Show Idle (>14 d.) Chans
← 2013-10-06 | 2013-10-08 → ↓
assbot: [BTCTC] [BASIC-MINING] 12 @ 0.04149 = 0.4979 BTC [+]
assbot: [BTCTC] [LABCOIN] 19841 @ 0.0001403 = 2.7837 BTC [+]
dub: ;;isitdown bitcointalk.org
gribble: bitcointalk.org is up
dub: boo
assbot: [BTCTC] [BTC-BOND] 26 @ 0.009001 = 0.234 BTC [-]
assbot: [MPEX] [S.MPOE] 3100 @ 0.0008323 = 2.5801 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 10 @ 1.45719999 = 14.572 BTC [+] {4}
assbot: [BTCTC] [ESECURITYSABTC] 2 @ 0.135 = 0.27 BTC [+]
assbot: [BTCTC] [BTC-TRADING-PT] 5 @ 0.034 = 0.17 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.261 BTC [-]
assbot: [BTCTC] [LABCOIN] 1000 @ 0.0001402 = 0.1402 BTC [-]
assbot: [BTCTC] [DMS.MINING] 3000 @ 0.00121905 = 3.6572 BTC [-] {4}
assbot: [BTCTC] [LABCOIN] 3066 @ 0.00014799 = 0.4537 BTC [+] {2}
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.44 BTC [+]
assbot: [BTCTC] [LABCOIN] 17000 @ 0.00017053 = 2.899 BTC [+] {5}
assbot: [BTCTC] [COGNITIVE] 8 @ 0.12 = 0.96 BTC [+]
assbot: [HAVELOCK] [AM100] 14 @ 0.01375 = 0.1925 BTC [+]
assbot: [BTCTC] [LABCOIN] 2000 @ 0.0001408 = 0.2816 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 1.4 BTC [+]
mircea_popescu: ahhh, good morning boys and girls.
VanCleef: ITS BACK MP ITS BACK, thank christ
mircea_popescu: what is ?
VanCleef: bitcointalk
assbot: [HAVELOCK] [AM100] 1082 @ 0.01419516 = 15.3592 BTC [+] {10}
assbot: [HAVELOCK] [AM1] 8 @ 1.4399875 = 11.5199 BTC [+] {2}
thestringpuller: lol good morning
assbot: [BTCTC] [B] [CIPHERMINE.B1] 16 @ 0.00812487 = 0.13 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 12885 @ 0.00083583 = 10.7697 BTC [+]
Diablo-D3: holy shit
Diablo-D3: bitcointalk is back
assbot: [BTCTC] [CIPHERMINE-PT] 70 @ 0.03 = 2.1 BTC [-]
VanCleef: and asicminer tanks haha
Diablo-D3: asicminer is heavy weapons guy
Diablo-D3: <friedcat> WHO TOUCH SASHA
thestringpuller: Diablo-D3 haven't seen you in awhile
Diablo-D3: but... Ive been here! the whole time!
assbot: [BTCTC] [LABCOIN] 3514 @ 0.0001418 = 0.4983 BTC [+]
thestringpuller: they see me lurkin'
thestringpuller: they hatin'
thestringpuller: where has bugpowder been
thestringpuller: ;;seen Bugpowder
gribble: Bugpowder was last seen in #bitcoin-assets 4 days, 12 hours, 7 minutes, and 10 seconds ago: <Bugpowder> So the mechs thing was a hoax or waht?
thestringpuller: oh wow he just kinda sneaks in
ozbot: MPEx breach - post mortem pe Trilema - Un blog de Mircea Popescu.
assbot: [BTCTC] [BASIC-MINING] 54 @ 0.03379054 = 1.8247 BTC [-] {9}
assbot: [MPEX] [S.MPOE] 1300 @ 0.00083923 = 1.091 BTC [+]
assbot: [HAVELOCK] [AM100] 69 @ 0.0145 = 1.0005 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 365 @ 0.00083847 = 0.306 BTC [-]
assbot: [BTCTC] [FN] [DMS.PURCHASE] 31 @ 0.006211 = 0.1925 BTC [-]
jurov: mornin
jurov: http://www.coindesk.com/lamassu-ships-first-bitcoin-atm/ we have fun here in bratislava guessing who ordered it
jurov: cuz nobody is admiting it
jurov: *admitting
assbot: [MPEX] [S.MPOE] 8741 @ 0.00083213 = 7.2736 BTC [-] {2}
Apocalyptic: morning
assbot: [HAVELOCK] [AM100] 16 @ 0.0145 = 0.232 BTC [+]
mircea_popescu: jurov o hey, there was a bet to that effect too
ozbot: BitBet - Bitcoin ATM will have at least one ATM unit up and running by the end of September 2013
mircea_popescu: aww no, there WAS.
jurov: bitbet time runs too fast
mircea_popescu: ya srsly.
mircea_popescu: it's like... two weeks normal time turn into 18 months of bitbet time.
mircea_popescu: it's a total timescam.
mod6: benkay_: Ahh, I've read more now on the urbit. I see what you mean by the 9-times thing as temporary. And after reading Datskovskiy's comments it's interesting that it was put in to begin with.
mod6: has anyone had trouble with the urbit terminal being like really slow?
mod6: I rebuild my sub just a bit ago because of this (http://www.urbit.org/2013/10/06/nicu.html), seems to be a bit more responsive.. but not what i would expect.
mod6: (was worse before the update it seems to me... but still laaags a bit.)
jurov: should be compiled with -O99 -funroll-all-loops
mircea_popescu: mod6 well when the whole planet is one computer...
mircea_popescu: probably some dolphin somewhere upset the flow of chi
mircea_popescu: (TLDR: to keep using Urbit, delete all your pre-10/6 data, git pull the source again, make clean, make, and start over. Your destroyers and tickets will keep working. No, this will not keep happening, though it may happen once or twice again.) << preserved for futurosity.
mod6: yeah, that was pretty interesting. like the first day I look into it, i have to blow everything away and start over.
mircea_popescu: well at least 11k people have watching and thus therefore everyone knows the guy's name and admires his work or how did it go.
mircea_popescu: but anyway ; satoshi forked btc too. it happens
mod6: jurov: you trollin'?
mod6: mircea_popescu: yeah, i recloned the repos and rebuilt. works fine. it's early in the project so, yeah shit happens.
mod6: jurov: -funroll-all-loops
mod6: Perform the optimization of loop unrolling. This is done for all loops and usually makes programs run more slowly. `-funroll-all-loops' implies `-fstrength-reduce' as well as `-frerun-cse-after-loop'.
mod6: so yah, 9/10
mod6: :P
jurov: mod6 yeah trolling... couldn't resist as long-time gentoo user :)
jurov: au! don't tell me you *did* recompile it?
mircea_popescu: violence is not the loop.
mod6: yeah, it seems that this guy Curtis Yarvin kinda goes against the grain with this one. im not a haskell guy or what not, so I'm not real sure what to think just yet.
mod6: haha, yeah.
mod6: im a dumbass for listening to you
mircea_popescu: well i guess i get to use kako's bash for the first time ever.
mod6: i tried to find a solution to this problem on the fuckin google groups thing and there was a thread about it.
mod6: but it wasn't helpful what-so-ever.
mod6: maybe its just a pile of shit
mod6: im not sure what to think about this thing yet.
assbot: [HAVELOCK] [B] [XBOND] 100 @ 0.00126896 = 0.1269 BTC [+] {2}
mircea_popescu: me either.
mircea_popescu: and i don't even know cs.
mod6: well, either do i. i was just trolled by jurov.
mod6: im gonna quit this shit and go work at walmart selling plants.
mircea_popescu: you could put on a bikini, place yourself in a pot and sell yourself as a bikini clad potted plant.
assbot: [HAVELOCK] [AM100] 347 @ 0.0145 = 5.0315 BTC [+]
mod6: haha. i'll even do a dance move for a quick .01 BTC
mod6: aight, now that i've got this thing back to non-suck mode...
assbot: [HAVELOCK] [AM100] 20 @ 0.0146 = 0.292 BTC [+] {2}
mircea_popescu: ~tasfyn-partyv/try=> :reset
mircea_popescu: This will replace all the Arvo code, including Hoon in Hoon itself, and keep your data intact - even running processes.
mircea_popescu: this later part is good.
assbot: [HAVELOCK] [AM100] 17 @ 0.01481954 = 0.2519 BTC [+] {4}
mod6: yeah, thats pretty awesome.
mircea_popescu: when was the last time, say, a Google app lost your data?
mircea_popescu: bwaghahaha.
mircea_popescu: remember mybitcoin ?
mircea_popescu: or no wait. what was it, that polish exchange that mtgox boight
mircea_popescu: because the guy had all the btc in the cloud and lost the instance.
mod6: yeah haha.
mod6: i wanna say that happened a few times even.
mod6: *poof*
jurov: but afaik urbit has everything versioned
mircea_popescu: "<mircea_popescu> hi all." < i said something on #urbit.
mircea_popescu: which from what i gather is NOT run on urbit ?
mod6: haha, nice. i just joined in over there a few mins ago too.
assbot: [HAVELOCK] [HIM] 1 @ 0.1331 BTC [+]
mod6: CY said he didn't want to do an irc channel because urbit can be sort of like IRC in and of itself. but in the mean time he'll set one up until it gets further along.
mod6: i figure, maybe they can help my urbit n00bness until i get my sealegs.
jurov: these ships...it's a PONZI
mod6: are you getting good with hoon, jurov
mod6: ?
jurov: no only read these docs and filed it for later
mod6: ahh. im trying to familiarize myself with these 'runes'
mod6: its not as bad as brainfuck, but not by much
assbot: [MPEX] [S.MPOE] 8300 @ 0.00083632 = 6.9415 BTC [+] {2}
jurov: decided to do some overdue upgrades instead...got unexpected 50% cpu usage decrease :)
mod6: nice
assbot: [BTCTC] [LABCOIN] 800 @ 0.00015 = 0.12 BTC [-] {3}
mircea_popescu: seems about right
mod6: i haven't used an LSB system since i worked on porting fbsd to sparc64
mircea_popescu: i thought they're unconstitutional anyway
assbot: [MPEX] [S.MPOE] 6250 @ 0.00083923 = 5.2452 BTC [+]
mod6: heheh, well since x86 intel, its not been nearly as widely used. i think that network addresses are all passed in lsb though, and then they added htonl/s ntohl/s for translation, etc.
assbot: [BTCTC] [LABCOIN] 23200 @ 0.00017773 = 4.1233 BTC [+] {5}
assbot: [HAVELOCK] [AM100] 20 @ 0.01375 = 0.275 BTC [-]
assbot: [MPEX] [S.MPOE] 12286 @ 0.00083404 = 10.247 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 10 @ 0.01375 = 0.1375 BTC [-]
bitesak: ;;ticker
gribble: MtGox BTCUSD ticker | Best bid: 135.75000, Best ask: 136.00000, Bid-ask spread: 0.25000, Last trade: 135.75000, 24 hour volume: 6768.60069259, 24 hour low: 134.10000, 24 hour high: 139.00000, 24 hour vwap: 136.55720
bitesak: there is a new listing on mpex ! whoooa
mod6: cool, there is a hoon.vim
bitesak: hoonhoon.vim?
mircea_popescu: wait, does this mean a vim implementation ?
mod6: haha, no i wish.
mod6: just a vim script for unix so the syntax can be color-highlighted. didn't mean to get yall excited.
mod6: there is another that seems to try to translate scribbles to runes, but I haven't gotten it to work on my vim yet.
assbot: [BTCTC] [BASIC-MINING] 29 @ 0.0415331 = 1.2045 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 9750 @ 0.00083877 = 8.178 BTC [+] {2}
assbot: [BTCTC] [BASIC-MINING] 7 @ 0.04 = 0.28 BTC [-]
mircea_popescu: i suspect this is currently the largest productivity sink in it.
assbot: [BTCTC] [COGNITIVE] 4 @ 0.088 = 0.352 BTC [-]
assbot: [BTCTC] [B] [CIPHERMINE.B1] 100 @ 0.008 = 0.8 BTC [-]
assbot: [MPEX] [S.MPOE] 4337 @ 0.0008323 = 3.6097 BTC [-] {2}
assbot: [HAVELOCK] [HIM] 1 @ 0.1331 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 38 @ 0.00295875 = 0.1124 BTC [+] {2}
mod6: this urbit thing is wacky
ozbot: Argentina's president Cristina Fernandez suffers brain haematoma | World news | theguardian.com
assbot: [BTCTC] [FN] [COG.F2] 1 @ 2.39 BTC [+]
mircea_popescu: "Leather Goddesses of Phobos 2: Gas Pump Girls Meet the Pulsating Inconvenience from Planet X!"
assbot: [BTCTC] [FN] [COG.F2] 1 @ 2.8 BTC [+]
mod6: its like i wanna go down this rabbit hole and figure this thing out, but I don't think im smart enough or something.
mod6: the guy says, "urbit will always run on top of unix." but d00d also wants this to surpass *nix at some point...
mircea_popescu: mod6 http://trilema.com/2013/so-this-urbit-thing/#comment-95448 << average people have trouble FINDING IT
mircea_popescu: i think you may be smart enough.
mod6: (Chapter 1.7): If a real OS runs on the bare hardware and is preemptive, it’s clear that Arvo is not a real OS and will never be one. It will always run on Unix. Of course in a sense it comes to bury Unix, but also to praise it - to imitate it - and even to surpass it.
mod6: Unix today is ancient, bloated and debilitated, but its historic greatness is eternal. Comparing Unix to other OSes of its time is comparing Shakespeare to other playwrights of his time.
mod6: But, ya know, times change. How do we surpass Unix? We’ve got two words for you - typed pipes!
mircea_popescu: actually marlowe was not that bad
mircea_popescu: this is an argument to ignorance
mod6: So far, and i've only spent a few hours on it, but I'm so hoplessly lost on hoon, that i don't see how this could be more useful than unix at this point.
