Hide Idle (>14 d.) Chans
← 2014-01-10 | 2014-01-12 → ↓
assbot: [HAVELOCK] [AM1] 1 @ 0.57 BTC [-]
assbot: [MPEX] [S.MPOE] 9950 @ 0.00084635 = 8.4212 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 1392 @ 0.003 = 4.176 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 67 @ 0.003 = 0.201 BTC [-]
assbot: [HAVELOCK] [NEOBEE] 533 @ 0.003 = 1.599 BTC [-]
assbot: [MPEX] [S.MPOE] 22250 @ 0.00084635 = 18.8313 BTC [+] {2}
assbot: [HAVELOCK] [DEALCO] 62 @ 0.0034 = 0.2108 BTC [+]
assbot: [HAVELOCK] [DEALCO] 29 @ 0.00348 = 0.1009 BTC [+]
assbot: [HAVELOCK] [DEALCO] 100 @ 0.00349 = 0.349 BTC [+]
assbot: [HAVELOCK] [DEALCO] 180 @ 0.00387722 = 0.6979 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 15789 @ 0.00084644 = 13.3644 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.571 BTC [+]
assbot: [MPEX] [S.MPOE] 15432 @ 0.00084644 = 13.0623 BTC [+]
assbot: [MPEX] [S.MPOE] 26300 @ 0.00084603 = 22.2506 BTC [-]
assbot: [MPEX] [S.MPOE] 4716 @ 0.00084644 = 3.9918 BTC [+]
frankenmint: hello?
assbot: [HAVELOCK] [AM1] 2 @ 0.571 = 1.142 BTC [+]
assbot: [HAVELOCK] [HMF] 6 @ 0.02980003 = 0.1788 BTC [-]
assbot: [HAVELOCK] [CFIG] 1 @ 0.11 BTC [+]
assbot: [MPEX] [S.MPOE] 10250 @ 0.00084901 = 8.7024 BTC [+]
KRS1: hi
assbot: [HAVELOCK] [COG.F2] 1 @ 0.599 BTC [+]
assbot: [MPEX] [S.MPOE] 10069 @ 0.00085008 = 8.5595 BTC [+]
assbot: [HAVELOCK] [HMF] 10 @ 0.02630062 = 0.263 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 16900 @ 0.00085008 = 14.3664 BTC [+]
assbot: [MPEX] [S.MPOE] 8450 @ 0.00085217 = 7.2008 BTC [+]
assbot: [MPEX] [S.MPOE] 6000 @ 0.00085217 = 5.113 BTC [+]
assbot: [MPEX] [S.MPOE] 8700 @ 0.00085217 = 7.4139 BTC [+]
assbot: [MPEX] [S.MPOE] 7143 @ 0.0008523 = 6.088 BTC [+] {2}
b0n1: https://cloudhashing.com/contracts do you think this is a profitable offer if they offer a bonus of 300 gh fro platinum membership at the enf of january?
ozbot: Bitcoin Mining Contracts - Cloud Hashing
b0n1: is there any big asic shipments coming up or any other reasons to cause unusually increases of the difficulty
b0n1: ?
pankkake: yes, many new generations of mining equipment
assbot: [MPEX] [S.MPOE] 26200 @ 0.00085294 = 22.347 BTC [+] {2}
b0n1: pankkake dont the new fast asic chips with 2 TH for roughly 6k USD only come about may?
pankkake: cointerra is supposed to delivery a big january batch
pankkake: deliver*
b0n1: how big estimated?
pankkake: hashfast was supposed to deliver months ago; many preorders
b0n1: how many hashes to deliver?
ozbot: Estimate of ASIC pre-orders: 13 to 15 PH/s (diff 1.8B to 2.1B) by end of 2013
b0n1: thx pankkake really helpful
b0n1: with this perspective, the offer doesnt look that attractive anymore
pankkake: glad to save you some btc :p
b0n1: with an assumption of 20% diff increase we have a break even in 97 days
b0n1: if its 25% we have no break even at all
b0n1: maybe 25% is a bit too much to assume but anyway, its totally risky
assbot: [MPEX] [S.MPOE] 12261 @ 0.00085326 = 10.4618 BTC [+]
assbot: [MPEX] [S.MPOE] 7245 @ 0.00085454 = 6.1911 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.56999 = 1.14 BTC [-]
assbot: [MPEX] [S.MPOE] 27500 @ 0.00085501 = 23.5128 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 2 @ 0.56999 = 1.14 BTC [-]
assbot: [MPEX] [S.MPOE] 5150 @ 0.00085571 = 4.4069 BTC [+]
mircea_popescu: aite, who dinged me
mircea_popescu: ;;later tell benkay well, in the meta sense that setting what and how much clothing chicks wear in your town counts as natality allocation.
gribble: The operation succeeded.
mircea_popescu: b0n1 currently the money is about 30:1 that difficulty will be over 2bn this month.
assbot: [MPEX] [S.MPOE] 16703 @ 0.00085274 = 14.2433 BTC [-] {2}
Neil: mircea_popescu: More like 50-to-1 I think.
Neil: I have to agree it's looking very likely
Neil: Everyone was saying nothing coming online, but it's gone up 25% since 1st Jan
mircea_popescu: ;;calc 458/7
gribble: 65.4285714286
Neil: I reckon these companies are creating and mining for the house
Neil: ;;calc 358/7
gribble: 51.1428571429
Neil: Math
Neil: No-one seems willing to bet no yet... so probably higher to go
mircea_popescu: o right you are hehe
mircea_popescu: in general people seem to be more like fishing for "the sure thing" than acting strategically.
mircea_popescu: if real odds are 30 and the site shows 50 you're more likely to see people piling on the heavy side i think
Neil: Next diff change looks like ~ 1.82 bn
ozbot: 1418481395.26264 | Next Diff in 325 blocks | Estimated Change: 23.6009% in 1d 17h 2m 52s
mircea_popescu: more like 1.75 neh ?
Neil: Nah; definitely over 1.8
Neil: I reckon instantaneous diff is ~ 2bn
Neil: (i.e. from instantaneous hashrate)
mircea_popescu: instantaneous hash rate is a myth tho
Neil: I disagree. You can make good estimates of it.
Neil: There is of course quite wild variance, which is where a modicum of skill comes in, but not much
mircea_popescu: but hash rate is "how many times per second did we fail to solve a specified problem"
mircea_popescu: this in principle is infinity.
assbot: [MPEX] [S.MPOE] 68100 @ 0.00084821 = 57.7631 BTC [-]
mircea_popescu: anyway, sipa's dirty estimator kind-of agrees with you, http://bitcoin.sipa.be/speed-lin-10k.png
Neil: I track it in a s/s of my own; do my own thing :)
Neil: It's amazing the 25% replacement rate continues.
assbot: AMAZING COMPANY!
Neil: I wonder if we make 1 exahash/sec this year.
mircea_popescu: at the rate it's going...
