Show Idle (>14 d.) Chans
← 2014-02-07 | 2014-02-09 → ↓
BingoBoingo: Perlboy: Based on assbot.
Perlboy: punkman1, well, see we have been and multiple people came to different conclusions. :)
ozbot: BitBet - And Then There Was One
punkman1: who's this we
BingoBoingo: Different wee wees come in different sizes and abilities
chipug: lol
Namworld: The puts were sold into MPEx bids. Although the strikes were 4100-5000 USD per BTC, the price those PUTs were sold meant it was only at a small loss at time of sale. So if prices went up, profits, if price went down, losses.
Namworld: No bet about price going over 5000
Namworld: If price had went up, even if it didn't go to over 5000, the price the PUTs were sold would have been more than their execution value, so the seller would be in the money.
duduqa: gotta have some sleep, guys, have a nice weekend!
duduqa: bye bye
assbot: Last 1 lines bashed and pending review. (http://dpaste.com/1591949/plain/)
assbot: [HAVELOCK] [HMF] 5 @ 0.02829979 = 0.1415 BTC [-] {2}
punkman1: been nursing this bottle of wine tonight, makes me want to write
punkman1: but now I'm thinking about painting
chipug: so many headlines re fancy opening for sochi and very few about the hijacker that tried to get a plane to fly into it
punkman1: "He threatened to set off a bomb with a cellphone if his demands were not met, but the crew fooled him — and the other passengers — into thinking the plane had landed in Sochi when it was actually in Istanbu"
punkman1: cool
assbot: [HAVELOCK] [AM100] 20 @ 0.00527863 = 0.1056 BTC [+] {6}
assbot: [MPEX] [S.MPOE] 23864 @ 0.00086257 = 20.5844 BTC [-] {3}
assbot: [HAVELOCK] [SFI] 200 @ 0.000795 = 0.159 BTC [-]
assbot: [MPEX] [S.MPOE] 32350 @ 0.00086059 = 27.8401 BTC [-] {5}
assbot: [HAVELOCK] [SFI] 362 @ 0.00079 = 0.286 BTC [-]
assbot: [HAVELOCK] [HMF] 10 @ 0.02757051 = 0.2757 BTC [-] {4}
assbot: [HAVELOCK] [CBTC] 3328 @ 0.00013285 = 0.4421 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 20 @ 0.07341384 = 1.4683 BTC [+] {6}
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
assbot: [HAVELOCK] [B.SELL] 8 @ 0.13437496 = 1.075 BTC [+] {3}
assbot: [HAVELOCK] [NEOBEE] 138 @ 0.003082 = 0.4253 BTC [-]
assbot: [HAVELOCK] [SFI] 1000 @ 0.0008 = 0.8 BTC [+]
assbot: [HAVELOCK] [RENT] 110 @ 0.0055 = 0.605 BTC
assbot: [HAVELOCK] [RENT] 142 @ 0.0055 = 0.781 BTC
assbot: [HAVELOCK] [AM1] 2 @ 0.52 = 1.04 BTC [+] {2}
assbot: [HAVELOCK] [SFI] 169 @ 0.00078253 = 0.1322 BTC [-] {3}
benkay`: what's the grand total of rentalstarter sold?
assbot: [HAVELOCK] [NEOBEE] 66 @ 0.00300517 = 0.1983 BTC [-] {3}
stevokebar: im seeing 78534-69995=8539 sold
assbot: [HAVELOCK] [CBTC] 3000 @ 0.00013273 = 0.3982 BTC [-] {4}
assbot: [HAVELOCK] [RENT] 91 @ 0.0055 = 0.5005 BTC
assbot: [HAVELOCK] [AM1] 2 @ 0.53 = 1.06 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
kakobrekla: mornin
benkay`: hi kakobrekla. power and water ok?
KRS-One: .bait
KRS-One: Thats like my dreamgirl.
KRS-One: Almost.
KRS-One: .bait
KRS-One: .bait
KRS-One: .bait
KRS-One: da fuq..that one bitch is only half boobin it..
KRS-One: must be half-time.
KRS-One: must be half-time.
KRS-One: .bait
KRS-One: .bait
ozbot: Should i panic sell ?
jayk: .bait
kakobrekla: benkay` no :(
kakobrekla: cold water, no power.
assbot: [HAVELOCK] [DEALCO] 188 @ 0.00468475 = 0.8807 BTC [+] {5}
KRS-One: wtf kakobrekla
benkay`: how'd you manage to get online?
kakobrekla: power generator and a few ups
benkay`: fuel drops too?
kakobrekla: power generator and a few ups
kakobrekla: what do ya mean fuel drops
kakobrekla: fuel i can get
benkay`: as in someone drops it at your residence
assbot: [MPEX] [S.MPOE] 4328 @ 0.00086019 = 3.7229 BTC [-]
assbot: [MPEX] [S.MPOE] 12297 @ 0.00085962 = 10.5707 BTC [-]
assbot: [HAVELOCK] [PETA] 3 @ 0.04897963 = 0.1469 BTC [+] {3}
ozbot: Guest Post: Running Away From Reality | Zero Hedge
ozbot: Midnights Ravers - Le Triomphe du chaos - YouTube
Vexual: did you buy the godlike generator?
assbot: [MPEX] [S.MPOE] 10326 @ 0.00085962 = 8.8764 BTC [-] {2}
ozbot: Bob Marley - Midnight ravers - YouTube
assbot: [MPEX] [S.MPOE] 22274 @ 0.00085837 = 19.1193 BTC [-] {3}
Vexual: meowfung makes a mighty fine yanmar approximation
benkay`: ;;later tell mircea_popescu now for a tcp test harness. on one hand, 'yak shaving'. on the other hand, things worth doing are worth doing well.
gribble: The operation succeeded.
kakobrekla: no fuel drops
Vexual: best gif evar
herbijudlestoids: hullo lads
Vexual: i say it with a j out of respect for expert groups
Vexual: hey herbi
benkay`: i say it whichever way will least derail local conversation.
Vexual: i never say it out loud
benkay`: it's SO MUCH FUN to be technically correct in a room full of hipsters, and similarly great fun to say it the way the rest of the world does in a room of nerds.
benkay`: not.
benkay`: hey herbijudlestoids you're some sort of quant, correct?
herbijudlestoids: some sort, yea, why
assbot: [MPEX] [S.MPOE] 11300 @ 0.00086136 = 9.7334 BTC [+] {4}
benkay`: well you've stuck around for more than three days and might be worth getting to know ;)
benkay`: what with your charts etc
herbijudlestoids: full disclosure benkay, like i said to kako the other day, i got a regular day job in a small company doing large scale openstack ops and iv been trading (mostly EOD) since 2008
Vexual: brb
herbijudlestoids: i split my time pretty much equally between them, 9-5ish at the company and 6-~bedtime researching, reading news, etc and then i will place trades on NY close
benkay`: what's a small company doing hosting big virtualized operations?
herbijudlestoids: we are first to market in aus, basically
herbijudlestoids: small now, big soon ;)
benkay: virtualization as a service?
benkay: what are your prices?
herbijudlestoids: full IaaS stack
benkay: SHOW ME YOUR PRICE SHEEEEET
benkay: plz.
herbijudlestoids: we dont provide a public cloud benkay, we build the public cloud for companies that want it ;)
herbijudlestoids: this is the smallest company iv ever worked for, usually i work for large research organisations and unis building this kind of stuff
benkay: are you some sort of vine-swinging operations wizard or something?
benkay: i'll grill you about your biz all night, friend. i just hit a wall on this thing and ran out of brain at the exact same time.
herbijudlestoids: well, apparently...basically i was just a regular sysadmin who knew puppet, and one large org needed a guy who knew puppet...i ended up deploying the pilot and first production phase
herbijudlestoids: took off from there
herbijudlestoids: benkay: how do i get this PDF to you
benkay: benkay@gmail.com
benkay: i'm not precisely hiding from anyone, you see.
herbijudlestoids: might not be the latest ver but should be close to
benkay: nah its great
herbijudlestoids: we got offices in aus and india and starting one in sth america very very soon
benkay: best of luck, i'm sure you'll all do well for yourselves.
benkay: i'm mostly curious about how other web-tech consulting operations break out pricing
herbijudlestoids: that is the plan, weve had a few buyout offers already but have to keep pushing them back as we grow
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
herbijudlestoids: i just developed a piece of software in december and we are going to demo it to ...a very large linux org next week, they are creaming their pants whenever our CEO mentions it
herbijudlestoids: sooo...lets talk BTC mining ROI
benkay: no no no no
herbijudlestoids: because, for amusement sake i have been keeping track
assbot: Last 4 lines bashed and pending review. (http://dpaste.com/1592159/plain/)
herbijudlestoids: and last night i actually noticed there were miners for sale that were ROI more BTC than they were worth
herbijudlestoids: i found a 100GH/s 28nm miner selling for 0.83BTC
benkay: well i'm intrigued to hear what you have to say but i suspect the long and the short of it is going to be 'unless you get the hardware or juice at a discount the breakeven is never'
herbijudlestoids: well i was just curious about your guys opinions, since its the first time iv ever seen a mining rig for sale that was able to ROI since...since GPUs were the thing
benkay: probably worn in harder than a bike that's been to burning man 5 times with 3 different owners
herbijudlestoids: specifically, last night i saw on ebay, a prospero x-1 100GH/s for 650AUD when the BTC/AUD price was 780...
herbijudlestoids: now obviously small fry 100GH/s is nothing but i thought it was interesting
punkman1: could mine ATC with it
benkay: i suspect it's a dead box hashing.
herbijudlestoids: benkay: whats dead box hashing?
benkay: now there's a thought - downcycle worn-in BTC asics on the altchains...
benkay: ...
benkay: "dead man walking"
herbijudlestoids: ah, as in difficulty rising faster than expected will mean it cant ROI? i guess so, the calculation i used assumed 50% increase/month in difficulty
benkay: implying that the man in question simply doesn't know that he's dead yet.
benkay: no, implying it's on its last legs.
herbijudlestoids: but the machines only just came out?
benkay: is it new in box?
benkay: un touched?
benkay: never run out-of-spec?
punkman1: "Need a C++ coder to join "CryptoCoin Developers Inc.' agency for creating new bitcoin related start up's"
punkman1: these folks are multiplying
benkay: ah
benkay: well a) it's a pre-order
herbijudlestoids: nope, check the page
punkman1: says late-april
benkay: uh
benkay: Delivery Date -- This is a PRE-ORDER, now on Batch 2 Round 1, all further orders are available for dispatch Late April 2014.
herbijudlestoids: ahh mhmhmhmm
herbijudlestoids: there is a bit down the bottom where the guy says something about having 10 of them
herbijudlestoids: maybe i misread
assbot: [HAVELOCK] [CBTC] 1376 @ 0.00013418 = 0.1846 BTC [+] {2}
benkay: talk to kakobrekla he's had some luck mining and acquiring mining hardware
herbijudlestoids: hmm nah i guess that explains it, iv never seen mining hardware good for ROI before and i guess this isnt either
herbijudlestoids: just misread it
benkay: hey you guys you guys check out https://macys.com
benkay: macy's fucked up their cerrrrt
Vexual: who are you the fucking nanny?
Vexual: that just came out, im sorry
benkay: I am fucking the nanny!
Vexual: lol
herbijudlestoids: vex got into the vodka
benkay: baby doll doesn't even care terribly, and boy does she put out when she gets jealous
Vexual: yeah well bankays still not going near my kids
benkay: dude you do not have children
kakobrekla: you need balls for that
Vexual: ouchie
benkay: and we've all seen how you play chess
Vexual: indeed, its evident
ozbot: ICE/ISEE-3 to return to an Earth no longer capable of speaking to it | The Planetary Society
benkay: my partner recently went out for lunch with the gentleman who came up with Forth. he apparently cut his teeth hacking into satellites, implementing Forth with their op codes and then deploying better-than-launched-with flight control software.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.135 BTC [+]
Vexual: that shit is from way before you were getting newsgroups on a 1.44 or hooking your moms phone up to a 300 baud
jayk: hrh
benkay: thank you, captain obvious.
assbot: [HAVELOCK] [RENT] 10000 @ 0.0055 = 55 BTC
jayk: there was that strange sat transmission broadcasted over america...
jayk: on tv
jayk: it ran for 30-45 seconds i think
assbot: [HAVELOCK] [SFI] 9312 @ 0.0008447 = 7.8658 BTC [+] {23}
Vexual: yeah well ive been hit by lighning twice putting up anttenas
assbot: [HAVELOCK] [SFI] 688 @ 0.00087007 = 0.5986 BTC [+] {2}
herbijudlestoids: volatility on MPOE, http://imgur.com/MixUdTD ...otherwise known as "why intraday mean reversion is probably not safe"
benkay: ;;later tell asciilifeform http://www.greenarraychips.com/ the greenarray chips begin to approach your dream of computation fabric. they're obviously lacking in some important area, but i'll have to ask you about that later.
gribble: The operation succeeded.
jayk: On November 22, 1987, an unidentified man wearing a Max Headroom mask intercepted the signals of two television stations in Chicago.
benkay: how does this indicate imr to be unsafe?
jayk: i gues thats what i was thinking of
Vexual: that wasnt sat, that was 2 square miles of new jersy
jayk: yeah
jayk: i thought it was sat
herbijudlestoids: benkay: that vol spike would be very hard to handle as a trade
benkay: need more context. what is the index axis?
benkay: herbijudlestoids ^^
herbijudlestoids: its the 20 tick standard deviation of 20 tick log normal returns
herbijudlestoids: so each "index" point is one datapoint in that timeseries
assbot: [HAVELOCK] [B.MINE] 7 @ 0.07379869 = 0.5166 BTC [+]
assbot: [HAVELOCK] [PETA] 3 @ 0.04897966 = 0.1469 BTC [+]
benkay: i have no idea what twenty-tick standard deviation of twenty tick log normal returns means
benkay: would you be so kind as to explain a little?
Vexual: yeah dumb it down for me too
herbijudlestoids: benkay: ok a tick is a trade
benkay: yup
herbijudlestoids: benkay: so the 20 tick log normal return is ln(CurrentTickPrice/TwentyTicksAgoPrice)
benkay: ah
benkay: why not time-normalize?
Vexual: wheres the wazardry?
herbijudlestoids: and then i take the rolling standard deviation of that value over the last 20 ticks
benkay: okay, still with you.
Vexual: i dont belive in stats
herbijudlestoids: that plot is the rolling standard deviation over the ticks
herbijudlestoids: you dont "believe" in them? lol
Vexual: well.....
benkay: okay, so how do we get from that graph to "that vol spike would be very hard to handle as a trade"?
herbijudlestoids: "why not time normalised" because MPEX doesn't really seem to operate like a regular exchange in terms of time and also there is not really enough trades happening in any given hour/4h/day block to make a realistic OHLC bargraph
benkay: reasonable
Vexual: keyword
herbijudlestoids: benkay: intraday mean reversion is basically betting against whatever just happened. if the price went down, you bet its about to go up.
benkay: although i have no idea what an OHLC bargraph is
herbijudlestoids: "open high low close"
Vexual: what of 24 hour trading genius?
herbijudlestoids: like the charts you can see on mpex.co already, i just dont think theyre portraying useful info
benkay: hm
herbijudlestoids: Vexual: what of it? New York close/New Zealand open is the 24h close
benkay: that'd be you, right Vex?
Vexual: yeah im where daytraders make their money
ozbot: Calvin Harris - Acceptable in the 80's (With Lyrics) - YouTube
benkay: so the spike at 400 is a crazy swing in price 400 ticks ago?
herbijudlestoids: benkay: basically betting against whatever just happened is usually profitably when volatility is high and declining...if its low and increasing youre likely in trouble
herbijudlestoids: benkay: almost, the spike at 400 is a crazy swing in price at the 400th tick in the timeseries
benkay: mhm
benkay: just a month ago, bottomed out at like .69 iirc
benkay: 0.00063 according to my books
herbijudlestoids: im very rarely a daytrader. i trade almost entirely EOD and dont like to keep turnover as low as possible for tax considerations
benkay: ha 0.00062792 would be where i caught that knife
benkay: well trade btc assets! tax free for 2003!
benkay: this will impact some trading strategies for sure.
herbijudlestoids: i already went through this with kako
herbijudlestoids: if i cant repatriate profits its not very useful for me
benkay: you'll get btc out, right?
herbijudlestoids: if i take sell BTC to buy AUD i need to explain that to the tax office
benkay: and you *can* sell those btc for cash in hand, right?
benkay: only if it hits your bank, right?
herbijudlestoids: theoretically, but its not really convenient
Vexual: im your tax man for bc herbi
Vexual: its easy, but do it
benkay: ah convenience
herbijudlestoids: lets say i invest $100,000 into trading BTC assets like MPOE, and i make 10% in a year, am i supposed do $10k cash in hand?
benkay: well yes, one must always sacrifice convenience on the altar of security. be it security from rogue computers or security from rogue regimes...