mod6: i mean, it needs unix to run to begin with... so wtf
mod6: at somepoint it'll have to run out of a chip directly or some other interpreter or interface to wholly replace unix
assbot: [BTCTC] [ASICMINER-PT] 23 @ 1.43852172 = 33.086 BTC [-] {5}
mod6: I still think its pretty cool, and I'm probably just derp. But I'm not convinced that I'm not being trolled somehow.
mircea_popescu: if indeed the specification is as short as presented, it's prolly trivial to build asics that execute it natively
assbot: [MPEX] [S.MPOE] 8350 @ 0.00084024 = 7.016 BTC [+] {2}
mod6: yeah, the nock is like, very short. and the hoon compiler itself is really small.
mod6: this page is pretty lulzy, whomever wrote it was just guessing at a lot of the stuff: https://github.com/urbit/urbit/wiki/Decoding-Hoon
assbot: [BTCTC] [B] [CIPHERMINE.B1] 56 @ 0.008 = 0.448 BTC [-]
assbot: [BTCTC] [FN] [COG.F] 1 @ 1.99 BTC [+]
assbot: [BTCTC] [BASIC-MINING] 15 @ 0.04 = 0.6 BTC [-]
mod6: anyway, i dunno, i still think its pretty neat if its not an epic troll. i submitted for my destroyers, so we'll see where that goes.
mircea_popescu: it's still neat even if it is an epic troll.
mircea_popescu: what difference does that make ?
assbot: [BTCTC] [LABCOIN] 15894 @ 0.0001812 = 2.88 BTC [+] {4}
assbot: [BTCTC] [LABCOIN] 6599 @ 0.00020115 = 1.3274 BTC [+] {3}
mod6: haha, none i guess. i just hope that even if it is a troll, it can be made into something useful.
assbot: [BTCTC] [LABCOIN] 900 @ 0.000226 = 0.2034 BTC [+] {2}
mircea_popescu: now that all depends i ghuess :p
KRS1: good morning from the states.
assbot: [BTCTC] [ASICMINER-PT] 7 @ 1.445 = 10.115 BTC [+]
mod6: (What happens if there’s an error? Like, a type error? Duh, the compiler crashes. Hey, at Yale, what do they do if there’s an error? I don’t know but it’s probably some kind of fancy exception thing.
mod6: haha
assbot: [BTCTC] [LABCOIN] 850 @ 0.000226 = 0.1921 BTC [+]
mircea_popescu: amazing compiler.
assbot: AMAZING COMPANY!
mod6: :)
mod6: it'd be cool to see if all of these destroyers can easily talk to one-another from distributed hosts worldwide. then maybe it'd be neat to try to develop a p2p or distributed encrypted irc network.
mod6: either public or private nodes.
daybyter: make smartphone nodes. They are harder to block...
mod6: the syntax is so gnarly that it seems like it would be hard to develop, but i suppose that one you get the hang of it...
mod6: *once
mircea_popescu: that funny moment when you realise urbit is discussed in 500 lines on #bitcoin-assets and in 5 lines on #urbit
mod6: lol
mod6: my bad
mod6: daybyter: its too bad really, these devices are like the NSA data-collector nodes. i don't even trust the snapdragon chips in 'em any more really.
mircea_popescu: mod6 wasn't implying it's a bad thing, on the contrary
mircea_popescu: gotta discuss where the brainz are.
mod6: ah, ok :)
daybyter: but it's easier to shutdown servers than mobiles...
blastbob: depends..
mod6: for instance, in current form, urbit does key-gen right off the start. i'd hesitate to launch an instance with that software thats native (unless rooted and running something like cyanogen -- even then do we trust that either?)
mod6: and besides do we trust chip makers any more either?
mircea_popescu: mod6 im listening to this and pasting in the nsa "to do" list :D
mod6: haha
mod6: i suppose that something like urbit could actually live inside of other software eventually as some sort of embedded system. or if it ever took the leap to native hardware, it could run on some sort of FPGA or pre-set asic chip.
mod6: someone needs to write a network stack for it.
mod6: lol that'll be ishy in hoon!
mod6: oo started a fire in her panties huh?
mircea_popescu: what burned there, the controller or what ?
ThickAsThieves: looks like a small transformer or something
ThickAsThieves: but i have no idea
KRS1: lol nice whats that a transistor
VanCleef: ThickAsThieves ?
blastbob: they say its 2-3 boards this has happend to, but not confirmed
ThickAsThieves: i only have intro knowledge of these things, but i'd guess a small transformer
KRS1: ya
mircea_popescu: A year after the 1994 Digital Telephony bill passed, the FBI disclosed plans to require the phone companies to build into their infrastructure the capacity to simultaneously wiretap one percent of all phone calls in all major US cities. This would represent more than a thousandfold increase over previous levels in the number of phones that could be wiretapped. In previous years, there were only about 1000 court-ordered w
mircea_popescu: year, at the federal, state, and local levels combined.
ozbot: Phil Zimmermann's Senate Testimony
mircea_popescu: this shit's so much fun to read, 20 years later.
KRS1: nice skidmark
mod6: <3 Phil
mircea_popescu: thjat last thing is an exploded capacitor.
mircea_popescu: which really just means bad capacitor.
mircea_popescu: ;;google capacitor disease
gribble: Capacitor plague - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Capacitor_plague>; PSA: TiVo HD's Hit By Capacitor Plague! - DealDatabase Forum: <http://www.dealdatabase.com/forum/showthread.php?64059-PSA-TiVo-HD-s-Hit-By-Capacitor-Plague!>; How do you define capacitor in good condition - WikiAnswers: (1 more message)
ThickAsThieves: i've only ever seen cylindrical capacitors
ThickAsThieves: again i'm a noob
mod6: ya my guy says they are caps too
ThickAsThieves: i suppose it would be weird to have that many small transistors anyway
mod6: lol he says its 'bodged'
mod6: he says he could be wrong and they might be 'some kinda funky resistor'
mod6: *shrug*
thestringpuller: mod6 is here
thestringpuller: just as I have to leave
thestringpuller: I h8 you no
thestringpuller: I am revoking our frienship
KRS1: heh
mod6: HEH. been here all night talkin about urbit :]
thestringpuller: i been up all night trynna get ma money right
mircea_popescu: yeah what im getting as most likely story is that they bought as cheap parts as they could find, and ended up with a batch of shitty caps.
mircea_popescu: which you know... blow.
KRS1: stack the rest of the yams in my auntie's house..and then what!
assbot: [BTCTC] [FN] [BTC-GROWTH] 103 @ 0.0848997 = 8.7447 BTC [+] {2}
KRS1: peace out folks time to get fresh and jump into one of them cars
mod6: info on flaming board from my buddy: http://pastebin.com/AbAr6Mcv
KRS1: Check out my friend's hotrod caddilac..finally got a chance to see it in action last night. Its more or less a corvette in a suit and tie http://s540.beta.photobucket.com/user/LivernoisMotorsports/library/Pauls%20V
mod6: that one comes straight from GM 'eh? is that the 502?
assbot: [HAVELOCK] [AM100] 14 @ 0.0136 = 0.1904 BTC [-]
assbot: [MPEX] [S.MPOE] 9350 @ 0.00084028 = 7.8566 BTC [+]
assbot: [BTCTC] [LABCOIN] 15905 @ 0.00015472 = 2.4608 BTC [-] {6}
KRS1: yeah
KRS1: we are a couple of long time gear heads I have a 1986 t-top mustang 5.0 drag car thats real fun dont get much chance to play with it though.
KRS1: thats not the 502 its a small block stroked to 400+ ci all fuel injected obviously
mod6: KRS1: ahh. ok.
assbot: [MPEX] [S.MPOE] 1900 @ 0.00083206 = 1.5809 BTC [-]
assbot: [BTCTC] [LABCOIN] 50000 @ 0.00015287 = 7.6435 BTC [-] {10}
assbot: [BTCTC] [LABCOIN] 44410 @ 0.00015008 = 6.6651 BTC [-] {7}
assbot: [BTCTC] [LABCOIN] 10000 @ 0.00015 = 1.5 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 22 @ 1.36245454 = 29.974 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 17 @ 1.32882352 = 22.59 BTC [-] {4}
assbot: [HAVELOCK] [AM100] 51 @ 0.0130049 = 0.6632 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 5 @ 1.3218222 = 6.6091 BTC [-] {3}
assbot: [BTCTC] [ASICMINER-PT] 5 @ 1.3 = 6.5 BTC [-]
assbot: [BTCTC] [LABCOIN] 2722 @ 0.0001502 = 0.4088 BTC [+]
assbot: [HAVELOCK] [CBTC] 500 @ 0.00026845 = 0.1342 BTC [-]
assbot: [BTCTC] [LABCOIN] 2000 @ 0.0001502 = 0.3004 BTC [+]
assbot: [BTCTC] [LABCOIN] 10908 @ 0.00015009 = 1.6372 BTC [-] {2}
assbot: [BTCTC] [LABCOIN] 19603 @ 0.0001481 = 2.9032 BTC [-]
gecko_x2: btct down?
gecko_x2: forgot to check if i have any btc there :\
gecko_x2: damnit
Rulother: It's down for me
ThickAsThieves: Hopefully not down for good yet
ThickAsThieves: I have fresh AM1 xfers to verify...
ThickAsThieves: he should lock all assets first
ozbot: Btct.co - Is Btct Down Right Now?
assbot: [BTCTC] [BTC-TRADING-PT] 13 @ 0.033 = 0.429 BTC [-]
mircea_popescu: wasn't it announced for today and everytjhing ?
ThickAsThieves: yes, but he had hinted that it would be late in the day, if I recall
turbo_ac100: gecko_x2, site seems up but API access doesn't work
turbo_ac100: litecoinglobal works though.
Rulother: so tat how many transfers are you working on?
ThickAsThieves: all in all i think it's nearly 2000
gecko_x2: works through tor for me
gecko_x2: but not directly
ThickAsThieves: all are xfers other than TAT.AM are caught up and awaiting assistance from the exchange operators to render the shares
mircea_popescu: that sounds like quite the caseload there.
ThickAsThieves: Bitfunder could be a problem
ThickAsThieves: as manual rendering of shares would be insanely time-consuming
ThickAsThieves: since Ukyo has 2fa required on every xfer
Rulother: Gross
Rulother: Well I had my shit transfered to Havelock
assbot: [MPEX] [S.MPOE] 5354 @ 0.00083667 = 4.4795 BTC [+]
ozbot: Smarter $100 bill goes into circulation tomorrow | The Verge
ThickAsThieves: Burnside is selling the site software with a condition that whomever uses it must block US users.
ThickAsThieves: Can that even be enforced?
Rulother: Ciphermine wanted to buy it didn
Rulother: didn't they? *
ThickAsThieves: i wouldnt use it in that case
kakobrekla: cipermine sold 5btw of shares to pay for her wedding
kakobrekla: btw = btc
ThickAsThieves: she was married at taco bell?
kakobrekla: how is she going to pay for btctc
kakobrekla: acting like she is capable of reglbseing it
ThickAsThieves: heh, btct.co won't load so I tried Tor,
ThickAsThieves: This Domain Name Has Expired
ThickAsThieves: maybe that's why he chose today
Rulother: lol works fine for me
ThickAsThieves: i cant load it
ThickAsThieves: are you in the US?
Rulother: logged in and sold a share
Kleeck__: Mine is loading as well.
Kleeck__: Was down earlier.
Kleeck__: Not cached.
ThickAsThieves: are you in the US?
Kleeck__: I am.
ThickAsThieves: can you tell me the ip for the site?
jcpham: 127.09.01
jcpham: satoshi's IP
mircea_popescu: whoever made network connectors so that usb sticks fit neatly inside IS A FUCKING IDIOT
mircea_popescu: either that or she works for adobe.
jcpham: meliisa mayer
ThickAsThieves: marissa*
jcpham: that too
mircea_popescu: burn her anyway.
jcpham: clariisa tells all
jcpham: lsl!
ozbot: Global DNS Propagation Checker - What's My DNS?
ThickAsThieves: *something* is going on
kakobrekla: can you has state in you dns!?
ThickAsThieves: that's network propagation
ThickAsThieves: not dns of states
kakobrekla: i mean your federal state in your dns server
ThickAsThieves: i assume those are cooperating providers that are just reporting what DNS they see for any given domain
ThickAsThieves: not sure it has anything to do with the DNS of the site
kakobrekla: nah they fiddle with them
kakobrekla: maybe not in btctc's case but otherwse
ThickAsThieves: btct is also using cloudflare, those two long addresses
ThickAsThieves: i have people transferring AM-PT shares to me which i can't verify...
Kleeck__: Well, maybe someone should've taken care of his share transfers BEFORE vacationing in Cyprus! ;P
assbot: [HAVELOCK] [VTX] 1 @ 0.47989999 BTC [+]
ThickAsThieves: your quip is inaccurate (and impossible)
ThickAsThieves: these are new xfers
ThickAsThieves: and migrating before I left would've been impossible time-wise
imsaguy: Kleeck__, he's online now, isn't he?
jcpham: i haerd burnside was playing a halloween prank and btct.cp isn't actually closing
ThickAsThieves: I heard the same thing like 30secs ago
jcpham: seems legit
bitesak: vacationing in Cyprus ?
ThickAsThieves: businessing
kakobrekla: o, retard talk forum is down
kakobrekla: back up
Kleeck__: I was joking, for the record.
kakobrekla: i know cause i lost the bet, dammit.
imsaguy: "now with improved security!"
kakobrekla: lieak what
imsaguy: "We hash your passwords 100000 times"
jcpham: captchas
jcpham: everywhere
bitesak: I trust the businessing is with Bitcoins ?
ThickAsThieves: scammers extending there forum auctions :/
jcpham: seems like dramatalk would hire smf dev
jcpham: is there a such thing as a simple machines dev
pankkake: simple minded dev?
assbot: [HAVELOCK] [NEOBEE] 100 @ 0.00285551 = 0.2856 BTC [-] {4}
Kleeck__: Btct.co is down for me now as well, ThickAsThieves
ThickAsThieves: I asked Burnside to remove you
imsaguy: Is there a bet for how long until the forum passwords are cracked?
mircea_popescu: imsaguy not afaik
assbot: [HAVELOCK] [AM100] 15 @ 0.01359998 = 0.204 BTC [-]
Kleeck__: Last I heard the "sample list" was a verified fake.
mircea_popescu: <imsaguy> "We hash your passwords 100000 times" << this.
imsaguy: I'm well aware Kleeck__
mircea_popescu: no salt, more hashing
ThickAsThieves: Havelock rocks. They built a special tool just for me to process migrations :)
imsaguy: Until they shut down too
imsaguy: <.<
Rulother: I do like Havelock
Rulother: What was the word from them regarding allowing new assets to come over
Kleeck__: I believe they said, "No."
