Show Idle (>14 d.) Chans
← 2014-04-30 | 2014-05-02 → ↓
BingoBoingo: ThickAsThieves: Public is public, private is private. The two only meet when the later turns into the former through monthly statements or when someone solves for some activity like you did with the ask wall.
BingoBoingo: !up jMyles
assbot: Voicing jMyles for 30 minutes.
BingoBoingo: !up navhul-lacsup
assbot: Voicing navhul-lacsup for 30 minutes.
BingoBoingo: !up Luke-Jr
assbot: Voicing Luke-Jr for 30 minutes.
Duffer1: lonely BB?
BingoBoingo: Duffer1: Maybe?
Duffer1: i just finished a remarkable hard sci-fi book
Duffer1: Diaspora by Greg Egan
kakobrekla: ;;later tell mike_c socket should nao be fixed, fund was being filtered out cause kako does weird shit.
gribble: The operation succeeded.
Duffer1: it's not usually my genre, but i was impressed, as good as kim stanley robinsons red mars
benkay: ksr's red mars was unbearably wordy
Duffer1: indeed, it's why i'm not usually a fan of hard sf
Duffer1: and diaspora does have a bit of the ksr run ons
Duffer1: if you can get through it though, the story of both books is worth it imo
benkay: ;;later tell mircea_popescu this one'd make better commissioned work: http://juliatourianski.com/
gribble: The operation succeeded.
BingoBoingo: benkay: Am I aloof enough to fund manage>
BingoBoingo: Or benkay Am I real enough.
BingoBoingo: Worse yet do I amazing company?
assbot: AMAZING COMPANY!
assbot: [HAVELOCK] [RENT] 47 @ 0.00563217 = 0.2647 BTC [-] {5}
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
ozbot: Burying the URL - Allen Pike
assbot: [MPEX] [S.MPOE] 23800 @ 0.00097232 = 23.1412 BTC [-]
asciilifeform: Duffer1: see if you can get a hold of Egan's short works collections, 'Luminous' and 'Axiomatic.'
Duffer1: they're on my list to read
Duffer1: diaspora was the first of his work i've encountered and i instantly became a big fan
Duffer1: thanks for the recommendation btw, he's got a lot of award winning shorts, i'll prioritize those in my list
Duffer1: oh snap thanks
BingoBoingo: Lest based off of trading statements anyone thing I am a genii, I've lost 96%+ lifetime publishing text tomes.
assbot: [HAVELOCK] [SF1] 495 @ 0.00089499 = 0.443 BTC [-] {2}
assbot: [HAVELOCK] [SF1] 155 @ 0.0009 = 0.1395 BTC [+] {2}
moiety: mewning
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
BingoBoingo: Hey moiety
assbot: [MPEX] [S.MPOE] 3308 @ 0.00097232 = 3.2164 BTC [-]
fluffypony: manul-moiety
moiety: :D
moiety: how are yous?
BingoBoingo: fluffypony: Ain't you sleeping?
asciilifeform: colocolul.
fluffypony: BingoBoingo: 7:30am here
fluffypony: moiety: most excellent thanks
fluffypony: and you?
moiety: o i forgot you are just an hour ahead of me fluffypony // i'm good thanks, haven't slept yet though
kakobrekla: ah lol, some dudes on some lost forum discussing my previously linked reply
kakobrekla: >Yes, we have to find a broker, BTC-e don't send emails - not even send rude emails - which is worrying.
moiety: seriously, mircea has deleted oh out of my vocabulary
kakobrekla: "at least kako sends us to fuck off!"
moiety: lolol kakobrekla responsive rep :]
moiety: asciilifeform: i have a new manul and ive forgotten the translation already http://www.kotomet.ru/wp-content/uploads/2010/03/manul0_preview.jpg
asciilifeform: moiety: 'love kitties? i ask, kitties, bitch, do you love?!'
moiety: asciilifeform: thanks :D // so is cyka = bitch?
asciilifeform: moiety: aye
BingoBoingo: kakobrekla: You always offer best customer service
kakobrekla: few seem to agree on this one.
moiety: and labels. regugal is now a new favourite word of mine
BingoBoingo: kakobrekla: SOme people merely don't know what being a customer means
kakobrekla: i think so too!
BingoBoingo: Customer means try to eat the best findable shit, because you can't grow beef.
assbot: Last 1 lines bashed and pending review. (http://dpaste.com/21V4HWM/plain/)
BingoBoingo: Sometimes you find a bull that can't get off, and actually have to eat shit, because you can't give a handjob worth jizz.
fluffypony: ;;later tell bitcoinpete that "Burying the URL" article was interesting, Safari on OS X has been stripping GET vars from view for ages (they become visible when you're editing the URL)
gribble: The operation succeeded.
bitcoinpete: fluffypony: i could see people who aren't writers/thinkers being perfectly ok with the "cleanliness" of buried urls
moiety: i don't take arguments anymore, i just get rid of people that think they "have a case" where they do not
BingoBoingo: Oh, Bar Rescue has to be the best show for baptising people to Bitcoin.
fluffypony: bitcoinpete: though it's not a bad thing if it prevent simple phishing attacks by calling out the actual domain in use
moiety: speaking of bar...have you heard about those bin laden themed bars in brazil?
BingoBoingo: moiety: Yeah
moiety: i just heard it today, o.O
bitcoinpete: moiety: i was there a year ago and missed them! packing bags now
fluffypony: Braziiiiiiil, la la la la la la la laaaaaa
bitcoinpete: i'd go back to rio in a heartbeat. it's europe for the new world
moiety: football hooligans trailing the world cup + osama bin laden lookalike that sells alcohol, what can possibly go wrong
BingoBoingo: So... World Cup predictions? World Series Predictions?
moiety: scotland will not be winning
BingoBoingo: Is scotland its own thing for this sport?
assbot: [MPEX] [S.MPOE] 1100 @ 0.00097174 = 1.0689 BTC [-]
bitcoinpete: world cup: portugal
bitcoinpete: world series: dodgers
fluffypony: portugal, really?
bitcoinpete: fluffypony: why not? home turf
BingoBoingo: STFU: Cardinal for world series. African (somewhere there) for world cup.
fluffypony: Brazil or Argentina
fluffypony: my money's on Brazil
fluffypony: MAYBE Germany
fluffypony: BingoBoingo: the only African team that's been doing well-ish recently is the Ivory Coast team, I think they'll make it to the quarters before being knocked out
BingoBoingo: Budeslinga is a strong league, but a lot of rental players.
fluffypony: South Africa will make it nowhere because the Bafana Bafana cave under pressure
moiety: BingoBoingo: yeah scotland are just that bad, they never get anywhere
BingoBoingo: fluffypony: Well I have toi suppose a really dark team to balance my world series pick.
fluffypony: despite having burnt through new coaches every 2 years
fluffypony: at some ridiculous cost
BingoBoingo: fluffypony: My world series team hasn't brnt through coaches, and who knows... Maybe Matheney will quit
fluffypony: BingoBoingo: I hear he's homeless and sleeping on couches these days
BingoBoingo: fluffypony: He actually is. You must be a StL local.
moiety: i've been being trained to follow the reds
BingoBoingo: Just dreaming of Rhodesia
moiety: a couch is better than outside!
BingoBoingo: moiety: Boo. May Brandon Phillips just have a heart attack on the field.
fluffypony: BingoBoingo: just before I met my wife I dated a girl in St. Louis for 6 months, she was here on holiday and we fell for each other, so after 5 months of long distance I went over there for a month to see if there was something there
fluffypony: needless to say there wasn't
moiety: o but i heard he's really good
fluffypony: but I learnt a LOT about StL culture and basebal
fluffypony: *baseball
fluffypony: way more than I ever would've
BingoBoingo: moiety: Brandon phillips wasn't even last year's best second baseman.
moiety: bring back rounders i say
BingoBoingo: fluffypony: Cause they could smell you are a spy.
fluffypony: BingoBoingo: totally
BingoBoingo: fluffypony: That's why you got no Crown Candy.
moiety: yous just took rounders, threw a bunch of hats and padding on the players and called it baseball
bitcoinpete: g'night sportsalosophers :)
moiety: nanight bitcoinpete sleep well!
fluffypony: ;;google crown candy
gribble: Crown Candy Kitchen | Malts & Shakes | Soda Fountain and Candy ...: <http://crowncandykitchen.net/>; Crown Candy Kitchen - Old North Saint Louis - Saint Louis, MO | Yelp: <http://www.yelp.com/biz/crown-candy-kitchen-saint-louis>; Crown Candy Kitchen - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Crown_Candy_Kitchen>
assbot: [MPEX] [FN] [F.MPIF] 1000 @ 0.000215 = 0.215 BTC
fluffypony: yeah definitely didn't go there
BingoBoingo: Not like ROunders was viable on its own
fluffypony: they dragged me to places like Outback Steakhouse and Cracker Barrel
fluffypony: and Cheesecake Factory (which surprisingly, to me at least, looked nothing like the one in Big Bang Theory)
moiety: why not BB? rugby does just fine without the helmets and cushions that your football has :P
BingoBoingo: fluffypony: Those are chain places. Crown Candy is how the Polaks keeps the Nigs sated.
BingoBoingo: moiety: Because Handegg isn't a sport. It is a way to keep classes of people damaged.
fluffypony: BingoBoingo: yeah, good food definitely wasn't on their priority list of "cool places to show Riccardo"
BingoBoingo: Yeah, crown Candy is the best.
BingoBoingo: I'll admit Imos is barely better than native Chicago pizza.
BingoBoingo: Then again fluffypony maybe your guides sucked
moiety: meh poor dead rounders
assbot: [MPEX] [S.MPOE] 10612 @ 0.00097028 = 10.2966 BTC [-] {2}
BingoBoingo: fluffypony: I mean did they show you the sad zoo lions?
BingoBoingo: fluffypony: Oh, the StL zoo big cats are the saddest things.
moiety: all zoo creatures are sad
moiety: what happened with the ukraine zoo that ran out of food and meds btw
fluffypony: well I suppose they didn't think to take me there since, you know, coming from Africa and all that
BingoBoingo: fluffypony: Maybe they knew things were wrong. Probably also why they didn't take you to North City,
BingoBoingo: moiety: The penguins are happy.
moiety: only their feet. they are dying inside
BingoBoingo: Nah, penguins love malnourished lion as food
BingoBoingo: So ThickAsThieves how did you feel when you found out parts were less than 6% of Google glass costs?
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
assbot: [MPEX] [S.MPOE] 4092 @ 0.00097174 = 3.9764 BTC [+]
assbot: [MPEX] [S.MPOE] 10098 @ 0.00097473 = 9.8428 BTC [+]
assbot: [HAVELOCK] [RENT] 32 @ 0.00563069 = 0.1802 BTC [-] {2}
moiety: i was just reading that about glass
assbot: [HAVELOCK] [ALC] 10 @ 0.14 = 1.4 BTC
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03248515 = 0.1624 BTC [+]
assbot: [MPEX] [S.MPOE] 4400 @ 0.00096969 = 4.2666 BTC [-]
assbot: [MPEX] [S.MPOE] 9000 @ 0.00096969 = 8.7272 BTC [-]
assbot: [MPEX] [S.MPOE] 17300 @ 0.00097108 = 16.7997 BTC [+] {2}
assbot: [HAVELOCK] [RENT] 212 @ 0.00563069 = 1.1937 BTC [-] {2}
punkman: I'm still auth'd, amazing ISP!
assbot: AMAZING COMPANY!
punkman: had to climb the long way into my house, good thing I had left a window open
fluffypony: punkman: why not use the door?
punkman: fluffypony, because someone smart left the keys on the door (on the inside)
punkman: I had to shoo pigeons, and a cat
punkman: cat decided to follow me though
ozbot: Google AdSense Leak - Part 2 - Pastebin.com
ozbot: Google AdSense Leak - Pastebin.com
assbot: [HAVELOCK] [B.SELL] 22 @ 0.03246832 = 0.7143 BTC [-] {6}
assbot: [HAVELOCK] [AM1] 2 @ 0.49952498 = 0.999 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.49971249 = 0.9994 BTC [+] {2}
fluffypony: punkman: interesting read
fluffypony: do you think it's legit or some crazy dude scaremongering?
punkman: second part sounds like a redditard, but who knows
punkman: I know a lot of people that have been banned from adsense/adwords for no reason
fluffypony: yeah I had one of my accounts banned a few years ago
fluffypony: conveniently it was when I decided that the whole "Internet marketing" thing was bullshit and it'd be better to sell products and ebooks and "systems" to the IM guys than do it myself
punkman: I stopped using them before they went wild with it, around 2009 maybe
fluffypony: lol: http://i.imgur.com/HID68KI.jpg /r/bitcoin in 10 years time
assbot: [MPEX] [S.MPOE] 18750 @ 0.00096969 = 18.1817 BTC [-]
Apocalyptic: nice one
fluffypony: punkman: I've been trying to get that working for 2 days
fluffypony: on OS X
fluffypony: he has his own fontforge fork
fluffypony: which has a bunch of weird requirements
punkman: did you figure out if you can get HTML out of that? seems full of javascript
fluffypony: I'll let you know once I get it working :-P
punkman: Scribd only let me get plaintext btw
fluffypony: configure: error: libuuid development files required
fluffypony: that's my current issue
fluffypony: and libuuid is baked into OS X
punkman: but it accepts all kinds of formats, not just pdf, so I guess it will come in handy sometime
fluffypony: so there's no pkg-config .pc for it
fluffypony: I may just go straight to deving on the server
assbot: [HAVELOCK] [ALC] 2 @ 0.14 = 0.28 BTC
punkman: Google probably does the best conversion
punkman: wonder if I can get it on demand through Google Docs
assbot: [MPEX] [S.MPOE] 4788 @ 0.00096969 = 4.6429 BTC [-]
assbot: [MPEX] [S.MPOE] 22912 @ 0.00096817 = 22.1827 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 7552 @ 0.00097136 = 7.3357 BTC [+]
assbot: [HAVELOCK] [RENT] 28 @ 0.00562775 = 0.1576 BTC [-] {3}
pankkake: can't buy mpif on coinbr? …
fluffypony: pankkake: you can't buy it on mpex either yet
assbot: [HAVELOCK] [B.SELL] 18 @ 0.03150111 = 0.567 BTC [-] {2}
mircea_popescu: benkay notrly my style.
ozbot: Jeffrey Katzenberg Predicts 3-Week Theatrical Window in Future | Variety
fluffypony: this is interesting
fluffypony: "I think the model will change and you won’t pay for the window of availability. A movie will come out and you will have 17 days, that’s exactly three weekends, which is 95% of the revenue for 98% of movies. On the 18th day, these movies will be available everywhere ubiquitously and you will pay for the size. A movie screen will be $15. A 75” TV will be $4.00. A smartphone will be $1.99."
mircea_popescu: this is by no means either a prediction or novel.
fluffypony: novel to me - I hadn't thought about content delivery in terms of screen size before
ozbot: Twitter / Mircea_Popescu: That's choosing what to fuck. ...
mircea_popescu: im so adept at making friends.
mircea_popescu: fluffypony it's older than dirt tho.
fluffypony: meh, I've never bought into the "do what you love" bullshit
mircea_popescu: ;;ud smh
gribble: http://www.urbandictionary.com/define.php?term=smh | smh. Acronym for 'shake my head' or 'shaking my head.' Usually used when someone finds something so stupid, no words can do it justice. Sometimes it's ...
ozbot: Urban Dictionary: smh
mircea_popescu: that'd be because you're not a hipster.
fluffypony: my very first failed company was an events production house I started with a good friend when I was like 20
fluffypony: the two lessons I learnt from that were:
fluffypony: 1. if you go into business with someone who is a good friend there's a high probability of fucking up the friendship, regardless of the outcome of the business venture
fluffypony: 2. just because you like doing something doesn't mean you can get paid for it or even find clients
mircea_popescu: ahahaha. hahaha-hahahaha.
mircea_popescu: the bestest country in the world, can't get a fucking cab at the airport ?
mircea_popescu: srsly africa, the black people called. they want it back, it's theirs!
mircea_popescu: ;;gettrust assbot numerisTrade
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user numerisTrade: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=numerisTrade | WoT data: http://b-otc.com/vrd?nick=numerisTrade | Rated since: Thu Apr 3 07:04:18 2014
mircea_popescu: "In less than three months the Department of the Treasury will start trimming payments on portions of the $17.3 trillion-plus national debt, with unpredictable – and unstudied – consequences. Acting in violation of legal commitments to purchasers, the Department will chop 30% from interest payments due some foreign holders of hundreds of billions, perhaps trillions, of dollars’ worth of Treasury securities. Pos
mircea_popescu: sible results of this consciously inflicted partial federal default could include mass dumping of bonds by jittery holders, a rise in the rate the government pays for debt service, and undermining the dollar’s status as the world’s reserve currency."
fluffypony: from now on I'm going to provide measurements "to the nearest poppyseed, may be off by a few twips"
mircea_popescu: im curious how many in the "press" will be calling this a default, and how many will be derping about how it's really just antiracism and ecology.
assbot: [HAVELOCK] [PETA] 13 @ 0.07230561 = 0.94 BTC [-] {5}
mircea_popescu: because well... anyone who fails to call it a default also fails to have a future, in his chosen profession.
numerisTrade: hello, mircea_popescu
numerisTrade: ;;ident
gribble: Nick 'numerisTrade', with hostmask 'numerisTrade!~numeris@unaffiliated/numeris', is identified as user 'numerisTrade', with GPG key id 3B5A64169734D48F, key fingerprint 8D77A1296B71AD54AD09F2FD3B5A64169734D48F, and bitcoin address None
mircea_popescu: you're the wywial fellow aren't you ?
assbot: [HAVELOCK] [PETA] 4 @ 0.07123325 = 0.2849 BTC [-] {4}
numerisTrade: partially yes
mircea_popescu: lol how does that work ?!
numerisTrade: it's a joint venture with my fellow
fluffypony: dissociative identity disorder?
numerisTrade: currently, I'm wywialm, but this nick is also managed by him
punkman: that's not how this works
mircea_popescu: well tell him that this nick can speak here on the strength of it being used by you, so he shouldn't muck it up.
mircea_popescu: and actually, you really should get him a diff nick, or yourself.
mircea_popescu: as it is you be just askin' for trouble.
mircea_popescu: !up toddf
assbot: Voicing toddf for 30 minutes.
fluffypony: numerisTrade: why not just do it the way GlooBoy does?
fluffypony: he has an iTradeBTC account that, in theory, anyone could manage
fluffypony: but his WoT ratings are his own under his nick
mircea_popescu: "Obama joins a high-powered group of celebs to emphasize the vital role men play in preventing sexual assault " < i had no idea presidents are celebrities nao.
fluffypony: he could always nominate someone else to sell for him (and note that in the WoT)
numerisTrade: fluffypony, how to arraange it when two people are engaged? separate WoT ratings? But its the business that should be rated...
mircea_popescu: o, what's teh business ?
mircea_popescu: i didn't realise you had a business.
assbot: [MPEX] [S.MPOE] 7767 @ 0.00097405 = 7.5654 BTC [+]
mircea_popescu: meanwhile at the twitter lolzfarm :
mircea_popescu: "Robin Klein My week on twitter: 255 New Followers, 5 Mentions, 5.02K Mention Reach, 2 Replies, 15 Retweets.
mircea_popescu: Mircea Popescu @robinklein That's the definition of pathetic you know."
fluffypony: numerisTrade: separate WoT ratings, after a few ratings will it matter? alternatively, leave the numerisTrade nick for trading, and have another IRC session in your personal capacity :)
assbot: [MPEX] [S.MPOE] 32283 @ 0.00097588 = 31.5043 BTC [+] {2}
mircea_popescu: soon to be ipoing on kimcoin
mircea_popescu: !up quantyfikator
assbot: Voicing quantyfikator for 30 minutes.
assbot: [HAVELOCK] [PETA] 5 @ 0.07122011 = 0.3561 BTC [-]
mircea_popescu: this is why you do not negotiate, and you do not stop until the enemy is destroyed. not just dead, destroyed.
mircea_popescu: otherwise, 40 years later...
mircea_popescu: fluffypony aahahahaha
assbot: [HAVELOCK] [PETA] 63 @ 0.07120634 = 4.486 BTC [-] {4}
numerisTrade: mircea_popescu, the business is just starting, according to your MPOE-PR tutorial. Currently we're experimenting with repo trading / secured loans
numerisTrade: ;;view
gribble: #20257 Thu Apr 17 07:20:26 2014 numerisTrade SELL 1.0 Repo transaction / Secured loan @ 477.04 USD (Price is amount of Ripple/Coinbase collateral. See more at http://numeristrade.blogspot.com/p/products.html)
mircea_popescu: numerisTrade ic.