Vexual: you pay when you buy aud
benkay: what, does 10k CIH make you uncomfortable?
benkay: do you not have the resources to pull it off?
ozbot: Bitcoin vs. Apple: Videos of Users Destroying Their iPhones Proliferate on YouTube | A Lightning War
benkay: and why do it all at once?
Vexual: well you pay in july
herbijudlestoids: benkay: how is it realistic? lets say i want to split that 10k across my other investments, its immediately back in the financial system
herbijudlestoids: and the tax office is suddenly asking where the discrepancy is from
benkay: chetty: refusing to embrace the future will be the death of many things. apple is on that list.
benkay: well dump it into 4x via bit4x for one
herbijudlestoids: i literally already had this exact convo with kakobrekla
Vexual: or buy a vex trust but its byolawyer now
benkay: your problem is not in repatriating btc into fiat.
benkay: that is not a problem any more.
benkay: forget about realizing your btc gains in fiat.
benkay: realize your gains in btc.
herbijudlestoids: its not about realising them
herbijudlestoids: its about balancing stuff across asset classes
benkay: maintain your fiat investments the way you normally od
benkay: do
Vexual: i can get you btc agro forestry and all the shit
benkay: hold btc and let it be your risk holding
herbijudlestoids: right, exactly, and now i have to manage two portfolios
benkay: you straddle two worlds.
benkay: they are antithetical to one another.
benkay: you cannot have your cake and eat it too.
herbijudlestoids: i can, and do, in physical gold :)
Vexual: lol
benkay: if you think like that you have much learning to do.
Vexual: i think herbi might teach you a few tricks too benkay
herbijudlestoids: benkay: think like what? that i can store surplus productivity in physical gold?
herbijudlestoids: Vexual: how are you doing that stuff without the ATO up your arse? or are you compliant?
benkay: that storing it in physical gold is preferrable to storing it in bitcoin.
Vexual: im not anything, ive got tricks, but my lawyers dont play anymore
Vexual: and tricks id poor grammar
Vexual: ato is cool with btc if you dont be a wanker
Vexual: nothing new
herbijudlestoids: exactly, if its treated like any other asset class then ceteris paribus trading in BTC has a higher cost base to me
herbijudlestoids: the only way i could reduce the cost base is by avoiding the tax
Vexual: yeah man, if yo make money, declare it
benkay: good night gents
benkay: enjoy your lifetime of servitude to the state
herbijudlestoids: the only profitable strategy i could think of is that i know the ATO has good treatment for options if theyre hedges to delta <0.3
herbijudlestoids: or something like that
herbijudlestoids: so you could long bitcoin
herbijudlestoids: and hold puts
herbijudlestoids: night benkay
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
herbijudlestoids: benkay: the way i figure is iv already missed the initial wealth transfer...so why bother? if BTC takes over, i will be able to sell my human capital in BTC just as i now sell it in AUD
herbijudlestoids: i dont plan on buying BTC until the volatility dies off, thought it might be doing so but the last week of action has proved me wrong
Vexual: yes bc works like money
Vexual: its like rmb in oz
Vexual: nooones gonna tell you yu cant trade, beut when its aussie dollars, you pay tax, simple
Vexual: who does your tax re forex shit?
herbijudlestoids: accountant
herbijudlestoids: i used to do it
Vexual: yeah 10-100k on trading needs a dude
Vexual: buy some farms and shit, oz aint too different to holland
Vexual: except you need to be productive here, there they just are
Vexual: im not an accountant
ozbot: Milow - Little in the Middle (Official Unplugged) - YouTube
herbijudlestoids: Vexual: i wanna see you in these pants http://www.youtube.com/watch?v=DohRa9lsx0Q
herbijudlestoids: (any of them)
Vexual: im all about the quality management and a chalenge
Vexual: twelfteen balkans listening to this conversation
Vexual: im hoping some will expatriate to australia
ozbot: PXE presents A placa de Ipanema feat. The Herd - YouTube
herbijudlestoids: so, i just calculated the 30 day ROC for bitcoin difficulty since the start of 2013
ozbot: imgur: the simple image sharer
herbijudlestoids: 20% was the lowest ROC i found
Vexual: roc?
herbijudlestoids: rate of change
punkman1: what's with the flat parts
herbijudlestoids: i.e. over any given 30 day window, 20% was the lowest amount difficulty grew and 100% was the largest amount
herbijudlestoids: punkman1: where the rate of change does not change for several datapoints (days)
herbijudlestoids: i think because the difficulty only updates on each new block, so there is flat parts in the timeseries
punkman1: diff updates every X days not every block
herbijudlestoids: right, there you go then
Vexual: did you get a machine with iview flash? new rake on sunday
herbijudlestoids: Vexual: no :'(
Vexual: 13 years in jail
herbijudlestoids: im using the absolute latest flashplayer
Vexual: u need a winez box
herbijudlestoids: sucks because i am a fucking iview whore
herbijudlestoids: anyway vex, what the f are you doing home on a sat night
Vexual: yeah i discovered your problem when i was wathxcing the last season of rake, my fave barrister
herbijudlestoids: not that i dont appreciate the company :P
Vexual: borrow your atlas and never give it back
Vexual: forgotten your name
Vexual: i dont leave the house, ive gt more social phobias than duffer and that other cunt put together
herbijudlestoids: fair enough, a bit of a hermit myself :)
Vexual: yeah not really
Vexual: id rather stay home but life happens
Vexual: tuff track
Vexual: i was trying to explain a spoonfull of cement to the people in the australian context
Vexual: im not here for a haircut
herbijudlestoids: so i was checking out bitcoin-otc last night
herbijudlestoids: interesting...lots of weird stuff listed for sale
herbijudlestoids: i was thinking it would be interesting to throw small increments of gold up as offers and see if any takers
Vexual: dont tell me about aussie gold unless its proper true
assbot: [HAVELOCK] [RENT] 100 @ 0.0055 = 0.55 BTC
Vexual: im gonna give you a fast track track on your track to enlightnement sans illegal drugs beacause you're so cool
herbijudlestoids: proper true 999 from the perth mint sort of gold :)
Vexual: http://www.youtube.com/watch?v=tFHkO3CqnjU you're already there, youe a surity here
ozbot: Bong-Ra 'Can You Dig It ?' - YouTube
herbijudlestoids: but i wondered if anyone would be interested cos postage costs from aus would be high
Vexual: sans bro sans
herbijudlestoids: haaha didnt you play this song the other night?
herbijudlestoids: sans? as in without?
Vexual: you read the logs
Vexual: yes without illegal drugs
herbijudlestoids: lol vex im having trouble understanding you
Vexual: you got a problem with grog?\
herbijudlestoids: im not a drinker, but no problem with it
Vexual: excellenty
Vexual: can you grep erowid?
herbijudlestoids: i got all of erowid and more stored in my brain :)
Vexual: see what i mean
herbijudlestoids: i was just listening to a diff public enemy song
herbijudlestoids: Vexual: saturday nights in -assets is hiphop night for the hermits lol
Vexual: ive still got a passport
herbijudlestoids: where is KRS-One
Vexual: strip club with his girly
Vexual: or in a v8
Vexual: both?
herbijudlestoids: on his way to the club in his v8 with the girl
Vexual: prbably
Vexual: hes al about the cubic inches
Vexual: and shit
ozbot: Ol' Dirty Bastard-Shimmy Shimmy Ya - YouTube
Vexual: what you nevetr put a padlock on anything? krs1 knows about security
ozbot: Subcarpati - Balada romanului - Video - YouTube
Vexual: 1 dont wanna spell it out but in youve got 9 computers and 12 hos hes you man
herbijudlestoids: im downloading donnie brasco
Vexual: is that like donnie darko?
Vexual: with the rabbit
Vexual: all the flange
Vexual: musica esta execellante
ozbot: Wax: "Rosana" (Official Music Video) - YouTube
Vexual: ^Krs1
herbijudlestoids: maybe i should go out and get drunk
Vexual: gow west are you?
herbijudlestoids: not at all? 2 stops on the train from central, could walk to newtown from here
Vexual: petersham?
herbijudlestoids: closer to the airport, but yea in the vicinity
Vexual: ug
herbijudlestoids: my mates live right near petersham stn and i have won the schnitzel challenge at the white cockatoo
Vexual: white cockatoo was where lawson drank
Vexual: i vomited vereywhere in the bank
herbijudlestoids: no shit about lawson? gonna look that up
Vexual: exiting politely with a spray like a skunk
herbijudlestoids: haha true!
herbijudlestoids: you swine, how do you know so much culture shit about inner west sydney
Vexual: keeep sucking dicks you motherfucking cuntz
Vexual: i just got out
herbijudlestoids: enjoy vex, behave
Vexual: ciao
Vexual: henry lawson is thje name you're looking for
herbijudlestoids: lol i know that im not completely uncultured
herbijudlestoids: i already looked it up and confirmed on the marrickville council website :D
Vexual: lol
Vexual: i thought you were wester than that
Vexual: theres bitcoin culture when you get to leichhhardt
ozbot: The Specials - Ghost Town - YouTube
Vexual: :D
ozbot: ODB - Baby, I got your money [*original uncencored video*] - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [-]
Vexual: pankkkaers ads just got weird
Vexual: ;; later tell mirceas_popescue yes i can provide i tx id if you wanna be a big ho
gribble: The operation succeeded.
ozbot: Girls in Hawaii - Not Dead - YouTube
ozbot: Nicki Minaj - Stupid Hoe (Explicit) - YouTube
kakobrekla: thats just horrible
Vexual: ::rate jurov inteligent and reasonable
assbot: [MPEX] [S.MPOE] 13214 @ 0.00085801 = 11.3377 BTC [-] {2}
jurov: thx, why so suddenly?
Vexual: rate the karaken intelligent an resasobablwe
jurov: u dunk?
Vexual: i kno wwhere youre from bro
kakobrekla: i think he is also deaf
jurov: urmom
Vexual: um not an idiot
Vexual: im just where youre not from
jurov: ok.. but srsly, y u no register in the wot?
Vexual: well if noone regs vex trommorow im getting it
jurov: :D
Vexual: you're nearly ,my gave giy i wanna know
Vexual: i can spell it with a 1
jurov: wat?
Vexual: yes i like you jurov, but its no tgay
Mats_cd03: I loled
jurov: why not gay? D:
Vexual: if i was a trolla id have had vex a month ago
Vexual: well i aint gonna suxk your dick but i love you more
jurov: actually i'm not so much into sucking, too. more like coddling
Mats_cd03: Can I get a rim job
jurov: see above
Vexual: jurov been in it for 20 years
Mats_cd03: Coddle my rim nigga
jurov: Mats_cd03 well, come around and we'll see what can be done
Vexual: careful wagt you wish for
jurov: you don't have any such wishes? happily married or having proper harem?
Vexual: me?
jurov: yes you
Vexual: i breathe morning keytones and feel sad
Vexual: aint no mystery
jurov: better have wishes gone bad than to stay sad
jurov: oh lol, it's cuddling, not coddling xD
Vexual: youre the first guy im giving points to on wot
Vexual: appears reasonable and intelligent'
Vexual: ill pay mp and acscii and nubs and great and blacksmith
ozbot: BBC News - Man travels 1,000 miles to claim bogus prize
Vexual: kako
Vexual: you're cool maximus
jurov: ;;bc,stats
gribble: Current Blocks: 284784 | Current Difficulty: 2.6214044530646152E9 | Next Difficulty At Block: 286271 | Next Difficulty In: 1487 blocks | Next Difficulty In About: 1 week, 1 day, 15 hours, 29 minutes, and 18 seconds | Next Difficulty Estimate: 3050544405.42 | Estimated Percent Change: 16.37061
jurov: .d
ozbot: 2621404453.06462 | Next Diff in 1487 blocks | Estimated Change: 15.5173% in 8d 17h 20m 35s
assbot: [HAVELOCK] [RENT] 23 @ 0.0055 = 0.1265 BTC {2}
kakobrekla: who cares, its too god damn high
jurov: just cuz bitbet
Vexual: yeah wqell i can't find my beer so i dont know shit
herbijudlestoids: you drank it, dingus
Vexual: waynos cvoolk ntoo
Vexual: that ainbt a thing, get real
Vexual: graets knws
ozbot: Everyone Nose (All The Girls Standing In The Line For The... - YouTube
Vexual: im not sayig it was you wayneo
Vexual: but you said it was be and all od assets knows that aint true
Vexual: i can't boot my system with perl
Vexual: i didnt even wanna go to that party
assbot: [HAVELOCK] [RENT] 27 @ 0.0055 = 0.1485 BTC
ozbot: German Court Says Registrars Are Responsible for Content on a Website | TheDomains.com
Vexual: i spend half my time injecting stem cells into getmans to give them a sense of humour
Vexual: it nevar works
ozbot: OutKast - Hey Ya - YouTube
Vexual: pankake , how come french ads are so coool?
Vexual: your fabric softener is called dash
Vexual: ice cold 3000
assbot: [HAVELOCK] [CBTC] 1379 @ 0.000138 = 0.1903 BTC [+]
assbot: [HAVELOCK] [DEALCO] 40 @ 0.004779 = 0.1912 BTC [+]
ozbot: Monkey Magic - YouTube
ozbot: [Zhang Jizhong] Journey to the West (2011) - Episode 3 - YouTube
cazalla: that's better, OG monkey is better than the remakes
Vexual: indeed cazalla, it is only life after all
cazalla: can't wait to show my son the series when he is a little older
Vexual: yes
Vexual: altthough judo i sireelevant nowadays
cazalla: i'll give him a rake so he can pretend to be pigsy in the backyard
Vexual: 'ha yes but the fish spirit is the real rake holder
assbot: [MPEX] [S.MPOE] 12100 @ 0.00085782 = 10.3796 BTC [-] {2}
Vexual: see do you undrtsand?
cazalla: poker?
Vexual: rake poo or clams?
cazalla: fish, rake, my mind went to poker, otherwise no
Vexual: mm yes
Vexual: will y you play hoplem?
cazalla: are you drunk?
Vexual: do you know my name?
