mircea_popescu: da fuck is with all the prissy wallflowers claiming "passion"
mircea_popescu: what fucking passion. moar like "too mental for herpes"
Apocalyptic: "Inventor/Entrepreneur/Author 120 patents, 400+ products. Clever & Unique"
BingoBoingo: I dunno. I'd say mircea_popescu is passionate about ownership.
Apocalyptic: reminds me of the 12,000+ domain names guy
assbot: [HAVELOCK] [B.SELL] 30 @ 0.05299998 = 1.59 BTC [+] {7}
mircea_popescu: Apocalyptic chick's worth some money, has this sort-of workout videos empire
BingoBoingo: It's amazing how many times the simple elastic band and the step stool can be patented
mircea_popescu: yeah, basically, she's the bubbliest 44yo on some us based shopping channel
mike_c: she's a regular on shark tank
mircea_popescu: "Her first patent was a plastic jewelry organizer for earrings which generated $500 million in sales."
pankkake: I wasn't expecting much when I saw patents, but…
pankkake: this is why I don't take anyone seriously when they say that word
mircea_popescu: anyway, twitter is the best trolling venue imaginable. there's droves of hipsters, aging attention whores, all taking it supar seriously
assbot: [HAVELOCK] [AM100] 26 @ 0.00498752 = 0.1297 BTC [-] {6}
mod6: twitter had a melt down yesterday because some girl had a toy plane in her snatch
mircea_popescu: TestingUnoDosTre is this the #bitcoin-assets based reality tv show ?
TestingUnoDosTre: I would like to purchase a 3d printing maching, but I want YOU to buy it!
mircea_popescu: mod6 because nobody could have imagined that the terrorists would use a plane as a dildo.
mod6: someone said "new meaning to red-eye flight"
gribble: I have 24 registered users with 31 registered hostmasks; 1 owner and 0 admins.
gribble: Current Blocks: 296068 | Current Difficulty: 6.119726089128147E9 | Next Difficulty At Block: 296351 | Next Difficulty In: 283 blocks | Next Difficulty In About: 1 day, 14 hours, 9 minutes, and 26 seconds | Next Difficulty Estimate: 6965027262.78 | Estimated Percent Change: 13.81273
benkay: only passion is passion for cashin'
mike_c: kakobrekla is probably bored and could implement those features in assbot. i liked <title> searches.
mircea_popescu: benkay she claims bs on tv, buncha overweight wwu students believe her start flailing arms and making wild claims.
gribble: Bitstamp BTCUSD ticker | Best bid: 516.0, Best ask: 517.99, Bid-ask spread: 1.99000, Last trade: 518.0, 24 hour volume: 33065.44812123, 24 hour low: 453.16, 24 hour high: 528.75, 24 hour vwap: 491.745388954
mircea_popescu: so this is fucking weird. gribble says 24 hour high 528
mircea_popescu: meanwhile bitcoincharts disagrees : <gribble> Bitstamp BTCUSD ticker | Best bid: 516.0, Best ask: 517.99, Bid-ask spread: 1.99000, Last trade: 518.0, 24 hour volume: 33065.44812123, 24 hour low: 453.16, 24 hour high: 528.75, 24 hour vwap: 491.745388954
mike_c: remember that thing about how you closed options because no one could be relied on for good data?
mike_c: hm, but if i am reading it right they are 8 hours old on their data?
Apocalyptic: isn't it run by thermos or something anyway ?
mike_c: seems like data stopped some hours ago
benkay: off to an 'internet of things' aka networked and api-ified sensor get together. perhaps i'll find some new clients there tonight...
Apocalyptic: <mike_c> seems like data stopped some hours ago << good catch
benkay: the barons of course not needing any derpy web or mobile apps.
assbot: [HAVELOCK] [PETA] 22 @ 0.06637855 = 1.4603 BTC [+] {5}
BingoBoingo: Basically longtime former democratic East StL mayor is now supporting the Repube candidate for governor.
assbot: [HAVELOCK] [PETA] 3 @ 0.0669899 = 0.201 BTC [+]
mircea_popescu: "Well the answer is the IRS is extremely strict about property taxes and nobody in the United States is going to want to use Bitcoin after a 20% tax on it. That combined with Bitcoin rumors about China banning it means we won't see $525." << anon expert, april 15th around noon.
mircea_popescu: bitcoin goes blazing past 525, about twelve hours later.
mircea_popescu: the anon experts are a very valuable signal, turns out.
TestingUnoDosTre: and he had to make a SuperPac that was called Dems and Independents for Rauner, because he figured that those groups wouldnt want to contribute to a fund called "citizens for Rauner"
TestingUnoDosTre: pretty sure half the people who post on there are just trying to get bets to the other side
mircea_popescu: TestingUnoDosTre "citizens" is kinda republican codeword neh ?
BingoBoingo: Carl Officer has a rich history of creating the lulz
mircea_popescu: apparently everyone is better at finding shit people than you.
BingoBoingo: TestingUnoDosTre: I'm from the general region, just a more rural part
mircea_popescu: Bitstamp - Cumpără Bitcoin CFD - demo gratis - Plus500.ro Ad www.plus500.ro/Bitstamp Vă riscaţi propriul capital. Plus500 has 1,340 followers on Google+
assbot: [MPEX] [S.MPOE] 27050 @ 0.00097332 = 26.3283 BTC [+] {3}
TestingUnoDosTre: best youtube comment I've read in while "If this was reddit, it would be r/gore"
assbot: [HAVELOCK] [B.SELL] 2 @ 0.05309998 = 0.1062 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.08299776 = 0.166 BTC [-]
BingoBoingo: asciilifeform: To be fair this wasn't a Flag officer, but Flag enlisted
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03050271 = 0.2135 BTC [-] {3}
dub: grab the turkey cletus we headin for the shelter
assbot: [HAVELOCK] [B.SELL] 4 @ 0.05348998 = 0.214 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 20 @ 0.03 = 0.6 BTC [-]
assbot: [HAVELOCK] [B.SELL] 11 @ 0.05372635 = 0.591 BTC [+] {5}
dub: how many times has the national guard deployed a gunship in the history of gunships
BingoBoingo: dub: Well they probably didn't have to deploy "their" gunships, just their pilots
BingoBoingo: Eh, if bad collapse happens the teaparty factions are just as likely to be oppresive and appropriate your crops as the gobmint factions
BingoBoingo: This goes to the Orlov, the USSR was set up be not collapse as painfully as the thing could have otherwise.
mircea_popescu: ThickAsThieves well i was supposed to describe ME not her.
assbot: [HAVELOCK] [AM100] 33 @ 0.0049404 = 0.163 BTC [-]
nubbins`: so i went out to have a drink earlier, stumbled across a poster we printed last november, still stuck to a pole
nubbins`: paper is bleached almost white, inks are immaculate
mike_c: you should use better paper
assbot: [HAVELOCK] [B.SELL] 2 @ 0.05399 = 0.108 BTC [+] {2}
mircea_popescu: nubbins` i had a self-adhesive print last ~2 years on a facade.
mircea_popescu: i'd guess easily 1mn pairs of eyeballs. total cost ? like $5
nubbins`: guerrilla advertising is best advertising
nubbins`: we use cotton rag paper for good posters. these are cheapies for taping to poles.
nubbins`: chinese were doing it 1000 years ago
TestingUnoDosTre: Oh it appears so. My friend's sister has an old school platten printing machine that looks like it's from the 19th century
nubbins`: if you'll excuse me, my wife needs to be bothered
assbot: Voicing Lee- for 30 minutes.
assbot: Voicing frz78 for 30 minutes.
