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bitcoinpete: just wanted to see if i could attribute your articles there
mircea_popescu: are they playing the women's french team ?
davout: yo, playing france on the 30th
mircea_popescu: "That last point probably needs some elaboration. You see, #bitcoin-assets makes a distinction between “being wrong” and “being stupid”. If you are “wrong” about something the implication is (and should be) that you are self-aware enough to explain your reasoning well enough that one of three outcomes occur: those in conversation either come round to your point of view; or they agree that you have a valid l
mircea_popescu: <dub> is that an organisation for the purpose of immediately surrendering to anything that threatens crypto << don't knock it, it's a splendid strategy.
mircea_popescu: justusranvier lol that's quickly becoming one of the most loved b-a links
dub: is that an organisation for the purpose of immediately surrendering to anything that threatens crypto
bitcoinpete: and no doubt they're pushing for merchant adoption. and regulation
davout: the guys are also behind the french "association bitcoin"
bitcoinpete: they should really just be here instead
bitcoinpete: there's one in new york, tel aviv, montreal, etc
bitcoinpete: davout seems they follow the action on -assets and know who i am, much to the surprise of a developer i know visiting paris
davout: bitcoinpete: yeah, i know the guys and the place
justusranvier: Try not to let the atrocious web design detract from the content.
justusranvier: They used to do a much better job of maintaining the illusion.
mircea_popescu: justusranvier i dunno. as a compulsive reader of supreme court caselaw up until about the 70s i must say it was pretty good literature.
justusranvier: It is the role of that court to present the peasants with the illusion of fair play and the rule of law so they don't revolt. They aren't doing a very good job.
mircea_popescu: “It is not the role of this court to identify and plug loopholes,” Scalia wrote. “It is the role of good lawyers to identify and exploit them, and the role of Congress to eliminate them if it wishes.” << i could see scalia as bitcoin chief justice.
mircea_popescu: “Why should any of these technological differences matter?” Breyer wrote. “They concern the behind-the-scenes way in which Aereo delivers television programming to its viewers’ screens. They do not render Aereo’s commercial objective any different from that of cable companies.”
mircea_popescu: anyway this aereo thing is going to cause problems in the future.
mircea_popescu: a. well then i guess friend can see the log or w/e.
mircea_popescu: finding the source link to a quote has never been this difficult
mircea_popescu: there's about 50 diff lawyers of that name. anyway.
mircea_popescu: just because scammers don't use gaap in fiat too doesn't give ignoramuses aspiring to comment the right to pretend gaap doesn't exist, or its use isn't legally mandatory.
mircea_popescu: right but i mean of whom or what or in general, who needs to be hit over the head with the observation that the bitcoin space has had a gaap for years and they're being ignorant.
ThickAsThieves: it has a "Rate this Research" button on the bottom, so i'm guessing itll be on their website somewhere
bitcoinpete: was curious if any of the house of bitcoiners were here
bitcoinpete: apparently they knew yours truly from twitter and -assets
bitcoinpete: a "bitcoiner" i know from calgary is in paris atm and headed to the house of bitcoin
pankkake: I think he removed the post
mircea_popescu: "The poorly thought trust system also highly favor said organization" favors. cause singular.
ThickAsThieves: mp the quote was not from PR
mircea_popescu: someone gotta up their googlefu
mircea_popescu: No results found for "There are currently no Generally Accepted Accounting Principles (GAAP) governing bitcoin".
bitcoinpete: pankkake davout do either of you boys know anyone at the "house of bitcoin" in paris?
mircea_popescu: somebody failed to read up on the nz0
ThickAsThieves: Name of the Day: Perianne Boring, of Boring & Company
ThickAsThieves: transacting in bitcoin. Investors should carefully watch and judge the reporting to make sure they understand, and agree, with management’s view." Moodys
ThickAsThieves: "There are currently no Generally Accepted Accounting Principles (GAAP) governing bitcoin, increasing the risk there could be inconsistencies in the financial reporting of bitcoin transactions. The lack of accounting rules means the coin will be accounted and reported using the most appropriate standards that exist making it challenging to compare GAAP between different companies
pankkake: perhaps the real competitor is localbitcoins
pankkake: well that's what they're selling. send money, everywhere
rithm: there's a WU on every block
rithm: but i've seen them in mexico, the vigin islands, and western samoa
mthreat: it's kinda like western union saying they won't use the internet until it's regulated
ThickAsThieves: "The 17 most important things Google announced at I/O" lol
pankkake: WU is used for many scams, so they are truly in competition with Bitcoin
mircea_popescu: and a market of "hackers" let's say, ie, the sons and daughters of said iliterate peasants. who will just move to bitcoin.
