decimation: X-Rob, that's pretty neat to have a freepbx dev here. There needs to be some method to move some of this onto shortwave
TheNewDeal: ragnar, do you buy any btc at all? The localbitcoin prices around here are like 105% bitstamp minimum, more like 110% for anyone with some feedback
assbot: weex +v failed; L1: 0, L2: 0
mircea_popescu: TheNewDeal that's the situation universally. i keep getting offered in excess of 110% by ppl looking to buy.
weex: thanks mircea_popescu
weex: been a while since i was rated for anything
assbot: galimi on LocalBitcoins.com
TheNewDeal: I'm confused though, I would figure there would be a discount on cash
dignork: TheNewDeal: also for potential somewhat anonymity
TheNewDeal: they're avoiding tax with the sale though as well
mircea_popescu: cash is generally a liability when compared to bitcoin.
mircea_popescu: the thing with it is that it's a minor liability, when compared to major liabilities such as banking pseudobux.
mircea_popescu: however, the only people who accept the latter are people who also have some sort of insulation in place, so they don't actually care.
ThickAsThieves: i was thinking about how bitcoin exchange scam stories will never end really
ThickAsThieves: the power to make bitcoins will only get more and more tempting
ben_vulpes: "when they do work for it they roughly feel so used." << oh god its so rough
mircea_popescu: they just mostly failed a round of looking for moneyz i hear.
mircea_popescu: anyway, lots of "failed to close financing" stories begin to pop up.
ThickAsThieves: it wasnt even a normal human life, i just kinda needed to shut out even more of the world for a bit
RagnarDanneskjol: these long annotations exceeding blogged content are rather marvelous
RagnarDanneskjol: "Sure the super-heroine that cooks very well, enjoys her bukkake work and is a F1 pilot by day could exist, just like the sharpshooter specialist in classical Greek literature with a side of stockbrokering could exist. The odds however are too one in ten trillion for the mere ten billion population of the planet to provide. We have enough trouble getting eleven people together that can w
mircea_popescu: X-Rob 20 months is roughly 8 weeks and 2/3rds so how about nine weeks!
assbot: Analyzing Active Cancellation Stealth | Systems content from Microwaves & RF
X-Rob: mircea_popescu: 9 wedeks.
X-Rob: mircea_popescu: sure, sorry
X-Rob: (was just asked to make it public)(
mircea_popescu: ok, so start tomorrow or w/e it expires, BingoBoingo gives you details, i'll pay you in advance for first week
X-Rob: mircea_popescu: ok, 9 weeks, 2BTC for AusMiner-3
mircea_popescu: well you made a broken scamcoin i'm stuck rescuing >.<
X-Rob: mircea_popescu:1xrobauEmhLwVnTmLbs6M92n1xGFAFbgq is my address, and you're comitting to pay to that address .22BTC per week for 9 weeks, for a total of 1.98BTC. First payment will be within 24 hours, and then every 7 days after that. If you miss a payment, the deal is void, and I'll feel really annoyed, as I'm leasing below cost now, to average the price.
mircea_popescu: ill make it .24 for the first one so it comes out to an even 2 btc.
assbot: [MPEX] [S.MPOE] 7250 @ 0.00071254 = 5.1659 BTC [-]
mircea_popescu: ThickAsThieves you can rent his other rig for a few hours to help cut through the current glut.
X-Rob: And I need to find out why the big one is slow.
decimation: X-Rob: do you generally find that you can lease your rig for more than what the forecasted average payback should be? (on a per megahash per day basis)
X-Rob: decimation: yes. always. But that's because I provide a guaranteed hashrate, and I know what I'm doing.
X-Rob: I normally aim for 10% above theoretical
decimation: The mind reels. I guess people are willing to pay a premium for virgin coin?
X-Rob: and I idle against p2pool, too, which is almost always at 105% luck
X-Rob: decimation: It rarely mines btc.
decimation: I guess if you rent enough solo-mine capacity it becomes a casino game
X-Rob: I have found a couple of blocks for solo miners.
X-Rob: I found a 101G block, for a gujy who was solo mining.
X-Rob: that was pretty damn awesome.
X-Rob: mircea_popescu: I'm more of an engineer. I like setting it up and doing all the management
X-Rob: Actually ending up with coins is just the end result.
X-Rob: I have more fun with network design 8)
mircea_popescu: that's like, the one type this chan was missing, someone who actually enjoys that part.
decimation: seems like a surprisingly profitable business actually
X-Rob: It's just not as MUCH of a suckers bet as mining btc
decimation: X-Rob: what do you pay for electricity there in australia?
BingoBoingo: ;;rate X-Rob 1 He's going to point his hash somewhere
gribble: Rating entry successful. Your rating of 1 for user X-Rob has been recorded.
gribble: Successfully removed your rating for X-Rob.
X-Rob: BingoBoingo: IT'S 'XROBAU'
BingoBoingo: ;;rate xrobau 1 Going to point his hash, issues corrections
gribble: Rating entry successful. Your rating of 1 for user xrobau has been recorded.
X-Rob: decimation: A lot, but, I happen to have a power generation station as a customer, and I have a couple of racks in their computer room that I get for free.
assbot: [MPEX] [S.MPOE] 21650 @ 0.0007136 = 15.4494 BTC [+]
ThickAsThieves: "There’s Bitcoin and that’s it, because there can only be one. All the rest of the crap exists only inasmuch as a) it stays theoretical or b) it stays small enough nobody cares. Where a) and b) are only distinct in the derp point of view, otherwise they’re the same thing."
decimation: ThickAsThieves: because controlling the alternatives demonstrates power
mircea_popescu: decimation alternatively, how would you distinguish between atc and btc ?
mircea_popescu: an exact clone with a financial bridge. what is the distinction ?
decimation: technically not so much. only which is first in time
mircea_popescu: atc is strategically important because take for instance the link ThickAsThieves dropped from -dev earlier.
mircea_popescu: so here is a "witness" bitcoin, v 0.6 and there is your "improved" 0.10 (lulzy that it's not 1.0 anymoar)
☟︎ mircea_popescu: decimation more a witness. "so what is the net benefit of all your monkeying ? what doom have you avoided, what riches brought on ?"
decimation: indeed, memorializing Bitcoin v0.6 or whatever could serve many purposes
mircea_popescu: in this sense atc appreciating against btc is quite a negative signal for the power rangers.
mircea_popescu: ThickAsThieves which version is it even ? do you know ?
atcbot: [X-BT] Bid: 172 Ask: 221 Last Price: 170 24h-Vol: 0k High: N/A Low: N/A VWAP: N/A
gribble: Bitstamp BTCUSD ticker | Best bid: 506.53, Best ask: 509.89, Bid-ask spread: 3.36000, Last trade: 510.0, 24 hour volume: 10382.96421929, 24 hour low: 485.39, 24 hour high: 524.8, 24 hour vwap: 501.785089495
mircea_popescu: decimation aren't you impressed with two idiots that don't even know wtf version they cloned
mircea_popescu: eventually outperforming the "scientists" and "foundations" and whatnot ?
assbot: [MPEX] [S.MPOE] 38785 @ 0.00071218 = 27.6219 BTC [-] {4}
mircea_popescu: X-Rob 155b26aa0cb0f83f78dd8226bebf104a27f0f03c099f6a9ed690cd7028554822
X-Rob: mircea_popescu: fyi, just running a test of the big rig against that pool
mircea_popescu: and btw, if you don't get paid come and bitch, you're definitely getting paid just i may forget.
assbot: [MPEX] [S.MPOE] 13715 @ 0.00071168 = 9.7607 BTC [-]
assbot: [MPEX] [S.MPOE] 9055 @ 0.00071368 = 6.4624 BTC [+] {2}
decimation: that's a depressing conversation. THey would have a point of reference if someone actually documented the protocol.
ThickAsThieves: i remember when they forked, and there was outcry for documentation after
mircea_popescu: yeah, a year after i had been beating them over the head at every turn to fucking do it for like a year BEFORE that.
atcbot: [CoinMiner Hashrate]: 8.62 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 168599.82 in 1934 blocks (#46368) Est. % Change: -91.02
decimation: what about those guys writing the altnerative implementation? did they get their version working?
assbot: btcd - ConformalOpenSource
decimation: good, perhaps from this effort some documentation will rise
X-Rob: mircea_popescu: ok I found a block, you should see at least one transaction against that account ID
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 170331.42 in 1933 blocks (#46368) Est. % Change: -90.93
midnightmagic: fwiw, conformal's btcd segfaults if you sprinkle a forced garbage collection in the wrong place (wtf?), it built a block which some portion of testnet rejected and built a massive fork on over a period of a week, eventually crashing bitcoind (which perhaps suggests that it was btcd's own mining code that created the fork) and they keep taking credit for other peoples' ideas with a tremendous amount of completely unnecessary
X-Rob: BingoBoingo: sweet.
midnightmagic: setting side the superior net work that cooperating small groups can produce, if they did in fact come up with those ideas their hostility for other people "stealing" them would perhaps be a tad more warranted.
midnightmagic: but I'm glad they have an alternative implementation running and syncing.
midnightmagic: we need more of those that can act as full nodes minus mining
mircea_popescu: cooperation is the bane of small anything. the reason afghanistan is stil a state whereas the united kingdom is a us dependency has everything to do with the mutual hostility of small groups of afghans. that aside, very little creative work is required or indeed desired in this soup.
mircea_popescu: losing sight of this basic concept is part of what makes the power rangers so retarded.
midnightmagic: i agree at that level. :) I'm talking five-ten people.
midnightmagic: creative cryptography is the only thing that will scale us. :(
decimation: midnightmagic: what kind of cryptographic problem must be solved?