Vexual: i dont steal
cazalla: not really, i don't get much opportunity to read the channel given new born i'm dealing with
Vexual: indeed
Vexual: congratulations
cazalla: past that, i just want sleep :\
cazalla: which i'm going for now, ttyl
Vexual: nicely nicely
ozbot: Ol' Dirty Bastard-Shimmy Shimmy Ya - YouTube
assbot: [MPEX] [S.MPOE] 6500 @ 0.00086087 = 5.5957 BTC [+]
Vexual: ::rate wayno unknown
Vexual: -1
Vexual: strange fruit
ozbot: Ol' Dirty Bastard-Brooklyn Zoo (Video) - YouTube
ozbot: Nicki Minaj - Stupid Hoe (Explicit) - YouTube
assbot: [MPEX] [S.MPOE] 11904 @ 0.00086395 = 10.2845 BTC [+]
kakobrekla: Vexual quit spamming
ozbot: #bitcoin-assets log
Vexual: fuck you i paid two milly for this shit
kakobrekla: your prepaid mills ran out
Vexual: whats the damage?
kakobrekla: broken ears
Vexual: di it
Vexual: ill do it coz i love your ears
Vexual: http://www.youtube.com/watch?v=gjKFCYzqq-A france just asjke me me if i like a ford fiesta
ozbot: Parliament Funkadelic - Bring The Funk - YouTube
Vexual: i do
Vexual: 1.0 l
Vexual: send me the bill
kakobrekla: must think of something you cant afford
Vexual: kraken ill be honest, i can pay quarterly, more than that, its a no gop
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
Vexual: ill keep your arse swingin
Vexual: +m wont suffice
Vexual: kick will
Vexual: yjis is a goat ttrack
ozbot: Jamiroquai - Cosmic Girl - YouTube
Vexual: please dont kivck me
Vexual: im emailing the pm
Vexual: nubbins gots goats shirt made already
ozbot: How To Uninstall McAfee Antivirus - YouTube
ozbot: John McAfee warning about the use of appliances for security breach purposes - YouTube
Vexual: raspi in a luchbox
ozbot: ODB - Baby, I got your money [*original uncencored video*] - YouTube
ozbot: Warren G - Regulate ft. Nate Dogg - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.13 BTC [-]
ozbot: Nicki Minaj - Starships (Explicit) - YouTube
assbot: [MPEX] [S.MPOE] 15596 @ 0.00086395 = 13.4742 BTC [+]
Vexual: ;; later tell mircea_popescue poke nikini minaj
gribble: The operation succeeded.
ozbot: Jungle Brothers "Because I Got It Like That" (album version) 1989 - YouTube
Vexual: slap i sonly for +m
ozbot: LCD Soundsystem - Daft Punk Is Playing At My House - YouTube
Vexual: nyc
Mats_cd03: Go to sleep, you're drunk
Vexual: later tell Luke-Jr I I knnow are about jesus than you
Vexual: ;;later tell Luke-Jr I I knnow are about jesus than you
gribble: The operation succeeded.
ozbot: Bliss n Eso - My Life (feat. Ceekay Jones) - Official Video Clip - YouTube
ozbot: LEE SCRATCH PERRY - DuB those crazy Baldheads [HD] Summerjam 2011 - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
ozbot: Lee 'Scratch' Perry - Interview - Tracks Arte TV - YouTube
ozbot: Junior Murvin - Police & Thieves (HQ) - YouTube
ozbot: Seeed - Papa Noah - YouTube
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
herbijudlestoids: still up vex?
Vexual: yah mon nya work pon the sabbath
herbijudlestoids: hows the weather
Vexual: verily stormy
herbijudlestoids: but still like 80 degrees?
herbijudlestoids: i love the tropics
Vexual: mee too i spend too much time here
ThickAsThieves: anyone read much on autonomous organizations?
ozbot: Cryptographic Code Obfuscation: Decentralized Autonomous Organizations Are About to Take a Huge Leap
ThickAsThieves: mike hearn speaks on it too
ThickAsThieves: there's a vid somewhere
herbijudlestoids: i read about it briefly but it went over my head
ThickAsThieves: i think because it's hot air
ThickAsThieves: the closest i've come to distilling why
ThickAsThieves: is i'm not sure you can have a real autononmous org without it also being spontaneous
ThickAsThieves: autonomous*
herbijudlestoids: whats the use case for the DAO?
ThickAsThieves: i'm also not clear how an autonomous entity would compete with real intelligent businesses
ThickAsThieves: the clearest case ive heard
ThickAsThieves: is a taxi service that runs itself
ThickAsThieves: self-driving cars
ThickAsThieves: that autoschedule repairs and upgrades
herbijudlestoids: ah ok hmmm
ThickAsThieves: and auto save profits
ThickAsThieves: to buy more cars
herbijudlestoids: so its gotta be businesses where theres lots of nodes and all the nodes are equal
herbijudlestoids: a flat graph
ThickAsThieves: i can envision their dream, i just cant see it surviving in a real world
Vexual: you want some more?
assbot: [HAVELOCK] [B.EXCH] 10 @ 0.19376446 = 1.9376 BTC [+]
Vexual: if you've borrowed my atals i want it back
herbijudlestoids: hmm interesting, the bitcoin wiki lists "keyhotee" "a DAC replacement for OpenID"
Vexual: apparenyly gpg is better than abitcoing signature
herbijudlestoids: i guess the -otc WoT is a "DAC"
herbijudlestoids: except the entire thing is stored on some server
herbijudlestoids: so not really
Vexual: i can understand why
Vexual: theres ten kinds ow fuckwits
ThickAsThieves: <herbijudlestoids> except the entire thing is stored on some server --- recently ive been preaching need for a decentralized wot
Vexual: motorcyles ride 30 secs apart here in qld now
ThickAsThieves: one that also can be made user-friendly
herbijudlestoids: ThickAsThieves: there is one on freenet
ThickAsThieves: doesnt sound uderfriendly
Vexual: you've changes your tune
ozbot: Katherine Bryan International Solo Flautist - YouTube
herbijudlestoids: ThickAsThieves: its not bad these days, but yea a little hard for most users cos they have to stop spammers so each identity has a "cost", you gotta fill out a page of 9 captchas or something like that
Vexual: my vorb doeth captchas
assbot: [HAVELOCK] [RENT] 100 @ 0.0055 = 0.55 BTC
ozbot: Web of Trust - Freenet Wiki
Vexual: im coming with a bot when i identify
Vexual: and 12 dogs
Vexual: 2 cats and a guinea pig
ThickAsThieves: why does freenet sound like a better tor, but everyone use tor?
Vexual: its slower than pankakke coding
herbijudlestoids: its completely different
herbijudlestoids: tor is a routing layer which has exit nodes
herbijudlestoids: i2p is a routing layer without
herbijudlestoids: freenet is a distributed datastore
herbijudlestoids: theres no "servers"
ThickAsThieves: so everyone stores part of everyone else's websites?
herbijudlestoids: essentially, yea. its not too different from a DHT
herbijudlestoids: its not just website, its arbitrary bytes
ThickAsThieves: i feel like there are a dozen bitcoiners probly trying to make this a la blockchain and dont know it already exists
herbijudlestoids: if you wanted a distributed WoT, i would recommend a DHT underlying whatever the existing one is
herbijudlestoids: yea i get that feeling as well
herbijudlestoids: mircea_popescu: thoughts on the freenet distributed WoT?
mircea_popescu: which one is this ?
ozbot: Web of Trust - Freenet Wiki
ThickAsThieves: what i want is basically like a openID or sign in with Facebook kinda thing but as a WoT
mircea_popescu: afaik nanotube was working on something like this since about 2012. is this his ?
mircea_popescu: then shrug.
mircea_popescu: people before tech.
herbijudlestoids: well maybe but i dun think so
mircea_popescu: (reason i hilited him is cause eventualy once he gets through the logs he can tell me lol)
Vexual: whos in awhat now?
herbijudlestoids: ThickAsThieves: seems like "invictus" is pushing keyhotee pretty hard for this, blockchain based
mircea_popescu: also, for the people following s.mg progress : working towards finally moving most of the thing into eclipse
ThickAsThieves: keyhotee will fail
ThickAsThieves: the name is horrible
mircea_popescu: o this is that ancient thing that never went nowhere
herbijudlestoids: sounds like there is some room there for something
Vexual: 1 am 12 cnad what is this?
ThickAsThieves: oh he also made bitshares
herbijudlestoids: but firstly, how do you convince people to adopt it?
ThickAsThieves: for "Many alt-companies with creative profit models."
ThickAsThieves: you wrap it into bitcoin services
ThickAsThieves: appify it, i dunno
herbijudlestoids: for example, if everyone in -otc continues to use the centralised version, because they dont want to lose their existing rep, then what
mircea_popescu: herbijudlestoids i will continue to use otc, because i do not use solutions of nobodies.
ozbot: Alby Mangels Adventure Bound THE WHOLE SERIES - YouTube
mircea_popescu: this is the end of any other attempt, full stop.
mircea_popescu: in order to become somebody you become somebody, the steps are laid out
mircea_popescu: THEN you go about making things.
herbijudlestoids: mircea_popescu: just in the hypothetical that a somebody made something good
mircea_popescu: this bs where 20something dork "comes up" with some sort of "revolutionary" thing and everyone cares is not unlike manga.
Vexual: cock mouth is always a risk
mircea_popescu: not only it never happens, it never should happen and by god im here to ensure it never does.
mircea_popescu: herbijudlestoids nobody definitely didn't make something good.
mircea_popescu: he made something that looks good to idiots.
mircea_popescu: i tell ye.
mircea_popescu: there's more to "good" than meets the eye
mircea_popescu: it's just that you're new here and haven't gone through the training process
herbijudlestoids: lets just say that you made a nice distributed WoT
mircea_popescu: you did not.
ThickAsThieves: you, not you
Vexual: say what?
mircea_popescu: ThickAsThieves lol.
herbijudlestoids: *you*, mp, not you as in the hypothetical you
mircea_popescu: but it's absurd, i don't code.
ThickAsThieves: maybe you paid some other somebody to do it
herbijudlestoids: godanget, i dunno, somebody who you dont think is a retard
mircea_popescu: the very proposition belies fundamental ignorance of the entire thing, which is why i object.
mircea_popescu: so you mean "someone in your wot"
herbijudlestoids: so lets say that make it and its good
herbijudlestoids: now how do you drive teh adoptionz
Vexual: mp is very adverse to starting with 0
mircea_popescu: that'd be something i can't explain to you.
herbijudlestoids: im too retarded?
mircea_popescu: but compare and contrast (by which i mean meditate upon) the alt coin with max keiser's alt coin and you'll perhaps you'll come to something.
mircea_popescu: herbijudlestoids no, it's not intelligence you lack, it's the experience that'd inform that intelligence.
Vexual: never too retarded, might have to reword the question
ThickAsThieves: well i was gonna say, why is driving adoption so integral to the goal
ThickAsThieves: make it because it's worth being made
mircea_popescu: ThickAsThieves because people today grow up in this echo chamber
mircea_popescu: "you guise think drugs are cool rite ? cause there's these bath salts here..."
herbijudlestoids: ThickAsThieves: well if the inertia of the existing system means nobody uses it, then it fails at its fundamental goal of being a distributed WoT that derives its value from having lots of credible ratings
Vexual: mcafee is cool, bathselts arent
assbot: [HAVELOCK] [B.EXCH] 16 @ 0.19376446 = 3.1002 BTC [+]
mircea_popescu: herbijudlestoids your fundamental presumption is that everyone is at all times in the position to make anything.
mircea_popescu: this is false.
ThickAsThieves: what if you let people port trust, and they get a note on their account
ThickAsThieves: Trust History from OTC WoT*
herbijudlestoids: ThickAsThieves: i was thinking of something like that, maybe you can model existing WoTs as nodes in the graph
mircea_popescu: the declaration of love that sunk cleopatra is not something every roman citizen could have made any time they felt like it.
ThickAsThieves: maybe our wot sipports wots
mircea_popescu: only cesar and antony, and only at proper times.
Vexual: mcaffee read erowid and pisssed something better
mircea_popescu: most of the possibility of the world is locked away from most people most of the time.
herbijudlestoids: ok well in that case its horizontally compatible and doesnt depend on any adoption, in fact would be quite useful in case for example catastrophe strikes the existing WoT server it might be stored on someone elses computer
mircea_popescu: i have a copy of the current wot. so can you
Vexual: im veetically inept
mircea_popescu: it uses the mpex "make your own backups if you're worried" model
ThickAsThieves: so it's a wot of wots then
Vexual: how does a cardano make mpex better?
ThickAsThieves: maybe each wot chain comes with it's own level of trust too
herbijudlestoids: mircea_popescu: do you just wget the viewratings.php?
mircea_popescu: Vexual i have no idea. the disadvantage of making tools for a reason rather than towards a purpose is that it's really up to the users to figure out how to wring all the utility out of them.
herbijudlestoids: ThickAsThieves: if each WoT is just a node in the graph it can be exactly so
mircea_popescu: linus really had no idea what linux is good for.
mircea_popescu: herbijudlestoids nono, look in the wiki there's a link to backups
herbijudlestoids: mircea_popescu: ah ok thx
herbijudlestoids: so you just cron those or somethin
mircea_popescu: within reason.
herbijudlestoids: mircea_popescu: ok so the existing server eats shit somehow, and you have your backup, someone wants to sell you 50 BTC and they screw you somehow, you want to let others know by giving that person a negative rating but you cant
herbijudlestoids: you have to fire up mpwot.com and convince people to use it
mircea_popescu: wait wait.
mircea_popescu: who says i'm trading without a wot ?
Vexual: i will
Vexual: is it a thing?
herbijudlestoids: so the wot goes down and liquidity vanishes?
mircea_popescu: liquidity in the periphery
herbijudlestoids: right, i guess you dont need the wot for everyone
mircea_popescu: this is how financial networks work : when standardisation goes down the periphery eats it.
herbijudlestoids: just people you dont already know
Vexual: soemone at emy sushi
mircea_popescu: which incidentally shows you a different path into why the periphery can not be the standardisation driver
mircea_popescu: which is exactly homologuous to what i said earlier.
Vexual: this can oly be good
herbijudlestoids: teehee you said homo
ThickAsThieves: so what youre saying is, the best way to model reputation systems, is like how they work IRL?!
Vexual: :)
Vexual: welsome to earth herbi
herbijudlestoids: anyone know if the existing WoT software is open source?
herbijudlestoids: sounds like all it needs is an extra piece of functionality, so each WoT node can talk to other WoT nodes
herbijudlestoids: and rate them
mircea_popescu: it has that already
mircea_popescu: write an irc bot.
mircea_popescu: talk to gribble.
Vexual: i really wanted to eat that
herbijudlestoids: so ThickAsThieves whats missing?
herbijudlestoids: sounds like functionality is there
mircea_popescu: nothing is missing lol
ThickAsThieves: as usual
herbijudlestoids: mircea_popescu: he was saying just before you came in that he wanted a distributedier WoT
mircea_popescu: what the fuck, are we stupid or something ? been using this thing for years, i promote it as the solution, something;'s missing ?
mircea_popescu: caus ewhy.
herbijudlestoids: i just assumed the functionality wasnt there
mircea_popescu: yeah well.
ThickAsThieves: so why dont i use wot to log into things?
mircea_popescu: because things suck.
Vexual: coz your house aint amart
mircea_popescu: takes all of five minutes to steal gribble id code.
mircea_popescu: meanwhile all the fuckwitted uk people who spend their time pretending to be women and pretending to be famous and important and into tech
Vexual: i wish i knew hwo at emy sushi
mircea_popescu: spend all their time making retarded websites encouraging little boys to waste their life similarly
herbijudlestoids: so really what you want, ThickAsThieves is a REST API
mircea_popescu: because then if there are many idiots in the same boat it wouldn't have been a waste.
herbijudlestoids: so that people can query whichever shits they want in web services?
mircea_popescu: and i think exactly the same of friedcat and co, too. when i say it's a sad story this is what i mean.
Vexual: theres noone here its proaby still there
ThickAsThieves: it may be time to ignore vexual
Vexual: bitch
herbijudlestoids: its saturday night here ThickAsThieves :)
mircea_popescu: that is vexual on the right there
Vexual: tat i wont hold it afainst you
ThickAsThieves: your language is foreign to me vex
herbijudlestoids: more specifically, its 1am on a sat night
ThickAsThieves: it's 9am here
Vexual: its also not melbourne time here herbi
herbijudlestoids: think im gonna chuck some food in the oven, bbs
Vexual: yeah tat, i put stem cells into germans with no effect
ThickAsThieves: youre gonna love this
ozbot: Bitcoin company offers stock denominated in bitcoin – Quartz
mircea_popescu: lol derp.
ThickAsThieves: from your friends at quartz!
mircea_popescu: actually from the same fuckwit
mircea_popescu: this is what we're reduced to : i tell him on twitter to get over himself, he's no longer in highschool
Vexual: people go back and read vex logs and come up with stuff like divesify
mircea_popescu: he proceeds to try and prove to the world that no, i am wrong. indeed he is in hs.
Vexual: ha?
Vexual: hs?
ThickAsThieves: high school
mircea_popescu: Vexual that place where the government pays for kids airs.
Vexual: oh, lik etokyo?
ThickAsThieves: "“Eventually Bitcoin Kinetics will become a Decentralized Autonomous Organization run completely by smart contracts, 3D printers & shipping centers, making it run on its own."
ThickAsThieves: Decentralized Autonomous Organization
ThickAsThieves: Decentralized Autonomous Organization
mircea_popescu: welcome to 2011, we needed glbse.
Vexual: ylang ylang
mircea_popescu: ThickAsThieves they mean "mpex" and don't know how to say it.
mircea_popescu: seeing how this has been going on for years already.
Vexual: apex and alc
ThickAsThieves: why did they just like, throw in 3D printers into that statement
herbijudlestoids: 3d printers
mircea_popescu: because words.
mircea_popescu: this is what the periphery does : words.
herbijudlestoids: ThickAsThieves: teh futyah
mircea_popescu: they wanna be just like nyc.
