Namworld: Spray of bullets could also work.
gribble: ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew!* *pew!* *pew!*
the20year: That would do hypersonics, but the distance to intercept is only 200-300mi
the20year: and won't work in inclement weather
mircea_popescu: tracking missiles from a satellite isn't quite as trivial as all that.
Namworld: Not trivial, but probably doable.
the20year: We already use satellites to track potential ICBM launches, but tracking RVs is quite hard
BingoBoingo: I'm telling you, top the interceptor missile with a 30 kt warhead and your margin of error is covered
mircea_popescu: this is what people usually say about driving with their feet.
the20year: Especially since a modern ICBM is gonna launch 10, 20, 30 decoy warheads
the20year: SS21 can have 20 warheads, 17 are dummies, 3 are real
the20year: At 50 missiles launched, thats 1,000 warheads coming down on your country
mircea_popescu: "Strategic missile defense might therefore very well constitute the worst investment-return ratio of any major military system in U.S. history"
the20year: What's the economic impact of a 1mt warhead detonating 10000ft in the air over manhattan?
Namworld: 1 million bullet is cheap. Rain it. It's efficient at destroying incoming explosives.
BingoBoingo: mircea_popescu: At the current rate it looks like the F-35 takes the cake. Does nothing well as an airplane, because the Marine corps insists they need a fighter jet that works like a helicopter
the20year: Especially when the F22 can do the same crap it does, with 10 year older technology for a unit cost that's 30% lower
mircea_popescu: at least they're not asking for an airplane that works like a submarine
the20year: OR we could have brought the F23 into production, and done the same thing
the20year: Military procurement is by far the most corrupt system in the government
the20year: I talk to so many contractors that go into vivid detail of the corruption
BingoBoingo: the20year: The problem with the F-22 as a universal fighter jet is it is too big for an aircraft carrier. (Apparently noone considered making the smaller version)
mircea_popescu: anyway : who was ranting about how china isn't a threat ?
mircea_popescu: (cause obviously, the hypersonic missiles in discussion are chinese tech)
the20year: There supposedly is a YF23 version that was carrier capable, at a unit cost still well under the F35
ozbot: Phalanx (CIWS) Block 1B LPWS Testing and Firing - YouTube
Namworld: With visual instead of radar. Bullet spray. Very efficient considering the cost of bullets. Most expensive is probably the tracking systems.
the20year: and on a boat that is moving on waves....a bit more difficult
mircea_popescu: Namworld i don't think you fully grok the mechanics involkved.
the20year: Remember during the faulklands, the UK ships had those and were able to intercept a total of 0 missiles
mircea_popescu: the missile is going about 10x as fast as your bullets.
mircea_popescu: basically a steel mesh would be better than a bullet in this configuration.
the20year: Mesh type missiles, that explode a large metal mesh
Namworld: It doesn't matter if you can shoot a volley where the incoming target will be.
mircea_popescu: asciilifeform they keep knocking it, but ultra tensile meshes are better than all the crap they've built so far
Namworld: Why wouldn't you if you can visually track the incoming projectile?
mircea_popescu: the 20 frames of a second cover a distance of about 3 miles say.
KRS-One: hypersonic is faster than radar too
mircea_popescu: depends on wavelength, but it IS probl;ematic for radar too yes
KRS-One: depending on angle i guess
Namworld: Yes, even at 3 miles per second. Is that such a problem with almost instant reaction? Enough to reach incoming target before it's close enough. It might be a bit too close for comfort I guess.
mircea_popescu: most people who get punched out claim they never saw the fist.
BingoBoingo: I was acquainted with someone who worked on an unclassifed project about as useful as missile defense. Essentialy the device was a hair drier large enough to accomodate a 747, because anthrax
Namworld: I never said a human would need to react to it.
theo__: Or better yet a satellite system that has lasers built in to act as a defense over the earth creating a overlaying network of defense?
mircea_popescu: Namworld the human eye is much better than tech ersatzes.
mircea_popescu: asciilifeform the salmon strategy, by its scientific name.
Namworld: The human eye can't see far and human reaction is far slower than tech ersatzes...
BingoBoingo: Well, nuclear weapons require less unobtanium than death rays
mircea_popescu: Namworld so you think, but once you factor in the various factors it's actually no longer the case.
KRS-One: rocket isnt cheaper than sharks with laser rays
mircea_popescu: KRS-One seeing how more people own a dozen rockets than a dozen laser sharks...
Namworld: Well we have defense system that are far more accurate and quicker to react than humans already...
mod6: ATC: 1G34X8K9LYsZMn4dQ4e7HFe5V127zV6Ln6
BingoBoingo: KRS-One: The shark is too valuable on the plate and in the soup bowl to give it a laser
mod6: wow, diff is up to: "difficulty" : 62719.43923596,
mircea_popescu: asciilifeform the best part of all this, of course, is that point defense is becoming an exercise in stupidity anyway
KRS-One: ok fine i just happen to have a dream of owning my own shark tank with laser rays for my enemies ok?
assbot: [MPEX] [S.MPOE] 12250 @ 0.00086422 = 10.5867 BTC [-]
BingoBoingo: KRS-One: If you have farm raised sharks with certifiably low mercury levels, I am pretty sure there are worth much more as food than guards
chipug: if it's not specified the state of the shark, you can get plastic ones for $12.99
ozbot: ThinkGeek :: Shark With Frickin' Laser Pointer
assbot: [HAVELOCK] [NEOBEE] 35 @ 0.00308199 = 0.1079 BTC [+] {2}
mircea_popescu: girl that's never been in a pool hall before... props her nose on the cue.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [-]
assbot: [HAVELOCK] [SFI] 550 @ 0.0008 = 0.44 BTC [+]
assbot: [HAVELOCK] [RENT] 50 @ 0.0055 = 0.275 BTC
assbot: [HAVELOCK] [AM100] 49 @ 0.00510164 = 0.25 BTC [+] {4}
KRS-One: Love how everyone looks like its perfectly normal to have a barenaked lady standing there in the pool hall.
BingoBoingo: KRS-One: What's abnormal about it? Ever been to a pool hall?
KRS-One: BingoBoingo: of course I have foo
KRS-One: Turn down the troll a bit.
KRS-One: BingoBoingo: The thing is you can go to a disco but are you really safe? Any number of those fancy lights and beams could be a death ray.
assbot: [HAVELOCK] [AM1] 1 @ 0.52 BTC [+]
KRS-One: Kinda makes you think, doesn't it?
BingoBoingo: KRS-One: Might be an interesting episode of Law and Order. Catching the criminal who switches dance lasers with death lasers.
BingoBoingo: Usually she'd be 20 years older and... the things that go with that
KRS-One: My friend josh bought a laser you can actually see in the air..fucker hurts.
KRS-One: he said there are way more powerful onees.
KRS-One: you can cause some major mischief with one..only limited by your imagination really.
assbot: [HAVELOCK] [CBTC] 1490 @ 0.00013418 = 0.1999 BTC [+]
mircea_popescu: but i tell you! it's great to have a token worthless internet funbux currency to throw around
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [+]
Bugpowder: I bought 20M doge at 35 and sold at 44.
mod6: bid: .15 BTC for 100000 ATC
Bugpowder: atc is a mythical alt currency inside joke?
mod6: oh? thought 1.0 ATC ~ 0.00000150 BTC
Bugpowder: I hear ATC is now pegged to the DOGEer.
mod6: yeah, so figure for 100k ATC... be about .15 btc total?
BingoBoingo: I'd like to find someone with 30k alt to sell me at 150 satoshi
mircea_popescu: i think in a day or two alt blockchain will have done more hashng than all of doge in its entire history.
Dimsler: i didn't know this was a trading floor for garbage?
Dimsler: it is a trading floor for garbage
pankkake: not the same proof of work, does not compare
BingoBoingo: Dimsler: Garbage, unlike doges have a use though
mircea_popescu: a gallon is a gallon if you carry it in the truck or on the back.
assbot: [HAVELOCK] [AM1] 1 @ 0.51999996 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 50 @ 0.00308199 = 0.1541 BTC [+]
ThickAsThieves: bugpowder it's not a joke it's an experiment in irony, tribes, and feedback loops
ThickAsThieves: i just realized i havent even started quoted seth goden yet
Bugpowder: Well, I think there is a real market opportunity for localaltcoins.com.
ThickAsThieves: “Instead of wondering when your next vacation is, maybe you should set up a life you don't need to escape from.”
gribble: #19517 Fri Feb 7 20:10:59 2014 mod6 BUY 100000.0 ATC @ 1.5e-06 BTC (Want to buy 100,000 ATC for a total of 0.15 BTC, must have WoT rating. PM me.)
ThickAsThieves: “If you can’t state your position in eight words, you don’t have a position. ”
mircea_popescu: i always thought the farts southpark episode was about him, but they didn't want to name him figuring (corrctly) that he's obscure enough he'd gain from the exposure
Bugpowder: No you only trade your ATC for BTC locally. It's not money laundering, its ATC laundering. Very different.
ThickAsThieves: anyone that is trying to teach marketers something, is teaching them how to be a consumer
mod6: ;;later tell nanotube i want to buy 500 btc from you at 0.25, as per your outstanding offer. << this comment from the OTC wiki lol
mod6: whoops, should have removed that ';;
pankkake: Breaking news: Altcoin not banned in Russia
ozbot: Hitler's Maxcoin Rant - YouTube
assbot: [MPEX] [S.MPOE] 9150 @ 0.00086405 = 7.9061 BTC [-]
ozbot: MAXCOIN FAIL. Show Max Keiser your thoughts right here.
mircea_popescu: ;;later see thickasthieves, you may be 12 and have no idea what you're doing, but at least you don't fail quite as bad as max keiser :D
gribble: Error: The "Later" plugin is loaded, but there is no command named "see" in it. Try "list Later" to see the commands in the "Later" plugin.
mircea_popescu: ;;later tell thickasthieves see, you may be 12 and have no idea what you're doing, but at least you don't fail quite as bad as max keiser :D
assbot: [MPEX] [S.MPOE] 18279 @ 0.00086655 = 15.8397 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 1 @ 0.127 BTC [+]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.07 = 0.14 BTC [+]
theo__: mmmmm quiet time while bitcoin jumps around
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.19376446 = 0.7751 BTC [+]
b0n1: hey guys! when is the btc conference of this channel?
jurov: <the20year> for some reason all the guys at havelock hate text commuication and always call << I can confirm
jurov: <the20year> There was one guy i talked to who was alright, lots of miscommunication << This too.
jurov: ;;google trilema conference second edition
jurov: ^ b0n1 the first one
theo__: jurov: in your experience with this being the case would you invest into first there IPO's and 2ndly would you trust them with your BTC
the20year2: And yet havelock is much more organized then BF was
the20year2: they have alot of good stuff going for them
jurov: i don't have enough btc to divest in such way, after all
theo__: What happened to BF? did they just up and run? or get hacked or something?
jurov: so i hevn't not look closer into rentalstarter
jurov: theo__: they "talked to lawyer"
theo__: jurov: i meant in regards to havelock not Rentalstarter
theo__: So they closed because they didn't think they had the legal grounds to stand on?
jurov: maybe. ukyo isn't disclosing anything concrete
Duffer1: i believe btc-tc and bitfunder were likely shutdown by some manner of US federal gov intervention
Duffer1: neither will talk about it
jurov: and what' worse, ukyo hasn't paid out 92% of btc, again due to undisclosed problems
Duffer1: at best, fractional reserve loss at worst
b0n1: jurov what do you mean?
ozbot: The conference, second edition pe Trilema - Un blog de Mircea Popescu.
b0n1: I honestly want to meet you guys, but wtf so high price?
assbot: [HAVELOCK] [CBTC] 1483 @ 0.00013418 = 0.199 BTC [+]
b0n1: I am one of the early adopters as you all are, but 10 btc for a meeting?
jurov: b0n1: afaik you can come as non-vip, you'll pay everything yourself
jurov: and it isn't 10btc, but $1000 anyway (converted by current rate)
assbot: [HAVELOCK] [RENT] 22 @ 0.0055 = 0.121 BTC
jurov: oh and since it's buried in comments, especially if you book intercontinental flights,
b0n1: I really dont know why the price... this just smells bad
jurov: look into Budapest destination
jurov: instead of Timisoara
b0n1: give me a good reason for the price?
b0n1: why such a high price?