ThickAsThieves: I don't know the official word, but I think they denied most, if not all
ThickAsThieves: I do hope they at least accommodate Deprived
gecko_x2: got my remaining btc transferred off btct in the last min.. over TOR
Kleeck__: Why are you using TOR?
gecko_x2: btct was down over regular net
gecko_x2: for me
assbot: [BTCTC] [ASICMINER-PT] 9 @ 1.28877777 = 11.599 BTC [-] {3}
gecko_x2: others are also having issues
gecko_x2: so sad
gecko_x2: there prolly won't be another exchange unless it's distributed / p2p
gecko_x2: maybe coloured coins
gecko_x2: maybe the world will finally rush back to MPEX :)
mircea_popescu: you know i can always tell the people who have an account from those who don't,
mircea_popescu: cause the former know it's a small x.
ThickAsThieves: i do prefer all caps, but ever since seeing you correct someone i use x, in compliance
ThickAsThieves: although i do have an accocunt
ThickAsThieves: acoconut
gecko_x2: a cocunt?
gecko_x2: anywais
gecko_x2: everyone is now waiting for the mad rush into actm :p
ThickAsThieves: why would anyone rush to actm
ThickAsThieves: it's like boring by now, no?
gecko_x2: well
mircea_popescu: lol i has a coconut and banging it together!
gecko_x2: compared to LC it's still amazing company!
assbot: AMAZING COMPANY!
mircea_popescu: no. 0 compared to 0 is actually still 0.
ThickAsThieves: a rose by any other name
gecko_x2: it's going to nine thousand!
imsaguy: at least 9001
nubbins`: ISO 9001 certified?
gecko_x2: so what are we gonna do in here?
nubbins`: mircea_popescu: whoever made network connectors so that usb sticks fit neatly inside IS A FUCKING IDIOT
nubbins`: cue every single time i wonder why my device isn't recognized
nubbins`: "oh, wait"
gecko_x2: they could have designed the fuckers to work regardless of which way is up
mircea_popescu: that goes against family values.
nubbins`: i don't think a usb drive will work in your ethernet port in ANY orientation
nubbins`: straight or otherwise
gecko_x2: point is there is no reason to restrict which way a usb connector is plugged in
pankkake: but that's the other way around, network port predates usb port
gecko_x2: now roughly 50% of plug attempts fail
gecko_x2: or according to murphy, atleast 51%
gecko_x2: i'm not talking about ethernet ports
gecko_x2: usb ports
gecko_x2: and how the USB standard sux
pankkake: yes, usb ports are also bad that way
pankkake: I wonder how they managed to fail that much
nubbins`: design by committee
nubbins`: it was destined to fail
gecko_x2: there is already a much better working solution
gecko_x2: been around since the 70's
nubbins`: thunderbolt? ;p
gecko_x2: 3.5mm DIN plugs
nubbins`: DIN for the WIN!
gecko_x2: or the standard headphone plug
gecko_x2: works every time
nubbins`: standard headphone plug is a very poot design
nubbins`: 1/8"
nubbins`: they break so easily
nubbins`: poot?
ThickAsThieves: never broken a headphone jack in my life
pankkake: the thing that usb provided aren't really hardware/connector related, but a very cheap protocol
gecko_x2: worked fine for me for decades
nubbins`: i break them regularly
gecko_x2: maybe you should work on your motor skills :)'
pankkake: I broke one or two portable players headphone jacks
nubbins`: altho to be fair i'm using heavy 1/8" to 1/4" cables for audio equipment that gets moved around a lot
pankkake: the 6.3mm ones are sexy
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.043945 = 0.1758 BTC [+] {3}
nubbins`: but honestly SMD 1/8" jacks are usually very poorly supported on PCBs
nubbins`: it's no sweat to rip a trace off a board
ThickAsThieves: ;;nethash
gribble: 1525038.63397
ThickAsThieves: ;;bcstats
saulimus: lol, btct domain expired but someone just bought some basic-mining
gribble: Current Blocks: 262247 | Current Difficulty: 1.8928124928103292E8 | Next Difficulty At Block: 264095 | Next Difficulty In: 1848 blocks | Next Difficulty In About: 1 week, 4 days, 6 hours, 26 minutes, and 20 seconds | Next Difficulty Estimate: 217927576.821 | Estimated Percent Change: 15.13427
assbot: [HAVELOCK] [B] [XBOND] 126 @ 0.00124793 = 0.1572 BTC [-] {3}
assbot: [BTCTC] [BASIC-MINING] 4 @ 0.04658 = 0.1863 BTC [+]
Jere_Jones: You can still get to btct if you add an entry in your hosts file.
Jere_Jones: 141.101.113.21 is the ip address that I'm using and it seems to work well.
saulimus: ok, thanks
saulimus: hm, error 1003, Direct IP access not allowed
nubbins`: i will need a small rutabaga and some carrots
Jere_Jones: That's why you have to put it in your hosts file.
saulimus: strange how that counts
ThickAsThieves: i have learned that the slim majority of btct shareholders can follow directions
Kleeck__: lol
Jere_Jones: ThickAsThieves: Did Danny confirm my angel shares of NEOBEE with you?
ThickAsThieves: i don't think so
ThickAsThieves: just have him email me
ThickAsThieves: i know he's been busy
Jere_Jones: I did, but he was in the airport when he responded to me. I'll wait until things calm down a little.
ThickAsThieves: he should be straight now
Jere_Jones: Then, to the email I go.... :)
saulimus: Jere_Jones, ok, works, thanks
nubbins`: interesting fact: four moose were introduced to the island on which i live in the early 1900s
nubbins`: today, there are over 150,000 moose, wandering all over the highways and killing people who hit them w/ cars
ThickAsThieves: the pitfalls of inbreeding
nubbins`: yeah
nubbins`: tasty though
nubbins`: lel, from wikipedia: "Moose scat is commonly found on trails. Some souvenir shops sell bags of it, sealed with shellac and labeled with humorous names."
nubbins`: author obv too stupid to realize that every souvenir shop in north america sells bags of chocolate-covered almonds as "____ poop"
nubbins`: and they're shiny because of confectioner's glaze, not shellac
ThickAsThieves: from what i read, it sounds like they are using real poop
nubbins`: you're telling me that stores are representing animal feces as food?
ThickAsThieves: where does that text say to eat it?
ThickAsThieves: no one eats shellac
nubbins`: ಠ_ಠ
ThickAsThieves: unless by mistake on table fruit
nubbins`: maybe we're talking about different things
ThickAsThieves: "Moose scat is commonly found on trails. Some souvenir shops sell bags of it, sealed with shellac and labeled with humorous names."
nubbins`: but i've seen bags of "moose droppings", "elk droppings", etc
nubbins`: and they're invariably chocolate-covered almonds
ThickAsThieves: peanuts are a variable!
nubbins`: i know this because i love chocolate covered almonds, and dislike feces, and have eaten many bags of "moose droppings"
nubbins`: and none of them have been shellacked poo
ozbot: Moose Poop Souvenirs | Alaskan Specialties
nubbins`: booya
ThickAsThieves: you didnt quote candy
gribble: Error: "c" is not a valid command.
nubbins`: if you can find me a bag of shellacked shit with a humorous name, i'll accept defeat
nubbins`: but i still hold that the author of that caption is just confused
ThickAsThieves: why call the author confused when he details a thing that exists?
ThickAsThieves: very confusing ;)
ozbot: Students tricked into eating moose poop by school staff - Manitoba - CBC News
benkay_: good moooorning
ThickAsThieves: "Droppings stuck in girl's braces"
nubbins`: "Two Grade 8 teens from the school in Grand Marais, Man., were given the poop but told they were chocolate-covered almonds."
benkay_: urbit is the greatest time sink ever
ThickAsThieves: "Not a joke, anti-bullying expert says"
nubbins`: "An international anti-bullying expert is shocked by the incident."
nubbins`: if it's not a joke, why can't i stop laughing?
nubbins`: aaaaaah hahahahaha
ThickAsThieves: to be an anti-bullying exper, must youi get beat up a lot?
nubbins`: see, "moose dropping" chocolate is so common that these kids legitimately had no idea that it might actually be poop
nubbins`: lel x 1000
nubbins`: tat, i think it's a prerequisite
ThickAsThieves: what's this lel stuff?
ThickAsThieves: some 4channery i missed?
nubbins`: i don't like using "lol"
ThickAsThieves: i used to be that way
nubbins`: but "hahahahaha" doesn't always work
ThickAsThieves: i gave up
nubbins`: so i figured saying "lel" would get the message across
ThickAsThieves: in a hipster way
nubbins`: and burn out some people in the process
nubbins`: hipster is an artificial construct
ThickAsThieves: you kids and your ideas
saulimus: löl
nubbins`: remember when we called them "metrosexuals"?
benkay_: nubbins`: https://www.youtube.com/watch?v=4X2AvfSTi6Q
ThickAsThieves: metrosexuals were something else
nubbins`: another word to hate on people with personal style
nubbins`: same thing
ThickAsThieves: americans trying to look european
pankkake: thin?
ThickAsThieves: now americans trying to look european are known as rappers
ThickAsThieves: everyone in Amsterdam was much better looking that in the US
ThickAsThieves: dressed well
ThickAsThieves: must be all the cycling
benkay_: all the not eating garbage
ThickAsThieves: mircea_popescu, i took a picture of all the bicycles for you but forgot to post it
nubbins`: all the everything
nubbins`: all the culture?
nubbins`: all the history
ThickAsThieves: then next day NY (i think) announced a plan to use ducts underground for trash
nubbins`: hahaha
ThickAsThieves: it's happening!
nubbins`: so basically just dump it in the sewers?
nubbins`: "the water filters all this stuff out"
ThickAsThieves: mp says all transport and trash should route underground
nubbins`: good luck with that
ThickAsThieves: which isnt a bad idea
nubbins`: we can't even figure out underground electrical wires
ThickAsThieves: wireless trash!
nubbins`: you tend to stop seeing them after a while, but just take note of the massive amounts of wires strung all around the place the next time you're outside
nubbins`: it's retarded
mircea_popescu: nubbins` the dope dealers gotta strung the shoes somewhere...
nubbins`: they do headphones instead of shoes here
ThickAsThieves: the caption was sposed to be: mircea_popescu, what should i do? http://imgur.com/F6V77ER
assbot: [BTCTC] [LABCOIN] 16806 @ 0.00013533 = 2.2744 BTC [-] {10}
ThickAsThieves: shoulda brought a grenade
assbot: [BTCTC] [LABCOIN] 1173 @ 0.00013 = 0.1525 BTC [-]
mircea_popescu: so what is this log, has nubbins` been scamming everyone with shis moose shit ipo ?
ThickAsThieves: weird, my camera makes square photos
nubbins`: dividends, &c
mircea_popescu: benkay_ wait till the strip poker hits!
mircea_popescu: ThickAsThieves burn them anyway.
assbot: [BTCTC] [LABCOIN] 45000 @ 0.00012429 = 5.5931 BTC [-] {7}
nubbins`: speaking of shellac, we had some tenants move out a couple months ago
nubbins`: such a stink of cat shit/piss that we had to use shellac-base paint on the walls
mircea_popescu: how do you know it was cat shit.
nubbins`: they left 3 full litter boxes
ThickAsThieves: and he is an expert on droppings
mircea_popescu: people with cat syndrome.
nubbins`: well, i like chocolate covered almonds and cats
nubbins`: im actually gonna upload the pictures i took after they "moved out"
nubbins`: gimme a couple minutes
jurov: so i just found out some btct users used an address from online wallet that has no signature functions
nubbins`: bummer
jurov: there will be fun yet
jurov: first blood, then fun
mircea_popescu: so they get to pester the online wallet to implement signatures in order to get their w/e ?
ThickAsThieves: jurov you have like a small qty of holders no?
ThickAsThieves: you really need wallet sigs?
ThickAsThieves: arent you the only one that knows share counts?
ThickAsThieves: tell them to give that
ThickAsThieves: along with btct email and account name
jurov: yes not many but why not do things properly? https://coinbr.com/btct/idiff_1
ThickAsThieves: you just said why ;)
jurov: fortunately i can just pay out untransferred future contracts and be done with them
benkay_: mircea_popescu: after I write this Nock interpreter and then learn Hoon...
ozbot: FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder | Technology | theguardian.c
ThickAsThieves: they dont know
ThickAsThieves: isnt that amount extrapolated from their guess of commissions on their guess of all sales to date?
jurov: what, it's 600k now?
mircea_popescu: ThickAsThieves yup.
pankkake: oh, maybe
mircea_popescu: jurov the point about how im lolling at them for not making any forfeitures this turn around burned.
mircea_popescu: so they're trying :D
ThickAsThieves: the article also notes how since the fbi has his wallet, the coins cant be spent
benkay_: yea superherp
mircea_popescu: the state is in for a rude awakening.
mircea_popescu: it will happen ion about one more week
jurov: i'm waiting out for revelation how much of these bitcoins they gave him
mircea_popescu: m,aybne two
mircea_popescu: at which point, watch the bitcoin foundation go in overdrive.
benkay_: mircea_popescu: you refer to the debt ceiling?
ThickAsThieves: i'm still hoping that Ross isnt even the guy'
ThickAsThieves: would be so fun
lewicki: If the FBI confiscated all copies of the private key, then maybe.
mircea_popescu: ThickAsThieves here's a simple plan : pay someone a little coin to be the fall guy.
mircea_popescu: they can't prosecute you for something they already convicted someone else for.
