assbot: [HAVELOCK] [B.SELL] 4 @ 0.03364997 = 0.1346 BTC [+] {3}
mircea_popescu: "if being rich doesn’t buy you freedom of speech, you’re rich in the wrong place and at the wrong time." << not bad.
JorgePasada: That's another way of saying the same thing, or maybe it's the next step down the chain
JorgePasada: either way the point remains that all the further down the chain you can quantify is the pattern
JorgePasada: and at worst, justification for some terrible shit
ozbot: A Billion Doesn’t Buy Respect | When Bitcoin Met Pete
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03377993 = 0.1689 BTC [+] {5}
JorgePasada: So, then I guess a follow up. Would you say intent has any relevance at all in economics?
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03398747 = 0.2719 BTC [+] {8}
mircea_popescu: "BP: discrimination is to say that something is apart from other things. The words and actions against him are isolating, hence discriminatory
mircea_popescu: GS: words against him are isolating? what about the words he said?"
mircea_popescu: circular fucking reasoning at its best. talking to your average schmuck on any topic reduces to doing marriage counselling with idiots, for free.
assbot: [HAVELOCK] [B.SELL] 7 @ 0.0346427 = 0.2425 BTC [+] {7}
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03521428 = 0.2465 BTC [+] {7}
BingoBoingo: Well, becoming married to their ideas is part of what makes them idiots
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03268749 = 0.2615 BTC [+] {8}
assbot: [HAVELOCK] [B.MINE] 9 @ 0.03349998 = 0.3015 BTC [+] {9}
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03431249 = 0.2745 BTC [+] {8}
JorgePasada: I'd agree with the statement intentions are worthless in general, and always when applied to the aggregate.
JorgePasada: However in specific, exploring possible intent behind actions and actors on an individual or agent level can be useful.
JorgePasada: The thing people forget is you're always analyzing intent through, at minimum, two very subjective biased filters. 1) Your perspective 2) Their Actions.
BingoBoingo: jordandotdev: You are talking about management nao.
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03569999 = 0.1428 BTC [+] {4}
mircea_popescu: JorgePasada useful, if you want ot marry them. not economically .
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03596249 = 0.2877 BTC [+] {8}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03674998 = 0.3675 BTC [+] {10}
assbot: [HAVELOCK] [B.SELL] 3 @ 0.038 = 0.114 BTC [+] {3}
JorgePasada: mircea_popescu: Isn't that kind of divorcing the act from the actor?
mircea_popescu: the notion that intent is economically relevant is in no way different from proposing it be medically relevant
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03466666 = 0.208 BTC [+] {6}
mircea_popescu: medicine, the actual kind, was born once people finally realised intent don't enter into it,
mircea_popescu: its niot like the patient "hath brought pox upon himself, for his sins" or anything.
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03522857 = 0.2466 BTC [+] {7}
mircea_popescu: that's the entire point there, to push economy from its current state of shamanism and alchemy to actual science.
assbot: [MPEX] [S.MPOE] 6450 @ 0.0009703 = 6.2584 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.49791072 BTC [+]
JorgePasada: Yep, and I agree with all of it, especially when applied to the market or any kind of aggregate group. I just think I might have some differing opinions when it comes to the individual level. Trying to think them out and find a better way to articulate what exactly it is I'm thinking.
ozbot: April 2014 BTC/RON Statement | Bingo Blog
ozbot: April 2014 BTC/ATC Statement | Bingo Blog
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0382 = 0.191 BTC [+] {5}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03535 = 0.1768 BTC [-] {5}
JorgePasada: We're in agreement almost completely. Figuring out the almost is interesting though, and productive. Being wrong is the only way to learn, and if I'm wrong I'd like to know sooner rather than later.
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03535 = 0.1768 BTC [-] {5}
JorgePasada: That's why I like this place though. You know how hard it is to find people to have conversations like this with?
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03878484 = 0.2715 BTC [+] {7}
JorgePasada: Then again, I'm probably a crazy person :-)
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03899993 = 0.234 BTC [+] {6}
assbot: Voicing Franktank_ for 30 minutes.
mike_c: BingoBoingo: ah, thanks. i will digest.
mircea_popescu: JorgePasada well there's no economics at the individual level
BingoBoingo: And when the time tuns out you probably won't be able to again until someone gives you voice again
JorgePasada: mircea_popescu: What about how an individual chooses to allocate their time?t
kakobrekla: all i got was a neat chan and a bunch of angry people.
JorgePasada: mircea_popescu: I see, I think I'm blurring the lines and blending two separate discussions together. I'll re-read that post later, think about it and get back to you when i've got a more concise version of what it is I'm trying to say.
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
mircea_popescu: idem, these f.mpif books ain't gonna cook themselves...
assbot: Voicing ComplaintsDept for 30 minutes.
csshih: omg mircea_popescu I sold you 25 btc in 2011
csshih: hahaha :D did you hold?
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.06474168 = 0.1942 BTC [-] {3}
csshih: why is it that everyone I've sold btc/hardware to has done all the right things and is now wealthy
assbot: [HAVELOCK] [B.MINE] 10 @ 0.033 = 0.33 BTC [-] {5}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03250567 = 0.3251 BTC [-] {6}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-] {5}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-] {2}
kakobrekla: do you believe that mircea is a chick or a prick wearing lady avatar or ??
Franktank_: Actually I have no idea, I do miss the input of MPOE-PR on the Securities subform.
assbot: [HAVELOCK] [AM1] 1 @ 0.48101 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [AM1] 3 @ 0.48100333 = 1.443 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 11250 @ 0.00097333 = 10.95 BTC [+]
assbot: Voicing sunshyne for 30 minutes.
ozbot: Cointerra Bankrupted --- People Asking for refunds..
kakobrekla: but but their logo, its so professional.
ozbot: F.MPIF, April 2014 Statement pe Trilema - Un blog de Mircea Popescu.
assbot: [MPEX] [S.MPOE] 20150 @ 0.00096995 = 19.5445 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03286 = 0.1643 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0320001 = 0.16 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
BingoBoingo: asciilifeform: Well, are you at present laying in a metal hopper with blades at you feet and/or head?
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
mpexbot: mircea_popescu: F.MPIF Bids: []
mpexbot: mircea_popescu: Asks: ['1000000 @ 0.000215']
assbot: [MPEX] [FN] [F.MPIF] 4000 @ 0.000215 = 0.86 BTC
assbot: [MPEX] [FN] [F.MPIF] 75000 @ 0.000215 = 16.125 BTC
BingoBoingo: asciilifeform: I doubt Cardano would get that kind of attention. Loper box might though.
assbot: Voicing akstunt600 for 30 minutes.
assbot: [MPEX] [FN] [F.MPIF] 11320 @ 0.000215 = 2.4338 BTC
assbot: [MPEX] [FN] [F.MPIF] 23255 @ 0.000215 = 4.9998 BTC
assbot: [HAVELOCK] [PETA] 3 @ 0.07355691 = 0.2207 BTC [+] {2}
assbot: [MPEX] [FN] [F.MPIF] 1337 @ 0.000215 = 0.2875 BTC
akstunt600: Hmm it used to work fine for me in windows way back when, but that was last year
assbot: [MPEX] [FN] [F.MPIF] 365000 @ 0.000215 = 78.475 BTC
BingoBoingo: It is neigh impossible to do good GPG key generation off of the commandline
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
BingoBoingo: mircea_popescu: All of the GUI tools I tried for Key generation suck by restricting options.
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
mircea_popescu: oh. thing read to me as impossible to use cli to do it.
BingoBoingo: I prolly should have paused to word more carefully, but really the CLI is the only way I've found to adequately keygen with the right options
akstunt600: Well luckily i have used and installed PGP server for an enterprise and used gpg numerous times
akstunt600: oh well its just nice to have gui to go off of
BingoBoingo: akstunt600: Well, the thing is it isn't a deep commandline exercise at all. It's just one where the GUI's hide the good options.
akstunt600: yeah like even to decrypt pub key encrypted messages it was awkward, like that main window should have been the spot to drag and drop msgs to encrypt/decrypt
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03547084 = 0.2838 BTC [-] {8}
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03547062 = 0.1419 BTC [-] {4}
BingoBoingo: There are better cross platform tools than GPA if you need GPG.
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03547002 = 0.2483 BTC [-] {7}
BingoBoingo: akstunt600: Geany, the Text Editor/IDE is great
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03547003 = 0.1419 BTC [+] {4}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03547797 = 0.1774 BTC [+] {5}
akstunt600: haave been using melt or diff depending on how mig the src trees are, any other recommendations
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03649999 = 0.2555 BTC [+] {7}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03939869 = 0.394 BTC [+] {10}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0315002 = 0.1575 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03924948 = 0.314 BTC [-] {8}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03325 = 0.1663 BTC [+] {2}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03937424 = 0.315 BTC [+] {8}
assbot: [MPEX] [FN] [F.MPIF] 15000 @ 0.000215 = 3.225 BTC
assbot: [HAVELOCK] [B.MINE] 11 @ 0.0339636 = 0.3736 BTC [-] {11}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-] {2}
BingoBoingo: kakobrekla: It sucks at encryption without some coaxing. It signs and decrypts fine though. Great for offline machines.
BingoBoingo: kakobrekla: Not that I can get to reproduce this stuff reliably. ATM I can't encrypt with Geany. I swear I used to be able to.
BingoBoingo: At least GPG encryption is perfectly safe to do online.
mike_c: hanbot's entire blog: Five posts, ZERO footnotes.
mike_c: i was trolling tat before for his footnotes > paragraphs post
BingoBoingo: mircea_popescu: By online I mean plugged into the internet. Not typed into a webapp.
BingoBoingo: I guess I can see concern even with that nao
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03154294 = 0.1262 BTC [+] {2}
BingoBoingo: I really can't wait for S.NSA to buy its own foundry in a decade.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03866663 = 0.116 BTC [+] {3}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: Voicing akstunt600 for 30 minutes.
assbot: [MPEX] [S.MPOE] 17200 @ 0.00097082 = 16.6981 BTC [+]
gribble: Bitstamp BTCUSD ticker | Best bid: 453.84, Best ask: 456.0, Bid-ask spread: 2.16000, Last trade: 453.85, 24 hour volume: 10630.36591056, 24 hour low: 433.08, 24 hour high: 456.0, 24 hour vwap: 445.231896052
mike_c: kakobrekla, mpex trade socket isn't reporting f.mpif. is that temporary or intended?
assbot: [MPEX] [S.MPOE] 10719 @ 0.00097333 = 10.4331 BTC [+]
assbot: [MPEX:F.MPIF] 1D: 0.000215 / 0.000215 / 0.000215 (494912 shares, 106.41 BTC), 7D: 0.000215 / 0.000215 / 0.000215 (494912 shares, 106.41 BTC), 30D: 0.000215 / 0.000215 / 0.000215 (494912 shares, 106.41 BTC)
assbot: [MPEX] [S.MPOE] 4281 @ 0.00097388 = 4.1692 BTC [+]
mike_c: i guess the market has decided on a price!
ThickAsThieves: i like the style of mpif, not too big for its britches
assbot: [HAVELOCK] [ALC] 5 @ 0.14 = 0.7 BTC
BingoBoingo: I wonder if I should post past ATC trading statements stripped of commentary.
mircea_popescu: well how big you gonna make it you know ? 200btc is a respectable sum anyway.
ThickAsThieves: til the report i was wondering if you were gonna through more btc at the managers to play with
mike_c: some profit centers could handle more than others (panacea, JD)
BingoBoingo: Yeah, if anything the limiting factor is that only 5 pcs made sense
BingoBoingo: asciilifeform: It is bundled with a poor attempt at one named GPA
kakobrekla: so now that everyone bought into mpif, i bring to you, by popular demand (mostly mike_c really) a losing month for panacea: -1.78%
BingoBoingo: So... I bring historical ATC trading results sans commentary
ozbot: So… History, the First ATC/BTC statement (Remember Historical) | Bingo Blog
assbot: [HAVELOCK] [B.EXCH] 25 @ 0.06474168 = 1.6185 BTC [-]
BingoBoingo: With this and the ending balances of the Mid April statement, the ATC/BTC thing should be quantable, but hopefully not too quantable.
assbot: [HAVELOCK] [CBTC] 1609 @ 0.00012729 = 0.2048 BTC [+] {2}
BingoBoingo: asciilifeform: Well, I'm wary of letting people know where I think natural Bid and Ask borders for ATC lie and what price I consider the border between sellable and buyable.
BingoBoingo: These things may become more fluid, but...
ozbot: [SHA256] Altcoin | Page 22 | Bitcointa.lk
BingoBoingo: asciilifeform: They can see your pieces, even their locations, but... hiding intended next locations is a must normally
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0317072 = 0.1585 BTC [+] {3}
mircea_popescu: benkay please bear in mind that not everyone on the interwebs is a d00d.
benkay: HEY LISTEN IF I WANT TO USE A TRADITIONALLY GENDERED NOUN FOR A GROUP OF PEOPLE IMMA GON DO THAT MKAY
BingoBoingo: benkay: In that case can't you offer "Sup' Bitches"
benkay: ah, excusemebitch did you just say i can't offer things?
benkay: because lissenherebitch i'm pretty sure i can offer a good dickin
benkay: ThickAsThieves: my first big boy gf was a virgin too and blamed me for turning her into a nymphomaniac
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0315 = 0.1575 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
benkay: bitch is now whelping for someone else
mircea_popescu: "totally agree. What dev will do for a sample, if chain will have some bug and he still not got profit to pay real developer for fix?"
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03116666 = 0.187 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
BingoBoingo: "Finally, you'll need a source of high heat like an electric hot plate or a propane torch."
benkay: ThickAsThieves: he's mine.
benkay: his heart may be blackened with sin, but he's mine ;)
benkay: fluffypony: entrefartner
benkay: fluffypony: my fartner in this entreprederpship exercise
mike_c: panacea is back in the game! JD's worst month was -24%.
BingoBoingo: mike_c: Did you see that I posted the ATC trading's first statement stripped of comments?
assbot: Voicing Diablo-D3 for 30 minutes.
benkay: hey Diablo-D3 tell me something about grains
mike_c: BingoBoingo: i see it now, yeah
benkay: Diablo-D3: or maybe brussels sprouts. are brussels sprouts bad for me?