Duffer1: price is $1k, like 1.2 btc not 10, includes shuttle service, rooms at 4star hotel w/ breakfast, free drinks everywhere
b0n1: what is this? 10 girls doing a lapdance for everybody taking part?
assbot: [HAVELOCK] [DEALCO] 40 @ 0.00448164 = 0.1793 BTC [+] {4}
Duffer1: oh 1740$ since it's 2014 already >.<
chipug: you would end up paying more, breaking it all down and paying yourself
chipug: weren't they all clubbing in for the germany party too?
b0n1: I know that meeting people is important... and I also know that meeting important people is more important... but what the fuck should I think about a 10btc meeting? Honestly, I dont understand it...
jurov: just register as non-vip, the hotel rooms and meals are not very expensive
jurov: i'm trying to exaplin it's in usd, too, but b0ni is already freaed out
jurov: ^ yes, paid in btc by current market rate
chipug: b0n1: it's not like that's the price of doing it yourself. that's the price of a nice package with it
mod6: b0n1: its 10 BTC to get on the VIP list. you should read the article again.
jurov: and there are hostels in timisoara. i was in one after missing my train, was nice, can't complain
b0n1: If I read the article there are 2 options:
mod6: oh, maybe Im wrong actually. i read it like a year ago.
jurov: I paid only 5 because the rate went up
jurov: you're causing unnecessary outrage :D
b0n1: I really cant believe davout paid 10 btc to go there...
theo__: so what? 2 years ago that was like $0.10
assbot: [MPEX] [S.MPOE] 17421 @ 0.00086848 = 15.1298 BTC [+]
mircea_popescu: <Duffer1> i believe btc-tc and bitfunder were likely shutdown by some manner of US federal gov intervention << people believed the same of glbse.
mircea_popescu: <b0n1> I am one of the early adopters as you all are, but 10 btc for a meeting? << what have you done ?
mircea_popescu: Duffer1 yes, you are wrong. for instance when the govt closed down the sr, you knew this because... they said so.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.127 BTC [+]
Duffer1: if not govt intervention why would btc-tc shutdown?
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
Duffer1: well sure, but that doesn't adequately explain why they'd shutdown at their most profitable
mircea_popescu: i can't begin to guess. what do you mean it doesn't adequately explain ? idiocy is adequate explanation for ANY behaviour
Duffer1: that's a degree of idiocy i'm not willing to assign burnside lol
mircea_popescu: which is the entire thing that powers conspiracism. easier to believe glbse was shut down by aliens than the gaping psychologic chasm of an alternative
Duffer1: my lemonade stand is making more money than ever, i think i'll shut it down
mircea_popescu: how do you know how much money it was making in the first place ?
assbot: [MPEX] [S.MPOE] 37612 @ 0.00086356 = 32.4802 BTC [-] {6}
Duffer1: actm/labcoin trading was a huge increase in trade volume, i'm assuming that would translate into increase revenues, but there is the idiocy factor
mircea_popescu: Duffer1 labcoin was a scam, in which burnside participated, by faking volumes.
Duffer1: i've heard that accusation, i haven't seen support for it
Duffer1: i wasn't around for the labcoin ipo
mircea_popescu: so closing down the "profitable" thing in the middle of its profit is unexplainable, and the govt did it ?
Duffer1: i don't know what happened there
chipug: mircea_popescu: how many you having at your conference?
b0n1: mircea_popescu do I have to tell you?
Duffer1: just a hypothesis that could explain both btc-tc and bitfunder closures
Duffer1: idiocy and coincidence are certainly options as well
mircea_popescu: b0n1 you don't have to anything. you've made a claim as to having been an old timer. if you want that taken seriously you'll have to offer some corroboration.
chipug: a gathering as opposed to a party then lol exciting all the same
chipug: are they still doing the 1k party? or has that passed even
mircea_popescu: chipug teh list is more or less on the bottom of the post there. but yah, i dun believe in these conference things like they do.
chipug: a lot of people still like to nod 'n' hand shake in person mircea_popescu
mircea_popescu: Duffer1 wait, bitfunder was closed by the government too ?
mircea_popescu: dude god forbid the government goes away, what will we do without it ;/
Duffer1: lol i never said that, i said i believe it likely
Duffer1: or more likely than idiocy + coincidence
mircea_popescu: oh motherfucker, government just elbowed my glass of milk over
ThickAsThieves: i was gonna get high but then i had to close down because of the government
b0n1: mircea_popescu I dont want to talk about it in public... I think you should at least have a small piece of understanding of this being part of the early community
mircea_popescu: i have exactly no understanding for it, being not only part of the early community but quite open about things.
mircea_popescu: how to get laid without getting wet ? what is this! are we 12 ?
mircea_popescu: anyway, if you don't even want to talk publicly about what you've done what on earth could possibly posses you to show up to some event.
mircea_popescu: makes about as much sense as the goverment on a good day.
gribble: MtGox BTCUSD ticker | Best bid: 668.87391, Best ask: 668.99999, Bid-ask spread: 0.12608, Last trade: 668.87391, 24 hour volume: 45818.91827598, 24 hour low: 651.70976, 24 hour high: 794.24938, 24 hour vwap: 716.45456
ozbot: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
b0n1: mircea_popescu I think the motivation to show up for this event should be enough to show up for this event... Who in hell would like to show up there without knowing who is there and what is going on there...
assbot: [HAVELOCK] [RENT] 130 @ 0.0055 = 0.715 BTC
chipug: theres max coin and then that parody me coin popped up yesterday on twitter
ozbot: The Scheisse Report (MaxScheisse) on Twitter
mircea_popescu: btw, am i the only one thinking death of a salesman is an atrociously stupid play ?
diametric: i think for this evening, i'll join the mtgox channels and microwave some popcorn
assbot: [HAVELOCK] [DEALCO] 24 @ 0.0045 = 0.108 BTC [+]
chipug: i haven't seen it, so looked it up... seems many share your view mircea_popescu first word that lept out was "sketchy" lol
mircea_popescu: the entire thing pivots around some fucktarded kid (athlete drop-out) seeing his dad fucking some girl on the side and "having his life ruined" by this.
assbot: [HAVELOCK] [RENT] 47 @ 0.0055 = 0.2585 BTC
chipug: life ruining... kind of insulting to those that go through actual trauma
mircea_popescu: then the guy commits suicide so his offspring can benefit from insurance fraud.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12829 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
ozbot: House Speaker John Boehner: No immigration reform until Obama rebuilds trust | The Raw Story
mircea_popescu: congress sez us pres can't be trusted to enforce laws.
the20year2: Sort of , they were talking about it on the radio quite a bit
the20year2: Congress passed obamacare , now they want to change it at will withotu any modifications to the law
the20year2: And effectively, they have done that with the mandate delays, implementation delays, ect
chetty: Latest stupid idea, you can keep those 'illegal' canceled policies for 3 years ...
assbot: [MPEX] [S.MPOE] 14833 @ 0.00086814 = 12.8771 BTC [+]
duduqa: ;msg nickserv identify manolaum
gribble: MtGox BTCUSD ticker | Best bid: 674.20001, Best ask: 683.995, Bid-ask spread: 9.79499, Last trade: 674.2, 24 hour volume: 45913.37007353, 24 hour low: 651.70976, 24 hour high: 794.24938, 24 hour vwap: 712.61117
gribble: Coinbase BTCUSD ticker | Best bid: 699.0, Best ask: 714.91, Bid-ask spread: 15.91000, Last trade: 706.23, 24 hour volume: None, 24 hour low: None, 24 hour high: None, 24 hour vwap: None
BingoBoingo: Oh, gox has fallen to having an anti-premium
mircea_popescu: come to think about it... the bitcoin exchanges are really sad.
mircea_popescu: mtgox ? coinbase ? the bitstamp thing ? the trollbox with an exchange pasted on top ?
mircea_popescu: i had great hopes for that kraken thing but good lord...
BingoBoingo: Well, Second Market had to look for OTC sellers for a reason...
assbot: [HAVELOCK] [RENT] 400 @ 0.0055 = 2.2 BTC
mircea_popescu: well, plus all the womenz, 24 people. plenty n'est pas ?
mircea_popescu: asciilifeform nah, there were like a coupla dozen ppl last time
mircea_popescu: the soda malfunction thing could be in a great blond movie
mircea_popescu: i tell you i can see a film in the style of chaplin's satire of nazi germany, but done with the means of 1970s made for tv french comedies.
chipug: did you hear about the poor wee 5 y/o who died after drinking soda?
ozbot: Der Furher's Face - YouTube
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0705 = 0.282 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.12829 = 0.6415 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.19376446 = 0.9688 BTC [+]
chipug: excuse the sky news link
mircea_popescu: those people look awful. it'd suck if your parents had those mugs ;/
mod6: wow. good ole tennessee
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
assbot: [HAVELOCK] [RENT] 1000 @ 0.0055 = 5.5 BTC
ozbot: Short Stories: The Leather Funnel by Arthur Conan Doyle
mircea_popescu: i just thought this is bs, grape juice doesn't give you water intoxication.
assbot: [HAVELOCK] [RENT] 909 @ 0.0055 = 4.9995 BTC
chipug: i'm thinking ^ that. 2litre bottle.fucks sake man.poor wee crater
chipug: it's a real shame that just any one can have children
assbot: [HAVELOCK] [B.EXCH] 9 @ 0.19376446 = 1.7439 BTC [+]
mod6: maybe some prison guards will pour 2+ litres of jizz down ole Randall's throat, see how he handles it.
assbot: [HAVELOCK] [B.MINE] 17 @ 0.06823528 = 1.16 BTC [-] {4}
assbot: [HAVELOCK] [B.SELL] 9 @ 0.12743 = 1.1469 BTC [-] {2}
chipug: do wine funnels have any effect on the the taste?
mod6: The winner in the article.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.127 = 0.381 BTC [-]
theo__: RENT is really going off within 10 hours more then 8000 shares have already been sold
chipug: i can only see them used with reds
chipug: when did they world fall out of love with ornate things
chipug: can i go back to before but keep the tech?
chipug: think women have changed their minds about working
chipug: this is true, there's too much of an easy other option for them, here anyways
mircea_popescu: chipug not about working per se. but it's like, for 1500 years you're NOT ALLOWED to do X.
mircea_popescu: then whatever, go do it. you discover it's not quite what you imagined it to be
BingoBoingo: My balance is now, 31,337 I have no reason to acquire more Altcoins or part with any I have
chipug: why the extra 30k BingoBoingo
BingoBoingo: chipug: I'm the guy in the forum thread who bought 30K
BingoBoingo: Altcoin is flying up, straight into the sun!
BingoBoingo: mircea_popescu: I had to separate myself from people who only had 1337. Now with 31337 I have more of something too cool to sell?
chipug: i'd be as well using a calculator than this laptop mircea_popescu lol
mircea_popescu: i imagine there's thousands chipugs out there going eeeeehnnnn!
BingoBoingo: chipug: Scotland still has coal somewhere right?
BingoBoingo: asciilifeform: Last I checked nethash on alt roughly on par with December 2012 Bitcoin
ThickAsThieves: In Buddhism, alms or almsgiving is the respect given by a lay Buddhist to a Buddhist monk, nun, spiritually-developed person or other sentient being. It is not charity as presumed by Western interpreters. It is closer to a symbolic connection to the spiritual realm and to show humbleness and respect in the presence of the secular society.
punkman1: ThickAsThieves: should call your satoshis "litecoins"
chipug: ThickAsThieves: i prefer this to the other name.. i think it's nicer when there's a meaning behind names for things.
chipug: was it alters or something
BingoBoingo: Maybe I should go to Sochi and mine stray Doges
chipug: i think this one is more fitting?
chipug: are there less people turned up to sochi than normally do for the olympics?
assbot: [HAVELOCK] [RENT] 80 @ 0.0055 = 0.44 BTC
the20year2: we've raised enough money today to hold a pretty serious party, like a big bag of blow
BingoBoingo: I wonder what sort of transport I'd need to move 31337 doges mined in Sochi?
BingoBoingo: asciilifeform: That might be the most efficient option.
assbot: [HAVELOCK] [SFI] 200 @ 0.0008 = 0.16 BTC [+]
BingoBoingo: asciilifeform: They probably pay better than people trading on Cryptsy do
chipug: that's the japanese chin
chipug: chin is japanese for cat-like
chipug: i really would like one
punkman1: would reddit love anything other than the worst dog?
Plaxant: punkman1 my parents have a shibu mix, it's a pretty cool dog.
chetty: an octopus would make a cool pet
mircea_popescu: soo say hi to hplshuehue, who is a specialist endocrynologist from bahia, brazil.
punkman1: kinda hard to get it right on the grill though
chetty: and if you get hungry ....
ozbot: Giant Octopus Eats Sharks at Aquarium - YouTube
hplshuehue: Thank you, Mr. Mircea Popescu, and thanks everyone for helping the growth/spread/development of bitcoin
punkman1: hplshuehue: you posted your nickserv password earlier, just in case you didn't notice
hplshuehue: I gave up a more enthusiastic participation in the brazilian bitcoin community
hplshuehue: sadly because of fear of Leviatan´s heavy hand
chipug: hplshuehue: you should change your password just so no one else can use it either
chipug: oh i didn't mean him to go!
chipug: lol sorry! i think he will be back!
chipug: let's hope your glands can hold out a bit mircea_popescu :P
chetty: I wanna hear whats up (down) in Brazil
Perlboy: hi mircea_popescu, has someone come in here and asked about the assbot big put contract flows a day or two ago?