BingoBoingo wonders is "creative locksmithing" is a thing
mircea_popescu: no noteworthy advance in cryptography has ever - in three thousand recorded years - the work of a group of five people, let alone ten
mircea_popescu: two are usually plenty, just gotta find the right two.
decimation: yeah, mythical man month and all that.
assbot: [MPEX] [S.MPOE] 8449 @ 0.00071372 = 6.0302 BTC [+] {2}
X-Rob: mircea_popescu: ok, when this lease is over, it should automatically switch over to that pool.
mike_c: wtf, twoplustwo is talking about ethereum now??
assbot: Get Social Bitcoin Store Theme With HUGE BONUS & DISCOUNT - Create Your Own eCommerce Store Today
midnightmagic: ehh.. a brainstorming group of people can generate and then refine, an idea faster than a singular person working alone if the idea is complex. see BIP32 for example, which is the idea of one or two people, but was furthered and fleshed out by more than one.
midnightmagic: decimation: how to represent changes in the blockchain reasonably securely without having the entire blockchain available, for example
mircea_popescu: <midnightmagic> ehh.. a brainstorming group of people can generate and then refine, an idea faster than a singular person working alone if the idea is complex. << statement doth not equal proof.
midnightmagic: working on a codebase of sufficient size is not reasonably doable for a single person, even if that person is working full-time. Temporarily divergent codebases similar to, e.g. NetBSD and OpenBSD, are an excellent example of the fruits of multiple, medium-sized groups working on partially-divergent codebases who together created more in a cohesive whole than either group did on their own.
mircea_popescu: this is why you split codebases into things a person can handle.
mircea_popescu: cazalla "People like Vitalek who spout off at the mouth are going in the wrong direction and taking you with them, making themselves richer and you poorer in the process." what's more, the you+them sum is also poorer. but yeah.
mircea_popescu: i would submit they're past their prime and the what has already been heard of them is the most that'll ever be heard of them.
mircea_popescu: exactly a la neobee and it's take over cypruss paper-only revolution.
mike_c: ben_vulpes: login still feels buggy.. i just logged in successfully, but am now logged out.
[]bot: Bet placed: 1 BTC for Yes on "Bitcoin over $600 before October"
http://bitbet.us/bet/1025/ Odds: 92(Y):8(N) by coin, 92(Y):8(N) by weight. Total bet: 1.36983186 BTC. Current weight: 96,855.
ben_vulpes: mike_c: do you recall the sequence of pages that you hit?
assbot: [MPEX] [S.MPOE] 14746 @ 0.00071113 = 10.4863 BTC [-] {2}
mike_c: i was on venue page. logged in separate tab. then clicked 'purchase ads'
mike_c: it said 'you're not logged in'. clicked other pages, same result.
mike_c: so logged in again, then it worked.
mike_c: also, i just bought ad for 8/18-8/19, and it is showing now.
assbot: BtcAlpha.com F.MPIF Tracker estimated NAV per share: 0.00021697 B (Total: 474.46 B). Delta: -0.06 B. Last trade for F.MPIF on MPEX was at 0.00022 BTC [+]
mike_c: fuck, is it 8/18 already in london?
mike_c: ok, that one is my fault.
ben_vulpes: sorry gotta bail for a sec guys, but yeah utc. i'll add a callout, sry mike.
mike_c: 2 hour donation to vanads.
mike_c: feature suggestion: given text ads, simple parameters, an api would be nice.
mike_c: step 1: make OTP like gribble so i can curl it
ben_vulpes: still, i have to polish this ball of mud to the point where people besides our little cult will throw money at it, and other people are willing to put its ads on their sites first.
mike_c: well isn't that what we're talking about?
ben_vulpes: i still have to prioritize all the possible things to do
assbot: SCOTT AIR FORCE BASE: DOD, where's my car? Transcom searches for missing vehicles | Top Stories | News Democrat
atcbot: [CoinMiner Hashrate]: 1.42 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.49 TH/s
TheNewDeal: so far what I have learned from A Few Thoughts on Cryptographic Engineering: long keys are unsightly, shrink them down to a size that can be visually verified by a human
dignork: TheNewDeal: gpg has a fingerprint, relatively short string identifying a key, it can be visually verified by human.
TheNewDeal: didn't even think of that. Was a joke nonetheless
assbot: [MPEX] [S.MPOE] 11600 @ 0.00071377 = 8.2797 BTC [+] {2}
ben_vulpes: <mike_c> step 1: make OTP like gribble so i can curl it << i'm leaning more towards a gpg-encrypted api; that is to say, curl -X POST -d file_with_signcrypted_order_blob.txt api.van-ads.com/v1/drinkingrecord/buy
ben_vulpes: i'm not *not* making you a gribble-style endpoint, just pondering aloud
atcbot: [CoinMiner Hashrate]: 1.45 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 170384.84 in 1932 blocks (#46368) Est. % Change: -90.93
assbot: [MPEX] [S.MPOE] 10100 @ 0.0007105 = 7.1761 BTC [-]
mod6: <+mircea_popescu> WHY SO VIOLENT MOD6! << haha.
mod6: that was pretty funny. i just had gotten started in eulora, and hadn't figured out how to pick anything up yet. so i tried to fight it.
mircea_popescu: TheNewDeal> is A Wealth of Nations a good read? << not bad.
TheNewDeal: seems like I'm getting meh reviews. On with the HG Wells then
mircea_popescu: "My trust in government is roughly 0% ... the problem is my faith in people and companies to get over their fear of government and change the status quo is also 0%. For that reason, even if the flaws in Bitcoin could be resolved, the fact that it exists outside of the government's control of the financial sector adds a huge element of risk. "
mircea_popescu: his faith in govt is 0% yet things not in the govt add a huge element of risk.
mircea_popescu: "i like saying that racism is bad to try and score chicks and i hate niggers and spics."
mircea_popescu: "i have no trust in government and anything not the government is mean and bad."
assbot: [MPEX] [S.MPOE] 19900 @ 0.00071058 = 14.1405 BTC [+]
mircea_popescu: mad props for reducing the whole story to the familiar form of the ron paul debate tho. "the flaws in bitcoin" and "people do things"
mircea_popescu: meanwhile, bitcoin is flawless and nobody needs to do anything whatsoever
TheNewDeal: I wonder if someday these people will be forced into understanding, or continue to be galavanting neurosis
mircea_popescu: here's an element of risk : visa misplaces something to the tune of 1k payments EACH MONTH.
mircea_popescu: total btc payments that didn't go where they were supposed to or got lost to date ? 0.
mircea_popescu: that's an infinity of orders of magnitude better, or as many as you can count. flaws in bitcoin my left foot.
ben_vulpes: perhaps an academic distinction, but the people misfire all the time
mircea_popescu: im not discussing the millions of txn that get misfired on the ccs.
assbot: [MPEX] [S.MPOE] 11851 @ 0.0007117 = 8.4344 BTC [+] {2}
usagi: I'll be back in a second, some contractors are over here now
usagi: Yeah I haven't been here in 9 months
usagi: I've been busy. But today is a big day :)
☟︎ usagi: TheNewDeal; Hmm, well I don't really follow the securities forum anymore
usagi: Well I ran TU.SILVER, BMF, etc.
TheNewDeal: what happened, if you could give me the tldr
usagi: I'm getting the funny feeling you are insinuating I've been scamming without actually knowing what went on
usagi: I don't think you're cutting me a fair deal. That's also fair in a way, I can't make you like me. But don't waste my time kay
Duffer1: is internet, hate first, question later
usagi: Well basically I ran Tu.SILVER on bitfunder, and when bitfunder closed down I had to ship everyone their silver
usagi: The deal with TU.SILVER is the same as with BMF. It never wanted to close, but it did because the exchange folded. In TU.SILVER's case, we were a depository. So there are still a few customers who have not requested their silver
usagi: I have about 20oz or so lying around belonging to others
usagi: The other side of the coin is over here on #assets
usagi: If you have been here for any length of time you are aware the regulars here like to name drop that I am a scammer
usagi: It's a bunch of horeshit, but it is what it is.
TheNewDeal: not sure about your case in particular, but they usually can smell a scam out before it stinks
usagi: In this case, mircea popescu personally does not like me because I can out-talk him.
usagi: So he put me on ignore and that's that, I'm never getting out of this prison
usagi: We all have our specialities
TheNewDeal: If I were a scammer, I know which one I would prefer
usagi: To be honest the main reason I dont come here so often is because it is a waste of time :/
usagi: Very few of my business ever came from IRC, and all of the negativity did
usagi: I've made much more avoiding it
usagi: Besides I deal in physical things, real estate, and education -- these are not the sort of businesses that get funding here
usagi: Well yeah you're right. I havent been around for a long time :)
TheNewDeal: you do have a fair amount of wot data, which is always nice
usagi: Well WOT is an interesting subject.
usagi: MP himself has written a number of interesting articles about it. Gotta hand it to the man he is educating people somewhat
usagi: I did an insurance contract with anduck about 2 years ago iirc
usagi: The funny thing about wot is it is actualy disproving some of the crap people like bingoboingo have said about me
usagi: They put so much faith in the system, yet seem blind to what it is telling them.
