dignork: nubbins`: well, the key is also somewhat questionable, but signed text contains links, formatted as html etc. no way to verify sig really.
dignork: anyway it's only marginally interesting :)
assbot: Casascius coins for sale: 2013 brass, silver; 2011 brass
assbot: [MPEX] [S.MPOE] 220 @ 0.00093385 = 0.2054 BTC [+]
assbot: [MPEX] [S.MPOE] 23910 @ 0.0009339 = 22.3295 BTC [+] {2}
dub: apparently activemining has been the victim of; personal attacks (including death threats) against the CEO, greedy and manipulating FUD, relentless trolling, viscous personal attacks on people's character and downright badness.
dub: yes viscous personal attacks
assbot: [HAVELOCK] [AM1] 5 @ 0.47500008 = 2.375 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 33000 @ 0.00093121 = 30.7299 BTC [-] {3}
assbot: [HAVELOCK] [CFIG] 2 @ 0.11 = 0.22 BTC [-]
assbot: [HAVELOCK] [CFIG] 9 @ 0.11887774 = 1.0699 BTC [+] {5}
assbot: [MPEX] [S.MPOE] 30300 @ 0.00092748 = 28.1026 BTC [-] {3}
assbot: [HAVELOCK] [B.SELL] 25 @ 0.02299992 = 0.575 BTC [+] {2}
gribble: Bitstamp BTCUSD ticker | Best bid: 516.01, Best ask: 518.18, Bid-ask spread: 2.17000, Last trade: 516.01, 24 hour volume: 17735.72693028, 24 hour low: 516.01, 24 hour high: 547.1, 24 hour vwap: 530.093943421
assbot: [HAVELOCK] [DEALCO] 73 @ 0.00267554 = 0.1953 BTC [-] {10}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.034 = 0.17 BTC [-]
assbot: [MPEX] [S.MPOE] 73900 @ 0.00093394 = 69.0182 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 24650 @ 0.0009269 = 22.8481 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 11 @ 0.0975 = 1.0725 BTC [+]
assbot: [HAVELOCK] [SCRYPT] 14 @ 0.0397 = 0.5558 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0345 = 0.1725 BTC [+]
assbot: [MPEX] [S.MPOE] 36024 @ 0.00092797 = 33.4292 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 28800 @ 0.00092718 = 26.7028 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 29917 @ 0.00092877 = 27.786 BTC [+]
assbot: [HAVELOCK] [HMF] 36 @ 0.00562245 = 0.2024 BTC [+] {5}
assbot: [HAVELOCK] [DEALCO] 41 @ 0.00250663 = 0.1028 BTC [+] {8}
assbot: [HAVELOCK] [SCRYPT] 21 @ 0.0397 = 0.8337 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 32050 @ 0.00092636 = 29.6898 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 2 @ 0.0975 = 0.195 BTC [+]
assbot: [HAVELOCK] [SCRYPT] 19 @ 0.039798 = 0.7562 BTC [+]
assbot: [HAVELOCK] [PETA] 8 @ 0.0975 = 0.78 BTC [+]
assbot: [HAVELOCK] [AM1] 9 @ 0.47002868 = 4.2303 BTC [-] {9}
assbot: [MPEX] [S.MPOE] 12200 @ 0.00092778 = 11.3189 BTC [+]
assbot: [MPEX] [S.MPOE] 25500 @ 0.00092778 = 23.6584 BTC [+]
assbot: [MPEX] [S.MPOE] 1826 @ 0.00092877 = 1.6959 BTC [+]
assbot: [MPEX] [S.MPOE] 7007 @ 0.00092877 = 6.5079 BTC [+]
assbot: [HAVELOCK] [CFIG] 1 @ 0.12000001 BTC [+]
assbot: [MPEX] [S.MPOE] 38100 @ 0.00093343 = 35.5637 BTC [+] {2}
assbot: [HAVELOCK] [SCRYPT] 32 @ 0.03880405 = 1.2417 BTC [-] {5}
assbot: [HAVELOCK] [SCRYPT] 10 @ 0.0387 = 0.387 BTC [-]
assbot: [HAVELOCK] [B.SELL] 28 @ 0.02309994 = 0.6468 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.02309982 = 0.1155 BTC [-]
assbot: [HAVELOCK] [B.SELL] 38 @ 0.02337368 = 0.8882 BTC [+] {2}
assbot: Bitstamp will not process withdrawal unless you prove the source of every coin you've ever traded on their exchange. : Bitcoin
assbot: [HAVELOCK] [SF1] 326 @ 0.00078971 = 0.2574 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 69 @ 0.00561092 = 0.3872 BTC [-] {3}
assbot: [HAVELOCK] [CFIG] 24 @ 0.11412685 = 2.739 BTC [-] {7}
assbot: [MPEX] [S.MPOE] 3834 @ 0.00093449 = 3.5828 BTC [+]
assbot: [MPEX] [FT] [X.EUR] 306 @ 0.00262291 = 0.8026 BTC [+]
fluffypony: dub: I wonder how long it's going to be till Ken Slaughter pulls a Danny and skips the country because of threats?
