⏐︎ 24127
the20year: COrrect
Namworld: Spray of bullets could also work.
KRS-One: ;;lasers
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.
the20year: but magic
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
asciilifeform: last i heard, moscow is still covered by '50s-style mini-nuke launchers.
the20year: SS21 can have 20 warheads, 17 are dummies, 3 are real
the20year: *20 warheads per missile
the20year: At 50 missiles launched, thats 1,000 warheads coming down on your country
asciilifeform: basic problem is, the answer to a 'defensive' missile is always cheaper than itself
asciilifeform: (decoys)
Namworld: Bullet sprays
mircea_popescu: "Strategic missile defense might therefore very well constitute the worst investment-return ratio of any major military system in U.S. history"
mircea_popescu: such bs this.
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.
asciilifeform: the20year: it'll be ground-burst. because fedex, rather than ballistic, delivery vehicle.
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: F35 is likely the worst
mircea_popescu: ahahaha
mircea_popescu: yeah, that. i remember that.
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
mircea_popescu: (yet)
the20year: OR we could have brought the F23 into production, and done the same thing
asciilifeform: or boat. great lakes, as suggested by V. N. Chelomey.
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: china is a threat.
KRS-One: ^
mircea_popescu: (cause obviously, the hypersonic missiles in discussion are chinese tech)
BingoBoingo: Dimsler Maybe?
asciilifeform: btw people fundamentally misunderstand the chinese rocket in the link.
asciilifeform: the whole point is to fly below radar
asciilifeform: you know it was there when the payload pops.
Dimsler: lol
Dimsler: who call my name
the20year: There supposedly is a YF23 version that was carrier capable, at a unit cost still well under the F35
Namworld: http://www.youtube.com/watch?v=cgpQBZF2sZQ
ozbot: Phalanx (CIWS) Block 1B LPWS Testing and Firing - YouTube
Dimsler: mig 29 for life
BingoBoingo: Mig 25 is best mig
mircea_popescu: BingoBoingo actually it was some random journofuckwit. http://trilema.com/2014/most-wrong-and-absolutely-wrongest/
BingoBoingo: AH
the20year: mig 3
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.
the20year: eh , they're about the same
BingoBoingo: And bullets can only go so far up
the20year: they have a range of about 2mi
mircea_popescu: basically a steel mesh would be better than a bullet in this configuration.
the20year: They have those
mircea_popescu: especially if the wind makes it vibrate.
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.
asciilifeform: just looked out the window. no steel mesh dome over wash., d.c. yet.
mircea_popescu: but... you don't know where the thing will be.
asciilifeform: must be behind schedule.
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: you can't see that fast.
Namworld: What do you mean by that?
asciilifeform: on top of it all, the earth... is round.
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
asciilifeform: no one even tangentially involved with u.s. mil. work has any real doubt as to the actual purpose of 'missile defense' crap.
mircea_popescu: i didn't think we did either.
asciilifeform: just in case.
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: it's a problem in that you can't...actually...see it.
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
mircea_popescu: the fist isn't coming from 3 miles away.
asciilifeform: let's do gedankenexperiment. ☟︎
Namworld: I never said a human would need to react to it.
asciilifeform: imagine you possess a death ray that magically zaps a rocket, from any distance. ☟︎☟︎
asciilifeform: death ray must be physically aimed.
asciilifeform: so now you need a certain number of them, to cover however-many steradians sector of fire.
asciilifeform: a death ray can zap one rocket at a time.
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?
asciilifeform: all enemy needs to do is fire enough rockets simultaneously...
mircea_popescu: Namworld the human eye is much better than tech ersatzes.
asciilifeform: keep them coming until the death rays cannot keep up
mircea_popescu: asciilifeform the salmon strategy, by its scientific name.
asciilifeform: rocket is cheaper than any conceivable 'death ray' or other countermeasure.
asciilifeform: correct.
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...
asciilifeform: russians (and, at one point, americans) were willing to pop nukes over their own city at one point
mod6: ATC: 1G34X8K9LYsZMn4dQ4e7HFe5V127zV6Ln6
asciilifeform: but that was mainly to delay the inevitable
asciilifeform: and survive long enough to get a return-shot in.
BingoBoingo: KRS-One: The shark is too valuable on the plate and in the soup bowl to give it a laser
KRS-One: sharks dont need fuel
asciilifeform: rather than defense in the usual sense of the word.
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
mircea_popescu: who needs fixed points and for what the fuck.
KRS-One: ok fine i just happen to have a dream of owning my own shark tank with laser rays for my enemies ok?
mircea_popescu: what "cities"
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
mircea_popescu: a practical mind.
asciilifeform: 'no city is defended whose walls can admit an ass loaded with gold.'
chipug: http://www.thinkgeek.com/product/f2eb/
ozbot: ThinkGeek :: Shark With Frickin' Laser Pointer
asciilifeform: (or a fedex truck...)
assbot: [HAVELOCK] [NEOBEE] 35 @ 0.00308199 = 0.1079 BTC [+] {2}
mircea_popescu: http://24.media.tumblr.com/tumblr_mcvn7kPpmk1r8ra1ho1_400.jpg
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.
BingoBoingo: KRS-One: I've never considered that
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.
mircea_popescu: BingoBoingo her looking good is the abnormal part.
KRS-One: i know, right?
BingoBoingo: Yes it is.
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: its blue
mircea_popescu: high power lasers are usually blue
KRS-One: he said there are way more powerful onees.
mircea_popescu: ya but none are red.
KRS-One: you can cause some major mischief with one..only limited by your imagination really.
KRS-One: ,bait
KRS-One: http://i.imgur.com/WKi8XWS.jpg
assbot: [HAVELOCK] [CBTC] 1490 @ 0.00013418 = 0.1999 BTC [+]
Duffer1: almost clicked
BingoBoingo: .bait
ozbot: http://24.media.tumblr.com/f7dce41af0d5d67220df3ba49b7436f2/tumblr_my91exllou1rlftbao1_1280.jpg
pankkake: .bait
ozbot: http://31.media.tumblr.com/e36721decc3fc6dc410e22210ce708eb/tumblr_mxrjuivsBp1soukswo1_1280.jpg
mircea_popescu: ;;later tell bugpowder https://bitcointalk.org/index.php?topic=449354.msg5006812#msg5006812 << all the good work you're doing. want some atc ?
gribble: The operation succeeded.
Bugpowder: I aim to serve
mircea_popescu: o hello
Bugpowder: I take DOGE
mircea_popescu: somehow i thought you weren't here lol
mircea_popescu: hahaha i has no doges ;/
mircea_popescu: but i tell you! it's great to have a token worthless internet funbux currency to throw around
mircea_popescu: you know, the way bitcoin USED TO BE
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
mircea_popescu: that satoshis ?
Bugpowder: yah
mircea_popescu: don't be a fool, atc is actually like 100-150
Bugpowder: atc is a mythical alt currency inside joke?
mircea_popescu: mhm.
Bugpowder: sigh
mod6: oh? thought 1.0 ATC ~ 0.00000150 BTC
mircea_popescu: mod6 that'd be ~150 satoshi neh ?
mircea_popescu: a, i was talking to him re the 35 44
Bugpowder: I hear ATC is now pegged to the DOGEer.
mod6: yeah, so figure for 100k ATC... be about .15 btc total?
mod6: oh ok.
mod6: srry.
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.
mircea_popescu: which... myeah.
Dimsler: i didn't know this was a trading floor for garbage?
Dimsler: oh wait
BingoBoingo: That would make my balance 31337
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: pankkake not like i forced them use a dumb pow
mircea_popescu: a gallon is a gallon if you carry it in the truck or on the back.
pankkake: so more hashes is better
mircea_popescu: definitely.
pankkake: not the size of the hash
pankkake: so hashes are not boobs
pankkake: interesting
mircea_popescu: no hashes are phone numbers.
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
ThickAsThieves: quoting
ThickAsThieves: godin*
Bugpowder: Well, I think there is a real market opportunity for localaltcoins.com.
mircea_popescu: coelho is one thing, but godin...
ThickAsThieves: “Instead of wondering when your next vacation is, maybe you should set up a life you don't need to escape from.”
ThickAsThieves: ― Seth Godin
mircea_popescu: dun be killing this thing.
ThickAsThieves: lol
mod6: ;;view
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.)
mircea_popescu: Bugpowder perhaps, but maybe not in the us.
mircea_popescu: it'd certainly be a great party thing to do.
ThickAsThieves: “If you can’t state your position in eight words, you don’t have a position. ”
ThickAsThieves: ― Seth Godin
ThickAsThieves: perfect
mircea_popescu: seth godin is an intolerable fartsniffing retard
mircea_popescu: don't even need 8.
ThickAsThieves: lol
mod6: haha
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
ThickAsThieves: I was thinking about banning russia from ATC
mod6: fight back
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
gribble: The operation succeeded.
mod6: oh shit. lol
mircea_popescu: ThickAsThieves you could ban new jersey
mod6: whoops, should have removed that ';;
ThickAsThieves: or added it to that comment
mod6: sorry nano
ThickAsThieves: i went to new jersey. once.
ThickAsThieves: everyone i met was a special kind of fucked up
pankkake: Breaking news: Altcoin not banned in Russia
mod6: sweet, hook me up
ThickAsThieves: Altcoin can't be banned, it does the banning
ThickAsThieves: like today, it banned me
mod6: http://www.youtube.com/watch?v=RDoaf5Vnh7s
ozbot: Hitler's Maxcoin Rant - YouTube
mod6: :)
ThickAsThieves: was there an epic maxcoin failure?
BingoBoingo: ThickAsThieves: It's origin?
ThickAsThieves: well
mod6: *shrug*
ThickAsThieves: this hitler video, lol
assbot: [MPEX] [S.MPOE] 9150 @ 0.00086405 = 7.9061 BTC [-]
mircea_popescu: ThickAsThieves yeah.
ThickAsThieves: http://www.seattlepi.com/entertainment/tv/tvguide/article/Report-Philip-Seymour-Hoffman-to-be-Digitally-5214202.php
mircea_popescu: https://bitcointalk.org/index.php?topic=452662.0;all
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
gribble: The operation succeeded.
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?
b0n1: aka romania
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
gribble: The conference, second edition pe Trilema - Un blog de Mircea ...: <http://trilema.com/2013/the-conference-second-edition/>; Mai 2013 pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2013/05>; Emmanuel Farhi - IMF: <http://www.imf.org/external/np/res/seminars/2013/arc/pdf/farhi.pdf>
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: likely a funds seizure
Duffer1: at best, fractional reserve loss at worst
b0n1: jurov what do you mean?
b0n1: the first one?
jurov: the first link
jurov: from google
Duffer1: http://trilema.com/2013/the-conference-second-edition/ b0n1
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
randomcloud: Hey, is BingoBoingo here?
jurov: look into Budapest destination
jurov: instead of Timisoara
b0n1: give me a good reason for the price?
jurov: me? ask mp
b0n1: mircea_popescu`
b0n1: ?
jurov: yes
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...
Duffer1: b0n1 = jimmothy
jurov: just register as non-vip, the hotel rooms and meals are not very expensive
Duffer1: it's not 10btc
b0n1: how much?
jurov: i'm trying to exaplin it's in usd, too, but b0ni is already freaed out
Duffer1: 1740$ usd
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:
b0n1: 1. I dont go
b0n1: 2. I go as VIP
jurov: 3. register
jurov: 4. show up
mod6: oh, maybe Im wrong actually. i read it like a year ago.
jurov: mod6 stfu
jurov: I paid only 5 because the rate went up
mod6: lol
jurov: you're causing unnecessary outrage :D
b0n1: I really cant believe davout paid 10 btc to go there...
jurov: who knew
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.
Duffer1: am i wrong?
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?
mircea_popescu: because every person involved was an imbecile ?
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: ...
mircea_popescu: really ?
Duffer1: what am i missing?
mircea_popescu: i can't begin to guess. what do you mean it doesn't adequately explain ? idiocy is adequate explanation for ANY behaviour
mircea_popescu: that's pretty much its only redeeming quality.