Neil: Well, baggsied that as a new proposition, and funded it :)
ThickAsThieves: the Yes bets keep piling up, taking all my hard-earned bettings
Neil: ThickAsThieves: You could always bet No :)
assbot: [MPEX] [S.MPOE] 64884 @ 0.00084716 = 54.9671 BTC [-] {2}
ThickAsThieves: weight drops too slowly :(
Neil: Satoshi was quite forward-thinking; clearly saw the possibility of such high difficulties given the FP-like format "bits" is encoded as
mircea_popescu: lol hard earned betting
ThickAsThieves: i'm always hard when I earn
mircea_popescu: you've not earnd till it pays out
ThickAsThieves: premature hardening
Neil: These difficulty bets should have a slightly larger window of closing to resolution than 5 days IMO. It tends to be too obvious then. At least a full cycle (10-12 days) should be the gap.
mircea_popescu: Neil i think our 50:1 bs is misstating the point. a guy betting no only gets 4x his btc
mircea_popescu: and let me point out to you that originally nobody thought there's a chance in hell it reaches 2bn by feb.
mircea_popescu: so the window was ample back when the bet was made.
Neil: True. A guy betting Yes just gets a crumb :)
ThickAsThieves: even now you can throw 50 btc at it and get 3.5btc, but of course that will turn to .35 btc by the time the bet is over
Neil: I think the only one profiting from this bet is bitbet
mircea_popescu: so basically you can either risk 1 btc for 7 cents on one side, or risk 1 btc for 4 btc on the other side
mircea_popescu: this does not equate to 50:1, not really.
ThickAsThieves: basically betting that there's a fork or something
mircea_popescu: if there's a 2 day fork say the no people will make out like bandits.
Neil: 2-day fork, lol.
ThickAsThieves: btcusd would go to 135 again
mircea_popescu: the march one was what, 18 hours ?
ThickAsThieves: this reminds me
ThickAsThieves: back then, all the pool ops worked together
Neil: Not that long; I was watching it. Perhaps 12.
ThickAsThieves: but now, ghash.io is a big player
mircea_popescu: im pretty sure it was over 12 but under a full day
ThickAsThieves: do they play nice with all the other ops?
mircea_popescu: i find it fitting that the first comment on the largest prop bet in the history of bitcoin is "beware of this scammy website"
Neil: ThickAsThieves: It's still game theory; they'd lose if they piss too many players off. More incentive to be nice I think.
Neil: mircea_popescu: Well let's see if you pay out...
mircea_popescu: i suppose the #1 reason noobs are still being scammed blind is the fact that idiots run arround making false scammer claims all teh time
mircea_popescu: that's a point i guess.
ThickAsThieves: The boy who cried BFL
Neil: Yeah this is about $1.3m now. Insane.
mircea_popescu: Neil that gaming theory has the barb that it workls in reality, not in people's imagination. there's a huge premium on pissing off the right crowd of people.
Neil: Don't understand your 2nd sentence?
ThickAsThieves: After all the reddit scare, I wonder if the pool simply set up a way to anonymize some of its hashing
Neil: ThickAsThieves: That thought occurred to me too.
mircea_popescu: Neil take bitbet. part of its success has to do with me pissing all over the reddit crowd and its sensibilities.
mircea_popescu: basically bitcoin rewards exactly the opposite behaviour that us elections reward.
Neil: mircea_popescu: You're on reddit? Dunno the history there.
mircea_popescu: ;;google bitbet stole
gribble: BitBet Stole ~$7,000 from me (10 BTC) - Bitcoin Forum: <https://bitcointalk.org/index.php?topic=339544.0>; BitBet - US Federal Minimum Wage will be raised above $7.25 by ...: <http://bitbet.us/bet/355/us-federal-minimum-wage-will-be-raised-above/>; BitBet - Bitfinex insolvent by end of April: <http://bitbet.us/bet/362/bitfinex-insolvent-by-end-of- (1 more message)
mircea_popescu: read teh first one
Neil: Ah yeah I know that one.
ThickAsThieves: they voted to return the money, why havent you!?
mircea_popescu: because i think their opinion is not worth the shit it's carved in.
Duffer1: lol
Duffer1: voting, that's cute
mircea_popescu: no but see, that's the electoral system. people with no skin in the game vote on how the game should be run
mircea_popescu: then you get the us govt.
mircea_popescu: another way of saying "concern trolling on a planetary scale"
Neil: ThickAsThieves: ghash.io is part itself (cex?) and part individual miners. They could move their own hashing to appear anon. Can't do that with external miners to the pool I think.
ThickAsThieves: i think it's funny that voting is optional
ThickAsThieves: Neil, I'm sure there's a way they could do it
ThickAsThieves: have it all be in the pool
mircea_popescu: they could just solve each block off a different ip.
ThickAsThieves: but not show as such
mircea_popescu: who's to stop them ?
mircea_popescu: even ipv4 cost like 2-300 bucks per c block
Neil: mircea_popescu: Then the pool payouts wouldn't match contributed hashrate.
mircea_popescu: ipv6 are free pretty much
mircea_popescu: neil why not ?
ThickAsThieves: they could sort that too probly
Neil: All GHash.io blocks are stamped that way.
mircea_popescu: no but they just broadcast the block off a new ip each time
mircea_popescu: they can trivially separate broadcasting, what's to keep them
Neil: But then what would they be paying miners with? A miner would notice he got a block and the pool didn't claim it, at some point.
mircea_popescu: i don't follow what you are saying at all.
Apocalyptic: neither do I
Apocalyptic: "A miner would notice he got a block" // how so ?
ThickAsThieves: the goal isnt to hide earnings, its to hide who made them from the public
Apocalyptic: miners just solve shares
mircea_popescu: and all the public has to go on is the very dubious blockchaininfo ip identification
Neil: Apocalyptic: Miners don't know when they got the one that solved it? I'm sure they do.
ThickAsThieves: its okay for the miner to see what they solcve and get paid bonuses
ThickAsThieves: we only need to mask the source in public
ThickAsThieves: ghash.io is probly at 60%
ThickAsThieves: double-spending selectively
mircea_popescu: lol right
mircea_popescu: double spending selectively some confused dork's unheard of casino site
mircea_popescu: help help.
decimation: hi. I'm a noob to the channel, but I note the conversation shifted to mining - and I was wondering if anyone had experience with kncminer stuff?
VanCleef: i only buy labcoin hardware
ThickAsThieves: didnt kako buy one?
mircea_popescu: decimation you mean running it or what ?
mircea_popescu: i thought kako bought furries
ThickAsThieves: you may be right
decimation: yes. I ordered a "2nd batch" neptune for ~11 btc and I was wondering about the probability it would actually arrive and work would be
Neil: ThickAsThieves: Was that your comment about closing the bet now? hehe
mircea_popescu: afaik knc actually delivers.
ThickAsThieves: Neil, no, hehe
Duffer1: decimation yea knc will deliver, just don't buy any more
assbot: [MPEX] [S.MPOE] 21400 @ 0.00084527 = 18.0888 BTC [-]
ThickAsThieves: they may deliver, but will you get 11btc from it....
