artifexd: AM almost has gen 3 ready so the difficulty will probably start spiking again in a month or two.
mrstickball: if you weren't seeing 20% diff increases every 10-12 days... it'd be very easy to ROI. But the ASIC arms race is only now starting to slow
mrstickball: but I'd say the catch is if difficulty slows down, you'd be good
fluffypony: you'd be surprised at the number of old BFL ASICs still selling on eBay
mrstickball: I may drop the price a bunch and just throw 'em out
fluffypony: TestingUnoDosTre: I think the point is to mine, pay electricity out of pocket, and HODL until BTC has risen sufficiently to profit from it
TestingUnoDosTre: Isn't the inventory worthless?
fluffypony: mrstickball: well having spoken to Kate on the phone I can confirm she is female and British
mrstickball: Duffer1: right. I just thought it was unfathomably odd that there's a John W that killed himself due to fraud like that in a similar window of time
Duffer1: unless someone took over the Deprived account the day of that John Ws demise then it's not the same person
artifexd: mrstickball: Are the "in stock" statements on your site accurate?
mrstickball: I don't think there was any relation, AFAIK
mrstickball: but all the digging I did for a Jon W turned up a securities guy that stepped in front of a bus and killed himself due to.......get this.........securities fraud
mrstickball: sorry about the delayed response
mrstickball: for awhile, I thought Kate was Jon W's alter-ego or something, because they both disappeared at the same time
fluffypony: I have no idea, spoke to her on the phone a few times and she seemed quite nice
mrstickball: Duffer1: I believe they about have that done now
mrstickball: so they do have working capital
Duffer1: ya would have been nice if there was one
mrstickball: they are buying more rigs. I gotta deliver 40 Grids to them shortly w/ the voltage mods
fluffypony: Duffer1: well there's a lot to be said for a succession plan
mrstickball: if Si had been running CM from the get-go or CT from the get-go, there wouldn't be issues
mrstickball: Si will honor the agreement
fluffypony: yeah I'm just nervous about the changes higher up
mrstickball: so I am simply shopping around and to educate myself further on options
mrstickball: you can make a killing there if it works right
mrstickball: so we're looking to work with them to put Bitcoin mining hardware in most states. I know our webstore needs a site revision (working on that currently)
mrstickball: We do a lot of mining business on EBay, Amazon, through the eStore
fluffypony: the latter ones are also very good templates for how to do a LoC
fluffypony: they also did subsequent LoCs for higher amounts
fluffypony: I wonder how the Lending section on Bitcointalk would react to a LoC listing ala DeathAndTaxes?
fluffypony: mrstickball: I've been thinking the same thing
fluffypony: mrstickball: http://trilema.com/2012/how-does-one-list-on-mpex/ <- if you read through that and the follow up BitBet article it gives pause...compare that to Moolah's IPO (on their blog) or the stringent "requirements" for listing on most exchanges
TestingUnoDosTre: It's slightly ridiculous though. Last year, it cost approx 1/5 USD equivalent to join. Where's the added value?
fluffypony: mrstickball: yes, if you've got the money and sense to invest and play with tens or hundreds of thousands of USD equivalent, the 30 BTC makes sure you know that it's serious
mrstickball: I gotta pull out my gribble OTC keys from my old machine to get back in to the WOT
mrstickball: I assume the 30 BTC is to provide some sort of barrier to prove sophistication
TestingUnoDosTre: The fees are more than I pay fidelity
fluffypony: besides, you can use CoinBr instead of paying the 30 BTC
jurov: what's the problem with using broker?
TestingUnoDosTre: But they would moat likely have a lot less capital to toss around
TestingUnoDosTre: Also, would like to see how the volume changed if he opened entry fee to something like 5 btc
mrstickball: its easily the largest stock/entity of Bitcoin securities, but seems not to warrant it in my view
mrstickball: I was just curious because the volume is so.... strange
TestingUnoDosTre: But in all honesty, I haven't invested a satoshi in any of these businesses
pankkake: that seems to be the case
fluffypony: mrstickball: can't comment on the accuracy/efficacy of this article, but here: http://www.loper-os.org/?p=1108
mrstickball: They haven't listed any independent companies in a year if I am reading that right
ozbot: The list of discontinued assets on MPEx pe Trilema - Un blog de Mircea Popescu.
pankkake: it has listed other companies
mrstickball: you're looking at >100 BTC volume in the past day
TestingUnoDosTre: Past years dividends don't reflect much on say the next 2 to 3 years though...