TestingUnoDosTre: asciilifeform - there was a book burning or what the hell happened?
gribble: Bitstamp BTCUSD ticker | Best bid: 514.0, Best ask: 517.0, Bid-ask spread: 3.00000, Last trade: 517.26, 24 hour volume: 33656.62801655, 24 hour low: 453.16, 24 hour high: 528.75, 24 hour vwap: 492.41993782
assbot: Voicing TomServo for 30 minutes.
mircea_popescu: asciilifeform a fitting punishment for they who refused to acknowledge doom.
TomServo: I'm sure it's been done to death, but could someone point me to instructions on getting into assbots wot?
mircea_popescu: more's the point... to this day there are people running around claiming they're... "journalists"
mircea_popescu: i suppose each of the 29 will publish their own personal criteria, if/when they get around to it
mircea_popescu: maybe we'll hold a yearly vote at the conference to add more to the l1 list
TomServo: Ah, so even being in wot I still need to ask for voice?
mircea_popescu: asciilifeform yes, well, if it were unequivocally clear, like, mastodon is dead, it would be easy
mircea_popescu: once the Level 2: reads > 0 you can pm assbot !up and it'll voice you
BingoBoingo: TomServo: I'm a forgetful person, what sort of stuff do you do?
TestingUnoDosTre: just make sure it's from a person on the Wot, then they'll give you a rate
TomServo: BingoBoingo: I'm a lowly network engineer, looking for my niche.
assbot: Voice for TomServo extended to 30 minutes.
TomServo: asciilifeform: I've actually been here quite a while (2+ years I'd guess). Hard for me find conversation as stimulating as what happens here.
gribble: Rating entry successful. Your rating of 1 for user TomServo has been recorded.
joecool: not sure how that works if the tax accounting firm fucks it up badly, does fed go after them or the individual?
mike_c: the individual is responsible.
joecool: mike_c: for the amounts paid, but can't be held negligent if accountant fucks up
joecool: i'm assuming tax accountants carry insurance for this sort of thing
mircea_popescu: basically, as a us citizen you're better off if your accountant runs off with your money than if your accountant misfiles your taxes.
mike_c: what does 'held negligent' mean? you have to pay the penalties..
assbot: [HAVELOCK] [RENT] 200 @ 0.0075 = 1.5 BTC [+]
joecool: accountant pocketed his tax payments, didn't file for 7 years, then kicked the bucket, no idea about the truth of it all
joecool: sry couldn't find another source
mircea_popescu: actually a VERY similar thing happened here last year. i arrive at my accountant's office, usually a quiet place with maybe 1-2 other people present, cause the gal is nuts abour scheduling, to find it in complete turmoil, bunches of evidently panicked people.
mircea_popescu: turns out, an accountant handling the accounts of ~200 small businesses had been found by the tax authority to not have filed anything for months
mircea_popescu: so they re-allocated all teh customers to the shortlist of competent accountants all around town
joecool: well i mean if you actually look at the returns, the accountant is signing off to say they believe the return to be true to the best of their knowledge under penalty of perjury
joecool: the individual signs off to say they are reporting their income and such to the best of their knowledge
mircea_popescu: davout didn't wanna let me sell x.eur short, i could have been rich.
joecool: for the tax liability yes, fines (not interest) though i believe would get waived
joecool: i'm in this situation from the last company i started, initial accountant gave us horrible advice for 2012 since we formed the LLC in november and turned *very* small revenue, said it would be under limit to file
mircea_popescu: kinda stupid, why not use the year to create a tax liability
joecool: hired a better firm this year, they went over it and warned us we had to file, paid the filing fees from last year, and warned us to expect a letter from the IRS asking for damages
assbot: [HAVELOCK] [AM1] 1 @ 0.52394834 BTC [+]
joecool: there's a process to go through to appeal a fine in this sort of situation
joecool: current accountants will handle it
assbot: Voicing bloctoc for 30 minutes.
bloctoc: I don't know what that means
BingoBoingo: bloctoc: Auth with gribble and pm assbot !up
bloctoc: do I get a prize or something?
assbot: Voicing the20year1 for 30 minutes.
the20year1: spent like 30m today trying to figure out how to authenticate via gpg and couldn't do it
the20year1: gribble keeps giving me an error when i do the pastebin thing
BingoBoingo: I always just eauth and do the decrypt thing
the20year1: does that work for original registration?
the20year1: That's what i did, and it seemed like I still needed to register
assbot: [HAVELOCK] [B.EXCH] 19 @ 0.08299776 = 1.577 BTC [-]
Apocalyptic: the20year1, have you submitted the keys to GPG servers ?
Apocalyptic: <the20year1> gribble keeps giving me an error when i do the pastebin thing // what's the error then ?
bloctoc: seems like the price of bitcoin went up quite a bit with this new voice policy
Apocalyptic: I haven't said this, but I think the new policy is a good idea, ty mircea
bloctoc: whoever set it up thanks. Have my prize.
bloctoc: does that mean it's a secular thing? I've seen some NMC services.
bloctoc: for the record I don't know what secular means in this context.
assbot: [MPEX] [S.MPOE] 10950 @ 0.00097271 = 10.6512 BTC [-]
mircea_popescu: kako did the hard work which is why i should be getting all the praise
mike_c: plus hard work is its own reward
Apocalyptic: btw pankkake, are you reading l'odieux connard ?
assbot: [MPEX] [S.MPOE] 22200 @ 0.00097271 = 21.5942 BTC [-]
assbot: [MPEX] [S.MPOE] 2899 @ 0.00097198 = 2.8178 BTC [-]
assbot: [HAVELOCK] [PETA] 2 @ 0.06698979 = 0.134 BTC [-]
assbot: [MPEX] [S.MPOE] 15501 @ 0.0009699 = 15.0344 BTC [-]
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02899999 = 0.174 BTC [-] {6}
assbot: [HAVELOCK] [B.SELL] 2 @ 0.054 = 0.108 BTC [+]
assbot: [HAVELOCK] [B.SELL] 4 @ 0.053999 = 0.216 BTC [-]
assbot: [MPEX] [S.MPOE] 2800 @ 0.00097357 = 2.726 BTC [+]
ozbot: 6.120 billion | Next Diff in 252 blocks | Estimated Change: 13.7964% in 1d 11h 32m 13s
assbot: Voicing ukyo for 30 minutes.
assbot: [HAVELOCK] [AM1] 10 @ 0.52565556 = 5.2566 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 18475 @ 0.00097395 = 17.9937 BTC [+] {2}
assbot: Voicing numerisTrade for 30 minutes.
assbot: [HAVELOCK] [AM1] 5 @ 0.52999999 = 2.65 BTC [+] {2}
BingoBoingo: numerisTrade: What sort of stuff do you do?
numerisTrade: gradually paving my way to bitcoin finance, currently starting with secured loans / repo transactions on small scale
assbot: [HAVELOCK] [AM100] 100 @ 0.0050905 = 0.5091 BTC [+] {4}
BingoBoingo: I'm a bit tipsy, but I'll take a look at it.