assbot: [HAVELOCK] [CBTC] 15000 @ 0.00011143 = 1.6715 BTC [-] {13}
assbot: [HAVELOCK] [PETA] 10 @ 0.0975 = 0.975 BTC [+]
pankkake: one of his cheerleaders also invented the "death threats" yesterday
pankkake: he blamed his failure to have chips on a "troll"
pankkake: and used it as a way to never release proof of new things he was claiming to do
assbot: [MPEX] [S.MPOE] 2637 @ 0.00093449 = 2.4643 BTC [+]
assbot: [MPEX] [S.MPOE] 42800 @ 0.00093452 = 39.9975 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 23500 @ 0.00093522 = 21.9777 BTC [+] {2}
punkman: MP goes away, the logs dry up, for shame
kakobrekla: someone audited their planes in the air thingy and got suspicious results
punkman: would be interesting if they had something other than noise/random, and more than 60 seconds
assbot: [MPEX] [S.MPOE] 8460 @ 0.00093145 = 7.8801 BTC [-]
assbot: [MPEX] [S.MPOE] 2433 @ 0.00093145 = 2.2662 BTC [-]
assbot: [MPEX] [S.MPOE] 7978 @ 0.00092911 = 7.4124 BTC [-]
assbot: [MPEX] [S.MPOE] 10322 @ 0.0009279 = 9.5778 BTC [-]
gribble: The expected time between blocks taking 1 hour and 0 seconds to generate is 2 days, 18 hours, 48 minutes, and 4 seconds
gribble: The expected time between blocks taking 2 hours and 0 seconds to generate is 3 years, 2 weeks, 5 days, 3 hours, 7 minutes, and 36 seconds
gribble: Bitstamp | Total bids: 11188128 USD. Total asks: 14820 BTC. Ratio: 754.91616 USD/BTC. | Data vintage: 0.0967 seconds
kakobrekla: punkman maybe its mike_c's game you are looking for
kakobrekla: perhaps best if you talk to him directly
assbot: [MPEX] [S.MPOE] 20000 @ 0.00092777 = 18.5554 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 23397 @ 0.00092705 = 21.6902 BTC [-]
assbot: [MPEX] [S.MPOE] 33541 @ 0.00092767 = 31.115 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.022 = 0.11 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0338851 = 0.1694 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 14059 @ 0.00093236 = 13.108 BTC [+]
assbot: [HAVELOCK] [B.MINE] 10 @ 0.033885 = 0.3389 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.022 = 0.11 BTC [-]
assbot: [HAVELOCK] [CFIG] 1 @ 0.114 BTC [-]
assbot: [HAVELOCK] [SCRYPT] 39 @ 0.03871548 = 1.5099 BTC [+] {8}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0225 = 0.1125 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 11491 @ 0.00092855 = 10.67 BTC [-]
assbot: [MPEX] [S.MPOE] 17595 @ 0.00092983 = 16.3604 BTC [+]
assbot: [HAVELOCK] [B.SELL] 13 @ 0.02330769 = 0.303 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0345 = 0.1035 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03461428 = 0.2423 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 10 @ 0.03525 = 0.3525 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0225001 = 0.225 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0225001 = 0.1125 BTC [-]
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03561428 = 0.2493 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0225001 = 0.225 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.034 = 0.17 BTC [-]
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0225001 = 0.225 BTC [-]
assbot: [HAVELOCK] [B.MINE] 10 @ 0.034 = 0.34 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 42 @ 0.0055901 = 0.2348 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 26011 @ 0.00093149 = 24.229 BTC [+]
assbot: [HAVELOCK] [RENT] 20 @ 0.0055901 = 0.1118 BTC [-]
punkman: fluffypony: these days I'm writing code, plumbing data, tech documentation, some research
fluffypony: hard to find competent C/C++ people nowadays
fluffypony: those that are around prefer embedded systems
punkman: you wanna make fluffycoins?
fluffypony: no, just have pieces of work that need doing
assbot: [MPEX] [S.MPOE] 7847 @ 0.00093149 = 7.3094 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 11 @ 0.4611819 = 5.073 BTC [-] {11}
assbot: [HAVELOCK] [SCRYPT] 8 @ 0.039415 = 0.3153 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 12301 @ 0.00093149 = 11.4583 BTC [+]
assbot: Up Close With the New MultiBit HD Bitcoin Wallet
assbot: [HAVELOCK] [AM100] 35 @ 0.00457 = 0.16 BTC [-]
fluffypony: BingoBoingo: why are there pictures of pizza in the slideshow
BingoBoingo: fluffypony: Because more than one thing sucks when CoinDesk writes about Multibit going to shit.