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 ?
theo__: Whats with the Cbtc having such huge buy orders? https://www.havelockinvestments.com/order.php?symbol=CBTC most other shares don't have anywhere near that amount. Anyone provide some guidance at all?
Duffer1: fees on trade volume
mircea_popescu: eh get out of here.
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.
mircea_popescu: they didn't manage to actually make money on it.
mircea_popescu: which is why all teh butthurt.
Duffer1: i've heard that accusation, i haven't seen support for it
mircea_popescu: fascinating.
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?
mircea_popescu: chipug not that many.
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.
ThickAsThieves: i wanted to go, but personal life does not allow
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: indeed.
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
mircea_popescu: now there's milk all over the floor
mircea_popescu: fucking government.
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.
b0n1: why?
mircea_popescu: because it's ridiculous ?
b0n1: why?
ThickAsThieves: maybe start with it isnt
ThickAsThieves: why*
mircea_popescu: cause you can't be someone without being someone wth.
mircea_popescu: how to get laid without getting wet ? what is this! are we 12 ?
b0n1: ...
ThickAsThieves: on occassion
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.
ThickAsThieves: ;;ticker
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
ThickAsThieves: btc is dead, long live atc
mircea_popescu: omg look at that, doge killed btc
mircea_popescu: no sorry, it was mxcoin or what's it called
mircea_popescu: https://bitcointalk.org/index.php?topic=289730.msg5004286#msg5004286
mircea_popescu: o look at that.
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...
mircea_popescu: i dunno what you meant to say.
assbot: [HAVELOCK] [RENT] 130 @ 0.0055 = 0.715 BTC
chipug: theres max coin and then that parody me coin popped up yesterday on twitter
mircea_popescu: which one ?
chipug: https://twitter.com/MaxScheisse
ozbot: The Scheisse Report (MaxScheisse) on Twitter
mircea_popescu: hahahaha
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 [+]
mircea_popescu: maybe blog a summary.
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.
mircea_popescu: i mean just how us can you get already.
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.
chipug: wtf!
chipug: do his kids know?
mircea_popescu: that's not covered.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12829 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
mircea_popescu: http://www.rawstory.com/rs/2014/02/06/house-speaker-john-boehner-no-immigration-reform-until-obama-rebuilds-trust/
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.
mircea_popescu: this is like... a constitutional crisis neh ?
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 ...
the20year2: yep
assbot: [MPEX] [S.MPOE] 14833 @ 0.00086814 = 12.8771 BTC [+]
duduqa: ;msg nickserv identify manolaum
punkman1: doing it wrong
BingoBoingo: ;;ticker
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
Diablo-D3: ;;ticker --market coinbase
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: there's really nothing.
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...
mircea_popescu: i doubt this is ever getting fixed, either.
asciilifeform: just 5 guys signed up for MP's party?
assbot: [HAVELOCK] [RENT] 400 @ 0.0055 = 2.2 BTC
asciilifeform: (do most people typically come by surprise? i've no idea, not having been to his house before)
mircea_popescu: well, plus all the womenz, 24 people. plenty n'est pas ?
asciilifeform: aha
mircea_popescu: asciilifeform nah, there were like a coupla dozen ppl last time
asciilifeform: re: btc exchanges: i'm still waiting for the day of tyrannical bans, when we stuff in cash / receive 'jackpots' from 'malfunctioning' soda machines to convert fiat.
mircea_popescu: hahaha
asciilifeform: (they all have ethernet plugged in already, no?)
mircea_popescu: o dude that's a splendid idea
mircea_popescu: the soda malfunction thing could be in a great blond movie
asciilifeform: ideas, so cheap.
asciilifeform: action, so costly.
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.
asciilifeform: i can picture it already.
asciilifeform: or even something in the style of that 'nazi donald duck' cartoon.
asciilifeform: https://www.youtube.com/watch?v=MReV9dkAVhY
chipug: did you hear about the poor wee 5 y/o who died after drinking soda?
asciilifeform: strike that
asciilifeform: https://www.youtube.com/watch?v=S-PZVrWvJM0&list=RDMReV9dkAVhY
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: parents being done with murder http://news.sky.com/story/1208013/girl-dies-after-being-forced-to-drink-soda
chipug: excuse the sky news link
mircea_popescu: who force kids to drink soda
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
asciilifeform: am i the only one who thought of conan doyle's 'the leather funnel' after reading that ?
asciilifeform: http://www.eastoftheweb.com/short-stories/UBooks/LeaFun.shtml
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.
asciilifeform: drowning sounds more like it
asciilifeform: esp. if they used funnel.
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.
chipug: maybe so
Dimsler: whose randal
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
mircea_popescu: chipug yes. you taste with your nose.
Dimsler: lol
Dimsler: grape drink
chipug: i can only see them used with reds
chipug: when did they world fall out of love with ornate things
mircea_popescu: chipug when women started going to work.
chipug: sad times
chipug: can i go back to before but keep the tech?
mircea_popescu: yep
chipug: win, i'm in
mircea_popescu: i think it's pretty much where it;s headed.
chipug: think women have changed their minds about working
ThickAsThieves: so have men tho
asciilifeform: pet wife reading this seems to agree
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
mircea_popescu: settle down
mircea_popescu: life can proceed more balancedly.
ThickAsThieves: ATC holding steady at 150 https://bitcointalk.org/index.php?topic=443108.msg5010750#msg5010750
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!
ThickAsThieves: http://s.wsj.net/public/resources/images/BN-BK855_USPS02_E_20140207185423.jpg
mircea_popescu: o look, the usps dildo
mircea_popescu: it looks... functional.
mircea_popescu: 150 is a large amount of price.
ThickAsThieves: it's a large amount of alt
chipug: i wish i could mine
mircea_popescu: why can't you ?
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?
mircea_popescu: ;;calc 31337/1337
gribble: 23.4382946896
chipug: i'd be as well using a calculator than this laptop mircea_popescu lol
mircea_popescu: lol bitcoin is the ultimate in candy i swear.
mircea_popescu: i imagine there's thousands chipugs out there going eeeeehnnnn!
BingoBoingo: chipug: Scotland still has coal somewhere right?
chipug: lololol
chipug: BingoBoingo: probably
asciilifeform: somebody should dredge up that old javascript miner.
asciilifeform: from '09 (?)
asciilifeform: i'd do it myself but i'm up to my neck in strange.
asciilifeform: (and if some joker already hooked up the asics, it'd be pointless)
ThickAsThieves: so what do you think of "alms" for satoshis
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"
asciilifeform: BingoBoingo: a tad bit late for the js miner then.
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
ThickAsThieves: punkman1, lol
ThickAsThieves: but both have meaning
BingoBoingo: Maybe I should go to Sochi and mine stray Doges
chipug: i think this one is more fitting?
copumpkin: BingoBoingo: much sad :( wow
ThickAsThieves: actually
chipug: are there less people turned up to sochi than normally do for the olympics?
ThickAsThieves: alter = change = fractions of an altcoin
ThickAsThieves: it means change LITERALLY
chipug: ^ fair point
assbot: [HAVELOCK] [RENT] 80 @ 0.0055 = 0.44 BTC
the20year2: Two more hookers for me
the20year2: we've raised enough money today to hold a pretty serious party, like a big bag of blow
ThickAsThieves: lol
BingoBoingo: I wonder what sort of transport I'd need to move 31337 doges mined in Sochi?
asciilifeform: BingoBoingo: pack the skins in a crate?
punkman1: dogesled of course
BingoBoingo: asciilifeform: That might be the most efficient option.
assbot: [HAVELOCK] [SFI] 200 @ 0.0008 = 0.16 BTC [+]
asciilifeform: besides, they needn't travel far. chinese will 'convert them to rabbits and squirrels' for hatters.
mircea_popescu: isn't the doge some japan dog ?
chipug: shiba inu
copumpkin: a.k.a. shiba dog
BingoBoingo: asciilifeform: They probably pay better than people trading on Cryptsy do
mircea_popescu: more like a fox than a dog really
mircea_popescu: isn't this the dog that catlicks itself ?
chipug: that's the japanese chin
BingoBoingo: mircea_popescu: Yeah, that one
chipug: chin is japanese for cat-like
copumpkin: inu = dog
chipug: http://upload.wikimedia.org/wikipedia/commons/b/b8/Japanese_Chin_portrait.jpg
chipug: they ^ wash like cats
mircea_popescu: ow god
mircea_popescu: that's one ugly w/e it was
chipug: lol i know right?
chipug: i really would like one
punkman1: would reddit love anything other than the worst dog?
mircea_popescu: punkman1 maybe an octopus ?
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.
mircea_popescu: chetty i hear they're very smart.
ThickAsThieves: hello hplshuehue
punkman1: i love octopus
punkman1: kinda hard to get it right on the grill though
chipug: punkman1: maybe Ug: http://www.vh1.com/celebrity/bwe/images/2010/12/UGLIEST-DOG-IN-BRITAIN-01.jpg
chetty: and if you get hungry ....
BingoBoingo: http://www.youtube.com/watch?v=FFOEZh1Lbbg
ozbot: Giant Octopus Eats Sharks at Aquarium - YouTube
mircea_popescu: whoa. lasers involved ?
hplshuehue: Thank you, Mr. Mircea Popescu, and thanks everyone for helping the growth/spread/development of bitcoin
chipug: Hello hplshuehue :)
chetty: Hiya hplshuehue
hplshuehue: Hi there
punkman1: hplshuehue: you posted your nickserv password earlier, just in case you didn't notice
hplshuehue: yes
hplshuehue: so lame
hplshuehue: I won´t use that nick anymore
hplshuehue: I gave up a more enthusiastic participation in the brazilian bitcoin community
hplshuehue: sadly because of fear of Leviatan´s heavy hand
punkman1: expecting bad news in Brazil?
chipug: hplshuehue: you should change your password just so no one else can use it either
hplshuehue: right
hplshuehue: let me do so
hplshuehue: ;quit
chipug: oh i didn't mean him to go!
mircea_popescu: now who's gonna fix our glands.
chipug: lol sorry! i think he will be back!
chipug: let's hope your glands can hold out a bit mircea_popescu :P
mircea_popescu: my sleep glands are inflamed.
chetty: I wanna hear whats up (down) in Brazil
mircea_popescu: so i guess we see about it tomorrow
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
chetty: I think mp just left
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
Perlboy: punkman1, up by $500 ?
BingoBoingo: Perlboy: Up to $5000
BingoBoingo: With steps along the way
duduqa: well, I´m the same hlpshuehue
duduqa: changed the password
duduqa: thanks for being nice
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
BingoBoingo: Perlboy: Based on assbot.
Perlboy: punkman1, well, see we have been and multiple people came to different conclusions. :)
the20year2: http://bitbet.us/bet/617/and-then-there-was-one/
ozbot: BitBet - And Then There Was One
punkman1: who's this we
BingoBoingo: ^^
BingoBoingo: Different wee wees come in different sizes and abilities
chipug: lol
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!
duduqa: bye bye
Namworld: bye
punkman1: Scuola di Assets http://upload.wikimedia.org/wikipedia/commons/9/94/Sanzio_01.jpg
assbot: Last 1 lines bashed and pending review. (http://dpaste.com/1591949/plain/)
BingoBoingo: !b 1 ✂︎
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"
punkman1: cool
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}
stevokebar: im seeing 78534-69995=8539 sold
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 [+]
kakobrekla: mornin
benkay`: hi kakobrekla. power and water ok?
KRS-One: .bait
ozbot: http://25.media.tumblr.com/tumblr_m26p37sj6z1rp8c9ao1_500.jpg
KRS-One: Thats like my dreamgirl.
KRS-One: Almost.
KRS-One: .bait
ozbot: http://31.media.tumblr.com/tumblr_m1chkwU3bN1qzgtffo1_1280.jpg
KRS-One: .bait
ozbot: http://24.media.tumblr.com/tumblr_m3upnl0szU1qcmkeso1_500.png
KRS-One: .bait
ozbot: http://31.media.tumblr.com/tumblr_m42hu7VZTC1qfuc60o1_500.jpg
KRS-One: da fuq..that one bitch is only half boobin it..
