Show Idle (>14 d.) Chans

← 2014-01-30 | 2014-02-01 →
mircea_popescu: there's no good solutions to thisproblem.
decimation: Ziff-Davis did some research using some of the bitcoin chain tracking software, tracing four addresses which were used and were determined from multiple CryptoLocker victims who, after paying their money, made public the address that they had sent payment to. The CryptoLocker extortionware acquired a total of 41, just shy of 42,000 bitcoins, 41,928 bitcoins.
mircea_popescu: lol is this the nut with the "fix your harddrive spin" nonsense /
decimation: heh yeah. sorry I couldn't find a better reference.
decimation: he has a mildly informative podcast which occasionally has interesting tidbits
mircea_popescu: anyway, this seems dubious on the face.
mircea_popescu: dudes had to pay what, 2btc each ?
herbijudlestoids: yea 2 for the first version and then less for v2
mircea_popescu: if they get the 42k value by looking at which addresses those 2 btc were spent
decimation: They dropped it to 0.3 btc
mircea_popescu: they're 99% certain looking at some exchange hotwallet.
herbijudlestoids: steve gibson lol
herbijudlestoids: didnt cryptome shit all over him years ago?
decimation: Certainly whoever wrote that virus wouldn't be dumb enough to use unique addresses?
mircea_popescu: who didint ? lol
mircea_popescu: decimation i never read it, dunno.
mircea_popescu: anyay, this has been enough excitement for one day. take care all!
herbijudlestoids: Apocalyptic: do you run the namecoin software?
decimation: herbijudlestoids did you read the moldbug essay to which your FOFOA link points?
ozbot: World News - latest world news headlines -
bloctoc: sorry about that
herbijudlestoids: decimation: i did not admittedly.
herbijudlestoids: is it worthwhile, or poor?
decimation: Perhaps I am deluded, but I thought it clarifed matters w.r.t. currency adoption
decimation: The "Ben Graham" analysis of bitcoin yeilds nonsense
decimation: but the same is true of gold
herbijudlestoids: yes, thats why i brought up FOFOA, because a few of the things mircea mentioned were very similar to things FOFOA has said about the concept of freegold
herbijudlestoids: i do not compare gold (or btc) to stocks when evaluating its job as a store of value
assbot: [HAVELOCK] [DEALCO] 88 @ 0.00428976 = 0.3775 BTC [+] {2}
decimation: do you have a reference on your freegold idea?
herbijudlestoids: FOFOA is the reference
herbijudlestoids: would you like some links? easiest to google fofoa freegold and in the sitemap on google are a bunch specifically on the topic
ozbot: FOFOA: Freegold Foundations
assbot: [MPEX] [S.MPOE] 4202 @ 0.00090567 = 3.8056 BTC [+]
decimation: thanks
herbijudlestoids: full disclosure i converse with FOFOA occassionally and some market info and thoughts i have passed onto him have been included in some of his work. i claim no particular insight just provided otherwise proprietary market information
decimation: Moldbug would seem to argue that Bitcoin is harder than gold, by virtue of its finite supply
herbijudlestoids: yes, FOFOA also
decimation: but FOFOA seems to argue that gold is held in stronger hands
herbijudlestoids: the argument is much more nuanced than that
herbijudlestoids: its about roles, what asset plays what role to the aggregate world aka "superorganism"
herbijudlestoids: right now, USD plays the role of reserve asset (i.e. store of value), medium of exchange and unit of account globally and especially in the case of marginal producers
herbijudlestoids: EUR was by design (4 decades in the making) to take the role of USD on its eventual failure in those roles, but only in the roles of medium of exchange and unit of account
herbijudlestoids: store of value for marginal producers/savers to be carried out in gold (see ECB balance sheet)
herbijudlestoids: FOFOA argument is that bitcoin versus USD is a non competition, real competition is BTC versus "what comes next" i.e. EUR+Gold
herbijudlestoids: and while BTC might make an elegant medium of exchange it wont be adopted as a reference point like EUR since its hard
herbijudlestoids: the implicit assumption is that the MoE should be soft, grow/contract along with the economy
assbot: [MPEX] [S.MPOE] 16100 @ 0.00089625 = 14.4296 BTC [-] {2}
herbijudlestoids: this all goes back to mises regression theory, that money is whatever people (especially the marginal producer/consumer aka saver/borrower) use for money. ECB, peoples bank of china, oil surplus like Saudis all understand gold in the role of store of value, therefore gold is the store of value
herbijudlestoids: demand gives the value, so unless ECB and saudis start demanding to save in BTC it will never be store of value
herbijudlestoids: im not giving my opinion here, just trying to decode the msg
decimation: Okay, but the question is: what will the saudis demand in the future?
herbijudlestoids: yesterday today and in the future the saudis have always demanded gold
herbijudlestoids: even in the advent of the petrodollar, under the assumption the dollars could be redeemed on the spot market for physical gold
ozbot: FOFOA: It's the Flow, Stupid
ozbot: FOFOA: Flow Addendum
decimation: Interesting. I must log now, but I will read through this in the future.
herbijudlestoids: hullo BingoBoingo :)
BingoBoingo: Hello herbijudlestoids
KRS1: Why, hello here.
BingoBoingo: herbijudlestoids: I am trying to get some play sports book to let a freiend who hasn't cared for long enough's funds
BingoBoingo: It seems like a rather futile enterprise to try, but if the Doge'ers are as brazen as they seem to be now.
BingoBoingo: herbijudlestoids: Have you ever given thought to the possibility the universe just might hate R and want to make a mockery of it.
[\]: same way tor did
[\]: non existant problem, basically
herbijudlestoids: BingoBoingo: nope :)
BingoBoingo: Before the end of February I imagine my site is going to requite a niggers.txt file
herbijudlestoids: i luv teh R, whats your beef?
herbijudlestoids: do you wanna see my new tick distribution from the last 48h? this is per 10 tick returns
BingoBoingo: herbijudlestoids: That common LISP or PYthon could be less verbose.
BingoBoingo: herbijudlestoids: How do yoy know I don't have better deets
herbijudlestoids: i can do in R in about 5 lines what takes ~100 lines in python
BingoBoingo: or care about moves measured in minutes or days.
herbijudlestoids: BingoBoingo: you might, i dunno, i just thought you migh tlike to see it, i pulled the data from #bitcoin-assets-trades and processed in R :)
herbijudlestoids: when i get more data i will do some lower resolution graphs
herbijudlestoids: not much point doing a daily returns distribution when youv only got 2 days
BingoBoingo: herbijudlestoids: I don't speak R to the computer for the same reason I don't speak Attic Greek in conversation
herbijudlestoids: and? whats the reason? lol
BingoBoingo: Ancient lights is the reason
BingoBoingo: Attic Greek is old enough skipping to Sabine taming Latin is reasonable. R is old enough skipping to Python is reasonable (though Ruby is never reasonable).
herbijudlestoids: python cannot do what i can do in R in so few lines.
ozbot: gist:8727386
herbijudlestoids: thats a simple example BingoBoingo, how do i do line #10 in python like i do it in R?
herbijudlestoids: (in one line, like that)
assbot: [MPEX] [S.MPOE] 17700 @ 0.00090306 = 15.9842 BTC [+] {2}
BingoBoingo: herbijudlestoids: line # 10 from what source?
herbijudlestoids: the gist i just pasted?
BingoBoingo: herbijudlestoids: I mean if you want letter perfect code Common LISP is the language, but in the garbage you pasted I can't say if you are protecting from garbage overloads or some shit.
herbijudlestoids: the thing is i know, because i used to do all my analysis in python and found R to be much quicker
herbijudlestoids: still code most everything else in python
herbijudlestoids: and my day to day job is openstack, all python
herbijudlestoids: BingoBoingo: you called my code garbage :(
assbot: [MPEX] [S.MPOE] 4550 @ 0.00089996 = 4.0948 BTC [-]
BingoBoingo: herbijudlestoids: I said nothing about your mystery code. I called your language garbage though
assbot: [MPEX] [S.MPOE] 4600 @ 0.00090577 = 4.1665 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 20471 @ 0.00090742 = 18.5758 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 11500 @ 0.0009026 = 10.3799 BTC [-] {2}
BingoBoingo: Diablo-D3: Just remember I am not Paleo, and I will hunt you down and cover you with flower.
Diablo-D3: and I will have you arrested for attempted murder and you will spend your days in prison
assbot: [MPEX] [S.MPOE] 6234 @ 0.00090666 = 5.6521 BTC [+] {4}
assbot: [HAVELOCK] [SFI] 703 @ 0.00083097 = 0.5842 BTC [-] {5}
assbot: [HAVELOCK] [DEALCO] 100 @ 0.00446 = 0.446 BTC [+]
BingoBoingo: Diablo-D3: When rash ==murder maybe.
assbot: [MPEX] [S.MPOE] 2600 @ 0.00089996 = 2.3399 BTC [-]
assbot: [MPEX] [S.MPOE] 16391 @ 0.00090499 = 14.8337 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 2400 @ 0.00090479 = 2.1715 BTC [-]
assbot: [MPEX] [S.MPOE] 12200 @ 0.00090356 = 11.0234 BTC [-]
assbot: [MPEX] [S.MPOE] 900 @ 0.00090788 = 0.8171 BTC [+]
assbot: [MPEX] [S.MPOE] 7900 @ 0.00090485 = 7.1483 BTC [-] {2}
KRS1: .bait
BingoBoingo: Bitch wants me to insure their BTC balances though doesn't want my niggers.txt. Loser?
assbot: [MPEX] [S.MPOE] 6488 @ 0.00090242 = 5.8549 BTC [-]
assbot: [MPEX] [S.MPOE] 12553 @ 0.00090134 = 11.3145 BTC [-]
assbot: [MPEX] [S.MPOE] 24100 @ 0.00090597 = 21.8339 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 6700 @ 0.00090134 = 6.039 BTC [-]
assbot: [MPEX] [S.MPOE] 7000 @ 0.00090605 = 6.3424 BTC [+]
assbot: [MPEX] [S.MPOE] 8588 @ 0.00090722 = 7.7912 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 51509 @ 0.00090884 = 46.8134 BTC [+] {5}
assbot: [MPEX] [S.MPOE] 4503 @ 0.00090974 = 4.0966 BTC [+]
assbot: [MPEX] [S.MPOE] 12197 @ 0.00090202 = 11.0019 BTC [-]
assbot: [MPEX] [S.MPOE] 5400 @ 0.00090495 = 4.8867 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 2500 @ 0.00090685 = 2.2671 BTC [+]
assbot: [MPEX] [S.MPOE] 3900 @ 0.00090491 = 3.5291 BTC [-]
assbot: [MPEX] [S.MPOE] 2485 @ 0.00090491 = 2.2487 BTC [-]
herbijudlestoids: heavy trading in MPOE tonight
assbot: [MPEX] [S.MPOE] 10365 @ 0.00090638 = 9.3946 BTC [+] {2}
ozbot: The Curious incident of Big Poppa - The Notorious XX - Wait What - YouTube
assbot: [MPEX] [S.MPOE] 3985 @ 0.00091086 = 3.6298 BTC [+]
assbot: [MPEX] [S.MPOE] 10900 @ 0.00090134 = 9.8246 BTC [-]
assbot: [MPEX] [S.MPOE] 5715 @ 0.00090415 = 5.1672 BTC [+]
assbot: [HAVELOCK] [PETA] 5 @ 0.04999994 = 0.25 BTC [+]
assbot: [MPEX] [S.MPOE] 9068 @ 0.00090747 = 8.2289 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 12862 @ 0.00091238 = 11.735 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 2591 @ 0.00091695 = 2.3758 BTC [+]
assbot: [MPEX] [S.MPOE] 138 @ 0.00091572 = 0.1264 BTC [-]
assbot: [HAVELOCK] [PETA] 12 @ 0.04999994 = 0.6 BTC [+]
assbot: [HAVELOCK] [AM100] 26 @ 0.0056 = 0.1456 BTC [-]
assbot: [HAVELOCK] [AM1] 13 @ 0.61531686 = 7.9991 BTC [+] {7}
assbot: [HAVELOCK] [AM1] 12 @ 0.645 = 7.74 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 11276 @ 0.00091504 = 10.318 BTC [-] {2}
assbot: [HAVELOCK] [CFIG] 100 @ 0.11253783 = 11.2538 BTC [+] {25}
assbot: [HAVELOCK] [HMF] 12 @ 0.02860175 = 0.3432 BTC [-] {4}
assbot: [HAVELOCK] [PETA] 52 @ 0.04899228 = 2.5476 BTC [-] {5}
assbot: [HAVELOCK] [HMF] 20 @ 0.0286 = 0.572 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 11100 @ 0.00091311 = 10.1355 BTC [-]
assbot: [HAVELOCK] [AM100] 75 @ 0.00577253 = 0.4329 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 4000 @ 0.00288388 = 11.5355 BTC [+] {16}
assbot: [MPEX] [S.MPOE] 2250 @ 0.00091437 = 2.0573 BTC [+]
assbot: [MPEX] [S.MPOE] 6000 @ 0.00091278 = 5.4767 BTC [-]
assbot: [HAVELOCK] [AM100] 50 @ 0.00579999 = 0.29 BTC [+] {3}
assbot: [HAVELOCK] [PETA] 13 @ 0.04999993 = 0.65 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 9450 @ 0.00091398 = 8.6371 BTC [+]
assbot: [HAVELOCK] [DEALCO] [PAID] 5.00000000 BTC to 50`000 shares, 10000 satoshi per share
assbot: [MPEX] [S.MPOE] 3025 @ 0.0009161 = 2.7712 BTC [+]
assbot: [HAVELOCK] [DEALCO] 95 @ 0.00429 = 0.4076 BTC [+]
ozbot: BitBet - Fico will be elected President of Slovakia
mircea_popescu: lol check out the slovaks having fun
mircea_popescu: and we didn't even know the city exists!
assbot: [MPEX] [S.MPOE] 16519 @ 0.00091246 = 15.0729 BTC [-] {4}
assbot: [HAVELOCK] [AM1] 4 @ 0.63749999 = 2.55 BTC [-] {3}
jurov: city?
assbot: [HAVELOCK] [AM1] 2 @ 0.64789999 = 1.2958 BTC [+] {2}
KRS1: 0 people found this useful
ozbot: Statement Regarding BTC Withdrawal Delays : Support Desk
jurov: <mircea_popescu> and we didn't even know the city exists! << which city you mean?
KRS1: I personally did not find it useful. There were not pictures of clowns or anything colorful on that pr.
assbot: [MPEX] [S.MPOE] 5124 @ 0.00090967 = 4.6611 BTC [-]
mircea_popescu: slovakia!
mircea_popescu: KRS1 well that may have something to do with 0 people using mtgox you know.
KRS1: They need more clowns.
mircea_popescu: truffles whatcha lolling at ? here's a fun fact : Slovakia : 18,933 sq miles (49,036 km²) ; LA : 33,954 sq mi (87,490 km2)
mircea_popescu: just because most of their city is undeveloped doesn't mean it's not a city now :D
jurov: ah yes. we have a joke about this
jurov: fico comes to china (he likes to go there) and they ask him: how many slovaks there are?
jurov: "5 million"
mircea_popescu: wow omfg this is a romanian joke!
jurov: "And in which hotel do you stay?"
truffles: i laugh with u mp
mircea_popescu: ok, check out the romanian variant :
mircea_popescu: there's this ethnic group in romania, living in Oltenia (the south west), called olteni. they have a reputation of being sorta hillbilly-ish.
mircea_popescu: so, one day these guys (about 2mn total) declare war to china.
mircea_popescu: the chinese are kind-of shocked, spend about a week trying to find large enouygh maps so this Oltenia is shiwn on them
mircea_popescu: eventualy they discover it's a province of Romania and not even autonomous, so they tell their ambassador at Bucharest to go on a trip to Caracal and see what in the fuck.
mircea_popescu: "Hello nice people. Did you send us a declaration of war ?!"
mircea_popescu: "Yes we did."
mircea_popescu: "But why ?!"
mircea_popescu: "None of your business"
mircea_popescu: "But do you realise the great nation of Han is over a billion strong ? That the US falls over itself to do whatever we tell them to ? That we can call under arms about a quarter billion people within two weeks ?"
mircea_popescu: at which point the local troop is taken aback and they turn around to speak among themselves
mircea_popescu: "Hmm... so many chinese... where the fuck do we burry them all ?!"
truffles: so interesting
jurov: heh
mircea_popescu: happens to be one of my favourite jokes :D
mircea_popescu: tho i guess it's an aquired taste.
mircea_popescu: but don't worry, i'll tell it again so it becomes funny.
mircea_popescu: here goes :
truffles: look at u acknowledging differences
truffles: next ull be understanding what sarcasm is hmmm
KRS1: Once the 3 quarter billion chinese are armed they should take out their communist government for a shot at some freedom.
mircea_popescu: "We don't trust anything anymore. Not even the banking institutions," Partcha said. "I had saved in dollars, and when the banks froze deposits in 2001, I got pesos back and lost my money."
mircea_popescu: KRS1 they really don't seem to want to.
mircea_popescu: they seem more inclined to take out the us socialist government.
mircea_popescu: chetty yeah we lolled all about it yest.
jurov: well, slovak (and i think other) policemen have similar problem, too
jurov: one comes home and wife tells him
jurov: honey, i have a good message
jurov: i'm pregnant, we'll have 5th child
jurov: he replies: nooooooooooooo
jurov: every 4th child is chinese!
jurov: *5th
mircea_popescu: so i take it slovak policemen go around in pairs because one can read, one can write, too, right ?
jurov: yes
mircea_popescu: turns out the slovaks invented all teh romanian jokes :D
wao-ender: oh, that one is fav
jurov: it has alternate point
jurov: "Because one never knows."
mircea_popescu: that one doesn't gramatically work in romanian.
mircea_popescu: how do you say it in slovak ?
jurov: Jeden nikdy nevie.
mircea_popescu: jeden being one ?
jurov: yes
mircea_popescu: what's den ?
jurov: den is day but that's unrelated
mircea_popescu: how do you say "i drink" ?
jurov: ja pijem
mircea_popescu: how do you say "she drinks me" ?
mircea_popescu: what, it's a transitive verb.
jurov: depends
jurov: ona ma pije
mircea_popescu: haha. depends. ok, how do you say "she drinks my drink" ?
jurov: but if you were to say she goes on my nerves, then
jurov: ona mi pije krv
jurov: she is drinking my blood
mircea_popescu: ja ma mi, so jenen is in fact "one". romanian doesn't have it. there's cineva = somebody, but there's no "one" as an impersonal Is person.
jurov: it's any impersonal person, not just 1st
mircea_popescu: jeden nikdy nevie = nu se stie niciodata. a sti, to know, se stie is roughly the subjonctive. so the function is done by the verb rather than by a pronoun.
