asciilifeform: BingoBoingo: not sure if 'informative' is the word, but educational, perhaps.
cads: I think I could see that the family of stopping times of a given process might let us create a filtration that other processes could be adapted to.
cads: I'm wondering where does the filtration come from to begin with.
cads: hey mircea_popescu, is there a simple terms explanation for what it means for a brownian process B(t) to be adapted relative to a filtration F_t? I understand that it means that for each t B(t) is F_t measurable, that is, B(t) is always fully measurable against the data F_t carries. In particular we do not require events available only to some future refinement F_s of the filtration.
mircea_popescu: http://log.bitcoin-assets.com/?date=25-02-2014#531372 kako srsly, still with the motherfucking quotes ?!
mircea_popescu: hehe writing an article right now, knee deep in the clouds and whatnot.
BingoBoingo: I'd go to all of the Toga partys in the Midwest and get all of the well entitted 19 year olds
BingoBoingo: SInce we are pricing for the impending baseball seasons lets assume no threads, all Chamois
nubbins`: i'd have to price the sheets, what sort of thread count does sir require?
BingoBoingo: nubbins`: Ans what if we skip the T-shirt and print on fancy bedsheets for a toga instead?
nubbins`: call it an even $150 and i'll print you extras out of the change
BingoBoingo: nubbins`: A Bulldozer, fuelled by whiskey and regret. I'm not ordering until baseball makes the money, but I need a goal to bet to.
[\]: now the ideas been hatched
jcpham: sell it back ot them
[\]: do they accept bitcoins and allow me to make a large markup?
jcpham: but you can crowd fund the hirt
jcpham: same thing as the thing you were doing
jcpham: for the shirt
Mats_cd03: would you be my father
BingoBoingo: I though they had Pirate's dollars, because I remember his runaway fail halving value from two digit USD to one digit USD
BingoBoingo: -assets will get all of the links
joecool: dexX7: not the channel i'm talking about :)
dexX7: joecool: it's silent, because the channel is muted
Apocalyptic: ""At this stage the relevant financial authorities, the police, the Finance Ministry and others are gathering information on the case,""
joecool: in the past day or so
joecool: MT is still sitting in there
joecool: it's funny how small and quiet the support channel is for it too
BingoBoingo: mircea_popescu: That article is part of the bit I am trying to get on slashdot nao
mircea_popescu: joecool lol amusingly i think i wrote last year about how mtgox is the one single worst thing in btc.
joecool: ;;rate MagicalTux -9 the single largest contributing factor to negative press on bitcoin and the lack trust of the community, not -10 because kalyhost hasn't burned me yet and I have a bet riding on you going to jail
gribble: The operation succeeded.
nubbins`: mention about that guy sudelis or whatever redacting the pdf himself
gribble: You rated user mtgox on Sun Nov 24 23:57:46 2013, with a rating of -10, and supplied these additional notes: sucks.
gribble: WARNING: Currently not authenticated. Trust relationship from user joecool to user MagicalTux: Level 1: -3, Level 2: 4 via 3 connections. Graph: http://b-otc.com/stg?source=joecool&dest=MagicalTux | WoT data: http://b-otc.com/vrd?nick=MagicalTux | Rated since: Mon Dec 20 13:21:21 2010
ThickAsThieves: ;;rate MagicalTux -10 Caused my father-in-law to call my wife worried about whether I got out of bitcoin before it died.
Jere_Jones: I'm still fighting with the configure. I have to add a line to touch a file every couple hundred lines because windows is dumb about empty sets.
BingoBoingo: Thanks nubbins` almost there indeed
nubbins`: almost there tho :D
Apocalyptic: Bugpowder, nothing on their website
KRS-One: hey im in there
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
BingoBoingo: ;;rate TradeFortress -5 scammed, dunno if defaulted or robbed, but lost other people's coin
ozbot: Just-Dice From the Beginning - Btc Alpha
BingoBoingo: Nothing of value has recently happened on a Friday or Saturday other than Altcoin's unveiling
punkman1: "I barely have enough time to eat dinner, shower, and get online to research new cryptocoins to invest in. I have no social life, but this is of my choosing because I can't be bothered to socialize and waste money on a few beers and hang out with friends/women"
BingoBoingo: chatquack: You are very welcome. Remember to scroll up and vote on the slashdot submission
BingoBoingo: I took most of my balance out of there. They are cutting down on their offerings a lot. No serious concerns yet, but be careful.