KRS-One: must be half-time.
KRS-One: must be half-time.
KRS-One: .bait
ozbot: http://24.media.tumblr.com/tumblr_lyk0igIWP31r1g6xio1_500.jpg
KRS-One: .bait
ozbot: http://25.media.tumblr.com/tumblr_m3a03hfuVd1qhj8a7o1_500.jpg
KRS-One: http://shouldipanicsell.com/
ozbot: Should i panic sell ?
jayk: .bait
ozbot: http://24.media.tumblr.com/tumblr_m3xjbqTynb1qbm0ano1_1280.jpg
kakobrekla: benkay` no :(
kakobrekla: cold water, no power.
assbot: [HAVELOCK] [DEALCO] 188 @ 0.00468475 = 0.8807 BTC [+] {5}
KRS-One: wtf kakobrekla
kakobrekla: m?
benkay`: how'd you manage to get online?
kakobrekla: power generator and a few ups
benkay`: fuel drops too?
kakobrekla: power generator and a few ups
kakobrekla: ops
kakobrekla: what do ya mean fuel drops
kakobrekla: fuel i can get
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}
chetty: http://www.zerohedge.com/news/2014-02-07/guest-post-running-away-reality
ozbot: Guest Post: Running Away From Reality | Zero Hedge
Vexual: http://www.youtube.com/watch?v=53uEPkUxvTM
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}
Vexual: http://www.youtube.com/watch?v=KR_u0JUYxfg
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.
gribble: The operation succeeded.
kakobrekla: no fuel drops
kakobrekla: http://hugelolcdn.com/i/240652.gif
Vexual: best gif evar
kakobrekla: hehe
herbijudlestoids: hullo lads
Vexual: i say it with a j out of respect for expert groups
Vexual: hey herbi
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`: not.
benkay`: hey herbijudlestoids you're some sort of quant, correct?
herbijudlestoids: some sort, yea, why
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 ;)
benkay`: what with your charts etc
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
Vexual: brb
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?
herbijudlestoids: we are first to market in aus, basically
herbijudlestoids: small now, big soon ;)
benkay: virtualization as a service?
benkay: what are your prices?
herbijudlestoids: full IaaS stack
benkay: plz.
herbijudlestoids: we dont provide a public cloud benkay, we build the public cloud for companies that want it ;)
herbijudlestoids: really?
herbijudlestoids: one sec
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
herbijudlestoids: took off from there
herbijudlestoids: benkay: how do i get this PDF to you
benkay: benkay@gmail.com
benkay: i'm not precisely hiding from anyone, you see.
herbijudlestoids: sent
herbijudlestoids: might not be the latest ver but should be close to
benkay: nah its great
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: thx :)
herbijudlestoids: sooo...lets talk BTC mining ROI
benkay: no no no no
kakobrekla: lmao
herbijudlestoids: because, for amusement sake i have been keeping track
assbot: Last 4 lines bashed and pending review. (http://dpaste.com/1592159/plain/)
kakobrekla: !b 4 ✂︎
herbijudlestoids: and last night i actually noticed there were miners for sale that were ROI more BTC than they were worth
herbijudlestoids: i found a 100GH/s 28nm miner selling for 0.83BTC
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
punkman1: could mine ATC with it
benkay: i suspect it's a dead box hashing.
herbijudlestoids: benkay: whats dead box hashing?
benkay: now there's a thought - downcycle worn-in BTC asics on the altchains...
benkay: ...
benkay: "dead man walking"
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.
herbijudlestoids: but the machines only just came out?
benkay: is it new in box?
benkay: un touched?
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"
herbijudlestoids: this isnt the exact one i saw, but yea, sold as new http://www.ebay.com.au/itm/Prospero-X-1-100Gh-s-Bitcoin-Mining-ASIC-Miner-New-In-Box-/111270548942?pt=AU_Components&hash=item19e83dd5ce
punkman1: these folks are multiplying
benkay: ah
benkay: well a) it's a pre-order
herbijudlestoids: nope, check the page
punkman1: says late-april
benkay: uh
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: ahh mhmhmhmm
herbijudlestoids: there is a bit down the bottom where the guy says something about having 10 of them
herbijudlestoids: maybe i misread
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
herbijudlestoids: just misread it
benkay: hey you guys you guys check out https://macys.com
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!
Vexual: lol
herbijudlestoids: uhoh
herbijudlestoids: vex got into the vodka
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
kakobrekla: you need balls for that
Vexual: ouchie
benkay: and we've all seen how you play chess
Vexual: indeed, its evident
benkay: http://www.planetary.org/blogs/emily-lakdawalla/2014/02070836-isee-3.html
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
jayk: hrh
benkay: thank you, captain obvious.
assbot: [HAVELOCK] [RENT] 10000 @ 0.0055 = 55 BTC
jayk: there was that strange sat transmission broadcasted over america...
jayk: on tv
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}
herbijudlestoids: volatility on MPOE, http://imgur.com/MixUdTD ...otherwise known as "why intraday mean reversion is probably not safe"
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.
gribble: The operation succeeded.
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: yeah
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?
benkay: herbijudlestoids ^^
herbijudlestoids: its the 20 tick standard deviation of 20 tick log normal returns
herbijudlestoids: so each "index" point is one datapoint in that timeseries
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: ok a tick is a trade
benkay: yup
herbijudlestoids: benkay: so the 20 tick log normal return is ln(CurrentTickPrice/TwentyTicksAgoPrice)
benkay: ah
benkay: why not time-normalize?
Vexual: wheres the wazardry?
herbijudlestoids: and then i take the rolling standard deviation of that value over the last 20 ticks
benkay: okay, still with you.
Vexual: i dont belive in stats
herbijudlestoids: that plot is the rolling standard deviation over the ticks
herbijudlestoids: you dont "believe" in them? lol
Vexual: well.....
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
benkay: reasonable
Vexual: keyword
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
herbijudlestoids: "open high low close"
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
benkay: hm
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
Vexual: http://www.youtube.com/watch?v=Ckff_bkA5z8
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: mhm
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.
herbijudlestoids: i already went through this with kako
herbijudlestoids: if i cant repatriate profits its not very useful for me
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?
herbijudlestoids: theoretically, but its not really convenient
Vexual: im your tax man for bc herbi
Vexual: its easy, but do it
benkay: ah convenience
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?
chetty: http://libertyblitzkrieg.com/2014/02/07/bitcoin-vs-apple-videos-of-users-destroying-their-iphones-proliferate-on-youtube/
ozbot: Bitcoin vs. Apple: Videos of Users Destroying Their iPhones Proliferate on YouTube | A Lightning War
benkay: and why do it all at once?
Vexual: well you pay in july
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
herbijudlestoids: lel
herbijudlestoids: i literally already had this exact convo with kakobrekla
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.
herbijudlestoids: its not about realising them
herbijudlestoids: its about balancing stuff across asset classes
benkay: maintain your fiat investments the way you normally od
benkay: do
Vexual: i can get you btc agro forestry and all the shit
benkay: hold btc and let it be your risk holding
herbijudlestoids: right, exactly, and now i have to manage two portfolios
benkay: you straddle two worlds.
benkay: they are antithetical to one another.
benkay: you cannot have your cake and eat it too.
herbijudlestoids: i can, and do, in physical gold :)
Vexual: lol
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
Vexual: nothing new
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: good night gents
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
herbijudlestoids: or something like that
herbijudlestoids: so you could long bitcoin
herbijudlestoids: and hold puts
herbijudlestoids: night benkay
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: its like rmb in oz
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?
herbijudlestoids: accountant
herbijudlestoids: i used to do it
herbijudlestoids: too busy
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
Vexual: im not an accountant
Vexual: http://www.youtube.com/watch?v=q0-JbJgxaXg
ozbot: Milow - Little in the Middle (Official Unplugged) - YouTube
herbijudlestoids: Vexual: i wanna see you in these pants http://www.youtube.com/watch?v=DohRa9lsx0Q
herbijudlestoids: (any of them)
Vexual: im all about the quality management and a chalenge
Vexual: twelfteen balkans listening to this conversation
herbijudlestoids: lol
Vexual: im hoping some will expatriate to australia
Vexual: http://www.youtube.com/watch?v=k0dKkrHr78E
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
herbijudlestoids: http://imgur.com/WSFCAQy
ozbot: imgur: the simple image sharer
herbijudlestoids: 20% was the lowest ROC i found
Vexual: roc?
herbijudlestoids: rate of change
punkman1: what's with the flat parts
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
herbijudlestoids: right, there you go then
Vexual: did you get a machine with iview flash? new rake on sunday
herbijudlestoids: Vexual: no :'(
Vexual: 13 years in jail
herbijudlestoids: im using the absolute latest flashplayer
Vexual: u need a winez box
herbijudlestoids: sucks because i am a fucking iview whore
herbijudlestoids: love it
herbijudlestoids: anyway vex, what the f are you doing home on a sat night
Vexual: yeah i discovered your problem when i was wathxcing the last season of rake, my fave barrister
herbijudlestoids: not that i dont appreciate the company :P
Vexual: borrow your atlas and never give it back
herbijudlestoids: haha wut
Vexual: forgotten your name
Vexual: i dont leave the house, ive gt more social phobias than duffer and that other cunt put together
herbijudlestoids: fair enough, a bit of a hermit myself :)
Vexual: yeah not really
Vexual: id rather stay home but life happens
herbijudlestoids: something for the hermits then http://www.youtube.com/watch?v=O9IO2pT7lhM
Vexual: tuff track
Vexual: i was trying to explain a spoonfull of cement to the people in the australian context
herbijudlestoids: haha
Vexual: im not here for a haircut
herbijudlestoids: so i was checking out bitcoin-otc last night
herbijudlestoids: interesting...lots of weird stuff listed for sale
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
herbijudlestoids: proper true 999 from the perth mint sort of gold :)
Vexual: http://www.youtube.com/watch?v=tFHkO3CqnjU you're already there, youe a surity here
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: sans bro sans
herbijudlestoids: haaha didnt you play this song the other night?
herbijudlestoids: sans? as in without?
Vexual: you read the logs
Vexual: yes without illegal drugs
herbijudlestoids: lol vex im having trouble understanding you
Vexual: you got a problem with grog?\
herbijudlestoids: im not a drinker, but no problem with it
Vexual: excellenty
Vexual: can you grep erowid?
herbijudlestoids: i got all of erowid and more stored in my brain :)
Vexual: see what i mean
Vexual: can yo ufeel the love? http://www.youtube.com/watch?v=9vQaVIoEjOM
herbijudlestoids: LEL!
herbijudlestoids: i was just listening to a diff public enemy song
herbijudlestoids: Vexual: saturday nights in -assets is hiphop night for the hermits lol
Vexual: ive still got a passport
herbijudlestoids: where is KRS-One
Vexual: strip club with his girly
Vexual: or in a v8
Vexual: both?
herbijudlestoids: on his way to the club in his v8 with the girl
Vexual: prbably
Vexual: hes al about the cubic inches
Vexual: and shit
Vexual: http://www.youtube.com/watch?v=4ITLNzPoEqs
ozbot: Ol' Dirty Bastard-Shimmy Shimmy Ya - YouTube
Vexual: what you nevetr put a padlock on anything? krs1 knows about security
punkman1: https://www.youtube.com/watch?v=4xu1tkect4I
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
herbijudlestoids: im downloading donnie brasco
Vexual: is that like donnie darko?