ThickAsThieves: i just find it hard to believe that DPR would be this sloppy
ThickAsThieves: he KNEW he would get arrested one day
assbot: [MPEX] [S.MPOE] 15037 @ 0.00084201 = 12.6613 BTC [+] {5}
ThickAsThieves: so he MUST have a plan
mircea_popescu: he didn't plan on tor being a surveillance tool.
lewicki: public defender count?
mircea_popescu: the rest is "parallel construction"
pankkake: mircea_popescu: that wasn't how he was arrested at all so…
jurov: ThickAsThieves: what should he do? lend them to theymos for greater drama?
ThickAsThieves: how did fbi get the server copy anyway?
pankkake: and why would criminals crime if they thought they couldn't get away with it?
pankkake: he used a vpn to connect to the server
pankkake: and they asked the vpn
ThickAsThieves: and why was he living in a $1000 apartment?
lewicki: Even if the FBI only found out where the coins were stored. Eventually those coins would have to be used somewhere that could be "backtraced". Those mixers are not infallible
pankkake: not everyone needs to live in a mansion with two pools
ThickAsThieves: an apartment tho?
mircea_popescu: lewicki yes, yes they are.
ThickAsThieves: like why live witha roommate
pankkake: yes, that is weird indeed
lewicki: at what point do you say, 20...30..80 million is enough
mircea_popescu: because no friends ?
ThickAsThieves: so hang out at starbucks
pankkake: when I'm a trillionnaire I'll still live in a small appartment, but with people? no way!
ThickAsThieves: doesnt make sense
ThickAsThieves: if you have that much money
ThickAsThieves: you leave the US too
mircea_popescu: he didnt have that much money.
mircea_popescu: he struggled for three weeks to move a kg of coke.
assbot: [HAVELOCK] [AM1] 6 @ 1.3072 = 7.8432 BTC [-] {3}
pankkake: he could simply like where he lives
mircea_popescu: this is the definition of small timer.
pankkake: indeed that thing is weird
pankkake: why would the megaboss of the internet mafia do that?
mircea_popescu: the average car salesman sells more worth of car a day.
mircea_popescu: likely for a better cut, too.
ThickAsThieves: there will def be more to thi story
pankkake: a drug dealer is usually more honest than a car salesman though
mircea_popescu: my bet is that as the feds get enough of being humiliated it quietly drops into oblivion.
benkay_: it's not unbelievable that the nerd running the SR show would know nothing about actually moving product
ThickAsThieves: wasnt really his job anyway
mircea_popescu: why did he get involved is what i want to know.
mircea_popescu: it's so stupid this shit. im torn as towhether to do a write-up of why it's stupid and in the process prove i understand the drug trade all too well or just stfu.
benkay_: oh please do
ThickAsThieves: probably just a whim, coder says oh i can make a thing!
ThickAsThieves: then makes it live
ThickAsThieves: and just kinda rolls with it
benkay_: then btctalk can add drug dealer to the list of epithets they spit
ThickAsThieves: isnt the story that there is an original and a 2nd owner?
pankkake: the issue is that he wasn't nerd enough. he made technical mistakes, and then wasn't paranoid enough, thought he has the street smarts or whatever
ThickAsThieves: i find that not believable
ThickAsThieves: technical mistakes sure, but not paranoid enough?!
ThickAsThieves: he aided in a drug supermarket
Apocalyptic: he posted under his real name...
ThickAsThieves: how could he not be paranoid
Apocalyptic: of course he wasn't paranoid enough
ThickAsThieves: allegedly
ThickAsThieves: maybe Ross is the original guy
ThickAsThieves: and realized quickly he was too deep
ThickAsThieves: and that he wasnt paranoid enough at the start
ThickAsThieves: so he sold it
ThickAsThieves: and now that guy is out there
ThickAsThieves: probly running BMR etc
assbot: [HAVELOCK] [AM1] 2 @ 1.40999999 = 2.82 BTC [+]
ozbot: BBC News - China tells US to avoid debt crisis for sake of global economy
ThickAsThieves: "We hope the United States fully understands the lessons of history," Mr Zhu said
assbot: [HAVELOCK] [AM1] 1 @ 1.41 BTC [+]
Rulother: China should know the US better by no
Rulother: now*
kakobrekla: China will grow larger.
jurov: Rulother and what can China do? covertyl assassinate few tea partiers?
Rulother: If we were only so lucky
assbot: [HAVELOCK] [AM1] 24 @ 1.41583331 = 33.98 BTC [+] {6}
assbot: [HAVELOCK] [HIM] 1 @ 0.12989999 BTC [-]
assbot: [HAVELOCK] [HIM] 1 @ 0.1299 BTC [+]
assbot: [HAVELOCK] [AM100] 25 @ 0.013632 = 0.3408 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 7300 @ 0.00084306 = 6.1543 BTC [+]
assbot: [HAVELOCK] [AM100] 8 @ 0.0137 = 0.1096 BTC [+]
assbot: [HAVELOCK] [AM100] 8 @ 0.0137 = 0.1096 BTC [+] {2}
benkay_: oooh
ThickAsThieves: hmm google docs is not letting me paste into google a spreadsheet without installing google drive for chrome (i'm using opera)
ThickAsThieves: suddenly
benkay_: pallet ;)
mircea_popescu: pellet lol
benkay_: waaat
Kleeck__: wtf
ThickAsThieves: Honey I Shrunk Fox News
assbot: [BTCTC] [FN] [DMS.SELLING] 60 @ 0.00375 = 0.225 BTC [-]
dexX7: lol
Kleeck__: Bigger screems means we're more relevant, right? RIGHT GUIZ?!
ThickAsThieves: now every foxnews viewer will be compelled to get a tablet
mircea_popescu: 1 btc to the first person that hacks into their tablets and puts cp on.
mircea_popescu: resulting in all of fox news being put on the sex offender register
Duffer1: they'd blame obama
ThickAsThieves: bigger bounty deserved!
Duffer1: get off scot free
ThickAsThieves: I'll add 2btc, but not cp, I want mp on a horse
mircea_popescu: i think that horse was underage anyway.
chris_: you can settle for mp on a camel now
mircea_popescu: i dunno if i made camel pix
b0n1: is there any back and lay betting exchange for btc?
b0n1: like betfair
mircea_popescu: about a dozen people tried and failed. if you care to understand the reasons i can link you to a write-up.
assbot: [HAVELOCK] [AM100] 100 @ 0.01300059 = 1.3001 BTC [-] {5}
b0n1: yeah, would be nice
b0n1: is it the low volume problem on startup?
assbot: [HAVELOCK] [AM100] 45 @ 0.013 = 0.585 BTC [-] {2}
mircea_popescu: lemme see ehre
assbot: [HAVELOCK] [AM100] 300 @ 0.01264222 = 3.7927 BTC [-] {10}
ozbot: Least likely to succeed character : The upseller pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: 2nd half is the meat of it.
b0n1: you mean the liquidity problem?
assbot: [BTCTC] [MININGCO.ETF] 16 @ 0.0219375 = 0.351 BTC [+] {2}
jborkl: I stopped by and talked to Cointerra in person
mircea_popescu: o hey. what's he say ?
jborkl: There was 3 of them, I got to see renderings that are not published yet- talked for about 1.5 hours- I also told them the advantages of listing on MPEX
mircea_popescu: 3 cointerras ?! how many drinks did you have ? :D
mircea_popescu: anyway, article incoming i trust ?
jborkl: yes and I have access to preferred pricing for interested parties
jborkl: I will put a article in a little while
mircea_popescu: lol you're a distributor nao ?
jborkl: no
dexX7: jborkl: where do you publish your article?
jborkl: bitcoinnews.com - I will put it up in a hour or so
dexX7: ty
jborkl: I asked them why they listed with Pico and not MPEX
mircea_popescu: what'd they say ?
jborkl: What they said made sense, for the US- Pico is a holding co and buys a block from them. You actually buy Pico holding and not Cointerra
dexX7: wait, the listing there is legit?
mircea_popescu: dexX7 im about as amazed myself.
pankkake: communication is terrible though
ThickAsThieves: ridiculous...
mircea_popescu: tapeout 28nm... so what's this, march ?
jborkl: The listing at Pico is Cointerra, I can tell you that
jborkl: I asked him point blank
ThickAsThieves: still ridic
jborkl: They say, shipping is December - Remember I am not promoting or pumping anything- just telling you what I went by and saw
ThickAsThieves: thats not why i'm saying it's ridic
pankkake: so do they really plan to mine too?
dexX7: well. i'm still not 100 % convinced. tytus is the one who created the listing, that's no new info, so i'm not surprised that he confirms the listing.
pankkake: because the pico guy said "maybe or maybe not"
mircea_popescu: well that's good, cause I can make a bet,.
jborkl: They said they will have a datacenter in Dallas, TX
mircea_popescu: o wait, they don't sell units ?
jborkl: yes they do
pankkake: they do, and their initial plan was to do only that
jborkl: they will have hosting (3rd party) and selling units
jborkl: The units I saw (final design I think) has liquid cooling standard - has 2 900 w power supplies and draws at the wall approx 1300
ThickAsThieves: whats their customer protection plan?
jborkl: did not ask that
jborkl: I do not believe on protection plans excpt condoms
ThickAsThieves: it's not a matter of belief
jborkl: I did not ask that question
ozbot: Price Protection – CoinTerra
jborkl: I asked almost everything else
ThickAsThieves: not the best plan :/
jborkl: Chips are supposed to be from (700 grade a to 500 grade d) I assigned the a-d values myself
ThickAsThieves: lol that deal sucks too
ThickAsThieves: 30% per month?
pankkake: oh, right, I confused thirty and thirteen
ThickAsThieves: "I can't wait to see where share price goes once we list on a new exchange, and as we get closer and closer to delivery"
jborkl: I was told the deal I could get, and I think I could do a little better even
ThickAsThieves: only one protection plan makes sense, discount = diff increase
ThickAsThieves: or hashpower
pankkake: bfl would be bankrupt!
ThickAsThieves: shouldnt they be?
Au-WireBeard: Im sure theyve drafted notice
pankkake: I'm not sure it would be better for customers - they would get nothing
jborkl: If they actually make this chip, BFL is screwed (like they were not before?)
ThickAsThieves: pankkake BFL customers are already in that spot no?
ThickAsThieves: many of them
ThickAsThieves: the point here isnt to drive the company into the ground
pankkake: yes, still half screwed is better than fully screwed?
ThickAsThieves: it's to force them to name a real release date
ThickAsThieves: and sell at a real price
pankkake: jborkl: well, they have preorders, so maybe only for new orders
assbot: [BTCTC] [FN] [DMS.SELLING] 25 @ 0.0041 = 0.1025 BTC [+]
pankkake: maybe customer protection should be provided by a third party
mircea_popescu: how do bfl customers have a prayer ?
mircea_popescu: they ordered when diff was <1% of current
ThickAsThieves: how would that work pankkake?
assbot: [BTCTC] [BITVPS] 111 @ 0.00154979 = 0.172 BTC [+] {3}
mircea_popescu: ya srsly.
jborkl: isnt that just mining diff futures?
pankkake: an insurance type of thing?
pankkake: probably, except not really tied to a hardware release
ThickAsThieves: doesnt work in this case
assbot: [BTCTC] [BASIC-MINING] 40 @ 0.0499 = 1.996 BTC [+]
assbot: [BTCTC] [PAJKA.BOND] 19 @ 0.01349 = 0.2563 BTC [+]
ThickAsThieves: the problem being addresses is that these companies are putting all risks onto the customers
ThickAsThieves: addressed*
pankkake: what I have in mind is that the companies finance the thing, but it's a pool; that way customers can feel safe even if the companies go bankrupt
ThickAsThieves: and what of the insurance company?
ThickAsThieves: they only profit if things ship on time
ThickAsThieves: otherwise they die
ThickAsThieves: the equation must put risk on the manufacturer
pankkake: the manufacturer pays the insurer, and gets its money back if it ships on time?
ThickAsThieves: no escaping that
mircea_popescu: how;s the manufacturer paying the insurer,
kakobrekla: preorders allow for that risk to be mitigated
kakobrekla: people themself allow this to happen to themself
pankkake: yes, the how is an issue :)
mircea_popescu: wjhen 99% of cases manufacturer can't afford a 100 btc bitbet ?
mircea_popescu: that'd allow the customers to buy insurance, at a market-established fair premium
mircea_popescu: but... ask them about it.
pankkake: the bet is all-or-nothing though
dexX7: maybe you should work on a better promotion/presentation. it is indeed a good idea, but "wtf is bitbet, why is this relevant"
assbot: [BTCTC] [BITVPS] 452 @ 0.001589 = 0.7182 BTC [+] {2}
ThickAsThieves: it doesnt matter
ThickAsThieves: to participate is to put attention on the risk
ThickAsThieves: they dont want that
ThickAsThieves: since the risk is all yours
ThickAsThieves: 100btc is nothing
ThickAsThieves: doesnt preclude customers from being ripped
lewicki: tat, eta on video of presentation?
mircea_popescu: right-o.
pankkake: what can you do if your ETA is really two weeks? say 14 days?
pankkake: 2.00001 week?
kakobrekla: just after soon enough
Au-WireBeard: 336 hours from now
pankkake: 2100 blocks!
pankkake: 2016*
gribble: Time since last block: 3 minutes and 10 seconds
nubbins`: im gonna start using blocks as a measure of distance
nubbins`: "oh, that's only three blocks away"
mircea_popescu: so here we go :
nubbins`: but the joke will be on you!
ozbot: BitBet - Cointerra will deliver in 2013
pankkake: the good thing about that rising difficulty, is that now bitcoin = litecoin
ThickAsThieves: the only thing litecoin has left going for it is for a major exchange to support it
ThickAsThieves: otherwise it's usless
ThickAsThieves: it goes down when btc goes up
ozbot: BitBet - ActiveMining will be profitable for most investors
ThickAsThieves: and down when btc goes down
dexX7: this bet is closed?
pankkake: there are some fiat exchanges supporting it. but it's just one step anyway, so why would it change that much?
dexX7: oh
dexX7: nvm
ThickAsThieves: "Should btct.co disappear before that date or should proof emerge of btct.co failure to pay any liquid and exigible debt to any investor this bet resolves as No."
dexX7: lol
dexX7: yes
pankkake: eh… that certainly wasn't my intent when creating the bet
pankkake: it was on BitFunder at the time, and still is
pankkake: and I didn't write that text
ThickAsThieves: answer will still be No
pankkake: now people are going to be angry at me
ThickAsThieves: dont worry
mircea_popescu: dexX7 well cause btctc crapped ouit
pankkake: still a very bad way to handle things
dexX7: yes, i was hasty
mircea_popescu: pankkake welcome to bitbet, a game of unpredictable consequences.
