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MisterE: srsly though they were following good practice
MisterE: that zoo should rename itself The Butchery
MisterE: those the lions they killed?
ozbot: Very angry kitty at the Zoo. - YouTube
MisterE: BTC in the shitter, LTC on the operating table but it;s spring in Crimea :)
ozbot: Researches find Android apps that covertly mine Dogecoin, one of them with more than a million downl
pankkake: the lazyest version would probably be to output the logs to a recognized format
Apocalyptic: The -r or --rng-device options can be used to select an alternate source of input
Apocalyptic: am I the only one who finds that utterly wrong ?
mike_c: 400 lines a day, plus trilema. and people think he has sock puppets too. more likely there are 3 people typing as mp :)
TestingUnoDosTre: sure but at least they have a history of declaration
CheckDavid: Is there ever an incentive to def
CheckDavid: So they ate
CheckDavid: Because then the company declares those 'profits' as costs
CheckDavid: But is that considered a cost to the company or is it real taxable profits?
Duffer1: we're all building this together kinda nonsense
TestingUnoDosTre: They give bonuses that are related to the profits, if that's what you call a "profit sharing" plan
jurov: there's a dilberts comics that explains it clearly
CheckDavid: That's because there is a profit sharing plan right?
TestingUnoDosTre: they meet like every two months and are like, "hey guys, we grossed XX millions of dollars, but were expecting YY millions"
TestingUnoDosTre: they share the company's profits to the employees
TestingUnoDosTre: this is the opportunity I've been waiting for... all week
TestingUnoDosTre: and by "my" company, I mean the one I work for
only: thefuck....
TestingUnoDosTre: looks like the asks are finally being pulled from stamp :( http://coinorama.net/#
ozbot: Return of the Vacuum Tube | Science/AAAS | News
benkay: asicminer taped their own out, right?
tg2: the gen1 mining
CheckDavid: thestringpuller: can reformulate the question?
TestingUnoDosTre: I remember hearing, as a child, that the atmosphere contained more oxygen when the dinosaurs were around
CheckDavid: thestringpuller: what do you mean by ' I want'?
benkay: pumping co2 into the atmo may change the atmo's composition, yea or nay?
benkay: these crackers bengay.
thestringpuller: dude you want to publicly trade the shares of something that has no valuation?
CheckDavid: Maybe because they are accepted by the company to pay for the products it provides?
CheckDavid: Could they still be traded accordingly to the business performance somehow?
benkay: why? magic. trust in the issuer.
CheckDavid: Yes. But imagine the coins are not tied to equity.
benkay: if that company has value, the share has a slice of the value.
ThickAsThieves: they are dividenDs btw
benkay: CheckDavid: that's the magic of owning shares in a business.
CheckDavid: How could their value still be correlated with the business performance?
ThickAsThieves: <thestringpuller> CheckDavid: ThickAsThieves has auto divident paying mechanisms in place. /// uhh what?
CheckDavid: What of the coins award no dividends?
CheckDavid: Ok then forget dividends
CheckDavid: thestringpuller: I know. But one had to account for the possibility of coins being exchanged
tg2: its better than half the coins
benkay: thing about shitcoin is that one doesn't get to select the coins received
CheckDavid: thestringpuller: is that to me? :)
thestringpuller: instead of reinvesting the money in better assets
thestringpuller: But it's far easier to trade OTC stuff...you know here...on IRC...over the counter...
thestringpuller: Yea there is a prototype I think in this one OT client.
Duffer1: is there a colored coin system even out yet?
thestringpuller: hey better yet! have them sign the email with a btc address
benkay: yes you do, CheckDavid otherwise arbitrary entities can transfer shares arbitrarily.
CheckDavid: I just need to know who the current owner is
CheckDavid: I don't think one needs the original shareholder signature
thestringpuller: so then non related person sends you the issuer a gpg signed email from both the original shareholder and themselves signifying an exchange
CheckDavid: Members are one thing. Then the com can be exchanged off site
CheckDavid: What about non members that acquire the coin?
thestringpuller: You called them members!
CheckDavid: But why do you call them members?
thestringpuller: Look there you go.
CheckDavid: I don't know the format of such a contract
benkay: the public offering is required to get the hype machine going so that the 'ipo' pulls in as many coins as possible
thestringpuller: there is no need to have a public offering...
thestringpuller: the members can trade equity as they see fit amongst themselves...