Neil: lol
mircea_popescu: i'm looking forward to the "bitbet should close all the bets and send all the bitcoins to me plzkthx"
mircea_popescu: i know they're coming.
decimation: yeah, that's the dubious part, they claim 3 TH/s, but the difficulty in 6 months ...
decimation: perhaps I should hedge on bitbet :)
ThickAsThieves: like blockchain beggars
ThickAsThieves: that's a nextgen band name
Duffer1: gambling is not hedging :P
mircea_popescu: ThickAsThieves in a functioning economy he gets it just in time to mine 10.98x btc off it
ThickAsThieves: The Blockchain Beggars
ThickAsThieves: The Blockchain Beggars Club
pankkake: knc delivers but from what I understand the miners eventually explode
mircea_popescu: pankkake all miners eventually explode. even the radeon ones,
mircea_popescu: and those had like you know, actual qa done on them
pankkake: gpus can be put in microwaves and they're as new!
ThickAsThieves: i sold one of my GPUs for more than I paid for it new
mircea_popescu: or in really really hot girl's snatches
ThickAsThieves: baffled me
mircea_popescu: i read it on reddit so it must be troe
mircea_popescu: http://bitbet.us/bet/712/bitcoin-difficulty-over-5-6b-before-april/ << these'd look a lot better seeded the other way lol
ozbot: BitBet - Bitcoin difficulty over 5.6B before April
ozbot: Bitcoinstarter - Bitcoin Crowdfunding | PeerCover
Neil: 5.6bn is quite high; could easily miss on the downside there
mircea_popescu: so we got 2bn end of jan, 5.6 bn end of march, 14bn july 14th
mircea_popescu: sounds legit
Neil: July looking like the outlier
Neil: too low
KRS1: what do you guys think of that?
ThickAsThieves: come March, itll be petahashes added through the day
mircea_popescu: KRS1 "yet another tranny thinking he's a woman / guy with dreamweaver thinking he's a coder / guy with a student loan thinking he's a financier making some dumbass social platform tht won't go anywhere and he won't stop talking about"
KRS1: i have no idea how you can insure a bitcoin wallet.
mircea_popescu: but that's just me.
KRS1: huh..its wallet insurance
Duffer1: i don't see how it will be used for anything other than scamming
mircea_popescu: no it's not. it's a website and a dumbass.
KRS1: hmm..ok
mircea_popescu: or a dumbass and his website, or a website and its dumbass or however this works.
Neil: I don't get it.
ThickAsThieves: dont bother
Neil: But then I'd have said that about bitcoin back in 2009
mircea_popescu: yes well just because we found a black swan is no reason to go looking for black lions.
mircea_popescu: the apex predator in africa is blond and that's that.
KRS1: is it even possible to provide wallet insurance and successfully make a profit?
Neil: Wouldn't be surprised to see 2bn difficulty bet could get to 1500 total. Would that be a record?
mircea_popescu: KRS1 does it work irl ? anyone insure wallets ?
KRS1: i cant see how
KRS1: there is a new offering from the U.K. for that
Neil: KRS1: Only in a controlled and verified env I suspect.
ozbot: BitBet - BFL will deliver ASIC devices before March 1st
decimation: one can purchase jewelry insurance in the US
mircea_popescu: ~1690 btc
Neil: Ooh, that'd be tough
KRS1: maybe thats why the U.K. offering is hosted on AWS
mircea_popescu: i knew that'd turn into a challenge :D
KRS1: ok well I'll leave you guys alone..thanks anyway.
mircea_popescu: decimation yes, but not against "i accidentally flushed it down the toilet" scenarios
Neil: I give it 60% chance of getting to 1690. The leeches will come in in about 1 week (on either side) when the outcome will be clear, even to scrape a 2%
Neil: If it veers to no, I hate to think how big the bets become
mircea_popescu: srsly, if there's a sudden gulp and it looks like no have the upper hand...
mircea_popescu: whoa nelly.
Neil: bitbet's Jan earnings should be good
mircea_popescu: maybe some dork manages to send a donation bet for whatever, 5k btc
mircea_popescu: prolly the sort of thing i deserve for my hybric nature.
Neil: The difficulty is known at the block prior to the block with the new difficulty (it's a 2015 block window). So theoretically bets in the period of the 2016th block should be refunded.
Neil: trivia
decimation: There is an example jewelry insurance policy
KRS1: hmm
decimation: they insure against loss; not intentional loss
KRS1: yeah i dig it but...its not a bitcoin wallet.
KRS1: its easier to lose or flush down the toilet..wondering how peercover will do this
decimation: Indeed, the risks are obviously much greater for a btc wallet
KRS1: i bet the said wallet has to be hosted on their platform or something
decimation: and there are not any actuarial tables
KRS1: and under 2btc for $X plan
Neil: "Here's a fast way to calculate bitcoin difficulty" folllowed by lots of spaghetti from Amir.
Neil: There's a much faster way that uses no logs or bignums...
mircea_popescu: decimation the argument could be brought that all loss of a bitcoin wallet is intentional.
mircea_popescu: Neil afaik that site/article is 1-2 years out of date throughout
Neil: The facts are right I think; the code sucks.
assbot: [MPEX] [S.MPOE] 24937 @ 0.00084499 = 21.0715 BTC [-]
Neil: Though he doesn't mention the 2015 block peculiarity
mircea_popescu: the only actual datapoints are the block timestamps.
mircea_popescu: given the nature of hashing these can only be extrapolated into a hash estimate, which may vary arbitrarily much from the real value
assbot: [HAVELOCK] [AM100] 290 @ 0.00514406 = 1.4918 BTC [-] {9}
diametric: morning
diametric: afternoon or evening I suppose.
KRS1: hey
assbot: [HAVELOCK] [CFIG] 10 @ 0.10739999 = 1.074 BTC [-] {4}
assbot: [HAVELOCK] [AM1] 1 @ 0.53619775 BTC [-]
assbot: [HAVELOCK] [AM100] 68 @ 0.00538578 = 0.3662 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.5749999 BTC [+]
assbot: [HAVELOCK] [SFI] 250 @ 0.001 = 0.25 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.5749999 BTC [+]
assbot: [HAVELOCK] [AM1] 6 @ 0.5783333 = 3.47 BTC [+] {5}
assbot: [HAVELOCK] [AM100] 58 @ 0.0053828 = 0.3122 BTC [-]
assbot: [HAVELOCK] [AM100] 42 @ 0.0053828 = 0.2261 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.5749999 BTC [-]
assbot: [HAVELOCK] [AM100] 100 @ 0.00513209 = 0.5132 BTC [-] {4}
assbot: [HAVELOCK] [AM100] 60 @ 0.0051512 = 0.3091 BTC [+]
assbot: [HAVELOCK] [AM100] 290 @ 0.00511562 = 1.4835 BTC [-] {12}
assbot: [MPEX] [S.MPOE] 31092 @ 0.00084566 = 26.2933 BTC [+] {3}
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 1757489193.24 based on data since last change | 2051188187.74 based on data for last three days
assbot: [MPEX] [S.MPOE] 4400 @ 0.00084412 = 3.7141 BTC [-]
assbot: [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
assbot: [HAVELOCK] [AM1] 1 @ 0.5875 BTC [+]
assbot: [HAVELOCK] [HIF] 210 @ 0.00048924 = 0.1027 BTC [-] {2}
assbot: [HAVELOCK] [MS] 250 @ 0.005 = 1.25 BTC
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
ozbot: More about Caesar cyphers pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: apparently my mistake was thinking the mobsters can spell.