ThickAsThieves: let's just put that condition on all bets
pankkake: I regret promoting a bet I didn't specify fully then
mircea_popescu: i suppose it can be remade to reference bitfunder isntead
ThickAsThieves: Red Sox will win world series, this bet resolves as No if Bitfunder closes
pankkake: and I'm unhappy about *winning*, let's be clear
mircea_popescu: moar like "red sox will win world series, this bet resolves as no if world series doesn't exist anymoar"
dexX7: then you should have read the bet more carefully?
mircea_popescu: ya next time don't win on bets you didn't read carefully.
pankkake: no but see, I wrote the bet, except the last part
ThickAsThieves: i thought the whole point of btc investing was to profit by mistake?
mircea_popescu: i guess so
ThickAsThieves: and that gambling = investing
mircea_popescu: so it's now 5.06 to 0.04
mircea_popescu: anyone got any confidence at all in cointerra delivering ?
ThickAsThieves: didnt CT already say delivery is in Jan?
mircea_popescu: <jborkl> They say, shipping is December - Remember I am not promoting or pumping anything- just telling you what I went by and saw
pankkake: mircea_popescu: I think they will, but I'm to going vote No as an hedge
ThickAsThieves: their own site says Jan
BingoBoingo: pankkake: You don't vote on bets, you bet on them
dexX7: do you have orders on ct, pankkake?
pankkake: kinda
mircea_popescu: TerraMiner II – 1TH/s, Networked ASIC Miner (Early January Batch)
mircea_popescu: this would imply there's an earlier teraminer i neh ?
pankkake: december batches are sold already, as I understand
dexX7: ah i see
dexX7: so there were dec orders?
mircea_popescu: apparently.
dexX7: according to their resume, they are the creme de la creme
pankkake: yes. though it isn't everything. and it seems to be their *only* way of saying they're the best
dexX7: well, they are new and have no finished product yet
mircea_popescu: asciilifeform does it hold true for metal case ?
assbot: [MPEX] [S.MPOE] 6600 @ 0.00084194 = 5.5568 BTC [-] {2}
asciilifeform: yes, unless the latter is 1) grounded 2) has no openings larger than the wavelength in question
asciilifeform: see: 'Faraday's cage.'
jborkl: yes, they said there were December orders
mircea_popescu: it would be solid, so no openings.
asciilifeform: solid + grounded works.
mircea_popescu: grounded is actually no good i suspect,
mircea_popescu: antenna effect
mircea_popescu: better to have it POWERED
assbot: [HAVELOCK] [B] [XBOND] 4630 @ 0.00126881 = 5.8746 BTC [+] {2}
asciilifeform: power line becomes a potential antenna in that case
asciilifeform: ThickAsThieves: idea is that you want to disperse any excess charge on the case as quickly as possible.
mircea_popescu: or dilute it.
asciilifeform: it also depends if you're trying to merely keep RF in, or also out.
ThickAsThieves: so can kb be made with a "jammer"
ThickAsThieves: something that inserts random waves or such
asciilifeform: i've often thought about cobbling together a keyboard based on pinched optical fibers for the scanning matrix
mircea_popescu: the correct solution is to buy your own acre
mircea_popescu: and shoot anyone that trespasses
ThickAsThieves: or something like how noise cancellation works
pankkake: or lead walls
ThickAsThieves: what about an all-digital kb? like with an lcd display
ThickAsThieves: the next Cyprus btc bubble?
nubbins`: i dont get this debt ceiling thing
ThickAsThieves: is this what the romanian btc conference will be like?
nubbins`: why don't they just raise it to infinity
nubbins`: it's not like it matters
mircea_popescu: o yeah, i should do a reminder.
assbot: [BTCTC] [DMS.MINING] 228 @ 0.00122 = 0.2782 BTC [-]
kakobrekla: dafuq is Ven
mircea_popescu: substantial discount if you get your vip seats this year.
kakobrekla: what two vips and both losers
assbot: [BTCTC] [FN] [DMS.SELLING] 76 @ 0.00402105 = 0.3056 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 30 @ 1.27578034 = 38.2734 BTC [-] {8}
ThickAsThieves: treehugger coins
mircea_popescu: some hippy shit
pankkake: ven was some hype private currency a while ago
mircea_popescu: was the herp-business nefario was discussing at his pre-sudden death conference
mircea_popescu: that was the "big thing"
kakobrekla: o yeah i have some backflashes
mircea_popescu: remember ven ?
mircea_popescu: lemme grep. i like to grep.
kakobrekla: vaugley
pankkake: "The value of Ven is determined on the financial markets from a basket of currencies, commodities and carbon futures."
kakobrekla: krakens are retarded :(
pankkake: I'm sure they're only doing it because Ven paid them
assbot: [HAVELOCK] [AM100] 74 @ 0.01253539 = 0.9276 BTC [-] {8}
kakobrekla: ok, not retarded but whores, then.
mircea_popescu: Oct 15 04:19:18 <mircea_popescu>i tend to recall this ridiculous Ven thing being a bluechip asset.
mircea_popescu: that's a year ago
assbot: [HAVELOCK] [AM1] 13 @ 1.25000001 = 16.25 BTC [-] {3}
assbot: [HAVELOCK] [HIM] 1 @ 0.12999998 BTC [+]
assbot: [BTCTC] [ASICMINER-PT] 32 @ 1.26612499 = 40.516 BTC [-] {5}
mircea_popescu: Sep 22 04:42:04 <mircea_popescu>nefario i've been perusing with much amusement your summaries of discussions with "lawyers"
mircea_popescu: Sep 22 04:42:06 <mircea_popescu>stick to ven.
mircea_popescu: lmao aww
zoinky: can still trade on btct?
mircea_popescu: Sep 22 03:32:07 <nefario>Yeah I'm dropping ven
kakobrekla: can still trade on glbse?
kakobrekla: ;;seen nefari
zoinky: lol
gribble: I have not seen nefari.
kakobrekla: ;;seen nefario
gribble: nefario was last seen in #bitcoin-assets 1 year, 1 week, 5 days, 23 hours, 2 minutes, and 24 seconds ago: <nefario> Those assets are not listed or traded anymore
kakobrekla: here!
mircea_popescu: Sep 22 03:16:18 <nefario>I don't actually exist
mircea_popescu: Sep 22 03:16:20 <nefario>just a bot
mircea_popescu: Sep 22 03:16:26 <mircea_popescu>and incidentally, it occurs to me i still don't see your connection to bitcoin.
mircea_popescu: Sep 22 03:16:29 <mircea_popescu>you're a ven developer.
mircea_popescu: Sep 20 17:04:40 <nefario>kakobrekla: you think Ven is scamconomy? then WTF has bitcoin turned into?
mircea_popescu: Sep 20 16:18:30 <kakobreklaaa>>Learn about our historic commodity and carbon credit trades using Ven.
mircea_popescu: Sep 20 16:18:32 <kakobreklaaa>omfg
mircea_popescu: Sep 20 16:18:35 <kakobreklaaa>green nazi ppl
mircea_popescu: Sep 20 16:19:57 <kakobreklaaa>ban carbon credits
mircea_popescu: anyway, that's the gist of it.
kakobrekla: i still hold dat opinion
mircea_popescu: cause you're stubborn! ven has come such a long way since last autumn
mircea_popescu: its tits sag a little more now!
pankkake: well, carbon credits are a scam. or more exactly, warmists invented carbon credits to profit from their scam :)
mircea_popescu: and then the russian mafia beat them to the punch.
assbot: [BTCTC] [ASICMINER-PT] 1 @ 1.393 BTC [+]
pankkake: the russian mafia sells carbon credits?
mircea_popescu: kakobrekla actually, 3 losers! list updated.
pankkake: I don't understand how/why
mircea_popescu: because it's a racket.
mircea_popescu: and rackets are what the mob does.
mircea_popescu: what's to understand ?
asciilifeform: 'when buying & selling are regulated, the 1st thing to be bought'n'sold is the regulators' (ms. rand?)
mircea_popescu: for the record : "A racket is a service that is fraudulently offered to solve a problem, such as for a problem that does not actually exist, will not be affected, or would not otherwise exist."
assbot: [HAVELOCK] [B] [XBOND] 1641 @ 0.00124 = 2.0348 BTC [-] {2}
pankkake: yes, but then governments are the criminals already, why would the russian mafia sell carbon credits?
mircea_popescu: because the mafia is more efficiently organised, by more determined, better people than any government
mircea_popescu: thus any lucrative racket is taken over from any govt.
pankkake: well, they probably would give me better health insurance, but it isn't happening yet :p
pankkake: anyway, I suppose you know about al gore owning a carbon credit company
nubbins`: "warmists"
kakobrekla: >FBI struggles to seize 600,000 Bitcoins from alleged Silk Road founder
nubbins`: kakobrekla: read that, heavy lels
ThickAsThieves: what do they pay court artists these days? peanuts?
nubbins`: tat, lsd sugar cubes
nubbins`: apparently
ThickAsThieves: is that an antenna coming out of his head?
ThickAsThieves: "Even if the FBI is not able to transfer the money, merely having possession of the wallet file itself is enough to prevent the coins being spent. The Bureau is in a position equivalent to having seized a safe belonging to a suspect with no idea of the combination – and no hope of forcing it open any other way."
nubbins`: i think it's the edge where those two alternate planes of reality meet
mircea_popescu: how retarded are these people ?
nubbins`: no hope of forcing it open!
nubbins`: i give it a week before the coins vanish
ThickAsThieves: any other way than what?
assbot: [BTCTC] [BASIC-MINING] 20 @ 0.04998 = 0.9996 BTC [+] {2}
kakobrekla: do we know where they are parked?
nubbins`: any other way than with the "combination"
asciilifeform: nobody cancelled rectothermal cryptoanalysis!
ThickAsThieves: kako, we dont know they exist imo
mircea_popescu: "the bureau is in a position equivalent to having snatched copies of michelle obama masturbating on camera
mircea_popescu: even if this does nothing for her, they can certainly jack off in peace"
ThickAsThieves: with the lens cap on
assbot: [MPEX] [S.MPOE] 5900 @ 0.00084331 = 4.9755 BTC [+] {2}
ThickAsThieves: you can still hear the squishy noises!
mircea_popescu: and all the other people that have copies can even see it!
mircea_popescu: "The Dixie Mafia is a criminal organization based in Biloxi, Mississippi, and operated primarily in the Southern United States"
mircea_popescu: i just fell over laughing
nubbins`: WHOA
ozbot: Bitcoin Transaction c99eab8a071d91ce60de038c0d6bff8a51d9f566ef977edc91f6bcf091b7c06f
nubbins`: Public Note: Eu sou do Brasil... Eu quero expressar minha opinião sobre a drogas... o governo prende quem vende drogas só por causa que não da lucro para o governo... então acaba com com o cigarro com as bebidas alcoólicas...
dexX7: Public Notice: I'm from Brazil ... I want to express my opinion on drugs ... the government holds those who sell drugs just because they do not profit from the government ... then ends with the cigarette with alcohol ...
nubbins`: oh, sorry, that note is attached to the previous tx (0.00012 BTC)
nubbins`: nevermind
dexX7: oh
assbot: [MPEX] [S.MPOE] 6550 @ 0.00084353 = 5.5251 BTC [+]
nubbins`: i guess they're still transferring coin from sr -> fbi
mircea_popescu: lmao all the people emailing
pankkake: "This seizure was only legal because bitcoin is not recognized as a currency" lol
ThickAsThieves: lol it's his AM dividend
nubbins`: yeah
nubbins`: these comments are about the same caliber as youtube comments
mircea_popescu: pretty much.
ozbot: Bitcoin Transaction db3ed0a71adb085df9ef190c20a4fcf36ef8988bff86eeeccd7ed6328aa3381a
asciilifeform: nah, the 250btc was the fee for taking the soldering out of his arse for ten minutes.
ThickAsThieves: "Evolution did not end with us growing opposable thumbs. You do know that, right? There's another 90 percent of our brains that we have to illuminate."
pankkake: ;;bc,stats
gribble: Current Blocks: 262271 | Current Difficulty: 1.8928124928103292E8 | Next Difficulty At Block: 264095 | Next Difficulty In: 1824 blocks | Next Difficulty In About: 1 week, 4 days, 22 hours, 7 minutes, and 3 seconds | Next Difficulty Estimate: 216225003.241 | Estimated Percent Change: 14.23477
jborkl: oh more KNC fire pics
jborkl: Fire! Fire
pankkake: post!
assbot: [BTCTC] [BASIC-MINING] 15 @ 0.0504 = 0.756 BTC [+] {3}
ozbot: Beavis and Butthead - FIRE FIRE! FIRE! FIRE! - YouTube
kakobrekla: urlpls
ozbot: KnCBurner v2 - Imgur
pankkake: wasn't a miner named bitburner?
jborkl: 3rd one I have seen
jborkl: lol yeah
dexX7: pankkake: yup, avalon board by burnin
kakobrekla: eh thats only a small fire
kakobrekla: just a fleshwound
jborkl: the 3 pics I have seen - they are all popping in the same spots
mircea_popescu: jborkl this is suspicious. if caps bust they should bust moire distributedly.
mircea_popescu: maybe there's an underlying fault in the pmb.
dub: tis but a scratch
jborkl: yeah, it is strange that they have done it in the same spot basically- so I would agree there is a common problem and not random failure
jborkl: .tslb
ozbot: 61.27 minutes
mod6: sweet, got my destroyer up and working
jborkl: yeah, over an hour
jborkl: fuck you diff 189
ThickAsThieves: mp what was the name of those notes that govs use to deal in large amounts of money?
