benkay: don't think there's much 'kinda' about davout's operation.
benkay: i'm thinking sample frequency as indicator, nubbins`
benkay: that'd be the difference between an investor and a trader.
benkay: my sample rate is like 1/week
benkay: no idea, i don't watch the price
benkay: coins on sale, coins on sale
benkay: you know what's hilarious? biking on six inches of snow is hilarious.
benkay: good morning
benkay: enjoy your lifetime of servitude to the state
benkay: good night gents
benkay: that storing it in physical gold is preferrable to storing it in bitcoin.
benkay: if you think like that you have much learning to do.
benkay: you cannot have your cake and eat it too.
benkay: they are antithetical to one another.
benkay: you straddle two worlds.
benkay: hold btc and let it be your risk holding
benkay: do
benkay: maintain your fiat investments the way you normally od
benkay: realize your gains in btc.
benkay: forget about realizing your btc gains in fiat.
benkay: that is not a problem any more.
benkay: your problem is not in repatriating btc into fiat.
benkay: well dump it into 4x via bit4x for one
benkay: chetty: refusing to embrace the future will be the death of many things. apple is on that list.
benkay: and why do it all at once?
benkay: do you not have the resources to pull it off?
benkay: what, does 10k CIH make you uncomfortable?
benkay: well yes, one must always sacrifice convenience on the altar of security. be it security from rogue computers or security from rogue regimes...
benkay: ah convenience
benkay: only if it hits your bank, right?
benkay: and you *can* sell those btc for cash in hand, right?
benkay: you'll get btc out, right?
benkay: this will impact some trading strategies for sure.
benkay: well trade btc assets! tax free for 2003!
benkay: ha 0.00062792 would be where i caught that knife
benkay: 0.00063 according to my books
benkay: just a month ago, bottomed out at like .69 iirc
benkay: mhm
benkay: so the spike at 400 is a crazy swing in price 400 ticks ago?
benkay: that'd be you, right Vex?
benkay: hm
benkay: although i have no idea what an OHLC bargraph is
benkay: reasonable
benkay: okay, so how do we get from that graph to "that vol spike would be very hard to handle as a trade"?
benkay: okay, still with you.
benkay: why not time-normalize?
benkay: ah
benkay: yup
benkay: would you be so kind as to explain a little?
benkay: i have no idea what twenty-tick standard deviation of twenty tick log normal returns means
benkay: herbijudlestoids ^^
benkay: need more context. what is the index axis?
benkay: how does this indicate imr to be unsafe?
benkay: ;;later tell asciilifeform http://www.greenarraychips.com/ the greenarray chips begin to approach your dream of computation fabric. they're obviously lacking in some important area, but i'll have to ask you about that later.
benkay: thank you, captain obvious.
benkay: my partner recently went out for lunch with the gentleman who came up with Forth. he apparently cut his teeth hacking into satellites, implementing Forth with their op codes and then deploying better-than-launched-with flight control software.
benkay: and we've all seen how you play chess
benkay: dude you do not have children
benkay: baby doll doesn't even care terribly, and boy does she put out when she gets jealous
benkay: I am fucking the nanny!
benkay: macy's fucked up their cerrrrt
benkay: hey you guys you guys check out https://macys.com
benkay: talk to kakobrekla he's had some luck mining and acquiring mining hardware
benkay: Delivery Date -- This is a PRE-ORDER, now on Batch 2 Round 1, all further orders are available for dispatch Late April 2014.
benkay: uh
benkay: well a) it's a pre-order
benkay: ah
benkay: never run out-of-spec?
benkay: un touched?
benkay: is it new in box?
benkay: no, implying it's on its last legs.
benkay: implying that the man in question simply doesn't know that he's dead yet.
benkay: "dead man walking"
benkay: ...
benkay: now there's a thought - downcycle worn-in BTC asics on the altchains...
benkay: i suspect it's a dead box hashing.
benkay: probably worn in harder than a bike that's been to burning man 5 times with 3 different owners
benkay: well i'm intrigued to hear what you have to say but i suspect the long and the short of it is going to be 'unless you get the hardware or juice at a discount the breakeven is never'
benkay: no no no no
benkay: i'm mostly curious about how other web-tech consulting operations break out pricing
benkay: best of luck, i'm sure you'll all do well for yourselves.
benkay: nah its great
benkay: i'm not precisely hiding from anyone, you see.
benkay: benkay@gmail.com
benkay: i'll grill you about your biz all night, friend. i just hit a wall on this thing and ran out of brain at the exact same time.
benkay: are you some sort of vine-swinging operations wizard or something?
benkay: plz.
benkay: SHOW ME YOUR PRICE SHEEEEET
benkay: what are your prices?
benkay: virtualization as a service?
benkay`: what's a small company doing hosting big virtualized operations?
