nubbins`: we printed that "hey rosetta" one in the second row
kakobrekla: its easy to speak for the past.
nubbins`: there's some of his work
ThickAsThieves: either way i'm done worrying about random canadian stranger!
ThickAsThieves: so you might say, ok bro you got the car, maybe now get some btc
nubbins`: i think he said he's pulled in $13k so far, hoping for $20k by the new year
nubbins`: he made the money when btc was > $1k
ThickAsThieves: he mad ethe money when bitcoin was a certain price
bitcoinpete: not the same choice as you and i have
chetty: <bitcoinpete> $20k car is worth $15k the next year// and all the maintence costs and insurance and and
thestringpuller: nubbins`: need more litho-printers these days
bitcoinpete: $20k car is worth $15k the next year
bitcoinpete: let's say he made $20k off the prints
nubbins`: he did a series of prints last year depicting a map of the city cut up into different neighbourhoods, with the name of each written on top (it's a thing people do)
nubbins`: i was talking to another local screenprinter last night
mike_c: i'm probably the only idiot in here, but in case there is one other: "3 indicates a "pay-to-script-hash" address that contains a hash (one way fingerprint) of a script that can be used for multiple things including address obfuscation and multi-signature requirements."
chetty: mike_c: Rassah:Mainly because taking to someone on IRC does't give you nearly as much information as talking to them IRL, over beers, while watching their nonverbal cues and cmmunication << uh, does this guy know hom scamming works?//meeting pirate in person helped so many people figure that one out
ThickAsThieves: mike_c is selling out for the community
bitcoinpete: mike_c: if you weren't in the wot, i'd swear your quark support was a scam
bitcoinpete: kakobrekla: wow. the wotcoin dominateth.
fluffypony: becase confidence tricksters don't exist, and even if they did they'd never know which non-verbal cues they should be giving off
mike_c: i mean, those are exactly the tools at the disposal of the scammer. misleading cues and communication.
mike_c: Rassah:Mainly because taking to someone on IRC does't give you nearly as much information as talking to them IRL, over beers, while watching their nonverbal cues and cmmunication << uh, does this guy know hom scamming works?
bitcoinpete: so you're saying there's a chance!
fluffypony: so maybe over the w/e
fluffypony: unfortunately I have to finalise this tender by CoB tomorrow, and there's stuff that needs changing
bitcoinpete: fluffypony: maybe people are pissed that Draper didn't reveal the USMS auction price on the Colbert Report yesterday << this theory should have its own blog post. maybe tie it into the baltic bitcoin conference one?
ThickAsThieves: i just leave supertrolly comments on their PR instead
bitcoinpete: BingoBoingo: I tend to treat people in Bitcoin T-shirts the same way drug dealers treat people wearing I <3 crack T-shirts << lol !
ThickAsThieves: aww ethereum didnt call me tho
bitcoinpete: Rassah: I'm starting to suspect the things they talk about in private do not match the spin they put out in public... << trust that gut
bitcoinpete: pankkake: i've met anthony irl twice and we've talked on the phone before. but it's been... quite a while
pigeons: wow really they are already trying to damage control the 1% of the press they get that isn't positive? and from a bitcoinpete (no offense lol) blog post?
pankkake: who do those people think they are
pankkake: what the fuck?
bitcoinpete: at least enough to get a phone call from ethereum fearless leader anthony di iorio
bitcoinpete: well my blog post on the matter was fairly widely read.
gribble: You rated user BingoBoingo on Thu May 22 17:57:19 2014, with a rating of 1, and supplied these additional notes: spinozan, blogger.
bitcoinpete: fluffypony: show those derps a 5000 BTC bounty for making 1.0 work and then we might be talking
pankkake: well yes, he wants to have fun at others expense
pigeons: those are all cool ideas, but pretending they actually work and can be used is pretty much deceptive
pigeons: vitalik sells lots of snake oil besides etherum: emulated quantum computer that runs faster than its von neuman host; proof of stake; "trustless" distributed fiat (schellingcoin);
bitcoinpete: his intentions seem innocent enough and i'm sure he's "having fun" but ethereum is still a fucking joke
cazalla: on account of their heads and shit
bitcoinpete: Rassah: That statement of his tells me he either has never met Vitalik in person, or doesn't know what an inteligent person is like << met the dude briefly at toronto expo. so what?