TestingUnoDosTre: Methinks the best chance to gain a profit was purchasing at IPO
mrstickball: That is a possibility, but again.. the dividends don't bear that out
TestingUnoDosTre: I've always wondered that myself. Perhaps the ability to grow?
mrstickball: What supports S.MPOE's valuation? It looks like annual dividend is 1%, and there is no volume outside of S.MPOE itself
fluffypony: on the client side, I mean
fluffypony: davout: BIP38 the key?
fluffypony: but there are tons of people who want to
fluffypony: because anyone "in the know" won't use a webwallet
fluffypony: yeah I like the way blockchain handles things from that perspective
davout: fluffypony: if it comes back it'll be some sort of lightweight version of blockchain.info, the URL would be the actual private key for the wallet
davout: fluffypony: it's dead. i may at some point start working back on it, but it definitely won't be in the same form
HeySteve: so the final ruling is expected in June huh?
kakobrekla: so are you saying theres 100k gpus mining this bullshit coin
fluffypony: ok so the network hash is about 84gh/s atm
fluffypony: no, it's not, but other coins are
fluffypony: when you've got an scrypt coin with the entire network hashrate of < 20mh/s it's a joke to end up on a fork
fluffypony: they've been on forks so often
kakobrekla: so in the end its more trouble than its worth
fluffypony: kakobrekla: I think they're just on a dogecoin fork and are reloading the blockchain from scratch
kakobrekla: on the road.
kakobrekla: a few years back there were still holes from grenades in sarajevo
kakobrekla: all thats missing is bullet holes in the buildings
Naphex: there'se probably lots of stuff to visit, but i can't recommend much :) my last holiday in romania was when i was 13-14 or something
fluffypony: Naphex: what parts of Romania do you recommend seeing if we had to holiday there?
fluffypony: maybe next year the wife and I will go visit the in-laws in Germany and then come through for that
kakobrekla: fluffypony in the bar, to have drinks.
ozbot: The conference, second edition pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: anyway, going to get my cocked sucked, then get dressed, cya later all!
jurov: and thx for the double room, but wao already made arrangements
mircea_popescu: i guess you can have a new drink on me then :D
mircea_popescu: jurov a no, just, made the impression you were hoping for something serious
mircea_popescu: who the fuck is isec
kakobrekla: did ya miss the left turn?
mircea_popescu: can't stop the car fast enough
mircea_popescu: well anyway, sucks, i was looking forward to meeting your other boss.
mircea_popescu: if all else fails, ask the reception desk for the massage salon and ask the girls there where they keep the girlfriends.
mircea_popescu: kakobrekla: well, its good in the sense they did open the bar, its bad that im alone :) << geeks. travel with girlfriend, to new town, still is alone. 4EVER ALONE!
kakobrekla: lol well i have been in the bar now for some time, if you gonna be couple of hrs i might change my drinks.
mircea_popescu: ima go pick up mike and then have a drink with you two
kakobrekla: then*
gribble: The operation succeeded.
mircea_popescu: benkay: wish i got to do not much ;) << the real mark of being rich.
jurov: https://www.facebook.com/photo.php?v=689790241052816&set=vb.109662802398899&type=2&theater just watch and relax.
bitcoinpete: there's a reason li ka-shing made a token investment in bitpay: best way to buy off-market coins is off merchants
ozbot: The Richest Man In Asia Is Selling Everything In China | Zero Hedge
bitcoinpete: there's an old saying inside the NSA: "Attacks always get better; they never get worse."