benkay`: what with your charts etc
benkay`: well you've stuck around for more than three days and might be worth getting to know ;)
benkay`: hey herbijudlestoids you're some sort of quant, correct?
benkay`: not.
benkay`: it's SO MUCH FUN to be technically correct in a room full of hipsters, and similarly great fun to say it the way the rest of the world does in a room of nerds.
benkay`: i say it whichever way will least derail local conversation.
benkay`: ;;later tell mircea_popescu now for a tcp test harness. on one hand, 'yak shaving'. on the other hand, things worth doing are worth doing well.
benkay`: as in someone drops it at your residence
benkay`: fuel drops too?
benkay`: how'd you manage to get online?
benkay`: hi kakobrekla. power and water ok?
benkay`: what's the grand total of rentalstarter sold?
benkay: come on pankkake. alt-coin broker to the stars.
benkay: would you be so kind as to run my alt-books as well, pankkake?
benkay: i'll take some alt.
benkay: 'cause irc
benkay: of course your customers are old women.
benkay: amigo of mine runs a small game studio. they outlay 10k/mo on fb ads and do quite well for themselves.
benkay: if you have the right biz, chipug it works well.
benkay: next they'll be telling us what the real value of pepsi stock is in dollars, and how many dollars can buy a btc.
benkay: the20year: how long do you expect this IPO to take?
benkay: i'm in.
benkay: alien drugs!
benkay: you expect to convince me the difficulty will decrease.
benkay: like a perpetual mining bond's value going to zero.
benkay: it's not a risk, it's a certainty.
benkay: ipo page shows 48953 units outstanding, havelock announcement email mentions 78534. what the ever loving fuck.
benkay: that
benkay: i'm interested to see what happens when divs fail to match btc appreciation.
benkay: ;;calc 78534 * 0.0055 * 750
benkay: wat
benkay: ;;ticker
benkay: ;;calc 78534 * 0.0055
benkay: placebo?
benkay: bah ipos
benkay: is anyone offering RENT for shorting?
benkay: cye is everything that is wrong with america
benkay: in any event, we now have a test case for "you can raise it but you can't spend it".
benkay: ah
benkay: lame.
benkay: havelock doesn't report tick direction to assbot?
benkay: la piscina esta cerrada
benkay: buenos dias amigos
benkay: maybe i better dig into the satoshi emails or something.
benkay: leastaways horribly specified on the wiki
benkay: do you know what's a horrible protocol? the bitcoin network protocol. that's a horrible protocol.
benkay: lol mpbonds risk free
benkay: sometimes a heavier factor than other times.
benkay: yes. that is a core valuation principle.
benkay: herbijudlestoids: no naked shorts on MPEx.
benkay: "ATTENTION ALL MINNOWS. POOL IS CLOSED."
benkay: dat average withdrawal size lol
benkay: how would they go about pretending to clear them?
benkay: dunno man ask a speculator
benkay: gox is falling apart and everyone's trying to cover?
benkay: ;;ticker --market btcavg
benkay: good evening
benkay: dumb and dumberer.
benkay: if you're upset about apple not allowing bitcoins on the iphone, you understand neither apple's business models nor bitcoin.
benkay: eh i wouldn't worry about competition. instead, focus on landing clients, making them happy and taking their money.
benkay: sounds like a great model
benkay: anyways, thanks for enduring my pitch, -assets.
benkay: there is a clear need for networks that route around governments.
benkay: my ass
benkay: There is a clear need for governments to be able to hold internet users accountable for their actions if they are engaged in performing or supporting illegal activities.
benkay: first thing we typically do is set up infrastructure, CI and low-friction deploys.
benkay: ka yikes
benkay: there is a php fee tho :(
benkay: that said we can always manage a project and assemble a team for the right price.
benkay: company line on php is "we're only interested in the project if the client is prepared to make a large investment in moving away from php"
benkay: phpbrekla's your man for that
benkay: what's the stack?
benkay: ouch
benkay: what are you curious about?
benkay: is there something specific to the online education software domain that's not applicable to general webappery?
benkay: i've played with plenty.
benkay: anyways, we have availability for other projects.
benkay: thanks! the owner did the wires and we implemented it.
benkay: there was enough risk in this project that 1.6 made me uncomfortable and i stopped the upgrade at the release that bought us the features we needed.
benkay: oh yeah, did i mention the stack automation and rearchitecture?
benkay: 1.4 was necessary for some particular features, i forget what precisely. chose to not go all the way to 1.6 to mitigate risk.