Diablo-D3: benkay: grains are a scam perpetrated by the space aliens that run the FDA
BingoBoingo: benkay: Wheat is the best thing in history, next to corn
benkay: BingoBoingo: corn likker
BingoBoingo: Corn has the high protein content necessary for whiskey distillery
benkay: BingoBoingo: do please explain how protein is essential in distillation process
benkay: kakobrekla: the infernal space between !b and how many
BingoBoingo: benkay: It gets you all of the nice fusile alcohols, for a better hangover
mike_c: mircea_popescu: the bloomberg terminal? and it's tracking kraken?? nice.
BingoBoingo: benkay: You know things that are organic an -OH without being ETOH
benkay: BingoBoingo: more lectures on topic of organic chemistry plz
mircea_popescu: i mean... let's be massively clueless, after resisting for years
benkay: mike_c: it's trakking kraken and coinbase
kakobrekla: ah that thing benkay , well you know, you can still use the long version !bash $n ;)
benkay: i loled hard hard hard
BingoBoingo: benkay: So today's lesson. Codeine's active ingredient is actually morphine if you have a liver.
benkay: no wait i'm still dumb about the fusile alcohols
BingoBoingo: benkay: So you know how there are alcohols that aren't proper ETOH?
benkay: no i did not because mechanical engineering in the us apparently doesn't care about ochem
mike_c: holy shit BingoBoingo, you tore it up in Feb.
assbot: [HAVELOCK] [CBTC] 1020 @ 0.00012382 = 0.1263 BTC [-]
mike_c: no wonder you got hired as manager
benkay: asciilifeform: i would too, were the school of hard knocks so much more to my taste.
assbot: [HAVELOCK] [PETA] 2 @ 0.07189019 = 0.1438 BTC [-]
BingoBoingo: I've only had one Ochem course... In Highschool.
benkay: <JorgePasada> mircea_popescu: because what they're really saying is "I just want to be able to sell this thing for value without actually having a market to determine what that value is" << DO YOU HEAR THIS the20year ?
BingoBoingo: Got highered as a Pharmacy school TA because I knew how to proctor tests.
assbot: Voicing the20year for 30 minutes.
assbot: [HAVELOCK] [B.MINE] 11 @ 0.03181816 = 0.35 BTC [+] {3}
BingoBoingo: asciilifeform: Honestly programming confounds me more than arranging carbon
mircea_popescu: mike_c bingo did great but nao kako stole all his cookies
benkay: good luck learning anything but how to memorize the pretty pictures.
BingoBoingo: asciilifeform: I never took American uni Ochem. Now... without any uni Ochem I sat on most of the PharmD curriculum. Secret is... TA while doing gradschool in an unrelated field
bitcoinpete: never did get the grignard reaction to fly
benkay: ;;later tell JorgePasada <JorgePasada> That's why I like this place though. You know how hard it is to find people to have conversations like this with? << why the fuck do you think i dragged your ass in here?
BingoBoingo: Still never learned how to make alcohol out of coal and water, though it includes the proper ingredients.
benkay: wrong direction on the entropy ladder
bitcoinpete: BingoBoingo: you just learned to trade like a dog
benkay: BingoBoingo: YOU TRADE LIKE A DOG
assbot: [MPEX] [S.MPOE] 11500 @ 0.00097388 = 11.1996 BTC [+]
BingoBoingo: Yes, Like a Magestic Corgi that jumps mountains and has a bunch of Colocos as friends.
BingoBoingo: bitcoinpete: Still, just might require a definition.
benkay: <mike_c> hanbot's entire blog: Five posts, ZERO footnotes. << mike_c: hanbot also actually, you know, writes.
mike_c: benkay: yeah, other people (bitcoinpete) should take note.
bitcoinpete: mike_c: used to write sans footnote, kinda prefer this way
mike_c: easier to write perhaps, but not to read :)
BingoBoingo: bitcoinpete: Maybe there are two cups and the average of the two is "half full" yet the cups can grow to greater volumes.
benkay: oh wait hang on are you all not bitches?
kakobrekla: mp sets the fashion, if i had a blog it would only be footnote but no note.
bitcoinpete: mike_c: think of it as a worthwhile skill to be acquired
benkay: mike_c's talking shit and posting 1/(2 mos)
mike_c: what? i pump out at least one a month
benkay: and don't talk to me about quality nigga i don't buy that shit for half a second
mike_c: i could write faster but I'd have to use footnotes
BingoBoingo: mike_c: You must use footnotes the worng way then
mike_c: plus my posts have pretty graphs and shit
benkay: aight fags dinner party commenceth
mircea_popescu: <mike_c> i could write faster but I'd have to use footnotes <<< ahahah
benkay: prep for which is all done without my lifting a damn finger
benkay: so adieu sweet bitlords
mircea_popescu: stop discriminating. not all pleasures in life are female.
mircea_popescu: asciilifeform there must be a dirty joke re emulation and strokes in there somewhere
mircea_popescu: anyway, i'm off to mourn kako's rape and pillage of mpif. nn!
benkay: ;;later tell princessnell basic btc bitches i loled
assbot: [MPEX] [S.MPOE] 4450 @ 0.00097501 = 4.3388 BTC [+] {2}
BingoBoingo: Confession: I actually have more footnotes ready to push out than blog posts to tie them to.
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
BingoBoingo: Also might have a fairly big ish not MPIF related announcement tomorrow.
BingoBoingo: Related to pending criminal (not bitcoin related charges)
mike_c: ah. hope its good news..
BingoBoingo: ThickAsThieves: Nope, just have a court date pending or actualized, results released tomorrow.
BingoBoingo: mike_c: Evidence points towards good news.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.0349999 = 0.105 BTC [-]
BingoBoingo: mike_c: So, honestly can you tell any pricepoints in particular I had orders standing at any size?
mike_c: BingoBoingo: i intend to analyze in the morning. i'm about to pass out. i will let you know if i pull out anything revealing.
assbot: [HAVELOCK] [B.EXCH] 78 @ 0.06474168 = 5.0499 BTC [-] {2}
BingoBoingo: ThickAsThieves: Well the logs will reveal some named times.
BingoBoingo: Like the explicit past buy wall at 100 satoshis per
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03111 = 0.1556 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03400006 = 0.17 BTC [+] {2}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-] {2}
BingoBoingo: ThickAsThieves: Well where might you have spotted me that isn't publicaly present?
assbot: [HAVELOCK] [AM100] 70 @ 0.00453662 = 0.3176 BTC [-] {2}
BingoBoingo: ThickAsThieves: Well, that is in the statement
assbot: [HAVELOCK] [ALC] 5 @ 0.14 = 0.7 BTC
assbot: [MPEX] [S.MPOE] 10092 @ 0.00097232 = 9.8127 BTC [-]
assbot: [HAVELOCK] [AM100] 199 @ 0.00454652 = 0.9048 BTC [+] {5}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
assbot: [HAVELOCK] [B.MINE] 16 @ 0.0311 = 0.4976 BTC [-] {3}
assbot: [HAVELOCK] [B.SELL] 16 @ 0.03396341 = 0.5434 BTC [-] {3}
assbot: [HAVELOCK] [B.EXCH] 16 @ 0.06474168 = 1.0359 BTC [-] {3}
ThickAsThieves: hmm i'm wondering if even answering is taking the conversation somewhere it shouldnt go
ThickAsThieves: rephrased, i see why you are opting for no commentary in your report
ThickAsThieves: and think maybe you should carry that to not discussing as much in here
ThickAsThieves: while this is a public place, it isn't necessarily fairly distributed to shareholders
ozbot: Bit4x.com? | Bitcointa.lk
assbot: [HAVELOCK] [AM100] 200 @ 0.00454466 = 0.9089 BTC [-]
assbot: [MPEX] [S.MPOE] 10692 @ 0.00097554 = 10.4305 BTC [+] {2}
BingoBoingo: ThickAsThieves: As far as public forums go, the interpretation is that this is as public as it gets. You can ask clarification about statements and how that interacts with other public sources of information. Like past orderbooks.
BingoBoingo: Some questions like what price would I have to buy back ATC for it to be a loss for the month, though I could only anser with links to interesting novelty dildos to fuck yourself with.
BingoBoingo: kakobrekla: Beautiful. SOme of your best work.
ThickAsThieves: well if it were me, i wouldnt discuss trading behaviors in here
BingoBoingo: Well, past behavior is not future behavior.
ThickAsThieves: nor ask for info of others of there trades relating to yours
BingoBoingo: ThickAsThieves: Public is public, private is private. The two only meet when the later turns into the former through monthly statements or when someone solves for some activity like you did with the ask wall.
assbot: Voicing jMyles for 30 minutes.
assbot: Voicing navhul-lacsup for 30 minutes.
assbot: Voicing Luke-Jr for 30 minutes.
Duffer1: i just finished a remarkable hard sci-fi book
kakobrekla: ;;later tell mike_c socket should nao be fixed, fund was being filtered out cause kako does weird shit.
Duffer1: it's not usually my genre, but i was impressed, as good as kim stanley robinsons red mars
benkay: ksr's red mars was unbearably wordy
Duffer1: indeed, it's why i'm not usually a fan of hard sf
Duffer1: and diaspora does have a bit of the ksr run ons
Duffer1: if you can get through it though, the story of both books is worth it imo
assbot: [HAVELOCK] [RENT] 47 @ 0.00563217 = 0.2647 BTC [-] {5}
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
ozbot: Burying the URL - Allen Pike
assbot: [MPEX] [S.MPOE] 23800 @ 0.00097232 = 23.1412 BTC [-]
Duffer1: they're on my list to read
Duffer1: diaspora was the first of his work i've encountered and i instantly became a big fan
Duffer1: thanks for the recommendation btw, he's got a lot of award winning shorts, i'll prioritize those in my list
BingoBoingo: Lest based off of trading statements anyone thing I am a genii, I've lost 96%+ lifetime publishing text tomes.
assbot: [HAVELOCK] [SF1] 495 @ 0.00089499 = 0.443 BTC [-] {2}
assbot: [HAVELOCK] [SF1] 155 @ 0.0009 = 0.1395 BTC [+] {2}
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
assbot: [MPEX] [S.MPOE] 3308 @ 0.00097232 = 3.2164 BTC [-]
moiety: o i forgot you are just an hour ahead of me fluffypony // i'm good thanks, haven't slept yet though
kakobrekla: ah lol, some dudes on some lost forum discussing my previously linked reply
kakobrekla: >Yes, we have to find a broker, BTC-e don't send emails - not even send rude emails - which is worrying.
moiety: seriously, mircea has deleted oh out of my vocabulary
moiety: lolol kakobrekla responsive rep :]
moiety: asciilifeform: thanks :D // so is cyka = bitch?
BingoBoingo: kakobrekla: You always offer best customer service
moiety: and labels. regugal is now a new favourite word of mine
BingoBoingo: kakobrekla: SOme people merely don't know what being a customer means
BingoBoingo: Customer means try to eat the best findable shit, because you can't grow beef.
BingoBoingo: Sometimes you find a bull that can't get off, and actually have to eat shit, because you can't give a handjob worth jizz.
fluffypony: ;;later tell bitcoinpete that "Burying the URL" article was interesting, Safari on OS X has been stripping GET vars from view for ages (they become visible when you're editing the URL)
bitcoinpete: fluffypony: i could see people who aren't writers/thinkers being perfectly ok with the "cleanliness" of buried urls
moiety: i don't take arguments anymore, i just get rid of people that think they "have a case" where they do not
BingoBoingo: Oh, Bar Rescue has to be the best show for baptising people to Bitcoin.
fluffypony: bitcoinpete: though it's not a bad thing if it prevent simple phishing attacks by calling out the actual domain in use
moiety: speaking of bar...have you heard about those bin laden themed bars in brazil?
moiety: i just heard it today, o.O
bitcoinpete: moiety: i was there a year ago and missed them! packing bags now
fluffypony: Braziiiiiiil, la la la la la la la laaaaaa
bitcoinpete: i'd go back to rio in a heartbeat. it's europe for the new world
moiety: football hooligans trailing the world cup + osama bin laden lookalike that sells alcohol, what can possibly go wrong
BingoBoingo: So... World Cup predictions? World Series Predictions?
moiety: scotland will not be winning
assbot: [MPEX] [S.MPOE] 1100 @ 0.00097174 = 1.0689 BTC [-]
BingoBoingo: STFU: Cardinal for world series. African (somewhere there) for world cup.
fluffypony: BingoBoingo: the only African team that's been doing well-ish recently is the Ivory Coast team, I think they'll make it to the quarters before being knocked out
BingoBoingo: Budeslinga is a strong league, but a lot of rental players.
fluffypony: South Africa will make it nowhere because the Bafana Bafana cave under pressure
moiety: BingoBoingo: yeah scotland are just that bad, they never get anywhere
BingoBoingo: fluffypony: Well I have toi suppose a really dark team to balance my world series pick.
fluffypony: despite having burnt through new coaches every 2 years
BingoBoingo: fluffypony: My world series team hasn't brnt through coaches, and who knows... Maybe Matheney will quit
fluffypony: BingoBoingo: I hear he's homeless and sleeping on couches these days
BingoBoingo: fluffypony: He actually is. You must be a StL local.
moiety: i've been being trained to follow the reds
moiety: a couch is better than outside!
BingoBoingo: moiety: Boo. May Brandon Phillips just have a heart attack on the field.
fluffypony: BingoBoingo: just before I met my wife I dated a girl in St. Louis for 6 months, she was here on holiday and we fell for each other, so after 5 months of long distance I went over there for a month to see if there was something there
moiety: o but i heard he's really good
fluffypony: but I learnt a LOT about StL culture and basebal
BingoBoingo: moiety: Brandon phillips wasn't even last year's best second baseman.
moiety: bring back rounders i say
BingoBoingo: fluffypony: Cause they could smell you are a spy.
BingoBoingo: fluffypony: That's why you got no Crown Candy.
moiety: yous just took rounders, threw a bunch of hats and padding on the players and called it baseball
moiety: nanight bitcoinpete sleep well!
assbot: [MPEX] [FN] [F.MPIF] 1000 @ 0.000215 = 0.215 BTC
fluffypony: they dragged me to places like Outback Steakhouse and Cracker Barrel
fluffypony: and Cheesecake Factory (which surprisingly, to me at least, looked nothing like the one in Big Bang Theory)
moiety: why not BB? rugby does just fine without the helmets and cushions that your football has :P
BingoBoingo: fluffypony: Those are chain places. Crown Candy is how the Polaks keeps the Nigs sated.