BingoBoingo: Wait TheRock is a thing? I made an account there once hoping to dump freexrp without a colonoscopy, but... seemed sketch
numerisTrade: well, I don't trust them with a lot of money, but everything seemed ok
numerisTrade: I had some technical issues once, the support reacted quickly
BingoBoingo: Well I guess since the second life thing they trade has been around, they probably function. It's just like they added support for crypto currencies while neglecting any sort of outreach. Also their limits seemed kind of crap when I tried them.
assbot: Voicing jordandotdev for 30 minutes.
assbot: Voicing Ukyo for 30 minutes.
assbot: Voicing numerisTrade for 30 minutes.
BingoBoingo: numerisTrade: You're welcome. Since the channel's quiet I'm trying to think about ways to give you level 2 with Assbot by trusting you that involve risk incurred on your part.
assbot: [MPEX] [S.MPOE] 8700 @ 0.00097158 = 8.4527 BTC [-]
BingoBoingo: numerisTrade: Pick a baseball game happening tomorrow
fluffypony: BingoBoingo: borrowing when tipsy...? :-P
fluffypony: my knowledge of baseball comes from two weeks in St. Louis
BingoBoingo: numerisTrade: Well, since lending is about pricing risk I was going to suppose a challenge where you might price risk for trust
BingoBoingo: fluffypony: The best place to get baseball knowledge
fluffypony: where all I had hammered into me was "Cardinals good, Pujols good"
fluffypony: BingoBoingo: yeah this was in early 2010
BingoBoingo: I was In front of a classroom when Prince Albert betrayed us.
BingoBoingo: A number of students were shaken the rest of the morning after I broke the news
BingoBoingo: numerisTrade: Well I was going to suppose something along the lines of:
BingoBoingo: 5) If you win the bet you get coins and lended trust, or you lose and pay for trust for being a person of word in this matter
numerisTrade: ok, would you agree if we conducted this later on today? e.g. 2 p.m. GMT?
BingoBoingo: numerisTrade: I may not be awake then, but if I am I would still be amenable.
BingoBoingo: Since this is a kind of novel thing it may be best if we keep the stakes low at 0.01 BTC simply because unescrowed bets have such a poor history in BTC so far thanks to MNW
numerisTrade: I agree, as you might have noticed, I'm still quite small
BingoBoingo: numerisTrade: We are all small, this space is still small. I mean +m only happened Friday.
BingoBoingo: MNW was an episode in BTC history worth researching.
BingoBoingo: I'd also be open to considering sports where you might have the knowledge advantage provided you can specify a decent resolution source.
numerisTrade: ok, I'll prepare something. If you aren't on the channel then, I'll leave you a message, I'll be on the channel up till 21:00 GMT, or we'll meet tomorrow same time as today
HeySteve: another scammer from old times?
joecool: Matthew N. Wright is a former Republican member of the Pennsylvania House of Representatives.
BingoBoingo: numerisTrade: My waking hours as well as my online hours can be rather unpredictable even for myself. If you can find and event and we can agree to it before it plays I'd be amenable.
HeySteve: ah that's bad form, a man honours his debts
BingoBoingo: "ah that's bad form, a man honours his debts" and "assbot removes voice from Ukyo" Fortuitous? Maybe I am just drunk and dense?
BingoBoingo: fluffypony: What are your thoughts on this unescrowed bet as an entante that might establish a measure of trust?
fluffypony: and the risk to both parties is minimal
BingoBoingo: fluffypony: Well, what if the newcoming party is especially new?
fluffypony: well we're talking about establishing a baseline
fluffypony: and the WOT will link the new party back to you
fluffypony: and the amount will surely be mentioned in the rating
fluffypony: which means the educated user won't trust way beyond that
BingoBoingo: But on the matter of +m being a thing, isn't the person with L1 trust offering a chance at L2 trust taking a substantial risk
assbot: Voicing numerisTrade for 30 minutes.
fluffypony: if the newcomer ends up being a scammer, for instance
fluffypony: will those scammed come back to you and say "I trusted X because you trusted them!"
fluffypony: or will they, BEFORE trading/borrowing/whatevering, come to you and say "why do you trust X?"
BingoBoingo: fluffypony: I mean people can /ignore, but if the person who socially engineers trust for the purpose of spamming gets to self up, the only recourse is for the L1 to remove their trust or themselves be dropped
fluffypony: it seems to me that it should be the latter, but all too often it's the former
BingoBoingo: fluffypony: Well coming and asking is the ony way a WoT works.
fluffypony: or even changing their rating to negative based on their observation of it
HeySteve: hey fluffypony, that reminds me, would you rate me for that deal we did?
HeySteve: thanks you trusted me for about $500, I will return the favour
fluffypony: ;;rate HeySteve 2 ~$500 ZAR interbank (EFT) transfer for my BTC/LTC, smooth like pineapple juice
assbot: [MPEX] [S.MPOE] 7350 @ 0.00097414 = 7.1599 BTC [+] {2}
gribble: Rating entry successful. Your rating of 2 for user HeySteve has been recorded.
BingoBoingo: ;;rate numerisTrade 1 Trust offered on credit
gribble: Rating entry successful. Your rating of 1 for user numerisTrade has been recorded.
BingoBoingo: numerisTrade: Well I plan to remove/expire this loaned trust on Thursday unless we can find something to risk and establish a longer term lending of trust over.
fluffypony: what's interesting about WoT vs. something like BTCJam's profiles is that WoT makes the long-con substantially more difficult
BingoBoingo: numerisTrade: For the time in the interim I offer you the ability to self up so that you can answer questions on your lending venture and establish value with others or undertake some sort of risk to honor.
fluffypony: on BTCJam I see a LOT of people with "reputation" loans
fluffypony: and because they've paid back they're considered trustworthy
fluffypony: but there's literally no other reason to trust them than they have a couple of months of not screwing anyone over
BingoBoingo: Reputation loans have always been a problem.
gribble: Nick 'numerisTrade', with hostmask 'numerisTrade!57ccf3c2@gateway/web/freenode/ip.87.204.243.194', is identified as user 'numerisTrade', with GPG key id 3B5A64169734D48F, key fingerprint 8D77A1296B71AD54AD09F2FD3B5A64169734D48F, and bitcoin address None
BingoBoingo: Tradefortress was a horrible social engineering problem
HeySteve: WoT is a deep system, very interesting
BingoBoingo: HeySteve: Honestly the biggest plus of bitcoin is that it compels WoT
HeySteve: yeah I'd say any kind of decentralised commerce needs such a system
fluffypony: I wonder if guys like that hoard their stash or end up living the high life for a few months before being broke?
BingoBoingo: fluffypony: Like MNW? In his case there is no way to know that he ever had a stash.
fluffypony: BingoBoingo: I was thinking more like TF
ozbot: Weev Talks About Life In Prison And His Plans To Open A Hedge Fund, TRO LLC | TechCrunch
BingoBoingo: "Weev: One can abandon their citizenship in a tyranny for more reasonable shores. Thats about it. Three Felonies a Day is a great book explaining the commonplace reality of capricious indictments."
BingoBoingo: "They will not indict you because you are a bad operator. They will indict you because you are there. I overturned my verdict only because I am an asshole. "
assbot: Voicing eqx for 30 minutes.
BingoBoingo: Tell anyone new to fuck themselves recently?
fluffypony: BingoBoingo: good, she's gone to gym already
fluffypony: not since the last time someone insulted her
BingoBoingo: Well, this stuff has to be in the logs for future reference. I mean how old was the Trilema when she took the pic?
