assbot: [HAVELOCK] [PETA] 5 @ 0.06835246 = 0.3418 BTC [+]
kakobrekla: bb dude have you read that thread, jesus fuck.
BingoBoingo: kakobrekla: The part where they finally liquidate after a bunch of "no u" back and forth between Gar and Goat
mircea_popescu: the stones from the earth have spoken through the kako
mircea_popescu: bashed 102 quotes with 4440 votes < this is like.. not bad is it.
kakobrekla: Quote from: Garr255 on April 21, 2014, 10:30:18 PM
kakobrekla: Cognitive Mining LLC is no longer liable for any past or present action or involved in the management of this project in any way. It is fully within the rights of Cognitive Mining LLC to find a new operator and resign.
BingoBoingo: No one knows except the people who shouldn't
mircea_popescu: it looks like they're announcing a new bitcoin credit card
artifexd: ;;rate hanbot 1 vital part of my education
gribble: Rating entry successful. Your rating of 1 for user hanbot has been recorded.
ThickAsThieves: yknow this auth shit frustrates when paired with a crash
Duffer1: a ~20min grace would be nice
assbot: [MPEX] [S.MPOE] 5408 @ 0.0009501 = 5.1381 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 10298 @ 0.00094989 = 9.782 BTC [-]
assbot: [HAVELOCK] [PETA] 10 @ 0.06963114 = 0.6963 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 12050 @ 0.00094851 = 11.4295 BTC [-]
assbot: Voicing vcorem for 30 minutes.
mircea_popescu: "The U.S. Air Force, for example, no longer trains navigators in celestial sightings,"
BingoBoingo: Yeah, but... sounds right based of whisperings.
BingoBoingo: The ground pounders seem to still be getting well versed in the arts of map and compass, but for the rest...
mircea_popescu: this reads to me like "the us cook force no longer trains sauce chefs in flour-and-oil saucing"
BingoBoingo: Then there's the accident by which a fuel tanker and crew were lost because control systems failed. The crew was done in though by a lack of parachutes which had been recently removed.
mike_c: this preston jackass strikes me as a rebirth of dr foreskin. not worth even getting riled up over, and yet he manages to get under my skin with his herp derp.
gribble: Bitstamp BTCUSD ticker | Best bid: 496.2, Best ask: 496.41, Bid-ask spread: 0.21000, Last trade: 496.41, 24 hour volume: 8131.92029418, 24 hour low: 480.0, 24 hour high: 505.0, 24 hour vwap: 490.566399614
mike_c: i don't really know him
mike_c: i was getting into disco boy :) i like it.
mircea_popescu: Don't know much about dancin' that's why I got this song
mircea_popescu: One of my legs is shorter than the other 'n both my feet's too long
mircea_popescu: 'Course now right along with 'em I got no natural rhythm
mircea_popescu: But I go dancin' every night hopin' one day I might get it right
mircea_popescu: I hear that beat; I jump outa my seat but I can't compete, cause I'm a dancin' fool, I'm a dancin' fool
BingoBoingo: The greatest problem with the movie Red Dawn is that no sane invader of the US would spend more effort than necessary to hold the Rockie Mountains than that necessary to cripple command structures there.
mircea_popescu: BingoBoingo i don't imagine anyone would be invading the us.
mircea_popescu: just you know, sink all its cruisers and impose a massive war reparations programme.
BingoBoingo: mircea_popescu: In the next 100 to 500 year someone might want to use Kansas as their own breadbasket.
BingoBoingo: See this is the genius of Putin in Crimea and the enablement of US golden toilets all rolled into one.
BingoBoingo: Putin could have crimea and Eastern Ukraine because the people already favor Russia.
BingoBoingo: However if 1000 hillbillies with rifles oppose their own government over cows...
assbot: [MPEX] [S.MPOE] 7652 @ 0.00094896 = 7.2614 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 1848 @ 0.00095066 = 1.7568 BTC [+]
BingoBoingo: The same thing that gives Putin his good fortune enables America's golden toilets thus.
jurov: BingoBoingo they don't necessarily favor Russia, they know well who Putin is
jurov: but they will be made to favor it any way necessary
BingoBoingo: jurov: Well, no one is offered a perfectly selection of choices.
BingoBoingo: What enables or prohibits aggression for territory, is not tanks fighter jets, or nukes but the williness or lack thereof to accept certain kinds or sources of governance.
mircea_popescu: let me interject something related i was just happening to read. a bit of a paste :
mircea_popescu: This stickiness of the Semitic languages supports a speculation: by the 7th Century there had to be many pockets in the Western Mediterranean of Punic-Canaanite speakers, about a thousand years after the fall of Carthage. Falling under Roman rule did not turn the population into Latin speakers (only for scholarly purposes, say Saint Augustine of Hyppo; we have much evidence of diglossia in the Levant, of the use of a l
mircea_popescu: anguage at home and for oral communication that is different from the language of writing, and doing so for 1000 years). And there had to be plenty of Semitic language speakers; just follow placenames from Carthage to Ramatuelle in France near Saint Tropez (ramat el means hill of God in both Canaanite and Hebrew). Even Marseilles seems to come from Marsa, port in Canaanite (and not from Massilia the Roman name since th
mircea_popescu: e Romans did not make names, but transcribed them). I estimate that the third of the coastal villages spoke Semitic dialects. The modus of the Phoenicians was network, hence a system of trade links built on trust (you send merchandise to a relative who pays you back; you needed a certain amount of trust before the letter of credit). The region is large: it extends all the way to Mogador on the Atlantic coast.
mircea_popescu: This explains the mystery of the effortless Arab invasion of the Southern and Western Mediterranean, all the way to Spain (and, less advertised, the Portuguese Algarve). They had to be welcomed by the local population along the coast. Canaanite and Arabic are easily mutually comprehensible (the distance between Semitic languages is very short, a corrollary of the stability thanks to the triplet of consonnants). And it
mircea_popescu: is wasy for a Punic speaker to progressively become an Arabic speaker, since he already knows 80-90% of the vocabulary.
mircea_popescu: This also gives some credibility to the thesis that was popping up in the 19th century that the North African Jews had a Phoenician origin (or that the difference between Canaanite and Jew before the rabbinical period was not very pronounced for p
assbot: Voicing aadeseye for 30 minutes.
assbot: Voicing vcorem for 30 minutes.
mircea_popescu: who are the hillbillies going to support ? bigus dickus, the roman bureaucrat ?
BingoBoingo: mircea_popescu: Of course it is. Diplomacy is also dating. Governance is a different thing though. Marriage.
mircea_popescu: putin the redbeard, the norwegian rapist cum invader ?
assbot: [MPEX] [S.MPOE] 1164 @ 0.00094851 = 1.1041 BTC [-]
BingoBoingo: The hill billies always support the local nut, or the regional nut they can identify with
assbot: [MPEX] [S.MPOE] 11100 @ 0.00094837 = 10.5269 BTC [-]
kakobrekla: 90 if you include the time from closing to resolution
ozbot: Justin Bieber Detained by Customs at Los Angeles Airport - Crime & Courts, Justin Bieber : People.co
mircea_popescu: im sure the practicak difference between acquittal and conviction is less than the difference between his life pre and post that nonsense.
assbot: Voicing jborkl_ without time-limit.
assbot: [MPEX] [S.MPOE] 11100 @ 0.00094776 = 10.5201 BTC [-] {2}
BingoBoingo: That's like liver and stomach boobs. Missed the chest by quite a bit
BingoBoingo: ThickAsThieves: Whatever, you aren't getting any of my insider info.
ThickAsThieves: "he researchers indeed discovered that left-handedness, like schizophrenia, was highly associated with being conceived in May or June " yknow this has always been my theory of how zodiac traits were started
BingoBoingo: I also swear deadspin might be the only Gawker enterprise worth saving.
ThickAsThieves: seasonal effects on mother, child, and the people influencing the child
BingoBoingo: Eh, I'm right handed but left eye dominant. Sometimes I'm clumsy, but that is usually just distilled rather than beyond the grave spirits at work.
ThickAsThieves: also in my own experience many of the crazies i met that are also smart are left-handed
cazalla: BingoBoingo: interesting article - my son is 14 weeks ATM, is favouring his left hand when grabbing for things yet no left handers in my family although my father is schizophrenic as was my grandfather and my uncle
BingoBoingo: cazalla: Well, teach him to throw a baseball and save his economic future.
ThickAsThieves: my brother favored his left hand but my dad basically "corrected" him out of it
ozbot: BitBet - Obama will mention Bitcoin before 2015
cazalla: mircea_popescu: didn't Obama already mention it last year albeit off the cuff remark questioning he needed to worry about it or not
BingoBoingo: mircea_popescu: What I gather is that SEO spammers can't spec interesting bets
mircea_popescu: ThickAsThieves maybe. was there a bubble last summer ?
BingoBoingo: $100-80 until the rally to the millenial value
ThickAsThieves: i think low bet submissions being topical is enough to change the tide
ozbot: Re: Bohr's way - Naggum cll archive
ozbot: Re: Difference between LISP and C++ - Naggum cll archive
ThickAsThieves: "It has been my experience that it is strongly related to competence, but
ThickAsThieves: competence is related to some method of measurement of your success at
ThickAsThieves: what you try to do. If you work in a field where you cannot distinguish
ThickAsThieves: between good or bad, where everything is someone's "personal opinion" and
ThickAsThieves: nobody has any right answers, that just /has/ to be destructive for your
ThickAsThieves: "The reason we didn't like it was because it was so 'in your face.' If he had been a little more discreet with it nothing would have ever been said."
BingoBoingo: Everything is legal so long as you wait until the contest is over to flaunt it
ThickAsThieves: "Totally agree that it should be legal. In the mean time, Pineda really just needs to get better at this. I mean, he should realize that he is being watched after the last incident, there has to be a better place to put pine tar than on your neck. Just learn to cheat better."
BingoBoingo: I mean the writer cam to the wrong conclusion. It should still stay "banned" but discretion is the first step towards sophistication.
ThickAsThieves: as in, they obv cant totally stop people from using it
BingoBoingo: asciilifeform: Tar for pitchers is considered a forbiden necessity. For batters it is completely acceptable.
assbot: [MPEX] [S.MPOE] 3482 @ 0.00094846 = 3.3025 BTC [+] {2}
ThickAsThieves: basically people are superstitious that picthers can do magical things when using tar
BingoBoingo: asciilifeform: It's use is necessary to master the craft, but exposing it is a faux pas.
BingoBoingo: asciilifeform: Different from steroids in that the results are more quantifiable.
ThickAsThieves: pitchers argue its only to prevent totally losing the ball into ttghe crowd
assbot: [MPEX] [S.MPOE] 3818 @ 0.00095492 = 3.6459 BTC [+]
BingoBoingo: Steroids do little in baseball beyond decreasing the time to recover from injury and maybe adding a bit of power. Doctoring a ball though is nearly essential for a pitcher to excel.
BingoBoingo: Basically there are reasons it is mostly aging hitters taking steroids, but every pitcher is doctoring the ball.
ThickAsThieves: has anyone done useful research about pitching with tar?
BingoBoingo: (This sidesteps the part where all of the good batters have ADHD diagnoses because amphetamines are the best performance enhancer for a batter)
BingoBoingo: asciilifeform: Yes. Marathoners get anemia. Hockey players get various autoimmune diagnoses.
BingoBoingo: To justify constant anti-inflammatory drugs
BingoBoingo: And is the reason many high level players don't want to see olympic chess.
mircea_popescu: the se;f confidence thing sounds just like greenspun's problem
BingoBoingo: But the distinction between leaded and unleaded coffee isn't caffinated vs. decaf.
mircea_popescu: cazalla well, if he had or hadn't, still has to be in bet interval. wasn't like a "first time" or anything
ThickAsThieves: lol forumite says to me "What would it possibly take for you to remove the negative trust you left me?"
BingoBoingo: It was rumored that in baseball clubhouses leaded vs. unleaded was how they refered to amphetamine spiked coffee
BingoBoingo: mircea_popescu: It affects grip and the aerodynamics of the ball.
BingoBoingo: mircea_popescu: And this is baseball so there are nearly as many balls spent in the game as outs.
ozbot: Nootropics ("smart drugs") (Steven B. Harris, M.D.)
assbot: [MPEX] [S.MPOE] 10500 @ 0.00094732 = 9.9469 BTC [-]
BingoBoingo: mircea_popescu: Pine tar. So the sticky stuff pine leaks basically. Batters use it to not throw the bat into the crowd. Pitchers use it to add precision to the point they release the ball.
BingoBoingo: asciilifeform: Or rocket with boosters. The sauce only provides benefits for so long.
mircea_popescu: afterburners are a pain in most situations tho. much less precision
BingoBoingo: Well afterburners is amphetamine. Pine tar is whatever makes a plane more responsive, engineered instability or whatever
assbot: [HAVELOCK] [PETA] 5 @ 0.0698999 = 0.3495 BTC [+]
BingoBoingo: Well, it is not an incredibly simple mapping.
mircea_popescu: BingoBoingo but the one thing that makes the plane "more responsive" is spiking the pilot.
BingoBoingo: Of course. It is better though if both the pilot and plane are spiked.
BingoBoingo: Pine tar is spiking the plane (The F-16, a wily old pitcher) amphetamine is spiking the pilot (B-2 crews, Barry Bonds)
BingoBoingo: asciilifeform: Your link on nootropics reminds me of why the alcohol/caffine combination is my prefered and only regular combination from that toolset.
mircea_popescu: "If you /are/ the majority and I am in the minority, how could you possibly believe that I have not already and many years ago figured out exactly how you guys work? If you had the brain to do it, this would be a grave insult, but you do not think ahead. You do in fact not think at all, because the things you say can only be uttered by a mind closed shut long ago."
BingoBoingo: The only big error with the link is that nicotine is not *cholinergic* at all
BingoBoingo: Works on its own subset of the acetycholine responsive system while ignoring others.
BingoBoingo: And the literature reveals nicotine excites some, but not all cholinergic receptors.
mircea_popescu: no he has a point, calling it cholinergic is a ridiculous approximation.
BingoBoingo: Well, think of dopamine (which the pharmacologically illerterate posit fuels all addiction)
assbot: [HAVELOCK] [PETA] 6 @ 0.069975 = 0.4199 BTC [+] {2}
BingoBoingo: There are different dopamine agonists and antagonists that don't all hit the same types of dopamine receptors
mircea_popescu: dude i love this chan. i shall now write yet another great trilema article on the basis of shit i ran into here.
BingoBoingo: And of the major addictive drugs of abuse only cocaine and amphetamines hit any type of dopamine receptor primarily
mircea_popescu: and i'm not gonna give stan any more credit than i gave benkay either
BingoBoingo: If dopamine for its own sake was the desired effect, junkies would skip heroin and just eat L-DOPA and broadbreans
BingoBoingo: asciilifeform: And I sat through literally 2/3rds of the PharmD curiculumn, half of it twice. But as a TA so I get no credit for having done such a thing.
