jurov: bitcoinpete: that's question for havelol, not me, if they do s.mg transfers to mpex at all.
benkay: i labored over the sentence for maximum confuse
benkay: and in other, slightly related news, the creator of satoshi dice's daughter died in a plane crash
fluffypony: "giving up the profits of $15,843.98 and paying a penalty of $35,000"
nubbins` gasps at the horror
chetty: yeah, they are tryihng to look busy I guess, got to earn those bonus
nubbins`: "Voorhees agreed to settle the charges by giving up the profits of $15,843.98 and paying a penalty of $35,000."
benkay: sec confirmed to be criminals, prosecuting people who do it all above board over the outright frauds
artifexd: So what are the "reasons that BTC is overwhelmingly white and male"? And why does "it matter"?
nubbins`: see, i understand "check your bitcoin privilege" to have an opposite meaning to the general "check your privilege"
gribble: The operation succeeded.
mike_c: well how the hell are you supposed to know that? it says it's been paid out.
Mats_cd03: mike_c: http://bitbet.us/bet/802/bitcoin-to-drop-under-300-before-june/#b58 i dont see the funds https://blockchain.info/address/17HvePmDqPnKjZ79FrB1yicZPqyxTN4BnR
artifexd: You'd need over 25k shares to cover a 50% arb. There aren't that many shares for sell under .00009 on havelol.
mike_c: artifexd: so where does that leave the shares. owning a share of s.mg on havelock is only worth 50% as much as a share on mpex. crazy, huh. they are way overpricing those havelock shares :)
mike_c: but transferring shares off havelock is prohibitively expensive, which is probably why nobody bothers.
mike_c: well, i don't need anything. just saying there is arbitrage available between havelock smg passthrough and mpex.
gribble: The operation succeeded.
mike_c: does nobody in here have a havelol account? i guess it's not worth picking up the bit-dime in arbitrage.
bitcoinpete: "He said that BitFury is slated to open the world’s largest data center aimed at producing bitcoin near Tbilisi. It will have electric power capacity of 20 megawatts"
assbot: Spook by Adult Jazz on SoundCloud - Hear the worlds sounds
fluffypony: well the other nice thing is the harder it is for people to retrieve their privkeys, the more likely they are to be lost forever
bitcoinpete: and make it so that iphones can carry the full blockchain
fluffypony: Mats_cd03: just letting it run through the recommended tracks is actually pretty awesome, Sound Cloud has gotten better and better for discovering music
fluffypony: I think it's a great idea - your private key is made from your fingerprint. That way if you don't put your finger down *just* right you get a whole new privkey and can't access the old one till you figure out how you put your finger down previously
fluffypony: bitcoinpete: I think I'm the world's worst scammer
bitcoinpete: other than when we "forget to backup"
assbot: 2009 Sidekick data loss - Wikipedia, the free encyclopedia
assbot: Silk Road as a Self-Regulating Black Market | The mlaut
princessnell: also, re silk road, i love it when i beat <3science<3 by a few months: http://theumlaut.com/2013/08/13/silk-road-as-a-self-regulating-black-market/
fluffypony: code has failed in production we'll shut the startup down, start a new one, buy the old one out, and then repeat. We call this Multi Startup Synergistic Prefailure, and it's inspired by the work of Tsukino Usagi.
fluffypony: ok so let me tell you about my new startup: it's going to be a one-click backup service called iWalletBackup. It will let you use Siri via raise-to-talk to back all your wallets up to iCloud. It's being written in Swift and will use mongoDB as a backend. It can scale nearly instantly because it will just fire up new AWS instances on-demand. Our development methodology is fail-fast-fail-often, where we'll write an iteration, and then once that
assbot: Felix Jaehn - Shine (feat. Freddy Verano & Linying) by Felix Jaehn on SoundCloud - Hear the worlds sounds
bitcoinpete: princessnell: from your rt: my wife works in the same field as her dad and my mother works in a related field to hers.
chetty: lean does not have to = stupid. Sadly most of them are.
xmj: mike_c: if he shits on me for stating how other people do (and fail at) it, then yes, that does deserve negative ratings.
mike_c: hm.. all the #b-a blogs should charge the same credits, spend them to read the other blogs, get them when people read your blog. talk about a circle jerk.
Naphex: the new RS7/A7 looks gorgeus
mircea_popescu: And despite people saying "RAID is not a backup"" << "... i classified it as off-site so it is in a sauna somewhere which is the highest security level there is."
mircea_popescu: hey there.
mircea_popescu: <Mats_cd03> i dunno why any of you bother << cause their girlfriends have girlfriends of their own and so they get bored ?
