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nubbins`: how about the one i asked :D
keonne: the difference is poor people shouldnt eb buying 500 dollar phones
nubbins`: what's the difference?
nubbins`: or you spend the extra $500, and two years later, you own your phone
nubbins`: suppose you save $500 by getting a subsidy. at the end of your two-year contract, you own your phone
nubbins`: might as well put a coca-cola logo on there
fluffypony: those are the cases we have
nubbins`: consider the statement suitably modified
fluffypony: nubbins`: want a wooden case for it? we have a bunch as gifts, but most of our customers are Android users, and the guy that makes them doesn't make Android cases
truffles: im surprised cuz i read they dont withstand cold temps
nubbins`: REAL MEN CHECK THEIR TELEPHONES SEVERAL TIMES AN HOUR
keonne: asciilifeform: what was the name of that soviet cartoon you mentioned earlier
keonne: this is why you get all the pussy and btc
keonne: how do you have all these on hand nubbins`
truffles: so Iphones are popular cuz theyre shiny?
fluffypony: gizmodo is popular? I stopped reading there a long time ago
ozbot: Rich People Like iPhones, Poor People Like Android – The Interrobang
fluffypony: nubbins`: so you're a Windows Phone user, then?
keonne: does anyone use the blockchain android wallet
keonne: but aye on the pools of btc and pussy
keonne: dont ruin the image, i want to be you
keonne: since in my mind hes lounging in a pool flush with btc and pussy in the virgin islands
keonne: honestly my job doesnt feel like a job, so i guess im lucky there
nubbins`: what in the fuck is a job
keonne: keonne: #bitcoin-assets is like a second job << first job for most people here. i see that, at least im honest, maybe one day i will be able to afford the trading platform fee and have my mind warped enough to warrant a spot in the full time club
pLambert: until the end of the month, I think
ThickAsThieves: too bad theyll suck the sould out of colbert
dvsdude: Stephen Colbert will succeed David Letterman as host of 'The Late Show'
ThickAsThieves: so about 24k coins on the market
gribble: Bitstamp | A market order to buy 23500 bitcoins right now would take 14785226.8837 USD and would take the last price up to 1299.9800 USD, resulting in an average price of 629.1586 USD/BTC. | Data vintage: 59.7878 seconds
gribble: Bitstamp | A market order to buy 22500 bitcoins right now would take 13607783.7198 USD and would take the last price up to 1075.0000 USD, resulting in an average price of 604.7904 USD/BTC. | Data vintage: 45.7563 seconds
gribble: Bitstamp | A market order to buy 20000 bitcoins right now would take 11195529.8825 USD and would take the last price up to 849.9800 USD, resulting in an average price of 559.7765 USD/BTC. | Data vintage: 25.9547 seconds
gribble: Bitstamp | A market order to buy 15000 bitcoins right now would take 7503392.7506 USD and would take the last price up to 655.6800 USD, resulting in an average price of 500.2262 USD/BTC. | Data vintage: 18.2787 seconds
gribble: Bitstamp | This order would exceed the size of the order book. You would buy 24098.515 bitcoins, for a total of 17899251.1321 USD and take the price to 99999.9900. | Data vintage: 0.0374 seconds
gribble: Bitstamp | A market order to buy 10000 bitcoins right now would take 4496710.4412 USD and would take the last price up to 520.0000 USD, resulting in an average price of 449.6710 USD/BTC. | Data vintage: 232.9129 seconds
danielpbarron: one-of-a-kind stupidity there
kanzure: danielpbarron: this is the sort of hyper-fanatacism that i am seeking
danielpbarron: "The banks would be saved because people would be borrowing as much money as possible in order to buy bitcoin." <-- ...
nubbins`: almost makes you think he shouldn't have been appointed to the senate in the first place
nubbins`: seriously. the senate. highest judicial body in the country. guy gets fired for being a shitbag, and the best job he can scrounge together after that is putting together the weekly schedule at the fuckin Bare Fax
kanzure: oh i see, i should have asked what's wrong with the senate =)
danielpbarron: "If I was Chairman of the U.S. Federal Reserve, the most powerful central bank in the world, I would be buying bitcoin like mad."