TheNewDeal: I had the impression that WOT doesn't tell you something, it merely points you in the direction of people to talk to in order to format an opinion
usagi: thenewdeal; So if you talked to everyone I have a rating with, what would you see
usagi: You would see that everyone I do business with likes me
usagi: but that there's a small clique of people on #assets that hate me because bitcoin
TheNewDeal: or you do business with other scammers?
TheNewDeal: I just took a glance, I haven't talked to anyone
danielpbarron: hey, you got people's attention; now if you start doing something that's good for Bitcoin, maybe it'll turn into good attention
usagi: Well, check it out
BingoBoingo_: usagi: You are the most dangerous kind of Idiot, because you seem to sincerely believe that your good intentions make up for all of your poor outcomes
usagi: Bingo, you hate me because I spoke the truth about you
usagi: Bingo, Rating me -10 because of that is a little pathetic
usagi: Anyways, to cut this shitball short. If bingo or anyone has any actual proof that I have had poor outcomes beyond that which is normal
TheNewDeal: well give me the longer version of what happened to your prior enterprises, and let me actually format an opinion
usagi: LIke I said bingo. The difference between you and me as a fund manager is that I have lived through 3 exchange closures and you suck up to the crowd here
TheNewDeal: well if you pick bullshit "exchanges" in the first place, aren't you asking for trouble?
danielpbarron: some wallet got lost because the rented server something something hardware
usagi: TheNewDeal; Like I said; TU.SILVER paid out everyone what was owed. BMF merged with Tu.SILVER, and I'm paying off the investors. I just made two payments this weekend to investors. I'm handling it.
usagi: TheNewDeal; What's a bullshit exchange?
usagi: TheNewDeal; No, they are compliant
BingoBoingo_: I don't run a fund, I play with MP's money and he repackages it as part of his fund.
Duffer1: compliant with gettin dat paper from suckers
usagi: Bingo you do what you feel you need to do. I don't know you
assbot: [MPEX] [S.MPOE] 8363 @ 0.00071315 = 5.9641 BTC [+] {2}
TheNewDeal: their compliant with the foremost popular scammiest exchange at the moment
usagi: TheNewDeal; You poor soul. You've been infected.
usagi: Here's a question I'd love MP to answer
usagi: Back in the day -- can anyone tell me -- what was the difference between GLBSE and MPEX? To prove a point
TheNewDeal: didn't glbse promise returns , like a pyramid scheme?
usagi: pgp keys do not shield you against legal action by the government
usagi: The issue is that no one really knew how things would play out
BingoBoingo_: mircea_popescu never got off a plane without anything identifiable to customs as money to support himself?
usagi: But MP kept shitting all over GLBSE. Maybe he knew something, maybe he didn't, back then we didn't really know
usagi: Today, I'm seeing the same thing with havelock. But with havelock the situation is different. I have been informed they are compliant.
usagi: So the party line does not apply as far as I know. If you have different information I would love to hear it
usagi: The government has nothing to do with this
usagi: The government has as much to do with bitcoin as it does with you believing in the whole bible
usagi: If you have to fight the government for your freedom then do so, beyond that I don't see what dragging the us government into things accomplishes
usagi: <+danielpbarron> Bitcoin is not about teaming up with the USG
usagi: yeah and I'm not a tomato lol (relevance?)
usagi: I gotta go :/ will be back I suppose, toodles
TheNewDeal: another interesting character in the history of bitcoin...
danielpbarron: 12:23 <+usagi> pgp keys do not shield you against legal action by the government << maybe you are a tomato
assbot: [MPEX] [S.MPOE] 9250 @ 0.0007134 = 6.599 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 23400 @ 0.00071191 = 16.6587 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 1517 @ 0.00071494 = 1.0846 BTC [+]
assbot: Tonight, /hashtag/Ferguson?src=hash cops have:* Tear-gassed an 8-year old* Driven a truck through a crowd* Threatened to kill a reporter on air
BingoBoingo_: Tonight, #Ferguson cops have: * Tear-gassed an 8-year old * Driven a truck through a crowd * Threatened to kill a reporter on air
ben_vulpes: i was going to ask you what the story was over there, bb
BingoBoingo: ben_vulpes: Basically the first night when the Highway Patrol took over there was much peace and reconciliation like Christmas 1914. Then the shitstorm resumed.
Duffer1: turns out state troopers are still cops...
assbot: [MPEX] [S.MPOE] 11000 @ 0.00071582 = 7.874 BTC [+]
BingoBoingo: Duffer1: Well, it seems the chain of command is either ineffective or non-existent
Duffer1: it sounds like the local police captn has zero respect for the mayor
Duffer1: or the mayor is saying one thing and making the police do another
BingoBoingo: Well, the problem with this cooperative multiagency deal is that no one knows what's going on and no one is effectively in charge
ben_vulpes: if the folks in power'd just let the angry people run in circles for a day or two this shit'd have burnt itself out, no? instead, they make the whole thing worse.
assbot: Twitter coverage from reporters, officials in Ferguson
BingoBoingo: I mean the 1992 LA riots only really lasted what, six days?
assbot: [HAVELOCK] [AM1] 5 @ 0.288 = 1.44 BTC [+]
assbot: [MPEX] [S.MPOE] 8150 @ 0.00071642 = 5.8388 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 18200 @ 0.00071745 = 13.0576 BTC [+] {2}
gribble: rg was last seen in #bitcoin-assets 1 year, 35 weeks, 0 days, 8 hours, 18 minutes, and 27 seconds ago: <rg> good times
TheNewDeal: pete, did you ever deal directly with usagi?
TheNewDeal: pete_dushenski did you ever deal directly with usagi?
assbot: [MPEX] [S.MPOE] 18150 @ 0.00071538 = 12.9841 BTC [-] {2}
gribble: Bitstamp BTCUSD ticker | Best bid: 492.0, Best ask: 492.99, Bid-ask spread: 0.99000, Last trade: 493.54, 24 hour volume: 10808.57390774, 24 hour low: 485.39, 24 hour high: 521.92, 24 hour vwap: 499.397297578
TheNewDeal: like did you buy shares in any of his companies, buy silver from him, etc?
gribble: Nick 'pete_dushenski', with hostmask 'pete_dushenski!~pete_dush@unaffiliated/pete-dushenski/x-8158685', is identified as user 'pete_dushenski', with GPG key id 165749929F9A6BDD, key fingerprint E6625CC14638C4CA404694E9165749929F9A6BDD, and bitcoin address None
assbot: Who Are We? Not Nationals | Contravex: A blog by Pete Dushenski
BingoBoingo: ;;google site:trilema.com nations are hotels
assbot: Rape is fun, or let’s fuck up Adria Richards pe Trilema - Un blog de Mircea Popescu.
assbot: Patriarchy is a thing because nobody likes living in a world populated by little girls pe Trilema - Un blog de Mircea Popescu.
ben_vulpes: "i may not agree with what you say, but i'll defend to the death your right to say it"
ben_vulpes: maybe not *you* and maybe not *my* death, but you get the picture.
assbot: Tara ca un hotel, sau o schimbare de perspectiva pe Trilema - Un blog de Mircea Popescu.
assbot: [MPEX] [S.MPOE] 5650 @ 0.00071483 = 4.0388 BTC [-]
BingoBoingo: Anyways pete_dushenski That Trilema goes nicely with your newest post.
atcbot: [X-BT] Bid: 172 Ask: 221 Last Price: 170 24h-Vol: 0k High: N/A Low: N/A VWAP: N/A
BingoBoingo: pete_dushenski: If you're going to really be the best MP scholar you can be, you need to be able to tackle the Romanian writings
pete_dushenski: lol not an impossible task between my french and spanish
pete_dushenski: BingoBoingo: i saw in teh logs that you're picking up quite a bit of romanian
BingoBoingo: It definitely isn't an impossible task. Certainly more rewarding that going around like a certain someone who imagines "<usagi> In this case, mircea popescu personally does not like me because I can out-talk him."