CheckDavid: But then I was suggested not to give any equity
CheckDavid: thestringpuller: that was e initial idea
CheckDavid: thestringpuller: provided by members? What about when coins are transferred?
Duffer1: thestringpuller I believe he's looking for funding, like IPOing with colored coin
thestringpuller: there are 8 month old pull request
gribble: Rating entry successful. Your rating of 1 for user thestringpuller has been recorded.
benkay: ;;rate thestringpuller 1 not likely to mess your day up
CheckDavid: I would like to distribute equity among the members of my website
gribble: You are now authenticated for user benkay with key 39F274AFBC7ACAC7
gribble: Currently authenticated from hostmask thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net. Trust relationship from user benkay to user thestringpuller: Level 1: 0, Level 2: 3 via 3 connections. Graph: http://b-otc.com/stg?source=benkay&dest=thestringpuller | WoT data: http://b-otc.com/vrd?nick=thestringpuller | Rated since: Mon Oct 15 18:46:37 2012
benkay: ;;gettrust thestringpuller
CheckDavid: Duffer1: not sure about the terms. But I assumed colored
CheckDavid: Duffer1: the coins should have some utility for the life of the business
Duffer1: you could visit any alt coin exchange to see the inevitable, and guaranteed, fate of all alt coins that have come before
gribble: Why I nixed p2p, colored coins and all that jazz pe Trilema - Un blog ...: <http://trilema.com/why-i-nixed-p2p-colored-coins-and-all-that-jazz>; The dork of the month award. pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/the-dork-of-the-month-award>; Women Behind Bars pe Trilema - Un blog de Mircea Popescu.: <http://trilema.com/women-behind-bars>
tg2: pretty pathetic
tg2: you can just retrieve them from there
tg2: i put them in your /dev/urandom
benkay: i think i want all those discarded keys tg2's dropping on the floor
tg2: the intel system seems fine without that crutch
tg2: this is on another system
deadweasel: punkman1: i didn't read either, i just lol'ed at conjured currency.
pankkake: well then, you *were* entropy starved
bounce: no wonder, since it is about the investor / state dispute settlement ("allow corps to squeeze backward governments") in yet another american trade agreement, this time with europe
punkman1: deadweasel: judging by the title, they barely read the paper
deadweasel: why would anybody consult the public?
bounce: how to consult the public while clearly not listening: http://trade.ec.europa.eu/consultations/index.cfm?consul_id=179
deadweasel: look at the picture!
pankkake: and as a rule, don't touch crypto stuff you don't understand, you'll shoot yourself in the foot
pankkake: anyway, my question was about /proc/sys/kernel/random/entropy_avail - if it's low then fixing *that* will make higher quality gpg keys faster
pankkake: don't know how rand() works, maybe it polls /dev/*random only once and then it's a PRNG
Apocalyptic: you're just depleting the entropy pool for no use
Apocalyptic: there are harmful
pankkake: your calls to rand() are either useless or harmful. gpg does its own thing
tg2: and at 5 keys/s, entropy generation is not the limitation
tg2: then you have sufficient entropy for gpg to operate
Apocalyptic: tg2, you're just exhausting the entropy pool then
tg2: I'll welcome some patches, this was the first perl script i've worked on
mike_c: vague recollection that herbisjustleoids is there, but not sure
cazalla: mike_c: I don't know who made the Australian bet, any other aussies here that you know of?
tg2: well i guess i /could/ make it so you had to sit there mashing your keyboard all day :D
mike_c: (the fifa one)
mike_c: they=australia
mike_c: i thought it was that they wouldn't win a game
cazalla: can anyone recommend a reputable site for sporting results that can be used for bitbet outcomes? I'm thinking FIFA.com isn't ideal atm as there as the site will likely change once the world cup starts
the20year3: If enough of our shareholders complain about the choice, i'll change it, ask havelock to change it , or not do the 2nd round, but as of this time, the shareholders I've talked to are fine with it
benkay: not allowing them to sell at the same price you are.
benkay: there are no rules.
the20year3: half of the share volume in the past week has been in the past 8 hours since our announcement, if you look at periods prior to that volume, there's almsot none
the20year3: the stock price that is moving around is being moved by guys who own a few hundred shares and have half a btc in the exchange
xdotcomm_: benkay: its the only one?
the20year3: The bulk are not trading at all
benkay: the20year3: either your investors are trading on news or they're not trading around
benkay: k there's your answer.