ThickAsThieves: started with an S
ozbot: Sick of Your Local Police Force? Crowdfund Your Own - Slashdot
dub: inb4 buttcoin IPO for private police
pankkake: oh, nice. i thought this would be about the detroit guy
dub: Unlike Kickstarter, the Crowdtilt campaigns don't feature fabulous prizes for contributing; gifting $100, for example, won't entitle you to 'One (1) free "accidental" shooting of your choice.'
pankkake: not even a free anal cavity search?
lyspooner: hello everyone! did somesone say free anal cavity search?
ozbot: KNCburner - Imgur
ozbot: imgur: the simple image sharer
jborkl: I burned mine in on testnet
jborkl: lol
mircea_popescu: ThickAsThieves s ?!
mircea_popescu: lol has nothing to do with large amts of money >D
mircea_popescu: nor are they notes. so ftw.
mircea_popescu: special drawing rights are a gold substitute, basically, since nixon.
ThickAsThieves: thats the thing
ThickAsThieves: i wanted to read up on it better
ThickAsThieves: obv my understanding is wrong :)
mircea_popescu: you understand how the fed system works, rgiht ?
ThickAsThieves: basically i had no memory of the SDR topic when we last spoke about it, just knew it was something to do with governments
ThickAsThieves: but i recall you mentioning how bitcoin could be good for like purposes
ThickAsThieves: and i want more arguments as to why bitcoins ultimate use isnt necessarily as a currency to buy coffee
mircea_popescu: mkay. so the fed system works thusly : instead of the various banks shipping bullion back and forth as people deposit/withdraw money,
mircea_popescu: they just re-allocate shares of holdings in these fed mystery boxes
mircea_popescu: which meanwhile are empty, but that doesn't matter.
ThickAsThieves: like the ones germany wants to visit
ThickAsThieves: but cant
mircea_popescu: this process was very advanced for the 50s, and so it gave an edge to the banks.
mircea_popescu: now, sdrs are an attempt to implement a similar mechanism in international trade,
mircea_popescu: so that countries can just re-allocate their debt to each other through this mechanism
mircea_popescu: it was never fully implemented, and it never worked too well in practice,
mircea_popescu: cheifly because too many cooks involved, and some of them french
ThickAsThieves: "The SDR comes to prominence when the US dollar is weak or otherwise unsuitable to be a foreign exchange reserve asset. This usually manifests itself as an allocation of SDRs to IMF member countries. Distrust of the US dollar is not the only stated reason allocations have been made, however." says wiki
mircea_popescu: not really. afaik they were most proeminent due to a sudden liquidity systemic shock caused by the arab hike
ThickAsThieves: "China has also suggested the creation of a substitution account to allow exchange of US dollars into SDRs.[Williamson 3] When substitution was proposed before, in 1978, the US appeared reluctant to allow such a mechanism to become operational.[Williamson 4] It is likely just as reluctant today."
mircea_popescu: it was never really important since then
ThickAsThieves: so basically the US only likes dealing in financial instruments that don't require provable backing
assbot: [MPEX] [S.MPOE] 12000 @ 0.00084381 = 10.1257 BTC [+] {2}
mircea_popescu: this is universal.
mircea_popescu: people have been wanting to short mpex for a year,
mircea_popescu: provided they don't have to post any collateral.
mircea_popescu: they would bet, except bitbet requires the actual btc. etc.
ThickAsThieves: or sell miners, without taking any risk
assbot: [BTCTC] [BASIC-MINING] 10 @ 0.053 = 0.53 BTC [+]
mircea_popescu: sdrs are backed by a basket of other fiats. it's not that much backing in the first place.
mircea_popescu: moreover, as the proportion is fixed, they have all the disadvantages of a bimetallic system, which are marked.
ThickAsThieves: now if i recall, your background is in business consulting, why so much finance knowledge?
mircea_popescu: lol the crime iof knowing too much.
mircea_popescu: business consulting doesn't necessarily mean working for small businesses you know.
assbot: [HAVELOCK] [B] [XBOND] 263 @ 0.00121002 = 0.3182 BTC [-] {3}
ThickAsThieves: sure, but your degree of knowledge probably rivals most that are dedicated to the field
assbot: [HAVELOCK] [B] [XBOND] 251 @ 0.00120817 = 0.3033 BTC [-] {3}
mircea_popescu: as flattering as that may be, knowledge and understanding are sometimes divergent.
benkay_: mircea_popescu: what are the sundry disadvantages of bimetallic systems?
mircea_popescu: anyone can learn what the chess pieces are.
benkay_: (few can memorize the opening trees, much less play the chaotic variants)
mircea_popescu: benkay_ you have two metals that both work in the same capacity, and you fix an exchange rate between them which you can't easily change.
mircea_popescu: as a result you'll constantly be arbitraged out of value.
assbot: [HAVELOCK] [B] [XBOND] 286 @ 0.00120005 = 0.3432 BTC [-] {3}
mircea_popescu: if the yen is 11.6675% of a sdr and 11.6672% of the world economy people will short one and long the other somehow. this slowly whittles your holdings towards them.
mircea_popescu: on paper this sounds like nothing at all, but in practice the fabled soros breaking of the bank of england was this, fundamentally.
benkay_: o hey
benkay_: thanks
assbot: [MPEX] [S.BBET] 2000 @ 0.00059999 = 1.2 BTC [+]
robitnik: TAT, the NeoBee migration to Havelock seems to be going smoothly. Nice work.
assbot: [MPEX] [S.MPOE] 140 @ 0.00084387 = 0.1181 BTC [+]
assbot: [BTCTC] [LABCOIN] 5000 @ 0.000165 = 0.825 BTC [-]
ThickAsThieves: thx, Havelock made it easy
ThickAsThieves: still trying to reach Ukyo...
mircea_popescu: but anyway, back to the point : i didn't use sdrs as an example of the role of bitcoin.
mircea_popescu: i used sdrs as an example of a currency item that can never be bought or held by joe scjhmoe.
mircea_popescu: yet nevertheelss has a nonzero value
ThickAsThieves: so do you have specific predictions for how btc will be used in your possible future?
mircea_popescu: well yes, take for instance the letter of credit.
ThickAsThieves: international remittance seems the next wave
mircea_popescu: something like that.
mircea_popescu: currently if i wish to pay a supplier I must apply to a bank, which may within a month or so issue me a loc, provided
mircea_popescu: the supplier is on the us approved lists of suppluiers that may be paid, and the bank feels like doing it and so on and so forth.
mircea_popescu: or i can just send them 50k btc within a half hour and be done with it.
ThickAsThieves: sounda an awful lot like a check
mircea_popescu: well yes. a loc is basically a large industrial check.
mircea_popescu: they also cost way too much for what they do.
ThickAsThieves: more like a cahsier's check i suppose
mircea_popescu: more like a certified draft or w.e
dub: wtf is a bitbook
ThickAsThieves: nice article
mircea_popescu: very popular ?!
mircea_popescu: da fuck i never heard of it ?
lyspooner: hang on let me Tineye that image
dub: credible news source to boot
dub: BITSTARSITELOLKEK
pankkake: sports betting only it seems
mircea_popescu: o hey looky, bootstrap
mircea_popescu: Forbidden (403)
mircea_popescu: CSRF verification failed. Request aborted.
mircea_popescu: You are seeing this message because this HTTPS site requires a 'Referer header' to be sent by your Web browser, but none was sent.
mircea_popescu: that shit's dope.
mircea_popescu: "NO, IT'S A BAD GOD. THIS IS NOT GOOD... NO BITBOOK REPS, NO NOTHING RIGHT NOW. THE SITE JUST STRAIGHT UP DISAPPEARED. AND I WAS LITERALLY JUST WITHDRAWING THE BITCOINS INTO CASH. I HAVE LIKE $0 I NEEDED THAT MONEY SO BADLY YOU DON'T UNDERSTAND."
pankkake: > THAT'S LIKE SERIOUSLY MY LIFE SAVINGS
mircea_popescu: i guess there IS a sr alternative now ?
dub: HELP I NEED MY COINS. BITBOOK HAS 15 OF MY COINS THAT'S LIKE SERIOUSLY MY LIFE SAVINGS I'M GOING TO FLIP MY SHIT.
dub: oh snap
mircea_popescu: ha! you were last once dub boy!
dub: SHIT ABOUT TO BE FLIPPED YO
assbot: [HAVELOCK] [AM1] 7 @ 1.2 = 8.4 BTC [-] {2}
assbot: [BTCTC] [LABCOIN] 29391 @ 0.00012161 = 3.5742 BTC [-] {5}
mircea_popescu: anyway, here's a funny thing re locs that'll probably make anyone jealous.
mircea_popescu: my bank here in romania is giving me free securitized BLO forms which I may use for any amt, even 50 bux,
dub: so that 'blog' is 100% referral begging posts
mircea_popescu: and they DO include the extra call to release which is basically all a loc provides
dub: seems legit
mircea_popescu: making romanian banking better than bitcoin, even.
assbot: [BTCTC] [ASICMINER-PT] 7 @ 1.20628571 = 8.444 BTC [-] {4}
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00028843 = 1.4422 BTC [+] {2}
mircea_popescu: someone should ipo this.
ozbot: the touch - YouTube
nubbins`: i developed an algorithm to predict the next 12 difficulty increases last november, and it's been correct within 2% for the past five months
pankkake: I would be surprised if it worked for the following months
jurov: nubbins`: i reused mining forecast spreadsheet and it was very accurate, too
jurov: just assumed it will go up 30% every time and the time will shorten accordingly
kakobrekla: wiki doesnt have any info on joe scjhmoe
nubbins`: ah, i used ODEs, complicated as fuck
kakobrekla: o i was scrolled up nevermind
nubbins`: your method sounds easier ;p
ThickAsThieves: and how do you separate accuracy from coincidence?
nubbins`: see, that's the thing, you can't
jurov: yes i can't
nubbins`: plus i'm totally making this all up
nubbins`: so you need to weigh that as well
jurov: add to it cases when next increase falls around idiffs expiration time
assbot: [HAVELOCK] [AM100] 30 @ 0.01195825 = 0.3587 BTC [-] {6}
jurov: which is about to happen on October 16th
jurov: either 190m or 250m will be paid, no one knows how much
jurov: fun :)
jurov: short idiffs, ddos all the pools
nubbins`: profit!
nubbins`: you should ipo that
BingoBoingo: In which a representative of SolarWindMiningCompany asked "dafuq is BingoBoingo" http://www.thedrinkingrecord.com/2013/10/07/re_dafuq_has_the_nerve/ A reply to an AMAZING COMPANY
assbot: AMAZING COMPANY!
jurov: https://www.cryptsy.com/ moar altcoinz, moar amazing
assbot: AMAZING COMPANY!
ozbot: Cryptsy - Trade Home
nubbins`: ^^^ ipo that
nubbins`: amazing cat
assbot: AMAZING COMPANY!
Rulother: jeez
assbot: [BTCTC] [FN] [BTC-GROWTH] 4 @ 0.085495 = 0.342 BTC [+] {2}
nubbins`: do not click if you have epilepsy
jurov: too late
nubbins`: do not have epilepsy
nubbins`: i wonder would people buy green coffee beans with btc?
nubbins`: i've got a bunch that i won't be roasting any time soon
jborkl: What is smidge anyway?
mircea_popescu: lol good one.
jborkl: besides done and usagi
nubbins`: wasn't smidge traded on havelock for like a day and a half or something?
mircea_popescu: "I largely address the issue of who the fuck has the never for this "
dexX7: jborkl: otc fund
ozbot: Google Docs - Online documents, spreadsheets, presentations, surveys, file storage and more
mircea_popescu: smidge is this irl accountant guy with a jet fighter pilot wife and two kids, who used to broker for mpex and do a bunch of other venture stuff
mircea_popescu: but has been busy with fambly past year or so.
ThickAsThieves: isnt that smickles?
nubbins`: his kids brokered for mpex? jesus
dexX7: x_X
kakobrekla: its smickles yea not smidge
mircea_popescu: o fuck me.
nubbins`: smi*
mircea_popescu: ok ok. smidge is this dangerously close to smickles named guy, who;'s kinda young, unwed,
mircea_popescu: and been trying to do things of import on the forum with moderate success.
kakobrekla: smidge is also known as midge.
nubbins`: does he at least have a girlfriend who is a boat captain or something?
mircea_popescu: i suppose he's taken -pr ish advice and is nao lurking
ThickAsThieves: he also disappeared when we called him usagi
ThickAsThieves: and usagi disappeared too
nubbins`: we are all usagi
dexX7: yup from this channel
mircea_popescu: i don't think he's usagi because he made german-type slight style errors
dexX7: though smidge has a few social profiles which look legit
mircea_popescu: whereas princess oliver is purely midwestern
ThickAsThieves: yeah, he pm'd me very angry that day
dexX7: lol rly?
assbot: [BTCTC] [LABCOIN] 25113 @ 0.00012068 = 3.0306 BTC [-] {3}
ThickAsThieves: apparently being called usagi is a pretty damning insult
nubbins`: usagi is the new judas
mircea_popescu: i wonder if judas had tits
jborkl: calling someone Usagi is very insulting
mircea_popescu: would she had still been the villain
assbot: [BTCTC] [LABCOIN] 121603 @ 0.00011355 = 13.808 BTC [-] {20}
nubbins`: mircea_popescu: well, look at jesus' wife
jborkl: I think that means dumbass in Japanese
nubbins`: people called her a hooker!
jborkl: or maybe tranny
mircea_popescu: jborkl i agree. imo the insult ladder goes like taaki > usagi > pietilla > wagner
jborkl: taaki has awesome hair :/
assbot: [HAVELOCK] [AM1] 1 @ 1.17 BTC [-]
mircea_popescu: i never saw him naked.
jborkl: lol touche
dexX7: i liked pietilla before he went nuts
dexX7: btc = $ 300k !
mircea_popescu: i liked him after he went nuts past the point of common nuttery into pure trollage.
mircea_popescu: "If you are a representative of Solar Wind Mining reading this, be aware that I’m not calling you a scam. I’m saying that you potentially legitimate venture doesn’t even look as good as some scams, and this situation was entirely preventable."
mircea_popescu: ajhaha this is epic.
mircea_popescu: "bitch, i'm not saying you're a whore, i'm saying you look worse than plenty of whores and this is all your doing."
assbot: [HAVELOCK] [AM1] 10 @ 1.169 = 11.69 BTC [-] {2}
ozbot: FAQ | Bitcoin Press Center
assbot: [HAVELOCK] [AM100] 414 @ 0.01159447 = 4.8001 BTC [-] {12}
ThickAsThieves: self-nominated of course
mircea_popescu: Q: Do the moderators decide who is added or not?
mircea_popescu: A: No, the moderators only check accuracy. They are neither qualified nor authorized to make press relations decisions
jurov: who isn't?
jurov: maybe mpoe-pr can register :D
nubbins`: a+, would nominate
ThickAsThieves: they need some sorta badges too
ThickAsThieves: how can i add my klout score?
ozbot: Ryan Dickherber | Bitcoin Press Center
mircea_popescu: that can;t be a name
nubbins`: that's up there with Destiny Fardy-Butt
mircea_popescu: does he harbor the dick ?