fluffypony: they just link it to their flickr stream
fluffypony: "meaning that you will be able to regain access to addresses created by MultiBit HD with a single ‘seed’ passphrase." - oh nice, so basically what Electrum has had for, what, 2 years?
assbot: [HAVELOCK] [SCRYPT] 4 @ 0.03949125 = 0.158 BTC [+] {2}
BingoBoingo: fluffypony: Sure, but I liked the old Multibit random wallet. That and electrum made a nice pair providing different kinds of addresses for different purposes.
fluffypony: losing privkeys in multibit isn't a great feature
assbot: [HAVELOCK] [PETA] 84 @ 0.0975 = 8.19 BTC [+]
BingoBoingo: Nah, it only created new random addresses when you prompted it to.
BingoBoingo: Which made it the standard for running single address wallets.
BingoBoingo: Then every version after 0.5.11 got shittier.
assbot: Price of Ripple Plummets as Co-Founder Plans 9 Billion XRP Exit
assbot: Circle Addresses Monetization Question, Teases Future Products
pankkake: actually, most of latest coindesk articles
pankkake: “We’re interested in the long-term value of digital money, not optimizing for minor short-term profit.”
BingoBoingo: I'm wondering when the heard will start calling out CoinDesk for constantly leading them over the cliff into the jaws of a Manul like a bunch of lemmings
assbot: Severe Vulnerability At eBay's Website - Slashdot
pankkake: I don't know, coindesk doesn't seem overly enthusiast about those things
BingoBoingo: pankkake: Well, they've tempered the slightest bit since enthusiastically hyping inputs.io
pankkake: ebay's website feels like legacy code on top of legacy code
assbot: Bitcoin Foundation Holds $4 Million in Bitcoin, Spends $150,000 Each Month
assbot: [HAVELOCK] [AM1] 3 @ 0.48464716 = 1.4539 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.48464749 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.48882592 BTC [+]
BingoBoingo: pankkake: I'm kind of doubting we'll see $10,000 BTC while they are solvent.
gribble: Current Blocks: 302416 | Current Difficulty: 1.0455720138484837E10 | Next Difficulty At Block: 304415 | Next Difficulty In: 1999 blocks | Next Difficulty In About: 1 week, 4 days, 13 hours, 19 minutes, and 4 seconds | Next Difficulty Estimate: 9871192145.72 | Estimated Percent Change: -5.59051
gribble: Bitstamp BTCUSD last: 522.52, vol: 11814.66616877 | BTC-E BTCUSD last: 513.657, vol: 7210.55587 | Bitfinex BTCUSD last: 525.0, vol: 10496.24282924 | CampBX BTCUSD last: 525.0, vol: 65.71557037 | BTCChina BTCUSD last: 521.56811, vol: 4601.66700000 | Kraken BTCUSD last: 525.92159, vol: 5.34193452 | Bitcoin-Central BTCUSD last: 524.72774, vol: 55.74181329 | Volume-weighted last average: (1 more message)
fluffypony: pankkake: so even if he only has half of his 9 billion XRP left that's still a cool US $15 million
pankkake: assuming there's a market for those
assbot: [HAVELOCK] [PETA] 15 @ 0.0975 = 1.4625 BTC [+]
assbot: [HAVELOCK] [PETA] 5 @ 0.0975 = 0.4875 BTC [+]
gribble: Nick 'fluffypony', with hostmask 'fluffypony!~fluffypon@geartri.be', is identified as user 'fluffypony', with GPG key id 7455C5E3C0CDCEB9, key fingerprint BDA6BD7042B721C467A9759D7455C5E3C0CDCEB9, and bitcoin address 1FAvFCgXBmJ4uV3p1NFzWkkyndH7FJ6Vzx
assbot: [HAVELOCK] [DEALCO] 71 @ 0.00249148 = 0.1769 BTC [+] {5}
bitcoinpete: punkman: MP goes away, the logs dry up, for shame << meh, he writes 300+ lines/day. if we're doing 1,000 - 1,200 in his absence, we're doing nicely
bitcoinpete: ;;later tell nubbins i have a couple of the lealana physical coins (2x10, 2x25) but i'm having a hard time figuring out what they're worth. could you point me in the right direction?
bitcoinpete: ;;later tell nubbins`i have a couple of the lealana physical coins (2x10, 2x25) but i'm having a hard time figuring out what they're worth. could you point me in the right direction?
peterl: note that just as MP leaves, the price of bitcoins jumps up. He was the one holding down the price all this time!
