mircea_popescu: i don't do it personally, and the mods just get to have fun. i hold no particular audit of their success. i guess some try to beat the game or w/e, i personally don't care, and that's where the incentive structure starts.
mircea_popescu: there's no corectness involved, bitbet doesn't make any effort whatsoever to split the seed correctly.
mircea_popescu: asciilifeform: for skeptics: usa is the country where they burned trainloads of grain during 'great depression' - to keep prices high << actiually the entire "steal thje gold" 1930 thing was specifically and declaredly destined to "increase grai nprices"
punkman: considering a 10-way or 30-way bet, that is sure more work for bitbet mods to seed correctly. So I guess we won't see multibets until there's just too many single bets covering the same events
mircea_popescu: calculating the odds becomes more complicated. also, "nobody" bets on a winner is impossible, bitbet seeds all bets.
punkman: also a hypothetical, if you have a multibet and nobody bets on the winner, would the house take it?
punkman: mircea_popescu: so what's the mindfuck with multi bets? I feel more mindfucked by trying to find N related bets
mircea_popescu: <mike_c> maybe they would do well as a bitbet affiliate << worth a shot.
punkman: how the fuck do you do parimutuel spread bets?
punkman: tried the logs for previous discussion but couldn't locate
mike_c: maybe they would do well as a bitbet affiliate
punkman: yeah because when you got a working gambling operation, you want to send people to other places
mike_c: in other words, ads.
dub: 20 minutes is litecoin territory, theres at least 8 hours sleep between my blocks
davout: i'll find my way to the door
dub: next, the first double spent virginity?
gribble: The expected time between blocks taking 1 hour and 0 seconds to generate is 1 week, 6 days, 21 hours, 13 minutes, and 54 seconds
davout: paying for sex with bitcoin is ok as long as you're not done before the transaction has confirmed
mike_c: including the part where he lost his virginity
mircea_popescu: bitcoin is not pouring me another drink
mircea_popescu: how to fix these too.
mike_c: but how do we fix bitcoin when the aliens come?
mircea_popescu: moiety: this stupid slenderman crap is going to be made into some crap film at some point, wont it << if the us weren't out of money, it would habve been.
punkman: oh there ;)
punkman: ECDSA is what btc uses, ECDH is another thing
diametric: i wonder if they implement captcha or ip banning on multiple failed attempts
diametric: the best of pins.
diametric: fluffypony: yeah. xapo authentication is your email + 4 digit "pin"
mircea_popescu: Apocalyptic, "in the general case" versus "in any practical case"
Naphex: enjoying the read
mircea_popescu: not that the result is unimportant, obv.
mircea_popescu: none of these considerations are wide berth issues such as bach's.
mircea_popescu: Apocalyptic, the question is more subtle than that. perhaps a better rendering would be "which of rsa, ec is more likely to have tiny pores we don't kjnow about"
Apocalyptic: Bach proves: 1) If you can compute log. modulo $N$, you can factor $N$ 2) If you can factor $N$ and compute logs modulo each factor, then you can compute logs. modulo $N$
Naphex: they can optimize but have errors
mike_c: Apocalyptic: there are also considerations around which curve you use. i believe certain curves are known to be weak.
Naphex: picking out the good from the bad should be a skill everyone has, but that ain't gonna happen
mircea_popescu: the problem with commodization is that it destroys quality.
Naphex: maybe as an experiment, who knows the benefit
mircea_popescu: Naphex, i don't really perceive the benefit.
Apocalyptic: is this the question "is the discrete logarithm problem as hard as the factorization problem" ?
Apocalyptic: "nobody fucking knpows if this is true, this is the mn dollar question in practical cryptography." wait
BingoBoingo: I imagine a cycle stabilizing where MP shames securities scammer, SEC scoops them up months later.
mircea_popescu: mike_c: asciilifeform: do you know if this is true? "EC-based keys are just as secure as RSA keypairs" << nobody fucking knpows if this is true, this is the mn dollar question in practical cryptography.