Neil: subjonctive: Is that franglais or sthg?
mircea_popescu: it's a mood, comes from latin
Neil: Cross between subjonctif and subjunctive. :)
mircea_popescu: english has it, very a ok, subjunctive then.
Neil: If I were you etc. not if I was you
truffles: if i was yous
Neil: Much more prevalent in French than English
mircea_popescu: yeah. english has it but it's mostly... unknown so to speak.
KRS1: instead of learning slovakian, might want to start learning chinese
truffles: or english :D
mircea_popescu: i've yet to meet a sexy chinese woman.
KRS1: wut
KRS1: I have one for you, then tell me.
Neil: mircea_popescu: Dude.
mircea_popescu: what can i tell you!
truffles: millions of chinese, not one hot hmm
KRS1: Mayne she's not 100% chinese, I shall summon her.
mircea_popescu: i don't go for the entire "hello my face is a pancake" thing
jurov: KRS1: i agree, though, you can talk russian at suprising number of places
Neil: pancake? I think you have the wrong nationality
mircea_popescu: jurov the structure seems pretty russian really.
truffles: ignorance is bliss
Neil: Wow how tf did you pull that up in 10 secs
mircea_popescu: i have ppls working for me,
mircea_popescu: and i make them do the stupidest shit
truffles: sweet life
mircea_popescu: i think entire retirements will consist of strictly cataloguing the insanity that went on back in this day.
Neil: Koreans have noticeably "flat" faces but not Chinese. I've met plenty hot Chinese women and I live in Japan. Maybe you should move to Asia :)
assbot: [MPEX] [S.MPOE] 8140 @ 0.00091695 = 7.464 BTC [+]
mircea_popescu: well sure. i don't propose the chinese are racially ugly.
mircea_popescu: i'm just sayin', ive not met the good ones.
KRS1: mircea_popescu: I feel the same way you do on that. The bitch in this video is an exception I think.
KRS1: Behold, your chinese dream woman.
ozbot: George Michael - I Want Your Sex (Stereo Version) - YouTube
KRS1: 3:15 ftw
truffles: good song!
mircea_popescu: "This video contains content from VEVO. It is restricted from playback on certain sites."
Neil: Some Chinese gals are really good fun. Don't take life too seriously.
KRS1: f'n a truffles.. He killed it in the 80's with that album, and other hits.
mircea_popescu: see, vevo ruins my sex prospects.
mircea_popescu: anyway, lunch. love you all.
ozbot: George Michael - I Want Your Sex - YouTube
ThickAsThieves: i dont think that girl is chinese
KRS1: <3
KRS1: ThickAsThieves, I was wondering..maybe she's a jap. I can never tell the difference with those people.
pankkake: well, there's a difference. chinese=ugly, japanese=beautiful
Neil: 80% of time Japanese / Chinese difference is clear. The 20% is a bitch.
pankkake: koreans in between
KRS1: pankkake: hmm..interesting. I need to look into this.
pankkake: of course I'm trolly with the ugly/beautiful, but there is a certain truth to it :)
Neil: It's obvious 1 second after they start talking :)
truffles: which one is plastic surgery central
pankkake: korea
truffles: right
truffles: i couldnt tell if woman was chinese, id lean towards no
Neil: Since when was Antonopoulos pronounced Antonopolis?
assbot: [HAVELOCK] [CBTC] 3382 @ 0.00008885 = 0.3005 BTC [+] {2}
ThickAsThieves: she's Chinese!
truffles: pity the lemmings couldnt google hot chinese :D
ThickAsThieves: althought i do find her weird looking
ThickAsThieves: although*
ThickAsThieves: elongated face
Mats_cd03: .bait
Mats_cd03: .bait
assbot: [MPEX] [S.MPOE] 11000 @ 0.00091661 = 10.0827 BTC [-]
assbot: [HAVELOCK] [DEALCO] 25 @ 0.0043 = 0.1075 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 50 @ 0.00275146 = 0.1376 BTC [-] {5}
assbot: [HAVELOCK] [AM1] 2 @ 0.6145005 = 1.229 BTC [-] {2}
assbot: [HAVELOCK] [DEALCO] 56 @ 0.00415133 = 0.2325 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 11017 @ 0.00092029 = 10.1388 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 200 @ 0.00588415 = 1.1768 BTC [+] {9}
Duffer1: when MPOE-PR isn't around?
jborkl: Mircea_popescu, Romania still frozen over?
assbot: [HAVELOCK] [AM1] 1 @ 0.61050001 BTC [-]
mircea_popescu: jborkl it never was ? got a light coat, mebbe two inches
mircea_popescu: Duffer1 lol
assbot: [HAVELOCK] [AM1] 1 @ 0.6105 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.61020507 BTC [-]
jborkl: Oh , the news said Romania was in a deep freeze stopping the whole country
jborkl: Typical news eh
mircea_popescu: i can take a shot out the window if you want, but basically it just snowed enough to be cute
mircea_popescu: then again, im in the part of romania where the fig tree grows wild.
ThickAsThieves: must be reporters from Atlanta
mircea_popescu: they probably had some snow around the carpathians bend, but hey.
mircea_popescu: they do every year.
mircea_popescu: once i fell with my car into the snow, had to have it pulled out my a military truck
devthedev: Hey mircea_popescu
jborkl: I figured the news was wrong again, just interested to see how wrong :)
mircea_popescu: gotta "make it newsworthy" huh. the conspiracy of government and press.
devthedev: Nice to finally meet you mircea_popescu :P
mircea_popescu: haha cool.
jborkl: Yeah, Romania had 1 inch of snow doesn't have the same rung
jborkl: Ring
devthedev: I avoid the snow, I live in FL. lol
assbot: [HAVELOCK] [CBTC] 16621 @ 0.0000907 = 1.5075 BTC [+] {7}
mircea_popescu: During the Spanish colonization of the Americas, the giant anteater was one of many native fauna taken to Europe for display. At first, Europeans believed all anteaters were female and mated with their noses.
mircea_popescu: there is nothing common about common sense.
assbot: [HAVELOCK] [CFIG] 10 @ 0.07500001 = 0.75 BTC [-] {3}
lippoper: ozbot!!
lippoper: .bait
assbot: [MPEX] [S.MPOE] 1900 @ 0.00091661 = 1.7416 BTC [-]
ozbot: 2193847870.17428 | Next Diff in 858 blocks | Estimated Change: 13.6964% in 5d 3h 21m 44s
ThickAsThieves: ;;estimate
gribble: Next difficulty estimate | 2495218979.32 based on data since last change | 2588184152.17 based on data for last three days
mircea_popescu: apparently slovakia has a "Ordinary People and Independent Personalities" party.
mircea_popescu: that thing would so rock in the us...
mircea_popescu: everyone's an ordinary peopl and independent personality there.
jurov: oh, in every elections there's such crazy party
jurov: we had "Alliance of New Citizen"
jurov: "Party of Citizens' mutual understanding"
jurov: Freedom and Solidarity"
jurov: each of these actually got few MPs
mircea_popescu: what does it take for a mp seat, like 50k votes ?
jurov: yes, 5% of whatever many people come to vote
mircea_popescu: so like 12k ?
jurov: maybe
mircea_popescu: so start a faucet, become an mp.
jurov: even Fico's party is called "Direction - Social Democracy"
Azelphur: hahaha mp on bitcoin foundation
Azelphur: I'd vote for that
mircea_popescu: im not even kidding jurov. you absolutely should think seriously about it.
mircea_popescu: Slovak Bitcoin Party.
jurov: yes, i did think, easy way to get immunity from law
mircea_popescu: that's not even it.
assbot: [MPEX] [S.MPOE] 2800 @ 0.00091216 = 2.554 BTC [-]
jurov: if the time comes...
mircea_popescu: easy way to be fucking sensible, to counterbalance all the idiots speaking for bitcoin as if they had a clue
mircea_popescu: don't wait for "the time to come".
mircea_popescu: you got four years till the next elections and more dough than any other candidate.
jurov: wao-ender: ^^ do you read this?
mircea_popescu: you're ideally placed, make your move.
jurov: the problem is, it's very hard to get activists with half a brain here
mircea_popescu: so get activists with a full brain.
mircea_popescu: what do you do this summer ?
mircea_popescu: tour the fucking city, talk to everyone.
mircea_popescu: you can bloody well walk all of slovenia in a summer.
jurov: i was involved in support of disabled people .. never again
mircea_popescu: forget "being involved". do. as in, for yourself, properly.
jurov: that was for myself, too. the stupidity was the problem
wao-ender: so, we are going setup party?
wao-ender: 4 yo is plenty of time
mircea_popescu: this is definitely the best opportunity for anything like that you'll have
mircea_popescu: bitcoin appeals to intelligent, young, educated people.
wao-ender: ^ ^ ^ yes.
jurov: nah, they went out long ago
mircea_popescu: hit it before some other fuckwit piggybacks on the name without any credential or a clue.
wao-ender: but, our market is well timed for that, in Czech, there are people try be supportive for Pirate parties..
jurov: everythin *will* end up on my back
wao-ender: bitcoin party is just one step ahead
mircea_popescu: because by 2018 it will be all "hello I'm Herp McDerp, I have 0.059876 btc in a webwallet, let me tell you all about Bitcoin"
jurov: wao-ender: you know what crakpots attend progressbar
wao-ender: jurov: right, we rejected them
jurov: you'd have to deal with them
jurov: even rejection is dealing
wao-ender: they want used us in their politics program, like setup first PR at our space, tricksters.
mircea_popescu: wao-ender just negotiate with people. "o, you want to use us ? fine, but you must be naked while doing it" "o, you don't want to do naked pr ? ok, what else can you offer"
mircea_popescu: soon enough people come into line.
wao-ender: yeah, that's how I selling bitcoins
wao-ender: I just setup high price, when one is in the emergency, it will sell somehow..
jurov: there the situation is clear
jurov: but in politics, someone often comes to help
jurov: and them messes everything beyond repair
wao-ender: mircea_popescu: but, I will think about it, politics in our countyr will be open for new parties in year or next year after
mircea_popescu: so don't give them access to anything that's more dangerous than they're trustworthy.
wao-ender: mircea_popescu: because that Fico's party (SMER-SD) will loose it's managment when he moves to the president position afaik
mircea_popescu: wao-ender nothing comes of those who think about things, in my experience.
jurov: wao-ender: if you do know such trustworthy people, then i'll think about it
jurov: because i don't except for you
wao-ender: .. when I knew, he is second time premier, I knew best exit from politics is to be just two times president in a row.
mircea_popescu: or more properly said : you gotta think from the perspective "i am doing this, let me think how" rather than from the perspective "let me think if i will do this"
mircea_popescu: that latter approach never goes anywhere.
wao-ender: jurov: when this aim will be announced, I think some new comers will reveal from other circles
jurov: yes, that's what i'm talking about
jurov: what do you do with them? you can't give them any responsibility
mircea_popescu: you always can give someone responsibility. just tailor it.
wao-ender: oh, you need treat them like they are special in some way, in positive sense
mircea_popescu: make them copy down your party programme by hand for a week.
jurov: fuck i could have been a star of hearing disability HGO, run for MP, etc. I really was in national TV 2 times.
mircea_popescu: that's a responsibility.
jurov: *NGO
wao-ender: and not giving them full permissions, just little of them. They will just show you how they can manage responsibility with that little permissions
mircea_popescu: exactly like computers work.
jurov: then i found I dont; really have any support, just backstabbing
mircea_popescu: you're too emotional.
jurov: yes i know
mircea_popescu: who cares about all teh goats in the world.
wao-ender: and yes, you need to be cold, w/o any emotions at all.
jurov: often i imagine myself in a public dispute
jurov: only to realize i'd seriously offend most people involved
jurov: i like to speak too straight
wao-ender: oh, diplomatic speech is just all about training and clever words
jurov: *too emotional
mircea_popescu: just as long as you have a point, offending idiots is actually a net positive for you.
mircea_popescu: offend away.
wao-ender: but well, I'm marked as master troll in my circles, is that great way to start?
jurov: there are *all* idiots then... usually almost nobody gets my point
mircea_popescu: then your point needs working on, or perhaps the expression thereof.
mircea_popescu: jurov just consider this : for all you know i could be deaf and mute. i've never bothered to prop up whatever dumbass conferences they do, where various nobodies gather to pat each other's backs. i still dominate the field. how come ?
mircea_popescu: apparently this can be done.
mircea_popescu: way the fuck easier to do in a small country with a coherent culture, too.
mircea_popescu: just identify your target, tailor your message so it may understood and let it rip.
assbot: [MPEX] [S.MPOE] 5817 @ 0.00091216 = 5.306 BTC [-]
wao-ender: it's all about smart moves, not about PR. PR is for me just horizontal voice/notion about person
wao-ender: ah and yes, that's how social engineering works
jurov: it needs to be something that forces me to overcome my bad experience with leading people/explaining things to them
wao-ender: in last years, there are also some well paid marketers called "growth hackers" who are doing this fine :)
mircea_popescu: jurov who the fuck cares about your bad experiences.
assbot: [MPEX] [S.MPOE] 6823 @ 0.00091213 = 6.2235 BTC [-] {2}
jurov: *shrug*
mircea_popescu: yeah well see ? you can't become prisoner of your own bad experiences.
mircea_popescu: way too easy for others to hack you into inactivity, just by controlling that part.
mircea_popescu: you gotta be above it to be an independent agent.
mircea_popescu: obviously, easier said than done. but still.
wao-ender: Oh one thing, to be successful, you just need to be not negative, or passive agressive to someone.. that really sells your person
wao-ender: I just readed y'day mpoe-pr aproach to that strip bb, and other members was there like barking wolfes on her. I didnt expect that, well
assbot: [HAVELOCK] [PETA] 15 @ 0.04999993 = 0.75 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5285 @ 0.00091077 = 4.8134 BTC [-] {2}
jurov: all in all, what reward is there in trying to drag this nation into 21st century?
jurov: even fags abhor politicians on top of that
mircea_popescu: no, reward is there in you expressing yourself, and expressing this thing you believe in.
mircea_popescu: correctly.
wao-ender: Well, maybe I have propositions to do this at all
jurov: oh, i'm pretty undecided
wao-ender: even in romanian wiki is there article about him
ozbot: Matia Corvin - Wikipedia
mircea_popescu: ya well, don't let too many opportunities pass you by while you're undecided, or else you'll end up old and bitter.
wao-ender: He even renamed Bratislava to Istropolis
mircea_popescu: wao-ender the guy is romanian you know.
mircea_popescu: born same city i was.
wao-ender: Oh, nice. I like his way, how he made it. When he was at top of kingdom, he turn on economic and culture bloom
wao-ender: One of my fav from history
mircea_popescu: not bad.
jurov: I like Tomas Bata. And he would not be able to do what he did from politics.
wao-ender: Bata was decades later, yes
wao-ender: We're kinda famous for him
wao-ender: like Bata's prices, .99c
wao-ender: but he was kinda emperor that times
jurov: heh.. did you know he made an office in the elevator so that his employees would not waste time coimg nd going to him?
jurov: that building still stands in partizanske
mike_c: anybody know why some log lines show up blank?
wao-ender: yeah, and he had office at each floor, afaik
ozbot: #bitcoin-assets log
mircea_popescu: mike_c because assbot chokes on some special chars and kako does not want to fix it already!
mike_c: ah
mircea_popescu: just do a ereg replace yo!
assbot: [MPEX] [S.MPOE] 21282 @ 0.00090917 = 19.349 BTC [-] {3}
jurov: yes, kako fails unicode
wao-ender: but back to Corvin, he made something really revolutionary. He brings University into Bratislava
wao-ender: Istropolitana was one of first in Europe, right?
wao-ender: btw, our hackerspace is near of Istropolitana :P ( Universitas Istropolitana )
wao-ender: ahm just first in Slovakia, whatever, :sad:
ozbot: Universitas Istropolitana - Wikipedia, the free encyclopedia
mircea_popescu: you know, the first european universities are in the 1200s
mircea_popescu: even the ottomans had one before 1500
wao-ender: yeah, I reading now about that, fixint my memories
kakobrekla: jurov wrong, unicode fails kako
mike_c: ۞ so, like, this line should be off the record.
mircea_popescu: no but srsly, just filter unknown chars out rather than drop the line
mircea_popescu: mike_c in 99% cases it's bullshit curly quotes that do it.
mike_c: damn, didn't work
kakobrekla: assbot can read chinese
kakobrekla: i dont give a fuck for your phuny chars
mike_c: “ off the record? “
mike_c: grr
kakobrekla: you cant even broke it
kakobrekla: brake
kakobrekla: brb coffee.
mircea_popescu: If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first, Lawsky said at the hearing.
mircea_popescu: “If the choice for regulators is to permit money laundering on the one hand, or to permit innovation on the other, we are always going to choose squelching the money laundering first,” Lawsky said at the hearing.
mircea_popescu: that statement is fundamentally "we're stupid, ignore us please".
assbot: [HAVELOCK] [HMF] [PAID] 13.00000000 BTC to 40`000 shares, 32500 satoshi per share
assbot: [MPEX] [S.MPOE] 6800 @ 0.00090386 = 6.1462 BTC [-]
mike_c: dang, i forgot to apply for my innovation permit.
kakobrekla: the second line didnt make it to logs
kakobrekla: mircea is a natural
mircea_popescu: no, i just know what to use
mike_c: i think it depends on irc client. i don't think my client could even send anything that would break it.