assbot: [MPEX] [S.MPOE] 3950 @ 0.00093492 = 3.6929 BTC [+] {2}
nubbins`: i don't deal in physical cryptos beyond casascius
nubbins`: check the goods and auctions subforums on btctalk, and then check ebay
nubbins`: aim for somewhere in the middle :D
bitcoinpete: there seems to be a decent number of the 10s for sale. pretty much zero 25s
nubbins`: 25s are a bit harder to move because not everybody has (25* [ticker --last]) in spare change to blow on a coin
assbot: Merlins Mint | The Future of Money
nubbins`: it's squarely in the realm of "luxury item" :)
nubbins`: he's also asking #30k for a 5btc casascius and #34k for a 25btc casascius
nubbins`: can't trust sites like that. "i am asking for this much money" != "it is worth this much money"
nubbins`: even ebay is a poor barometer in this regard
bitcoinpete: i even tried litecointalk w/o much success
nubbins`: if you don't mind me asking, how much did you pay for em?
BingoBoingo: I imagine physical lite coins might suffer a bit of a discount over C's bitcoins do the their creator, Smoothie's righteous trolling
nubbins`: i'm wary of non-casascius coins in general
bitcoinpete: BingoBoingo: what righteous trolling was this?
nubbins`: there are soooooooooooo many different kinds of physical coins out there now
nubbins`: and i doubt any of them have lasting value
bitcoinpete: nubbins`: i think it was around 200 ltc for the lot
gribble: Error: invalid syntax (<string>, line 1)
BingoBoingo: bitcoinpete: A lot of it was directed at BFL, it is one of the better parts of forum history
nubbins`: honestly can't be fucked to figure out gribble syntax, it's too early
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0355 = 0.142 BTC [+]
gribble: Bitstamp BTCUSD ticker | Best bid: 519.63, Best ask: 521.87, Bid-ask spread: 2.24000, Last trade: 521.87, 24 hour volume: 10287.52506963, 24 hour low: 515.4, 24 hour high: 537.0, 24 hour vwap: 525.889189973
nubbins`: given that litecoins are ~$12, maybe not so shweet?
nubbins`: anyway, it's bound to be confusing pricing these things in fiat
nubbins`: you bought 'em for ltc, gotta sell em for ltc :)
fluffypony: I haven't heard anyone outside of ZA call someone else "bru"
assbot: [HAVELOCK] [AM1] 2 @ 0.49099978 = 0.982 BTC [+] {2}
fluffypony: bitcoinpete: let me tell you about my idea for an EDM concert
fluffypony: guaranteed returns of at least 5584.12%
bitcoinpete: we're gonna be in every city in the us within a year
fluffypony: with my personal guarantee as the Most Trustworthy Name in Bitcoin Today
fluffypony: scratch that - every major city in the WORLD with a population above 500
assbot: [MPEX] [S.MPOE] 27300 @ 0.00093604 = 25.5539 BTC [+] {3}
bitcoinpete: i have much business experience from birthday party clowning
fluffypony: I have been assured by David Seamonster that he will do PR for us
fluffypony: nubbins`: apparently it's the Next Big Thing
bitcoinpete: i can even pay seamonster in submarinecoin
bitcoinpete: there are some gem comments in the anti-stamp reddit thread
bitcoinpete: "EVERY TIME BITCOIN RECOVERS SOME BULLSHIT LIKE THIS HAPPENS"
bitcoinpete: whoa is us, the redditards, ever victims of our upbringings
bitcoinpete: "But you can still withdram coins without this nazi-style questioning, right?"
assbot: [HAVELOCK] [PETA] 2 @ 0.0975 = 0.195 BTC [+]
assbot: [MPEX] [S.MPOE] 31436 @ 0.00093464 = 29.3813 BTC [-]
assbot: [MPEX] [S.MPOE] 21878 @ 0.00093625 = 20.4833 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 6164 @ 0.00093638 = 5.7718 BTC [+]
assbot: Kenya’s BitPesa Launches Beta Test of Remittance Service - MoneyBeat - WSJ
bitcoinpete: "BitPesa’s fee will be a flat 3%. BitPesa handles the entire transfer on both ends; users buy bitcoins on the one end, and recipients receive Kenyan shillings on the other."