ThickAsThieves: i should make one and use trilema quotes for all my citations
dub: usagi chose 'smidge' because it was close to smickles and he had gone awol
ozbot: Bitcoin Press Center | A global media center for bitcoin
dub: standard operating proceedure
nubbins`: he harbours that fucking stogie pretty well
jborkl: TuurDemeester < that was another name on the site
jborkl: turd dumpster
nubbins`: lelelel
ThickAsThieves: tuur is a pretty good dude
nubbins`: i bet the WSJ is calling him right now
jurov: btw and it came out exactly this dude is going to install bitcoin atm in bratislava
assbot: [MPEX] [S.MPOE] 3698 @ 0.00084045 = 3.108 BTC [-]
Apocalyptic: nice, do you know where exactly jurov ?
jurov: was not said where yet
pankkake: I want some bitcoin ass to mouth
jurov: JobTitle:CEO, IT Conslutant lmaoooooooo
nubbins`: so i received a judgment in the mail today, regarding the claim we filed against our previous tenants
nubbins`: they awarded us 100% of what we asked for!
nubbins`: party time
ozbot: Bitcoin Press Center | A global media center for bitcoin
jborkl: lolol
ThickAsThieves: so sexy!
pankkake: conslutant is a pretty much what consultants should actually call themselves
dub: nubbins`: spend it on psychotic hookers
ThickAsThieves: after seeing Roger Ver in person I no longer think someone had a gun to his head in that Gox-is-fine video, he's just that uncomfortable acting all the time
mircea_popescu: nubbins` get pankkake to tell you what the mystery drug is called
nubbins`: dub: i just press my ear to the wall if i want psychotic hookers
mircea_popescu: nubbins` why not ask them over ?
nubbins`: pankkake: what is the mystery drug called? (?)
ThickAsThieves: a fun moment was when Mike Hearn told the Mastercoin guy his project was shit
pankkake: I cannot tell
nubbins`: mircea_popescu: she's a beast
ThickAsThieves: something like "i believe you are actually trying to do it, i just dont think you are capable"
pankkake: so bitcoin central sends me a mail to say I'm refused again, does not tell me why, and the website says everything is still under review
nubbins`: currently she is screaming "GERRRAHHHHHHHHHHHH" to her empty apartment
ThickAsThieves: i think Hearn was my favorite guy
ThickAsThieves: he has that i'm so smart it hurts to be around you attitude
nubbins`: interspersed with wails of despair and things being thrown at walls
mircea_popescu: ThickAsThieves im curious what happens if hearn ever gets his shit together and shows up at some event of mine
mircea_popescu: cause basically i hold the same opinion of him.
ThickAsThieves: he was even reasonable when i asked him if he felt this whole decntralization of everything trend was a worthy pursuit
ThickAsThieves: said it's not his pursuit, and that i was right to question it
nubbins`: i'm going to start a forum called bitcoinchat.org
ThickAsThieves: i believe centralization is the natural evolution of most things
mircea_popescu: well sure. ask him if he thinks it's ok to submit revisions to code he's never read.
nubbins`: you have to pay to sign up
mircea_popescu: that'll be a diff question.
nubbins`: and you get dividends
nubbins`: every time you post
ThickAsThieves: i also asked him about the "core devs"
mircea_popescu: nubbins` something like that might actually work. a ponzi forum
ThickAsThieves: basically i expressed that this name alone worries me,
nubbins`: not a ponzi
nubbins`: you get divs!
mircea_popescu: you pay X to join, you get a percentage of all subsequent joins equal to your "trust rating"
mircea_popescu: as voted by other members.
ThickAsThieves: that accepting the devs as "core" is the most dangerous centralization in bitcoin
ThickAsThieves: on this he disagreed
nubbins`: mircea_popescu: i just need to figure out how to structure the "house edge"
ThickAsThieves: he says Gavin knows what's best and he trusts him, basically
ThickAsThieves: i didnt press the issue, but i disagreee
mircea_popescu: well i don't.
mircea_popescu: used to , but after the retarded server shit... meh.
ThickAsThieves: i both appreciate that some party is making the effort, and worry that it's just one party
ThickAsThieves: what if Gavin is wrong one day? or makes a big mistake?
mircea_popescu: im hard pressed to appreciate the effort these days.
ThickAsThieves: i also brought up the Btc foundation
ThickAsThieves: he said there's no situation where gavin would just do what they vote for
ThickAsThieves: paid or not
ThickAsThieves: did i already tell you guys about the moment with the central banks being put on the spot?
ThickAsThieves: it was pretty awesome
ThickAsThieves: it was the Regulation panel
ThickAsThieves: i wonder if there's a vid
nubbins`: do tell
ThickAsThieves: there is
ThickAsThieves: i'll find it
dub: what circlejerk have you been attending?
ThickAsThieves: Bitcoin Europe
nubbins`: aka BTC-E
dub: who ate the biscuit?
nubbins`: everybody
ThickAsThieves: the panel is Wieske Ebbe (Dutch Central Bank), Michael Maier (Fidor Bank), Niels Ploeger (Amsterdam Police), Joerg Platzer (Crypto Economics Consulting Group) & Casper Riekerk (Finnius Lawyers)
ThickAsThieves: finding place in video
ozbot: Regulation Of Bitcoin - The European Bitcoin Convention -- 2013 Amsterdam - YouTube
ThickAsThieves: there i think that's it
pankkake: interesting that non-hard-core-bitcoiners were there
pankkake: ;;tslb
gribble: Time since last block: 48 minutes and 5 seconds
ThickAsThieves: the audience question basically boils down to "Who are the real criminals, and what are you doing to regulate yourselves"
ThickAsThieves: it's the only question no one on the panel attempted to answer
dub: at 22:18?
pankkake: haha, nice
dub: (your links does nt work)
pankkake: at 37:40ish
ThickAsThieves: 37:10 is when it begins
pankkake: why does the mac have more than one apple logo?
pankkake: is this the special fanboy edition?
ozbot: imgur: the simple image sharer
nubbins`: that's one of the things the tenants left behind
nubbins`: fucked up
dub: lolwut
nubbins`: right?
jborkl: lol that is kinda strange
nubbins`: the guy who drew that has a 9yo daughter
nubbins`: and i found diapers in his room, too
nubbins`: really really really strange stuff
pankkake: I like those guys, they make me think I have a normal sexuality
nubbins`: he also had a photo album
BingoBoingo: Oh, the Ryan Dickherber character got a mention here. At some point he contacted me in response to some local meetup I half assedly tried to organize. He seemed rather boring so I didn't bother. Pretty sure it is actually his name though.
nubbins`: full of pictures of wizards, fantasy landscapes, and a small section of women's faces on the very last page, with cut-out photos of himself glued on top
ThickAsThieves: gonna link the vid of Hearn chewing up mastercoin
ozbot: Decentralized Exchange Panel - The European Bitcoin Convention -- 2013 Amsterdam - YouTube
nubbins`: mastercoin is a pretty good chuckle
assbot: [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC to 1`386`966 shares, 50 satoshi per share
ThickAsThieves: apparently no one filmed me asked the quantum mining guys who they thought they were fooling
blastbob: alot of altcoin focus on that convetion?
pankkake: that sounds like another diaspora* in the making
ThickAsThieves: not much altcoin focus really
ThickAsThieves: charlie lee did appear twice
ThickAsThieves: but to discuss coinbase mostly
ThickAsThieves: i considered asking him when they would list ltc
blastbob: ah ok
ThickAsThieves: but i knew he wouldnt answer
blastbob: i think one of the other guys at coinbase said in a video that they wasnt going to
blastbob: after he said they hired lee
assbot: [BTCTC] [FN] [DMS.SELLING] 48 @ 0.0041 = 0.1968 BTC [+]
ozbot: The Switchboard: The FBI has only seized 26,000 of the 600,000 Bitcoins Silk Road raked in
blastbob: so is btctc web gone?
ThickAsThieves: the FBI has seized some 26,000 Bitcoins, but they have "not been able to get to Ulbricht’s personal Bitcoin yet. 'That’s like another $80 million worth,' [and FBI spokesperson] said
nubbins`: after reading that, i wondered if they even knew what addresses the funds are in
nubbins`: or if they're just guessing
ThickAsThieves: i still think it's based on sales logs
ThickAsThieves: rather than actually knowing a wallet is out there
nubbins`: well, that's silly
b0n1: mircea_popescu, still there?
assbot: [MPEX] [S.MPOE] 2500 @ 0.00083744 = 2.0936 BTC [-]
ozbot: [BTC-TC] Virtual Community Exchange [WINDING DOWN]
pankkake: I wonder why people don't just setup auto renewal
nubbins`: haha
nubbins`: because they might really NEED that ten bucks, this time next year
dub: DEEEEERP
dub: I thought .co domains were free
mircea_popescu: ThickAsThieves strangely enough for a "dutch central bank" rep, nobody heard of this ebe fellow.
mircea_popescu: ;;google site:dnb.nl ebbe
gribble: No matches found.
b0n1: http://trilema.com/2013/least-likely-to-succeed-character-the-upseller/ although I read the article I couldn't find a reason way back and lay betting with btc is problematic
ozbot: Least likely to succeed character : The upseller pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: BingoBoingo glwt.
BingoBoingo: Thanks mircea_popescu they seem like they can't even throw a proper labcoin style AMAZINGCOMPANY shitstorm. This might be more boring than I anticipated.
mircea_popescu: b0n1 well, ok. let's see here
mircea_popescu: do you grok the part of how back/lay is a subset of mutual betting ?
assbot: [MPEX] [S.MPOE] 2443 @ 0.00083772 = 2.0465 BTC [+]
b0n1: no
mircea_popescu: mkay. this is a problem of maffs. let's try something else :
mircea_popescu: do you see how the back/lay system distributes liquidity arbitrarily ?
b0n1: yes
mircea_popescu: okay. do you see how that can be used to shave a significant edge off the naive players ?
b0n1: no
nubbins`: "The last time I had seen grown humans throw up like stressed out cats we were in a ditch and being fired upon."
nubbins`: do elaborate
ThickAsThieves: paintball
mircea_popescu: b0n1 ok, simpler case of that : mutual betting is lay/back with no spread. if you can lay for 45 cents then you can back for 55, precisely.
mircea_popescu: nubbins` nah ty.
nubbins`: tease
nubbins`: tat, lel
b0n1: yeah, i see that point
mircea_popescu: now consider the cancellation problem.
mircea_popescu: a mutual bet you can always cancel by making an appropiate bet on the other side.
mircea_popescu: a back/lay bet you can only cancel if someone is willing to unwind you.
mircea_popescu: in low liquidity this becomes pretty huge.
dub: http://www.phrases.org.uk/meanings/scot%20free.html not sure how I stumbled on this but the pic of Dred Scott alone is worth the share
ozbot: Scot free
b0n1: yes mircea_popescu
mircea_popescu: i thought it was about scottish people
mircea_popescu: b0n1 so basically, mutual betting is better for the bettor. line betting is great for the bookie. lay/back is great for the site/liquidity provider
mircea_popescu: which is i guess another way of saying bookie.
b0n1: yes but additionally lay/back is also good for arbing
mircea_popescu: give an example
assbot: [MPEX] [S.MPOE] 7805 @ 0.00083743 = 6.5361 BTC [-] {2}
b0n1: for example in a football game when you can bet on team A or team B or draw and also lay every bet, too
b0n1: there can be many scenarios where there are arbitrage opportunities
mircea_popescu: sure, the event can be repackaged every which way, but fundamentally it's either a or b.
assbot: [MPEX] [S.MPOE] 309 @ 0.00083772 = 0.2589 BTC [+]
b0n1: yes, but you can for example lay b and bet a and can do arbitrage with that
mircea_popescu: i don't see we have such a shortage of events that we need to make them last by creating dozens of bets out of the same one thing
b0n1: because prices are set by supply and demand from the users, at least thats how it works on betfair
mircea_popescu: you can do the same exact thing on mutual betting, except paying less vig.
mircea_popescu: take the most recent cointerra thing :
ozbot: BitBet - Cointerra will deliver in 2013
mircea_popescu: ;;calc 5.16 / 0.08
gribble: 64.5
mircea_popescu: unless you think it's 64.5 to 1 they actually deliver, there's some arbitrage there.
mike_c: yeah.. my issue is that it feels like unless you get in early there is no way to bet.
mike_c: the odds on both sides suck.
mike_c: unless i misunderstand something..
mircea_popescu: how can the odds on both sides suck ?
b0n1: mircea_popescu, i am not sure whether that is of the same nature as the point i want to mention here
nubbins`: okay, i'm going to step outside for a few moments
nubbins`: in the meantime
ozbot: This is why damage deposits exist. - Imgur
mircea_popescu: mike_c well, it's an 8 month old bet. it's almost dead. you still get 1.1 / 1.7 for 2 months out.
mike_c: yeah. just seems like the weight drops off so quickly that its tough to get in. The weighting system seems to go against your philosophy of monitoring the bet and pushing the other side if you think the bet has moved the wrong way.
mircea_popescu: seeing how it's 1.3k atm... seems about right to me. you get better odds on that somewhere ?
mircea_popescu: i dunno that it does that honestly.
mircea_popescu: seems to me it's actually pricing the thing pretty darned accurately. if you look at options they're a worse deal.
mike_c: lemme check
mircea_popescu: i dunno that you can derive 10% gains over ghold staying under 2k an ounce for the rest of the year
mircea_popescu: b0n1 what'd be the difference you'd say?
mike_c: nasdaq.com is slow as shit.
mike_c: ok. i agree with you (and therefore will place a bet). let me find a better example or understand that I was wrong.
mircea_popescu: in general it's a daunting proposition, because it's so unstructured.
mircea_popescu: people are used to the very cloistered situation traditional betting venues offer.
mircea_popescu: the only problem is, traditional betting venues work much like the casino, to skim as much as possible.
assbot: [MPEX] [S.MPOE] 7550 @ 0.00083797 = 6.3267 BTC [+] {2}
b0n1: mircea_popescu, what i mean with arbing is for example in a binary bet where you can bet on event A or B you could lay both and make profit ( arbitrage opportunity)
b0n1: the quotes for bet/lay of an event A are not "entangled" with bet/lay of an event B so to say
mircea_popescu: so then if the events are unrelated then this is simply atiomic betting. you can bet no on all the various miner deliveries on bitbet and win with all
mircea_popescu: heck, people have.
b0n1: don't see the point here
mircea_popescu: well me either.
mircea_popescu: so you can lay two unrelated bets. if they're unrelated that;'s not arbitrage.
mircea_popescu: so basically you'd like to bet with stupid people ?
b0n1: well mircea_popescu a lot of money make a living with that all day on betfair ...
b0n1: a lot of people
mircea_popescu: i don't think a discussion of the cluelessness of the population can in principle be made into a comparison of betting systems.
mircea_popescu: while this may be true, either in your own case or even generally, it still has northing to do with the car.