Naphex: was readying the usagi thread
gribble: WARNING: Currently not authenticated. Trust relationship from user pankkake to user usagi: Level 1: -2, Level 2: -3 via 7 connections. Graph: http://b-otc.com/stg?source=pankkake&dest=usagi | WoT data: http://b-otc.com/vrd?nick=usagi | Rated since: Mon Jun 18 12:33:55 2012
fluffypony: Apocalyptic: I'm hoping to join the honoured ranks
Naphex: too bad they can just grab your walletpassphrase from your code lolol
Naphex: "This" makes me seem totally irresponsible. But here's the deal; we had regular, weekly, off-site backups. Even if someone got a hold of the backups they would be unable to take money out of the wallet without the password. And despite people saying "RAID is not a backup""
fluffypony: thestringpuller: "Don't be a "fucking" retard, and watch your language with me." - lol, you have incurred the wrath of usagi!
Naphex: "give him all your money. maybe the next failure could be due to some rats chewing on the cables ??" i lol'd
Naphex: "Actually I have to admit I am a little suprised at the negativity I'm getting over this, it's as if people automatically assume every failure is intentional."
Mats_cd03: i dunno why any of you bother
bitcoinpete: so i've asked him to make his requests public on the comments section of my blog
assbot: Lol funny watching /UsagiMeijin get his eyes pumped shut on the forums. What did he expect? https://t.co/UFbfHZzZqW
bitcoinpete: fluffypony: i got a kick out of those later comments on the bitcointalk thread
chetty: hey lets throw some spagetti at the wall and see if it sticks
xmj: I say it how I've seen it in countless incubators, coworking spaces, and the likes.
xe4l: not very many elite 16 year olds these days
xe4l: Naphex: hm, wonder how they got that access
mircea_popescu: at least usagi & co have the excuse that they insistently make nonsensical claims because their brains don't actually work
chetty: I guess we all could use a refresher every now and then
mircea_popescu: chetty, for some reason benkay figured we need live examples of the ycombinator-and-clones "businessmen" for further lulz.
Apocalyptic: haha, thanks for the link mircea
chetty: oy vey, some of the 'thinking' going on here explains all the recent big data breeches nicely
Naphex: developed using lean mean startup strategy of makeing the website, and hosting the vps on amazon aws
Naphex: to me this sounds exactly like the markting bull in the oldies, where you buy shitty 12$ hosting
mircea_popescu: or how the us turned itself from a world power into a competitor for nigeria.
Apocalyptic: it requires a brain, and it's getting expensive to fond one these days
Naphex: the low level shit
Naphex: i don't get most of the arguments anyway
Apocalyptic: <Naphex> what have this people been brain washed to do // kinda been wondering the same
mircea_popescu: or to put it in another perpsective, if you're in any hurry either your product isn't in a good enough market or your financial structure is shit.
xe4l: so you can start tuning the product
mircea_popescu: xe4l, what's the rush anyway.
xe4l: sadly, as much as is I love building the perfect thing on the first go, it's not terribly pheasable unless it's a b2b business
xe4l: the startup strategy I'm the most fond of at this point is to get the MVP out the door asap so your customers can begin to use your product
xmj: 75% of the startups I know run off AWS.
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user joesmoe: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=joesmoe | WoT data: http://b-otc.com/vrd?nick=joesmoe | Rated since: Tue Mar 12 17:07:21 2013
mircea_popescu: i dunno why you think you're entitled to put forth that nonsense in the company of adults, but don't.
xmj: Naphex: no, thoughts like that right in the beginning are expensive, spin up two-three VPS until you have a customer base to warrant and pay for those thoughts.
pankkake: jurov: but that's the spirit of open source! :)
Naphex: <+mircea_popescu> Naphex: most of their customers are banks, and all kinds of srsfolk << that made my uvula bleed. when did banks become technologically apt omfg. << Maybe but they can pick good datacenters ;]
mircea_popescu: xe4l, does that mean all the women or what ?
xe4l works with the people that previously worked at github
Naphex: picking hardware to run your shit should be one of the first steps
Naphex: xmj: hey distracted, since when do you do high level apps, and not think about the hardware they are running or the performance you want to get out of it
xe4l: github actually has a decent setup these days
mircea_popescu: the universe where a heroic twentysomething starts leinterwebs bizniss is a very interesting fictional metaverse. we revel in retelling the stories of adventure and glory much like some women enjoy watching telenovellas.