BingoBoingo: pete_dushenski: Not really picking up romanian in a generally useful way, just dictionary assisted reading.
pete_dushenski: that still opens up a whole whack of material, which is really the point
assbot: GAWMiners Introduces Hashlet; Shopify Crashes » CryptoCoinsNews
BingoBoingo: ;;later tell Heysteve Have you thought about taking your reporting talents elsewhere or going independent? The general quality of this thing you are writing for seems to be tanking and an exit plan is probably advisable.
assbot: [MPEX] [S.MPOE] 3583 @ 0.00071483 = 2.5612 BTC [-]
assbot: Opinion: My Motivation - Coin Fire
cazalla: ccn is one of the spammiest blogs out there, it improved a little over the past year but it's just as bad as coindesk
cazalla: and nfi why you need a kickstart for something like coinfire
cazalla: i had a diablo blog doing 1m uniques a month and it was fine on $20 month vps
BingoBoingo: I mean my shared hosting survived an intense /. admirably though my long term plans for the blog lean towards dedicated hardware for other reasons.
cazalla: ccn had a scammy investment club of which altcoins they were gonna pump and even went as far as publishing an article apologins for all the spammy shit they post
cazalla: if i had to guess, the site was prob sold to someone else who did it up
cazalla: i'm trying to find the article atm BingoBoingo
assbot: Invest and Trade Cryptocurrencies » CryptoCoinsNews
cazalla: hmm, a lot of the older posts have been deleted
assbot: Primecoin is STILL our best investment advice, recent actions verifies the shift - Cryptocurrency News, Bitcoin Trading Analysis | Cryptocurrency News, Bitcoin Trading Analysis
mircea_popescu: <usagi> But MP kept shitting all over GLBSE. Maybe he knew something, maybe he didn't, back then we didn't really know << i knew things the lot of you didn't before it was even cool.
mircea_popescu: nothing's changed since 2011 but the knowledge gap. much deeper nao.
mircea_popescu: <usagi> yeah and I'm not a tomato lol (relevance?) << check it out kako. tomato is not a scammer either!
BingoBoingo: mircea_popescu> nothing's changed since 2011 but the knowledge gap. much deeper nao. << Probably the reading comprehension gap as well
assbot: [MPEX] [S.MPOE] 31036 @ 0.00071144 = 22.0803 BTC [-] {4}
BingoBoingo: Information is worthless in the hands of people who can't interpret it
cazalla: BingoBoingo, i can't find the apology article, perhaps it's been removed but that sites was taking reddit posts, rewriting them, upboating them to the top and attracting a lot of traffic, i speculate the site was sold to someone who wanted to do it up and improve the quality but no proof, just a hunch
assbot: usagi +v failed; L1: 0, L2: -5
cazalla: plus it's in google news feed which is valuable
usagi: Hi. If you have something to say about me Bingo, say it to me and not behind my back please.
usagi: Have you ever dealt with me directly? Invested in anything I've run?
usagi: Do you have any evidence that I have scammed or stolen anyone's bitcoins?
usagi: I'm just curious since you're very new here, comparatively, and yet you seem to know so much about people you have never met
usagi: I haven't been here in 9 months, since that time you have established yourself in this community. I find your case in particular very interesting.
BingoBoingo: usagi: I've read the history and your interactions with others. I actually don't think you are a scammer at all. I still think you are incredibly dangerous.
BingoBoingo: I first appeared in this channel early 2013
usagi: Why do you think I'm dangerous? I'm interested in learning precisely what it is you feel I should learn.
BingoBoingo: Well what does pete_dushenski learn? It's less any particular skill set and more your general recklessness.
usagi: Pete dushenki is a lot like you
usagi: You formed an opinion of me based on what other people have said
mircea_popescu: assbot: Tonight, /hashtag/Ferguson?src=hash cops have: * Tear-gassed an 8-year old * Driven a truck through a crowd * Threatened to kill a reporter on air << that shit still going strong huh.
BingoBoingo: A lot of it was from things you've said as well, I mean forum posts channel logs (here and -otc)
mircea_popescu: BingoBoingo: I mean the 1992 LA riots only really lasted what, six days? << how long do you think a town will burn.
BingoBoingo: mircea_popescu: If it didn't seem destined for the BadBat category would make an interesting BitBet
usagi: Well Bingo it's true I am eccentric. I am pretty sure a lot of people think i'm nuts. But dangerous? I'm just asking what the deal is with that one
assbot: Police States and Inner-City Economics - Ryan McMaken - Mises Daily
usagi: Frankly, you decided to rate me without ever having chatted with me
assbot: Lost Bitcoins -- Did you just get 0.2 bitcoins?
usagi: And it's likely as a result of the continuous name dropping in this channel despite me not being here for 9 months.
usagi: Bingo, when tahoe-lafs loses a 300 btc private key, the situation is "sad". When I lose zero BTC in a development site web wallet I get videos made about me.
BingoBoingo: usagi: I've chatted with you before several times. Your memory's reliability is not my concern.
usagi: No we haven't really chatted
mircea_popescu: <usagi> Well Bingo it's true I am eccentric. I am pretty sure a lot of people think i'm nuts. But dangerous? I'm just asking what the deal is with that one <<< you massively overestimate your own ability, and then derp about it in an unconvincing but ceaseless manner which entraps the more idiotic bystanders.
usagi: Ehh I thought you had me on ignore?
BingoBoingo: usagi: We've chatted several times in this channel last summer
usagi: Well mp if you have any advie for me go ahead, I'm all ears
mircea_popescu: the advice is to stfu and read. which is hopefull what yu've been doing the past year or so
mircea_popescu: and that way i won't have to put you back on ignore either.
gribble: grubles was last seen in #bitcoin-assets 22 weeks, 5 days, 6 hours, 48 minutes, and 44 seconds ago: <grubles> didnt know ^_^
mircea_popescu: BingoBoingo: pete_dushenski: If you're going to really be the best MP scholar you can be, you need to be able to tackle the Romanian writings << sorry folks. i didn't do it on purpose, i just had nfi we'll end up here.
mircea_popescu: (and i didn't think much of english speakers back in 2010, either.)
pete_dushenski: mircea_popescu finally finished the monumental flesh vs. machine article. doesn't seem your thoughts on english speakers have much changed.
mircea_popescu: well if it makes you feel better i have a lot of disdain for romanians too.
pete_dushenski: the only part of the article i didn't totally grok was the aryan bit
pete_dushenski: what do aryans have to do with snowden, charlotta, etc?
mircea_popescu: well i imagine asciilifeform's theory is that snowden is kosher while i gave manning as an example of not.
mircea_popescu: i dunno if that's particularly contemplated. whenever asciilifeform uses that i just replace with "secret agents"
pete_dushenski: if it's any kind of preference or rubric at all, it's horribly neglected
pete_dushenski: well if the skvirels are selecting agents based on a code of sorts, and letting in mannings and the like while pretending to do so, this is a bit like soccer players who speak of professionalism and dive when their opponent looks at them funny
pete_dushenski: perhaps a better example is the stereotypical catholic schoolgirl
xmj: what is it with catholic schoolgirls these ays?
xmj: they're damn pervasive, you find them everywhere.
mircea_popescu: i mean asciilifeform needs it to prop up his "competence behind the incompetence" theory, but otherwise in practice it's not observed.
pete_dushenski: very proper on paper, but filth nasty when the bell rings
pete_dushenski: those plaid skirts are hanging from the ceiling fan ;)
assbot: NSA privacy invasion bad, but nothing compared to Google.
mircea_popescu: he;'s just buttsore that google indexes trilema better than newscorp.
gribble: You rated user grubles on Fri Nov 23 22:04:49 2012, with a rating of 1, and supplied these additional notes: None.
fluffypony: does anyone know BitcoinBear from btctalk?
fluffypony: he posted in a stack of mpex threads in 2013
assbot: View the profile of bitcoinbear
mircea_popescu: cazalla: i had a diablo blog doing 1m uniques a month and it was fine on $20 month vps << that's pretty impressive for the vps.
assbot: Ferguson: police fire tear gas at protesters before second night of curfew.
fluffypony: and then went quiet from July 2013, popped his head up for 1 comment in September, and then suddenly in May this year is back and supporting some crappy scamcoin
BingoBoingo: "Given these deliberate, coordinated and intensifying violent attacks on lives and property in Ferguson, I am directing the highly capable men and women of the Missouri National Guard to assist Colonel Ron Replogle and the Unified Command in restoring peace and order to this community."
mircea_popescu: fluffypony yeah the original was a more or less adult dude. acct may have been sold i hear.
BingoBoingo: So, from pretend martial law to actual martial law
BingoBoingo: You know, this account selling thing is why there can't be old timers on the forum
mircea_popescu: BingoBoingo but the attacks come mostly from the police.