BingoBoingo: moiety: Because Handegg isn't a sport. It is a way to keep classes of people damaged.
fluffypony: BingoBoingo: yeah, good food definitely wasn't on their priority list of "cool places to show Riccardo"
BingoBoingo: I'll admit Imos is barely better than native Chicago pizza.
BingoBoingo: Then again fluffypony maybe your guides sucked
moiety: meh poor dead rounders
assbot: [MPEX] [S.MPOE] 10612 @ 0.00097028 = 10.2966 BTC [-] {2}
BingoBoingo: fluffypony: I mean did they show you the sad zoo lions?
BingoBoingo: fluffypony: Oh, the StL zoo big cats are the saddest things.
moiety: all zoo creatures are sad
moiety: what happened with the ukraine zoo that ran out of food and meds btw
fluffypony: well I suppose they didn't think to take me there since, you know, coming from Africa and all that
BingoBoingo: fluffypony: Maybe they knew things were wrong. Probably also why they didn't take you to North City,
moiety: only their feet. they are dying inside
BingoBoingo: Nah, penguins love malnourished lion as food
BingoBoingo: So ThickAsThieves how did you feel when you found out parts were less than 6% of Google glass costs?
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
assbot: [MPEX] [S.MPOE] 4092 @ 0.00097174 = 3.9764 BTC [+]
assbot: [MPEX] [S.MPOE] 10098 @ 0.00097473 = 9.8428 BTC [+]
assbot: [HAVELOCK] [RENT] 32 @ 0.00563069 = 0.1802 BTC [-] {2}
moiety: i was just reading that about glass
assbot: [HAVELOCK] [ALC] 10 @ 0.14 = 1.4 BTC
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03248515 = 0.1624 BTC [+]
assbot: [MPEX] [S.MPOE] 4400 @ 0.00096969 = 4.2666 BTC [-]
assbot: [MPEX] [S.MPOE] 9000 @ 0.00096969 = 8.7272 BTC [-]
assbot: [MPEX] [S.MPOE] 17300 @ 0.00097108 = 16.7997 BTC [+] {2}
assbot: [HAVELOCK] [RENT] 212 @ 0.00563069 = 1.1937 BTC [-] {2}
punkman: I'm still auth'd, amazing ISP!
punkman: had to climb the long way into my house, good thing I had left a window open
punkman: fluffypony, because someone smart left the keys on the door (on the inside)
punkman: I had to shoo pigeons, and a cat
punkman: cat decided to follow me though
ozbot: Google AdSense Leak - Part 2 - Pastebin.com
ozbot: Google AdSense Leak - Pastebin.com
assbot: [HAVELOCK] [B.SELL] 22 @ 0.03246832 = 0.7143 BTC [-] {6}
assbot: [HAVELOCK] [AM1] 2 @ 0.49952498 = 0.999 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.49971249 = 0.9994 BTC [+] {2}
fluffypony: do you think it's legit or some crazy dude scaremongering?
punkman: second part sounds like a redditard, but who knows
punkman: I know a lot of people that have been banned from adsense/adwords for no reason
fluffypony: yeah I had one of my accounts banned a few years ago
fluffypony: conveniently it was when I decided that the whole "Internet marketing" thing was bullshit and it'd be better to sell products and ebooks and "systems" to the IM guys than do it myself
punkman: I stopped using them before they went wild with it, around 2009 maybe
assbot: [MPEX] [S.MPOE] 18750 @ 0.00096969 = 18.1817 BTC [-]
fluffypony: punkman: I've been trying to get that working for 2 days
fluffypony: which has a bunch of weird requirements
punkman: did you figure out if you can get HTML out of that? seems full of javascript
fluffypony: I'll let you know once I get it working :-P
punkman: Scribd only let me get plaintext btw
fluffypony: configure: error: libuuid development files required
punkman: but it accepts all kinds of formats, not just pdf, so I guess it will come in handy sometime
fluffypony: I may just go straight to deving on the server
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
punkman: Google probably does the best conversion
punkman: wonder if I can get it on demand through Google Docs
assbot: [MPEX] [S.MPOE] 4788 @ 0.00096969 = 4.6429 BTC [-]
assbot: [MPEX] [S.MPOE] 22912 @ 0.00096817 = 22.1827 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 7552 @ 0.00097136 = 7.3357 BTC [+]
assbot: [HAVELOCK] [RENT] 28 @ 0.00562775 = 0.1576 BTC [-] {3}
fluffypony: pankkake: you can't buy it on mpex either yet
assbot: [HAVELOCK] [B.SELL] 18 @ 0.03150111 = 0.567 BTC [-] {2}
ozbot: Jeffrey Katzenberg Predicts 3-Week Theatrical Window in Future | Variety
fluffypony: "I think the model will change and you won’t pay for the window of availability. A movie will come out and you will have 17 days, that’s exactly three weekends, which is 95% of the revenue for 98% of movies. On the 18th day, these movies will be available everywhere ubiquitously and you will pay for the size. A movie screen will be $15. A 75” TV will be $4.00. A smartphone will be $1.99."
fluffypony: novel to me - I hadn't thought about content delivery in terms of screen size before
ozbot: Twitter / Mircea_Popescu: That's choosing what to fuck. ...
fluffypony: meh, I've never bought into the "do what you love" bullshit
ozbot: Urban Dictionary: smh
fluffypony: my very first failed company was an events production house I started with a good friend when I was like 20
fluffypony: the two lessons I learnt from that were:
fluffypony: 1. if you go into business with someone who is a good friend there's a high probability of fucking up the friendship, regardless of the outcome of the business venture
fluffypony: 2. just because you like doing something doesn't mean you can get paid for it or even find clients
mircea_popescu: the bestest country in the world, can't get a fucking cab at the airport ?
mircea_popescu: srsly africa, the black people called. they want it back, it's theirs!
mircea_popescu: "In less than three months the Department of the Treasury will start trimming payments on portions of the $17.3 trillion-plus national debt, with unpredictable – and unstudied – consequences. Acting in violation of legal commitments to purchasers, the Department will chop 30% from interest payments due some foreign holders of hundreds of billions, perhaps trillions, of dollars’ worth of Treasury securities. Pos
mircea_popescu: sible results of this consciously inflicted partial federal default could include mass dumping of bonds by jittery holders, a rise in the rate the government pays for debt service, and undermining the dollar’s status as the world’s reserve currency."
fluffypony: from now on I'm going to provide measurements "to the nearest poppyseed, may be off by a few twips"
mircea_popescu: im curious how many in the "press" will be calling this a default, and how many will be derping about how it's really just antiracism and ecology.
assbot: [HAVELOCK] [PETA] 13 @ 0.07230561 = 0.94 BTC [-] {5}
mircea_popescu: because well... anyone who fails to call it a default also fails to have a future, in his chosen profession.
gribble: Nick 'numerisTrade', with hostmask 'numerisTrade!~numeris@unaffiliated/numeris', is identified as user 'numerisTrade', with GPG key id 3B5A64169734D48F, key fingerprint 8D77A1296B71AD54AD09F2FD3B5A64169734D48F, and bitcoin address None
assbot: [HAVELOCK] [PETA] 4 @ 0.07123325 = 0.2849 BTC [-] {4}
numerisTrade: currently, I'm wywialm, but this nick is also managed by him
mircea_popescu: well tell him that this nick can speak here on the strength of it being used by you, so he shouldn't muck it up.
mircea_popescu: and actually, you really should get him a diff nick, or yourself.
assbot: Voicing toddf for 30 minutes.
fluffypony: numerisTrade: why not just do it the way GlooBoy does?
fluffypony: he has an iTradeBTC account that, in theory, anyone could manage
fluffypony: but his WoT ratings are his own under his nick
mircea_popescu: "Obama joins a high-powered group of celebs to emphasize the vital role men play in preventing sexual assault " < i had no idea presidents are celebrities nao.
fluffypony: he could always nominate someone else to sell for him (and note that in the WoT)
numerisTrade: fluffypony, how to arraange it when two people are engaged? separate WoT ratings? But its the business that should be rated...
assbot: [MPEX] [S.MPOE] 7767 @ 0.00097405 = 7.5654 BTC [+]
mircea_popescu: "Robin Klein My week on twitter: 255 New Followers, 5 Mentions, 5.02K Mention Reach, 2 Replies, 15 Retweets.
mircea_popescu: Mircea Popescu @robinklein That's the definition of pathetic you know."
fluffypony: numerisTrade: separate WoT ratings, after a few ratings will it matter? alternatively, leave the numerisTrade nick for trading, and have another IRC session in your personal capacity :)
assbot: [MPEX] [S.MPOE] 32283 @ 0.00097588 = 31.5043 BTC [+] {2}
assbot: Voicing quantyfikator for 30 minutes.
assbot: [HAVELOCK] [PETA] 5 @ 0.07122011 = 0.3561 BTC [-]
mircea_popescu: this is why you do not negotiate, and you do not stop until the enemy is destroyed. not just dead, destroyed.
assbot: [HAVELOCK] [PETA] 63 @ 0.07120634 = 4.486 BTC [-] {4}
numerisTrade: mircea_popescu, the business is just starting, according to your MPOE-PR tutorial. Currently we're experimenting with repo trading / secured loans
assbot: [MPEX] [S.MPOE] 13200 @ 0.00097598 = 12.8829 BTC [+] {2}
fluffypony: mircea_popescu: pankkake (and I) were wondering when mpif shares are going to be available?
assbot: [MPEX:F.MPIF] 1D: 0.000215 / 0.000215 / 0.000215 (495912 shares, 106.62 BTC), 7D: 0.000215 / 0.000215 / 0.000215 (495912 shares, 106.62 BTC), 30D: 0.000215 / 0.000215 / 0.000215 (495912 shares, 106.62 BTC)
mircea_popescu: on coinbr when jurov gets around to it, which should be any time nao
pankkake: I'm surprised a date wouldn't announced in advance either
fluffypony: pankkake: someone should tell Jimmothy so he can warn everyone
pankkake: I want to buy some before there's nothing left, for one?
mircea_popescu: how would that work ? this is a managed asset, it's not supposed to trade much off its nav
mircea_popescu: i can issue an infinity of shares, and will if price diverges upwards.
☟︎ mircea_popescu: i can destroy all the shares, and will if price diverges under.
numerisTrade: fluffypony, the separate IRC session is understandable, but wouldn't it be more difficult to assign trust to numerisTrade, it being some sort of different entity?
fluffypony: numerisTrade: there's a solution somewhere in this, I'm just too buggered to figure it out atm :)
mircea_popescu: so far it was selling excitedly at ~1% over nav, then panacea announced losses and it chilled.
fluffypony: mircea_popescu: depends on whether or not you're the recipient
pankkake: I know, I added a hilight on mpif
numerisTrade: or in general, how a "bitcoin corporation" should be managed?
pankkake: though I wasn't there after, it wouldn't have mattered, since coinbr seems to be manual in every way
mircea_popescu: pankkake well you could have made an arrangement with anyone with an acct in the interim i guess, but srsly : you won't conceivably be locked out of shares, so. nothing to worry about on that score.
assbot: [HAVELOCK] [AM1] 31 @ 0.48045998 = 14.8943 BTC [-] {9}
mircea_popescu: fluffypony of all the people i know that lost their cockthread thing whatever you call it, all lost it to a puckered butthole.
fluffypony: numerisTrade: ok here's an idea - you have a mutual note in the WoT from personalnick1 to numerisTrade saying that personalnick1 is a representative of the company. same goes for personalnick2. because the WoT is meant to be interpreted and not viewed as a cumulative score or whatever, anyone trading with you can be told to check the numerisTrade WoT. once the trade is complete you can ask them to rate numerisTrade for the business and rate
numerisTrade: thanks, fluffypony, great idea! should the numerisTrade WoT account be able to rate personalnick_i as well?
gribble: You rated user magicaltux on Thu Feb 27 08:13:53 2014, with a rating of -1, and supplied these additional notes: ate all the coins.
fluffypony: numerisTrade: yes exactly - the mutual WoT note is how they can confirm it
fluffypony: personalnick1 rates numerisTrade "I am one of the operators of numerisTrade", numerisTrade rates personalnick1 "This is one of the operators of this service"
fluffypony: if at any time you sell the company / leave / die / whatever that rating could be updated to reflect that
fluffypony: "Was one of the operators, got hit by a bus"
mircea_popescu: fluffypony odin gets half the dead. freya the other half.
pankkake: weird not even a folkvangr in my music library
pankkake: at least it's not the new style blogspot that requires javascript
numerisTrade: I know, I know. It's just that we didn't want to focus on the website at first
mircea_popescu: pankkake i know right ? an even split turns through the meta ear of humanity into an 99.99999% - 0% split. goes to show just how cultivated your average human alive is.
mircea_popescu: for instance : i would prefer to go live with the goddess of fuck than with some boastful hipster that ~is destined to fail and die~.
numerisTrade: the purpose of it is to be withdrawable from bitstamp et alia
pankkake: I wasn't aware BitstampEUR existed
mircea_popescu: ok i have to say that is the most obnoxiously stupid thing i heard all year. wtf.
mircea_popescu: numerisTrade so if the guy gives you the ripple iou and walks what do you do ?
numerisTrade: it's the bitstamp IOU. I redeem it at bitstamp and exchange to BTC
pankkake: mircea_popescu: the IOU is towards the exchange, so I don't really see the issue
assbot: [MPEX] [S.MPOE] 21900 @ 0.00097406 = 21.3319 BTC [-] {2}
mircea_popescu: what if bitstamp locks your account for engaging in money laundering ?
pankkake: well, you can sell/transfer on ripple… actually, ripple is doing the money laundering for bitstamp
mircea_popescu: well, did you check this product you're offering with them ?
assbot: [HAVELOCK] [CBTC] 5572 @ 0.00012908 = 0.7192 BTC [+] {4}
numerisTrade: I can convert to TheRock, but if this is locked as well...
pankkake: which is actually why I'm wondering why Ripple is still a thing with those big exchanges
mircea_popescu: pankkake because nobody gave a shit yet because they have bigger fires to put out because nobody uses ripple.
pankkake: that's my guess, but still, weird
pankkake: as with ripple, you can clearly transfer fiat IOUs between accounts, no funny internet money in between
numerisTrade: mircea_popescu, you're right. But there aren't many other possibilities to take collateral
mircea_popescu: numerisTrade but did you check your plan with bitstamp
numerisTrade: If you're asking whether we tried it out, the answer is yes.
mircea_popescu: no, whether you went to whoever runs bitstamp and said, "hey, this is what we plan to do, do you see any problems and can we rely on you for it."
numerisTrade: no, not yet. It is a good idea though, thanks.
mircea_popescu: well, this points to a structural problem in your business planning process.
mircea_popescu: you gotta be able to identify all your stakeholders, and you gotta have at least talked to them.
mircea_popescu: but if you fail to even identify them, that's a strategic failure. failure to talk to them compounds operational failure on top of strategic failure and is how "surprises" happen
mircea_popescu: the sort that are surprising to everyone except you know, businessmen.
mircea_popescu: moving on : how do you expect to compete with stuff like x.eur (which also gets no volume worth the mention, come to think of it)
numerisTrade: x.eur is a slightly different product, it's a future, not a repurchase agreement, and so it serves a little bit different purposes (e.g. cannot be used as a secured loan). besides. it's not otc
mircea_popescu: well technically yours is not otc either, it's on ripple.
numerisTrade: so we didn't think of it as a competition actually
numerisTrade: otc as in not standarised and on central order book
mircea_popescu: well that is also a point of strategic failure. because competition it is, definitely : one wanting to short btc can either buy euros for delivery on bc at his option, or enter in your cfd.
mircea_popescu: and the unrepresented risk you have here is that if there's two slightly different products addressing roughly the same market,
pankkake: I should write a "price translator" for X.EUR. perhaps combine it with my existing B-C bot
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03129704 = 0.2504 BTC [-]
pankkake: though for my use I don't see much of an advantage vs. trading on B-C directly
mircea_popescu: that is, what if all the good business flocks to one and all the scammers to the other ?
mircea_popescu: which is exactly what strategic planning for businesses is : "foreseeing" these problems and addressing them.