mircea_popescu: it takes a retarded ny bureaucrat to generate the real good kludge
kakobrekla: well irc endocings are bullshit
kakobrekla: blarg
kakobrekla: encodings
mircea_popescu: lol kakotype.
assbot: [HAVELOCK] [CBTC] 1480 @ 0.00009146 = 0.1354 BTC [+]
mircea_popescu: mike_c how do you see “ or ” ?
kakobrekla: cutn spell cunt tpye
mircea_popescu: bad ms curlyquotes.
mike_c: blank and blank
kakobrekla: broke google.
assbot: [HAVELOCK] [CBTC] 3000 @ 0.00009191 = 0.2757 BTC [+] {4}
mircea_popescu: anyway, it's the E2809C/E2809D stuff
mike_c: “ copy and paste ftw “
mike_c: damn, see, my client converts it
mircea_popescu: well yeah, cause you're running some noob sort of software that thinks it knows what you mean
mike_c: yes
mircea_popescu: which... great for the retail market, tbh.
kakobrekla: but here and now, we like total control so we can break srtuff.
kakobrekla: stuff
mircea_popescu: don't opress my hacking!
assbot: [HAVELOCK] [NEOBEE] 54 @ 0.0029212 = 0.1577 BTC [+]
assbot: [HAVELOCK] [AM1] 5 @ 0.606 = 3.03 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.60002001 BTC [-]
pankkake: and yet, it's irssi, just expecting UTF-8. hm, make it's screen's fault
jurov: likewise, i saw just boxes with STS and CCM in them
assbot: [HAVELOCK] [AM1] 3 @ 0.602 = 1.806 BTC [+] {2}
jurov: not in the dejavu font, i guess
deadweasel: can't you just set term to utf-8
pankkake: screen has a bug and can't handle utf-8 with too many bytes
assbot: [MPEX] [S.MPOE] 7050 @ 0.00090386 = 6.3722 BTC [-]
jurov: what about tmux?
pankkake: tmux doesn't have that issue, nor do latest screen git
deadweasel: what's that font?
kakobrekla: dunno
kakobrekla: Font 1
deadweasel: "/set font 1
kakobrekla: settings sez Consolas 12
deadweasel: nice, thx, i'm gonna try it for a bit.
deadweasel: oooooh, curvy, sexy letters
assbot: [HAVELOCK] [PETA] 6 @ 0.04999994 = 0.3 BTC [+]
mircea_popescu: lmao he's using irc in comic ms
kakobrekla: nubbins is on my and i havent banned him.
kakobrekla: my = nac
kakobrekla: fuck.
pankkake: what about Microsoft Chat?
kakobrekla: doesnt have that font.
kakobrekla: it there some nigger joke in there?
assbot: [HAVELOCK] [AM100] 1100 @ 0.00596699 = 6.5637 BTC [-]
assbot: [MPEX] [S.MPOE] 6300 @ 0.0009019 = 5.682 BTC [-]
assbot: [MPEX] [S.MPOE] 813 @ 0.0009019 = 0.7332 BTC [-]
lippoper: I see it like this
lippoper: (11:03:11 AM) mircea_popescu: mike_c how do you see ? or ? ?
lippoper: yes, ? marks
assbot: [HAVELOCK] [CBTC] 5225 @ 0.00009199 = 0.4806 BTC [+]
mircea_popescu: so on the good news front, eulora has all the skill / levelling / training stuff working and i'm quite happy with the system we use.
mircea_popescu: in fact, i'd say it kicks all ass.
assbot: [HAVELOCK] [CBTC] 3007 @ 0.000092 = 0.2766 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 9000 @ 0.00089922 = 8.093 BTC [-] {3}
mircea_popescu: hopefully sometime next week a crafting v0.4 is out.
assbot: [HAVELOCK] [AM100] 52 @ 0.00596699 = 0.3103 BTC [-]
assbot: [HAVELOCK] [CBTC] 13500 @ 0.00009299 = 1.2554 BTC [+]
assbot: [HAVELOCK] [MS] 40 @ 0.005 = 0.2 BTC
benkay: asciilifeform: i'd like to read your proof that the us hedge funds are all little madoffs
assbot: [HAVELOCK] [CBTC] 3761 @ 0.0000949 = 0.3569 BTC [+]
benkay: !l m
assbot: Last trade for S.MG on MPEX was at 0.000138 BTC [+]
benkay: !l m s.nsa
assbot: Last trade for S.NSA on MPEX was at 0.00017 BTC [+]
assbot: [HAVELOCK] [CBTC] 4700 @ 0.000095 = 0.4465 BTC [+]
mike_c: any plans on updating git?
mircea_popescu: mike_c yeah.
mircea_popescu: someone else wanted to do a platform compile, or actually i think multiple people.
mike_c: yeah, cross-compiling early is usually a good idea. especially when you get other people to do it.
pankkake: so it's git? in my mind it was svn
mircea_popescu: im clueless so i just use these to mean the same thing.
mircea_popescu: in my mind he just asked me if compilable code is to be published
mike_c: they are on github
ozbot: Shared Coin - Free Trustless Bitcoin Mixing
mircea_popescu: seems piuk made a something.
mircea_popescu: course as described the model's got nothing on bitbet, but hey.
benkay: bitbet as mixer
benkay: wow
benkay: things are never apparent to me mp
benkay: words of one syllable etc
mircea_popescu: since you can by design make zero-delta bets, and since the fee is 1%... bitbet is partly the reason why mixer services sort-of died last year, i'd guess.
assbot: [HAVELOCK] [CBTC] 5000 @ 0.0000951 = 0.4755 BTC [+]
assbot: [MPEX] [S.MPOE] 18650 @ 0.00089897 = 16.7658 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 40 @ 0.58347561 = 23.339 BTC [-] {8}
assbot: [HAVELOCK] [CFIG] 1 @ 0.13149997 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 100 @ 0.24310363 = 24.3104 BTC
assbot: [HAVELOCK] [AM1] 4 @ 0.61499997 = 2.46 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.61499999 BTC [+]
assbot: [MPEX] [S.MPOE] 8205 @ 0.00090213 = 7.402 BTC [+] {2}
assbot: [HAVELOCK] [COG] 62 @ 0.04790151 = 2.9699 BTC [+] {8}
gribble: Time since last block: 5 minutes and 26 seconds
ozbot: 2193847870.17428 | Next Diff in 847 blocks | Estimated Change: 13.6058% in 5d 1h 51m 59s
mike_c: i'm excited. my robot is coming soon.
mircea_popescu: what's it do ?
assbot: [HAVELOCK] [COG] 5 @ 0.04999997 = 0.25 BTC [+]
mike_c: whatever i tell it to! raspberry pi driven. has camera, distance sensor.
mircea_popescu: and what, carry stuff up to 2 oz ?
mike_c: carrying stuff will not be its forte.
mircea_popescu: push buttons ?
mike_c: hm. vimeo is choking. i think this the link:
ozbot: RAPIRO: The cool robot you always wanted as a kid on Vimeo
ozbot: RAPIRO: The cool robot you always wanted as a kid - YouTube
benkay: i just want a robot that follows me to the grocery store and back
benkay: 4 wheels would be sufficient, but 1 would be more impressive
KRS1: how about a realdoll robot with nice legs
KRS1: who can run 60 mph and still romance you with a delicious dinner
KRS1: and at your command go fuck up a group of thugs who insulted yo mama
mircea_popescu: so some kid in sierra leone hacks into it and it dropkicks you to oblivion ?
KRS1: uhhhh..heh.
KRS1: hey I know her
wao-ender: 23.2. will have his bday
assbot: [HAVELOCK] [HMF] 16 @ 0.02751006 = 0.4402 BTC [-] {3}
wao-ender: but well, I think you have lot of interesting things there to know
wao-ender: I have on my plan that way to stop at Nikola Teslas museum as well
jurov: there's one in Romania?
assbot: [HAVELOCK] [HMF] 122 @ 0.02712507 = 3.3093 BTC [-] {10}
jurov: i was in the Belgrade one
mircea_popescu: i was in the belgrade one too
mircea_popescu: wasn't really all that much... more the name than anything
jurov: yes, only a small house
assbot: [HAVELOCK] [NEOBEE] 500 @ 0.0027658 = 1.3829 BTC [-] {14}
jurov: they ran a film document, one tesla coil with live demonstration and few artifacts
assbot: [HAVELOCK] [AM1] 3 @ 0.62499899 = 1.875 BTC [+] {2}
assbot: [HAVELOCK] [NEOBEE] 160 @ 0.00292525 = 0.468 BTC [+] {7}
assbot: [HAVELOCK] [B.MINE] 1 @ 0.17 BTC
benkay: b.mine
benkay: valentines day scams
ThickAsThieves: idea: mobile ASIC mine that leeches on Tesla charging stations
mircea_popescu: ahahahaa
mircea_popescu: you could have a modified tesla.
jurov: lol we had similar idea to hook them to trolleybuses here
assbot: [MPEX] [S.MPOE] 15390 @ 0.00091192 = 14.0344 BTC [+] {2}
mircea_popescu: hash'n'crash
ThickAsThieves: it could even hash while you drive to the next one
deadweasel: have to pause it to get up hills tho
ThickAsThieves: free heating too
mircea_popescu: pity tesla doesn't do RVs
the20year: yeah
the20year: Im curious to see about this new car of theirs
jurov: tesla does log energy usage, they'd discover any major leeching
mircea_popescu: you could solve the retirement problem. just give everyone a tesla rv with hashing gear.
jurov: on the other hand, old trams.trolleybuses do not
mircea_popescu: jurov yeah they do. at the feed station.
mircea_popescu: that's basically how they know if a line is down
jurov: yes, but's much less detailed
jurov: if tesla car consistently reports 20% shorter battery life, that's fishy
mircea_popescu: im curious who's the first person to have an exploded tesla battery/chemical fire
mircea_popescu: and sue them.
ThickAsThieves: coinbase has not sent out my bitcoins after 3 hours...
ThickAsThieves: guess they need to wait for price to fall a bit more
assbot: [HAVELOCK] [DEALCO] 34 @ 0.00438 = 0.1489 BTC [-] {2}
mircea_popescu: $depth X.eur
mpexbot: mircea_popescu: X.EUR Bids: ['1200 @ 0.00166251', '4200 @ 0.0016245', '100 @ 0.00153846', '1000 @ 0.001', '100000 @ 0.0009945']
mpexbot: mircea_popescu: Asks: ['1200 @ 0.00168772', '2200 @ 0.001773', '1350 @ 0.0019975']
mircea_popescu: has it been dropping ?
jurov: no, getting sideways
ThickAsThieves: less than 1% since i initiated
ThickAsThieves: but still, it's bitcoin, why do i have to wait
ozbot: TSA Agent Confession - POLITICO Magazine
ThickAsThieves: "Dear America, I Saw You Naked
ThickAsThieves: And yes, we were laughing. Confessions of an ex-TSA agent."
mircea_popescu: abstract arts.
mircea_popescu: but nice narrowing
assbot: [HAVELOCK] [B.MINE] [PAID] 0.24986506 BTC to 218 shares, 114617 satoshi per share
ThickAsThieves: "I was even required to confiscate nail clippers from airline pilots—the implied logic being that pilots could use the nail clippers to hijack the very planes they were flying."
ThickAsThieves: "In private, most TSA officers I talked to told me they felt the agency’s day-to-day operations represented an abuse of public trust and funds."
assbot: [MPEX] [S.MPOE] 34050 @ 0.00091812 = 31.262 BTC [+] {3}
mircea_popescu: this is unlike any bureaucrat ever working for any bureaucy in any government in any country ever ?
mircea_popescu: ask anyone, from the post office to whatever you wish.
ThickAsThieves: "At the conclusion of our crash course, one of the officers in our class asked him to tell us, off the record, what he really thought about the machines. 'They’re shit,' he said"
mircea_popescu: "It was just a temporary thing, I told myself—side income for a year or two as I worked toward a degree in creative writing. It wasn’t like a recession would come along and lock me into the job or anything." i wonder how many losers currently are hiding this from themselves with the pretense to "creative writing" aspirations.
ThickAsThieves: (Rapiscan)
ThickAsThieves: "I.O. room duty quickly devolved into an unofficial break. It was the one place in the airport free of surveillance cameras"
assbot: [HAVELOCK] [HMF] 15 @ 0.027 = 0.405 BTC [-]
assbot: [HAVELOCK] [B.MINE] 1 @ 0.44 BTC [+]
assbot: [MPEX] [S.MPOE] 17271 @ 0.00091861 = 15.8653 BTC [+]
ThickAsThieves: "Officers who were dating often conspired to get assigned to the I.O. room at the same time, where they analyzed the nude images with one eye apiece, at best."
ThickAsThieves: "All the old, crass stereotypes about race and genitalia size thrived on our secure government radio channels."
ozbot: Twitter / Mircea_Popescu: @Jas0nHarringt0n You're not ...
mircea_popescu: hopefully he takes the gist of it and offs himself.
ThickAsThieves: they asked for dosimeters and were denied too
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
mircea_popescu: you know what ? it came out at nurnberg that most of the nazis working for the jew extermination agencies were trying to do a good job.
mircea_popescu: plenty of them were aspiring writers, too. just... you know, needed the dough.
mircea_popescu: god forbid they go hungry.
mircea_popescu: important people, these.
ThickAsThieves: the guy ended up getting a scholarship
ThickAsThieves: and quitting
ThickAsThieves: quitting the TSA*
Duffer1: TSA - come for the security theater, stay because we can't end the program during an employment crisis
mike_c: re: telsa fire. this video caused a stir stateside a few months ago:
ozbot: Tesla car on fire - YouTube
mike_c: apparently the batteries don't do well when pierced from the bottom by road debris
assbot: [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC
Dimsler_: you guys
Dimsler_: i got a pump up video
ozbot: [DOGE] xX_D0G3C0IN_Xx - YouTube
Dimsler_: you can all watch this and pace back and fourth in your basements
ThickAsThieves: or we can ignore anything with doge in it
mircea_popescu: mike_c obviously. a ton and a half lithium battery is a fucking hazard of the 1st degree
mircea_popescu: not that they won't get good at it with practice, just... i dun wanna be the practice.
benkay: mircea_popescu's waiting for the power-seat in the back china tesla edition
mircea_popescu: ThickAsThieves yeah, and if satan gives him a scholarship next he's gonna spend a year or two warming tar.
mircea_popescu: and then try to leech some more money off of it by writing a book about what an asshole he was for THAT stretch of his life.
ozbot: Tesla Model S will have an “executive back seat” in China | - China Auto News
mircea_popescu: when did "executive" become "luxury" i wish to know.
benkay: we're all ceo's nao
kakobrekla: ceo of
kakobrekla: o thats actually a site
ThickAsThieves: about a third of people I require to sign messages with their wallet for ID, don't send the message, only the sig
kakobrekla: at least they know what a bitcoin address is.
ThickAsThieves: what's worse is friedcat pretty much never requires signed transfers anymore
ThickAsThieves: i dont know whether open requests are scammers or people Friedcat just ignored
ThickAsThieves: scammers just never follow up I guess
mircea_popescu: so basically the brilliance of asicminer has by now ensured the entire thing is an utter mess
mircea_popescu: only took 9 months, too.
mircea_popescu: ain't working with responsible, competent people a fucking blessing.
ThickAsThieves: surprisingly, there are no cases of "Friedcat stole my shares!" tho
mircea_popescu: not until the scammors start figuring out the hole.
ThickAsThieves: i take extra measures to make sure i cant be impersonated
mircea_popescu: lol good one, i needed a dbl tacke
ThickAsThieves: sorry pankkake
ThickAsThieves: of course this assumes friedcat cares...
assbot: [MPEX] [S.MPOE] 8873 @ 0.00091604 = 8.128 BTC [-]
mircea_popescu: srsly ? ThickAssThieves, ThickAsThievs, everything all taken ?
ThickAsThieves: for one, i dont use forums for biz at all anymore
assbot: [MPEX] [S.MPOE] 15814 @ 0.00091708 = 14.5027 BTC [+] {2}
mircea_popescu: so you figure this does anything ?
mircea_popescu: think about it : to the average tard, whether you're one of the 500 scammers named after you or not makes no diff.
mircea_popescu: he still deals with you on the forum, whether you know of this or not.
ThickAsThieves: well its not all i do
mircea_popescu: one fine day they'll hold a vote about whether you should pay for it anyway
mircea_popescu: (yea i understand, just making a point)
assbot: [HAVELOCK] [AM100] 63 @ 0.0057001 = 0.3591 BTC [-] {5}
Dimsler_: bitcoin is all scammers
Dimsler_: angry greedy nerds
ThickAsThieves: the nouveau riche arent known for their poise
Dimsler_: exactly
assbot: [MPEX] [S.MPOE] 18550 @ 0.00091334 = 16.9425 BTC [-] {3}
assbot: [HAVELOCK] [SFI] 193 @ 0.00084999 = 0.164 BTC [+] {2}
midnightmagic: ThickAsThieves: +1
assbot: [HAVELOCK] [HMF] 6 @ 0.02650833 = 0.159 BTC [-] {2}
PsychoticBoy__: 2 years ago I had to work, now people are working hard very hard for me :)
assbot: [HAVELOCK] [DEALCO] 159 @ 0.00420804 = 0.6691 BTC [-] {4}
PsychoticBoy__: thats how the cookie crumbles
kakobrekla: thats how the bitcoin crumbles
assbot: [HAVELOCK] [DEALCO] 70 @ 0.00390028 = 0.273 BTC [-] {2}
kakobrekla: wait werent you running something on glbse
assbot: [MPEX] [S.MPOE] 12250 @ 0.00091174 = 11.1688 BTC [-] {3}
kakobrekla: ok ok
kakobrekla: hoho, this one is nice and easy
kakobrekla: >I guess I will answer the best I can. It is really about being in the right place at the right time. I have done really well and also lost my ass in the past. I have pretty much been involved in just about anything BTC related that was not an obvious scam, and some that where.
kakobrekla: guess who
assbot: [HAVELOCK] [B.MINE] 1 @ 0.33 BTC [-]
Duffer1: goat?
kakobrekla: bingo
mircea_popescu: goat's been trying real hard to come out as if he's trustworthy, past all forgotten etc.
kakobrekla: omg haha its gets better.
kakobrekla: >That Lambo is not really a significant part of my investment portfolio. I did it when I did cuz of Greenspan saying he could not see any "intrinsic value" in BTC. So I was like fuck it, people don't care about intrinsic value, they care about shit like Lambos. Did it for the PR.