Perlboy: if so, was it explained what it meant? Some peeps in another channel are confused and just trying to determine if i should go back track through my logs rather than repeat the same thing over and over again
Perlboy: 'rather than make you repeat' <-- Which I suspect you wouldn't. :)
punkman1: Perlboy, someone bet big on BTC price going up by the end of February
punkman1: they are not in the money at the moment
duduqa: well, I´m the same hlpshuehue
duduqa: different notebook and tired...
Perlboy: BingoBoingo, punkman1 is this based on the Bitcointalk thread or actual confirmation from mircea_popescu?
punkman1: duduqa: no big deal, just keep your GPG keys private
Perlboy: cause there's conjecture as to whether the bitcointalk thread actually understands correctly
punkman1: Perlboy: might be a good exercise to do the math yourself
Perlboy: punkman1, well, see we have been and multiple people came to different conclusions. :)
ozbot: BitBet - And Then There Was One
BingoBoingo: Different wee wees come in different sizes and abilities
Namworld: The puts were sold into MPEx bids. Although the strikes were 4100-5000 USD per BTC, the price those PUTs were sold meant it was only at a small loss at time of sale. So if prices went up, profits, if price went down, losses.
Namworld: No bet about price going over 5000
Namworld: If price had went up, even if it didn't go to over 5000, the price the PUTs were sold would have been more than their execution value, so the seller would be in the money.
duduqa: gotta have some sleep, guys, have a nice weekend!
assbot: [HAVELOCK] [HMF] 5 @ 0.02829979 = 0.1415 BTC [-] {2}
punkman1: been nursing this bottle of wine tonight, makes me want to write
punkman1: but now I'm thinking about painting
chipug: so many headlines re fancy opening for sochi and very few about the hijacker that tried to get a plane to fly into it
punkman1: "He threatened to set off a bomb with a cellphone if his demands were not met, but the crew fooled him — and the other passengers — into thinking the plane had landed in Sochi when it was actually in Istanbu"
assbot: [HAVELOCK] [AM100] 20 @ 0.00527863 = 0.1056 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 23864 @ 0.00086257 = 20.5844 BTC [-] {3}
assbot: [HAVELOCK] [SFI] 200 @ 0.000795 = 0.159 BTC [-]
assbot: [MPEX] [S.MPOE] 32350 @ 0.00086059 = 27.8401 BTC [-] {5}
assbot: [HAVELOCK] [SFI] 362 @ 0.00079 = 0.286 BTC [-]
assbot: [HAVELOCK] [HMF] 10 @ 0.02757051 = 0.2757 BTC [-] {4}
assbot: [HAVELOCK] [CBTC] 3328 @ 0.00013285 = 0.4421 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 20 @ 0.07341384 = 1.4683 BTC [+] {6}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
assbot: [HAVELOCK] [B.SELL] 8 @ 0.13437496 = 1.075 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 138 @ 0.003082 = 0.4253 BTC [-]
assbot: [HAVELOCK] [SFI] 1000 @ 0.0008 = 0.8 BTC [+]
assbot: [HAVELOCK] [RENT] 110 @ 0.0055 = 0.605 BTC
assbot: [HAVELOCK] [RENT] 142 @ 0.0055 = 0.781 BTC
assbot: [HAVELOCK] [AM1] 2 @ 0.52 = 1.04 BTC [+] {2}
assbot: [HAVELOCK] [SFI] 169 @ 0.00078253 = 0.1322 BTC [-] {3}
benkay`: what's the grand total of rentalstarter sold?
assbot: [HAVELOCK] [NEOBEE] 66 @ 0.00300517 = 0.1983 BTC [-] {3}
assbot: [HAVELOCK] [CBTC] 3000 @ 0.00013273 = 0.3982 BTC [-] {4}
assbot: [HAVELOCK] [RENT] 91 @ 0.0055 = 0.5005 BTC
assbot: [HAVELOCK] [AM1] 2 @ 0.53 = 1.06 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
benkay`: hi kakobrekla. power and water ok?
KRS-One: da fuq..that one bitch is only half boobin it..
ozbot: Should i panic sell ?
assbot: [HAVELOCK] [DEALCO] 188 @ 0.00468475 = 0.8807 BTC [+] {5}
benkay`: how'd you manage to get online?
benkay`: as in someone drops it at your residence
assbot: [MPEX] [S.MPOE] 4328 @ 0.00086019 = 3.7229 BTC [-]
assbot: [MPEX] [S.MPOE] 12297 @ 0.00085962 = 10.5707 BTC [-]
assbot: [HAVELOCK] [PETA] 3 @ 0.04897963 = 0.1469 BTC [+] {3}
ozbot: Guest Post: Running Away From Reality | Zero Hedge
ozbot: Midnights Ravers - Le Triomphe du chaos - YouTube
Vexual: did you buy the godlike generator?
assbot: [MPEX] [S.MPOE] 10326 @ 0.00085962 = 8.8764 BTC [-] {2}
ozbot: Bob Marley - Midnight ravers - YouTube
assbot: [MPEX] [S.MPOE] 22274 @ 0.00085837 = 19.1193 BTC [-] {3}
Vexual: meowfung makes a mighty fine yanmar approximation
benkay`: ;;later tell mircea_popescu now for a tcp test harness. on one hand, 'yak shaving'. on the other hand, things worth doing are worth doing well.
Vexual: i say it with a j out of respect for expert groups
benkay`: i say it whichever way will least derail local conversation.
Vexual: i never say it out loud
benkay`: it's SO MUCH FUN to be technically correct in a room full of hipsters, and similarly great fun to say it the way the rest of the world does in a room of nerds.
benkay`: hey herbijudlestoids you're some sort of quant, correct?
assbot: [MPEX] [S.MPOE] 11300 @ 0.00086136 = 9.7334 BTC [+] {4}
benkay`: well you've stuck around for more than three days and might be worth getting to know ;)
herbijudlestoids: full disclosure benkay, like i said to kako the other day, i got a regular day job in a small company doing large scale openstack ops and iv been trading (mostly EOD) since 2008
herbijudlestoids: i split my time pretty much equally between them, 9-5ish at the company and 6-~bedtime researching, reading news, etc and then i will place trades on NY close
benkay`: what's a small company doing hosting big virtualized operations?
benkay: virtualization as a service?
benkay: SHOW ME YOUR PRICE SHEEEEET
herbijudlestoids: we dont provide a public cloud benkay, we build the public cloud for companies that want it ;)
herbijudlestoids: this is the smallest company iv ever worked for, usually i work for large research organisations and unis building this kind of stuff
benkay: are you some sort of vine-swinging operations wizard or something?
benkay: i'll grill you about your biz all night, friend. i just hit a wall on this thing and ran out of brain at the exact same time.
herbijudlestoids: well, apparently...basically i was just a regular sysadmin who knew puppet, and one large org needed a guy who knew puppet...i ended up deploying the pilot and first production phase
benkay: i'm not precisely hiding from anyone, you see.
herbijudlestoids: we got offices in aus and india and starting one in sth america very very soon
benkay: best of luck, i'm sure you'll all do well for yourselves.
benkay: i'm mostly curious about how other web-tech consulting operations break out pricing
herbijudlestoids: that is the plan, weve had a few buyout offers already but have to keep pushing them back as we grow
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
herbijudlestoids: i just developed a piece of software in december and we are going to demo it to ...a very large linux org next week, they are creaming their pants whenever our CEO mentions it
herbijudlestoids: and last night i actually noticed there were miners for sale that were ROI more BTC than they were worth
benkay: well i'm intrigued to hear what you have to say but i suspect the long and the short of it is going to be 'unless you get the hardware or juice at a discount the breakeven is never'
herbijudlestoids: well i was just curious about your guys opinions, since its the first time iv ever seen a mining rig for sale that was able to ROI since...since GPUs were the thing
benkay: probably worn in harder than a bike that's been to burning man 5 times with 3 different owners
herbijudlestoids: specifically, last night i saw on ebay, a prospero x-1 100GH/s for 650AUD when the BTC/AUD price was 780...
herbijudlestoids: now obviously small fry 100GH/s is nothing but i thought it was interesting
benkay: i suspect it's a dead box hashing.
benkay: now there's a thought - downcycle worn-in BTC asics on the altchains...
herbijudlestoids: ah, as in difficulty rising faster than expected will mean it cant ROI? i guess so, the calculation i used assumed 50% increase/month in difficulty
benkay: implying that the man in question simply doesn't know that he's dead yet.
benkay: no, implying it's on its last legs.
benkay: never run out-of-spec?
punkman1: "Need a C++ coder to join "CryptoCoin Developers Inc.' agency for creating new bitcoin related start up's"
benkay: well a) it's a pre-order
benkay: Delivery Date -- This is a PRE-ORDER, now on Batch 2 Round 1, all further orders are available for dispatch Late April 2014.
herbijudlestoids: there is a bit down the bottom where the guy says something about having 10 of them
assbot: [HAVELOCK] [CBTC] 1376 @ 0.00013418 = 0.1846 BTC [+] {2}
benkay: talk to kakobrekla he's had some luck mining and acquiring mining hardware
herbijudlestoids: hmm nah i guess that explains it, iv never seen mining hardware good for ROI before and i guess this isnt either
benkay: macy's fucked up their cerrrrt
Vexual: who are you the fucking nanny?
Vexual: that just came out, im sorry
benkay: I am fucking the nanny!
benkay: baby doll doesn't even care terribly, and boy does she put out when she gets jealous
Vexual: yeah well bankays still not going near my kids
benkay: dude you do not have children
benkay: and we've all seen how you play chess
ozbot: ICE/ISEE-3 to return to an Earth no longer capable of speaking to it | The Planetary Society
benkay: my partner recently went out for lunch with the gentleman who came up with Forth. he apparently cut his teeth hacking into satellites, implementing Forth with their op codes and then deploying better-than-launched-with flight control software.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.135 BTC [+]
Vexual: that shit is from way before you were getting newsgroups on a 1.44 or hooking your moms phone up to a 300 baud
benkay: thank you, captain obvious.
assbot: [HAVELOCK] [RENT] 10000 @ 0.0055 = 55 BTC
jayk: there was that strange sat transmission broadcasted over america...
jayk: it ran for 30-45 seconds i think
assbot: [HAVELOCK] [SFI] 9312 @ 0.0008447 = 7.8658 BTC [+] {23}
Vexual: yeah well ive been hit by lighning twice putting up anttenas
assbot: [HAVELOCK] [SFI] 688 @ 0.00087007 = 0.5986 BTC [+] {2}
benkay: ;;later tell asciilifeform
http://www.greenarraychips.com/ the greenarray chips begin to approach your dream of computation fabric. they're obviously lacking in some important area, but i'll have to ask you about that later.
jayk: On November 22, 1987, an unidentified man wearing a Max Headroom mask intercepted the signals of two television stations in Chicago.
benkay: how does this indicate imr to be unsafe?
jayk: i gues thats what i was thinking of
Vexual: that wasnt sat, that was 2 square miles of new jersy
jayk: i thought it was sat
herbijudlestoids: benkay: that vol spike would be very hard to handle as a trade
benkay: need more context. what is the index axis?
herbijudlestoids: its the 20 tick standard deviation of 20 tick log normal returns
assbot: [HAVELOCK] [B.MINE] 7 @ 0.07379869 = 0.5166 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.04897966 = 0.1469 BTC [+]
benkay: i have no idea what twenty-tick standard deviation of twenty tick log normal returns means
benkay: would you be so kind as to explain a little?
Vexual: yeah dumb it down for me too
herbijudlestoids: benkay: so the 20 tick log normal return is ln(CurrentTickPrice/TwentyTicksAgoPrice)
benkay: why not time-normalize?
herbijudlestoids: and then i take the rolling standard deviation of that value over the last 20 ticks
Vexual: i dont belive in stats
benkay: okay, so how do we get from that graph to "that vol spike would be very hard to handle as a trade"?
herbijudlestoids: "why not time normalised" because MPEX doesn't really seem to operate like a regular exchange in terms of time and also there is not really enough trades happening in any given hour/4h/day block to make a realistic OHLC bargraph
herbijudlestoids: benkay: intraday mean reversion is basically betting against whatever just happened. if the price went down, you bet its about to go up.
benkay: although i have no idea what an OHLC bargraph is
Vexual: what of 24 hour trading genius?
herbijudlestoids: like the charts you can see on mpex.co already, i just dont think theyre portraying useful info
herbijudlestoids: Vexual: what of it? New York close/New Zealand open is the 24h close
benkay: that'd be you, right Vex?
Vexual: yeah im where daytraders make their money
ozbot: Calvin Harris - Acceptable in the 80's (With Lyrics) - YouTube
benkay: so the spike at 400 is a crazy swing in price 400 ticks ago?
herbijudlestoids: benkay: basically betting against whatever just happened is usually profitably when volatility is high and declining...if its low and increasing youre likely in trouble
herbijudlestoids: benkay: almost, the spike at 400 is a crazy swing in price at the 400th tick in the timeseries
benkay: just a month ago, bottomed out at like .69 iirc
benkay: 0.00063 according to my books
herbijudlestoids: im very rarely a daytrader. i trade almost entirely EOD and dont like to keep turnover as low as possible for tax considerations
benkay: ha 0.00062792 would be where i caught that knife
benkay: well trade btc assets! tax free for 2003!
benkay: this will impact some trading strategies for sure.
benkay: you'll get btc out, right?
herbijudlestoids: if i take sell BTC to buy AUD i need to explain that to the tax office
benkay: and you *can* sell those btc for cash in hand, right?
benkay: only if it hits your bank, right?