mircea_popescu: truth is bitcoin is exactly going to kill them. western union has a market made out of illiterate peasants and assimilated non-persons, which is not really worth serving per se,
rithm: it's really all the same
rithm: mircea_popescu, even better rent the burn-in period as "cloud hashing"
mircea_popescu: meanwhile the sec is too fucking snotty to actually get to work at strangling these idiots.
mircea_popescu: the gigavps method
ThickAsThieves: they are giving people rented hash shares instead of shipping their hardware
ThickAsThieves: BFL, the hits keep coming
ThickAsThieves: "As we have capacity available and as we gain more capacity, we will be activating more people in Cloud Mining. As we ship out hardware and disable the people with Cloud Mining after they have their hardware shipped, we will allocate that capacity to the next people in line. "
mircea_popescu: i so wouldlike to see someone grow some fucking balls and argue in court that they're not hold to do anything the irs wants because well... the irs doesn't follow the law.
rithm: why have i been filing these taxes and keeping these papers for so long if I can just say "i dunno"
mircea_popescu: otherwise, you're "legally required" to keep the records for... ever.
mircea_popescu: well that depends. if it suits them, they only keep them for 6 months.
rithm: also aparently the IRS only keep backup tapes for 6 months
rithm: if you can tell them to fuck off, and trendon can lie to them and destroy evidence, and erik can keep all his bitcoins and fay a minor usd fine.....
mircea_popescu: rithm the misguided pretense as to jurisdiction is starting to get on my nerves. sec doesn't actually make it, but all sorts of dr foreskin lapdogs fall over each other to "create consensus"
rithm: which sounds like a terribll terribly punitive slap on the wrist
mircea_popescu: fiat people : stop trying to pretend bitcoin is fiat. bitcoin is not fiat. more importantly, your expiration date is in the past.
assbot: Bitcoin Investment Vehicles Beware The SEC is Watching | BakerHostetler
mircea_popescu: quite the vibrant little community we got here. there's even a manul in a treehouse!
mircea_popescu: actually i think something else is the most interesting property, and sorta too lazyto write blogpost
pankkake: I think predictable money supply is the most interesting property
mircea_popescu: I encourage you to visit the links: the profiles section will help you in your daily worshiping of myself, while the other sections will allow you to experience the productions of some other great minds. However, you will come to the inevitable conclusion that I’m better than all of them combined.
mircea_popescu: This blog is the inalienable property of the greatest mind the universe ever had, and is ever going to have. Its contents are licensed under a Creative Commons License.
mircea_popescu: in theory it should make no difference.
mircea_popescu: but you're right, the only current business of pseudo-bitcoin businesses a la coinbase, bitpay etc is that they're benefiting from a legal inefficiency, where exchanges that admit it are being fucked actively, whereas exchangesd that pretend to be paymernt processors aren't fucked quite as bad quite as yet.
pankkake: I agree the formulation isn't ideal. I mean, what if block reward was 1 BTC forever
mircea_popescu: what the fuck does that mean
mircea_popescu: so you'd have to find 100k blocks or thereabouts to break even
mircea_popescu: o brother.
mircea_popescu: oggnasty : "Valuing these offerings over time in BTC is idiotic..."
mircea_popescu: "A more formalized version of this should be linked/appended to every single IPO offering on the forums as a cautionary tale. "
Namworld: I'll ask dooglus if he can do the same. Jurov or wao can publish both signed text files on the verification page.
pankkake: no, it's the infamous crumbs
dignork: mircea_popescu: irony detector fails me today, the link was about provable timestamping, for you gpg sig on Namworld text
Namworld: 2 strong parties to sign, along with jurov as the owner.
Namworld: Maybe dooglus would be willing to sign the list too.
Namworld: I trust jurov not to lose/have list of secrets compromised. Although list/signatures might need to be updated if Coinroll is sold again to another party or list is compromised.
mircea_popescu: Namworld if you want i can sign it for you. then whoever wants to say you changed it will also have to say i signed a new version.
ThickAsThieves: The BA Registrar & Brokerage House & Auto Parts
mircea_popescu: and also it's a fine example of what'd go into the bitcoin-assets registrar of deeds.
Namworld: No work to do on the user's part, other than verification.
Namworld: That and we don't provide a default client seed, we use the blockchain transaction ID of the last deposit.
mircea_popescu: Namworld a ok nm then, it's quite strong
Namworld: Like JD provides the server's seed hash.