BingoBoingo: With L-Dopa the Blood Brain Barrier plays a role, but convulsions play a bigger one
BingoBoingo: Nicotine is the perfect model of an addictive drug because tremendous excess is tolerated by the peripheral neurons, but its absence after tolerance raises holy fucking hell.
mircea_popescu: it raises the most minor of inconveniences conceivable.
BingoBoingo: mircea_popescu: In the accultured. As opposed to the occasional
mircea_popescu: people just conveniently pretend like their experiences matter out of all proportion.
mircea_popescu: do an experiment where you get shocked at a modest 48 volts at random intervals on average 8 times a second.
mircea_popescu: now that's an inconvenience. not fucking nicotine deprivation.
mircea_popescu: get a special bed rigged where you get pricked with a pin. all the time. somewhere.
BingoBoingo: Well, you have to consider what receptor is involved at the intersection of skeletal muscle and the neuro
mircea_popescu: simple programme of... load crates 16 hours a day. every day.
mircea_popescu: after six weeks of that, the choice is never smoke again and never have to crate it up again
BingoBoingo: 16 hours of lifting arbitrary things about nicotine cessation for the habituated
BingoBoingo: Over 15lbs even, if we are going arbitrary and 16 hours, 5-15 lbs, The unpredictability of load has value.
BingoBoingo: Keep in mind my experiences prolly don't map onto to many others. I'm missing 1/2 to 3/4 the D2 receptors most people have in the general population)
mircea_popescu: anyway. i'm kinda up to here with the smoking addiction thing. i've been smoking since ~16. that's two decades ago. i still smoke, i average a pack a month. prolly less these days. it takes all the willpower of a tomato as far as i can tell, it's never bothered me.
BingoBoingo: asciilifeform: Back when 23andme made medical declarations I spit in a tube. Apparently I am part A-Rab
BingoBoingo: I guess because the gene was TAQ something or other
BingoBoingo: I'm familiar with MPTP induced parkinsons from reading.
BingoBoingo: Parkinsons is more a D-1 and D-3 thing though.
assbot: [HAVELOCK] [PETA] 9 @ 0.07 = 0.63 BTC [+] {2}
BingoBoingo: I have an admitedly odd neurology. I throw a baseball right handed but have to shoot the rifle left handed.
BingoBoingo: My left eye tremendously overpowers the right, but my right hand tremendously has dexterity over the left.
BingoBoingo: In practice this works great for watching porn because different halves of my brain can be watching porn vs. jacking me off, a perfect stranger
BingoBoingo: I also throw a bowling ball with alternating hands given situations favorable to one side or the other's strengths
BingoBoingo: The only people IRL on OL with similar issues were notorious epileptics so I guess being more functional than that is a plus.
BingoBoingo: For all I actually know maybe I am more addicted to menthol than nicotine
assbot: [HAVELOCK] [AM1] 2 @ 0.512005 = 1.024 BTC [-] {2}
BingoBoingo: asciilifeform: Especially hard since 23andme conceded medicine to MObama
BingoBoingo: The beautiful thing is this doesn't much matter.
assbot: [HAVELOCK] [AM100] 481 @ 0.00444549 = 2.1383 BTC [-] {14}
BingoBoingo: There are some practical restrictions. Like my preference for menthol cigarettes.
BingoBoingo: Next thing you know I will forsake N.W.A. for Sheryl Crow
BingoBoingo: Also I can't threaten incapacitating my self that much lest BTC/AtC goes to hell
BingoBoingo: asciilifeform: It is well within the specs I set when I raped herbi and his wife's future.
BingoBoingo: He invested little. It seemed to be a small portion of his anything.
BingoBoingo: He sought to seed microstructures, but every order he entered was like my betting green in roulette and hitting.
mircea_popescu: <BingoBoingo> asciilifeform: It is well within the specs I set when I raped herbi and his wife's future. << dude srsly.
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.0742218 = 0.1484 BTC [-]
mircea_popescu: what are you going to say, "herp", because you already used the proper expression in april 2014 ?
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0325 = 0.1625 BTC [-] {2}
BingoBoingo: mircea_popescu: Prolly. Cake comes and goes. I might hammer out consistent gains, but probably never again over a bid-ask pread of 4 times
benkay: ;;later tell decimation i did indeed and would be pleased to help you do the same although i'm sure you can figure it out
BingoBoingo: asciilifeform: Well I mentioned this in another post, but it goes back to baseball. Who carries half of a ptcher's success and why?
BingoBoingo: Normally the answer is the catcher calling pitches, as a great catcher is a slightly better source of entropy than the batter
BingoBoingo: This exists as an exact why for bitches loving Yadier Molina.
BingoBoingo: Though on the same team and Albert Pujols becoming a legend first, this is the exact machanism that made Pujols fungible with Carlos Beltran et al. while Molina was and is irreplaceable.
BingoBoingo: asciilifeform: Consider the game of chess vs. the game of artillery.
assbot: [HAVELOCK] [PETA] 3 @ 0.07 = 0.21 BTC [+]
BingoBoingo: In chess there is a tremendous advantage to anticipating lines your opponent might try to put forth.
BingoBoingo: Where as in artillery the goal is to hit the target first.
BingoBoingo: Well, a pitcher to get an out either has to throw three strikes or get the hitter to put the ball in a location favorable to one of their fielders.
BingoBoingo: Vs. artillery where the opponent merely needs to hit you once
BingoBoingo: asciilifeform: Actually I am thinking the Apple II version, but yes, that artillery game
benkay: <mircea_popescu> and i'm not gonna give stan any more credit than i gave benkay either << wot ch2 omission smarted
BingoBoingo: Otherwise we could suppose infinite shitty alternate artillery games where one side produces a grunt who climbs a hill and stabs the cannon to death.
benkay: mircea_popescu: dun think i got any credit for popping the recent sybils.
benkay: 's why i'm in mgmt these days
BingoBoingo: asciilifeform: Reminds me of a conundrum. Every US Infantry officer gets the chance at ranger school after graduation, but many officers deployed to ostentiably infantry assignments will not be infantry officers.
BingoBoingo: By Italy I mean classic Italy, anyone born more than two barns from you and your goats is a foreigner
BingoBoingo: asciilifeform: If you want a shortcut to understanding baseball the 2011 world series game six and 2012 StL vs. Washington NLDS game five paired with the 2013 NLCS makes a nice summary of the entire contemporary game
BingoBoingo: Narrative: Innexplicable offense, still moar inexplicable offense, dissapointement by regression to the mean.
assbot: [MPEX] [S.MPOE] 13800 @ 0.00094742 = 13.0744 BTC [+] {3}
BingoBoingo: benkay: Am I representing 'Murican infatuation with baseball fairly?
assbot: [HAVELOCK] [B.MINE] 10 @ 0.03201 = 0.3201 BTC [-]
BingoBoingo: Poor assbot, the BTC-TC collapse has kept it so quiet
gribble: Bitstamp BTCUSD ticker | Best bid: 469.95, Best ask: 469.96, Bid-ask spread: 0.01000, Last trade: 469.96, 24 hour volume: 13964.55874092, 24 hour low: 469.96, 24 hour high: 505.0, 24 hour vwap: 487.558581229
assbot: [HAVELOCK] [PETA] 5 @ 0.0703 = 0.3515 BTC [+]
benkay: BingoBoingo: couldn't say i'm a rebel cascadian hiding in the hills
benkay: BingoBoingo: were we to lay out diamonds we'd get insta-zapped by drones
assbot: [HAVELOCK] [PETA] 2 @ 0.0704 = 0.1408 BTC [+]
BingoBoingo: benkay: Well befor I realized my mammal vexation was an actual mouse what remedies did I Spz?
benkay: oh wizards of high finance and running companies - what the fuck is up with amazon?
BingoBoingo: benkay: Amazon burns all the capital, because growth.
benkay: it can't be that simple
benkay: BingoBoingo: moisin, do i recall?
BingoBoingo: benkay: Mosin was one option, some sks variant was another with the particular variant left in the air, so long as it wasn't chinese
BingoBoingo: Shoe took care of "mice" which was an actual mouse
assbot: [HAVELOCK] [RENT] 19 @ 0.0075 = 0.1425 BTC [+]
BingoBoingo: Bitch to scrape off of the floor, but... learning
benkay: BingoBoingo: is amazon burning the capital? the party line is that they're reinvesting it.
benkay: i haven't looked at the actual books but i'm imagining that each spend on one side is balanced by an acquisition on the other. maybe just of engineering time, but w/e.
assbot: [HAVELOCK] [PETA] 4 @ 0.0715 = 0.286 BTC [+]
BingoBoingo: benkay: As best as I can tell with Amazon is that they have done nothing other than reinvest in their history. Like the Poker Player who doubled down 21 times in row and won.
assbot: [HAVELOCK] [B.MINE] 10 @ 0.0321 = 0.321 BTC [+]
assbot: [HAVELOCK] [AM1] 24 @ 0.50897936 = 12.2155 BTC [-] {8}
assbot: [MPEX] [S.MPOE] 24100 @ 0.0009493 = 22.8781 BTC [+] {3}
assbot: [HAVELOCK] [PETA] 5 @ 0.0715 = 0.3575 BTC [+]
assbot: [HAVELOCK] [PETA] 28 @ 0.071999 = 2.016 BTC [+]
ozbot: WWII Propaganda Billboards From The United States' Secret Atomic City
assbot: [HAVELOCK] [PETA] 3 @ 0.071999 = 0.216 BTC [+]
BingoBoingo: Mysteries I want in a blog post, Benkay, why did you ever stop trolling me after my return to -assets
assbot: [HAVELOCK] [PETA] 2 @ 0.071999 = 0.144 BTC [+]
assbot: [HAVELOCK] [RENT] 22 @ 0.0075 = 0.165 BTC [+]
assbot: [MPEX] [S.MPOE] 1000 @ 0.00095061 = 0.9506 BTC [+]
assbot: [MPEX] [S.MPOE] 13700 @ 0.00094761 = 12.9823 BTC [-] {2}
benkay: ;;rate decimation 1 a fellow, i reckon.
gribble: Rating entry successful. Your rating of 1 for user decimation has been recorded.
benkay: BingoBoingo: what, you want me to perpetuate the mystery in a blog post or three? ;)
gribble: blackwhite was last seen in #bitcoin-assets 1 week, 1 day, 3 hours, and 55 seconds ago: <blackwhite> hola peeps
benkay: BingoBoingo: a few reasons.
gribble: Error: You cannot rate yourself.
gribble: Rating entry successful. Your rating of 1 for user benkay has been recorded.
assbot: [HAVELOCK] [AM1] 1 @ 0.500001 BTC [-]
assbot: [HAVELOCK] [AM100] 107 @ 0.00464986 = 0.4975 BTC [-] {3}
benkay: a) i don't actually troll.
benkay: b) you've got stuff 'twixt your ears that'll spill more easily if we're on good terms than ill.
benkay: c) make friends not enemies?
benkay: that's the short of it, BingoBoingo
assbot: [HAVELOCK] [AM1] 3 @ 0.500001 = 1.5 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.5000001 BTC [-]
assbot: [HAVELOCK] [AM100] 28 @ 0.00468173 = 0.1311 BTC [+] {3}
ozbot: Dead-Cat Bounce Over for the Housing Market?
decimation: In the first quarter of 2014, mortgage originations at Citigroup Inc. (NYSE/C) declined 71% from the same period a year ago. The bank issued $5.2 billion in mortgages in the first quarter of 2014, compared to $8.3 billion in the previous quarter and $18.0 billion in the first quarter of 2013. (Source: Citigroup Inc. web site, last accessed April 14, 2014.)
decimation: but the "recovery" is great guys, just some snow, no problems here
assbot: [MPEX] [S.MPOE] 3900 @ 0.0009488 = 3.7003 BTC [+]
benkay: nice to have you back, decimation :)
benkay: i think it's time to go all cash, neh?
benkay: or at least balance hard in that direction.
decimation: re: amazon, I've heard it's a tough life working there. Look at the glassdoor reviews: they cheapskate on everything. Yeah, the salary is okay, but you better enjoy being on call
decimation: Well, of course cash sucks because no return, and inflation is biting at your heels
assbot: [MPEX] [S.MPOE] 16060 @ 0.00095071 = 15.2684 BTC [+] {3}
decimation: I suspect a large crash would signal another leg up for bitcoin though
assbot: [HAVELOCK] [AM100] 64 @ 0.0047091 = 0.3014 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 14550 @ 0.00094757 = 13.7871 BTC [-] {3}
benkay: kinda hoping to get the tax situation dialed before btc legs up
benkay: asciilifeform: thanks for those naggum links.
benkay: decimation: ugh don't talk like that
benkay: decimation: if i burn all my bridges here, i'm moving up to seattle and working in the server mines for a year to reestablish my capital base.
decimation: heh well that's a plan I guess. It's honest work at least, keeping the internet goblins at bay
benkay: shipping finely spun plastic widgets that should never have been made to the herds who should never have been granted credit in the first place
benkay: in one way or another i've been standing by and squirting grease on the thing since i was a bairn.
benkay: i gotta decouple, man.
benkay: get out of this shithole somehow or make it tolerable until the us comes crashing down about my ears.
ozbot: Nearly Half of America Lives Paycheck-to-Paycheck - TIME
decimation: The CFED calls these folks ?liquid asset poor,? and its report finds that 44% of Americans are living with less than $5,887 in savings for a family of four. The plight of these folks is compounded by the fact that the recession ravaged many Americans? credit scores to the point that now 56% percent of us have subprime credit.
decimation: It's hard to see how amazon is going to keep exponential growth selling crap to indebted peasants
assbot: [HAVELOCK] [AM1] 1 @ 0.49001 BTC [-]
assbot: [HAVELOCK] [AM100] 50 @ 0.00434629 = 0.2173 BTC [-] {3}
Apocalyptic: amazon is not the only one with this business model
assbot: [MPEX] [S.MPOE] 19800 @ 0.0009513 = 18.8357 BTC [+] {2}
decimation: presuming that only %46 of Americans can qualify for a mortgage, it seems likely that a subset of that %46 will end up owning %100 of the homes
decimation: ;;later tell mircea_popescu how does the idea of the Punishment Gazette interact with the common law idea of corporate personhood? When you are wronged by an idiot employee, is it he who takes the hit on the WoT or his employer?
mircea_popescu: decimation depends on the reaction of the corporation. if they fire him, him. if they don't, both.
decimation: This reaction being fully played for everyone in the WoT to judge, of course
mircea_popescu: for instance recently : gigaom's atrociously mendacious coverage of bitcoin has put him on my blacklist.