kanzure: i want the stuff that will still found funny even if bitcoin does eat up the world
danielpbarron: i guess those peeps who were bugging me to buy the other day are happy now
fluffypony: oh look, welcome to the magical 400.00
danielpbarron: there are ways to get non-crappy food but you have to know what you're doing
fluffypony: the food is crappy
danielpbarron: for all of the above reasons
fluffypony: danielpbarron: she meant for holiday, we would never move there
danielpbarron: honest individuals don't need money; Big Brother feeds them
danielpbarron: get poisoned with crappy food, drugged water, groped by the "authorities," wealth confiscated because you probably sold drugs to get it
danielpbarron: not worth the risk of possibly not being allowed to leave
danielpbarron: the US kinda sucks; if you aren't here already, don't come
danielpbarron: well i've seen plenty of individuals storing data in other ways, like using the last 4 or 5 decimal places of a balance to encode data
fluffypony: my wife is talking about going to the US at some stage
dexX7: you don't need to hold everything in memory, but there is a database with all unspent outputs. more outputs = delayed lookup
kanzure: anywho then the counterparty server sends getrawtransaction messages over rpc to the bitcoin node for every transaction since the burn period began
kanzure: uh i wonder if -txindex is the right parameter. hrm. it's the one about indexing.
kanzure: so often this means reindexing the blockchain for nodes that haven't been using -txindex
kanzure: the counterparty reference implementation requires a full bitcoin node with -txindex enabled
dexX7: the complaint was the amount of unspent outputs/utxo bloat created by those transactions - the argument fails because those unspent outputs are actually spendable and spent frequently
benkay: so you can't possibly be telling me that a full node needs to hold the whole bc in memory to do its job
danielpbarron: well, I'm not 100% behind the DEX; I understand the arguments against it, and it's not the end of my world if the devs figure out a way to stop it
benkay: i lose track of all the colored coin implementations
thestringpuller: like the ratio of scam to actual businesses was too damn high
benkay: i want to know more about these memory requirements imposed by mastercoin
thestringpuller: every other play exchange has had multiple scams...
danielpbarron: you want to throw the baby out with the bathwater?
danielpbarron: i get that, thestringpuller
thestringpuller: you will always have to trust the issuer*
dexX7: benkay: think of "let's create new transaction types and coins, encode the transaction information and store it on the blockchain as pubkeys in multisig transaction outputs"
thestringpuller: but each excahnge is centralized as you will always trust the issuer
danielpbarron: i think there is room for both centralized and decentralized
benkay: thestringpuller: ping ping ping ping ping
thestringpuller: exchanges will always be centralized things, there can be multiple exchanges
benkay: he's underwriting, thestringpuller
thestringpuller: danielpbarron: oh boo another glbse investor
danielpbarron: i'm on the side of counterparty if I had to choose, i think the decentralized exchange is a great idea
dexX7: 1. metacoins and the utxo set: http://i.imgur.com/c9mpd8h.png, 2. what is way more "avoidable" than multisigs is the creation of multiple unspent outputs "to have free outputs ready" (@ xcp) x_x
danielpbarron: there might be some overlap
benkay: when do they need that? when validating a new block?
benkay: memory where for whom in what part of the process
danielpbarron: benkay: because OP_RETURN is too small to store counterparty data, they use multi-sig addresses instead, and that uses up memory
Apocalyptic: <benkay> we're talking about the mem pool, though, right? // you can choose not to query peers for tx data
benkay: txns in flight is the topic, though, correct?
danielpbarron: hard drive space is only an issue to those trying to take a principled stand on not storing content to which they personally object
benkay: we're talking about the mem pool, though, right?
danielpbarron: the issue isn't hard drive space
Apocalyptic: thanks for the block size limit
Apocalyptic: the maximum potential blockchain growth rate is well known
danielpbarron: benkay: what do you mean "staying on the blockchain?"
benkay: either you'll pay for the privilege or you won't.
benkay: this is one of those things about bitcoin. staging on the blockchain is just going to get more and more painfully expensive.