BingoBoingo: It wouldn't be the first time such things happened in Missouri
mircea_popescu: assbot: usagi +v failed; L1: 0, L2: -5 << this is kinda lulzy.
gribble: Bitstamp BTCUSD ticker | Best bid: 490.94, Best ask: 491.98, Bid-ask spread: 1.04000, Last trade: 490.94, 24 hour volume: 10815.66536353, 24 hour low: 485.39, 24 hour high: 521.92, 24 hour vwap: 499.397297578
fluffypony: usagi has been peddling in #bitcoin-otc again
fluffypony: he told me that he got SO MUCH BUSINESS from my targeting him
atcbot: [CoinMiner Hashrate]: 1.31 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.44 TH/s
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 177834.60 in 1925 blocks (#46368) Est. % Change: -90.53
mircea_popescu: fluffypony he was here earlier too. what's he doing these days ?
atcbot: 16k@250 2k@245 43k@221 | 80k@172 34k@170 125k@165
gribble: Current Blocks: 316223 | Current Difficulty: 1.9729645940577133E10 | Next Difficulty At Block: 316511 | Next Difficulty In: 288 blocks | Next Difficulty In About: 1 day, 13 hours, 21 minutes, and 43 seconds | Next Difficulty Estimate: 23419670466.1 | Estimated Percent Change: 18.70294
BingoBoingo: mircea_popescu: The only thing he could have done better would have been to completely erase Lawrence Kansas
cazalla: mircea_popescu, might've upgraded it, this is just after d3 lauched so don't really remember, point being i doubt they need a kickstarter to continue blogging
mircea_popescu: "Here, Quantrill took up a job in the lumberyards, unloading timber from rail cars. One night while working the late shift, he shot a man to death. Authorities briefly arrested Quantrill, who claimed self-defense. Since there were no eyewitnesses and the victim was a stranger who knew no one in town, William was set free."
mircea_popescu: Editors Note from Mike: I am adding this note after this piece is published to state that this is a personal opinion piece from Brendon.
mircea_popescu: Brendon has since resigned on his own accord after realizing from countless emails of concerned readers that this was seen as an attempt to grab money via guilt. While this was not his intention he has since realized that it could be seen that way by many readers and independently felt he needed to go back and better hone his skills at this time.
mircea_popescu: an editor's job is to EDIT, which means protect the fucking copywriters from their own idiocy
mircea_popescu: not put up a note to insulate himsefl from them. this is like... antiprofessional.
mircea_popescu: i have an idea, let's all call ourselves things we aren't and then do a shitty job of it.
mircea_popescu: i'm going to be a barber and ima peel everyone bloody today ;/
pete_dushenski: "Chinese and Russian officials are warning of a potential humanitarian crisis in the restive American province of Missouri, where ancient communal tensions have boiled over into full-blown violence."
BingoBoingo: That thing started so promising and fell so far, basically weev 2.0
pete_dushenski: "'We must use all means at our disposal to end the violence and restore calm to the region,' Russian Foreign Minister Sergei Lavrov"
assbot: How we'd cover Ferguson if it happened in another country - Vox
BingoBoingo: Missouri is the most plainly American of the states with it's own east and west coasts (St Louis and Kansas City), and the capitol is a desolate hell hole
BingoBoingo: "Analysts who study the opaque American political system, in which all provinces are granted semi-autonomous self-rule, warned that Nixon may seize the opportunity to move against weakened municipal rulers in Ferguson." << Surprisingly accurate given how St Louis county is organized
mircea_popescu: "In the spirit of being open and transparent (a guiding principal of this site and our editorial policies), I am adding this note to this story and taking full responsibility that I have failed our readers and offering my most sincere apologies."
assbot: [MPEX] [S.MPOE] 20700 @ 0.00070992 = 14.6953 BTC [-] {3}
mircea_popescu: "Weve seen the criticisms from a certain IRC channel where he and the site is being put down for trying to raise some capital."
cazalla: pete_dushenski, "Yes, dear People Of The World, you belong to your family, your faith, and your traditions, not your nation. Where else does this exist than perhaps countries such as Japan? Families have been destroyed, faith abandoned, very little tradition left. What's left but nationalism? (I started to fall into this trap).
mircea_popescu: "I know some of this stems from the fact the website contains advertisements. A great debate has taken place internally about those advertisements.
mircea_popescu: They barely bring in a dollar a week for this site. They can be distracting, they can be frustrating and even annoying at times but they appear because they do bring something in, no matter how little and Mike applies every bit they earn to paying the ever increasing bills this site is faced with on a daily basis."
punkman: damn heisenbugs, girl was just here, I tell her come check out the weird-colored monitor, and it fucking fixed itself!
assbot: Aaron Toponce : What's The Matter With PGP?
mircea_popescu: "Turns out, the post is complete junk. It's about as thoughtful and informative as the Nigerian 411 scam. Let's analyze the post, top-to-bottom."
assbot: [MPEX] [S.MPOE] 23250 @ 0.00070974 = 16.5015 BTC [-] {2}
RagnarDanneskjol: I have a moral dilemna. This company in China wants to retain me to hire them a team of devs to build them a chinese version of ripple. They have an enormous budget and the account would be a boon for my business. Of course ripple is junk as so nicely described here:
http://trilema.com/2013/ripple-the-definitive-discussion/. I've tried to reason and communicate this to them (i am wor
assbot: Page not found pe Trilema - Un blog de Mircea Popescu.
RagnarDanneskjol: king through an interpreter).. yet they are determined to move forward. i am inclined to pass on it altogether unless I can convince them to build a solution that doesnt so explicitly violate the laws of capital-debt / reality
RagnarDanneskjol: because they would be spending an inordinate sum of money on me and devs I locate to build something I know to be rotten
mircea_popescu: you're not the master of the fucking world on other people's money. suppose you were a plumber and i hired you to build me a toilet on the ceiling. after you explained to me this design i have is idiotic, as long as i'm paying you;d better build it.
fluffypony: RagnarDanneskjol if you don't do it for them will they find someone else?
RagnarDanneskjol: I know - I think too much is getting lost in translation here with them.. but you're right
fluffypony: so basically you can either profit from their decision
fluffypony: they're not asking you to make weapons to kill puppies
fluffypony: they're asking you to build a piece of software that isn't inherently malicious
mircea_popescu: yeah, it's not like it's some big secret that ripple is broken and why etc.
RagnarDanneskjol: still. i feel I can somehow interject with a better technical solution for them and retain the business/sleep better at night
punkman: no caleb is already on to the stellar thing
assbot: A Debit Card Powered by Ripple | Ripple
assbot: Codius is Open Source | Ripple
punkman: so you go up to the machine to withdraw some money, and the machine is like fuck you dude, I don't take pirateat40BTC
punkman: what is this a threat? " Y-Combinator-backed Shift Payments, which, according to TechCrunch, is “working to make it as easy to spend digital currencies, cryptocurrencies and loyalty points as it is to spend regular, fiat money.”"
assbot: BitBet - LTC under $1 USD before 2015 :: 0.09 B (17%) on Yes, 0.46 B (83%) on No | closing in 4 months 1 week| weight: 43`817 (100`000 to 1)
mircea_popescu: punkman even tecvh crunch is now skeptical of ycombinator
mircea_popescu: ALL IT TOOK WAS AN ARTICLE ON TRILEMA TWO YEARS AGO TO BUCK THEM
mircea_popescu: mp lists derps, mpex servers go offline, mpex servers come back online, nobody wants to do series a anymoar. the lyf&tymes.
assbot: sgornick comments on Bitcoin in Name Only
assbot: [MPEX] [S.MPOE] 24920 @ 0.000709 = 17.6683 BTC [-] {2}
pankkake: "Why did this get down voted? Maybe they didn't read past Tim, you ignorant slut"
[]bot: Bet placed: 8 BTC for No on "BTC to rally to $4000 before July 2015"
http://bitbet.us/bet/1026/ Odds: 0(Y):100(N) by coin, 0(Y):100(N) by weight. Total bet: 8.1 BTC. Current weight: 99,998.
assbot: Killer whale throws sea lion 20 feet into the air! Ketchikan, Alaska - YouTube
assbot: [MPEX] [S.MPOE] 14733 @ 0.00070872 = 10.4416 BTC [-] {2}
gribble: You rated user sgornick on Fri Sep 28 05:44:50 2012, with a rating of 3, and supplied these additional notes: Solid guy..
assbot: [MPEX] [S.MPOE] 14400 @ 0.00070806 = 10.1961 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 8625 @ 0.00070992 = 6.1231 BTC [+]
assbot: [MPEX] [S.MPOE] 7437 @ 0.00071267 = 5.3001 BTC [+]
mircea_popescu: ;;later tell mike_c you proly should add pingbacks to your blog somehow.
assbot: [MPEX] [S.MPOE] 9610 @ 0.00071267 = 6.8488 BTC [+]
assbot: [MPEX] [S.MPOE] 42200 @ 0.00070843 = 29.8957 BTC [-] {4}
gribble: Bitstamp BTCUSD ticker | Best bid: 465.34, Best ask: 466.99, Bid-ask spread: 1.65000, Last trade: 464.1, 24 hour volume: 15812.06346459, 24 hour low: 462.01, 24 hour high: 510.0, 24 hour vwap: 499.397297578
assbot: [MPEX] [S.MPOE] 16041 @ 0.00070703 = 11.3415 BTC [-]
cazalla: good timing, got some of that fkn fiat coming wednesday
gribble: mexual was last seen in #bitcoin-assets 2 days, 23 hours, 52 minutes, and 8 seconds ago: <Mexual> shit a brick, thats exactly how frogger is played
gribble: vexual was last seen in #bitcoin-assets 5 days, 0 hours, 46 minutes, and 15 seconds ago: <Vexual> thats not how you play frogger
cazalla: damn, your hang over must've been far worse than mine
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, high, (1 more message)
gribble: Bitstamp | This order would exceed the size of the order book. You would buy 24371.327 bitcoins, for a total of 21123101.8979 USD and take the price to 99999.9900. | Data vintage: 47.0314 seconds
BigBitz: kakobrekla you want it for fiat ?
gribble: Error: The "Market" plugin is loaded, but there is no command named "fiat" in it. Try "list Market" to see the commands in the "Market" plugin.
BigBitz: ;;market buy --usd 5000000
gribble: (market buy [--fiat] [--market <market>] [--currency XXX] <value>) -- Calculate the effect on the market depth of a market buy order of <value> bitcoins. If <market> is provided, uses that exchange. Default is Bitstamp. If --currency XXX is provided, converts to that fiat currency. Default is USD. If '--fiat' option is given, <value> denotes the size of the order in fiat.