jurov: xmj, you should praise github then
xmj: mircea_popescu: then that's just you doing it very very wrong as those shouldn't be part of your business in the beginning.
xmj: mircea_popescu: if you do a startup, with an idea in mind -- highlevel one -- and let yourself get distracted by hardware/network issues right in the beginning
pankkake: by bank can't even configure their ssl properly
mircea_popescu: pankkake: do romanians pronounce cloud in funny ways too? << cloud in romanian sounds pretty much like duncan mcloud from the clan mcloud.
mircea_popescu: Naphex: most of their customers are banks, and all kinds of srsfolk << that made my uvula bleed. when did banks become technologically apt omfg.
mircea_popescu: neither does jurov.
xmj: there you are
xmj: mircea_popescu: if your girlfriend doesn't, then you're doing it wrong.
mircea_popescu: jurov: upo thread of expulsion from the dc << what shitcenter was this ?
jurov: but physical hw doesn't "just work" neither anymore
pankkake: indeed, cars used to be cool and got you the girls
fluffypony: "Q: Sometimes I get redirected to another site called “organicmoneyfarm”, what the?" LOL!!
mircea_popescu: xe4l: can always get a cage at EQ and swap the locks out << actually most midrange dcs don't let you swap locks out
fluffypony: jurov: ponies have never been cool, I'm the eternal hipster
mircea_popescu: all the fucking buttons are in unexpected places.
pankkake: reverse seems to be the only non standard thing in cars
jurov: had to read the manual for 10mins
mircea_popescu: i wonder what % of github traffic can actually boot a physical machine in any arbitrary os provided they get the distro.
fluffypony: and they're like "FUD! FUD!"
fluffypony: yes them
fluffypony: or is that the X11coin crowd
fluffypony: OH they keep throwing that out
mircea_popescu: like "But was it <a href=http://trilema.com/2014/robert-keith-cristopher-jr-matt-sartain-kristian-thomson-cryptorush-much-comedy-lulzgoldmine/>built from the ground up with security in mind</a> ?"
mircea_popescu: fluffypony, give them a link to that team of muppets, lemme find it
jurov: mircea_popescu: it's kinda reverse of the schema of mpex proxies you have posted
mircea_popescu: i don't tend to spy on allies (unlike the us, let it be pointed out) and so i guess that's one thing to look forward to once he's extradited
mircea_popescu: jurov: so i had to hide them behind some layers... and using physical machines for all of them whould prohibitively expensive << actually the one secret in all of btc i;m most curious about is the complete schematics of the rat's nest jurov no doubt built.
mircea_popescu: fluffypony, what i like is how "a core dev" is dropping the use of his actual name.
mircea_popescu: and even if you do make it huge, the ops will just start charging you for THEIR carry capacity, which you've now made a scarce resource through your managerial incompetence)
fluffypony: Darkcoin fanbois eventually back down when cornered and admit there's no cryptographic grounding: http://www.reddit.com/r/Bitcoin/comments/2751e8/psa_dont_fall_for_darkcoins_deceiving_marketing/chxy4wv?context=5
mircea_popescu: (you must offer equal capacity, which has a carrying cost on the books
mircea_popescu: pankkake, economics are economics. i get that the large peering networks mostly peer for free, but that "free" is a hidden cost
pankkake: ovh really did have infinite bandwidth but they were apparently looking for it
mircea_popescu: fluffypony: I'll be writing them in Swift << and in a little while you can be known as rapedpony
mircea_popescu: *: Naphex recommends using dedicated servers instead of virtual anything. << im with him jurov. i would guess all the romanianz on the internet are with us. which means YOU ARE IN THE MINORITY. all of youse.
mircea_popescu: why in the hell.
mircea_popescu: fluffypony, basically "the cloud" is just the new marketing gimmick, used to be "unmetered access shared servers" in 2004
fluffypony: so now if I need something like that I just fire up http://www.baremetalcloud.com and pay by the hour for a dedicated box to do the work
fluffypony: xe4l: last year I had to reindex a large database table (a necessary evil occasionally). I thought to offload it to a VPS provider, Linode or DigitalOcean or someone, so as to avoid needing to choke my db server. Needless to say, 12 hours in they shitcanned the VPS slice because of "excessive resource usage".
xe4l: I doubt theres a single site in the alexa top 250 that runs purely off of cloud without basically purchasing the equiv of a physical box, eg: AWS provisioned vps
xe4l: agreed, but that's not the use case of virtual servers really
mircea_popescu: am i the only one that most enjoys writing dismissal letters of all the letter types there are ?
xe4l: there are quite a few inexpensive cloud providers
fluffypony: costs me the same as a dedi box
fluffypony: my biggest gripe with the cloud
Naphex: and run them up and down
Naphex: most of their customers are banks, and all kinds of srsfolk
Naphex: but i still doubt they sell any cloud
pankkake: but do they have clouds?