assbot: [HAVELOCK] [KCIM] [PAID] 2.17250000 BTC to 86`900 shares, 2500 satoshi per share
assbot: [HAVELOCK] [SFI] 2148 @ 0.001 = 2.148 BTC [+]
assbot: [MPEX] [S.MPOE] 13550 @ 0.0008455 = 11.4565 BTC [-]
the20year: Anyone want to take a look at this next revision of the RentalStarter biz plan?
truffles: must be amazing
assbot: AMAZING COMPANY!
the20year: Started with 12 pages, it's now 26
the20year: My goal there is to keep showing new revisions, asking for feedback on things people want answered, and add it to the next one
assbot: [HAVELOCK] [NEOBEE] 70 @ 0.00297 = 0.2079 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 4 @ 0.04999999 = 0.2 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 250 @ 0.00296 = 0.74 BTC [-]
assbot: [HAVELOCK] [PETA] 13 @ 0.04999999 = 0.65 BTC [+]
assbot: [MPEX] [S.MPOE] 11453 @ 0.00084572 = 9.686 BTC [+]
assbot: [MPEX] [S.MPOE] 29674 @ 0.00084506 = 25.0763 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 3 @ 0.58743333 = 1.7623 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 4 @ 0.5876625 = 2.3507 BTC [+] {3}
nubbins`: what's new
assbot: [HAVELOCK] [NEOBEE] 92 @ 0.00295208 = 0.2716 BTC [-] {2}
assbot: [HAVELOCK] [PETA] 5 @ 0.04999999 = 0.25 BTC [+]
assbot: [MPEX] [S.MPOE] 22973 @ 0.00084418 = 19.3933 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 47677 @ 0.00084324 = 40.2032 BTC [-] {3}
the20year: just working on this rentalstarter biz plan
assbot: [HAVELOCK] [AM100] 25 @ 0.00510002 = 0.1275 BTC [-]
assbot: [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
assbot: [HAVELOCK] [HMF] 10 @ 0.02996999 = 0.2997 BTC [-]
b0n1: hey guys! I remember there will be a bitcoin conference in romania beginning for 2014, right?
b0n1: when is it and where can I register?
b0n1: for=of
Duffer1: ;;google 2014 romanian bitcoin conference
gribble: 2014-03-06: Texas Bitcoin Conference - Bitcoin Forum: <https://bitcointalk.org/index.php?topic=363816.0>; Meetups - Bitcoin Forum: <https://bitcointalk.org/index.php?board=86.0>; Bitcoinvention - the First Bitcoin Conference in Asia - PRWeb: <http://www.prweb.com/releases/2013/10/prweb11250158.htm>
KRS1: ta daaa
assbot: [HAVELOCK] [AM100] 90 @ 0.00521992 = 0.4698 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 8400 @ 0.00084756 = 7.1195 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.04999999 = 0.15 BTC [+]
assbot: [HAVELOCK] [HMF] 9 @ 0.02640021 = 0.2376 BTC [-]
assbot: [HAVELOCK] [HMF] 14 @ 0.0264002 = 0.3696 BTC [-] {2}
assbot: [HAVELOCK] [DEALCO] 65 @ 0.00345822 = 0.2248 BTC [-] {5}
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
assbot: [HAVELOCK] [HMF] 9 @ 0.02650002 = 0.2385 BTC [+]
kakobrekla: i dont think theres one correct link there
kakobrekla: b0n1 : trilema.com/2013/the-conference-second-edition/
assbot: [HAVELOCK] [AM100] 46 @ 0.00523 = 0.2406 BTC [+]
assbot: [HAVELOCK] [PETA] 5 @ 0.04999999 = 0.25 BTC [+]
assbot: [MPEX] [S.MPOE] 20300 @ 0.00084437 = 17.1407 BTC [-]
kakobrekla: are there any smart smoke detectors avail?
ozbot: Life with Nest Protect | Nest
pankkake: oh, that is interesting. I came home and the detector was beeping
kakobrekla: hm that could work
pankkake: took me some time to actually understand that was the detector
kakobrekla: im getting paranoid my office is going to end up in fire for some reason
kakobrekla: must be all these cheap monitors
pankkake: I hope it didn't annoy the neighbors too long…
asciilifeform: kakobrekla: phun phact: you can still buy Halon.
kakobrekla: was dat
pankkake: I have a vacuum tube amplifier, I think it's going to explode eventually
kakobrekla: i have ecc88 preamp too
pankkake: oh, halogen lamps? I'm never having one near me again
ozbot: Halomethane - Wikipedia, the free encyclopedia
pankkake: when I was a child, one exploded, and it started a fire on my bed
asciilifeform: best fire extinguishing agent ever invented
asciilifeform: works without displacing oxygen.
pankkake: made a small hole on the sheets
asciilifeform: semi-banned by enviro-whiners. but still obtainable.
kakobrekla: why do i have a feeling this would reqire lots of diy
asciilifeform: you can buy halon bottles with self-opening valves (smoke detector)
asciilifeform: or ordinary fire extinguishers filled with it.
asciilifeform: the enviro-whiner substitute for halon, 'halotron', is considerably less effective and more poisonous.
kakobrekla: hmyea
assbot: [MPEX] [S.MPOE] 15000 @ 0.00084481 = 12.6722 BTC [+]
assbot: [HAVELOCK] [AM100] 64 @ 0.00524945 = 0.336 BTC [+] {3}
ThickAsThieves: vacuum tubes amps dont really explode
ThickAsThieves: not that ive experienced
ThickAsThieves: ive heard tubes pop
ThickAsThieves: but nothing dramatic
b0n1: we are 3 people, do i have to pay 10 BTC for every single person for the conference?
assbot: [HAVELOCK] [HMF] 9 @ 0.02650002 = 0.2385 BTC [+]
assbot: [HAVELOCK] [HMF] 9 @ 0.02650002 = 0.2385 BTC [+]
assbot: [MPEX] [S.MPOE] 14400 @ 0.00084529 = 12.1722 BTC [+] {2}
assbot: [HAVELOCK] [HMF] 14 @ 0.02650001 = 0.371 BTC [-] {2}
kakobrekla: b0n1 ?
kakobrekla: if you are vip you pay something like 1k eur or usd or whatever
kakobrekla: if you are not you dont pay anything
kakobrekla: at least that how i get it
assbot: [HAVELOCK] [AM100] 165 @ 0.0051113 = 0.8434 BTC [-] {5}
assbot: [HAVELOCK] [PETA] 99 @ 0.04999999 = 4.95 BTC [+]
assbot: [HAVELOCK] [CBTC] 2534 @ 0.000084 = 0.2129 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.55770301 BTC [-]
assbot: [HAVELOCK] [AM100] 152 @ 0.00510002 = 0.7752 BTC [-] {3}
assbot: [HAVELOCK] [CBTC] 10000 @ 0.00008048 = 0.8048 BTC [-] {22}
assbot: [HAVELOCK] [AM1] 2 @ 0.55770102 = 1.1154 BTC [-]
assbot: [MPEX] [S.MPOE] 850 @ 0.00084437 = 0.7177 BTC [-]
assbot: [HAVELOCK] [MS] 95 @ 0.005 = 0.475 BTC
mircea_popescu: soo anyone heard anything of deprived ?
assbot: [HAVELOCK] [CBTC] 5870 @ 0.00007982 = 0.4685 BTC [-] {3}
Duffer1: last i saw of him was a post about his indecision regarding ciphertrade
assbot: [MPEX] [S.MPOE] 20450 @ 0.0008425 = 17.2291 BTC [-] {2}
assbot: [HAVELOCK] [HMF] 7 @ 0.0263052 = 0.1841 BTC [-] {2}
mircea_popescu: like november ?
ozbot: ANN: Freesociety.com will sell land for bitcoins in a government-free zone
assbot: [HAVELOCK] [AM1] 3 @ 0.55770101 = 1.6731 BTC [-] {2}
mircea_popescu: ". The world in general and bitcoin in particular are all stocked up on vague allusions to anticipated greatness."