BingoBoingo: fluffypony: You remember the title better than I... ;;google title
fluffypony: although I didn't know of its existence till it was pointed out
fluffypony: maybe mircea should email people he blogs about so that they know
BingoBoingo: You'd be surprised how quickly Mircea found my blog once I'd opened it and it had been months since I had been a regular in -assets
fluffypony: BingoBoingo: maybe he has a Google alert notification for his name?
joecool: BingoBoingo: your site down?
fluffypony: BingoBoingo: my nick / name wasn't mentioned on the post, except in the screenshot of the thread, so discovery would've been tricky
joecool: BingoBoingo: only been waiting like 30s for it to load
BingoBoingo: It has been slow this past hour or so on the control panel, but the web side was responsive.
BingoBoingo fills out a support ticket and awaits bitcoin prices that can support a 1U server rack from endowment funds.
jurov: fluffypony: you know about rss ?
fluffypony: jurov: yes, but I didn't have Trilema in my feeds a year ago
assbot: [HAVELOCK] [AM100] 200 @ 0.0051 = 1.02 BTC [+]
BingoBoingo: Also blog seems very responsive nao that ticket was filed
assbot: [MPEX] [S.MPOE] 26414 @ 0.00097416 = 25.7315 BTC [+]
assbot: [MPEX] [S.MPOE] 22750 @ 0.00097418 = 22.1626 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0286 = 0.1144 BTC [-]
assbot: [HAVELOCK] [NEOBEEQ] 1300 @ 0.00016026 = 0.2083 BTC [-] {11}
assbot: [HAVELOCK] [NEOBEEQ] 1200 @ 0.00010118 = 0.1214 BTC [-] {5}
assbot: [HAVELOCK] [AM100] 91 @ 0.0051 = 0.4641 BTC [+]
assbot: [MPEX] [S.MPOE] 30950 @ 0.00097153 = 30.0689 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 17600 @ 0.0009761 = 17.1794 BTC [+] {2}
assbot: [HAVELOCK] [ALC] 5 @ 0.14 = 0.7 BTC
mircea_popescu: okay so just in case... anyone got a current contact for weev ?
dub: visit him in jail with a message stowed in your anus
dub: oh, then write it on a hotdog and throw it up the hallway that was his ass
assbot: [HAVELOCK] [B.SELL] 2 @ 0.05250221 = 0.105 BTC [-]
ozbot: Mt. Gox Files for Liquidation - WSJ.com
ozbot: 'PGP' encryption has had stay-powering but does it meet today's enterprise demands? - CSO | The Reso
assbot: [HAVELOCK] [AM100] 173 @ 0.00511054 = 0.8841 BTC [-] {6}
assbot: [HAVELOCK] [AM1] 1 @ 0.51000242 BTC [-]
assbot: [HAVELOCK] [AM1] 3 @ 0.51000148 = 1.53 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 10 @ 0.02862602 = 0.2863 BTC [-] {6}
assbot: [HAVELOCK] [B.SELL] 6 @ 0.05391665 = 0.3235 BTC [+] {5}
assbot: [HAVELOCK] [AM1] 4 @ 0.51 = 2.04 BTC [-]
pankkake: didn't even know BullionRock existed
mircea_popescu: pankkake earlier this small island in the channel said it won't impose regulations
mircea_popescu: i dunno how far i'd trust them to stick with it, but so far it's been encouraging people.
assbot: [HAVELOCK] [PETA] 8 @ 0.0660001 = 0.528 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 27 @ 0.066 = 1.782 BTC [-]
TestingUnoDosTre: Assembly is such a wise ass. Its like yah dude I know the deal, I'm in here eryday
ozbot: Oleg Andreev - BitUndo can destroy instant 0-confirmation transactions
mpexbot: thestringpuller: S.MPOE Bids: ['1599 @ 0.00097149', '15602 @ 0.00096589', '7100 @ 0.00095965', '9100 @ 0.00095903', '1000 @ 0.00095001']
mpexbot: thestringpuller: Asks: ['23988 @ 0.00097649', '18750 @ 0.00097667', '3846 @ 0.0009779', '19450 @ 0.00097963', '24900 @ 0.00098016']
nubbins`: "does PGP public-key encryption still meet today's enterprise demands, given the rise of cloud computing and mobile?"
nubbins`: "does encryption still make sense, now that we're looser than ever with our sensitive data?"
nubbins`: too complicated, can't we just share all this stuff on the network drive?
assbot: Voicing davout for 30 minutes.
assbot: Voicing Kushedout for 30 minutes.
assbot: Voicing numerisTrade without time-limit.
assbot: Voicing MobGod for 30 minutes.
assbot: Voicing dr3 for 30 minutes.
assbot: Voicing smidge for 30 minutes.
assbot: Voicing zoinky for 30 minutes.
davout: nubbins`: wanna light some jasmine candles and talk about our feelings?
nubbins`: only if they're thin and green
ozbot: Leonard Cohen-one of us cannot be wrong (original) - YouTube
ozbot: Lagwagon Let's Talk About Feelings (full album) - YouTube
nubbins`: hmm, Voicing numerisTrade without time-limit?
nubbins`: ;;gettrust assbot numerisTrade
numerisTrade: I was wondering why are you voicing me. I mean, that's kind of you, but...
nubbins`: i just upped everyone who's joined since i did ;(
assbot: [MPEX] [S.MPOE] 1599 @ 0.00097149 = 1.5534 BTC [-]
assbot: [HAVELOCK] [B.SELL] 17 @ 0.05399999 = 0.918 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 18384 @ 0.00097133 = 17.8569 BTC [-]
assbot: [MPEX] [S.MPOE] 80741 @ 0.00096747 = 78.1145 BTC [-] {2}
TestingUnoDosTre: I'm just beginning to read the mathew n Wright forum. Anyone want to give me a summary of the ending first?
assbot: [HAVELOCK] [RENT] 48 @ 0.0075 = 0.36 BTC [+]
assbot: [HAVELOCK] [HIF] 1950 @ 0.00013991 = 0.2728 BTC [-] {10}
assbot: [HAVELOCK] [CBTC] 4305 @ 0.0001162 = 0.5002 BTC [-] {7}
jurov: ..lived happily ever after.
assbot: [HAVELOCK] [AM1] 1 @ 0.52984286 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.52990032 = 1.0598 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 45 @ 0.00554509 = 0.2495 BTC [-]
assbot: [HAVELOCK] [AM100] 29 @ 0.00554489 = 0.1608 BTC [-]
Duffer1: sorry man that all was before my time, not sure what all happened
TomServo: He didn't pay, if I recall correctly
assbot: [HAVELOCK] [ALC] 5 @ 0.14 = 0.7 BTC
assbot: Voicing mjr_ for 30 minutes.
rithm: did i break your chats with mursiks
TomServo: TestingUnoDosTre: 9 September 2012 Matthew Neal Wright (mentioned above) had been offering interested parties bets on whether the Bitcoin Savings and Trust will fail or not. Numerous people took the bet, MNW failed to pay out when the collapse of that Ponzi scheme became fact. Consequently scammertagged in the forum.
ozbot: The Bitcoin Drama Timeline pe Trilema - Un blog de Mircea Popescu.