assbot: [MPEX] [S.MPOE] 13200 @ 0.00097598 = 12.8829 BTC [+] {2}
fluffypony: mircea_popescu: pankkake (and I) were wondering when mpif shares are going to be available?
mircea_popescu: yesterday ?
pankkake: scam
mircea_popescu: !t m f.mpif
assbot: [MPEX:F.MPIF] 1D: 0.000215 / 0.000215 / 0.000215 (495912 shares, 106.62 BTC), 7D: 0.000215 / 0.000215 / 0.000215 (495912 shares, 106.62 BTC), 30D: 0.000215 / 0.000215 / 0.000215 (495912 shares, 106.62 BTC)
fluffypony: not on coinbr
fluffypony pokes jurov
mircea_popescu: on coinbr when jurov gets around to it, which should be any time nao
pankkake: I'm surprised a date wouldn't announced in advance either
pankkake: meh…
fluffypony: pankkake: someone should tell Jimmothy so he can warn everyone
mircea_popescu: pankkake what diff does it make ?
pankkake: I want to buy some before there's nothing left, for one?
mircea_popescu: how would that work ? this is a managed asset, it's not supposed to trade much off its nav
mircea_popescu: i can issue an infinity of shares, and will if price diverges upwards.
mircea_popescu: i can destroy all the shares, and will if price diverges under.
mircea_popescu: it's an investment not a forum "ipo"
numerisTrade: fluffypony, the separate IRC session is understandable, but wouldn't it be more difficult to assign trust to numerisTrade, it being some sort of different entity?
pankkake: sure, but it's still annoying
fluffypony ponders
fluffypony: numerisTrade: there's a solution somewhere in this, I'm just too buggered to figure it out atm :)
mircea_popescu: so far it was selling excitedly at ~1% over nav, then panacea announced losses and it chilled.
mircea_popescu: fluffypony see, anal sex hurts.
fluffypony: mircea_popescu: depends on whether or not you're the recipient
mircea_popescu: you gotta be on chan to trade on news.
pankkake: I know, I added a hilight on mpif
numerisTrade: or in general, how a "bitcoin corporation" should be managed?
pankkake: though I wasn't there after, it wouldn't have mattered, since coinbr seems to be manual in every way
numerisTrade: fluffypony, thx anyway :)
mircea_popescu: pankkake well you could have made an arrangement with anyone with an acct in the interim i guess, but srsly : you won't conceivably be locked out of shares, so. nothing to worry about on that score.
assbot: [HAVELOCK] [AM1] 31 @ 0.48045998 = 14.8943 BTC [-] {9}
pankkake: we'll see
mircea_popescu: fluffypony of all the people i know that lost their cockthread thing whatever you call it, all lost it to a puckered butthole.
mircea_popescu: so... not necessarily.
fluffypony: numerisTrade: ok here's an idea - you have a mutual note in the WoT from personalnick1 to numerisTrade saying that personalnick1 is a representative of the company. same goes for personalnick2. because the WoT is meant to be interpreted and not viewed as a cumulative score or whatever, anyone trading with you can be told to check the numerisTrade WoT. once the trade is complete you can ask them to rate numerisTrade for the business and rate
fluffypony: you for the interaction.
mircea_popescu: that's pretty much how it works.
pankkake: ;;gpg info bitbet
gribble: No such user registered.
pankkake: ;;gpg info mpex
gribble: No such user registered.
mircea_popescu: ;;gettrust mtgox
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user mtgox: Level 1: 0, Level 2: 6 via 3 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=mtgox | WoT data: http://b-otc.com/vrd?nick=mtgox | Rated since: Mon Nov 8 13:35:39 2010
mircea_popescu: ;;gettrust karpeles
numerisTrade: thanks, fluffypony, great idea! should the numerisTrade WoT account be able to rate personalnick_i as well?
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user karpeles: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=karpeles | WoT data: http://b-otc.com/vrd?nick=karpeles | Rated since: never
pankkake: ;;getrating magicaltux
pankkake: ;;rated magicaltux
gribble: You rated user magicaltux on Thu Feb 27 08:13:53 2014, with a rating of -1, and supplied these additional notes: ate all the coins.
mircea_popescu: numerisTrade yes, you go "Operator of this service"
fluffypony: numerisTrade: yes exactly - the mutual WoT note is how they can confirm it
numerisTrade: thanks, mircea_popescu
fluffypony: personalnick1 rates numerisTrade "I am one of the operators of numerisTrade", numerisTrade rates personalnick1 "This is one of the operators of this service"
fluffypony: if at any time you sell the company / leave / die / whatever that rating could be updated to reflect that
numerisTrade: ok, I wil apply this.
fluffypony: "Was one of the operators, got hit by a bus"
mircea_popescu: "we wish him a happy valhalla"
mircea_popescu: you know, you never hear much of folkvangr
fluffypony: ;;google folkvangr
gribble: Fólkvangr - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/F%C3%B3lkvangr>; Death in Norse paganism - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Death_in_Norse_paganism>; Norse Mythology | Locations in Scandinavia & Germantic Countries: <http://www.viking-mythology.com/locations.php>
mircea_popescu: fluffypony odin gets half the dead. freya the other half.
fluffypony: got it
numerisTrade: by the way, would you like to comment the repo trades we offer? http://numeristrade.blogspot.com/p/products.html
mircea_popescu: well now that i know you do, yes, lol.
mircea_popescu: first comment being that blobspot sucks.
pankkake: weird not even a folkvangr in my music library
mircea_popescu: numerisTrade how do you take the collateral ?
pankkake: at least it's not the new style blogspot that requires javascript
numerisTrade: I know, I know. It's just that we didn't want to focus on the website at first
mircea_popescu: pankkake i know right ? an even split turns through the meta ear of humanity into an 99.99999% - 0% split. goes to show just how cultivated your average human alive is.
mircea_popescu: for instance : i would prefer to go live with the goddess of fuck than with some boastful hipster that ~is destined to fail and die~.
numerisTrade: in ripple fiat-denominated IOUs
numerisTrade: the purpose of it is to be withdrawable from bitstamp et alia
pankkake: I wasn't aware BitstampEUR existed
mircea_popescu: ok i have to say that is the most obnoxiously stupid thing i heard all year. wtf.
mircea_popescu: numerisTrade so if the guy gives you the ripple iou and walks what do you do ?
numerisTrade: it's the bitstamp IOU. I redeem it at bitstamp and exchange to BTC
pankkake: mircea_popescu: the IOU is towards the exchange, so I don't really see the issue
mircea_popescu: oh so only ious issued by bitstamp ?
assbot: [MPEX] [S.MPOE] 21900 @ 0.00097406 = 21.3319 BTC [-] {2}
numerisTrade: yes, ofc :)
mircea_popescu: what if bitstamp locks your account for engaging in money laundering ?
numerisTrade: then I have a problem
pankkake: well, you can sell/transfer on ripple… actually, ripple is doing the money laundering for bitstamp
mircea_popescu: well, did you check this product you're offering with them ?
assbot: [HAVELOCK] [CBTC] 5572 @ 0.00012908 = 0.7192 BTC [+] {4}
numerisTrade: I can convert to TheRock, but if this is locked as well...
pankkake: which is actually why I'm wondering why Ripple is still a thing with those big exchanges
mircea_popescu: pankkake because nobody gave a shit yet because they have bigger fires to put out because nobody uses ripple.
pankkake: that's my guess, but still, weird
mircea_popescu: kinda, yea.
mircea_popescu: then again, goxusd used to be a thing.
mircea_popescu: then... it went away one day.
pankkake: as with ripple, you can clearly transfer fiat IOUs between accounts, no funny internet money in between
numerisTrade: mircea_popescu, you're right. But there aren't many other possibilities to take collateral
mircea_popescu: numerisTrade but did you check your plan with bitstamp
numerisTrade: If you're asking whether we tried it out, the answer is yes.
mircea_popescu: no, whether you went to whoever runs bitstamp and said, "hey, this is what we plan to do, do you see any problems and can we rely on you for it."
numerisTrade: no, not yet. It is a good idea though, thanks.
mircea_popescu: well, this points to a structural problem in your business planning process.
numerisTrade: I'm all ears
mircea_popescu: you gotta be able to identify all your stakeholders, and you gotta have at least talked to them.
mircea_popescu: but if you fail to even identify them, that's a strategic failure. failure to talk to them compounds operational failure on top of strategic failure and is how "surprises" happen
mircea_popescu: the sort that are surprising to everyone except you know, businessmen.
mircea_popescu: moving on : how do you expect to compete with stuff like x.eur (which also gets no volume worth the mention, come to think of it)
numerisTrade: x.eur is a slightly different product, it's a future, not a repurchase agreement, and so it serves a little bit different purposes (e.g. cannot be used as a secured loan). besides. it's not otc
mircea_popescu: well technically yours is not otc either, it's on ripple.
numerisTrade: so we didn't think of it as a competition actually
numerisTrade: otc as in not standarised and on central order book
mircea_popescu: well that is also a point of strategic failure. because competition it is, definitely : one wanting to short btc can either buy euros for delivery on bc at his option, or enter in your cfd.
mircea_popescu: and the unrepresented risk you have here is that if there's two slightly different products addressing roughly the same market,
pankkake: I should write a "price translator" for X.EUR. perhaps combine it with my existing B-C bot
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03129704 = 0.2504 BTC [-]
mircea_popescu: you can easily end up with the traintracks problem
pankkake: though for my use I don't see much of an advantage vs. trading on B-C directly
numerisTrade: in that matter, yes it is.
mircea_popescu: that is, what if all the good business flocks to one and all the scammers to the other ?
mircea_popescu: which is exactly what strategic planning for businesses is : "foreseeing" these problems and addressing them.
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
numerisTrade: obviously, we're scammed, then :) by the way, thanks for pointing the stakeholder issue
numerisTrade: traintracks problem? could you explain, please?
mircea_popescu: it's an us idiom. old style (esp southern) towns had a "right side of the tracks", where respectable people lived
mircea_popescu: and a wrong side, where mostly the blacks were quartered.
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0311 = 0.1244 BTC [-]
mircea_popescu: preventing such a fate for bitcoin, for instance, has been 90% of all the work of 2012 and 2013
numerisTrade: returning for the while to the competition issue, currently, the main problem is the volume, not too tight competition, as I believe
mircea_popescu: pankkake the x.eur has the advantage that being supported by push txn and exchange sigs, you can enter into derivative gpg contracts of infinite complexity and actual otc quality on its basis.
mircea_popescu: numerisTrade but "currently" can not stand as an argument in a strategic matter.
pankkake: well, perhaps, but I can't and don't need those things yet :)
mircea_popescu: whether the bridge is built well or badly is not related to whether it currently rains
mircea_popescu: pankkake that's fine eh :D
pankkake: nor do I get much lower trade fees on coinbr (0.5 vs. 0.59)
numerisTrade: but you are actually right that x.eur is a good base for otc derivatives
assbot: [MPEX] [S.MPOE] 19600 @ 0.00097071 = 19.0259 BTC [-] {3}
numerisTrade: you've given us much to think about
mircea_popescu: numerisTrade if you'll stand the statement, i'll say that this has been an illuminating exercise as to the value of higher education. while you're a trained economist and the average forum dweller is a highschool drop-out, you and them are both about equally inept in business. the one difference is that your higher training allows you to understand what i say, and their lack of education denies them same.
numerisTrade: I'll regard that as a compliment
pankkake: I would have to agree on economists being inept at business. not that it's bad, they can be good economists, it's just another domain
mircea_popescu: pankkake it's more of a "go to college my son, not so you can do great things, but so you may understand why the men doing great things are laughing at you, and laugh with them."
mircea_popescu: the specialisation isn't really all that important.
numerisTrade: nevertheless, it's true that we're still learning
mircea_popescu: well this has been a productive morning. and outside... it's sunny, but rain drops are falling
ozbot: raindrops keep falling on my head - YouTube
pankkake: so today's big news is that zuckerberg drops the hoodie
assbot: [HAVELOCK] [AM100] 56 @ 0.00458548 = 0.2568 BTC [+]
fluffypony: lol, pankkake, someone commented on that - "INB4 Technology blogs think they're clever naming this FreeBleed."
mircea_popescu: Affects: All supported versions of FreeBSD.
pankkake: and the many OSes which copied that TCP stack
mircea_popescu: which is afaik everyone
mircea_popescu: who wrote their own tcp stack ? netbsd ?
pankkake: I don't think OpenBSD has the same, and nor does Linux of course
atcbot: [X-BT] Bid: 195 Ask: 220 Last Price: 225 24h-Vol: 116k High: 225 Low: 195 VWAP: 217
mircea_popescu: ThickAsThieves: while this is a public place, it isn't necessarily fairly distributed to shareholders << that is an option the shareholders take on their own backs.
mircea_popescu: someone not reading the logs is making a conscious and deliberate move.
mircea_popescu: "I've been a few months there and no problem. If only they allowed btc/usd trading..." uh color me fucking confused. isn't that EXACTLY what bit4x does ?
mircea_popescu: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 50.43373066 BTC
assbot: [MPEX] [S.MPOE] 15450 @ 0.00096904 = 14.9717 BTC [-] {2}
mircea_popescu: "Perhaps URLs are just destined to be an implementation detail that the next generation of users won’t even know exists. Maybe I was crazy to think that URLs were a permanent part of our culture. Still, I’ll miss the damn things. Let’s pour one out for the URL."
mircea_popescu: what the fuck perhaps.
mircea_popescu: i will burn apple and facebook in urine before i give up the url.
mircea_popescu: who the fuck cares about some shitty us corps already, jesus christ on a popsicle.
pankkake: they already buried the http(s):// :(
ozbot: Bitcoin Transaction 6ea5c6f1a97f382f87523d13ef9f2ef17b828607107efdbba42a80b8a6555356
mircea_popescu: blockchain is back to that number.
mircea_popescu: pankkake so they like to think.
pankkake: chrome devs even refuse to make it an option
mircea_popescu: bitcoinpete: fluffypony: i could see people who aren't writers/thinkers being perfectly ok with the "cleanliness" of buried urls << yeah, because to the idiot everything that he doesn't grok is dirty.
mircea_popescu: pankkake well i don't use chrome.
pankkake: no one should, but that's not the point :)
mircea_popescu: meanwhile yes, they are killing in my logs.
mircea_popescu: 40% of all traffic or some shit like that.
asciilifeform: FreeBSD << obligatorily mumbles, 'don't blame the mice.'
fluffypony: Google Ultron is a MUCH better browser than Chrome
fluffypony: plus NASA uses it so you know it's good
fluffypony: </obscure_reference>
assbot: [HAVELOCK] [PETA] 73 @ 0.0700174 = 5.1113 BTC [-] {7}
mircea_popescu: asciilifeform blame everyone involved.
mircea_popescu: equally, and equal to the entire pot.
assbot: [HAVELOCK] [PETA] 2 @ 0.07 = 0.14 BTC [-]
mircea_popescu: fluffypony: BingoBoingo: yeah, good food definitely wasn't on their priority list of "cool places to show Riccardo" << so what happened, her two boyfriends took you around town to party ?
fluffypony: mircea_popescu: much worse than that - her dad played tour guide
mircea_popescu: punkman: fluffypony, because someone smart left the keys on the door (on the inside) << were these... gpg keys ?
fluffypony: I'd have loved it if she had two boyfriends who took me out to party, at least I would've had a godo time
mircea_popescu: badoom-tsks
fluffypony: *good
mircea_popescu: your slutometer is clearly broken.
fluffypony: clearly
asciilifeform: wtf, is this 'the onion'? 'urls abolished?' what'd i wake up do
mircea_popescu: asciilifeform welcome to 2023.
assbot: [HAVELOCK] [B.MINE] 33 @ 0.03102422 = 1.0238 BTC [-] {6}
mircea_popescu: fluffypony i once lost my watch. the only one time i lost my watch. i was completely wtf'd as to where i could have put the thing ?! or maybe... justmaybe... some handslight actually got it off me and now i'm never going to hear the end of "o lalala i stole mps watch lalala" *whack* ?
assbot: [HAVELOCK] [B.MINE] 68 @ 0.0293048 = 1.9927 BTC [-] {10}
mircea_popescu: so the father of this cute schoolgirl gives me back my watch.
mircea_popescu: he had found it.
mircea_popescu: he had found it, at their 2nd town appt, where the girl's grandmother lived in the summers, which was atm empty being winter.
mircea_popescu: he had found it, on this particular bedside niche hidden spot that's only accessible really if you're lying in bed
assbot: [HAVELOCK] [B.SELL] 22 @ 0.03349828 = 0.737 BTC [+] {7}
mircea_popescu: he had found it, because he was there with his wife... and they...well... they got a little frisky
mircea_popescu: and so...
mircea_popescu: awkward moment ensues, im trying to recall if the girl's 16 even...
assbot: [HAVELOCK] [B.SELL] 11 @ 0.03395502 = 0.3735 BTC [+] {11}
assbot: [HAVELOCK] [B.MINE] 6 @ 0.029 = 0.174 BTC [-] {6}
assbot: [HAVELOCK] [B.SELL] 12 @ 0.03441776 = 0.413 BTC [+] {12}
fluffypony: that must've been a fun convo
mircea_popescu: "Taaki is an Iranian-British free-market anarchist and developer of high-profile bitcoin projects like the decentralized online marketplace prototype DarkMarket"
mircea_popescu: ok that's fucking it. wired is under embargo from now on.
mircea_popescu: YOU PEOPLE ARE FUCKWITS GET YOUR FUCKING HEADS OUT OF YOUR FUCKING POOP CHUTES AND DO SOME RESEARCH.
mircea_popescu: fluffypony actually it ended there. what was he doing to say.
asciilifeform: wait, that taaki?
asciilifeform: bob the goat-builder?
assbot: [HAVELOCK] [B.SELL] 3 @ 0.035 = 0.105 BTC [+] {3}
fluffypony: cue movie voice over guy: DARK (dark dark dark) MARKET (market market market)
mircea_popescu: asciilifeform yes. wired is below fucking daily mail.
assbot: [HAVELOCK] [B.SELL] 12 @ 0.03574998 = 0.429 BTC [+] {12}
asciilifeform: incidentally, the term 'wired' in usa is not always to do with wires. it is also a traditional euphemism for tripping on strong dope.
mircea_popescu: "learn the secret nigerian dairy farmers hate : how an Edinburgh mum built a functioning goat out of tooth paste and some wood shavings"
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03674998 = 0.294 BTC [+] {8}
asciilifeform: 'mr dope was quite wired, spent three days re-arranging hammers in tool chest'
ozbot: What We Do in the Shadows - Official Trailer - YouTube
mircea_popescu: anyway, it's refreshing to see that a) taaki is continuing his gofer career, because that's what the guy does, much a la gmaxwell : he tries to associate with important projects in the hopes that people with money are stupid enough to go by what fucktarded ragazines publish, and so maybe he can get some.
mircea_popescu: this plan isn't working, the guy lived in squalor in 2004 and lives in squalor today and will live in squalor in 2024 too
asciilifeform: seems to contradict the biologists' maxim 'parasite is either fat or dead'
mircea_popescu: but b) that he's fucking moved on from bitcoin and now is reduced to trying to leech geeks a la cody wilson. that's a net positive.
mircea_popescu: asciilifeform well this one parasite is ugly.
asciilifeform: the little fleas, have smaller fleas, ... etc
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03716666 = 0.223 BTC [+] {6}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03794999 = 0.3795 BTC [+] {10}
ozbot: I knew I couldn't build a cat - Everything2.com
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03881249 = 0.3105 BTC [+] {8}
assbot: [HAVELOCK] [PETA] 3 @ 0.0738544 = 0.2216 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03908 = 0.1954 BTC [+] {5}
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03946665 = 0.2368 BTC [+] {6}
assbot: [MPEX] [FN] [F.MPIF] 10000 @ 0.000215 = 2.15 BTC
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03987498 = 0.1595 BTC [+] {4}
assbot: [MPEX] [FN] [F.MPIF] 5000 @ 0.000215 = 1.075 BTC
random_cat: and here i thought taake was a lame norwegian black metal band
mircea_popescu: "Google reaped both sides of the coin, got money from the advertisers, used the publishers, and didn’t
mircea_popescu: have to pay them a single penny. We were told to go and look into the publishers accounts, and if any
mircea_popescu: publisher had accumulated earnings exceeding $5000 and was near a payout or in the process of a
mircea_popescu: payout, we were to ban the account right away and reverse the earnings back. They kept saying it was
mircea_popescu: needed for the company, and that most of these publishers were ripping Google off anyways, and that
mircea_popescu: their gravy train needed to end. Many employees were not happy about this. A few resigned over it.