Vexual: with the rabbit
Vexual: all the flange
Vexual: musica esta execellante
Vexual: https://www.youtube.com/watch?v=v0aRb4rAq0I
ozbot: Wax: "Rosana" (Official Music Video) - YouTube
Vexual: ^Krs1
herbijudlestoids: maybe i should go out and get drunk
Vexual: gow west are you?
herbijudlestoids: not at all? 2 stops on the train from central, could walk to newtown from here
Vexual: petersham?
herbijudlestoids: closer to the airport, but yea in the vicinity
Vexual: ug
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
herbijudlestoids: no shit about lawson? gonna look that up
Vexual: exiting politely with a spray like a skunk
herbijudlestoids: haha true!
herbijudlestoids: you swine, how do you know so much culture shit about inner west sydney
Vexual: keeep sucking dicks you motherfucking cuntz
Vexual: i just got out
herbijudlestoids: ahhh
herbijudlestoids: enjoy vex, behave
Vexual: ciao
Vexual: henry lawson is thje name you're looking for
herbijudlestoids: lol i know that im not completely uncultured
herbijudlestoids: i already looked it up and confirmed on the marrickville council website :D
Vexual: lol
Vexual: i thought you were wester than that
Vexual: theres bitcoin culture when you get to leichhhardt
Vexual: http://www.youtube.com/watch?v=1WhhSBgd3KI&feature=kp i heart sydney
ozbot: The Specials - Ghost Town - YouTube
Vexual: :D
Vexual: http://www.youtube.com/watch?v=gKw5mBh4rYs
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
gribble: The operation succeeded.
Vexual: http://www.youtube.com/watch?v=IxLJTmhJQx0
ozbot: Girls in Hawaii - Not Dead - YouTube
Vexual: http://www.youtube.com/watch?v=T6j4f8cHBIM ☟︎
ozbot: Nicki Minaj - Stupid Hoe (Explicit) - YouTube
kakobrekla: thats just horrible
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
jurov: u dunk?
Vexual: i kno wwhere youre from bro
kakobrekla: i think he is also deaf
jurov: urmom
Vexual: um not an idiot
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
jurov: :D
Vexual: you're nearly ,my gave giy i wanna know
Vexual: i can spell it with a 1
jurov: wat?
Vexual: yes i like you jurov, but its no tgay
Mats_cd03: I loled
jurov: why not gay? D:
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
Mats_cd03: Can I get a rim job
jurov: see above
Vexual: jurov been in it for 20 years
Mats_cd03: Coddle my rim nigga
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: me?
jurov: yes you
Vexual: i breathe morning keytones and feel sad
Vexual: aint no mystery
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
kakobrekla: http://www.bbc.co.uk/news/world-asia-india-26012779
ozbot: BBC News - Man travels 1,000 miles to claim bogus prize
Vexual: kako
kakobrekla: here
Vexual: you're cool maximus
jurov: ;;bc,stats
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
jurov: .d
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}
kakobrekla: who cares, its too god damn high
jurov: just cuz bitbet
Vexual: yeah wqell i can't find my beer so i dont know shit
herbijudlestoids: you drank it, dingus
Vexual: waynos cvoolk ntoo
Vexual: that ainbt a thing, get real
Vexual: graets knws
Vexual: http://www.youtube.com/watch?v=N2wqmGu1EY8
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
kakobrekla: http://www.thedomains.com/2014/02/07/german-court-says-registrars-are-responsible-for-content-on-a-website/
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
Vexual: it nevar works
Vexual: http://www.youtube.com/watch?v=PWgvGjAhvIw
ozbot: OutKast - Hey Ya - YouTube
Vexual: pankake , how come french ads are so coool?
Vexual: your fabric softener is called dash
Vexual: ice cold 3000
assbot: [HAVELOCK] [CBTC] 1379 @ 0.000138 = 0.1903 BTC [+]
assbot: [HAVELOCK] [DEALCO] 40 @ 0.004779 = 0.1912 BTC [+]
Vexual: http://www.youtube.com/watch?v=OS_5BORSayc
ozbot: Monkey Magic - YouTube
Vexual: http://www.youtube.com/watch?v=PzbRctkeiC0
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: yes
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}
Vexual: see do you undrtsand?
cazalla: poker?
Vexual: rake poo or clams?
cazalla: fish, rake, my mind went to poker, otherwise no
Vexual: mm yes
Vexual: will y you play hoplem?
cazalla: are you drunk?
Vexual: do you know my name?
Vexual: i dont steal
cazalla: not really, i don't get much opportunity to read the channel given new born i'm dealing with
Vexual: indeed
Vexual: congratulations
cazalla: past that, i just want sleep :\
cazalla: which i'm going for now, ttyl
Vexual: nicely nicely
Vexual: http://www.youtube.com/watch?v=4ITLNzPoEqs
ozbot: Ol' Dirty Bastard-Shimmy Shimmy Ya - YouTube
assbot: [MPEX] [S.MPOE] 6500 @ 0.00086087 = 5.5957 BTC [+]
Vexual: ::rate wayno unknown
Vexual: -1
Vexual: strange fruit
Vexual: http://www.youtube.com/watch?v=mhFx9ko73X0
ozbot: Ol' Dirty Bastard-Brooklyn Zoo (Video) - YouTube
Vexual: http://www.youtube.com/watch?v=T6j4f8cHBIM
ozbot: Nicki Minaj - Stupid Hoe (Explicit) - YouTube
assbot: [MPEX] [S.MPOE] 11904 @ 0.00086395 = 10.2845 BTC [+]
kakobrekla: Vexual quit spamming
kakobrekla: http://log.bitcoin-assets.com/?date=08-02-2014#489971 ☝︎
ozbot: #bitcoin-assets log
Vexual: fuck you i paid two milly for this shit
kakobrekla: your prepaid mills ran out
Vexual: whats the damage?
kakobrekla: broken ears
Vexual: di it
Vexual: ill do it coz i love your ears
Vexual: http://www.youtube.com/watch?v=gjKFCYzqq-A france just asjke me me if i like a ford fiesta
ozbot: Parliament Funkadelic - Bring The Funk - YouTube
Vexual: i do
Vexual: 1.0 l
Vexual: send me the bill
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
Vexual: +m wont suffice
Vexual: kick will
Vexual: yjis is a goat ttrack
Vexual: http://www.youtube.com/watch?v=D-NvQ6VJYtE
ozbot: Jamiroquai - Cosmic Girl - YouTube
Vexual: please dont kivck me
Vexual: im emailing the pm
Vexual: nubbins gots goats shirt made already
Vexual: http://www.youtube.com/watch?v=bKgf5PaBzyg
ozbot: How To Uninstall McAfee Antivirus - YouTube
Vexual: http://www.youtube.com/watch?v=nevPqXNjM-k
ozbot: John McAfee warning about the use of appliances for security breach purposes - YouTube
Vexual: raspi in a luchbox
Vexual: http://www.youtube.com/watch?v=gKw5mBh4rYs regres
ozbot: ODB - Baby, I got your money [*original uncencored video*] - YouTube
Vexual: http://www.youtube.com/watch?v=1plPyJdXKIY
ozbot: Warren G - Regulate ft. Nate Dogg - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [-]
Vexual: http://www.youtube.com/watch?v=SeIJmciN8mo&list=ALHTd1VmZQRNptgo4ed0biMPKtTTpYcIE_
ozbot: Nicki Minaj - Starships (Explicit) - YouTube
assbot: [MPEX] [S.MPOE] 15596 @ 0.00086395 = 13.4742 BTC [+]
Vexual: ;; later tell mircea_popescue poke nikini minaj
gribble: The operation succeeded.
Vexual: http://www.youtube.com/watch?v=YLiFb_xwB1E\
ozbot: Jungle Brothers "Because I Got It Like That" (album version) 1989 - YouTube
Vexual: slap i sonly for +m
Vexual: http://www.youtube.com/watch?v=Cj8JrQ9w5jY
ozbot: LCD Soundsystem - Daft Punk Is Playing At My House - YouTube
Vexual: nyc
Mats_cd03: Go to sleep, you're drunk
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
gribble: The operation succeeded.
Vexual: http://www.youtube.com/watch?v=r34MG8b_Z3A
ozbot: Bliss n Eso - My Life (feat. Ceekay Jones) - Official Video Clip - YouTube
Vexual: http://www.youtube.com/watch?v=o3yXS1i-GHk bhgminer
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 [+]
Vexual: http://www.youtube.com/watch?v=2qCQ8O6D4Ps\
ozbot: Lee 'Scratch' Perry - Interview - Tracks Arte TV - YouTube
Vexual: http://www.youtube.com/watch?v=8nz_uSssKTw so paris
ozbot: Junior Murvin - Police & Thieves (HQ) - YouTube
Vexual: http://www.youtube.com/watch?v=fTcP9lK9zTM
ozbot: Seeed - Papa Noah - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
herbijudlestoids: still up vex?
Vexual: yah mon nya work pon the sabbath
herbijudlestoids: haha
herbijudlestoids: hows the weather
Vexual: verily stormy
herbijudlestoids: but still like 80 degrees?
herbijudlestoids: i love the tropics
Vexual: mee too i spend too much time here
ThickAsThieves: anyone read much on autonomous organizations?
ThickAsThieves: http://bitcoinmagazine.com/10055/cryptographic-code-obfuscation-decentralized-autonomous-organizations-huge-leap-forward/
ozbot: Cryptographic Code Obfuscation: Decentralized Autonomous Organizations Are About to Take a Huge Leap
ThickAsThieves: mike hearn speaks on it too
ThickAsThieves: there's a vid somewhere
herbijudlestoids: i read about it briefly but it went over my head
ThickAsThieves: i think because it's hot air
ThickAsThieves: the closest i've come to distilling why
ThickAsThieves: is i
ThickAsThieves: is i'm not sure you can have a real autononmous org without it also being spontaneous
ThickAsThieves: autonomous*
herbijudlestoids: whats the use case for the DAO?
ThickAsThieves: i'm also not clear how an autonomous entity would compete with real intelligent businesses
ThickAsThieves: the clearest case ive heard
ThickAsThieves: is a taxi service that runs itself
ThickAsThieves: self-driving cars
ThickAsThieves: that autoschedule repairs and upgrades
herbijudlestoids: ah ok hmmm
ThickAsThieves: and auto save profits
ThickAsThieves: to buy more cars
ThickAsThieves: etc
herbijudlestoids: so its gotta be businesses where theres lots of nodes and all the nodes are equal
herbijudlestoids: a flat graph
ThickAsThieves: i can envision their dream, i just cant see it surviving in a real world
Vexual: you want some more?
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
herbijudlestoids: i guess the -otc WoT is a "DAC"
herbijudlestoids: except the entire thing is stored on some server
herbijudlestoids: so not really
Vexual: i can understand why
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
ThickAsThieves: one that also can be made user-friendly
herbijudlestoids: ThickAsThieves: there is one on freenet
ThickAsThieves: doesnt sound uderfriendly
Vexual: you've changes your tune
Vexual: http://www.youtube.com/watch?v=51xC2Us9vXQ
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
herbijudlestoids: https://wiki.freenetproject.org/Web_of_Trust
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: and 12 dogs
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
herbijudlestoids: its completely different
herbijudlestoids: tor is a routing layer which has exit nodes
herbijudlestoids: i2p is a routing layer without
herbijudlestoids: freenet is a distributed datastore
herbijudlestoids: theres no "servers"
ThickAsThieves: so everyone stores part of everyone else's websites?
herbijudlestoids: essentially, yea. its not too different from a DHT
herbijudlestoids: its not just website, its arbitrary bytes
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
herbijudlestoids: yea i get that feeling as well
herbijudlestoids: mircea_popescu: thoughts on the freenet distributed WoT?
mircea_popescu: which one is this ?
herbijudlestoids: https://wiki.freenetproject.org/Web_of_Trust
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 ?
herbijudlestoids: nope
mircea_popescu: then shrug.
mircea_popescu: people before tech.
herbijudlestoids: well maybe but i dun think so
mircea_popescu: (reason i hilited him is cause eventualy once he gets through the logs he can tell me lol)
Vexual: whos in awhat now?
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
ThickAsThieves: keyhotee will fail
ThickAsThieves: the name is horrible
mircea_popescu: o this is that ancient thing that never went nowhere
herbijudlestoids: sounds like there is some room there for something
Vexual: 1 am 12 cnad what is this?
ThickAsThieves: oh he also made bitshares
herbijudlestoids: but firstly, how do you convince people to adopt it?
ThickAsThieves: for "Many alt-companies with creative profit models."
ThickAsThieves: you wrap it into bitcoin services
ThickAsThieves: appify it, i dunno
mircea_popescu: lel.
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.