assbot: [HAVELOCK] [RENT] 90 @ 0.0075 = 0.675 BTC [+]
assbot: [HAVELOCK] [B.MINE] [PAID] 3.46002048 BTC to 8`421 shares, 41088 satoshi per share
TomServo: I don't believe he paid at all
rithm: MNW paid some people privately
rithm: and others not at all
rithm: i used to think he paid no one but I've since learned differently
TestingUnoDosTre: Not sure if best or worst scam in entire history of bitcoin...
rithm: why he still hangs around though i dunno he's juvenile
rithm: foum is full of them
rithm: does a scammer tag on the forum have nay relevance at all?
rithm: i mean what does it mean?
rithm: is theymos a scammer?
rithm: sorry, i mean thermos, he goes by thermos now
rithm is just curious what the actual real world consequences of a bitcointalk.org scammer tag are
TestingUnoDosTre: But some obvious people are still tagged- ie nefario, pirateat40
rithm: yes, and now there is some half assed trust system
rithm: which is broken because you have no way to idetify the person you communicate with on that forum
rithm: unless you start gpg signing pm's and posts
ozbot: CoinStax – 1 oz. Perth Mint Gold Bars (25 count Box)
rithm: ;;calc 33678.50/[tlast]
benkay: mjr_: you're not in the wot!?
benkay: ;;rate TomServo 1 #bitcoin-assets +v
gribble: Rating entry successful. Your rating of 1 for user TomServo has been recorded.
assbot: [HAVELOCK] [B.MINE] 18 @ 0.02987944 = 0.5378 BTC [+] {2}
mjr_: but I think you have to look up by my name
assbot: Voicing mjr_ for 30 minutes.
mjr_: I believe in the WoT I am Josh_Rossi or JoshRossi
gribble: User 'Josh_Rossi', with keyid C286BB96FE9B6CD3, fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX, registered on Sat Mar 9 18:38:35 2013, last authed on Sat May 11 08:47:37 2013.
http://b-otc.com/vg?nick=Josh_Rossi . Currently not authenticated.
gribble: Nick 'mjr_', with hostmask 'mjr_!~Thunderbi@190.105.171.186', is not identified.
mjr_: hold on a sec, i will identify
mjr_: if i can remember how
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation:
http://gribble.sourceforge.net/ mjr_: what is the command?
gribble: Error: "authenticate" is not a valid command.
gribble: Nick 'mjr_', with hostmask 'mjr_!~Thunderbi@190.105.171.186', is not identified.
artifexd: You can do all that in a pm channel with gribble.
artifexd: It would prevent flailing about in public. ;)
mjr_: what is the command again?
bounce: a choice of auth, eauth, bcauth
benkay: artifexd: you're no fun!
mjr_: lol, don't worry still have trouble
mjr_: its a pastebin, right?
mjr_: what is gribble expecting for the verify part
benkay: everify <decrypted otp>
gribble: Error: "idet" is not a valid command.
gribble: CAUTION: irc nick differs from otc registered nick. Nick 'mjr_', with hostmask 'mjr_!~Thunderbi@190.105.171.186', is identified as user 'Josh_Rossi', with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
mjr_: now i'm identified, that is my WoT name
mjr_: yeah...no one ever rates me
davout: ;;rate mjr_ 1 nice guy
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
davout: ;;rate Josh_Rossi 1 nice guy
gribble: Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.
artifexd: Now if your nick matches your wot, you can pm assbot and !up yourself.
mjr_: I used to have a script that would authenticate me when i sign in
gribble: Nick 'Josh_Rossi', with hostmask 'Josh_Rossi!~Thunderbi@190.105.171.186', is identified as user 'Josh_Rossi', with GPG key id C286BB96FE9B6CD3, key fingerprint 3812AFD43A6B8A057F37D858C286BB96FE9B6CD3, and bitcoin address 1LokQrHj14NU93tC6pZfTZyyRHhAVakQmX
gribble: Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.
Josh_Rossi: i'm not even sure if i still have that btc address...
gribble: Rating entry successful. Your rating of 1 for user davout has been recorded.
gribble: Rating entry successful. Your rating of 1 for user benkay has been recorded.
mjr_: I have almost no standing in the WoT
mjr_: but I don't actually ask for stuff...so I guess its ok
jurov: ;;rate mjr_ 1 satoshi square
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
jurov: ;;rate Josh_Rossi 1 satoshi square
gribble: Rating entry successful. Your rating of 1 for user Josh_Rossi has been recorded.
bounce: donald rumsfeld complaining the tax code is too complex. what'd he try and do about it when he had the chance?
assbot: [HAVELOCK] [AM1] 1 @ 0.53180969 BTC [+]
assbot: [HAVELOCK] [ALC] 323 @ 0.14 = 45.22 BTC
TestingUnoDosTre: I had a bet submitted with 1 confirmation before event occured, and they're trying to refund me
gribble: Rating entry successful. Your rating of 2 for user phf has been recorded.
mjr_: what happened to the options on mpex?
TestingUnoDosTre: I submitted a bet that had 1 confirmation prior to bitstamp going to 525and they're trying to refund
kakobrekla: is the timestamp of your bet on bitbet after the event or before?
ozbot: 6.120 billion | Next Diff in 177 blocks | Estimated Change: 13.1257% in 1d 1h 34m 48s
kakobrekla: ;;later tell mircea_popescu complaint ^^
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
bitcoinpete: benkay: "aristocracy" works like as well as ever. Also, very much enjoyed your recourse piece :D
ozbot: Ex-Post: Toronto Bitcoin Expo | When Bitcoin Met Pete
kakobrekla: oh and btw, since im the first, greetings from Romania.
kakobrekla: TestingUnoDosTre, wait for mp to return
gribble: mircea_popescu was last seen in #bitcoin-assets 4 hours, 48 minutes, and 15 seconds ago: <mircea_popescu> i dunno how far i'd trust them to stick with it, but so far it's been encouraging people.
fluffypony: bitcoinpete: so when are they launching their decentralised iOS exchange?
fluffypony: I look forward to running it, as long as I can invest in the "company" behind it with BitShares or ProtoShares or whatever-the-fuck-shares
bitcoinpete: kakobrekla: have fun at the conference! i hope to make it next year
kakobrekla: thanks bitcoinpete, already having fun.
Apocalyptic: kakobrekla, you're the first that arrived ?
fluffypony: I should actually write a Dogecoin-denominated trading site and only allow companies that are clearly a joke
kakobrekla: Apocalyptic yes, noone will be here till tomorrow
TomServo: How many are supposed to attend this year?
bitcoinpete: kakobrekla: drink a few ursus' and eat a few mititei for us. it's a deadly combo
Apocalyptic: jurov and asciilifeform are attending i think
kakobrekla: right now im in the hotel bar, sipping a double jack.
kakobrekla: 20:45.05 . numerisTrade ( ~numeris@unaffiliated/numeristrade ) joined #bitcoin-assets
kakobrekla: 20:45.05 . sendak.freenode.net sets #bitcoin-assets mode +v numerisTrade
kakobrekla: 20:45.05 . ChanServ sets #bitcoin-assets mode -v numerisTrade
kakobrekla: anyway, as i said, complaints to go to MP
mpexbot: thestringpuller: S.MPOE Bids: ['1000 @ 0.00095001', '1000 @ 0.00094501', '450 @ 0.00082', '4000 @ 0.0008101', '3000 @ 0.00081']
mpexbot: thestringpuller: Asks: ['8459 @ 0.00096466', '14441 @ 0.00097133', '14600 @ 0.00097259', '18750 @ 0.00097667', '19450 @ 0.00097963']
bitcoinpete: the register has been reading -assets. ^borkt
fluffypony: I used to love TheRegister when it was this slightly obscure British publication that was the only way of following the BOFH saga
fluffypony: but like pre-2005 BOFH is still golden
bounce: stopped reading that years ago. the old stuff was good, though.