Duffer1: novemberish sounds right
Duffer1: oh joy our very own galts gulch
Duffer1: hope someone knows how to farm >.<
mircea_popescu: im sure it'll jujst be a website.
diametric: watching people try to scam bitcoin makes me miss my days of playing eve.
ozbot: FRAUD ALERT!! IMPOSTER WEBSITE
Duffer1: was it this bad in eve?
mircea_popescu: diametric pretty much the same huh ?
diametric: mircea_popescu: yup, sometimes i see scams i swear are word for word, replacing isk for btc.
mircea_popescu: Duffer1 the main town is pretty much a constant spam of "send us monez we send back monez"
diametric: I made almost all my money scamming.
diametric: Mostly fake mining protection contracts and fake system renting
Duffer1: i 'played' eve for a few hours, i never got the impression i was 'playing' anything, more like watching eve
mircea_popescu: Duffer1 kinda it. there still is the bitcoin eve guild, but fuck me if i can be bothered with eve, i'd rather supervise excel monkeys
Duffer1: any plans for Star Citizen?
mircea_popescu: go ahead and make it
diametric: i traded playing mmos for playing with cool stuff like laser cutters.
Duffer1: i traded mmos for naval gazing
assbot: [MPEX] [S.MPOE] 32550 @ 0.00084294 = 27.4377 BTC [+]
Duffer1: just waiting for something good to come out
mircea_popescu: i like rift.
Duffer1: i tried that too, i'm just too tired of the middle earth magic fantasy, i need sci-fi
diametric: while not an MMO, the Mass Effect series is very good
mircea_popescu: ;;ident diametric
gribble: Nick 'diametric', with hostmask 'diametric!~diametric@2604:3400:dc1:43:216:3eff:fe27:bf9d', is not identified.
mircea_popescu: be so kind wouldja
diametric: i should put that into my bouncer startup.
mircea_popescu: Duffer1 i hate sci-fi. never could get into it.
mircea_popescu: diametric careful not to lose the key tho.
diametric: hmm yeah...
diametric: maybe I won't then
mircea_popescu: there's no big deal signing in when needed. that's how i do it at any rate, nickserv is good enough for just casual chat
Duffer1: i've yet to see a sci-fi mmo i've liked
Duffer1: is it the genre or just the games you dislike mp?
Duffer1: i know you've read heinlien :P
Duffer1: heinlein*
diametric: mircea_popescu: yeah, loading up my laptop right now. on my wife's imac at the moment.
truffles: using ur wife's pc hmmm
mircea_popescu: it's the genre really.
mircea_popescu: fantasy is pulp that knows it's pulp. sci-fi is pulp with a pretense. i never like that much.
KRS1: how does one ipo over the ripple protocol..is there such a thing?
KRS1: buy ripple with those ripple assigneed to shares of the ipo somehow?
mircea_popescu: just by signing in, basically, neh ?
mircea_popescu: as in your ripples could as well be shares as anything else
KRS1: ah ok that explains it..just as i thought
diametric: truffles: its because i'm upstairs, i usually keep my laptops/computers downstairs with my toys: http://i.imgur.com/xHo4VDX.jpg
Duffer1: MP do you have a few favorites?
Duffer1: 2 makerbots?
truffles: nice
KRS1: nice lab..also..if the 70's ever rolls around again, you are already remodeled =D
diametric: ;;ident diametric
gribble: Nick 'diametric', with hostmask 'diametric!~diametric@2604:3400:dc1:43:216:3eff:fe27:bf9d', is identified as user 'diametric', with GPG key id BDD47433133081CF, key fingerprint 0789CB4F508B384EB74CEFBFBDD47433133081CF, and bitcoin address None
diametric: Duffer1: clones, in the picture there are a total of 7 3d printers
diametric: mircea_popescu: there we go
Duffer1: i see
mircea_popescu: Duffer1 notrly. they don't do nearly enough sex to make the cut as a rule.
Duffer1: i've found that to be true of fantasy and sci-fi
Duffer1: with the exception of the altered carbon series
mircea_popescu: nah, fantasy has the advantage it's much, much older. stuff like gargantua y pantagruel counts in my eyes.
mircea_popescu: and with it, you know. most of strabo, shakespeare, everyone writing before the industrial revolution is writing stuff indistinguishable from fantasy.
Duffer1: fascinating
diametric: I have to admit though, good sci-fi is good.
diametric: but there is significantly more bad sci-fi than bad fantasy.
mircea_popescu: moreover, i understand a lot more science than whatever rules fantasy.
mircea_popescu: so very easy to spoil even principally good sf.
diametric: yeah, thats a problem. fantasy has its own internal consistency, you know, magic. you can suspend your disbelief easier.
mircea_popescu: take... i dunno, take clarke's thing with the rotating space straw.
diametric: but every time i watch a scifi where some motherfucker hacks a system like he's playing a puzzle game
diametric: it makes me want to punch the screen
mircea_popescu: plenty of good ideas, but you're telling me some people live inside a fake-gravity spinning straw ? it's ridiculous.
assbot: [MPEX] [S.MPOE] 31800 @ 0.00084456 = 26.857 BTC [+]
Duffer1: i've never even heard of gargantua and pantagruel, any other classics you can think of?
Duffer1: i'm always looking for new books
mircea_popescu: o for fucks sake. what do they do in school
mircea_popescu: these are the foundational books of western thought.
Duffer1: 16th french fantasy doesn't come up often :P
Duffer1: don't get me started on american "education"
mircea_popescu: anyway, the decameron, read that ?
benkay: we need mircea_popescu's 5 foot shelf
Duffer1: i have not
mircea_popescu: my cock is 5 foot. my shelf is longer
mircea_popescu: Duffer1 yes well you won't get too far in life w/o rabelais and boccaccio etc
benkay: just a reference to the harvard classics (http://en.wikipedia.org/wiki/Harvard_Classics)
mircea_popescu: these dudes were writing post-meta-deconstructivist works on the bitcointalk scams cca 1500
mircea_popescu: didja read candide ?
Duffer1: if it's over 100yo and not plutarch or shakespeare then i probably haven't read it
mircea_popescu: scandalous.
mircea_popescu: well that's what i mean when i write about "teaching people to read and write and nothing else"
Duffer1: though i do have sophacles on my shelf i haven't been able to bring myself to open it
mircea_popescu: you're illiterate, basically. like it or not it's what it is.