decimation: one can see a business opportunity: summarize the gazette in a trustworthy manner, like a monk-scribe and not like a "journalist"
decimation: ;;rate hanbot 1 freely published timely advice which triggered my exit from btct.co
gribble: Rating entry successful. Your rating of 1 for user hanbot has been recorded.
decimation: ;;rate mircea_popescu 1 publishes mentally stimulating content
gribble: Rating entry successful. Your rating of 1 for user mircea_popescu has been recorded.
assbot: [MPEX] [S.MPOE] 11520 @ 0.00095192 = 10.9661 BTC [+] {2}
assbot: [HAVELOCK] [SF1] 400 @ 0.00084218 = 0.3369 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 2 @ 0.49001 = 0.98 BTC [-]
assbot: [MPEX] [S.MPOE] 4300 @ 0.0009527 = 4.0966 BTC [+]
assbot: [HAVELOCK] [AM1] 3 @ 0.4900067 = 1.47 BTC [-] {2}
fluffypony: I loved the comment by theMiracle - "Protip 4 U 2: Take it slow. Start off by snagging a few extra newspapers from a vending machine when u pay for one. Practice stealing rolls of toilet paper from public restrooms. Get the hang of the basics -- then you can come back to looting bitcoiners."
assbot: [HAVELOCK] [AM100] 100 @ 0.00445 = 0.445 BTC [+]
assbot: [HAVELOCK] [B.MINE] 4 @ 0.032 = 0.128 BTC [-]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.0425 = 0.1275 BTC [+]
assbot: [MPEX] [S.MPOE] 10032 @ 0.0009461 = 9.4913 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 100 @ 0.07000302 = 7.0003 BTC [-] {4}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0322 = 0.161 BTC [+]
assbot: [HAVELOCK] [SF1] 1194 @ 0.00084601 = 1.0101 BTC [+] {6}
assbot: [HAVELOCK] [SF1] 300 @ 0.00085 = 0.255 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.07197666 = 0.2159 BTC [+] {2}
assbot: [HAVELOCK] [PETA] 11 @ 0.0719989 = 0.792 BTC [+] {2}
gribble: Nick 'Naphex', with hostmask 'Naphex!~naphex@btcxchange.ro', is identified as user 'Naphex', with GPG key id 64CDBADCE1E0BBAF, key fingerprint F3D76A985F5844814A93F46364CDBADCE1E0BBAF, and bitcoin address 12mVDqdWqFY6zrCqNqgHbxhDPB4ZVUuaTu
assbot: [MPEX] [S.MPOE] 8350 @ 0.00094795 = 7.9154 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 1450 @ 0.00094556 = 1.3711 BTC [-]
assbot: [MPEX] [S.MPOE] 6700 @ 0.00094555 = 6.3352 BTC [-] {2}
Naphex: morning to all, need more coffee:D
assbot: [MPEX] [S.MPOE] 12800 @ 0.0009486 = 12.1421 BTC [+] {2}
fluffypony: between the MrWDunne guy and DrGregMulhauser I'm seriously considering becoming SirFluffyPonyPhd on bitcointalk
fluffypony: feeling so left out without a title amongst all the Mr's and Dr's
HeySteve: fluffypony, I recommend a portable Honda generator like the EU20i
HeySteve: it's more than enough to run 2 PCs or fridge/freezer/kettle
fluffypony: I looked at that little honda a while ago, I should actually just get it
HeySteve: it's a bit pricy but the low weight is a plus
HeySteve: CCN editor scooped me on the China Ban #4 story
assbot: [MPEX] [S.MPOE] 3250 @ 0.00094908 = 3.0845 BTC [+]
assbot: [MPEX] [S.MPOE] 18800 @ 0.0009474 = 17.8111 BTC [-] {2}
davout: fluffypony: nah, that's "it works"
davout: you can just say "ça va", or "ça roule"
fluffypony: oh that's not what I was trying to say
davout: fluffypony: ja, dat werkt ook
davout: "you can some and say Hi."
fluffypony: my favourite is the logo in the last post
assbot: [MPEX] [S.MPOE] 10750 @ 0.00094967 = 10.209 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 9287 @ 0.00095254 = 8.8462 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 11150 @ 0.0009527 = 10.6226 BTC [+]
assbot: [MPEX] [S.MPOE] 6382 @ 0.00094554 = 6.0344 BTC [-]
assbot: [HAVELOCK] [PETA] 2 @ 0.0711 = 0.1422 BTC [-]
assbot: [HAVELOCK] [PETA] 4 @ 0.071999 = 0.288 BTC [+]
assbot: Voicing MrWDunne for 30 minutes.
DrFluffyPonyPhd: how goes the shower-cap-wearing Satan worshipper colleague of yours?
MrWDunne: I would imagine he is sleeping, he was being drilled with questions until about 5AM his time. Ah okay, should have guessed that one
DrFluffyPonyPhd: I know some other people who were being drilled until about 5am, just not with questions
MrWDunne: I presume I should never go full base
gribble: Nick 'fluffypony', with hostmask 'fluffypony!~fluffypon@geartri.be', is identified as user 'fluffypony', with GPG key id 7455C5E3C0CDCEB9, key fingerprint BDA6BD7042B721C467A9759D7455C5E3C0CDCEB9, and bitcoin address 1FAvFCgXBmJ4uV3p1NFzWkkyndH7FJ6Vzx
MrWDunne: Anyhow, I thought this would be an appropriate place to announce the IPO
ozbot: [XCP] IPO announcement. DunneCapital LTD - UK bitcoin exchange and a casino
MrWDunne: FluffyPony I have sent you a tip for giving me a voice
HeySteve: this place is becoming a real Dragon's Den, I'm thinking of writing something to that effect
ozbot: Bitstamp - Wikipedia, the free encyclopedia
fluffypony: "The company initially operated in Slovenia, but moved its operations to the UK in April 2013"
MrWDunne: Bitstamp isn't really in the UK. Its mainland Europe and as such very expensive for those in the UK
MrWDunne: Its banking is in mainland Europe, we have a UK bank
MrWDunne: That is the primary difference
assbot: [MPEX] [S.MPOE] 12350 @ 0.00094536 = 11.6752 BTC [-] {3}
MrWDunne: We have of course already secured the bank account
MrWDunne: They have a polish bank account
assbot: [HAVELOCK] [AM1] 1 @ 0.492 BTC [+]
MrWDunne: In the UK we have "Faster Payments" which are free and instant bank transfers. CoinFloor take international wires which cost between £15 and £25 and take up to 5 days
fluffypony: well SEPA to Kraken is same day, SEPA to BitStamp is a day at most
ozbot: Faster Payments Service - Wikipedia, the free encyclopedia
fluffypony: except that if Kraken, Bitstamp, and CoinFloor all chose to have bank accounts outside of the UK (presumably not for lack of trying) how do you propose to overcome that hurdle?
MrWDunne: SEPA incurs a 3% hidden cost + £15. Also in the UK it doesn't normally take a day for a SEPA, more like 3.
MrWDunne: It was thanks to our main adviser we have the account. The banks are all turning everyone down however an exception was made essentially.
BingoBoingo: Let us not forget Intersango was a UK exchange
fluffypony: ok so if you're key differentiator is that you have a UK bank account, maybe that needs to be specified in your proposal
fluffypony: rather than "The UK is the world's 6th largest economy, but so far they have no bitcoin exchange"
MrWDunne: Well there is no true UK bitcoin exchange, but yes I will make it more specific. One moment
BingoBoingo: GLBSE was a UK exchange, and that killed it along with the operator not taking it seriosly enough until it was too late
BingoBoingo: I honestly don't know if the English, Scottish, Welsh, or North Irish have it in them any more to run anything
assbot: Voicing Diablo-D3 for 30 minutes.
MrWDunne: And now he is trying to run coinfloor
Diablo-D3: glbse was a STOCK exchange, not a forex.
Diablo-D3: MrWDunne: why the fuck is anyone letting him run something again
MrWDunne: I have no idea. And I know what GLBSE is, the guy who ran it owns coinfloor
Diablo-D3: nefario is the reason that I quit bothering with the bitcoin investment community
fluffypony: "I estimate bitstamp earns approximately 20BTC per day currently."
fluffypony: that can be calculated more accurately
fluffypony: YTD Bitstamp has done, on average, 18682.27233 BTC daily in volume
fluffypony: which means their earnings are between 37.364 BTC and 93.411 BTC daily
MrWDunne: Thank you very much, I shall adjust it
fluffypony: (they have a sliding fee scale dependent on volume)
BingoBoingo: fluffypony: You also have to consider the problem of actual vs. imagined volume
MrWDunne: I know about the sliding scale, I used yesterdays volume for the calculation.
fluffypony: "We should be attractive to customers thanks to lax KYC/AML, as we will not require identification for those who wish to trade £500/€600 or less per week." <- so basically I can get around all KYC/AML issues by opening 100 accounts?
MrWDunne: Technically speaking we have no legal requirements to have any KYC/AML policy. We will require them giving us an address just not "proving" it. Also that is meant to be per month. I need to proof read better
MrWDunne: Not to mention we can see which bank account the money comes in from, so if 100 accounts are getting money from the same bank account it is very obvious
BingoBoingo: MrWDunne: Why not go full measure and take Western Union and other retail wire transfers?
HeySteve: I suggest stating it not as "lax" but rather "minimal"
MrWDunne: The bank have been quite clear with how they expect us to use the account. They don't want large amounts of cash deposits
assbot: [MPEX] [S.MPOE] 2865 @ 0.00094511 = 2.7077 BTC [-] {2}
fluffypony: so there seems to be a lack of technical details about how you'll accomplish this (and Bitcoin is generally a technical audience, investors doubly so)
fluffypony: need to have lots of details about your proposed architecture
MrWDunne: We're having a KYC/AML policy not to be legal, we don't have to do it to be legal. But to keep the bank account.
fluffypony: how your software will handle large volumes
MrWDunne: I can get those details available by the end of this month
HeySteve: I suggest engineering for provable deposits from the getgo, multisig control of cold wallets also good
BingoBoingo: MrWDunne: Who ensures that your fiat handling operation stays legal?
fluffypony: what the software will be written in, who the team is and what qualifies them to write the software, what database platform you're going to be using, how you'll handle consistency, etc.
fluffypony: probably a bunch of other things Naphex can ask
MrWDunne: HeySteve: For cold wallets we will be using multisig and of course we will have provable deposits.
MrWDunne: Yes I can imagine, I'm not the one handling the most technical matters. But by the end of the month I will have the technical details available
assbot: [MPEX] [S.MPOE] 5935 @ 0.00094255 = 5.594 BTC [-]
MrWDunne: BingoBoingo: Our financial adviser worker at a high street bank for 25 years. He knows several people who will work in compliance once we have the volume to support them.
BingoBoingo: Opening first and doing compliance later seemed to have been what doomed the other UK ventures.
MrWDunne: The main thing that doomed UK ventures was the banks not knowing what they were doing, also if we sell 10,000 shares at the second tier rate (once software + servers are ready) we will have enough to take on a compliance officer from the getgo
Naphex: sorry was out for dinner break
BingoBoingo: MrWDunne: Where are you fundraising again?
BingoBoingo: What kind of screening and diligence did that listing require?
assbot: Voicing MrWDunne for 30 minutes.
MrWDunne: BingoBoingo: In future we will be moving to another exchange - post launch. However I will happily provide ID to a trusted member of the community in order to verify who I am - and I am willing to meet people IRL
BingoBoingo: If only these things hadn't been said so many times before.
MrWDunne: BingoBoingo: I totally agree. Then again how did the due diligence stop say N&B happening
BingoBoingo: MrWDunne: Exercise for an educated reader.
Naphex: so what's this new exchange you're openning MrWDunne ?
MrWDunne: Hey Naphex , apparently you will have a lot of technical questions for me. UK bitcoin exchange, with UK banking
BingoBoingo: "I've heard this Country song, a thousand times before. Heard it all my life. Sung by different people."
ozbot: Assets - Counterparty Wiki
Naphex: MrWDunne - are you using inhouse developed software? buying it or extrernalizing?
MrWDunne: We have a third party developing it, we were referred by someone else
MrWDunne: Hence why I cannot answer questions directly about technical measures
Naphex: are you doing regular code checks, security audit on the source code?
Naphex: do you know what you get with the product you're paying for?:P
assbot: [MPEX] [S.MPOE] 5267 @ 0.0009494 = 5.0005 BTC [+]
MrWDunne: The third party is doing that as they go, but prior to launch we are paying for a full security audit of the code. Also the person who referred us knows them personally, and its an interesting project.
Naphex: what's it written in? the project?
MrWDunne: I believe I would be correct to say the frontend logic is simply done in PHP, but the trading engine is C++
MrWDunne: I know as a matter of fact its not just PHP fluffy
Naphex: on what OS is the trading engine going to run? Are the components sufficiently isolated?
MrWDunne: Anyhow, I have to leave in about 10 minutes to visit another bank (looking to get additional accounts for redundancy). If you have a few questions you want me to get a proper answer to just put them here and I'll get an answer as soon as possible
Naphex: can you scale that C++ engine up, or will you just be running on single big server?
MrWDunne: Naphex: Different server for each "chunk", and we're hoping to use OpenBSD
MrWDunne: Scalable, however it should be find for a very long time on one high powered server
fluffypony: tbh, an exchange is a REALLY tough sell given the regulatory hurdles and the track record of many past exchanges (gox etc.) - you're going to need a far more fleshed out business plan and a LOT of details about how you're overcoming the technical and legal challenges (and about how you calculate your fundraising requirements)
MrWDunne: Fund raising requirements are really rather simple. We already have quotes on all of the costs
MrWDunne: The only cost we don't know the price of yet is compliance officer
punkman: so you only have quotes at the moment?
fluffypony: listing on an "exchange" that anyone can list on with zero due diligence or even an email address verification makes it doubly challenging...I suggest leveraging the -otc WoT and GPG contracts (
http://wiki.bitcoin-otc.com/wiki/GPG_Contract) to build trust and tie yourself down to shareholders
Naphex: do you have a contract with the development team? too keep extending/bugfixing after release?
MrWDunne: Also the actual business plan is a 25 page PDF, but it has details about an additional project planned to launch in a year. And Naphex: yes we certainly do.
fluffypony: (well, an epilogue in that I don't think anything further needs to be written on the matter)
Naphex: tbh, i'd be scared of doing that in C++ enterprise wise
Naphex: you're gonna need too attach lots of other components, for reporting, monitoring, and keeping track off
assbot: [HAVELOCK] [AM1] 2 @ 0.50199999 = 1.004 BTC [+] {2}
Naphex: so it depends a lot on what the tradeengine is going to do
Naphex: but you'll need tons of tools attached especially when you go live
assbot: [MPEX] [S.MPOE] 3265 @ 0.00094898 = 3.0984 BTC [-] {2}
MrWDunne: Of course, as I said don't quote me on C++ I just know its not a PHP trade engine
MrWDunne: Anyhow, I do now need to go. So please send any questions to me on BitcoinTalk and I'll answer them as soon as
punkman: so, quotes on costs, outsourced tech, 25 page pdf and listing on Counterparty. What else you got?