Vexual: im your tax man for bc herbi
herbijudlestoids: lets say i invest $100,000 into trading BTC assets like MPOE, and i make 10% in a year, am i supposed do $10k cash in hand?
benkay: well yes, one must always sacrifice convenience on the altar of security. be it security from rogue computers or security from rogue regimes...
Vexual: you pay when you buy aud
benkay: what, does 10k CIH make you uncomfortable?
benkay: do you not have the resources to pull it off?
ozbot: Bitcoin vs. Apple: Videos of Users Destroying Their iPhones Proliferate on YouTube | A Lightning War
benkay: and why do it all at once?
herbijudlestoids: benkay: how is it realistic? lets say i want to split that 10k across my other investments, its immediately back in the financial system
herbijudlestoids: and the tax office is suddenly asking where the discrepancy is from
benkay: chetty: refusing to embrace the future will be the death of many things. apple is on that list.
benkay: well dump it into 4x via bit4x for one
Vexual: or buy a vex trust but its byolawyer now
benkay: your problem is not in repatriating btc into fiat.
benkay: that is not a problem any more.
benkay: forget about realizing your btc gains in fiat.
benkay: realize your gains in btc.
benkay: maintain your fiat investments the way you normally od
Vexual: i can get you btc agro forestry and all the shit
benkay: hold btc and let it be your risk holding
benkay: you straddle two worlds.
benkay: they are antithetical to one another.
benkay: you cannot have your cake and eat it too.
benkay: if you think like that you have much learning to do.
Vexual: i think herbi might teach you a few tricks too benkay
herbijudlestoids: benkay: think like what? that i can store surplus productivity in physical gold?
herbijudlestoids: Vexual: how are you doing that stuff without the ATO up your arse? or are you compliant?
benkay: that storing it in physical gold is preferrable to storing it in bitcoin.
Vexual: im not anything, ive got tricks, but my lawyers dont play anymore
Vexual: and tricks id poor grammar
Vexual: ato is cool with btc if you dont be a wanker
herbijudlestoids: exactly, if its treated like any other asset class then ceteris paribus trading in BTC has a higher cost base to me
herbijudlestoids: the only way i could reduce the cost base is by avoiding the tax
Vexual: yeah man, if yo make money, declare it
benkay: enjoy your lifetime of servitude to the state
herbijudlestoids: the only profitable strategy i could think of is that i know the ATO has good treatment for options if theyre hedges to delta <0.3
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
herbijudlestoids: benkay: the way i figure is iv already missed the initial wealth transfer...so why bother? if BTC takes over, i will be able to sell my human capital in BTC just as i now sell it in AUD
herbijudlestoids: i dont plan on buying BTC until the volatility dies off, thought it might be doing so but the last week of action has proved me wrong
Vexual: yes bc works like money
Vexual: nooones gonna tell you yu cant trade, beut when its aussie dollars, you pay tax, simple
Vexual: who does your tax re forex shit?
Vexual: yeah 10-100k on trading needs a dude
Vexual: buy some farms and shit, oz aint too different to holland
Vexual: except you need to be productive here, there they just are
ozbot: Milow - Little in the Middle (Official Unplugged) - YouTube
Vexual: im all about the quality management and a chalenge
Vexual: twelfteen balkans listening to this conversation
Vexual: im hoping some will expatriate to australia
ozbot: PXE presents A placa de Ipanema feat. The Herd - YouTube
herbijudlestoids: so, i just calculated the 30 day ROC for bitcoin difficulty since the start of 2013
ozbot: imgur: the simple image sharer
herbijudlestoids: i.e. over any given 30 day window, 20% was the lowest amount difficulty grew and 100% was the largest amount
herbijudlestoids: punkman1: where the rate of change does not change for several datapoints (days)
herbijudlestoids: i think because the difficulty only updates on each new block, so there is flat parts in the timeseries
punkman1: diff updates every X days not every block
Vexual: did you get a machine with iview flash? new rake on sunday
Vexual: yeah i discovered your problem when i was wathxcing the last season of rake, my fave barrister
Vexual: borrow your atlas and never give it back
Vexual: i dont leave the house, ive gt more social phobias than duffer and that other cunt put together
Vexual: id rather stay home but life happens
Vexual: i was trying to explain a spoonfull of cement to the people in the australian context
Vexual: im not here for a haircut
herbijudlestoids: i was thinking it would be interesting to throw small increments of gold up as offers and see if any takers
Vexual: dont tell me about aussie gold unless its proper true
assbot: [HAVELOCK] [RENT] 100 @ 0.0055 = 0.55 BTC
Vexual: im gonna give you a fast track track on your track to enlightnement sans illegal drugs beacause you're so cool
ozbot: Bong-Ra 'Can You Dig It ?' - YouTube
herbijudlestoids: but i wondered if anyone would be interested cos postage costs from aus would be high
Vexual: yes without illegal drugs
Vexual: you got a problem with grog?\
herbijudlestoids: Vexual: saturday nights in -assets is hiphop night for the hermits lol
Vexual: ive still got a passport
Vexual: strip club with his girly
Vexual: hes al about the cubic inches
ozbot: Ol' Dirty Bastard-Shimmy Shimmy Ya - YouTube
Vexual: what you nevetr put a padlock on anything? krs1 knows about security
ozbot: Subcarpati - Balada romanului - Video - YouTube
Vexual: 1 dont wanna spell it out but in youve got 9 computers and 12 hos hes you man
Vexual: is that like donnie darko?
Vexual: musica esta execellante
ozbot: Wax: "Rosana" (Official Music Video) - YouTube
herbijudlestoids: not at all? 2 stops on the train from central, could walk to newtown from here
herbijudlestoids: my mates live right near petersham stn and i have won the schnitzel challenge at the white cockatoo
Vexual: white cockatoo was where lawson drank
Vexual: i vomited vereywhere in the bank
Vexual: exiting politely with a spray like a skunk
herbijudlestoids: you swine, how do you know so much culture shit about inner west sydney
Vexual: keeep sucking dicks you motherfucking cuntz
Vexual: henry lawson is thje name you're looking for
herbijudlestoids: i already looked it up and confirmed on the marrickville council website :D
Vexual: i thought you were wester than that
Vexual: theres bitcoin culture when you get to leichhhardt
ozbot: The Specials - Ghost Town - YouTube
ozbot: ODB - Baby, I got your money [*original uncencored video*] - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [-]
Vexual: pankkkaers ads just got weird
Vexual: ;; later tell mirceas_popescue yes i can provide i tx id if you wanna be a big ho
ozbot: Girls in Hawaii - Not Dead - YouTube
ozbot: Nicki Minaj - Stupid Hoe (Explicit) - YouTube
Vexual: ::rate jurov inteligent and reasonable
assbot: [MPEX] [S.MPOE] 13214 @ 0.00085801 = 11.3377 BTC [-] {2}
jurov: thx, why so suddenly?
Vexual: rate the karaken intelligent an resasobablwe
Vexual: i kno wwhere youre from bro
Vexual: im just where youre not from
jurov: ok.. but srsly, y u no register in the wot?
Vexual: well if noone regs vex trommorow im getting it
Vexual: you're nearly ,my gave giy i wanna know
Vexual: i can spell it with a 1
Vexual: yes i like you jurov, but its no tgay
Vexual: if i was a trolla id have had vex a month ago
Vexual: well i aint gonna suxk your dick but i love you more
jurov: actually i'm not so much into sucking, too. more like coddling
Vexual: jurov been in it for 20 years
jurov: Mats_cd03 well, come around and we'll see what can be done
Vexual: careful wagt you wish for
jurov: you don't have any such wishes? happily married or having proper harem?
Vexual: i breathe morning keytones and feel sad
jurov: better have wishes gone bad than to stay sad
jurov: oh lol, it's cuddling, not coddling xD
Vexual: youre the first guy im giving points to on wot
Vexual: appears reasonable and intelligent'
Vexual: ill pay mp and acscii and nubs and great and blacksmith
ozbot: BBC News - Man travels 1,000 miles to claim bogus prize
gribble: Current Blocks: 284784 | Current Difficulty: 2.6214044530646152E9 | Next Difficulty At Block: 286271 | Next Difficulty In: 1487 blocks | Next Difficulty In About: 1 week, 1 day, 15 hours, 29 minutes, and 18 seconds | Next Difficulty Estimate: 3050544405.42 | Estimated Percent Change: 16.37061
ozbot: 2621404453.06462 | Next Diff in 1487 blocks | Estimated Change: 15.5173% in 8d 17h 20m 35s
assbot: [HAVELOCK] [RENT] 23 @ 0.0055 = 0.1265 BTC {2}
Vexual: yeah wqell i can't find my beer so i dont know shit
Vexual: that ainbt a thing, get real
ozbot: Everyone Nose (All The Girls Standing In The Line For The... - YouTube
Vexual: im not sayig it was you wayneo
Vexual: but you said it was be and all od assets knows that aint true
Vexual: i can't boot my system with perl
Vexual: i didnt even wanna go to that party
assbot: [HAVELOCK] [RENT] 27 @ 0.0055 = 0.1485 BTC
ozbot: German Court Says Registrars Are Responsible for Content on a Website | TheDomains.com
Vexual: i spend half my time injecting stem cells into getmans to give them a sense of humour
ozbot: OutKast - Hey Ya - YouTube
Vexual: pankake , how come french ads are so coool?
Vexual: your fabric softener is called dash
assbot: [HAVELOCK] [CBTC] 1379 @ 0.000138 = 0.1903 BTC [+]
assbot: [HAVELOCK] [DEALCO] 40 @ 0.004779 = 0.1912 BTC [+]
ozbot: Monkey Magic - YouTube
ozbot: [Zhang Jizhong] Journey to the West (2011) - Episode 3 - YouTube
cazalla: that's better, OG monkey is better than the remakes
Vexual: indeed cazalla, it is only life after all
cazalla: can't wait to show my son the series when he is a little older
Vexual: altthough judo i sireelevant nowadays
cazalla: i'll give him a rake so he can pretend to be pigsy in the backyard
Vexual: 'ha yes but the fish spirit is the real rake holder
assbot: [MPEX] [S.MPOE] 12100 @ 0.00085782 = 10.3796 BTC [-] {2}
cazalla: fish, rake, my mind went to poker, otherwise no
Vexual: will y you play hoplem?
cazalla: not really, i don't get much opportunity to read the channel given new born i'm dealing with
cazalla: past that, i just want sleep :\
cazalla: which i'm going for now, ttyl
ozbot: Ol' Dirty Bastard-Shimmy Shimmy Ya - YouTube
assbot: [MPEX] [S.MPOE] 6500 @ 0.00086087 = 5.5957 BTC [+]
ozbot: Ol' Dirty Bastard-Brooklyn Zoo (Video) - YouTube
ozbot: Nicki Minaj - Stupid Hoe (Explicit) - YouTube
assbot: [MPEX] [S.MPOE] 11904 @ 0.00086395 = 10.2845 BTC [+]
ozbot: #bitcoin-assets log
Vexual: fuck you i paid two milly for this shit
Vexual: ill do it coz i love your ears
ozbot: Parliament Funkadelic - Bring The Funk - YouTube
kakobrekla: must think of something you cant afford
Vexual: kraken ill be honest, i can pay quarterly, more than that, its a no gop
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
Vexual: ill keep your arse swingin
ozbot: Jamiroquai - Cosmic Girl - YouTube
Vexual: nubbins gots goats shirt made already
ozbot: How To Uninstall McAfee Antivirus - YouTube
ozbot: John McAfee warning about the use of appliances for security breach purposes - YouTube
ozbot: ODB - Baby, I got your money [*original uncencored video*] - YouTube
ozbot: Warren G - Regulate ft. Nate Dogg - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [-]
ozbot: Nicki Minaj - Starships (Explicit) - YouTube
assbot: [MPEX] [S.MPOE] 15596 @ 0.00086395 = 13.4742 BTC [+]
Vexual: ;; later tell mircea_popescue poke nikini minaj
ozbot: Jungle Brothers "Because I Got It Like That" (album version) 1989 - YouTube
ozbot: LCD Soundsystem - Daft Punk Is Playing At My House - YouTube
Vexual: later tell Luke-Jr I I knnow are about jesus than you
Vexual: ;;later tell Luke-Jr I I knnow are about jesus than you
ozbot: Bliss n Eso - My Life (feat. Ceekay Jones) - Official Video Clip - YouTube
ozbot: LEE SCRATCH PERRY - DuB those crazy Baldheads [HD] Summerjam 2011 - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
ozbot: Lee 'Scratch' Perry - Interview - Tracks Arte TV - YouTube
ozbot: Junior Murvin - Police & Thieves (HQ) - YouTube
ozbot: Seeed - Papa Noah - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
Vexual: yah mon nya work pon the sabbath
Vexual: mee too i spend too much time here
ozbot: Cryptographic Code Obfuscation: Decentralized Autonomous Organizations Are About to Take a Huge Leap
ThickAsThieves: is i'm not sure you can have a real autononmous org without it also being spontaneous
ThickAsThieves: i'm also not clear how an autonomous entity would compete with real intelligent businesses
herbijudlestoids: so its gotta be businesses where theres lots of nodes and all the nodes are equal
ThickAsThieves: i can envision their dream, i just cant see it surviving in a real world
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
Vexual: if you've borrowed my atals i want it back
herbijudlestoids: hmm interesting, the bitcoin wiki lists "keyhotee" "a DAC replacement for OpenID"
Vexual: apparenyly gpg is better than abitcoing signature
Vexual: theres ten kinds ow fuckwits
ThickAsThieves: <herbijudlestoids> except the entire thing is stored on some server --- recently ive been preaching need for a decentralized wot
Vexual: motorcyles ride 30 secs apart here in qld now
Vexual: you've changes your tune
ozbot: Katherine Bryan International Solo Flautist - YouTube
herbijudlestoids: ThickAsThieves: its not bad these days, but yea a little hard for most users cos they have to stop spammers so each identity has a "cost", you gotta fill out a page of 9 captchas or something like that
Vexual: my vorb doeth captchas
assbot: [HAVELOCK] [RENT] 100 @ 0.0055 = 0.55 BTC
ozbot: Web of Trust - Freenet Wiki
Vexual: im coming with a bot when i identify
Vexual: 2 cats and a guinea pig
ThickAsThieves: why does freenet sound like a better tor, but everyone use tor?