fluffypony: don't dd in the morning
BingoBoingo: The consequences of spelling
gribble: Error: Rating must be in the interval [-10, 10] and cannot be zero.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
gribble: Currently authenticated from hostmask joecool!~joecool@no-sources/joecool. Trust relationship from user assbot to user joecool: Level 1: 1, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=joecool | WoT data: http://b-otc.com/vrd?nick=joecool | Rated since: Thu Apr 28 14:23:15 2011
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user herbijudlestoids: Level 1: 0, Level 2: 2 via 2 connections. Graph: http://b-otc.com/stg?source=assbot&dest=herbijudlestoids | WoT data: http://b-otc.com/vrd?nick=herbijudlestoids | Rated since: Fri Feb 14 01:33:49 2014
benkay: but the question of who receives that +1 is open.
benkay: there's a bit of inflation at the bottom end. i'm willing to +1 for #bitcoin-assets voice, and +2 people I know to be people and not terrifically scummy.
BingoBoingo: Well that is the minimum or even below it to get self upping
gribble: Currently authenticated from hostmask BingoBoingo!~BingoBoin@unaffiliated/bingoboingo. Trust relationship from user assbot to user BingoBoingo: Level 1: 1, Level 2: 8 via 8 connections. Graph: http://b-otc.com/stg?source=assbot&dest=BingoBoingo | WoT data: http://b-otc.com/vrd?nick=BingoBoingo | Rated since: Wed Mar 20 03:45:45 2013
gribble: Currently authenticated from hostmask benkay!~user@71-214-87-217.ptld.qwest.net. Trust relationship from user assbot to user benkay: Level 1: 1, Level 2: 9 via 9 connections. Graph: http://b-otc.com/stg?source=assbot&dest=benkay | WoT data: http://b-otc.com/vrd?nick=benkay | Rated since: Sun Mar 10 13:57:45 2013
benkay: i imagine they'd not be able to !up any more.
benkay: and I rate them -1
BingoBoingo: benkay: Has your Dukeness given much thought as to the requirements you suppose on those who would be your Ridders?
gribble: Currently authenticated from hostmask BCB!~BCB@ec2-54-204-38-85.compute-1.amazonaws.com. Trust relationship from user assbot to user BCB: Level 1: 0, Level 2: 5 via 5 connections. Graph: http://b-otc.com/stg?source=assbot&dest=BCB | WoT data: http://b-otc.com/vrd?nick=BCB | Rated since: Thu Sep 20 19:03:51 2012
BingoBoingo: benkay: Sometimes I long for the days when the smell of cunt juice on the fingers was a new smell
BingoBoingo: benkay: For some people doing a lot is showering once in a week. For other people not doing much is working 18 hour days.
benkay: thestringpuller: ping
gribble: The operation succeeded.
BingoBoingo: BCB: The method here is PM'ing assbot !up
gribble: You rated user gribble on Sun Mar 2 22:05:31 2014, with a rating of -10, and supplied these additional notes: knows damn right who I am.
BCB: BingoBoingo, I'm cool authed now. Thx
gribble: WARNING: Currently not authenticated. Trust relationship from user assbot to user elgrecoFL: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=elgrecoFL | WoT data: http://b-otc.com/vrd?nick=elgrecoFL | Rated since: never
gribble: WARNING: Currently not authenticated. User assbot, rated since Fri Apr 11 02:04:55 2014. Cumulative rating 26, from 9 total ratings. Received ratings: 9 positive, 0 negative. Sent ratings: 29 positive, 0 negative. Details: http://b-otc.com/vrd?nick=assbot
gribble: Error: The "RatingSystem" plugin is loaded, but there is no command named "viewrating" in it. Try "list RatingSystem" to see the commands in the "RatingSystem" plugin.
gribble: Currently authenticated from hostmask cazalla!cazalla@2400:8900::f03c:91ff:fedb:949f. Trust relationship from user assbot to user cazalla: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=cazalla | WoT data: http://b-otc.com/vrd?nick=cazalla | Rated since: Tue Apr 15 22:17:43 2014
mircea_popescu: BingoBoingo well there is such a thing as thinking they're too smart for their own good
gribble: The operation succeeded.
mircea_popescu: in the us. in canada it's like 3x that.
BCB: joecool, if he goes to prison it will be some low sec location. Not much prison rape there. Lots of checkers and shuffleboard
joecool: BCB: prison rape is in the future
mircea_popescu: tho tbh, i think the kid's exactly smart enough for that to smart.
mircea_popescu: wow that's some high drama aproach right there.
