness?
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`: he gave me a trove of secret docs
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 ?
nubbins`: mircea_popescu: there was an episode of trailer park boys where they discussed identifying fuel by flavor
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.'
nubbins`: you're talking about identifying colors by taste
nubbins`: are you SURE you've never done lsd?
mircea_popescu: i never said i didn't do anything. what i said was the entire derpage is stupid.
mike_c: i've heard mainlining heroin produces nice colors
nubbins`: i need to plug this computer in and eat lunch
nubbins`: kakobrekla, electricity is grey
mike_c: mains socket produces mostly black in my experience
nubbins`: 120V, 240 may be a different color
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`: i'm wondering if the r goes in electified or stings
assbot: [MPEX] [S.MPOE] 7950 @ 0.00086719 = 6.8942 BTC [-] {3}
phish: so did that guy who did the put option lose 2k btc?
phish: or how does that work
mike_c: did he get excercised? put the microphone next to the speaker!
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: funny how the idiots who scream about "deflationary" "undue advantage to first movers"
assbot: [HAVELOCK] [SFI] 301 @ 0.0008151 = 0.2453 BTC [-]
assbot: [HAVELOCK] [B.SELL] 9 @ 0.12976666 = 1.1679 BTC [-] {3}
assbot: [HAVELOCK] [CBTC] 2000 @ 0.000134 = 0.268 BTC [+]
the20year: and withdrawls from gox weren't stopped earlier?
mircea_popescu: at any rate their present state could in no way be harmed.
ThickAsThieves: drugs beget random behavior, which is mor elikely to have good results than always idiot behavior
mike_c: vexual is drunk half the time
ThickAsThieves: i probly shouldnt offer, i'm already neglecting things
mircea_popescu: well if you're gonna neglect it then you defo shouldn't.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.130001 BTC [+]
ThickAsThieves: "Breaking: Apple repurchases $14 billion of own shares in two weeks: CEO Cook"
mircea_popescu: and the way the us is going... they ain't repatriating that shit.
mike_c: you think they can use foreign money to repurchase shares?
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
mike_c: i thought they could only purchase foreign companies (like skype) with that maoney
mircea_popescu: money is money, you can purchase whatever you want with it.
mike_c: heh. tell that to the irs
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: but in the end, the "because i say so, that's why" side of the discussion is apple and hsbc,
mike_c: they got wesley snipes. and he can kill vampires.
ThickAsThieves: i think the accounting burden for small business is retarded
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
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"
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 [+]
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
mircea_popescu: how hard can it be. publish a bitcoin donation address.
mircea_popescu: i'm looking forward to headlines like "donations dry spell causes government shut down"
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}
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: 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 ?
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13399998 BTC [+]
pankkake: I don't think new miners are coming
benkay: la piscina esta cerrada
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 [+]
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: herbijudlestoids by the way, i checked out s1e1 of curb your enthusiasm
☟︎ mircea_popescu: basically, larry david was the rock holding down seinfeld. once they got rid of him the show noticeably improved.
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.
mircea_popescu: ThickAsThieves i take it the fuckit neobee ceo is all over this rite.
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}
assbot: [HAVELOCK] [RENT] 430 @ 0.0055 = 2.365 BTC
benkay: havelock doesn't report tick direction to assbot?
assbot: [HAVELOCK] [RENT] 101 @ 0.0055 = 0.5555 BTC {2}
assbot: [HAVELOCK] [RENT] 110 @ 0.0055 = 0.605 BTC {2}
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
benkay: cye is everything that is wrong with america
assbot: [HAVELOCK] [RENT] 605 @ 0.0055 = 3.3275 BTC {3}
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
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.
assbot: [HAVELOCK] [B.MINE] 10 @ 0.071 = 0.71 BTC [+]
Duffer1: ;;google transcranial direct current stimulation
assbot: [HAVELOCK] [B.MINE] 7 @ 0.07168571 = 0.5018 BTC [+] {3}
Mats_cd03: is 'poop shoe' a reasonable pronunciation
jayk: bob dylan's hair is pretty static
jayk: lot of boobie pics here
jayk: at least i dont have to uudecode them anymore
assbot: [HAVELOCK] [RENT] 36 @ 0.0055 = 0.198 BTC
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}
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
mircea_popescu: basically the libor was a scam, the forex is a scam too. fiat is about as bad as bitcointalk
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
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: ;;calc 78534 * 0.0055 * 750
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"
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.
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
Duffer1: pretty much the same things that's happened to most assets
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 ?