Duffer1: he should hook me up with a couple btc
Duffer1: for the pr
Duffer1: i also accept lambo
assbot: [HAVELOCK] [B.MINE] 1 @ 0.33 BTC [-]
kakobrekla: i think one of the reasons he change his forum name like 5 times is to help to cut the ties to scams
PsychoticBoy__: yes kakobrekla I was running something on glbse
PsychoticBoy__: and later I was running some new assets on Bitfunder
kakobrekla: aha aha, classic.
Duffer1: any plans for ciphertrade?
kakobrekla: no cryptostock either?
PsychoticBoy__: no cryptostocks or havelock
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
assbot: [HAVELOCK] [HMF] 29 @ 0.02603447 = 0.755 BTC [-] {5}
kakobrekla: well, if you picked your exchanges at random, theres a good chance one of them would still be online, makes you think if you went for the shittiest deliberately
mircea_popescu: <kakobrekla> i think one of the reasons he change his forum name like 5 times is to help to cut the ties to scams << you tihnk ?!
kakobrekla: or split personality, what do i know
kakobrekla: and yes,
kakobrekla: i think,
kakobrekla: and it hurts.
assbot: [MPEX] [S.MPOE] 8771 @ 0.00090864 = 7.9697 BTC [-]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.24310363 = 0.7293 BTC
mircea_popescu: think with the other head alternatively
mircea_popescu: lower load, cooler cpu...
assbot: [HAVELOCK] [B.MINE] 4 @ 0.25 = 1 BTC [-]
jurov: benkay: where did you get this from? Writing options and providing the required collateral puts those options into the pool from which a counterparty is randomly selected during an exercise event.
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.24310363 = 0.9724 BTC
jurov: you really think mpex throws dice every time someone exercises an option?
jurov: would be fun, tho :D
mike_c: mpex + JD = more excitement
Dimsler_: yeah until you can't get your money out
mike_c: i don't get it. which of those do you have trouble getting money out of?
assbot: [HAVELOCK] [CBTC] 20618 @ 0.000097 = 1.9999 BTC [+]
mircea_popescu: this is a point, no large dice site crashed and burned so far.
jurov: maybe i'll try to improve it, but it's basically done
mircea_popescu: props for a good model.
ozbot: MPEx: The Missing Manual 6 - Options - serialized delusions
assbot: [MPEX] [S.MPOE] 15633 @ 0.00091609 = 14.3212 BTC [+] {2}
kakobrekla: all models are wrong
kakobrekla: but some are useful, they say.
mircea_popescu: jurov : "This process is not visible to the collateral holder in the course of the month."
mircea_popescu: this changed meanwhile.
jurov: heh.. so the collateral in stat output changes as exercises are done?
mike_c: thanks for link jurov. good post, i will be bookmarking for the six times a week i forget how to calculate the profit on those.
mircea_popescu: jurov it all started with mike_c being a little bitch.
mike_c: hehe
mircea_popescu: but it really went downhill once he actually had a point
mike_c: it took mysterious other parties to convince him there was a point.
mircea_popescu: well i don't listen to noobs.
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.24310363 = 2.431 BTC
mike_c: four more months i think until my 1 year bitcoin-assets birthday.
jurov: i'd like to see the arguments :D
mircea_popescu: o hey. throwing a party ?
mike_c: kako won't come to the us
assbot: [HAVELOCK] [HMF] 6 @ 0.02699999 = 0.162 BTC [+]
mircea_popescu: jurov you know, about once a meeting the idea surfaces that "we shouild just film this. itcould be a movie"
kakobrekla: cause he still has a fart worth of sanity left.
mircea_popescu: kako doesn't want his tics felt up ?
mircea_popescu: The Sanitary Fartworth, an Illustrated Book of Sayings.
mircea_popescu: ;;later tell nubbins` ^
gribble: The operation succeeded.
benkay: jurov: from mircea_popescu himself
mircea_popescu: that should go over well
kakobrekla: the, the customs will be like "dude, i won the bet but you paid less than i sent, come with me for a sec"
jurov: dunno how would one film this. people sitting in front of monitor, grinning?
jurov: with short cut from bildercoin meeting
mircea_popescu: jurov it's usually irl.
mircea_popescu: gotta be able to brandish things at people or else what sort of an argument is it.
benkay: ah well there is a mistake in there isn't it - the way i understand the selection to work is that an exercise hits everyone who underwrote proportionately to the fraction of outstanding contracts that they wrote
jurov: oh yes then.i'd really like to see the cherry truck selection meeting
mircea_popescu: we were drunk.
Dimsler_: you guys
Dimsler_: more info aon
Dimsler_: legit or not?
benkay: but jurov it is true that just writing an option puts it into the pool that can be exercised against
mircea_popescu: Dimsler_ seems legit.
benkay: and also mike_c jurov commissioned the m3 from me
Dimsler_: so if i buy 100g/hash
Dimsler_: from them
Dimsler_: it pays me every 25blocks
jurov: brb
mircea_popescu: you mean or ?
mircea_popescu: never heard of gash.
Dimsler_: these guys
ozbot: [SOLB-SOL] Sollar Bond World's First Crypto-Bond [PRE-SALE THREAD]
kakobrekla: its not a scam, as scuh.
Duffer1: them fightin words
mircea_popescu: peopl have been bitching about but i've not heard something subsytantive.
assbot: [MPEX] [S.MPOE] 1267 @ 0.000918 = 1.1631 BTC [+]
lippoper: it's pre-sale, much trouble
lippoper: they probably don't even have the mining gear yet
mircea_popescu: a review of the complete count of all bitcoin companies to date, and their spending patters may reveal that this is like ... the only 2 out of about 300 to do this.
mike_c: yes. the20year is going to be on the wrong side of that unfortunately.
mircea_popescu: actually, benkay, you still looking for fun shit to do ?
mircea_popescu: how about you make the complete list of all bitcoin companies ever.
mircea_popescu: all of them.
kakobrekla: i have been saying same since 2012
benkay: oh god
KRS1: heh
kakobrekla: but ppl are like "DIVERSIFY YOU IDIOT"
mircea_popescu: kakobrekla i'm stealing it.
mircea_popescu: benkay no, srlsly, it's a great thing to do, if it's complete.
benkay: mircea_popescu: will you commission that?
KRS1: wow. big bait. much ass.
mircea_popescu: how much comission do you want /
ozbot: Mix your coins for 1% - Bitbet as Mixer
mircea_popescu: suppose i just don't charge you for teh info ? :D
assbot: [HAVELOCK] [AM1] 5 @ 0.6248 = 3.124 BTC [-] {2}
kakobrekla: i dont think its even possible to do complete list
benkay: you have a list?
mircea_popescu: sort-of.
mircea_popescu: benkay suppose i give you the half-bitcoin i have leftover from the painting thing ? but srsly, do it thoroughly, don't leave anything out.
benkay: mighty nebulous criteria sir
mircea_popescu: whyssat ?
KRS1: benkay: Here is a great list to get started:
mircea_popescu: i mean strictly public comps
mircea_popescu: things that ever took investment from the public.
benkay: so basically trawl bitcointalk/investments back to 2010 or w/e
benkay: yeah
KRS1: curl grep ipo
mircea_popescu: this is a good idea yeah.
benkay: mhm
mircea_popescu: im sure people with history will volunteer names to fill gaps
benkay: what, is this a list or a review of each individual scam!?
mircea_popescu: and just, name, what it supposedly did, when it opened, who run it, when it closed, other notes etc.
mircea_popescu: well obviously a pankkake-style list isn't too helpful
kakobrekla: you need glbse
kakobrekla: and everything that went aside exchanges
pankkake: no glbse archive?
mircea_popescu: some twerps (goat, etc) deleted their posts, obviously.
mircea_popescu: usagi ran like... 6 things ?
pankkake: anyway, it seems like an ungodly amount of work
mircea_popescu: it does.
mircea_popescu: but it'd also yield a reference point.
kakobrekla: ok i have this crazy and mostly useless thing one sec
mike_c: plus, doesn't have to be complete to publish. start with recent ones and work backwards.
mircea_popescu: start with old ones and work forwards. much better.
benkay: i'd rather work forwards
mike_c: harder though
mircea_popescu: with recent ones all the scum will have an incentive to argue about shit.
mircea_popescu: with old stuff... they won't even notice.
benkay: ;;calc .5/300
gribble: 0.00166666666667
pankkake: perhaps do it somewhere others can contribute
mircea_popescu: history is written ad urbe condita not last superbowl backwardsia.
mike_c: this practically is a complete list of current:
ozbot: Bitcoin Scammers & (Other Cryptocurrency Scammers)
benkay: you can contribute by emailing me, pankkake ;)
pankkake: this adds a procrastination layer
benkay: mike_c: too bad it's not listified
mircea_popescu: kakobrekla dafuck is that ?
KRS1: mircea_popescu: so the IPO/bitcoin investment model is similar to the trading style where you want to increase your bitcoin instead of fiat (in hopes to buy back lower)?
kakobrekla: that hash is md5($exchange.$asset)
kakobrekla: the numbers is the last price at which the asset traded
KRS1: In other words, the companies seeking investment would have to purchase their goods/services in bitcoin in order to do this.
mircea_popescu: can you unhash it ?
kakobrekla: was not ment to beunhashed
mircea_popescu: halpful.
benkay: hashful
mircea_popescu: KRS1 hm ?
kakobrekla: well you can guess
mike_c: benkay: its paginated., etc
mircea_popescu: yes dude, and if we don't recall a fucking name we just sit here hashing letters like idjits
kakobrekla: MPEX.S.MPOE or something
pankkake: shouldn't be hard to brute force actually, not many chars
kakobrekla: you can see how many you are missing
mircea_popescu: this is a point
kakobrekla: you know i said it was crazy and useless
kakobrekla: so fuck off
mircea_popescu: so you did eh.
mircea_popescu: i thought you were being sarcastic
kakobrekla: no no.
mircea_popescu: go ask fluffles to teach you sarcasm.
kakobrekla: should be fairly quick to bruteforce this
benkay: mircea_popescu: given the "ungodly" amount of work involved i think perhaps 2 btc
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.24310363 = 0.9724 BTC
mircea_popescu: #bitcoin-assets : your daily source of insane ways to spend all your free time for great justice.
mircea_popescu: benkay im not rly hiring you to do it tho, think of it as mostly volunteer work.
kakobrekla: not too far off
pankkake: s/volunteer/slave/
kakobrekla: and dont forget to put it in niggers.txt on the end.
KRS1: In reference to "You Can Raise It But You Can't Spend It". Whats wrong with a company sticking to their business plan, soliciting for $X amount of funds, receiving it in bitcoin, converting it to fiat? Then the proper execution of the business plan can take place with the investment model of using bitcoins for funding. If the value of bitcoins goes up or down, it does not matter. The
KRS1: company seeking investment isn't buying their goods/services in bitcoin and they've properly funded their venture. If they cannot meet their goals using the solicited funds thats another problem entirely.
mircea_popescu: KRS1 the entire thing revolves around the empirical observation that companies which did not spend their ipo funds outperformed companies that did spend them, without exception.
mike_c: the problem is that the company is then competing with the BTC/fiat ROI
mircea_popescu: this is ultimately a problem of btc, of course, but still. financial analysis is what it is.
KRS1: And if the market price tanked without rebounding?
mircea_popescu: well then that'd be exactly the reverse
mircea_popescu: hence "empirical" in my line.
mike_c: if you want to short BTC there are better ways than investing in one of these companies.
assbot: [HAVELOCK] [B.SELL] 3 @ 0.1 = 0.3 BTC
pankkake: if you invest in a bitcoin company, somehow you're also thinking bitcoin will do well, right?
mircea_popescu: pankkake depends if the company is btc or not.
KRS1: good point pankkake
benkay: mircea_popescu: recommended donation for public service: 0.006 btc/security unearthed
assbot: [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC
benkay: also an interesting note: the oldest posts on the securities forum on bitcointalk are from like march. was there a db restore in which btctalk dropped all date information or something?
pankkake: maybe the section did not exist
ozbot: SkepsiDyne Integrated Node - The Bitcoin Mining Company
mircea_popescu: one of the first.
pankkake: and it was on a more generic one
pankkake: yeah, just Marketplace
mircea_popescu: there's also something run by uhhh... what was his name, the weirdo indian guy
mircea_popescu: and some shitty thing run by i forget who. those were the first three.
assbot: [MPEX] [S.MPOE] 5033 @ 0.0009111 = 4.5856 BTC [-]
assbot: [MPEX] [S.MPOE] 5417 @ 0.00091747 = 4.9699 BTC [+]
KRS1: If I'm an investor in a company using bitcoin and the day after my investment, bitcoin market price shoots upward and remains high, it kind of sucks I'm still investor X having invested only btc $Y.
kakobrekla: btw benkay re mixing, there is no g uarantee you will not get your own coins back
KRS1: However dividends paid out would make it equal i suppose.
KRS1: Unless dividends paid are always in fiat based on btc investd.
mircea_popescu: kakobrekla there is however a guarantee a third party can't establish they're your coins.
mircea_popescu: KRS1 you have 1 btc. you invest it. company trades it for 100 dollars, buys a hooker. the hooker makes 10 dollars a week.
mircea_popescu: your share yields .1 BTC a week, and thus is worth w/e .1 * riskfreerate comes to.
mircea_popescu: tomorrow btc goes to 10k. now your share yields .01 BTC a week, thus is worth 1/10 what it was.
kakobrekla: do we give out certificates or guarantees?
kakobrekla: one can see it as a weird bet
mircea_popescu: kakobrekla but suppose you go bet, and put in an address.
mircea_popescu: now, you know that that's your address, but someone looking in doesn't.
mircea_popescu: maybe you put obama's address in as a prank.
kakobrekla: obama will have trouble.
mircea_popescu: well so then.
kakobrekla: it gives clues and if futher investigation happens you can be out of luck
kakobrekla: so the guarantee isnt there
mircea_popescu: in this sense, the clue given is no different from the clue of "we don't like your face very much"
mircea_popescu: it's not a clue, it's purely arbitrary.
kakobrekla: arbitrary clue.
kakobrekla: police uses shrinks
kakobrekla: why wouldnt they bitbet.
mircea_popescu: i'm saying they wouldn't ?!
kakobrekla: ok chief of the universe.
mircea_popescu: lol how did i get mixed into this
pankkake: "Further more there is no company behind Sollar Bonds. As stated it is an Open-Sourced Dac with a Social Contract attached to each bond. Google social contract. Sollar Bonds is not a company it is a DAC-DAO."
mircea_popescu: awww, so close to it being a herp-derp!
kakobrekla: what is dac dao
mircea_popescu: ;;google DAC-DAO
gribble: Dac Dao Tran | Facebook: <>; Ho Dac Dao: <>; ky niem lop k16- Phan vien Mien Nam - YouTube: <>
pankkake: decentralized autonomous corporation and the other I don't know
mircea_popescu: i got a Dấu hiệu của người sắp đắc đạo - Thực Dưỡng
mircea_popescu: pankkake "o i know, we'll rename mpex shit and pretend like we matter". gotta love the kids.
pankkake: no, it's worse
mircea_popescu: obviously.
mircea_popescu: "we'll copy [what we understand]"
Duffer1: "Sollars is private, its distributed, and its privately distributed with no central points of failure BUT a central point of value and accountability (our company & community)"
pankkake: it's worser
mircea_popescu: this promises to be better than dmc.
jurov: just curious, do preorder schemes apply for that list?
mircea_popescu: they should i tihnk.
assbot: [HAVELOCK] [AM1] 1 @ 0.624999 BTC [+]
mircea_popescu: ;;later tell RBRubicon dude seriously, fix that connection.
gribble: The operation succeeded.
mircea_popescu: "This creation of a new city, piled on top of the massive tribute owed to the Persians, as well as the necessary donative to the army to secure its acceptance of his accession, meant Philip was desperately short of money. To pay for it, he ruthlessly increased levels of taxation, while at the same time he ceased paying subsidies to the tribes north of the Danube that were vital for keeping the peace on the frontiers."
assbot: [HAVELOCK] [HMF] 40 @ 0.027 = 1.08 BTC [+] {2}
mircea_popescu: you know... it occurs to me the us is so utterly out of moneyz, it's actually running short on stuff to pay its allies.
mike_c: luckily our tribes to the north are vital for only maple syrup
Diablo-D3: >US pays allies
Diablo-D3: lol.
mircea_popescu: yeah, but the tribes in the midwest...
mircea_popescu: afghanistan gdp is nominally 18bn, of which ~3bn direct us deposits.
ozbot: Bitcoin in China
benkay: Nefario: "I'm in China, English teacher, slow/poorish Ruby webdev programmer."
mircea_popescu: anyway, usaid economic support went 8-7-5bn 2009-2011
kakobrekla: lol benkay i thought you were joking.
kakobrekla: mircea_popescu re asset list, grep the old assets logs to compile one, you should be able to get full glbse there
assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [+]
kakobrekla: most of the rest is still obtainable
mircea_popescu: kakobrekla interesting idea, lessee.
jurov: one'll have to check the benkay's list thoroughly, if he does it.
jurov: i just found he divided MPEx into 10 billion shares instead of 1b
benkay: >.<
assbot: [HAVELOCK] [B.MINE] 1 @ 0.13 BTC [-]
mircea_popescu: **** BEGIN LOGGING AT Thu Apr 12 23:03:54 2012
mircea_popescu: this looks promising.
benkay: irc logs?
kakobrekla: like 2 days after chan was created
assbot: [HAVELOCK] [B.SELL] 1 @ 0.125 BTC [+]
assbot: [MPEX] [S.MPOE] 8550 @ 0.00090891 = 7.7712 BTC [-] {3}
kakobrekla: he so slow.
mircea_popescu: the week otc died
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
kakobrekla: (mind if he would be a month late, it would be the month that otc died)
assbot: [HAVELOCK] [NEOBEE] 48 @ 0.0029 = 0.1392 BTC [-]
KRS1: That sucks. I'd rather invest fiat in a company for non variable returns.
assbot: [HAVELOCK] [B.MINE] 2 @ 0.13 = 0.26 BTC [-]
KRS1: or btc I suppose
kakobrekla: ponzi has non variable returns
mike_c: you mean you want a bitcoin CD?