bitcoinpete: "Nairobi is a cosmopolitan city of 3 million, with an educated professional class. 'They’re not just living in a hut.' "
assbot: [MPEX] [S.MPOE] 21144 @ 0.00093642 = 19.7997 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0355 = 0.1065 BTC [+]
assbot: VIX and More: Low Volatility: How To Profit From a Quiet VIX (Guest Columnist at Barron’s)
gribble: Bitstamp BTCUSD ticker | Best bid: 519.3, Best ask: 519.53, Bid-ask spread: 0.23000, Last trade: 519.53, 24 hour volume: 9960.40095559, 24 hour low: 515.4, 24 hour high: 535.99, 24 hour vwap: 525.874228967
assbot: [HAVELOCK] [B.SELL] 17 @ 0.02385294 = 0.4055 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 31000 @ 0.00093203 = 28.8929 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 40 @ 0.00446335 = 0.1785 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 248 @ 0.00442281 = 1.0969 BTC [-] {9}
assbot: [HAVELOCK] [AM100] 107 @ 0.00441002 = 0.4719 BTC [-]
assbot: [HAVELOCK] [B.MINE] [PAID] 2.05667048 BTC to 8`552 shares, 24049 satoshi per share
assbot: [HAVELOCK] [SCRYPT] 5 @ 0.039494 = 0.1975 BTC [+]
assbot: [HAVELOCK] [B.SELL] [PAID] 45.59524456 BTC to 8`552 shares, 533153 satoshi per share
assbot: [HAVELOCK] [PETA] 9 @ 0.0975 = 0.8775 BTC [+]
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0230001 = 0.23 BTC [-]
assbot: [HAVELOCK] [B.SELL] 85 @ 0.02178534 = 1.8518 BTC [-] {4}
assbot: [HAVELOCK] [B.MINE] 30 @ 0.03484272 = 1.0453 BTC [-] {3}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.02049999 = 0.1025 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 97 @ 0.02053135 = 1.9915 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 7 @ 0.0345 = 0.2415 BTC [-]
assbot: [HAVELOCK] [B.SELL] 122 @ 0.0216 = 2.6352 BTC [+]
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0340001 = 0.136 BTC [-] {2}
assbot: Renminbi: the worlds next reserve currency HSBC Global Connections
assbot: [HAVELOCK] [B.SELL] 11 @ 0.01890032 = 0.2079 BTC [-] {4}
assbot: [HAVELOCK] [B.MINE] 16 @ 0.03400004 = 0.544 BTC [-] {6}
assbot: [HAVELOCK] [B.EXCH] 15 @ 0.04954094 = 0.7431 BTC [-] {3}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.04954094 = 0.2477 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 13 @ 0.01773574 = 0.2306 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 8 @ 0.034 = 0.272 BTC [-]
assbot: [HAVELOCK] [SF1] 200 @ 0.00078135 = 0.1563 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 6 @ 0.02011767 = 0.1207 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 14 @ 0.02217921 = 0.3105 BTC [+] {3}
assbot: [HAVELOCK] [B.MINE] 12 @ 0.03373118 = 0.4048 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 53 @ 0.04954094 = 2.6257 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 25604 @ 0.00093176 = 23.8568 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 58 @ 0.01724504 = 1.0002 BTC [-] {9}
assbot: [HAVELOCK] [B.EXCH] 6 @ 0.04954094 = 0.2972 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 58 @ 0.03356487 = 1.9468 BTC [-] {8}
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03287433 = 0.263 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 8 @ 0.017 = 0.136 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 28 @ 0.04954094 = 1.3871 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 10 @ 0.03288058 = 0.3288 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 28 @ 0.017 = 0.476 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 8 @ 0.04954094 = 0.3963 BTC [-]
assbot: [HAVELOCK] [B.MINE] 18 @ 0.03252167 = 0.5854 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 11 @ 0.0975 = 1.0725 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.04954094 = 0.4954 BTC [-]
assbot: [MPEX] [S.MPOE] 29804 @ 0.00093677 = 27.9195 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.49099957 BTC [-]
BingoBoingo: Is this a penguirker problem or an RSS problem?
assbot: [HAVELOCK] [B.MINE] 9 @ 0.03225 = 0.2903 BTC [-]
CheckDavid: I wanted to ask something you guys certainly know the answer to.
CheckDavid: When and why does a company pay dividends vs reinvesting ?
dignork: CheckDavid: normally this happens when company cannot expand, so reinvesting doesn't make sense, think coca cola
nubbins`: generally a company pays dividends because its investors are fucking idiots and they want to start getting their money back immediately after investing it
nubbins`: oh, sorry, you were asking in a general sense?
dignork: CheckDavid: another case is legal, for example mREIT have to pay dividents
Mats_cd03: lots of reasons, but dividends are uncommon with e.g. startups, early phase corps
CheckDavid: Mats_cd03: I see. So when should a startup start paying dividends? And you have to admit, from startup to coca cola status is a long voyage.
dignork: CheckDavid: when you cannot think of expansion
CheckDavid: dignork: I find it hard to conceive of a business that can't think of expansion .
dignork: with coca cola, obviously they can spend their money in something else, get into banking business for example, but they can't do this
CheckDavid: A tech startup can develop new technology forever
benkay: right about now you're probably wondering why bitcoin fartups pay divs
dignork: well, yes. But if their earnings stop growing, it makes sense to start paying divs
dignork: no earnings growth == stock price is not raising
benkay: in the case of mpex, mpex is an an0 company. this isn't strictly true, in that the thing should theoretically show servers and datacenter rental costs (...). in the case of rentalstarter, well, why the fuck are they paying divs instead of reinvesting and growing NAV?
assbot: [HAVELOCK:RENT] 1D: 0.00559000 / 0.00574385 / 0.00589991 (266 shares, 1.52786307 BTC), 7D: 0.00559000 / 0.00588518 / 0.00648989 (1399 shares, 8.23336482 BTC), 30D: 0.00532500 / 0.00636853 / 0.00750000 (9061 shares, 57.70524944 BTC)
CheckDavid: Can't a business just pay bonuses to its collaborators and just avoid paying dividends forever?
benkay: you'll note that MPIF doesn't pay divs.
benkay: partner payments reduce net asset value of the operation.