bounce: bofh used to be on whatwasit networkworld? only came to el reg later
fluffypony: bounce: yeah, went to El Reg for its "revival"
TestingUnoDosTre: Why do you think they've been reading assets? Found no quotes UN artcke?
ozbot: This reader mocked Heartbleed, posted his passwords online. Guess what happened next.
wywialm: bitcoinpete, some time ago i tried to discuss your deflation artice with you, do you have a while?
wywialm: do you believe there may be bad deflation? or good inflation?
bounce: that pdf waffles like the fat frenchman wrote it
assbot: [HAVELOCK] [PETA] 2 @ 0.06690987 = 0.1338 BTC [+]
fluffypony: BingoBoingo: "hacked" by some obscure definition of hacked we weren't previously privy to
bitcoinpete: wywialm: as hamlet said: “there is nothing either good or bad, but thinking makes it so."
TestingUnoDosTre: For the record, bitcoin is inflating at a rapidly decreasing, defined rate
bitcoinpete: no doubt that a lot of people will be screwed out of pensions and other lofty promises, also little doubt that faux egalitarianism will fall by the wayside
bitcoinpete: TestingUnoDosTre: totally. it's the first deterministically scarce asset with a decreasing inflation rate
bitcoinpete: it's really fiat that's collapsing unpredictably into bitcoin
wywialm: ok, to be precise: do you believe there are circumstances in which deflation would do unnecessary harm to the economy, its net effects being negative?
wywialm: in the same way we could call some forms of governments net negative on the economy
wywialm: to be even more precise, by inflation i mean rising *price level*, not plain money growth
Apocalyptic: wywialm, you're using the perverted meaning of inflation I see
bitcoinpete: right, the price of goods and services is decreasing despite the monetary base increasing
wywialm: clearly that's the message of your article, bitcoinpete. I'm asking whether it is "always and everywhere"
wywialm: Apocalyptic, no, it's a standard definition, contrary to late Mises and Rothbard, and avoids much confusion
bitcoinpete: wywialm: history would seem to say so. we'll see whether it rhymes this time 'round
assbot: [HAVELOCK] [ALC] 350 @ 0.14 = 49 BTC
wywialm: to be even more clear, i generally agree with you that under normal conditions of rising productivity, moderate deflation is very desirable
bitcoinpete: bitcoin and gold are checks on tyrannical mobs
mod6: (10:01) <+pankkake> oh I loved BOFH! << me too, the old ones are best imho.
wywialm: sure, but that's fiscal effect of both. i try to focus on monetary effects
bitcoinpete: wywialm: monetary effects don't exist in isolation. nothing does. and least of all in economics
Apocalyptic: wywialm, not really, the standard definition is the increase of the money supply, or monetary base
bitcoinpete: we can't say that increasing x is desirable because it correlates to increased y without considering the social and political impacts
benkay: bitcoinpete: "whatever is is right" to quote another poet.
wywialm: bitcoinpete, we try to abstract from them now. Without this tool no economic analysis would be possible
benkay: good bad who cares bitcoin is here to kick the ass of anyone who wants to diddle the number of currency units around
bitcoinpete: benkay yup, pretty much. it's skill-gettin' time
wywialm: Apocalyptic, when did this term get 'perverted' and why would it be an argument against defining it that way?
numerisTrade: bitcoinpete, would then *steadily shrinking* currency unharmful as well?
bitcoinpete: numerisTrade: i imagine that a currency whose supply is decreasing over time wouldn't make for a very good currency. an example of this would be the picassos in the world today. over time, they're lost to fires, floods, irreparable damage, etc. as such, no one defines picassos as currency just as no one sane defines bitcoin as money
numerisTrade: wait, bitcoin is not money only in current legal sense
TestingUnoDosTre: Gunna subconsciously call bitcoins Picasso's now every time I check my portfolio
ozbot: OpenBSD has started a massive strip-down and cleanup of OpenSSL | Lobsters
jurov: "they’re incinerating compatibility with upstream with a plasma torch" lol
wywialm: well, bitcoin is medium of exchange, you can play with definitions as you wish, but it won't help with understanding anything
bitcoinpete: numerisTrade: the irs' ruling of bitcoin as property is actually quite accurate and intelligent. bitcoin is far more like property overlooking central park than the dollars in our pockets
numerisTrade: and bitcoins will reach a point when they will be decreasing, due to losses and so on
jurov: i guess eiteher they will be mined or some protocol to recover 100 years untouched outputs will be agreed upon
jurov: unlike picassos, here it is possible
wywialm: bitcoinpete, legalistically, yes, but property and land could be money in economic terms
bitcoinpete: wywialm: so can a barrel of oil. so can a chicken. so...
bitcoinpete: jurov: good point, hadn't thought of that. oh the wonders of software
mpexbot: thestringpuller: S.MPOE Bids: ['11090 @ 0.00095019', '1000 @ 0.00095001', '1000 @ 0.00094501', '450 @ 0.00082', '4000 @ 0.0008101']
mpexbot: thestringpuller: Asks: ['8459 @ 0.00096466', '14441 @ 0.00097133', '14600 @ 0.00097259', '18750 @ 0.00097667', '19450 @ 0.00097963']
wywialm: so we could analyse economic impact of bitcoin being money, either now or some time later
assbot: [HAVELOCK] [PETA] 2 @ 0.0668 = 0.1336 BTC [-]
Apocalyptic: some protocol to recover 100 years untouched outputs will be agreed upon // unlikely
jurov: Apocalyptic: why not?
jurov: it would be just a simple rule that miner can take 5 million blocks old unspent output(s).
jurov: and there will be muich bigger changes necessary much sooner than 100 years, you really think SHA-256 will resist so long?
TestingUnoDosTre: And its not like bitcoin owners won't be able to transfer value to said systems
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
jurov: In fact I think having shorter delay, like 5 years would force criminals to spend, benefitting everyone
Apocalyptic: jurov, really the criminal argument coming from you ?
pankkake: bitcoin could work with md4. the goal is to brute force it, so it doesn't matter how broken it is
jurov: what's so shocking?