BingoBoingo: I thought settling with Erik over GLBSE shennanigans was helping, they have quite the backlog of stuff to catch up on... Gigavps, Thermos, et al..
gribble: The operation succeeded.
mircea_popescu: ;;later tell Phinnaeus: I'm curious as to when Micrea had that pic taken where he's in front of the pyramid on a horse. << 2003 iirc.
mircea_popescu: nao if only the sec would be making more definite steps towards halping
Naphex: the question is, how long before you stop recognizing everyone
mircea_popescu: usagi hotwallet method:to a hot array of failing hard disks is added a bitcoin wallet, and all backups. Hotter coffee is added splashwise until the hot wallet becomes cold. << ahahaha SPLASHWISE!
mircea_popescu: i also wonder how long before i'll be the oldest guy in bitcoin, between people pulling the satoshi melt-in-mists trick on one hand and the 5years up to your room erik trick
BingoBoingo: That's the fifty cent question
mircea_popescu: BingoBoingo: asciilifeform: You also have to understand. Of the relatively early Bitcoiners MP is practically a saint. << i thought i had a bad reputation.
mircea_popescu: asciilifeform, http://log.bitcoin-assets.com/?date=04-06-2014#701006 <<< ahahaha the great spammor.
Naphex: so what language are you speaking over there though?
mircea_popescu: as every other fucking day
mircea_popescu: anyway, there's a mega band thing with drums and butt shakings marching down the street
mircea_popescu: Naphex, either that or just incredibly lazy.
mircea_popescu: these argentines are a muy festive people.
fluffypony: More near computer illiterate people like be are going to be buying BTC, and Coinbase seems like the safer and simpler option."
fluffypony: 4. print private key and public key, but not semi-private key. Laminate printed copies and store in a vault along with 3 of the 4 USB drives. But be sure not to run EFkjlwef foeropwerk.
fluffypony: "I know most of you scoff at the idea of storing BTC on Coinbase, but I am not nearly as technologically inclined as most of you. Each storage suggestion I read looks to me like this:
mircea_popescu: nubbins`: mp tells the sec to get stuffed, they shrug and then do exactly that << what did you expect'd happen ? a bureaucrat is perhaps the finest detector of who has the bigger stick in existence.
mircea_popescu: nubbins`: BingoBoingo: i actually had wondered why $15k plus damages -- didn't realize until you pointed out that they didn't touch s.dice << yeah, funny how that worked huh.
mircea_popescu: asciilifeform: BingoBoingo: the buggers' traditional defense is to pretend that the event was a non-event - or, if this is impractical, to continue living in an imaginary world where they 'scooped' the story first, and all of the 'unsanctioned' discussion never happened. << pretty much. a dangerous gambit, of course, as the world also goes about its business scarcely taking notice of their efforts.
mircea_popescu: BingoBoingo: asciilifeform: It isn't that there is benefit derived from it. It is that when we can beat the Coindesks to the aggregators, it injures them in ways only they can rationalize. << wow that's an unexpected point.
BingoBoingo: Large underground workspace with elevator apparatus capable of lifing vehicles, the industrial uses are endless
BingoBoingo: mircea_popescu: Still, would be a nice "workshop" setup if the location was better
mircea_popescu: BingoBoingo, entirely worthless in the us tho.
BingoBoingo: "The 14-acre site includes 3 underground concrete bunkers, each approximately 68 x 76 and 18 deep with 1010+- ceiling clearance. The 3 bunkers have 96 x 53'8 elevator pads which are operational."
fluffypony: ah, got excited about Nike's diversification program there for a moment
mircea_popescu: the log one.
mircea_popescu: Daniel_Krawisz, also, the entire length of endless discussion to date is to be found in
gribble: Using bitcoin-otc - bitcoin-otc wiki: <http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc>; Beginners Guide - bitcoin-otc wiki: <http://wiki.bitcoin-otc.com/wiki/Beginners_Guide>; GPG authentication - bitcoin-otc wiki: <http://wiki.bitcoin-otc.com/wiki/GPG_authentication>
Daniel_Krawisz: How do I get in the GPG database?
mircea_popescu: gotta make one of those, then you can auto voice yourself.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user Daniel_Krawisz: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=Daniel_Krawisz | WoT data: http://b-otc.com/vrd?nick=Daniel_Krawisz | Rated since: never
mircea_popescu: of all the people one can remind of...