Vexual: its slower than pankakke coding
ThickAsThieves: i feel like there are a dozen bitcoiners probly trying to make this a la blockchain and dont know it already exists
herbijudlestoids: if you wanted a distributed WoT, i would recommend a DHT underlying whatever the existing one is
ozbot: Web of Trust - Freenet Wiki
ThickAsThieves: what i want is basically like a openID or sign in with Facebook kinda thing but as a WoT
mircea_popescu: afaik nanotube was working on something like this since about 2012. is this his ?
mircea_popescu: (reason i hilited him is cause eventualy once he gets through the logs he can tell me lol)
herbijudlestoids: ThickAsThieves: seems like "invictus" is pushing keyhotee pretty hard for this, blockchain based
mircea_popescu: also, for the people following s.mg progress : working towards finally moving most of the thing into eclipse
Vexual: 1 am 12 cnad what is this?
herbijudlestoids: for example, if everyone in -otc continues to use the centralised version, because they dont want to lose their existing rep, then what
mircea_popescu: herbijudlestoids i will continue to use otc, because i do not use solutions of nobodies.
ozbot: Alby Mangels Adventure Bound THE WHOLE SERIES - YouTube
mircea_popescu: in order to become somebody you become somebody, the steps are laid out
herbijudlestoids: mircea_popescu: just in the hypothetical that a somebody made something good
mircea_popescu: this bs where 20something dork "comes up" with some sort of "revolutionary" thing and everyone cares is not unlike manga.
Vexual: cock mouth is always a risk
mircea_popescu: not only it never happens, it never should happen and by god im here to ensure it never does.
mircea_popescu: herbijudlestoids nobody definitely didn't make something good.
mircea_popescu: it's just that you're new here and haven't gone through the training process
mircea_popescu: the very proposition belies fundamental ignorance of the entire thing, which is why i object.
Vexual: mp is very adverse to starting with 0
mircea_popescu: but compare and contrast (by which i mean meditate upon) the alt coin with max keiser's alt coin and you'll perhaps you'll come to something.
mircea_popescu: herbijudlestoids no, it's not intelligence you lack, it's the experience that'd inform that intelligence.
Vexual: never too retarded, might have to reword the question
ThickAsThieves: well i was gonna say, why is driving adoption so integral to the goal
mircea_popescu: ThickAsThieves because people today grow up in this echo chamber
mircea_popescu: "you guise think drugs are cool rite ? cause there's these bath salts here..."
herbijudlestoids: ThickAsThieves: well if the inertia of the existing system means nobody uses it, then it fails at its fundamental goal of being a distributed WoT that derives its value from having lots of credible ratings
Vexual: mcafee is cool, bathselts arent
assbot: [HAVELOCK] [B.EXCH] 16 @ 0.19376446 = 3.1002 BTC [+]
mircea_popescu: herbijudlestoids your fundamental presumption is that everyone is at all times in the position to make anything.
ThickAsThieves: what if you let people port trust, and they get a note on their account
herbijudlestoids: ThickAsThieves: i was thinking of something like that, maybe you can model existing WoTs as nodes in the graph
mircea_popescu: the declaration of love that sunk cleopatra is not something every roman citizen could have made any time they felt like it.
Vexual: mcaffee read erowid and pisssed something better
mircea_popescu: most of the possibility of the world is locked away from most people most of the time.
herbijudlestoids: ok well in that case its horizontally compatible and doesnt depend on any adoption, in fact would be quite useful in case for example catastrophe strikes the existing WoT server it might be stored on someone elses computer
mircea_popescu: it uses the mpex "make your own backups if you're worried" model
Vexual: how does a cardano make mpex better?
ThickAsThieves: maybe each wot chain comes with it's own level of trust too
mircea_popescu: Vexual i have no idea. the disadvantage of making tools for a reason rather than towards a purpose is that it's really up to the users to figure out how to wring all the utility out of them.
herbijudlestoids: ThickAsThieves: if each WoT is just a node in the graph it can be exactly so
mircea_popescu: herbijudlestoids nono, look in the wiki there's a link to backups
herbijudlestoids: mircea_popescu: ok so the existing server eats shit somehow, and you have your backup, someone wants to sell you 50 BTC and they screw you somehow, you want to let others know by giving that person a negative rating but you cant
mircea_popescu: this is how financial networks work : when standardisation goes down the periphery eats it.
mircea_popescu: which incidentally shows you a different path into why the periphery can not be the standardisation driver
ThickAsThieves: so what youre saying is, the best way to model reputation systems, is like how they work IRL?!
Vexual: welsome to earth herbi
herbijudlestoids: sounds like all it needs is an extra piece of functionality, so each WoT node can talk to other WoT nodes
☟︎ Vexual: i really wanted to eat that
herbijudlestoids: mircea_popescu: he was saying just before you came in that he wanted a distributedier WoT
mircea_popescu: what the fuck, are we stupid or something ? been using this thing for years, i promote it as the solution, something;'s missing ?
Vexual: coz your house aint amart
mircea_popescu: meanwhile all the fuckwitted uk people who spend their time pretending to be women and pretending to be famous and important and into tech
Vexual: i wish i knew hwo at emy sushi
mircea_popescu: spend all their time making retarded websites encouraging little boys to waste their life similarly
mircea_popescu: because then if there are many idiots in the same boat it wouldn't have been a waste.
herbijudlestoids: so that people can query whichever shits they want in web services?
mircea_popescu: and i think exactly the same of friedcat and co, too. when i say it's a sad story this is what i mean.
Vexual: theres noone here its proaby still there
Vexual: tat i wont hold it afainst you
Vexual: its also not melbourne time here herbi
Vexual: yeah tat, i put stem cells into germans with no effect
ozbot: Bitcoin company offers stock denominated in bitcoin – Quartz
mircea_popescu: this is what we're reduced to : i tell him on twitter to get over himself, he's no longer in highschool
Vexual: people go back and read vex logs and come up with stuff like divesify
mircea_popescu: he proceeds to try and prove to the world that no, i am wrong. indeed he is in hs.
mircea_popescu: Vexual that place where the government pays for kids airs.
ThickAsThieves: "“Eventually Bitcoin Kinetics will become a Decentralized Autonomous Organization run completely by smart contracts, 3D printers & shipping centers, making it run on its own."
mircea_popescu: ThickAsThieves they mean "mpex" and don't know how to say it.
ThickAsThieves: why did they just like, throw in 3D printers into that statement
mircea_popescu: they can't be trusted with defining what being nyc actually means, but they can be trusted to implement a very broken, ridiculous version of what they heard it may be like.
ThickAsThieves: Xerox should take over 3d printer market while they can
Vexual: when thers a 3d pixma ill but iy
mircea_popescu: yeah but it's more the hopes and aspirations of a bunch of nuts and the creative effort of some geeks.
wao-ender: I think 3d printer market is already divided.
mircea_popescu: wao-ender the trick in this discussion is the hidden axiom that "a bunch of people buying and selling isn't necessarily a market"
wao-ender: ah, I didnt read whole discuss, sry
mircea_popescu: but in general concepts pose the larger problem. if they did try to take it they may end up doing something idiotic
mircea_popescu: like i dunno, spending all their money on facebook ads.
ThickAsThieves: also xerox has spent a long time becoming a sales and repair company
mircea_popescu: cause of conceptual confusion engendered by the "market"
Vexual: imagine being a xerox texh
mircea_popescu: cost more to explain to xerox employees wtf this is supposed to be than to just make a new xerox.
mircea_popescu: you should have ignored him when you could. now you're stuck
Vexual: i would fix the fuck outta those laser printers
ThickAsThieves: they are these large format printers that use static (sorta like a xerox) to pattern a coated paper
ThickAsThieves: then you run the paper with fabric into a rolling heat press
herbijudlestoids: so what were you using it for ThickAsThieves? tshirts or banners or something?
mircea_popescu: o wait. you're the guy that can make us the mesh dome anti-hypersonic-missile defense.
mircea_popescu: jesus. so i go check trilema awstats. i find out that TO THIS DAY my 2nd most read article is a 2012 romanian language guide for women as to how you suck cock.
Vexual: mp do you actually have a haerum, or is that a joke about the slaves email?
mircea_popescu: that thing is never going away. "mp ? what, bitcoin, whatever ? nah, this guy is famous because that one time he wrote a cocksucking guide"
herbijudlestoids: well the target audience is slightly larger mp, between 50% of the romanian population who are potentially interested (+ gay guys) versus what...0.5% of global pop interested in bitcoin?
herbijudlestoids: maybe 0.5% is too much, thats 30 million people, you took me literally sir
mircea_popescu: because all people are interested in bitcoin the way all women are interested in sucking it.
ThickAsThieves: "We have received positive reply from Havelock and an application form. Business plan is under development."
Vexual: i do some handy rope work
mircea_popescu: it's remarkable how little people understand of what they're actually saying.
mircea_popescu: it's almost as if they have no business training at all.
Vexual: ill invert some braid like it was made like that
mircea_popescu: that's ambiguous. do you mean as in otaku or do you mean as in, still being underage.
herbijudlestoids: a solitary man with a messy apartment which may or may not contain a chicken
mircea_popescu: Vexual you know there's a lot of aussie chicks into being roped up.
Vexual: yeah they don't pay for good ropework
mircea_popescu: and then we could have buck naked does X obscure town in kanuckistan, volume 75984576985
Vexual: yes, i can read japanese too
ThickAsThieves: "I'm not familiar how coinmarketcap.com works but I was certain I'd find you there. Did you not request to be added there?
ThickAsThieves: "Unfortunatelly that's almost all that we've done. And there's so much more we want to do with blockr. So we made a decision to stop adding new coins for some time."
ThickAsThieves: "We'll add new features to blockr and then we'll proceed with second phase of adding coins. Blockr is modular and ATC doesn't seem to be problematic to add. We'll make a public announcement when phase II starts."
mircea_popescu: ThickAsThieves sounds to me like you got support. give it a few.
Vexual: if you want the real alt you dont wanna be in every marketplace
Vexual: i cant afford underpants
Perlboy: mircea_popescu, appreciate the answer so thanks. So in summary someone gambled the price would goto 4000->5000 by end of February?
mircea_popescu: Perlboy nah, it's a lot finer than that. basically gambled price will go up
Perlboy: cause that's the way bugpowders response read.
mircea_popescu: Perlboy naked puts work like this : you make money by the price rising up to your strike. so in the 800-5k per interval, the puts slowly made money for the seller.
herbijudlestoids: Perlboy: i tried to explain it to nubbins yesterday (in depth) if you wanna look through the logs
ThickAsThieves: <kakobrekla> tat blockr will add atc --- you know them?
kakobrekla: ThickAsThieves , i talked to mah bois after you got dumped
Perlboy: herbijudlestoids, yep k, will grep
ozbot: #bitcoin-assets log
Perlboy: mircea_popescu, let me go log read rather than waste more of your time..
Vexual: tat you're doing it wrong
mircea_popescu: she included graphs for womenz and other visual thinkers.
herbijudlestoids: mircea_popescu: you can just google short put to see the payoff graphs for it ;)
mircea_popescu: oh. yeah, in retrospect, she did graphs for the mining diff complex hedge thing, not for this.
ozbot: Lupe Fiasco - Kick Push (Video) (Album Version) - YouTube
herbijudlestoids: ok foods ready, imma go back to my movie, hope the explanation doesnt burn your eyes Perlboy
Perlboy: herbijudlestoids, hehe, it did a little bit but i'll read it again tomorrow
Vexual: what u watching finserv?