Apocalyptic: there is a strong trust link between mircea and MagicalTux btw
ozbot: A Reminder – The Most Important Word in Bitcoin, Again because Gox | Bingo Blog
BingoBoingo: http://www.thedrinkingrecord.com/2014/02/25/a-reminder-the-most-important-word-in-bitcoin-again-because-gox/
BingoBoingo: At least the children who follow him on twitter now know which strike zone he finds most important though.
BingoBoingo: A team looking to invest tens of millions over a decade on a 22 year old who can throw a ball hard can't keep one of their bulls from filling their twitter wall full of white girl vaginas
ozbot: The Cardinals Are Very Embarrassed By Carlos Martinez's Wall Of Porn
BingoBoingo: asciilifeform: Even very guided cattle can walk through gaping holes http://deadspin.com/the-cardinals-are-very-embarrassed-by-carlos-martinezs-1530572369
asciilifeform: afaik, gox is japanese solely in the geographic sense.
BingoBoingo: Well, If the US media was really that effective at promoting trends from Japan I would expect more emergency room visits from squid and octopus related injuries of the genitalia. Alas...
asciilifeform: and now that it's dead, they will be sure to send the cattle directly to whatever replaces it in scamspace.
asciilifeform: the u.s. media of whom gox is arguably a creature.
asciilifeform: BingoBoingo: the people who by all rights ought to be taking some heat, but aren't, are the enablers.
BingoBoingo: The more you read on GOx the further you push pack the date where red flags became evident in retrospect.
d34th: you endure for a sweet reward at the end
d34th: i learned by putting my hand near and feeling the heat
BingoBoingo: It is still new ages, but this week a lot of people who though they were "in" Bitcoin realized they never stopped being n00bs in spite of having been around for the great silk road bubble of 2011
lnovy: these are still new ages...
BingoBoingo: lnovy: No. If anything the actual Bitcoin public has shrank considerably since the fall of 2012
BingoBoingo: I don't think Mark did much other than Highlight why PHP should never touch commands passed to a bitcoin deamon (hopefully not bitcoind for too much longer)
dub: the only thing japanese about gox is tux' dirty panty collection
BingoBoingo: Well, the gox premium was worth an inability to withdraw fiat, the gox discount is worth an inability to withdraw BTC. The discount won in the end because People want BTC moar. Free markets at work.
MisterE: guess that was what the Gox premium was worth
MisterE: never get shit from the Japs
BingoBoingo: MisterE: Post I linked though was me telling them to get a time machine, because Gox's death should be the 11th least surprising thing in Bitcoin this year.
ThickAsThieves: in response to "I believe this is evidence of the social movement we're witnessing." (re: destroying iphones)
TomServo: I was surprised to learn the gold coin find already had a website (saddleridgehoard.com)
BitcoinPropagand: The posters are 18x24"(46x61cm) printed in the best quality and shipped to anywhere in the world for $30
BitcoinPropagand: Hey we're raising money to keep making more awesome bitcoin posters, you can check the campaign here: https://www.startjoin.com/bitcoinposters and the designs here: http://bitcoinpropaganda.blogspot.com
davout: kakobrekla: oh someone found the stamp engine
ThickAsThieves: <benkay> you'd be well served by actually reading how they work, ThickAsThieves /// i dunno about well-served, but okay
benkay: you'd be well served by actually reading how they work, ThickAsThieves
BingoBoingo: In other news 'Murica scraps extremely effective tool in favor of Vaporware http://arstechnica.com/tech-policy/2014/02/dod-aims-to-scrap-a-10-to-keep-f-35-alive-in-new-budget/
BingoBoingo: Eh, We'll make offers to the next person who wants a Macbook Pro
BingoBoingo: Horseradish seems perfect for this purpose, a bit of a step up on the intensity http://www.photo-dictionary.com/phrase/2281/horseradish.html
gribble: Figging - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Figging>; Urban Dictionary: figging: <http://www.urbandictionary.com/define.php?term=figging>; tacit: BDSM: Theory and Practice of Figging: <http://tacit.livejournal.com/225189.html>
BingoBoingo: mircea_popescu: Seems like a better alternatives to the peppers, Prolly spec any actual offers though to use horse radish rather than ginger for the thick root
thestringpuller: so just listen to the people who know what they are talkinga bout, don't play into the huxley mentality
thestringpuller: the government gets it wrong
thestringpuller: the media gets it wrong
BingoBoingo: mircea_popescu: There are also offers for them to try gingering for the buttcoins https://en.wikipedia.org/wiki/Gingering
mircea_popescu: thestringpuller yes but in typical commie style, the evil empire is trying to turn things around
thestringpuller: mircea_popescu: you already predicted the collapse of MtGox for those very reasons
mircea_popescu: the us government, it's agents and assigns are cordially invited to go suck an onion.