Vexual: lab
mircea_popescu: they can't be trusted with defining what being nyc actually means, but they can be trusted to implement a very broken, ridiculous version of what they heard it may be like.
ThickAsThieves: Xerox should take over 3d printer market while they can
ThickAsThieves: start selling as necessary to business
mircea_popescu: they can't.
mircea_popescu: the 3d printer market is composed of no market.
ThickAsThieves: but business!
Vexual: when thers a 3d pixma ill but iy
herbijudlestoids: seems quite useful for prosthetics and things like that
mircea_popescu: yeah but it's more the hopes and aspirations of a bunch of nuts and the creative effort of some geeks.
wao-ender: I think 3d printer market is already divided.
mircea_popescu: too meristem-y for business yet.
wao-ender: Bigger part is owned by Stratasys
Vexual: hp gave me herpes
ThickAsThieves: yknow it really would suit xerox though
mircea_popescu: wao-ender the trick in this discussion is the hidden axiom that "a bunch of people buying and selling isn't necessarily a market"
Vexual: pew pew pew
mircea_popescu: ThickAsThieves maybe, on the hardware part of things,
wao-ender: ah, I didnt read whole discuss, sry
mircea_popescu: but in general concepts pose the larger problem. if they did try to take it they may end up doing something idiotic
mircea_popescu: like i dunno, spending all their money on facebook ads.
ThickAsThieves: also xerox has spent a long time becoming a sales and repair company
mircea_popescu: cause of conceptual confusion engendered by the "market"
ThickAsThieves: new tech not so much
mircea_popescu: exactly.
Vexual: imagine being a xerox texh
mircea_popescu: cost more to explain to xerox employees wtf this is supposed to be than to just make a new xerox.
Vexual: treporno
ThickAsThieves: i was never a xerox tech, but something very close
Vexual: pool cleaner?
mircea_popescu: ahahahaha
ThickAsThieves: i did repair my own xerox on several occassions
ThickAsThieves: ESTAT machines
mircea_popescu: you should have ignored him when you could. now you're stuck
herbijudlestoids: whats that ThickAsThieves?
Vexual: i would fix the fuck outta those laser printers
mircea_popescu: ThickAsThieves their health monitor thing ?
ThickAsThieves: they are these large format printers that use static (sorta like a xerox) to pattern a coated paper
ThickAsThieves: the paper runs a few inches away from ink wells
ThickAsThieves: the ink sticks to the paper
ThickAsThieves: then you run the paper with fabric into a rolling heat press
ThickAsThieves: to dye sublimate
ThickAsThieves: the machines never run perfectly
ThickAsThieves: cuz humidity etc
ThickAsThieves: but the prints are quite nice
ThickAsThieves: i dont think they are in use anymore
ThickAsThieves: people use inkjets to same purpose
herbijudlestoids: watch out we got a fuckin printing nerd over here :P
herbijudlestoids: so what were you using it for ThickAsThieves? tshirts or banners or something?
mircea_popescu: nubbins is the same way.
ThickAsThieves: tension fabric structures
Vexual: tshirts
mircea_popescu: o wait. you're the guy that can make us the mesh dome anti-hypersonic-missile defense.
ThickAsThieves: it's where i learned that geometry was useful too
Vexual: big pecks
mircea_popescu: jesus. so i go check trilema awstats. i find out that TO THIS DAY my 2nd most read article is a 2012 romanian language guide for women as to how you suck cock.
Vexual: mp do you actually have a haerum, or is that a joke about the slaves email?
mircea_popescu: that thing is never going away. "mp ? what, bitcoin, whatever ? nah, this guy is famous because that one time he wrote a cocksucking guide"
mircea_popescu: Vexual i keep slaves.
Vexual: my brain
herbijudlestoids: well the target audience is slightly larger mp, between 50% of the romanian population who are potentially interested (+ gay guys) versus what...0.5% of global pop interested in bitcoin?
ThickAsThieves: i bet straight guys visit the page more than anyone
mircea_popescu: so then .5 * 20 / .005 * 10000
mircea_popescu: seems to me...
herbijudlestoids: maybe 0.5% is too much, thats 30 million people, you took me literally sir
mircea_popescu: well, if you model the same way it's 50% vs 100%
mircea_popescu: because all people are interested in bitcoin the way all women are interested in sucking it.
ThickAsThieves: "We have received positive reply from Havelock and an application form. Business plan is under development."
Vexual: i do some handy rope work
mircea_popescu: ThickAsThieves i guess that sums it up.
ThickAsThieves: IPO first, questions later
mircea_popescu: it's remarkable how little people understand of what they're actually saying.
mircea_popescu: it's almost as if they have no business training at all.
mircea_popescu: kramerica industries ftw!
ThickAsThieves: training, they havent left the house
Vexual: ill invert some braid like it was made like that
mircea_popescu: that's ambiguous. do you mean as in otaku or do you mean as in, still being underage.
herbijudlestoids: a solitary man with a messy apartment which may or may not contain a chicken
ThickAsThieves: i mean they havent done drugs and been in a porno
mircea_popescu: Vexual you know there's a lot of aussie chicks into being roped up.
mircea_popescu: ThickAsThieves ahahaha win.
Vexual: yeah they don't pay for good ropework
mircea_popescu: they could all call themselves buck naked
mircea_popescu: and then we could have buck naked does X obscure town in kanuckistan, volume 75984576985
herbijudlestoids: buck in kanuck
mircea_popescu: Vexual maybe they pay in kind.
Vexual: i mainly do boats
mircea_popescu: vexual's crochet yacht ?
ThickAsThieves: so blockr.io won't host an ATC block explorer, yet
mircea_popescu: (all new material) ?
mircea_popescu: ThickAsThieves says who ?
Vexual: yes, i can read japanese too
ThickAsThieves: the staff
ThickAsThieves: "I'm not familiar how coinmarketcap.com works but I was certain I'd find you there. Did you not request to be added there?
herbijudlestoids: ghmm, nope
ThickAsThieves: "Unfortunatelly that's almost all that we've done. And there's so much more we want to do with blockr. So we made a decision to stop adding new coins for some time."
Vexual: pictures and shit
ThickAsThieves: "We'll add new features to blockr and then we'll proceed with second phase of adding coins. Blockr is modular and ATC doesn't seem to be problematic to add. We'll make a public announcement when phase II starts."
mircea_popescu: ThickAsThieves sounds to me like you got support. give it a few.
Vexual: if you want the real alt you dont wanna be in every marketplace
ThickAsThieves: yeah no need to force it
ThickAsThieves: just putting it out there
ThickAsThieves: an explorer will be nice
Vexual: got a server?
ThickAsThieves: a couple
Vexual: i cant afford underpants
mircea_popescu: Perlboy bugpowder went and explained it to people on the forum ( https://bitcointalk.org/index.php?PHPSESSID=jvs9l9mqvr6d3hnql5bfs445b1&topic=449354.msg4959357#msg4959357 ) and it has been discussed here in public plus a bunch of kids with blogs wanted to "interview" me or w/e.
herbijudlestoids: Vexual: ill host your underpants
herbijudlestoids: ThickAsThieves: whats the link for altcoin again?
mircea_popescu: ThickAsThieves was blockchain.info os ?
ThickAsThieves: www.therealaltcoin.org
ThickAsThieves: the source is in the forum link
herbijudlestoids: open source
Perlboy: mircea_popescu, appreciate the answer so thanks. So in summary someone gambled the price would goto 4000->5000 by end of February?
ThickAsThieves: i doubt it
kakobrekla: tat blockr will add atc
mircea_popescu: Perlboy nah, it's a lot finer than that. basically gambled price will go up
Perlboy: cause that's the way bugpowders response read.
mircea_popescu: magically THE NEXT FUCKING DAY the price went down
mircea_popescu: Perlboy naked puts work like this : you make money by the price rising up to your strike. so in the 800-5k per interval, the puts slowly made money for the seller.
herbijudlestoids: Perlboy: i tried to explain it to nubbins yesterday (in depth) if you wanna look through the logs
mircea_popescu: obviously in the 0-800 interval they lose money.
ThickAsThieves: <kakobrekla> tat blockr will add atc --- you know them?
kakobrekla: ThickAsThieves , i talked to mah bois after you got dumped
Perlboy: herbijudlestoids, yep k, will grep
ozbot: #bitcoin-assets log
Perlboy: mircea_popescu, let me go log read rather than waste more of your time..
Vexual: tat you're doing it wrong
ThickAsThieves: i need to fire up my wot again, it's been a long time
mircea_popescu: someone needs to dig up mpoe-pr's old posts
mircea_popescu: she included graphs for womenz and other visual thinkers.
mircea_popescu: i think they help a lot, personally.
herbijudlestoids: mircea_popescu: you can just google short put to see the payoff graphs for it ;)
mircea_popescu: oh. yeah, in retrospect, she did graphs for the mining diff complex hedge thing, not for this.
ozbot: Lupe Fiasco - Kick Push (Video) (Album Version) - YouTube
Vexual: price it like hydro
Vexual: water
herbijudlestoids: ok foods ready, imma go back to my movie, hope the explanation doesnt burn your eyes Perlboy
Perlboy: herbijudlestoids, hehe, it did a little bit but i'll read it again tomorrow
Vexual: what u watching finserv?
Perlboy: for me i'm just trying to understand the instrument, definitely the most complex i've seen in btc space
assbot: [HAVELOCK] [AM1] 3 @ 0.52 = 1.56 BTC [-]
Vexual: which instrument?
herbijudlestoids: those short puts everyone is gibbering about
assbot: [HAVELOCK] [AM1] 1 @ 0.52 BTC [-]
Vexual: herbi what movie?
herbijudlestoids: donnie brasco
Perlboy: Vexual, assbot puts
Vexual: never herd that sentece before old man
ThickAsThieves: dat grid
ThickAsThieves: stare at it for a minute then try seeing
Vexual: who ate my sushi?
Vexual: i havent seen a human for a month
ThickAsThieves: are any of these altcoin exchanges from someone trustworthy?
Vexual: anyone got an ameail for belushi?
ThickAsThieves: ;;google belushi email address
gribble: The Jim Belushi Website: <http://www.jimbelushi.ws/>; Jim Belushi (JimBelushi) on Twitter: <https://twitter.com/JimBelushi>; Windy City Native Jim Belushi's Newest Role: Chicago Bears Fan In ...: <http://www.thepostgame.com/features/201309/windy-city-native-jim-belushis-newest-role-chicago-bears-fan>
Vexual: you need an atc btc exchange
kakobrekla: i had one coded
ThickAsThieves: yes, but i feel dirty telling people to go to these sites
Vexual: cant call it the altcoin zand hope for cryptsy
kakobrekla: if onle i could find sauce
ThickAsThieves: let's get listed on mcxnow so everyone can get robbed! no thanks
assbot: [HAVELOCK] [AM1] 10 @ 0.51603 = 5.1603 BTC [-] {9}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0705 = 0.141 BTC [+] {2}
Vexual: theyre taken the salami
ThickAsThieves: everywhere they go
assbot: [HAVELOCK] [AM1] 2 @ 0.516 = 1.032 BTC [-]
Vexual: im devestated
herbijudlestoids: lost yer beer again?
Vexual: noome ghost hoas been in my fridge and just left the cheeze
mircea_popescu: <ThickAsThieves> yes, but i feel dirty telling people to go to these sites << this is a problem.
mircea_popescu: tho, let them learn to otc.
Vexual: its nit even an internet fridge
mircea_popescu: not like everyone has to have alt nao.
ThickAsThieves: ;;gettrust Apocalyptc
gribble: WARNING: Currently not authenticated. Trust relationship from user ThickAsThieves to user Apocalyptc: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=ThickAsThieves&dest=Apocalyptc | WoT data: http://b-otc.com/vrd?nick=Apocalyptc | Rated since: never
ThickAsThieves: ;;gettrust Apocalyptic
gribble: Currently authenticated from hostmask Apocalyptic!~Apocalypt@unaffiliated/apocalyptic. Trust relationship from user ThickAsThieves to user Apocalyptic: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=ThickAsThieves&dest=Apocalyptic | WoT data: http://b-otc.com/vrd?nick=Apocalyptic | Rated since: Mon Jul 15 09:32:50 2013
assbot: [HAVELOCK] [B.MINE] 4 @ 0.07225 = 0.289 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.073 = 0.146 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
assbot: [MPEX] [S.NSA] 5000 @ 0.000107 = 0.535 BTC [-]
assbot: [MPEX] [S.NSA] 5000 @ 0.000107 = 0.535 BTC [-]
assbot: [HAVELOCK] [B.SELL] 10 @ 0.131 = 1.31 BTC [+] {3}
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [B.SELL] 2 @ 0.13 = 0.26 BTC [-]
assbot: [HAVELOCK] [B.MINE] 3 @ 0.06700001 = 0.201 BTC [-]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.131 BTC [+]
assbot: [HAVELOCK] [RENT] 50 @ 0.0055 = 0.275 BTC
ozbot: On periphery and the peripheral. Ephemerides are also mentioned. pe Trilema - Un blog de Mircea Pope
mircea_popescu: pretty much the earlier log, with ample commentary
mircea_popescu: herbijudlestoids gets it pretty bad :D
kakobrekla: give him some time, he is new
Duffer1: It’s just that you’re new here and haven’t gone through the training process.vi
Duffer1: >.<
Duffer1: better to learn before than after
kakobrekla: ah right, i commented just the comments havent read through
Duffer1: oh i was referring to the training process footnote hehe
assbot: [HAVELOCK] [AM1] 3 @ 0.51503333 = 1.5451 BTC [-] {3}
FabianB: ;;bc,stats
gribble: Current Blocks: 284821 | Current Difficulty: 2.6214044530646152E9 | Next Difficulty At Block: 286271 | Next Difficulty In: 1450 blocks | Next Difficulty In About: 1 week, 1 day, 3 hours, 30 minutes, and 20 seconds | Next Difficulty Estimate: 3056142038.47 | Estimated Percent Change: 16.58415
assbot: [HAVELOCK] [AM1] 1 @ 0.51000121 BTC [-]
assbot: [MPEX] [FT] [X.IDIFF.MAR] 60 @ 0.0030425 = 0.1826 BTC [-] {4}
herbijudlestoids: mircea_popescu: if that's me "getting it bad" then im happy to get it so, i prefer the discussion, or at the very minimum to be able to hear and consider new viewpoints
Duffer1: read footnote xiii
Duffer1: i would call that getting it bad
herbijudlestoids: lol im craig wood now?
herbijudlestoids: who is craig wood?
Duffer1: ciphermine/ciphertrade "ceo"
Duffer1: MtF trans
herbijudlestoids: ok...so whats that to do with me?
herbijudlestoids: that bit of the conversation was with ThickAsThieves?
Duffer1: oh i didn't mean to imply it did
Duffer1: just an example of someone that "got it bad"
Duffer1: does that make sense?
assbot: [HAVELOCK] [SFI] 249 @ 0.00086877 = 0.2163 BTC [+] {6}
herbijudlestoids: hehe i guess so. i feel like im getting what i want out of conversations (mostly) on this chan, so happy for it to be blogged or whatever
Duffer1: hang around. learn much. wow
assbot: [MPEX] [S.MPOE] 35400 @ 0.00085468 = 30.2557 BTC [-]
herbijudlestoids: Duffer1: i keep in contact with my ex boss...showed him some of the logs from this chan, he said and i quote "sounds like youve finally found some people who can keep you occupied"
Diablo-D3: oh snap, you got told
Duffer1: hehe
assbot: [HAVELOCK] [B.MINE] 3 @ 0.07033333 = 0.211 BTC [+] {2}
mircea_popescu: herbijudlestoids that's what sane people say.
herbijudlestoids: Diablo-D3: did i? lol i was in the conversation, was there a facet of me getting told that i missed
Diablo-D3: herbijudlestoids: you got told. pretty sure.
herbijudlestoids: haha ok, maybe i missed something
mircea_popescu: anyway. i love you all!