gribble: Natalie Portman . com | The #1 fansite for Natalie Portman: <http://www.natalieportman.com/>; Natalie Portman - IMDb: <http://www.imdb.com/name/nm0000204/>; Natalie Portman - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Natalie_Portman>
bitcoinpete: BingoBoingo: Well, if pete isn't smart then he's been incredibly lucky. << and crafty! but smart and lucky need not be mutually exclusive.
bitcoinpete: kakobrekla: then we'll be kings!
bitcoinpete: Rassah: There aren't a lot of smart people in bitcoinland... I have a feeling Bitcoin Pete isn't one either, but is regurgitating things other smart people are saying in his blogs. A beneficial service I guess << hooray for stupid yet useful jooz!
kakobrekla: soon, there will only be decimals!
bitcoinpete: BingoBoingo: Well, pete's a jew and there are a lot of smart members of the tribe << einstein, maimonides, spinoza, natalie portman, etc.
bitcoinpete: Rassah: I wonder if Bitcoin Pete has met an inteligent person in his life << if i had, would that make ethereum suck less?
bitcoinpete: Spoondoolies Halts Sales of SP30, Investigating Technical Issues << that might explain the mysterious 30k TH that suddenly came and went
bitcoinpete: * BingoBoingo has never actually been to an airport << huh… ain't that the darndest thing
ThickAsThieves: use the imgur one
ThickAsThieves: you trade by the price
ThickAsThieves: you dont trade by the date
Pierre_Rochard: BigBitz: Ok, in the future I will qualify it as “huh. Not seeing any news that could be having a secondary effect because while the price doesn’t revolve around the news, this could be one of the rare news-driven price shifts”. That way there won’t be any confusion.
BigBitz: Then the next day it would be China bans Bitcoin (again) and it would rallllleeeeyyyythefuckmoade.
BigBitz: They don't care.
fluffypony: maybe people are pissed that Draper didn't reveal the USMS auction price on the Colbert Report yesterday
Pierre_Rochard: fluffypony: agreed, I look for news because that can hint at the amplitude of the shift
fluffypony: it's driven by supply and demand and other market forces (which can include news or market manipulation)
ThickAsThieves: "Yesterday, we had to stop accepting deposits into the exchange, because our payment processor had essentially cut us off from new deposits," BTC China CEO Bobby Lee told CNN.
dub: these guys ended up in his ward http://zakireza.wordpress.com/2011/08/27/running-of-the-bulls/michael-lenahan-laurence-lenahan/
fluffypony: and instead did an analysis of XMR on the back of yesterday's Poloniex announcement
dub: a friend broke his femure in pamplona (not running the bulls, trying to scale balconies the night before), hospitals there are scary
fluffypony: this week they stopped their LTC analysis entirely (they will do ocassional bits of LTC analysis if necessary)
fluffypony: ThickAsThieves: yeah not bad, some of it is above my pay grade and I don't quite grok the nuances, but it's still interesting
ThickAsThieves: <+fluffypony> who here gets the Bitcoin BullBear report? /// is it good?
ThickAsThieves: <+dub> i've a perverse need to test newphones waterproofyness /// maybe you should go to running of the bulls
pankkake: so how can you spec the bet?
ThickAsThieves: <+BingoBoingo> HANDSofSTEEL: If you want to take both sides, BitBet is probably the best tool for that --- good point, need ETH BitBet, that's how we can all short the mofo
fluffypony: I'm sure I heard someone say that Etherium is "blockchain 3.0 technology" the other day, I wanted to stab them in the face
ThickAsThieves: <+Rassah> decimation: ... you could think of ether is jet fuel needed to run it. /// gtfo
ThickAsThieves: the smarts?