Naphex: MrWDunne: who wrote the specs, for the third party to develop?
Naphex: outsourced tech is the most problematic imho
MrWDunne: Punkman: two bank accounts known to be for a bitcoin exchange, with the bank explicitly saying that is okay for us to use.
Naphex: for something so sensitive, i wouldn't do much trusting. or use developers that are not in-house
MrWDunne: Naphex; More details will emerge on that, its a hard one to explain.
jurov: wut "SEPA incurs a 3% hidden cost + £15"? I wouldn't touch such scumbag banks with dry pole
Naphex: i'd care for backdoors, known 'issues', and insider leaks
Naphex: and you'd want someone doing lots of monitoring
MrWDunne: Naphex: Hence code security audit
MrWDunne: Naphex: This will be my fulltime job
MrWDunne: Jurov: unfortunately that is every UK bank. 3% is every bank though. That is the currency conversion discrepancy
Naphex: MrWDunne: are you going to do the tehnical monitoring as well?
MrWDunne: Naphex: No that would be unwise, I will have a professional do that, and learn from him as we go along
Naphex: MrWDunne: what about hardware?
Naphex: the servers, the colocation, the hosting
MrWDunne: The data center will monitor the hardware
Naphex: who will mange them full time?
MrWDunne: 100% uptime since it was created
MrWDunne: I'm responsible for initial setup. That is something I can handle
bounce: fluffypony: just scanned a bit, but we need less AML, not more. so if the rules allow for this, that's positive.
Naphex: you're relianing on a lot of outsourcing
Naphex: which for a bitcoin exchange, i doubt its going to be enough
MrWDunne: Naphex: Better have a professional do it than myself
fluffypony: bounce: 100% - I wasn't arguing for or against it, although I do think that the best non-AML route will always be otc/face to face
MrWDunne: Bounce: Indeed, the laws allow for no AML. But the bank doesn't
Naphex: MrWDunne: better have that proffesional hired and with an office near ;]
MrWDunne: bounce: there isn't one. Not in the UK.
fluffypony: Naphex: and a noose around his neck and a limit on his frappuccinos
assbot: [HAVELOCK] [AM100] 60 @ 0.00435463 = 0.2613 BTC [-] {4}
bounce wonders how hard it is to set up a bank and have it talk to other banks
MrWDunne: Naphex: Once we have the volume we will be doing just that.
fluffypony: bounce: licensing is the issue, I think
bounce was thinking it'd be useful to have a fiat bank connect various exchanges
MrWDunne: fluffypony: In the UK it is almost impossible
MrWDunne: We have had one bank open in the past 100 years
fluffypony: if the Bank of England stands....England stands!
assbot: [MPEX] [S.MPOE] 4650 @ 0.00094289 = 4.3844 BTC [-]
punkman: you can make another one for fiddy cents
fluffypony: Banka de Fluffy has a certain ring to it
fluffypony: mircea_popescu: the guy that's starting a UK exchange because there "isn't one"
HeySteve: anyone familiar with SingleHop hosting?
HeySteve: "This week, SingleHop engineers noticed an increase in the number of customers reporting compromised servers. As we investigated these reports, we were able to identify a common malicious software program installed on many of the compromised servers. The malware is specifically designed to siphon the server’s computing power into mining bitcoins. This has been a growing trend throughout
HeySteve: the web lately, with malware attacks of this nature being reported by customers of AWS and the Iowa State University."
fluffypony: that just points to shitty sysadmins; if they're not monitoring load what are they doing?
HeySteve: call of duty and bong hits? who knows. but would monitoring load prevent this sort of thing occurring in the first place?
fluffypony: not entirely, but any sysadmin worth his salt needs to know *when* to scale
fluffypony: and you do that by consistently monitoring resource utilisation over time
HeySteve: well I have no idea if they caught this early or late
HeySteve: but they've taken action, cleaned it apparently
HeySteve: I'm more interested in the malware and where the coins are going, I wonder if they preserved a specimen (sort of thing)
fluffypony: BingoBoingo: The entire world is Italy. <- true words
assbot: [MPEX] [S.MPOE] 4678 @ 0.00094625 = 4.4266 BTC [+]
HeySteve: they hint it's related to heartbleed, NRPE or Ebury, not that I'd heard of the other 2
fluffypony: can you search the WoT for a specific gpg key id?
assbot: [HAVELOCK] [PETA] 3 @ 0.0708 = 0.2124 BTC [-]
assbot: [HAVELOCK] [AM1] 10 @ 0.50000001 = 5 BTC [-]
jurov: davout will surely fix it
assbot: [MPEX] [S.MPOE] 44478 @ 0.00094902 = 42.2105 BTC [+] {6}
assbot: Voicing MykelSIlver for 30 minutes.
assbot: Voicing Sahtor for 30 minutes.
bitcoinpete: fluffypony: saw that article about the mt gox coins flowing into maidsafe. that thing is more crooked than a chicago politician
fluffypony: bitcoinpete: yep, but then some bright spark traced some coins back to BTC Guild and accused Eulethria of being complicit
fluffypony: without thinking that maybe someone mined some coins in the pool, withdrew them, and then used them
fluffypony: because obviously all coins just appear out of thin air
bitcoinpete: so ltb head adam levine tried writing about maidsafe for techcrunch and they pulled his article cuz it had a tip widget
fluffypony: did they think it defeated journalistic integrity?
assbot: [HAVELOCK] [CBTC] 1499 @ 0.0001291 = 0.1935 BTC [+] {2}
bitcoinpete: kid is pissing me off pretending he knows shit though, quotes like "Life is about variables, monetary fundamentals is entirely about variables." abound
cazalla: how'd he sneak that widget in
assbot: [HAVELOCK] [NEOBEEQ] 5395 @ 0.00006412 = 0.3459 BTC [-] {9}
bitcoinpete: "The MAIDSAFE project specifically and these types of crowdsales broadly have a great future ahead, but it’s a bit like launching a boat – careful thought, diligent planning and rigorous construction must all come together or the whole thing sinks." <<such derp
fluffypony: someone needs to tell MaidSafe and this "Dark Market" crap that they're reinventing the wheel; Tahoe-LAFS over I2P already has a web client and is a distributed data store etc.
cazalla: bitcoinpete: so you won't be accepting ltbcoin for your writings?
bitcoinpete: cazalla: good question. obviously not very subtly or else tc wouldn't have published and retracted
cazalla: maybe the editor just copy/pasta'd without proofreading
bitcoinpete: levine is also doing this humint.is thing. he's the "cvo"
davout: random_cat jurov it's fixed, thank you for reporting
davout: ;;rate random_cat 1 reads the fine print
gribble: Rating entry successful. Your rating of 1 for user random_cat has been recorded.
fluffypony: thestringpuller: new idea for a Bug Bounty program?
davout: thestringpuller: ~paris
davout: thestringpuller: reading fine print is a good thing, why not rate it as such? :D
assbot: [HAVELOCK] [AM100] 60 @ 0.00469993 = 0.282 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 6350 @ 0.00094353 = 5.9914 BTC [-]
jurov: <troll>if random_cat really did read fine print, he'd ask you straight, not mirceau popescue</troll>
random_cat slaps jurov about a bit with a wet puppy
davout: brb, gonna slap myself with wet pussies
assbot: Voicing Luke-Jr for 30 minutes.
davout: random_cat: wet pussies are the consequence of so much log, not the other way around
random_cat: i think that depends upon where one's nose is
ozbot: Is China Really Prepared to Shift to Market-Driven Interest Rates? | Institutional Investor
bitcoinpete: "Worry about skin in the game, not inequality."
assbot: [MPEX] [S.MPOE] 1469 @ 0.00094559 = 1.3891 BTC [+]
HeySteve: yeah Eleuthria contacted me, glad I was vague and didn't make any accusations of involvement there
HeySteve: re: <+fluffypony> needless to say, eulethria was pissed
assbot: [MPEX] [S.MPOE] 4000 @ 0.00094843 = 3.7937 BTC [+]
fluffypony: I have both my left and my right hands still attached
ozbot: Why the SaveGox Plan is Very Important to the Bitcoin Ecosystem | FENTON REPORT
fluffypony: he has a point though - if the 200k coins they magically "found" form part of the assets sold off to pay creditors, customers will proportionally get less as they have to share with other creditors
fluffypony: I'm just glad I never kept coins on there
Naphex: mostly cacheing tuning
Naphex: and removing some bugdowns
Naphex: they banned btc again?:)
assbot: Voicing MrWDunne for 30 minutes.
MrWDunne: Yes, they are banning btc again
MrWDunne: Essentially leaves China to use Cash only, not sure if they will be willing to use that
Naphex: well, i missed the whole news
pankkake: I'm surprised things like mtgox bankruptancy were considered "bad" for bitcoin price
pankkake: after all, you realize there are now less bitcoins than previously thought
fluffypony: Naphex: that graph on the front page, it's not possible to zoom in right? wanted to see if you guys saw a dip from the China thing as well
MrWDunne: Pankkake Same amount of bitcoins. Just in fewer people's hands
MrWDunne: Starbucks apparently holds a large amount of BTC
Naphex: fluffypony: there is a slider down, you squeeze it
pankkake: well no, fractionnal reserves means more bitcoins than there are
Naphex: will switch it with a good graph pretty soon, the data plant should be ready by monday
Naphex: and we'll replace it with proper OHLC-V data & candlesticks
Naphex: brb, heading home. done with the office
ozbot: 52 Year-Old French Banker Jumps To Her Death In Paris (After Questioning Her Superiors) | Zero Hedge
MrWDunne: pankkake: They didn't just disappear. They just moved to somewhere other than the owners hands
pankkake: but that was a while ago. so those bitcoins were already out, priced. yet people were still seing pretty numbers of bitcoins that were not there
MrWDunne: The problem is we don't know when they left, so its hard to price in.
assbot: [HAVELOCK] [AM1] 1 @ 0.49953258 BTC [-]
MrWDunne: It does mean for a while there were more bitcoins in circulation than actually existed. But when did it all start?
assbot: [MPEX] [S.MPOE] 1900 @ 0.00094843 = 1.802 BTC [+]
assbot: [HAVELOCK] [CBTC] 1100 @ 0.0001291 = 0.142 BTC [+]
ThickAsThieves: "On the business front, Android fans are more apt to show a strong interest in Evernote (16.65X), LinkedIn (6.90X), venture capital (5.44X), and corporate finance (3.85X). The only business topics to feature prominently for iOS fans are TechCrunch (13.55X) and Bitcoin (7.93X)."
bitcoinpete: "#blackcoin is temporarily down but because of excellent community support we're working super hard to get it up again. ETA 2 hours." << ummm
mod6: so this looks weird:
mpexbot: mod6: S.MPOE Bids: ['15250 @ 0.00094828', '2256 @ 0.00094717', '4878 @ 0.00094541', '9100 @ 0.00094403', '4358 @ 0.00094297']
mpexbot: mod6: Asks: ['12204 @ 0.00094843', '18446744073709523111 @ 0.0009494', '10350 @ 0.00094958', '11050 @ 0.0009503', '3779 @ 0.0009512']
mod6: '18446744073709523111 @ 0.0009494'
mod6: it's happened before, was quickly fixed.
ozbot: Startups Anonymous: Things founders say to investors that are complete BS | PandoDaily
bitcoinpete: ThickAsThieves: sounds like maidsafe and bitgo all wrapped into one
assbot: Voicing MichalisBTC for 30 minutes.
assbot: [HAVELOCK] [PETA] 2 @ 0.0718 = 0.1436 BTC [+]
ThickAsThieves: MichalisBTC do you have a link for details on your plan?
MichalisBTC: sure check it out, this is just to showcase projects cryptosysinc.com
ThickAsThieves: my own goal is for you guys to put him through the wringer so as to temper (snuff?) his plans as appropriate
ThickAsThieves: i am not particularly experienced or understanding of what he wants to offer
ThickAsThieves: other than specialized bitcoin software for businesses
MichalisBTC: we are working on a new project, it's Blockchain as a Service. It's a friendly RESTful API that allows creating bitcoin apps...to put it in single sentence. with a lot of automations and event type notifications.
ThickAsThieves: I met the Cryptosys guys last year, we broke bread, Danny proceeded to fuck them in the ass, etc
ThickAsThieves: maybe we can talk about this Hearn as your technical advisor thing
MichalisBTC: Yes, we approached Mike because all our previous work was on bitcoinJ. BitcoinJ was designed to be a mobile client rather a backend server.However, the tools of the library are helpful and because we code in Java we decided to give it a shot. We broke it appart and used what was good for our purposes but as some point we wanted advise on how to proceed, so we thought to pass our plans
MichalisBTC: Really nice guy btw. We had a one hour skype video call and went over our designs. A few days ago we asked him if we appoint him as our advisor for the funding process and he was kind enough to accept.
Naphex: high scale services on spv?:(
fluffypony: so is he a technical advisor in terms of checking your architecture and designs, or is he an advisor to the funding process/business proposal?
ThickAsThieves: so i wouldnt rely on him for anything strategic or conceptual
MichalisBTC: technical advisor, our talks are strictly technical
MichalisBTC: The space we are entering with "Blockchain as a Service" is kind of competing with blockchain.info, some features overlap. his advise on that was that indeed we need more of these type of SaaS to help the eco-system...
Naphex: ThickAsThieves: as in thin client, in bitcoinj
Naphex: simple payment verification
Naphex: any MITM will own the SPV's
ThickAsThieves: so, i'm not clear how making thin clients and acting like blockchain.info will make you money
Naphex: too me it just looks like products spinned off bitcoinj
MichalisBTC: well we are not making thin clients. Our customers will be those requesting software services. not the end users.
MichalisBTC: i guess there are a number of ways to do this, we went with Java and bitcoinJ was of great help.
Naphex: MichalisBTC: so the clearing engine keeps the wallets, provides restful apis to the other products right?
Naphex: ThickAsThieves: run a full-node cluster, and get whatever data you need from there. use full nodes for payments, and multi-sig cold wallets for storage
MichalisBTC: FX companies that need to offer bitcoin clearing without us being in control of their bitcoin. Anyone who wishes to built a bitcoin app. We do the heavy lifting for them.
MichalisBTC: We will be also offering notifications (sms/email/callbacks) in realtime
Naphex: The built in API allows to perform the following functions:
Naphex: A. Send bitcoins from master, customer, hot wallets.
Naphex: B. Get balance updates for any existing wallet under the control of the system.
Naphex: C. Create new customer wallet.