Diablo-D3: no you dont
kakobrekla: and you still want mp to take lsd
herbijudlestoids: the message i took away was that theres no real reason to change from the existing WoT, which i assumed wasnt distributed, because ThickAsThieves said he wanted a more distributedy WoT
herbijudlestoids: kakobrekla: well itd certainly make conversations about why people might try it a little easier
herbijudlestoids: but no i dont necessarily want him to try it, i dont have some kind of dogma where everyone should try drugs or whatever
asciilifeform: did someone actually explain how one might build a working 'distributed wot' or merely insisted that it must be done?
herbijudlestoids: yea, i was proposing some things before mircea_popescu showed up, his log only starts from there
herbijudlestoids: nothing especially genius
Diablo-D3: asciilifeform: the easy way is to just use pgp ;)
herbijudlestoids: asciilifeform: but it sounds like the existing WoT is already distributable
Diablo-D3: wotcoin
Diablo-D3: lulz
asciilifeform: distributable != distributed
mircea_popescu: asciilifeform it's not a trivial problem, a distributed wot.
Diablo-D3: actually, it kind of is a trivial problem
Diablo-D3: you're just stating the problem wrong
mircea_popescu: a trusted wot so far wins on practical grounds. not that i think it's a bad idea a proper distributed implementation should be made
asciilifeform: mircea_popescu: certainly not. which is why i was somewhat surprised to hear of it
mircea_popescu: in fact afaik that's what nanotube's been working on
mircea_popescu: the only thing is... it has to be done well, as opposed to just done so someone can go to conferences herpderping about 3d printed wots
asciilifeform: the 'trivial solution' would be, somewhat obviously: everybody pgp-signs all wot ops, and people simply mirror the results
asciilifeform: (anyone can download the history and re-tally the scores.)
asciilifeform: the wot as we have it now is perfectly sybil-able
asciilifeform: hence the precaution, explained to all newcomers, of ignoring absolute scores and looking at the 'who'
herbijudlestoids: asciilifeform: from what i understand the existing each "centralised" WoT can talk to other WoTs, and assign trust to them http://log.bitcoin-assets.com/?date=08-02-2014#490339
assbot: [MPEX] [S.MPOE] 1598 @ 0.00085468 = 1.3658 BTC [-]
mircea_popescu: yes, but, sy1's rating of sy2 does not carry my signature
mircea_popescu: and i wouldn't want to pgp sign it either
mircea_popescu: herbijudlestoids well, technically, they'd have to talk to it, but yes.
herbijudlestoids: they? it?
mircea_popescu: they = other wots ; it = this wot.
herbijudlestoids: thats the way im visualising it in my head now
herbijudlestoids: multiple connected "small worlds"
mircea_popescu: sounds like a winner, really.
herbijudlestoids: from what you said earlier, i assumed its possible already without any additoinal code
mircea_popescu: much better to have decentralised city-states run by one man
herbijudlestoids: did i misunderstand?
mircea_popescu: than to have either world empire run by one man or world bureaucracy
mircea_popescu: herbijudlestoids well, the aditional code would be they need to talk to gribble.
mircea_popescu: the code is already written tho.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12660001 BTC [-]
herbijudlestoids: right...so yea...
mircea_popescu: it's fargo two and they'll shoot it all in la...
herbijudlestoids: asciilifeform: so, yea? yea.
assbot: [HAVELOCK] [B.SELL] 1 @ 0.12500001 BTC [-]
herbijudlestoids: so gribble is officially the -otc bot right, not the -assets bot?
mircea_popescu: assbot is the assets bot run by kakobrekla.
mircea_popescu: gribble is the bitcoin bot, run by nanotube, who's been kind enough to add it here.
mircea_popescu: ozbot i think is scrat's ? or who run that ?
mircea_popescu: and mpexbot is run by smickles
assbot: dude, i run kakobrekla.
mircea_popescu: that too.
herbijudlestoids: but only gribble is the arbiter for WoT right? like gribble connects to same backend as -otc website?
mircea_popescu: it's a good interface because freenode is ddos resistent
mircea_popescu: and irc bots are really not that hard to talk to
ThickAsThieves: jezzz runs ozbot
herbijudlestoids: so lets say i want to run ozWoT, for cool oz kids like myself, and i clone the code off github (or wherever it lives) and setup my own gribblesque bot, users talking to my bot should be able to rate users through gribble and vice versa
mircea_popescu: vice versa i doubt
mircea_popescu: but i guess if you keep cloning the wot you may display more or less in sync results independently
assbot: [MPEX] [S.MPOE] 22500 @ 0.0008553 = 19.2443 BTC [+]
herbijudlestoids: so all the extra bots are periphery
mircea_popescu: course it's... "independently"
herbijudlestoids: so if the -otc WoT goes down, then users of my WoT can still rate other users in the same web, and interrogate the local cache of the -otc WoT, but they cant push ratings around the graph (outside the local WoT)
mircea_popescu: herbijudlestoids gribble will see an "ozwot" guy, and that "ozwot" guy will be rating people in wot
mircea_popescu: and wot users who actually wish to rate people in ozwot would talk to ozbot
herbijudlestoids: right right, ok so gribble can at best assign trust to the ozwot guy rather than individuals within
mircea_popescu: it wouldn't particularly assign trust to the gateway
mircea_popescu: no reason you want that, really, i know it's a gateway, woting it is meaningless.
mircea_popescu: (look at gribble's own rating, or
mircea_popescu: ;;gettrust paypal
gribble: WARNING: Currently not authenticated. Trust relationship from user mircea_popescu to user paypal: Level 1: 0, Level 2: -2 via 4 connections. Graph: http://b-otc.com/stg?source=mircea_popescu&dest=paypal | WoT data: http://b-otc.com/vrd?nick=paypal | Rated since: Sat Aug 25 19:56:10 2012
mircea_popescu: then once enough people actually want to rate someone in ozwot they'll keep bitching at nanotube who will eventually add a back flow.
herbijudlestoids: so users of ozwot can query both local and -otc wot members (and any others in the list i guess), but gribble users have to query two WoTs to get the same coverage
mircea_popescu: or else he won't, and if the people hate it enough wot will die out
mircea_popescu: all natural.
herbijudlestoids: yea, seems ok to me...
mircea_popescu: the only drawback is that it's not instantaneous, which makes it "unrevolutionary"
mircea_popescu: which in turn makes it great.
herbijudlestoids: i mean as a method of distributing the WoT
herbijudlestoids: i downloaded a chinese gangster movie but it has no subtitles :(
ThickAsThieves: pop in The Wall?
herbijudlestoids: i dont know cantonese or mandarin either :(
Duffer1: lol TaT
herbijudlestoids: mircea_popescu: hmmm though ok... "ozwot guy" cant rate users through gribble unless it has a rating...
ThickAsThieves: as far as the wot distribution problem, i think i have an idea, outside services that integrate with it
ThickAsThieves: like, a social media site
ThickAsThieves: some way to get interfaces and easy use
assbot: [HAVELOCK] [B.MINE] [PAID] 0.93429002 BTC to 974 shares, 95923 satoshi per share
herbijudlestoids: ThickAsThieves: so hax elgg to query gribble
herbijudlestoids: and then host that elgg
ThickAsThieves: asking the wrong guy
ThickAsThieves: people would probably eat up a wotbook right now, could even kill bitcointalk
ThickAsThieves: cuz community and being a part of something
Duffer1: that's quite an interesting idea
herbijudlestoids: the problem is do people in the wot want to "socialise"
herbijudlestoids: like if i bought some BTC off you one time and rated you, now youre in my wotbook feed?
ThickAsThieves: thats not the problem at all
assbot: [MPEX] [S.MPOE] 1900 @ 0.0008553 = 1.6251 BTC [+]
ThickAsThieves: so opposite
ThickAsThieves: this isnt about trying to get people who already use wot to use wot
herbijudlestoids: right now the WoT is based on business transactions, youre proposing something where people just build a social graph
ThickAsThieves: well, a reputation ledger
ThickAsThieves: an identity
herbijudlestoids: so, not wotbook then
ThickAsThieves: well depends which part of the idea you mean
herbijudlestoids: the existing WoT is a reputation ledger.
ThickAsThieves: wotbook was to help distibution
mircea_popescu: herbijudlestoids yes but all it needs is a 1
mircea_popescu: ThickAsThieves the drivers of btctalk are scamming and derping.
mircea_popescu: herbijudlestoids dude you highlighted me first!
herbijudlestoids: mircea_popescu: ah right, yep
assbot: [HAVELOCK] [NEOBEE] 48 @ 0.003081 = 0.1479 BTC [+]
mircea_popescu: #bitcoin-fargochannel
herbijudlestoids: ThickAsThieves: what im trying to say is, if the reputation ledge is built on the back of wotbook then its just a social graph.
herbijudlestoids: i vote my mate joe up because hes my mate joe!
mircea_popescu: herbijudlestoids you read mpoe-pr's post re wot and how to use it ?
herbijudlestoids: not because joe delivered 100 BTC to me successfully
mircea_popescu: sounds like btctalk alright.
herbijudlestoids: mircea_popescu: nope havent...i got a WoT account and messed with gribble on it already
ThickAsThieves: i vote my mate joe up because hes my mate joe! --- this person will get rep with people that value that
herbijudlestoids: ThickAsThieves: i think the reputation ledger has value specifically because its business transactions
ThickAsThieves: you cant start discerning between which ratings are meaningful or not yourself, thats the whole point of the damn system
mircea_popescu: there you go.
ozbot: Reputation system?
ThickAsThieves: solve the problems independently, as in
assbot: [HAVELOCK] [AM1] 4 @ 0.52995492 = 2.1198 BTC [+] {3}
ThickAsThieves: okay you wanna discern business trust from social trust?
ThickAsThieves: let people categorize
herbijudlestoids: just got this sms: NOTICE: your mobile no. has been singled out for a claim of 800,00GBP from Android Mobile UK contact us on androiduk@live.co.uk for more
herbijudlestoids: im gonna be rich, so long suckers!
Duffer1: isn't @live the microsoft system?
Duffer1: xbox etc..
mircea_popescu: nm that.
herbijudlestoids: Duffer1: also i live in australia and dont own an android mobile?
Duffer1: sounds legit
mircea_popescu: australia is part of the uk no ?
mircea_popescu: you got the queen and everything dontcha ?
mircea_popescu: so then.
herbijudlestoids: we still a commonwealth
mircea_popescu: that;s what they told you.
mircea_popescu: you're living in a dictatorship
herbijudlestoids: dont take it literally, its just what they call it
ThickAsThieves: https://nobs.is i made an account for the hell of it
ozbot: NOBS - Cryptocurrency Social Network - The Global Village
mircea_popescu: a self-perpetuating autocracy in which the working classes
ThickAsThieves: waiting for admin approval
herbijudlestoids: like Great Britain..is it really so great?
ThickAsThieves: only working site i found claiming to be social network for crypto
ThickAsThieves: whatever that means
mircea_popescu: dear channel, allow me to recount my sad story.
mircea_popescu: it is a story of hope, blogging and unbridled enthusiasm, in which I, a crookeyed optimist, tried to use my five year old heavily modified wordpress installation to post things.
mircea_popescu: part and parcel of this being showing the people tits. until one day!
mircea_popescu: for one day, when i went to add a new pair of tits, the "insert image" button simply redirected me to a random page of my blog
mircea_popescu: instead of taking me back to the publishing box with the pre-prepared html code referencing the image
mircea_popescu: and i was mighty sad
mircea_popescu: and i cursed
mircea_popescu: and swore
mircea_popescu: and made the poor unfortunate junior dev read my entire installantion, in spite of it not having been modified, to find wtf
mircea_popescu: and then made a junior sysadmin look through the logs
mircea_popescu: and they found nothing and i was livid with fury
mircea_popescu: and i broke a keyboard into pieces
mircea_popescu: because motherfucking god almighty if it works today and it doesn't work tomorrow i wish the world entire to burn.
mircea_popescu: and so they wrote me a thing to go around it.
mircea_popescu: a month later, i couldn't connect to my blog. like at all.
mircea_popescu: and i was in the middle of the posting.
mircea_popescu: which made me furious.
mircea_popescu: but then people were wtf are you about, i see it
mircea_popescu: and lo and behold! for i saw with mine owne eyes downforeveryone saying lelz at me
mircea_popescu: so then i screamed obscenities in a lengthy single breath of fifty eight minutes
mircea_popescu: and eventually we discovere dthe newly installed mod_security comes with rules now.
mircea_popescu: which rules block fucking wordpress from injecting itself with itself
mircea_popescu: which is how it works
mircea_popescu: also joomla
mircea_popescu: because security
mircea_popescu: and because updates
mircea_popescu: and because damn it all to hell WHAT IS THIS!
ThickAsThieves: so do you still use wordpress?
assbot: Last 60 lines bashed and pending review. (http://dpaste.com/1593008/plain/)
kakobrekla: !b 60
ThickAsThieves: kako you beat me!
mircea_popescu: kakobrekla you of course missed all the /me stuff, which is half the value here.
Duffer1: that was a pretty good bit
mircea_popescu: Duffer1 i made it up!
kakobrekla: yeah ill fix dat
herbijudlestoids: its like teh biblez
Duffer1: the /me stuff really brought it home
kakobrekla: sathaph alrady
herbijudlestoids: this channel is as bad for my sleep habits as GTA5 was
herbijudlestoids: even vex has gone to bed
mircea_popescu: yes but vex drinks
herbijudlestoids: yea alright, this is it. goodnight gentlemenz and womanz
mircea_popescu: if you had that experience you'd sleep better.
assbot: [MPEX] [S.MPOE] 1230 @ 0.00085771 = 1.055 BTC [+]
pankkake: "I think this coin really needs an official exchange rate"
mircea_popescu: say "no because unlike the others this is decentralised"
BingoBoingo: Apparently after I bought Altcoins at 150, the next buyer went at 180. Looks like Altcoin is growing up into a real, bubbly Altcoin.
mircea_popescu: wait so i could sell for a profeet ?
ThickAsThieves: nobody likes a skinny Santa
pankkake: I hope so, I mined it to become rich
mircea_popescu: i didn't mine it but i bought some to be cool
BingoBoingo: mircea_popescu: Prolly. So far the big liquidity providers are all selling though.
mircea_popescu: also to stick it to ThickAsThieves who doesn't have any
mircea_popescu: ThickAsThieves you wish you took max keiser's advice and bought it when it was 80 don't you now!
BingoBoingo: If the Dogers push it past 1000 satoshis per I might part with my 31337
ThickAsThieves: no one will sell to me
mircea_popescu: BingoBoingo weren't they freefalling from 200 ?
ThickAsThieves: even before you
kakobrekla: where are you pulling these numbers from
mircea_popescu: ThickAsThieves maybe if you put a shoe on head ?
mircea_popescu: kakobrekla i have a rng.