the20year3: The guys that have given me near $100k? I don't see them trading around stock
benkay: the20year3: this is the painful part of touching both rails at the same time.
benkay: so throw your money directly to the guy like you did with Gox.
benkay: the point is that he's allowed to sell more shares in his company at above market prices when nobody else is.
benkay: dexX7: so send your money directly to the guy - who cares?
the20year3: In our case, with the decrease of BTC:USD, the BTC value of our company goes up, because the vast majority of our assets are denominated in USD, but the BTC price doesn't accurately reflect it because the trades for the most part just trend on news
dexX7: benkay: in this case my intention would not be to buy shares but to provide funds for the issuer
the20year3: The problem is the value most of the time is arbitrary, especially with bitcoin stocks as the bulk of the value is just speculation based on whatever positive/negative news is coming out about the company
benkay: that's an irrational move, dexX7. why not just buy the shares on the open market?
Mats_cd03: add some more material to the reading list
dexX7: the following case is not possible: say everyone wants to sell, but i'm still willing to give the issuer my coins for whatever reason. non-freezed trading doesn't allow this
benkay: they're compounding this fraud by suspending the hallowed process of price discovery to entice another round of suckers into their finger-trap.
CheckDavid: dexX7: I am just looking for funding solutions in general. Being issuing and selling stock one of the potential solutions
benkay: the havelock approach is to fix a price and wait for the suckers to come by.
dexX7: benkay: what about the case that one puts up a buy wall lower than the ipo price and then undercuts the issuer? i guess that would be a reflection of "not enough buyer"?
CheckDavid: I feel a bit far away from that point at the moment
CheckDavid: I an not trying to convince anyone of any business at the moment though
benkay: if it were really worth .0075 the price would reflect that.
BingoBoingo: CheckDavid: Well these things are going to color people's reactions. Instead of getting reactively defensive note people's concerns and think about how you can correct things in the future when you want to actually do the thing you solicit advice for, if you make it too that stage.
benkay: either their paper is worth what the market will pay for it or its not
CheckDavid: You didn't mention when exchanges themselves run away
dexX7: benkay: do you think there shouldn't be a trading freeze during a funding round?
benkay: on the other hand, there's the harder and tougher path to accredidation with people not engaged in fucking people as a matter of habit in -assets.
benkay: there are all the scam hosters over there that don't require identity or anything, allowing companies like CaVirtEx to walk off with customer funds and Rentalstarter to arbitrarily halt trading so they can sell their inflated stock at some imaginary value.
BingoBoingo: CheckDavid: At some point the kind's of advice you seek might... Imply intentions about how you might use that advice...
dexX7: but "asking for money" is implied by "i want to start a business and therefore i ask about exchanges"
dexX7: CheckDavid: the point benkay is trying to make: don't ask for money, if you have no reputation nor the willingness to be "verified"
CheckDavid: Oh sorry benkay . could you please explain the point?
benkay: i guess you miss the point.
dexX7: well anyway. basically there are cryptostocks.com, havelockinvestments.com and mpex.co. if you want to scam, go to cs, if you want to reach the regular bitcointalk and reddit user, use havelock. mpex is most likely out of your reach.
gribble: WARNING: Currently not authenticated. Trust relationship from user benkay to user CheckDavid: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=benkay&dest=CheckDavid | WoT data: http://b-otc.com/vrd?nick=CheckDavid | Rated since: never
kakobrekla: but its up to #bitcoin-assets to come up with the content
kakobrekla: at least thats the idea
dexX7: the20year3: thanks again ;)
kakobrekla: mike_c i will put the curated version of the piratepad on the static b-a page
dexX7: there are. mind to share your business plan?
CheckDavid: I know there several solutions
TestingUnoDosTre: seriously though. recommended reading is a book from the Duck Dynasty?
dexX7: didn't you use the pad to send me the message "go find the submission form instead of asking"?
the20year3: I think trading is locked dexX7, the shares are just taken from the original pool of shares that we had as part of the pseudo-PPM/Original business plan's funding goals.
dexX7: afaik there is no form available
dexX7: the20year3: sorry for all those questions. in the case you do a second ipo round, i assume trading is also locked? and: from which pool are those ipo 2 shares taken? do you define a fixed number during the asset creation and sell a partion of those in round 1 and the rest in round 2 for example?