Perlboy: for me i'm just trying to understand the instrument, definitely the most complex i've seen in btc space
assbot: [HAVELOCK] [AM1] 3 @ 0.52 = 1.56 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.52 BTC [-]
Vexual: never herd that sentece before old man
Vexual: i havent seen a human for a month
ThickAsThieves: are any of these altcoin exchanges from someone trustworthy?
Vexual: anyone got an ameail for belushi?
Vexual: you need an atc btc exchange
ThickAsThieves: yes, but i feel dirty telling people to go to these sites
Vexual: cant call it the altcoin zand hope for cryptsy
ThickAsThieves: let's get listed on mcxnow so everyone can get robbed! no thanks
assbot: [HAVELOCK] [AM1] 10 @ 0.51603 = 5.1603 BTC [-] {9}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0705 = 0.141 BTC [+] {2}
Vexual: theyre taken the salami
assbot: [HAVELOCK] [AM1] 2 @ 0.516 = 1.032 BTC [-]
Vexual: noome ghost hoas been in my fridge and just left the cheeze
mircea_popescu: <ThickAsThieves> yes, but i feel dirty telling people to go to these sites << this is a problem.
Vexual: its nit even an internet fridge
assbot: [HAVELOCK] [B.MINE] 4 @ 0.07225 = 0.289 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.073 = 0.146 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
assbot: [MPEX] [S.NSA] 5000 @ 0.000107 = 0.535 BTC [-]
assbot: [MPEX] [S.NSA] 5000 @ 0.000107 = 0.535 BTC [-]
assbot: [HAVELOCK] [B.SELL] 10 @ 0.131 = 1.31 BTC [+] {3}
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.SELL] 2 @ 0.13 = 0.26 BTC [-]
assbot: [HAVELOCK] [B.MINE] 3 @ 0.06700001 = 0.201 BTC [-]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [RENT] 50 @ 0.0055 = 0.275 BTC
ozbot: On periphery and the peripheral. Ephemerides are also mentioned. pe Trilema - Un blog de Mircea Pope
Duffer1: It’s just that you’re new here and haven’t gone through the training process.vi
Duffer1: better to learn before than after
kakobrekla: ah right, i commented just the comments havent read through
Duffer1: oh i was referring to the training process footnote hehe
assbot: [HAVELOCK] [AM1] 3 @ 0.51503333 = 1.5451 BTC [-] {3}
gribble: Current Blocks: 284821 | Current Difficulty: 2.6214044530646152E9 | Next Difficulty At Block: 286271 | Next Difficulty In: 1450 blocks | Next Difficulty In About: 1 week, 1 day, 3 hours, 30 minutes, and 20 seconds | Next Difficulty Estimate: 3056142038.47 | Estimated Percent Change: 16.58415
assbot: [HAVELOCK] [AM1] 1 @ 0.51000121 BTC [-]
assbot: [MPEX] [FT] [X.IDIFF.MAR] 60 @ 0.0030425 = 0.1826 BTC [-] {4}
herbijudlestoids: mircea_popescu: if that's me "getting it bad" then im happy to get it so, i prefer the discussion, or at the very minimum to be able to hear and consider new viewpoints
Duffer1: i would call that getting it bad
Duffer1: ciphermine/ciphertrade "ceo"
Duffer1: oh i didn't mean to imply it did
Duffer1: just an example of someone that "got it bad"
assbot: [HAVELOCK] [SFI] 249 @ 0.00086877 = 0.2163 BTC [+] {6}
herbijudlestoids: hehe i guess so. i feel like im getting what i want out of conversations (mostly) on this chan, so happy for it to be blogged or whatever
Duffer1: hang around. learn much. wow
assbot: [MPEX] [S.MPOE] 35400 @ 0.00085468 = 30.2557 BTC [-]
herbijudlestoids: Duffer1: i keep in contact with my ex boss...showed him some of the logs from this chan, he said and i quote "sounds like youve finally found some people who can keep you occupied"
assbot: [HAVELOCK] [B.MINE] 3 @ 0.07033333 = 0.211 BTC [+] {2}
herbijudlestoids: Diablo-D3: did i? lol i was in the conversation, was there a facet of me getting told that i missed
Diablo-D3: herbijudlestoids: you got told. pretty sure.
herbijudlestoids: the message i took away was that theres no real reason to change from the existing WoT, which i assumed wasnt distributed, because ThickAsThieves said he wanted a more distributedy WoT
herbijudlestoids: kakobrekla: well itd certainly make conversations about why people might try it a little easier
herbijudlestoids: but no i dont necessarily want him to try it, i dont have some kind of dogma where everyone should try drugs or whatever
herbijudlestoids: yea, i was proposing some things before mircea_popescu showed up, his log only starts from there
Diablo-D3: asciilifeform: the easy way is to just use pgp ;)
herbijudlestoids: asciilifeform: but it sounds like the existing WoT is already distributable
mircea_popescu: asciilifeform it's not a trivial problem, a distributed wot.
Diablo-D3: actually, it kind of is a trivial problem
Diablo-D3: you're just stating the problem wrong
mircea_popescu: a trusted wot so far wins on practical grounds. not that i think it's a bad idea a proper distributed implementation should be made
mircea_popescu: the only thing is... it has to be done well, as opposed to just done so someone can go to conferences herpderping about 3d printed wots
assbot: [MPEX] [S.MPOE] 1598 @ 0.00085468 = 1.3658 BTC [-]
mircea_popescu: yes, but, sy1's rating of sy2 does not carry my signature
mircea_popescu: herbijudlestoids well, technically, they'd have to talk to it, but yes.
herbijudlestoids: from what you said earlier, i assumed its possible already without any additoinal code
mircea_popescu: much better to have decentralised city-states run by one man
mircea_popescu: than to have either world empire run by one man or world bureaucracy
mircea_popescu: herbijudlestoids well, the aditional code would be they need to talk to gribble.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12660001 BTC [-]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12500001 BTC [-]
herbijudlestoids: so gribble is officially the -otc bot right, not the -assets bot?
mircea_popescu: gribble is the bitcoin bot, run by nanotube, who's been kind enough to add it here.
assbot: dude, i run kakobrekla.
herbijudlestoids: but only gribble is the arbiter for WoT right? like gribble connects to same backend as -otc website?
mircea_popescu: it's a good interface because freenode is ddos resistent
herbijudlestoids: so lets say i want to run ozWoT, for cool oz kids like myself, and i clone the code off github (or wherever it lives) and setup my own gribblesque bot, users talking to my bot should be able to rate users through gribble and vice versa
mircea_popescu: but i guess if you keep cloning the wot you may display more or less in sync results independently
assbot: [MPEX] [S.MPOE] 22500 @ 0.0008553 = 19.2443 BTC [+]
herbijudlestoids: so if the -otc WoT goes down, then users of my WoT can still rate other users in the same web, and interrogate the local cache of the -otc WoT, but they cant push ratings around the graph (outside the local WoT)
mircea_popescu: herbijudlestoids gribble will see an "ozwot" guy, and that "ozwot" guy will be rating people in wot
mircea_popescu: and wot users who actually wish to rate people in ozwot would talk to ozbot
herbijudlestoids: right right, ok so gribble can at best assign trust to the ozwot guy rather than individuals within
mircea_popescu: no reason you want that, really, i know it's a gateway, woting it is meaningless.
mircea_popescu: then once enough people actually want to rate someone in ozwot they'll keep bitching at nanotube who will eventually add a back flow.
herbijudlestoids: so users of ozwot can query both local and -otc wot members (and any others in the list i guess), but gribble users have to query two WoTs to get the same coverage
mircea_popescu: or else he won't, and if the people hate it enough wot will die out
mircea_popescu: the only drawback is that it's not instantaneous, which makes it "unrevolutionary"
herbijudlestoids: i downloaded a chinese gangster movie but it has no subtitles :(
herbijudlestoids: mircea_popescu: hmmm though ok... "ozwot guy" cant rate users through gribble unless it has a rating...
ThickAsThieves: as far as the wot distribution problem, i think i have an idea, outside services that integrate with it
assbot: [HAVELOCK] [B.MINE] [PAID] 0.93429002 BTC to 974 shares, 95923 satoshi per share
ThickAsThieves: people would probably eat up a wotbook right now, could even kill bitcointalk
Duffer1: that's quite an interesting idea
herbijudlestoids: like if i bought some BTC off you one time and rated you, now youre in my wotbook feed?
assbot: [MPEX] [S.MPOE] 1900 @ 0.0008553 = 1.6251 BTC [+]
ThickAsThieves: this isnt about trying to get people who already use wot to use wot
herbijudlestoids: right now the WoT is based on business transactions, youre proposing something where people just build a social graph
mircea_popescu: ThickAsThieves the drivers of btctalk are scamming and derping.
assbot: [HAVELOCK] [NEOBEE] 48 @ 0.003081 = 0.1479 BTC [+]
herbijudlestoids: ThickAsThieves: what im trying to say is, if the reputation ledge is built on the back of wotbook then its just a social graph.
mircea_popescu: herbijudlestoids you read mpoe-pr's post re wot and how to use it ?
herbijudlestoids: mircea_popescu: nope havent...i got a WoT account and messed with gribble on it already
ThickAsThieves: i vote my mate joe up because hes my mate joe! --- this person will get rep with people that value that
herbijudlestoids: ThickAsThieves: i think the reputation ledger has value specifically because its business transactions
ThickAsThieves: you cant start discerning between which ratings are meaningful or not yourself, thats the whole point of the damn system
ozbot: Reputation system?
assbot: [HAVELOCK] [AM1] 4 @ 0.52995492 = 2.1198 BTC [+] {3}
ThickAsThieves: okay you wanna discern business trust from social trust?
herbijudlestoids: just got this sms: NOTICE: your mobile no. has been singled out for a claim of 800,00GBP from Android Mobile UK contact us on androiduk@live.co.uk for more
Duffer1: isn't @live the microsoft system?
herbijudlestoids: Duffer1: also i live in australia and dont own an android mobile?
ozbot: NOBS - Cryptocurrency Social Network - The Global Village
mircea_popescu: a self-perpetuating autocracy in which the working classes
ThickAsThieves: only working site i found claiming to be social network for crypto
mircea_popescu: it is a story of hope, blogging and unbridled enthusiasm, in which I, a crookeyed optimist, tried to use my five year old heavily modified wordpress installation to post things.
mircea_popescu: part and parcel of this being showing the people tits. until one day!
mircea_popescu: for one day, when i went to add a new pair of tits, the "insert image" button simply redirected me to a random page of my blog
mircea_popescu: instead of taking me back to the publishing box with the pre-prepared html code referencing the image
mircea_popescu: and made the poor unfortunate junior dev read my entire installantion, in spite of it not having been modified, to find wtf
mircea_popescu: because motherfucking god almighty if it works today and it doesn't work tomorrow i wish the world entire to burn.
mircea_popescu: a month later, i couldn't connect to my blog. like at all.
mircea_popescu: and lo and behold! for i saw with mine owne eyes downforeveryone saying lelz at me
mircea_popescu: so then i screamed obscenities in a lengthy single breath of fifty eight minutes
mircea_popescu: and eventually we discovere dthe newly installed mod_security comes with rules now.
mircea_popescu: which rules block fucking wordpress from injecting itself with itself
mircea_popescu: kakobrekla you of course missed all the /me stuff, which is half the value here.
Duffer1: that was a pretty good bit
Duffer1: the /me stuff really brought it home
assbot: [MPEX] [S.MPOE] 1230 @ 0.00085771 = 1.055 BTC [+]
pankkake: "I think this coin really needs an official exchange rate"
mircea_popescu: say "no because unlike the others this is decentralised"
BingoBoingo: Apparently after I bought Altcoins at 150, the next buyer went at 180. Looks like Altcoin is growing up into a real, bubbly Altcoin.
pankkake: I hope so, I mined it to become rich
BingoBoingo: mircea_popescu: Prolly. So far the big liquidity providers are all selling though.
mircea_popescu: also to stick it to ThickAsThieves who doesn't have any
mircea_popescu: ThickAsThieves you wish you took max keiser's advice and bought it when it was 80 don't you now!