ThickAsThieves: <+Rassah> In summary, they had an idea they thought was awesome, they wanted to spend a year working on this awesome idea of theirs, without having to worry about jobs or income, so they marketed their idea to bitcoiners who like dumping money into altcoins... Sounds like they weren't dumb at all about this :) //// So, they are about equal to every other altcoin with dream, where's
ThickAsThieves: <+BingoBoingo> My current beef with Etherium is that despite all of their protests they are selling equity in a something. /// worse, they are selling a painting of a duck to dogs, they don't yet realize it can't fly or quack, but it at least fills their bellies
fluffypony: he's punting Etherium?
ThickAsThieves: <+Rassah> Also, as is most important in any crptocurrency (even moreso than its "features") Etherium has a team of good developers with a specific goals, who want to work to develop it no matter the price. /// til they get bored
trixisowned: that dont match other pools
trixisowned: when in reality they just added their address to the list of miners, and take a percentage of each block as if they were actually hashing
trixisowned: CBBSRB just made it so the blocks looked like they were paying out full blocks on each block payout
fluffypony: who here gets the Bitcoin BullBear report?
trixisowned: jurov CBBSRB was created to hide Luke-Jr and his crew taking from each block found by their pool
trixisowned: "oh i havent even looked at the code for CBBSRB"
assbot: An exclusive peek into the world's biggest Bitcoin exchange - YouTube
trixisowned: etherium proof of burn
jurov: honestly i don't think adding 100 of us would skew the results much
pankkake: about the tslb: anyone tried greenaddress? I've only read the faq, but it seems pretty smart
pankkake: /r/buttcoin can't deal with bitcoin opinions that are not the standard /r/bitcoin crap; they expect to fill their bingo cards and it doesn't work
benkay: nobody escapes the open drinquisition
benkay: strongest, sorry, i'm the high one
benkay: <BingoBoingo> mike_c: Situation has been remedied. Key in question was not sold so much as held by each of us in trust of a higher powah. // this is the highest endorsement of the wot i've yet seen
Rassah: Mainly because taking to someone on IRC does't give you nearly as much information as talking to them IRL, over beers, while watching their nonverbal cues and cmmunication
Rassah: Except I actually know them, who they are, what they do, what kind of a person they are, etc much more than a nick on an IRC chat
Rassah: The people in my real life WoT are all-encompasng and global too
fluffypony: the difference is that it's completely all-encompasing and global in its reach
fluffypony: Rassah: you are spot on, in a sense - the WoT is a digital representation of the real life business networks that are often found amongst the Freemasons, the Jews, or even among an old boy's club for a particular school
dub: a number of 'trusted' fold in and out of the wot met pirate if you'll recall
mircea_popescu: perhaps you'd be well served by reading the discussion on the topic. the wot dun work as you may imagine it do\es.
Rassah: There are a lot of people in wot that have never met in person
mircea_popescu: you're on the thin ice of presumption. what makes you think people on the wot don';t kn ow each other in person ?
Rassah: The other "wot" is people who actually know each other in person, and can vouch for each other. It's WOT, witout a digital record
mircea_popescu: think of it as "not being in the communist party" in moscow cca 1952.
mircea_popescu: not in the wot = no good. period.
mircea_popescu: of people that will either fail or be raped or both.,
Rassah: mircea_popescu: Most people I know are not in the wot. Sorry, but there is a whole separate "wot" out there that's not quite as... digital...
mircea_popescu: Rassah: I thought he was? Etherium is run by a large group of people, including finance guys << none of which in the wot ? catperson, puhlease.
asciilifeform: incidentally, for a few years now one can buy similar apparatus for triangulating small arms fire. you can actually see these permanently installed in certain u.s. cities.
mircea_popescu: decimation: everyone knows that eastern europeans are going to cheat and steal the carp << i can attest, carp is huge in eeu
asciilifeform is familiar with history, where the briefcase is always behind one cement column too far, the mine is always three cars away, etc.
mircea_popescu: asciilifeform you know they missed.
asciilifeform: mircea_popescu: shockwave << what's the use if the charge is already set off and the crater smoking ?