mircea_popescu: I did not. I stayed because I had a family to support, and secondly I wanted to see how far they would
assbot: [HAVELOCK] [B.SELL] 10 @ 0.04004899 = 0.4005 BTC [+] {7}
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
assbot: [MPEX] [S.MPOE] 18350 @ 0.00096659 = 17.7369 BTC [-] {2}
mircea_popescu: The new policy; "shelter the possible problem makers, and fuck the rest" (those words were actually said by a Google AdSense exec) when he spoke about the new procedure and policy for "Account Quality Control".
assbot: [MPEX] [S.MPOE] 4400 @ 0.00096524 = 4.2471 BTC [-] {2}
mircea_popescu: punkman that's actually quite well matched to market signals. i wonder if anyone'll ever investigate these matters. seems sort-of like a probe in gazprom.
mircea_popescu: no soviets ever investigate teh crown jool.
mircea_popescu: "It involved skewing data in Google Analytics. They decided it was a good idea to alter the statistical data shown for websites. It first began with just altering data reports for Analytics account holders that also had an AdSense account, but they ran into too many issues and decided it would be simpler just to skew the report data across the board to remain consistent and implement features globally."
mircea_popescu: ok im republishing this shit.
assbot: [HAVELOCK] [B.MINE] 5 @ 0.02850064 = 0.1425 BTC [-] {3}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 10 @ 0.0295619 = 0.2956 BTC [+] {10}
assbot: [HAVELOCK] [B.MINE] 9 @ 0.02983268 = 0.2685 BTC [+] {9}
assbot: [HAVELOCK] [B.MINE] 8 @ 0.03099998 = 0.248 BTC [+] {8}
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03540211 = 0.177 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03947965 = 0.2369 BTC [+] {6}
ozbot: The Serious IPO, a moment in the life and times of forum investing pe Trilema - Un blog de Mircea Po
pankkake: that was my thought when I saw the pic
pankkake: they have the same photoshop skillz
mircea_popescu: now someone make a forum account put that shit up there.
pankkake: informationS is usually how I spot French guys writing in English
mircea_popescu: not just french.
mircea_popescu: also ex french colonies
mircea_popescu: (aka africa)
jurov: uh oh mpif is on
pankkake: yeah jurov stop scamming us
mircea_popescu: jurov hai.
assbot: [HAVELOCK] [B.MINE] 4 @ 0.0305 = 0.122 BTC [+] {2}
jurov: hi mircea
jurov: buying mpif viac oinbr works nao
assbot: [MPEX] [FN] [F.MPIF] 30000 @ 0.000215 = 6.45 BTC
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03450424 = 0.1035 BTC [-] {3}
mircea_popescu: jurov for a moment there i thought you may be off on something ungodly like i dunno, a 1st may vacatgion or something
assbot: [MPEX] [FN] [F.MPIF] 4765 @ 0.000215 = 1.0245 BTC
jurov: no, that was tonight ;D
pankkake: the French are forbidden to work today! it's work day
assbot: [MPEX] [FN] [F.MPIF] 37650 @ 0.000215 = 8.0948 BTC
assbot: [MPEX] [FN] [F.MPIF] 4750 @ 0.000215 = 1.0213 BTC
ozbot: PROSLIMBS INC AMAZING INVESTMENT OPPORTUNITY
jurov: assbot does not react to ozbot? or it's only the capitals?
asciilifeform: happy w☭rkers' day, compadres.
jurov: how do you called comrade in russia? tovarish?
asciilifeform: jurov: товарищ
jurov: indeed. we called them "súdruh","súdružka"
asciilifeform: aha slovak
assbot: [MPEX] [FN] [F.MPIF] 4628 @ 0.000215 = 0.995 BTC
fluffypony: pankkake: me
jurov: while "družka" is more like life and sexual partner.. dunno how commies though it's appropriate
pankkake: cool
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03191666 = 0.1915 BTC [+] {6}
mircea_popescu: drugi srsly ?!
fluffypony: NotLambchop is my favourite person on the securities subforum lately
asciilifeform: what's remarkable here ?
mircea_popescu: asciilifeform the part where they call party members bffs ?
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
asciilifeform: and a priest is 'father', no one thinks this odd
mircea_popescu: actually i do, but anyway.
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03801236 = 0.3041 BTC [+] {8}
mircea_popescu: wouldn't you find it odd if some othrodox country actually called the priest "cousin" ?
jurov: not just party members, everyone was supposed to do it, like "mr." and "ms." equivalent
asciilifeform: anyway, for the noobs, the slavic languages are almost 'plug-compatible,' just gotta bend a few pins.
Apocalyptic: I heard fico likes to be called that way
mircea_popescu: same here. tovarasi was so commie-imbued in romanian it pretty much died out
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03878541 = 0.2715 BTC [+] {7}
assbot: [HAVELOCK] [ALC] 3 @ 0.14 = 0.42 BTC
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02850187 = 0.171 BTC [-] {2}
asciilifeform: not a bad occasion to stop and wonder, what ordinary words of today will die the same death.
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03919196 = 0.196 BTC [+] {5}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
assbot: [HAVELOCK] [B.MINE] 4 @ 0.02850121 = 0.114 BTC [-]
mircea_popescu: liberal is pretty much dead. libertard will probably survive.
asciilifeform: liberast.
mircea_popescu: the only thing that connotes in english is rastafarian
assbot: [HAVELOCK] [B.SELL] 4 @ 0.039 = 0.156 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 6 @ 0.0285008 = 0.171 BTC [-] {2}
mircea_popescu: which are like, the pre-pastafarian pastafarians.
assbot: [HAVELOCK] [B.MINE] 7 @ 0.0325714 = 0.228 BTC [+] {7}
kakobrekla: !up venzen
assbot: Voicing venzen for 30 minutes.
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03257113 = 0.228 BTC [-] {7}
kakobrekla: fyi, you need a voice to speak here
venzen: hehe, HeySteve just dropped off
kakobrekla: you can get voiced yourself once you get some wot rating from someone close enough to assbot
venzen: ok, thanks kakobrekla
mircea_popescu: lol the small amount of oppression. the oppressed don't even know about it!
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03299666 = 0.198 BTC [+] {6}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 4 @ 0.0340005 = 0.136 BTC [-] {3}
venzen: ok, i will hangaround and wait for someone i know
mike_c: that bit4x email is great. "You are not too bright. All Best, Matic"
assbot: [HAVELOCK] [B.MINE] 6 @ 0.03299466 = 0.198 BTC [-] {6}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0340002 = 0.17 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 9 @ 0.03333298 = 0.3 BTC [+] {9}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03319918 = 0.166 BTC [-] {3}
jurov: !up HeySteve
assbot: Voicing HeySteve for 30 minutes.
assbot: [HAVELOCK] [B.MINE] 7 @ 0.0335428 = 0.2348 BTC [+] {7}
assbot: [HAVELOCK] [RENT] 59 @ 0.00543609 = 0.3207 BTC [-] {4}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03285 = 0.3285 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03355708 = 0.2349 BTC [+] {7}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
kakobrekla: so HeySteve you know this venzen guy ?
mike_c: kakobrekla: pif trades are flowing. thanks.
kakobrekla: mike_c :)
assbot: [HAVELOCK] [B.MINE] 6 @ 0.033566 = 0.2014 BTC [+] {6}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.0323501 = 0.3235 BTC [-] {4}
kakobrekla: mike_c btw, i summed the missed ones in a single 470k trade
kakobrekla: so the vol should be correct, just timing a little off
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
mike_c: ok. that's not far off from what happened anyway i believe. couple big blocks sold.
fluffypony: mike_c: which bit4x email?
kakobrekla: o yeah, we now have venzen here cause of that post, allegedly a friend of heysteve.
kakobrekla: no wot yet, so let see how that goes.
mircea_popescu: kakobrekla whichg post ?
kakobrekla: the one mike just linked
assbot: [HAVELOCK] [ALC] 3 @ 0.14 = 0.42 BTC
thestringpuller: mircea_popescu: do you have a definition of a n00b lying around?
mircea_popescu: not voiced here ?
assbot: [HAVELOCK] [B.MINE] 12 @ 0.033599 = 0.4032 BTC [-] {3}
assbot: [HAVELOCK] [B.SELL] 12 @ 0.03150111 = 0.378 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 13 @ 0.06474168 = 0.8416 BTC [-] {3}
assbot: [HAVELOCK] [B.MINE] 12 @ 0.033599 = 0.4032 BTC [-]
assbot: [MPEX] [S.MPOE] 5700 @ 0.00097085 = 5.5338 BTC [+]
assbot: [MPEX] [S.MPOE] 6301 @ 0.00097085 = 6.1173 BTC [+]
assbot: [HAVELOCK] [PETA] 100 @ 0.06867792 = 6.8678 BTC [-] {9}
ozbot: F.MPIF last 4628@0.00021500
kakobrekla: lol top ask = scam
assbot: [HAVELOCK] [PETA] 160 @ 0.06775852 = 10.8414 BTC [-] {3}
pankkake: reminds me of gold old sandstorm on havelock
kakobrekla: what happened there?
assbot: [HAVELOCK] [PETA] 5 @ 0.07379992 = 0.369 BTC [+] {2}
pankkake: sold all (~100 BTC) in a few minutes and resold at 10× price right after
pankkake: and that was a fund, too. don't know who
assbot: [MPEX] [S.MPOE] 10750 @ 0.00097104 = 10.4387 BTC [+] {2}
assbot: [MPEX] [FN] [F.MPIF] 200000 @ 0.000215 = 43 BTC
jurov: um...is marketmaker allowed to front run the IPO?
mike_c: ooh, the pif liquidity manager runs a brokerage.
assbot: [HAVELOCK] [B.SELL] 21 @ 0.03599787 = 0.756 BTC [+] {2}
mike_c: that seems like an opportunity for something
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02850035 = 0.171 BTC [-] {2}
assbot: [MPEX] [FN] [F.MPIF] 40000 @ 0.000215 = 8.6 BTC
assbot: [HAVELOCK] [B.EXCH] 6 @ 0.06474168 = 0.3885 BTC [-]
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03599787 = 0.216 BTC [+]
jurov: mike_c: clients can see mpex receipts, so i can't do any straightforward meddling
kakobrekla: anyone can see the your full stat ?
ThickAsThieves: he'll be reporting all trades at least
ThickAsThieves: if i recall
mircea_popescu: !t m f.mpif
assbot: [MPEX:F.MPIF] 1D: 0.000215 / 0.000215 / 0.000215 (832805 shares, 179.05 BTC), 7D: 0.000215 / 0.000215 / 0.000215 (832805 shares, 179.05 BTC), 30D: 0.000215 / 0.000215 / 0.000215 (832805 shares, 179.05 BTC)
jurov: yes, i'm going to.. but for not i have to seize the opportunity by hand
mircea_popescu: mk ima add another 1mn shares then.
jurov: oh, at the same price?
mircea_popescu: well yes.
assbot: [MPEX] [FN] [F.MPIF] 167195 @ 0.000215 = 35.9469 BTC
jurov: lolk.. there goes easy profit
fluffypony: well there's that
mike_c: um, doesn't that completely change the fund? what would you do with the next 200 btc?
ThickAsThieves: it goes to fund assets
mircea_popescu: mike_c dump some moar into jdice, for instance.
ThickAsThieves: shouldnt mp be listed as a manager?
pankkake: the just-dice one can easily be grown (though profit will not grow exactly linearly)
mircea_popescu: general manager even
assbot: [MPEX] [FN] [F.MPIF] 10000 @ 0.000215 = 2.15 BTC
mike_c: seems like if you raise more funds it will turn into the panacea/JD fund. the other pcs can't handle much more capital.
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03669396 = 0.3669 BTC [+] {7}
mircea_popescu: mike_c i think it varies a lot over time too. for instance, pc4 is currentl;y very little exposed. but as a lot of bets are med term, 6 months, 1 yr
mircea_popescu: the weight of its book will eventually end up significant
ThickAsThieves: regarding my previous comments on bingoboingo soliciting trade info from others, i guess i kind of see it as the MPEx as the purported/aspiring to be SRO in the space. in that sense i think the long-term view might be to consider whether this is really a best practice, and further whether this channel would ultimately serve as fair info distribution to shareholders
mircea_popescu: mpif is also not obliged to put ALL its capital into pcs, it can keep a reserve
asciilifeform: in what sense is the channel anything other than public ?
mircea_popescu: ThickAsThieves this channel does serve as the info distribution for all bitcoin finance.
mircea_popescu: this is so by fiat.
ThickAsThieves: it's not a question of whether this is public
asciilifeform: in other news,
asciilifeform: (long time, no turds!)
fluffypony: awwww
fluffypony: they deleted my PROSLIMBS posts
mircea_popescu: who's they ?
fluffypony: moderators
ThickAsThieves: it removes possibility of being a passive investor in any regard, which i suppose is okay with the right support systems in place
assbot: AMAZING COMPANY!
fluffypony: it's still there
ozbot: PROSLIMBS INC AMAZING INVESTMENT OPPORTUNITY | Bitcointa.lk
fluffypony: but not on the regular forum
ThickAsThieves: having to parse this log all day is relatively shitty a requirement, no?
asciilifeform: 'what do you mean i have to dip them!'
mircea_popescu: ThickAsThieves how do you mean ?
mircea_popescu: why can't oine be a passive investor ?
kakobrekla: mircea_popescu he means too many people have voice
ThickAsThieves: and that not all info here is relevant
mircea_popescu: so wait, we're letting TOO MANY people talk ?
assbot: [MPEX] [S.MPOE] 17378 @ 0.00097179 = 16.8878 BTC [+] {3}
mircea_popescu: i thought you hated the +m originally >D
pankkake: no, just talk too much :)
ozbot: #bitcoin-assets log
ThickAsThieves: well it's not #MPIF
mircea_popescu: ThickAsThieves this is precisely why being a financial professional is... you know... a profession.
pankkake: perhaps the unexisting Trilema TL;DR should also be assets TL;DR
mircea_popescu: if you mean it removes the possibility of expecting to meet the performance of professionals on the budget and investment of an amateur, yes, this is correct.
mircea_popescu: also desirable and unavoidalb.e
ThickAsThieves: right, so what i meant by support systems for passive investors, might be, having independent investment managers
mircea_popescu: and stuff like btcalpha.
mircea_popescu: ie, exactly how markets work, because it's exactly how sanity requires.
ThickAsThieves: but back to soliciting trade info
fluffypony: ThickAsThieves: so why don't we find someone who can spend 2-3 hours a day parsing the logs and making an overview/digest and putting it up, and then put that up on a paywall'd site, the proceeds of which pay their salary?
ThickAsThieves: because it's not "we"'s problem
mircea_popescu: ^ fluffypony on the topic of how good design begets business.
asciilifeform: fluffypony: have you hired someone to chew your food? why not?
dub: IRC professionalz in hurr
ThickAsThieves: how do classify the allowance of the practice of your fund manager soliciting trade info from others?
bounce: didn't we have an expert digester sadly out of a job recently?
fluffypony: dub :)
mircea_popescu: ThickAsThieves what'd he do exactly ?
mircea_popescu: bounce who that ?
FabianB: ;;calc 213.15567101*0.9822
gribble: 209.361500066
fluffypony: asciilifeform: I don't need a digest, I have the time to parse the forum, but if I get caught up in things I can imagine I simply wouldn't have the time for it on an ongoing, daily basis
asciilifeform: fluffypony: what do you plan to get caught up in, that leaves no possibility of reading log? polar expedition?
mircea_popescu wonders what 9822 is
ThickAsThieves: <+ThickAsThieves> well i was pretty sure the 400k ask was you
ThickAsThieves: <+ThickAsThieves> i interpreted it as you forcing things
ThickAsThieves: <+BingoBoingo> ThickAsThieves: Well, that is in the statement
ThickAsThieves: <+ThickAsThieves> yes, it confirmed my suspicion
ThickAsThieves: <+BingoBoingo> ThickAsThieves: Were you the buyer?
FabianB: ;;calc 100-1.78
gribble: 98.22
FabianB: mircea_popescu: ^^
mircea_popescu: FabianB but... ummm
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
FabianB: mircea_popescu: just a funny way to make a bid order in f.mpif
mircea_popescu: a) that was for april and b) panacea is like 20%ish of mpif
FabianB: mircea_popescu: panaceas -1.78
mircea_popescu: FabianB but mpif already reported no loss from panacea in april.
fluffypony: asciilifeform: it takes me a few hours to catch up when I miss stuff (including reading posted links, researching stuff I don't understand, etc.), I don't always have a few hours loose every day, and you know how it goes once you let it slip for a few days - it's easier to just skip the few days you missed
mircea_popescu: related : May 01 01:46:17 <mircea_popescu>mike_c is like never on anymore, he's almost like a guy with a day job and 3 side projects + a small kid or something.
FabianB: no loss for next month?
mircea_popescu: FabianB you expect panacea to lose 1.78 twice in a row ?
FabianB: nah
mircea_popescu: but yeah i get it, you wanted some numbers to put in a formula
FabianB: so mpif invested after the loss?
mircea_popescu: i should hope
FabianB: mircea_popescu: yeah, just that, already bought into the big ask and still wanted to have bids below
fluffypony: "Hello. my name Ewelina S. iam from Poland. in 25 of march i make order for Terra miner 2tgh/s for 5.999$ +1.108$ shipping. I am a single mother who raises two children.I borrowed these monay from family and friends for the development of investment btc.At the moment, my financial situation has changed for the worse, and I was forced to resign from the ordered equipment.Please help me recover my money.If I lose these money i dont know what
jurov: well, i now realize my position is a bit problematic, not cause i'm a broker
fluffypony: will happen with my life.I do not have any contact with Ct please HELP"
assbot: [HAVELOCK] [PETA] 2 @ 0.07377667 = 0.1476 BTC [-]
jurov: but cause i can implement very slightly flawed mm strategy
mircea_popescu: jurov how do you mean ?
jurov: in order to extract more profit
jurov: for myself
kakobrekla: mpif balance in panacea is 50 btc
thestringpuller: !jd MPIF
assbot: Current MPIF account balance on Just-Dice: 50.43159607 BTC
jurov: or i can be accused to at least
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.06474168 = 0.1295 BTC [-]
mircea_popescu: jurov how'd it go ?
ThickAsThieves: jurov wasnt it addressed that front-running would be a fireable offense?
mircea_popescu: ThickAsThieves afaik.
ThickAsThieves: while you *could* implement programmatic ways to do so, i'm not sure you could hide the suspicious activity totally
mike_c: i don't think jurov is in a different situation than anyone else. BingoBoingo could trade the markets on his own book, hanbot could place bets with her own money, etc.
ThickAsThieves: but you are right on the flipside
ThickAsThieves: what if you it looks suspicious, but iisnt an offense
jurov: say, i'd open another anon mpex account and trade the mpif with myself from there
ThickAsThieves: how do you defend yourself
mircea_popescu: jurov so you make losses in your pc acct ?
ThickAsThieves: or less profit than he might have therwise
mike_c: all the pif managers are on the honor system. i assume suspicious behaviors will result in execution by general manager.
mircea_popescu: ThickAsThieves well one's fraud and other's breach of duty of care
ThickAsThieves: well theyre both fraud,
ThickAsThieves: what i meant was
ThickAsThieves: rather than make loss
ThickAsThieves: he could skim
ThickAsThieves: say he wouldve made 5%
ThickAsThieves: and skims it down to 3%
mircea_popescu: it's still front running tho, and pretty visible
ThickAsThieves: what if someone frames him
mircea_popescu: how would someone frame him ?
ThickAsThieves: well let's change that,
ThickAsThieves: what if trades look suspicious
ThickAsThieves: how does he defend himself
mircea_popescu: but listen, he maintains the book.
mircea_popescu: so he has whatever, an order at 5.
mircea_popescu: anyone can go on top of that, at 5.1
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02850252 = 0.171 BTC [-] {4}
mircea_popescu: so why'd this look suspicious ?
ThickAsThieves: say he front runs selectively how do we prove guilt or innocence
mircea_popescu: actually! this brings a very useful clarification.
mircea_popescu: jurov : stay outside of 1% of nav on either direction.
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [ALC] 19 @ 0.14 = 2.66 BTC
mircea_popescu: that's your hard limit.
mike_c: oof. nav is not a spot price..