danielpbarron: some individuals profit i guess, if they get really cheap electricity and make their own boards
benkay: the state sponsored ones definitely
danielpbarron: yeah but they don't need the payment; they don't mine for profit anyway
pankkake: for me, bitcoin is terabytes of bandwith per month - I don't mind as it's almost free, but don't make the madness worse
danielpbarron: benkay: you pay, but the payment doesn't go to those actually doing the heavy lifting
benkay: whoa you can store data in the blockchain without paying?
danielpbarron: anyway my point is, there is controversy over transaction rules, so miners have so influence in that regard
danielpbarron: full nodes should get most of the transaction fees, but they get nothing
benkay: what's the controversy over op_return?
danielpbarron: that's the tl;dr
danielpbarron: counterparty stores its data in the Blockchain and the devs don't like this
danielpbarron: at the risk of starting the whole argument over again, the context is counterparty / mastercoin and the OP_RETURN controversy
benkay: and like maybe why and some other context
danielpbarron: they sorta do, or at least, they do when they are also a dev
benkay: everyone forced to more or less play the same way
pankkake: pool operators are highly dependent on their users, as it is very easy to migrate
danielpbarron: so then why not the miners? and keep in mind I mean the pool operators, not the guy in his basement
danielpbarron: but now I'm leaning to that other group, the group i'm not sure what to call
danielpbarron: i've been tempted into thinking it was the devs and then the miners that had all the power
benkay: devs, unles you're talking about conformal, don't really do much other than implement dirty code into bitcoin-qt
danielpbarron: what's the most influential group of bitcoiners? the devs, the miners, or whatever you call the individuals who own a lot of BTC
benkay: thestringpuller: ping
danielpbarron: I'm doing it just for fun; trying out the protocol
pLambert: imagine if Warren Buffet wanted to buy shares of his company back based onthe dividends: $0.00 to you, shareholders
danielpbarron: ty, fluffypony; I've got the market cap up to a record breaking 0.52 XCP
pLambert: They keep saying "we are investing in more hardware, so dividends are low this month", then for the buyback they ignore all the hardware they just bought
danielpbarron: I am the issuer of the #5 ranked asset in counterparty :D
fluffypony: what have the dividends been like over the period? I take it not enough to cover the original investment?
pLambert: they are buying back shares based on the past couple dividends
pLambert: has BitVPS buyout been discussed here yet? A big FU to all the shareholders
danielpbarron: otherwise, I don't think I can trust that little thing to make a secure enough seed
danielpbarron: if I can type in the 12 words somehow, that's pretty cool
kakobrekla: you supply the 12 or whatever words to make the seed from which all the future bitcoin key pairs are generated
danielpbarron: does that mean the user programs it?
kakobrekla: they use deterministic wallets afaik
danielpbarron: from what I understand, a lot of the cardano research is getting the right hardware RNG; is trezor up to the same standard?
kakobrekla: its good to asume its not even close to being the same thing
danielpbarron: or should I not even be comparing these things?
danielpbarron: what's the deal with trezor? I'm gonna assume it's not as good as cardano will be?
gribble: You rated user rg on Wed Feb 26 10:45:04 2014, with a rating of -2, and supplied these additional notes: tried to stiff me on payment for some design work.
nubbins`: better get ultimate scammer rg on the line to find out
kakobrekla: is this one of the Rap-e-ghosts thingy
fluffypony: "Rap(e)Coin: the rap coin that's not about rape because rape is bad and rap isn't"
pankkake: to the hood!
danielpbarron: a stupid altcoin, but i think the OP is trolling
pankkake: and don't confuse them with pankkistani bonds
Mats_cd03: > Because of inherited weakness from pgp’s own timestamping, there is currently no reliable way to resolve time disputes : the client can very well present his own version (as included in the signed material), MPEx will present its own version (as reflected by when it has seen the order) and no further progress can be made (for which reason MPEx’
nubbins`: "The investment is more for people who want to safeguard BTC at the current prices"
kakobrekla: me neither
nubbins`: i think the word you're looking for is cromulent
gribble: The operation succeeded.