BingoBoingo: mircea_popescu: Doge seems to be. If they can get the joke though the Doge users might start pumping Altcoin though.
mircea_popescu: BingoBoingo i always thought what ThickAsThieves was trying to accomplish with those coelho quotes is make it sound esl enough for the doge crowd.
kakobrekla: doesnt seem so random to me!
mircea_popescu: and slander.
mircea_popescu: eh go make an ice cube
mircea_popescu: slovenia's new export industry.
kakobrekla: i dont need to make those, they come out when i turn on the shower
BingoBoingo: mircea_popescu: So do I. Dogers are probably waiting for some sort of exchange-ish thing because grepping WoT and OTC is hard for them, because reading
mircea_popescu: wait, all slovene women had to wash in cold water after sex these past weeks ?
mircea_popescu: the whole... what was it, 19 of them ?
assbot: [HAVELOCK] [CBTC] 19913 @ 0.0001465 = 2.9173 BTC [+] {11}
kakobrekla: yes, 18 now after recount
mircea_popescu: speaking of which, wouldn't it be cool to live in one of these so called countries in europe or w/e ? when they have like 50 women total
ThickAsThieves: one was named Kate?
mircea_popescu: and you don't need to ask anyone her phone number, cause they give them consecutive numbers
mircea_popescu: so you just bruteforce it, dial girl01-girl50
mircea_popescu: till you find her.
mircea_popescu: ok ppl stop dialing girlxxx
mircea_popescu: it was a joke ok ?
mircea_popescu: jesus what if it works for srs.
ozbot: <xabbix> MagicalTux the only viable option for you guys to keep customers after - Pastebin.com
kakobrekla: dafuq
assbot: [HAVELOCK] [RENT] 91 @ 0.0055 = 0.5005 BTC
kakobrekla: something is not right
kakobrekla: dunno whaves nvm
kakobrekla: nsa prolly
mircea_popescu: self ownage more like it amirite
kakobrekla: whats with you picking on the little people
mircea_popescu: you weren't supposed to notice that
mircea_popescu: i was wearing the juice!
mircea_popescu: lol good for him
mircea_popescu: one of the better paintings of the renaissance. all those people going "and what is THIS supposed to be then!"
mircea_popescu: herbijudlestoids:now obviously small fry 100GH/s is nothing but i thought it was interesting << no, it's not interesting. the reason is the problem of herding cats.
mircea_popescu: specifically, a farm made out of 5000 individual computers all different would cost more to run than to burn down
mircea_popescu: just so with a patchwork of miners, god help you if you imagine you can buy random odds and ends off ebay at a nominal profit
mircea_popescu: you'll never be able to squeeze it out operationally.
assbot: [HAVELOCK] [DEALCO] 200 @ 0.00469 = 0.938 BTC [-]
mircea_popescu: benkay: baby doll doesn't even care terribly, and boy does she put out when she gets jealous << now you gotta photodocument this.
assbot: [HAVELOCK] [KCIM] [PAID] 2.17250000 BTC to 86`900 shares, 2500 satoshi per share
mircea_popescu: herbijudlestoids: like the charts you can see on mpex.co already, i just dont think theyre portraying useful info << me either. what's one to do, no pics at all ?!
assbot: [HAVELOCK] [B.SELL] 3 @ 0.127 = 0.381 BTC [+] {3}
mircea_popescu: herbijudlestoids: 20% was the lowest ROC i found << unless you normalized to some absurd time interval (month ?) 20% is not the lowest.
mircea_popescu: the natural time interval for btc is "two weeks" aka 2096 blocks. and there have been eve ndrops.
mircea_popescu: there was also a 400% and some 3xxish%
assbot: [HAVELOCK] [DEALCO] 52 @ 0.00469 = 0.2439 BTC [-]
assbot: [HAVELOCK] [RENT] 35 @ 0.0055 = 0.1925 BTC
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0705 = 0.141 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 6 @ 0.07198332 = 0.4319 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 6 @ 0.07199999 = 0.432 BTC [+] {2}
assbot: [HAVELOCK] [B.SELL] 2 @ 0.125 = 0.25 BTC [-] {2}
assbot: [HAVELOCK] [B.MINE] 4 @ 0.07275 = 0.291 BTC [+] {2}
mod6: ;;view
gribble: #19517 Fri Feb 7 20:10:59 2014 mod6 BUY 100000.0 ATC @ 1.5e-06 BTC (Want to buy 100,000 ATC for a total of 0.15 BTC, must have WoT rating. PM me.)
mod6: hit me up if you want to do a trade for a smaller amt too.
mod6: we can make a deal.
assbot: [HAVELOCK] [COG] 5 @ 0.04899998 = 0.245 BTC [+] {3}
assbot: [HAVELOCK] [CBTC] 2973 @ 0.00014516 = 0.4316 BTC [-] {4}
assbot: [HAVELOCK] [RENT] 24 @ 0.0055 = 0.132 BTC
benkay: good morning
jurov: hi
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
assbot: [HAVELOCK] [B.EXCH] 3 @ 0.19376446 = 0.5813 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 198 @ 0.003081 = 0.61 BTC [-]
assbot: [MPEX] [S.MPOE] 13201 @ 0.00085708 = 11.3143 BTC [-] {2}
ozbot: Toddlers boxing match gets nasty - YouTube
deadweasel: need to bring this back, asap,, for the children
assbot: [HAVELOCK] [PETA] 5 @ 0.04897964 = 0.2449 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 44 @ 0.0030825 = 0.1356 BTC [+]
assbot: [HAVELOCK] [AM1] 7 @ 0.52999999 = 3.71 BTC [+] {5}
assbot: [HAVELOCK] [AM100] 71 @ 0.00531689 = 0.3775 BTC [+] {10}
assbot: [HAVELOCK] [HIF] 498 @ 0.000463 = 0.2306 BTC [+]
assbot: [HAVELOCK] [NEOBEE] 36 @ 0.0030825 = 0.111 BTC [+]
assbot: [MPEX] [S.MPOE] 17250 @ 0.00085771 = 14.7955 BTC [+]
assbot: [HAVELOCK] [B.SELL] 7 @ 0.125 = 0.875 BTC [-]
benkay: you know what's hilarious? biking on six inches of snow is hilarious.
assbot: [HAVELOCK] [B.EXCH] 19 @ 0.19376446 = 3.6815 BTC [+]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.121 BTC [-]
assbot: [HAVELOCK] [B.MINE] 3 @ 0.06890001 = 0.2067 BTC [-]
assbot: [HAVELOCK] [B.MINE] 10 @ 0.07235 = 0.7235 BTC [+] {4}
nubbins`: ;;bc,xag
gribble: 1 XAG = 20.020000000000 USD = 0.0300555472151 BTC
nubbins`: ;;bc,xau
gribble: 1 XAU = 1268.100000000000 USD = 1.90376820297 BTC
FabianB: ;;ticker --market all
gribble: MtGox BTCUSD last: 675.99997, vol: 20519.85822884 | Bitstamp BTCUSD last: 709.98, vol: 10021.29115479 | BTC-E BTCUSD last: 711.0, vol: 9863.89301 | Bitfinex BTCUSD last: 708.5, vol: 6743.9665196 | CampBX BTCUSD last: 726.0, vol: 0 | BTCChina BTCUSD last: 750.797945, vol: 6516.39000000 | Volume-weighted last average: 701.945034121
benkay: coins on sale, coins on sale
mircea_popescu: actually it went up a lot
mircea_popescu: wasn't it 500ish ?
benkay: no idea, i don't watch the price
nubbins`: bitcoinity bottoms out around 660
benkay: my sample rate is like 1/week
mircea_popescu: benkay im about the same way
nubbins`: yeah, same here, if that
nubbins`: there comes a point where it doesn't really matter what the price is
punkman1: chinese exchanges seem stuck around $750, http://btckan.com/price
mircea_popescu: punkman1 i still don't know which are at all trustable.
benkay: that'd be the difference between an investor and a trader.
nubbins`: benkay, nod
punkman1: mircea_popescu: we need some chinese dudes
nubbins`: actually
nubbins`: which of those two cares about the price?
mircea_popescu: punkman1 indeed.
mircea_popescu: or at least someone with a weird name.
benkay: i'm thinking sample frequency as indicator, nubbins`
nubbins`: a-ha.
nubbins`: yes, sure
FabianB: davout is the only one in this chan which kinda represents a fiat-btc exchange, no?
benkay: don't think there's much 'kinda' about davout's operation.
mircea_popescu: wasn't kakobrekla running that btcstamp or w/e, slovenian exchange ?
mircea_popescu: lol someone's watching the logs
mircea_popescu: FabianB you were fluent in mandarin iirc /
jurov: interesting leak mircea...so nejc and the other dude are just white horses?
FabianB: benkay: with kinda i didn't mean the exchange itself, just dunno if ceo or whatever role
jurov: and kako rund bitstamp?
mircea_popescu: jurov shit i gave the jig away ?
davout: mircea_popescu: pure randomness
FabianB: mircea_popescu: no, i wish, i only know some basics
davout: where is your cardano now?
pankkake: jurov: yes, thus his 500 BTC car
mircea_popescu: he also runs an icecube factory.
nubbins`: rng based on davout's joins/parts
nubbins`: you know, vexual would make a pretty good meat-based rng
mircea_popescu: just hash what he says ?
pankkake: what he says is made of hash
mircea_popescu: thus therefore, infinite entropy.
jurov: what if it's actually the other way around?
jurov: he's saving stuff in the logs
nubbins`: this bears further consideration
assbot: [HAVELOCK] [CBTC] 5000 @ 0.00015499 = 0.775 BTC [+] {3}
mircea_popescu: nubbins off to further considerate.
nubbins`: once in korea when hiking in the mountains i stumbled across a small park with 2.5m diameter hula hoops
nubbins`: made out of curved 3" pvc pipe
nubbins`: brutal on your abs, fun tho
nubbins`: not as fun as mixing metric and imperial units, but hey
mircea_popescu: davout you need better dice than that.
nubbins`: i'm a product of my upbringing
jurov: and now mircea's pics are suspect, too :D
mircea_popescu: just by looking at them i can tell you they're at least 0.1% off
nubbins`: yeah
nubbins`: sorry state of affairs, those pips
davout: mircea_popescu: no more robocop movies for you
jurov: wut? you roll them million times and derive a secret key from the differences from mean?
mircea_popescu: http://i.imgur.com/gRxnT6j.jpg <<< this, for the record, is an actual living creature.
mircea_popescu: they just look like that.
nubbins`: haha yeah!
davout: such antennas, wow
nubbins`: i saw those guys in an attenborough-narrated doc once
nubbins`: always looking happy can be a curse tho, look at dolphins
jurov: http://ponzi.io/ IPO upcoming
mircea_popescu: jurov there's a variety of available attacks if the rng is badly biased.
jurov: even better if it is provably fair
nubbins`: so the opening ceremonies were quite the spectacle
nubbins`: pretty heavy on the russian beat-off tho
mircea_popescu: who opened ?
nubbins`: olympics
mircea_popescu: o o that.
nubbins`: we drank and counted the number of families that were condemned to death by their relatives fucking up their parts in the ceremony
nubbins`: "the olympic rings"
jurov: you know the responsible dude was found dead already?
nubbins`: no, srs?
nubbins`: parody news
jurov: oh my..i fell for it :/
nubbins`: currant vs current
nubbins`: it was easier when it was just the onion
nubbins`: team from bermuda (1 athlete, good for him!) wore red shorts for their uniform. outdoor stadium in russia in february.
nubbins`: there were no smiles
Duffer1: brilliant
nubbins`: i'm sure they thought so too when planning it
nubbins`: i'm picturing the canadian team showing up in snowsuits for the next summer olympics
assbot: [HAVELOCK] [AM100] 23 @ 0.00543011 = 0.1249 BTC [+] {4}
B007: mircea_popescu: Do you hold in BTC or Fiat money?
mircea_popescu: do i hold what.
B007: money
B007: right?
B007: so....
mircea_popescu: therefore.
nubbins`: he asked just in case you wondered whether he held his cock in btc or fiat
B007: my cock? I don't hold my cock
B007: someone else does
mircea_popescu: and they thought surrealism was a 1920s thing. ha! i say.
assbot: [HAVELOCK] [B.MINE] 2 @ 0.073 = 0.146 BTC [+]
lewicki: it is, after all, hard to get it into your own mouth without some help.
nubbins`: all things are cyclical, some cycles take longer than others
nubbins`: lewicki, try yoga
B007: I think I just walked into an exclusive club
nubbins`: you know, i honestly wonder sometimes when people give me carte blanche for designing shirts for their band
B007: And I'm ugly
nubbins`: B007, it's irc, everyone is ugly
mircea_popescu: B007 it's not that exclusive, but you gotta ask questions that can be answered.
nubbins`: honestly, i'm waiting for the day when i show someone a concept and they just ask me what my fucking problem is before walking away
B007: I see some might consider what I asked to be stupid
nubbins`: mildly confused every time it doesn't happen
B007: but you can't buy much with BTC
mircea_popescu: no, it just didn't make any sense.
nubbins`: B007, what do you want to buy with btc that you can't?
Duffer1: you can buy a lambo with btc
B007: really?
B007: I wonder how the creater feels about all this
B007: the creater of Bitcoin I mean
Duffer1: it's money you can buy stuff with it
B007: but is it safer than traditionally fiat?
B007: which doesn't flucuate as much
punkman1: eggs + 1 basket = tears
B007: true
B007: mircea_popescu: I think you have a bunch of 14 yr nude selfies now
mircea_popescu: what's "safer" mean.
B007: more secure
mircea_popescu: and secure means safer ?
B007: sometimes
punkman1: "Dangers are sum like a kold bath, very dangerous while you stand stripped on the bank, but often not only harmless, but invigorating, if you pitch into them."
mircea_popescu: punkman1 is this from a new ipo ?
B007: lol
punkman1: sure why not, everything else is IPOing
punkman1: I'm gonna IPO this old book
mircea_popescu: ceci n'est pas une IalB
Duffer1: for us proles volatility is a threat atm, whether its more a threat than inflation is your choice, all eggs in one basket = bad
assbot: [HAVELOCK] [NEOBEE] 45 @ 0.00300605 = 0.1353 BTC [-] {2}
mircea_popescu: and by choice you really mean call
punkman1: what's an IalB?
ozbot: Goat: A Sordid Story of Stupid and Scam
mircea_popescu: look at that, alliteration!
mircea_popescu: punkman1 introduction a la bourse.
assbot: [HAVELOCK] [CBTC] 1503 @ 0.00015349 = 0.2307 BTC [-] {2}
benkay: ya well not all americans are entirely uneducated
B007: I am an American and am entirely uneducated. Point Proved?
punkman1: very proved
benkay: such point
assbot: [HAVELOCK] [CBTC] 2751 @ 0.00014677 = 0.4038 BTC [-] {6}
the20year1: how do you define education?
the20year1: Dollars spent on college?
B007: no
assbot: [HAVELOCK] [CBTC] 3318 @ 0.00014544 = 0.4826 BTC [-] {2}
ozbot: BitBet - BFL will ship before ActiveMining
mircea_popescu: Duffer1 nobody bet lmao
Duffer1: there's no way to reasonably guess who will win, i don't think that bet will see much action :P
B007: Education is having the abilty to learn
mircea_popescu: benkay "my everlasting shame. Our code is available here:"
mircea_popescu: no code then ?
benkay: wat?
Duffer1: i got water on my keyboard "Cripple Fight!"
mircea_popescu: benkay grep yer blog!
benkay: dorp
B007: ctrl -f
benkay: how'd that get published!?
ozbot: imgur: the simple image sharer
nubbins`: thoughts, comments, criticisms?
nubbins`: benkay, anything can get published, trust me
mircea_popescu: nubbins` he's the editor.
nubbins`: ah. aha.
nubbins`: consider my comment revoked
mircea_popescu: that looks like a butterfly that snorted coffee grinds thinking they're lsd.
mircea_popescu: with a skin infection or w/e is going on there off to the left.
nubbins`: bubbles will either go completely or take over the rest of the page
nubbins`: this is for a band t-shirt, in the meantime
mircea_popescu: is the band name "butterfly that snorted coffee grinds thinking they're lsd" ?
nubbins`: "werewoman"
mircea_popescu: close enough.
B007: it looks like the ink had a seizure
mircea_popescu: "Nobody can get inspect your payments if you know what you're doing."
mircea_popescu: dude horrible copyediting.
mircea_popescu: don't you have a girlfriend ?
nubbins`: B007, the ink does occasionally have seizures
nubbins`: you should see the last thing i drew
B007: nubbins`: especially in the heat
nubbins`: cold is a problem too
nubbins`: humidity as well
nubbins`: i had TWO pens hemorrhage on me this week
benkay: i do but mircea_popescu is so much better at it.
nubbins`: ^ heh
nubbins`: send him a bill
B007: mircea_popescu: likes to party with lsd
mircea_popescu: indicative of Nefario's future behavior: "Thanks for your ideas guys, I'm going to wrap them all together and not pay out the bounty".
mircea_popescu: ahaha this is pretty lulzy.
ozbot: A List of Bitcoin "Investments"
B007: mircea_popescu: how rich are you?
mircea_popescu: pretty damned rich.
nubbins`: B007, don't be vulgar
B007: nubbins`: I like being vulgar
nubbins`: evidently, yes
copumpkin: B007: he bought me a bentley for supporting him in the early days
copumpkin: seems pretty generous
mircea_popescu: i did ?!
mircea_popescu: i'm so rich i buy people bentleys i don't even know about.
copumpkin: well, indirectly, in that money I stole from you
nubbins`: ah, hey, there's an MPEx asset in this list
mircea_popescu: you did ?
mircea_popescu: i'm so rich people steal my moneyz i don't even know about.
copumpkin: oh whoops, nevermind
nubbins`: i was talking with someone about this the other day
B007: thats pretty rich
nubbins`: F.PURE.SYNTH
assbot: [HAVELOCK] [CBTC] 892 @ 0.000151 = 0.1347 BTC [+]
mircea_popescu: nubbins` how's pure.synth related to the hash options tho ?
mircea_popescu: they're different things, the f.pure.synth was a synthetic copy of puremining, the glbse asset run by rosi manifold or w/e the jew's name was.