mircea_popescu: because such attacks are difficult for ordinary people understand. I have trouble understanding your proposal - ordinary users will be easily bamboozled by a government sponsored security update. Further, when the crisis hits, to disagree with the line, to doubt that the regulators are right, and the problem is the evil speculators, becomes political suicide, as it did in America in 2007, sometimes physical suicide, a
mircea_popescu: r, more serious, and more disastrous, as with the most recent one. Each attack is hugely successful, and after the cataclysm that the attack causes the attackers are hailed as saviors of the poor, the oppressed, and the nation generally, and the blame for the the bad consequences is dumped elsewhere, usually on Jews, greedy bankers, speculators, etc, because such attacks ar
mircea_popescu: The big and easy government attacks on money target a single central money issuer, as with the first of the modern political attacks, the French Assignat of 1792, but in the late nineteenth century political attacks on financial networks began, as for example the Federal reserve act of 1913, the goal always being to wind up the network into a single too big to fail entity, and they have been getting progressively bigge
mircea_popescu: y find easy money too seductive, and S. 190 goes down in flames before a horde of political activists chanting that easy money is sound, and opposing it is racist, nazi, ignorant, and generally hateful, the recent S. 190 debate on limiting portfolios (bond issue supporting dud mortgages) by government sponsored enterprises being a perfect reprise of the debates on limiting the issue of new assignats in the 1790s.
mircea_popescu: Then knowledgeable people complain that the evil financial network is heading for disaster, that the government sponsored enterprises are about to cause a “collapse of the total financial system”, as Wallison and Alan Greenspan complained in 2005, the government debates shrinking the evil government sponsored enterprises, as with “S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005″ but the
mircea_popescu: Government sponsored enterprises enter the business, in due course bad behavior is made mandatory, and the evil financial network is bigger than the honest financial network, with the result that even though everyone knows what is happening, people continue to use the paper issued by the evil financial network, because of network effects - the big, main issuers, are the issuers you use if you want to do business.
mircea_popescu: egitimate, law abiding industry partners to row the boat into law abiding waters.
mircea_popescu: As any industry matures it will face growing pains and there will be individuals who believe they can use the fog of uncertainty to cover up their follies. When it comes to policy, it is the responsibility of the federal government to steer the boat, not row the boat. Our Committee will continue to work closely with relevant U.S. government entities to steer the boat away from nefarious actors - and its up to l
mircea_popescu: My staff is working closely with relevant federal agencies to determine what lessons can be learned from this failure to help ensure this does not happen here in the United States.
mircea_popescu: anyway, let's compare and contrast for the permanent record :
ThickAsThieves: well the gov is in a perpetual state of release
BingoBoingo: cads: It is da rather than dat
mircea_popescu: for your protection, obama govt abolishes the s on verbs.
mircea_popescu: i guess no further need for grammar
mircea_popescu: " Today, Homeland Security and Governmental Affairs Committee Chairman Tom Carper (D-Del.) release the following statement"
mircea_popescu: and geometric brownian motion is a rather general case of stochastic process. it fits a bunch of natural phenomena.
thestringpuller: so at what point does the bot start quoting?
mircea_popescu: so how's the turing point coming along
BingoBoingo: MtGox has barely moved S.MPOE I guess it was much less important than either OpenBSD Charlie Shrem's bong
benkay: the best way to keep people who shouldn't be playing with dangerous financial instruments from doing so is to just disallow them from it. this is the MPEx model.