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
numerisTrade: obviously, we're scammed, then :) by the way, thanks for pointing the stakeholder issue
numerisTrade: traintracks problem? could you explain, please?
mircea_popescu: it's an us idiom. old style (esp southern) towns had a "right side of the tracks", where respectable people lived
mircea_popescu: and a wrong side, where mostly the blacks were quartered.
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0311 = 0.1244 BTC [-]
mircea_popescu: preventing such a fate for bitcoin, for instance, has been 90% of all the work of 2012 and 2013
numerisTrade: returning for the while to the competition issue, currently, the main problem is the volume, not too tight competition, as I believe
mircea_popescu: pankkake the x.eur has the advantage that being supported by push txn and exchange sigs, you can enter into derivative gpg contracts of infinite complexity and actual otc quality on its basis.
mircea_popescu: numerisTrade but "currently" can not stand as an argument in a strategic matter.
pankkake: well, perhaps, but I can't and don't need those things yet :)
mircea_popescu: whether the bridge is built well or badly is not related to whether it currently rains
pankkake: nor do I get much lower trade fees on coinbr (0.5 vs. 0.59)
numerisTrade: but you are actually right that x.eur is a good base for otc derivatives
assbot: [MPEX] [S.MPOE] 19600 @ 0.00097071 = 19.0259 BTC [-] {3}
mircea_popescu: numerisTrade if you'll stand the statement, i'll say that this has been an illuminating exercise as to the value of higher education. while you're a trained economist and the average forum dweller is a highschool drop-out, you and them are both about equally inept in business. the one difference is that your higher training allows you to understand what i say, and their lack of education denies them same.
pankkake: I would have to agree on economists being inept at business. not that it's bad, they can be good economists, it's just another domain
mircea_popescu: pankkake it's more of a "go to college my son, not so you can do great things, but so you may understand why the men doing great things are laughing at you, and laugh with them."
numerisTrade: nevertheless, it's true that we're still learning
mircea_popescu: well this has been a productive morning. and outside... it's sunny, but rain drops are falling
ozbot: raindrops keep falling on my head - YouTube
pankkake: so today's big news is that zuckerberg drops the hoodie
assbot: [HAVELOCK] [AM100] 56 @ 0.00458548 = 0.2568 BTC [+]
fluffypony: lol, pankkake, someone commented on that - "INB4 Technology blogs think they're clever naming this FreeBleed."
pankkake: and the many OSes which copied that TCP stack
pankkake: I don't think OpenBSD has the same, and nor does Linux of course
atcbot: [X-BT] Bid: 195 Ask: 220 Last Price: 225 24h-Vol: 116k High: 225 Low: 195 VWAP: 217
mircea_popescu: ThickAsThieves: while this is a public place, it isn't necessarily fairly distributed to shareholders << that is an option the shareholders take on their own backs.
mircea_popescu: someone not reading the logs is making a conscious and deliberate move.
mircea_popescu: "I've been a few months there and no problem. If only they allowed btc/usd trading..." uh color me fucking confused. isn't that EXACTLY what bit4x does ?
assbot: Current MPIF account balance on Just-Dice: 50.43373066 BTC
assbot: [MPEX] [S.MPOE] 15450 @ 0.00096904 = 14.9717 BTC [-] {2}
mircea_popescu: "Perhaps URLs are just destined to be an implementation detail that the next generation of users won’t even know exists. Maybe I was crazy to think that URLs were a permanent part of our culture. Still, I’ll miss the damn things. Let’s pour one out for the URL."
mircea_popescu: i will burn apple and facebook in urine before i give up the url.
mircea_popescu: who the fuck cares about some shitty us corps already, jesus christ on a popsicle.
ozbot: Bitcoin Transaction 6ea5c6f1a97f382f87523d13ef9f2ef17b828607107efdbba42a80b8a6555356
pankkake: chrome devs even refuse to make it an option
mircea_popescu: bitcoinpete: fluffypony: i could see people who aren't writers/thinkers being perfectly ok with the "cleanliness" of buried urls << yeah, because to the idiot everything that he doesn't grok is dirty.
pankkake: no one should, but that's not the point :)
fluffypony: Google Ultron is a MUCH better browser than Chrome
fluffypony: plus NASA uses it so you know it's good
assbot: [HAVELOCK] [PETA] 73 @ 0.0700174 = 5.1113 BTC [-] {7}
assbot: [HAVELOCK] [PETA] 2 @ 0.07 = 0.14 BTC [-]
mircea_popescu: fluffypony: BingoBoingo: yeah, good food definitely wasn't on their priority list of "cool places to show Riccardo" << so what happened, her two boyfriends took you around town to party ?
fluffypony: mircea_popescu: much worse than that - her dad played tour guide
mircea_popescu: punkman: fluffypony, because someone smart left the keys on the door (on the inside) << were these... gpg keys ?
fluffypony: I'd have loved it if she had two boyfriends who took me out to party, at least I would've had a godo time
assbot: [HAVELOCK] [B.MINE] 33 @ 0.03102422 = 1.0238 BTC [-] {6}
mircea_popescu: fluffypony i once lost my watch. the only one time i lost my watch. i was completely wtf'd as to where i could have put the thing ?! or maybe... justmaybe... some handslight actually got it off me and now i'm never going to hear the end of "o lalala i stole mps watch lalala" *whack* ?
assbot: [HAVELOCK] [B.MINE] 68 @ 0.0293048 = 1.9927 BTC [-] {10}
mircea_popescu: so the father of this cute schoolgirl gives me back my watch.
mircea_popescu: he had found it, at their 2nd town appt, where the girl's grandmother lived in the summers, which was atm empty being winter.
mircea_popescu: he had found it, on this particular bedside niche hidden spot that's only accessible really if you're lying in bed
assbot: [HAVELOCK] [B.SELL] 22 @ 0.03349828 = 0.737 BTC [+] {7}
mircea_popescu: he had found it, because he was there with his wife... and they...well... they got a little frisky
mircea_popescu: awkward moment ensues, im trying to recall if the girl's 16 even...
assbot: [HAVELOCK] [B.SELL] 11 @ 0.03395502 = 0.3735 BTC [+] {11}
assbot: [HAVELOCK] [B.MINE] 6 @ 0.029 = 0.174 BTC [-] {6}
assbot: [HAVELOCK] [B.SELL] 12 @ 0.03441776 = 0.413 BTC [+] {12}
mircea_popescu: "Taaki is an Iranian-British free-market anarchist and developer of high-profile bitcoin projects like the decentralized online marketplace prototype DarkMarket"
mircea_popescu: ok that's fucking it. wired is under embargo from now on.
mircea_popescu: YOU PEOPLE ARE FUCKWITS GET YOUR FUCKING HEADS OUT OF YOUR FUCKING POOP CHUTES AND DO SOME RESEARCH.
mircea_popescu: fluffypony actually it ended there. what was he doing to say.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.035 = 0.105 BTC [+] {3}
fluffypony: cue movie voice over guy: DARK (dark dark dark) MARKET (market market market)
assbot: [HAVELOCK] [B.SELL] 12 @ 0.03574998 = 0.429 BTC [+] {12}
mircea_popescu: "learn the secret nigerian dairy farmers hate : how an Edinburgh mum built a functioning goat out of tooth paste and some wood shavings"
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03674998 = 0.294 BTC [+] {8}
ozbot: What We Do in the Shadows - Official Trailer - YouTube
mircea_popescu: anyway, it's refreshing to see that a) taaki is continuing his gofer career, because that's what the guy does, much a la gmaxwell : he tries to associate with important projects in the hopes that people with money are stupid enough to go by what fucktarded ragazines publish, and so maybe he can get some.
mircea_popescu: this plan isn't working, the guy lived in squalor in 2004 and lives in squalor today and will live in squalor in 2024 too
mircea_popescu: but b) that he's fucking moved on from bitcoin and now is reduced to trying to leech geeks a la cody wilson. that's a net positive.
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03716666 = 0.223 BTC [+] {6}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03794999 = 0.3795 BTC [+] {10}
ozbot: I knew I couldn't build a cat - Everything2.com
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03881249 = 0.3105 BTC [+] {8}
assbot: [HAVELOCK] [PETA] 3 @ 0.0738544 = 0.2216 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03908 = 0.1954 BTC [+] {5}
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03946665 = 0.2368 BTC [+] {6}
assbot: [MPEX] [FN] [F.MPIF] 10000 @ 0.000215 = 2.15 BTC
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03987498 = 0.1595 BTC [+] {4}
assbot: [MPEX] [FN] [F.MPIF] 5000 @ 0.000215 = 1.075 BTC
random_cat: and here i thought taake was a lame norwegian black metal band
mircea_popescu: "Google reaped both sides of the coin, got money from the advertisers, used the publishers, and didn’t
mircea_popescu: have to pay them a single penny. We were told to go and look into the publishers accounts, and if any
mircea_popescu: publisher had accumulated earnings exceeding $5000 and was near a payout or in the process of a
mircea_popescu: payout, we were to ban the account right away and reverse the earnings back. They kept saying it was
mircea_popescu: needed for the company, and that most of these publishers were ripping Google off anyways, and that
mircea_popescu: their gravy train needed to end. Many employees were not happy about this. A few resigned over it.
mircea_popescu: I did not. I stayed because I had a family to support, and secondly I wanted to see how far they would
assbot: [HAVELOCK] [B.SELL] 10 @ 0.04004899 = 0.4005 BTC [+] {7}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
assbot: [MPEX] [S.MPOE] 18350 @ 0.00096659 = 17.7369 BTC [-] {2}
mircea_popescu: The new policy; "shelter the possible problem makers, and fuck the rest" (those words were actually said by a Google AdSense exec) when he spoke about the new procedure and policy for "Account Quality Control".
assbot: [MPEX] [S.MPOE] 4400 @ 0.00096524 = 4.2471 BTC [-] {2}
mircea_popescu: punkman that's actually quite well matched to market signals. i wonder if anyone'll ever investigate these matters. seems sort-of like a probe in gazprom.
mircea_popescu: "It involved skewing data in Google Analytics. They decided it was a good idea to alter the statistical data shown for websites. It first began with just altering data reports for Analytics account holders that also had an AdSense account, but they ran into too many issues and decided it would be simpler just to skew the report data across the board to remain consistent and implement features globally."
assbot: [HAVELOCK] [B.MINE] 5 @ 0.02850064 = 0.1425 BTC [-] {3}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 10 @ 0.0295619 = 0.2956 BTC [+] {10}
assbot: [HAVELOCK] [B.MINE] 9 @ 0.02983268 = 0.2685 BTC [+] {9}
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03099998 = 0.248 BTC [+] {8}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03540211 = 0.177 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03947965 = 0.2369 BTC [+] {6}
ozbot: The Serious IPO, a moment in the life and times of forum investing pe Trilema - Un blog de Mircea Po
pankkake: that was my thought when I saw the pic
pankkake: they have the same photoshop skillz
mircea_popescu: now someone make a forum account put that shit up there.
pankkake: informationS is usually how I spot French guys writing in English
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0305 = 0.122 BTC [+] {2}
jurov: buying mpif viac oinbr works nao
assbot: [MPEX] [FN] [F.MPIF] 30000 @ 0.000215 = 6.45 BTC
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03450424 = 0.1035 BTC [-] {3}
mircea_popescu: jurov for a moment there i thought you may be off on something ungodly like i dunno, a 1st may vacatgion or something
assbot: [MPEX] [FN] [F.MPIF] 4765 @ 0.000215 = 1.0245 BTC
jurov: no, that was tonight ;D
pankkake: the French are forbidden to work today! it's work day
assbot: [MPEX] [FN] [F.MPIF] 37650 @ 0.000215 = 8.0948 BTC
assbot: [MPEX] [FN] [F.MPIF] 4750 @ 0.000215 = 1.0213 BTC
ozbot: PROSLIMBS INC AMAZING INVESTMENT OPPORTUNITY
jurov: assbot does not react to ozbot? or it's only the capitals?
jurov: how do you called comrade in russia? tovarish?
jurov: indeed. we called them "súdruh","súdružka"
assbot: [MPEX] [FN] [F.MPIF] 4628 @ 0.000215 = 0.995 BTC
jurov: while "družka" is more like life and sexual partner.. dunno how commies though it's appropriate
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03191666 = 0.1915 BTC [+] {6}
fluffypony: NotLambchop is my favourite person on the securities subforum lately
mircea_popescu: asciilifeform the part where they call party members bffs ?