ThickAsThieves: jurov's job gets easier by the minute!
mike_c: harder
mike_c: now he needs a good price for nav
ThickAsThieves: harder to profit yes
mircea_popescu: mike_c it's not, but it's better if it's collared
mircea_popescu: jurov do you follow the logic of this ?
jurov: well... what if we'll bids/asks both outside nav?
mircea_popescu: suppose nav is 1. you don't bid over .99 and don't ask under 1.01
ThickAsThieves: then he releases more shares
mircea_popescu: that way you can always be overbid by users, should they want to.
mircea_popescu: i won't issue shares unless we're looking at a 105% or something like that.
fluffypony: so when is someone going to fork Altcoin and call it B1tcoin?
jurov: ok, i get it
assbot: [HAVELOCK] [NEOBEEQ] 9790 @ 0.0000502 = 0.4915 BTC [-] {4}
mircea_popescu: ;;calc 215/213.15
gribble: 1.0086793338
mircea_popescu: i guess this was too far inzone.
mircea_popescu: ;;calc 213*1.02
gribble: 217.26
jurov: current positions are 200k shares were bought at 215000 (and selling at 29000) + 7BTC
jurov: plus i bought another 167195 shares myself
jurov: *at 21500
mircea_popescu: alrighty, i'll give you a pass on what looks like a ~0.5% loss so far for may :p
mircea_popescu: $depth f.mpif
mpexbot: mircea_popescu: F.MPIF Bids: ['10000 @ 0.0002113', '20000 @ 0.00020936', '1000 @ 0.00020001', '100000 @ 0.0002', '1000 @ 0.0002']
mpexbot: mircea_popescu: Asks: ['990000 @ 0.00021726', '1000 @ 0.00024', '200000 @ 0.00029', '10000 @ 0.0004', '10000 @ 0.001']
assbot: [MPEX] [S.MPOE] 10500 @ 0.00096862 = 10.1705 BTC [-]
jurov: i don't say the 29k ask is there forever..just till i dust off the bot code
mircea_popescu: anyway, mike_c et all : his job is not so bad, he gets a guaranteed 2.5% every time he flips.
mike_c: i don't understand why you want to keep the price so close to NAV. This thing is supposed to make money. that is worth something. if you issue shares until price drops to close to nav than the roi will be piddling.
mike_c: i am confused.
mircea_popescu: mike_c there are some things conflated in there i don't follow.
ThickAsThieves: so i'll instigate further, what vetting does general manager do for bot software used by managers? basically enough rope to hang themselves?
mircea_popescu: first off, why would this thing "make money" other than through nav going up ?
mircea_popescu: ThickAsThieves i don't do any, their job.
ThickAsThieves: mike_c also note that when new shares are released and purchased, it increases nav for everyone
mircea_popescu: ThickAsThieves how ?
ThickAsThieves: so early buyers still have incentive
ThickAsThieves: well if you sell another 200btc
ThickAsThieves: that goes to assets
mircea_popescu: no, i deposited nav to get another mn shares.
jurov: nav *per share* stays the same
mircea_popescu: 213.2whatevetiwas
ThickAsThieves: i admit i dont really follow
mike_c: ok. NAV is 100 btc and there are 100 shares. investor projects fund will make 10% this year. He values this highly and is therefore willing to pay 1.06 for a share.
Apocalyptic: finance is hard
mircea_popescu: mike_c ok.
mike_c: this is now over 5% over NAV, so you issue more shares.
mircea_popescu: he can't overpay by 6%, because i sell to him at 101.5
mike_c: ok, he buys all of it
mike_c: you issue more shares
mircea_popescu: someone else wants to pay over 15 pips or why do i issue more shares ?
jurov: you updated the price to 21726 ?
mircea_popescu: jurov yes, went out of your bounds. i was at .88% before i enacted the 1% collar for you.
mircea_popescu: gave you some space.
mike_c: ok, let's try this. so say this block sells out (the 2nd 200 btc). and now you stop issuing shares.
mircea_popescu: (could have given you .5% but imo too narrow, so)
mircea_popescu: mike_c i won't stop issuing shares.
mike_c: ..
ozbot: #bitcoin-assets log
ThickAsThieves: i'm still lost on how continual issuance of shares doesnt affect NAV
mircea_popescu: ThickAsThieves because they're issued at nav.
mike_c: that is my point. you are going to keep issuing shares until the ROI drops so low that nobody is willing to pay more than 5% over nav
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03949966 = 0.1185 BTC [+] {3}
mircea_popescu: mike_c 1.5%
ThickAsThieves: so when you say you 'deposit' btc to issue more shares, where does that go?
mircea_popescu: ThickAsThieves into the f.mpif's cash position.
assbot: [HAVELOCK] [B.SELL] 5 @ 0.03969955 = 0.1985 BTC [+] {5}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.02850035 = 0.1425 BTC [-]
ThickAsThieves: so mpif has 200btc and then sells more shares and gets another 200btc
mircea_popescu: roughly.
jurov: gotta go afk, hope nav won't reach 29000/1.01 in the meantime :D
ThickAsThieves: that's 400btc in coffer no?
mircea_popescu: ;;calc 1.015**(12*20)
gribble: 35.632815554
mircea_popescu: that's 1.5% compounded monthly.
ThickAsThieves: i get it now
ThickAsThieves: nav doesnt increase so much as "weight" does
mircea_popescu: exactly.
mircea_popescu: and weight ~= safety.
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03986749 = 0.1595 BTC [-] {4}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
assbot: [HAVELOCK] [B.SELL] 6 @ 0.03999 = 0.2399 BTC [+] {4}
assbot: [HAVELOCK] [B.MINE] 11 @ 0.02918196 = 0.321 BTC [+] {6}
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
ThickAsThieves: mp the link on mpex.co to mpif statements is broken
ThickAsThieves: points to smpif category
mike_c: I'm going to try again. Funds can sell at a premium or a discount to NAV. You are basically saying you won't allow this above +/- 1.5%. The only way I can see to do this is to carry a massive cash balance in the fund.
ThickAsThieves: if that's what the people want...
ThickAsThieves: it would place more weight on mp's mgmt role
mike_c: that's what the general manager wants.
mircea_popescu: mike_c how does one follow from the other ?
assbot: [HAVELOCK] [B.EXCH] 20 @ 0.06474168 = 1.2948 BTC [-]
mike_c: the invested funds will grow. that is worth a premium. cash will not grow. so to keep the premium very small, cash must dominate invested funds.
mircea_popescu: but listen. this is an investment fund. its business is to invest. if it does well, it would naturally receive more cash to invest.
mircea_popescu: sure, in principle the later investments would attract lower margins than the earlier investments.
mircea_popescu: however, this diversification also breeds security.
mircea_popescu: so i guess your objection reduces to this not being a high risk/high reward enough for you thing ?
mike_c: no, i don't think so.
mike_c: (i don't think that's my objection)
ThickAsThieves: i think we're just getting a grip on it
ThickAsThieves: which was probably a large point of the "excercise" of it existing at all ;)
mircea_popescu: well that's why i say
mircea_popescu: exactly :)
assbot: [HAVELOCK] [B.EXCH] 12 @ 0.06474168 = 0.7769 BTC [-]
mircea_popescu: suppose instead of 1.5% (or the initial .88%) i charged 45%.
mircea_popescu: now, anyone trying to get into this fund would first have to take a 45% haircut, as mp tax.
mircea_popescu: what fucking sense does that make ?
jurov: ;;calc 21726/1.01
gribble: 21510.8910891
mike_c: it makes sense if the fund is going to return 50%
mircea_popescu: mike_c not imo.
mircea_popescu: ;;calc 21315 *.99
gribble: 21101.85
mircea_popescu: ;;calc 21315 1.01
gribble: Error: unexpected EOF while parsing (<string>, line 1)
mircea_popescu: ;;calc 21315*1.01
gribble: 21528.15
mircea_popescu: jurov : under 21101 and over 21528
jurov: lol we have to agree if it's /1.01 or *0.99
jurov: it's not the same :)
mircea_popescu: ;;calc 21315 / 1.01
gribble: 21103.960396
mircea_popescu: jurov : under 21103 and over 21528
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.06474168 = 0.6474 BTC [-]
assbot: [HAVELOCK] [B.MINE] [PAID] 2.52398268 BTC to 8`031 shares, 31428 satoshi per share
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0285 = 0.1425 BTC [-]
assbot: [HAVELOCK] [B.MINE] 5 @ 0.0285 = 0.1425 BTC [-]
mircea_popescu: let me make an illustrative working model by what i mean by the size breeds security thing.
jurov: so i can now undercut the 21726 ask? but dunno if that recovers selling fee
mircea_popescu: jurov you can, yes. fee is what, .2%
jurov: ;;calc 21726/21528
gribble: 1.00919732441
jurov: mhm
mircea_popescu: suppose vpif has 1 pc, with 10 btc. at t=0, the share goes for 100 satoshi.
mircea_popescu: at t=1, the sole manager seems to be making a 15% gain
mircea_popescu: now, on model A, the spot tracs this, and the share trades at 115
mircea_popescu: on model B, the spot gets stuck at 101.5 while the capital of the fund swells to 50 btc, of which 10 allocated to pc1.
mircea_popescu: at t=2, the sole manager that seemed to have been making a 15% gain runs off with the whole shebang.
mircea_popescu: for model A, this is a 115 satoshi/share loss.
mircea_popescu: for model B, this is a 20 satoshi per share loss.
mike_c: yes. so this goes back to what i said about the fund will end up carrying a huge cash balance
mike_c: in your example, 80%
mircea_popescu: except this example is 1 pc and mpif has 5, and this example has a shock 15% month, which mpif prolly won't ever have.
mircea_popescu: so yes, it will carry cash. not that much, but in fact just about what's usually considered prudent in fiat.
mircea_popescu: at any rate, nobody went broke holding btc.
mircea_popescu: apple for that matter carries billions in cash, so does berkshire, so do all powerful corps.
mircea_popescu: cash matters.
mike_c: ok. obviously we will see how it plays out. but mpif will make 15% annually, which may end up meaning a 80% cash balance.
mircea_popescu: mike_c no, because these are per month.
assbot: [HAVELOCK] [B.MINE] 6 @ 0.02893333 = 0.1736 BTC [+] {2}
mircea_popescu: if nav is 220 next month, the price goes up for the shares too
mike_c: ok ok. but this then all relies on you having a very good idea what your nav is at a given time.
mircea_popescu: mpif may definitely end up with a large cash balance, but this would be a negative commentary on the btc financial space, rather than on mpif itself.
mircea_popescu: mike_c well that's the one good argument for increasing the berth there, actually. 1.5% may be too narrow,
mircea_popescu: and it may jump further up, according to what experience will indicate
mircea_popescu: the current value is a best guess value.
ThickAsThieves: sounds like the mpif general mgr needs to be an active one
mircea_popescu: hey, i read these logs
mircea_popescu: i have, for like... i dunno, a year or two ? BILLIONZ OF LINES!11
ThickAsThieves: and will you hawk over hanbot's bet progress and such?
ThickAsThieves: basically maintain a dynamic nav as best you can
mircea_popescu: note tho that they're my shares, if i sell them under nav... well... tough tits for me.
bounce: so that's why you talk so much. can skip any lines you wrote yourself come log reading time.
mircea_popescu: bounce no because most of the time i don't remember what i said
mircea_popescu: then im all like... o wow check out how fucking smart this dood is!
mircea_popescu: and then... o wait. it's... me ? win.
bounce: right in character too. my, there goes my snark.
thestringpuller: !ticker moolah
assbot: I don't know those people, and they don't look very friendly.
thestringpuller: !ticker moolah
assbot: I don't know those people, and they don't look very friendly.
thestringpuller: !ticker moolah
assbot: Yeah. No damn tobacco, that's for sure.
mike_c: one piece i was missing is that you will allow the share price to grow. this is different from many funds that keep their share price constant.
thestringpuller: ;;kittylasers
gribble: Error: "kittylasers" is not a valid command.
thestringpuller: ;;laserkitty
gribble: Error: "laserkitty" is not a valid command.
thestringpuller: ;;laserkitteh
gribble: Error: "laserkitteh" is not a valid command.
Naphex: eevening
ThickAsThieves: ;;laserkitten
gribble: Error: "laserkitten" is not a valid command.
ThickAsThieves: ;;laserkittens
gribble: ุ ₍˄.͡˳̫.˄₎ ุ ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew*
moiety: i thought moolah was closing
jurov: we can resume waiting for S.MNKY.. oh it got rebranded to S.LIMBS nao
assbot: [HAVELOCK] [CBTC] 10000 @ 0.00013465 = 1.3465 BTC [+] {7}
assbot: [HAVELOCK] [CBTC] 100000 @ 0.00015292 = 15.292 BTC [+] {31}
fluffypony: who's sir Hassan and who's EricCEO?
mircea_popescu: my guess would be goon lurkers here ?
moiety: I RAPORT THIS TO INTREPOLL. << lol
mircea_popescu: lol any extraditions yet ?
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00013923 = 0.6962 BTC [-] {3}
bounce: INTARPOLL ON TO US? OHO NOES
bounce: wonder if that's actually more than one person. before you know it they hit "hero member" and nobody notices anything wrong.
Duffer1: needs Bitcoin Foundation Member avatar
moiety: intrepoll can extradite me if they like
pankkake: if only we could change avatars… :(
Duffer1: i know :(
moiety: owait it doesnt work like how i was thinking
moiety: why did btctalk stop the avatars btw?
fluffypony: moiety: someone exploited a bug in it
bounce: colour me shocked
fluffypony: and instead of spending a small portion of the few thousand BTC donated to fix it
fluffypony: and re-enable avatars
fluffypony: or, you know, use non-shitty forum software
fluffypony: they decided to just switch off functionality
moiety: will the mythical new software ever happen?
kakobrekla: cant be mythical if it happens
fluffypony: moiety: yes. they are reinventing the wheel from scratch for tens of thousands of Dollars, and it is expected to be released by 2025
moiety: been mythical so far
bounce: you never know. next you know they breed a horse that sings
ThickAsThieves: well considering they had people like garr and john k holding the coins...
moiety: i see john re-appeared
assbot: [MPEX] [S.MPOE] 15900 @ 0.00096501 = 15.3437 BTC [-]
ozbot: Now is Time, tomorrow IS glory = IPO people
fluffypony: where's jurov, he'll enjoy that
moiety: i know someone else that used smf for an altcoin forum, lasted like 2 months before they migrated to other software
gribble: The operation succeeded.
Duffer1: ;;seen vexual
gribble: vexual was last seen in #bitcoin-assets 5 days, 5 hours, 24 minutes, and 5 seconds ago: <Vexual> ty
ozbot: The first trading day of F.MPIF pe Trilema - Un blog de Mircea Popescu.
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
ozbot: Let’s do Mark Cuban pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: your site, %blogtitle%
thestringpuller: ;;later tell BingoBoingo choose a baseball game and we'll go send me a later tell and we'll figure it out
gribble: The operation succeeded.
mircea_popescu: pankkake like another forum ?
mircea_popescu: !up phish
assbot: Voicing phish for 30 minutes.
mircea_popescu: "Hello mrWDunne please advised real offer is mine hassan wants to only delouse you."
mircea_popescu: aaahahahaha
mircea_popescu: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 458.24, Best ask: 460.75, Bid-ask spread: 2.51000, Last trade: 458.03, 24 hour volume: 8861.20016406, 24 hour low: 444.59, 24 hour high: 461.0, 24 hour vwap: 453.600423354
pankkake: well a forum of scams. like that horrific forum about high yield ponzies
mircea_popescu: with this large amount of good quality lulz we should see an uptick in price
asciilifeform: wants to only delouse you... high yield ponzies... << can't help but imagine a prisoner trying to subsist on his own lice.
asciilifeform: then feels robbed, when someone delouses him
mircea_popescu: i suppose one could imagine this far away island where the greatest delicacy is pubic hair lice
fluffypony: I wonder if you could reverse attack those spam comment systems
fluffypony: by having a malicious blogtitle
asciilifeform: there is a great multitude of people who make a hobby of pwning spammers, crapware artists, etc.
asciilifeform: it's about as much fun as catching and eating fleas.
mircea_popescu: im sure you can.
fluffypony: have you seen this?
ozbot: An7i Security: Pwn the n00bs - Acunetix 0day
assbot: [HAVELOCK] [ALC] 1 @ 0.14 BTC
fluffypony: tks pankkake, last played around with running a honeypot ages ago
assbot: [HAVELOCK] [NEOBEEQ] 6026 @ 0.00002533 = 0.1526 BTC [-] {7}
assbot: [HAVELOCK] [NEOBEEQ] 4103 @ 0.00002533 = 0.1039 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEEQ] 4005 @ 0.00002532 = 0.1014 BTC [-] {8}
benkay: "Though Bitcoin’s value is predominantly speculative at this point, a future in which Bitcoin obtains a high and stable value would allow the creation of new financial contracts and mechanisms; these new arrangements would leave regulations and regulated industries in the dust, left to fight over the tawdry remains of those yet unable to migrate to the internet of money or those unwilling (but soon dead)."
mircea_popescu: what, are we still in 2011 ?
assbot: [MPEX] [S.MPOE] 11800 @ 0.00096862 = 11.4297 BTC [+]
benkay: "the future is here, it's just unevenly distributed."
benkay: i'm just highlighting people getting it.
benkay: uptake patterns are interesting etc
assbot: [HAVELOCK] [NEOBEEQ] 30650 @ 0.0000253 = 0.7754 BTC [-] {3}
assbot: [HAVELOCK] [NEOBEEQ] 6346 @ 0.0000253 = 0.1606 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.49969989 BTC [+]
midnightmagic: mircea_popescu: yeah the flynn effect is reversing a little unfortunately. it's a race now, to advance technology to the point where we'll no longer need to advance it, before we can't do it anymore.
assbot: [MPEX] [S.MPOE] 20750 @ 0.000966 = 20.0445 BTC [-] {2}
midnightmagic: (unless it's going to stabilize soon)
mircea_popescu: there's no "we"
mircea_popescu: there is no shared anything among people of different intelligence.
midnightmagic: lol @ weird article though, those aren't the reasons as I understood them.
midnightmagic: hah! that people-quiz thing is pretty awesome.
midnightmagic: We have a Canadian guy who goes down there and talks to Americans.. what's-his-face.. Rick Mercer. https://www.youtube.com/watch?v=BhTZ_tgMUdo
asciilifeform: fuck flynn effect.
asciilifeform: dumbest myth there is
midnightmagic: asciilifeform: You should update the wikipedia article: https://en.wikipedia.org/wiki/Flynn_effect
asciilifeform: i'm a sp4mmz0r, remember
midnightmagic: You are?
asciilifeform: midnightmagic: yeah i was officially proclaimed a spamsock on pediwikia
asciilifeform: existing solely for the purpose of advancing mp's spammade
asciilifeform: or sumthinglikethat
assbot: [HAVELOCK] [DEALCO] 57 @ 0.00291347 = 0.1661 BTC [-] {12}
assbot: [MPEX] [S.MPOE] 11600 @ 0.00096501 = 11.1941 BTC [-]
mircea_popescu: !up multisignaturest
assbot: Voicing multisignaturest for 30 minutes.
multisignaturest: i have no idea what is going on
benkay: nor do any of us
multisignaturest: theres is a an assbot calling me out... something called a mircea+popescu saying !up
ozbot: Now is Time, tomorrow IS glory = IPO people | Bitcointa.lk
mircea_popescu: can't tell if serious...
multisignaturest: HAHHAHAHAHH
assbot: [HAVELOCK] [B.MINE] 5 @ 0.03 = 0.15 BTC [+]
asciilifeform: let's try...
asciilifeform: !up mircеа_рoреscu
assbot: Voicing mircеа_рoреscu for 30 minutes.
multisignaturest: !up mircеа_рoреscu
assbot: Insufficient rights, multisignaturest, !up yourself on PM first.
multisignaturest: !multisignaturestartup
mircea_popescu: wait wut
benkay: ;;gettrust multisignaturetest
gribble: WARNING: Currently not authenticated. Trust relationship from user benkay to user multisignaturetest: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=multisignaturetest | WoT data: http://b-otc.com/vrd?nick=multisignaturetest | Rated since: never
benkay: ;;gettrust multisignaturestartup
gribble: WARNING: Currently not authenticated. Trust relationship from user benkay to user multisignaturestartup: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=multisignaturestartup | WoT data: http://b-otc.com/vrd?nick=multisignaturestartup | Rated since: never
asciilifeform: !up mircea_popescu
assbot: Voicing mircea_popescu without time-limit.
asciilifeform: lol!!!!
asciilifeform: exercise for alert reader.