CheckDavid: Hi. I was wondering about the solutions that exist in the cryptocurrency space regarding funding startups
the20year3: They certainly exist, but i think the reward potential is much higher than the risks. We've got solid properties here in Ohio, and are getting more, and i feel that if we could add higher profit potential to the mix it would benefit the fund
mike_c: seems like a lot of counterparty risk with those partnerships. but you obviously understand the biz more than I
the20year3: Then , the other consideraiton on my end is that we have some very large investors who want to see us work on developing these partnerships moreso than just dealing with slummy properties in central Ohio.
the20year3: CREI has been wholesaling (Locating properties, selling the leads to investors) for 3 years now and has had well over a dozen profitable deals for the end investors. That's a very good track record, but his problem is the same problem that i have had since 2008 - Capital. So, we can come in as RS with just a little bit of capital, offer it to them for very, very lucrative terms.
the20year3: In the case of this CREI deal, they already have a solid candidate for a property, i've already reviewed the comps, documents and everything associated with the deal and feel it's a very good buy.
the20year3: The big barrier to entry is capital and capital management than personal experience. I know that seems odd, but if you'd talk to any REI group you'd find out that money is the #1 problem to starting out and getting good properties.
mike_c: the20year3: any comment on mp's question about the NC expansion? paraphrasing: you have advantages in ohio (namely the economics and your expertise), and how will those scale to NC?
the20year3: That's what it was for the last round
dexX7: the20year3: is there a max time how long an ipo can be active and trading is disabled for buyers?
the20year3: Additionally, if there's extreme investor outrage of the 2nd round, we'll cancel it, but as of this moment i haven't seen that.
the20year3: dexX7: I believe issuer funds are locked from trading, but the issuer can withdraw funds for whatever business purchases they have, as long as the new proceeds meet the minimum threshold. The updates are definately recommended during any ipo/fund phase.
TestingUnoDosTre: I had some good teachers, but they were few and far between
benkay: there is an element i am completely failing to address for teh style override
TestingUnoDosTre: can we just stop thinking that somehow athletes need to gain an education? Basketball players at UNC especially, keep some fine moneys flowing through the system
bounce: the thing is of course that as soon as you publish for all to see your public master key it'll have subs that were supposed to remain sooper seekrit.
TestingUnoDosTre: I have only generated one master key at the moment though, but I think it was truly a DSA elgamel pair
benkay: if you're not comfortable with the whole master key subordinate key thing and confident that you can always do the right thing, guard against "yourself as your own worst enemy" and use separate master keys.
bounce: AIUI the link goes from the master to the sub, not the other way around. but would have to dig into the protocol to figure that one out.
nubbins`: intuition tells me yes, there is
TestingUnoDosTre: aka is there a link from my no-named subkey to my public key from my master?
TestingUnoDosTre: If I created a master key with my name and email attached to it, but I want to some business anonymously. Let's just say I want to publish an anonymous blog or something. Could I generate an anonymous subkey and sign all my blog documents with the subkey, and there would be no way anyone could find my master key and therefore my name and email address?
benkay: not even bothering to sell
benkay: "someone"'s pushing rent up to the .0075 line.
dexX7: i'm not trying to evaluate the chances of creating a scam :o
benkay: dexX7: just assume you're going to get fucked, no lube. it's the havelock way.
dexX7: the20year3: could you please tell me, if issuer's funds are locked during an ipo on havelock and is it correct that buyers are unable to undercut the issuer during the ipo? are updates of any kind during an ipo allowed, e.g. a description?
gribble: http://www.urbandictionary.com/define.php?term=contrarian | contrarian. Someone who automatically tends to take the opposite point of view from the person to whom they're speaking, or to disagree with society at large ...
BingoBoingo: tg2: 2048 is probably the minimum reasonable size
tg2: syria, home of the brave.
tg2: land of the free
tg2: yeah if I was syrian and didn't live in syria the first thing I'd do is high tail it back to syria
gribble: The bot responds when you start a line with the ! character. A good starting point for exploring the bot is the !facts command. You can also visit the bot's website for a list of help topics and documentation: http://gribble.sourceforge.net/
Mats_cd03: i hope they canceled their life insurance policies
Mats_cd03: who the fuck invited the finns to a civil war?
the20year3: THat's a good question benkay, i'll need to check into it, but I assume the answer is yes
ozbot: The Finnish Foreign Fighter Contingent in Syria | Combating Terrorism Center at West Point
gribble: http://www.urbandictionary.com/define.php?term=goxxed | Jun 26, 2011 ... goxxed. The act of being screwed by an online merchant, specifically due to the merchant being incompetent and amateurish. Derived from the ...