CheckDavid: benkay: let's say I make you a proposal dorna very cool looking business
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0315 = 0.126 BTC [-]
benkay: dubious, but i'll listen.
CheckDavid: But you know nothing about how I'm going to turn a profit
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.04954094 = 0.1982 BTC [-]
assbot: [HAVELOCK] [SCRYPT] 17 @ 0.039494 = 0.6714 BTC [+]
CheckDavid: It could be a business that will never pay dividends
dignork: CheckDavid: Can't a business just pay bonuses to its collaborators => shareholders are kinda collaborators, so div are exactly this
CheckDavid: What's the incentive to pay dividends?
dignork: CheckDavid: because shareholders 'own' part of your business, so if your earning are not spent, you have to pays them
CheckDavid: You can always spend. That's the point.
dignork: blackjack and hookers do not count :)
benkay: if i know nothing about how you're going to turn a profit what the fuck?
benkay: one does not invest into black boxes.
benkay: one cannot possibly invest into black boxes.
benkay: that is not investing. that is gambling.
benkay: what is the point again?
CheckDavid: I didn't say invest. I said you are offered and ask what do you care about it.
benkay: on the surface of the proposition i don't give two fucks. you won't tell me how the machine works and I'm expected to make it go?
benkay: this model needs some serious constraints on it before i can make heads or tails of it.
benkay: maybe i'm just retarded...
CheckDavid: 5:46:57 PM • Mats_cd03 lots of reasons, but dividends are uncommon with e.g. startups, early phase corps
CheckDavid: So apparently this is common that businesses (startups) begin without defining how dividends will be paid
assbot: [MPEX] [S.MPOE] 18650 @ 0.00093708 = 17.4765 BTC [+] {2}
pankkake: BingoBoingo: I guess he added the utm_ trackers, and it thought it was new posts. as I said earlier, it's a very dumb algo :p
dignork: CheckDavid: at some point company may decide to pay divs, it doesn't have to be defined up front
CheckDavid: And I was just thinking that a business can be successful without paying dividends
CheckDavid: dignork: but can't it decide to never pay them as well and just reinvest despite its success ?
benkay: <CheckDavid> And I was just thinking that a business can be successful without paying dividends // this is correct.
benkay: <CheckDavid> dignork: but can't it decide to never pay them as well and just reinvest despite its success ? // also, true.
dignork: CheckDavid: usually board of directors can decide whatever the fuck they want, as long as it somehow legal
benkay: the dividend obsession in btc is kinda weird.
CheckDavid: So shareholders can be left with no dividends forever.
benkay: artifact of the early mining days?
benkay: ideally, net asset value increases disproportionately to the divs that woulda been paid out, as management is using that money to grow the company.
benkay: if the value of the asset is increasing over time, who cares about dividends?
dignork: CheckDavid: stock emission is a long con. fuck your investors, and then you'll have really bad price when you issue another batch...
benkay: (assuming a deep enough market to liquidate a given position...)
CheckDavid: benkay: but is it increasing ? If it yields bi return I would assume it has no market demand
benkay: the increase in value is the return.
benkay: if net asset value is above price, investors will buy it as the stock represents the assets on the books.
benkay: if net asset value is below the price, investors will sell it as the stock ibid etc
CheckDavid: I'm sure that's better reflected in businesses that have hard assets
benkay: if NAV increases over time (not a guarantee), you get return with no divs.
benkay: yeah will a business with no hard assets - what is it anyways
benkay: bitbet could refuse to pay divs and hold those btc on the books.
benkay: you'd get return (ideally) by asset value increase.
benkay: this is all predicated on trusting the issuer to run the thing correctly and the stock exchange to similarly do things correctly.
benkay: so what investments have you made lately, CheckDavid ?
benkay: ;;gettrust assbot CheckDavid
assbot: [MPEX] [S.MPOE] 1757 @ 0.0009359 = 1.6444 BTC [-]
assbot: [HAVELOCK] [SF1] 321 @ 0.00076863 = 0.2467 BTC [-] {8}
CheckDavid: 6:11:48 PM CheckDavid But btc on their books are less valuable to shareholders due to the risk of.losing them and other factors.