Vexual: http://www.youtube.com/watch?v=lJbG23qEry8
ozbot: Alby Mangels Adventure Bound THE WHOLE SERIES - YouTube
mircea_popescu: this is the end of any other attempt, full stop.
mircea_popescu: in order to become somebody you become somebody, the steps are laid out
mircea_popescu: THEN you go about making things.
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: he made something that looks good to idiots.
herbijudlestoids: teehee
mircea_popescu: i tell ye.
mircea_popescu: there's more to "good" than meets the eye
mircea_popescu: it's just that you're new here and haven't gone through the training process
herbijudlestoids: lets just say that you made a nice distributed WoT
mircea_popescu: you did not.
ThickAsThieves: you, not you
Vexual: say what?
mircea_popescu: ThickAsThieves lol.
herbijudlestoids: *you*, mp, not you as in the hypothetical you
mircea_popescu: but it's absurd, i don't code.
ThickAsThieves: maybe you paid some other somebody to do it
herbijudlestoids: godanget, i dunno, somebody who you dont think is a retard
mircea_popescu: the very proposition belies fundamental ignorance of the entire thing, which is why i object.
mircea_popescu: okay.
mircea_popescu: so you mean "someone in your wot"
herbijudlestoids: so lets say that make it and its good
mircea_popescu: okay.
herbijudlestoids: now how do you drive teh adoptionz
Vexual: mp is very adverse to starting with 0
mircea_popescu: that'd be something i can't explain to you.
herbijudlestoids: im too retarded?
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
ThickAsThieves: make it because it's worth being made
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.
mircea_popescu: this is false.
ThickAsThieves: what if you let people port trust, and they get a note on their account
ThickAsThieves: Trust History from OTC WoT*
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.
ThickAsThieves: maybe our wot sipports wots
mircea_popescu: only cesar and antony, and only at proper times.
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: i have a copy of the current wot. so can you
Vexual: im veetically inept
mircea_popescu: it uses the mpex "make your own backups if you're worried" model
ThickAsThieves: so it's a wot of wots then
Vexual: how does a cardano make mpex better?
ThickAsThieves: maybe each wot chain comes with it's own level of trust too
herbijudlestoids: mircea_popescu: do you just wget the viewratings.php?
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: linus really had no idea what linux is good for.
mircea_popescu: herbijudlestoids nono, look in the wiki there's a link to backups
herbijudlestoids: mircea_popescu: ah ok thx
herbijudlestoids: so you just cron those or somethin
mircea_popescu: within reason.
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
herbijudlestoids: you have to fire up mpwot.com and convince people to use it
mircea_popescu: wait wait.
mircea_popescu: who says i'm trading without a wot ?
Vexual: i will
Vexual: is it a thing?
herbijudlestoids: so the wot goes down and liquidity vanishes?
mircea_popescu: liquidity in the periphery
herbijudlestoids: right, i guess you dont need the wot for everyone
mircea_popescu: this is how financial networks work : when standardisation goes down the periphery eats it.
herbijudlestoids: just people you dont already know
Vexual: soemone at emy sushi
mircea_popescu: which incidentally shows you a different path into why the periphery can not be the standardisation driver
mircea_popescu: which is exactly homologuous to what i said earlier.
Vexual: this can oly be good
herbijudlestoids: teehee you said homo
ThickAsThieves: so what youre saying is, the best way to model reputation systems, is like how they work IRL?!
ThickAsThieves: :)
mircea_popescu: lol
Vexual: :)
Vexual: welsome to earth herbi
herbijudlestoids: anyone know if the existing WoT software is open source?
mircea_popescu: it is.
herbijudlestoids: sounds like all it needs is an extra piece of functionality, so each WoT node can talk to other WoT nodes ☟︎
herbijudlestoids: and rate them
mircea_popescu: it has that already
mircea_popescu: write an irc bot.
mircea_popescu: talk to gribble.
Vexual: i really wanted to eat that
herbijudlestoids: so ThickAsThieves whats missing?
ThickAsThieves: CSS
herbijudlestoids: sounds like functionality is there
mircea_popescu: nothing is missing lol
ThickAsThieves: as usual
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 ?
mircea_popescu: caus ewhy.
herbijudlestoids: i just assumed the functionality wasnt there
mircea_popescu: yeah well.
ThickAsThieves: so why dont i use wot to log into things?
mircea_popescu: because things suck.
Vexual: coz your house aint amart
mircea_popescu: takes all of five minutes to steal gribble id code.
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
herbijudlestoids: so really what you want, ThickAsThieves is a REST API
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
ThickAsThieves: it may be time to ignore vexual
herbijudlestoids: hes ok
Vexual: bitch
herbijudlestoids: its saturday night here ThickAsThieves :)
mircea_popescu: http://i.imgur.com/jpBRyxc.gif
ThickAsThieves: ah
ThickAsThieves: hehe
mircea_popescu: that is vexual on the right there
Vexual: tat i wont hold it afainst you
ThickAsThieves: lol
ThickAsThieves: your language is foreign to me vex
herbijudlestoids: more specifically, its 1am on a sat night
ThickAsThieves: it's 9am here
Vexual: its also not melbourne time here herbi
herbijudlestoids: think im gonna chuck some food in the oven, bbs
Vexual: yeah tat, i put stem cells into germans with no effect
ThickAsThieves: i heard
ThickAsThieves: mp
ThickAsThieves: youre gonna love this
ThickAsThieves: http://qz.com/174757/bitcoin-company-offers-stock-denominated-in-bitcoin/
ozbot: Bitcoin company offers stock denominated in bitcoin – Quartz
mircea_popescu: lol derp.
ThickAsThieves: from your friends at quartz!
mircea_popescu: actually from the same fuckwit
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.
Vexual: ha?
Vexual: hs?
ThickAsThieves: high school
mircea_popescu: Vexual that place where the government pays for kids airs.
Vexual: oh, lik etokyo?
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."
ThickAsThieves: Decentralized Autonomous Organization
ThickAsThieves: Decentralized Autonomous Organization
mircea_popescu: welcome to 2011, we needed glbse.
ThickAsThieves: wtf
Vexual: ylang ylang
mircea_popescu: ThickAsThieves they mean "mpex" and don't know how to say it.
mircea_popescu: seeing how this has been going on for years already.
Vexual: apex and alc
ThickAsThieves: why did they just like, throw in 3D printers into that statement
ThickAsThieves: wtf
herbijudlestoids: HAHA
herbijudlestoids: 3d printers
mircea_popescu: because words.
mircea_popescu: this is what the periphery does : words.
herbijudlestoids: ThickAsThieves: teh futyah
mircea_popescu: they wanna be just like nyc.
Vexual: lab
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
ThickAsThieves: start selling as necessary to business
mircea_popescu: they can't.
mircea_popescu: the 3d printer market is composed of no market.
ThickAsThieves: but business!
Vexual: when thers a 3d pixma ill but iy
herbijudlestoids: seems quite useful for prosthetics and things like that
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: too meristem-y for business yet.
wao-ender: Bigger part is owned by Stratasys
Vexual: hp gave me herpes
ThickAsThieves: yknow it really would suit xerox though
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"
Vexual: pew pew pew
mircea_popescu: ThickAsThieves maybe, on the hardware part of things,
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"
ThickAsThieves: new tech not so much
mircea_popescu: exactly.
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.
Vexual: treporno
ThickAsThieves: i was never a xerox tech, but something very close
Vexual: pool cleaner?
mircea_popescu: ahahahaha
ThickAsThieves: i did repair my own xerox on several occassions
ThickAsThieves: ESTAT machines
mircea_popescu: you should have ignored him when you could. now you're stuck
herbijudlestoids: whats that ThickAsThieves?
Vexual: i would fix the fuck outta those laser printers
mircea_popescu: ThickAsThieves their health monitor thing ?
ThickAsThieves: they are these large format printers that use static (sorta like a xerox) to pattern a coated paper
ThickAsThieves: the paper runs a few inches away from ink wells
ThickAsThieves: the ink sticks to the paper
mircea_popescu: o
ThickAsThieves: then you run the paper with fabric into a rolling heat press
ThickAsThieves: to dye sublimate
ThickAsThieves: the machines never run perfectly
ThickAsThieves: cuz humidity etc
ThickAsThieves: but the prints are quite nice
ThickAsThieves: i dont think they are in use anymore
ThickAsThieves: people use inkjets to same purpose
herbijudlestoids: watch out we got a fuckin printing nerd over here :P
herbijudlestoids: so what were you using it for ThickAsThieves? tshirts or banners or something?
mircea_popescu: nubbins is the same way.
ThickAsThieves: tension fabric structures
herbijudlestoids: wutsat
Vexual: tshirts
ThickAsThieves: https://www.google.com/search?q=tension+fabric+structures&espv=210&es_sm=122&tbm=isch&source=lnms&sa=X&ei=eDz2Uu-OIKqysQShg4H4Dg&ved=0CAcQ_AUoAQ&biw=1706&bih=876
herbijudlestoids: ah yea
mircea_popescu: o wait. you're the guy that can make us the mesh dome anti-hypersonic-missile defense.
ThickAsThieves: it's where i learned that geometry was useful too
ThickAsThieves: hehe
Vexual: big pecks
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?
herbijudlestoids: lellll
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"
mircea_popescu: Vexual i keep slaves.
Vexual: my brain
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?
ThickAsThieves: i bet straight guys visit the page more than anyone
mircea_popescu: so then .5 * 20 / .005 * 10000
mircea_popescu: seems to me...
herbijudlestoids: maybe 0.5% is too much, thats 30 million people, you took me literally sir
mircea_popescu: well, if you model the same way it's 50% vs 100%
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: ThickAsThieves i guess that sums it up.
ThickAsThieves: lol
ThickAsThieves: IPO first, questions later
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.
mircea_popescu: kramerica industries ftw!
ThickAsThieves: training, they havent left the house
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
ThickAsThieves: i mean they havent done drugs and been in a porno
mircea_popescu: Vexual you know there's a lot of aussie chicks into being roped up.
mircea_popescu: ThickAsThieves ahahaha win.
Vexual: yeah they don't pay for good ropework
mircea_popescu: they could all call themselves buck naked
mircea_popescu: and then we could have buck naked does X obscure town in kanuckistan, volume 75984576985
herbijudlestoids: buck in kanuck
mircea_popescu: Vexual maybe they pay in kind.
Vexual: i mainly do boats
mircea_popescu: vexual's crochet yacht ?
ThickAsThieves: so blockr.io won't host an ATC block explorer, yet
mircea_popescu: (all new material) ?
mircea_popescu: ThickAsThieves says who ?
Vexual: yes, i can read japanese too
ThickAsThieves: the staff
mircea_popescu: meh.
herbijudlestoids: porncoin
herbijudlestoids: boobcoin
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: "
herbijudlestoids: ghmm, nope
ThickAsThieves: also
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."
Vexual: pictures and shit
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
ThickAsThieves: yeah no need to force it
ThickAsThieves: just putting it out there
ThickAsThieves: an explorer will be nice
Vexual: got a server?
ThickAsThieves: a couple
Vexual: i cant afford underpants
mircea_popescu: Perlboy bugpowder went and explained it to people on the forum ( https://bitcointalk.org/index.php?PHPSESSID=jvs9l9mqvr6d3hnql5bfs445b1&topic=449354.msg4959357#msg4959357 ) and it has been discussed here in public plus a bunch of kids with blogs wanted to "interview" me or w/e.
herbijudlestoids: Vexual: ill host your underpants
herbijudlestoids: ThickAsThieves: whats the link for altcoin again?
mircea_popescu: ThickAsThieves was blockchain.info os ?
ThickAsThieves: www.therealaltcoin.org
ThickAsThieves: the source is in the forum link
ThickAsThieves: os?
herbijudlestoids: open source
Perlboy: mircea_popescu, appreciate the answer so thanks. So in summary someone gambled the price would goto 4000->5000 by end of February?
ThickAsThieves: oh
ThickAsThieves: i doubt it
ThickAsThieves: ill dig
kakobrekla: tat blockr will add atc
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: magically THE NEXT FUCKING DAY the price went down
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
mircea_popescu: obviously in the 0-800 interval they lose money.