gribble: Doxing - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Doxing>; Dox - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Dox>; Personally identifiable information - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Personally_identifiable_information>
benkay: the20year3: will you be allowing existing rent stockholders to sell their shares at 0.0075 as well?
kow: tg2, I've been busy and other people took over the dev :(
gribble: http://www.urbandictionary.com/define.php?term=broscience | Broscience is the predominant brand of reasoning in bodybuilding circles where the anecdotal reports of jacked dudes are considered more credible t...
gribble: http://www.urbandictionary.com/define.php?term=dox | Dox, or being doxed, in terms of online forum sites, is the physical equivalent of being butt-raped irl. Just as all the greats have, when a person is "doxed", ...
kow: tg2 I sold some BTC to a dude in mcdonalds yesterday, the guy knew NOTHING about it, didn't even know how to confirm my deposit, said he's been buying half a BTC every week. I think I met a BTC prepper.
benkay: the20year3: and freeze trading on the new asset to support your new imaginary valuation?
the20year3: I could very well be wrong about how HL is handling it, i made the assumption (right or wrong) that they treat it as a new IPO
tg2: bro GPG up or else who the fuck are you anyway
tg2: k\o\w, can you ;;rate me then
kow: tg2 is a liar I met him irl he is like 300lbs, poor, and doesn't leave his apartment which is just full of stacks of old books and empty stouffers containers which he's saving for the points
tg2: "Putting the welfare of the Nation and commitment to our mission before oneself." .... for $120k.
tg2: likely the previous occupant was the opposite
tg2: seems to me that offering a salary that pathetic to somebody in that position is either a sign of an incompetent office in the event they're looking for somebody competent, or of a smart one if they're looking for a patsy/puppet
Mats_cd03: hahahaha someone in the DIA got shit-canned over ukraine
TestingUnoDosTre: I may or may not have worked for the company for a couple years and amassed to much of a concentrated holding due to putting 10% of each pay check into stock options
TestingUnoDosTre: or theoretically be able to l)
ThickAsThieves: pull the log and read it again if you want re-experience it
ThickAsThieves: the 3M was discussed already no need to rehash
TestingUnoDosTre: lol of course not, but the berkshire bet didn't start out with 1k btc
TestingUnoDosTre: or at the end of may
TestingUnoDosTre: yes. the bet was stated that the ratio of MMM to BTC would stay above .2 until may or something of the sort
mircea_popescu: TestingUnoDosTre i vaguely recall some discusison re a 3m bet a month or so ago, was this the same one ?
TestingUnoDosTre: MP, I tried making a bet on 3M that was worded very similar to the berkshire one, and the mods rejected it because it was outlandish
mircea_popescu: "x y z will happen, here's the link to it measured"
mircea_popescu: generally, you want the bet well specified.
VanCleef: i can list who else is in the group
mircea_popescu: can you list the matches ?
VanCleef: i'm sure fifa.com keep scores on their website
VanCleef: i want to bet that Australia wont win one single group match for the fifa world cup
Mats_cd03: the next day i woke up early and had an XL jar of skippys...i temporarily replaced blood with peanut butter for a few hours
mircea_popescu: and the 1year berkshire based btc bond just went to 3%
mircea_popescu: try taking 100k out of your savings, buying gold bricks and driving them to mexico.
asciilifeform: they don't sell this in shops around here
Mats_cd03: turkey: the inferior chicken
ThickAsThieves: didnt they do an 'audit'?
mircea_popescu: asciilifeform sure you are, because they CLAIOM to be convertible
VanCleef: thenext china rumor ;)
ThickAsThieves: i see no reason to disrupt the live orderbook
ThickAsThieves: that would effectively recreate the situation you are going for
asciilifeform: in the u.s. in general, people with money (but not quite a 'fortune') who want to rent something nice vs. playing debt games, are a bit of an under-served market.
Mats_cd03: i think the confusion here lays with the recent depreciation of btc/usd and the capital RS actually needs to be denominated in usd
ThickAsThieves: where there is no orderbook
ThickAsThieves: is the tranche will be sold through "IPO" feature
mircea_popescu: ThickAsThieves do they actually do this as ppl claim or not ?
ThickAsThieves: <the20year3> HL will automatically suspend all buy orders under .0075, so all buys have to go in at .0075 //// dafuck?

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