Apocalyptic: SHA-256 will resist so long? // even if a full 1 block colision is found, it won't affect mining
wywialm: jurov, do you believe spending of criminals will benefit the economy?:)
wywialm: i happen to agree with you, especially considering bitcoin deflation argument, but if so, wouldn't e.g. printed-money-spending benefit economy as well in some cases?
jurov: i think it's more about stability of money supply
jurov: can you imagine someone hoarding and after 10 years throwing in few millions btc
wywialm: so, withholding money from circulation might have similar effects (and we believe them to be negative) as coin loss?
wywialm: (under certain conditions, not always, etc. of course)
pankkake: that person can hoard by moving the coins for free
pankkake: though miners would then be incentivized to REFUSE transactions
jurov: pankkake: but then everyon knows they are not lost
jurov: currently everyone can only guess
pankkake: no, you're not spending that output, because I want to grab it!
jurov: pankkake: market will solve that nicely. miners will take the txfee now instead of waiting for expiration
ozbot: Computer simulations teaching themselves to walk - Bizarre - YouTube
ozbot: Karl Sims - Evolved Virtual Creatures, Evolution Simulation, 1994 - YouTube
wywialm: bitcoinpete, let's follow jurov and imagine that somehow demand for money/bitcoin sharply increases. Would it be harmful to general trade conditions? That is, would it generate a recession? If not, why?
wywialm: probably, let's leave bitcoin for now, as it's not money as a unit of account for majority of bitcoinholders
wywialm: let's focus just on abstract 'money'
jurov: what is meant by "demand for bitcoin increases"?
wywialm: demand for money, no bitcoin :) flight from assets to cash.
jurov: popping of reality/stock bubble as usual?
assbot: [MPEX] [S.MPOE] 26946 @ 0.00095914 = 25.845 BTC [-]
wywialm: not necessarily - after such 'pop' there are usually calls that there was a bubble, but not every falling asset was a bubble previously
benkay: wywialm: it's money as a unit account for the bitcoin holders that matter.
benkay: note that everything on mpex is btc-denominated.
benkay: one can even buy hosting denominated in btc
assbot: [MPEX] [S.MPOE] 7167 @ 0.00096466 = 6.9137 BTC [+]
mpexbot: thestringpuller: S.MPOE Bids: ['15174 @ 0.00095914', '75 @ 0.00095266', '11090 @ 0.00095019', '1000 @ 0.00095001', '1000 @ 0.00094501']
mpexbot: thestringpuller: Asks: ['1292 @ 0.00096466', '14441 @ 0.00097133', '14600 @ 0.00097259', '18750 @ 0.00097667', '19450 @ 0.00097963']
wywialm: sure, but i didn't want to enter this branch of discussion
benkay: in assets brach enters you!
bitcoinpete: wywialm: from personal experience, when the price is going parabolic, there's little incentive to spend bitcoin when the good or service will be cheaper tomorrow and the need isn't dire
bitcoinpete: so under such conditions, the economy is filtered for value
wywialm: agreed, but this effect can be really harmful in a much more developed economy, with credit, net of contracts, many competitors on a single markets
wywialm: and then it is not only filtered for value, trade just goes down incredibly - we could go on claiming everything is fine, but then unemployed resources appear en masse
benkay: it will be interesting to see it play out, but nobody knows how it is actually going to play out.
benkay: wywialm: if there's no market for the stuff at the price, the price must move for the stuff to move.
benkay: bitcoin will bring a rigor to business unseen for centuries.
wywialm: TestingUnoDosTre, like what? indexing to something else?
benkay: wywialm: what's the root of your nick?
benkay: how does one pronounce it?
wywialm: Vyhvial, or actually, Vyhviaw :) if you insist i could provide fonetic notation
wywialm: M is first letter of my name
wywialm: TestingUnoDosTre, but that's changing the unit of account :)
benkay: wywialm: what part of the world is that from?
TestingUnoDosTre: For example if they own a large amount of btc and want to protect against a big short term drop in value
wywialm: benkay, re: if there's no market for the stuff at the price, the price must move for the stuff to move
wywialm: there are exceptions to this, grouped under the tag of 'price rigidity', which has many origins and which i'll try to sum up briefly
wywialm: (generally, if there were no price rigidity, sharp deflation would be no problem, I believe)
bitcoinpete: price rigidity is just another form of tversky and khaneman's anchoring and adjusting
wywialm: no, not necessarily, it is beyond psychology
assbot: [HAVELOCK] [CBTC] 908 @ 0.00011918 = 0.1082 BTC [+] {2}
wywialm: first, there are menu costs and other costs of price adjustments, such as making plans and accounting
assbot: [MPEX] [S.MPOE] 1292 @ 0.00096466 = 1.2463 BTC [+]
wywialm: second, there are long term contracts negotiated in terms of monetary unit of account
benkay: so the world changes out from underneath you sometimes. one tries to plan and account for these things. sometimes the irresistable force is just completely irresistable.
wywialm: and third, most important probably, are network coordination failures. On a reasonably populated market, if the nominal demand (or trade volume) falls, the first enterpreneur to lower prices would not suffer losses due to demand inelasticity
wywialm: benkay, true, but this is a source of rigidity which will impact the real economy
bitcoinpete: wywialm: right, which all means that the losses, as well as the profits, are privatized, whereas we currently socialize large losses
benkay: isn't monetary diddling used solely to socialize losses?
wywialm: bitcoinpete, i'm not a defender of current (fiscal and monetary) arrangements
benkay: solely, largely, a lot of the time, whatever
bitcoinpete: benkay: yup. and i meant to say that bitcoin prevents this, if i wasn't clear
wywialm: currently, i'd bet something between 'largely' and 'sometimes'. Have a look at EU, they are heading for deflation, despite their official inflation targets, same in Poland
benkay: just helping to illuminate, bitcoinpete
wywialm: why don't they flood EU with cash, when they have mandate to do it?
benkay: hey wywialm who actually controls how much money sloshes around the eu?
wywialm: in that, Germany and to lesser extent, France.
wywialm: and the same situation is in Poland, official inflation target is 2.5%, we are ~1% and head of National Bank of Poland says he's ok with that
wywialm: Czech Republic is probably deflating already
wywialm: not necessarily, as i tried to point earlier
benkay: well head of NBP doesn't have much say in euro monetary supply does he?
wywialm: in PL we are monetary independent still
wywialm: we have zloty (which, by coincidence, means 'golden', and last had gold component 300 years ago)
benkay: well so anyways euro is deflating right now?
assbot: [MPEX] [S.MPOE] 18491 @ 0.00096548 = 17.8527 BTC [+]
wywialm: inflation 0.5 %, target 2%
benkay: what are their lines of recourse and why aren't they using them?
wywialm: and it is not equally distributed throughout eurozone, south is deflating for a couple of years, -1.5% i believe
wywialm: they only use interest rate policy, which is veeery far from efficient
wywialm: and they are cowardly, i believe, as they could push interest rates lower even in their imperfect framework
wywialm: what they should do is to do as-neutral-as-possible QE. Think about it, if you have a bank, and demand for your notes skyrockets, you issue more, not less, right?
assbot: [HAVELOCK] [PETA] 3 @ 0.06690993 = 0.2007 BTC [+] {2}
wywialm: btw: that reminded me about another consequence of deflation, which should be obvious: the zero lower bound of interest rates
benkay: oh phf you can !up yourself in pm now
gribble: Nick 'phf', with hostmask 'phf!~phf@unaffiliated/phf', is identified as user 'phf', with GPG key id 5356DE4752432A9E, key fingerprint BDDE12104FE81BE7F83B698F5356DE4752432A9E, and bitcoin address 1N3iZVTNu4kco858zTpHUkfpzAWj6Uma7S
assbot: Voicing phf without time-limit.