Namworld: Yes, there's a list with months of secrets' hashes provided upfront.
mircea_popescu: Namworld a you also predisclose the hash ?
mircea_popescu: the absolutely ideal system, imo, would be a server that used the same secret for ALL PLAYERS and reset it (for all players) at any player's request. but this poses problems for anon players.
Namworld: There's a single server seed for all users for the day... with its hash predisclosed. It would be pretty much impossible to reasonably find another seed that matches the hash...
mircea_popescu: now, if you know when the hash will have to be revealed, this is possible
mircea_popescu: 1.2 btc bet comes in. server looks at results, A wins, B loses. server picks its hash as B and reconstructs the merkle tree
mircea_popescu: ie, either "A" or "B" would give the 0.1 and 0.2 bets same results.
mircea_popescu: at this point, server is also mining, and knows that hash "B" would also be consistent with the history so far.
pankkake: but maybe I am confused about the grammar
pankkake: I thought about it, and decided "there is" was the correct form, as I am saying "services like this exist"
mircea_popescu: pankkake "Then there is services like" there are.
mircea_popescu: Namworld do you see why the jd "show on request" model is slightly stronger for fairness than the "fixed time disclosure" ?
Namworld: They could steal a few thousands extra BTC on large bets which might not seem too odd until it's too late.
Namworld: It doesn't help much if the system is targetting accounts with large balance and stops cheating after a small sample/when the large balance isn't making large bets.
mircea_popescu: client's last deposit tx is good, and a lot of space in there in the block in case it's needed.
mircea_popescu: the coinroll "end of the day disclosure" method is also acceptable. it may be open to abuse for low volume sites (based on finding hash collisions, much in the same way mining works) but doesn't seem too practical
mircea_popescu: Namworld "No, you wouldn't be able to notice that the website, across all players, has a much higher house edge than 1% which is unlikely. It's easy to fill with fake "lucky" account to compensate " << you could notice it over your own experience.
mircea_popescu: play all the games that meanwhile died, from ancient egypt and fenicia to chemin-du-fer
Namworld: At least there's a large, targeted audience there.
Namworld: mircea, I'll probably just post it on the gambling forum where it is relevant and let people pitch in.
assbot: EPA Employees Told to Stop Pooping in the Hallway - Fedblog - News - GovExec.com
mircea_popescu: 1. Client changes the seed after each new server seed, before every bet. He doesn't know server seed, so seed he provides should give a random number. (Painfully tedious, few actually do it, but for those who do, provably fair.) << prolly a bot that does this would be useful.
Namworld: Re what I was talking about the other day concerning provably fair systems. To be fair, most casinos do the same thing re providing new server seeds after user's seed.
pankkake: another reason I want to switch out of wordpress: writing HTML
pankkake: I have another post coming :D I've deciced against a third by inserting it in the second
mircea_popescu: sorta the confluence of scammer, eloper and developer
ThickAsThieves: think of the WoL Community man
ThickAsThieves: imo it should be in the same window
mircea_popescu: mike_c : add a webirc link to #wol in the page ?
mircea_popescu: and then his address wasn't even on the bet ?
ThickAsThieves: the address i bet from
pankkake: "For the record, a boatload of neckbeards doesn't pay for one single financier. This because tech people actually are humanly inferior to money people. They're less of a person."
ThickAsThieves: you can take the girl out of the lightbulb, but ya cant take the lightbulb outta the girl
rithm: like i can take a few pics and select a theme and boom slideshow
rithm: these new phones are magic
ThickAsThieves: but they have 30
ThickAsThieves: and i emailed asking about gold ones cuz the website says out of stock
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ThickAsThieves: so the Titan coins were loaded like instantly
ThickAsThieves: there's a penalty for polluting rithm
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user rithm: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=rithm | WoT data: http://b-otc.com/vrd?nick=rithm | Rated since: Tue May 6 14:03:45 2014
rithm: mircea_popescu you actually read the logs?
rithm: the camera was drop ship otc trade
mircea_popescu: reading the logs, you bunch have been at this "let's fuck up dns" for a while by now huh
mircea_popescu: give the girl 10k.
mircea_popescu: chetty and then they wonder why i keep saying stupid === poor.
chetty: mircea_popescu, I was amused at the great scientist asking folks to prove a negative :P
pankkake: I'll give 10000 BTC to the first person to disprove the existence of the Space Elephant
mircea_popescu: in other news, want to disprove tardstalk scam of the week ? nobody will give you 10 bitcents if you can ha-ha!
assbot: Want to Disprove Man-Made Climate Change? A Scientist Will Give You $10,000 if You Can | TheBlaze.com
mircea_popescu: and it's worth every penny of the admission fee!
mike_c: so it should be seeds.therealaltcoin.org NS -> foo.therealaltcoin.org and then foo.therealaltcoin.org -> 54.x.x.x?
