benkay: multi sig's a thing, give it a rest
benkay: it's not dev team, it's hairball
benkay: look at the conformal stuff, man
benkay: my fate to labor under the fog of illusion and never save a dime
benkay: so misinformed
benkay: so poor
benkay: ;;seen tg2
benkay: "iono, tell everyone?
benkay: "what do we do with it?"
benkay: "hey look a shiny!"
benkay: the only thing they can encompass is educating others about something
benkay: all of these people lack the imagination to use bitcoin for any purpose
benkay: wb Mats_cd03
benkay: mp wouldn't stoop to my level, are you kidding?
benkay: eh, people in crypto
benkay: yeah, well, hopefully it languishes in the shitter for another decade
benkay: make friends with the big boys etc
benkay: but its great it gives me some breathing room to get something rolling
benkay: i hate it
benkay: it sucks
benkay: that's asciilifeform's suggestion, fluffypony...
benkay: c'est possible
benkay: heh
benkay: that's all there is in bitcoin.
benkay: incompetence, greed, malice.
benkay: rank incompetence is the baseline in the space; so what?
benkay: outta my face this is old news
benkay: tell a nigga bout it
benkay: rolling a known turd into bitcoin
benkay: the incompetence
benkay: just became a little too obvious
benkay: robbed by 0.9
benkay: no that was a few weeks ago
benkay: you totally fuck with channel orthodoxy. it's great.
benkay: precisely
benkay: this feller minersdidit is a fantastic character who comes around every now and again
benkay: totally could happen
benkay: god i hope
benkay: we're experiencing a once-yearly event moiety
benkay: ey mo
benkay: i'm sure you count arbitrarily large deposits to private sector lenders loans.
benkay: sure
benkay: who cares about commodities i want to short my own generation
benkay: how do i short that
benkay: wtf's going on there
benkay: that's a credit thing too
benkay: "rib eye" now chuck.
benkay: "oil", mostly, corn.
benkay: who cares. hedge.
benkay: let 'em
benkay: tch yeah
benkay: simple things.
benkay: freedom and privacy
benkay: a wage slave's fruitless fantasies
benkay: dreams of decoupling
benkay: u slay me minersdidit
benkay: dis guy
benkay: haha
benkay: ;;ticker
benkay: <minersdidit> crypto locker was the biggest influence on bitcoin's price move << i've said this too, but i'm an idiot
benkay: <akstunt600> get rich on what a failing currency << bitcoin isn't going to make anyone playing with it rich. only application and hard work will accomplish that.
benkay: <minersdidit> it wont work in a society collapse << of course, just in small isolated islands of civilization dotted round the landscape of destruction
benkay: true nuff
benkay: predictable contradiction
benkay: silly troll ;)
benkay: no, real blood minersdidit
benkay: victory or loss, way too early.
benkay: there's no blood.
benkay: the war hasn't even started.
benkay: only useful in places like ars with actually malignant currency regimes.
benkay: ten years. mebbe 20.
benkay: you can trivially move money across the globe with bitcoin
benkay: great news though
benkay: there are great remittance plays to be made using btc to move money for people, but it involves taking fiat on one side and paying fiat out on the other
benkay: nobody outside of the insular btc bubble wants btc
benkay: over btc? no need to have a crazy blow stamp wallet.
benkay: none of this real time exchange nonsense.
benkay: capitalize both offices with local fiat and local btc, keep track of how much it costs to replenish both coffers, adjust rate accordingly.
benkay: bitcoin for remittances might just work if you have good connections and keep your books totally dialed.
benkay: bitcoin for remittances is a decade early if you're talking about sending btc to farmers.
benkay: wait 'till minersdiditi through minersdiditxiv show up
benkay: tib, don't you have skirt to chase?
benkay: must be spring break
benkay: who even ams you!
benkay: ka-zong
benkay: who's nubbins` ?
benkay: core dev team and btc fundation are pretty tightly aligned
benkay: by my count we're solidly in the middle of september, akstunt600
benkay: holy fuck that's a descent rate
benkay: or colombia
benkay: 'cept of course send it to someone in argentina
benkay: give it 80 years, and bitcoin will be in the same position.
benkay: what suckers have btc debts?
benkay: real world is slow anyways
benkay: IMPASSE
benkay: kinda weak wot.
benkay: plus cash sucks, Trader1333, gotta go with moneypak
benkay: court jester, if you will.
benkay: more like a clown
benkay: ?
benkay: "THEY'RE MEAN!"
benkay: get beat
benkay: "TREAT ME LIKE THEY DO BACK HOME RAAARGH"
benkay: run up into a foreigners bar
benkay: good plan
benkay: surely you're familiar with a search bar, minersdidit
benkay: well with trust like that
benkay: ;;gettrust Trader1333
benkay: what's ignore?
benkay: fun trollage in here this afternoon
benkay: kakobrekla: ping
benkay: new, unrelated tangent...
benkay: that's for damn sure.
benkay: .bait
benkay: yup great awesome
benkay: k great thanks
benkay: princessnell's, most likely.
benkay waits for this thread of troll to spin out
benkay: read the conformal source. next.
benkay: next.
benkay: github.com/conformal/btcd
benkay: conformal do you even?
benkay: reference client isn't the only client
benkay: so is good blow.
benkay: yeah it's expensive and hard to get. what of it?
benkay: ffs
benkay: utility != price, price != value
benkay: see now jump to a new topic, a new stupid claim
benkay: the "it's crazy vix week dot butts! bitcoin is useless!" argument.