twizt: and the banking system is any better
gribble: The operation succeeded.
jurov: and the situation will be very closely monitored, don't forget!
ozbot: Mt.Gox: Decision was made to close transactions for the time being
Urushiol: people putting funds in securities for the expected decline?
twizt: the most unsecure crap ever
ozbot: The Incompetence of MT GOX-How it all began - Imgur
ozbot: Apple issues fix for major security flaw on OS X | The Verge
ThickAsThieves: http://www.theverge.com/2014/2/25/5446534/apple-patches-ssl-security-vulnerability-osx
cads: but when it comes to what actually creates the knowledge of the history, we have a brownian motion.
cads: What gets me is that the other assumptions, like no arbitrage or market friction. seem reasonable and we might expect to weaken the assumptions later.
cads: so I guess this leads to efforts to quantify and estimate the actual brownian "volatility" in a given stock, given past observations.
cads: but one of the basic assumptions of the black scholes options valuation model is that the stocks are geometric brownian motions.
cads: I'm looking at the definition of geometric brownian motion as the sum of a normal brownian motion and a drift function, and I'm having a hard time believing it actually lets us model real world stocks.
cads: I have a question about the basic black scholes model
pankkake: also, the java flaw, for months
pankkake: apple left the "get your phone rooted by a pdf" bug open for a month, so, nothing new
BingoBoingo: MagicalTux has gone to the Moon where he hides in exile with the Doge creators, Trendon Shavers, and Usagi
moiety: :) lol and nope the world is not less crazy today benkay!
benkay: is the world less insane today, boys?
nubbins`: [14:14:05] <nubbins`> had some issues with the Breakpad stuff so ended up commenting it all out for now
moiety: nubbins`: i think they have died from laughing at gox
ozbot: The Evolution of Protest: The Bay Area Has Been Shaped by Dissent, But No One Can Stand in the Way o
ThickAsThieves: educating the populace is a thankless, stress-inducing task
thestringpuller: as an experiment to see if he can educate the local populace
ozbot: A brief history of the DOW jones - YouTube
pigeons: its an exaggeration on the supposed oppression of skateboarding
thestringpuller: i didn't know about the beastie boys until 2002
pigeons: not should. its a saying from the 80s
thestringpuller: because they don't skateboard
dexX7: speaking of us bitcoin business. i'm somehow impressed about circle. came out of nothing, did nothing till now, but allaire participated as witness at the senate hearing, they joined the circle against gox etc..
davout: they report 500 BTC volume on bcharts
davout: neither is coinbase strictly speaking
thestringpuller: the 3 c's
thestringpuller: there are already 3 us exchanges
ozbot: imgur: the simple image sharer
ThickAsThieves: i don't think it's got a strong enough signal in all the altcoin noise
jborkl_: the price was getting hammered and volume was getting thin, so take what you want from that
jborkl_: I was on RTBTC trading when they locked it - it was exactly 8:00 on the dot my time - roughly 15 minutes later they took down the site (if you tried to trade it said trading disabled)
jayk: mtgox probably had been cashing out coins all along til they ran out
Apocalyptic: they have put a ... useless annoucement
taub_: what the fuck
cazalla: he doesn't look the type to be willing or capable to rough it out for a bit
Jere_Jones_: This whole thing makes no sense unless Mark decided to run and the rest of the team is trying to pick up the pieces.
ThickAsThieves: In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.
ThickAsThieves: people are so dumb, i have 3 voicemails from a webhosting client asking for my email address, my domain for the business is literally just a logo and an email address
ozbot: SecondMarket to launch first U.S.-based Bitcoin exchange - The Term Sheet: Fortune's deals blogTerm
ThickAsThieves: if you then search gox.com it says it's for sale
jurov: you have seen the gox truck?
ThickAsThieves: this gif will stand the test of time
ColdHardMetal: the dead Karpeles bounce.
deadweasel: how can you turn when you've smashed into the pavement after a freefall?