BingoBoingo: BCB: There are far worse things than that. He is going to see the future he could have been a part of, but was exiled from in its infancy
BCB: Life doesn't get much worse then that
BCB: and he's being sued by the SEC
BCB: BingoBoingo, I think he already has. WIfe left him, all his assets have been seized, He's back living in his mother's house
mpexbot: thestringpuller: Asks: ['12200 @ 0.00095568', '15960 @ 0.00095719', '3800 @ 0.00095861', '5400 @ 0.0009597', '9188 @ 0.0009601']
mpexbot: thestringpuller: S.MPOE Bids: ['20800 @ 0.00095321', '41904 @ 0.00095299', '6100 @ 0.00095168', '1000 @ 0.00095001', '1000 @ 0.00094501']
TestingUnoDosTre: I do understand, and that's the risk I was taking. I did bet before the event occured though...
BingoBoingo: TestingUnoDosTre: Remember that BitBet has worse fates than a refund for the late.
mircea_popescu: TestingUnoDosTre well, the life of a late bettor is hard. if you get in, you get in. however, if you don't you don't, and it's the mod that makes the call.
TestingUnoDosTre: I'll back down if I must. I agree with the gist of what you're saying, but I played by the rules and it's somewhat easy to verify that I was in "on time"
mircea_popescu: bet a day early and get refunded, then you got something.
mircea_popescu: nobody is going to go into the level of detail you need for your case.
mircea_popescu: i think you're arguing the wrong tack here.
TestingUnoDosTre: this is the page I loaded data from (apologize but it has like 2 days worth of 1 minute data) http://bitcoincharts.com/charts/bitstampUSD#rg1zig1-minzczsg2014-04-16zeg2014-04-17ztgSzm1g10zm2g25zv
TestingUnoDosTre: Let me check the difference between bitcoincharts time and GMT
TestingUnoDosTre: mircea_popescu - about this bet http://bitbet.us/bet/800/bitcoin-price-above-525-before-may/ it was the other way around. I had bet at + received 1 confirmation (and bet posted to bitbet) at 23:20. The bitstamp price crossed over at 23:29
assbot: Voicing thecluck for 30 minutes.
mircea_popescu: !up thecluck
mircea_popescu: that's what a taxman does, in all tiumes and places. it's the fundamental conservative mechanism of a society.
mircea_popescu: people with actual tax accountants who get actual advice (ie, the people in a position to make meaningful donations) don't do stupid shit because that;'s what happened to be in front of their eyes that hour.
mircea_popescu: then you win.
mircea_popescu: then you get to argue it in court.
mircea_popescu: then you get audited.
mircea_popescu: but try and talk it to the fucktards who have some shit impacted in their head which they misrepresent as an idea, and then try to use everything they encounter on the road as shit-amplifyer, instead of using it as a shit removing device.
mircea_popescu: this makes donations the absolute last thing bitcoin will do.
bitcoinpete: donating bitcoin to charity will "not only will it help a worthy charitable cause, it will also contribute to the future success of Bitcoin:" <<obviously lol
bitcoinpete: http://www.seriouss.net/#!Support-the-BitGive-Foundation/c20df/0281C51F-4999-40B1-8653-13F099D34964
ozbot: Twitter / rogerkver: Tokyo has the best Bitcoin ...
peterl: they have a list of people they already picked to honor (themselves), and they had to come up with a category for everybody?
bitcoinpete: there should be EmPee Awards
bitcoinpete: except it was funny/sad how few people at the bitcoin expo in toronto who'd even heard of you or mpex
mircea_popescu: that;s about their total pool.
mircea_popescu: i should probably make a pie throwing contest, give 10 btc to the best thrown pie to the face of these losers.
mircea_popescu: Each of the winners will receive 1 BTC
mircea_popescu: anyone wants to bet the bitpay sister gets that ? what was her name
bitcoinpete: the nobel comes to bitcoin
mircea_popescu: hehe. that was the techmeme before arlington was invented.