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03801236 = 0.3041 BTC [+] {8}
mircea_popescu: wouldn't you find it odd if some othrodox country actually called the priest "cousin" ?
jurov: not just party members, everyone was supposed to do it, like "mr." and "ms." equivalent
mircea_popescu: same here. tovarasi was so commie-imbued in romanian it pretty much died out
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03878541 = 0.2715 BTC [+] {7}
assbot: [HAVELOCK] [ALC] 3 @ 0.14 = 0.42 BTC
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02850187 = 0.171 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03919196 = 0.196 BTC [+] {5}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
assbot: [HAVELOCK] [B.MINE] 4 @ 0.02850121 = 0.114 BTC [-]
mircea_popescu: liberal is pretty much dead. libertard will probably survive.
mircea_popescu: the only thing that connotes in english is rastafarian
assbot: [HAVELOCK] [B.SELL] 4 @ 0.039 = 0.156 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 6 @ 0.0285008 = 0.171 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 7 @ 0.0325714 = 0.228 BTC [+] {7}
assbot: Voicing venzen for 30 minutes.
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03257113 = 0.228 BTC [-] {7}
venzen: hehe, HeySteve just dropped off
kakobrekla: you can get voiced yourself once you get some wot rating from someone close enough to assbot
mircea_popescu: lol the small amount of oppression. the oppressed don't even know about it!
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03299666 = 0.198 BTC [+] {6}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 4 @ 0.0340005 = 0.136 BTC [-] {3}
venzen: ok, i will hangaround and wait for someone i know
mike_c: that bit4x email is great. "You are not too bright. All Best, Matic"
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03299466 = 0.198 BTC [-] {6}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0340002 = 0.17 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 9 @ 0.03333298 = 0.3 BTC [+] {9}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03319918 = 0.166 BTC [-] {3}
assbot: Voicing HeySteve for 30 minutes.
assbot: [HAVELOCK] [B.MINE] 7 @ 0.0335428 = 0.2348 BTC [+] {7}
assbot: [HAVELOCK] [RENT] 59 @ 0.00543609 = 0.3207 BTC [-] {4}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03285 = 0.3285 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03355708 = 0.2349 BTC [+] {7}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
kakobrekla: so HeySteve you know this venzen guy ?
mike_c: kakobrekla: pif trades are flowing. thanks.
assbot: [HAVELOCK] [B.MINE] 6 @ 0.033566 = 0.2014 BTC [+] {6}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0323501 = 0.3235 BTC [-] {4}
kakobrekla: mike_c btw, i summed the missed ones in a single 470k trade
kakobrekla: so the vol should be correct, just timing a little off
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
mike_c: ok. that's not far off from what happened anyway i believe. couple big blocks sold.
kakobrekla: o yeah, we now have venzen here cause of that post, allegedly a friend of heysteve.
assbot: [HAVELOCK] [ALC] 3 @ 0.14 = 0.42 BTC
thestringpuller: mircea_popescu: do you have a definition of a n00b lying around?
assbot: [HAVELOCK] [B.MINE] 12 @ 0.033599 = 0.4032 BTC [-] {3}
assbot: [HAVELOCK] [B.SELL] 12 @ 0.03150111 = 0.378 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 13 @ 0.06474168 = 0.8416 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 12 @ 0.033599 = 0.4032 BTC [-]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00097085 = 5.5338 BTC [+]
assbot: [MPEX] [S.MPOE] 6301 @ 0.00097085 = 6.1173 BTC [+]
assbot: [HAVELOCK] [PETA] 100 @ 0.06867792 = 6.8678 BTC [-] {9}
ozbot: F.MPIF last 4628@0.00021500
assbot: [HAVELOCK] [PETA] 160 @ 0.06775852 = 10.8414 BTC [-] {3}
pankkake: reminds me of gold old sandstorm on havelock
assbot: [HAVELOCK] [PETA] 5 @ 0.07379992 = 0.369 BTC [+] {2}
pankkake: sold all (~100 BTC) in a few minutes and resold at 10× price right after
pankkake: and that was a fund, too. don't know who
assbot: [MPEX] [S.MPOE] 10750 @ 0.00097104 = 10.4387 BTC [+] {2}
assbot: [MPEX] [FN] [F.MPIF] 200000 @ 0.000215 = 43 BTC
jurov: um...is marketmaker allowed to front run the IPO?
mike_c: ooh, the pif liquidity manager runs a brokerage.
assbot: [HAVELOCK] [B.SELL] 21 @ 0.03599787 = 0.756 BTC [+] {2}
mike_c: that seems like an opportunity for something
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02850035 = 0.171 BTC [-] {2}
assbot: [MPEX] [FN] [F.MPIF] 40000 @ 0.000215 = 8.6 BTC
assbot: [HAVELOCK] [B.EXCH] 6 @ 0.06474168 = 0.3885 BTC [-]
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03599787 = 0.216 BTC [+]
jurov: mike_c: clients can see mpex receipts, so i can't do any straightforward meddling
assbot: [MPEX:F.MPIF] 1D: 0.000215 / 0.000215 / 0.000215 (832805 shares, 179.05 BTC), 7D: 0.000215 / 0.000215 / 0.000215 (832805 shares, 179.05 BTC), 30D: 0.000215 / 0.000215 / 0.000215 (832805 shares, 179.05 BTC)
jurov: yes, i'm going to.. but for not i have to seize the opportunity by hand
jurov: oh, at the same price?
assbot: [MPEX] [FN] [F.MPIF] 167195 @ 0.000215 = 35.9469 BTC
jurov: lolk.. there goes easy profit
mike_c: um, doesn't that completely change the fund? what would you do with the next 200 btc?
pankkake: the just-dice one can easily be grown (though profit will not grow exactly linearly)
assbot: [MPEX] [FN] [F.MPIF] 10000 @ 0.000215 = 2.15 BTC
mike_c: seems like if you raise more funds it will turn into the panacea/JD fund. the other pcs can't handle much more capital.
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03669396 = 0.3669 BTC [+] {7}
mircea_popescu: mike_c i think it varies a lot over time too. for instance, pc4 is currentl;y very little exposed. but as a lot of bets are med term, 6 months, 1 yr
mircea_popescu: the weight of its book will eventually end up significant
ThickAsThieves: regarding my previous comments on bingoboingo soliciting trade info from others, i guess i kind of see it as the MPEx as the purported/aspiring to be SRO in the space. in that sense i think the long-term view might be to consider whether this is really a best practice, and further whether this channel would ultimately serve as fair info distribution to shareholders
mircea_popescu: mpif is also not obliged to put ALL its capital into pcs, it can keep a reserve
mircea_popescu: ThickAsThieves this channel does serve as the info distribution for all bitcoin finance.
ThickAsThieves: it removes possibility of being a passive investor in any regard, which i suppose is okay with the right support systems in place
ozbot: PROSLIMBS INC AMAZING INVESTMENT OPPORTUNITY | Bitcointa.lk
ThickAsThieves: having to parse this log all day is relatively shitty a requirement, no?
kakobrekla: mircea_popescu he means too many people have voice
assbot: [MPEX] [S.MPOE] 17378 @ 0.00097179 = 16.8878 BTC [+] {3}
ozbot: #bitcoin-assets log
mircea_popescu: ThickAsThieves this is precisely why being a financial professional is... you know... a profession.
pankkake: perhaps the unexisting Trilema TL;DR should also be assets TL;DR
mircea_popescu: if you mean it removes the possibility of expecting to meet the performance of professionals on the budget and investment of an amateur, yes, this is correct.
ThickAsThieves: right, so what i meant by support systems for passive investors, might be, having independent investment managers
mircea_popescu: ie, exactly how markets work, because it's exactly how sanity requires.
fluffypony: ThickAsThieves: so why don't we find someone who can spend 2-3 hours a day parsing the logs and making an overview/digest and putting it up, and then put that up on a paywall'd site, the proceeds of which pay their salary?
☟︎ mircea_popescu: ^ fluffypony on the topic of how good design begets business.
dub: IRC professionalz in hurr
ThickAsThieves: how do classify the allowance of the practice of your fund manager soliciting trade info from others?
bounce: didn't we have an expert digester sadly out of a job recently?
FabianB: ;;calc 213.15567101*0.9822
fluffypony: asciilifeform: I don't need a digest, I have the time to parse the forum, but if I get caught up in things I can imagine I simply wouldn't have the time for it on an ongoing, daily basis
ThickAsThieves: <+ThickAsThieves> well i was pretty sure the 400k ask was you
ThickAsThieves: <+ThickAsThieves> i interpreted it as you forcing things
ThickAsThieves: <+BingoBoingo> ThickAsThieves: Well, that is in the statement
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
FabianB: mircea_popescu: just a funny way to make a bid order in f.mpif
mircea_popescu: a) that was for april and b) panacea is like 20%ish of mpif
FabianB: mircea_popescu: panaceas -1.78
mircea_popescu: FabianB but mpif already reported no loss from panacea in april.
fluffypony: asciilifeform: it takes me a few hours to catch up when I miss stuff (including reading posted links, researching stuff I don't understand, etc.), I don't always have a few hours loose every day, and you know how it goes once you let it slip for a few days - it's easier to just skip the few days you missed
mircea_popescu: related : May 01 01:46:17 <mircea_popescu>mike_c is like never on anymore, he's almost like a guy with a day job and 3 side projects + a small kid or something.
mircea_popescu: FabianB you expect panacea to lose 1.78 twice in a row ?
mircea_popescu: but yeah i get it, you wanted some numbers to put in a formula
FabianB: so mpif invested after the loss?
FabianB: mircea_popescu: yeah, just that, already bought into the big ask and still wanted to have bids below
fluffypony: "Hello. my name Ewelina S. iam from Poland. in 25 of march i make order for Terra miner 2tgh/s for 5.999$ +1.108$ shipping. I am a single mother who raises two children.I borrowed these monay from family and friends for the development of investment btc.At the moment, my financial situation has changed for the worse, and I was forced to resign from the ordered equipment.Please help me recover my money.If I lose these money i dont know what
jurov: well, i now realize my position is a bit problematic, not cause i'm a broker
fluffypony: will happen with my life.I do not have any contact with Ct please HELP"
assbot: [HAVELOCK] [PETA] 2 @ 0.07377667 = 0.1476 BTC [-]
jurov: but cause i can implement very slightly flawed mm strategy
jurov: in order to extract more profit
assbot: Current MPIF account balance on Just-Dice: 50.43159607 BTC
jurov: or i can be accused to at least
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
ThickAsThieves: jurov wasnt it addressed that front-running would be a fireable offense?
ThickAsThieves: while you *could* implement programmatic ways to do so, i'm not sure you could hide the suspicious activity totally
mike_c: i don't think jurov is in a different situation than anyone else. BingoBoingo could trade the markets on his own book, hanbot could place bets with her own money, etc.
jurov: say, i'd open another anon mpex account and trade the mpif with myself from there
mike_c: all the pif managers are on the honor system. i assume suspicious behaviors will result in execution by general manager.
mircea_popescu: ThickAsThieves well one's fraud and other's breach of duty of care
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02850252 = 0.171 BTC [-] {4}
ThickAsThieves: say he front runs selectively how do we prove guilt or innocence
mircea_popescu: jurov : stay outside of 1% of nav on either direction.
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [ALC] 19 @ 0.14 = 2.66 BTC
mike_c: oof. nav is not a spot price..
mike_c: now he needs a good price for nav
jurov: well... what if we'll bids/asks both outside nav?
mircea_popescu: suppose nav is 1. you don't bid over .99 and don't ask under 1.01
mircea_popescu: that way you can always be overbid by users, should they want to.
mircea_popescu: i won't issue shares unless we're looking at a 105% or something like that.
fluffypony: so when is someone going to fork Altcoin and call it B1tcoin?
assbot: [HAVELOCK] [NEOBEEQ] 9790 @ 0.0000502 = 0.4915 BTC [-] {4}
jurov: current positions are 200k shares were bought at 215000 (and selling at 29000) + 7BTC
jurov: plus i bought another 167195 shares myself
mircea_popescu: alrighty, i'll give you a pass on what looks like a ~0.5% loss so far for may :p
mpexbot: mircea_popescu: F.MPIF Bids: ['10000 @ 0.0002113', '20000 @ 0.00020936', '1000 @ 0.00020001', '100000 @ 0.0002', '1000 @ 0.0002']
mpexbot: mircea_popescu: Asks: ['990000 @ 0.00021726', '1000 @ 0.00024', '200000 @ 0.00029', '10000 @ 0.0004', '10000 @ 0.001']
assbot: [MPEX] [S.MPOE] 10500 @ 0.00096862 = 10.1705 BTC [-]
jurov: i don't say the 29k ask is there forever..just till i dust off the bot code
mircea_popescu: anyway, mike_c et all : his job is not so bad, he gets a guaranteed 2.5% every time he flips.
mike_c: i don't understand why you want to keep the price so close to NAV. This thing is supposed to make money. that is worth something. if you issue shares until price drops to close to nav than the roi will be piddling.
mircea_popescu: mike_c there are some things conflated in there i don't follow.
ThickAsThieves: so i'll instigate further, what vetting does general manager do for bot software used by managers? basically enough rope to hang themselves?
mircea_popescu: first off, why would this thing "make money" other than through nav going up ?
ThickAsThieves: mike_c also note that when new shares are released and purchased, it increases nav for everyone
jurov: nav *per share* stays the same
mike_c: ok. NAV is 100 btc and there are 100 shares. investor projects fund will make 10% this year. He values this highly and is therefore willing to pay 1.06 for a share.
mike_c: this is now over 5% over NAV, so you issue more shares.
mircea_popescu: he can't overpay by 6%, because i sell to him at 101.5
mircea_popescu: someone else wants to pay over 15 pips or why do i issue more shares ?
jurov: you updated the price to 21726 ?
mircea_popescu: jurov yes, went out of your bounds. i was at .88% before i enacted the 1% collar for you.
mike_c: ok, let's try this. so say this block sells out (the 2nd 200 btc). and now you stop issuing shares.
ozbot: #bitcoin-assets log
ThickAsThieves: i'm still lost on how continual issuance of shares doesnt affect NAV
mike_c: that is my point. you are going to keep issuing shares until the ROI drops so low that nobody is willing to pay more than 5% over nav
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03949966 = 0.1185 BTC [+] {3}
ThickAsThieves: so when you say you 'deposit' btc to issue more shares, where does that go?
