mircea_popescu: <pankkake> I wonder what part of fiat investing is to blame for the bad risk estimation in btc investments << mothers are to blame.
mircea_popescu: Jere_Jones what do you figure i (we) are doing herei n the first place ?
BingoBoingo: Well, at the station I suggested it might be more problematic for him if you don't fight back. Nearly every white person outside of the train there is usually a plain clothes police officer. He finds himself in a foreign jail ??? Profit?
pankkake: the actual scam runners why not
davout: pankkake: the way i see it, for maximum lulz he should show up after a 5 hour trip, having had all the time to come to the conclusion that beating someone up in a public place, in a foreign country isn't such a good idea after all
pankkake: what would be the point?
BingoBoingo: pankkake: This could be one of the few white dude fights on World Star HipHop
BingoBoingo: pankkake: No, I'm just thinking of the most interesting train stations I know.
pankkake: is there a reference I'm missing?
BingoBoingo: pankkake: Maybe you both leave your respective countries for this meeting. I might suggest the 5th and Washington Station in East St Louis.
pankkake: but he's serious about the beating. I thought he wanted to meet
davout: do people really imagine they can go to some foreign country and simply beat up some guy in a public place like a train station and not gete in trouble?
pankkake: I only ever bought one company because that was the only one I understood
pankkake: lol, no I know there are
kakobrekla: anyway pankkake there is more scam than you think in fiat world
pankkake: at least for the time being, as it's new
kakobrekla: same result, they get shit.
kakobrekla: at least for a fraction of the problem
pankkake: but investing in startups is often a loss; the general public doesn't do it however
pankkake: I wonder what part of fiat investing is to blame for the bad risk estimation in btc investments
deadweasel: Jere_Jones: it's free, in the logs
benkay: you already own the low-returns market!
benkay: PIFF is the place for low returns!
benkay: no but now you can castigate him for ignoring the bitlord
pankkake: I don't think dr greg listed the things he was going to use beforehand
benkay: pankkake: you gotta link greg to the bitcointalk post where MP and smickles expose the btc.sx scam
punkman: wouldn't a monkey, sans training, do better than the average bitcointalk-er?
mircea_popescu: i'd rather teach a monkey to invest than a bitcointalk-er.
pankkake: as in more dangerous? ok. but then forum pr could be better…
mircea_popescu: https://bitcointalk.org/index.php?topic=333851.msg5063595#msg5063595 << check out dr greg's withering retort!
pankkake: well the guy's probably in italy
mircea_popescu: pankkake the part you don't know is that i could sue you in romanian court right now
pankkake: there's an italian lawsuit it seems
[7]: did they finally get hold of alberto or whoever was behind all of this?
pankkake: theseven wasn't a willing participant
deadweasel: is there a #burn-pankkake chan or what?
kakobrekla: theseven aka [7]
mircea_popescu: just saying, this stuff is the substance of blogging.
mike_c: mpoe-pr fights the good fight for a healthy salary. i don't know why you bang your head against that wall.
ozbot: The Road to Chad/Darfur
deadweasel: well, that's the majority of the worlds opinion, as most don't know their ass from a hole in the ground.
mircea_popescu: as if somehow the entire world is this proving ground for impudent cocklets and everyone is their peer.
mircea_popescu: "omfg what do you mean some people are actually impoirtant and thus therefore you need to jump through hoops to meet them, unlike me"
mircea_popescu: i like the logic involved tho. retarded romanians were going on about similar nonsense all through the late 00s
pankkake: I thought it was another guy who offered. or he just out-socked himself
pankkake: <minerpart> I've offered to meet him at any railway station in France as I'm southern England. He's a pussy, he wont meet me. A sad little prick with a big internet presence. You know what that means - he's never fucked a girl. Probably followed a few home though then gone home and jerked himself off.
pankkake: <minerpart> His grandmother was probably raped by a Nazi storm trooper. That's makes him Bastard Nazi offspring. Pure scum.
pankkake: well they still can't trade anyway
pankkake: of course they are
pankkake: <minerpart> I've met a lot of French people and they are 100% decent and down to earth. But then you always get the odd little shit who would fuck his own mother for cash - that's pankkake.
deadweasel: clearly, the failure lies in kakobrekla not being re-banned in a timely m anner
mircea_popescu: at least around these parts what you say to the unhousebroken kiddios is "they ain't the house of your stupid mother"
mircea_popescu: these disgusting meatbags actually imagine the entire world is their dysfunctional fambly.
mike_c: watch out kako, votes on the forum are binding. you're going to have a new job before you know it.