benkay: didn't know your timer'd run out
benkay: hey kakobrekla it'd be neat if the timer echo'd in here
benkay: dude give it a rest i don't fuck with people like that
benkay: i was confused to be quite honest
benkay: someone upped you, but you have l1 trust
benkay: <Mats_cd03> !up CheckDavid [16:41]
BingoBoingo: CheckDavid: You auth with gribble and !up on PM with assbot
benkay: consider it a benediction from your bitlord.
dignork: benkay: few minutes ago: -- | Mode #bitcoin-assets [-v CheckDavid] by assbot
benkay: dignork: ah i don't want to watch mode changes tho :(
benkay: joins are annoying enough to watch
benkay: some day we'll have enough people in assbot's wot that i can turn them off and let everyone else !up the noobs
dignork: i have join/leave filtered out
benkay: on an entirely different topic, what's the least awful bitcoin api to program against?
benkay: all i need is to watch an addr.
benkay: i think i just creamed myself
dignork: benkay: I'm currently playing with electrum, they have a simple pyhthon api
benkay: to the python api docs, that is
assbot: electrum/scripts at master spesmilo/electrum GitHub
benkay: still, how slick does bit-c look?
benkay: CheckDavid But btc on their books are less valuable to shareholders due to the risk of.losing them and other factors. << this is absolutely correct.
benkay: but a stock that has upside promise denominated in btc trumps btc alone.
assbot: [HAVELOCK] [CBTC] 1160 @ 0.00011399 = 0.1322 BTC [-] {5}
benkay: dignork: that's neat as well. not spv though.
benkay: do i actually want spv?
dignork: well, they have their own server, btw electrum also has it's own server
assbot: [MPEX] [S.MPOE] 24000 @ 0.00093316 = 22.3958 BTC [-]
dignork: for electrum i keep my own, so I do not depend on other servers well being
fluffypony: plus any client connects to multiple servers
fluffypony: AND the only way to discover more servers than the core list
fluffypony: and the server gets peers from #electrum on Freenode
fluffypony: subsequently, servers are checked by electra (a bot)
fluffypony: that kicks servers that don't present the correct block hash etc.
BingoBoingo: On that note I am off for a few units of time.
dignork: benkay: bitc spv thingy is neat, thanks
assbot: [HAVELOCK] [AM100] 250 @ 0.00440812 = 1.102 BTC [-] {6}
assbot: [HAVELOCK] [SCRYPT] 35 @ 0.03953427 = 1.3837 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 32 @ 0.018 = 0.576 BTC [-]
benkay: kakobrekla: should i be watching mode changes instead?
benkay: there's this implicit thing of upping new names that kinda requires i watch at least joins
assbot: Isn’t That Just Dandi?
kakobrekla: yeah thats a point benkay , but thats too much noise
kakobrekla: i think the modes are the small part of it
gribble: BingoBoingo was last seen in #bitcoin-assets 42 minutes and 5 seconds ago: <BingoBoingo> On that note I am off for a few units of time.
benkay: guess that's not so bad.
assbot: [MPEX] [S.MPOE] 20000 @ 0.00093316 = 18.6632 BTC [-]
assbot: [MPEX] [S.MPOE] 36128 @ 0.0009342 = 33.7508 BTC [+] {3}
benkay says without inspecting source
benkay: no coin control yet tho
benkay: seems to work as advertised...
assbot: [HAVELOCK] [B.EXCH] 100 @ 0.04954094 = 4.9541 BTC [-]
gribble: Time since last block: 14 minutes and 41 seconds
assbot: [MPEX] [S.MPOE] 23900 @ 0.00093433 = 22.3305 BTC [+] {2}
gribble: Time since last block: 47 minutes and 45 seconds
benkay: guess which human in this interaction I was: 18g8GMujcTg5HbaXMxFM92JLNm5eeayfnN
assbot: Bitcoin Meetup Portland Oregon: Skyhook ATM & More! - CoinJoint.info
assbot: [HAVELOCK] [SCRYPT] 3 @ 0.039001 = 0.117 BTC [-]
assbot: [HAVELOCK] [PETA] 2 @ 0.0975 = 0.195 BTC [+]
gribble: Bitstamp BTCUSD ticker | Best bid: 525.0, Best ask: 525.01, Bid-ask spread: 0.01000, Last trade: 525.0, 24 hour volume: 6821.00135225, 24 hour low: 515.4, 24 hour high: 533.33, 24 hour vwap: 522.430745202
assbot: [MPEX] [S.MPOE] 9250 @ 0.00093436 = 8.6428 BTC [+]
assbot: [MPEX] [S.MPOE] 40600 @ 0.00093614 = 38.0073 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 25441 @ 0.00093902 = 23.8896 BTC [+] {3}