KRS1: I'd rather not receive dividends in btc I suppose..Value is subject to market price.
mike_c: well if you want a fiat CD i'm pretty sure those are available..
KRS1: Oh so the real sex here is that the btc can be worth many timees what it is..I suppose it can go the other way too.
ozbot: dpaste: #1579433
assbot: [HAVELOCK] [B.MINE] 1 @ 0.13 BTC [-]
assbot: [HAVELOCK] [AM100] 45 @ 0.00596698 = 0.2685 BTC [+] {2}
kakobrekla: kako & mp saves the day.
mike_c: [SATOSHISDAEMON.HORSE] must have been a winner
mircea_popescu: nah, it was a filly never ran
mircea_popescu: she just didn't like running, the owners said.
kakobrekla: the stakes were high, err, i mean tasty.
mircea_popescu: anyway, plenty of old assets never traded
mircea_popescu: like the aforementioned skepsi
kakobrekla: cmon i thought that was pretty funny
mircea_popescu: shit, this only goes to march 2013
kakobrekla: i wonder if that horse ever saw a stable
kakobrekla: or was it just down
assbot: [HAVELOCK] [DEALCO] 26 @ 0.00446998 = 0.1162 BTC [+]
assbot: [HAVELOCK] [PETA] 15 @ 0.04999994 = 0.75 BTC [+]
dub: it ran twice
mike_c: hehe, first race it placed last
kakobrekla: and last race, he places first,
dub: two lasts iirc so it went off to be a trail^Wglue horse
kakobrekla: in stakehouse.
assbot: [HAVELOCK] [DEALCO] 74 @ 0.00446998 = 0.3308 BTC [+]
assbot: [HAVELOCK] [AM1] 2 @ 0.624999 = 1.25 BTC [+]
dub: I had a peice of that
dub: actually not a bad model
mircea_popescu: horses ?
mike_c: selling crappy racehorses?
mircea_popescu: yeah if you hav someone competent.
dub: I've got a buddy who owns racehorses actually.. hmm
mircea_popescu: is he a btc buff ?
dub: learning
kakobrekla: you know, bitcoin means "to be a horse" in slovene
benkay: are the glbse assets on that list?
mircea_popescu: yes, but hang a second, it's incomplete yet.
assbot: [HAVELOCK] [B.MINE] 1 @ 0.14 BTC [+]
mike_c: it's funny cuz it's true :) "biti konj" ?
ozbot: dpaste: #1579444
mircea_popescu: 470, but a whole bunch of mpex options etc.
benkay: mhm
mircea_popescu: [OBSI.HRPT] << look at that lol
mircea_popescu: possibly the cleanest scammer to date.
benkay: that's not a canonical list though, right? there are other 'security' trading operations not reporting trades in -assets-trades, correct?
mircea_popescu: benkay everything that ever actually traded since april 2012 till today is in that list, except bitfunder stuff cause Ukyo never got with the program.
assbot: [HAVELOCK] [AM100] 25 @ 0.00596696 = 0.1492 BTC [-]
mircea_popescu: so you'd need to add bitfunder, pre-2012 crap (since may 2011, on the forum) and that'd be about it
benkay: oof
benkay: much work
mircea_popescu: such doge!
ozbot: Looking for co-investor(s) for credit rating and bail bond system
benkay: glbception
assbot: [HAVELOCK] [SFI] 350 @ 0.000848 = 0.2968 BTC [-]
mircea_popescu: anyway, the true value one receives from completing this monstrous task is attaining a knowledge equal only to the gods themselves.
benkay: no shit.
mircea_popescu: tbh making this list, by hand, would be the qualification for being a bitcoin financial analyst. this is the certificate, like in the old days of the guilds,
mircea_popescu: "go build a boat"
mircea_popescu: let us rejoice we still live in a time when it's humanly possible, and it doesn't even take a full year
mircea_popescu: as opposed to the burdened world of fiat, where useless substitutes take four years+ and deliver no actual value.
kakobrekla: yes mike_c , biti konj
kakobrekla: but you say it bit koin
kakobrekla: dont ask.
mircea_popescu: (which you say donti askj)
mircea_popescu: << benkay you don't even need to do all that. just make odds-neutral bets on already existing propositions.
ozbot: Mix your coins for 1% - Bitbet as Mixer
kakobrekla: or make a rejected proposition and fund that
mircea_popescu: eh shuddup
mike_c: that's basically what he proposed since pi=4 would be rejected
kakobrekla: why shutup is true
KRS1: "You Can Raise It But You Can't Spend It" is goddamn perplexing.
mike_c: how so?
kakobrekla: mike_c no fees on prop. refunds
KRS1: Because like the article states, "At what point over the last two years would [actually using the money] have been a good idea?"
mike_c: oh yeah, 0% mixer. nice.
mircea_popescu: yeah, until people start doing this, after which there will be a 5% fucking fee.
mike_c: hehe
mike_c: KRS1: yeah, that's the point. don't invest in a company that is going to use the funds for R&D or have fiat-based returns.
kakobrekla: dont give me that look, i just dont like misinformation
benkay: hang on, why would π=4 get rejected?
mike_c: cuz it's a bad bet.
benkay: how is that a bad bet?
mike_c: um, because nobody would bet on yes?
benkay: not the criteria.
kakobrekla: if its not accepted you cant put it on both sides also
benkay: well, "bad bet" per bitbet faq at least.
mircea_popescu: btw benkay your footnotes scheme is god damn awful
benkay: my everything is awful
mike_c: said the pot to the kettle
assbot: [HAVELOCK] [AM100] 57 @ 0.00596696 = 0.3401 BTC [-]
benkay: yeah your footnotes suck too
mircea_popescu: "Also, bets which are not really bets but moreover advertising, advocacy, rambling nonsense and such are unacceptable on BitBet."
mircea_popescu: pi=4 falls under rambling nonsense
mircea_popescu: how do my footnotes suck ?!
KRS1: Thats a great article and really "hit home" with me.
benkay: mouseover text is always broken
benkay: has always been broken
mike_c: 1) not html-encoded properly
mircea_popescu: you hating on the #8217 ?
mike_c: 2) you can't fking read them because they are long and they disappear before you can read the whole thing
benkay: that ^^
mircea_popescu: so click on the thing wtf am i to do
mircea_popescu: want me to hide your back button too ?
mike_c: clicking on them disrupts the reading flow too much
benkay: also iirc your footnotes fuck up your linespacing
mircea_popescu: but i cant contropl how long your browser keeps tooltips up
mircea_popescu: mine keeps them forever.
mike_c: well you could. moar JS.
mircea_popescu: anyway, YOURS suck more because of the pagination you use which is ugly!
benkay: well someday when i'm endowed with a reasonable amount of capital i'll pay someone to fix it
benkay: in the meantime
benkay: there are words, aren't there?
ozbot: MPEx: The Missing Manual 7 - Bonds and S.MPOE stock - serialized delusions
jurov: only futures and i'm done
mircea_popescu: one day when i;m rich ima fix my footnotes
mircea_popescu: jurov you're never done.
jurov: lol at least for today
the20year: mike_c: wrong side of what?
jurov: fact i'm not. today is opex
mircea_popescu: just your luck.
mike_c: the20year: you are turning bitcoin into $, which i think is a bad idea.
jurov: he is turning them into brick and mortar
jurov: or at least plywood
the20year: Yeah, i read
jurov: or dry board?
the20year: That's the unfortunate thing with any bitcoin investments, if bitcoin continues to rapidly appreciate
mike_c: well, not any
the20year: But that goes with every single investment in the world that isn't specifically buying bitcoins and holding them
mike_c: untrue
mike_c: bitbet, for example, will not crash if BTC appreciates
benkay: good luck getting btc-denominated rent, the20year
ThickAsThieves: its revenue would decline
mike_c: or it would not decline :)
the20year: I'm not
ThickAsThieves: there are plenty short term investments that could outpace bitcoin
mircea_popescu: name one ?
ThickAsThieves: longterm ones, much harder
the20year: no one would agree to it, additionally no companies would be willing to pay their employees entirely denominated in bitcoin without caveats that would essentially link it to fiat
mircea_popescu: we just went through this with herbi yest.
mike_c: bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation
ThickAsThieves: anything that appreciates in value 10% while bitcoin only moves 2%
mircea_popescu: i guess we managed to conserve purchasing power parity or what was the line ?
the20year: And that would be one of very few examples where it would work ,as long as they can keep their coding fees low
mike_c: kako works for peanuts
ThickAsThieves: <mike_c> bitbet fee revenue was higher in Q4 2013 than Q3 2013 despite massive BTC appreciation <<< it's not that simple
ThickAsThieves: many bets were made in months ago
the20year: The only hope that I have looking forward, the reason investors back us is because our company can arbitage low interest rates in fiat to then repay them in a manner that *hopefully* will outpace bitcoin
ThickAsThieves: new bets will be smaller
mike_c: like the february difficulty bet?
ThickAsThieves: i read that conv mp
ThickAsThieves: i said short term
mircea_popescu: a ok. so... not that easy to outpace it.
ThickAsThieves: not on full timescale
mircea_popescu: well... he was saying short term too.
ThickAsThieves: just a slice in time
mircea_popescu: what's short term here, two weels ?
mircea_popescu: you can't run corps on a two week horizon. just getting a sale throguh is longer than that.
ThickAsThieves: 1-90 days at best ;)
mircea_popescu: think about it. you wanna buy a house. you do dd. that's a week if you're mercury himself.
mircea_popescu: then engotiate a price. that's a month or two
mircea_popescu: then you do the paperwork etc.
mircea_popescu: there's your 90 days
ThickAsThieves: or, I buy TSLA at 165 and sell at 185
mircea_popescu: yeah but see, the convenience of financial speculation is built on some people actually doing operations at some point.
mircea_popescu: kinda their problems we're discussing
ThickAsThieves: indeed, TSLA did not actually become $20 more valuable in a few days
mircea_popescu: moreover, you can arguably have ops w/o speculation, dubious and sickly as that may be
mircea_popescu: you defo can't have speculation without any ops.
ThickAsThieves: what about you backing options?
ThickAsThieves: whats that?
ThickAsThieves: charity?
mike_c: it's a loss leader
mircea_popescu: it's actually the backstop function of government.
mircea_popescu: "Vitalik understands growth hacking, and got himself a landing page. It's got that modern, professional, single-pagey look the kids all love, and takes in emails. There's even a countdown to the Revolution beginning, although it's entirely opaque as to what precisely is Revolving other than Satoshi in his grave."
kakobrekla: anyway re tooltip, it will even do you a newline
mircea_popescu: lol benkay sounds like he's read a lot of -assets
kakobrekla: so much leet.
mircea_popescu: kakobrekla that's the good tooltip
mircea_popescu: "Humans inevitably want to be a part of a thing. Mostly they want to be led into glorious battle by strong men, but since men no longer lead and battle is not a thing, humans now coalesce into writhing, headless balls of worms in the traditional socialist style of leaderless leadership."
jurov: if/when you fid the unicode problem, ask wao-ender for the text
jurov: *fix
kakobrekla: gime the text and ill look at it
mircea_popescu: lol kako's victory dance was shortlived.
benkay: what about it, mircea_popescu?
mircea_popescu: i like it. saves me a lot of typing.
mircea_popescu: go forth and preach it, sister.
benkay: 's not like i came up with it myself
assbot: [HAVELOCK] [B.SELL] 2 @ 0.126 = 0.252 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
mircea_popescu: you ripped it ? where from ?
mircea_popescu: and wtf has exante actually done ?
jurov: kakobrekla looks like it came from there:
ozbot: All 15 candidates now officially in presidential race - The Slovak Spectator
jurov: vhdl?
mircea_popescu: shit space makes me slow
wao-ender: It's trick!
kakobrekla: ok ill take a look at some point
wao-ender: vov, ten bets, nice
benkay: mircea_popescu many many -assets conversations
mircea_popescu: yea well, you still got the words together naked.
ThickAsThieves: bitcoin magazine isnt done with the derps
ThickAsThieves: "NXT – Proof of Stake and the New Alternative Altcoin"
ThickAsThieves: new alt alt
ThickAsThieves: Yo dawg you like altcoins so much, I ...
mircea_popescu: proof of stake is kind-of the retarded concept of that original scamcoin, what was it
mircea_popescu: solidcoin
mircea_popescu: the guy with the "unspendable" millions that he spent
assbot: [HAVELOCK] [B.EXCH] 5 @ 0.24310363 = 1.2155 BTC
ThickAsThieves: i'm gonna call an altcoin Altcoin
ThickAsThieves: then newbs will be like what are these altcoins i keep hearing about!?
mircea_popescu: this is a good idea actually.
mircea_popescu: "The Ethereum wiki runs Mediawiki, a tool that seemingly lacks any sort of page indexing, leaving me no choice but to look at all recent changes to all pages for the past thirty days to even get an idea of the scope of writing that's been put into the project." << benkay does this, then complains about forum.
truffles: TAT so meta
ThickAsThieves: incidentally that is one of my ideas for a blog title "So Meta"
truffles: haha
truffles: would read
assbot: [MPEX] [S.MPOE] 9622 @ 0.00091718 = 8.8251 BTC [+] {2}
benkay: whaddaya mean complain about forum?
ThickAsThieves: i dont write nearly enough to hope I'd be good at it, but maybe I read so much it's possible
benkay: i just complain about everything
ThickAsThieves: wait, isnt that why we're here?
assbot: [MPEX] [S.MPOE] 9428 @ 0.0009176 = 8.6511 BTC [+] {2}
truffles: benkay is lurker
mircea_popescu: these pretzels are making me thristy.
truffles: TAT id like to see your writing style, ure prob funny
ThickAsThieves: maybe one day i'll twitch it for you
mircea_popescu: << o look, even the deconstructivist approach on quotes.
ozbot: CRS on BTC: Notes and Jokes
mircea_popescu: benkay learns a lot by watching does he.
assbot: [HAVELOCK] [AM100] 83 @ 0.00570353 = 0.4734 BTC [-] {6}
assbot: [MPEX] [S.MPOE] 5450 @ 0.00091837 = 5.0051 BTC [+]
mircea_popescu: i like how the research office simply restates the MP stand on the matter back in 2012,
benkay: ya well what is research after all
mircea_popescu: yet the "community" and it's "press" fails to print in two inch letters "Hey! We have a guy here that's two years smarter than the best of the USG. That's why you're fucked."
mircea_popescu: lettuce instead focus on what pothead got busted last.
pankkake: > metal band skinny puppy
pankkake: > torture
pankkake: I guess I'm USG-proof
pankkake: maybe the torture is confusing music genres
mircea_popescu: you they probably torture with arab koran chanting, or with nun music
mircea_popescu: kinda funny, if you think about it, how "torture" = enforced enlarging, in this case. god forbid you listen to some music you don't normally.
pankkake: I would probably like it… I dislike happy music though
mircea_popescu: what else, they make some modest woman go about naked. torture of all hells. yet other women love being nude.
mircea_popescu: basically the one thing people most hate is being exposed to other things.
truffles: pankkake why's that
mircea_popescu: to the degree it's "torture"
pankkake: truffles: happy music makes me sad, while sad/dark music calms me
truffles: weird
truffles: sad music makes me even sadder
kakobrekla: and happy music just sad?
truffles: cheery
truffles: gotta turn on the sad music to go with sad mood amirite
ThickAsThieves: "altcoin" is in the works
kakobrekla: make it sha
pankkake: metaltcoin?
truffles: omg pankkake no seizure warning
kakobrekla: btw if someone wants to do it, primecoin fork with a finite coinbase should do better than most of alts outthere imho
ThickAsThieves: subprimecoin
pankkake: with a coin cap?
pankkake: maybe so, but it will happen eventually
pankkake: certainly slower without asics
pankkake: (block reward decreases with difficulty increasing)
ThickAsThieves: no, Altcoin will be the clear winner because it actually serves a purpose: to clean up the ridiculous altcoin market so everyone can relax, focus on one, and become rich just like early bitcoin adopters!
ThickAsThieves: i'll do to altcoins what i did to mining binds
pankkake: oh it's an altcoin named altcoin
pankkake: let's hope so!
kakobrekla: whens the release
ThickAsThieves: waiting for coingen and the seat of my pants
pankkake: I'll mine it unless it's scrypt
assbot: [HAVELOCK] [SFI] 300 @ 0.00084999 = 0.255 BTC [+] {2}
ThickAsThieves: maybe i'll have post in forums and put in my sig
pankkake: maybe that block erupter will make me rich after all
mircea_popescu: Much of the noise in the liberal American internet revolves around making people feel good by talking about things they think are bad and raising the consciousness in a futile quest to change the world by talking. There are hugely diminishing returns to raising consciousness (even assuming the ideas you're promulgating aren't of the rankest communist origin). << this.
mircea_popescu: fucking "raise awareness".
assbot: [HAVELOCK] [SFI] 180 @ 0.00084999 = 0.153 BTC [+]
mircea_popescu: it only works for boobs.
benkay: you gotta stop this mp
benkay: gonna make me think my opinions aren't useless blather
ThickAsThieves: it's a good point
pankkake: writing your opinions make you stronger
benkay: writing makes your thinking stronger.
pankkake: yes, that
mircea_popescu: no actually it's been quite a pleasant read, and you have good points well stated.
mircea_popescu: it's of value.
benkay: staaahp
assbot: [HAVELOCK] [MS] 100 @ 0.005 = 0.5 BTC
benkay: ty :)
mircea_popescu: s;thematter, noone ever said anything nice to you ?
benkay: problem rather that constructive criticism is so damn hard to come by
ozbot: i wiil give cryptsy a sugestion since withdrawal delay so much
mircea_popescu: this guy rocks
benkay: praise is cheap, i'm an american child
mircea_popescu: yes, but even us folk occasionally do things well.
mircea_popescu: it can happen.
mike_c: that guy could probably help mtgox too
mike_c: satoshidaemon to the rescue :)
kakobrekla: it be dead.
truffles: Apocalyptic around?
ozbot: Ripped OFF by
benkay: i expect what i do to be pretty good, and for people to say 'wow that's awesome' if they're easily impressed (or paste into -assets or w/e). what i vastly prefer is "listen kid, stop blathering here here and there"
mircea_popescu: ALL OF YOU HATERS can go back and get your commissions from "TIC" now and STFU and stay off my honest and legit. post.
mircea_popescu: you payin' kako ?
kakobrekla: ok guys im outta here bye
truffles: benkay samples?
kakobrekla: mircea_popescu thats the dude from the customs btw.
pankkake: the guy is a law student according to his other posts
mircea_popescu: epic shit.
ozbot: COINBASE - Serious Issue - Reversing Bank Deposits, erroneous withdrawals, etc..
mircea_popescu: he could be the Consumer meets Bitcoin mascot.