benkay: distributed fulfillment
benkay: the next development iteration is going to focus on putting a 'buy' button next to each plant, redesigning the remaining pages that look like they're from 2006, taking people's money when they do click buy and turning into a plant on their doorstep, using the 56+ nurseries the site owner already has relationships with for distributed development
benkay: we dragged the frontend kicking and screaming into 2014, dragged an ancient django application from 1.2 to 1.4, delivered myriad performance improvements totalling in excess of 10x across the whole stack, and implemented distributed work queues to decrease the risk of large data processing jobs
benkay: you're
benkay: in case your curious what kind of work i do, client number one just cut over and emerged from embargo
benkay: dudes does anyone know where the initial peers are stored in the litecoin codebase?
benkay: .bait
benkay: ozbot is back!
benkay: http://www.bikeshopliquidators.com/p-34111-fat-cruiser.aspx?utm_source=GoogleShopping&utm_medium=cpc&utm_campaign=AllProducts&gclid=CPOluJuxuLwCFZRsfgodezsAEg
benkay: i love bikes
benkay: nubbins`: are you a cardio guy?
benkay: man fuck a gym. just keep free weights at your house and fuckin' use 'em.
benkay: yes well this is the world in which we live, asciilifeform. people can't grep source and depend on web apps to make altcoins from them.
benkay: it was crystal clear.
benkay: nubbins`: it's a perpetual mining bond. pay btc now for a thing that becomes rapidly more useless.
benkay: that's part and parcel of the story, asciilifeform. he didn't pay for the source.
benkay: how was vm a failure?
benkay: what is this shocking lack of foresight?
benkay: how are you going to do that?
benkay: you've done nothing
benkay: it's fine
benkay: just because the signal is loud and clear today is not a reason why it should remain that way.
benkay: not hardly. it's more along the lines of "seeing clearly in the fog is difficult", nubbins`. not "everything is foggy so fuck it".
benkay: there is only noise in the universe. moments of signal are rare and unusual and vanish rapidly. thermodynamics at work.
benkay: but "good money drives out bad", asciilifeform. every local government can print their own fiat, demand taxes in their own shitcoin, and all of the wealth will stay in bitcoin.
benkay: asciilifeform: would you elaborate on how cranking out altcoins will do *anything* to bitcoin?
benkay: everything is a scam
benkay: is running a gambling house a moral operation, nubbins`?
benkay: even if there is a mining breakthrough, the compute deployed against alts couldn't save bitcoin...
benkay: also the n-coin game will go forever
benkay: why would you change the port number?
benkay: teach some firearm use, let the idiots die.
benkay: yeah but that's the "kids are going to hurt themselves with guns" argument
benkay: cash out, obviously.
benkay: it'll be interesting to see if clients built from the regenerated source code will be able to talk to clients in the wild
benkay: ah well i'm giving the wrong instructions anyways. it's a bit obfuscated: https://github.com/dogecoin/dogecoin/blob/master-1.5/src/main.cpp#L3141
benkay: if you had the source for alt you could ack "magic" and find it pretty quickly
benkay: magic value is a part of a header sent between nodes. genesis block is the root of the merkle tree.
benkay: no.
benkay: a client being the Satoshi implementation or bitcoinj or multibit w/e
benkay: in this case network referring to the network of nodes broadcasting and verifying transactions
benkay: ThickAsThieves: the "magic value" is a header in the protocol that identifies which network a client is a part of
benkay: also i know this is an oldlink but it still delivars chuckles: http://kimitsuassetmanagement.com/
benkay: what's the Altcoin magic value?
benkay: but running a full satoshi client for each chain is a little, ah, shall we say wasteful.
benkay: so basically it should be trivial for anyone to accept any altcoin
benkay: BingoBoingo you ain't makin no sense no mo
benkay: who buys mg and not bbet? one throws off divs.
benkay: missing bbet
benkay: business as waterwheel; water must flow. business must come through the operation. if business is a whole bunch of metalworking work, then wallets can be a small fraction of the biz and still work. if biz throughput is just wallet engravings, well, that sustains a much smaller operation.
benkay: well you gotta operate it, keep lights on, run a business you know.
benkay: subtle distinction that these programmerrers will never get.
benkay: wallets might make a nice revenue stream for a fab shop, however.
benkay: you're not going to run a fab shop on wallets.
benkay: business model, likely.
benkay: wow they actually murdered people to cover up the bank malfeasance
benkay: in that paid for with scam or doctored photos?
benkay: scam lambo? what?
benkay: buh kill ring
benkay: Namworld herbijudlestoids how do we profit off of all this incompetence?
benkay: Namworld herbijudlestoids how do we profit off of all this incompetence?
benkay: derpy web app developers match orders manually? don't make me laugh, herbijudlestoids
benkay: vexual i didn't know you were a seeed fan
benkay: whats up mah neeeeeg
benkay: asssssses
benkay: bread and circuses.
benkay: beyond my pay grade, mate
benkay: it's a fact of life
benkay: who cares
benkay: unless freenode is under ddos
benkay: it'd be boring if we all agreed all the time
benkay: disagreement is the heart of discourse