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03969955 = 0.1985 BTC [+] {5}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.02850035 = 0.1425 BTC [-]
ThickAsThieves: so mpif has 200btc and then sells more shares and gets another 200btc
jurov: gotta go afk, hope nav won't reach 29000/1.01 in the meantime :D
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03986749 = 0.1595 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03999 = 0.2399 BTC [+] {4}
assbot: [HAVELOCK] [B.MINE] 11 @ 0.02918196 = 0.321 BTC [+] {6}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
mike_c: I'm going to try again. Funds can sell at a premium or a discount to NAV. You are basically saying you won't allow this above +/- 1.5%. The only way I can see to do this is to carry a massive cash balance in the fund.
mike_c: that's what the general manager wants.
assbot: [HAVELOCK] [B.EXCH] 20 @ 0.06474168 = 1.2948 BTC [-]
mike_c: the invested funds will grow. that is worth a premium. cash will not grow. so to keep the premium very small, cash must dominate invested funds.
mircea_popescu: but listen. this is an investment fund. its business is to invest. if it does well, it would naturally receive more cash to invest.
mircea_popescu: sure, in principle the later investments would attract lower margins than the earlier investments.
mircea_popescu: so i guess your objection reduces to this not being a high risk/high reward enough for you thing ?
mike_c: (i don't think that's my objection)
ThickAsThieves: which was probably a large point of the "excercise" of it existing at all ;)
assbot: [HAVELOCK] [B.EXCH] 12 @ 0.06474168 = 0.7769 BTC [-]
mircea_popescu: suppose instead of 1.5% (or the initial .88%) i charged 45%.
mircea_popescu: now, anyone trying to get into this fund would first have to take a 45% haircut, as mp tax.
mike_c: it makes sense if the fund is going to return 50%
gribble: Error: unexpected EOF while parsing (<string>, line 1)
jurov: lol we have to agree if it's /1.01 or *0.99
jurov: it's not the same :)
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
assbot: [HAVELOCK] [B.MINE] [PAID] 2.52398268 BTC to 8`031 shares, 31428 satoshi per share
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0285 = 0.1425 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0285 = 0.1425 BTC [-]
mircea_popescu: let me make an illustrative working model by what i mean by the size breeds security thing.
jurov: so i can now undercut the 21726 ask? but dunno if that recovers selling fee
jurov: ;;calc 21726/21528
mircea_popescu: suppose vpif has 1 pc, with 10 btc. at t=0, the share goes for 100 satoshi.
mircea_popescu: at t=1, the sole manager seems to be making a 15% gain
mircea_popescu: now, on model A, the spot tracs this, and the share trades at 115
mircea_popescu: on model B, the spot gets stuck at 101.5 while the capital of the fund swells to 50 btc, of which 10 allocated to pc1.
mircea_popescu: at t=2, the sole manager that seemed to have been making a 15% gain runs off with the whole shebang.
mike_c: yes. so this goes back to what i said about the fund will end up carrying a huge cash balance
mircea_popescu: except this example is 1 pc and mpif has 5, and this example has a shock 15% month, which mpif prolly won't ever have.
mircea_popescu: so yes, it will carry cash. not that much, but in fact just about what's usually considered prudent in fiat.
mircea_popescu: apple for that matter carries billions in cash, so does berkshire, so do all powerful corps.
mike_c: ok. obviously we will see how it plays out. but mpif will make 15% annually, which may end up meaning a 80% cash balance.
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02893333 = 0.1736 BTC [+] {2}
mircea_popescu: if nav is 220 next month, the price goes up for the shares too
mike_c: ok ok. but this then all relies on you having a very good idea what your nav is at a given time.
mircea_popescu: mpif may definitely end up with a large cash balance, but this would be a negative commentary on the btc financial space, rather than on mpif itself.
mircea_popescu: mike_c well that's the one good argument for increasing the berth there, actually. 1.5% may be too narrow,
mircea_popescu: and it may jump further up, according to what experience will indicate
ThickAsThieves: sounds like the mpif general mgr needs to be an active one
mircea_popescu: i have, for like... i dunno, a year or two ? BILLIONZ OF LINES!11
ThickAsThieves: and will you hawk over hanbot's bet progress and such?
mircea_popescu: note tho that they're my shares, if i sell them under nav... well... tough tits for me.
bounce: so that's why you talk so much. can skip any lines you wrote yourself come log reading time.
mircea_popescu: bounce no because most of the time i don't remember what i said
mircea_popescu: then im all like... o wow check out how fucking smart this dood is!
bounce: right in character too. my, there goes my snark.
assbot: I don't know those people, and they don't look very friendly.
assbot: I don't know those people, and they don't look very friendly.
assbot: Yeah. No damn tobacco, that's for sure.
mike_c: one piece i was missing is that you will allow the share price to grow. this is different from many funds that keep their share price constant.
gribble: Error: "kittylasers" is not a valid command.
gribble: Error: "laserkitty" is not a valid command.
gribble: Error: "laserkitteh" is not a valid command.
gribble: Error: "laserkitten" is not a valid command.
gribble: ุ ₍˄.͡˳̫.˄₎ ุ ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew*
moiety: i thought moolah was closing
jurov: we can resume waiting for S.MNKY.. oh it got rebranded to S.LIMBS nao
assbot: [HAVELOCK] [CBTC] 10000 @ 0.00013465 = 1.3465 BTC [+] {7}
assbot: [HAVELOCK] [CBTC] 100000 @ 0.00015292 = 15.292 BTC [+] {31}
moiety: I RAPORT THIS TO INTREPOLL. << lol
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00013923 = 0.6962 BTC [-] {3}
bounce: INTARPOLL ON TO US? OHO NOES
bounce: wonder if that's actually more than one person. before you know it they hit "hero member" and nobody notices anything wrong.
Duffer1: needs Bitcoin Foundation Member avatar
moiety: intrepoll can extradite me if they like
pankkake: if only we could change avatars… :(
moiety: owait it doesnt work like how i was thinking
moiety: why did btctalk stop the avatars btw?
fluffypony: and instead of spending a small portion of the few thousand BTC donated to fix it
fluffypony: or, you know, use non-shitty forum software
fluffypony: they decided to just switch off functionality
moiety: will the mythical new software ever happen?
fluffypony: moiety: yes. they are reinventing the wheel from scratch for tens of thousands of Dollars, and it is expected to be released by 2025
bounce: you never know. next you know they breed a horse that sings
ThickAsThieves: well considering they had people like garr and john k holding the coins...
moiety: i see john re-appeared
assbot: [MPEX] [S.MPOE] 15900 @ 0.00096501 = 15.3437 BTC [-]
ozbot: Now is Time, tomorrow IS glory = IPO people
moiety: i know someone else that used smf for an altcoin forum, lasted like 2 months before they migrated to other software
gribble: vexual was last seen in #bitcoin-assets 5 days, 5 hours, 24 minutes, and 5 seconds ago: <Vexual> ty
ozbot: The first trading day of F.MPIF pe Trilema - Un blog de Mircea Popescu.
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
ozbot: Let’s do Mark Cuban pe Trilema - Un blog de Mircea Popescu.
thestringpuller: ;;later tell BingoBoingo choose a baseball game and we'll go send me a later tell and we'll figure it out
assbot: Voicing phish for 30 minutes.
mircea_popescu: "Hello mrWDunne please advised real offer is mine hassan wants to only delouse you."
gribble: Bitstamp BTCUSD ticker | Best bid: 458.24, Best ask: 460.75, Bid-ask spread: 2.51000, Last trade: 458.03, 24 hour volume: 8861.20016406, 24 hour low: 444.59, 24 hour high: 461.0, 24 hour vwap: 453.600423354
pankkake: well a forum of scams. like that horrific forum about high yield ponzies
mircea_popescu: with this large amount of good quality lulz we should see an uptick in price
mircea_popescu: i suppose one could imagine this far away island where the greatest delicacy is pubic hair lice
fluffypony: I wonder if you could reverse attack those spam comment systems
ozbot: An7i Security: Pwn the n00bs - Acunetix 0day
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
fluffypony: tks pankkake, last played around with running a honeypot ages ago
assbot: [HAVELOCK] [NEOBEEQ] 6026 @ 0.00002533 = 0.1526 BTC [-] {7}
assbot: [HAVELOCK] [NEOBEEQ] 4103 @ 0.00002533 = 0.1039 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEEQ] 4005 @ 0.00002532 = 0.1014 BTC [-] {8}
benkay: "Though Bitcoin’s value is predominantly speculative at this point, a future in which Bitcoin obtains a high and stable value would allow the creation of new financial contracts and mechanisms; these new arrangements would leave regulations and regulated industries in the dust, left to fight over the tawdry remains of those yet unable to migrate to the internet of money or those unwilling (but soon dead)."
assbot: [MPEX] [S.MPOE] 11800 @ 0.00096862 = 11.4297 BTC [+]
benkay: "the future is here, it's just unevenly distributed."
benkay: i'm just highlighting people getting it.
benkay: uptake patterns are interesting etc
assbot: [HAVELOCK] [NEOBEEQ] 30650 @ 0.0000253 = 0.7754 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEEQ] 6346 @ 0.0000253 = 0.1606 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.49969989 BTC [+]
midnightmagic: mircea_popescu: yeah the flynn effect is reversing a little unfortunately. it's a race now, to advance technology to the point where we'll no longer need to advance it, before we can't do it anymore.
assbot: [MPEX] [S.MPOE] 20750 @ 0.000966 = 20.0445 BTC [-] {2}
mircea_popescu: there is no shared anything among people of different intelligence.
midnightmagic: lol @ weird article though, those aren't the reasons as I understood them.
assbot: [HAVELOCK] [DEALCO] 57 @ 0.00291347 = 0.1661 BTC [-] {12}
assbot: [MPEX] [S.MPOE] 11600 @ 0.00096501 = 11.1941 BTC [-]
assbot: Voicing multisignaturest for 30 minutes.
multisignaturest: theres is a an assbot calling me out... something called a mircea+popescu saying !up
ozbot: Now is Time, tomorrow IS glory = IPO people | Bitcointa.lk
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03 = 0.15 BTC [+]
assbot: Voicing mircеа_рoреscu for 30 minutes.
assbot: Insufficient rights, multisignaturest, !up yourself on PM first.
benkay: ;;gettrust multisignaturetest
benkay: ;;gettrust multisignaturestartup
assbot: Voicing mircea_popescu without time-limit.
Apocalyptic: the question is, can you down someone upped by assbot's L1 trust
assbot: Voicing mircea_popescu without time-limit.
assbot: [MPEX] [S.MPOE] 10894 @ 0.00096501 = 10.5128 BTC [-]
mike_c: Apocalyptic: no. kako has this thing working pretty well now.
assbot: Voicing asciilifeform without time-limit.
assbot: benkay, you can't do that to asciilifeform.
mike_c: it used to work if you upped yourself
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03048571 = 0.2134 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 2001 @ 0.00015009 = 0.3003 BTC [-] {2}
assbot: [HAVELOCK] [SF1] 500 @ 0.00089999 = 0.45 BTC [-]
assbot: [HAVELOCK:RENT] 1D: 0.00532500 / 0.00583695 / 0.00739958 (639 shares, 3.72980913 BTC), 7D: 0.00532500 / 0.00698735 / 0.00750000 (2411 shares, 16.84651159 BTC), 30D: 0.00532500 / 0.00734936 / 0.00750000 (8205 shares, 60.30151159 BTC)
assbot: [HAVELOCK] [SF1] 650 @ 0.0009 = 0.585 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03625 = 0.3625 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 3350 @ 0.00096501 = 3.2328 BTC [-]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.037 = 0.111 BTC [+]
assbot: [HAVELOCK] [SF1] 230 @ 0.0009 = 0.207 BTC [+]
benkay: mike_c i'm trying to ship some goddamn software over here mkay?
benkay: quit distracting me with these scams.
mike_c: just ship and fix it later
benkay: sadly that is the pm's attitude on this project
benkay: "how about we don't do things the right way, saving ourselves maybe 800-1200 dollars that we'll need to spend correcting this bad decision in two weeks"
benkay: guy is classic penny wise and pound foolish
mike_c: good pm's are not common.
benkay: i was going to ask why some people are willing to spend more money to fix the bug their shitty prioritization imposes than doing it right in the first place and then i realized 'o yeah most people are stoopid monkeys'
assbot: [MPEX] [S.MPOE] 25199 @ 0.00096781 = 24.3878 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 1515 @ 0.00015013 = 0.2274 BTC [+]
bounce: not everybody understands the implications of their priorisation decisions, or perhaps chooses to ignore them, or even thinks the overall {business,politics(!)} picture looks better
bounce: a valid question is why the guy made exactly these decisions and perhaps how whoever made him project manager came to that decision
assbot: [MPEX] [S.MPOE] 401 @ 0.00096987 = 0.3889 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.07354182 = 0.2206 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 3949 @ 0.00096883 = 3.8259 BTC [-] {2}
benkay: bounce: he's one of those guys who seems to always prefer the quick hack over spending some time thinking about the problem.
mod6: ye ole bug in the tcp stack 'eh
mod6: says that you could just: scrub in all fragment reassemble, but seems better to just patch and be done.
fluffypony: if you have scrub in all in pf you're already a-ok
mod6: i always have that in my pf ruleset, but i need to rebuild anyway :)
mod6: does anyone else remember having to port PF in manually from obsd?
mod6: lol, then finally after like 10 years, fbsd merged it in as a kernel option you can build.
mod6: did anyone here ever use ipfw and feel that pain? i mean, it worked, but it was tricky with that match-first ruleset as opposed to the filtering and match-last system of PF.
mod6: plus then you get the added bonus of like altq+priq.
mod6: i always thought it was a pain to get it just right. once it worked, it worked good, i mean it did it's job. but i found it more painful for some reason than PF.
mod6: maybe its because i learned on ipfw tho.
mod6: and the first is always the hardest
fluffypony: mod6: yeah, I remember pf being all the rage, and switching a couple of boxes from fbsd to obsd because I wanted to use pf
assbot: [HAVELOCK] [AM1] 1 @ 0.49969989 BTC [+]
assbot: [HAVELOCK] [RENT] 50 @ 0.0055002 = 0.275 BTC [-] {2}
mike_c: 3po investors down 26%. go havelol!