ThickAsThieves: <kakobrekla> tat blockr will add atc --- you know them?
kakobrekla: ThickAsThieves , i talked to mah bois after you got dumped
ThickAsThieves: word
Perlboy: herbijudlestoids, yep k, will grep
herbijudlestoids: http://log.bitcoin-assets.com/?date=07-02-2014#486309 ☝︎
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
ThickAsThieves: i need to fire up my wot again, it's been a long time
Perlboy: :)
mircea_popescu: someone needs to dig up mpoe-pr's old posts
mircea_popescu: she included graphs for womenz and other visual thinkers.
mircea_popescu: i think they help a lot, personally.
herbijudlestoids: mircea_popescu: you can just google short put to see the payoff graphs for it ;)
Vexual: http://www.youtube.com/watch?v=Gl83mI69nX4
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
mircea_popescu: nm.
Vexual: price it like hydro
Vexual: water
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 [-]
Vexual: which instrument?
herbijudlestoids: those short puts everyone is gibbering about
assbot: [HAVELOCK] [AM1] 1 @ 0.52 BTC [-]
Vexual: herbi what movie?
herbijudlestoids: donnie brasco
Perlboy: Vexual, assbot puts
Perlboy: :)
Vexual: never herd that sentece before old man
ThickAsThieves: worst web design ever https://www.coins-e.com/
ThickAsThieves: dat grid
ThickAsThieves: stare at it for a minute then try seeing
Vexual: who ate my sushi?
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?
ThickAsThieves: ;;google belushi email address
gribble: The Jim Belushi Website: <http://www.jimbelushi.ws/>; Jim Belushi (JimBelushi) on Twitter: <https://twitter.com/JimBelushi>; Windy City Native Jim Belushi's Newest Role: Chicago Bears Fan In ...: <http://www.thepostgame.com/features/201309/windy-city-native-jim-belushis-newest-role-chicago-bears-fan>
Vexual: you need an atc btc exchange
kakobrekla: i had one coded
ThickAsThieves: yes, but i feel dirty telling people to go to these sites
Vexual: cant call it the altcoin zand hope for cryptsy
kakobrekla: if onle i could find sauce
ThickAsThieves: let's get listed on mcxnow so everyone can get robbed! no thanks
wao-ender: :D
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
ThickAsThieves: everywhere they go
assbot: [HAVELOCK] [AM1] 2 @ 0.516 = 1.032 BTC [-]
Vexual: im devestated
herbijudlestoids: lost yer beer again?
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.
mircea_popescu: tho, let them learn to otc.
Vexual: its nit even an internet fridge
mircea_popescu: not like everyone has to have alt nao.
ThickAsThieves: ;;gettrust Apocalyptc
gribble: WARNING: Currently not authenticated. Trust relationship from user ThickAsThieves to user Apocalyptc: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=ThickAsThieves&dest=Apocalyptc | WoT data: http://b-otc.com/vrd?nick=Apocalyptc | Rated since: never
ThickAsThieves: ;;gettrust Apocalyptic
gribble: Currently authenticated from hostmask Apocalyptic!~Apocalypt@unaffiliated/apocalyptic. Trust relationship from user ThickAsThieves to user Apocalyptic: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=ThickAsThieves&dest=Apocalyptic | WoT data: http://b-otc.com/vrd?nick=Apocalyptic | Rated since: Mon Jul 15 09:32:50 2013
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
mircea_popescu: http://trilema.com/2014/on-periphery-and-the-peripheral-ephemerides-are-also-mentioned/
ozbot: On periphery and the peripheral. Ephemerides are also mentioned. pe Trilema - Un blog de Mircea Pope
mircea_popescu: pretty much the earlier log, with ample commentary
mircea_popescu: herbijudlestoids gets it pretty bad :D
kakobrekla: give him some time, he is new
Duffer1: It’s just that you’re new here and haven’t gone through the training process.vi
Duffer1: >.<
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}
FabianB: ;;bc,stats
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: read footnote xiii
Duffer1: i would call that getting it bad
herbijudlestoids: lol im craig wood now?
herbijudlestoids: who is craig wood?
Duffer1: ciphermine/ciphertrade "ceo"
Duffer1: MtF trans
herbijudlestoids: ok...so whats that to do with me?
herbijudlestoids: that bit of the conversation was with ThickAsThieves?
Duffer1: oh i didn't mean to imply it did
Duffer1: just an example of someone that "got it bad"
Duffer1: does that make sense?
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"
Diablo-D3: oh snap, you got told
Duffer1: hehe
assbot: [HAVELOCK] [B.MINE] 3 @ 0.07033333 = 0.211 BTC [+] {2}
mircea_popescu: herbijudlestoids that's what sane people say.
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: haha ok, maybe i missed something
mircea_popescu: anyway. i love you all!
Diablo-D3: no you dont
kakobrekla: and you still want mp to take lsd
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
mircea_popescu: lol
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
asciilifeform: did someone actually explain how one might build a working 'distributed wot' or merely insisted that it must be done?
herbijudlestoids: yea, i was proposing some things before mircea_popescu showed up, his log only starts from there
herbijudlestoids: nothing especially genius
Diablo-D3: asciilifeform: the easy way is to just use pgp ;)
herbijudlestoids: asciilifeform: but it sounds like the existing WoT is already distributable
Diablo-D3: wotcoin
Diablo-D3: lulz
asciilifeform: distributable != distributed
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
asciilifeform: mircea_popescu: certainly not. which is why i was somewhat surprised to hear of it
mircea_popescu: in fact afaik that's what nanotube's been working on
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
asciilifeform: the 'trivial solution' would be, somewhat obviously: everybody pgp-signs all wot ops, and people simply mirror the results
mircea_popescu: cybil
asciilifeform: (anyone can download the history and re-tally the scores.)
asciilifeform: the wot as we have it now is perfectly sybil-able
asciilifeform: hence the precaution, explained to all newcomers, of ignoring absolute scores and looking at the 'who'
herbijudlestoids: asciilifeform: from what i understand the existing each "centralised" WoT can talk to other WoTs, and assign trust to them http://log.bitcoin-assets.com/?date=08-02-2014#490339 ☝︎
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: and i wouldn't want to pgp sign it either
mircea_popescu: herbijudlestoids well, technically, they'd have to talk to it, but yes.
herbijudlestoids: they? it?
mircea_popescu: they = other wots ; it = this wot.
herbijudlestoids: yea, yep
herbijudlestoids: thats the way im visualising it in my head now
herbijudlestoids: multiple connected "small worlds"
mircea_popescu: sounds like a winner, really.
herbijudlestoids: ^
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
herbijudlestoids: did i misunderstand?
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.
mircea_popescu: the code is already written tho.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12660001 BTC [-]
herbijudlestoids: right...so yea...
mircea_popescu: yeah.
mircea_popescu: it's fargo two and they'll shoot it all in la...
herbijudlestoids: asciilifeform: so, yea? yea.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12500001 BTC [-]
herbijudlestoids: so gribble is officially the -otc bot right, not the -assets bot?
mircea_popescu: assbot is the assets bot run by kakobrekla.
mircea_popescu: gribble is the bitcoin bot, run by nanotube, who's been kind enough to add it here.
mircea_popescu: ozbot i think is scrat's ? or who run that ?
mircea_popescu: and mpexbot is run by smickles
assbot: dude, i run kakobrekla.
mircea_popescu: that too.
herbijudlestoids: but only gribble is the arbiter for WoT right? like gribble connects to same backend as -otc website?
mircea_popescu: yes.
mircea_popescu: it's a good interface because freenode is ddos resistent
mircea_popescu: and irc bots are really not that hard to talk to
ThickAsThieves: jezzz runs ozbot
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: vice versa i doubt
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 all the extra bots are periphery
mircea_popescu: course it's... "independently"
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: it wouldn't particularly assign trust to the gateway
mircea_popescu: no reason you want that, really, i know it's a gateway, woting it is meaningless.
mircea_popescu: (look at gribble's own rating, or
herbijudlestoids: right
mircea_popescu: ;;gettrust paypal
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user paypal: Level 1: 0, Level 2: -2 via 4 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=paypal | WoT data: http://b-otc.com/vrd?nick=paypal | Rated since: Sat Aug 25 19:56:10 2012
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: all natural.
herbijudlestoids: yea, seems ok to me...
mircea_popescu: the only drawback is that it's not instantaneous, which makes it "unrevolutionary"
mircea_popescu: which in turn makes it great.
herbijudlestoids: i mean as a method of distributing the WoT
mircea_popescu: myeah.
herbijudlestoids: i downloaded a chinese gangster movie but it has no subtitles :(
ThickAsThieves: pop in The Wall?
herbijudlestoids: i dont know cantonese or mandarin either :(
Duffer1: lol TaT
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
ThickAsThieves: like, a social media site
ThickAsThieves: wotbook
ThickAsThieves: or such
ThickAsThieves: some way to get interfaces and easy use
assbot: [HAVELOCK] [B.MINE] [PAID] 0.93429002 BTC to 974 shares, 95923 satoshi per share
herbijudlestoids: ThickAsThieves: so hax elgg to query gribble
herbijudlestoids: and then host that elgg
ThickAsThieves: asking the wrong guy
herbijudlestoids: shit 4am
ThickAsThieves: people would probably eat up a wotbook right now, could even kill bitcointalk
ThickAsThieves: cuz community and being a part of something
Duffer1: that's quite an interesting idea
herbijudlestoids: the problem is do people in the wot want to "socialise"
ThickAsThieves: no
herbijudlestoids: like if i bought some BTC off you one time and rated you, now youre in my wotbook feed?
ThickAsThieves: thats not the problem at all
assbot: [MPEX] [S.MPOE] 1900 @ 0.0008553 = 1.6251 BTC [+]
ThickAsThieves: so opposite
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
ThickAsThieves: well, a reputation ledger
ThickAsThieves: an identity
herbijudlestoids: so, not wotbook then
ThickAsThieves: well depends which part of the idea you mean
herbijudlestoids: the existing WoT is a reputation ledger.
ThickAsThieves: wotbook was to help distibution
mircea_popescu: herbijudlestoids yes but all it needs is a 1
herbijudlestoids: it?
mircea_popescu: ThickAsThieves the drivers of btctalk are scamming and derping.
mircea_popescu: herbijudlestoids dude you highlighted me first!
herbijudlestoids: mircea_popescu: ah right, yep
mircea_popescu: yeah.
assbot: [HAVELOCK] [NEOBEE] 48 @ 0.003081 = 0.1479 BTC [+]
mircea_popescu: #bitcoin-fargochannel
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.
herbijudlestoids: i vote my mate joe up because hes my mate joe!
mircea_popescu: herbijudlestoids you read mpoe-pr's post re wot and how to use it ?
herbijudlestoids: not because joe delivered 100 BTC to me successfully
mircea_popescu: sounds like btctalk alright.
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
mircea_popescu: https://bitcointalk.org/index.php?topic=110861.msg1227871#msg1227871
mircea_popescu: there you go.
ozbot: Reputation system?
ThickAsThieves: solve the problems independently, as in
assbot: [HAVELOCK] [AM1] 4 @ 0.52995492 = 2.1198 BTC [+] {3}
ThickAsThieves: okay you wanna discern business trust from social trust?
ThickAsThieves: let people categorize
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
herbijudlestoids: im gonna be rich, so long suckers!
mircea_popescu: cya
Duffer1: isn't @live the microsoft system?
Duffer1: xbox etc..
mircea_popescu: nm that.
herbijudlestoids: lel
herbijudlestoids: Duffer1: also i live in australia and dont own an android mobile?
Duffer1: sounds legit
mircea_popescu: australia is part of the uk no ?
herbijudlestoids: har
mircea_popescu: you got the queen and everything dontcha ?
herbijudlestoids: yea
mircea_popescu: so then.
herbijudlestoids: we still a commonwealth
mircea_popescu: that;s what they told you.
mircea_popescu: you're living in a dictatorship
herbijudlestoids: dont take it literally, its just what they call it
ThickAsThieves: https://nobs.is i made an account for the hell of it
ozbot: NOBS - Cryptocurrency Social Network - The Global Village
mircea_popescu: a self-perpetuating autocracy in which the working classes
ThickAsThieves: waiting for admin approval
herbijudlestoids: like Great Britain..is it really so great?