benkay: not you, TestingUnoDosTre
benkay: make this argument in a decade.
benkay: fiat pricing silliness has not and never will matter.
benkay: the fundamentals remain.
benkay: the txn net is stronger than ever.
benkay: the crypto's still rock solid.
benkay: it's lost none of its value.
benkay: say we clear back to 10
benkay: resorts to ad hominems
benkay: lay off the entheogens, kid.
benkay: economy is a fractal yo
benkay: with elastic supply
benkay: so make the perfect alt
benkay: still not really caring.
benkay: eh
benkay: now or then?
benkay: lose everything buying at 1200, minersdidit ?
benkay: miners got paid 25 bitcoin to move some other number of btc around, plus txn fees
benkay: how is the subsidy different and the txn value the same?
benkay: sounds like a bubble, minersdidit
benkay: no, those are still worth 1B too.
benkay: HAW
benkay: i have resource streams.
benkay: if it's still blow stamps for kiddies at that point, no big.
benkay: i can wait 10 years
benkay: luckily it doesn't matter
benkay: government will always dilute the currency, given the opportunity.
benkay: claim, claim, claim, wait for sucker to bite, argue, say 'you're too stupid for me to possibly explain this'
benkay: <minersdidit> thats beyond your primitive understanding to even bother explaining << tiberius move, iirc
benkay: i find that rather satisfying.
benkay: the other side is that i know the fraction of the monetary reserve my work is worth
benkay: .5/hr
benkay: i;ll price my work quite happily in btc
benkay: nooz?
benkay: why don't you bring the link
benkay: ops for assbot?
benkay: wild stuff.
benkay: fractures move at like 1 mile/sec
benkay: ha!
benkay: just look how fucking fast that thing tears itself apart
benkay: once upon a time i took 2nd place in physics for attempting to quantify polarization of light coming through a prd as a proxy for embedded stress
benkay: coulda sworn they were different
benkay: huh
benkay: what does your altcoin addr start with?
benkay: different addresses, tho
benkay: ;;later tell princessnell http://log.bitcoin-assets.com/?date=10-04-2014&bots=true#614499
benkay: davout mircea_popescu x.eur has delivery performed by delivery of cash to a bitcoin-central account, right?
benkay: ;;later tell princessnell it's actually gpg keys which are tied to mpex accounts
benkay: ;;gettrust fluffypony
benkay: oh i got that loud and clear
benkay: complicated i can handle
benkay: how does a stat get signed then?
benkay: mircea_popescu ^^
benkay: do they then have a copy of the mpex keys as well? for the signing of stats etc?
benkay: hey mircea_popescu i think i'm misreading your mpex tech stuff article - web servers have a copy of the db to fulfill stat requests?
benkay: wow.
benkay: ;;lasers
benkay: as in .99 pure btc
benkay: MGK: graded?
benkay: graded?
benkay: mircea_popescu: the teachers'd need to be worth attending to.
benkay: vms need hacking
benkay: gotta read more of this later
benkay: "bitcoinica valued expediency and experimentation over postponement and risk-aversion"
benkay: options on pg 20
benkay: i'd like to meet the person who's willing to test that 'likely' in the states, or finance the establishment of caselaw.
benkay: bold claim.
benkay: CEA.
benkay: risk, it would likely be considered a forward and be excluded from the
benkay: (and not their cash equivalent), and is being used by a party to manage price
benkay: Accordingly, to the extent a contract delivers bitcoins at a date after the sale
benkay: http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID2423461_code510873.pdf?abstractid=2423461&mirid=1
benkay: it has footnotes and stuff that won't survive so well
benkay: oh it's great
benkay: oh indeed.
benkay: ey lookit what princessnell's been up to: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2423461
benkay: too early
benkay: fuck retards get paper
benkay: no man it's a waste of time
benkay: no symbol.
benkay: bitcoin advocacy, mjr_ ?
benkay: 200B
benkay: i advocate we abandon the btc symbol all together and just use a capital b
benkay: bm and mp
benkay: 2 things i'm bummed about missing this year
benkay: still going to burning man with the shreminal?
benkay: mr constantly dropping connections
benkay: oh look who it is
benkay: they imagine their imagination matters, fluffypony .
benkay`: there is a bit of a discount for magical bitcoins
benkay`: "why is it crashing?"
benkay`: 450 -> 398
benkay`: coin on, fellow.
benkay`: daybyter: not really interested.
benkay`: colbert's never been funny.
benkay`: and you don't have the budget to pay for its production?
benkay`: what's the app?
benkay`: daybyter: what's your budget?
benkay`: what's your budget?
benkay: such science
benkay: phones are for wage slaves
benkay: ;;calc 17.00250000/2267
benkay: ;;cal 17.00250000/2267
benkay: how long does this one go for?
benkay: !t h rent
benkay: colbert and stewart's shows are utterly inane
benkay: http://online.wsj.com/news/articles/SB10001424052702303873604579492364231819656?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303873604579492364231819656.html
benkay: bitcoin's a scam
benkay: no demand :)
benkay: <-- does not run nodes
benkay: is that so?
benkay: so you can't possibly be telling me that a full node needs to hold the whole bc in memory to do its job
benkay: i lose track of all the colored coin implementations
benkay: counterparty whatever pedant
benkay: i want to know more about these memory requirements imposed by mastercoin
benkay: hang on this topic is stupid and boring and you're all stupid and boring for engaging in it