ozbot: FuckedCompany.com - Official Lubricant Of The New Economy
mircea_popescu: that's a point. "anything other than a rip page"
gribble: Currently authenticated from hostmask peterl!~peterl@108-204-237-26.lightspeed.sgnwmi.sbcglobal.net. Trust relationship from user benkay to user peterl: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=peterl | WoT data: http://b-otc.com/vrd?nick=peterl | Rated since: Wed Apr 16 17:10:12 2014
bitcoinpete: mircea_popescu: and that times, they are a changing. so fast that history is useless
mircea_popescu: bitcoinpete everyone wants to think that the earth sucked before he showed up to fix it.
bitcoinpete: "Bitcoin for now exists at the pleasure of governments" << this is just priceless
benkay: i don't really get the mining arguments. but yes, containerization.
bitcoinpete: benkay: eli doesn't get the scarcity angle. few casual observers do, particularly amid the mt gox this and that noise
benkay: perhaps they have someone reading logs?
benkay: perhaps they read logs?
benkay: the light begins to dawn...
BingoBoingo: The de/in-flation discussions always have a next time
mircea_popescu: o look i missed the polish inflation discussion.
BingoBoingo: Preach it. I mean why do people keep getting this "free winning" idea when BET is in the name
mircea_popescu: hear ye of little competence : i am and i have been doing a shitload better than you ever did, to the degree the differential is culture-shocking people.
mircea_popescu: i guess it's all a testament to the SEC's historical success in controlling insider trading.
BingoBoingo: The hazard of late BitBets, on price especially is when the thing hits verus where it sticks can be... messy, and the difference here is in the house's favor
gribble: The operation succeeded.
mircea_popescu: i dunno he's not nice. he's definitely one of the guys that got raped in the ass by their failure to take bitcoin serious enough.
mircea_popescu: Azelphur nah, he was fired when the bitpay crew screwed the original owner out of his shares and put that romanian kid in
Azelphur: that was pretty funny "This bet is serious business, if you place the bet and loose then don't pay, you will be marked as a scammer and banned"
mircea_popescu: rithm: which is broken because you have no way to idetify the person you communicate with on that forum << stop slandering https etc.
mircea_popescu: then piles of drama, it gets circular.
mircea_popescu: then got banned again
mircea_popescu: then got unbanned
mircea_popescu: Duffer1: sorry man that all was before my time, not sure what all happened << mnw figured he'd be a smartass, bet everyone pirate will deliver (after default). 10k btc, which he obviously lost, which he then reneged on (pretending he's "delivering" by simply writing 10k BTC in a foirum post) and got banned.
gribble: The operation succeeded.
mircea_popescu: so reading the log... is nubbins` like this chan's cialis or what.
benkay: the dynamics of upping is interesting to watch as well
BingoBoingo: At least for a while bringing up the assbot - target path is probably productive to see if people wanting voice can already !up themselves
peterl: is it considered better manners to set otc ratings in the channel or via pm with gribble?
gribble: Currently authenticated from hostmask SatoshiJack!d05aad12@gateway/web/freenode/ip.208.90.173.18. Trust relationship from user assbot to user SatoshiJack: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=assbot&dest=SatoshiJack | WoT data: http://b-otc.com/vrd?nick=SatoshiJack | Rated since: never
gribble: Currently authenticated from hostmask SatoshiJack!d05aad12@gateway/web/freenode/ip.208.90.173.18. Trust relationship from user benkay to user SatoshiJack: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=SatoshiJack | WoT data: http://b-otc.com/vrd?nick=SatoshiJack | Rated since: never
SatoshiJack: My team...the satoshiJack team :)
SatoshiJack: thanks mp -- we are very close -- should open doors for atc in the next couple of days...
peterl: the price, it is down from its high
gribble: The operation succeeded.
TestingUnoDosTre: Charge was identify theft and conspiracy to commit yada yada yada computer fraud act
TestingUnoDosTre: He submitted a bunch of false cc-ids in attempt to reverse engineer the ID to number conversion that att used
TestingUnoDosTre: Like the charge, or what did he do?
BingoBoingo: TestingUnoDosTre: Well, what was the exact act Weev was charged for
BingoBoingo: TestingUnoDosTre: Well, what was the exact story on what he was charged for doing