BingoBoingo: mircea_popescu: apparently I'm a sock for your PR now, or she's a sock for me? I'm wondering if this SolarWind thing has scammed before https://bitcointalk.org/index.php?topic=297334.msg3296064#msg3296064
b0n1: well... initially I was wondering why there is no back/lay betting system for btc so far. You told me then that there are difficulties and I was curious about them, but still dont get it I am afraid
b0n1: mircea_popescu, what alternatives?
mircea_popescu: BingoBoingo better learn to walk in heels.
b0n1: I think its an idea worth thinking about since back/lay betting systems are much more attractive for intelligent punters who don't want to get robbed by line bettings
mircea_popescu: until they put the afternoon required into figuring it out and move on to mutual.
peterl: BTCT will be open for trading for one more day due to the domain registration lasping today https://bitcointalk.org/index.php?topic=125629.msg3296116#msg3296116
b0n1: http://bitbet.us/bet/550/cointerra-will-deliver-in-2013/ why is nobody betting a yes here? Chances are much higher for yes atm than for no
peterl: what's a cointerra?
b0n1: i mean a reasonable big amount on yes
mircea_popescu: b0n1 well it's new, prolly nobody with a balance saw it yet.
mircea_popescu: or who knows, maybe there's no confidence in delivery.
BingoBoingo: After the Picostocks news I'm leaning towards no chance CoinTerra delivers, if they deliver at all I imagine it would be BFL style...
b0n1: but someone here confirmed some hours ago visiting cointerra that they would deliver
mircea_popescu: it's a great thing all these "companies" don't actually have professional cfos involved so nobody realises just how much damage a faux pas of the sort does to their prospects
b0n1: also there is high evidence since they already sold the december batch
mircea_popescu: b0n1 twas jborkl, and he said that's what they said not what they'll do necessarily.
mircea_popescu: lol by this criteria bfl delivered in 2012.
b0n1: :)
kakobrekla: !bash 2
assbot: Last 2 lines bashed and pending review. (http://dpaste.com/1409055/plain/)
b0n1: the only reasonable amount in there so far is a 5 btc on no and even the owner of this bet believes it is a yes since it was a hedge
kakobrekla: well thats a fail
mircea_popescu: b0n1 mike_c was discussing a 50+ btc bet earlier. what's your definition of reasonable ?
assbot: Last 5 lines bashed and pending review. (http://dpaste.com/1409061/plain/)
benkay: ThickAsThieves nobody caught you grilling the quantum guys?
b0n1: on no?
BingoBoingo: b0n1: That 5 BTC no bet, probably wasn't a hedge. Sometimes a BitBet bet is just a bet and not a fancy hedge.
ozbot: BitBet - The spot gold price will trade above $2000/oz in 2013
mircea_popescu: 43 no 11 yes or w/e
ThickAsThieves: Neo & Bee presentation at The Bitcoin Europe Conference https://www.youtube.com/watch?v=SFmiDBLQA1o
ozbot: BitBet - MtGox out of business by end of year
ozbot: BitBet - BTC network diff to top 210M before November
mircea_popescu: whoa nelly.
mircea_popescu: diff bets are such crazytalk.
peterl: ThickAsThieves this video is really bad quality. Couldn't you at least get a tripod?
benkay: why are diff bets crazytalk?
mircea_popescu: well for instance that one looked like it'll go the other way at outset.
ThickAsThieves: peterl, the video was never planned to be made
ThickAsThieves: it's just me holding a tablet
ThickAsThieves: there was an official videographer there
peterl: oh, that explains it. I guess that is decent quality for a tablet video
mircea_popescu: asciilifeform huh ?!
ThickAsThieves: but no sign of the video from this session
asciilifeform: mircea_popescu: that was certainly my impression from the link.
mircea_popescu: what's esp for one ?
asciilifeform: as in telekinesis, etc
asciilifeform: he linked to some joker charging $$$$ for seminars in soothsaying, who makes clients sign NDA; S comments that 'they got to him, made him do it.'
Vexual: the uh, cypress sec, um.. we are posing to um them a *shrug* guildline, to ... bitcoin...
mircea_popescu: mayhap the scrutiny is too close.
assbot: [BTCTC] [DMS.MINING] 775 @ 0.00122 = 0.9455 BTC [-] {2}
asciilifeform: I'll laugh my arse off if it comes out that signals intel is being 'laundered' via... government soothsayers.
ThickAsThieves: Vexual, he was first presenter and a bit nervous maybe
ThickAsThieves: i dont think he's ever done this before
Vexual: yes
ThickAsThieves: i gave him some pointers after
mircea_popescu: wouldn't be the first time
ThickAsThieves: but yknow
mircea_popescu: but still. random shit ppkl say.
Vexual: reading between the line I am concerned about the lawyers saying that the regulators will be welcoming of their submissions
ThickAsThieves: everyone knows everyone in Cyprus
ThickAsThieves: it's very much a who-you-know kinda place
mircea_popescu: Vexual always a good idea to keep in mind that people talking binds nobody. including the people themselves most of the time.
Vexual: yes, any theyve said the lawyers are tight with the regulators
ThickAsThieves: this sentiment was repeated by other lawyers i spoke with in other countries,
ThickAsThieves: essentially the regulators welcome recommendations in new areas
ThickAsThieves: of course they will do what they want
Vexual: that the regulators will accept submission, of that their plan will get the green light?
mircea_popescu: bitcoin cares about this now ?
ThickAsThieves: but generally you can see the difference between germany or cyprus asking for guidance, and the US sending subpeonas
ThickAsThieves: the plan is already green lit
ThickAsThieves: the question is whether they will get additional regulation
Vexual: the business plan shows executive salaries exceeding legals before they even open for business
ThickAsThieves: i suggest you talk to Danny about specifics
ThickAsThieves: it's not MY business after all
ThickAsThieves: and legally i shouldnt really be spekaing on it at all anyway
ThickAsThieves: speaking*
assbot: [HAVELOCK] [AM1] 2 @ 1.15000001 = 2.3 BTC [-]
assbot: [BTCTC] [LABCOIN] 9000 @ 0.0001086 = 0.9774 BTC [-]
Vexual: give the lawyers a tidy share parcel and I forsee a different outcome
assbot: [MPEX] [S.MPOE] 3611 @ 0.00084376 = 3.0468 BTC [+]
Vexual: bitcoins on a plane!
assbot: [BTCTC] [FN] [DMS.SELLING] 100 @ 0.0041 = 0.41 BTC [+]
KRS1: jeezus mircea_popescu dont you ever sleep
KRS1: doh he's gone i'll take that as a yes
KRS1: some of you m-f are here 24 hours a day and idk how
assbot: [BTCTC] [ASICMINER-PT] 5 @ 1.29 = 6.45 BTC [+]
dub: sleep is for the weak
KRS1: heh yeah until you get old :P
dub: lulz don't sleep, the internets sustain us
mod6: wat
mod6: We should note that in Nock and Hoon, 0 (pronounced “yes”) is true, and 1 (“no”) is false. Why? It’s fresh, it’s different, it’s new. And it’s annoying. And it keeps you on your toes. And it’s also just intuitively right.
mod6: umm no.
mod6: thats just fuckin wrong
nubbins`: hahaha
nubbins`: amazing
assbot: AMAZING COMPANY!
mod6: that is the first thing so far that really has bothered me. you don't change something like "1 = true = has a value = something, not nothing" to "1 = false = has no value = not something" just for fun. thats confusing for the sake of being confusing.
nubbins`: no, you misunderstand
nubbins`: it's fresh
mod6: hhaha
nubbins`: i only write code in the freshest languages
mod6: im trying to determine if this will ever be useful outside of troll land.
assbot: [BTCTC] [FN] [DMS.SELLING] 65 @ 0.0041 = 0.2665 BTC [+]
mod6: talking to #urbit guys now..
assbot: [BTCTC] [COGNITIVE] 2 @ 0.09 = 0.18 BTC [+]
ozbot: (17:24) < mod6> anyone care to enlighten me on this: (17:24) < mod6> We should - Pastebin.com
kakobrekla: u going poker challange?
kakobrekla: doing more than going
mod6: kakobrekla: not just yet. got a few other things to work on first. and still need to learn hoon before i can get anywhere.
mod6: and so far, its a mindjob.
mod6: i think i started a flame war in #urbit btw
kakobrekla: seems quiet?
mod6: eh, i guess its over lol
mod6: this is what the guy said:
ozbot: (17:30) < mnemnion> truth is true in only one way, but falsehood takes many form - Pastebin.com
Vexual: false
assbot: [BTCTC] [LABCOIN] 3300 @ 0.0001088 = 0.359 BTC [-] {2}
assbot: [HAVELOCK] [AM100] 20 @ 0.01133854 = 0.2268 BTC [-] {6}
assbot: [BTCTC] [LABCOIN] 2798 @ 0.000133 = 0.3721 BTC [+]
assbot: [HAVELOCK] [AM1] 9 @ 1.14222222 = 10.28 BTC [-] {2}
assbot: [BTCTC] [ASICMINER-PT] 4 @ 1.2 = 4.8 BTC [-]
assbot: [BTCTC] [ASICMINER-PT] 6 @ 1.176 = 7.056 BTC [-] {2}
mod6: omfg
mod6: LOL
kakobrekla: i have seen enough.
mod6: dude.
assbot: [HAVELOCK] [AM100] 25 @ 0.01110019 = 0.2775 BTC [-] {4}
mod6: i want to get down to brass-tacks on this one before i waste any more time on it.
mod6: and i think its headed deeper and deeper in to trollville
mod6: am i totally wrong / crazy / out-of-my league here?
kakobrekla: i think what they have is some jerk off kinda thing
mod6: ya
mod6: for you guys who wanna see the last little bit here: http://pastebin.com/rfY4PNvu
mod6: let me know what you think
assbot: [HAVELOCK] [B] [XBOND] 700 @ 0.00126894 = 0.8883 BTC [+] {5}
assbot: [HAVELOCK] [VTX] 6 @ 0.47995898 = 2.8798 BTC [+] {2}
kakobrekla: doubt anyone cares really
kakobrekla: about those idiots
dub: speaking of idiots
mod6: kakobrekla: yah you might be right...
assbot: [MPEX] [S.MPOE] 6100 @ 0.00083863 = 5.1156 BTC [-]
assbot: [BTCTC] [FN] [BTC-GROWTH] 60 @ 0.0825 = 4.95 BTC [-]
assbot: [BTCTC] [B] [CIPHERMINE.B1] 66 @ 0.009699 = 0.6401 BTC [+]
assbot: [BTCTC] [LABCOIN] 753 @ 0.000148 = 0.1114 BTC [+]
assbot: [BTCTC] [LABCOIN] 2366 @ 0.000148 = 0.3502 BTC [+]
assbot: [BTCTC] [LABCOIN] 3950 @ 0.0001647 = 0.6506 BTC [+]
assbot: [HAVELOCK] [HIM] 1 @ 0.1151 BTC [-]
assbot: [BTCTC] [BITVPS] 272 @ 0.00118455 = 0.3222 BTC [-] {4}
assbot: [BTCTC] [RSM] 133 @ 0.00502971 = 0.669 BTC [+] {5}
nubbins`: unsalted kettle-cooked potato chips are amazing
assbot: AMAZING COMPANY!
assbot: [MPEX] [S.MPOE] 8200 @ 0.00084038 = 6.8911 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 1248 @ 0.00028845 = 0.36 BTC [+]
VanCleef: amazing
assbot: AMAZING COMPANY!
VanCleef: classic
Vexual: slovakistan!
assbot: [BTCTC] [FN] [DMS.SELLING] 30 @ 0.0041 = 0.123 BTC [+]
assbot: [MPEX] [S.MPOE] 27304 @ 0.00083716 = 22.8578 BTC [-] {5}
assbot: [MPEX] [S.MPOE] 746 @ 0.00083653 = 0.6241 BTC [-]
assbot: [BTCTC] [LABCOIN] 1000 @ 0.0001587 = 0.1587 BTC [+]
assbot: [MPEX] [S.MPOE] 8400 @ 0.00083708 = 7.0315 BTC [+]
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