BigBitz: ;;market buy --fiat --currency usd 5000000
gribble: Bitstamp | A market order to buy 5000000.0000 USD worth of bitcoins right now would buy 9121.2065 bitcoins and would take the last price up to 600.0000 USD, resulting in an average price of 548.1731 USD/BTC. | Data vintage: 0.0303 seconds
assbot: Let’s pretend… pe Trilema - Un blog de Mircea Popescu.
kakobrekla: so you can only miss the chance to sell 10k 3 times or something?
cazalla: nfi, my take away was there is only so much you can borrow to sell it down until it's no longer an option
assbot: [MPEX] [S.MPOE] 5800 @ 0.00070774 = 4.1049 BTC [+] {2}
StephanLivera: Yeah it's an interesting point by MP, bitcoin is much easier for people to demand 'delivery' of too (when comparing to physical gold)
StephanLivera: I think it's really a matter of time until the next round of bank failures, bank bail-ins, currency devaluation etc. When that happens, people will be heading for the hills, nobody wants to be left holding the fiat bag
pankkake: but why would they chose the greasy teenager currency?
StephanLivera: given bitcoin's position as the top cryptocurrency (and the only one, really) - people will need a way to transfer value internationally with ease
StephanLivera: they will choose bitcoin because it has the strongest network effect behind it
pankkake: gold has a stronger network effect
StephanLivera: gold can't be so easily sent overseas / via internet
chetty: moving gold across border is hard
StephanLivera: now there were things like e-gold etc. but there's the problem. 1) counter party risk and 2) high chance of governmental take down
pankkake: so what's good for bitcoin is regulation. gold regulation :p
BigBitz: 3) high chance of non-existing 'vaulted gold'
StephanLivera: BigBitz, exactly - another area where btc shines, because it's very easy to "demand delivery"
BigBitz: StephanLivera yes sir. Agreed.
StephanLivera: pankkake, I think regulation is pretty irrelevant - government might SLOW bitcoin, but it will not stop bitcoin. it's just come too far, and the benefits are too great for it to be stopped now
chetty: every new regulation on fiats sends more people looking for options, goodness
StephanLivera: chetty, exactly - the tighter government controls constrict people and their choices, the MORE they want to look elsewhere. The best 'elsewhere' is bitcoin, most people just haven't realised this yet.
pankkake: bitcoin was conceived to ignore regulation, yes, so yes it benefits from regulation on other things
assbot: usagi +v failed; L1: 0, L2: -5
usagi: Isn't the government (the US government anyway) already taxing bitcoin?
usagi: I don't think they are interested in stopping it
StephanLivera: Yes it is, but there are difficulties identifying all bitcoin transactions, and difficulties tying transactions to a user
chetty: IRS said its property, so I guess so
usagi: Note that stating it is property is not a statement it is legal; drugs need to be property so that you can be in posession of them
chetty: think they tax WoW gold too
StephanLivera: usagi, but they even sold the silk road bitcoins. If they find illicit drugs, they don't sell those - they destroy them. So that in itself shows some treatment of legitimacy
StephanLivera: bitcoin itself is not illegal, nor would the state attack it by attempting to outright outlaw bitcoin. It would preferably try to make it too onerous to use with regulations instead. This way it's like a 'soft banning'.
chetty: but they even sold the silk road bitcoins// nice precedent
usagi: If the state openly sold bitcoins that is pretty much a statement that selling bitcoins is legal
chetty: no if about it, now I wonder if they had to pay capital gains tax
artifexd: You will be required to submit a report to Fincen that includes the identities of all parties involved. But the transaction itself is not illegal.
artifexd: It isn't approval. It's just a notification.
assbot: [MPEX] [S.MPOE] 9350 @ 0.00070689 = 6.6094 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 15750 @ 0.00070673 = 11.131 BTC [-]
assbot: Anything Else by Sarah Silverman - YouTube
assbot: [MPEX] [S.MPOE] 7576 @ 0.00070673 = 5.3542 BTC [-]
assbot: [MPEX] [S.MPOE] 4624 @ 0.00070663 = 3.2675 BTC [-]
assbot: [MPEX] [S.MPOE] 12050 @ 0.00070677 = 8.5166 BTC [+]
[]bot: Bet placed: 1 BTC for No on "Bitcoin >= $2000 before December"
http://bitbet.us/bet/1014/ Odds: 13(Y):87(N) by coin, 13(Y):87(N) by weight. Total bet: 3.67723352 BTC. Current weight: 86,627.
assbot: [MPEX] [S.MPOE] 11296 @ 0.00070587 = 7.9735 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 14654 @ 0.00070496 = 10.3305 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 500 @ 0.001354 = 0.677 BTC [+]
assbot: BitBet - Bitcoin to drop under $450 before September :: 6.08 B (32%) on Yes, 12.85 B (68%) on No | closing in 1 week 1 day| weight: 31`177 (100`000 to 1)
assbot: Bitstamp BTC/USD Charts - BitcoinWisdom
assbot: [HAVELOCK] [PETA] 594 @ 0.00127157 = 0.7553 BTC [-] {2}
assbot: Who Are We? Not Nationals | Contravex: A blog by Pete Dushenski
assbot: [HAVELOCK] [PETA] 909 @ 0.00135497 = 1.2317 BTC [+]
pete_dushenski: if anyone else has seen medical literature supporting the theory that fasting is effective for cancer treatment and prevention, feel free to toss it in the contravex comments section
pete_dushenski: cazalla: pete_dushenski, "Yes, dear People Of The World, you belong to your family, your faith, and your traditions, not your ?nation.? Where else does this exist than perhaps countries such as Japan? Families have been destroyed, faith abandoned, very little tradition left. What's left but nationalism? (I started to fall into this trap). << that's sorta teh point of their nefarious exercise. what's left is your own
pete_dushenski: search. even if you have to start from scratch, better to give your kids that than australianism or w/e
assbot: Who Are We? Not Nationals | Contravex: A blog by Pete Dushenski
pankkake: tried fasting, I don't take it well
assbot: Pushing the soft tender flesh of a friend against the sharp rotating blades of the immutable machine. pe Trilema - Un blog de Mircea Popescu.
pankkake: but my body is hardly in an healthy state
pete_dushenski: pankkake: i was never much good at it myself but tried again a few weeks ago and breezed through 24 hours. no sweat.
pankkake: it's how I write dizzy when I'm dizzy
assbot: [HAVELOCK] [PETA] [PAID] 13.22486200 BTC to 1`149`988 shares, 1150 satoshi per share
assbot: [HAVELOCK] [B.MINE] [PAID] 1.78326792 BTC to 13`993 shares, 12744 satoshi per share
assbot: pp2.pdf - Google Drive
pete_dushenski: "The Precautionary Principle: Fragility and Black Swans from Policy Actions"
pete_dushenski: asciilifeform: that'd be the tomacco you're looking for
pete_dushenski: and it's herbicide resistance as well as larger output, drought resistance
pete_dushenski: sure, foods have always been tinkered with by man, but introducing scorpion and jellyfish genes into grains is something else entirely
pete_dushenski: the term is associated with the profit-oriented, risk-burying activities of megacorp abc
pete_dushenski: surely not the only possible application of genetic modification, just the only one anyone is bothering with
pete_dushenski: therefore having an issue with the use of "gmo" is akin to having an issue with a "president" who could be a figure skating soccer mascot, but isn't
pete_dushenski: iirc le putin is banning gmo crud in his fair land, if the sanctions aren't doing it first
pete_dushenski: asciilifeform: i wonder what the noose did for the rope industry...
thestringpuller: i can write a few scripts and then my buddy can draw frames
pete_dushenski: thestringpuller: i say you start your own blog. super easy to do. then you can be the home of #b-a comics!
chetty: <asciilifeform> there is only, at present, 'foods optimized to resist gargantuan quantities of herbicide on the field.'// actually I dont think they much have a clue all the effects of the 'engineering' they been up to
chetty: asciilifeform, yup, and that one is bad enough, the unkinown ones are scary
assbot: [HAVELOCK] [CBTC] 14195 @ 0.0000525 = 0.7452 BTC [+]
assbot: [MPEX] [S.MPOE] 7400 @ 0.00070555 = 5.2211 BTC [+]
assbot: [HAVELOCK] [PETA] 518 @ 0.0013001 = 0.6735 BTC [-] {3}
chetty: asciilifeform, I still dont care to eat 'unknown' stuff. THe way they go about creating those things is insanity
assbot: [MPEX] [S.MPOE] 3308 @ 0.00070555 = 2.334 BTC [+]
chetty: <asciilifeform> a historical annoyance, for all forms of state, is that folks can, in general, grow food without asking it permission first.//+++++
chetty: <usagi> Thanks, I was looking at monsanto the other day actually and according to them at least, they don't produce "terminator seeds".// YET
usagi: Rome once tried to raise taxes on farmers to something like 100%. Farmers responded by abandoning their fields.