Duffer1: oh and diary of a woman of pleasure was nice ^.^
mircea_popescu: sophocles is perhaps a little hermetic if you don't understand the context
mircea_popescu: but all the stuff above is eminently readable
mircea_popescu: it's actually what created the expectation of "timelessness" in art.
Duffer1: candide or all you've listed so far?
mircea_popescu: and you know, cervantes, but not some retarded abridged version
mircea_popescu: steer clear of all the puritan bawdlerizations of all of these, that's like millitant illiteracy
truffles: where does one find the time to read that much these days
Duffer1: ha cervantes, i plan on naming one of my star citizen ships Rocinante
mircea_popescu: truffles i'd rather re-read voltaire than re-read forum idiocy nominally "new" and written by some "new" guy but factually the exactly same rehash
assbot: [HAVELOCK] [SFI] 500 @ 0.001 = 0.5 BTC [+]
Duffer1: defects!
Duffer1: what a dick
truffles: forums..
truffles: not for me
mircea_popescu: richard henry dana, jr ? funny list there benkay
assbot: [HAVELOCK] [CBTC] 5066 @ 0.00008949 = 0.4534 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 19550 @ 0.00084632 = 16.5456 BTC [+]
assbot: [HAVELOCK] [CBTC] 1153 @ 0.00009188 = 0.1059 BTC [+] {2}
mircea_popescu: and to go past the written word : http://www.imdb.com/title/tt0078813/
mircea_popescu: probably de funes' best work
ozbot: 1418481395.26264 | Next Diff in 222 blocks | Estimated Change: 24.2325% in 1d 4h 0m 40s
Vexual: .}σϰ□
Duffer1: bah torrent search of The Miser just gives me le mis
Duffer1: can't afford newsgroups atm >.<
mircea_popescu: talk to pankkake, i think they give them a copy with their passport.
truffles: haha¨
assbot: [HAVELOCK] [SFI] 250 @ 0.001 = 0.25 BTC [+]
KRS1: .bait
KRS1: .bait
KRS1: dibs on the one on the left
mircea_popescu: uhhh i think i know these two
Duffer1: why do i get the feeling .bait are just pics of MPs conquests
assbot: [HAVELOCK] [AM1] 15 @ 0.53901933 = 8.0853 BTC [-] {6}
truffles: ;;seeb BingoBoingo
gribble: Error: "seeb" is not a valid command.
truffles: ;;seen BingoBoingo
gribble: BingoBoingo was last seen in #bitcoin-assets 1 day, 1 hour, 37 minutes, and 42 seconds ago: <BingoBoingo> Just remembet I take a break as soon as hockey coems on
truffles: hockey should be done by now
wao-ender: mircea_popescu: what happend with deprived?
KRS1: trilema had some nice galleries..cant find them anymore =/
assbot: [MPEX] [S.MPOE] 7900 @ 0.00084705 = 6.6917 BTC [+]
assbot: [MPEX] [S.MPOE] 10114 @ 0.0008482 = 8.5787 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 26500 @ 0.00084705 = 22.4468 BTC [-]
mircea_popescu: wao-ender i have no idea, seems disappeared
nubbins`: some forum guy registered sept 2013 with 0 trust wants to do a coin-for-coin trade with me
nubbins`: "you must pay escrow and shipping for both of us though"
nubbins`: GREAT DEAL
assbot: [HAVELOCK] [AM1] 3 @ 0.53632192 = 1.609 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 2 @ 0.53632192 = 1.0726 BTC [-]
assbot: [HAVELOCK] [SFI] 1000 @ 0.001 = 1 BTC [+]
mircea_popescu: why would one ever do such a swap ?
mircea_popescu: outside of bored teenagers behind the bleachers type of situation
nubbins`: i have some duplicates and want to expand my collection
KRS1: fricken people
nubbins`: it's kind of risky though, because the other guy could just not send his coin
mircea_popescu: or his coin could be fake
nubbins`: any number of things
mircea_popescu: it's more akin to exchanging underwear/chastity vows/whatever other amorous practices
mircea_popescu: than commerce
nubbins`: i mean, i've even got pgp-signed docs from casascius with md5 checksums of scans of the coins he sent me... but that doesn't stop me from making fakes with the same addresses
nubbins`: so it's really a bit of a leap of faith either way
nubbins`: but hey, maybe casascius kept all the private keys, or maybe my gold bullion is filled with tungsten, or maybe my coffee whitener is full of powdered melamine
gribble: Error: "c" is not a valid command.
nubbins`: oh shush gribs
nubbins`: i do have to laugh at the people asking 40btc for their 25btc rounds, though
nubbins`: or even worse, 30btc for their 10s
nubbins`: find me a coin that a collector would pay $17,000 over spot for, y'know?
nubbins`: unless it has the blood of rasputin on it or something, it's just taking the piss
mircea_popescu: most collector coins trade over spot eh ?
nubbins`: sure, yeah
nubbins`: but $17k over?
nubbins`: never
mircea_popescu: ;;google flowing hair dollar
gribble: Flowing Hair dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Flowing_Hair_dollar>; Sold! Rare, 1794 silver dollar fetches a record $10 million at auction ...: <http://www.dailymail.co.uk/news/article-2268474/Sold-Rare-1794-silver-dollar-fetches-record-10-million-auction-New-York.html>; Flowing Hair Dollar | eBay: <http://www.ebay.com/bhp/flowing-hair- (1 more message)
mircea_popescu: seems to me 9.983 mn in gold would be a wee bit more than that coin's weight
nubbins`: well color me shocked!
nubbins`: and i thought the guy paying 50btc for the first-day 2011 1btc coin was crazy
assbot: [HAVELOCK] [NEOBEE] 64 @ 0.00299968 = 0.192 BTC [+] {3}
mircea_popescu: ;;google bust dolla
gribble: Draped Bust dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Draped_Bust_dollar>; 1804 silver dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/1804_silver_dollar>; Flowing Hair dollar - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Flowing_Hair_dollar>
nubbins`: they weren't kidding about the bust
Vexual: milka
nubbins`: i went on a bit of a coin binge a few months ago
Duffer1: canadian mint?
nubbins`: some from there (i'm in the "masters club" now), some from amagi, some from casascius
nubbins`: if you were wondering, being in the masters club mostly just means you get a ton of junk mail
Duffer1: hehe
nubbins`: first dibs on new releases too, but most of them are shitty these days
nubbins`: you might see three or four coins worth buying throughout the year
nubbins`: last gold one i bought was, i think, 2x spot
Duffer1: i've never bought precious metals, that sounds high
nubbins`: it was a funny piece. odd weight, nice design, low mintage, very high purity (99999!)
nubbins`: 1oz silver pieces are generally priced at $99, roughly 5x spot
Duffer1: what's the point of a coin over a bar then?
KRS1: i think coins are lower weight..but at the end of the day..it doesnt matter if its a dildo.
nubbins`: these are just collectible items. only bought for numismatic values.
nubbins`: the mint also makes plain bullion coins (silver/gold maple leafs), that are sold for spot
Duffer1: i see
nubbins`: but you can only buy those through resellers. they don't sell them directly to the public.