Apocalyptic: heh, kako the ponzi fixer
kakobrekla: the intro post from april 2013
mircea_popescu: which is why their forum has lived to 18mn posts of retarded nonsense.
mircea_popescu: mike_c they're mostly adults, and the backbone has been sifted through ~20 years into some semblance of sanity.
mike_c: looks like they are on top of things
mircea_popescu: the original.
mircea_popescu: the retardstalk from before bitcoin.
mircea_popescu: jesus they dropped.
mircea_popescu: whoa holy shit, the gfy forum comes in 10th for gfy ?!?!
benkay: bitcoin payments to the world's largest fuck-your-copyright stash of porn is a cool thing to build
KRS-One: you guys saw the new mt.gox bouncie balls right =D\
mircea_popescu: BACK THEN making a thumbnail autogallery could well be 50k in fees and free passes for everywhere
benkay: so i gather :(
mircea_popescu: benkay they're destitute.
gribble: Urban Dictionary: gfy: <http://www.urbandictionary.com/define.php?term=gfy>; The Go Fuck Yourself Home Page - Amish Rake Fight: <http://www.amishrakefight.org/gfy/>; Go Fug Yourself: Because Fugly Is The New Pretty: <http://www.gofugyourself.com/>
mircea_popescu: exoclick is their baby
mircea_popescu: mike_c i'm just doing it to piss off the gfy community
benkay: who let the doge out
benkay: then who?
benkay: who put the pills in my cookie jar?
mircea_popescu: obviously the pills are working :D
mircea_popescu: oic. perhaps you got a point there.
mircea_popescu: i wonder what would average joe do if someone made an ipad app counting all the money he's lost each day over being a total derp.
mircea_popescu: right in there with the strippers know better than to accept free btc from strangers.
mircea_popescu: that may contribute to the daily lulz
mircea_popescu: so you got scammed out of the money you scammed out of idiots, pretty much ?
mircea_popescu: ThickAsThieves the funny thing of an advertising ponzi is that well... they keep burning the stuff.
pankkake: I remember they offered @goatse.cx emails but I thought it was too expensive for the novelty
ozbot: Goatse.cx pivots again to become a Dogecoin supporter | The Verge
ThickAsThieves: http://www.theverge.com/2014/2/12/5405174/goatse-cx-pivots-again-to-become-a-dogecoin-supporter
asciilifeform: they have 'payday loans' built in, too.
mircea_popescu: except the father is bankrupt and the bank is some shitty us venue with ~1500 dollars in cash on the premises.
mircea_popescu: to rob a bank via bomb device with artsy cane gun, so as to have enough funds to pay for the weird character's murder of the woman;s father
asciilifeform: yeah they did that one later.
mircea_popescu: anyway, those muppets really should have their own movie. just think :
asciilifeform: i'm still waiting for the actual appearance of the collars-with-detonators, familiar to all '90s cheap sf fans.
mircea_popescu: they just add those dog collars or w/e
mircea_popescu: nah, they don't put people in jail anymore.
mircea_popescu: after all the easier solution to not knowing something is to assume, not to find out.
asciilifeform: budget psyop. are they down to hiring nigerian spam translators now?
ThickAsThieves: we're just decentralizing the IQ points
ThickAsThieves: sad considering this is the post-silk road wave
mircea_popescu: i think bitcoin average has lost 20 points of iq over the past 2 years.
mircea_popescu: the massive derpage going on retardtalk, retarddit etc etc re spam txn really shows just how the population has changed.
asciilifeform: http://www.kaspersky.com/about/news/virus/2014/Kaspersky-Lab-Uncovers-The-Mask-One-of-the-Most-Advanced-Global-Cyber-espionage-Operations-to-Date-Due-to-the-Complexity-of-the-Toolset-Used-by-the-Attackers
mircea_popescu: b) overall, the sum total of network time the cloudflare "customers" lost owing to cloudflare being a pos exceeds by degree of magnitude any mitigated "attacks"
asciilifeform: good gift for these folks: a rubber hose. with mouthpiece and arsepiece on the respective ends.
mircea_popescu: (togive them bitcoins on their bitcoin card to buy stuff in the bitcoin supermarket)
asciilifeform: used to be that mr. luser had to bite the bullet and delete a pron or two, download the blocks.
mircea_popescu: what, they're part of bitcoin now ? cool! so where's bitcoin supermarket ?
mircea_popescu: but no, originally there were ~60k as a high point cca 2011
asciilifeform: thought these were a dime-a-dozen
mircea_popescu: reference clients can cut it down quite easily, but apparently there's not actually that many
mircea_popescu: if anyone has a reference client they're not running atm, or space to run one : please do so.