mod6: benkay: yeah but just look at her ass!
mircea_popescu: "On February 22, 2010, the company approached the city of Phoenix, Arizona with an offer of $10 million to rename the Sky Harbor Airport to Ashley Madison International Airport for a five-year period. Even though the city was in financial trouble, it rejected the offer."
jurov: fluffypony i actually had to look to lulzbourse, if PISS is there.. but sadly, it's shopped
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03450066 = 0.1035 BTC [-] {2}
fluffypony: "proslimbs_ink i am not irish. keep working maybe you find a potato. "
ozbot: Crypto Coin Stock Exchange - The Wall Street of Crypto Coins
fluffypony: he pumps out shitty sites with IPO PDFs more often than I drink wine
ozbot: New Shares listing on Bitcoin Bourse "TCT" Truth Shares
moiety: lol fluffypony i could do with some wine today
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0345002 = 0.1725 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 25 @ 0.0058 = 0.145 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03649999 = 0.146 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.031 = 0.155 BTC [+]
assbot: [HAVELOCK] [AM100] 58 @ 0.0045 = 0.261 BTC [-] {3}
assbot: Voicing Rulother for 30 minutes.
assbot: [HAVELOCK] [AM100] 161 @ 0.00442232 = 0.712 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 23 @ 0.00440026 = 0.1012 BTC [-] {2}
fluffypony: Have you heard about the Oscar Pistorius drinking game?
fluffypony: every time someone goes to the loo you take 4 shots
Naphex: i never understood drinking games
gribble: Nick 'kakobrekla', with hostmask 'kakobrekla!~kako@unaffiliated/kakobrekla', is identified as user 'kakobrekla', with GPG key id 27AF75321F2489E8, key fingerprint 27C3CE9A20851312F086268C27AF75321F2489E8, and bitcoin address None
Naphex: not drunk enough, drink
mircea_popescu: had the man just been patient, something like mpif would have been exactly right for him. but instead... had to get involved with cypher-whatever it was.
mircea_popescu: ruined a reputation, lost a stash, either of these'd have been worth millions in the future.
assbot: [HAVELOCK] [CBTC] 2000 @ 0.00014648 = 0.293 BTC [-]
assbot: [HAVELOCK] [CBTC] 1000 @ 0.00014638 = 0.1464 BTC [-]
assbot: [HAVELOCK] [CBTC] 1000 @ 0.00014648 = 0.1465 BTC [+]
bounce: eh. so. uhm. advert banner: "a highly addictive FREE adult game" under some not-especially-well-done renders of nekkid chixx with pointy ears in leia-bra, sporting wings, or atop a unicorn. what'd they do, raid cghub and sell it as pr0n?
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03400002 = 0.238 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 25 @ 0.0058 = 0.145 BTC [+]
bounce: oh, looks closed down. wondered why things'd gone br0ked. anyhow, place for sharing 3d computer graphics models.
Apocalyptic: mircea_popescu, it's fair to say he deprived himself from a successful future
cgcardona_: good. just ordered some (admittedly low end) gear for my recording studio project
ozbot: New gear for my Kauai music studio
cgcardona_: i just moved back to kauai from SF and sold all of my gear before I left the city
cgcardona_: so I'm starting over w/ some cheap gear just to get set up.
cgcardona_: how you doing? anything exciting happening?
assbot: Voicing Kushed for 30 minutes.
assbot: Voicing Enky for 30 minutes.
bounce: what're you recording?
cgcardona_: but I'm working on a bunch of new stuff so that's why i ordered the gear
bounce recalls "doing internet radio" with a kick mike (nice and low response on the voices), homemade spit filter, a (PA) mixer panel, I forgot what for playing records, and, uh, a couple peecees for the recording and streaming. (winamp on w95 with encoder plugin to icy server on linux, then somethingorother for multicast)
bounce: used to do some band mixing when nominally a student, even did a quick course on it. was kinda fun.
cgcardona_: wow your internet radio setup sounds epic
assbot: Voicing supay for 30 minutes.
bounce: the uplink was 64kbit ISDN back then. I think we split it out on a box on campus with 100Mbit, which was pretty good for ~2000. for (possibly fake, as in from the next room over the pabx) dialin we cut up an old "second ear" on a phone.
supay: mircea_popescu: Someone who wants to make a lot of money.
supay: I was told that I could learn a lot from this channel.
supay: So I thought I would watch, and learn.
supay: Who are you mircea_popescu?
cgcardona_: def some wisdom around here for anyone who has ears to listen.
mircea_popescu: im just this guy that keeps naming things after himself in a vain but ultimately doomed hope of surviving thusly.
cgcardona_: you'll lose voice+ after 30 minutes (is that how long it is?) and if you aren't in the wot you can't speak in here supay
supay: mircea_popescu: interesting.. looks like I can learn from this chan after all..
supay: cgcardona_: and how would get on the wot?
bounce: five hours old and a cloak. quick work. where're you from? your name's not jenkins by any chance?
supay: thank you cgcardona_
cgcardona_: that's a good place to start w/ the high level wotupwidit
cgcardona_: supay: no prob. :) glad to help. I can pass the newb crown to you
ozbot: wot_and_reputation [bitcoin assets wiki]
supay: nice blog mircea_popescu
mpexbot: mircea_popescu: F.MPIF Bids: ['50000 @ 0.0002151', '5000 @ 0.0002151', '500 @ 0.0002151', '5000 @ 0.000215', '1400 @ 0.00021333']
mpexbot: mircea_popescu: Asks: ['99600 @ 0.00021725', '990000 @ 0.00021726', '1000 @ 0.00024', '100000 @ 0.00029', '10000 @ 0.0004']
kakobrekla: anyway i still think you should hit the wiki first on your quest, supay .
cgcardona_: yea good advice. kakobrekla is a sage indeed.
supay: alright kakobrekla. will do.
mike_c: mircea_popescu: did you change the price for the new shares to 21726?
assbot: [HAVELOCK] [PETA] 2 @ 0.0728 = 0.1456 BTC [+]
assbot: [HAVELOCK] [PETA] 2 @ 0.07250035 = 0.145 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 4 @ 0.07220302 = 0.2888 BTC [-] {4}
assbot: Voicing ryepdx for 30 minutes.
assbot: [HAVELOCK] [PETA] 29 @ 0.07131323 = 2.0681 BTC [-] {7}
assbot: [MPEX] [S.MPOE] 4200 @ 0.0009712 = 4.079 BTC [+]
assbot: Last trade for F.MPIF on MPEX was at 0.00021725 BTC [+]
benkay: kakobrekla: assbot doesn't seem to like users not authed with the same WoT handle as their IRC nick.
benkay: is there a workaround?
benkay: kinda unnecessary coupling of freenode and wot
assbot: Voice for ryepdx extended to 30 minutes.
gribble: CAUTION: irc nick differs from otc registered nick. Nick 'ryepdx', with hostmask 'ryepdx!~ryan@c-76-115-78-13.hsd1.or.comcast.net', is identified as user 'rye', with GPG key id 680F5108B06DBB77, key fingerprint C901BFF645AF5CD06F58D724680F5108B06DBB77, and bitcoin address None
kakobrekla: except that you /nick back and forward for the voice operation
benkay: so nick to the wot nick and then nick back to your normal nick?
gribble: ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew!* *pew!* *pew!*
gribble: Error: "kitten" is not a valid command.
benkay: ryepdx: didja get kakobrekla's instructions?
benkay: nanotube: is there a way to trigger an authentication request from outside irc?
supay: so if i just register on bitcoin-otc with a gpg key, I can continue chatting here?
assbot: Voicing supay for 30 minutes.
cgcardona_: supay: once you register someone will need to rate you. then you can chat here
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03352746 = 0.1006 BTC [-]
supay: I don't have any btc to trade to get a rating.
mike_c: not the only (or even the best) way to get rated
cgcardona_: supay: someone will usually rate a new person a 1 just for the purpose of v+ in here
supay: Oh, okay. Thats nice.
cgcardona_: then what you do w/ that ability to chat is up to you. at which point your wot score could plummet if you're a DB
kakobrekla: mostly depends on first n lines you type into this box
supay: kakobrekla: i understand..
ozbot: Urban Dictionary: db
cgcardona_: ya know. If you abuse your v+ people will rate you -. That kinda thing.
benkay: (DoucheBag for those not embedded in the prison)
fluffypony: bounce: you know Coinbase uses mongodb, right?
fluffypony: in their case eventual = within two weeks
nanotube: benkay: also, i see you're talking about irc nick and wot username differences - shouldn't be an issue, the output of 'ident' command includes wot username... so you have both pieces of info.
assbot: [MPEX] [S.MPOE] 2901 @ 0.0009712 = 2.8175 BTC [+]
gribble: Bitstamp BTCUSD ticker | Best bid: 458.34, Best ask: 459.34, Bid-ask spread: 1.00000, Last trade: 458.34, 24 hour volume: 10658.50942672, 24 hour low: 444.79, 24 hour high: 465.88, 24 hour vwap: 456.952838177
kakobrekla: the issue is that private !up would need to take in an argument.
kakobrekla: that would make the design of the whole thing less nice.
nanotube: kakobrekla: why? the private !up knows what nick it is coming from. should then just ask gribble 'ident <source nick>'
ozbot: SanDisk Announces 4TB SSDs, 8TB & 16TB SSDs to Follow
kakobrekla: hmm i think i had a good reason regarding that lemme think
nanotube: kakobrekla: then look at gettrust for the wot username...
kakobrekla: yes it would require 2 separate commands like you said
fluffypony: asciilifeform: afaik the nand flash in those drives is ~3k writes per cell
kakobrekla: but is it really a thing worth fixing ?
fluffypony: cMLD is only 5k, but I can live with that
rithm: isn't this sunlot dude coingenuity's old partner
nanotube: kakobrekla: bonus: do one command. gettrust [ident nick]
ozbot: OpenBSD 5.5 Released - Slashdot
rithm: <nanotube> kakobrekla: why? the private !up knows what nick it is coming from. should then just ask gribble 'ident <source nick>'
rithm: ^ i have a feeling i wouldn't have to change nicks then
kakobrekla: nanotube hm yes that neat trick might do it, ill try it
rithm hands kakobrekla a cookie anyways
ozbot: Van Rompuy: If The Public Doesn't Want EU Expansion, 'We Do It Anyway'
bounce: how'd that work for mr [\\\]?
assbot: [MPEX] [S.MPOE] 4750 @ 0.00097119 = 4.6132 BTC [-]
assbot: [MPEX] [FN] [F.MPIF] 5000 @ 0.00021725 = 1.0863 BTC [+]
jurov: you know how they do it? they repeat a referendum until they get Yes
bounce: everybody knows by now, but the europhile eurocrats don't care; the people, even the national governments, can no longer stop it
ozbot: [HAVELOCK] (Seedcoin SF2) Global Coin FX - UK HQ Virtual Currency Exchange
assbot: [HAVELOCK] [RENT] 143 @ 0.0058 = 0.8294 BTC [+]
assbot: [MPEX] [S.MPOE] 11850 @ 0.00097138 = 11.5109 BTC [+] {2}
dub: someone beat firefox with all kinds of ugly
fluffypony: dub: is that a statement or a request?
dub: i been that nigger in a rice bowl waiting to pop a cap
rithm would see a nigger in a rice bowl for sure
assbot: [MPEX] [S.MPOE] 6750 @ 0.00096888 = 6.5399 BTC [-] {2}
ozbot: The NBA Wanted To Kick Donald Sterling Out Of The League In 1982
csshih: is this the new cool kid hangout
fluffypony: wherever assbot exists is, by definition, cool
benkay: ryepdx: you can now !up yourself
benkay: hue hue hue was v. tempted to thank mp instead
BingoBoingo: I like that the honeypot is covered in Web 2.0MG hipster BBQ sauce
BingoBoingo: Would be an interesting thing to have out there.
BingoBoingo: Yeah, probably got hepatitis from shooting up with Rabbit
ozbot: Drunk NYPD Officer Allegedly Shot a Stranger 6 Times
assbot: Voicing supay for 30 minutes.
supay: Could someone give me a +1 rep so I could chat here?
Anduck: supay: now u can talk for a while
supay: I'm authed i guess..
supay: I'm asking for rating on bitcoin-otc
supay: so that I can continue talking here and learn a thing or two :)
assbot: Voicing TurboS_911 for 30 minutes.
assbot: Voicing Checkup for 30 minutes.
bounce: computer science no science
BingoBoingo: thestringpuller: I'll start thinking about games
jurov: supay can you do some programming?
ozbot: Nevada Ranch Militias Turn Against Each Other Over Drone-Attack Theory
supay: But I am very familiar with C and C++.
bounce: just random ratings don't convey +v in here, by the by
BingoBoingo: supay: They need to some from the right people
supay: BingoBoingo: will you give me a +1?