punkman: "It is important to know that NS records are only responsible for defining the names of DNS servers within a zone, i.e. they do not represent IP addresses,"
davout: mike_c: maybe that's related to using an IP directly as the NS field value, i have no fucking clue :D
davout: meh, i get the same message as you
mike_c: hopefully nobody actually reads the logs.
mircea_popescu: wow they're really massacring nigeria.
mike_c: dig -t A seeds.therealaltcoin.org @54.197.241.190
mircea_popescu: BingoBoingo: thestringpuller: It's a small offering? Or maybe people want shares FIRST!!! << it's tiny, 15 btc total.
davout: mike_c: dig A seeds.therealtcoin.org @54.197.241.190
mircea_popescu: ThickAsThieves there isn't a last price yet.
mike_c: seeds.therealaltcoin.org
davout: mike_c: so you're going to resolve s1.seeds.the...org etc ?
assbot: The round stones beneath the earth... have spoken through the fire.
Apocalyptic: <mike_c> in order for clients to query it, the root domain needs to list my server as a nameserver for seeds.atc // you're sure ?
mike_c: in order for clients to query it, the root domain needs to list my server as a nameserver for seeds.atc
mircea_popescu: ThickAsThieves: maybe thatll be on his grave << what should be on his grave is "I thought I knew shit, because I used to be a shithead. Now I know better, but what's the use, I'm already shitlisted."
jurov: not if one pays another 100% for filing a debt claim
punkman: I can't ping seeds.therealaltcoin.org, does it resolve for someone?
davout: mircea_popescu: yeah, i didn't state the question very explicitly, but i was wondering about the price to pay to bring an extra PH/s to the network, something around 1.25mn is what i found
ThickAsThieves: btw, i do have some .bit domains registered, including bitcoin-assets and therealaltcoin
pankkake: yes, if you have known nodes running… and I don't believe it is the case
mircea_popescu: davout: what's currently the best non-scam mining rig one can buy these days ? << prolly the 3th knc recently delivered
davout: punkman pankkake if what's needed is load balancing, or failover, multiple A records for the same domain would do just fine
punkman: ThickAsThieves: maybe change it to seeds NS ns1.therealtaltcoin.org, then go to the other page and point ns1. to mike's IP
ThickAsThieves: ok well at the moment the screenshot is what it is and will remain so until explicitly instructed
punkman: yeah and other cool features, https://github.com/sipa/bitcoin-seeder
pankkake: seeds. is also resolved by the NS of seeds.
mircea_popescu: punkman re the "no shorter than 5-10 cm above the knee" : does thaat resolve to -5 which is then 5 below the knee ?
mircea_popescu: "you have two problems. the government takes one and gives you a cow. now you have three problems."
pankkake: well despite knowning the thing I have a hard time following the discussion
pankkake: seeds. has to be served by the self updating dns server
mircea_popescu: ahahaha the interpretive dns dance! round robbin! the nut cracker!
pankkake: the "format" for the altcoin client is a DNS reply
mircea_popescu: a second later it comes through they're screaming "goal!1" but that second...
mircea_popescu: i derp about my business, suddenly there's this weird booming echo multivoice
davout: you need a plain old A record for seeds that points to the IP of the server managing the seeds list
davout: well, then you don't need a NS record
davout: ThickAsThieves: so when hitting seeds.therealaltcoins.org, a single server will spit out a list of seeds, in some format for use by the atc client ?
assbot: dns - Can the value for a NS record be an IP address? - Server Fault
ThickAsThieves: i think the plan is to embed this subdomain into the altcoin software, so newbs can get the chain easier
davout: punkman: so the use case is that they're going to be multiple seeds, managed by mike_c like s1.seeds.therealtcoin.org ?
ThickAsThieves: i dont have a problem hosting the seeds myself, if handheld through it
mircea_popescu: this should be interesting, how tat's soup comes out with al lthe asset cooks
davout: why do you need to associate a separate nameserver to the seeds subdomain ?
davout: ThickAsThieves: why do you have the last line ?
assbot: imgur: the simple image sharer
davout: are you hosting the NS server yourself ?
davout: punkman: if you force the nameserver you're cheating!
davout: ThickAsThieves: i assert the contrary
punkman: davout, dig -t ANY seeds.therealaltcoin.org @dns1.registrar-servers.com
davout: ThickAsThieves: what the fuck have you done?
davout: therealaltcoin.org does
davout: seeds.therealaltcoin.org doesn't seem to actually have any name servers defined
mircea_popescu: seeds.therealaltcoin.org. 60INA122.49.204.147
mircea_popescu: seeds.therealaltcoin.org. 40000INNS54.197.241.190.