Naphex: D. Create hot wallets.
Naphex: E. Process large amount requests.
Naphex: MichalisBTC: what does the secure architecture entail? what other security systems are in place, besides the GRE tunnel
Naphex: and locked down internet
Naphex: can i clean you out if i get access to the gre?
Naphex: All the private keys and wallet files are immediately backed up to multiple physical locations via encrypted tunnels. The keys and files are stored in an encrypted format on database which reside on encrypted partition file systems. Thus eliminating the possibility of stealing keys, even if hard drives from backup locations are stolen.
Naphex: where are the encryption keys kept?
MichalisBTC: We are not holding any funds for "Blockchain as a Service" and the only input in the system is the bitcoin netowork.
Naphex: MichalisBTC: bitcoin network, as in SPV BitcoinJ
Naphex: not a full verifying node yes?
MichalisBTC: However, on other implementation, where we did host wallets, we had clear separation of non critical servers with distributed security. And at the back end everything was separated with APIs.
Naphex: MichalisBTC: did the API's require signing? like HMAC?
MichalisBTC: also, on the complete from end we used custom proxies.
assbot: [HAVELOCK] [PETA] 7 @ 0.07190556 = 0.5033 BTC [+] {4}
MichalisBTC: for blockchain as a service we plan to use oauth, so yes
assbot: [HAVELOCK] [AM1] 1 @ 0.50579145 BTC [+]
punkman: MichalisBTC: why "as a service"? why not license the software that provices the convenient API for the blockchain?
fluffypony: less reputational risk as well, let the customer take ownership of their screw ups
MichalisBTC: we could license it, the main feature are the notifications. Business is to charge for the notifications, integration and support. Mainly because we will deal with businesses.
MichalisBTC: We are in Cyprus, low corporate tax attracts a lot of FX companies, who wish now to integrate bitcoin. Some list it already as CFDs, but they cannot clear bitcoin. We do the hard work for them, they are in control of the wallets. We are just the passthrough, offering a service.
Naphex: MichalisBTC: what is the hard work in clearing bitcoin?
punkman: what is "clearing bitcoin"?
Naphex: punkman: ok payment, at 3 confirmations. send clearence
Naphex: 'here is your money, its good'
assbot: Voicing MichalisBTC for 30 minutes.
Naphex: the weak point beeing any DDoS
Naphex: completly shutting down you're clearing node
Naphex: as we see every day with blockchain
Naphex: getting ddos'ed and cloudflare shutting down the API's
gribble: Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net', is identified as user 'thestringpuller', with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None
gribble: Bitstamp BTCUSD ticker | Best bid: 454.09, Best ask: 455.9, Bid-ask spread: 1.81000, Last trade: 454.09, 24 hour volume: 31575.48797401, 24 hour low: 438.05, 24 hour high: 505.0, 24 hour vwap: 467.11276242
assbot: [MPEX:S.MPOE] 1D: 0.00094255 / 0.00095081 / 0.00095978 (639879 shares, 608.41 BTC), 7D: 0.00094255 / 0.00097499 / 0.00101 (5908739 shares, 5,760.96 BTC), 30D: 0.00092844 / 0.00096165 / 0.00101 (21700966 shares, 20,868.83 BTC)
assbot: Last trade for S.MPOE on MPEX was at 0.00094843 BTC [+]
MichalisBTC: with our security design for the perimeter the worst thing that can happen to one of our satellite nodes is go out of service. But with a DDoS they cannot penetrate further than that.
MichalisBTC: but yes point being that the mid-tier business ie fx, don't have to worry about it. We do
assbot: [HAVELOCK] [ALC] 6 @ 0.14 = 0.84 BTC
Naphex: yeah but when ddos hits, and their customers can't deposit / withdraw, support phones and emails start burning
Naphex: why hasn't anyone implemented clearing notifications in BitcoinD Core ;o
Naphex: ;;later tell Naphex fork BitcoinD, and implement clearing notifications via JSON-RPC
MichalisBTC: Naphex: yes, our nodes will not be publicly available. :) no notification in core
artifexd: Why did you make the distinction? What's the difference?
assbot: [HAVELOCK] [CBTC] 2005 @ 0.0001291 = 0.2588 BTC [-]
ThickAsThieves: MichalisBTC I'd recommend registering your name with nickserv, then signing up for the Bitcoin Web of Trust. These are some of the verification methods we live by and a great way to build your rep while establishing an identity.
ThickAsThieves: people here can help with any aspects you are unclear on
ThickAsThieves: it's a slow time of day here, so the more you're around the more you can float your questions and answer them
MichalisBTC: sure, and I also I would like to get more feedback on the project, give out more info
assbot: [HAVELOCK] [AM100] 60 @ 0.00435 = 0.261 BTC [-] {2}
Naphex: MichalisBTC: go core!:D
fluffypony: I would trust Naphex with my infrastructure
fluffypony: ;;rate Naphex 1 knows his shiznat regarding infrastructure, architecture, and deployment. is probably a better developer than me to boot.
gribble: Rating entry successful. Your rating for user Naphex has changed from 1 to 1.
fluffypony: ThickAsThieves: when are we starting BitDevils?
ThickAsThieves: all we need is some handsome pictures of everyone in a suit or bitcoin t-shirt
fluffypony: and we'll call it a "consulting service" for startups
fluffypony: where we play devils advocate to the ideas
assbot: Voicing smidge for 30 minutes.
assbot: Voicing mrwdunne for 30 minutes.
mrwdunne: Anyhow, does anyone have any new questions re exchange?
Naphex: mrwdunne: will you have liquidity at launch?
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
mrwdunne: Naphex: yes, we are selling in stages, at each stage we will sell the shares for more. Whatever we have left we will use to provide liquidity. However I think we will see a flood of people from the UK when we launch. Especially as the bank transfers are instant
ThickAsThieves: you think youll get a flood of people on a new exchange?
mrwdunne: First in the UK to have access to UK banking. Immediate advantages to competitors
mrwdunne: (UK banking has free and instant transfers)
assbot: [HAVELOCK] [B.SELL] 3 @ 0.04233333 = 0.127 BTC [+] {3}
mrwdunne: *immediate advantages over competitors
assbot: [HAVELOCK] [PETA] 18 @ 0.07179111 = 1.2922 BTC [+] {2}
mircea_popescu: mrwdunne srsly, it's not the first in any sense, forget about that angle.
mrwdunne: mircea_popescu Which other ones are still running?
assbot: [HAVELOCK] [PETA] 15 @ 0.07198 = 1.0797 BTC [+]
mircea_popescu: so are you going to make the first roman empire, too ?
mrwdunne: True, first might be the wrong word. Regardless it is the only
assbot: [HAVELOCK] [PETA] 8 @ 0.07198237 = 0.5759 BTC [+] {2}
mrwdunne: Only is not at all bullshit, although yes first is the wrong word
ThickAsThieves: being the only human on island doesnt make you valuable
assbot: [MPEX] [S.MPOE] 3500 @ 0.00094843 = 3.3195 BTC [+]
mrwdunne: Only exchange with access to the UK banking network. That does make you valuable
mircea_popescu: mrwdunne only also telegraphs noobishness. you're too new in this game to know, but nothing is valuable in any market unless and until it has ocmpetitors.
mircea_popescu: noob founders try to pitch onlyness to vcs all the time, innocent of the plain obvious fact that it's a disqualifier.
mrwdunne: mircea_popescu I have read through your posts on bitcointalk already. You pitch that if someone is competent and the idea has potential that is what matters. I am the only person who has managed to get the account
mrwdunne: That is why no one else has done it
fluffypony: mrwdunne: every entrepreneur pitching a business says that their product is a special and unique snowflake the likes of which have not been seen from the beginning of time until now, no nor shall be seen again...that's not a compelling reason for customers to move en-masse to your exchange
mrwdunne: Offering free, instant bank transfers however is a reason to move en-masse. Being the only may not directly be the selling point, however that is a very valid advantage
ThickAsThieves: i'll tell you, bank transfer fees are of little concern to notable buyers
mrwdunne: ThickAsThieves I agree, to significant buyers it is not an issue. However it is a significant advantage to significant amounts of smaller buyers.
mrwdunne: ThickAsThieves reputation is something that can be earned
mrwdunne: Free, instant bank transfers. Perfect regulatory environment for an exchange as there are no AML/KYC requirements.
ThickAsThieves: Perfect regulatory environment for an exchange as there are no AML/KYC requirements.?
mircea_popescu: mrwdunne dude seriously. you've been running this for what, six weeks ?
mrwdunne: ThickAsThieves None that exist
mircea_popescu: a perfect chair that's not been sat into is no sort of advantage. those things will count in five years.
mrwdunne: ThickAsThieves no you cannot. There are just no reporting requirements
mircea_popescu: fuck, even nefario had a "perfect" regulatory environment for an exchange
mrwdunne: Nefario was a scammer, essentially
ThickAsThieves: whats the distinction, how does AML exist if it doesnt exist?
Naphex: mrwdunne: before i got splitted, i asked what is your defense against bank fraud considering 'instant' bank transfers?
mircea_popescu: unlike you, he didn't have the benefit of -assets existing.
mrwdunne: ThickAsThieves it does not exist for bitcoin exchanges in the UK, according to the FCA. We have no legal obligation to collect identification (we will be, but not for small buyers)
Naphex: as in hacked bank accounts, or clients wanting reversals because they inputed by mistake too many 0's
mrwdunne: ThickAsThieves remarkably I have actually spoken with the FCA about this, as opposed to just reading their manuals.
mrwdunne: ThickAsThieves I have it in writing that they do not, and have no intention to regulate any bitcoin exchange
mrwdunne: This is already public knowledge, however I confirmed it with them. Hell I think coindesk did an article on it
assbot: [HAVELOCK] [AM1] 1 @ 0.502 BTC [-]
mrwdunne: (That is not our private correspondence with them however)
ThickAsThieves: this is some bumfuck logic no? "However the FCA has not offered any constructive guidance or comment on the regulation of digital currencies. In fact, the FCA has gone as far as stating it does not regulate digital currencies and has no intention of doing so. The result is that bitcoin businesses in the UK are not obliged to register with or be authorised by the FCA."
mrwdunne: ThickAsThieves Sorry, I don't know what you mean by bumfuck logic
jurov: mrwdunne: but you are not bitcoin-only business
mrwdunne: jurov We got further confirmation from them behind closed doors
jurov: you'll be holding your customer's pounds
mrwdunne: The article specifies crypto itself. We are not basing our compliance on an article
assbot: [HAVELOCK] [PETA] 10 @ 0.07199807 = 0.72 BTC [+] {4}
assbot: [HAVELOCK] [CBTC] 1000 @ 0.0001291 = 0.1291 BTC [-]
mrwdunne: ThickAsThieves No, we will be complying with the KYC/AML laws regardless.
jurov: recently there was this type of scam around: A buys from B something, B gives to A his exchange E's bank account
jurov: A then sends fiat to E, B exchanges them for bitcoins and vanishes without giving A anything
jurov: A asks his bank to reverse payment.. what will you (E) do?
mrwdunne: Jurov There are ways of ensuring deposits are not reversed.
Naphex: jurov, asked that too.. even hacked bank accounts
mircea_popescu: Naphex last numbers i've seen, about 85bn try to move through triangular transfers a year worldwide.
pankkake: I wonder what a bankkake would be…
assbot: Voicing mircea_popescu without time-limit.
assbot: Voicing mrwdunne for 30 minutes.
assbot: ThickAsThieves, you can't do that to mircea_popescu.
mike_c: ooh, assbot got brains now.
assbot: Voicing ThickAsThieves without time-limit.
assbot: mike_c, you can't do that to ThickAsThieves.
ThickAsThieves: he was here earlier and will likely be back to hang out
fluffypony: Naphex: a sledgehammer is an amazing tool, but you try cutting a medium-rare steak with it
mike_c: ThickAsThieves: it looks like they are in no way biting off too much ;)
Naphex: fluffypony: ofc same with everything :]
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.0742218 = 0.3711 BTC [-]
Naphex: but java gets you lots of bonuses early, when working on anything mid-size
mircea_popescu: fluffypony well if you flail it around fast enough you could generate enough plasma to cut a steak...
Naphex: speeds up development, keeps it tidy
Naphex: you can JNI plug and do some C to make it faster
mircea_popescu: decimation: but the "recovery" is great guys, just some snow, no problems here << in fairness, they were overissuing
assbot: [MPEX] [S.MPOE] 4819 @ 0.00094843 = 4.5705 BTC [+]
fluffypony: mircea_popescu: JSE (Johannesburg Stock Exchange), which is our equivalent of the NYSE
assbot: [HAVELOCK] [B.MINE] [PAID] 2.59776300 BTC to 7`210 shares, 36030 satoshi per share
assbot: [HAVELOCK] [PETA] [PAID] 61.04601580 BTC to 80`674 shares, 75670 satoshi per share
fluffypony: worst two years of my life, so much discord and backstabbing and dick-measuring among their management
mircea_popescu: seem to be on an acquisition spree now, and pumping per share earnings
fluffypony: they're always on an acquisition spree
fluffypony: they got lucky early on with a couple of smart acquisitions
fluffypony: so then they buy stupidly, and if a company gets folded into your division/company you're fucked trying to integrate staff that don't want to be there
fluffypony: especially management staff that are defunct
assbot: [HAVELOCK] [PETA] 2 @ 0.0719999 = 0.144 BTC [+]
assbot: [HAVELOCK] [PETA] 9 @ 0.0719999 = 0.648 BTC [+]
assbot: [HAVELOCK] [PETA] 55 @ 0.070803 = 3.8942 BTC [-] {3}
fluffypony: it's ridiculous, daddy is smart and started a company, and then basically gave his sons companies and shitloads of money
fluffypony: Altech is successful in spite of its CEO, not because of it
assbot: Voicing mrstickball for 30 minutes.
mrstickball: turns out, there's a new crypto-security that is based out of Grove City
assbot: Insufficient rights, mrstickball, !up yourself on PM first.
fluffypony: mircea_popescu: no clue, I left just before they folded Swistech into ISIS (Oct 2012), so whoever ended up managing that process would have been my replacement
assbot: [HAVELOCK] [PETA] 13 @ 0.07066246 = 0.9186 BTC [-] {4}
mircea_popescu: anyway, this added an obscure foreign lolcorp for my shortlist
mrstickball: Blazedout419: look into Adeally... They're out of Grove City
mrstickball: its somewhat interesting. Not their business as much as they are using Counterparty
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03251 = 0.2601 BTC [+]
fluffypony: mircea_popescu: shortlist of companies never to deal with or invest in? coz that's where they should be on:-P
mrwdunne: Is that the online store? The one that valued themselves at several million?