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.
the20year: We had shares already issued prior to the IPO
benkay: it's not a risk, it's a certainty.
benkay: like a perpetual mining bond's value going to zero.
assbot: [HAVELOCK] [RENT] 432 @ 0.0055 = 2.376 BTC
Duffer1: the likelyhood is very high
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: most mining units by count are underwater today, because of the cost of elec.
assbot: [HAVELOCK] [PETA] 3 @ 0.04800007 = 0.144 BTC [-]
the20year: buyahash's dividend has done pretty decently, but their big benefit was a foray into equipment sales
mircea_popescu: botnets are also underwater for btc mining, same reason
mircea_popescu: they do have a cost, even if you're not paying the elec. cost of opportunity in that case.
assbot: [HAVELOCK] [RENT] 30 @ 0.0055 = 0.165 BTC {3}
ozbot: Plane grounded after failed hijacking attempt | The Verge
ozbot: McGruff The Crime Dog Likes To Get Hiiiiigh
assbot: [HAVELOCK] [RENT] 36 @ 0.0055 = 0.198 BTC
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.
mircea_popescu: that shit i always found hysterical. man with a computer wants to matter.
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: 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.
chipug: what alts *are* sha265? i don't know any
ThickAsThieves: but if they dont use sha they are fighting the wrong people
mircea_popescu: asciilifeform indeed. as if such a thing belongs anywhere outside of a creative reenactment society meeting
mircea_popescu: Duffer1 the altcoin is sha256, not pumped and not premined. just like... you know... NO OTHER ALT out there.
mircea_popescu: asciilifeform no. a war isn't decided by personal valor.
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
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
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0737 = 0.3685 BTC [+]
assbot: [MPEX] [S.MPOE] 12288 @ 0.00086904 = 10.6788 BTC [+] {3}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
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.
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: 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
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
mircea_popescu: a, no. pet slaves are actually quite competent, intellectually.
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: bunch of hipster doofuses who imagine they're doing "a new kind of global business news outlet".
mircea_popescu: holy shit on a stick, because hatguy and armpitbeard girl said so one day and drew some doodles on their starbucks napkins ?!
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?
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
ozbot: David Bradley defends Atlantic Media's exclusive 'salons' - Michael Calderone - POLITICO.com
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".
ozbot: Why are obese Brazilians getting discounted tickets to the World Cup? – Quartz
pankkake: why can't we just have a page with one article in it and that's it
ThickAsThieves: if they could, most businesses would have every page on their home page
pankkake: even ~4 years ago we had clients ask for a SPLASH PAGE
assbot: [HAVELOCK] [NEOBEE] 736 @ 0.00307895 = 2.2661 BTC [+] {3}
ThickAsThieves: this manifests in all those little floating boxes "You might also like!" "Sign up!", which used to be pop-ups
mircea_popescu: best geography question of all time, "where's holland, what's the netherlands and wo are the dutch"
mircea_popescu: "what's holland, where's the netherlands and who are the dutch"
kakobrekla: dutch weed is illegal until it hits coffeshops
punkman1: the qz blog has a blog about itself? that's nice
ozbot: Hashlet | Cryptotronix, LLC
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: 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: 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
assbot: [HAVELOCK] [B.SELL] 2 @ 0.12605 = 0.2521 BTC [-] {2}
punkman1: just a breakout board for the atmel chip?
mircea_popescu: just enough cryptography, the exact equivalent of just in time industrial processes.
mircea_popescu: asciilifeform that said, some raspberry pi enhancing boards may be a good idea.
punkman1: there's a ton of raspberry pis
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
pankkake: 1MPGRCrbib3aFGtTCLF5nADZcLEAgdTu7E just got 500000.00 ATC!
ozbot: Supported Motherboards - coreboot
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
mircea_popescu: hence the "give the kids strong crypto as an addon, let the broadcom blob eat its nails"
mircea_popescu: ;;later tell vexual did you end up paying mike_c his 1 atc ?
jespern: mircea_popescu: do you stalk every new twitter follower? :)
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
mircea_popescu: the difficulties of scaling. you end up overdeveloping some depts some of the time.
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".
Duffer1: the20year maybe Benny might want it added to Ciphertrade? :P
kingofsports: mircea_popescu how much have MPEX profited so far from that large option sale to you guys? have u guys closed it yet?