punkman: I did dig -t ANY seeds.therealaltcoin.org @54.197.241.190
punkman: seeds.therealaltcoin.org. 60INA54.197.241.190
punkman: seeds.therealaltcoin.org. 40000INNS54.197.241.190.
davout: i just check the configs with a "dig A domain.tld @ns.otherdomain.tld"
ThickAsThieves: now i just need confirmation the seeds.therealaltcoin.org is doing what it's supposed to
mircea_popescu: the steaks in my fridge are a bit defunct too!
mircea_popescu: "The get.mp site is a bit defunct as the certificate is expired."
davout: golden rule when fucking with dns : "test after changing the configuration, never before, or you'll be stuck with shit being cached"
ThickAsThieves: considering the only french guy could see it
mircea_popescu: davout no dude he knows remotely the situation of dns in paris
davout: there's no such thing as "the dns for paris" :D
davout: "Paris is the only IP that hasnt updated yet" <<< does not compute
ThickAsThieves: lol davout, incidentally, Paris is the only IP that hasnt updated yet
ThickAsThieves: which i assume is correct, only the root domain doesnt load, for me at least
ThickAsThieves: www is indeed cname'd to root, but @ is pointing to the server IP
davout: i don't really like to keep those around unless i need them because i want to have a domain-dependent behaviour
davout: and if www is CNAME'd to the root you don't need it at all
ThickAsThieves: should i remove the * record then?
davout: yeah, you don't need a * record for the root domain
gribble: Wildcard DNS record - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Wildcard_DNS_record>; How can I set up a catch-all (wildcard) subdomain? (DNS Questions ...: <https://www.namecheap.com/support/knowledgebase/article.aspx/597/46/how-can-i-set-up-a-catchall-wildcard-subdomain>; Is a wildcard CNAME DNS record valid? - Server Fault: (1 more message)
mircea_popescu: no, the * one
ThickAsThieves: the @ one?
ThickAsThieves: it's odd that the www. works but not without it, being that www. is the CNAME
ThickAsThieves: the site loads again now too
ThickAsThieves: the only xfactor is the A records all didnt like a "." at the end of the IP entry, whereas seeds.therealaltcoin.org NS record accepted it
mircea_popescu: curl: (6) Couldn't resolve host 'seeds.therealaltcoin.org'
ThickAsThieves: seeds.therealaltcoin.org seems to be working for Seattle
ThickAsThieves: alright so basically i need to add all the DNS records that were in the host before, to the changed to nameserver, right?
punkman: ThickAsThieves: think you broke it, http://www.therealaltcoin.org/ 400 Bad Request
mike_c: there's only one active GoW at a time. but i do want to add a list of old games, etc.
ThickAsThieves: also the closed games have no timestamps or anything
ThickAsThieves: cuz the pop up disappears when i move mouse
Mats_cd03: i am tired of hearing about theymos
ThickAsThieves: mike_c in the WoL Shares area, why not show first bits like BitBet does?
ThickAsThieves: "bitcoin.org's content is managed by Saïvann Carignan, who is somewhat associated with the Foundation (though not an employee AFAIK), but the bitcoin.org domain name is jointly owned by me, Sirius, and an anonymous person. We will take action if bitcoin.org is being used inappropriately or the development group does something crazy." ~Theymos
Apocalyptic: reditards at their best
ThickAsThieves: i tried to do a lil promo for War of Life on reddit and got deleted, after getting 3 upvotes nonetheless
ThickAsThieves: "Should Nasdaq officials decide to go forward, they likely will move quickly — exchange officials expect to create a regulated platform for bitcoin buyers and sellers in about a year, one source said."
ThickAsThieves: "The twilight of the rule-writing process — expected now in early July — has started internal discussions at Nasdaq about how to take advantage of the currency’s growing popularity, sources said."
ThickAsThieves: "that's the sewage" "oh, shit."
ThickAsThieves: so should i add a nameserver in addition to the NS record?
punkman: TomServo: ns1.therealaltcoin.org is supposed to be the NS for seeds.
TomServo: *** ns1.namecheaphosting.com can't find seeds.therealaltcoin.org: Non-existent domain
mike_c: ThickAsThieves: the point is not for seeds.therealaltcoin.org to show a web page. what should happen when this is working is that it will point to active ATC nodes (which probably aren't running web servers)
punkman: and if you add it manually, then namecheaphosting can't update the IP if it ever changes
ThickAsThieves: but no idea if the seeds subdomain is set up as needed yet
ThickAsThieves: the page loads at least

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