ThickAsThieves: only working site i found claiming to be social network for crypto
ThickAsThieves: whatever that means
mircea_popescu: dear channel, allow me to recount my sad story.
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 i was mighty sad
mircea_popescu: and i cursed
mircea_popescu: and swore
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: and then made a junior sysadmin look through the logs
mircea_popescu: and they found nothing and i was livid with fury
mircea_popescu: and i broke a keyboard into pieces
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: and so they wrote me a thing to go around it.
mircea_popescu: a month later, i couldn't connect to my blog. like at all.
mircea_popescu: and i was in the middle of the posting.
mircea_popescu: which made me furious.
mircea_popescu: but then people were wtf are you about, i see it
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: which is how it works
mircea_popescu: also joomla
mircea_popescu: because security
mircea_popescu: and because updates
mircea_popescu: and because damn it all to hell WHAT IS THIS!
mircea_popescu: ~ fin ~
herbijudlestoids: lelel
ThickAsThieves: so do you still use wordpress?
mircea_popescu: yes.
assbot: Last 60 lines bashed and pending review. (http://dpaste.com/1593008/plain/)
kakobrekla: !b 60 ✂︎
mircea_popescu: lol
ThickAsThieves: kako you beat me!
mircea_popescu: kakobrekla you of course missed all the /me stuff, which is half the value here.
Duffer1: that was a pretty good bit
mircea_popescu: Duffer1 i made it up!
kakobrekla: yeah ill fix dat
herbijudlestoids: its like teh biblez
Duffer1: the /me stuff really brought it home
kakobrekla: sathaph alrady
herbijudlestoids: this channel is as bad for my sleep habits as GTA5 was
herbijudlestoids: even vex has gone to bed
mircea_popescu: yes but vex drinks
herbijudlestoids: yea alright, this is it. goodnight gentlemenz and womanz
mircea_popescu: if you had that experience you'd sleep better.
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.
mircea_popescu: wait so i could sell for a profeet ?
ThickAsThieves: nobody likes a skinny Santa
pankkake: I hope so, I mined it to become rich
mircea_popescu: i didn't mine it but i bought some to be cool
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
ThickAsThieves: no one will sell to me
mircea_popescu: BingoBoingo weren't they freefalling from 200 ?
ThickAsThieves: even before you
kakobrekla: where are you pulling these numbers from
mircea_popescu: ThickAsThieves maybe if you put a shoe on head ?
ThickAsThieves: maybe
mircea_popescu: kakobrekla i have a rng.
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: doesnt seem so random to me!
mircea_popescu: lies
mircea_popescu: and slander.
kakobrekla: fu
mircea_popescu: eh go make an ice cube
mircea_popescu: slovenia's new export industry.
kakobrekla: i dont need to make those, they come out when i turn on the shower
mircea_popescu: lol
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 ?
mircea_popescu: the whole... what was it, 19 of them ?
assbot: [HAVELOCK] [CBTC] 19913 @ 0.0001465 = 2.9173 BTC [+] {11}
kakobrekla: yes, 18 now after recount
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
ThickAsThieves: one was named Kate?
mircea_popescu: and you don't need to ask anyone her phone number, cause they give them consecutive numbers
mircea_popescu: so you just bruteforce it, dial girl01-girl50
mircea_popescu: till you find her.
mircea_popescu: ok ppl stop dialing girlxxx
mircea_popescu: it was a joke ok ?
mircea_popescu: jesus what if it works for srs.
mircea_popescu: brb
KRS-One: http://pastebin.com/BULn0xg5
ozbot: <xabbix> MagicalTux the only viable option for you guys to keep customers after - Pastebin.com
kakobrekla: shit free view : http://pastebin.com/BULn0xg5
kakobrekla: hm
mircea_popescu: http://pastebin.com/raw.php?i=BULn0xg5
kakobrekla: dafuq
mircea_popescu: noobs.
assbot: [HAVELOCK] [RENT] 91 @ 0.0055 = 0.5005 BTC
kakobrekla: something is not right
kakobrekla: dunno whaves nvm
kakobrekla: nsa prolly
mircea_popescu: self ownage more like it amirite
kakobrekla: whats with you picking on the little people
mircea_popescu: shit
mircea_popescu: you weren't supposed to notice that
mircea_popescu: i was wearing the juice!
mircea_popescu: (ref : http://www.omg-facts.com/Interesting/A-Man-Robbed-A-Bank-Wearing-Only-Lemon-J/54879 )
BingoBoingo: Is this the real vexual? http://www.slate.com/blogs/the_slatest/2014/02/08/sage_kotsenburg_wins_slopestyle_gold_medal_with_1620_japan_jump.html
mircea_popescu: lol good for him
mircea_popescu: 05:07:57 punkman1: Scuola di Assets http://upload.wikimedia.org/wikipedia/commons/9/94/Sanzio_01.jpg << yay this.
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
mircea_popescu: you'll never be able to squeeze it out operationally.
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.
mircea_popescu: there was also a 400% and some 3xxish%
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}
mod6: ;;view
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}
jurov: http://lifeboat.com/images/optics.clothing.jpg should come with remote
assbot: [HAVELOCK] [RENT] 24 @ 0.0055 = 0.132 BTC
benkay: good morning
kakobrekla: hi
jurov: hi
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}
deadweasel: http://www.youtube.com/watch?v=ZigyrD23rQk
ozbot: Toddlers boxing match gets nasty - YouTube
deadweasel: need to bring this back, asap,, for the children
mircea_popescu: o ty.
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}
mircea_popescu: http://25.media.tumblr.com/d82a6d16505851e5f4d7be3d2a2320e2/tumblr_mf20j4hXVT1rfc12eo1_400.gif << this could be the bitcoin-assets mascot.
nubbins`: ;;bc,xag
gribble: 1 XAG = 20.020000000000 USD = 0.0300555472151 BTC
nubbins`: ;;bc,xau
gribble: 1 XAU = 1268.100000000000 USD = 1.90376820297 BTC
FabianB: ;;ticker --market all
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
mircea_popescu: actually it went up a lot
mircea_popescu: wasn't it 500ish ?
benkay: no idea, i don't watch the price
nubbins`: bitcoinity bottoms out around 660
benkay: my sample rate is like 1/week
mircea_popescu: ah ok
mircea_popescu: benkay im about the same way
nubbins`: yeah, same here, if that
nubbins`: there comes a point where it doesn't really matter what the price is
punkman1: chinese exchanges seem stuck around $750, http://btckan.com/price
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.
nubbins`: benkay, nod
punkman1: mircea_popescu: we need some chinese dudes
nubbins`: actually
nubbins`: which of those two cares about the price?
mircea_popescu: punkman1 indeed.
mircea_popescu: or at least someone with a weird name.
benkay: i'm thinking sample frequency as indicator, nubbins`
nubbins`: a-ha.
nubbins`: yes, sure
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 ?
mircea_popescu: lol someone's watching the logs
mircea_popescu: FabianB you were fluent in mandarin iirc /
mircea_popescu: ?
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?
mircea_popescu: jurov shit i gave the jig away ?
davout: mircea_popescu: pure randomness
FabianB: mircea_popescu: no, i wish, i only know some basics
davout: where is your cardano now?
mircea_popescu: hahaha
pankkake: jurov: yes, thus his 500 BTC car
mircea_popescu: he also runs an icecube factory.
nubbins`: rng based on davout's joins/parts
nubbins`: you know, vexual would make a pretty good meat-based rng
mircea_popescu: just hash what he says ?
pankkake: what he says is made of hash
mircea_popescu: thus therefore, infinite entropy.
jurov: what if it's actually the other way around?
jurov: he's saving stuff in the logs
mircea_popescu: lol
nubbins`: ooh
nubbins`: this bears further consideration
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00015499 = 0.775 BTC [+] {3}
mircea_popescu: https://31.media.tumblr.com/429db2a5ee3f5d7ad58a28df6aee0b96/tumblr_inline_n04mrqwJgg1rwpb4e.gif
mircea_popescu: nubbins off to further considerate.
Duffer1: ha
davout: jurov: https://twitter.com/Bitcoin_Central/status/403849351564652544
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`: brutal on your abs, fun tho
nubbins`: not as fun as mixing metric and imperial units, but hey
mircea_popescu: davout you need better dice than that.
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`: yeah
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?
mircea_popescu: http://i.imgur.com/gRxnT6j.jpg <<< this, for the record, is an actual living creature.
mircea_popescu: they just look like that.
deadweasel: http://ponzi.io/
nubbins`: haha yeah!
davout: such antennas, wow
nubbins`: i saw those guys in an attenborough-narrated doc once
nubbins`: always looking happy can be a curse tho, look at dolphins
jurov: http://ponzi.io/ IPO upcoming
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
mircea_popescu: who opened ?
nubbins`: olympics
mircea_popescu: o o that.
nubbins`: we drank and counted the number of families that were condemned to death by their relatives fucking up their parts in the ceremony
nubbins`: http://news.bbcimg.co.uk/media/images/72839000/jpg/_72839813_72839807.jpg
nubbins`: "the olympic rings"
jurov: you know the responsible dude was found dead already?
nubbins`: no, srs?
jurov: http://dailycurrant.com/2014/02/08/man-responsible-for-olympic-ring-mishap-found-dead-in-sochi/
nubbins`: parody news
jurov: oh my..i fell for it :/
nubbins`: currant vs current
nubbins`: :D
nubbins`: http://upload.wikimedia.org/wikipedia/commons/d/d2/Black_currant_fruit.jpg
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`: there were no smiles
Duffer1: brilliant
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?
mircea_popescu: do i hold what.
B007: money
mircea_popescu: right.
B007: right?
B007: so....
nubbins`: HEH
mircea_popescu: therefore.
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
B007: someone else does
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
nubbins`: lewicki, try yoga
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
B007: And I'm ugly
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
mircea_popescu: no, it just didn't make any sense.
nubbins`: B007, what do you want to buy with btc that you can't?
Duffer1: you can buy a lambo with btc
B007: really?
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
nubbins`: ^
B007: but is it safer than traditionally fiat?
B007: which doesn't flucuate as much
punkman1: eggs + 1 basket = tears
B007: true
B007: mircea_popescu: I think you have a bunch of 14 yr nude selfies now
mircea_popescu: what's "safer" mean.
B007: more secure
mircea_popescu: and secure means safer ?
B007: sometimes
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."
mircea_popescu: punkman1 is this from a new ipo ?
B007: lol
punkman1: sure why not, everything else is IPOing
punkman1: I'm gonna IPO this old book
benkay: http://ponzi.io/
mircea_popescu: ceci n'est pas une IalB
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}
mircea_popescu: and by choice you really mean call
Duffer1: ya
punkman1: what's an IalB?
mircea_popescu: http://cascadianhacker.com/blog/2014/02/02_goat-a-sordid-story-of-stupid-and-scam.html
ozbot: Goat: A Sordid Story of Stupid and Scam
mircea_popescu: look at that, alliteration!
mircea_popescu: punkman1 introduction a la bourse.
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?
punkman1: very proved
benkay: such point
assbot: [HAVELOCK] [CBTC] 2751 @ 0.00014677 = 0.4038 BTC [-] {6}
the20year1: how do you define education?
the20year1: Dollars spent on college?
B007: no
mircea_popescu: wow.
assbot: [HAVELOCK] [CBTC] 3318 @ 0.00014544 = 0.4826 BTC [-] {2}
Duffer1: http://bitbet.us/bet/633/bfl-will-ship-before-activemining/ read the comments
ozbot: BitBet - BFL will ship before ActiveMining
mircea_popescu: Duffer1 nobody bet lmao
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:"
mircea_popescu: no code then ?
benkay: wat?