Duffer1: it was probably a heartstopping amount king
Duffer1: i don't think i want to know exact numbers
kingofsports: wow so MPEX shareholders gonna make bank this month
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 [-]
ozbot: MASSIVE options order on apex.co
ThickAsThieves: "I just read their FAQ which basically says to their customer base "idiots fuck off and die". "
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
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
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [+]
kingofsports: @bugpowder u looking to sell any coins? remember when they were $100 a pop ;)
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.”
mircea_popescu: or, alternatively, why twenny something businessmen have to document their reefer purchases in writing for the benefit of ulterior prosecution
Bugpowder: oh man the short puts guy is getting reaming
kingofsports: when is MPEX going to close the options mircea?
mircea_popescu: well it's definitely not closing while the spot is below 24h ago spot
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.
Bugpowder: Never trust anyone that doesn't hang out in bitcoin-assets
chipug: have any of you used fb ads before?
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.
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/
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.
ozbot: Loquacious - web based water cooler
assbot: [MPEX] [S.MPOE] 6744 @ 0.00086954 = 5.8642 BTC [+]
mircea_popescu: chipug well, you never answered me a few days ago when i asked you how you expect it to compete with irc.
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
chipug: i feel like the fussy parts of irc are taken away with the bits people like still left in, if that makes sense
chipug: maybe somewhere in between mircea_popescu?
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
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??
pankkake: well, he associated with usagi too
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
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
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 [-]
Duffer1: TaT do you have any plans to issue anything on Ciphertrade?
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
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
mircea_popescu: stop wasting your meager resources on boneheaded stuff like facebook campaigns that will never see a roi
pankkake: she doesn't have a dick anymore, so no
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.
ozbot: Female Entrepreneur, Technology Speaker & Green IT Expert - Kate Craig-Wood
jborkl: I wonder if he sold his dick to China when they cut it off
kakobrekla: fail as male, lets try female, its easier
mircea_popescu: kakobrekla except it's only easier if you have big natural tits.
kakobrekla: put female in front of everything you do
kakobrekla: and suddenly you are cream of the crop
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.
Duffer1: "First woman to tandem skydive past Everest"
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 ?
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 ?
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
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
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
Duffer1: he's probably made more than that back
mircea_popescu: HOWEVER also resulting in him not being Max Fuckwit anymore
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
mircea_popescu: not only that's not enough pressure, but moreover diamonds are made of carbon not silica
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?
assbot: [MPEX] [S.MPOE] 6950 @ 0.0008702 = 6.0479 BTC [+]
mircea_popescu: pankkake be so kind send Duffer1 1337 ATC when you have a moment.
mircea_popescu: pankkake be so kind send BingoBoingo 1337 ATC when you have a moment.
jborkl: what is a addnode for alt
KRS-One: Where will this coin be traded? Curious to see the valuation
mircea_popescu: so far it's about on par with doge. maybe a little more.
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)
KRS-One: now i want to know when is the pump
mod6: tried to solo-mine (cpu) some about a week ago, unsuccessfully. might just have to buy some.
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.
mod6: im running it on linux...
assbot: [HAVELOCK] [AM100] 27 @ 0.00532 = 0.1436 BTC [-]
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: would you be so kind as to run my alt-books as well, pankkake?
pankkake: well you don't need to actually run the wallet
pankkake: so I can actually send to your bitcoin addresses in altcoin
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
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
jborkl: just trying to dl the blockchain for it
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
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: 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.
ozbot: livememe.com - chikun
assbot: [HAVELOCK] [B.SELL] 5 @ 0.13499792 = 0.675 BTC [+] {2}
gribble: (nethash takes no arguments) -- Shows the current estimate for total network hash rate, in Ghps.
assbot: [HAVELOCK] [PETA] 5 @ 0.04556002 = 0.2278 BTC [-] {2}
mod6: should link that on the homepage, ThickAsThieves
jborkl: I put a stratum pool on it
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.
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
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
ozbot: Russia bans Bitcoin - Finance - Business - News - iTnews.com.au
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 [-]
ozbot: alt girl on Tumblr
mircea_popescu: basically tattoos only work on white chicks of that particular complexion
pankkake: I have a hard time with colored tattoos
mircea_popescu: asciilifeform it would probably need a full body scanner tho
Bugpowder: looks like my ex with smaller tatas
mircea_popescu: asciilifeform you ever had one of those hand-held scanners ?
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
Bugpowder: re: second market exchange : i guess they need a way to start liquidating ?
ozbot: ThinkGeek :: moodINQ - Programmable Tattoo System
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
ozbot: A tattoo making robot that etches your forearm with a religion of its own choice | TechTripper
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
gribble: Nick 'BingoBoingo', with hostmask 'BingoBoingo!~BingoBoin@unaffiliated/bingoboingo', is not identified.
Duffer1: what's Altcoins vanitygen -x value?
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
assbot: [HAVELOCK] [AM1] 1 @ 0.51 BTC [-]
Duffer1: is your snsa address not a altcoin address?