Duffer1: mani rosenfeld
nubbins`: how's it related? beats me
nubbins`: the btctalk thread is a bit light on detail
benkay: not epic at all. barely 4% of the way through known assets.
mircea_popescu: oops wrong link
ozbot: A List of Bitcoin "Investments"
ozbot: [MPEx] Introducing F.PURE.SYNTH
benkay: furthermore, that project is on hold.
ozbot: luke-jr is a scammer - he renegged on a bitcoin futures contract
Duffer1: er meni rosenfeld
B007: mircea_popescu: I can't even read that
Luke-Jr: mircea_popescu: why do you like to promote lies and scammers?
mircea_popescu: Luke-Jr that'd be the oposite of what i do.
mircea_popescu: but anyway, what was the real story there ?
benkay: luke claims that because his counterparty didn't file claims within some window of time he was absolved of his obligation to pay.
mircea_popescu: kinda how things work...
Luke-Jr: mircea_popescu: we agreed that I'd sell him <n> BTC for <n> USD at a future date. he never showed until like a month later demanding I just pay him some amount outright
nubbins`: nevermind that, what's a "synthetic copy" of an asset?
mircea_popescu: course, why did the cp go on forum then ?
Luke-Jr: benkay: I had no obligation to "pay".
mircea_popescu: Luke-Jr ah.
Luke-Jr: it was a trade.
Luke-Jr: he would have recieved something, and I would have received something back.
Luke-Jr: I was at no point under an oblgiation to sell what I got back to him at market price.
mircea_popescu: any of this in proper form (ie, as pgp signed ?)
Luke-Jr: irrelevant, but no
mircea_popescu: well, why did a third party buy your alleged debt ?
Luke-Jr: no idea
mircea_popescu: aite well... still pretty lulzy.
mircea_popescu: it doesn't necessarily have to be X or Y to be epic you know.
Luke-Jr: IIRC, had he shown up, and we made that trade, I'd have made a profit in the month he was MIA
copumpkin: irrelephant?
nubbins`: daww
nubbins`: i'm still confused about f.pure.synth
nubbins`: indulge me with the elevator pitch?
benkay: pmb, unless i miss my read.
mircea_popescu: nubbins` a synthetic was a relatively retarded construction, sadly made necessary by the very opaque manner of conducting "business" employed by the glbse muppets.
nubbins`: benkay: pmb, yep, i've got that much
mircea_popescu: it's basically "i will pay out whatever X so called asset pays out"
nubbins`: to what end?
mircea_popescu: if your credit is better than the issuer's this then gives investors incentive to buy your synthetic rather than the original, starving scams of cash.
pankkake: the goal was to short those assets?
nubbins`: a-ha.
mircea_popescu: a desperate measure for desperate times.
nubbins`: interesting
mircea_popescu: very disruptive, especially as nobody readily imagined such a thing can even exist.
mircea_popescu: at least not originally.
nubbins`: were PMBs not generally recognized to be dog turds back then?
mircea_popescu: pmbs were generally recognised to be dog turds back then about to the degree hearn is recognised as a dog turd today.
nubbins`: sure
nubbins`: so... you offered a cheaper turd to undercut the turd salesmen?
nubbins`: srsly struggling to understand here
mircea_popescu: read the forum sometime, people really thought it's the path to glory.
nubbins`: oh yeah, people lapped 'em up despite people SCREAMING that they were bad ideas
mircea_popescu: nubbins` mostly to create an actual market.
nubbins`: i mean, fucking eskimo bob was telling people not to buy them
mircea_popescu: they for instance had massive issues with shorting. mental issues.
mircea_popescu: of the sort that bubble up even today, with the braindamaged "trading closed for ipo" nonsense.
mircea_popescu: there's some schmuck from the early days plainly stating it in some thread, "the ipo is not for investors to make money but for the company to make money" or somesuch.
mircea_popescu: total disconnect from reality.
assbot: [HAVELOCK] [PETA] 5 @ 0.04897964 = 0.2449 BTC [-]
mircea_popescu: anyway, in the case there : at the time the difficulty had gone up maybe 50% over 3 months, the dividends were mostly absent and the thing still traded "At price"
mircea_popescu: because that's what counted for a market back then, a buncha forum tards being friendly
mircea_popescu: after the synth price normalised and soon enough it was in the shitter.
mircea_popescu: eventually glbse cratered and erased the thing.
mircea_popescu: and meni rosenfeld moved on to to obscure turd pushing with what was going to become bitdaytrade
mircea_popescu: a sort of kraken of 2012 as it turns out.
nubbins`: oh yeah, kraken still hasn't verified my false info
nubbins`: forgot i signed up
mircea_popescu: i r so disappoint with that thing.
mircea_popescu: they really seemed like they're competent for a while.
mircea_popescu: benkay "Predictably1, BS&T failed to issue the number of bonds they'd committed to, and Popescu was relieved of his obligation to pay out on the above synthetics."
mircea_popescu: that's not exactly correct.
benkay: o!
benkay: well, do enlighten.
mircea_popescu: the thing opened, all full of trepidation, abunch were bought
mircea_popescu: then the forum cartel backtracked
mircea_popescu: people panicked and sold into my MM bids
mircea_popescu: which were low.
mircea_popescu: this all happened much before expiration.
duduqa: Hi, everyone
B007: hi
benkay: those are additional facts, sure
benkay: but BS&T did fail to issue the number of promised bonds, and you were relieved of your obligation were you not?
mircea_popescu: this was never judged.
mircea_popescu: it never actually got to be a cogent point
benkay: so what happened at expiration?
B007: guys how do I get rich?
mircea_popescu: benkay nothing because iirc i was holding the whole load.
benkay: ah
mircea_popescu: B007 you get your words very well defined and your questions super sharp
mircea_popescu: by the time you're done with that you're rich already and don't even know when you bought copumpkin a new bionic girlfriend/maid.
assbot: [HAVELOCK] [NEOBEE] 330 @ 0.0030016 = 0.9905 BTC [-] {5}
mircea_popescu: benkay so did ognasty finally crap out or what ?
benkay: nasty mining is still a thing, innit? can't say as I've gotten much past april 2012
B007: mircea_popescu: I think then you just die from a dictionary
B007: mircea_popescu: do you ever use otr
B007: mircea_popescu: cool
ozbot: Beware: Bitcoin casino is cheating, changes outcome of their roulette
mircea_popescu: this is kinda lulz.y
mircea_popescu: "Their roulette is technically provably fair and they are publishing complete results from previous day. But they are cheating in such naive way that they simply change outcome of roulette game when needed and later in published results from previous day they show different outcome, which is correct one but was not used."
B007: I'm going to go play games
B007: see you all later
mircea_popescu: how come everyone wants to be rich these days.
mircea_popescu: i mean back before roosevelt i could understand it, being poor meant fucking starving.
B007: it is the new trend
mircea_popescu: but today ?! what difference does it make, 99% of all derps live in the same exact conditions anyway
B007: bragging rights
duduqa: "<mircea_popescu> but today ?! what difference does it make, 99% of all derps live in the same exact conditions anyway" - this
Dimsler: lol
Dimsler: rih
B007: no need to work
Dimsler: er rich
Duffer1: i don't want stuff or things, i just want my mom to retire
Dimsler: only way to become rich these days is to steal it
mircea_popescu: B007 if you didn't work you'd just go crazy.
mircea_popescu: what work. not like you go dig up coal in a mine or anything.
B007: I have never worked so far
mircea_popescu: derping about with a purpose is necessary for your sanity.
mircea_popescu: B007 i figured you must be in school.
B007: I am
mircea_popescu: https://bitcointalk.org/index.php?topic=452111.msg4977482#msg4977482 << ThickAsThieves check it out, quartz had another article.
ozbot: Bitcoin Federation of SPACE
assbot: [HAVELOCK] [HMF] 9 @ 0.0284 = 0.2556 BTC [+]
assbot: [HAVELOCK] [RENT] 60 @ 0.0055 = 0.33 BTC
Jere_Jones: ThickAsThieves, you around?
assbot: [HAVELOCK] [B.MINE] 3 @ 0.07299999 = 0.219 BTC [-]
mircea_popescu: talk about graceful degradations : tweets including references to #bitcoin-assets are auto-hashtagged "bitcoin" because that's how their parser works.
assbot: [HAVELOCK] [AM1] 5 @ 0.52 = 2.6 BTC [-]
benkay: well i was going to write a tcp client test harness today but then got distracted and this came out instead: http://cascadianhacker.com/blog/2014/02/08_when-you-know-you-done-fucked-up-but-cant-admit-it-in-public.html
ThickAsThieves: just got back wassup
assbot: [HAVELOCK] [AM1] 1 @ 0.531 BTC [+]
benkay: w/r/t proofing mircea_popescu, i learned from you to just write the thing, post it, and come back and tweak it if necessary later
Jere_Jones: ThickAsThieves, are you still providing escrow services?
benkay: ;;ud mego
gribble: http://www.urbandictionary.com/define.php?term=mego | The drugged-out sensation one gets when poring over spreadsheets or instruction manuals; acronym for "my eyes glaze over"
ThickAsThieves: Yes, but only for AM & Neo
truffles: new word yay
benkay: mircea_popescu relevant posts updated. thanks for the proofing ;)
truffles: what subject r u writing on?
assbot: [MPEX] [S.MPOE] 32076 @ 0.00085807 = 27.5235 BTC [+] {3}
BingoBoingo: benkay: Nice write up
truffles: on what!!!
Jere_Jones: Ok. I was looking for a one-off escrow.
truffles: omg i here for the nubbins!
truffles: sigh
assbot: [HAVELOCK] [B.MINE] 10 @ 0.07344999 = 0.7345 BTC [+] {6}
mircea_popescu: benkay that's sensible.
mircea_popescu: Jere_Jones maybe salty spitoon ? or you mean irc ?
assbot: [HAVELOCK] [AM1] 2 @ 0.51000201 = 1.02 BTC [-]
duduqa: bye bye fols
duduqa: folks
Jere_Jones: I'm looking to swap some real btc for gox btc as I believe that, eventually, I will be able to withdrawl.
benkay: wow that's a bold position
mircea_popescu: o get out. i'm not helping you do that.
benkay: you must have coins to burn.
Jere_Jones: I have coins that I don't need available immediately.
mircea_popescu: that is possibly the most insane thing i heard ever since i heard of people "buying pirate debt"
mircea_popescu: also, you need someone with a gox acct to escrow for you neh ?
Jere_Jones: Don't think so.
Jere_Jones: The escrow would hold the btc I send until I confirm receipt of the goxBTC.
mircea_popescu: so what, half escrow ?
mircea_popescu: yeah, and then what's the op to do ? you get the goxbtc and claim you didn't.
PierreCPA: Do you have a contingency plan if they go enter into bankruptcy? You have experience with the Japanese bankruptcy system and creditor claims?
mircea_popescu: PierreCPA o you the twitter guy ?
mircea_popescu: welcome.
mircea_popescu: bitcoin needs more accounting professionals.
PierreCPA: thank you, I was going to sit back and lurk but had to ask that haha
PierreCPA: I've noticed
assbot: [HAVELOCK] [AM1] 4 @ 0.53099995 = 2.124 BTC [+] {2}
Jere_Jones: No contingency. Just a belief that the problems are technical, not solvency. From what I can tell, mtgox is incompetent, not broke.
mircea_popescu: this guy is like jesse james.
deadweasel: fractional reserve falling apart, more likely.
PierreCPA: Ah, I see, what's your belief based on?
mircea_popescu: how long does the average incompetent lotto winner take to be broke ? eh ?
assbot: [HAVELOCK] [AM1] 15 @ 0.53592003 = 8.0388 BTC [+] {6}
Jere_Jones: It is based on what I know of MtGox's backend, the transactions that are getting stalled, and how easy it would be to write a system to cause those problems.
assbot: [HAVELOCK] [AM1] 9 @ 0.537267 = 4.8354 BTC [+] {2}
deadweasel: so nothing.
truffles: what about problems outside of their control
Jere_Jones: Oh, I am not of the belief that they have every dollar they should. I am just of the belief that I'll be able to get my coin out before the bottom falls out.
BingoBoingo: mircea_popescu: Whip the kittens already
mircea_popescu: awww ty deadweasel.
deadweasel: i hadn't saved a gif link in years. that ws too good
truffles: awww
mircea_popescu: didja ever find the viruses you were looking for ?
truffles: too bad no audio
deadweasel: i think antibiotics killed the lyme, im' got post-lyme disease syndrome, immune systems continues to battle invisible enemies
deadweasel: you talking about bacteriophage, right?
deadweasel: haven't had to do it. nice to have it all ready in case of freak outbreak of something new. 3 weeks to a new phage, give or take.
assbot: [HAVELOCK] [RENT] 139 @ 0.0055 = 0.7645 BTC
mircea_popescu: let that be a lesson to you young man
truffles: how does one get that?
mircea_popescu: never fuck a doe bareback again.
mircea_popescu: truffles from tic.
deadweasel: lyme ticks here have evolved to stay active in winter..
deadweasel: little fuckers
truffles: i kill bugs on site so...
mircea_popescu: they're about the size of afids really.
mircea_popescu: you only see them once they swell
deadweasel: never see these, gotta look everywhere, because they have numb bites.
deadweasel: until they fill with your blood and screw into your flesh
deadweasel: then they pretty obvi
assbot: [MPEX] [S.MPOE] 28550 @ 0.00086235 = 24.6201 BTC [+]
deadweasel: also getting immune to deet
PierreCPA: reading it now
benkay: now with discussion of mike_c's "you can raise it but you can't spend it"
assbot: [HAVELOCK] [B.EXCH] 1 @ 0.19376446 BTC [+]
mircea_popescu: benkay speaking of that discussion, this month is quite the reverse.
truffles: benkay is that answer to my ? ^^
mircea_popescu: "oh if only we had spent btc at 1200 to acquire real goods now worth 2x in btc"
benkay: the curse of volatility.
benkay: "you can raise it, but now you have to spend it optimally"
mircea_popescu: moreover, an important point to be considered is that the real assets of btc corps act as an absolutel bottom in the btc exchange.
mircea_popescu: which is always nice to have.
benkay: yeah no shit
mircea_popescu: anyway, all this is going in s.mg feb report, so.
benkay: oh minigame's looking to burn some cash?
mircea_popescu: no, but i gotta follow up with something for investor's benefit.
mircea_popescu: after last month's haha aren;t you glad we didn't spend anything
BingoBoingo: mircea_popescu: You finally bought the Eve devs?
nubbins`: nasty mining is, i believe, still a thing
benkay: well in three months time it'll be back to 'aha aren't you glad we didn't spend anything' again
mircea_popescu: have you SEEN the eve devs ? i'd rather buy a zoo
mircea_popescu: benkay either that or "sorry, but we had to spend it eventually"
benkay: this is what executive leadership is for. deciding when to burn the btc.
benkay: naively, at the last possible moment. more sophisticatedly, at the right time.
BingoBoingo: mircea_popescu: But you can feed devs pouridge and give it a fancy name like Soylent, its rather cheap. The zoo's Lions would be malnourished.
mircea_popescu: notrly. the duck does that part.
mircea_popescu: the executive leadership is for taking the burns once it blows up
benkay: ah, sorry? as in taking the burn for not spending btc at the right time?
PierreCPA: mircea_popescu reasonable approach. It does remove the BS parts of GAAP, but it also does not address complex issues like consolidation of partially owned subsidiaries, revenue recognition for installment contracts, etc...
mircea_popescu: PierreCPA yeah.
PierreCPA: I started working on a similar project ( http://bitcoinadvisory.org/index.html ) but had to get a real job to pay the bills
assbot: [HAVELOCK] [AM1] 1 @ 0.537267 BTC [+]
mircea_popescu: hopefully more of that stuff can go in as more of your profession start being available for the corps to do the stuff.
mircea_popescu: i think tho the consolidation of subsidiaries can be done easily by a) disalowing unlisted subsidiaries and b) mark to market.
PierreCPA: Yes, it's happening, we just need demand from clients before doing anything really
mircea_popescu: you need to be in the wot and have a reputation before you'll get demand from any clients
mircea_popescu: and the actual clients, of course, but that's slowly coming into place.
mircea_popescu: benkay yea.