ThickAsThieves: looking like the doc is real
cazalla: it wasn't back in the day
azi`: i would assume they'd had to run at this point already?
jurov: like, what do they say?
azi`: even karp appears to be on the chan
azi`: i am somehow fascinated that they still keep support on irc
jurov: i took the litecoin one
cazalla: glad i took the gox out of business 2014 bet now
jurov: oh they were already doing it
cazalla: maybe they'll do a bitinstant - we'll be back any moment
jurov: like tradehill? i can see them trying, but dunno
cazalla: karpeles goes out the back door, new outfit in through the front, relaunch on gox.com and play the typical we are not taking on debts and only bought the assets line
cazalla: i guess the new investors assume that whatever amount of goodwill is left in the brand is valued at more than what they are paying
deadweasel: they need to commit hara kiri
jurov: because they are bitcoin
Mallstromm: deadweasel: don't underestimate the general level of retardness
cazalla: deadweasel: people will line up to use it, that's the sad thing
deadweasel: are they really going to try this rebranding bullshit?
Mallstromm: I mean... I also have like 0.0004 (or something like that) left on Gox. Probably 500 coins feels the same to Erik :D
Mallstromm: jurov: TheKoziTwo has wired $100k to Gox just two days ago
deadweasel: in the bitcointalk forums too
deadweasel: afaik, this chan has told people about the fractional reserve system repeatedly.
Mallstromm: but as soon as I buy the coins I'll transfer directly to cold storage. Daytrading is really not worth it IMO
Mallstromm: or, when I want to buy: just today I wired quite an amount to both Bitstamp and Kraken. I'm betting on a shitstorm happening in the media, noobs panic selling and thus I'm ready to buy all the sub-$500 coins I can
Mallstromm: I just send the coins to the exchange when I reach my profit-taking targets - to sell them for good and to withdraw the fiat immediately
Mallstromm: jurov: well, daytrading is risky business indeed. I only daytraded during my "accumulation" phase. Now 90% my funds are in deep cold storage and 0% of them are on third-party services.-
Mallstromm: what I can tell you is that as soon as I had a +6 weeks delayed withdrawal I left for good. I didn't give them a second chance. There's really no point in risking your hard earned money when the insolvency signals are so strong
Mallstromm: jurov: seame thing about withdrawals, I had "trusted" status and everything went smooth (and by smooth I mean deposits that arrived to my bank in 2 days) until they weren't
Mallstromm: jurov: fuck. I've done at least a dozen deposits to Gox, a couple of them 6 figures of EUR -> and they arrived within one week
the20year1: and in the past year?
Mallstromm: but as soon as the red flags are raised... Its just stupid to risk your hard earned money.
Mallstromm: I meant, I was a VERY happy Gox customer. I've bought hundreds of coins on there, sub $10. I have wonderful memories of Gox
Mallstromm: Having funds on gox was like playing russian roulette. The risk was huge, and what was the reward?
Mallstromm: but I can understand some noob would just send them the money. But people that has been around for months? How come they have been caught with their pants down?
Mallstromm: cazalla: I do believe that there is a small amount of noobs/newcomers who probably just wired money to Gox because it was the best known exchange. I would have researched in forums, etc. as I did when I bought my first coins in 2012
cazalla: i really hope they did get ganked for 750k coins
Mallstromm: if you need people to wait 6 weeks before paying them... Is because you have cash-flow problems and you need to cash in before cashing out
Mallstromm: if you have the money, you can move it - full stop
Mallstromm: there's only a reason for that in my book: fractional reserve. I work with banks and I know by hear that there are no "banking limits"
cazalla: only people who are making those seem to have coins there
BingoBoingo: Moom being like the Moon except actually made out of cheese.
azi`: anyways they stoped trading
jurov: oh that's the old one
azi`: right, but it hints that they have some insovlency document?
azi`: jurov: apparently they are missing 750k coins
jurov: azi`: there's some new info?
ozbot: Element 14 Holding Orders Based On US Government Watch List | EEVblog - The Electronics Engineering
jurov: like they wanted to get rid of JPYs to avoid domestic litigation
Namworld: The rest is all speculation and etc.
Namworld: That's the only thing official.
Neil: I guess you can't say much when you fled Japan over the weekend.
mjr_: some people have said there is increased buying in china...so that could be the source of a hacking attack
mjr_: one could assume that it was meant to move the bitcoin price...