Duffer1: is he smart enough to be worried is the question
mircea_popescu: Duffer1 seems smart enough. i don't recall the last time a large fiat corp had a smart ceo.
mircea_popescu: is the man stupid or something ?
mircea_popescu: give the man a cookie. who is this ?
ThickAsThieves: figuring out what to make of the cryptocurrency."
ThickAsThieves: full text for the item is "Bitcoin will continue to attract more people as a store of value and a speculative investment asset. I predict that the value of Bitcoin still has the potential to double by the same time next year. But I believe it will have a hard time becoming mainstream as a currency, due to its expected continued volatility amidst regulation authorities and governments
mircea_popescu: some currencies out there are a bitcoin, if a very primitive sort and for short intervals.
asciilifeform: a kingston, for the navally-noobish:
asciilifeform: (cards, as you can probably guess, are for the mainboard breadboard...)
mircea_popescu: course the serious rapists would just start carrying strap-ons, but what's a feminist to know of economy
asciilifeform: hence why i bought them. yet old brain detritus dies hard.
ozbot: crisader comments on The REAL Altcoin
asciilifeform: 99% of the delay is /dev/random.
mircea_popescu: they take time
deadweasel: yea, those decisions tend to make themselves, in time.
mircea_popescu: the 2nd seems probable in some estimations, and so we wait.
mircea_popescu: afaik they haven't yet decided whether they wish to have a future as the irc network where bitcoin happens or would rather not have any future at all.
asciilifeform: authentication is automagical, etc.
asciilifeform: the people who like decentralization get that
asciilifeform: in the proposed experiment, you get a whole bunch of problems solved 'for free', without moving parts
deadweasel: in fact, mp, why not start your own IRCnet? Then you could throttle everything at will.
asciilifeform: then you get 'mailcoin' (or call it what you like)
asciilifeform: 'the best machine is no machine' (herr altschuller)
asciilifeform: authentication is 'automatic', in the sense that only an addr's owner can send from it.
asciilifeform: 'recycle' the coin by moving from Y->X when some time passes (to minimize fee.)
asciilifeform: you'd 'log in' once, by sending a tx with some specified value to 'A' (addr of 'channel') and two others, say, X and Y. low byte of every tx value X->Y is a payload byte.
mircea_popescu: i made trilema +m at some point in 2012 when i was sick of the romanians' drivel
mircea_popescu: asciilifeform: imagine if every byte you threw in this channel cost a few satoshi. << eventually the chan will work like mpex, +m and it costs w/e to have voice.
gribble: The operation succeeded.
ozbot: Another JPMorgan Banker Dies, 37 Year Old Executive Director Of Program Trading | Zero Hedge
asciilifeform: http://www.zerohedge.com/news/2014-02-12/another-jpmorgan-banker-dies-37-year-old-executive-director-program-trading
nubbins`: "i can probably find someone to meet you in most major cities. other than quebec."
jurov: btw, use electrum then. one passphrase forever.
jurov: i have seen 120MB wallet in the wild, did not count how many addies
benkay: if you "ask" the client for more than that number of receipt addresses, your old backups become stale.
jurov: of course it's not limited, just increase the pool and it refills
benkay: iirc, wallets are written to disk with the next hundred receipt addresses
benkay: not "wiped" no but one can exceed the 100 pregenerated addresses
benkay: but btc addresses are generated and thrown away regularly in the satoshi client.
benkay: fully granted that they're both just bits on disk.
benkay: this is one of the reasons I want a cardano.
benkay: operational security is one of those things that can be done entirely incorrectly and feel so right to the end-user.
pankkake: well actually you don't sign the key, you sign an identity (name+mail usually)
ThickAsThieves: gpg to the infrequent user is a little more tedious
pankkake: bitcoin's encryption choices come from the need to have small outputs too, gpg doesn't and can thus do a lot of other things
benkay: what about btc-key based decryption of messages? do we have this yet? i've never looked for the functionality.
benkay: maybe poorly, but nowhere near as poorly as those in the wild for btc message signing.
benkay: btc keypairs are ephemeral. gpg has a whole toolchain around the use-cases for crypto that have, you know, actually been thought through.
benkay: the answer to your question is yes, ThickAsThieves.
pankkake: you can use it, there's just no advantage in using it
ThickAsThieves: does it mean they shouldnt though?