Daniel_Krawisz: Thanks, I loved your thingy about the critical theory doctorates who had to clean the bus with their tits. It reminded me of Rabelais.
mircea_popescu: pretty much the same concept.
gribble: The psychology of the bagholder pe Trilema - Un blog de Mircea ...: <http://trilema.com/2014/the-psychology-of-the-bagholder/>; Martie 2014 pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/2014/03>; Current Market Psychology... : BitcoinMarkets - Reddit: <http://www.reddit.com/r/BitcoinMarkets/comments/1t25uo/current_market_psychology/>
Daniel_Krawisz: I was the person quoted in the Forbes.com article on MaidSafeCoin if that's the quote you meant.
BingoBoingo: Daniel_Krawisz: He's the resident deviant
assbot: Open defecation solves the child mortality puzzle among Indian Muslims | Ars Technica
BingoBoingo: http://arstechnica.com/science/2014/06/open-defecation-solves-the-child-mortality-puzzle-among-indian-muslims/
asciilifeform: ^ first saw that one on orlov's page. i think he's friends with the artist.
assbot: imgur: the simple image sharer
mircea_popescu: dub: similar(ly stupid) ideas about spending them after fiat collapses as metals probably, libertardation << seems credible. some sort of fetishism.
mircea_popescu: zee germanz never actually managed to figure out navajo did they
chetty: Last of the original Navajo Code Talkers, Chester Nez, died today at 93
mircea_popescu: soon it will start controlloing the price of electricity.
Mats_cd03: yes. the men wear tight pants
Apocalyptic: there was this "maladie de la vache folle" hype in french media a couple of years back
asciilifeform: about the size of a breadbox.
assbot: imgur: the simple image sharer
mircea_popescu: moiety: ok i'll try and work it in << lol don't let these goons talk you into absolutely anything. you're a nice girl, but they need their spanking
gribble: The operation succeeded.
mircea_popescu: fluffypony: that is my new favourite quote << it's pretty acurate. the guy should be here, invite him.
mircea_popescu: (this is arcana, but from what i understand no agency with enforcing capacity is allowed to mention specifically any company outside of the context of bringing charges)
mircea_popescu: i dont tihnk they're allowed to.
BingoBoingo: mircea_popescu: Because they didn't make it explicit
BingoBoingo: PC1 will have to resort to selling Doge pelts to the chinese
mircea_popescu: BingoBoingo: I still can't believe the SEC implicitly offered MPEx such a glowing endorsement today. << whay not.
BingoBoingo: OMG Mircea spilled the sekrits
mircea_popescu: the max 400% increase rule suddenly is very smart.
mircea_popescu: mike_c, ah, this is actually +ev because it allows them to select when to mine huh
mircea_popescu: assbot: The First 'Bitcoin 2.0' Kickstarter-like Campaign Was A Wildly Successful $7 Million Disaster - Forbes << a good title for once.
mircea_popescu: jurov: let's skip to the part where bitcoiners have personal drivers << you're trying to go back in time to 1995 so that you can work hard for 20 years, save a nd buy many bitcoin pizzas in 2010 ?
mircea_popescu: it also varies a lot by where in the country.
mircea_popescu: asciilifeform, that's quite complex because of the multi layered social support systems htey use
mircea_popescu: argentina is a country with twice the population and three times the gdp of romania.
mircea_popescu: THEY ARE WORNGK
asciilifeform: tiny motorcycles. what's petrol cost over there ?
pankkake: why can't we send steaks over the internet yet?
mircea_popescu: many regulars got their little offering in that article.
mircea_popescu: and most of their oil drilling eq is ro made.
mircea_popescu: to this day you can see logan on the streets here (tho the renault assholes are branding it aqs renault not dacia)
mircea_popescu: Naphex, romania had major ties to argentina, going all the way back to peron's days.
mircea_popescu: apparently not even reddit takes kindly to erik these days.
mircea_popescu: "Seriously? You should have taken those bastards to court. They have no jurisdiction. All you have done is pave the way for them to blackmail others in the future. I hope you're proud of yourself."
fluffypony: right next to the Tsukino Usagi Center For Kids Who Can'T Backup Good And Want To Learn To Do Other Things Good Too
mircea_popescu: dude it must be crazy to live in there.
pankkake: when shaved I have a tendency to attract the gay. hard fail on "little or no body hair, and no facial hair"
assbot: Twink (gay slang) - Wikipedia, the free encyclopedia
mircea_popescu: more consumers is pretty much the least needed thing, above more plastic containers even.
mircea_popescu: princessnell: i used to think to myself "well, these women are at least promoting the tech in a way that other women can understand." but they're only thinking of it as a consumption tool, which is worse than doing nothing at all. << by george, nell got it exactly.
mircea_popescu: TomServo: wasn't there a wife too? << yeah lol. she wanted me to not condescend her.