chetty: USA doesn't really have farmers in the fields anymore
chetty: and the few left are getting run out with the lawsuits
TheNewDeal: pete_dushenski , from a book my father was reading, one does not need to fast for 24 hours to reap the benefits
assbot: [MPEX] [S.MPOE] 4642 @ 0.00070555 = 3.2752 BTC [+]
jurov: <mircea_popescu> [09:28:56] mp lists derps, ... nobody wants to do series a anymoar. << but i was waiting with any advertisement till F.DERP gets online
chetty: you worked for N*A asciilifeform ?
chetty: guess gubermint posters are gubermint posters
assbot: The Coinbase Blog Coinbase Acquires Blockr.io, Welcomes New Staff
assbot: Home - Bitcoin Block Explorer
BingoBoingo: Coinbase better be unintentionally lulzy and let the ATC block explorer live...
assbot: Baltimore District Court gun ruling
atcbot: [CoinMiner Hashrate]: 2.21 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s
atcbot: [CoinMiner Hashrate]: 2.26 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 0 TH/s
gribble: Error: "marketbuy" is not a valid command.
gribble: Bitstamp | A market order to buy 1000 bitcoins right now would take 480559.8422 USD and would take the last price up to 492.0000 USD, resulting in an average price of 480.5598 USD/BTC. | Data vintage: 0.0276 seconds
gribble: Bitstamp BTCUSD ticker | Best bid: 470.68, Best ask: 472.44, Bid-ask spread: 1.76000, Last trade: 470.67, 24 hour volume: 26807.72118225, 24 hour low: 442.0, 24 hour high: 510.0, 24 hour vwap: 499.397297578
TheNewDeal: really pissed, because I should have set an alarm and bought some coins
punkman: went to like $300 on btc-e
mircea_popescu: sounds like btc is nao copying mpex, i recall how pissed ppl were on the first and original sd dump
TheNewDeal: are you saying people are just mad because price is dropping?
mircea_popescu: (there was this event, back in 2012 iirc, when someone sold like 1mn shares in shallow bids, resulting into a temporary 99.9% drop of the price)
TheNewDeal: did it ever rebound to the same level?
TheNewDeal: seriously why would you need that much bitcoin that fast
mircea_popescu: TheNewDeal the common wisdom at the time was that someone butterfingered. either it was meant to be a buy rather than a sell, or too many zeroes or something
mircea_popescu: mpex was new, plenty of finance people had just for the first time in their life had this new pympex weirdo device and key based trading and etc.
TheNewDeal: gotcha, justr trying to get an idea of scale
assbot: [HAVELOCK] [AM1] 12 @ 0.29818325 = 3.5782 BTC [+] {3}
mircea_popescu: this silver that can't even keep 1%... what silver is it!
TheNewDeal: what's with the stock bet precedent of "close at price" vs "trade at price" ?
mircea_popescu: chetty lol ltc is btc's copper ? what, so if all fails you can make yourself some nice ltc pipes ?
TheNewDeal: on bitbet, people always write up a bet about stocks like GOOG will close at above 1200 before jan 1
assbot: Almost 8,000 Navy chiefs face ax; sailors could advance
thestringpuller: ;;later tell X-Rob do you mine yourself? if so do you sell btc?
TheNewDeal: mp did you ever do any dirty deals with usagi?
X-Rob: thestringpuller: Yes, and not very often
X-Rob: I normally just reinvest into hardware. Vicious circle etc.
TheNewDeal: what do you have now? did I see something like 13.6 TH?
Apocalyptic: <X-Rob> I normally just reinvest into hardware. // this strategy is bound to fail
X-Rob: Apocalyptic: Eeyup.
X-Rob: thestringpuller: about 15TH
X-Rob: damn having two people starting with 'the'
X-Rob: Apocalyptic: It works in my, specific, limited circumstances. I have access to free power, and, I lease my hardware out. I also get to ride the wave of pump'n'dump coins, without actually any exposure.
X-Rob: EG, when BTCD emerged, I managed to earn 3BTC in 2 days.
X-Rob: that paid off all my avalon3 gear which I bought on a whim and then immediately regretted.
Apocalyptic: that's a different story, as you're not the only one bearing the cost
Apocalyptic: if you find people willing to rent hardware for a ridiculous price then you're good regardless
X-Rob: Apocalyptic: I normally work on ;;genrate + 10%, and I justify the +10% as 'I know what the fuck I'm doing, and you're going to get that hashrate pointed wherever you want it'
X-Rob: and a lot of the time I then have to help smaller pools configure their servers correctly
X-Rob: as a lot of them just leave the defaults. Which is fine for a slow, scrypt, pool. But terrible when you point TH of SHA at it.
X-Rob: But, if people are going to drive the prices up, then I"m going to take advantage of it
assbot: Pushing the soft tender flesh of a friend against the sharp rotating blades of the immutable machine. pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: the article sized comments will continue until it stops with the nitpicks
mircea_popescu: TheNewDeal> on bitbet, people always write up a bet about stocks like GOOG will close at above 1200 before jan 1 << so it's like freedom, let them have fun.
assbot: Michael Brown shooting: Amnesty International sends team within US for first time as National Guard deployed - Americas - World - The Independent
assbot: Bitcoin, still not quite ready for CDOs pe Trilema - Un blog de Mircea Popescu.
chetty: <mircea_popescu> BingoBoingo it's looking pretty gnarly huh.// just needs a handbasket
mircea_popescu: as the compatriots said twenty years ago, Azi in Timisoara, Miine'n Ferguson, MO.
assbot: Azi in Timisoara, maine-n toata tara! - YouTube
BingoBoingo: mircea_popescu: Yeah, the parody article's only flaw is there are no signs of Sino-Russian intervention yet. Merely observers.
mircea_popescu: BingoBoingo the thing is, both the chinese and the russians are run by people.
mircea_popescu: people understand it's fucking stupid to undertake administering a shithole.
mircea_popescu: heck, even the bureaucracy understood it eventually. hence no iraq 51st state
mircea_popescu: +r is based on this imbecilic theory that the content matters and the people do not.
mircea_popescu: the reality in the field is exactly opposite : i can dump porn pics all day and it'll stil be more important for bitcoin than tim swanson';s "books".
assbot: [MPEX] [S.MPOE] 9600 @ 0.00070526 = 6.7705 BTC [-]
TheNewDeal: apparently he was quite angered after I downed him the first time
mircea_popescu: it's like "dudes if you don't make the world friendlier to stupid people i'll stab myself in the eye"
TheNewDeal: today marks an important day. My first ignore
mircea_popescu: <Apocalyptic> <X-Rob> I normally just reinvest into hardware. // this strategy is bound to fail << i think he pretty much said he enjoys the tinkering aspect. so from his pov it's perfect, put some money in, letting it run itself out. bitcoin, the very complex and realistic online mmorpg/mud
X-Rob: Heh. That's somewhat accurate
X-Rob: I've probably spent about 10k over the years on video cards, power supplies, etc. I haven't put any dollars into it in over 18 months (since ASICs became The One True Way(tm), basically).
mircea_popescu: people here have shit like i dunno, laser cutters all over their kitchen. so... you're in good company
assbot: Twitter / ktbenner: @nitashatiku black people locking ...
assbot: xanthyos +v failed; L1: 0, L2: 0
xanthyos: stander: get in the WoT, you have 3 people who are waiting to give you postive rating!
xanthyos: an associate of danielpbarron and mine
danielpbarron: found him on localbitcoins dealing in the town over from me
xanthyos: completely reputable individual who refuses to wot or use a real irc client
punkman: heh >> dustintheweb: Story time: I just bought 0.2 from a Lamassu ATM. It timed out in mid process w/out ever updating the bitchain. I about crapped my pants, but the business owner opened the box for me, got my money out, then we tried it again until it worked.
xanthyos: punkman: he spoke to me just a couple hours ago planning to try the lamassu
mircea_popescu: sad that the story fails to include a "he mumbled god dangit while kicking the machine a couple of times"
mircea_popescu: "then when it finally went through his face light up "you just gotta know how to work these treknologies"
assbot: [MPEX] [S.MPOE] 21300 @ 0.00070632 = 15.0446 BTC [+] {3}
assbot: The Silky, Milky, Totally Strange Saga of the Spider Goat - Modern Farmer
assbot: [HAVELOCK] [AM1] 2 @ 0.298 = 0.596 BTC [+]
TheNewDeal: pete_dushenski was hoping they would mention Island of Dr. Moreua, just finished that one up
TheNewDeal: best comment on the article "I want a spider goat condom, that I can pass down to my male grand child."
assbot: [MPEX] [S.MPOE] 20850 @ 0.00070422 = 14.683 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 1252 @ 0.00070291 = 0.88 BTC [-]
mircea_popescu: but perhaps the implication is that it'd be icky to use another man's spider web condom
mircea_popescu: more so for the other man part than for the spider web part, god knows how that works.