thestringpuller: from trilema: MPEx webservers will have to keep a copy of the database. This is practically unavoidable (I think) because of two things : you.d like to be able to issue account statements for customers when they want, rather than when you get around to itviii and you.d like to pipe trade data into other services (like twitter, assbot on #bitcoin-assets etc).
mircea_popescu: yes, but those aren't the people that never woke up with a timer in their life.
truffles: some ppl r like zombies in the morning
mircea_popescu: MisterE guy is definitely lying. had he made that reddit post BEFORE having tried to steal the data rather than as a coverup afterthought, all'd hgave been well.
mircea_popescu: mikaeldice: Though I kind of dislike the more recent releases of ubuntu << word.
fluffypony: was pretty much the wild west here
mircea_popescu: kakobrekla o wow he just pasted teh empty ? nm then
mircea_popescu: fluffypony pretty sure that was the case before 2009, both in common and civil law jurisdictions.
mircea_popescu: cazalla the life of the p t barnum promoter of roadside attractions is a precarious one.
fluffypony: mircea_popescu: wrt not taking it seriously - not sure about other countries, but we have a new (2009) act here that says that a director will be liable for losses suffered by the company as a result of the director having taken or failed to act against certain unauthorised or unlawful actions and situations
Apocalyptic: he's editing the shit out of it
mircea_popescu: mike_c: for instance, mp has a bunch of coins. they are not supply because they are not for sale. << they are supply even if they are not for sale. review Wickard v. Filburn :D
mircea_popescu: i have no idea how come they still give diplomas to lawyers and journalists that aren't fluent with gpg since their sophomore year, but hey.
mircea_popescu: bounce i myself am happy with the "clueless woman, learned to use gpg last week, does not quite grok what keys are or how they work"
mircea_popescu: jborkl: We know how many btc there will be next year << he has it, btc supply is extremely well know. the function that stabilises the dishing out of btc over time has been EXTREMELY efficient so far, in spite of massive hashpower changes. i would say btc supply side is the best known of any material in history. including gold, which used to hold that distinction (which was a key to its monetization)
mircea_popescu: the whole spectrum seems to reduce to "didn't take it seriously enough"
mircea_popescu: or on the other extreme patrick harnetts and other herps figuring "oh, it's jsut a small little thing, i'm much bigger than it so should be ok"
mircea_popescu: pigeons in a meta-sense, everyone that fucked up so far has been fucked by the same thing : failure to take btc seriously enough. be it the derps that still don't have any, harping about how it's just a fad and quoting tired beanie babies examples,
taub: whats on the 15th?
taub: MisterE> taub: it's going to be like this until the 15th passes
mircea_popescu: the failed business of having lied through your teeth accidentally for great justice.
truffles: not on the internet
mircea_popescu: <truffles> if spelling gets u kicks heh << dude i thought you were the english expert.
Diablo-D3: I dunno, after all the years Ive been in the Bitcoin community, I just can't turn my back on everyone
Duffer1: truffles<coingenuity> truffles: i run one of the biggest bitcoin companies >> wtf is coingenuity?
Apocalyptic: cause as far as I can see that's what the first kick was for
truffles: so then i in #bitcoin i was like "why are u such a bitch" i think im banned there too
truffles: <truffles> well i hope ure on there all day
truffles: <coingenuity> truffles: i run one of the biggest bitcoin companies
truffles: truffles> why is coingenuity on the phone with banks?
Mats_cd03: Apocalyptic: oh... i was under the impression it was
gribble: (later tell <nick> <text>) -- Tells <nick> <text> the next time <nick> is in seen. <nick> can contain wildcard characters, and the first matching nick will be given the note.
gribble: Error: I haven't seen benkay, I'll let you do the telling.