KRS1: I hate to bring this up again.. that article "You Can Raise It But You Can't Spend It" still doesn't make sense to me.
mircea_popescu: KRS1 but you gotta form a question/challenge of som sort
mircea_popescu: else ppl will just go "well that's nice".
assbot: [MPEX] [S.MPOE] 5200 @ 0.00091709 = 4.7689 BTC [-]
truffles: haha
mircea_popescu: "Yahoo Voices is where your expertise and perspectives take center stage! Here you will find millions of articles, videos, and slideshows on every topic – published by Yahoo users, just like you."
mike_c: i would like it make sense. what is unclear?
mircea_popescu: god help me. you mean yahoo is seriously going to do the whole bs usg thing in 2014 ?! after it died ?
benkay: mhm
KRS1: Companies typically launch an IPO to raise funds, along with a business plan, to bring a particular product or service to market with the intent on making a profit. Why shouldn't a company raise funds for X amount of BTC, cash it in for fiat? According to the business plan, the investment should request $X dollars for Y project. As long as the funds are matched, and everything falls
KRS1: into place, the rest is trivial. IPO's are not meant to capitalize and profit directly from investment money.
mircea_popescu: IPO's are not meant to capitalize and profit directly from investment money. << ?! what ?!
mike_c: in bitcoinlandia, there are 2 types of ipos
KRS1: That money is to be used for the particular product or service mentioned in the business plan, right? Or do companies reinvest the money raised from the IPO and make that grow?
mircea_popescu: in general a share placement capitalises the corp. that capital is then deployed.
mircea_popescu: this system whereby corps announce what they intend to use the money for is rare irl.
kakobrekla: more common in croudfunding shit
KRS1: The capital is deployed is key here.
kakobrekla: which is what btc ipos are
kakobrekla: only they are croudscamming
mike_c: well, so is most fiat crowdfunding too
KRS1: The IPO funds should not be reinvested and grown further, they should be used to fund the project mentioned in the business plan right?
mircea_popescu: KRS1 yes. the company, once capitalised, has a fiduciary duty to deploy capital efficiently.
KRS1: So a bitcoin IPO is very different than fiat IPO?
mircea_popescu: efficiently means it will see positive returns above the risk free rate
KRS1: Right, and thats what I'm having a problem with.
KRS1: Why can't the company cash in the BTC to fund the project?
mircea_popescu: because it's likely that this will result in negative returns
ThickAsThieves: they can
mircea_popescu: which is contrary to wat the company is supposed to be doing
ThickAsThieves: the point is way simpler than all this
ThickAsThieves: when you invets your bitcoins, you are selling them and buying that thing
ThickAsThieves: so dont expect to get more bitcoins than you put it
ThickAsThieves: what mp is saying
mircea_popescu: ThickAsThieves this isn't really the thing discussed tho
mike_c: i didn't see that statement on the neobee prospectus :)
kakobrekla: <ThickAsThieves> so dont expect to get more bitcoins than you put it < wait what??
pankkake: "HKCex will also allow customers to use deposit and withdraw funds to credit cards using a PayPal gateway" interesting. no dogecoins though
ThickAsThieves: is that he feels that is a major consideration
ThickAsThieves: for the company
ThickAsThieves: when to spend bitcoin
kakobrekla: why would ANYONE invest in ANYTHING then
KRS1: Once you reach yor capitalisation goal, why can't yo ujust move on and mature the IPO as discussed in the business plan? The idea is not to make money off the initial investment, its to make money according to the business plan.
ThickAsThieves: but that company cant outpace bitcoin appreciation in whatever currency it plays in
mircea_popescu: pankkake kakobrekla curious how long that lasts.
mircea_popescu: KRS1 ok, forget bitcoin for a moment, cause this is perhaps throwing you.
mircea_popescu: suppose you are running the Fuckville power plant.
KRS1: Who cares how much you could have made off of the initial BTC investment. As long as you've reached your investment goals, deploy the capital and fund the project.
mircea_popescu: this plant runs on coal.
mircea_popescu: you have some money to buy coal.
mircea_popescu: coal today costs 100 a ton.
assbot: [MPEX] [S.MPOE] 12400 @ 0.00091709 = 11.3719 BTC [-]
ThickAsThieves: you might even say that investing in a specifically bitcoin-industry business exacerbates this problem
mircea_popescu: they just open a new coal mine. this coal mine is larger than any one on earth, and close to your plant.
mircea_popescu: you figure at this juncture coal prices will likely go down, if nothing because of transport, and so forego buying coal yet.
mircea_popescu: next week, the coal mine installs steam power
mircea_popescu: you figure, this will take coal even lower. and forego again.
mircea_popescu: next week, they bring in mega tip top drilling tools. you again....
mircea_popescu: now. you nominally are in the business of buying coal,
mircea_popescu: nevertheless your correct decision has so far been to not buy any coal.
mircea_popescu: what's the problem ?
ThickAsThieves: youre in the wrong business
KRS1: yup
mircea_popescu: no, you're not.
KRS1: Go back to your directors and tell them to rewrite the business plan
KRS1: and IPO
mircea_popescu: you're in the wrong business because your business just got better ?
ThickAsThieves: we're going back! to the future!
mircea_popescu: this doesn't make sense at all.
KRS1: You are god damned right it doesnt =/
ThickAsThieves: nothing got better
ThickAsThieves: it just didnt get worse
assbot: [HAVELOCK] [CFIG] 1 @ 0.12 BTC [-]
assbot: [HAVELOCK] [B.SELL] 5 @ 0.126 = 0.63 BTC [+]
ThickAsThieves: and since time passed, it did get worse
mircea_popescu: it got better, your expenses keep dropping
mircea_popescu: which means your margins keep improving.
KRS1: And investors keep wondering why they invested so much.
mike_c: as opposed to the investors in the company that DID keep buying coal and lost a shitload of money
KRS1: At the club house they are getting laughed at by their colleagues.
kakobrekla: is this cartoon network?
mircea_popescu: it seems so
ThickAsThieves: why arent more startups proclaiming to be 100% bitcoin?
KRS1: Their wives are ready to leave them and even the security guard at their estate is giving them better investment tips.
ThickAsThieves: i'll start a record label
mircea_popescu: ThickAsThieves because the club house is mostly populated by retards.
mike_c: krs1, wait a year. the clubhouse will have an enitrely different population.
ThickAsThieves: and i wont deal with anyone unless its bitcoin
ThickAsThieves: wanna be a vendor? whats your wallet addy?
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
mircea_popescu: ThickAsThieves sounds like for sound.
mircea_popescu: if people were actually willing to pay for music this may be a brilliant idea.
KRS1: So if we all invest in a company that needs $100 dollars, using bitcoin, as long as the $100 dollar investment goal has been reached, what is wrong with executing the rest of the business operations?
ThickAsThieves: before i found bitcoin that was the plan a label called Thick As Thieves
ThickAsThieves: maybe i mix em
KRS1: Its perfectly fine to cash in btc for fiat at the time because $X dollar investment has been reached to launch business operations.
mircea_popescu: KRS1 that you don't want to buy a house on fire at the list price.
mircea_popescu: let them either put the fire out or else let the fire run out and see what it's worth
KRS1: You have to purchase at some point though..time is money.
mike_c: around we go. what is wrong with it is that in a year that company will be worth $200 and the bitcoins it raised will be worth $2,000
KRS1: mice_c: Investment funds are requested using an IPO based on a business plan. If you never execute it and expecting your capital to fund the business, thats a big problem.
benkay: that'd be because i wrote it, mircea_popescu
mircea_popescu: benkay wait, wut ?
ThickAsThieves: maybe this could be the first charge of the Bitcoin Republik, we make a 100% Pure Bitcoin badge
benkay: ;)
jurov: benkay, maybe you wrote it and you will get paid
ThickAsThieves: any person or entity that only deals in bitcoins
jurov: but it was wildly inaccurate at places
mike_c: yes, it's not that companies using their bitcoins are doing something "wrong", just stupid.
truffles: lotta bitcoiners straddling the fence, makes me doubt their faith
mircea_popescu: lol jurov is such a capitalist :D
jurov: btw, part 8 futures is there too
benkay: there were mistakes in the pricing examples.
deadweasel: mind you all, i failed at it first.
benkay: scuse me - i made mistakes in the pricing examples.
KRS1: If the market crumbles on bitcoin and you never executed your business plan and angry investors everywhere want your head then what?
truffles: hide
KRS1: This is why I think that article is bunk.
deadweasel: change usernames
ThickAsThieves: well it was part of the plan right?
KRS1: Well written, but has no logical basis.
mircea_popescu: KRS1 but looky, what officers do is make calls.
mircea_popescu: some of them make good calls, some of them make bad calls.
ThickAsThieves: just state in your plan your bitcoin strat
mircea_popescu: this is the substance of the ipo
mircea_popescu: not some "business plan", that's not how ipos work
mircea_popescu: that's how board meetings work, where the board selects ceos
KRS1: Its an intriguing problem, but if the IPO is never launched and the business keeps investing the initial investment funds, which is risky, then this is idiotic imo.
mircea_popescu: i guess in retrospect this is yet another one of those places where naive "financiers" of the glbse troop confused discting things cause well, what did they know
kakobrekla: KRS1 if you dont want bitcoin exposure, GET THE FUCK OUT OF BITCOIN
ThickAsThieves: so mp, he has a point you should elaborate on
mircea_popescu: KRS1 well sure. but in principle, yeah, if you don't trust a unit of account it's saner for you not to hold it at all
KRS1: kakobrekla I think you are missing what I'm saying..sorry if I wasn't clear..
mircea_popescu: than to invest in corps that use it but have foreign assets.
ThickAsThieves: what specifically IS your recommendation on how a bitcoin-funded op spends
mircea_popescu: for instance : if you think the dollar is going to shit, you're better off buying euro, than buying Ford shares on the thinking that ford does business in yurp
mircea_popescu: at least grosso modo speaking
benkay: hey mircea_popescu Ubitex looks like it beat Skepsidyne to listing:
KRS1: ThickAsThieves: My recommendation is simple...if the IPO requests $X amount of dollars to fund project Y, convert BTC to fiat and execute the business plan accordingly to yeield project Y. Simple. Don't reinvest investment dollars. Thats stupid.
mircea_popescu: o hey yes. benkay. "Shares are not securities." lolzy
kakobrekla: they are indeed insecurities, mostly.
mike_c: ThickAsThieves: a btc-funded op should spend its money to make more bitcoin. like to bankroll just-dice.
ThickAsThieves: like if S.MG has a fiat expense, what, youre gonna rob shareholders?
mircea_popescu: KRS1 "if the IPO requests $X amount of dollars to fund project Y" contradicts " convert BTC to fiat"
ThickAsThieves: we're kinda saying all spending of bitcoin is bad business, right?
mike_c: yes
mircea_popescu: we're saying that the quick increase in the btc rate puts responsible, competent ceos in the position where they forego fiat deployments
mircea_popescu: this is a major problem for bitcoin atm.
KRS1: But you have to spend it to make anything happen.
ThickAsThieves: atm, or forever?
mircea_popescu: no argument. which is why it's a problem.
mircea_popescu: ThickAsThieves hopefully it settles down.
mike_c: seems like s.nsa built cardano with 2% of their ipo funds
ThickAsThieves: such a waste!
mircea_popescu: mike_c well, there's only prototyping for one board reported yet, and moreover most of the cost is engineering time, which obviously doesn't show
KRS1: You aren't launching an IPO in hopes to do business to reinvest investment funds. You are launching an IPO to do business according to the business plan of whatever business you are going into. BTC is irrelevant.
mike_c: yes, it doesn't show. but that's the point. you don't necessarily have to spend a lot to make progress.
mircea_popescu: seems a misrepresentation of what an ipo is.
pankkake: I don't know many businesses that end up doing what was planned at first
kakobrekla: KRS1 a bunch of companies have a bunch of people dealing nothing but with FX risks
pankkake: I mean, not exactly
kakobrekla: which are way smaller there than here.
kakobrekla: think about that.
KRS1: I must be out of my mind for thinking logically here and believing an IPO and a business plan should work together to do exactly what they fucking say they are going to do.
mircea_popescu: you are, yes.
assbot: [HAVELOCK] [AM1] 1 @ 0.60000001 BTC [-]
mircea_popescu: you're basically proceeding into some sort of glbse/kickfunder extrapolation as if it were a thing
mircea_popescu: they're marginal.
mike_c: krs1, that is simply incorrect.
mircea_popescu: da fuck was tha tthing called anyway, fundkicker, gofuckme, what.
mike_c: no investor in an early-stage company expects them to "follow the business plan"
KRS1: kickstarter?
mike_c: kickstarter is a lot like btc bizness. 99:1 bullshit but there are some gems.
assbot: [HAVELOCK] [B.MINE] 3 @ 0.2 = 0.6 BTC [+]
mircea_popescu: right, but that's more like a "daddy, gimme some dough to buy beer" sort of venue
mircea_popescu: in which case i suppose if you take the beermoney and buy pot daddy has the recourse of wtf, i gave you that twenny for beer not for pot.
mircea_popescu: an ipo is more like, i am a carpenter, give me money to carpent. the investor has no recourse as to whether the carpenter buys a hammer or a saw,
mircea_popescu: and when exactly.
mircea_popescu: in short, being an actual ceo of an actual corp which does an actual ipo, you are a professional.
mircea_popescu: being a pseudo-ceo of a pseudo-corp which does a kickstarter thing, you are a whatever, etsy service representative.
ozbot: luke-jr is a scammer - he renegged on a bitcoin futures contract
mircea_popescu: in a more wtf line of inquiry, check out this bet that just closed :
ozbot: BitBet - China's GDP growth to exceed 8% any quarter in 2013
mircea_popescu: the datasource (china's stat bureau) has pretty much given up on publishing data
mircea_popescu: last is q1 2013.
mircea_popescu: kakobrekla any idea on wtf we do ?
mircea_popescu: benkay see, your mind's enriching already.
benkay: but not my pocket
mircea_popescu: generally your pocket starts enriching once impotence starts showing up
mircea_popescu: at least that's what i find
assbot: [HAVELOCK] [AM100] 77 @ 0.00570329 = 0.4392 BTC [-] {3}
mircea_popescu: "Anyone who likes Bitcoin really shouldn’t want any new currencies to be created."
benkay: need moar coins. anyone have any bonerbgone?
mircea_popescu: derp. anyone knows this daniel fellow from the mises circle website ?
assbot: [HAVELOCK] [B.MINE] 1 @ 0.2 BTC [+]
benkay: i kinda take the opposite line on that one - anyone who likes bitcoin should be pleased at the cambrian derpsplosion of altchains
assbot: [HAVELOCK] [CBTC] 4845 @ 0.00009649 = 0.4675 BTC [+] {2}
assbot: [HAVELOCK] [MS] 20000 @ 0.005 = 100 BTC
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
assbot: [HAVELOCK] [SFI] 150 @ 0.00084999 = 0.1275 BTC [+]
benkay: holy shit one had to run GLBSE in a VM?!
mircea_popescu: i don't think you realise how rare deidcated servers were in 2011.
benkay: uh
KRS1: that shit started to really change in 2009
benkay: i'm just a little astonished that one booted a vm to trade these securities
KRS1: bah nothin wrong with that imo
assbot: [HAVELOCK] [B.MINE] 1 @ 0.13499919 BTC [-]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [+]
ozbot: Pay With Bitcoin
mircea_popescu: o look, coinbase is trying to steal bitpay's lunch
KRS1: mircea_popescu: back to that- good analogy btw heh
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
mircea_popescu: worthless businesses built on worthless models with no defensibility whatsoever by worthless ycombinated minds.
mike_c: coinbase been pushing that hard. offering $1m in free transactions to business that sign up with them.
assbot: [MPEX] [S.MPOE] 11510 @ 0.0009157 = 10.5397 BTC [-]
mircea_popescu: i noticed they take no fees
mircea_popescu: bye bye bitpay revenue for q1.
mircea_popescu: what did they make, 300k q4 ?
mircea_popescu: 287.84 of which out of businesses that did less than $1m historically.
mircea_popescu: KRS1 there's a more subtle problem than the spending bitcoin thing.
mircea_popescu: all i have to do all day is sit here and admire how people fail. i don't even have to do anything at all. just sit pat.
mircea_popescu: now that's an outrage.
pankkake: isn't coinbase usa only?
mike_c: i don't think that will last. surely competant competition will emerge at some point.
mircea_popescu: that bitcoin not spent is better than bitcoin spent we could perhaps live with.
mircea_popescu: mike_c before or after btc stabilizes ?
mike_c: hm
mircea_popescu: obviously eventually time fixes all problems.
mircea_popescu: but you see what i mean.
mike_c: yeah, you've got time :)
mircea_popescu: pankkake even if it is, for what good reason would it stay that way ?
assbot: [HAVELOCK] [AM100] 38 @ 0.00570214 = 0.2167 BTC [-]
kakobrekla: mircea_popescu feeless refund
mircea_popescu: shit. AND i finished the cognac
mircea_popescu: fucking friday night. nao what ;/
mircea_popescu: kakobrekla i think so yeah.