mrwdunne: mrstickball It seemed like an interesting idea. But not worth close to that much
mrstickball: not the best plan per-se in terms of what it is, but the PPM and DD look good
mrstickball: so its a weird combination of great plan, bad idea
assbot: [HAVELOCK] [PETA] 8 @ 0.0706 = 0.5648 BTC [-]
assbot: [MPEX] [S.MPOE] 8600 @ 0.00094897 = 8.1611 BTC [+] {3}
assbot: Voicing mrwdunne for 30 minutes.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.042 = 0.126 BTC [-] {2}
mrwdunne: No one who seems very significant at this point in time
assbot: Voicing chetty for 30 minutes.
mrstickball: You can pull out the BTC from when people buy into your company, correct mrwdunne ?
numerisTrade: do you have any experience with ititch.com (or can recommend any other bitcoin domain registrar)?
mrwdunne: namecheap.com is excellent numeristrade
mircea_popescu: or at least used to be. i dunno anyone used it itches thingee, so you get to be the first.
artifexd: When will trading of s.mpif begin?
mircea_popescu: the idea being that it'll have its first report before the 5th, and that'll allow a nav, and then it can trade.
numerisTrade: mircea_popescu, is there any domain registrar you can recommend? What is wrong with namecheap.com?
mike_c: piffy nav is ~250 btc?
mircea_popescu: they were really great, but recently did a dumbass websiute redesign breaking everything. i bitched about it, they fixed some things, what can i say. nothing good endures
ozbot: Namecheap goes off the deep end. Anyone know a decent domain registrar ? pe Trilema - Un blog de Mir
mircea_popescu: numerisTrade anyway, definitely a better bet than godaddy, which is unequivocally atrocious. maybe enom if you have a direct contract with them.
mircea_popescu: decimation: re: amazon, I've heard it's a tough life working there << but it's a large corp. of course they'd be managing the fuck out of all cost, neh ? afaik google is pretty much the only giant still trying to play the startup, otherwise even apple is bezos-ing it away.
ozbot: The Enterprise of Customary Law - Bruce L. Benson - Mises Daily
ThickAsThieves: The verdict is in, unless i'm ready to move to Romania, and/or MPEx blocks US customers, and/or I register as a broker/dealer with SEC, I must decline the MPIF mgr position due to legal concerns. Even then, it'd take a combination of those to have any remote chance of safety. :(
fluffypony: we basically have no laws of real worth, and those that could possible get in your way seem to disappear at the wiff of money
ThickAsThieves: as an interesting aside, my lawyer, a former US Attorney, has expressed interest in coming here tp pick your brain MP
fluffypony: (not quite that bad, but it's a little wild-westish)
bounce: isn't there a private jet thing for this sort of situation yet?
bounce: slow boat out of america
assbot: [HAVELOCK] [PETA] 3 @ 0.07111 = 0.2133 BTC [+]
bounce: great opportunity to catch up with the reading. *is a bit swamped*
bounce: can't trust a thing that guy claims, he's clearly on shroomz
ThickAsThieves: so anyone have any great leads on jobs in animal conservation in non-US countries?
bounce: "self preservation" ought to count *gdr*
ozbot: HP Server Killer Firmware Update On the Loose - Slashdot
mircea_popescu: his blondy looks like she's doing lots of animal conservationing :D
fluffypony: ThickAsThieves: yes, she can come here and look after our dogs, we have 6 of them
fluffypony: seriously tho, there are a bunch of programs
fluffypony: but they're pretty stupid because you pay them to be a volunteer worker
ThickAsThieves: she actually works for one that runs the Okapi Conservation Project
bounce: probably more effective to start a militia/hire a bunch of trigger happy goons/whatever and do some "long pig hunting" on poachers
fluffypony: mircea_popescu: the Congo's a tough haul for a white guy
fluffypony: mircea_popescu: anyone not tall, dark, and French speaking is white to them ;)
mircea_popescu: worst that can happen is you end up dead. which will happen anyway.
fluffypony: ThickAsThieves: in all seriousness, there are a number of really good programs out here that are always looking for help - I think I linked to these guys the other day, but in case not:
http://www.jukani.co.za mrwdunne: I think people prefer to live for longer though. Definitely go and do some charity in Africa though - its a great experience
moiety: <ThickAsThieves> so anyone have any great leads on jobs in animal conservation in non-US countries? << manuls obviously
bounce: depends on what you think is "charity". plenty of the oh-so-selfless white influence hasn't done the continent a bit of good
mircea_popescu: ThickAsThieves you don't bring it up. you go home and say "woman, we're leaving for the congo. pack stockings and tank tops, and read up on slim's guide to cook for bogart"
assbot: [HAVELOCK] [PETA] 10 @ 0.07031794 = 0.7032 BTC [-]
ThickAsThieves: mp, to say as much would be to decide whether divorce is the answer
mircea_popescu: ThickAsThieves women have this endless capacity to pleasantly surprise.
assbot: [HAVELOCK] [PETA] 2 @ 0.0711095 = 0.1422 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 3100 @ 0.00094958 = 2.9437 BTC [+]
moiety: finally, someone noticed!
fluffypony: looks like there's mutual extradition in place, but that they've refused to extradite before for a guy that could possibly have received the death penalty
fluffypony: "This infringed Mohamed's rights to human dignity, to life, and not to be punished in a cruel, inhuman or degrading manner. The Constitutional Court concluded that the handing over of Mohamed to the US government was unlawful"
mrwdunne: What charges were they extraditing him on?
fluffypony: "Mohamed, a Tanzanian national, fled to South Africa after his involvement in the 1998 bombing of the US embassy in Dar-es-Salaam."
mircea_popescu: so they have an agreement, which they can't use to extradite terrorists ?
mrwdunne: US doesn't have a very good track record when it comes to human rights and terrorism. Their judgement was probably the correct one
fluffypony: ThickAsThieves: before you move setup a fake murder in the US, and then if they try extradite you you can just claim that the death penalty is a possibility
mircea_popescu: fluffypony you are clearly well qualified to give legal advice :D
moiety: :D yeah i havent found a manul cutter yet -- epic job for a 3D printer i reckon
mircea_popescu: now who was i owing cookies to ? benkay ? kakobrekla ?
mircea_popescu: ThickAsThieves i don't trust davout. his girl only rated him a 3.
kakobrekla: not that id get any, but i dont like cookies :(
assbot: Voicing quantyfikator for 30 minutes.
ThickAsThieves: you are obligated to report any foreign account with more than $10k
chetty: you can run but cannot hide
moiety: kakobrekla: i'll make savoury ones for you
benkay: mircea_popescu: i already got my cookie. but it was a different cookie.
ThickAsThieves: ascii with your brains and my tongue we could surive easily in any place
kakobrekla: asciilifeform working on it or only wishing ?
mike_c: rotund! perhaps, but i am also strong like bull. all you scrawny europeans couldn't bench press a girl.
mike_c: that's like short guys saying they don't like tall women. very self serving.
benkay: what's the middle name in a four name name? lol
assbot: Voicing chetty for 30 minutes.
mircea_popescu: i quote, "<chetty> well you be glad to hear we're finally back to active programing on eulora - but right now need to hit the store for weekend supplies of milk and coffee - back in a bit"
assbot: [HAVELOCK] [PETA] 11 @ 0.07031794 = 0.7735 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 18 @ 0.07 = 1.26 BTC [-] {3}
ThickAsThieves: “I think it’s a really interesting area," Cook said. "We have almost 800 million iTunes accounts and the majority of those have credit cards behind them. We already have people using Touch ID to buy things across our store, so it’s an area of interest to us. And it’s an area where nobody has figured it out yet.
ThickAsThieves: "I realize that there are some companies playing in it, but you still have a wallet in your back pocket and I do too which probably means it hasn’t been figured out just yet.” ~Tim Cook
benkay: why weren't they converting coffee to program in the first place, mircea_popescu ?
assbot: [MPEX] [S.MPOE] 19769 @ 0.00094804 = 18.7418 BTC [-]
mircea_popescu: asciilifeform there is, but moiety will never get to know.
benkay: <bitcoinpete> taleb's on a roll right now << link?
moiety: i like them too! they have stripy legs!
assbot: [HAVELOCK] [CBTC] 9000 @ 0.0001291 = 1.1619 BTC [-]
moiety: this is actually what got me thinking on expanding to a felinae site
mircea_popescu: ima pay 1 btc to taleb and 1 btc to whoever gets him to come here.
benkay: bitcoinpete: that's the footnotes to FBR?
mircea_popescu: also in s.mpif news : juraj whom you know as jurov has accepted to take over pc #5.
moiety: do you get crazy [wild]cat ladies? if so, i need a tshirt
bitcoinpete: benkay: the notebook is like his blog, a running tally
benkay: ;;later tell ThickAsThieves may i help you, sir?
benkay: ;;later tell ThickAsThieves ah i see you wanted me to talk to MichalisBTC?
jurov: asciilifeform, you mentioned some code to rape other bots? imma interested ;)
mircea_popescu: "44% of Americans are living with less than $5,887 in savings for a family of four" << fun fact ? most romanians own more than that.
assbot: [MPEX] [S.MPOE] 12201 @ 0.00094552 = 11.5363 BTC [-] {3}
mircea_popescu: so, i stopped by the doc today had my blood pressure measured. anyone care to guess ?
mircea_popescu: (as a bonus hint, before retiring a good decade ago, i was doing something like 240/160)
jurov: 100/60 if you had an erection
mircea_popescu: dude the sa crew is actually doing a splendid job raping teh tardtalk forums
mircea_popescu: HeySteve: this place is becoming a real Dragon's Den, I'm thinking of writing something to that effect << by all means. maybe get nubbins to draw us all as pony dragons.
gribble: nubbins` was last seen in #bitcoin-assets 1 week, 0 days, 14 hours, 18 minutes, and 33 seconds ago: <nubbins`> you will need it if you don't want to have to download a client and python every time you boot
assbot: [MPEX] [S.MPOE] 4750 @ 0.00094751 = 4.5007 BTC [+]
mircea_popescu: omfg our untalented drawer / sausage maker guy is gone! WHERE!
mircea_popescu: come back nubsy we need ourselves drawn as flying dragon princesses
mircea_popescu: fluffypony not sa as in south africa, sa as in something awful
assbot: Voicing veeminer for 30 minutes.
assbot: [MPEX] [S.MPOE] 16563 @ 0.00094834 = 15.7074 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0325 = 0.13 BTC [+]
fluffypony: I hate having to even have Java installed, but SuperMicro's IPMI requires it for remote console
fluffypony: mircea_popescu: is there a non-Java IPMI bios available for their boards?
fluffypony: coz that shit irks me more than NameCheap's new design
assbot: [HAVELOCK] [PETA] 7 @ 0.0711097 = 0.4978 BTC [-] {3}
fluffypony: "The underlying protocol seems to be VNC, but with a different authentication scheme, making standard VNC clients useless. (Also it appears to be an OEM version of ATENs KVM/VNC stuff.)"
mircea_popescu: what the hell useless. have your wizard rewrite the auth scheme
mircea_popescu: bs auth in-house giga scheme anyway, prolly more broken than a 50yo whore.
fluffypony: mircea_popescu: I think there are tons of undiscovered issues with all this non-standard IPMI shit, I'm waiting for something major to hit any time soon
assbot: [HAVELOCK] [AM1] 2 @ 0.508535 = 1.0171 BTC [+]
mircea_popescu: going through the londerfull log of this mrwdune dood. did he at least have the sense to locate in Guernsey ?
assbot: Voicing heretostay for 30 minutes.
assbot: [HAVELOCK] [AM1] 1 @ 0.51199997 BTC [+]
mircea_popescu: fluffypony: how your software will handle large volumes << that's the funniest thing i read today.
fluffypony: mircea_popescu: well the point being that he has to have some more details on the proposal other than "money plz, will spend on sekuriteez and kode"
ozbot: Which States Hate Themselves The Most?
fluffypony: he could probably do it in PHP for the volume he's going to get
gribble: Error: "bc,tslb" is not a valid command.
gribble: Time since last block: 38 minutes and 40 seconds
mircea_popescu: lol counterparty.co srsly ? "pls to trade your bitcoinz for very valuable xcp"
BingoBoingo: Chicago dragging down the good middle of nowhere we have
ozbot: 4/23 - URGENT COUNTERWALLET.CO SECURITY NOTICE
mircea_popescu: Due in part to this process, we have been notified of a security bug in bitcoinjs-lib (the bitcoin javascript library counterwallet uses) that was internally disclosed to us by the bitcoinjs-lib team yesterday evening. We worked with them on applying a fix, which was made live late last night and this security notice was drafted pending confirmation from the team. However it appears the bug has already been exploited i
assbot: [HAVELOCK] [AM1] 2 @ 0.50200001 = 1.004 BTC [-]
assbot: [HAVELOCK] [AM100] 227 @ 0.0044 = 0.9988 BTC [-] {3}
mircea_popescu: somehow i seem to have missed this ? did bitcoinjs announce something ?
assbot: [HAVELOCK] [AM1] 1 @ 0.50200001 BTC [-]
assbot: [HAVELOCK] [AM100] 113 @ 0.0044 = 0.4972 BTC [-]
mircea_popescu: "After scoring a major grant awarded by the Bitcoin Foundation, Coinpunk’s beta version is finally available. The project, which is being developed by the veteran startup founder Kyle Drake, intends to build the first fully open-source, self-hosted do-it-yourself Bitcoin wallet service that you can run on your own server."