Apocalyptic: i'm an op there and frequent trader, so yeah pretty muc
Apocalyptic: otc usual rates are quite above the market price
Mats_cd03: after hence the tear
Mats_cd03: geez, the price keeps correcting each time i pick up more btc ;(
fluffypony: dub: it would be - its a scammer scamming the scamhunters :-P
dexX7: i assume what is posted there is the bare minimum
fluffypony: and stay ahead of them
fluffypony: the only problem with keeping the details all out in the open is that he can see it
keonne: i hope china bans bitcoin again at the end of the month payday
fluffypony: keonne: yeah that's the worst
gribble: The operation succeeded.
keonne: God i am regretting all the whisky last night
keonne: among other things
MisterE: I dont really know the difference like wget and curl
keonne: mircea_popescu: most of the trilema that's not written in vi is written in nano
MisterE: taub: it's going to be like this until the 15th passes
keonne: 18:44:21 asciilifeform: there was a great soviet cartoon about a kid who hates history class and then gets a time machine
keonne: there still is lol
MisterE: oh, either way someone loses a trailer...
MisterE: indeed and back when I was a kid there was so much coke
keonne: i dont know the joke
keonne: the sun does funny things to people
MisterE: You know the joke about What do tornadoes and divorces in Kentucky have in common?
keonne: most of Florida is trailer city, bad move really considering there is a yearly fucking hurricane season, geniuses
MisterE: I'd ben there before I knew it was trailer city
keonne: Yeah I was young too, but I remember it pretty well... I remember the national guard closing streets down and what not
MisterE: oh, I was young then just lucky timing. But later I worked as a paramedic in the west for 3-years
MisterE: indeed I went back after and asked my friend why they were staying
MisterE: I was all around the grove and Kendall area
keonne: mircea_popescu: <mike_c> yes, it's not like france where they just take your whole paycheck and give you a few dollars a week for coffee and cigarettes. << zing lmao. what you say nao pankkake ? huh ? huh ?
fluffypony: you never talk to the cops!
fluffypony: 'I basically "confessed" everything to the FBI already.'
MisterE: keonne: I went to HS in Miami also lived in Tampa and the keys for a while
keonne: ok now to catch up on the logs
keonne: I'm from south Florida, and I hate the heat, so the mild weather is pretty nice
fluffypony: I love the people and the culture, but the weather would make me sad
fluffypony: Paris is beautiful in the spring
fluffypony: we're like 1.2kms from shore, and the fog is right up at the house
fluffypony: they have nfi about the underlying architecture or what services are available and what they do
dub: sadly they now know about this channel
akstunt600: thanks for the invite [\\\]
[\]: I name dropped the channel in #bitcoin-pricetalk
fluffypony: it's just a gift to them for fun that they may or may not be able to use one day
fluffypony: there's a 2 factor authentication thing
cazalla: but how do you know they don't keep a copy of the private key?
cazalla: fluffypony: why would you trust them?
MisterE: I once made a retarded comment about "double inverted helix head & shoulders formation at the 3rd Fibonacci band formed" in trollbox
fluffypony: it arrives unfunded and you email them to "activate" it, then they fund ut
fluffypony: bought some of these to give to my parents and my in-laws: https://www.titanbtc.com/product/titan-one/
fluffypony: the btc-e trollbox is an awful bunch of human beings
MisterE: troll the btce trollbox for a while :)
MisterE: just for play fun, I have other investments that are in cold storage
MisterE: then you can't make moves and coin up
fluffypony: benkay: that's the problem with being that low level
benkay: but voof. buffers? in my face? all the time? surely this is not a good use of my brain.
benkay: i dig the types for sure
mike_c: i'll have to figure out how to add blocks in sql. the admin interface is useless.
benkay: uh so i'm no expert at these things
mikaeldice: Though I kind of dislike the more recent releases of ubuntu
mikaeldice: I think Ubuntu 14.04 will be the first if you don't want to pull a bleeding edge build for it
mikaeldice: My lenovo yoga has a 3200x1800 display on 13", which most Linux distros look ridiculous on currently.. Good news is that a lot of the work is already done, just waiting to be included in distro repositories
Duffer1: what do i want these days?
nubbins`: dell will uninstall windows and refund you the $25, as long as you don't turn on your new laptop and pay shipping both ways
nubbins`: ah, then you get a pass
Duffer1: i looked at those but they max at 16gb
nubbins`: that's not the same as buying a linux laptop
Duffer1: blah is there no weechat for windows?
gribble: The operation succeeded.

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