Naphex: i don't see much interest in xrp anyway and all the news i bet didn't help
Naphex: i don't care about ripple, but kept noticing it and wondered if they pump the volume on exchanges that accept XRP or what
Naphex: and its consistently higher then BTCEUR
Naphex: mike_c: their BTCEUR volume is 12
mircea_popescu: a) it myust be 1024 wide ; b) i don't own the copyright
mircea_popescu: they're in a rotation, it'll come back eventually.
Naphex: so yeah maybe proof of work is the future future
Naphex: someone should give that to the presses to annoy all silver/gold/money bugs
Naphex: so.. if the difficulty adjusts itself to do sha256 for 10 minutes, isn't bitcoin backed by TIME?
mircea_popescu: alternatively, most of them can't read trilema because it is painful.
Naphex: i wonder all the people who think you don't exist or are some anon troll, who do they think you place on the header pictures?:)
Naphex: staring down the crowd
mircea_popescu: btw, what's anyone think of the new trilema header ?
mircea_popescu: yoiu don't understand the knowledge.
asciilifeform: 'Once there was The PeopleTerror gave it birth; Once there was The People and it made a Hell of Earth. Earth arose and crushed it. Listen, O ye slain! Once there was The Peopleit shall never be again!' - mr k
assbot: Valcambi CombiBar - The New Gold Standard in Gold - YouTube
mircea_popescu: of course the lord made gold money.
Naphex: "and gold wouldn't have ever value if the people wouldn't have done that, but bitcoin has no value":o
Naphex: on the value of bitcoin
asciilifeform: i do wonder as to the objective: poor lamer knocks on the door, invited for tea, vivisected ?
asciilifeform: i must confess, didn't knock on the door of the wagen, didn't see if one was installed.
gribble: News - hestengen-dressage.dk: <http://hestengen-dressage.dk/GB/News.aspx?accb0da0bb1511df851a0800200c9a67=1&newsId=63&backText=Return>; The six best fitness apps :: Men's Health: <http://www.menshealth.co.uk/living/gear/the-six-best-fitness-apps>; Croatian Aristocracy: Royals: <http://croatianaristocracy.blogspot.com/2000/10/royals.html?showComment=1401659913886>
mircea_popescu: ;;google symbian, the machine that'll fuck any fatty.
asciilifeform: mircea_popescu: symbian, the dumbphone os ?
mircea_popescu: bitstein, can you translate for the slow ?
asciilifeform: a few days ago, i take an evening walk, see the place - no wikiwagen, the other (unmarked) bus on the grounds also gone, two women poking at what looks like the remains of a ruined bicycle.
gribble: The operation succeeded.
asciilifeform: poor woman, seems like the shitter in the van doesn't work. there's a portable latrine on the grounds.
punkman: so they are into god now?
punkman: "God has appointed Anonymous and WikiLeaks to reveal the truth and Occupy to guard it. John 8:32"
assbot: Anonymous is engaged in battle for truth over evil Christine Ann Sands - News - World - The Voice of Russia: News, Breaking news, Politics, Economics, Business, Russia, International current events, Expert opinion, podcasts, Video
asciilifeform: in unrelated news, the wikiwagen seems to have vanished from the vacant lot it lived in, on my street. not long after i last mentioned it here.
Naphex: forgot the quotes
mircea_popescu: o noes, what do they charge now ?
mircea_popescu: - Migrate to any other exchange.
mircea_popescu: asciilifeform, no see, they'd have had to read to know that. like, books
asciilifeform: mircea_popescu: bitcoinnoether?
mircea_popescu: im sure some grandmother musta fucked a nigger at some point, what's this.
mike_c: then you got some of that blood in you somewhere
mike_c: nobody can tell other races apart. your brain is wired from childhood to be sensitive to distinctions in your own race's facial features.
mircea_popescu: (can you tell them apart ?)
mircea_popescu: "I'm the owner Hedge Fund BTC list today in BitcoinBourse ticker HFB and Hedge Fund LTC list today in LitecoinInvest ticker HFLTC. Today BitcoinBourse change terms for merchants. I consider than are unacceptables."
mike_c: only ever other season
mircea_popescu: and so that's the gripe with patriarchy : it gave it easy to guys. there we go, i now understand 4th wave feminism.