Apocalyptic: the question is, can you down someone upped by assbot's L1 trust
asciilifeform: !up mircea_popescu
assbot: Voicing mircea_popescu without time-limit.
assbot: [MPEX] [S.MPOE] 10894 @ 0.00096501 = 10.5128 BTC [-]
asciilifeform: damn, so that works without evil magic.
mike_c: Apocalyptic: no. kako has this thing working pretty well now.
asciilifeform: freenode is perfectly happy to eat homographs, though.
asciilifeform: which surprised me.
benkay: !up asciilifeform
assbot: Voicing asciilifeform without time-limit.
benkay: !down asciilifeform
assbot: benkay, you can't do that to asciilifeform.
asciilifeform: i think this used to work...?
mike_c: it used to work if you upped yourself
assbot: [HAVELOCK] [B.MINE] 7 @ 0.03048571 = 0.2134 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 2001 @ 0.00015009 = 0.3003 BTC [-] {2}
assbot: [HAVELOCK] [SF1] 500 @ 0.00089999 = 0.45 BTC [-]
mike_c: !t h rent
assbot: [HAVELOCK:RENT] 1D: 0.00532500 / 0.00583695 / 0.00739958 (639 shares, 3.72980913 BTC), 7D: 0.00532500 / 0.00698735 / 0.00750000 (2411 shares, 16.84651159 BTC), 30D: 0.00532500 / 0.00734936 / 0.00750000 (8205 shares, 60.30151159 BTC)
mike_c: looky there benkay
mike_c: back to 2po price
assbot: [HAVELOCK] [SF1] 650 @ 0.0009 = 0.585 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 10 @ 0.03625 = 0.3625 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 3350 @ 0.00096501 = 3.2328 BTC [-]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.037 = 0.111 BTC [+]
assbot: [HAVELOCK] [SF1] 230 @ 0.0009 = 0.207 BTC [+]
benkay: mike_c i'm trying to ship some goddamn software over here mkay?
benkay: quit distracting me with these scams.
mike_c: just ship and fix it later
benkay: sadly that is the pm's attitude on this project
benkay: "how about we don't do things the right way, saving ourselves maybe 800-1200 dollars that we'll need to spend correcting this bad decision in two weeks"
benkay: guy is classic penny wise and pound foolish
mike_c: good pm's are not common.
benkay: i was going to ask why some people are willing to spend more money to fix the bug their shitty prioritization imposes than doing it right in the first place and then i realized 'o yeah most people are stoopid monkeys'
assbot: [MPEX] [S.MPOE] 25199 @ 0.00096781 = 24.3878 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 1515 @ 0.00015013 = 0.2274 BTC [+]
bounce: not everybody understands the implications of their priorisation decisions, or perhaps chooses to ignore them, or even thinks the overall {business,politics(!)} picture looks better
bounce: a valid question is why the guy made exactly these decisions and perhaps how whoever made him project manager came to that decision
assbot: [MPEX] [S.MPOE] 401 @ 0.00096987 = 0.3889 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.07354182 = 0.2206 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 3949 @ 0.00096883 = 3.8259 BTC [-] {2}
benkay: bounce: he's one of those guys who seems to always prefer the quick hack over spending some time thinking about the problem.
mod6: ye ole bug in the tcp stack 'eh
mod6 rebuilds world
mod6: says that you could just: scrub in all fragment reassemble, but seems better to just patch and be done.
fluffypony: if you have scrub in all in pf you're already a-ok
mod6: yeah.
mod6: i always have that in my pf ruleset, but i need to rebuild anyway :)
mod6: does anyone else remember having to port PF in manually from obsd?
mod6: lol, then finally after like 10 years, fbsd merged it in as a kernel option you can build.
mod6: did anyone here ever use ipfw and feel that pain? i mean, it worked, but it was tricky with that match-first ruleset as opposed to the filtering and match-last system of PF.
mod6: plus then you get the added bonus of like altq+priq.
mod6: <3 PF
mircea_popescu: i kndalike ipfw
mod6: i always thought it was a pain to get it just right. once it worked, it worked good, i mean it did it's job. but i found it more painful for some reason than PF.
mod6: maybe its because i learned on ipfw tho.
mod6: and the first is always the hardest
mod6: :}
fluffypony: mod6: yeah, I remember pf being all the rage, and switching a couple of boxes from fbsd to obsd because I wanted to use pf
assbot: [HAVELOCK] [AM1] 1 @ 0.49969989 BTC [+]
mircea_popescu: in other news,
benkay: what a face
mircea_popescu: there, moar of her mug
mircea_popescu: should suffice.
assbot: [HAVELOCK] [RENT] 50 @ 0.0055002 = 0.275 BTC [-] {2}
mike_c: ;;calc 0.2 / 0.0075
gribble: 26.6666666667
mike_c: 3po investors down 26%. go havelol!
mod6: benkay: yeah but just look at her ass!
mod6: nice rack too @_@
mircea_popescu: "On February 22, 2010, the company approached the city of Phoenix, Arizona with an offer of $10 million to rename the Sky Harbor Airport to Ashley Madison International Airport for a five-year period. Even though the city was in financial trouble, it rejected the offer."
mircea_popescu: tsk tsk. uppity.
jurov: fluffypony i actually had to look to lulzbourse, if PISS is there.. but sadly, it's shopped
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03450066 = 0.1035 BTC [-] {2}
fluffypony: mad shopping skillz
fluffypony: "proslimbs_ink i am not irish. keep working maybe you find a potato. "
jurov: http://cryptocoinstockexchange.com/ ... cuz bitcoinbourse is too short
ozbot: Crypto Coin Stock Exchange - The Wall Street of Crypto Coins
fluffypony: this guy is a machine
fluffypony: he pumps out shitty sites with IPO PDFs more often than I drink wine
fluffypony: and I drink a lot of wine
ozbot: New Shares listing on Bitcoin Bourse "TCT" Truth Shares
moiety: lol fluffypony i could do with some wine today
mircea_popescu: is it the same dude ?
jurov: yes, markus
mircea_popescu: the brick head of the wall street of cryptostuff
assbot: [HAVELOCK] [B.SELL] 5 @ 0.0345002 = 0.1725 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 25 @ 0.0058 = 0.145 BTC [+] {3}
assbot: [HAVELOCK] [B.SELL] 4 @ 0.03649999 = 0.146 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 5 @ 0.031 = 0.155 BTC [+]
assbot: [HAVELOCK] [AM100] 58 @ 0.0045 = 0.261 BTC [-] {3}
mircea_popescu: !up Rulother
assbot: Voicing Rulother for 30 minutes.
assbot: [HAVELOCK] [AM100] 161 @ 0.00442232 = 0.712 BTC [-] {2}
Rulother: Thank you
mircea_popescu: my pleasure.
assbot: [HAVELOCK] [AM100] 23 @ 0.00440026 = 0.1012 BTC [-] {2}
fluffypony: Have you heard about the Oscar Pistorius drinking game?
fluffypony: every time someone goes to the loo you take 4 shots
Naphex: i never understood drinking games
Naphex: just drink
Naphex: you thirsty, drink
mircea_popescu: ;;ident kakobrekla
gribble: Nick 'kakobrekla', with hostmask 'kakobrekla!~kako@unaffiliated/kakobrekla', is identified as user 'kakobrekla', with GPG key id 27AF75321F2489E8, key fingerprint 27C3CE9A20851312F086268C27AF75321F2489E8, and bitcoin address None
Naphex: not drunk enough, drink
mircea_popescu: Naphex gotta get the girls drunk somehow.
mircea_popescu: it occurs to me, the sad case of deprived.
Naphex: hehe
mircea_popescu: had the man just been patient, something like mpif would have been exactly right for him. but instead... had to get involved with cypher-whatever it was.
mircea_popescu: ruined a reputation, lost a stash, either of these'd have been worth millions in the future.
Naphex: whom?
mircea_popescu: deprived.
assbot: [HAVELOCK] [CBTC] 2000 @ 0.00014648 = 0.293 BTC [-]
assbot: [HAVELOCK] [CBTC] 1000 @ 0.00014638 = 0.1464 BTC [-]
assbot: [HAVELOCK] [CBTC] 1000 @ 0.00014648 = 0.1465 BTC [+]
bounce: eh. so. uhm. advert banner: "a highly addictive FREE adult game" under some not-especially-well-done renders of nekkid chixx with pointy ears in leia-bra, sporting wings, or atop a unicorn. what'd they do, raid cghub and sell it as pr0n?
assbot: [HAVELOCK] [B.SELL] 7 @ 0.03400002 = 0.238 BTC [-] {2}
assbot: [HAVELOCK] [RENT] 25 @ 0.0058 = 0.145 BTC [+]
mircea_popescu: what's cghub
bounce: oh, looks closed down. wondered why things'd gone br0ked. anyhow, place for sharing 3d computer graphics models.
mircea_popescu: but like... 10 years ago no ?
Apocalyptic: mircea_popescu, it's fair to say he deprived himself from a successful future
mircea_popescu: Apocalyptic i guess so. sucks.
cgcardona_: good morning #bitcoin-assets o/
mircea_popescu: heya aussie.
fluffypony: cgcardona_:)
fluffypony: how goes it?
cgcardona_: good. just ordered some (admittedly low end) gear for my recording studio project
cgcardona_: https://gist.github.com/cgcardona/52fb48cb857fe8aec577 in case anyone is interested
ozbot: New gear for my Kauai music studio
cgcardona_: i just moved back to kauai from SF and sold all of my gear before I left the city
cgcardona_: so I'm starting over w/ some cheap gear just to get set up.
cgcardona_: how you doing? anything exciting happening?
jurov: MPIF is selling
jurov: !up Kushed
assbot: Voicing Kushed for 30 minutes.
jurov: !up Enky
assbot: Voicing Enky for 30 minutes.
bounce: what're you recording?
jurov: ???
cgcardona_: my personal music. Here are some of my older songs https://soundcloud.com/cgcardona
cgcardona_: but I'm working on a bunch of new stuff so that's why i ordered the gear
cgcardona_: do you play/record bounce ?
bounce recalls "doing internet radio" with a kick mike (nice and low response on the voices), homemade spit filter, a (PA) mixer panel, I forgot what for playing records, and, uh, a couple peecees for the recording and streaming. (winamp on w95 with encoder plugin to icy server on linux, then somethingorother for multicast)
bounce: used to do some band mixing when nominally a student, even did a quick course on it. was kinda fun.
cgcardona_: wow your internet radio setup sounds epic
mircea_popescu: !up supay
assbot: Voicing supay for 30 minutes.
supay: thanks for that
mircea_popescu: so who're you ?
bounce: the uplink was 64kbit ISDN back then. I think we split it out on a box on campus with 100Mbit, which was pretty good for ~2000. for (possibly fake, as in from the next room over the pabx) dialin we cut up an old "second ear" on a phone.
supay: mircea_popescu: Someone who wants to make a lot of money.
mircea_popescu: haha okay.
supay: I was told that I could learn a lot from this channel.
supay: So I thought I would watch, and learn.
supay: Who are you mircea_popescu?
cgcardona_: haha.
bounce: good question. :)
cgcardona_: def some wisdom around here for anyone who has ears to listen.
cgcardona_: ;;gettrust supay
gribble: WARNING: Currently not authenticated. Trust relationship from user cgcardona_ to user supay: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=cgcardona_&dest=supay | WoT data: http://b-otc.com/vrd?nick=supay | Rated since: never
mircea_popescu: im just this guy that keeps naming things after himself in a vain but ultimately doomed hope of surviving thusly.
cgcardona_: you'll lose voice+ after 30 minutes (is that how long it is?) and if you aren't in the wot you can't speak in here supay
cgcardona_: just fyi ^
supay: mircea_popescu: interesting.. looks like I can learn from this chan after all..
supay: cgcardona_: and how would get on the wot?
bounce: five hours old and a cloak. quick work. where're you from? your name's not jenkins by any chance?
supay: no it is not
cgcardona_: supay: here is the highlevel trilema post (sorry MP hope you don't mind me swooping on the link post) http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/
supay: thank you cgcardona_
cgcardona_: that's a good place to start w/ the high level wotupwidit
cgcardona_: supay: no prob. :) glad to help. I can pass the newb crown to you
cgcardona_: :-D
kakobrekla: isnt dat link in the wiki :p
supay: :)
kakobrekla: it is.
ozbot: wot_and_reputation [bitcoin assets wiki]
mircea_popescu: cgcardona_ links are made for sharing, like womenz.
cgcardona_: ha
supay: nice blog mircea_popescu
mircea_popescu: $depth f.mpif
mpexbot: mircea_popescu: F.MPIF Bids: ['50000 @ 0.0002151', '5000 @ 0.0002151', '500 @ 0.0002151', '5000 @ 0.000215', '1400 @ 0.00021333']
mpexbot: mircea_popescu: Asks: ['99600 @ 0.00021725', '990000 @ 0.00021726', '1000 @ 0.00024', '100000 @ 0.00029', '10000 @ 0.0004']
kakobrekla: anyway i still think you should hit the wiki first on your quest, supay .
cgcardona_: yea good advice. kakobrekla is a sage indeed.
supay: alright kakobrekla. will do.
bounce: (here's a herring)
mike_c: mircea_popescu: did you change the price for the new shares to 21726?
mircea_popescu: mike_c yeah. see logz.
assbot: [HAVELOCK] [PETA] 2 @ 0.0728 = 0.1456 BTC [+]
assbot: [HAVELOCK] [PETA] 2 @ 0.07250035 = 0.145 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 4 @ 0.07220302 = 0.2888 BTC [-] {4}
benkay: !up ryepdx
assbot: Voicing ryepdx for 30 minutes.
assbot: [HAVELOCK] [PETA] 29 @ 0.07131323 = 2.0681 BTC [-] {7}
assbot: [MPEX] [S.MPOE] 4200 @ 0.0009712 = 4.079 BTC [+]
Naphex: /last mpif
thestringpuller: !last m f.mpif
assbot: Last trade for F.MPIF on MPEX was at 0.00021725 BTC [+]
benkay: kakobrekla: assbot doesn't seem to like users not authed with the same WoT handle as their IRC nick.
kakobrekla: affirmative.
benkay: is there a workaround?
benkay: kinda unnecessary coupling of freenode and wot
kakobrekla: presently there is no workaround
benkay: !up ryepdx
assbot: Voice for ryepdx extended to 30 minutes.
benkay: ;;ident ryepdx
gribble: CAUTION: irc nick differs from otc registered nick. Nick 'ryepdx', with hostmask 'ryepdx!~ryan@c-76-115-78-13.hsd1.or.comcast.net', is identified as user 'rye', with GPG key id 680F5108B06DBB77, key fingerprint C901BFF645AF5CD06F58D724680F5108B06DBB77, and bitcoin address None
kakobrekla: except that you /nick back and forward for the voice operation
benkay: so nick to the wot nick and then nick back to your normal nick?
foobutts: ;;lasers
gribble: ┌━ ┄ ┄ ┄ ┄ ┄ ┄ *pew!* *pew!* *pew!*
thestringpuller: how do you do kitten laters?
thestringpuller: ;;kitten lasers
gribble: Error: "kitten" is not a valid command.
benkay: ryepdx: didja get kakobrekla's instructions?
benkay: nanotube: is there a way to trigger an authentication request from outside irc?
supay: so if i just register on bitcoin-otc with a gpg key, I can continue chatting here?
mike_c: !up supay
assbot: Voicing supay for 30 minutes.
cgcardona_: til the ;;lasers command
supay: thanks mike_c..
cgcardona_: supay: once you register someone will need to rate you. then you can chat here
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03352746 = 0.1006 BTC [-]
supay: oh, damn.
supay: I don't have any btc to trade to get a rating.
kakobrekla: yes cock sucking time.
cgcardona_: lawl
kakobrekla: ops that came out loud
mike_c: not the only (or even the best) way to get rated
supay: lol
cgcardona_: supay: someone will usually rate a new person a 1 just for the purpose of v+ in here
supay: Oh, okay. Thats nice.
cgcardona_: then what you do w/ that ability to chat is up to you. at which point your wot score could plummet if you're a DB
kakobrekla: mostly depends on first n lines you type into this box
supay: cgcardona_: DB?
supay: kakobrekla: i understand..
cgcardona_: supay: http://www.urbandictionary.com/define.php?term=db
kakobrekla: lemme guess, database
mike_c: ;;ud db
gribble: http://www.urbandictionary.com/define.php?term=db | Diarrhea Bubble. There are 5 different classes of pure, 100% Db's. CLASS ONE- The regular Diarrhea Bubble that someone gets occasionally by eating ...
ozbot: Urban Dictionary: db
bounce: mssql? mysql? db2?
cgcardona_: ya know. If you abuse your v+ people will rate you -. That kinda thing.
cgcardona_: that's wot the wots all about
cgcardona_: at least partly wot it's about.
cgcardona_: bounce: mongoDB obviouslyt
supay: lol
cgcardona_: *obviously
asciilifeform: supay: i've never traded btc and people did rate me on some occasions.
bounce: nosql == nodb
asciilifeform: supay: do something useful for somebody.
supay: thats nice..
supay: yeah, okay.
cgcardona_: ;;gettrust supay
gribble: WARNING: Currently not authenticated. Trust relationship from user cgcardona_ to user supay: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=cgcardona_&dest=supay | WoT data: http://b-otc.com/vrd?nick=supay | Rated since: never
benkay: (DoucheBag for those not embedded in the prison)
fluffypony: bounce: you know Coinbase uses mongodb, right?
cgcardona_: gives you confidence doesn't it
fluffypony: so much
nanotube: benkay: nope, irc only.
fluffypony: eventual consistency is great
cgcardona_: acid huh?
fluffypony: in their case eventual = within two weeks
fluffypony: they should get together with BFL
kakobrekla: hi nanotube
nanotube: benkay: also, i see you're talking about irc nick and wot username differences - shouldn't be an issue, the output of 'ident' command includes wot username... so you have both pieces of info.
nanotube: hi kakobrekla :)
assbot: [MPEX] [S.MPOE] 2901 @ 0.0009712 = 2.8175 BTC [+]
kakobrekla: yes that is not the issue
cgcardona_: ;;ticker
gribble: Bitstamp BTCUSD ticker | Best bid: 458.34, Best ask: 459.34, Bid-ask spread: 1.00000, Last trade: 458.34, 24 hour volume: 10658.50942672, 24 hour low: 444.79, 24 hour high: 465.88, 24 hour vwap: 456.952838177
kakobrekla: the issue is that private !up would need to take in an argument.
kakobrekla: that would make the design of the whole thing less nice.
nanotube: kakobrekla: why? the private !up knows what nick it is coming from. should then just ask gribble 'ident <source nick>'
ozbot: SanDisk Announces 4TB SSDs, 8TB & 16TB SSDs to Follow
kakobrekla: hmm i think i had a good reason regarding that lemme think
asciilifeform: fluffypony: how many write cycles -per cell- now? 10?
nanotube: kakobrekla: then look at gettrust for the wot username...
asciilifeform: (the denser ssd gets, the more flimsy the actual storage cells are made)
asciilifeform: this fact is papered over by 'write-leveling'
kakobrekla: yes it would require 2 separate commands like you said
kakobrekla: then it could work.
kakobrekla: (on the assbot side)
fluffypony: asciilifeform: afaik the nand flash in those drives is ~3k writes per cell
cgcardona_: fluffypony: wow 16 TB.
cgcardona_: crazy
kakobrekla: but is it really a thing worth fixing ?
asciilifeform: 3k! pitiful
fluffypony: oh I got it wrong
fluffypony: eMLC NAND is 30k, not 3k
fluffypony: my bad
fluffypony: cMLD is only 5k, but I can live with that
rithm: isn't this sunlot dude coingenuity's old partner
nanotube: kakobrekla: bonus: do one command. gettrust [ident nick]
rithm: irc nick shaded
ozbot: OpenBSD 5.5 Released - Slashdot
rithm: <nanotube> kakobrekla: why? the private !up knows what nick it is coming from. should then just ask gribble 'ident <source nick>'
rithm: ^ i have a feeling i wouldn't have to change nicks then
rithm: to voice myself
kakobrekla: too bad feelings dont write code
rithm: yukyukyuk
kakobrekla: nanotube hm yes that neat trick might do it, ill try it
rithm hands kakobrekla a cookie anyways
ozbot: Van Rompuy: If The Public Doesn't Want EU Expansion, 'We Do It Anyway'
kakobrekla hides cookie from mp
bounce: how'd that work for mr [\\\]?
fluffypony: chocolate chip cookie?
assbot: [MPEX] [S.MPOE] 4750 @ 0.00097119 = 4.6132 BTC [-]
assbot: [MPEX] [FN] [F.MPIF] 5000 @ 0.00021725 = 1.0863 BTC [+]
jurov: you know how they do it? they repeat a referendum until they get Yes
bounce: everybody knows by now, but the europhile eurocrats don't care; the people, even the national governments, can no longer stop it
fluffypony: bilateral gynandromorph (half male, half female) butterfly - http://i.imgur.com/TJAO9gJ.jpg
BigBitz: fluffypony !