Duffer1: i got water on my keyboard "Cripple Fight!"
mircea_popescu: benkay grep yer blog!
benkay: dorp
B007: ctrl -f
nubbins`: http://imgur.com/BLdYqvd
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: nubbins` he's the editor.
nubbins`: ah. aha.
nubbins`: consider my comment revoked
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" ?
nubbins`: "werewoman"
mircea_popescu: close enough.
nubbins`: nod
B007: it looks like the ink had a seizure
mircea_popescu: "Nobody can get inspect your payments if you know what you're doing."
mircea_popescu: dude horrible copyediting.
mircea_popescu: don't you have a girlfriend ?
nubbins`: B007, the ink does occasionally have seizures
nubbins`: you should see the last thing i drew
B007: nubbins`: especially in the heat
nubbins`: cold is a problem too
nubbins`: humidity as well
nubbins`: i had TWO pens hemorrhage on me this week
benkay: i do but mircea_popescu is so much better at it.
nubbins`: ^ heh
nubbins`: send him a bill
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".
mircea_popescu: ahaha this is pretty lulzy.
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_a-list-of-bitcoin-investments.html
ozbot: A List of Bitcoin "Investments"
B007: mircea_popescu: how rich are you?
mircea_popescu: pretty damned rich.
nubbins`: B007, don't be vulgar
B007: nubbins`: I like being vulgar
nubbins`: evidently, yes
copumpkin: B007: he bought me a bentley for supporting him in the early days
copumpkin: seems pretty generous
mircea_popescu: i did ?!
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: you did ?
mircea_popescu: i'm so rich people steal my moneyz i don't even know about.
copumpkin: oh whoops, nevermind
copumpkin: ^_^
nubbins`: i was talking with someone about this the other day
B007: thats pretty rich
nubbins`: F.PURE.SYNTH
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.
Duffer1: mani rosenfeld
nubbins`: how's it related? beats me
mircea_popescu: http://cascadianhacker.com/blog/2014/01/31_a-list-of-bitcoin-investments.html << epic
nubbins`: the btctalk thread is a bit light on detail
nubbins`: https://bitcointalk.org/index.php?topic=76401.0
benkay: not epic at all. barely 4% of the way through known assets.
mircea_popescu: oops wrong link
ozbot: A List of Bitcoin "Investments"
ozbot: [MPEx] Introducing F.PURE.SYNTH
mircea_popescu: https://bitcointalk.org/index.php?topic=8733.msg128319#msg128319 << epic.
benkay: furthermore, that project is on hold.
ozbot: luke-jr is a scammer - he renegged on a bitcoin futures contract
Duffer1: er meni rosenfeld
B007: mircea_popescu: I can't even read that
Luke-Jr: mircea_popescu: why do you like to promote lies and scammers?
mircea_popescu: Luke-Jr that'd be the oposite of what i do.
mircea_popescu: but anyway, what was the real story there ?
benkay: luke claims that because his counterparty didn't file claims within some window of time he was absolved of his obligation to pay.
mircea_popescu: kinda how things work...
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?
mircea_popescu: course, why did the cp go on forum then ?
Luke-Jr: benkay: I had no obligation to "pay".
mircea_popescu: Luke-Jr ah.
Luke-Jr: it was a trade.
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: any of this in proper form (ie, as pgp signed ?)
Luke-Jr: irrelevant, but no
mircea_popescu: well, why did a third party buy your alleged debt ?
Luke-Jr: no idea
mircea_popescu: aite well... still pretty lulzy.
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
copumpkin: irrelephant?
copumpkin: https://dl.dropboxusercontent.com/u/361503/Your-Argument-is-Irrelephant.gif
nubbins`: daww
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"
nubbins`: to what end?
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?
nubbins`: a-ha.
mircea_popescu: a desperate measure for desperate times.
nubbins`: interesting
mircea_popescu: very disruptive, especially as nobody readily imagined such a thing can even exist.
mircea_popescu: at least not originally.
nubbins`: were PMBs not generally recognized to be dog turds back then?
mircea_popescu: hahaha
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`: sure
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
mircea_popescu: nubbins` mostly to create an actual market.
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.
mircea_popescu: total disconnect from reality.
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: eventually glbse cratered and erased the thing.
mircea_popescu: and meni rosenfeld moved on to to obscure turd pushing with what was going to become bitdaytrade
mircea_popescu: a sort of kraken of 2012 as it turns out.
nubbins`: oh yeah, kraken still hasn't verified my false info
nubbins`: forgot i signed up
mircea_popescu: i r so disappoint with that thing.
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: that's not exactly correct.
benkay: o!
benkay: well, do enlighten.
mircea_popescu: the thing opened, all full of trepidation, abunch were bought
mircea_popescu: then the forum cartel backtracked
mircea_popescu: people panicked and sold into my MM bids
mircea_popescu: which were low.
mircea_popescu: this all happened much before expiration.
duduqa: Hi, everyone
mircea_popescu: ello.
B007: hi
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?
mircea_popescu: this was never judged.
mircea_popescu: it never actually got to be a cogent point
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.
benkay: ah
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.
copumpkin: lol
assbot: [HAVELOCK] [NEOBEE] 330 @ 0.0030016 = 0.9905 BTC [-] {5}
mircea_popescu: benkay so did ognasty finally crap out or what ?
benkay: nasty mining is still a thing, innit? can't say as I've gotten much past april 2012
mircea_popescu: a ok.
B007: mircea_popescu: I think then you just die from a dictionary
B007: mircea_popescu: do you ever use otr
mircea_popescu: yes.
B007: mircea_popescu: cool
mircea_popescu: https://bitcointalk.org/index.php?topic=450797.msg4962212#msg4962212
ozbot: Beware: Bitcoin casino is cheating, changes outcome of their roulette
mircea_popescu: this is kinda lulz.y
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
B007: see you all later
mircea_popescu: how come everyone wants to be rich these days.
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
B007: bragging rights
duduqa: "<mircea_popescu> but today ?! what difference does it make, 99% of all derps live in the same exact conditions anyway" - this
Dimsler: lol
Dimsler: rih
B007: no need to work
Dimsler: er rich
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: B007 if you didn't work you'd just go crazy.
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.
mircea_popescu: B007 i figured you must be in school.
B007: I am
mircea_popescu: https://bitcointalk.org/index.php?topic=452111.msg4977482#msg4977482 << ThickAsThieves check it out, quartz had another article.
ozbot: Bitcoin Federation of SPACE
assbot: [HAVELOCK] [HMF] 9 @ 0.0284 = 0.2556 BTC [+]
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
Jere_Jones: ThickAsThieves, you around?
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 [-]
benkay: well i was going to write a tcp client test harness today but then got distracted and this came out instead: http://cascadianhacker.com/blog/2014/02/08_when-you-know-you-done-fucked-up-but-cant-admit-it-in-public.html
ThickAsThieves: just got back wassup
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: ;;ud mego
gribble: http://www.urbandictionary.com/define.php?term=mego | The drugged-out sensation one gets when poring over spreadsheets or instruction manuals; acronym for "my eyes glaze over"
ThickAsThieves: Yes, but only for AM & Neo
truffles: new word yay
benkay: mircea_popescu relevant posts updated. thanks for the proofing ;)
truffles: what subject r u writing on?
assbot: [MPEX] [S.MPOE] 32076 @ 0.00085807 = 27.5235 BTC [+] {3}
BingoBoingo: benkay: Nice write up
truffles: on what!!!
Jere_Jones: Ok. I was looking for a one-off escrow.
truffles: omg i here for the nubbins!
truffles: sigh
assbot: [HAVELOCK] [B.MINE] 10 @ 0.07344999 = 0.7345 BTC [+] {6}
mircea_popescu: benkay that's sensible.
mircea_popescu: Jere_Jones maybe salty spitoon ? or you mean irc ?
assbot: [HAVELOCK] [AM1] 2 @ 0.51000201 = 1.02 BTC [-]
duduqa: bye bye fols
duduqa: folks
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
mircea_popescu: o get out. i'm not helping you do that. ☟︎
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: Don't think so.
Jere_Jones: The escrow would hold the btc I send until I confirm receipt of the goxBTC.
mircea_popescu: so what, half escrow ?
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?
mircea_popescu: PierreCPA o you the twitter guy ?
PierreCPA: yes
mircea_popescu: welcome.
mircea_popescu: bitcoin needs more accounting professionals.
PierreCPA: thank you, I was going to sit back and lurk but had to ask that haha
PierreCPA: I've noticed
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.
mircea_popescu: this guy is like jesse james.
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}
deadweasel: so nothing.
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.
BingoBoingo: mircea_popescu: Whip the kittens already
deadweasel: you dropped this earlier, mp https://gs1.wac.edgecastcdn.net/8019B6/data.tumblr.com/2666f75887c09590958eda247c8f15e8/tumblr_inline_mpl3opPOYZ1qz4rgp.gif
mircea_popescu: awww ty deadweasel.
deadweasel: i hadn't saved a gif link in years. that ws too good
truffles: awww
mircea_popescu: didja ever find the viruses you were looking for ?
truffles: too bad no audio
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?
mircea_popescu: yeah
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
mircea_popescu: let that be a lesson to you young man
truffles: how does one get that?
mircea_popescu: never fuck a doe bareback again.
mircea_popescu: truffles from tic.
deadweasel: lyme ticks here have evolved to stay active in winter..
deadweasel: little fuckers
truffles: i kill bugs on site so...
mircea_popescu: they're about the size of afids really.
mircea_popescu: you only see them once they swell
deadweasel: never see these, gotta look everywhere, because they have numb bites.
deadweasel: until they fill with your blood and screw into your flesh
deadweasel: then they pretty obvi
assbot: [MPEX] [S.MPOE] 28550 @ 0.00086235 = 24.6201 BTC [+]
deadweasel: also getting immune to deet
mircea_popescu: PierreCPA since you're here, you can look over http://trilema.com/2013/accounting-for-the-nonzero-asset-corporation-the-mpex-standard/
PierreCPA: reading it now
benkay: BingoBoingo: updated http://cascadianhacker.com/blog/2014/02/08_on-the-importance-of-contracts-the-rentalstarter-case.html
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.
mircea_popescu: which is always nice to have.
benkay: yeah no shit
mircea_popescu: anyway, all this is going in s.mg feb report, so.
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: have you SEEN the eve devs ? i'd rather buy a zoo
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: notrly. the duck does that part.
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...
mircea_popescu: PierreCPA yeah.
PierreCPA: I started working on a similar project ( http://bitcoinadvisory.org/index.html ) but had to get a real job to pay the bills
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.
mircea_popescu: benkay yea.
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
mircea_popescu: i guess it does.
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
mircea_popescu: perhaps.
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?
mircea_popescu: about a million btc giver or take atm
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
truffles: hai nubbins
truffles: busy?
nubbins`: depends on if you want to play chess
mircea_popescu: lmao
truffles: :(
nubbins`: heh
nubbins`: i kid! but i actually to have to pick up rent
nubbins`: just popped in with a coffee
truffles: hope u win with this dodgery
nubbins`: i rarely win
truffles: ..
Namworld: ;;premium gox bitstamp
gribble: Premium of MtGox over Bitstamp is currently -4.33866400355 %.
nubbins`: i'll play later tho
Namworld: MtGox... why you so silly
truffles: im stepping away "later"
Namworld: From +20 to -5
truffles: this time tomorrow is better?
nubbins`: schedules collide
truffles: or 2 hours prior?
nubbins`: later in the evenings is better
truffles: what time is evening? est cst?
nubbins`: nst
nubbins`: utc-3:30
truffles: guess we'll have to wait til things shift
jurov: oh, there's parasigm shift already?
jurov: *paradigm
nubbins`: 2014-03-09, dst begins
jurov: and where is it scheduled to shift?
nubbins`: an hour forward
nubbins`: to utc-2:30
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: http://www.reddit.com/r/Bitcoin/comments/1xdg60/heads_up_thebitcoinnewscom_is_hosting_a_fake/ our dear friend markus weiler is at it again
jurov: (of bitcoinbourse.eu infamy)
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
pankkake: :/
jurov: what pankkake? you invested there too?
pankkake: no, but I'm always annoyed to see those people are still operating