PierreCPA: agreed, problem is there can be no overlap between accountants serving large companies (and these are generally the high quality accountants), and accountants serving Bitcoin non-SEC listed companies, due to liability
PierreCPA: so that firewall slows things down
mircea_popescu: i guess it does.
PierreCPA: so the demand has to come from "compliant" mainstream companies wanting to get in the game
mircea_popescu: with the mention that those WERE the good accountants. they won't be, in a decade or two.
mircea_popescu: nah, non-compliant corps will crush the entire system, from sec down to all corps and their subcontractors.
benkay: far better to save up some cash and be the premiere btc accountant.
PierreCPA: Perhaps, though I think we'll call them "accounting system developers", accounting will be done entirely 100% by computers
mircea_popescu: perhaps.
benkay: disconnect from the doomed fiat systems.
jurov: Jere_Jones use this as escrow: bitbet.us/bet/751/mtgox-out-of-business-in-2014/?ref=1EteoRKNYbNhhmFfsKnUSWRF3JUpKCcMnc
PierreCPA: what's a good metric for seeing the size of non-compliant corps? i.e. is their someone summing the mkt caps?
mircea_popescu: about a million btc giver or take atm
assbot: [HAVELOCK] [B.SELL] 1 @ 0.121 BTC [-]
nubbins`: i was about to ask Jere_Jones if he had a seller of goxbtc lined up
nubbins`: but then i realized that's probably not hard to find
truffles: hai nubbins
truffles: busy?
nubbins`: depends on if you want to play chess
nubbins`: i kid! but i actually to have to pick up rent
nubbins`: just popped in with a coffee
truffles: hope u win with this dodgery
nubbins`: i rarely win
Namworld: ;;premium gox bitstamp
gribble: Premium of MtGox over Bitstamp is currently -4.33866400355 %.
nubbins`: i'll play later tho
Namworld: MtGox... why you so silly
truffles: im stepping away "later"
Namworld: From +20 to -5
truffles: this time tomorrow is better?
nubbins`: schedules collide
truffles: or 2 hours prior?
nubbins`: later in the evenings is better
truffles: what time is evening? est cst?
nubbins`: utc-3:30
truffles: guess we'll have to wait til things shift
jurov: oh, there's parasigm shift already?
jurov: *paradigm
nubbins`: 2014-03-09, dst begins
jurov: and where is it scheduled to shift?
nubbins`: an hour forward
nubbins`: to utc-2:30
mike_c: good article benkay. it's crazy (but not surprising) that havelock is messing around with the ipo structure.
jurov: oh they do. and if issuer is borderline competent, they in turn don't understand him
jurov: (of bitcoinbourse.eu infamy)
assbot: [HAVELOCK] [B.EXCH] 2 @ 0.19376446 = 0.3875 BTC [+]
jurov: what pankkake? you invested there too?
pankkake: no, but I'm always annoyed to see those people are still operating
benkay: thanks, mike_c!
benkay: there are no contracts, so nobody can be certain of anything.
mircea_popescu: so i bought these slightly smoked plums
mircea_popescu: omfg they're great
mircea_popescu: im reduced to one hand typing
Mats_cd03: I'll smoke your plums
mircea_popescu: this is the future of social media : tastegram
jurov: Mats_cd03 don't forget, you promised me some rimming first
BingoBoingo: mircea_popescu: Then someone sends tastegrams which seem to be almonds, but are actually cyanide
mircea_popescu: i guess it'd have to be implemented electronically rather than chemically.
mircea_popescu: no future for 3d printing in this.
mircea_popescu: incidentally... 3d molecularbiologizing... get cartridges of all the elements, print any substance.
jurov: there are iirc 5 basic smells that can be mixed like colors
Mats_cd03: mircea_popescu: too late... Instagram _is_ tastegram
BingoBoingo: I didn't think there was much future for 3D printing beyond industries frequently needing bespoke and one-off construction
jurov: no need to 3d print molecules
mircea_popescu: that could potentially be everything tho
mircea_popescu: all the car buyers want to be... unique.
mircea_popescu: "you wouldn't download a car" ? oyestheywould.
mircea_popescu: jurov no way. i can detect more scents than colors.
jurov: yes, cuz there are much more combinations of 5 basic smells than 3 primary colors
mircea_popescu: i can actually distinguish mercaptane from ethilthiol
mircea_popescu: what the heck do you mix to go from one to the other ?
jurov: dunno. my mother explained to me mixing smells is basic physiology exercise for med students
assbot: [HAVELOCK] [AM1] 2 @ 0.54729999 = 1.0946 BTC [+]
mircea_popescu: fun fact : mercaptane actually is a natural byproduct of asparagus digestion in mammals. for a long time people imagined the ability to excrete it in urine is genetically dependent, as apparently not all people did it.
mircea_popescu: then it turned out that in fact yes all people do it, but the ability to SMELL it is the genetic trait
mircea_popescu: as not all people can smell it.
jurov: and yo get back to topic.. "you wouldn't download a penis" - guess what gets printed first once 3d printer appears somewhere?
assbot: [MPEX] [S.MPOE] 16746 @ 0.0008634 = 14.4585 BTC [+] {2}
jurov: wao-ender can confirm
mircea_popescu: i recently had my penis made out of marzipan
mircea_popescu: from memory.
rbonestell: is there any specific person in charge of assbot?
assbot: [MPEX] [S.MPOE] 23700 @ 0.00086235 = 20.4377 BTC [-]
mircea_popescu: rbonestell kakobrekla
jurov: no, assbot is promiscuous
assbot: [MPEX] [S.MPOE] 5750 @ 0.00086235 = 4.9585 BTC [-]
rbonestell: ... :-O
rbonestell: thanks, mircea_popescu.
rbonestell: isn't it open source?
mircea_popescu: i don't remember which it is, maybe supybot ?
rbonestell: I thought I found the source under an mpex repo on github somewhere
mircea_popescu: wasn't that mpexbot?
rbonestell: ohhhh, yeah
rbonestell: probably
mircea_popescu: yes well. not all bots are the same
mircea_popescu: just like people.
assbot: [MPEX] [S.MPOE] 1007 @ 0.00086235 = 0.8684 BTC [-]
assbot: [HAVELOCK] [B.MINE] 3 @ 0.0731 = 0.2193 BTC [-]
rbonestell: I thought I stumbled upon some irc bot for mpex and havelock when I was making that android app for the havelock API... but I have a terrible memory.
rbonestell: I didn't read the preceding context, but daaamn- some serious hostility there.
mircea_popescu: aw shit you saw it already.
jurov: what kind of master thesis paper doesn't notice the university where it is done?
jurov: just the first thing i noticed
mircea_popescu: maybe their entire country only has one university so it's kind-of redundant ?
Duffer1: i didn't know phoenix.edu offered masters
assbot: [HAVELOCK] [B.EXCH] 4 @ 0.19376446 = 0.7751 BTC [+]
assbot: [HAVELOCK] [AM1] 13 @ 0.54871538 = 7.1333 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 3 @ 0.5499 = 1.6497 BTC [+] {2}
mod6: jeeze.
mircea_popescu: you squattin' ?
mod6: heh, na, just lag.
mod6: couldn't seem to get nickserv to cooperate
mircea_popescu: omgwtf what year is it
mircea_popescu: how long have i been asleep
nubbins`: get a shave, ya bum!
mircea_popescu: is stallman dead ?
nubbins`: no, just lethargic
mircea_popescu: didn't he go "over my dead body" or somesuch ?
assbot: [MPEX] [S.MPOE] 3627 @ 0.00085992 = 3.1189 BTC [-]
nubbins`: yes but he said it in spanish and the audience spoke portuguese
assbot: [MPEX] [S.MPOE] 24073 @ 0.00086082 = 20.7225 BTC [+] {2}
mircea_popescu: by the way, anyone else noticed how quickly the altcoin subforum standardized ?
mircea_popescu: it's uncanny.
mircea_popescu: hashturbate.com pitythepool.com valid-error.com etc
mircea_popescu: they have an announcement format, this is what one should do a master thesis on
mircea_popescu: copy the entire altcoin subforum, define 50-100 measures, see how standardised the offerings are, do a over time survey
mircea_popescu: pure fundamental open-market research. more valuable than 99% of all economics papers to be published in 2014
assbot: [MPEX] [S.MPOE] 23262 @ 0.00085697 = 19.9348 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 30 @ 0.55808965 = 16.7427 BTC [+] {6}
mircea_popescu: anyway. the rms life and culture seems now a failed experiment. gpl was perhaps a good idea, but gpl 3 is an unmitigatedly bad idea, and so it goes. they wanted to kill bsd and in the end bsd killed them.
assbot: [HAVELOCK] [AM1] 4 @ 0.56995 = 2.2798 BTC [+] {2}
assbot: [MPEX] [S.NSA] 5000 @ 0.000107 = 0.535 BTC [-]
assbot: [HAVELOCK] [AM1] 3 @ 0.579 = 1.737 BTC [+]
assbot: [HAVELOCK] [CBTC] 757 @ 0.00015499 = 0.1173 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 10 @ 0.5876543 = 5.8765 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 1476 @ 0.00015696 = 0.2317 BTC [+] {3}
assbot: [HAVELOCK] [CBTC] 3500 @ 0.00015697 = 0.5494 BTC [+] {2}
nubbins`: mircea_popescu, when you say standardized, you mean the format of the announcement posts?
mircea_popescu: but not just
nubbins`: sure
mircea_popescu: the reality underneath. who said they must have "faucets" ?
mircea_popescu: what IS a faucet ?
nubbins`: you used to find the same thing in group buy threads too
mircea_popescu: why pools ? why x y z
mircea_popescu: if you look at it unbiased it's shockingly organised, and arbitrarily so
nubbins`: really it just boils down to people doing copypasta because they can't be fucked to figure out how to structure a post
mircea_popescu: the fucking threads spell Schelling like a poem
nubbins`: in their defense, why reinvent the wheel?
nubbins`: anyway, you'd suppose the rest has some sort of purpose
mircea_popescu: indeed. i was not presuming to argue, merely observe.
nubbins`: e.g. if there's no faucet, nobody but a couple miners are gonna bother to play with it
nubbins`: sure
mircea_popescu: no argument it has purpose, but the structure and therefore the convention and meaning imo far exceeds the purpose
nubbins`: there's a purpose? ;p
mircea_popescu: well obviously.
assbot: [HAVELOCK] [AM100] 26 @ 0.00549999 = 0.143 BTC [+] {4}
nubbins`: i stepped into the altcoin announcement sub the other day. had to go back like six fuckin pages to see a thread that wasn't last updated "Today"!
nubbins`: alts are like cabbage patch kids
mircea_popescu: definitely.
mircea_popescu: and those are a linguistic artefact.
mircea_popescu: which is why i don't argue, it'd be like insisting "barracks" should be spelled "kaserne"
nubbins`: oo, canadian snowboarder just smacked his tailbone
nubbins`: "i can't even explain how difficult these tricks are" says the cbc announcer
nubbins`: OK COOL MAN DON'T EVEN TRY
mircea_popescu: he's just the announcer.
assbot: [HAVELOCK] [NEOBEE] 50 @ 0.00300001 = 0.15 BTC [-]
assbot: [HAVELOCK] [COG] [PAID] 0.36336265 BTC to 9`595 shares, 3787 satoshi per share
assbot: [HAVELOCK] [B.MINE] 4 @ 0.07249999 = 0.29 BTC [-] {3}
assbot: [HAVELOCK] [CBTC] 13923 @ 0.00015697 = 2.1855 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 34850 @ 0.0008596 = 29.9571 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 5550 @ 0.00086324 = 4.791 BTC [+] {2}
assbot: [HAVELOCK] [CBTC] 5966 @ 0.00015744 = 0.9393 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 28400 @ 0.00086357 = 24.5254 BTC [+] {2}
BingoBoingo: There's a sane noob of the month award now? Must be getting some better noobs. https://bitcointalk.org/index.php?topic=401481.msg5025034#msg5025034
Duffer1: i think that's a Crumbs sock
BingoBoingo: Crumbs need socks nao?
assbot: [MPEX] [S.MPOE] 65858 @ 0.00085637 = 56.3988 BTC [-] {2}
mircea_popescu: srsly ?>
assbot: [HAVELOCK] [CBTC] 1452 @ 0.00016996 = 0.2468 BTC [+] {7}
Mats_cd03: .bait
pankkake: yes, it's crumbs. he's banned
diametric: i can't wait until mtgox completely dies
diametric: the drama will be glorious
KRS-One: word
Mats_cd03: what is dead will never die
KRS-One: where would we trade our magic: the gathering warez then
diametric: how great would that be if thats what it reverted back to
diametric: and they start offering refunds of btc in "equal valued" magic cards
mircea_popescu: <Mats_cd03> what is dead will never die <<< this, basically.
mircea_popescu: bfl is in the same situation, the entire bitcoin foundation structure is basically... that.
Mats_cd03: cant get rid of aids man
mircea_popescu: even bitcoinica is still technically alive
diametric: so many people think the bitcoin foundation is in charge of bitcoin
diametric: its hilarious
mircea_popescu: the people responsible very much going around talking about things as if.
jayk: my investor had the right idea
jayk: he wantd to fly out to bfly had have a tour
jayk: however, they never returned a phone call or email
jayk: in the end no money was ever delivered to them for product
jayk: i doubt a kansas city mega cloudhashing center exists for them
jayk: prolly see an exec run
assbot: [MPEX] [S.MPOE] 26700 @ 0.00085368 = 22.7933 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 1 @ 0.5799 BTC [-]
assbot: [HAVELOCK] [B.SELL] 1 @ 0.122 BTC [+]
assbot: [MPEX] [S.MPOE] 22292 @ 0.00085506 = 19.061 BTC [+] {2}
assbot: [HAVELOCK] [SFI] 120 @ 0.00086899 = 0.1043 BTC [+] {2}
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0735 = 0.147 BTC [+]
assbot: [HAVELOCK] [AM1] 10 @ 0.5898 = 5.898 BTC [+] {2}
KRS-One: hey
KRS-One: .bait
assbot: [HAVELOCK] [B.SELL] 1 @ 0.1225 BTC [+]
KRS-One: ah damn, i'll geek her up...fawk.
assbot: [HAVELOCK] [AM1] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [AM1] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [CBTC] 7500 @ 0.0001833 = 1.3748 BTC [+] {5}
assbot: [HAVELOCK] [CBTC] 700 @ 0.00018888 = 0.1322 BTC [+]
assbot: [HAVELOCK] [B.SELL] 2 @ 0.1225 = 0.245 BTC [+]
assbot: [HAVELOCK] [B.MINE] 2 @ 0.0735 = 0.147 BTC [+]
assbot: [MPEX] [S.MPOE] 15701 @ 0.00086164 = 13.5286 BTC [+]
assbot: [HAVELOCK] [CBTC] 1423 @ 0.00018898 = 0.2689 BTC [+] {5}
assbot: [HAVELOCK] [B.SELL] 1 @ 0.122 BTC [-]
assbot: [HAVELOCK] [AM1] 2 @ 0.59 = 1.18 BTC [+] {2}
assbot: [HAVELOCK] [AM100] 77 @ 0.00550116 = 0.4236 BTC [+] {4}
assbot: [HAVELOCK] [CBTC] 10000 @ 0.00019922 = 1.9922 BTC [+] {8}
assbot: [HAVELOCK] [AM100] 130 @ 0.00571048 = 0.7424 BTC [+] {8}
assbot: [HAVELOCK] [AM1] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [AM100] 102 @ 0.00583246 = 0.5949 BTC [+] {6}
assbot: [HAVELOCK] [AM1] 1 @ 0.59 BTC [+]
assbot: [HAVELOCK] [AM100] 89 @ 0.00584539 = 0.5202 BTC [+] {2}
assbot: [HAVELOCK] [AM1] 2 @ 0.59391484 = 1.1878 BTC [+] {2}
assbot: [HAVELOCK] [RENT] 139 @ 0.0055 = 0.7645 BTC
assbot: [HAVELOCK] [AM1] 2 @ 0.59391484 = 1.1878 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 25400 @ 0.00085921 = 21.8239 BTC [-]
assbot: [HAVELOCK] [AM1] 1 @ 0.59385 BTC [-]
assbot: [MPEX] [S.MPOE] 1858 @ 0.00085921 = 1.5964 BTC [-]
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