BigBitz: Y U SO NASTY?
ozbot: [HAVELOCK] (Seedcoin SF2) Global Coin FX - UK HQ Virtual Currency Exchange
fluffypony: that wasn't nasty
ozbot: TunnelBear
assbot: [HAVELOCK] [RENT] 143 @ 0.0058 = 0.8294 BTC [+]
assbot: [MPEX] [S.MPOE] 11850 @ 0.00097138 = 11.5109 BTC [+] {2}
dub: someone beat firefox with all kinds of ugly
fluffypony: dub: is that a statement or a request?
thestringpuller: i miss you dub
thestringpuller: where have you been?
thestringpuller: listening to the wub wub huh dub dub?
dub: indochina
dub: i been that nigger in a rice bowl waiting to pop a cap
BigBitz: Hmm.
rithm would see a nigger in a rice bowl for sure
csshih: o.o
jurov: >.>
assbot: [MPEX] [S.MPOE] 6750 @ 0.00096888 = 6.5399 BTC [-] {2}
fluffypony: csshih:)
fluffypony: my favourite lumen junkie
ozbot: The NBA Wanted To Kick Donald Sterling Out Of The League In 1982
csshih: is this the new cool kid hangout
BingoBoingo: of course
fluffypony: csshih: you know it
fluffypony: wherever assbot exists is, by definition, cool
kakobreklaa: benkay fixed
kakobreklaa: and whoever else was complaining
foobutts: sweet
benkay: ryepdx: you can now !up yourself
benkay: thanks kakobrekla!
benkay: hue hue hue was v. tempted to thank mp instead
asciilifeform: www.tunnelbear.com << typical honeypot. usg has a sense of humour (bears; honey)
BingoBoingo: I like that the honeypot is covered in Web 2.0MG hipster BBQ sauce
asciilifeform: one is almost tempted to write a generator for these promos
asciilifeform: complete with wsj, yahoo, macworld turds
BingoBoingo: Maybe use Russian Winnie the Pooh
asciilifeform: a la the faux cs conference paper gen
BingoBoingo: Would be an interesting thing to have out there.
asciilifeform: i always thought disney's looked... jaundiced.
BingoBoingo: Yeah, probably got hepatitis from shooting up with Rabbit
asciilifeform: betcha the nsa funding flag for tunnelbear is 'TUNNELRAT'
asciilifeform: (bonus for vietnam reference)
BingoBoingo: Or TUNNELSPIDER for the Saddam reference
ozbot: Drunk NYPD Officer Allegedly Shot a Stranger 6 Times
Anduck: !up supay
assbot: Voicing supay for 30 minutes.
supay: Could someone give me a +1 rep so I could chat here?
supay: oh
Anduck: supay: now u can talk for a while
supay: amazing timing
assbot: AMAZING COMPANY!
supay: I'm authed i guess..
supay: I'm asking for rating on bitcoin-otc
supay: so that I can continue talking here and learn a thing or two :)
BingoBoingo: supay: What do you do?
supay: Im a student.
asciilifeform: student of what?
supay: Computer Science
BingoBoingo: !up TurboS_911
assbot: Voicing TurboS_911 for 30 minutes.
BingoBoingo: !up Checkup
assbot: Voicing Checkup for 30 minutes.
bounce: computer science no science
BingoBoingo: thestringpuller: I'll start thinking about games
jurov: supay can you do some programming?
supay: jurov: Yes I can.
jurov: what kind?
kakobrekla: <h2>YES</h2>
bounce: dat programming
supay: lol
supay: Java mainly.
ozbot: Nevada Ranch Militias Turn Against Each Other Over Drone-Attack Theory
supay: But I am very familiar with C and C++.
bounce: just random ratings don't convey +v in here, by the by
supay: they dont?
BingoBoingo: supay: They need to some from the right people
supay: oic
supay: BingoBoingo: will you give me a +1?
BingoBoingo: supay: Not atm. If you do something that impresses people and provides benefit I might, of course other people might as well.
jurov: i can give some +1 for 5BTC or considerable coinbr volume >:D
BingoBoingo: supay: If you hang around idea for things that can be done appear quite frequently
supay: jurov: I'll give you 1doge. Interested?
bounce: how does "the price is right" work anyway?
supay: BingoBoingo: I get it. Good deal.
jurov: i don't even have a doggone wallet
supay: I do hope however that someone voices me every half-hour till I get some rating.
jurov: just a repellant stick on the laptop
supay: jurov: dogevault.com
benkay: ;;rate supay 1 ffs
gribble: Rating entry successful. Your rating of 1 for user supay has been recorded.
kakobrekla: yet jurov doge sticker on his lappy is 3 times the size of bitcoin sticker
jurov: and do you have something important to say?
bounce: pushover
supay: gee thanks benkay!
benkay: don't waste it.
kakobrekla: yes repellent, you said that.
kakobrekla: but does it work? imo it would attract newbs.
supay: benkay: no sir, I shall not!
jurov: i'll teach them the error of their ways
kakobrekla: big tasks you took upon yourself
supay: jurov: I wonder why you were asking me if I could code?
moiety: benkay you softy ;P
kakobrekla: he is, isnt he.
benkay: and now the channel is cleared of "plz someone +1 me!"
jurov: supay just checking, maybe you're usable :)
benkay: ;;gettrust assbot navhul-lacsup
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user navhul-lacsup: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=navhul-lacsup | WoT data: http://b-otc.com/vrd?nick=navhul-lacsup | Rated since: never
benkay: !up navhul-lacsup
assbot: Voicing navhul-lacsup for 30 minutes.
benkay: h'lo, sub.
bounce: now everybody goes "pwease mistah benkay sir, can I haz ratings too?"
jurov: supay but since you did not mention some own pet projects, i abandoned that inquiry
supay: jurov: cool. do you code as well?
jurov: afaik yes
supay: jurov: pet projects?
supay: bounce: lol
bounce: robot chickens
supay: love them
jurov: when i was student, i maintained ziproxy.sourceforge.net
bounce likes it better when police aren't armed. apropos earlier paste.
jurov: i got some ridiculously positive responses for such lame http proxy server
supay: ah
supay: jurov: interesting project :)
bounce: little things please little minds
assbot: [HAVELOCK] [CFIG] 2 @ 0.07999 = 0.16 BTC [+] {2}
bounce: what was that cartoon again? "make stuff work" on a unix and you're incomprehensible, thus ignored. make stuff work on windows and you're a god to be worshipped.
supay: lol
supay: shouldn't it be the other way around?
supay: I find unix more friendly than windows
fluffypony: I hate windows, but honestly unix is a piece of shit from a usability perspective
fluffypony: so few cli tools conform to norms, because why bother when you can just do it your way
supay: fluffypony: it wasn't really created for gui-addicts..
fluffypony: supay: I think you miss my point; I am far from a "gui-addict"
supay: oh, okay.
supay: It is difficult to use, most will agree with you on that.
jurov: prolly supay is still young and eager to scour manpages for some simple function
supay: nah, I just use google
benkay: why read man pages when you can just curl2sudo some ruby brogrammer's work?
supay: lol :)
fluffypony: supay
ozbot: xkcd: tar
fluffypony: after nearly 20 years of tar I still forget how to use it all the time
fluffypony: and I'm not talking about -cjvf and -xvf
supay: LMFAO
supay: so true
mircea_popescu: <kakobrekla> hmm i think i had a good reason regarding that lemme think << pwned.
bounce: what? tar tvf - is "a" valid tar command
mircea_popescu: <jurov> you know how they do it? they repeat a referendum until they get Yes << and then wonder why bitcoin doesn;t care what they think.
mircea_popescu: <bounce> everybody knows by now, but the europhile eurocrats don't care; the people, even the national governments, can no longer stop it << let's bet.
mircea_popescu: <benkay> hue hue hue was v. tempted to thank mp instead << DDDDOOOO ITTTT
bounce: how'd /you/ go about and "stop it"?
mircea_popescu: !up DoctorBTC
assbot: Voicing DoctorBTC without time-limit.
mircea_popescu: supay just read the logs, same thing.
assbot: [MPEX] [S.MPOE] 15196 @ 0.00097197 = 14.7701 BTC [+] {2}
mircea_popescu: ;;rate supay -1 let's not get carried away
gribble: Rating entry successful. Your rating of -1 for user supay has been recorded.
BigBitz: lol
benkay: that'd be the first counterrating.
benkay: ;;gettrust supay
gribble: Currently authenticated from hostmask supay!~supay@unaffiliated/supay. Trust relationship from user benkay to user supay: Level 1: 1, Level 2: -1 via 1 connections. Graph: http://b-otc.com/stg?source=benkay&dest=supay | WoT data: http://b-otc.com/vrd?nick=supay | Rated since: Thu May 1 18:06:55 2014
benkay: ;;gettrust assbot supay
gribble: Currently authenticated from hostmask supay!~supay@unaffiliated/supay. Trust relationship from user assbot to user supay: Level 1: 0, Level 2: 0 via 2 connections. Graph: http://b-otc.com/stg?source=assbot&dest=supay | WoT data: http://b-otc.com/vrd?nick=supay | Rated since: Thu May 1 18:06:55 2014
mircea_popescu: we get to test it at least.
benkay: hey supay, !up yourself on pm with assbot
pankkake: I think I remember ziproxy
benkay: all appears in order.
benkay: this asseteer in-production testing session is complete and.
benkay: ;;unrate supay
gribble: Successfully removed your rating for supay.
mircea_popescu: ;;unrate supay
gribble: Successfully removed your rating for supay.
benkay: !up supay
assbot: Voicing supay for 30 minutes.
benkay: many thanks to our hapless subject
supay: that was rude
benkay: you clearly don't understand the local manners.
supay: lol
assbot: [MPEX] [S.MPOE] 16900 @ 0.00096624 = 16.3295 BTC [-] {2}
kakobrekla: mircea_popescu no no the reason is good.
benkay: eveternoon, moiety
fluffypony: and noa
fluffypony: I sleep.
mircea_popescu: !up tradingloser
assbot: Voicing tradingloser for 30 minutes.
tradingloser: tesitng one 2 three
tradingloser: biuxww'
benkay: loud n clear
tradingloser: anyone losing money on cryptostock and havelock. it's killing me
ozbot: Has the whale exploded yet? - Untitled
mircea_popescu: tradingloser you gotta read the logs.
fluffypony: tradingloser: I don't use either
mike_c: tradingloser: if it makes you feel better, everyone who trades on those exchanges loses money.
mircea_popescu just checked stats, was blown away by last...4 days user count being ~above month avg~
tradingloser: okay.. so i guess im in a double whammy.. i suck at trading + on a site where people always lose money..
moiety: hey benkay, sorry laptop freaked out on me, how are you?
mircea_popescu: tradingloser they're called play exchanges for a reason.
tradingloser: yeah. im jsut here for trying to get some sympathy.
tradingloser: you're right though.
BingoBoingo: supay: You know what pretty much everyone here wants?
fluffypony: tradingloser: I love you
fluffypony: ^^sympathy
supay: BingoBoingo: what?
tradingloser: that's the most love I gotten since high school.
csshih: =]
fluffypony: ok seriously going to bed now, k thx bye
ozbot: » Reporter is caught writing ‘blah blah blah blah’ in notebook while Senate candidate rambles
csshih: nite
mircea_popescu: check out the schoolchildren
tradingloser: buy pony
moiety: love == sympathy nao?
tradingloser: moiety, im no lawyer so I guess so.
BingoBoingo: supay: Well, more implementations of the Bitcoin protocol would be nice. Clean minimalist full node implementations like Conformal did with btcd.
supay: BingoBoingo: I see.. interesting.
benkay: moiety: hacking on the porch with the boys
benkay: it's a glorious day
benkay: we set a pile of paper on fire earlier
BingoBoingo: supay: C, LISP, Python.... Language doesn't much matter beyond the thing being suprememly readable and not garbage like bitcoind.
supay: with a lit match or a magnifying glass benkay ?
supay: BingoBoingo: Okay..
tradingloser: Well hoping for a new start. I took what looks like the remains of neobee and cryptoshitstocks over to bitcoinbourse. hoping for the best.
jurov gaps
jurov: asps
jurov: gasps
moiety: benkay: did that paper deserve to die?
benkay: hey guys
benkay: compounding
benkay: but in the wrong direction, tradingloser
benkay: moiety: who knows. just got a shredder, shredded a pile, torched it.
ozbot: BitcoinBeware - serialized delusions
BingoBoingo: supay: If you don't want to wait for other ideas, looking at this thing could be instructive.
supay: BingoBoingo: I agree. Thanks, am looking into it atm.
moiety: benkay: sounds way better than my day
benkay: moiety: which was?
BingoBoingo: supay: Just prolly avoid doing the thing in C++, PHP, or Java if you do try it.
tradingloser: oh geez..
moiety: benkay: just don't feel like a got anything done today and i hate days like that
supay: Yes of course.. Python should be a better..
moiety: i*
mircea_popescu: <tradingloser> Well hoping for a new start. I took what looks like the remains of neobee and cryptoshitstocks over to bitcoinbourse. hoping for the best. <<< ahahah
mircea_popescu: truely infinite hitpoints
BingoBoingo: supay: I know you mentioned Java is the main thing you've worked with. What other languages have you played with?
tradingloser: hopefully the multisig co and casino stock treats me bettter.
supay: BingoBoingo: I have maximum experience with Java. But my C and Python are pretty good too. Apart from that, I used to develop web apps. I'm great at the LAMP framework.
kakobrekla: tradingloser you should be thinking about breaking the cycle of bad decisions
bounce: how's your relational algebra?
BingoBoingo: supay: What kinds of things have you programmed in the past?
benkay: <supay> ... the LAMP framework. << o.O
supay: Desktop applications, mobile applications, websites. I have also done some penetration testing.
tradingloser: kakobrekla.. thats is the worst skill I have.
benkay: tradingloser: why aren't you happy to hold your coins yet?
kakobrekla: tradingloser stop then
tradingloser: greed + pissed off at neobeefuckheads..
tradingloser: yeah..
BingoBoingo: tradingloser: Have you considered if you can't just hold coins, betting them at BitBet?
kakobrekla: put your coins in cold storage and lurk here for half a year
kakobrekla: things will look better afterwards.
tradingloser: Honestly, I lost like 88% so I just put it in some escrow verification company that just earns revenue ripping people
pankkake: if anyone still cares: neobeeQ delisting the 5th
assbot: [HAVELOCK] [CFIG] 4 @ 0.0739125 = 0.2957 BTC [-] {3}
mircea_popescu: did the neobeeQ compliance officer ask for it ?
BingoBoingo: If you lose 88% at anything... How do you continue trying the same approaches that lost you the 88% without at least stopping to take a break?
pankkake: lel. havelock says they have no response whatsoever so that's the reason
assbot: [HAVELOCK] [CFIG] 2 @ 0.07060001 = 0.1412 BTC [-]
assbot: [HAVELOCK] [B.SELL] 8 @ 0.03379403 = 0.2704 BTC [+]
mircea_popescu: so allegedly an alleged "compliance officer" that doesn't exist made a request (that doesn't exist) to suspend the trading of a supposed company with real assets that don't exist
mircea_popescu: and the exchange with the panama registration that doesn't exist complied
tradingloser: because i did that boring warren buffet thing where you know consistent revenue will come and you buy and hold for a long time. hopefully, multisignature is the future.
mircea_popescu: then re-opened trading, arbitrarily, on a new symbol, with new authority
BingoBoingo: tradingloser: That isn't the Buffet thing at all.
mircea_popescu: adn now are delisting the new symbol because... the inexistent officers of the inexistent company... failed to protest ?
mircea_popescu: did i get the story right here ?
mircea_popescu: ok this dude is too fucktarded
mircea_popescu: !down tradingloser
BingoBoingo: mircea_popescu: Seems right
pankkake: I'm afraid so, I forgot about the first suspension
mircea_popescu: i just had to pour myself a triple drink because well... my brain knotted.
benkay: wat indeed
mircea_popescu: "After the events of the last couple of days, we are very disappointed. The kickstarter Montrex project was to help build the Montrex brand. Ultimately, backers destroyed the brand and the reputation of the brand and its team."
mircea_popescu: dat team.
mircea_popescu: team gumpy. "we are not fly by night. no. no. no we're not. no. yes we are."
mircea_popescu: "Because of the damage incurred... Because of the fact that we are being called thieves and con-artists and frauds without having done anything wrong"
mircea_popescu: i love punkman links.
atcbot: 22k@223 8k@223 0k@220 | 2k@170 10k@155 53k@152
bounce: wtf was up with the montrex drama? get your kickstarter 8x oversubscribed and sue the backers? what?
mircea_popescu: bounce you don't understand. DEFAMATION.
bounce: no, no I don't understand. but I don't think I want to understand either. esp. since I'm all out of drink.
mircea_popescu: the famous derpfamation
BingoBoingo: !up supay
assbot: Voicing supay for 30 minutes.
kakobrekla: he can up himself ya know
punkman: "We are sorry for those who have been damaged by this project, but you individually have definitely been damaged far less than we have been damaged. " < did btctalk come up with this yet?
supay: thank you BingoBoingo..
supay: kakobrekla: no i cant.
bounce: ;;gettrust assbot supay
gribble: Currently authenticated from hostmask supay!~supay@unaffiliated/supay. Trust relationship from user assbot to user supay: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=supay | WoT data: http://b-otc.com/vrd?nick=supay | Rated since: never
kakobrekla: hm benkay unrated him?
supay: e tok bak iz ratingz =(
bounce: supay: you gotten around to mastering relational algebra, seeing how you claim "lamp stack" familiarity?
assbot: [MPEX] [S.MPOE] 10200 @ 0.00096567 = 9.8498 BTC [-]
supay: bounce: I am familiar with relational algebra yes, because I am in the sophomore year at my university and am studying RDBMS.
bounce: that's not a given, but good to know. which university?
supay: Manipal University.
mircea_popescu: punkman nop
mircea_popescu: "Manipal University is a name to reckon with not just in India, but the world over. "
BingoBoingo: supay: are you familiar with OpenBSD?
bounce: because ``Manipal, today, is a knowledge powerhouse and a brand name in higher education.''
bounce: just so you know. don't forget to reckon with manipal.
supay: BingoBoingo: Not very much tbh. I usually work on Debian, Ubuntu and Arch.
supay: bounce: what do you mean?
mircea_popescu: why so belicose lol
jurov: supay if you "work" then you have something to show, no?
BingoBoingo: supay: If you wrote a guide to building Bitcoind 0.7 with the modifications to work on the right blockchain, on OpenBSD 5.5 I'd give you a plus one.
supay: wouldnt that be too much work BingoBoingo? :O
supay: jurov: you mean to ask me for samples of my work?
bounce: "truly unique" mass-produced thingies. marketeering at work.
BingoBoingo: supay: It's just building something that already exists. Less work than reimplementing the protocol.
supay: ah
supay: let me google that.
punkman: mircea_popescu: don't see anything there
bounce: clearly, you aren't a backer.
jurov: supay, such as, github stuff?
BingoBoingo: supay: Write a nice guide shoot it to me. I'll give you 0.01 BTC and a 1 rating on the WoT.
supay: supay: nope.
supay: BingoBoingo: sure! I'll give it a shot! :)
mircea_popescu: it's like... secret updates ?
mircea_popescu: wtf bs is that.
BingoBoingo: supay: If the like the guide I post it to my blog crediting you as the author and link to your WoT profile.
supay: That would be really nice.
supay: I'll get started right away.
ozbot: Montrex Watch Project - A Truly Unique Timepiece ( watches ) by Montrex Watches » re-branding updat
mircea_popescu: and one year later...
mircea_popescu: rebranding the successful brand that was utterly destroyed and etc.
BingoBoingo: supay: With OpenBSD remember to read the documentation before you install it. Also remember I want bitcoind 0.7, not the newer bullshit.
punkman: "This is the kind of stuff with which I have to deal due to the cyberbullying attacks on me.  The girl, Allison, who was supposed to start working here, today, was a no-call, no-show. "
mircea_popescu: usagi bit her.
supay: BingoBoingo: yeah, got it! :)
BingoBoingo: Been a while since the Usagi name was invoked here.
ozbot: Montrex Watch Project - A Truly Unique Timepiece ( watches ) by Montrex Watches » No new assistant.