Rassah: mircea_popescu: It sounded like you doubted my faith in bitcoin. Frankly I am offended. The statement I made was lolzy and derpy beause it is essentially saying that bitcoin will become so valuable that it will be valueless, which is a logical contradiction, and yet I have heard that statement countless times over the years
mircea_popescu: btw, let the permanent rtecord reflect that i am less drunken than mthreat
asciilifeform: mircea_popescu: if your alarm picks up TATP, sell it to the americans, they'll cream their pants
Rassah: That's the most entertainingly dumb thing I have heard. I wonder if anyone else has any others
Rassah: mircea_popescu: ??? I mean stupider than the claim I said
Rassah: By the way, does anyone have a better (lolsier) reason for why bitcoin will never work than "Bitcoin is deflationary, and will keep going up in price as people hoard it, until it becomes wortless?"
mircea_popescu: mircea_popescu: conventional munitions alarm << you mean, ears ringing? or smelled the unmistakeable smell of trotyl? or actual electric alarm? << no there;s an actual alarm.
cazalla: he'll be taking it in the ass, that's about it
BingoBoingo: HANDSofSTEEL: If you want to take both sides, BitBet is probably the best tool for that
HANDSofSTEEL: thanks for the correction
Duffer1: the cable management!
asciilifeform: Duffer1: what is remarkable in these photos ?
assbot: imgur: the simple image sharer
assbot: imgur: the simple image sharer
HANDSofSTEEL: but yes there are alterior motives
HANDSofSTEEL: i actually think the technology is awesome is what piques my interest
sqsqsqsqsq: you like it, the pump and dump?
HANDSofSTEEL: then that will be a good start for early investors
HANDSofSTEEL: then popularity explodes after offering but before genesis
HANDSofSTEEL: well its catch 22, the more on initial, the worse the entry price is, but there is increased interest
Duffer1: haven't they already received several thousand perfectly healthy btc?
Duffer1: start well for who is the question
Duffer1: etherum isn't going to end well
assbot: A Guide To Buying 5000 Ether/Bitcoin, 2.5x More Than Ethereum’s Genesis Sale Offers | When Bitcoin Met Pete
Duffer1: HANDSofSTEEL http://bitcoinpete.com/2014/07/23/a-guide-to-buying-5000-ether-bitcoin-2-5x-more-than-ethereums-genesis-sale/
BingoBoingo: HANDSofSTEEL: If you really want to go long on ethereum, mircea_popescu wants to go short. I'd advise reading up on ethereum criticism before doing anything rash though.
BingoBoingo: HANDSofSTEEL: Yeah, the log are here and as kakobrekla Has blessed you with, search
kakobrekla: !s ethereum
HANDSofSTEEL: wanted to see what the overall vibe was like but i see there are logs online to look at
HANDSofSTEEL: was reading up on ethereum actually is what brought me here
BingoBoingo: HANDSofSTEEL: What brings you to these parts?
dub: Lawyers are teh biggest pottheads in my experience
Rassah: I used to work at Disney World. People who wore suits often smoked weed, dropped acid, etc, because they could always blame the consequences on head exhaustion
HANDSofSTEEL: thanks for the warm welcome
dub: got a buddy who was basically high 24/7 on the job
BingoBoingo: I wonder if the 5-0 has an eu de meth the can spray on to be more convincing undercover
TheNewDeal: the skunky kind?
BingoBoingo: I tend to treat people in Bitcoin T-shirts the same way drug dealers treat people wearing I <3 crack T-shirts
BingoBoingo: TheNewDeal: That was danielpbarron
BingoBoingo: So, last friday I'm at the bar and my friends point out a dude with a Bitcoin T-shirt. Suggest I start a conversation. I point out that in the best case they are a stranger, and in the worst case they are some petty scammer I blogged about.
BingoBoingo: TheNewDeal: Rejected tx's happen on a scale.