Naphex: i am very happy with my dc, they have everything <3
xe4l: Naphex: maybe if your dealing with bottom rate providers, why not build your own edge instead of using whatever blended they have
Naphex: a dc should have proper ddos mitigations, and solutions for ddos/dos. and the worst case scenario they should cut your upstream
jurov: upo thread of expulsion from the dc
jurov: Naphex you do everything properly and they you get forced to surrender ssl cert to cloudflare anyway
Naphex: yes the webdevel generation
Naphex: who just want to run their shit without every thinking about anything
xe4l: The trick is to have your dynamic capacity all on the cloud and use the hardware for things requring a high degree of trust
Naphex: xmj: if you pick good hardware and balance rightly there is not that much maintainance
xe4l: can always get a cage at EQ and swap the locks out
Naphex: so you better make sure if its serious you pick a very good datacenter, with protection and other several high profile customers
xmj: Naphex: I like owned hardware. Co-location and self-owning is factually less expensive. but you'll have to maintain the hardware, which can suck.
Naphex: but having datacenters with qualified professinals and an actuall account manger. + guarded access to the datacenter
xe4l: otherwise an EQ or whatever is equally good
xe4l: I dont't understand the need for special datacenters
jurov: xmj i'm still pretty much in the beginning, so far it seems saltstack has more fitting primitives
xmj: jurov: as long as they have python installed, no problem
jurov: so i had to hide them behind some layers... and using physical machines for all of them whould prohibitively expensive
jurov: and they must be online
jurov: well, since the part(s) running mpexagent is/are at physically hardly accessible place
Naphex: well, it shouldn't be down in the first place
jurov: but it has some sweet upsides, part of coinbr infrastructure is down all the time, i can fix it later when I have the time
jurov: xmj when on every machine is potentially different distro, and even roles of the machines are different?
Naphex: http://regmedia.co.uk/2014/06/02/swift_benchmark.jpg i like it how they beat python in it trololol
Naphex: "Objective-C without the baggage of C."
fluffypony: although I hear mongoDB is the best database because even CoinBase uses it
Naphex: then snapshot that and use it to clone servers
fluffypony: I'll be writing them in Swift
Naphex: you can even skip thinking that anything stored there is secure. cause everything is available to the hypervisor and who runs it
pankkake: because it's THE CLOUD
pankkake: http://news.slashdot.org/story/14/06/03/0312232/seattle-approves-15-per-hour-minimum-wage notice the clever trick… it will be in 2021
BingoBoingo: benkay With any luck you were looking at someone's best efforts to spoil any money they might have already spent on lawyers.
benkay: <BingoBoingo> https://bitcointalk.org/index.php?action=profile;u=1707;sa=showPosts // what the fuck am i looking
gribble: The operation succeeded.
mircea_popescu: ;;later tell decimation mihaib sounds like quite the romanian name
decimation: I prefer to keep the lower frequency EM fields around my house pure, so I can receive shortwave well
decimation: re: dataflow: I've been browsing the academic papers on "dataflow" computers. Most of them are crazy "C machine" and "Dataflow sidecar" hybrids. Makes as much sense as putting a massive aircraft engine in a car: www.youtube.com/watch?v=wJn7LHE83cc
asciilifeform: decimation: they're typically guaranteed for 25 years or so. get a used box with clear conscience.
decimation: yeah, that's the kind of device where you want to shop "ebay local"
asciilifeform: quite a few of the units you'll find on 'ebay' are labeled 'minicomputer transformer.' so, i imagine they were shipped with pdp and vax.
decimation: I'm interested in the lightning suppression, I live in a lightning-prone area and I want to take precautions against harm. I'm not convinced by the "protect" LED in cheapass MOV devices
asciilifeform: decimation: your mains step-down transformer would also be quite audible if you were to take it off the pole and bring it in your living room.
asciilifeform: decimation: it is very, very well known among computer users. behind the 'iron curtain.'