BingoBoingo: supay: Good deal.
supay: BingoBoingo: yes, and thanks! :)
mircea_popescu: punkman basically, this is the bitcoin mining "projects" 100%
bounce: did they deliver anything in the meantime?
mircea_popescu: like you know, bfl.
bounce: other than more drama
mircea_popescu: Luke-Jr got a watch.
BingoBoingo: Did he SSH into the watch?
mircea_popescu: anyway, im making a post out of this.
punkman: "But this time their cyberbullying campaign may have been a blessing in disguise. "
punkman: seems undecided
bounce: "never been arrested [...etc.]" -- so far gotten away with teh scammin, eh
ozbot: Iron law of oligarchy - Wikipedia, the free encyclopedia
ozbot: Why Rich Lacrosse Parents Are Making Their Kids Repeat A Grade
bitcoinpete: BingoBoingo: competitive game
BingoBoingo: bitcoinpete: More parents Derping their kids to incompetence.
bitcoinpete: BingoBoingo: their wealth hath made them weak
bitcoinpete: back to the polls cuz gotta have 52 votes lol
bitcoinpete: bobby lee and some dude named brock pierce at the top of "round 1"
bitcoinpete: industry seat...
BingoBoingo: bitcoinpete: Of course it has, but I'm not sure calling it wealth is the right thing.
bounce: two industry seats. needs moar "none of the above"
assbot: [HAVELOCK] [B.MINE] 9 @ 0.0313999 = 0.2826 BTC [+]
bitcoinpete: so brock pierce was in mighty ducks
bitcoinpete: and now runs angellist
bitcoinpete: is a "20x entrepreneur" lol
cazalla: don't forget IGE
bounce: in a way it's quite amazing people bet so heavily on "athletic scholarships"
assbot: AMAZING COMPANY!
bitcoinpete: cazalla: ige means something different to someone who took immunology...
BingoBoingo: I prefer TNF-A
bitcoinpete: bounce: spend hundreds of thousands for… a half that back. like a forum investment
bitcoinpete: BingoBoingo: can't go wrong there
bounce: maybe it has something to do with the well-known excreable state of middle management
BingoBoingo: bounce: It really is. Then again there is a huge difference between a poor kid from East St Louis pinning their hopes to an athletic scholarship and rich parents from DC doing the same.
ozbot: Bank of Canada not worried Bitcoin will replace cash - National | Globalnews.ca
bounce saw mention of a study or other that relatively way too many rich kids got scholarships. well, they can pay for the consultancies that know how to get 'em, can't they?
bounce: such system
mircea_popescu: ;;google always suspected were scams
gribble: MPOE-PR's list of things you always suspected were scams but never ...: <https://bitcointalk.org/index.php?topic=140484.0>; Ten Things To Do When You Suspect Fraud at Your ... - Clark Nuber: <https://www.clarknuber.com/news/ResLib/10%20things%20to%20do_fraud%20article.pdf>; How to Know You Are Being Scammed in a Relationship: 7 Steps: <http://www.wikihow.com/Know-You-Are-Being- (1 more message)
mircea_popescu: dude. srsly ?!
assbot: [HAVELOCK] [B.MINE] 11 @ 0.03139991 = 0.3454 BTC [+] {2}
bitcoinpete: mircea_popescu: wired has been under embargo since bitgo: http://bitcoinpete.com/2014/04/09/bitgo-multisig-a-stranger-his-friend-and-you/
mircea_popescu: i guess im slow.
bitcoinpete: only by 3 weeks :P
bounce: so that's 2-of-3 and they have one, and you have two? or what?
bounce: it's still browser-based, so it has all the problems mega has.
assbot: [HAVELOCK] [NEOBEEQ] 12000 @ 0.00002002 = 0.2402 BTC [-] {2}
bitcoinpete: bounce: at best it's browser-based. at worst, as kanzure mentioned in the comments, they're full of shit
assbot: [HAVELOCK] [PETA] 5 @ 0.07 = 0.35 BTC [-]
bounce: assuming they're not, for the sake of argument, it's maybe not a bad design decision to have "the user" store something useless on its own, but useful in combination with the website OR in combination with the backup key the user stuck in his safe deposit box
ozbot: BTC Elevator (BTCElevator) on Twitter
kakobrekla: lol i didnt know we had btc elevator
bounce: as in, safer than a straight-up webwallet and more convenient than cold storage. as we've seen, there's a market for convenience, any convenience at all
bitcoinpete: bounce: but that's the exact same as a normal back-up with bc/info or a desktop client
bitcoinpete: bounce: there was a market for gox and bfl
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.06474168 = 0.3237 BTC [-]
bounce: sure. so if you produce a marginally safer thing and manage to have the crowd flock there you've improved overal security, however marginally
kakobrekla: unfortunately the thing is not too funny.
bounce: and, hm, assuming the in-browser problems are manageable you get a more convenient thingy than either a webwallet or a desktop client; can keep the user-hot key in, say, a webmail account somewhere without exposing yourself through the webmail account directly (unless the password is also in there)
bitcoinpete: bounce: creating a big phat target
bounce: not that much with only one part of a multisig. you'd have to go spear-phishing afterwards.
bounce: might as well mount a wallet.dat grabbing attack right away with some malvertising-planted rootkittery
bounce: OTOH their continued allusions to their own greatness do start to grate quickly.
bitcoinpete: bounce: lol you make a good point even if they're lame
bounce: *shrug* it doesn't really do to bash'em on things they didn't actually do wrong.
bounce: I don't particularly like the model, but if above assumptions hold it's not acutally an outright bad idea.
bounce: that's a big if, though.
bounce: s/acut/actu/
bitcoinpete: it might end up being another cointerra/neobee told-ya-so, might not
bounce: there's always somebody going to be right with the told-ya-so.
bitcoinpete: well i'll let someone else be their guinea pig ;)
bounce: bound to be plenty volunteers
bitcoinpete: no doubt
assbot: [HAVELOCK] [AM1] 2 @ 0.48000005 = 0.96 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 19 @ 0.072 = 1.368 BTC [+]
ozbot: Fla. jail explosion kills 2, injures 184
bitcoinpete: rainsplosion
bounce: any reason why?
bitcoinpete: too much rain --> magic --> natural gas leak --> kaboom!
BingoBoingo: Flooding can extinguish pilot lights, gas builds up, prisoner lights a cigarette... Boom
assbot: [MPEX] [S.MPOE] 22661 @ 0.00097248 = 22.0374 BTC [+] {2}
mircea_popescu: bounce are you sure that there "being a market" is a valid approach ?
mircea_popescu: there's a market for injecting raw industrial silicon in women's buttocks.
ozbot: Florida woman posing as butt-enhancing doctor arrested for lethal injections
assbot: [HAVELOCK] [SF1] 150 @ 0.00086011 = 0.129 BTC [-]
bounce: there's people that, er, do the same thing with cement?
bounce: anyway, I wasn't commenting on validity really
mircea_popescu: <bounce> I don't particularly like the model, but if above assumptions hold it's not acutally an outright bad idea. << what's that then ?
bounce: add earlier context that "the masses" happily take any stupid stuff when offered so even a marginally better idea improves the overall situation (if only marginally)
bounce: or, in other words, their idea isn't high explosive in and of itself -- which is what bitcoinpete was contending
mircea_popescu: kinda the point i
mircea_popescu: m disputing
kakobrekla: > you [ognasty] are one of the most trusted people in the entire crypto community
mircea_popescu: and only because i was just writing on this, and my conclusion was "burn it with fire"
ozbot: Idiocy without borders / Idiots sans frontieres pe Trilema - Un blog de Mircea Popescu.
bitcoinpete: mircea_popescu: just reading that as a matter of fact. irlloled several times in this bar
assbot: [HAVELOCK] [AM1] 1 @ 0.48 BTC [-]
mircea_popescu: kakobrekla the dude that kept coming to derp in here ?
mircea_popescu: ;;gettrust ognasty
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user ognasty: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=ognasty | WoT data: http://b-otc.com/vrd?nick=ognasty | Rated since: Sat Sep 1 22:15:19 2012
mircea_popescu: well... he does have a 1...
mircea_popescu: "Played monopoly, paid his buy-in". if there was a more marginal marginal ever...
kakobrekla: anyway, if some blogger feels like dissecting this, its good material.
mircea_popescu: bitcoinpete the wench brings the drinks, i bring the lolz, is it ? :D
bounce: what's that to do with the multisig wallet thingy bitcoinpete posted a blog about?
assbot: [MPEX] [S.MPOE] 3200 @ 0.00097288 = 3.1132 BTC [+]
mircea_popescu: well no, i selected the "what to do about idiots". you seemed to say that well... empowering their idiocy through catering to their whims is a net positive.
mircea_popescu: i disagree. i'd rather see them hurt than served.
bounce: oh no, I was on about the multisig idea underpinning a webwallet thingy
mircea_popescu: well yes
bitcoinpete: mircea_popescu: what more could i ask for? this bc merlot ain't half bad either
mircea_popescu: " as we've seen, there's a market for convenience, any convenience at all" << that part.
mircea_popescu: “Experts say people resort to illegal ‘pumping parties,’ where customers outside a hospital or clinical setting are injected with anything from Botox to industrial-grade silicone, out of convenience or because they lack insurance or access to health care and legitimate plastic surgery.”
mircea_popescu: i tell you, it's connected!
dub: aint no party like illegal pumpin party
mircea_popescu: all the crazed lezzie bitchz...
bounce: well, with accessable insurance and accessable plastic surgery there'll still be those among the masses doing outright stupid stuff, but at least it'll be medically sound
bounce: my angle was I'd rather have the masses have medically sound care than not, regardless of their stupidity.
mircea_popescu: yeah, but you know... back in 1700 there seems to be a complete dearth of bohemian peasants that sat around injecting silicone in their butts to look more like women.
mircea_popescu: so perhaps the problem is that so many poor idiots are also idle.
mircea_popescu: but why ? cause that's what i'm trying to understand.
bounce: or have disposable income to spend
bitcoinpete: or access to credit
mircea_popescu: i mean this welfare nonsense is a) very recent and b) never seems to have been critically considered.
mircea_popescu: for as long as the british empire endured, the thinking was that the poor have to be kept busy
mircea_popescu: lest they become sinful.
mircea_popescu: this somehow switched, 180. and i can't find when, or why.
bounce: why? why do tribe members in darkest africa /want/ to get mutilated? c'mon, you're the one with the degree in anthropology, wasn't it?
mircea_popescu: well yeah, which is what confounds the example that's prolly very clear cut to you.
mircea_popescu: generally they want to be cut for similar reasons to women wanting to be my slaves, it's an educational experience.
bitcoinpete: it still appears as though the present system exists to keep the poor busy
mircea_popescu: does it ?
bitcoinpete: bread and circuses always
bounce: o_O? inasmuch all of life is educational, if you believe wossname esotherics. I'd rather say it's part of being part of the group. we're social, group-minded animals.
mircea_popescu: bitcoinpete huge diff between busy and entertained tho.
bitcoinpete: hmm busy to buy more entertainment
bounce: busy or entertained, either will do if it keeps'em from mobbing and overthrowing the ruling elite
bitcoinpete: new angle?
mircea_popescu: bounce no no, what i mean is quite this : the trannies in florida get the silicone to look a certain way. the african tribesmen get the cut to be a certain way. there's a meta level of distinction.
bounce: I don't see it?
mircea_popescu: similar to the kid that goes to college to learn vs the kid that goes to college to get the diploma.
bitcoinpete: and it's set up so both achieve the same nothingness 4 years later
mircea_popescu: and busy != entertained, because the later is self-managed, the former is not. imposing upon the poor is the essence of busywork, not just that they're occupied, but that they're occupied with other's orders.
bounce: couch potato is self-managed?
bounce: hyping $stupid_show is in essence giving orders by marketeering
bitcoinpete: the order of a megacorp to buy a new car, new watch, granite countertops leads to busywork downstream
mircea_popescu: that "in essence" doesn't work.
mircea_popescu: it has to be in substance, not "in essence".
mircea_popescu: bitcoinpete this was the theory, cca 1950 to 1980s. it meanwhile failed.
bitcoinpete: it's not clear to me that the essence of consumerism is anything less than substance for most
bitcoinpete: it's a directive
mircea_popescu: the essence/substance distinction is not a matter subjective. what they think and represent has little import.
bounce: well, there's this book by a working-poor-to-riches guy that did it by working really hard and taking every opportunity (like calling the book "how you too can become a millionaire" when he's just explaining what opportunities came his way and how he used them, not really a manual but it's a bestselling title) who also notes it's often the poor that keep themselves and each other poor to, well, fit in with the rest. part of their identity.
bounce: breaking out of that was thus breaking with his prior identity, even his family (didn't help he was queer as a queen, but anyhow) and so on.
bitcoinpete: mircea_popescu i see what you mean. perhaps the welfare deal could've only happened in the new world on the back of a sizeable military victory? never before, never again
bounce: reduced ad absurdum, turn off the telly frees you up to get rich. yet they don't turn off the telly for have to be up to date on the soap/game/whatever for the small talk tomorrow.
mircea_popescu: bitcoinpete it happened before. it's exactly how rome looked, 100 to 500ish ad. legionaires too lazy to wear... the helmet. the cuirass was long before abandoned, and even beforer that the shield.
mircea_popescu: bounce but the problem is the "they" in there. why should they turn off the telly or not turn off the telly ?
mircea_popescu: why are the poor masters of their own life ? what nonsense is this!
bounce: well, are they?
mircea_popescu: substantially, yes. essentially, no.
mircea_popescu: this disconnect is imo pernicious.
mircea_popescu: substantially, it's pernicious to the poor. and this is obvious.
mircea_popescu: but essentially... it is pernicious to everyone. and this has so far gone un noticed.
bounce: what, you're arguing against rule by the not-poor?
mircea_popescu: i;m arguing against trying to implement attempts at eating-and-keeping cake.
bounce: uhm. connect that one for me?
mircea_popescu: ok, let me work the latin military example, i think it's the best way in.
bitcoinpete: mircea_popescu: ok so everything is pernicious against the poor, the current system just makes is shitty for everyone else and the planet too, because poor think they can do shit
mircea_popescu: cca 300 bc, the roman military consisted of citizens. they went on campaign as the field work was done, raped and pillaged, then lay down their arms and did the fields.
mircea_popescu: you know the story of cincinnatus btw ?
bounce: read the wikipedia page intro. got given a job to do, gave back the authority that came with it once job done.
mircea_popescu: meh. read some classical source sometime, well worth the effort. anyway.
mircea_popescu: those arms consisted of about 70 lbs worth of crap.
mircea_popescu: which they carried, on foot, for about 30 miles a day, for weeks on end.
mircea_popescu: and each night, they dug out a castrum
mircea_popescu: this was military life, at the time, and them folks were... pretty healthy.
mircea_popescu: now, you know caesar was beloved by the troops ?
bounce: by virtue of people not up to the task getting weeded out right quick
mircea_popescu: you essentially couldsn't get married if you didn't do well i nthe military, so italso self-selected.
bounce: plenty fighting, plenty loot. that sort of go-getter tends to be popular with the troops.
mircea_popescu: not at all.
mircea_popescu: he was popular with the troops because he carried his fucking gear.
mircea_popescu: that was all.
bounce: heh. ok.
mircea_popescu: see ? but the greatest general the romans ever had, arguably, was loved for this very important fucking point, to the soldiers of the time :
mircea_popescu: that he was, himself, a soldier.
bounce: though he apparently also had quite a bit of tent with tiles(!) for flooring with him on campaign, but anyway
mircea_popescu: now, fast forward to caracalla. one of the least bearable emperors in history.
mircea_popescu: by now, the soldiers are sort-of carrying 30ish lbs of crap, and it's more like "you gotta be a suycker to carry all that".
mircea_popescu: what does this do to the general of the time ?
mircea_popescu: because you see... suppose someone inssited they do everything old style.
mircea_popescu: would he likely be loved ? or on the contrary, despised as a total fucking moron of aggregated pointless idiocy ?
bounce: hard to tell. would depend a lot on how it's sold to the troops. I'll grant doing it without selling won't buy you anything except perhaps the troops' stuff to carry too.
mircea_popescu: suppose i walk into a 3rd year computer science class at mit, and proceed to make the kids do one arithmetic problem, and then once they fuck it up make them do one hundred, by hand,
mircea_popescu: and get out the cane and start caning them liberally per mistake.
mircea_popescu: this isn't teaching, right ? it's child abuse.
assbot: [MPEX] [S.MPOE] 24500 @ 0.0009738 = 23.8581 BTC [+] {3}
mircea_popescu: so there we have it : the cleaving between substance and essence makes it impossible for people to live,
bounce: guys at MIT probably wouldn't make that many misteaks. they have a bit of an ethos of being bloody smart and figuring things out.
mircea_popescu: but it also makes it impossible for them to be helped.
mircea_popescu: it;'s not enough they aren';t fucking soldiers anymore. for their sins, they also cant have generals now.
mircea_popescu: bounce re figuring stuff out, the mandatory http://www.youtube.com/watch?v=8ve23i5K334
thestringpuller: mircea_popescu soldiers only follow orders...isn't a requisite for higher learning self thought?
bounce: uhm. I think I see where you're coming from but the essence/substance thing doesn't speak to me. maybe I'm tired.
mircea_popescu: well tomorrow is another day
bounce: have you read heinlein's starship troopers, btw?
decimation: Of course, during republican times, if the army seriously fucked up they would have ... the decimation
mircea_popescu: o hello.
mircea_popescu: that really was very rare, for all its fame.
mircea_popescu: thestringpuller it depends to a huge degree whose orders tho.
mircea_popescu: some guy who simply blindly and slavishly followed da vinci's orders has overall better chances to make his own masterpieces in 30 years than some kid sitting on his ass on reddit all day.
bounce calls for a law to ban reddit, for the arts!
mircea_popescu: if only.
mircea_popescu: but it dun work that way.
mircea_popescu: !up AgentSmurf
assbot: Voicing AgentSmurf for 30 minutes.
bitcoinpete: A state, is called the coldest of all cold monsters. Coldly lieth it also; and this lie creepeth from its mouth: "I, the state, am the people."
bitcoinpete: It is a lie! Creators were they who created peoples, and hung a faith and a love over them: thus they served life.
bitcoinpete: Destroyers, are they who lay snares for many, and call it the state: they hang a sword and a hundred cravings over them.
bitcoinpete: Where there is still a people, there the state is not understood, but hated as the evil eye, and as sin against laws and customs.
bitcoinpete: thus spoke zarathustra
decimation: Well, the point is, maim (or kill one), educate one thousand
BingoBoingo: I kind of actually hope the Sterling dude exercises ownership by abolishing the Clippers.
decimation: I doubt he has the actual power to do s
mircea_popescu: ownership means very little these days in the us.
bitcoinpete: "Many sick people have always been among the poetizers and God-cravers; furiously they hate the lover of knowledge and that youngest among the virtues, which is called "honesty." They always look backward toward dark ages; then, indeed, delusion and faith were another matter: the rage of reason was godlikeness, and doubt was sin." <<mas zara
bounce: quoting scripture?
bitcoinpete: mircea_popescu: sterling's best hope is that the other owners got his back, which , maybe
assbot: [MPEX] [S.MPOE] 15324 @ 0.00097439 = 14.9316 BTC [+]
mircea_popescu: bounce he really likes nietzsche
decimation: no, he's quoting that nutcase Nietzsche
bitcoinpete: bounce: nietzsche. scripture is the logs and the pentuach lol
decimation: The best version of that book is the tone-poem by Richard Strauss
bounce: some scripture, with "lol" for punctuation
bitcoinpete: bounce: if you can't laugh at it, it ain't much good
bounce: what was that bit about laughing tracks again?
bitcoinpete: that's other people laughing, how do they count?
artifexd: ;;last jurov
gribble: (last [--{from,in,on,with,without,regexp} <value>] [--nolimit]) -- Returns the last message matching the given criteria. --from requires a nick from whom the message came; --in requires a channel the message was sent to; --on requires a network the message was sent on; --with requires some string that had to be in the message; --regexp requires a regular expression the message must (1 more message)
bounce: spammy spammy gribble
bounce: time for me to catch some zees though
artifexd: ;;seen jurov
gribble: jurov was last seen in #bitcoin-assets 2 hours, 24 minutes, and 17 seconds ago: <jurov> supay, such as, github stuff?
bitcoinpete: bounce: ciao
mircea_popescu: anyone seen x, y and zee ?
mircea_popescu: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 50.47838131 BTC
assbot: [HAVELOCK] [B.MINE] 10 @ 0.0290001 = 0.29 BTC [-]
assbot: [HAVELOCK] [B.SELL] 9 @ 0.03586108 = 0.3227 BTC [+]
thestringpuller: ;;gettrust deprived
gribble: WARNING: Currently not authenticated. Trust relationship from user thestringpuller to user deprived: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=thestringpuller&dest=deprived | WoT data: http://b-otc.com/vrd?nick=deprived | Rated since: never
thestringpuller: ;;gettrust Deprived
gribble: WARNING: Currently not authenticated. Trust relationship from user thestringpuller to user Deprived: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=thestringpuller&dest=Deprived | WoT data: http://b-otc.com/vrd?nick=Deprived | Rated since: never
thestringpuller: damn was he never in wot?
mircea_popescu: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 163.63493644 BTC
thestringpuller: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 163.63723671 BTC
thestringpuller: <.<;; ;;>.>
mircea_popescu: so there we go. 213.15567101 btc added to f.mpif in exchange for 1mn extra shares, invested 100 into panacea and 113.15567101 into jd.
thestringpuller: damn MPIF is just what we need...
thestringpuller: thanks MP lol
mircea_popescu: this is a little over ideal weight imo, will trim it over time as other venues become able to absorb moar capital
BingoBoingo: It's probably for the best that this extra capital went to the lower risk ventures.
mircea_popescu: hehe we don't even have enough history yet to really evaluate risk
artifexd: Today is not a day to skimp on reading the logs.
artifexd: Maybe read them a few times....
mircea_popescu: the logs have improved!
mike_c: i thought the block of 1mn that sold was you selling your shares in mpif
mike_c: those were new shares?
mike_c: so you hold 1mn and everybody else holds 1mn?
mike_c: and there is another block of 1mn sitting on the order book?