assbot: [HAVELOCK] [PETA] 6 @ 0.0975 = 0.585 BTC [+]
assbot: [HAVELOCK] [PETA] 25 @ 0.0975 = 2.4375 BTC [+]
assbot: [HAVELOCK] [B.SELL] 16 @ 0.0194 = 0.3104 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 8 @ 0.031012 = 0.2481 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 8 @ 0.04954094 = 0.3963 BTC [-]
assbot: [HAVELOCK] [B.MINE] 8 @ 0.031001 = 0.248 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 78 @ 0.0194 = 1.5132 BTC [+] {2}
assbot: [HAVELOCK] [B.EXCH] 8 @ 0.04954094 = 0.3963 BTC [-]
benkay: ;;later tell chetty "buy in may and go away"
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0193999 = 0.194 BTC [-] {2}
gribble: Current Blocks: 302456 | Current Difficulty: 1.0455720138484837E10 | Next Difficulty At Block: 304415 | Next Difficulty In: 1959 blocks | Next Difficulty In About: 1 week, 5 days, 0 hours, 26 minutes, and 30 seconds | Next Difficulty Estimate: 9740824750.62 | Estimated Percent Change: -6.83736
assbot: BitBet - Difficulty at block 302,400 over 10 billion :: 0.05 B (11%) on Yes, 0.43 B (89%) on No | closed 1 week 3 days ago
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.04954094 = 0.1486 BTC [-]
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0194899 = 0.1949 BTC [+]
assbot: [HAVELOCK] [B.MINE] 8 @ 0.031001 = 0.248 BTC [-]
assbot: [HAVELOCK] [B.MINE] 4 @ 0.031001 = 0.124 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.04954094 = 0.1982 BTC [-]
assbot: [MPEX] [S.MPOE] 22902 @ 0.00093336 = 21.3758 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.04954094 = 0.2477 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 7 @ 0.031 = 0.217 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 7 @ 0.01874 = 0.1312 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 7 @ 0.04954094 = 0.3468 BTC [-]
assbot: [HAVELOCK] [PETA] 2 @ 0.0975 = 0.195 BTC [+]
assbot: [MPEX] [S.MPOE] 4900 @ 0.00093128 = 4.5633 BTC [-]
assbot: Betarigs - Cryptocurrency cloud mining
assbot: [HAVELOCK] [PETA] 2 @ 0.0975 = 0.195 BTC [+]
assbot: [MPEX] [S.MPOE] 15700 @ 0.00093055 = 14.6096 BTC [-]
assbot: [MPEX] [S.MPOE] 8769 @ 0.00092788 = 8.1366 BTC [-] {2}
assbot: LeaseRig.net - Mining Rigs - Rent and Lease Mining Rigs for Bitcoin, Litecoin and Altcoin Mining.
benkay: punkman: how long has this been a thing?
punkman: no idea, they have sha256 though
punkman: or not yay, we'll see next year
benkay: lol someone made all alt-bets i was noodling on but too busy to research properly
assbot: [HAVELOCK] [PETA] 10 @ 0.0975 = 0.975 BTC [+]
assbot: BitBet - ATC to reach block 50000 on time :: 2.15 B (23%) on Yes, 7.05 B (77%) on No | closing in 2 months 3 days | weight: 69`367 (100`000 to 1)
punkman: so if you rent some rigs, you can make that happen
benkay: where can i see network power graphs for alts?
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03099999 = 0.155 BTC [-]
assbot: Bitcoin Address 1ChancecoinXXXXXXXXXXXXXXXXXZELUFD
punkman: just gotta make sure it checksums
pankkake: yeah, it never got a transaction out
punkman: maybe they have the priv key though
punkman: can't believe people are still burning so many BTC to get into random lolcoins
pankkake: at least it's a type of stupid that make my bitcoins more valuable!
assbot: [HAVELOCK] [PETA] 3 @ 0.0975 = 0.2925 BTC [+]
atcbot: %t | %ticker | %book | %diff | %tx <tx_id> | %bal <address> | %mined | %block <block_height> | %lb | %tslb | %cm | %ptp | %help | %h
atcbot: [CoinMiner Hashrate]: 1.14 TH/s
gribble: Bitstamp BTCUSD ticker | Best bid: 524.55, Best ask: 527.0, Bid-ask spread: 2.45000, Last trade: 527.0, 24 hour volume: 5645.05881744, 24 hour low: 515.4, 24 hour high: 529.06, 24 hour vwap: 522.254417128
punkman: gotta say it only caught my eye because of the label
benkay: does altcoin have spv support?
benkay: o yeah, rasputin's great
punkman: " After a 2009 trademark-infringement claim was brought by California's North Coast Brewing Company due to the name's similarity to their existing "Old Rasputin" beer of the same style, De Molen changed the name on the American export label to "Disputin" in a humorous reference to the controversy."
assbot: [HAVELOCK] [AM1] 1 @ 0.49099957 BTC [-]