KRS1: nice way to cash out btc if you are facing regulatory problems with your banks
KRS1: heard stories about coinabul tho wouldnt use them
KRS1: their spot price was also kind of hihg
nubbins`: ah, i've heard bad things about amagi too, although i've never had problems
nubbins`: people don't realize that a lot of these places don't really have stock on-hand waiting to ship
nubbins`: they put in an order with their supplier once a week or whatever
nubbins`: to fill outstanding orders
nubbins`: as far as spot-value bullion coins go, there are really only a handful in both silver and gold
KRS1: nubbins`: if you find a site that does decent deals with in stock metals let me know
KRS1: gold is so low now
ozbot: Buy One Ounce Gold Bars, Coins, Rounds, and Bullion at Best Prices Online | Amagi Metals
KRS1: if they place an order with their supplier, your price is still firm at checkout when you purchase right
nubbins`: nod.
KRS1: i dont follow silver..is it low price these days like gold?
nubbins`: ;;bc,xag
gribble: 1 XAG = 20.180000000000 USD = 0.02018 BTC
nubbins`: it's been higher
nubbins`: i mean, the whole silver/gold stacking thing is a bit fucking silly
KRS1: looks like gold is around 3 yr low
nubbins`: but if you happen to have done well with btc and wish to safeguard your initial investment, purchasing its value in gold and/or silver is an okay idea
nubbins`: i mean, shit, pull it out a few different ways. cash, even.
nubbins`: recently my bank started selling silver and gold bullion over the counter
nubbins`: which, to me, screams "SELL RIGHT NOW"
KRS1: yeah but when is it time to pull it out =D
KRS1: that is the question
the20year1: what country?
nubbins`: i'm not saying sell all your btc, that would be retarded
KRS1: (btc)
nubbins`: the20year: canada, cibc
nubbins`: but let's say you bought $100 of btc and it's now worth $5k
Vexual: seen these rare earth coins? http://www.elementsales.com/ecoins.htm
nubbins`: why not treat yourself to $100 of gold and $100 of silver?
nubbins`: Vexual: rare earth coins are generally a bad investment.
KRS1: nubbins`: screams sell (btc) right now? we were talking about gold/silver etc
the20year1: That's what I did when BTC went up to $250 from the $35 I bought it at
Vexual: why is that nubs?
the20year1: Seemed like a good choice :D
nubbins`: KRS1: sorry, i meant that when my bank started selling bullion, i figured it meant i should start selling all my silver/gold
nubbins`: after all, if the bank expected the price to rise, why would they start selling it?
KRS1: ah yes it would drive the price of those metals down..they're feeding it to you
the20year1: because your bank realized they can make money on it....they don't buy it for retail, nor do they hold it as a reserve
nubbins`: Vexual: well, when the value explodes in the future, you can't just sell your gallium coins to samsung or w/e
Vexual: why not?
nubbins`: because places that purchase rare earth metals have long-term contracts with mines and refineries
nubbins`: they don't just purchase loose coins off the street
Vexual: good point
nubbins`: you might as well walk into a hospital with a kidney for sale
KRS1: hah
nubbins`: the20year: my bank buys bullion for less than spot?
nubbins`: wait, sorry, i misread
nubbins`: they actually do sell for slightly higher than spot
nubbins`: $1-2 per oz
the20year1: Are they government issued pieces, or junk?
nubbins`: government issue
the20year1: or just private mintage
the20year1: Then they're making 50c-$1 per ounce they sell in fees
the20year1: Canada COULD absolutely kill the fiat market by introducing metal-backed money, as they have been doing in limited numbers
the20year1: Paid much attention to the $20 silver coins?
nubbins`: i've got several :)
nubbins`: they do $100 for $100 coins, too
nubbins`: of which i have several as well
nubbins`: each one has sold out so far
the20year1: I don't know if you track the spread, but *most* of those coins are in so high demand the spread is anywhere from 10% to 40% over face value
nubbins`: nod. as soon as the 20s sell out, you see them selling for $25
nubbins`: 100s, $125
the20year1: I've seen some sell successfully for $50+
ozbot: Silver Gold Bull - 1 oz 2014 $100 for $100 Grizzly Silver Coin
assbot: [MPEX] [S.MPOE] 20300 @ 0.00084705 = 17.1951 BTC [-]
nubbins`: $100 for $100 -- er, we mean $125
the20year1: Which means there's phenominal demand, those coins aren't sold outside of Canada, have extremely strict limits, and still sell out in virtually hours each time a new one is released
the20year1: And the mint is making right around $10 per $20 coin they sell in profit
nubbins`: the 20s are only 1/4oz
nubbins`: 100s are 1oz
the20year1: That was one of the reasons I'm so big on this REIcoin thing because we could mint our own currency too just like the RCM is doing
the20year1: Of course it is, remember when the US and Canada put real silver in metals, the spot value of the metal was always under the metals content.
nubbins`: three coins per household unless you're a member of... THE MASTERS CLUB
the20year1: The idea was that in the event of a high inflationary period the populace could still have significant buying power just in the coins they held
the20year1: So , today those 25c American coins are worth roughly $4
nubbins`: makes bank notes seem pretty unappealing, hey
the20year1: the best thing the RCM and US mint could have done during the metal increase of the 60s would have been to debase to 40% (As the US did) , then to 10% like mexico did, till prices came down
the20year1: Bank notes can't compare in any way to the value of coins. Unlike paper currency , the lions' share of coins in most developed countries hold value, that is till they debased in the cesspool
nubbins`: an ounce of steel isn't worth too much ;p
the20year1: IE 1 american penny from 1900 continues to hold similar buying power 113 years later. a quarter from 1964 has equal buying power to what it did at tha t time
nubbins`: yeah
the20year1: 1 1982 American penny essentially holds similar value to what it did then , same with a 1980 canadian nickel
the20year1: (Both weren't debased at those times)
nubbins`: i've only ever come across a single solitary silver dime since i started examining pocket change
the20year1: I've talked to old timers, and they tell me that within 4 years all the pre-debasement currency was removed from the market
assbot: [MPEX] [S.MPOE] 14150 @ 0.00084612 = 11.9726 BTC [-] {2}
the20year1: Well, something like 99.9%
nubbins`: well, these days bored people just buy rolls and rolls of coins from the banks
nubbins`: pick out the silvers and cash in the rest
the20year1: Correct, hoping to strike it big
the20year1: I did that for a while, was never worth the time
nubbins`: it's a hard way to make a buck these days
KRS1: i've been looking at 5yr graph of silver, seems like this is the time to buy
the20year1: Instead i started flippign coins and setting up a sort of 'we buy coins' shop
nubbins`: KRS1: look at a 10yr graph
KRS1: ok
KRS1: url? Im trying to find one
the20year1: I've bought some silver, need to getb ack in the game, did a pretty decent $1500+ buy at 65% of spot a month ago
nubbins`: shrug, kitco?
the20year1: should be on kitco
the20year1: if you assume standard apprecation over time, $17-$21 is where it should be
ozbot: Historical Silver Data and Charts - London Fix
nubbins`: scroll to the bottom, check "2000-2014" (close enough) and click view
KRS1: then yeah i am right?