BingoBoingo: If the Dogers push it past 1000 satoshis per I might part with my 31337
kakobrekla: where are you pulling these numbers from
BingoBoingo: mircea_popescu: Doge seems to be. If they can get the joke though the Doge users might start pumping Altcoin though.
mircea_popescu: BingoBoingo i always thought what ThickAsThieves was trying to accomplish with those coelho quotes is make it sound esl enough for the doge crowd.
kakobrekla: i dont need to make those, they come out when i turn on the shower
BingoBoingo: mircea_popescu: So do I. Dogers are probably waiting for some sort of exchange-ish thing because grepping WoT and OTC is hard for them, because reading
mircea_popescu: wait, all slovene women had to wash in cold water after sex these past weeks ?
assbot: [HAVELOCK] [CBTC] 19913 @ 0.0001465 = 2.9173 BTC [+] {11}
mircea_popescu: speaking of which, wouldn't it be cool to live in one of these so called countries in europe or w/e ? when they have like 50 women total
mircea_popescu: and you don't need to ask anyone her phone number, cause they give them consecutive numbers
ozbot: <xabbix> MagicalTux the only viable option for you guys to keep customers after - Pastebin.com
assbot: [HAVELOCK] [RENT] 91 @ 0.0055 = 0.5005 BTC
kakobrekla: whats with you picking on the little people
mircea_popescu: one of the better paintings of the renaissance. all those people going "and what is THIS supposed to be then!"
mircea_popescu: herbijudlestoids:now obviously small fry 100GH/s is nothing but i thought it was interesting << no, it's not interesting. the reason is the problem of herding cats.
mircea_popescu: specifically, a farm made out of 5000 individual computers all different would cost more to run than to burn down
mircea_popescu: just so with a patchwork of miners, god help you if you imagine you can buy random odds and ends off ebay at a nominal profit
assbot: [HAVELOCK] [DEALCO] 200 @ 0.00469 = 0.938 BTC [-]
mircea_popescu: benkay: baby doll doesn't even care terribly, and boy does she put out when she gets jealous << now you gotta photodocument this.
assbot: [HAVELOCK] [KCIM] [PAID] 2.17250000 BTC to 86`900 shares, 2500 satoshi per share
mircea_popescu: herbijudlestoids: like the charts you can see on mpex.co already, i just dont think theyre portraying useful info << me either. what's one to do, no pics at all ?!
assbot: [HAVELOCK] [B.SELL] 3 @ 0.127 = 0.381 BTC [+] {3}
mircea_popescu: herbijudlestoids: 20% was the lowest ROC i found << unless you normalized to some absurd time interval (month ?) 20% is not the lowest.
mircea_popescu: the natural time interval for btc is "two weeks" aka 2096 blocks. and there have been eve ndrops.
assbot: [HAVELOCK] [DEALCO] 52 @ 0.00469 = 0.2439 BTC [-]
assbot: [HAVELOCK] [RENT] 35 @ 0.0055 = 0.1925 BTC
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0705 = 0.141 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 6 @ 0.07198332 = 0.4319 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 6 @ 0.07199999 = 0.432 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 2 @ 0.125 = 0.25 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 4 @ 0.07275 = 0.291 BTC [+] {2}
gribble: #19517 Fri Feb 7 20:10:59 2014 mod6 BUY 100000.0 ATC @ 1.5e-06 BTC (Want to buy 100,000 ATC for a total of 0.15 BTC, must have WoT rating. PM me.)
mod6: hit me up if you want to do a trade for a smaller amt too.
mod6: we can make a deal.
assbot: [HAVELOCK] [COG] 5 @ 0.04899998 = 0.245 BTC [+] {3}
assbot: [HAVELOCK] [CBTC] 2973 @ 0.00014516 = 0.4316 BTC [-] {4}
assbot: [HAVELOCK] [RENT] 24 @ 0.0055 = 0.132 BTC
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 198 @ 0.003081 = 0.61 BTC [-]
assbot: [MPEX] [S.MPOE] 13201 @ 0.00085708 = 11.3143 BTC [-] {2}
ozbot: Toddlers boxing match gets nasty - YouTube
deadweasel: need to bring this back, asap,, for the children
assbot: [HAVELOCK] [PETA] 5 @ 0.04897964 = 0.2449 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 44 @ 0.0030825 = 0.1356 BTC [+]
assbot: [HAVELOCK] [AM1] 7 @ 0.52999999 = 3.71 BTC [+] {5}
assbot: [HAVELOCK] [AM100] 71 @ 0.00531689 = 0.3775 BTC [+] {10}
assbot: [HAVELOCK] [HIF] 498 @ 0.000463 = 0.2306 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 36 @ 0.0030825 = 0.111 BTC [+]
assbot: [MPEX] [S.MPOE] 17250 @ 0.00085771 = 14.7955 BTC [+]
assbot: [HAVELOCK] [B.SELL] 7 @ 0.125 = 0.875 BTC [-]
benkay: you know what's hilarious? biking on six inches of snow is hilarious.
assbot: [HAVELOCK] [B.EXCH] 19 @ 0.19376446 = 3.6815 BTC [+]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.121 BTC [-]
assbot: [HAVELOCK] [B.MINE] 3 @ 0.06890001 = 0.2067 BTC [-]
assbot: [HAVELOCK] [B.MINE] 10 @ 0.07235 = 0.7235 BTC [+] {4}
gribble: 1 XAG = 20.020000000000 USD = 0.0300555472151 BTC
gribble: 1 XAU = 1268.100000000000 USD = 1.90376820297 BTC
gribble: MtGox BTCUSD last: 675.99997, vol: 20519.85822884 | Bitstamp BTCUSD last: 709.98, vol: 10021.29115479 | BTC-E BTCUSD last: 711.0, vol: 9863.89301 | Bitfinex BTCUSD last: 708.5, vol: 6743.9665196 | CampBX BTCUSD last: 726.0, vol: 0 | BTCChina BTCUSD last: 750.797945, vol: 6516.39000000 | Volume-weighted last average: 701.945034121
benkay: coins on sale, coins on sale
benkay: no idea, i don't watch the price
nubbins`: bitcoinity bottoms out around 660
benkay: my sample rate is like 1/week
nubbins`: there comes a point where it doesn't really matter what the price is
mircea_popescu: punkman1 i still don't know which are at all trustable.
benkay: that'd be the difference between an investor and a trader.
punkman1: mircea_popescu: we need some chinese dudes
nubbins`: which of those two cares about the price?
benkay: i'm thinking sample frequency as indicator, nubbins`
FabianB: davout is the only one in this chan which kinda represents a fiat-btc exchange, no?
benkay: don't think there's much 'kinda' about davout's operation.
mircea_popescu: wasn't kakobrekla running that btcstamp or w/e, slovenian exchange ?
jurov: interesting leak mircea...so nejc and the other dude are just white horses?
FabianB: benkay: with kinda i didn't mean the exchange itself, just dunno if ceo or whatever role
jurov: and kako rund bitstamp?
davout: mircea_popescu: pure randomness
FabianB: mircea_popescu: no, i wish, i only know some basics
davout: where is your cardano now?
pankkake: jurov: yes, thus his 500 BTC car
nubbins`: rng based on davout's joins/parts
nubbins`: you know, vexual would make a pretty good meat-based rng
jurov: what if it's actually the other way around?
jurov: he's saving stuff in the logs
nubbins`: this bears further consideration
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00015499 = 0.775 BTC [+] {3}
nubbins`: once in korea when hiking in the mountains i stumbled across a small park with 2.5m diameter hula hoops
nubbins`: made out of curved 3" pvc pipe
nubbins`: not as fun as mixing metric and imperial units, but hey
nubbins`: i'm a product of my upbringing
jurov: and now mircea's pics are suspect, too :D
mircea_popescu: just by looking at them i can tell you they're at least 0.1% off
nubbins`: sorry state of affairs, those pips
davout: mircea_popescu: no more robocop movies for you
jurov: wut? you roll them million times and derive a secret key from the differences from mean?
nubbins`: i saw those guys in an attenborough-narrated doc once
nubbins`: always looking happy can be a curse tho, look at dolphins
mircea_popescu: jurov there's a variety of available attacks if the rng is badly biased.
jurov: even better if it is provably fair
nubbins`: so the opening ceremonies were quite the spectacle
nubbins`: pretty heavy on the russian beat-off tho
nubbins`: we drank and counted the number of families that were condemned to death by their relatives fucking up their parts in the ceremony
jurov: you know the responsible dude was found dead already?
jurov: oh my..i fell for it :/
nubbins`: it was easier when it was just the onion
nubbins`: team from bermuda (1 athlete, good for him!) wore red shorts for their uniform. outdoor stadium in russia in february.
nubbins`: i'm sure they thought so too when planning it
nubbins`: i'm picturing the canadian team showing up in snowsuits for the next summer olympics
assbot: [HAVELOCK] [AM100] 23 @ 0.00543011 = 0.1249 BTC [+] {4}
B007: mircea_popescu: Do you hold in BTC or Fiat money?
nubbins`: he asked just in case you wondered whether he held his cock in btc or fiat
B007: my cock? I don't hold my cock
mircea_popescu: and they thought surrealism was a 1920s thing. ha! i say.
assbot: [HAVELOCK] [B.MINE] 2 @ 0.073 = 0.146 BTC [+]
lewicki: it is, after all, hard to get it into your own mouth without some help.
nubbins`: all things are cyclical, some cycles take longer than others
B007: I think I just walked into an exclusive club
nubbins`: you know, i honestly wonder sometimes when people give me carte blanche for designing shirts for their band
nubbins`: B007, it's irc, everyone is ugly
mircea_popescu: B007 it's not that exclusive, but you gotta ask questions that can be answered.
nubbins`: honestly, i'm waiting for the day when i show someone a concept and they just ask me what my fucking problem is before walking away
B007: I see some might consider what I asked to be stupid
nubbins`: mildly confused every time it doesn't happen
B007: but you can't buy much with BTC
nubbins`: B007, what do you want to buy with btc that you can't?
Duffer1: you can buy a lambo with btc
B007: I wonder how the creater feels about all this
B007: the creater of Bitcoin I mean
Duffer1: it's money you can buy stuff with it
B007: but is it safer than traditionally fiat?
B007: which doesn't flucuate as much
B007: mircea_popescu: I think you have a bunch of 14 yr nude selfies now
punkman1: "Dangers are sum like a kold bath, very dangerous while you stand stripped on the bank, but often not only harmless, but invigorating, if you pitch into them."
punkman1: sure why not, everything else is IPOing
Duffer1: for us proles volatility is a threat atm, whether its more a threat than inflation is your choice, all eggs in one basket = bad
assbot: [HAVELOCK] [NEOBEE] 45 @ 0.00300605 = 0.1353 BTC [-] {2}
ozbot: Goat: A Sordid Story of Stupid and Scam
assbot: [HAVELOCK] [CBTC] 1503 @ 0.00015349 = 0.2307 BTC [-] {2}
benkay: ya well not all americans are entirely uneducated
B007: I am an American and am entirely uneducated. Point Proved?
assbot: [HAVELOCK] [CBTC] 2751 @ 0.00014677 = 0.4038 BTC [-] {6}
assbot: [HAVELOCK] [CBTC] 3318 @ 0.00014544 = 0.4826 BTC [-] {2}
ozbot: BitBet - BFL will ship before ActiveMining
Duffer1: there's no way to reasonably guess who will win, i don't think that bet will see much action :P
B007: Education is having the abilty to learn
mircea_popescu: benkay "my everlasting shame. Our code is available here:"
Duffer1: i got water on my keyboard "Cripple Fight!"
benkay: how'd that get published!?
ozbot: imgur: the simple image sharer
nubbins`: thoughts, comments, criticisms?
nubbins`: benkay, anything can get published, trust me
mircea_popescu: that looks like a butterfly that snorted coffee grinds thinking they're lsd.
mircea_popescu: with a skin infection or w/e is going on there off to the left.
nubbins`: bubbles will either go completely or take over the rest of the page
nubbins`: this is for a band t-shirt, in the meantime
mircea_popescu: is the band name "butterfly that snorted coffee grinds thinking they're lsd" ?
B007: it looks like the ink had a seizure
mircea_popescu: "Nobody can get inspect your payments if you know what you're doing."
nubbins`: B007, the ink does occasionally have seizures
nubbins`: you should see the last thing i drew
B007: nubbins`: especially in the heat
nubbins`: i had TWO pens hemorrhage on me this week
benkay: i do but mircea_popescu is so much better at it.
B007: mircea_popescu: likes to party with lsd
mircea_popescu: indicative of Nefario's future behavior: "Thanks for your ideas guys, I'm going to wrap them all together and not pay out the bounty".
ozbot: A List of Bitcoin "Investments"
B007: mircea_popescu: how rich are you?
B007: nubbins`: I like being vulgar
copumpkin: B007: he bought me a bentley for supporting him in the early days
mircea_popescu: i'm so rich i buy people bentleys i don't even know about.
copumpkin: well, indirectly, in that money I stole from you
nubbins`: ah, hey, there's an MPEx asset in this list
mircea_popescu: i'm so rich people steal my moneyz i don't even know about.
nubbins`: i was talking with someone about this the other day
assbot: [HAVELOCK] [CBTC] 892 @ 0.000151 = 0.1347 BTC [+]
mircea_popescu: nubbins` how's pure.synth related to the hash options tho ?
mircea_popescu: they're different things, the f.pure.synth was a synthetic copy of puremining, the glbse asset run by rosi manifold or w/e the jew's name was.
nubbins`: the btctalk thread is a bit light on detail
benkay: not epic at all. barely 4% of the way through known assets.
ozbot: A List of Bitcoin "Investments"
ozbot: [MPEx] Introducing F.PURE.SYNTH
benkay: furthermore, that project is on hold.
ozbot: luke-jr is a scammer - he renegged on a bitcoin futures contract
B007: mircea_popescu: I can't even read that
Luke-Jr: mircea_popescu: why do you like to promote lies and scammers?
benkay: luke claims that because his counterparty didn't file claims within some window of time he was absolved of his obligation to pay.