TheNewDeal: do you think the females would enjoy a reused condom?
pete_dushenski: using another man's condom is like using another man's mouth to prechew your food before its shoved down your feeding tube
mircea_popescu: TheNewDeal well maybe the implication is you only used it on their best friends.
mircea_popescu: (more likle, the implication is you're from the us, and thus mate once for a lyftyme)
fluffypony: so do we know if the ATC block exporer is going to be culled or not?
fluffypony: also fuck Coinbase, again, they irritate mea
mike_c: what noun? cull is a verb.
assbot: culled - definition of culled by The Free Dictionary
assbot: Culling - Wikipedia, the free encyclopedia
mircea_popescu: fluffypony are you aiming to ask "will blockr.io be shut down integrally or will the atc part somehow magically survive" or do you aim to ask "will atc implement blockchain culling like the btc does"
fluffypony: I mean "will blockr.io stop support ATC, thus culling it from the list of coins for which it provides blockchain explorers"
mike_c: fluffypony: blog post indicated the whole thing is going away.
mike_c: "Blockr.io will continue to operate as usual for now"... and then it will go away.
fluffypony: I agree - "Blockr.io will continue to operate as usual for now as Sašo and Samo transition to their work at Coinbase."
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 180012.80 in 1916 blocks (#46368) Est. % Change: -90.42
fluffypony: LTC dropped 20% today, Darkcoin is the major loser
[]bot: Bet placed: 2 BTC for Yes on "Nasdaq to close at over $4500 in 2014"
http://bitbet.us/bet/966/ Odds: 90(Y):10(N) by coin, 86(Y):14(N) by weight. Total bet: 2.64962778 BTC. Current weight: 62,518.
atcbot: [CoinMiner Hashrate]: 2.65 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.13 TH/s
BingoBoingo: mircea_popescu> i dun think atc ever dropped two digits sort of shit. << You forget before the civilized times ATC would trade at ~500 and 100 satoshis in the same hour
atcbot: [ATC Diff] Current Diff: 1878190.93 Est. Next Diff: 180012.80 in 1916 blocks (#46368) Est. % Change: -90.42
atcbot: [CoinMiner Hashrate]: 2.71 TH/s [PityThePool Hashrate]: 0.00 GH/s [iSpace Pool Hashrate]: 1.13 TH/s
mircea_popescu: TheNewDeal well it's got 1.7th perm from now on, plus whatever other people throw at it, so im guessing a 5 to 10 th rate going forward is probably its level
TheNewDeal: so a 51% attack right now would be how many TH?
BingoBoingo: mircea_popescu: Not pre-me, but pre-marketmaking
mircea_popescu: i don't think there's been a block with a transaction in it since may.
mircea_popescu: this because you know, merchant adoption is so important for a coin and all that.
assbot: BitBet - BTC to rally to $4000 before July 2015 :: 0.1 B (1%) on Yes, 8.08 B (99%) on No | closing in 9 months 2 weeks | weight: 99`856 (100`000 to 2`000)
gribble: Nick 'anduck', with hostmask 'Anduck!~anduck@unaffiliated/anduck', is identified as user 'Anduck', with GPG key id 5F81CCEC5886D61E, key fingerprint CA792C93C799D2C83A69BCE65F81CCEC5886D61E, and bitcoin address 1Anduck6bsXBXH7fPHzePJSXdC9AEsRmt4
TheNewDeal: anduck what business did you do with usagi?
TheNewDeal: he came in here yesterday for whatever reason
gribble: You rated user usagi on Tue Jul 3 07:45:25 2012, with a rating of 2, and supplied these additional notes: good business, thanks =).
Anduck: it was with his CPA business
TheNewDeal: that was him insuring against a default of glbse?
TheNewDeal: did he insurance against multiple parties with the same CPA?
assbot: [MPEX] [S.MPOE] 5864 @ 0.00070677 = 4.1445 BTC [+]
TheNewDeal: But on Aug 23rd says to CPA investors:
TheNewDeal: "In the event of a full pirate default, NYAN.C will loose out, and CPA holds NYAN which holds NYAN.C. Then we have contracts on the outside as well. All in all CPA will remain very solvent, it may lose 20% of it's value in a full default. But we stands just as ready to gain 20% if pirate doesn't default." - it will remain very solvent
assbot: Usagi: falsifying NAVs, manipulating share prices and misleading investors.
TheNewDeal: you got a payout from usagi at one point, amiright?
TheNewDeal: it was less than what you had bargained for, like 900 off of 1100?
gribble: You rated user usagi on Tue Apr 15 13:37:58 2014, with a rating of 1, and supplied these additional notes: Had a 1140 btc contract with usagi which entitled me to said amount on 2012-08-26. The final payment was done 2013-04-27, totaling 995 btc. The sum was 145 btc short but I agreed to let it slide because of distress on the market of the underlying 'securities' and rapid btc market (1 more message)
TheNewDeal: what was the contract insurange against? default by _____ ?
TheNewDeal: usagi told me it was paying out on a glbse default
TheNewDeal: why the hell would anyone insure against a default on pirate?
assbot: [MPEX] [S.MPOE] 8250 @ 0.00070679 = 5.831 BTC [+] {2}
mircea_popescu: plenty of people ACTUALLY believed a) pirate is a bright ceo etc
TheNewDeal: wasn't usagi giving insurance though at a VERY late point in the pirate ship?
mircea_popescu: i know it looks impossible in retrospect, but it was the fact at the time.
mircea_popescu: consider the situaiton where a bunch of people actually believed the earth is flat at some point
mircea_popescu: well, his relevancy came at a very late point. he had been making noises for a long time, but nobdy paid attention for an equally long time.
TheNewDeal: god damn english language and it's ambiguous pronouns
TheNewDeal: and it's similuar looking contractions
TheNewDeal: he told me he is still making payments to people to this date... I think it was for bmf ?
mircea_popescu: part of the problem is that the guy run his affairs cca 2012 as if they were fantasy baseball. buncha names/identities with no substantial business existence or raison d'etre, making the thing difficult to remember or sanely structure historically.
mircea_popescu: they all traded with each other, often on bizarre terms, which'd make any judge simply lump everything together in disregard of any veils.
TheNewDeal: crashing bird film should receive a 91% at minimum on rotten tomatoes
assbot: The Lilac Breasted Usagi Bird - YouTube
TheNewDeal: I'm just trying to piece usagi's relevancy in the mix
fluffypony: I'm still waiting for someone to review my film
TheNewDeal: was he a small time player in the scale of the glbse flop?
assbot: [MPEX] [S.MPOE] 16129 @ 0.00070698 = 11.4029 BTC [+]
fluffypony: I linked that video to him in -otc the other day
assbot: The Lilac Breasted Usagi Bird - YouTube
fluffypony: [2014-08-17T17:03:50+0200] <usagi> Fluffypony are you aware that I have actually been offered business as a result of you targeting me?
fluffypony: [2014-08-17T17:04:11+0200] <usagi> Look at my WOT brother. The wot itself is telling you how transpareently obvious you are
TheNewDeal: hadn't watched it with the voiceover yet
fluffypony: TheNewDeal: some dude on Fiverr, I wrote the script and it cost me a whole $5 :-P
fluffypony: TheNewDeal: I think the hard G sounds better if it's describing a bird :-P
mircea_popescu: TheNewDeal he was a small, very vocal, very entertaining player.
mircea_popescu: fluffypony you may have the best roi of all the hollywood majors.
TheNewDeal: what was most annoying was he PMed me after I spoke with him here. Over the next hour or so he tried to convince me of his smashing businesses successes, and the danger of healthy skepticism
BingoBoingo: TheNewDeal> what was most annoying was he PMed me after I spoke with him here. Over the next hour or so he tried to convince me of his smashing businesses successes, and the danger of healthy skepticism << This is the reason for his neg rating.
mircea_popescu: i duinno that he did ever make any money, i highyl doubt it. he did go to some personal trouble to try and cover for the various potholes he made, at some point even selling (or claiming to ?) his guitar
mircea_popescu: he did also sort-of maintain employment in the interval, so w/e.
assbot: [MPEX] [S.MPOE] 28753 @ 0.00070607 = 20.3016 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 5250 @ 0.00070839 = 3.719 BTC [+] {2}
jurov: that was more like a tweet
ben_vulpes: <jurov> that was more like a tweet << playing with the format a bit, yeah. 140 characters ain't enough, but less than 200 words can be fine too.
assbot: [HAVELOCK] [AM100] 300 @ 0.00299399 = 0.8982 BTC [+] {2}
assbot: [HAVELOCK:HASH] 1D: 0.02200000 / 0.022 / 0.02200000 (8 shares, 0.17600000 BTC), 7D: 0.02200000 / 0.022 / 0.02200000 (100 shares, 2.20000000 BTC), 30D: 0.02200000 / 0.022 / 0.02200000 (544 shares, 11.96800000 BTC)
BingoBoingo: benkay: because this makes stuff so much easier
assbot: [HAVELOCK] [PETA] 509 @ 0.00125093 = 0.6367 BTC [-] {6}
assbot: [HAVELOCK] [PETA] 1580 @ 0.00125 = 1.975 BTC [-]
mike_c: benkay: nice work on the raw login! thx.
HeySteve: I have updated my game thread if anyone feels like splashing out with some testnet coins
ben_vulpes: ;;later tell mike_c all for you baby. took two hours as i refactored the whole way login works. let me know if stupid shit happens around logins.
assbot: imgur: the simple image sharer
assbot: Happy Gilmore Doing the Bull Dance - Feeling The Flow - Working it. - YouTube
assbot: [MPEX] [S.MPOE] 12561 @ 0.00070511 = 8.8569 BTC [-]
assbot: [MPEX] [S.MPOE] 4350 @ 0.00070528 = 3.068 BTC [+]