mircea_popescu: i guess since there are no famous or remarkable women in history, women can't do the same thing. wtf is bitcoinmarymagdalene.
mircea_popescu: at least derpy guys understand that bitcoinman doesn't work, so they go for bitcoinjezuz instead
mircea_popescu: or, "i'm the woman with pete"
mircea_popescu: "The SECs investigation was conducted by Daphna A. Waxman, Daphne P. Downes, and Philip R. Moustakis of the New York Regional Office. Ms Waxman's contribution was particularly unimpressive; she has left the SEC to pursue other ventures." << wtf that's a quote ?!
asciilifeform: there used to be surplus 'lahti' (finland) on u.s. market
mircea_popescu: nubbins`: if she got it, she wouldn't work for motherboard << isn't this sexist ? shouldn't it be fatherboard ?
gribble: .700 Nitro Express - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/.700_Nitro_Express>; 700 Nitro Express - YouTube: <http://www.youtube.com/watch?v=D41NYBHkb9M>; Cameron fires the .700 Nitro Express - YouTube: <http://www.youtube.com/watch?v=EsTKFnThh6Q>
assbot: The .577 Tyrannosaur | Shall Not Be Questioned
fluffypony: should I give him the support number and tell him he can phone to learn how to IPO?
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user ronkrt: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=ronkrt | WoT data: http://b-otc.com/vrd?nick=ronkrt | Rated since: Mon Jun 2 03:02:14 2014
mircea_popescu: this chan will be known in retrospect mostly by the abundance and insistence of heresy
fluffypony: mike_c: you'll be pleased to know that I'm sticking to my iPhone, and will probably be getting the iPhone 6 when it comes out
asciilifeform: reminds me of another peculiar american small arm, often seen in catalogues - the pocket m16.
asciilifeform: 'eagle', as i understand, is among the more impractical small arms ever sold
gribble: Desert Eagle, .50 AE, Black - Magnum Research, Inc.: <http://www.magnumresearch.com/firearms/magnum-research-desert-eagle-50-ae-black.asp>; Desert Eagle .50 Cal One Handed - YouTube: <http://www.youtube.com/watch?v=iVuRLztDljY>; My Wife -vs- the Desert Eagle .50 - YouTube: <http://www.youtube.com/watch?v=dFJjaj7pXsA>
mircea_popescu: ;;google Desert Eagle which is a .5 hand cannon designed for shooting the idiots that made this mess, gold plated
gabriel_laddel: mike_c: yo: http://psychology.uwo.ca/faculty/rushtonpdfs/2008%20Med%20Hypotheses.pdf
asciilifeform: 'some learn from book; others, from example; the rest must piss on the electric fence personally'
Naphex: why bother
pankkake: if it's on a virtual instance, you can just inspect the memory
Naphex: cause you can get they key
mircea_popescu: this was before wallets were encrypted by the reference client
mircea_popescu: and linode first lied about it, then offered people a 1 month free coupon
mircea_popescu: kakobrekla, nah you recall the breach when a linode emplooyee just ran off with th ewallets
mircea_popescu: nubbins`: "the sec is pleased to announce that it suffered a net loss of only $150,000 in securing mr voorhees' conviction" << it wasn't a conviction. more like "the sec spent 150k for bitcoin people to go "here's a dime go buy something nice for yourself and stfu""
mike_c: the answer to everything is bitcoinica :)
pankkake: another "wtf are those kids doing" moment
pankkake: I remember and I had 0 bitcoins at the time even
mircea_popescu: for that matter, am i the only one old enough to remember the reason we don't use linode ?
mircea_popescu: Naphex, you saw the earlier lines from asciilifeform ? bitcoin.zip etc
mircea_popescu: * asciilifeform was doing actual work, to his misfortune, must've missed all the good stuff here << we'll get the cardano once b-a becomes boring
Naphex: and tell customers they're secure
asciilifeform was doing actual work, to his misfortune, must've missed all the good stuff here
Naphex: what do i care about their co's
mike_c: xmj: what percentage of these companies fail?
asciilifeform: wait was someone seriously arguing for the merits of 'cloud' crapola ?!
xmj: ask their COOs
xmj: in other words.. don't ask me
xmj: Naphex: because it's not part of the "core business" and you don't get seed-funded to do that.