benkay goes back to mutating cloud boxes
phf: next step is to add assbot integration
phf: now that i can test it ;)
wywialm: i'll be going, thanks benkay for a nice chat
assbot: Last trade for S.MPOE on MPEX was at 0.00096548 BTC [+]
mpexbot: thestringpuller: S.MPOE Bids: ['15167 @ 0.00096548', '75 @ 0.00096', '15174 @ 0.00095914', '11090 @ 0.00095019', '1000 @ 0.00095001']
mpexbot: thestringpuller: Asks: ['49700 @ 0.00097016', '14441 @ 0.00097133', '14600 @ 0.00097259', '43200 @ 0.00097666', '18750 @ 0.00097667']
assbot: [HAVELOCK] [AM100] 202 @ 0.00502054 = 1.0141 BTC [-] {9}
assbot: [HAVELOCK] [AM1] 5 @ 0.50342865 = 2.5171 BTC [-] {5}
gribble: Bitstamp BTCUSD ticker | Best bid: 511.23, Best ask: 512.93, Bid-ask spread: 1.70000, Last trade: 512.92, 24 hour volume: 32932.41992736, 24 hour low: 494.02, 24 hour high: 548.0, 24 hour vwap: 517.82933908
assbot: [HAVELOCK] [AM100] 38 @ 0.00499191 = 0.1897 BTC [-] {2}
Apocalyptic: "cest léducation nationale ou ce quil en reste tant cette institution marque léchec volontaire de notre société dans lensemble qui réfléchit doctement non pas à améliorer le niveau scolaire déplorable de nos enfants mais à changer le système de notation des dictées. Nous ne comptabiliserons plus désormais que les mots qui sont bien écrits
"
pankkake: I don't understand what he really means
pankkake: the whole website seems to advertise buying gold
Apocalyptic: I'm not sure but I read "Nous ne comptabiliserons plus désormais que les mots qui sont bien écrits
" as you just have to write 10 or 20 words correctly to get the full mark
Apocalyptic: he may be biased but I think he's right about "Ce mouvement vers linculture nest pas français mais international" and the will to make people dumb generally
assbot: [HAVELOCK] [AM1] 2 @ 0.501 = 1.002 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 67 @ 0.00490007 = 0.3283 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 2 @ 0.50100001 = 1.002 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.501 = 1.002 BTC [-]
assbot: [HAVELOCK] [B.SELL] 4 @ 0.05252 = 0.2101 BTC [-]
artifexd: ;;later tell bitcoinpete You may want to increase the left margin on your ul,ol under media="all". As it is currently, it prevents your footnote labels from showing more than a single digit.
assbot: [HAVELOCK] [B.SELL] 5 @ 0.052502 = 0.2625 BTC [-] {3}
assbot: Voicing peterl for 30 minutes.
ozbot: LIF retrospective - Google Docs
peterl: mircea_popescu: there you go
pankkake: ;;rate peterl 1 member of the cult of mpex
gribble: Rating entry successful. Your rating of 1 for user peterl has been recorded.
peterl: lol, the scientology of bitcoin, right?
bounce: did git support signing of commits?
benkay: indeed, bounce it *does*
pankkake: yes, it does now. can be very useful
benkay: but maybe consider signing tags instead
pankkake: it breaks if you rewrite history though :(
benkay: then git tag -v beta_0
bounce was idly speculating on stuffing all law in a SCM, with public diffs. and signed commits by the head of state.
assbot: [HAVELOCK] [PETA] 25 @ 0.06437036 = 1.6093 BTC [-] {4}
pankkake: where we're going, we don't need laws
phf: github doesn't even bother to inform you that there's a signature on the tag, but signed tags seem like a good place to put contracts
phf: (it doesn't affect history either)
pankkake: otherwise, I know it's planned to be used by gentoo - you need to sign every packaging commit given the sensible nature of it
pankkake: github is for people who don't know how to use git anyway :p
thestringpuller: lol pankkake why because you can edit files and commit them from the website?
benkay: bounce: what kinds of laws are you writing? and for whom are they?
bounce: who says I am writing laws?
ozbot: Twitter / TorEkelandPC: yo, @rabite court just signed ...
benkay: bounce try it like i'm twelve
bounce: apparently there's a "TRO LLC IRC" somewhere
bounce: could try and dig through that timeline a bit
TestingUnoDosTre: What did he get booked for? Read the article and they mostly talked about trial etc
assbot: [HAVELOCK] [PETA] 80 @ 0.06690777 = 5.3526 BTC [+] {8}
bounce: IIRC he'd sucked up a bunch of apple device IDs from at&t's leaky activation site
assbot: [HAVELOCK] [AM100] 140 @ 0.00499506 = 0.6993 BTC [+] {4}
bounce: no, more like told'em to fix it, and they responded with the fbi instead. something like that.
TestingUnoDosTre: Ahhh I thought he said he was reaping some short term trades after publishing about these weaknesses
TestingUnoDosTre: In the article it said EFF didn't want to get near the case until appeal was possible. I had higher expectations
TestingUnoDosTre: Thought they might be a last bastion in th shitstorm which is the US legal sphere
BingoBoingo: TestingUnoDosTre: Use this opportunity to return with the narrative
TestingUnoDosTre: From article" I am here to shift the market cap of publicly traded companies downward by publicizing problems in their technical infrastructure. Very few people manage to do this. In fact, besides the times I’ve done so, I can only think of a handful of other incidents."
BingoBoingo: TestingUnoDosTre: What about the charges related to ATT
BingoBoingo: TestingUnoDosTre: Also return with information on what happened to the guy who plead out
BingoBoingo: TestingUnoDosTre: Well, what was the exact story on what he was charged for doing
Namworld: Let me make up a quote for weev: "I am Troll, c?"
TestingUnoDosTre: Ahhh I see. EFF did help out, after other lawyers did the footwork
BingoBoingo: TestingUnoDosTre: Well, what was the exact act Weev was charged for
TestingUnoDosTre: He submitted a bunch of false cc-ids in attempt to reverse engineer the ID to number conversion that att used
TestingUnoDosTre: Charge was identify theft and conspiracy to commit yada yada yada computer fraud act
assbot: [MPEX] [S.MPOE] 2550 @ 0.00096841 = 2.4694 BTC [+]
BingoBoingo: ;;later tell mircea_popescu ATC statement sent
assbot: [MPEX] [S.MPOE] 23100 @ 0.0009671 = 22.34 BTC [-] {2}
gribble: Bitstamp BTCUSD last: 532.93, vol: 30405.03419523 | BTC-E BTCUSD last: 530.0, vol: 26368.61606 | Bitfinex BTCUSD last: 535.48, vol: 29414.42731683 | CampBX BTCUSD last: 525.0, vol: 132.76821455 | BTCChina BTCUSD last: 530.150907, vol: 8937.38800000 | Kraken BTCUSD last: 523.52018, vol: 51.15564199 | Bitcoin-Central BTCUSD last: 530.6112, vol: 156.56210479 | Volume-weighted last average: (1 more message)
ozbot: #bitcoin-assets log
peterl: but why is it crashing?
peterl: the price, it is down from its high
assbot: [MPEX:X.EUR] 1D: 0 / 0 / 0 (0 shares, 0 BTC), 7D: 0.00313681 / 0.00313681 / 0.00313681 (786 shares, 2.47 BTC), 30D: 0.00213452 / 0.00257686 / 0.00313681 (2268 shares, 5.84 BTC)
assbot: Voicing SatoshiJack for 30 minutes.
SatoshiJack: thanks mp -- we are very close -- should open doors for atc in the next couple of days...
peterl: SatoshiJack: who is we?
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
assbot: [MPEX] [S.MPOE] 4917 @ 0.00096548 = 4.7473 BTC [-]