decimation: the 'trick' is the airgapped shunt that causes the secondary to saturate, thus causing the output voltage to remain in a narrow range. It's interesting to me that this has been known since 1940, is ideal for computers, and is apparently mostly unknown amoung computer users
kakobrekla: other things but 'new' attracted me, but whatever.
asciilifeform: author started by pissing all over every single advance in the history of the language - starting with lexical scope, moving on to compiler, etc
decimation: before the transformer I presume?
decimation: I might have to go find one of my own, if they are available for cheap.
decimation: asciilifeform: after reading that chapter, it appears that ferroresonant transformers help with voltage regulation, suppressing harmonics and transients, as well as riding through nasty undervolt conditions (that kill switching power supplies). They aren't very helpful for momentary outages, as you have said.
decimation: asciilifeform: re: cvt: interesting. It seems to me that saturating the secondary would clip the output waveform, precautions must have been taken to prevent this
chairforce1: the markets are irrational
chairforce1: yes there has been blood
chairforce1: buy little bits here and there
BingoBoingo: I guess that's fair, there's been a lot of blood
chairforce1: the who industry
chairforce1: how many r in the pipeline?
benkay: of the software-y and app-y nature
BingoBoingo: "This bait and switch defense procurement situation, one that has become eerily circular in nature, is a much larger threat to national security then uneducated men in mud huts with AK-47s. A foe which we have spent trillions targeting and killing for over the last decade with little to show for it." http://aviationintel.com/disgrace-navys-f-35b-carrier/
assbot: hb001 Constant Voltage Transformer (CVT) introduction - the perfect sine wave
asciilifeform: decimation: http://www.aelgroup.co.uk/hb/hb001.htm << good basic summary of the concept
asciilifeform: decimation: How does the circuit maintain its nolinear resonance with variable load << naturally, this is possible only within rated limit of a particular machine.
decimation: asciilieform re: transformer isn't nonlinear resonance something to be avoided? How does the circuit maintain its nolinear resonance with variable load conditions.
decimation: asciilifeform re: truecrypt audit >> it is indeed old news, but I didn't see the point emphasized on the channel
assbot: Winklevoss Twins Buying Giant $14.5 Million Penthouse... Together?
mircea_popescu: part of the reason why i took him of nav pricing
BingoBoingo: I'm still wondering how I might do that, but there are ideas.
mircea_popescu: and making history and all that jazz all the derps claim
mircea_popescu: once bb's pot increases significantly i'll bug him to do something similar, but for now a small wildcard is all the spritz needed
mircea_popescu: dude is it great that these aren't related and so p2 can cover p4 etc
mike_c: she won, but it didn't cover the small hedge
dub: Use Caution: This will zero (0) the balance of your wallet and cannot be reversed. Please be absolutely sure you want to do this before you confirm.
mircea_popescu: Reached by phone Monday afternoon, Slaughter was unaware of Kander's news release but said it must have been part of a settlement his lawyers were working on with the office. He said he also expects to have to pay a fine.
asciilifeform: mircea_popescu: the usual reply of audience is 'why ought we give $bignum to you and not the 9,999 other wankers'
mircea_popescu: BingoBoingo: benkay: Are they supposing I want to fuck a hurricaine? << imagine the suction.
asciilifeform: mircea_popescu: why would you phrase it that stupidly << the answer is, because i haven't the titanic brain that would be needed to come up with a 'smart' way to phrase it. so generally i don't bring the subject up, unless asked first. 'basic research' is a fundamentally... unreasonable proposition from the ROI standpoint. i'm not particularly good at justifying unreasonable things.
mircea_popescu: jurov: i move for moiety to call them, ask about mpex and report for lulz << carried. moiety plz to call and ask
mircea_popescu: asciilifeform: re: kickstarter: lol. suggested experiment: open a kickstart, with the headline 'pay my living expense for 20 years. in the end, you might get a useful gizmo if i live that long.' << you're making jurov's argument for him tho.
mircea_popescu: there are reasons a good manager is worth more than a good anything.
kakobrekla: and afaik bs did another audit recently, where it shows they have less btc in books t han in the last one
kakobrekla: where else sheep gonna go? bitstamp is fucking them too directly.
kakobrekla: but i honestly believe they are getting traffic
mike_c: i am recalling. soon gox2 will arise with their stolen code and they can compete on even footing.
mircea_popescu: you recall, these are those derps.
kakobrekla: i think its cause they do leverage and report those numbers ?