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
mod6: yeah, i cringe at running pre-compiled binaries.
assbot: [MPEX] [S.BBET] 5000 @ 0.00062099 = 3.105 BTC [-]
mike_c: did i miss the l33t giveaway? i'd like to hoard some more atc at 1NUNo4rF9a5gehszwSu8W7uMGaJs4Ee2dX
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
assbot: [MPEX] [S.BBET] 4350 @ 0.000621 = 2.7014 BTC [+]
mircea_popescu: asciilifeform iirc it was just some random crapware bundled with the wallet
mircea_popescu: you keep thinking you're in this parallel universe where people like... put effort into what they do and whatnot.
ozbot: This Man Is Representing AOL on Live Television
BingoBoingo: Looks like it, gotta hedge those c0k values
assbot: [HAVELOCK] [NEOBEE] 90 @ 0.003081 = 0.2773 BTC [+]
BingoBoingo: c0k futures are even more precarious than difficulty futures
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13499999 BTC [+]
pankkake: Duffer1: the default one, don't touch it and you'll get an alc address
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: me with 1, you with 0 :)
ThickAsThieves: you know whatd be funny, i make a deal with ASICMINER to buy hashes and point them at it
mike_c: i gave it a half-hearted attempt the other day, but i don't have a good gpu for it.
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
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
mike_c: ;;calc 30000 * 0.00000151
assbot: [MPEX] [S.MPOE] 1050 @ 0.00086687 = 0.9102 BTC [-]
mike_c: ;;calc 0.0453 * [ticker --last]
jborkl: Attempting block submit
mike_c: 1NUNo4rF9a5gehszwSu8W7uMGaJs4Ee2dX
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
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
assbot: [MPEX] [S.MPOE] 3400 @ 0.00086687 = 2.9474 BTC [-]
ThickAsThieves: i'll just get some when it's listed somewhere, online wallets are the best wallets right?
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 [+]
ozbot: 4th Financial Services Executive Found Dead; "From Self-Inflicted Nail-Gun Wounds" | Zero Hedge
BingoBoingo: What's with this nailgun suicide thing. It's like people setting themselves up to fail.
mircea_popescu: course the only reporting venues are zero hedge and... max keiser.
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: "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.
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?
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.
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
mircea_popescu: "They said Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head."
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?
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.
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.
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)
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: buy 12mos of ads instead of 6 and we'll throw in an article
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
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
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}
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
ozbot: [ANN] [GOATCoin] Greatest Of All Time | SHA-256 | Rewards active users | Rare
assbot: [HAVELOCK] [B.MINE] 6 @ 0.07 = 0.42 BTC [+]
pankkake: burglars and squatters have rights basically
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}
theo__: the20year Is your IPO REAL?
pankkake: no he invests in fake estate only, on second life
theo__: apologies i meant to ask is your IPO RENT not REAL >.< been a long night
theo__: to bad you can't mine them.
theo__: thanks for clarifcation pankkake :)/
Duffer1: rode hard and put away wet comes to mind
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 [-]
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
nubbins`: mircea_popescu: twist: that alt-babe is actually pankkake
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
jborkl: i did 4 alt blocks, so i retire
ozbot: CEO commits suicide with a nail gun while his company under investigation | Mail Online
the20year: Higher end will depend on capital utilization and whether we flip a property
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
the20year: a car with a hose is always much more effective
nubbins`: cover airways with SALE stickers
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
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
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
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
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: In terms of the lease purchase option being executed?
theo__: Would you reinvest or divedened the profit?
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)
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
ozbot: imgur: the simple image sharer
nubbins`: to protect and serve ...yourself at mcd's as fast as possible
the20year: We were on BF from the june IPO through it shutting down
the20year: Price ranged from .011 (IPO price), to a high of .0365 or so
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [-]
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?
theo__: so anyone who has not moved there shares misses out.
the20year: Correct, it's my way of telling them to get it done :)
assbot: [HAVELOCK] [RENT] 50 @ 0.0055 = 0.275 BTC
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
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
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
Duffer1: accidentally shot himself in the back a few times ceo?
the20year: under my careful management we liquidated the board :D
the20year: It was odd , i was the youngest, the last, and the longest overseeing president
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?
theo__: or other work commitments persay
the20year: I got rid of all those 2 years ago
the20year: Nope, i sold off my website company that was taking most of my time in September
nubbins`: "This week Russia praised the United States for its rich history of making gay athletes feel unsafe and unwelcome"
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: 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
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
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.
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."
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__: 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: 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__: 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
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: 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
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
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.