Apocalyptic: why would people use that whereas there is a GPG identity system based exactly for that purpose, much older and wider spread
pankkake: it's just less practical for authentication, GPG keys are much more flexible and secure especially if you use multiple computers
pankkake: I was thinking of generating GPG contracts for trades etc., the whole thing
gribble: The operation succeeded.
ThickAsThieves: just use bitcoin wallet signing then
asciilifeform: as observed by MP and others.
benkay: your barrier is still the GPG part. no amout of user-friendliness is going to get past the challenges most internet users will have with gpg authentication.
ThickAsThieves: Apocalypticsy then
ThickAsThieves: make like Wotsy or whatever, and use it for auth all over the web
ThickAsThieves: <pankkake> I was thinking of creating a service for that. pay X coins to create an identity that will be allowed without captchas on any compatible website ---- this falls under same premise as me wanting the WoT to be user/service friendly
asciilifeform: anyone with a btc node could be the 'server.'
asciilifeform: (everybody's handle is their addr)
asciilifeform: except, obviously, for folks who are kicked out of the 'channel' in disgrace
asciilifeform: the server (if one may call it that) could even be programmed to return coin to the sending addr every now and then
ThickAsThieves: then drivel communications could be left for facebook etc
pankkake: actually, that's one of the earliest proof of work ideas. https://en.wikipedia.org/wiki/Hashcash
asciilifeform: all the bums/beggars would be gone...
ThickAsThieves: "The journey is over for China's moon rover. China's state news agency is reporting today that the country's space agency has not been able to restore function to the Jade Rabbit rover"
ThickAsThieves: requires using the blockchain somehow
jurov: bitcoin-assets : the longest ongoing bitcoin conference
Apocalyptic: jurov, well that's where he picks up the chicks right ?
deadweasel: or with the elp of a dildo/yoga ball
deadweasel: seems like the way, if you can't grep your own logs
KRS-One: how do i search the #bitcoin-assets log? Just do a google search?
KRS-One: kakobrekla: I'll hold off on the feminine European jokes and just say I have more hetero-juice in my chesthairs then I really need =D
ThickAsThieves: "Crowd gathers to welcome man who says he spent a year adrift in the Pacific Ocean, surviving on fish and turtle blood."
gribble: The operation succeeded.
gribble: The operation succeeded.
moiety: ;;later tell benkay neither! I take it back!
mircea_popescu: or even without the copy.
midnightmagic: benkay: I agree. :-( The complete collected writing of Satoshi I think would provide incredible insight overall just as simple reading material. Unfortunately since bitcointalk edits history enormously, the history will likely never be complete.
midnightmagic: It's not gone, there are copies.
BingoBoingo: The internet is better at forgetting than people give it credit for.
BingoBoingo: Ok, so the pre- November 22nd, 2009 forum is gone from sourceforge.
benkay: "Piling every proof-of-work quorum system in the world into one dataset doesn't scale"
mircea_popescu: BingoBoingo the one thing of course is that there was that guy earlier declaring he hs proof satoshi = nick szabo on the grounds of linguistic analysis
BingoBoingo: Oh, particularly relevant to the current GOx trouble: https://bitcointalk.org/index.php?topic=2151.msg28228#msg28228
benkay: ALL MUST WADE THROUGH THE SWAMP
mircea_popescu: BingoBoingo if you reduce the search to "satoshi" you find 2x as many hits
BingoBoingo: mircea_popescu: Here's the Cryptography mailing list emails: http://www.mail-archive.com/search?l=cryptography@metzdowd.com&q=from:%22Satoshi+Nakamoto%22
BingoBoingo: mircea_popescu: Any good ideas where to begin looking? I know the early ones are on the cryptography mailing list.
mircea_popescu: rounded to the closest mb.
BingoBoingo: Have no idea how many there actually are
moiety: lol nooo cazalla this is what makes it even worse! It was when they were like around $1k!
mircea_popescu: how about making a complete collection of satoshi's letters to the various email lists ?
moiety: oh wait, im getting told from someone else. the wallet the alleged hacker has, has 40k in it
Duffer1: where are they saying this?
Duffer1: top comment "I dont recommend anyone to hold their money in one exchange but 3 different"