BingoBoingo: TheNewDeal: Few BTC miners find mining empty blocks an economically optimal choice.
BingoBoingo: Then there's the tendency of NMC miners to reject tx's because it's just their free bonus coin with purchase of BTC mining
Rassah: If the demand for .bit domain names, addresses, and identities goes up, demand for namecoin will go up. Right now, it just says that no one realy uses .bit
BingoBoingo: TheNewDeal: Because what do the Big BTC pools that merge namecoin do? Almost uniformly they dump it. Now... there's enough NMC out there that a sufficiently well monetized party could stabilize the market, but doing so would be expensive and bloody
Rassah: decimation: K... Point is, regardless of what ether is ultimately worth, if they do come up with a system that's as usable as they hope it will be, you could think of ether is jet fuel needed to run it. It won't be money, and, privately, the ether guys don't seem to want etherium to be money either. Just coins you plunk into the system to keep it rnning
BingoBoingo: The merged mining that saved namecoin now cripples it.
BingoBoingo: Well, their biggest concern should be locating themselves in friendly jurisdictions that don't extradite.
decimation: the label "money" isn't relevant - jet fuel is eminently salable, whereas the salability of ethereum is extremely dubious - and that's the property I was interested in specifying with the word "money"
Rassah: Though not sure about the ethics of this...
Rassah: In summary, they had an idea they thought was awesome, they wanted to spend a year working on this awesome idea of theirs, without having to worry about jobs or income, so they marketed their idea to bitcoiners who like dumping money into altcoins... Sounds like they weren't dumb at all about this :)
BingoBoingo: Among the other things Sonny V could go back to jail for equities fraud is a leading candidate.
BingoBoingo: If you don't have anything to deliver and you sell "whatevers" the "whatevers" you bought constitute equity in the concern
Rassah: yes. Like they hoped and planned to do
Rassah: and now they are... so....
BingoBoingo: Much like BFL sold equity in the company.
Rassah: I'm starting to suspect the things they talk about in private do not match the spin they put out in public...
Rassah: BingoBoingo: Protests? When I alked to them, they wanted to sell equity in it, but couldn't due to regulatory crap
Rassah: decimation: Airline companies are spending money on jet fluel futures, with expectation of using it in the future. Doesn't mean jet fuel is money
BingoBoingo: My current beef with Etherium is that despite all of their protests they are selling equity in a something.
decimation: umm, people are trading money for it, with the expectation of spending on stuff in the future?
Rassah: decimation: why do you think Etherium is a candidate for money???
Rassah: My rule #1 for investing is invest in the team, not the idea. Awesome idea with morons behind it will go nowhere. For Altcoins, an awesome idea with a single developer behind it will crash and busn as soon as that developer gets bored and goes to do something else
decimation: hammers & tulips have an application - neither are good canidates for money
Rassah: Also, as is most important in any crptocurrency (even moreso than its "features") Etherium has a team of good developers with a specific goals, who want to work to develop it no matter the price. Doge (and arguably most others, possibly incluing Litecoin) does not.
Rassah: Eh, Etherium at least has an application. Doge was just a self-aware joke
Rassah: I thought he was? Etherium is run by a large group of people, including finance guys
BingoBoingo: Well, if he isn't much of a finance guy... Shouldn't he be outsourcing the expertise?
Rassah: p.s. I'm not saying their etherium deal is a good one. I don't think investing in ether can in any way give a better return than investing in bitcoin... I don't think vitalik is much of a finance guy, either, so I'm not sure if this "ipo" ca be blamed on him
TheNewDeal: he sent me .1 btc, I sold him a position in the bastille day bet
Rassah: TheNewDeal: Bitcoin bet?
Rassah: That statement of his tells me he either has never met Vitalik in person, or doesn't know what an inteligent person is like
BingoBoingo: Well, if pete isn't smart then he's been incredibly lucky.