the20year1: silver and gold are very bubbly, it all depends on where big money goes
the20year1: Real estate to metals, to mREITs, to tech companies
nubbins`: a friend of mine put every cent he had into silver in 2008
the20year1: right now the big, stupid money is in tech
the20year1: I know quite a few people who did
KRS1: i dont think real estate is where its at either
assbot: [HAVELOCK] [AM1] 1 @ 0.53632191 BTC [-]
the20year1: All the silver I bought in 2008-2012 I essentially bought it for free
nubbins`: real estate depends on the area
the20year1: Real estate is in a stealth phase, which makes me very, very happy
KRS1: i think metals and maybe ride the platium pony too
the20year1: Yeah, it's always localized
nubbins`: platinum is one thing i don't hold
KRS1: for a 5 yr plan?
nubbins`: mostly because "9995 purity" makes my skin itch
nubbins`: srsly, drop the 5 or bump it to a 9
nubbins`: "platinum maple leaf coins, 99 and 44/100ths pure"
nubbins`: the .99999 purity gold coin i have is a real gem
nubbins`: highest purity available
Vexual: got any dubloons?
nubbins`: nope
ozbot: Our Redlands – New search for Stradbroke’s legendary shipwreck
assbot: [MPEX] [S.MPOE] 8900 @ 0.00084741 = 7.5419 BTC [+]
nubbins`: some are more fun than others
Vexual: cool site
assbot: [HAVELOCK] [KCIM] 89 @ 0.00305898 = 0.2722 BTC [-] {2}
Vexual: why did palladium so much in 2000?
nubbins`: who knows! what do you even use that shit for
nubbins`: catalytic converters, but what else
Vexual: electrolytic reduction of phedrine to methylamphetamine?
assbot: [HAVELOCK] [SFI] 271 @ 0.001 = 0.271 BTC [+]
nubbins`: electronics too i think
asciilifeform: Vexual: that'd be Grignard reaction, no?
Vexual: not sure asciii
Vexual: russia stopped shipping palladium for a fashion it seems
nubbins`: they minted it at one point
assbot: [MPEX] [S.MPOE] 5250 @ 0.00084714 = 4.4475 BTC [-]
assbot: [HAVELOCK] [SFI] 300 @ 0.001 = 0.3 BTC [+]
the20year2: it can be used in hydrogen production too
Vexual: so i can buy an ounce and use water to run my bloombox until i die?
the20year2: possibly
the20year2: there is some leeching on it
Vexual: pump the spoils down the drain, yolo
the20year2: do you have a bloom box?
Vexual: i wish
the20year2: they still don't seem too efficient
the20year2: Whenever i can get a house that isn't in town, i'm gonna try a solar trough steam system
Vexual: kinda aesthetic pollution no?
diametric: ;;seen mircea_popescu
gribble: mircea_popescu was last seen in #bitcoin-assets 1 hour, 9 minutes, and 34 seconds ago: <mircea_popescu> ;;google bust dolla
diametric: mircea_popescu: around?
nubbins`: passive solar is the key, but not an option for all homes
the20year2: in the country, who cares?
the20year2: what kind of passive solar?
Vexual: you mean for cooling or heating?
nubbins`: basic stuff, large south-facing windows, slab floors that retain heat, etc
nubbins`: for heating
Vexual: seen those heat pump waterheaters?
nubbins`: awnings to keep hot sun out in the summer and let it in all winter
nubbins`: yeah, heat pumps are catching on in a big way here for new developments
nubbins`: low-e windows, etc
Vexual: i have solar hot water and the booster is always off
nubbins`: i need to set some of that shit up
truffles: u need to chess
nubbins`: blackouts last couple weeks = no fun
Vexual: yeah well i live about 85degrees closer to the sun than you
nubbins`: truffles: too high
truffles: ure always too something
diametric: mircea_popescu: got the latest s.nsa logo by chance? just want to do some test rasters, doesn't haven't to be final.
truffles: sigh this waiting game sucks
nubbins`: haha
nubbins`: ask bingoboingo
truffles: have this ongoing game 2 days now, Boingo left me mid game
ozbot: Target says data breach up to 110 mn customers - Yahoo News
mircea_popescu: target starts accepting bitcoin
truffles: this other guy takes like 5mins per move
mircea_popescu: in the first plahse, for its customer database.
Vexual: target snowdened?
nubbins`: i used to play chess via text message with a friend who lived in another province
nubbins`: games took days
truffles: id make my friends get kinda software from 21st cen.
the20year2: Anyone bored enough to want to read over my updated business plan/attempt at a prospectus?
Vexual: whats the general od's for cardano, i want to make some gold pcket watch cases and bring them to timis on spec
asciilifeform: Vexual: about the same as apple's ipnohe-4.
diametric: mircea_popescu: where can i grab it from?
Vexual: perhaps ill just buy up every cartier cig case from ebay then :)
the20year2: mircea_popescu: any interest in looking at my updated bizplan and giving me thoughts on the newest revision?
Vexual: ill look at as a sharp tongued half-wit if you like
the20year2: I'm on revision like #12 and usually each time someone reads over it i get decent enough feedback to further ad to it
Vexual: subtracting is better than adding
assbot: [MPEX] [S.MPOE] 12500 @ 0.00084565 = 10.5706 BTC [-] {3}
assbot: [HAVELOCK] [AM1] 1 @ 0.53632191 BTC [-]
Vexual: whats your business the the20year2, i forget if i ever knew
the20year2: Rental properties in the midwest US
Vexual: shaut up and take my money
Vexual: residentual, fixing taps for farmers daughters?
the20year2: All SFD so far since we haven't had the capital to buy apartments/multifamily.
Vexual: but it works in theory?
the20year2: We're cashflowing
Vexual: whats sfd?
the20year2: 5.3% APY on the current property ,once the second one is rented (any day now) it'll increase to 14.6%APY , all pre-leverage mind you
the20year2: single family detached, houses
Vexual: you have one house with a morgatge?
the20year2: two houses , no mortgages
Vexual: where?
the20year2: We raised around $110k in capital via bitfunder before they went under, were able to utilize $90k , still have the rest in liquid reserve, but it isn't enough to buy any more
the20year2: Central ohio
the20year2: (Granted 'went under' might not be the right term)
Vexual: ive a vague memmory, what were you called?
the20year2: RentalStarter
Vexual: where do yo ugo for tennant info in ohio?
mircea_popescu: diametric email.
diametric: mircea_popescu: thanks
the20year2: You mean tenant screening vex?
Vexual: exactly
the20year2: We use the normal approach - Credit check, employment check, reference check, past eviction history, criminal background, debt-to-income tests, then the wonderful facebook profile check and then a check on their current residence
Vexual: and if i come with 6 months up front?
ozbot: Someone sending out MilliBits
the20year2: The standard practice here is 1-2 months of rent + deposit
Vexual: its pankkake nubbins
Vexual: he'll send a satoshi for 1bc
nubbins`: pankkake has doled out 36btc to strangers, 1mBit at a time, since june?
ozbot: Naughty By Nature - O. P. P. - YouTube
truffles: u down with opp?
Vexual: nope
Vexual: i also don't send heavy metals down the drain
Vexual: but ill rent a house without a facebook check
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