assbot: [HAVELOCK] [B.MINE] 2 @ 0.19995 = 0.3999 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 10400 @ 0.00091334 = 9.4987 BTC [-] {2}
mircea_popescu: can't hold the btc hostage till china. that may be 55 years.
mircea_popescu: ftr, she was active for like two weeks
mircea_popescu: because even then the forum was so derptarded...
benkay: i imagine she had a business to run!
ozbot: Mistress Kang
benkay: i see she's doing the nikki minaj routine
assbot: [HAVELOCK] [B.SELL] 1 @ 0.126 BTC [+]
benkay: heh
mircea_popescu: the problem with vaudeville is that you're stuck mimicking mainstream
mircea_popescu: anyway. never cared for her boobjob.
benkay: was going to say
pankkake: oh they had kiko wu! *pornstalgia*
KRS1: mircea_popescu: goes back to something I've noticed as I get older, most fuckwits in business or whatever it is they do, barely do it right. They're usually off putting their efforts in farting or dancing or whatever it is they do other than their jobs.
assbot: [MPEX] [S.MPOE] 12150 @ 0.00090902 = 11.0446 BTC [-]
mircea_popescu: i can't believe todd actually went to work for mastercoin.
pankkake: they have lot of monies
pankkake: with bounties like "10 btc for css"
benkay: wat
mircea_popescu: even so.
benkay: i can get some css done for 10 btc
pankkake: they're not litteraly offering that, don't get your hopes up :)
jurov: benkay pm
benkay: jurov my irc is apparently broken
jurov: oh you can't pm?
benkay: apparently not
jurov: i just need your btc addy
benkay: nope.
benkay: do you mind holding payment for a day?
jurov: and reminding me if i didn't pay you the first installment
jurov: not mind :)
benkay: k thanks
jurov: ;;raed benkay
gribble: Error: "raed" is not a valid command.
jurov: ;;rated benkay
gribble: You have not yet rated user benkay
benkay: i'm balls deep in btctalk shit atm
jurov: i see
kakobrekla: i want half, cause of the grep logs idea
benkay: this is not for 'securities' review, boys
mircea_popescu: jurov how much do you owe ? we'll take .75 btc for all teh great ideaz
benkay: payment for mpex missing manual
kakobrekla: i still want half
ThickAsThieves: working on some text for Altcoin:
assbot: 123!
ozbot: dpaste: #1579602: The Real Altcoin, by
assbot: 123!
jurov: you are buying my debt from benaky or what?
mircea_popescu: no, im buying your debt to benkay from you
mircea_popescu: like teh usd does it
benkay: wat
jurov: oh, bailout? no problem
benkay: just out of curiosity why?
kakobrekla: Altcoin slogan should be "the 15th standard"
mircea_popescu: the community is unimpressed.
mircea_popescu: benkay just messin' with ya
benkay: thought you saved that for the girls
benkay: the research into pre-april 2012 securities is killllllling me
ThickAsThieves: just because i love you guys so much, you get first dibs on the Altcoin package!
mircea_popescu: wow coingen works this fast ?
ThickAsThieves: and then maybe another hour
kakobrekla: blah now i got to bring my asics back online or what
ThickAsThieves: To show my dedication to the cause, I promise to NEVER mine Altcoin
mircea_popescu: you know i like bluematt more and more as time goes by
jurov: i mined ltc before it was cool
mircea_popescu: i don't remember a shitty thing the man did.
jurov: *runs*
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.24310363 = 0.7293 BTC
mircea_popescu: i actually vaguely recall zinging jurov for bothering with the silly alts a coupla years ago
jurov: yes, i was kinda psyched about the reaper (first gpu miner for scrypt)
mircea_popescu: "snoochyboochy" lol
mircea_popescu: guise think snoochyboochycoin will ever take off ?
mircea_popescu: midlifecrisiscoin
mircea_popescu: fraudcoin
mircea_popescu: atheistcoin
benkay: cascadiacoin
mircea_popescu: beliebercoin unusablecoin starvingartistcoin biebercoin wethepeoplecoin jasoncoin
assbot: [HAVELOCK] [B.MINE] 2 @ 0.1505 = 0.301 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 2 @ 0.1 = 0.2 BTC [-] {2}
mircea_popescu: and im fucking exhausted. not even 5% of the list covered
mike_c: difficult to monitor, but i would like a bitbet on bitcoincharts uptime
mike_c: then i could go long, and at least make money when they are down
jurov: ok, i got some bitchings from coinbr about the opex from coinbr
jurov: gotta fix
jurov: someone had 10 O.USD.C155T there? such bull
jurov: o that was myself :(
ozbot: [NEW] The REAL Altcoin - Act fast
mircea_popescu: lolwut ?
ThickAsThieves: just in a meta mood today i guess
benkay: did anyone save any of the glbse asset descriptions? i know they changed regularly...
pankkake: lol altcoin comes with no source code?
ThickAsThieves: i posted what coingen spit out :/
ThickAsThieves: I'm new to this revolutionizing finance thing, sorry
pankkake: I don't know how coingen works, so I'm not sure how it is supposed to get seed nodes either
ThickAsThieves: the idea is too powerful, someone will figure it out
ozbot: [NEW] The REAL Altcoin - Act fast
pankkake: YES! I mined block 1
pankkake: and then 4 blocks
assbot: [HAVELOCK] [HMF] 6 @ 0.02899911 = 0.174 BTC [-] {2}
ThickAsThieves: youre gonna be fukn rich
pankkake: at least I finally figured out how to solo mine
pankkake: can be useful on testnet I guess
azi`: i smell PONZI
ThickAsThieves: i'll buy some from you this weekend or something
ThickAsThieves: hey man Life is a Ponzi
ThickAsThieves: you only yolo once
pankkake: at least someone else is mining!
ThickAsThieves: meanwhile the public demands a better logo
pankkake: perhaps a combination of A and $
ThickAsThieves: maybe a slogan too?
ThickAsThieves: Quit Wasting Your Time
pankkake: YOLO = You Only Need One
pankkake: YONO*
kakobrekla: i added your node pankkake
kakobrekla: blocks raining.
kakobrekla: theres 80 of them now
kakobrekla: at least on my branch
pankkake: I'm probably only half
kakobrekla: i just hooked up my gpu, too lazy to bring out asic out of the closet
kakobrekla: but yeah
kakobrekla: no source no fun
pankkake: now mining on 1PonZioHc2gKHhSx3mbXD2tfahJh2vefSi
ThickAsThieves: maybe mattblue can get source to us somehow?
kakobrekla: btw there seems to be some malware attached or something
kakobrekla: just fyi
ThickAsThieves: for real?
ozbot: MPOE, January 2014 Statement pe Trilema - Un blog de Mircea Popescu.
kakobrekla: i dunno someone posted a link to a scan
pankkake: antiviruses get mad at any bitcoin thing
pankkake: because it's in so many botnets
pankkake: anyway, source code is an option on coingen, maybe you can ask for it later
azi`: 1k profits for mpex?
pankkake: not that it's hard to create it yourself from another source anyway ;)
mircea_popescu: what they charge for source, fiddy bux ?
mircea_popescu: buy bluematt a cuppa coffe, he deserves it.
jurov: $avg
mpexbot: jurov: An error has occurred and has been logged. Please contact this bot's administrator for more information.
pankkake: still?
jurov: kako avg fail
jurov: ;;ticker btcavg
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Mtgox. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the code is (1 more message)
jurov: ;;ticker --svg
gribble: (ticker [--bid|--ask|--last|--high|--low|--avg|--vol] [--currency XXX] [--market <market>|all]) -- Return pretty-printed ticker. Default market is Mtgox. If one of the result options is given, returns only that numeric result (useful for nesting in calculations). If '--currency XXX' option is given, returns ticker for that three-letter currency code. It is up to you to make sure the code is (1 more message)
jurov: ;;ticker --avg
gribble: 943.70991
pankkake: "Most giveaway threads are no longer allowed in the Alternate cryptocurrencies sections. From now on, posting or replying to such threads could result in being banned." wow!
kakobrekla: jurov ??
kakobrekla: i dont run mpexbot
kakobrekla: but yeah, if its bad, stick it to kakos ass
mircea_popescu: pankkake lol tryin to make moneyz ?
pankkake: I wanted to give The Altcoin to the community!
pankkake: my first idea of bernankoin giveaway was to award them by number of user posts
pankkake: but there were too many beks and not enough big posters
mircea_popescu: wait, bernakoin actually exists ?
pankkake: of course it does
benkay: haha
kakobrekla: its a success
pankkake: ~500 workers still :o
jurov: kakobrekla: sorry
pankkake: a nice French guy also provided a better logo
ozbot: [ANN] Bernankoin the Coin Not Evil according to Paul Krugman DL WINQT v1.3 NOW
jurov: assbot knows vwap?
kakobrekla: no clue
mircea_popescu: " Statistically speaking, MPOE-PR and by extension MP, is far more trustworthy than myself"
mircea_popescu: escrow going wtf.
mircea_popescu: $vwap x.eur
mpexbot: mircea_popescu: X.EUR 1 day: average: 0.00166253 high: 0.00166253 low: 0.00166253 volume: 200 btc: 0.332506 7 day: average: 0.00167696 high: 0.00170089 low: 0.00166114 volume: 3800 btc: 6.372431 30 day: average: 0.00180241 high: 0.002 low: 0.0016245 volume: 19539 btc: 35.21732337
pankkake: still, its an use of ;;gettrust over ;;getrating, not insane
jurov: it appears that mpex used 848,37 $ as vwap
mircea_popescu: jurov it just has an issue talking to bitcoincharts for some reason
mircea_popescu: so what's the bernakoin to altcoin exchange rate ?
pankkake: 0, there's still no exchange, no real otc trading as far as I know
pankkake: so at least something is working properly in this world
ThickAsThieves: okay Altcoin has a new logo!
kakobrekla: make it merge mined
jurov: i want bernankoin <-> doge liquidity!!!
pankkake: wow, so pro
kakobrekla: very money
mircea_popescu: wow 33 pages of bernakoin. you're like a celeb
mircea_popescu: hey kako, you have some altcoin alcoins atm ?
kakobrekla: yeah i got altcoins
mircea_popescu: how many you have ?
ThickAsThieves: do a giveaway!
mircea_popescu: pankkake how much beks you got ?
kakobrekla: 30k , half immature
pankkake: about 1 million
pankkake: I don't mine it, as it means mining less primecoin (which pays for my server bills!)
mircea_popescu: ok, kako, you sell to me 30k alts for 30 btc. pankake you sell to tako 300k beks for 30 btc. then i sell you 30k alts for 30 btc.
mircea_popescu: this way you got market cap yo!
pankkake: "moneysupply" : 7939613962.72999954
kakobrekla: was dat, for bek?
mircea_popescu: it was 3 way linking!
pankkake: yes, total bek supply
ThickAsThieves: i got a pm asking how to mine ATC
ThickAsThieves: A is better than B right?
pankkake: you're going to get a lot of PMs :|
mircea_popescu: "this coin should be sold on or a Chinese exchange if anyone know how to get it on Chinese that would be our best bet"
mircea_popescu: ThickAsThieves world's #1 letter !
pankkake: that was the first external coverage, I was so happy to read it
ozbot: Bernankoin – The Coin to Save Our Economy – QUANTITATIVE EASING |
pankkake: and one of the few to notice the funny commits
mircea_popescu: who';s ?
pankkake: random blogger
ozbot: Bernankoin Printer
ozbot: Why You Need to Take Dogecoin Seriously… |
mircea_popescu: 22% is a big deal! 11 peopl voted on tardstalk!
mircea_popescu: "The market demand for Dogecoin is there. People love it. It’s fun. It’s exciting. It’s different. It’s loyal. It’s furry. It’s happy. It’s glad to see you. It’s right there licking your face telling you that it loves you."
kakobrekla: Ink level: 27870.5800065
kakobrekla: Ink reserves: 550000
mircea_popescu: "You don’t need to love Dogecoin. But you do need to see what is happening with it right now. We have a social phenomenon going on, and even if it fails, we will learn a lesson or two from it"
pankkake: it's true, actually
ThickAsThieves: i dont have answers for these people, how do you mine it? who knows?!
pankkake: probably the first altcoin to have a genuine community
pankkake: OK I'm going to do a howto mine I guess
benkay: odd message from ''
assbot: [HAVELOCK] [HMF] 6 @ 0.02899999 = 0.174 BTC [+]
benkay: historic goat!
ozbot: (ANN) I will form a mining company to be traded on (GLBSE) if there is interest
mircea_popescu: pankkake i doubt this, but perhaps it's on the grounds of being uninformed.
mircea_popescu: wtf community ?
assbot: [HAVELOCK] [HMF] 6 @ 0.02899999 = 0.174 BTC [+]
pankkake: I think it brought people that did not use Bitcoin before
pankkake: whereas altcoins are bitcoiners looking for profit
pankkake: in that sense, it is "genuine"
mircea_popescu: ok, so it has some suction power
mircea_popescu: all the people watching tv are not a community
pankkake: I'm not saying it's The Future obviously
assbot: [HAVELOCK] [HMF] 18 @ 0.02899999 = 0.522 BTC [+] {6}
mircea_popescu: no but what i mean, a community is different from a crowd.
ozbot: Dogecoin Jamaican Bobsled Team Olympics - Business Insider
assbot: [HAVELOCK] [HMF] 6 @ 0.02969994 = 0.1782 BTC [+]
mircea_popescu: pankkake you realise there's a few people pushing it, and manipulating social media to give the impression of traction
mircea_popescu: or do you ?
pankkake: I don't know. if it had success without organized people behind it, it's a miracle
mircea_popescu: it's quite visibly (and quite respectably) being organisedly pushed.
mircea_popescu: i have no idea specifically who's doing it, but i can tell teh pro hand.
assbot: [MPEX] [S.MPOE] 10562 @ 0.00091464 = 9.6604 BTC [+]
pankkake: I wonder if those guys were prepared before launch, or they just saw a thing and decided to do it
mircea_popescu: that i can't discern.
mircea_popescu: but you can trivially notice there's two groups if you take all the sm profiles and do scoring on them. you don't end up with either a powerlaw or any sort of gauss curve
benkay: sm?
mircea_popescu: you end up with two. there's distinguishably group A and group B, and group A is further traceable to convergence
pankkake: social media
kakobrekla: well ThickAsThieves you gonna put a site up displaying thhe logo in all its glory or what
pankkake: things like reddit have been gamed for a long time
pankkake: or digg before that
pankkake: it's been widely documented, outed, etc.
KRS1: So dogge coin is worth throwing a few bucks at actually?
mircea_popescu: im not saying there's anything wrong with it, for that matter. the people doing it are providing data to all observers, not just to themselves.
mircea_popescu: i'd venture a guess that they're about 60-70% or so in the red so far, however.
kakobrekla: pankkake you split the chain?
pankkake: shit
mircea_popescu: (in the sense that total resources spent, including time / total market value - as an integral from current price to zero = ~.6x)
pankkake: my last block is orphaned
KRS1: hmm
mircea_popescu: lol now you broke it
kakobrekla: my last 50 are dead
pankkake: well it's still working it seems, I got a 50 ATC donation!
kakobrekla: still moare comming
kakobrekla: ok wtf
kakobrekla: someone plugges some serial power
pankkake: ~1 block per sec
pankkake: friedcat's mining
kakobrekla: its getting ripped
assbot: [HAVELOCK] [B.MINE] 1 @ 0.195 BTC [+]
mircea_popescu: whoa lol
kakobrekla: im finding blocks all fucked though
KRS1: lol wut
ozbot: Potential Class Action suit against Coinbase being reviewed by attorney group against : Bitcoin
benkay: yesssss
pankkake: I'd give reddit gold to the first comment
mircea_popescu: rpcuser=lol
mircea_popescu: rpcpassword=cat
benkay: good old asstomouthparty
mircea_popescu: "Big Vern told me he is adding this to Cryptsy tomorrow."