Rassah: There aren't a lot of smart people in bitcoinland... I have a feeling Bitcoin Pete isn't one either, but is regurgitating things other smart people are saying in his blogs. A beneficial service I guess
Rassah: Hah! Bitcoin Pete's article: "Vitalik Buterin, he of "autism is the same as intelligence" fame"
asciilifeform eastern europeans are going to cheat and steal the carp from your lake << actually did this. conformed to stereotype.
BingoBoingo: Chicken is old hand but carp is a new one for me. I might have suspected catfish as a stereotype, because like fried chicken everyone loves fried catfish. Carp though have so many pin bones in their filets. Honestly I find Gar a better use of my fishing time than carp.
assbot: Economics and ethics: Lying commies | The Economist
decimation: everyone knows that eastern europeans are going to cheat and steal the carp from your lake because they were raised as communists: http://www.economist.com/news/finance-and-economics/21607830-more-people-are-exposed-socialism-worse-they-behave-lying-commies
BingoBoingo: Wait, carp are black people food now? I thought it was Wasps that first plagued this continent with them.
assbot: 'No Eastern Europeans' sign placed at carp fishing lake by angry landowner who claims they have stolen his fish | Mail Online
decimation: lol in the the stereotypical black person likes carp, apparently in the uk the stereotypical eastern european likes carp: http://www.dailymail.co.uk/news/article-2306769/No-Eastern-Europeans-sign-placed-carp-fishing-lake-angry-landowner-claims-stolen-fish.html
BingoBoingo: Fucking water pigeons is what they all are really
BingoBoingo: decimation: In the Americas European carp are invasive too
BingoBoingo: People keep forgetting Potassium Chloride was the lethal component of lethal injection cocktails http://www.cbsnews.com/news/arizona-execution-takes-two-hours-to-finish/
BingoBoingo: decimation: Well, these are hard problems to pin down in the way that some people advance certain species of carp as invasive, when here they are all invasive.
BingoBoingo: decimation: In large parts of the forested midwest cannabis, albeit of poor quality has nativized itself
assbot: Datura stramonium - Wikipedia, the free encyclopedia
asciilifeform: decimation: the 'zombie cucumber' ?
decimation: idiots in the midwest smoke jimson weed
BingoBoingo: And of course the net result of the spritz of ether into the campfire was panic for ~1.5 miles in any direction
BingoBoingo: pigeons: If you have a friend in the chemistry lab there are more interesting things to consider than ether
BingoBoingo: The sprayer's family had ~8 or 9 muscle cars in various states on non-function in their yard at the time.
pigeons: they make real good friends
BingoBoingo: asciilifeform: Well I was ~6th grade at the time and age ranged up to High School degenerates in the group
pigeons: so of course it had the opposite effect
asciilifeform: can one even buy ether in usa outside of a terrorist catalogue?
pigeons: yeah i remember the scout leaders telling us emphatically not to smoke the local funky weed
asciilifeform: BingoBoingo: ether << standard equipment in boyscout kit?
BingoBoingo remembers at boyscout camp one of the older scouts spaying ether into the campfire to discourage us young'uns from spraying pug spray into the fire
asciilifeform old enough to remember when technical magazines had ads in the back for 'build your own helicopter from tractor!'
asciilifeform: jetpack << as in, the one flying machine that is guaranteed to kill you if the engine cuts out?
BingoBoingo: asciilifeform: A thing that has it's big national get together locally is "powered parachutes"
pigeons: yes that's still the case
asciilifeform not exactly a pith-helmeted hero of world travel; went to an airport for the first time in ~22 yrs. to visit mircea_popescu and other phriends back in april.
pigeons: as a kid you didnt go run around them back when it was possible?
asciilifeform: BingoBoingo and other us-ians probably know that one shouldn't take an old set of shooting earmuffs to the airport, and why...
asciilifeform is actually quite familiar with the construction of such alarms, and their shortcomings.
asciilifeform: mircea_popescu: conventional munitions alarm << you mean, ears ringing? or smelled the unmistakeable smell of trotyl? or actual electric alarm?
CheapBoy: Alrighty I'm getting the GPG running.