Luke-Jr: mircea_popescu: we agreed that I'd sell him <n> BTC for <n> USD at a future date. he never showed until like a month later demanding I just pay him some amount outright
nubbins`: nevermind that, what's a "synthetic copy" of an asset?
Luke-Jr: benkay: I had no obligation to "pay".
Luke-Jr: he would have recieved something, and I would have received something back.
Luke-Jr: I was at no point under an oblgiation to sell what I got back to him at market price.
mircea_popescu: it doesn't necessarily have to be X or Y to be epic you know.
Luke-Jr: IIRC, had he shown up, and we made that trade, I'd have made a profit in the month he was MIA
nubbins`: i'm still confused about f.pure.synth
nubbins`: indulge me with the elevator pitch?
benkay: pmb, unless i miss my read.
mircea_popescu: nubbins` a synthetic was a relatively retarded construction, sadly made necessary by the very opaque manner of conducting "business" employed by the glbse muppets.
nubbins`: benkay: pmb, yep, i've got that much
mircea_popescu: it's basically "i will pay out whatever X so called asset pays out"
mircea_popescu: if your credit is better than the issuer's this then gives investors incentive to buy your synthetic rather than the original, starving scams of cash.
pankkake: the goal was to short those assets?
mircea_popescu: very disruptive, especially as nobody readily imagined such a thing can even exist.
nubbins`: were PMBs not generally recognized to be dog turds back then?
mircea_popescu: pmbs were generally recognised to be dog turds back then about to the degree hearn is recognised as a dog turd today.
nubbins`: so... you offered a cheaper turd to undercut the turd salesmen?
nubbins`: srsly struggling to understand here
mircea_popescu: read the forum sometime, people really thought it's the path to glory.
nubbins`: oh yeah, people lapped 'em up despite people SCREAMING that they were bad ideas
nubbins`: i mean, fucking eskimo bob was telling people not to buy them
mircea_popescu: they for instance had massive issues with shorting. mental issues.
mircea_popescu: of the sort that bubble up even today, with the braindamaged "trading closed for ipo" nonsense.
mircea_popescu: there's some schmuck from the early days plainly stating it in some thread, "the ipo is not for investors to make money but for the company to make money" or somesuch.
assbot: [HAVELOCK] [PETA] 5 @ 0.04897964 = 0.2449 BTC [-]
mircea_popescu: anyway, in the case there : at the time the difficulty had gone up maybe 50% over 3 months, the dividends were mostly absent and the thing still traded "At price"
mircea_popescu: because that's what counted for a market back then, a buncha forum tards being friendly
mircea_popescu: after the synth price normalised and soon enough it was in the shitter.
mircea_popescu: and meni rosenfeld moved on to to obscure turd pushing with what was going to become bitdaytrade
nubbins`: oh yeah, kraken still hasn't verified my false info
mircea_popescu: they really seemed like they're competent for a while.
mircea_popescu: benkay "Predictably1, BS&T failed to issue the number of bonds they'd committed to, and Popescu was relieved of his obligation to pay out on the above synthetics."
mircea_popescu: the thing opened, all full of trepidation, abunch were bought
benkay: those are additional facts, sure
benkay: but BS&T did fail to issue the number of promised bonds, and you were relieved of your obligation were you not?
benkay: so what happened at expiration?
B007: guys how do I get rich?
mircea_popescu: benkay nothing because iirc i was holding the whole load.
mircea_popescu: B007 you get your words very well defined and your questions super sharp
mircea_popescu: by the time you're done with that you're rich already and don't even know when you bought copumpkin a new bionic girlfriend/maid.
assbot: [HAVELOCK] [NEOBEE] 330 @ 0.0030016 = 0.9905 BTC [-] {5}
benkay: nasty mining is still a thing, innit? can't say as I've gotten much past april 2012
B007: mircea_popescu: I think then you just die from a dictionary
B007: mircea_popescu: do you ever use otr
B007: mircea_popescu: cool
ozbot: Beware: Bitcoin casino is cheating, changes outcome of their roulette
mircea_popescu: "Their roulette is technically provably fair and they are publishing complete results from previous day. But they are cheating in such naive way that they simply change outcome of roulette game when needed and later in published results from previous day they show different outcome, which is correct one but was not used."
B007: I'm going to go play games
mircea_popescu: i mean back before roosevelt i could understand it, being poor meant fucking starving.
B007: it is the new trend
mircea_popescu: but today ?! what difference does it make, 99% of all derps live in the same exact conditions anyway
duduqa: "<mircea_popescu> but today ?! what difference does it make, 99% of all derps live in the same exact conditions anyway" - this
Duffer1: i don't want stuff or things, i just want my mom to retire
Dimsler: only way to become rich these days is to steal it
mircea_popescu: what work. not like you go dig up coal in a mine or anything.
B007: I have never worked so far
mircea_popescu: derping about with a purpose is necessary for your sanity.
ozbot: Bitcoin Federation of SPACE
assbot: [HAVELOCK] [HMF] 9 @ 0.0284 = 0.2556 BTC [+]
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
assbot: [HAVELOCK] [B.MINE] 3 @ 0.07299999 = 0.219 BTC [-]
mircea_popescu: talk about graceful degradations : tweets including references to #bitcoin-assets are auto-hashtagged "bitcoin" because that's how their parser works.
assbot: [HAVELOCK] [AM1] 5 @ 0.52 = 2.6 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.531 BTC [+]
benkay: w/r/t proofing mircea_popescu, i learned from you to just write the thing, post it, and come back and tweak it if necessary later
Jere_Jones: ThickAsThieves, are you still providing escrow services?
benkay: mircea_popescu relevant posts updated. thanks for the proofing ;)
assbot: [MPEX] [S.MPOE] 32076 @ 0.00085807 = 27.5235 BTC [+] {3}
Jere_Jones: Ok. I was looking for a one-off escrow.
assbot: [HAVELOCK] [B.MINE] 10 @ 0.07344999 = 0.7345 BTC [+] {6}
assbot: [HAVELOCK] [AM1] 2 @ 0.51000201 = 1.02 BTC [-]
Jere_Jones: I'm looking to swap some real btc for gox btc as I believe that, eventually, I will be able to withdrawl.
benkay: wow that's a bold position
benkay: you must have coins to burn.
Jere_Jones: I have coins that I don't need available immediately.
mircea_popescu: that is possibly the most insane thing i heard ever since i heard of people "buying pirate debt"
mircea_popescu: also, you need someone with a gox acct to escrow for you neh ?
Jere_Jones: The escrow would hold the btc I send until I confirm receipt of the goxBTC.
mircea_popescu: yeah, and then what's the op to do ? you get the goxbtc and claim you didn't.
PierreCPA: Do you have a contingency plan if they go enter into bankruptcy? You have experience with the Japanese bankruptcy system and creditor claims?
PierreCPA: thank you, I was going to sit back and lurk but had to ask that haha
assbot: [HAVELOCK] [AM1] 4 @ 0.53099995 = 2.124 BTC [+] {2}
Jere_Jones: No contingency. Just a belief that the problems are technical, not solvency. From what I can tell, mtgox is incompetent, not broke.
deadweasel: fractional reserve falling apart, more likely.
PierreCPA: Ah, I see, what's your belief based on?
mircea_popescu: how long does the average incompetent lotto winner take to be broke ? eh ?
assbot: [HAVELOCK] [AM1] 15 @ 0.53592003 = 8.0388 BTC [+] {6}
Jere_Jones: It is based on what I know of MtGox's backend, the transactions that are getting stalled, and how easy it would be to write a system to cause those problems.
assbot: [HAVELOCK] [AM1] 9 @ 0.537267 = 4.8354 BTC [+] {2}
truffles: what about problems outside of their control
Jere_Jones: Oh, I am not of the belief that they have every dollar they should. I am just of the belief that I'll be able to get my coin out before the bottom falls out.
deadweasel: i hadn't saved a gif link in years. that ws too good
deadweasel: i think antibiotics killed the lyme, im' got post-lyme disease syndrome, immune systems continues to battle invisible enemies
deadweasel: you talking about bacteriophage, right?
deadweasel: haven't had to do it. nice to have it all ready in case of freak outbreak of something new. 3 weeks to a new phage, give or take.
assbot: [HAVELOCK] [RENT] 139 @ 0.0055 = 0.7645 BTC
deadweasel: lyme ticks here have evolved to stay active in winter..
deadweasel: never see these, gotta look everywhere, because they have numb bites.
deadweasel: until they fill with your blood and screw into your flesh
assbot: [MPEX] [S.MPOE] 28550 @ 0.00086235 = 24.6201 BTC [+]
benkay: now with discussion of mike_c's "you can raise it but you can't spend it"
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
mircea_popescu: benkay speaking of that discussion, this month is quite the reverse.
truffles: benkay is that answer to my ? ^^
mircea_popescu: "oh if only we had spent btc at 1200 to acquire real goods now worth 2x in btc"
benkay: the curse of volatility.
benkay: "you can raise it, but now you have to spend it optimally"
mircea_popescu: moreover, an important point to be considered is that the real assets of btc corps act as an absolutel bottom in the btc exchange.
benkay: oh minigame's looking to burn some cash?
mircea_popescu: no, but i gotta follow up with something for investor's benefit.
mircea_popescu: after last month's haha aren;t you glad we didn't spend anything
BingoBoingo: mircea_popescu: You finally bought the Eve devs?
nubbins`: nasty mining is, i believe, still a thing
benkay: well in three months time it'll be back to 'aha aren't you glad we didn't spend anything' again
mircea_popescu: benkay either that or "sorry, but we had to spend it eventually"
benkay: this is what executive leadership is for. deciding when to burn the btc.
benkay: naively, at the last possible moment. more sophisticatedly, at the right time.
BingoBoingo: mircea_popescu: But you can feed devs pouridge and give it a fancy name like Soylent, its rather cheap. The zoo's Lions would be malnourished.
mircea_popescu: the executive leadership is for taking the burns once it blows up
benkay: ah, sorry? as in taking the burn for not spending btc at the right time?
PierreCPA: mircea_popescu reasonable approach. It does remove the BS parts of GAAP, but it also does not address complex issues like consolidation of partially owned subsidiaries, revenue recognition for installment contracts, etc...
assbot: [HAVELOCK] [AM1] 1 @ 0.537267 BTC [+]
mircea_popescu: hopefully more of that stuff can go in as more of your profession start being available for the corps to do the stuff.
mircea_popescu: i think tho the consolidation of subsidiaries can be done easily by a) disalowing unlisted subsidiaries and b) mark to market.
PierreCPA: Yes, it's happening, we just need demand from clients before doing anything really
mircea_popescu: you need to be in the wot and have a reputation before you'll get demand from any clients
mircea_popescu: and the actual clients, of course, but that's slowly coming into place.
PierreCPA: agreed, problem is there can be no overlap between accountants serving large companies (and these are generally the high quality accountants), and accountants serving Bitcoin non-SEC listed companies, due to liability
PierreCPA: so that firewall slows things down
PierreCPA: so the demand has to come from "compliant" mainstream companies wanting to get in the game
mircea_popescu: with the mention that those WERE the good accountants. they won't be, in a decade or two.
mircea_popescu: nah, non-compliant corps will crush the entire system, from sec down to all corps and their subcontractors.
benkay: far better to save up some cash and be the premiere btc accountant.
PierreCPA: Perhaps, though I think we'll call them "accounting system developers", accounting will be done entirely 100% by computers
benkay: disconnect from the doomed fiat systems.
jurov: Jere_Jones use this as escrow: bitbet.us/bet/751/mtgox-out-of-business-in-2014/?ref=1EteoRKNYbNhhmFfsKnUSWRF3JUpKCcMnc
PierreCPA: what's a good metric for seeing the size of non-compliant corps? i.e. is their someone summing the mkt caps?
assbot: [HAVELOCK] [B.SELL] 1 @ 0.121 BTC [-]
nubbins`: i was about to ask Jere_Jones if he had a seller of goxbtc lined up
nubbins`: but then i realized that's probably not hard to find
nubbins`: depends on if you want to play chess
nubbins`: i kid! but i actually to have to pick up rent
gribble: Premium of MtGox over Bitstamp is currently -4.33866400355 %.
nubbins`: later in the evenings is better
truffles: what time is evening? est cst?
truffles: guess we'll have to wait til things shift
jurov: oh, there's parasigm shift already?
jurov: and where is it scheduled to shift?
mike_c: good article benkay. it's crazy (but not surprising) that havelock is messing around with the ipo structure.
jurov: oh they do. and if issuer is borderline competent, they in turn don't understand him
jurov: (of bitcoinbourse.eu infamy)
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
jurov: what pankkake? you invested there too?
pankkake: no, but I'm always annoyed to see those people are still operating