☟︎ mircea_popescu: "To reward the work of the developers, Drake is “offering three bounties of 0.20 BTC each for anyone that finds and fixes (via pull request) any bugs/code issues that potentially cause wallet data loss, a major security bug in the Coinpunk wallet code (coinpunk/models/wallet.js), bitcoinjs-lib, or in the random number generation code”."
assbot: [MPEX] [S.MPOE] 6041 @ 0.00094962 = 5.7367 BTC [+]
mircea_popescu: the... wait for it... the random number generation code.
fluffypony: oh I saw that - it's a web wallet that you host yourself, because that seems like a great idea
fluffypony: because statistically speaking people know how to secure shitty/cheap VPS instances
jurov: it's a "wiggle mouse here" kind?
assbot: [HAVELOCK] [AM1] 1 @ 0.50200001 BTC [-]
assbot: [HAVELOCK] [AM100] 112 @ 0.0044 = 0.4928 BTC [-] {3}
mircea_popescu: but srsly, anyone heard of this major bitcoinjs-lib hole ?
assbot: [HAVELOCK] [AM100] 71 @ 0.0044 = 0.3124 BTC [-] {3}
mircea_popescu: (incidentally, the rng of the java thing is particularly atrocious. piuk (blockchaininfo) made some fixes on a fork)
assbot: [HAVELOCK] [AM1] 2 @ 0.502 = 1.004 BTC [-]
assbot: [HAVELOCK] [AM100] 327 @ 0.0044 = 1.4388 BTC [-] {4}
gribble: Time since last block: 53 minutes and 9 seconds
jurov: zactly when i need it
jurov: i did think of, and made countermeasures when i ran mine
jurov: but did not try to actively exploit
ozbot: ZHU - Moves Like Ms. Jackson (Outkast Cover) - YouTube
moiety: <fluffypony> coz that shit irks me more than NameCheap's new design << dude, glad it's not just me. i seriously thought i'd gone to the wrong place for a second
fluffypony: moiety: their old interface wasn't pretty, but I'm buying a domain...I wouldn't mind an ncurses interface if it worked well
moiety: fluffypony: it now looks like a hipster site of some sort
mrstickball: do all transactions go to the next block once its mined?
moiety: fluffypony: oh and i dont mind what the site is like, as long as it isn't godaddy tbf
fluffypony: moiety: yeah, until you need to manage a domain, then you have the old interface iframe'd in to the Hipster Header
kakobrekla: well i did have some robots on btcusd back in the day but prolly nothing as sophisticated as you
mircea_popescu: fluffypony really they backed off over twitter threats and general discontent
moiety: i actually have hosting with namecheap D:
mircea_popescu: asciilifeform trader experience is that any strategy that starts with "if you had a lot of money" is a loser.
fluffypony: moiety: I have a VPS with them that runs an Electrum server, and then all my international (non-.co.za) domains are with them
kakobrekla: well with inifinite moneey theres no issue for sure
fluffypony: except for a handful of domain hacks for TLDs they don't offer
mircea_popescu: yeah. the master model of the preoblem is "cornering X market", such as the 5 i think to date attempts on silver/gold
moiety: when they opened up a uk data centre, they gave too good a deal. what i dont like is the hoops you have to jump through to get ssh access fluffypony
fluffypony: moiety: is that for shared hosting or a VPS?
mircea_popescu: asciilifeform no but that's always what it is, "dumb x". the mkt isnt dumb
moiety: just shared, im not in anyway ready for vps type affairs fluffypony XD im just getting to grips with ssh!
mircea_popescu: asciilifeform from a mathematical standpoint : the most important quality of markets is that you can't isolate participants.
moiety: believe me when i have anything worth showing i'll be begging you all to take a tour :D (just be dont make me cry if im super proud!)
kakobrekla: its impossible for me to do buy/sell bot on btc, im stuck in bull mode since ever, so my only game was straight forward arb
mircea_popescu: kakobrekla means "that's who she blamed" in slovenlyan right ?
assbot: [HAVELOCK] [AM1] 1 @ 0.49907271 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03154 = 0.1577 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 400 @ 0.0075 = 3 BTC [+]
mircea_popescu: MrWDunne: Also the actual business plan is a 25 page PDF << i like this part best so far.
kakobrekla: i parsed it as "25 kg PDF" for some reason
fluffypony: asciilifeform: yeah I know, but it's better than our dedicated box at a DC here where I have to log a fault and they send an engineer out to press enter on the keyboard because it's stuck at the grub screen
fluffypony: I think it's important for PDFs to have images that haven't been compressed or resampled, because you really want that small logo at the top left to be a 2.5mb PNG
mircea_popescu: fucking losers these kids. if i were 20 and doing a lulzy project like that, the russki'd be naked.
mircea_popescu: so romania has a large lawyer's forum, where pretty much everyone that's not fucktarded in the profession has an account. think fuckedcompany, except for lawyers.
ozbot: Vanzare papagal pentru o partida de sex Cum recuperez pasarea? Pagina 1 - Forum, Avocatnet.ro
mircea_popescu: people ask for free advice all the time. some of the shit's pretty weird.
mircea_popescu: this guy threw a party, asked a girl to sleep with him, she said she'll do it if he's "generous"
mircea_popescu: then, the next day, guy realises that the bird costs 2500 euro and besides, he had it since it was a chick and htey had a special relationship
mircea_popescu: so... can he sue ? should he report her for prostitution ? is there some fruits of the poisonous tree doctrine ?
mircea_popescu: he's got nothing there, nobody ever granted a cause for anything but the most outrageous streetwalking.
mircea_popescu: prostitution is , in the romanian legal tradition, a part of the creating a public disturbance/being a bum area.
mircea_popescu: "soliciting while being poor, unpleasant and unattractive, in a loud and obnoxious manner"
mircea_popescu: i dunno, the us is no longer sane, so one feels bound to insist.
mircea_popescu: btw, anyone here with a lot of insurance experience or connections ?
assbot: [MPEX] [S.MPOE] 6800 @ 0.00094962 = 6.4574 BTC [+]
ozbot: NRA to push national reciprocity for concealed carry permit holders | United Liberty | Free Market -
mircea_popescu: hey, if fags can be married everywhere regardless whether they married, why shouldn't rednecks carry wherever they go.
ozbot: Warren Buffet ordered Dairy Queen, a coke at Four Seasons | Page Six
assbot: [MPEX] [S.MPOE] 1400 @ 0.0009503 = 1.3304 BTC [+]
ThickAsThieves: "Sharon Spink is used to turning heads when she breastfeeds her daughter in public." lol
mircea_popescu: Meanwhile, “pretty young things swarmed Warren as soon he walked through the doors, asking to have photos taken with him,” said one observer. “He graciously did it. A few people asked him to open his wallet in the picture. Oddly enough, he did this too.” According to the onlooker, Buffett had “just a few dollars in his wallet.” The source added, “He’s more popular than the Dalai Lama!”
kakobrekla: whats wrong with coke, its got sugar, caffeine and co2, all the bad shit you can have in one bottle
fluffypony: ThickAsThieves: what in actual...eugh...
fluffypony: remind me never to click on breast.jpg links from TAT
jurov: be glad WB did not order frappucino
fluffypony: jurov: thus secretly revealing himself to be Karpeles' father?
ozbot: "About a week ago some colleagues and I discovered a set of x509 certificates wh - Pastebin.com
assbot: [MPEX] [S.MPOE] 4600 @ 0.00094933 = 4.3669 BTC [-] {2}
fluffypony: BingoBoingo: I have an XP VM I can fire up
ThickAsThieves: so ive had solar power for 3 days now, they come to collect check for install and say, hey yknow you should shut this off, because the new meter isnt installed by power co, it's actually making the count go up not down
ThickAsThieves: so basically i'm gonna be billed for like 400kw of power i gave to elec co
jurov: i'd not use 24 hours in solar panel calculations
fluffypony: that's how he gets news about China first?
ozbot: DMCA takedown–Vali Petcu aka Zoso | Blog Idol ro
fluffypony: wow, ThickAsThieves we'd pay $37k-ish for that here
mircea_popescu: tl;dr : blogger butthurt over blogger.com having deleted some pix off his blog. turns out... he had stolen them from some guy who had stolen them from trilema
mircea_popescu: ThickAsThieves pretty sweet deal. i'd drop 15k on a 10kW solar system.
mircea_popescu: how much roof you got ? do they use all or just half ?
moiety: that blogger is ridiculous btw
assbot: [MPEX] [S.MPOE] 8800 @ 0.0009503 = 8.3626 BTC [+]
mircea_popescu: they got a similar system here but it dopesn't cover 2/3 of the cost, more like 1/3, and the red tape is beyond obnoxious.
ThickAsThieves: where they have to bombard th computer system when lottery goes live
ThickAsThieves: we were like 8th on waiting list, which is basically a shoe-in
kakobrekla: actually a 50kw solar plat that i know of comes online with just over 50w on a clear night
fluffypony: dooglus: moiety would love if that had a responsive hipster layout with lots of CSS and jQuery
mircea_popescu: dooglus now if only cloudflare didn't redirect me to root
moiety puts on specs that have no glass
kakobrekla: i thought this was gonna be a competition.
ozbot: 'Why my daughter doesn't recycle': an economics professor's letter to his child's teacher
mike_c: yes.. and if cloudflare didn't prevent me from getting it through code. gotta love cloudflare.
mike_c: which is annoying for people trying to automatically genrate statistics to report on such things :)
Naphex: why are people still using it
kakobrekla: assbot is whitelisted for the general stats, i dont know if that coveres the new link
mike_c: he is, as he was very helpful when i was writing up the original post on JD. but easier access to stats would be nice.
assbot: [MPEX] [S.MPOE] 850 @ 0.0009503 = 0.8078 BTC [+]
assbot: [MPEX] [S.MPOE] 3750 @ 0.00095057 = 3.5646 BTC [+] {2}
Naphex: hey mike_c can we add BTCXChange on btcalpha?:p
mike_c: well, it's more geared towards btc investments. not sure what I would put up.
mrstickball: Anyone know of any Bitcoin businesses in Ohio? My company may be purchasing a huge complex, and want to create a facility that can house crypto startups
mike_c: although i am sure you will get a mention/link when i cover s.mpif
kakobrekla: so you gonna do real time coverage of mpif mike_c ?
jurov: mrstickball: rentalstarter?
mike_c: kakobrekla: interesting idea.
mrstickball: RentalStarter, BuyAHash and Adeally are out of Ohio
assbot: [HAVELOCK] [PETA] 2 @ 0.0719029 = 0.1438 BTC [+]
mrstickball: mircea_popescu: only if you didn't have me on ignore
moiety: are there still forumites 3D printing things for btc?
jurov: moiety 3dtlac.com (not forumites, but gave me nifty btc keyfob)
moiety: oooo thanks very much jurov!
moiety: oh i like their rainbowness too
danielpbarron: I lost funds in that counterparty bug; nice to see that they are offering reembursements now.. gonna have to follow those steps i guess
danielpbarron: I told them about it at least a week ago; took them until now to officially admit it was a problem on their end?
mircea_popescu: how much did you lose, how did you find the problem etc ?
mircea_popescu: and they seem to be claiming it was a problem with bitcoinj which i find somewhat dubious
assbot: [MPEX] [S.MPOE] 6252 @ 0.00094837 = 5.9292 BTC [-]
danielpbarron: I found out after I had finished moving all my assets to their new web wallet, went to eat breakfast, come back to see my BTC has been moved
danielpbarron: I started the asset MEAT on the counterparty exchange, which until very recently was the only asset traded on there
assbot: Voicing joecool for 30 minutes.
danielpbarron: but I stopped using it ever since that bug happened, and also because everyone in here advised me to leave
mircea_popescu: "My impression is that the feel-good guys are incompetent and stupid and need others to be nice to them because if other people were fair and just to them, they would suffer tremendously, and therefore defend other incompetent and stupid people because they can identify with the sloppy bastards, but not with those who actually do their job well and have that as their primary motive and their reason both for asking ques
mircea_popescu: tions and providing answers to problems from others who also want to do their job well and who find their enjoyment in their capacity to do just that."
thestringpuller: Act from reason, and failure makes you rethink and study harder.
assbot: [MPEX] [S.MPOE] 17500 @ 0.00094541 = 16.5447 BTC [-] {3}
assbot: [HAVELOCK] [ALC] 800 @ 0.14 = 112 BTC
assbot: Voicing belcher for 30 minutes.
assbot: [HAVELOCK] [PETA] 4 @ 0.0713 = 0.2852 BTC [-]
ozbot: Loper OS » The Wisdom of Erik Naggum
mike_c: i think that's an ipod
ozbot: Japanese whaling to continue despite court ruling - CNN.com
assbot: [HAVELOCK] [PETA] 2 @ 0.07182 = 0.1436 BTC [+]
benkay: someone's visiting the chipotles at the tail of the upgrade cycle
benkay: any reasonably high-traffic chipotle publishes numbers for individual items, eg guac, sour cream, cheese, various salsas, the different meats...
benkay: plus also lets ignore that the base measure is +/- 20% iirc, cuz what's research anyways when you're chasing provocative headlines.
assbot: [HAVELOCK] [HIF] 1999 @ 0.0002289 = 0.4576 BTC [+] {3}
mrstickball: what's this about Chipotle publishing numbers for items?
mircea_popescu: benkay o hey, im a total noob when it comes to all these topics
mrstickball: what's that supposed to be of, asciilifeform ?
ozbot: Saudi's Again Changing Wheels/Tyres while driving - YouTube
assbot: [MPEX] [S.MPOE] 22800 @ 0.00095136 = 21.691 BTC [+] {4}
mrstickball: so he pinched a wire with his teeth and got electrocuted?
benkay: naphex why are both front and rear wheels stationary?
benkay: they'd still be spinning though, right? diff only has an effect when turning.
benkay: unless it's some crazy e-diff? and they've hacked it to say 'don't spin up wheel'?
Naphex: nah i it's the same on my audi/quattro
Naphex: if wheel doesn't do contact it doesn't spin
nubbins`: now imagine two of those straddling a shield with some leafwork on top/bottom
Naphex: probably the diff or systems like ASR/ESP, not really sure.
nubbins`: men would go to war under such a banner!
nubbins`: i think that might be from the ol' heart-shaped-sticker-in-the-tanning-booth trick, but i'm not sure
Naphex: ASR only operates in conjunction with the Electronic Accelerator (E gas) and uses components of the Anti-lock Brake System (ABS). If one wheel suddenly begins to rotate faster than the others (slip), ASR intervenes in the engine management system and reduces power until the wheel stops spinning.
ozbot: imgur: the simple image sharer
ozbot: imgur: the simple image sharer
assbot: [HAVELOCK] [HIF] 500 @ 0.00023001 = 0.115 BTC [-]
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03252 = 0.2276 BTC [+]
assbot: [MPEX] [S.MPOE] 8108 @ 0.00095174 = 7.7167 BTC [+] {2}
assbot: [HAVELOCK] [ALC] 850 @ 0.14 = 119 BTC
ozbot: Balconies are for the Birds - Imgur
jurov: asciilifeform: isn't подвиг heroic deed?
jurov: asciilifeform, also i think you assume there was more cultural exchange between ussr and its colonies than there actually was
jurov: iirc, it was actually discouraged because it would create conternation on both sides
fluffypony: mike_c: I figured out how to scrape through CloudFlare, if you need me to make the jd mpif number available for you or explain how to walk past cloudflare
Naphex: there's a lesson there
mike_c: yeah.. i've seen PITA ways with scraping the cloudflare response, grabbing the JS shit and posting some form or something.
mike_c: all of which breaks when cloudflare tweaks their page
mike_c: i didn't feel like participating in the arms race
fluffypony: it loads the page, lets the js/meta-redir/whatever they add execute for 10 seconds
fluffypony: you end up with: <html><head></head><body><pre style="word-wrap: break-word; white-space: pre-wrap;">50.24414705</pre></body></html>
fluffypony: but it'll work for all changes except a captcha, and you can run it every 10s
mike_c: ah. i thought about doing something like that with selenium. i haven't tried phantomjs.
jurov: mike_c: guess i'll need to feed you marketmaker bot's trades, yo?
mike_c: i don't know if i'll go that route though. i hate web scraping.