KRS1: Hotuglywife goes ass to mouth.
mircea_popescu: watch this shit blowing up and each and every one of you vilified for being fucking illuminati.
mircea_popescu: "just bought 500k on coindup. get on my lvl!" lol
kakobrekla: altcoin reached 1k blocks
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.24310363 = 0.4862 BTC
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.24310363 = 0.7293 BTC
mircea_popescu: .d altcoin
pankkake: 1.00000000
mircea_popescu: ty robokakke
pankkake: I suppose diff will be changed after 2016 blocks
pankkake: so in about 1000 seconds
mircea_popescu: "Wow! I just solo mined 17 blocks with my CPU"
kakobrekla: VERY CURRENCY
mircea_popescu: lucky cpu
pankkake: easy mining was the success of bernankoin
pankkake: especially since I enabled cpu mining by default on new versions
pankkake: (it's primecoin so cpu is good)
kakobrekla: bernake uses primecoin algo??
kakobrekla: zomg.
kakobrekla: didnt know
benkay: well gosh if -assets doesn't have its own derpcoin now
benkay: as if it didn't before...
mircea_popescu: it now has it's own legion of derpcoins
benkay: the menagerie is necessary.
benkay: also whoever dm'd me; dm's aren't working for me today
mircea_popescu: as conversations online progress, the odds of mp comissioning hitler paintings and the odds of each participant to the convo running their own altchain both increase towards 1
benkay: you guys you guys you guys
ozbot: [FREE BITCOINS] MPOE Stress testing.
benkay: historyyyyyyy
kakobrekla: o look, im in it
benkay: har and the miss in question not in full rage mode:
benkay: rare sight these days
benkay: mircea_popescu: do you ever worry about taking years off that poor girl's life?
benkay: strike poor /strike
benkay: not at the rate she's pulling AMIRITE BOYYYYYS
mircea_popescu: lolwut ?!
benkay: all the cortisol coursing through her system all the time's gotta be bad for wear and tear on the nervous system
ozbot: Why do gentlemen prefer blondes ? pe Trilema - Un blog de Mircea Popescu.
assbot: [HAVELOCK] [AM100] 31 @ 0.00594999 = 0.1844 BTC [+]
benkay: as a result, redheads are undervalued in the sexual marketplace
mircea_popescu: and for no good reason
benkay: they're generally much more entertaining, due to having to compete with all the blondes all the time
benkay: at least in my limited experience
assbot: [HAVELOCK] [CBTC] 2617 @ 0.00009304 = 0.2435 BTC [-] {6}
assbot: [HAVELOCK] [B.MINE] 1 @ 0.195 BTC [+]
benkay: it's like how overly pretty girls seem to be missing something between the ears and in the sheets
benkay: having never developed any skills in the arena due to self-overvaluation...
benkay: oh god i have to trawl economy>marketplace>services too
pankkake: always seemed obvious to me
pankkake: being a pretty girl isn't such a gift after all
pankkake: best would be to be an ugly child and then beautiful adult
benkay: haven't met many particularly good looking women over the age of 30
benkay: of course, they have other assets at that age
mircea_popescu: you mean good looking naked or dressed ?
benkay: i actually take it back totally
benkay: 'cause what is physical beauty without as prince calls it "pussy control"
assbot: [HAVELOCK] [CBTC] 4234 @ 0.00009117 = 0.386 BTC [-] {6}
mod6: what a month for s.mpoe!
pankkake: "difficulty" : 4.00000000
pankkake: I guess it's capped to 4×
pankkake: > To make use of tweens, you must construct a “tween factory”
kakobrekla: ;;calc 1830/30
assbot: [MPEX] [S.MPOE] 16254 @ 0.00091181 = 14.8206 BTC [-] {2}
mod6: At least that piece of shit has the excuse that itt's made by nobody starring Fuckfleck and wht's his name. << lol Fuckfleck
assbot: [HAVELOCK] [HMF] 6 @ 0.02868325 = 0.1721 BTC [-] {2}
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.24310363 = 0.7293 BTC
assbot: [HAVELOCK] [B.MINE] 1 @ 0.15 BTC [-]
assbot: [HAVELOCK] [HIF] 388 @ 0.00043 = 0.1668 BTC [-]
benkay: what ultimately happened to F.PURE.SYNTH?
assbot: [HAVELOCK] [DEALCO] 55 @ 0.00448 = 0.2464 BTC [-]
mircea_popescu: it got bought out iirc.
mircea_popescu: ;;google list of discontinued assets on mpex
gribble: NEXT: 16-12-2013 - #bitcoin-assets log: <>; Prosoniq - Wikipedia, the free encyclopedia: <>; Filing - <>
mircea_popescu: jezzz google.
pankkake: lol pmb
pankkake: scampex
benkay: makes it sound so innocuous
benkay: 'you scamp!'
ozbot: MPOE, rezultate August 2012 pe Trilema - Un blog de Mircea Popescu.
benkay: ty, mp.
mircea_popescu: "III. F.PURE.SYNTH is withdrawn due to lack of interest shown by investors. All outstanding shares were rebought, the current float being 0."
mircea_popescu: pankkake you know... things today are the way they are and not worse in part because pirate got humiliated on mpex, etc.
benkay: lol: with the caveat that the correct valuation thereof has proven in practice to be more difficult than it seemed in theory.
mircea_popescu: there's a certain amt of interaction one's stuck with.
benkay: how did pirate get humiliated on mpex?
mircea_popescu: when they were running out of liquidity a bunch of assholes (goat chief among them, the "bankers" like kludge, jarnett etc,
mircea_popescu: started a campaign to list it and sucker the average holder.
mircea_popescu: rosenfeld made a fake "short'
mircea_popescu: asset. i made the real short assets.
mircea_popescu: we've been good friends ever since.
mircea_popescu: course they mostly got lost, but anyway.
benkay: rosenfeld's fake short didn't pay out?
mircea_popescu: it was so structured so it didn't short anything.
mircea_popescu: read up on it, i imagine it's still on the forum.
benkay: i can't open any more tabs
benkay: my combudder will impludder under the derp
mircea_popescu: anyway, it never got any volume, which was the point of the exercise
mircea_popescu: "let me build a strawman show you nobody REALLY wants to short pirate"
mircea_popescu: that argument led directly into the 10k bet, and so on.
mircea_popescu: history is an interlocking chain.
benkay: and so dense in cryptlandia
benkay: excellent
benkay: i'm vaguely aware of this 10k bet but lack the full story. highlights?
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.24310363 BTC
mircea_popescu: wasn't doing much volume was it ?
mircea_popescu: and pirate made a bet re pirate's survival. nanotube escrowed it.
ozbot: Rating Details for User 'Vandroiy'
nubbins`: so i got a pm on the forums from goat
kakobrekla: same.
benkay: to the effect of?
nubbins`: new forum, come check it out
nubbins`: "At my new forum free-speech will be restricted a bit to enforce rules on being polite and respecting other members. We will have a very low tolerance for insulting others and more or less being a nuisance. Scamming and the like will not be tolerated at all. I hope this will be more civil place to talk about crypto and economics. "
benkay: can't in2 network effects
benkay: also TEH IRONY
assbot: [HAVELOCK] [AM100] 56 @ 0.00570003 = 0.3192 BTC [-] {3}
benkay: man i gotta write something up about goat's role in the madhouse
pankkake: Revenue from new accounts : 1`830 BTC << wut?!
nubbins`: sometimes i don't want to be polite ;(
pankkake: jimmothy is going to explode
mircea_popescu: totally.
pankkake: nubbins`: but you're canadian. that's your nature
nubbins`: ;;calc 1830/30
mircea_popescu: basically the guy's decided to somehow still matter in btc.
nubbins`: srsly?
mircea_popescu: pretty unclear how that'd work
mircea_popescu: but his general sniffing is correct, bitcointalk is spiraling into the toilet.
pankkake: still that's a lot of users, I hardly believe it
nubbins`: kako, heh
kakobrekla: stop doing same shit as i do
mircea_popescu: then again... people like the toilet.
nubbins`: that's a lot of people with 30btc
benkay: mircea_popescu's self-trading nubbins` donchaknow
mircea_popescu: it's even more with 20 btc.
nubbins`: right, that thing
mircea_popescu: then again... 50-100 accounts... whatevs.
nubbins`: well good for you!
pankkake: maybe they're refering themselves endlessly?
kakobrekla: free money
nubbins`: pankkake, money machine
benkay: some days i wonder if mircea_popescu didn't look at Pirate and say to himself "oh so you want to see an elegant scam, do yer?"
ozbot: AMC Theaters Allegedly Calls FBI to Interrogate a Google Glass Wearer - Slashdot
mircea_popescu: but you copying their shitty movie is not.
benkay: old news
benkay: is old
nubbins`: recording in a theatre is a crime here in canada as of a few years ago as well
nubbins`: they will srsly call the police and charge you :0
mircea_popescu: benkay we're even then, that wondering is even older than pirate :D
nubbins`: think about the madness of that for a moment
nubbins`: "if you point a machine at our large smooth wall, the police will put you in jail"
benkay: mircea_popescu how did you construct the pirate short that worked?
mircea_popescu: it basically mirrored exactly all the specific performance points teh "bankers" made on their announcement.
mircea_popescu: like, so and so shares issued by so and so date doing etc.
nubbins`: [23:07:39] <gribble> Sent 6 hours and 28 minutes ago: <mircea_popescu> ^
nubbins`: SUPER HELPFUL ;(
benkay: well grep the logs, breh
mircea_popescu: nubbins` :D
nubbins`: tbh i like the title
nubbins`: portraits of bitcoin's infamous, accompanied by quotes
nubbins`: a lovely inking of yifu with "this isn't good for my chi", etc
assbot: [HAVELOCK] [PETA] 20 @ 0.04999994 = 1 BTC [+]
ozbot: The Bet: BMR and Sheep to die in a year : SilkRoad
nubbins`: Arbitration & escrow are being provided by Nanotube
ozbot: The Bet: BMR and Sheep to die in a year : SilkRoad
mircea_popescu: if only these experts had heard of bitbet.
benkay: well, fix it
kakobrekla: you cant fix reddit
kakobrekla: you cant fix cognitive
kakobrekla: you cant fix shit.
benkay: better give up then ;)
kakobrekla: im not trying to fix
kakobrekla: just trying to spare times.
mircea_popescu: fundamentally speaking, time spent trying to improve the lives of idiots is a waste.
mircea_popescu: especially if their lives end up improved as a result.
mircea_popescu: "I begin implementing code changes to freeze funds and dump them to myself. I was unable to cope with the stress and constant demand, so I panicked. I am sorry for my actions, but with the funds I gathered from the site, I will be able to keep myself from being homeless for the next several months. I will always remember those that made this possible."
mircea_popescu: lol apparently nefario v2.0 was running a silkroad clone
mircea_popescu: or wait, was this intersangro v2.0
kakobrekla: hmm where is that from?
ozbot: Black market owner shuts down, takes BTC with him
pankkake: bitbet would be a great tool as insurance against black market closure
pankkake: provided bitbet wants too though
Duffer1: hello
asciilifeform: looking forward to the mega-scams involving 0.001btc total, a few yrs. from now
mircea_popescu: getting there yeah
kakobrekla: amazing
kakobrekla: taht story
assbot: [HAVELOCK] [B.MINE] 2 @ 0.15 = 0.3 BTC [-] {2}
assbot: [HAVELOCK] [B.SELL] 1 @ 0.10200001 BTC [+]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.102 BTC [-]
assbot: [HAVELOCK] [AM1] 7 @ 0.59858299 = 4.1901 BTC [-] {6}
mircea_popescu: what's altcoin diff yet ?
pankkake: will chaneg in a few secs
assbot: [MPEX] [S.MPOE] 9700 @ 0.00090993 = 8.8263 BTC [-] {4}
pankkake: "difficulty" : 16.00000000
mircea_popescu: o hey. two in a row.
pankkake: still 1+ block per sec, I suspect a lot are lost to stale and orphans
pankkake: coingen really makes terrible coins :))
mircea_popescu: lol i wonder why exactly that is
pankkake: why what? the starting difficulty is too low for todays's hardware
mircea_popescu: no, why terrible.
pankkake: bad settings of starting difficulty and its adjustments; no seed nodes; same genesis block for all coins and I think same RPC port
ThickAsThieves: i emailed him about getting the source
ThickAsThieves: so we'll see
pankkake: cool
pankkake: going to sleep, hopefully will be rich tomorrow
pankkake: "connections" : 26 that part is underwhelming
kakobrekla: i quit mining.
kakobrekla: most gets orphaned
Duffer1: pankkake coin?
assbot: [HAVELOCK] [MS] 10000 @ 0.005 = 50 BTC
pankkake: yeah :/
kakobrekla: someone do AltGrCoin
ozbot: [NEW] The REAL Altcoin
mircea_popescu: your shenanigans have been called.
ThickAsThieves: i replied
ThickAsThieves: All altcoins are altcoins, but only one altcoin is Altcoin.
kakobrekla: get a domain and put up the logo
Duffer1: i'm tellin yall, Hodor Coin is the next Bitcoin
pankkake: I like Hodor Coin
kakobrekla: what about Buttcoins, pegged to 1 buttcoin value
pankkake: that would be centralized!
pankkake: unless we have colored buttcoins?
Mats_cd03: rude
mircea_popescu: you put lipstick on a number of cocks, all different colors
mircea_popescu: and then you mine.
Mats_cd03: 'colored'
kakobrekla: rude was your daddy when he put it in your momma
Duffer1: hahah mp
mike_c: talk about growth hacking. 20 btc into 1800.
mike_c: that's some good marketing stats.
mircea_popescu: fwiw, i don't believe they are in fact marketing stats.
mike_c: what are they?
mircea_popescu: what i mean is : wall street "experts" love to take a fee if the fund does well.
mircea_popescu: statistically, the fund will do well sometime.
mircea_popescu: they have nothing to do with it.
mircea_popescu: similarly here : if you throw money around at some point good things may happen. just because marketeers imagine they have a monopoly on money beng thrown around
mircea_popescu: doesn't give them license to imagine good things happening are a marketing event
mike_c: so you're saying you weren't sure it would work, so you shouldn't get full credit.
mircea_popescu: just as well i could believe it's a sign from god and go into the church.
mike_c: but still, a nice move!
mircea_popescu: believe it or not, i'm saying the entire marketing consideration didn't even enter into it.
mike_c: you don't know how to take credit for good luck do you? what kind of ceo are you?
mircea_popescu: i'm an owner-ceo.
mircea_popescu: incredible, huh ?
ThickAsThieves: website will be up in a bit
mircea_popescu: why is it down! scam!
ThickAsThieves: omg this namecheap interface...
mircea_popescu: lol I PREDICTED
pankkake: management interface looks the same
pankkake: it's like 2000s ugly admin surrounded by trendy 2010s css
mircea_popescu: i dunno how the fuck it would, i had to use mine with nocss.
ThickAsThieves: how the hell do i get ftp access or something
ThickAsThieves: i can find so many features
ThickAsThieves: just none i need
mircea_popescu: ahaha madpax ftw.
assbot: [MPEX] [S.MPOE] 11700 @ 0.00091307 = 10.6829 BTC [+] {2}
ThickAsThieves: this Hosting Dashboard has no hosting
mircea_popescu: we know you don't like hosting so we took your hosting out of the hosting dashboard.
ozbot: Cantina Market Mega Thread (Up vote for visibility, this is a self post I receive no karma) : DarkNe
mircea_popescu: more lulzy
mircea_popescu: it's incredible how stupid these people are individually. the aggregate boggles.
assbot: [HAVELOCK] [PETA] 3 @ 0.04999994 = 0.15 BTC [+]
Duffer1: wonder whatever happened to that kid that came in here trying to start his own silk road at his college
mircea_popescu: hopefully he got lazy and is now trying to shag this blonde teen.
mircea_popescu: anyway, this debacle really reminds me of the bitdaytrade thing
ozbot: Cantina Marketplace Was NOT Hacked : DarkNetMarkets
mircea_popescu: "It would be neat if a (formerly) decent darknet market were to release their source code under an open source license. Some platform to build your darknet market on would be nice, rather than starting from scratch."
mircea_popescu: because code = business. at least if you're a redditard.
mircea_popescu: "INSERT INTO users(username,password,PIN,account_type,UID,RegDate,BTC,Purse,btc_timestamp, About_me) VALUES ('" . $_POST["username"] . ", " . $_POST["password"] (...)"
mircea_popescu: check that shit out.
mircea_popescu: this is php syntax isn't it ? or does ruby use that $_post construct ?
kakobrekla: its php
mircea_popescu: "They chose "password1" as their admin password."
ozbot: Cantina Marketplace PWND: Admin Password was: “Password1″ ? | Deep Dot Web
mircea_popescu: I am the owner of RoadSilk and I would like to ask if its possible to change the status of our website on the marketplace list.
mircea_popescu: We are legit and we do everything to make it the most secure & safe marketplace ever.
mircea_popescu: I know, we are not looking very legit but if we get some help with popular sites like yours, then everyone will notice how legit we are.
mircea_popescu: Currently we advertise on pages like TORSEARCH.
mircea_popescu: URL: kbhpodhnfxl3clb4.onion
mircea_popescu: We offer high security and 100% NO-bitcoin lose.
mircea_popescu: ThickAsThieves do you even mine it /
ThickAsThieves: No I have vowed not to mine it
ThickAsThieves: But I will buy it
ThickAsThieves: i dont premine, ythink i'm some kinda scammer?
assbot: [HAVELOCK] [MS] 40 @ 0.005 = 0.2 BTC
mircea_popescu: actually it's probably better to buy it than o mine it.
mircea_popescu: seeing how buying costs the same, but also pumps it through the trade.
ThickAsThieves: another pm "May I ask what are your plans with this coin, are you gonna take it seriously ?"
ThickAsThieves: what does that even mean?
ThickAsThieves: What would my difference in behavior be if I were serious vs. not serious?
Duffer1: the coin wouldn't exist vs the coin does exist
mircea_popescu: it does matter.
mircea_popescu: in fact, from a game theory perspective, the total dollar value of your comittment sets his maximum comitment in turn
mircea_popescu: the discount rate of commitment is a market variable, roughly analoguous to the risk free rate in an economy
mircea_popescu: and jesus fuck i've spelled commitment each possible way
ThickAsThieves: So what if I post that I'll buy 10BTC worth when it lists on Cryptsy
mircea_popescu: i dunno, i'm guessing he may risk his 0.05 btc
mircea_popescu: if there's 200 of them it stabilizes
mircea_popescu: if there's 20k of them it explodes
mircea_popescu: im curious if you beat doge's estimated returns or not.
mircea_popescu: ie, whether you ever make 6 btc back, or if you make more.
ThickAsThieves: i'll need to pay someone to update the logo in the wallet once i get the source
ThickAsThieves: people didnt like the ugly blue one
ThickAsThieves: goes to show, spending 10 minutes on a logo is better than spending 4 minutes
kakobrekla: pankkake is your man, you can pay him in bernankecoin
ThickAsThieves: will Namecheap fuck me if i host the package?
ThickAsThieves: this thing is obv going viral
mircea_popescu: just get a vm somewhere, dns webhosting sucks in principle.
ThickAsThieves: You think a Lists Altcoin bet would pass the Halls of Judgement?
mircea_popescu: you zeroconfing the no ?
Duffer1: bet x on yes, pay vern x -10, profit
mircea_popescu: srsly. i mean cryptsy exists to list everything neh ?
mircea_popescu: "I have no idea man. The fucking admin has disappeared. All people thinking us fucking mods in on it and we had no idea. We have no access to anything at all. All we can do is ban users and delete forum posts. We also lost everything. Invested so fucking much. No job, no security, now in fucking huge debt all because of “honest” promise of pay. I stil have some kind of hope, but it’s running out fast. I really re
mircea_popescu: ally fucking hope this is just life problems for the admin team, but I have no idea. Thanks man for your support. This is a total fucking disaster though by the looks of it.
mircea_popescu: I’m so fucking sorry for everything I’ve said in the past. I got scammed just like every other fucking person. Scared for my fucking life now people trying to fucking dox us because they think we’re in on it. Fucked up man fucked up."
Duffer1: so.. bitdaytrade
Apocalyptic: not enough fucking
mircea_popescu: Duffer1 this is a diff one.
Duffer1: yea
kakobrekla: labcoin?
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