BingoBoingo: mircea_popescu: Well jd and panacea have histories. I'm assuming my pc is high risk until evidence supports otherwise.
mircea_popescu: yes, like 1mn and a little sold, and i have almost 1mn which is sitting in the book
mircea_popescu: BingoBoingo panacea's almost a year old, jd is almost two. these aren't histories, berkshire is like 50 years old.
mike_c: jd isn't even a year old yet :)
BingoBoingo: Fair enough.
BingoBoingo: But yeah, Jd just started last summer.
mircea_popescu: mike_c whoa fuck you'r eright.
mircea_popescu: !jd mpif
assbot: Current MPIF account balance on Just-Dice: 163.64373055 BTC
mike_c: bitcoin time.. it feels like forever.
mircea_popescu: this jd thing is becoming a fun passtime
asciilifeform: montrex watch << mega-lol! thank you mircea_popescu.
asciilifeform: how do you even find these turds.
decimation: asciilifeform: http://www.bulldogtrust.com/index12.htm more ham strange (I enjoyed your diodes) -- "A wrought iron table 60 feet from the antenna will pick up enough energy to make a visible arc to ground"
assbot: [HAVELOCK] [CBTC] 2913 @ 0.0001489 = 0.4337 BTC [+]
assbot: [HAVELOCK] [CBTC] 2302 @ 0.00014912 = 0.3433 BTC [+] {2}
TestingUnoDosTre: I'm very confused to what MPIF actually is. Can someone explain? I have read the mpex page, but it has not enlightened me to what is exactly going on
mike_c: it is a fund. you give money to mpif, it invests it in various bitcoin thingies.
assbot: [MPEX] [S.MPOE] 21000 @ 0.00097356 = 20.4448 BTC [-]
mircea_popescu: TestingUnoDosTre didja read the stuff in the f.mpif category ? like http://trilema.com/2014/the-wunderbar-smpif/ ?
TestingUnoDosTre: mircea_popescu - missed that, thanks
mike_c: 1 ATC block in the last 2.5 hours :(
artifexd: mike_c: That makes this ( http://bitbet.us/bet/812/atc-to-reach-block-50000-on-time/ ) look more interesting
ozbot: Regulating Digital Currencies: Bringing Bitcoin within the Reach of the IMF by Nicholas Plassaras :
mircea_popescu: ;;gettrust Nicholas Plassaras
gribble: WARNING: Currently not authenticated. Trust relationship from user Nicholas to user Plassaras: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=Nicholas&dest=Plassaras | WoT data: http://b-otc.com/vrd?nick=Plassaras | Rated since: never
TestingUnoDosTre: oh my fuck, you're telling me I could have just bet both sides at the beginning and won?
asciilifeform: mircea_popescu: Poor people are an animal species, not as useful as bovines... intimately connected to shit << tricky, this. penniless student, or engineer bled dry by usa housing, or any number of folks, aren't necessarily turdmeisters of the kind painted here
mircea_popescu: asciilifeform very true.
asciilifeform: mircea_popescu: but there's certainly a kind of creature, that usa is famous for, that this piece is inescapably about. and the only common attribute of the group, to the unarmed eye, is 'poor.'
mircea_popescu: of course, a large part of hte problem is that if the derps running around on welfare checks debasing the cultural impoirtance of money,
mircea_popescu: the engineer would NOT think there are more important things in life,
mircea_popescu: and so he would not allow himself to be bleed dry.
mircea_popescu: nor the student, if he had any sense.
asciilifeform: engineer would NOT think there are more important things in life << or, alternatively, stand up and fight to the death for la serenissima.
mircea_popescu: something like that. as they say, a fart stinks up the entire room.
mircea_popescu: the ill effects of moral hazard produced through giving idiots free money are far reaching.
mike_c: artifexd: yeah, i don't know which way that bet is going to go, but it will be a bumpy ride.
asciilifeform: i've some essayturds buried somewhere, on the death of craftsman.
asciilifeform: (and the hegemony of the cruftsman)
asciilifeform: ;;ud cruft
gribble: http://www.urbandictionary.com/define.php?term=cruft | cruft. 1. The dust that gathers underneath a bed, 2. Shoddily constructed or made, 3. Bad code, 4. Accumulated physical or virtual junk. Jim had to spend several ...
ozbot: Urban Dictionary: cruft
asciilifeform: pfff. cruft is the substance inside your keyboard.
assbot: [HAVELOCK] [AM100] 24 @ 0.00444596 = 0.1067 BTC [-]
asciilifeform: or old-style ball bearing mouse.
mircea_popescu: bovine albumin.
mircea_popescu: + celulose detritus
decimation: it seems to me that any core group ("old republicans?") who would stand and fight would easily be crushed by the existing US power holders
asciilifeform fondly remembers measuring little tubes of bovine albumin to mix in cell culture medium.
assbot: [MPEX] [S.MPOE] 10900 @ 0.00097356 = 10.6118 BTC [-]
mircea_popescu: decimation what's your definition of "fight" ?
decimation: well exactly. carry a 30 lb sack and bitch about it
asciilifeform: decimation: there is more than one way to fight
artifexd: "craftsman" That was the motivation behind my choice of nick. To continually remind myself of the meaning behind the word and to aspire to have that word used to describe me.
mircea_popescu: and whence the d ?
artifexd: unix-y d. As in the worker that does its work out of sight. Daemon.
mircea_popescu: haha nice combo.
asciilifeform: other nitpick - welfare cheques give us - plastic forks; vc money pissing bacchanalia gives us plastic programming systems, plastic internet, etc.
mircea_popescu: w/o the welfare cheques, the "vc" bunch would be alone in a room.
asciilifeform: plastic in the sense of a trash bag i once had the misfortune to keep some machines in - that fell into ten thousand pieces
decimation: I was thinking about this the other day. Almost every technology advance has been used in the US to reduce quality and increase prices. Cell phones go from 25 kHz analog channel to 10 kbit/s "channel"
asciilifeform: 'degradable!'
mircea_popescu: nobody'd come to put up the show and shake the bottled fars for them
mircea_popescu: not unless they paid. by the hour.
mircea_popescu: decimation that's a major point of socialism : it uses technology to degrade quality of life
mircea_popescu: (while claiming capitalism is doing this, of course)
decimation: kitchen appliances go from stainless machines that last for decades to cheap plastic shit that rots after a few years
decimation: try buying a decent dishwasher or clothes washer in the us
mircea_popescu: absurdly, this part i like.
assbot: [MPEX] [S.MPOE] 4400 @ 0.00097176 = 4.2757 BTC [-]
mircea_popescu: it matches my lifestyle perfectly, i get to a new place, buy a set of the plastic shits
mircea_popescu: by the time they're falling apart i was just about leaving
asciilifeform: this is sorta how it's done in usa
decimation: yeah the average usian moves every 7 years as i recall
asciilifeform: i spent a good deal of today checking list of things that won't be coming to new flat, and it includes virtually everything
decimation: the problem is that they are running out of places to sprawl and ruin
asciilifeform: aye. semispace garbage collection!
mircea_popescu: i told people of my engineer park yurt design
mircea_popescu: everyone was falling over in cuteness
decimation: I think it would be great. Young engineers would occupy the greybeard's old shacks, and repeat his experiments
mircea_popescu: maybe when you're old and dying you pick a guy to bequeath your yurt line toi
asciilifeform: decimation: for some reason, this reminds me of a tale my consulting partner (physicist, grew up in india, 1970s) told me. students would qualify on instruments that barely worked, but belonged, to, e.g. the great Bose.
decimation: Aram Bose?
mircea_popescu: with the scribblings ?
asciilifeform: they'd be carefully marked with a crib sheet for the 'correct' measurement.
asciilifeform: 'feel honoured to use bose's broken spectroscope' etc
decimation: sounds legit. Why not learn on the very machines of the old master? Better yet, fix it up
asciilifeform: yeah well, in the western world they might fix.
asciilifeform: in the east, fix won't happen, for the lack of a new bose
decimation: there is a new bose, he just doesn't live in the east: http://en.wikipedia.org/wiki/Vanu_Bose
decimation: I'm sure being India there's a caste aspect to it too
decimation: Boston brahmins being replaced with Brahmins
asciilifeform: Aram Bose << nope. the bose of bose-einstein condensate, etc
asciilifeform: Satyendra Nath Bose
decimation: ah okay I'm thinking Bose of the bose speaker empire
decimation: ex-MIT EE
asciilifeform: infamous u.s. huckster, that one
decimation: yes indeed
asciilifeform: emblematic of faux luxury products
asciilifeform: if he didn't exist, 'we'd have to invent him' for the purpose of this line of thought.
decimation: he was a legitimate EE prof at MIT, but apparently found it more profitable to separate idiots from their money
decimation: I was wrong he was Amar, not Aram, my memories betray
TestingUnoDosTre: until Dr. Dre came into the headphone space. Then idiots lost their money twice as fast
mircea_popescu: asciilifeform i bet you that if you asked indian teens today, the millionaire speaker ee guy is more interesting a worship idol than the physicist.
asciilifeform: now, also pertinent, is how this fellow (me partner, not amar) ended up in usa
asciilifeform: booted out through 'affirmative action' style quotas for the bottom castes
asciilifeform: instituted in that period.
decimation: by india or the us?
asciilifeform: they have a sort of scale model of u.s. idiocy going
decimation: india is the future of us democracy
thestringpuller: ^ that is frightening
asciilifeform: decimation is optimist
TestingUnoDosTre: kakobrekla ,some anonymous asshat keeps on posting advertisements for his own difficulty betting site on bitbet http://bitbet.us/bet/677/bitcoin-network-difficulty-14bn-on-bastille-day/#c2888
asciilifeform: in the east, there is at least a tradition of castes 'knowing their place' that they might potentially return to.
mircea_popescu: ;;google trilema fairlay
gribble: When did the 2007 banking crisis start ? How about 1985 ... - Trilema: <http://trilema.com/2014/when-did-the-2007-banking-crisis-start-how-about-1985/>; Economic cycles finally explained pe Trilema - Un blog de Mircea ...: <http://trilema.com/2014/economic-cycles-finally-explained/>; Trilemma Stability and International Macroeconomic Archetypes: (1 more message)
mircea_popescu: aww im sure he was there
decimation: yeah I agree "us -> india" is on the optimistic side
asciilifeform: try brazil, say.
TestingUnoDosTre: ahhh that one is not in engrish
kakobrekla: yes everyone advertises on bitbet comments, from predictious to fairlay
mircea_popescu: these people
mircea_popescu: why not splurge and buy... a banner!
assbot: [MPEX] [S.MPOE] 15218 @ 0.00097312 = 14.8089 BTC [+] {2}
asciilifeform: he was a legitimate EE prof at MIT << profs. bolt, beranek, and newman quit to do... neat stuff. today, they leave to become spammers. 'that's where the money is.'
decimation: at least they sold out to respectable beltway banditry
TestingUnoDosTre: I'm going to go create a betting website, go advertise on bitbet, then create a bitbet that my site will last throughout the year, then bet on NO
TestingUnoDosTre: muchos profits
mircea_popescu: sometimes i entertain this vague notion where we're somehow all wrong and the nonsense somehow actually makes sense
asciilifeform: who doesn't
mircea_popescu: sorta like SF
asciilifeform: sorta like the occasional healthy fellow who ends up in a mental asylum
mircea_popescu: "what premises would we need for intelligent frogs to make perfect sense ?"
asciilifeform: eventually starts to crack
mircea_popescu: TestingUnoDosTre lol
mircea_popescu: then make another one, and with the profitos from the first one, buy a a banner ?
asciilifeform: thing is, for sufficiently narrow tunnel, anything makes sense. flying into a flame makes perfect sense to the insect.
mircea_popescu: btw, i don't know if you realise this, but we're fucking up most insects something fierce.
mircea_popescu: they're tuned to seek the moon in the dark, you see, because while they can't go that far, all of them seeking it ensures they meet
mircea_popescu: and so they fuck.
mircea_popescu: but with the countless neon moons distributed all over, this ceases to work
asciilifeform: for quite a while.
mircea_popescu: like in that computing sucks blog,
mircea_popescu: "You discover that one day, some idiot decided that since another idiot decided that 1/0 should equal infinity, they could just use that as a shorthand for "Infinity" when simplifying their code. Then a non-idiot rightly decided that this was idiotic, which is what the original idiot should have decided, but since he didn't, the non-idiot decided to be a dick and make this a failing error in his new compiler. Then he d
mircea_popescu: ecided he wasn't going to tell anyone that this was an error, because he's a dick, and now all your snowflakes are urine and you can't even find the cat."
asciilifeform: see peppered moth.
asciilifeform: famous example
mircea_popescu: that's exactly what happened : some engineer made 1/0 shorthand for infinity trying to fit their code into the insect
asciilifeform: known, i think, even to u.s. schoolboys
mircea_popescu: where 1/0 = moon
asciilifeform: for users of 'source' linux flavours, e.g. gentoo, the comical picture above is daily reality.
asciilifeform: 'remove xxx to build new ver. xxx' won't build. spend a week to get a working box again.'
TestingUnoDosTre: how does one fit code into an insect?
decimation: ascii, the thing is that such systems seem so seductive when they are young and small
mircea_popescu: if i knew that i'd have some kickass locusts
decimation: the rot isn't obvious until the next generation comes to try to 'fix' things
decimation: how many bugs are you willing to tolerate?
asciilifeform: decimation: the system is capped by the intelligence of the dumbest contributor. which would be, typically... 10,000 people? there's bound to be a turdmeister.
ThickAsThieves: this is kinda interesting
ozbot: I sent a Freedom of Information Act Request to the FBI over a year ago. They just responded today. :
ThickAsThieves: it's heavily redacted commentary on bitcoin
asciilifeform: in other news...
ozbot: Pentagon Admits "No Solution" To Replace Russian Rockets To Launch US Military Satellites | Zero Hed
ozbot: Russia's Deputy Prime Minister on Twitter: US Can Use Trampolines to Reach Space | Space.com
asciilifeform: catch them on re-entry with baseball glove.
decimation: the irony is that the US has plenty of rockets that are plenty reliable for human space flight
asciilifeform: american, patriotic.
decimation: the problem is that the vast space-welfare complex can't be made to do anything without billions of $
asciilifeform: 'what can't continue - won't.' etc
TestingUnoDosTre: asciilifeform - this comment from zero hedge is great "It shouldn't have taken them this long to figure out sanctions against Russia wouldn't work in the first place. Next they will be passing sanctions against hurricanes and earthquakes, might as well go full retard at this point."
TestingUnoDosTre: Can totally see the War on Global Warming
asciilifeform: TestingUnoDosTre: quite a few folks in russia are pining for the (distant) possibility of proper sanctions. where usa takes its pernicious cultural, economic exports and goes home.
decimation: even the supposed "outsiders" like Musk are really just on the space-welfare dole
asciilifeform: if everybody in a given field is on the dole, what does that suggest about the field?
TestingUnoDosTre: it's going to the moon!
decimation: except, there are almost no "fields" in the us that are free of such doles
decimation: honestly if the US wanted to go full-retard, the most profitable way to proceed would be to stop collecting any taxes and run the entire USG on printed money
asciilifeform: decimation: end of the line. the train gets there eventually.
asciilifeform: when the choice becomes 'pay tax and starve' vs. 'live, off the books'
asciilifeform: as in '90s russia
decimation: "we survived as best we could"
kakobrekla: in the Machine town.
asciilifeform: decimation: the asset-stripping thing is only a secret from u.s. schoolchildren
decimation: the elites are not happy to have the masses know the truth about "foreign policy"
benkay: what is this book of williamsons?
asciilifeform: basic course on russian privatization. 'your formerly state-issued flat is now yours. you are a millionaire!' - 'neato. but my salary hasn't been paid in a year. gotta buy something to eat. what does dinner cost?' - 'half a million.'
moiety: this is like my life at present ^
moiety: but dinner costs 2
decimation: " Jeffrey Sachs was an advisor to the IMF. He also claimed to be an advisor to the Russians. "
asciilifeform: 'Russia's post-collapse economy was for a time dominated by one type of wholesale business: asset stripping. To put it in an American setting: suppose you have title, or otherwise unhindered access, to an entire suburban subdivision, which is no longer accessible by transportation, either public or private, too far to reach by bicycle, and is generally no longer suitable for its intended purpose of housing and
asciilifeform: accumulating equity for fully employed commuters who shop at the now defunct nearby mall. After the mortgages are foreclosed and the properties repossessed, what more is there to do, except board it all up and let it rot? Well, what has been developed can be just as easily undeveloped.'
asciilifeform: 'Russia's post-collapse economy was for a time dominated by one type of wholesale business: asset stripping. To put it in an American setting: suppose you have title, or otherwise unhindered access, to an entire suburban subdivision, which is no longer accessible by transportation, either public or private, too far to reach by bicycle, and is generally no longer suitable for its intended purpose of housing and
asciilifeform: accumulating equity for fully employed commuters who shop at the now defunct nearby mall. After the mortgages are foreclosed and the properties repossessed, what more is there to do, except board it all up and let it rot? Well, what has been developed can be just as easily undeveloped.'
asciilifeform: 'Having bits of the landscape disappear can be a rude surprise. One summer I arrived in St. Petersburg and found that a new scourge had descended on the land while I was gone: a lot of manhole covers were mysteriously missing. Nobody knew where they went or who profited from their removal. One guess was that the municipal workers, who hadn't been paid in months, took them home with them, to be returned once th
asciilifeform: ey got paid. They did eventually reappear, so there may be some merit to this theory. With the gaping manholes positioned throughout the city like so many anteater traps for cars, you had the choice of driving either very slowly and carefully, or very fast, and betting your life on the proper functioning of the shock absorbers. '
asciilifeform: (orlov's infamous piece)
asciilifeform: 'Post-Soviet Lessons for a Post-American Century.'
TestingUnoDosTre: orlov has to be one of the most oft quoted here
asciilifeform: damn, this didn't work
asciilifeform: anyway, everyone has probably read that one.
mod6: it's good, everytime I read it asciilifeform
assbot: [MPEX] [S.MPOE] 12809 @ 0.00097375 = 12.4728 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 36 @ 0.00465736 = 0.1677 BTC [-]
assbot: [HAVELOCK] [B.SELL] 3 @ 0.03376027 = 0.1013 BTC [-]
BingoBoingo: ;;later tell supay Keep me updated on how your guide is doing
gribble: The operation succeeded.
TestingUnoDosTre: ok, slightly retarded here but... how do I register a new nick to an already registered gpgkey via gribble?
TestingUnoDosTre: I'm trying to rid myself of TestingUnoDosTre
benkay: have you tried registering a new nick with that key?
benkay: i hate to suggest the obvious...
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