fluffypony: selenium is nice, phantomjs is headless
mike_c: jurov: yeah, that would cool. if you provide it I will ingest it
fluffypony: I hate having to have a UI on a server, lol
assbot: [HAVELOCK] [PETA] 4 @ 0.07000335 = 0.28 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 12916 @ 0.0009455 = 12.2121 BTC [-] {3}
mike_c: whitelist what, IP address? api keys would be nicer.
jurov: kako yes, TAT declined, so mp asked me
assbot: [MPEX] [S.MPOE] 20080 @ 0.00094464 = 18.9684 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 6500 @ 0.00094403 = 6.1362 BTC [-]
mike_c: IP whitelists are just PITA for everyone. api keys are so much easier..
fluffypony: yeah except CloudFlare doesn't support anything like that
assbot: [HAVELOCK] [PETA] 2 @ 0.07170659 = 0.1434 BTC [+] {2}
bounce: oh, while I know next to nothing of trading, I have a possible mm candidate: moriarty, the one of spamming come to ##econometrics (in)fame
benkay: hey hanbot is 'hanbot' an acceptable way to refer to you now that you're not stalking the forums as 'MPOE-PR'?
assbot: [HAVELOCK] [AM1] 1 @ 0.5000001 BTC [+]
assbot: [HAVELOCK] [AM100] 50 @ 0.00439988 = 0.22 BTC [-]
bounce: your due diligence is going to be a bit of a whale, yes
mike_c: fluffypony: surely you can have URL patterns that don't get cloudflared? if not, stats.just-dice.com would work.
assbot: [HAVELOCK] [AM100] 63 @ 0.0044 = 0.2772 BTC [+]
jurov: + CDN worth its name
fluffypony: mike_c: I don't know if you can exclude it in CF's PageRules, never bothered checking, but you can have a subdomain (CNAME / A record) and just turn CF protection off for it
fluffypony: which is what most do - www. and @ is protected, api. is not
fluffypony: (and api normally lives on separate hardware so the site stays up in the event of a DDoS on the API layer)
jurov: i suggest just using normal CDN
Naphex: or just set up your own proxy/load balancer/cleaner
Naphex: cloudflare just setup varnish
assbot: [HAVELOCK] [AM100] 440 @ 0.0044 = 1.936 BTC [+]
Naphex: i got like ~100GB/s DDoS protection from the datacenter, after they cut upstream
benkay: late for dinner it is, then.
assbot: [HAVELOCK] [AM1] 2 @ 0.5 = 1 BTC [-]
assbot: [HAVELOCK] [AM100] 227 @ 0.0044 = 0.9988 BTC [+] {2}
fluffypony: benkay: always late for everything except for every meal?
assbot: [HAVELOCK] [AM100] 70 @ 0.0044 = 0.308 BTC [+]
gribble: Bitstamp BTCUSD ticker | Best bid: 463.5, Best ask: 466.17, Bid-ask spread: 2.67000, Last trade: 466.17, 24 hour volume: 32390.83705859, 24 hour low: 438.05, 24 hour high: 505.0, 24 hour vwap: 465.483723915
assbot: Just-Dice stat: 16476 BTC profit, 36.1k BTC invested, 1100.33 mio bets, 5.20 mio BTC wagered
assbot: Current MPIF account balance on Just-Dice: 50.24467048 BTC
kakobrekla: i dun think i can do that there because of the fee structure
assbot: [HAVELOCK] [ALC] 10 @ 0.14 = 1.4 BTC
assbot: [HAVELOCK] [COG] 21 @ 0.00737639 = 0.1549 BTC [-] {2}
mircea_popescu: but i mean... at any point you must somehow know the maximum im allowed to withdraw
mircea_popescu: like i go... pls to pay me back 100 btc. you say well... you ain't got 100 btc. how do you know i don't ?
assbot: [HAVELOCK] [PETA] 10 @ 0.07117736 = 0.7118 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 47 @ 0.0044 = 0.2068 BTC [+] {3}
kakobrekla: like we discussed, the accounting is done at the end of the month
kakobrekla: - you can see the trades so you can estimate something from that
assbot: [HAVELOCK] [RENT] 100 @ 0.0075 = 0.75 BTC [+]
assbot: [HAVELOCK] [RENT] 40 @ 0.0075 = 0.3 BTC [+]
assbot: [HAVELOCK] [ALC] 900 @ 0.14 = 126 BTC
benkay: what's the endgame for counterparty look like?
benkay: it's not a classic GLBSE in the sense that someone's going to shut it down. theoretically anyone can walk the 'exchange' at any time and discover the assets available for trade.
benkay: i guess the real question is 'is there an endgame for distributed exchanges'?
jurov: to fall into obscurity?
benkay: if exponential decay counts as endgame.
jurov: provided that the codebase is solid, which us pretty strong assumption
benkay: but they can't even fall into obscurity - noobs are still going to show up and want some return.
benkay: i guess i'm assuming someone does a 'distributed' 'exchange' adequately at some point in the future.
jurov: on the other end of scale, planetary bubble?
jurov: fortunately no contemporary distributed systems can support 10e9 shareholders
jurov: actually, if p2p trading system that can truly do that gets invented, i think it's inevitable
assbot: [MPEX] [S.MPOE] 7400 @ 0.00095013 = 7.031 BTC [+] {2}
danielpbarron: if counterparty does take off, I have some choice asset names squatted
jurov: mircea_popescu: how? if it doesn't have a website that can be shut down and is decently resistant to double spends?
mircea_popescu: just one of the many problems with "distributed" shits
jurov: (the latter remains to be seen)
mircea_popescu: jurov exactly the way myspace went. servers no purpose, has no utility. its entire lifetime is its endgame
benkay: mircea_popescu: those problems won't stop people from using it to sell seekyoorities
mircea_popescu: nothing's stopping people from using myspace to organise major concerts,
mircea_popescu: nothing stopped yahoo from recruiting their ceo on linkedin
benkay: "major" "ceo" are orders of magnitude beyond the scope of btc scams.
kakobrekla: i deleted my linkedin a couple of days ago
mircea_popescu: benkay the purpose of a stock exchange is major and ceo.
benkay: mircea_popescu: the purpose of a scam exchange is no accountability and access to pennies from paupers
mircea_popescu: like the purpose of myspace/linkedin etc is advertising and "user data"
assbot: [HAVELOCK] [B.MINE] 30 @ 0.03281792 = 0.9845 BTC [+] {8}
fluffypony: I don't think the tech is fundamentally flawed, I think there's a lot of good stuff and good ideas underlying it all...I just think that anything like that is only really going to be useful in 20+ years when the current banking/regulation systems are significantly different from today
fluffypony: when accountability can be controlled programmatically instead of enforced by the po-po
benkay: i thought facebook/myspace were "VC Gems"
mike_c: <+fluffypony> when accountability can be controlled programmatically << that hurt my brain.
mircea_popescu: fluffypony the fundamental flaw is the naive expectation for tech to work by intself and in of itself.
mircea_popescu: this is the nonsense at work here, a sort of tech worship.
assbot: [HAVELOCK] [B.MINE] 29 @ 0.03409809 = 0.9888 BTC [+] {8}
fluffypony: benkay: so what you're saying is counterparty is the next "Red Hot Penny Stocks"?
mike_c: counterparty is the next nothing.
benkay: fluffypony: if i can't list a thing on mpex, i haven't made a good enough thing. there isn't another exchange out there that i'd sully my thing by listing on.
kanzure: does deleting your linkedin account actually work?
benkay: the taint coming from 2 sources:
mircea_popescu: kanzure yes. before you deleted it, you can delete it.
benkay: a) provenance of exchange.
mircea_popescu: after you deleted it, you can no longer delete it anymore.
assbot: [MPEX] [S.MPOE] 6400 @ 0.00094953 = 6.077 BTC [-]
kanzure: mircea_popescu: does it remove your address book etc? or does your data still contribute to their spam machine.
benkay: b) the 'security' 'peers' on the alternative exchange.
assbot: [HAVELOCK] [AM1] 2 @ 0.5 = 1 BTC [-]
mircea_popescu: benkay our bitlordity's black, cold heart is warmed by your sentiments.
assbot: [HAVELOCK] [AM100] 226 @ 0.0044 = 0.9944 BTC [+]
fluffypony: mike_c: I think interesting things are coming from "trustless" systems when trust becomes a product of data instead of a product of human decision making. For instance, imagine a designer works with a client who specs their project out. When the designer has completed it and delivered it, intelligent software is able to analyse his design and determine within a reasonable amount of probability that it matches the client's agreement both
fluffypony: functionally and from a design perspective. The *software* signs off on the transaction with no input needed from the client.
benkay: let me know the conversion rate of mp heart-degrees to btc, eh?
mircea_popescu: "when trust becomes a product of data instead of a product of human decision making." << srsly, this is nonsense fluffy
benkay: fluffypony: i've yet to figure out how to build a DAC i can't rob.
fluffypony: mircea_popescu: well it's already somewhat possible to have automated escrow with multisif
assbot: [HAVELOCK] [B.SELL] 4 @ 0.042 = 0.168 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.0742218 = 0.3711 BTC [-]
fluffypony: ok so a 2 of 3 multisig transaction to purchase an MP3 - funds are now out your wallet and requires two sigs to release to the supplier
mircea_popescu: so i buy some shit from you. i send it to an addy where you have a sig and i have a sig and we must both sign for you to get paid ?
fluffypony: an automated system is able to verify the validity of the download link and that the checksum on the download matches the expected checksum of that song
fluffypony: and so merchant + automated system = 2 sigs
assbot: [HAVELOCK] [AM1] 2 @ 0.5 = 1 BTC [-]
assbot: [HAVELOCK] [AM100] 226 @ 0.0044 = 0.9944 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.0712 = 0.2136 BTC [+]
benkay: gotta trust automated system to not get haxxed
fluffypony: I'm thumbsucking here, I'm not a distributed systems expert
fluffypony: but look at a decentralised data store like Tahoe-LAFS, for instance
benkay: distributed systems as a term of art in the industry (as i'd expect you to know, fluffypony) does not refer to these blockchain applications
mircea_popescu: yeah, this is exactly the problem we're discussing. you don't understand the subject, but you do have convictions as to what works and how, and what the future will bring.
fluffypony: mircea_popescu: absolutely, I have faith the Grand Designers will come up with Cool Shit (tm)
jurov: having ability to check specs automatically will result in unemployed designer, will be easier just to machine evolve something that fits the spec
mircea_popescu: jurov has it. the entire thing is a restatement of the perpetuum mobile,
benkay: lol machine evolved designs
benkay: not a terribly bad idea
mircea_popescu: a sort more palatable to the modern religious mind, which as you stated, works on the " Grand Designers will come up with Cool Shit" faith
benkay: "here are 20 seeds! pick five."
benkay: machine thinks for an hour
benkay: "here are 40 'ideas'! pick 10"
benkay: machine thinks for another hour
mircea_popescu: "go to buy shoes. come back three hours later with a half cup made out of tin foil and something that looks like a mouse with no buttons"
benkay: "here are your five options! send btc to 1MACHINETHINKER and pick one package for downloading!"
benkay: point is only to outcompete the fiverr crowd
benkay: not the handmade leather shoe crowd
mircea_popescu: i was thinking, this is kind-of how plenty of women do shopping today anywya
assbot: [MPEX] [S.MPOE] 2450 @ 0.00094953 = 2.3263 BTC [-]
mircea_popescu: give her $100 to buy fishnet stockings, watch her come back with a purse and batteries.
mircea_popescu: anyway, this constant tendency to abstract people out of life is a sickness by now.
mircea_popescu: law without people degenerates into the us sort of national-socialism.
mircea_popescu: sex without people is masturbation. finance without people is also known as crisis.
mircea_popescu: on it goes. you gotta have people in the loop or it ain't a thing.
mircea_popescu: we'd be better off allowing violence, from the schoolyard all the way to the workplace, than having this diffuse "everyone hates everyone" sort of poison floating about.
benkay: i'd be satisfied if we allowed sex in america
benkay: allowed it to be a part of life, you know?
benkay: i go out, i meet a chick as part of my gadding about the local scene. she's an acceptably well-practiced and hardworking programmer. i like her, we fuck. i can't hire her now basically.
benkay: bringing insane risk down onto the company.
benkay: hostile work environment
benkay: "i don't feel comfortable being topless at work."
benkay: don charnley has some hack for this
benkay: except then the Labor Department steps in.
benkay: "we see that you're making your employees uncomfortable. please pay us your entire profits for the past ten years."
benkay: asciilifeform: working on it.
benkay: mircea_popescu: working on it.
mircea_popescu: funny story : at one particular workplace we actually had topless day. buncha young people, the guys thought it was great.
mircea_popescu: the guys thought it puts too much power in the hands of womenz and it basiclaly sucks and is opressive.
benkay: shit we only have 5 years?
mircea_popescu: the settlement included guys having to always split the drinks tab among themselves.
benkay: how so too much power in the hands of the girls?
mircea_popescu: benkay well after the first coupla hours of awkward, the chicks loved it, cause apparently it's more comfortable.
mircea_popescu: the guys ended up spending all their time being awkward.
benkay: now that's punishment!
assbot: [HAVELOCK] [PETA] 19 @ 0.06998434 = 1.3297 BTC [-] {4}
assbot: [HAVELOCK] [PETA] 2 @ 0.06987327 = 0.1397 BTC [-]
assbot: [HAVELOCK] [CFIG] 4 @ 0.0735 = 0.294 BTC [-]
assbot: [MPEX] [S.MPOE] 10757 @ 0.00094538 = 10.1695 BTC [-] {2}
cazalla: that towel is clearly australian made
assbot: [HAVELOCK] [PETA] 2 @ 0.0709999 = 0.142 BTC [+]
assbot: [MPEX] [S.MPOE] 3400 @ 0.00094645 = 3.2179 BTC [+]
assbot: [MPEX] [S.MPOE] 7007 @ 0.00094645 = 6.6318 BTC [+]
danielpbarron: hm, I wish cookies were more persistant in chromium for iOS; keep having to re-enter my trilema credit pass
thestringpuller: if i lose it. im fucked. re enterin makes you back that shit up if anything.
danielpbarron: maybe i configured something wrong; don't have this problem on my laptop
danielpbarron: it's probably apple's fault; I never should have bought an iPhone
benkay: best laptop chassis on the market, though
ThickAsThieves: so i'm watching Paul Romero's youtube and listening to Heroes shit. The guy's damn good.
assbot: [MPEX] [S.MPOE] 5600 @ 0.0009472 = 5.3043 BTC [+] {2}
benkay: looked...really weirdly she-gendered? not looking again.
assbot: [HAVELOCK] [PETA] 11 @ 0.07049999 = 0.7755 BTC [-] {2}
moiety goes to wash eyes with bleach brb