BingoBoingo: supay: Not atm. If you do something that impresses people and provides benefit I might, of course other people might as well.
jurov: i can give some +1 for 5BTC or considerable coinbr volume >:D
BingoBoingo: supay: If you hang around idea for things that can be done appear quite frequently
supay: jurov: I'll give you 1doge. Interested?
bounce: how does "the price is right" work anyway?
supay: BingoBoingo: I get it. Good deal.
jurov: i don't even have a doggone wallet
supay: I do hope however that someone voices me every half-hour till I get some rating.
jurov: just a repellant stick on the laptop
supay: jurov: dogevault.com
gribble: Rating entry successful. Your rating of 1 for user supay has been recorded.
kakobrekla: yet jurov doge sticker on his lappy is 3 times the size of bitcoin sticker
jurov: and do you have something important to say?
kakobrekla: but does it work? imo it would attract newbs.
supay: benkay: no sir, I shall not!
jurov: i'll teach them the error of their ways
supay: jurov: I wonder why you were asking me if I could code?
benkay: and now the channel is cleared of "plz someone +1 me!"
jurov: supay just checking, maybe you're usable :)
benkay: ;;gettrust assbot navhul-lacsup
assbot: Voicing navhul-lacsup for 30 minutes.
bounce: now everybody goes "pwease mistah benkay sir, can I haz ratings too?"
jurov: supay but since you did not mention some own pet projects, i abandoned that inquiry
supay: jurov: cool. do you code as well?
supay: jurov: pet projects?
jurov: when i was student, i maintained ziproxy.sourceforge.net
bounce likes it better when police aren't armed. apropos earlier paste.
jurov: i got some ridiculously positive responses for such lame
http proxy server
supay: jurov: interesting project :)
bounce: little things please little minds
assbot: [HAVELOCK] [CFIG] 2 @ 0.07999 = 0.16 BTC [+] {2}
bounce: what was that cartoon again? "make stuff work" on a unix and you're incomprehensible, thus ignored. make stuff work on windows and you're a god to be worshipped.
supay: shouldn't it be the other way around?
supay: I find unix more friendly than windows
fluffypony: I hate windows, but honestly unix is a piece of shit from a usability perspective
fluffypony: so few cli tools conform to norms, because why bother when you can just do it your way
supay: fluffypony: it wasn't really created for gui-addicts..
fluffypony: supay: I think you miss my point; I am far from a "gui-addict"
supay: It is difficult to use, most will agree with you on that.
jurov: prolly supay is still young and eager to scour manpages for some simple function
supay: nah, I just use google
benkay: why read man pages when you can just curl2sudo some ruby brogrammer's work?
fluffypony: after nearly 20 years of tar I still forget how to use it all the time
fluffypony: and I'm not talking about -cjvf and -xvf
mircea_popescu: <kakobrekla> hmm i think i had a good reason regarding that lemme think << pwned.
bounce: what? tar tvf - is "a" valid tar command
mircea_popescu: <jurov> you know how they do it? they repeat a referendum until they get Yes << and then wonder why bitcoin doesn;t care what they think.
mircea_popescu: <bounce> everybody knows by now, but the europhile eurocrats don't care; the people, even the national governments, can no longer stop it << let's bet.
mircea_popescu: <benkay> hue hue hue was v. tempted to thank mp instead << DDDDOOOO ITTTT
bounce: how'd /you/ go about and "stop it"?
assbot: Voicing DoctorBTC without time-limit.
assbot: [MPEX] [S.MPOE] 15196 @ 0.00097197 = 14.7701 BTC [+] {2}
gribble: Rating entry successful. Your rating of -1 for user supay has been recorded.
benkay: that'd be the first counterrating.
benkay: ;;gettrust assbot supay
benkay: hey supay, !up yourself on pm with assbot
benkay: this asseteer in-production testing session is complete and.
gribble: Successfully removed your rating for supay.
gribble: Successfully removed your rating for supay.
assbot: Voicing supay for 30 minutes.
benkay: many thanks to our hapless subject
benkay: you clearly don't understand the local manners.
assbot: [MPEX] [S.MPOE] 16900 @ 0.00096624 = 16.3295 BTC [-] {2}
kakobrekla: mircea_popescu no no the reason is good.
assbot: Voicing tradingloser for 30 minutes.
tradingloser: anyone losing money on cryptostock and havelock. it's killing me
ozbot: Has the whale exploded yet? - Untitled
mike_c: tradingloser: if it makes you feel better, everyone who trades on those exchanges loses money.
mircea_popescu just checked stats, was blown away by last...4 days user count being ~above month avg~
tradingloser: okay.. so i guess im in a double whammy.. i suck at trading + on a site where people always lose money..
moiety: hey benkay, sorry laptop freaked out on me, how are you?
mircea_popescu: tradingloser they're called play exchanges for a reason.
tradingloser: yeah. im jsut here for trying to get some sympathy.
BingoBoingo: supay: You know what pretty much everyone here wants?
supay: BingoBoingo: what?
tradingloser: that's the most love I gotten since high school.
fluffypony: ok seriously going to bed now, k thx bye
ozbot: » Reporter is caught writing ‘blah blah blah blah’ in notebook while Senate candidate rambles
BingoBoingo: supay: Well, more implementations of the Bitcoin protocol would be nice. Clean minimalist full node implementations like Conformal did with btcd.
supay: BingoBoingo: I see.. interesting.
benkay: moiety: hacking on the porch with the boys
benkay: we set a pile of paper on fire earlier
BingoBoingo: supay: C, LISP, Python.... Language doesn't much matter beyond the thing being suprememly readable and not garbage like bitcoind.
supay: with a lit match or a magnifying glass benkay ?
supay: BingoBoingo: Okay..
tradingloser: Well hoping for a new start. I took what looks like the remains of neobee and cryptoshitstocks over to bitcoinbourse. hoping for the best.
moiety: benkay: did that paper deserve to die?
benkay: but in the wrong direction, tradingloser
benkay: moiety: who knows. just got a shredder, shredded a pile, torched it.
ozbot: BitcoinBeware - serialized delusions
BingoBoingo: supay: If you don't want to wait for other ideas, looking at this thing could be instructive.
supay: BingoBoingo: I agree. Thanks, am looking into it atm.
moiety: benkay: sounds way better than my day
BingoBoingo: supay: Just prolly avoid doing the thing in C++, PHP, or Java if you do try it.
moiety: benkay: just don't feel like a got anything done today and i hate days like that
supay: Yes of course.. Python should be a better..
mircea_popescu: <tradingloser> Well hoping for a new start. I took what looks like the remains of neobee and cryptoshitstocks over to bitcoinbourse. hoping for the best. <<< ahahah
BingoBoingo: supay: I know you mentioned Java is the main thing you've worked with. What other languages have you played with?
tradingloser: hopefully the multisig co and casino stock treats me bettter.
supay: BingoBoingo: I have maximum experience with Java. But my C and Python are pretty good too. Apart from that, I used to develop web apps. I'm great at the LAMP framework.
kakobrekla: tradingloser you should be thinking about breaking the cycle of bad decisions
bounce: how's your relational algebra?
BingoBoingo: supay: What kinds of things have you programmed in the past?
benkay: <supay> ... the LAMP framework. << o.O
supay: Desktop applications, mobile applications, websites. I have also done some penetration testing.
benkay: tradingloser: why aren't you happy to hold your coins yet?
BingoBoingo: tradingloser: Have you considered if you can't just hold coins, betting them at BitBet?
kakobrekla: put your coins in cold storage and lurk here for half a year
tradingloser: Honestly, I lost like 88% so I just put it in some escrow verification company that just earns revenue ripping people
pankkake: if anyone still cares: neobeeQ delisting the 5th
assbot: [HAVELOCK] [CFIG] 4 @ 0.0739125 = 0.2957 BTC [-] {3}
BingoBoingo: If you lose 88% at anything... How do you continue trying the same approaches that lost you the 88% without at least stopping to take a break?
pankkake: lel. havelock says they have no response whatsoever so that's the reason
assbot: [HAVELOCK] [CFIG] 2 @ 0.07060001 = 0.1412 BTC [-]
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03379403 = 0.2704 BTC [+]
mircea_popescu: so allegedly an alleged "compliance officer" that doesn't exist made a request (that doesn't exist) to suspend the trading of a supposed company with real assets that don't exist
mircea_popescu: and the exchange with the panama registration that doesn't exist complied
tradingloser: because i did that boring warren buffet thing where you know consistent revenue will come and you buy and hold for a long time. hopefully, multisignature is the future.
mircea_popescu: then re-opened trading, arbitrarily, on a new symbol, with new authority
BingoBoingo: tradingloser: That isn't the Buffet thing at all.
mircea_popescu: adn now are delisting the new symbol because... the inexistent officers of the inexistent company... failed to protest ?
pankkake: I'm afraid so, I forgot about the first suspension
mircea_popescu: i just had to pour myself a triple drink because well... my brain knotted.
mircea_popescu: "After the events of the last couple of days, we are very disappointed. The kickstarter Montrex project was to help build the Montrex brand. Ultimately, backers destroyed the brand and the reputation of the brand and its team."
mircea_popescu: team gumpy. "we are not fly by night. no. no. no we're not. no. yes we are."
mircea_popescu: "Because of the damage incurred... Because of the fact that we are being called thieves and con-artists and frauds without having done anything wrong"
atcbot: 22k@223 8k@223 0k@220 | 2k@170 10k@155 53k@152
bounce: wtf was up with the montrex drama? get your kickstarter 8x oversubscribed and sue the backers? what?
bounce: no, no I don't understand. but I don't think I want to understand either. esp. since I'm all out of drink.
assbot: Voicing supay for 30 minutes.
punkman: "We are sorry for those who have been damaged by this project, but you individually have definitely been damaged far less than we have been damaged. " < did btctalk come up with this yet?
supay: thank you BingoBoingo..
supay: kakobrekla: no i cant.
bounce: ;;gettrust assbot supay
supay: e tok bak iz ratingz =(
bounce: supay: you gotten around to mastering relational algebra, seeing how you claim "lamp stack" familiarity?
assbot: [MPEX] [S.MPOE] 10200 @ 0.00096567 = 9.8498 BTC [-]
supay: bounce: I am familiar with relational algebra yes, because I am in the sophomore year at my university and am studying RDBMS.
bounce: that's not a given, but good to know. which university?
supay: Manipal University.
mircea_popescu: "Manipal University is a name to reckon with not just in India, but the world over. "
bounce: because ``Manipal, today, is a knowledge powerhouse and a brand name in higher education.''
bounce: just so you know. don't forget to reckon with manipal.
supay: BingoBoingo: Not very much tbh. I usually work on Debian, Ubuntu and Arch.
supay: bounce: what do you mean?
jurov: supay if you "work" then you have something to show, no?
BingoBoingo: supay: If you wrote a guide to building Bitcoind 0.7 with the modifications to work on the right blockchain, on OpenBSD 5.5 I'd give you a plus one.
supay: wouldnt that be too much work BingoBoingo? :O
supay: jurov: you mean to ask me for samples of my work?
bounce: "truly unique" mass-produced thingies. marketeering at work.
BingoBoingo: supay: It's just building something that already exists. Less work than reimplementing the protocol.
supay: let me google that.
punkman: mircea_popescu: don't see anything there
bounce: clearly, you aren't a backer.
jurov: supay, such as, github stuff?
BingoBoingo: supay: Write a nice guide shoot it to me. I'll give you 0.01 BTC and a 1 rating on the WoT.
supay: BingoBoingo: sure! I'll give it a shot! :)
BingoBoingo: supay: If the like the guide I post it to my blog crediting you as the author and link to your WoT profile.
supay: That would be really nice.
supay: I'll get started right away.
ozbot: Montrex Watch Project - A Truly Unique Timepiece ( watches ) by Montrex Watches » re-branding updat
mircea_popescu: rebranding the successful brand that was utterly destroyed and etc.
BingoBoingo: supay: With OpenBSD remember to read the documentation before you install it. Also remember I want bitcoind 0.7, not the newer bullshit.
punkman: "This is the kind of stuff with which I have to deal due to the cyberbullying attacks on me. The girl, Allison, who was supposed to start working here, today, was a no-call, no-show. "
supay: BingoBoingo: yeah, got it! :)
BingoBoingo: Been a while since the Usagi name was invoked here.
ozbot: Montrex Watch Project - A Truly Unique Timepiece ( watches ) by Montrex Watches » No new assistant.
supay: BingoBoingo: yes, and thanks! :)
mircea_popescu: punkman basically, this is the bitcoin mining "projects" 100%
bounce: did they deliver anything in the meantime?
punkman: "But this time their cyberbullying campaign may have been a blessing in disguise. "
bounce: "never been arrested [...etc.]" -- so far gotten away with teh scammin, eh
ozbot: Iron law of oligarchy - Wikipedia, the free encyclopedia
ozbot: Why Rich Lacrosse Parents Are Making Their Kids Repeat A Grade
BingoBoingo: bitcoinpete: More parents Derping their kids to incompetence.
bitcoinpete: BingoBoingo: their wealth hath made them weak
bitcoinpete: back to the polls cuz gotta have 52 votes lol
bitcoinpete: bobby lee and some dude named brock pierce at the top of "round 1"
BingoBoingo: bitcoinpete: Of course it has, but I'm not sure calling it wealth is the right thing.
bounce: two industry seats. needs moar "none of the above"
assbot: [HAVELOCK] [B.MINE] 9 @ 0.0313999 = 0.2826 BTC [+]
bounce: in a way it's quite amazing people bet so heavily on "athletic scholarships"
bitcoinpete: cazalla: ige means something different to someone who took immunology...
bitcoinpete: bounce: spend hundreds of thousands for… a half that back. like a forum investment
bounce: maybe it has something to do with the well-known excreable state of middle management
BingoBoingo: bounce: It really is. Then again there is a huge difference between a poor kid from East St Louis pinning their hopes to an athletic scholarship and rich parents from DC doing the same.
ozbot: Bank of Canada not worried Bitcoin will replace cash - National | Globalnews.ca
bounce saw mention of a study or other that relatively way too many rich kids got scholarships. well, they can pay for the consultancies that know how to get 'em, can't they?
assbot: [HAVELOCK] [B.MINE] 11 @ 0.03139991 = 0.3454 BTC [+] {2}
bounce: so that's 2-of-3 and they have one, and you have two? or what?
bounce: it's still browser-based, so it has all the problems mega has.
assbot: [HAVELOCK] [NEOBEEQ] 12000 @ 0.00002002 = 0.2402 BTC [-] {2}
bitcoinpete: bounce: at best it's browser-based. at worst, as kanzure mentioned in the comments, they're full of shit
assbot: [HAVELOCK] [PETA] 5 @ 0.07 = 0.35 BTC [-]
bounce: assuming they're not, for the sake of argument, it's maybe not a bad design decision to have "the user" store something useless on its own, but useful in combination with the website OR in combination with the backup key the user stuck in his safe deposit box
ozbot: BTC Elevator (BTCElevator) on Twitter
bounce: as in, safer than a straight-up webwallet and more convenient than cold storage. as we've seen, there's a market for convenience, any convenience at all
bitcoinpete: bounce: but that's the exact same as a normal back-up with bc/info or a desktop client
bitcoinpete: bounce: there was a market for gox and bfl
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
bounce: sure. so if you produce a marginally safer thing and manage to have the crowd flock there you've improved overal security, however marginally
kakobrekla: unfortunately the thing is not too funny.
bounce: and, hm, assuming the in-browser problems are manageable you get a more convenient thingy than either a webwallet or a desktop client; can keep the user-hot key in, say, a webmail account somewhere without exposing yourself through the webmail account directly (unless the password is also in there)